The Business Times, 6 June 2007
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2007-06-06
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The Business Times
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Title Section20 2007-06-06 1 The Business Time A SINGAPORE PRESS HOLDINGS PUBLICATION MICA (P) 202/12/2006 Wednesday, June 6,2007 SINGAPORE 85 cents online at http://business-times.asial.com.sg20 words
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748 2007-06-06 1 ROLAND LIM - Takeover deal 'may fuel M&A speculation in Asia' By ROLAND LIM [SINGAPORE] World No 2 electronics contract manufacturer Flextronics International will buy competitor Solectron Corp in a US$3.6 billion deal The deal will boost Sin-gapore-head quartered Flextronics' annual revenue to more than US$3O billion, closing748 words
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Article, Illustration854 2007-06-06 1 CONRAD TAN - Benchmark STI to comprise 30 stocks, instead of 50 now By CONRAD TAN dex is the first of several such "theme indices" that may be launched later, including a possible index for Sesdaq-listed firms when the current review of the SGX second boardDESMOND WEE/THE STRAITS TIMES - 854 words
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Page 1 Advertisements
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Advertisement16 2007-06-06 1 Arts Fest Motoring US ECONOMY Beraanke expects a rebound soon PAGE 16 Corum Unlock and Conqer16 words
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Advertisement18 2007-06-06 1 CHINA Shares recover PAGE 3 Read the press release at httpJ/www. businesstimes. com.sg 111 Martets Digest, Page 218 words
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TOP STORIES
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570 2007-06-06 2 JANE MOIR - Career civil servant John Tsang tipped to take over as financial secretary By JANE MOIR in Hong Kong A CABINET shuffle in Hong Kong is expected to be announced after the 10th anniversary of the territory's handover to China on July 1, with570 words
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Article, Illustration691 2007-06-06 2 JAIME EE - His new restaurant is a 50:50 JV with the Garibaldi group By JAIME EE [SINGAPORE] Barely two months after being named number 83 on the Restaurant Magazine's World's Top 100 Restaurants, Les Amis has lost its chef, Gunther Hubrechsen, who691 words
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Article132 2007-06-06 2 STI 3,527.90 (-6.45) ST INDEX FUTURES 3,577.00 (-7.00) SMSCI 440.13 (-1.03) SIMSCI FUTURES 441.90 (-0.50) MARKETS Tuesday Chang* tCLCOMP 1.369.59 +9.32 NIKKEI 225 18.053.81 +90.39 HANG SENG 20,842.15 ->-112.56 SET INDEX 760.59 -10.02 JAKARTA COMP -18.642 MANILA COMP 3,608.14 -14.80 SEOUL COMP 1.742.19 +4.60 SHENZHEN B 659.31 +50.03132 words
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398 2007-06-06 3 Reuters AFP [SHANGHAI] China's main stock index plunged more than 7 per cent yesterday before rebounding to close 2.6 per cent higher, boosted by rumours that the government would soon issue a policy statement designed to restore investor confidence. As prices swung wildly andReuters; AFP - 398 words
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Article428 2007-06-06 2 SIA, Temasek closer to taking China Eastern stake SINGAPORE Airlines and Temasek Holdings are closer to acquiring a combined 24 per cent of China Eastern Airlines. The Chinese carrier's board has reportedly given the nod for a restructuring that would enable the duo to buy a stake for428 words
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412 2007-06-06 3 CONRAD RAJ - CEA's board approves revamp that will facilitate $1.42b purchase By CONRAD RAJ [SINGAPORE] Singapore Airlines (SIA) and its main shareholder Temasek Holdings are closer to acquiring a combined 24 per cent stake in China's thirdlargest carrier China Eastern Airlines (CEA). Beijing-based Caijing412 words
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574 2007-06-06 3 LYNETTE KHOO - The agreement will run for five years from July 1 By LYNETTE KHOO [SINGAPORE] The National Environment Agency (NEA) signed the first Singapore Packaging Agreement (SPA) yesterday with five industry associations representing about 500 companies, two non-govern- ment organisations and four public waste574 words
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Page 2 Advertisements
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Advertisement362 2007-06-06 2 Goods and Services Tax Seminar 2007 Date In response to requests from clients, the Indirect Tax practice is offering a Monday, 25 June 2007 third run of the Goods and Services Tax (GST) seminar. This seminar focuses on the transitional rules for the GST rate increase. Catch this run in362 words
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Advertisement92 2007-06-06 2 people Clients wanted. Astrkffil 23,300 sqf^^Tl7jcM Belmont Road 27,300 sqf Sl».xM Pk 20,300 sqf |14^1 Cable Road 36,000 sqf $30.xM Cluny Hill 16,000 sqf $18.xM East Sussex Lane 15,100 sqf 15.xM Ford Just Sold I SI3IYI Jervois Road (New) 15,000sqf $13.xM Leedonßoad 18,300 sqf $14.xM Oei Tiong Ham 16,200 sqf92 words
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Advertisement25 2007-06-06 2 Want the best price? Hold an auction. Call 1800 289 8822 or email notices@sph.com.sg to book your auction notice in our newspapers now. NOTICES I25 words
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Page 3 Advertisements
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Page 4 Advertisements
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Advertisement366 2007-06-06 4 Looks like another typical day in your IT department. It's time you tamed your IT system. Is your IT servers provide the most efficient server staff spending long hours dealing with rather solutions for your business. daunting tasks? Whatever happened to the notion that technology is supposed to make your366 words
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COMPANY NEWS
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Article, Illustration305 2007-06-06 5 UMA SHANKARI - By UMA SHANKARI QIAN Hu's shares surged 17.5 cents, or 46.1 per cent, to close at 55.5 cents yesterday the stock's highest price in more than two years after the ornamental fish retailer announced a proposed net special interim cash dividend of seven cents305 words
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733 2007-06-06 6 LYNETTE KHOO - HOCK LOCK SIEW By LYNETTE KHOO ANEW name, a new corporate culture and new shareholders all these are resulting in a renewed business and potentially new contracts being secured. That's the message Centillion Environment Recycling Ltd is sending eight months after its restructuring in October733 words
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Article, Illustration487 2007-06-06 6 HONG Leong Asia Ltd expects its earnings to remain robust in the next few years, driven by strong demand for building materials here and contributions from its diesel-engine and appliances manufacturing operations in China, chief executive Teo Tong Kooi said. "We have a very487 words
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205 2007-06-06 6 SOILBUILD said yesterday it sold eight mid- and upper-floor apartments at its freehold 44-unit Leonie Pare View project in the past two weeks for $3,000-$3,400 per square foot. This takes the total number of units sold to 26.205 words
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386 2007-06-06 7 —Bloomberg [NEW DELHI] Bharti Airtel Ltd, India's top wireless services company, had its share price target raised 9 per cent at HSBC Holdings pic, which said the firm will continue to expand market share. The one-year target was lifted to 1,110 rupees,—Bloomberg - 386 words
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369 2007-06-06 7 Bloomberg [BANGKOK] Total Access Communication pel (TAC), Thailand's secondbiggest mobile-phone operator, and its parent plan to raise as much as 9.32 billion baht (*****.2 million) in the country's biggest share sale in more than a year. TAC, traded inBloomberg - 369 words
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Article420 2007-06-06 7 Lee Pineapple ups stake in MediaRing LEE Pineapple Company has raised its deemed interest in MediaRing from 11.17 per centto 13.02 per cent. The increase came from open-market purchases of 21.5 million MediaRing shares at 44.9 cents apiece by Paramount Assets Investments Pte Ltd on Monday. Mapletree completes420 words
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422 2007-06-06 5 OH BOON PING - The electronics equity index rose 2.88 points to end at 129.45 points By OH BOON PING SINGAPORE technology stocks staged a strong rally yesterday, after Flextronics International announced its acquisition of rival Solectron Corp on Monday. The Singapore electronics equity index, which422 words
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358 2007-06-06 7 NISHA RAMCHANDANI - IPO WATCH It aims to solidify market position and increase customer base here By NISHA RAMCHANDANI AVI-TECH Electronics Limited, a Singapore-based company that provides services and products to the semiconductor industry, is seeking a Singapore listing. It has lodged its preliminary prospectus with the Monetary358 words
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Page 5 Advertisements
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Advertisement129 2007-06-06 5 A group of Japanese investors is interested to buy a whole project/building in any of the following categories: > Residential > Office > Retail > Hotel For Central Location: Investment amount is over SSlOOm ■71 TRE 21 PTE LTD Blrtl TOKIO PROPERTY SERVICES mW*M PTE LTD Pis contact: Mr Takano129 words
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Advertisement406 2007-06-06 5 V v..V.. fr'&ll Ygßo ''h- t v: >* SINGAPORE'S MOST MODERN SPECIALIST CLINICS. As the center for Singapore's newest state-of-the-art specialist clinics, Novena Medical Center offers doctors a rare opportunity to own a medical suite with great supporting infrastructure. BE A PART OF SINGAPORE'S EXPANDING HEALTHCARE SECTOR t H f406 words
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Page 6 Advertisements
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Advertisement1205 2007-06-06 6 DDVA Banco Bilbao Vizcaya Argentaria, S.A. Head Office: Plaza de San Nicolds 4 ,***** Bilbao, Spain Singapore Branch: UOB Plaza 1, 55-02 floor, 80 Raffles Race, Singapore *****4 Consolidated balance sheet Consolidated Income Statement (Ail amounts expressed in millions of euros unless otherwise stated) (All amounts expressed in millions of1,205 words
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Advertisement26 2007-06-06 6 r ..V 1* *>■■■ "*V "ft"''.*' ■>< V 1 ■> .1 \v.<" ">-•'* > V "J > LAN VIN PARIS Wisma Atria, #02-47 I Tel 6733 6167 Mon Sun, 10.30 am 9.30pm26 words
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Page 7 Advertisements
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Advertisement14 2007-06-06 7 because a picture paints a thousand words, you don't have to type so much14 words
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SINGAPORE MARKETS
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Article, Illustration554 2007-06-06 8 R SIVANITHY - STOCKS Late selldown of Sing Tel shares sends index into negative territory; Utac continues to enjoy support R SIVANITHY Senior Correspondent IN recent weeks, the Straits Times Index (STI) has often benefited from last-minute surges that pushed it higher, often into record territory,Source: Bloomberg - 554 words
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Article, Illustration577 2007-06-06 8 UMA SHANKARI - Compiled by UMA SHANKARI Keppel Land June 5 dose: $9.25 KIM ENG RESEARCH, June 5 GOOD morning, Vietnam!: We recently visited a number of Keppel Land's projects in Ho Chi Minh City (HCMC). Apart from Saigon Centre, a modern mixed development in the heart of HCMC's Central Business District577 words
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Article, Illustration928 2007-06-06 8 SECURITIES TRADING SCOREBOARD MAIN SDQ TOTAL Up Down Until Up Down Undi Up Down Unth Multi Ind J_ 6 4 J 0 0 864 Manufacturing 97 56 63 18 9 19 115 65 82 Commerce 31 18 32 1 9 J 2 32 27 44 Tpt/Stor/Comms 15 13 16 111928 words
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Article, Illustration455 2007-06-06 8 CURRENCIES —AFP [TOKYO] The euro edged up against the US dollar and the yen in Asian trade yesterday as the market bet on an imminent rise in eurozone interest rates, dealers said. The US dollar also gained on the yen as sentiment—AFP; AFP - 455 words
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SINGAPORE NEWS
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452 2007-06-06 9 Vincent Wee Matthew Phan - Experts praise S'pore on NEWater, membrane research By Vincent Wee Matthew Phan WATER engineers are working towards more energy efficient, decentralised treatment systems based on membrane technology to respond to constraints in developing countries and rising energy costs, participants said yesterday at452 words
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Article, Illustration478 2007-06-06 9 MATTHEW PHAN - By MATTHEW PHAN ELECTRONIC currency trading will become the norm in Asia as companies put systems in place that allow best execution and traceable transaction audits, says Phil Weisberg, founder and chief executive officer of online trading platform FXall. About 80 per478 words
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254 2007-06-06 9 AMERICAN International Assurance Company (AIA) yesterday launched the Financial Health Check Academy, a training facility at Nanyang Technological University's Centre for Continuing Education. At the academy, AlA's financial services consultants take a 12-week course that includes live case assignments and role-play. "We254 words
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178 2007-06-06 9 NETS yesterday defended the fee increase for its cashless payment system after criticism on Monday by the Consumers Association of Singapore (Case). Nets the Network for Electronic Transfers is raising its transaction fee for retailers to up to 1.9 per cent in July,178 words
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227 2007-06-06 9 TNT Express yesterday introduced a premier service for time-critical shipments, saying it was the first express delivery company to bring in such a service. TNT says its new "Emergency Express" will be the industry's fastest express service in Asia. The company said227 words
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468 2007-06-06 9 ARTHUR SIM - Mass market prices picking up, say property agents By ARTHUR SIM THE Housing Development Board (HDB) has received a top bid of $310 million or $375 per square foot per plot ratio (psf ppr) from Sim Lian Land for a site at468 words
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468 2007-06-06 9 NANDE KHIN - May PMI reading boosted by strong production and delivery figures By NANDE KHIN SINGAPORE'S manufacturing economy seems to be back in recovery mode after an earlier contraction, as indicated by latest readings of a key economic barometer. The May reading for the468 words
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Page 9 Advertisements
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Advertisement255 2007-06-06 9 If you are facing any of the following: Vkjf You need to keep your payroll absolutely confidential. Your payroll staff are bogged down, and are bored with the routine of rushing payroll every month, and there is limited room for staff development for payroll processing functions. You or your payroll255 words
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ARTS FEST
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Article, Illustration603 2007-06-06 10 PARVATHI NAYAR - Cogito is a futuristic play, a thriller as well as a love story, writes PARVATHI NAYAR PARVATHI NAYAR WHAT will Singapore be like 20 years from now? You might find an answer in Cogito, a play by Huzir Sulaiman set in the not-too-distant future in Singapore,ASHLEIGH SIM/THE STRAITS TIMES - 603 words
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Article, Illustration407 2007-06-06 10 JANICE HENG - By JANICE HENG COMPANY II Posto sees the world from a different perspective literally. The Italian company's Proteo Project turns dance on its head or 90 degrees, at least through vertical performances. As II Posto's musician and composer Marco Castelli puts it: "You can have407 words
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Page 10 Advertisements
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Advertisement1415 2007-06-06 10 Cats Notices IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SOPI SEAFARM PTE LTD (CO.REG.NO. *****6618R) (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Chapter 50, (hat (he Find Mealing of1,415 words
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Advertisement504 2007-06-06 10 Your Daily Guide to the Arts Festival: What's on Today Forward Moves: Three Singaporean choreographers make their debut today, exploring themes that range from dreams and phobias to death and discipline. Bpm. Till June 7, Esplanade Theatre Studio. Tickets: $35.105 minutes with intermission. Romeo and Juliet Celebrated avant-garde Lithuanian director504 words
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ECONOMY WATCH
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509 2007-06-06 11 It seeks stronger trade rules to further rein in industrial subsidies Reuters [WASHINGTON] The United States, which is under pressure in world trade talks to reduce its use of import duties against what it considers unfair foreign trade, detailed a counterproposalReuters - 509 words
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439 2007-06-06 11 It'll be about 2.5%, faster than 2.3% predicted in April —Bloomberg [LUXEMBOURG] The International Monetary Fund (IMF) yesterday hailed "good economic times" in Europe, as it raised its forecast for expansion this year. The economy of the 13 nations using the—Bloomberg - 439 words
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Article, Illustration420 2007-06-06 11 Reuters [BEIJING] China's central bank is keeping a close eye on inflation after a recent spurt in the prices of pork, eggs and other food items, the governor of the People's Bank of China (PBOC) said yesterday. The PBOC'might decide onReuters; REUTERS - 420 words
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Article, Illustration628 2007-06-06 11 Yesterday's poor now rubbing shoulders with the rich at G-8 Group 'forced to recognise the new emerging powers' —AFP [BERLIN] China and India, which once waited for crumbs from the table of the world's wealthiest nations, will be dining as near equals at the Group of Eight (G-8) summit in—AFP; AFP - 628 words
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Page 11 Advertisements
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Advertisement829 2007-06-06 11 WingTaiAsia WING TAI HOLDINGS LIMITED (Company Registration Number *****0239 D) (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY QIVEN THAT an Extraordinary General Meeting of Wing Tai Holdings Limited (the "Company") will be held at Moor Room, Level 4, Raffles City Convention Centre, Swissfitel829 words
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MALAYSIA/INDONESIA
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Article, Illustration236 2007-06-06 12 —AFP [KUALA LUMPUR] Malaysia, which has launched a major campaign to attract visitors, is on track to achieve its target of 20.1 million tourist arrivals this year, the deputy prime minister was quoted as saying yesterday. The Star quoted Najib Razak as saying—AFP - 236 words
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443 2007-06-06 12 Plans to restrict oil palm plots to empty sites —Bloomberg [BLOOMBERG] Indonesia, the world's third-largest emitter of greenhouse gases, won't allow oil palm growers to cut primary forests for establishing plantations, Minister for Environment Rachmat Witoelar said. Per capita carbon dioxide emissions in—Bloomberg - 443 words
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Article3063 2007-06-06 12 12 MALAYSIA/INDONESIA Weak M'sian export figures spark calls for interest rate c Slowdown made electronic items, which economy and the decline in growth makes "Bank have reinforced those fears. make up 42 per cent of total our export growth, this is Negara's accommodating Even so, not all econoworse3,063 words
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495 2007-06-06 12 S JAYASANKARAN - Slowdown made worse by ringgit's sharp appreciation, say economists By S JAYASANKARAN in Kuala Lumpur MALAYSIA'S dismal export growth for April (0.9 per cent year-on-year versus a 4 per cent consensus forecast) has sparked a monetary policy debate among economists,495 words
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Page 12 Advertisements
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Advertisement101 2007-06-06 12 -REA-t-ESTATE INVESTMENT WORLD Building Asia 20 0 7 J Wealth 25 28 June 2007 V Raffles City Convention Centre, Singapore Wo^ Asia's largest and most influential The biggest and most comprehensive event of its kind to showcase the products, strategies, personalities and companies that comprise the Asian real estate investment101 words
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Page 13 Advertisements
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Advertisement1052 2007-06-06 13 hgllol Stores helolAMKHub #81-55/56/57 helolßugb Junction #0150/50 A helolCauseway Point #B 1-16/18 heMComcenlre 31 Exeter Rd hetotCompau PoW #81-04/05 heBoIOUB Centre #01-01 (Closed on Sundays and Pifcic Hotdays) heßoTorkway Parade #81-01/02 heflolTamplnet Mci #02-13/14/15 heiotWeit M<4 #01-38/39 MtNaMMyi S.C. #62-12 Sing Tel Shop@NUS Yusot Ishak House (Closed on Saturdays. Sundays,1,052 words
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INDIA
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386 2007-06-06 14 The Economic Times [MUMBAI] Tata Steel, India's largest private sector steel maker, and Essar Global, the holding company of the Essar group, have shown preliminary interest in Canadian steel maker Stelco, put up for sale by key shareholders last week. Sources— The Economic Times - 386 words
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Article6607 2007-06-06 14 UNIT TRUSTS FUNDS AIN Amro Asset Mgt (S'pore) Star Europe Eqty'".. 1.151/ Star Europe Bond 1.176/ Star Europe 1-278/ Star Asian Tiger Eqty 1 488/ Star Asia Bond -1338/ Star Asa Balanced 114/ SW Global Technology Fundi ***** MutoStW 0 991/ Star Asa BondOJSD) 0874/ Gfc Multi St USO 1186/6,607 words
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508 2007-06-06 14 It may offer ADRs as early as this month; sell similar number at home Bloomberg [MUMBAI] ICICI Bank Ltd may raise US$2.5 billion in the biggest overseas share sale by an Indian company, sources said. India's second-biggest bank sought regulatory approvalBloomberg - 508 words
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Page 14 Advertisements
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Advertisement35 2007-06-06 14 Allianz Global Investors SCORE IN EMERGING MARKETS (f^\ "''^'Tiiilfi Try our on ne 9 uiz af www.franklintempleton.com.sg and win attractive prizes!* FRANKLtN TEMPLETON H r INVESTMENTS *Terms and conditions apply. |r' BIZ REGN NQ *****211E35 words
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GREATER CHINA
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434 2007-06-06 15 It also plans to buy another 35.7% of China Asset Mgmt —Bloomberg [SHANGHAI] Citic Securities Co, the most profitable brokerage in China, plans to sell shares valued at about US$2.5 billion, testing demand for new equities after the nation's stock markets tumbled.—Bloomberg - 434 words
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Article, Illustration399 2007-06-06 15 Bloomberg [HONG KONG] Li Ka-shing, Asia's richest man, paid more than HK$BO5 million (*****.8 million) to raise his stake in developer Cheung Kong Holdings Ltd as the stock lags behind peers. It's the second time he's boosted his holding in his flagshipBloomberg - 399 words
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317 2007-06-06 15 Bloomberg [BEIJING] Amazon.com Inc, the world's biggest Web retailer, will increase investments in its China unit to bolster sales from the largest Internet market behind the United States. The Chinese website, renamed Joyo Amazon.cn yesterday, is the company's fastest growing by sales,Bloomberg - 317 words
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Article, Illustration518 2007-06-06 15 Valuations suggest there's room to fall further if investors keep pulling out Reuters [SHANGHAI] As Shanghai's main stock index plunged another 8 per cent on Monday, fears grew that policymakers misjudged last week's bid to cool the market, but analysts say there's stillReuters; AP - 518 words
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Page 15 Advertisements
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Advertisement24 2007-06-06 15 Members of The SIM Croup 01 SIM SIM jjJJSIM lOCE www.relevonce2doy.com Hfcl UNIVERSITY BUI EDUCATION Iml development I The Job of the Chief Executive24 words
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ASIA-PACIFIC/WORLD
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Article, Illustration482 2007-06-06 16/17 OUR CORRESPONDENT - By OUR CORRESPONDENT in Bangkok THAILAND'S ban on activity by political parties should be lifted, paving the way for a possible election by the end of the year, the government of Prime Minister Surayud Chulanont decided yesterday. "The cabinet has agreedReuters - 482 words
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304 2007-06-06 16/17 —AP [ABUJA, Nigeria! The Nigerian government filed a lawsuit against Pfizer, asking for US$7 billion in damages over allegations that the pharmaceutical giant conducted a drug experiment that led to deaths and disabilities among children more than a decade ago, court—AP - 304 words
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307 2007-06-06 16/17 Reuters [SEOUL] Shares of Hynix Semiconductor, the world's No 2 computer memory chip maker, rose yesterday, led by talk it might sell some of its older production lines to Taiwan's TSMC. "We understand that TSMC is talking to HynixReuters - 307 words
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420 2007-06-06 16/17 US$8.2b deal is expected to be completed this fall AP [BASKING RIDGE. New Jersey] TPG Capital is embarking on its second big telecom venture in two weeks, joining with another private equity firm, Silver Lake, in an US$B.2 billion bid for AvayaAP - 420 words
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496 2007-06-06 16/17 Many of the factors that stalled growth likely to be partially reversed in near term Bloomberg [WASHINGTON] Federal Reserve chairman Ben Bernanke yesterday predicted that the US economy will rebound from an anaemic performance at the start of the year even if the housingBloomberg - 496 words
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WORLD
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317 2007-06-06 16/17 —Bloomberg [NEW YORK] NYSE Euronext. owner of the world's largest stock exchange, and several securities firms were sued for US$4 billion on claims they provided Inferior prices for trades executed through the Big Board's automated SuperDOT system. The complaint also names Goldman Sachs Group,—Bloomberg - 317 words
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Article, Illustration803 2007-06-06 16/17 Sticking point is shielding Journal from editorial interference, say sources NYT [NEW YORK] In their first face-to-face meeting, the family that controls Dow Jones Co on Monday told Rupert Murdoch that it would sell him the company only if its jewel, TheNYT; REUTERS - 803 words
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593 2007-06-06 16/17 NYT [SAN FRANCISCO] The private equity investment in Palm Inc is an ambitious gamble that the history of two companies dominating the personal computer industry will not repeat Itself in the market for mobile phones and other handheld devices. On Sunday, Elevation Partners, the US$l.9NYT - 593 words
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350 2007-06-06 16/17 ICE says electronic marketplace for chemicals a good fit NYT [ATLANTA] The move by Intercontinental Exchange to acquire the Chicago Board of Trade hasn't interfered with the Atlantabased company's other expansion plans. The electronic commodities exchange usually referred to by its stock symbol ICENYT - 350 words
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Page 16/17 Advertisements
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Advertisement51 2007-06-06 16/17 Where all your travel needs are met Want to experience the best the world can offer? From tropical sunshine to Alpine snow, ancient ruins and WAT&>a& modern skyscrapers, there s a wide spectrum of travel services in CATS Classified to meet your every holiday whim. ■UY IT SELL IT* FIND51 words
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AVIATION
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Article, Illustration499 2007-06-06 18 European carriers will post a combined net income of US$2.7b Bloomberg [VANCOUVER] Airlines' profits worldwide may reach US$5.l billion in 2007 as they fill more seats, a trade group said, raising its projection by 34 per cent from two months ago.Bloomberg; BLOOMBERG - 499 words
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Article423 2007-06-06 18 —NYT [ATLANTA] AirTran Airways' hostile bid for Midwest Airlines got a lift on Monday when an influential corporate governance watchdog group backed AirTran's slate of candidates for election to Midwest's board. Institutional Shareholder Services (ISS) recommended that Midwest shareholders vote for three AirTran candidates seeking election—NYT - 423 words
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Article, Illustration390 2007-06-06 18 Divestments seen as bearish signal for struggling airline —Reuters [NEW YORK] Billionaire investor George Soros and David Neeleman, two men who helped launch No 8 US airline Jetßlue Airways Corp, are selling portions of their holdings in the company. Mr Soros reported in—Reuters - 390 words
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162 2007-06-06 18 —Bernama [KUALA LUMPUR] Air Asia Bhd aims to grow its cargo business by 50 per cent for its financial year ending June 30, 2008, from RM2O million (SsB.9 million) in revenue in financial year 2007, deputy group CEO Kamarudin Meranun said—Bernama - 162 words
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Article2284 2007-06-06 18 OIY lUWI ITA W1 W kZSZ? LH9771 1750 LW70 2M5 ***** 1750 SQ269 2345 **■'<!*!< SQ531 0740 Amstardam SQ323 0630 AZ3993 2245 AZ3992 1555 KL838 2245 (CLB37 1555 L***** 2345 K —so*8 ora »tUt. AC5202 2335 ACS203 0645 0150 ffg5S UL2433 0150 UL2432 2120 SQ282 06452,284 words
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119 2007-06-06 18 —Reuters [MUMBAI] India's Paramount Airways is likely to place an order for 40 Embraer planes valued at about US$2 billion as it scales up operations in the fast-expanding market, a senior company official said yesterday. "We are looking at ordering 40 aircraft—Reuters - 119 words
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Page 18 Miscellaneous
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Miscellaneous276 2007-06-06 18 CRYPTIC CROSSWORD Roundly curse a pruning shears (9) I? I I I I I I I 10 Hole-in-the-middle mint (5-3) Hi HjTjHp Hi Hi Hj| 11 Rows with sweetheart are not Fj 5 Restricts Christmas food consignments (7) I I I I I I I He gains nothing but pleasure276 words
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SHIPPING
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Article, Illustration470 2007-06-06 19 To ease things, investment in infrastructure is urgently needed [HONG KONG] APL Ltd, the container shipping unit of Neptune Orient Lines Ltd, expects congestion at ports to worsen without investment in infrastructure, railways and roads. About 46 per cent of global container vessels arrived onREUTERS - 470 words
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Article284 2007-06-06 19 SGX '000 lun 5 SS *1- Vol Ch Offshore 0.64 -0.01 1269 ChuanHupHldgs 0.36 0.01 922 Cosco Corp 2.75 uncti 6053 Cwt Limited 0.88 unch 137 EzraHldgs 5.95 undi 619 Freight Links .0.13 unch 2685 Grand Banks 1.02 -0.01 27 Jaya Hold Ltd 1.50 unch 225 K1 Ventures284 words
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155 2007-06-06 19 —Bloomberg [ATHENS] Shipowners in Greece, the biggest ship-op-erating nation, spent US$2.3 billion on new vessels in May, 28 per cent less than in the previous month, because they were unable to secure yard-building slots, broker George Moundreas Co said. The drop from a record US$3.2—Bloomberg - 155 words
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296 2007-06-06 19 —Reuters [THESSALONIKI, Greece] China's Cosco Pacific (Cosco), the world's secondlargest shipping company, is keen to invest in Greek ports to take advantage of economic growth in southeast Europe, its deputy director said on Monday. Greece is seeking strategic investors for its major—Reuters - 296 words
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Advertisement170 2007-06-06 19 To apply, call 6416 0980 I Mil lltij World of Exclusive Privileges Treats Diners Club I www.diners.com .sg "SHALL I HAVE RED CURRY IN MY CAPPUCCINO OR MY PORK IN SAKE?" jf fp I had decided on the Laksa Lemak as a main, but her imagination was toying with the170 words
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Advertisement34 2007-06-06 19 Gato Negro Grains fig CENTRAL #02-92 (abv. Clarke Quay MRT). Tel: 6534 7707 FREE Signature Fried Rice with a min. spending of $50 Only when you charge to your Diners Club Card T&C Apply34 words
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Advertisement159 2007-06-06 19 TUVALU SHIP REGISTRY (QUALITY SERVICE QJMLITY FLAG 1. Low taxes 5. Worldwide network of surveyors 2. Agreements with lACS members 6. No restriction on nationality of ownership °r_f f 7. Tuvalu is a party to STCWI9B7 convention statutory certificates as amended, and is a country in the IMO 3. Accedes159 words
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Advertisement58 2007-06-06 19 MARITEC FUEL TESTING SOLUTIONS The Fastest Growing International Fuel Testing Service Competitive Prices Express Worldwide DHL Courier Well Qualified Management Team ISO Accredited Laboratory f .Opens 365 days a year 211 Roof Terrace Cafe 211 Hotand Road Shopping Ctr #04-01, Tel: 6462 6194 f 1-for-1 main course Only when you58 words
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EDITORIAL & OPINION
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Article, Illustration1551 2007-06-06 20 JOHN GEE - Forty years of occupation has devastated Palestinian society in the West Bank and Gaza Strip. It has made peaceful co-existence between Palestinian Arabs and Israeli Jews harder to achieve JOHN GEE AL Kasaba, a Palestinian theatre company, came to Singapore last year.AP - 1,551 words
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445 2007-06-06 20 EDITORIAL its notable companies. It was disclosed last month that the revenues of air cargo company, Transmile Group, an institutional favourite, have for the past two years been overstated by up to RMS3O million (***** million). Investigations into how this could have445 words
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Article, Illustration773 2007-06-06 20 G PANICKER - THE BOTTOM LINE G PANICKER WHO looks to President George Bush for leadership on global warming? When he announced his intention last week to set the United States on to the path of reducing greenhouse gases, the world reacted with scepticism. The773 words
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Article, Illustration2123 2007-06-06 21 REX YOUNG - One should not be overwhelmed by the changes but focus on those that affect existing and proposed operations By REX YOUNG THE long-awaited tax reform in China was passed on March 16 this year by the Chinese National People's Congress. This majorAFP - 2,123 words
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Advertisement5 2007-06-06 21 China's six most marketable professions5 words
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Article11313 2007-06-06 22 SGX MAINBOARD Transaction date: Jun 5 52-Wk Tel Last Vol Day last Quote Dtv GrYld Net MCap High Low Code Company Sale ('000) High Low Buyer Seller Cvr P/E Smri 3.5 2 5716 1st Software 2 susp 8.1 18 6 3148 ffTelecom 16 -0 5 410 16.5 1611,313 words
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Article6127 2007-06-06 23 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In local curr In S$ In US$ dy Syr dy %yr %dy Syr Jun4 Index Change Change Change Change Change Change World Index Preliminary 1197.4 0.0 8.8 0.0 9.4 0.2 9.8 EAFE Preliminary 1207.2 -0.1 00 02 M 0.4 10.2 Europe Pretiminary 1639.26,127 words
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Advertisement17 2007-06-06 23 ■I Brought to you by Phillip Futures Re Ltd (A member of PhillipCapital) YOUf Partner Ifl Fin&nC617 words
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Advertisement1502 2007-06-06 24 UK CONTINENT SERVICE U.S.A SERVICE Destination Destination NIPHANAREE RDM/ATW/BMN/TLB/NAN STXPOTBN CAM/NFK/NOL/SAV Loads Singapore, E./W. Malaysia, Indonesia < Loads E./W. Malaysia, Indonesia MIPPLE-EAST SERVICE F.E./S.E.A. SERVICE Destination Destination PAN VOYAGER DBI/ABU/DOH/BRN/DMM/KWT STXPOTBN INC/BSN PAN BRIGHT JDH/BJA lAURADA DBI/DBU/DOH/BRN/DMM/KWT Loads Singapore, E./W. Malaysia, Indonesia Loads E. Malaysia, Indonesia OTHER SERVICES Tramping for1,502 words
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Advertisement685 2007-06-06 24 limtirasia roup sitvici vtssa/vor ramped hbchtw m «h lo 5 jkt STRAITS EXPRESS 11 X 4.0 27/05 31/05 03/04 05/04 STRAITS SUCCESS 19 10 4.3 14/04 11/04 IAUSTRAUAN KOtO OTVXI I VBSa/VOT UMTffT) MGHUM) IQ| 5W I Rtl STP MB APE FK DRESDEN/044 100 5.0 74-24/05 09-09/04 11-11/04 13-14/04 14-14/04685 words
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Advertisement1714 2007-06-06 25 WAN HAI INTERNATIONAL PTE LID a ho. uwswoooo/I TEL:6226ISSB (MUNIS) FA&*****163 \\M WAN HAI lINFs i* oao* 622*1200 VWWMII llnl LBBILJ PKLIH: |03) 3344M5S FAX: (03) *****25S fBI HL |D 4) 7MSTCO FAX: (0412W6199 JOHIEL (07) *****23 FAX: (07)*****71 W: IBS 1) *****7S FAX: |D3I) *****14/ *****0S www ....hai rn1,714 words
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Advertisement1016 2007-06-06 25 |-jr\ eastern car liner, ltd W SPECIALIZE IN ROUP 4 HEAVY UFTUfTO 450 TONS*] vot" «—qct) uhtorfm |ai|fii|ni|)n|m|M" (QSMKUEADH 12 4fi JO Jg/OJ MJ 12/ M ISBMffifllA 144 W JIL HjjljZ -Z~ I —B r- a I I i 8 Iwl I:IMl I I I VOT »■*<") gwctfoti I ai1,016 words
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Advertisement156 2007-06-06 25 I -ft BWjWil BREAKBULK CONVENTIONAL SERVKE DIRECT SERVKE FROM STORE TO KARACHI |VBSB I VOTAg ETA SMCAPOtE ETA IAKAOO jMUUAM 043HW 10-15.*****7 20-25J7.2007 SEA-PAC MANAGEMENT PIE. LTD. 70 Araan Road <1006/06 Ap*x Taweir, Shigapow *****5 TahptioMC 6270 0977 VH FoctimiW: 6275 2309 XII T«lmc KS ***** gAPAC WRECT S»i NAOHPO,156 words
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Advertisement582 2007-06-06 25 m WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICO POINTS tBSR WT SI rtu* COIWO HSItH COUMMO aim m ik mi hum wjw mmi ham mmm irm uml nw itm mm urn mmmm mm iiiw »jw vim vm mm mso accotw ki id com una t582 words
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The Business Times Shipping Times
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3986 2007-06-06 26 This ETA ETA Advertiser Vessel Voyage Telephone SIN DesfR Nm Name Number Number SHMNVHMNMMMMMMMMnMMMMMMMMMMBMMi To ABIDJAN (ABJ) 2003 Cote D'lvoire 16/06 23/07 Delmas URSULA DELMAS 724W *****344 16/06 24/07 Delmas URSULA DELMAS 724W *****344 23/06 28/07 Delmas CMA CGM COLOMBIE 725W *****344 23/06 30/073,986 words
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Advertisement530 2007-06-06 26 VESSEL VOY PKL SIN KHI DXB BAB DMM BIK KHO MAGNAVIA PCLB2OI SKIP 06/06 SKIP 14/06 15/06 21/06 23/06 23/06 IRAN SATTARI PCU2OO 10/06 09/06 18/06 21/06 22/06 28/06 30/06 02/07 IRAN TABATABAtI PC***** 11/06 1 12/06 21/06 24/06 23/06 01/07 03/07 05/07 1 VESSEL VOY SIN NHS BND DXB530 words
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Advertisement539 2007-06-06 26 VESSEL VOY jB VESSEL VOT SM JITT MtMgM 2003* 01/0* 01/0* PACHWTAH 9401 06/06 01/0* ALAMJAYAI 9170* 01/0* 01/0* PA< MMTAN 9402 13/04 IS/H PACIANOA 20M* 07/06 01/0* PAOMTA* 9403 20/06 22/04 PACIANPA 2005* 03/04 04/0* PAtHNTAN 9404 17/0* 29/ M ~1 vma ye! SM m j£Bsa m m m539 words
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Advertisement336 2007-06-06 26 [taj GLORY HUVWATnii GROUpI I SINCE 1970 S I OWNS OPERATES THE YOUNGEST FLEET TWELVE 7,000 DWT TWEEN DECKERS COVERING I THE ENTIRE ASIA PACIFIC PORTS REGULAR WCEKLY SERVICES: a KAOHSIUNO A CHINESE PORTS, HONG KONG I TO A FROM I SOUTHEAST ASIA SMMTOM MAP WOON SMPPMG (S) PTIIID 14336 words
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Advertisement2495 2007-06-06 27 H* S g"—""*** ST? Jl *£> IM US W MmqnMMPMMI 120 weft 1162 120 119 M 7 ***** cpY Moirt Rnirrl TUBKTHiML■«JIJW 62 5 it* mwmm oj -os m «jj m 69 iui ui m m*mm *11 Sis u 4js m [HI SGX Main Board «s==r «j r agj ,igj2,495 words
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MOTORING
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Article, Illustration777 2007-06-06 28 SAMUEL EE - Maker of ultra-luxury cars notches 6% rise in global Q1 sales By SAMUEL EE THE increasing number of seriously well-off people in Asia makes RollsRoyce confident that demand for its super-luxury models will continue to grow. "What's driving the super-luxury777 words
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Article, Illustration370 2007-06-06 28 SAMUEL EE - By SAMUEL EE ONE of the key men behind BMW's successful push to the top spot in the luxury car segment here has been promoted to a new job in Kuala Lumpur. Dennis Ho became the chief operating officer (COO) of Hyundai-SimeFILE PHOTO - 370 words
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Advertisement37 2007-06-06 28 mmm n nullum m m < 1 I» I »<* n>»/IIPMF WIWiIEiI^BPWVM^IfMI '•s.§&, WmMt& V M 9-mw <? Singapore AN E-MARKETPLACE BROUGHT TO YOU BY CATS CLASSIFIED, SINGAPORE PRESS HOLDINGS. TO ADVERTISE, CALL 1800-289 9988 (OFFICE HOURS). '•iAT'3 \3y? HMing%37 words
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EXECUTIVE MONEY
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709 2007-06-06 29 GENEVIEVE CUA - AIA is believed to be the first to market with a zero death cover ILP and sales charge capped at 3%. GENEVIEVE CUA reports GENEVIEVE CUA ALL other things being equal, the retirement funds with the lowest costs will be the best, and CPF investors709 words
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Article, Illustration1096 2007-06-06 29 Bloomberg [LOS ANGELES] BEAR Stearns Cos, the fifth-larg-est US securities firm, is hawking the riskiest portions of collateralized debt obligations to public pension funds. At a sales presentation of the bank's CDOs to 50 public pension fund managers in a Las Vegas hotelBloomberg - 1,096 words
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Article, Illustration1034 2007-06-06 30 WONG SUI JAU - Looking for outperformance Try rebalancing By WONG SUI JAU WITH 2005 behind us. now is a good time to review portfolios. We have often brought up rebalancing as a good method for improving the returns on investors' portfolios while making sure they do not overweight their portfolio too much in1,034 words
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Article, Illustration1087 2007-06-06 31 GENEVIEVE CUA - Credit Suisse's Marcel Kreis tells GENEVIEVE CUA how the bank intends to get ahead as competition heats up in Singapore wealth management GENEVIEVE CUA THE rise in the price of assets such as property reflects the vast amount of liquidity that's available and lookingARTHUR LEE - 1,087 words
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Article, Illustration995 2007-06-06 32 GENEVIEVE CUA - Financial advisory firms are seeing strong growth, as the 'mass affluent' segment of investors continues to increase, a survey shows. GENEVIEVE CUA reports GENEVIEVE CUA THE financial advisory (FA) market is thriving, some five years since the Financial Advisers Act was enforced, contrary to the expectations of995 words
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Advertisement322 2007-06-06 29 W/ggf Various plot sizes Business park ZgJ Annual rent scheme or upfront land premium scheme Promixity to Singapore EXPO, ■■V m I EXPO MRT station an d Singapore I I Changi Airport For more information, please contact Mr Dave Ong at 6883 3596 or Ms Sim Ling at 6883 3280322 words
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Advertisement57 2007-06-06 29 J&£?S3Bf H&■ JcSS. fs* ml iiwpiW 1 WHAT'S IN THIS ISSUE 4 FAMILY TRAVEL MMB TALES FROM BALI, PHUKET, MALAYSIA PVLi I AND SWITZERLAND TF' I SIX WEEKS OF I HOLIDAY FUN: WHAT TO j DO AND WHERE TO CO I I THIS SCHOOL BREAK |,|j I PARENTS* WISH LISTS57 words
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Advertisement857 2007-06-06 30 RaboJet Certs Series 1 will be launched on the Singapore Exchange Securities Trading Limited (SGX) on 7™ June 2007. Linked to the share price performance of DBS Group Holdings Ltd, Capita Land Limited, Singapore Telecommunications Limited and Singapore Airlines Limited Daily lock-in feature with a maximum rate of return 1857 words
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Advertisement841 2007-06-06 31 '~vV% jJ? 'i -3.. rPiinacle Notes I Secured Credit-linked Notes' Series 6 2 Tranche Years 1 -5.5 Interest Rate: Interest Rate: 7% per annum 5.2% per annum Series 7* with a potential ■iil Tranche A (USD) Tranche B (SGD) M Years 1 -5.5 Interest Rate: Interest Rate: 6.7% per annum841 words
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Advertisement50 2007-06-06 32 /vssunic noinins Wdm#m\-, rQV r wwtfsu nM^PHBHBHK;I'|^ Mfc^y;g^« dtfcl*fo 111fl lllinhttil i^-?s6frv. v TS wioffwiyy aowfiiyi \j O, rr v Plli^l^l^HKa^^H^^^B&^CT^M^itfconnects you to trie %£m&& youf short a nd l°nq,gkjj^^ wTmißoorte.lt «u c mw Hi^r^ f apprc)ach Assume no^ng. IHKSffI PI 1 ,^n^v: i -"^ff*^^H^^^WpMyßWßS^^KjjAi If\SS|ebl xHRp 4 1 Utem50 words
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