The Business Times, 4 January 2006
This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.
2006-01-04
1
30
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section17 2006-01-04 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asia 1 .com.sg MICA (P) 089/03/2005 Wednesday, January 4,200617 words
-
Article, Illustration826 2006-01-04 1 KALPANA RASHIWALA - Strong showing by private home prices raises expectations that recovery in luxury segment will filter down By KALPANA RASHIWALA [SINGAPORE] Even as the official price index for private homes yesterday posted its best showing in more than five years, property industry players are hopefulSource: URA HDB - 826 words
-
737 2006-01-04 1 CHEN HUIFEN, CHUANG PECK MING - $13b to be spent in next 5 years to develop country's R&D capabilities By CHEN HUIFEN, CHUANG PECK MING [SINGAPORE] The National Research Foundation (NRF), meeting for the first time yesterday, identified three sectors to focus on in the push to737 words
-
Article137 2006-01-04 1 STI 2.***** (+22.03) ST INDEX FUTURES 2,374.00 (+21.00) SIMSCI ***** (+2.%) SIMSCI FUTURES 281.50 (+4.00) MARKETS Tuesday Change KLSECOMP 892.85 -6.94 NIKKEI 225 Closed HANG SENG 14,944.77 +68.34 SET INDEX 725.64 +11.91 JAKARTA COMP 1.184.69 +12.981 MANILA COMP 2.109.79 +17,79 SEOUL COMP 1.394.87 +5.60 SHENZHEN B Closed MUMBAIIND137 words
-
Page 1 Advertisements
-
Advertisement9 2006-01-04 1 WgEgjM MOTORING Maxi party for the Mini Lsac. pg279 words
-
Advertisement7 2006-01-04 1 INTEGRATED RESORT PBL-Meleo quits Marina bid PG37 words
-
Advertisement225 2006-01-04 1 FORBES ASIA AWARD Victor and William Fung VBT* named businessmen of the year *612 Lessons for Singapore Russia restores Ukraine PGIS I W f M mw, JHyl- 'Mm Bk .mm ■F K mam*, .jd W'* Z, mjß rM I iitiii 11 tmm m WHERE THE WORLD AROUND YOU COMES TOGETHER225 words
-
-
TOP STORIES
-
Article, Illustration638 2006-01-04 2 ANNA TEO - Economists see growth surpassing official forecast of 3-5% this year By ANNA TEO [SINGAPORE] The economy is expected to maintain its robust growth momentum for at least the first half of this year, with a strong pick-up in domestic demand. Going by the638 words
-
90 2006-01-04 2 [SINGAPORE] Prime Minister Lee Hsien Loong has -ffirectedthe Registration Officer to revise the registrars of electors and complete the revision on or before Feb 28. The revised registers will contain the names of all Singapore citizens qualified to be electors90 words
-
Article517 2006-01-04 2 Marina IR bid: 4 left in the running as PBL-Melco quits ONLY four bidders remain in the tussle for the Marina Bay integrated resort following the withdrawal of partners Publishing and Broadcasting (PBL) and Melco International Development. According to PBL executive chairman James Packer, the expected returns are517 words
-
432 2006-01-04 3 ARTHUR SIM - Expected returns do not justify costs, says PBL By ARTHUR SIM [SINGAPORE] Only four bidders remain in the tussle for the Marina Bay integrated resort (IR) following the withdrawal of partners Publishing and Broadcasting (PBL) and Melco International Development.432 words
-
826 2006-01-04 3 RONNIE LIM - NEWS ANALYSIS Country must diversify its energy sources, says RONNIE LIM RONNIE LIM RUSSIA'S action over the weekend to cut off gas to Ukraine should serve as a wake-up call to Singapore: the country cannot afford to be over-reliant on just one or826 words
-
-
Page 2 Advertisements
-
Advertisement309 2006-01-04 2 BT ONLINE BT print subscribers get free access to the Business Times Online. To activate your account log on to http://business-times.asia1 .com.sg. For more information, e-mail btocs@sph.com.sg or call 6388-3838. ss; 2006 Employee Remuneration Reporting Lewi 3, Ballroom 1&2 Seminar Workshop 2006 (Registration begins at 8:30 am) »oK!&ey alumni) oeneral309 words
-
Advertisement53 2006-01-04 2 17 V <l V r A Si v 4 4 M i •-■•Sa* Seminar Workshop on Employee Taxation International Assignmenls 1 ).Hiu.trv :'OOO OO.im S 00pm (ii.inci I ly.ilt Singapore I libisous Room. Level 3 f-I't Si. i'K i 0 w( < iients .illin mi i SS4(H* f^jtilit < '"r53 words
-
Advertisement474 2006-01-04 2 From entry-level hires to the Board of Directors, companies have remuneration reporting duties. When we convene this year for our annual seminar, PncewaterhouseCoopers' (PwC) personal tax and International Assignment specialists will update you on the following: Reporting obligations as an employer and implications of non-compliance Recent tax issues relating to474 words
-
-
Page 3 Advertisements
-
Advertisement124 2006-01-04 3 Ma u y Kis; V*, j j Wednesday a| V V v Wf-> '-^'i s r Jlfei!i l^fe. _^J <yi HFrom 1 February, Singapore Airlines flies 3 times weekly to Pakistan, one of the world's top cricket nations. Marvel at its cultural and artistic heritage in Lahore, and visit the124 words
-
-
COMPANY NEWS
-
Article, Illustration545 2006-01-04 4 WONG WEI KONG - NEW YEAR'S EARLY WINNERS AND CASUALTIES Groups bag deals worth US$175m and S$120m respectively By WONG WEI KONG SEMBCORP Marine and Keppel Corp have kicked off 2006 with new contracts, sending their shares up sharply on the first day of trading in the NewFILE PHOTO - 545 words
-
268 2006-01-04 4 LESLIE YEE - By LESLIE YEE TWO companies yesterday marked the year's first day of stock market trading by withdrawing their planned Singapore listings. Lee Say Holdings and Shengda (Group) Holdings ar& the latest initial public offering (IPO) aspirants to join the list of companies pulling back268 words
-
Article746 2006-01-04 4 R SIVANITHY - HOCK LOCK SIEW By R SIVANITHY According to most stockmarket analysts, the 2006 outlook for equities is positive. To be sure, most indicators do seem to suggest positive returns in the year ahead the growth figures look good, earnings also appear robust and oil prices appear746 words
-
484 2006-01-04 4 SIOW LI SEN - By SIOW LI SEN RUMOURS continued to swirl yesterday that Singapore Telecommunications would buy Thailand's Shin Corp from the family of Thai Prime Minister Thaksin Shinawatra for US$l.7 billion. Shin Corp shares rose 2.96 per cent to 43.5 baht before closing at484 words
-
479 2006-01-04 4 Bloomberg [BANGKOK] Thai Beverage pel, Thailand's largest brewer whose plan to sell scares at home has been stalled by protests, plans to list on both the Singapore and Thai exchanges, founder and president Charoen Sirivadhanabhakdi said yesterday. The company expects to complete theBloomberg - 479 words
-
Article, Illustration501 2006-01-04 5 CONRAD RAJ - Top airframe MRO operator could extend lead over Lufthansa Technik By CONRAD RAJ SINGAPORE Technologies Engineering (STE) the world's largest airframe maintenance, repairs and overhaul (MRO) operator may consolidate its market position even further by acquiring rival SIA Engineering Company (SIAEC),FILE PHOTO - 501 words
-
291 2006-01-04 5 LESLIE YEE - By LESLIE YEE OCBC Bank and Allianz Global Investors (AGI) yesterday launched a fund that will invest in a portfolio of global high-income stocks and sell call options on those stocks. The Allianz GI Global High Payout Fund, to be managed by AGI, will291 words
-
Article, Illustration406 2006-01-04 5 UMA SHANKARI - By UMA SHANKARI TRADITIONAL Chinese medicine (TCM) chain Eu Yang Sen yesterday announced a new management team that aims to boost the group's presence across the region. The team will focus on marketing and product development, and developing the group's clinic division. Eu Yang406 words
-
307 2006-01-04 5 DONALD URQUHART - By DONALD URQUHART NEPTUNE Orient Lines (NOL) shareholders have given the thumbs-up to a capital reduction plan that will see $1.34 billion in cash returned to them. At an extraordinary general meeting yesterday, they unanimously backed a special resolution for the capital reduction and307 words
-
181 2006-01-04 5 LMA North America, the US subsidiary of Singapore-listed medical equipment company LMA International, has won a three-year contract worth more than US$lO million to supply respiratory masks to US healthcare organisation Consorta. Consorta is a group-purchasing and resource management organisation that services more than181 words
-
229 2006-01-04 5 FUNG Choi Printing and Packaging Group yesterday entered into a sales and purchase agreement to buy China-based Flying Media Group from Fedo Profits. It will pay HKS4BO million (S$ 104.4 million) for the entire issued share capital of Flying Media which,229 words
-
-
Page 4 Advertisements
-
Advertisement34 2006-01-04 4 If you are interested to make money, develop people and live an jlflj COACHING CHAMPIONS "W A Professional Coaching Certification Course j <y For more information, please call 6338 5669 *\W info@DifferWorld.com www.PifferWorld.com _.W^%Si34 words
-
Advertisement46 2006-01-04 4 M— ——M I IJBHW 1 125 Years j Ask us about Corporate, Individual or Group Instruction. J Call Berlitz today 6733-7472 or visit www.bertttz.com jj 50f Orchard Roadoos-03/04 Wheelock Place Singapore *****0 j Berlitz course /CA -r-if ifi i jj by: CWI XIMF j 111 J46 words
-
Advertisement20 2006-01-04 4 SCORE CARD Keep your investors informed by advertising your financial results in our newspapers. Call *****89 8822 or email notices#sph.com.sg.20 words
-
-
Page 5 Advertisements
-
Advertisement73 2006-01-04 5 I r Pi U R IP I fr w>M>w »t M »3hw»W»»» vJiim *Sfc>« w i n><-■ Commercial use Area 33,000 sq ft (approx.) Prominent frontage Within cultural/civic district, opposite SMU Ideal for banks, wellness centre etc. Naming rights Vanguard Interiors Re Ltd Please contact: Veronica 6538 4688 -r"\ II73 words
-
SINGAPORE MARKETS
-
Article, Illustration555 2006-01-04 6 R SIVANITHY - STOCKS Gains seen in most sectors while interest in warrants reaches fresh multi-month peak R SIVANITHY Senior Correspondent THE local stock market kicked off 2006 with a bang yesterday, led by gains in most sectors including China, technology, banksSource: Bloomberg - 555 words
-
Article, Illustration744 2006-01-04 6 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS (Disclosures made on Jan 3 and earlier) Subsantial No of Price SHAREHOLDING Shareholder/ Buy Shares Per Before After Stock Trans Date Director Sell '000 Shr ('000) (000) Eastern Hldgs 30-Dec-05 Janet Lim *Buy 9 na ***** 44.92 Memtech 30-Dec-05 Chuang Wen Fu *Buy 875744 words
-
217 2006-01-04 6 CHUANG PECK MING - Compiled by CHUANG PECK MING UNITED Overseas Bank's stake in United Overseas Land continues to dwindle as Wee Cho Yaw—who is chairman of both sees a further rise of his holding in the property company. A filing yesterday shows that UOB's deemed217 words
-
Article283 2006-01-04 6 UMA SHANKARI - Compiled by UMA SHANKARI ComfortDelGro Jan 3 dose: $1.59 KIM ENG RESEARCH. Jan 3 TAXI competition is still a threat. With the latest dip in COE prices, Comfort does not derive significant benefits due to its depredation policy. However, lower COE prices may come as a greater benefit283 words
-
397 2006-01-04 6 CURRENCIES AFP [SINGAPORE] The US dollar was lower against the yen in quiet Asian trade yesterday as the markets gradually got back to normal after the New Year holiday break, dealers said. They said that there was little of note toAFP - 397 words
-
Article, Illustration230 2006-01-04 6 YEO KEE YAN - CHART POINT By YEO KEE YAN, chartist at Kelive Research THE Singapore stock market roared into 2006 with broad-based buying supported by positive sentiment over stronger-than-ex-pected GDP numbers. With the upcoming corporate results season, the buying momentum should accelerate, particularly230 words
-
-
COMPANY NEWS
-
COMPANY BRIEFS
-
106 2006-01-04 7 A SHAREHOLDER who holds 1,000 Jardine Cycle Carriage (JC&C) shares will receive 721 MCL Land shares under a scheme which is part of Hongkong Land's takeover offer for MCL, JC&C said yesterday. It had earlier said shareholders could expect to get between 720 and106 words
-
76 2006-01-04 7 PROPERTY developer CapitaLand Ltd injected US$35 million into a new unit in Shenzhen as part of a plan to buy Chinese malls for US retailer Wal-Mart Stores Inc. CapitaLand in July said it planned to invest 3.37 billion yuan (S$690.6 million) in 15 malls76 words
-
85 2006-01-04 7 SINGAPORE-LISTED Semitech Electronics announced yesterday that its wholly owned subsidiary, Semitech Mobility Solutions, has been appointed as an authorised service provider for Motorola products in Singapore such as cellular telephones and accessories. Semitech will set up a service centre at Plaza Singapura to provide warranty85 words
-
71 2006-01-04 7 TECHNICS Oil Gas Ltd yesterday said its unit Technics Offshore Engineering Pte Ltd has secured more than $15 million worth of orders from Chevron and Shell for the supply of gas compressor packages. The orders, for deliveries in 2006, include the overall design, engineering71 words
-
53 2006-01-04 7 LIM Seek Yeow has resigned as group managing director of China Food Industries (CFI) with effect from March 31,2006. He will, however, continue to serve as a non-executive director of the company. Meanwhile, MengQingzhu, CFl's deputy group managing director, will be re-designated an executive director53 words
-
-
331 2006-01-04 7 SIOW LI SEN - By SIOW LI SEN STRAITS Trading shares fell as much as 3.4 per cent yesterday following news that the OCBC Bank group is divesting an 8.6 per cent stake in the investment holding company. On a day when the market kicked off the new331 words
-
Article, Illustration653 2006-01-04 7 PAULINE NG - By PAULINE NG in Kuaia Lumpur WEIGHED d6wn by a tremendous overhang of loan stocks, Berjaya Corporation tanked upon its relisting yesterday, in the process taking with it a number of counters associated with the group. Formerly of Berjaya GroupBLOOMBERG - 653 words
-
527 2006-01-04 7 S JAYASANKARAN - By S JAYASANKARAN in Kuala Lumpur THE tussle for control of Malaysia's ninth largest lender Southern Bank (SBB), which is still trying to acquire Singapore's Asia General Insurance, has taken on a new dimension. A legal battle is brewing with the first527 words
-
Article, Illustration413 2006-01-04 7 ARTHUR SIM - SGX PI jumps 1.9%, while IR-linked property counters all see gains By ARTHUR SIM FACTORS combined yesterday to give property stocks a boost with the Singapore Exchange Properties Index (SGX PI) rising 13.48 points or 1.9 per cent. And CapitaLand, with 12.1 million sharesSource: Bloomberg - 413 words
-
-
Page 7 Advertisements
-
Advertisement1503 2006-01-04 7 CRAFT PRINT INTERNATIONAL LIMITED (Incorporated in Singapore with limited liability) (Co. Reg. No: *****1572K) NOTICE IS HEREBY GIVEN that the Annual General Meeting of Craft Print International Limited ('the Company") will be held at 9 Joo Koon Circle, Jurong, Singapore *****1 on Friday, 20 January 2006 at 10.00 a.m. for1,503 words
-
-
SINGAPORE NEWS
-
Article, Illustration598 2006-01-04 8 OH BOON PING - PMI falls 1.3 points, but analysts say industry still on growth path By OH BOON PING MANUFACTURING activity in December expanded for the eighth consecutive month, but at a slower pace than in November. However, analysts believe the industry is still on a growth path,AP - 598 words
-
Article, Illustration309 2006-01-04 8 AMIT ROY CHOUDHURY - By AMIT ROY CHOUDHURY ORACLE yesterday announced the appointment of Michael Yap in the dual role of managing director for Oracle Singapore and vice-president of business development for Oracle Asia Pacific. Mr Yap assumed the positions yesterday. As MD, Mr Yap will be responsible for309 words
-
323 2006-01-04 8 TALK about smelling out an opportunity. Local biotechnology firm Aromatrix, which cleans odorous air. has won its first industrial contract from a tannery company in Australia. The contract, worth A 5322.000 (*****,300), was awarded to associate company Aromatrix Australia, which is one-third owned323 words
-
Article, Illustration509 2006-01-04 9 CHEN HUIFEN - He'll build structure to carry out aims of National Research Foundation By CHEN HUIFEN ECONOMIC Development Board chairman Teo Ming Kian has been appointed Permanent Secretary of national research and development in the Prime Minister's Office. The appointment comes after Mr Teo,FILE PHOTO - 509 words
-
372 2006-01-04 9 SIOW LI SEN - By SIOW LI SEN THE number of people in Singapore subscribing to third-generation mobile phones has risen by a factor of six since May. The 3G systems are capable of offering improved service, including Internet and broadband data but even with the increased number372 words
-
Article317 2006-01-04 9 ARTHUR SIM - By ARTHUR SIM DBS Tampines Centre and Pavilion is up for collective sale at an asking price of $200 million. The buildings, close to Tampines MRT station, are part of Tampines Regional Centre. DBS Tampines Centre is an eight-storey commercial building with shops in317 words
-
-
Page 8 Advertisements
-
Advertisement1604 2006-01-04 8 DATACRAFT ASIA LTD (Incorporated in the Republic of Singapore) (Registration No: *****1842Z) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting ("EGM") of the shareholders of Datacraft Asia Ltd (the "Company") will be held at Conrad Centennial Singapore, Two Temasek Boulevard, Singapore *****2 on 201,604 words
-
Advertisement323 2006-01-04 8 IN THE MATTER OF THE COMPANIES ACT, CHAPTER SO FCA 810 PTE LTD. (Co. Reg. No: *****4832H) MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company held on 27 December 2005, the following resolutions were duly passed: 1. SPECIAL RESOLUTION WINDING-UP That the Company be wound up voluntarily323 words
-
-
Page 9 Advertisements
-
Advertisement276 2006-01-04 9 w ~4> pH f II I |r F W v I Don't just be heard, H 9 I r J J be seen. With Video Call H RB pi I. V on you cgpi now see the behind H —J < r 1 ■—J i, V-**. n behind the celebration276 words
-
-
ECONOMY WATCH
-
Article, Illustration884 2006-01-04 10 Oil prices may be set to ease, but uncertainty remains over Opec cuts AFP [PARIS] World oil prices, after a 40 per cent surge in 2005, may now be set to ease in the face of warmer weather in the USAFP; REUTERS - 884 words
-
Article, Illustration583 2006-01-04 10 Bloomberg [TAINAN. Taiwan] Vietnam's economy expanded last year at the fastest pace in almost a decade, led by gains in construction, tourism and telecommunications. Gross domestic product grew 8.4 per cent in 2005, according to preliminary figures released by theBloomberg; AFP - 583 words
-
598 2006-01-04 10 Slow response could pose risk: central bank source Reuters [MUMBAI] India is witnessing "excessive" monetary and credit expansion and if the response is not timely, it will pose a risk to price stability, a source close to the central bank said yesterday. India's moneyReuters - 598 words
-
290 2006-01-04 10 Bloomberg [HONG KONG] Hong Kong's retail sales grew at the slowest pace in more than two years in November, suggesting that rising interest rates are eroding consumer spending. Sales rose 4.2 per cent from a year earlier to HK$l5.BBloomberg - 290 words
-
-
Page 10 Advertisements
-
Advertisement19 2006-01-04 10 Lianhe Zaobao First I Taiwaiese I I trait Millet I in China I opens I I I I auriiffat19 words
-
-
MALAYSIAINDONESIA
-
471 2006-01-04 11 PAULINE NG - Calls for management to explain sale's circumstances By PAULINE NG in Kuala Lumpur PROTON'S sale of loss-mak-ing MV Agusta for a mere one euro (551.97) has irked former Proton strongmen Mahathir Mohamad and Mahaleel Ariff. Dr Mahathir, the former prime minister and current Proton471 words
-
314 2006-01-04 11 Bernama [JAKAßTA] Vice-President Jusuf Kalla said he was too embarrassed to talk about corruption because Indonesia Transparency (TI) had categorised political parties in Indonesia as the most corrupt institution in the country, Antara reported on Monday. "I actually feel really embarrassed to speakBernama - 314 words
-
Article2409 2006-01-04 11 vol Jaw 3 KM +f- C000) ASM Realty 146 unch 0 Abric .030 0.01 8 ACP Industries 0.64 -0.01 16 Advance Synergy 0.21 -0.01 38 Adventa 0.25 -0.03 21 AE Multi 0.24 -0.02 56 AffinHldgs 1.57 unch 67 Ahmad Zaki Res 1.15 -0.02 53 AlCCorp 1.15 -0.01 42,409 words
-
Article, Illustration575 2006-01-04 11 Aircel purchase is earnings dilutive, says broking house Bloomberg [KUALA LUMPUR] Shares of Maxis Communications Bhd fell after Avenue Securities cut its rating on Malaysia's biggest mobilephone company on concern its purchase of an Indian rival will raise financing costs andBloomberg; Source: Bloomberg - 575 words
-
BRIEFLY ASIA
-
75 2006-01-04 11 Bloomberg [HONG KONG] China's banking regulator may relax restrictions to allow HSBC Holdings Pic to raise its stake in Bank of Communications as soon as next month, Sing Tao Daily said, citing unidentified people. HSBC, Europe's largest bank by market value, bought a fifthBloomberg - 75 words
-
Article51 2006-01-04 11 AFP [KUALA LUMPUR] The US embassy in the Malaysian capital remained closed yesterday, after being shut down last week in a security scare over suspicions it was under surveillance. The embassy was shut last Friday following "recent suspected surveillance incidents", said embassy spokeswoman KathrynAFP - 51 words
-
69 2006-01-04 11 Bloomberg [ISLAMABAD] Pakistan's government is set to sell the right to manage National Investment Trust Ltd, the country's biggest mutual fund with a 62 per cent market share, by end-March, the Karachi-based company's chairman said. The government is splitting the 77 billion rupeeBloomberg - 69 words
-
-
-
Page 11 Advertisements
-
Advertisement390 2006-01-04 11 Australia Bank A The National Australia Bank Group (The National) is a blue chip international I financial services organization providing a comprehensive and integrated I range of financial products and services. I Headquartered in Australia, the National is Australia's largest bank and is r I ranked as a top 20390 words
-
-
GREATER CHINA
-
167 2006-01-04 12 Reuters [LONDON] Pakistan is in talks to buy up to eight nuclear power reactors from China for between US$7 billion and US$lO billion, Britain's Financial Times reported yesterday. Construction on the plants could start by 2015 and end 10 years later, the newspaper said, quotingReuters - 167 words
-
Article, Illustration440 2006-01-04 12 MATTHEW PHAN - By MATTHEW PHAN [SINGAPORE! Two top Hong Kong businessmen, brothers Victor and William Fung of Li Fung Group, have been named by Forbes Asia as its Businessmen of the Year for 2005. Dr Victor Fung, 60, is group chairman ofPHOTO: APPLE DAILY - 440 words
-
760 2006-01-04 12 Stock market raised record HK$192b; mega China bank IPOs likely in'06 [HONG KONG] Last year was a bumper year for investment bankers, brokers and investors, thanks to a buoyant listing market, reports the South China Morning Post. Looking ahead into760 words
-
577 2006-01-04 12 Reuters [HONG KONG] Minority shareholders in China's top offshore oil and gas producer, CNOOC Ltd, rejected a proposal that would allow its state-owned parent to acquire overseas assets on behalf of the group, dealing a setback to the group's expansion ambitions. "It's notReuters - 577 words
-
465 2006-01-04 12 Move could help get around ban on island's regulators Bloomberg [TAIPEI] Taiwan's government said it may hire accounting firms to monitor businesses from the island operating in China, where Taiwanese regulators are forbidden. Taiwanese businesses and individuals have invested about US$lOO billion inBloomberg - 465 words
-
380 2006-01-04 12 Bloomberg [SHANGHAI] China will use prices from interbank trading to set the daily yuan fixing rate from Jan 4 as the country moves towards allowing more exchange-rate flexibility. The People's Bank of China will release the daily fixing rate at 9.15Bloomberg - 380 words
-
-
Page 12 Advertisements
-
INDIA
-
Article, Illustration865 2006-01-04 13 Parents pay for banking blood from newborn's umbilical cord AFP [BANGALORE] Cashing in on a high birth rate and the enormous potential of stem cell research, India's biotechnology firms are coaxing more parents to bank blood from their newborn's umbilical cord.AFP - 865 words
-
213 2006-01-04 13 [LONDON] Outsourcing to India is not the only worry for trade unions in the UK, according to the Hindustan Times. Their other worry now is that Indian technology workers, flooding the UK on temporary permits, are undercutting local wages and raising the213 words
-
412 2006-01-04 13 Last year, more than 754b rupees was raised abroad Bloomberg [MUMBAI] Indian companies will likely step up capital raisings overseas this year, taking advantage of increasing demand for Indian assets, after selling 88 per cent more of bonds and shares inBloomberg - 412 words
-
Article, Illustration786 2006-01-04 13 NEWS ANALYSIS Asian companies put less emphasis on investment advice than Western firms Reuters [SINGAPORE] Investment bankers are awash in takeover deals in Asia's energy sector, another by-product of the thirst by China and India for oil reserves, but bankers stillReuters; REUTERS - 786 words
-
328 2006-01-04 13 AP [HYDERABAD, India] A southern Indian city was on alert yesterday during a visit by the prime minister following the arrests of two suspected Islamic militants and reports of possible suicide bombing attempts, police said. Hundreds of police fanned out across theAP - 328 words
-
-
ASIA-PACIFIC/WORLD
-
Article, Illustration529 2006-01-04 14 Key indices in Australia, South Korea and India touch new highs Bloomberg [HONG KONG] Asian stocks had their biggest gains in six weeks yesterday. The Morgan Stanley Capital International Asia-Pacific (excluding Japan) Index added 1.1 per cent to 310.89 at 6.20pm inBloomberg; AFP - 529 words
-
384 2006-01-04 14 LATEST US DATA But homebuilding falls for the first time in five months Bloomberg [WASHINGTON] US construction spending rose less than forecast in November as homebuilding declined for the first time in five months, government figures showed yesterday. Spending increased 0.2 per cent toBloomberg - 384 words
-
Article, Illustration329 2006-01-04 14 Clipper Ventures - Round-the-World Yacht Race. Leg 4, Race 5, Day 3 Clipper Ventures AFTER excellent work by the boatbuilder in Fremantle, Cardiff's rudder was offered up to the yacht just after midday yesterday, and she left die dock at 5.07pm local time. Conor Fogerty and his crew will resume racing from329 words
-
280 2006-01-04 14 Reuters. Bloomberg [NEW YORK! Worldwide sales of semiconductors continued growing at a quick pace, reaching US$2O.4 billion in November, the Semiconductor Industry Association said yesterday. Global semiconductor sales rose by 7.2 per cent from US$l9 billion reported for November 2004, helped byReuters.; Bloomberg - 280 words
-
631 2006-01-04 14 Orders fuel growth in manufacturing in eurozone, Japan Reuters [LONDON] The eurozone's manufacturing workforce grew in December for the first time since 2001, adding to earlier evidence from Japan indicating that demand for factory goods ended 2005 on a high note.Reuters - 631 words
-
Article, Illustration247 2006-01-04 14 Bloomberg [MANILA] NTT DoCoMo, the world's second-biggest mobile phone operator, will invest US$3OO million in Philippine Long Distance Telephone Co (PLDT), according to Philippine President Gloria Arroyo. Ms Arroyo, in a nationwide television broadcast, said yesterday that the Ma-nila-based company's chairman ManuelBloomberg; BLOOMBERG - 247 words
-
Article164 2006-01-04 14 Reuters [LONDON] Global bank HSBC yesterday said its chief operating officer, Alan Jebson, would retire at the annual investor meeting in May and that it had hired the chairman of Rolls Royce as a non-executive director. HSBC, the world's thirdlargest bank, did not announceReuters - 164 words
-
-
WORLD
-
832 2006-01-04 15 They are mostly unreliable but readable as they provide the raw, detailed information that many people in the markets find useful Bloomberg FINANCIAL historians may well judge 2005 as a year with few significant events. The one development they should not overlook is theBloomberg - 832 words
-
Article, Illustration547 2006-01-04 15 GAS ROW Flak from Europe seen as reason for Russia turnabout NYT [MOSCOW] Faced with mounting criticism from its natural gas customers across Western Europe, Russia on Monday restored most of the gas it withheld from Ukraine's pipeline system a day earlierNYT; REUTERS - 547 words
-
644 2006-01-04 15 NYT [HOUSTON] The dispute between Russia and Ukraine over natural gas supplies has implications for the fast-evolving international trade in natural gas. While Gazprom, Russia's state-controlled energy behemoth, said on Monday that it would resume pipeline shipments of natural gas across Ukraine toNYT - 644 words
-
502 2006-01-04 15 LAT-WP [PHILADELPHIA] Graffiti and billboards are sensitive topics in this densely packed city, where municipal officials and community groups have joined forces in recent years to crack down on advertisers who had blanketed low-income neighbourhoods with ads for beer, liquor and action films. The cityLAT-WP - 502 words
-
381 2006-01-04 15 Bloomberg [SEOUL] Worldwide sales of consumer electronics will probably rise to a record U*****.4 billion this year, fuelled by demand for televisions, a trade association said. Industry sales will probably rise 8 per cent this year after growing a better-than-expected 11 per centBloomberg - 381 words
-
-
AVIATION
-
539 2006-01-04 16 It expects to raise HK$10b in IPO next year to fund expansion Reuters [HONG KONG] A Hong Kong startup airline aims to depart from the standard budget carrier model by operating exclusively on longhaul routes. Oasis Hong Kong Airlines, launched by a hus-banpl-and-wifeReuters - 539 words
-
Article646 2006-01-04 16 JOE SHARKEY - The new long-range planes will revolutionise round-the-world flying By JOE SHARKEY NYT I PREDICT that 2006 will be the Year of the Long Haul a good thing, too, because shorthaul flying, the routine of so many business travellers, continues to be a grind asNYT - 646 words
-
212 2006-01-04 16 AFP [HANOI] Vietnam Airlines said yesterday it desperately needs to find more aircraft for lease in order to operate its growing business but there are very few suitable planes currently available. "There are currently almost no aircraft to lease on the internationalAFP - 212 words
-
Article601 2006-01-04 16 CITY FU6HT EI* FUGMT ETP 48a m JII Jib m 1551 atJ! 85 »Sot lagawan |ljjjj p landung M»00 1146 M2»1 1245 VF307 2310 Beijing Brisbane CiTrns A67S61 1910 A***** 2235 Capetown 5Q4M 0136 Cebu MI588 T910 Mj|j: 0|j5 <*** srwesii 0=51 b H8 ®i ill601 words
-
Article, Illustration517 2006-01-04 16 Bloomberg [WASHINGTON! Independence Air, a low-fare airline that filed for bankruptcy in November, will stop operating today, saying it was unable to find offers that would give it the money to keep flying. The last flight by Independence, a unit of FLYi Inc,Bloomberg; BLOOMBERG - 517 words
-
-
Page 16 Miscellaneous
-
Miscellaneous345 2006-01-04 16 CRYPTIC CROSSWORD 1 Abandoned ship with nothing surrounded by water 12 Fight back's undesirable (5) HI jflj flfl jflT 13 Astral region includes ethereal sign, initially (5) I I I I I i I 16 Proved guilty and was choked, so they say (6) 17 Discovered sixth sense that is345 words
-
-
SHIPPING
-
Article, Illustration461 2006-01-04 17 DONALD URQUHART - 12 international port operators briefed in November: report By DONALD URQUHART [SINGAPORE] The bidding process for Panama's US$6OO million container port project kicked off yesterday with global port operators, including PSA International, set to square off yet again. The Panama Maritime AuthorityREUTERS - 461 words
-
Article, Illustration296 2006-01-04 17 AFP [MARSEILLE] A French warship insulated with asbestos which is at the centre of a court battle with environmental groups, resumed its final journey to an Indian breaker's yard on Monday, authorities said. The aircraft carrier Clemenceau was hooked up to a powerful Dutch tugboatAFP; REUTERS - 296 words
-
700 2006-01-04 17 DAVID HUGHES - STRAIT TALK By DAVID HUGHES THERE are few signs that the relatively good times enjoyed by most sectors of the shipping industry will come to an abrupt end in 2006. Nevertheless, there are sufficient challenges lying ahead to test the commercial acumen of ship700 words
-
296 2006-01-04 17 Bloomberg [LONDON] Pirates in speedboats targeted a tanker in the Gulf of Aden on Monday in one of four incidents reported worldwide in the past week, according to the International Maritime Bureau. Three speedboats with up to four people on board followedBloomberg - 296 words
-
PORT SHOTS
-
Article191 2006-01-04 17 AFP [BEIJING] Chinese scientists are about to embark on a complex operation to salvage a merchant ship that sank more than 800 years ago while plying the so-called "Marine Silk Road", state media said yesterday. The 25-metre vessel, named "Nanhai No 1" will be rescuedAFP - 191 words
-
92 2006-01-04 17 Reuters [HONG KONG] Jardino, Matheson Holdings Ltd has agreed to sell its entire 19.87 per cent interest in sea freight forwarder BALTrans Holdings Ltd to Japan's Mitsui Co for HK5241.2 million (5551.5 million), BALTrans said yesterday. The price represented about HKS4 per BALTrans share,Reuters - 92 words
-
-
144 2006-01-04 17 Bloomberg LONDON] Istithmar, Dubai's investment company, agreed to buy Inchcape Shipping Services for US$2B5 million from Electra Investment Trust pic, expanding its investments in Europe. London-based Inchcape provides shipping services to more than 2,500 customers in industries including oil, according to its website. Electra,Bloomberg - 144 words
-
Article287 2006-01-04 17 SGX *000 J—3 SS Vol CH Offshore 0-38 0.02 107 ChuanHup .0.40 0.01 £654 Coko Corporation 331 0.0S 6289 CWT Distribution .083 -0.01 70 EzraHkte 1.49 0.03 38S Freight Urte .0.06 0.01 443 Grand Banks Yacht .0.88 unch 22 Java Holdings 13S 0.01 212 K1 Venture....- .0.34 0.02287 words
-
-
Page 17 Advertisements
-
Advertisement11 2006-01-04 17 22-24 Mar 2006 Asia Pacific Singapore Expo mar<time www.apmaritime.com y i11 words
-
-
EDITORIAL & OPINION
-
536 2006-01-04 18 EDITORIAL WITH help from a particularly strong 7.7 per cent expansion in the fourth quarter, the Singapore economy ended 2005 on a high note. The 5.7 per cent growth recorded for the year as a whole, while lower than 2004's 8.4 per536 words
-
Article, Illustration766 2006-01-04 18 FRANK CHING - THE BOTTOM LINE FRANK CHING TO the consternation of his political foes and the delight of his allies. President Chen Shui-bian delivered on New Year's Day an address in which he made it clear that he is as determined as ever to766 words
-
Article, Illustration1475 2006-01-04 18 FLOYD NORRIS - Lately, Wall Street's consensus forecast seems more likely to miss than to hit By FLOYD NORRIS NYT AS 2006 begins, the great American housing boom is going to weaken, if not collapse. But that will not hurt the economy very much, andNYT; BLOOMBERG - 1,475 words
-
Article, Illustration1487 2006-01-04 19 NICOLE LIANG HUI MEI - As China prepares to launch its lucrative 3G services, its regulatory bodies have major obstacles to overcome By NICOLE LIANG HUI MEI THE waiting list of suitors for China's 3G licence is getting longer. But the Chinese government is being coy and lackadaisical as toAFP - 1,487 words
-
626 2006-01-04 19 Tan Sin Liang - LETTERS TO THE EDITOR Tan Sin Liang (Compliance lawyer) SL Tan Co Advocates and Solicitors Singapore I REFER to the interesting article "Time for laws to protect whistle-blowers" (BT, Dec 29) by Michelle Quah. There has been much interest recently in embracing "whistle-blowing" as part of626 words
-
Article596 2006-01-04 19 Narayaqa Narayana Singapore - Narayaqa Narayana Singapore THE commentary, "Time for laws in S'pore to protect whistle-blow-ers" (BT, Dec 29), carries the terse statement: "The matter was brought up in Parliament in 2004. But a law was rejected on the grounds that it remained unclear whether such legislation worked in596 words
-
225 2006-01-04 19 Lu Kee Hong Singapore - Lu Kee Hong Singapore I REFER to the article "Sea-gate-Maxtor deal to hit some Singapore suppliers" (BT. Dec 23). 1 have been in the semiconductor industry since 1984 and have seen many ups and downs. I have seen lots of consolidation in the hard225 words
-
-
Page 19 Advertisements
-
Advertisement102 2006-01-04 19 HAVE YOUR SAY Fax your letters to 6319-8277 or email them to btletterOsph.com.ig or write to: The Business Times,SPH HQ, 1000 Toa Payoh North, Podium Level 3, Singapore *****4. We need your full name, address and telephone number for verification. Please use temperate language, and bear in mind libel laws.102 words
-
-
Article11139 2006-01-04 20 SGX MAINBOARD Transaction date: Jan 3 52-Wk Td Last Vol Day laat Quota GrDiv Mr OrVW NM MCaa Uw Cod* Company Sato (000) I 75 2 5716 1st Software 5c 3 +0.5 1643 3 2.5 2 3 12.1 22 6 3148 BTelecomUS2c 7 5 unch 14 7.5 711,139 words
-
Article6125 2006-01-04 21 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In loot out la St la USS %&f yr Kdy %yr tty \yi Jan I IndtJi Changa Change Change Change Chang* ttjl World Indei Preliminary 970.6 ftl 133 M W Oil 7.7 *EAFEPreliminary 975.5 OJ 263 W 13.2 OJ U.I furtpt Preliminary 12926,125 words
-
Page 22 Advertisements
-
Advertisement965 2006-01-04 22 NYK GROUP SOUTH ASIA PTE LTD P" I\ VTW M'TGU TEL 6295 0123 M aJLune t£*gdf A3 A LINE Fax: 6292 2856 (Regional sales) 6239 7109 (OPS)/ 6299 5785 (Documentation) V NIPPON YUSEN KAISHA TOKTOKNMKUKAOHA.ua (C/R NO: **********0E) UK CONTINENT SERVICE U.S.A. SERVICE f Destination Destination C BRAVE ATW/RTM/BMN/TLB/NAN ANNETTA965 words
-
Advertisement466 2006-01-04 22 jWIERABA RQ&O IMVICI vßsaywr umyt) HBBHUW m «a ia SM MT STUITS VBdl) If 24/05 IS 12 11/17 21/12 01/01 00/01 06/01 srunsvenuKei/tt is 12 11/01 14/01 Isnumvanig 02/04 is 1? 23/01 24/01 31/01 03/02 OS/02 aw syp m mm kt |a m cotumwiaoa/03i a 2121/12 23-23/12 24-27/12 2121/12 skip-466 words
-
-
Page 23 Advertisements
-
Advertisement1401 2006-01-04 23 WAN HAI INTERNATIONAL PTE LTD a NO; 144WM000/* V *1 TEL:*****588 (HUMS) FAX:*****143 VS\WAN HAI LINES assssattSMSSSS-. c.« «a mnm WWW.WQnnOI.tBW.ig mP:)0H)41S7l»3M:(06l)41SW?S/*****09 no ran gj up jojh g Jt m JUL EE H! fi« HL_ WHNHAI2II Hl7O 30/12 01/ Dl 03/01 03/tll OWIOI/01 11/Jl 1 VDI 15/01 14fll WAN HAI1,401 words
-
Advertisement1071 2006-01-04 23 VBSa YQY SIM JKT HK6 KHH IMC KYM HIS VESSEL VOY Tf JKT SU» HKG IISM PUS HYIBO6E 105S VI 7/1 11/1 >4/1 16/1 11/1 11/1 KMTC SIWGAPOtE SIIS 1/1 11/1 12/1 17/1 21/1 22/1 HY VLADIVOSTOK 170S 12/1 IVI IV/1 21/1 23/1 2S/1 25/1 KMTC JAKAITA 601S 15/1 11/11,071 words
-
Advertisement665 2006-01-04 23 W £>( WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS Vissa I VOY SIN fJtUM6|COIOWtO N. SHEVA [COUXMO MFaw M Ma IHDIIi tUMDHI DIOOW 23 JAM 24 JAM ZLIil 3QJU jjggl miv gawdhi JUJffltL JfLiAH ILiAH BIS fititt ttig— KOTAKfIAMA YPMO3I gg 07 FEI 10665 words
-
-
Page 24 Advertisements
-
Advertisement898 2006-01-04 24 mNordana (Asia) Pie Ltd LSZ' 70 Slurt- Wty, #11-03 Ufarhw Hw» Shgw 07*111 NORTH WEST EXPRESS LINE MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS DAIB Alt ARRIVAL DATES VtSStL TOY I frwHi CfsMod Orirt—hhrf P»rir6«di Island Express lE6OI 06 Jon 16 Jon 25 Jon 21 Jon 03 fob blond Express898 words
-
Advertisement1161 2006-01-04 24 vissa yoY m wu rasa vor «r MCMMPA *****1 25/12 tt/H «Jg «/j>| CV2301 ffiQTf 24/12 71/12 "Cg™ gg T«?t! mcmmm mm v/n run n(.VMM U22H BW 2JZ!2_ KSST J»T _SLZ2fI KIM ZJZI2 HZU_ 5S -mcjanm m MZI2 azn_ KSr SS -gm— 5% rasa vor s» rm -BLMKm 5241 H/911,161 words
-
Advertisement665 2006-01-04 24 BSA jl MYANMA WBM FIVE STAR LINE (MyoMiar National Use) Loading for Yufwi vissa vor sin m pin pgu PAGAN 341W SID PAGAN 34¥W SU) IN MALAYSIA: lOUSTEAD SHIPPING AGINCIIS KUt/PKL 03-*****JM PEN: 04-*****1S j^fassmm ACCEPTING CONVENTIONAL CBO VBSa WIIK 9N ra KM n mi SM IWI ■MMMKIHTST 3 SID665 words
-
-
THE BUSINESS TIMES SHIPPING TIMES
-
8283 2006-01-04 25 This ETA eta Advertiser Vessel Veyaje Telephone SIN Desfn Name Name Number Number To ABIDJAN (ABJ) 2003 Cote D'lvoire 12/01 21/02 China Shpg CSCL FELIXSTOWE SX203W *****898 12/01 21/02 China Shpg PERTH BRIDGE 097A *****898 13/01 08/02 Del mas DEIMAS KERGUELEN 608W *****344 18/018,283 words
-
-
MOTORING
-
Article, Illustration553 2006-01-04 27 SAMUEL EE - Toyota remains most popular car, followed by Nissan and Hyundai By SAMUEL EE THE surprise in 2005 was not which brands topped the sales charts but which gained market share. The three most popular makes remained the same, though the number two spot553 words
-
Article, Illustration583 2006-01-04 27 SAMUEL EE - By SAMUEL EE A QUARTER-million-dollar party welcomed in the new year and the new home for the Mini brand in Singapore at midnight last Saturday. Like the heralding of 2006, the opening of the Mini Habitat at 27 Leng Kee Road583 words
-
-
Page 27 Advertisements
-
Advertisement301 2006-01-04 27 Diners Club Card r„«pp/»«064i6o98o A World of Exclusive Privileges Treats Diners Club J- V. International' L'VHHHHP u-wtv.arners.com.sg rSSTiSH SZETSSES?. SHSZSZS P-SZS l 1 5 a 1*.,. "i J i In Spring C oui i pJ The Oldest Chinese Restaurant in Sinqapote since I 9/ )C 7(V' jj I i SS76I301 words
-
-
executive Money
-
770 2006-01-04 28 CHET CURRIER - The dilemma of short-term versus long-term investments is bewildering US mutual fund investors again, says CHET CURRIER CHET CURRIER Bloomberg [NEW YORK] ALONG with bond traders, pension managers and other assorted big-timers, mutual fund investors by the millions begin 2006 facing the riddle ofBloomberg - 770 words
-
Article, Illustration1166 2006-01-04 28 TOM PETRUNO - Analysts expect 2005's economic, market trends to continue By TOM PETRUNO LAT [LOS ANGELES] In hindsight, many investors now know what they should have done a year ago: Put more money in foreign stocks. Be wary of sinking too much into real estate.LAT; AP - 1,166 words
-
586 2006-01-04 28 JOHN F WASIK - Nano an investment plan that runs itself With a handful of ETFs, it covers both stocks and bonds By JOHN F WASIK Bloomberg [NEW YORK] Just for once, it would be great to start the year with a small and simple investment plan and not have to worry about it.Bloomberg - 586 words
-
Article, Illustration272 2006-01-04 29 Chua Boon Lee - By Chua Boon Lee Standart Poor's Asociation Equity funds EQUITY funds in Singapore are poised for a third straight year of gains in 2005, acconfing to Standard and Poor's data for the period to Dec 23. Of the 477 equity funds in the Singapore database only 10 failed272 words
-
Article, Illustration657 2006-01-04 29 ROY VARGHESE - MONEY MATTERS S'pore investors need to take a leap of faith back into the markets ROY VARGHESE IT was Jan 10.49 BC. Julius Caesar had a difficult decision to make. An ancient Roman law forbade any general or standing army from crossing a small stream657 words
-
Article5274 2006-01-04 29 UNIT TRUSTS FUNDS ABM Amro Amt Mgt (S'pora) Star Europe Eqty!" 0.869/ Star Europe Bond 1202/ Star Europe Bal 1.14V Star Asian Tiger Eqty 1.139/ Star Asia Bond 1334/ Star AsiaJalanced 1.082/ Star GktefTeciinotogyFimd!" 10.21/ Mum St HK..~...._ 1.061/ Star Asia BorxXUSO) 0.801/ GlbMultiStUSD 1.133/ Asia Bond FdA 96.88/ Asia5,274 words
-
-
Page 28 Advertisements
-
Advertisement48 2006-01-04 28 Vemue HDB Hub Convention Centre Woodlands Room (Basement 1) 480 Lorong 6 Toa Payoh, Singapore Date 7 January 2006 (Saturday) Time 2to 4 p.m. WKEfiKBkI For reservations, pis contact ■HmMI Judy Tan at 6299-2222. KEfiUHj Free Seminar on General Insurance brought to you HHHH by Target Insurance Brokers48 words
-
Advertisement9 2006-01-04 28 MONEY MATTERS Crossing the Rubicon in 2006 pg 299 words
-
-
Page 29 Advertisements
-
Advertisement23 2006-01-04 29 AllianzGl Global High Payout Fund iat< i stars Allianz (jfi) by Mercer Investment Consulting. Visit OCI3C Bank for details. ciobaiinvestors J lomp.iny no23 words
-
-
SPIRIT OF ADVENTURE
-
Article, Illustration1173 2006-01-04 30 CHEAH UI-HOON - Architect Guz Wilkinson talks to CHEAH UI-HOON about his travel adventures and the sailing expedition that led him to berth in Singapore CHEAH UI-HOON CONTRARY to the idea thatyou'll have all the time in the world to relax and reflect on life and living while1,173 words
-
Article31 2006-01-04 30 High speed handling and performance were perfected at Germany's Nurburgring and Italy's Nardo Bowl racing circuits, allowing the all new Land Rovers to outperform most luxury cars.31 words
-
-
Page 30 Advertisements
-
Advertisement298 2006-01-04 30 Peqent Motors I Minted Uifi A. •x,in < U. i Ro.n! S n.j.tpo"' > t u l i i .?i''» |ltllll Tel 6376 0D77 www Mnclrover .mm so h; jfl mlt I, 1 i I i S> "<1 H II "i 1 i <P 4 jjSl I. 390bhp to blur298 words
-
Advertisement24 2006-01-04 30 Im^mW A n 60 BEYOND This weekly series profiling high-flying executives who find adventure outside of work is brought to you by Land Rover24 words
-