The Business Times, 4 September 2009

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Microfilm: NL30145
Total Pages: 32
1 32 The Business Times
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  • Title Section
    Lock icon Masthead
    23 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg S|Sl A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 123/08/2009 Friday, September 4,2009
    23 words
  • Article
    Lock icon Pfizer swallows a bitter US$2.3b pill
    620 1  -  JOYCE HOOI Pharma giant to pay record fine, penalty for illegal marketing By [SINGAPORE] US-based Pfizer Inc agreed yesterday to pay a record US$2.3 billion in fines and penalties as part of a criminal and civil lawsuit over the unlawful promotion of 13 drugs.
    620 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      47 1 lursi lay lange 1 COMP 1,173.66 +5.65 IIKKEI225 10,214.64 -65.82 1ANG SENG 19,761.68 +239.68 ;et index 665.54 +11.42 JAKARTA COMP 2,322.25 +36.33 1ANILA COMP 2.803.31 -4.90 ;eoulcomp 1,613.53 +0.37 ;henzhenb 493.51 -22.19 IUMBAI IND 15,398.33 -69.13 12 noon EDT Change )OW 9,299.71 +19.04 IASDAQ 1,971.80 +4.73
      47 words
    • Article
      Lock icon PRIME RATES
      29 1 Bloomberg SINGAPORE 5.38 MALAYSIA 5.55 HONG KONG 5.00 INDONESIA 15.916 TAIWAN 4.776 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 2.25 SWITZERLAND 0.52 INDIA 11.75 Source:
      Bloomberg  -  29 words
    • Article
      Lock icon FOREX
      42 1 IS$ (S$ per US$) 1.441 (US$/S$ per 1.631 2.349 :URO (US$/S$/E) 1.429 2.059 Foreign currency per US$ S$ 'EN 92.40 64.10 3.532 2.452 IK$ 7.751 5.380 !AHT 34.05 23.63 lUPIAH 10,113 7,019 lENMINBI 6.831 4.741 INDIAN RUPEE 48.91 33.95 1.194 0.829
      42 words
  • Article, Illustration
    Lock icon Deals stay hot on bungalow fever
    768 1  -  KALPANA RASHIWALA Record year in the offing for good class bungalow sales By [SINGAPORE] Good times continue to roll for the Good Class Bungalow (GCB) market, with some high-profile business personalities involved in the latest transactions. They include palm oil giant Wilmar International's chairman
    YEN MENG JIIN  -  768 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      66 1 OPINION SINGAPORE *&k WINE AVIATION f S'poreans must rely on 8% growth possible f^ll The stuff SIA delays taking IjNMRm., themselves in old age next year rfkZ^ of legends delivery of A3BO jets ST*^%^^^^J PAGE 20 PAGE 2 Kkll PAGE 32 PAGE 4 SSs-a-^HpjEji EVERYBODY'S A CRITIC How should the
      66 words
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 2
      6 1 Editorial: Preventing a bubble. Page 20
      6 words
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  • TOP STORIES
    • Article
      Lock icon Writing on the cards shows big discipline
      645 2  -  SIOW LI SEN 8 credit cards per eligible earner, but billing and rollovers firmly in check By [SINGAPORE] There are more than 6.5 million credit cards swirling around, making it 7.8 cards for every eligible income earner in Singapore, as credit card issuers
      645 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Pfizer swallows a bitter US$2.3b pill
        81 2 US-BASED Pfizer Inc agreed yesterday to pay a record US$2.3 billion in fines and penalties as part of a criminal and civil lawsuit over the unlawful promotion of 13 drugs. The pharmaceutical giant's subsidiary, Pharmacia Upjohn, also agreed to plead guilty to a felony
        81 words
      • Article
        Lock icon Deals stay hot on bungalow fever
        87 2 GOOD times continue to roll for the Good Class Bungalow market, with some high-profile business personalities involved in the latest transactions. They include palm oil giant Wilmar International's chairman and CEO, Kuok Khoon Hong, and Prima Group boss Bernard Cheng. The latest deals have
        87 words
      • Article
        Lock icon Writing on the cards shows big discipline
        80 2 THERE are more than 6.5 million credit cards swirling around, making it 7.8 cards for every eligible income earner in Singapore as credit card issuers wage a desperate battle against the tide of declining plastic consumption. But Monetary Authority of Singapore credit card
        80 words
      • Article
        Lock icon SIA pushes back delivery dates for 8 Airbus A380
        87 2 FACED with its toughest-ever operating conditions and possibly its first full year in the red, Singapore Airlines has delayed taking delivery of the last eight of the 19 Airbus A3 80 planes it is due to receive between 2010 and 2011.
        87 words
      • Article
        Lock icon Majority owner wants to take China Precision private
        55 2 THE investment holding company which holds a majority stake in China Precision Technology has offered to take it private. Dynamic Goal Finance, which currently owns 66.24 per cent of China Precision, will make an exit offer of 28 cents per share in
        55 words
      • Article
        Lock icon UOBAM sets up Japan unit to tap retail market
        72 2 UOB Asset Management has launched a subsidiary in Japan as part of its plans to tap the country's vast retail investor market. Thio Boon Kiat, managing director and chief investment officer of UOBAM, said: "We definitely expect that in the next
        72 words
      • Article
        Lock icon HK's Chiu family is top bidder for hotel site
        87 2 THE Chiu family of Hong Kong that used to run the former Tang Dynasty City attraction in Jurong is poised to make a comeback on the Singapore hospitality scene. A unit linked to the family emerged as top bidder yesterday in
        87 words
      • Article
        Lock icon China drafts new partnership rules to draw foreign firms
        63 2 CHINA plans new rules to allow foreign companies to set up local units in the form of a locally registered partnership, in a landmark move to attract investment, a draft proposal seen by Reuters yesterday showed. The new rules are expected
        63 words
    • Article
      Lock icon YouTube in talks with Hollywood for pay movies
      628 2 ■NYT Agreements with studios will help financially: analysts [SAN FRANCISCO] You Tube, the largest video site, is in negotiations with major Hollywood studios for a deal that would let its visitors pay to watch full-length movies, according to two people briefed on
      ■NYT  -  628 words
    • Article, Illustration
      Lock icon 8% growth possible next year, bullish economist says
      595 2  -  ANNA TEO Citi's Chua upbeat but others remain more cautious By [SINGAPORE] So much for cautious optimism. One of the more bullish forecasters in town now says that GDP growth of more than 8 per cent is "achievable" for Singapore in 2010,
      FILE PHOTO  -  595 words
    • Article
      Lock icon US proposal urges banks to keep bigger reserves
      661 4 -iVIT Bankers traditionally oppose this move as it will lower profits [NEW YORK] Many banks are finally back on their feet. The question now is how to keep them there for good. So after propping up lenders with billions of taxpayer dollars,
      -iVIT  -  661 words
    • Article, Illustration
      Lock icon SIA pushes back delivery dates for 8 Airbus A380
      559 4  -  YEN SREENIVASAN Deliveries will take place between 6 and 12 months later than planned By [SINGAPORE] Faced with its toughest-ever operating conditions and possibly its first full year in the red, Singapore Airlines has delayed taking delivery of the last eight
      AFP  -  559 words
    • Article
      Lock icon I'm a scapegoat, says Pheim ex-staffer
      434 4  -  CHEWXIANG She tells court she was made to take responsibility for UET trades By [SINGAPORE] A former employee of the billion-dollar Malaysian fund Pheim Asset Management said she had been made a scapegoat for alleged market rigging trades, the High Court heard yesterday. The
      434 words
    • Article
      Lock icon Services sector closer to growth in Aug, jobless claims down
      331 4 AP, Reuters LATEST US DATA [NEW YORK] The US service sector inched closer to growth in August, but still contracted for the 11th straight month. The Institute for Supply Management yesterday said that its service index, which covers hospitals, retailers,
      AP, Reuters  -  331 words
  • Page 2 Advertisements
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      Lock icon Page 2 Advertisements Column 1
      160 2 \M I£S SONY QMSSP ©YAMAHA HECO WJ Morel Super Nova 5.1 morel j Music Theatre System 1 i^ 111 Aesthetically pleasing, "6—^f audiophile sound v _J^ fl—i quality with exceptional value. '^BP NOW: $3299 up:***** h ■I^^ Packaged with Yamaha or Onkyo ~£jH IHD Surround Receiver worth $700 Ijl i^
      160 words
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      Lock icon Page 2 Advertisements Column 2
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      84 words
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  • Page 3 Advertisements
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      Lock icon Page 3 Advertisements Column 1
      360 3 .-^'■MW Wbd^ m W Established in 1898, T.M.Lewin is credited with being the ■W''& first to create the coat shirt. As well as offering over 100 shirt fabrics at any one time, T.M.Lewin offers different iv^Qf ''ft?'&\ cuts f°r different body shapes and fashion preferences as *A LJ3t Jmiiii well
      360 words
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  • COMPANY NEWS
    • Article
      Lock icon Majority owner wants to take China Precision private
      524 5  -  FEH SHI NING Dynamic Goal Finance to make exit offer of 28 cents a share By T THE investment holding company which holds a majority stake in China Precision Technology has offered to take it private. Dynamic Goal Finance, which currently owns
      524 words
    • Article, Illustration
      Lock icon DBS makes bid for ING unit: report
      290 5 -Reuters DBS Group, South-east Asia's biggest bank, has made a bid to buy the Asian private banking unit of Dutch banking group ING, sources with knowledge of the deal told Reuters yesterday. ING is selling its Swiss and Asian private banking businesses in
      -Reuters; FILE PHOTO  -  290 words
    • Article
      Lock icon Portek rides distant sects to success
      678 5  -  VINCENT WEE IN THE current environment, it is uncommon to hear the words profit and port operator in the same sentence, but home-grown small port specialist Portek is one of the few to beat the odds with its recently announced more than doubling of
      678 words
    • Article, Illustration
      Lock icon Korean broker quashes talk of exit from S'pore
      687 6  -  OH BOON PING and But Wisa confirms internal review after new team took over By LYNETTE KHOO SOUTH Korean brokerage Woori Investment and Securities Asia (Wisa) has quashed talk that it was pulling out of Singapore merely one year after setting up
      687 words
    • Article
      Lock icon UOBAM sets up Japan unit to tap retail market
      397 6  -  CONRAD TAN It hopes to win more mandates from local fund managers By UOB Asset Management (UOBAM) has launched a subsidiary in Japan as part of its plans to tap the country's vast retail investor market. Thio Boon Kiat, managing director
      397 words
    • Article, Illustration
      Lock icon Henderson seeks to boost Asian funds it manages
      428 6  -  CHEW XIANG By< HENDERSON Group wants to dramatically increase the amount of Asian money it manages as investors start shifting money back into funds, said its chief executive Andrew Formica. The Australia and Lon-don-listed asset management company sources just 5 per cent
      BLOOMBERG  -  428 words
    • Article
      Lock icon OCBC scrip dividend shares fixed at $7.02 each
      247 6 OCBC Bank has fixed the price of each new share issued under its scrip dividend scheme at $7.02. The bank said that the issue price is based on a 10 per cent discount to the average of the volume weighted average prices
      247 words
    • Article
      Lock icon Thai telco stocks soar on 3G expectations
      387 6 Reuters [BANGKOK] Shares in Thailand's top three mobile phone operators, including Singapore Telecommunications unit Advanced Info Service (AIS), rose sharply yesterday on expectation that the long-awaited auction for third-generation mobile phone service licences will happen this year. Despite repeated delays and political obstacles,
      Reuters  -  387 words
    • Article, Illustration
      Lock icon Pacific Century to fight ruling against PCCW buyout
      258 9 -AP [HONG KONG] Hong Kong tycoon Richard Li is planning one last appeal of a court decision that blocked him from buying out PCCW, the city's major telecommunications company. Pacific Century Regional Developments Limited (PCRD), Mr Li's Singaporelisted company, has filed a
      -AP; BLOOMBERG  -  258 words
    • COMPANY BRIEFS
      • Article
        Lock icon China Angel says unit sourcing for land
        65 9 CHINA Angel Food said that Hunan Yiqi (Tech) Agri Products Co Ltd, a 70 per cent owned subsidiary, is sourcing for a suitable land parcel to build and construct a processing facility for agricultural products and other by-products. The group has identified some
        65 words
      • Article
        Lock icon AEM wins claim against Ultro Tech unit
        96 9 ULTRO Technologies said that the High Court had granted judgement in favour of AEM Platronics (S) Pte Ltd in its action against Ultro's wholly owned subsidiary, Ranoda Electronics Pte Ltd. AEM had taken legal action over an amount due and owing from Ranoda
        96 words
    • Article
      Lock icon Tsit Wing shares dip as proposed delisting fails
      399 9  -  LYNETTE KHOO Resolution to take company private didn't clear one obstacle By SHARES in Tsit Wing International Holdings fell 3.6 per cent to 26.5 cents upon resumption of trading yesterday, on news that Fair Link Investments' exit offer has lapsed. The food
      399 words
  • Page 5 Advertisements
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      Lock icon Page 5 Advertisements Column 1
      225 5 C^7 Performance Audi if^oTToTTOi)^ 1 1 i-si J£ffjtQ[(^[jqsrz%z%z VorsprungdurchTechnik 1 Lead where others follow. The Audi A \'fc^ Ip^^^^^^ Audi A 6 Special Edition I^7 A fi f^\^A 2.OTFSI® engine "Award-winning Efficiency 3C Multi Media Interface® (MMI) <> Benchmark in Technology S line bodykit LED lights <> Award-winning Design The
      225 words
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      Lock icon Page 6 Advertisements Column 1
      180 6 Over 5 Million Dollar Jewellery Inventory MUST BE LIQUIDATED! This property shall be offered at this one day auction. Items obtained from govt. auctions plus the addition of goods which constitute the majority. n nlmr j ni'i O nfi/-*+ i^ t Necklace-Dia. oOv Dia 80ct ROUnu Uld. Z.UUCI. Wn iTfi
      180 words
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      Lock icon Page 6 Advertisements Column 2
      60 6 Organized by Co-organized by: -1^ P SINGAPORE-CHINA BUSINESS ASSOCIATION u~~w Speaker: Professor Ng Keelian (Visiting Professor, University of Macau GHf^^T^ i^ Chairman, Hong Kong Society of Asia Pacific 21) fH3 JH Chaired by: Professor Phua Kok KtlOO Venue: Auditorium, SPRING Singapore 4 2 Bukit Merah Central Singapore 1 ***** Date
      60 words
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      Lock icon Page 6 Advertisements Column 3
      12 6 To advertise your f Call toM-free 1800 289 8822 or email notices@sph.com.sg
      12 words
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  • Page 7 Advertisements
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      Lock icon Page 7 Advertisements Column 1
      237 7 PRESTIGE HEIGHTS W 1 M jtsaemiiliUtf -^Mf-~ i B A^ii^fl^^^l Macritthie j k /j x LORNIERD REKrV°'rP" BRADDELLRD TOANGMOKIO *J^*^^ TOAPAYOHMRT/ II H 5^ ToaPayoh Toa Payoh Swimming SAFRA I jlf ■i^^'' L Celebnaes S Town 4 Complix/Spom H^Stadium (Toa Payoh) J r~-Z***MWZ£B —g"—> 1 TOJURONG/CLEMENTI Resort Club TO CHANGI
      237 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon STI recoups Wednesday's losses
      576 8  -  R SIVANITHY STOCKS Index rise helped by gains in China, Hong Kong and the US futures market AFTER dropping 27 points on Wednesday, the Straits Times Index rose 28.43 points to 2,598.36 yesterday, thanks mainly to a 5 per cent bounce in China. Equally instrumental were
      : Bloomberg  -  576 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      96 8 Up Down Unch Up Down Unch Up Down Unch lulti Ind 14 0 4 0 0 0 14 0 4 lanufacturing 112 43 55 11 17 123 51 72 Commerce 44 10 26 10 54 12 28 'pt/Stor/Comms 23 23 11 :inance 16 16 Construction 14 17
      96 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      119 8 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 29,081 29,081 35,634 35,634 lanufacturing 776,764 41,126 817,890 295,675 1,961 297,636 lommerce 238,075 32,159 270,234 154,433 13,667 168,100 'pt/Stor/Comms 236,192 3,096 239,288 241,668 531 242,199 :i nance 39,869 242 40,111 147,435 23 147,458 lonstruction 116,796 32,755 149,551 39,934 2,038
      119 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      104 8 lapitaLand 3.750 +0.090 lapitaMall 1.720 +0.050 jtyDev 9.960 +0.060 lomfortDelGrc 1.580 -0.030 losco Corp 1.230 IBS Grp 12.760 +0.020 :&N 3.980 +0.030 ienting SP 1.140 +0.070 iolden Agri 0.460 +0.010 IK Land 3.900 +0.090 IMH 27.500 -0.020 ISH 16.240 +0.280 lardineC&C 23.260 +0.440 Ceppel Corp 7.700
      104 words
    • Article, Illustration
      Lock icon BROKERS' TAKE
      855 8  -  CONRAD TAN Real estate investment trusts OCBC INVESTMENT RESEARCH, Sept 3 SINGAPORE Reits (S-Reits) have re-rated strongly YTD on the risk rally, but the gains haven't been equally distributed. We are seeing some interesting pockets of yield divergence. Using consensus estimates, Suntec Reit is trading at a yield
      : Bloomberg  -  855 words
    • Article, Illustration
      Lock icon Euro up ahead of ECB meeting; yen falters
      480 8 Reuters CURRENCIES [LONDON] The euro edged higher against the US dollar and yen yesterday ahead of a European Central Bank policy meeting where policymakers are seen leaving interest rates unchanged while upgrading their economic forecasts. The yen retreated from a sev-en-week high
      – Reuters; BLOOMBERG  -  480 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 8 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      60 8 Sep3 VALUE CLOSE IT OB/OS 617.00 +31.C IT CADI -*****.00 +239. IT 10-day MA -*****.00 +62.0i TSE ST Mid Cap 596.74 +7.1 TSE ST Small Cap 546.39 +7.9' TSE ST All Share 639.79 +7.2 TSE ST China Top 278.28 +3.7 TSE ST China 279.13 +3.8 TSE ST
      60 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      59 8 VOLUME Gentinq SP 295,752,000 EMS Ener 100,382,000 China Honqxinq 70,577,000 Sinomem Tech 64,711,000 SATSvcs 58,648,000 *Star Cruises 56,787,000 Golden Agri 52,367,000 Mercator 49,128,000 Fuxinq 40,805,000 Ocean us 39,280,000 VALUE(S) Gentinq SP 334,211,190 SATSvcs 123,268,820 NOL 48,049,180 Olam 44,305,240 Sing Tel 42,072,176 SGX 41,682,140 Sinomem Tech 39,192,420 DBS
      59 words
    • Article
      Lock icon RISES
      106 8 CLOSE UP LD 10US$ 9650 388.8 2.9 iBXT FTChina25 10US$ 2816 51.8 1. lardine C&C 2326 44.0 1. iBXT Ni 10US$ 9592 41.8 0. ISH 1624 40.3 1.: China H 10US$ 1479 30.2 1.. iBS Bk6% NCPS 10 ***** 30.0 0. "IH 136 30.0 28. "ransi W*****1 34 22.5
      106 words
    • Article
      Lock icon FALLS
      111 8 iBXT S&P Short 10US$ CLOSE DOWN 6180 -23.0 -0.3 iBXT FTVietnam 10US$ 5399 -18.7 -0.2 ;txpo ioo 1280 -14.0 -1.1 fxor Emen [in; |Mkts 1 852 -13.0 -1.i LatinAmerica 1 653 -13.0 -1.. IQB 5.05%NCPS 100 9930 -10.0 -0.1 ;GXDBeCW*****7 43 -9.0 -17.3 ;GXMBLeCW*****5 24.5 -9.0 -26.9 EasternEuro 491
      111 words
    • Article
      Lock icon CURRENCIES
      83 8 iere« S$ stands Sen 3 CHNG CLOSE FRScp2 YR2009 S$ LOW S$ HIGH ISS 1.4405 0.20 1.5579 1.4308 iuro 2.0592 -0.32 2.0732 1.9150 'ounds 2.3551 -1.02 2.4366 2.0356 1.2084 -0.77 1.2171 0.9453 ren* 1.5575 0.00 1.7278 1.4831 lupiah* 0.***** -0.05 0.***** 0.***** !aht* 4.2293 0.20 4.3390 4.1040 'eso* 2.9568
      83 words
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  • SINGAPORE NEWS
    • Article
      Lock icon H1N1 found in pigs, but pork safe to eat: AVA
      514 10  -  JOYCE HOOI Agency stepping up monitoring, inspection to ensure food safety here By THE Agri-Food Veterinary Authority (AVA) announced that the HINI virus had been confirmed in 12 pig samples taken from pigs from a farm in Pulau Bulan, an
      514 words
    • Article, Illustration
      Lock icon New SMU institute to drive innovation and entrepreneurship
      384 10  -  LEE U-WEN By SINGAPORE Management University (SMU) has launched an institute to help groom talented business leaders and creative entrepreneurs. The new Institute of Innovation and Entrepreneurship (HE) is open not only to those within the university community but anyone with a
      YEN MENG JIIN  -  384 words
    • Article
      Lock icon NEA ropes in Red Cross to help cut power use
      231 10  -  FELDA CHAY By WITH households accounting for 17 per cent of Singapore's energy consumption, the National Environment Agency (NEA) has developed a programme to train Singapore Red Cross staff and volunteers to carry out energy audits to help people use
      231 words
    • Article
      Lock icon First local firm to win contract to run Beijing pre-school
      182 10 EARLY childhood services provider Crestar Education Group has became the first Singapore company to win a contract to run a pre-school in Beijing. It beat 65 China-based pre-school operators in an online vote in April by residents of the new
      182 words
    • Article
      Lock icon Chiu family is top bidder for New Bridge Road hotel site
      573 11  -  KALPANA RASHIWALA Bid by its unit, Leedon Investments, of $67.7 m is about $401 psf ppr By THE Chiu family of Hong Kong that used to run the former Tang Dynasty City attraction in Jurong is poised to make
      573 words
    • Article
      Lock icon Government's re-introduction of confirmed list 'not surprising'
      455 11  -  UMA SHANKARI By I NATIONAL Development Minister Mah Bow Tan's statement on Wednesday that there is a "definite possibility" that the Government will re-introduce land sales through the confirmed list system from the first-half of next year came as no surprise to property
      455 words
    • Article
      Lock icon Income cap for hospice subsidy entitlement raised
      240 11 THE Ministry of Health (MOH) has raised the income cap for subsidy entitlement for hospice patients, starting next month. Hospice patients whose monthly family income exceeds $5,200 may soon get to enjoy subsidies as well an enhancement from the current system which does
      240 words
    • Article
      Lock icon 4% for special medisave and retirement accounts
      187 11 THE Central Provident Fund (CPF) board will continue to pay an interest rate of 4 per cent on savings in the Special, Medisave and Retirement Accounts from Oct 1 to Dec 31. Since a new floating rate regime took effect in January last
      187 words
    • Article, Illustration
      Lock icon Situation improving, but road bumps ahead
      636 11 NUS BUSINESS SCHOOL THE BUSINESS TIMES CEO LUNCHEON SERIES HSBC banker bullish on Asia's recovery prospects but NUS Business School dean warns of structural flaws, reports PHILIP KERPAN KWEE THINGS are looking up for Asia, which has weathered the crisis much better than the
      636 words
    • Article
      Lock icon Forum for industry players to discuss current issues
      176 11 THE NUS Business School-Business Times CEO Luncheon Series aims to be a dynamic forum for industry captains and academics to discuss and deliberate on current issues. This is one of a number of joint initiatives to provide thought leadership to the business
      176 words
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      Lock icon Page 10 Advertisements Column 1
      142 10 -A SHANGHAI TANG J3/\ women s JTji International Polo J 2 6 September 2009 Singapore Polo Club SILVER LEAGUE FINAL: SATURDAY 5 SEPTEMBER FROM 4PM ONWARDS GOLD CUP MATCH: SUNDAY 6 SEPTEMBER FROM 4PM ONWARDS Guest of Honour: Mr. S Iswaran, Senior Minister of State for Trade Industry and Education
      142 words
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      Lock icon Page 10 Advertisements Column 2
      30 10 '/Ucmned Mr M. Rajaram on his conferment of the Pingat Bakti Masyarakat I IJL (Public Service Medal) Mr and Mrs Cheng Buck Poh (BBM) Mr and Mrs Lee See Kee
      30 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon OECD is upbeat on global recovery
      763 12 Reuters Recovery may come earlier and stronger than forecast, says chief economist [PARIS] The global recession is coming to an end faster than thought just a few months ago and may already be over, according to forecasts published by the Organisation for Economic Co-operation
      Reuters; AFP  -  763 words
    • Article
      Lock icon ECB holds rates at 1%, eyes gradual recovery
      370 12 Reuters Still too early to end stimulus measures, says Trichet [FRANKFURT] The European Central Bank (ECB) kept interest rates unchanged at a record low of 1.0 per cent yesterday, and president Jean-Claude Trichet said that the euro zone economy faced a very
      – Reuters  -  370 words
    • Article
      Lock icon Fed minutes reveal notes of optimism
      597 12 -AP [WASHINGTON] With the US economy on the mend, Federal Reserve policymakers last month felt comfortable slowing the pace of one of its economic revival programmes and not changing any others, according to documents released on Wednesday. Minutes of the central bank's closed-door deliberations,
      -AP  -  597 words
    • Article
      Lock icon Wrong to intervene on yen: Japan lawmaker
      327 12 Reuters [TOKYO] Tokyo should not step into currency markets unless exchange rates move abnormally, a senior lawmaker in the new ruling party said, adding that a strong yen is good for Japan as it curbs import costs. "We should be neutral on currency
      ■ Reuters  -  327 words
    • Article, Illustration
      Lock icon US may need to raise rates rapidly
      488 12 -Reuters, i Bloomberg [CHICAGO] The US economy has sustained a possibly permanent shock that could depress growth in the future; but even so, the Federal Reserve may need to raise interest rates rapidly, a top policymaker of the US central bank said on
      -Reuters, i; Bloomberg; JLJ BLOOMBERG  -  488 words
    • Article
      Lock icon Proposed EU rules on hedge funds criticised
      319 12 Bloomberg [BRUSSELS] London Mayor Boris Johnson and a group of US congressmen have criticised proposed European Union hedge fund rules as too restrictive at meetings with EU lawmakers in Brussels. Congressman Paul Kanjorski told EU lawmakers on Tuesday that the proposed EU rules
      Bloomberg  -  319 words
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  • MALAYSIA
    • Article, Illustration
      Lock icon H1N1 spells boom time for glove makers
      582 13  -  PAULINE NG Shares of Hartalega, listed in April at RMI.BO offer price, soars to RMS By in Kuala Lumpur GROWING international demand, projected at 140 billion pieces this year, are helping Malaysia's glove makers defy the global economic downturn. Industry growth has been
      REUTERS  -  582 words
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      Lock icon Page 13 Advertisements Column 1
      232 13 _^^flßi BBB^^^^^^^^^^MBBl Get set for never-ending fun^^nd keep the w good times rolling this Oktoberfest! Revel with your I mates over a traditional German fare complete with I I I your favourite bottle as you choose from a great m selection of wine labels from all over the world. iTEAU
      232 words
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  • GREATER CHINA
    • Article, Illustration
      Lock icon Minister wants steps to tackle lead poisoning
      404 14 Reuters [DAZHAI] China's environmental protection minister has demanded urgent measures to tackle heavy metal poisoning, state media said yesterday, as anger grows amongst parents with children poisoned by lead. Incidents of lead poisoning have dogged China's heavy metal bases in Shaanxi, Hunan, Henan
      Reuters; REUTERS  -  404 words
    • Article
      Lock icon China drafts new partnership rules to draw foreign firms
      477 14 Reuters In landmark move, foreign firms may set up registered partnerships locally [HONG KONG] China plans new rules to allow foreign companies to set up local units in the form of a locally registered partnership, in a landmark move to attract
      Reuters  -  477 words
    • Article
      Lock icon Banks with low capital barred from new ventures
      231 14 Reuters [BEIJING] China's banking regulator is refusing to allow banks with a capital adequacy ratio below 9 per cent to start new lines of business or open new branches, a government researcher said in remarks published yesterday. Ba Shusong, a vice-director with
      Reuters  -  231 words
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      Lock icon Page 14 Advertisements Column 1
      2963 14 A WATS X^l \±J J- J-^^ A-/ L_ Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg IN THE MATTER OF THE COMPANIES ACT, CAP. 50 And IN THE MATTER OF UIC SHIPPING PRIVATE LIMITED Regn No *****2353 M {In Members' Voluntary Liquidation] Extract of the Extraordinary General Meeting of the members of
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      1 14 I
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      181 14 IN THE MATTER OF THE COMPANIES ACT CAP 50 AND IN THE MATTER OF BARTICA INVESTMENTS PTE LTD Co. Reg. N0.*****2179Z (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act Cap 50 that the Final Meeting of the members
      181 words
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      4322 15 CHINA PRECISION TECHNOLOGY LIMITED DYNAMIC GOAL FINANCE LTD. (Incorporated in Singapore) (Incorporated in the British Virgin Islands) Company Registration Number *****6029N Company Registration Number *****3 Financial Adviser for the Delisting and the Exit Offer -HJfUOB 111 l m m ft JOINT ANNOUNCEMENT PROPOSED VOLUNTARY DELISTING OF CHINA PRECISION TECHNOLOGY LIMITED
      4,322 words
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  • INDIA
    • Article, Illustration
      Lock icon Political kingpin killed in air crash
      469 16 Reuters, Bloomberg YSR Reddy's death could trigger power struggle in Andhra Pradesh [HYDERABAD] One of India's leading political kingmakers was killed in a helicopter crash in stormy weather, officials said yesterday, potentially weakening the ruling Congress party in a key southern state. YSR Reddy,
      Reuters, Bloomberg; U REUTERS  -  469 words
  • Page 16 Advertisements
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      Lock icon Page 16 Advertisements Column 1
      447 16 H-\ r rri Classic Baked Mooncakes eavenly Mid-Autumn Treats *^m Multi-grained White Lotus Paste Savour 12 velvety and mouth-watering mooncake flavours inspired by Master Chef Lai Tong Ping. Choose from traditional Snowskin Mooncakes baked mooncakes, including a multi-grained option for the health conscious or eight classic snowskin creations, perfect j
      447 words
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon Korean cabinet revamp elevates economist PM
      458 17 Reuters President's move aimed to push for pro-business reforms in parliament [SEOUL] South Korean President Lee Myung-bak shuffled his Cabinet yesterday, as he tried to strengthen his push for business-friendly economic reforms through a deadlocked parliament. Tax cuts and labour reform topped the agenda
      Reuters  -  458 words
    • Article, Illustration
      Lock icon Hatoyama assures Obama of close ties
      706 17 Reuters [TOKYO] Japan's new leader Yukio Hatoyama yesterday sought to reassure President Barack Obama on close relations with the United States in a morning phone call. Later, he and Washington's envoy met and agreed to enhance ties. In his phone conversation, Mr Hatoyama said
      – Reuters; AFP  -  706 words
    • Article
      Lock icon Ottawa presses ÜBS for Canadian account holders' data
      284 17 Reuters [TORONTO] Canadian government officials pressed representatives of Swiss bank ÜBS on Wednesday for details of Canadians who might be its account holders, a spokeswoman for the Canada Revenue Agency (CRA) said. Spokeswoman Caitlin Workman said Ottawa keen to clamp down on
      – Reuters  -  284 words
    • Article
      Lock icon BP announces discovery of giant oilfield
      614 18 NYT But it may take years to assess how much crude can actually be found [HOUSTON] BP announced on Wednesday the discovery of what it characterised as a giant oilfield several miles under the Gulf of Mexico, but it may take years to assess
      NYT  -  614 words
    • Article
      Lock icon EC reveals probe into Oracle's bid for Sun
      356 18 ■AFP I [BRUSSELS] Business software giant Oracle's bid for Sun Microsystems is under investigation under EU merger regulation, the European Commission announced yesterday. Brussels "has to examine very carefully the effects on competition in Europe when the world's leading proprietary database company
      ■AFP I  -  356 words
    • Article, Illustration
      Lock icon Dainippon Sumitomo Pharma to buy US drugmaker Sepracor
      367 18 Reuters [TOKYO] Dainippon Sumitomo Pharma will buy US drugmaker Sepracor for US$2.6 billion, giving the Japanese firm a big, local sales force in the world's largest drugs market. Dainippon will pay US$23 cash for each share, a premium of 27.6 per cent
      ■ Reuters; 4 BLOOMBERG  -  367 words
    • Article
      Lock icon WTO must stay vigilant against protectionism
      522 18 Reuters Completing Doha round effective in tackling crisis: Lamy [NEW DELHI] The World Trade Organization must remain vigilant about protectionism as job losses continue to mount in the wake of the global crisis, direc-tor-general Pascal Lamy said yesterday. Many countries had raised trade barriers
      ■ Reuters  -  522 words
    • Article, Illustration
      Lock icon FLOWER POWER
      63 18 REUTERS [HAMBURG] A part of a diorama designed by Germany's Green party is seen at the model railway 'Miniatur Wunderland' here yesterday. The model railway exhibition offered a small diorama to most of the German parties to design their Idealland' (Ideal country) which will be integrated in the
      REUTERS  -  63 words
    • Article
      Lock icon Analysts divided over recovery in global advertising spending
      772 18 -NYT Many agree worst is over but little consensus on strength, timing of rebound [PARIS] Matthieu Coppet has a word of hope for the world's beleaguered media companies, reeling from the deepest advertising slump in memory. All signs point to a relatively
      -NYT  -  772 words
  • Page 17 Advertisements
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      30 17 Luxurious Indulgence at Cortina Watch •En Haute Joaillerie Georg Jensen •H. Sena Jewellers j^k^i Hft^liff' 1 Larry Jewelry Loang Noi Mondial Watches of Switzerland Yafriro Celebrer le Temps fflk^S ELmmJ
      30 words
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  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon WTO ruling on Boeing-Airbus row expected
      1113 19 -AP Ruling over Airbus's govt funding could affect US Air Force's USs3sb contract [GENEVA] Boeing and Airbus expect to find out today who won the first round in their epic trade dispute, when the World Trade Organization rules on a five-year-old US complaint that
      -AP; AP  -  1,113 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2784 19 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), Al India (AC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), Bl R.,» les Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR EVA Airways
      2,784 words
    • Article
      Lock icon PSA to sell 10-year US dollar bonds?
      198 19 Bloomberg [HONG KONG] PSA International Pte, the ports operator owned by Singapore's Temasek Holdings Pte, plans to sell 10-year fixed-rate bonds denominated in US dollars, according to a person familiar with the transaction. DBS Group Holdings Ltd, JPMorgan Chase Co and Nomura Holdings
      Bloomberg  -  198 words
    • Article
      Lock icon Maersk on the prowl after raising US$1.58b
      320 19 Reuters [COPENHAGEN] Danish shipping and oil group AP Moller-Maersk is set to buy up distressed assets after raising US$l.5B billion in a share sale, shipping paper Lloyd's List said yesterday. Maersk said on Wednesday the share sale would give it the financial flexibility
      ■ Reuters  -  320 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        102 19 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KiVentures Keppel Corp MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship 0.57 0.32 1.23 0.62 1.68 0.61 0.06 ....unch
        102 words
      • Article
        Lock icon KLSE
        31 19 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd 0.99 8.84 8.71 3.05 unch 0.02 0.01 0.05 -0.01 0.03 unch -0.01 93 46 70 135 0 211
        31 words
      • Article
        Lock icon BANGKOK
        14 19 '00 Baht Vol 'recious Ship Regional Cont 16.90 12.00 0.20 unch 436) 712!
        14 words
      • Article
        Lock icon HONGKONG
        11 19 '000 Doil iingamas Cont 41.45 1.45 2.95 285! 0.04 *****
        11 words
      • Article
        Lock icon PHILIPPINES
        22 19 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 7.40 20.50 unch unch 0.10 0.25 unch unch 21 545 0 0
        22 words
      • Article
        Lock icon TAIPEI
        14 19 Evergreen Marine ....20.30 :irst Steamship 38.80 /Van Hai Lines 16.55 0.60 2.50 0.10
        14 words
      • Article
        Lock icon TOKYO
        38 19 '000 :awasaki Hvy Ind ..240.00 :awasaki Kisen 391.00 /litsubishi Hvy 370.00 /litsui Eng&Sbldg...248.00 /litsui Osk Lines 567.00 Jippon Express 391.00 Jippon Yusen 390.00 -5.00 ***** -7.00 7626 -5.00 ***** -5.00 6841 -4.00 7412 -5.00 2787 -3.00 5650
        38 words
    • Article, Illustration
      Lock icon Singamas posts first-half loss
      271 19 [HONG KONG] Singamas Container Holdings Ltd, the world's second-biggest maker of sea-cargo boxes, posted a second straight loss as slumping world trade damped demand. The U5527.4 million first-half net loss compared with a profit of US$l3.6 million a year earlier, the company said in a Hong
      271 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Preventing a property market bubble
      514 20 THAT the government is sending a second signal in the space of two months that it is watching developments in the property market underscores its unease over the current real estate boom. And this time, the government has upped the ante a notch, after the
      514 words
    • Article, Illustration
      Lock icon S'poreans must rely on themselves in old age
      894 20  -  SIMON NEWMAN Long-term care requires govt, insurance sector and individuals to take joint responsibility By SINGAPORE has one of the world's fastest-ageing populations, and is projected to be the fourth oldest country in the world by 2050. The demographic shift is leading
      I FILE PHOTO  -  894 words
    • Article, Illustration
      Lock icon Will China heed UN's call for ethnic group rights?
      744 20  -  FRANK CHING THE BOTTOM LINE IN THE wake of riots in Tibet last year and in Xinjiang in July, a committee of United Nations human rights experts has called on Beijing to provide greater protections for ethnic groups. The 18 experts,
      744 words
    • Article, Illustration
      Lock icon Beware the risks from corruption
      1574 21  -  MAX YUEN TEEN Companies can fail if they do not put in place measures to address poor ethics, governance and compliance By Over the last few years, governments and businesses around the world have been busy coping with one major risk event after another financial
      STOCK.XCHNG  -  1,574 words
    • LETTERS TO THE EDITOR
      • Letter
        Lock icon Budgeting for the Apec Summit
        158 21  -  Grace Chong-Tan I REFER to the article "sloom budget for Apec meetings" (BT Sep 2). I, and I am sure many other Singaporeans like myself, would like to express our concerns with regard to the vast amounts of money set aside to host the "year-long
        158 words
      • Letter
        Lock icon The chairman of the Apec Organising Committee replies:
        227 21  -  Koh Lin-Net WE REFER to Ms Grace Chong-Tan's letter on Sept 3. As the host of APEC 2009, we are expecting approximately 15,700 participants to attend some 123 meetings and events throughout the year, including more than 10,000 foreign visitors to visit
        227 words
      • Letter
        Lock icon Astro is collaborating with MCMC
        190 21  -  Rohana Rozhan WE refer to the article "XL denies it is reviewing pay-TV operator's licence" (BT, Sept 3), which made reference to reports that the operating licences of Astro All Asia Networks pic (Astro) are being reviewed by Malaysia's Ministry of Information Communication and Culture.
        190 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      9114 22 Transaction date: Sep 3 52-wks Tel |h Low Code Last Sale Vol Cooo) Hi: Day Last Quote Div Gr Yld Net 111 Low Buyer Seller C'vr P/E M Cap Sinil Hi! Com| ian] 16.5 3 3148 8Telecom 8 2.5 5834 A-Sonic 29.5 12 5000 ABRHIdgs 14.5 5.5 1938
      9,114 words
    • Article
      Lock icon SGX CATALIST
      1752 23 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 M Cap $mil 16 5 1181 s AAGrp 26 12 8538 t APStrategic 4 0.5 1501 s Advanced System 7.5 2 3480 t Adventus 20
      1,752 words
    • Article
      Lock icon SGX ETF
      402 23 _Hm Low Code Comi Sale COOP) _Hm Seller C'vr P/E Smil 110 100 6389 ABF SG Bond ETF 769 427 CIMBAsean40 1OOUS$ 274 149 DBS STI ETF 100 4164 3534 DBXT DJE50 1OUS$ DBXTDJE5OSh 1OUS$ 3076 1682 DBXTFTChina25 1OUS$ 5477 3228 DBXT FTVietnam 1OUS$ 2482 2246 DBXT MSAsExJp
      402 words
    • Article
      Lock icon CLOB INTERNATIONAL
      253 23 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
      253 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      9394 23 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!S 1.946/ AIGIF Spore Bond Fund/ A 1.326/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 1.04/ APS Alpha Fund (USD)!** 0.72/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.5144/ APS Komaba
      9,394 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      363 24 %dy %yr dy yr dy yi Index Change Change Change Change Change Change Se| World Index Preliminary 761.1 -0.5 12.3 -0.5 15.4 -0.6 15.3 t EAFE Preliminai 732.9 -1.0 12.9 -1.0 18.3 -1.1 18.2 Euro[ Prelim inan 1021.3 -0.6 12.0 -0.8 18.6 -0.9 18/ Pacific
      363 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      120 24 As at 9am Sep3 Singapore dollars to one unit rf foreign currency: Currencies Bid Offer s,ust dollar 1.1920 1.2280 .an dollar 1.2980 1.3130 luro 2.0460 2.0690 IZ dollar 0.9630 0.9850 iterlini ind 2.3320 2.3590 JS dollar 1.4340 1.4510 .ocal dollars to 100 units if foreign currency:
      120 words
    • Article
      Lock icon INTERBANK RATES
      157 24 Sep 3 Xterniqht 1/4 -month 7/16 -months 9/16 l-months 11/16 Overnight mode: 5/16 IS$ Offer 1/8 3/16 5/16 7/16 BJd 1 days I month I months months d months months I I. (All 0.35 0.38 0.40 0.43 0.80 1.20 1.30 Offer 0.25 0.28 0.29 0.30 0.60 0.80 0.90
      157 words
    • Article
      Lock icon STOCK INDEX FUTURES
      24 24 Sep 3 STI Se 2599 IIMSCI Se 309.5 313.8 313.5 "aiwan Se 257.7 261.2 259.5 Source: MF Global (S) He. Ltd
      24 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      20 24 Sep3 Bid Offer 1-month 1.4403 1.4417 2-months 1.4405 1.4420 3-months 1.4407 1.4422 6-months 1.4412 1.4428 Source: OCBC
      20 words
    • Article
      Lock icon PALM OIL
      57 24 Sep3 lelivery flonth Opening Range Sett Av Price Price Hi Low Vol Open Done Position iep 09 2334 2304 2334 2320 61 3d 09 2256 2240 2278 2240 2737 tovO9 2226 2218 2258 2218 7323 )ecO9 2220 2210 2250 2210 2712 Total o/p: ***** contracts Turnover: ***** lots
      57 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      296 24 Sep3 URODOLLAR FUTURES >epO9 3ec09 VlariO lun10 99.6725 99.5400 99.3200 98.9650 5293 4070 3033 2927 EUROYEN TIBOR FUTURES >epO9 99.470 99.470 3ec09 99.515 99.515 Vlar10 99.530 99.530 un10 >ep10 3ec10 \/lar11 un11 99.465 99.510 99.530 99.470 99.500 99.530 99.525 99.485 99.445 99.360 99.300 400 225 24 *****
      296 words
    • Article
      Lock icon SICOM FUTURES
      183 24 Sep 3 tUBBER Futures (Closing prices) !SS 3 (US cents/kg) flonth High Low Close Sett Volume (lots) 0/1 lots) 3d 09 Mov09 Dec 09 215.0 Ian 10 213.0 =eb 10 Vlar 10 213.0 213.0 215.0 215.5 215.0 215.5 215.5 215.5 176 40 196 422 697 901 777 442
      183 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      90 24 Sep3 'eriod Issue code Maturity Yesterday's Bid Hi< Day's |h Low I-Month BQ*****H 03.12.2009 -Year BY*****W 03.05.2010 0.32 0.39 0.29 0.28 0.37 0.37 3OVERNMENT BONDS >eriod Issue Coupon Maturity code rate Close Bid Day's High Low !-Year NX*****H 3.625 I-Year NX*****F 3.625 '-Year N*****0S 2.875 0-Year NX*****W 2.500
      90 words
    • Article
      Lock icon CHICAGO BOT
      100 24 Sep 2 (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Sep 09 1009.25 1014.00 1022.50 1002.00 Nov09 951.00 955.50 959.00 942.50 Jan 10 954.25 959.50 961.50 948.00 Mar10 954.00 959.25 960.25 948.50 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low 5ep09 34.12 34.53 34.54 34.05 3d 09 34.30
      100 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      75 24 CRUDE OIL PRODUCTS Sep 2 origin^ t/barrel Close Cham irent blend (1-Mth F) 67.69 -1.1: VTI (Near Mth) 68.06 -0.2I iubai (1-Mth F) 67.81 -1.71 "apis blend 72.30 -3.31 i/linas 69.95 -3.0! >RODUCT JS$/barrel (FOB S'pore) Close Chanqi Naphtha Jet Kerosene S6.45 74.70 -2.11 -1.5! US$/barrel )pec Oil Basket Price
      75 words
    • Article
      Lock icon INTERBANK CROSS RATES
      463 24 Sep 3 AS Rmb Euro HKS IndRsRi Yen Won RM NZS Pak Rs Peso i« Rand Sfr NTS Baht Pound USS Australia 0.923 5.719 0.586 6.490 40.952 84.667 0.773 10.428 2.957 1.235 69.349 40.789 1.206 6.501 0.888 27.544 28.504 0.513 0.837 Canada 1.083 6.195 0.635 7.030 44.365
      463 words
    • Article
      Lock icon SIBOR
      68 24 Sep 3 mth 0.***** 0.***** mths 0.***** 0.***** mths 0.***** 0.***** mths 0.***** 0.***** mths 1.***** 0.***** 2 mths 1.***** 0.***** ;WAP Offer rates (S$) mth 0.***** mths 0.***** mths 0.***** 6 mths 0.***** 9 mths 1.***** 12 mths 1.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 1.*****
      68 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      156 24 Sep 3 Against SS lurrencies Bid Offer Against USS Bid Offer >$IUS$ to one unit of foreign currency: Australian dollar 1.2054 1.2070 0.8371 0.8374 'anadian dollar 1.3058 1.3077 0.9068 0.9073 iuro 2.0578 2.0600 1.4290 1.4292 IZ dollar 0.9756 0.9774 0.6775 0.6781 jterlini 2.3478 2.3506 1.6304 1.6308 IS
      156 words
    • Article
      Lock icon PRECIOUS METALS
      130 24 Sep 3 /oz) Hong Kong .ondon 978.00 952.50 979.00 953.50 Sep 01 Sep 02 951.90 973.00 952.70 973.80 Source: Thomson Reuters CAST BAR (S$) SepO3 Buying Sellini Kilobar "48,362.93" ***** PAMP GOLD BARS (SS) Selling Buying gm jam Ogm !0gm iOgm OOgm oz ozUBS Kinebar™ 108.07 307.09 548.91
      130 words
    • Article
      Lock icon LONDON METALS
      63 24 Sep2 minimum, 99.7 jrity (US$/tonne) Co Close Previous :ash 1811.00 months 1846.00 1810.25 1845.00 Copper, Grade A (US$/tonne) :ash months 6158.00 6174.00 6186.51 6200.01 .ead (US$/tonne) :ash 2099.50 months 2115.00 2063.0I 2076.0I lickel (US$/tonne) :ash months *****.00 *****.01 *****.00 *****.01 'in (US$/tonne) :ash *****.00 *****.01 months *****.00 *****.01
      63 words
    • Article
      Lock icon LIFFE
      72 24 Sep2 (£/tonne) Close Prev Hii ih/Low ,epO9 1890 1824 1890/1831 )ecO9 1910 1848 1915/1844 i/lar 10 1910 1849 1914/1845 i/lay 10 1912 1848 1913/1847 lOFFEE (US$/tonne) Close Pev High/Low iepO9 1411 1374 1408/1385 Mov09 1426 1409 1435/1397 Ian 10 1447 1429 1456/1418 SUGAR (US tonne) White Close Prev High/Low
      72 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2239 24 BONDS, WARRANTS EXTENDED SETTLEMENT Pel lode Company Last Sale Vol Conv Exer +or- ("000) Ratio Price Disc Gear- Mths ing Left Asia-Pacific Strategic W*****6 3.5 >036AdvanceSCTLtdW*****9 0.5 Ascendas REIT.ES.0909 172 S816# Asiasons Capital Ltd W*****7 ...6.5 S756#AsiaticGrp(H) LtdW*****2 7 H05#Asiatravel W*****7 21 1 15 1 15 12 4.71 1 87
      2,239 words
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  • Page 25 Advertisements
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      Lock icon Page 25 Advertisements Column 1
      1602 25 m The Business Times Shipping Times M I^^M W^vl ■:y-u^f-¥.i:ii)jyi l tyji|7-v]i:[mijfi>l m UK CONTINENT SERVICE U.S.A SERVICE Destination Destination STXPOTBN RTM/ANR/TIL STXPO TBN NOL/NFK/SAV/CDN Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE F.E./S.E.A SERVICE Destination Destination SEA MASTER DBI/ABU/BRN/DOH/DAM/KWT STXPOTBN INC/BSN PAGONA H DBI/ABU/DOH/DMM Loads Singapore,
      1,602 words
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      Lock icon Page 25 Advertisements Column 2
      1221 25 WAN HAI INTERNATIONAL PTE LTD UEN: *****4695 M %mT\ IAfALI UAI I Ilirr TEL *****588 (14LINES) FAX:*****163 V, W/\ Vm HAI In t J PKL HL: (03| *****888 FAX: (03) *****288 PEN TEL: (04) *****00 FAX: (04)*****99 VTl__^linil I mi J0H1EL:(07)*****23FAX:(07)*****215UR1EL:(031)*****75FAX:(031)*****14/*****05 T^ JKT TIL: (021) *****88 FAX: (021) *****88 PIM
      1,221 words
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  • Page 26 Advertisements
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      Lock icon Page 26 Advertisements Column 1
      2460 26 PCL/PHL SERVICE AMX SERVICE Connecting ECL SERVICE via MALTA VESSEL VOY SIN I PKG I JEA 18~ SIN I NSA I KHI I JED I DAM I MAR MAR I FXT I HAM I ANR I LEH SEWAK ECLII4SW 24/09 01/10 03/10 06/10 09/10 DECKER PCLO64SS 07/09 08/09 15/09 16/09
      2,460 words
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      Lock icon Page 26 Advertisements Column 2
      15 26 THE ONLY DIRECT SERVICE FROM SINGAPORE TO YANTIAN OTHER CHINA PORTS ENQURIES ARE WELCOME egg
      15 words
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      Lock icon Page 26 Advertisements Column 3
      1030 26 I WEEKLY EXPRESS SAILING SCHEDULE I ALSO ACCEPTING CONTAINERS TO ALL NORTHERN AMD WESTERN INDIAN ICD POINTS VESSEL I VOY SIN I PKL (IN PORT) I [MB UCT2) I NSAINSIOI HOWRAH BRIDGE 0086W 06 SEP 07 SEP 12 SEP OMIT NQRDWELLE VNWO2B 08 SEP 09 SEP 14 SEP 17 SEP
      1,030 words
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  • executive lifestyle
    • Article, Illustration
      Lock icon Everybody's a critic
      1190 27 Did the reputation of Singapore arts take a bad hit at the recent Edinburgh International Festival? How should the arts companies and local arts audience take criticism by overseas reviewers? CHEAH UI-HOON gets feedback while NEIL BEHRMANN gives his perspective of the festival as a long-time fan
      1,190 words
    • Article, Illustration
      Lock icon Sifting through Edinburgh
      550 27 THE Edinburgh Festival, which takes place throughout the month of August every year, is the world's biggest arts melee; and this year, there were some 2,000 shows and 35,000 performances to which a record 1.9 million tickets were sold, despite the recession. The Edinburgh International Festival is
      550 words
    • CINEMA
      • Article, Illustration
        Lock icon Travelling on the Dumpy road of love
        686 28 The Time Traveler's Wife loses track too often to be taken seriously, says JAIME EE AS far as marriage goes, having a time traveller for a husband isn't necessarily a bad thing: He can disappear when his wife is about to get into
        686 words
      • Article, Illustration
        Lock icon Fur-rocious formula to saving the world
        454 28  -  AMANDA DE GUZMAN By/ WITH its stunning visuals and all-star cast, the animated roller-coaster ride of G-Force has box-office victory written all over it. While the plot is a mere afterthought one that involves FBI-trained rodents in a bid to save the world the
        454 words
      • Article, Illustration
        Lock icon Rising above the animal movie genre
        504 28  -  CHRISTOPHER LIM DVD REVIEW By HOLLYWOOD animal movies tend to be rather simplistic affairs that feature anthropomorphic talking dogs or mice, and don't have many nuances. Gu Gu The Cat is quite a different animal. It's a two-hour live-action film adapted from a manga
        504 words
    • MUSIC/GAMING
      • Article, Illustration
        Lock icon Music of the wind is in his blood
        912 29 Luis Serrano Alarcon is so good that, in a rare reversal, one of his pieces has been commissioned to be transcribed for full orchestra, reports CHRISTOPHER LIM TRANSCRIPTION is a time-honoured practice within classical music where compositions are re-arranged so that they
        912 words
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        Lock icon Moving beyond just multiplayer games
        535 29  -  CHRISTOPHER LIM By( EACH of the three major gaming consoles is extended by its own online service, so when you buy one of these boxes, you are investing in more than just a physical electronics product. Nintendo has the Nintendo Wi-Fi Connection and Wii Shop
        535 words
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        Lock icon How big does a touring band have to be?
        633 29  -  CHRISTOPHER LIM By RECREATING a studio album on the concert stage can be a tall order, and some artists travel with huge touring bands so that they can play everything live. There are also DJs whose musical genres allow them to
        CHIA SHI-LU  -  633 words
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        Lock icon Coherence governs compilation quality
        661 29  -  CHRISTOPHER LIM CD REVIEW Divos Divas Decca Rating: B Feel Rhino Rating: B+ Oldies 101 Universal Rating: C+ By THE very concept of compilation CDs is a contentious one. Purists deride them as superficial jumbles, while others hail them as a great alternative to buying a
        661 words
    • ARTS
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        Lock icon A doggy tale with an ever-increasing cast
        913 30 Renowned photographer William Wegman, who is having his first solo exhibition in Singapore, tells CLARISSA TAN what fun it is to snap pictures of flying dogs THREE dogs are bounding around William Wegman as he speaks. The well-known artist and photographer of dogs
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        Lock icon The curious case of modern men
        575 30  -  CHEAH UI-HOON By ONE ingenious beer commercial on TV offers a refreshing take on gender differences which may well explain why it's such a hit. You may have seen it: women screaming at a huge walk-in closet, while next door, the men are shrieking
        575 words
      • Article, Illustration
        Lock icon Fairy tale comes alive on ice
        598 30  -  MELISSA QUEK By DANCE or ice-skating? It's difficult to categorise the Imperial Ice Stars' Cinderella on Ice but for sure, it's one heck of an entertaining performance that will have you holding your breath or gasping in awe throughout. Sometimes even simultaneously. Cinderella on
        ROBERT WORKMAN  -  598 words
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        Lock icon dams you'll fall in love with
        749 31 This year's da:ns festival will see artistes and dance groups from different countries collaborating on stage, reports CHEAH UI-HOON COLLABORATIONS the ones which are intercultural as well as international will set the tone for this year's da:ns festival at the Esplanade. This year's line-up
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        Lock icon A triple bill of dance appreciation
        430 31  -  UMA SHANKARI By UNDER its new artistic director Janek Schergen, the Singapore Dance Theatre (SDT) has taken on the task of educating local audiences about dance appreciation. And one way to do this, of course, is to bring previously unseen renowned works here. With
        TAN NGIAP HENG  -  430 words
    • WINE/NIGHT OUT
      • Article
        Lock icon The stuff of legends
        1054 32 N X YONG samples wines of historic significance, as well as some curiosities ON a quick trip to Germany recently, I was fortunate to "stumble" upon an extraordinary tasting led by a good friend, Heinz Schmidt of Monchengladbach, at the famous Zur Traube Restaurant of another
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      • Article, Illustration
        Lock icon Bringing the Brazilian vibe to Singapore
        387 32  -  MELISSA LWEE By I AS a man who sees music as a way to unify people, celebrity Brazilian DJ Felipe Venancio entered the industry because he was seduced by the idea of being able to literally orchestrate the emotions of people. "For the DJs
        387 words
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      26 28 taMat THE HEARTBEAT OF THE INDIAN COMMUNITY Feel the Force Force India score their first F1 points HELPING HANDS Indians are doing i s Jar- S0&
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      116 28 A decade 0f... The Singapore Exchange's roles have evolved and grown over the years it is the money-making machine, the Asian gateway, a regulator and an innovator. Find out more in Pulses as it celebrates its 10th birthday this year. Also, delve deeper to understand the driving force behind Oceanus'
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      23 28 HOT IPO Attract more interest from investors. Place your IPO notice in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. MATS NOTICES
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      536 30 E9iHlJUiiili!£l irJMUto representative of Poon's different phases, irom his formative years m painting to his subsequent venture r Sl^y collections, and includes a significant i% donation made by the Poon family in 2007. The exhibition will be on from Sept 5 Museum, 61 Stamford Road. M Wi r Mendelssohn's music
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      1919 31 A WATS NEWSPAPER NOTICE NOTICE IS HEREBY GIVEN that pursuant to Section 76(10)(h) of the Companies Act (Cap. 50) of Singapore (the Companies Act), the following resolutions were duly passed as special resolutions at an extraordinary general meeting of SAMSONITE SINGAPORE PTE LTD (Company registration no. *****8229E) (the Company) deemed
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