The Business Times, 17 April 2009

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Microfilm: NL29989
Total Pages: 30
1 30 The Business Times
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  • Title Section
    Lock icon Masthead
    21 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg S£!l A SINGAPORE PRESS HOLDINGS PUBLICATION COREGN N**********E MICA (P) 197/08/2008 Friday, April 17,2009
    21 words
  • Article
    Lock icon Sweet deals to keep tenants from fleeing
    819 1  -  EMILYN YAP Some landlords offering rents below $10 psf in choice locations to cling on to prized tenants By [SINGAPORE] Commercial landlords are fighting to retain prized tenants, with some choice buildings in Raffles Place said to be offering even single-digit rental rates.
    819 words
  • Article, Illustration
    Lock icon Aware chief falls foul of employer DBS
    770 1  -  SIOW LI SEN Bank says it won't condone her double breach of its staff code of conduct By [SINGAPORE] The new president of women's advocacy group Aware may have to negotiate some tricky obstacles at her workplace, as her employer DBS Bank Holdings
    770 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      68 1 SINGAPORE BEST COUNTRIES f^JK CHINA ECONOMY PROFILE FILM FESTIVAL FOR BUSINESS L JP^ Slowest GDP growth Award-winning author g Geoffrey Eu's Singapore moves to k in 10 years Preeta Samarasan choice picks page 28 4th spot page 4 OCA I page 2 page 26 X -tj. I!: I 3 THEIR
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  • TOP STORIES
    • Article, Illustration
      Lock icon China growth grinds to slowest pace in a decade
      665 2 Bloomberg, Reuters, AFP Q1 growth sinks to 6.1%, but late spurt points to stronger growth ahead [BEIJING] China's economy, battered by collapsing exports, grew at the slowest pace in almost 10 years, probably marking its low point. The economy struggled out
      – Bloomberg, Reuters, AFP; AP  -  665 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Sweet deals to keep tenants from fleeing
        49 2 COMMERCIAL property landlords are dangling carrots to retain prized tenants as demand for offices falls while fresh supply emerges in a fast-cooling economy. Owners of some choice buildings in Raffles Place are even said to be offering single-digit rental rates. FRONT PAGE
        49 words
      • Article
        Lock icon China growth grinds to slowest pace in a decade
        60 2 CHINA'S gross domestic product grew at the slowest pace in almost 10 years, probably marking the low point for the world's third-biggest economy. GDP rose 6.1 per cent in the first quarter from a year ago, after a 6.8 per cent
        60 words
      • Article
        Lock icon Singapore is fourth in Forbes business ranking
        57 2 SINGAPORE has moved up four spots to No 4 in the latest Forbes magazine's ranking of the best countries to do business. Denmark tops the list for a second straight year while the US moved up from fourth to second and Canada, from
        57 words
      • Article
        Lock icon China Sky CEO faces sale of pledged share
        56 2 CHINA Sky Chemical Fibre yesterday said that pledged shares owned by its controlling shareholder have become subject of claims by lenders. It added that any sale could result in a change of Huang Zhong Xuan's substantial stake and his loss of the
        56 words
      • Article
        Lock icon Raffles Medical Q1 profit up 27.7% at $7.8m
        57 2 HEALTHCARE services provider Raffles Medical Group has turned in a 27.7 per cent jump in first-quarter net profit to $7.8 million, buoyed by better operating efficiencies and brisk business. Revenue for the three months ended March 31 edged up 7.6 per cent
        57 words
      • Article
        Lock icon Hyundai clinches $890m Jurong Rock Cavern contract
        58 2 CONSTRUCTION proper of Singapore's underground oil storage project is set to start with South Korea's Hyundai Engineering Construction clinching the main $890 million "design and build" contract this week from JTC Corporation. Actual building under this contract, for phase one of Jurong Rock
        58 words
      • Article
        Lock icon Recession keeping US inflation risks under control
        57 2 US consumer prices have fallen over the past year at the fastest clip in more than a half-century, including an unexpected drop last month. Economists see little sign that inflation will be a problem anytime soon despite the flood of money to fight
        57 words
      • Article
        Lock icon Court lifts suspension on Zambry, excos
        63 2 MALAYSIA'S Federal Court yesterday lifted the suspension of Perak chief minister Zambry Abdul Kadir and six Barisan Nasional executive council members from the state assembly. But five times previously, the court dismissed suits brought against Speakers belonging to the Barisan, affirming the principle of
        63 words
      • Article
        Lock icon JPMorgan Chase Q1 profit beats estimates
        42 2 JPMorgan Chase Co yesterday reported profit for the first quarter that beat analysts' estimates on record fixed-income trading revenue. Earnings fell 10 per cent to US$2.l4 billion, or 40 US cents a share. WORLD, PAGE 16
        42 words
    • Article
      Lock icon Singapore talent a big draw for MNCs in China
      550 2  -  ANNATEO By [SINGAPORE] Singaporeans along with Hongkongers are, and will continue to be, a key source of foreign labour for China, a survey has found. In turn, multinationals here that hire executives and other skilled staff from China say that almost
      550 words
    • Article
      Lock icon DBS statement
      293 2 The following is DBS's statement on its executive Josie Lav, who is also the new president of Aware: "The bank takes pride in the fact that many DBS employees pursue their interests and passion outside work, and are involved with various community/charity/volunteer organisations in their personal capacity. These
      293 words
    • Article, Illustration
      Lock icon S'pore is 4th in Forbes business ranking
      638 4  -  CHUANG PECK MING List indicates which nations will be in a position to bounce back from downturn By [SINGAPORE] It's times like these that exposes the worst in a country's economy or brings out the best in it. For Singapore, despite taking a
      638 words
    • Article
      Lock icon Unexpected fall in new jobless claims
      420 4 Reuters, AP LATEST US DATA [WASHINGTON] New jobless claims fell more than expected for the second straight week, but the number of Americans continuing to receive unemployment insurance benefits rose above six million for the first time. Analysts expect the labour market to remain
      Reuters, AP  -  420 words
    • Article
      Lock icon Playing in the global big league
      558 4  -  CONRAD TAN Sing Tel at No 290 on Forbes list; SPH a new local entrant By [SINGAPORE] Seventeen Singapore firms have been ranked among the world's biggest pub-lic-listed companies, according to a new report by Forbes magazine. Telecommunications giant SingTel, the largest of the
      558 words
    • Article, Illustration
      Lock icon IMF sounds grave warning on global economic recovery
      653 4  -  ANTHONY ROWLEY Recession likely to be unusually long, recovery sluggish By in Tokyo IN what it called a "sobering" assessment of the global economic crisis published last night, the International Monetary Fund warned against premature optimism that recovery may already be in
      REUTERS  -  653 words
  • Page 2 Advertisements
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  • Page 3 Advertisements
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      Lock icon Page 3 Advertisements Column 1
      156 3 Verd v re w A True Holland Address Everything you've ever wanted... Sweeping views of Vibrancy of Holland Park's Tanglin Village, Good-Class Bungalows Holland Village and Orchard Road Lush greenery of the Privilege of Botanic Gardens Renowned Schools Nanyang Girls' nrrhiH JnfoSl^e VillaQe t^^ 1, 1 1 jaJ^ •tMjJtL- f
      156 words
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  • Page 4 Advertisements
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      Lock icon Page 4 Advertisements Column 1
      717 4 A MAIS In the matter of the Companies Act, IN THE MATTER OF Cap SO THE COMPANIES ACT (CAP. 50) And IN THE MATTER OF In the Matter of RIZQI MAKMUR (S) PTE LTD SWINDON PTE LTD (IN CREDITORS' VOLUNTARY LIQUIDATION) (Company Registration No: *****8906K) COMPANY REGISTRATION NO. *****8927 C
      717 words
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  • Page 5 Advertisements
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      Lock icon Page 5 Advertisements Column 1
      222 5 CONGRATULATIONS ON THE JK CHRISTENING OF bjrV M/V "SEA EAGLE 1" 7 /Tv r (75M AHTS 12,240 BHP WITH DP2) J?.E*d^* F^^^Jj^ At Jaya Shipbuilding Engineering Pte Ltd, >*"'J' M Hfc_ 13 Tuas Crescent, Singapore *****7 On Friday, 17th April 2009, 1700hrs Deep Sea Supply Pic Norway Address: Singapore Address:
      222 words
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  • COMPANY NEWS
    • Article
      Lock icon China Sky CEO faces sale of pledged shares
      607 6  -  LYNETTE KHOO This could lead to change of control at firm and loss of his CEO position By IN a situation reminiscent of that at Sino-Environ-ment, the chief executive officer and controlling shareholder of another S-chip company, China Sky Chemical Fibre, has
      607 words
    • Article
      Lock icon Is SGX price surge overdone?
      509 6  -  JAMIE LEE THE stock market, they say, is driven by hope, greed and fear. In simple terms, greed led investors to push stock prices to dizzying heights some two years back, while fear drove investors out as the economy headed south. And judging by the
      509 words
    • Article, Illustration
      Lock icon Merrill sees SIA facing tougher times this year
      684 6  -  YEN SREENIVASAN By IF ever there was a perfect storm for Singapore Airlines (SIA), this must be it. Deteriorating operating conditions, falling loads, plunging premium traffic, overcapacity and, lately, negative calls by leading investment houses. Merrill Lynch has joined a growing chorus
      FILE PHOTO  -  684 words
    • Article
      Lock icon CityDev sells 150 units of The Arte for $190m
      384 6 THE buzz continues at property launches on the island. City Developments said yesterday that it achieved about $190 million of sales from selling about 150 units at The Arte at Thomson since March 21. The freehold project is priced at $880
      384 words
    • MARKETS DIGEST
      • Article
        Lock icon MARKETS
        47 6 lursi lay lange 1COMP 961.28 +4.60 IIKKEI225 8,755.26 +12.30 1ANG SENG 15,582.99 -86.63 ;et index 452.97 -0.91 JAKARTA COM P 1,625.08 +31.42 IANILACOMP 2,064.66 +42.17 ;eoulcomp 1,336.72 +3.63 ;henzhen b 378.06 -3.00 IUMBAI IND 10,947.40 -337.33 12 noon EDT Cham )OW 8,027.94 -1.68 IASDAQ 1,641.60 +14.80
        47 words
      • Article
        Lock icon PRIME RATES
        29 6 Bloomberg SINGAPORE 5.38 MALAYSIA 5.53 HONG KONG 5.00 INDONESIA 16.085 TAIWAN 4.826 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 2.50 SWITZERLAND 0.52 INDIA 12.25 Source:
        Bloomberg  -  29 words
      • Article
        Lock icon FOREX
        45 6 IS$ (S$ per US$) 1.499 (US$/S$ per 1.495 2.240 ;URO (US$/S$/E) 1.316 1.972 Foreign currency per US$ S$ 'EN 98.70 65.80 3.601 2.403 IK$ 7.750 5.172 !AHT 35.40 23.62 lUPIAH 10,790 7,200 lENMINBI 6.832 4.559 INDIAN RUPEE 49.63 33.12 1.386 0.925 IZ$ 1.751 1.168
        45 words
    • Article
      Lock icon Raffles Medical Q1 net profit up 27.7% to $7.8m
      473 7  -  CHEN HUIFEN Growth driven by better operating efficiencies, rise in health care services By DESPITE a slowdown in topline growth, health care services provider Raffles Medical Group managed to turn in a 27.7 per cent year-on-year jump in first-quarter net profit
      473 words
    • Article
      Lock icon NOL forecasts US$240m Q1 loss
      224 7 NEPTUNE Orient Lines (NOL), South-east Asia's biggest container carrier, expects its 2009 first quarter results to show an estimated net loss of US$24O million. It said this estimate, which is "subject to finalisation", is more than the net loss of US$l49 million it reported for
      224 words
    • Article
      Lock icon Banyan raises at least USssoom China fund: report
      238 7 Reuters [HONG KONG] Luxury resorts and hotels developer Banyan Tree has completed a multi-million-dollar investment fund to finance its planned projects in China, sources said yesterday. Singapore-based Banyan Tree, which has hotels from Thailand's Phuket to China's Lijiang, originally targeted raising US$7OO
      Reuters  -  238 words
    • Article, Illustration
      Lock icon Tan Kwi Kin handing over SembMarine helm
      427 7 SEMBCORP Marine yesterday announced a leadership change with old stalwart Tan Kwi Kin retiring next month as group president and chief executive officer, and chief operating officer Wong Weng Sun assuming the two roles. Mr Tan, 70, will be appointed senior adviser and
      FILE PHOTOS  -  427 words
    • COMPANY BRIEFS
      • Article
        Lock icon Singapore Power unit selling $100m bonds
        147 8 Bloomberg SP Power Assets, a unit 01 Singapore Power, the city's main electricity provider, has hired DBS Group Holdings to help it sell $100 million of bonds for working capital. "DBS is quite confident they will get $100 million. Whether we get more than
        Bloomberg  -  147 words
      • Article
        Lock icon Another Rickmers ship flying Singapore flag
        88 8 RICKMERS Maritime's containership, CMA CGM Azure, is now flying the Singapore flag. The 4,250 TEU vessel is the fourth in the trust's portfolio of containerships to fly the Singapore flag. CMA CGM Azure was reflagged from Marshall Islands to Singapore yesterday afternoon in Shanghai,
        88 words
      • Article
        Lock icon TMC appoints interim CFO
        77 8 TMC Education Corp has appointed Audrey Lee Hoon Ling, 45, as interim chief financial officer to work with the external auditors to have the audit for FY2OOB completed and to finalise the financial statements for FY2OOB, as well as work with the management team and board
        77 words
    • Article
      Lock icon M1'sQ1 profit up 10.3%, helped by tax adjustment
      521 8  -  WINSTON CHAI Results show underlying weakness in core cellular business By A TAX adjustment helped lift Mobile One's first quarter net income up 10.3 per cent to $41.9 million but the gain failed to mask the the underlying weakness in its core
      521 words
    • Article, Illustration
      Lock icon Pacific Shipping charterer planning capital boost
      378 8  -  VINCENT WEE By PACIFIC Shipping Trust (PST) yesterday took the initiative to give an update on developments at one of its charterers, major Latin American line Compania Sud Americana de Vapores (CSAV), which earlier this week said it was in discussions to strengthen its
      FILE PHOTO  -  378 words
    • Article
      Lock icon BH Global Q1 net falls 31% to $3.44m
      376 8  -  JESSICA YEO By BH Global Marine saw a 31 per cent year-on-year fall in first quarter net profit as revenue dipped and cost of sales rose. The group expects the short-term outlook to be challenging, and remains cautious for the rest of
      376 words
    • Article
      Lock icon Funding capital spending a key issue at StarHub
      487 8  -  WINSTON CHAI AGM WATCH By FEARS that Star Hub could initiate a cash call sparked a flurry of questions from shareholders about the operator's capital expenditure (capex) plans for the year at its annual general meeting (AGM) yesterday. Minority shareholder Tan See
      487 words
    • Article
      Lock icon Facility lender seeks US$5.67m payment from FibreChem
      197 8  -  LYNETTE KHOO By I FIBRECHEM Technologies is beginning to feel the fallout from the default on a US$35 million loan facility. One month after disclosing the default, which was triggered by the trading suspension of its shares, the group said yesterday that it
      197 words
  • Page 6 Advertisements
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      Lock icon Page 6 Advertisements Column 1
      505 6 What IT Security Means to !f p^ ulfi fl r!^ rth $371 Professional Services Firms? ».^.^*«.*--«-i--.-*o Here at Jack's Place $10.30++ Date: 22nd April 09 (Wed) Time: 9 00am 11 00am (Includes quality garnishing, condiments, oil, cutleries, gas, electricity, cozy and Venue- National Librar Buildin (Registration starts at 8.30 am)
      505 words
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  • Page 7 Advertisements
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      Lock icon Page 7 Advertisements Column 1
      33 7 I rW/lm f k\ *.\h H ,.,,,J J rrrg sm motors AWeames Company 249 Alexandra Road Singapore *****5 Tel: 6473 1488 www.volvocars.com.sg *lncludes financial rebates. Terms apply. Specifications may vary from picture shown.
      33 words
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  • Page 8 Advertisements
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      Lock icon Page 8 Advertisements Column 1
      222 8 K9 YIBI^V BS m Lianhe Zaobao ||bHSbm^ A rare opportunity to invest fiBH to an established development |^JUim4L^i&U KBIBHHMHMBHi'^^^^ Attractive Prices!! Lllind DGgIPIS financial reporting payroll processing MRT Station at doorstep! thrOQ eton XBRL Filing Payroll Administration U ICC~DLCU SWAT Accounting Leave Administration SoaCJOLIS 3 4 BedrOOITIS StudY I Routine
      222 words
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  • Page 9 Advertisements
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      Lock icon Page 9 Advertisements Column 1
      718 9 V WORLD COURMET SUMMIT =Sfe W GASTRONOMIC STARS UN'QUELy&«sB P on? Proudly Presented By Y-. .FROM 19 APRIL TO 26 APRIL Clftbank* x FINE CUISINE I GREAT WINES I UNIQUE DINING MASTERCHEFS ICONIC CHEF CELEBRITIES SPECIAL GUESTS ATUL KOCHHAR& HEINZ BECK$$$ Benares Restaurant Bar La Pergola, Rome, Italy Dr \r*r*n
      718 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon ST Index falls as weak Wall St seen
      588 10  -  R SIVANITHY STOCKS Penny stocks still in rotational play; property counters mixed despite news of better-than-expected private home sales YESTERDAY'S pullback in the local stock market probably came as no real surprise to most players, given the rampant signs of overheating displayed
      : Bloomberg  -  588 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      102 10 Up Down Unch Up Down Unch Up Down Unch lulti Ind 2 7 8 0 0 0 2 7 8 lanufacturing 75 76 53 15 11 12 90 87 65 Commerce 25 26 19 32 30 23 'pt/Stor/Comms 11 20 10 11 21 12 :inance 18 18
      102 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      117 10 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 42,462 42,462 113,464 113,464 lanufacturing 974,989 159,463 1,134,452 331,873 4,888 336,761 lommerce 712,208 20,243 732,451 129,510 2,796 132,306 'pt/Stor/Comms 201,902 963 202,865 255,379 65 255,443 :i nance 64,504 64,504 388,774 388,774 lonstruction 286,688 19,683 306,371 38,549 237 38,787 'roperties
      117 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      104 10 lapitaLand 2.860 -0.140 lapitaMall 1.290 -0.010 jtyDev 6.360 +0.090 lomfortDelGrc 1.330 -0.040 losco Corp 1.110 -0.010 IBS Grp 9.270 +0.120 :&N 2.650 +0.100 ient Intl 0.605 -0.015 iolden Agri 0.355 -0.030 IK Land 2.400 -0.050 IMH 20.760 +0.080 ISH 11.280 -0.140 lardineC&C 14.260 +0.120 Ceppel Corp
      104 words
    • Article, Illustration
      Lock icon BROKERS' TAKE
      901 10  -  JAMIE LEE Singapore Exchange April 16 close: $6.21 CIMB-GK RESEARCH, April 16 Q3 2009 NET profit of $55.2 miUion was below our expectation and consensus because of weaker-than-ex-pected derivatives clearing fees. 9M 2009 net profit made up only 69 per cent of our FY2009 estimate and 75 per
      : Bloomberg  -  901 words
    • Article, Illustration
      Lock icon US$, euro and NZ$ draw short straws
      517 10  -  LARRY WEE CURRENCIES A BETTER Wall Street close on Wednesday evening led to more losses for currencies such as the US dollar, euro and New Zealand dollar in early trading yesterday, especially versus their Asian counterparts. The higher close for US stocks followed
      Reuters  -  517 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 10 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      59 10 Apr 16 CLOSE VALUE IT OB/OS 1324.00 -58.C IT CADI -*****.00 -36. IT 10-day MA -*****.00+133. TSE ST Mid Cap 388.46 -3.3' TSE ST Small Cap 321.50 -5.01 TSE ST All Share 453.39 -3.6. TSE ST China Top 183.93 -4.7: TSE ST China 180.84 -4.0; IOB Catalist
      59 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      59 10 VOLUME Diqiland 302,859,000 Global Voice 203,827,000 Sunmoon 201,098,000 China Honqxinq 188,682,000 Golden Agri 150,426,000 Chart SemiCond 141,263,000 UniFiber 95,526,000 Jade Tech 81,512,000 Cosco Corp 72,036,000 Yonqnam 62,006,000 VALUE(S) DBS Grp 162,488,860 Capita Land 126,060,250 OCBC Bk 84,865,576 Cosco Corp 82,304,895 UOB 76,249,760 Keppel Corp 74,249,870 Noble Grp
      59 words
    • Article
      Lock icon RISES
      105 10 CLOSE UP ICBC Bk4.5%NCPS 100 8350 70.0 0.8 ;txpo ioo 1296 32.0 2. :iMBAsean40 100US$ 545 24.0 3.' ICBCC i.93%Pref10 7000 20.0 0. iemb Cor| ES.0904 291 20.0 7.. iTI 1900SGAeCW*****9 24.5 15.0 157. MS India 10US$ 876 15.0 1.. &N.ES.0904 264 14.0 5.' iBS Gri 927 12.0 1.
      105 words
    • Article
      Lock icon FALLS
      112 10 iBXT S&P Short 10US$ CLOSE DOWN 7580 -59.9 -0.5 China H 10US$ 1189 -39.0 -2.1 ilA.ES.0904 1070 -34.0 -3.1 ISH 1128 -21.0 -1.2 ICBCCai 5.1%NCPS 100 8900 -20.0 -o.; India Ni 10 1045 -18.0 -1.7 land.ES.0904 286 -16.0 -5.: reat Eastern 900 -15.0 -1.6 .and 286 -14.0 -4.7 ilA
      112 words
    • Article
      Lock icon CURRENCIES
      83 10 Vhere S$ stands Apr 16 %CHNG CLOSE FRApM5 YR2009 S$ LOW S$ HIGH ISS 1.4995 0.11 1.5579 1.4308 iuro 1.9735 0.81 2.0732 1.9150 'ounds 2.2376 0.24 2.2712 2.0356 1.0778 0.36 1.1100 0.9453 ren* 1.5200 -0.21 1.7278 1.4831 lupiah* 0.***** -1.45 0.****** 0.***** !aht* 4.2383 0.03 4.3390 4.1040 •eso* 3.1449
      83 words
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  • SINGAPORE NEWS
    • Article
      Lock icon Hyundai clinches $890m Jurong Rock Cavern contract
      568 11  -  RONNIE LIM It will design and build the first phase, with work starting at year-end By CONSTRUCTION proper of Singapore's underground oil storage project is finally set to start with South Korea's Hyundai Engineering Construction clinching the main $890 million "design and build"
      568 words
    • Article, Illustration
      Lock icon COOL RUNNING
      113 11 YEN MENG JIIN CAUGHT up in the excitement of the sixth annual JPMorgan Corporate Challenge yesterday were Temasek Holdings CEO Ho Ching (centre) and her successor, Charles Goodyear. The challenge this year drew some 10,000 runners from more than 330 companies and organisations. There were several changes to
      YEN MENG JIIN  -  113 words
    • Article
      Lock icon Fares for Circle Line to be same as NEL's
      381 11  -  SAMUEL EE By FARES for the new Circle Line (CCL) will be the same as those on the North-East Line (NEL), the Public Transport Council announced yesterday. Adult fares will range from 73 cents to $2.07 with the use of an
      381 words
    • Article
      Lock icon Two insurance firms launch rent protection scheme
      340 11  -  EMILYN YAP By AS disputes between landlords and tenants hot up, two insurance companies have launched a rent protection insurance scheme to shield residential landlords from rental income losses. Said to be the first in Singapore and Asia, the product from Jardine Lloyd
      340 words
    • Article
      Lock icon Less funds but more fun for this year's May Day
      314 11 EXPENDITURE for this year's May Day celebrations will be almost half of the $1.5-1.8 million in previous years but the spirit of honouring workers' contributions will not be diminished. There will even be two new events the May Day Model
      314 words
    • Article
      Lock icon Water Week set to make a splash
      311 11  -  MICHELLE YEO By CLOSE to 90 per cent of the 12,000 sq m of the Water Expo exhibition space has been sold to date, to more than 140 companies from about 20 countries. So, it's little wonder that the organisers of Singapore International
      311 words
    • Article
      Lock icon NRF seeks ideas for urban living in the future
      308 11 Applicants are to submit white paper by May 22 THE National Research Foundation (NRF) is launching a competitive research grant call for proposals that will address the challenges of high-density urban living. With funding of up to $10 million over three
      308 words
    • SINGAPORE ROUNDUP
      • Article
        Lock icon AIA Singapore appoints new CEO
        53 11 AMERICAN International Assurance Company (AIA) has appointed Kenneth Juneau CEO of AIA Singapore. Mr Juneau, who has served as acting general manager of AIA Singapore since September last year, will continue his existing oversight responsibilities for AIA Hong Kong, regional agency distribution as well as
        53 words
      • Article
        Lock icon Foo Hee Lim estate donates $3.5m to NUS, NTU
        81 11 THE estate of the late Foo Hee Lim has donated a total of $3.5 million to the National University of Singapore (NUS) and the Nanyang Technological University (NTU). The funds will be used to provide financial assistance to needy students across
        81 words
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  • ECONOMY WATCH
    • Article
      Lock icon Recession keeping US inflation risks under control
      628 12 AP Severe inflation from stimulus expected to be at least 2-3 years away [WASHINGTON] So much for fears that flooding the economy with money to fight the financial crisis would ignite inflation. The recession is keeping a tight lid on both prices and
      AP  -  628 words
    • Article, Illustration
      Lock icon Obama vows to reform daunting US tax code
      630 12 Reuters [WASHINGTON] President Barack Obama promised Americans his administration would reform the "monstrous" US tax system as millions faced the dreaded annual deadline on Wednesday for filing income tax returns. Mr Obama used Tax Day a national ritual of public frustration due
      Reuters; AFP  -  630 words
    • Article
      Lock icon US regulators to detail stress-test methods before results
      293 12 Bloomberg [WASHINGTON] The Federal Reserve and other regulators conducting stress tests on the 19 biggest US banks will disclose how they carried out the examinations before any results are released, people familiar with the process said. The regulators plan to publish the
      Bloomberg  -  293 words
    • Article
      Lock icon G-8 farm ministers to meet on food security, supply
      602 12 Reuters Eight other countries have also been invited to the meet [MILAN] Food security and boosting global agricultural output to stamp out hunger will top the agenda of the first ever meeting of farm ministers from major industrialised and developing nations
      Reuters  -  602 words
    • Article
      Lock icon EU factory output posts record drop
      417 12 Bloomberg 18.4% fall in February is sharpest in 23 years [FRANKFURT] Industrial production in Europe contracted by the most on record in February as the deepening global recession curtailed demand for manufactured goods around the world. Output in the euro region fell 18.4 per
      Bloomberg  -  417 words
    • Article
      Lock icon S Korea cuts 2009 export growth target to 51 -year low
      398 12 Reuters [SEOUL] South Korea's government slashed its 2009 export growth target to a 51-year low because of the persistent global slump, and the country's president cautioned those betting on an early turnaround in Asia's fourth-largest economy. Exports this year
      Reuters  -  398 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Court lifts suspension on Zambry, excos
      458 13  -  S JAYASANKARAN Decision allows them to attend state assembly, gives Barisan slim majority By in Kuala Lumpur MALAYSIA'S Federal Court yesterday decreed that Perak Speaker V Sivakumar did not have the power to suspend the state's chief minister Zambry Abdul Kadir and six Barisan
      REUTERS  -  458 words
    • Article
      Lock icon Indonesia's Islamic bond sale gets US$4b in bids
      418 13 Bloomberg [BANGKOK] Indonesia's first-ever international sale of Islamic dollar bonds has drawn orders for more than six times the US$65O million of debt on offer, prompting the arrangers to offer less attractive terms to investors. The five-year notes attracted bids exceeding US$4
      Bloomberg  -  418 words
    • Article
      Lock icon GuocoLand to open two Thistle hotels in Malaysia
      445 13  -  PAULINE NG Two existing hotels undergoing RM5Om refurbishment By in Kuala Lumpur HOSPITALITY and property company GuocoLand Malaysia is bringing the Thistle brand to Asia, kicking off with Malaysia where it hopes that the established name and a RMSO million (5520.8 million)
      445 words
    • Article, Illustration
      Lock icon Banned orang utan trade on the rise
      390 13 Reuters [JAKARTA] More of Indonesia's critically endangered orangutans are being caught for the pet trade now than in the *****, reflecting the country's weak law enforcement, a wildlife protection group said in a report published yesterday. Less than 8,000 Sumatran orangutans remain in
      Reuters; REUTERS  -  390 words
    • Article
      Lock icon Indonesia needs new export markets, says minister
      184 13 -AFP [JAKARTA] Indonesia should find new markets to sustain its economy as exports are expected to drop by 30 per cent in 2009 due to the global financial crisis, a minister said yesterday. Finance Minister Sri Mulyani Indrawati said that the country had
      -AFP  -  184 words
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      1548 13 V*^L f^TT/nr r> To"free: 180°-289-8822 V IVIII Iff r< V Email: notices@sph.com.sg JL^I Vte>/ JL I V,y 1 t,_J www.cats.com.sg IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) and NOTICE PURSUANT TO SECTION 48 (1) (b) IN THE MATTER OF OF THE INSURANCE ACT (CHAPTER 142} FAR EAST ICE
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  • GREATER CHINA/INDIA
    • Article
      Lock icon Sands' Adelson, Stanley Ho agree to cooperate
      653 14 Bloomberg MEETING OF MACAU'S CASINO MOGULS Pay freeze, uniform rates for junket operators and no poaching are some factors [HONG KONG] Las Vegas Sands Corp chief executive officer Sheldon Adelson and gambling tycoon Stanley Ho met yesterday with other Macau casino operators and
      Bloomberg  -  653 words
    • Article, Illustration
      Lock icon Indians start to vote in month long polls
      474 14 ■AP [NEW DELHI] In tiny villages and sprawling concrete cities, tens of millions of Indians voted yesterday at the start of a month long process expected to yield no clear winner as this Asian giant grapples with global economic malaise. The vote
      ■AP; AP  -  474 words
    • Article
      Lock icon China lures global talent with 1b yuan bait
      390 14 AFP It aims to recruit 2,000 specialists over 5-10 years [BEIJING] China has signed up more than 120 overseas specialists for a new project aimed at spurring innovation by offering thousands of academics one million yuan (*****,000) to move to China, state
      AFP  -  390 words
    • Article
      Lock icon India's inflation slows to 20-year low
      407 14 Bloomberg Producer prices rise 0.18%; room for RBI to cut rates further [NEW DELHI] India's inflation slowed to a 20-year low in the first week of April, giving the central bank room to cut interest rates further next week. Wholesale prices rose 0.18 per
      Bloomberg  -  407 words
    • Article
      Lock icon Luxury brands should tap smaller Chinese cities: studies
      306 14 ■AFP [SHANGHAI] Foreign luxury brands looking to win in China need to reach into cities that are barely known to the rest of the world but are home to startling and fast-growing wealth, a series of studies showed. The majority of China's
      ■AFP  -  306 words
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      53 14 taULal THE HEARTBEAT OF THE INDIAN COMMUNITY EXCLUSIVE F0R 4 W READERS WIN 2 TICKETS |L TO WATCH IPL k ACTION IN P? SOUTH AFRICA, COURTESY OF MASTERCARD The Punch-a-mantra candidate ■p i Banker-turned- jfo J politician L^l MeeraSanyal a talks to tabla! P^ V| about her fe^^ five-point plan
      53 words
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      14 14 BWWUiKiisonieomimß^ 1 I SmWS BEST fjJUS^J w niai.fodio9 1»• S|si IMS inmvs Btsr music
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  • ASIA-PACIFIC
    • Article
      Lock icon Thaksin gets Nicaraguan passport
      138 15 ■AP [BANGKOK] Thailand's fugitive former leader Thaksin Shinawatra now has a Nicaraguan passport, complicating efforts to extradite him, as Thai authorities pressed ahead yesterday with a search for his supporters accused of leading riots in Bangkok. The Nicaraguan government said on Wednesday that it had named
      ■AP  -  138 words
    • Article
      Lock icon Polls once stability restored: Abhisit
      462 15 Bloomberg Capital enters fifth day of emergency rule as country returns to work [BANGKOK] Thai Prime Minister Abhisit Vejjajiva pledged to call elections once stability is restored, as offices, banks and the stock exchange opened after an-ti-government riots in Bangkok. The capital and surrounding provinces
      Bloomberg  -  462 words
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      373 15 I Personal Assistant, Personally Appreciated 7 Organic Elaboration (Global Kitchen) Select from a variety of tempting culinary options dedicated to Secretaries' Week. From delightful Afternoon Tea, Aii- y ou-can-eat lunch with organic options (s3B*) exquisite Japanese and Cantonese cuisine to contemporary all-you-can-eat at Global Kitchen, there is something Ex e
      373 words
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon JPMorgan Chase Q1 profit beats estimates
      621 16 Bloomberg Earnings hit USs2.l4b on record fixed-income trading revenue [NEW YORK] JPMorgan Chase Co reported profit for the first quarter that beat analysts' estimates on record fixed-income trading revenue. Earnings fell 10 per cent to US$2.l4 billion, or 40 US cents a share, compared
      Bloomberg  -  621 words
    • Article
      Lock icon Investor group may buy GM's Saturn brand
      518 16 AP, Bloomberg, Reuters [DETROIT] An Oklahoma City private equity firm has teamed up with a group of Saturn dealers in an effort to buy the money-losing brand from General Motors Corp. The proposal from a group led by Black Oak Partners LLC is
      AP, Bloomberg, Reuters  -  518 words
    • Article, Illustration
      Lock icon Renesas, NEC in final stage of merger talks
      444 16 Reuters [TOKYO] Japanese chipmakers NEC Electronics and Renesas Technology are in the final stage of merger talks, sources said, the latest shakeout in an industry wracked by a huge chip glut and a slump in prices. The move would create the world's
      Reuters; BLOOMBERG  -  444 words
    • Article
      Lock icon US mall owner files for bankruptcy
      559 16 Bloomberg General Growth fails to refinance more than USs27b of debt [NEW YORK] General Growth Properties Inc, the second-largest US shop-ping-mall owner, filed for bankruptcy after failing to refinance more than US$27 billion of debt, most of it racked up through acquisitions. General Growth,
      Bloomberg  -  559 words
    • Article
      Lock icon AIG said to be close to offloading car unit
      228 16 Bloomberg [NEW YORK] American International Group (AIG) is close to selling its US car business to Zurich Financial Services for about US$2 billion, the insurer's biggest divestiture since being rescued by the government, people familiar with the move said. Negotiations between
      Bloomberg  -  228 words
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      84 16 Showjour appreciation this Secretaries' Week. For that someone who has helped organise your work life, reward them with a special meal and gifts at Hilton Singapore. _^JH 20"24 April 2009 -^^^^M The Harbour Grill Oyster Bar Checkers Brasserie M Continental Set Lunch Daily Theme Buffet Lunch J^-i IJHli^ik V I
      84 words
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  • AVIATION/SHIPPING
    • Article
      Lock icon Sea Asia '09 returns with gusto
      544 17  -  VINCENT WEE 60% more exhibition space, 39% more exhibitors compared to '07 appearance By [SINGAPORE] Sea Asia 2009, Asia's premier maritime industry show, is returning with a bang despite the recession with 60 per cent more exhibition space and 39 per cent more exhibitors
      544 words
    • Article, Illustration
      Lock icon China Eastern runs up loss of 15b yuan
      351 17 AP [BEIJING] China Eastern Airlines Ltd, one of China's three major state-owned carriers, said that it suffered a 15.3 billion yuan (553.35 billion) loss for 2008 due to high fuel costs, fewer passengers and a wrong-way bet on fuel hedging contracts. The
      AP; AFP  -  351 words
    • Article
      Lock icon Malaysia Airlines mulls carrier buy: report
      222 17 AFP [KUALA LUMPUR] Cash-flush flag carrier Malaysia Airlines is considering acquiring an airline, a local newspaper reported yesterday. Idris Jala, the airline's managing director, said that the tough economic situation had provided opportunities for consolidation. "People always ask why we keep so much cash.
      AFP  -  222 words
    • Article
      Lock icon US to target assets of Somali pirates
      431 17 ■AP Steps outlined by Mrs Clinton largely stop-gap [WASHINGTON] Secretary of State Hillary Rodham Clinton said on Wednesday the Obama administration will take the unusual step of trying to seize the financial assets and property of pirates while working with shippers to thwart
      ■AP  -  431 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        102 17 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KWentures Keppel Corp MTQCorp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship 0.31 0.18 1.11 0.43 0.95 0 41 0.05 0.47
        102 words
      • Article
        Lock icon KLSE
        31 17 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd 0.66 8.55 8.65 3.20 2.91 0.03 -0.01 -0.15 0.05 -0.04 0.01 0.01 69 276 260 1845 50 340
        31 words
      • Article
        Lock icon BANGKOK
        12 17 ■oo ■recious Ship Jegional Cont 12.40 6.50 0.50 ***** 0.10 1885
        12 words
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        Lock icon HONGKONG
        12 17 '000 Doil iingamas Cont .24.85 ...0.55 -1 15 1471 -0.05 *****
        12 words
      • Article
        Lock icon PHILIPPINES
        17 17 '000 Aboitiz Equity Intl Container Keppel Marine 5.60 13.25 unch unch 0.50 unch 105 1353 0
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        Lock icon TAIPEI
        21 17 Evergreen Marine ....19.20 :irst Steamship 46.50 ManHai Lines 16.55 r"ang Ming Marine...13.05 0.75 0.80 0.50 0.85 28 5 7 68
        21 words
      • Article
        Lock icon TOKYO
        40 17 '000 (awasaki Hyy Ind ..208.00 (awasaki Kisen 411.00 Mitsubishi Hvy 315.00 i/litsuiEng&Sbldg...202.00 i/litsui Osk Lines 611.00 Nippon Express 360.00 Nippon Yusen 451.00 'iource: Thomson Reuters 2.00 ***** -4.00 ***** -8.00 ***** unch 8667 -4.00 ***** -1.00 3396 4.00 *****
        40 words
    • Article
      Lock icon Poised between low rates and scrapyard
      402 17 Bloomberg Tough market is putting supertankers in a bad place [LONDON] A plunge in supertanker rates to their lowest in at least 11 years will likely spur owners to scrap ships and cancel orders for new ones, according to Frontline Ltd, the world's largest
      – Bloomberg  -  402 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2611 17 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 Biman Bangladesh Airlines (BBC), Bl Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR
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  • EDITORIAL & OPINION
    • Article
      Lock icon Japan sinking deeper into debt
      488 18 IN his determination to show "leadership", Japan's Prime Minister Taro Aso has declared fresh fiscal stimulus for the nation's sick economy and criticised others indirectly, Germany for being too weak-kneed to follow suit. He is also playing tough politically by refusing to set a date
      488 words
    • Article, Illustration
      Lock icon Taming the economy's animal spirits
      1074 18  -  ROBERT SHILLER There is a need for massive US pump-priming in the face of a Depression-era psychology IN THE Great Depression of the *****, the US government had a great deal of trouble maintaining its commitment to economic stimulus. "Pump-priming" was talked about and tried,
      REUTERS  -  1,074 words
    • Article, Illustration
      Lock icon Obama should reverse policy on US trade embargoes
      776 18 THE BOTTOM LINE ONE of the most dramatic changes in US foreign policy embraced by President Barack Obama has been his decision announced this week on the eve of a summit with the leaders of South and Central America to ease the
      776 words
    • Article, Illustration
      Lock icon There's one born every minute...
      1158 19  -  808 YAP Time and again, people are told if it sounds too good to be true, it's likely to be a scam but there's no shortage of suckers By V HICH five letters turn "investor" into "victim"? The answer is, of course, "Ponzi". In the
      AP  -  1,158 words
    • Article, Illustration
      Lock icon Heating up sales in a downturn
      834 19  -  SATISH SHANKAR DIANNE LEDINGHAM By and WHEN business conditions turn harsh, companies need every dollar of revenue they can find. But is there any way to rev up sales without giving away the store? One powerful method of boosting both revenue and margins is
      AFP  -  834 words
    • Letter
      Lock icon Round up all odd lots in rights issues
      203 19  -  Denis Distant LETTER TO THE EDITOR IN most rights issues, there is provision for application for excess rights and in the sheet of instructions it is usual to find the statement "priority will be given to the rounding of odd lots". This
      203 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8901 20 Transaction date: Apr 16 Hi! !-wks Tel Low Code Com| Sale Cooo) Hi: Low Bu] ?er Seller C'vr •k P/E Smil >ari] 8.5 3 3148 8Telecom 11 2.5 5834 A-Sonic 30.5 12 5000 ABRHIdgs 17.5 5.5 1938 AEI Corp 9.5 1 1100 AEM 23.5 7 2101 APOil 80.5
      8,901 words
    • Article
      Lock icon SGX CATALIST
      1747 21 High Low Code Company Sale C000) High Low Buyer Seller C'vr P/E $mil 20 5 1181 s AAGrp 32 13 8538 t APStrategic 4 05 1501 s Advanced System 14 2 3480 t Adventus 28.5 8.5 3518 s Afor 19 2 1524 t Alantac 19.5 3.5 7814 s
      1,747 words
    • Article
      Lock icon SGX ETF
      364 21 52-Wk Tel h Low Code Last Sale Vol COOP) Day Ih Low Last Quote Buyer Seller Div GrYld Cvr Net MCap P/E Slllil Hi. Col Hi. 108 100 6389 ABFSG Bond ETF 108 982 427 CIMBAsean40 1OOUS$ IIS545 +16 195 149 DBS STI ETF 100 190 +1 2276
      364 words
    • Article
      Lock icon CLOB INTERNATIONAL
      259 21 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
      259 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      9332 21 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!S 1.623/ AIGIF Spore Bond Fund/A 1.218/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 0.79/ APS Alpha Fund (USD)!** 0.53/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.5096/ APS Komaba Global
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      379 22 In local curr In S$ In US$ dy yr dy yr dy yr Index Change Change Change Change Change Change Apr 15 World Index Preliminary 642.2 -0.4 -5.3 -0.2 -2.8 -0.5 -6.! t EAFE Prel liminai 617.9 -0.6 -4.8 -0.6 -4.3 -0.9 -8.3 Euroi Prelim
      379 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      122 22 As at 9am Apr 16 Singapore dollars to one unit rf foreign currency: Currencies Bid Offer s,ust dollar 1.0810 1.1160 .an dollar 1.2390 1.2540 luro 1.9720 1.9970 IZ dollar 0.8590 0.8790 iterlini ind 2.2390 2.2680 JS dollar 1.4900 1.5070 .ocal dollars to 100 units if foreign
      122 words
    • Article
      Lock icon INTERBANK RATES
      156 22 Apr 16 Xierniqht -month -months l-months Overnight mode: 1/4 JS$ 3/16 7/16 9/16 11/16 Offer 1/16 3/16 5/16 7/16 BJd 1 days I month I months months d months months I I. (All 0.40 0.60 1.05 1.35 1.80 2.05 2.25 Offer 0.30 0.50 0.85 1.15 1.60 1.85 2.05
      156 words
    • Article
      Lock icon STOCK INDEX FUTURES
      21 22 Apr 16 STI IIMSCI 232.8 234.2 227.6 "aiwan At 219.7 221.0 219.8 Source: MF Global (S) He. Ltd
      21 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 22 Apr 16 ctf Bid Offer 1-month 1.4979 1.4995 2-months 1.4977 1.4994 3-months 1.4974 1.4992 6-months 1.4969 1.4988 Source: OCBC
      22 words
    • Article
      Lock icon PALM OIL
      59 22 Apr 16 lelivery flonth Opening Range Sett Av Price Price Hi Low Vol Open Done Position May 09 2550 lun 09 2468 lul 09 2425 Hug 09 2394 Total o/p: ***** contracts 2500 2568 2495 2410 2491 2405 2358 2443 2347 2316 2401 2309 Turnover: ***** Market tone:
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    • Article
      Lock icon SGX DERIVATIVES TRADING
      296 22 Apr 16 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES JunO9 SepO9 DecO9 Mar10 98.9550 98.9350 98.7450 98.6500 5434 2388 4417 2438 EUROYEN TIBOR FUTURES JunO9 99.440 99.440 SepO9 99.480 99.480 DecO9 Mar10 99.430 99.430 Jun10 Sep10 Dec10 99.240 99.240 Mar11 99.440 99.480 99.430 99.240 99.440 99.475
      296 words
    • Article
      Lock icon SICOM FUTURES
      178 22 Apr 16 tUBBER Futures (Closing prices) !SS 3 (US cents/kg) /lonth High Low Close Sett Volume (lots) O/l lots) VlayO9 171.5 unO9 lul 09 \ugO9 170.0 iepO9 170.0 DctO9 169.5 171.5 170.0 170.0 168.5 171.5 171.0 171.0 170.0 170.0 168.5 44 40 60 60 188 701 914 1088
      178 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      88 22 Apr 16 'eriod Issue code Maturity Yesterday's Bid Hi< Day's |h Low I-Month BQ*****W 16.07.09 -Year BY*****V 02.11.09 0.27 0.38 3OVERNMENT BONDS >eriod Issue Coupon Maturity code rate Close Bid Hio Day's cjh Low !-Year N5O61OOE 3.125 i-Year NX*****F 3.625 '-Year N*****0S 2.875 O-Year NY*****A 4.000 5-Year NY*****X
      88 words
    • Article
      Lock icon CHICAGO BOT
      102 22 Apr 15 SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low May 09 1035.00 1036.00 1046.50 1028.50 Jul 09 1031.50 1030.25 1041.25 1023.75 Aug 09 1008.50 1006.25 1017.00 1002.50 SepO9 972.50 970.00 981.00 968.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low May 09 36.95 unch 37.27 36.50
      102 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      75 22 CRUDE OIL PRODUCTS Apr IS origin^ t/barrel Close Cham irent blend (1-Mth F) 52.52 -0.83 VTI (Near Mth) 49.49 0.02 iubai (1-Mth F) 51.88 -0.39 "apis blend 55.60 -0.10 i/linas 55.20 -0.10 >RODUCT JS$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 49.50 S1.20 0.0! 1.2! US$/barrel )pec Oil Basket Price
      75 words
    • Article
      Lock icon INTERBANK CROSS RATES
      463 22 Apr 16 AS Rmb Euro HKS IndRsRi Yen Won RM NZS Pak Rs Peso i« Rand Sfr NTS Baht Pound USS Australia 0.870 4.930 0.548 5.592 35.811 77.855 0.712 9.609 2.598 1.264 58.027 34.425 1.081 6.580 0.828 24.387 25.539 0.483 0.722 Canada 1.149 5.665 0.630 6.426 41.149
      463 words
    • Article
      Lock icon SIBOR
      68 22 Apr 16 mth 0.***** 0.***** mths 0.***** 0.***** mths 1.***** 0.***** mths 1.***** 0.***** mths 1.***** 0.***** 2 mths 1.***** 0.***** ;WAP Offer rates mth mths mths (S$) 0.***** 0.***** 1.***** 6 mths 1.***** 9mths 1.***** 12 mths 1.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 1.***** 3yrs
      68 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 22 Apr 16 Against SS lurrencies Bid Offer Against USS Bid Offer >$IUS$ to one unit of foreign currency: Australian dollar 1.0804 1.0823 0.7213 0.7218 'anadian dollar 1.2417 1.2434 0.8290 0.8293 iuro 1.9711 1.9738 1.3159 1.3164 IZ dollar 0.8549 0.8568 0.5707 0.5714 jterlini ind 2.2388 2.2413 1.4946 1.4948
      154 words
    • Article
      Lock icon PRECIOUS METALS
      133 22 Apr 16 /oz) \pr_ \pr_ Hong Kong .ondon 889.00 888.40 890.00 889.40 Apr IS Apr 14 890.45 888.15 891.45 889.15 Source: Thomson Reuters CAST BAR (S$) Apr 16 Buying Sellini Kilobar "46,199.39" ***** PAMP GOLD BARS (SS) Selling Buying gm jam Ogm !0gm iOgm OOgm oz ozUBS Kinebar™
      133 words
    • Article
      Lock icon LONDON METALS
      69 22 Aprls\ minimum, 99.7 jrity (US$/tonne) Co Close Previous Cash 1478.50 1476.50 3 months 1515.00 1513.00 Copper, Grade A (US$/tonne) Cash 3 months 4811.50 4819.00 4673.50 4699.00 Lead (US$/tonne) Cash 1551.25 3 months 1549.00 1481.75 1485.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash *****.00
      69 words
    • Article
      Lock icon LIFFE
      73 22 Apr 15 (£/tonne) Close Prev Hii ih/Low May 09 1762 1797 1806/1758 Jul 09 1728 1764 1777/1725 SepO9 1718 1752 1757/1717 Dec 09 1714 1743 1754/1712 COFFEE (US$/tonne) Close Pev High/Low May 09 1514 1521 1529/1488 Jul 09 1507 1506 1515/1482 SepO9 1514 1513 1522/1490 SUGAR (US tonne) White
      73 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2348 22 BONDS, WARRANTS EXTENDED SETTLEMENT Pel lode Company Last Sale Vol Conv Exer +or- ("000) Ratio Price Disc Gear- Mths ing Left >058AdvanceModulesGrpW*****3 6 susp >036AdvanceSCTLtdW*****9 0.5 3092 Asia Environment W*****4 0.5 unch 200 1 17 156 1.50 1 87 1491 11.00 1 38 196 26.00 40 16 4 1481 Asia
      2,348 words
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      Lock icon Page 23 Advertisements Column 1
      3165 23 m The Business Times Shipping Times m bi^l bF^^l iTTHy yTTn TIjTHH A wan hai international pte ltd uen i99?*****m r^v £^V^| W K^E JHMCOE'BfrjwfjLf VTr/V 1Af nil ■>■.« TEL *****588 (14LINES) FAX:*****163 1 111 I JiTE^TIH BffmSßffrWffßilfflllPß VVI I WAN HAI INtj PHI TEL: <03) *****88S FAX: («3) *****238
      3,165 words
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  • Page 24 Advertisements
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      Lock icon Page 24 Advertisements Column 1
      2825 24 RSSHQHB9^H9|H^HI|rin eastern car liner, ltd 11 it sosas^ I |f-~— 1 specialize in roro heavy lift upto 450 tons WEEKLY EXPRESS SAILING SCHEDULE I I MERLIONACE 60 30 T5/04 18/04 19/04 22/04 VESSEL I VOY I SIN I PKL (IN PORT) I [MB (JIT 2) I NSA (NSId) \R\SL, ASIA/MED
      2,825 words
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  • Page 25 Miscellaneous
    • Miscellaneous
      Lock icon Page 25 Miscellaneous Column 1
      640 25 Taiko (Japanese Drum) player Eitetsu Hayashi, who introduced the unique s^ffc* "|j^ charm of Oriental Taiko music to the West when he made his Carnegie Hall debut with the American Symphony Orchestra in 1984. 1 'Treasures of Japan' will be performed r J^. w on April 17 at 7:3opm at
      640 words
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  • Page 27 Advertisements
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      Lock icon Page 27 Advertisements Column 1
      270 27 W| fc^ I Professional Portfolio Management I^ll mm Valuations, Exit Strategies, mmM Storage Solutions The Highest Qualify investment Grade Wines The Best Prices in Asia MOUTON ROTHSCHILD VALUES MAKE A BIG MOVE World Record Prices set at Sotheby's Hong Kong Auction April 3 rd show a growing awareness in Asia
      270 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Lock icon Page 27 Miscellaneous Column 1
      225 27 CRYPTIC CROSSWORD some say (5) I I I 14 Security zone for motorists 4 Great opportunity fora snook- 1 I Hi er player? (3,5) I I 16 A possible customer survey BAn example of how one golf- Hi I er differs from another? (8) _JBl_HH__M^M^^J__^J_^J_L 17 Commonplace name for a
      225 words
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  • Page 29 Advertisements
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      Lock icon Page 29 Advertisements Column 1
      714 29 irT^T, vT.^TTT"^1.,'. 7! ifffl 5D Hong Kong Funtastk(GHFA) WttmtvAflWl J J .^H I SA TOUK InhOUCP MIT bwwpWipMMMl fl rj^V'i--! KUJ p» mn r nnlninh lau .,nkn»^Hnii mU nnH insight vacations Europe/ 1 OM lUUre mnOUse Pair I |^^gj|l HlHpij Jyt». Trafalgar europe^ontik. holidays k (ftjl J 18 ■19 Apt
      714 words
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  • executive lifestyle
    • Article, Illustration
      Lock icon Projecting their take
      1997 30 As the Singapore International Film Festival goes into full swing this week, the spotlight shines on the works of a tiny group of US-based Singaporean filmmakers who are showcasing their films here. Being neither foreign nor totally Singaporean, what role can they play in Singapore's fledgling film
      1,997 words
    • ARTS
      • Article, Illustration
        Lock icon Objects that tell stories from another time
        737 25 MADHVI SUBRAHMANIAN takes a look at some of the exquisite ceramic tomb sculptures of China's Tang Dynasty that are currently on show here ONE can argue that there is an "afterlife". It certainly seems true for the ceramic tomb sculptures of the Tang
        737 words
      • Article, Illustration
        Lock icon Showing a spectrum of human emotion
        496 25  -  CHEAH UI-HOON By < HE's a master of the Odissi dance form, performing in Sydney for the first time after 25 years. She, a master of Bharatanatyam and Kuchipudi, persuaded to return to the stage after "retiring" as a dancer. Ramli Ibrahim of Malaysia's
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      • Article, Illustration
        Lock icon Kept alive by a timeless, boundless verve
        498 25  -  AMANDA DE GUZMAN By THE 1980s vibe that permeates Andrew Lloyd Webber's Cats demands a particularly talented and cohesive cast to keep the musical relevant. And the group assembled by Lunchbox Theatrical Productions for the show's second run in Singapore certainly fulfils these
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      • Article, Illustration
        Lock icon Divinely sinister and riveting tragicomedy
        308 25  -  AMANDA DE GUZMAN By WITH the way Members Only is marketed, any innocent playgoer unfamiliar with the production would assume that it would be a garden-variety, whip-smart comedy. However, the seemingly benign posters showing stars Daniel Jenkins and Lim Yu-Beng engaging in what looks like
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    • BOOKS/GAMING
      • Article, Illustration
        Lock icon Fulfilling a secret desire
        795 26 PROFILE Award-winning author Preeta Samarasan tells CLARISSA TAN her unlikely journey in becoming a writer and the underlying themes that dominate her creative mind HEN two I paths stretch before you, and the safer route is the one that leads to a dissertation on gypsy music
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      • Article, Illustration
        Lock icon New take on the secret behind 'The Secret'
        939 26  -  KENNETH JAMES The Secret Code of Success: 7 Hidden Steps to More Wealth and Happiness By Noah St John Collins Business Pages: 241 Price: $39.90 (with GST) Rating: B (A if it works!) Reviewed by SUCCESS is a booming business. Each year,
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      • Article, Illustration
        Lock icon Powerful, memorable debut nove
        656 26  -  CLARISSA TAN Evening is the Whole Day By Preeta Samarasan HarperCollins Pages: 340 Price: $27.82 after GST, $26 before GST Rating: A Reviewed by MALAYSIA has produced a strong line of novelists in the past five years, and the latest to volley forth, with a supreme
        656 words
      • Article, Illustration
        Lock icon Red Alert 3's opening salvo on PS3 hits the mark
        578 26  -  LEE KIM SIANG By BEARS, dolphins, giant walking robots, zeppelins Yes, real-time strategy (RTS) game fans, Command Conquer: Red Alert 3 has finally made its way to the Play Station 3. Dubbed the "Ultimate Edition", it promises to serve up
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    • BEER/WINE
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        Lock icon Beers from all over, at palatable prices
        942 27 New beer festival hopes to draw in the curious, reports CHRISTOPHER LIM A BRAND-NEW beer festival kicks off at the end of this month at the Formula One track behind the Singapore Flyer, proving that beer goes with anything, even race cars, no
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      • Article
        Lock icon Tasting highlights at WGS
        1008 27  -  N KYONG By WITH the World Gourmet Summit (WGS) 2009 commencing in less than two weeks, it may be useful to devote this week's column to providing relevant information on forthcoming wine events. Last December, I wrote about Italy's Chianti Classico and briefly touched on the
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    • CINEMA
      • Article, Illustration
        Lock icon Maybe staying single isn't such a bad idea
        532 28 Revolutionary Road has good acting but a depressing story about a marriage breaking down, says GEOFFREY EU EVOLUTIONARY Road, which might otherwise be known as The War of the Wheelers, takes a dark and emotionally devastating look at the breakdown of a
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        Lock icon Bourne-meets-Bond with a high-tech twist
        584 28  -  GEOFFREY EU By TAKEN may not be the most plausible film you watch this year, but it will be right up there on the entertainment scale. This hard-boiled action tale about a one-man wrecking crew in search of his kidnapped teenage daughter in Paris doesn't
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      • SINGAPORE INTERNATIONAL FILM FESTIVAL 2009
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          Lock icon Creating a buzz at the fest
          685 28  -  GEOFFREY EU By THE 22nd edition of the Singapore International Film Festival (SIFF), which opened earlier this week and takes place at various cinemas around town until April 25, is notable for a long-standing tradition of supporting local and regional filmmakers, and also for
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        • Article, Illustration
          Lock icon Just like a made-for-TV movie
          357 28  -  AMANDA DE GUZMAN By LIKE a Hallmark card, Dim Sum Funeral is fraught with both contrivances and good intentions. The movie concerns a modern, up-per-middle class Chi-nese-American family whose members have grown apart from both their roots and one another, only to be brought back
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          Lock icon Fireflies fails to sparkle
          384 28  -  AMANDA DE GUZMAN By WHILE Fireflies in the Garden has moments that resemble deeply-felt mov-ie-making, the independent film with a heavy-hitting cast (Julia Roberts, Willem Dafoe) has an unfinished quality to it. The ambitious storyline involving a large ensemble of complicated characters in complicated situations could
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          Lock icon Poor production with muddled storytelling
          302 28  -  AMANDA DE GUZMAN By THEATRE director Alec Tok's debut feature-length film, A Big Road, is a study in abstraction. There is a vague narrative involving the lives of three women, but the film interweaves them with each other in a manner that offers no concrete
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    • PERSPECTIVE/MUSIC
      • Article
        Lock icon Beware the colour vermillion
        518 29 HELLO. Allow me to introduce myself. I am a well-informed, modern woman concerned about gender equality and women's rights insofar as I am still fighting for the right to park in spaces allotted to the disabled because high heels handicap my ability to walk more than
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        Lock icon Yamagata keeps getting better
        714 29 New arrangements of old songs show how she's grown, says CHRISTOPHER LIM ACHAELYamagata's concerts here must be jinxed. Her debut in Singapore two years ago saw her voice break repeatedly, and on Wednesday night, she was under the weather again with a cold. That's fine though
        JOANNA KWA  -  714 words
      • Article, Illustration
        Lock icon Making a case for local jazz standards
        603 29  -  CHRISTOPHER LIM CD REVIEW Singapore Swing: a jazz album of Singapore songs Jeremy Monteiro MICA Rating: B+ My Romance Matthew Quek True Grace Alone Rating: B- By IT'S no secret that some of the most beloved and inexplicably sacred songs in the canon
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  • Page 30 Miscellaneous