The Business Times, 23 July 2007
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2007-07-23
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The Business Times
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Title Section20 2007-07-23 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asial.com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION MICA (P) 202/12/2006 Monday, July 23,200720 words
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Article, Illustration783 2007-07-23 1 ARTHUR SIM - Rebuilt projects could yield 40% of new homes in next few years: CB Richard Ellis By ARTHUR SIM [SINGAPORE] Collective sales of residential developments are becoming a major driver of the property market boom, creating demand as well as potential supply of upSource: CBRE Research - 783 words
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859 2007-07-23 1 NANDE KHIN - By NANDE KHIN [SINGAPORE] The bull market has seen the number of small caps here shrink over the past year, as the share prices of the likes of Yongnam shoot up, propelling them into the major league and for some, even859 words
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Article147 2007-07-23 1 BT ONLINE BT print subscribers get free access to the Business Times Online. To activate your account, log on to http: //business-times.asial .com.sg. For more information, e-mail btocs@sph.com.sg or call 6388-3838. MARKETS Weekly Change KLCOMP 1,382.36 -2.36 NIKKEI 225 18,157.93 -81.02 HANG SENG 23,291.90 +192.61 SET INDEX 850.54147 words
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Page 1 Advertisements
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Advertisement8 2007-07-23 1 BizlT Dell plans store pushinS'pore PAGE 31 88 words
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Advertisement124 2007-07-23 1 BEST-PAID EXECUTIVES stack up PAGE 4 PRIME NEWSPOT PAGE 14 It I if-' 1 THE GUARDIAN OF TIME. A WATCH IS ONLY AS PRECISE AS ITS OSCILLATOR IS REGULAR CONVENTIONAL OSCILLATOR HAIRSPRINGS ARE MADE Or FERROMAGNETIC ALLOCS. LEAVING THEM VULNERABLE TO MAGNETIC FIELDS AND SHOCKS AFTER FIVE YEARS OF RESEARCH.124 words
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TOP STORIES
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Article460 2007-07-23 2 The top earners in S'pore are engineers ENGINEERING and science degree holders make up more than half of the 55 top earners at listed companies that form the Straits Times Index. This list of the best-paid executives of STI companies had gained fame when it was used in460 words
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Article, Illustration1500 2007-07-23 4 MICHELLE QUAH - The top earners are engineers Most highly-paid corporate chiefs of listed firms have engineering degrees By MICHELLE QUAH [SINGAPORE] Finance, banking, law and accountancy are often tipped to be the university courses which students hoping for a lucrative career should take. Too often have we heard parents and peers alike1,500 words
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352 2007-07-23 2 ROLAND LIM - He reiterates that the 40% increase was not to cool the property market By ROLAND LIM [SINGAPORE] National Development Minister Mah Bow Tan yesterday pointed out that not all en bloc sales will be affected by the development charge (DC) hike announced352 words
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Article, Illustration1083 2007-07-23 2 ANDREW MARKS - WALL STREET INSIGHT From ANDREW MARKS in New York IT has been four months worth of a stunning rally, which has propelled the Dow Jones Industrials over the 14,000-mark for the first time and has also lifted the S&P 500 to new record highs,AP - 1,083 words
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NTU shows graduates path to success PB
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Article, Illustration958 2007-07-23 3 Well-rounded NTU education gives Julin Yeo the added edge to conquer McKinsey's rigorous hiring process to be employed as a Business Analyst BT ADVERTORIAL WHEN Julin Yeo Li Yin starts her career with consultancy firm McKinsey Company as a Business Analyst in a few months' time,958 words
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Article, Illustration494 2007-07-23 3 Executive programme helps Wang Hairong gel his business on track E was an engineer back 1 home in China. But now he is the executive chairman i? of a recently-listed engiI neering company, which he founded himself. And Wang Hairong says that he has494 words
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Article, Illustration445 2007-07-23 3 A Master of Arts in Contemporary China programme helps Rowena Pangilinan expand her career options ROWENA Pangilinan has always had an interest in China and its role in the international community. But it was not until she was accepted into the Master of Arts in Contemporary China445 words
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Page 2 Advertisements
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Advertisement146 2007-07-23 2 people Clients wanted. (Only excellent companies need apply) www.thepeopleatwork.com Asia-Pacific Executive Search -V In the heart of the city, IN A WORLD OF YOUR OWN. j- fii -~i jg>» 4 Four Seasons Hotel Jfizdastfz Welcome to the stylish, sun-filled sanctuary of Four Seasons. Whether bed breakfast RATES FROM for business146 words
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Page 3 Advertisements
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Advertisement5 2007-07-23 3 >' r JULY 23-27 ***** CONVOCATION5 words
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Page 4 Advertisements
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Advertisement13 2007-07-23 4 Multifunction, Reliable Affordable Performance HH EPSON World's No.l Projector Baso on DTC data13 words
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Advertisement30 2007-07-23 4 30% YOUR ELECTRICITY BILL Applicable to commercial industrial premises only. Call us now to start saving. Contact Thomas 9838 8842 or email thomas@heatpipe.com.sg By Heat Pipe Technology (S) Pte Ltd30 words
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Page 5 Advertisements
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Advertisement679 2007-07-23 5 !y "V* r 4 v j?3ak<*Kg i^v, -r 1 $&■■> 1 v ¥b&.:'.M-± W r -1i *'< -y' a i i^ i t?*4& *1$ *a»*" i'« -w* ■i» ii r. •*>.''!*■-J- flfijlin V* a'^-V ffpfe? ~W Altitude [H a™ lii^M Ow/i« v luhtt Oft/Hi ft ,'.j&JMk fl > If llff679 words
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SINGAPORE MARKETS
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Article, Illustration633 2007-07-23 6 R SIVANITHY - STOCKS R SIVANITHY Senior Correspondent POSSIBLY the most renowed book written by the late, great American journalist Hunter S Thompson is Fear and Loathing on the Campaign Trail '72. a wild and detailed account of his coverage633 words
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500 2007-07-23 6 CURRENCIES [HONG KONG] Asian currencies ended last week mostly up against the US dollar as a lack of confidence in the US housing market plagued the greenback and a warning from the Federal Reserve said problems could worsen. Yen: The yen500 words
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Article, Illustration2231 2007-07-23 6 Consensus No. of Forecast Mom Fri's recommendation esti- EPS PE target price Company name This wk last mth mates (cents) (ratio) price (S) Advanced Holdings limited 2.50 2.50 2 3.35 15.37 0.40 0.56 Alko Commercial REIT 1.50 1.50 6 4.42 26.23 1.44 1.22 Allgreen Properties Limited 2.90 2.782,231 words
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Article729 2007-07-23 6 top*** fa taeks Nf PtrMni b Book. Pay («*J Wi dam fau icti: fate do*a fat* Atf* Integrated m 0100 M M 21ki OSAjg Raffles Edu 1 J«0 11*4 IKX H U Au»ml R8T JJtf 77 M 01 Aug «-A*j SATStO F MM »X 02-Aug 13-«m8 Ana Otto729 words
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292 2007-07-23 6 COMMODITIES AFP [LONDON] World oil. prices soared close to record heights last week, energised by concerns over tight global supplies and keen demand led by the United States and China. Base metals tin and lead hammered record high points, while gold struck aAFP - 292 words
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COMPANY NEWS
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Article, Illustration707 2007-07-23 7 SIOW LI SEN - HOCK LOCK SIEW By SIOW LI SEN action monitoring and staff training, it found. Banks will still have to invest a substantial amount of effort to incorporate the more stringent customer due diligence measures and the new requirements on wire transfers in theirFILE PHOTO - 707 words
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Article401 2007-07-23 7 Dates of release of interim results ended June 2007 COMPANY DATE 1 Advanced Hldgs July 23 2 DTAC July 23 3 MobileOne July 23 4 Qian Hu July 23 5 Keppel Land July 24 6 Keppel T&T July 24 7 Ascott Res Trust Mgt July 25 8 Aztech July25401 words
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Page 7 Advertisements
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Advertisement405 2007-07-23 7 Q&A Citi Private Bank Investing in Real Estate; More than Meets the Eye i 1 I aca H M W OUCK KWANG MfcNO v Head Reel Est«te mv^^M Q Is investing in real estate difficult? hedging requirements, expectations on returns and your A Real estate is not a single asset405 words
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SINGAPORE MARKETS
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Article, Illustration1475 2007-07-23 8 TEH HOOI LING - TEH HOOI LING Senior Correspondent OUR portfolios weathered the mid-week mini-storm in the Singapore market last week pretty well. Last Wednesday, a confluence of factors conspired to create quite a bit of turbulence in the market First, the Singapore government announced a 40 per cent hike1,475 words
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Article, Illustration1393 2007-07-23 8 INSIDE MARKETS CORPORATE shareholder activity fell last week with only 72 firms that recorded 176 transactions based on filings on the Exchange from July 16 to July 20. Although the number of companies last week was only one less than the previous week's total,FILE PHOTO - 1,393 words
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COMPANY NEWS
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553 2007-07-23 9 LYNETTE KHOO - EGM WATCH By LYNETTE KHOO AS the management of Sakae Sushi restaurant chain Apex-Pal International (API) meet with shareholders today, they can expect to take on probing questions relating to the takeover offer for Thai Village. The outcome of this EGM will553 words
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684 2007-07-23 9 SIOW LI SEN - Loans to firms linked to directors, family mustn't bust 25% single borrower limit By SIOW LI SEN SINGAPORE banks may find it harder to appoint local business people to their boards under new rules which tighten up on loans to directors684 words
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Page 9 Advertisements
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Advertisement141 2007-07-23 9 1 V* W You feel things others can't begin to imagine. You cherish not what you have but those you have around you. You know that wealth is about more than just money. That's why you live the privileged life. »v £f■% 1I A l^'i fit f Lm&M iL' v141 words
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VIEWS FROM THE TOP
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Article, Illustration1802 2007-07-23 10 THIS WEEK'S TOPIC Is there a possibility of a 'currency shock' in Asia over the next 12 months? What would be the consequences of a sharp appreciation in Asian currencies, and what can companies do to insulate themselves against this? ASIA has learnt its1,802 words
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Page 11 Advertisements
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Advertisement71 2007-07-23 11 You never actually You merely after M^Hf-■ m/p V— WR 4 -3*<& S\_. m vV h-itfilffllrli fJWßtfc.r S' atiiik tV w ir 4 vX. Ij( MpkM tL JK|g^l by Philippe. JOKh vJP THE HOURGLASS I,V vl Contemporary Horologlcal Art M _^^jZSt£*. SINGAPORE MALAYSIA THAILAND ffigft** lAKASHIMAYA 65-6734 2420 KUALA IUMPUR71 words
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SINGAPORE NEWS
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Article210 2007-07-23 12 DATE/ TIME EVENT VENUE 23 Jul 07 Gabriel Esplanade Concert Hall 7.30pm NgGEsplanade 24 Jul 07 Work-Life Orchard Hotel 8.30am Conference 2007 Building a Motivated Workforce for High Performance 24 Jul 07 HRSingapore Holiday Inn Park View 9.00am Selection Interview Workshop 24 Jul 07 1st Annual CEO Grand210 words
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Article, Illustration578 2007-07-23 12 RONNIE LIM - European, N Asian companies eyeing specialty chemical production here By RONNIE LIM JURONG Island could see a string of three new specialty chemical investments, two from the West and one from North-east Asia, worth a total of over $1 billion inREUTERS - 578 words
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Article, Illustration568 2007-07-23 12 NANDE KHIN - The M'sian lender hopes to double its volume of business within 2 years By NANDE KHIN MALAYSIAN'S fourth-largest lender, RHB Bank, is aiming to double its volume of business in Singapore in dollar terms over the next two years, said Lim568 words
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Page 12 Advertisements
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Advertisement111 2007-07-23 12 Diners Club Card r.w»«ff64i***** A World of Exclusive Privileges Treats Diners Club wwuxdiners.com.sg *19 International' IBSJPfIP M'AWKfKfMM Come and dive into the all new mouth-watering fare at Marina Bistro. All day dining from 11 am-10pm (last order at 9.30pm) Savour the world's finest meats with your Diners Club Card... Exclusive111 words
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Advertisement39 2007-07-23 12 Amazing Graze W aat a mmtouk af mmMi Mm Jan. IMttw iSmim; tha aflarvaaeanoa, aM tha oaMamporary «fca. 1 ir» Miy m* r» mot *Mfc._ wry OaMrt. ft $108 wWi frM flow Champagna Tafctlngar, I or $68 excluding Champagne.39 words
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Advertisement12 2007-07-23 12 AUSTRALIA'S Top Pinot Noirs A Sparklings 40 Holland Grove Rd. Tel: *****05312 words
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Advertisement31 2007-07-23 12 K B BIRD'S EYE VIEW OF TENDER JOBS Check out the most comprehensive collection of tender notices in CATS Notices in The Straits Times. MATS f NOTICES 5 U HOT IPO31 words
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Page 13 Advertisements
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Advertisement116 2007-07-23 13 i Logistics A member of the Keppel Group HB b i A A mA V A IB sf i filliM K 4 338 M W BBHHBBp^iBMp? v "liifli fIHHHB BHBBBHBBHBBfti ifl^HHB > >f'*'4S- ■■;'^s- >: .'^:*4^-^ v JHr Mtmm «SIHH »JHB \HHfe sBHI (jo/m/^il/i/atkmjs^oni L/>fe t ~H* i-fy 1 *>«k*116 words
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DINING OUT
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Article, Illustration1211 2007-07-23 14 NEW RESTAURANT Prime Society Dempsey Road, #01-20. Tel: 6474-7427. Closed Mondays. Www.theprimesociety.com THE food and entertainment hub collectively known as Dempsey Road is an undeniably hot destination these days for diners in search of the Next Big Thing in F&B. In recent months, aYEN MENG JIIN - 1,211 words
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Page 14 Advertisements
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Advertisement302 2007-07-23 14 The Business Times I s J- e xl leadership innovation SEMINAR SERIES T-_L I In collaboration with IBM nfj IM Technology is fundamentally changing the way businesses operate. r How do you maintain your competitive positioning and ensure your S v, company's peak performance 7 Get the experts' strategies in302 words
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Page 15 Advertisements
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Advertisement305 2007-07-23 15 -1 Surbana Corporation warmly wHjißs J Xi'an City Party Secretary 4uv" '1, i v.: 'V'* Vi£" Mr. Sun Qingyun to Singapore! In October 2006, Surbana acquired a 136-hectare residential township site in the historical city of Xi'an for an estimated 1.7 billion RMB (USD $215 million) through a government land305 words
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XIAN CITY
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Article, Illustration914 2007-07-23 16 Officials are optimistic about increasing ventures in high-tech industries, investments, finance, services and cultural tourism THE historic and cultural Chinese city of Xian has often been rated alongside the capital cities of the world's ancient civilisations like Rome, Athens and Cairo. During its 3,100-year history, some 13914 words
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Article, Illustration704 2007-07-23 17 ECONOMIC links between Singapore and Xian have reached a new high with the implementation of China's Western Development Programme. "The volume of trade between Xian and Singapore reached U5570.38 million last year," says Wang Yi, the Director of Xian's Government Business Invitation Bureau.704 words
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Page 16 Advertisements
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Advertisement99 2007-07-23 16 lAdvertisement of Xi'an Government \W7SfSI IH: \w/ w JIT /•r^B I ?*.nh llr^l »y I PH The "2007 Promotion r Seminar- and the You are sincerely invited by Xi'an delegation, Kp Hosted By: China Xi'an Government W Undertaken by: Bureau of Foreign Trade and Economic Cooperation of Xi'an, J\ Singapore99 words
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Page 17 Advertisements
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Advertisement960 2007-07-23 17 tnl iWAfifniBKj 11FH Thi!! I n P ub itivru* 1 I <rJ flL I W^L If c 6!yf AAM AV|l||t o| enterprises to form large-scale international w wlAlvvll u I w I w I w 111 Id I outsourcing enterprises through acquisition, m merger, restructure and other approaches. Policies for960 words
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BT-CITIBANK YOUNG INVESTORS' FORUM
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Article, Illustration1070 2007-07-23 18 SAMANTHA LEE - David Dreman has accumulated a resume that can only be described as superlative. SAMANTHA LEE finds out more about the noted investor SAMANTHA LEE DAVID Dreman's slender build and genial grin belie his reputation as one of the time-hardened pioneers of contrarian investing. Known widelyJACQUELINE - 1,070 words
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Article, Illustration971 2007-07-23 18 CAMPUS LIFE Four entrepreneurial undergrads share their experiences with GRACE CHUA Mathematics teacher. Lead singer in a band. Computer-gaming champion. A South-east Asian Bill Gates. In another life, the four undergraduate inventors of business-sim-ulation game Exoro might have chosen these careers. But for now, they're entrepreneurs. AlvinSUN JINYANG - 971 words
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Page 18 Advertisements
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Advertisement251 2007-07-23 18 Be smart with your finances FANCY becoming the next Warren Buffett or George Soros? Or even the famous Robert Kiyosaki? Then read on., The Young Investors' Forum, part of the BT-Citibank Tertiary Outreach Programme, isn't another dry page out of your financial textbook. To complement our editorial content, we have251 words
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ECONOMY WATCH
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221 2007-07-23 19 AFP [BANGKOK] The Thai baht, which was battered by massive flight of capital in the 1997 Asian financial crisis, is again facing mounting pressure this time from large money inflows into the kingdom. Since early July, the Thai currency has remained atAFP - 221 words
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Article, Illustration547 2007-07-23 19 China impact, while distant could raise mortgage rates in some markets AFP [PARIS] A recent spurt in Chinese consumer prices has sparked concern that the trend could trigger a worldwide inflationary surge at a time of rising oil and food costs, andAFP - 547 words
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388 2007-07-23 19 AFP [WASHINGTON! Even as protests grow about US imports from China, many Americans may find it hard to manage without the range of products that dominate or in some cases monopolise the marketplace. Sara Bongiorni, a journalist and author of A Year Without 'MadeAFP - 388 words
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239 2007-07-23 19 Reu ters, AFP [BEIJING] China is aiming to keep growth in lending to within 15 per cent this year to help keep the economy from overheating, local media on Saturday cited the head of the banking regulator as saying. The 21st CenturyReu ters, AFP - 239 words
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Page 19 Advertisements
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Advertisement177 2007-07-23 19 I Excellent Iconic Commercial Redevelopment Site I Along Singapore River I I m I FULL PANORAMIC VIEW I I if// Ferris Wheel IW/ OF THE CITY, INTEGRATED I I WUtstJ W RESORT FERRIS WHEEL I 711 /■W Parliament ,^8 Jx House Superior location with regular site configuration H m-- „,oßwe>177 words
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MALAYSIA/INDONESIA
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Article, Illustration539 2007-07-23 20 S JAYASANKARAN - MALAYSIA INSIGHT Recent tenders suggest KL has yet to make good its promise of transparency S JAYASANKARAN KL Correspondent WHEN Abdullah Ahmad Badawi took over as Malaysia's Prime Minister from Mahathir Mohamad in November 2003, he touted transparency and openness as some of the key539 words
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Article160 2007-07-23 20 Time needed to train staff, buy equipment Reuters [KUALA LUMPUR] Malaysia's top election official says the earliest the country can stage an election is around the end of September due to the need to train staff and buy equipment, a newspaper reported on Saturday. PrimeReuters - 160 words
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Article2901 2007-07-23 20 Transaction date: Jul 20 For a full listing of the closing prices, log on to BT online at http://business-times.asial.com.sg after 11.30pm every trading day HONG KONG v.i mks w- ~m» Aeon Credit 6.80 unch 37 Aeon Stores 12.80 0.36 26 Angang Steel 17.14 0.54 8649 Anhui Conch 50.852,901 words
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232 2007-07-23 20 LAUREL TEO - By LAUREL TEO in Jakarta MINISTER Mentor Lee Kuan Yew and Mrs Lee arrived in Jakarta yesterday evening for a six-day visit. Mr Lee is here to attend and speak at a Citibank Legacies of Leadership event. Besides this, he will232 words
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Article, Illustration269 2007-07-23 20 Price war over the last volume benefits consumers: minister AP [KUALA LUMPUR] Malaysia's government defended the right of supermarket retailers yesterday to sell the new Harry Potter book at a steep discount, despite an outcry from major bookstores. Three leading Malaysian book chainsAP; REUTERS - 269 words
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Article174 2007-07-23 20 Xinhua [KUALA LUMPUR] Global Flying Hospitals (GFH) has chosen Malaysia as its flying hub to send humanitarian medical aid to more than 100 countries, local reports said here on Saturday. Malaysia's established infrastructure, strategic location in central Asia and its economic and political stabilityXinhua - 174 words
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GREATER CHINA
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Article, Illustration442 2007-07-23 21 Reuters [FAIRFIELD, Connecticut] General Electric Co expects to generate at least US$5OO million in sales from China's preparations for the Beijing 2008 Summer Olympics, a top executive at the US conglomerate said on Friday. That's down from an earlier forecast of US$BOO million to US$lReuters; AP - 442 words
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Article, Illustration455 2007-07-23 21 Sharp rise comes amid China govt's announcements of further tightening Xinhua [BEIJING] The combined market value of China's stock market expanded by 4.16 per cent last week after the share prices jumped sharply on Friday. The total capitalisation of all the firmsXinhua; REUTERS - 455 words
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262 2007-07-23 21 AFP [BEIJINGI One in seven "Chi-nese-made truck tyre tubes is prone to exploding, state media reported yesterday, citing the results of safety tests that also found dodgy liquors and juice drinks. Tests by China's top quality control watchdog have found that the strengthAFP - 262 words
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Article407 2007-07-23 21 Jul 20 A0N Amro Bank NV 5.S Agricultural Bank Of China 5.5 Mil Banking Group 6 American Express Bank 5.75 Arab Bank PLC 5.5 Banca Di Roma Singapore branch 6.5 Banco Bilbao Vizcaya Argentana, S.A 6 Bangkok Bank f Bank ol America NA 5 Bank of China407 words
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273 2007-07-23 21 It hopes to display its armed forces in more than 10 years AFP [TAIPEI] Taiwan is considering staging its first National Day military parade in more than a decade to show off its arms build-up, the defence ministry spokesman said yesterday, amid China'sAFP - 273 words
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296 2007-07-23 21 Reuters [BElJlNGJBeijing's Silk Alley Market, famous for knock-off designer gear from North Face jackets to Louis Vuitton bags, has been raided again after state media had heralded a clean-out of fake goods. "Authorities confiscated 553 fake Nike shoes, 408 counterfeit AdidasReuters - 296 words
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436 2007-07-23 21 Reduced phone charges helping to fuel public demand Xin hua Reduced phone charges helping to fuel public demand [BEIJING] China, a country where 20 years ago most of its citizens did not even have fixed landlines, is celebrating itsXin hua - 436 words
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Page 21 Advertisements
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Advertisement78 2007-07-23 21 If you are facing any of the folfowing: 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 payroll staff78 words
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INDIA
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433 2007-07-23 22 Coffee retail chain delays plans amid fog over Indian govt's FDI policies AFP its wholly owned subsidiary, Starbucks Coffee International, the statement issued late on Friday by the company's US headquarters said. "Starbucks is reviewing all its options and evaluating howAFP - 433 words
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Article, Illustration611 2007-07-23 22 AFP [NEW DELHI] India's first female president, Pratibha Patil, savoured her election win yesterday as supporters hailed the victory as significant for the cause of women in the South Asian nation. The 72-year-old lawyer defeated Vice-President Bhairon Singh Shekhawat by a landslide onAFP; AP - 611 words
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362 2007-07-23 22 7.75b-rupee profit meets forecast but rising rates cast pall over loan defaults Reu ters [MUMBAI] India's sec-ond-largest lender, ICICI Bank, reported on Saturday a 25 per cent rise in quarterly net profit, meeting forecasts and helped by growing demand forReu ters - 362 words
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295 2007-07-23 22 Government alone won't be able to meet the huge funding demand, says minister Reuters [NEW DELHI] India is banking on private equity inflows and an annual use of US$5 billion from its foreign exchange reserves to meet the investment needs of its creakyReuters - 295 words
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Page 22 Advertisements
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Advertisement495 2007-07-23 22 WAT 3 NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg I INTERNATIONAL PRESS SOFTCOM LIMITED (Incorporated in the Republic of Singapore) m (Co. Registration No. *****1169E) SOFTCOITI NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an EXTRAORDINARY GENERAL MEETING ("EGM") of International Press Softcom Limited (the "Company") will be held495 words
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Advertisement431 2007-07-23 22 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF GLOMESH PTE LTD (In Members' Voluntary Liquidation) Registration No. IWIOSM2D) Notice is hereby given pursuant to Section 308(2) of the Companies Act, Cap. SO, that the Final General Meeting of the members of the Company will431 words
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Advertisement13 2007-07-23 22 Radio 91.3 is managed by SPH Unionworks. a subsidiary of Singapore Press Holdings13 words
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Advertisement77 2007-07-23 22 B SINGAPORE 'ardwaneZone PRICE GUIDES Get rid of j the clutter NOW. I www.hardwarezone.com® handy Mobile-Phone Price Guide is all you need. With a click of your mouse, even details like Operator Contracts and Phone Plans will be at your fingertips. So log in now for the best Mobile-Phone Prices!77 words
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ASIA-PACIFIC/WORLD
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Article, Illustration832 2007-07-23 23 Aversion spills over to stocks of finance firms following hedge fund troubles Reuters [NEW YORK] The longawaited tightening of financial conditions has landed in the United States, Asia and Australia, just to name a few places as investors turn their back on allReuters; BLOOMBERG - 832 words
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395 2007-07-23 23 NEIL BEHRMANN - Firm gave too high ratings to sub-prime bonds, says investor By NEIL BEHRMANN in London INVESTORS have begun to sue Moody's and others because of Bear Stearns credit debacle. A private investor, Raphael Nach has commenced a class action against Linda Huber, Moody's chief395 words
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Article, Illustration658 2007-07-23 23 AP [NEW YORK] Just a few weeks ago, it seemed inevitable to many on Wall Street and in the media industry that Rupert Murdoch would prevail in his campaign to add Dow Jones Co, publisher of The Wall Street Journal, to theAP; REUTERS - 658 words
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231 2007-07-23 23 Reuters [TOKYO] The Japanese government will allow inspectors from the United Nations to look into leaks at the world's largest nuclear plant caused by an earthquake last week, Kyodo news agency quoted officials as saying yesterday. "The Nuclear and Industrial SafetyReuters - 231 words
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470 2007-07-23 23 AP [WASHINGTON] Bowing to pressure from a powerful congressman and companies with international operations, the Securities and Exchange Commission has taken down a website that listed businesses with interests in countries on a terrorism watch list. SEC chairman Christopher Cox issued aAP - 470 words
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Page 23 Advertisements
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Advertisement48 2007-07-23 23 clear "messy" accounts arising from change of systems staff turnover meet statutory Head Office reporting deadlines submit accounts to financial institutions reconstruct accounts from incomplete records extract financial information for a litigation crunch figures in preparation for IPO Call 6-*****68 now Account Serve for the Accounting Specialists wwwStoneForestAccountsxomsg48 words
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SHIPPING/AVIATION
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Article, Illustration391 2007-07-23 24 Strike may occur today if shippers reject their terms for a new contract AP [LOS ANGELES] Clerical workers presented their final offer to shipping companies after all-night contract talks aimed at preventing a strike at the largest US port complex. "We'veAP - 391 words
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Article, Illustration617 2007-07-23 24 Firm may revamp its restructuring plan if US$ weakens further Reuters [MUNlCH] The newly appointed head of Airbus says politics will not throw pending plant sales off course but if dollar weakness worsens, its PowerB restructuring plan would need aReuters - 617 words
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413 2007-07-23 24 Bloomberg [LONDON] The cost of shipping crude to southern Europe from the Black Sea fell to its lowest in more than three years as rising oil prices stifle demand and global production of tankers accelerates. Crude oil traded at an 11-month highBloomberg - 413 words
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357 2007-07-23 24 Reuters [ROME] Loss-making Italian carrier Alitalia last Friday adjourned to this week a board meeting discussing its future and dwindling options following the collapse of its seven-month auction. Alitalia, which the Rome government has warned could be shut down unless a buyerReuters - 357 words
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262 2007-07-23 24 AP [LOS ANGELES] Virtually all cargo containers entering US ports will be scanned by radiation detecting equipment by the end of the year, Homeland Security Secretary Michael Chertoff said on Friday. However, more advanced equipment is needed to help speed theAP - 262 words
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Page 24 Advertisements
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Advertisement268 2007-07-23 24 bd nalflebtl NALCO <==!. Nalco is the leading global provider of integrated water treatment and process improvement services, chemicals and equipment for a variety of industrial and institutional customers. Through our sales, research and marketing team of more than 6500 technically trained professionals we serve more than 60,000 customer locations.268 words
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Advertisement19 2007-07-23 24 TODAY IN software! piracy k a serious W problem f herep SiMMiattiSlig* ffISSFBI®? For Subscription, call 6388 3838 www.sphsubscription.com.sg19 words
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Page 24 Miscellaneous
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Miscellaneous195 2007-07-23 24 CRYPTIC CROSSWORD ACROSS 25 A problem' He's only kid-" ding (6) 26 A blow for the farmworker 8 Rows about stray dogs (8) YESTERDAY'S SOLUTION (8) 13 They have time to finish (9) Across: 7 Men in grey suits, 9 14 Lou and Ivy sob together, un- Nettle-rash, 11 Sate,195 words
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Article12938 2007-07-23 25 STRAITS TIMES INDEX STOCKS I *t dm Change Stock MUM Wt Oow Change Stock name Wt Oom Chang* I Allgreen 0.54 1.900 *0.020 Hyflux 0.30 3.260 +0.040 SPC 0.46 6.450 *0.200 Ascendasreit K>2 3.000 *0.010 JMH 2.77 25.000 SPH 2J2 4.660 ±0 080 CapitaComm 0.56 2.950 *0.050 JSH12,938 words
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Article6870 2007-07-23 26 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In local curr In St In USS dy yr dy yt dy %yr iul 20 Index Change Change Change Change Change Change The World Index Preliminary 1193,3 0.8 8 4 0.8 9.1 0 7 10.7 1 EAFE Preliminary 1195.7 -06 8.0 -04 10.16,870 words
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Advertisement2 2007-07-23 26 visit www.phillipfutures.com.sg2 words
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Biz IT THE BUSINESS OF INFOCOMM TECHNOLOGY
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Article, Illustration531 2007-07-23 30 WINSTON CHAI - It is on the lookout for more office space and will add more than 100 jobs, reports WINSTON CHAI WINSTON CHAI INDIAN IT services giant Satyam Computer Services will add more than 100 jobs here in the next quarter after tying up outsourcing deals with531 words
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338 2007-07-23 30 WINSTON CHAI - Q4 revenue grew 8.5% in 2006 to US$2.74b By WINSTON CHAI HARD disk drive maker Seagate Technology's production expansion in Asia is on track as regional revenue contribution for its fourth fiscal quarter inched upwards from a year earlier, according to a senior company official.338 words
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169 2007-07-23 30 Bloomberg [MILAN] Intel Corp and STMicroelectronics NV have named the new company that combines their flash-memory businesses Numonyx. Numonyx, whose name is derived from the word "mnemonics", a system to develop and improve memory, will be based in Switzerland, the two companies said inBloomberg - 169 words
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Article282 2007-07-23 30 ROLAND LIM - <what's up> Compiled by ROLAND LIM Palm appoints new Asia-Pacific head PALM has appointed Karthik Srinivasan as its new managing director for Asia-Pacific, replacing Paul Blinkhorn, the company's previous vice-president in charge of the region, who has since left Palm. Mr Srinivasan will be responsible for Palm's sales and marketing282 words
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Article, Illustration638 2007-07-23 31 AMIT ROY CHOUDHURY - Computer maker sees retail as complementing its direct selling model By AMIT ROY CHOUDHURY DELL Computers is planning to put its computers on the shelves of shops selling PCs in Singapore. The company, which pioneered the direct selling model over the Internet, is in638 words
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Article, Illustration476 2007-07-23 31 ROLAND LIM - <what's new> Compiled by ROLAND LIM Jabra brings on the bling GN, the maker of Jabra, has launched a Bluetooth headset that will add some "bling" to your ears. Designed with Danish design house Jacob Jensen, the 24 carat gold-plated edition of the Jabra JXIO Cara Gold Bluetooth headset is476 words
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Article, Illustration779 2007-07-23 31 ROLAND LIM - <cool stuff> The latest 'brick' from Nokia has almost got it all, but still lacks a touchscreen that would have made it so much better, says ROLAND LIM ROLAND LIM THE "brick" has landed. And the Nokia E9O is the latest slab in779 words
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352 2007-07-23 31 AMIT ROY CHOUDHURY - It aims to target 120,000 SMBs in S'pore with offering By AMIT ROY CHOUDHURY BUSINESS Objects, a leading provider of business intelligence (BI) solutions, has announced the availability of its Crystal Decisions Professional Edition solution for Singapore's mid-market organisations. Discussing the352 words
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303 2007-07-23 31 AFP [SAN FRANCISCO] Google said last Friday it would bid as much as US$4.6 billion to buy US wireless licences in an upcoming government auction if rules include keeping the frequencies open to anyone. The US Internet giant told the FederalAFP - 303 words
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317 2007-07-23 31 Bloomberg [SAN FRANCISCO] HewlettPackard Co captured the top ranking in the person-al-computer market for a fourth straight quarter, widening its lead as shipments at rival Dell Inc fell. Hewlett-Packard's market share increased 3.4 percentage points in the second quarter to 19.3 per centBloomberg - 317 words
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110 2007-07-23 31 AP [TAIPEI] Taiwan's Acer Inc said last Friday it has filed a counterclaim in a US court against a patent infringement lawsuit by Hewlett-Packard Co. Acer said in a statement it filed the counterclaim last Thursday with the District Court for the Eastern District ofAP - 110 words
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BT ADVERTORIAL: HP SERVICES SPECIAL
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Article, Illustration571 2007-07-23 32 HP has been consistently ranked among the world's top service providers with numerous accolades UTSOURCING has I|| become one of the li most frequently IIH used terms in the inm formation technoloig* jm gy lexicon in the last decade and it continues to be theFILE PHOTO - 571 words
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178 2007-07-23 32 Application Management Simplify the management and ensure high availability for critical application environments, ranging from customer relationship management and enterprise resource planning tools to e-commerce as well as messaging and collaboration systems. Business Process Outsourcing Leverage HP's business process expertise and outsource non-core activities to free178 words
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Article, Illustration723 2007-07-23 32 A PRODUCTIVE workforce is undoubtedly the most valuable asset to any organisation. Raising employee productivity has a direct impact on the bottom line and also results in talent-based competitive differentiation that is tough for rivals to follow. While most companies recognise the productivity imperative,BANGKOK POST - 723 words
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Article, Illustration593 2007-07-23 32 BUSINESS applications like enterprise resource planning and customer relationship management systems have now been tightly woven into the IT fabric of most companies. These applications support critical business processes and improve resource allocation and customer acquisition efforts. With the growing dependenceFILE PHOTO - 593 words
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Advertisement214 2007-07-23 30 Screen Images are amulated ***** Samsung Bectroncs Co. LM. v; >US -OisjftJLS. > s 6 Vv- -'.-3 Vi^-V m &f: jiaMPt./yfcxj&Sa A 1 iIM ;v H Bs3 1 #1 i 1 /fpfl m If A -v. ■IBF imagine a colour laser multi-function printer big on colour, small on size It's214 words
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Advertisement7 2007-07-23 30 COOL STUFF Nokia's E9O Communicator. PG 317 words
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