The Business Times, 16 October 2006
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2006-10-16
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The Business Times
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Title Section26 2006-10-16 1 THE BUSINESS TIMES Hth ANNIVERSARY JD SINGAPORE 85 cents online at http://business-times.asia 1 .com.sg 1 A SINGAPORE PRESS HOLDINGS PUBLICATION MICA (P) 099/03/2006 Monday, October 16,200626 words
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1005 2006-10-16 1 CONRAD TAN - But for first 9 months of 2006, equity capital deal volume nearly doubled over same period last year By CONRAD TAN [SINGAPORE] Equity capital market activity in Singapore took a dive in the third quarter compared to the frenzy of share offerings1,005 words
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Article131 2006-10-16 1 MARKETS Week Chge STI .2666.68 +17.38 KLCOMP 983.54 +12.56 NIKKEI 225 *****.54 ....+100.48 HANG SENG *****.86 +85.47 SET INDEX 712.05 +17.45 JAKARTA COMP ...1572.20 +22.57 MANILA COMP ....2557.25 -2.97 TAIPEI TAIEX 7076.85 +79.61 SEOUL COMP 1348.60 -3.40 SHENZHEN B 326.05 AUSTALLORD 5253.90 +75.60 DOW JONES *****.51 ....+110.30 NASDAQ131 words
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619 2006-10-16 1 CHUANG PECK MING - By CHUANG PECK MING [SINGAPORE] Singapore maintains the lead as a hub for Asia-Pacific and regional jobs despite growing competition from China, but it's falling behind in salary compensation as the war for talent hots up, according to a survey619 words
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Page 1 Advertisements
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Advertisement10 2006-10-16 1 B] DINING OUT Going giddy over t white truffles 81110 words
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Advertisement40 2006-10-16 1 CAMPUS LIFE Netting cash from fish tanks PAGE 14 BT ONLINE BT print subscribers get free access to the Business Times Online. To activate your account, log on to http7/business-times. asial .com.sg. For more information, e-mail btocs@sph.com.sg or call 6388-3838.40 words
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Advertisement45 2006-10-16 1 HP pulling out the stops for SOE bid y> *$4, -<A z»«•» 9 ENERGY SECURITY Looking at alternative fuel sources I I I I I Ln'i; TT* I I *r_ 4 H' J »-JW> I uB1 1 M Iff mm! I r 1 iijiijffjyrjrMLX M45 words
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TOP STORIES
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Article435 2006-10-16 2 BNPgets clients to raise hedge fund exposure DESPITE instances of high-profile collapses of hedge funds, BNP Paribas Private Bank has been actively getting its clients to increase their exposure to such alternative investments. It sees the inclusion of hedge funds in a portfolio of traditional assets, like bond435 words
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Article, Illustration627 2006-10-16 2 ANTHONY ROWLEY in Tokyo - Essential trade will continue as Beijing, Seoul don't want a regime collapse By ANTHONY ROWLEY in Tokyo DESPITE the ring of steel which the UN sanctions imposed at the weekend on North Korea appears to erect around the already beleaguered country,AFP - 627 words
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Article108 2006-10-16 2 [SINGAPORE] Singapore has expressed its support for the UN Security Council's sanctions on the Democratic People's Republic of Korea (DPRK), or North Korea. In a statement yesterday, the Ministry of Foreign Affairs said: "Singapore welcomes the United Nations Security Council's unanimous approval of Resolution 1718 on108 words
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Article252 2006-10-16 2 Reuters THE United Nations Security Council imposed financial and weapons sanction on North Korea on Saturday to punish Pyongyang for its underground nuclear test last Monday. The vote was a unanimous 15-0. The highlights: Urges countries to take "cooperative" action through inspection of cargo to andReuters - 252 words
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Article, Illustration560 2006-10-16 4 LESLIE YEE - It's aiming for up to 25% allocation for private bank portfolios By LESLIE YEE [SINGAPORE] BNP Paribas Private Bank (BNPPB) has been actively getting its clients to increase their exposure to alternative investments such as hedge funds says Michel Longhini, chief executiveFILE PHOTO - 560 words
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Article, Illustration569 2006-10-16 4 Reuters [NEW YORK] Several companies in the past six weeks have bemoaned "market conditions" and withdrew their initial public offerings (IPOs), suggesting that some investors remain cautious despite a rally in the US stock market. Since the beginning of September, seven companies haveReuters; BLOOMBERG - 569 words
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Article, Illustration926 2006-10-16 4 OH BOON PING - By OH BOON PING (SINGAPORE] Regional demand for retail hedge funds may have been slow to take off, but that is set to change, according to hedge fund management firm Permal. Indeed, its regional managing director Bo Kratz told BT in a recentFILE PHOTO - 926 words
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Advertisement261 2006-10-16 2 people Corporate matchmakers. Www thrtpeopleatwork.com Asia-Pacific Executive Search ARE YOU A FLOATER OR A SINKER? If your diet has sufficient fibre your stool should be a C-Lium® Fibre is pure psyllium fibre plant material. It floater. However if it's a sinker, you might not be eating assists in promoting bowel261 words
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Advertisement76 2006-10-16 3 'W$ 9 T- V 1 I 'i •mr *!>-', ?>' '< v -\r>-?:■■■•■-■: V" "\?y. \\v'v *f'•.',•.' r A i DTD Port of Tanjung Pelepas M RELIABLE EFFICIENT ADVANCED f V r ,-V' "< i i -4*" .a, i 1 i v 1 M. i >i-{ r 111 r iM'n''"Pi76 words
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Advertisement74 2006-10-16 4 t g|j| Elvani has great passion in furnishing y jijjj, homeowners with the latest and trendiest tII\A2HI hilfl Italian style kitchens and wardrobes. uniquely yours! .(ssssiwea^■'zitimmmw- i,~ f For us to serve you better, please call v ra p^ rs na v e^' n 9 j ,fours i iowroorn fINL74 words
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COMPANY NEWS
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Article, Illustration587 2006-10-16 5 NANDE KHIN - It pays $212m for 50% stake in properties next to Clifford Pier By NANDE KHIN OVERSEAS Union Enterprise (OUE) has taken back full control of Overseas Union House and Change Alley Aerial Plaza ahead of tomorrow's closing of the government tender forFILE PHOTO - 587 words
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446 2006-10-16 5 MATTHEW PHAN - By MATTHEW PHAN DAYEN Environmental expects a surge in overseas revenues to help bring about a recovery in revenues for the coming financial year, though full-year revenues for the year ending Sept 30, 2006 will "definitely" be lower than revenues earned in FY2005, its446 words
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Article, Illustration716 2006-10-16 6 VEN SREENIVASAN - Listing of Swiber will lift its underperforming stock: observers By VEN SREENIVASAN "MY challenge is to build as many boats as possible in the shortest possible time," says Alex Yeo, chief executive officer of Swissco Inter- national. "We operate in the spot716 words
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Article, Illustration801 2006-10-16 7 CONRAD RAJ - HOCK LOCK SIEW By CONRAD RAJ IT'S ONE of those paradoxes of life. High interest rates may be good or bad for you, depending on whether you are a depositor or a borrower. For savers, interest rates can never be high enough, whileFILE PHOTO - 801 words
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Advertisement458 2006-10-16 5 MOVING UP WITH SYNTHETIC LEATHER ff <r VV.:'V ±t.. Rising affluence in China has led to an increased demand for synthetic leather which is used in a myriad of lifestyle goods. Coupled with the awareness of the importance of wildlife and environment protection, Synthetic leather has increasingly been seen as458 words
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Advertisement245 2006-10-16 6 FREE*9 $120 FOR HIM Spa vouehara with tvtry copy purchaaad. ExcluaNa atSPCI MAXIM I HOME OF TNI PLANET'S SEXIEST WOMEN NOVEMBER ISSUE OUT NOW! iPHmttgagineo •^■^HKMMBB I'wj EVERY CHILD CAN I I PUSH THE BAR OF II EXCELLENCE. It E/3HHI GIVE SYAHID THE X MUM I LIFT HE NEEDS. V245 words
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Advertisement62 2006-10-16 6 Get your favourite source of news from SPH's range of newspaper publications while in Jakarta, Indonesia! Straits Times, The Sunday Times, Business Times and Lianhe Zaobao TJ Commercial Services J,n Surya Permata 111 N0.47 ¥l Sunrise Garden Jarkarta Barat 021 *****26 021 *****532 Lo °k out for more news agents62 words
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Advertisement341 2006-10-16 7 Q: What is "Global Wealth Structuring" (GWS)? A: It is planning how to hold your assets to preserve, protect and ultimately transfer the value of your life's achievements to the people and causes you care for. GWS helps clients understand potential tax liabilities, anticipate possible legal issues and examine alternatives341 words
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Advertisement411 2006-10-16 7 KM Return the completed questionnaire to us through one of the following ways by 3 December 2006: Mail: Singapore Press Holdings, Marketing Planning Development (Research) Department, 1000 Toa Payoh North, Singapore *****4. Fax: 6319 8180 Online: Alternatively, you can complete thequestionnaireatwww.asiaone.com/AIA To qualify for the lucky draw, please ensure that411 words
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SINGAPORE MARKETS
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Article, Illustration1421 2006-10-16 8 TEH HOOI LING - TEH HOOI LING Senior Correspondent Following the submission of bids for Singapore's integrated resorts, the market again turned its attention to stocks which may turn out to be likely beneficiaries. And the play last week was on construction companies and second-tier property counters. Stocks1,421 words
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Article, Illustration1238 2006-10-16 8 ROBERT HALILI - INSIDE MARKETS By ROBERT HALILI jjtm ORPORATE shareholder activity fell last week with only 57 trades worth $32 million done, based on filings on the Singapore Exchange. The figures were sharply down from the previous week's 79 transactions worth $51 million. Buyers wereAUSSINO - 1,238 words
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Article, Illustration751 2006-10-16 9 R SIVANITHY - Index at an all-time high what does it really mean? STOCKS Of the 709 SGX-listed stocks, only 4.5% hit all-time highs on Friday R SIVANITHY Senior Correspondent ALL-TIME highs are wonderful things. Apart from being much eagerly anticipated it took six years for the Straits Times Index to cross its751 words
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254 2006-10-16 9 CURRENCIES AFP [HONG KONG] Asian currencies plunged against the dollar in the wake of North Korea's declared nuclear test, but recovered strength later in the week as market jitters eased. Japanese yen: The yen bounced back from a 10-month low against theAFP - 254 words
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Article779 2006-10-16 9 t» iMtn r»» h|«wl Ea Into Pay ISBt— 40t_ KM daaa da» 4a4a Ad»anoeSCT OW 62 to 0?to 22to LCDev fa 050 03to 0»to 21 to AmtoEngg I ISO O'lto lOto 22 to Ussownlrill r OR MOa 270a lOto ASlMmn* b 1*TI 7k oa 31 Oa lOto UunTtck779 words
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Article147 2006-10-16 9 AFP [LONDON] The prices of lead and nickel rocketed to historic peaks last Friday as the base metals faced critically low global stockpiles and fierce demand from China. Lead prices reached U551,517, the highest reading since the metal began trading in London in 1953. TheAFP - 147 words
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Article, Illustration1825 2006-10-16 9 Consensus No.of Forecast Mean Fri's Consensus No.of Forecast Mean FiTs recommendation esti- EPS PE target price recommendation esti EPS PC target price Company name This wk Last mth mates (cents) (ratio) price Company name This wfc Last mth mates (cents) (ratio) price Advanced Holdings 2.00 2.00 2 5.851,825 words
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Advertisement15 2006-10-16 9 SINGAPORE INSTITUTE OF MANAGEMENT Xni Ualvarslty at Baffala M 9 The State University ofNew York15 words
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VIEWS FROM THE TOP
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Article, Illustration3373 2006-10-16 10 THIS WEEK'S TOPIC What would you like to see in the Sentosa integrated resort? Of the three bidders, who would you be putting your money on, and why? THE Sentosa IR is a family-oriented resort compared to the Marina IR which is geared towards MICH.Photos: AFP, KERZNER, STARWOOD - 3,373 words
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Advertisement10 2006-10-16 11 1' www.ubs.com 4® ÜBS O ÜBS 2006. All rights reserved.10 words
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SINGAPORE NEWS
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518 2006-10-16 12 WEE LI-EN - They are stepping up hunt for talent, raising lawyers' expertise BY WEE LI-EN LOCAL law firms are gearing up to try to win a greater share of the top-end arbitration market. While some are talenthunting, others are moving to raise the expertise of their518 words
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Article139 2006-10-16 12 SPRING Singapore the national standards body has been elected as a member of the International Organisation for Standardisation (ISO) Council 2007-2008, making this the fourth time it has achieved this. The ISO is the world's largest developer of voluntary standards. Spring Singapore said yesterday that139 words
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365 2006-10-16 12 SINGAPORE and its businessmen should look to the Slovak Republic in the Balkans as a vacation spot as well as a market to expand to or buy from, says its President Ivan Gasparovic. "Don't just look at it as a country365 words
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447 2006-10-16 12 UMA SHANKARI - By UMA SHANKARI CHANGI POINT is set to soon see redevelopment of historic sites like the old Changi Hospital and the Commando HQ, and addition of new attractions including holiday chalets, seafood restaurants and spas to make it a more attractive447 words
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Article143 2006-10-16 12 DATE/ TIME EVENT VENUE 16-18 Oct Flame Communications Pan Pacific Hotel 8.00am The 8th Asia Pacific Financial Planning Conference 2006 16-19 Oct Terrapinn-2nd Annual Suntec Exhibition 9.00am SCM Logistics World 2006 Convention Centre 16-22 Oct Pharmaceutical Society of Suntec City, The 11.00am Singapore Pharmacy Entertainment Centre Week 2006143 words
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Advertisement39 2006-10-16 12 -V- 4ST'.3bst'i i'H'-'ii?- .»W^--:.!fraSMii&ii»l&^.^]Sifc.-.■*-.■«££.. .-(Lt.^;....;, .-J- af- k,. •-•---Ji- i- < -:-Mf 9HBBii Hf V HH^^n GET 11 lIOME O^N y Saturdays holidays IfuouQh ymc ThethMedlttono*P«op«<a<th«P<ak: thaoountiyt wtrtwHnlonntfon ;■-> r ft■ p||' the Business Times jD To subscribe call 6388 383839 words
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DINING OUT
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Article, Illustration1490 2006-10-16 13 IT'S that heady time of year when foodies go giddy over the arrival of prized white truffles. Thanks to the wonders of air freight, this precious white gold is here this month, and the city's top chefs have lost no time in designing their1,490 words
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Advertisement205 2006-10-16 13 Diners Club Card To apply, caff 6416 0980 1 A World of Exclusive Privileges Treats Diners Club ,■■o W www.clitiers.com.sg \\U International' m ■■■■■■■■■■■I >* if|Pl| 1 »fv *v* -54 d Champagne guru Tom Stevenson rated Kreglinger (formerly bm Pipers Brook) an astounding 91 points, one of only 3 non-Champagnes205 words
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BT-CiTIBANK YOUNG INVESTORS' FORUM
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Article, Illustration780 2006-10-16 14 DANIEL BUENAS - Learning to invest CPF savings and planning for retirement are important for anyone starting out on his career, says DANIEL BUENAS DANIEL BUENAS AS the future cohort of Singapore's workforce, it is very important for fresh graduates and tertiary students to understand what CPF, or the country's780 words
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Article, Illustration845 2006-10-16 14 CRYSTAL NEO - CAMPUS LIFE NTU undergrad Clarence Chu tells CRYSTAL NEO how his aquarium-making hobby turned into business CRYSTAL NEO CI OR 23-year-old Clarence Chua, running a business requires little monetary investment. The owner of Claraquaria uses his blog, claraquaria.blogspot.com, to advertise his services, and sources around845 words
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Page 14 Advertisements
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Advertisement251 2006-10-16 14 Be smart with your finances FANCY becoming the next Warren Buflett 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
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Advertisement191 2006-10-16 15 ■|MmH 4,^riiiMi^jiV-iii-I v ifl ,L.. jtikjjfjf «8H», x^dttflflfl^fcnL^ UMk. I jHBHB ■m> *y v I rblJI Boi ibl /v -i •jtfit^i,' SB JH Efl T if H^^V K I P^ 1 HrEliKI I Hr i *®sL r 1 i 'i Bk hS K TflHr 'JKb i 3 Mi A |ujf^/flj191 words
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SHELL-SIIA ROUNDTABLE
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Article, Illustration1347 2006-10-16 16 RONNIE LIM - The Singapore Institute of International Affairs (SIIA) and Shell recently organised an Experts' Roundtable on 'Key Emerging Environmental Issues in Asia' with 26 participants representing sectors from energy and power, biofuels, renewable energy, environment, climate change, to nature and wildlife. RONNIE LIM1,347 words
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Article, Illustration561 2006-10-16 16 Shell chairman Lee Tzu Yang elaborates on what he considers to be energy security issues ENERGY security needs to be looked at from ipore than just one country's perspective. If there is unease about energy security, it tends to reverberate through the whole market. We561 words
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Advertisement23 2006-10-16 16 This is the first of a three-part series by Shell and the Singapore Institute of International Affairs (SUA) on sustainable development and energy.23 words
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ECONOMY WATCH
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554 2006-10-16 17 NEIL BEHRMANN - Survey predicts average price of US$644 an ounce at December end By NEIL BEHRMANN in London GLOBAL precious metals traders have raised their gold price forecasts because of uncertain geopolitical conditions created by North Korea's nuclear test. They contend that gold's geopolitical price554 words
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425 2006-10-16 17 AFP [SEOUL] Asia's fourth-larg-est economy has bounced back from North Korea's nuclear shock but a prolonged crisis would hit much harder, analysts and officials say. Share prices plunged 2.41 per cent to 1,319.40 last Monday after the test butAFP - 425 words
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271 2006-10-16 17 Reuters [WASHINGTON] THE Chinese currency may be undervalued by as little as 4 per cent and as much as 37 per cent, according to International Monetary Fund economists trying to figure out the actual value of the Chinese yuan. In aReuters - 271 words
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Article, Illustration550 2006-10-16 17 Gaps closing as fundamentals get better: BOJ official Reuters [TOKYO] The already low risk of market upheaval due to global economic imbalances has decreased in recent months as Japanese and European growth has accelerated and the United States shows signs of cooling, a seniorReuters; AP - 550 words
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Page 17 Advertisements
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Advertisement57 2006-10-16 17 Cn\/f A DT Investment International l/\XvA Property Expo 2006 21 22 Oct 10AM 7PM Hall 402, SUNTEC Singapore sought-after property m properties on sale from the world's best locations Hor lifestyle and investment purposes HI REGISTER FOR FREE EXPO TICKET at www.smartexpos.com TEL: +65 6232 2449 T ir mi's-,- 157 words
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Advertisement152 2006-10-16 17 *> < i www.sda-asia.com pr.. M(s DISCOVER THE POWER OF ENTERPRISE JAVA, ENTERPRISE ARCHITECTURE/ SERVICE-ORIENTED ARCHITECTURE (SOA) ECLIPSEI «jaxAsiA2oo6l eclipse:s™£ B OC\ *MmOML W ■!> i» After Five Successful Years in Europe, JAX Is Now Coming to Asia. Presenting the First-of-its-Kind Conference for the Asian Enterprise IT Community. Tune Into152 words
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MALAYSIA/INDONESIA
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Article, Illustration655 2006-10-16 18 S JAYASANKARAN - MALAYSIA INSIGHT The near-hysteria resulting from Asli report suggests the policy has become too politicised for its own good S JAYASANKARAN KL Correspondent THE controversy raging in Malaysia over the "correct" figures for bumiputra corporate equity is overdone. The bumiputras, literally "sons of the655 words
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Article, Illustration452 2006-10-16 18 Govt wants to take over project to draw investment [KUALA LUMPUR] The Sarawak state government has expressed interest in wanting to take over the Bakun hydro-electric dam project as it seeks to keep the electricity generated in the state to help draw foreign investment,FILE PHOTO - 452 words
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479 2006-10-16 18 [KUALA LUMPUR] A consortium led by Malaysian Resources Corp Bhd (MRCB), Sime Darby Bhd, Real Mild Sdn Bhd and the Employees Provident Fund (EPF) has emerged as the front-runners to ink the massive RMIS billion (556.46 billion) submarine cable contract linking the Bakun479 words
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Article, Illustration293 2006-10-16 18 AFP [JAKARTA] Indonesia plans to raise 3.3 trillion rupiah (Sss6o million) from its privatisation drive in 2007, the state enterprises minister said on Friday. "In the budget year 2007, the target of privatisation is 3.3 trillion (rupiah) where a net of twoAFP; BLOOMBERG - 293 words
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Article2892 2006-10-16 18 Transaction date: Oct 13 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 Datang Intnl Power Gene...6.11 0.03 ***** HKS ooo Denway Motors .2.93 -0.03 ***** Digital China 3.05 unch 550 Aeon Credit 5.892,892 words
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GREATER CHINA
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345 2006-10-16 19 Bloomberg AP [HONG KONG] Industrial Commercial Bank of China, the nation's biggest by assets, said it chose Goldman Sachs Group as a strategic partner instead of a commercial bank because it won't create future competition for the company. ICBC steered clearBloomberg; AP - 345 words
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Article, Illustration587 2006-10-16 19 JANE MOIR - End dual filings to both exchange and regulator, says bourse chief By JANE MOIR in Hong Kong A POWER struggle has broken out between Hong Kong's stock exchange and the market regulator over the frontline vetting of companies seeking to list on587 words
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491 2006-10-16 19 AFP [SHANGHAI] Intense investor interest in the Industrial and Commercial Bank of China's (ICBC) multi-billion dollar float appears to be a ringing endorsement of China's banking reforms but critics caution that systemic problems lie unresolved. China's sizzling economic growth and the overhaulAFP - 491 words
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Advertisement375 2006-10-16 19 If you are facing any of these: "messy" accounts arising from change of systems staff turnover mi;,! inability to meet statutory reporting deadlines urgent need to submit financial statements to banks financial institutions need to reconstruct accounts from incomplete records need to extract financial information for a litigation need assistance375 words
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INDIA
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Article, Illustration699 2006-10-16 20 SIDDHARTH SRIVASTAVA - Improved corporate prospects, falling oil prices behind rally: Chidambaram By SIDDHARTH SRIVASTAVA in New Delhi FINANCE Minister P Chidambaram said that the surge in the Indian stock markets with the key 30share sensitive index (Sensex) closing at a historic high of 12,736.42 points onAP; Source: Bloomberg - 699 words
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277 2006-10-16 20 [MUMBAI] Mercator Singapore, the fully-owned overseas subsidiary of Mumbaibased shipping company Mercator Lines, has decided to float an initial public offering in Singapore to raise US$5O-US$lOO million, the Business Standard reported on Saturday. After the IPO, it will be listed on the277 words
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435 2006-10-16 20 Bloomberg [MUMBAI] India will spend US$l2 billion to increase power generation 13 per cent by starting to build 16,000 megawatts of capacity this year to boost economic growth in Asia's fourth-largest economy. Building contracts for the plants will be awarded byBloomberg - 435 words
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273 2006-10-16 20 [NEW DELHI] The much delayed Cabinet reshuffle could take place this week as Indian Prime Minister Manmohan Singh returned from his visit to Britain and Finland on Saturday, the Business Standard said. President APJ Abdul Kalam is not available today and tomorrow as he is273 words
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Advertisement76 2006-10-16 20 69LXmALV!fl6RELESS x/knurrt ioimo rriDi tkj onnA 30 31 October 2006 Bin association with: Speallpslnclude: uk I s,un,:ec interna IO Gtofcji irtkmpoto FROM AS LOW AS J^^^^^^^^flHftitdM'Sgro'obalwinelesjF on,y tiM 20 october HO Global Wireless Venturing Forum is the annual summit for the world's leading j 6 &pfiC Yoh®sl* C^N^Bfc^pft?»arv«/#d»H Swt«o S76 words
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Advertisement36 2006-10-16 20 CH\/T A iyr Investment International tjlYlAlvl Property Expo 2006 21 22 Oct 1 QAM 7PM Hall 402, SUNTEC Singapore REGISTER FOR FREE EXPO TICKET at www.smartexpos.com TEL: +65 6232 2449 3c .*»>*... maKm ,S*_ HCIM» Jrsr **<*<& amm36 words
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MIDDLE EAST
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570 2006-10-16 21 It seeks patent for structure of new sharia-compliant tradeable product Reuters [MANAMA, Bahrain] ÜBS, the world's largest wealth manager, aims to unlock the secondary market for Islamic financial instruments through a new type of commodity linked investment certificate, the Swiss bank told Reuters. ÜBS hasReuters - 570 words
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479 2006-10-16 21 [ABU DHABI] The Abu Dhabi Securities Market (ADSM) and HSBC have jointly signed a custody agreement in a landmark move to both encourage and facilitate further international investment in the United Arab Emirates (UAE), says an online edition of Mena Report.479 words
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309 2006-10-16 21 [ABU DHABI] The Abu Dhabi government last week announced a 22 billion dirham (559.5 billion) public housing project in partnership with three leading property developers who will invest billions of dirhams, says a report in the online edition of Gulf News. The report309 words
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Page 21 Advertisements
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Advertisement37 2006-10-16 21 ■■mnmmmm Heard about 'jj Skype: B *7i Another new /ill I Phrase on the .fj»ljj||j jradio9l fjß Hotline 6691 1913 SMS 9766 69^^^^T| llllllllllllNßßmi Radio9l.3 is managed by SPH Unionworks, a subsidiary of ViV Singapore Press Holdings37 words
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Advertisement564 2006-10-16 21 igf I a |sßil®rar3^l |M 0 W m tun? 1 m vutvmem mtJLi W —vli TmwtFiJ BB4lmm Jim Sum dKK ciiw*s?®Amakl ifiuwsS^^ 3 W'MM*] V I GREAT ANNIVERSARY F^T/lji I SUBSCRIPTION OFFERS! I lip; I A|H|»ft WIRELESS i BARON'S I I wwwKmm* headphone xstboncbrew I HH Iba H Jr*v. B564 words
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ASIA-PACIFIC/WORLD
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Article891 2006-10-16 22 ANDREW MARKS - WALL STREET INSIGHT High profit expectations leave market vulnerable to disappointment, as Dow nears 12,000 By ANDREW MARKS in New York THE Dow Jones Industrials is within a few points of reaching another major milestone, the 12,000 mark, and if this is the week891 words
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Article, Illustration643 2006-10-16 22 AP [SEOUL] A global Crackdown on North Korea's nuclear weapons programme began yesterday with countries divided over how to enforce UN sanctions in a foreboding sign that imposing the punitive measures may not be easy. Japan and Australia, staunch North Korea critics, preparedAP - 643 words
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294 2006-10-16 22 AP [BANGKOK] Ousted prime minister Thaksin Shinawatra can return to Thailand if he wants, but must wait until political tension eases following last month's military coup, the country's new leader said. Dr Thaksin was in New York for the UN General AssemblyAP - 294 words
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238 2006-10-16 22 AFP [WASHINGTON] It is by no means dead, hut for the first time, a new survey has shown that traditional marriage has ceased to be the preferred living arrangement in most US households. The shift, reported by the US Census Bureau in its 2005AFP - 238 words
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Advertisement17 2006-10-16 22 IBP Bfl Wmjtß jEgtmk wKBKEBHM J|| |1 t 'i||s IQ| >Y| tofKtwjfflLSw yJft&illtFlmEsK&Slt' fafe Brag;S9sBl^Bl^^El^H^^^hl^hrhhhhHHl i in17 words
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Advertisement685 2006-10-16 22 :»at? NOTICES Toll free: 1800-289-8822 Email: notices@sph.bom.sg IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND KIM DA ENTERPRISE PTE LTD (Company No. 19MM376W) At an Extraordinary General Meetinj of KIM DA ENTERPRISE PTE LTD held on 10 October 2006. the following Special Resolution was passed WINDING-UP AND APPOINTMENT685 words
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Advertisement189 2006-10-16 22 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF BEAR STEARNS SINGAPORE ASSET HOLDINGS PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) (COMPANY REGISTRATION NO. *****2074G) NOTICE OF FINAL MEETING Notice is hereby given that pursuant to Section 308 of the Companies Act, Chapter 50, the Final189 words
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SHIPPING/AVIATION
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448 2006-10-16 23 DONALD URQUHART - Shippers in Asia, EU fear prior data rule will disrupt global supply chain By DONALD URQUHART [SINGAPORE] The UK looks set to introduce a new cargo security regime similar to the United States' 24-hour advance manifest rule, raising fears among shippers that448 words
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Article, Illustration328 2006-10-16 23 Reuters [WASHINGTON] President George W Bush on Friday signed legislation to help protect US ports against catastrophic Sept 11-style attacks as part of an elec-tion-year push on domestic security sought by both political parties. "With the bill I srgn today, we renew aReuters; AFP - 328 words
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Article2292 2006-10-16 23 CITY PLIGHT FT* RIGHT ETD AI480 1520 SQ408 1855 9W18 1650 9W17 2300 AbuPhabi SQ455 1215 QF3954 1650 QF3955 2300 Adelaide LH9771 1750 LH9770 2345 OenpasarBall SQ141 1145 SQ142 0935 SQ230 1750 SQ229 2345 SQ 43 1535 SO 46 1640 Amsterdam L***** 0630 AZ3993 2255 *****2,292 words
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272 2006-10-16 23 AFP [BANGALORE] India's biggest low-cost airline, Air Deccan, said on Friday it has raised 4.5 billion rupees (Ssl 58 million) from two foreign banks to tide it over a financial crisis. GR Gopinath, managing director of Air Deccan, said the dealAFP - 272 words
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271 2006-10-16 23 Bloomberg [MUMBAI] Mumbai International Airport has submitted a 52 billion rupee (Ssl.B billion) proposal to develop and upgrade facilities at the city's airport, India's busiest, as the growing number of flights strains the utility. Mumbai International will spend the money inBloomberg - 271 words
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341 2006-10-16 23 AFP [MAJURO, Marshall Islands] The central Pacific's latest air service, Our Airline, begins operations today, 10 months after the sole aircraft of its failed predecessor Air Nauru was repossessed. Our Airline will initially operate a twice-weekly service linking Brisbane,AFP - 341 words
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Page 23 Advertisements
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Advertisement68 2006-10-16 23 total integration solutions for sdipping companies and tkiif®f&sstts Our technology is the most complete, robust, scalable and 41 fully integrated end to end solution for maritime Industry, i We offer hosting, maintenance, application development, and r 4 design, built with the most powerful technologies and j supported by the most68 words
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Page 23 Miscellaneous
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Miscellaneous191 2006-10-16 23 CRYPTIC CROSSWORD 7 A cynic shaken with her de8 Figure identified about five? 13 Defeatist, in 10-17 17 Zeppelin song's popular (7) 27 There you are in Paris (5) iK--—^^ 1 Chap's nerve (5) 2 Stress that there's little mon- rights for example (9) Across: 1 Grimaced, 6 Albert, 9191 words
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Article11226 2006-10-16 24 STRAITS TIMES INDEX STOCKS Stack mm Oom Uwaga Startnam* Wl Oh* Champ SMtHM «l Oow Omk Allgreen 036 1.720 -0030 HyfKu 0.35 2.380 STEngg 1.73 2.980 .0.020 *sar«ittnil 101 2.160 «.010 JMM 318 ***** *0.300 STATSOiP 077 0975 «OAOS BU-lrnl 040 1.4» *0.010 JSH 2.25 11.800 *0.200 Serrfc11,226 words
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Article6292 2006-10-16 25 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In local curr In S$ In USS %dy *yr *dy Syr %dy Syr Oct 13 lnd«x Ch«ng« Chang* Changa Chang* Change Changa The World Index Preliminary 1055.3 02 8.8 0.1 6.0 0.1 11.0 EAfE Preliminary 1064.7 0.4 9.4 0.1 8.6 01 13.8 Europe6,292 words
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Page 26 Advertisements
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Advertisement2003 2006-10-16 26 [jWnWAiIA ROtO service vtssayvor kamukd hbgwtw m kh io I sw I jkt oichio express n so 4$ a/io 30/10 STUfTS EXPRESS SI 30 4 05/11 30/10 01/11 [AUSTRALIAN RQRQ SERVICE jVtSSa/VOT I tAMfgl) I HBCHTtM) 113 11 M STB MR JKT ISWI Ui MBKK/W7 100 SO 01-01/10 1111/10 212,003 words
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Advertisement1491 2006-10-16 27 WAN HAI INTERNATIONAL PTE LTD at NO: **********0/1 VTrA tin II .u,.. TEL' *****588 (14 IMS) FAX: *****163 \!si > WAN HAI I INF\ s^/iook**>»•« i* 0500i*****200 V V TVnll lIMI LIIILJ KLIH: (09 3MMMI MX: IU) IM2S2M HN IB: 104) 22tSftO NUb |M|22MMf V JOH IB: (07) 251W23 MX:1,491 words
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Advertisement1183 2006-10-16 27 |~jn EASTERN CAR LINER, LTD 1 SPECIALIZE IN RORO I HEAVY UFT UfTO 450 TOWS WTU-ASU SatVKI I VOY I Ra* I UHb| SW TPP KL(N) KL(W) PNN JKT M LCI WKt ITU MM FRIENDLY SKY 25-40 IFfi) 1»/10 22/10 ~M7iT sweEEMMA 58 H7TO H7TS H7TC fl7Tfi —37TC YUSHO STELLA1,183 words
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Advertisement768 2006-10-16 27 m WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS vissa vot sw pjoang coiomo N.SNEVA cocotuo irnmrn ytmms iooci lIOQ MOO I7OCT 212fl HOWUH »KIDG€ 0056W 17 OCT 18 OCT 21 OCT 24 OCT 28 OCT KOTAPQtWMA YPWW3 24 OCT 25OCT 28OCT 31 OCT 04NOV768 words
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Page 28 Advertisements
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Advertisement821 2006-10-16 28 vessel voy pkl sin Karachi dxb mi whs pmm bik khqr IRAN K Oft DC STAN PCI 8161 14/10 15/10 24/10 27/10 28/10 03/11 03/11 07/11 IRAN TA6ATABAEI KL 8164 19/10 20/10 29/10 01/11 02/10 08/11 10/11 12/11 IRAN SATTARI PCL 8166 1 30/10 31/10 09/11 12/11 113/11 19/11 21/11821 words
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Advertisement607 2006-10-16 28 15 flhi ffln— Sfo— Wm iBB =^=ii==sf= mum iCw isyia \i/\l nimn I «w I 1 TRIOR! W$H TS7TO ire =m= =^==11==#= wtwwT www iB/ii ir/ii mam 8R I P/ll 6*711 E"Cjligjjirl mbmmmm QM li/10 M/1D 11/10 PKWATWO NOtt 01/11 107/11 10/11 03/11 VKSE TOY SM r«« GUtWUK OWM6OM6 iPIFNIIS607 words
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Advertisement454 2006-10-16 28 CONVENTIONAL SERVICE ETA SIN LOADING FOR 190CT MAlf, COLOMBO 20 OCT BOMBAY, CHfTTAGONG 24 OCT DUBAI, DAMMAM 25 OCT CHENNAI I^ITMYNAVKAnONGROUpI i ma 1*70) i OWNS A OPERATES THE YOUNGEST FLEET 1 WITH FOURTEEN 7,000 DWT TWEEN DECKERS COVERING j THE ENTIRE ASIA PACIFIC PORTS a REGULAR WHKLY SERVICES: a454 words
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THE BUSINESS TIMES SHIPPING TIMES
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6348 2006-10-16 29 This ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voy»»e Telephone SIN Detfn Name Name Number Number SM Dest n Name Nam* Number Number 12/11 20/11 PTDjakarta KAMAKURA 032$ *****202 To ABIDJAN (ABJ) 2003 Cote D'lvoire 16/11 01/12 Nordana PRINCESS MARY PM6106,348 words
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BizIT
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Article, Illustration858 2006-10-16 30 WINSTON CHAI - The HP-led group-is confident training programmes will aid its chances By WINSTON CHAI WITH two months to go before the government issues its largest IT tender to date, computer giant HewlettPackard is pulling out all the stops to bolster its hopes of858 words
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<what's up>
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90 2006-10-16 30 SUN Microsystems has named Denis Heraud as its president for the Asia-Pacific region. In the newly-created role, he reports directly to the company's executive vicepresident of global sales and services Don Grantham. Mr Heraud is a veteran with Sun and first joined the firm90 words
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65 2006-10-16 30 THE Bluetooth Special Interest Group has appointed Linda Ho as its new marketing director for Asia-Pacific and Japan. In her new role, Ms Ho will be responsible for developing marketing programmes to spur the adoption of Bluetooth technology. At the same time, she will work65 words
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Article59 2006-10-16 30 SAMSUNG Asia has appointed David Henry as its new general manager of corporate marketing. According to the company, the appointment is strategic to its goal of accelerating the firm's growth in the South-east Asian and Oceania region. Prior to taking on his new role, Mr59 words
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67 2006-10-16 30 WINSTON CHAI - Compiled by WINSTON CHAI CHINA-BASED Asia Netcom has inked an agreement with local IT services provider Datacraft to offer managed security services to enterprises. The two firms will offer firewall monitoring and management, as well as related services in the initial phase of the67 words
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Article, Illustration684 2006-10-16 31 AMIT ROY CHOUDHURY - Payroll, billing, credit card and cheque processing driving business By AMIT ROY CHOUDHURY IN a new report on the business outsourcing market, IT research house IDC says the processing services market in Singapore will continue to be bigger than business process outsourcing (BPO)Source: IDC 2006 - 684 words
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Article, Illustration398 2006-10-16 31 ROLAND LIM - By ROLAND LIM THE Asia-Pacific region continued to be a key growth market for Internet content and application accelerator Akamai Technologies this year, fuelled by the growing number of people in the region getting on the Internet and also the growing trend of using bandwidth-hungry rich,398 words
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770 2006-10-16 31 System has been altered to satisfy regulatory concerns, it says NYT [BRUSSELS, Belgium] Microsoft announced on Friday that Windows Vista, the next version of its computer operating system, had been altered to satisfy regulatory concerns and would be introduced simultaneously worldwide. Less than aNYT - 770 words
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Article, Illustration729 2006-10-16 31 ROLAND LIM - <we say> But what warrants a closer look is the quality of the free wireless broadband service on offer ROLAND LIM Correspondent WIDESPREAD use of wireless broadband looks set to become a reality following the government's announcement earlier this week that three vendors Sing729 words
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<what's new>
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62 2006-10-16 31 SAMSUNG'S K5 pint-sized MP3 player and mini stereo system is now available in Singapore. The product incorporates slider-designed speakers that are hidden from view when they are not needed. It promises quality sound despite the small speaker size and comes in 2GB and 4GB versions.62 words
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112 2006-10-16 31 STABHUB is now offering selected Web-based services fof free in a bid to move dial-up users to its broadband plans. Customers who purchase a Star Hub cable modem will get to access selected Websites and online services at no charge, even if they112 words
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Article, Illustration77 2006-10-16 31 OLYMPUS has launched the Mju 1000, its flagship 10-megapixel camera. Coated in a stainless steel exterior, the new sharpshooter features 3X zoom and a 6.4 cm LCD screen for framing and viewing pictures. As with other counterparts in Olympus' Mju range of cameras, the77 words
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Article, Illustration88 2006-10-16 31 D-LINK has launched the Media Lounge DSM-520, its latest wireless high-definition (HD) media player. With the new offering, entertainment buffs can stream music, photos and HD videos from their PCs to their home entertainment systems. It supports multiple media formats including WMV9 and MPEG4. In88 words
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92 2006-10-16 31 WINSTON CHAI - Compiled by WINSTON CHAI ASUS Technology has unveiled its W5Fm series of laptops that are powered by Intel's latest Core Duo processors. The 12.1 -inch notebooks promise improved multitasking abilities and a longer battery life, as well as a host of multimedia improvements. These include92 words
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Page 30 Advertisements
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Advertisement70 2006-10-16 30 Applications "Unlimited" Oracle Siebel People Soft JD Edwards Continued New Releases Customer Driven Product Roadmaps Dedicated Development Teams No Forced Migrations I Get better results with proven applications tailored for your industry, processes and geography. oracle.com or call 1.800.672.2531 Copyright 2006, Oracle. All rights reserved. Oracle, JD Edwards, People Soft70 words
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Advertisement9 2006-10-16 30 WE SAY Is free good enough for you? PG3I9 words
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BIZIT FOCUS
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Article, Illustration1007 2006-10-16 32 WINSTON CHAI - The backing of government bodies plays an instrumental role in seeding the use of Radio frequency-identification (RFID) systems in Singapore WINSTON CHAI discovers WINSTON CHAI FROM season carpark labels and baggage tracking at the airport to monitoring goods shipped through our busy1,007 words
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Article, Illustration213 2006-10-16 32 The National Library Board has been using RFID tags for its collection of books from 1998. The technology is used to automate the borrowing and returning of books, and has made the tedious task of stocktaking faster and easier. Another local pioneer is the Land Transport AuthorityFILE PHOTO - 213 words
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Page 32 Advertisements
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Advertisement31 2006-10-16 32 11^————BB3ffl5nEBE33B5CJ l \jflK* v* Asmmsmm •5-i A f *V tp<fcw«:w, i, .f I'fis 11 f ?0 J|HL -;J[H| '^iw :miOW ,w ISOI jj |fc---« IMMiM 1| for the adaptive enterprise. la*..31 words
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Advertisement9 2006-10-16 32 This series is brought to you by: m invent9 words
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