The Business Times, 4 November 2005

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Total Pages: 28
1 28 The Business Times
  • 15 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asia 1 .com.sg MICA(P)OB9W3/2005 Friday, November 4,2005
    15 words
  • 703 1  -  Lower deficit of US$2.9 billion results from turnaround in travel and related business last year By CHUANG PECK MING [SINGAPORE] A turnaround in the travel and related business last year helped narrow Singapore's trade deficit in services with the United States to
    703 words
  • 639 1 He warns Congress to get fiscal house in order Reuters AP Bloomberg [WASHINGTON] US Federal Reserve chairman Alan Greenspan yesterday said that the US economy has good momentum, but cautioned that the prospects for keeping inflation under control were more problematic. "Structural productivity continues to grow
    Reuters; AP; Bloomberg; REUTERS  -  639 words
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    • 53 1 exec unsmi 4Jy ECONOMY S poretogrow4.l% this yeanWorid Bank PG2 111 111 8 "*****1 T *****4 J|^B yStoj BERNANKE nominated successor, Ben Bemanke, ''Jr 6T Investment Roundtable panelists Times Ask for you complimentary copy of BT at —QDHH MBus^TMß| 1 any SPC petrol station on Saturday if you weeKena awc
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  • TOP STORIES
    • 729 2  - S'pore economy to grow 4.1 this year, forecasts World Bank WORLD BANK, ADB REPORTS Projection falls within the govt's estimate of 3.5 to 4.5% Reports by CHEN HUIFEN [SINGAPORE] Singapore's economy is likely to grow 4.1 per cent this year, slower than last year's 8.4 per cent clip but a
      729 words
    • 345 2 [SINGAPORE] The World Bank's chief economist for East Asia and the Pacific, Homi Kharas, says bird flu is a shadow hanging over the generally positive economic outlook for the region. "The costs so far have been limited to
      AP  -  345 words
    • 471 2 Offshore LNG terminal better for Singapore SINGAPORE should consider the option of building an LNG terminal offshore, given its congested harbour and limited, expensive land, says Norwegian oil and engineering services giant Aker Kvaerner. Although it has lost out in the bid to carry out a feasibility study
      471 words
    • 582 3  -  Congested harbour, limited land among reasons cited by Aker Kvaerner VP Reports by RONNIE LIM [SINGAPORE] Singapore should consider the option of building an LNG terminal offshore, given its congested harbour and limited, expensive land, says an official of Norwegian oil and engineering services
      582 words
    • 373 3 Singapore's plan to trade LNG could thus be feasible [SINGAPORE] The global market for liquefied natural gas (LNG) is seeing more short-term spot deals, with up to a fifth of trades now done on this basis, says an official of Norway's
      373 words
  • Page 2 Advertisements
    • 273 2 Cy^si K9ongymfyilatt(m6 MR. SUNNY KOH Managing Director of Kfl v Chinatown Food Corp. Pte Ltd Fujian Guanhui Fooa Ent. Co., Ltd ttfe. Executive Director of Honji Foo (2005) Pte Lt lj on being conferred the I 4j£ Public Service Medal (PBM) flat ky His Excellency, the President I j M
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  • Page 3 Advertisements
    • 129 3 /.™dh H <P*****..1.i I.jiwiiw——, —twii ;JIHHIIHHHHHHHiHHHHIHHIiHHIKBII^PIHUPHIHHHH^HiHHHHHBHPfIBHBBHHBHHIIHBHBHBHBHHHBBHi If only all executive decisions were as easy to make. The E-Class. The perfect balance of power and comfort. ►If you're looking for the ultimate seat of power, there's only one place to be -in the cockpit first seven speed automatic transmission for passenger
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  • COMPANY NEWS
    • 674 4  -  HOCK LOCK SIEW By ROLAND LIM THE MP3 war is over. Well, perhaps not completely over, but at least the war cries from Sim Wong Hoo have gone down a few decibels. During a conference call on Creative's latest financial results, Mr
      FILE PHOTO  -  674 words
    • 673 4  -  It needs closer look to prevent anti-competitive behaviour By ANGELA TAN IT HAS been more than five years since Singapore's telecom sector was fully liberalised. But it hasn't been easy for smaller players to make an impact. Macquarie Telecom's president and managing director
      FILE PHOTO  -  673 words
    • 167 4 Bloomberg [WELLINGTON] Southern Cross Cable, a trans-Pacific fiber-optic cable company owned by Singapore Telecommunications Ltd and New Zealand's Telecom Corp, said it made US$2lB million of capacity sales between March .and October. Southern Cross, which began building its cable in 1998, had bank debt
      Bloomberg  -  167 words
    • 504 6  -  IPO proceeds to be channelled into capex and debt reduction By UMA SHANKARI IT started out as a Malaysian company, but Unza Holdings has been headquartered in Singapore since 1987. So it's not surprising that the company, which develops and makes personal
      504 words
    • 374 6 Bloomberg [LONDON] Millennium Copthorne Hotels pic, the operator of 91 luxury hotels including the Biltmore Los Angeles, said profit rose 49 per cent in the third quarter as it raised prices in cities such as New York and Singapore. Net
      Bloomberg  -  374 words
    • 305 6  -  By MATTHEW PHAN SINGAPORE Technologies Engineering, a company renowned for the secrecy that shrouds its military contracts, has enjoyed a rare taste of the limelight by winning the International Asia-Pacific Quality Award (LAPQA) for business excellence. It took a "Best of Class Distinction" in
      305 words
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  • Page 5 Advertisements
    • 829 5 An Advertising Feature ONLYONEC L U B The best of everything is coming to Sentosa Cove. bt exclusive SPH The Business Times Arthur Tay, chairman of new marina club, ONE°IS, believes his club is members already own homes in the I ifAch/IAC Sentosa Cove area. Its exclusivity will also be
      829 words

  • Page 6 Advertisements
    • 194 6 J£' ss? v*«s». I^^^^H^lHl^H^^Hw2BlllF^^^^Hl^H^H^^F^ffWl!^B I US mJ fifl F H B -V'. v y ;%&:*>:'t; \yf^ %fk CRAIG TESEL MARTINE SITBOtt SHEKHAR KAPUB MALCOLM MCLAMN THAM KHAI MOM 108 HWQWOO6 KM KOOLHAAS JOHWIMBUHI Seniof Director, AP Haute Couture Award-Winning Founder Co-Chairman WW Director Award-Winning Author Adobe* Systems Pte Ltd Designer
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    • 21 6 GOOD GAINS Let your investors know by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg.
      21 words

  • SINGAPORE NEWS
    • 430 7  -  Since its launch in 2002, 17,400 have sat for 6 modules run by IBF By LESLIE YEE SINCE the launch of the Capital Markets and Financial Advisory Services (CMFAS) examination by the Monetary Authority of Singapore in December 2002, about 17,400 candidates have sat
      430 words
    • 371 7  -  By OH BOON PING IF HIGH electricity bills are a worry in your business, don't fret. You now have the option of a new technology that is claimed to cut power wastage and costs. It's a gizmo called Hypermizer, which records
      FILE PHOTO  -  371 words
    • 266 7  -  By UMA SHANKARI ASCENDAS yesterday celebrated 10 years in China with the opening of Ascendas Plaza, a flagship office and retail building in Shanghai's prime business and shopping district of Xujiahui. Ascendas also said it will expand at Suzhou Industrial Park (SIP), where
      266 words
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  • ECONOMY WATCH
    • 670 8 NEWS ANALYSIS It's a telling decision to place more weight on keeping inflation expectations at bay Reuters [WASHINGTON] Federal Reserve emphasis on the "cumulative" rise of energy prices in its latest statement is a hawkish hint for future rate hikes as it
      Reuters; AP; Source: Bloomberg  -  670 words
    • 378 8 Consumer spending seen boosting 2005 growth to 9.3% AP [BEIJING] For the third time this year, the World Bank has bumped up its growth projection for China, forecasting a growth of 9.3 per cent. This upbeat forecast follows predictions of 9 per cent in
      AP  -  378 words
    • 381 8 [BEIJING] A leading Chinese economist and member of the central bank's Monetary Policy Advisory Committee has urged the government to allow greater movement in the yuan's exchange rate, says the Financial Times. Beijing has kept the yuan on a tight leash
      381 words
    • 314 8 Reuters [WASHINGTON] The United States warned on Wednesday that a new World Trade Organization pact to liberalise global trade was in jeopardy unless a blueprint is reached next week to reduce farm subsidies and tariffs. Trade ministers from the
      Reuters  -  314 words
  • Page 8 Advertisements
    • 1338 8 :*at^ Kjoticfs 1 1 1 Toll free: 1800-289-8822 Email notices'" sph.com.sg THE COMPANIES ACT. CAP. SO OHM SYSTEMS PTE LTD (In Vol. Liquidation) Co. Rag. No. 1M7056WK NOTICE IS HEREBY GIVEN that the creditors of the above-named Company which is being voluntarily wound up are required on or before the
      1,338 words
    • 375 8 IN THE MATTER OF THE COMPANIES ACT CAP. SO AND IN THE MATTER OF ELITE MATERIAL CO. (S) PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) (Company Reg. No. *****3056R) At an Extraordinary General Meetinc of the abovementioned company, held at 18 Ta-Tung First Roaa, Kuan-Yin Industrial District Tao-Yoan Hsien, Taiwan 328
      375 words

  • MALAYSIA
    • 586 9 Move seen in response to looming hostile takeover [KUALA LUMPUR] Southern Bank Bhd (SBB) Malaysia's second smallest bank, which is being coveted by BumiputraCommerce Holdings Bhd (BCHB) appears to be taking precautionary moves in the face of a looming takeover, Malaysia's Business Times quoted
      BLOOMBERG  -  586 words
    • 457 9 CORPORATE SPOTLIGHT Market expects earnings boost from new plants [KUALA LUMPUR] Malakoff Bhd's full year earnings announced last week missed consensus estimates by about 3 per cent, but investors remain bullish on the group's prospects, especially with its new power plants set to give the
      457 words
    • 664 9 [KUALA LUMPUR] Just a year ago, some analysts downgraded DiGi.Com Bhd for fear that the heightened price war in the local mobile industry would eat into its margins. But, today, the smallest of the three cellular players in Malaysia is fast becoming a darling among
      BLOOMBERG  -  664 words
    • 561 9 [KUALA LUMPUR] THE legend of Lee Shin Cheng talking to his oil palm trees still holds true today. And he speaks to them in Tamil, says Malaysia's Business Times. A planter at heart, Mr Lee grew up in Jeram, Kuala Selangor, and
      561 words
  • Page 9 Advertisements
    • 31 9 I Lianhe Zaobao I I vying for I I slice, of I I construction I I industry I I which remains I lin the doldrums I I I I "aarwrnttamv I
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  • INDIA
    • 438 10 Enhancing infrastructure will boost economic growth by 8-10% Bloomberg [NEW DELHI] India's Cabinet yesterday approved the setting up of a special company to fund power, roads and other infrastructure projects in the country, said Information and Broadcasting Minister S Jaipal Reddy. Finance Minister
      Bloomberg; AFP  -  438 words
    • 729 10 They are using new benefits, strategies and novel approaches to hang on to employees AP A FEW weeks ago. Sierra Atlantic, an outsourcing firm specialising in writing business software, did something unusual. It invited employees at its Hyderabad unit to bring their spouses to work.
      AP  -  729 words
    • 178 10 AP Bloomberg [FRANKFURT] Carmaker BMW AG said on Wednesday that it will build an assembly plant in India and expand its network of dealerships in the country. Munich-based BMW, the world's largest maker of -luxury cars, said the plant, which will assemble 3-se-ries and
      AP; Bloomberg  -  178 words
    • 159 10 [BANGALORE] IBM Corp chairman and chief executive officer Samuel Palmisano is on an unpublicised visit to India, where he is meeting clients, government officials and employees, a news report said yesterday. The visit is the result of IBM's focus on India as
      159 words
    • 327 10 AFP [WASHINGTON] The United States on Wednesday defended its landmark nuclear deal with India, saying it would be far easier to monitor New Delhi's atomic energy activities within the fold of the international regime than outside of it. To make his pitch for congressional approval,
      AFP  -  327 words
  • Page 10 Advertisements
    • 1122 10 ;*AT3 0 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SNP LOGISTICS PTE LTD (Co. Reg. No. *****1442R) NOTICE OF RESOLUTIONS FOR MEMBERS' VOLUNTARY WINDING-UP (PURSUANT TO SECTION 290) At an Extraordinary General Meeting of the members of SNP LOGISTICS PTE LTD duly
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    • 837 10 :*at^ MOTirFS JL 1. 1. V*_> L—< Toll free: 1800-289-8822 Email: notices@sph.com.sg In the Matter of The Companies Act, Cap. 50 And In The Matter of CREASIAN PUBLISHING PTE LIMITED (In Creditors' Voluntary Liquidation) (CO. REG. NO. *****4869W) At an Extraordinary General Meeting of the Company duly convened and held
      837 words
    • 165 10 In the Matter of The Companies Act, Cap. 50 And in The Matter of FORM DV-NET PRIVATE LIMITED (In Creditors' Voluntary Liquidation) (CO. REG. NO. *****0935H) At an Extraordinary General Meeting of the Company duly convened and held at 50 Raffles Place #16-06 Singapore Land Tower Singapore *****3 on 28
      165 words

  • GREATER CHINA
    • 519 11 This will allow govt to retain control yet make bank more efficient: report Reuters Bloomberg [TAIPEI] Taiwan's government plans to sell a 20-30 per cent stake in the Bank of Taiwan, the island's biggest lender, to foreign investors after merging with local banks,
      Reuters; Bloomberg  -  519 words
    • 287 11 Reuters [SHANGHAI] China's Huahong Group plans to spend US$l.5-1.6 billion on a cutting-edge semiconductor factory, only the second such plant in the country, a source close to the project said yesterday. Under plans now being contemplated, imports of equipment for the proposed 12-inch
      Reuters; AFP  -  287 words
    • 563 11 Bloomberg [BEIJING] Larry Yung, chairman of Citic Pacific Ltd and son of a former vice-president of China, retained the top spot on the Forbes list of the nation's richest, a group whose combined wealth jumped by more than a third from last year. Mr
      Bloomberg  -  563 words
    • 166 11 AFP [BEIJING] Chinese state bank reforms have made progress over the past two years but they need to extend beyond just initial public offerings (IPOs), international ratings agency Moody's Investors Service said yesterday. "The state banks need to be transformed into competitive
      AFP  -  166 words
    • 372 11 Bloomberg [BEIJING] China Petroleum Chemical Corp, Asia's biggest refiner, is in talks to take private Sinopec Zhenhai Refining Chemical Co, days after PetroChina Co announced plans to buy the remaining shares in three units. Zhenhai Refining, operator of China's largest refinery
      Bloomberg  -  372 words
    • 411 11 [NEW YORK/WASHINGTON] Citigroup underlined the importance it places on China on Wednesday by appointing Shengman Zhang, a Chinese national and former World Bank managing director, as chairman of its public sector group, the Financial Times reported. Mr Zhang will oversee relations
      411 words
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  • ASIA-PACIFIC/WORLD
    • 579 12 It aims to focus on eight key areas to double sales to US$110b by 2010 AFP Bloomberg [SEOUL] The world's largest memory chip maker Samsung Electronics yesterday unveiled an ambitious plan to become one of top three global electronics giants by 2010. It plans to double
      AFP; Bloomberg; AP  -  579 words
    • 212 12 Bloomberg [LONDON] Takeover target London Stock Exchange doubled its dividend and plans to return £250 million (*****.4 million) to investors as it seeks to win support to stay independent. "The exchange is saying to shareholders 'stick with us, you get the money, why
      Bloomberg  -  212 words
    • 402 12 AP [NEW YORK] Under a barrage of criticism that WalMart Stores Inc is bad for the overall economy, the world's largest company is taking a public look at itself. In an unusual move, Wal-Mart is sponsoring a gathering of noted economists who will debate
      AP; BLOOMBERG  -  402 words
    • 448 12 US DATA Reuters [WASHINGTON] US business productivity surged in the third quarter, far outpacing Wall Street forecasts, and an unexpected decline in labour costs helped ease inflation worries. Non-farm productivity, or worker output per hour, grew at a 4.1 per cent annual
      Reuters  -  448 words
    • WORLD WATCH
      • 112 12 Bloomberg [NEW YORK] General Electric expects as much as US$l.2 billion in savings next year after it consolidated operations into six business units, four times its earlier estimates. The savings will come partly from streamlining administrative functions, vice-chairman David Calhoun said on Wednesday. Chief
        Bloomberg  -  112 words
      • 98 12 LAT-WP [WASHINGTON] Time Warner on Wednesday more than doubled the size of a stock buyback programme under pressure from corporate financier Carl Icahn and hinted that a deal involving its America Online unit appears likely with Google or rival suitor Microsoft. Chairman and
        LAT-WP  -  98 words
      • 83 12 Reuters [NEW YORK] The New York Stock Exchange's regulation arm said on Wednesday that in a settlement it fined investment bank Lehman Brothers Holdings US$5OO,OOO ft)!* -'failing to reasonably supervise trading" in a particular stock at the close of a session on Dec 11,2002. The NYSE
        Reuters  -  83 words
      • 76 12 Reuters [NEW YORK] Hedge fund Millennium Partners is in talks with US and New York state regulators to settle allegations of abusive trading in mutual funds in a deal that could cost the firm anywhere from US$lOO million to US$2OO million. sources close to
        Reuters  -  76 words
      • 58 12 AP [NEW YORK] Fifa awarded US TV rights to the 2010 and 2014 World Cups on Wednesday for a record US$425 million, a 120 per cent increase from previous US deals. Spanish-language broadcaster Univision will pay US$325 million. ABC and ESPN will
        AP  -  58 words
  • Page 12 Advertisements
    • 1274 12 Deutsche Bank 13 DEUTSCHE BANK AG, ACTING THROUGH ITS LONDON BRANCH (Incorporated under the laws of the Federal Republic of Germany) NOTICE TO WARRANTHOLDERS To (1) ALL HOLDERS OF EUROPEAN STYLE INDEX CALL WARRANTS RELATING TO THE S&P AXS 200 INDEX ISSUED BY DEUTSCHE BANK AG. LONDON BRANCH (S&FASX2OO DB
      1,274 words

  • WORLD
    • 606 13  -  Liquidators pull out after judge says creditors won't gain from litigation By NEIL BEHRMANN in London ONE of Britain's longest and most expensive lawsuits collapsed on Wednesday when the liquidators of Bank of Credit and Commerce International (BCCI) dropped their case against the
      606 words
    • 398 13 US$200b earned abroad repatriated to tap tax breaks Reuters [NEW YORK] US companies may be repatriating hundreds of billions of dollars to take advantage of a onetime tax break meant to spur job creation, but few clearly say how they are
      Reuters  -  398 words
    • 337 13 Round-the-World Yacht Race. Leg 2, Race 3, Day 9 Singapore has moved up again to the third position, moving in course with the southern group of Liverpool and Qingdao. As the high pressure system moves off to the east, the yachts have stayed on the port tack to
      337 words
    • Article, Illustration
      42 13 AP [NEW YORK] The owner of a block of four rare 'Inverted Jenny' stamps on Wednesday traded it for a single 18(>8 one-cent 'Z Grill'stamp with an equal value of US$3 million the world's highest-priced single stamp. —AP PHOTOS: AP
      AP; PHOTOS: AP  -  42 words
    • 263 13 Bloomberg [NEW YORK] A listing on the New York Stock Exchange will be cheaper next year for the largest companies such as Exxon Mobil Corp. Smaller companies such as Salton, maker of the George Foreman indoor grill, may pay more. The
      Bloomberg  -  263 words
    • 549 13 Its Macau casino helps drive net income to US$91m Bloomberg [NEW YORK] Las Vegas Sands Corp, owner of the Venetian casino in Las Vegas, was back in the black for the third quarter after it opened a casino in Macau and
      Bloomberg  -  549 words
    • 397 13 Reuters [NEW YORK] The strengthening US dollar signals that investors are feeling better about the US economy, but it also means earnings declines for some companies. US companies can suffer when the US dollar gains ground against foreign currencies because products from overseas
      Reuters  -  397 words

  • AVIATION
    • 597 14 Proposal hopes to give carriers access to new capital, ease aviation talks Reuters [WASHINGTON] The George W Bush administration proposed late on Wednesday to ease some restrictions on overseas investment in US airlines, a move that could give struggling carriers
      Reuters  -  597 words
    • 417 14 LAT-WP [WASHINGTON] The US Federal Aviation Administration (FAA) on Wednesday announced plans to install a new system that the agency says will reduce the chances of aircraft collisions on the nation's runways and taxiways. The new system improves air traffic controllers' ability to spot
      LAT-WP; AFP  -  417 words
    • LOG BOOK
      • 73 14 Bloomberg [SYDNEY] Macquarie Airports, the world's second-largest publicly traded airport owner, has withdrawn its bid for Budapest Airport Rt, two weeks after Hungary's government called on shortlisted bidders to resubmit offers. Macquarie Airports told state-owned Hungarian Privatisation and State Holding Co that it won't participate in
        Bloomberg  -  73 words
      • 91 14 Reuters [BEIJING] China yesterday invited self-ruled Taiwan, an island it claims as its own, to hold talks on opening direct flights ahead of the peak Chinese New Year travel season in early 2006, Xinhua news agency said. In September, Taiwan denied reports that
        Reuters  -  91 words
      • 37 14 Reuters [BEIJING] Beijing airport, China's busiest, has begun a US$24B million expansion as part of a plan to raise annual capacity to 70 million passengers by 2007, an official newspaper reported yesterday.
        Reuters  -  37 words
    • 316 14 NYT [ATLANTA] Delta Air Lines says its turnaround plans should produce an annual profit of nearly US$5OO million by 2007 but first it has to navigate an increasingly tense standoff with its pilots union over a new round of pay cuts. The union's chairman on
      NYT  -  316 words
    • 229 14 Reuters [CHICAGO] The union representing flight attendants at Northwest Airlines said it would agree to temporary concessions worth US$ll7 million to the bankrupt airline in exchange for more time to negotiate a new labour contract. The proposal would allow the airline to achieve
      Reuters  -  229 words
    • 110 14 AP [HONG KONG] Cathay Pacific Airways flight attendants are accusing the airline of infringing on their privacy with new sick leave rules requiring them to disclose their medical records to the company. But Cathay Pacific denied the allegation, saying it has just stepped up
      AP  -  110 words
    • 296 14 AFP [OTTAWA] Air Canada returned to profitability, topping all North American carriers to post a Cs27o million (Ss3BB million) profit in its third quarter despite soaring fuel prices, the company announced on Wednesday. Parent company ACE Aviation Holdings Inc reported
      AFP  -  296 words
    • 167 14 Bloomberg [LONDON] Ryanair Holdings Pic, Europe's biggest discount airline, plans to offer in-flight gambling by 2007 as fare cuts prompt the carrier to look for revenue from other businesses, chief executive Michael O'Leary said. Ryanair will probably add gambling to the airline's website by
      Bloomberg  -  167 words
    • 906 14 CITY FLIGHT ETA FUGMT ETD 6,5,5 *1825 9® c K® i9io BG84 1755 SQ436 2030 ™&gs I III m Doh m 5C HI MT5 Bub#i SSIR i m 8iii m 11 m U i Sip L mim |11 ml jjj gTSO II jjg g|jj| om m
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  • SHIPPING
    • 795 15 Boost in port expansions will outpace demand, say some Reuters [SHANGHAI] For global shipping lines, China was a dream come true. The question is: How long it can last? Top executives of lines from AP Moeller-Maersk to Cosco Holdings Co Ltd argue
      Reuters  -  795 words
    • 698 15  -  ADMIRALTY CASEBOOK By SELVA KUMAR THE Court of Appeal in England last month upheld a decision of a lower court that a charterer only had to pay damages from the time it terminated a charter until the outbreak of the Iraq war
      698 words
    • 572 15  -  By DONALD URQUHART [SINGAPORE] Trans-Pacific container carriers including Neptune Orient Lines' APL say US inter-modal delays have reached a week as the current peak season hits its apex. "Asia cargo may be flowing more smoothly through West Coast port terminals than it did
      BLOOMBERG  -  572 words
    • 496 15 Bloomberg [HONG KONG] Qinhuangdao Port Group, which manages China's largest coal port, said it will expand capacity 45 per cent by the first quarter to meet increasing energy demand. The harbour is adding six berthing terminals to boost its annual handling capacity to 209
      Bloomberg  -  496 words
    • 295 15 SGX '000 Wo»? Vol CH Offshore .0 37 -0.01 80 Chuan Hup j0.79 •-0.01 567 Cosco Corporation .2.29 0.09 6451 CWT Distribution .0.81 -0.03 121 EzraHldgs 1.36 -0.01 3100 Freight Links 0 07 0.01 172 Grand Banks Yacht 0.92 0.01 2 Jaya Holdings 1.33 -0.01 168 K1 Venture
      295 words
  • Page 15 Advertisements
    • 93 15 ASIA PACIFIC FOOD CONFERENCE in conjunction with ASIA PACIFIC FOOD EXPO Regional well-known specialists to address topics on food export markets: Keynote address: The Singapore Food Industry in the 21st Century Challenges and Opportunities M Managing Business Risk and Cashflow Packaged Food Retail Trends India Food Market Branding your Customer
      93 words

  • EDITORIAL & OPINION
    • 520 16 EDITORIAL THAI Prime Minister Thaksin Shinawatra makes a crucial visit to the country's restive southern provinces this weekend and will get a first-hand view of whether his hardline approach to tackling what he considers a law-and-order problem is working. The premier, who has shown himself to have
      520 words
    • 1221 16  -  But its plan to lure investors to build three pulp mills on Borneo faces stiff opposition By DONALD GREENLEES IHT BUOYED by demand driven mainly by China and India, the Indonesian government is trying to revive investor interest in its pulp and paper
      IHT; BLOOMBERG  -  1,221 words
    • 756 16  -  THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group THE scramble by congressional Republicans and White House officials to show they're serious about dealing with the US budget recalls the classic 1950s novel The Catcher in the Rye whose main character, Holden Caulfield,
      The Washington Post Writers Group  -  756 words
    • 1429 17  -  The Danish model emphasises the quality of human resources, from kindergarten level to life-long learning By JOERGEN OERSTROEM MOELLER TIIK recent World Economic Forum report on global competitiveness listed all five Nordic countries among the top 10. Finland was ranked one, Sweden three, Denmark four,
      BLOOMBERG  -  1,429 words
    • 296 17 THE labour market in Europe is often criticised for being rigid, and acting as a barrier to geographical and social mobility. This is certainly true for some European countries. However this criticism normally voiced by American economists overlooks the fact that political preferences
      296 words
    • 864 17  -  By JOAN OLECK DID your usual one-hour commute just turn into two? Has your cutthroat job left your life in shreds? Paul Stiles feels your pain. Has your American dream become a nightmare? Do you toss all night fretting about job security (obsolete),
      BLOOMBERG  -  864 words


  • 6276 18 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES in local run Is Si Hi USt %&t %«hr **y *r **ov 2 lnd»A Change Change Oxnqe Oinga Chng« Chug* World Index Prefimmaiy 919.5 06 75 0,7 |J ft? 23 I EAFE Preliminary 902.0 03 168 04 49 07 43 turopePieliminary 1208 6
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    • 1275 20 wwvK.hamburgsud.com I ASIA SCRVICI SLING 1 (EXPORT) ASIA StKVICE SUNG 2 (EXPORT) ETA [TA Vwsri/Ytyy SINGAPORE OURiAN SEPETIM SANTOS ITAJAI PARANAGUA VwMl/V.rm SINGAPORE lUEMOS AMES lIP GRANM SANTOS SEPCTWA Woiko Bahia 502W 09/11 20/11 30/11 01/12 03/12 04/12 Nmshiro 047W 12/11 OVI2 01/12 10/12 11/12 Conti Malaga 011W 16/11 27/11
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    • 1323 20 rasa YOY SIN JKT HKG KHH INC KYH WJS VESSEL VOY SIN JKT SUB HKG USN PUS HY PtOGKESS 104S 17/11 lt/ll 24/11 26/11 21/11 30/11 30/11 KMTC SINGAPORE SISS "t/iT 9/11 10/11 15/11 19/11 "ioTTT HY BUDGE IMTM/H" 07/12 07/12 KMTC JAKARTA 51SS l/lT 16/11 "wil" 22/11 26/11 27/11
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    • 718 20 m a aas& WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS VESSEL VOY SIN P-KIAXC COLOMBQ N. SHEVA COLOMRO HOWUHHtIDGt 0046W 31 OCT 01 NOV 05 NOV 06 NOV 11 WW BEEHfig YPwS7ToTNir~MNSr 11 NOV ~unsv~ i;nov INDIRA KANDHI OOTBW 14 NOV IS NOV liM
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  • Page 21 Advertisements
    • 1135 21 WAN HAIMIERNAIIONAL PTI LID ami4MS9MOOO/R W\WAN HAI LINES V V TTWI lIFII rKlbmiMtMin&mSXßMni^MlliMlMbMDNMf V JOHIH; (07) 251HJ3 FAX: (07J2511W1 SMIH:|HI) J2fM7IMI:|UI)]ItZ7I4/JIfIWi u-i «TM:|KI)S2S4IMFU.mi)I2M7Mnji«:7IUM/714ai NULHUTt 41Climi!»l) 4HWB/4MWW I!"I M I M -M, ——fiS S Eg SK iro m *w$ wo m IWAH HAI 211 Mil 04/11 04/11 04/11 04/11 13/11 Ivll
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    • 125 21 G E^ GEN,K l,nes I As Agents: CROSSEAST SHIPPING PTf LTD operator code GK CR NO: 778 3202 OOOOM lei: 6327 1788 Fax: 6327 1588 unofc booldng'fficroßaoil mm-sg WtBSfH. www.gwiAdcom.my KUCHINO WEEKLY WEDNESDAY SAILING BINTULU 2 SAILINGS GENIKIJOHOR GJI72E 01/11 03/11 04/11 04/11 GENIKIJOHOR GJI74E 00/11 Of/11 10/11 12/11 13/11
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    • 645 21 vissa wr s« poo vtsia vot aw jkt PACIAMOA 15MM 02/11 557T1 PAIMftAII WM QS/ll 0»/ll SSLm 41MC M/U Win ffi"" M fj/ ;o/ j PMMHOA 1593* 04/11 04/11 »C—IW 9124 12/11 rAC PAWPA UM BSZIJ PS/11 4ig— jfl :^4jj= lisa bzij >7/11 gjgy jr^? wan _MMt_ wn «ai_ jgBB
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    • 343 21 Linr braokbulk »rvke S.E. AWUSA vke who SPECIALISE IN HEAVY UFTS A PROJECT CARGO EAAIAO MOOUMB IOHn Um, WC (a*. La* Vltw. Wi*i|li Pwrtwtin ■aOHMRT UOO Opai hr War frt <Mf*t •■9 AKNM Ohtn par* m USA Atone* Cambman South America an mAement. MNOtfORI MALAYSIA Hiop Wooo Shippbg (S) Pto
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    • 693 21 <-» MYANMA n FIVE STAR UNE (Myamar Natioaal Um) Loading for YaNgoN vissa VOY SIN PU PEN PGU PAGAN 341W SU> PAGAN 349W SID IN MALAYSIA: lOUSTEAO SHIPPING AGENCIES KUI/PRL 03-300 SUM PEN: 04-*****15 MKKtKk ACCEPTma comvemtiowal cqo VESSa VOY HKG SM PGU PU KIK UONHEAIT 139 SLO SU> SLO
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  • THE BUSINESS TIMES SHIPPING TIMES
    • 8717 22 ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Desfn Name Nana NMbar Number SIN Dest'n Nan Name Number Number To BELAWAN (BLW) 2047 Indonesia To ABIDJAN (ABJ) 2003 Cote D'lvoire 1lm )9m Kl OCEAN LEO 62 *****555 14/11 19/12
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  • Page 22 Advertisements
    • 194 22 Taiwan KEE KHH TX \Weekly Consol Service/ E9 v_ usa A IPI via LAX NYC (MLB/AWS) HUB MARINE PTE LTD BOOKING: *****375/716 MAINLINE: *****866 FAX: *****066 OPR CODE "DZ" CR NO **********0Z MARKETING SALES: KELVIN CHUA: *****535, MEUNA LEE: *****157 FT lOAWQ VPQgj YANQON: MIP yPQW KUCHHO. SBU VESSEL VOYAGE
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    • 438 22 I iPk FREICHT LINKS EXPRESS PTE LTD II 51 Penjuru Road, 3rd Level, II Freight Links Express Logisticentre, Singapore *****3 SOUTH AMERICA Cr CHILE sSIMKmI I AQABA BUENOS AIRES SANTOS RIO GRANDE RIO DE JANEIRO VALPARAISO CALLAO CANADA fe ALEXANDRIA MALTA MAHE GENOA .PANAMA CEBU DALIAN HONG KONG JAKARTA QINGDAO
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  • WINE
    • 1163 24  -  N K YONG explains some dos and don'ts in this concluding part on wine tourism N K YONG SO you've done your homework and planned your big wine tour. Now what? It may seem trivial, but dressing right is important. And we don't mean you have to
      REUTERS  -  1,163 words
    • 1077 24  -  TASTING NOTES By I RANDY SEE ALL sommeliers have favourite wine regions, even though they can change from time to time. I remember having a soft spot for Champagne as a junior sommelier, before being amazed by the diversity of the Italian regions. My latest love, though, is
      1,077 words

  • EPICURE
    • Article, Illustration
      1689 25 Michelin's verdict on restaurants in New York City was a surprise to both winners and losers alike NYT IT may have been only one more review among many, but when Michelin announced its first ratings for restaurants in New York City yesterday morning, superstar chefs and proprietors
      NYT; AFP  -  1,689 words
  • Page 25 Advertisements
    • 143 25 Australia's Premier Property Investment finance specialists will show you how you can take the ulative aspect of property investing out of the equation! n: secrets th«t Property Marketers do not want you to know. over: n to get positive cash flow. y you want Capital Growth. itai yield v Capital
      143 words
    • 7 25 Jp®ssB3iaHhk^^StiE3VHH^|j|^^^^^^BVi^^jFi^Hb>:Kd^HK i jj^^^^ \|F J lj<3s 1
      7 words

  • ARTS
    • 821 26  -  THEATRE The unpretentious staging follows the straighfowardness of the original short stories while subtly questioning what lies beneath, says PARVATHI NAYAR PARVATHI NAYAR TO THOSE who love the stage, Chicago is one of the leading theatre meccas of the world. Aficionados talk of how theatre
      821 words
    • 333 26  -  THEATRE By SANGEETHA MADHAVAN MODERN Dance for Beginners isn't one of those productions that revolve around dance. Rather, it is about that complex shuffle that makes up man-woman relationships. Not much has changed since Escape Theatre's 2003 restaging of the 2002 play by British
      333 words
    • 425 26  -  MUSIC By EUGENE DAIRIANATHAN WHILE Western pop is often fused with "exotic" Asian elements to give it that chill-out beat now commonly known as "Buddha bar" music, traditional religious Malay music has also been updated to make it more appealing to the younger
      425 words
    • 236 26  -  By MATTHEW PHAN A FORM of classical Iranian poetry that has since become an integral part of Indian and Pakistani culture the ghazal will be performed at the National University of Singapore Cultural Centre tomorrow evening. A ghazal, which means "talking to women"
      236 words
    • 498 26  -  By PARVATHI NAYAR BEYOND 2005's list of international speakers blueblooded creative pedigree included is colourful in itself. What makes them relevant to Singapore is that they were selected, keeping in mind Singapore's creative industries and the fillip they needed. Such as our local nascent film
      498 words

  • CINEMA
    • 465 27  -  By JAIME EE ££VER wonder why most superheroes speak with an accent, not Brit--sh? Ahh. That's because 3he international Superhero Convention dictates iftat heroes from England rjV nearby, like Middlepgarth, have to go through Hgut-wrenching trials and
      465 words
    • 621 27  -  Director Prachya knows what the viewers want, and has delivered it in the most direct manner possible in his new action-packed movie, says GEOFFREY EU GEOFFREY EU VIEWERS who first witnessed Thai man-turn-ed-martial arts phenom Tony Jaa's explosive screen debut in Ong-Bak
      621 words
  • Page 27 Advertisements
    • 422 27 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
      422 words
    • 60 27 MERITUS MANDARIN SINGAPORE BEST Fresh oysters, delectable lobsters, KT savoury honey-glazed ham, Prime v Rib of Beef and many more mouthwatering dishes to leave you spoilt for choice. py Reservations: 6831 6271/72 §!w TBRE3 MERITUS MANDARIN <**«« A division of Overseas Union Enterprise Limited (Company Registration No *****0050E) 333 Orchard
      60 words
  • Page 27 Miscellaneous
    • 189 27 CRYPTIC CROSSWORD 1 concerned about it DOWN in 9 weariness (9) YESTERDAY'S SOLUTION 1 Novel feature of house men- 8 S' S SS Across: 1 Widespread, 9 Rail, 10 tioned by estate agent? (1,4,4, I Scorecards, 11 Panama, 12 Cad--1,4) n/1 ng lse! (4 7 L dies, 15 Staples, 16
      189 words

  • executive lifestyle
    • 1290 28  -  The upcoming Beyond 2005 summit aims to develop Singapore as a hub for creativity and innovation, reports PARVATHI NAYAR PARVATHI NAYAR DIENNALE meets Davos a.k.a creativity meets business. This seemingly un- likely mating of arts and commerce has M given birth to Beyond mmr 2005:
      YEN MING JIIN  -  1,290 words
  • Page 28 Advertisements
    • 52 28 BEY#ND 200 THE GLOBAL SUMMIT FOR CREATIVE INDUSTRIES The iconic line-up f Pg 26 WM guest ch^l^ For reeervabons, please call 6416 7113. fl EXO GRAND HYATT SINGAPORE it Jf ,J^kM& 10 Scotts Road Singapore *****1 jgtfM TELEPHONE 6738 1234 FACSIMILE 6732 1696 Singapore grand.hyatt.com O 2005 Hyatt Corp Reg.
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    • 5 28 WINE through vineyards PG 24
      5 words