The Business Times, 14 November 2005
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2005-11-14
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The Business Times
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Title Section15 2005-11-14 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http^/business-time&asial.com.sg MICA (P) 089/03/2005 Monday, November 14,200515 words
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Article, Illustration614 2005-11-14 1 DANIEL BUENAS - But there are signs economic expansion is likely to peak in the next quarter By DANIEL BUENAS [SINGAPORE] Singapore's domestic economy expanded faster than the global economy in the third quarter of 2005, and firms here remain as optimistic over business prospectsSource: BT-GBI Business Climate Survey - 614 words
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Article135 2005-11-14 1 MARKETS Week Chge STI 2266.03 -0.49 KLSE COMP 898.35 -15.57 NIKKEI 225 *****.06 +79.10 HANG SENG *****.60 ....+154.81 SET INDEX 690.45 -15.78 JAKARTA COMP ...1028.98 -35.97 MANILA COMP ...2092.68 +60.98 TAIPEI TAIEX 6075.26 ....+163.52 SEOUL COMP 1256.12 +34.14 SHENZHEN B 195.94 +3.10 AUSTALLORD 4516.80 +48.50 DOW JONES *****.04135 words
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562 2005-11-14 1 LESLIE YEE - Bulk of revenue rise will come from annual listing fees By LESLIE YEE [SINGAPORE] The Singapore Exchange (SGX) could be looking at an additional $15 million in annual revenue from its increase of listing and processing fees for equity securities, according to562 words
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Page 1 Advertisements
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Advertisement11 2005-11-14 1 COPPER RACE iiiiiiiiiiiiii^^ 8II! II '7/jMIb i A b'tos ..'i';,...' i11 words
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Advertisement9 2005-11-14 1 New chief of Crazy Horse rides into town PG39 words
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Advertisement7 2005-11-14 1 BizlT Hie need for IT governance PG327 words
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Advertisement12 2005-11-14 1 DiNING 001 and Puffer y 2^ V vk r YV "liHi J|..'12 words
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Advertisement9 2005-11-14 1 WALL STREET INSIGHT Oil's M fuelling the rally PGI79 words
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TOP STORIES
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Article, Illustration893 2005-11-14 2 CHUANG PECK MING - PwC global study shows poor reintegration leads to high turnover By CHUANG PECK MING [SINGAPORE] Employers go to great length to get their staff to take on an overseas posting but tend to neglect them when they return, resulting in aSource: PncewaterhouseCoopers - 893 words
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Article563 2005-11-14 2 Crazy Horse poised to go global with new owner CRAZY Horse Paris has a new owner and he has just rode into town to oversee the final touches to the company's latest venue at Clarke Quay. Belgian businessman Philippe Lhomme, 45, whose holding company Franklin also has businesses563 words
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Article, Illustration536 2005-11-14 3 ARTHUR SIM - By ARTHUR SIM ISINGAPORE) Crazy Horse Paris has a now owner and he has just rode into town to oversee the final touches to the company's latest venue at Clarke Quay. Belgian businessman Philippe Lhomrne, 45, whose holding company Franklin alsoARTHUR LEE - 536 words
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483 2005-11-14 3 DANIEL BUENAS - Vietnam comes in second, Indonesia and Malaysia tie for third place By DANIEL BUENAS [SINGAPORK] China is the top investment destination of choice for the next two years by Singapore firms, with Vietnam coming in second and Malaysia and Indonesia tied for483 words
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Page 2 Advertisements
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Advertisement402 2005-11-14 2 \M x i c^fi 1 vJ^^Hl ■pi- ,:iI»H^H Sole Distributor: serangoon Appollo Sellappas Mega Department St Gold Mart 3 Campbell Lane, 153 Dunlop Street Tel: *****691 Bhatia Brothers Pte. Ltd. 1 North Bridge Road Bharath Watch Pte Ltd 172, Serangoon Road Tel: *****029 #01 -36 Hiqh Street Centre Tel: 6339402 words
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Advertisement719 2005-11-14 2 j 'fi tt ll m I m Congratulations to Our Graduates Dean'? List Bachelor of Science (Hons) In Finance Bachelor of Science (Hons) Master of Science in Finance Lum Sow Fong In Information Technology Simon John Walker Bachelor of Science Thomas Sit Master of Science in Human (Hons) In Management719 words
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Page 3 Advertisements
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Advertisement455 2005-11-14 3 BT ONLINE BT print subscribers get free access to the Business Times Online. To activate your account log on to http://business-times.asial .com.sg. For more information, e-mail btocs@sph.com.sg or call 6388-3838. "Positioning and Repositioning for Success" k k i 29 &30 Nov. -1 Dec. 2005 MT^I aj j u JW Marriot455 words
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Advertisement396 2005-11-14 3 Q A -3fl #9 jjfl mJH Hk jH Ife Hfr v'v,\V'>.' >"« i JFf •rJHB i >;' -fr- fS^H f>kT3?^HT^ni!TWCi^^Tt7A^fTf7lu [».fj™ I Qs Why do wealthy individuals need a proprietary, holistic wealth management process? >4: High-net-worth clients have many more opportunities and challenges than other parties. So a process designed396 words
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SINGAPORE MARKETS
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Article, Illustration630 2005-11-14 4 R SIVANITHY - STOCKS R SIVANITHY Senior Correspondent A FORTNIGHT ago, this column featured the first couple of broking reports that have attempted to forecast what 2006 might hold in store for stockmarket investors. The tentative conclusion then was that things would probably be much630 words
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319 2005-11-14 4 CURRENCIES AFP [HONG KONG] Asian currencies ended last week relatively stable against the US dollar, but dealers said the greenback will remain strong amid expectations that the US will continue to hike key interest rates. Japanese yen: The yen remained stable to soft duringAFP - 319 words
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Article765 2005-11-14 4 f«l—m b Bitnki Pay N)I«UI b Beaks fay <ct«l <H dwt da*» kH <aft» dm #ata Ad« Integrated Mfg 25c 023 HNn Utow fttto MTOC»fti2Sc I 100 ISM» tftto. J«M» Amt<* InjjXX Jj 00 18M» 21M» NacsleelSOt 1(1 ***** Sib ftMo. »l« Amlrt fngg 20: f 200 OTMm765 words
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356 2005-11-14 4 COMMODITIES: WEEKLY ROUNDUP AFP [LONDON] World oil prices plummetted to a near-four month low point last week, below US$57 per barrel, mainly owing to the absence of wintry weather in the US north-eastern region. Copper hit a historic high amid tight supplies,AFP - 356 words
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Article, Illustration1642 2005-11-14 4 Consensus No.of Forecast Mean Fri's Consensus No.of Forecast Mean Fri's recommendation esti- EPS PE target price recommendation esti- EPS PE target price Company name This writ Last mth mates (cents) (ratio) price Company name TNswk Lastmth mates (cents) (ratio) price Allgreen Properties 2.11 2.11 9 5.91 22.17 1.421,642 words
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Page 4 Advertisements
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Advertisement92 2005-11-14 4 WEEK AHEAD New Listing of China Hongxing Sports, Nov 14 Amtek Engg rights issue, ex-date Nov 18 Hartford rights issue, ex-date Nov 18 Jackspeed's dividend payment, Nov 15 Tai Sin's dividend payment, Nov 15 Lasseters' dividend payment Nov 16 BIL Intl's dividend payment Nov 17 Spindex Ind's dividend payment Nov92 words
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COMPANY NEWS
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508 2005-11-14 5 OH BOON PING - Operations in S'pore outlets and across the region benefit from surge in consumption By OH BOON PING EARNINGS of listed retailers have rebounded strongly for the quarter ended Sept 30, thanks to strong sales in their Orchard Road outlets and a surge in conspicuous consumption across508 words
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598 2005-11-14 5 R SIVANITHY - HOCK LOCK SIEW By R SIVANITHY SINGAPORE Exchange boss Hsieh Fu Hua, in a speech last week, correctly pointed out that having good investor relations (IR) is essential in ensuring good corporate governance. This is because in theory at least, good governance598 words
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Page 5 Advertisements
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Advertisement327 2005-11-14 5 INITIAL PUBLIC OFFERING Vtafc* ws HOE LEONG i MI A manufacturer and distributor of equipment parts for both heavy equipment and industrial HH v f machinery such as bulldozers and excavators to Mmm, 4 over 1,200 end-users as well as distributors in Singapore and overseas markets/regions such |SfiL as Indonesia,327 words
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SINGAPORE MARKETS
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Article, Illustration1255 2005-11-14 6 TEH HOOI LING - TEH HOOI LING Senior Correspondent IN an increasingly uncertain market, investors are flocking to "quality" stocks. Compared with two weeks ago, only the analysts' upgrades portfolio managed to eke out some gains. It rose a respectable 2.7 per cent, but its performance still paled in1,255 words
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Article, Illustration1140 2005-11-14 6 ROBERT HALILI - INSIDE MARKET But $200 million purchase by Templeton Global in Venture Corp boosts total buy value, notes ROBERT HALILI ROBERT HALILI TRADING activity by directors and substantial shareholders remained low last week. On the buying side, 24 shareholders of 23 firms recorded 451,140 words
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COMPANY NEWS
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398 2005-11-14 7 UMA SHANKARI - It will provide sludge treatment in Belgium and Poland; eyes east Europe next By UMA SHANKARI KEPPHL Corporation has introduced two pioneer projects to Europe. Through its environmental engineering unit Keppel Seghers, the company has won two contracts worth $4.5 million in Belgium and398 words
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Article, Illustration419 2005-11-14 7 LEE KIM SIANG - It has also incorporated a subsidiary for one million baht By LEE KIM SIANG SEKSUN Corporation Ltd, which makes high-preci-sion metal components and provides electronics manufacturing services, will be investing $22 million to build a manufacturing plant in Thailand. This will be theAZIZ HUSSIN/ST - 419 words
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Article, Illustration438 2005-11-14 7 RONNIE LIM - By RONNIE LIM HIGH oil prices plus increased production from its Jasmine oilfield in the Gulf of Thailand sent Pearl Energy's third quarter net profit soaring to a record U557.47 million from just U*****,000 in the same quarter last year. But the438 words
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349 2005-11-14 7 SIOW LI SEN - By SIOW LI SEN CASH-strapped LindetevesJacoberg Ltd said thirdquarter 2005 losses ballooned to $40.6 million from a loss of $150,000 for the same period in 2004 as a lack of capital shrank operations. The mainboard-listed company also said it expects to receive in the349 words
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327 2005-11-14 7 ROLAND LIM - By ROLAND LIM KOREAN mobile software solutions provider Oniontech Limited aims to raise $9.24 million through its initial public offering here. This consists of 42 million new shares at $0.22 each, of which 2.1 million shares will be offered to the public,327 words
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Page 7 Advertisements
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Advertisement118 2005-11-14 7 i I Fly Club World and get one leg upgraded*' yM j fen ..^^^^u^aaiA^^^^ftiaßlitMMMiiiMißM^te^^-^v.' Fly to London, Sydney or Melbourne and you'll receive a complimentary upgrade qq |TIC LI A IDU/AVC from Club World business class to FIRST. Visit ba.com for details, or call your travel agent. Blvl I liH118 words
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VIEWS FROM THE TOP
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Article, Illustration2610 2005-11-14 8 THIS WEEK'S TOPIC What contingency plans, including guidelines for travelling executives, do Singapore firms need in order to safeguard against the threat of bird flu? HAVING gone through Sars, I think Asian businesses are more aware of just how disruptive a pandemic can be. However. Sars provedImage of the H5N1 virus (seen in gold). Photo: Reuters - 2,610 words
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Page 8 Advertisements
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Advertisement70 2005-11-14 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 executives70 words
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Page 9 Advertisements
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Advertisement155 2005-11-14 9 Call for Nomination My omini,i nis: My I>ir,icuUrs: Ihe SCA Best Investor Relations and the Chief Financial Officer of the Year Name: Name: Awards categories are open for nomination. Pick up your pen now. Designation: Designation: Best Investor Relations Award Presented to deserving listed Company: Company: companies which embody the155 words
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Advertisement14 2005-11-14 9 HAVE YOUR SAY MatAtyMttAflf umn pagesr snort your views by writing lo bdfttei Osph.coffusg14 words
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SINGAPORE NEWS
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Article, Illustration518 2005-11-14 10 AL R DIZON - 'Uniquely Singapore' also advantaged by lighter crew By AL R DIZON KEPPEL FELS' Keith Teo, a Uniquely Singapore crew member who sailed in the Liverpool-Cascais-Salvador leg of the Round the World Yacht Race, says the way the518 words
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Article246 2005-11-14 10 DATE/ TIME EVENT VENUE 14 Nov Environmental Shangri-La Hotel's, 9.00am Achievement Awards 2005 Tower Ballroom (B) Presentation Ceremony 14-15 Nov 'Celebrating Knowledge: Inter-Continental 8.30am The Power and Potential' Hotel Conference 15 Nov Learning Mandarin Forum The Plaza, Level 1, 2.00pm 2005 Is Mastering Both National Library English and246 words
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469 2005-11-14 10 CHEN HUIFEN - HVS cleaning systems target diverse industries By CHEN HUIFEN WITH the help of elastic balls that look like tiny sea urchins, a local company has devised a system it says could help companies cut energy consumption by up to 35 per cent. HVS469 words
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Article358 2005-11-14 10 Al R Dizon - Round-the-World Yacht Race. Leg 2 Race 3, Day 19 Al R Dizon BETTER winds returned over the weekend to the relief of die Clipper fleet as the Salvador to Durban leg of the Round-the-World Yacht Race reached its 19th day and edged closer to its destination city. But358 words
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Page 10 Advertisements
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Advertisement242 2005-11-14 10 Get a Leading Edge I Kr Q X Your sailing schedules get wider attention in The Business Times shipping pages J Call Bernard Ong at 631 9-1 645 or Michael Chng at 631 9-2062 m _T*iu»e!»e SHIPPING TIMES Diners Club Card Bw World of Exclusive Privileges Treats Diners Club OV242 words
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Advertisement29 2005-11-14 10 Arguably Singapore's I BEST A selection El of TOP K Australian fcJ wines VP Distributor of Fine Wine* 40 Holland Grove Road Singapore *****1 Tel: 6462 0053/*****170 Email: le.vigneQpacific.neLsg29 words
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Advertisement58 2005-11-14 10 In celebration of the white try&e season 1 Savour the «jfluisite creations by Greco from JAthjpi\\ 26th November 2005 For cqotV details on tflhu and reservations, please call 6233 1133 or'Sfhail pontmi^grandcopthorne.com.sg U GRAND COPTHORNE WATERFRONT HOTEL SINGAPORE 392 Havdock Road Singapore *****3 Telephone (65) 6733 0880 Facsimile (65) 673758 words
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DINING OUT
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Article, Illustration1698 2005-11-14 11 Desire The Scarlet 33 Erskine Road. Tel: 6511-3323 TALK about being fashionably late. It has been precisely a year since The Scarlet made a colourful appearance on the boutique hotel scene but barely a week since Desire, the hotel's restaurant, was officially launched. It has been1,698 words
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Page 11 Advertisements
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Advertisement31 2005-11-14 11 I PHHi S*I»N«G«A«P»Q»R»E Terms and conditions: While Stock Lasts. Not applicable with other promotions, discounts loyalty programs. Payment have to be made by UOB Credit Card during reservation. Reg No. *****0026Z31 words
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Advertisement18 2005-11-14 11 DINING OUT A sponsored series on fine dining experiences brought to you by UOB Credit Card lli I;,:18 words
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BT-CITIBANK YOUNG INVESTORS' FORUM
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Article, Illustration893 2005-11-14 12 CHEN HUIFEN - Many people have the impression that banking is just a high-paying clerical job. But the truth is far from it, a CitiGold relationship manager would have you know. Apart from having investment solutions at your fingertips, a lot of it has to do893 words
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Article, Illustration638 2005-11-14 12 KELVIN SAM - CAMPUS LIFE Two SMU students tell KELVIN SAM how an exchange programme in Milan has changed their lives KELVIN SAM NADIA Lajam and Fiona Angelica are counting the precious days remaining before they leave Milan. Both Singapore Management University (SMU) students are on a four-month exchange programme with638 words
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Page 12 Advertisements
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Advertisement252 2005-11-14 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 have252 words
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ECONOMY WATCH
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Article, Illustration501 2005-11-14 13 He calls for detailed plans to ensure stable oil supplies, curb price volatility Reuters I ABU DHABI US Knergy Secretary Sam Bodman on Saturday called on Clulf producers to spell out their plans to expand production capacity. Mr Bodman, on aReuters; FILE PHOTO - 501 words
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254 2005-11-14 13 Bloomberg IRIYADMI Saudi Arabia, the world's largest oil producer, may struggle to adapt to a flood of cheap imports from countries such as China when it joins the World Trade Organization (WTO) after more than 12 years of talks, a tradeBloomberg - 254 words
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Article, Illustration460 2005-11-14 13 AFP. Bloomberg IWASHINGTONI The US and China may have securod a hard-fought deal on textiles, but President George W Bush still has a battery of complaints to level on the trade front when he visits Beijing this weekend. Mr Bush, who headsAFP.; Bloomberg; Source: WSI/Chma General Administration Of Customs - 460 words
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Page 13 Advertisements
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Advertisement11 2005-11-14 13 jfcybrft iff Itf JR"' I B 'fj 11 i I 11111 words
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MALAYSIA/INDONESIA
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Article, Illustration576 2005-11-14 14 S JAYASANKARAN - Why M'sia needs to raise interest rates —now MALAYSIA INSIGHT A longer delay will widen interest differential with US and risk mass selldown on the ringgit S JAYASANKARAN KL Correspondent Mtral bank should er. It says it does not want to raise interest rates because it wants all out first.576 words
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402 2005-11-14 14 Analysts call for new ministers with good political links AP [JAKARTA] Indonesia's President Susilo Bambang Yudhoyono's plan for a long-awaited Cabinet reshuffle has fuelled expectations of changes in his government's economic team. But analysts caution that markets would be wary ofAP - 402 words
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219 2005-11-14 14 AFP [GOMBAKJ Malaysia's opposition Islamic party urged Indonesia to show proof that slain Islamic militant Azahari Husin had been behind terrorist bombings. "We oppose all forms of violence," Abdul Hadi Awang, president of the Pan-Malaysia Islamic Party (PAS), told reporters here while condemningAFP - 219 words
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334 2005-11-14 14 Senior managers will take 15-30% pay cut from Dec 1 Reuters [KUALA LUMPUR] Senior managers will take a pay cut as national carrier Malaysian Airline System (MAS) accelerates a costcutting drive to help its precarious financial performance, the carrier said in a noteReuters - 334 words
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Page 14 Advertisements
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Advertisement1162 2005-11-14 14 jgf k NOTICES IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF EmSys Ventures (Asia) Pte Ltd (In Creditors' Voluntary Liquidation) Reg. No. *****2116 C NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act. Cap. 50, the1,162 words
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Advertisement137 2005-11-14 14 Asia's leading event in FTFXTjTTQ plant a process engineering, cnnuisttoos instrumentation and l^insirumeiiuswoos analytical technology iinaLaMsteoos Conference held alongside: C1A2005 International Conference K!l '#i&L jflHh Asia's leading environmental and water management event I|| ENVIRONMEXASIA2OOS T"?*: 18S WATERMEXASIA2OOS SHgSP Conferences held alongside: Asia Waste Management Summit 2005 Sustainable Energy Asia 2005137 words
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Advertisement33 2005-11-14 14 n^T@tTi Lianhe Zaobao I Yunnan I I to export I I large volumes of I I flowers, tea leaves I I and vegetables here I I ££#£<£»*&»£ I :j WM wmmtmmmmgMHMMMMa HNH&MSMfiii v > V33 words
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INDIA
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Article, Illustration751 2005-11-14 15 Despite giving pay rises of over 10%, they face 15-30% attrition rates NYT [BANGALORE] A few weeks ago, Sierra Atlantic, an outsourcing company specialising in writing business software, did something unusual. It invited employees at its Hyderabad unit to bring their spouses toNYT - 751 words
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381 2005-11-14 15 AFP [NEW DELHI] India has imposed stringent new rules on international satellite television broadcasters, sparking anger in the industry, where hundreds of millions of dollars are at stake. The government on Friday unveiled the measures which ban overseas news and sports channels fromAFP - 381 words
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Page 15 Advertisements
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Advertisement129 2005-11-14 15 rX l Tiffany&Co. I IStesf A Holiday Business Plan Please call 6735 1848 for the new holiday business gift catalogue. Inside are timeless gifts to thank employees, clients and colleagues. Tiffany&Co. SINGAPORE RAFFLES HOTEL ARCADE NGEE ANN CITY BUSINESS SALES 6735 1848 II 11 fpi I II I I We'll129 words
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GREATER CHINA
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586 2005-11-14 16 Refiners reluctant to import due to high international prices: minister Bloomberg [BEIJING] China's oil imports may rise at least 5.9 per cent this year, slowing from the torrid 35 per cent growth a year ago, as high international oil prices discouraged oilBloomberg - 586 words
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511 2005-11-14 16 Reuters [HONG KONG] The Hong Kong government plans to allocate more than 60 per cent of the HK$22O billion (5548.3 billion) Link Real Estate Investment Trust IPO to local investors should there be good demand, a top official said yesterday.Reuters - 511 words
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Article3344 2005-11-14 16 Transaction date: Nov 11 For a full listing of the closing prices, log on to BT Online at http://business-times.asial .com.sg after 11.30pm every trading day HONG KONG yol EcoTck 0.17 unch 0 HKS *1- '000 eforce Hldgs 0.02 unch 0 Egano Jewellery 1.16 0.01 68 Aeon Credit 5.753,344 words
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Article, Illustration408 2005-11-14 16 Vehicle sales are expected to rise 13% this year Bloomberg [BEIJING] China is likely to surpass Germany as the world's third-largest vehicle maker when its auto units are expected to make and sell 6.4 million passenger cars, vans, buses and trucksBloomberg; REUTERS - 408 words
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231 2005-11-14 16 AFP [HONG KONG] China's surging disposable wealth has helped hundreds of Hong Kong companies thrive, but one is about to literally coin it in thanks to the mainland's economic growth. Gold Quest has just signed a deal with China Post subsidiaryAFP - 231 words
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ASIA-PACIFIC/WORLD
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857 2005-11-14 17 ANDREW MARKS - WALL STREET INSIGHT But it is doubtful that energy prices have much room to drop for the near-term By ANDREW MARKS in New York IT WAS another strong week for US stocks as the third quarter earnings season continued to churn out positive857 words
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229 2005-11-14 17 Reuters [LONDON] Britain's sec-ond-largest life insurer, Prudential, is in talks with mutual insurer Equitable Life about buying its stock of annuities, which are worth around £7 billion ($20.8 billion), an industry source said on Saturday. The source said it was unlikely Prudential wouldReuters - 229 words
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Article, Illustration562 2005-11-14 17 US scientist quits team over how eggs were obtained IHT [SEOUL] The South Korean government will investigate allegations that human eggs used in the country's groundbreaking stem cell research may have been obtained unethically, a senior aide to President RohIHT - 562 words
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352 2005-11-14 17 AP [SEATTLE] The Boeing Co has agreed to pay U5572.5 million to thousands of women to settle a class-action sex-discrimination lawsuit, according to a local media report on Saturday. The payout, revealed in documents filed on Thursday in US District Court inAP - 352 words
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Article, Illustration463 2005-11-14 17 Reuters [LONDON] Investment bank Goldman Sachs has agreed to become an equity partner in Macquarie Bank's planned bid for the London Stock Exchange (LSE), according to British newspapers. Australia's Macquarie has been looking for a partner since talks with Australian softwareReuters; BLOOMBERG - 463 words
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502 2005-11-14 17 AP [BELPRE, Ohio] Ted Johnson worked 35 years for a DuPont Co chemical plant and believed what company officials said about the safety of the operation. Now, he's not so sure. Mr Johnson and his wife, Barbara, areAP - 502 words
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AVIATION
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Article, Illustration738 2005-11-14 18 Alpha One Airways is latest venture of 19-year-old entrepreneur AP [LONDON] The founder of Britain's newest airline is discussing his business vision when a very different image pops into his head that of his newly hired troop of stewardesses. At just 19 yearsAP - 738 words
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Article341 2005-11-14 18 AFP [LONDON] Ryanair, Europe's largest low-cost airline, said on Friday that it planned to invest US$l billion in new aircraft at its Frankfurt Hahn airport base in Germany, that would lead to the creation of 8,000 jobs there by 2012. As a result ofAFP - 341 words
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158 2005-11-14 18 AFP [SYDNEY] Australia's newest airline is to begin flying between Sydney and Melbourne from Nov 29. Ozjet, backed by former Minardi F1 boss Paul Stoddart, said it will offer "budget business class" services between Australia's two largest cities, with flights toAFP - 158 words
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388 2005-11-14 18 VEN SREENIVASAN - It predicts 48.000 engines will be needed by 2024 By VEN SREENIVASAN [SINGAPORE] Engine maker Rolls-Royce has forecast that 48,000 engines valued at US$6l billion will be needed over the next 20 years to meet demand for 23,000 new corporate jet aircraft from388 words
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Article, Illustration293 2005-11-14 18 Bloomberg [HONG KONG] Nok Air Co, a low-fare carrier partly owned by Thai Airways International pel, is in talks to cooperate with Deccan Aviation Pvt's Air Deccan as it seeks to expand into India. The two discount airlines areBloomberg - 293 words
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Article1140 2005-11-14 18 CITY FLIGHT ETA FLIGHT ETD BG84 175S SQ436 2030 ||g D0t 0*6*6 1210 SSSWt s sjHl If 81H H8 '"i <m !H8 "SSSi 8IIS fXjfj ]|I8 SQ542J 1548 ftriwji' MF854 0845 tandung M7900 1140 MZ901" 1245 ifj !H7 fj 1 I'll is fffg M i$ m1,140 words
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Page 18 Miscellaneous
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Miscellaneous221 2005-11-14 18 CRYPTIC CROSSWORD 10 Scanning the books for mon--30 No energy and lacking any in- 30 31 Feeling of revulsion goes slowly (6) put in trucks (12) YESTERDAY'S SOLUTION DOWN 15 L J ader of a rell 9 lous group? Across 4 Fjtfu||y 8 Spot Qn g 1 Glass vessel (8)221 words
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SHIPPING
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Article, Illustration480 2005-11-14 19 DONALD URQUHART - Jakarta orders that surcharge fall 37% to US$95/TEU, US$145/FEU By DONALD URQUHART ISINGAPOREJ Asian shippers have applauded a decision by the Indonesian government to mandate a reduction in terminal handling surcharges (THCs) applied by container shipping lines, which they maintain is nothingBLOOMBERG - 480 words
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Article584 2005-11-14 19 DAVID HUGHES - It'll move container activities from London to cut cost By DAVID HUGHES in London BERMUDA-registered international transport group Sea Containers is set to move a significant part of its management operation to Singapore. This is part of a massive restructuring and disposals plan it announced last584 words
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246 2005-11-14 19 AP (ATHENS, Greece! The state-owned China Shipping Group may launch a project to develop a transhipment container terminal on the Greek island of Crete, according to the Greek Merchant Marine Ministry. China Shipping president Li Kelin wrote to Greek Merchant Marine Minister ManolisAP - 246 words
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Article309 2005-11-14 19 SGX '000 No* 11 S$ Vol CH Offshore .0.38 0 01 295 Oman Hup 0 84 0 01 5781 Cosco Corporation 2.38 0.02 1570 CWT Distribution 0.80 uncfi 44 Ezra Hldgs 1.39 -0.01 325 Freight Links 0 07 -0.01 508 Grand Banks Yacht .0.92 unch 50 Jaya Holdings309 words
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171 2005-11-14 19 Reuters [COPENHAGEN] Danish shipping company D/S Torm reported pre-tax profit slightly above market consensus on Thursday, and raised its full-year outlook due to better-than-expected freight rates for its product tankers. Pre-tax profit for the January-September period rose to U*****.7 million from US$l25 million inReuters - 171 words
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Page 19 Advertisements
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Advertisement152 2005-11-14 19 H H F NORSTAR SHIPPING (ASIA) PTE LTD is looking for outgoing, personable, highly motivated candidates to join an ambitious newly formed team. The company is engaged in all aspects of Sale and Purchase of commercial shipping including contracting new buildings. Sale and Purchase Broker Minimum 5 years' shipping experience.152 words
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Advertisement114 2005-11-14 19 Centre for Asia Pacific Aviationm presents... 2nd Annual Asia Pacific Middle Ernst Aviation Outlook Summit 2006 Kuala Lumpur Malaysia, 5-6 December 2005 s Key Speakers: Air Asia: Tony Ferhandes, CEO Kingfisher Airlines: Vijay Mallya, MD Chairman Jet Airways: Wolfgang Prock-Schauer, CEO easy Jet: Ray Webster, former CEO Incheon Airport: Jaehee114 words
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Article12416 2005-11-14 20 STRAITS TIMES INDEX STOCKS Stock name Wt Close Change Allgreen SOc 0.33 1.330 +0.020 Ascendasreit 1 04 2 040 +0.030 BIL Intl US20c 0.52 1 260 Capitaland 3.40 3.380 -0020 CapitaMall 0.86 2.340 Chart SemiCond 26c 0.77 1 150 +0.010 CityDev 50c 2.57 8.700 +0.0s6~ ComfortDelGro 25c 1.7112,416 words
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Article6518 2005-11-14 21 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES to teal o>T to H tolKS *jr Inly %yr dy %y» Nov 11 IndeK Change Chang* Chtoqm Otonpt Oiangt OKny Work) Index Preliminary 9368 05 99 O.S 14 04 3.9 t [AftPreliminary 92V0 0.9 19? 08 96 0? 5.0 Europe Preliminary ***** 1.06,518 words
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Advertisement1371 2005-11-14 22 11 T^[Cl>|[^^^^MiaiSlil»iSiyHM^^M |s|Kpjjjjjjjjjj^||{ijji^jii^^ t NYK GROUP SOUTH ASIA PTE LTD KfW Aflm rw* TEL: 6295 0123 \v- IVXAune ratedf M Xm LINE Fax: 6292 2856 (Regional sales)/ 6239 7109 (OPS)/ 6299 5785 (Documentation) l NIPPON YUSEN KAISHA TOKYO SZWAKU KASHA. UO (C/R NO: **********0E) SI NATO* (MX) n* Lhl Main1,371 words
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Advertisement583 2005-11-14 22 IIMTWASiA llOtO «MWK» vKsa/voT »A<rqm hbghrd m kch lo i aw jkt STRAITS VENTURE 23/05 15 3.2 10/11 13/11 17/11 20/11 22/11 STRAITS VENTURE 24/ OS IS 3.2 24/11 27/11 30/11 03/12 OS/12 STRAITS VENTURE 26/0S IS 3.2 11/12 25/12 21/12 01/01 03/01 [AUSTRALIAN Koto stRVKi I VBSa/VOT RAMfflfT) HBGHTtUR)!583 words
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Advertisement1207 2005-11-14 23 Www hombufgsud.com ASIA SERVICE SUNG 1 (EXPORT) MIA SERVICE SIHICI (EXPORT) ETA rn Vessel/Voyage SINGAPORE DURIAN SEPEHIA SANTOS ITAJAI PARANACUA Vhmlfinwm SINGAPORE HKNOS AMES MO GIAIHK SANTOS Conli AAologa 011W 14/11 27/11 07/12 00/12 10/12 11/12 Ml 08 1? M 2 wT Cop Fno 505W 23/11 04/12 14/12 15/12 17/121,207 words
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THE BUSINESS TIMES SHIPPING TIMES
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8082 2005-11-14 25 ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Desfn Items Name Mmbar Wiwibir SIN Dasfn Nam* Nana Number Nin>sr 24/11 28/11 PACCCont PAC PALAWAN 733N *****655 To ABIDJAN (ABJ) 2003 Cote D'lvoire 25/11 01/12 Nortrans ASIA EXPRESS I 240A8,082 words
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Advertisement307 2005-11-14 25 335N11^6/11^2^4/^^2^o^^B ■PJIJWI TIGER SEA 336N 19-20/11 25 27/11 03-04/12 337N 22-23/11 29-01/12 06-07/12 ■Jam™ TIGER WAVE 338N 26-27/11 02-04/12 10 11/12 ■■I TIGER SKY 339N 29-30/11 06 08/12 13 14/12 I giBBB TIGH stA M-04/1? M n i; 17-18/121 »i n.n/n IQ-ii/i^iuii/i^ ■RffRIRMi MARTRAVELLER 007 15-16/11 23-25/11 03-04/12 I ■LUUiLa307 words
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BizIT
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Article, Illustration648 2005-11-14 27 ROLAND LIM - BT exclusive International business should make up about 30 per cent of total revenue within the year, its GEO tells ROLAND LIM ROLAND LIM Riding on the growing outsourcing trend, enterprise IT solutions provider NCS has clinched several business process outsourcing (BPO) deals in the648 words
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214 2005-11-14 27 LAT-WP. AP (NEW YORK] Computer Associates International Inc will now officially be known simply as CA. The company, at its annual user conference, CA World, in Las Vegas, will announce a new marketing and branding strategy that includes the name change, spokeswoman Shannon LapierreLAT-WP.; AP - 214 words
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224 2005-11-14 27 ROLAND LIM - By ROLAND LIM T-SYSTEMS, the infocomm technology solutions arm of European telecommunications giant Deutsche Telekom Group, has announced the addition of another data centre here, as part of its plan to invest US$6O million in the region over the next year. Thomas Jakob, chief executive224 words
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Article, Illustration894 2005-11-14 28 AMIT ROY CHOUDHURY - Company investing in region mainly to beef up headcount f says regional chief By AMIT ROY CHOUDHURY GERMAN software major SAP's Asia-Pacific arm, which includes Japan, has added 900 new customers in the region over the first nine month§ of this year,894 words
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250 2005-11-14 28 Reuters [TAIPFI] Taiwanese telephone handset makers hope to ride the extraordinary success of free Internet call service Skype, offering users plug-in phones for their PCs and other Skypecompatible devices. Niche firms such as PC Home Online Inc, a supplier of Internet phones,Reuters - 250 words
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Article, Illustration328 2005-11-14 28 ROLAND LIM - By ROLAND LIM 02 last week announced the launch of the Xda Atom, its first PDA-phone based on Microsoft's latest Windows Mobile 5.0 operating system. Touted as the world's smallest multimedia smartphone, the 140 gramme Xda Atom is smaller yet more feature-packed than 02's popular328 words
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<what's new>
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Article, Illustration76 2005-11-14 28 CREATIVE announced last week the GigaWorks G5OO, a THX-certified surround-sound speaker system built specifically to deliver an audiophile experience for PC and home entertainment. The satellite speakers feature spring clips that give users the flexibility to adjust or substitute wires. The winner of an76 words
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Article, Illustration110 2005-11-14 28 CRHATIVK has unveiled the Creative Prodikeys PC-MIDI dual-function keyboard for home users. Creative Prodikeys PC-MIDI is based on the patented, "Best of Consumer Electronics Show" award-winningtwo-in-one computer and music keyboard design, which offers home users additional, convenient music functionality on the PC. Creative Prodikeys PC-MIDI110 words
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Article101 2005-11-14 28 LG has announced its new LG RH7796NW hard disk drive recorder. LG claims it is the first in the world to allow users to view, record and replay TV programmes simultaneously. It boasts a whopping HDD capacity of 250GB which allows for 40 hours of high101 words
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105 2005-11-14 28 ACR0N1S Inc. the technological leader in storage management software, unveiled Acronis Disk Director Server, an advanced disk management application to manage corporate servers. The company also unveiled its next-generation of the Acronis Disk Director Suite 10.0 for desktop systems, which provides users with enhanced105 words
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Article, Illustration109 2005-11-14 28 DESIGNED to provide an unprecedented level of programmability and control, the Logitech Gl5 keyboard claims to be the ultimate keyboard for serious PC gamers. The first keyboard in the G-series family of gaming-grade peripherals, the Logitech Gl5 features a built-in auxiliary LCD display, 18 programmable109 words
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Article, Illustration101 2005-11-14 28 LEE KIM SIANG - Compiled by LEE KIM SIANG DELL'S new Inspiron 630 m notebook is Dell's first 14.1 -inch widescreen notebook and features Dell Media Direct technology for quick access to digital photos, music and videos without having to start the operating system. The Inspiron 630 m weighs101 words
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Article, Illustration755 2005-11-14 29 RAJU CHELLAM - <we say> A shortfall of US$9m by 2010 means that new technologies and processes may remain undiscovered RAJU CHELLAM Senior Correspondent IS THERE a crisis looming ahead in the semiconductor sector worldwide? That should be a strange question to ask, especially at755 words
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<what's up>
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Article76 2005-11-14 29 A TEAM of engineers from A*Star's Institute for Infocomm Research (I2R) won the Institution of Engineers Singapore (lES) Prestigious Engineering Achievement Award 2005 for their work on Data-Rate Enhancement Design for wireless personal area networks. The team, comprising Francois Chin, Kwok Yuen Sam and Lei Zhongding,76 words
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71 2005-11-14 29 SALESFORCE.COM, the global leader in on-demand customer relationship management, announced last week that it has appointed Stephen Russell as chief executive officer of the region. Mr Russell, who will report to salesforce. com president Jim Steele, brings more than 25 years of experience in the Asia-Pacific71 words
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58 2005-11-14 29 MATRIXVIEW Limited, inventor of the ABO (adaptive binary optimisation) technology for digital content management, announced last week the appointment of Yacoub Elziq as chief scientist. Dr Elziq, an electronic design and automation entrepreneur with 25 years of both industrial and academic experience, has been a member58 words
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39 2005-11-14 29 BEA Systems Inc, a world leader in enterprise infrastructure software, announced last week the accreditation of its BEA WebLogicB.l Certified Developer and BEA WebLogicB.l Certified Administrator certification programmes by the National Infocomm Competency Centre (NICC).39 words
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Article72 2005-11-14 29 THE Contact Centre Association of Singapore (CCAS) has announced it will hold a symposium on Nov 17-18 which will play host to a slew of international experts targeted at the growing contact centre industry in the region. The symposium, the first of its kind, will culminate72 words
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45 2005-11-14 29 QUEST Software Inc, a leading provider of application, database and infrastructure management solutions, has established its regional office in Singapore to meet the needs of companies that require solutions to increase the performance and productivity of their existing IT infrastructure.45 words
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67 2005-11-14 29 CHECK Point Software Technologies will hold a CyberSecurity Event for all IT professionals who are concerned about securing their company's valuable information. The event, Check Point Technology Tour 2005: Operation S.W.A.T (Security Warfare and Training), will be held at the Marriott Hotel on Nov67 words
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61 2005-11-14 29 WWW.hardwarezone.com, a leading source of online IT content dedicated to introducing new products and technology to consumers, has partnered StarHub as the content provider to provide on-the-move IT pricing information for i-mode subscribers. Set to launch later this year, the mobile IT Price Guide61 words
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Article56 2005-11-14 29 LEE KIM SIANG - Compiled by LEE KIM SIANG CATHAY Organisation Holdings Ltd signed an MOU with StarHub to be the official broadband partner for the one-stop entertainment venue which will be called E2Max Cine-L9 Powered by StarHub. Located on level 9 of Cathay Cineleisure Orchard, E2Max Cine-L9 is56 words
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337 2005-11-14 29 AFP [SAN FRANCISCO] Internet giant Google is offering to cloak its home city in Silicon Valley with free wireless "Wi-Fi" computer service, the company confirmed last Thursday. Google's proposal to "unwire the city" will be considered by the Mountain View city council tomorrow,AFP - 337 words
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Article794 2005-11-14 31 KEITH LOUTIT - <you say> By KEITH LOUTIT THE emergence of new electronic media has opened large and previously unreachable geographic markets to merchants, enabling a variety of new, low-val-ue products to thrive music, video, mobile games, ring tones and wallpaper. The process of charging subscribers for these products has794 words
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Article, Illustration556 2005-11-14 31 AMIT ROY CHOUDHURY - F5 Networks sees huge opportunities in Asia-Pacific By AMIT ROY CHOUDHURY ADD F5 Networks, a Nas-daq-listed networking company, to the growing list of companies hoping to participate in the Singapore government's upcoming $1.5 billion project to outsource its front-end computing556 words
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Article, Illustration502 2005-11-14 31 ROLAND LIM - By ROLAND LIM IBM has upped the ante in the mid to entry-level server market with the release of its latest range of p series servers, which use its Power processor. The new models include the first server to feature502 words
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Advertisement87 2005-11-14 27 R&D SPENDING Will inadequate R&D funds cripple the semicon sector? PG29 Get Results With Oracle Applications i i 1111 *X "30% increase in plant capacity" > (flf)lngersollfland 'vi > I I > 4 p t "*X "$lO4 million in savings" PHILIPS LG.PHILIPS LCD fe f v .'V --V-• I The87 words
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Advertisement115 2005-11-14 28 ATIiT Can DELIVER REAL-TIME ADVANTABE. 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 ffOm 9115 words
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Advertisement490 2005-11-14 29 Finally a server that's just right for an economy that worships the "do more with less" mantra. The IBM eServer*ps-the server that can run multiple OSs like UNlX*and Linux, and multiple apps with ease. With advanced IBM Virtualisation Engine™ technology options, it's the only UNIX* server with breakthrough ZZ £ZZ490 words
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Advertisement158 2005-11-14 30 I t «|Mm^ 1 '^^iSlilwS? 1 «K W §§|||S!PP .r 7 1 !i! imagine depending on the. technology IT experts depend on. As the world's leader in IT, Samsung is the brand others trust. -—A -<flS^A|ujm Close to 30,000 product experts are dedicated to developing innovative IT solutions that meet158 words
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Advertisement194 2005-11-14 31 (I®® I Vir An integrated suite of communication and collaboration solutions by 1-Net Compete successfully in today's challenging business conditions. Enable more efficient ways for knowledge workers to communicate and collaborate. Move beyond the capabilities of basic email and enable your people with the power of uninterrupted collaboration to stay194 words
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BT-CA ROUNDTABLE
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Article, Illustration1846 2005-11-14 32 AN increasing amount of money is being spent on IT initiatives in many organisations. But is the full value of these initiatives being realised? This question is raised with increased frequency; hence the need for IT governance, defined by researchers Peter Weil and Jeanne RossARTHUR LEE - 1,846 words
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