The Business Times, 7 April 2009

Lock icon This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.

Microfilm: NL29988
Total Pages: 40
1 40 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    23 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg S|__l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 197/08/2008 Tuesday, April 7,2009
    23 words
  • Article
    Lock icon European business steers steady S'pore course
    960 1  -  CHEN HUIFEN TEH SHI NING MNCs not too worried about impact on Singapore investments from the many uncertainties in Europe By and [SINGAPORE] Despite a deepening recession in Europe and layoffs by British and Dutch multinational firms here, European businesses in Singapore are sanguine
    960 words
  • Article
    Lock icon Battle lines drawn in US over short-selling
    480 1 ■NYT New rules due this week as opponents lobby for influence [WASHINGTON] Responding to the slump in markets, US regulators for the second time in less than a week are preparing to take steps that could have the effect of temporarily shoring up
    ■NYT  -  480 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      44 1 lorn lay lange I COMP 923.77 +16.76 IIKKEI 225 8,857.93 +108.09 IANG SENG 14,998.04 +452.35 ;et index Closed JAKARTA COMP 1,516.64 +16.28 IANILACOMP Closed ;eoulcomp 1,297.85 +14.10 ;henzhen B Closed IUMBAI IND 10,534.87 +186.04 12 noon EDT Cham )OW 7,889.28 -128.31 IAS DAI
      44 words
    • Article
      Lock icon PRIME RATES
      29 1 Bloomberg SINGAPORE 5.38 MALAYSIA 5.53 HONG KONG 5.00 INDONESIA 16.446 TAIWAN 4.826 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 2.50 SWITZERLAND 0.53 INDIA 12.25 Source:
      Bloomberg  -  29 words
    • Article
      Lock icon FOREX
      45 1 IS$ (S$ per US$) 1.501 (US$/S$ per 1.490 2.236 IURO (US$/S$/E) 1.353 2.030 Foreign currency per US$ S$ 'EN 101.20 67.40 3.554 2.368 IK$ 7.751 5.165 !AHT 35.25 23.49 lUPIAH 11,345 7,561 lENMINBI 6.835 4.555 INDIAN RUPEE 50.02 33.33 1.396 0.930 IZ$ 1.688 1.125
      45 words
  • Page 1 Advertisements
    • Advertisement
      Lock icon Page 1 Advertisements Column 1
      3 1 8 *****1 *****4
      3 words
    • Advertisement
      Lock icon Page 1 Advertisements Column 2
      135 1 IIY i V: The Patravi Chronograde in stainless steel featuring chronograph, flyback function, big date, annual calendar, power reserve indication and a retrograde hours totalisator is a perfect (^ART P RTT-^HFRFR example of Carl F. Bucherer's unique philosophy. As an independent family business in \-_r_.iV__i J. l_»\j\_/injjl\.J_il\. Lucerne since 1919,
      135 words
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      46 1 STRATEGIC iff! COMMENTARY ANALYSIS fzJk TAKEOVER OFFER LEADERSHIP Soaked Sepang New US brand name, lm I IBM calls off bid for Expectations of good '{WBbbXX h"**- sorts the stars new policies? HK Sun Microsystems service vary page 7 mhhSl page 23 PAGE3I I liltf page 23
      46 words
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 2
      10 1 1 This is no ordinary hanger SME INC PAGE 14
      10 words
Page thumbnail Page 2
  • TOP STORIES
    • Article, Illustration
      Lock icon MAS may soften stance given weaker economy
      825 2  -  LARRY WEE The central bank is due to release its policy review in the coming 2 weeks By [SINGAPORE] In response to what could turn out to be the worst ever year in Singapore's economic history, the Monetary Authority of Singapore is expected
      A. I AP  -  825 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon European business steers steady course in S'pore
        71 2 DESPITE a deepening recession in Europe and lay-offs by British and Dutch multinational firms here, European businesses in Singapore are sanguine about their investments. A check with the British, Dutch and German chambers of commerce indicates that while their members are keeping a
        71 words
      • Article
        Lock icon Battle lines drawn in US over short-selling
        70 2 RESPONDING to the slump in markets, US regulators for the second time in less than a week are preparing to take steps that could have the effect of temporarily shoring up stock prices. Tomorrow, the Securities and Exchange Commission plans to announce proposals
        70 words
      • Article
        Lock icon MAS may soften stance with weaker economy
        59 2 IN response to what could turn out to be the worst ever year in Singapore's economic history, the Monetary Authority of Singapore is expected to soften its trade-weighted Singapore dollar stance this month. The MAS is expected to release its semi-annual monetary policy
        59 words
      • Article
        Lock icon Japan to ratchet up financial stimulus by 10 trillion yen
        51 2 JAPAN will unveil a 10 trillion yen (*****.52 billion) fiscal stimulus on Friday, Finance Minister Kaoru Yosano said yesterday. The new money will lift Japan's spending on countering the downturn to about 4 per cent of GDP. TOP STORIES, PAGE
        51 words
      • Article
        Lock icon M&A deals in S'pore shrink 93% in Q1
        61 2 INVESTMENT banking activity in Singapore has shrunk and bankers' pay packets along with it. According to data from Thomson Reuters, the value of announced merger and acquisition deals here was US$2.7 billion in the first quarter of 2009 a 93 per cent
        61 words
      • Article
        Lock icon SPC to embark on full-scale natural gas venture in Q4
        75 2 SINGAPORE Petroleum Company is set to embark on its first full-scale natural gas venture in the fourth quarter of this year when it commercialises gas production selling it to an Indonesian power station from its Kakap field there. SPC said
        75 words
      • Article
        Lock icon SembMarine wins US$247m rig contract
        77 2 SEMBCORP Marine has won a hefty US$247 million ultra-deepwater rig contract from Sea Dragon Offshore unit Gander Drilling, with an option to build a second unit. SembMarine's Jurong Shipyard subsidiary will outfit, furnish, equip, test and complete a six-column bare-deck hull that was built in
        77 words
      • Article
        Lock icon Volumes plunge 30% in Q1 for S'pore oil traders
        73 2 OIL traders here suffered a rough first quarter as physical and paper business plunged as much as 30 per cent from Ql last year. And things are likely to stay that way until there are clear signs of an economic recovery.
        73 words
    • Article
      Lock icon US banking system basically insolvent, says Soros
      348 2 Reuters [NEW YORK] The US economy is in for "a lasting slowdown" and won't recover this year, while "the banking system as a whole is basically insolvent," billionaire investor George Soros told Reuters Financial Television yesterday. While nationalisation of banks is "out of
      Reuters  -  348 words
    • Article, Illustration
      Lock icon Japan to ratchet up financial stimulus by 10 trillion yen
      607 3  -  ANTHONY ROWLEY But its measures to stem shrinking economy still lag those in US, China By in Tokyo JAPAN will unveil a 10 trillion yen (*****.52 billion) fiscal stimulus on Friday, Finance Minister Kaoru Yosano said yesterday. The new money
      _J AP  -  607 words
    • Article
      Lock icon Axe falls hard on UK bank bonuses
      423 3 Bloomberg [LONDON] Banker bonuses in London plunged 62 per cent in 2008, the most of any major financial centre, partly because pay was determined later than in the US, according to a survey by recruiter Napier Scott Search Group. The survey, based on
      – Bloomberg  -  423 words
  • Page 2 Advertisements
    • Advertisement
      Lock icon Page 2 Advertisements Column 1
      575 2 Bank Risk Management Dates and Time Banks routinely face various kinds of financial and non-financial risks in the pursuit of 1a- 1 s M 9(inQ a measured chance of increased reward. These risks are highly interdependent. Events that affect one area of risk can have ramifications on a range of
      575 words
    • Advertisement
      Lock icon Page 2 Advertisements Column 2
      169 2 A S£fe With Singapore Pools t4t ANTI-AGEING ft. i As East Meets West vj Ageing is a process we cannot avoid. However, with new developments in gM both TCM and Western medicine, we are now able to fight the damaging effects of ageing and the onset of 4__i disease with
      169 words
    • Advertisement
      Lock icon Page 2 Advertisements Column 3
      27 2 fc-Jft-L ~"^_________k_ BIRD'S EYE VIEW OF TENDER JOBS Check out the most comprehensive collection of tender notices in CATS Notices in The Straits Times. NOTICES 1 v
      27 words
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      417 3 tniAlf IJ int^ir^^t Ifflt^ Relationships can be truly rewarding.With our new SIBOR-pegged relationship lending package*,you can \A/itn your HSBC Horns odn now cn 'oy more benefits when y°u embark °n long-term banking relationship with HSBC. i With this package, you will enjoy discount on your oM\\ vki interest rate spread
      417 words
Page thumbnail Page 4
  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Bullish signals as rally continues
      609 4  -  YEN SREENIVASAN STOCKS But the real test of sustainability will come in about two weeks, when Ql results on Wall Street start flowing in ASIAN markets continued a rally which started some four weeks ago amid increasing optimism that the worst may be over for
      Bloomberg  -  609 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      89 4 Up Down Unch Up Down Unch Up Down Unch lulti Ind 13 2 3 0 0 0 13 2 3 lanufacturing 79 30 45 20 83 33 65 Commerce 32 22 36 27 'pt/Stor/Comms 24 25 :inance 16 16 Construction 13 13 'roperties 29 29 lotels/Rsts 10
      89 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      114 4 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 30.427 30.427 86.072 86.072 lanufacturing 569.913 23.730 593.643 242.602 718 243.320 lommerce 73.887 30.279 104.166 62.359 4.074 66.432 "pt/Stor/Comms 195.336 413 195.749 266.211 29 266.240 :i nance 51.456 40 51.496 330.334 330.336 lonstruction 72.486 4.000 76.486 6.132 58 6.190
      114 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      105 4 lapitaLand 2.810 +0.110 lapitaMall 1.310 -0.050 jtyDev 6.180 +0.200 lomfortDelGrc 1.340 +0.020 losco Corp 1.000 +0.090 IBS Grp 9.180 +0.160 :&N 2.640 +0.040 ient Intl 0.575 +0.010 iolden Agri 0.310 +0.025 IK Land 2.520 +0.110 IMH 20.160 -0.340 ISH 11.480 -0.100 lardineC&C 13.200 +0.360 Ceppel Corp
      105 words
    • Article
      Lock icon BROKERS' TAKE
      253 4  -  JOYCE HOOI Telecommunications Sector DBS GROUP RESEARCH, April 6 AS we had predicted previously, the IDA awarded the National Broadband Network (NBN) Operating Company (OpCo) contract to Star Hub, which will establish an operationally separate entity called Nucleus Connect, to design, build and operate the active infrastructure of
      253 words
    • Article, Illustration
      Lock icon Factor time decay into trading strategies
      261 4  -  KEN TAI CHART POINT LOOKING at the past three bear rallies (two in 2008 and one in 2007), the Dow Jones Industrial Index (DJIA) succumbed to weakness within one month when stochastics exhibited bearish divergence. If history repeats itself in this cycle, then the
      Bloomberg  -  261 words
    • Article, Illustration
      Lock icon Yen hammered to fresh 2009 lows
      537 4  -  LARRY WEE CURRENCIES STUBBORN Wall Street strength in the wake of yet another horrible US jobs number last Friday called the shots for this week's trading yesterday, pressing the US dollar lower and the Japanese yen even more so. In Asian trading yesterday, the
      r : Reuters  -  537 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 4 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      54 4 CLOSE IT OB/OS 651.00 -49.C IT CADI -*****.00+198. IT 10-day MA -*****.00+65.01 TSE ST Mid Cap 368.19+13.2 TSE ST Small Cap 280.77 +9.6. TSE ST All Share 438.99 +8.0 TSE ST China Top 169.54 +7.9' TSE ST China 163.89 +7.9. OB Catalist 70.00 +0.3 IMSCI 222.84 +3.81
      54 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      61 4 VOLUME Golden Agri 191,490,000 China Honqxinq 108,425,000 Straits Asia 55,292,000 Cosco Corp 55,119,000 Capita Land 42,610,000 Gent Intl 39,950,000 Sing Tel 36,712,000 UniFiber 36,500,000 AusGroup 33,646,000 Chart SemiCond 32,836,000 VALUE(S) Capita Land 119,648,170 UOB 97,225,108 Sing Tel 90,601,866 DBS Grp 83,550,880 SGX 79,874,730 OCBC Bk 64,312,830 Golden
      61 words
    • Article
      Lock icon RISES
      108 4 iBXT FTChina25 10US$ CLOSE UP 2190 213.0 6.9 1TXPO 100 1204 112.0 10. China H 10US$ 1153 58.5 3. :50 10US$ 269 52.5 15.' lardine C&C 1320 36.0 2. I A 1100 36.0 3.. ICBCO 5.1%NCPS 100 8850 30.0 0. ilA 200 1100 28.0 2.' i PC 319 26.0
      108 words
    • Article
      Lock icon FALLS
      112 4 CLOSE DOWN 8702-357.0 -2.7 LP 10US DBXT S&P Short 10US! 7572-204.0 -1.8 IMH 2016 -51.0 -1.7 JCBC Bk5.1%NCPS 100 9320 -30.0 -0.3 UOB 5.05%NCPS 100 9250 -30.0 -0.3 ;TI1400BNPePW*****9 -23.0 -76.7 ISH 1148 -15.0 -0.9 Kei Con .ES.0904 575 -15.0 -2.5 IC Global W*****0 1 -11.0 -91.7 DBSMERePW*****1 14
      112 words
    • Article
      Lock icon CURRENCIES
      83 4 Where S! stands Apr 6 %CHNG CLOSE FRApr3 YR2009 S$ LOW S$ HIGH uss 1.5008 0.25 1.5579 1.4308 Euro 2.0298 -0.42 2.0732 1.9150 Pounds 2.2387 -0.85 1.2712 2.0356 1.0767 -0.27 1.0832 0.9453 'en* 1.4826 1.69 1.7278 1.4831® Rupiah* 0.***** -1.37 0.***** 0.***** Baht* 4.2576 -0.09 4.3390 4.1040 Peso* 3.1417
      83 words
  • Page 4 Advertisements
    • Advertisement
      Lock icon Page 4 Advertisements Column 1
      101 4 :*VIUm_P -<%*"-. "Mil s* MMmWAWM mmm^mM 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. CFDs are leveraged products and have the potential for both significant gains as well as
      101 words
Page thumbnail Page 5
  • COMPANY NEWS
    • Article
      Lock icon M&A deals in S'pore shrink 93% in Q1
      401 5  -  EMILYN YAP Investment banking fees down 82% to USs4l.4m: Thomson Reuters By I INVESTMENT banking activity in Singapore has shrunk and bankers' pay packets along with it. According to data from Thomson Reuters, the value of announced merger and acquisition (M&A) deals
      401 words
    • Article
      Lock icon What the OpCo win really means for StarHub
      788 5  -  WINSTON CHAI HOCK LOCK SIEW IT WAS a case of drinking on the job with champagne flowing freely at Star Hub Centre all afternoon as staff celebrated their OpCo (Operating Company) triumph last Friday. Some market analysts also expect investors to add
      788 words
    • Article
      Lock icon Memory Devices' woes mount
      355 5  -  CHEW XIANG By TWO more directors have quit troubled tech firm Memory Devices. Leow Poh Chin, the last remaining independent director, yesterday cited a lack of timely information from management as the reason for leaving, while executive director Hung Chin Ong left "to pursue other opportunities".
      355 words
    • Article
      Lock icon EnGro to invest 32m yuan in Hebei cement plant
      298 6  -  OH BOON PING By( ENGRO Corporation is pumping 32 million yuan (Ss7.l million) into a joint venture to build a cement plant in Hebei. The company said yesterday that its investment will translate into a 40 per cent stake, while partner
      298 words
    • Article
      Lock icon SPC to embark on full-scale natural gas venture in Q4
      451 6  -  RONNIE LIM It will commercialise gas production by selling to Indonesian power station SINGAPORE Petroleum Company is set to embark on its first full-scale natural gas venture in the fourth quarter of this year when it commercialises gas production selling
      451 words
    • Article
      Lock icon SembMarine wins US$247m rig contract
      297 6  -  VINCENT WEE By SEMBCORP Marine has won a hefty US$247 million ul-tra-deepwater rig contract from Sea Dragon Offshore unit Gander Drilling, with an option to build a second unit. SembMarine's Jurong Shipyard subsidiary will outfit, furnish, equip, test and complete a six-column bare-deck hull that
      297 words
    • COMPANY BRIEFS
      • Article
        Lock icon First Reit secures $70m loan facility
        53 6 FIRST Real Estate Investment Trust (First Reit) has secured a three-year $70 million multi-currency transferable loan facility from OCBC Bank. The main aim is to refinance the Reit's outstanding bank loans of $50.8 million. The balance will fund the redevelopment of Adam Road Hospital
        53 words
      • Article
        Lock icon SingTel takes up 3.2m SingTel Global shares
        68 6 SINGTEL has subscribed for about 3.2 million shares in Sing Tel Global (India) Private Limited at 14 rupees per share. It said yesterday that its stake, held through Sing Tel Australia Holding Pte Ltd, remains at about 74 per cent following the subscription.
        68 words
      • Article
        Lock icon Fabchem China's Q4 profits to be lower
        72 6 FABCHEM China said yesterday that profits for its fourth quarter ended March 31 are likely to be "significantly lower" compared to the previous year. The company blamed the fall in global mining activity as well as poor selling prices for ammonium nitrate due
        72 words
      • Article
        Lock icon No audit opinion on China Fashion
        71 6 AUDITORS could not form an audit opinion on China Fashion's financial statements, the company said yesterday. Moore Stephens LLP, in its independent auditors report, said that it was unable to ascertain the recoverability of 20.1 million yuan (554.4 million) in receivables, as well as
        71 words
      • Article
        Lock icon OSIM chief Ron Sim now holds 59.4% stake
        49 6 OSIM International yesterday said that founder and chief executive officer Ron Sim now holds 59.4 per cent of the company, after buying 2.7 million shares yesterday on the open market. The shares were bought at nine cents each, regulatory filings show.
        49 words
    • Article
      Lock icon A-Sonic in breach of credit facility covenant
      378 8  -  YEN SREENIVASAN But it gets bank to extend lower credit line of USs27m, down from USs4om By A-SONIC Aerospace has had its bank credit facility pulled after its capitalisation fell below a stipulated minimum Ssso million following an impairment writedown. The "breach of
      378 words
    • Article
      Lock icon NEL chief executive steps down, not renewing contract
      611 8  -  LYNETTE KHOO By NEL Group chief executive Peter Choong has stepped down with immediate effect, leaving behind a board with mostly new faces while a probe by special auditor Ernst Young (E&Y) is still under way. Mr Choong told BT yesterday that
      611 words
    • Article
      Lock icon Court allows PCCW buyout; deadline put off pending appeal
      573 8 Bloomberg Reuters, [HONG KONG] A Hong Kong court yesterday said it would allow a US$2.2 billion plan to take tycoon Richard Li's PCCW private, although the city's securities watchdog quickly appealed in a case over alleged vote buying. Mr Li has
      Bloomberg; Reuters,  -  573 words
  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      304 5 I' ,:l H"' J^^Sf^-T^ mmYl Bf^Mfci<BffFli-MII-W-BWIWI-BP--W m^^^^'^.Z'^' -_-nV--lv9!ir^-ETii^n^E^i^l -Sml*' -__r_-_-E i. -__-_i 1» --.-L^^^-^^^^^^^^^-F^^^i^^^^^l ___t wwr-m —»^_'^j^i 111 ■r* IB I BgWi m_. y-M I hservcorp EBB 33 www.servcorp.com.sg Everything But The Overheads— I From $100* per month! No set up fees, no security deposit, month to month flexibility aM
      304 words
Page thumbnail Page 6
  • Page 6 Advertisements
    • Advertisement
      Lock icon Page 6 Advertisements Column 1
      28 6 y Motorsports hub I'lflfl km *^^^_3 __________^*^^___^^___H _-C_7 J iflfi I-------- M(mm Wt^^% -B* V_H H BH IT >1 .feb, HhD «_l V V Bj2__________E^__^_________l_____l__B_Sn I ______^^___l_______________ J^^^^^^ff^^J^^^^^^^ff^^^J^^^^^^^^^^W^^^f^ff^yjjy^y^ffJf^^pJ^^fj^^y^^^ff^^^^]
      28 words
Page thumbnail Page 7
  • STRATEGIC LEADERSHIP
    • Article, Illustration
      Lock icon Good service expectations vary
      1075 7 Higher income customers with their wider range of experience have clearer standards of what they wish. UMA SHANKARI reports ALL customers want good service, but what a customer expects can vary according to his income level. A study here has found that higher income earners have
      1,075 words
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      324 7 Announcement of the t QKAII CUSTOMER SATISFACTION INDEX OF ZtSl^ iHf *Wi SINGAPORE 2008 RANKINGS v— The Customer Satisfaction Index of Singapore (CSISG) 2008 is based on the analysis of over 30,000 face-to-face interviews with actual users Institute of Service Excellence at SMU tfryff/f// of Products and services, conducted in
      324 words
    • Advertisement
      Lock icon Page 7 Advertisements Column 2
      68 7 IV^ SMI I JL INSTITUTE OF JIVIU <«fe> SERVICE EXCELLENCE SIMCAFOK MANAGIMSNT TT 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
      68 words
Page thumbnail Page 8
  • Page 8 Advertisements
    • Advertisement
      Lock icon Page 8 Advertisements Column 1
      3023 8 w 4 WATS JL^I V_>/ JL JLV^ JLj k3 Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg LMA", Better by Design I LMA International N.V. (Incorporated with limited liability in the Netherlands Antilles on July 28,1998) NOTICE OF INFORMATION MEETING NOTICE IS HEREBY GIVEN THAT the information meeting of LMA International N.V.
      3,023 words
    • Advertisement
      Lock icon Page 8 Advertisements Column 2
      40 8 LTUhnd the ones hrt X pJ THAT FIT! d Q P^ Recruit the right people L—-^ I through CATS Recruit. Hi r| Call 1800 289 8822 or email V/~> f**i li v.y l_/~\ recruit@sph.com.sg I I j to advertise. f^
      40 words
Page thumbnail Page 9
  • Page 9 Advertisements
    • Advertisement
      Lock icon Page 9 Advertisements Column 1
      705 9 m^L^mm. k HsBS__________Bl With our committed staff of over 5,000 in Singapore, we can help you take a M■■ HPHPPV balanced approach to your financial health. Our proven track record is supported _Bflv4NiV&lliyi by a competitive range of innovative and relevant products to suit your needs. U| To maximise every
      705 words
Page thumbnail Page 10
  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Volumes plunge 30% in Q1 for S'pore oil traders
      539 10  -  RONNIE LIM Trading conditions likely to remain tight till economic recovery kicks in OIL traders here suffered a rough first quarter as physical and paper business plunged as much as 30 per cent from Ql last year. And things are likely
      AP  -  539 words
    • Article, Illustration
      Lock icon Credit Suisse names new head for private banking in S'pore
      252 10 CREDIT Suisse has appointed Lim Eng Guan managing director and market leader for Singapore private banking to oversee the development of its business here. Mr Lim joined Credit Suisse in March last year as location head for China, based in
      252 words
    • Article
      Lock icon Singapore executives glummest in region: survey
      325 11  -  JOYCE HOOI 80% expect to miss targets; 67% of firms to freeze salary budget at '08 levels By WHILE the economic downturn has everyone singing the blues, Singapore executives sound particularly doleful in the latest survey by the Hay Group cySingapore topped South-east Asia
      325 words
    • Article
      Lock icon SIMTech signs MOU on clean manufacturing
      133 11 THE Singapore Institute of Manufacturing Technology (SlMTech) signed a two-year pact yesterday with a US institute on research for clean and sustainable manufacturing. The memorandum of understanding with Golisano Institute for Sustainability of the Rochester Institute of Technology is expected to advance research into
      133 words
    • SINGAPORE ROUNDUP
      • Article
        Lock icon Tampines 1 to open with full tenancy
        51 11 TAMPINES 1, a 260,000 sq ft mall at Tampines Regional Centre, will open on April 9 with 100 per cent tenancy. More than 75 per cent of tenants will open their doors on the first day of business, including Amore Living, Topshop and
        51 words
      • Article
        Lock icon New junior sports academies to open
        42 11 EIGHT new junior sports academies will be set up this year to nurture about 200 promising primary school athletes. The academies, in eight different primary schools, will concentrate on seven sports, including badminton and table tennis.
        42 words
      • Article
        Lock icon NTU, Imperial College to offer joint PhD
        49 11 NANYANG Technological University (NTU) will collaborate with Imperial College London to offer joint Doctor of Philosophy programmes in engineering and science. The programmes will start in January 2010. Successful students will receive a degree under the seals of Imperial College and NTU.
        49 words
      • Article
        Lock icon Bus operators fined for breach of quality service
        48 11 THE Public Transport Council (PTC) has fined bus operators SBS Transit $4,500 and SMRT $100 for non-compliance with regulatory standards. However, PTC said the operators performed better than in the previous six-month period, with lower accident rates and fewer breakdowns.
        48 words
    • Article, Illustration
      Lock icon Young NTUC helps grads find jobs
      266 11 It will organise three networking sessions for grads to meet employers YOUNG NTUC, the youth wing of the National Trades Union Congress, yesterday organised a job fair for nearly 800 graduating university students at NTUC Centre. More than 6,000 jobs were offered by 28
      FILE PHOTO  -  266 words
    • Article, Illustration
      Lock icon Matchmaker for job seekers and employers
      963 12  -  TEH SHI NING NTUC initiative e2i has helped over 23,000 people land new, better jobs By JUST over a year since it was launched in February 2008, the Employment and Employability Institute (e2i) has helped more than 23,000 people find new and better jobs.
      FILE PHOTO  -  963 words
  • Page 10 Advertisements
    • Advertisement
      Lock icon Page 10 Advertisements Column 1
      3315 10 •^^4 SATS X^l V^>/ J- J_^^ _L l 3 Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg I rr ROKKO HOLDINGS LTD. WM (Incorporated in Singapore) (Co. Reg No.: *****9694 C) SINOPIPE HOLDINGS LIMITED NOTICE OF ANNUAL GENERAL MEETING (Company Registration Number: *****1382N) (Incorporated in Singapore with limited liability) NOTICE IS HEREBY
      3,315 words
Page thumbnail Page 11
  • Page 11 Advertisements
    • Advertisement
      Lock icon Page 11 Advertisements Column 1
      122 11 FREE UPGRADES ON THE WORLD'S MOST AWARDED AIRLINE FLY WITH US FROM 1 APRIL TO 30 JUNE 2009, AND EARN FREE UPGRADES* TO ANY SINGAPORE AIRLINES DESTINATION. With as few as two Economy Class return trips, you could A m jp enjoy a complimentary upgrade on your next flight. All
      122 words
Page thumbnail Page 12
  • Page 12 Advertisements
    • Advertisement
      Lock icon Page 12 Advertisements Column 1
      2325 12 •^r J_^l A. _I_^^^ 1 -i k3 Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg PAN ASIAN WATER SOLUTIONS LIMITED \NEPCf} I IMITFH (Company Registration No.: *****2790N) VVLI W^^ kllWll I LI/ (Incorporated in the Republic of Singapore) ■bbb^^^hh^^^hb^^^^hbb^hb^^h (Company Registration No. *****0314D) [yr^^ff^^ffj^^^^^Tp^K^fc^^ff^W^fc^^^^^iß (Incorporated in Singapore with Limited Liability) NOTICE IS
      2,325 words
    • Advertisement
      Lock icon Page 12 Advertisements Column 2
      18 12 IMMMMMMMMMMMMMMMMM^A^A^A^A^A^A^A^A^A^A^A^A^A^Amiii I > TUNB yOUR RAP/0 TO TODAY'S O 1 /Ism BEST MUSDC OMLy ON TOPICS BEST MUSDC www.radio9l3.com
      18 words
Page thumbnail Page 13
  • SME Inc
    • Article, Illustration
      Lock icon When down time is still showtime
      772 13 Times are tough in the MICE sector, but Pico has advantages that could help it eke out growth, reports NISHA RAMCHANDANI IT'S looking like a difficult year for most industries and the MICE industry is no exception. But Pico Far East Holdings is confident
      772 words
    • Article, Illustration
      Lock icon Hang up your ads – in closets
      621 14 Hang up your ads in closets Two entrepreneurs dream up a novel and eco-friendly platform for marketers in the humble clothes hanger, reports JAMIE LEE FOR advertisers hung up over new ways to push products, two young entrepreneurs may have found an answer in the humble clothes hanger. Known as
      621 words
    • Article
      Lock icon Like a spring, small caps rebound strongly
      405 14  -  TEH HOOI LING By OUR small cap portfolio has been like a spring that was held down, with the pressure now released. It has surged 23.5 per cent in the five weeks since March 2. This compares with the 20.5 per cent jump
      405 words
    • Article, Illustration
      Lock icon Building bridges
      819 15 THIS WEEK'S TOPIC The SCCCI has made helping its SMEs and local business members a top priority by upgrading management skills and catering to members' suggestions of dialogue with government bodies and help in securing loans. Do you think that the chambers of commerce such as SCCCI could
      FILE PHOTO  -  819 words
  • Page 13 Advertisements
    • Advertisement
      Lock icon Page 13 Advertisements Column 1
      946 13 C 1 DDll^.l f* |U W*M il l A BUSINESS LEADERS INITIATIVE SERIES BROUGHT TO YOU BY nrt^r~ir\r£h Enabling Enterprise Now's the time! aCVWW^ I mMxnm^ EDMUND TSAI worked for several multinationals excel in their business growth. Modules Al mV M m'B MQVaIICcQ in sales and marketing before deciding to
      946 words
  • Page 13 Miscellaneous
Page thumbnail Page 14
  • Page 14 Advertisements
    • Advertisement
      Lock icon Page 14 Advertisements Column 1
      370 14 1. Ml S I M VV>-\ls **lfeM"^ll^ -DZ\DO^IM PROFESSIONAL *''1' 'ifcMfr&_-_-BMMf">.- Y^^Tlrr^T^^^'T^^l-Sr^nil^ff^^' EXECUTIVE EDUCATION --------i DEVELOPMENT SPRING I NURTURING THE GROWTH OF YOUR NEXT GENERATION BEGINS TODAY. M Some things run in the family, like a nose for J—% business. But what happens when you mix <^flyiJ^LWifr business and family?
      370 words
Page thumbnail Page 15
  • Page 15 Advertisements
    • Advertisement
      Lock icon Page 15 Advertisements Column 1
      37 15 Mm Hbn V Y^o":' -^SSfiSSa'vW* <4ri w v 1 h*™. mm, i wm mm/ /st i \^__^s___ V l-.-P' mW/F <_ A mW ROTEKPHIUPPE y jt'xlßß I 1 _-_k 'l _*r M I B^^ Blx^^J LjYZkm^AW/AmM -L=-4-__H --L
      37 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Lock icon Page 15 Miscellaneous Column 1
      78 15 SME The topic for next week's SME Voices Column is: "How important is innovation to SMEs, especially in poor market conditions like the present? Why do some SMEs innovate successfully while others don't?" If you are an SME owner or leader, we would like you to share your views on
      78 words
Page thumbnail Page 16
  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Pledged funds to be available soon: IMF chief
      505 16 Reuters AP, [PARIS] Some ofthe US$l.l trillion in funds pledged by the Group of 20 (G-20) leaders could be available within weeks, the head ofthe International Monetary Fund (IMF) said in an interview published yesterday. Dominique StraussKahn, in an interview with France's
      Reuters; AP,; REUTERS  -  505 words
    • Article
      Lock icon Fall in European producer prices exceeds forecast
      260 16 Bloomberg [LUXEMBOURG] European producer prices fell more than economists forecast in February, highlighting the increasing risk of deflation in the region. Factory-gate prices in the euro region fell 1.8 per cent from the year-earlier month, the most since April 1999, the European Union's
      Bloomberg  -  260 words
    • Article
      Lock icon Global trade yet to show signs of recovery
      713 16 Reuters But better factory output hints that the worst of the slump may be over [WASHINGTON] If recent signs of life in the global economy are for real, we should soon start to see some stabilisation in world trade too. The collapse
      Reuters  -  713 words
  • Page 16 Advertisements
    • Advertisement
      Lock icon Page 16 Advertisements Column 1
      2156 16 _L^l _I_ .1-^^^ 1 Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg TECKWAH INDUSTRIAL CORPORATION LTD AGVA CORPORATION LIMITED Company Registration No. *****1105E *T££32fi£T (Incorporated in Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE OF ANNUAL GENERAL MEETING AND NOTICE OF BOOKS CLOSURE DATE NOTICE IS HEREBY GIVEN that the Annual General Meeting
      2,156 words
    • Advertisement
      Lock icon Page 16 Advertisements Column 2
      29 16 lrom_sEiM PENTHSE THE QUAYSIDE 3230sqft, Single Level, s+lrms. Condo Facilities/ Lifestyle amenities at your doorstep. Make This Place Your Home Now. Call Jack Sng *****919 or jack.sng@orangetee.com Orange Tee.com
      29 words
    • Advertisement
      Lock icon Page 16 Advertisements Column 3
      1 16 1
      1 words
Page thumbnail Page 17
  • MALAYSIA
    • Article, Illustration
      Lock icon KL steps in to kick-start Iskandar projects
      694 17  -  S JAYASANKARAN 2009 will be our year of implementation of various projects, says Iskandar Investment By in Kuala Lumpur IT was launched two and a half years ago amid fanfare and great expectations of kick-starting the economy of southern Johor state. The Iskandar
      FILE PHOTO  -  694 words
  • Page 17 Advertisements
    • Advertisement
      Lock icon Page 17 Advertisements Column 1
      3267 17 w WATS JL^I V»>/ JL JL^^ JLj L* Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg China Auto Electronics Group Limited l~^~l HUAN HSIN HOLDINGS LTD (Incorporated in Bermuda) F7 "fe il* H5 Sfe" BB -"v -=1 And its Subsidiaries l^J -L-f ■>%■■§£ jit M. P& £> °J (Incorporated in the Republic
      3,267 words
Page thumbnail Page 18
  • Page 18 Advertisements
    • Advertisement
      Lock icon Page 18 Advertisements Column 1
      5127 18 w j MAIS JL^I JL JL^^J JL_. l 3 Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg Hi-P INTERNATIONAL LIMITED f^^^^^« m t_ a m pb wi ".^i^i^ L^l I Company Registration Number *****4817H (Incorporated in the Republic Singapore) NOTICE IS HEREBY GIVEN that the Annual General Meeting of Hi-P International Limited
      5,127 words
Page thumbnail Page 19
  • Page 19 Advertisements
    • Advertisement
      Lock icon Page 19 Advertisements Column 1
      5717 19 CIH 111 I CHINA INFRASTRUCTURE HOLDINGS LIMITED AS PIA L CORPORATION LIMITED <ta™l»d in Singapore with limited liability) (the^ompan/) (Company Registration No: *****1030G) m^^y^^^t.^^^J!^^^^^^^^m^ i ore 7 NOIICE OF ANNUAL GENERAL MEETING JNUllCfc lj ricivbiji Cj.IV.eJN that trie Annual vjeneral JMeetinp or /Yspial Corporation JuimiteQ tne Company will be nelu
      5,717 words
Page thumbnail Page 20
  • GREATER CHINA
    • Article, Illustration
      Lock icon Aussies wary of Chinese deals: poll
      326 20 Reuters Findings reinforce anti-China sentiment, with most preferring to resist sale of mining firms [CANBERRA] Australians are wary about Chinese investment in local mining companies, a poll said yesterday, as Australia considers a US$l9.5 billion tie-up between China's Chinalco and miner Rio Tinto Ltd.
      Reuters  -  326 words
    • Article
      Lock icon Hutchison set for first US$ bond sale in 5 yrs
      219 20 Bloomberg [HONG KONG] Hutchison Whampoa, billionaire Li Ka-shing's biggest company, hired Deutsche Bank, HSBC Holdings and JPMorgan Chase Co for its first US dollar bond sale in more than five years. Hutchison expects the 10-year notes to be ranked A-
      Bloomberg  -  219 words
    • Article
      Lock icon China halts sale of German baby powder
      166 20 AFP [SHANGHAI] China's state quality watchdog said baby skin powder manufactured by German housekeeping and healthcare products maker MAPA has been removed from shelves in China for allegedly containing asbestos. The authorities sealed up 48 cans of the baby powder in Suzhou Debao
      AFP  -  166 words
  • Page 20 Advertisements
    • Advertisement
      Lock icon Page 20 Advertisements Column 1
      3120 20 X^i V^>/ J. -I^_^.L<l3 Toll free: 1800-289-8822* Email: notices@sph,com.sg www.cats.com.sg mgk SINWA LIMITED '-rJll (Registration No. *****6542H) Jff^!*, (Incorporated in Singapore) JJ!KSS_£L (the "Company") NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 2009 Annual General Meeting of Sinwa Limited will be held at 28 Joo Koon Circle,
      3,120 words
    • Advertisement
      Lock icon Page 20 Advertisements Column 2
      875 20 A WATS "jS^ SOON LIAN SOON LIAN HOLDINGS LIMITED Registration No. *****6295G (Incorporated in Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 2009 Annual General Meeting of the shareholders of the Company will be held at 45 Joo Koon Circle Singapore *****6 on Friday, 24 April
      875 words
Page thumbnail Page 21
  • INDIA
    • Article, Illustration
      Lock icon Caution rules at Indian resources giants
      691 21 Reuters Unlike China firms, they're avoiding acquisition deals overseas due to uncertainty [MUMBAI] Indian resources giants such as Oil and Natural Gas Corp (ONGC) are likely to hoard cash and shun big overseas deals despite market expectations they should seize distressed firms struggling in
      – Reuters; BLOOMBERG  -  691 words
  • Page 21 Advertisements
    • Advertisement
      Lock icon Page 21 Advertisements Column 1
      4035 21 J_^l V^>/ A. J_^^ -Lj L. Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg CHINA MERCHANTS HOLDINGS (PACIFIC) LIMITED (Company Registration No. *****1278D) M (Incorporated in The Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING QCADIwr /CIMrADnDEUTn NOTICE IS HEREBY GIVEN that the Annual General Meeting of CHINA MERCHANTS HOLDINGS (PACIFIC) LIMITED
      4,035 words
Page thumbnail Page 22
  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon Summers, an outsider with an inside glimpse of hedge funds
      737 22 -NYT [NEW YORK] Lawrence H Summers plays down his stint in the hedge fund business as a mere part-time job but the financial and intellectual rewards that he gained there would make even most full-timers envious. Mr Summers, the former
      -NYT  -  737 words
    • Article
      Lock icon US gets tough on mortgage scammers
      177 22 Bloomberg, AP [WASHINGTON] The Obama administration began an effort to crack down on mortgage fraud, including companies that are preying on the desperation of borrowers facing foreclosure. The Justice Department is working with the Housing and Urban Development Department, the US Treasury's Financial Crimes
      Bloomberg,; AP  -  177 words
    • Article
      Lock icon Opel in talks with Abu Dhabi royal family: paper
      547 22 AFP, Reuters, AP Opel labour leader confirms reports of talks; says he is not opposed to it [FRANKFURT] Abu Dhabi's royal family might be set to invest in the troubled German carmaker Opel, a press report said yesterday. German newspaper Westdeutschen
      AFP, Reuters, AP  -  547 words
    • Article, Illustration
      Lock icon Mike Corbat named CEO of Citi Holdings unit
      353 22 -AP, Reuters [NEW YORK] Citigroup Inc yesterday took the "interim" out of Mike Corbat's title as chief executive of Citi Holdings, the business that includes the riskier assets at the big banking company. Mr Corbat had been overseeing the unit since Citigroup
      -AP,; Reuters; AFP  -  353 words
    • Article
      Lock icon IBM drops US$7b takeover offer for Sun Micro
      515 23 AP Talks break down following a cut in bid price and 'onerous' Sun conditions [WASHINGTON] IBM withdrew its US$7 billion bid for Sun Microsystems on Sunday, one day after Sun's board baulked at a reduced offer, according to three people close to
      AP  -  515 words
    • Article
      Lock icon MGM Mirage hires Morgan to advise on sale of casinos
      359 23 Reuters [NEW YORK] MGM Mirage has hired Morgan Stanley to advise on selling a number of its casinos, and is talking to potential buyers about the assets, a source familiar with the situation said on Sunday. The No. 2 casino
      – Reuters  -  359 words
    • Article, Illustration
      Lock icon Soaked Sepang sorts the stars
      866 23  -  STEVE SLATER COMMENTARY By IT MAY have been frustrating to have, first, the monsoon, then bad light stopping play, robbing us ofthe full race distance in the Malaysian Grand Prix. The decision to stop the race at the end ofthe 32nd lap was absolutely justified.
      J AP  -  866 words
  • Page 22 Advertisements
    • Advertisement
      Lock icon Page 22 Advertisements Column 1
      1441 22 NOTICES OhWd Energy BRIBES O# OUHUA ENERGY HOLDINGS LIMITED (Company Registration No. *****) (Incorporated in Bermuda) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of OUHUA ENERGY HOLDINGS LIMITED will be held at Lilac Room, Peninsula Excelsior Hotel, 5 Coleman Street Singapore *****5 on
      1,441 words
    • Advertisement
      Lock icon Page 22 Advertisements Column 2
      81 22 Suntec City Office Towers JSJPI The Business Capital of Asia JAwk Y///''//;;^/ ■''■-aAm w :/;:;>'■" >*^Vi AM m >> Z^i v i I t i t Prestigious Business Address lb*. V-,-Wv Mm''A*'********* S,"^VhB Panoramic city, Fountain of Wealth and sea views Integrated ancillary business facilities [I*** 4 Units from 900
      81 words
Page thumbnail Page 23
  • Page 23 Advertisements
    • Advertisement
      Lock icon Page 23 Advertisements Column 1
      1664 23 w WATS JL^I Vfc>/ JL I V_^ 1 S_* Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg *7^isiK SINOSTAR PEC HOLDINGS LIMITED SINOSTAR PEC HOLDINGS LIMITED C|M/^\CTAD (Incorporated in the Republic of Singapore) Clkl/^CTAn (Incorporated in the Republic of Singapore) 3ll>lV-lj I/\K (Company Registration No. *****9833N) 3lrNWjl/\K (Company Registration No. *****9833N) NOTICE
      1,664 words
Page thumbnail Page 24
  • WORLD
    • Article, Illustration
      Lock icon With economy down, vitamin sales go up
      495 24 NYT More US consumers resorting to selftreatment in recession [NEW YORK] It was a nasty head cold that sent Kerry Parham to Cinagro's, a health-food store in suburban Cleveland, for an US$B bottle of herbal supplements. "If I had a job with health
      NYT  -  495 words
  • Page 24 Advertisements
    • Advertisement
      Lock icon Page 24 Advertisements Column 1
      4361 24 J_^l \^>/ A. J_^^ 3~i k3 Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg Courage Marine Group Limited 4£p (Incorporated in Bermuda) HEALTHWAYMEDICAL Notice of Annual General Meeting HEALTHWAY MEDICAL CORPORATION LIMITED NOTICE IS HEREBY GIVEN that the Fourth Annual General Meeting of the Company will be held at SUNTEC SINGAPORE INTERNATIONAL
      4,361 words
Page thumbnail Page 25
  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon 4 airlines back emissions trading plan
      614 25 Reuters They propose deal covering all carbon pollution in global aviation sector [SINGAPORE] Four of the world's top airlines have backed a global scheme to curb carbon emissions and hope the proposal will be included in a broader United Nations pact to fight climate
      Reuters; AFP  -  614 words
    • Article
      Lock icon Reprieve for US arms suppliers?
      424 25 Reuters [WASHINGTON] North Korea's rocket launch may be good news for Lockheed Martin Corp, Boeing Co and other big Pentagon contractors that face possible programme cuts. Defence Secretary Robert Gates was scheduled to announce his spending proposals at a Pentagon press conference yesterday afternoon. Backers
      Reuters  -  424 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        114 25 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWT Ltd Ezra Hldgs First Ship Lease Freight Links Grand Banks Jaya Hold Ltd KlVentures Keppel Corp MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Man Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship 0.28 0.16 1 00 0 37 0
        114 words
      • Article
        Lock icon KLSE
        38 25 '000 IPL nt'G Logistics MISC Bhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Bhd PDZ Holdings 0.65 8.50 8.65 3.22 2.90 0.02 unch unch unch 0.05 0.04 0.02 unch unch 141 26) 77) 1741 211 I
        38 words
      • Article
        Lock icon BANGKOK
        7 25 '00 'recious Ship .11.70 1.10 2086!
        7 words
      • Article
        Lock icon HONGKONG
        12 25 '000 IPL JOil iingamas Cont 24.20 ...0.50 0.60 0.02 3661 940;
        12 words
      • Article
        Lock icon PHILIPPINES
        22 25 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 5.60 13.00 unch unch unch 0.25 unch unch 20; 30! I I
        22 words
      • Article
        Lock icon TAIPEI
        22 25 Evergreen Marine ...15.70 :irst Steamship 42.75 /Van Hai Lines 15.35 fang Ming Marine ..12.30 unch 1.65 -0.10 0.40 1! 1' 3:
        22 words
      • Article
        Lock icon TOKYO
        37 25 '000 :awasaki Hvy Ind...209.00 unch 1893! :awasaki Kisen 369.00 6.00 1367! /litsubishi Hvy 336.00 2.00 2056! /litsui Eng&Sbldg ..178.00 1.00 502: /litsui Osk Lines ....539.00 2.00 1642' Jippon Express 337.00 lunch 335! JipponYusen 417.00 2.00 973!
        37 words
    • Article
      Lock icon Somali pirates hijack yacht in Indian Ocean
      279 25 -AFP Observers say attack launched from captured vessel [NAIROBI] Somali pirates have hijacked a Frenchflagged yacht with four crew members in the Indian Ocean, Ecoterra International, an organisation monitoring piracy in the region, said yesterday. Ecoterra International said the attack took place on
      -AFP  -  279 words
    • Article
      Lock icon Suez Canal revenue up
      122 25 Bloomberg [CAIRO] The Suez Canal, through which one-tenth of global seaborne trade passes, notched an 8 per cent increase in revenue in March and may attract more ships this month as incentives for using the waterway are offered more widely. Revenue came to US$327 million compared
      – Bloomberg  -  122 words
    • Article
      Lock icon IRCRAFT ARRIVALS AND DEPARTURI
      2676 25 AIRLINE CODES: AA: American Airlines (AAL), AF: Air France (AFR), AI: Air India (AIC), AY: Finnair Oy (FIN), AZ: Alitalia Airlines (AZA), BA: British Airways Public Ltd Co (BAW), BG: Biman Bangladesh Airlines (BBC), Bl: Royal Brunei Airlines Sdn Bhd (RBA), BO: Bouraq Airlines (BOU), BR:
      2,676 words
  • Page 25 Miscellaneous
    • Miscellaneous
      Lock icon Page 25 Miscellaneous Column 1
      381 25 CRYPTIC CROSSWORD 8 Open letters from military set- ___BB_BB_H H___^M_HH_HH_ tlement(7) 8 110 10 Single test covering end of m^ term is better (7) 11 Platform for a meal outside a n l; 2 f flat (6,3) wm m^ 12 Make enquiries about individual racket (5) 13~~^^ HTJ-^ 13 Sweetener
      381 words
Page thumbnail Page 26
  • Page 26 Advertisements
    • Advertisement
      Lock icon Page 26 Advertisements Column 1
      5338 26 w MAIS JL^I JL JL^^ JLj l3 Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg TTTTCPN^ SUPERBOWL HOLDINGS LIMITED I A > Ajl (Incorporated in the Republic of Singapore) Technology Registration No. *****3139W JUKEN TECHNOLOGY LIMITED notice of annual general meeting (Company Reaistration No *****0539Z) NOTICE IS HEREBY GIVEN that the Fifteenth
      5,338 words
Page thumbnail Page 27
  • Page 27 Advertisements
    • Advertisement
      Lock icon Page 27 Advertisements Column 1
      4915 27 w MAIS JL^I V^>/ JL JLVj JLj l3 Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) A. /9 inthematterof Mk£ SERIAL SYSTEM LTD mS SERIAL SYSTEM LTD TEAM ENERGY ASIA-PACIFIC SINGAPORE PTE. LIMITED &A
      4,915 words
Page thumbnail Page 28
  • SBA 2009
    • Article, Illustration
      Lock icon Business leaders and their winning ways
      620 28 BUSINESS leaders turned out in force recently to honour the winners of the 24th Singapore Business Awards. Some 720 people attended the event at the Shangri-La Hotel, where Finance Minister Tharman Shanmugaratnam presented the coveted Businessman of the Year award to Ow Chio Kiat.
      JOHN HENG  -  620 words
Page thumbnail Page 29
Page thumbnail Page 30
  • EDITORIAL & OPINION
    • Article
      Lock icon A little help from the G-20
      484 30 THE Group of 20 (G-20) summit in London last week delivered far more than was expected of it. Although that is not saying much, the heads of government of this motley group of nations also managed to come up with initiatives that will make
      484 words
    • Article, Illustration
      Lock icon China slowly moving to globalise the yuan
      953 30  -  DON LEE -LAT-WP A shift from US dollar to yuan as the world currency would have significant consequences By COULD the world's currency of choice have the face of Mao Zedong on it, not George Washington's? Quixotic or not, the Chinese are preparing
      -LAT-WP; I REUTERS  -  953 words
    • Article, Illustration
      Lock icon Protectionism rearing ugly head despite G-20 rhetoric
      727 30  -  ROBERT SAMUELSON THE BOTTOM LINE WE are in a race between economic recovery and economic nationalism. At last week's G-20 summit, leading nations agreed to roughly US$l trillion of additional lending, mostly through the International Monetary Fund, to help end the worldwide slump.
      727 words
    • Article, Illustration
      Lock icon New US brand name, new policies ?
      1653 31  - New US brand name, new policies LEON HADAR Obama's revamp of the American image abroad has won approval; now he must follow through with appropriate action THE first and probably most important thing that was going for US President Barack Obama during his meetings with world leaders in Europe was
      REUTERS  -  1,653 words
    • LETTERS TO THE EDITOR
      • Letter
        Lock icon BT gave early warnings about foreign listings
        403 31  -  Ang Hao Yao THE Singapore Exchange's (SGX) latest statement recognising the risks of foreign listings is timely as there has been a spate of "blow ups" in a number of foreign companies listed here. Cases where owners of such companies have cooked books,
        403 words
      • Letter
        Lock icon Enhancing the independence of independent directors
        478 31  -  Ec Teck Slew I APPLAUD the recent launch of the revamped Governance and Transparency Index (GTI) by The Business Times and the NUS Corporate Governance and Financial Reporting Centre (CGFRC). The revamp is timely given the recent slew of corporate malfeasance and governance failures.
        478 words
      • Letter
        Lock icon Sharing is good, so here are the Fibrechem facts again
        343 31  -  Tan Chin Hwee I AM writing in response to the letter, "Another take on Fibrechem and its numbers" by Lee Choong Onn (BT, April 2), on a presentation I made at an investment forum. From the points Mr Lee has
        343 words
      • Letter
        Lock icon Help a phone call away for problem gamblers
        187 31  -  Mildred Tan WE refer to the letter by Kuo How Nam from Credit Counselling Singapore. (BT, April 3). We wish to thank him for his suggestion of barring problem gamblers from accessing unsecured loans so as to cut off one source of
        187 words
Page thumbnail Page 31
Page thumbnail Page 32
  • Page 32 Advertisements
    • Advertisement
      Lock icon Page 32 Advertisements Column 1
      4834 32 w MAIS JL^I V^>/ JL JLVj JLj l3 Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg /K c*. -t SHANGHAI TURBO ENTERPRISES LTD. vX# (Company Registration No. CT-*****4) H. (incorporatedin, h eca ym an sands) ||k CMIM SUlMllie ChSmlCal HoM.ligS LM. NOTICE OF ANNUAL GENERAL MEETING \f S^^^^S^SSS^ NOTICE IS HEREBY GIVEN
      4,834 words
Page thumbnail Page 33
  • Page 33 Advertisements
    • Advertisement
      Lock icon Page 33 Advertisements Column 1
      4740 33 w Af) MAIS JL^I *K-S JL JL^^ JL_- l 3 Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg ADROIT INNOVATIONS LIMITED £fa ?°|r D D IN^ ™ted (Incorporated in the Republic of Singapore) HIIt <lnoorP°ratod in »c ofSirifflapore) Company Registration No. *****2554G (Registration No. *****0732N) NOTICE OF ANNUAL GENERAL MEETING NOTICE OF
      4,740 words
Page thumbnail Page 34
  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8564 34 Transaction date: Apr 6 52-wks Tel High Low Code Last Sale Vol Day Last Quote Div Gr Yld Net COOP) High Low Buyer Seller C'vr P/E M Cap Sinil Company 9 3 3148 8Telecom 11 2.5 5834 A-Sonic 30.5 12 5000 ABRHIdgs 17.5 6 1938 AEICorp 9.5 1
      8,564 words
    • Article
      Lock icon SGX CATALIST
      1664 35 52-wks Tel High Low Code Company Last Sale Vol Day Last Quote Div Gr Yld Net ('000) High Low Buyer Seller C'vr P/E MCap Smil 20 5 1181 s AAGrp 32 13 8538 t APStrategic 4 0.5 1501 s Advanced System 14 2 3480 t Adventus 29.5 8.5
      1,664 words
    • Article
      Lock icon SGX ETF
      372 35 52-Wk Tel Hiqh Low Code Last Sale Vol C000) Day ih Low Last Quote Buyer Seller Div GrYld Net MCap C'vr P/E $mil Comi _Hm 108 100 6389 ABFSG Bond ETF 108 +0.2 982 427 CIMBAsean40 100US$ US508 -2 183 149 DBS STI ETF 100 183 +2 2190
      372 words
    • Article
      Lock icon CLOB INTERNATIONAL
      254 35 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
      254 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      9324 35 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced FundlS 1.553/ AIGIF Spore Bond Fund/ A 1.212/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 0.75/ APS Alpha Fund (USD)!** 0.5/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.5039/ APS Komaba
      9,324 words
  • Page 34 Advertisements
Page thumbnail Page 35
Page thumbnail Page 36
  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      381 36 In local curr In S$ In USS %dy %yr dy yr dy yr Index Change Change Change Change Change Change Apr 3 World Index Preliminan 635.3 -0.4 -6.3 0.0 -3.4 -0.4 -7.7 t EAFE Prel liminai 611.3 -0.6 -5.8 -0.2 -4.7 -0.6 -8.9 Euro[ Preliminan
      381 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      122 36 As at 9am Apr 6 Singapore dollars to one unit if foreign currency: Currencies Bid Offer Uist dollar 1.0690 1.1020 .an dollar 1.2180 1.2330 Iuro 2.0210 2.0440 IZ dollar 0.8830 0.9030 iterlini ind 2.2230 2.2490 JS dollar 1.4930 1.5100 .ocal dollars to 100 units if foreign
      122 words
    • Article
      Lock icon INTERBANK RATES
      158 36 Apr 6 Xternight 1/32 -month 7/16 l-months 9/16 l-months 11/16 Overnight mode: 0.03 IS$ Offer par 3/16 5/16 7/16 Bid 1 days I month > months J months d months months 12 months tAu 0.45 0.60 1.20 1.50 1.95 2.30 2.40 Offer 0.35 0.50 0.90 1.20 1.65 1.90
      158 words
    • Article
      Lock icon STOCK INDEX FUTURES
      21 36 Apr 6 STI .IMSCI 218.5 222.8 220.2 "aiwan A[ 206.1 208.4 204.7 Source: MF Global (S) Pte. Ltd
      21 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      21 36 Apr 6 Bid Offer 1-month 1.4999 1.5013 2-months 1.4998 1.5014 3-months 1.4998 1.5014 6-months 1.4996 1.5013 Source: OCBC
      21 words
    • Article
      Lock icon PALM OIL
      60 36 Apr 6 lelivery lonth Opening Range Sett Av Price Price Hii Vol Open Done Position Low 09 2298 Vlay 09 2220 lun 09 2181 lul 09 2155 Total o/p: ***** contracts 2251 2299 2245 2200 2251 2186 2145 2196 2125 2099 2155 2085 Turnover: ***** Market tone: Lower
      60 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      279 36 Apr 6 EURODOLLAR FUTURES Jun09 Sep09 Dec09 MarlO 98.8650 98.8200 98.5950 98.4800 5233 2401 3612 2338 EUROYEN TIBOR FUTURES Jun09 99.415 99.420 Sep09 Dec09 99.405 99.405 MarlO JunIO Sep10 DedO Mar11 99.415 99.405 99.420 99.455 99.440 99.420 99.360 99.300 99.255 99.170 83 20 ***** 4015 2184 1718
      279 words
    • Article
      Lock icon SICOM FUTURES
      183 36 Apr 6 (UBBER Futures (Closing prices) !SS 3 (US cents/kg) /lonth High Low Close Sett Volume (lots) O/l lots) V1ay09 Iun09 165.0 lul 09 \ug09 165.0 iep 09 Dct 09 165.0 165.0 164.5 165.0 165.0 165.0 165.0 165.0 20 20 20 40 727 811 1039 946 940 1030
      183 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      88 36 Apr 6 'eriod Issue code Maturity Yesterday's Bid Hii Day's [Ii Low 1-Month BQ*****X 09.07.09 -Year BY*****V 02.11.09 0.29 0.42 0.29 0.20 30VERNMENT BONDS >eriod Issue Coupon Maturity code rate Close Bid Day's High Low 1-Year N*****0E 3.125 i-Year NX*****F 3.625 '-Year N*****0S 2.875 0-Year NY*****A 4.000 5-Year
      88 words
    • Article
      Lock icon CHICAGO BOT
      102 36 Apr 3 (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 09 995.50 977.00 997.50 972.00 Jul 09 995.25 977.00 997.00 972.00 Aug 09 976.75 962.00 978.25 960.25 Sep 09 946.25 933.50 946.75 929.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low May 09 35.32 35.10 35.38 34.65
      102 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      75 36 CRUDE OIL PRODUCTS Apr 3 origin) t/barrel Close Cham irent blend (1-Mth F) 51.72 -0.35 VTI (Near Mth) 52.36 -0.21 )ubai (1-Mth F) 51.67 1.92 "apis blend 54.90 1.85 vlinas 54.05 2.00 >RODUCT JSS/barrel (FOB S'pore) Close Chanqe Naphtha Jet Kerosene 49.60 60.20 1.7; 2.3I USS/barrel )pec Oil Basket Price
      75 words
    • Article
      Lock icon INTERBANK CROSS RATES
      446 36 Apr 6 Iuro ren ton 'eso Earn 'ouni Australia 0.880 4.897 0.530 5.553 35.833 81.281 0.725 9.380 2.546 1.209 57.284 34.225 1.075 6.458 0.808 23.804 25.251 0.481 0.716 Canada 1.136 5.565 0.602 6.311 40.722 92.371 0.824 10.660 2.893 1.374 65.099 38.894 1.222 7.339 0.918 27.052 28.696 0.546
      446 words
    • Article
      Lock icon SIBOR
      68 36 Apr 6 mth 0.***** 0.***** mths 0.***** 0.***** mths 1.***** 0.***** mths 1.***** 0.***** mths 1.***** 0.***** 2 mths 1.***** 0.***** ;WAP Offer rates (S$) mth 0.***** mths 0.***** mths 1.***** 6 mths 1.***** 9mths 1.***** 12 mths 2.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 1.***** 3yrs
      68 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      149 36 Apr 6 lurrencies Bid Offer Bid Offer >$/US$ to one unit of foreign currency: Australian dollar 1.0744 1.0758 0.7163 0.7166 Canadian dollar 1.2210 1.2225 0.8141 0.8143 Iuro 2.0291 2.0316 1.3528 1.3533 IZ dollar 0.8884 0.8896 0.5923 0.5926 aterlini 2.2349 2.2374 1.4900 1.4904 IS dollar 1.4999 1.5012 >$/US$
      149 words
    • Article
      Lock icon PRECIOUS METALS
      132 36 Apr 6 /oz) Hong Kong London 881.10 903.70 882.10 904.70 Apr 03 Apr 02 898.70 895.00 899.70 897.00 Source: Thomson Reuters CAST BAR (S$) Apr 06 Buying Sellini Kilobar "45,898.72" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 5gm 10gm 20gm 50gm 100gm 1 oz 1 oz UBS
      132 words
    • Article
      Lock icon LONDON METALS
      65 36 Apr 3\ luminium, 99.7 jrity (USS/tonne) h Close Previous :ash 1444.50 months 1481.00 1393.50 1430.00 Copper, Grade A (USS/tonne) ;ash months 4274.75 4301.00 4120.00 4150.00 .ead (USS/tonne) :ash 1309.00 months 1315.00 1276.50 1285.00 lickel (USS/tonne) ]ash I months *****.00 *****.00 *****.00 *****.00 'in (USS/tonne) :ash *****.00 *****.00 months
      65 words
    • Article
      Lock icon LIFFE
      74 36 Apr 3 (£/tonne) Close Prev Hii ih/Low v1ay09 1970 1947 1974/1930 lul 09 1940 1917 1944/1900 iep 09 1918 1896 1922/1885 Dec 09 1898 1877 1900/1865 IOFFEE (USS/tonne) Close Pev High/Low v1ay09 1564 1561 1565/1545 lul 09 1559 1553 1561/1539 iep 09 1565 1560 1565/1550 SUGAR (US tonne) White
      74 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2248 36 BONDS, WARRANTS EXTENDED SETTLEMENT Pel lode Company Last Sale Vol Conv Exer +or- ('000) Ratio Price Disc Gear- Mths ing Left '058 Advance Modules Grp W*****3 6 susp >036AdvanceSCTLtdW*****9 0.5 1 17 156 1.50 1 87 2088 8.00 40 16 )092 Asia Environment W*****4 0.5 1 38 235 23.00 4
      2,248 words
Page thumbnail Page 37
  • Page 37 Advertisements
    • Advertisement
      Lock icon Page 37 Advertisements Column 1
      2441 37 The Business Times Shipping Times E*2lSJyikStt£lll Blißißß DlfeCt Cailiny 10 TWTPE UK CONTINENT SERVICE U.S.A SERVICE IMMfcMI C AtlllVfi All Destination Destination uVuIV UCIILUI Qtllf STXPOTBN RTM/ANR/TIL STXPO TBN NOL/NFK/SAV/CDN Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia idlllwll I lltf OA ull I™ 0 UdjJW Ull II jf
      2,441 words
Page thumbnail Page 38
  • Page 38 Advertisements
    • Advertisement
      Lock icon Page 38 Advertisements Column 1
      5025 38 KmV SHfl K EASTERN CAR LINER, LTD I ■a^aiii A tSM it—~-—* SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS M MJHHHMiIIIIiiMM Illllllllil' llllllllll^^^^M "I I' '"UK!) I Lillinq(KT) IPK I LCB I SIN I PKL I )KT I BKK I TOY EtIeTD DESTMWNON PCL/PHL SERVICE AMX SERVICE Connecting ECL
      5,025 words
Page thumbnail Page 39
  • PROPERTY
    • Article, Illustration
      Lock icon UK property tycoon seeks refinancing
      916 39 Bloomberg But Simon Halabi faces uphill battle as banks hoard capital, interest costs rise [LONDON] Billionaire property investor Simon Halabi is seeking to refinance £1.4 billion (Ss3.l billion) of debt borrowed against nine London buildings at a time when few banks will lend to commercial
      – Bloomberg; BLOOMBERG  -  916 words
    • Article, Illustration
      Lock icon Foreclosures put tenants at risk
      994 40 Bloomberg California banks unwilling to be landlords are evicting tenants [SAN FRANCISCO] Laura Hecox was baffled when an officer from the San Diego County sheriff's department came to her home in February and said she was being evicted. She hadn't missed a rent payment on
      – Bloomberg; BLOOMBERG  -  994 words
    • Article
      Lock icon UK landlords to help retail tenants cut costs
      214 40 Reuters [LONDON] The British Property Federation (BPF) said some of its landlord members had agreed a plan to help retailers cut costs and meet quarterly rent payments after complaints the existing system was causing cash-flow problems. The BPF said a recent pilot
      ■ Reuters  -  214 words
  • Page 39 Advertisements
    • Advertisement
      Lock icon Page 39 Advertisements Column 1
      1228 39 V*^L k A-^^r>T^<-_n r> To"free: 180°-289-8822 f&^~ lx.l II If _n Email:notices@s Phcoms9 JL V-*/ JL JL^«> I■■ kj www.cats.com.sg J^y/Ti/x I Water Trust HYFLUX WATER TRUST (a business trust constituted on 16 November 2007 under the laws of Singapore) (Registration Number *****07) "NOTICE OF ANNUAL GENERAL MEETING NOTICE IS
      1,228 words
    • Advertisement
      Lock icon Page 39 Advertisements Column 2
      1319 39 V*Z? T^T'T^T"'^ Toll free: 1800-289-8822 w i\i ii if l™l Email: n°tices@sp|icom-s9 JL V_«</ JL JL^»> I■■ L_J www.cats.com.sg SUNMOON FOOD COMPANY LIMITED (Incorporated in Singapore) Company Registration No. *****4656K NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of SUNMOON FOOD COMPANY LIMITED will
      1,319 words
Page thumbnail Page 40
  • Page 40 Advertisements
    • Advertisement
      Lock icon Page 40 Advertisements Column 1
      190 40 A member of Kp psb deader It's about keeping pace with a tumultuous business world. Equip yourself with updated knowledge and a prestigious MBA to move ahead in your career. PSB Academy and The University of Nottingham believe in bringing relevant learning to managers and professionals who are both discerning
      190 words
    • Advertisement
      Lock icon Page 40 Advertisements Column 2
      385 40 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
      385 words