The Business Times, 20 March 2006
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2006-03-20
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The Business Times
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Title Section15 2006-03-20 1 THE BUSINESS TIMES Monday, March 20,2006 SINGAPORE 85 cents online at http://business-times.asial.com.sg MICA (P) 099/03/200615 words
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Article, Illustration568 2006-03-20 1 ARTHUR SIM - Raffles Holdings shareholders to get cash payout By ARTHUR SIM [SINGAPORE] For the first time in Singapore, two property trusts have joined hands to make a major acquisition a $2,085 billion deal to buy Raffles City. The sale of the Singapore landmark,FILE PHOTO - 568 words
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Article136 2006-03-20 1 MARKETS Week Chge STI .2494.41 -2.32 KLSE COMP 922.62 +0.66 NIKKEI 225 *****.73 ....+224.10 HANG SENG *****.66 ....+356.61 SET INDEX 741.43 +13.25 JAKARTA COMP ...1305.18 +57.76 MANILA COMP ....2150.17 +46.80 TAIPEI TAIEX 6528.57 —+37.89 SEOUL COMP 1341.12 +21.05 SHENZHEN B 248.01 +5.15 AUSTALLORD 4932.70 +83.30 DOW JONES *****.65136 words
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715 2006-03-20 1 LESLIE YEE - Singapore 2006 will be the biggest event of its kind to be held here By LESLIE YEE [SINGAPORE] The International Monetary Fund (IMF) and World Bank meetings in Singapore in September will generate at least $95 million for the economy as715 words
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Page 1 Advertisements
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Advertisement38 2006-03-20 1 BizlT in R t t< Digital home livings' h° w it should be %am-- pg 28 Views From The Top Should Singapore companies venture into non-traditional markets outside the immediate region? Singapore bosses give their views PG 8&938 words
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Advertisement153 2006-03-20 1 GENERAL ELECTION SMGoh tasked to help back Potong Basii; BTONUNE BT print subscribers get free access to the Business Times Online. To activate your account, log on to http7/ business-times.asial .com.sg. For more information, e-mail btocs@sph.com.sg or call 6388-3838. tk*. ■i r V w i F i r ,3 H153 words
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TOP STORIES
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Article, Illustration583 2006-03-20 2 NANDE KHIN - PM Lee says new PAP candidates will be announced this week By NANDE KHIN [SINGAPORE] Prime Minister Lee Hsien Loong has asked Senior Minister Goh Chok Tong to help the People's Action Party win back the opposition wards of Potong PasirLIM SIN THAI/ST - 583 words
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Article, Illustration490 2006-03-20 2 Move is part of plan to lure investment ease integration Bloomberg. Reuters [NEW DELHI] India will consider allowing the rupee to trade freely against foreign currencies, as part of a plan to boost overseas investments into the country, Prime Minister Manmohan Singh saidBloomberg.; Reuters; BLOOMBERG - 490 words
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Article593 2006-03-20 2 Islamic finance products not a big draw here A BT survey has found that while the majority of retail investors in Singapore are aware of the existence of Islamic finance products, there is generally a lack of understanding of such products. Thus, it won't be easy for such593 words
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520 2006-03-20 3 LESLIE YEE - S'poreans want to know more about them, but won't invest: BT survey By LESLIE YEE [SINGAPORE] It won't be easy for Islamic finance products to take off in a big way in the Singapore retail market, a BT survey has found. A random520 words
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Article, Illustration557 2006-03-20 3 KALPANA RASHIWALA - By KALPANA RASHIWALA [SINGAPORE] A freehold apartment block in Nassim Road understood to be owned by motoring tycoon Peter Kwee has been put on the market with an indicative price of $30-32 million. Nassim Gardens, located at No 49A to 49K557 words
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Page 2 Advertisements
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Advertisement347 2006-03-20 2 Money Markets Work! Short term on- and off-balance sheet interest rate instruments f Dates This is a savvy guide on the wide disposition of money market products other 20 &21 April 2006 than the plain deposit/loan. It covers Certificates of Deposits (CDs), 9.00 am to 5.00pm Commercial Papers (CPs), Bankers347 words
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Advertisement10 2006-03-20 2 people HR's secret weapon. Www thepeopleatwork com Asia-Pacifir, Executive Search10 words
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Page 3 Advertisements
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Advertisement136 2006-03-20 3 Hut Equally pleasurable on bumps, potholes and the red carpet. The new M-Class. Cultivated power. The pleasure of getting there begins the moment air suspension raises the chassis, and intelligently lowers of a commanding presence with smooth driving dynamics A you start the engine of the new M-Class. Like a136 words
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SINGAPORE MARKETS
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Article, Illustration630 2006-03-20 4 R SIVANITHY - STOCKS R SIVANITHY Senior Correspondent IF you were to ask the bosses of every listed company to name their single biggest gripe about the stock market, chances are they would unanimously claim that their shares are undervalued. For sure, there'd be different630 words
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493 2006-03-20 4 CURRENCIES AFP [HONG KONG] Asian currencies «mostly strengthened against the US dollar over last week, with markets speculating that the US Federal Re- serve would make fewer rate rises than earlier thought. Japanese yen: The yen bounced back from a one-month low against theAFP - 493 words
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Article1255 2006-03-20 4 Payment El (Mta Pay Payment b looks Pay i q»* *bs_ Ifld —em.—ins_ Arbor. t BSO 02 44a, CVMj, I7M* Hera fleet U b 100 HM) 0M4* l>% Af MEvenecti j »S0 flMgr 0«-4)tay tB4*ay NetaTelecom 8 Ui 0*M* 09-Ma, l*Ma, Allgrem b AjDO 0« May 04 2}1,255 words
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Article, Illustration1759 2006-03-20 4 Consensus No.of Forecast Mean Ftfs recommendation esti- EPS K target price v Company name This wk Last mth mates (cents) (ratio) price Advanced Holdings 1.00 1.00 2 8.95 14.08 1.46 1.26 Allgreen Properties 2.11 2.13 9 8.23 18.10 1.44 1.49 I Ascendas REIT 2.39 2.39 13 11.41 18.061,759 words
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Article, Illustration1501 2006-03-20 6 TEH HOOI LING - TEH HOOI LING Senior Correspondent THE Singapore market continued to confound sceptics who have been anticipating a correction since the beginning of the year. After a few weeks of weakness, the second-tier market sprang back to life, and with a vengeance at that The only available proxy1,501 words
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Article, Illustration1331 2006-03-20 6 ROBERT HALILI - INSIDE MARKETS But sentiment has been positive this month with net buys of 19 firms and 106 transactions, says ROBERT HALILI ROBERT HALILI THE buying by directors and substantial shareholders was low for the first time in the past three weeks with onlySource: Asia Insider Ltd - 1,331 words
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Page 4 Advertisements
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Advertisement22 2006-03-20 4 Inviting tenders? Call 1800 289 8822 or email notiees@sph.com.sg to book your tender notice in our newspapers now. NOTICES WEBr |l 122 words
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COMPANY NEWS
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Article, Illustration625 2006-03-20 5 VEN SREENIVASAN - Shipping group plans two share classes with varied dividend payouts By VEN SREENIVASAN GREEK shipping group Omega Navigation has become the first company to head for a dual US and Singapore listing since Chartered Semiconductor Manufacturing and Stats ChipPac. The company lodged its preliminary625 words
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346 2006-03-20 5 ARTHUR SIM - By ARTHUR SIM SC Global Developments will pay $266 million or $1,064 per sq ft per plot ratio (psf ppr) for 8 Paterson Hill, Paterson Tower. In a press release yesterday, SC Global said that its offer, made by wholly owned subsidiary346 words
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Article, Illustration256 2006-03-20 7 ARTHUR SIM - 400 m yuan to be ploughed into JV with lead recycler Jiangsu Chunxing By ARTHUR SIM SEMBCORP Industries will invest 400 million yuan (SsBo million) in a new joint venture with China's largest lead recycler, Jiangsu Chunxing Alloy Group (JCA). Wholly owned subsidiary SembCorp Environmental Management256 words
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418 2006-03-20 7 Bloomberg [MUMBAI] Bharti Tele-Ven-tures, India's biggest mo-bile-phone company and an associate company of Singapore Telecommunications, expects to increase the pace at which it signs up new customers as it expands into more towns and villages in the nation. "From this point onwards, there isBloomberg - 418 words
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700 2006-03-20 7 CONRAD RAJ - HOCK LOCK SIEW By CONRAD RAJ INVESTOR concerns over DBS Holdings's foray into the South Korean financial market have been evidenced by a significant drop in the company's share price. DBS shares have fallen by more than 50 cents since news last week700 words
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Page 5 Advertisements
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Page 7 Advertisements
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Advertisement21 2006-03-20 7 Releasing your financial results? Call 1800 289 8822 or email notices@sph.eom.sg to book your financial results in our newspapers now. NOTICES21 words
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Advertisement229 2006-03-20 7 /'S I- f u if I?f%fe' i PS! ■■>•'-""' •'--J v r-"'*\ tikts i«a lata tha fatara > faralihlaji far a ralaxlag Caataaiparary ityliag ta yaar axtra aaw j; SHlFT.modern luxury CEFIRO Made in Japan Smart Screen Navigation System* Full digital auto air-con system (dual zone)* Memory driver seat (2229 words
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VIEWS FROM THE TOP
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Article, Illustration3591 2006-03-20 8 THIS WEEK'S TOPIC Should Singapore companies venture into non-traditional markets outside the immediate region? What issues should they consider when making this decision? Are there promising, but relatively untapped, markets that your company is considering exploring? TOUGH question this week. Geographic expansion is generally one of the top3,591 words
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Page 8 Advertisements
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Advertisement70 2006-03-20 8 BT CEOs e-Club 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 one, with interaction mainly via email. Each week, we will invite comments from these top executives70 words
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Page 9 Advertisements
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Advertisement176 2006-03-20 9 r_ r hv r 'fy» i?;,«SP >,%%*wufWf «<r >■■ ?-v* -1 *'W la tliiwVa stfiiej meet clients in Bangkok, I mm "fi Ji| tt I I I m m m m r* *1 I i^r be home for family dinner by 6.30pm. Cancel the hassle of meetings and change the176 words
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Advertisement21 2006-03-20 9 HAVE YOUR SAY What do you think of the opinions expressed in these pages? Share your views by writing to btletterOsph.com.sg21 words
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SINGAPORE NEWS
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Article, Illustration898 2006-03-20 10 NANDE KHIN - It sets up S'pore research centre to create innovative products By NANDE KHIN SINGAPORE may restrict the sale of chewing gum, but that is not stopping UKbased Confectionery giant Cadbury Schweppes from setting up a science and technology (S&T) centre to innovate new typesAFP; YEN MENG JIIN - 898 words
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Article106 2006-03-20 10 DATE/ TIME EVENT VENUE 20-22 Mar Asia Business Forum on Marina Mandarin 8.00am Reits 22 Mar Singapore Executive Novotel Clarke Quay 8.30am Forum: 'A Question of Singapore, Value: The Programmes 177A River Valley and Hotel Rate Road Negotiations' 22 Mar Conference on The New Intercontinental Hotel 9.00am Trust106 words
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Page 10 Advertisements
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Advertisement126 2006-03-20 10 »■**«*i»c»n>y Diners Club Card To apply, can64l6 0980 A World of Exclusive Privileges Treats fDiners Club j. V' International' l —J—Mr tcwuxdmers.com.sg N ,X S if*£ "V?' y> "S S-* *'-> -"f t4v* J* w INSANELY SOME PEOPLE EVEN <Mall us an \nstitution. B^hF Poolside, level 4, above Tanglin Mall.126 words
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DINING OUT
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Article, Illustration1312 2006-03-20 11 SEASONAL MENUS Whitebait ft Kale 1 Orchard Boulevard, Camden Centre, #01-01. Tel: 6333-8697 Flavours of Perfection Mar 15 May 15 THE mention of Alpine Valleys makes one think of cheese and rosti, punctuated with a little yodelling perhaps; but these valleys are actually1,312 words
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Page 11 Advertisements
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Advertisement178 2006-03-20 11 JAEGER-LECOULTRE Congratulates The Winners of The Ernst Young Entrepreneur Of The Year Awards 2005 flg i 'Jm Ernst Young Entrepreneur Of The Year lli Lifestyle, Hospitality Singapore 2005 Emerging Entrepreneur Iu^ En l e P rof Of The Year 2005 immim Jaeger-Lecoultre congratulates the award t^C mSt oung E J178 words
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BT-CITIBANK YOUNG INVESTORS' FORUM
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Article, Illustration581 2006-03-20 12 IN previous articles, we explored what bonds are. But understanding what a bond is about and actually buying it are two different things, especially if one is not totally comfortable with this instrument. This week we begin a two-part series to look at two important and useful581 words
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Article, Illustration700 2006-03-20 12 KELVIN SAM - CAMPUS LIFE Winners of Kim Eng's 'The Analyst' competition tell KELVIN SAM the secret of their success KELVIN SAM GIVEN the company's growth potential and exciting prospects, we would recommend a Buy for this company's stock. The above recommendation was made by a team of three:ARTHUR LEE - 700 words
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Article205 2006-03-20 12 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 have205 words
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Page 12 Advertisements
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Advertisement46 2006-03-20 12 citibank The Business Times-Citibank Young Investors' Forum is published every Monday in The Business Times. It aims to raise the financial awareness of university and polytechnic students and cultivate a better understanding of business issues. The series is part of BT and Citibank's tertiary outreach programme.46 words
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ECONOMY WATCH
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Article, Illustration473 2006-03-20 13 Analysts see plenty of scope for currency to fall in next 6 weeks Reuters [NEW YORK] The dollar has experienced bouts of selling in recent months and emerged the stronger, but a host of factors conspiring against the greenback suggest that the extent ofReuters; REUTERS - 473 words
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422 2006-03-20 13 Reuters [WASHINGTON] The US Federal Reserve is likely to wrap up its campaign to boost interest rates by midyear at the latest as economic risks shift from inflation to slower growth, a panel of bank economists said on Friday. The AmericanReuters - 422 words
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528 2006-03-20 13 Bloomberg, Reuters [BEIJINGI The market will be allowed to play a bigger role in setting the yuan's exchange rate, central bank vice-governor Wu Xiaoling said on Saturday, reiterating a commitment to a more freely traded currency. She said the yuan has become more flexible. "The exchange-rateBloomberg,; Reuters - 528 words
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Page 13 Advertisements
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Advertisement124 2006-03-20 13 I f ***** fas tAy. mw^m it I 1 ifr ittMf r There are several ways by which we enhance people's lives. Here is one of them. Our visual solution supported by advanced projector has enhanced teachers' performance and students' comprehension level. With original mirror projection technology that enables ultra-short124 words
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MALAYSIA/INDONESIA
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939 2006-03-20 14 PAULINE NG - Builders hope for good news as govt assures them of reason to smile By PAULINE NG in Kuala Lumpur SHARES in Malaysian construction companies have been rising in anticipation of good news in the forthcoming 9th Malaysia Plan (9MP). Like a939 words
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Article2947 2006-03-20 14 Transaction date: Mar 17 For a full listing of the closing prices, log on to BT Online at http://business-times.asial.com.sg after 11.30pm every trading day HONGKONG vo. o Easyknit 0.12 unch 3610 Aeon Credit 620 unch 8 EcoTefc— Aeon Stores 7.85 -0 05 112 eForceHldgs 0.03 unch 2500 Angang2,947 words
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505 2006-03-20 14 It also seeks more joint ventures to boost revenue AFP [KUALA LUMPUR] Malaysian low-cost carrier Air sia hopes to launch more flights to China and subsequently to India as it plans to become an Asia-wide airline. Group deputy chief executive Kamarudin Meranum saidAFP - 505 words
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Article, Illustration592 2006-03-20 14 S JAVASANKARAN - MALAYSIA INSIGHT S JAVASANKARAN KL Correspondent AT LEAST one chapter closed in Kuala Lumpur last week, although another remains wide open. On Wednesday, Tan Teong Hean, chief executive of Southern Bank (SBB), gamely posed for photographs with Nazir Razak, his counterpart at CIMB, the592 words
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292 2006-03-20 14 [KUALA LUMPUR] Air Asia Bhd is planning to outsource the rural air services to another party if it is asked to take over the operations from national carrier Malaysia Airlines (MAS), says a report in Malaysia's Business Times. The paper quoted the budget292 words
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141 2006-03-20 14 Bloomberg [JAKARTA] Gold miner Newmont Mining Corp yesterday said protesters burnt an exploration camp on Indonesia's Sumbawa island even as Indonesian police announced 12 more arrests in connection with last week's violence at a Freeport-McMoßan mine in Papua. In yesterday's fire, no one wasBloomberg - 141 words
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GREATER CHINA/INDIA
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609 2006-03-20 15 ANTHONY ROWLEY - Move could draw India's economy closer to Japan, Asean and China By ANTHONY ROWLEY in Tokyo CORPORATE Japan is about to make a major advance into India as manufacturing and other companies prepare to establish what Osamu Watanabe, chairman and CEO of the609 words
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652 2006-03-20 15 Strong growth prospects, good ROE draw investors Reuters [HONG KONG] Investors are snapping up Chinese property stocks, betting that government steps to cool house prices will not stymie demand from the 8.5 million people who flock to Chinese cities each year. Shares inReuters - 652 words
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Article, Illustration79 2006-03-20 15 AFP [NEW DELHI] An Indian child lights a candle during a protest in which participants demanded justice for victims of the Bhopal gas tragedy in New Delhi. A gas leak on December 1984 from a Union Carbide Factory killed more than 8,000 people and injured2oo.ooo. The victims ofAFP - 79 words
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217 2006-03-20 15 AP [HONG KONG] Seven record companies are suing an unemployed single father of four in Hong Kong for illegally uploading music onto the Internet, even though he claims he doesn't know how to switch on a computer, a newspaper reported yesterday. The accused,AP - 217 words
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182 2006-03-20 15 Reuters [BEIJING] A city in China, a country that's home to the world's most enthusiastic smokers, is crushing fake cigarettes to make medicine, Xinhua news agency said yesterday. The northwestern city of Xian is using the counterfeit cigarettes to extract solanesol, a compoundReuters - 182 words
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458 2006-03-20 15 Purchase is India's 2nd biggest foreign corporate takeover Reuters [MUMBAI] Indian wind turbine maker Suzlon Energy Ltd has bought the world's No 2 maker of wind turbine gearboxes for 430 million euros (SsB47 million). It is India's second-largest foreign corporateReuters - 458 words
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214 2006-03-20 15 Reuters AFP [MUMBAI] India's Aditya Birla group has signed an agreement with the government of to invest US$35O million to develop plantations and a pulp plant for its viscose staple fibre business. Aditya Birla group, which comprises flagship Grasim Industries Ltd,Reuters; AFP - 214 words
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Page 16 Advertisements
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Advertisement3312 2006-03-20 16 NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg I NUCLEUS ELECTRONICS NUCLEUS ELECTRONICS LTD (Incorporated In The Republic Of Singapore) Company Registration No. *****2443R Notice off Annual General Meeting Year ended 31 December 2005 NOTICE IS HEREBY GIVEN that the 11th annual general meeting of the Company will be held at 413,312 words
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Advertisement721 2006-03-20 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER Of, HEALTH DEVICES PTE LTD (REGISTRATION NO- *****6343G) (INCORPORATED IN SINGAPORE) At on Extraordinary General Meeting of the abovenamed Company duly convened ond held ot 608 Orchard Rood, #06-18 The AtriumaOrchard S(*****1) on the 20 MARCH 2006721 words
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Advertisement1074 2006-03-20 16 in The Matter Of The Companies Act, Cap. 50 And In The Matter Of GEOTZ PTE LTD Company Reg. No. *****3978 M (In Voluntary Liquidation) Members' Voluntary Winding Up At an Extraordinary General Meeting of the Members of the abovenamed Company duly convened and held at 13 Leonie Hill Road1,074 words
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ASIA-PACIFIC/WORLD
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Article575 2006-03-20 17 UK's largest insurer may launch hostile bid after initial Prudential rebuff Reuters [LONDON] Britain's biggest insurer, Aviva pic, will consider this week whether to make a hostile bid for UK rival Prudential pic or raise the price it would pay after ii preliminary approach was rejected.Reuters - 575 words
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Article, Illustration728 2006-03-20 17 By OUR CORRESPONDENT in Bangkok POLITICAL unrest in Thailand claimed its first fatality over the weekend as a 58-year-old man succumbed to the intense heat of the approaching summer. Kimleng Sae Lee, a homeless man, died suddenly while taking part in an anti-ThaksinREUTERS - 728 words
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Article, Illustration491 2006-03-20 17 AFP [PARIS] French Prime Minister Dominique de Villepin is walking a tightrope over his hotly-contested youth jobs plan and any misjudgment after Saturday's mass protests could topple him into the political void, commentators said. The burgeoning movement against the FirstAFP - 491 words
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Article321 2006-03-20 17 Reuters [LONDON] Oil cartel Opec has cut its forecast for global oil demand growth this year due to slower consumption in the United States and Asia. Asian demand was affected by the removal of government fuel subsidies in some countries. The cartel pegged global demandReuters - 321 words
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566 2006-03-20 17 AFP [HANOI] For the second time in a decade, investors are flocking to Vietnam attracted by rave reports about its hard-working, literate and low-cost workforce and the country's dynamic economic growth. Ten years ago the hype soon fizzled as many foreign companies foundAFP - 566 words
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Page 17 Advertisements
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Advertisement83 2006-03-20 17 I Global I p^ssk^^i VOLKSWAGEN FINANCIAL SERVICES SINGAPORE LTD. *****,000,000 MULTICURRENCY DEBT ISSUANCE PROGRAMME SERIES NO. 004 5535,000,000 GUARANTEED FLOATING RATE NOTES DUE 2007 Pursuant to Condition 15 of the Notes, notice is hereby given that (or the Interest Period beginning on 20 March 2006 and ending on (but excluding)83 words
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AVIATION
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Article, Illustration548 2006-03-20 18 Tests found items investigators smuggled can be bought easily AFP [WASHlNGTON] Security screeners at 21 airports across the United States failed to detect bomb-mak-ing materials during recent tests by government agents, US officials said on Friday, citing a classified report. "The fact thatAFP; BLOOMBERG - 548 words
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299 2006-03-20 18 Bloomberg [NEW DELHI] Air India Ltd said it's planning to convert some 15-year-old Airbus A3lO planes into cargo carriers, adding freighters to its fleet for the first time to tap rising shipments of goods in Asia's fourth-larg-est economy. Air India may also leaseBloomberg - 299 words
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Article214 2006-03-20 18 Bloomberg [CHICAGO] Delta Air Lines Inc, seeking to increase revenue while in bankruptcy, raised one-way fares by US$5 for US travel, prompting rivals to match the higher prices. It was the second increase in as many weeks. AMR Corp's American Airlines, Continental Airlines Inc andBloomberg - 214 words
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189 2006-03-20 18 AFP. Bernama [LONDON] The British aerospace giant Rolls-Royce has announced that it would supply China Southern Airlines with jet engines in a deal worth US$6OO million. China Southern has ordered Rolls-Royce Trent 700 engines to power its new fleet of 10 Airbus A 330AFP.; Bernama - 189 words
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499 2006-03-20 18 Airbus says country may buy 950 planes in next 20 years Bloomberg [NEW DELHI] The International Air Transport Association said that India needs US$9O billion of investment in aviation by 2030. Indian airports will need an investment of US$3O billion and airlinesBloomberg - 499 words
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257 2006-03-20 18 Bloomberg (NEW DELHI] Jet Airways India Ltd, the nation's biggest domestic airline, said that it is proceeding with the US$5OO million acquisition of rival Sahara Airlines Ltd, the largest takeover in India's aviation history. Jet Airways has not applied forBloomberg - 257 words
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Article496 2006-03-20 18 CUT HI 1 1 SQU7 2235 831 II toOI j I OwfetdHTd. 1|4g Jl|g jUdtk m m m bk gar- t&z Ccfombo mWWS ,yHI? 9735 AA414 0955 «yi8 E fi' 1 !«8 It«lih—I PG503 1420 PG504 2010 OOT2 14» 50&S 2545 KoKita ***** 0625 3«71 1945496 words
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Page 18 Miscellaneous
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Miscellaneous340 2006-03-20 18 CRYPTIC CROSSWORD 1 Tending to justify very little 7 Rhythms still changing (5) 8 Denounce professional writer *I I I I I I I I I P 10 You'd get at least 20 asses for HI |H| this Roman money! (7) 11 Food something sickly, we J 1 i hear,340 words
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SHIPPING
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Article, Illustration536 2006-03-20 19 Passengers face crowd nightmare at embarkation, meals, activities AFP [MIAMI BEACH, Florida] A trend towards building ever bigger cruise ships, such as a 3,600-passenger vessel to be launched in June, has some industry experts wondering whether it might be too muchAFP; AP - 536 words
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302 2006-03-20 19 Bloomberg [SYDNEY] Patrick Corp's proposed Asl42 million (*****.2 million) acquisition of FCL Interstate Services Pty will be investigated by Australia's antitrust regulator. Patrick, Australia's biggest port cargo handler, wants to buy closely held FCL to expand its land freight unit toBloomberg - 302 words
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PORT SHOTS
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89 2006-03-20 19 AFP [SEOUL] Eight crew were missing yesterday after a South Korean fishing boat sank off the country's south-eastern coast, police said. Patrol ships backed by a helicopter were searching for the 51 -tonne boat with its skipper and seven other sailors off Pohang,AFP - 89 words
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100 2006-03-20 19 Xinhua [RIO DE JANEIRO] Brazil will rebuild 11 major ports to serve as channels for 93 per cent of its overseas exports, President Luis Inacio Lula da Silva told reporters on Friday during his visit to a port city. Mr Lula unveiled theXinhua - 100 words
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73 2006-03-20 19 Reuters [CAIRO] Egyptian authorities have agreed to lift immunity from the owner of the Al Salam 98 ferry, which sank in the Red Sea last month with the loss of more than 1,000 people, the state news agency Mena said on Saturday. Ferry ownerReuters - 73 words
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Article, Illustration439 2006-03-20 19 AP [WASHINGTON] Two US warships opened fire on suspected pirates in a small boat in the Indian Ocean off the coast of Somalia on Saturday when the pirates brandished shoulder-fired rocket launchers at the two ships as they approached, the USAP - 439 words
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399 2006-03-20 19 Bloomberg [SINGAPORE] John Fredriksen, who controls the world's largest oil tanker fleet, has sold 22 rig-supply ships to Norway's Deep Sea Supply ASA for US$394 million and will buy a stake in the company to profit from offshore exploration by energy companies. TheBloomberg - 399 words
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Page 19 Advertisements
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Advertisement1134 2006-03-20 19 >AT^ NOTICES Toll free 1800-289-8822 Email: com.sg ADVANCED INTEGRATED MANUFACTURING CORP. LTD. ACRA Registration Number: *****5216 C (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Second Annual General Meeting of the Company will be held at Keppel Club, Bukit Chermin Road,1,134 words
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Article10900 2006-03-20 20 STRAITS TIMES INDEX STOCKS Stock nam Wt Ocm a«fi Stsd[na»M Wt Oom Ckang* Stodt mim W1 0o ttwee Allyeen50c 0 33 1490 .0.070 HyfluxSc 0l45 2.930 *0030 STEnqglOc 1.92 3120 Ascendasreit V03 2.060 JMHU525<400 3 19 18.000 -0400 STAT5Q* 2Sc 1.01 1,210 -00*0 Blltntl US20c 044 1.520 «001010,900 words
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Article6007 2006-03-20 21 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In local cwr la SS in USS dy X dy %yt dy Xyr Mat 17 IndaK Q-.ngg C»i«nq« Change Clang? Change Change The World inden Preliminary 1021.4 03 53 03 3S 03 64 I EAFl PwOminary 1033.1 04 63 OS 5j6 OS 156,007 words
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Page 22 Advertisements
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Advertisement987 2006-03-20 22 X CKe NVK GROUP SOUTH ASIA PTE LTD RNTKu« rarsK LINE Fax: 6292 2856 (Regional sales) 6239 7109 (OPS)/ 6299 5785 (Documentation) NIPPON YUSEN KAISHA TOKYO SD»AKU KASHA. HO. (C/R NO: **********0E) UK CONTINENT SERVICE U.S.A SERVICE Destination Destination ERIKOUSA RDM/ATW/BMN/TLB/NAN HANJIN HOUSTON VCB/VCW/LAX/MZL Loads Singapore, E./W. Malaysia, Indonesia Loads987 words
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Advertisement904 2006-03-20 24 mHoi-dana (Asia) Pte Lid !ST' NORTH WEST EXPRESS LINE MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS DATES ARE ARRIVAL DATS I VESSEL VOY I Sleoapore FreaHMtle I Cocos IsLd |Chri«fq» lsk»d Jakarta Cktsfoi l»M Peifr taidtoro I IW2 I S2M UJta lllta J I ZUta iMJarn 1K93 MM Me iIM904 words
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Advertisement395 2006-03-20 24 BSA 4 MYANMA nR FIVE STAR UNE (MyaßMor Notional Um) loading for Yangon VESSEL VOY SM PKI PEN PGU CHM SHWE HAW WW SID PAGAN 349W SID IN MALAYSIA: lOUSTEAD SHIPPING AGENCIES RUi/PKL: 03-300St3M PEN: 04-*****1S ACCEPTINB CONVENTIONAL CBO VESS& VOY HKG SW KL KOITMITUSW TWU SUMY HEART IS 91395 words
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THE BUSINESS TIMES SHIPPING TIMES
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6396 2006-03-20 25 This ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone S*. Oest'n Name Name Maaber Number SIN Dcsfn Name Nam* Namber Nnber 08/04 30/04 Kyowa TS SHANGHAI 605N *****233 To ABIDJAN (ABJ) 2003 Cote D'lvoire ham 30/04 Eurasia P KOTA WISATA6,396 words
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BizIT
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Article, Illustration803 2006-03-20 26 AMIT ROY CHOUDHURY - Experience in other mega contracts will be useful, HP's Ann Livermore tells AMIT ROY CHOUDHURY AMIT ROY CHOUDHURY HewlettPACKARD is confident that its rich portfolio of services, solutions and hardware will prove to be of great advantage if it winsARTHUR LEE - 803 words
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340 2006-03-20 26 AMIT ROY CHOUDHURY - By AMIT ROY CHOUDHURY THE implementation of some of the latest technologies will be done by companies in Asia, according to top Hewlett-Packard executive Ann Livermore. Ms Livermore, executive vice-president of HP's Technology Solutions Group, told BizlT that since most companies in340 words
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Article, Illustration389 2006-03-20 27 WINSTON CHAI - Only 12% of small businesses here have full-time IT personnel By WINSTON CHAI BEEFING up IT defences is now the top priority among small and medium-sized businesses (SMBs) here as they realise that their existing security investments may be insufficient,389 words
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Article, Illustration326 2006-03-20 27 AP [PARIS] Apple Computer Inc faces a serious challenge in France, where lawmakers have moved to sever the umbilical cord between its iPod player and iTunes online music store threatening its lucrative hold on both markets. Amendments to an online copyright bill, adoptedAP - 326 words
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189 2006-03-20 27 Xinhua [BEIJING] China will produce 98 million desktop and laptop computers in 2006, 58 million of which will be for export, the Ministry of Information Industry forecasts. Chinese computer producers have tried to manufacture products that cater to different tastes of consumers, saidXinhua - 189 words
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501 2006-03-20 27 Techniques used by hackers now are far more potent AP [WASHINGTON] The Internet's primary oversight body will consider defensive measures against a new variety of powerful electronic attacks that could overwhelm websites and disrupt e-mails by exploiting the computers that help manageAP - 501 words
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<what's up>
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Article59 2006-03-20 27 IT SERVICES provider Unisys has appointed Randel Cohn as its regional sales director of global outsourcing infrastructure services for South Asia. Based in Singapore, he will spearhead the firm's outsourcing initiatives across markets like Malaysia, Thailand, India, the Philippines and Vietnam. Mr Cohn was previously59 words
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Article, Illustration69 2006-03-20 27 MICROSOFT has appointed Saranjit Singh as solutions director and Vincent Sim as marketing director for its communications sector business in Asia-Pacific and Japan. Prior to joining Microsoft, Mr Singh was the principal solutions sales lead for Oracle Corporation in the communications, media and utilities sector.69 words
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Article96 2006-03-20 27 THE National Infocomm Competency Centre (NICC) is urging IT professionals to obtain certifications by the end of June as part of its Certification Olympiad 2006. NICC, a local body tasked to promote and facilitate infocomm certifications, has garnered the support of major vendors like Check Point,96 words
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Article53 2006-03-20 27 WINSTON CHAI - Compiled by WINSTON CHAI FUJI Xerox will conduct a series of workshops on March 22-23 as part of its "Docuguru Show". To be held at the Meritus Mandarin, these sessions are tailored to suit different vertical industries like construction and retail. To register, send a53 words
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428 2006-03-20 27 AP [SAN JOSE] As expected, hackers have found a way to run Microsoft Corp's Windows XP operating system on new Macintosh computers, winning an ad hoc contest and a U5513,854 cash prize* to boot. Or, make that dual-boot the way to makeAP - 428 words
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<what's new>
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Article, Illustration76 2006-03-20 28 IOMEGA has unveiled the Rev Loader 280, a product to address the data backup and archival needs of smaller businesses. Using removable 35GB Rev disks, the product provides users with up to 280GB of combined storage. Measuring 17x13cm in size, the Rev Loader 280 connects to76 words
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Article, Illustration79 2006-03-20 28 KODAK has launched the Easyshare Z650, a 6.1 megapixel digital camera with 1 Ox optical zoom. Besides allowing users to capture objects from afar, the product also includes built-in editing features like auto red-eye reduction, blurry picture alerts and auto picture rotation. It features79 words
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Article100 2006-03-20 28 ACRONIS has introduced True Image 9.0 Home, a consumer version of its advanced disk imaging, backup and disaster recovery software. The new offering provides the additional option of backing up individual files and folders in addition to its complete system backup capabilities. It also features a100 words
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Article, Illustration90 2006-03-20 28 FUJITSU Asia has unveiled a new biometric authentication deviee based on palm vein recognition technology. Called Palm Secure, the product emits infra-red rays which allow it to capture an image of a user's vein patterns for access to a computer network or physical location. This mode90 words
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Article101 2006-03-20 28 HOMEGROWN multimedia products maker Qool Labs has taken the wraps off a new range of speakers for mobile devices such as phones and personal digital assistants. The Xensaxion X 22 is designed for Motorola's Rokr handset, while the Xensaxion XIO will work with PDA phones101 words
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76 2006-03-20 28 WINSTON CHAI - Compiled by WINSTON CHAI CIPHERTRUST has announced a free, easy-to-use software plug-in for e-mail clients promising the ability to thwart spam, phishing and fraud attempts. Called Trusted Source Toolbar, the program brings monitoring, alerting and reporting capabilities to the desktop, and provides end users with76 words
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Article, Illustration836 2006-03-20 28 ROBIN SEOW - <cool stuff> The Media Centre PC has revolutionised my living room and transformed the way my family and I experience digital living, says ROBIN SEOW ROBIN SEOW OVER the past five years, the average home PC has changed dramatically. The beige box which836 words
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Article, Illustration523 2006-03-20 29 ROLAND LIM - There'll be no single do-all device: Microsoft chief technical officer Reports by ROLAND LIM MENTION convergence and many envision squeezing a multitude of functions into a single do-all device. However, Microsoft chief technical officer Craig Mundie has a slightly different take on this. "IARTHUR LEE - 523 words
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306 2006-03-20 29 IN Singapore last week as one of the members of Singapore's Infocomm International Advisory Panel (lAP) advising the government on its infocomm plans, Craig Mundie stressed that speed is of the essence for Singapore to stay ahead of the pack. "If you adopt the306 words
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Article938 2006-03-20 29 ALLEN MA - <you say> Protecting data networks now more vital By ALLEN MA THE telecoms security industry faces a battle for control. Those taking advantage of the digital networked economy in order to enhance prosperity are encountering increasingly sophisticated opposition from those who want to damage them938 words
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Advertisement126 2006-03-20 26 w An integrated suite of communication and collaboration solutions by 1 -Net Compete successfully in today's challenging business conditions. Enable more efficient ways for knowledge workers to communicate and collaborate. Move beyond the capabilities of basic email and enable your people with the power of uninterrupted collaboration to stay relevant.126 words
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Advertisement102 2006-03-20 26 FOCUS Getting started on IT governance. PG 30 Trusted ePlatform Services Advantech Solution Day Offers Full-Spectrum Industrial Computing Solutions Bn bedded Applied Computing nd im eAutomation •Automation Embedded Computing Seminar, Showcase Match Making for Solution Integrators Advanced Embedded Features Make Your ARK Makes Your Solutions Easier Faster Applied Computing Medical102 words
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Advertisement250 2006-03-20 27 h h h b m Get up to speed even before you step into the office. Read oil the latest financial news, insights and 111 MMm analyses in the comfort of your home. Invest in a 12-month subscription of The Business limes at 111 111 1% 111 fl I I250 words
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Advertisement54 2006-03-20 28 V < ip- vj %HMRi** ,ir J p f,"' p IJ :1 IN THE WORLD W WjSZTZ. v I, Superior performance and excellent reliability. I FUJITSU ASIA PTE LTD 20 Science Park Road #03-3? Tele Tech Park Singapore Science Park II Singapore *****4 Tel: (65) 6612 7431 6512 7555 Fax:54 words
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Advertisement157 2006-03-20 29 Dopod Enjoy Mobility J Dopod Slick performer. 11 111 Stylish choice. A seamless combination of aesthetic form and smartphone function, the Dopod 577W encases WiFi capability, dual language support (English Chinese) and Windows Mobile 5.0 in sleek, stylish sophistication. It's high tech couture in your pocket. Get more done on157 words
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BizIT FOCUS: MAKING IT WORK
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Article, Illustration878 2006-03-20 30 WINSTON CHAI - The new field attempts to put in place reporting, monitoring and evaluation processes for technology investments, writes WINSTON CHAI WINSTON CHAI AS technology continues to evolve at breakneck speed, companies today are still making IT investments in the hope of attaining operational efficiency, improving salesFILE PHOTO - 878 words
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Article, Illustration458 2006-03-20 30 ADOPTING a model like Cobit may help organisations gauge the value of technology purchases but this is just a starting point in the march towards better IT governance, says Ho Wah Lee, director of risk advisory services at KPMG. According to Mr Ho, such frameworks areTHE NEW PAPER - 458 words
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Advertisement153 2006-03-20 30 I ■I■■ If up H results from today's IB the ■HV new SOA/Web H W Bl Hi HBH why leaders rely on Mercury to governance and optimize the quality, performance, and BB HL H H ll™ II Bm I the Fortune use Mercury to ■v I I■■ H performance to153 words
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Advertisement12 2006-03-20 30 This weekly series is brought to you by MERCURY" BUSINESS TECHNOLOGY OPTIMIZATION12 words
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