The Business Times, 31 October 2005

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Total Pages: 36
1 36 The Business Times
  • 16 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asial .com.sg MICA (P) 089/03/2005 Monday, October 31,2005
    16 words
  • 467 1  -  CEO Yeo sees its synergy with Suntec City Mall and Park Mall By ARTHUR SIM [SINGAPORE] Suntec Reit, which appears to be stepping up its property acquisitions, is now planning to buy Chijmes owned by Low Keng Huat, Jetaime Investments and the Lei Garden
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  • 361 1 Bloomberg AFP [NEW DELHI] Terrorists trying to derail peace efforts between India and Pakistan may be responsible for Saturday's bombings in New Delhi that killed at least 61 people and wounded 188 others. However, analysts said they don't expect India's financial markets
    Bloomberg; AFP  -  361 words
  • 126 1 PM Lee's condolence message to India's Prime Minister Manmohan Singh: Singapore strongly condemns the acts of terrorism that struck New Delhi just days before the Deepavali and Aidilfitri celebrations. By targeting busy markets and a bus, the terrorists have obviously plotted to cause maximum carnage in
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  • 141 1 MARKETS Week Chge STI .2192.41 -46.95 KLSE COMP 905.79 3.79 NIKKEI 225 *****.54 ....+146.59 HANG SENG *****.83 272.02 SET INDEX 682.25 3.96 JAKARTA COMP ...1058.26 -17.70 MANILA COMP ...1960.22 +37.72 TAIPEI TAIEX 5632.97 -105.79 SEOUL COMP 1140.72 -42.76 SHENZHEN B 186.53 -17.55 AUST ALL ORD 4340.50 +15.30 DOW
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  • Page 1 Advertisements

  • TOP STORIES
    • 622 2 S'pore investments in US climb, but below 2000 level SINGAPORE'S direct investments in the United States have bounced back, along with a turnaround in returns. The recovery mirrors the trend for Asia as a whole, which saw cumulative investments tumble from U*****.6 billion in 2000 to U*****.2 billion
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    • 590 2  -  But there are curbs on pay-TV aimed at local consumers By AMIT ROY CHOUDHURY [SINGAPORE] A study on the economic impact of regulatory practices on the pay-TV industry in the Asia-Pacific region shows that Singapore allows international broadcasters freedom of action and a
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    • 944 2  -  WALL STREET INSIGHT Non-farm payrolls data for October most crucial for market, say traders By ANDREW MARKS in New York THERE'S nothing like a strong finish to a week to get traders talking about the prospects for more bullishness to come. Even
      AP  -  944 words
    • 668 3  -  Last year's rebound mirrors trend for Asia; returns also turn around By CHUANG PECK MING [SINGAPORE] Singapore's direct investments in the United States have bounced back, along with a turnaround in returns. The recovery mirrors the trend for Asia as
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    • 397 3  -  It cites increase in interbank rates for quarter-point hike By LESLIE YEE [SINGAPORE] Customers of DBS Bank have begun receiving letters late last week saying they will pay more for their home loans. Singapore's largest mortgage player, DBS, is raising
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  • Page 2 Advertisements
    • 263 2 Asia Pacific Management Institute Executive Network. Leadership Journey. n 10 Doctorate PhD in Business and Management 12th Intake University of Doctor of Business Administration (DBA) Bth Intake lnnovative structure with comprehensive system of supervision and support More than 170 graduates in Asia! lnf° r niati n Session Supported by Doctoral
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  • Page 3 Advertisements
    • 23 3 ~t-\ J Geta ~TI/y==i Leading J-Js°{ Edge J Your sailing schedules get wider attention in I The Business Times shipping pages Shipping times
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    • 111 3 lIMIIII —Xv^j l ?*r^f. ■HMj SINGAPORE AIRLINES NOW FLIES 4 TIMES WEEKLY TO HYDERABAD. Marvel at the city's royal A^ heritaae and shop for handicrafts at its lively bazaars. En route, enjoy KrisWorld, your personal inflight 3 r SinGAPORE I II L AIRLinES entertainment system and of course, the inflight
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  • SINGAPORE MARKETS
    • 601 4  -  STOCKS R SIVANITHY Senior Correspondent AS the year draws near to an end, it's always useful to study what analysts say about the coming year. What's interesting is that compared to 12 months ago, when almost everyone was positive about economic growth
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    • 308 4 CURRENCIES AFP [HONG KONG] Asian currencies ended last week little changed against the US dollar as the yen bounced back from new 25-month lows, with the prospect of a widening US-Japan interest rate gap expected to cap its recovery. Japanese yen: The yen
      AFP  -  308 words
    • 692 4 PaymaM ii tacts Pay Payment Ei looks Pay ma dn* date lsei <w Ussa is* A» Atlwve US15t I OVA I J-Ort t*Oa 31 On l wMmml 18c > 027 J8 0n Mfu. 16 V> Amin Ingg 20c I 286 0'Mj. 21MW Ijori A&i«p«c 10c h O K)
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    • 351 4 COMMODITIES: WEEKLY ROUNDUP AFP [LONDON] World oil prices rallied last week as energy demand was seen to be rising in the US and China the two biggest consumers of fuel. Platinum hit the highest level for a quarter of a century as
      AFP  -  351 words
    • 429 4 OTHER SINGAPORE INDICES Oct 28 VALUE CLOSE BT OB/OS -806.00 +58.00 BT CADI j*****.00 BT 10-day MA -*****.00 -81.00 All-SG Equities 565.00 -1.34 SG Equities Elect 119.53 +1.10 SG Equities Fin 1613.02 -2.40 SG Equities Prop 681.75 -1.74 SIMSG 259.52 -0.72 SiMSCI Futures 259.00 -0.70 MOST ACTIVE STOCKS
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  • Page 4 Advertisements
    • 85 4 WEEK AHEAP Micro-Mechanics's bonus issue, ex-date Nov 4 CH Offshore's dividend payment, Nov 4 PCl's dividend payment, Nov4 Chuan Hup's dividend payment, Nov 7 Micro-Mechanics's dividend payment, Nov 8 Midas Hldgs's dividend payment, Nov 8 Ban Joo, AGM, Oct 31 Health Mgt, AGM, Oct 31 Raffles Edu, AGM, Oct 31
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  • Page 5 Advertisements
    • 1080 5 Advertising Feature Sing Post has transformed into more than just a Ifffflll post office today. Sing Post is an icon that many have grown up with. From a Pn 's®2 friendly neighbourhood post iJL HBjnmMH office, Sing Post has successfully KX3| transformed itself. Today, it is a hub for not
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  • COMPANY NEWS
    • 229 6  -  By ARTHUR SIM [SINGAPORE] Education service provider Informatics Holdings has secured inprinciple approval from the Singapore Exchange to list and quote its proposed issue of rights shares, warrants and new shares. The green light was announced on Saturday. Informatics will issue between 392
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    • 529 6  -  IPO WATCH Group owns 70% of specialist healthcare centre in Hyderabad By CHEN HUIFEN PACIFIC Healthcare Holdings is excited about the growth potential of its operations in India, where it set up a four-storey specialist centre a year ago. "We've been looking at
      529 words
    • 591 6  -  HOCK LOCK SIEW By ANGELA TAN SINCE its listing in October 2004, Star Hub has outperformed its rivals Singapore Telecom and Mobile One. Apart from offering fixed line, mobile and broadband, Star Hub has what some analysts call "the golden goose" the unique
      591 words
    • 862 7  -  CORPORATE ANALYSIS Does good governance translate into better P/Es? MICHELLE QUAH dissects the issue MICHELLE QUAH ARE stock markets capable of effectively valuing good corporate governance? Phrased another way Does good corporate governance translate into better price-earnings ratios (P/Es)? it's an issue which has preoccupied companies and challenged
      Ban Cne  -  862 words
    • 511 7  -  IPO WATCH Dr Michael Lim subscribes for 5% of China firm's offer By WONG WEI KONG CITIRAYA chairman Michael Lim has emerged as a substantial investor in the initial public offer of Chinabased Landwind Medical Holdings, with an investment of some $1.3 million.
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    • 335 7  -  By ROLAND LIM CHINA-BASED memory storage maker Memory Devices is planning to raise $21.7 million through its initial public offering (IPO) of 177.9 million shares, of which 118.6 million are new shares and 59.3 million are vendor shares. The offer consists of 13
      ZAOBAO  -  335 words
  • Page 6 Advertisements
    • 286 6 H88H899 A distributor and manufacturer OF MEDICAL DIAGNOSTIC IMAGING EQUIPMENT TO OVER 6,000 HEALTHCARE HIRHnHHH ESTABLISHMENTS IN THE PRC IliiiSgßiiM LRnDLuinD BBHHHHH m e D I C n L See life more clearly B»MlM LANDWIND MEDICAL HOLDINGS LIMITED (Incorporated in Singapore on 5 January 2005) (Company Number Invitation in respect
      286 words
    • 45 6 --BEDSORES? SLEEP ON WATER Tissue cells pinned between the underlying bone and the bed for a long period of time are deprived of blood and eventually die. A waterbed distributes the body weight evenly, so blood continues to circulate freely despite the patient being immobile.
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  • Page 7 Advertisements
    • 130 7 Kj^ Fly Club World and get one leg upgraded. k\* ■jr.. m m t J# s diriii'iiii 1^ ■l IB *i W iiiaeieiweiw<iiwwi«w*^2qjLi#i|WiwWi|lllWWpll|WWWWWlll^8 i V Fly to London, Sydney or Melbourne and you'll receive a complimentary upgrade np |T|C LI A I D\A/AYQ from Club World business class to FIRST.
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  • VIEWS FROM THE TOP
    • 2714 8 THIS WEEK'S TOPIC Should the current requirement for quarterly reporting be reviewed? If so, what factors should the government consider in its review? I AM certainly for the review of the quarterly reports which are so excessive and a waste of time, money, and effort
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  • Page 8 Advertisements
    • 70 8 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 executives
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  • Page 9 Advertisements
    • 255 9 I usM r Today I have to confirm fiighti hand J ti iliintu officu) meet clients in Bangkok, j a., i i. i. r; u i> ~rx: j j meet suppliers in Loyang f iiaiai whn 1 be home for family dinner by 6.30pm. ncel the hassle of meetings and
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    • 22 9 HAVE YOUR SAY What do you think of the opinions expressed in these pages? Share your views by writing to btietterOsph.com .sg
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  • SINGAPORE MARKETS
    • 1261 10  -  TEH HOOI LING Senior Correspondent OUR portfolios fared relatively well, given that the Straits Times Index has now seen its third consecutive week of retreat and the UOB Sesdaq Index its second. The STI lost 2.1 per cent last week, while the UOB Sesdaq Index
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    • 1278 10  -  INSIDE MARKET Selling seen in Chuan Hup, and buying in Advanced Integrated Mfg, Reyoung, SembCorp Marine and StarHub, notes ROBERT HALILI ROBERT HALILI BUYERS and sellers remained cautious on the market last week with only 53 trades worth $22 million, according to filings to
      FILE PHOTO  -  1,278 words

  • DINING OUT
    • 522 11  -  By Parvathi Nayar Spice N Wine Cafe 16, Jalan Kelulut Tel: 6481-7535 TO truly celebrate the festival of lights, which is officially tomorrow, the merrymaking needs to go on for much longer. And, of course, no Diwali festivities are merry enough without the traditional lamps
      ARTHUR LEE  -  522 words
    • 1328 11 YOU could call them little dining spin-offs. Several Chinese restaurants in town have spun off little "branches" within their premises we check out what they're like. Si Chuan Dou Hua Restaurant Tian Fu Teahouse Plaza Parkroyal Hotel, 7500 A Beach Road. Tel: 6290-8005 THE tea service at the
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  • Page 11 Advertisements
    • 559 11 paying adults Birthday Treat: Complimentary Dessert for min. spend of $40. Tel: 6225 6UU2. vuul l ov 1 5K 1 Cardmembers on their birthday. Tel: 6339 0415. Tel: 6738 3368 6459 2338. Mirchi Taste of India: 20% off bottled spirits only One Dharma's: 10% off all food items, applicable for
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    • 16 11 DINING OUT A sponsored series on fine dining experiences brought to you by UOB Credit Card
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • 1024 12  -  DANIEL BUENAS looks at some of the main features of structured deposits DANIEL BUENAS Information for this arbde was taken from the Monetary Authority of Singapore's consuner guide Making Sense of Structured Deposits Minimum Structured deposits may require The minimum deposit a higher minimum investment amount for
      1,024 words
    • 629 12 CAMPUS LIFE S'pore student Bhavik Doshi speaks to KELVIN SAM about his life in fast-paced New York University JUST two months ago, Singaporean student Bhavik Doshi was sleeping only four hours a day. And that was on a good day. While the long
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  • Page 12 Advertisements
    • 251 12 Be smart with your finances FANCY becoming the next Warren Buffett or George Soros? Or even the famous Robert Kiyosaki? Then read on. The Young Investors' Forum, part of the BT-Citibank Tertiary Outreach Programme, isn't another dry page out of your financial textbook. To complement our editorial content, we have
      251 words

  • SINGAPORE NEWS
    • 616 13  -  It makes products that treat blocked or ruptured arteries in the brain By CHEN HUIFEN LIKE the mythical mediaeval Excalibur sword that Arthur to his rightful local firm Merlin MD is banking on its X*Calibur series to establish its rightful place in
      ARTHUR LEE  -  616 words
    • 261 13  -  By ARTHUR SIM BREADTALK Group's managing director George Quek is firmly back in the food court business in Singapore, after selling his stake in the Food Junction chain early last year. After opening Food Republic, a 23,000 square feet food court at Wisma
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  • Page 13 Advertisements
    • 165 13 EVENTS LISTING DATE/ TIME EVENT VENUE 31 Oct Excellent Service Award Convention Centre, 2.45pm 2005 Presentation Ceremo- Ngee Ann Polytechnic ny for the Silver, Gold and Star Award Winners from the Healthcare Sector 4 Nov EAI Seminar on Rural-based EAI Conference Room, 3.30pm Tourism in Yunnan and Gui- Blk ASS,
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    • 56 13 m Iz i s c i 3fei^c^ Non-stop innovation is the only way we know. We conceived the A 350-800 to dramatically increase the aircraft payload-range. Flying 300nm farther with space for almost 30 more passengers while burning less fuel per passenger than its future competitor. HKsg|flH Airbus A 350.
      56 words

  • ECONOMY WATCH
    • 1564 14  -  Bruce Kasman, head of economic research at JP Morgan Co, spoke to VIKRAM KHANNA about prospects for the US economy and interest rates, Japan, Asian currencies and the US current account imbalance. Excerpts from the interview: VIKRAM KHANNA On the economic impact
      ARTHUR LEE  -  1,564 words
    • 593 14  -  There are concerns he could upset region's stability By ANTHONY ROWLEY in Tokyo THE nomination of White House senior economic adviser Ben Bernanke to succeed Alan Greenspan as US Federal Reserve chairman has been welcomed in financial markets, but some Asian bankers are concerned
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    • 352 15 Govt eyes at least 20t rupiah next year, citing strong performance [JAKARTA] The government is optimistic that it will be able to raise proceeds from state enterprises by close to double the amount it collected this year, on the back of higher economic growth
      352 words
    • BRIEFLY ASIA
      • 76 15 Reuters [SHANGHAI] Top Chinese steel maker Baoshan Iron and Steel Co Ltd reported a 41 per cent rise in quarterly earnings on Sunday, as it grappled with plunging product prices and lingering overcapacity at home. Baosteel posted net earnings of 3.31 billion yuan (*****.8 million)
        Reuters  -  76 words
      • 62 15 Bloomberg lISI>AMABAD], Pakistan] Emirates Telecommunications Corp, which bought 26 per cent of Pakistan Telecommunication Co for U552.59 billion in June, didn't pay its second installment by an Oct 28 due date. Pakistan's Privatisation Commission, said in a statement on Saturday night that Etisalat
        Bloomberg  -  62 words
      • 70 15 Reuters [BEIJING] Assets of foreign-funded insurance firms in China accounted for 12.77 per cent of China's insurance industry at the end of August, compared with 2.6 per cent a year earlier, the Xinhua news agency said on Sunday. There are now 41 foreign funded insurance firms
        Reuters  -  70 words
      • 50 15 Bloomberg I 0 [SHANGHAI] Semiconductor Manufacturing International Corp, China's biggest made-to-order chipmaker, had a fourth-straight quarterly loss as the cost of sales rose. The third-quarter net loss was U5526.6 million, or US$O.O7lB per diluted American depositary share, compared with net income of U5539.3 million.
        Bloomberg  -  50 words
  • Page 14 Advertisements
    • 74 14 Call your travel agents or Royal Brunei Airlines >£W<*>nvAi nnilMfn at 65-6235 4672 or visit www.bruneiair.com /Sir DtiUNcjl Featuring renowned guest chef from Milan, Osvaido Foriino in November. V Experience authentic Italian cuisine daily. y FEB. THE HYATT TOUCH* For reservations, please call 6416 7113. "^^WBHWh m, I ypWpy Wm
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  • Page 15 Advertisements
    • 181 15 t *L i I f i s i «r C i I ~r 1 w Non-stop innovation is the only way we know. Designing the new A 350-900 with improved engine efficiency and lightweight materials, it saves up to 25% fuel per seat compared to competing aircraft currently in production.
      181 words

  • MALAYSIA
    • 622 16  - Abdullah —Not too far from greatness MALAYSIA INSIGHT Getting the upper hand in the fight against corruption will be the true test of his leadership S JAYASANKARAN KL Correspondent ON Tuesday, Prime Minister Abdullah Ahmad Badawi will mark two years in office. It's been an eventful period for Mr Abdullah.
      BLOOMBERG  -  622 words
    • 260 16 AFP [KUALA LUMPUR] Malaysian Prime Minister Abdullah Ahmad Badawi has been cleared of involvement in the Iraq oil-for-food scandal, but a United Nations inquiry has implicated two of his relatives, reports said on Saturday. The Malaysiakini news website said that through a Malaysian trading
      AFP  -  260 words
    • 403 16 [KUALA LUMPUR] Prime Minister Abdullah Ahmad Badawi has given the nod for Lembaga Tabung Haji to list TH Plantations Bhd (THP) on Bursa Malaysia Bhd, Malaysia's Business Times reported on Saturday. Mr Abdullah said on Friday the decision, made after considering the
      403 words
    • 293 16 Bernama (KUALA LUMPUR] QSR Brands Bhd on Friday announced that the Kuala Lumpur High Court had granted an interim order that the takeover offer by Kulim (Malaysia) Bhd be suspended pending disposals of QSR's application for leave to commence judicial review and its application
      Bernama  -  293 words
  • Page 16 Advertisements
    • 217 16 Advertisement Basic Wine Appreciation Course by Tommy Lam, Wine MBA Bordeaux Hi Amigo Tommy I must compliment you on your humourous and candid style of presentation. It made the session more captivating and lively. The information is very useful. You have unselfishly shared your knowledge and was able to answer
      217 words

  • GREATER CHINA
    • 250 17 Bloomberg [HONG KONG] Billionaire Li Ka-shing's Cheung Kong (Holdings) Ltd will get HK52.43 billion (Sss3o million) selling its entire interests in seven commercial properties to its first Hong Kong real estate trust. Cheung Kong and other shareholders of the seven office
      Bloomberg  -  250 words
    • 351 17 Analysts say move is part of group's restructuring plans [HONG KONG] PetroChina. Asia's largest oil producer, plans to pay almost HK$4 billion (SsB72 million) to privatise its Hong Kong and Shenzhen-listed unit, Jilin Chemical Industry, as part of the group's restructuring plan, The
      351 words
    • 445 17 Foreign-controlled rival Shenzhen Devt Bank also posts 31% profit rise Reuters [SHANGHAI] Pudong Development Bank Co Ltd, Citigroup's main Chinese partner, posted a 31 per cent jump in quarterly earnings on Saturday as lending accelerated alongside government efforts to counter a
      Reuters  -  445 words
  • Page 17 Advertisements
    • 26 17 t$L I Lianhe Zaobao If I Exhibition I I centre I I Hanqzhou I W I to showcase I Singapore's I IT products I StfEMift I
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    • 47 17 I to t I I CO Non-stop innovation is the only way we know. We designed the A 350 with the most innovative materials. Composite materials for lightness and strength. New metallic materials for lightness and durability. HKgaflH Airbus A 350. The world's most advanced twin-engine aircraft
      47 words

  • INDIA
    • 510 18 BOMB BLASTS IN INDIA Attacks in New Delhi killed at least 61 people and injured about 188 Reuters, Bloomberg [NEW DELHI] Even as Indian police scour the wreckage for clues about who was behind Saturday's bomb blasts in the capital, security analysts are already pointing
      Reuters,; Bloomberg; AFP  -  510 words
    • 394 18  -  But Bangalore operations are under review By NEIL BEHRMANN in London BRITISH high street bank Abbey National has insisted that there were no immediate plans to shut its call centre operations in India where Indian locals answer basic enquiries, such as
      394 words
    • 292 18 AP [ATLANTA] CNN has announced a deal it hopes will increase its presence in India and help it tap into the country's growing market for television news. The Atlantabased news network announced last week it is teaming with a local partner, Global Broadcast
      AP  -  292 words
  • Page 18 Advertisements
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    • 75 18 Join the Company That's Changing the World /Xtviilßß New York Stock Exchange listed: CRM 77% year-over-year revenue growth 331% year-over-year profit growth 83% year-over-year subscriber growth 100% increase in global employees in 18 months Salesforce.com is the market and technology leader in on-demand customer relationship management (CRM). We re seeking
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  • Page 19 Advertisements
    • 41 19 4,,.' .alsv!.. K? ••••••JPPSJ Ht***"" f A J,., J,^,aaP See h ■iIIMBMB &«ti&HH >t |> K a^&feJSjp|||i||BijjM 5 I*@ t^; r f A f 'I '*^**^1!% '^^K/j>p /I 1 --~r *w I v f j%.- u />. X .f, i- -yi r r
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  • ASIA-PACIFIC/WORLD
    • 452 20 He wants war clause outlawed, bigger role for Japan's military AP, AFP [TOKYO] Japan must revise its pacifist constitution so the military can play a more active role in international security, Prime Minister Junichiro Koizumi said at a military ceremony yesterday. In a speech at
      AP,; AFP  -  452 words
    • 226 20 Round-the-World Yacht Race. Leg 2, Race 3, Day 4 IT MIGHT seem Uniquely Singapore took a different course and have let westernaustralia.com, who have chosen the most southerly course to move ahead. Uniquely Singapore remain the westernmost boat As the fleet makes good progress to the south east,
      Compiled by BT  -  226 words
    • 340 20 Reuters [PARIS] The European Union's new offer to cut farm tariffs is a provocation, the head of France's main farm union said yesterday, calling on the French government to use its veto if the EU Commission does not alter its proposal.
      Reuters  -  340 words
    • 28 20 Transaction date: Oct 28 For a full listing of the closing prices, log on to BT Online at http://business-times.asial.com.sg after 11.30pm every trading day Source: Reuters
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    • 175 20 Bloomberg, Reuters [DUBAI/LONDON] Peninsular Oriental Steam Navigation Co, the largest UK ports operation, said it's received an approach that may lead to an offer for the company. "P&O confirms that is has received a very preliminary contact from a third party," it said in a statement
      Bloomberg,; Reuters  -  175 words
    • 601 20 Reuters [STOCKHOLM/NEW YORK! Six companies including Ericsson, Nokia and Texas Instruments have accused Qualcomm Inc of stifling competition in the mobile phone chip market in a complaint filed with European regulators. Shares of Qualcomm fell more than 4 per cent on Friday after news
      Reuters  -  601 words

  • WORLD
    • 612 21 A trial could expose Cheney's role in seeking to discredit Iraq war critic Reuters [WASHINGTON] The indictment of former top White House aide Lewis Libby in the CIA leak investigation will put Vice-President Dick Cheney's office at the centre of court proceedings, raising
      Reuters  -  612 words
    • 544 21 AFP [PARIS] European companies scrambled to defend themselves after a probe alleged more than 2,000 firms paid altogether US$l.B billion in kickbacks to Saddam Hussein's regime as Iraq abused a UN humanitarian aid programme. The French bank BNP Paribas, which managed the
      AFP  -  544 words
    • 475 21 Reuters [SEATTLE] Microsoft Corp's new Xbox 360 video game console may get off to a slower start than initially expected, but the software giant's plan to keep production steady and expectations low may help it win against rival Sony Corp, analysts said on
      Reuters  -  475 words
  • Page 21 Advertisements
    • 108 21 IfiiN H 1 11 mr? Sw^lnWB^B7^£^„ Wmii WtthFOS klvkii^ I fiDi Ipß^«§r■ if"" fffl IflU IK? iflln f flv H mm. Slda SSISHLL. J H X. M JIIIVII in Si« i''ll >v ■v IKPIk If Injl 11 I I I life- .5-. jS «4kßfe> .i IF 5^ *< Every guest
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  • AVIATION
    • 569 22 It aims to prevent overcapacity via antitrust deal with Delta, Northwest Bloomberg [PARIS] Air France-KLM Group, Europe's biggest airline, aims to prevent overcapacity on North Atlantic routes by creating a "joint venture" with SkyTeam partners Delta Air Lines Inc and Northwest Airlines
      Bloomberg; BLOOMBERG  -  569 words
    • 371 22 Reuters [FRANKFURT] The chief executive of European planemaker Airbus said on Saturday talks were continuing with Malaysia on ordering A4OOM military transport planes and that a deal could come within weeks. "There will be a Malaysia air show in the next
      Reuters  -  371 words
    • LOG BOOK
      • 70 22 Bloomberg [SYNDEYI Qantas Airways, Australia's biggest airline, will suspend some flights to the Indonesian resort island of Bali from next month after demand dropped following the Oct 1 suicide bombings that killed 23 people. Its Australian Airlines services from Perth and Melbourne to Bali will
        Bloomberg  -  70 words
      • 63 22 AP [BERLIN] German airline Lufthansa AG has bought nearly 5 per cent of Fraport AG, the operator of Frankfurt airport, for 170 million euros (***** million). Lufthansa said on Friday that it bought the 4.95 per cent stake in order to underpin its position
        AP  -  63 words
      • 65 22 Bloomberg [KUALA LUMPUR] Malaysian Airline System will raise its fuel surcharge on international flights by as much as 39 per cent, increasing charges for the fifth time this year to cover fuel costs. The carrier will boost the surcharge on flights to Europe,
        Bloomberg  -  65 words
      • 75 22 [LONDON] Ryanair Holdings, Europe's largest low-fare airline, said that plans by London Luton Airport to extend an existing terminal and build a new terminal by 2012 will cut travel costs for passengers and airlines. Luton, which was used by 7.5 million passengers in 2004, plans
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    • 520 22 Reuters, Bloomberg [SHANGHAI] Canadian aircraft and trains manufacturer Bombardier Inc said it aims next year to match or beat this year's US$l.4 billion in China sales as it explores a possible Chinabased airplane-making venture. Bombardier, the world's top train maker and thirdlargest civil
      Reuters,; Bloomberg  -  520 words
    • 279 22 Bloomberg [CHICAGO] Northwest Airlines Corp, the fourth-larg-est US airline, is seeking temporary cost-savings from its pilots in exchange for the postponement of a bankruptcy court hearing at which it could ask for permanent concessions. Northwest, which sought Chapter 11 protection last month, asked its pilots union
      Bloomberg  -  279 words
    • 397 22 AIRLINE CODES: AA: American Airlines (AAL), AF: Air France (AFR), AI: Air India (AK), AY: Finnair Oy (FIN), AZ: Alitalia Airlines (AZA), BA: British Airways Public Ltd Co (BAW), BG: Biman Bangladesh Airlines (BBC), BI: Royal Brunei Airlines Sdn Bhd (RBA), BO: Bouraq Airlines (BOU), BR:
      397 words
  • Page 22 Miscellaneous
    • 185 22 CRYPTIC CROSSWORD 31 D Minor composition by Elgar 8 Put new pep into endless diet YESTERDAY'S SOLUTION DOWN SSSS high-light (6-6) 1 Improperly press one for an 15 Dragged towards the altar? (5) 14 c pu prp ip; Adrian' 18 answer (8) 16 An unlicensed receiver (5) utre 14 p
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  • SHIPPING
    • 505 23  -  Indonesia, S'pore, M'sia, should also better manage others' perception By DONALD URQUHART [SINGAPORE] The three littoral states bordering the Malacca and Singapore straits have to do more in enhancing maritime security, according to a Singa-pore-based security analyst who said that
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    • 345 23 LAT [WASHINGTON] The Senate unanimously passed a measure on Friday that would require an investigation into the controversial US$236 million deal to lease three ships from Carnival Cruise Lines for emergency housing after Hurricane Katrina. The measure, which was attached to a
      LAT  -  345 words
    • 362 23 Reuters [SHANGHAI] China's CIMC. the world's top maker of shipping containers, posted on Saturday a 29 per cent dive in quarterly earnings, as rising steel costs took the edge off strong sales. China International Marine Containers Co Ltd, an arm
      Reuters  -  362 words
    • 204 23 Bloomberg [HONG KONG] China Shipping Development Co, China's biggest oil carrier, said third-quarter profit rose 18 per cent after the country's demand for crude oil and coal increased cargo volume. Net income for the three months ended September increased to 548.6 million
      Bloomberg  -  204 words
  • Page 23 Advertisements
    • 272 23 1 DBS High Notes is not principal protected. Minimum investment is 5525,000. DBS High Notes will accrue interest daily at the rate of 3.6% p a. based on the Outstanding Principal Amount. Where total losses on the Reference Portfolio exceed the Loss Protection Level of 18.2%, the original investment amount
      272 words

  • Page 24 Advertisements
    • 1324 24 /TV \I7 TAT SENG PACKAGING GROUP LTD. (Incorporated in the Republic of Singapore) (Company Registration No. *****2806 M) DESPATCH OF OFFEREE CIRCULAR Further to the announcement made by Tat Seng Packaging Group Ltd. (the "Company") on 19 October 2005, the board of directors of the Company wishes to inform that
      1,324 words
    • 206 24 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF RESORT ASIA CONSULTANCY SERVICES PTE LTD (Company Registration No. *****0888K) (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act, Cap. 50 that the Final Meeting
      206 words
    • 1595 24 IJEL CORPORATION (HOLDINGS) LTD. (Incorporated in the Republic of Singapore) I (Company Registration No. *****6139K) I NOTICE IS HEREBY GIVEN THAT an Extraordinary General Meeting of JEL CORPORATION (HOLDINGS) LTD. (the "Company") will be held on 17 November 2005 at 11 Changi North Way, JEL Centre, Singapore *****6 at 5.00
      1,595 words

  • 2835 25 SECURITIES TRADING SCOREBOARD MAM SIX) TOTAL U» P— Uwdi Up Down Undi UP Down Und< Multi Ind 7 7 3 000 773 Manufacturg 44 102 43 11 22 15 55 124 58 Commerce 17 30 24 7 8 6 24 38 30 Tpt/Stor/Com 6 23 8 03 1
    2,835 words

  • 3242 26 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In local curr In SS hi US$ %dy yr %dy yr %dy Syr Oct 28 Index Change Change Change Change Change Change The World Index Preliminary 897.0 0.3 5.2 0.5 4.4 0.1 OjS I EAfE Preliminary 876.2 -0.1 13.4 -0.2 6.2 -0.5 2.4
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  • Page 27 Advertisements
    • 1392 27 NYK GROUP SOUTH ASIA PTE LTD nr «r tel.: 6295 0123 Mm Aline t&gdf M XI LINE Fax: 6292 2856 (Regional sales)/6239 7109 (OPS)/6299 5785 (Documentation) NIPPON YUSENKAISHA TOKTO SDPAKU KASHA. LTD (C/R NO: **********0E) 0SZ MIUVOt (MX) n* IM Main Una: «4S 6536-2750 CR«: 137« *****00G CCC Mfi> j
      1,392 words
    • 878 27 IINTHtASIA KOKQ SERVICE VBSa/VOT RAMHKI) HBCHTW kg KCH IP SIN jkt STRAITS VENTURE 22/05 15 3.2 27/10 30/10 03/11 04/11 OS/1I SIMITSVOmitt 23/05 15 3.2 10/11 13/11 17/11 20/11 22/11 |smnsvßmi>E 24/05 15 3.2 24/11 27/11 30/11 03/12 05/12 AUSTRALIAN ROftO SERVICE 1 vßsa/vor Kjuwrom I MBGwrcml 10 sw wi
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  • Page 28 Advertisements
    • 1242 28 www.homburgsuj.coin ASIA SERVICE SLING 1 (EXPORT) ASIA SERVICE SUMO 2 (IXPORT) ETA ETA Vwtel/Vovoa. SINGAPORE DORIAN $EPETIIA SANTOS ITAJAI FARANAGUA Vonel/V.toM SIWOAPOUt BUENOS AIRES RIOORANPt SANTOS SEKTIM DTK Rortsto 003W 02/11 13/11 23/11 24/11 26/11 27/11 IporwnolOlW 29/10 21/11 23/11 25/11 27/11 ilioiKo Bohia SO2W 09/11 20/11 30/11 01/12 03/12
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    • 1328 28 VESSEL VOY SIN JKT HKG KHH IWC KYH PUS VESSEL VOY SIN JKT SUB HKG USN PUS HY BRIDGE 102S 3/11 S/ll 10/11 12/11 14/11 11/11 m KMTC SINGAPORE SISS t/11 9/11 10/11 15/11 19/11 20/11 HY VLADIVOSTOK 167S 10/11 12/11 17/11 19/11 21/11 23/11 23/11 KMTC JAKARTA SISS 13/11
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    • 716 28 WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS VESSEL VOY SIM PJOANG COLOMBO H. SHtVA COLOMBO HtmKAH BRIDGt MHtW 31 QQ 01 NOV OS HQV HLhfii liM KOTA PERWIRA YPWO73 07 NOV 08 NOV 11 HQV LiM LZJfiK SiEzeHl:iEii=ii==E= ALSO ACCEPTING Kl TO COCHIN, TUTKOMN
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  • Page 29 Advertisements
    • 1056 29 WW WALLENIUS WILHELMSEN website: http://www.2wglobol.com vessel vor "ramp height sih im map ~hou<~ mia "sav »al orf nyc new ~ioT" TALISMAN AFS2B 320 Tons 6.4 M 30/10 20/11 29/11 03/12 07/12 OS/12 TARONGA AF529 320Tms 6.25 M 07/11 03/12 12/12 16/12 21/12 19/12 TAMPERE AFS3O 4001<MS 6.3 M 16/11 11/12
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    • 1610 29 vtssn vor sin reu vissa voy sin jut PACIANPA ISS9N 29/10 29/10 PACI INT AN 9322 29/10 01/11 «F 2301 o]92f 29/10 30/10 gjgZ 4190 31/U 03/11 PAC MNP* 1590N 30/10 31/10 PACHMTAN 9323 05/11 08/11 -CSL23OI OJ93P 11/10 02/11 IKMm 11?1N emj 01/11 pkES M/if- jKjMSi —!»M—am—hzm_ ;in vissn
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    • 711 29 BSA -l MYANMA nn FIVE STAR LINE (Myanmor National Um) Loading for Yangon VESSEL VOY SIN MCI PIN PGU PAGAN 348W SLD PAGAN 349W Sit IN MALAYSIA: BOUSTEAD SHIPPING AGENCIES KUI/PKI: 03-*****388 PEN: 04-*****1S MBKKk ACCEPTING CONVENTIONAL CfiO VESSEL VOY HKG SIN PGU PKL KUC RAINBOW JOY 6 SLD LION
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  • THE BUSINESS TIMES SHIPPING TIMES
  • Page 30 Advertisements
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      230 words
    • 629 30 FREIGHT LINKS EXPRESS PTE LTD 51 Penjuru Road, 3rd Level, I f P ress Lo 9' st centre Singapore *****3 SOUTH AMERICA CHILE flSulS H AQABA BUENOS AIRES SANTOS RIO GRANDE RIO DE JANEIRO VALPARAISO CALLAO CANADA ALEXANDRIA MALTA MAHE GENOA -PANAMA CEBU DALIAN HONG KONG JAKARTA ■E^T! QINGDAO SHANGHAI
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    • 379 30 HHHTIGERwIvE 330N 29 30/10 04-06/11 12-13/11 I ■PPifli TIGER PEARL 331N 01-02/11 08-10/11 15-16/11 ■MttttUl TIGER SEA 332N 05-06/11 11-13/11 19-20/11 I ■TuXIM TIGER SKY 333N 08-09/11 15-17/11 22-23/11 I ■■■■■TIGER WAVE 334H 12-13/11 18-20/11 26-27/11 I TIGER PEARL 335N 15-16/11 22-24/11 29-30/11 »TTO7!TMTIGfRSPIRiT 111 <I^l/110^1/I^^l/1^ ■MMRMTIGERCUFF 018N 07-08/11 13-15/11
      379 words


  • BizIT
    • 545 32 BT exclusive Singapore, which employs 550 people, will also see more high-end professional hires, the software giant's new regional head Eduardo Rosini tells RAJU CHELLAM THE world's largest software company is on a roll in Asia. It is planning to
      YEN MENG JIIN  -  545 words
    • 368 32  -  By ROLAND LIM STORAGE solutions giant EMC Corporation has released Recover Point, which it claims is the industry's first event-based backup and recovery solution and offers enterprises the ability to recover data up to any previous point in time. Recover Point allows users
      368 words
    • 565 33  -  It has set up a US$1.5m lab here to support a range of Net telephony platforms By RAJU CHELLAM NETWORK solutions company Avaya Inc is gearing up for a renewed marketing push of its Internet telephony and call centre solutions across the
      Source: IDC Asia-Pacific; Source: Frost & Sutoan  -  565 words
    • <what's up>
      • 92 33 THF National library Board (NLB) will hold an international conference, "Celebrating Knowledge: The Power and Potential", from Nov 14-15, in conjunction with the official opening of the National l.ibrary. Speakers include renowned futurist Paul SafTo and Z.han Furui, director of the National Library of China. In
        92 words
      • 55 33 LEADING online graduate school Universitas 21 Global has launched a Master of Science in Information Systems Management (MISM) programme. Designed to equip individuals with technology management skills, the programme caters to Singapore's growing demand for IT talent in the country's bid to become a global hub in
        55 words
      • 71 33 SITHX 2005 is set to draw over 500,000 visitors next month, show organiser Singapore Infocomm Technology Federation says. There will be nine themed pavilions showcasing home entertainment, mobile communications and more. The annual infocomm and consumer technology show will be held from Nov 24 to
        71 words
      • 62 33 SINGTEL has launched eSurveillance. a new managed end-to-end digital-video surveillance service that works on a broadband or IP connection. It allows users to do continuous video recording and view real-time images of their surveillance recordings from anywhere within and outside of Singapore using broadband access. eSurveillance is
        62 words
      • 61 33 MAXTOB has appointed Robert S Chu as vice-president. Asia-Pacific sales and marketing operations. Based out of Maxtor's Asia-Pacific headquarters in Singapore. Mr Chu will be responsible for the company's sales and marketing operations in the region, including Japan. He joins from Microsoft Asia-Pacific, where he was
        61 words
      • 73 33 WINCOR Nixdorf Pte Ltd announced last week that Lim Khoon Hong, managing director of Wincor Nixdorf Asia-Pacific, has been appointed to the executive board of Wincor Nixdorf Group. Mr Lim, 54. is the first Singaporean and also the first Asian to be appointed to the
        73 words
      • 89 33  -  Compiled by LEE KIM SIANG THF second annual SingTel SMS Shootout will be held on Nov 19 and 20 at Ngee Ann City Civic Plaza. Contestants will have to accurately type a 160-character message on their mobile phones in the shortest possible time, without any
        89 words
    • 244 33 Reuters [BOSTONI Japanese security software maker Trend Micro Inc has teamed with PC maker Dell Inc to sell Internet security software to consumers, a Trend Micro executive said on Friday. Terms were not disclosed. In February, the computer maker will designate Trend
      Reuters  -  244 words
    • 893 34  -  &lt;cool stuff&gt; In this mobile era the Tablet PC, surely the most personal of personal computers, is arguably the laptop of choice By KENNETH JAMES COMFORTABLY ensconced in an armchair in your living room in the wee hours of the morning, you hit the
      PHOTOS BY ARTHUR LEE  -  893 words
    • 451 34 AFP [TAICHUNG. Taiwan] Amid the rolling hills of central Taiwan, a massive US$3l billion investment is fast changing a landscape of sugar cane and sweet potato farms into lines of slick towers, which will house the latest in cutting edge technology. That technology will
      AFP  -  451 words
    • <what's new>
      • 82 34 SOFTWARE AG has released new enhancements for its ApplinX legacy modernisation software, including support for the open source Eclipse integrated development environment (IDE), the Fujitsu-Siemens BS2OOO/C)SD operating system, as well as support for more languages such as Arabic, Farsi and Turkish. ApplinX enables legacy applications to be
        82 words
      • 116 34 SONNET Technologies has released its line of iPod replacement batteries, targeted at iPod owners whose devices are out of warranty. The do-it-yourself replacement battery kit comes with instructions and tools for you to attempt the replacement yourself. The batteries also boast a higher capacity
        116 words
      • 144 34 STARHUB has launched a slew of new mobile content including news updates on football clubs Liverpool FC and Arsenal, a mobile drama serial called The Search, and an animated cartoon series called Madfish. The football news updates are available for free to StarHub Mobile post-paid customers
        144 words
      • 77 34 MESSAGING specialist Cipher Trust. has launched the Cipher Trust IronlM security appliance (above), which is able to block, secure and monitor enterprise email and instant messaging (IM) communications via a single management console. Priced from US$7,OOO, the new appliance is also able to log and archive IM
        77 words
      • 120 34  -  Compiled by ROLAND LIM LOGITECH has introduced a slew of webcams, including the Quick Cam Sphere MP (above) which features a motorised camera head that allows the camera lens to track the user's movements. The $269 device also features a 1.3 megapixel image sensor and comes
        120 words
    • 241 34  -  By LEE KIM SIANG SAMSUNG has unveiled several new mobile phones for the fourth quarter, including a model that can port its output to TV and one that uses movement to activate functions. The flagship SGH-D6OO, the successor to its awardwinning DSOOC, boasts
      241 words
    • 930 35  -  &lt;we say&gt; The burgeoning industry needs a stronger, bolder effort in the education space to maintain its cutting edge ROLAND LIM Reporter H m h m y° un B comB m 'V- m gram m e r If Iff from the Masmti mm sac husetts
      930 words
    • 553 35  -  &lt;you say&gt; With businesses evolving much quicker than before, rigid IT approaches hinder rather than help By WING LAM SINCF the early *****, academics all over the globe have been conducting research into IT strategy. The key concept underlying most of this research is
      553 words
    • 215 35 Bloomberg [NEW YORK] International Business Machines Corp (IBM), the world's largest computer services company, will use Google Inc's technology within its own search programs to help clients better find and manage information. The agreement is part of IBM's new strategy, "Information as
      Bloomberg  -  215 words
    • 534 35  -  By ROLAND LIM TAIWANESE smartphone vendor Dopod International last week marked its entrance into the Singapore market with the Dopod 900 and Dopod 838 the first smartphones to feature Microsoft's latest Windows Mobile 5.0 operating system. The Dopod 900, touted as a mini notebook, is also
      534 words
  • Page 32 Advertisements
    • 61 32 Get Results With Oracle Applications "30% increase in plant capacity" (IR) IngersoHfland I t "$lO4 million in savings" ®phium| LG.PHILIPS LCD The Best Companies Run Oracle oracle.com/best or call 1.800.672.2531 Copyright 2005, Oracle. All rights reserved Oracle, JO Edwards and People Soft are registered trademarks of Oracle Corporation and/or its
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    • 12 32 SMARTPHONES Dopod Int'l enters S'pore market with two versatile devices pg 35
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  • Page 33 Advertisements
    • 351 33 Peppers Group a Carlson Marketing Group company Discover Peppers Rogers' most powerful revolutionary method to date to get the most out of your customers. U D A+l KKk A. n r m Return on Customer Creating Maximum Value from your Scarcest Resource" &gt; J::-.: ,'-1 --1 Formerly the CEO of
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  • Page 34 Advertisements
    • 129 34 f AT&T Can yOOf DELIVER REAL-TIME ADVANTAGE. When Team McLaren Mercedes and network wanted a network as sophisticated as their cars, they joined up with the world's networking company. Now with data networking solutions team smell victory from AT&T, McLaren can send crucial real-time race data right from McLAREN MERCEDES
      129 words

  • Page 35 Advertisements
    • 113 35 fl k ■1 ifl 1-Net lets you focus on your core business applications New challenges arise everyday from the phenomenal increase in the use of IT, telecommunications and the Internet. Don't stretch your IT department even further meet these challenges with a full power solution. 1 -Net is a leading
      113 words