The Business Times, 7 March 2007

Lock icon This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.

Microfilm: NL27342
Total Pages: 32
1 32 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    22 1 The Business Times online at http://business-times.asia 1 .com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION Wednesday; March 7,2007 SINGAPORE 85 cents MICA (P) 202/12/2006
    22 words
  • Article, Illustration
    Lock icon S'pore business district weathers tremor scare
    996 1  -  Some buildings evacuated but it was mostly business ps usual By SIOW LI SEN UMA SHANKARI [SINGAPORE] Earthquake tremors shook Singapore yesterday, with many buildings in the financial district being evacuated but the recovering stock market firmly withstood the agitation. Following its fall of
    CAROLINE CHIA/THE STRAITS TIMES  -  996 words
  • Article
    Lock icon M-E funds managed in S'pore hit $28b
    393 1  -  Room for greater growth in ties with region: SM Goh By OH BOON PING [SINGAPORE] As Singapore extends its expertise in Islamic banking, Middle Eastern funds managed here have already reached some $28 billion in value, a conference was told yesterday. To date,
    393 words
  • Article
    Lock icon MARKETS DIGEST
    136 1 STI 3,036.52 (+54.23) ST INDEX FUTURES 3,039.00 (+54.00) SIMSCI 372.80 (+8.16) SIMSO FUTURES 372.70 (+8.80) MARKETS Tuesday Chang* KLCOMP 1.130.96 +20.27 NIKKEI 225 16,844.50 +202.25 HANG SENG 19,058.56 +393.68 SET INDEX 674.24 -4.78 JAKARTA COMP 1,732.44 +33.62 MANILA COMP 2,973.27 -24.61 SEOUL COMP 1,402.93 +26.78 SHENZHEN B 466.51
    136 words
  • Page 1 Advertisements
    • Advertisement
      Lock icon Page 1 Advertisements Column 1
      51 1 WOMAN OF THE YEAR Top civil servant Lim Soo Hoon honoured EQUITIES TIME TO GET OUT OR TO JUMP RIGHT IN? BT ONLINE BT print subscribers get free access to the Business Times Online. To activate your account log on to http://business-times. asia1.com.sg. For more information, e-mail btocs@sph.com.sg or call
      51 words
    • Advertisement
      Lock icon Page 1 Advertisements Column 2
      12 1 RUSSIA-S'PORE TIES Russia aims to boost trade to US$5b 8 *****1 *****4
      12 words
    • Advertisement
      Lock icon Page 1 Advertisements Column 3
      16 1 MOTORING Shipping PSA, NOL look to Vietnam Chronomètre Souverain Built In harmony with the noblest traditions
      16 words
Page thumbnail Page 2
  • TOP STORIES
    • Article
      Lock icon Regional stocks hold steady as yen slips
      334 2  -  But analysts warn of more turbulence ahead as sentiment remains fragile By R SIVANITHY [SINGAPORE] A dip in the Japanese yen yesterday against the US dollar helped inject some stability into Asian stocks that had been battered over the past week. However, analysts
      334 words
    • Article, Illustration
      Lock icon iTV to be closed until legal issues are ironed out
      802 2 Reports by OUR CORRESPONDENT in Bangkok THAILAND'S military-in-stalled government yesterday took over iTV pic, the country's only independent television station and said it would be shut down temporarily until experts resolve legal issues for its transition to a new ownership.
      AFP  -  802 words
    • Article, Illustration
      Lock icon Slowing growth figure greets new finance minister
      522 2 THAILAND'S new Finance Minister Chalongphob Sussangkarn can look forward to a tough job ahead, with figures published yesterday showing that economic growth was at its weakest for almost two years in the fourth quarter. The state planning agency said yesterday that the country
      AFP  -  522 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      606 2 EPF joins fray for RHB Group with RM8.77b offer MALAYSIA'S Employees Provident Fund yesterday made a formal RM8.77 billion (S$3.83 billion) bid for the RHB Banking Group, in a contest that pits the country's state-owned pension agency against two other bidders. The EPF set a deadline of tomorrow
      606 words
    • Article, Illustration
      Lock icon EPF joins fray for RHB Group with a formal RMB.77b offer
      624 4  -  But sources say EON Cap may team up with powerful ally to sweeten bid By S JAYASANKARAN in Kuala Lumpur THE Employees Provident Fund yesterday made a formal RM8.77 billion (553.83 billion) bid for the RHB Banking Group, in
      BLOOMBERG  -  624 words
    • Article
      Lock icon HK tax cuts to keep S'pore on its toes: consultants
      958 4  -  By MICHELLE QUAH [SINGAPORE! Hong Kong's decision last week to slash personal income taxes has sent a clear signal to Singapore which kept its personal income tax rates unchanged that the republic needs to keep a close watch on the
      958 words
  • Page 2 Advertisements
Page thumbnail Page 3
Page thumbnail Page 4
Page thumbnail Page 5
  • COMPANY NEWS
    • Article, Illustration
      Lock icon Beware the herd instinct of some analysts
      688 5  -  HOCK LOCK SIEW By OH BOON PING IN a surging stock market, most brokers are bullish about the rally, touting the market's strong fundamentals and a possible push northwards. But when a correction comes, those market watchers begin to be cautious, but continue
      AP  -  688 words
    • Article
      Lock icon Pacific Healthcare eyes Middle East market now
      261 5 Its JV will invest in up to 7 medical centres across Asia Reuters SINGAPORE'S Pacific Healthcare Holdings says it plans to invest in seven medical centres across Asia this year through a joint venture with private equity investor Kuwait Finance House (KFH) (Malaysia)
      Reuters  -  261 words
    • Article, Illustration
      Lock icon Chartered maintains lower Q1 profit forecast
      433 6  -  Chip industry still working through excess inventory, say analysts By ROLAND LIM SEMICONDUCTOR foundry Chartered Semiconductor Manufacturing yesterday said it was keeping its earlier forecast that it will end the first quarter with lower profits and revenues, on the back of a slowdown in
      BLOOMBERG FILE PHOTO  -  433 words
    • Article, Illustration
      Lock icon Boeing, ST Engg in plane conversion deal: sources
      448 6 Reuters BOEING and Singapore's ST Engineering will jointly convert Boeing 767 passenger planes into freighter aircraft, sources said yesterday, a growing market as airlines buy new models. The deal, which is due to be announced today, comes on the back of strong
      Reuters  -  448 words
    • Article
      Lock icon YTL, partner clinch Sandy Island at Sentosa Cove
      297 8 MALAYSIA'S YTL Corp and its partner LP World Sdn Bhd have been awarded Sandy Island at Sentosa Cove for about $89.7 million or $617 per square foot of land area. The 145,442 sq ft man-made island in the upscale waterfront housing district's
      297 words
    • Article
      Lock icon Mandarin Oriental earnings rise 4%
      310 8 Higher hotel rates in Europe offset lost sales in HK Bloomberg [HONG KONG] Mandarin Oriental International Ltd, the hotel arm of Jardine Matheson, said 2006 profit rose 4 per cent as higher rates at its European hotels offset lost sales from its Hong Kong flagship,
      Bloomberg  -  310 words
    • Article, Illustration
      Lock icon Ho Bee tops bid for Sentosa condo plot: sources
      417 8  -  Price said to be over $1 ,350 psf ppr, setting new record for area Reports by KALPANA RASHIWALA HO BEE Investment is said to have cast a top bid of over $1,350 psf per plot ratio (psf ppr) yesterday for a
      417 words
    • Article
      Lock icon COMPANY BRIEFS
      162 8 Alam Indah raises stake in Guthrie ALAM Indah Bin tan, which has made a mandatory conditional cash offer for the remaining stake in Guthrie GTS, yesterday acquired an 11.24 per cent stake through open-market purchases and married deals at 43 to 43.5 cents. This brought its shareholding and
      162 words
    • Article, Illustration
      Lock icon HK Land posts 31 % rise in underlying profit
      467 8 HK Land posts 31 rise in underlying profit Bloomberg [HONG KONG] Hongkong Land Holdings Ltd, one of the city's largest office landlords, posted a 31 per cent gain in underlying profit last year on increased rents. Profit excluding property revaluations rose to US$245 million, or 10.98 US cents a share,
      Bloomberg; File Photo  -  467 words
    • Article
      Lock icon Well-governed funds get higher returns: expert
      409 9  -  Asian funds rapidly catching up with more mature ones on best practices By DANIEL BUENAS FUNDS that are well governed can generally achieve returns that are at least one per cent per annum more than an average fund, and although Asian funds still lag
      409 words
    • Article
      Lock icon Adampak targeting 20-30% growth
      206 9 Reuters ADAMPAK Ltd, which makes labels and seals for printers and disk drives, expects an average 15-20 per cent growth in sales and a 20-30 per cent rise in earnings this year and next, thanks to firm electronics demand. The forecast growth rates represent a slowdown
      Reuters  -  206 words
    • Article
      Lock icon Citigroup opens S'pore prime brokerage office
      280 9 Reuters [HONG KONG] Citigroup, the world's most valuable bank, has opened an office in Singapore focused on serving hedge funds, as rivals like Morgan Stanley ramp up in that fast-grow-ing prime brokerage market. Hedge fund assets under management in Asia grew to US$l4O billion
      Reuters  -  280 words
    • Article
      Lock icon GK Goh buys 13.6% stake in cement company Tasek
      324 9  -  By JANICE HENG GK GOH Holdings has bought a 13.6 per cent stake in Malaysianlisted cement company Tasek Corporation Bhd for about RMB6 million (Ss37 million). It said yesterday that it bought the stake of 24.9 million shares through its wholly
      324 words
  • Page 5 Advertisements
Page thumbnail Page 6
Page thumbnail Page 7
Page thumbnail Page 8
Page thumbnail Page 9
  • Page 9 Advertisements
    • Advertisement
      Lock icon Page 9 Advertisements Column 1
      10 9 The straits times guide to looking good appears every thursday
      10 words
    • Advertisement
      Lock icon Page 9 Advertisements Column 2
      333 9 DBS Go Notes is not principal protected and is a 2 year commodity (gold) linked note. Minimum investment amount is 5GD25.000 for the SGD Tranche Notes and U5D25.000 for the USD Tranche Notes. You will receive a coupon amount of up to 2 times the appreciation in the gold price
      333 words
Page thumbnail Page 10
  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Has the yen rebound run out of steam?
      948 10  -  CURRENCIES Eyeball key round number targets, stock prices and US releases this week LARRY WEE Senior Correspondent or in cases surpassed round number yen highs such as 220 yen per pound, 90 and 80 yen per Australian and New Zealand dollar, 150
      948 words
    • Article, Illustration
      Lock icon BROKERS'TAKE
      696 10  -  Compiled by MATTHEW PNAN UNIQUE agricultural supply chain manager: Olam is a leading global supply chain manager of agricultural products and food ingredients, with operations in 52 countries. Unlike its less integrated global competitors, Olam's strengths arguably lie with its strong origination and marketing capabilities, and broader product range
      Source Bloomberg  -  696 words
    • Article, Illustration
      Lock icon Untitled
      913 10 SECURITIES TRADING SCOREBOARD MAIN SDQ TOTAL Up Down Uwdj Up Down Umh Up Down Undi Multi Ind 14 1 2 1 0 0 15 1 2 Manufacturing 134 22 46 19 11 9 153 33 55 Commerce 50 10 16 9 2 5 59 12 21 Tpt/Stor/Comms 33 3 3
      913 words
    • Article, Illustration
      Lock icon Market avoids 7th straight decline
      530 10  -  STOCKS R SIVANITHY Senior Correspondent AFTER falling for six consecutive sessions and shedding 328 points along the way, the Straits Times Index yesterday managed a tentative 54.23point recovery to 3,036.52, thanks to a dip in the Japa- nese yen that helped sobthe fears that erupted
      530 words
Page thumbnail Page 11
  • SINGAPORE NEWS
    • Article
      Lock icon S'pore to jumpstart key Russian deals
      386 11  -  By BENITA AW SINGAPORE is to play an integral role in developing Russia's infrastructure and logistics, and agencies here are looking to have a hand in cultivating special economic zones, developing ports, and managing Moscow's Sheremetyevo airport, a conference was told yesterday. The Changi-Sheremetyevo
      386 words
    • Article, Illustration
      Lock icon Ties to be maintained even if leaders change: MM Lee
      438 11  -  By NANDE KHIN TIES between Singapore and Russia are strong enough to be maintained come what may, Minister Mentor Lee Kuan Yew said yesterday. MM Lee, who has been the key force in building Singapore-Russia understanding, said he believed the
      AP  -  438 words
    • Article
      Lock icon MediShield cover by default for newborns soon
      480 12  -  YESTERDAY IN PARLIAMENT Similar opt-out scheme to include housewives to be studied: minister By CONRAD TAN A SCHEME to include all newborns under the MediShield national insurance plan by default will be introduced later this year, Health Minister Khaw Boon Wan said yesterday.
      480 words
    • Article
      Lock icon Govt to map out energy efficiency plan
      580 12  -  By MATTHEW PHAN SINGAPORE will not be spared the effects and impact of climate change, and will play its part by making energy efficiency a strategic policy, Minister for the Environment and Water Resources Yaacob Ibrahim, told Parliament yesterday. The concern with climate
      580 words
    • Article
      Lock icon 45,000 taxpayers won't have to file returns
      597 12  -  By MICHELLE QUAH THERE'S no getting out of paying taxes, of course, but for two groups of taxpayers one of the painful preliminary steps is being removed. IRAS, the Inland Revenue Authority of Singapore, yesterday announced that it has embarked on a pilot
      597 words
    • Article
      Lock icon MTI clarifies handling of Sentosa Cove land sales
      763 12  -  By WEE LI-EN THE Ministry of Trade and Industry (MTI) has further clarified the issue of land sales at Sentosa Cove. Yesterday's statement followed the background given by MTI Minister Lim Hng Kiang in Parliament on Monday to questions relating to the
      763 words
    • Article, Illustration
      Lock icon First female perm sec is Woman of tne Year
      366 12  -  By CHRISTINE SIM LIM Soo Hoon, permanent secretary for the Public Service Division, has been named Woman of the Year by the magazine Her World, which has given its Young Woman Achiever award to Esther Tan. The awards were presented to
      Source Bloomberg  -  366 words
    • Article
      Lock icon Russia aiming to boost bilateral trade to US$5b
      506 11  -  RUSSIA-S'PORE BUSINESS FORUM Trade jumped 43% from $1.32b in 2005 to $1.89b last year By NANDE KHIN RUSSIA is aiming to boost its bilateral trade with Singapore by nearly four-fold to US$5 billion by the end of 2015, said its Minister for
      506 words
  • Page 11 Advertisements
Page thumbnail Page 12
Page thumbnail Page 13
  • ECONOMY WATCH
    • Article
      Lock icon Global economy as strong as ever: Paulson
      192 13 He also says economic reforms in China would help AP [TOKYO] US Treasury Secretary Henry Paulson said yesterday that the global economy is as strong as he's ever seen and that reforms in China would help lessen the kind of market volatility that
      AP  -  192 words
    • Article
      Lock icon Indonesia cuts rate as inflation slows
      9 13 Bloomberg, Reuters (Jakarta)
      Bloomberg,; Reuters  -  9 words
    • Article, Illustration
      Lock icon Greenspan sees 1/3 chance of US recession
      699 13 Outlook contrasts with Bernanke's recent upbeat assessment Bloomberg [WASHINGTON] Former Federal Reserve Chairman Alan Greenspan said there's a "one-third probability" of a United States recession this year and that the current expansion won't have the staying power of its decade-long predecessor. "We are
      Bloomberg; BLOOMBERG  -  699 words
  • Page 13 Advertisements
    • Advertisement
      Lock icon Page 13 Advertisements Column 1
      118 13 "Excellence in blending whisky isn't simply a matter of training. It has to be in your DNA." The Scot Rachel Barrie from the Glenmorangie distillery is the first woman to earn the title "Scotch Whisky Master Blender." With her extraordinary sense of taste and smell, pares them and then decides
      118 words
Page thumbnail Page 14
Page thumbnail Page 15
  • GREATER CHINA
    • Article
      Lock icon Integrated listing of central govt firms planned
      128 15 Xinhua [BEIJING] China is working on a scheme for the integrated listing of enterprises under the direct management of the central government, known as "central enterprises", a political adviser has revealed. The scheme is expected to be worked out this year, and central
      Xinhua  -  128 words
    • Article
      Lock icon ÜBS wins right to own brokerage
      220 15 The bank will initially own 20% of the venture [HONG KONG] ÜBS AG has become the first overseas securities firm to win the right to own a Chinese brokerage as soon as the law permits, two people with direct knowledge of the agreement said.
      220 words
    • Article
      Lock icon Property law has little impact in rural areas
      321 15 ANALYSIS Govt fears mass sell-off will leave millions landless, threaten food security Reuters [BEIJING] China's parliament is set to pass the country's first law on property rights, but analysts say it will only have limited impact in the vast countryside, where illegal
      Reuters  -  321 words
    • Article
      Lock icon Checkpoint dispute delays HK-Zhuhai bridge project
      589 15  -  Link, costing up to US$4b, expected to take up to 20 years to break even By, JANE MOIR in Hong Kong CONSTRUCTION of a bridge linking Hong Kong and the mainland city of Zhuhai is being dogged by wrangling over checkpoint locations, following a
      589 words
  • Page 15 Advertisements
Page thumbnail Page 16
  • INDIA
    • Article
      Lock icon Indian companies to turn to debt as buyouts rise
      403 16 Citigroup exec expects robust M&A activity to continue Reuters [MUMBAI] Indian companies that flocked to the equity markets to fund growth during the three-year bull run will increasingly raise debt in order to leverage strong balance sheets and finance buyouts, a
      Reuters  -  403 words
    • Article
      Lock icon Temasek units divest 5.3% stake in Apollo Hospitals
      88 16 Bloomberg [MUMBAI] Singapore investment agency Temasek Holdings sold, through two of its units, its entire 5.3 per cent stake in Apollo Hospitals Enterprise Ltd, India's biggest healthcare company. Unit Maxwell Mauritius Pte sold 2.1 million shares, while unit Aranda Investment Pte sold
      Bloomberg  -  88 words
    • Article
      Lock icon Housing Development says it isn't in Carrefour talks
      79 16 Bloomberg [NEW DELHI] Housing Development Finance Corp, an Indian home-mortgage company partly owned by Citigroup Inc, said it isn't in discussions with French retailer Carrefour SA for a retail venture in the world's second-most populous nation. "There is certainly nothing right now,"
      Bloomberg  -  79 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      3014 16 UNIT TRUSTS FUNDS ssr s 'S sisasss-.:. *,s asanas- .as saaaa.-' •»>» s2sxsu^ r_, s ;<ag!iasiKssr ;g ss:s ss asssss." a« s&'ss sssas;. j® ss™ assa: isss: gsss, =i-ffi aas!a":-.:::..ii-.L:.:.:-='!s ffissEss: gBS2SS®'' ss isaai==:. sss sate*" ,!S jagg!. —igjg »»&===--isa K. S SStSSSu* 8! 8SB!£8?r.= SS I8B32 |sKKra= SB SSgt
      3,014 words
  • Page 16 Advertisements
Page thumbnail Page 17
  • MIDDLE-EAST
    • Article, Illustration
      Lock icon Saudi Arabian Airlines to sell catering stake
      496 17  -  49% of catering unit expected to fetch up to US$373m By HABIB SHAIKH in Jeddah SAUDI Arabian Airlines plans to sell 49 per cent of its catering arm, receiving up to US$373 million. Following the sale of Saudia Catering, the board of directors
      FILE PHOTO  -  496 words
    • Article
      Lock icon Surprise deal creates largest UAE bank
      140 17 Reuters [DUBAI] Emirates Bank International and National Bank of Dubai have agreed a surprise merger to create the largest United Arab Emirates lender, sources at the two banks said yesterday. The new entity would have a market value of U5512.03 billion at yesterday's closing
      Reuters  -  140 words
    • Article
      Lock icon Nuclear plans could hurt Iran economic growth: IMF
      354 17 Some impact already seen on private investment Reuters [WASHINGTON] Iran's near-term economic prospects look favourable but tensions over its nuclear plans have had some impact on private investment and are a threat to growth, the International Monetary Fund (IMF) said on Monday.
      Reuters  -  354 words
  • Page 17 Advertisements
Page thumbnail Page 18
  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon Citigroup in US$10.8b bid for Nikko Cordial
      449 18 It wants to revamp its Japanese business with its largest deal in Asia Reuters, Bloomberg [TOKYO] Citigroup bid USSIO.B billion for Japan's scandal-hit Nikko Cordial Corp yesterday, hoping to secure its biggest Asian deal and mark its resurgence in the world's sec-ond-biggest economy.
      Reuters,; Bloomberg  -  449 words
    • Article
      Lock icon Some e-mails in AMD suit lost: Intel
      303 18 AP ISAN JOSE] Intel Corp said that it may have lost some internal e-mails that it was supposed to turn over as possible evidence in the landmark antitrust lawsuit filed by arch-rival Advanced Micro Devices Inc. AMD said Intel's revelation demonstrates "a combination
      AP  -  303 words
    • Article
      Lock icon LATEST US DATA Productivity growth sharply lower at 1.6%
      282 18 Reuters [WASHINGTON] US business productivity growth was revised down sharply in the fourth quarter to an annualised 1.6 per cent pace, Labour Department data yesterday showed, suggesting inflation pressures as labour costs soared. The downward revision in non-farm business productivity, a
      Reuters  -  282 words
    • Article
      Lock icon BURSA MALAYSIA
      2455 18 vol Marl MM (H» AftMReelty 138 unch 0 AbrlcBhd .OJO 0.01 107 Acp Industries 1.43 0.04 587 Advance Synergy C 28 0.05 2344 Adventi Bhd .0.71 -0.02 93 AeMuIti Hldgs '.....0.33 0.03 36S Affin Holdings 3.13 0 23 S004 Ahmad ZaklRawu 3.38 0.16 48 Ale Corp ...0.S9 0.03
      2,455 words
  • Page 18 Advertisements
    • Advertisement
      Lock icon Page 18 Advertisements Column 1
      1519 18 INFORMATICS EDUCATION LTD. (Company Registration Number *****3419G) (Incorporated in the Republic of Singapore on 20 July 1983) NOTICE OF EXTRAORDINARY GENERAL MEETING I NOTICE IS HEREBY GIVEN that an EXTRAORDINARY GENERAL MEETING of Informatics Education Ltd (the "Company") will be held at 1.45 pm on 29 March 2007 at the
      1,519 words
Page thumbnail Page 19
  • World
    • Article, Illustration
      Lock icon Google chief not seeking big mergers, sees more Apple ties
      392 19 Talk of mergers premature as Web advertising still in early years, he says Reuters [SAN FRANCISCO] Google Inc is spinning off mounds of cash from operations, but chief executive Eric Schmidt appeared to rule out seeking big mergers or making
      Reuters; AP  -  392 words
    • Article, Illustration
      Lock icon IPO demand harder to predict this year
      587 19 Bloomberg [SINGAPORE] The past week's slump in global stock markets has made it harder to predict whether Asian share sales' will match last year's record in 2007, Credit Suisse's new investment banking chief Paul Calello said. "The challenge of another record year is
      Bloomberg  -  587 words
    • Article
      Lock icon US, North Korea launch groundbreaking talks
      318 19 AFP AP [NEW YORK] The United States and North Korea have launched groundbreaking talks in a first step towards normalising ties and cementing Pyongyang's commitment to scrapping its nuclear arms programme. Less than three weeks after the reclusive Stalinist regime agreed to freeze its
      AFP; AP  -  318 words
    • Article, Illustration
      Lock icon Schmidt, Page, Brin stick to US$1 salary
      28 19 AP (Mountain View) Rich bosses: Mr Page (left) and Mr Brin, each worth about US$14 billion, did not receive bonuses AP
      AP  -  28 words
  • Page 19 Advertisements
    • Advertisement
      Lock icon Page 19 Advertisements Column 1
      237 19 Cats Notices IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF WHITESTONE TECHNOLOGY PTE LTD (CO. REG. NO. *****8673W) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 20 Kramat Lane, #05-05 United House, Singapore *****3 on
      237 words
    • Advertisement
      Lock icon Page 19 Advertisements Column 2
      36 19 Cats Notices IN THE MATTER OF THE COMPANIES ACT, CHAPTER SO AND IN THE MATTER OF CHANTAN LLC Inviting tenders? Call 1800 289 8822 or email notices@sph.eom.sg to book your tender notice in our newspapers now.
      36 words
    • Advertisement
      Lock icon Page 19 Advertisements Column 3
      968 19 IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE Admiralty in Personam No. 166 of 2006/ A Between 1. PARTENREEDEREI MS "DOILART STAR* {No ID No. exist*) 2. STINGRAY SHIPPING CO LTD (West Indies IBC Regn No. *****7) Plaintiffs And MOL EURO-ORIENT SHIPPING SA (Panama IMO Regn No. *****06) and
      968 words
Page thumbnail Page 20
  • AVIATION
    • Article, Illustration
      Lock icon French Airbus workers strike over job cut plans
      610 20 Unions threaten wider action if Airbus carries out forced job cuts Reuters [TOULOUSE] Thousands of Airbus workers went on strike at its French factories yesterday, protesting against the European planemaker's restructuring plan that has dominated France's presidential election campaign. Blowing whistles, some
      Reuters; AFP  -  610 words
    • Article
      Lock icon China mulls developing large jets: sources
      407 20 Reuters [SHANGHAI] China is considering a plan to develop large passenger jets in a long-term, multi-billion dollar project that it hopes would wean it from reliance on Boeing Co and Airbus, industry sources said on Monday. The State Council, China's cabinet, has received a
      Reuters  -  407 words
    • LOG BOOK
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2247 20 CITY MKT r* M WO AfrP*H* SQ«H 1» «MMt LH9771 1740 LH9770 2350 »M 17<Q £S2fi2_22Sfi AhaiMsS Y2W <??<? fcurtw L***** 0645 K1636 2315 SQ323 0645 L***** 2345 MM7 Iffl »»< Auckland EK433 0130 5Q281 0650 UL2433 0130 LH9766 2100 SO262 0630 NZ4365 2100 LH9767 2015
      2,247 words
    • Article
      Lock icon Qantas buyout cleared by government: Costello
      342 20 Bloomberg [CANBERRA] The Macquarie Bank Ltd-led buyout of Qantas Airways Ltd. Australia's biggest airline, won government approval, clearing a major obstacle for the AS 11.1 billion (Ssl3 billion) bid. The offer was approved after the buyout group agreed to keep the airline's headquarters in
      Bloomberg  -  342 words
    • Article
      Lock icon EU bans most Pakistan International Airlines fleet
      9 20 Reuters (Brussels)
      Reuters  -  9 words
  • Page 20 Miscellaneous
Page thumbnail Page 21
  • SHIPPING
    • Article, Illustration
      Lock icon PSA, NOL eye Vietnam's growing logistics and transport sector
      1252 21  -  But the country needs to improve infrastructure and systems: report By GEORGE JOSEPH [SINGAPORE] Two of Singapore's biggest transportrelated groups, PSA International and Neptune Orient Lines (NOL), are focusing much attention on Vietnam, which they see as one of the world's
      1,252 words
    • Article
      Lock icon Newcastle coal vessel queue lengthens to record 69 ships
      419 21 Bloomberg [SYDNEY] The queue of ships waiting to load coal at Newcastle, Australia, the world's biggest coal-export harbour, increased to a record 69, lengthening delays and raising costs for producers and buyers of the fuel. The number of ships queuing outside
      Bloomberg  -  419 words
    • Article
      Lock icon TRANSPORT STOCKS
      227 21 f SCX '900 Mf«. g OlOfWxxa XX 40 OjOI 725 jBLSO Ofll 954 Ccwco Corp 2-50 0.10 ***** QMlMM OK 003 1145 Imwm AM 0.26 308 h«ghiu*» -.AM OBI 1406 GfandBarto uxfi inch 0 MNtMUd 142 002 94 Kfvanin* A JO undi 2197 timiCM 14» 010 4449 LabrcvMarin*
      227 words
    • Article
      Lock icon Fewer lost ships, but more accidents reported
      771 21  -  STRAIT TALK By DAVID HUGHES THE marine insurance industry has just produced some figures which, at first sight, look like very good news. New statistics from the International Union of Marine Insurance (IUMI), which represents marine underwriters worldwide, show a dramatic reduction in
      771 words
    • Article
      Lock icon Precious expects higher 2007 profit
      215 21 Reuters [BANGKOK] Precious Shipping, Thailand's largest shipping firm, said yesterday that it expected its 2007 net profit to top last year's 3.72 billion baht (Ssl7o million) due to higher freight rates and the sale of ships. Precious, a dry bulk carrier, also planned to buy
      Reuters  -  215 words
  • Page 21 Advertisements
Page thumbnail Page 22
  • EDITORIAL & OPINION
    • Article
      Lock icon New threat looms over aviation sector
      526 22 EDITORIAL THE global aviation industry has been enjoying its most robust growth in memory during the past 18 months. Even as global passenger growth slowed to 5.9 per cent in 2006, from the 7.6 per cent in 2005, airlines managed to improve their bottom
      526 words
    • Article, Illustration
      Lock icon Growing income gap a big concern in Asia
      1222 22  -  ADB wants to remedy this by focusing on tertiary education and improving empioyability ANTHONY ROWLEY Tokyo Correspondent THE Asian economic miracle is proving to be less than miraculous in one key respect. The benefits of the process are not "inclusive" enough to
      AFP  -  1,222 words
    • Article, Illustration
      Lock icon Why are stocks falling amid global growth?
      379 22  -  THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writters Grouop WATCHING global stock markets drop has been at best unnerving. From their recent peak (Feb 20), American stocks last week lost about US$9OO billion in value, or almost 5 per cent, reports Wilshire
      The Washington Post Writters Grouop  -  379 words
    • Article, Illustration
      Lock icon Hi-ho, hi-ho it's off to war we go
      1661 23  -  Critics say the White House is manipulating evidence to create conditions for a US military confrontation with Iran LEON HADAR Washington Correspondent IN THE aftermath of US President George W Bush's address televised speech on US policy in Iraq last month, in
      AFP  -  1,661 words
    • Article
      Lock icon Nets move timely and, necessary
      369 23  -  LETTERS TO THE EDITOR Ivan Ong Vice-president Nets Payment and Value-Added Services I REFER to the letter. "Higher fees to be charged by Nets not justified" (BT, Feb 22) by Leong Sze Hian. Contrary to what Mr Leong asserts, Nets' move to align itself with
      369 words
    • Article
      Lock icon Executive coach now a must-have
      307 23  -  Katherine Twaddell Apeiron Consulting I WAS pleased to see Parvathi Nayar identify the importance of executive coaching in her Raffles Conversation with Robin Sharma ('Behind every success lies a small dream', BT, Feb 17). As an executive coach and facilitator to some of Asia's top
      307 words
Page thumbnail Page 23
Page thumbnail Page 24
Page thumbnail Page 25
  • Article
    Lock icon FINANCE & COMMODITIES
    5609 25 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES teat can hitt kuss dy yr tfy %yt &f %yr M«rS >nd— Cti«i|i Ch«m« Ovmgm Chug* Chang* Oianga LEARfWfcniBar 1087-2 -1.7 1.8 13 2-2 2.1 -2.0 tuuugft(fcma>Y ***** 1.1 -2.1 13 -33 -1.7 -3.1 Parifc ***** 33 -13 -24 03 -23 04 FwEaH
    5,609 words
  • Page 25 Advertisements
    • Advertisement
      Lock icon Page 25 Advertisements Column 1
      46 25 Phillip Futures' 24-hour Energy Commodity Desk provides you with advice on hedging techniques, superior client service a I and timely order execution. m For more details, visit www.phillipfutures.com.sg or call us at 6531 1509. Brought to you by Phillip Futures Pte Ltd (A member of PhilllpCapital)
      46 words
Page thumbnail Page 26
  • Page 26 Advertisements
    • Advertisement
      Lock icon Page 26 Advertisements Column 1
      787 26 UK CONTINENT SERVICE U.IA SERVICE Destination Desti notion MARITIME PEACE RDM/ATW/BMN/TLB/NAN STX PO TBN CAM/NFK/NOL/SAV DONGNAMA LINE New Business Division Purchasing Leasing We Provide New Used Containers 20' Dry Container 40' Dry Container 40' HC Dry Container For More Details Kindly Contact Mr Tan (PURCHASE) Tel: *****712 Mr Ong (LEASING)
      787 words
    • Advertisement
      Lock icon Page 26 Advertisements Column 2
      95 26 Wallenius Wilhelmsen logistics P. T. DJAKARTA LLOYD (PERSERO) AUSTRALIA PULL CONTAINER SERVICE LINE FAST hew 315 Outram Road #07-08 Tan Boor Liot Building Singapore *****4 tel: (65) 6223 7223 fax:|6s) 6222 7838 •mail: cofn SINGAPORE BALIKPAPAN, KALIMANTAN weekly container and conventional services MV Kaltim Express ETD SIN *****7 ETA 8PN*****7
      95 words
Page thumbnail Page 27
Page thumbnail Page 28
Page thumbnail Page 29
Page thumbnail Page 30
  • MOTORING
    • Article, Illustration
      Lock icon Former Audi managing director joins Komoco
      279 30  -  By Samuel Ee THE man who helped kickstart Audi's ascent up the sales charts here is now focusing his attention on two more mainstream brands: Hyundai and Chrysler. Ron Song joined authorised Hyundai distributor Komoco Motors as director of operations on March 1. He
      279 words
    • Article, Illustration
      Lock icon Stamford Tyres starts no-frills outlet in Tampines
      316 30  -  It offers tyres, wheels, servicing for cars, light commercial vehicles By SAMUEL EE STAMFORD Tyres has spent $300,000 to open its first no-frills outlet in Tampines Industrial Park. The mainboard-listed company is Singapore's biggest distributor and retailer of tyres and alloy wheels. With
      ARTHUR LEE  -  316 words
    • Article, Illustration
      Lock icon Bentley ups the luxury ante with Brooklands coupe
      557 30  -  By SAMUEL EE THE remarkable rejuvenation of the Bentley brand continues with a $1.5 million super luxury coupe called the Brooklands. Based on the flagship Arnage sedan, this very large two-door car has a powerful presence and engine. The familiar 6.75-litre twin
      557 words
  • Page 30 Advertisements
Page thumbnail Page 31
  • EXECUTIVE MONEY
    • Article, Illustration
      Lock icon Walking on eggshells
      1462 31  -  When volatility is the norm, keep in mind the age old caveat: buyer beware MONEY MATTERS MICHAEL PREISS JOHN Maynard Keynes expressed it best when he said: "Nothing is more suicidal than a rational investment policy in an irrational world." Wall Street might have created the most
      1,462 words
  • Page 31 Advertisements
Page thumbnail Page 32
  • It If executive Money
    • Article, Illustration
      Lock icon Is it time
      1091 32 Time to get out, or time to go in? Strategists tell GENEVIEVE CUA why, after last week's rout, they still believe in equities, and what they'll be looking out for RECESSION and a bear market are not on the cards, say strategists and advisers, but investors would
      AP PHOTO  -  1,091 words
  • Page 32 Advertisements
    • Advertisement
      Lock icon Page 32 Advertisements Column 1
      141 32 Nanyang Executive Programs CFDs are a flexible and cost-efficient way to trade on Singapore and international shares. (AC) 6390 5118 Go long or short ofshares on margin, putting up a fraction of the full contract value. Guaranteed market prices, and low commissions 24-hour dealing on global markets Risk protection available:
      141 words
    • Advertisement
      Lock icon Page 32 Advertisements Column 2
      7 32 MONEY MATTERS Walking on eggshells PG 31
      7 words