The Business Times, 12 October 2006
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2006-10-12
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The Business Times
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Title Section19 2006-10-12 1 THE BUSINESS TIMES HTth 3b SINGAPORE&tAI^ online at http://business-times.asial.com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION MICA (P) 099/03/2006 Thursday/October 12,200619 words
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Article, Illustration708 2006-10-12 1 DONALD URQUHART - Rising construction costs, declining rents put paid to ambitious San Francisco waterfront project By DONALD URQUHART [SINGAPORE] An ambitious plan to build a cruise centre heralded as a jewel in Singapore's overseas crown and a long-awaited revitaliser of San Francisco's dilapidated waterfront has come708 words
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611 2006-10-12 1 KALPANA RASHIWALA - New building on Overseas Union House site; Change Alley Aerial Plaza to be conserved By KALPANA RASHIWALA [SINGAPORE] The longawaited redevelopment of two ageing landmark properties in Collyer Quay is finally going ahead. Sources say United Overseas611 words
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Article131 2006-10-12 1 STI 2.641.61 (-6.05) ST INDEX FUTURES 2,644.00 (-6.00) SIMSCI 318.03 (-0.04) SIMSCI FUTURES 318.50 (unch) MARKETS Wednesday Change KLCOMP 970.37 >0.66 NIKKEI 225 16,400.57 -76.68 HANG SENG 17,862.79 +39.09 SET INDEX 697.82 -1.34 JAKARTA COMP 1.553.12 -1.80 MANILA COMP 2.527.27 -1.71 SEOUL COMP 1,325.49 -2.88 SHENZHEN B 325.99131 words
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Page 1 Advertisements
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Advertisement8 2006-10-12 1 PROPERTY Mansion to go ahead ll PAGE 368 words
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Advertisement106 2006-10-12 1 CHINA S RICHEST foper tycoon is first woman to top rich list WM 4m W r 9H' ImtJfa HK: jkmm I Wm BRt JT jT M mil I!. Wj|U ■Bi—- 1 -it, ,i 4 You never actually ~\l^B own a Patek Philippe, n**lJ You merely after it for the Men's106 words
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Advertisement61 2006-10-12 1 BnlT: LIFE AT THE TOP Business Objects' PROPERTY FEVER It's hot and it's back. Don't miss our 18-page property special with today's BT COMMENTARY Why SGX must deter short-selling of warrants PAGE 7 THE BOOKER wm PRIZE 2006 M A Kit** oBS Kip j| India-born Kiran Desai wins Man Booker61 words
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TOP STORIES
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Article, Illustration690 2006-10-12 2 Paper tycoon Zhang is world's richest self-made woman Bloomberg [BEIJING] Paper-recycling entrepreneur Zhang Yin became the first woman to top a ranking of China's richest people, amassing a fortune of US$3.4 billion after her company's shares were listed in Hong Kong and almost tripledBloomberg - 690 words
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Article, Illustration258 2006-10-12 2 KALPANA RASHIWALA - His successor likely to be Raffles Medical's executive chairman: market watchers By KALPANA RASHIWALA [SINGAPORE] Property tycoon Philip Ng of Far East Organization is expected to step down as chairman of the board of Sentosa Development Corpo(SDC) in the258 words
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529 2006-10-12 2 He'll head Goldman Gao Hua as China firms plan big IPOs Bloomberg [TOKYO] Goldman Sachs Group Inc, Wall Street's most profitable firm, promoted Richard Ong to run its business in China, the world's fastest-growing major economy. Mr Ong, the co-presi-dent of Goldman's SingaporeBloomberg - 529 words
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Article586 2006-10-12 2 Singapore firms eye housing markets beyond China, India MORE Singapore companies are looking beyond China and India to seek out opportunities in the housing and urban development Markets like Vietnam and Middle East are already very hot, while others such as Pakistan, increasingly on the radar screen. TOP586 words
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Article, Illustration836 2006-10-12 4 NANDE KHIN - Housing projects in Vietnam, Russia, ME on radar screen By NANDE KHIN [SINGAPORE] More Singapore companies are looking beyond China and India to seek out opportunities in the housing and urban development sector. Markets like Vietnam and Middle East are already very hot, while836 words
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Article, Illustration583 2006-10-12 4 She is the youngest female winner of the prize Bloomberg [LONDON] Kiran Desai's The Inheritance of Loss, an ebullient novel about globalisation and its impact on a small Himalayan village, has won the £50,000 (*****,290) Man Booker Prize for fiction. The 35-year-old IndiabornBloomberg; AP - 583 words
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Advertisement23 2006-10-12 2 Mj|i8M|gra ,v gj& Repertoire to Include Mozart Handel Faijre Hi Bizet Verdi V Vaughan W Williams ■A voice I Standard 42g ■Chartered f523 words
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Advertisement33 2006-10-12 2 people Clients wanted. (Only excellent companies need apply) www thepeopleatwork corn Asia Pacific Executive Search CHARTING DIRECTIONS Place your AGM and EGM notices in our newspapers. Call 1800 289 8822 or email notices#sph.com.sg.33 words
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Advertisement1999 2006-10-12 4 SILVERLAKE silverlake axis ltd (formerly known as Axis Systems Holdings Limited) 1 IC (incorporated in Bermuda on 29 July 2002) (Company Registration Number *****) NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of SILVERLAKE AXIS LTD will be held at the Intercontinental Hotels ft Resorts, 80 Middle Road, Singapore1,999 words
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Advertisement385 2006-10-12 4 IN THE MATTE* Of THE COMPANIES ACT, CAP. 50 PURSUANT TO SECTION 290(2)(b) and IN THE MATTER OF GERMAN TECHNICAL CONSULTANTS (PRIVATE) LIMITED (Company No: *****1242Z) (In Members Voluntary Winding Up) By way of Shareholders' Written Resolution datad 10th October 2006 the Special Resolutions Ht out below wm duly passed385 words
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Advertisement260 2006-10-12 5 W \ttA.4]i^3BBi^fIBBIBII^^^^BBBIfIII^IH^^BB^fIiBBHBII^fIBB^^BB^IBBBfIBBBBfIiIBBBi^^^BBBBBiBBBBBBiiBBBBiBBBBiBBBfIIBI^HBBHBBI BBHr lIL m ih~ \ft^vTZ \vrnt^mX.vfti \m HVTIV M\ m W-^Jab* VvA ivw'SW Iflv v i ■ft wa iw®'iv\ y \mPI wHH y:- WL\ \YL< IV. \nl > M VtA"- IwX ■HHV -'ii\"m \w* 1 \\A\ r?\a 9HMHn 1 IV Hv\ x w WW vlt 1 SMfln V%*'260 words
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COMPANY NEWS
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Article, Illustration764 2006-10-12 6 WONG WEI KONG - IPO WATCH Firm lands deal to sell bird flu test kits to Indonesia; deal in China on cards By WONG WEI KONG ROCKEBY biomed Ltd, a home-grown bio-tech firm listed in Australia, could be heading home for a Singapore listing after winning a series764 words
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435 2006-10-12 6 MICHELLE QUAH - By MICHELLE QUAH MALAYSIAN-BASED cleanroom products specialist Riverstone Holdings is eyeing a listing on the Singapore Exchange (SGX). The Singapore-incorporated company has lodged its preliminary prospectus with the Monetary Authority of Singapore (MAS) and is now awaiting MAS's approval for a share listing.435 words
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Article5551 2006-10-12 6 UNIT TRUSTS FUNDS ■TTmmTTTSHHHHHHi ABAmer Income AT USO a. 591 AB Amer Income BT USD 8.62/ f 1ULJ .1 AB Amer Income A USO 8.® < S AB Amer Income B USO 8.6/ ?"?S Amer Income A EUR 6 86/ Star Europe Bond 1.18* *8 Amer Income 8 EUR 6.9615,551 words
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Article, Illustration519 2006-10-12 7 SIOW LI SEN - Hsieh Fu Hua received 80% pay jump while FYO6 profit also up 80% By SIOW LI SEN THE 80 per cent pay rise of Singapore Exchange (SGX) chief executive Hsieh Fu Hua which matched the company's 80 per cent net profit increase for519 words
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767 2006-10-12 7 R SIVANITHY - HOCK LOCK SIEW By R SIVANITHY TO take the warrants market to its next level of development, the Singapore Exchange (SGX) is putting in place a slew of measures aimed at making Singapore as attractive as possible to warrant issuers. All measures767 words
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254 2006-10-12 7 Reuters STREETTRACKS Gold Shares, the world's largest gold exchange-traded fund (ETF), started trading on the Singapore Exchange (SGX) yesterday in a move to attract more investors into the bullion market. The fund, Asia's first gold-based ETF, opened at U5557.60, hit a high ofReuters - 254 words
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363 2006-10-12 8 KALPANA RASHIWALA - Wing Tai's $1,369 psf ppr pips record set by Pin Tjoe Court last month By KALPANA RASHIWALA A NEW benchmark has been set for residential land in Singapore. Wing Tai Holdings' $201 million purchase of Ardmore Point in plush Ardmore Park reflects a price363 words
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Article, Illustration326 2006-10-12 8 Reuters RETAIL and property group Wing Tai Holdings expects its earnings to be underpinned by a sustained upturn in Singapore's property market, but said it will continue to diversify outside the country. Wing Tai deputy chairman Edmund Cheng said yesterday that Singapore would accountReuters - 326 words
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206 2006-10-12 8 Reuters [HONG KONG] An institutional shareholder of Hongkong Land Holdings, the biggest landlord in the Central district of Hong Kong, sold 138 million existing shares in the property firm for US$5ll million, a banker close to the deal said yesterday. The sale shares inReuters - 206 words
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222 2006-10-12 8 KEPPEL Telecommunications Transportation (KT&T) yesterday said it is negotiating for a stake in iCell Network, one of the three companies picked to provide free wireless Internet access in Singapore. On Tuesday, the government un- veiled a slew of multi-million-dollar initiatives aimed at bringing222 words
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429 2006-10-12 8 NANDE KHIN - Price of 17 share an 82.4% premium over net asset value By NANDE KHIN SMART card solutions provider I'M Technologies said yesterday that Euronextlisted Oberthur Card Systems SA (OCS) is acquiring it via a proposed scheme of arrangement for $34 million429 words
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235 2006-10-12 8 SHIPOWNER and manager Singapore Shipping Corporation (SSC) plans to sell its stakes in two associated companies to the Wallenius GroUp for about U5516.42 million. In an announcement yesterday, mainboardlisted SSC said it had entered into sale and purchase agreements with the Swedish235 words
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Advertisement31 2006-10-12 7 aHHHImraiQHuHEF sSB Bt^Kl^Pxlllm^^SHwl^^m^Bw^^B Event Highlights Another Quality Endorsed By: To Be Held In: Event By: ?jf 3 H SirKjapoTV Reed Exhibitions Supported By: IJsSr- <5 |5 [B@PJ ❖V_*'.""' S,MM f»P SPETA31 words
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Advertisement183 2006-10-12 7 High powered courses for finance profes^m^^ <^Pi .ft va Macquarie Financial Intelligence Series Knowledge leads to opportunity. Macquarie's financial knowledge has helped It become a significant participant in Asian financial markets. Macquarie is proud to offer one-day training courses in Singapore for finance professionals: Visual Basic for Financial Applications 31183 words
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Advertisement2386 2006-10-12 8 NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg HUY IT-SEl L IT H* INCHEM HOLDINGS INTERNATIONAL LIMITED (Company Registration No. *****4837 M) INCHEM* (Incorporated in Singapore with limited liability) NOTICE IS HEREBY GIVEN that the Annual General Meeting of Inchem Holdings International Limited ("the Company") will be held at 26 Ayer Rajah2,386 words
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Advertisement103 2006-10-12 8 —PL 111/ 1 Our qualified professionals J can assist you with offshore structures, shelf companies jIMK/ and incorporations in ALL jurisdictions including: British Virgin Islands Cayman Islands Bahamas Mauritius PHHHHHHHHI Hongkong mi Samoa Full nominee, management secretarial, banking and corporate administration services are available. We also specialize in offshore trusts103 words
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Advertisement443 2006-10-12 9 f B r Hfl j I I^MBMM|MB|«bM|BHM i. > 77 freehold terrace houses verySpaCiOUS IM ng awaits you. ■bk. Bk Serangoon Gdn Sec School ill# HE' 1 ■-> agfc3Wjyjtfbl4' loAim Mo Km KovmMRTQ <5 Heartland Melt I 111 fV fHifln I K J SERANGOON GARDEN O I IBf llt MSM443 words
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SINGAPORE MARKETS
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Article, Illustration554 2006-10-12 10 R SIVANITHY - STOCKS Market barometer sheds six points; second-line activity centres on penny shares R SIVANITHY Senior Correspondent THE Jardine group's rise to all-time highs has been largely instrumental in driving the Straits Times Index (STI) to its own lofty heights, and so it wasSource Bloomberg - 554 words
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Article, Illustration986 2006-10-12 10 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS (Disclosures made on Oct 11 and earlier) Subsantial No of Price SHAREHOLDING Trans Shareholder/ Buy/ Shares Per Before After Stock Date Director Sell '000 Shr TOM) COOP) Dayen 11-Oct-06 Lee Ching Yen Buy ***** 0.45 0 0.00 ***** 16.30 Vita Hldgs 11-0ct-06 Chong Thim986 words
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Article, Illustration952 2006-10-12 10 UMA SHANKARI - Compiled by UMA SHANKARI OSIM International Oct 11 dose: SSI.BB CITIGROUP RESEARCH, Oct 10 OUR recent meeting with the management suggests that OSIM is on track with its efforts at Brookstone (BRK). Stock-keeping units (SKUs) have fallen below 800 (from over 900 previously), in line with plans toSource: Bloomberg - 952 words
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Article, Illustration520 2006-10-12 10 LARRY WEE - CURRENCIES LARRY WEE Senior Correspondent THE Japanese yen fell to fresh 2006 lows versus both the US and Singapore dollars yesterday, hurt by more evidence of US dollar strength and rumours of another North Korean nuclear weapon test. In Asian trading,Source: Reuters - 520 words
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COMPANIES: CHINA STOCKS
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385 2006-10-12 11 MATTHEW PHAN - It points out that reported profits, net asset value are unaffected By MATTHEW PHAN 810-TREAT Technology said yesterday that a "classification error" has resulted in material differences between its audited and non-audited financial statements for the full year ended June 2006. The company,385 words
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316 2006-10-12 11 JEAN CHUA - By JEAN CHUA ASIA Environment Holdings has signed a deal to build, own and operate (BOO) a water project in the Binxi Economic Development Zone in Harbin, in north-east China. It is the first such deal for the Singa-pore-listed China-based company. The 190316 words
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368 2006-10-12 11 JEAN CHUA - By JEAN CHUA CELESTIAL Nutrifoods said its investment in a bio-die-sel factory in a soybean zone is in line with its core business and that the cash to fund it will come from an issue of convertible bonds. The soybean maker said368 words
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CHINA BRIEFS
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107 2006-10-12 11 FTSE Xinhua said after the hearing of its copyright-infringement case yesterday that it is now awaiting further instructions from the court. The Shanghai district court that heard its case will come back to it with either a verdict or a date to continue hearing the107 words
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Article71 2006-10-12 11 SHOE maker Hongguo International has engaged a consultant to help it define and implement an investment strategy and business development programme, especially in the Greater China market. The plan will explore ways to enhance "growth and shareholder value" which may involve joint ventures, alliances and acquisitions of71 words
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Article100 2006-10-12 11 CHINA Kangda Food said that it has signed a memorandum of understanding (MOU) through its subsidiary Qingdao Kangda Foods to supply onion rings products to Best Food Services in the United States, whose customers include Burger King. China Kangda will invest about 14 million100 words
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Advertisement257 2006-10-12 11 y J gt fi -o_k%i§ 5 I S Vyf '*%,'•>> Inf. -'x WMWImm BMB JMB Hlflv 1 a M T^- HViHfl I I'•IB Yg L\ m/m/ I 9I II VT JHBSk'aft I i tic 2QQ lecnnoiofiv awuq iino ia) is tnc pinnacle stciucvemcnt ot 9 c/*i rim 11 is* n257 words
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SINGAPORE INTERNATIONAL
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Article, Illustration1052 2006-10-12 12 CHUANG PECK MING - A high-level Singapore team heads for Russia next week, giving economic cooperation a further boost. CHUANG PECK MING reports CHUANG PECK MING RUSSIA is once again in Singapore's spotlight as a high-level mission prepares to leave for Moscow and St Petersburg next week to seek1,052 words
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443 2006-10-12 12 SINGAPORE-BASED Younger (S) Pte Ltd produces BBQ pork jerky, pork floss and sausages in China for the Singapore and Japanese markets. It also takes advantage of lower costs' there to make Chinese dimsum and Japanese food to be shipped to Japan,443 words
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492 2006-10-12 12 SINGAPORE and Russia inked a Memorandum of Understanding on Economic Cooperation in Special Economic Zones in August, sealing Singapore's advisory role in the development of SEZs in Russia. In the next six months, Singapore will direct its assistance to the SEZs in Tomsk and Elabuga.492 words
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Page 12 Advertisements
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Advertisement116 2006-10-12 12 When it comes to sourcing information for your overseas business expansions, we have what you need at ieConnect. M All you need to do is register as an ieConnect member at www.iesingapore.com/ieConnect. Indicate your areas of business interest to receive MK/UP 8 VJ customised information and enjoy a host exclusive116 words
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Advertisement41 2006-10-12 12 ENTERPRISE the Business Times SINGAPORE Singapore Singapore Intarnattonal to a waakly, rnsrtcst-focussd lariat brought to you by IE Singapore and Tha luflnaw Tlmai. IE Singapore It an agancy under tha Ministry of Trada and Induttry halping Singapore antarprltai axport and lntarnatk>naltoa.41 words
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SINGAPORE NEWS
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Article, Illustration484 2006-10-12 13 LESLIE YEE - H1 pre-tax profit up3l% y-o-y to US$185m on 25% higher revenue By LESLIE YEE HSBC Singapore made US$lB5 million in pre-tax profit for the first half of this year, up 31 per cent year-on-year, the newly appointed chief executive officer for HSBC Singapore,ZAOBAO - 484 words
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301 2006-10-12 13 OH BOON PING - By OH BOON PING ETH Domain, a topEaropean group of research and teaching institutes, is partnering the National Research Foundation (NRF) to set up a research centre here. At a briefing yesterday, ETH board president Alexander Zehnder said the centre would301 words
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294 2006-10-12 13 UMA SHANKARI - PROMISING FRANCHISES O'Briens Irish, Cherie Hearts, Blush! make the cut Reports by UMA SHANKARI THE Franchising Licensing Association of Singapore (FLA) yesterday unveiled its three finalists for the 2006 Franchisor of the Year award, choosing names that most Singaporeans .would be familiar294 words
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Article, Illustration409 2006-10-12 13 HOME-GROWN lingerie label Blush! is going places, and the company's chief executive Patrick Chai is not shy when it comes to talking about his brainchild. While Blush! might have started out as a lingerie store, Mr Chai now wants to expand intoZAOBAO - 409 words
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297 2006-10-12 13 DANIEL BUENAS - More local firms using framework to benchmark their performance By DANIEL BUENAS SPRING Singapore will honour more organisations with the coveted Business Excellence Awards which comprise the Singapore Quality Award (SQA), the People Excellence Award and the Singapore Innovation Award at a gala dinner297 words
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SINGAPORE ROUNDUP
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Article, Illustration79 2006-10-12 13 NATIONAL water agency PUB yesterday said it is calling a public tender to upgrade the Macßitchie Reservoir Park (right) the oldest reservoir in Singapore without affecting the nature reserve. The improvement works will see more greenery added to the front of the park which currently79 words
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59 2006-10-12 13 SENTOSA Cove Pte Ltd awarded the Marina Collection condominium site to Lippo Global Assets Ltd last Friday. The Lippo unit emerged as the highest bidder when the tender for the 99-year leasehold site closed last month with its price of $234.7 million, which works59 words
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Page 13 Advertisements
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Advertisement57 2006-10-12 13 1 o H 9 f I I ft S iV: < mmm Tiffany&Co. tifpawy rot ftusiNus HOLIDAY lOM "*nnnpnipwii^imwwj mi Good Business Please call 6735 1848 for the new holiday business gift catalogue. Inside are memorable gifts to express your thanks to employees, clients and colleagues. Tiffany&Co. SINGAPORE RAFFLES HOTEL57 words
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ECONOMY WATCH
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397 2006-10-12 14 Reuters AFP [DUBAI] Crude oil rose as Qatari and Nigerian officials said Opec was close to a formal accord to cut output by one million barrels a day to stem a drop in prices. "Voluntary" reductions will be made on "aReuters; AFP - 397 words
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388 2006-10-12 14 AP AFP [SHANGHAI] China's economy is likely to grow by 10.5 per cent this year and slow only slightly in 2007, state-run newspapers said yesterday, citing a government thinktank that called for stronger action to cool an investment boom. The authoritiesAP; AFP - 388 words
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Article, Illustration279 2006-10-12 14 Bloomberg [WASHINGTON] Former Federal Reserve chairman Alan Greenspan said the US housing market's tumble will "dramatically slow" following falls in construction and prices this year. "The rate of decline is going to dramatically slow," he told an audience of insuranceBloomberg; BLOOMBERG - 279 words
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Article, Illustration611 2006-10-12 14 He also warns of being fixated on the US housing, auto markets Reuters (LONDON] Dallas Federal Reserve Bank president Richard Fisher said on Tuesday that he is comfortable with US interest rates at current levels but stressed that they could riseReuters; FILE PHOTO - 611 words
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Advertisement1806 2006-10-12 14 rtOL LION ASIAPAC LIMITED (Co. Reg. No. *****0586R) YJkm (Incorporated in the Republic of Singapore) NOTICE OF 36™ ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the 36th Annual General Meeting of Lion Asiapac Limited (the "Company") will be held at The Conference Room at 10 Arumugam Road #1(WX) Lion1,806 words
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MALAYSIA/INDONESIA
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540 2006-10-12 15 S JAYASANKARAN - Asli official resigns one day after think-tank retracts his paper By S JAYASANKARAN in Kuala Lumpur THE author of a controversial study on ethnic Malay corporate ownership in Malaysia yesterday resigned from his position at the Asian Strategy and Leadership Institute (Asli) to protest540 words
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Article2319 2006-10-12 15 VOL Gamuda 4.00 0.08 1354 Oct 11 RM C000) General Corp .0.60 -0.01 164 Genting 2625 -025 1744 ASM Realty 1.39 unch 3 George Kent .0.52 unch 295 Abric 031 unch 47 G HL Systems .0.24 0.01 2487 ACP Industries 0.91 -0.01 158 Globetronics Tech .0.30 unch 1572,319 words
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Article, Illustration370 2006-10-12 15 Bloomberg [SINGAPORE] Indonesian President Susilo Bambang Yudhoyono has apologised for the smoke haze from forest fires burning in his country that has choked parts of neighbouring Malaysia and Singapore. "Under the name of the Indonesian government, I should apologise to the neighbouring countries over thisBloomberg; REUTERS - 370 words
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187 2006-10-12 15 Bloomberg [KUALA LUMPUR] Malaysia's real estate investment trust (Reit) industry isn't big enough and may struggle to lure investors amid competition from larger markets like Singapore and Hong Kong, fund managers at Henderson Global Investors Ltd said. "The small number of Reits thatBloomberg - 187 words
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BRIEFLY ASIA
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Article60 2006-10-12 15 Reuters [JAKARTA] Indonesia's president, who has been mentioned as a leading candidate for the Nobel Peace Prize to be announced tomorrow, is more popular at home now than earlier this year, a poll released yesterday showed. The new survey showed 67 per cent of more than 1,200Reuters - 60 words
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78 2006-10-12 15 Reuters [BEIJING] The Shanghai Petroleum Exchange plans to extend spot trading via its electronic tender bidding system in an effort to increase market participation, the China Securities Journal reported yesterday. Qualified dealers currently can trade through electronic tender bidding system from 9:30-11:00 on Wednesday andReuters - 78 words
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44 2006-10-12 15 AFP [BEIJING] China plans to reduce its bulky trade surplus to zero by the end of the decade, via a drastic decline in the growth of its exports to the outside world, the government said. —AFPAFP - 44 words
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63 2006-10-12 15 AP [BEIJING] China's leaders yesterday wrapped up an annual policymaking session focusing on the plight of the country's poor amid upheaval within the ruling Communist Party. The four-day meeting of the Central Committee was officially meant to take up efforts to spread China's new prosperityAP - 63 words
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247 2006-10-12 15 Reuters [JAKAßTA] ExxonMobil Corp may still be allowed to operate the huge Natuna offshore gas field subject to new terms, despite the termination of the existing contract, an energy ministry official said yesterday. Indonesian Oil Minister Purnomo Yusgiantoro said two days agoReuters - 247 words
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Advertisement281 2006-10-12 15 If you are facing any of the following: You need to keep your payroll absolutely confidential. Your payroll staff are bogged down, and are bored with the routine of rushing payroll every month, and there is limited room for staff development for payroll processing functions. You or your payroll staff281 words
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GREATER CHINA
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297 2006-10-12 16 Reuters [SHANGHAI] Shares of Sai\y Heavy Industry Co Ltd jumped more than 3 per cent yesterday, outpacing a flat market, on news its parent wants to build a US plant, the latest Chinese firm to try and tap markets abroad.Reuters - 297 words
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Article, Illustration601 2006-10-12 16 JANE MOIR - HK leader says he will focus on improving people's livelihood By JANE MOIR in Hong Kong HONG KONG'S leader yesterday sidestepped thorny political issues and pledged a series of measures to improve the economy and make the regulatory landscape friendlier for overseas companies seekingREUTERS - 601 words
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Article497 2006-10-12 16 Company needs capital to bankroll projects in China Reuters [HONG KONG] Eldorado Gold Corp, named after the mythical city of gold, is aiming to float shares in Hong Kong next year to bankroll a quest for projects in China, the firm's top executive said onReuters - 497 words
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237 2006-10-12 16 Reuters [HONG KONGJ A real estate investment trust (Reit) spun off by Hong Kong's Regal Hotels will launch an initial public offering (IPO) worth more than US$5OO million in November, a source close to the deal said yesterday. Reit fever swept Hong KongReuters - 237 words
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Article179 2006-10-12 16 AFP [BEIJING] China's economy is likely to grow 10.5 per cent this year and slow only marginally next year, Xinhua news agency said yesterday, citing the main government think tank. The expected growth in the Chinese economy, up from 10.2 per cent recorded lastAFP - 179 words
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267 2006-10-12 16 AFP [BEIJING] Complaints from foreign banks that new rules on their local-currency operations in China are too strict are likely to have fallen on deaf ears, a report in the state media yesterday indicated. The final regulations will probably keep a draftAFP - 267 words
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Advertisement1313 2006-10-12 16 LANTROVISION (S) LTD (Company Registration No. *****3374R) (Incorporated in the Republic of Singapore) NOTICE IS HEREBY GIVEN that the Annual General Meeting of LANTROVISION (S) LTD ("the Company") will be held at 102F Pasir Panjang Road, #03-08, Citilink Warehouse Complex, Singapore *****0 on Friday, 27 October 2006, at 10.00 a.m.1,313 words
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Advertisement31 2006-10-12 16 Get a I Y/c/ Leading Edge Your sailing schedules get wider attention in The Business Times shipping pages f Call Bernard Ong at 6319-1645 or Michael Chng at 6319-2026 ShTpfing Times31 words
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Advertisement154 2006-10-12 17 f f J y yj J J J s J > HAUTE H ORLOG ERIE AUTHENTIQUE Dcjr Customers, Varmigiam is proud to announce that Yafriro luterihitiou.il is tin' official distributor for Singapore, Malaysia, Indonesia. Thailand and Brunei. We are committed and tall continue our partners/up for long term. For any154 words
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INDIA
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Article, Illustration489 2006-10-12 18 He's pushing Sebi to disgorge illegal gains made by them Economic Times [MUMßAl] Finance minister P Chidambaram wants the Securities and Exchange Board of India (Sebi) to disgorge illegal gains made by a clutch of operators, who have manipulated allotment of shares in scoresEconomic Times - 489 words
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Article, Illustration516 2006-10-12 18 It rakes in 9.3b rupees, beats market estimates AFP Bloomberg [BANGALORE] India's sec-ond-largest software exporter, Infosys, said yesterday its second quarter net profit shot up 52 per cent from a year ago as it roped in more clients due to an outsourcingAFP; Bloomberg; BLOOMBERG - 516 words
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297 2006-10-12 18 [MUMBAI/KOLKATA] The Kalyani group has initiated negotiations with Corus to buy some of the AngloDutch steelmaker's units, the online Business Standard reported. The paper cited sources close to the development as saying that the Pune-based Kalyani group had held high-level talks for297 words
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Advertisement317 2006-10-12 18 {{Great organisations demand a high level J of commitment by the people involved. i i BHI Gates Founder of Microsoft The greatest competitive edge of a dynamic company lies in the undivided dedication of its people. Your company has certainly j come a long way. Now go forth and be317 words
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MIDDLE-EAST
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337 2006-10-12 19 CLARENCE MICHAEL - Facility to be used to finance overseas projects, complete local ones By CLARENCE MICHAEL in Dubai DUBAI-BASED Emaar Properties, which recently acquired Singapore's Raffles Campus Pte Ltd, said work on its US$2O billion Downtown Burj Dubai development which has at its epicentre the337 words
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175 2006-10-12 19 Reuters [DUBAI] Dubai's government-owned Istithmar investment agency said it is mulling more ventures in South Africa, adding to its joint 7.01-billion-rand (551.43 billion) purchase last year of Cape Town's V&A Waterfront. Istithmar, which last week spent US$l billion on a stake in StandardReuters - 175 words
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Article, Illustration486 2006-10-12 19 Wealthy Arab states, expatriates come to its help AFP [DUßAl] Lebanon is safe from a monetary collapse despite Israel's blistering 34-day offensive against Hezbollah due to sufficient capital inflows and a successful monetary policy, the International Monetary Fund believes. "The IMFAFP; REUTERS - 486 words
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222 2006-10-12 19 AFP Reuters [ANKARA] Turkey's government may cut val-ue-added tax (VAT) on some sectors, including tourism, as long as it does not upset its economic programme or fiscal balances, Deputy Prime Minister Abdullatif Sener said. Tourism Minister Atilla Koc said last week that VATAFP; Reuters - 222 words
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Page 19 Advertisements
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Advertisement103 2006-10-12 20 *s^-.• pit 1 v m ■B^nV 1 *99HIHRF *&s*• v^L^^SPIIMPIMIIHI^^SSBNiiMIi^Hi j g- '^->>:'- j&fo :iF MmllLißl Jt£ t JlL* J* <"<- -er* t tx^- WKAtm mm i PHHj ■PS M^RyuWVVVVv, Wh Vi |fc£ \lt 'B v, m SNpP* i^Vaj^^Hs HI V >B K> y ffjßMfflrriimiMiiiii E I J^HHB T V103 words
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ASIA-PACIFIC/WORLD
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Article, Illustration536 2006-10-12 21 Company's advisers signal offer needs to be even higher NYT AP [NEW YORK] Two private equity firms Apollo Management Group and Texas Pacific Group have sweetened their bid for Harrah's Entertainment, the world's largest casino operator, to more than US$l5.5 billion, peopleNYT; AP; AFP - 536 words
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Article, Illustration685 2006-10-12 21 ANTHONY ROWLEY - Brat to brat —or man to man? ASIA INSIGHT George W Bush and Kim Jong-il need urgent face-to-face talk ANTHONY ROWLEY Tokyo Correspondent A "SPOILT and dangerous brat" at the head of a nuclear power? The very idea sounds horrible, but which nation are we talking about? North Korea's "Dear685 words
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475 2006-10-12 21 Reuters AP AFP [TOKYO] Japan announced new sanctions against North Korea yesterday over its reported underground nuclear blast even as the reclusive communist state held out the threat of more tests. The North's KCNA news agency said pressure from Washington to rein inReuters; AP; AFP - 475 words
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WORLD WATCH
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58 2006-10-12 21 Reuters [WASHINGTON] The US budget deficit in fiscal 2006 narrowed to US$24B billion from US$3l9 billion in 2005, as revenues were the highest on record and in spite of record spending, the Treasury Department said yesterday. It was the smallest budget deficit sinceReuters - 58 words
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51 2006-10-12 21 Reuters [NEW YORK] Warren BufTett, chairman of insurance and investment company Berkshire Hathaway Inc, has spoken out for morality in business in a strongly-worded memo to his top managers. He came down hard on "accounting gimmicks" such as stock options backdating in theReuters - 51 words
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76 2006-10-12 21 Reuters [HELSINKI] Profits and sales at Nokia, the world's top cellular phone maker, should get a boost from robust demand in Asia's emerging markets in the third quarter, but analysts say global sales may slow next year. Excluding one-off items, Nokia's earnings per shareReuters - 76 words
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Page 21 Advertisements
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Advertisement69 2006-10-12 21 Diners Club Card r oa^/tt «./r64i6 0980 A World of Exclusive Privileges Treats Diners Club ■BJ&OH3 J- Mm International' iSfc v iHftii ■fcAHr MP 1 .^Hlw Omk Thai Express till' CltyLink Mall #81-19, Tel: 6884 4168 Esplanade MaH #01-13 D, Tel: 8533 6766 mmmmmm HWI-VJ-MJJM Kovan Heartland Mall #01-133/135, Tel:69 words
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Advertisement21 2006-10-12 21 (NUMBER GWQC9 HWHWIWNW tpWP MEAT PWJBS W 18IH UR 9 SMW WW Place: Orchard Parade restaurant Date: Slat Oct 2006 V21 words
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Advertisement135 2006-10-12 21 Back by Poular Demand, Black Angus Singapore proudly presents our USD A Top Sirloin Combo promotion (or the month of October, Exclusively at One Fullerton Restaurant only. 10% off Regular price Promotion Period: 9th Oct 2006-15 th Oct 2006 USD A Top Sirloin *ti4 Diked S«lmo«i Combo 16th Oct 2006135 words
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Advertisement99 2006-10-12 21 jii* u ■> |M< I |H C3 ?■"''•'5 A T« «sr, 5 4 N A N -> AND RECEIVE A FAST FURIOUS: TOKYO DRIFT DVD POSTER! VL Vt. < n-> i sfh magazines FLAVOURS FROM THE PtARL OF THE ORIENT Enjoy the best of Penang's celebrated hawker fare and Peranakan99 words
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Advertisement34 2006-10-12 21 Farrtasiic value You can enjoy salads, soups, Ice cream, local desserts like Ice kacang and tau suan plus fresh fruit for only $3*! With every order of a local or western delight from $6.90*34 words
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MARTECH 2006
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Article585 2006-10-12 22 GEORGE JOSEPH - Experts will share creative ideas and show their latest technologies to exploit growth in the maritime sector, writes GEORGE JOSEPH GEORGE JOSEPH THE Singapore Maritime Academy (SMA) and the Maritime and Port Authority of Singapore are jointly organising the 7th MARTECH conference and exhibition, with the theme585 words
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Article, Illustration241 2006-10-12 22 INDUSTRIAL requirements for training can change rapidly due to market adjustments. That's why today's training institutions need to be vigilant and flexible enough to put together new courses as the demand arises, says Singapore Maritime Academy director Roland Tan. "In the LNG transportation241 words
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Article, Illustration1308 2006-10-12 23 Tertiary and research institutions collaborate with the MPA and the maritime industry to engage in joint R&D projects THERE is a vibrant maritime R&D and technology scene in Singapore, where tertiary and research institutions have joined hands with the MPA and maritime industry to engage1,308 words
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Article, Illustration860 2006-10-12 24 KALYAN CHATTERJEA - Other ship officers can be retrained quickly to stem staff shortage, says KALYAN CHATTERJEA KALYAN CHATTERJEA THE current phase of unprecedented rapid growth in LNG (liquefied natural gas) transportation at sea was not really anticipated. The resulting acute manpower shortage in this niche860 words
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Article, Illustration382 2006-10-12 24 ROD SHORT - By ROD SHORT THE annual contribution of the world shipping industry to the global economy is of the order of US$B trillion, according to The Economist magazine. But, as The Economist added, it is "largely unrecognised". Ships at work are over the horizon and the382 words
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793 2006-10-12 25 DAVID HUGHES - The chances are, the standard set in the next few years is likely to be substantially the same as that a decade ago, says DAVID HUGHES DAVID HUGHES TODAY, principals and lecturers from maritime education and training (MET) establishments are meeting in Singapore for the793 words
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Page 22 Advertisements
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Advertisement186 2006-10-12 22 Australia Aberdeen China Dubai Hong Kong India iM• I SOLUTIONS ZD a Technological Expertise. o days BB (65) 96-SAFETY (*****9) I w f= —r —rippp Techno Fibre |S) Pte Ltd Sum total In one name KEPPEL o lecnnor IISiVJC» Tel: (065) 6266 1412 Leader in the design and building of186 words
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Advertisement322 2006-10-12 23 World Market Leader in Heat and Steam Generating Solutions and Boiler Service NlS^ Picture: MISSION™ OL -12-55 t/h. www.aalborg-industries.com Aalborg Industries' high capacity oil-fired steam boiler with KBSD steam atomizing burner Aalborg Industries Pte. Ltd. 14, Tuas Avenue 18A Jurong Point P.0.80x 259 Tel.: +65 6261 9898 Singapore *****9 Fax:+6s322 words
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Advertisement31 2006-10-12 23 v.%: ji- %>■■* i :a* y '\Jf <- /,v 7 j*& y*"', r uV r* j: i J. h I f£L *f ■Pr -jfr**:. «n» «h|| 9L p V 1 ii ,-V a -->31 words
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Advertisement98 2006-10-12 24 Marine Engineers, Deck Officers... Are you pursuing a career opportunity as Ship Superintendent? Ask DNV.. .Add a feather on your cap... |HMf P to ■raf JK--A4- ■few HB B I^^^HIn^HHHMH^nFL 3® A p.' m Br^ lT «s Ship Managers increasingly depend on Ship Superintendents' competency and managerial ability for safe98 words
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Advertisement130 2006-10-12 24 I Proud to be part of 0 Aalborg Industries Pte Ltd PSA Corporation ltd ABB Industry Pte Ltd SembCorp Marine Ltd Alfa Laval Singapore Pte Ltd Softship Data Processing Pte Ltd Caterpillar Marine Asia Pacific Pte Ltd Singapore Logistics Association 9 Cummins Sales And Service SMIT Singapore Pte Ltd Singapore130 words
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Page 25 Advertisements
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Advertisement455 2006-10-12 25 congratulations Slnfipora Maritime Acadomy Students 4th Maritime Experiential Learning Camp 15-18 October 2006 Aixlul Kahar Naufal Lim Joo Ting Nurulain Binte Supati Bin Ahmad Akhia Li m g uan j erem y Ong Kah Yong Anandhan S/O Rajagopal Um yj Wen Yvonne Ong Pei Yi Ananthi D/OTamilaga Un Kajren Ong455 words
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AVIATION
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Article, Illustration692 2006-10-12 26 VEN SREENIVASAN - But it doesn't expect customers of Airbus's A380 to defect By VEN SREENIVASAN [SINGAPORE] Boeing, which has been watching the storm swirling around European rival Airbus's inability to keep to its delivery promises for its A3BO, is quietly confident that it will692 words
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322 2006-10-12 26 Reuters [NEW YORK] Delta Air Lines Inc on Tuesday said it planned to begin introducing lie-flat seats in business class in 2008 as the bankrupt carrier works to lure high-end international travellers. "We think (the new seats along withReuters - 322 words
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245 2006-10-12 26 [KUALA LUMPUR] Malaysia Airports Holdings Bhd (MAHB), the country's biggest airport manager, has submitted a bid to build, operate and manage a new US$2BO million terminal at the Queen Alia International Airport in the Jordanian capital Amman, a report in Malaysia's Business245 words
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461 2006-10-12 26 Rescue plan will affect France and Germany: official AFP [FRANKFURT] The European aircraft company Airbus yesterday denied a newspaper report that.it wanted to sell five German factories employing 6,600 people. "That's pure speculation," a spokesman for Airbus Germany said, adding thatAFP - 461 words
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204 2006-10-12 26 AFP [BANGKOK] Thailand's largest private airline Bangkok Airways said yesterday that it will raise a 10.5 billion baht (*****.9 million) fund to invest in airline-related projects. The Thailand Securities and Exchange Commission has already approved the Samui Property Fund, a quasi equity, andAFP - 204 words
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Article2256 2006-10-12 26 CITY FUGHT ETA FUCMT FTD K3S9 0805 SQ408 1855 9W18 1650 9W17 2300 A*Ph»bi 5045? 1215 SQ4?6 1340 9g?% 5**? Adoiaid* LH9771 1750 AF8088 2215 Danpaiar iaii SQ1J1 145 5Q142 0935 SQ230 1750 BA7382 2215 SQ143 1535 SQ146 1640 AF8087 1850 QF82 2215 GAMO 1640 GA8412,256 words
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Page 26 Miscellaneous
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Miscellaneous200 2006-10-12 26 CRYPTIC CROSSWORD 28 board again (9) YESTERDAY'S SOLUTION 8 Sortof humour with undertone Across: 1 Trench, 4 Suppress, 8 DOWN "be led astray (6,8) Murmur, 9 Overture, 10 Subtract, 1 Sardonically we slammed 14 Yellow peril as a military threat 11 Combat, 12 Smidgeon, 13 Dechurch leader (8,6) 1C k200 words
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SHIPPING
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PORT SHOTS
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59 2006-10-12 27 Bloomberg [ATHENS] Goldenport Holdings Inc, the first Greek shipowner to list shares on the LSE, said its fleet is 98 per cent booked this year under charter contracts. Goldenport's 10 container vessels are all booked, while 97 per cent of the available daysBloomberg - 59 words
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76 2006-10-12 27 Reuters [TOKYO] Japan's Nippon Yusen KK (NYK) has agreed to pay Nippon Oil Corp less for key ship fuel when it settles its September bill than it did a month earlier, a Nippon Yusen spokesman said yesterday. The two firms haveReuters - 76 words
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Article45 2006-10-12 27 Reuters [BRUSSELS] Belgian shipping group Exmar said yesterday it had reached an agreement on the long-term charter of its Excalibur vessel to Excelerate Energy. It said the LNG carrier had already been time-chartered to Excelerate Energy until Q1 2007. ReutersReuters - 45 words
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Article, Illustration569 2006-10-12 27 Country needs to take advantage of shipbuilding boom, says official Bloomberg [NEW DELHI] India said it will soon call for bids from private local and overseas companies to build two shipyards in the country. The government wants to set up one dockyardBloomberg; BLOOMBERG - 569 words
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Article, Illustration79 2006-10-12 27 [SINGAPORE] More than 130 golfers took part in the recent2oo6 BTL Golf Masters Singapore's longest-running shipping industry golf tournament —including (from left) SC Chan (OOCL), Joachim von der Heydt (BTL), Cheng WaiKeung (NOL) and Mario Da-Bove (CSAV). Capt Chan canie in third, behind champion Ronnie See (NYKSingapore) and79 words
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753 2006-10-12 27 DAVID HUGHES - STRAIT TALK By DAVID HUGHES THE past couple of weeks have been busy ones for the shipping community, with first the Maritime Week and now Martech. So it is possible last week's meeting of the International Salvage Union (ISU), meeting in Singapore may753 words
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488 2006-10-12 27 Move follows Maersk's plan to call at fewer ports Bloomberg [WELLINGTON] Port of Tauranga Ltd may merge with Ports of Auckland Ltd, New Zealand's largest port, to create a company handling 50 per cent of the nation's trade. Port of Tauranga sharesBloomberg - 488 words
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Article282 2006-10-12 27 sex SHHHI Oct 11 SS W- Vol CHOfWwre jOJi 239 ChuanHup .021 -0.01 3849 Coco Corporation 1.77 -0.01 4381 CWT Distribution .0.58 -0.01 93 Ezr»Hkte _JJ6 0.08 3590 0.07 -0.01 3459 Grand Banks Yacht 0.87 0.02 3 Java Holdings 1.45 unch 383 K1 Venture .0.41 0.01 9468 KeppelCorp.282 words
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Page 27 Advertisements
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Advertisement17 2006-10-12 27 Visit us MARTECH 2006; Booth No 35 between 12-13 October 2006. More exhibition details available on www.softship.com17 words
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EDITORIAL & OPINION
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540 2006-10-12 28 EDITORIAL WALL Street's Dow Jones Industrials Average on Tuesday closed at an all-time high, seemingly impervious to the external shock of North Korea's nuclear test as well as the internal shock of an imploding housing market. The outlook for equities, it appears, has never been540 words
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Article, Illustration840 2006-10-12 28 ROBERT SAMUELSON - THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group AMERICA is at the endgame for housing. Until recently, the national motto has been "in real estate we trust". Just last week, the Census Bureau reported that median home prices after inflationThe Washington Post Writers Group - 840 words
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Article, Illustration1182 2006-10-12 28 IAN MORLEY - When considering such investments it is important to distinguish between well structured commodity investments and the get rich quick ones offered by the alchemists By IAN MORLEY Reuters Alchemy can be described as the art, science or perhaps more appropriately perfidious trickery thatReuters; BLOOMBERG - 1,182 words
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Article, Illustration946 2006-10-12 29 ANDY MUKHERJEE - A sudden collapse of the North Korean political system would be an even bigger risk for investors in S Korea ANDY MUKHERJEE Bloomberg BY CLAIMING to have tested a nuclear device, the rogue regime of Kim Jong 11, North Korea's "Dear Leader", hasBloomberg; REUTERS - 946 words
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834 2006-10-12 29 SELIG S HARRISON - By SELIG S HARRISON The Washington Post m M OU have learned to live with other nuclear powers," said Vice-Foreign Minister Kim Gye Gwan, North Korea's chief nuclear negotiator, leaning forward over the dinner table in Pyongyang. "So why not us? We really wantThe Washington Post - 834 words
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160 2006-10-12 29 Liew Heng San - LETTER TO THE EDITOR Liew Heng San CEO, CPF Board I REFER to "Three storm clouds over retirement savings" (BT, Oct 10). BT misreported my speech when it claimed that Singapore faced issues "similar to those of other countries grappling with underfunded pensions".160 words
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Advertisement14 2006-10-12 29 A tribute to business excellence on Oct 17 Brought to you by SPRING Singapore14 words
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Advertisement153 2006-10-12 29 HAVE YOUR SAY Fax your letters to 6319-8277 or email them to btletter©sph. conug or write to: The Business Times, SPH HQ, 1000 ToaPayoh North, Podium Level 3, Singapore *****4. We nee<J your full name, address and telephone number for verification. Please use temperate language, and bear in mind libel153 words
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Article10022 2006-10-12 30 SGX MAINBOARD 52-Wk M Lot Vol Day Last Quote Otv GrYM Het MCa Mgfc Law Cod* Company Sal* HMO) High low Buyer Safcr Cw fit $3 3.5 1 5716 1st Software 2.5 2 3 10.1 113 6 3148 STetecom 7 6.5 7 4.9 2.7 7.4 33.5 345 2210,022 words
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Advertisement50 2006-10-12 30 Tli.-H.j4_H- fMjuri iitlil OAO/ .a mm Ijfc #K Imi ra m. nn# niin dr»lr*> iraoe rrorn zo% deposit (p x wvtragt; on most mocks Go long or short Coiiipstitivo financing rstM In all martcets 4: Access to Asian, US, Euro stocks Select Exdisnge Traded Funds and Indices Competitive Commission charges50 words
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Article5897 2006-10-12 31 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In local can In SS In UU dy %yt dy yr dy %yr OCT 10 jnd*j_0^inj#_ai«ij«_Qljngj_Qj«njj«_Qwrag«_Ch»n2« Mild IOea OtiirKKIJ 10*7.3 04 8.0 00 54 Ot 103 t [VI Pretimmary ***** 06 16 0.0 12 ai 133 Eurtfe PrcAminv) 1427? 0.7 10-8 0.1 13.15,897 words
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Page 32 Advertisements
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Advertisement1534 2006-10-12 32 UK CONTINENT SERVICE U.S.A SERVICE Destination Destination DD LEADER RDM/ATW/BMN/TLB/NAN STXPOTBN CAM/NFK/NOL/SAV loodi Singapore, E./W. Maloytia, tndonssio tood, E./W. Malayio, Indo^io MIDDLE-EAST SERVICE REJS.E.A. SERVICE Destination BEL ANNA DBI/ABU/DOH/BRN/DMM/KWT Destination JUPITER CHARM DBI/ABU/DOH/BRN/DMM/KWT STXPOTBN INC/BSN Loads Singapore, E./W. Malaysia, Indonesia Loads E. Malaysia, Indonesia OTHER SERVICES Tramping for aulk, breakbulk,1,534 words
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Advertisement499 2006-10-12 32 hXW WALLENIUS WILHELMSEN LOGISTICS website: http://www.2wglobal.com VKSB. VOT IW HDGHT SIM IK MAO ~~SAV Ml ORE TAMESIS AF43I 3201 MS 4.4 M 17/11 10/11 29/11 03/12 07/12 05/12 nnou AL4I9 400lw M 14/11 19/12 2S/12 29/12 27/12 [TEXAS AK3S 4201 MS MM 09/12 01/01 10/01 14/01 19/01 17/01 N«w Y«k499 words
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Advertisement1445 2006-10-12 33 WAN HAI INTERNATIONAL PTE LTD at NO: **********0/ I Vrrr\ a,.... TH:6226ISM (14LMS) FAX:*****163 \M lAf A N UA I I InF\ C to r Seme/BookingsDfr*tUm-(1800)*****200 V ff Mil lIMI LIIILJ KL HL |03) 334M8U MX: (03) *****250 FBI HL (04) *****00 NUL (04)*****99 V J0H1ILI07) 251(923 MX: I07)251t9?l SUR1,445 words
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Advertisement1157 2006-10-12 33 iVESStI VOY PKL SIN I KARACHI I PXS IRAQ WHS PMM UK ICHOR IRAN KORDCSTAN PCI 8161 14/10 IS/10 34/10 27/10 28/10 03/11 05/11 07/11 IRAN TABATABAEI PCI 8164 19/10 20/10 29/10 01/11 02/10 08/11 10/11 12/11 IRAN SATTARI PCI 8166 30/10 31/10 09/11 12/11 113/11 I 19/11 21/11 23/111,157 words
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Advertisement641 2006-10-12 33 m siGxrA WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AMD WESTERN ICD POINTS VESSEL VOT SIN PJOAN6 COLOMBO N. SHEVA (OIOWtO KOTA ftITAM* TfMMS 10 OCT 11 00 14 00 17 OCT 2JJO HOWIAH IBDGt OOStW 1700 1800 21 OCT 24OCT MOO KonrowHu mm 2400 250 a 2100641 words
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THE BUSINESS TIMES SHIPPING TIMES
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5690 2006-10-12 34 This ETA ETA Advartkar VmhI Voyagt Telephone ETA ETA AdvartlMr Vasal Voyage Telephone SIN Mwvtfoar Wowtoac SIM Dast*n Mafna Mama Mwvibar Mufiifoar 26/10 15/11 China Shpg NEW DYNAMIC 124A £*****96 To ABIDJAN (ABi) 2003 Cote D'lvoir* aono 23/11 China Styg ARABIAN EXPRESS 6042W *****8985,690 words
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Page 35 Advertisements
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Advertisement3674 2006-10-12 35 :»at^ NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg I BUY IT -SELL (T FIND IT B ADVANCE SCT LIMITED Registration No. *****4283 C (Incorporated in Singapore) NOTICE IS HEREBY GIVEN that the Second Annual General Meeting of Advance SCT Limited will be held at No. 6 Tuas View Circuit, Singapore *****93,674 words
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PROPERTY
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Article, Illustration380 2006-10-12 36 UMA SHANKARI - Tribunal rules in favour of the majority of unit-owners By UMA SHANKARI THE collective sale of Eng Lok Mansion will go ahead, the Strata Titles Board ruled yesterday. The freehold development, on a prime site next to Gleneagles Hospital in Napier380 words
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Article, Illustration276 2006-10-12 36 UP to 20 new property launches are expected in the next couple of months, and Savills Singapore says they will be mid-size and high-end developments. Savills director of marketing and business development Ku Swee Yong says the take-up rate has been "relatively strong for all276 words
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183 2006-10-12 36 HO Bee Group yesterday snapped up a freehold factory building at Genting Lane near the junction with MacPherson Road for $9.7 million. The auction, conducted by Colliers International, also saw three other properties knocked down an office unit at High Street183 words
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Article, Illustration710 2006-10-12 37 ARTHUR SIM - Buyers will have to prove ability to pay before completing sale: sources By ARTHUR SIM THE Housing and Development Board's (HDB) pilot residential development with Sim Lian Group called The Premiere, Tampines is almost five times oversubscribed. The huge success of the first Design,710 words
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1766 2006-10-12 37 PROJECT NAME/ PROP CONTRACT TENURE 8UILHNAREA PRICE PSF STREET NAME TYPE DATE (SQ FT) (SS'OOO) (S$) District 1 NON-LANDED Ebony Mans Apt 26/09/2006 FH 1292 585 453 The Sail At Marina Bay Apt 29/09/2006 99 861 965 1121 Th&1,766 words
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Advertisement133 2006-10-12 36 IflK Prime Freehold Residential site just 8 minutes from the Sentosa Integrated Resort Site Area: 65,000 sqft Plot Ratio: 1.4 An opportunity to land bank a very scarce freehold residential near the up and coming Sentosa IR. CUSHMAN& <$9 WAKEFIELD. Bank's Auction 25/10/2006 Building Joo Chiat Place 1 1 ru133 words
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Advertisement235 2006-10-12 36 I ELEGANT BALINESE HOUSE I BELMONT ROAD I 2-Storey Good Class Bungalow I Perched on hillside. Greenery views I Pristine condition I Land area 22,000 sq.ft. (approx.). I Floor area -12,000 sq.ft. (approx.) I Tenure Freehold PRICE ON APPLICATION modern bungalow 1 CORNWALL GARDENS 2-Storey Good Class Bungalow J Brand235 words
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Advertisement23 2006-10-12 36 HOT IPO Attract more interest from investors. Place your IPO notice in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. WATS NOTICES23 words
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Advertisement242 2006-10-12 36 For Lease UE Print Media Hub, at Paya Lebar Road BRAND NEW, TOP Irt1 rt Quarter 2007 5-storey building with basement carpark Units from 1,300 sqft 17,000 sqft Food Court in Building Next to Circle Line MRT Station Attractive Rentals Sole Marketing Agent Elf Seah 9693 4126 6415 7330 Cayce242 words
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Advertisement174 2006-10-12 37 FREEHOLD CONSERVATION SHOPHOUSES FOR SALE BY EXPRESSION OF INTEREST ■It ,i 2 storey shophouses at 337-343 Balestier Rood I Freehold Newly refurbished Total GFA 13,500 sq ft HB|j Excellent comer location Possible conversion to i —hotel use Ideal for owner o CHU prise* occupation or investment s m ■IPPBIPPIIPPPII 111174 words
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BizIT FOCUS: LIFE AT THE TOP
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Article, Illustration1534 2006-10-12 38 SUZANNE OOI - Business Objects GM Keith Budge talks to SUZANNE OOI about his competitive streak in sports and business SUZANNE OOI KEITH Budge's passionate pursuits have taken him from the cockpit of the singleengine Tobago TB9 to the mountain biking trails of Bukit Timah. They are also a studyARTHUR LEE - 1,534 words
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Article381 2006-10-12 38 Suzanne: How has IT changed your life in the past five years, both at work and outside work? Keith: IT is what I do. It is transformation and most of us don't even realise the extent to which IT has transformed our lives in the past couple381 words
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Advertisement48 2006-10-12 38 cP THE POSSIBILITIES ARE INFINITE Fujitsu recommends Windows' 0 XP Professional. TIn Professionai Cho ice. LifeBook S7111 is powered by Intel® Centrino® Duo Mobile Technology. MlllliijBridi Dual-core. LIFEBOOK STYLISTIC DESKPOWER ESPRIMO Do morG. Fujitsu PC Asia Pacific Pte Ltd Sales Hotline: 1800-ASIAPAC (1800-274 2722) rc S .--r,,,. < r48 words
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Advertisement63 2006-10-12 38 I I I Fujitsu PC Asia Pacific 1 I pledges "Built-in 1 B Confidence" for every I product under its brand I I name to reassure users jH I of product and servioe jfl I excellence. From high B performance components I to stringent quality control 8 I I and63 words
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BizIT
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Article, Illustration1038 2006-10-12 39 AMIT ROY CHOUDHURY - Limited budgets and resources are causes, notes AMIT ROY CHOUDHURY AMIT ROY CHOUDHURY Computer viruses transmitted through e-mail are the primary source of security attacks faced by organisations in Singapore and the number of such attacks went up significantly this year, according to1,038 words
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Article, Illustration727 2006-10-12 39 WINSTON CHAI - By WINSTON CHAI IMAGINE hand phones that run for weeks without recharging or robot-assisted surgeries that won't leave ugly scars on your bodies. Working on breakthroughs like these have landed some of Singapore's brightest minds the nation's top honours in scientific and technology research.727 words
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289 2006-10-12 39 ROLAND LIM - By ROLAND LIM IDENTITY theft has come out as the top security concern among Singaporeans in a survey on security concerns commissioned by IT service provider Unisys. About 81 per cent of the respondents in the survey were "very" or "extremely concerned" about289 words
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491 2006-10-12 39 NYT [NEW YORKJ As Google whips out its fat wallet to buy the video site You Tube, it is making Yahoo look even more out of step with the fast-changing Internet advertising market. Yahoo itself tried to buy You Tube aNYT - 491 words
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Advertisement36 2006-10-12 39 ProCurve Networking HP Innovation I The Adaptive Network "^yy Designed to flex in completely new ways Adaptive Edge Architecture™ for secure, mobile and converged networks i m[ -~*W Tfim Discover the advantages, visit www.procurve.com.sg m>HM invent36 words
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BIZIT-IN'SPIRE ROUNDTABLE
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Article, Illustration2492 2006-10-12 40 TRANSFORMING ORGANISATIONS OVERVIEW COMPANIES are continually looking at various aspects of their business that can be outsourced, so as to focus their resources on their core business. One area which many firms have outsourced, or are looking at outsourcing, is their IT infrastructure. While IT outsourcing2,492 words
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Advertisement22 2006-10-12 40 Brought to you by iN'spfreteam I on* shining r»d dot Team members HP, ST Electronics, Cisco Systems. Microsoft Consuming services provider Accenture22 words
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THE BUSINESS TIMES Property 2006
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Article, Illustration434 2006-10-12 41 Uma Shankari - By Uma Shankari PRICES in the property market are rising with a seemingly unstoppable momentum. And the trend appears to be holding true for all sectors residential, office, retail and hotel. The office and hotel markets, in particular, seem set to do well. Given the tight supply434 words
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Article, Illustration527 2006-10-12 42/43 MAP NO BUILDING NAME NET LETTABLE AREA (SQ FT) 1 OCBC Centre 482,000 2 OCBC Centre South 92,000 3 OCBC East 182,000 4 One Philip Street 38,000 5 Commerce Point 86,000 6 Tan Ean (Gam Building 13,000 7 Grand Building 22,000 8 UOB Plaza 1 670,000 9527 words
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Article, Illustration1235 2006-10-12 45 as Nicholas mak; Michelle tee explain - The recent surge in the luxury residential market has been fuelled by both local and foreign buyers, as NICHOLAS MAK and MICHELL TEE explain as Nicholas mak and Michelle tee explain SINGAPORE'S high-end private residential real estate market has been in the limelight for the past year1,235 words
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Article, Illustration911 2006-10-12 48 STEVEN MING, YENNY BERLIANNA - Growing wealth and a strong economic outlook form a favourable backdrop for the Good Class Bungalow segment to extend its recent gains. By STEVEN MING and YENNY BERLIANNA By STEVEN MING, YENNY BERLIANNA WITH the rapid growth of wealth in India and China, SingaporeSource: URA, SISV, Saviĺs Reserch and Consutancy - 911 words
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Article, Illustration1003 2006-10-12 49 HAN HUAN MEI - In the residential market, sales of 99-year leasehold property have slumped while other sectors experience a surge in demand. HAN HUAN MEI looks at the dynamics of the mass market HAN HUAN MEI IN the first six months of this year, the private residentialSource: URA, CEFE Reserch; Saurce: URA, HOB - 1,003 words
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Article, Illustration608 2006-10-12 50 JEREMY LAKE - Luxury condo prices are rising as developers snap up prime sites in a bullish collective sale market, notes JEREMY LAKE JEREMY LAKE THE collective sale market started its third and most intensive wave of activity in 2004 and its pace has accelerated since then. (See chart)608 words
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Article, Illustration468 2006-10-12 51/52 HOUSEHUNT 2006 CURRENT MAJOR PROJECTS O taMtozi sw i ■iniiimriii fcum mm MI SCMn«fa|vNh( 9»W 4 fappriLand hftriBayOme hkM m 5 —fllW 1» {fteSMfar m S banted Gn? NaiCottfcad 16 vm*** s mrutri MeaSpfep m 8 Ma Lad IO O ttKMMkt m rill Hill468 words
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Article, Illustration1564 2006-10-12 53 As home loan interest rates rise, analysing the fine print can save you years of financial grief IN the last 12 months, one bank raised its home loan rate five times. Another increased its rate twice within two weeks. Should borrowers be running scared? The prognosis is mixed.1,564 words
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Article, Illustration1216 2006-10-12 54 LIM SONG HAI, DESMOND SIM - LIM SONG HAI and DESMOND SIM trace the evolution of Singapore's investment property market LIM SONG HAI, DESMOND SIM ECHOING Singapore's economic sentiments and growth, the investment market has been reporting bullish results since the last trough in 2002. Tracked by Jones Lang LaSalle, the investment sales marketSaurce: Jones Lang; FILE PHOTO - 1,216 words
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Article766 2006-10-12 55 ALASTAIR GILLESPIE - Singapore is set to be the industrial Reit hub of the region as funds beef up their acquisitions, says ALASTAIR GILLESPIE ALASTAIR GILLESPIE THERE are currently three industrial real estate investment trusts (Reits) listed on the Singapore Exchange but the number could more than double in766 words
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Article, Illustration868 2006-10-12 55 CHIA SIEW CHUIN - CHIA SIEW CHUIN WITH a dense concentration of office skyscrapers, plus an impressive tenant directory comprising financial institutions, securities houses, legal, accounting and other professional firms, Raffles Place has established a strong reputation as Singapore's premier office location over the years. However,868 words
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Article, Illustration970 2006-10-12 56 WEE LIAT - Investment prospects for China's inner cities are looking bright, says LEE WEE LIAT as developers pursue diversification and lower labour costs WEE LIAT THE slew of tightening measures imposed on the property market by the Chinese government has raised concerns about real estate investment prospectsSource: China National; AP - 970 words
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Article, Illustration1153 2006-10-12 57 NEIL BEHRMANN - Home prices in the British capital have climbed up relentlessly, even as interest rates rise and rental yields slip. NEIL BEHRMANN reports NEIL BEHRMANN BRITISH Premier Tony Blair has been caught out by an extraordinary London property boom. When Mr Blair moved into Downing Street in 1997 heBLOOMBERG PHOTOS - 1,153 words
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Advertisement54 2006-10-12 41 GMrdbiatonUmaShankari EdNar Brine Koh BMb •dftan:Midiefc Lowb Artists: Gan*h Chung (cover), iason Leong, lacquefc* Phua, NoorJn Ayob .V, id.; t, A'A J 1 If) i mm w f I J H Wl I R MKal HHmM I VP 15 -1 Letting. jSP x ilife' f fSut Jmm gMBk X A54 words
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Advertisement182 2006-10-12 42/43 Commercial R6SidClltiBl y* More than ever before, your success depends on the quality of your decisions. Asa global leader 3.2 million sq ft transacted in I Sole Marketing Agent fo<: H in real estate services and money management, Jones Lang LaSalle is positioned to partner with intelligence and knowledge base182 words
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Advertisement30 2006-10-12 44 Hgiil l^^ -v*»^.. -U i wift JL i P T I mi HttKMMfiUB iW 3 BLr'" 11 i "ran«.fti I If Kmkll m'l lMflki I U P 'JL- *yWPWBMiwr' <* <Mf&30 words
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Advertisement152 2006-10-12 45 r 9 i Bw|k. Ma- ■Pr? EHHi ■HSPSi W- .*>, I'. d|UPPM "*m pFV^^ BT-" Mhiu _^^^K^s!3lr^ Hpi r'J^MittivSHl^^BiflpsSS Jjl Mte&. >, js&m? fl jflh3 Efl ff 9 im I 11 Pi V ii^^s^ ;i j*"***^ i Exclusive Waterfront Living A Reality Only For The Privileged Few A spectacular lifestyle152 words
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Advertisement21 2006-10-12 46 ,'t'' T-s' "*v-A 1 feil j.',' ttfl '"j-j {EfrtW vJto v<A.< f*v r i'' v®-, f *1 s*BH§wf WJ% '■•> -fa .•>-2«K>21 words
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Advertisement88 2006-10-12 47 nPTFvTBnff wSBBP? *mma wmm y v- c^lSws>^g^if?'im^^ ''^§^B^EbC^ Glaxton Trading Re Ltd ■MBHHS (a member of Lum Chang Group) 1 Selegie Road #03-01 Paradiz Centre Singapore *****6 Telephone: 6266 2222 Facsimile: 6263 2343 Developer: Glaxton Trading Re Ltd Co. Reg no: *****1809 M Developer licence no: ***** Tenure of land:88 words
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Advertisement342 2006-10-12 48 I Find out more at HSBC's property seminar and fair •Jw&t SHI For those of you who like to keep ahead of property trends, HSBC i TorvgMar i tjlß| invites you to a property seminar and fair. Be informed on the market i piease make your payment by credit card342 words
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Advertisement234 2006-10-12 50 ili HeertindM •65 units uniquely positioned for water or RaflteS fttninnnnii nn.iriniT Cj M 1 m Sm garden views r m MthodWQw —wmm Quality fittings and finishes. JL I Resort-style recreational facilities include gym, ll fl I J/ unction room BBQ pits, playground, recreational Singapore Island Btehan Yangzheng Pn Sch234 words
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Advertisement110 2006-10-12 51/52 "40 f Traditional Knight J 'I iif* i Modern Frank "I ******N'|||j nJJ innovation and Tradition Found in One Place njj g h±h-! |M| We have adopted the latest innovations and modern philosophy, yet our approach Hi vS s st on traditional values. m jfr 1 gill- 1/1/6 Listen Understand110 words
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Advertisement304 2006-10-12 53 1 f •<? ?N i .riaW I I v* <J J for the best deal. ■'■.>"•'■ u A pP '"r; k i "f? -flw mm fl 1 i ■."tf#, v IcJlllllii 1 "flUI? .v t? i »fe~ \Li,* *4't y >%\, J ffrMl?"■ t r |f|j h^»w| .-£> os o,304 words
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Advertisement133 2006-10-12 54 Hi B m B mmm M jm HsH* i*.~.+ M '9m I 16 EXCLUSIVE UNITS AT 7C BALMORAL PARK IS^I w BUKIT timah ROAD Privacy needs no introduction with this specially created courtyard in the city. It is quietly tucked away 'It' I Iv QIRCUS Q < in a much133 words
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Advertisement343 2006-10-12 55 I 11 I V I i jcy?r* S jL M_m~ W MjMm .m^m^wAl^tl\;/tm-.^iP s s tlli» Condominium I IMMEDIATE CASH FLOW please Join those that are •'■'■^m^Wrmmwmm^mm^^^« K rT. >«wfsv l| I currently being paid an ADDITIONAL 20% to over 40%* p.a. Capital T\TCDTD r i «BBM I Gain, from343 words
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Advertisement226 2006-10-12 56 The first release of apartments in the current phase are now available in Singapore, so take this exclusive opportunity to own pH^/; an outstanding riverside apartment within this exceptional landmark building, overlooking the River Thames. Singapore Exhibition Date: 27-29 October 2006 (Fri-Sun) ifffrtZ Spectacular river views Directly opposite the entrance226 words
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Advertisement331 2006-10-12 57 Advertisement Australian property investors Avoid investment mistakes Si—i InrMton hujfcagio Awh ih Melbourne have Club facilities, are are lookng for guaranteed returns, on a Golf course, and a lake, and yet However, many fall into the trap are just minutes from downtown of buying into small studio Melbourne CBD. They331 words
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Advertisement100 2006-10-12 58 .iUPp^ 111 ~ir- "H ill- jj| *1 f i 3lr DON'T WAIT FOR THE LIGHTS TO CHANGE Phase 2 Launch New Showflats available tor viewing. A h ore t h c R c s t Jointly developed by: III! Member of am J1 im SINGAPORE LAND LIMITED UOL Group Limited100 words
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