The Business Times, 15 July 2006
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2006-07-15
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The Business Times
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Title Section18 2006-07-15 1 THE BUSINESS TIMES weekend SINGAPORE 85 cents MICA (P) 099/03/2006 July 15-16, 2006 online at htlp:.7busi»ess asial.fom.sg J18 words
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689 2006-07-15 1 AMIT ROY CHOUDHURY - Samsung-Siltronic venture is largest investment commitment in S'pore electronics this year By AMIT ROY CHOUDHURY [SINGAPORE] Korean memory chip producer Samsung Electronics and German company Siltronic said yesterday they will build a US$l billion jointventure wafer fab here the biggest investment commitment in689 words
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Article131 2006-07-15 1 sn 2,363.55 (-33.09) ST INDEX FUTURES 2.365.00 (-33.00) siMsa 281.75 (-3.93) SIMSa FUTURES ***** (-5.50) MARKETS Friday Change jaSECOMP_ 913.63 -12.92 NIKKEI 225 14.845.24 -252.71 HANG SENG 16,135.71 -169.77 SET INDEX 661.59 -10.75 JAKARTA COMP 1,303.58 -30,44 MANILA COMP 2,210.15 .42 SEOUL COMP 1,255.13 -29.89 SHENZHEN B 288.86131 words
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Article608 2006-07-15 1 GENEVIEVE CUA - CAD moves in on company and queries investors By GENEVIEVE CUA [SINGAPORE] Teachers and retirees are among people hit by a get-rich-quick scheme that promised a return of almost 48 per cent in the first year v- BT understands that the company involved ISBC Pte Ltd608 words
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Page 1 Advertisements
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Advertisement22 2006-07-15 1 HBI MATiOHAL H BflH HUH V SINGAPORE 85 cents BBH RAFFLES CONVERSATION China moves to wipe out soccer gambling PAGE 12 822 words
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Advertisement75 2006-07-15 1 •MHffifl isn't f CORPORATE ANALYSIS An OUE case study M MQE4 <?• i-i n r~ I r 1 j I ji I 98 W» P :4 r ?P? 4 %c *i" v Vjgf >*••• v '>■■:■-**"'• I- 4-ij t^BESSQrf I i dJBMBBfc —.——dddWßEfc-— i I f -v 65 Mohamed Suttan75 words
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TOP STORIES
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700 2006-07-15 2 Purchases that are not for 'own use or habitation' may be disallowed [SINGAPORE] China, worried that surging foreign investment in its real estate is fuelling speculation and pushing up prices, has prepared draft rules restricting foreign purchases of property, Reuters reported yesterday. Foreign700 words
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Article498 2006-07-15 2 SNPHI profit up 10 times on divestment gain SNP Corporation a 10-fold jump in first-half net profit to $13.1 million, helped by a $15.3 million gain from divestment of its educational publishing business in March. Bevenue grew 10 per cent to $201.7 million. COMPANY NEWS. PAGE 4 Mediaßing498 words
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632 2006-07-15 2 CHUANG PECK MING - By CHUANG PECK MING [SINGAPORE] The levy on skilled foreign workers will go up from $100 to $150 a month from Jan 1 next year, in a move to ease the demand for foreign workers. The Ministry of Manpower632 words
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Article, Illustration776 2006-07-15 2 ANTHONY ROWLEY - Markets take a hit as central bank signals end to long-running deflation By ANTHONY ROWLEY in Tokyo THE stock market reeled when the Bank of Japan (BOJ) ended months of speculation yesterday on when it would reverse its five-year-old policy of maintaining short-term interestREUTERS - 776 words
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Article, Illustration659 2006-07-15 2 MATTHEW PHAN - SATURDAY SOAPBOX MATTHEW PHAN Reporter IT'S the 110 th minute of the World Cup Final 2006. And one of the most intelligent playmakers in world soccer over the last decade ends his international career with a headbutt. Sport fans and journalists worldwide659 words
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RAFFLES CONVERSATION
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Article, Illustration2338 2006-07-15 3 SURESH MENON - David Bussau was a self-made millionaire but at the age of 35 he called it quits. Since then, he has been helping the poor by giving them opportunities to create wealth. SURESH MENON talks to... SURESH MENON CHARITY is the theme this season from Bill Gates and2,338 words
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Page 3 Advertisements
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Advertisement72 2006-07-15 3 an enchanting experience with Raffles' c£*MU+ (J*p+&Z£ZT which provides a guaranteed upgrade to next higher category and generous savings, at all partkqMting Raffles Hotels Resorts worldwide. Complimentary Extra Touches under same room Book Now! These privileges are valid for stays up to September For more information and reservations, please access72 words
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Advertisement61 2006-07-15 3 Raffle? Hotels Resorts The Raffles Conversation is brought to you through a special arrangement with Raffles Hotels and Resorts. The Traveller's Palm in the Raffles Hotels and Resorts logo is an apt symbol. Not only has water stored at the base of this palm provided sustenance, the leaves rest in61 words
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COMPANY NEWS
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Article, Illustration830 2006-07-15 4 LESLIE YEE - CORPORATE ANALYSIS Refine takeover regulations so that small shareholders can get information on what an offeror intends to do, says LESLIE YEE LESLIE YEE OVERSEAS Union Enterprise (OUE) owns attractive properties in Orchard Road and near the new Busi-' ness and Financial Centre, some of whichFILE PHOTO - 830 words
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Article, Illustration518 2006-07-15 4 R SIVANITHY - STOCKS R SIVANITHY Senior Correspondent UNTIL this week, it looked very much like China stocks offered local market participants a fresh defensive option other than those which are typically described as "defensives", namely, blue chips with strong balance sheets, cash flows518 words
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198 2006-07-15 4 SANTOS, the Australian partner of Singapore Petroleum Co Ltd (SPC) in developing an Indonesian oilfield, yesterday said it was likely to reduce the reserves estimate for their Jeruk discovery. SPC's shares then tumbled 5.6 per cent to end at $5.05. Earlier in198 words
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281 2006-07-15 4 WONG WEI KONG - By WONG WEI KONG A CLAIM against a China unit of troubled waste recycler Citiraya Industries has been settled, the company said yesterday. The claim was over a land purchase by Citiraya Wuxi, a wholly owned subsidiary of' Citiraya. Citiraya Wuxi was281 words
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172 2006-07-15 4 SWATI CHAUDHARY - By SWATI CHAUDHARY JOINT Asian Derivatives Exchange (Jade), the electronic commodities derivatives market, will start trading on Sept 25, almost three months after the expected date. Trading of Technically Specified Rubber 20 (TSn 20) Jade's first futures contract, to be conducted on the172 words
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475 2006-07-15 4 MATTHEW PHAN - By MATTHEW PHAN SNP Corporation, which prints magazines in China for top names like Vogue and Elle, saw net profit increase 10 times to $13.1 million in first-half 2006, helped by a $15.3 million gain from the divestment of its educational475 words
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Article, Illustration344 2006-07-15 4 ROLAND LIM - Group to acquire a voice services provider in Angola By ROLAND LIM INTERNET telephony service provider Mediaßing yesterday announced that it is investing US$6OO,OOO into expanding its Africa operations through two joint ventures. The first joint-venture company is Mediaßing Africa Ltd, in which Mediaßing344 words
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426 2006-07-15 5 OH BOON PING - But doubts have been cast over viability of such a deal By OH BOON PING SHARES of computer-relat-ed products maker GES International have risen further on speculation of a possible takeover by Venture Corp, even as doubts have been cast on426 words
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258 2006-07-15 5 Reuters [JAKARTA] Indonesia's motorcycle sales volume fell 28 per cent last month from the same period last year, data from the country's top automotive distributor showed on Friday. PT Astra International Tbk, controlled by Singapore's Jardine Cycle and Carriage Ltd, said JuneReuters - 258 words
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443 2006-07-15 5 [HONG KONG] Not surprisingly, the uncertainity created by the shifting, shadowy struggle for control over the assets of Hong Kong's dominant phone company, PCCW, has drawn the attention of hedge funds seeking investment opportunities, says a report in the South China Morning443 words
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Article, Illustration343 2006-07-15 5 LESLIE YEE - By LESLIE YEE RETAIL investors will now have an opportunity to subscribe for units in what is touted as Singapore's first independent industrial real estate investment trust (Reit). Cambridge Industrial Trust (CIT), which delayed its initial public offering (IPO) last month because of market343 words
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COMPANY BRIEFS
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Article96 2006-07-15 5 FU Yu Corporation expects to release its Q2 2006 results on July 27, when further details of the group's performance will be provided. An outlook statement on the group's performance for the second half of 2006 will also be released. Fu Yu had said96 words
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Article53 2006-07-15 5 MAINBOARD-listed Raffles Education Corporation Limited said yesterday it has acquired a shelf company, Sidon Investment, with issued capital of $2. The company isnow wholly owned by Raffles Education Corp. The acquisition is not expected to have any significant impact on the group's financial position in the53 words
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Article54 2006-07-15 5 LASSETERS International Holdings said yesterday its wholly owned subsidiary Lasseters Norman has entered into a contract of sale with Miranda Hotels for the acquisition of the leasehold and business interests—including the ownership of 12 electronic gaming machines valued at A 52.46 million—of Norman Hotel for A54 words
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Article59 2006-07-15 5 FRASER and Neave has raised its direct stake in Asia Pacific Breweries, from approximately 4.8 to 5 per cent through the acquisition 0f631,000 shares of APBL in the open market. The consideration for the acquisition is approximately $6.8 million, payable in cash and arrived59 words
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Page 5 Advertisements
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Advertisement1953 2006-07-15 5 Head to CATS FASTADS in The New Paper for job opportunities! J >AT^ NOTICES Toll free: 1800-289-8822 Email: notices^sph.com.sg T MAYFRAN INTERNATIONAL LTD (Company Registration No. *****0473E) (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Mayfran International1,953 words
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PERSONAL INVESTMENT
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Article, Illustration902 2006-07-15 6 UMA SHANKARI - Compiled by UMA SHANKARI SembCorp Industries My 14 dose 53.16 JPMORGAN, July 14 SCI is sealing SMOE and Semßeth to SMM for $183.7 million. This is in line with SCl's commitment to streamlining its businesses and focusing on the core businesses of utilities and marine engineering. Focusing onSource: Bloomberg - 902 words
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Article790 2006-07-15 6 For week beginning Jul 10 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS SubwrtM hy Hoof M«« tHA»BMUH«6 ThifaiiniiWf Sm shw Nf Idvra Afjy Stort S? C~v m Sfcrl (000) £22 Asia Enterprise 13)ul-06 Chono Thim Pheng Buy 600 na >3800 S.05 U400 5.26 Eastern Hldgs 13-Jul-06 Tay Tfiian Boon Boy790 words
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Article, Illustration1413 2006-07-15 6 SHOW ME THE MONEY It is during periods when most stock investors are reluctant to commit, when the equity risk premium is at a high, that one will make the most money UP UNTIL May, everything was hunky-dory. Markets around the world were hitting multiyear highs1,413 words
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BT INVESTMENT ROUNDTABLE
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Article, Illustration2815 2006-07-15 7 OVERVIEW HIGH oil prices, North Korea's recent missile testing and uncertainties over US economic' growth provide a backdrop of uncertainty for investors. More political tensions came in the form of the deadly train blasts in Mumbai, India, earlier this week. While Singapore's economy appears to2,815 words
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SINGAPORE NEWS
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354 2006-07-15 8 But net increase in bankruptcies rising by the month, a trend since 2002 By MATTHEW PHAN FEWER people were declared bankrupt in Singapore in the first half of the year than in the same period in 2005, Ministry of Law figures354 words
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390 2006-07-15 8 LESLIE YEE - By LESLIE YEE ÜBS, which has been one of the most active real estate investment banks in Singapore, has been hit by another major departure. Charles Neo, the Singa-pore-based co-head of Asian property research, has left the bank. A spokeswoman for ÜBS390 words
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355 2006-07-15 8 CRYSTAL NEO - By CRYSTAL NEO EMPLOYEES from local companies are generally more engaged than those from multi-national companies, and employees from small and medium-sized enterprises (SMEs) are the least engaged group, according to a recent study. The study by Singapore Human Resources355 words
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Article4539 2006-07-15 8 UNIT TRUSTS FUNDS ACMGI Amer Income BT USD 8.42/ DJJ B Il lHlll HACMGI Amer Income A USD 8.3* M ACMGI Amer Income B USD 83* W AIM Amro AsMt Mgt (S'pore) ACMGI Amer Income A EUR 6*1/ W Star EixopeEqty!" 0.911/ ACMGI Amer Income B EUR 6.61/ W Star4,539 words
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477 2006-07-15 9 DONALD URQUHART - Exemption from section 34 of Competition Act to last 5 years By DONALD URQUHART [SINGAPORE] The expected exemption from Singapore's new Competition Act for liner shipping agreements received its official nod yesterday from the Minister for Trade and Industry. The block exemption order (BEO) from477 words
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Article, Illustration401 2006-07-15 9 KALPANA RASHIWALA - Almost 75% of units at Oceanfront Sentosa Cove snapped up By KALPANA RASHIWALA THE latest high-end residential project The Oceanfront Sentosa Cove is selling like hot cakes. By 6.30pm yesterday City Developments Ltd (CDL) and TID Pte Ltd had sold about 200 units at the 264-unit Oceanfront Sentosa Cove project,401 words
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Article, Illustration352 2006-07-15 9 Source Population Decline With ail the attention given to continuing strong growth in the world populatipa one thing might come as a surprise: Forty-three of the 193 nations around the world will register a decline in their population by 2050. We wonder. Which country j wHI experienceSource - 352 words
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SINGAPORE ROUNDUP
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69 2006-07-15 9 THE Chief Executive of the Hong Kong Special Administrative Region, Donald Tsang, will visit Singapore from July 15 to 17, accompanied by his wife and a delegation of senior officials. Mr Tsang will meet Prime Minister Lee Hsien Loong, Senior Minister69 words
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65 2006-07-15 9 MINISTER for Trade and Industry Lim Hng Kiang will lead a delegation to Jakarta today to attend the inaugural Singapore-Indonesia Joint Steering Committee Meeting on Economic Cooperation in Batam, Bintan and Karimun. He will be accompanied by Minister for Education and 2nd Minister65 words
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74 2006-07-15 9 PRIME Minister Lee Hsien Loong and Mrs Lee will visit Brunei Darussalam from July 15 to 16 at the invitation of His Majesty Sultan Haji Hassanal Bolkiah to attend the Sultan's 60th birthday celebrations. PM Lee and Mrs Lee will attend the royal74 words
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315 2006-07-15 9 MATTHEW PHAN - VOLUNTEERISM PHILANTHROPY CONFERENCE By MATTHEW PHAN MANY SMEs have the desire to contribute to charity, but could not do so due to the nature of their business which are limited by infrastructure and resources, said Kwek Leng Joo, managing director of listed property315 words
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314 2006-07-15 9 JAMIE LEE - By JAMIE LEE NVPC is shifting to focus on volunteerism on an ad-hoc basis, to cater to Singaporeans that are starved for time and who are casting a more discerning eye on charities. The shift follows a new announcement of its finding from the 2006314 words
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243 2006-07-15 9 WEE LI-EN - By WEE LI-EN A SMALL business owner who committed Singapore's biggest Goods and Services Tax (GST) fraud was jailed yesterday for 15 months. Tang Wai Kay, former sole proprietor of Infitronics Enterprise, made false declarations in GST returns from July 2003 to July243 words
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Advertisement30 2006-07-15 8 AllianzGI RCM Global Twin-Focus Fund a fund that offers you twin benefits Allianz of potential quarterly payouts and limits possible downside. Visit OCBC Bank for c|obal )nvestors moro details (omp-invritnI'twi/i.^/30 words
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Advertisement209 2006-07-15 9 Lianhe Zaobao I Sichuan governor I I The province I I hopes to I I export I I pork to I I pore I I TANtS C. K. TANG LIMITED since 1912 (Incorporated in the Republic of Singapore) Company Registration No. *****0023H NOTICE IS HEREBY GIVEN that the Share Transfer209 words
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MALAYSIA
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603 2006-07-15 10 PAULINE NG - Release of letters, meeting extracts attempts to counter Mahathir's claims By PAULINE NG in Kuala Lumpur MALAYSIA has taken the unusual step of declassifying several confidential documents in an attempt to counter the claims of former Prime Minister Mahathir Mohamad that it could603 words
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Article, Illustration165 2006-07-15 10 Bernama [KUALA LUMPUR] Malaysia is expected to record an average increase of 10.2 per cent in its total trade this year at RM1.09 trillion (*****,406 million) compared with RM970.9 billion last year, International Trade and Industry Minister Rafldah Aziz said. The percentage of tradeBernama - 165 words
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Article6824 2006-07-15 10 Transaction date: Jul 14 52-Wk M Last Vol Day ItQmtl GrOhr W» GrYtd MM MCib High Urn Od. Company Sal. fWW W »Cw HI fl 4 1 5716 1st Software 5c 2.5 2 25 10.1 13 6 3148 8TelecomUS2c 7 unch 66 7 65 65 7 55 4.96,824 words
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328 2006-07-15 10 This comes a year after ringgit's de-pegging AP [KUALA LUMPUR] Malaysia's commercial banks are making strong profits from trading in foreign exchange and helping clients manage currency risks, a year after the central bank unshackled the ringgit from its former peg, industry officialsAP - 328 words
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INDONESIA
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Article, Illustration395 2006-07-15 11 Oil price surge prompts govt to revise exchange rate assumption from 9,900-9,300 rupiah/US$1 [JAKARTA] The government is pinning its hopes on improving macroeconomic indicators, including the rupiah exchange rate and inflation, to help limit the fuel subsidy and debt repayment burdens,AFP - 395 words
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Article6414 2006-07-15 11 Transaction Date: Jul 14 MOST ACTIVE STOCKS VOLUME VALUE PacificCenturvlOc 40,600.000 PBSGro *****.118 ChioaMllk HKSOc 39.414.000 SGX1c S2JHL260 UTAC USISc 31.582.000 SingTel 15c -SL339.010 China Sun HK2Sc 29.731.000 CaoitaLand 50l100.180 SinoTel 15c 21.284,000 S PC 50c 4&*****0 Mediating 10c 19.750.000 GtvQev50c 47.391.320 Biosensors USO.OIc 19.579.000 UOB 4<653.120 Ezyhealth 5c6,414 words
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GREATER CHINA
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Article, Illustration520 2006-07-15 12 Police bust online betting rings during recent World Cup tournament [BEIJING] China's Ministry of Public Security is ramping up efforts to wipe out gambling on soccer after a series of high-profile busts of online betting rings during the World Cup Finals, says aPHOTOS: REUTERS, AP - 520 words
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Article286 2006-07-15 12 Reuters [BEIJING] China announced the discovery of what it said may be its largest undersea natural gas reserves on Thursday, adding a potential source as the country strains to cope with climbing energy consumption. China's Ministry of Land and Resources estimated that the reserves, inReuters - 286 words
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493 2006-07-15 12 Call to end moves like currency manipulation Reuters [NEW YORK] China's heavy subsidies to its steel industry, if allowed to continue, threaten the economic stability of the US at the cost of thousands of jobs, a report on the impact of the ChineseReuters - 493 words
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523 2006-07-15 12 China can sustain growth for 10 years: think-tank Reuters [BEIJING] China's foreign exchange reserves, the world's largest, rose by US$66 billion in the second quarter to U*****.1 billion, the central bank said yesterday. China's foreign exchange reserves rose U5556.2 billion in the first quarter ofReuters - 523 words
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385 2006-07-15 12 [HONG KONG] PetroChina will open nine exploration blocks in the Xinjiang autonomous region of the country's western hinterland to foreign investors in what is billed as the largest onshore Sino-foreign oil cooperation scheme in 12 years, the South China Morning Post reported385 words
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INDIA
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Article, Illustration831 2006-07-15 13 Fare cuts set to lift airlines' combined loss to US$250m in 2006-07 Bloomberg [NEW DELHI] India's airlines, Asia's biggest customers for Airbus SAS and Boeing Co last year, may slow or even cancel orders as they face difficulty raising funds amid mounting losses. JetBloomberg; AP - 831 words
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309 2006-07-15 13 AFP [MUMBAI] Police investigating the Mumbai train bombings were tracing telephone calls to Pakistan and Bangladesh yesterday amid mounting media speculation that a leading Islamic militant masterminded the attacks. The alleged planner of bomb attacks in October last year that leftAFP - 309 words
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BRIEFLY ASIA
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74 2006-07-15 13 Reuters [KUALA LUMPUR] Malaysia's biggest power utility, Tenaga Nasional Bhd, reported a 31 per cent drop in quarterly profits yesterday, because of lower foreign exchange translation gains. State-controlled Tenaga, which produces two-thirds of peninsular Malaysia's power needs and has a distribution monopoly, postedReuters - 74 words
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63 2006-07-15 13 Reuters [BEIJING] China's top banking regulator warned the country's lenders yesterday to keep credit growth in check and to guard against risks from lending to sectors that face overcapacity or are undergoing consolidation. Liu Mingkang, head of the China Banking RegulatoryReuters - 63 words
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69 2006-07-15 13 AFP [BEIJING] China's actual foreign direct investment (FDI) in June was down 12.2 per cent year-on-year to U555.44 billion, the Ministry of Commerce said yesterday. FDI for January to June declined 0.47 per cent from a year earlier to U5528.43 billion, the ministryAFP - 69 words
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102 2006-07-15 13 [JAKARTA] Net profit at Indonesian state-owned enterprises (SOEs) could rise by as much as 28 per cent to a combined 45 trillion rupiah (557.9 billion) this year, says a report in the Jakarta Post, citing a government forecast. This102 words
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315 2006-07-15 13 Economic Times [BANGALORE] The hiring spree at Infosys Technologies, which recently created a record for highest recruitments in a single day, continues unabated. The company, which surprised markets recently with better-than-expected financial results for the first quarter, has said it would recruit a minimum of 7,000Economic Times - 315 words
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607 2006-07-15 13 SIDDHARTH SRIVASTAVA - By SIDDHARTH SRIVASTAVA in New Delhi COULD special economic zones (SEZs) be a solution to India's foreign direct investment (FDI) and infrastructure woes? This is the tantalising question before the country. State governments of West Bengal, Orissa, Rajasthan and Madhya607 words
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Article2208 2006-07-15 13 VOl General Corp MO 003 33S MM m W- run Owittng 23.90 020 410 George Kant 049 -0.03 214 At M Realty 1-39 unch tn Hull n 022 -0A3 ***** Abric 034 unch IP GtobetronicsTech 0J0 OOI 455 AcrmArnrim ojo -ox* 217 rjknwi bui 123 -0.01 437 Advance2,208 words
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ASIA-PACIFIC/WORLD
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582 2006-07-15 14 ANDREW MARKS - Growth for the quarter seen at 12.3%, up from Q2's 10.9% By ANDREW MARKS in New York THE earnings season has kicked off, but for the last few days it has been the rising tensions in the Middle East that have captured582 words
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230 2006-07-15 14 Bloomberg [NEW YORK] Shares of Samsung Electronics Co, Hynix Semiconductor Inc and Elpida Memory Inc fell after the world's biggest memory chipmakers were sued by US state governments that claim they conspired to fix prices. New York Attorney General Eliot Spitzer suedBloomberg - 230 words
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Article, Illustration538 2006-07-15 14 Thai economy grew 5.1 in Q2: minister Bloomberg [BANGKOK] Thailand's economy grew about 5.1 per cent in the second quarter, slowing as the stronger baht curbed export competitiveness, and as a political deadlock delayed government spending, Finance Minister Thanong Bidaya said. South-east Asia's sec-ond-biggest economy will grow between 4 perBloomberg; AFP - 538 words
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WORLD WATCH
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62 2006-07-15 14 Bloomberg [MELBOURNE] Gold rose in Asia as rising conflict in the Middle-East pushed oil prices to a record high, prompting investors to buy it as a haven and inflation hedge. The metal has jumped 7.3 per cent this month amid geopolitical tensionsBloomberg - 62 words
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71 2006-07-15 14 Reuters [LONDON] Oil surged to record highs above US$7B yesterday on fears that conflict between Israel and Hizbollah guerrilas could escalate and spread to more Middle-East countries. Iran's nuclear standoff, fears over oil supply in Nigeria due to militant attacks, and fallingReuters - 71 words
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60 2006-07-15 14 Bloomberg [SEOUL] Samsung Electronics Co, the world's third-biggest maker of mobile phones, reported the lowest profit in five quarters after cutting handset prices to compete against rivals Nokia Oyj and Motorola Inc. Net income fell 11 per cent to 1.5 trillion won (552.53Bloomberg - 60 words
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65 2006-07-15 14 Bloomberg [SANTA CLARA] Intel Corp CEO Paul Otellini will fire 1,000 managers worldwide, the biggest cuts in four years, in a bid to slash US$l billion in costs and restore profit growth at the world's largest semiconductor maker. Intel hasn't decided on further cutsBloomberg - 65 words
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85 2006-07-15 14 Bloomberg [NEW YORK] Carlos Ghosn, CEO of Nissan Motor Co and Renault SA, said yesterday that taking the top job at General Motors Corp isn't part of his plan. But he wouldn't rule out any options in talks with GM CEO RickBloomberg - 85 words
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Article, Illustration589 2006-07-15 14 Reuters Bloomberg AP [MOSCOW] Russian oil firm Rosneft said yesterday its initial public offering, the world's fifth biggest, raised US$lO.4 billion, but a British court challenge from rival Yukos threatened to delay its market debut. Rosneft said in a statement the IPO, pricedReuters; Bloomberg; AP - 589 words
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841 2006-07-15 14 NEIL BEHRMANN - NEWS ANALYSIS By NEIL BEHRMANN in London ROSNEFT is by a wide margin the most controversial planned flotation which has ever taken place on the London Stock Exchange, going by the unease of investors. Billionaire financier George Soros yesterday used an article in the London Financial841 words
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MOTORING
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Article, Illustration2186 2006-07-15 15 SAMUEL EE - Rising pump prices and falling COE premiums have combined to produce a clear buying trend in the first six months of this year Singaporeans are gravitating towards smaller cars. In terms of the most popular makes, however, nothing has changed in the top three positions. The2,186 words
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GOLF
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Article, Illustration1302 2006-07-15 16 JUSTINE MOSS - Blue Canyon fits between the Phang-Nga mountains and the Andaman Sea, writes JUSTINE MOSS JUSTINE MOSS WITH over 200 golf courses in Thailand, attracting and maintaining golfers and members is not an easy task, unless you have the facilities and a high profile or perhaps the1,302 words
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Page 16 Advertisements
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Advertisement333 2006-07-15 16 wine&dine withweekendBT i Ca»«bii Peninsula Excelsior Hold, Level 5. win« md jSam! 1 LiMich: Centn, HOt-38. Tel: *****132 New Zealand, Italy, South Africa and France, be sure to Mon to Fri, 12pm to 230pm. High Tea: Sat, Sun and TeL-*****238 Buffet lunch available on weekends and public holidays. discover rising333 words
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WELLNESS
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Article, Illustration1406 2006-07-15 17 CHEAH UI-HOON - CHEAH UI-HOON finds out how you can retain your crowning glory CHEAH UI-HOON NOW that there's a growing variety of treatments to either straighten or curl your hair, or change the colour according to every new fashion cycle, does being fashionable take a toll on the1,406 words
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Article335 2006-07-15 17 Washing hair at night will give you "headaches" or "head-wind". There is no scientific proof as of now which supports this. What you need to do is to ensure that your hair and scalp are properly dried before you sleep. Frequent shampooing of a greasy335 words
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Article, Illustration503 2006-07-15 17 J's Salon Kerastase Hair and Scalp Institute Goodwood Park Hotel (serviced apartments), 22 Scotts Road Tel: 6733-3882 THERE'S something luxurious and soothing about having someone run their fingers through your hair and massaging your scalp especially when you know that the result is a good503 words
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Page 17 Miscellaneous
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Miscellaneous250 2006-07-15 17 CRYPTIC CROSSWORD 29 Coming from garden, I leave flowing water (4) 12 Qur t trave ing in YESTERDAY'S SOLUTION 30 Account by writer -it s first huiiHnypri brought back for magistrate c L Acros,: 5Au pa,rS 9 B omerang mavbe(ll) making suggestion to iq Eremite, 11 Nematodes, 12 Lemen in250 words
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SHOPPING
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Article, Illustration1524 2006-07-15 18 CORINNE KERK - CORINNE KERK looks at the new collections that three jewellers have to offer CORINNE KERK TIFFANY IN a coup of sorts, American jeweller Tiffany has added renowned architect, Frank Gehry, to its list of collaborators and his jewellery will make their debut here in September. Best known for1,524 words
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TRAVEL
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Article, Illustration1234 2006-07-15 19 SUKI LOR - Rugged peaks, ancient monasteries and ephemeral sights of a world far removed from ours are part of Ladakh's charm, says SUKI LOR SUKI LOR Mountains possess a mystique and grandeur that has fascinated climbers and nonclimbers alike, and to me, the Himalayan range and particularly Ladakh isPHOTOS: SUKI LOR - 1,234 words
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THE BUSINESS TIMES weekend
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Article, Illustration2359 2006-07-15 20 GEOFFREY EU - Or bento boxes or tonkatsu. GEOFFREY EU goes in search of an izakaya experience GEOFFREY EU THERE'S some way to go before the humble izakaya a casual bar-cum-restaurant that is a de rigueur after-work destination in Japanese culinary culture takes the place of the all-con-quering sushiYEN MENG JIIN - 2,359 words
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Advertisement11 2006-07-15 20 SHOPPING Jewellery designed by ||js| Guggenheim arehitectffi^ ,Iih SUU B 1111 words
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