The Business Times, 14 June 2005

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Total Pages: 30
1 30 The Business Times
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  • Title Section
    Lock icon Masthead
    13 1 THE BUSINESS TIMES SINGAPO^^eW online at http://business-times.asial.com.sq MICA (P) 089/03/2005 •Tuesday, June 14,2005
    13 words
  • Article, Illustration
    Lock icon Jobs outlook positive for next 3 months
    642 1  -  But recruitment is slowing down with projected weakening of S'pore economy By CHUANG PECK MING [SINGAPORE] The outlook for the job market in the next three months remains positive, but recruitment is easing with the projected slowdown in the economy. "In Singapore we're
    642 words
  • Article, Illustration
    Lock icon China SMEs a boon for S'pore IT firms: study
    541 1  -  By RAJU CHELLAM [SINGAPORE] Singapore's infocomm companies should focus on a huge opportunity that is just opening up in North Asia, a study has found. China-based small and medium size enterprises (SMEs) are set to spend more than US$6.5 billion beefing
    Source  -  541 words
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  • TOP STORIES
    • Article, Illustration
      Lock icon CAO saga hogs headlines in Chinese, Hong Kong papers
      457 2  -  Most call for better governance and see fiasco as a cautionary tale By LIZA LIN [SINGAPORE] The China Aviation Oil saga Singapore's biggest corporate scandal since the Baring's fiank collapse in 1996 received extensive press coverage in China last week. A
      FILE PHOTO  -  457 words
    • Article
      Lock icon Temasek, VC partners buy into Soma
      257 2 Bloomberg Bernama [SINGAPORE] Singapore investment company Temasek Holdings, Morgan Stanley Venture Partners and two other venture capital companies have invested US$5O million in Soma Networks Inc. a provider of high-speed wireless Internet access. The two other VC companies are NeoCarta Ventures Inc and En-«
      Bloomberg; Bernama  -  257 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      601 2 Schering aims for Asia-Pac from Singapore HQ GERMAN pharmaceutical firm Schering has set up a new Asia-Pacific headquarters in Singapore which aims to help meet the contraception needs of Asian women. It has had considerable success in the birth control market since its oral contraceptive Yasmin was launched
      601 words
    • Article
      Lock icon Protectionism a key challenge for SIA
      558 2  -  HOCK LOCK SIEW By WONG WEI KONG THE Australian government's decision to deny Singapore Airlines access to the lucrative AustraliaUS route is not likely to hit SlA's earnings in the immediate term. But having said that, the ban will set SIA back in its
      558 words
    • Article
      Lock icon Correction & clarification
      106 2 Correction clarification IN the BT-LEK Shareholder Scorecard table published on April 29, data provided by LEK showed that the annualised total shareholder returns for Singapore Technologies Engineering was 14.2 per cent, negative 0.3 per cent, and negative 2 per cent, on a one, three and five-year basis, respectively. LEK has
      106 words
    • Article
      Lock icon Schering makes S'pore its Asia-Pac hub
      258 4  -  German firm sees double digit growth in providing birth control needs of Asian women By CHLOE CHOY [SINGAPORE] German pharmaceutical company Schering said yesterday that its new Asia-Pacific headquarters in Singapore aims to help meet the contraception needs of Asian women. Schering has had
      258 words
    • Article
      Lock icon Women still don't have control of contraception
      325 4  -  By MINDY TAN '{SINGAPORE] A panel discussion yesterday in conjunction with pharmaceutical company Schering's setting up of its Asia-Pacific headquarters in Singapore focused on whether Asian women are "taking charge" in the bedroom. According to a study last year, this would not seem
      325 words
    • Article, Illustration
      Lock icon Regional telco alliance launches new services
      326 4  -  By ROLAND LIM [SINGAPORE] Regional telco alliance Bridge Mobile Alliance (BMA) yesterday launched four new services aimed at improving mobile network roaming services for subscribers across its eight members' networks. BMA was established in November 2004 by Sing Tel Mobile of Singapore, Sing- Tel
      FILE PHOTO  -  326 words
    • Article, Illustration
      Lock icon Liu Thai Ker steps down as NAC chairman
      304 4  -  By CHEAH UI-HOON [SINGAPORE] After nine years as chairman of the National Arts Council (NAC), Liu Thai Ker will be stepping down at the end of this month. Succeeding him is Edmund Cheng Wai Wing, the council's deputy chairman. Mr Cheng is
      FILE PHOTOS  -  304 words
    • Article
      Lock icon MARKETS DIGEST
      133 4 STI 2.218*6 (-1.57) ST INDEX FUTURES (+10.00) siMsa 262.09 (-0.15) SIMSa FUTURES 262*0 (+1.20) MARKETS Monday Chang* KLSECOMP 894.68 +466 NIKKEI 225 11,311.51 +7.28 HANG SENG 13.952.02 +17.26 SET INDEX 675.09 -4.89 JAKARTA COMP 1.100.878 +3.946 MANILA COMP dosed SEOUL COMP 990.49 -030 SHENZHEN B 230.18 +1.68 BOMBAY
      133 words
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      511 2 Banking Laws and Regulations Date Financial institutions operate in a dynamic environment that demands prompt responses Monday 25 July 2005 t0 changing business trends and to the competition in the market. Financial institutions 1 30pm to 5 30pm a so have to cope with fast evolving regulatory requirements that pose
      511 words
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      28 2 Check out a wide range of courses in h "Learning for Success". An education feature in The Straits Times Classified every Monday. Buy It. Sell It. Find It.
      28 words
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      16 4 Head to The New Paper Fast Ads for education options! Buy It Sell It find It
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      100 4 i <i '*W£ '^^v *-<• fgrn=ammm Nominat > ons for the «WBißi 2005 eso.startup awards 2005 are now open Recognising Singapore's New Enterprises To be eligible, a company must: be a privately-held enterprise be under 5 years old (from date of incorporation) have a strong nexus to Singapore have at
      100 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon SK Energy Asia withdraws JM bid against CAO
      424 5  -  High Court approves revised debt repayment plan By JOYCE KOH ONE of China Aviation Oil's creditors has given the troubled company some breathing space by withdrawing a petition to impose judicial management. The move followed High Court approval yesterday for CAO's revised
      FILE PHOTO  -  424 words
    • Article
      Lock icon SATS handles 9.1% more passengers in May
      295 5 Bloomberg SINGAPORE Airport Terminal Services (SATS), the groundhandling unit of Singapore Airlines (SIA), said it handled 9.1 per cent more passengers last month, helped by increased travel demand. The company handled 2.12 million passengers in May, an increase from 1.94 million in the
      Bloomberg  -  295 words
    • Article
      Lock icon Macquarie Funds unit to take up to 30% of Prime Reit
      606 5  -  Ergo and partners won't hold units; trust's listing pushed to August By KALPANA RASHIWALA MONTHS of corporate battling for control of two prime Orchard Road shopping malls looks like ending on a down-beat note. German insurer Ergo and partners
      606 words
    • Article, Illustration
      Lock icon PCCW seeks to buy mobile firm Sunday
      487 6 It will offer up to US$200 million for the smallest of Hong Kong's six cellular operators [HONG KONG] Fixed-line phone company PCCW Ltd, which is an associate of Sin-gapore-listed Pacific Century Regional Developments, is aiming to return to the mobile business. Yesterday, PCCW
      AP  -  487 words
    • Article
      Lock icon Hutchison shares buoyed by PSA deal
      392 6 Stakes in 2 port divisions to change hands for US$925m Bloomberg SHARES of Hutchison Whampoa, the world's largest port operator, rose after the Hong Kong-based company announced it was selling stakes in two port divisions to Singapore's PSA International for US$925 million. Hutchison, controlled
      Bloomberg  -  392 words
    • Article
      Lock icon US parent makes $72m offer to take CSC Hldgs private
      278 6  -  By ALEXANDRA HO US-BASED CSC Computer Sciences International (CSCI) has proposed a $71.7 million scheme of arrangement to take its Singapore arm CSA Holdings private. CSCI, which owns about 97.8 million shares or a 73.7 per cent stake in CSA,
      278 words
    • COMPANY BRIEFS
      • Article
        Lock icon Informatics divests US properties for US$500(000
        95 7 Informatics divests US properties for US$500 000 INFORMATICS Holdings yesterday said its US-incorporated subsidiary, Informatics Inc, has sold its land in West Virginia, together with buildings, for US$5OO,OOO in cash to Salem International University Inc and Salem International University LLC. Informatics bought the assets—which housed the non-profit private university —in
        95 words
      • Article
        Lock icon SP Chemicals raises investment in Singpu
        55 7 SP CHEMICALS is increasing its investment in wholly owned subsidiary Singpu Chemical Industries (Taixing) Co (SCI). SP said it is for the construction of its vinyl chloride monomer plant and for working capital purposes. SCl's registered capital will be raised from U5549.9 million to
        55 words
      • Article
        Lock icon No big impact from fire in S'pore Refining plant
        62 7 A FIRE broke out at a Singapore Refining Company (SRC) diesel hydrotreating unit on Jurong Island yesterday afternoon. No casualty was reported. SRC, a 50:50 joint venture of Caltex and Singapore Petroleum Company (SPC), expects minimal impact on production. SPC said
        62 words
      • Article
        Lock icon Robinson's deputy chief executive resigns
        63 7 ROBINSON'S long-timer Victor Tan Chye Huat has resigned as joint company secretary and deputy chief executive officer. Mr Tan, whose resignation from the department store group takes effect tomorrow, joined the company in April 1979. He held various appointments before becoming the deputy chief executive
        63 words
      • Article
        Lock icon CSE Global's unit wins $40m contracts in Iran
        140 7 CSE Global's Singapore-based subsidiary, Transtel Engineering, has won three telecommunications projects totalling about $40 million in Iran. The biggest is a $30 million contract called the South Pars Integrated Fiber Optic Network, which would require CSE to embark on large-scale turnkey project.
        140 words
      • Article
        Lock icon Chuan Hup's Aussie unit in JV to develop land
        61 7 CHUAN Hup Holdings' subsidiary in Australia, 96 102 Terrace Road Pty Ltd, has entered into a joint venture agreement with Australian developer Burt Way Developments to develop the land in East Perth belonging to Chuan Hup's subsidiary. The parties have formed
        61 words
    • Article, Illustration
      Lock icon Pak strike leaders may be tried as terrorists
      431 7 AFP [ISLAMABAD] Pakistan warned that strike leaders opposing the privatisation of the country's giant telephone company could be tried as "terrorists" as troops continued to guard the firm's key installations yesterday. Trade unions said around 400 of their senior members had been
      AFP  -  431 words
    • Article
      Lock icon Advance SCT buying stakes in 2 companies
      414 7  -  Acquisitions will enable it to control its entire copper anode supply chain By LISA TAN, BENJAMIN WOON ASIA Pacific's largest independent tester of printed circuit boards, Advance SCT, will control the entire copper anode supply chain wij;h two new acquisitions. It is taking
      414 words
    • Article
      Lock icon India derails STT-Telekom's Idea stake plan
      224 7 Bloomberg [KUALA LUMPUR] Telekom Malaysia Bhd and Singapore Technologies Telemedia, which planned to buy a stake in India's Idea Cellular Ltd, said they scrapped the proposal after failing to get the Indian government's sanction. India's Department of Telecommunications and the Foreign Investment Promotion Board
      Bloomberg  -  224 words
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      87 6 Own an exquisite vHU with stunning views of the sea, fairways and city skyHne.Apffl**de resort living like no other. I -wm ie.'m -v jm ttJil *iJM|hw| Bwj Am Exclusive Auction Sale of 6 Prime Hillside Bungalow Land Parcels IS June 200S Venue: Sentosa Cove Sales and Information Centre Pitas* call
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      134 7 You can avoid the nitty-gritty of the paperwork process by paying us as low as 60 cents* a day for our range of corporate secretarial services. This allows you to have the peace of mind to concentrate on your business. Other services available include: Nominee Director Merger Acquisition 9 Restructure
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      23 7 I Booster Capital Guaranteed Fund I SGD RID 02/06/05 9,99 SGD I Double Joy Capital Guaranteed Fund I USD RID 02/06/05 9,73 USD
      23 words
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      Lock icon Page 7 Advertisements Column 3
      276 7 Korea is in a position of strength to transform its technological expertise and leading-edge innovations into viable businesses worldwide. In two powerful exhibitions here in Singapore and Korea participants with the potential to invest will explore new markets, discover breakthrough technologies and more. So if you are looking for investment
      276 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Stability in blue, sensation in red
      555 8  -  STOCKS Bluechip counters lead day's market movers while IPO stocks that had been out of favour rebound JOYCE KOH Reporter a T has been said before but once again, the stock market right now tells a tale of two cities. Even as retail players
      Source: Bloomberg  -  555 words
    • Article, Illustration
      Lock icon TRADES TO WATCH
      744 8 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS (Disclosures made on Jun 13 and earlier) Subsantial No of Price SHAREHOLDING Shareholder Buy I Shares Per Before After Stock Trans Date Director Sell '000 Shr ('000) COOP) MeibanGrp 13-Jun-05 HSBC Invest *Buy 775 0.70 ***** 4.97 ***** 5.22 Fragrance Grp 13-Jun-05 Koh Wee
      744 words
    • Article
      Lock icon FMR, Fidelity up stake in Beauty China to 6.01%
      114 8 FUND manager FMR Corp and Fidelity International have become substantial shareholders of Beauty China, with their deemed stake in the company raised to 6.01 per cent from 4.95 per cent. The additional 1.06 per cent stake came from the purchase of
      114 words
    • Article
      Lock icon Hour Glass' Henry Tay raises holding in Cortina
      86 8  -  Compiled by ALEXANDRA HO THE Hour Glass' Henry Tay continues to increase his stake in rival luxury watch retailer, Cortina Holdings. Dr Tay bought another 50,000 Cortina shares last Thursday, taking his interest in the company to 9.631 per cent, from 9.598
      86 words
    • Article
      Lock icon BROKERS' TAKE
      1010 8  -  Compiled by R SIVANITHY Midas Holdings June 13 dose: 33 cents BNP PARIBAS PEREGRINE. June 9 MIDAS' aluminium-alloy extrusion division, which generated about 53 per cent of 2004 group revenue, is poised for robust growth over the next three years when a second fine, a 55 Mega Newton
      1,010 words
    • Article, Illustration
      Lock icon US$ surges again as outlook brightens
      521 8  -  CURRENCIES LARRY WEE Senior Correspondent THE US dollar put on another impressive show in Asia yesterday, surging as much as 1.8 per cent to fresh highs not seen in seven to nine months versus the Japanese yen, euro, Swiss franc and pound. Closer to
      Source: Reuters  -  521 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Refiners expect firm outlook for this year
      478 9  -  Q2 turning out to be favourable but overall 2005 may not match 2004 By RONNIE LIM DESPITE some softness in regional demand for oil products, Singapore refineries expect margins to remain favourable in the second quarter of this year. But while the overall
      FILE PHOTO  -  478 words
    • Article
      Lock icon MAS seeks feedback on insurance policy trading regulations
      358 9  -  By GENEVIEVE CUA THE Monetary Authority of Singapore is seeking feedback on regulations on the sale of traded life and endowment policies. These policies create a secondary market for life insurance plans, giving policyholders who are unable or unwilling to maintain their
      358 words
    • Article, Illustration
      Lock icon 55% of S'poreans upbeat about economy: poll
      366 9  -  32% of people here are concerned about job security By LISA TAN MOST Singaporeans remain confident about the economy, though the number has fallen since last year, a survey has found. ACNielsen Research found that 55 per cent of Singaporeans are confident that
      366 words
    • Article, Illustration
      Lock icon Samsung to launch full-range of 3G phones in S'pore
      690 10  -  Company to showcase 50 products at CommunicAsia BT exclusive COMMUNICASIA Reports by AMIT ROY CHOUDHURY WITH third generation (3G) mobile telephony services being crucially poised in Singapore, Samsung will leverage on its technological skills to launch a full range of 3G-enabled
      690 words
    • Article
      Lock icon Zi Corp to launch mobile phone interface solution
      364 10 SAY goodbye to reading bulky handphone manuals and to going through their complicated built-in menu structure. A software engine allowing users to find out all the bells and whistles that are built into today's complicated phones will be launched today at CommunicAsia
      364 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      3985 10 UNIT TRUSTS FUNDS Citi Glottal Healthcare Fund 0.96/ CM Gib Fin Srva Fund 1.0V AMAmtoAmMMgt(S'por*) "1- U°12V St* Eirap* Eqtyl ...0.V S B Sel Gib Bus Ldrs Ptfl OB(USO) 1.1724/ c£ I" 01 S 0 1 Citibond Sport Class Y 0.97B/ n<Sai SB Sal Eqty Dividend Pf 04 (SGO) 0.9541/
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      315 9 India's Leading Technology Publications jt Groan Is new Seeking M Partners In Singapore flf fflo© Idoq OoamraMijik Since 1969, The EFY Group has strived to keep citizens of the Indian sub-continent informed about the latest in technology. Now it offers to do the same FOR YOU. II EFY seeks partners
      315 words
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  • SME spotlight
    • Article, Illustration
      Lock icon Bet on family businesses: don
      717 11  -  Contrary to conventional wisdom they have good governance and offer better returns to investors, reports DANIEL BUENAS DANIEL BUENAS WHILE many investors believe that publicly held multinationals boast the best good governance practices, in fact it is family businesses that are generally better run and
      ARTHUR LEE  -  717 words
    • Article
      Lock icon Chemical industry group woos SMEs
      406 11  -  By NANDE KHIN MENTION Singapore's chemicals industry and many people wil think of big names like Exxon Mobil Chemical, Du Pont Singapore and Sankyu. But Shamsher Zaman, director of international affairs with the Singapore Chemical Industry Council (SCIC), would have you know that about 80
      406 words
    • Article
      Lock icon Small-cap portfolio beats STI, Sesdaq Index
      363 12  -  By TEH HOOI LING RENEWED interest in small cap stocks in the last couple of weeks has helped lift our portfolio by 2.9 per cent, beating both the UOB Sesdaq Index as well as the Straits Times Index. Between May 23 and yesterday, the
      363 words
    • Article, Illustration
      Lock icon Ace Achieve going strong
      802 12  -  SMALL CAPS Telecom software solutions provider is riding on China telcos' growth, reports CAROLYN QUEK CAROLYN QUEK MAI N B OAR DLISTED China play Ace Achieve is by all accounts living up to its name. Formed only in August 2000, tiie relatively young company, a provider
      802 words
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      483 12 own a piece of JB'a.pa.clxse Marriott's Phuket Beach Club Vacation Villas from $8,999. wm ■I -J H y.fr At Marriott Vacation Club our for why you to be our guest for a 90-minute personal preview of Vacation Ownership, Marriott In exchange for your give you a to remember: a i^SP^^SPl^^^^Hi
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon KL exporters blase about ringgit peg
      612 13 They're confident of keeping their edge even if currency is revalued Reuters [PETALING JAYA] After doggedly defending a currency peg against the dollar for almost seven years, Malaysia should expect rocksolid support for its policy from those who have made a fortune from it
      Reuters; AFP  -  612 words
    • Article, Illustration
      Lock icon Soft landing possible for China: Wu Yi
      195 13 Bloomberg [HONG KONG] China can achieve a gradual economic slowdown though administrative measures such as limiting credit to the steel and real estate industries, China's Vice-Premier Wu Yi said. Ms Wu, speaking at a conference in Hong Kong, also said the US had
      Bloomberg  -  195 words
    • Article
      Lock icon WTO chief says lifting textile quotas will help trade
      279 13 AP [HONG KONG] The head of the World Trade Organization (WTO) said yesterday that ending international quotas for textiles has benefited global trade and that some nations must adjust to the change an apparent veiled reference to the US and the
      AP  -  279 words
    • Article, Illustration
      Lock icon Opec may raise output: Saudi minister
      650 13 Bloomberg [WASHINGTON] The Organisation of Petroleum Exporting Countries, producer of 40 per cent of the world's oil, may increase output for the second time this year as prices stay above US$5O a barrel, Saudi Oil Minister Ali al-Naimi and analysts said. Mr al-Naimi said
      Bloomberg; AP  -  650 words
    • Article
      Lock icon Asian commodity trading drops 18%
      329 13 BIS cites slowing China growth, poor Japan recovery Bloomberg [BASEL] Commodity trading fell in Asia by more than any other region in the first three months of the year, the Bank for International Settlements said, amid signs of slowing growth in China and a sluggish
      Bloomberg  -  329 words
    • Article
      Lock icon Japan reduces Q1 GDP estimate to 4.9%
      742 13 Bloomberg [TOKYO! Japan unexpectedly cut its first-quarter economic growth estimate after sluggish overseas demand prompted manufacturers to keep inventories in check. The world's second-big-gest economy grew at an annual 4.9 per cent pace, compared with the government's initial estimate of a 5.3 per
      Bloomberg  -  742 words
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  • MALAYSIA/INDONESIA
    • Article
      Lock icon Khazanah seen eyeing takeover of Lippo Bank
      452 14  -  But Lippo group declines to comment on a 52% stake purchase By SHOEB KAGDA in Jakarta INDONESIA'S Lippo group yesterday declined to comment on whether Malaysia's state-owned investment arm, Khazanah Nasional, was poised to buy a 52.1 per cent stake in PT Lippo
      452 words
    • Article
      Lock icon KUALA LUMPUR STOCK EXCHANGE
      2324 14 VOl General Corp 0.40 -0.01 83 Jwi13 KM COOP) Genting 18.80 unch 44 George Kent .0.71 0.01 37 ASM Realty 1.58 unctl 5 GHL Systems .0.25 -0.01 408 Abric 0.39 unch 442 Globetronics Tech .0.42 unch 1330 ACP Industries .0.77 unch 17 GlomacBhd 1.45 -0.04 296
      2,324 words
    • Article, Illustration
      Lock icon Indonesian anti-graft drive bites
      698 14  -  INDONESIA INSIGHT SHOEB KAGDA Jakarta Correspondent THESE are tough times for Indonesia's business community and high-level government servants. Their world, it seems, has been turned on its head by President Susilo Bambang Yudhoyono's an-ti-corruption drive that is sweeping all before it. The cozy relationship between businessmen
      698 words
    • Article, Illustration
      Lock icon Abdullah urges Asia energy diplomacy
      243 14 AP [KUALA LUMPUR] Malaysian Prime Minister Abdullah Ahmad Badawi yesterday called for "energy diplomacy" in Asia to ensure long-term supply of fuel to sustain economic growth amid the threat of decreasing global reserves. Mr Abdullah noted that by 2020, Asia is expected to need up
      AP; REUTERS  -  243 words
    • Article
      Lock icon Futuristic Grp looks to chain stores
      338 14  -  By PAULINE NG in Kuala Lumpur SESDAQ-listed Futuristic Group is aiming for the here and now capitalising on the inroads it has made in the lucrative US$9 billion US store fixtures market after it realised its dream of working for US apparel giant Limited
      338 words
    • NOTE BOOK
      • Article
        Lock icon Indian think tank cuts growth forecast to 6% this year
        54 14 Reuters [MUMBAI] Indian think tank Centre for Monitoring Indian Economy has cut its forecast for the country's economic growth in the year to March 2006 to 6.0 per cent from 6.6 per cent as it fears insufficient monsoon rains could
        Reuters  -  54 words
      • Article
        Lock icon Petronas still in talks on US$2b Iran LNG venture
        64 14 AP [KUALA LUMPUR] Petronas yesterday said it has not pulled out of a US$2 billion joint-venture in Iran to develop the world's largest offshore gas field but is still in talks to seek an agreement on commercial terms. CEO Mohamad Hassan
        AP  -  64 words
      • Article
        Lock icon China allows non-financial firms to trade bonds
        53 14 Bloomberg [SHANGHAI] China's central bank will allow non-financial institutions to trade directly on the interbank bond market for the first time to help develop the 5.9 trillion yuan (Ssl .2 trillion) industry. Non-financial institutions can now trade directly with financial institutions or bond
        Bloomberg  -  53 words
      • Article
        Lock icon 15b yuan tax break for China Construction Bank
        42 14 Reuters [BEIJING] China Construction Bank received a tax break of 15.47 billion yuan (Ss3.l billion) last year from the government to help boost its capital base, the South China Morning Post said yesterday. Reuters
        Reuters  -  42 words
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon China extends aid to two brokers, cuts dividend tax
      590 15 Financial sector reforms extended to the stock market after bank bailouts Reuters [SHANGHAI] China has taken new measures to help its beleaguered stock markets and boost financial reform by announcing loans for two big brokers and temporarily halving income tax on
      Reuters; Source: Bloomberg  -  590 words
    • Article
      Lock icon China banks repatriate US$16b
      372 15 Withdrawal comes amid continued talk of yuan revaluation Bloomberg [KUALA LUMPUR] Chinese banks, including the central bank, brought a record US$l6 billion home from overseas in the fourth quarter, according to the Bank for International Settlements (BIS). The withdrawal, including from deposits in the United States
      Bloomberg  -  372 words
    • Article
      Lock icon Indian textile firms look to gain from China's woes
      401 15 Reuters [MUMBAI] Indian textile makers are raising money and pulling in foreign partners to ramp up production quickly after global quotas elapsed, moves gaining fresh impetus from China's trade dispute with the US. Soaring Chinese textile exports since the Jan 1
      Reuters  -  401 words
    • Article
      Lock icon Tata Steel to invest US$1.1-1.2b in Iran
      150 15 Reuters [MUMBAII Tata Steel Ltd, India's largest private sector steel maker, said yesterday it will invest US$l.l- billion in building steel plants in Iran. Tata Steel will own 49 per cent stakes in two joint ventures with Iranian Mines and Mining Industries Development
      Reuters  -  150 words
    • Article, Illustration
      Lock icon India's biotechnology industry expands 39%
      423 15 Bloomberg [BANGALORE] India's biotechnology industry grew 39 per cent in the year ended March 31 to more than 47.4 billion rupees (Ssl.B billion) in revenue as vaccine sales expanded, the BioSpectrum-ABLE Biotechnology Industry Survey showed. "Crossing that US$l billion is quite a psychological barrier, and
      Bloomberg  -  423 words
    • Article
      Lock icon GlaxoSmithKline mulls drugs unit in India
      124 15 [NEW DELHI] Multinational pharmaceutical major GlaxoSmithKline (GSK) International is considering setting up its own drug discovery unit in India, besides doing more clinical trials in the post-product patents regime, the Press Trust of India reported yesterday. "With the passing of the patents law, we
      124 words
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      109 15 mSn be <3 Mft takes a special person' I to be called Danf f f^T?n^ rTo Dad To I Hearty, Buffet at the PLoenix. I jf Garden Cafe Hvs Father s Day and stand a I K* l c^ance win a FREE night stay at Hotel fb'jf wer»c in the
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon UniCredito to buy Germany's HVB
      892 16 19.2b-euro deal will be largest cross-border bank takeover in Europe Bloomberg FT [MUNICH] UniCredito Italiano SpA, Italy's secondlargest bank by assets, has agreed to buy Germany's HVB Group and its eastern European units for 19.2 billion euros (5538.8 billion) in Europe's biggest-ever cross-border banking takeover.
      Bloomberg; FT; Source: Bloomberg  -  892 words
    • Article
      Lock icon Berlin should reconsider, allow bank mergers
      352 16 Reuters [FRANKFURT] UniCredito's bid to buy HVB Group should come as a wake-up call to Berlin to allow the country's banks to merge and form global competitors, German newspapers said yesterday. "The takeover is a warning shot across Germany's bows," commented Die Welt. "Neither
      Reuters  -  352 words
    • Article
      Lock icon Not right time to expand in Europe: Citigroup
      340 16 Reuters [MILAN] Citigroup Inc believes the time is not right for a major expansion effort in Europe, despite a rush of banking merger activity, the chief executive of the world's biggest financial services company was quoted as saying. "I do not think
      Reuters  -  340 words
    • Article, Illustration
      Lock icon Daewoo chief who fled Seoul to return home
      307 16 Reuters [SEOUL] The man who built Daewoo into a global corporate powerhouse and fled South Korea when it collapsed with debt of US$7O billion will return home today to face charges of fraud, a former Daewoo spokesman said. Kim Woo-choong, 69, is
      Reuters  -  307 words
  • Page 16 Advertisements
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      350 16 1. 1 Diners C I ii l» CVirtl O here to wine, dine and entertain... mi </ ,./v "1 For I SPECIAL Singapore newest addition to world class cuisine offers delicious chargrilled steaks, chicken, veggies A more, at down-to-earth prices! Dine Dance your evening away to the tune of your
      350 words
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      58 16 MERITUS MANDARIN SINGAPORE BEST Fresh oysters, delectable lobsters, BPp savoury honey-glazed ham, prime rib of beef ana many more mouthwatering dishes to leave you spoilt for choice. Reservations: 6831 6271/72 IBJP ■31 Til* MERITUS MANDARIN A division at Overseas Union Enterprise Limited (Company Registration N0.*****0050£) 333 Orchard Road, Singapore *****7.
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  • WORLD
    • Article
      Lock icon European firms attack new accounting plans
      420 17 They say working group on common standard ignoring their concerns [LONDON] Plans to combine US and international accounting standards have come under attack from large European companies which have accused the industry's professional bodies of lacking accountability and ignoring their concerns, the Financial Times
      420 words
    • Article, Illustration
      Lock icon Adelphia's Rigases deserve 215 years: prosecutors
      536 17 Bloomberg [NEW YORK] Adelphia Communications Corp founder John Rigas and his son, Timothy, deserve 215 years in prison for their fraud and conspiracy convictions, US prosecutors told the sentencing judge, according to court papers. John Rigas, 80, Adelphia's former chief executive, and Timothy, 49,
      Bloomberg; BLOOMBERG  -  536 words
    • Article
      Lock icon IBM lures customers with the fastest supercomputer
      468 17 Bloomberg [LOS ANGELES] International Business Machines Corp, the world's largest maker of mainframe servers, has built itself the most powerful privately owned supercomputer to attract customers in science, weather forecasting and financial services. The Watson Blue Gene computer system, with an average processing
      Bloomberg  -  468 words
    • Article
      Lock icon Firms can avoid fraud case by sharing info
      565 17 AP [WASHINGTON] In a new strategy against crooked corporations, the US Justice Department is allowing them to avoid prosecution in exchange for information about discussions between employees and company lawyers. The disclosure of communications that typically are confidential gives companies the chance
      AP  -  565 words
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      447 17 Calte»4mlMl»»K22 teticcsfiphxeAJg NOTICE OF MEETING Of SCHEME CREDITORS NOTICE IS HEREBY GIVEN that by an Order of Court dated 11 February 2005 made in Originating Summons No 168 of 2005/ A. the Court has ordered that a meeting of the creditors of Digiland International Limited be called for the purposes
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      1231 17 (BStk ADVANCED INTEGRATED MANUFACTURING CORP. LTD. ACRA Registration Number: *****5216 C (Incorporated in the Republic of Singapore) NOTICE IS HEREBY GIVEN that the First Annual General Meeting of the Company will be held at The Fullerton Singapore, 1 Fullerton Square, Singapore *****8 on Wednesday, 29 June 2005 at 11:00 a.m.
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  • SINGAPORE ARTS FESTIVAL
    • Article, Illustration
      Lock icon When SMS inspired a dance
      534 18  -  By CHEAH UI-HOON THEIR dance concept started with a few text messages. But eventually, that communication method between Angela Liong, Arts Fission's artistic director, and Korean choreographer Park Ho-bin became the framework for the dance piece itself. Modern communications and the concept of physical and
      534 words
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      Lock icon Expect delicious Japanese fare
      516 18  -  Heavenly Bento uses an intriguing premise to explore Japanese corporate culture and mass consumerism, reports NGIAM YING LAN NGIAM YING LAN JUDGING from its avant-garde setup, the appetisingly titled Heavenly Bento is an invitation to explore the metaphorical possibilities of the Japanese lunch box and the
      516 words
    • Article, Illustration
      Lock icon Witty look at three couples' mating games
      320 18  -  By SANGEETHA MADHAVAN YOUNG adults everywhere will empathise with this play written by New Zealander Duncan Sarkies. Going by the near capacity crowd that Lovepuke drew at the Esplanade Theatre Studio, it seems that's the case in Singapore too. Smart and witty, Lovepuke
      320 words
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      1386 18 (Company Registration No: *****4711 D) (Incorporated in the Republic of Singapore) HOLDINGS The initial public offering of the shares of C2O Holdings Limited ("the Company") was sponsored by Westcomb Capital Pte Ltd ("the Manager"). The Manager assumes no responsibility for the contents of this announcement. NOTICE IS HEREBY GIVEN that
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      1721 18 Notices IN THE MATTER OF COMPANIES ACT, CAP 50 AND IN THE MATTER OF STEAMERS FAITH SHIPPING PTE LTD {REG. NO.: *****6152G) (IN VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN that in pursuant to Section 308 of tha Companies Act, Cap 50 the Final Meeting of the Members of the abovenamed
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  • AVIATION
    • Article
      Lock icon Barnes Aero expanding in Singapore
      241 19  -  By LISA TAN [SINGAPORE] Connecticutbased Barnes Aerospace yesterday announced an expansion of its manufacturing operations in Singapore. The aerospace arm of New York-listed Barnes Group said that its second facility on the island will make precision aerospace components for a wide range of aircraft engine
      241 words
    • Article
      Lock icon EU, US deadlocked in first WTO confrontation
      233 19 AFP [GENEVA] Negotiators from the United States and the European Union blocked each other's moves in their first formal confrontation in a dispute over aid to Boeing and Airbus at the World Trade Organization (WTO) yesterday. The US, which is attacking subsidies by
      AFP  -  233 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      1878 19 CITY FLIGHT ETA RIGHT ETD IC855 1025 5Q408 1855 DenpasarBaii 5Q141 1145 SQ142 0935 —g* 143 153S jg 146 1M0 Ad toide m&SS Mil GA840 1725 GA841 1825 "AjSg gjl SQ147 2235 SQ148 1900 LH9770 2300 Dhaka ***** 0550 5Q436 2030 SQ229 2300 Doha QR622 1355
      1,878 words
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      Lock icon Qatar Air unveils US$15b order
      737 19 PARIS AIR SHOW It plans to buy 60 Airbus A350 jets and 20 Boeing 777 planes to capitalise on tourism boom Reuters AP Bloomberg [LE BOURGET, France] Qatar Airways gave a big boost to European plane maker Airbus yesterday, choosing its future midsized jet over
      Reuters; AP; Bloomberg  -  737 words
    • Article
      Lock icon Rolls-Royce wins US$800m Air China engine deal
      363 19 Bloomberg [BEIJING] Rolls-Royce Group pic, the world's sec-ond-largest maker of aircraft engines, said it has won an US$BOO million contract to supply Air China Ltd with jet engines for 20 new aircraft. The engine maker said it will supply China's largest airline with
      Bloomberg  -  363 words
    • Article
      Lock icon First new 747s likely to be freighters: Boeing
      379 19 Bloomberg [PARIS] Boeing Co, the world's No 2 commercial jet maker, expects the first customer for a longer version of the 747 to be a freight carrier, said Alan Mulally, president of the company's commercial-air-craft division. "We are clearly looking to the
      Bloomberg  -  379 words
    • Article
      Lock icon Boeing expects plane supply to tighten
      215 19 Reuters [LE BOURGETJ Boeing Co expects surplus supplies of commercial aircraft to dry up over the next two years, boosting demand for its jets, a senior executive said yesterday. "We think the supply is really tightening up and that's why we're starting to see
      Reuters  -  215 words
    • IN BRIEF
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        Lock icon Airbus stands by A350 order goal
        76 19 Reuters EUROPEAN planemaker Airbus said yesterday it stood by its aim of reaching a total of 100 orders for its future mid-sized A 350 aircraft by the end of this week's Paris air show. "I always stand by what I say —100," Airbus's chief
        Reuters  -  76 words
      • Article
        Lock icon Boeing may raise production of 787
        134 19 Reuters US aerospace group Boeing Co said yesterday it was looking to raise production of its new 787 Dreamliner jet in 2008-9 in order to meet strong demand for the mid-sized plane. The wide-bodied 787's success is crucial to Boeing's bid to grab back
        Reuters  -  134 words
      • Article
        Lock icon Eurocopter chief sees steady revenue rise
        80 19 Reuters EUBOCOPTER'S turnover should rise towards four billion euros (SsB.l billion) by 2007 or 2008, Fabrice Bregier, head of the helicopter unit of European aerospace group EADS, said yesterday. "We will be above three billion euros this year and I am very hopeful that
        Reuters  -  80 words
      • Article
        Lock icon ATR gets Finnish order worth US$250m
        81 19 Reuters ATR, the Franco-Italian regional jet maker controlled by EADS and Finmeccanica, said yesterday that Finnish Commuter Airlines had signed a contract for eight ATR 42-500 aircraft plus an option for eight more. The total value of the contract including options is about US$25O
        Reuters  -  81 words
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  • SHIPPING
    • Article
      Lock icon Teekay, Mitsui OSK among firms set to win US$3b Qatar tanker order
      469 20 Bloomberg [DUBAI] Teekay Shipping Corp, the world's largest oil tanker company, and Mitsui OSK Lines Ltd, Japan's second-biggest shipping line, are among a group set to win a US$3 billion order for liquefied natural gas tankers from Qatar.
      Bloomberg  -  469 words
    • Article
      Lock icon New ship prices on the decline, says Clarkson
      555 20 Broker marks down shipyard rates as demand for vessels, steel prices falls Bloomberg [SINGAPORE] Shipbroker Clarkson has cut its assessment of new ship prices from records because of falling demand for vessels and lower steel prices. It is the first decline in
      Bloomberg  -  555 words
    • Article
      Lock icon Australia closes anti-trust case against Stolt-Nielsen
      128 20 Bloomberg [OSLOI Stolt-Nielsen SA, a chemical-tanker company that is under investigation for price-fixing in the US and Europe, said the Australian anti-trust regulator closed its investigation into the matter because of insufficient evidence. The Australian Competition and Consumer Commission (ACCC) has investigated the London-based
      Bloomberg  -  128 words
    • Article, Illustration
      Lock icon US still debating rule for US$1 container security seals
      639 20 NYT [WASHINGTON] Homeland security officials this month touted multimillion-dollar x-ray machines, gammaray imaging and radiation •sensors now being deployed to inspect caiqgo at seaports from Sav&ftnah, "Georgia, to Long Beach, California. Yet as tens of thousands of shipping containers arrive each
      NYT; BLOOMBERG  -  639 words
    • Article
      Lock icon M&A can wait till share and vessel prices fall: Teekay
      428 20 Bloomberg [OSLO] Teekay Shipping Corp, whose ships carry more than a 10th of the world's seaborne crude oil, will avqid purchasing smaller competitors until share and vessel prices decline, said chief executive Bjorn Moller. "We view prices as too high
      Bloomberg  -  428 words
    • PORT SHOTS
      • Article
        Lock icon Scrap rates drop in Bangladesh, India
        88 20 Bloomberg [SINGAPORE] The price of oil tankers and other vessels to be scrapped fell last week in Bangladesh and India, the world's biggest ship demolition markets, because of a drop in prices of recycled steel plates. The price offered for tankers to be scrapped
        Bloomberg  -  88 words
      • Article
        Lock icon Indian firm SCI's Q4 profit doubles
        93 20 Bloomberg [MUMBAI] Shipping Corp of India Ltd, India's biggest shipping company, said fourth-quarter profit more than doubled after the company had a tax gain and non-business income rose. Net income in the three months ended March 31 rose to 6.11 billion rupees (***** million)
        Bloomberg  -  93 words
      • Article
        Lock icon Malaysian maritime force in Nov
        97 20 AFP [KUALA LUMPUR] Malaysia's new maritime unit aimed at fighting piracy and other criminal activities will be launched in November, the official Bernama news agency said yesterday. Bernama said the Malaysian Maritime Enforcement Agency would initially operate with 20 patrol boats and would be subsequently
        AFP  -  97 words
    • Article
      Lock icon TRANSPORT STOCKS
      302 20 SGX '000 Jim* 13 St Vol CH Offshore .0.37 unch 95 Chuan Hup .0.75 0.01 129 Cosco Corporation 1.95 0.03 ***** CWT Distribution 0.67 0.01 48 Ezra Hldgs 1.23 unch 10 Freight Links 0 08 unch 1813 Grand Banks Yacht .0.94 0.02 6 Java Holdings 1.08 -0.01 776
      302 words
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      68 20 ATTENTION ALL SHIPPING COMPANIES WITH EFFECT FROM 19TH MAY 2005 MARPOL 73/78 ANNEX VI SINGAPORE STANDARD CP:6O 2004 REQUIRE SAMPLES TO BE TAKEN AT SHIP'S MANIFOLD WHEN TAKING BUNKERS Hi •"n HAVE YOU COMPLIED? MARITEC supplies all your needs to comply with the mandatory requirement. Maritec Pte Ltd 192, Pandan
      68 words
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      Lock icon Page 20 Advertisements Column 2
      123 20 Provision of tugs for berthing /unDertMng AAa services within the j of Singapore Swift Response Up to 30 days credit Value-added services No cancellaton/amendment charges Marina Offshore Pte Ltd Control Centre For Enquiry, 1 Tel: +65 6295 3311 (24 Hours) Roger: 9785 8593 Tel: +65 6226 2212 Rafi: 9048 7196
      123 words
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  • Page 21 Advertisements
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      49 21 I your Dream Future World Best I lirj/Vy r 1 f T*; k ■--""'s' .v <?<>»."■/ v A r'Mok. «ir', s ,'.c -;Vv'... j >' -A>. II •'•wirmit *-Li ,i :■■•■%«ii s •i?-** A;. .«-i A.III '.**> ,;i '<■ -j V "'I v ■'V"' 1 4 ■>; --> -y mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
      49 words
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  • EDITORIAL & OPINION
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      Lock icon Strict enforcement needed
      492 22 EDITORIAL THE Monetary Authority of Singapore (MAS) has said that it does not see the need for major changes to corporate regulations here. In response to press enquiries following the release of the final investigation report on the China Aviation Oil (CAO) debacle, the MAS said that
      492 words
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      Lock icon S'pore as translation hub
      750 22  -  Building competencies in language services could have many positive spinoffs By TAN HWEE CHIANG SINGAPORE has sought to position itself as a hub for many industries, including media, entertainment, tourism, medical services, and education, among others. Following this strategy, the country is on the road to
      REUTERS, FILE PHOTOS  -  750 words
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      Lock icon India's young population its greatest hope, and challenge
      791 22  -  THE BOTTOM LINE YOGI AGGARWAL THERE was a time not very long ago when India's large population was seen as a drag on the economy an indicator of the hordes of poor that made up the "population bomb", a disaster waiting to
      791 words
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      Lock icon They believed — and achieved
      1532 23  - They believed and achieved Candidates from 32 countries for Ernst Young's World Entrepreneur Of the Year are all winners in their own right KENNETH JAMES Technology Editor IT has all been leading up to this moment, just around the midnight hour on this last Saturday of May. In the stunningly
      KEN LENNOX  -  1,532 words
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      Lock icon The making of S'pore's winner
      812 23  -  By KENNETH JAMES TRUE to form, Sincere Watch group MD Tay Liam Wee isn't about to pass up an opportunity to show off his beloved watches. When this reporter enters the main restaurant of Monte Carlo's Hotel Hermitage for our appointed interview, Mr Tay isn't
      KEN LENNOX  -  812 words
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  • Page 23 Miscellaneous
    • Miscellaneous
      Lock icon Page 23 Miscellaneous Column 1
      183 23 CRYPTIC CROSSWORD 28 Try a sure new method in the exchequer (8) class (8) to the Scotsman (4) DOWN H veins of kinships (5,7) YESTERDAY'S SOLUTION Thicker ,0 follow new titles 14 Mnemosyne h«Jt,me to have Acro§t; Tk drjve g (8) i jl ,o\ Remember, 11 Anorak, 12 Oman, 3
      183 words
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  • Article
    Lock icon SINGAPORE STOCKS
    10096 24 SGX MAINBOARD 52-Wk Id Last Vol Day Lact Quota GrtMv Mv GrYld Net MCap High Low Coda Company Sale C000) High Low iuyar Sa*«r Cw HI S«a> 12.5 3 5716 1st Software 5c 4.5 unch 250 4.5 4.5 4.5 5 112 34.5 13.5 3148 8TelecomUS2c 16 unch 1590
    10,096 words
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  • Article
    Lock icon FINANCE & COMMODITIES
    6238 25 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES tatKtfOBT kH ll»USi <jy %dy *y lun to Index Chmq» Oitnqg Ch«ng« Oxnq* Oxog« Oiwgt World Index Preliminary 867.3 01 17 02 0.4 -0.1 -1.9 t EAFE Preliminary 8083 06 46 04 -tj M -34 Europe Preliminary 1129.0 U 04 -0-7 00 -23
    6,238 words
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  • Page 26 Advertisements
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      1264 26 t NYK GROUP SOUTH ASIA PTE LTD BTSR LINE Fax: 6292 2856 (Regional sales) 6239 7109 (OPS)/ 6299 5785 (Documentation) r NIPPON YUSEN KAISHA M<££K/ TOKYO KWAKU KASHA. UO (C/R NO: **********0E) C*«: 137S *****00G MMUUtMI (IJJL) H« M Main Lin*: +65 6536-2750 HR-Mi 72 Arnon Road, #05-01 Fax: +65
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      Lock icon Page 26 Advertisements Column 2
      821 26 Imtwasia roup satvKi. I VBsa/yor umyt) hbghtw pkg kch io sw jkt STRAITS VENTURE 11/05 IS 3.2 73/05 24/05 01/06 04/06 06/06 STRAITS VENTUtE 12/ OS IS 3.2 08/06 11/06 STRAITS VENTURE 13/0S IS 3.2 18/06 21/06 26/06 2V06 01/07 i AUSTRALIAN RORO SIKViCI I vtssa/ypT I narpo)| wghtphl in
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      1048 27 HAMBUR(^j|6UD AIKI SUVKi (EXPOKT) IT* Jtt siwGAfont wisiam STDwn MilKxww adoaici smwoti mum stmkt wuowhk mtuni SCOTIA OIK 17/06 27/06 29/04 02/07 05/07 StOTIAQHS 15/07 25/07 27/07 30/07 01/W CAI TUN Ht QMS 24/06 04/07 06/07 M/ 07 12/07 OU YUM HE 061S 22/07 01/W M/M 06/01 W/W CAf AGUIUBIOSS
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      Lock icon Page 27 Advertisements Column 2
      1212 27 sin PKG Sing ohm ?Y/a n/t 5S Mfflß MS n/6 IGOLDEW GATE 1309N I 28/6 I 29/6 1/7 I-I- I 11 DYWAMIC 1 A -W> M IGOLDEW TRADE ISO9N I S/7 I 6/7 I 8/7 I-I WTH BRIDGE 083 A _30/6_ 2/7 Cflhs HC Mid-Stew *VSL cotng bo* North West
      1,212 words
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      Lock icon Page 27 Advertisements Column 3
      989 27 m n a WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS VESSEI I VOY I SIN P.KLANG COLOMBO N. SHEVA COLOMBO PACIFIC QUEST 0007W 13JUN 14JUN I7JUH 20 JUN 23JUN BKBM YPWS6? 20JUH 21 JUM 24 JUN 27 JUN Ml! —Ul— 27 JUN 28 JUN
      989 words
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  • THE BUSINESS TIMES SHIPPING TIMES
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      Lock icon THE BUSINESS TIMES SHIPPING GUIDE EXPORT
      7189 28 ETA ETA Advartfcar VhhI Voyaga Tataphona ETA HA AdvartiMf Vaaaal Voyaga Tilijfciai SIN Dacfn Manx Name Number Number SIN Daft'n Nam* Nam* Number Numbar To AUCKLAND (AKL) 2031 New Zealand TO ABIDJAN (ABJ) 2003 CotB D'lVOir* 2 3/06 13/07 TASMAN TASMAN TRADER *****5 *****288
      7,189 words
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      557 28 Uj|Af WALLENIUS WILHELMSEN website: http://www.2wglobal.com VISSii IVOY 1 RAMP IK MAO HOW MIA SAY »Al O>F NYC KW MOO TAMERLANE AFSIS 3201 m 6.4 M lIN POUT 03/07 12/07 14/07 11/07 17/07 TAIKO AFSI6 I 420TMS 6.4 M I 11/04 11/07 20/07 24/07 29/07 27/07 30/07 TARONGA AFSIB |320Tms Usm
      557 words
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      Lock icon Page 28 Advertisements Column 2
      372 28 vissa voy sm reu vtssn vor sm jut PACWtPA 1492N 15/06 16/06 PACHHTAH MOJ 16/06 U/06 0I3« 14/06 H/06— ffiMU gg ii/W 20/06 PACIAMDA 1493W 17/06 17/06 PAC MNTAM _J_9304 2»/06 25/06 PACIAMOA m» IXZfift 19/06 1 JHJSfiJ 8132 11/84 20/06_ mum wsa is/at wn ffi Ss Bfc PACIAHOA 1496N
      372 words
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      Lock icon Page 28 Advertisements Column 3
      427 28 BSA jl MYANMA ■H FIVE STAR LINE (Myaimar National Line) Loading for Yangon VESSEL VOY SIN PKI PEN PGU PAGAN 346W SID HPA-AN 337W SID IN MALAYSIA: IOUSTEAD SHIPPING AGENCIES KUL/PKL 03-*****3 M PEN: 04-*****15 ACCEPTING CONVENTIONAL CSO VESSEL VOY HKG SIN PGU PKI KUC DON HEAT 133 SID SID
      427 words
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  • PROPERTY
    • Article, Illustration
      Lock icon Minton Rise owners eyeing en-bloc sale
      312 30  -  They can get up to $616,000 each, depending on DP, lease top-up By ARTHUR SIM ANOTHER privatised HUDC development, Minton Rise, has clambered aboard the en-bloc bandwagon, with homeowners hoping it will be the first of its kind to go the way of the
      FILE PHOTO  -  312 words
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      Lock icon Mak appointed director at Knight Frank
      217 30 NICHOLAS Mak has been appointed director, consultancy research, at the Singapore office of international real estate consultancy firm Knight Frank. Mr Mak will lead Knight Frank's team of researchers and consultants who cover all real estate sectors, including residential and corporate sales. He will
      217 words
    • Article
      Lock icon S Korea eyes steps to cool home prices
      283 30 Reuters [SEOUL] South Korean Prime Minister Lee Hae Chan was to meet key government ministers yesterday to look at methods to control rising house prices, state-run media reported. The government is worried that rising real estate prices in Seoul and global oil
      Reuters  -  283 words
    • Article, Illustration
      Lock icon Retirees in the US today are going for two homes
      985 30 NYT THE most serendipitous move David and Penny Handorf ever made, as far as they are concerned, was buying a house 25 years ago in San Jose, California. Last year they sold the four-bedroom house, which they bought in 1980
      NYT; BLOOMBERG  -  985 words
  • Page 30 Advertisements
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      182 30 \Wr I FREEHOLD Vj£ja„ Redevelopment Site Opposite Novena MRT />®sj^^ N eou>Hiu\ V"-^— Site Area 1,439.1 sq m approx Approved Use OPP obtained for w 12-storey building at SOUARB Plot Ratio 3.0 For Sale By Tender \l mmMMFKIUIVM EwarlPark Land 37,086 sq ft, A 7 a PR 2.1, 24 storeys
      182 words
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      Lock icon Page 30 Advertisements Column 2
      219 30 www.zerinproperties.com As tourists re-discover Malaysia's charms, the time is now to invest in the hospitality sector especially in these two top-notch hotels: I 502 room (5-star) Sheraton Subang, Kuala Lumpur Indicative sale price: RMI7O million (neg.) I 279 room Sheraton Penang, hotel with commercial centre, Penang Island. Great turnaround potential!
      219 words