The Business Times, 19 October 2009

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Microfilm: NL30173
Total Pages: 28
1 28 The Business Times
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  • Title Section
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    23 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 123/08/2009 Monday, October 19,2009
    23 words
  • Article, Illustration
    Lock icon Fastest recovery on record is cause for concern
    758 1  -  TEH HOOILING Sentiment index reaches heady, pre-crisis levels of Q3 2007 By [SINGAPORE] While the jury is still out on whether the recovery we are seeing today will be "V" or a "W" shaped, investors are becoming as euphoric as they were
    : ING  -  758 words
  • Article, Illustration
    Lock icon CAD probes transfer of millions out of joint-venture firm
    846 1  -  CONRAD TAN By [SINGAPORE] The Commercial Affairs Department (CAD) is investigating a complaint filed by the managing director of a large, privately held Russia-Singa-pore joint venture firm here against three men linked to the firm, alleging that they transferred millions of
    846 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      44 1 DINING OUT i^Mfe BizlT HOCK LOCK SIEW VIEWS FROM mk fl VV 1 French country Jj Windows 7 tipped to New company-issued THE TOP i pleasures Jj soar in Singapore warrants worth a Weathering the storm S^r- PAGE2I J PAGE2B Secondlook PAGES PAGES 10-11
      44 words
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  • TOP STORIES
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Investor euphoria worries market watchers
        55 2 WHILE the jury is still out on whether the recovery we are seeing today will be "V" or "W" shaped, investors are becoming as euphoric as they were during the height of the stock market boom in the third quarter of 2007 which is worrying
        55 words
      • Article
        Lock icon CAD probes transfer of funds out of joint-venture firm
        58 2 THE Commercial Affairs Department is investigating a complaint filed by the managing director of a large, privately held Russia-Singapore joint venture firm here against three men linked to the firm, alleging that they transferred millions of dollars out of the firm
        58 words
      • Article
        Lock icon Asia-Pac headed for bigger pay hikes next year
        93 2 WITH the economy bouncing back, salaries in the Asia-Pacific are set for bigger jumps next year to forestall job hopping, as bosses return to staff-poaching to meet rising orders, says a recent poll by HR Business Solutions. Regional pay hikes in 2010,
        93 words
      • Article
        Lock icon Growing concern in Asia over currency volatility
        66 2 THE US Treasury last week declared that the "undervalued" Chinese yuan is not a result of manipulation of the currency. But even as Washington sidesteps what could have been a politically-damaging charge against Beijing, some Asian capitals are expressing growing concern over the
        66 words
      • Article
        Lock icon S'pore firms rank high in value creation listings
        75 2 SINGAPORE firms topped two of the Boston Consulting Group's lists for value creation in its latest report. Dairy Farm beat McDonald's to be ranked first in the retail industry, based on an average annual total shareholder return of 26.2 per cent from
        75 words
      • Article
        Lock icon Nanyang Business School improves MBA ranking
        86 2 NTU's Nanyang Business School has risen 10 places on The Economist magazine's annual global full-time MBA rankings. The Nanyang Masters in Business Administration programme is now 71st in the world, up from 81st last year. It also improved its standing in the Asia and
        86 words
      • Article
        Lock icon US$1.42t deficit could spark another crisis
        100 2 WHAT is US$l.42 trillion? It's more than the total national debt for the first 200 years ofthe US, more than the entire economy of India, almost as much as Canada's, and more than U554,700 for every man, woman and child in the United States.
        100 words
      • Article
        Lock icon Ambani brothers' feud over gas supply goes to top court
        52 2 WITH at least US$l7 biUion at stake, Anil Ambani and his brother Mukesh are locked in an increasingly bitter fight over India's biggest natural gas deposit and their battle is scheduled to go before India's Supreme Court tomorrow. GREATER CHINA/INDIA,
        52 words
      • Article
        Lock icon Windows 7 tipped to soar in Singapore
        52 2 WINDOWS 7, arriving in stores and on new computers this Thursday, has been tipped to be a hit by one of Singapore's largest IT retailers, while a senior Microsoft Singapore official predicts it will become Microsoft's fastest-selling computer operating system in Singapore. BIZIT,
        52 words
    • MARKETS DIGEST
      • Article
        Lock icon MARKETS
        54 2 Weekly 2,708.12 hange +55.61 >T Index 1COMP 1,256.77 +22.95 IIKKEI 225 10,257.56 +241.17 IANG SENG 21,929.90 +430.46 ;et INDEX 717.12 -29.75 JAKARTA COMP 2,515.81 +41.41 1ANILACOMP 2,922.82 -19.96 ;eoulcomp 1,640.36 -6.43 IHENZHEN B 525.18 +5.18 IUMBAI IND 17,326.01 +683.35 )OW 9,995.91 +130.97 IAS DAI 2,156.80 +17.52 ;&P 500 1,087.68
        54 words
      • Article
        Lock icon PRIME RATES
        37 2 Bloomberg SINGAPORE 5.38 MALAY SIA 5 55 ?nn HONG KONG 5.00 NDO NESIA 164 03 JaWAN 4776 JApAN .^ZZZZZZI A7S KOREA 9 33 BRITAIN 0 50 US ..................................3.25 CANADA 2 25 switzerland"!!!!!!!!!!!!!!!!!!!!!!!!!o!52 INDIA 11.75 Source:
        Bloomberg  -  37 words
      • Article
        Lock icon FOREX
        44 2 IS$ (S$ per US$) 1.393 (USS/SS per 1.631 2.272 EURO (US$,S$/E) 1.490 Foreign currency per US$ 2.075 S$ 'EN 91.10 65.40 3.374 2.422 7.750 5.565 !AHT 33.45 24.01 1UPIAH 9,395 6,746 1ENMINBI 6.827 4.902 INDIAN RUPEE 46.28 33.23 1.087 0.781 IZ$ 1.346 0.967
        44 words
    • Article
      Lock icon Asia-Pac workers expect pay increases next year
      768 2  -  CHUANG PECK MING Pay in the region seen to rise by an average 4.8% in 2010: HRBS poll By [SINGAPORE] With the economy bouncing back, salaries in the Asia-Pacific are set for bigger jumps next year to forestall job hopping, as bosses return
      768 words
    • Article, Illustration
      Lock icon Investors brace for this week's earnings roller coaster
      1063 2  -  ANDREW MARKS WALL STREET INSIGHT By in New York JUST as the mood was getting positively giddy on Wall Street, what with the Dow Jones Industrials sitting tall atop the 10,000 mark for the first time in a year, investors were reminded
      AP  -  1,063 words
    • Article
      Lock icon eSys, Seagate agree to settle all claims in dispute
      264 2  -  TEH SHI NING By [SINGAPORE] IT components distributor eSys Technologies and hard disk drive maker Seagate have agreed to settle all claims against each other with neither admitting liability, thus ending a three-year-long dispute. Both companies agreed to keep the terms
      264 words
    • Article, Illustration
      Lock icon Companies now held to higher standard of CSR
      771 4  -  JOYCE HOOI Corporate social responsibility more than just token actions By [SINGAPORE] At a rarefied power lunch in New York, it slowly sank in that corporate social responsibility (CSR) has become more than executives in suits planting token trees for photo opportunities.
      BLOOMBERG  -  771 words
    • Article
      Lock icon Asia concerned over currency volatility
      678 4  -  ANTHONY ROWLEY Govts intervene in markets to protect export industries By. in Tokyo THE US Treasury last week declared that the "undervalued" Chinese yuan is not a result of manipulation of the currency. But even as Washington sidesteps what could have been a political-ly-damaging charge
      678 words
  • Page 2 Advertisements
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      Lock icon Page 2 Advertisements Column 1
      272 2 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 1 NOTICES TJ^ Planning your group retreat? Be it corporate incentive, WMW^ conference packages, teambuilding, free easy..... Book your group retreat with us today! The Leading Operator J
      272 words
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      297 3 s^l I ty= wmt 4 t Ar-\ A M: y gJM jmMwwwwwSi^^ti^MwmWA&i'*t:- mm*: mmmmmS ik V a team of brothers who V i with $10,000, transformed a vision into a global enterprise Phua Yong Tat Phua Yong Pin "r ii HTL W^\ yf J A -mMMWS*^ J ~^9v^ -n imMM%W^^tfP^jm\&^
      297 words
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  • Page 4 Advertisements
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      Lock icon Page 4 Advertisements Column 1
      460 4 mmtu'TxfSmmw *^JL."^ JrJ IB^ Best Cruise Operator, Asia B^^""*" .^^^i 2008 2009 I§> W/f CLIMB MOUNTAINS V *J>jA AT SEA. WHY NOT? YsMIV MB £A\\* c ~s®c°* PJ W^^^^^mmmM fl II V 5> *fre «<\*N mwaw^A^mM m\ W W ■jyjgi4igTn»vu>KT^ Ss2oo* OFF Deluxe Balcony Stateroom Ss2oo* OFF Deluxe Balcony Stateroom
      460 words
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  • COMPANY NEWS
    • Article
      Lock icon New companyissued warrants worth a second look
      674 5  -  R SIVANITHY OVER the past year or so, the local warrants segment has undergone a subtle but nonetheless significant metamorphosis. Right up until this time last year, it were structured warrants which dominated the landscape and nary was there a company-issued warrant in
      674 words
    • Article, Illustration
      Lock icon S'pore firms rank high in value creation listings
      681 5  -  JOYCE HOOI Dairy Farm and SMRT top their sectors in latest BCG report By SINGAPORE firms topped two of the Boston Consulting Group's lists for value creation in its latest report. Dairy Farm beat McDonald's to be ranked first in the retail
      FILE PHOTO  -  681 words
    • Article
      Lock icon Yoma expects to ride on property market's recovery
      404 7  -  UMA SHANKARI Pick-up in China's second-tier cities gives a boost to company's projects By YOMA Strategic Holdings should continue to be profitable in the current financial year as it rides on a recovery in the property market in China and Singapore, chairman
      404 words
    • Article, Illustration
      Lock icon MAKE A RUN FOR IT
      84 7 DBS head of consumer banking Rajan Raju flagging off staff from the DBS Telepark Branch as they embarked on their leg of an 87-branch, 180 km relay race to raise funds for underprivileged children across Asia. More than 200 DBS and POSB employees took six
      84 words
    • Article
      Lock icon COMPANY MEETINGS
      454 7 Memstar Tech A E SGX Auditorium, 2 Shenton Way, #02-00 Podium, SGX Centre 1, 2.30pm Singapore *****4 19-Oct 3.00pm Pan Hong Prop S CIMB-GK Investment Centre, 50 Raffles Place, #01-01 Seminar Room 1, Singapore Land Tower, Singapore *****3 19-Oct 10.00am Lasseters Intl A Sir Stamford II Room, Mezzanine
      454 words
    • Article
      Lock icon PRIME LENDING RATES
      390 7 Oct 16 BANKS ABN Amro Bank NY 5.5 Agricultural Bank Of China 5.5 ANZ Banking Group 6 Arab Bank PLC 5.5 Banco Bilbao Vizcaya Argentaria, S.A 6 Bangkok Bank 6 Bank Julius Baer Co. Ltd(S) 5 Bank of America NA 5 Bank of China Limited 5.5 Bank
      390 words
  • Page 5 Advertisements
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      Lock icon Page 5 Advertisements Column 1
      49 5 E;^ JACKPOT $1,500,000~ TODAY! Sales Close at 6pm Draw at 6.30pm at PoMo SINGAPORE |PLAY(4> Always play with care. Towards Community W^mM |resgbnsiblyf Do not bet illegally. Purpose and Benefit J RCBRegNo. *****0202S I^^H POOLS I Call 6-222 6868 now Account Serve I for the Accounting Specialists www.Accountserve.com.sg I
      49 words
    • Advertisement
      Lock icon Page 5 Advertisements Column 2
      76 5 ..0« f#o,',? °*'0,-o Energy from algae. The energy from algae holds potential as an economically viable, low emissions transportation fuel. ExxonMobil is joining with Synthetic Genomics Inc., as part of a major long-term research and development program aimed at developing algae as a viable fuel source. And because they consume
      76 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Some good advice from John Maynard Keynes
      676 6  -  R SIVANITHY STOCKS HERE in a nutshell, is the current sentiment when it comes to stock markets: most people hope the rise will continue and while many brokers, economists and analysts publicly speak of a sharp, V-shaped recovery underpinning markets, they would also
      676 words
    • Article
      Lock icon Asian units mixed against greenback
      410 6 -AFP CURRENCIES [HONG KONG] Asian currencies ended last week mixed against the US dollar, with investors selling both the yen and the US unit in favour of high-er-yielding currencies, such as the Australian dollar. Japanese yen: The yen fell back against the dollar in the
      -AFP  -  410 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      619 6 Legends US$; Rmb; HK$; A) As; Pound; Rupiah; Yen; Euro; AA) Baht; RM; Peso; AAA) Rs; NT$; (aj) Final Tax Exempt; (ak) Final Tax Exempt (One Tier); (an) First and Final Tax Exempt (One Tier); (as) Interim; (aw) Interim Tax Exempt (One Tier); (ax) Interim Tax Not Appjicable;
      619 words
    • Article
      Lock icon Gold strikes record high; oil hits one-year peak
      332 6 ■AFP COMMODITIES [LONDON] Gold prices rocketed to a record high beyond US$l,O7O per ounce last week, while oil bounced to a one-year peak, as the US currency crumbled in value against the European single currency. A fading US unit makes dol-lar-priced raw
      ■AFP  -  332 words
    • Article
      Lock icon BROKERS' RECOMMENDATIONS
      1348 6 Consensus No. of Forecast Mean Fri's recommendation esti- EPS PE target price This wk Last mth mates (cents) (ratio) price Company name Allgreen Properties 2.09 2.09 11 6.76 17.32 1.28 1.15 S.RA Asset M 2.00 2.00 7.50 11.33 1.03 0.87 Ind 1.50 1.50 2 2.20 11.59 0.32 0.25
      1,348 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 WEEKLY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      62 6 CLOSE BT OB/OS 625.00+351.0 BT CADI -*****.00 -18.00 BT 10-day MA -*****.00 +62.00 FTSE ST Mid Cap 633.50 -0.23 FTSE ST Small Cap 546.92 +0.42 FTSE ST All Share 667.30 -0.80 FTSE ST China Top 280.61 +0.61 FTSE ST China 295.90 -0.69 FTSE ST Catalist 1384.33 +31.94
      62 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      60 6 VOLUME Transcu Grp 485,492,000 Golden Agri 457,997,000 Genting SP 337,057,000 Uni Envtech 217,768,000 Yinq Li 188,580,000 Swing Media 182,577,000 Memstar 159,663,000 UniFiber 149,481,000 ChinaTaisan 146,434,000 Gallant 141,012,000 VALUE(S) Genting SP 383,517,220 DBS Grp 317,750,569 Sing Tel 295,833,242 Capita Land 270,893,903 UOB 235,422,524 OCBC Bk 228,743,300 Golden Agri
      60 words
    • Article
      Lock icon RISES
      108 6 CLOSE UP ***** 641.8 4.3 DBXT Ni 10US$ DBXTDJE50 10US$ 4626 556.8 9.5 DBXT FTVietnam 10US$ 5763 485.8 6.4 DBXT MSEuroi 10US$ 4407 373.1 6. Jardine C&C 2654 136.0 5.4 LatinAmerica 1 816 119.7 11.: Emeri |in. |Mkts 1 981 112.8 9.0 DBXT FTChina25 10US$ 3115 78.0 1.8 UOB
      108 words
    • Article
      Lock icon FALLS
      115 6 Closing prices are in trading currencies, but absolute difference is in Ss. DBXT S&P Short 10US$ CLOSE DOWN 5610-206.0 -2.6 JMH 3000-136.4 -3.2 Asia Pac Brew 1198 -12.0 -1.0 STI 2750BNPePW*****9 14.5 -11.5 -44.2 "halleni W*****8 13 -10.0 -43.5 Total Access 118 -9.7 -5.6 OCBC Bk BNPeCW/*****9 29.5 -9.5
      115 words
    • Article
      Lock icon CURRENCIES
      85 6 iere stam ids USS Oct16 CLOSE I CHNG FR0O15 YR2009 S$ LOW S$ HIGH 1.3940 -0.31 1.5579 1.3897 Euro 2.0785 -0.20 2.0897 1.9150 Pounds 2.2738 -0.40 2.4366 2.0356 AS 1.2851 -0.48 1.2851* 0.9453 Yen* 1.5289 0.92 1.7278 1.4831 Rupiah* 0.***** 0.33 0.***** 0.***** Baht* 4.1687 -0.47 4.3390 4.1040 Peso*
      85 words
    • Article, Illustration
      Lock icon All portfolios put on decent gains
      1497 8  -  TEH HOOI LING BUOYED by strong economic data as well as positive sentiment on Wall Street, all our portfolios put on decent gains last week. Staging the strongest rebound was the one-year top losers portfolio. It added 4.4 per cent last week, bringing its
      1,497 words
    • Article, Illustration
      Lock icon Trades by directors, funds remain low
      1431 8  -  ROBERT HALILI INSIDE MARKETS By TRADING by directors was low for the fourth straight week based on filings on the Singapore Exchange from Oct 12 to 16. A total of 15 companies recorded 29 purchases worth $6.6 million versus six firms with 12 disposals
      : Asia Insider Ltd  -  1,431 words
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      Lock icon Page 7 Advertisements Column 1
      17 7 Head to BvKßffißkr^ml CATS FASTADS in EfftiNtfttHPHV The New Paper h^M^y^lM^^^l for education options! KJMIll«I»T»[Fll MMti^WM^Mifc^m WBmjKjMMMM
      17 words
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      Lock icon Page 7 Advertisements Column 2
      1572 7 nHnanvp Si//\ FULLY UNDERWR|TTEN rights issue Indiabulls Properties Investment Trust ("IPIT") <1) is a Singapore-based BT with a quality asset portfolio comprising two prime commercial development properties (One Indiabulls Centre and Indiabulls Finance Centre) located in the Lower Parel business district of Mumbai India's premier commercial centre. Offering exposure to
      1,572 words
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  • SINGAPORE NEWS
    • Article
      Lock icon Nanyang Biz School improves MBA ranking
      339 9  -  TEH SHINING It is now 71st in the world on The Economist list, up from 81st last year By NTU's Nanyang Business School has risen 10 places on The Economist magazine's annual global full-time MBA rankings. The Nanyang Masters in Business Administration programme is
      339 words
    • Article
      Lock icon Laguna Park owners mull lower sale price
      346 9  -  TEH SHINING By OWNERS of units at Laguna Park, whose $1.2 billion collective sale bid failed last week, are now considering a lower sale price of between $950 million and $1 billion. The new range works out to between $693 and $723 per
      346 words
    • Article
      Lock icon State Bank of India to scale up S'pore operations
      256 9 INDIA'S largest bank, the State Bank of India (SBI), plans to rapidly scale up its presence in Singapore, targeting 16 business locations by June next year, focused on the retail market. SBI chairman OP Bhatt formally inaugurated the bank's 6th branch
      256 words
    • Article
      Lock icon Rich continue to splurge online
      364 9  -  OH BOON PING By IT pays to advertise when times are bad and an effective way to do so seems to be through the Internet. A survey has found that rich people continue to splurge on luxury goods despite the downturn and that Internet users
      364 words
    • Article, Illustration
      Lock icon Asia underinsured against disasters: Munich Re
      370 9  -  EMILYN YAP Region lost USsllBb from natural hazards last year By ranked third, precipitating overall losses of US$2l.l billion. More recently, earthquakes in Indonesia and floods in Taiwan and the Philippines have also led to shocking damages. Despite these losses, there has been little
      370 words
  • Page 9 Advertisements
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      Lock icon Page 9 Advertisements Column 1
      154 9 HP A/iuweiuv Shir Giusi C/ief-AAuzJtfstrLttsser 2ff030 Oc£Jv2oo3 \W \mwwwww\\\\\\\\\\\\\\\\\\\\\w\\ Make a date with One Michelin Star Chef Michel Husser from renowned Restaurant "Le Cerf", Alsace, France, when he helms the kitchen at Raffles Grill. Dinner features personalized Alsatian specialties complemented by exquisite wines from both of Alsace's biodynamic viticultural Domaine
      154 words
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  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon Weathering the storm
      3759 10 THIS WEEK'S TOPIC Do the latest economic estimates fairly reflect what's happening here in Singapore and across the region? Is your business back in growth mode and if so, do you think it will be sustainable? Ray Ferguson Regional CEO Standard Chartered Bank, Singapore and South-east Asia
      I REUTERS  -  3,759 words
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      59 11 J W^Aw BL ~~Z' mm Hong Seh Motors Pte Ltd S^ Official Maserati Importer, Singapore R^ Head Office: 10 Fourth Lok Yang Road Singapore *****7 'ffw^Wf City Showroom: 390 A Havelock Road #01- 06/08 Waterfront Plaza Singapore *****4 vVHKr Showroom hours: Monday Friday: 10am to 7pm, Saturday, Sunday and Public
      59 words
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • Article, Illustration
      Lock icon Managing the Web 2.0
      1054 12 Issues facing companies as a result of employees' online social networking and blogging OLLOW us on Twitter" or "Become a Fan on Facebook" are phrases that have become commonplace today. More and more people have turned to social networking sites and blogs to obtain information, stay
      1,054 words
    • Article, Illustration
      Lock icon Poly student tops at 'Olympics of Skills' competition
      550 12 CAMPUS LIFE Singapore records best-ever showing at prestigious biennial international event in Canada THIS year's "Olympics of Skills" saw Team Singapore participating alongside 900 competitors from 51 countries in Calgary, Canada last month for the 40th World Skills Competition (WSC). The Republic
      550 words
    • Article
      Lock icon Be smart with your finances
      203 12 FANCY becoming the next Warren Buffett or George Soros? Or even the famous Robert Kiyosaki? Then read on. The Young Investors' Forum, part ofthe BT-Citibank Tertiary Outreach Programme, isn't another dry page out of your financial textbook. To complement our editorial content, we have a
      203 words
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      46 12 citibank THE Business Times-Citibank Young Investors' Forum is published every Monday in The Business Times. It aims to raise the financial awareness of university and polytechnic students and cultivate a better understanding of business issues. The series is part of BT and Citibank's tertiary outreach programme.
      46 words
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      551 13 I 1/1 WE'VE SCORED A PERFECT^ \^S I AND NOW WE'RE HONOURED WITH THE PRESTIGIOUS I I HALL OF FAME m*—*s '<<—__ ImW-W Travel Hall of Fame 0 Best Cruise Operator in Asia-Pacific^ RS M 2008 2009 ll 1997-2007 ft -^53&£$&- fe^^^ V Br TTG Travel Awards W TTG Travel
      551 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon US$1.42t deficit could spark another crisis
      812 14 ■AP US budget deficit for 2009 the biggest since World War II [WASHINGTON] What is US$l.42 trillion? It's more than the total national debt for the first 200 years ofthe Republic, more than the entire economy of India, almost as much as Canada's, and
      ■AP; AFP, XINHUA  -  812 words
    • Article
      Lock icon China's recovery seen gaining momentum in 2010
      264 14 Reuters [BEIJING] China will be able to sustain the momentum of its current V-shaped recovery, setting the stage for stronger growth next year than in 2009, Yao Jingyuan, chief economist of the National Bureau of Statistics, said on Saturday. Figures due next Thursday
      Reuters  -  264 words
    • Article
      Lock icon Manila may use part of bond funds for budget
      201 14 Reuters [MANILA] The Philippines may use a portion of the US$l billion proceeds from a recent offer of global bonds to finance its 2009 budget deficit, set to hit a record 250 billion pesos (557.4 billion), a senior official said at
      Reuters  -  201 words
    • Article
      Lock icon Weak $ poses problems for Europe's recovery
      541 14 Weak poses problems for Europe's recovery AFP [BRUSSELS] The spluttering economic recovery in Europe is endangered by a dive in the value of the dollar which experts warn Washington covets in order to lower debts to China and boost exports. As finance ministers from the 16 countries that use the
      AFP  -  541 words
    • Article
      Lock icon Early deal unlikely for poor countries in Doha talks
      230 14 Reuters [DAR ES SALAAM] Poor countries will have to wait for the Doha Round of trade talks to conclude and are unlikely to get an advanced package directed to them before then, the head of the World Trade Organisation said on
      Reuters  -  230 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Can Asas Serba pull off proposal?
      502 15  -  S JAYASANKARAN MALAYSIA INSIGHT IT APPEARS that the staggering RMSO billion (5520.7 billion) proposal from little known Asas Serba to buy all 22 highway concessionaires in the country is a serious one. The proposal first reported by BT two months ago calls for the
      502 words
    • Article
      Lock icon BURSA MALAYSIA
      2037 15 VOL C000) let 16 RM \&M Realty 0.68 \bric Bhd 0.24 advance Synergy 0.16 Viventa Bhd 1.90 \e Multi Hldgs 0.18 Win Holdings 2.12 \hmad Zaki Resou ...0.99 \icCorp 0.40 MrasiaBhd 1.38 \kn Technology 0.15 Alliance Financi 2.51 aluminium Co 1.10 Amalgamated Ind ...0.48 tomb Hldgs Bhd ....4.55
      2,037 words
    • Article, Illustration
      Lock icon Ex-banker gets Indonesia investment post
      634 15 Reuters Gita Wirjawan to be head of investment coordinating board [BOGOR, Indonesia] Indonesian banker-turned-inves-tor, Gita Wirjawan, said yesterday he had been appointed head of the country's investment coordinating board with a mandate to attract investors, create jobs and lift growth. South-east Asia's biggest economy has
      ■ Reuters; FILE PHOTO  -  634 words
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      1185 15 11l Middle East II Development IH sugapomLtd. MIDDLE EAST DEVELOPMENT SINGAPORE LTD. (Company Registration No. *****0189 D) (Incorporated in the Republic of Singapore) (the "Company") NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company will be held at 30 Toh Guan Road
      1,185 words
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon China to overtake Japan in two years
      750 16 -AFP As world's second largest economy, Beijing will get more clout on world stage [BEIJING] China will overtake Japan to become the second largest economy in the next two years, giving Beijing greater clout on the world stage and boosting the ruling Communists'
      -AFP; BLOOMBERG  -  750 words
    • Article
      Lock icon CNOOC eyes Gulf of Mexico
      727 16 -NYT It is closing in on deal to buy stakes in drilling leases [HOUSTON] Trying to acquire a foothold in the American oil patch, a Chinese company is closing in on a deal to buy stakes in a few drilling leases in the Gulf of
      -NYT  -  727 words
    • Article
      Lock icon Ambani brothers' feud over gas supply goes to top court
      615 16 -d4^ [MUMBAI] An ashen Anil Ambani, one ofthe world's richest men, stood before a clutter of television cameras, close to tears. "There is only pain, hurt and emotion," he said, his voice catching. There is also, by some calculations, at
      -d4^  -  615 words
    • Article
      Lock icon Foreign investors back as India economy rebounds
      590 16 -AFP [NEW DELHI] The "India story" is back as the country's stock market soars and foreign investment pours in, lured by robust economic and corporate numbers, but some analysts see warning signs flashing. Foreign investors have been racing to put their money into
      -AFP  -  590 words
    • Article
      Lock icon Trade pact with China may put Taiwanese jobs at risk
      531 16 AFP [TAIPEI] Taiwanese who back a planned trade pact with China and those who oppose it agree on one thing at least the agreement will have a major impact on the island's labour market. While those in favour of the
      AFP  -  531 words
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  • ASIA-PACIFIC
    • Article
      Lock icon Asian leaders to discuss closer economic ties
      606 17 -AFP Humanitarian cooperation in the wake of recent disasters in region likely to be high on the agenda [BANGKOK] Closer economic ties and ways of coping better with devastating natural disasters in the region will be on the agenda as Asian leaders gather
      -AFP  -  606 words
    • Article, Illustration
      Lock icon Yunus laments unreformed banking sector
      610 17 -AFP [DHAKA] Bangladesh's "banker to the poor" says the world has missed a golden opportunity to help the neediest people on the planet with a redesign of the financial system in the wake of the global economic crisis. Nobel laureate Muhammad Yunus, who along with
      -AFP; AFP  -  610 words
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      1147 17 |(JMaybank| BOARD OF DIRECTORS Group Bank 2009 2008 2009 2008 Chairman Tan Sri Dato' MegatZaharuddin bin Megat Mohd Nor RM'OOO RM'OOO RM'OOO RM'OOO (Appointed on 10ctober2009) Operating profit 3,063.549 4,570,736 2,687,172 3,631,283 Tan Sri Mohamed Basir bin Ahmad (Retired on 30 September2oo9) Impairment loss on President CEO Dato' Sri Abdul
      1,147 words
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  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon Dark pool reform could hurt traditional investors
      791 18 Reuters Trading executives issue warning as SEC meets this week to consider changes [SCOTTSDALE, Arizona] Sweeping rule changes meant to shed light on so-called dark pools, where stock trading is done anonymously, could ultimately hurt the traditional investors that regulators are trying to
      Reuters  -  791 words
    • Article
      Lock icon GE should reconsider earlier bids for Opel, says EU
      299 18 Bloomberg [BERLIN] General Motors Co should be allowed to reconsider all bids for its Adam Opel GmbH unit after German aid policies pushed the US carmaker to choose Magna International Inc as the buyer, the European Union said. Germany's offer of
      Bloomberg  -  299 words
    • Article
      Lock icon North Korea wants summit with South, says official
      477 18 Reuters [SEOUL] North Korea has been seeking a summit between the leaders of the rival Koreas, an official here said yesterday, marking another step in its attempts to reach out to the world after being hit by UN sanctions. The impoverished North
      Reuters  -  477 words
    • Article
      Lock icon Obama lashes out at health insurers
      348 18 NYT He accuses them of 'deceptive and dishonest ads' [WASHINGTON] President Barack Obama mounted a frontal assault on the insurance industry on Saturday, accusing it of using "deceptive and dishonest ads" to derail his healthcare legislation and threatening to strip the industry of its
      NYT  -  348 words
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      Lock icon World economies gather for climate talks
      571 18 AP [LONDON] Representatives of the world's 17 biggest and most polluting nations were holding talks yesterday to search for a breakthrough on financing efforts to contain climate change and reduce gas emissions causing global warming. Pressure has been mounting for the United States to
      AP  -  571 words
    • Article
      Lock icon GCC peg to US$ likely to stay despite spurring inflation: analysts
      467 18 -AFP [KUWAIT CITY] The sliding US dollar may spur inflation in energy-rich Gulf states whose currencies are pegged to the greenback, but the exchange regime peg will survive for now, analysts said yesterday. As the US dollar continues to
      -AFP  -  467 words
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  • WORLD
    • Article, Illustration
      Lock icon Affluent shoppers in America make a comeback
      414 19 They boost spending on luxury goods and services by 29% in Q3 [WASHINGTON] Spending in the US on luxury goods and services spurted 29 per cent in the third quarter from the previous three months, as consumers with the highest incomes unleashed pent-up
      Unity Marketing study of 1,067 US consumers aged 24 to 70 with incomes of at least US$lOO,OOO, conducted Oct 2-7; AFP  -  414 words
    • Article
      Lock icon US earnings need to clear ever higher bar
      495 19 Reuters Investors hoping for improvement in revenue growth not seen in Q1 and Q2 [NEW YORK] Unexpectedly strong results last week from Alcoa Inc, Intel Corp and JPMorgan Chase Co could be the worst thing to happen to third-quarter earnings. "The expectation
      Reuters  -  495 words
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      187 19 SPH's Cross Media Campaign Has Proven Its Weight In Ooid j attheWAN-IFRABth Asia Media Awards SPH is proud to receive the Best Cross Media Award, a brand new award category at the WAN-IFRA Asia Media Awards 2009. Through the strategic integration of our media platforms, we created a seamless advertising
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  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon Slump in worldwide trade affects US ports
      638 20 LAT-WP Los Angeles and Long Beach ports report worst import statistics in 9 years [LOS ANGELES] In another sign of how deep the global recession has become, the ports of Los Angeles and Long Beach on Friday reported their worst combined import statistics
      LAT-WP; BLOOMBERG  -  638 words
    • Article
      Lock icon Rise in cargo demand boosts Baltic index to 2-month high
      410 20 Reuters [LONDON] The Baltic Exchange's main sea freight index, which tracks rates to ship dry commodities, rose to a near two-month high on Friday with tighter vessel supply and cargo demand boosting sentiment. The overall index, which gauges the cost
      – Reuters  -  410 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2789 20 AIRLINE CODES: AA: American Airlines (AAL), AF: Air France (AFR), Al: Air India (AIC), AY: Finnair Ov (FIN), AZ: Alitalia Airlines (AZA), BA: British Airways Public Ltd Co (BAW), BG: Biman Bangladesh Airlines (BBC), Bl: Royal Brunei Airlines Sdn Bhd (RBA), BO: Bouraq Airlines (BOU), BR:
      2,789 words
    • Article
      Lock icon Bunker sales in S'pore set to grow as cheaper prices attract ships
      398 20 Bloomberg [SINGAPORE] Demand for marine, or bunker, fuel is set to grow in Singapore this year as cheaper prices attract ships to refuel at Asia's biggest oil-trading hub, a ship owner said. Singapore and Gibraltar are the only
      – Bloomberg  -  398 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        112 20 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks lava Hold Ltd KTVentures Keppel Corp Mercator Lines MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.70 0.32 1.23 0.68
        112 words
      • Article
        Lock icon KLSE
        36 20 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd PDZ Holdings 0.93 8.96 9.00 3.11 3.02 unch 0.09 0.03 unch 0.08 -0.03 0.01 unch 0.01 121 3 335 480 13 0 9318
        36 words
      • Article
        Lock icon BANGKOK
        16 20 '00 let 16 Baht Vol 'recious Ship Regional Cont 19.80 11.50 1.20 0.60 5831 2081
        16 words
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        Lock icon HONGKONG
        15 20 '000 let 16 HK$ Vol Doil iingamas Cont .40.65 ...1.42 0.45 -0.02 48' 4701
        15 words
      • Article
        Lock icon PHILIPPINES
        22 20 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 7.90 22.25 unch unch unch -0.25 unch unch 402 131 0 0
        22 words
      • Article
        Lock icon TAIPEI
        19 20 Evergreen Marine ....18.10 :irst Steamship 45.90 /Van Hai Lines 16.65 t'ang Ming Marine...12.40 0.10 2.40 -0.10 0.25 r
        19 words
      • Article
        Lock icon TOKYO
        41 20 '000 'en (awasaki Hvy Ind ..223.00 (awasaki Kisen 368.00 Mitsubishi Hvy 333.00 Mitsui Eng&Sbldg...232.00 Mitsui Osk Lines 577.00 Mippon Express 349.00 MipponYusen 355.00 iource: Thomson Reuters -3.00 1256: -1.00 394i -5.00 1366! -2.00 382! 5.00 1139} -1.00 266! -7.00 1021!
        41 words
  • Page 20 Miscellaneous
    • Miscellaneous
      Lock icon Page 20 Miscellaneous Column 1
      316 20 CRYPTIC CROSSWORD Across 8 Drain pipe? (7) I 3 I 4 I 6 10 A singer, half cut at party, de- 110 mands fruit (7) 1— 11 Cigar little boy found in dish (9) 11 112 r 12 Child, one in cowshed (5) |M| 13 King, say one responsible ___^H
      316 words
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  • DINING OUT
    • Article, Illustration
      Lock icon French country pleasures
      792 21  -  Geoffrey Eu NEW CHEF Le Bistrot Dv Sommelier 46 Prinsep Street #01-01 Tel: 6333-1982 THERE'S something to be said for the simple life and Patrick Heuberger, a popular, soft-spoken chef who usually prefers to let his food do the talking, has made a bold statement by getting
      792 words
    • Article, Illustration
      Lock icon Celebrating truffle season with friends
      365 21 SPECIAL MENU Garibaldi #01-02, 36 Purvis Street Tel: 6837-1468 WHAT better way is there to enjoy a special meal than with good friends? Or, from a chefs point of view, what better way to cook than to share your kitchen with your childhood friends? From
      365 words
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      124 21 LUAUKI jjgM 818™™ Ocdrh y _f, i_i_______mS_________\ Mm if {^Jjf 11\?H*I I "7^" P^ r~~ r Irjß r Good times and great f00d... Iwt-vj rrrr^ (rrrrrrrrr^lil^ ja 24-hoursaday Hfl P4 B^BFV^ Indulge your cravings day and night at Oscar's. I I sj^^^^^T^^^^^ JtTTf mm^^^^^^^ m\* mrmm^mw\ I^^^^^^}'J^^^^A AM Stop by
      124 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      9181 22 52-wks Tel |h Low Code Com| Last Sale Vol Week Last Quote Div GrYld Net ('000) High Low Buyer Seller C'vr P/E M Cap Smil Mi 17 3 3148 STelecom 9.5 2.5 5834 A-Sonic 33 12 5000 ABR Hldgs 15.5 5.5 1938 AEI Corp 8 1 1100 AEM
      9,181 words
    • Article
      Lock icon SGX CATALIST
      1818 23 52-wks Tel ligh Low Code Company Last Sale Vol Week Last Quote Div Gr Yld Net ('000) High Low Buyer Seller C'vr P/E MCap Smil 2.5 5 1181 s AAGrp 5.5 12 8538 t APStrategic 4 0.5 1501 s Advanced System 7.5 2 3480 t Adventus 20 8.5
      1,818 words
    • Article
      Lock icon SGX ETF
      427 23 iii! Low Code Comi Sale C000) iii! Low Bui Seller C'vr P/E imil 110 100 6389 ABF SG Bond ETF 807 427 CIMBAsean40 100US$ 275 149 DBS STI ETF 100 4627 3534 DBXT DJE50 10US$ DBXTDJE50Sh 10US$ 3138 1682 DBXTFTChina25 10US$ 5799 3228 DBXT FTVietnam 10US$ 2482 2246
      427 words
    • Article
      Lock icon CLOB INTERNATIONAL
      252 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
      252 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      100 23 4.090 -0.050 JMH 30.000 +0.280 SIA En: 2.750 litaMal 1.780 +0.040 JSH 17.580 +0.180 SMRT 1.720 -0.020 10.240 Jardine C&C 26.540 SPH 3.920 -0.050 imfortDelGro 1.600 -0.040 Kei >el Con 8.400 +0.050 ST En: 2.840 +0.020 >sco Con 1.230 NOL 1.740 -0.030 SembCon Ind 3.450 +0.030
      100 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      93 23 Up Down Unch Up Down Unch Up Down Unch lulti Ind 10 3 5 0 0 0 10 3 5 lanufacturini 138 41 59 17 17 155 49 76 .ommerce 56 13 16 10 66 17 19 >r/Cc ms 37 38 :inance 25 25 Construction 17 19
      93 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 23 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 355.399 355.399 394.951 394.951 lanufacturini 2.469.788 162.759 2.632.547 1.387.674 9.578 1.397.252 Commerce 830.065 222.797 1.052.862 653.298 58.484 711.782 'pt/Stor/Comms 780.588 55.146 835.734 1.017.028 15.876 1.032.904 :inance 183.901 248 184.149 1.007.108 24 1.007.132 Construction 473.129 32.656 505.785 113.787 921 114.708
      123 words
    • Article
      Lock icon STOCKS ASIA
      2695 23 Transaction date: Oct 16 For a full listing ofthe closing prices, log on to BT online at http://business-times.asial.com.sg after 11.30pm every trading day Vol ■000 HK$ \eon Credit \eon Stores \ngang Steel \nhui Conch \nhuiexpressway \sia Satellite \sm Pacific lank Of E Asia leida Jade Bird leijing Airport
      2,695 words
  • Page 22 Advertisements
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      20 22 %s- -B-M-HB rl _»Jl?^TO£il%^ muM adc "Din tut S- Bj-fiil^^^^^___F^B PERPETUAL CALENDAR SKELETON For enquiries, Tel (65) 6238 6678 www.audemarspiguet.com
      20 words
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  • Page 23 Advertisements
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      28 23 Insiders'trades. Brokers'recommendations. TIJC Rl ICIMECC Tll\/lEC Dividend table. The pages also cover transactions Int DU3IIMI-33 lIIVIC3 by directors and substantial shareholders. In other words, news you can use.
      28 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      375 24 In local curr In S$ In USS %dy %yr dy yr dy yr Index Change Change Change Change Change Change Oct 16 World Index Preliminan 812.5 -1.0 19.9 -0.9 21.3 -1.1 25.3 EAFE Preliminai 769.1 -0.7 18.5 -0.8 24.0 -1.0 28.2 Euro[ Preliminan 1099.3 -0.9
      375 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      131 24 As at 9am Oct 16 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2740 1.3130 an dollar 1.3400 1.3570 Euro 2.0640 2.0890 NZ dollar 1.0310 1.0550 terlinc nd 2.2550 2.282C US dollar 1.3800 1.3960 Local dollars to 100 units of foreign
      131 words
    • Article
      Lock icon INTERBANK RATES
      175 24 Oct 16 $S^ Offer Bit Overnight 1-month 2-months 3-months Overnight mode: 1/4 US$ 5/16 7/16 9/16 11/16 Offer 1/4 3/16 5/16 7/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 0.30 0.35 0.37 0.40 0.70 1.10 1.25 Offer 0.20 0.24
      175 words
    • Article
      Lock icon STOCK INDEX FUTURES
      27 24 Oct 16 en Hie Sett Tl Oct 2708 IMSCI Oct 325.3 328.1 325.2 aiwan Oct 280.0 280.7 279.5 Source: MF Global (S) He. Ltd
      27 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 24 Oct 16 S$ Bid Offer 1-month 1.3923 1.3937 2-months 1.3926 1.3939 3-months 1.3927 1.3941 6-months 1.3932 1.3946 Source: OCBC
      22 words
    • Article
      Lock icon PALM OIL
      65 24 Oct 16 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hi( Vol Open Done Position Low Nov09 2175 2182 2183 2151 1615 5612 Dec 09 2160 2175 2175 2138 6080 ***** Jan 10 2160 2178 2178 2138 ***** ***** Feb 10 2160 2175 2175
      65 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      295 24 Oct 16 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES DecO9 Mar10 Jun10 Sep10 99.6350 99.4100 99.0650 98.6650 8938 5234 3088 4462 EUROYEN TIBOR FUTURES DecO9 99.500 99.500 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 99.500 99.500 99.525 99.540 99.525 99.465 99.380 99.320 99.320 451 360 150
      295 words
    • Article
      Lock icon SICOM FUTURES
      184 24 Oct 16 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Month High I Low Close Sett Volume (lots) 0/1 lots) Nov 09 234.0 Dec 09 Jan 10 Feb 10 Mario Apr 10 233.5 234.0 233.5 234.0 234.0 233.5 233.5 233.5 234.5 12 20 488 418 877 882 699
      184 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      88 24 Oct 16 'eriod Issue code Maturity Yesterday's Bid Hii Day's |h Low 1-Month BQ*****H 14.01.2010 -Year BY*****W 03.05.2010 0.41 0.44 0.32 0.32 30VERNMENT BONDS >eriod Issue Coupon Maturity code rate Close Bid Day's High Low 1-Year NX*****H 3.625 i-Year N*****0N 1.375 '-Year N*****0S 2.875 0-Year NX*****W 2.500 5-Year
      88 words
    • Article
      Lock icon CHICAGO BOT
      98 24 Oct 16 (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Nov09 977.50 983.00 996.50 974.00 Jan 10 982.00 987.75 1000.50 979.50 Mar10 985.25 990.25 1001.75 982.50 May 10 982.25 986.75 997.75 979.25 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Dec 09 36.94 36.78 37.23 36.50 Ian 10
      98 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 24 CRUDE OIL PRODUCTS Oct 15 CRUDE (FOB origin) US$/barrel Close Chanc Brent blend (1-Mth F) 74.45 0.98 WTI (Near Mth) 77.54 2.32 Dubai (1-Mth F) 73.55 0.76 Tapis blend 80.15 0.60 Minas 77.20 0.60 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 67.45 80.68 1.18 1.68 US$/barrel Opec Oil
      77 words
    • Article
      Lock icon INTERBANK CROSS RATES
      465 24 Oct 16 AS_ CS Rmb Euro HKS IndRsRii Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound US! Australia 0.952 6.280 0.617 7.129 42.566 86.420 0.838 10.722 3.103 1.238 76.504 42.902 1.281 6.752 0.936 29.702 30.764 0.564 0.920 Canada 1.051 6.598 0.649 7.489
      465 words
    • Article
      Lock icon SIBOR
      64 24 Oct 16 mth 0.***** 0.***** mths 0.***** 0.***** 6mths 0.***** 9mths 1.***** 12 mths 1.***** mths 0.***** 0.***** mths mths 2 mths 0.***** 0.***** 1.***** 0.***** 0.***** 0.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 1.***** 3yrs 1.***** 4yrs 2.***** 5yrs 2.***** 7yrs 2.***** 10yrs 2.***** 12 yrs
      64 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      157 24 Oct IS Against SS Currencies Bid Offer Against US$ Bid Offer S$fUS$ to one unit of foreign currency: Australian dollar 1.2805 1.2818 0.9198 0.9199 Canadian dollar 1.3449 1.3469 0.9661 0.9667 Euro 2.0740 2.0762 1.4898 1.4900 NZ dollar 1.0338 1.0352 0.7426 0.7429 Sterlinc nd 2.2702 2.2728 1.6308 1.6311
      157 words
    • Article
      Lock icon PRECIOUS METALS
      184 24 Oct 16 GOLD (USS/oz) Oct 15 Oct 16 GOLD BULLION COINS (S$) Sellinc Hong Kong 1057.00 1047.10 §i) Selling Buying A A r -\~I A A Adi Bu\ in( Oct 16 Oct 15 London 1055.40 1058.30 1056.20 1059.50 Source: Thomson Reuters rifT l>An *-._i t r1 oz 1637.1
      184 words
    • Article
      Lock icon LONDON METALS
      65 24 Oct IS minimum, 99.' jritv (US$/tonne) Co Close Previous :ash 1869.85 months 1905.00 1880.45 1916.00 Copper, Grade A (US$/tonne) :ash months 6210.50 6230.00 6269.5I 6289.0I .ead (US$/tonne) :ash 2179.00 months 2204.00 2183.51 2209.01 lickel (US$/tonne) :ash months *****.00 *****.01 *****.00 *****.01 'in (US$/tonne) :ash months *****.00 *****.01 *****.00
      65 words
    • Article
      Lock icon LIFFE
      76 24 Oct 16 (£/tonne) Close Prev Hii ih/Low Dec 09 2119 2127 2125/2087 War 10 2141 2148 2144/2110 Way 10 2167 2173 2171/2134 lul 10 2109 2117 2112/2086 IOFFEE (US$/tonne) Close Pev High/Low Mov09 1460 1443 1471/1438 Ian 10 1496 1477 1507/1471 Vlar 10 1528 1508 1538/1502 SUGAR (US tonne)
      76 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2405 24 BONDS, WARRANTS EXTENDED SETTLEMENT .el lode Company Last Sale Prem Expiry Vol Conv Exer Disc Gear- Mths +or- ("000) Ratio Price ing Left Asia-Pacific Strategic Wl***** 3 unch 110 1 15 6 5.67 55 >036 Advance SCT Ltd W*****9 0.5 1 87 1358 12.00 10 Allgreen Properties.ES.0910 1756 Asiatic Grp
      2,405 words
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  • Page 25 Advertisements
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      2810 25 The Business Times Shipping Times A mUM KPI WAN HAI INTERNATIONAL PTE LTD UEN: *****4695 M U £^^P^| Bl K^LE MgMciTl^mwilfjrr %TxVl\ lAf A M MAI I IMFC TEb*****588 (14 LINES) FAX:*****163 MW .VM E^^^^J I [M^^^^^B (W^BfiSSS Vl I WAN HAI INtj FKL TEL: <03| *****888 FAX: (03| *****283
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  • Page 26 Advertisements
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      3554 26 I|"|p. EASTERN CAR LINER, LTD I[@ SJSJJ r///^ |f-™—l SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS WEEKLY EXPRESS SAILING SCHEDULE PCL PHL SERVICE AMX SERVICE Connecting ECL SERVICE via MALTA SmSTAR^ VOY _Ra_M_l__ llllinqlKT) KUC —M__. PKI .BU MNL nfxlemi ~„m ms <~ m.FUHERII «hp WEMERIIIHDIAHICD PBims VESSEL VOY
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  • BizIT
    • Article, Illustration
      Lock icon Avanade Apac head to move to Singapore
      933 27  -  AMIT ROY CHOUDHURY IT services provider investing more here to boost growth in the Republic By AFTER an indifferent year, IT services provider Avanade is taking a number of measures to improve its business in Singapore and one of them is relocating a
      933 words
    • <what's up>
      • Article
        Lock icon Singapore technology firms journey to the Middle East
        97 27 NINE home-grown infocomm companies are hoping to uncover more business opportunities in the Middle East by participating in Gitex 2009, the region's largest technology tradeshow. The Singaporean firms are exhibiting a range of products ranging from e-government solutions to security offerings under
        97 words
      • Article, Illustration
        Lock icon Logitech's one wireless receiver to rule them all
        121 27 LOGITECH has introduced a new solution that will do away with the need for multiple receivers when using different wireless computer peripherals. The company's new "unifying receiver" works with a range of its wireless keyboards and mice to allow users to mix
        121 words
      • Article
        Lock icon Regional SaaS market to grow to US$2.25b in 2012
        74 27 SOFTWARE rentals are set to hit the big time in the Asia-Pacific region with spending on SaaS (software-asa-service) offerings projected to grow at an annual rate of 46 per cent until 2012. According to Springboard Research, this market will hit U552.25
        74 words
      • Article
        Lock icon Singapore mobile firms dial into samba beat with Brazil
        88 27 SINGAPOREAN companies in the mobile software space can look forward to greater exposure in Brazil, thanks to a new pact between industry associations in both countries. Under the MOI (memorandum of intent) inked between Singapore's Mobile Alliance and the Telecommunications Association
        88 words
      • Article
        Lock icon Sony Ericsson's new mobile high-definition goggle box
        107 27 SONY Ericsson is hoping to give mobile users a visual treat with the launch of its new Satio handset. This is because the phone is capable of high-definition movie playback in 16:9 widescreen format on its 3.5-inch touch screen. Besides high quality playback,
        107 words
      • Article
        Lock icon M1 partners with Snapfish to offer new photo printing service
        116 27  -  WINSTON CHAI BESIDES free talk time and data bundles, Ml is also offering photo printing as a way to win the hearts of its customers. The operator has partnered with a HP subsidiary called Snapfish to offer an online photo
        116 words
    • Article
      Lock icon Twitter launches Japanese mobile site
      259 27 AP [TOKYO] Twitter Inc now speaks more Japanese and it plans to be multilingual within months. The popular microblogging service launched a Japan-based mobile version last week, hoping to penetrate a country where other US social networking sites including Facebook and MySpace have failed to
      AP  -  259 words
    • Article
      Lock icon Adopting new technologies? Don't forget the risks
      604 27  -  VINCENT GOH &lt;you say&gt; Threats have extended beyond virus and worm attacks By IN TODAY'S challenging business environment, the traditional boundaries surrounding our organisations, assets and information are quickly fading. Companies are also forced to look at ways to achieve high levels of
      604 words
    • Article
      Lock icon Sharp sees tight LCD panel supply through mid-2010
      244 27 Reuters [SAKAI, Japan] The current industry shortage of LCD panels could continue through the middle of next year, the head of a unit at Japan's Sharp Corp said, in a potential move to shore up investor confidence in panel makers. "Supplies have
      Reuters  -  244 words
    • Article, Illustration
      Lock icon Windows 7 tipped to soar in Singapore
      723 28  -  ONG BOON KIAT Consumers and SMBs seen to drive initial adoption, reports WINDOWS 7, arriving in stores and on new computers this Thursday, has been tipped to be a hit by one of Singapore's largest IT retailers, while a senior Microsoft Singapore official
      723 words
    • Article, Illustration
      Lock icon Windows 7 at a glance
      110 28 Estimated retail pricing: Windows 7 Home Premium $359 Windows 7 Home Premium Upgrade $219 Windows 7 Professional- $529 Windows 7 Professional Upgrade $359 Windows 7 Ultimate $549 Windows 7 Ultimate Upgrade $379 Commercial customers will qualify for volume or original equipment manufacturer (OEM) pricing if
      110 words
    • Article, Illustration
      Lock icon Fury in Frankfurt at Google's global library project
      690 28 -AFP [FRANKFURT] "Garbage" and "hysterical propaganda" was one angry reaction at the world's biggest book fair this year when Google, the world's biggest Internet search service, defended plans to turn millions of books into electronic literature available online. The row erupted at
      -AFP; AFP  -  690 words
    • Article
      Lock icon Oracle envisions rosy life with Sun
      529 28 Reuters However investors have not embraced the deal [SAN FRANCISCO] Oracle Corp CEO Larry Ellison talked up his company's prospects after a planned purchase of Sun Microsystems Inc, saying he hopes the deal will help more than double revenue within five years. Mr Ellison,
      Reuters  -  529 words
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      Lock icon Kace mulls local development centre
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      1510 27 I II In the Matter of IN THE MATTER OF IN THE MATTER OF the Companies Act (Cap. 50) THE COMPANIES ACT, CAP. 50 THE COMPANIES ACT, CHAPTER 50 And w c uNa™ of Nn In the Matter of IN THE MATTER OF l ENVIRONMENT MANAGEMENT LIPMAN ELECTRONICS ASIA PACIFIC
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