The Business Times, 23 November 2005
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2005-11-23
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The Business Times
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Title Section13 2005-11-23 1 THE BUSINESS TIMES SINGAPORE 85 cents Wednesday, November 23/2005 .com.sg MICA (P) 089/03/200513 words
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Article, Illustration468 2005-11-23 1 UMA SHANKARI - Almost half the winners are first-timers By UMA SHANKARI [SINGAPORE] The spirit of enterprise among companies here is alive and well, judging by the winners of this year's Enterprise 50 (E5O) award. Close to half the latest winners of the awardYEN MENG JIIN - 468 words
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Article, Illustration775 2005-11-23 1 TEH HOOI LING - They see economic recovery underpinning earnings and yields By TEH HOOI LING [SINGAPORE] The sharp fall in the unit price of Singapore's real estate investment trusts Reits in recent weeks is an over-re-action. property managers said yesterday. They said the recovery in the domesticSource: Bloomberg - 775 words
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Page 1 Advertisements
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Advertisement8 2005-11-23 1 JAPAN Plans to tighten stock merger rules PGI48 words
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Advertisement24 2005-11-23 1 L|i MOTORING ENTERPRISE 50 Enterprise 50 winners show that they can beat the odds, at home and abroad. A 30-page pullout with todays BT24 words
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Advertisement11 2005-11-23 1 Mil 8 "887 81 11 *****4 Markets Digest is held over11 words
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Advertisement147 2005-11-23 1 EXEC MONEY Are dividend stocks losing favour? PG3O Celebrated Worldwide The Lincoln Modern Mm mb I Conferred the Royal Institute of British Architects (RIBA) Worldwide Award 2005, honouring the world's best architecture and names. The Lincoln Modern joins a rarified reserve of projects that has achieved the highest architectural standards147 words
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TOP STORIES
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616 2005-11-23 2 ANNA TEO - Views diverge over whether it's grown more resilient after Q3 turnaround By ANNA TEO [SINGAPORE] Domestic demand turned around in the third quarter and is expected to rise further as the job market improves and inflation stays benign. Some economists are upbeat about the upturn.616 words
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Article623 2005-11-23 2 Microsoft releases Xbox 360 ahead of Sony's Play Station 3 MICROSOFT Corp released its Xbox 360 video-game console across the US, a machine chairman Bill Gates says will enable the company to wrest control of the US$2B billion industry from Sony Corp. Microsoft, which spent more than US$l2623 words
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Article, Illustration713 2005-11-23 2 UMA SHANKARI - ENTERPRISE 50 AWARDS Winners hope to leverage on award and take their business forward By UMA SHANKARI [SINGAPORE] The winners are definitely not going to rest on their laurels. The companies that took the top three spots in the Enterprise 50 (E5O)ARTHUR LEE; YEN MENG JIIN - 713 words
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Article, Illustration855 2005-11-23 4 It's betting on the new Xbox 360 grabbing a bigger slice of the video games industry Bloomberg [BELLEVUE, Washington] Microsoft Corp has released its Xbox 360 video-game console across the US, a machine chairman Bill Gates says will enable the company to wrest controlBloomberg; PHOTOS: AFP, REUTERS - 855 words
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363 2005-11-23 4 AMIT ROY CHOUDHURY - Not this Christmas S'pore gamers will have to wait By AMIT ROY CHOUDHURY [SINGAPORE] Singapore gamers can expect to get their hands on Microsoft's latest Xbox 360 early next year. The console, which Microsoft hopes will help it wrest control of the US$2B billion gaming industry from Sony, was launched363 words
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Article, Illustration317 2005-11-23 4 Court gets glimpse of Packers, Murdochs in One.Tel hearing [SYDNEY] James Packer, the son of Australia's richest man, broke down in tears and apologised to Lachlan Murdoch, son of media magnate Rupert Murdoch, just days before the collapse of a budget phoneAP FILE PHOTO - 317 words
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Advertisement118 2005-11-23 2 WATERMAN PARIS m Pure Luxury Serenite Blue I i i I I >! tt>- -v I Serenite unites seduction with technology the personification of pure luxury'. Its lacquer blends subtly with the curves of the pen and is offset by ever changing reflections of blue. The finely engraved design of118 words
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Advertisement15 2005-11-23 3 /s **y* I ■f y >* **N>' JHHHHHHBBHi Aft w .^^ll^^Hfl^lHlHHHHß^SH^^^fll^^^BH^HHK i -L— l 1 Bn9HH^HNß|^HM^B|^E|HHfl^K|^^H^^^^^H^HHGj9Hß|15 words
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Advertisement193 2005-11-23 5 1 ,r s >• K x Jagam CHALLENGE WHAT IS. J^/mF i Bl ;?fr Nwa §»BB^H hBhHB H pjr Jf I* m' ■f si 1 AliMMiaK BF sk>. JS ri! «L Mill iH BMI i IKW IB B B I |k JJ I Im flll MS. M V J| ill193 words
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COMPANY NEWS
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Article, Illustration643 2005-11-23 6 SIOW LI SEN - INTEREST RATE WOES Investors will want higher yield for forex risk and business novelty By SIOW LI SEN SP AusNet's initial public offering could be priced at the lower end of $1.68 to $1.70 as investors demand higher yield for the foreign exchangeSource: Bloomberg - 643 words
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Article, Illustration791 2005-11-23 6 R SIVANITHY - HOCK LOCK SIEW By R SIVANITHY A FEW months ago, we asked in this column whether the real estate investment trust (Reit) sector was in for a rough time because of rising interest rates (BT, Hock Lock Siew, Aug 26 "Is Reits bubble bursting?"). AtThe Business Times, Aug 26 - 791 words
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436 2005-11-23 6 Bloomberg [SINGAPORE] Singapore's local-currency bonds fell, the biggest fluctuation of any government debt market yesterday, amid concern that borrowing costs will continue to rise. Singapore's threemonth inter-bank rate, a short-term lending indicator as measured by the Association of Banks in Singapore, yesterday roseBloomberg - 436 words
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Article522 2005-11-23 7 ANGELA TAN - But firm is upbeat about prospects, will go ahead with expansion plan By ANGELA TAN STEEL prices depressed by rising oil prices and increased supplies from China have hit HG Metal Manufacturing, with the steel stockist reporting yesterday a 67 per cent fall in522 words
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285 2005-11-23 7 Reuters [HONG KONG] Singapore and Hong Kong rank first and second in Asia in terms of best corporate governance, according to a report by CLSA Asia-Pacific Markets and Asian Corporate Governance Association (ACGA). The report, titled The Holy Grail, ranked India third followed by Malaysia,Reuters - 285 words
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Article, Illustration240 2005-11-23 7 Bloomberg SHARES of Creative Technology, whose music players compete with Apple Computer's iPod, had their biggest gain in 12 weeks on optimism that the company will sell more of its Zen and MuVo devices during the Christmas season. Creative's stock rose 3.9 perBloomberg; FILE PHOTO - 240 words
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308 2005-11-23 7 ALEXANDRA HO - By ALEXANDRA HO CAPITALAND continues its expansion in China, announcing yesterday its partnership with Hong Kong-listed real estate company, Lai Fung Holdings, to build 3,000 homes in the fast-growing southern city of Guangzhou. The deal, worth 102.76 million yuan (Ss22 million), is308 words
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COMPANY BRIEFS
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Article99 2005-11-23 8 LMA North America Inc, a unit of Singapore-listed LMA International NV, has signed a 14-month agreement to supply laryngeal mask airway products to Novation the contracting arm for two national healthcare alliances that serve 2,500 healthcare organisations in the US. The agreement which runs99 words
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Article71 2005-11-23 8 KS Energy Services has, through a subsidiary, entered into a 50;50 joint venture with Ezra Holdings to take up a 25 per cent interest in KSES (USA) Inc, a company which provides marine and offshore services to support the offshore drilling operations of oil71 words
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80 2005-11-23 8 KEPPEL Corp, the world's largest offshore rig builder, has secured three thermal solutions contracts in Europe worth $42 million through Keppel Seghers, the environmental technology unit of Keppel Integrated Engineering. The first contract was awarded by Tirme, a waste treatment and management company in Spain.80 words
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Article97 2005-11-23 8 MOBILE phone operator, Mobile One Ltd, has appointed Yusof Annuar Yaacob and Ganen Sarvananthan as directors with effect from Nov 16. Both are directors of Sun Share Investments Ltd, which has bought a major stake in Ml. Sun Share is owned 80 per cent by97 words
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360 2005-11-23 8 UMA SHANKARI - China Risun Coking Group withdraws prospectus By UMA SHANKARI UNZA Holdings, which develops and makes personal care and household products, has decided not to go ahead with its planned initial public offering for now. Managing director Gavin Wel- man said the company has chosen360 words
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Article, Illustration335 2005-11-23 8 Reuters AUSTRALIAN-LISTED CyGenics Ltd said yesterday it intends to list its blood bank unit on a key Asian stock exchange to raise funds for expansion in Asia and Europe. Cord Life Pte Ltd, whose main operations are based in Singapore, sets up individual bloodReuters - 335 words
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314 2005-11-23 8 RONNIE LIM - By RONNIE LIM DBS Vickers has initiated coverage of Southeast Asian-focused exploration and production (E&P) company Pearl Energy with a "buy" call and a price target of 551.90. "Armed with its strong management and experienced E&P team, Pearl is poised to exploit the314 words
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280 2005-11-23 8 ANGELA TAN - Only 7.77% of its are now held by the public By ANGELA TAN WBL Corporation Limited has raised its stake in car distributor Wearnes International C 1994) from 88.45 per cent' to 92.23 per cent, exceeding the crucial 90 per cent trigger point280 words
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242 2005-11-23 8 Bloomberg [KUALA LUMPUR] Genting International, the overseas investment unit of Asia's biggest publicly-traded casino group, plans to raise about US$l5O million from a Singapore share sale, according to an e-mail from one of the underwriters* The Hong Kong-based unit of GentingBloomberg - 242 words
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Advertisement66 2005-11-23 6 I r Lianhe Zaobao g I China's I richest I businesswoman I I Chan laiwa I I is worth —I ■NOSIIOI B' 11 Jfcy M§«l EUHHIgan I I i-rnnrt" 1 I 125 Years g |^fftr4ooUKMjMnsJMwldwid6l Ask us about Corporate, Individual or Group Instruction, f. i Call Berlitz today 6733-7472 or66 words
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Advertisement707 2005-11-23 6 >AT? ■s& NOTICES loll free 1800-289-8822 Email: notices@sph com.sg I GLOBAL ACTIVE LIMITED (Company Registration No *****6977R) (incorporated in Singapore) NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the members of Global Active Limited (the Company) wiH be held on 15 December 2005 at 3 pm, at 9707 words
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Advertisement427 2005-11-23 6 THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF CHARTERED OILTECH SERVICES PTE LTD (CO REG NO: *****5450R) AND OILTECH INDUSTRIES PTE LTD (CO REG NO: *****3067H) MEMBERS' VOLUNTARY WINDING UP At an Extraordinary General Meeting of Chartered Oiltech Services Pte ltd and Oiltech Industries Pte Ltd convened ond427 words
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Advertisement513 2005-11-23 6 In The Matter Or The Companies Act, Cap. 50 Awl U The Matter Of ATAS INVESTMENT PTE LTD Conpaay Reg. No. 19M*****W Notke of Creditor*' Meeting Pursuant To Section 2*6 Of The Companies Act, Cap. 50 NOTICE is hereby (irea that pursuant to Section 296 of the Companies Act, Cap.513 words
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Advertisement163 2005-11-23 7 V m .<M T 4i B BX V SB|B y I* jj V W^ 1™- iaHHDoC\i| II v ~7|i|a gg|| I I m Jofk ■KMl^mii IHHHIHk MMl^M^^Kjs liTBUFIb 1 BVJ BBS BLB gifcili jy 11 R/»\sa Remember the first time you saw the X-Type? It drew you in, made you163 words
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Advertisement44 2005-11-23 8 ITjfiof get a Leading Edg| f v» Your sailing schedules get wider attention in The Business Times shipping pages j\. m Call Bernard Ong at 6319-1645 or Michael Chng at 6319-2062 4b I I THE BUSMESS TIMES v.i t -»i_ Shipping Times i lIYIC^44 words
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Advertisement196 2005-11-23 9 ANNOUNCEMENT UNZA Board decides to reschedule IPO Unza Holdings Limited has decided not to go ahead with its planned Initial Public Offer on the SGX at the current time. As South East Asia's leading independent personal care company, UNZA's Board was concerned that UNZA would not receive its required market196 words
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SINGAPORE MARKETS
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Article, Illustration909 2005-11-23 10 LARRY WEE - CURRENCIES But equities and metals shine as greenback consolidates LARRY WEE Senior Correspondent THE week's most spectacular gains were made in equities and metals, with currencies displaying a more consolidative tone ahead of holidays today in Japan and tomorrow909 words
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510 2005-11-23 10 UMA SHANKARI - TRADES TO WATCH By UMA SHANKARI TEMPLETON International's deemed stake in Venture Corporation has risen to 7.02 per cent from 6.02 per cent The change —resulting from acquisition and disposal of Venture shares over the period Oct 11 to Nov 18 raised510 words
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Article, Illustration420 2005-11-23 10 OTHER SINGAPORE INDICES Nov 22 VALUE CLOSE BT OB/OS -340.00 -59.00 BTCAPI -*****.00 -19.00 BT 10-day MA -*****.00 -34.00 All-SG Equities 579.26 -1.57 SG Equities Elect 123.17 +0.68 SG Equities Fin 1690.06 -2.33 SG Equities Prop 688.91 -4.49 SIMSCI 269.94 -0.46 SiMSCI Futures 270.00 +0.10 MOST ACTIVE STOCKS VOLUME Biosensors420 words
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Article277 2005-11-23 10 UMA SHANKARI - Compiled by UMA SHANKARI Hyflux Limited Nov 22 dose: $2.73 JP MORGAN RESEARCH, Nov 21 WE are raising our 12-month target price to $3.81 from $3.30 to refleet the removal of the 20 per cent equity dilution that was built into our earlier assumptions and to factor in277 words
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Article, Illustration400 2005-11-23 10 R SIVANITHY - STOCKS R SIVANITHY Senior Correspondent IF there was a single underlying theme to yesterday's trading session, it was "sell outperformance, buy underperformance", a common enough theme as trading themes go, but one that probably has greater impact in a market which for the time being appears to400 words
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Article, Illustration332 2005-11-23 10 YEO KEE YAN - CHART POINT By YEO KEE YAN ON the back of stronger than expected 3Q GDP and October NODX (non-oil domestic exports), the Straits Times Index managed to rise above the 2,268 level last week. The implication here is that STl's support has been332 words
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SINGAPORE NEWS
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412 2005-11-23 11 NANDE KHIN - It's among 10' best country brands' for 'business' and 'conventions' By NANDE KHIN SINGAPORE might appear to be a country, or perhaps a city, but to brand consultants it is a brand and a winning one too. It has been ranked among412 words
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336 2005-11-23 11 Bloomberg SINGAPORE, which is hosting a counter-terrorism conference this week, called for increased cooperation among Asian countries to deal with the threat of terrorism, which has killed-hundreds in the region. Singapore, Indonesia and Malaysia have stepped up joint sea patrols of the MalaccaBloomberg - 336 words
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Article, Illustration514 2005-11-23 11 MATTHEW PHAN - By MATTHEW PHAN ONE of the trickiest things about new technology, at least from a business perspective, is deciding whether people will like it enough to pay good money for it. But that is a skill the Master of Science programme inFILE PHOTO - 514 words
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176 2005-11-23 11 SUN International, a would-be bidder for the Sentosa integrated resort, yesterday picked up a copy of the request for proposals (RFP) documents for the Marina Bay resort, exactly a week after it was published. Sun, one of South Africa's largest gaming companies,176 words
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241 2005-11-23 11 A NEW book from the Institute of South Asian Studies (Isas) spells out significant differences between the various Indian states which should help potential investors. The book, Growth Opportunities in Indian States: Issues of Governance and Economic development, studies the interrelationships between241 words
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Article, Illustration230 2005-11-23 13 MINISTER Mentor Lee Kuan Yew had a busy day in India yesterday, meeting several political leaders. He called on President APJ Abdul Kalam, then met former prime minister Atal Bihari Vajpayee and opposition leader LK AflVßhi. He later had a closed-door discussion over lunch withREUTERS - 230 words
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385 2005-11-23 13 CONRAD TAN - Group ties up with two HK investment funds to establish new company here By CONRAD TAN LONDON-BASED Whittington Group, a privately owned, specialist insurance services provider, is moving its headquarters to Singapore. Formerly part of the Omni Whittington group, Whittington announced385 words
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105 2005-11-23 13 A DELEGATION from the European Union met Senior Minister Goh Chok Tong yesterday afternoon at the Istana to exchange views on the political systems in Europe and Singapore. The European Parliament Delegation for relations with countries of South-east Asia and Asean is currently105 words
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Article, Illustration298 2005-11-23 13 THIS year's National Volunteerism and Philanthropy Awards, announced last night, honours individuals and institutions seen to have made a difference. Yayasan Mendaki, which runs educational programmes for Malay youths, won the Nonprofit Organisation Award. To carry out its mission, it draws up annual departmental action298 words
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Advertisement67 2005-11-23 11 --1 I *|jjff Ml.l life, live it. Visitwww. c g v •'V .I.'-" *:'~-V- YrfiTOi 1-\ fc v u *fk M' •>•* /"*"',-vA "v% v *;*> ->._, aLt V!y~T ''^■■j-' v i i>! •J .i *t 2j«* •'•."•>. ;S3 &4.> Jx'. i', If you are on another bill ptan, you67 words
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Advertisement39 2005-11-23 12 Organised by: Supported by: Partners: Sponsored by: The Business Times H jW !gi s siflS sip I Dewe Rogerson fljjljß tJBS Amocumomormxtfow wx-akwi;MMTiirrro*mbkk 3 K CirtVM hblk Accoumimi Iniwni i I i m tfcp>—i I.lVir-\VJL- V^/ EXCHANGE of S*fjo«n39 words
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Advertisement129 2005-11-23 13 HGgIL > 2**/' *|JCl£lvwf ill I H i ml S^^BBHlSli .4 -LB Get a FREE companion ticket on COLOUR YOUR SKV Gulf Air when you charge with MasterCard SINGAPORE TO Sydney Athens Cairo London First Class SGD 4,540 SGD 6,240 SGD 7,940 SGD 9,080 Business Class SGD 3,410 SGD 3,970129 words
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ECONOMY WATCH
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500 2005-11-23 14 All-stock mergers will be almost impossible for foreign companies [TOKYO] Japan is considering new rules that would make it almost impossible for foreign companies to conduct all-stock mergers with Japanese companies, reversing a government pledge to liberalise the market for foreign direct investment500 words
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Article, Illustration476 2005-11-23 14 NYT [BRUSSELS] The president of the European Central Bank, Jean-Claude Trichet, said on Monday that the bank had no plan to embark on a series of interest rate increases, but would assess the need for them over time. MrNYT; REUTERS - 476 words
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254 2005-11-23 14 AP [WASHINGTON] The International Monetary Fund is pressing China to take further steps to overhaul a currency system that US manufacturers blame for lost sales and factory jobs. "There is scope to do more," David Burton, director of the IMF's Asia and PacificAP - 254 words
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626 2005-11-23 14 Asian suspicion is that the Fund is a tool of the US, G-7 Reuters [WASHINGTON] Growing pressure from the US Treasury for the International Monetary Fund to play "bad cop" with China over Beijing's rigid currency regime may well backfire byReuters - 626 words
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622 2005-11-23 14 But impact on US economy will be slight: economists Reuters (WASHINGTON] Job cuts at General Motors Corp will shake consumer confidence across the United States and ripple through the vehicle parts industry, but the impact on the economy as a whole will beReuters - 622 words
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603 2005-11-23 15 PAULINE NG - Funds of Public Mutual, CIMB Principal boast a total RM500m size By PAULINE NG in Kuala Lumpur GLOBALLY competitive Singapore companies look set to benefit from the launch this week of two new offshore funds with a combined fund size of more603 words
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338 2005-11-23 15 Bloomberg [JAKARTA] Overseas investment in Indonesia increased 165 per cent this year, boosted by spending in the transportation, communications and storage industries, the Investment Coordinating Board said. Overseas investors spent US$B.55 billion on 785 projects in the first 10 months, compared with U553.23Bloomberg - 338 words
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Article, Illustration510 2005-11-23 15 S JAYASANKARAN - Move follows ousting of former CEO 3 months ago By S JAYASANKARAN in Kuala Lumpur PERODUA Auto Corporation's deputy managing director Syed Zainal Abidin Syed Tahir is likely to be appointed chief executive of national carmaker Proton Holdings, Malaysian auto industry officials say.BLOOMBERG - 510 words
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Advertisement10 2005-11-23 14 s i i-4\■ ill} 4 fIC-Tl Li-^: til ipTu tTliW*s10 words
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Advertisement577 2005-11-23 15 16 Ai cash Look forward to regular income A and potential capital gains The years ahead may be uncertain, but there's one thing you can be sure of—a regular Invest today to enjoy savings and gifts!* income. Comprising a basket of selected funds investing in Asian (ex-Japan) and Global bonds577 words
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GREATER CHINA/INDIA
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430 2005-11-23 16 Major telecoms equipment vendors give their backing Bloomberg [HONG KONG] China's home-grown third-genera-tion (3G) mobile telecoms standard is set to take root as more big industry names back it and as the prospect of soft loans and technical support attracts developing market interest.Bloomberg - 430 words
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Article2331 2005-11-23 16 VOL General Corp .0.40 unch 65 m»a Ml *1- r»00) Genting 3120 0.60 1057 George Kent 0.60 0.02 411 A AM Realty 1.49 unch 1 GHL Systems 0.11 unch 511 Abric 031 unch 106 GlobetroniaTech ...0.28 -0.01 1803 ACP Industries 0.65 0.02 17 GlomacBhd... 1.23 0.02 84 Advance2,331 words
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572 2005-11-23 16 Exchange's first warehouse in China near approval, possibly year-end Bloomberg Reuters [SINGAPORE] London Metal Exchange (LME) chief executive Simon Heale says a China Daily report that China had to deliver 200,000 tonnes of copper into ex-change-approved warehouses by Dec 21 was "market rumourBloomberg; Reuters - 572 words
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296 2005-11-23 16 [HONG KONG] Cheung Kong (Holdings), Hong Kong's largest developer by market value, said it still managed to sell nearly HK$2O billion (554.4 billion) worth of properties in the first 10 months, which already surpassed home sales income of HK$l5296 words
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BRIEFLY ASIA
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88 2005-11-23 16 Reuters [SHANGHAI] Minsheng Banking Corp, the second-largest lender listed on mainland Chinese exchanges, plans to sell US$3.7 billion in bonds in its latest effort to shore up capital while expanding lending at a rapid clip. Planned debt issues announced yesterday would help enhance theReuters - 88 words
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88 2005-11-23 16 AFP [KUALA LUMPUR] Global banking giant HSBC said yesterday it was seeking an Islamic insurance licence in Malaysia as part of its plans to capture a bigger slice of the growing Islamic financing business. The Malaysian central bank had earlier said four Islamic insuranceAFP - 88 words
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80 2005-11-23 16 Reuters [SHANGHAI] Baosteel, China's biggest steel maker by volume, will cut product prices by an average of more than 10 per cent in the first quarter, fuelling expectations a domestic glut will stretch into 2006 and pressure prices in the world's top steelReuters - 80 words
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Article, Illustration61 2005-11-23 16 [BEIJING] A model presenting a creation at China Fashion Week in Beijing. Fashion sense in China was virtually non-existentfor decades under communist rule, but a rebirth occurred only two decades ago when economic reform began. Now as the world's biggest textile manufacturer, especially in low-and medium-endAFP - 61 words
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464 2005-11-23 16 Revenue loss as high as US$1,200 per employee [NEW DELHI] Unplanned and undesired exits account for up to 33 per cent of the attrition in India's BPOs, according to the Financial Express. The newspaper quoted Shailaja Puranik, chief operating officer of a464 words
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ASIA-PACIFIC/WORLD
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373 2005-11-23 17 Reuters [HOUSTON] Texas Attorney General Greg Abbott filed a civil lawsuit on Monday against Sony BMG Music Entertainment for hiding "spyware" software on its compact discs in a bid to thwart music copying. According to the lawsuit filed in Travis County,Reuters - 373 words
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Article, Illustration577 2005-11-23 17 Each partner will pump US$1.2b into flash memory chips venture initially Reuters AFP NYT [SEOUL] Shares of Asian microchip makers fell yesterday after two US rivals agreed to form a venture to prothjidcT hot-selling flash meijfory chips. Intel Corp, the leading semiconductor maker,Reuters; AFP; NYT; REUTERS - 577 words
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425 2005-11-23 17 IHT [PARIS] Microsoft said on Monday that it would seek approval to make the software formats behind its Office programs an "open standard" that it would licence free to competitors, partners and developers. Jean-Philippe Courtois, president of Microsoft International, said some pressure hadIHT - 425 words
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393 2005-11-23 17 Growth will be hit with higher rates, lower confidence Bloomberg [BANGKOK] Thai banks will face a "more challenging" environment next year as a rise in interest rates and a decline in confidence among businessmen and consumers affect economic growth, Fitch Ratings Ltd says. ConsumerBloomberg - 393 words
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292 2005-11-23 17 [LONDON! A dispute which has shaken the Internet gaming sector is heading for the courts in the British Virgin Islands after Empire Online on Monday said it would take legal action against Party Gaming, says a report in the Financial Times. Empire's promise to292 words
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WORLD WATCH
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81 2005-11-23 17 AP [VEVEY, Switzerland] Nestle, the world's biggest food and drink company, said yesterday it has recalled baby milk from four European markets after traces of ink were found in the product. Nestle spokesman Francois-Xavier Perroud told Dow Jones Newswires that some of theAP - 81 words
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107 2005-11-23 17 AFP [PARIS] Economic growth picked up slightly in major economies during the third quarter, with the US and eurozone showing the biggest increases, a preliminary estimate released yesterday by the Organisation for Economic Cooperation and Development (OECD) showed. Gross domestic product amongAFP - 107 words
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91 2005-11-23 17 Reuters [NEW YORK] Spending on Internet advertising rose 34 per cent in the third quarter to US$3.l billion from a year earlier, setting a quarterly record and bolstering expectations that the market could exceed US$l2 billion this year. According to the quarterlyReuters - 91 words
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100 2005-11-23 17 Bloomberg [PARIS] Cadbury Schweppes, the maker of Dr Pepper soda and Trident gum, plans to sell its European soft drink unit to Blackstone Group and Lion Capital for 1.85 billion euros (553.7 billion) to concentrate on beverages in the US and candyBloomberg - 100 words
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81 2005-11-23 17 Bloomberg [LONDON] Nokia and Motorola widened their lead over smaller competitors in the third quarter on demand for mobile phones in emerging markets in Asia. Nokia's global share rose to 32.6 per cent in the third quarter from 31.9 per cent inBloomberg - 81 words
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64 2005-11-23 17 AFP [SEOUL] The youngest daughter of Lee Kun-Hee, chairman of South Korea's largest conglomerate Samsung, died on Saturday following a car accident in the suburbs of New York, a company spokesman said yesterday. Lee Yoon-Hyung, 26, was studying at New York University. TheAFP - 64 words
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Article, Illustration122 2005-11-23 17 AFP [TOKYO] Japan will once again have a force described as the "military" six decades after the US stripped it of the right to keep armed forces, in the first revision of the post-World War II constitution proposed yesterday. The revision will meanAFP; AP - 122 words
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AVIATION
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Article, Illustration710 2005-11-23 18 VEN SREENIVASAN - NEWS ANALYSIS The decades-old air services agreement is stuck in a time-warp, even as the advent of low-cost flights revolutionises air transport around the region By VEN SREENIVASAN THE issue of opening up the SingaporeKuala Lumpur air route to more players was aired inBLOOMBERG - 710 words
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207 2005-11-23 18 [SINGAPORE], Emirates Airline has signed a new contract with Singapore Aero Engine Services Limited (SAESL) and Hong Kong Aero Engine Services Ltd (HAESL) for the ongoing maintenance and repair of Rolls-Royce Trent aircraft engines within its fleet. The new contract, potentially worth US$6OO million, will207 words
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LOG BOOK
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74 2005-11-23 18 Bloomberg [DUBAI] Airbus SAS, the world's largest commercial aircraft maker, won an order from International Lease Finance Corp, the world's biggest aircraft lessor, for 12 of the new A 350 planes worth US$2 billion at list prices. Airbus announced the order at aBloomberg - 74 words
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85 2005-11-23 18 Bloomberg [SINGAPORE] Jetstar Asia, the international budget carrier of Qantas Airways Ltd, said it will start services to Phnom Penh and Siem Reap, the first Singapore-based low-cost carrier to fly to Cambodia. The airline will offer three weekly flights to Phnom Penh from Dec 15Bloomberg - 85 words
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52 2005-11-23 18 AFP [HANOI] Vietnam Airlines and American Airlines plan to begin codesharing cooperation between Vietnam, Japan and the United States by early 2006, airline officials said yesterday. American Airlines announced it has applied to the US Department of Transportation for authorisation to go ahead with theAFP - 52 words
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Article, Illustration479 2005-11-23 18 Higher fares, cost cuts ease effect of soaring fuel prices Reuters [LONDON] British budget airline easy Jet pic beat forecasts with a 9 per cent rise in annual profits yesterday as new routes, rising fares and cost cuts eased the pain of soaringReuters - 479 words
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254 2005-11-23 18 Bloomberg [SYDNEY] Boeing Co, the world's second-largest commercial aircraft maker, expects Qantas Airways Ltd, Australia's biggest airline, to decide by next month on new plane orders, which may include its fuel-saving 787. Boeing said it's in talks with Sydney-based Qantas on potential ordersBloomberg - 254 words
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Article557 2005-11-23 18 955 JU J -m lis .881 p snra <**- II i Isi m nan F i w o ■union I«S7 6W6 k3M Q7M 6 C |j|~jj^ II If Si mm 3 &il !«l H555 UM771 0500 ill m ii mum jj 1 ,l "ljpi jjj| J|jjj557 words
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Page 18 Miscellaneous
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Miscellaneous206 2005-11-23 18 CRYPTIC CROSSWORD el-headed crew (7) 8 Quality gold given to Judas (7) YESTERDAY'S SOLUTION 14 Th e cantos composed by a Acros s- 1 Demonstrate 9 Asth--1 Beg a top manager to provide songster (9) 12l£ cheap fuel (4-3) 16 Tall man's underclothing (4,5) Efs C 3 JE e 5206 words
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SHIPPING
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Article, Illustration569 2005-11-23 19 DONALD URQUHART - Survey shows port security code being undermined by lack of trust and support By DONALD URQUHART [SINGAPORE] A major survey of the world's seafarers has revealed "widespread resentment" by seafarers at being treated as potential security threats and not allies in theBLOOMBERG - 569 words
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177 2005-11-23 19 Reuters [KUALA LUMPUR] MISC Bhd, the world's largest carrier of liquefied natural gas (LNG), reported a 5.4 per cent rise in quarterly profits on Monday, helped by a turnaround at its ship engineering unit and lower costs. MISC had warned that its currentReuters - 177 words
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959 2005-11-23 19 DAVID HUGHES - STRAIT TALK By DAVID HUGHES THE long-term prospects for the shiprepair business in Singapore do look rosy in the light of an assessment made recently by the boss of Bahrain-based shipyard ASRY. Mohamed Alkhateeb, in a paper delivered at the recent Ship Repair and959 words
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400 2005-11-23 19 Reuters [SEOUL/TOKYO] Freight rates from the US Gulf to Asia fell to a two-month low yesterday on concerns over falling demand for ships amid a slowdown in iron ore and coal cargoes. Sentiment was also undermined as the market was seeing more newReuters - 400 words
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204 2005-11-23 19 Bloomberg [TOKYO] Mitsui OSK Lines Ltd, Japan's second-largest shipping company, said it plans to sell a 13 per cent stake in Nippon Cargo Airlines Co to Nippon Yusen KK, adding to its competitor's controlling stake in the venture. "The sale ofBloomberg - 204 words
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454 2005-11-23 19 US body extends no-go zone by 150 nautical miles AFP [NAIROBI] The United States and international maritime authorities have boosted already dire piracy warnings for vessels off the coast of lawless Somalia following a surge in attempted hijackings. In a new alert, theAFP - 454 words
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Article285 2005-11-23 19 ssx JMl: 'ooo *»22 Vol CH Offshore 036 -0.01 380 ChuanHup .0.82 unch 3215 Cosco Corporation. .2.31 0.09 9597 CWT Distribution .0.80 unch 15 Ezra Hldgs.— 1.30 unch 1628 Freight Links 0.06 -0.01 51 Grand Banks Yacht 0.91 unch 0 Java Holdings 1.24 unch 1269 K1 Venture.. .0.32285 words
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Page 19 Advertisements
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Advertisement100 2005-11-23 19 Singapore Expo w a% f timV 1 www.apmaritime.com TUVALU. SHIP REGISTRY .QJJIA LIT YS E RVIC E 1. Low taxM 4. Active rote and representation in IMO 2. Agreements with LACS members 5. Worldwide network of surveyors on surveys and issuance of statutory certificates No restriction on nationality of ownership100 words
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EDITORIAL & OPINION
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551 2005-11-23 20 EDITORIAL "IF Japan is going to be able to support a reasonable level of social welfare as its society ages, there will need to be significant increases in the consumption tax," the International Monetary Fund (IMF) noted in its latest review of the Japanese551 words
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Article, Illustration1145 2005-11-23 20 JOE BALADI - The cost of branding can sometimes be irrelevant, considering its importance JOE BALADI ONE of the most common questions CEOs are quick to ask on the subject of branding projects is: "How much is it going to cost me?" And the question is often1,145 words
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Article, Illustration796 2005-11-23 20 FRANK CHING - THE BOTTOM LINE FRANK CHING THE political rehabilitation last Friday of former party chief Hu Yaobang, whose death in April 1989 triggered off massive student demonstrations in Tiananmen Square, is encouraging to the progressive wing of the Chinese Communist Party, even though796 words
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Article, Illustration1086 2005-11-23 21 DENIS HEW - The development of an Asean charter is a golden opportunity for economic integration if it packs enough punch By DENIS HEW AMONG the issues that will be discussed at the Asean Summit in Kuala Lumpur in December this year will be the development of an Asean1,086 words
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Article, Illustration861 2005-11-23 21 ANDY MUKHERJEE - ANDY MUKHERJEE UNLESS there'sa last-minute surprise, the sequence of events at the World Trade Organization (WTO) meeting next month in Hong Kong appears easy enough to predict. First, trade ministers will say they expect to reach an accord on farm subsidies; then theFILE PHOTO - 861 words
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202 2005-11-23 21 Narayana Narayana Singapore - LETTER TO THE EDITOR Narayana Narayana Singapore THE Bukit Sembawang rights issue closed on Nov 7, a fortnight ago. Over the weekend, I received a call from a shareholder who, on my advice, had applied for his rights with cash through "an202 words
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Article10146 2005-11-23 22 SGX MAINBOARP 52-VMk Tel Last Vol Day Last Quote GrDtv M* GrYVt MM MCap High Loiik Code Company Sale +1- COOP) Wgh low Buyer Cvr Mt toll 75 2 5716 1st Software 5c .25 2.5 3 Mil 235 6 3148 8TelecomUS2c 7 unch 60 7 7 6.5 710,146 words
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Page 22 Advertisements
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Advertisement57 2005-11-23 22 jffSM Audemars Piguet Le maxtrc de I'horlogerie depuis 1875 m imi M Fmmjm Md Available f Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED. 541 Orchard Road #17-00 Liat Towers Singapore *****1. Tel: 6238 6678 Fax: 6238 6676. Ngee Ann City Tel: 6733 0618 Lucky Plaza Tel: 6737 464857 words
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Article6447 2005-11-23 23 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In local out In 5$ In US$ dy yr dy yr %dy *yr Nov 21 Chang* Chang* Chang* Change Omji Chang* Wbrld Index Preliminary 950.6 0.1 11.5 0.2 9.6 03 J3 EAFE Preliminary 934 J 0.1 20.9 0.4 10.4 0.5 6.1 EUWKPWIiwwh *****6,447 words
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Advertisement1228 2005-11-23 24 s i P S 1 NYK GROUP SOUTH ASIA PTE LTD r" vrmnr s «z- tel 6295 0123 V XVXIkIINE ratodf M 3 It LINE Fax:6292 2856(Regionalsales)/*****109(0P5)/6299 5785 (Doamertabon) 11 NIPPON YUSEN KAISHA TOKYO SD»AKU KASHA. UOi (C/R NO. **********0E) 7J^j^ood B f«i)f W 1 6?*****1 5 3'^ 2750 I1,228 words
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Advertisement575 2005-11-23 24 [inwraha rqro sarviq VKSa/VOT WW!) WGWIW) HU» «H LP I SW I JCT STUITS VBfTUK 24/05 IS 12 24/11 27/11 30/11 03/12 OS/12 Slum VWTUK 24/05 IS 12 11/12 21/12 2«/12 21/12 31/12 [AUSTRALIAN RQRO SERVICE 1 vtssa/vor jMgro JgggW jfl sw m stp m mm jkt sw ia FAMU/41575 words
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Advertisement1229 2005-11-23 25 www.homburgsud.com asia saga aw 1 mxxtr) asia snma sunc (ixpqrti W/Vww sSstfME PURIAN StPETWA SANTOS HAJAI PARANA6UA y WH |/Vw SINGAPORE OUINOSiURES RMGRANM SANTOS SfICTM Commodore 016W 30/11 11/12 21/12 22/12 24/12 75/12 0* Agufo 503W 24/11 It/12 22/12 24/12 25/12 tfonco Sinjopore 505W 07/12 11/12 2V12 N/12 31/12 01/011,229 words
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Advertisement1236 2005-11-23 25 VESSEL VOY SIM JKT HKG KHH M KYH WS VESSEL VOY sflT JKT SUB HKG USW PUS hykipge io3s 24/11 m 1/12 3/1? s/12 7/12 7/1; mTCSiNGArom sus 27/11 30/11 1/1? 4/12 10/1? 11/12 HY YLAtHVOSTOK 10S 1/12 3/12 1/12 10/12 12/1214/1214/12 KMTCIAKAKTA SI6S 4/12 7/12 8/12 13/12 17/12 11/121,236 words
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Advertisement705 2005-11-23 25 WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS vessel vot sm pjoamg coummo usheva COIOWBO HQWIAH IKIP&t (KH7W OS PEC MDK IUB IUB IiAB imam Mtzii2DK npk mk iim m INOItA GANDHI OWW 19 OK 18 DK 23 DK OM 2LM ALSO ACCPTMG KL TO705 words
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Advertisement1319 2005-11-23 26 WAN HAI INTERNATIONAL PTi LTD CXNO-. l4*9S9?oooo/l W\ WAN HAI LINES llnl hlllLJ m IB: (03) 334t8W NUfc (03) *****2 M m IK: (04) *****00 MX: 104)2294(99 JOH18:107) 251*923 FAX: (07)*****21 $1818:1011) *****75 fAX: (031) *****)4/*****05 www wnnhai tnm cn KT TH: 1071)*****81 FAX: (021) ***** M PUI18: 714M0/*****1 FAX:1,319 words
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Advertisement132 2005-11-23 26 GENIKI lines GENIKIf As Agents CROSSEAST SHIPPING PTS LTD operator code GK CR NO: 778 3202 0000 M Tel: 6327 1788 Fax: 6327 1588 •-rat boolqpg@crosacist.com.sg WtBSITt www.g«nlu com.my KUCHING WEEKLY WEDNESDAY SAIUNG BINTULU MONTHLY 2 SAILINGS GENIKIJOHOR GJI7BE 21/11 24/11 25/11 27/11 21/11 GENIKIJOHOR GJIBOE 01/12 02/12 03/12 05/12132 words
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Advertisement615 2005-11-23 26 vtssa voy sm Pgj voy sin jkt CSf 2301 0203P 24/JJ 25/11 PACHNTAN 9326 26/11 2g7Tj PAC lANDA 1608N 25/ M 25/11 PKWU 4194 ZMZZ^ZS|ZZ PACIANDA 1609N 26/11 26/11 PACIINTAN 9327 03/12 06/12 Jauai ozfiff a/ii ?//n ?y, www lilfi! 2ZZJU lt/H iSS SS —ftm— PACIANDA *****1 If/11 29/11 —gjj615 words
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Advertisement394 2005-11-23 26 ENG HE SNIPPING CO PTE IJDI I 'iriir M tSUIIM lIIIImI ha tUMM/UINtH I I m W MiWh ml.. w mwm l»|hllH» I I dhi IOTWMWt I VESSEL VOT SM ETA SIN ETD DESTINATION Buanottad 53/05 73/11/2005 24/11/2005 Dund/P tau/Buonn Union Star 8 50/05 24/11/2005 2S/11/2005 Jambi. MngTnp Sim fatal394 words
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Advertisement611 2005-11-23 26 BSA x MYANMA in FIVE STAR LINE (Myanmar National Line) Loading for Yang or VESSiI VOY SIN PKL PEN PGU PAGAN 348W SID PAGAN 349W SU) IN MALAYSIA: lOUSTEAD SHIPPING AGENCIES KUI/PKL 03-*****388 PEN: 04-*****15 ACCEPTING CONVENTIONAL C6O VESSa VOTNKGSW PKL KOI TM ITU SDK TWU SWBTEMNU 1 SU) SID611 words
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THE BUSINESS TIMES SHIPPING TIMES
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9201 2005-11-23 27 ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIM Oesfn Name Name Number Number SIN Dest'n Name Name Nwnber Number 07/12 12/12 PACCCont PACPAUWAN 734N *****655 To ABIDJAN (A B j) 2003 Cote D'lvoire 14/12 20/12 Nortrans ASIA EXPRESS I9,201 words
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Advertisement366 2005-11-23 27 ina Taiwan PSI (JSHgiL), KEE KHH TXG eg V— usa All IPI via LAX/NYC (MLB/AWS) LCL/FCL rates? HUB MARINE PTE LTD I BOOKING: *****375/718 MAINLINE: *****866 FAX: *****066 OPR CODE "DZ" CR NO **********0Z 1 MARKETING SALES: KELVIN MELINA LEE: *****187 I VKSa VOYAGE PK6 I SIN I YGN VESStI366 words
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Advertisement330 2005-11-23 27 FREIGHT LINKS EXPRESS PTE LTD 51 Penjuru Road, 3rd Level, Freight Links Express Logisticentre, Singapore *****3 Tel: *****511 SOUTH AMERICA CHILE M AQABA BUENOS AIRES SANTOS RIO GRANDE 3^99oBf^PlLliPil RIO DE JANEIRO VALPARAISO CALLAO CANADA ALEXANDRIA MALTA MAHE GENOA PANAMA CEBU DALIAN HONG KONG JAKARTA j QINGDAO SHANGHAI SURABAYA Booking330 words
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Advertisement265 2005-11-23 27 337N2^V11^2r01/l^OrO7/l^l ■PPJHI TIGER WAVE 338N 26-27/11 02-04/12 1 0-11/12 1 ■iMMMHiI TIGER SKY 339N 29-30/11 06-01/12 1 3-14/12 IB' MTlCTttfi 340N 03-04/12 09-11/12 17-18/12 ■MM TIGER SKY 341N 06-07/12 13-15/12 20-21/12 I PBMBB TIGER WAVE 342W 10-11/12 16-H/12 24-25/12 1 HHffif MAHTRAVHJiR 008 05-06/12 13-15/12 23-24/12 I BUmiLS TIGER CUFF265 words
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MOTORING
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Article, Illustration583 2005-11-23 29 SAMUEL EE - Global demand for thirstier Sport version of luxury SUVs is even higher By SAMUEL EE HIGH fuel prices have scarcely made a dent in Range Rover sales. And worldwide demand for the new Range Rover Sport is so good that production isARTHUR LEE - 583 words
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Article484 2005-11-23 29 SAMUEL EE - By SAMUEL EE FIRST, the vehicle log book went the way of the dodo when it was replaced by the log card. Now, from as early as February 2006, it will be the log card's turn, as physical documents associated with vehicle ownership484 words
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Advertisement72 2005-11-23 29 Presented Diners Club Card r„« w Ji»«»64i6 0980 World of Exclusive Privileges Treats Diners Club QHBinEfliwP tvtctc.Jiners.com.sg International ;4r < 2Hot Halal Cnfe (I Npl.in.uli- M.ill «(H 1*1 1VI (VHSOOiUl I antaliM' your lastc buds Willi spicy hiisiik* a( 21 lol I lalal C all* Willi your I liners C72 words
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Advertisement83 2005-11-23 29 T ;il«s«* >irals .»i VV# .f»0 iii*i( |m*i m in llilli 8 lirr rlioirr ol rollVr/KNi/solnlriiiliS Menu N.im Gorenu I'.timew.i «%k H.nn.inese Chicken Hice w K.iImi Don K.rmpoiu) Fned Hk e 5 Sliced Fish Thick Berhoon Soup SiiKj.ipore I .»k';.i f nod Th.ii Style Kw.iy Tr.iw (P.ihd Th.ii) Grilled Chicken83 words
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Advertisement103 2005-11-23 29 I f ■KjgaHjitg|jTO THE BUSINESS TIMES If you love food from IP the Land of the Rising Sun, this promotion is a J^K great opportunity to give your taste buds a treat! Offerings include Kitsune Udon (Japanese 4 noodles in a clear broth served with bean curd and seaweed), Tori103 words
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Advertisement80 2005-11-23 29 Chef's Special Menu 5 tasting glasses of wines $58.00 (NP $88.00) Champagne Bollinger Special Cuvee Brut Blanc Michel Lynch Graves AOC 2001 Chateaux Villa Bel Air Graves AOC 2000 Barsac Chateaux du Mayne 1988 (from Christies Auction) Calvado jHHBHHj Menu HK Goose Liver with Calvado Sauce «[ME| Lobster Bisque hHI80 words
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executive Money
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Article, Illustration1143 2005-11-23 30 GENEVIEVE CUA - Interest in the dividend yield story may be waning, thanks to the outlook for interest rates and for the economy, says GENEVIEVE CUA GENEVIEVE CUA Dividend yields have caught investors' imagination over the last couple of years, as low interest rates have made equities an attractiveSource: S&P/Citigroup, D , MSCI, AIIN AMRO Asset Management - 1,143 words
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1015 2005-11-23 30 GENEVIEVE CUA - With Bonus Builder, the firm has moved away from funds with complicated options By GENEVIEVE CUA AFTER a brief hiatus from the guaranteed funds scene, SG Asset Management is back with a new fund that is a departure from its previous guaranteed1,015 words
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Article246 2005-11-23 31 Chua Boon Lee - By Chua Boon Lee AFIB* lagging the broad equity market for most of 2005, technology stocks as a group sprung to Me in the past four week* rising by sSghtfy over 6 per cent as measured by the MSG World InfbTech index. Over the 12 months to Nov246 words
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Article, Illustration768 2005-11-23 31 JOSEPH CHONG - MONEY MATTERS Technical analysts say historical patterns reassert themselves because of investor emotion JOSEPH CHONG I HAVE always been fascinated by human history. As a 12-year-old, I found this section of the National Library my favourite. It was always relatively well stocked as it was presumablySource - 768 words
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Article4094 2005-11-23 31 UNIT TRUSTS FUNDS cm Money Sing Dollar Class I 1.0865/ Citi Pan-Euope Equty Fund 13/ im a—- *-|i Mj c'\ l! Qtfelect Aaia Tit Bauiwad 1.47/ n««i GtiSelectAsuTitGrcwIh \AU ShZiSi HSS GtiSelect Asia Tilt tnhGrti 13V ££E!r d HS2 GtiSelect Global GiwMh 12/ C* Global Healthcare Fund 0.98/ <V22 Oti4,094 words
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Advertisement8 2005-11-23 30 MONEY MATTERS Does history repeat itself? PG 318 words
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Page 31 Advertisements
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Advertisement54 2005-11-23 31 SCORE CARD Keep your investors informed by advertising your financial results in our newspapers. Caii 1800 289 8822 or email notices^sph.com.sg. DIT Europazins Best Bond Europe Fund over lyr, 3yrs and 5yrs category' s rated AA AlliatlZ (ifi) by Standard Poor's. Global investors Source: The Edge-Upper Singapore Funds Awards 200-154 words
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SPIRIT OF ADVENTURE
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Article, Illustration1091 2005-11-23 32 GREG WALDRON - Alain Li tells GREG WALDRON about his high-speed hobby that also influences his boardroom skills GREG WALDRON WHILE most CEOs of big companies have a great deal to be proud of, very few can claim to have won motor races at the Sepang circuit inFILE PHOTOS - 1,091 words
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Advertisement33 2005-11-23 32 4*r>;.^ GO BEYOND This weekly series profiling high-flying executives who find adventure outside of work is brought to you by Land Rover •7 MM (Mi MM) Winner of ovar 40 automotive awards worldwide33 words
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THE BUSINESS TIMES ENTERPRISE 50
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Article, Illustration339 2005-11-23 33 Uma Shankari - By Uma Shankari THE Enterprise 50 awards crossed its 10th year milestone last year. Entering its second decade, the award, a mainstay of the Singapore SME scene, is still going strong. Recent news reports have shown that SMEs here have challenges aplenty awaiting them, from toilgh competition339 words
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Article, Illustration1048 2005-11-23 34 CHEN HUIFEN - Oceantrade Foods founder Eddie Khoo tells CHEN HUIFEN how he got started in business CHEN HUIFEN OCEANTRADE Foods founder Eddie Khoofloes not have a university degree, but he considers that a Messing rather than a handicap. "I came out to work and learnt howCHRIS LOH - 1,048 words
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Article, Illustration872 2005-11-23 36 CONRAD TAN - Army parallels show up everywhere in the way PropNex chief executive Mohamed Ismail Gafoor conducts the day-to-day running of his company. CONRAD TAN finds out why CONRAD TAN J THERE is little doubt that PropNex Group chief executive Mohamed Ismail Gafoor takes real estattVery seriously indeed.PHOTOS: ARTHUR LEE - 872 words
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Article, Illustration956 2005-11-23 38 UMA SHANKARI - Sitra Holdings has come a long way since it was set up in 1979. Founder George Chew tells UMA SHANKARI what lies ahead for the company UMA SHANKARI JUST cutting and selling timber is not enough for home-grown Sitra Holdings. It now designs, manufactures and retailsFILE PHOTO - 956 words
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Article, Illustration855 2005-11-23 39 OH BOON PING - JPN Industrial works hard to set itself apart from its competitors. OH BOON PING checks out its value-added services OH BOON PING TO SURVIVE in the highly competitive used equipment trading market, offering value-added services and product differentiation is key, says JPN Industrial. "Importing and re-exportingREUTERS FILE PHOTO - 855 words
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Article, Illustration1074 2005-11-23 40 MANDE KHIN - Besides being a worldwide distributor of metals, Albedo has also developed two other core businesses. NANDE KHIN reports MANDE KHIN WHILE other small and mediumsized companies might balk at the idea of diversifying away from their original business, Albedo Corp had no such qualms andYEN MENG JIIN - 1,074 words
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Article, Illustration1020 2005-11-23 41 MATTHEW PHAN - Proper brand building has taken CarTimes from a traditional used vehicle shop to a credible company with 18 showrooms, reports MATTHEW PHAN MATTHEW PHAN USED car scams are infamous enough that economist George Akerfof once based a seminal essay, for which he later won the Nobel1,020 words
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Article, Illustration660 2005-11-23 42 ROLAND LIM - The company, founded in 2001, is working on solutions in industries as diverse as F&B and security, reports ROLAND LIM ROLAND LIM FANCY being able to count the number of sheep in different pens on a farm in an instant? Despite being "brought660 words
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Article, Illustration853 2005-11-23 43 OH BOON PING - Apart from streamlining its operations to up efficiency, GMP also plans to expand its placement network, reports OH BOON PING OH BOON PING IF THERE is one factor that is driving GMP Recruitment Services, it is its sense of mission in helping candidates find the853 words
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Article, Illustration1150 2005-11-23 44 MATTHEW PHAN - Identifying suitable local partners to collaborate with and investing in R&D are keys to BBS Access' consistent performance, reports MATTHEW PHAN MATTHEW PHAN IF THERE was an E5O Hall of Fame, Behrouz Gholamrezaey, chairman and CEO of BBS Holdings, would almost certainly be in1,150 words
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Article, Illustration901 2005-11-23 48 CONRAD TAN - Though small, this company has several unique features that enabled it to survive through some of the toughest years in the Singapore construction industry, CONRAD TAN reports CONRAD TAN TEAMBUILD Construction's business and development director Joseph Tsu is under no illusions about the sizeYEN MENG JIIN - 901 words
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Article, Illustration693 2005-11-23 49 MATTHEW PHAN - MATTHEW PHAN meets the new man at the helm MATTHEW PHAN IT IS odd t(} call up a company that placed 20th} in the Enterprise 50 rankings this year, ask'for the executive director, and be told "Mr Sashi Kumar is no .longer with the company".ARTHUR LEE - 693 words
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Article, Illustration929 2005-11-23 50 NG JIAK SEE - They should deliver a win-win solution for all the parties involved, says NG JIAK SEE NG JIAK SEE IN THE competitive business world, size of operation can be an advantage both in terms of reaping economies of scale as well as customer reach. For your929 words
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Article, Illustration1172 2005-11-23 51 SEAH CHIN SIONG - High-performance businesses excel at consistently making the critical decisions that give them the right strategic direction, market position and focus. SEAH CHIN SIONG explains SEAH CHIN SIONG HIGH-performanCe businesses have a knack for being in the right place at the right time. When one market matures,PINE TREE BY WU TSAI YEN - 1,172 words
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Article, Illustration1322 2005-11-23 52 WAYNE PEAT - A company's growth can be seriously hampered when HR professionals lack a clear view of workforce demographics and fail to plan for the future, warns WAYNE PEAT WAYNE PEAT AS COMPANIES continue to look beyond cost-cutting measures for producing a positive bottom line and re-focus onFILE PHOTO - 1,322 words
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Article, Illustration1307 2005-11-23 53 PAUL HENG - PAUL HENG looks at the twin challenges posed by an ageing population and a mature workforce PAUL HENG THE issue of an ageing population, and the related mature workforce, is an ongoing challenge for many countries in the world. Many western governments, such as Germany, France andFILE PHOTO - 1,307 words
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Article, Illustration1304 2005-11-23 54 HARSHA BASNA YAKE - Emerging companies can succeed only if their businesses face up to the fast-changing economic realities, says HARSHA BASNAYAKE HARSHA BASNA YAKE has always taken centrestage in the drive fj&r® cOTipmic development and it's not surprising that Singapore ha&trongly advocated this for a numberAFP - 1,304 words
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Article, Illustration936 2005-11-23 55 MICHEL BREKELMANS - A step-by-step approach for SMEs How can SMEs, with their tighter budgets and fewer resources, overcome the many roadblocks to international expansion? MICHEL BREKELMANS provides some answers MICHEL BREKELMANS GIVEN the increasingly global nature of the business world, small and medium-sized enterprises (SMEs) may be seeking936 words
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Article, Illustration1264 2005-11-23 56 STEPHANIE GAULT - Persistence to sustain the journey and ability to learn along the way are vital to reap benefits of changes, says STEPHANIE GAULT STEPHANIE GAULT IS YOUR company about to embark on a major change programme? Before you take the plunge, consider this: Although the ability1,264 words
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Article, Illustration1143 2005-11-23 57 SIDNEY LIM - SIDNEY LIM looks at ways of stemming erosion of an organisation's knowledge base SIDNEY LIM MUCH like other factors of production, knowledge is now held by most countries in Asia to be a critical organisational asset and an important economic resource. Singapore, for example, has a goal1,143 words
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Article, Illustration1038 2005-11-23 58 SHARAD APTE, VORALAK SUWANVANICHKIJ - Through customer segmentation, SMEs can streamline their business activities ana focus on right market segments, say SHARAD APTE and VORALAK SUWANVANICHKIJ SHARAD APTE, VORALAK SUWANVANICHKIJ IN AN increasingly competitive marketplace, companies are more intimately involving their customers as partners in building and sustaining value. Mass marketing isFILE PHOTO - 1,038 words
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Article, Illustration1261 2005-11-23 59 PAUL PRENDERGAST - PAUL PRENDERGAST explains how high-performance businesses use their finance function to achieve superior results PAUL PRENDERGAST COMPANIES in the world's five largest economies spend more than US$2OO billion each year on their finance functions but many of them continue to be plagued by uneven financialFILE PHOTO - 1,261 words
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Article, Illustration952 2005-11-23 60 DAVID TOH, EVELYN LIM - DAVID TOH and EVELYN LIM look at tax and legal issues Singapore companies have to take care of before any China deals DAVID TOH, EVELYN LIM FOR some years the Singapore government has encouraged local businesses to expand their operations overseas. The call wasREUTERS - 952 words
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Article, Illustration1457 2005-11-23 62 MEI SHIAO CHEN - Thinking about expanding overseas but lack access to funds? MEI SHIAO CHEN discusses the various financing tools available for SMEs MEI SHIAO CHEN Q: What role does financing play in a company's progress? A: Financing, or access to financing, fuels a company's growth and isFILE PHOTO - 1,457 words
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Advertisement386 2005-11-23 33 Coordinator Uma Shankari EdHor Elaine Koh Sob-odHor* Leong Sau Ming, PK Suresh Artkts Gareth Chung (cower), Ben Ciuz Photograph** Chris Loh, Arthur Lee, YfcnMengJiin Albedo Iniml^Hs THE RO Ait>efoCk>rporat>on is a distributor aitf aoent for world class producers With the knowledge expertise and networks gained initially from product* and solutions386 words
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Advertisement87 2005-11-23 34 4 i 5 2003 2005 Celebrating Singapore's Enterprising Spirit Better Business Performance ->..•« i i Delivering the best value IT Solutions: Enterprise Infrastructure Services Business Solutions System Integration IT Managed Services We Thank You Trusted partners, customers and our unflagging team enabling us to win the Enterprise 50 Award for87 words
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Advertisement74 2005-11-23 35 Our Heartiest Congratulations 1 Green Pin® P METALS jjT Vanßeest Haggle Steel Wire Rope V *J, '-S RHSWIfC A SS2. AS AC i BLUE Bureau b.v. Asian star AnchorChato \BROHL\ yiffiEß £70#® StefJO. GN ROPE FITTINGS QOhwhw <!«> Ingersollfland 5& 'Ij l OZfTtlMtlT fTiC) JS OFFSHORE SUPPLY PTE LTD Orion74 words
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Advertisement211 2005-11-23 36 xiy I Jfh FißST.media enriching understanding enriching partnership k A 4 k How thinking different breeds succesls. I One different thought can Create a mountain an anthill, imagine if arts worked together to bring back even more for their colony... Would they dominate the insect world? Our different idea? We211 words
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Advertisement281 2005-11-23 37 ys CHPimp EAST ASIA) PRIVATE LIMITED) 205 Henderson Road #02-01 Henderson Industrial Park Singapore *****9 Te aX: mail adc,ress: sales@lechamp.com.sg Website:www.le-champ.com PEOPLE ARE THE DRIVING iflgE\ FORCE BEHIND OUR PURSUIT OF EXCELLENCE 2002 2003 2004 an uuuuu yjfloHl aKHAL Celebrating Singapore'* |WfW JHhVHKp' Enterprising Spirit, iLJllili nl J Jk IfiiiWe281 words
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Advertisement162 2005-11-23 38 >p- V r V'/w, j I I jra xP9 M I m Hf mm f ff m fl J fsgßft JUi" mm m-m ,m JHHHHIHHi v ,j 3*n- rf.i >lu.i<. iJ eofr t|tMi I eSys ranked No.l in Enterprise 50 Awards, 2005 VqlnJ What do you do when you become162 words
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Advertisement54 2005-11-23 39 :1 V pMS»y T- i3@S, ■SnuHgnHH fl yr j&» j>- <* 1?. -ti f <w .S V-., *'y' ;?.&>•- -.Jm •*v ,%-ti i, £>3Baß3| 1* j• ji -X.a'^AJ^X, i I -w fcw f F*PfBP« j^p^ra^^Hß «s I|K j n 9*p® ro tMHtfvMjQ^PK^HSV jpwm B T«i: *****018 r«x: *****771 ooa Website:54 words
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Advertisement184 2005-11-23 40 i ?':*i'-*S V Sei Woo Technologies Limited is honoured to be listed among the Cehbntiag Singapore'* T• ii -p elite of Singapore s Enterprises. v'> I V. I fI. Established in 1962, Sei Woo has over the years, grown into one of Singapore's leading organizations with a solid foundation in184 words
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Advertisement48 2005-11-23 41 r| h 29 y I /jdV Eu v -^faaHHBB 8.8.5. jiP J9HHH|H^HBHHBB^^HHHhh w V v Hl^i^ 0 Celebrating Singapore's '£A"ST' iMSBSuSt Enterprising Spirit the tenth year 2 0 0 3 10 Tannery Lane, BBS Building, Singapore *****3 Tel: (65) 6559 8500 Fax: (65) 6559 8560 Email: bbsaccess@bbsgroup.com.sg www.bbs.com.sg48 words
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Advertisement246 2005-11-23 42 KIMANN J ISO 9001 2000 Certified W Our Key Products And Services: \Machinery Engineering Steel Plastic Mould Steei Alumoki ij \Nickel Alloy and Stainless Steel world class partners Wear Resistant Plate ill 111 ill mi wiiii in n■ i ii iiwmww i mmm mm 1• Forging Close Open Die Ring246 words
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Advertisement128 2005-11-23 42 -.v^' v :.e HH MIITII THE ERA AIMARII ■WW IK Evil H Wit MI I II I AGAIN, TEAMBINUK II cflnsntieTiflN PTE in II is roisfi m i urn n i MmM] level of dynamism JJ L From a fledgling company in the competitive construction business, kS'V > >* i<128 words
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Advertisement38 2005-11-23 43 With more and more multinational companies setting up operations in China, GMP is aiming to expand operations to other parts of that country such as Suzhou, Guangzhou and Beijing. Currently, the agency has only one office in Shanghai.38 words
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Advertisement386 2005-11-23 43 linico issiB tßttrprtttof Spirit AT THE HEART OF ENTREPRENEURIAL EXCELLENCE r■ a jam Mil yikifl H^H ■K&£rr' j^B^BE m SI 1 Yfcr -lb i I m\ mf m mm ■Pi r;.u>rl aM?' h>l |v j^^W^^^aga| jH^^^H^^^H^^B Ip 7jf J nsj W*- f« lii I flB sjgHgf,. yiwam i tT7 n386 words
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Advertisement148 2005-11-23 44 w ....m* i EBTCrrvWMJH .iMdi jl l|. "f^^V^K3H f 4]®* *fo 9h is proud to be a winner of the Enterprise 50 Award. A BIG THANK YOU to all our valued customers, business partners and our team of dedicated staff for their unwavering support. We remain committed to providing the148 words
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Advertisement170 2005-11-23 45 M& t c m i i i 'A f 4F* at "Iff* lltiliriil J* v A:.. >aA L x:'•< v >■'*£&&& SSbSM y«» I s |4 U #jfa>% *^4s%j&m^.. JJJLJTU^ A"'• rtV^JCijrL MPtlj# te f*i't"/' i ji>l. J i j^P^f.||if 9Wl^imQ»j^r l ijj^J^ rno§t st5C3 Award, Alcot€>c Is further insDtrod170 words
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Advertisement118 2005-11-23 46/47 Our heartiest congratulations: MBUKM InTer- JMshc J* BMlMaliH Kiwiiwraiwpoii ink i ""l'"! advocates A solhttom, NOTARY pi'fti.K. commissioner por oaths CONTRACT SERVICES Industrie* Council 1 rlwMwJ^JZk l «(itmm Industria De Peles Pampa Ltda Gruppo Mastrotto Italy JiangShaJiang Sofa Components Co., Ltd Heap Heng Leong Sdn Bhd M-System Foam Sdn Bhd118 words
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Advertisement28 2005-11-23 48 E2D i*V« f T Star Technology I AVAyA (ec) Hytex Services Pte Ltd ECI TELECOM EdStCOVTI Systems Pte Ltd Prime Express Travel Pte Ltd SSN Industries Pte Ltd28 words
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Advertisement375 2005-11-23 49 I amongst jI «K W l*l*rprhii!f S/HriF 2| I promise that we will not rest on our I S laurels and that our company will I continue to move from strength to PROFILE I strength.This accolade that we have WEC formerly known as Wah-Chang I garnered not only stands as375 words
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Advertisement142 2005-11-23 50 Bk Ik ■J M «fl h -lis < V BB^^B^'^jfß I' llfl^^K,:'-—• ro f 11 B« Jl| I 'ijifiiS B 111! j&x- ii v* -?*4i A I /N&T^I ■> i- Te <%; JtfelP I^O'Nj%.-f f &*—rf f< fir— I >45 TlTli'l T~' "":V -M*' Ju -J V? v -f!- I142 words
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Advertisement178 2005-11-23 51 I 1 A local brand helps the world take a break. "Mi .1 H t I iHkJIUuMM V I jJBr If b A global bank helps the local brand get the right breaks. When local brands want to expand across borders, they find a perfect We will work with you178 words
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Advertisement289 2005-11-23 52 dSip rp. fe"", Car limes Singapore's Leading Choice For New Pre-owned Cars WWWXartimeS.COm.Sg Mnfeifli jfl i jfet M n|H^ ■■■I ■*Mfe f -V W* tS time r t0 j Ce ebrate yet agam at Car Times as the company has just been awarded values is to sen/e our customers with289 words
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Advertisement177 2005-11-23 53 Achieving New Heights of Entrepreneurial Excellence K K Asia Re Ltd is a highly successful plastic Celebrating Singapore's f J| s 1 recycling business that has built its sterling reputation by flv offering cost-efficient alternatives to fj! vB prime plastic sources. Specializing i n recovering and reprocessing the most un-recycleable177 words
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Advertisement92 2005-11-23 53 CURRICULUM VITAE sr SS3E2— #57-00, OUB Centre, Singapore *****6 URST-RATE HR COMPANY MY TO WIN THE ENTERPRISE SO AND shape destinies. ACHIEVEMENTS 5(105 Enterprise 50 9nrw HR Entrepreneur Award Regional Headquarters Award, EDB I Singapore Promising Brand Award 2003-2006 President, Singapore Staffing Association I 2001-2005 Entrepreneur Award Finalist I President,92 words
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Advertisement284 2005-11-23 54 We've got it! have been awarded the r A Celebrating Singapore's prestigious Enterprise 50. Enterprising Spirit Mr. Eddie Khoo First it was the Accenture/The Business Times E5O Startup Award in 2003. Then we won the ASME Executive Chairman and Entrepreneur of the Year Award in 2004. And now, Oceantrade Foods284 words
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Advertisement118 2005-11-23 55 a t/e'a Environmental Technology v ~~3^| **cpHR^^HIV9M|||VIIIIB9HIHHH»««4HfIHHiI^^^VVHHHHHNHI^MH^^HBII^^^^Hki,_i jtf > r ,^|9»iß|i|!j!j|!i!||3u »*feiLfc- 3&.H JtfjfcL. I! i Iff Li4^^^H|MBB|BMBMUM|HMn||iMMIHI^^MH ■I Ht tto jnjSMiw ><**^MiMHMMMiiAliflißflWiiiiANißßMiti«Mli^^H^^H^^^^^HHiHßßHHll^^HßHlßf2 H PC I tt a mmfc Our Strategic Partners a t/ea a t/e*a 2 0 0 5 o^ol nft IK 5^ Celebrating Singapore's Enterprising Spirit AJPC «**>a#i**«)118 words
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Advertisement199 2005-11-23 56 Building a brighter future with our eso.start-up award 2005 "Thank you to all who have been instrumental in supporting PropNex to have the honour of receiving the Accenture and The Business Times' eso.startup 2005. The award is the catalyst for us to gear towards greater heights in the areas of199 words
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Advertisement277 2005-11-23 57 (global) AUTO. LL,,'l-sr..!s I GLOBALIZATION THROUGH INNOVATIVE IDEAS Enterprising Spirit I' Indeed, it's a great honour to be listed among the 50 'Tl ft V |H most enterprising companies in Singapore for 2005. H< H M 111 Jjßl IHi U Since our incorporation in 1992, we have been riding I277 words
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Advertisement157 2005-11-23 58 sM 4 OUR S U LT ON YOUR SUPPOfflfiL Sitra Holdings is pleased to announce that we have been honoured with the 'Enterprise 50' award (or 2005. Since 1979, Sitra Holdings has been consistently serving J|9Br the industry with dedicated expertise, culminating in our being honoured with this award for157 words
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Advertisement178 2005-11-23 59 f IB B 1 i.B Asia Polyurethane celebrates its 2nd m IIL 1 MM tiVe yBar f winning the Enterprise! j|K|ijfr.r.EvHH|K Jj| LgJH 50 Award and the occasion of its CEO, Mr 8 Erman Tan, winning the ASME/Rotary L Ciub Entrepreneur of the Year ***** 4mllPi!^ Award. Jr Iji*— m178 words
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Advertisement431 2005-11-23 60 £/i& 7in£aj£rU& JO cuaurc/y /uts reiu/n/^aju^i/^ This award is a testimony of our relentless pursuit toward excellent f product and service quality. We will strive to continuously deliver jjf our promise of providing the best food for our customers, quality M life for our family and creating fulfilling lives with431 words
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Advertisement142 2005-11-23 61 1 fjß)' r tfjfc 1 BENG CONSTRUCTION GLASS GvanHoConstructionCo.Pte.Md. 11 i llV}' KEONG HONG CONSTRUCTION PTE LTD f I sB(| S^ H T| jTH *M j W' CHYE SUN GLASS PTE LTD SMWr ALllH, n,,H rre u* aipho METALS MARKETING PTE LTD J OO METAL PTE LTD MAC-VIN RUBBER PTB142 words
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Advertisement86 2005-11-23 62 BINTER CO. PTE LTD is proud to be an E5O Company for the third consecutive year. Y Urcontr are int^ ral tooursucces s* fsHi iJr M£M > #.W.< ii/A /9 ry-w Ur .KV S£fe-toPsle4s- <^&n>artoltoltoti-&M-4 Bridgestone Corporation Car Image Co Ltd En-Ti re AUTOMOTIVE Goodyear Singapore tyres Kumho Tire Co.86 words
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Advertisement82 2005-11-23 64 8 DBS Jjgfr-T V' s'- «v»'»* 'it '\''S -J* "^v-- I•• VfedalS U- %vrrjtej7? r ,V. We are honoured fro have supported i A the many star performers of Singapore enterprises through our comprehensive J product and service capabilities: I mS Trade foreiqn exchanqe services Corporate internet banking jf Business82 words
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Advertisement339 2005-11-23 65 THE WINNERS 1. eSys Technologies Pte Ltd 27. Tru Marine Pte Ltd 2. APS Asset Management Pte Ltd 28. Nfegratos Pte Ltd 3. BBS Access Pte Ltd 29. GMP Recruitment Services 4. Asia Polyurethane Mfg Pte Ltd (S) Pte Ltd 5. Astralink Technology Pte Ltd 30. Oceantrad" Foods Pte L339 words
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