The Business Times, 14 August 2006

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Microfilm: NL26972
Total Pages: 30
1 30 The Business Times
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  • TOP STORIES
    • Article, Illustration
      Lock icon Airline industry takes another hit
      740 2  -  COMMENTARY More people may travel by road or rail to avoid lengthy waiting times and tedious security checks at airports VEN SREENIVASAN Senior Correspondent Last Thursday's foiled terrorist plot to blow up as many as 10 passenger jets in mid-air over the Atlantic Ocean will
      AP  -  740 words
    • Article
      Lock icon KL political row could trigger more business casualties
      750 2  -  Analysts see probe into businesses of Mahathir's sons By S JAYASANKARAN in Kuala Lumpur THE escalating political row in Malaysia triggered its first corporate casualties on Friday amid speculation that the fallout in business circles could spread. On Friday, Khairy Jamaluddin, the
      750 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      489 2 Be ready to defend your patents, companies warned PATENTS are like casino chips to a life sciences firm, according to a leading trademark lawyer. They merely allow one to play at a poker table, but don't guarantee that one will be insusceptible to attacks. So companies must be
      489 words
    • Article, Illustration
      Lock icon Be ready to defend your patents, companies warned
      733 3  -  Next to electronics, life sciences sector especially open to attacks, says lawyer Reports by CHEN HUIFEN [SINGAPORE] Patents are like casino chips to a life sciences firm, according to leading trademark lawyer and IP Academy director David Llewelyn. They merely allow one
      733 words
    • Article
      Lock icon Don't over-react to IP litigation, investors urged
      346 3 It's an integral part of doing business in biomed sector, says lawyer [SINGAPORE] Investors here appear to need more education on patent issues, going by their knee-jerk reaction each time a company issues an announcement on legal action related to intellectual property rights.
      346 words
    • Article
      Lock icon MARKETS DIGEST
      137 3 MARKETS Week Chge STI .2450.63.. -12.29 KLSECOMP 942.27 +4.28 NIKKEI 225 *****.02 ......+65.84 HANG SENG *****.95 ....+362.15 SET INDEX 708.42 +5.14 JAKARTA COMP ...1402.19 +12.84 MANILA COMP ....2341.46 -21.14 TAIPEI TAIEX 6571.10 ....+128.49 SEOUL COMP 1292.10 ...-12.41 SHENZHEN B 286.18. +4.75 AUSTALLORD 4918.00 -8.10 DOW JONES *****.03 -152.32
      137 words
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      75 2 1Q witmiiM ■My» <5? ■vWHWWftfg^^^^M < jri _^^k Creating, communicating and implementing J^lflH^HPW Strategy is one of the most important and challenging r~ tgV activities you undertake as a leader in a business enterprise. >V 1 f "JfSJi r^>vJ|^i that your business is on the best possible path to future
      75 words
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      22 2 people r r u^ 6 r r includes Fortune 500 companies. v. v. (M.'| ni i[ .ilv.i-'k i.om Asia I'ar.fu.: fcx«-<-.utive Sonrc.h
      22 words
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  • Page 3 Advertisements
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      31 3 BT ONLINE BT print subscribers get free access to the Business Times Online. To activate your account, log on to http^/business-times. asial .com.sg. For more information, e-mail btocs@sph.com.sg or call 6388-3838.
      31 words
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      Lock icon Page 3 Advertisements Column 2
      694 3 The Korea De\«k)pment Bank Offer Period: From 7 August2oo6 to 15 September2oo6 (subject to extension or early closure) Pinnacle Notes Series 1 are available in denominations of USDS,OOO and SGDB,OOO. Distributors: mm w| CIMB DMG Partners KIMENG OOCBC Securities Your PartneMn^Ftoim^! securities (Brought to you by PNHpStcurlttM) Important Information: A
      694 words
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  • SINGAPORE MARKETS
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      1046 4 Payment Ex Books Pay Payment Ex loots Pay isai data stac ton. issn <t*t« dose data AstandasREIT 1Wi« 3.09 21-Jul 26-Jul 24-Aug Metro Hldgs b 2.00 28-Jul 02-Aug 15-Aug Aicott Residence Trust <U 1.71 28-Jul 02-Aug 28-Aug Metro Hldgs S 3.00 28-Jul 02-Aug IS-Aug AsiaDekor f KmblSOTA 17-Aug
      1,046 words
    • Article, Illustration
      Lock icon Uncertainties ahead, tread with care in market
      681 4  -  STOCKS TEH HOOI LING Senior Correspondent THE week ahead is fraught with uncertainties. Will inflation run away, forcing the US Federal Reserve to raise rates again despite the slowing economy? Will Middle East tension and also hopefully, concern over disruptions to global oil
      681 words
    • Article
      Lock icon Asia units advance, but yen retreats on terror jitters
      509 4 CURRENCIES AFP [HONG KONG] Asian currencies ended last week mainly up against the dollar, but continued jitters over the alleged plot to blow up trans-Atlantic passenger planes could see the greenback rebound in the region. Japanese yen: The yen eased last
      AFP  -  509 words
    • Article, Illustration
      Lock icon BROKERS' RECOMMENDATIONS
      1785 4 Consensus No.of Forecast Mean Fits Consensus No4f Forecast Mam Fifs recommendation estf- EPS P€ target price recommendation esti- EPS PE target price Company name TMswfc Last mth mates (cents) (ratio) price Company name Thiswk Lastmtii mates (cants) (ratio) price Advanced Holdings 2.00 1.00 2 5.85 633 1.14 037
      1,785 words
    • Article
      Lock icon Oil slides from record highs
      215 4 COMMODITIES AFP [LONDON] Crude oil prices fell off record peaks last week as traders seized on news of a failed plan to blow up US-bound passenger planes that prompted expectations of a drop in demand for jet fuel. Coffee prices struck the highest level for
      AFP  -  215 words
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  • COMPANY NEWS
    • Article
      Lock icon Consider new-look Hyflux for longerterm gain
      872 5  -  HOCK LOCK SIEW By MATTHEW PHAN HYFLUX, whose application of membrane technology to wastewater treatment once made it a stock market darling, could look like a different company in a year's time. The company in June acquired a majority stake in a used-oil collection
      872 words
    • Article, Illustration
      Lock icon GEH minorities who hold out face risk
      648 5  -  Analysts say they could end up with shares that are even more illiquid By WONG WEI KONG MINORITY shareholders in Great Eastern Holdings (GEH) who reject OCBC Bank's offer for the insurance group closing this Wednesday could end up holding shares that are
      FILE PHOTO  -  648 words
    • Article, Illustration
      Lock icon Morgan Stanley picks CMT, CCT, K-Reit
      533 7  -  Trusts with pipeline of acquisitions and able to expand abroad can do well By UMA SHANKARI MORGAN Stanley initiated coverage of Singapore's Reits sector with an in-line call last week, tagging Capita Mall Trust (CMT), CapitaCommercial Trust (CCT) and K-Reit Asia as its top
      FILE PHOTO  -  533 words
    • Article
      Lock icon MapletreeLog in M'sia property deal
      302 7 MAPLETREE Logistics Trust (MapletreeLog) said it has offered to buy a ware-house-cum-office property in Malaysia for RMI3 million (555.6 million) as part of its plans to diversify its tenant base and geographic reach. The property, called Puchong 1, comprises two single-storey warehouses, each with a
      302 words
    • Article
      Lock icon UOB launches 3-assetclass structured deposit
      460 7  - UOB launches 3-asset-class structured deposit By GENEVIEVE CUA A STRONG response to a recent structured deposit has prompted UOB to launch a fresh deposit with a similar structure, this time linked to Asian markets and currencies. The "Champion Deposit" is linked to three asset classes and pays a fixed interest
      460 words
    • Article
      Lock icon CG Tech's Q2 net up 89.7%
      237 7 BOOSTED by higher production capacity, polyester products maker CG Technologies Holdings reported a 89.7 per cent surge in its Q2 net profit to 37.3 million yuan (557.4 million). The performance brings its half-year net profit to 61.7 million yuan, a 57.9 per cent jump
      237 words
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      38 5 Trading halt for ArianeCorp SESDAQ-LISTED ArianeCorp has requested a halt in the trading of its shares at 9am today. The company, which designs and makes liquid crystal displays, said the halt is needed pending the release of announcements.
      38 words
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      Lock icon Page 5 Advertisements Column 2
      273 5 Q: Why do I need wealth management? A: Allow me to start by asking if your wealth legacy is built to last successive generations? Ifnot y you need wealth management to ensure that future generations will inherit your legacy. Q: How will wealth management help me? A: At the outset,
      273 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Mixed showing by portfolios in short week
      1332 6  -  TEH HOOI LING Senior Correspondent ITHASbeena holiday-shortened but eventful week. First, the US Federal Reserve announced the much-anticipated pause in its rate hikes, but that didn't bring much rheer fin the market as the focus now is on the slowing economy of the
      1,332 words
    • Article, Illustration
      Lock icon Trading remains brisk despite market break
      1419 6  -  INSIDE MARKETS By ROBERT HALILI DIRECTORS and substantial shareholders were active during the holiday-short-ened week of Aug 7-11-with 28 trades worth nearly $30 million, against the previous week's 29 transactions worth $9.4 million. Buyers outweighed sellers last week with 11 firms that recorded 20
      1,419 words
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  • Page 7 Advertisements
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      144 7 HITACHI I i s** ">' *n> t o&*! lsm &*&to k ~%t N if V* *?*:£"s* -<< V CP-X267 2,500 ANSI LUMENS Wireless Presentations PC-less Presentations (USB &SD Card) Quick Start-Up Shut Down Whiteboard Mode Blackboard Mode Auto Vertical Keystone Authorised Distributor AV-Science Marketing Pte Ltd Office and Showroom: 3
      144 words
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  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon Inform. Educate. Interact.
      2986 8 THIS WEEK'S TOPIC How is journalism, and in particular business journalism, changing? What does BT need to do to stay relevant and compelling in the face of these changes? As BT turns 30 on Oct 1,CEOs offer their views on the paper's future direction, content and styles
      2,986 words
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      193 9 5 r \<&-v .r ,r.• v c'-. -\'i*' < <■ A V. i BTCEOsc-Oub vi 1 yj 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 1 is a virtual one;
      193 words
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  • DINING OUT
    • Article, Illustration
      Lock icon Two distinctive culinary styles
      1299 10 NEW RESTAURANT Brasserie Wolf The Pier at Robertson, #01-13,80 Mohamed Sultan Road. Tel: 6835-7818 THE curse of the new, unknown restaurant is hard to shake. You can see it in the body language of people who pass by, approached by an eager face beckoning them to
      1,299 words
  • Page 10 Advertisements
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      42 10 v ..c,- t, m.«.. \m m v fl 9 Ki" Si A. L H H I I H H' H JRfl H< AN E-MARKETPLACE BROUGHT TO YOU BY CATS CLASSIFIED, SINGAPORE PRESS HOLDINGS. TO ADVERTISE, CALL 1800-289 9988 (OFFICE HOURS). W JP
      42 words
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  • TRAILBLAZERS
    • Article, Illustration
      Lock icon They've earned the respect
      1964 11  -  Focusing on how they made their mark in their respective business fields, SUKI LOR profiles some of Singapore's industry leaders SUKI LOR Property and shopping are national obsessions. Most Singaporeans own the homes they live in, and many aspire to upgrade to better ones. Property developers
      FILE PHOTOS  -  1,964 words
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      189 11 IVn& EiiMMfe- 1 """i. 1 J jjj^'' TlMigill til'"* JM^**®B| I Respect is earned not taken. For the S-Class, it also comes with awards. i :*•'*'*<" •'•■<-; -f •'.;>•■■?'. 1 I v Whether you're navigating traffic or powering down after an accident. The Dynamic multi-contour seats offer "Limousine of the
      189 words
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      18 11 V,<\ I') 1 1 1 1 v. !Hi |:t'sv j. |V m-| v. -ivV j I [)<• \)r\\ J
      18 words
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • Article, Illustration
      Lock icon Netting financial info
      774 12  -  To help starters access investment tips, RUCHIKA TULSHYAN lists some websites that provide financial education RUCHIKA TULSHYAN FOR most novice investors, investing may seem like a daunting task. From the jargon to the actual risk involved, it often seems like a hill too high to climb. For
      Summer Yeo  -  774 words
    • Article, Illustration
      Lock icon Blazing their own trails
      840 12  -  CAMPUS LIFE RUCHIKA TULSHYAN learns more about the 85 Broads programme from Ada Leow and Roxie Liao RUCHIKA TULSHYAN FOR 23-year-old Roxie Liao, the world is her oyster. Recently graduated from the National University of Singapore (NUS) Business School with an honours degree in business administration,
      ARTHUR LEE  -  840 words
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      330 12 I-Cube Corner I-CUBE is a unique collaboration by the investment clubs from the three universities, namely the National University of Singapore (NUS), Nanyang Technological University (NTU) and the Singapore Management University (SMU). I-Cube is conducting its Financial Treasure Hunt 2006, its keystone event which will kick-start a line-up of investment
      330 words
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  • SINGAPORE NEWS
    • Article
      Lock icon S pore hands Asean-CCI presidency to Thailand
      436 13  -  S'pore banker Wee Cho Yaw appointed as organisation's honorary president By CHEW XIANG THE private sector can take the lead to drive Asean economic integration, President S R Nathan said last night at a gala dinner to mark the transfer of the presidency
      436 words
    • Article
      Lock icon Tiger Airways hits 1.5 m passenger mark
      188 13 Bernama TIGER Airways, Singapore's low fare airline, has hit the 1.5 million passenger mark, five months after hitting its first millionth passenger in March this year. "We are absolutely delighted to hit our 1.5 millionth passenger mark, just before our second anniversary in
      Bernama  -  188 words
    • Article, Illustration
      Lock icon THE LONG SHOT
      100 13  -  by ARTHUR LEE EAGER punters formed long queues at many betting outlets over the weekend like this one at Bishan Street 13, trying their luck for a bite of the $5.5 million jackpot to be drawn this evening. But for most, it willjust be a dream the
      100 words
    • Article
      Lock icon Road closures for IMF-WB meetings
      318 13  -  By CHEN HUIFEN TO HELP ensure that the International Monetary Fund (IMF) and World Bank Group (WB) annual meetings here next month run smoothly, roads around the Suntec City and Marina Bay areas will be closed to traffic from Sept 10-20. Stretches of Nicoll Highway,
      318 words
    • Article
      Lock icon EVENTS LISTING
      218 13 DATE/ TIME EVENT VENUE 14-15 Aug The Asia Business Forum Marina Mandarin 8.00am China Tax Transfer Hotel Pricing 15 Aug iKMS 2006 Seminar Series Singapore Polytechnic 9.00am Leveraging Social Guildnouse, Event Networks Tor Knowledge Facility A Management 15 Aug EAI Seminar on Political EAI Conference Room, 3.30pm Ramifications
      218 words
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      296 13 STRATEGIC I I I -«#H W s jr- 1 i»**W J|[^^R£g!?9pSj'^k r I I, T < '^m i^^^^|hfetiflMtf{ Mffc We take learning beyond books. At PSB Academy's School of Business, you are encouraged to apply fresh and original thinking in solving problems. Our partnerships with renowned universities provide you with
      296 words
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      Lock icon Page 13 Advertisements Column 2
      122 13 FROST SULLIVAN Next.Generation BsAsia 2006 Forum for Telecommunications ms Seeking to Maximize Growth ugh Effective Network Development presentation on "2lst Century Networks -A Progress report!" by British Telecom Study m "Best Practices in NGN High level panel discussions featuring top Asia ftttlfic service providers such as P Telecom •Vietnam Post
      122 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Top economist joins China central bank policy panel
      303 14 Reuters [BEIJING] Prominent economist Fan Gang will join the Chinese central bank's monetary policy committee, the State Council, or Cabinet, said on Friday. He replaces Yu Yongding, whose two-year term as the committee's academic member runs out this month. The panel advises
      Reuters  -  303 words
    • Article
      Lock icon US economy 'on way to more sustainable pace'
      591 14 Treasury Secretary also repeats call to China to let yuan trade more freely Reuters NYT [NEW YORK] The US economy is in good shape, with growth moderating to a more sustainable pace from the rapid expansion in the early part of the
      Reuters; NYT  -  591 words
    • Article
      Lock icon World Bank scraps Indon loans after graft scam
      225 14 AFP [JAKARTA] The World Bank has exposed corrupt practices linked to three loans for infrastructure projects in Indonesia, cancelling them and demanding millions of dollars in refunds, a report said on Saturday. In a letter to Finance Minister Sri Mulyani, the bank
      AFP  -  225 words
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      119 14 %K^flHßßn^9H^H^9lH^HiM^' 1 .9HH§9fl *C if*'* 1 JmBHI ;i £»»■s!?* *1-■• mll *■^'"''9^BE^£v^%um9lllHl^^k9B^E2& Jfiura 'Ji > t.i *pBWB*— jiia^WiBo 1 f J§£ gS hlbt > .Mr/^^(Mppaai|Bp!33||^y 'ißr 1 I :^H[if H t ICTM«i&* i »y IpNi >;«.i- t .-A v j i i fl'WrlilHnir *->;f^f,,'l'-. I 41 -1 v >v |T5?-'
      119 words
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      5 14 I VMtalßlOa IIwVM SOtlllU' H
      5 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon A window for S'poreans in Johor MSC?
      648 15  -  MALAYSIA INSIGHT PAUUNE NG KL Correspondent JUST a fortnight after he announced a broad outline for the planned development of the South Johor Economic Region (SJER), Malaysian Prime Minister Abdullah Ahmad Badawi is all set to unveil the technology portion of the initiative.
      648 words
    • Article
      Lock icon KL scraps RM1.5b incinerator project
      509 15  -  Policy reversal set to spark battle over compensation for invested monies By S JAYASANKARAN in Kuala Lumpur IN a widely anticipated move, the Malaysian government has given notice to terminate a RM1.52 billion (Ss6so million) project to build the region's largest incinerator. Businessmen familiar with
      509 words
    • Article
      Lock icon Indon workers seen remitting US$20b over 5 years
      144 15 AFP [KUALA LUMPUR] Indonesians working overseas are expected to send home US$2O billion over the next five years as their importance to Indonesia's economy grows, the country's labour minister said. Manpower Minister Erman Suparno said there were 2.7 million Indonesians currently working
      AFP  -  144 words
    • Article, Illustration
      Lock icon Dr M out to oust Abdullah, says minister
      434 15 engagements. AFP. Bernama [KUALA LUMPUR] Former Malaysian premier Mahathir Mohamad is out to topple his successor Abdullah Ahmad Badawi as fears grow over divisions in the ruling party, reports said yesterday. Influential cabinet minister Nazri Abdul Aziz, citing information he had gleaned
      engagements. — AFP. Bernama  -  434 words
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      327 15 In the Matter of the Companies Act, Cap. 50 And In the Matter of Stable Kingdom Pte Ltd (In Members' Voluntary Liquidation) (Co. Reg. No. *****6604G) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50, the Final Meeting of the
      327 words
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      318 15 Discover everything you need to know about China Business policies A Tan Lay Hong wrote the 2003 book Present state of China's Foreign Investment Regime "China Business Law: A Guide for Lawyers and Entrepreneurs" and has Recent changes to China's land Laws «SUct s 'L' usin LOW 2005 amendments to
      318 words
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      Lock icon Page 15 Advertisements Column 3
      91 15 I 1 "i'" v i.^rr^qMWMSm. m j. L, *i > i"" H j J' lilf V-i-Verigy a new premier semiconductor teet'<jii^tofe::Sff P •Jfs^jSßSfc»«6 Building from the roots of Hewlett-Packard and the sUongllw of Agilent ',<: Our technology and innovation in scalable platform architecture shortens time to market ]^1 lowers the
      91 words
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  • GREATER CHINA
    • Article, Illustration
      Lock icon Air China's IPO cutback points to growing investor jitters
      638 16 Concern over capital flows drying up as new issues flood market AFP [SHANGHAI] The scaling back this week of Air China's planned one-billion-dollar initial public offering (IPO) is a reflection of investor jitters over the market's ability to absorb a raft
      AFP; AP  -  638 words
    • Article
      Lock icon Shanghai ready to build US$3.75b Disney park
      266 16 AFP [SHANGHAI] Shanghai has begun to prepare for a U553.75 billion Disney theme park, an official said last week, signalling that the city is confident it can win the central government's approval for the complex. "Everything is in the stages of early preparation,"
      AFP  -  266 words
    • Article
      Lock icon Glencore to buy stake in China aluminium giant
      406 16 Bloomberg [BEIJING] Glencore International AG, the world's largest commodities trader, will make its first aluminium investment in China, buying a stake in the nation's second-biggest producer to tap rising demand for the metal. The company signed an initial agreement to buy shares
      Bloomberg  -  406 words
    • Article
      Lock icon HK's push for GST sparks early protests
      595 16 AP [HONG KONG] Hong Kong has long been a world-fa-mous shoppers' paradise but some fear the golden credit-card-swiping days will soon end if the government pushes through a proposed 5 per cent tax on goods and services (GST). It's already shaping up to
      AP  -  595 words
    • Article
      Lock icon Shenzhen mandates use of solar power
      223 16 AFP [BEIJING] The southern boomtown of Shenzhen has set an example in energy saving for power-hungry Chinese cities by mandating the use of solar power in new housing construction, state media reported on Friday. The law, the first of its kind in China, will
      AFP  -  223 words
    • Article
      Lock icon China warns hot sectors of financial risks
      254 16 Reuters {BEIJING] China's top banking regulator has warned the energy, steel, real estate, and transport industries against financial risks as the government seeks to cool rapid economic growth. Liu Mingkang, head of the China Banking Regulatory Commission, warned the sectors against credit, market
      Reuters  -  254 words
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      813 16 1 AXIS SYSTEMS HOLDINGS LIMITED (Incorporated in Bermuda on 29 July 2002) (Company Registration Number *****) NOTICE IS HEREBY GIVEN that a Special General Meeting of Axis Systems Holdings Limited ("Company') will be held at, Copthorne King's Hotel Singapore, 403 Havelock Road Singapore *****2 on 5 September 2006 at 11.00
      813 words
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  • INDIA
    • Article, Illustration
      Lock icon Soda row may turn away investors, US warns India
      653 17 COLA WARS [WASHINGTON] As CocaCola and PepsiCo lose their fizz in India, the US government and business leaders are warning of potential fallout on investment in the booming country of a bil-lion-plus people. The soft-drinks giants are suffering a publicity nightmare
      AFP; BLOOMBERG  -  653 words
    • Article
      Lock icon India's inflation under control, says minister
      278 17 Bloomberg [NEW DELHI] India's finance minister Palaniappan Chidambaram said inflation is under control and will remain at about 4.5 per cent given the pace of economic growth and because prices of most farm products are stable. "The steps announced have had their impact to
      Bloomberg  -  278 words
    • Article
      Lock icon Stricter product standards for Pepsi India
      345 17 It agrees to regulations on pesticide residue levels; works on testing methods [NEW DELHI] The Indian subsidiary of PepsiCo Inc has finally bitten the bullet and announced that it is willing to accept standards for pesticide residue in cola, the Economic Times said. This
      345 words
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      82 17 Diners Club Card roW»<«#64i6o9Bo jnH| A WorIA of Exclusive Privileges Treats Diners Club www.Jiners.com.sg V—JF International BIRD'S EYE VIEW OF TENDER JOBS Check out the most comprehensive collection of tender notices in CATS Notices in The Straits Times. notices Kinara Restaurant W I 24 Lorong Mambong, Tel: 6467 4101 57
      82 words
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      113 17 TRAVELGOLF& VOYAGERTRAVEL TRADEWINDS LEISURE SERVICES (tuM» I PTE LTD (twirl (tMW TOURS TRAVEL 6227 2822 6476 0049 6332 1522 *****822 y Surpassing the C CREEK S Vef y 6eSt °fNZ >s Sauvignon (BCancs to* 90 Points, Smart Buy Highest rated wine in the yNew Zealand Australian category March 2006 Wine
      113 words
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      14 17 cafebiz Lobby Level, Traders Hotel, lACuscaden Road, Singapore *****6. For reservations, call 6831 4374
      14 words
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  • WORLD
    • Article, Illustration
      Lock icon Israel and Lebanon agree to ceasefire: UN
      583 18 Lebanese meeting on disarming Hezbollah postponed Reuters. AFP IBEIRUT] Israel and Lebanon have agreed to a ceasefire, the United Nations said, but fighting was continuing in the hours before the truce was to take effect at 0500 GMT today, "t Clouding the prospects
      Reuters.; AFP; AP  -  583 words
    • Article
      Lock icon Nervous investors depress stocks
      811 18  -  WALL STREET INSIGHT By ANDREW MARKS in New York A WEEK that began with an emphasis on nervous hopes for an end to the Federal Reserve's interest rate hikes, and chairman Ben Bernanke's ability to guide the US economy to a so-called soft landing ended with
      811 words
    • Article, Illustration
      Lock icon At least 4 attacks thwarted since London blasts: UK
      431 18 UK TERROR PLOT [LONDON] Britain said yesterday it had thwarted "at least" four major terror attacks since the July 7 transport bombings in London last year, while up to 24 separate threats were under investigation. Police had swooped on key suspects
      431 words
    • Article
      Lock icon Apple appeals to Nasdaq to keep stock listed
      522 18 Company delays result filing as it probes option grant irregularities LATWP. AP [NEW YORK] Apple Computer said on Friday that it would appeal to Nasdaq officials to keep the company's stock listed on the exchange while a probe into the timing of
      LATWP.; AP  -  522 words
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  • AVIATION
    • Article, Illustration
      Lock icon Heathrow scraps nearly a third of flights
      543 19 UK TERROR PLOT Airlines slam airport operator for not coping with new security checks AP [LONDON] Airlines cancelled almost a third of flights from Britain's busiest airport yesterday, plunging travellers into a fourth day of travel chaos triggered by an thwarted alleged airplane
      AP; REUTERS  -  543 words
    • Article, Illustration
      Lock icon Security moves hurting air travel, say airlines
      332 19 BAA blamed for not investing enough in security systems AP [LONDON] Airlines have warned the British government that the country's air travel is grinding to a halt because of tough new antiterror security requirements. British Airways and Ry- anair at the weekend cancelled
      AP  -  332 words
    • Article
      Lock icon New security raises long-term staffing at US airports
      662 19 AP [WASHINGTON] The ban on carrying liquids and gels onto airliners will continue indefinitely, raising questions about whether there are enough airport screeners to do the added work. The restrictions are part of tighter airline security ordered by the Transportation Security Administration
      AP  -  662 words
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      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      616 19 0T? HJMTT IT* PUMTT WD war -tqjb WTO W, IS! 1 Hi il l Mirfrtri S4U (BA ™=t j&W !Z5 kmiiwimm j jj" j"! jjj [s^s 1 sjiiiiiij Illil PS iiii I4» F <Sfi8 :?C IHB5 TM43 1505 TWO 0635 68 Ifl Mw"' VNZ41 |«5 |W5
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  • Page 19 Miscellaneous
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      186 19 CRYPTIC CROSSWORD 2 Was intimidated on a Wednesday (8) in river (10) YESTERDAY'S SOLUTION 3 Neon? (8) 17 Blamed revolutionary leader Across: 1 Septuagenarian, 9 Con--4 Fuse to come into contact inside who was condemned sign. 10 Wipeout, 11 Emir, 12 weekly perhaps (10) to misery and destruction (8) Neer-do-well,
      186 words
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  • SHIPPING
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      Lock icon Piracy is still troubling the shipping industry: report
      585 20 Industry fears revival of attacks though current situation has improved ILONDON] Piracy is still troubling the international shipping industry, says a report in the Financial Times. The paper pointed out that when pirates attacked the US cruise ship Seabourn Spirit off Somalia
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    • Article
      Lock icon BP books supertankers to plug Alaska oil loss
      206 20 Reuters [LONDON] BP has booked two large oil tankers from West Africa to the US Gulf, one with US West Coast options, in an effort to plug any oil supply shortfall in Alaska, shipping brokers said last Thursday. Last Wednesday, shipping industry
      Reuters  -  206 words
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      Lock icon Panalpina beats forecasts with 58% profit hike
      217 20 Reuters [ZURICH] Swiss logistics firm Panalpina beat expectations with a 58 per cent rise in net profit in the first half of the year, boosted by growth in all its regions and painting a rosy picture for the second half. Net profit came
      Reuters  -  217 words
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      Lock icon TUI says annual profit will decline on shipping costs
      731 20 Bloomberg [FRANKFURT] TUI AG, Europe's largest travel company and the owner of the Hapag-Lloyd AG shipping line, said profit will drop this year because of higher shipping costs. Earnings before interest, tax and amortisation excluding acquisitions and divestments will fall short
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      Lock icon STOCKS ASIA
      3042 20 Transaction date: Aug 11 For a full listing of the closing prices, log on to BT Online at http://business-times.asia1 .com.sg after 11.30pm every trading day HONG KONG Vol Data "9 Intnl Power One ...5.04 -0.01 5216 HK$ '000 Denway Motors .2.45 -0.01 ***** Digital China 251 0.01 2415
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  • Article
    Lock icon SINGAPORE STOCKS
    11735 21 STRAITS TIMES INDEX STOCKS Stock nam* Wt Oom Chang* Stock name Wt Oom Chang* Stock name wt do** Chang* Allgreen 50c 0-29 1.290 +0.030 HyfluxSc 0.33 2.060 -0.020 STEngglOc 1.76 2.790 -0.010 Ascendasreit 0.99 1.940 -0.020 JMHUS25c400 322 18.100 -0.100 STAT5ChP25c 0.78 0.915 +0.0«5 BIUnt1US20c 0.42 1.430 -0.010
    11,735 words
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  • Article
    Lock icon FINANCE & COMMODITIES
    6022 22 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES kttecalcOT taS$ taUSS dy X ft dy yr tfy Xyr Aug Ind— Q>«ng» Oxng» Q»»ng« Oxng« Changa Oxngt WortdlndBtfttlirrwary 9845 -0J IS 0,1 -OS -03 4.8 tEAfEPretinnnarY 992.9 -01 2j0 02 33 -02 8.8 Europe PMiminay 1329.9 Ofl 32 0.4 6.7 0.0 12.5
    6,022 words
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      1513 23 UK CONTINENT SERVICE U.S.A SERVICE Destination Destination EVGENIA RDM/ATW/BMN/TIB/NAN SEAFRIEND CAM/NFK/SAV/NCX HANJIN PENANG lAX/VCW/MZL load, E./W. Moby*,. u««b E./W. Malayva, lr«Wio MIDDLE-EAST SERVICE REJS.EJL SERVICE Destination PAN BRIGHT DBI/ABU/DOH/BRN/DMM/KWT Destination VOYAGER V DBI/ABU/DOH/BRN/DMM/KWT STX POTBN INC/BSN GLOBAL MOKPO DBI/ABU/DOH/BRN/DMM/KWT PAN DYNAMIC JDH/AQA Loads Singapore, E./W. Malaysia, Indonesia Loads E. Malaysia,
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      529 23 VBSa/VOT MWT) HBGHIP) KG KM KB Ml JW OUVUO2 5 4 17/ M STIMTSVBnueiS/M 1} 3.2 17/ M 20/ M 24/01 2VW 31/01 srorcmmiitw* I is I 3j oi/w I I AUWIAUANtOtOWBVia 1 mmrm |iM>im|i—P»| m tm m sn m mm r 1a HGBS L£ADOt/DC3 SO 4J 1717/07 31-31/#7 W-OJ/M
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      1309 24 -I WAN HAI MTERNAHONAL PIE LTD a NOt 14M*****00/R WAN HAI LINES V v lIWII llnl ■lllkv fttT0:(03)*****141NUb(03)*****244P8118:(04)2245*00HUL(04)*****99 V WMfclWSWmMfcfWtHI Wi«s«tt|Bl)»!nV»UK www Wfllhli cim <■ JKTIH: 1021)S2S41MMX: 1021)S2S47MPIMTCL7143W/71A311 FAI *****9 41»;)461)4157»43HUfc<061)*****15/*****09 I~«m HM23I mi 15/01 iwi ii/ 5 55"1Sh5'~hS 24/04 SS siTn I WMHM2I3 *167 21V04 22/01 22/04 27/01 24/04
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      978 24 trl EASTERN CAR LINER, LTD SPIOAIiZI IM ROUP ft HEAVY LIFT UPTO 450 TOWS IMTU-ASUSOVKE I VOY I Rav I UHtai I SM TFT PKL|N) PU(W) |nM|jKT|ia|MU|sW|MUjini ■EST PESCADORES 7 50 15/00 I iW "W OM I SfttmETttNA "IB —H iV/j —t S7H —878 MIUIOMT 4 z 30 20/0» I
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      21 24 PLACE YOUR AD HERE The Business Times Shipping Times CALL MICHAEL CHNG AT 9362 9865 OR BERNARD CNG AT 9675 0002
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      820 24 WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICQ POINTS vpsa vot sw pjqang couhmo hs«va amm HOWIAH IBD6E OOS4W OTAUG 10 AUG 13 AUG It AUG 20 AUG HOTAfBWM YfWOtl ISAU6 It AUG It AUG 22 AUG 26 AUG INDIRA GANDHI OIO6W 72 AUG 23 AUG
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      730 25 19 Nordana (Asia) Pte Ltd SS' BS9 70SliMtM Way, #21-03 Marta Hons# Stagers *****1 NORTH WEST EXPRESS LINE MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS DATS ARE ARRIW DATS 1 I VOY I SiNHHW Dwgta 55 Z&MfWwrf I ftfrlpfMlM bass m I 2/Jul 31 Jul WAub 2Ua alum ML EM
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      645 25 $ij UJJUAUi wi 17/01 -mum T7 5B w fm uuumi wn wia #m ~sr ST 53 v 177 ti7B nrmra tot im H7n muMk ffltt jgf jgjj miuiui mm rrm wag out -rctwjt —TsB ww pKHI? S E'liii gTi'i f] IHKKMBMTVMT lit M/M M/M M/M UOT MM 1010 I OS/Of
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      432 25 CONVENTIONAL SERVICE LOADING FOR LOADING FOR LOADING FOR COLOMBO-RORO COLOMBO MUMBAI 22 AUG 15 AUG 22 AUG LOADING FOR DUBAI/DAMMAM 28 AUGUST I GLORY NAVIGATION GROUPI I SINCt 1970 I I OWNS Oi OPERATES THE YOUNGEST FLEET I WITH FOURTEEN 7,000 DWT TWEEN DECKERS COVERING a I THE ENTIRE ASIA
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  • THE BUSINESS TIMES SHIPPING TIMES
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      Lock icon THE BUSINESS TIMES SHIPPING GUIDE EXPORT
      6728 26 This ETA ETA AdwHw Vlml Voyage Tdtphom ETA ETA AJmthai Viml Voyage Tatapbta* SM OmTb Mm Nmm Naabar featar MM Buft M—« II— M—tar «■■>* 30/08 20/09 China Shpg HELECONIA 275W *****698 To ABIDJAN (ABJ) 2003 Cote D'lvoire To FREMANTLE (FRE) 2130 Australia 111*
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  • BizIT
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      Lock icon Strong double-digit growth for Cisco in S'pore
      771 27  -  Its 24% fiscal 2006 growth driven by SME, banking and finance sectors, AMIT ROY CHOUDHURY learns AMIT ROY CHOUDHURY CISCO Systems, the worldwide leader in networking systems for the Internet, posted growth in Singapore well above the company average in its just-ended fiscal
      771 words
    • Article
      Lock icon Cisco eyes govt's iN2015 initiative
      370 27 CISCO Systems is eyeing the government's Intelligent Nation 2015 UN2015) initiative to further business here. Craig Gledhill, the company's Singapore and Brunei managing director, told BizlT that Cisco has boosted its executive team in Singapore to "focus its abilities to supporting the Singapore government's iN2015
      370 words
    • Article
      Lock icon Telstra still keen on fibre-optic plan
      311 28 Reuters [SYDNEY] Telstra Corp, Australia's top phone firm, would still build a high-speed fibre-optic broadband network if it could get a good enough return on investment, its chief said just days after dropping the project. The network was to have been a centrepiece of
      Reuters  -  311 words
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      Lock icon Storage networking centre planned here
      662 28  -  Industry body SNIA will also train storage networking professionals By AMIT ROY CHOUDHURY THE Storage Networking Industry Association (SNIA), an industry body dedicated to advancing the adoption of storage networks, is planning to set up a technology centre in Singapore. The SNIA chapter for South
      662 words
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      Lock icon Kingston tunes in to media player segment
      371 29  -  K-PEX plays music and videos and can even store and view text documents By WINSTON CHAI KINGSTON Technology has become the latest memory giant to take a stab at the cutthroat consumer market for portable media players. The company, better known for making
      371 words
    • <what's up>
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        Lock icon Microsoft names new regional head
        60 29 MICROSOFT has promoted Emilio Umeoka to be its vice-president of the Asia-Pacific region. The move will see Mr Umeoka relinquish his former role as the general manager of operations in Brazil. He replaces former Asian helmsman Eduardo Rosini, who has been posted to the US
        60 words
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        Lock icon CA to host IT governance seminar
        59 29 IT security specialist Computer Associates (CA) will hold an IT governance seminar tomorrow. To be held at the Pan Pacific Hotel, the event will feature presentations from CA experts on strategies for better IT governance and how these can be effectively integrated into an
        59 words
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        Lock icon Deloitte looks for Asia's top tech firms
        73 29 THE search for the region's top IT firms has begun with Deloitte opening nominations for its annual Technology Fast 500 Asia-Pacific rankings. Into its fifth year, it aims to identify the fastest-growing Asian tech companies based on revenue growth over the past three
        73 words
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        Lock icon Seminar for startups and SMEs
        64 29 THE National University of Singapore's Entrepreneurship Centre is organising a seminar aimed at startups and SMEs on Aug 25 at the Science Park Auditorium. It will feature presentations on various aspects of business operations. These include how companies can increase the value of their intellectual
        64 words
      • Article
        Lock icon ITE gets training boost from IBM( Intel
        83 29 ITE gets training boost from IBM Intel IBM, Intel and the Institute of Technical Education have set up a new training facility at the ITE's campus in Simei. Established at a cost of US$3OO,OOO, the ITE-IBM System x Training centre aims to train students and develop prototypes of critical enterprise
        83 words
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        Lock icon Motorola rings up young developers
        68 29  -  Compiled by WINSTON CHAI MOTOROLA has launched a mobile applications development competition geared towards local tertiary students. MotoDev J2ME Developer Contest requires students to propose and create applications for Motorola phones in one of four categories: enterprise applications, consumer applications; social/community applications and new economy
        68 words
    • <what's new>
      • Article
        Lock icon Tandberg sharpens videoconferencing tools
        84 29 TANBERG has introduced a new range of high-definition (HD) videoconferencing systems which allow users to collaborate via crystal clear video and CD-quality audio. The new offerings include the Centrix 1700 MXP, a 20-inch monitor with a built-in camera for video calls. In addition, it also unveiled
        84 words
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        Lock icon Aztech boosts Wi-Fi coverage with new add-on
        108 29 SINGAPORE-BASED communications gear maker Aztech Systems has taken the wraps off the HLIOSEW 85Mbps Wireless LAN Extender, a new device which allows users to extend the Wi-Fi coverage to all corners of their homes or offices. It works in conjunction with the firm's
        108 words
      • Article
        Lock icon Sony Ericsson goes for class with new clamshell
        111 29 SONY Ericsson has unveiled the Zssoi, a clamshell handset that boasts of a classy exterior with its brushed metal and high-gloss finishings. The new phone is equipped with a 1.3 megapixel camera with 4x digital zoom, complemented by an onboard memory of
        111 words
      • Article
        Lock icon Asus toughens security with new business notebooks
        105 29 TAIWAN'S Asus Technology has launched its new VIJ series of business notebooks with enhanced security features. Aimed at mobile professionals, the new 15.4-inch laptop is equipped with a built-in fingerprint reader as well as an on-board security device which encrypts sensitive data like
        105 words
      • Article
        Lock icon New service promises cheaper console gaming
        118 29  -  Compiled by WINSTON CHAI INSTEAD of splurging on brand new console games. Play! Entertainment has launched a new service which allows gamers to exchange their titles with others for as little as $8. The service is available to customers who purchase new games from
        118 words
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      96 27 STORAGE NETWORKING CENTRE PLANNED Industry body SNIA will also train storage networking professionals. PG 28 Applications "Unlimited" &lt; A.- in'.' ri Oracle Siebel People Soft JD Edwards 1• Continued New Releases Customer Driven Product Roadmaps I Dedicated Development Teams No Forced Migrations t 4 r.. 1 t V Get better
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      346 28 e @®DQOGO®CD© issssssET., 1 WHB backing up data? Af J A. Canon's iW Document Manager UTIT offers an easy and effective way TedMatsumoto to backup and restore your data, aw Diagnostics AeMsor something which is critical for business continuity. You have an Q. How can we combine multiple "p* oo
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      154 28 WHATEVER HAPPENED TO THE PAPERLESS OFFICE? Is the paperless office a hype or reality? Can we handle a paperless office, or is it an office with less paper that we want? How can one achieve productivity improvement, cost reduction and other benefits? Find out how to manage your paper trails,
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      533 29 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF JANJET TECHNOLOGY PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) Co. Rag. No. *****148 D At an Extraordinary General Meeting of the Members of Jan jet Technology Pte Ltd duly convened and held at Equity Plaza 20 Cecil
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  • Article, Illustration
    Lock icon More than an ICT company
    1249 30 ADVERTISING FEATURE Dual-use technologies benefit both defence and commercial users SINGAPORE Technologies Electronics Limited (ST Electronics) has a strong association with defence electronics. This is not surprising considering the company's solid background and contributions to the defence industry. ST Electronics is the electronics arm of
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    Lock icon A culture of innovation
    300 30 RESEARCH and development (R&D) and innovation are very much part of the ST Electronics' culture. Spurred by a bdlief in creating value for customers, 1 this spirit of innovation has resulted in a number of products and solutions that are the first of their kind. Together
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    Lock icon Delivering complex solutions around the world
    492 30 AS part of its expansion drive, ST Electronics has brought its expertise in delivering complex solutions to customers around the globe with resounding success more than a third of its revenue now comes from outside Singapore. The globalisation strategy has benefited governments and organisations
    492 words