The Business Times, 26 September 2005
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2005-09-26
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The Business Times
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Title Section15 2005-09-26 1 THE BUSINESS TIMES SINGAPDRE-Kreeflfr Monday September 26,2005 online at http://business-times.asia 1 .com.sg MICA (P) 089X13/200515 words
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989 2005-09-26 1 AMIT ROY CHOUDHURY - Also under study is an opt-out annuities scheme for retiring CPF members' Minimum Sum savings By AMIT ROY CHOUDHURY [SINGAPORE] Noting that the Central ProvidentBoard needs to find a simple way to allow members to pool their savings and invest them989 words
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Article132 2005-09-26 1 MARKETS STI -2293.04. -13.34 KLSECOMP 921.89 -0.10 NIKKEI 225 *****.36 ....+200.68 HANG SENG *****.97 ..'..+160.77 SET INDEX 725.31 ......+17.05 JAKARTA COMP „1012J5. -43.88 MANILA COMP ....1959.51 ......+49.71 TAIPEI TAIEX 5925.54 -105.70 SEOUL COMP 1175.88 +1.75 SHENZHEN B .224.18 -7.97 AUSTALLORD 4514.00 +14.60 DOW JONES *****.59 -222.35 NASDAQ .2116.84132 words
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Article, Illustration610 2005-09-26 1 NEIL BEHRMANN - SIA might be invited to take part in his oil venture if it takes off By NEIL BEHRMANN in London UNHAPPY with soaring oil prices, Richard Branson, the flamboyant British chief of Virgin Atlantic airline, is doing something about it. Virgin Atlantic610 words
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Page 1 Advertisements
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Advertisement81 2005-09-26 1 ■i G-7 MEETING US lost control of budget MHHF deficit: Greenspan 81 i! 11 Bypgjf **f' •!<s> f' j 1 -A |:CELEBI4Af ING RAMADAN EXPERIENCE FAVOUBfrESFftdi I: MALAY AND INDIAN SHOW KITCHENS DURING THE MUSLIM FASTING MOIfFH, RAMAjI^N. A UNIQUELY SINGAPOREAN SHOWCASE COMPLEMENTED fiY^|l||H^^[c.EGYPTIAN, FARE PREPARED BY GUEST CHEFS FROM81 words
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Advertisement6 2005-09-26 1 MMBK|dining OU|| Eclectic but ethnic pg9#«6 words
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Advertisement10 2005-09-26 1 BizlT M| Intel seeks more r tech tie-ups in S'pore10 words
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TOP STORIES
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534 2005-09-26 2 JEAN CHUA - GLOBAL ENTREPOLIS SINGAPORE Companies are exploring deals in real estate, IT, building, publishing By JEAN CHUA [SINGAPORE] Singapore businessmen are starting to take a good hard look at the Middle East, despite the challenges of cracking the new market. "Many companies are534 words
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Article409 2005-09-26 2 S'pore is tops in 'genuine' savings, says World Bank SINGAPOREANS are saving to good effect They are contributing towards the country's prosperity. World Bank estimates show Singapore boasts the world's highest "genuine" savings rate —at 35.2 per cent. TOP STONES, PG 3 Shareholders okay Hotel Malaysia liquidation IT'S409 words
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Article, Illustration385 2005-09-26 2 Reuters {WASHINGTON] US Federal Reserve chairman Alan Greenspan told France's Finance Minister Thierry Breton the United States has "lost control" of its budget deficit, the French minister said on Saturday. "'We have lost control', that was his expression," Mr Breton toldReuters - 385 words
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831 2005-09-26 3 ANNA TEO - S'pore's 69% well below OECD levels of around 85% By ANNA TEO [SINGAPORE] It's a trend that holds even for re-source-rich Norway with its North Sea oil and gas: the wealth of most countries, especially rich ones, is mostly in the form of831 words
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525 2005-09-26 3 ANNA TEO - Broader measure strives to be better gauge of sustainable development By ANNA TEO [SINGAPORE] At close to 48 per cent. Singapore has long been known to have one of the world's highest gross national savings rates almost a dollar saved for525 words
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Advertisement53 2005-09-26 2 IHHP9PE;-' H&f* i#2 1 4 *-VlJ}r 0 I OYBT E A R I i ~TI Level 3 I I p I |fl^ jpP :f H i «h»^ Ik, Citibank cardmembere enjoy 15% discount off total bill 581 Orchard Road Singapore *****3 Tel 6730 3393 Fax 6235 4140 Hilton Website www.singapore.hilton.com53 words
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Advertisement235 2005-09-26 2 HAPMI Management 1 Wkocutlve Network. Ji k i wM BBriyy j MM HA M m I Worto C/ass Accreditation and Reputation MScMgmt je ><*1. intake i 4cc«..rt. Master Degree specialising In Soonjy —•■tatiiniiHi a Flnsnci S" National University v of Ireland, Dublin One of the first elite schools in the235 words
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Advertisement762 2005-09-26 3 V I pi? 'V Mfc* JMUI I I M R> -if*-/ jP V| vM# flf- i» \^yv I Hut -vjbr 0& I "'l*t|' rfw Mf% *> »>*4'' «5 <P -'*!;»'.ft*. lt WjF /S Qj Is being born into wealth a burden? >4: /t doesn't have to be. But it does762 words
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COMPANY NEWS
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Article, Illustration681 2005-09-26 4 LESLIE YEE - It will take another three months for the company to be officially dissolved By LESLIE YEE IT took just 10 minutes and three shareholders a Mr Loh, a Mr Leong and a Mr Wong to say farewell to Hotel Malaysia. The company, which was delistedFILE PHOTO - 681 words
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Article683 2005-09-26 4 CHEN HUIFEN - HOCK LOCK SIEW By CHEN HUIFEN THE Biosensors International Group is like a boy next door, about to emerge as a rising star and with a good chance at global fame. When the medical device maker made its debut on the Singapore Exchange in May this683 words
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Advertisement23 2005-09-26 4 iJ f"ilffiNr *'iW J ';"'|j > il m v^P^^PP&lsßi:. Jrldßfly iiSHBH -mgjg/mgKSBM H r'^C'Gt&ri TS .^^P'W^f.n II *w-t-^JUj fS3SB Bert feH Hong Kong < ■I23 words
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Advertisement194 2005-09-26 4 Emit Asia The Eadnrive Subscription Agent for Harvard Busmen Review Every magazine has an ideal Reader... Harvard I Spedad Promotion K r Ssl9B < m W? 12 issues (1 year) 1- ■r% JLI Y7 rMrVafU ptawCM fICVCw ■npWHWtWiWWWWIw H* a Juiy/Auga* mute that oounte m Iwo oaucs. 55. Usual sabscripCion194 words
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Advertisement25 2005-09-26 4 0 I Art lessons, anyone? Paint your own story by drawing out an art lesson or two from Class 21 today! I ■uvILMLFMIL I o25 words
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Advertisement435 2005-09-26 5 Carrefour 414 ft ,-fcLa. 1 it f II i ?i "ii 'life ii* ii 11 'yi If M I IJJ feM\l [IX BT IK I 1 H m l' 3'S BhBMBP■/^^^^^^MilMmiiki^mmuumMl^^^^^^B 2r M'm /*M'irmM%&r *t'i -^^^^^^n|RT|ranTlTKilUlitfßl|K^^^^^^| ML RED WINE RED WINE RED WINE RED WINE CHATEAU DE WHITE WINE MM435 words
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SINGAPORE MARKETS
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Article, Illustration642 2005-09-26 6 R SIVANITHY - STOCKS R SIVANITHY Senior Correspondent Movements in the stock market are sometimes said to be as unpredictable as the weather. Nowhere before has this been more true than in the past month, when first Hurricane Katrina and then Rita stoked fears in markets642 words
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351 2005-09-26 6 CURRENCIES AFP [HONG KONG] Asian currencies traded lower against the US dollar last week in response to the hike in US interest rates and the slide is expected to continue if damage from Hurricane Rita is less than feared. Japanese Yen: The yenAFP - 351 words
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Article507 2005-09-26 6 PimmI b Mi PajMtt b tab Nj irM in dmm b» tefcl 469 dfi* iS*. nibmbic i oa onm m*m in* gnugt ussjw u-oa AcfcanctSCTSc L'" 00 1400 OwnjiGui" b 6<» »*P CT-OW f U» OMm 1Mb 11-»b> OwigGi— S *00 »-S«p »Sac OT-Oa ii ■iniwn 2>i.» 309m507 words
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Article372 2005-09-26 6 COMMODITIES: WEEKLY ROUNDUP AFP [LONDON] Oil prices climbed last week as Hurricane Rita barreled through the warm waters of the US Gulf of Mexico, threatening potentially serious damage to platforms and refineries in its path. With Rita churning towards the Texas and Louisiana coastline,AFP - 372 words
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Article, Illustration1652 2005-09-26 6 Source: Reuters Cm— No*f Forecast Mean Frfs Cinw Nfcef Forecast Mm FiTs recommendation estf- EK PE target price recommendation aril- R Ft. Ml price Company name TWfwk Lastmtli mates (cents) (ratio) price Company name lMs«* Lastmth mate* (cants) Me) price AHgreen Properties 230 236 10 5.98 21.40 139Source: Reuters - 1,652 words
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Article, Illustration776 2005-09-26 7 TEN HOON LING - TEN HOON LING Senior Correspondent J MSia J&2S when everybody pronounced them d^r^keda^ Oi TE»£SQT ffl 2L j <■ Ifc« til 6 jpO®"Jfi}®Q® tRHMP fIDHMHipp fctw* mte is bothering everybody is the wild swings in oil price,* AFX quoted Westcomb Financial research head Chew776 words
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1215 2005-09-26 7 ROBERT HALILI - INSIDE MARKETS By ROBERT HALILI BUYING by directors and substantial -shareholders remained flat for the third straight week but sales surged based on filings on the Exchange from Sept 19 to 23. A total of 26 firms recorded 49 acquisitions worth $231,215 words
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Advertisement71 2005-09-26 6 WEEK AHEAD Int-Roller: Bonus Issue exdate. Sept 28 Medi-Flex: Bonus Issue exdate, .Sept 29 Poh Tiong Choon's dividend payment. Sept 27 Asiatic Grp dividend, Sept 29 Adampak's dividend, Sept 30 Ban Leong dividend. Sept 30 Jardine C&C dividend. Sept 30 < 'CT.ii t Stamford Tyres dividend payment Sept30 TPV Tech's71 words
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Page 7 Advertisements
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Advertisement236 2005-09-26 7 FU& SURCHARGE ON EMPTY CONBMNERTRUCIONG TO DEPOT CUSTOMERS I Please be informed #>at the continued escalation of diesel price hat seriously Impacted our operating cost. 8 k^b H To defray part of our cost increase, we, the undermentioned Depot Operators ha*B no afar alternative btf H to impose a Fuel236 words
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SINGAPORE NEWS
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476 2005-09-26 8 NANDE KHIN - GLOBAL ENTREPOLIS SINGAPORE More participation also expected from fiddle East and South Korea Reports by NANDE KHIN JiNJOYED last year's Global €ntrepolis Singapore JGES), but found tired feet tfrom all that running -around a real dampener? •J Well, at this year's GES,476 words
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406 2005-09-26 8 CLARITY, confidence, ability and a sense of reality. These are the attributes which an entrepreneur should have when making his "elevator pitch" during the HOTPitch session at this year's Global Entrepolis Singapore (GES) in order to pass the "smell test" of a406 words
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Article221 2005-09-26 8 DATE/ TIME EVENT VENUE 25-28 Sept 8th Singapore International Swissotel The 8am Reinsurance Conference Stamford, Raffles City Convention Centre 27 Sept Asia Research Institute The Asian Civilisations 6.30pm Public Lecture-India in the Museum, 'Liberal Age' 1840 -1914 Empress Place, Ngee Ann Auditorium, Basement 1 26-27 Sept 12th Asia221 words
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Article, Illustration288 2005-09-26 8 THE Urban Redevelopment Authority (URA) has given out six Architectural Heritage Awards this year, with the winning buildings including a former royal palace, a boutique hotel and a former colonial army barracks. Now in its 11th year, the awards recognise monuments and conservation buildings in288 words
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242 2005-09-26 8 FROM next year, MediShield's maximum coverage age will be 85 years, up from 80 now, announced the Ministry of Health yesterday. At the same time, the Medisave withdrawal limit for paying premiums for Medisave-approved medical insurance will go up to242 words
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Page 8 Advertisements
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Advertisement206 2005-09-26 8 UNIVERSITY OF BALLARAT Victoria, Australia i Arm yourself for business in China. The similarities between business and war are nowhere more.apparent than in China, and a depth of expertise and knowledge is required to J open up more opportunities within such a competitive market. The ||jk University of Ballarat is206 words
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Advertisement140 2005-09-26 8 'V v.r* ,i -V 'I !>*■: s -0 rDATU J- «M. mm I To Excel in P mjf jmmpm v v i f4* vjjfe it A/& I CERTIFICATE IN APPLIED BUSINESS PSYCHOLOGY COURSE FEE Principles of Psychology I 552,500 Introduction to Occupational Psychology Employee Development Skills SPECIALIST DIPLOMA IN APPLIED140 words
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DINING OUT
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Article, Illustration1401 2005-09-26 9 CHEAH UI-HOON - CHEAH UI-HOON check outs Russian, Turkish and Middle Eastern cuisine around Arab Street CHEAH UI-HOON THE Arab Street area is the place to go to if you're looking for an eclectic mix of ethnic food at any time of the day. With a lot of the al-fresco1,401 words
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Page 9 Advertisements
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Advertisement717 2005-09-26 9 CURMfMMMb $10 return visit voucher with a min. spend of $60. IBHRBI WW IWW|W>ire Reoelve a Pan Pacific Privilagee RBBWURANT SUNTORtt 15% off total food bill only. Tel: 6431 Tel: *****087 for Diner* Card •PPPD". with a credit of 20 Dining Dollars (for next 1064. Birthday treat 20% off total717 words
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Advertisement16 2005-09-26 9 DINING OUT A sponsored series on fine dining experiences brought to you by UOB Credit Card16 words
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VIEWS FROM THE TOP
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Article, Illustration3037 2005-09-26 10 A great place and we can make it greater THIS WEEK'S TOPIC As a CEO operating here, are you fully satisfied with the business environment, or do you feel that more can and should be done? If so, what?. IN Singapore there is a positive environment for business that encourages3,037 words
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Page 10 Advertisements
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Advertisement70 2005-09-26 10 BT CEOs e-Club Members of the BT CEOs e-Club are Singapore's top corporate leaders whom BT editors would like to interact with in an atmosphere of informality and trust This 'dub* is a virtual one. with interaction mainly via e-mail. Each week, we will invite comments from these top executives70 words
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Page 11 Advertisements
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Advertisement225 2005-09-26 11 j be home for family dinner by 6.3opni- g| ra®P6*H. v v «&£*ißi* gj. ,T^»rBSß®l» 3p"S 11,1 >. ig/; t y From Bangkok to Bombay to Bedok These days, you probably spend more time and money scrambling from one meeting to another than actually attending them. And it doesn't stop225 words
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BT-CITIBANK YOUNG INVESTORS' FORUM
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Article, Illustration658 2005-09-26 12 DANIEL BUENAS - DANIEL BUENAS explains the two basic concepts that are central to all investment decisions DANIEL BUENAS LAST week we talked about investment time horizons. This week, we'll look into the basic concept of risks and return, which are primary considerations if you want to invest658 words
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Article, Illustration837 2005-09-26 12 LIAO SHUYI - CAMPUS LIFE LIAO SHUYI chats with the winning team of 2005 NBS's Business Case Competition LIAO SHUYI G uess what, there are business morals to be drawn from Charlie and the Chocolate Factory. Like Willy Wonka who triumphed over crafty competitors to establish himself as theCHRIS LOH - 837 words
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Advertisement147 2005-09-26 12 ESSAY COMPETITION In memory of Its former Associate Editor and connoisseur of good writing, Bay Heath, who died last October, The Business Times is sponsoring an annual essay competition for studenta The topic for this year's essay is: "Vfcit win be the economic lapaet of integrated reiorts, including casinos, in147 words
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Advertisement46 2005-09-26 12 cifibank The Business Times-Citibank Young Investors' Forum is published every Monday in The Business Times. It aims to raise the financial awareness of university and polytechnic students and cultivate a better understanding of business issues. The series is part of BT and Citibank's tertiary outreach programme.46 words
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ECONOMY WATCH
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637 2005-09-26 13 ANTHONY ROWLEY - WORLD BANK-IMF MEETINGS G7 ministers said to have focused on super-thin spreads in bonds at meet By ANTHONY ROWLEY in Washington G7 finance ministers meeting in Washington began focusing on what are perceived to be unnaturally thin spreads in international bond markets a sign637 words
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FROM THE MEETINGS
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132 2005-09-26 13 Reuters [WASHINGTON] Fast-growing Asian nations on Saturday demanded more power in global financial institutions, but whether their calls would be the catalyst for real change was unclear despite backing from major powers. A senior official with the Group of 24 developing countries saidReuters - 132 words
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129 2005-09-26 13 Reuters AFP [WASHINGTON] Wealthy nations agreed to pressure oil companies and exporting countries to invest in new capacity in an attempt to stabilise energy prices, French Finance Minister Thierry Breton said. Between now and mid-October, he said, he and British finance minister GordonReuters; AFP - 129 words
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147 2005-09-26 13 NYT [WASHINGTON] Finance ministers from around thfe world reached agreement on Saturday on a plan to wipe out as much as US$55 billion in debt owed by impoverished countries. The deal still needs to win support from the major shareholders of the WorldNYT - 147 words
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Article115 2005-09-26 13 Bloomberg [WASHINGTON] Finance ministers from the G-7 ended talks in Washington without adding Russia to their ranks, and announced an unprecedented December meeting. Russia's finance ministry had hoped the gathering would conclude with an invitation to join the group. Russia is to chair the G-8 —whichBloomberg - 115 words
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180 2005-09-26 13 AP AFP [WASHINGTON] The Bush administration on Saturday applied more pressure on China to move faster to a flexible currency system, but Chinese officials bluntly said that they believed a process of "gradualism" was best. In separate meetings here with China's FinanceAP; AFP - 180 words
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Page 13 Advertisements
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Advertisement121 2005-09-26 13 1 1 111 "'i' i IP^ UK'' J iVI 2^ll v I P®j*|PßScr?Ji»i, 'VK, Available in 2.0 L, 2.3 L I 3.5 L models. Specifications subject to change. Specifications vary from model to model. For more information, SMS "CERRO" to 9090 2612. *Only br 2.SL t 3.SL medth. "Ontf tor121 words
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MALAYSIA
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524 2005-09-26 14 S JAYASANKARAN - Ernst plan involves listing dockyard unit to raise funds By S JAYASANKARAN in Kuala Lumpur BOUSTEAD Holdings, which owns 32.7 per cent of troubled shipbuilder PSC Industries (PSCI), may consider a makeover of the group that involves the list- ing of PSCI's Naval524 words
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Article, Illustration554 2005-09-26 14 S JAYASANKARAN - Ambitious tycoon reduced to non-executive chairman of company he founded By S JAYASANKARAN mtimSmqut IPORMER finance minister Daim Zainuddin once introduced Amin Shah Omar Shah to p. group of foreign businessmen as "Malaysia's Onassis". The reference to the late Greek tycoon wasn't asFILE PHOTO - 554 words
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Advertisement1544 2005-09-26 14 CHUAN HUP HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Co. Reg. No. *****0572R) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the THIRTY-FIFTH ANNUAL GENERAL MEETING of the Company will ba hald at Tha Board Room, 390 Jalan Ahmad Ibrahim, Singapore *****5 on 13 October 2005 at1,544 words
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Advertisement1165 2005-09-26 14 V o/ icc v PROVEST TRANSWORLD LIMITED known tiltaMMild Mhlm LMM) 00. Rat Ma *****0480E (tnooiporaM In tm RapuMc of Singapore) NOTICE 0 HEREBY OVEN that tha Annual Ganaral Maaßng of tfta Company w9 be held at 300 Jrian Ahmad Ibrahim, Singapore *****6 on Thumday,l3ft October 2006 at 9.00 am1,165 words
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GREATER CHINA
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NOTE BOOK
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Article69 2005-09-26 15 AFP [KUALA LUMPUR] Completion of Malaysia's controversial Bakun dam could be delayed by 18 months, while the government is to loan millions of dollars to the main contractor to offset cash-flow problems, a report said yesterday. The government has approved the loan of RM2OO million (5589.4AFP - 69 words
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Article149 2005-09-26 15 AP [KUALA LUMPUR] Borge Bek-Nielsen, a Danish businessman who came to Malaysia during the height of a communist insurgency and created a successful oil palm industry in the country's tropical jungles, has died. He was 79. Mr Bek-Nielsen, the former chairman of United Plantations BhdAP - 149 words
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Article101 2005-09-26 15 AFP [NEW DELHI] Indian petrochemicals giant Reliance Industries Ltd will invest US$5.5 billion to US$6.O billion to nearly double the capacity of the country's largest refiner by 2009, a report said on Friday. The company plans to boost capacity at its Jamnagar oil refinery to 60AFP - 101 words
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Article94 2005-09-26 15 Reuters 9 9 [TAIPEI] Taiwan's top financial regulator has proposed that Taiwan banks should be allowed to invest in their Chinese counterparts as a way to gain access to a market denied them by political differences, newspapers reported yesterday. The Economic Daily News quoted KongReuters - 94 words
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490 2005-09-26 15 HK's biggest ever IPO priced low amid wave of interest in new offerings [HONG KONG] The mega listing by China Construction Bank (CCB) is expected to unleash a wave of buying among retail investors able to grab a piece of490 words
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398 2005-09-26 15 Reuters [NEW DELHI] Asian giants India and China enter the toughest leg of their attempts to settle a decadesold border row as envoys of the two countries hold talks this week to draw up a plan to mark their largeReuters - 398 words
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Advertisement13 2005-09-26 15 Lfanhe Zaobao Eateries I which serve up I gg I I £«t*Blff I13 words
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Advertisement322 2005-09-26 15 Lj I < 4 Iff? 01^Hk FREE TIME. TO MAKE UP FOR WORK TIME. MaManaM>a<iawaMM«MaMMMa>>aMMiMaM>>MM>>>aaM To qualify, you must provide your Gold Passport account number at reservation/check-in, be a registered guest, pay an Eligible Rate and make full payment on a valid Master Card* card for each separate stay. An322 words
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INDIA
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Article, Illustration655 2005-09-26 16 Call centre workers see themselves as professional elite, not factory workers AP [BANGALORE] From Europe and North America. India's offshore workers call centre operators, data entry clerics and telemarketers may seem like the sweatshop labourers of the informati|g£Age, toiling long hourfljEmeagre pay. But anflpnationalAP - 655 words
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Article, Illustration646 2005-09-26 16 AFP [MUMBAI] Small investors are still dreaming big on Dalai Street Mumbai's equivalent of Wall Street despite a tumble by India's stock market, which had been on a record-breaking spree. "There's nothing to worry about in the market," says small-time investor HirenAFP; Source: Bloomberg - 646 words
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Page 16 Advertisements
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Advertisement2261 2005-09-26 16 JOINT ANNOUNCEMENT PMRI INVESTMENTS (SINGAPORE) PTE LTD NETWORK FOODS INTERNATIONAL LTD (Incorporated in the Republic of Singapore) (Incorporated in the Republic of Singapore) (Registration No. *****4615E) (Registration No. *****0195W) PROPOSED SCHEME OF ARRANGEMENT TO PRIVATISE NETWORK FOODS INTERNATIONAL LTD ■itrooucoon The respective boards of directors of PMRI Investments (Singapore)'Pte Ltd2,261 words
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ASIA-PACIFIC/WORLD
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348 2005-09-26 17 Move expected to strengthen ties and prevent hostile takeover AP [BEßLlN] Luxury sports car maker Porsche AG said yesterday it plans to acquire a stake of about 20 per cent in Volkswagen AG, a move aimed at strengthening ties between the carmakersAP - 348 words
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Article, Illustration404 2005-09-26 17 [TOKYO] Howard Stringer, Sony's chief executive, has said that low workplace morale and Japanese cultural sensitivities about big redundancies had forced him to tone down his longawaited restructuring plan, the Financial Times reported. "You're all worried I didn't go far enough," Mr Howard said404 words
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198 2005-09-26 17 AFP [SYDNEY] Australian media mogul Kerry Stokes will take the stand in court today to press his claim for Asl billion (SSI .3 billion) in damages from the country's biggest media and telecoms groups. Mr Stokes claims rival moguls plotted toAFP - 198 words
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335 2005-09-26 17 Bloomberg [LONDON] The University of Cambridge plans to raise £1 billion (Ss3 billion) to secure the "excellence" of the UK school and help it compete with overseas counterparts. The second-oldest university in the English-speaking world aims to raise the money from alumni and other potentialBloomberg - 335 words
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Advertisement42 2005-09-26 17 >mmhmhhhbh|HB|B HBM V BBB^BBBBlllflBftBBflBflBBBBBBi^Mn' 'j||a^>gjy^^y^jmjkg^Bjj^B|Mj^pj^r^^^fcrr IJKPla .HHBPR im^^^^e^hhb^H^He HBH I B SSpfl Bj^BVEV **;H .v u? *'->>i' >;< "-^BhNSIF ir a,#.: a^6ilfoii! v^sir Ms/& i3 Iwinin t> J^F® H| wSw(i»t»■ .mmm.. m mm. mm m ammm U'm^'tim iht.com Tilt Woiliii Iffllly Niwipipli wKKM42 words
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WORLD
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711 2005-09-26 18 ANDREW MARKS - WALL STREET INSIGHT But profit warnings before earnings season may dampen bullish mood By ANDREW MARKS >in New York WITH the Gulf Coast expected to weather Hurricane Rita without as much dislocation of energy resources as many investors had feared last week,711 words
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540 2005-09-26 18 AFP Reuters [BERLIN] Some 17 hurricanes this year, even before Rita slammed the southern United States early on Saturday. could cost the insurance sector as much as US$6O billion, the world's biggest reinsurer Munich Re told a German newspaper. "The damagesAFP; Reuters - 540 words
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Article2633 2005-09-26 18 Source: Reuters Transaction date: Sep 23 For a full listing of tho dosing prices, log on to VT Online at http://businass-times.asia 1 .com.sg after 11.30pm every trading day HONG KONG vol 0x9 uneh 20 mm w- -Ml Eganj jewettery 1.13 uneh JS3 mt a a* i, 4<n AeonSource: Reuters - 2,633 words
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Page 18 Advertisements
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Advertisement16 2005-09-26 18 Diners Club Card iw»AJ6atBwo n~ A. World of Exclusive Privileges Treats Club WHtKB ww*jhu»».com*g I it16 words
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Advertisement30 2005-09-26 18 r?T: Arguably the |j| n jU I selection of TOP Australian wines in Singapore «<**%* •02-02 TangNn Shopping Cwrtra jV^^V A fVfXi vo V/imiWu renKiv nom W: 0737 1312/0075 2000/0700 217030 words
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Advertisement35 2005-09-26 18 MERITUS MANDARIN SINGAPORE CANTONESE CLASSICS Reservations: HH 6831 6262/66 WBm MERITUS "Mandarin «!*«•»•> A division of Overseas Union enterprise Limited (Company Registration N0.*****0050£) 333 Orchard Road, Singapore *****7. Tel: +65 6737 4411. Fax: *65 6732 2361.35 words
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AVIATION
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Article, Illustration691 2005-09-26 19 They must revamp management style, prune workforces in order to outwit rivals: analysts AFP [NEW DELHI] Air India and its domestic counterpart, Indian Airlines, are buying more than 100 planes to revamp ageing fleets but still face a bruising battle to winAFP - 691 words
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82 2005-09-26 19 Reuters [N4UM8AJ] saw-to curltti Atr India fndtan AMtne* wtD ujv the nwkat with tnltjil|*fc&q ctfMr-) tags e&riy nut yc«r to foap c* pamdoapteM, CMlAvklfcfc Dftfifeter Praful Paid Mid on Scfcmfey. The feten co&\ sidftrifig allowing tho tt&to-r u& e*r~ rtarttognto tho mart®*Reuters - 82 words
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Article1537 2005-09-26 19 80 W !rt» liS5 11 -mm J: lair 1450 SQ:24 2345 Pawio MI566 IW.66 0905 iii i8«i duh m Ifi! 2 Hi s lahratnGF148 0920GF149 0525 SG84 1625 SQ436 2030 OAglgj 0920 0525 Doh. <*626 1230 Og6|9 6745 IScriBogawan BI421 1245 BI3182 0905 sSJls 1230 jSlO1,537 words
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233 2005-09-26 19 Bloomberg [WASHINGTON] The US Air Transportation Stabilisation Board is seeking the sale of government-backed loans made to US Airways Group Inc and America West Holdings Corp, which are planning to merge. The federal board is assessing the sale of the loans,Bloomberg - 233 words
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Page 19 Advertisements
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Advertisement346 2005-09-26 19 ROBERT RMILES^IHLi LIVE ON THE GENIUS OF WARREN BUFFETT THE SdENQ OF INVESTING AND THE ART OF MANAGMG^^^F'fi^^^^H Robert P Miles is a world renowned author, speaker and Warren Buffett expert Pursued by journalists and media moguls on just about each and every move that Buffett makei Robert has authored346 words
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Page 19 Miscellaneous
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Miscellaneous194 2005-09-26 19 CRYPTIC CROSSWORD merit for Lot^wife to get in the way in fmaths <|2> YESItStDAY'SSOLUTION the game (8) 15 Te« say, first stolen from golf Acrow: 1 first person, 7 Terrace, 8 2 French writer-created art I love <c 2r (5 Franck, 10 Kasha, 11 Caballero, 12 (8) 16 Three points194 words
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SHIPPING
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335 2005-09-26 20 System to offer information of critical use to port inspectors AP [BOSTON] Government cargo inspectors would be able to get real-time data about the contents and whereabouts of shipping vessels around the world under a new tracking service being introduced by InternationalAP - 335 words
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176 2005-09-26 20 Bloomberg [NEW DELHI] Shipping Corp of India, Great Eastern Shipping Co and other Indian companies need to replace a third of their ships within five years, making it difficult for the country to expand its fleet, shipowners said. ReplacingBloomberg - 176 words
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257 2005-09-26 20 DONALD URQUHART - $20m facility ups turnaround time, cuts exposure By DONALD URQUHART [SINGAPORE] Oiltanking Singapore has announced the commencement of operations at its new $20 million deepwater petroleum products berth on Jurong Island. The new berth will allow Oiltanking to turnaround vessels 25 per cent257 words
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Article, Illustration156 2005-09-26 20 [SINGAPORE] About 120 players from the Asian shipping fraternity descended on Sentosa's Serapong Course recently to participate in the 16th Annual BTL Golf Masters, the longest running tournament in the local industry. The tilt was played based on a Florida Scramble shotgun format.ARTHUR LEE - 156 words
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Page 20 Advertisements
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Advertisement1257 2005-09-26 20 \r A o l ices ASL MARINE HOLDINGS LTD. (Incorporated In The Republic Of Singapore) Company Hs|Miaduii No. *****8342N NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the annual general meeting of the Company will be hekLat Jurong Country Club, 9 Science Centra Road, Singapore ****** on Thursday,1,257 words
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Advertisement298 2005-09-26 20 I v H*. ;"/>> YJ. r v*' >**'• I'll H ■C^H Buslnstw *»'f ;-V' Ranking for 35 Incfian states and union territories' lie of the world's fastest Ws believe this conference wHi Annual Competitiveness Ranking Inn Iml II In iiliiii prove invaluable for investors, of 36 Indian States and Union298 words
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Article10579 2005-09-26 21 STRAITS TIMES INDEX STOCKS Stack mm Wt Oaaa Qmigi Allgreen 50c 031 1.280 Anendasi-wt 1.05 2.170 +0.040 SILIntl US20c 0.49 1.210 CapitaLand 3.06 3.100 *0-0*0 CapitaMall 0.76 2.380 +0.030 Chart S«miCond 26c 0.77 1.170 -0.040 Gty0e»50c 9.050 -0.050 ComfortOelGro 25c 1.65 1.510 Cosco Corp 20c 0.74 2.570 +0.01010,579 words
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Article5968 2005-09-26 22 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES tatocalOT laSS *USS dy yr dy yr dy %yr S«p23 Iwtox Chug* Ch»ng« Chung* Qtmnga Chang* Chug* The World Index Preimin»Y 9143 ai 73 OO 63 -03 25 EAFE Prefminary 888.6 0.4 15.0 -ai 7.9 -03 4.5 Europe Prefcnirary ***** 0-5 145 0.05,968 words
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Page 23 Advertisements
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Advertisement734 2005-09-26 23 x v XSv MYK GROUP 80UTH ASIA PTE LTD HNTKn. 6STSK LINE SsB22Ba (Regiond sate)/6239 7109 (OPSy 6299 5785 PocunertaM NIPPON YUSEN KAJSHA TOW© VMKU KMHA. Oft (C/R NO: **********0Q i v *"*i i <**» vnw» W *P ¥w»i BZM ZZJm HUB ÜBfIHI-liflfl 55 I Wgl 'WO ggW »M «0a734 words
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Advertisement536 2005-09-26 23 ww m m sw jw STUITCVWIUtt 20/05 IS U 30/09 02/10 06/10 09/10 li/10 snt*nswm«ii/os is u 13/10 14/10 20/10 n/io 25/10 IsronswnwEH/W I is u 27/10 avio oa/11 04/11 m/ 11 3* 1 I m sit m mm n1 1 1 to~| UUSSa/42 71 i.O 25-25/09 27 27/0* 09-09/10536 words
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Advertisement878 2005-09-26 24 www.hombufipud.CQni I ASttsanasuMCi(Krotn u*vrnazmt<pr<xri y SLwti WW mmyynos bum wmnmua w/» m mwm imffliom OT tiffin wpi warn Hma*v+nW* M/M W/10 11/11 M/ll 22/10 23/11 Ct*lti»sl«lMlMlS/MSll«/M C#Nm«iSO4W 05/10 l«/ll 21/10 77/10 W/10 WH taN *****11 M/ 10 31/11 0/11 M/ll */ll mriF—hUMi mo n/io H/ii n/ii tvii m/ii u>hm!shw iyn878 words
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Advertisement854 2005-09-26 24 waa wTaTT hb THctmhs rasa m aT jp sw hig ua pus wrmwosm iissl»/*|i/io </ii yii iywwwMo iwcmaw sus no 5/10 4/10 11/10 is/10 n/10 iir hobbs tog 14/111 i/io yii is/it i7/iom/iom/io ureswatfOK sic f/10 12/10 wo i«/io 22/10 23/10 \rwmt I i>is|iyi<|iyii|M/i*|g/i»|ivi>la>/i»|i</i«lniffCJMAKtt sus 14/101 i»/io 120/*****/101 «/io 130/101854 words
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Advertisement613 2005-09-26 24 m asasa* WEEKLY EXPRESS SAIUNG SCHEDULE AlBO ACCEPTING TO ALL NORTHERN AMD WESTERN ICQ POINTS m« I VOY ISM MUWICDIOMO N. SHIVA CMOWO HBUmi IMD6F DM St HOT 17» I I ***** 06 OCT mttKMMA YPWO7I MKT *4 on 07 00 ULQQ HQfl H-WIHHHI-W--also vxwwt fa to coon tuikdrm <vu613 words
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Advertisement650 2005-09-26 25 i UXAf WALLENIUS WILHELMSEN website: http://www.2wglobol.com uc aSo how h m m ow »t( »w i» J TAMERLANE USU ***** ms MM I 20/09 21/10 >1/10 03/11 07/11 05/11 TAMO Af 527 4201 ms MM I 05/10 SO/10' 00/11 12/11 17/111 15/11 TAIAOOT AKS2 ***** m |MM IS/10 00/11 10/11650 words
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Advertisement1182 2005-09-26 25 fg=-»»-=if==8fr —Ml —Sfli —tfit jjfli I iiiii 1 wtmi sa "*i !f*i SSL. =5: Sss S=- rrimnn an am am rm lUrAi nww n/fn Ji/vf MdANtfA <mc 17/10 09/10 noma mat; o«/io 00/io LPaaaK lifts ®7ii \Hiwa mm nyi* H7rrl sit I hHllflm I wan I M/wl H/i> i7/i i1,182 words
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Advertisement566 2005-09-26 25 JBSA^ MYANMA M FIVE STAR LINE (MVOMMT NotioMl UM) LmnM«| for Yangoi VESS& VOY SIN PKI PEN PGU PAGAN 341W HO PAGAN 349W Sl* IN MALAYSIA: lOUSTIAO SHIPPING AGINCIIS KIN./PKL: 03-300 SOU PIN: 04-2****** j^tAuuuim MUKKk ACCEPT!— COiVIiTIOiAI CCO msa vor m i poi n ok UON HEART 137 SIB566 words
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THE BUSINESS TIMES SHIPPING TIMES
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8190 2005-09-26 26 ETA ETA Adwtbar VhnI Voyaft T«hphMM ETA ETA VmmI »l>l|l V*plWM SIN Dacfn Nana Nmn Ml 111*1 II N—fcir SM P««fll W— M— —Nf —tar 14/10 25/11 CMACGM ENGIAOMA RE160E (*****00 To ABIDJAN (ABJ) 2003 Cot® D'lvoire f Q AUCKLAND (AKL) 2031 Now Zealand8,190 words
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Advertisement293 2005-09-26 26 Taiwan KEE KHH txg \Weekly Consol Service/ E9 v_, usa All IPI via LAX/NYC (MLB/AWS) II HUB MARINE PTE LTD I BOOKING: *****378/716 MAINLINE: *****666 PAX] *****066 OPR COOC "DZ" CR NO **********0Z I MAWKBTmO 6ALWt KtVW CHUAI *****636, MWJMA LO» *****167 I ygsa 1 viSsfi voyage f SIN Jin293 words
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Advertisement357 2005-09-26 26 FREIGHT LINKS EXPRESS PTE LTD 51 Penjuru Rood, 3rd Level, p re ight Links Express Logisticentre, Singapore *****3 Tel: *****511 Fax: *****577 E-mail: flesin@singnet.com.sg Website: http://www.freightlinh.net WRULgjMMm~ 1 ATTRACTIVE RATES TO: «J» AIiXAMPRIA OKNOA KKELUNO KAOHS4UNO l U HAVU MALTA MAM MMMUi CBMI DAUAN HOMO KONO JAKARTA MMQOAO SHANGHAI SURABAYA357 words
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Advertisement56 2005-09-26 26 Ge^7 GEN,KI LINES f As Agar*: OtOSSKAST SHWMNG FT! IJD opwtrtor cod* GK CK NO: 778 320? OOOOM W: 6327 17M fox: 4327 ISM WMt«w|rfianav KUCHMO WEEKLY WEDNESDAY SANJNO BINTUUI 2 SAHJNOS 6EMO JOHOI 6JIME 13/W 24/W 25/W 77/W H/W 01/10 GMOJOMt GJIME M/ 10 05/10 04/10 01/10 0»/10 6BM56 words
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Advertisement262 2005-09-26 26 J** mmm m m gtiagnil ■MRHHRITiGasn 32m 27-21/09 0444/10 11-12/10 ■MUftttfl TIGER WAVE 322N 01-02/10 07-09/10 15-14/10 I ■EmEM TIGER PEARL 323N 04-05/10 11-13/10 11-19/10 1 ■■■■H TIGER SEA 324* 10-11/10 15-17/10 22-23/10 1 BBBBi TI6atSItY 32SW 11-12/10 11-20/10 25-26/101 ■irßEMffilßliSsMlT 109 T7-71/M 04-01/10 14-H/10 1 HRRMMHSLUE UNK 116 30-01/10262 words
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Page 28 Advertisements
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Advertisement117 2005-09-26 28 I Financial Due Diligence has its problems but the I underlying reality is the difficulty in assessing the I nebulous goodwill and intangibles that can represent 80% a company Such problems are:I translating strategy into shareholder value testing the quality of the company's plans and HSBBHBiiBHBIIIIIIIIIIIIHW forecasts I answering the117 words
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BizIT
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Article, Illustration697 2005-09-26 28 ROLAND LIM - It expects the division to become number one next fiscal year By ROLAND LIM •JUST shelled out a few hundred bucks for your iPod? Well, you'll soon be spending more on accessories for it, says peripherals maker Belkin Corp, a leading producerFILE PHOTOS - 697 words
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414 2005-09-26 28 AP [SAN FRANCISCO] Palm Inc is teaming up with Microsoft Corp to launch a Win-dows-based version of the Treo smartphone, marking the first time the handheld computer pioneer will sell a device based on its former rival's software. The new Treo 700 willAP - 414 words
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Article222 2005-09-26 28 Reuters [CHICAGO] The top three US credit reporting companies announced last Thursday that they were joining forces to develop tough new encryption standards to protect the huge amounts of sensitive financial and personal data they transfer electronically each day. Equifax Inc. GUS Pic subsidiaryReuters - 222 words
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<what's new>
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Article, Illustration80 2005-09-26 28 OLYMPUS has released two new point-and-shoot digicams—the 4 megapixel Olympus FE-100 and the 5 megapixel FE-110. Both cameras feature a 2.8 times optical zoom, and a Super Macro mode to allow images of objects as close as 2cm to be taken. The cameras are also able80 words
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Article, Illustration130 2005-09-26 28 MEMORY maker San Disk has released its latest USB Smart Drive featuring U3 technology, which transforms the flash drive into a personal workspace. Besides allowing users to store personal flies and settings on the San Disk Cruzer Micro Smart Drive, it also offers enhanced130 words
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92 2005-09-26 28 APPLE'S upgraded Xserve RAID storage system is now able to offer up to 7 terabytes (TB) of storage via 14 500GB Ultra ATA bard disk drives. The Xserve RAID is certified to ran in Mac OS X. Microsoft Windows. Novell NetWare. SUSE and Red92 words
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Article, Illustration138 2005-09-26 28 DELL is soldiering on in the personal digital assistant (PDA) market, with the launch of its latest family of Axim PDAs. The new Axim X5l and Xslv both feature Intel PXA27O processors which go as fast as 624 MHz, run on the latest138 words
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Article, Illustration83 2005-09-26 28 DORAEMON fans can now carry the Japanese cartoon character in their pockets with the latest Sony Ericsson Doraemon J3ooi mobile phone available exclusively at Sing Tel stores. Created to celebrate the 35th anniversary of Doraemon, the Doraemon mobile phone set includes a Sony83 words
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Article, Illustration96 2005-09-26 28 ROLAND LIM - Compiled by ROLAND LIM SGX-LISTED Aztech has released the Aztech Baby Monitor, a wireless audio monitoring device designed for parents to keep tabs on their babies while in the house. Consisting of a "baby unit" placed close to the baby, it will pick up sounds96 words
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Article, Illustration917 2005-09-26 29 ROLAND LIM - They cite high connection costs, slow response from existing telcos By ROLAND LIM NEW telecom players wanting to use their recently acquired telephone numbers for Voice-over-Internet Protocol (VoIP) services have hit a snag: high connection costs and slow responses from existingFILE PHOTO - 917 words
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Article, Illustration889 2005-09-26 29 PETER CHAI - <you say> Offshoring now covers a range of business processes, and competition is intense PETER CHAI THE outsourcing boom continues. and Asia Pacific countries are winning the game. While India remains the top outsourcing destination in the world, other countries in the region889 words
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< what's up>
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71 2005-09-26 29 F5 NETWORKS has appointed Le Tuan Quoc as its country manager for Singapore. In his new role, he will be responsible for growing Fs's operations in Singapore, and build on its partnerships with local systems integrators and business consultants to deliver its solutions to emerging71 words
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Article76 2005-09-26 29 AGILENT Technologies has appointed Gooi Soon Ghai as its new president of Agilent Singapore and Malaysia. Mr Gooi will now oversee Agilent's operations in both markets and also lead efforts to penetrate emerging Asian markets. He will also retain his current responsibilities as vice president and76 words
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72 2005-09-26 29 SEMICONDUCTOR equipment manufacturer Novellus Systems has appointed Andrew Goh as its deputy president for the South-east Asia region. Mr Goh will be responsible for all functions in the region, and will work with its current regional president John Bowers before Mr Bowers returns to the72 words
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49 2005-09-26 29 DATA management software solutions provider Live Cargo, Inc. has launched its Asia-Pacific headquarters in Singapore. The US-based company works on an Application Service Provider (ASP) model and uses its proprietary encryption technology to offer file storage, transfer and collaboration services to enterprises.49 words
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Article87 2005-09-26 29 LINUX vendor Red Hat has announced its partnership with Nanyang Polytechnic and Temasek Polytechnic to offer its Red Hat Academy programme to their' students. Red Hat Academy, part of Red Hat's Global Learning Services, Is a training programme designed to enable teachers in tertiary institutions87 words
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73 2005-09-26 29 ROLAND LIM - Compiled by ROLAND LIM HOMEGROWN video software solutions provider muvee Technologies has partnered Intel to launch the regional "Click, Style, Show" online digital video contest Home video and photo enthusiasts are invited to transform their raw digital video footage J and pictures using muvee's auto73 words
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Article, Illustration569 2005-09-26 30 RAJU CHELLAM - Such tie-ups can push new technologies faster into the market, the company's Asia head tells RAJU CHELLAM BT exclusive RAJU CHELLAM THE world's largest chipmaker, Intel Corp. is looking at technology tie-ups with research institutes, universities and government bodies in Singapore and the Asia-Pacific in569 words
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428 2005-09-26 30 RAJU CHELLAM - By RAJU CHELLAM FOR the first half of this year, Intel Corp saw sales of U5516.85 billion. That was almost double the HI sales of its nearest competitor. Samsung Electronics, and more than the combined HI sales of the bottom four NEC,428 words
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383 2005-09-26 30 ROLAND LIM - By ROLAND LIM SINGAPORE could miss out on the open source momentum that is growing in other countries if the government decides to look only towards proprietary software, says a senior Red Hat executive. "Governments from Argentina to Vietnam have now introduced383 words
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Page 29 Advertisements
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Advertisement89 2005-09-26 29 SON v iiKe.no.otner Stv/le X Volume S-o r e no re. Do mere. rf^ v#**' irM:^ a *fyJe?'VT r^ Sony Micro Vault Pro ch ers up to 5GB of data storage. Preloaded with Auto Sync software, .t ensures that th- itest rent' s of al! your important files are safely89 words
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Advertisement104 2005-09-26 30 In the digital networked economy, convergence of IT and communications is now becoming a reality. However, with more ways of interacting than ever before, bringing together all your devices, networks and applications can be complex. With BT's networked IT services you can integrate and simplify your communications, improving efficiency and104 words
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Advertisement9 2005-09-26 30 <yousay> Real value in a changing outsourcing landscape PG299 words
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