The Business Times, 30 June 2005
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2005-06-30
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The Business Times
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Title Section14 2005-06-30 1 THE BUSINESS TIMES Thursday, June 30,200! inline at http://business-times.asial .com.sg MICA (P) 089/03/2005 SlNGXkygl|csrs,14 words
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521 2005-06-30 1 MICHELLE QUAH - PwC report said to have cost CAO m-$5m By MICHELLE QUAH [SINGAPORE] Financiallytroubled China Aviation Oil (CAO) is understood to have paid a small fortune to PricewaterhouseCoopers (PwC) for the latter's special investigation into CAO's monetary problems, a sum which is believed to have raised some eyebrows in the market.521 words
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Article139 2005-06-30 1 sn 2.202.27 (44.66) ST INDEX FUTURES 2,202.00 (+4.00) SIMSO 262.41 (+0.53) SIMSO FUTURES 262.90 (+0.70) MARKETS Wednesday Change KLSE COMP 889.98 -4.69 NIKKEI 225 11,577.44 +63.61 HANG SENG 14,277.28 -10.16 SET INDEX 685.56 +0.88 JAKARTACOMP 1,126.85 -0.96 MANILA COMP 1,945.12 -10.08 SEOUL COMP 999.08 +4.34 SHENZHEN B 221.73139 words
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437 2005-06-30 1 DONALD URQUHART - By DONALD URQUHART [SINGAPORE] Talk of a merger between Singapore Airlines and its Australian rival Qantas was stirred up again yesterday when Singapore Transport Minister Yeo Cheow Tong urged the two carriers to "look at and discuss" a possible merger "at their437 words
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678 2005-06-30 1 VEN SREENIVASAN - Trend likely to take off given conditions on the ground and the promptings by ministers By VEN SREENIVASAN [SINGAPORE] Merger mania seems to be in the air. First, Australian ministers suggested that Qantas could tie up with Singapore Airlines. Then Valuair and Jetstar Asia678 words
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Page 1 Advertisements
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Advertisement14 2005-06-30 1 BIZIT National Library tries out Linux desktops PG2B SIGNED Landmark India-Singapore economic pact PG214 words
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Advertisement5 2005-06-30 1 PROPERTY Freehold versus leasehold PG3I5 words
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Advertisement26 2005-06-30 1 COMMENTARY IWL MORE REPORTS Details of Valuair-Jetstar deal emerge PG 3 Tiger regional partners PG 3 Quotes: Airline chiefs ahd ministers say their say PG 326 words
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TOP STORIES
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Article, Illustration1145 2005-06-30 2 CHUANG PECK MING - S'pore businesses get preferential access to fast growing market By CHUANG PECK MING in New Delhi AFTER two years of talks, delayed by a change in the Indian government, the In-dia-Singapore Comprehensive Economic Cooperation Agreement (CECA) was signed last night. The pact, which takes effectLIANHE ZAOBA0 - 1,145 words
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Article717 2005-06-30 2 Details of Valuair, Jetstar deal emerge CONTINUING talks between budget carriers Valuair and Qantas offshoot Jetstar Asia are expected to lead to a merger under which a holding company that is at least 40 per cent owned by Qantas will be formed. BT understands from sources close to717 words
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Article58 2005-06-30 2 IN a caption accompanying a photo taken at the christening of the P&O Nedlloyd ship Susana in Singapore (BT, June 29), we inadvertently misspelt the name of the PSA guest at the ceremony. She is Ms Grace Fu, and her correct title is CEO South East Asia and Japan,58 words
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432 2005-06-30 3 JOYCE KOH - BT exclusive BUDGET CARRIERS Merger imminent but contingent on approval by Valuair shareholders By JOYCE KOH [SINGAPORE] Continuing talks between budget carriers Valuair and Qantas offshoot Jetstar Asia are expected to lead to a merger under which a holding company at least 40 per432 words
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Article, Illustration235 2005-06-30 3 A Qantas-SIA merger Mark Vaile, Australia's Trade Minister 1 "My view is, if (a merger) could occur, then the government should not mle that out Quite frankly; that is the direction international aviation is moving in." Australia's Prime Minister John Howard: "You can't look at that issue235 words
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Article, Illustration618 2005-06-30 3 VEN SREENIVASAN - By VEN SREENIVASAN [SINGAPORE] Tiger Airways, Singapore Airlines' low-cost associate, is looking for regional partners so it can spread its wings. "We are in negotiations with several potential partners," Tiger chief executive Tony Davis said yesterday. "Just having a base inFILE PHOTO - 618 words
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Advertisement56 2005-06-30 2 International Water Association -r > _^jjjg§j^K^^"^ PJP MnoH P Y rS .-.-fe 7 '"'i'iaß." jffp" Hftence from some 30 industry on wjf |pK <™Kenff and technologies j < Barrage and the r£M|^BtofOiipi 'JP 1 iMj^flilW^>iiiinnji~, -nrr OrganiMd By: PIJB y Cmmrm.rnm Vw. I I "rl'jl 'I tmrniammn Supporting Agencies: Sponsors:56 words
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Advertisement44 2005-06-30 2 jt)H"o" L P FIND UK ONES' THATFin Uo^v **l v (K?rttiwrHMpN»ittftra««kll*BiiKsTiM< w 3 <—j—) C f r r~> RtcnA. C*H WOO 2(9 »Z2 or (Mil j O V, I—. < racnftfephxNUft»i*Nrtlst. f p^. ft-, r b MjiMiiLj 1 ki° U O-T lataflßU J?V> \k C'i44 words
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Advertisement137 2005-06-30 3 THE HOURGLASS TEMP US SHOWCASE jpppp V 1 f 1 I V I I M n V/ 0 0 J 3 T I y/: 2 I V™ 756 UTC f. THE HOURGLASS SI \Cj AI'ORl MALARIA THAILAND \K\M 11M \V\ > i III (iS (,7<4 J4J0 kl\l\HM!'IR IW.lCOk m "i_i137 words
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COMPANY NEWS
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Article, Illustration594 2005-06-30 4 ROLAND LIM - CREATIVE TECHNOLOGY'S WOES Firm's co-founder Ng Kai Wa returns, as independent director By ROLAND LIM CREATIVE Technology announced yesterday the return of co-founder Ng Kai Wa as an independent director after its shares took another hit on news that rival Apple Computer has slashed prices onFILE PHOTO - 594 words
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690 2005-06-30 4 WONG WEI KONG - HOCK LOCK SIEW By WONG WEI KONG SHOULD Creative Technology continue to bet its future on the MP3 market? At the very least, the company owes it to its shareholders to review a strategy that is taxing its finances and destroying shareholder value. There's690 words
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Article, Illustration565 2005-06-30 5 JOYCE KOH - Valuing Vantage at $67.8 m now, it's offering about 26 cents per share By JOYCE KOH A DAY before SC Global Developments was to 'decide whether to waive the preconditions in its bid to take over Vantage Corp, the property developer ledFILE PHOTO - 565 words
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Article, Illustration558 2005-06-30 5 UMA SHANKARI - It sets aside another $500m for its 2nd exercise By UMA SHANKARI OCBC Bank has emerged as the most aggressive Singapore bank in buying back its own shares. The bank said yesterday it is setting aside an additional $500 million to fund a buyback558 words
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333 2005-06-30 5 MICHELLE QUAH - By MICHELLE QUAH LONGCHEER Holdings, the subject of some controversy over how its recent Singapore share offering was handled, has clarified Chinese media reports relating to certain financial difficulties allegedly faced by one of its major clients, Guangzhou Soutec (Group) Technology. In a statement333 words
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454 2005-06-30 5 JOYCE KOH - It is in discussions with MNCs and private funds By JOYCE KOH DESPITE its woes, Citiraya Industries yesterday said it still has more than a dozen investors looking to buy shares in the company or its waste recycling assets. In an updated affidavit filed454 words
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285 2005-06-30 5 AMIT ROY CHOUDHURY - By AMIT ROY CHOUDHURY UNITED Fiber Systems (Unifiber) plans to buy a majority stake in PT Kiani Kertas, a company incorporated in Indonesia, at a price to be determined after due diligence is completed. The company yesterday signed a letter285 words
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632 2005-06-30 6 KALPANA RASHIWALA - It will hold them for up to 12 months before pumping them into the trust By KALPANA RASHIWALA MAPLETREE Investments yesterday announced the acquisition of 11 new properties in Hong Kong, Malaysia and Singapore worth $255.5 million whtch it is expected to632 words
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Article, Illustration342 2005-06-30 6 KALPANA RASHIWALA - By KALPANA RASHIWALA ROBINSON'S general manager (group marketing services) Lena Phua, 60, is retiring after nearly 15 years with the listed retailer. Her departure is the second by a senior manager in recent weeks. Mrs Phua is planning to go into the child342 words
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Article, Illustration493 2005-06-30 6 SingTel Optus CEO paid between $2.75m and $3m Bloomberg SINGAPORE Telecommunications' (Sing Tel) chief executive Lee Hsien Yang enjoyed a 7 per cent pay rise in the fiscal year ended March 31, even as the company's profit slid 27Bloomberg; FILE PHOTO - 493 words
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Article, Illustration353 2005-06-30 6 CHLOE CHOY - Roly profit down 48% despite 41 surge in turnover FINANCIAL RESULTS By CHLOE CHOY DESPITE reporting a 41 per cent surge in full year turnover yesterday, mainboardlisted Roly International's net profit was 48.4 per cent down on last year's. For the year ended April 30, the global supply chain management353 words
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291 2005-06-30 6 Bernama [KUALA LUMPUR] The Alliance Banking Group delivered another strong performance in the financial year ended March 31, 2005, with a pre-tax profit of RM296 million (Ssl3l million), an increase of 6.7 per cent from the previous financial year. In a statement hereBernama - 291 words
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COMPANY BRIEFS
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48 2005-06-30 6 ARA Trust Management (Suntec), the manager of Suntec Reit, said it is in advanced talks with various parties to acquire certain properties. "However," it said, "Suntec Reit has yet to enter into any binding agreements in relation to such contemplated acquisitions."48 words
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37 2005-06-30 6 SINGAPORE Press Holdings (SPH) has appointed Quek Khin Geok, 48, as vice-president/head of internal audit division. Prior to this appointment, Ms Quek was internal audit manager at United Engineers Ltd.37 words
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69 2005-06-30 6 SEMBCORP (Malaysia) Sdn Bhd, the Malaysian subsidiary of SembCorp Engineers and Constructors (SembE&C), has been awarded a US$l4.6 million turnkey contract by CCM Pharmaceuticals, a business division of the Chemical Company of Malaysia to build Phase 1 of CCM's new pharmaceutical facility in Bangi, Malaysia.69 words
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71 2005-06-30 6 KEPPEL Land has exercised its subscription agreement with Dragon Land and on Tuesday was allotted about 4.06 million shares in Dragon Land at a price of 6.2 US cents per share. This raised Keppel Land's shareholding from about 121.68 million shares, or a71 words
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40 2005-06-30 6 THE chief financial officer (CFO) of ACE Achieve Infocom Ltd, Peng Zhiyong, has resigned effective today. The company's financial controller, Tan Kian, will take over his duties in the interim, the company said.40 words
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86 2005-06-30 6 KS ENERGY Services Ltd has won a US$42.5 million project to provide an upgraded offshore jack-up unit (a specialised type of rig) to an Asian-based state-owned oil and gas group. It also intends to provide supply and procurement services to support the subsequent operations86 words
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Page 4 Advertisements
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Advertisement1385 2005-06-30 4 Message in a bottle* Knowing when to stop in an M&A deal We saw last week haw lack of alien- strategy that must be well managed if it is to succeed. But obtained at relevant times. But if there is one message to remember, it is this. Have tion to1,385 words
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Page 5 Advertisements
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Advertisement309 2005-06-30 5 Source: Bearing Point 2004 D Windows Server 2003 Full Support (24*7): 10% at servers are Enterprise Edition. 90* Standard Edition Red Hat FuH Support (24*7): 100* of servers aft AS Premium B Red Hat Limited Support 10* of servers are AS Premium (24*7), 90* ES Standard (12x5) £3 Novell's SUSE309 words
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Page 6 Advertisements
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Advertisement197 2005-06-30 6 The Straits Times Recruit The first step ovi your ladder to success Banking Money Laundering: Know-Your-Customer rules case studies on Politically-Exposed-Persons(PEP) accounts 26 Aug 05, 9am spm Banking is growing exponentially in Singapore. But are you aware vulnerability of Private Banking to money laundering? is Private Banking vulnerable to money197 words
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Page 7 Advertisements
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SINGAPORE MARKETS
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Article, Illustration481 2005-06-30 8 R SIVANITHY - STOCKS Broad market's performance with 126 rises versus 169 falls reflects concerns over wide range of issues R SIVANITHY Senior Correspondent 2,202.27, the local stock market finished firmer yesterday. As embellish- ment, we could even add that the rise was courtesy of the banks,Source: Bloomberg - 481 words
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485 2005-06-30 8 AMIT ROY CHOUDHURY - TRADES TO WATCH Compiled by AMIT ROY CHOUDHURY C Y WEE CO, a private company of the Wee family of United Overseas Bank (UOB), has made further purchases in United Overseas Land (UOL). C Y Wee bought 117,000 shares on Monday and 400,000485 words
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Article, Illustration429 2005-06-30 8 OTHER SINGAPORE INDICES Jun 29 VALUE CLOSE BT OB/OS -154.00 -96.00 BTCAPI -*****.00 -40.00 BT 10-day MA -*****.00 -15.00 AH-SG Equities 565.76 +0.68 SG Equities Elect 135.80 -0.18 SG Equities Fin 1540.51 +6.49 SG Equities Prop 563.79 +1.80 SIMSCI 262.41 +0.53 SiMSCI Futures 262.90 +0.70 MOST ACTIVE STOCKS VOLUME UniFiber429 words
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Article970 2005-06-30 8 JOYCE KOH - Compiled by JOYCE KOH Boustead Singapore June 29 close: 78.5 cents DBS VICKERS RESEARCH, June 29 UPSIDE potential from Boustead Projects. Fifty-five per cent-owned Boustead Projects has been selling buildings for gains. It recently concluded the sale of two buildings (61 Alps Avenue and 11 Tai Seng link)970 words
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Article, Illustration540 2005-06-30 8 LARRYWEE - CURRENCIES LARRYWEE Senior Correspondent THE US dollar exploded from the opening bell yesterday, hitting fresh eight-month highs ahead of another expected US interest rate hike later tonight. Players said the combined effect of higher US interest rates and recent record oil prices on anSource: Reuters - 540 words
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MID CAPS
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Article, Illustration866 2005-06-30 9 WONG WEI KONG - Analysts seem to think so, despite the entry of a new investor. WONG WEI KONG has the details WONG WEI KONG ARE Parkway Holdings shares worth their asking price The healthcare group may have a new investor on board with the possibility of a strategyFILE PHOTO - 866 words
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Page 9 Advertisements
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Advertisement134 2005-06-30 9 Call 1800 289 8822 or email navit@sph.comsg for your recruitment solutions MSI^M HjHHßl^gJfiy^^^^^^l Djoko Pekik, Nonton Tayuban, 115 140 cm, 2004 Popo Iskandar, Leopard under Peaceful Night 100 x 125 cm, 1997 Widayat, Birds, 100 x 115 cm, 2001 A showcase of selected exclusive collections from this region ranged from134 words
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Advertisement98 2005-06-30 9 Our qualified professionals ■hL/ A can assist you with offshore structures, sholf coin pantos mjjjfrjr' and incorporations in ALL jurisdictions including: British Virgin Islands Cayman Islands Bahamas Mauritius Hongkong Samoa Full nominee, management, secretarial, banking and corporate administration services are available. We also specialize in offshore trusts for assets protection98 words
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Advertisement99 2005-06-30 9 Booster Capita) Guaranteed Fund I SGD RID 16/06/05 10.00 SGD Double Joy Capital Guaranteed Fund I I USD RID 16/06/05 9,65 USD It has worked for But if you think you thousands in have what il tekes to be a Speed Reader, Singapore, but us now at will it work99 words
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SINGAPORE NEWS
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Article, Illustration600 2005-06-30 10 CHEN HUIFEN - Contingency plans have been prepared and $50m spent on upgrading hospitals By CHEN HUIFEN SINGAPORE has committed $100 million and prepared a set of contingency plans to enable the island to respond swiftly in the event that an influenza pandemic strikes. Although theFILE PHOTO - 600 words
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221 2005-06-30 10 SINGAPORE and India signed an agreement on mutual legal assistance in criminal matters in New Delhi yesterday. The agreement, signed by Singapore's Foreign Minister George Yeo and Indian home minister Shivraj Patil, provides a framework for cooperation between the Singapore and Indian authorities in the221 words
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435 2005-06-30 10 ALEXANDRA HO - By ALEXANDRA HO MORE properties were put up for auction in the first half of this year, but fewer of them were forced sales by banks and other financial institutions, according to property consultancies. Analysts see the trend as being a sign of435 words
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151 2005-06-30 10 AP [TAIPEI] Taiwanese and Hong Kongers are more sophisticated investors than the Singaporeans who tend to weigh risks against profits a little too carefully, according to a new survey. The survey of 2,500 fund and stock investors in the three Asian markets wasAP - 151 words
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370 2005-06-30 10 WEE LI-EN - Half of them regard the Internet as a helpful medium By WEE LI-EN YOUNG Asians today are multi-tasking, digitally driven and interactive consumers. They spend about a quarter of their monthly allowances on electronics, ranking mobile phones, laptops and digital cameras as their top three370 words
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Article301 2005-06-30 10 Bloomberg NINETY-FIVE per cent of Singapore's population are now mobile phone subscribers, the Infocomm Development Authority (IDA) announced yesterday. Just 21,600 of those customers have taken up the new high-speed or 3G services, the IDA said, using figures relating to the end of May. ThereBloomberg - 301 words
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SINGAPORE ROUNDUP
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66 2005-06-30 10 THE President has appointed Soh Kee Hean as the new director of the Corrupt Practices Investigation Bureau (CPIB). His appointment will take effect next month. He was previously director (Police Technology) in the Singapore Police Force and deputy director of the66 words
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108 2005-06-30 10 THE ComCare Fund launched yesterday by Prime Minister Lee Hsien Loong sought a "Many Helping Hands" approach, and South West Community Development Council (CDC) is one of these helping hands. Mayor of South West District Amy Khor said that these initiatives were108 words
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99 2005-06-30 10 HONG KONG'S richest man, Li Ka-shing, yesterday donated HK$l million (*****,000) through the Hutchison Whampoa Group to Harvard Singapore Foundation. The money was given in a bid to help further educate people on managing and governing non-governmental organisations (NGOs) and promote Singapore99 words
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116 2005-06-30 10 TO CELEBRATE its 160 th birthday on July 15, The Straits Times (ST) will give away a Mazda6 2.3 WT DSC 4-door sedan (worth $85,988, excluding COE, insurance and road tax) to one lucky reader who can solve a riddle. ST116 words
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126 2005-06-30 10 SINGAPORE Press Holdings (SPH) and the Singapore Red Cross yesterday launched the annual Red Challenge (renamed SPH Red Challenge this year), which will be extended from one month to five months to attract more donors. This year, the challenge will126 words
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Page 10 Advertisements
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Advertisement482 2005-06-30 10 To advertise call toll-free 1800 289 8822 Email: notices@sph.com.sg CALYON FINANCIAL PRODUCTS (GUERNSEY) LIMITED (Incorporated in Guernsey, Channel Islands with limited liability) NOTICE TO WARRANTHOLDERS TO: ALL HOLDERS OF EUROPEAN STYLE CASH SETTLED CALL WARRANTS RELATING TO THE ORDINARY SHARES OF SINGAPORE PRESS HOLDINGS LIMITED ISSUED BY CALYON FINANCIAL PRODUCTS482 words
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Advertisement298 2005-06-30 10 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF MOUTH SEAFOOD RESTAURANT PTE LTD (COMPANY NO.: *****4275K) (IN MEMBERS' VOLUNTARY LIQUIDATION) Extract of the Minutes of an Extraordinary General Meeting held at 133 New Bridge Road #13-10 Chinatown Point Singapore *****3 on the 27th day298 words
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FOCUS: SERVICES
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Article, Illustration822 2005-06-30 11 LIZA LIN - Services marketing can help products stand out from the competition, reports LIZA LIN LIZA LIN SERVICES marketing as a term may not be commonplace now, but Jochen Wirtz and Christopher Lovelock, two business school professors, hope the term catches on. The former is anFILE PHOTO - 822 words
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Article5258 2005-06-30 11 UNIT TRUSTS FUNDS Cltl Global Healthcare Fund 0.96/ Citi Gib Pin Srvcs Fund 1 06/ ABN Amro Asset Mgt (S'pore) sbmG^Sl5sPt?M6G0)"ZZZZZI^l]«15/ Star Europe Eqty! 0.80& S B Sel Gib Bus Ldrs Ptfl 03IUSD) 1.1748/ Star Europe Bond .24* C|tlbood S p0Ie ctisi Y 0 981 Star Europe Bal 1 S5,258 words
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Page 11 Advertisements
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Advertisement20 2005-06-30 11 Allianz® I PIMCO Emerging Markets Bond Fund rated 5-star by Mercer Investment Consulting cjobal lnvestor 5 company regn no *****7169Z20 words
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ECONOMY WATCH
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Article, Illustration510 2005-06-30 12 S JAYASANKARAN - But it must balance between crimping inflation and not derailing growth By S JAYASANKARAN in Kuala Lumpur SPIRALLING inflation in Malaysia is renewing a debate on the central bank's role in monetary and exchange rate policy. In May, inflation as measuredAFP - 510 words
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421 2005-06-30 12 Bloomberg [MANILA] Consumers in China, India and Hong Kong are the world's most optimistic about their economic prospects, ACNielsen Corp said, citing a twice-yearly survey. "Consumers in these markets are benefiting from' an economic boom," Esther Capistrano, manag,%JWtor at ACNielsen's Philippine unit,Bloomberg - 421 words
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Article, Illustration489 2005-06-30 12 Bloomberg [TOKYO] The dollar approached a 10-month high against the euro on speculation the gap in interest rates between the US and Europe will widen. The Federal Reserve will raise its benchmark rate for the ninth time in a year later today, accordingBloomberg; Source: Bloomberg - 489 words
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344 2005-06-30 12 LATEST US DATA Bloomberg (WASHINGTON) The US economy grew at a 3.8 per cent annual rate from January through March, matching the pace in the previous three months, as the trade deficit narrowed and home construction increased more than initiallyBloomberg - 344 words
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291 2005-06-30 12 Bloomberg [TOKYO] Foreign direct investments in Japan almost doubled to a record in the year ended March 31, led by more acquisitions from financial companies, according to a report released by the Ministry of Finance. Overseas investments in the world's second-largest economy roseBloomberg - 291 words
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Article, Illustration861 2005-06-30 12 RACHEL BECK - ANALYSIS Most at risk are investors who gamble on a quick flip of their assets By RACHEL BECK AP FEDERAL Reserve chairman Alan Greenspan sees signs of "froth" in some local housing markets, but says overall the nation doesn't appear to beAP - 861 words
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Page 12 Advertisements
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Advertisement410 2005-06-30 12 Mgm Call toll-free **********2 In the Matter of The Companies Act, Cap. 50 and In the matter of METSO (ASIA-PACIFIC) PTE LTD (In Members' Voluntary Liquidation) Co. Regn. No. *****0862R At an Extraordinary General Meeting of the members of the abovenamed company duly convened and held on the 22nd day410 words
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REGION
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Article, Illustration761 2005-06-30 14 S JAYASANKARAN - Trade Minister denies allegations of privileges to other firms By S JAYASANKARAN in Kuala Lumpur A SLANGING match between Mr Mahaleel Ariff, the chief executive of national car maker Proton, and International Trade Minister Rafidah Aziz has prompted rumours of a shift in Proton's761 words
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94 2005-06-30 14 AP [KUALA LUMPUR] Banks suffered losses totalling nearly RM2SO million (Ssl 11 million) because of credit card fraud during the past five years in Malaysia, the government said yesterday. The value of the losses per year has nearly doubled between 2000 andAP - 94 words
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Article2317 2005-06-30 14 VOL General Corp .0.46 -0.01 112 Jim 29 KM C000) Genting 18.60 -0.30 630 George Kent 0.65 -0.01 161 ASM Realty 1.40 -0.05 2 GHL Systems ....0.22 unch 25 Abric .0.36 unch 9 Globetronics Tech 0.42 0.01 659 ACP Industries 0.77 0.01 17 GlomacBhd 1.26 -0.022,317 words
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282 2005-06-30 14 Reuters [JAKARTA] A plan to consolidate many of Indonesia's 130-plus banks will be announced today, but analysts and executives say the bid to create a healthier sector and fend off stiff global competition could take years. Some analysts said the new policies were aimedReuters - 282 words
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Article, Illustration208 2005-06-30 14 AFP [KUALA LUMPUR] Prime Minister Abdullah Ahmad Badawi said yesterday that the government may review the country's economic growth forecast in view of skyrocketing oil prices. The effects from persistent high oil prices was something the country has to accept,AFP - 208 words
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313 2005-06-30 14 AP [KUALA LUMPUR] Malaysia's state-owned oil and gas company,Petroliam Nasional Bhd, or Petronas, is expected to show a 25 to 30 per cent rise in net profit for the financial year ended March 31, due to strong oil prices and increasedAP - 313 words
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NOTE BOOK
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Article95 2005-06-30 14 AFP [WASHINGTON] The defence ministers of the United States and India signed a 10-year agreement on Tuesday paving the way for stepped up military ties, including joint weapons production and cooperation on missile defence, officials said. It called for "an enhanced level of cooperation coveringAFP - 95 words
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Article88 2005-06-30 14 Bloomberg [AMSTERDAM] ABN Amro Holding NV, the biggest Dutch bank by assets, plans to grow in Asia by opening more branches in China and India to take advantage of increasing demand for credit cards and investment advice. The company plans to boost the numberBloomberg - 88 words
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Article94 2005-06-30 14 Reuters [BEIJING] China will produce far more steel in 2005 than previously forecast, generating an unexpected surplus almost as big as the national capacity of Germany, estimates from a top agency showed yesterday. Slowing growth in domestic steel demand, mainly from the property sector, wasReuters - 94 words
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Article86 2005-06-30 14 Reuters [SHANGHAI] Construction began this week on a venture capital-backed US$l billion semiconductor factory in Shanghai, an official involved with the project said yesterday, which will add mass to a rapidly growing sector hub in China's Yangtze River Delta. The new factory, Shanghai Powerchip Integration ManufacturingReuters - 86 words
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Article75 2005-06-30 14 Reuters [HONG KONG] US investment bank Morgan Stanley yesterday raised its recommendation on China's largest oil and gas producer, PetroChina Co, to "overweight" from "equalweight", citing higher assumptions for global oil prices. Morgan Stanley had also increased PetroChina's target price to HK$7.lO, analyst Howard Wong said. TheReuters - 75 words
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Article90 2005-06-30 14 Reuters [SHANGHAI] China Merchants Securities has won regulatory approval to float bills on the national interbank bond market, state media said yesterday, becoming the country's second brokerage to get the green light to issue debt. The brokerage house, China's eighth largest by revenue, plans toReuters - 90 words
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Article64 2005-06-30 14 Reuters [JAKARTA] Indonesia will ban imports of US beef and beef products from tomorrow due to concerns over bovine spongiform encephalopathy (BSE), or mad cow disease, a government official said. The United States last Friday confirmed a second case of the brain-wasting mad cow diseaseReuters - 64 words
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Advertisement225 2005-06-30 15 Delighting You Always V'• v w.r ,-> > r jrV, •> Full control. Total peace of mind. t > f i ,r r, ■< f •I''' 4 < <? v —~>•> v 2-1' ;f s J (MMM ,4 1 *Ji|f iill '^-'v ■Pr SIbIHr I 1 tuiiiiM, iTirTr-i-rr-7^^ Canon Net225 words
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REGION/WORLD
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387 2005-06-30 16 The company has agreed to terminate its staff pension plans Reuters [NEW YORK] Chinese suppliers and an agent of China's government are poised to take control of Huffy Corp, a venerable US brand name, as the bicycle maker restructures under bankruptcy protection, itReuters - 387 words
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WORLD WATCH
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Article78 2005-06-30 16 Bloomberg [LONDON] UK Prime Minister Tony Blair won a vote in Parliament to introduce a national identity card. Lawmakers in the House of Commons, the lower chamber of Parliament, voted 314 to 283 late oh Tuesday to clear the first hurdle for the IdentityBloomberg - 78 words
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Article105 2005-06-30 16 Bloomberg [WASHINGTON] American International Group, reporting its first results since a US$3.9 billion earnings restatement, said quarterly profit rose 44 per cent on Asian life insurance businesses and gains from derivatives. The world's largest insurer said in a statement on Tuesday net incomeBloomberg - 105 words
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84 2005-06-30 16 Reuters [LONDON] Goldman Sachs Group slipped to third in the European M&A rankings in the first half as rival Morgan Stanley took top spot and JP Morgan Chase Co leapt six places to second, Dealogic figures showed. Morgan Stanley knocked Goldman off its perchReuters - 84 words
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80 2005-06-30 16 Bloomberg [ZURICH] Credit Suisse Group, Switzerland's second-biggest bank by assets, will drop the First Boston name from its securities unit, adding to a list of names that have disappeared from Wall Street. A new Credit Suisse logo will represent the private banking, investmentBloomberg - 80 words
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79 2005-06-30 16 Bloomberg [SEOUL] General Electric Co's finance unit will buy 40 per cent of Hyundai Card for 400 billion won (Ss6sB million), Maeil Business Newspaper said, citing an official at Hyundai Automotive Group. Hyundai is also planning to get General Electric toBloomberg - 79 words
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Article, Illustration814 2005-06-30 16 ANTHONY ROWLEY - China should Look East —and learn JAPAN INSIGHT Valuable insights to be gleaned from studying Japan's 'bubble economy' experience ANTHONY ROWLEY Tokyo Correspondent THE truth often emerges long after the fact and in the case of the real causes behind Japan's notorious "bubble economy", it is coming out some 20814 words
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Article, Illustration667 2005-06-30 16 Likely if political concerns over CNOOC bid ease Reuters. Bloomberg [HONG KONG] As Unocal directors consider whether to recommend CNOOC's US$lB.5 billion bid to its shareholders, some fund managers and analysts said that they expect rival Chevron to come back to theReuters.; Bloomberg; BLOOMBERG - 667 words
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241 2005-06-30 16 AP [HONG KONG] AS Watson, the retailer owned by Hong Kong conglomerate Hutchison Whampoa Ltd said yesterday it bought Dutch drugstore chain Portegies Drugstore in its third European purchase so far this year. The company declined to disclose the amount it paid, but said PortegiesAP - 241 words
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340 2005-06-30 16 [NEW DELHI] The government will shortly announce norms for foreign investment in the retail sector, with many restrictive conditions to ensure adequate protection for the small neighbourhood grocers, the Economic Times reported. While the exact level of foreign investment is still being340 words
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WORLD
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653 2005-06-30 17 It claims rival bribed, threatened customers to wrest away its business Reuters [NEW YORK] Advanced Micro Devices Inc has filed an antitrust suit charging that Intel Corp, its chief rival, used everything from threats to kickbacks in illegally building the world's top computer-chip business.Reuters - 653 words
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278 2005-06-30 17 Bloomberg [BIRMINGHAM] Richard Scrushy, the former chief executive of Health South Corp, was acquitted of directing a US$2.7 billion accounting fraud that nearly bankrupted the company he built into the largest US operator of rehabilitation hospitals. The jury deliberated 21 days before findingBloomberg - 278 words
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177 2005-06-30 17 AP [NEW YORK] Federal prosecutors have asked a judge to impose what amounts to a life sentence for former WorldCom Inc chief executive Bernard Ebbers, convicted earlier this year in the company's US$ll billion accounting fraud. In sentencing papers filed with a federal judge,AP - 177 words
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215 2005-06-30 17 AP [TOKYO] Shareholders of Mitsubishi Tokyo Financial Group Inc and UFJ Holdings Inc approved a merger between the two banks yesterday, paving the way for the pair to create the world's largest bankings group by assets. Mitsubishi Tokyo, Japan's second-largest bank,AP - 215 words
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Page 17 Advertisements
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AVIATION
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Article, Illustration412 2005-06-30 18 AP [KUALA LUMPUR] Asia's national airlines will thrive despite growing competition from low-cost carriers (LCCs), some of which will collapse in an expected industry shake-out, according to an industry group. The national airlines' relatively low cost base in Asia and a focus onAP; FILE PHOTO - 412 words
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345 2005-06-30 18 AFP [MANILA] The Philippines expects to settle all claims against a controversial US$65O million Manila airport terminal and hopes to open it by next year, Finance Secretary Cesar Purisima said on Tuesday. He told a business conference that separate arbitration proceedings overAFP - 345 words
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405 2005-06-30 18 Reuters [HONG KONG] Hong Kong's bustling airport, which is planning an initial public offering (IPO), reported yesterday that its annual profits had more than tripled on the back of stronger passenger traffic. The airport, the second busiest in Asia, made a net profit ofReuters - 405 words
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LOG BOOK
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112 2005-06-30 18 AFP [SYDNEY] Australian flag carrier Qantas Airways announced yesterday it will resume flights to Beijing early next year, more than six years after it suspended services to the Chinese capital because of tough market conditions. Qantas executive general manager John Borghetti said theAFP - 112 words
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41 2005-06-30 18 Reuters [SEOUL] Unionised pilots at South Korea's top carrier, Korean Air Co, and second-biggest, Asiana Airlines Inc. threatened yesterday to stage a strike after July 4 if demands for better working conditions were not accepted.Reuters - 41 words
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80 2005-06-30 18 Reuters [ZURICH! Swiss International Air Lines will raise its fuel surcharge again on July 1 to help cushion the impact of record-high fuel prices on its bottom line, the loss-making carrier said on Tuesday. Swiss, which is being taken over by Germany's DeutscheReuters - 80 words
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Article51 2005-06-30 18 Bloomberg [SINGAPORE] Thai Airways International Pel said it will increase the fuel surcharge for domestic flights to 200 baht (SsB) per passenger because of higher oil costs. The charge, which increases round trip fuel charges to 400 baht per passenger, will take effect on July I.Bloomberg - 51 words
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224 2005-06-30 18 Reuters [BANGKOK] Airports of Thailand PCL (AOT) said yesterday it has cut its 2004/2005 revenue growth forecast to 4-5 per cent from 8-10 per cent. The cut reflected the impact of the slowdown in the tourism industry following the Dec 26, 2004 tsunami andReuters - 224 words
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Article1940 2005-06-30 18 OTY FU6MT ETA RJSMT FTD Djvao MI566 1925 MI566 0905 MB. LH9771 1845 AfKMUTS •>— <*» 0900 ***** 1845 "Sg 1025 Solol 1855 S0442-2020 0-P—•- Sg|£ SQ142 0935 «—frtoa SQ323 0620 A***** 2255 GA840 1725 GA841 1825 AZ3992 1450 KL838 2255 SQ147 2235 SQ148 1900 Ofcaka1,940 words
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Page 18 Miscellaneous
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Miscellaneous203 2005-06-30 18 CRYPTIC CROSSWORD 30 Charter for 11 (10) Mediterranean island (8) YESTERDAY'S SOLUTION DOWN 14 Required platitudes to be in- Across: 1 Compel, 4 Cocktail, 8 1 The source of old rubbish ventive! (10) Bitchy, 9 Airscrew, 10 Terminal, 11 found outside? (4) 16 Had a meal around the first of203 words
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SHIPPING
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455 2005-06-30 19 UMA SHANKARI - New body aims to be independent, authoritative and internationally respected By UMA SHANKARI [SINGAPORE] Reinforcing Singapore's efforts to establish itself as an international maritime hub, the Centre for Maritime Studies was launched at the National University of Singapore (NUS) yesterday. The Centre for455 words
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Article, Illustration489 2005-06-30 19 AP [HONOLULU] Matson Navigation Co has commemorated the maiden voyage of the MV Manulani, a container ship the company plans to run on a route linking two Chinese ports with California starting next year. The new service will be a chance forAP - 489 words
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Article, Illustration387 2005-06-30 19 DONALD URQUHART - By DONALD URQUHART [SINGAPORE] The local maritime community now has its own home-grown classification society following the launch of Sing Class International Pte Ltd yesterday. Aiming to be the world's top classification society focusing on non-Solas vessels under 500 gross tonnes, also known as non-conven-tional vessels,CHRIS LOH - 387 words
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260 2005-06-30 19 June 14 attack was seventh this year in Malacca Strait AP [KUALA LUMPUR] Ten Indonesian pirates, caught after a botched attempt to hijack an oil tanker off northern Malaysia, have pleaded guilty to armed robbery and face up to 20 years inAP - 260 words
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Article290 2005-06-30 19 SGX '000 June 29 SS W- Vol CH Offshore 0.36 -0.01 185 ChuanHup .0.77 -0.01 397 Coko Corporation 1.95 0.01 ***** CWT Distribution .0.66 unch 0 Ezra Hides 1.24 -0.03 8805 FreightLinks .0.08 -0.01 5016 Grand Banks Yacht 0.97 unch 0 Java Holdings 1.09 -0.02 510 K1 Venture290 words
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238 2005-06-30 19 Bloomberg [CAIRO] Egypt's Suez Canal had its highest daily revenue ever on June 21, thanks to increased container traffic through the waterway linking the Mediterranean and Red seas, said a spokesman for the authority running the canal. Total fees levied onBloomberg - 238 words
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157 2005-06-30 19 Bloomberg [SINGAPORE] The price offered for ships to be scrapped fell last week in Bangladesh and India, the world's largest markets, after prices of recycled steel plates dropped. Indian buyers offered US$3l5 a tonne of recoverable steel for oil tankers, down US$35 aBloomberg - 157 words
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255 2005-06-30 19 Bloomberg [LONDON] The US Navy advised ship operators to avoid or minimise the amount of time their oil tankers spend waiting outside Iraq's export terminals in the Persian Gulf because of the risk of robbery or terrorist attack. Iraqi and coalition forcesBloomberg - 255 words
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Page 19 Advertisements
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Advertisement93 2005-06-30 19 Lloyd's Register's award-winning Marine Training Services presents Liquefied Natural Gas (LNG) Ship Training Course 14 15 July 2005 Singapore Conducted by LNG industry specialists with years of hands-on experience with LNG ships and containment systems, this course is designed to give ship designers, owners, fleet managers, superintendents, consultants, flag state93 words
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Advertisement66 2005-06-30 19 ATTENTION ALL SHIPPING COMPANIES WITH EFFECT FROM 19TH MAY 2005 MARPOL 73/78 ANNEX VI SINGAPORE STANDARD CP:6O 2004 REQUIRE SAMPLES TO BE TAKEN AT SHIP'S MANIFOLD WHEN RECEIVING BUNKERS HAVE YOU COMPLIED? MARITEC supplies all your needs to comply with the mandatory requirement. Maritec Pte Ltd 192, Pandan Loop, #05-26/27/2866 words
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EDITORIAL & OPINION
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Article540 2005-06-30 20 EDITORIAL IF anyone had doubted the resolve of Malaysian Prime Minister Abdullah Ahmad Badawi in fighting corruption as he had pledged when he first took office two years ago or when he campaigned for a mandate in the general elections, he would have got the540 words
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Article, Illustration945 2005-06-30 20 SHADA ISLAM - With so many 'agendas', Blair's insistence on a focus on African poverty may not prevail SHADA ISLAM Brussels Correspondent THEY may have failed to put their own finances in order at the recent disastrous EU summit, but leaders from Europe's top economies now faceAFP - 945 words
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Article, Illustration751 2005-06-30 20 ROBERT SAMUELSON - THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group ALMOST a decade ago, I suggested that global warming would become a "gushing" source of political hypocrisy. So it has. Politicians and scientists constantly warn of the grim outlook, and the subject isThe Washington Post Writers Group - 751 words
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Article, Illustration1115 2005-06-30 21 ANTHONY ROWLEY - Most nations are not on track to achieving UN targets on maternal and child mortality and reducing the spread of HIV ANTHONY ROWLEY Tokyo Correspondent Government ministers and officials from 24 Asia-Pacific countries met in Tokyo last week to review the state of the region's health andREUTERS - 1,115 words
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Article, Illustration1096 2005-06-30 21 MICHAEL T KLARE - By MICHAEL T KLARE LAT-WP FOR oil enthusiasts who believe that petroleum will remain abundant for decades to come among them, the president, vicepresident and their many friends in the oil industry any talk of an imminent "peak" in global oil production and anLAT-WP; AP PHOTO - 1,096 words
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493 2005-06-30 21 Narayana Narayana Singapore - LETTER TO THE EDITOR Narayana Narayana Singapore THE Hock Lock Siew article by Wong Wei Kong, "SGX should get CAO to release full PwC report" (BT, June 27), raises some intriguing questions, which need to be clarified in the wider interests of493 words
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Article10230 2005-06-30 22 SGX MAINBOARD 52-Wk Tet Last Vol Day Last Quote GrtHv Wv GrYM Nat MCap High Low Coj» Company Sate ('000) High Low »uy«r SoH«f Cvr S P/t imll 12 3 5716 1st Software 5c 3.5 -0.5 1551 3.5 3.5 3.5 4 14.2 34.5 13.5 3148 8TelecomUS2c 16 unch10,230 words
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Article6058 2005-06-30 23 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES Hi local can Ml SS hi USS %<Jy %yr d» %y> dy %yr lun 28 Inden OrnQg Cnangt Ct\*ngt Ch»ng» Ch.ngo Ounqa World Index Preiiniinary 8726 0 2.4 08 1.5 05 -1.4 I EAff Preliminary 816j6 0.8 5.7 0.5 0 02 lj Europe6,058 words
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Page 24 Advertisements
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Advertisement1194 2005-06-30 24 NYK GROUP SOUTH ASIA PTE LTD VTOTT rmO «r TEL:6295 0123 IVXAuNE wfsjSf Ml 9 Am LIKE Fax:6292 2856(Ftegionalsales)/6239 7109(OPS)/6299 5785(Documentation) NIPPON YUSEN KAISHA TOKYO K>»AKU KASHA. UD (C/RNO: **********06) A CT# 137# *****000 C SENATOR LINES SENATOR (MX) We IM Mom line? *65 6536-2750 72 Anson Road, #05-01 too1,194 words
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Advertisement779 2005-06-30 24 IINTERASIA RORO SERVICE VKSa/VOT MMUKI) HBOHTW WO *Oj U1 SM *T STRAITS VENTURE 13/05 15 3.2 22/06 23/06 28/06 01/07 03/07 STUITS VENTURE 14/05 15 3.2 06/07 08/07 14/07 17/07 l»/07 STRAITS VENTURE IS/OS IS 3.2 22/07 24/07 28/07 31/07 02/08 I AUSTRALIAN RORO SERVICE VBSa/VOT RAMPQCT) HBGHTffK) 1101 SM779 words
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Page 25 Advertisements
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Advertisement1122 2005-06-30 25 www.homburgsud.com H AUSISERVICE (EXPORT) ETA JB SINGAPORE NISIANE STMKY MEUOURNE AKIAIOE WMHB WISIAJK STWtfT MfIJOWHt jjfljji CAP A6UILAKIOSS 01/07 11/07 13/07 16/07 H/07 CAf A6UIIAKIO4S »/07 M/M 10/ M IVOi H/M CSCL XIAMEW 0080S 0»/07 18/07 20/07 23/07 26/07 tsa XUMO> 00MS 05/01 lj/M 17/01 M/Ot ?V0» SCOTIA 01 ft1,122 words
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Advertisement1118 2005-06-30 25 SSSBS —3P—™— GOLDEN TUDE SO9N S/7 A/7 8/7 PBTH BRIDGE 083* 30/6 2/7 I CAPE SANTIAGO 002H J3/7_ "ft 17/7 r gg| I S 2 s GOLDEN GATE SIOH _Li/Z_ 20/7 22/7 NEW DYNAMIC 091 A _2U7 23/7 Ccfcn WE Mid-Swan *VS( cnfcng both North West port VESSEL TAP HSK1,118 words
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Advertisement1024 2005-06-30 25 m saasw WEEKLY EXPRESS SAIUNG SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS vessel 1 voy I sm nun aumo usheva Colombo INOHA GANDHI 0094W 78 JUW 29 JUN 02 JUL 05 JUL (fiJUL tAJIV GANDHI 0094W 04 JUL 05 JUL 08 JUI LLWI IUIIL MJBa OOIOW II1,024 words
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THE BUSINESS TIMES SHIPPING TIMES
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8150 2005-06-30 26 ETA ETA Advertser Vessel Voyage Telephone HA ETA Advertiser Vessel Voyage Telephone SIN Desfn Name Number Number SIN Desfn Name Name Number Number 09/06 27/08 TASMAN TASMAN PROVIDER *****1 *****288 To ABIDJAN (ABJ) 2003 Cote D'lvoire 07/07 14/08 China Shpg CMA CGM KOMOOO SX149W8,150 words
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Advertisement551 2005-06-30 26 UjW WALLENIUS WILHELMSEN website: http://www.2wglobal.com VESSEL "VOT »AMP~ HEIGHT SIN UC ~iAO~ HOW MIA SAY »A 1 OtF NTC ~MIW »0» TARONGA Af SIS 3201 MS 6.25 M 21/07 11/ OS 20/08 25/00 31/00 29/00 TAMPERE AFSI9 4001 MS 6.30 M 20/07 20/00 29/00 02/09 07/09 OS/09 TAMESIS AFS2O 3201551 words
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Advertisement1001 2005-06-30 26 vtssa voy sw ggg vtssa vor m jkt PAC BANDA ISOIN 28/06 28/06 PACBAU 4J72 M/ 06 30/06 rccfiAi nTw 51/5Z M/A4 PAC MNIAN 9305 03/07 05/07 Suit 7SS 5S HH os)o; ~H756 CSF23OI 0140P 30/06 02/07 pacianpa 1503* oi/oz Qi/07 rhiiii {Bin in miM -IACJAWA 1504N 02/07 M/ 071,001 words
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Advertisement429 2005-06-30 26 i BSA it MYANMA MM FIVE STAR UNE (Myomar Natiowl Um) Loading far Yingoa VISSEL VOY SIN PKL PEN PGU PAGAN 34SW SID HPA-AN 337W AO IN MALAYSIA: lOUSTIAD SHIPPING AGCNCIIS KUI/PKL 03-*****388 PIN: 04-*****1S ACCEPTOR CONVENTIONAL C6O Vissa VOY HUG SIN PGU PU KUC NAPtI 109 SU) SID SU>429 words
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BizIT
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Article, Illustration651 2005-06-30 28 ROLAND LIM - The move towards Linux was in part prompted by user complaints, the board tells ROLAND LIM ROLAND LIM DON'T be surprised if you see the computer at your neighbourhood library sporting a desktop that looks somewhat different from the usual Microsoft fare on your nextCHRIS LOH - 651 words
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Article305 2005-06-30 28 Bloomberg [SAN FRANCISCO] Sun Microsystems, which has slipped to fourth in worldwide server-computer sales, has agreed to buy Seeßeyond Technology for US$3B7 million to add software that helps websites and business programs work together. The acquisition, Sun's second this month and fourth in 2005,Bloomberg - 305 words
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Article260 2005-06-30 28 AFP [TOKYO] Microsoft founder Bill Gates said yesterday that declining interest among Japanese and American children in science and technology was a concern that could weaken the world's top two economies. By contrast, emerging economies China and India have been improving their competitiveAFP - 260 words
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Article, Illustration427 2005-06-30 28 AFP [CHICAGO] A robot that follows a stroke patient down a hallway and catches him when he falls. A machine that suspends a gunshot wound victim over a treadmill and teaches her legs how to walk again. These were just two of the new medicalAFP - 427 words
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Article, Illustration600 2005-06-30 29 RAJU CHELLAM - The aim is to be a Common Criteria certifying authority for global businesses by end-2006, reports RAJU CHELLAM RAJU CHELLAM SINGAPORE has become the latest and the first in Asean to join a club of 20 countries that have come together to address theFILE PHOTO - 600 words
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Article344 2005-06-30 29 RAJU CHELLAM - By RAJU CHELLAM FREQUENT security lapses and increased cyber attacks are damaging consumer trust in e-com-merce worldwide, especially in the developed world, says researcher Gartner Inc. The agency recently polled 5,000 adults in the US and found that in the 12 months ending May 31,344 words
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286 2005-06-30 29 AMIT ROY CHOUDHURY - By AMIT ROY CHOUDHURY THE first International Conference on Advances in Network Science (leans) started here yesterday with around 150 participants from various countries taking part. The three-day conference is jointly organised by Singapore's Defence Science Technology Agency (DSTA) and the US Army286 words
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Page 28 Advertisements
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Advertisement308 2005-06-30 28 I lianhe Zaobao l I I ±¥*Srßftfi«l«llO-kjS I I ««#fII»R*SSIPO I I I /y rc<cnU ,J I )i Iiei s C lul) C a rcl <-«»//<">41 ()<-)£<) Wnere to wine, cline ancl entertain... JIL /VV^VSAAAA JtINGA SkpkSaMlaMM »2» EM CM fJrtwr. 44MH Tit CMS ilil toe t34S 21U ■ll> ill308 words
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Advertisement51 2005-06-30 28 MERITUS MANDARIN SINGAPORE BE SPOILT FOR CHOICE With our delectable selection of local delights and western favourites served all round the clock. Enquiries: 6831 6291 Coffeehouse MERITUS MANDARIN A division of Overseas Union Enterprise Limited (Company Registration N0.*****0050E) 333 Orchard Road, Singapore *****7. Tel: +65 6737 4411. Fax: +65 673251 words
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Advertisement544 2005-06-30 29 H|| I; 4 mobile ~i.r ■9^INEC empowers you to expand your business potential. Be it personal computers, laptops or servers, we've got everything you need to stay ahead of your competition. Get an NEC today and you'll find a business partner for life. NEC recommends Microsoft® Windows® XP Professional for544 words
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PROPERTY
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Article, Illustration615 2005-06-30 30 NEIL BEHRMANN - Home prices in Asia, Europe, US peaking and banks risk sizeable bad debts, warns BIS By NEIL BEHRMANN in London THE property bubble in markets as varied as the US, various Asian and European countries and parts of the developing world is a threatREUTERS - 615 words
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550 2005-06-30 32 KALPANA RASHIWALA - Fears centre on potential land sales that would compete with project By KALPANA RASHIWALA THE government will assess nearer the end of the year whether there is a need to release new office sites in the Downtown Core area, which includes the existing550 words
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Article, Illustration435 2005-06-30 32 ALEXANDRA HO - By ALEXANDRA HO PROPERTY industry veteran Willy Shee will move on to become CB Richard Ellis's Asia chairman from next month. Taking over from him as CBRE Singapore's managing director will be Pauline Goh, who is currently its executive director. Both are expected435 words
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Page 30 Advertisements
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Advertisement4470 2005-06-30 30 S2. ancppowCiita- Land 15,069 sq ft To PIE Biris" school PR 2.1, 24 storeys t/mah rd 100% Owners' Consensus h <£> pto"' Freehold I fflTf H Near SCGS, ACS (Barker) x? H &RGS The Pines O Club. 0 o TgF Closing on: orchard Rd 02 Aug '05 (Tue), 3pm Notices4,470 words
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Advertisement738 2005-06-30 30 IN THE MATTER OF THK COMPANIES ACT CAP 50 AND IN THK MATTER OF KSC FOOD CATERING SERVICES (1997) PTE LTD (Co Reg. No. **********)) NOTICE OF RESOLUTIONS FOR MKMBERS' VOLUNTARY WINDING-UP (Pursuant to Section 290) At the Kxtraordinary General Meeting of the members of the above-named Company, duly convened738 words
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PROPERTY WATCH
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Article, Illustration897 2005-06-30 31 ARTHUR SIM - The bias for 'forever' freehold over 99-year leasehold may be unfounded with the recent developments in the property market, reports ARTHUR SIM ARTHUR SIM THE catchy tagline of an advertising campaign for The Calrose condominium by MCL Land goes, "Freehold is Forever". Accompanied by897 words
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Article, Illustration1312 2005-06-30 31 PROJECT NAME/ PROF CONTRACT TENURE BUILT-INAANO PRICE PSF STREET NAME TYPE DATE AREA*(SQFT) (SS 000) (SS) District 01 NON-LANDED People's Part: Cplx Apt 03/06/2005 99 409 170 416 District 02 NON-LANDED The Arris Apt 13/06/2005 FH 936 730 7801,312 words
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Advertisement31 2005-06-30 31 HSBCm The world's local bank This is a fortnightly series brought to you by HSBC. For a free property valuation or a quick assessment of your loan requirement, please visit www.hsbc.com.sg31 words
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Advertisement110 2005-06-30 31 towwsbwpi p Got the right home? Now get the right home loan. It'flfr Buying a house in Singapore is a heavy investment. However, you can still have the freedom to live life the way you want, with HSBC home loans. Enjoy these benefits when you take up an HSBC home110 words
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Page 32 Advertisements
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Advertisement569 2005-06-30 32 2 Blocks of 4-Storey walk-up apartments 1 Block of 3-Storey townhouses Prime Freehold Residential Site Master Plan Zoning: Residential Site Area: 86,346 sq ftapprox. Allowable Plot Ratio: 1.4 Max. Gross Floor Area: Allowable Building Height: 5-Storey 120,884 sq ftapprox. Tender Closing: ***** 2005, THURSDAY 3:OOPM ill Sallmanns Corporate Valuation Consultancy569 words
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Advertisement17 2005-06-30 32 Head to The New Paper Fast Ads for job opportunities! Buy tt S«N It Find It j17 words
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