The Business Times, 14 February 2006
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2006-02-14
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The Business Times
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Title Section18 2006-02-14 1 THE BUSINESS TIMES Tuesday, February 14,2006 IlN€m*£-¢s N i—l online at http://business-times.asial .com.sg fflMlMlMlll'Ufl'llN ITl"""" MICA (P) 089/03/200518 words
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Article, Illustration678 2006-02-14 1 ARTHUR SIM - Romance is good for business on Valentine's Day By ARTHUR SIM [SINGAPORE] It's the most romantic day of the year, and couples have one thing on their mind. And this year, it seems, more businesses are hoping to get some action too. For restaurateursARTHUR LEE - 678 words
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Article138 2006-02-14 1 STI 2,429.50 (+5.91) ST INDEX FUTURES 2,432.00 (+5.00) SIMSCI 287.92 (+0.78) SIMSCI FUTURES 288.70 (+0.60) MARKETS Monday Change KLSE COMP 922.77 +2.46 NIKKEI 225 15,877.66 380.17 HANG SENG 15.312.09 -113.86 SET INDEX Closed JAKARTA COMP 1,252.40 -0.70 MANILA COMP 2,087.64 +2.35 SEOUL COMP 1,320.79 +14.44 SHENZHEN B 255.16138 words
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929 2006-02-14 1 GEORGE JOSEPH - New chairman, CEO among changes at subsidiary that develops airport projects abroad By GEORGE JOSEPH [SINGAPORE] The Civil Avi- < ation Authority of Singa- s pore (CAAS) unit set up to I develop and manage airport projects overseas has 1 undergone some key man-929 words
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Page 1 Advertisements
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Advertisement10 2006-02-14 1 FINANCE EXECS S'pore CFOs second higjiest paid in region PG210 words
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Advertisement14 2006-02-14 1 COMPANIES -ggjl 1 I VjV V. Focus on food court operator Koufu PGI6 814 words
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Advertisement165 2006-02-14 1 Cj hotel business Pontiac chairman on how to boost occupancy SHIPPING NOL eyes India rail freight licence PG2 «Quadrato Dual Time Perpetual Rtr. 310-90/69 Mechanical Perfection Contemporary Aesthetic wr pl r. I The only perpetual that adjusts back- and forward from a single crown, even in the year 2100. The165 words
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TOP STORIES
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631 2006-02-14 2 WONG WEI KONG - Compliance expertise is in demand, according to poll findings By WONG WEI KONG [SINGAPORE] Chief financial officers (CFOs) and finance executives in Singapore are the second highest-paid in the region after those in Hong Kong and China, with compliance expertise in631 words
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Article, Illustration544 2006-02-14 2 DONALD URQUHART - INDIAN BUSINESS By DONALD URQUHART [SINGAPORE] Neptune Orient Lines' container division APL is expected to be one of several parties acquiring licences to move containerised cargo on India's state-owned rail network, following government moves to end a monopoly in the sector. TheFILE PHOTO - 544 words
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Article, Illustration439 2006-02-14 2 CONRAD TAN - By CONRAD TAN [SINGAPORE] India will soon open its doors to foreign companies seeking to list there, as part of an ambitious plan to make the Indian capital market one of the world's best in a year's time, according to its chiefBLOOMBERG - 439 words
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Article561 2006-02-14 2 BCB mounts hostile bid for Southern Bank BUM I PUTRA-Commerce Holdings (BCB) yesterday announced a hostile takeover of Southern Bank, offering RM4.08 (Ssl .79) cash per share and valuing Malaysia's second-smallest lender at RM6.17 billion. BCB's bid values Southern at 1.8 times book the same as Temasek Holdings'561 words
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439 2006-02-14 4 S JAYASANKARAN - Offer of RM4.08 a share represents a tiny premium to the market price By S JAYASANKARAN in Kuala Lumpur MALAYSIA'S second-larg-est lender Bumiputra-Com-merce Holdings (BCB) yesterday announced a hostile takeover bid for Southern Bank, offering 8M4.08 (S$ 1.79) cash per share and439 words
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Article, Illustration307 2006-02-14 4 CONRAD TAN - By CONRAD TAN [SINGAPORE] THE former chief financial officer at Accord Customer Care Solutions (ACCS), Yip Hwai Chong, yesterday pleaded guilty to 88 charges and was sent to jail after failing to post bail of $1.4 million. Yip who had his original 98FILE PHOTO - 307 words
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Article, Illustration492 2006-02-14 4 VIKRAM KHANNA - By VIKRAM KHANNA (SINGAPORE) The feelings of some Thais against the sale of Shin Corp are not aimed at Singapore, a visiting Thai politician said yesterday. "It's unfortunate that the foreigners involved in this case happen to be Singaporeans," said Abhisit Vejjajiva. the leaderARTHUR LEE - 492 words
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Article204 2006-02-14 4 IN a 73 billion baht (S$3.3 billion) deal on Jan 23, Temasek bought 49.6 per cent of Shin Corp, which was owned by the family of Thai Prime Minister Thaksin Shinawatra. To facilitate the deal, Temasek set up two wholly owned companies, Aspen Holdings and204 words
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450 2006-02-14 4 RONNIE UM - By RONNIE UM [SINGAPORE] Hong Kong and New York-listed PetroChina controlled by Chinese state giant China National Petroleum Corp (CNPC) has been identified as local trader Hin Leong Trading's partner in its Ss7so million Universal Terminal being built on Jurong Island. "It450 words
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Advertisement29 2006-02-14 2 Get a Leading Edge Your sailing schedules get wider attention in The Business Times shipping pages Call Bernard Ong at 6319-1645 or Michael Chng at 6319-2026 I Shipping Times29 words
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Page 3 Advertisements
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Advertisement145 2006-02-14 3 ZENITH SWISS WATCH MANUFACTURE 865 .rfcEy*.-:'- '^jgg;-5f '~id*' i nuHP^ J0 only demonstrations of ,JpfrN cocteau If f: Slai Open... .i liibnlc to I o\e A passionate intci pretat ion ol linn." rc\ealin<| in ;i Ihmii shape 11 u woild lamons I I I'limeio calibei. 1111 it] i ii'l\ Maimlaclnied145 words
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Advertisement220 2006-02-14 4 He JjKmk- v ■L* v i"--n|fe,i iiniif "iifr I FOMJESS I UPGRADE our draw (in Sf Fly ANA Business or I 1' s Pnze p One Business Class ticket J1 H Economy Class from Simply make one business I Singapore-Tokyo-Singapore I H| Singapore to Japan and get class round trip220 words
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Advertisement579 2006-02-14 5 ASCOTT GROUP A Member of Capita Land A Better, Stronger and Greater Ascott The Ascott Group Limited (Ascott) received its shareholders' approval at the Extraordinary General Meeting held on 13 February 2006 for: Proposed Sale of 12 Properties to Ascott Residence Trust* ("ART") Proposed modifications to Share Plans Pronosed Preferential579 words
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COMPANY NEWS
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Article, Illustration539 2006-02-14 6 CONRAD RAJ - CORPORATE RESULTS Results reflect acquisition of a 51% stake in Cosco Shipyard By CONRAD RAJ COSCO Corporation (Singapore), the local bulk-ship-ping and ship-repair arm of China's largest shipping group, reported record earnings and turnover for 2005 following the acquisition of a 51FILE PHOTO - 539 words
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Article, Illustration518 2006-02-14 6 SAMUEL EE - By SAMUEL EE COMFORTDELGRO'S financial results for the fourth quarter ended December was again dependent on two familiar challenges surging oil prices and stiff competition in the local taxi trade. The land transport company yesterday said fourthquarter net profit nudged up 1.2 per518 words
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362 2006-02-14 6 CHEN HUIFEN - By CHEN HUIFEN BUOYED by demand for waste-water treatment, Bio-Treat Technology yesterday reported a 29 per cent jump in interim net profit to 166.4 million yuan (5533.7 million) and is eyeing more long-term contracts to boost its performance. For the six months ended Dec 31,362 words
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Article365 2006-02-14 6 ROLAND LIM - By ROLAND LIM HELPED by a 79.1 per cent rise in revenue to US$l7.4 million and better margins, Global Testing Corporation achieved a fourth-quarter net profit of US$7.4 million, up from just US$O.B million in the year-ago period. This helped lift the semiconductor tester's net365 words
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Article261 2006-02-14 6 VEN SREENIVASAN - Robinson Q2 earnings rise 10.1 By VEN SREENIVASAN DESPITE a 5.5 per cent year on year dip in revenue to $102.76 million following the closure of some outlets, retailer Robinson and Company saw a 10.1 per cent rise in net profit to $13.2 million for its second quarter ended Dec261 words
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347 2006-02-14 6 TAT Hong Holdings, a leading crane supplier, yesterday unveiled yet another sterling quarter, reporting a more than seven-fold jump in net profit to $17.34 million for the three months ended Dec 31. This was due to strong operations and a one-time gain from347 words
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598 2006-02-14 6 LESLIE YEE - HOCK LOCK SIEW By LESLIE YEE ON FEB 3, Greatronic released a letter from the Commercial Affairs Department (CAD) addressed to its former independent director, Lum Choong Wah. The CAD told Mr Lum it will not investigate suspected fraud at Greatronic's key Malaysian unit as598 words
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Article, Illustration473 2006-02-14 7 WONG WEI KONG - CORPORATE RESULTS Sales target exceeded by $98m in record 2005 results By WONG WEI KONG SOFA maker HTL International Holdings is rewarding shareholders with special dividends and a bonus issue, after a record performance in 2005 which saw the company exceed its sales target473 words
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315 2006-02-14 7 SIOW LI SEN - By SIOW LI SEN CEREBOS Pacific said yesterday higher costs had led to a fall in operating profit, although lower tax helped it post net profit up 11 per cent to $25.6 million, for its first quarter to Dec 31. The company315 words
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OTHER RESULTS
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Article33 2006-02-14 7 WING Tai Holdings' has posted a trebling in second quarter net profit to $33.45 million. Turnover for the three months ended Dec 31, 2005 quadrupled to $153.95 million.33 words
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Article36 2006-02-14 7 MICRO-Mechanics (Holdings) has reported a 28.6 per cent rise in interim net profit to $3.66 million. For the six months ended Dec 31, 2005, revenue rose 13.5 per cent to $15.4 million.36 words
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35 2006-02-14 7 JAYA Holdings' second quarter net profit has risen 39 per cent to $41.34 million. Revenue for the period ended Dec 31, 2005 was up six-fold at 126.6 million.35 words
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37 2006-02-14 7 BRILLIANT Manufacturing has posted a 7 per cent drop in first quarter net profit to $5.65 million. Turnover for the three months ended Dec 31,2005 also slipped, to $46.18 million.37 words
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39 2006-02-14 7 SIM Lian Group's net profit for the six months to Dec 31, 2005 has risen a tad to $7.01 million from a year earlier. Turnover rose to $74.22 million from $71.46 million.39 words
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44 2006-02-14 7 PORTEK International has recorded lower interim profits despite a 48 per cent jump in revenue to $50.3 million. For the six months ended Dec 31,2005, net profit slipped to $3.2 million from $3.3 million due to weaker margins.44 words
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36 2006-02-14 7 FJ Benjamin has posted a trebling in second quarter net profit to $3.73 million. Turnover for the period ended Dec 31,2005 rose 36 per cent to $52.10 million.36 words
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Article54 2006-02-14 7 AXIS Systems Holdings has reported a drop in net profit and turnover for the quarter ended Dec 31, 2005. Q2 net profit fell 16 per cent to RM4 million (Ssl .8 million) from a year earlier while turnover was down a sharper 30 per54 words
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Article30 2006-02-14 7 STAMFORD Land Corporation has doubled its net profit for the nine months ended Dec 31,2005 to $14.96 million. Turnover rose to $164.22 million from $157.15 million.30 words
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Article44 2006-02-14 7 LUM Chang Holdings has posted a net loss of $178,000 for the quarter ended Dec 31,2005, against a profit of 1.1 million previously. This was attributed to a 53 per cent fall in Q2 revenue to $21.1 million.44 words
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36 2006-02-14 7 MMI Holdings has reported a 57 per cent surge in second quarter earnings to US$ll.5 million. Revenue for the period ended Dec 31,2005 jumped 30 per cent to U*****.1 million.36 words
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Advertisement92 2006-02-14 6 AVE tax/ Our qualified professionals can assist you with offshore structures, shelf companies H and incorporations in ALL British Virgin Islands Cayman Islands Bahamas Mauritius Hongkong Samoa Full nominee, management, secretarial, banking and corporate administration services are available. We also specialize in offshore trusts for assets protection estate planning. For92 words
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Advertisement145 2006-02-14 7 fill r tfe 'W B4# W 'r^saiS Hf ."jsSISs SINGAPORE AIRLINES FLIES TO MOSCOW 3 TIMES WEEKLY. Win a pair A of tickets with accommodation to this fascinating city. Join us at the Caltex House, Raffles Place AS/T^ on 16 and 17 Feb 2006. 11.30 am 2.30pm. Here's your chance145 words
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SINGAPORE MARKETS
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Article, Illustration483 2006-02-14 8 TEH HOOI LING - STOCKS SGX continues impressive run-up, China Essence heads actives list on debut TEH HOOI LING Senior Correspondent UPGRADES in certain blue chips and outstanding results in others helped prop up selected stocks while the broader market consolidated after the solid gains chalked up so farSource: Bloomberg - 483 words
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Article, Illustration750 2006-02-14 8 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS (Disclosures made on Feb 13 and earlier) Subsantial Mo of Pirke SHAREHOLDING Shareholder/ Buy I Shares Per Before After Stock Trans Date Director Sell 'OOP Shr COOP) COOP) See Hup Seng 10-Feb-06 Wu Hsien-Min Sell 800 na ***** 7.65 ***** 7.18 Magnecomp 10-Feb-06 Thai750 words
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148 2006-02-14 8 SUN Media Investment Holdings continued to reduce its stake in Sesdaq-listed publishing group Sun Business Network late last week, through a sale of three million shares at 7.5 cents each in the open market. The sale pared Sim Media's interest to148 words
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63 2006-02-14 8 CHEN HUIFEN - By CHEN HUIFEN ASIA Power Corp substantial shareholder Powermatics Investment has cut its stake to 5.63 per cent, from 7.05 per cent through a sale of five million shares at 16 cents each. The transaction, conducted through a married deal, was made63 words
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Article, Illustration924 2006-02-14 8 CHEN HUIFEN - Compiled by CHEN HUIFEN Raffles Medical Group F«b 13 dose: 64.5 cents DBS VICKERS SECURITIES, Feb 13 RAFFLES Medical Group (RMG) presented FYOS results that were in line with our expectations. Revenue grew 11.3 per cent year-on-year to $112.9 million, boosted by strong influx of local and foreignSource: Bloomberg - 924 words
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Article, Illustration530 2006-02-14 8 LARRY WEE - CURRENCIES LARRY WEE Senior Correspondent THE Chinese yuan and Malaysian ringgit once again scaled fresh postdepeg highs yesterday to finish the Asian session at 8.0458 yuan and 3.7235 ringgit per US dollar, blithely ignoring an otherwise spirited come- back by the greenback elsewhere.Source: Reuters - 530 words
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Advertisement585 2006-02-14 9 ROBINSON AND COMPANY, LIMITED Incorporated in Singapore Co. Reg. No. *****0011H INCOME STATEMENT FOR THE SECOND QUARTER ENDED 31 DECEMBER 2005 (0 The Directors are pleased to announce the unaudited results for the second quarter ended 31 December 2005:GROUP 3mthsto 3mthsto 6mthsto 6mthsto 31 Dec 31 Dec 31 Dec 31585 words
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Advertisement783 2006-02-14 9 3. CASH FLOW STATEMENT FOR THE SECOND QUARTER ENDED 31 DECEMBER 2005 GROUP 3mthsto 3 mths to 6mthsto 6mthsto 31 Dec 31 Dec 31 Dec 31 Dec 2005 2004 2005 2004 $'000 $'000 $'000 $'000 CASH FLOW FROM OPERATING ACTIVITIES Profit before taxation 16,758 10,758 21,518 14,166 Adjustments for: Investment783 words
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Advertisement1186 2006-02-14 9 7 CHANGES IN ACCOUNTING POLICIES The Group has adopted the same accounting policies and methods of computation in the financial statements for the current financial period compared to the audited financial statements as at 30 June 2005. In addition the Group has adopted all the new and revised Financial Reporting1,186 words
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COMPANY NEWS
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Article, Illustration662 2006-02-14 10 MICHELLE QUAH - Judges agrees that there is a difficult question of law, with repercussions for the Singapore economy By MICHELLE QUAH LAWYERS for former member of parliament Lew Syn Pau and Broadway Industrial Group executive chairman Wong Sheung Sze succeeded yesterday in getting their662 words
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362 2006-02-14 10 LESLIE YEE - By LESLIE YEE COMMENTING on speculation that DBS Group Holdings may join forces with Hana Bank to buy a 50.5 per cent interest in Korea Exchange Bank (KEB), Macquarie Research said the bid needs to go beyond the reported $8.6362 words
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216 2006-02-14 10 FEDERAL International (2000) Ltd, an engineering and procurement specialist in the energy sector, yesterday said that a consortium it is part of, has won a 10-year contract worth U5591.33 million from PetroChina International Jabung Limited. The contract requires the group to provide time charter of216 words
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Advertisement8 2006-02-14 10 ±9 *%v. <$&, I 1~, i nif f'TrMMKi'" ?F8 words
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SINGAPORE NEWS
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Article, Illustration331 2006-02-14 11 LESLIE YEE - Unit trusts averaged 12.35%, sum assured to DPS members increased By LESLIE YEE UNIT trusts in the CPF Investment Scheme (CPFIS) averaged a 12.35 per cent return last year, while in-vestment-linked insurance products averaged 10.68 per cent, according to figures from Standard Poor'sFILE PHOTO - 331 words
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403 2006-02-14 11 GENEVIEVE CUA - By GENEVIEVE CUA AXA Private Equity is gearing up to allocate US$55O million to fund managers in the Asia-Pacific for its fund of funds portfolios, thanks to a "maturing" market for private equity in the region. To date, AXA has made commitments worth403 words
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SINGAPORE ROUNDUP
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186 2006-02-14 11 THE new agreement for the avoidance of double taxation between Singapore and Malaysia came into effect yesterday, its provisions covering income derived on or after Jan 1 next year. The revised terms of the agreement which was signed in Oct 2004 include: Withholding tax186 words
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Article104 2006-02-14 11 DEPUTY Prime Minister, Coordinating Minister for National Security and Minister for Law S Jayakumar is in Bangkok from yesterday to tomorrow, attending the second meeting of the Asean Charter Eminent Persons' Group (EPG), the Ministry of Foreign Affairs said yesterday. The statement said the visit is104 words
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950 2006-02-14 12 CHUANG PECK MING - YESTERDAY IN PARLIAMENT We want casino investors to succeed, says DPM Wong By CHUANG PECK MING THE government has decided to ease some of the operational controls it had earlier intended to impose on casino operators. At the same time as the laws950 words
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PARLIAMENT BRIEFS
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122 2006-02-14 12 ONLY 3 per cent of deaths actually pay estate duty, according to Second Finance Minister Raymond Lim. Four in five of deaths each year do not go through the probate or estate duty process and for the remaining 20 per cent which122 words
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88 2006-02-14 12 THE dengue situation has improved and is now under control. Minister for the Environment and Water Resources Yaacob Ibrahim said there has been a decline in the weekly incidence of dengue cases since last October dropping from a peak of 713 in September to88 words
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145 2006-02-14 12 THE Ethnic Integration Policy (EIP) has not been a problem for HDB flat owners who wanted to sell their flats, according to National Development Minister Mah Bow Tan. "With the large number of resale flats transacted annually, sellers who are realistic145 words
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183 2006-02-14 12 Xinhua [KUALA LUMPUR] The Malaysian Ministry of Agriculture and Agro-based Industries is looking into ways to stop Singaporean importers rebranding Malaysian products as their own, a news report said yesterday. This practice has violated World Trade Organisation regulations which prohibit a country fromXinhua - 183 words
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Article, Illustration167 2006-02-14 12 Arthur Lee - by Arthur Lee DUNK them, throw them off a mechanical horse or abseil down 15 metres. These and other fun-filled activities marked Singapore Management University's (SMU) annual Patron's Day and its sixth birthday yesterday. Students, staff, faculty members and friends got together in167 words
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360 2006-02-14 12 Reuters [SINGAPORE] Singapore retail sales are expected to have swung higher in December from November as spending on cars offset softer tourist receipts, a Reuters poll showed yesterday. The December retail sales index was forecast to have risen a seasonally adjustedReuters - 360 words
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Article, Illustration125 2006-02-14 12 ONE lucky OCBC Titanium cardholder won a new Mercedes SLK2OO roadster yesterday for using the Titanium card. The current price of the car is $195,888 inclusive of COE. The winner. Jeslyn Lim. works at an executive search firm. She received the keys from Wong Ting Mei. Head. CreditARTHUR LEE - 125 words
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281 2006-02-14 12 SIX Singaporean companies are showcasing their mobile technology in Barcelona, Spain, this year at the 3GSM World Congress which began yesterday. The Infocomm Development Authority of Singapore (IDA) is leading the team and Singapore pavilion at the 3GSM 2006, which features281 words
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SME SPOTLIGHT
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Article, Illustration1009 2006-02-14 13 THE Ernst Young Entrepreneur of the Year Awards 2005 now into its fourth year has shortlisted as finalists 10 people from eight companies. The awards, which will be announced on March 9, recognise entrepreneurs in three categories: Emerging Entrepreneur, Business and Industrial, and Lifestyle, Hospitality1,009 words
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Article, Illustration1028 2006-02-14 14 CONRAD TAN - The Singapore Budget will be published this Friday. CONRAD TAN asks chiefs at five small and medium-sized enterprises (SMEs) what measures they hope to see CONRAD TAN Yeo Siew Peng, Franklin Offshore International finance manager We're hoping for a further reduction in tax rates both1,028 words
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Article, Illustration758 2006-02-14 16 NANDE KHIN - Food court operator Koufu, which is expanding its chain, focuses on better service to fight the competition, reports NANDE KHIN NANDE KHIN Undaunted by the keen competition, food court operator Koufu Pte Ltd, which set up than 20 food outlets in just four years,FILE PHOTO - 758 words
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Article6227 2006-02-14 16 UNIT TRUSTS FUNDS AC AIN Amro Asset Mgt (S'pore) Ac Star Euope Eqty!** 0.893/ Ac Star Europe Bond 1-184/ AC Star Europe Bal 1-15* AC Star Asian Tiger E<*y 115* AC Star Asia Bond 1311/ A C Star Asia Balanced 1 068/ AC Star Global Technology Find!" 0.21/ Multi St6,227 words
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Advertisement57 2006-02-14 14 jjj t'' Make critical business decisions with an accurate overview of Possess adequate knowledge to accommodate changes in today's aggressive business environment and retain your company's competitive edge. Realise your company's potential growth. Nt* s '.*L Start with the right solution. B[|^ j| the' one is |p SYSTEM MANAGEMENT SOFTWARE57 words
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Advertisement5 2006-02-14 14 jMHi^pWfra''^'-:« a r'V-J; r*i J5 words
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Advertisement787 2006-02-14 15 DNV Petroleum Services MESSAGE HtmH Miklos Konkoly Thege, IBlil President and CEO, Det Norske Veritas The 25 th anniversary of DNV Petroleum Services is a very special occasion. T Not only is it a milestone in the company's continuous journey towards I M y progress; interestingly, the growth of DNVPS787 words
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Advertisement22 2006-02-14 16 I AllianzGI Global High Payout Fund rated 4-stars Allianz i by Mercer Investment Consulting. Visit OCBC Bank for details. 2il l rs22 words
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ECONOMY WATCH
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344 2006-02-14 17 Surplus narrows by US$1.5b as against projected US$6.4b; exports jump 28% Bloomberg Reuters [BEIJING] China's trade surplus narrowed less than expected in January as overseas sales surged at the fastest pace in three months. Though the surplus shrank to US$9.5 billion from US$llBloomberg; Reuters - 344 words
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439 2006-02-14 17 AFP [SHANGHAI] China expects retail spending to grow by more than 11 per cent annually to 10 trillion yuan (Ss2 trillion) in 2010, as economic restructuring efforts make progress. Rising household incomes and stabilising prices are expected to give China'sAFP - 439 words
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Article, Illustration270 2006-02-14 17 Bloomberg [WASHINGTON] Gentle Ben he won't be. Ben Bernanke, appearing before Congress this week for the first time since becoming Federal Reserve chairman on Feb 1, is likely to brush aside lawmakers' calls for a pause in the central bank's credit-tighten-ingBloomberg; REUTERS - 270 words
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411 2006-02-14 17 Survey finds that some have become more adventurous Bloomberg [LONDON] Central banks are increasing their investments into riskier assets to achieve higher returns, a survey sponsored by Royal Bank of Scotland found. Forty-seven per cent of the 51 central banks questioned said theyBloomberg - 411 words
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Page 17 Advertisements
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Advertisement99 2006-02-14 17 &^F-48£SPC-' i*X \\\V. V B^! 1 SINGAPORE TO ABU DHABI, NON-STOP 3 TIMES WEEKLY. 4 SinGAPORE From 1 March, Singapore Airlines takes you to Abu Dhabi, where an oasis of natural wonders, exotic shopping and sparkling beaches awaits you. En route, AiRLinES enjoy KrisWorld, your personal inflight entertainment system, and99 words
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MALAYSIA/INDONESIA
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Article, Illustration792 2006-02-14 18 PAULINE NG - Disposal diminishes firm's engineering capability, puts its future at risk By PAULINE NG in Kuala Lumpur PROTON'S former chief executive Mahaleel Ariff and former prime minister Mahathir Mohamad are digging in their heels over Proton's sale of Italian bike maker MV AgustaAP - 792 words
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424 2006-02-14 18 [KUALA LUMPUR] Konsortium Transnasional Bhd (KTB), which is taking over the listing status of Park May Bhd under a restructuring, aims to make its debut on Bursa Malaysia in the middle of this year, Malaysia's Business Times reported. KTB chairman and managing424 words
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BRIEFLY ASIA
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91 2006-02-14 18 AFP [SHANGHAI] China's oil refining industry lost 30 billion yuan (Ss6.l billion) last year as government price caps left it vulnerable to the record rise in world crude costs, state press said yesterday. Revenues for China's oil refiners last year totalled oneAFP - 91 words
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65 2006-02-14 18 Reuters [BEIJING] China Development Bank aims to boost its yuan interest rate swap business and act as a market-maker in the nascent market in the derivative, its vice-president said yesterday. The state-owned bank finalised a deal yesterday with China Everbright Bank to swap yuanReuters - 65 words
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64 2006-02-14 18 Bloomberg [HONG KONG] Nine Dragons Paper (Holdings) Ltd, China's biggest containerboard maker, started selling HK$3.4 billion (*****.3 million) of shares in its Hong Kong initial public offering yesterday, bankers said. It is selling one billion shares at between HK$2.B5 and HK$3.4O apiece, they said.Bloomberg - 64 words
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64 2006-02-14 18 Bloomberg [SHANGHAI] Focus Media Holdings, China's biggest overseas-listed advertising company, plans to bring the lights of Times Square to Shanghai. The Nasdaq-traded company, whose stock more than tripled since July, aims to install giant screens of light-emitting diodes in Shanghai, Beijing and Guangzhou,Bloomberg - 64 words
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58 2006-02-14 18 Bernama [MANILA] Listed Philippine conglomerate RFM Corp is eyeing a tie-up with Malaysian companies to penetrate the estimated US$l.5 billion world halal market. Malaysia is a leading global exporter of halal foods and any joint ventures would be a strategic direction worth pursuing inBernama - 58 words
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60 2006-02-14 18 AFP [TAIPEI] Cathay Financial Holdings, a leading financial group in Taiwan, yesterday said its net profit for 2005 fell 27 per cent from a year earlier after its banking arm assigned a large bad loan provision. The company's 2005 net profit stood atAFP - 60 words
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75 2006-02-14 18 Reuters [JAKARTA] Indonesia yesterday said the World Health Organisation has confirmed the country's 26th human case of bird flu, while a minister said infections of the virus in poultry must be reported faster. Hariadi Wibisono, director of control of animal-borne diseases, said a WHO-recognised laboratoryReuters - 75 words
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272 2006-02-14 18 [JAKARTA] The Ministry of Finance's asset management unit (PPA) plans to sell a total of 800 properties this year after the ministry placed a value on the assets, the Jakarta Post reported. PPA vice-president Raden Pardede said over the weekend the ministry was272 words
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Article2394 2006-02-14 18 VOl Mm mi w- cm AIM Realty 141 -0.02 3 Abrit .034 0.01 92 ACP Industries AM 0.01 344 Advance Synergy 028 0.04 628 Advents .039 0.01 1245 AE Mufti 0.48 -0.02 2006 AffinHldgi 1.69 unch 924 AhmadZakiRe* 126 unch 9 AlCCorp 1.13 -0.01 38 Air Asia 1.762,394 words
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Advertisement24 2006-02-14 18 n^n H Lianhe Zaobao I New rage in Japan: I I Chinese I I classics I I®brand I I names I I I mS^^^SBSEEEEMEEEMm24 words
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GREATER CHINA
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571 2006-02-14 19 Reuters [HONG KONG] Hong Kong money managers are welcoming a plan to let more mainland Chinese companies join the flagship Hang Seng Index, citing a greater diversity of potential stock picks as one of its many benefits. The changes would alsoReuters - 571 words
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278 2006-02-14 19 Reuters [BEIJING] Citic Securities Co Ltd and ratings agency Standard Poor's (S&P) said yesterday they had formed a 50-50 joint venture to create and market index products for China's capital markets. The formation of S&P/Citic Index Services comes after the two companies had alreadyReuters - 278 words
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Article, Illustration636 2006-02-14 19 Unit unable to fetch target price; plans to list UK 3G operation set back Reuters [HONG KONG] Hutchison Whampoa Ltd shares fell as much as 3.3 per cent and its bonds weakened yesterday after the company shelved the IPO of itsReuters; REUTERS; Source: Bloomberg - 636 words
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551 2006-02-14 19 [SHENZHEN] An underwater tunnel between Zhongshan and Shenzhen has been endorsed by the Guangdong government, and analysts say that the project could scuttle the long-awaited Hong Kong-Macau-Zhuhai bridge, according to the South China Morning Post. A government source was quoted by the newspaper as saying551 words
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228 2006-02-14 19 AP [HONG KONG] Hong Kong's stock market watchdog said yesterday it is investigating five sponsors of initial public offerings on the territory's stock market as an attempt to raise corporate governance in preparation for another wave of Chinese listings this year. All the casesAP - 228 words
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Article179 2006-02-14 19 [SHANGHAI] US-based Home Depot, the world's biggest fix-it-yourself retailer, is in talks to take a 49 per cent stake in Chinese chain Orient Home for US$2OO million, the Financial Times reported yesterday. The newspaper said that the Orient Group had held discussions with a number179 words
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Page 19 Advertisements
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Advertisement172 2006-02-14 19 In the Matter of The Companies Act (Cap. 50) And In the Matter of Kurolife Pte Ld (Rex. No. *****0548 M) Trinity Foundation (engineering Consortium Pte l td (Reg. No. 199MMJW8RI (In Liquidation) Notice of Final Meeting Notice is hereby given pursuant to Section 308 of the Companies Act, Cap172 words
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Advertisement739 2006-02-14 19 a fIH I JumJ B° ustea d Singapore Limited I B •TBmTBV/ ('nccrporelacl m the Republic of Singapore) H I ante I*2l (Company Registration Number 197S*****K) H I DATE OF ADJOURNED EXTRAORDINARY GENERAL MEETING AND NOTICE 1 OF BOOKS CLOSURE DATE IN RELATION TO THE PROPOSED DIVIDEND IN SPECIE OF739 words
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INDIA
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Article, Illustration435 2006-02-14 20 Bond issue comes just ahead of its European acquisitions [NEW DELHI] Ranbaxy Laboratories Ltd is set to announce a US$4OO million foreign currency convertible bonds (FCCBs) issue tomorrow as it braces up for a couple of acquisitions in Europe, The Business Standard saysBLOOMBERG FILE PHOTO - 435 words
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Article, Illustration385 2006-02-14 20 [PUNE] Pune-based Bharat Forge (BFL) has set a target to become the global leader in its business by 2008, for which it is open to more acquisitions to complement organic growth, according to the Business Standard. However, according to BFL chairman and managing directorBLOOMBERG - 385 words
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235 2006-02-14 20 [MUMBAI] The Indian government is likely to extend a 10-year tax holiday meant for infrastructure projects to the Delhi and Mumbai airports modernisation projects and upgrading of port terminals, says a report in Business Standard. So far, the tax holiday has235 words
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243 2006-02-14 20 Reuters [MUMBAI] Indian shares rose to a record high yesterday led by engineering and construction firm Larsen Toubro Ltd, which hit an all-time high on market talk that the company could announce a share split and bonus issue. The 30-share benchmarkReuters - 243 words
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Page 20 Advertisements
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Advertisement369 2006-02-14 20 Diners Club Card Toappi^caii64l6o9Bo 2SBjra£BHEjj A World of Exclusive Privileges Treats (fi® Diners Qub^, I i* uim j I vm\ I off For Sushi Sashimi j Terms Conditions Apply Sushi Don Pte Ltd 109 North Bridge Road #B1 -01A Funan Digitalife Ma11,Te1:6338 9894 Sushi Don (Rendezvous) Pt« Ltd 9 Bras369 words
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Advertisement16 2006-02-14 20 *<"& "y'lt 'i- /%*■>s JMs' 4 *V: :f' MS HjgSh; ~*K Vlf "f r -~;\s VflPlfltlfnl Bl16 words
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ASIA-PACIFIC/WORLD
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553 2006-02-14 21 ENERGY RUSH Demand among M-E countries is growing at a rate of about 7% Bloomberg [DUBAI] The United Arab Emirates' plans to construct a natural gas pipeline grid connecting the Gulf Arab states may keep more of the region's gas supplies locally andBloomberg - 553 words
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Article, Illustration483 2006-02-14 21 Reuters {TOKYO] Takafumi Horie, the former chief of Internet venture company Livedoor Co who shook up corporate Japan with his aggressive business tactics, was indicted yesterday on charges of breaking securities law by spreading false information and falsifying accounts. Horie, 33, was arrested in JanuaryReuters; REUTERS - 483 words
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455 2006-02-14 21 AP [JIDDAH, Saudi Arabia] US President George W Bush's desire to cut US dependence on Mideast oil shows a "misunderstanding" of global energy supply and the critical role of Saudi Arabia, the vice-chairman of Chevron Corp said on Sunday. Peter Robertson saidAP - 455 words
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Article, Illustration660 2006-02-14 21 Generous benefits cited for jump in locals' jobless rate Reuters [LUXEMBOURG] Luxembourg is an interesting case study for economists though it creates jobs at a steady pace, its unemployment rate has risen sharply from 2.1 per cent in 2001 to 5.3 per centReuters; AFP - 660 words
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388 2006-02-14 21 AFP [BANGKOK] Thai senators and anti-government campaigners vowed yesterday to put more pressure on Prime Minister Thaksin Shinawatra by again petitioning the nation's highest court to investigate his business dealings. Dr Thaksin is facing mounting calls to resign over his family's US$l.9 billionAFP - 388 words
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WORLD WATCH
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96 2006-02-14 21 Bloomberg [DUBAI] The market for halal food could be worth up to US$5OO billion as the number of believers is expected to reach three billion by 2010, the Emirates News Agency reported. The world's two billion Muslims bought US$l5O billion of halalBloomberg - 96 words
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92 2006-02-14 21 Bloomberg [NEW YORK] Agilent Technologies, the world's biggest maker of scientific-testing equipment, said first-quarter net income rose to US$2.B2 billion after the company sold its least profitable business. Earnings increased to US$5.B3 a share from US$lO3 million, or 21 cents a share, aBloomberg - 92 words
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100 2006-02-14 21 Bloomberg [MANILA] Ayala Land posted a 21 per cent increase in profit last year, helped by the sale of shares in a company that owns part of Manila's mass transit rail operator. Net income climbed to 3.62 billion pesos (SSI 14.4Bloomberg - 100 words
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90 2006-02-14 21 Reuters [ZURICH] Credit Suisse unveiled a surprise reduction of 421 million Swiss francs (*****.4 million) to its fourth-quarter net results due tomorrow. The bank said it was changing its treatment of certain share-based compensation awards after discussions with the USReuters - 90 words
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60 2006-02-14 21 Reuters [TOKYO] Mitsubishi UFJ Financial Group need not compensate rival Sumitomo Trust Banking Co for reneging on an acquisition agreement in 2004, a court ruled yesterday. Sumitomo Trust had been seeking 100 billion yen (Ssl .4 billion) in damages over the cancelled sale ofReuters - 60 words
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AVIATION
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Article, Illustration599 2006-02-14 22 VEN SREENIVASAN - Reed's next show in HK; S'pore's new show to be branded Changi Int'l Airshow (CIA) By VEN SREENIVASAN [SINGAPORE] The world's third biggest aerospace and defence meet will kick off in Singapore next week with over 900 exhibitors displayingFILE PHOTO - 599 words
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LOG BOOK
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56 2006-02-14 22 Bloomberg [TOULOUSE, France] Airbus SAS has won an order from Hamburg International, a carrier that operates on behalf of tour operators, for 14 airliners valued about US$B4O million based on list prices. The contract is for single-aisle A3l9s, Airbus said. The airline placed optionsBloomberg - 56 words
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103 2006-02-14 22 AP [NEW YORK] A Turkish Airlines flight skidded off a snowy runway at John F Kennedy International Airport but none of the passengers was injured, a regional transportation spokesman said. Turkish Airlines Flight 1 from Istanbul skidded off the runway at 9.20 pmAP - 103 words
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76 2006-02-14 22 AFP [HONG KONG] Hong Kong-listed Air China said it has entered into an agreement with American giant Boeing to buy 10 8737-800 aircraft for U*****.2 million, the airline said yesterday. The company is expected to take delivery of the planes in stages fromAFP - 76 words
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65 2006-02-14 22 Reuters [JAKARTA] Indonesia is considering selling an army-owned airline, PT Mandala Airlines, as part of efforts to reform the armed forces, military chief Endriartono Sutarto said. The Indonesian parliament approved a law in 2004 restricting the armed forces (TNI), from doing business. The armed forcesReuters - 65 words
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343 2006-02-14 22 He says it will reduce competition and push up airport fees Reuters [LONDON] easy Jet founder Stelios Haji-loannou said he opposed any takeover of UK airport operator BAA Pic by Spain's Grupo Ferrovial SA, saying it would reduce competition and raise airportReuters - 343 words
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328 2006-02-14 22 Reuters [LONDON/ISTANBUL] Turkish airport group TAV Investment Holding is planning an initial public offering (IPO) this year, it said, giving a further boost to a sector enjoying the limelight amid takeover talk. A source said the IPO would value TAV at aroundReuters - 328 words
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Article1310 2006-02-14 22 OTT Wiqn ITA FiKMT ITP MlWIl AF8068 2245 Us M—m* 5Q442 2000 tmMrfM KIS38 2330 L***** 38 ***** ag A thus SQ347 0545 AmdM SQ281 0855 LM9016 2025 N282 2025 OSK71 2025 |B I uua 21S 0d»d» Gf149 0455 MI848 1920 GA849 1350 MI849 1350 »S*ri»l|llll1,310 words
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Page 22 Advertisements
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Advertisement145 2006-02-14 22 BT Deal of the Week Exclusive Business Class Airfares with ZUJI AIRFARE (from S) HOTEL (from WEATHER Melbourne $2,750 $254 Austrian Airlines Ramada Melbourne Cloudy TOP 10 D€STINATK)MS AftfAg HOTEL (from S) WEATHER Saigon $538 (Vietnam Airlines) $336 (Renaissance Riverside Hotel) Sunny Bangkok $785 (ThiiAlmays) $236 (MeKjndnersaißangtok) Rain Hong Kong145 words
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Page 22 Miscellaneous
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Miscellaneous188 2006-02-14 22 CRYPTIC CROSSWORD 27 Protect lady from flying reptile (11) 11 Delay action of dramatic YESTERDAY'S SOLUTION DOWNPP iece an hour, say (4,3,4) Across: 1 Startled, 9 Reaction, 10 2 Aaain susDect inner last re- 16 y P !iP'i l a V y a sys "j Mast, 11 Intimidating, 13 Winifred,188 words
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SHIPPING
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Article, Illustration767 2006-02-14 23 Shifting trade flows encourage govt, private investment at ports and are driving job gains Reuters [MIAMI] Cargo ships loaded with sports shoes, cutlery and other Asian imports are increasingly bypassing West Coast docks for longer voyages to thriving seaports in the southernReuters; AP - 767 words
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397 2006-02-14 23 Bloomberg [SINGAPORE] Frontline Ltd, the largest oil tanker company by capacity, may place a US$42O million order for four supertankers from a new Chinese shipyard, shipbroker Clarkson Pic said. Frontline is near to agreeing the purchase of two very large crude carriers, or VLCCs,Bloomberg - 397 words
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264 2006-02-14 23 DONALD URQUHART - They handle 5.6% and 2.67% more containers in Jan By DONALD URQUHART [SINGAPORE] Growth in containerised cargo volumes which helped Singapore overtake Hong Kong as the world's busiest container port last year has continued, with both PSA International and Jurong Port264 words
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329 2006-02-14 23 Bloomberg [SINGAPORE] China's investments in West African oil fields may boost tanker demand as more cargoes are shipped to refineries in Asia, shipbroker GA Gibson Ltd said. CNOOC Ltd, which unsuccessfully bid for US oil company Unocal Corp last year, paid U552.27Bloomberg - 329 words
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Article296 2006-02-14 23 SGX '000 Feb 13 SS W- Vol CH Offshore 0.39 unch 2051 ChuanHup 0.40 0.01 5020 Cosco Corporation.. 1.30 0.03 ***** CWT Distribution 0.94 0 04 396 Ezra Hldgs 2.09 -0.01 1426 Freight links 0.06 -0 01 5545 Grand Banks Yacht 0.93 -0.01 29 Java Holdings 1.29 0.01296 words
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Article, Illustration321 2006-02-14 23 AFP [NEW DELHI] India's Supreme Court yesterday asked that a team of navy experts determine the exact contents of an asbestos-lad-en French warship, ahead of issuing a ruling on whether it can be broken up in India. The court said it would needAFP - 321 words
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567 2006-02-14 23 It will pay NZ$107m for 49.9 per cent stake in the facility Bloomberg [BEIJING] Hutchison Whampoa Ltd, the world's largest port manager, will buy a stake in New Zealand's biggest coal-ship-ment facility, making its first investment in the southern hemisphere to tapBloomberg - 567 words
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EDITORIAL & OPINION
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551 2006-02-14 24 EDITORIAL ONE reason why the Malaysian stock exchange lagged its Asian counterparts last year was disillusion over the glacial pace of reform in government-linked companies. To be sure, it may not be a wholly fair indictment. When Ptime Minister Abdullah Ahmad Badawi551 words
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Article, Illustration1512 2006-02-14 24 EUGENE HO - Though global retailers are driving the boom, local groups are to the fore in some countries By EUGENE HO LED by the strong growth of international retailers, the Asian grocery retail market has changed substantially in the past five years. All countriesAFP - 1,512 words
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Article, Illustration805 2006-02-14 24 LEON HADAR - THE BOTTOM LINE LEON HADAR Washington Correspondent ONE of the best television commercials I have seen for a while comes from Sprint promoting its Fair Flexible Plan for cellphones. We see a pompous business executive discussing the Sprint plan and then805 words
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Article, Illustration1599 2006-02-14 25 JAMES KANTER - An important forum for rich countries, the 45-year-old organisation faces identity crisis By JAMES KANTER WHAT happens when an organisation loses its reason for existence? Founded to ensure the success of free-market economies at the height of the Cold War, the OrganisationFILE PHOTO - 1,599 words
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178 2006-02-14 25 Jean Tan (Ms - LETTERS TO THE EDITOR Jean Tan (Ms) Director, Corporate Communications for Permanent Secretary Ministry of Manpower IN his letter 'Disclose more info on foreign labour' (BT, Feb 9), Mr Leong Sze Hian asked the government to release more data on the number of foreign178 words
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145 2006-02-14 25 Jeannie Ong - Jeannie Ong Head, Corporate Communications Investor Relations StarHub STARHUB acknowledges that the Court of Appeal has interpreted the network lease agreement in SingTel's favour. However, SCV strongly believed that it could extend its own coaxial cable to connect and serve the disputed145 words
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143 2006-02-14 25 Low Seow Meng Singapore - Low Seow Meng Singapore I NOTE that two of your writers have voiced reservations/concerns about Madam Gu Yanfei staying on as an executive director of China Aviation Oil ('CAO no clean break" by Wong Wei Kong, and "ComfortDelGro's Lim Jit Poh to143 words
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831 2006-02-14 25 ABHIJIT GHOSH, SHYAM SRINIVASAN - By ABHIJIT GHOSH, SHYAM SRINIVASAN Globalisation, increased market competition and rapid technological advancement have pushed intellectual property (IP) (resulting from R&D activities) onto boardroom agendas today. Increasingly, IP has become a core asset and a key driver of competitive advantage for businesses across831 words
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Page 25 Advertisements
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Advertisement102 2006-02-14 25 HAVE YOUR SAY Fax your letters to 6319-B277 or email them to bttotterOsph.cont.sg or write to: The Business Times,SPH HQ, 1000 Toa Payoh North, Podium Level 3, Singapore *****4. We need your fuH name, address and telephone number for verification. Please use temperate language, and bear in mind libel laws.102 words
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Article10674 2006-02-14 26 SGX MAINBOARD Transaction date: Feb 13 52-Wk T«l Last Vol Day Laft Quote GrtWv Mv GrVW Nat MCap High Low Coda Company Sala ('000) H&i Low fciyr Satar Cvr WE Sm» 6.5 2 5716 1st Software 5c 2.5 unch 205 3 2.5 2.5 10.1 20 6 3148 8Telecom10,674 words
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Article6147 2006-02-14 27 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In local curr In SS In US$ %dy yr dy *yr dy *yr Feb 10 Index Change Change Change Chang* Chang* Chang* World Index Preliminary 987.5 -0.6 1.9 -0.7 0.1 -0.5 23 EAFE Preliminary 1001.3 -0.7 2.9 -0.8 1.6 -0.6 3.9 Europe Preliminary6,147 words
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Page 28 Advertisements
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Advertisement1137 2006-02-14 28 NYK GROUP SOUTH ASIA PTE LTD f" vrmrir v TEL:6295 0123 Xlf JL Aline t&gS/ M 3Mi LINE Fax: 6292 2856(Regm*sates)/*****109(0P5)/*****785 (Docunwitatiai) W NIPPON YUSEN KAISHA TOKYO K**AICU KASHA. UO. (C/R NO: **********0E) UK CONTINENT SERVICE U.S.A SERVICE Destination Destination C BRAVE ATW/RTM/BMN/TLB/NAN ELEOUSSA CAM/NFK/SAV/TPC HANIIN BOMBAY VCW/lAX/MZL JOHN F1,137 words
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Advertisement637 2006-02-14 28 ItWRAHA toto SUVKi vßsa/vor rammo) hbghhm) pug «h to aw jkt STOUTS EXPRESS TIN 30 4.1 14/02 SIUITS VENTURE 04/04 IS 3.2 10/03 13/03 STKAITC VBfTUKE OS/0* [IS 3.2 22/03 25/03 30/03 02/04 04/04 laiimahau atyifl I .in *I l vßsa/vor ramped jggg| La sw ire »b <« ng w637 words
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Page 29 Advertisements
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Advertisement912 2006-02-14 29 CARE. WAN HAI LINES LTD, having the most intensive and complete service network for ocean carriage, from Asia-Pacific to Mid-East, l.'.S West Coast, .f» T Europe expanding continuously throughout every spo« m the worid; providing the most efficient 4s* M globalized service network that have shortened the V distance around912 words
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Advertisement1188 2006-02-14 29 VESSa VOY SIM JOT WS KHH IWC KTH WIS VESSEL VOY SIN JKT SUI HKG USN PUS HYHIOGE IO7S It/? l«/ 7 23/2 25/2 27/2 1/3 1/3 KMTC SINGATOKE 602S If/2 22/2 73/? 71/1 4/3 S/3 HYVUDIVOSTOK 172S 23/2 2S/2 2/3 4/3 6/3 »/3 1/3 KMTC JAKATA 603S 26/2 1/31,188 words
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Advertisement862 2006-02-14 29 WEEKLY EXPRESS SAIUNG SCHEDULE I" ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICQ POINTS I vtssa voy Isw I pjoamgl cqlomio 1 n s«va 1 cotomo I IVsO ACGPTMG Kl TO COCHK. TUTKOMN (VU COLOMM) AND KMCU l GOaI (Vl* N SUVA) CONWCTMG MOTHBI VSIS TO BKOH (FHBSTOWI, ROTTKD**,! HMMd862 words
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THE BUSINESS TIMES SHIPPING TIMES
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6369 2006-02-14 30 This ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Mum Name Number Number To ABIDJAN (ABJ) 2003 Cote D'lvoire 23/02 25/03 Detmas EUSA DELMAS 613W *****344 23/02 04AM OxnaShpg PERTH BRIDGE 10QA *****898 27/02 04/04 China Shpg CMA COM FORCE SX215W *****898 02/03 04/046,369 words
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Advertisement504 2006-02-14 30 vissa vor sm pgu vtssa vot sw «r PACIAHDA 1666N 14/02 14/02 PAC OAU 4205 13/02 IAZ22 p&r ituni wSrii M/fi? 16/0? PACIINTAN 9338 l«/ 02 21/02 n CH2301 0239P U/Sl 17/02 P*C lAU 4206 23/ M Tins IT/AO PAC lINTAN 9339 25/02 20/02 BHIM 4 olw um m m504 words
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Advertisement481 2006-02-14 30 I VESSEL Ivor I PKI I SIN I KARACHI PXE BAB NHS PMM BIK I KHOR NUN SHAHRYAR PCL 5122 21/02 22/02 03/03 06/03 07/03 13/03 16/03 19/03 KAN BAABAEI PCL *123 01/03 02/03 11/03 14/03 15/03 21/03 24/03 27/03 KAN KORDCSTAN PCL 8124 10/03 09/03 19/03 22/031 23/03| 29/03481 words
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Advertisement324 2006-02-14 30 BSA X MYANMA ■H FIVE STAR LINE (Myaamar National Line) Loading for Yowgo* VESSEL VOY SIN PKI PEN PGU OflN SHWE HAW VOW SU) PAGAN 349W SU) IN MALAYSIA: lOUSTEAD SHIPPING AGENCIES KUI/PKL 03-300S<Ml PEN: 04-*****15 ACCEPTING CONVENTIONAL C6O vBSfl wriiG si m kh n mi sm rwu mass o324 words
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PROPERTY
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585 2006-02-14 32 Analysts see completion of UK shopping centre boosting earnings Bloomberg [SYDNEY] Lend Lease Corp, Australia's biggest property developer, may report a 34 per cent increase in first-half profit, boosted by the completion of a UK shopping centre project. NetBloomberg - 585 words
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Article, Illustration270 2006-02-14 32 GUOCOLAND sold another 20 units at The Stellar condo in the Pasir Panjang area over the weekend, bringing total sales in the freehold project to about 50. The listed group has so far released about half of the 162-unit development, at the corner of Clementi270 words
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143 2006-02-14 32 Bloomberg [HONG KONG] Wheelock Co, one of Hong Kong's largest builders, shelved a plan to redevelop an office building in the city in favour of leasing the space because rents are rising, said property investment director Gareth Williams. The Hong Kong real estateBloomberg - 143 words
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Article, Illustration307 2006-02-14 33 Increase is evidence that residential property is rebounding Bloomberg [LONDON] UK house prices rose an annual 2.9 per cent last December, the Office of Deputy Prime Minister John Prescott said, adding to evidence the nation's US$6 trillion residential property is rebounding. PricesBloomberg; BLOOMBERG FILE PHOTO - 307 words
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599 2006-02-14 33 Reuters [LONDON] High mortgage loans for first-time buyers, offering up to six or seven times their earnings, may not be quite as risky as they seem, according to one of the UK's largest independent mortgage brokers. Shock newspaper headlinesReuters - 599 words
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Article, Illustration679 2006-02-14 34 KALPANA RASHIWALA - Occupancies are higher on weekdays than on weekends, says Pontiac Land's Kwee By KALPANA RASHIWALA A MORE pronounced variation in hotel room rates may be necessary to even out swings in occupancy rates in Singapore, a prominent hotelier has suggested. Making theFILE PHOTO - 679 words
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509 2006-02-14 34 Reit will earn rental income in S'pore, Australia: sources Bloomberg [SINGAPORE] Allco Finance Group, a closely held Australian finance company, plans to raise about Sssoo million selling shares in a real estate investment trust in Singapore next month, sources familiar withBloomberg - 509 words
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Article, Illustration340 2006-02-14 34 [SINGAPORE] Euro-Asia Centre, located at the crossroads of Hoe Chiang Road, Lim Teck Kim Road and Cantonment Road, has been put up for sale by tender. The mortgagee property is expected to fetch between $125 million and $135 million, or $650 to $700340 words
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Page 32 Advertisements
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Advertisement534 2006-02-14 32 Freehold Residential Site ■I a* J I I I I [l I 1 II H I I I I I II Scianca Park Univarsity of a a Singapore x. Site Area: 63,707 sq ft (approx) R rk ß Plot Ratio: 1.4; up to 5 storeys Walking distance to Pasir Panjang534 words
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Advertisement205 2006-02-14 32 WAREHOUSE W WV SPACE WITHIN W, FREE TRADE ZONE (ALPSAVE) 2 storey ramp-up warehouse with j mezzanine office Direct vehicular ramp access for up BHHI to 40-ft container For viewing or more Private loading bays with dock levelers information, contact our 16,800 to 142,000 sqft Sole Marketing Agent: •8m ceiling205 words
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Advertisement63 2006-02-14 32 Grade A office building in Raffles H H Place Winner of Prix d'Excellence award, jJ'Tfl the Oscars of the real estate industry 12,196 sq.ft on high floor with excellent view J A< Raised floor system, column-free niuvllllyl Idea* for financial institutions, "l" major professional services I ll\A/P I companies and63 words
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Page 33 Advertisements
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Advertisement76 2006-02-14 33 ALEXANDRA ROAD MIXED USE DEVELOPMENT SITE FOR SALE BY TENDER i v v. Prime location at Alexandra Residential with Ist storey Commercial OUEEN9JOWN V*/\ \A fe( /a<\ Freehold r\ v\ w > Site Area approximately W 50,838 sq ft TwiMMk Vv r( n». Plot Ratio 3.0 T\ Height control up76 words
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Advertisement429 2006-02-14 33 The Changing Landscape of the REIT Industry Ken Atchison, Atchison Consultants, Australia. I Achieving Greater Understanding on the Key Tax Issues of Cross Border REITs H Lim Gek Khim, Ernst Young A Critical Analysis of the Latest Regulatory Framework in Singapore and the Region H I Peter Mitchell, Colin Ng429 words
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Advertisement1 2006-02-14 34 rj|^^^^H^^^^^^^^HjHH|pllKl|lipMHHMMM1 words
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