The Business Times, 14 March 2006

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Microfilm: NL26632
Total Pages: 32
1 32 The Business Times
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  • Title Section
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    13 1 THE BUISNESS TIMES SINGAPO^ESTcents online at http://business-times.asial.com.sg MICA (P) 099/03/2006 Tuesday, March 14,2006
    13 words
  • Article
    Lock icon DBS goes solo in bid for Korean bank
    556 1  -  It is bidding for a majority stake in what is seen as the last takeover target in Korean banking By LESLIE YEE [SINGAPORE] DBS Bank confirmed yesterday that it has submitted a bid to acquire a majority stake in Korea Exchange Bank
    556 words
  • Article
    Lock icon MARKETS DIGEST
    143 1 sn 2.512.14 (+15.41) ST INDEX FUTURES 2.512.00 (+15.00) SIMSCI 297.20 (+1.91) SIMSCI FUTURES 297.50 (+2.00) MARKETS Monday Change KLSECOMP 922.03 +0.07 NIKKEI 225 16,361.51 +245.88 HANG SENG 15.542.07 +97.02 SET INDEX 732.88 +4.70 JAKARTA COMP 1.243.66 -3.76 MANILA COMP 2,121.76 +18.39 SEOULCOMP 1,338.28 +18.21 SHENZHEN B 246.52 +3.66
    143 words
  • Article, Illustration
    Lock icon Property veteran lands dream job in Dubai
    498 1  -  Jones Lang LaSalle MD to join Nakheel group run by ruling family By ALEXANDRA HO [SINGAPORE] Projninent Singapore property figure Vu Lai Boon is moving onto the world stage to work for Dubai's ruling al-Maktoum family. Dr Yu, a former university lecturer, will
    498 words
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      56 1 ANTI-THAKSIN PROTESTS Clash between factions JOBS MARKET Brightest outlook in 18 months PG3 yap I jm* k "St;. -«J& n^R% s m. 1- Em 1U w9k' liyiiflß' JF^B V »Mr |Khk Ik ?\f BHbn ;?3l LJgg^r M 9;: B^^Hl FASHION STATEMENTS Two S'pore fashion labels Bodynits and Crocodile are repositioning
      56 words
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      30 1 COMPANIES Optus in merger talks withVodafone PG4 How will UOB divest OUE to •I meet guidelines pg 4 Labroyl muscles in with $475 m in rig-building deals pg 4 8
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      142 1 COMMENTARY Disclose details of CEO contracts PG4 PROPERTY Ore-hard Turn K^mNhH Sonata Cathedral PWBHWWBPr ißßfil^ Tradition Craftsmanship Innovation Patented innovative alarm with melodic chime and 24 hour countdown indicator. 24 hour dual time display. The local time (hour hand) is synchronized with the alarm and countdown SETTINGS. All INDICATORS ADJUST
      142 words
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  • TOP STORIES
    • Article, Illustration
      Lock icon Ascott lines up major assets for residence trust
      896 2  -  Group has $2.5b worth of properties which could be injected into trust By LESLIE YEE [SINGAPORE] Ascott Residence Trust (ART) may not be listed yet but the trust, with an initial portfolio of 12 properties worth $856 million, has big plans to
      896 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      642 2 Seiko Instruments to set up R&D centre in S'pore JAPANESE electronics and micro-mechatronic components maker Seiko Instruments Inc will set up a research and development centre in Singapore its first outside its home country. The company, best known for making watches, also plans to increase its output of
      642 words
    • Article
      Lock icon S'pore investors pulled back from Wall Street in Q4
      611 2  -  By CHUANG PECK MING [SINGAPORE] As Wall Street unwound for the Christmas and New Year holidays in the last quarter of 2005, Singapore investors continued to back away from US stocks. Their trading in the Oc-tober-December quarter, when prices were fairly
      611 words
    • Article, Illustration
      Lock icon Seiko to set up R&D centre in S'pore
      512 3  -  It will work with research institutes here in micro and nano technology By NANDE KHIN [SINGAPORE] Japanese electronics company Seiko Instruments yesterday announced that it will set up a research and development centre in Singapore its first outside its home country. The
      DESMOND LIM/ST  -  512 words
    • Article
      Lock icon Q2 job prospects brightest in 18 months: survey
      522 3  -  Finance, insurance, real estate sectors most upbeat By CHUANG PECK MING [SINGAPORE] The outlook for Singapore's job market in the next three months is the brightest in 18 months, according to the latest poll by US-based employment services firm Manpower. The net
      522 words
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      362 2 Managing Director and Chief Investment Officer Ibbotson Associates Chicago, Illinois, USA Fixed Income And Asset Allocation Fixed income in asset/liability management for institutional investors. Alternative fixed-income strategies, such as inflation-indexed bonds and floating-rate bonds. H Hon Cheung (JH Managing Director g mK State street G obal Advisors Singapore Ltd w
      362 words
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      5 2 people Corporate matchmakers. Www thepeoplecitwork.com
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      702 3 '.^B^F'■ ®>£ '-V T H I JjF M J" Sfc; '-aajjflpF Winner of the best 3GSM handset at W3tch theS6 channels FREE Oil 367 V! the GSM Association Awards 2006 «rawbs BIKIiHHi pfJQ/«« T ifIT Ifllahnam uniov, iiaiivc weocam <LJv 632S I -1 n^H w O IMCM withs2ootrade-in;; ,fr j
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Optus in talks with Vodafone towards merger
      629 4  -  Vodafone network assets being reviewed, says newspaper By SIOW LI SEN OPTUS, the Australian unit of Singapore Telecommunications, is said to be in talks with network partner Vodafone which could lead to some sort of merger. Last week, a report in The Australian
      FILE PHOTO  -  629 words
    • Article
      Lock icon Labroy muscles in with $475m in rig-building deals
      349 4  -  By CONRAD TAN MARINE transportation and shipbuilding group Labroy Marine has won its first two offshore oil rig building contracts, worth close to half a billion dollars. At $475 million, the total value of the contracts won in Oslo, Norway, last Thursday
      349 words
    • Article
      Lock icon Analysts wonder how UOB will divest OUE to meet MAS guidelines
      600 4  -  Sources see bank possibly divesting OUE to a hotel buyer By LESLIE YEE ANALYSTS see the move by Overseas Union Enterprise (OUE) to form a joint venture with United Overseas Land (UOL) to redevelop two OUE properties as a
      600 words
    • Article, Illustration
      Lock icon Disclose details of CEO contracts
      372 4  -  HOCK LOCK SIEW By SIOW LI SEN AT OCBC Bank's 2005 results briefing last month, chief executive David Conner brushed aside a question on his contract, though it seemed relevant as he had just unveiled the bank's directions for the next five years. He had
      372 words
    • Article
      Lock icon Bullish debut for China Milk as stock jumps by up to 57%
      299 4  -  By OH BOON PING CHINA Milk PriSaiiOS Group chargedifltfftfie Singapore ExclUUlge mainboard arena yesterday with a splendid performance surging by up to 57.3 per cenfbefore closing its trading debut at 87.5 cents, for a gain of 41.1 per
      299 words
    • Article, Illustration
      Lock icon Popular Q3 earnings jump 50%; HK sales surge
      466 4  -  By WONG WEI KONG REGIONAL educational publishing group Popular Holdings yesterday reported a 50 per.xent jump in third-quarter earnfiigs with higher sales in Hong Kong. Net profit In the three months ended Jan 31 rose to $10.5 million from $7 million a
      FILE PHOTO  -  466 words
    • Article, Illustration
      Lock icon Orchard Turn developers to team up for more big projects
      769 6  -  CapitaLand, SHKP sign accord to buy mall site for $1.38b from government By KALPANA RASHIWALA CAPITALAND and Hong Kong's Sun Hung Kai Properties (SHKP), which are developing a $2 billion mall and luxury apartment project at Orchard Turn, will look
      YEN MENG JIIN  -  769 words
    • Article
      Lock icon Interra reports error in minimum subscription price for warrants
      287 6 SESDAQ-LISTED Interra Resources yesterday said it inadvertently erred in computing a minimum subscription price applicable for the exercise of its warrants issued last year. "The subscription price is initially set at 105 per cent of the initial reference price, which is
      287 words
    • Article
      Lock icon CSC to buy M'sian piling company
      346 6  -  By OH BOON PING CONSTRUCTION foundation specialist CSC Holding is acquiring Malaysia's GPile Sistem for up to RM28.1 million (5512.3 million). CSC said the proposed acquisition of 100 per cent of tiie hydraulic jack-in piling services company is part of its plans to boost
      346 words
    • Article
      Lock icon CEO, director shed APB shares
      150 6 ASIA Pacific Breweries (APB), best known as the maker of Tiger Beer, saw two of its directors tfim their stakes in the company yesterday. Chief executive officerKoh PohTiong sold 10,000 shares In the open market at $9.40 apiece. This cut his stake from 0.102 per
      150 words
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      133 4 can assist you with offshore structures, shelf companies ■■r/ and incorporations In ALL British Virgin Islands VJhkmilUilS Cayman Islands Mauritius Hongkong Samoa Full nominee,.management, secretarial, banking and corporate administration services are available. We also specialize in offshore trusts for assets protection estate planning. For further information and immediate service please
      133 words
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      258 7 tt 1 IT B. J y w w El M I i J A 1 JB^I H B fefift 3» jPn||l| ■P^ I I jjl ■■BWL r jaWBHBMMMBMK^^BI^^^^BHMiI^^^M nHH|H BP 818 IwP J HjaMB Ki in,.. -dM ••Ha f «fa^pMlli^BWßßßWHlWiHßflflllßl ■as < ,jJ ,WMBBMM B *-.-< a •>»A*','r. ..,»a&«.v,* ?I
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon China Milk carries the day
      529 8  -  STOCKS Debutant stock drains liquidity away from China segment R SIVANITHY Senior Correspondent After a good two months of frenzied punting of" China stocks, it must surely be one the local market's biggest ironies that liquidity from many of thdse counters was yesterday drained away
      Source: Bloomberg  -  529 words
    • Article, Illustration
      Lock icon TRADES TO WATCH
      987 8 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS (Disclosures made on Mar 13 and earlier) Subsantial No of Pric* SHAREHOLDING Trans Shareholder/ Buy/ Shares Per Before After Stecfc Pate Director Sell >00 ShrS ('000) COOP) Westcomb 13-Mar-06 Westcomb Profits Ltd Buy 5 na ***** 33.99 ***** 34.00 Lafe Tech 13-Mar-06 The Grande
      987 words
    • Article, Illustration
      Lock icon BROKERS' TAKE
      840 8  -  Compiled by MATTHEW PHAN Beyonics Technology March 13 dose: 39.5 cents MS VltKBtS SECURITIES, March 11 GROSS margins inched up in 2QFYO6: Beyonics' gross margins had been falling steadily over the past five quarters to a low of 5.1 per cent in IQFYO6, due to a change in
      Source: Bloomberg  -  840 words
    • Article, Illustration
      Lock icon US$, euro shine vs yen on yield-focused plays
      539 8  -  CURRENCIES LARRY WEE Senior Correspondent YIELD-related plays once again took centre-stage in Asia yesterday, brought back into focus with the help of a strong US jobs number last Friday and the promise of more good-looking US economic releases over the coming week.
      Source: Reuters  -  539 words
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      77 9 9 vj I I 1113 <"% s. ?L%i#**®&; h I HI ~^3ft»^; yj I Long flights are going to be more enjoyable and productive, thanks to Mitsubishi Electric and Connexion by Boeing SM Already in use by major airlines, the system n features Mitsubishi Electric's advanced communications technology to provide
      77 words
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  • COMPANY NEWS
    • Article
      Lock icon UTAC among Citigroup's top semiconductor picks
      389 10 Top-tier makers, testers expected to post 15-20% sales growth in 2006 Bloomberg CITIGROUP Inc named Taiwan Semiconductor Manufacturing Co, United Microelectronics Corp and United Test Assembly Center Ltd (UTAC) among its top chip stocks in Asia on the industry's growth prospects. Citigroup has a
      Bloomberg  -  389 words
    • COMPANY BRIEFS
      • Article
        Lock icon MapletreeLog: DPU accretion mis-stated
        73 10 MAPLETREE Logistics Trust, which announced over the weekend that it bought an industrial warehouse building in Fanling, Hong Kong, for HKS113 million (S$23.5 million), said it has mis-stated the distribution per unit (DPU) accretion of the deal. Instead of the 0.326 Singapore cents announced earlier, it
        73 words
      • Article
        Lock icon ) SSH Corp names exec chairman as CEO
        34 10 SSH Corp names exec chairman as CEO SSH CORPORATION Ltd said it has appointed Kris Taenar Wiluan as chief executive officer with effect from March 11.2006. Mr Wiluan remains as .executive chairman. SH5£: --i.
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      • Article
        Lock icon SembCorp Marine 5 officers
        110 10 SEMBCORP Marine has pttunoted five of its top Officers a notch. Current ,president and chief .Executive Tan Kwi Kin now assumes the newly created post of group president and CBO. Wong Weng Sun, at present deputy president, will become president and chief operating officer. He valso
        110 words
      • Article
        Lock icon MEAG Munich Ergo takes over stake
        91 10 MACQUARIE Pacific Star Prime Reit Management Limited, which manages Macquarie MEAG Prime Reit (MMP Reit), yesterday said that MEAG Munich Ergo Asset Management GmbH will take over Ergo Trust GmbH's 25 per cent indirect shareholding in Macquarie Pacific Star Prime Reit Management Limited and
        91 words
      • Article
        Lock icon Boardroom to sell Talent Shanghai stake
        82 10 BOARDROOM Limited, Singapore's largest provider of corporate secretarial and share registration services, is disposing of its 35 per cent stake in Talent Shanghai Inc, a human resource firm in Shanghai, China, for 19.95 million yuan (S$4 million). It is selling it to an international
        82 words
      • Article
        Lock icon Lasseters'hotel takeover deals lapse
        77 10 AFTER announcing six acquisition agreements through its wholly-owned subsidiary Lasseters Hotel (NSW) worth someA$34.3 million shareholders Lasseters Holdings agreements have wpsiftd/' vendors have mutautHy agreed to terming tfe agreements with immediate effect," Rsaid. Lasseters said the agreements' termination was due to the non-fulfilment ofthe conditions the
        77 words
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      125 10 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.
      125 words
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      250 10 THB THAI Pl— FUND L— I wfcffV^' 19^>30MQ) V£ Notica of BghlMntfi Amud GtMral Matting NOTICE IS HBOY OVBM THAT ihe Eighteen* Annual General Meefcna of Company w* bo held <* tfte Meeting Room, 9 Raffles Place *42-01 Republic Ptaza Singapore *****9 an Friday 31st March 2006 at 10.00 a.m.
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      299 10 In The Matter Or The Companies Act, Cap. 50 And In The Matter Of TAYLER HARPER INTERNATIONAL PTE Lit) Company Reg. No. *****094?W Notice of Creditors' Meeting Pursuant Tb Section 29« Of The Companies Act, Cap. 50 NOTICE is henby given that pursuant to Section 296 of the Companies Act,
      299 words
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      53 11 H i By using technologies honed in the development of semiconductors, Mitsubishi Electric is converting solar energy to electricity with optimum efficiency. In stations, public residences, and even areas where electricity scarce, Mitsubishi can provide the juice. Because our world, generating power means Another change MITSUBISHI ELECTRIC http://Global.MitsubishiElectric.com/possible/ Changes for
      53 words
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  • SINGAPORE NEWS
    • Article
      Lock icon S'pore has key role to play in Asia's rise, say IT leaders
      572 12  -  Republic should aim to be region's hub for innovation, export and security By AMIT ROY CHOUDHURY SINGAPORE is known to be the "heart of Asia", and there is no reason why it cannot continue to play that role
      572 words
    • Article
      Lock icon Work starts to revise key trademarks treaty
      471 12  -  By DANIEL BUENAS REPRESENTATIVES of 183 states have started work on bringing about an agreement on trademarks, which could well be named the Treaty of Singapore. The conference to revise a key international agreement by simplifying the registration of trademarks and to take
      471 words
    • Article, Illustration
      Lock icon S'pore Poly students win photo contest
      189 12 THE Singapore Youth Commonwealth Photo Competition 2006 ended yesterday with two prize-winning shots being picked from 3,500 entries on the themes of health and vitality. The first depicts the sprightly shadow of a girl jumping onto a hopscotch board drawn with chalk on a
      189 words
    • SINGAPORE ROUNDUP
      • Article
        Lock icon First review of S'pore Green Plan 2012 done
        74 12 THE first three-yearly review of Singapore Green Plan 2012, a 10-year blueprint towards environmental sustainability, has been completed, according to the Ministry of the Environment and Water Resources yesterday. The 2006 edition of the blueprint incorporates focus groups' recommendations. Action programme committees
        74 words
      • Article
        Lock icon IE leads 7 S'pore spa operators to Korea
        67 12 SEVEN Singapore-based spa operators led by IE Singapore are in South Korea from March 10 to 16. They will explore opportunities through one-on-on'e meetings with about 10 potential partners in the hospitality and real estate sector there. According to the Seoul International
        67 words
      • Article
        Lock icon Natas travel fair on March 24-26
        93 12 TRAVEL 2006, the annual Natas travel fair, will be held on March 24-26 at Suntec City. The fair will boast an unprecedented 625 booths this year. On show will be travel and tourism products, with travel bargains offered by the airlines, travel agents and
        93 words
      • Article
        Lock icon Ex-Time S'pore bureau chief dies
        87 12 LOUIS Kraar, an award-winning writer on Asian affairs and former Singapore bureau chief of Time magazine, died of a heart attack in his Manhattan home last Friday. He was 71 years old. His career spanned five decades in the region. He began his career as
        87 words
    • Article
      Lock icon 13 disputes heard in industrial court in 2004
      444 12  -  By CONRAD RAJ SOMETIMES, time cards are not a reliable measure of working hours as a union fighting for overtime pay for some of its members found out. This was one of the disputes disclosed in the 2004 annual report of the
      444 words
    • Article
      Lock icon Mah welcomes opposition to contest Tampines GRC
      254 12 NATIONAL Development Minster Mah' Bow Tan would like the opposition to contest his Tampines GRC at the coming peneral election. He said yesterday a contest is "something that is positive for th& residents, because now the residents will be able to vote, and
      254 words
    • Article
      Lock icon Titan Petrochem still keen on terminal in S'pore or Johor
      367 12  -  By RONNIE LIM OIL trader and tanker operator Titan Petrochemicals, whose first China storage comes on stream in June, is still keen on building a one million cubic metre (6.5 million barrel) terminal in Singapore or Johor. The company, China's
      367 words
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      137 13 wsaujjf- Kit ISi Qpb E v i Step up your performance with SG ClB's innovative investments Lyxor Funds SG Warrants. Globally recognised as "The Best Equity Derivatives House", we deliver performance for you. Award Highlights: Best Equity Derivatives House 2005 by IFR and Risk, Best European Equity Derivatives Provider by
      137 words
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  • SMEspotlight
    • Article, Illustration
      Lock icon Bodynits ups the fashion quotient
      951 14  -  Its brand repositioning sees a new collection and a move into lifestyle concept stores, reports GRACE CHONG GRACE CHONG DENIM, inspiration from the Himalayan highlands and eclectic fabric mixes. They are all part of Bodynits International's aggressive marketing strategy to refashion its label and capture
      ARTHUR LEE  -  951 words
    • Article, Illustration
      Lock icon Revamped Crocodile hopes to snap up younger customers
      710 14  -  By OH BOON PING IMAGINE a nice, trendy.topi that comes complete with fitting pants and accessories. And they all bear the brand "Crocodile International". Unlikely? Those are precisely the products that the homegrown company is retailing these days. Since its relaunch in
      710 words
    • Article, Illustration
      Lock icon MAE hopes to turn around with bio-diesel business
      975 15  -  SMALL CAPS Firm is also considering changing its name to reflect its new direction, reports NANDE KHIN NANDE KHIN AFTER a series of failed ventures ranging from aqua-culture to edutainment, loss-making MAE Engineering is now banking on bio-diesel production to provide a
      YEN MENG JIIN  -  975 words
    • Article
      Lock icon BT portfolio ahead of UOB Sesdaq Index
      348 15 ALTHOUGH not really representative of the performance of all small cap stocks in Singapore, the UOB Sesdaq provides the only measure of how the sec-ond-tier market is doing. And based on its movement, the picture in that segment of the market has not
      348 words
    • Article, Illustration
      Lock icon Astralink – SME with an edge
      767 16  - Astralink SME with an edge Home-grown wireless solution provider has set an amazing track record since its founding in 1996, reports JURENA CHAN JURENA CHAN THE enterprising spirit of wireless solution provider Astralink Technology Pte Ltd has helped it survive the tough start-up period to emerge as an SME with
      767 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      6395 16 UNIT TRUSTS FUNDS AM Aim Asset Mgt (S'pore) Star Europe Eqty!" 0908/ Star Europe Bond 1.152/ Star Europe Bal 1-148/ Star Asian Tiger Eqly 1.163/ Star Asia Bond 1.306/ Star Asia Balanced 1.077/ Star Global Technology Fundi** 0209/ Mufti St» ZZ 1 041/ St* Asia BondfUSD) 0.802/ Gfc Multi St
      6,395 words
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      208 14 M tr afl i J vaYTJ J ijf ■f1 *1 f gVI mi nfl 11 mj *m m *1| Fal 1 ■i ll IVI i■ kU ll ii i■ J ■Til^^^f2i| |WJ iiiiiiH A s mOW^tek^s<^^^^P acMjsWrS At this free seminar, our speakers will address various imperative HR topics to
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      264 15 jwwi aJB 1 With the Citißusiness High Yield Current Account, you'll enjoy high returns today for tomorrow's growth. Now your company can enjoy the benefits of large corporations. citibank Business NttworK Introducing Citißusiness High Yield Current Account, a special transactional account Business Assistance Enjoy one-stop access to medical, hospitality and
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      28 16 11 AllianzGI Global High Payout Fund rated .tars Allianz (fij) f by Mercer Investment Consultinq. Visit OCBC Bank for details. Global investors J J company regn no *****/1697
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  • ECONOMY WATCH
    • Article
      Lock icon BOJ could surprise with early move to raise rates
      707 17 Asset price inflation a real concern as comments by BOJ officials show Reuters [TOKYO] The Bank of Japan may be more pugnacious than many in the market think and could begin raising interest rates before long to keep asset prices in
      Reuters  -  707 words
    • Article
      Lock icon Japan's GDP grew at 5.4% annual pace
      482 17 Rise in spending has helped the economy expand Bloomberg [TOKYO] Japan's economy grew at a 5.4 per cent annual pace in the fourth quarter, more than economists expected, as manufacturers increased stockpiles to prepare for higher consumer and corporate spending. The revised growth
      Bloomberg  -  482 words
    • Article
      Lock icon G7 to discuss global imbalances next month
      285 17 Reuters [BASEL] Group of Seven finance ministers and central bankers are preparing to discuss potentially destabilising global imbalances when they face off next month in Washington, a G7 source told Reuters on Sunday. "We haven't decided anything but we are likely to talk
      Reuters  -  285 words
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      303 17 jM I' AwwugffiQS 1 National .^^ilNociat© PvqCttsor iri iir 4 J vJ 1 vJJ J J J wj J —< J J>J They are individuals driven by passion. They thrive on challenging the fundamentals, delving into the unknown and probing into the complexities of modern science. They are the trailblazers
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Pertamina, Exxon reach deal over Cepu
      465 18 Agreement will pave the way for development of the US$2b 180,000 bpd Java oilfield Reuters [JAKARTA] US giant Exxon Mobil and state-owned Pertamina have reached an agreement to jointly operate the oil-rich Cepu block, Indonesian officials said yesterday. The signing of the agreement, which
      Reuters  -  465 words
    • Article
      Lock icon BURSA MALAYSIA
      2415 18 VOL MHr13 KM *1- C000) A4MRealty 1.39 unch 0 Abric .0.31 unch 10 ACP Industries 0.97 0.14 3142 Advance Synergy .0.18 unch 240 Advcnta 0.27 unch 130 AS Mufti 0.36 unch 60 Affin Hldgs 1.65 0.05 928 Ahmad Zaki Res 1.89 0.01 80 AlCCorp 0.84 -0.02 23 AirAsia
      2,415 words
    • Article, Illustration
      Lock icon Rice must focus on economic ties
      665 18  -  INDONESIA INSIGHT SHOEB KAGDA Jakarta Correspondent FIGHTING terrorism is likely to be top of the agenda of US Secretary of State Condoleezza Rice when she meets Indonesian leaders over the next two days in her swing through Indonesia. But many Indonesians are secretly hoping
      665 words
    • Article, Illustration
      Lock icon Indonesia could become top palm oil producer
      622 18 [JAKAßTA] This could be the year of the oil palm plantation. With crude palm oil production forecast at 15.2 million tons in 2006, Indonesia could surpass Malaysia as the top producer in the world. The Jakarta Post, reported analysts and industry players as
      FILE PHOTO  -  622 words
    • BRIEFLY ASIA
      • Article
        Lock icon India software service stocks gain in market
        54 18 Reuters [MUMBAI] Shares in India's top software services firms rose yesterday as investors bet the export-focused companies could turn in sturdy growth in quarterly earnings, helping the main stock index to an all-time high. Tata Consultancy Services, Wipro, Infosys Technologies and Satyam Computer
        Reuters  -  54 words
      • Article
        Lock icon Cheung Kong plans bid for Thames Water
        61 18 Reuters [LONDON] Hong Kong's Cheung Kong Infrastructure Holdings is preparing an £8 billion (5522.5 billion) bid for RWE's Thames Water unit, the Sunday Times reported CKI has held talks with banks and investors in the past week, the paper said. Private equity firm
        Reuters  -  61 words
      • Article
        Lock icon Indian SUV maker to produce in Russia
        42 18 Bloomberg [NEW DELHI] Mahindra Mahindra, India's biggest sport-utility vehicle maker in which Singapore's Temasek Holdings has a stake, plans its first overseas factory in Russia by year-end to make Scorpio SUVs and expand overseas sales.
        Bloomberg  -  42 words
    • Article
      Lock icon Maybank in landmark 5-year term loan deal
      140 18 Bernama [KUALA LUMPUR] Malayan Banking Bhd (Maybank) has successfully entered into a landmark deal for a five-year, US$35O million term loan facility with 11 global banks. According to Maybank, this syndication establishes a new benchmark for the Malaysian financial markets as it marks
      Bernama  -  140 words
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  • GREATER CHINA
    • Article, Illustration
      Lock icon Suit filed against Fidelity for bribery
      436 19 It allegedly tried bribing BOC managers after corrupting CCB officials [HONG KONG] Fidelity Information Services, the mortgage and financial services software subsidiary of a United States-registered and listed company, attempted to bribe Bank of China managers after corrupting senior China Construction Bank (CCB) officials
      BLOOMBERG FILE PHOTO  -  436 words
    • Article, Illustration
      Lock icon Investors eye Asia's infrastructure boom
      686 19 Lured by prospect of spending on roads, ports, rail Reuters [HONG KONG] Global money managers are stepping up efforts to profit from Asia's infrastructure boom, lured by the prospect of billions in spending on everything from new roads and ports to railways and power grids.
      Reuters; BLOOMBERG  -  686 words
    • Article
      Lock icon China may drop Mao's face from new banknotes
      144 19 Reuters [BEIJING] Move over Mao. China may remove his image from the next range of banknotes to make room for other heroes. Delegates to an advisory body to China's parliament have proposed that Deng Xiaoping, architect of the country's economic reforms, and
      Reuters  -  144 words
    • Article
      Lock icon Canadian bank to join China fund venture
      360 19 Reuters [SHANGHAI] A consortium including Royal Bank of Canada (RBC) plans to apply this month for regulatory approval for a Chinese asset management joint venture, as the stakeholders push to keep pace in the fast-growing sector. Sources familiar with the matter said the
      Reuters  -  360 words
    • Article
      Lock icon Chinese trade surplus shrinks, inflation tails
      207 19 Reuters [BEIJING] China's trade surplus fell sharply in February as imports surged, but economists cautioned against reading too much into one set of figures and said that Beijing would remain under pressure to let the yuan rise faster. Official data also showed that annual
      Reuters  -  207 words
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      287 19 1 K business 1 16,552 miles *S2lffi2s? Y M 13,244 miles ECONOMY -Mi 4,634 miles O 268 m i| pc N®© (Booking Qui: M/H/W/G) W Til ICS t Terms I Conditions To receive the doubt* bonus miles, members must pre-register (or the doubt* bonus mite during th* campaign penod and
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  • INDIA
    • Article, Illustration
      Lock icon Reliance Comm revamps to boost value
      592 20 Chairman Anil Ambani's interest in parent will rise to 63% from 37% Bloomberg [MUMBAI] Reliance Communication Ventures Ltd, which owns phone companies formerly controlled by Reliance Industries Ltd, plans to reorganise to boost its value and ability to raise funds. The stock rose as
      Bloomberg; BLOOMBERG FILE PHOTO  -  592 words
    • Article
      Lock icon Stanchart takes over BBK's Indian operations
      342 20 In-principle approval received from RBI Economic Times [MUMBAI] India's largest foreign bank. Standard Chartered Bank, has signed an agreement to take over the Indian operations of Bahrain's largest bank Bank of Bahrain and Kuwait (BBK). Stanchart is also looking at pumping fresh capital into
      Economic Times  -  342 words
    • Article
      Lock icon India hopes to settle border dispute with China
      377 20 AFP [NEW DELHI! India is optimistic about settling a de-cades-old border dispute with China, a top official said on, Sunday as the two sides held talks on the issue for a second day. India's National Security Adviser MK Narayanan and Dai Bingguo,
      AFP  -  377 words
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      138 20 Diners Club Card r» cJkm.6 0980 A World of Exclusive Privilege* Treats Diners Club M International' **£> 1 .1 I j|||jjj^^ Club o v <7/v //< '■X <"" A gfty 1®# v f>/ Vi" /?•?< u.\fi!'/i fun' luesdAv Retro »V BeMv Hanonc, Site VVrdnrvdax ShanghAi \rtr Thursctat 1 hrmeet rrrfomunte
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      52 20 We go under sea to bring the best freshest offerings, for a meal VB not likely toHfe V Don mou- w a n menu that includes^/^ HpPJPPlifli Deep-fried Red Garoupa with Thai sauce (at $5.50 per lOOgm). Available from 1-30 April for lunch and dinner, 7 days a week including
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      64 20 z/JSRelease your financial Made a profit? >p^/Vp\ results and share it. Call 1800 289 8822 or email notices@sph.com.sg to book your financial results in our newspapers now. notices j j /->. Hard Rock Cafe Singapore I )mn HPL House #02-01 #03-01. Tel: 6235 5232 \&wT/ is«£ o ff f ooc
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon Fears of violent clashes grow in Bangkok
      839 21 Thaksin warns that emergency rule would be imposed if situation worsens By OUR CORRESPONDENT in Bangkok FEARS of a clash between the supporters and opponents of embattled Thai Prime Minister Thaksin Shinawatra seemed greater than ever as tens of thousands of people began
      AFP  -  839 words
    • Article
      Lock icon McClatchy to buy rival Knight-Ridder for US$4.5b
      485 21 AP NYT [NEW YORK] Knight-Ridder Inc, the second-largest newspaper company in the US, has agreed to sell itself to rival publisher McClatchy Co for about US$4.5 billion in cash and stock. The buyer would also assume about US$2 billion in Knight-Ridder debt. McClatchy
      AP; NYT  -  485 words
    • Article
      Lock icon Merck makes 14.6b euro bid for Schering
      471 21 Reuters [FRANKFURT] Drugs and chemicals group Merck unveiled a 14.6 billion euro (5528.3 billion) cash bid for domestic rival Schering yesterday. A deal between the simi-lar-sized rivals would create the first big all-German pharmaceuticals combination, with annual sales of 11.2 billion euros, at
      Reuters  -  471 words
    • Article
      Lock icon Capital One to buy North Fork for US$14.6b
      297 21 Reuters [NEW YORK] Credit card issuer Capital One Financial Corp will acquire North Fork Bancorp Inc for about US$l4.6 billion in stock and cash as it moves deeper into banking operations and gains a foothold in the New York area. Capital One
      Reuters  -  297 words
    • Article
      Lock icon Scandal-hit Livedoor to be delisted on April 14
      388 21 Reuters AP [TOKYO] The Tokyo Stock Exchange will delist shares in scandal-hit Internet company Livedoor Co on April 14 after Japan's securities watchdog filed a criminal complaint against the company for falsifying its books. The Securities and Exchange Surveillance Commission (SESC) had
      Reuters; AP  -  388 words
    • Article
      Lock icon LSE soars as Nasdaq reignites bid battle talk
      414 21 Reuters Bloomberg [LONDON] Shares of the London Stock Exchange (LSE) soared almost a quarter in value in early morning trade yesterday after a £2.4 billion (556.7 billion) bid approach from the Nasdaq Stock Market. That bid last Friday has reignited speculation of
      Reuters; Bloomberg  -  414 words
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  • AVIATION
    • Article, Illustration
      Lock icon Qantas forgoes savings to keep maintenance at home
      333 22 CEO calls it a compromise and a responsibility to the community Reuters [SYDNEY] Qantas Airways Ltd says it would forgo As2o-30 million (Ss24-36 million) in annual profits by its decision to keep widebody jet maintenance operations in Australia rather than take them
      Reuters; AP  -  333 words
    • LOG BOOK
      • Article
        Lock icon Lufthansa CFO Kley to join Merck
        70 22 AFP [FRANKFURT] German airline Lufthansa said yesterday that its chief financial officer, Karl-Ludwig Kley, was quitting to become the deputy chairman of pharmaceuticals and specialty chemicals maker Merck KGaA. Mr Kley "informed the chairman of Lufthansa's supervisory board, Juergen Weber, by telephone that he
        AFP  -  70 words
      • Article
        Lock icon Cathay passenger traffic 9.1% up in Feb
        81 22 AP [HONG KONG] Cathay Pacific Airways Ltfl, Hong Kong's biggest airline, said yesterday that it carried 9.1 per cent more passengers in February than it did in the same month last year, boosted by strong demand to Europe and North America. Cathay carried
        AP  -  81 words
      • Article
        Lock icon Jakarta seeks US$260m Garuda nod
        62 22 Bloomberg [JAKARTA] Indonesia is seeking its Parliament's approval to pay US$25O million this year to bail out unprofitable PT Garuda Indonesia, the country's biggest airline. The government asked Parliament to choose between paying US$25O this year or US$5O million every year for the next 10
        Bloomberg  -  62 words
      • Article
        Lock icon AirAsia carries 50% more passengers
        78 22 AFP [KUALA LUMPUR] Low-cost carrier Air Asia said yesterday that it had recorded increases of over 50 per cent in its January and February passenger traffic in figures for the airline and its Asian associates. Figures for January showed an increase of 50.3 per cent
        AFP  -  78 words
    • Article, Illustration
      Lock icon Airbus A380 prototype clocks 1,000 flight hours
      380 22  - Airbus A380 prototype clocks 1, 000 flight hours By GEORGE JOSEPH [SINGAPORE] The keenly awaited Airbus A3BO mega passenger jet has successfully passed a milestone in its flight test programme. A prototype named MSNI, which made its celebrated first flight on April 27 last year, has just clocked 1,000 flight
      REUTERS  -  380 words
    • Article
      Lock icon Macquarie eyeing bid for BAA: source
      334 22 Reuters [LONDON] Australia's Macquarie Bank is considering launching a takeover bid for British airports operator BAA Pic and has started talks with potential partners, a source familiar with the situation said on Sunday. Macquarie is in talks with US private equity group Blackstone and
      Reuters  -  334 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      582 22 oty man tr» wan no 1,8 HII Wiki "Htl! II sjssi is jg lM«ilon J< «5« 0750 Hi Capetown SS7T7J755 MI5H 1910 KRSHTDSSS gA4M 0040 -gm~mo <"-1■- sfeli m sm 881? OJca. UA995 2355 uAflK 0645 118" W M £od,lB s® M J n i Coiwtw
      582 words
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      141 22 BT/ZUJI Deals of the Week BUSINESS (from ECONOMY from S) HOTEL (from S) Penang $269 $99 $66 (Malaysia Airlines) (Malaysia Airlines) DESTINATIONS BUSWESS CLASS (famS) ECONOMY CLASS from S) HOTEL from*) JMEAffIER Langkawi $340 (Malaysia Airlines) $129 (Malaysia Airlines) $74 Rain j| Bali $490 {Garuda Indonesia) $168 (AusakanAttneg $39 JsT
      141 words
  • Page 22 Miscellaneous
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      202 22 CRYPTIC CROSSWORD creature (9) DOWN 14 Imposing governments get YESTERDAY'S SOLUTION 1 Crab's dodgy movement? (8) revenue from it (8) Across: 8 Gaga, 9 Eel, 10 Eleven, 2 Get off successfully with good Rhythmical edition rotter en- 11 Aubade, 12 Reserved, 13 Prowishes at partinq (8) closed first (8) crastination,
      202 words
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  • SHIPPING
    • Article, Illustration
      Lock icon Not just Arabs but mob worries at US ports
      837 23 Lawmakers raise gangster-terrorist link-up concerns in foreign-owned US ports AP AFP [NEW YORK] Justice Department lawyers warned aight months ago that a nefarious element had infiltrated important US East Coast ports, but they weren't talking about terrorists or Arab shipping companies;
      AP; AFP  -  837 words
    • Article
      Lock icon Excessive controls 'may destroy US'
      244 23 Reuters [LONDON] The United States risks damaging its economy if it overreacts to potential security threats, US Homeland Security Secretary Michael Chertoff said in comments published yesterday. In an interview with the Financial Times after a political furore in Washington over plans for an Arabowned
      Reuters  -  244 words
    • Article
      Lock icon Rising global trade lifts PSA's S'pore box volume
      277 23 Bloomberg [SINGAPORE] PSA International said it handled 4.7 per cent more containers in Singapore in the first two months of the year, helped by growth in global trade. PSA, whose container volumes rose to a record last year, handled 3.56 million 20-foot
      Bloomberg  -  277 words
    • Article, Illustration
      Lock icon Patrick shares jump as Toll prepares to raise bid
      322 23 [SYDNEY] Investors in Australia's logistics and port businesses are keenly watching the moves of Toll Holdings chief executive Paul Little as he signalled he will increase his A 54.3 billion ($5.1 billion) bid for Patrick Corp, Australia's biggest port cargo handler,
      BLOOMBERG  -  322 words
    • Article
      Lock icon M'sian shipowners upbeat about growth this year
      440 23 (KUALA LUMPUR] Malaysia's shipping industry is expected to continue growing this year and it may turn out to be another exceptional year for shipowners, Malaysia's Business Times reported the International Shipowners' Association of Malaysia as saying, x The association's chairman, Abdul Latif Abdullah,
      440 words
    • Article
      Lock icon TRANSPORT STOCKS
      287 23 SGX '000 Mar 11 SS W Vol CH Offshore 0.38 -0.01 266 Chuan Hup.. .037 unch 2304 Cosco Corporation 1.19 -0.01 1825 CWT Distribution 1.0« 0.01 39 EzraHldgi 234 0.03 122 fretghtUnks 0.06 -0.01 502 Grand Banks Yacht..- .0.91 unch 0 JayaHotdings 1.27 -0.02 246 K1 Venture .0.39
      287 words
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      373 23 I I |r I A true blue international event for maritime and shipping industry professionals. l Come and experience refreshing ways of doing business in a new dimension! Who's Who in the Maritime World mSvS&fivL Be awed by 9 National PavWons, 594 exhibiting companies from 45 countries, Iff, fjr 300
      373 words
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  • EDITORIAL & OPINION
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      Lock icon India's search for energy security
      545 24 EDITORIAL AFTER a controversial nuclear deal with the US, India is attempting to achieve energy security with a gas pipeline from Iran via Pakistan. The first official-level tripartite meeting in Teheran is now dealing with gas pricing, project structure and a framework agreement before ministers
      545 words
    • Article, Illustration
      Lock icon Europe braces for a recovery without jobs
      1183 24  -  A structural shift is driving companies to expand while staying as cost-efficient as they can By CARTER DOUGHERTY International Herald Tribune FOR Hansjvrg Cramer, the top executive for sales at the German insurance giant Allianz, life is getting more efficient. His legions of
      International Herald Tribune  -  1,183 words
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      Lock icon Pay for not clearing land to stop global warming
      814 24  -  THE BOTTOM LINE DAVID MASON SINCE history began, soothsayers have predicted doom. Today, these stories are faithfully rebroadcast by the media here, as there is nothing like doom to get people's attention. Of all the catastrophes predicted, the best is global
      814 words
    • Article, Illustration
      Lock icon Bidding adieu to globalisation?
      1835 25  -  Post-9/11 American nationalist fury and rising Arab and Muslim rage could blow up the open global economic system LEON HADAR Washington Correspondent PHILIP Bobbitt's The Shield of Achilles: War. Peace, and the Course of History (Alfred A. Knopf) received a few glowing reviews when it was
      AFP  -  1,835 words
    • Article, Illustration
      Lock icon Europe needs less state meddling, not more babies
      884 25  -  MATTHEW LYNN Bloomberg PLANNING a baby soon? Well put your feet up. Europe's governments are going to help you along. In the past few years, tax and welfare policies have been designed to increase the region's birthrate. Yet, the demographic time-bomb is
      Bloomberg; AFP  -  884 words
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  • Article
    Lock icon SINGAPORE STOCKS
    10770 26 SGX MAINBOARD 52-WV Tei Last Vol Day Last Quote Grttv Drv GfVtd Nat MCap High Low Coda Company Sala +I- 000) High Low »uyaf SaUac C*t Wt Smtl 5 2 5716 1st Software 5c 2.5 +0.5 211 2.5 2 2 2.5 10.1 18.5 6 3148 STelecom US2c 7.5
    10,770 words
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      32 26 Trade from 20% deposit (5 x leverage) on most stocks Go long or short Competitive financing rates In all market# Access to Asian, US, furo stocks Select Exchange "ftaded Funds iwd Indices
      32 words
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  • Article
    Lock icon FINANCE & COMMODITIES
    5973 27 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In Iota! OBT In SS In USS %&i %yr %r ay 10 Iwdgg Change Ctunq* Change Change Chang* Change The Work) into Prelimmaiy 1005.6 09 3,7 05 1.7 05 3.8 J EAfE Pretiminaty 1019.2 0.7 4.7 00 2.7 00 43 Europe Pieftranary 1368,8
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  • Page 28 Advertisements
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      877 28 i _Ji lllllllllLl i*i^rm til I I .L^l w i > /g\ NYK GROUP SOUTH ASIA PTE LTD QM fy vr TfcL 6295 0123 MOLxjMK C&gdf ML >3 li LINE Fax:6292 2856(Regionalsales)/6239 7^O9(OPS)/*****785(Documentation) V NIPPON YUSEN KAISHA TOKYO 09AKU KASHA. UO. (C/R NO: **********0E) UK CONTINENT SERVICE U.S.A SERVICE Destination
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      Lock icon Page 28 Advertisements Column 2
      395 28 p] DONGNAMA LINE VESSEL (EVERY WED) VOY SGP HKG I*C PUS AEGEAN EXPRESS 603N 12/0) 26/03 31/0) NIXMU l 603N 29/03 01/04 07/04 VESSB (EVHtY SUN) VOY fsGP HKG KOTA WMAWAN WRN49S 19/03 23/03 KOTAHARTA HU4SI 24/03 30/03 KOTAHASA HAS4I9 02/04 04/04 VESSB (EVERY SUN) VOY SGP HKG TVY YOK
      395 words
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      Lock icon Page 28 Advertisements Column 3
      705 28 jINTtHASU KOftO MtVK3 VBsa/vor hammd hbcwrd rue not to aw ht SJUirSVEMTUH 05/04 15 3.2 22/03 25/03 30/03 02/04 04/04 srum votuie 04/0* is 3.2 04/04 01/04 20/04 23/ M 25/04 I STtATTS VBfTUtE 07/04 15 3.2 27/04 30/04 04/05 07/05 01/05 IAUSTKAUAN KOKO SIKVICI j VBSa/VOY IMWOT HB6HIW) 13
      705 words
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      Lock icon Page 29 Advertisements Column 1
      1720 29 WAN HAI INTERNATIONAL Prt LTD atNftiwsttOOOO/t W\ WAN HAI LINES 200 llVlinil lini naiLiogiMtamHutmJMansrMttiMnuMOMfciManMM V JOH li (07) 2511*23 Hut mtsitm SUt Ik: 0)1) JJ9J47J MX: «l) am]*/ WIJOS www wonhai ram cn *T nL|D2I) *****88 FAX: |021| 5254*81 ri**:7lUB»/71*M1 RUt7I4OT www.wiinnßi. t »ni.ig Baifc|o6l)4ls7H3t>l:gtl)4lsonS/41<W09 I'vcsa I vot Irwl mi
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      216 29 P. T. DJAKARTA LLOYD (PERSERO) I AUSTRALIA FULL CONTAINIR SERVICE I At Agents Starship Agencies (MAL) Pte Lid I Operator Code: DJ CR NO. **********0H vst Ivor I sw I mo I re I wk I std I wa I ah. I AM. ESftIT I QMS I 19/03 I 21/*****/03
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      Lock icon Page 29 Advertisements Column 3
      1955 29 w WEEKLY EXPRESS SAIUNG SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AMD WESTERN ICQ POINTS VESSEL VOT SIN PJOANG COLOMBO N. SHIV* COLOMBO iiß »a =asb ton PEIWIIA YPWMI 27 MAI 28MAI 31MAI 03AW MAW ■MUMP 0102W 03 AW 04 AW. 07 AH 10 AW 13 AW IAWGANDHI OIO2W 110 AW
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  • THE BUISNESS TIMES SHIPPING TIMES
    • Article
      Lock icon THE BUISNESS TIMES SHIPPING GUIDE EXPORT
      5931 30 This ETA ETA Advertiser Vessel Voyage Telephone SIM... Dest'a Name Maw Number Ihimbii To ABIDJAN (ABJ) 2003 Cote D'lvoire 21X13 02/05 China Shpg CMA CGM K0M000 SX221W *****896 22/03 22/04 Delmas NALA DELMAS 616W *****344 28/03 02/05 China Shpg CMA CGM KALAMATA SX223W *****898
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      Lock icon Page 30 Advertisements Column 1
      306 30 VESSEL VOY SIN PGU VtSSil VOY SW JKT PAC BANDA 1687N 15/03 16/03 PAC MNTAN 9342 11/03 21/03 CSF 2301 0251P 16/03 17/03 lALI 4210 20/03 23/03 PAC lANDA 1688N 17/03 17/03 ISTT IVlll mum 1689* 14/23 18/03 gJJ CSf 2301 0252P 18/03 19/03 g MCMHOA 1690 M 19/03 20/fi3L_
      306 words
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      Lock icon Page 30 Advertisements Column 2
      262 30 VlSStl VOY I PKL SIN KARACHI DXB BAB NHS PMM UK KHOR IRAN SHAHRYAJt PCI 1126 17/03 It/03 28/03 31/03 01/04 06/04 09/04 12/04 IRAN BAABAN PCI >127 25/03 26/03 04/04 07/04 04/04 13/04 16/04 19/04 IRAN KORPtSTAN PCI 1129 02/04 03/04 12/04 13/04 16/04 22/04 25/04 28/04 VESSEL VOY
      262 words
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      Lock icon Page 30 Advertisements Column 3
      121 30 BSA MYANMA nM FIVE STAR UNE (MyoniHor National Um) Loading for Tango* VESSEL VOY .SIN PKI PIN PGU CHIN SHWI HAW 90W SID PAGAN 349W Sit IN MALAYSIA: IOUSTIAD SHIPPING AGfNCIIS KUI/PKL 03-300 St 3M PIN: 04-*****1S ACCEPTING CONVENTIONAL CSO vessr wrw sm m kch tm *tu sok mi SUNNYKMT
      121 words
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  • PROPERTY
    • Article, Illustration
      Lock icon Shun Tak gets HK$5b loan for Macau property projects
      335 31 Casino tycoon Stanley Ho's firm to sign deal with 20 lenders today Bloomberg [HONG KONG] Shun Tak Holdings Ltd has received a HK$5 billion (Ssl billion) loan to fund real estate projects in the southern Chinese city of Macau. The funding
      Bloomberg; REUTERS  -  335 words
    • Article
      Lock icon InterContinental sells 24 hotels to Westbridge
      175 31 Bloomberg [LONDON] Intercontinental Hotels Group pic, the owner of Holiday Inn, said it has sold 24 hotels in European cities including Amsterdam and Milan to a unit of Westbridge Hospitality Fund LP for 352 million euros (Ss6B3 million). The properties were sold with 15-year
      Bloomberg  -  175 words
    • Article
      Lock icon Tanah Merah site up for sale
      302 32  -  $130 m bid triggers URA release of 2.2 hectare plot from reserve list By ALEXANDRA HO THE Urban Redevelopment Authority (URA) yesterday launched the sale of a 2.19 hectare plot of residential land at Tanah Merah Kechil Avenue. This comes two weeks after a
      302 words
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      Lock icon KL's luxury condo market faces bubble
      456 32 AFP [KUALA LUMPUR] The Malaysian capital's luxury condominium market, which has enjoyed an unprecedented boom over the past two years, is facing the threat of oversupply, experts say. Some 23 high-end condos are being constructed around the Petronas Twin Towers the world's sec-ond-tallest building
      AFP  -  456 words
  • Page 31 Advertisements
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      328 31 H PRIME FREEHOLD RESIDENTIAL LAND AT CAIRNHILL POTENTIAL FOR 200 LUXURIOUS UNITS Parcel Site Area Plot Ratio I >NM 1 I O ¥i?AI! O'i 'SKK- m <• 1 L f. W f —f St 1 6,253.1 sqm 4.59 .ss V" 2 4,631.8 sq m 2.8 O Wo 4sW ki RP
      328 words
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      Lock icon Page 31 Advertisements Column 2
      273 31 MORTGAGEE SALE OFFICE BUILDING FOR SALE BY TENDER IS HOE CHIANG ROAD, EURO-ASIA CENTRE 29-storey freehold office building with 108 car park lots Land area: approximately 49,442 sq ft Gross area: approximately 244, 233 sq ft Walking distance to Tanjong Pagar MRT Station J Outline Approval granted for Residential with
      273 words
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      313 32 Large Prime Residential Site IlilllMWAldiTTtl I Site Area: 256,486 sf(approx) f J "■piTsSF/s/ Tenure: 99 years leasehold Plot Ratio: 1.4 flgHffl?/ Prestigious address at prime district 11 _££_££JRSy? j t Close proximity to reputable schools "winfitoid Next to Raffles Girls Pri and within 1 km to Nanyang Pri «>." Close
      313 words