The Business Times, 17 April 2006
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2006-04-17
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The Business Times
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Title Section17 2006-04-17 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asia 1 .com.sg MICA (P) 099/03/2006 Monday; April 17,200617 words
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Article933 2006-04-17 1 NANDE KHIN - They're courting firms growing external wings By NANDE KHIN [SINGAPORE] Small and medium-sized enterprises (SMEs) are proving to be such big bucks for banks that even foreign institutions here are gearing up for a slice of the market. Driving the trend is the growing sophistication933 words
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Article, Illustration801 2006-04-17 1 MATTHEW PHAN - 3 local bank bosses still among highestpaid, earning total of $19 million By MATTHEW PHAN [SINGAPORE] It maybe less than what Hank Paulson, the boss of New York-based investment bank Goldman Sachs, earned in shares and options in 2005. but it's enough801 words
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Page 1 Advertisements
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Advertisement40 2006-04-17 1 MERGERS New York Stock Exchangeadmits it is in talks pgi? Views From The Top IN GOOD HANDS Do businesses need to have a contingency strategy for avian flu and other possible non-economic catastrophes? We ask some CEOs in Singapore PGSB&940 words
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Advertisement10 2006-04-17 1 DINING OUT Modem twist to traditional Indian food re 1010 words
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Advertisement8 2006-04-17 1 Ml 8 "*****1' *****4 Markets Digest Pg 28 words
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Advertisement95 2006-04-17 1 BndT Demand for Internet TVpoised to explode re 26 i'^X jARV HkL |H Achieving a AAA credit rating isn't easy. It takes AAA rating from Standard Poor's and Moody's innovation, perseverance, plus total commitment to €506 billion in assets 1,516 offices worldwide our customers and their core business strengths. Which95 words
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Advertisement9 2006-04-17 1 YOUNG INVESTORS'FORUM Get your investing mix right pg 129 words
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TOP STORIES
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Article, Illustration899 2006-04-17 2 VIKRAM KHANNA - When it comes to business, the two economies are a very good fit VIKRAM KHANNA Associate Editor SCANNING the 700strong audience at the so-called "Connecting India" AsiaPacific Business Summit last week, one couldn't but notice that nearly all of the attendees899 words
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Article390 2006-04-17 2 PM may announce poll date within days: Boon Heng PRIME Minister Lee Hsien Loong may announce the date of the upcoming general election "within the next few days", Lim Boon Heng, Minister in the Prime Minister's Office, said yesterday. He confirmed that he will be leading the PAP390 words
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Article142 2006-04-17 2 MARKETS Week Chge ST1 _2 5*4.38 -767 ICLSE COMP 9)832 -539 NIKKEI 225 *****.82— -329.55 HANG SENG ***** 45 -42.33 SH INDEX 755.43 -.-14.90 JAKARTA COMP ...1382.12 *18.82 MANILA COMP ...2223.97 +12A IAIPEI TAItX 6952 54 170.60 SEOUL COMP 1432,72 +30.36 SHENDBiB 283.72 >6.56 AUST AU ORD _5132142 words
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767 2006-04-17 2 CHEN HUIFEN - Economists discount significant effect on S'pore exports By CHEN HUIFEN [SINGAPOBEJ Economic competitiveness is unlikely to take a knock from the modest and gradual appreciation of the tradeweighted Singapore dollar, a policy the Monetary Authority of Singapore (MAS) last week said it would767 words
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Article, Illustration446 2006-04-17 3 DANIEL BUENAS - Witnessing the ground-breaking was SM Goh By DANIEL BUENAS in Shanghai CHINA-Singapore Suzhou Industrial Park Development, the joint-venture company between Singapore and China that runs the Suzhou Industrial Park (SIP), yesterday held the ground-breaking ceremony for a US$2OO million science hub thatJOYCE FANG/ST - 446 words
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611 2006-04-17 3 UMA SHANKARI - Minister in PM's Office reveals PAP slate in Jurong GRC which he will lead By UMA SHANKARI [SINGAPORE] Prime Minister Lee Hsien Loong may announce the date of the upcoming general election "within the next few days", Lim Boon Heng, Minister611 words
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400 2006-04-17 3 OH BOON PING - By OH BOON PING [SINGAPORE] The National Solidarity Party (NSP) led by Steve Chia hopes to win the support of up to 80 per cent of the voters in Chua Chu Kang in the upcoming general election. During a walkabout at the ward400 words
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Page 2 Advertisements
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Advertisement197 2006-04-17 2 y y*?' H&' Ralph Waldo Emerson fl^H Hp p; Ranked as one of the top universities in the world, nus Business SCHqßjj^lfflM 1 COMBINES THE WISDOM OF 20 COUNTRIES WITH AN ASIAN PERSPECTIVE. OUR 1 FACULTY PLACES STRONG EMPHASIS ON PRACTICAL RELEVANCE AND BUSINESS IMPA£f|P OUR PROGRAMMES ALLOW YOU TO197 words
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Advertisement51 2006-04-17 2 people r r n u "T includes Fortune 500 companies. npeoi; itv.o'k c 01 r Asm-Pacific E<ecut:ve Search BT ONLINE BT print subscribers get free access to the Business Times Online. To activate your account, log on to http 7/ business-times, asial .com.sg. For more information, e-mail btocs@sph.com.sg or call51 words
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Page 3 Advertisements
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Advertisement193 2006-04-17 3 Stay in control of your trading around the dock with our multilingual online platform. Opening a position r /iqa C 1 1 Q is quick and easy, and all our products are available through one trading account. vJ/v 3 I 10 share cfds iqmarkets.com.sq Go long or short of thousands193 words
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COMPANY NEWS
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Article, Illustration847 2006-04-17 4 LESLIE YEE - AGM WATCH Shareholders can gain insights into this and other issues at Wednesday's AGM and EGM LESLIE YEE Senior Correspondent UNITFD Overseas Land (UOL) will hold its annual and extraordinary general meetShareholders will be rsked at the meetings to vote on 14847 words
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Article, Illustration632 2006-04-17 5 WONG WEI KONG - NEWS ANALYSIS NOL and others may sell and lease back ships through Reit-like funds By WONG WEI KONG NEPTUNE Orient Lines' (NOL) revelation earlier this month that it was studying the idea of a shipping investment fund has put the spotlight on alternative financingFILE PHOTO - 632 words
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417 2006-04-17 5 CLARENCE MICHAEL - By CLARENCE MICHAEL in Dubai ABU DHABI-BASED Aabar Petroleum Investments Company entered the final stages of its $865 million bid for Singapore-based Pearl Energy when it despatched its offer document to acquire all ordinary shares at $1.95 per share. This is417 words
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304 2006-04-17 5 CHEN HUIFEN - It's unable to finalise accounts before April 30 By CHEN HUIFEN ADVANCE Modules Group has said it is expecting a delay in issuing its annual report as well as holding an annual general meeting (AGM) pertaining to its financial year ended Dec 31. "The304 words
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765 2006-04-17 5 RONNIE LIM - HOCK LOCK SIEW By RONNIE LIM THE offshore party is back! Notable were two back-to-back gigs a couple of weekends ago. starting on the night of April 6 at the chic IndoChine bar by the Singapore River. That night, the bar was765 words
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Page 4 Advertisements
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Advertisement28 2006-04-17 4 DOHA 2006 j 74 4 official ajune Buy from Feb-30 Apr. F, y fr° m May. your Qatar or #18-07/09 For further co our Frequent Flyer please visit28 words
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Page 5 Advertisements
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Advertisement141 2006-04-17 5 DOUBLE iS* THE MILES FOR lii DOUBLE IP? THE SMILES Singapore-Japan Tourism Exchange Year 2006 Its double the joy flying ANA this spring! That's because we're rewarding all our valued customers with DOUBLE MILES! Earn double miles in all classes when you fly ANA from Singapore to Japan or from141 words
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SINGAPORE MARKETS
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Article, Illustration630 2006-04-17 6 R SIVANITHY - STOCKS R SIVANITHY Senior Correspondent SSMHSMi HR previous column discussed the likelihood iof the local stock market facing a testing week ahead, particularly in light of Wall Street's interest raterelated softness. And the past week has turned out to be largely the case. In a630 words
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Article2130 2006-04-17 6 Payment Ex loota Pay ISttl to* 8Telecom F US011STA 21 Apr 26-Api OSMay AAGrp y 066 054% 104% 2 2-May Action Asia Ml 02 May 054% 174% AdampaV F 0.94 03 May 08-May '9 May Adv Integrated x 011 21-Apr 2Mg 054% AEICorp M0 094% 1S-May 26-May AEICorp2,130 words
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238 2006-04-17 6 CURRENCIES AFP [HONG KONG] Asian currencies mostly fell against the dollar last week, with the yen losing ground against the greenback following the release of strong US economic data. Japanese yen: The yen lost ground against the dollar last week as investors bought dollarsAFP - 238 words
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Article, Illustration1812 2006-04-17 6 Consensus No.of Forecast Mean Fri's Consensus No.of Forecast Mean Fri's recommendation esti- EPS PE target price recommendation esti- EPS PE target price Company name This wk Last mth mates (cents) (ratio) price Company name Thiswk Last mth mates (cents) (ratio) price Advanced Holdings 1.00 1.00 3 8.97 16.061,812 words
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Article, Illustration1407 2006-04-17 7 TEH HOOI LING - TEH HOOI LING Senior Correspondent THEUOB Sesdaq Index chalked up its fifth consecutive week of gains last week. The last time it managed that was in the beginning of 2005. For the holiday- shortened week of April 10 to 13, the second board index put1,407 words
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Article, Illustration1195 2006-04-17 7 ROBERT HALILI - INSIDE MARKETS Purchases seen in Global Voice, Hongguo, Petra Foods and Sing Tel; and sale in Sky China Petroleum Services, reports ROBERT HALILI ROBERT HALILI THE buying activity rebounded while sales remained flat, based on filings during the holiday-shortened week of April 10FILE PHOTO - 1,195 words
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VIEWS FROM THE TOP
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Article, Illustration3220 2006-04-17 8 THIS WEEK'S TOPIC Do businesses need to have a contingency strategy for avian flu and other possible non-economic catastrophes? What should such a strategy consist of and aim to achieve? WHILE our firm has given a lot of thought to different scenarios around bird flu, catastrophes like3,220 words
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Page 8 Advertisements
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Advertisement130 2006-04-17 8 BTCEOse-dub Members of the BT CEOs e-Club are-Singapore's top corporate leaders whom BT editors would like to interact with in an atmosphere of informality and trust This 'dub' is a virtual one, with interaction mainly via e-mail. Each week, we will invite comments from these top executives on various economic130 words
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Page 9 Advertisements
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Advertisement25 2006-04-17 9 Wm IVS x r 'ii \jjmi i v i fiYttnififi|T^ la6 --y^gjga^gvy*> j X-JPMg--«3lfv-'s3HBi*i2 yl, rw V v\v;/£\ iB. -ffi- a! .'j v.w,""!w^!l Credit Suisse25 words
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Advertisement21 2006-04-17 9 HAVE YOUR SAY What do you think of the opinions expressed in these pages? Share your views by wilting to btletterOsph.com.sg21 words
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DINING OUT
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Article, Illustration1408 2006-04-17 10 NEW RESTAURANT The Song of India 33 Scotts Road. Tel: 6836-0055 To some otherwise well-informed diners, the finer points of Indian cuisine (and we're not talking roti prata and fish head curry here) are a mystery wrapped in an enigma or a banana leaf1,408 words
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Page 10 Advertisements
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Advertisement87 2006-04-17 10 I *4 i§^^Mii>MglgMM§jpHHm jt '^^^^^B^MiiiHiiMMiiMßBlliliHißliaMMwßMiMMMßßßiw!MillHißß^B 7 :tj| W > <, ''^^^^^KTIa^^^^^RMMMOTIIV9MHMMHHMMM9!IRIIV^^H MrT^^BK@bE£Kl^ Diners Club Card r<, c<,//64i 6 0980 A World of Exclusive Privileges Treats Diners Club iWEKBmm VHHHP www.Jmers.com.sg International- Bam® w_ INSANELY SOME PEOPLE EVEN T CALL US AN INSTITUTION. Poolside, level 4, above Tanglin Mall. Reservations recommended,87 words
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Advertisement59 2006-04-17 10 J®* is '/v.. fi y v l.^'"'-%.||§»r The Cocoa Trees %'jf \l/ Bug is Junction *01-54 HarbourFrorrt Centre Level 1 Paragon Shopping Centra #81-K4 ""W aParfcway Parade #8-63E* Sumac City Ma* #01-048 eTanglin Shopping Ma* 081-19 1 10% off with a min. purchase of $10 Thf Cocoa Trees Only when59 words
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SINGAPORE NEWS
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395 2006-04-17 11 CHEN HUIFEN - Public, private hospitals must work together to compete in region, says MM Lee By CHEN HUIFEN SINGAPORE is aiming for the high-end fee-paying patients from across the world, as part of its positioning to become an international medical centre, said Minister Mentor Lee395 words
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Article, Illustration238 2006-04-17 11 YET another group of homeowners has jumped on the collective sale bandwagon. This time it's the folks at Charlton Garden. They are collectively asking for about $23 million for their property. Charlton Garden has a site area of 49,471 square feet238 words
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Article473 2006-04-17 11 JURENA CHAN - Free and easy S'pore travellers benefit more By JURENA CHAN TOUR agents handling outbound tours will be the biggest gainers, with the gradual strengthening of the Singapore dollar against the greenback in the past nine months. The favourable change in exchange rate will definitely provide473 words
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Article152 2006-04-17 11 DATE/ TIME EVENT VENUE 17-18 Apr Asia Business Forum Hilton Hotel 8.15am Outsourcing and Service Level Agreements 19 Apr EAI Public Lecture by Prof Kent Ride Guildhouse, 4pm Zheng Yongnian Between Dalvey Rooms 1 2, the Devil and the Deep Blue 9 Kent Ridge Drive, Sea: China's Dilemma152 words
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Page 11 Advertisements
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Advertisement135 2006-04-17 11 The BT-Philips World Cup Fund Hans-Dieter Bott and Terry Heart, our adopted charity for the O'Connor will be battling it out event. These executives will be this June in The BT-Philips World predicting match results and Cup Fund. They will be among commenting on their teams. Of the 32 senior135 words
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Advertisement37 2006-04-17 11 i > 1 1 1 jy 1 i l Ey-'i. Immm m. f Citibank cardmembers enjoy 15% discount off total bill 581 Orchard Road Singapore *****3 Tel 6730 3393 Fax 6235 4140 Hilton Website www.singapore.hilton.com Email: harbourgrill.singapore@hilton.com Singapore37 words
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BT-CITIBANK YOUNG INVESTORS' FORUM
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Article, Illustration616 2006-04-17 12 LAST week, we started a two-part series to look into what asset allocation is, and why it is a basic but important tool for investing. This week, we look at how to get your investing mix right and examine some of the details of asset616 words
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Article, Illustration860 2006-04-17 12 SIM PING KHUAN - CAMPUS LIFE Hong Dyun takes bigger risks because he's young and without commitments, reports SIM PING KHUAN SIM PING KHUAN HONG Dijun is only 20 this year but this young investor currently holds more than $20,000 worth of stocks and other investments. Dijun isYEN MENG JIIN - 860 words
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Page 12 Advertisements
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Advertisement250 2006-04-17 12 Be smart with your finances FANCY becoming the next Warren Buffett or George Soros? Or even the famous Robert Kiyosaki? Then read on. The Young Investors' Forum, part of the BT-Citibank Tertiary Outreach Programme, isn't another dry page out of your financial textbook. To complement our editorial content, we have250 words
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ECONOMY WATCH
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Article, Illustration793 2006-04-17 13 Acceleration may prompt Beijing to tighten lending and investment limits Bloomberg [BEIJING] China's economic growth accelerated to an estimated 10.2 per cent in the first quarter, President Hu Jintao said, exceeding economists' expectations as manufacturing investment and exports surged. The figure, given by MrBloomberg; PHOTOS: REUTERS - 793 words
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261 2006-04-17 13 Bloomberg [BEIJING] China should gradually reduce its holdings of US debt and increase imports from the US instead. Cheng Siwei, vice-chairman of the Standing Committee of the National People's Congress, or Parliament, said. "From my view as an economist, and as IBloomberg - 261 words
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647 2006-04-17 13 Japan's growth exceeded that of US and Europe in 2005 Bloomberg AP [TOKYO] Japan's economic recovery should continue until next year, making it the longest period of growth since World War 11, Economic and Fiscal Policy Minister Kaoru Yosano says. The expansionBloomberg; AP - 647 words
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Page 13 Advertisements
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Advertisement1039 2006-04-17 13 ATci NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg IN THE MATTER Of THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF KP ARJUNA INTERNATIONAL PTE LTD (CO REG NO. *****9663 C) (IN CREDITORS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN thot pursuant to Section 308 of the1,039 words
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Advertisement608 2006-04-17 13 IN THE MATTER OF THE COMPANIES ACT CAP SO AND IN THE MATTER OF PIERRE VILLE PTE LTD Co. Reg. No. *****1325 M (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the. Companies Act Cap 50 that the Final Meeting of608 words
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MALAYSIA/INDONESIA
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330 2006-04-17 14 Reuters [KUALA LUMPUR] Malaysia's state investment firm is in talks to buy a one-third stake in Indian mobile phone operator Idea Cellular Ltd, a financial magazine reported, in a second Malaysian attempt to buy into the firm. Khazanah Nasional Bhd might takeReuters - 330 words
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Article3011 2006-04-17 14 Transaction date: Apr 14 For a full listing of the closing prices, log on to BT Online at http://business-times.asial.com.sg after 11.30pm every trading day HONGKONG vol o.« w 2950 Aw 13 hKS '000 Dynamic Global 0.04 0 0 Easyknit .0.13 0 ***** Aeon Credit 6.6 0.25 74 EcoTek3,011 words
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Article, Illustration323 2006-04-17 14 Mahindra Mahindra in talks for Proton alliance THE INDIAN CONNECTION M&M may take strategic stake for manufacturing and marketing pact [NEW DELHI] Mahindra 8t Mahindra (MBiM), in which Singapore investment company Temasek Holdings has a stake, is believed to have initiated talks with Malaysia's national car maker Proton for aAP - 323 words
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250 2006-04-17 14 [JAKARTA] The government is preparing a scheme that would allow private companies constructing government-sponsored infrastructure projects to issue rupiah-de-nominated bonds, The Jakarta Post on Saturday reported a senior government official as saying. Proceeds from the bonds will be used to help finance250 words
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425 2006-04-17 14 Ten single stock futures have been selected for launch [KUALA LUMPUR] Bursa Malaysia Bhd is targeting to launch the first tranche of single stock futures (SSFs) on April 28, The Star newspaper reported. The initial 10 SSFs to begin trading on425 words
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389 2006-04-17 14 [PETALING JAYA] Top-lev-el management changes are in the offing at BIMB Holdings Bhd, The Star reported last Saturday. Zukri Samat, the executive director for investments at Khazanah Nasional Bhd, is tipped to move to Bank Islam Malaysia Bhd as chief executive officer.389 words
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GREATER CHINA/INDIA
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Article, Illustration625 2006-04-17 15 Talks conditional on Taipei accepting 'one China' stand, says Beijing Bloomberg. Reuters [BEIJING] China's President Hu Jintao has offered talks with Taiwan's pro-in-dependence government on an "equal basis", at a meeting with the island's former opposition leader Lien Chan aimed at forgingBloomberg.; Reuters; BLOOMBERG - 625 words
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530 2006-04-17 15 AFP [NEW DELHI] India's elite business schools are going global with plans to train top-rung managers for emerging markets at cut-rate prices compared to their Ivy League cousins in the West. From sending faculty abroad to remote satellite teaching, the state-aided and internationally recognisedAFP - 530 words
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Article, Illustration349 2006-04-17 15 Bloomberg [NEW DELHII Oil Natural Gas Corp, India's biggest oil explorer, said full-year profit rose 9 per cent as global oil prices rose to a record last year. Net income rose to 141.8 billion rupees (Sss.l billion) in the financialBloomberg; REUTERS - 349 words
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424 2006-04-17 15 It's accepting bids on proposed seven-year loan [HONG KONG] Hongkong Land, the biggest landlord in Central, is seeking a HK$5 billion (Ssl billion) syndicated loan to refinance existing debt, The Standard on Saturday reported people familiar with the situation as saying.424 words
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567 2006-04-17 15 AFP (BEIJING] Chinese President Hu Jintao's visit to the US is arguably the most important overseas trip of his three years in office, with hopes high in Beijing that it will boost his image at home and abroad. While the visit isAFP - 567 words
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Page 15 Advertisements
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Advertisement54 2006-04-17 15 gJUHHRITIS? SLEEP ON WATER SLEEP ON MUTER TO REUEVE THE SYMPTOMS A Fantasy Waterbed evenly distributes the body weight reducing pressure on major inflamed joints. Combine it with heat; it aids blood circulation and helps to reduce pain. A Waterbeds: Health Spa in your bedroom. Lianhe Zaobao I M& A54 words
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ASIA-PACIFIC/WORLD
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Article, Illustration454 2006-04-17 16 Foreign investors offered freehold ownership in development Reuters [DUBAI] A governmentowned Dubai developer is planning a commercial and residential real estate project that will cost almost US$lB billion and offer foreign investors 100 per cent freehold ownership. Dubai kicked off a Gulf Arab realReuters; AFP - 454 words
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572 2006-04-17 16 AFP [WASHINGTON] The US began planning a full-scale military campaign against Iran that involves missile strikes, a land invasion and a naval operation to establish control over the Strait of Hormuz even before the March 2003 invasion of Iraq, a formerAFP - 572 words
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377 2006-04-17 16 CLARENCE MICHAEL - From CLARENCE MICHAEL in Dubai EMIRATES Bank International could be next in line in tapping the Singapore dollar bond market. The bank plans to sell Ssso million in three-year bonds at a coupon rate of 3.875 per cent only the377 words
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389 2006-04-17 16 It determines which frontline workers should be vaccinated Reuters [WASHINGTON] The US government would expand the Internet and possibly permit foreign countries to print US currency during a flu pandemic, under a national response plan that could be approved within days by PresidentReuters - 389 words
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Article, Illustration538 2006-04-17 16 AFP [TOKYO] Tommy Kullberg has seen the inside of a few Japanese homes lately and if he has learnt one thing it is that they tend to be, well, rather small. The soft-spoken Swede heading Ikea's return to Japan and hisAFP - 538 words
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207 2006-04-17 16 AFP [LONDON] The credit card details of thousands of Britons are being sold on the Internet by hackers intent on committing identity fraud, a newspaper said last Saturday. At least 400 credit card numbers are sold per day, along with other personal information suchAFP - 207 words
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Page 16 Advertisements
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Advertisement119 2006-04-17 16 FLUTTHeRj &ALLY&MALLBU&NeO6 CONFeaeeg -Ky< J 1 Hex rvoußLee to ouve ouT&ou*ce (/fr y. j >«i riiffi riV fa AIW Hi***! A mrn\\. y Sin U IJ IHIH I /wy mo^thas w<^2 '/sf VViyiy DH BHH (IIUIIJE 1 BEEN POWN f=OG> PAVSi gVI) y ml 9 1 Pv. f HAVE VOU119 words
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WORLD
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Article, Illustration651 2006-04-17 17 Speculation that it will launch takeover offer for LSE or Euronext AFP. Reuters [LONDON] The New York Stock Exchange (NYSE) admitted in documents filed with the US Securities and Exchange Commission (SEC), and quoted in the British press yesterday,AFP.; Reuters; REUTERS - 651 words
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645 2006-04-17 17 ANDY MARKS - WALL STREET INSIGHT US stocks may still stay in the doldrums By ANDY MARKS in New York WITH oil prices threatening US$7O per barrel and bond yields hitting multi-year highs, even the flood of positive earnings ne\frs coming this week may not645 words
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400 2006-04-17 17 AFP [LONDON] One of Prime Minister Tony Blair's proteges in the British Cabinet yesterday was drawn into the "cash-for-hon-ours" furore engulfing the governing Labour Party. Local Government Minister David Miliband was allegedly named by a former government adviser as the man to "go for" toAFP - 400 words
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Article, Illustration394 2006-04-17 17 Reuters [SAN FRANCISCO] Yahoo Inc's chief executive Terry Semel exercised options on seven million shares, which, after deducting the prices paid for the stock, netted him U*****.6 million in 2005, the company said in a US regulatory filing last Friday. Mr Semel, theReuters - 394 words
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Article, Illustration492 2006-04-17 17 AFP [LONDON] Queen Elizabeth 11, who turns 80 on Friday, is to stop using central London's iconic Buckingham Palace as her principal residence, The Times newspaper reported on Saturday. Though the palace would remain the royal headquarters, the queen was to makeAFP; AP - 492 words
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WORLD WATCH
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Article84 2006-04-17 17 AP [DUBLIN, Ireland] Eircom Group pic announced on Friday night it had received a 2.36 billion euro (554.57 billion) takeover proposal led by the Australian investment group Babcock Brown, which in February declared its interest in buying Ireland's largest phone company. Eircom, a former stateAP - 84 words
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Article56 2006-04-17 17 AP [BERLIN] German industrial company Siemens AG is discussing the possible sale of its main communications unit to Motorola Inc, a German newspaper reported on Saturday. Motorola has expressed interest in the unit, but Siemens wants to include other struggling units in any deal,AP - 56 words
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62 2006-04-17 17 Reuters [LONDON] A group of private investors including buyout firms Apax Partners and Alchemy has held early-stage talks about assembling an offer for British department store chain Debenhams, The Sunday Times reported. The paper said investment bank NM Rothschild had held discussions with theReuters - 62 words
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AVIATION
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Article, Illustration555 2006-04-17 18 It will gain access to its 9 partners' 684 destinations in 133 countries Bloomberg [MOSCOW] OAO Aeroflot* Russia's largest airline, officially joined the Sky Team alliance of Air France-KLM Group and Delta Air Lines, offering travellers in the former Soviet Union more access toBloomberg; AP - 555 words
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274 2006-04-17 18 AP [KUALA LUMPURI Cabin crew members at flag carrier Malaysia Airlines have threatened to sue the producers of a local movie over a scene where an actress refers to stewardesses as "toilet cleaners". "They have cast a negative image of our profession andAP - 274 words
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Article123 2006-04-17 18 AP [BRUSSELS, Belgium] The operators of Brussels International Airport implemented a total ban on smoking inside all airport buildings on Saturday, including all bars, lounges and restaurants. The ban applies new Belgian legislation which forbids smoking in the work place. That law came into forceAP - 123 words
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182 2006-04-17 18 Reuters [LONDON] British airports operator BAA Pic said yesterday that it had rejected a preliminary takeover approach from investment bank Goldman Sachs. "BAA confirms that it did receive a preliminary highly conditional and confidential approach on March 30 from a consortium including Goldman SachsReuters - 182 words
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Article, Illustration619 2006-04-17 18 Carriers at new terminals in S'pore, KL slash operating costs AFP [KUALA LUMPUR] The chairs are plastic, the facilities are few and some passengers are grumbling but budget airlines are hailing new no-frills terminals in Singapore and Malaysia as a cost-saving success. In aAFP - 619 words
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Article2185 2006-04-17 18 CITY FU6MT ETA FUGMT CTD KB59 0805 AJ481 1625 AM*> 1»0 SQ40J 18S5 AtaDhaW SD455 113S 1 l»fW SQ141 1145 S0142 0935 /UaiaM* LH9771 1750 LH9770 2345 *>>" 1535 SQ146 1640 SQ230 1750 SQ229 2j45 fAMO 1640 GA841 755 L***** 0630 AZ3993 2255 jZ gjf *****2,185 words
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Page 18 Miscellaneous
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Miscellaneous427 2006-04-17 18 CRYPTIC CROSSWORD 1 Exhibit pole reinforced with two bH| ah |H| 5 Did a jig, almost comic, going round the church (6) 9 I I I I I I 9 Agreed a new contact or stepped down? (8) —--—j—■■ jHI 10 Repugnance shown by bishop in house with soldiers (6)427 words
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SHIPPING
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Article, Illustration752 2006-04-17 19 Cruise lines rejuvenate old facilities as they ride a growth wave AP [LOS ANGELES] Cruise ships may be glamorous, but many cruise terminals aren't. Stashed next to freight docks and container vessels, they have all the ambience of warehouses, which, in fact, some once were.AP - 752 words
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Article279 2006-04-17 19 AP [NEW YORK] The Queen Mary 2 steamed up New York harbour, executed a deft 180degree pirouette and slipped through thick Saturday morning fog to a pier in New York's Red Hook neighbourhood, on the Brooklyn side of Buttermilk Channel. The pre-dawn arrival ofAP - 279 words
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Article280 2006-04-17 19 S6X '000 Apr 13 S$ W- Vol CHOflshore 0.40 unch 1230 ChuanHup 0.35 -0.01 965 Cosco Corporation 1.24 0.02 4972 CWT Distribution 1.27 0.07 493 Ezra Hldgs .2.88 0.03 867 Freight Unks 0.08 0.01 ***** Grand Banks Yacht 0.88 unch 7 Java Holdings 1.31 unch 501 K1 Venture280 words
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433 2006-04-17 19 Port of Rotterdam shows interest in tie-up with group Bloomberg THE operator of Algeria's oil terminals STH is looking for a partner in order to boost efficiency and cut costs, at a time when ports in the Mediterranean are attractive because they are on theBloomberg - 433 words
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260 2006-04-17 19 Reuters [TOKYO] China has issued a ban on ships entering an area of the East China Sea near a disputed maritime border with Japan while it works on an offshore gas field, Japanese media report. Citing an unidentified website ofReuters - 260 words
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PORT SHOTS
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Article69 2006-04-17 19 Reuters [LONDON] British shipbuilder VT Group pic said it had been selected as the preferred bidder to enter the next round of discussions for the supply of vessels for Oman's royal navy. The company said in a statement that technical and contractual talks commence nextReuters - 69 words
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144 2006-04-17 19 Reuters [HONG KONG] Port and infrastructure investor PYI Corp Ltd said it would pay HK5167.8 million (5534.7 million) to lift its stake in a Chinese deep water port project by 7.4 per cent to 75 per cent. PYI had agreed to buy theReuters - 144 words
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160 2006-04-17 19 Bloomberg [DUBAI] DP World, the Dubai company that was blocked from taking control of six US ports, plans to invest US$3OO million to expand facilities in Djibouti, where it is investing in an oil export harbour with the government. The company, controlled byBloomberg - 160 words
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Article, Illustration372 2006-04-17 19 Reuters [BUCHAREST] The Danube rose to its highest level in more than a century on Saturday, but the breaching of a dam in Romania eased pressure on ports and villages struggling to hold back the floods, officials said. Rivers fed by heavy rainReuters; AP - 372 words
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Article12923 2006-04-17 20 STRAITS TIMES INDEX STOCKS Stock name Wt dost Chang* Stock nam* Wt don Chang* Stock nam* MR do** Chang* Allgreen SOc 0.33 1 520 -0.020 HyfluxSc 0 36 2.400 >0.020 STEngglOc 1.92 3.180 +0.120 Ascendasreit 1.13 2.310 +0.090 JMHUS25c400 3.17 18.400 STATSChP2Sc 0.97 1.190 -0.010 8IL Intl US20c12,923 words
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Article6406 2006-04-17 21 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES la total okt laSS to IKS %&f %yt yr %4|f %yr *pr 14 lode* Chanpa Chans* Change Chang* Chang* Chang* The World tndei Piehnrvary ***** DO 5.4 0.0 27 0.0 &1 I Wi Preiirrunary ***** 0.0 7.7 0.0 5.6 0.0 9,2 Etnpe VMimj6,406 words
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Page 22 Advertisements
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Advertisement1263 2006-04-17 22 T^BPI /Q\ NYK GROUP SOUTH ASIA PTE LTD \r VfV|r MnrCU Te_:6295 0123 V" XV A Aline ML 9 11 LINE Fax: 6292 2856 (Regional sales}/ 6239 7109 (OPSV 6299 5785 (Documentation) V NIPPON YUSEN KAISHA v *sJ3s*' TOKYO OMXU KASHA. UO. (C/R NO: **********0E) UK CONTINENT SERVICE U.S.A SERVICE1,263 words
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Advertisement771 2006-04-17 22 IWTWAHA tOtO WVKI vßsayvor ramhkd hbghtw wg km m I sw i jkt STVAITS VENTURE 04/06 IS 3.2 06/04 W/04 20/04 23/04 25/04 snuns venture 07/0 A is 3.2 27/04 30/04 04/05 07/05 w/os STRAITS VENTURE 01/06 IS 3.2 11/05 J5/05 11/05 21/05 23/05 Immuiiii iHMiri I vßsa/vor ramped! hbchtwi771 words
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Page 23 Advertisements
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Advertisement1929 2006-04-17 23 WAN HAI INTERNATIONAL PTE LID <x NO: **********0/R \W\ WAN HAI LINES 200 V 11 V llflll I Iffl LlllkJ RLIH: 103) 3M4KIIHUL (OS 3M2SM FBI IB: (04) *****00 HUL M22t4Mt JOH 11(07)*****71 MX; |07)2S1I«I SUITH: (031) 32*5475 Ml (031) *****14/*****05 www wanhai W:|BI)fIMMMX:|BI)S2MnifUIIk7MM/7MM Ml: *****9 www.wiww.nl .»f Wmtl) 4157M31,929 words
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Advertisement1182 2006-04-17 23 VESSEL VOY SIN iff MIP WIS VESSEL VOY V JCT SUt HKG USH PUS CAPE SANTIAGO OOltC 21/4 23/4 29/4 3/5 KMTCSINCATOtE 6QSS 23/4 24/4 27/4 2/5 4/5 7/5 HANJIN POHANG 0303E 21/4 30/4 4/5 10/5 KMT( KEELUN6 605S 30/4 3/5 4/5 9/5 13/5 14/5 WSSEL VOY SIN USA J£A1,182 words
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Advertisement835 2006-04-17 23 W WEEKLY EXPRESS SAILING SCHEDULE I" ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICQ POINTS I vßsa I voy I siw I pjqanglcolomso Im. swvA I colomio I I ALSO KXBW6 FCL TO COCHM, TUTKMIN (VU COUMNBO) AND KANDLA I GO*| (VU N SHEVA) CONNECTMG MOTHBt VSU TO BJBOfI (FBJXSTOWE,835 words
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Page 24 Advertisements
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Advertisement880 2006-04-17 24 (Asia) Pie Ltd SgggSg 70 SbMtM Way, #21-03 NUHm Hmm 0791 It NORTH WEST EXPRESS LINE MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS DATES ARE ARRIVAL DATES VESSEL VOT IShaußore JdH Pari HidiiJ Fre—tU Ctw Irioad Qrbfw likwd PnskGWoi bkwd hofg» -JtM3 I fliie IMb HE 2L£ HJu. SIM Island880 words
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Advertisement759 2006-04-17 24 PAUANOA I7OM ifV 4 PACINIAN 434* l^s4 mum mn vtm irS fkuu nn wm Era TffSr 5555 137 J M/S HtMIIM fH7 R7H B7H HtttMM iflft 14/fi M/M I Htm H» WW ?7/M "rain fStS6 I?7H TT7H pacumxa l&B f*^S4 iai =M==ii==sl= —jjImm ia ilia \w I|BBE ||;|gS|jj |g|E VKStt759 words
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Advertisement387 2006-04-17 24 BSA jl o MYANMA FIVE STAR UNE f (MyoMir Notional Line) Loading for Yhjn VESSEL VOT SM na PEN PGU OMSHWIHAW 90W SID PAGAN 349W SU> IN MALAYSIA: ROUSTIAD SHIPPING AGENCIES MR/PEL 03-*****3 M PEN: 04-***** IS ACCEPTIiB CONVENTIONAL C6O vesa vot hkg sw na COCOA HURT 14 SU> 15/04387 words
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THE BUSINESS TIMES SHIPPING TIMES
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6560 2006-04-17 25 This HA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Desfa Name Name Number Number SM Oatfn Name Name Number Number To HAIPHONG (HPH) 2147 Vietnam To ABIDJAN (ABJ) 2003 Cote O'lvoire 27/04 03/05 Btang Mas MELINH MSL33N *****988 27/046,560 words
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BizIT
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Article, Illustration944 2006-04-17 26 AMIT ROY CHOUDHURY - Subscriber base forecast to grow 5-fold by 2010, reports AMIT ROY CHOUDHURY AMIT ROY CHOUDHURY WHEN Singapore's high-speed broadband infrastructure is fully put in place in the next few years, television programmes can then be beamed over the Internet to computers and TVAP; Source: IDC - 944 words
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235 2006-04-17 26 CURRENTLY, only the two telcos StarHub' and Singapore Telecommunications (Sing Tel) offer IPTV (Internet ProtocOl TV) services in Singapore, according to Claudo Checchia. IDC Asia Pacific's research manager for consumer markets. Star Hub's IPTV offering. i.View, is available only to its broadband subscribers. This235 words
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<what's new>
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68 2006-04-17 26 SECURITY software specialist McAfee has launched Total Protection, an integrated solution combining antivirus, antispyware, antispam, firewall and intrusion-prevention features. The new offering also allows IT managers to manage and view their security systems though a single console. McAfee's Total Protection comes in four flavours aimed68 words
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Article, Illustration76 2006-04-17 26 BROTHER International has unveiled the MFC-8460N, a network-ready printer capable of laser printing, faxing, copying, colour scanning and monochrome PC faxing. The new device can print and copy up to 28 pages per minute, and also allows users to send multiple faxes with its 40 one-touch76 words
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69 2006-04-17 26 SOFTWARE maker SSA Global has launched Marketing 7.0, a suite of applications designed to help companies integrate their inbound and outbound marketing programmes. The new package features enhancements like advanced real-time analytics to allow marketers to examine and fine-tune their campaigns. It also sports an69 words
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81 2006-04-17 26 ALTIRIS has introduced Local Security Solution, a new software tool designed to allow IT administrators to centrally manage passwords and user group permissions. Once deployed, it allows administrators to enhance their IT security policies by limiting access to sensitive systems and data. The solution also81 words
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Article, Illustration92 2006-04-17 26 WINSTON CHAI - Compiled by WINSTON CHAI EMC has introduced the Clariion AXISO and Alsoi, its new network storage systems geared towards small and mid-size businesses. These offerings incorporate second-generation iSCSI technology, SATAII disk drive support as well as enhanced data protection. The AXISO features fibre channel connectivity92 words
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Article, Illustration645 2006-04-17 26 ROLAND LIM - <cool stuff> But apparent move to woo 3G crowd leaves some current users far from impressed By ROLAND LIM HAVING seen the new Motorola V3x, it has left me without doubt that Motorola has done an excellent job on its first generation645 words
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Article, Illustration672 2006-04-17 27 ROLAND LIM - It hopes to raise region's share of group revenue to 15% from 5% now By ROLAND LIM CHANGE management solution specialist Serena Software is betting that the Asia-Pacific region will be the fastest growing market in the next few years and it is setting672 words
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Article855 2006-04-17 27 ANDY COCKS - <you say> Three closely linked micro trends will have a big impact on the technology landscape By ANDY COCKS THE IT industry is characterised by change, hype and, often, a lack of consensus on the definition and impact of new technologies. Hence, there is an urgent need855 words
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<what's up>
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70 2006-04-17 27 EMC Corporation has appointed Steve Leonard its president of Asia-Pacific and Japan. As the new regional chief, Mr Leonard will oversee EMC's sales and service organisations in more than 12 countries. He takes over from Steven Fitz, who has been reassigned to EMC's operations in70 words
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Article111 2006-04-17 27 THE Interactive Channel (TIC), Hong Kong-based media veteran Robert Chua's brainchild, has won the 2006 International Interactive TV Award. The accolade was awarded by the French Association for Interactive Television at the MIPTV media trade show held in Cannes, France earlier this month. TIC beat111 words
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87 2006-04-17 27 CANON Singapore has set up a business continuity centre at its local office situated at the HarbourFront. With the new facility in place, customers who have purchased the company's business imaging solutions like multifunction printers will now have a backup printing centre when their equipment87 words
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67 2006-04-17 27 Oracle names new CRM vice-president BUSINESS software behemoth Oracle has appointed Paul Appleby as its new vice-president of customer relationship management (CRM) for Asia-Pacific. In the newly created role, Mr Appleby, a former Siebel Systems executive, will oversee Oracle's regional CRM business and focus on companies in the financial, telecommunications67 words
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106 2006-04-17 27 WINSTON CHAI - Compiled by WINSTON CHAI LOGISTICS firm TNT has launched its "mobile worker" initiative across the Asia-Pacific. Under this programme, 900 units of a specially developed wireless handheld will be deployed across its offices in the region. The company said these devices have already been106 words
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Article, Illustration501 2006-04-17 27 WINSTON CHAI - By WINSTON CHAI WITH wireless gear becoming commonplace in Netsawy Singapore, networking equipment maker DLink is fast expanding beyond its traditional product stronghold in a bid to diversify revenue streams. The Taiwanese firm is looking to keep up its pace of growth in South-east Asia,501 words
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Page 26 Advertisements
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Advertisement15 2006-04-17 26 Serena Software's target It hopes to raise Asia-Pacific's share of group revenue to 15% PG2715 words
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BizIT FOCUS: SINGAPORE in 2015
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Article533 2006-04-17 28 KENNETH JAMES - S'pore's new infocomm masterplan, to be launched in June, is the focus of this new fortnightly series By KENNETH JAMES THE stage is set for the unveiling of Singapore's infocomm blueprint for the next 10 years. Come June 20, at the opening of the Infocomm Media533 words
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Article, Illustration1078 2006-04-17 28 KENNETH JAMES - By KENNETH JAMES IT'S been 10 years since the government decided to open up the telecommunications sector to full competition. That's not a decision that any country takes lightly. Singapore in fact went further, bringing forward the fateful day by twoREUTERS - 1,078 words
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Page 28 Advertisements
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Advertisement18 2006-04-17 28 This iN2015 series is brought to you by: IDA wmr SiW Singapore infocomm SINGAPORE computer society Technology Federation18 words
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