The Business Times, 9 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: 31
1 32 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    20 1 The Business Times A SINGAPORE PRESS HOLDINGS PUBLICATION Friday, March 9,2007 SINGAPORE 85 cents online at http://business-times.asial.com.sg MICA (P) 202/12/2006
    20 words
  • Article
    Lock icon Temasek close to selling part of Shin: sources
    502 1 New acting iTV chief quits after less than 24 hours Reuters. AFP [BANGKOK] Singapore investment company Temasek Holdings is close to selling some shares in telecoms group Shin Corp to Thai investors, financial sources said, in a move to defuse political tension
    Reuters.; AFP  -  502 words
  • Article
    Lock icon Utama forgoes RM3OOm, accepts lower bid
    774 1  -  EPF surprises market in pulling off RHB deal By S JAYASANKARAN in Kuala Lumpur UTAMA Banking Group yesterday accepted a lower bid for its interest in Malaysian banking group Rashid Hussain Berhad (RHB) from a state-owned pension fund, bringing closure to a protracted takeover
    774 words
  • Article
    Lock icon MARKETS DIGEST
    129 1 sn 3,***** (+6334) ST INDEX FUTURES 3,122.00 (+61.00) siMsa 382.10 (+7.82) SIMSa FUTURES 382.70 (+7.90) MARKETS Thursday Change KLCOMP 1.187.06 +3(148 NIKKEI 225 17,090.31 +325.69 HANG SENG 19,175.17 +256.53 SET INDEX <71.98 +1j61 JAKARTA COMP 1,771.56 +2837 MANHA COMP 3,028-37 -34.89 SEOUL COMP 1,423 89 +12.94 SHENZHEN 8
    129 words
  • Page 1 Advertisements
Page thumbnail Page 2
  • TOP STORIES
    • Article
      Lock icon THREE-MINUTE DIGEST
      438 2 Most middle managers in S'pore are dissatisfied JUST one-quarter of middle-level managers in Singapore are satisfied with working in their current organisations, and one in two gave an average score to their companies on most issues, according to Accenture. This is startling when compared to US respondents where
      438 words
    • Article
      Lock icon Insurers back Elder Shield revamp but want details
      980 2  -  Some potential new players concerned about limited size of market By MATTHEW PHAN (SINGAPORE] Presented with an opportunity to enter the disability insurance market under Elder Shield, some providers are hesitating, saying that they need more details before they decide whether such
      980 words
    • Article
      Lock icon Correction
      49 2 IN "Analysts zoom in on stocks with good yields" (BT, March 6), we mistakenly attributed three stocks to UOB KayHian as its choice of high-yielding stocks. The three stocks Cityneon, Courage Marine and OKP Holdings did not come from the broking house. We are sorry for the error.
      49 words
    • Article, Illustration
      Lock icon Li Ka-shing gives record $100 m to LKY school
      479 2  -  By By TAMARA MOHANAN KUPPUSAMY [SINGAPORE] Hong Kong tycoon Li Ka-shing has donated a record $100 million to the Lee Kuan Yew School of Public Policy (LKYSPP) at the National University of Singapore (NUS). The money is equal to Yong Loo
      FILE PHOTO  -  479 words
    • Article
      Lock icon 2nd phase of Marina Bay Financial Centre sold for $907 m
      305 3  -  By KALPANA RASHIWALA [SINGAPORE] The Urban Redevelopment Authority (URA) yesterday gave a detailed breakdown of the price paid by the consortium developing the Marina Bay Financial Centre for the second and final phase of the 99-year leasehold site. The
      305 words
    • Article
      Lock icon Most middle managers here dissatisfied
      714 3  -  Poor prospects, lack of credit for effort lousy pay among factors cited By AMIT ROY CHOUDHURY (SINGAPORE] Just onequarter of middle-level managers in Singapore are satisfied with working in their current organisations, and one in two gave an average score to their companies on most
      714 words
    • Article, Illustration
      Lock icon Marina Bayfront office block to turn into homes?
      658 3  -  Owner may want to cash in on demand for city dwelling By KALPANA RASHIWALA [SINGAPORE] Could Marina Bayfront office block, currently occupied by Merrill Lynch at Marina Square, make way for apartments boasting views of The Esplanade and Marina Bay? Industry sources
      ARTHUR LEE  -  658 words
  • Page 2 Advertisements
    • Advertisement
      Lock icon Page 2 Advertisements Column 1
      140 2 people Your search ends here. Study in Australia An Education Experience that makes a real difference Australian Schools Info Evening Meet some of Australia's acclaimed primary, secondary boarding schools offering Grade 1-12 education. Learn about Australia's quality education pathway that provides a unique, creative learning experience for your child. Hale
      140 words
Page thumbnail Page 3
Page thumbnail Page 4
  • COMPANY NEWS
    • Article
      Lock icon Good dealfor both TT and ICI, but with some questions
      622 4  -  Hock Lock Siew By CONRAD RAJ THE injection of electronic appliances dealer TT International's Akira business into International Capital Investment (ICI) appears to be a winner for both parties. TT says its interest will be better served by providing the
      622 words
    • Article, Illustration
      Lock icon Tecity's stake in FJ Benjamin raised to 13.45%
      466 4  -  Conversion of 28.5 m warrants boosts FJB's coffers by $12.82 m By MICHELLE QUAH RAFFLES Investments (RI), which belongs to the Tecity Group run by former Robinson director Chew Gek Khim, has upped its stake in fashion and lifestyle group, FJ Benjamin
      466 words
    • Article
      Lock icon Capital ratio easing OK for local banks: S&P
      261 5 RATING agency Standard Poor's said yesterday that the three Singapore banks could tolerate some easing in their capital ratios without diminishing their credit profile to the extent that their credit ratings would be lowered. S&P's comments come after the Monetary Authority of
      261 words
    • Article, Illustration
      Lock icon Frasers Centrepoint looks to grow overseas
      643 5  -  Group hopes to expand retail and residential business abroad By UMA SHANKARI FRASERS Centrepoint Ltd (FCL) is looking to grow its retail and residential portfolio abroad, chief executive Lim Ee Seng told BT in an interview. "For retail, we are geographically quite limited in
      643 words
    • Article, Illustration
      Lock icon BBR in talks to buy Holland Crest for $75m
      300 5  -  By KALPANA RASHIWALA BBR Holdings is said to be negotiating a deal to buy Holland Crest for about $75 million. This works out to over $880 psf of potential gross floor area. No development charge is payable. The unit land price
      Source  -  300 words
    • Article
      Lock icon Star Hub up on cash payout plan
      189 5 Thetelco's shares end the day at $2.92, up six cents Bloomberg SHARES of Star Hub Ltd, the second-largest phone company in Singapore, climbed yesterday on a plan to pay $444 million to shareholders after cancelling about 8.3 per cent of its stock. Star
      Bloomberg  -  189 words
    • Article
      Lock icon COMPANY BRIEFS
      249 7 No goforTrimegah Securities acquisition OCBC said yesterday that the proposed acquisition by its wholly owned subsidiary, Excel Holdings Pte Ltd, of 29.5 per cent of Indonesia's PT Trimegah Securities Tbk will not proceed. The acquisition was subject to certain conditions, including regulatory approval in Indonesia. As the relevant
      249 words
    • Article, Illustration
      Lock icon Keppel FELS looking for more Viet jobs
      605 7  -  PetroVietnam president says the country wants to order more oil rigs By BENITA AW YEONG RIG builder Keppel FELS hopes to bag contracts to build some 10 to 15 oil rigs for Vietnam, after it handed over the country's first fully owned jackup
      LIM WUI LIANG/THE STRAITS TIMES  -  605 words
    • Article, Illustration
      Lock icon Techcomp sees 20-25% revenue growth a year
      249 7 Reuters TECHCOMP Holdings, which makes and sells scientific testing equipment, expects annual revenue growth of 20 to 25 per cent over the next few years, underpinned by growing demand in China and India. Based in Hong Kong and listed in Singapore, the company
      Reuters  -  249 words
    • Article
      Lock icon Vietnam's Vinamilk plans SGX listing this year
      328 7 IPO WATCH Dairy maker would be first Viet firm to list here Reuters [HANOI] Vietnam's leading dairy maker Vinamilk said yesterday that it plans to list 5 per cent of the firm, or more than 8.85 million shares, on the Singapore stock market
      Reuters  -  328 words
    • Article
      Lock icon China drug-maker Sihuan plans IPO
      9 7 Reuters Chinese drug-maker Sihuan
      Reuters  -  9 words
  • Page 4 Advertisements
    • Advertisement
      Lock icon Page 4 Advertisements Column 1
      1580 4 Cats Notices FCI Asia Pte Ltd Incorporated in the Republic of Singapore (Registration No. *****1714E) NOTICE NOTICE IS HEREBY GIVEN pursuant to Section 76(10)fli) and Section 76(12) of the Companies Act, Chapter 50 of Singapore (the Compaaies Act"), that at an Extraordinary General Meeting of FCI Asia Pte Ltd (the
      1,580 words
    • Advertisement
      Lock icon Page 4 Advertisements Column 2
      255 4 In the Matter of The Companies Act, Cap. 50 And In the Matter of S V INVESTMENT PTE LTD (In Members' Voluntary liquidation) (Co. Reg No. *****0817K) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuont to Section 308 of the Companies Act, Cap. 50, the Final Meeting of
      255 words
    • Advertisement
      Lock icon Page 4 Advertisements Column 3
      1560 4 FCI Connectors Singapore Pte Ltd Incorporated in the Republic of Singapore (Registration No. *****7473H) NOTICE NOTICE IS HEREBY GIVEN pursuant to Section 76(10Xh) and Section 76(12) ofthe Companies Act, Chapter 50 of Singapore (the "Companies Act"), that at an Extraordinary General Meeting of Fa Connectors Singapore Pte Ltd (the "Company")
      1,560 words
    • Advertisement
      Lock icon Page 4 Advertisements Column 4
      557 4 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER Of ZENITH MEDIA INDOCHINA PTE LTD (Registration No. **********) (In Member's Voluntary Liquidation) NOTICE OF RESOLUTIONS (Pursuant to SadMn 290(2)(b)] An Extraordinary General Mooting of the Company deemed to have been convened pursuant to Section 179(6) of
      557 words
    • Advertisement
      Lock icon Page 4 Advertisements Column 5
      564 4 Cats Notices IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF NORDIC EUROPEAN CENTRE PTE LTD (Company Registration No: *****7697W) (In Members' Voluntary liquidation) NOTICE OF RESOLUTION At on Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at No.
      564 words
    • Advertisement
      Lock icon Page 4 Advertisements Column 6
      470 4 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF TECHNO POLYMER SINGAPORE PTE LTD (Company Registration No.: *****4085H) (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act. Cap 50 that the Final Meeting of
      470 words
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      29 5 MITSUBISHI SHOWROOM: 241 Alexandra Road, Singapore *****1 Tel: 6473 9722 AUTHORISED DEALER: Cycle Carriage Fulco Motor Dealer, 22 Übi Road 4, Fulco Building, Singapore *****7 Tel: 6746 3000 www.mitsubishicars.com.sg
      29 words
Page thumbnail Page 6
  • Page 6 Advertisements
    • Advertisement
      Lock icon Page 6 Advertisements Column 1
      115 6 You can't tame the city in 96 hours. But you can try. Our serviced residences place you in the heart of key cities across the Asia Pacific and Europe so you can get to your engagements, fast.The city never sleeps, but sometimes you have to. Z^ 1 j H1 fIPQ
      115 words
Page thumbnail Page 7
Page thumbnail Page 8
  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Better showing as STI crosses 3,100
      558 8  -  STOCKS All sectors gain ground; banks and the Jardine group contribute to the index's surge R SIVANITHY Senior Correspondent IN CONTRAST to Wednesday's shaky performance, the local stock market yesterday turned in a more assured showing, thanks mainly to strong upward moves in Japan
      Source Bloomberg  -  558 words
    • Article, Illustration
      Lock icon Untitled
      908 8 SECURITIES TRADING SCOREBOARD MAM SDQ TOTAL Up P—m U»dl lip Down Uwdi Up Dow IMdi Multilnd 13 1 3 j 10 0 14 1 3 Manufacturing 91 45 54 13 10 19 104 55 73 Commerce 34 22 22 4 7 4 38 29 26 Tpt/Stor/Comms 23 3 13 2
      908 words
    • Article, Illustration
      Lock icon BROKERS'TAKE
      943 8  -  Compiled by UMA SHANKARI IN A widely anticipated move, the Singapore Exchange (SGX) has announced the acquisition of a 5 per cent stake in Bombay Stock Exchange (BSE) at 5,200 rupees (Ssl79) per share (or an acquisition cost of U5542.7 million). In addition, there is an agreement to invest
      Source Bloomberg  -  943 words
    • Article, Illustration
      Lock icon Carry-trade players back in action?
      540 8  -  CURRENCIES LARRY WEE Senior Correspondent COOLER heads, hotter stocks and higher gold prices combined to help lure carry-traders back into action on currency markets yesterday, with the result that commodity currencies were once again re- cording larger gains versus the Japanese yen than the US
      Source Bloomberg  -  540 words
Page thumbnail Page 9
  • Page 9 Advertisements
    • Advertisement
      Lock icon Page 9 Advertisements Column 1
      19 9 Official Airline Official Brew Official Champagne Official Cargo Official Hotel Official Magazine Official Newspaper Official Radio Station Official Waters
      19 words
Page thumbnail Page 10
  • SINGAPORE NEWS
    • Article
      Lock icon MCYS considering 'Mental Capacity Act'
      465 10  -  By JANICE HENG A NEW law to help people plan for the possibility of their losing their mental capacity, by appointing someone in advance to act on their behalf for such an eventuality, is being considered by the Ministry of Community Development, Youth and Sports
      465 words
    • Article, Illustration
      Lock icon CPF mulling ways to raise members' returns: Eng Hen
      619 10  -  YESTERDAY IN PARLIAMENT Investment in shortterm S'pore govt securities one option By CHUANG PECK MING THE Central Provident Fund is studying ways to make it easy to invest CPF money in short-term Singapore government securities to boost retirement income. Manpower Minister
      619 words
    • Article
      Lock icon Philip Yeo to chair two new committees
      156 10 PHILIP Yeo, outgoing chairman of the Agency for Science. Technology and Research (A*Star) and soon-to-be chairman of Spring Singapore, will chair two new committees formed by the Ministry of Community Development, Youth and Sports. One is the Silver Industry Committee, which is intended
      156 words
    • Article
      Lock icon Aim for 65% job rate for older workers: Swee Say
      276 10  -  By JANICE HENG OLDER Singaporeans may be a significant source of workers over the next five years, said secretarygeneral of the National Trades Union Congress (NTUC), Lim Swee Say. Referring to an estimate by the Ministry of Manpower on Wednesday,
      276 words
    • Article
      Lock icon IT firms here 'ready to meet financial sector's demands'
      314 11  -  By TETTYANA JASLI SINGAPORE'S infocomm technology (IT) firms are well-placed to meet the increasingly complex and higher-value requirements of the financial services industry, said the deputy chief executive officer of International Enterprise (IE) Singapore, Ted Tan, yesterday. Speaking at the annual
      314 words
    • Article
      Lock icon Mapping of S'pore: SLA seeks your views
      22 11  -  By ARTHUR SIM Plans for Singapore to be mapped Further details are available ar www.sla.gov.sg.
      22 words
    • Article, Illustration
      Lock icon Fast-track collateral-free facility for SMEs
      608 11  -  HSBC launches criteria-based receivables financing package By NANDE KHIN START-UPS and small businesses. a group long neglected by banks, can now get access to collateral-free financing by making use of their receivables through a new offering by HSBC. And they will be able to know
      JOHN HENG  -  608 words
    • Article
      Lock icon SINGAPORE ROUNDUP
      176 11 URA auctions 11 land parcels in Kg Glam THE Urban Redevelopment Authority (URA) yesterday auctioned 11 land parcels of unrestored conservation shophouses in Kampong Glam. The highest successful bid was for a 516.4-square-metre land parcel on Jalan Sultan, which went to Classic View Pte Ltd for $3.06 million.
      176 words
    • Article
      Lock icon Ex-NKF directors Yong, Loo in court on criminal charges
      343 11  -  By WEE LI-EN TWO former National Kidney Foundation (NKF) directors were in court yesterday to face criminal charges for causing the charity to make excessive payments to software company Forte Systems Inc. NKF and Forte agreed in September 2001 that Forte
      343 words
    • Article
      Lock icon Police investigation of Mitsui oil trader still on
      322 11  -  Rogue trader who concealed US$81 m losses out on bail By RONNIE LIM THREE weeks after his arrest here, and subsequent release on bail, Singapore police are still investigating the rogue Japanese naphtha trader who concealed US$Bl million of trading losses at
      322 words
  • Page 10 Advertisements
Page thumbnail Page 11
Page thumbnail Page 12
  • ECONOMY WATCH
    • Article, Illustration
      Lock icon China must open its capital markets: US
      416 12 Beijing should also free interest rate controls, speed up bank sales: Paulson Bloomberg [NEW YORK] US Treasury Secretary Henry Paulson said China risks wasting trillions of dollars in resources and lost economic potential unless it rapidly opens its capital markets. "An open, competitive
      Bloomberg; AP  -  416 words
    • Article
      Lock icon Risks in US bill aimed at China forex: analysts
      205 12 It could damage trading system by ensnaring other countries too Reuters [WASHINGTON] Congress should think twice before approving a popular bill aimed at protecting American manufacturers from China's exchange rate policies by revamping US trade remedy laws, analysts said on Wednesday.
      Reuters  -  205 words
    • Article
      Lock icon BURSA MALAYSIA
      2457 12 vol m»i m r—Q) A A M Realty 1.75 024 369 AbricBhd _J»3t 0.08 181 Acp Industries 164 0.04 851 Advance Synergy .0.30 0.03 1305 Ad»enta Bhd .0J6 -0.01 38 AeMuKi Hldgs .036 0.01 427 Affin Holdings 2.32 0.12 ***** Ahmad ZakiResou 2*8 0.11 20 AicCorp .0.62 0.03
      2,457 words
    • Article
      Lock icon UK to review some private equity tax breaks
      123 12 Reuters [LONDON] Britain plans to review the tax benefits of a commonly used debt component in private equity deals, but will not eliminate the tax-deductible status of interest as some critics have urged. Economic Secretary to the Treasury Ed Balls said yesterday.
      Reuters  -  123 words
    • Article
      Lock icon Global property investment to top '06's US$682b
      221 12 Bloomberg [SINGAPORE] Driven by demand for real estate in Asia, investments in global commercial property this year will probably exceed last year's US$6B2 billion, according to a report by Jones Lang LaSalle. Commercial property investments rose 41 per cent to US$94 billion in
      Bloomberg  -  221 words
  • Page 12 Advertisements
Page thumbnail Page 13
  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Construction growth in M'sia seen lifting consumer demand
      502 13 Approved projects so far this year exceed 50% of last year's total value [PETALING JAYA] With rumblings that the domestic economy is not growing as fast as it should be, many are banking on Malaysia's construction sector to play a crucial role
      BLOOMBERG  -  502 words
    • Article
      Lock icon Umbrella body for Malaysian federal ports
      242 13 Bernama [KUALA LUMPUR] The Malaysian government is setting up a Malaysia Ports Commission (MPC) to bring all federal port authorities under one umbrella. This will also pave the way for funds from all local ports to be channelled into strategic development projects, according to
      Bernama  -  242 words
    • Article
      Lock icon Disaster relief may push up Indonesian Budget deficit
      425 13 [JAKARTA] The Indonesian government may opt to increase the deficit rather than tinker with current allocations should disastermitigation spending eventually put a strain on the national Budget, says a report in Jakarta Post quoting the finance minister. The government would also look
      425 words
    • Article
      Lock icon Quake survivors trying to pick up the pieces
      144 13 Reuters [BUKITTINGGI, Indonesia! Hundreds of Indonesians tried to pick up the pieces of their lives by starting to rebuild their quake-flattened homes yesterday as aid poured in for thousands camping out in tents or open fields. Two days after the deadly quakes
      Reuters  -  144 words
  • Page 13 Advertisements
Page thumbnail Page 14
Page thumbnail Page 15
Page thumbnail Page 16/17
  • Page 16/17 Advertisements
    • Advertisement
      Lock icon Page 16/17 Advertisements Column 1
      31 16/17 As the world demand for energy continues to increase, oil and gas exploration and production must now be conducted in challenging environments— and more support vessels are reguired than ever before.
      31 words
Page thumbnail Page 18
  • MIDDLE EAST
    • Article
      Lock icon Warming Gulf-China ties come at US expense
      758 18 Surge of Gulf funds into Asia may in the future affect US economy and dilute its political clout AP [DOHA] China and Arab countries in the Gulf region are rushing to each pther in an increasingly close embrace, throwing money into each other's
      AP  -  758 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      7179 18 UNIT TRUSTS FUNDS ABN Antra Ami Mgt (S'pore) Star Europe Eqty!"...:. 1.025/ Star Europe Bond 1.181/ Star Europe Bat 1J0& Star Asm TigaEift 1J» Sta> Asa Bead ***** Star Asia Balanced 1.093/ S&r Global Technology Fund'" 0206/ Multi St M 0.988/ Star Asa SondlUSD) 0361/ Gt> Mufti St USD 1.168/
      7,179 words
  • Page 18 Advertisements
Page thumbnail Page 19
  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon Fed report notes some slowdown in US growth
      357 19 Beige Book points to weak housing but analysts say it does not imply a big shift in Fed tone NYT; Reuters [NEW YORK] While a "modest expansion" continued in most regions of the United States from early January to late February, the
      NYT;; Reuters  -  357 words
    • Article
      Lock icon CFOs in Asia more upbeat on economy: poll
      316 19 Bloomberg, Reuters [HONG KONG] Chief financial officers in Asia are more optimistic about the economy and expect higher earnings over the next 12 months, according to a joint survey by Duke University and CFO Magazine. They also see increased capital expenditure and
      Bloomberg,; Reuters  -  316 words
    • Article
      Lock icon NYSE boosting order capacity to avoid future disruptions
      329 19 Bloomberg [NEW YORK] The New York Stock Exchange, where a computer slowdown last week forced some floor brokers to complete trades by hand, plans to increase its order capacity by more than 60 per cent to avoid similar disruptions. "We will have
      Bloomberg  -  329 words
    • Article
      Lock icon ECB ups rate, hints at another hike in months
      412 19 AP [FRANKFURT] The European Central Bank raised its key interest rate by a quarter of a percentage point to 3.75 per cent yesterday, despite recent declines in inflation and volatile global stock markets, in a move aimed at keeping growth in
      AP  -  412 words
    • Article, Illustration
      Lock icon Arnault Colony take 10% in Carrefour
      350 19 Move coincides with resignation of retailer's chairman AFP. Bloomberg [PARIS] French billionaire Bernard Arnault and US fund Colony Capital have amassed a near 10 per cent stake in Carrefour, the world's second-largest retailer. Their announcement on Wednesday came the same day that Carrefour said
      AFP.; Bloomberg; AFP  -  350 words
    • Article
      Lock icon Aeon-Daiei deal set to create Japan's biggest retailer
      328 19 Reuters [TOKYO] Aeon Co, Japan's second-biggest retailer, has finalised an agreement to take a stake in supermarket chain Daiei Inc, a source said yesterday, closing a US$32O million deal to create the country's top retail group. In addition to 15 per cent
      Reuters  -  328 words
  • Page 19 Advertisements
    • Advertisement
      Lock icon Page 19 Advertisements Column 1
      1028 19 GRP LIMITED (Incorporated in the Republic of Singapore) Company Registration No.: *****1449 C NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY QIVEN that an Extraordinary General Meeting ("EGM") of GRP Limited (the •Company*) will be held at 1 Bukit Batok Street 22, Meeting Room Level 8, GRP Industrial Building, Singapore
      1,028 words
Page thumbnail Page 20
  • AVIATION
    • Article, Illustration
      Lock icon Indon pilots blame wind, police suspect human error for crash
      503 20 GARUDA CRASH Initial findings from plane's black box could be available within days AFP [YOGYAKARTA] The pilots of an Indonesian airliner that burst into flames after a hard landing reportedly blamed a huge gust of wind while police said yesterday
      AFP  -  503 words
    • Article
      Lock icon Finnair orders Airbus planes; Boeing sells freighters to DHL
      240 20 Reuters. Bloomberg [HELSINKI] Finnair agreed to buy 11 Airbus A 350 XWB planes yesterday, converting an order for nine of an earlier version of the recently changed airliner and adding seven other planes to a deal worth over US$3 billion at
      Reuters.; Bloomberg  -  240 words
    • Article, Illustration
      Lock icon Lufthansa expects 2007 profit to rise
      361 20 Bloomberg [FRANKFURT] Deutsche Lufthansa AG, Europe's second-biggest airline, said earnings this year will rise on growth in air travel and a 500 million-euro (Ssl billion) gain from the sale of its half of tourism operator Thomas Cook. "Revenues are growing and we have a
      Bloomberg  -  361 words
    • Article
      Lock icon US school to train Indian pilots to meet demand
      12 20 AFP (Bangalore, India)
      AFP  -  12 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2337 20 oiy mb ba man wd AhnOteM SQ455 1225 AdalaidaLH9771 1740 LH9770 2350 »2W 1740 5Q269 ?350 Ahmadahad SQ531 0745 A—tardaaiL***** 0645 KL838 2315 SQ323 0645 L***** 2345 "1*37 1605 5Q324 234? AurtUnd EK433 0130 IH9766 2100 UL2433 0130 NZ4385 2100 SO282 0630 5Q285 2100 IH9767 2015
      2,337 words
    • Article
      Lock icon Fly Asian Xpress to order 15 planes: Fernandes
      269 20 Bloomberg [SINGAPORE] Fly Asian Xpress, a Malaysian airline that's starting a new longhaul budget carrier, plans to order 15 twin-aisle aircraft from Airbus SAS or Boeing Co, valued at as much as US$2.9 billion at list prices. Air Asia X, the new
      Bloomberg  -  269 words
Page thumbnail Page 21
  • SHIPPING
    • Article, Illustration
      Lock icon PSA's South America plans may be checked
      496 21  -  Ecuador govt considering scrapping tender for Guayaquil port By DONALD URQUHART [SINGAPORE] PSA International's hopes for a terminal in South America may be dashed, at least temporarily, as the Ecuadorian government is considering scrapping the tender process for the country's Guayaquil port after
      496 words
    • Article
      Lock icon Detention orders upheld
      851 21  -  ADMIRALTY CASEBOOK By SELVA KUMAR THE Administrative Appeals Tribunal in Canberra last month threw out a challenge to two detention orders issued by the Australian Maritime Safety Authority (AMSA) in August 2005 against the vessels MV Noble Dragon and MV Afric Star. In the case of the
      851 words
  • Page 21 Advertisements
Page thumbnail Page 22
  • EDITORIAL & OPINION
    • Article
      Lock icon Sound advice for surprising times
      507 22 EDITORIAL SINGAPORE, and the world in general, have had it good for the last decade. The economy has been humming along, and despite sporadic surprises here and there, the world by and large is still a safe place. The stock markets have, until recently, been
      507 words
    • Article, Illustration
      Lock icon China, don't brand Taiwan changes as independence
      789 22  -  THE BOTTOM LINE FRANK CHING FOR some time now, China has learned that it is counterproductive to threaten Taiwan. Instead, Beijing in recent years has restrained itself in the face of provocation from President Chen Shui-bian and relied on Washington to rap him
      789 words
    • Article, Illustration
      Lock icon Raising the bar of good, governance
      1329 22  -  The 75% voting system can diminish any underlying uncertainty in working conditions where many dissenting voices can create confusion and hence poor management implementation By ONG YONG HWEE THE National Kidney Foundation (NKF) saga is really an eye opener. Given the organisation's high profile
      FILE PHOTO  -  1,329 words
    • Article, Illustration
      Lock icon Paulson flexing his muscles in Asia
      1235 23  -  He has made headlines in recent days as he toured the capitals of America's trade partners in the region LEON HAOAR Washington Correspondent WITH the forced resignation of former defence secretary Donald Rumsfeld, US President George W Bush's cabinet seemed to have lost its
      AP  -  1,235 words
    • Article
      Lock icon Why can't HDB be kind, moreflexible?
      460 23 LETTER TO THE EDITOR MY friend's HUDC flat was foreclosed in 2005, because he lost his job in 2000 during the dotcom bust. He was unable to find a full-time job until last year. He struggled to keep up with his mortgage repayments from
      460 words
    • Article
      Lock icon Where did all that money go?
      378 23  -  By VIKEN BERBERIAN IHT IP it dude, rip it," said one of J the research analysts behind me, "Come on baby, go up." He was talking to his Bloomberg terminal, the global provider of real-time financial news and data, hoping that the stocks in
      IHT  -  378 words
Page thumbnail Page 23
Page thumbnail Page 24
  • Article
    Lock icon SINGAPORE STOCKS
    10848 24 SGX MAINBOARD Transaction date: Mar 8 52-M Td Last Vol Day LkI Quota Wv GrYW Net MCap High Lew Coda Conpiiiy Sala +1- C000) High low !«>» Solor C"w Wt SmM 15 1 5716 1st Software 2 susp 8.1 II 5 6 3148 STetecom 9 unch 3SO 9
    10,848 words
  • Page 24 Advertisements
    • Advertisement
      Lock icon Page 24 Advertisements Column 1
      26 24 Trade from 20% deposit (5x leverige) on meal goods Go long or short Accent to Asian, US, Euro Select Exchange Traded Funds and Competitive Commission charges
      26 words
Page thumbnail Page 25
  • Article
    Lock icon FINANCE & COMMODITIES
    7011 25 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES li leal am InSS lalKS &i yr dy yr dy %yr Mf 7 tndw Chtngt Omwq« Onwg* Chug* Chang* Chang* World *>de» Preliminary 1091.5 11 -tl M M 13 -M t [Art P-efcrmar* ***** 04 -02 04 -01 05 -03 Europe Pnfcwnary *****
    7,011 words
Page thumbnail Page 26
  • Page 26 Advertisements
    • Advertisement
      Lock icon Page 26 Advertisements Column 1
      117 26 UK CONTINENT SERVICE U.S.A SERVICE Destination Destination YORDAN LUTIBRODSK RDM/ATW/BMNALB/NAN STXPOTBN CAM/NFK/NOL/SAV Loads Singapore, E./W. Malaysia, Indonesia E /w Indonesia MIPPLE-EAST SERVICE F.EJS.EJL SERVICE Destination PAN VOYAGER JDH/DMT/BJA Destination DD MASTER DBI/ABU/DOH/BRN/DMM/KWT QUOCTU GAM INC/BSN PAN BRIGHT DBI/ABU/DOH/BRN/DMM/KWT Loads Singapore, E./W. Malaysia, Indonesia Loads E. Malaysia, Indonesia OTHER SERVICES Tramping
      117 words
    • Advertisement
      Lock icon Page 26 Advertisements Column 2
      95 26 Wallenius Wilhelmsen logistics P. T. DJAKARTA LLOYD (PERSERO) AUSTRALIA FULL CONTAINER SERVICE LINE FAST (tew 315 Outram Rood #07-08 Ton Boon liot Building Singapore *****4 lei: (65) 6223 7223 fax:(6s) 6222 7838 email: contociOlinefost.com SINGAPORE BALIKPAPAN, KALIMANTAN weekly container and conventional services MV Kariangau Express ETD SIN *****7 ETA BPN
      95 words
Page thumbnail Page 27
Page thumbnail Page 28
Page thumbnail Page 29
Page thumbnail Page 30
  • ARTS
    • Article, Illustration
      Lock icon Art of raising money for the arts
      958 30 Singapore badly needs experimental places like The Substation, says Thomas Yeo, whose Reflections, partly a fundraiser show, opens today. PARVATHINAYAR reports Jf jj jf** IVEN the way a the share marI mm ket has performV I ed this week, art is looking quite
      ARTHUR LEE  -  958 words
    • Article
      Lock icon Titoudao's boisterous staging entertains
      527 30  -  By PARVATHI NAYAR ONE definition of a rich life is a lifetime that is filled, not with loads of dosh though that helps but with the abundance of experience. An eventful youth and creative adult life leading to an eventual sense of equanimity is the story
      527 words
    • Article
      Lock icon A rousing, inventive musical work
      296 30  -  By MATTHEW PHAN 'SINGAPORE: A Geopolitical Utopia', which played at the Esplanade Concert Hall on Monday, turned out to be an inventive musical work, though marred by an uninspiring middle where a man did nothing more creative than shout rather loudly. The 50-minute work began
      296 words
  • Page 30 Advertisements
    • Advertisement
      Lock icon Page 30 Advertisements Column 1
      105 30 Diners Club Card To apply, Lunch promotion Enjoy our value meal at 7.50 only? Bacchus Boathouse Seasons Reasons /ffW The Seafood International Market Restaurant Waterboat House #03-01 (3 Fullerton Road), Tel: 6538 9038 Raffles City Shopping Centre #81-72/73, Tel: 6100 0122 J3M&) East Coast Seafood Centre (UDMC) #01-03, Tel: 6345
      105 words
    • Advertisement
      Lock icon Page 30 Advertisements Column 2
      3 30 ELEVATE YOUR SENSES...
      3 words
    • Advertisement
      Lock icon Page 30 Advertisements Column 3
      53 30 Award winning wines from Western Australia Southwest Corner. "Harvey River Bridge Estate Cabernet Shiraz Merlot 2004". A well-balanced full-bodied blend of rich cherry raspberry, plum and vanilla characters- excellent for maturing. "Harvey River Bridge Estate Unwooded Chardonnay 2005". A clean, rounded fullness and maximum varietal definition. Enjoy it early. S46+++
      53 words
    • Advertisement
      Lock icon Page 30 Advertisements Column 4
      29 30 To Cclebrote With A corporate gift, company dinner just casual drinking, Le a large HMH selection of wines for each occasion. Co^*mJ by 40 Holland Grove Rd. Tel: *****053
      29 words
    • Advertisement
      Lock icon Page 30 Advertisements Column 5
      2 30 Good gains
      2 words
Page thumbnail Page 31
  • CINEMA/WINE
    • Article, Illustration
      Lock icon Epic battle of bods, sweat and more blood
      624 31 '300' proves such movies can still be imaginative and entertaining, says GEOFFREY EU THE effects-laden movie 300 is at once a brutal, bloody and beautifully intense interpretation of the graphic novel by Frank Miller and Lynn Varley about the Battle of Thermopylae
      FILE PHOTO  -  624 words
    • Article, Illustration
      Lock icon Not really cinematic, but inspiring
      537 31  -  By PARVATHI NAYAR BRITISH playwright Alan Bennett's The History Boys enjoyed a sellout run at London's National Theatre in 2004, and deservedly so. It was a delight to watch Bennett put his facility with words and wit to such gleefully provocative use. Boys is a
      FILE PHOTO  -  537 words
    • Article
      Lock icon A romantic comedy with large closes of charm
      517 31  -  By PARVATHI NAYAR THE cute-adorable factor is very high in Music and Lyrics ie, cute, self-deprecat-ing Hugh Grant and adorable, sweet Drew Barrymore appear together in the same film. Despite the pitfalls of this pairing of adjectives, at the very least, though
      517 words
    • Article, Illustration
      Lock icon Love in a mental hospital
      312 31  -  By GEOFFREY EU DIRECTOR Park Chan Wook is more readily associated with the extreme violence depicted in signature movies like Sympathy for Mr Vengeance. Oldboy and Lady Vengeance (his so-called vengeance trilogy) than his counterparts in Korean cinema, so a quirky love story set in
      FILE PHOTO  -  312 words
    • Article, Illustration
      Lock icon Guigal, king of Rhone's Cote-Rotie
      915 31  -  By N K YONG FOR most wine lovers, Rhone means Hermitage. Cote-Rotie? The response, if there is one, is likely to be: La Mouline, Landonne and La Turque". For a long time, Cote-Rotie wines languished in the shade of Hermitage. The reasons are historical and
      FILE PHOTO  -  915 words
  • Page 31 Miscellaneous
Page thumbnail Page 32
  • executive lifestyle
    • Article, Illustration
      Lock icon 'Tis the age of the branded condo
      1387 32 More developers are tapping renowned architects as a selling point for upmarket residential projects, reports CHEAH UI-HOON WHAT do residential condominiums like the Habitat at Ardmore, The Tomlinson, The Edge On Cairnhill, The Colonnade, the newly opened Cathay Residences, and the upcoming Reflections
      FILE PHOTO  -  1,387 words
    • Article, Illustration
      Lock icon Minotti comes along, drawn by Libeskind
      486 32  -  By CHEAH UI-HOON WHEN it comes to high-end residential properties, developers continue to raise the bar on things that make you go "wow" so that a property can stand out in the sea of new property launches. It helps to have a prominent name
      486 words
  • Page 32 Advertisements