The Business Times, 10 July 2006
This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.
2006-07-10
1
28
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section15 2006-07-10 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asial.com.sg MICA (P) 099/03/2006 Monday, July 10,200615 words
-
643 2006-07-10 1 ANTHONY ROWLEY - Central bank likely to raise rates by modest amount By ANTHONY ROWLEY in Tokyo AFTER six years of near zero official interest rates, the Bank of Japan is expected to take a "historic" decision this week to raise its overnight call lending643 words
-
Article135 2006-07-10 1 MARKETS Week Chge STI .2445.13. +9.74 KLSECOMP 925.56 +10.87 NIKKEI 225 *****.61 -197.57 HANG SENG *****.78 ....+192.16 SET INDEX 686.11 +7.98 JAKARTA COMP ...1347.91 +37.65 MANILA COMP ...2258.03 +79.24 TAIPEI TAIEX 6660.61 -43.80 SEOUL COMP 1273.93 -21.22 SHENZHEN B 292.91 +4.49 AUST ALL ORD 5096.50 +62.50 DOW JONES135 words
-
Article, Illustration951 2006-07-10 1 MELISSA LWEE, MELISSA LOH - Two companies unveil metal refinery plans; a third considers expansion as prices soar By MELISSA LWEE, MELISSA LOH [SINGAPORE] The Republic is emerging as a mineral refinery centre, which includes a little-known gold refinery, although the is land has little precious metal deposits. AlthoughFILE PHOTO - 951 words
-
Page 1 Advertisements
-
Advertisement12 2006-07-10 1 BizfT New \WP offerings all talk and no service page 26 812 words
-
Advertisement38 2006-07-10 1 ISRSI INVESTORS' FORUM Art as an investment > > v> BT ONLINE BT print subscribers get free access to the Business Times Online. To activate your account, log on to http://business-times.asia1 .com.sg. For more information, e-mail btocs@sph.com.sg or call 6388-3838.38 words
-
Advertisement114 2006-07-10 1 MERGERS AND ACQUISITIONS Stocks of purchase targets fall below offer price page 4 <WBrZ x..'^TlE J ,jy|dß OHHH i,■ IHHHfIHHfIHHHfIH At Rabobank, we don't try to be all things to all AAA rating from Standard Poor's and Moody's people. Instead, we are a niche knowledge-based €506 billion in assets bank.114 words
-
Advertisement33 2006-07-10 1 DmiNGOOT VIEWS FROM THE TOP Changi Airport TTie next lap What can Changi Airport do to maintain its best airport status over its second 25 years? CEOs share their views 4T H I33 words
-
-
TOP STORIES
-
1008 2006-07-10 2 ANDREW MARKS - WALL STREET INSIGHT June's employment report surprisingly weak; wage growth surprisingly strong By ANDREW MARKS in New York DID somebody say "Stagflation?" Whispers of the dreaded phenomenon, which combines slow or no economic growth with high inflation, have been heard for nearly1,008 words
-
Article, Illustration488 2006-07-10 2 Bernama [JOHOR BARU] Foreign investors are not restricted from acquiring'minority interest in Malaysian listed companies because that does not change the control and management of the firms, Public Accounts Committee (PAC) chairman Shahrir Abdul Samad said yesterday. He said the country could not prevent suchBernama; NSTP - 488 words
-
Article526 2006-07-10 2 Tender for Jurong Island cavern project soon CONSTRUCTION work for the first phase of a $1 billion underground oil cavern at Jurong Island looks set to begin by year-end as the tender for design and construction of the mega project is expected to be called this quarter. Tankfarm526 words
-
Article, Illustration511 2006-07-10 2 KALPANA RASHIWALA - By KALPANA RASHIWALA [SINGAPORE] Gillman Heights Condo's collective sale is expected to be launched by tender later this month, BT understands. At 836,425 sq ft, it will the biggest residential site in terms of land area in Singapore to be put on theFILE PHOTO - 511 words
-
Article, Illustration544 2006-07-10 3 RONNIE LIM - Royal Vopak in talks to help JTC run underground facility By RONNIE LIM [SINGAPORE] The tender for engineering design and construction of the first phase of a $1 billion underground oil storage cavern beneath Jurong Island is expected to be called soon, with544 words
-
Article, Illustration553 2006-07-10 3 MATTHEW PHAN - 2006 inaugural meeting to feature world class thinkers By MATTHEW PHAN [SINGAPORE] Singapore is launching an annual conference on financial markets to match the likes of Davos, the meeting of the World Economic Forum held in Switzerland every year. The inaugural Raffles Forum 2006FILE PHOTOS; BLOOMBERG - 553 words
-
388 2006-07-10 3 WONG WEI KONG - By WONG WEI KONG [SINGAPORE] The longrunning case over Deutsche Bank's sale of shares in Indonesia's biggest coal mine will resume today in the Singapore High Court, with the bank expected to present its defence. Singapore-registered Beckkett Pte Ltd is suing Deutsche388 words
-
-
Page 2 Advertisements
-
Advertisement14 2006-07-10 2 noonle Hunting season H H has begun (Target: Private Bankers) www.thepeopleatworK.coni Asia-Pacific Executive Search14 words
-
-
Page 3 Advertisements
-
Advertisement8 2006-07-10 3 H*» °°000 warn For ?115 -i-«, f jp^^^HHHijjl^^^^BiHiMiiliiliilllllliHiililHiiilliHliifi^^8 words
-
Advertisement23 2006-07-10 3 Want the best deal? Invite tenders. Call 1800 289 8822 or email notices@sph.com.sg to book your tender notice in our newspapers now. notices23 words
-
-
COMPANY NEWS
-
633 2006-07-10 4 OH BOON PING - MERGERS AND ACQUISITIONS Investors who want to offload have incentive to accept general offers By OH BOON PING ACQUISITION bids may now find higher acceptances, following the recent market correction, which saw a number of stocks of purchase targets fall below their633 words
-
Article, Illustration289 2006-07-10 4 OH BOON PING - By OH BOON PING PACIFIC Internet (PacNet) has defended its board of directors after Mediaßing Ltd, which is seeking to take over the company, raised doubts about their independence. Yesterday, the Nasdaqlisted company said that it was responding to a statement made by Mediaßing that289 words
-
Article, Illustration107 2006-07-10 4 Some 200 customers and staff from OCBC Bank's group transaction banking department discovered that no one was too dressed down for the bank's Slumber Party held at dbl 0 at Robertson Walk last Friday. Business attire was ditchedfor pyjamas as many came decked out in all kinds of sleepwear,107 words
-
672 2006-07-10 4 SIOW LI SEN - HOCK LOCK SIEW By SIOW LI SEN CAPITAL reduction and share buybacks, which have proliferated of late, are coming under increasing scrutiny as shareholders question the true beneficiaries of such exercises. Disgruntled shareholders say it is the management who work out the mechanics of672 words
-
256 2006-07-10 4 AZTECH Systems Ltd has clinched a US$4O million contract for the provision of its digital enhanced cordless telephones (DECT) over a period of two years. The contract was awarded by Binatone Electronics International, which is engaged in the design, manufacture and marketing of corded256 words
-
Article, Illustration476 2006-07-10 4 JEAN CHUA - By JEAN CHUA FOB a company that produces products from soybeans, Pine Agritech is doing very well. Shares of the Shandong-based Pine is up 258 per cent this year, and closed $2.70 on Friday, up from its IPO price of 57.5 centsFILE PHOTO - 476 words
-
-
Page 4 Advertisements
-
Advertisement24 2006-07-10 4 Want the best price? Hold an auction. Call 1800 289 8822 or email notiees@sph.eom.sg to book your auction notice in our newspapers now. notices24 words
-
-
SINGAPORE MARKETS
-
Article, Illustration681 2006-07-10 5 R SIVANITHY - STOCKS R SIVANITHY Senior Correspondent IN A special report on global asset allocations last Friday, BCA Research examined its model and concluded that "one does not want to become more bearish on stocks, but it may also be too early to be an aggressive681 words
-
Article492 2006-07-10 5 *f1 <1 >M*( ri» b Ml My tad—Kn—dgw —teb m. <w £ms 6*l MmtMoAlB f JJ1 IStoi IN M— uMdto I M m CftAm tite Aun.Mjr.3Knp Mt tit 2»Ml CBM 03 Amj IP tig tm Wd iilm AVMnwgi SM «tog 1V*g MTQtop F UD_ g-M <>*■ 1VA* *wphi492 words
-
462 2006-07-10 5 CURRENCIES AFP [HONG KONG] Asian currencies largely shrugged off jitters following North Korea's missile launch last week, with generally bullish markets focusing on the prospect of a European Central Bank lending rate rise. Japanese yen: The yen bounced back against theAFP - 462 words
-
381 2006-07-10 5 COMMODITIES AFP [LONDON] Most commodities, led by crude oil, rallied last week as investors returned to the market amid expectations that the US Federal Reserve could soon end its policy of hiking interest rates. Crude oil futures raced to record high pointsAFP - 381 words
-
Article, Illustration1810 2006-07-10 5 Consensus No.of Forecast Mean Frfs Consensus No.of Forecast Moan Fffs recommendation esti- EPS PE target price recommendation esti- EPS PE target price Company name This writ Last rnth mates (cents) (ratio) price Company name This wk Last mth mates (cents) (ratio) price Advanced Holdings 1.00 1.00 3 5.981,810 words
-
Article, Illustration1392 2006-07-10 6 TEH HOOI LING - TEH HOOI LING Senior Correspondent There was a rather strong recovery for Singapore stocks particularly in the second-tier market with most of our portfolios posting solid gains. In fact, it was the surge in price of a particular stock in each of the portfolios which lifted1,392 words
-
Article, Illustration1400 2006-07-10 6 ROBERT HALILI - INSIDE MARKETS OSIM transaction boosts buy value to nearly double the past 12 weeks' average of $27.4 million, notes ROBERT HALILI ROBERT HALILI THE buying by directors and substantial shareholders rebounded sharply last week, with 23 firms that recorded 50 acquisitions worth1,400 words
-
-
SINGAPORE NEWS
-
Article, Illustration796 2006-07-10 7 MICHELLE QUAH - International directors should be considered, says leadership guru By MICHELLE QUAH SINGAPORE companies need to break the habit of only considering CEOs and government officials as the ideal candidates to their boards if they hope to boost the talent pool of good directors here796 words
-
415 2006-07-10 7 CONRAD TAN - By CONRAD TAN THE Singapore Armed Forces (SAF) is to let go of up to 250 personnel over the next three years, as part of its long term push to make greater use of mili- tary technology and rely less on manpower.415 words
-
Article130 2006-07-10 7 DATE/ TIME EVENT VENUE 10-12 Jul Seminar on Drug Delivery Marriot Hotel 8.00am Licensing 11 Jul ISEAS Seminar on Reform ISEAS Seminar Room 3.00pm of the TNI II, 30 Heng Mui Keng Terrace, Pasir Panjang 12-13 Jul ICSC Asia Expo 2006 Suntec International 9.00am Exhibition Centre, Level 6,130 words
-
Article, Illustration498 2006-07-10 7 MELISSA LOH - By MELISSA LOH DELEGATES coming to Singapore for the major IMFWorld Bank meeting in September won't face any difficulty in printing lastminute documents or finding paper, thanks to the partnership between document company Fuji Xerox and Singapore 2006. The Singapore arm of the Japanese498 words
-
-
Page 7 Advertisements
-
Advertisement343 2006-07-10 7 SINUS SID Unwmity K*portlß| W IV o* Wn»por« Centre SINGAPORE INSTITUTE OF DIRECTORS 2006 NUS-SID Conference Transforming Your Board Thursday 20 July 2006 8.30 a.m. 5.30 p.m. The Grand Ballroom The Ritz-Carlton Millenia Opening Address Mrs Lim Hwee Hllft Minister of State for Finance and for Transport Welcome Address Mr343 words
-
-
VIEWS FROM THE TOP
-
Article, Illustration4098 2006-07-10 8 THIS WEEK'S TOPIC What do you like about Changi Airport and what can it do to maintain its best airport status over its second 25 years. CHANGI Airport is 25 years old. Congratulations to its founders, its management and all who work there, who make4,098 words
-
-
Page 8 Advertisements
-
Advertisement70 2006-07-10 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 e-mail. Each week, we will invite comments from these top executives70 words
-
-
DINING OUT
-
Article, Illustration1324 2006-07-10 10 NEW RESTAURANT House off Hunan #03-09/10 Novena Square. Tel: 6733-7667 AFTER a bit of a lull in Tung Lok's dining activities in Singapore (concentrating more on its overseas operations), the restaurant group is whetting new appetites with spicy flavours at its brand new House of1,324 words
-
-
Page 10 Advertisements
-
Advertisement236 2006-07-10 10 Passions stirred f/v. Jv*llb senses soared tf&7 Temptations unleashed Svlwi Satisfaction <OVm 311 a^er B^ ow u>.. f Y My Humble House Soul i Exquisite Dim Sum, jHi Lunch Dinner en us Reservations: 6423 1881 jX **yJ- i- M> U JjfalZj >A;.: S ''om MY -HUMBLE -HOUSE Cuisine: Contemporary Chinese236 words
-
-
BT-CITIBANK YOUNG INVESTORS' FORUM
-
Article, Illustration1116 2006-07-10 11 SWATI CHAUDHARY - Art has become an attractive investment option, with young professionals entering the market. But investors should bear in mind the risks as, unlike stocks, art is not highly liquid, reports SWATI CHAUDHARY SWATI CHAUDHARY IN an auction in London earlier this year that featured Impressionist and Modern1,116 words
-
Article, Illustration880 2006-07-10 11 JENNANI DURAI - CAMPUS LIFE By JENNANI DURAI REUBEN Ng seems to keep making history. Last year, he was the first Singaporean to be selected for the World Smart Leadership Programme, a semester-long educational tour of 18 cities around the world. And just last month, he made history againYEN MENG JIIN - 880 words
-
-
Page 11 Advertisements
-
Advertisement251 2006-07-10 11 Be smart with your finances FANCY becoming the next Warren Buffett or George Soros? Or even the famous Robert Kiyosaki? Then read on. The Young Investors' Forum, part of the BT-Citibank Tertiary Outreach Programme, isn't another dry page out of your financial textbook. To complement our editorial content, we have251 words
-
-
ECONOMY WATCH
-
855 2006-07-10 12 But spending has climbed sharply on Iraq war and hurricane relief NYT [WASHINGTON] An unexpectedly steep rise in tax revenues from corporations and the wealthy is driving down the US budget deficit this year, even though spending has climbedNYT - 855 words
-
257 2006-07-10 12 AP [SEOUL] South Korea's government has vowed stern measures if violence breaks out at expected street demonstrations this week against free trade talks with the United States. "If the negotiations don't proceed normally because of violent demonstrations, it is expected to dealAP - 257 words
-
417 2006-07-10 12 Reuters [WASHINGTON] The US wants the International Monetary Fund's (IMF) voting structure to be overhauled to reflect the current weight of each of its 184 member countries in the global economy. "The IMF's governance structure should ensure that every member has a voice,Reuters - 417 words
-
Article, Illustration645 2006-07-10 12 AFP Reuters [WASHINGTON! The United States will modify its offer on agriculture to break a deadlock and get a comprehensive WTO trade deal if other countries reciprocate, US Trade Representative Susan Schwab said on Friday. Speaking a week afterAFP; Reuters; AP - 645 words
-
780 2006-07-10 12 Reuters [MOSCOW] The United States has blasted Russia for using its energy clout to intimidate its neighbours, but at the G8 summit the two will jointly promote nuclear energy as a safe alternative to costly hydrocarbons. President Vladimir Putin will meet USReuters - 780 words
-
433 2006-07-10 12 Reuters [WASHINGTON] Legislation to tighten rules on foreign investment in the United States has slowed in Congress, facing questions from lawmakers and a White House that is cool to the idea. Another hearing was scheduled for this week on the HouseReuters - 433 words
-
-
MALAYSIA
-
Article, Illustration529 2006-07-10 13 S JAYASANKARAN - MALAYSIA INSIGHT S JAYASANKARAN KL Correspondent HE recent revelations by businessman Tajudin Ramli may have the potential to damage former premier Mahathir Mohamad, but don't expect him to back off any time soon in his seemingly unending spat with Prime Minister Abdullah Ahmad Badawi. And, going529 words
-
BRIEFLY ASIA
-
54 2006-07-10 13 Reuters [SHANGHAI] China will provide preferential loans to small and medium-sized Taiwanese enterprises on the mainland to help them develop their business, official media said on Saturday. The loans are part of a series of concessions offered by Beijing, including visits by ChineseReuters - 54 words
-
Article67 2006-07-10 13 AP [HONG KONG] A court has found two former executives of Skyworth Digital Holdings, one of China's largest television makers, guilty of conspiring to steal millions of dollars in company funds, Hong Kong's anti-graft body said. The court found Stephen Wong, founder of Skyworth, and hisAP - 67 words
-
66 2006-07-10 13 Reuters [DHAKA] Bangladesh's industries minister said yesterday an election due in January made it difficult to accept a US$3 billion investment proposal by Indian conglomerate Tata, even though the deal would be good for the country. Tata has proposed building a steel plant, ureaReuters - 66 words
-
48 2006-07-10 13 Bloomberg [JAKARTA] Nissan Motor Co aims to boost sales in Indonesia fivefold next year to 90,000 units, helped by the sale of a new model, the Livina Geniss. It will start selling tiie Livina by the first half of next year.Bloomberg - 48 words
-
-
384 2006-07-10 13 It will allow Nova Scotia to expand its earnings in M'sia AP AFP [KUALA LUMPUR] Malaysia's Employees Provident Fund (EPF) is expected to team up with Bank of Nova Scotia Bhd, part of the Canadian Scotiabank group, to buy aAP; AFP - 384 words
-
-
Page 13 Advertisements
-
Advertisement1326 2006-07-10 13 :*AT3 NOTICES Toll free: 1800-289-8822 Email, notices'«sph.com sg BU' t-sell it c.nd .t IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 ASIAN-AMERICAN MERCHANT BANK UNITED (Company Registration No. **********) MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company convened and held at 9 Raffles Place #15-00 Republic1,326 words
-
Advertisement1074 2006-07-10 13 Notice of Annual General Meeting rowslky ROWSLEY LTD. OixwpOTMlntheßcpubfecrfSOTgapoftjtomptiTyßcyttraOonhta. *****t381D NOTICE IS HEREBY GIVEN that the Sixth Annual General Meeting of the Company will be held at 87, Science Parte Drive, Science Parte 1, Science Hub, Level 4 (Ayer Rajah Room), Singapore *****0 on Tuesday, 25 July 2006 at 2XX)1,074 words
-
-
GREATER CHINA
-
Article, Illustration787 2006-07-10 14 JEREMY HUREWITZ - CHINA INSIGHT Territory bets on the successful Las Vegas recipe of top quality entertainment and facilities JEREMY HUREWITZ THE no-smoking policy of the Pearl Room at the new Sands Casino in Macau may not seem like such a revolutionary concept. But when you consider that the787 words
-
Article, Illustration486 2006-07-10 14 [BRUSSELS] The European Union should recognise China as a market economy, said Yu Guangzhou, China's Vice-Minister for Commerce, a move that would make it easier for the Asian nation to defend itself against anti-dumping actions. The EU decided this year toBLOOMBERG - 486 words
-
Article2980 2006-07-10 14 Transaction date: Jul 7 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 HONG KONG v* p^Gene i" KKS -goo Denway Motors 2.70 0.08 ***** Digital China .2.28 -0.03 1069 Aeon Credit 5.70 -0.30 530 Dream2,980 words
-
309 2006-07-10 14 AFP [TAlPEl] Taiwanese President Chen Shui-bian's wife is expected to be questioned by investigators before the end of this month in connection with a highprofile corruption scandal that has embroiled his family, media reports said yesterday. The scandal flared anew last week when HuangAFP - 309 words
-
353 2006-07-10 14 Reuters [QINGDAO] Microchip giant Texas Instruments (TI) said its China chip revenue is likely to increase by more than 20 per cent this year as it gains a larger share in the country's fast-growing semiconductor market. "In the past fewReuters - 353 words
-
228 2006-07-10 14 AFP {HONG KONG] Environmentalists hope to turn off the lights of Hong Kong's dazzling skyline in a protest aimed atteßing the world about the city's rapidly worsening air pollution, organisers said yesterday. Organisers of Lights Out Hong Kong are urging residents andAFP - 228 words
-
-
INDIA
-
680 2006-07-10 15 Many use market correction to offset languishing yen investments Reuters [TOKYO] The Mumbai market's recent sell-off led many foreign funds to flee to less volatile markets, draining India of more than US$l.6 billion in May, but Japanese small investors grabbed shares as others ranReuters - 680 words
-
340 2006-07-10 15 AFP [COLOMBO] Sri Lanka has set a 30-day deadline for the local unit of Indian Oil to resume gasoline sales or risk being taken over by the government, a state-run newspaper reported yesterday. The Lanka-Indian Oil Company, LIOC, which controlsAFP - 340 words
-
Article, Illustration274 2006-07-10 15 AFP [BHUBANESHWAR, India] India yesterday successfully carried out its first test of a nuclear-capable ballistic missile with a range of 4,000 kilometres, defence officials said. The Agni-111 missile was launched from Wheeler Island, 180 kilometres northeast of Bhubaneshwar in the eastern state of Orissa,AFP; REUTERS - 274 words
-
Article, Illustration746 2006-07-10 15 SIDDHARTH SRIVASTAVA - By SIDDHARTH SRIVASTAVA in New Delhi HE may be referred to as a joker-politician, but India's Railway Minister Lalu Prasad Yadav also packs a lot of business sense. At least, some of the top management institutes such as Harvard Business School, HECBLOOMBERG - 746 words
-
238 2006-07-10 15 AP [COLOMBO] The Sri Lankan government has decided to allow India and China to explore for oil along its coast, a news report said last Saturday. India and China will be allowed to explore two of the six blocksAP - 238 words
-
-
Page 15 Advertisements
-
Advertisement959 2006-07-10 15 >ATci NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTBt Of MENGIEONG PROPERTIES PTE LTD (REG NO. *****2636W) (IN MEMBERS' VOLUNTARY LIQUIDATION) Extract of the Minutes of on Extraordinary General Meeting H*ld at 7500 A Beach Road #06-313/314/3)5 The Plaza, Singapore *****1 on the 6th959 words
-
-
ASIA-PACIFIC/WORLD
-
572 2006-07-10 16 GEOPOLITICS S Korea voices scepticism over Tokyo's pressure for UN sanctions IHT [SEOUL] The Chinese proposal to defuse tension over North Korea's missile and nuclear weapons programmes gained momentum yesterday as a US envoy backed the idea and South Korea voicedIHT - 572 words
-
481 2006-07-10 16 Reuters AFP Bloomberg [TEHRAN] Iran said yesterday that European Union foreign policy chief Javier Solana was not able to answer all Iran's questions about proposals backed by six world powers that aim to end a nuclear standoff with the West. IranianReuters; AFP; Bloomberg - 481 words
-
270 2006-07-10 16 NYT [NEW YORK] After 17 interest rate increases from the Federal Reserve over the last two years, money managers are souring on many investments, including small-company stocks, emerging market equities and real estate. But investors have become more bullish on at least oneNYT - 270 words
-
396 2006-07-10 16 But such a deal may be unpopular with market: analyst Bloomberg [LONDON] Aviva pic, Britain's largest insurer, may buy AmerUs Group Co of the United States as growth in European life insurance sales slows. It would be the company's biggest takeover sinceBloomberg - 396 words
-
413 2006-07-10 16 LAT-WP [LOS ANGELES] A financial adviser for the Warner Music Group contacted major shareholders of EMI Group this week offering to increase its bid for the Lon-don-based company, but the two music rivals are no closer to striking a deal, according toLAT-WP - 413 words
-
Article, Illustration394 2006-07-10 16 Reuters AFP [STUTTGART] A 39-year-old Volkswagen Beetle that once belonged to Germany coach Juergen Klinsmann is on sale in a frenzied auction and has surpassed the price of another Volkswagen once owned by Pope Benedict sold a year ago. The blue 1967 VW convertibleReuters; AFP; REUTERS - 394 words
-
-
Page 16 Advertisements
-
Advertisement1208 2006-07-10 16 Jasper Investments Limited Incorporated in the Republic of Singapore Company Registration Number: *****0983H rOSPvI NOTICE OF ANNUAL GENERAL MEETING investments^ NOTICE IS HEREBY GIVEN that the 19th Annual General Meeting of the Company will be held at Room 1003, Level 10. One Marina Boulevard. Singapore *****9 on Wednesday. 26 July1,208 words
-
-
WORLD
-
Article, Illustration745 2006-07-10 17 CEO to lead talks as board turns down Kerkorian's push to set up committee NYT AP [DETROIT] Bowing to a request by its biggest shareholder, Kirk Kerkorian, the board of General Motors directed its chief executive, Rick Wagoner, on Friday to beginNYT; AP - 745 words
-
273 2006-07-10 17 Bloomberg {NEW YORK] Private-equity funds may raise a record US$3OO billion this year as investors pour money into firms such as Blackstone Group that can earn annual returns as much as three times those in public markets. Fund raising this year for leveraged buyouts,Bloomberg - 273 words
-
Article, Illustration339 2006-07-10 17 AP [LOS ANGELES] Move over Darth Vader. Captain Jack Sparrow is king for a day. Preliminary estimates released by Disney show that Pirates of the Caribbean: Dead Man's Chest earned U5555.5 million last Friday, which would set the record for the largest oneday takeAP; REUTERS - 339 words
-
Article433 2006-07-10 17 Disclosure changes in expected by end-July Reuters [WASHINGTON] The US Securities and Exchange Commission will issue by the end of the month new rules for companies to disclose executive compensation and accounting guidance for stock options granted to top officers, an SEC commissioner said.Reuters - 433 words
-
569 2006-07-10 17 Reuters [NEW YORK] A US judge last Friday weighed what he called a "vexing and remarkable question": what to do with US$l72 million owed to, but not claimed by, investors who suffered big losses from biased Wall Street stock research. At aReuters - 569 words
-
389 2006-07-10 17 Reuters [MILAN] Italian stock market operator Borsa Italiana is ready to study a joint offer with Deutsche Boerse for Euronext, which has already agreed a US$lO billion deal to merge with the NYSE, //Sole 24 Ore newspaper said. The plan would include theReuters - 389 words
-
-
AVIATION
-
Article, Illustration308 2006-07-10 18 New area head for Air France-KLM WITH the merger of Air France and KIM the group has for the first time appointed a general manager for Singapore, Indonesia, Australia and New Zealand for the combined entity Based in Singapore, Rrans Leenaars' appointment reflects the group's efforts towards synergisig and308 words
-
Article2094 2006-07-10 18 RJWTf CTA FU6OT OanpasarBaH SQ141 1145 SQ142 0935 11JC SQ143 1535 SQ146 1640 AbuDhabi 5Q455 1135 GAS40 1640 GA841 1755 Ad«Wd« LH9771 1750 LH9770 2345 V)id7 S0148 1900 SQ230 1750 5Q229 2345. oh4lu SQ435 0550 BG85 1910 Amsterdam L***** 0630 AZ3993 2255 BG84 1805 S0436 20302,094 words
-
Article, Illustration674 2006-07-10 18 Over 50 survive as Sibir plane bursts into flames after overshooting Irkutsk runway Reuters AFP [IRKUTSK] A Russian airliner crashed on landing and burst into flames in Siberia yesterday, killing at least 122 people and injuring more than 50, emergency officials said. Many of theReuters; AFP; AP - 674 words
-
331 2006-07-10 18 AP [KUALA LUMPUR] Malaysia Airlines said yesterday the government has given it the green light to offer discounts on domestit routes, setting the stage for a price war with budget carrier Air Asia. Under a revamp of domestic services thatAP - 331 words
-
265 2006-07-10 18 Bloomberg [HONG KONG] Korean Air Lines, the world's largest commercial airline cargo operator, said it withdrew from talks to form a cargo venture with China's Okay Airways and may pursue a tie-up with another carrier in the country instead. The twoBloomberg - 265 words
-
-
Page 18 Miscellaneous
-
Miscellaneous175 2006-07-10 18 CRYPTIC CROSSWORD 13 Sound system provided in Ha- ■■""j 30 Be feverish but take part in a heat? (3,1,11) black (5) Scampered, 11 Joiner, 12 Essential, 19 Travelling home (7) 13 Bogles, 17 Eve, 19 Definite artiOOWN 20 Support pivot on which lever de, 20 Ayr. 21 25 Usher--1 Dog175 words
-
-
SHIPPING
-
638 2006-07-10 19 It will send ships to Singapore for bunkering and maintenance By OUR CORRESPONDENT in Bangkok THORESEN Thai Agencies pic, one of Thailand's leading shipping companies, is planning to set up a subsidiary in Singapore to take advantage of tax perks offered by638 words
-
Article287 2006-07-10 19 SGX '000 Jul 7 S$ *1- Vol CH Offshore 0.35 -0.01 70 ChuanHup 0.34 0.01 455 Cosco Corporation 1.30 0.01 8120 CWT Distribution .0.61 0.02 36 Ezra Hldgs 2.23 -0.02 374 Freight Links 0.07 0.01 1274 Grand Banks Yacht 0.92 unch 10 Jaya Holdings 1.34 -0.01 473 K1287 words
-
237 2006-07-10 19 AFP [LONDON] British port operator P&O plans to return to the London stock market less than one year after it was taken over by Dubai Ports World, according to a report in The Sunday Times. The newspaper said that DP WorldAFP - 237 words
-
140 2006-07-10 19 Reuters [OSLO] Norwegian shipping group Stolt-Nielsen posted a smaller-than-expected rise in second-quarter operating profits, hit partly by legal costs, but said its main tanker market remained strong. Stolt-Nielsen, which specialises in chemical tanker shipping, said earnings before interest and tax rose to US$47 million inReuters - 140 words
-
369 2006-07-10 19 CRYSTAL NEO - TOTAL SUPPLY CHAIN SECURITY Speakers stress on human aspect in cutting risks By CRYSTAL NEO [SINGAPORE] While implementing supply chain security programmes, it is not always all about multiple hardware. Instead, go back to the basics as well, said Werner Krudewagen, director, sector sales,369 words
-
Article, Illustration358 2006-07-10 19 Reuters [MELBOURNE] Australia's Toll Holdings Ltd said cost savings from its A 56.3 billion (557.5 billion) acquisition of ports operator Patrick Corp Ltd would top its earlier forecasts and be delivered at a faster pace. Toll managing director Paul Little said yesterdayReuters; BLOOMBERG - 358 words
-
247 2006-07-10 19 AP AFP [HONG KONG] The decomposing bodies of three African men believed to be stowaways were found in a shipping container in Hong Kong, said police who believed they died after up to four weeks without food, water or clean air. TheAP; AFP - 247 words
-
-
Page 19 Advertisements
-
Advertisement36 2006-07-10 19 I Get a Leading Edge K Your sailing schedules get wider attention in The Business Times shipping pages J Call Bernard Ong at 631 9-1 645 or Michael Chng at 631 9-2062 THE BUSNESS TIMES shipping36 words
-
-
Article8170 2006-07-10 20 STRAITS TIMES INDEX STOCKS Ml Qom taf SMkMM m Q— Omig, SW«— W« AJkx«n5Cc 0l29 1.270 HyfluxSc 037 2350 *0-010 STEngglOc UH 2W0 £030_ 099 Two -0X110 JNHUS25<400 3-21 18COO <1300 STAT5Q»2Sc M? 1030 01 ■ILMIUS20C 042 T«0 *0490 JSMUS5CS00 2.27 IIjOOO -0400 i»wbCorp>nd2Sc 1*2 3340 CaoMUnd «58,170 words
-
Article5736 2006-07-10 21 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES la tec* carr toSS to IKS dy dy *d» %yr Joj 7 lmto» Ounf CSmga Omwb* Chanp* Om«9« Chang* WteMlndBPWlWMtt 9W5 OH 2-0 -0.1 -03 03 Si l SAft Pwfinwmy 9934 -01 2.1 0-2 3.1 06 89 inrpe Prettnmary 133t3 -03 3.4 005,736 words
-
Page 22 Advertisements
-
Advertisement1433 2006-07-10 22 UK CONTINENT SERVICE U.S.A SERVICE Destination Destination GO PRIDE RDM/A7W/BMNALB/NAN SEAFRIEND CAM/NFK/SAV/NCX AFRICAN UON RDM/ATW/BMN/TLB/NAN Uwdi Singapore. E./W. Malaysia, Indonwia _J E7W Malaria, ln<Wia 1 MIDDLE-EAST SERVICE F.EJS.E.A. SERVICE Destination BEL ANNA DBI/ABU/DOH/BRN/DMM/KWT Destination ASEAN EXPRESS DBI/ABU/DOH/BRN/DMM/KWT ORIENTAL RIVER INC/BSN PAN BRIGHT DBI/ABU/DOH/BRN/DMM/KWT WIN HONEY INC/BSN Loods Singapore. E./W. Molqysia.1,433 words
-
Advertisement580 2006-07-10 22 IINTVKASIA BOKO SmVICX vtssa/voT rmwti I mmm to km ia *t STUATR VEMTUtt 12/04 IS 3J OA/D7 09/07 13/07 U/07 11/07 STWIRWUKI3/04 IS 3.2 20/07 23/07 27/07 30/07 01/08 j STUtTS YBCTUK 14/04 IS j 3J 04/01 04/01 10/01 13/01 1V« VPSa/VOT UMfffT)" HBGHTWI tO JSW W STP MB A«580 words
-
-
Page 23 Advertisements
-
Advertisement997 2006-07-10 23 WAN HAI MTERNATIONAL PTE LTD at NOe 14M*****00/R V— TEL *****588 (14IMS) FAX:*****163 W\WAN HAI LINES IL— JOHII: (07) 251W23 HUb (*****W21 9BW: Wl) 32*5475 HI (Ml) WI7W/ 3H130S _.l-, *TM:)MI!SH41»HUt|B21)S»47IIMI«:71UI0/71i»l Ki7I4OT 1 www.wannai.tom.sg »BL(o6!His7ltm)L(o6))4iaWs/4I<HW w m m w w M -Jjß. H2 Hi ®5 ffi SSL. N147 07/U7 09/07997 words
-
Advertisement890 2006-07-10 23 |-*n EASTERN CAR LINER, LTD "Wmm i SPfQAUZE IN ROUP HEAVY UfT UPTO 450 TONS~~| nmu-Asu satvta vqy 1| m*i sw pgu raw wuw) I pwn 1 jkt lia mua sui kh mi LUHA AZIIL ~70 35 10 ~W7oT "W |3/D7 1— 14/07—i Z Maitm ~i~~r lijr ni76r WHITIMIZUHO 4890 words
-
Advertisement712 2006-07-10 23 <® asass.* WEEKLY EXPRESS &AIUNG SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICQ POINTS VISSB, I VOT I SW I PJOAMCICQIOWtO H WBVA COIOM4O WOWUMMIfIg POtt* MM OS JUL MJM 12JIU LLH ktl!3£££ roffß YfMD4I 01 AUG gg OtAU6 WAU6 13 AU6 KM NMUVU ALSO HCtSMK WIKOMN (11/7/0W I712 words
-
-
Page 24 Advertisements
-
Advertisement792 2006-07-10 24 M Nordana (Asia) Pie Lid E22SES 70 Shwrtw #21-03 Wrtw How Sh|MH" 07tHt NORTH WEST EXPRESS LINE MTKUfAHIWLMTB MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS M"* ""P IVESSB. VOY Slmmm* h—l<tl finMM 'klrtwyMTr' it6Q6 lfilizz lsi_ tt* AM Ug aFxafec, 1E607 H Aug 28 Quo 05 Sao 06 Sac UStp792 words
-
Advertisement524 2006-07-10 24 fuwu hwu jj/tr I |S> ff/»? ]j!fc •tor ||s imif ~~~Z IZ_=J=ZZZJ I uifHim l w iii/ii 1 jy/n n/ii i wi/m j YOY Ml POtT UANG OiTTACOUG -j! In ,<kfc l n mc MMusstt i&rhjiir ir%Aii%r ~u%r ij%r wS~ ifjfc if%r njfcr iipi aww~ —**y«)~ i—a*— W" >w«! PACPAUWAN524 words
-
Advertisement358 2006-07-10 24 CONVENTIONAL SERVKE COLOMBO/MUMBAI/KANDiA 14TH JULY DAMMAM, BANDAR ABBAS LOADING 17TH JULY Heavy Lift upto 200 lons Fife GLORY MVKATMM BflOUpl I SMd'lfTO I I OWNS A OPERATES THE YOUNGEST FLEET WITH FOURTEEN 7,000 DWT TWEEN DECKERS COVERING I THE ENTIRE ASIA PACIFIC PORTS I RfOULAR WfflttT SBtVKES: m KAOHSIUNO A358 words
-
-
THE BUSINESS TIMES SHIPPING TIMES
-
5908 2006-07-10 25 This ETA ETA Advwtlsw V«.I Voyage Tataphon. ETA ETA AdwrtiMr V«~l -M*- T £2~* SIM Dacfn Nmm Name Number Halm SIN Darfn Nmn Nmm Nunotr Numotr MHMNHMHMIMBSHHHMMNMMMHHMHMMHMMHMMHHMHMMMMMHM 25X17 02/08 Nordana PRINCESS MARY PM606B *****907 TO ABIDJAN (ABJ) 2003 Cote D'lvoire 06/08 14/06 PTDjakarta ANL5,908 words
-
-
BizIT
-
Article, Illustration848 2006-07-10 26 ROLAND LIM - Roll-out has been stalled by interconnection disagreements, says ROLAND LIM ROLAND LIM Despite the new rules and regulations announced by the government last June in its bid to encourage more competition and the rollout of more Voice over Internet Protocol (VoIP) services,FILE PHOTO - 848 words
-
Article, Illustration433 2006-07-10 26 ROLAND LIM - By ROLAND LIM NOT content with just leading the enterprise storage market, storage giant EMC last week announced its enhanced push into the small and medium business (SMB) market with its new Insignia range of storage products. Speaking at a press briefing.433 words
-
<what's up>
-
52 2006-07-10 26 PATCHLINK has chosen Singapore to host its first global subscription server in the Asia-Pacific region. With the addition of this server, the company's customers in Asia will be able to download and deploy security patches faster than before. The company has four such52 words
-
86 2006-07-10 26 YAHOO has refreshed the design of its local portal (www.yahoo.com.sg) and added a host of features for easier site navigation. A key addition to the new portal is the introduction of "personal assistant", a tool which allows users to access their Yahoo86 words
-
74 2006-07-10 26 MICROSOFT and communications equipment provider Polycom will jointly host a free breakfast briefing on interactive learning solutions on July 18. Targeted at schools, the event will be held at The Oriental Singapore. It will feature a host of presentations from educators as74 words
-
44 2006-07-10 26 SINGAPORE-BASED IT services firm Datacraft has completed a US$l million project to optimise the network infrastructure of a Korean service provider. The enhancements are aimed at supporting an e-government initiative led by Korea's Ministry of Education.44 words
-
64 2006-07-10 26 WINSTON CHAI - Compiled by WINSTON CHAI ENTERPRISE software provider InforJias appointed Chan Jee Meng as its vice-president of marketing for the Asia-Pacific region. Prior to taking on the new role, he was the VP of sales and marketing for IFS Asia. Based64 words
-
-
655 2006-07-10 26 Smaller rival warns of lower revenue in second quarter AP [SAN FRANCISCO] Intel Corp's attempt to stanch the loss of market share to Advanced Micro Devices Inc, its smaller rival in the computer microprocessor business, appears to be working and may allow itAP - 655 words
-
Article, Illustration667 2006-07-10 27 WINSTON CHAI - D-Link launches IP-based camera that streams video, audio to cellphone By WINSTON CHAI HIGH-speed Net access and video calls have always been viewed as the key drivers of third-generation (3G) mobile networks but D-Link International believes surveillance could be667 words
-
Article, Illustration1115 2006-07-10 27 AMIT ROY CHOUDHURY - <cool stuff> This new instrument is targeted primarily at the corporate customer seeking a handy sized business phone, says AMIT ROY CHOUDHURY AMIT ROY CHOUDHURY WHEN first introduced, mobile phones were just devices which you could use to make a phone call.1,115 words
-
232 2006-07-10 27 Bloomberg [NEW YORK! Worldwide sales of machines used to manufacture semiconductors are expected to rise 25 per cent this year before falling in 2007 because of overcapacity, market researcher Gartner Inc said. Sales will surge to U5542.3 billion in 2006 driven by theBloomberg - 232 words
-
151 2006-07-10 27 Bloomberg [SEATTLE] Microsoft Corp, seller of the top word-pro-cessing and spreadsheet programs, will offer an addon program that translates documents for use with a rival file format popular with government customers. A Word file translator will be offered as a free download byBloomberg - 151 words
-
<what's new>
-
90 2006-07-10 27 SEARCH giant Google has announced the local launch of Google Pack Beta, a collection of free software to enhance PC security and improve the Web surfing experience. It includes tools like the Adobe reader for viewing PDF files, the Mozilla Firefox Web browser, Norton90 words
-
83 2006-07-10 27 SINGAPORE-BASED Tidium Technology has taken the wraps off the AntivirusDrive, a USB token which automatically monitors and alerts users in case of a computer virus attack. The device plugs into the USB drive of a PC and is capable of protecting both local and83 words
-
102 2006-07-10 27 ALTIRIS has introduced its new Endpoint Security Solution software aimed at making it easier for companies to manage their computer networks and protect valuable data. It automates the enforcement of security policies and these can be tailored to suit individual user environments. The new offering102 words
-
128 2006-07-10 27 DELL has launched a new line of Power Edge servers that are equipped with Intel's Xeon 5100 processors. The four new products the Power Edge 1950,2950,2900 and 1955 consume less power and promise performance gains of up to 152 per cent over some of the128 words
-
Article, Illustration106 2006-07-10 27 SAMSUNG has unveiled the BD-PlOOO (above), its flagship DVD player supporting the Blu-ray next-generation optical disc format. Blu-ray is supported by more than 170 companies and it promises to deliver five times the picture resolution of conventional DVDs. Besides being able play Blu-ray titles, the106 words
-
96 2006-07-10 27 WINSTON CHAI - Compiled by WINSTON CHAI LOCAL networking solutions provider Omni Technosys has added a set of e-mail encryption tools from UK-based Identum to its product offerings in Singapore. These products include Identum's "Private Post for Business" software suite, a package of privacy tools for common e-mail96 words
-
-
202 2006-07-10 27 Bloomberg [SAN FRANCISCO] eßay Inc. owner of the Pay Pal online payment service, banned customers from using a rival product from Google Inc when trading goods online. Google Checkout is listed among 39 online payment services that aren't permitted on eßay, the iatter's website showedBloomberg - 202 words
-
-
Page 26 Advertisements
-
Advertisement302 2006-07-10 26 r-j no HB| Recommended solution: m n(5)[TD© ■■I Canon's imageWARE Document Vv \v HHH Manager with Web Document VJ©pBoSDi) Iff; TedMatsumoto users from updating a document Chief Diagnostics Advisor while I'm Working On it? Q. How can we reduce the time taken to label, file and retrieve the large "check302 words
-
Advertisement11 2006-07-10 26 FOCUS: VoIP Talk to the world through the Internet PAGE 2811 words
-
-
Page 27 Advertisements
-
Advertisement35 2006-07-10 27 VWbM One Voice Features IcC 1 soft Phone Call Management Hunt Group Find-Me Auto Attendant Voice mail DDI Number User Web Portal Caller ID Conference Bridge Remote Phone Outlook Integration 3-way Conference Online Bill Presentation35 words
-
-
BizIT FOCUS: VoIP
-
Article, Illustration851 2006-07-10 28 AMIT ROY CHOUDHURY - Companies are rushing to join the VoIP bandwagon, writes AMIT ROY CHOUDHURY AMIT ROY CHOUDHURY Communication has always boon a big part of a company's businoss noods and has boon a big cost centro as woll as a businoss onablor. As companios got851 words
-
Article249 2006-07-10 28 AMIT ROY CHOUDHURY - By AMIT ROY CHOUDHURY ACCORDING to Tim Hartman. Symantec Asia Pacific and Japan's senior technology director in charge of security solutions, the proponents of VoIP identify the following benefits: Cost savings: Reduction in operating costs through reduced toll costs and potential reduction in maintenance costs249 words
-
Article, Illustration692 2006-07-10 28 WINSTON CHAI - By WINSTON CHAI HAVING overcome the initial hurdles of voire quality and reliability. IP (Internet Protocol) telephony has now made its way into nearly all market segments in Singapore, from providing low-cost overseas rails for consumers to powering everyday communications for large multinationals. Rased on692 words
-
-
Page 28 Advertisements
-
Advertisement34 2006-07-10 28 Panasonic ideas for life I I f# r»\ L ■^H iMnßHHHHlftalßc££*? fcfc. *°*ifi£§99HHflfl!!fliHflflfllliflfliilflllliß!^^l *C, r.^a^ig:^■ 9 Wx -/^-tdpgj^g^,^ System DMktopphoM IN| 9M Worldwide PBX Market Share Leader* 'Source: MZA "The Global Market" 2005 134 words
-