The Business Times, 6 March 2006

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Total Pages: 28
1 28 The Business Times
  • 24 1 THE BUSINESS TIMES SlNGAP6Rt«srcents online at http://business-times.asia 1 .com.sg MICA (P) 099/03/2006 Monday, March 6,2006 iihhiiiih h i iniii urn in i iiii'iiiiii^wii'inn l
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  • 966 1  -  US patents granted to local inventors triple in 5 years By DANIEL BUENAS [SINGAPORE] Singapore is well on the way to achieving its goal of becoming a knowledge hub. The number of US patents granted to locally based inventors has almost tripled
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  • 717 1  -  But interest rates are near peak, could start sliding later this year: market players By LESLIE YEE [SINGAPORE! Home own* ers can expect further rises in their mortgage payments, but interest rates may be nearing peak levels and could start coming down
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  • Page 1 Advertisements
    • 33 1 A VIEWS FROM THE TOP Making Singapore a knowledge hub pgs4&s BizVT Oracle sets up special business unit PG 25 China's growth to slow to 8% this year: Premier Wen Jiabao pg 15
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    • 7 1 8 l) I Markets Digest Pg 2
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    • 42 1 PPH DINING OUT fjuS&R From Roman-inspired fare OTfc'j to Japanese deligbts t The deck is stacked against investors J. SA \J Hvhert itcomes to theCEO'spay.s -Warren Buffett hitting out *t outlandish goodies showered ifM) nM? 0 ?>? B j i gjlH^^^I 3fc• JaSr^^^^H
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  • TOP STORIES
    • 564 2  -  Some of them manage funds of US$1b and more By SIOW LI SEN [SINGAPORE] Fund manager Teng Ngiek Lian is a billion-dollar man. And in US dollar terms, no less. His Target Asset Management sprinted into the big league after it
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    • 508 2 Merged entity will have US$12sb in sales, US$160b market cap NYT Reuters. AP. [NEW YORK] US telecoms group AT&T is planning to acquire No 3 US regional telephone company BellSouth, US newspapers reported yesterday, adding that a deal worth US$65 billion could be
      NYT; Reuters.; AP.; BLOOMBERG  -  508 words
    • 576 2 Buffett banks on firms with profits outside US WARREN Buffett considered by some as America's greatest capitalist is banking on foreign stocks, including those of PetroChina, China's biggest oil company. He is also banking on one of three shortlisted Berkshire Hathaway Inc executives chosen by him and fellow
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    • 706 2  -  Poll finds concerns over political risks, governance issues By MICHELLE QUAH [SINGAPORE] Investors in four of the world's most rapidly emerging economies Brazil, Russia, India and China (Brie) are tempering their optimism for growth in these markets with concern about domestic political
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    • 136 2 MARKETS WNk Chge ST1 .2493.43 .....+39.76 KLSE COMP 916.93 -7.98 NIKKEI 225 *****.34 -438.57 HANG SENG ......*****.00 -54.05 SET INDEX 753.39 +11.59 JAKARTA COMP ...1261.27 +45.13 MANILA COMP ....2130.37 +60.44 TAIPEI TAIEX 6716.84 ....+178.62 SEOUL COMP 1328.95 --36.87 SHENZHEN B .251.03 -1.79 AUSTALLORD 4862.10 +12.70 DOW JONES *****.59
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    • 553 3 Move offset by cutting Berkshire's foreign currency stake by 35% Reuters. AFP [NEW YORK] Warren Buffett, sometimes thought of as America's greatest capitalist, said he was buying stocks of companies that do business elsewhere. In his annual letter to Berkshire Hathaway shareholders,
      Reuters.; AFP  -  553 words
    • 666 3  -  WALL STREET INSIGHT By ANDREW MARKS in New York IF A disappointing fourth quarter GDP report, a spike in oil prices and a disturbing warning from Intel that its first-quarter revenue will miss an earlier forecast could not upend the US stock
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    • 267 3 AP [WASHINGTON] Warren Buffett, the folksy multibillionaire whose business holdings range from Geico insurance to Dairy Queen restaurants, announced on Saturday his successor has been chosen. He just won't say who it is. His advancing years and the age of his
      AP  -  267 words
  • Page 2 Advertisements
    • 42 2 —SHtMVSCIIS? SLEEP ON WATER The warmth of a waterbed and lack of pressure points tielp restore normal blood circulation, allowing fast regeneration of damaged tissue caused by sore or strained muscles. Waterbeds j it's your very own Health Spa in your bedroom.
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    • 38 2 people ur resume includes Fortune 500 companies. www.thepeopleatwork.corn BT ONUNE BT print subscribers get free access to the Business Times Online. To activate your account log on to http://business-times.asial .com.sg For more information, e-mail btocs@sph.com.sg or call 6388-3838.
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  • Page 3 Advertisements
    • 125 3 Tickets valid for sale on or before 31st March 2006 and valid for travel from Ist March until 30th April 2006. Tickets must be issued on or before 31st March 2006. Seats are subject to availability. Fares are based on round trip Economy, Business and First Class tickets as stated.
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  • VIEWS FROM THE TOP
    • Article, Illustration
      2481 4 THIS WEEK'S TOPIC Do you think the measures presented in this year's Budget are sufficient to stimulate new innovation and R&D, and make Singapore a knowledge hub? What other initiatives would you like to see? ON THE whole, the latest Singapore Budget has been in line with
      2,481 words
  • Page 4 Advertisements
    • 232 4 BT CEOs e-Gub Members of the BT CEOs e-Club are Singapore's top corporate leaders whom BT editors would like to interact with in an atmosphere of informality and trust This 'dub' is a virtual with interaction mainly via e-mail. Each week, we will invite comments from these top executives on
      232 words

  • Page 5 Advertisements
    • 104 5 ~v.>,• >.<■■■ •>% Y." -5 r3>J*m%rf'&+ --——-11—— j v ''V r C'l First you need to use your imagination before producing the unimaginable. To believe you can challenge convention and give birth to an idea that actually changes the way the world works. Like creating a car with intelligent seats
      104 words

  • COMPANY NEWS
    • 629 6  -  It will help govt learn more about this 'interesting financial model' By ALEXANDRA HO IF MGM Mirage and its partner Capita Land win the concession for Singapore's Marina Bay integrated resort (IR), Singaporeans could own more than just its paper shares. This is
      BLOOMBERG  -  629 words
    • 426 6  -  By OH BOON PING A-REIT, Hi-P, Jurong Technologies and Star Hub are among local stocks that are enjoying strong free cash flow (FCF) which can allow them to privatise in less than six years, say Citigroup's analysts. According to the bank,
      426 words
    • 749 6  -  HOCK LOCK SIEW By LESLIE YEE KUDOS to OCBC Bank chief executive officer David Conner for presenting his three-year New Horizons report card and promptly unveiling his fiveyear road map, New Horizons 11. One wonders when Wee Cho Yaw of United Overseas Bank (UOB)
      FILE PHOTO  -  749 words
    • 246 7 Bloomberg [SHANGHAI] Temasek Holdings, the Singapore investment company, is in talks to raise its stake in China Minsheng Banking Corp, DongWenbiao, president of China's only privately owned lender, said. "We are in talks to let Temasek raise its stake in the bank," Mr
      Bloomberg  -  246 words
    • 399 7 THE second volume of the compilation of BT senior correspondent Teh Hooi Ling's column Show Me The Money has hit the book shelves of the major book stores in Singapore. This follows the warm response to the first volume launched in
      399 words
    • 724 7  -  Better year seen, but firms must find and grow new sources of income By LESLIE YEE CONSTRUCTION stocks have been in slumber amidst the prolonged slump in the sector and results of construction stocks have given investors little to cheer about. But market players
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    • 292 7  -  It aims to control costs and increase its market share By CHEN HUIFEN HIT by intense competition and a heavy provision, Teledata (Singapore) remained in the red for the year ended Dec 31, 2005 with a net loss of $3.9 million.
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  • Page 6 Advertisements
    • 244 6 i Diners Club Card To Wm caff64l6 0980 A World of Exclusive Privileges Treats Diners Club www.Jmers.com.sg V 1 International' i /i fiD fl Calling all lamb lovers! Enjoy our three-course set lunches that start off with our Soup of the Day, followed by four options of main courses: Roast
      244 words
    • 26 6 BIRD'S EYE VIEW OF TENDER JOBS Check out the most comprehensive collection of tender notices in CATS Notices in The Straits Times. MATaXsjif i NOTICES i
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  • Page 7 Advertisements
    • 347 7 TKJ and still get v em ■i I FBB j -—A l|p® .> a neadstart *1 6et up to speed even before you step into the office. Reod oil the latest financial news, insights and analyses in the comfort of your home. Invest in a 12-morith subscription of The Business
      347 words

  • SINGAPORE MARKETS
    • 683 8  -  STOCKS R SIVANITHY Senior Correspondent Although oiam International, City Developments, Ezra Holdings, Wing Tai and a few others hit new highs last week, it was predominantly China stocks which enjoyed the bulk of the market's liquidity, some chalking up decent gains along the
      683 words
    • 1356 8 Payment h looks Pay Payment Ex looks Pay isal 4di ctoM mi (£01 im sSstt—Sen, Action/Mia 030 02-May OS-May 17-May Muitivtsion HK7c S 5TA 27-Hb 02-Mir 2Hla AEM-Evertech y 0.50 2Mpf 04»lay ifrMay Nera Elect Sc b 1.00 04-May 0»May 1»May AWgraan b 6.00 OHXay 0»May 22-May Nera
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    • 515 8 CURRENCIES AFP [HONG KONG] Asian currencies were mostly higher over the past week with the greenback coming under pressure by regional domestic factors ranging from share acquisitions and easing political tensions to possible tighter monetary policies. In Japan, the yen firmed but whether this
      AFP  -  515 words
    • 1699 8 Consensus Mo.of Forecast Mean Frfs recommendation esti- EPS PE target price Company name This wk Lastmth mates (cents) (ratio nxke Advanced Holdings 1.00 1.00 2 8.95 12.63 1.46 1.13 Allgreen Properties 2.11 2.22 9 8.23 16.88 1.44 1.40 Ascendas REIT 2.39 2.29 13 11.41 19.02 2.32 2.14 Aussino
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    • 1411 9  -  TEH HOOI LING Senior Correspondent IT WAS a mixed week for the Singapore stock market last week. While the Straits Times Index advanced some 40 points, or 1.6 per cent, to a new six-year high of 9 4Q3.43 jvnnts the ujc UOB Sesdaq
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    • 1156 9  -  INSIDE MARKETS Strong buying in shipping plays, Bonvests Holdings and Elec Eltek, reports ROBERT HALILI ROBERT HALILI THE director and substantial shareholder activity surged last week based on filings with the Singapore Exchange from Feb 27 to March 3. A total of 79
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  • SINGAPORE NEWS
    • 482 10  -  It plans to open 4 or more branches this year, adding to its network of 8 By LESLIE YEE CITIBANK Singapore's consumer banking business achieved growth in earnings of 15 per cent last year and is aiming for growth of more than
      482 words
    • 506 10  -  Total trade up 19% to $968m last year, says council By ARTHUR SIM SINGAPORE'S furniture industry has grown into a significant billion-dollar-a-year business. The Singapore Furniture Industries Council (SFIC) says total trade both import and export trade rose 19 per cent to $968 million in
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    • 219 10 DATE/ TIME EVENT VENUE 6-14 Mar F J Benjamin '13' Paragon Level 1 10.00am Photo Exhibition by Olivier Linkway Henry 7 Mar NLB Romance of the PC Possibility Room, 7.00pm Grid Level 5 8 Mar NTU and Rolex Awards for Lee Kong Chian 12.30pm Enterprise Lecture Lecture Theatre,
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    • 284 10 SINGAPORE Polytechnic aims to promote its brand of diplomas overseas, starting with Indonesia. It will do this through whollyowned subsidiary Singapore Polytechnic International (SPI) which will offer courses there soon under a tie-up with Universitas Indonesia. The arrangement will make it easier for Indonesian students
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  • Page 10 Advertisements
    • 567 10 I. —< <> «■»< -'*«r#W*»11' «*sj| f; *Wr«*» 'tiu <. iri: .••>- >; •< .-< v.! Mi:\~ w I OUR heartiest congratulations to Irn I J 111 E WINNERS 0F PRISM AWARDS 2006 I AWARDS ABOUT IPRS PRISM AWARD I 9 m m The Institute of Public Relations of Singapore's
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  • DINING OUT
    • 1444 11 II Gladiatore 207 River Valley Road. UE Square #01-61. Tel: 6333-8875 THE first thing diners have to swallow at ll Gladiatore is the name which is a mouthful for non-Italian speakers and also a bit of a stretch when it comes to the concept, given
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  • Page 11 Advertisements
    • 66 11 Jr Ce ilne <lU,Y 0^ 0 Z set lunch from $45+++ set dinner from $90+++ 5 course wine degustation menu cooking class 7 March $70 nett H monday to 12noon 2.30pm monday to Saturday 7pm level Singapore HI reservations 6730 3393 Citibank cardmembers enjoy 15% discount off total bill 581
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • 613 12  -  CAMPUS LIFE Young entrepreneur Jason Goh speaks to KELVIN SAM about the challenges of juggling a business, university assignments and family obligations KELVIN SAM |gt IFE'S no bed of roses for Jason J| Goh. He has, however, managed to create a flourishing business of I|| flowers in
      613 words
  • Page 12 Advertisements
    • 583 12 Trading screen essentials LAST week, we went through the basics of how to read an IPO prospectus This week, we take a price; whichever order is entered earlier into the system will have priority. Hence, the term 'price-time look at how stocks are traded on the Singapore Exchange (SGX). priority
      583 words
    • 249 12 Be smart with your finances FANCY becoming the next Warren Buffett or George Soros? Or even the famous Robert Kiyosaki? Then read on. The Young Investors' Forum, part of the BT-Citibank Tertiary Outreach Programme, isn't another dry page out of your financial textbook. To complement our editorial content, we have
      249 words

  • ECONOMY WATCH
    • 380 13 AP [WASHINGTON] The budget scorekeepers for Congress predict that if lawmakers adopt President George W Bush's budget, the deficit for the current year will fall short of the record figures projected by the administration. The Congressional Budget Office's analysis of Mr Bush's budget
      AP  -  380 words
    • 272 13 AFP [FRANKFURT] China and other emerging economies will soon catch up with or even overtake the leading Western industrialised nations as the world's biggest economies by 2050, a study showed on Friday. While the United States was likely to hold on
      AFP  -  272 words
    • 570 13 Positive impact offset by American purchases abroad Reuters [NEW YORK] Foreign institutional investors have been snapping up United States commercial real estate for several years, yet any dollar-positive impact has been offset by rising American property acquisitions overseas, analysts say. Capital
      Reuters  -  570 words
    • 661 13 Survey shows Feb private sector expansion fastest since mid-2004 Reuters. Bloomberg [WASHINGTON] The global economy has accelerated sharply again this year and worldwide business surveys show that many sectors are in their best shape for several years. Compilations of monthly national surveys
      Reuters.; Bloomberg; AFP FILE PHOTO  -  661 words
  • Page 13 Advertisements
    • 166 13 Da In WAt Out SHRI W 1111 llwl Wll Be part of the most 0 o m m m jfipflHNi* prestigious international i^£3(£SS^SEcT^*PO Business people in 2006. mil —11* World HR Congress i w—« CimAfHinn IAA4L Manpower' Busrass connect Exposition zuuo, 29 May 1 June WDAiIF" ■HiWliifl ■KZQpEB|9BH Keynote Speakers
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  • MALAYSIA/INDONESIA
    • 328 14 Says fuel still being sold at subsidised prices while stressing need to conserve resources AFP [KUALA LUMPUR] Malaysian Prime Minister Abdullah Ahmad Badawi yesterday launched an information offensive to counter public dismay after the government imposed the country's biggest ever fuel
      AFP  -  328 words
    • 377 14 [KUALA LUMPUR] Bumi-putra-Commerce Holdings Bhd and Southern Bank Bhd (SBB) are holding talks to reach a merger agreement, reported The Star on Saturday. The move appears to be a bid to head off a court case that is related to the
      377 words
    • 268 14 Reuters [KUALA LUMPUR] Malaysia's mobile-phone company DiGi.Com has lost out to two relatively unknown outfits for a licence to offer high-speed 3G services despite being seen as a frontrunner. The smallest telecom company said it was "extremely disappointed" at not winning a licence,
      Reuters  -  268 words
    • 667 14  -  MALAYSIA INSIGHT S JAYASANKARAN KL Correspondent Malaysia raised fuel prices by 18.5 per cent last week, the largest one-time increase in its history. It hasn't made Prime Minister Abdullah Ahmad Badawi popular. Indeed, when Deputy Premier Najib Razak appeared on television
      AFP  -  667 words
    • 252 14 Bloomberg [WASHINGTON] Exxon Mobil Corp, the world's biggest oil company, said it is appealing a US judge's decision to allow a lawsuit by Indonesian villagers to proceed. US District Court Judge Louis Oberdorfer in Washington on Thursday denied a motion by Irving,
      Bloomberg  -  252 words
  • Page 14 Advertisements
    • 902 14 SUNLIGHT SUNLIGHT GROUP HLDG LTD (Incorporated in the Republic of Singapore) (Company Registration No. *****6046G) NOTICE IS HEREBY GIVEN THAT an Extraordinary General Meeting of SUNLIGHT GROUP HLDG LTD (the "Company") will be held on Wednesday, 22 March 2006 at 150 Übi Avenue 4, Singapore *****5 at 11 a.m. for
      902 words
    • 912 14 IN THE MATTER OF SINGAPORE BIOMEDICAL INFRASTRUCTURE FUND PRIVATE LIMITED (Co. Reg. No *****3702G) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the member of SINGAPORE BIOMEDICAL INFRASTRUCTURE FUND PRIVATE LIMITED duly convened and held at 21 Collyer Quay #10-01 HSBC Building Singapore *****0 on 1 March 2006 at
      912 words

  • GREATER CHINA
    • 593 15 NATIONAL PEOPLE'S CONGRESS Reliance on exports to be reduced; new social spending to placate the poor AP. AFP [BEIJING] Chinese Premier Wen Jiabao yesterday forecast slower economic growth for this year and less reliance on exports. He .also made promises of
      AP.; AFP; BLOOMBERG  -  593 words
    • 379 15 Minister offers to meet chambers in two months [NEW DELHI] A day after presenting the Budget, Finance Minister P Chidambaram on Saturday promised economic policy initiatives in 60 days to remove the obstacles to bringing about 12 per cent industrial and manufacturing growth. This, coming
      379 words
    • 139 15 AFP (BEIJING] China's top government advisor on population issues called for strict measures to stop rich people from having too many kids and violating the country's "one-child policy", state media said yesterday. An increasing number of business tycoons or rich celebrities were having
      AFP  -  139 words
    • 408 15 Reserves growing even as it changes portfolio mix Bloomberg, Reuters [BEIJING] China will not reduce its US dollar holdings, even as it changes the makeup of the nation's for-eign-exchange reserves to safeguard their value and achieve higher returns, People's Bank of China
      Bloomberg,; Reuters  -  408 words
    • 243 15 Bloomberg [BEIJING] China's lawmakers plan to phase in unification of the tax rates paid by foreign and domestic companies to avoid deterring investment from abroad that has surpassed US$22O billion since 2001. The National People's Congress this year will draft a law
      Bloomberg  -  243 words
    • 3203 15 Transaction date: Mar 3 For a full listina of the dosing prices, log on to BT Online at http://business-times.asia1.com.sg after 11.30pm every trading day HONG KONG v.i WO W- '000 Aeon Credit 6.15 unch 100 Aeon Stores .8.10 unch 0 Angang New Steel H 6.30 unch ***** Anhui
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  • ASIA-PACIFIC/WORLD
    • 581 16 Anti-Thaksin protesters keep up the pressure; Thaksin defiant By OUR CORRESPONDENT in Bangkok THOUSANDS of anti-gov-ernment protesters -gathered in downtown Bangkok yesterday to keep the pressure on caretaker Prime Minister Thaksin Shinawatra and force him to step down. "Today we will continue to
      AP  -  581 words
    • 562 16 Bloomberg [NEW YORK] Morgan Stanley chief executive officer John Mack, who has fired 1,000 brokers and two dozen senior bankers since taking over in June, plans to cut more than US$6OO million in costs during the next two years. "Every dollar
      Bloomberg  -  562 words
    • 595 16 NTP drops suit against device maker RIM for US$612.5m NYT [OTTAWA] The thumbs of nearly 3.2 million BlackBerry users in the US can continue tapping out those wireless emails without fear of interruption. Just days before a judge was expected to issue an injunction
      NYT  -  595 words
    • 551 16 Bloomberg [LOS ANGELES] An Oscar nomination for best picture isn't worth what it used to be. This year's nominees, including Brokeback Mountain. Munich and Capote. have added US$43.l million in US and Canadian ticket sales since the Academy of Motion Picture Arts and
      Bloomberg  -  551 words
    • 388 16 AFP. Bloomberg [LONDON] Global banking giant HSBC is facing a £5 million (5514.2 million) claim from a former employee, alleging that he was sacked for being gay, British newspapers reported yesterday. Peter Lewis, former global head of equities trading
      AFP.; Bloomberg  -  388 words
    • 143 16 Bloomberg [BEVERLY HILLS] Oscar, meet Uncle Sam. The US Internal Revenue Service (IRS) has warned Academy Awards performers and presenters that the gift bags handed out during Friday's televised ceremony valued in some estimates at more than US$lOO,OOO are taxable income. "We
      Bloomberg  -  143 words
  • Page 16 Advertisements

  • AVIATION
    • 674 17 Finding airports untouched by discount competition gets tough: analysts Reuters [NEW YORK] Low-cost airlines, long a thorn in the side of traditional air carriers, are starting to invade each others' turf in the US, a sign that the industry's one-time high-flyers are facing
      Reuters; BLOOMBERG  -  674 words
    • 348 17 AP [CHICAGO] Pilots at Northwest Airlines agreed on Friday to a US$35B million annual pay cut, averting the threat of a strike and positioning the carrier for a potentially rapid exit from bankruptcy. All the major employee groups have now reached agreements with Northwest,
      AP; AP FILE PHOTO  -  348 words
    • 536 17 AFP [KUALA LUMPUR] Embattled Malaysia Airlines (MAS) has begun implementing a restructuring plan by revamping unprofitable routes as budget carrier Air Asia offered to take up some of the national carrier's assets. The loss-making national airline said it will start the first
      AFP  -  536 words
    • 214 17 AP (AMSTERDAM] Dutch airline KLM said on Friday that 200.000 euros (*****.800) is too much to pay for losing a bag, and is appealing against a fine imposed by a Philippine court The court awarded the damages last month to a naa* who lost
      AP  -  214 words
    • 529 17 cm mar n* man n» AbaMuU ***** 1205 j§ toss A57S6r 15T8 Atf K raaTin I SQ478 0215 s SF 1 gg GMM wr STO AiaagMal T*1» 23SC T*128 1645 Oiiuvo UA»S aS5 0AS96T6J5 Gas B!S fflB'ES k-Spf H <SJ971 1940 SK972 ***** »si! m Darwin
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  • Page 17 Miscellaneous
    • 196 17 CRYPTIC CROSSWORD understand? (8) □OWN 7 Artist's close-fitting undergar- YESTERDAY'S SOLUTION 1 Fpllnw was first to aet keDt ment Across: 1 Hard-pressed, 9 Somn? t hPtna Vpred at ?7) 14 In class busy little worker may melier, 10 Grope, 11 Outset, 12 7 SS m follow saint of a sneak
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  • SHIPPING
    • 815 18 Move comes as govt approves more projects to import LNG Bloomberg [SHANGHAI] Chinese shipbuilders are gearing up to build liquefied natural gas tankers as the government approves more projects to import the fuel, challenging yards in South Korea and Japan. China's first
      Bloomberg; FILE PHOTO  -  815 words
    • 310 18 Bloomberg [NEW DELHI] India's Cabinet has approved a plan by state-owned Shipping Corp of India Ltd, the nation's biggest freight company, to form a liquefied natural gas (LNG) transportation joint venture with three Japanese companies in Panama. Shipping Corp will spend
      Bloomberg  -  310 words
    • 719 18 Bloomberg [SHANGHAI] China's shipbuilders plan to double production capacity by 2010, threatening a glut that may cut profits at Hyundai Heavy Industries, the world's biggest builder, and other South Korean yards. Chinese shipmakers are undercutting competitors in South Korea and Japan as they bid to
      Bloomberg; FILE PHOTO  -  719 words
    • 355 18 Reuters [NEW YORK] The deeper review promised by the Bush administration of a Dubai company's plan to take over some terminal operations at US ports will include inspections at the ports, employee background checks and an examination of the United
      Reuters; BLOOMBERG  -  355 words
    • 461 18 Reuters [SINGAPORE] Ports in southern India and Sri Lanka have the potential to rival Singapore's dominance as Asia's shipping and marine fuels hub, if infrastructure concerns are overcome, a top shipping agent said on Friday. Christer Sjodoff, regional director in
      Reuters  -  461 words
    • 290 18 SGX '000 M*r3 SS W- Vol CH Offshore 0.38 0.01 242 Chuan Hup .0.38 unch 713 Cotco Corporation 1.21 -0.01 1977 CWT Dstnbution 1.03 unch 131 Errs Hldgs 239 0.12 1486 Freight Links .0.06 unch 196 Grand Banks Yacht 092 unch 7 Java Holding! 1.29 unch 643 Kt
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  • 10917 19 STRAITS TIMES INDEX STOCKS Stock name Wt Cloje Chang* Stock name Wt dose Change Stock nam* Wt Oof* Chang* Allgreen 50c 0.31 1.400 +0.010 Haw Par Corp 0.42 5.650 ->0.050 SPH20c 4.27 4.480 *0.020 Ascendasreit 099 2.140 -0.030 Hyt1u*5c 0.40 2.860 +0.010 ST EngglOc 1.88 3.040 +0.020 BIL
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  • 6536 20 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES to local cmr m Si to IKS *J» dy jr X %|fi Mm 3 lnd»» Chinjt Ch»ng« Change Ch»ng« Cn»nq« Chwjt n»WortdmdaiP«tfcn«arY T002 6 -02 34 0.2 16 -03 43 tBtftFrefcninan ***** -03 3u6 M 2* -03 53 Europe Preliminary ***** 0.0 M
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  • Page 21 Advertisements
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  • Page 22 Advertisements
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    • 890 23 ONordana (Asia) Pie Ltd SIS 70 Shut-W«y, *21-03 WUrtw H*m *****1 NORTH WEST EXPRESS LINE MONTHLY SiIIVICE TO WESTERN AUSTRALIA AND ISLANDS DMES «t AMIW DATS VtSSIL VOT She—r« Frwwrtfa Cotw Isfad Orirt—i Mori Jdwrt* Chfafw hM Posir <**mt blond Express 1E602 I QIMSU 1114(11 IiMQL X I 2Kfe S3
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    • 719 23 ygsa vot SjN mi vkse vor m jkt PACiAMDA IMIN 07/03 07/03 PACOMAN WO 04/03 07/03 2SUAWA am Ml W/M —ra? Si —n —B& ;£sr =^=jjl= !jl= OFMOI uHr n/8 mof- K— w ~W_ ll'/M ritJLi rfS iwS 1? VII BCMU 4210 20/03 23/03 P»C lANOA IW4N 11,03 PAOWtAM <343
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    • 375 23 BSA x MYANMA HH FIVE STAR UNE (My—f National Line) loadiag lor Yugoa vasa vot m m n» am SMWE HAW WW SID PAGAN S49W SID IN MALAYSIA: lOUSTEAD SHIPPING AGENCIES KIK/PKL 03-*****3 M PEN: 04-M***** ACCEPTIWB COHVENTIONAL C6O vessb wrm rn mmnusM iwu COCOA HEM 7 I! SI II
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  • THE BUSINESS TIMES SHIPPING TIMES
    • 7406 24 This ETA ETA Adrartocr Vessel Voyage Telephone SIN Desfn Name Name Number Number To ABIDJAN (ABJ) 2003 Cote D'lvoire 13/03 18/04 China Shpg DAXIN 169W *****898 14/03 10/04 Delmas VERONIQUE DELMAS 61SW *****344 17/03 18/04 China Shpg CMA CGM MAKASSAR SX219W *****898 21/03 02/05 China
      7,406 words

  • BizIT
    • 707 25  -  Venture is Ist such worldwide and will help Oracle tap consumer market, says AMIT ROY CHOUDHURY AMIT ROY CHOUDHURY IN an effort to give momentum to its push into the lucrative consumer devices market, enterprise software major Oracle has set up a
      707 words
    • 172 25 THE newly formed Oracle Embedded Business Unit (EBU) will focus on certain key embedded system markets in the Asia-Pacific and Japan region, according to Mark Barton, Oracle Asia-Pa-cific and Japan vice-president of the embedded business unit. The key markets are: 3G: Mobile phones, smart phones, and
      172 words
    • 427 25  -  It is expecting big growth from LCD TV business this yr By ROLAND LIM THE South-east Asia and Oceania region continued to be a bright spot for Korean electronics giant Samsung last year, which saw it record revenue growth of 22 per cent. For the
      427 words
    • 525 25  -  By WINSTON CHAI CANADA'S Research In Motion (RIM) has taken the wraps off the Blackberry 8700, a handheld device that marks a design shift for the company. "This is a breakthrough for us. It's a brand new architecture," Norm Lo, RlM's vice-president for Asia-Pacific, told
      525 words
    • <what's up>
      • 70 25 VMWARE will be holding its "Virtualise Now" Solution Day at the Raffies City Convention Centre on Mar 8. The event will allow technology and business executives to learn how to use visualisation technology to reduce costs and simplify their companies' IT operations. It features
        70 words
      • 54 25 THE GermanExpo 2006 will be held at the Singapore International Convention and Exhibition Centre from Mar 24 to 26. The complimentary event features exhibitions, lectures and seminars designed to showcase Germany's technological and lifestyle offerings. Exhibitors include companies like T-Systems, Siemens and the German Institute
        54 words
      • 68 25 COMPUTER giant Dell has named Ng Tian Beng as its new country manager for Singapore and Brunei. As the new helmsman for these countries, his key focus is to increase Dell's market share among the large and medium business segments, and the government
        68 words
      • 52 25 FREESCALE Semiconductor has announced the appointment of Tom Linton (above) as its new chief procurement officer. Based in Singapore, he will oversee the company's global procurement strategy and manage key supplier relationships. Before joining Freescale, Mr Linton held a similar role with networking equipment maker
        52 words
      • 71 25 ONLINE media and marketing firm Interactive Hub has named Kenniess Wong as the vice-president of sales for its new network sales team. This division focuses on the firm's Web partners such as ESPNsoccernet, Friendster, Street Directory, Hardware Zone, The Expat and China-based portal
        71 words
      • 54 25 JUNIPER Networks has appointed Andy Miller as the new vice-president of its enterprise sales team. In his new role, he is responsible for overseeing the firm's direct sales force, focusing on the enterprise, government and academic sectors. Mr Miller was formerly Juniper's regional
        54 words
      • 82 25  -  Compiled by WINSTON CHAI MEDIACORP Technologies is joining hands with China Film Digital to develop a digital distribution model to transmit content between the mainland and Singapore. Supported by the Infocomm Development Authority of Singapore, the project aims to make Chinese movies available to
        82 words
    • 178 25 Xinhua [JAKARTA] Giant software maker Microsoft Corp, through its Indonesian arm, is planning to provide "affordable computer" packages, plus genuine software, to millions of Indonesians this year. "We are looking at ways to offer personal computers (PCs) maybe including Internet access on
      Xinhua  -  178 words
    • 523 26  -  It doesn't have the programmes that are being touted by some firms By WINSTON CHAI RIDING on Google's claim to fame as the king of Web search, other companies are now looking for ways to cash in on its growing popularity. And
      523 words
    • 198 26 Reuters [LONDON] Mobile phone operator Orange said on Friday it would roll out Sony Ericsson's new Walkman phones across Europe in a venture that includes a sponsorship deal with pop diva Christina Aguilera. Orange, owned by France Telecom, is betting heavily on services such as
      Reuters  -  198 words
    • <what's new>
      • 57 26 BROTHER has introduced an affordable six-in-one multifunction printer, the MFC-425CN (above). Besides colour printing, faxing and photocopying, it comes with different memory card slots to allow users to print photos without the need for a PC. The MFC-425CN is available now at a price of $348.00
        57 words
      • 87 26 MAXTOR has announced a new range of external storage and backup offerings under its "OneTouch III" family. They come in capacities varying from 100GB to one terabyte, and feature new software enhancements, including a "system rollback" feature. This function allows PCs to revert to
        87 words
      • 71 26 EAST Gear has launched a new all-purpose multimedia device called the Vosonic VP8350 (above). Targeted at photo buffs, the product supports viewing of text, pictures and digital movies on its large 3.5-inch screen. It also doubles up as a lightweight MP3 player with a
        71 words
      • 148 26  -  Compiled by WINSTON CHAI SAMSUNG has unveiled three new handsets as part of its "slim phone" arsenal for the first quarter. The trio includes the Z540, the world's slimmest 3G phone with a thickness of 14.9 mm. It is cloaked in black and incorporates
        148 words
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  • Page 26 Advertisements
    • 105 26 hn*''rtraf i'. ftlh'■ *v r, -'t .rtj &gt;, -T..V nV,r. I &gt; &gt;4* 'feW: x j k3Bgp Y l WliiiiMa.il ?;iM£ fls3 ipl;f#l L^; A *'iij THE ARE INFINITE I I;, ."L c *v: u ~'T"'- f ,j?br *Vi»' «/&lt;*.- /.s .*k vf*.* i **V i* *&lt;* v "ss\ p,'r
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  • Page 27 Advertisements
    • 1110 27 Advertisement Profiting from Customer Demand Signals in Financial Services Facilitating innovation to fuel profitable growth. Making the right bets on IT. Transforming the business with profound financial and market-position results. These outcomes now determine the IT spending patterns of today's financial institutions, with profitable growth and enterprise productivity the overriding
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  • BizIT FOCUS: MAKING IT WORK
    • 1296 28  -  New application management tools help CIOs keep IT systems healthy, writes AMIT ROY CHOUDHURY AMIT ROY CHOUDHURY WITH information technology becoming a key driver of business, companies have started using a new generation of enterprise software for business advantage. These are software applications that access information locked
      FILE PHOTO  -  1,296 words
  • Page 28 Advertisements
    • 195 28 HI B%V| H H B W: 11 I sfl I up H results from today's menu of applications is hard. Delivering and H H managing the "combo-platter" new SOA/Web HI H HI Hi IH Hi automation. That's why IT leaders rely on Mercury to automate IT governance and optimize the
      195 words
    • 11 28 This weekly series is brought to you by MERCURYBUSINESS TECHNOLOGY OPTIMIZATION
      11 words