The Business Times, 24 March 2009

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Total Pages: 32
1 32 The Business Times
  • 20 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg mm A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 197/08/2008 Tuesday, March 24,2009
    20 words
  • 938 1  -  ANDREW MARKS The Geithner gambit Loans/mortgages Banks to decide which assets they want to sell. The Federal Deposit Insurance Corp will determine the amount of funding it will guarantee and auction them. Investors can fund 50 percent of the
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  • 680 1  -  CHUANG PECK MING By [SINGAPORE] During severe market cycles, Singapore must expect to see significant fluctuations in the portfolio value of its investments. This has happened in the current crisis and had happened in 2001, when the equity markets collapsed,
    680 words
  • MARKETS DIGEST
    • 29 1 SINGAPORE 5.38 MALAYSIA 5.53 HONG KONG 5.00 INDONESIA 16.756 TAIWAN 4.826 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 2.50 SWITZERLAND 0.52 INDIA 12.25 Source: Bloomberg
      Bloomberg  -  29 words
    • 48 1 lorn lay lange 1 COMP 878.30 +21.48 IIKKEI225 8,215.53 +269.57 1ANG SENG 1 3,447.42 +613.91 ;et index 438.17 +8.53 JAKARTA COMP 1,406.65 +45.76 1ANILA COMP 1,879.09 +45.19 ;eoulcomp 1,199.50 +28.56 ;henzhenb 343.30 +7.93 IUMBAI IND 9,424.02 +457.34 12 noon EDT Change )OW 7,599.12 +320.74 IASDAQ 1,519.11 +61.84
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    • 45 1 IS$ (S$ per US$) 1.508 (US$/S$ per 1.461 2.203 :UR0 (US$/S$/E) 1.371 2.067 Foreign currency per US$ S$ 'EN 95.90 63.60 3.640 2.414 IK$ 7.750 5.140 !AHT 35.21 23.35 lUPIAH 11,585 7,683 lENMINBI 6.833 4.531 INDIAN RUPEE 50.45 33.46 1.429 0.948 IZ$ 1.763 1.169
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  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • 61 1 PRIME RETAIL Ilit^lVtßiH SME INC SIUSE ÜBS SINGAPORE OFFICE SPACE lon Orchard offers liS O IIH The staff welfare MS^T 1 ÜBS may lay off 10° Rentals continue to fall rent rebates to tenants ¥j^ company r^ \lj private bankers here PAGE 2 PAGE 32 \»iß*t3B» PAGE 13 H PAGE
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  • TOP STORIES
    • 735 2  -  KALPANA RASHIWALA 18% drop in Q1 a precursor to further falls in the rest of the year, says CBRE By Source: C [SINGAPORE] The slide in prime office rents has continued into the first quarter of this year. CB Richard Ellis estimates that
      IB Richard Ellis  -  735 words
    • 506 2 Plan calls for banks' capital ratios to be raised after crisis LEADERS of the Group of Twenty (G-20) largest economies will adopt a global plan for stronger regulation for the world financial system, at their meeting to be held in London
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    • THREE-MINUTE DIGEST
      • 85 2 TREASURY Secretary Timothy Geithner finally unveiled details of the plan that the world has been waiting for. Aimed sharply on buying up the so-called toxic assets that have weighed so heavily on the balance sheets of US banks, it
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      • 55 2 THE slide in prime office rents has continued into the first quarter of this year. CB Richard Ellis estimates that average Grade A and prime office rental values in Singapore both slipped about 18 per cent in Ql this year over the preceding
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      • 69 2 ÜBS Singapore will lay off up to 100 private bankers by next month, sources say. Department heads have already told staff to brace themselves as some cuts have to be expected given the current climate, one ÜBS banker told BT. The layoffs
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      • 57 2 CELESTIAL NutriFoods' external auditors have drawn attention to the possibility of bondholders seeking early redemption of their $235 million convertible bonds, which could have a bearing on its going concern status. Total redemption amount needed, assuming all bondholders exercise their options, was estimated at
        57 words
      • 64 2 THAI energy group PTT Public Company the company that evolved from the privatisation of the Petroleum Authority of Thailand is looking to acquire Straits Asia Resources. A pre-conditional mandatory cash offer unveiled yesterday said the offer will be at 80.7 cents a share.
        64 words
      • 62 2 THE government will pump in $15 billion to $17 billion in building and infrastructure projects in 2010 and 2011 each. This is on top of the $18 billion to $20 billion it is expected to spend this year, said Grace Fu, Senior
        62 words
      • 54 2 PRESIDENT Barack Obama has said there are "flickers of hope" for the recession-hit US economy, noting that mortgage refinancings have significantly increased and interest rates have never been lower. "That promises the possibility at least of the housing market bottoming out and stabilising."
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      • 86 2 TENANTS at upcoming Orchard Road mall lon Orchard will get rebates of up to 30 per cent of base rentals on top of the 40 per cent property tax rebate from the government that developer Orchard Turn Developments will pass on to all
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    • 619 2 Belters Greater downside protection than in global stocks, it says [SINGAPORE] Fullerton Fund Management, a unit of Singapore state investor Temasek Holdings, is handing hedge funds a vote of confidence, saying it will allocate more money to the beleaguered products
      Belters  -  619 words
    • 436 4  -  SIOW LI SEN Dept heads tell staff to brace themselves as current climate require cuts: sources By [SINGAPORE] ÜBS Singapore will lay off up to 100 private bankers by next month, sources say. Department heads have already told staff to brace themselves
      REUTERS  -  436 words
    • 761 4 AIG SAGA Its president for South-east Asia says abuse is unfair [SINGAPORE] Leslie Mouat, AlG's president for Southeast Asia, said the "abuse" against employees of the American International Group (AIG) amid furore over bonus payments is "unfair", and he would give up
      761 words
    • 344 4 -AP LATEST US DATA [WASHINGTON] Sales of existing homes rose from January to February in an unexpected boost for the slumping US housing market as buyers took advantage of deep discounts on foreclosures. The National Association of Realtors said yesterday that sales of existing homes
      -AP  -  344 words
  • Page 2 Advertisements
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  • Page 3 Advertisements
    • 930 3 (Constituted in the Republic of Singapore pursuant to a :^|> j^^^^^Sl Sttti' s; trust deed dated 29 October 2001 (as amended)) p-^'f 'fC T^ft j__^_^ *s^B vis-A _m. I. Capita Mall Trust Management Limited, as manager of Capita Mall Trust ("CMT"), is undertaking a fully underwritten-^^( W^ and renounceable 9-for-10
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  • Page 4 Advertisements
    • 2733 4 Mobile One Ltd |ff|i (Incorporated in the Republic of Singapore) \B| (Company Registration No. *****6031W) kV*HMdMdrJflLWiWddflldr7Jlflld3?l?lg NOTICE IS HEREBY GIVEN that the 7th Annual General Meeting of the ordinary shareholders of the Company will be held at Raffles City Convention Centre, Olivia Room, Level 4, 2 Stamford Road, Singapore *****2
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  • STRATEGIC LEADERSHIP
    • 1170 5 Good service involves a top-down culture to deliver clients' wants efficiently, and to anticipate their needs, reports UMA SHANKARI SERVICE excellence is more than just drilling frontline employees into greeting people with a smile. Companies that are acknowledged to provide good service have a top-down culture in
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  • Page 5 Advertisements
    • 391 5 t/ SMU .JL. institute of Jlvlw SERVICE EXCELLENCE SINGAPORE MANAGEMENT IF SINGAPORE MANAGEMENT UNIVERSITY UNIVERSITY V Strategic Leadership A four-parter weekly series brought to you by the Institute of Service Excellence at Singapore Management University (ISES). Featuring findings from the Customer Satisfaction Index of Singapore, it also reveals insights on
      391 words

  • COMPANY NEWS
    • 485 6  -  LYNETTE KHOO Risk of bondholders seeking early redemption of convertible bonds Reports by CELESTIAL NutriFoods' external auditors have drawn attention to the possibility of bondholders seeking early redemption of their $235 million convertible bonds, which could have a bearing on its going concern status.
      485 words
    • 281 6 CHINA Sun Bio-Chem Technology Group halted trading of its shares yesterday pending an announcement. It is not clear what the announcement would be but the producer of corn starch and modified starch had late last month sought an extension of time from the
      281 words
    • 713 6  -  OH BOON PING THE earnings reporting season is a key event for shareholders as this is their opportunity to know and evaluate the companies' performance and outlook. This is even more so in the current challenging business environment where stockholders need greater clarity
      713 words
    • 471 7  -  RONNIE LIM Chinese bank said to be 'in due diligence' on Sembcorp's US$l b Oman project By ITS Chinese connections, or "guanxi", may prove a "win-win" for Singapore conglomerate Sembcorp Industries which has been seeking financing over the past few months for the
      471 words
    • 367 7  -  JOYCE HOOI By THAI energy group PTT Public Company the company that evolved from the privatisation of the Petroleum Authority of Thailand is looking to acquire Straits Asia Resources. A pre-conditional mandatory cash offer unveiled yesterday said that the offer will be at
      FILE PHOTO  -  367 words
    • 540 7 Reuters [SINGAPORE] Quant Asset Management, a hedge fund manager that uses computer models to invest, says its assets slid 43 per cent in the past year on fund redemptions, but it is still targeting high returns amid cheap stock valuations. Frank Holle,
      Reuters  -  540 words
    • 357 9  -  CONRAD TAN It hopes to attract more high-speed traders with new Genium platform By THE Singapore Exchange (SGX) is planning to replace its trading engine with an even faster one that it hopes will attract more high-speed traders to the Singapore market. SGX
      357 words
    • COMPANY BRIEFS
      • 99 9 UNIONMET (Singapore) is proposing a two-for-three rights issue at two cents per rights share to raise $4.78 million. It plans to use the funds to strengthen its capital base, support its business development and provide liquidity for business expansion. Separately, the Chinese indium ingot
        99 words
      • 85 9 TRANSCU Group, a life sciences company, has signed a memorandum of understanding (MOU) with Nanomizer Inc to jointly develop and commercialise the Nano-Emulsion Fuel System for the global market. Under the MOU, Nanomizer will design and develop the technology for the system and other
        85 words
      • 114 9 KOYO International has announced that Koyo Eco Pte Ltd, which is partly owned by its unit Koyo Engineering Pte Ltd, has signed a framework agreement with the Yong Ning county for the Build-Operate-Transfer of a waste water treatment plant in Yong Ning county of
        114 words
      • 50 9 SHARES in Singapore Food Industries (SFI) have been suspended pending delisting, after the takeover offer by Singapore Airport Terminal Services (SATS) closed yesterday. SATS received acceptances amounting to some 149.1 million SFI shares, raising the stake that it controls in SFI to 98.6 per cent.
        50 words
    • 221 9 Bloomberg [JAKARTA] PT Telekomunikasi Selular, Indonesia's biggest mobile-phone operator, is considering selling bonds this year to fund spending, an official at parent company PT Telekomunikasi Indonesia said yesterday. Telkom, as the parent company is known, plans capital spending of US$2 billion this year, 70
      Bloomberg; BLOOMBERG  -  221 words
    • 416 9  -  JOYCE HOOI By THE byword for Singapore financial institutions this year is "caution" in the merger and acquisition (M&A) field, according to the latest PricewaterhouseCoopers (PwC) survey on the outlook for M&A in Asia. The survey also found that 42 per cent
      416 words
  • Page 6 Advertisements
    • 2180 6 TRUST FIRST SHIP LEASE TRUST (a business trust constituted on 19 March 2007 under the laws of the Republic of Singapore) MANAGED BY FSL TRUST MANAGEMENT PTE. LTD. (Incorporated in the Republic of Singapore) Company Registration No. *****2265R (as Trustee-Manager of First Ship Lease Trust) NOTICE OF ANNUAL GENERAL MEETING
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  • Page 7 Advertisements
    • 107 7 SINGAPORE AND KUWAIT t§ NOW CLOSER THAN EVER f Singapore Airlines now flies four times a week to Kuwait. A Experience the Middle East like never before from breathtaking views at the Kuwait Towers, to shopping pleasures at the traditional souks. En route, enjoy KrisWorld, your personal entertainment system, and
      107 words

  • SINGAPORE MARKETS
    • 631 8  -  YEN SREENIVASAN STOCKS STI closes at 1,664.08 points, the highest in six weeks in tandem with gains in Hong Kong and Tokyo OPTIMISM that a US Treasury plan for a public-private partnership to remove toxic loans from the banking system will put the financial system
      631 words
    • 85 8 Up Down Unch Up Down Unch Up Down Unch lulti Ind 112 2 0 0 0 112 2 lanufacturing 87 21 38 93 24 46 Commerce 32 16 34 18 'pt/Stor/Comms 26 27 :inance 20 20 Construction 11 11 'roperties 33 33 lotels/Rsts jervices 42 11 50
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    • 111 8 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 34,891 34,891 98,301 98,301 lanufacturing 783,954 8,418 792,372 194,165 366 194,532 lommerce 84,691 18,799 103,490 70,225 2,312 72,537 'pt/Stor/Comms 147,202 240 147,442 184,699 17 184,716 :i nance 42,692 42,692 244,411 244,411 lonstruction 38,691 4,918 43,609 2,690 51 2,740 'roperties
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    • 105 8 lapitaLand 2.200 +0.170 Noble Grp 1.170 +0.080 lapitaMall 1.130 +0.010 OCBCBk 4.720 +0.160 jtyDev 5.250 +0.220 Olam 1.500 +0.090 lomfortDelGrc 1.320 -0.010 S IA 10.000 +0.290 losco Corp 0.820 +0.080 SGX 4.950 +0.230 IBS Grp 8.000 +0.250 SIAEngg 1.620 +0.030 :&N 2.490 +0.200 SMRT 1.590 +0.010
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    • 247 8  -  CONRAD TAN Water sector DBS GROUP RESEARCH, March 23 WITH banks in China starting to extend credit again, the water sector should soon be splashing with new order announcements after a nine month drought. And this does not take into account China's stimulus efforts, the full impact of
      247 words
    • 211 8  -  KEN TAI CHART POINT REGIONAL markets have turned moderately bullish ahead of the Obama administration's plan to unveil a subsidy programme to help private investors purchase troubled assets from US banks. Markets have been eagerly awaiting the details since last month because the banks' ability
      211 words
    • 512 8  -  LARRY WEE CURRENCIES WITH the notable exception of the Japanese yen, it was the turn of Asian currencies to score the best gains yesterday, as the US dollar fell further ahead of the announcement of a new plan to deal with
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    • 4 8 DAILY
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    • 58 8 Mar 23 VALUE CLOSE BT OB/OS 453.00 +447.0 BT CADI -*****.00+247.0 BT 10-day MA -*****.00 +46.00 FTSE ST Mid Cap 323.70+13.07 FTSE ST Small Cap 254.45+13.49 FTSE ST All Share 394.09+16.10 FTSE ST China Top 150.09+10.45 FTSE ST China 147.52 +10.36 UOB Catalist 66.30 +1.68 SIMSCI 200.50
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    • 56 8 VOLUME China Honqxinq 184,783,000 Chartered R 137,877,000 Golden Aqri 74,228,000 Celestial 42,449,000 Capita Land 42,015,000 Cosco Corp 40,294,000 SinoTechfib 36,620,000 Swiber 33,456,000 ChinaSports 32,759,000 Chart SemiCond 27,531,000 VALUE(S) CapitaLand 89,532,120 DBS Grp 83,563,600 UOB 76,043,130 SingTel 68,664,016 Keppel Corp 57,452,260 SGX 44,201,740 Wilmar 43,674,070 OCBC Bk 37,916,250
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    • 109 8 DBXT FTChina25 10US$ CLOSE UP 1990 150.7 5.3 DBXT MSTaiwan 10US$ 1008 78.4 5.4 China H 10US$ 1035 78.4 5. JMH 1850 75.4 2.8 Jardine C&C 1060 61.0 6.1 UOB 5.05%NCPS 100 9150 50.0 0.5 Con 490 45.0 10.1 UOB.ES.0903 966 43.0 4.7 UOB 979 41.0 4.4 OCBC Bk5.1%NCPS
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    • 118 8 BY CENTS CLOSE DOWN DBXT S&P Short 10US$ 8170-241.2 -1.9 GLD 10US$ 9390-128.1 -0.9 JSH 992 -54.3 -3.5 iCBCCai :.93%Pref10 6980 -20.0 -o.: STI 1950BNPePW*****9 63 -14.0 -18.2 OUE 888 -12.0 -1.3 UOBRBePW*****3 105 -11.0 -9.5 DBS BNP ePW*****7 79.5 -7.5 -8.6 STI 1800BNPePW*****0 16.5 -7.5 -31.3 UOB BNP
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    • 85 8 Mar 23 CHNG CLOSE FRMar20 YR 2008/2009 S$ LOW S$ HIGH USS 1.5105 -0.07 1.5579 1.3457 Euro 2.0603 0.18 2.2064 1.8640 Pounds 2.1994 -0.17 2.8431 2.0356 AS 1.0528 -0.89 1.3251 0.9068 Yen* 1.5661 1.81 1.7278 1.2619 Rupiah* 0.***** -1.68 0.***** 0.***** Baht* 4.2790 -0.24 4.4299 4.0190
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  • Page 8 Advertisements
    • 117 8 J^t i\ \a wf< i r rvo ia i" n.ll y-vv i 11 !< i: cI: i> vI-m kl gaSiS! QuSsß The information in this advertisement is provided solely for informational purposes and does not constitute investment advice. It does not take into account your objectives, financial situation and needs.
      117 words


  • SINGAPORE NEWS
    • 456 10  -  ARTHUR SIM This is on top of the $18-20b expected to be spent this year, says minister By THE government will pump in $15 billion to $17 billion in building and infrastructure projects in 2010 and 2011 each. This is on top
      456 words
    • 537 10  -  TEH SHI NING But inflation hit poorest households hardest last year By SINGAPORE'S inflation rate slowed to a 20-month low in February, when the consumer price index (CPI) rose just 1.9 per cent year-on-year, compared to its 2.9 per cent gain in
      FILE PHOTO  -  537 words
    • 586 10  -  NISHA RAMCHANDANI Save $200 on 3-day grandstand pass at $1,188 By IN a nod to the weaker economy, race promoter Singapore GP (SGP) yesterday announced promotional early-bird ticket prices for this year's Formula One event from Sept 25-27. But once these tickets run
      586 words
    • 423 10  -  CHEW XIANG Feasibility study on Guangzhou project's commercial viability is in the works By in Guangzhou, China KEPPEL Corp is in talks with a Chinese partner to build a "knowledge city" in the southern city of Guangzhou, and a feasibility study
      423 words
    • 315 10  -  LIEWAIQING By COMPANIES in the rubber industry have to adapt and quickly adjust to the new supply-demand dynamics, given the uncertain economic outlook, said S Iswaran, Senior Minister of State for Trade and Industry, yesterday. "The grim outlook is exacerbated by the
      315 words
    • 509 11  -  CHUANG PECK MING YESTERDAY IN PARLIAMENT Authority not lax over sale of high-risk investment products: Hng Kiang By THE Monetary Authority of Singapore's (MAS) move to tweak its regulations is not because it has been "lax" over the sale of high-risk investment
      509 words
    • 425 11  -  CHEN HUIFEN By THE term "compensation" in the proposed amendments to the Human Organ Transplant Act (Hota) has been replaced by words such as "defraying" and "reimbursing", to ensure that there are no grey areas with regard to Singapore's stance on organ trading. In
      425 words
    • 465 11  -  SAMUEL EE By PUBLIC transport fare adjustments are based on a formula pegged to changes in the Consumer Price Index and Wage Index not oil prices, Transport Minister Raymond Lim told Parliament yesterday. "Oil prices therefore affect public transport fares only indirectly through
      465 words
    • 280 11  -  CHUANG PECK MING By POLITICAL candidates will have more leeway to promote themselves and their parties on film after Parliament approved an amended law yesterday that eases an 11-year ban. Moving the Films (Amendment) Bill in Parliament, Senior Minister of State
      280 words
    • 227 11  -  LEE U-WEN By A NEW law passed by Parliament yesterday means that only licensed importers will be allowed to supply construction raw materials such as sand and granite to Singapore. The move comes after the Building and Construction Authority (BCA) Act was amended
      227 words
  • Page 10 Advertisements
    • 67 10 Suntec City Office Towers HBP The Business Capital of Asia Prestigious Business Address H Bt* 1/**/***** x ii"i^^sß Panoramic city, Fountain of Wealth and sea views Integrated ancillary business facilities Units from 900 sq ft to 17,000 sq ft available to meet diverse business needs Fitted out units available Ample
      67 words

  • Page 11 Advertisements
    • 2859 11 CHlNAnimal HEALTHCARE CHINA ANIMAL HEALTHCARE LTD. CHINA ANIMAL HEALTHCARE LTD. Incorporated in Bermuda on 10 August 2000 Company Registration No. ***** NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Ninth Annual General Meeting of the Company will be held at M Hotel Singapore, Anson 11, Level 2,
      2,859 words

  • Page 12 Advertisements

  • SMEInc
    • 942 13 Network Courier helps older staff cope by deliberately redesigning jobs and implementing new technology, reports TEH SHI NING THINK courier services, and speedy despatch riders on motorcycles come to mind. So Patrick Johnson Kandiah, 73, and Tong Yin Jin, 65, hardly seem to fit the
      JOHN HENG  -  942 words
    • 751 14 Furniture maker Lorenzo aims at strengthening its brand name and is confident of weathering the current downturn, reports BRITTANY KHOO AT A TIME when other companies are looking at cutting costs and reducing marketing expenses, furniture maker Lorenzo International is doing the reverse seeing
      YEN MENG JIIN  -  751 words
    • 400 14  -  CHEN HUIFEN By DISTRESSED small and me-dium-sized enterprises (SMEs) can now get a helping hand from the Institute of Management Consultants Singapore (IMCS), which is offering pro bono one-hour services during the economic downturn. Launching the programme yesterday, IMCS, a national body for
      400 words
    • 640 14  -  OH BOON PING By SINGAPORE food companies looking to expand overseas should seriously consider the franchising route. For it comes with less business risk a plus in the current economic climate and it enhances the brand value overseas, said Albert Kong, CEO of Asiawide Franchise
      640 words
    • 1070 15  -  TIM FREAR Instead of slugging it out alone or selling out to a giant, SMEs can cooperate and share resources By THE world must seem like a pretty lonely place to owners of small and medium enterprises (SMEs), looking at the devastation caused by
      1,070 words
    • 242 15 WHETHER you are a sole proprietorship, a partnership, a limited partnership or a private limited company, as long as you are an SME with a good business model, Emerging Enterprise 2009 wants you. A relatively new award on the corporate scene, Emerging Enterprise is a
      242 words
    • 982 16 Liv Chunlin CEO K&C Protective Technologies Pte Ltd THERE is less business travel and everyone multi-tasks so that we do not have to buy services to get the same projects done. There is ongoing vigilance over expenses like utilities, local transportation, photocopying,
      STOCK.XCHNG  -  982 words
  • Page 13 Advertisements
    • 340 13 Wimbledon Enjoy peace of mind for 2 years with our 7% rental guarantee* AN EXCELLENT opportunity to invest in affordable apartments in an up Ifcfe^^B and coming area of Wimbledon, through a Guaranteed Rental Scheme. Barratt Homes is taking the hassle and worry out of investment by gg^fl§^||p|pSA^> offering a
      340 words
    • 125 13 iU n '•^'"'gSr i^^H IV i BlfffFit--, a i jttm&iS Financial Facilitator Programme for SMEs An initiative by business associations supported by SPRING Singapore SMEs can approach any one of these EDCs and EBIS for business assistance: EDC@ASME EDC@SICCI EDC@SMCCI (Association for Small and Medium (Singapore Indian Chamber of (Singapore
      125 words
  • Page 13 Miscellaneous

  • Page 14 Advertisements
    • 204 14 FINANCIAL REPORTING PAYROLL PROCESSING mHT^g^^^*^ XBRL Filing Payroll Administration fc*~^ 4P^^ wL SWAT Accounting Leave Administration B||A%aS m Routine Accounting GST Training Administration B||mmH nj Reporting Staff Insurance Administration |M^MMRMp|Msn£V^li9liilViP9i|l 9^l CFO2SME™ Claims Processing I^Bffiffifril^^JJi!!!l^ Business Crisis Management Employment Pass Work Permit pu||j||^j|jj||^jj^^|yjm Application STAFFING SOLUTIONS IT OUTSOURCING MANAGED SERVICES
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  • Page 15 Advertisements
    • 97 15 the! -T¥_S-> m «—-___!--> f f ffjl^ THE RHCE *£t£MJg -^'-'jjj-gg1" XJ'l'." J^ -*MN SrfiditVtii lW Bflf-JUU fti-Off -J-ttMW Giwjw fSvh** *W> ,W-_™ir*_,«J IW™. UU^-sj Motor Racing is back with 17 races in 2009 S Who will Qualify in Pole Position? p Who will win the Australia Race? J S
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    • 206 15 f tot\etf ateATs corte ttocuM, Biisrtess us osfliii- 01) mc its osoflt "I r* PROMOTING EMPLOYEE WELLBEING ISN'T JUST BETTER BUSINESS SENSE. IT'S BETTER FOR BUSINESS. Before you look at the health of your company's bottom line, first check the health of your workforce. A healthy employee performs better. For
      206 words

  • Page 16 Advertisements
    • 2668 16 Wg*?^ kAT^^T'T^!T-'r< Toll free: 1800-289-8822 V IVI I 1 L V Email: notices@sph.com.sg _L^| V^>/ X. I V_|i I it I www.cats.com.sg EXCELPOINT TECHNOLOGY LTD. EXCeltlOint (Company Registration No. *****3280 C) UAI/t puilll. (incorporated In The Republic of Singapore with limited liability) NOTICE OF EIGHTH ANNUAL GENERAL MEETING NOTICE IS
      2,668 words
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      48 words
  • Page 16 Miscellaneous
    • 104 16 The topic for next week's SME Voices column is: The Singapore Chinese Chamber of Commerce Industry (SCCCI) has made helping its SMEs and local business members a top priority during the current downturn. And it intends to do so by upgrading management skills and catering to members' suggestions of dialogue
      104 words

  • ECONOMY WATCH
    • 528 17 ■AFP, Reuters Significant rise in mortgage refinance points to housing market stabilising [WASHINGTON] President Barack Obama has said there are "flickers of hope" for the recession-hit US economy as his administration readied a big-spending plan to clear toxic assets off banks' books. "Well,
      ■AFP, Reuters  -  528 words
    • 417 17 Reuters [TOKYO] Big Japanese manufacturers have grown increasingly bleak about business conditions in the last three months, suggesting a key central bank survey due next week could show the corporate mood is at its worst in about 34 years. A government business
      Reuters  -  417 words
    • 201 17 Reuters [SEOUL] South Korea's commercial banks are discussing the establishment of a privately run "bad bank" to expand the pool of buyers for their troubled assets, an official from the country's financial watchdog said yesterday. The possible new institution is expected to compete
      Reuters  -  201 words
    • 548 17 Bloomberg [PARIS] The news about global manufacturing is so bad, it might be good. As factory production collapses around the world, excess inventories that stand in the way of an eventual recovery are disappearing even faster. That may allow manufacturing to stabilise later this
      – Bloomberg; AFP  -  548 words
  • Page 17 Advertisements
    • 3 17 r v i
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    • 1435 17 V#fa Toll free: 1800-289-8822 I 11 r< Email:notices@s Phcom-s9 JL^I Vte>/ JL i V,y 1 www.cats.com.sg BROXY-PACIFIC HOLDINGS LIMITED Company Registration No. *****0135Z SSSKS™ (Incorporated in the Republic of Singapore) NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Roxy Room 1 &2,
      1,435 words

  • MALAYSIA/INDONESIA
    • 503 18  -  PAULINE NG Scheme rebranded to draw foreigners to set up businesses or joint-ventures By in Kuala Lumpur MALAYSIA plans to ramp up its second home programme to derive more economic spin-offs, noticeably in the area of investments and real estate, where nearly RMS billion (Ss2.l
      THE STAR  -  503 words
    • 407 18 Reuters [MAKASSAR] Indonesian Vice-President Jusuf Kalla said that his ruling Golkar Party could form an alliance with the main opposition party, but the presidential ambitions of party leaders were a potential obstacle. Leaders of political parties have embarked on a series of meetings
      – Reuters  -  407 words
  • Page 18 Advertisements
    • 3198 18 J_^l \±J A. _L^^> J-J l 3 Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg Cap/taLand CAPITALAND LIMITED Regn. No.: *****0036N (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at the STI Auditorium, 168
      3,198 words

  • GREATER CHINA/INDIA
    • 474 19 AFP Treasury bonds to remain main vehicle for Beijing's forex investments: official [BEIJING] Beijing will continue to make US Treasury bonds the main investment vehicle for its foreign exchange holdings, an official said yesterday amid fears over the safety of China's assets in
      AFP  -  474 words
    • 195 19 Reuters [MUMBAI] Sometimes breaking into laughter, the man accused of being the lone surviving gunman in last year's Mumbai attacks told an Indian court yesterday that he was from Pakistan and wanted legal assistance, officials said. In February, police formally charged Mohammed Ajmal Kasab with
      – Reuters  -  195 words
    • 323 19 Reuters [TAlPEl] UMC, the world's second-largest contract chip maker, has ended all unpaid staff leave, its chief financial officer said yesterday, in a sign that the chip sector could be recovering. UMC's announcement came days after a similar announcement by its larger
      Reuters  -  323 words
    • 253 19 Bloomberg [BEIJING] China and Indonesia agreed on a 100 billion yuan (5522.1 billion) currency swap to ease foreign-exchange shortages and aid bilateral trade, investment and economic growth, the People's Bank of China said. The three-year arrangement can be extended if both sides agree, the central
      Bloomberg  -  253 words
    • 311 19 -AFP [BEIJING] China hit out at trade protectionism yesterday, a day after stressing that its veto of Coca-Cola's bid for a local company does not mean that it is hostile to foreign investment. Vice-Finance Minister Li Yong called on the Group of 20
      -AFP  -  311 words
    • 670 19 AFP The world's cheapest car The Tata Nano is being marketed as the affordable car for millions of Indians Price: I Cost saving: US$l,9OO Single windshield wiper; Height: 1.6m (basic model) no air conditioning, radio, Length: 3.1 m TATA power steering Width:
      AFP  -  670 words
    • 738 19 -AP [MUMBAI] The Indian Premier League (IPL) will be held overseas this season because of security concerns since it coincides with the country's general elections. Some players and officials had expressed concerns about playing on the subcontinent after a terrorist attack
      -AP; AP  -  738 words

  • ASIA-PACIFIC/WORLD
    • 733 20 Bloomberg Aabar becomes the German firm's biggest shareholder with 1.95b euro deal [STUTTGART] Daimler will raise 1.95 billion euros (Ss4 billion) selling shares to Abu Dhabi's Aabar Investments as the global recession stunts car sales and cash flow dwindles. Aabar's stake will total 9.1
      Bloomberg; AFP  -  733 words
    • 219 20 Bloomberg [FRANKFURT] Swiss Defence Minister Ueli Maurer returned his chauffeur-driven Mercedes S-Class in protest as a war of words with neighbouring Germany escalated. Mr Maurer exchanged the Mercedes, manufactured by Germany's Daimler, for a Renault Espace minivan from the government's vehicle fleet, Defence
      Bloomberg  -  219 words
    • 424 20 Bloomberg [HONG KONG] The next "bull-market" rally has begun and there are bargains in every emerging market following a record slump in stocks, Templeton Asset Management's Mark Mobius said. The MSCI Emerging Markets Index has jumped 26 per cent since reaching a four-year
      Bloomberg; BLOOMBERG  -  424 words
    • 474 20 Reuters [BANGKOK] Thailand's economy may shrink by 3 per cent this year despite government stimulus measures to limit the impact of a global economic slowdown, Finance Minister Korn Chatikavanij said yesterday. "The contraction of 3 per cent this year has already taken into
      Reuters  -  474 words
    • 479 20 Bloomberg [TORONTO] Suncor Energy Inc, the world's se-cond-largest oil-sands producer, agreed to buy Pe-tro-Canada for about Csl7 billion (5520.8 billion) to diversify and gain assets in the North Sea, North Africa and Latin America. Owners of Petro-Canada will receive 1.28 shares of the merged
      Bloomberg  -  479 words
  • Page 20 Advertisements
    • 553 20 M************^ Lianhe Zaobao IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF MOLD-MASTERS SINGAPORE PTE LTD |IN MEMBERS' VOLUNTARY I^^^r^^W^T^^^r^^^^^^^^Tn LIQUIDATION) I \> 1 J I LIH ■UWjJlllJ''ll-ill'l CO. REG. NO. *****1255W t L^'l^'j L'j NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the
      553 words

  • WORLD
    • 714 21 Reuters [PAßlS] You could call it fashionalism. At a Vivienne Westwood show, buyer Amanda Ware lists new trends she has spotted in London: quirky hats, trendy scarves and British-made designer accessories featuring the Union Jack. Several fashion buyers visiting this month's Paris shows reported
      Reuters; PHOTOS: REUTERS  -  714 words
    • 724 21 AP, Bloomberg, AFP He says House move is unconstitutional, he would not 'govern out of anger' [WASHINGTON] President Barack Obama wagered significant political capital on Sunday, signalling opposition to a highly popular congressional drive to slap a punitive 90 per cent tax on
      AP, Bloomberg, AFP  -  724 words
    • 524 21 AP Move made to defuse outcry over the payouts [PARIS] Four top executives of Societe Generale have handed back 340,000 stock options that they had been awarded this year to defuse a political firestorm over the payouts, the French bank said on Sunday. The
      AP  -  524 words
    • 348 21 -AP [NEW YORK] Bond-holders of General Motors Corp (GM) warned the US government on Sunday that the struggling carmaker will likely be forced to file for bankruptcy if the debt restructuring proposal they have suggested or one like it is not accepted. In
      -AP  -  348 words
    • 268 21 Reuters [NEW YORK] Some of American International Group's biggest rivals have urged US Federal Reserve chairman Ben Bernanke to prevent the insurance giant from using the government rescue to win an advantage, particularly by cutting prices, The Wall Street Journal reported. In
      Reuters  -  268 words
  • Page 21 Advertisements

  • AVIATION
    • 365 22 -AP Pilot, co-pilot pulled from cockpit confirmed dead later in hospital [TOKYO] A FedEx cargo plane burst into flames after bouncing off a runway in unusually high winds at Tokyo's main international airport yesterday, killing the pilot and co-pilot and closing a major runway
      -AP; AP  -  365 words
    • 168 22 Bloomberg [SHANGHAI] Shanghai Airlines Co, the city's second-biggest carrier, won 10 billion yuan (552.2 billion) of credit lines from Bank of Communications Co and Agricultural Bank of China to help finance aircraft purchases. The funds will also increase liquidity, the carrier said in
      – Bloomberg  -  168 words
    • 2606 22 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), Al Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW; BG Bangladesh Airlines (BBC), Bl Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR EVA
      2,606 words
    • 306 22 AFP [LOS ANGELES] US federal investigators yesterday searched for possible causes of a crash of a small plane that went down in the northern state of Montana killing all 17 people on board, many of them children. "We think that it was
      AFP  -  306 words
    • 137 22 -AFP [MELBOURNE] Australian airline Qantas is planning to slash 100 senior executive jobs in response to the slump in global air travel, a report said yesterday. The move would also allow new chief executive Alan Joyce to stamp his authority on the country's largest
      -AFP  -  137 words
    • 181 22 Bernama [MELBOURNE] Harvey World Travel boss David Rivers is a lot more confident about the cre-dit-crunched tourism sector than he was two months ago. The emergence of ul-tra-low air fares and cheap holiday packages is restoring a faint heartbeat to Australia's travel industry, according to
      – Bernama  -  181 words
  • Page 22 Advertisements
    • 163 22 BT/ZUJI Deals of the Week DEAL OF THE WEEK ECONOMY CLASS (fr HOTEL (fr I BUSINESS CLASS PACKAGE (frs) (Flight 4 star hotel) PariS $1,347 Air france $98 6D4N $6,123 Air France DESTINATION ECONOMY CLASS HOTEL BUSINESS CLASS PACKAGE (frs) WEATHER (frs) (frs) (Flight+ 4 star hotel) Bangkok $300 (Thai
      163 words
  • Page 22 Miscellaneous
    • 368 22 CRYPTIC CROSSWORD ACROSS 1 Funds set aside for bridges in [~j Pi |i I [4 I RI H7 case of wait (3,5) I II H_HM_ 9 Sweet individual heard to cry I I 9 I /q n I —^J^-^-^^^J^^— 10 A volume that's reduced just I 11 Royal Mail employees
      368 words

  • SHIPPING
    • 322 23 Bloomberg Annual talks over iron-ore prices to stall demand for shipping: survey [LONDON] The Baltic Dry Index, a measure of world trade, will stagnate in the next three months after what is likely to be a record quarter as annual talks over
      – Bloomberg  -  322 words
    • 484 23 Bloomberg [BERLIN] German Transport Minister Wolfgang Tiefensee was due to lay the foundation stone for Europe's longest ship lift yesterday, the first step on a programme of economic stimulus spending that makes inland waterways the surprise winner. More than 1.8 billion euros (553.7
      – Bloomberg \; BLOOMBERG  -  484 words
    • 670 23 ■AP But they're foiled when the vessels take evasive action [TOKYO] Pirates fired roc-ket-propelled grenades and automatic weapons at Japanese, Greek and Hong Kong cargo ships off the coast of Somalia but fled after the ships took evasive manoeuvres, officials said
      ■AP; BLOOMBERG  -  670 words
    • 142 23 Reuters [ISMAILIA, Egypt] Egypt's Suez Canal revenues dipped 26 per cent to US$3Ol.B miUion last month, compared to U*****.7 million a year ago, and down from U*****.4 miUion in January, the Suez Canal Authority said yesterday. The sixth straight decline has brought revenues to their
      Reuters  -  142 words
    • TRANSPORT STOCKS
      • 106 23 '000 CH Offshore 0.26 Chuan Hup Hldgs 0.14 Cosco Corp 0.82 CWTLtd 0.33 Ezra Hldgs 0.65 First Ship Lease 0.38 Freight Links 0.04 Grand Banks unch laya Hold Ltd 0.24 KiVentures 0.13 KeppelCorp 4.90 MTQ Corp unch NOL 1.01 Pacific Shipping 0.16 Pan-United Corp 0.41 Rickmers Mari 0.36 Samudera
        106 words
      • 36 23 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd PDZ Holdings 0.59 8.35 8.40 2.95 2.79 unch 0.07 0.07 0.20 unch 0.02 0.01 unch unch 50 600 557 1253 11 0 50
        36 words
      • 7 23 '00 'recious Ship .10.50 0.40 693!
        7 words
      • 6 23 '000 toil .19.40 1.60 1061
        6 words
      • 20 23 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 5.40 10.50 unch unch unch 0.25 unch unch 2. 359!
        20 words
      • 17 23 Evergreen Marine ....14.50 :irst Steamship 39.70 /Van Hai Lines 15.05 0.10 1.55 0.20 11 8 3
        17 words
      • 37 23 '000 :awasaki Hvy Ind ..197.00 11.00 ***** :awasaki Kisen 322.00 18.00 9009 /litsubishi Hvy 317.00 13.00 ***** /litsui Eng&Sbldg...168.00 7.00 7555 /litsui Osk Lines 520.00 33.00 ***** Jippon Express 320.00 18.00 2951 lipponYusen 402.00 23.00 *****
        37 words
    • 234 23 Bloomberg [BEIJING] China State Shipbuilding Co and Guangzhou Shipyard International Co gained by the daily limit in Shanghai trading on a report the government will introduce more measures to support state-owned yards. China State Shipbuilding, the listed unit of the country's largest builder,
      Bloomberg  -  234 words
  • Page 23 Advertisements
    • 36 23 I Find your way to great value! in in When it comes to quality accommodation at remarkable value, look no further than Value Hotel! —J per night k EBBS BH@ iiM^fcyjuimy.^...» M H^^,r»jmiiLiJj.^iiiiiiii. l .n.» m^....
      36 words

  • EDITORIAL & OPINION
    • 473 24 THIS will be a momentous week for the dominant partner in Malaysia's ruling coalition, the United Malays National Organisation (Umno), which holds its annual assembly and triennial elections beginning today. This week will also witness a change of leadership as Abdullah Ahmad Badawi steps down as
      473 words
    • 853 24  -  ROBERT SAMUELSON The Washington Post Writers Group It has flourished despite various legislative curbs and remains enormously adaptable AN capitalism survive? No. I do not think it can," said Joseph S chump eter, one of the 20th century's eminent economists, back in 1942. The story of
      – The Washington Post Writers Group; REUTERS  -  853 words
    • 810 24  -  PAUL KRUGMAN NYT THE BOTTOM LINE OVER the weekend The Times and other newspapers reported leaked details about the Obama administration's bank rescue plan, which is to be officially released this week. If the reports are correct, Tim Geithner, the Treasury secretary, has
      NYT  -  810 words
    • 1372 25  -  S. NARAYAN Businesses are not stressed and there is growth in manufacturing By AS RECENTLY as mid-January 2009, the media and analysts in India were sounding confident about an early recovery in the Indian economy. Government spokesmen were hopeful of an overall gross domestic
      AFP  -  1,372 words
    • 467 25 LETTERS TO THE EDITOR WE refer to the report, "SGX flags hot spots for company boards" (BT, March 20), by Chew Xiang. ACCA supports the efforts by the regulatory authorities to improve engagement policies and encourage enhanced disclosure from companies listed on the Singapore
      467 words
    • 284 25 THE Singapore Exchange has issued a timely reminder for boards to step up checks on their companies' cash holdings, accounts receivables and off-balance sheet items. As a shareholder of listed companies, I would like to suggest some in-depth measures which
      284 words
    • 306 25 I REFER to the commentary, "Warning sounded but no one heeded" (BT, March 20), by Vikram Khanna. If there is just one reason for the media malaise in uncovering the biggest story of recent times, it has to do with the scant regard newsrooms have
      306 words


  • SINGAPORE STOCKS
    • 8548 26 Transaction date: Mar 23 High Low Code Company Sale COOP) High Low Buyer Seller C'vr P/E $mil 9 3 3148 8Telecom 11 2.5 5834 A-Sonic 30.5 12 5000 ABR Hldgs 18 6 1938 AEI Corp 9.5 1 1100 AEM 25 7 2101 APOil 80.5 26.5 5550 ARA 8.5
      8,548 words
    • 1621 27 High Low Code Company Sale ('000) High Low Buyer Seller C'vr P/E $mil 20 5 1181 s AAGrp 32 13 8538 t APStrategic 4 0.5 1501 s Advanced System 14 2 3480 t Adventus 29.5 10.5 3518 s Afor 19 2 1524 s Alantac 20 3.5 7814 s
      1,621 words
    • 338 27 _Hm Low Code Conn Sale fooo) _Hm Low Seller C'vr P/E Slllil 110 100 6389 ABFSG Bond ETF 108 unch 982 427 CIMBAsean40 100US$ US463 +7 167 149 DBS STI ETF 100 166 +6 1994 1682 DBXT FTChina25 10US$ US1990 +100 1008 850 DBXTMSTaiwan 10US$ US1008 +52 5668
      338 words
    • 245 27 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non-Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer
      245 words
    • 9321 27 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced FundlS 1.438/ AIGIF Spore Bond Fund/ A 1.196/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 0.66/ APS Alpha Fund (USD)!** 0.44/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.5106/ APS Komaba
      9,321 words
  • Page 26 Advertisements
    • 24 26 /llL^MAKarlljl^l Ij^^W Xli THE BIRTH OF A GREAT DATE Le maitre de Vhorlogerie depuis 1875 I jip-^^SBS^I For enquiries, Tel (65) 6238 6678 www.audemarspiguet.com
      24 words


  • FINANCE & COMMODITIES
    • 374 28 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Mar 20 World Index Preliminary 594.2 -0.2 -12.3 -0.3 -9.0 -0.9 -13.! t EAFE Preliminai 568.5 0.1 -12.4 -0.7 -10.4 -1.3 -14.1 Euro[ Prelim inan 786.1 0.3 -13.8 -0.3 -11.0 -0.9 -15..
      374 words
    • 60 28 Mar 23 Delivery Month Opening Range Sett Av Price Price Hi Vol Open Done Position Low AprO9 2114 2120 2131 2102 403 2859 May 09 2040 2084 2101 2040 3196 ***** JunO9 2010 2030 2051 2002 9269 ***** Jul 09 1968 1980 2009 1963 1939 ***** Total o/p:
      60 words
    • 22 28 Mar 23 STI SIMSCI Mar 194.0 201.1 200.4 Taiwan Mar 188.7 192.6 192.6 Source: MF Global (S) He. Ltd
      22 words
    • 19 28 Mar 23 1-month 1.5072 1.5083 2-months 1.5070 1.5082 3-months 1.5066 1.5079 6-months 1.5064 1.5078 Source: OCBC
      19 words
    • 77 28 Mar 23 (US$) (SS) 0.***** 0.***** 6mths 1.***** 9 mths 1.***** 12mths 1.***** 1 mth 2 mths 0.***** 0.***** 3 mths 1.***** 0.***** 6 mths 9 mths 12 mths 1.***** 1.***** 2.***** 0.***** 0.***** 0.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 1.***** 3yrs 1.***** 4yrs 2.***** 5yrs
      77 words
    • 300 28 Mar 23 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES JunO9 SepO9 DecO9 Mar10 98.7950 98.7950 98.6300 98.5700 7146 3319 4137 2558 EUROYEN TIBOR FUTURES JunO9 99.420 99.420 SepO9 DecO9 99.460 99.460 Mar10 99.455 99.455 Jun10 99.420 99.420 Sep10 Dec10 Mar11 99.420 99.460 99.455 99.420 99.420 99.460
      300 words
    • 180 28 Mar 23 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Month High Low Close Sett Volume (lots) O/l (lots) Apr 09 148.0 May 09 148.0 JunO9 Jul 09 148.0 Aug 09 Sep 09 147.0 148.0 148.0 147.5 148.0 148.0 148.0 147.5 147.0 180 20 20 807 730 831
      180 words
    • 89 28 Mar 23 Period Issue code Maturity Yesterday's Bid Day's [h Low Hii 3-Month BQ*****H 25.06.09 1-Year BY*****V 02.11.09 0.34 0.45 0.26 0.26 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year N*****0E 3.125 5-Year NX*****Z 2.250 7-Year N*****0S 2.875 10-Year NY*****A 4.000 15-Year
      89 words
    • 129 28 A s 9am Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.0360 1.0670 Can dollar 1.2140 1.2290 Euro 2.0490 2.0730 NZ dollar 0.8410 0.8600 Sterlini ind 2.1770 2.2031 US dollar 1.5050 1.5220 Local dollars to 100 units of foreign currency: Currencies
      129 words
    • 173 28 Mar 23 fer Bil Overnight 1-month 2-months 3-months Overnight mode: 3/8 US$ 1/16 7/16 9/16 11/16 Offer PAR 3/16 5/16 7/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 0.50 0.65 1.20 1.50 2.00 2.20 2.30 Offer 0.40 0.55 0.90
      173 words
    • 464 28 M ar 23 AS CS Rmb Euro HKS IndRsRi Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound us: Australia 0.862 4.782 0.510 5.424 35.307 81.078 0.671 9.743 2.547 1.234 56.303 33.666 1.055 6.617 0.784 23.640 24.642 0.479 0.700 Canada 1.160 5.549 0.592
      464 words
    • 162 28 Ma r 23 GOLD (USS/oz) Mar 23 Mar 20 Hong Kong London CAST BAR (S$) 949.10 956.50 950.10 957.50 Mar 20 Mar 19 952.95 953.80 954.45 955.80 Source: Thomson Reuters R Mar 23 Selling Buying GOLD BULLION COINS 6$) Selling Buying 1 oz 1611.42 1458 UBS GOLD LUNAR
      162 words
    • 154 28 M ar 23 Currencies Bid Offer Bid Offer S$fUS$ to one unit of foreign currency: Australian dollar 1.0547 1.0558 0.6997 0.7000 Canadian dollar 1.2241 1.2251 0.8121 0.8122 Euro 2.0665 2.0685 1.3710 1.3714 NZ dollar 0.8546 0.8557 0.5670 0.5673 Sterling 2.2019 2.2039 1.4608 1.461 US dollar 1.5073 1.5083
      154 words
    • 70 28 Mar 20 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 1423.25 1426.75 3 months 1459.00 1463.00 Copper, Grade A (US$/tonne) Cash 3 months 3919.00 3955.00 3963.00 3999.00 Lead (US$/tonne) Cash 1335.25 3 months 1345.00 1316.25 1325.00 Nickel (US$/tonne) Cash 3 months 9893.00 9922.00 9975.00 *****.00 Tin (US$/tonne) Cash 3
      70 words
    • 70 28 Mar 20 (£/tonne) Close Prev Hii ih/Low May 09 1921 1921 1929/1903 Jul 09 1877 1874 1884/1861 SepO9 1855 1851 1862/1839 Dec 09 1825 1818 1827/1813 COFFEE (US$/tonne) Close Pev High/Low Mar 09 1535 1550 1552/1546 May 09 1560 1565 1590/1553 SUGAR (US tonne) White Close Prev High/Low May
      70 words
    • 100 28 Mar 20 SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low May 09 952.00 940.50 953.00 935.25 Jul 09 949.00 940.00 950.00 934.75 AugO9 932.50 927.25 932.00 923.00 SepO9 905.50 902.75 905.50 897.50 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low May 09 32.25 31.89 32.49 31.83 Jul
      100 words
    • 76 28 CRUDE OIL PRODUCTS MarlO CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 50.92 1.23 WTI (Near Mth) 51.28 0.15 Dubai (1-Mth F) 48.15 0.51 Tapis blend 52.05 0.60 Minas 51.05 0.60 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 47.22 57.80 0.72 3.90 US$/barrel Opec Oil Basket
      76 words
    • 2299 28 BONDS, WARRANTS EXTENDED SETTELMENT Fel Zode Company Fel lode Company 5058 Advance Modules GrpW*****3 5036 Advance SCT Ltd W*****9 3092 Asia Environment W*****4 1481 #Asia Water Tech Ltd W*****0.... 3816 Asiasons Capital Ltd W*****7.... 3756 Asiatic Grp (H) LtdW*****2 1105 #Asiatravel W*****7 Auston Intl W*****3 5878 Aztech Systems W*****6 1912
      2,299 words
  • Page 28 Advertisements
    • 260 28 l^P V Let GFT introduce you to the world of spot forex. Your place or ours, we're here to show you the benefits of this exciting market. Visit US at OUT Off ice for a FREE Seminar: H Introduction to Spot Forex 7 April (18:30 p.m.) AWARD-WINNING PERSONALISED FINANCIAL STRENGTH
      260 words

  • Page 29 Advertisements
    • 2670 29 Shipping Times ■^U^^^B^^^^HH^HHlH Direct Calling to TWTPE UK CONTINENT SERVICE U.S.A SERVICE ghWUkWU CtttllVflfllll Destination Destination VIIVI V uIIIEUI D3V STXPOTBN RTM/ANR/TIL STXPO TBN NOL/NFK/SAV/CDN Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia idlllwlli I lIV UA Oil I™ O UdjJW Ull Ijjß MIDDLE-EAST SERVICE F.E./S.E.A SERVICE Destination Destination
      2,670 words

  • Page 30 Advertisements
    • 5240 30 F^^^^^^^^^^^^^^^^^H n E EASTERN CAR LINER, LTD I^^BJSPSPJ BjSjSlm Uf—-_— i I SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS BJjg| gjjjjjjj^jj|y|j|jj|jj HUSliUlttlH M VOY I RoinKKT) I Lillinq(KT) I SIN I PKL I KUC I LCB I JKT I SUR I PCL/PHL SERVICE AAAX SERVICE CnnecHng ECL Svcvig MALTA
      5,240 words

  • PROPERTY
    • 597 31 Reuters Commercial prices down 4.7% while residential land lost 3.2% last year [TOKYO] Japanese land prices fell for the first time in three years in 2008, a government survey showed yesterday, highlighting the impact on the real estate market of the
      – Reuters  -  597 words
    • 820 31 Reuters [CHICAGO] There is a gaping hole where one of the world's tallest buildings is supposed to go up. The planned 150-storey Chicago Spire would be 610 metres if it gets built atop its completed foundation, ranking the tower the tallest in the western
      – Reuters; REUTERS  -  820 words
    • 238 32 It aims to expand market share among Singaporeans MALAYSIAN developer SP Setia has set up an office here to boost sales of its properties in Malaysia to Singaporeans. "As neighbouring countries with close links, Malaysia and Singapore have always enjoyed a good
      238 words
    • 525 32  -  UMA SHANKARI The incentive, on top of tax rebate, to be offered from July mall opening till Oct By [SINGAPORE] Tenants at upcoming Orchard Road mall lon Orchard will get rebates of up to 30 per cent of base rentals on top of
      525 words
    • 1137 32 Bloomberg [SAN FRANCISCO] US banks, battered by record losses from the worst housing slump since the Great Depression, now must weather increasing loan delinquencies from owners of skyscrapers and shopping malls. The country's 10 biggest banks have U*****.6 billion in commercial mortgages, which face
      Bloomberg; AP  -  1,137 words
  • Page 31 Advertisements
    • 80 31 FREEHOLD SITE FOR SALE \^.sprin a daie Address: nlTpk 217 Upper BukitTimah Road sutjp^T^-^^^ site Area: Approx 15,223 sf l V^^^S^^ z/' Redevelopment Potential: *!hra"c*\\// Commercial development /I/. Beaut. -/is. (Gross Plot Ratio: 1.4) p Beauty N«J\ Ideal for shops/offices/showrooms w\ **/^y /v v e 9u' ar layout with good
      80 words
    • 876 31 EXCELIfNTINVESTMENT CIVTA"RT! nyestlT)-entfn r- IWWfWWI GOOD PROPERTY FOR SALE CxLvl/UVI. International Property Expo lifdi^ilUJ Whole Sinnanorp local overseas property stocks funds alternative investment •SoffaßLtashp/ 28 -29 MARCH 2009 10am 7pm TWO DAYS ONLY! Food Court/Snophouse Hall 401, SUNTEC Singapore International Convention Exhibition Centre Prominent/Main Rd/ Corner ■VJPWPi^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^H^^^^^^^^^V High Human Traffic
      876 words

  • Page 32 Advertisements
    • 89 32 ZAP HERE for the latest property updates! To Zap*: 1. Install the Color Cam™ software in your mobile phone by a. typing the word "Zap" sms ***** (Post-paid subscribers) or 9741 9401 (Pre-paid subscribers) b. typing "zapcode.sg" in the web browser of your handset 2. Trigger the Color Cam™ software
      89 words