The Business Times, 23 November 2006

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Total Pages: 34
1 34 The Business Times
  • 22 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asia 1 .com.sg A SINGAPORE PRESS HOLDINGS PUBUCATION MICA (P) 099/03/2006 Thursday, November 23,2006
    22 words
  • 871 1  -  Macquarie consortium will have to re-craft bid to sidestep strict laws By VEN SREENIVASAN [SINGAPORE] What could be one of the biggest takeover bids in aviation history may be scuttled by strict Australian laws governing airline ownership. The Australian govern-
    AFP  -  871 words
  • 802 1  -  Move expected to speed up listing and could be a boon to Reits By UMA SHANKARI [SINGAPORE] The Monetary Authority of Singapore has assembled a task force to look at making listing prospectus shorter and clearer a move that will considerably speed up
    802 words
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  • TOP STORIES
    • 682 2 Bigger 2.7 months' bonus for civil servants CIVIL servants will be paid a fatter bonus of more than 2.7 months' salary this year, matching the bigger payouts in the private sector thanks to a strong economy and greater job mobility. Along with half a month's pay and a
      682 words
    • 829 2  -  Group pushing idea wants to raise corporate governance bar By MICHELLE QUAH ISINGAPOREI Concerned that companies and individuals here may not be taking the responsibilities of independent directors seriously, a group of independent directors is considering setting up a new association that may
      829 words
    • 530 2  -  ROGUE TRADER SCANDAL Mitsui trader keeps job for now despite US$81m loss By RONNIE LIM [SINGAPORE] Liquidity in Singapore's naphtha swaps market, or paper trade in the petrochemicals feedstock, is set to plunge amid the fallout from the latest US$Bl million rogue trader
      530 words
    • 547 4  -  Payout matches bonuses in private sector, thanks to strong economy By CHUANG PECK MING [SINGAPORE] Civil servants will be paid a fatter bonus of more than 2.7 months' salary this year, matching the bigger payouts in the private sector thanks to a strong
      547 words
    • 131 4 sn 2330.02 (+27.14) ST INDEX FUTURES (+27.00) siMsa ***** (+3.83) SIMSa FUTURES 345 M (+3.90) MARKETS Wednesday Change KLCOMP 1,043.81 +7.65 NIKKEI 225 15.***** +1WL09 HANG SENG J 9.***** +242,49 SET INDEX 729.43 +4.79 JAKARTA COMP 1.705.44 +24.10 MANILA COMf 2.855.23 +29.82 SEOUL COMP 1.422.54 +16.64 SHENZHENS 359.77
      131 words
    • 815 4  -  But adviser Genesis Capital says minority shareholders need not be distracted By By JANE MOIR in Hong Kong and SIOW U SEN in Hong Kong and SIOW U! in Singapore AS Pacific Century Regional Developments (PCRD) minority shareholders begin the countdown to decide the
      PHOTOS: APPLE DAILY, BLOOMBERG  -  815 words
    • 545 4  -  By RONNIE LIM [SINGAPORE] Iran's participation in a US$3OO million refinery project being built by Concord Energy on Jurong Island, BT has confirmed marks the first direct Middle Eastern investment in Singapore's oil refining industry. And more Middle Eastern investments
      545 words
  • Page 2 Advertisements
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    • 62 2 The NAFA Young Talent Ensemble is performing at Child Aid for the first time. Listen to these young musicians play Vivaldi at Child Aid when they join other talented youths to raise funds for their less privileged peers. Date and time: Bpm, Nov 29 and 30 f Venue: hj|W University
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  • Page 3 Advertisements
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  • Page 4 Advertisements
    • 225 4 BT ONLINE BT print subscribers get free access to the Business Times Online. To activate your account, log on to http: //business-times, asial .com.sg. For moreinfonnation, e-mail btocs@sph.com.sg or call 6388-3838. ■Ifil 'J |1 Mli* H I iI■III I I I I k I *1 "B B ill kI k
      225 words

  • COMPANY NEWS
    • 650 5  -  HOCK LOCK SIEW By OH BOON PING BEFORE you start on your festive spending, remember to consider semiconductor stocks for your shopping list. Not because they have done well, but the technology plays which include Utac, Global Testing and Chartered Semiconductor Manufacturing are largely laggards,
      650 words
    • 457 5  -  Some shareholders may not have got proxy forms in time, it says By ROLAND LIM MEDIARING, the largest shareholder in Pacific Internet (PacNet), yesterday sought clarification from PacNet's directors on the length of notice given to shareholders when PacNet called its Nov 9
      457 words
    • 543 6  -  IPO WATCH Biotech start-up floated in Australia after first attempt here in '02 failed By WONG WEI KONG IT may have taken four years, but home-grown biotech firm Rockeby biomed Ltd has inked a breakthrough deal in China for bird flu
      543 words
    • 378 6  -  By MATTHEW PHAN CONFECTIONER Hsu Fu Chi Interhational, one of China's top brands for biscuits and candies, is planning to raise net proceeds of some $98.5 million through a listing on the Singapore Exchange. According to the firm's prospectus,
      378 words
    • 198 6 Reuters THE pricing of Lippo Group* Singapore property trust, which was due to take place yesterday, has been postponed until Mon-" day as certain regulatory issues need to be resolved, sources' close to the deal said. Indonesian conglomerate. Lippo wants to raise
      Reuters  -  198 words
    • 3366 6 UNIT TRUSTS FUNDS ABAmer Income A USO Jf* [Jj f« AB Amer Income B USO 8.69/ DV AB Amer Income A EUR— §.76/ J* AIM Amro AM Mgt (S'pore) AB Amer Income B EUR---. 176/ W Star Europe Eqty! 1*1* AB Europ hcome Opp AT SGD 15.1/ Star Europe Bond
      3,366 words
    • 528 7  -  Talks are underway for a standalone Pierre Balmain menswear boutique By NANDE KHIN TR NETWORK'S wholly owned subsidiary Three Rifles International is looking to open the first standalone Pierre Balmain store soon ip partnership with the French fashion house. Alain Hivelin,
      528 words
    • 385 7  -  The group operates 70 stores, selling men's apparel By CONRAD TAN STARTECH Electronics has signed an agreement to buy a men's clothing retailer in China which it has been eyeing for some months. Sesdaq-listed Startech, which has a market capitalisation of $8.6 million,
      385 words
    • 256 7 SINGAPORE Technologies Engineering (ST Engg) said yesterday its US-based marine operations, VT Halter has won a contract modification worth US$l65 million from the US Navy for the sale of up to three Fast Missile Craft to the Egyptian Navy. The contract
      256 words
    • 158 7 Bloomberg THE palm oil unit of PT Indofood Sukses Makmur, Indonesia's biggest instant noodle maker, will sell a 30 per cent stake to remain listed on the Singapore Stock Exchange and use the proceeds to expand. Indofood Agri Resources, which in August agreed to
      Bloomberg  -  158 words
    • COMPANY BRIEFS
      • 50 7 kl Ventures is selling its investment in Good Technology, an enterprise mobile computing software company, to Motorola, kl, which owns about 5 per cent in Good Technology, said the sale —subject to regulatory and other customary conditions is expected to close in early 2007.
        50 words
      • 65 7 STRATECH Systems Ltd said it continues to restructure its business to cut staff and rental costs, with the benefits of these measures expected to be realised in FY2007. On Monday, Leong Sook Ching privately sold 10 million shares, or 2.45 per cent, to
        65 words
      • 50 7 ADVANCED Holdings Ltd has inked a US$3.5 million contract to supply a clean fuel process equipment to a major Chinese oil company. The deal is not expected to have material financial impact for 2006 but should have a positive impact on revenue for 2007.
        50 words
      • 59 7 MARINE supply company Sinwa Ltd said Kim Seng Holdings Pte Ltd has bought an additional five million shares. With the purchase, Kim Seng now owns 6.08 per cent of Sinwa, up from 3.47 per cent. Sinwa said Kim Seng will help the group
        59 words
      • 49 7 CREATIVE Technology CEO Sim Wong Hoo has sold two million shares for $20.6 million to the company's co-founder Chay Kwong Soon, the company said yesterday. The shares, equivalent to a 2.4 per cent stake, were sold at an average price of $10.28.
        49 words
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  • SINGAPORE MARKETS
    • 529 8  -  STOCKS Blue chips advance; technology and research-driven stocks active among second-liners R SIVANITHY Senior Correspondent STRONG showings throughout the region starting with Australia, Japan and then Hong Kong yesterday ensured a firm showing for the broad market here as well a new record
      Source: Bloomberg  -  529 words
    • 889 8 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS (Disclosures made on Nov 22 and earlier) Subsantial No of Prtco Trans Sharehol<tar/ Buy/ Shows Per Bjrforo *gg Stock Date Plroctor Sofi 0<X> Shr S (000) L5Si Innovalues Prec 22-Nov-06 Goh Leng Tse Buy 194 0.87 ***** 14.92 ***** 15.04 Interra Resources 21-Nov-06 ADRC
      889 words
    • Article, Illustration
      726 8  -  Compiled by MATTHEW PHAN FibreChem Technologies Nov 22 dose: 551.85 KtM ENG RESEARCH, Nov 22 Minimum off-take of 4.9 million metres pa: FibreChem has formally announced a contract to supply synthetic leather to XiangDa, a major distributor of microfibre synthetic leather for use in athletic footwear (we had
      Source: Bloomberg  -  726 words
    • 488 8 CURRENCIES Reuters [TOKYO] The dollar fell against major currencies in thin trade yesterday, as some dealers and speculators closed long dollar' positions ahead of holidays in Japan and the US. Japanese exporters sold the dollar on wariness about its downside risks, such as the
      Reuters; AP  -  488 words

  • COMPANIES: CHINA STOCKS
    • 320 9  -  Deals include VLCC, and Suezmax-sized and oil tanker conversions By DONALD URQUHART COSCO Corp Singapore, the ship repair and bulk carrier unit of China's largest shipping company, said yesterday it has won conversion contracts totalling US$lO6 million (Ssl6s million). The Singapore company's 51 per
      FILE PHOTO  -  320 words
    • 268 9 Move to comply with new Chinese environment rules CHINA Paper Holdings said yesterday it is building its own waste water treatment plant, so as to comply with China's new environmental regulations. "Starting July l- 2007. the national COD (Chemical Oxygen Demend) index
      268 words
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  • SINGAPORE NEWS
    • 373 11  -  It will collaborate with London Business School in research, education By MATTHEW PHAN SINGAPORE Management University and the French bank BNP Paribas are setting up Asia's first centre for hedge fund research and education, in support of the burgeoning industry in Singapore, which has seen
      373 words
    • 236 11  -  By VINCENT WEE LOCAL electronic and electrical (E&E) products exporters will need to meet new environmental'standards to remain competitive. This follows an EU directive which came into effect on July 1 restricting the use of six hazardous materials lead, mercury, cadmium, hexavalent chromium, polybrominated
      236 words
    • 475 11  -  But clinical trials by US healthcare firm are in early stage By ANNA TEO ITS early days yet, but Baxter International is off to a promising start iifHhe race to produce a bird flu vaccine which, for the US healthcare company, spells much more
      475 words
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  • SINGAPORE INTERNATIONAL
    • 576 12  -  By OH BOON PING AS TRADE grows between Singapore and the Chinese province of Zhejiang, Singapore enterprises are increasingly recognising the business potential there. One such company is CyGenics Ltd. CyGenics, a healthcare firm, which recently inked an agreement with the Blood
      FILE PHOTO  -  576 words
    • 926 12  -  Time to move in as efforts are on to expand Zhejiang's enterprises beyond their provincial borders by collaborating with foreign partners, reports OH BOON PING OH BOON PING SINGAPORE companies looking to expand overseas might want to explore business opportunities in China's Zhejiang province. Indeed,
      926 words
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  • SINGAPORE NEWS
    • 582 13  -  It is planning for a 'technologically advanced, security enhanced' resort By ARTHUR SIM ABOUT 10 per cent of Eighth Wonder's Sentosa integrated resort's $5.5 billion budget is earmarked for the technological infrastructure that will be created by Siemens, if the resort developer wins
      582 words
    • 134 13  -  By VINCENT WEE YESTERDAY'S certificate of entitlement (COE) tender closed with demand remaining strong for cars above 1,600 cc. Prices rose just over 5 per cent to $14,509. Premiums in all other categories except motorcycles and goods vehicles had closing bids little changed
      134 words
    • SINGAPORE ROUNDUP
      • 79 13 A TOTAL of $8.04 million in research grants was yesterday awarded to 16 projects under A*Star's Public Sector Funding Programme, the highest number to be funded in a grant call since the programme's inception in 2001. The projects were selected from 61 research
        79 words
      • 96 13 The Minister for Community Development, Youth and Sports, Vivian Balakrishnan, yesterday led a six-member parliamentary delegation on a two-day visit to New Delhi. The delegation was scheduled to call on Indian Finance Minister P Chidambaram, Minister of Petroleum and Natural Gas Murli Deora and
        96 words
      • 100 13 THE National University of Singapore's Business School and Lee Kuan Yew School of Public Policy will launch a dual degree programme in business and public policy next July, the first of its kind in the region. The programme aims to attract the region's outstanding
        100 words
    • 273 13 THE government will hold a public consultation exercise to find out how best to foster a stronger local identity, encourage community ownership and participation, build closer ties and develop mutual support in housing estates. Called the Forum on HDB (Housing and Development
      273 words
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  • ECONOMY WATCH
    • 621 14 Dip in GDP reflects weaker housing market and inflation increases Bloomberg [WASHINGTON] US economic growth will slow in 2007 compared with this year, reflecting a weaker housing market and inflation increases, President George W Bush's economic advisers said in their semiannual
      Bloomberg  -  621 words
    • 201 14 AP [TOKYO] Japan's trade surplus in October fell 24.8 per cent from a year earlier to 614.7 billion yen (558.15 billion), the government said yesterday. The decline was larger than the 5.4 per cent slip to 773.9 billion yen estimated by
      AP  -  201 words
    • 340 14 US$55-60 a barrel 'very satisfying' price: oil minister Reuters [KUWAIT] Kuwait's oil minister said yesterday that the Organisation of the Petroleum Exporting Countries (Opec) would cut its oil production again in December if prices deteriorate, and added that he felt US$55-60
      Reuters; REUTERS  -  340 words
    • 393 14 Bloomberg [SINGAPORE] Platinum prices slumped in Asia, declining from a record, as some investors sold the precious metal amid doubts over the prospect of an ex-change-traded fund (ETF) being introduced for the metal. Platinum, used in jewellery and car-exhaust systems, fell when the
      Bloomberg  -  393 words
    • 2161 14 VOL Ganuda 'W 0.04 2145 I Mov 22 Ml W- rtm General Corp AM uneh 48 I Canting *00 1.00 1694 I ASM Realty 135 -0.01 15 GeoraeKant 060 0.01 53 I Abnc .0-13 001 110 GHL Systems 032 uneh 3181 ACP Industries 139 -0.01 151 GtobatronksTach 031
      2,161 words
  • Page 14 Advertisements
    • 649 14 ATCi OT I F S Toll free: 1800-289-8822 Email: notices spli.com sg IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OP FRANKLIN OFFSHORE REGIONAL INVESTMENTS PTE. LTD. (INCORPORATED IN SINGAPORE) CO REG NO. *****4676Z (IN MEMBERS' VOLUNTARY WINDING UP) NOTICE OF SPECIAL RESOLUTIONS At an
      649 words

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  • MALAYSIA
    • 572 16  -  Competitive bidding still not the norm despite Abdullah's pledge By S JAYASANKARAN in Kuala Lumpur KUALA Lumpur's apparent spurning of competitive bidding practices for government-funded projects is fast becoming an issue in Malaysia. In the process, it has spotlighted the divide between Prime Minister
      572 words
    • 468 16 AFP Bernama [KUALA LUMPUR] Malaysia's largest heist has left US semiconductor giant Intel scrambling to minimise damage to clients while industry players yesterday hinted that an international syndicate may be behind the crime. Jacinta Vythilingam, Intel Malaysia media manager, said the
      AFP; Bernama  -  468 words
    • 480 16 Bloomberg [KUALA LUMPUR] Malaysian stocks rose for a second day yesterday, reaching a more-than-nine-year high. RHB Capital Bhd and Public Bank Bhd led gains by lenders on speculation that looser rules governing mergers and acquisitions would spur consolidation. The Kuala Lumpur Composite
      Bloomberg; AFP  -  480 words
    • BRIERY ASIA
      • 117 16 Reuters [KUALA LUMPUR] Malaysia's biggest cellphone operator, Maxis Communications Bhd, reported a 28 per cent jump in third-quarter profit yesterday, boosted by its Indian operations. Maxis said it would remain focused on maintaining its position at home while continuing to expand in India, where
        Reuters  -  117 words
      • 96 16 Reuters [JAKARTA] The Jakarta Composite Index breached the 1,700 level for the first time yesterday, fanned by optimism over the outlook for South-east Asia's biggest economy. Indonesia's stock index, the third-best performer in Asia so far this year after Vietnam and China,
        Reuters  -  96 words
      • 76 16 AFP [KUALA LUMPUR] Malaysia yesterday inked a deal to buy eight Alenia Aermacchi MB 339 CM jet trainer aircraft for US$ll4 million, a deal which should also provide new landing rights for national carrier Malaysia Airlines in Italy. Malaysia's Defence Ministry said the
        AFP  -  76 words
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  • MIDDLE EAST
    • 541 17 Scheduling issues may affect deadline, says official Reuters Bloomberg [RIYADH] All Gulf Arab countries are still working towards monetary union in 2010, Gulf Cooperation Council (GCC) officials said on Tuesday after a meeting of foreign ministers. On Nov 14. Oman cast
      Reuters; Bloomberg  -  541 words
    • 398 17  -  US$1b syndicated facility is first debt issue for Dubai firm By CLARENCE MICHAEL in Dubai REAL estate company Emaar Properties has appointed Citigroup as lead manager and sole arranger of its debut US$l billion Musharaka Islamic syndication. The syndicated facility is the first debt
      398 words
    • 487 17 Reuters [SINGAPORE] Abu Dhabi's Upper Zakum has failed to live up to its promise as a sour crude benchmark, and liquidity may be further hit next year as traders shun term contracts and look to a new Middle East oil futures exchange. Interest
      Reuters  -  487 words
    • 161 17 Bloomberg [DOHA] Axa SA received a licence to open an office in Qatar as Europe's secondbiggest insurer expands in the Middle East. The licence from the Qatar Financial Centre (QFC) covers Axa Insurance (Gulf) BSC, the centre said in an e-mail on
      Bloomberg  -  161 words
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  • GREATER CHINA/INDIA
    • 499 18 Beijing not seeking selfish gains in S Asia, ready to end border row, he says Bloomberg Reuters [NEW DELHI] China and India must cooperate to ensure peace and development in the region, Chinese President Hu Jintao said, setting the pace for
      Bloomberg; Reuters  -  499 words
    • 354 18  -  By SIDDHARTH SRIVASTAVA in New Delhi THE speedy passing in the US Senate of the Indo-US nuclear pact has given a considerable boost to potential deals involving American companies building nuclear power projects in India. Observers said that to meet the revised targets
      354 words
    • 43 18 [BElJlNG]Dancers performing the Chu Suißa Shan dance in Yichang. central China's Hubei province on Tuesday. The dance depicts now ancient Chinese collect and preserve water in traditional clay containers in Yichang, where China's mammoth Three Gorges Dam is located AFP
      AFP  -  43 words
    • 422 18 Reuters [HONG KONG] Henderson Land Development Co Ltd said yesterday it had revived plans to spin off some of its buildings in an initial public offering (IPO), which could help revive interest in Hong Kong's fledgling property trust market. The developer shelved
      Reuters  -  422 words
    • 298 18 But no single investor can own more than 5% Economic Times [NEW DELHI] Foreign stock exchanges like London Stock Exchange or New York Stock Exchange would now be able to pick up stakes in Bombay Stock Exchange (BSE) and
      Economic Times  -  298 words
    • 188 18 [MUMBAI] Singaporeowned Gateway Distriparks has acquired a 50.1 per cent stake in Snowman Frozen Foods in India for 481.2 million rupees (5516.7 million), which includes 361.1 million rupees as new equity. Snowman has 16 cold stores in various parts of the country.
      188 words
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    • 24 18 HOT IPO Attract more interest from investors. Place your IPO notice in our newspapers. Call 1800 289 8822 or email notices@sph.com .sg. MATS NOTICES
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  • ASIA-PACIFIC/WORLD
    • 622 19 So-called White Paper details Thaksin's allegedly corrupt deals AP AFP Reuters [BANGKOK] Thailand's coup leaders have drafted a 35-page document explaining their reasons for overthrowing the country's prime minister, detailing his alleged corruption and abuse of power to defuse criticism of the coup at
      AP; AFP; Reuters  -  622 words
    • WORLD WATCH
      • 121 19 Bloomberg [CHICAGO] Alcoa Inc, the world's biggest aluminum maker, said it will close metal plants from Europe to North America and may shed as many as 6,700j0b5, or 5 per cent 6f the workforce, after the units failed to meet profit targets. Fourth-quarter
        Bloomberg  -  121 words
      • 152 19 AP [TOKYO] Internet startup Livedoor Co plans to sell all its financial businesses to investment firm Advantage Partners LLP, news reports said yesterday. Japanese business daily Nihon Keizai reported the plan, adding that Livedoor will convene a board meeting as early as this week
        AP  -  152 words
      • 125 19 NYT [NEW YORK] The head of global stocks at the Citadel Investment Group, a US$ 12 billion Chicago-based hedge fund, has left the firm, according to a person briefed on the situation. The executive, Anand Parekh, formerly head of sftrurt&rtog grcrtip at rx n
        NYT  -  125 words
      • 94 19 Reuters [LOS ANGELES] MASH director Robert Altman, who revolutionised Hollywood filmmaking with a chaotic, irreverent style that critics hailed as "American Art Cinema", has died at age 81, his production company said on Tuesday. The director of dozens of films and TV dramas,
        Reuters  -  94 words
    • 312 19 Visa cardholders' Q3 spending up 11 Reuters [NEW YORK] Visa USA. whose parent plans to transform into a publicly traded company, said its cardholders spent U*****.3 billion in the third quarter, 11.1 per cent more than a year earlier, with faster growth in commercial and online transactions. San Francisco-based Visa
      Reuters  -  312 words
    • 293 19 Reuters [SEOUL] US buyout fund Lone Star is close to terminating its US$7.3 billion deal to sell Korea Exchange Bank (KEB) to Kookmin Bank, as a prosecutor investigation made the sale nearly impossible, the Financial Times reported yesterday. South Korean prosecutors started looking
      Reuters  -  293 words
    • 387 19 British antitrust watchdog reviews Nasdaq's new bid Reuters Bloomberg [NEW YORK] US investor Samuel Heyman said on Tuesday that entities he controls now had rights to an 8.8 per cent stake in the London Stock Exchange (LSE), in a move that could complicate
      Reuters; Bloomberg  -  387 words
  • Page 19 Advertisements
    • 89 19 Our qualified professionals j can assist you with offshore structures, shelf companies 51 and incorporations in ALL jurisdictions including: pF > islands Cayman Islands Bahamas Mauritius Hongkong i Full nominee, management, secretarial, banking and corporate administration services are available. We also specialize in offshore trusts for assets protection estate planning.
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    • 116 19 Scaling New Heights with Finest Commodities Phillip Futures provides W variety of commodity futures products from Energy, gy Metals to Agricultures. As one j^Hjof the industry leaders in commodity futures, Phillip Futures' 24-hour Energy Commodity Desk provides you w advice on hedging techniques, superior client SSL 'X*# service and timely
      116 words

  • AVIATION
    • 708 20 It aims to settle RM840m in debt, shed non-core assets, hike charges Reuters [SUBANG, Malaysia] Malaysia Airports Holdings aims to settle its debts with the government, shed noncore assets and enjoy its first price rises in at least a decade under a deal
      Reuters  -  708 words
    • 393 20 Bloomberg [LONDON] Airbus SAS, the world's biggest maker of commercial aircraft, forecasts that airlines will need 1,660 new jumbo planes over the next 20 years, 68 per cent more demand than what rival Boeing Co sees. Global economic growth and rising Asian
      Bloomberg  -  393 words
    • 283 20 Reuters [BERLIN] The German government and DaimlerChrysler AG have agreed on the basics of a deal for future investment in European aerospace group EADS, government spokesman Ulrich Wilhelm said yesterday. "We are making good progress," he told a regular government news conference, adding that Chancellor
      Reuters  -  283 words
    • 2091 20 BIT "WT W! lib It" omaToas i. irrt mm, w S2 NZ4355 0715 EK405 0220 M 5Q493 0715 EK433 0250 **■'*<■ "J*™ £2 £32? EK404 1345 NZ<354 2335 322 »lt EK346 1645 SQ492 2335 AF8087 1830 QF82 2215 IMS BA7381 1830 LH9T70 2350 {^0 QESLJ9SL ASSI
      2,091 words
    • 493 20 Bloomberg [DALLAS] Airports in the US are bracing for gridlock as a record number of Thanksgiving holiday flyers cope with carry-on restrictions imposed to improve security. The rules, which limit liquids that can be taken on board, will be unfamiliar to
      Bloomberg; AFP FILE PHOTO  -  493 words
  • Page 20 Miscellaneous
    • 239 20 CRYPTIC CROSSWORD 5 Fix engineers' brace (6) 9 Yearn to a relationship 11 Problem answering? Drop fH lip fjjfl raw officer (6) 12 Burning with love for a flyer L_L_ 13 Grass developed outside uni- ing French wine (6) H| IPI IfMHSBI 18 Model spending a time in place of
      239 words

  • SHIPPING
    • 1092 21  -  But capacity and location constraints are hampering its viability as an Asian hub By GEORGE JOSEPH [SINGAPORE] The Singapore Cruise Centre (SCC) celebrates its 15th anniversary this month amid signs of a resurgence in the cruise industry, but it is unsure of its ability to
      1,092 words
    • 207 21 Bernama [KUALA LUMPUR] NGV Tech Sdn Bhd has secured a US$7O million contract to design, build and supply seven vessels to Saudi Arabia-based Bakri Navigation Co, its chairman Zulkifli Sharif said on Tuesday. The orders are for two units of the 35.8-metre 65-tonne Bollard
      Bernama  -  207 words
    • 237 21 Bloomberg [LONDON] The cost of shipping crude oil from the Middle East to Asia on 2 million-barrel oil tankers, at its lowest in five months, may be little changed as owners hold out for an acceleration in demand before the end-of-year break. There
      Bloomberg  -  237 words
    • 529 21  -  By DONALD URQUHART [SINGAPORE] A behemoth oil tanker converted into an offshore crude oil production and storage vessel by SembCorp Marine will make its debut in the Gulf of Mexico early next year, the first non-fixed platform to be deployed there, following
      529 words
    • 268 21 Source: Reuters isGx >mmooo Mm 12 g W- <W CMOHshort 0.40 unfr 1236 0J1 unch 2768 Coco Corporation 3j09 0 M ***** COT Distribution AM 0JB2 84 trr* Hkta 3J* unch 1082 ftekrtlMs -0-08 unch ***** Grand Banks Vadit 0.86 i*ich 0 JayaHoktngt ...144 0.02 IIP K1 Venture
      Source: Reuters  -  268 words
    • 270 21 Bloomberg [WELLINGTON] AP Moeller Maersk AS, the world's largest container shipping line, chose Ports of Auckland as its New Zealand hub. Tauranga's port will lose about 4,600 containers and NZ$l million (551.04 million) a month to its northern rival, Port of Tauranga
      Bloomberg  -  270 words
  • Page 21 Advertisements
    • 78 21 total integration solutions for skipping companies and Our technology Is the most complete, robust, scalable and jjR fully Integrated end to end solution for maritime Industry. j We offer hosting, maintenance, application development, and jpj i design, built with the most powerful technologies and J 1 supported by the most
      78 words

  • EDITORIAL & OPINION
    • 541 22 EDITORIAL STRUCTURED products have taken Asia by storm and that is causing immense cheer among investment, retail and private banks which collect millions of dollars in embedded fees. The products it is hard to elevate them to the status of an asset class boast
      541 words
    • 726 22  -  THE BOTTOM LINE SHADA ISLAM Brussels Correspondent THE European Union's "big bang" enlargement in 2004 was great news for Malta, Cyprus and the eight former East European communist nations which were brought into the bloc's warm embrace. But some of Europe's new members
      726 words
    • 940 22  -  A desire for more control and a kinder, gentler brand of globalisation explains why Asia is becoming less compliant when the US demands something WILLIAM PESEK JR Bloomberg WELCOME to the centre of the global financial system. That's the thought that came to mind last
      Bloomberg; AFP  -  940 words
    • 811 23  - Structured funds: know the ins outs The market for these so-called structured products is flourishing in Asia By SAEED AZHAR Reuters OFFICE secretary Jessie Tan plunked down $5000 in May to buy a "Triple Happiness" structured fund that pays a fixed interest rate and guarantees her capital. "I only want
      Reuters; FILE PHOTO  -  811 words
    • 1102 23  -  By JUDY DEMPSEY IHT WHEN Gazprom, Russia's giant state-owned gas monopoly, cut supplies to Ukraine last January in a price dispute, shivers went through a wintry Europe, which started looking harder at ways to reduce dependence on Russian gas imports by finding more, and
      IHT  -  1,102 words
    • 1101 23 LETTER TO THE EDITOR THEfollowing is a statement released to the media by Hong Kong financier Francis Leung relating to the planned acquisition of a stake in Pacific Century Cyberworks (PCCW) from Pacific Century Regional Developments (PCRD): Reference is made to recent press reports in
      1,101 words


  • 5958 24 SGX MAINBOARD Transaction date: Nov 22 52-Mi TH Urt Vol Day lartQuoU OJv GrYW MM MCap I X HW. Urn Code Company S* *1- [DM) W Uw hw. S*f C» U± -"J 15 1 5716 1st Software 3 *0.5 100 3 3 2.5 3 ill 22 m5S Visr~
    5,958 words
  • Page 24 Advertisements

  • 5508 25 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In local cur toSS l«U$S dy %yr *dy Nov 21 Index Ch»ng« Owng» Ogg Chang* fljjBg Ch*nQ* World Index Preliminary 1075.5 0.1 10-9 03 Ui 03 —3 t EAfE Preliminary 1069.2 02 9.9 04 9.7 0.3 170 Europe Preliminary 1 <740 0.1 14.4
    5,508 words

  • Page 26 Advertisements
    • 857 26 UK CONTINENT SERVICE »EBVICE Destination D©sti notion 00 LEADER RDM/ATW/BMN/TIB/NAN MATIRA CAM/NFK/NCX/SAV 00 SUCCESS RDM/ATW/BMN/TIB/NAN 'loads Singapore, E./W. Maloysia, Indonesia Loads E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE F.EJS.E.A. SERVICE S*" i Destination T r'' ASEAN PREMIER DBI/ABU/DOH/BRN/DMM/KWT Destination J SAFE DBI/ABU/DOH/BRN/DMM/KWT STXPOTBN INC/BSN PAN BRIGHT JDH/AQA/DMT AS&AN GIORY DBI/ABU/DOH/BRN/DMM/KWT —'iflgds Singapore,
      857 words
    • 418 26 sssaff™?®! sT™" VESSfi (IVIIY $UN) VOY $0P WU KGTAHAtMUNI NN3II 14/1 30/1 KOTAHASt HAS 437 03/11 07/11 VEss& (EVftY SON) VOT S6P HKCHD TIT YOK ROK Moiunm niN m/ii 90/11 M/ 11 m/ii 07£ i ■aronvc osios [S/bJ 07/11 11/11 11/11 M/ 11 Vissa ffVBY RQ VOY SOT MO MC
      418 words
    • 395 26 vOOv WALLENIUS WILHELMSEN LOGISTICS wobsito: http://www.2wglobol.com VESSE VOT UW HBQMT ItC MAO v 9? TEXAS AMU 4291 m 5 MM 07/12 02/01 11/01 IS/01 20/01 10/01 UKO AI7II 420fc« MM 30/12 21/01 30/41 03 /02 00/02 04/01 ULAOOT AF7O2 400»M 4JM 00/01 >1/01 W/W U/0* w lUw YeA t MM
      395 words

  • Page 27 Advertisements
    • 566 27 WAN HAi INTERNATIONAL PTE LTD a Nft 146W*****/I "M m TEL *****588 (14LINES) FAX:*****163 S t\M\WAN HA LINES 1 mifcwnJwinttfcmuswmHMifcnuM/THw wtn*w WWW.WOIInQI.COni.S9 pi m. 1 IssilsTrE K®g SB mS'm w "J M Esl S i i! Z\ ffi KM, P 2t/12 31/13 03/ M OWN Ifllßß MRU [MUMP mm z2zz
      566 words
    • 620 27 UMMBMmMm ~vsy 1 pjo UN KAAA6n PXi J iA> PMM~ »IK KHON nmniaanah JcTtuo w\~ >«/ii 03/12 06/12 07/12 13/12 15/12 g/11 is aasl »a vs& «a Imi 1 ail I iss I lan I VtsstL VOY MN NHAVA SHIVA JtML AU" COIOMOO CHtTTAOONO VOY SIN I HKCT SIMAPARS SPN23W
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    • 534 27 WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICO POINTS yBB WY I Si I MUM cmwo USHPtt CQ1«»0~ Hwmww oosTw jinn niw 2sw hikh wok BBS WOK OSOK «KL_ IWGWDHI OlOfW O*OK I7DK 100K UOK MM Ktmm tan toom wncnwi COMKTW MOM VU TO BMfl (FBIXSTOWL
      534 words

  • THE BUSINESS TIMES SHIPPING TIMES
    • 5203 28 This ""BMMlliaxlLlJiriTllllTnllliri iTr""'" ETA IT* MMrtta VMMl VoYf. TaMpton. eta ETA AM* M WW T *•....P?*" K r:; jlL'.ll MIKiMMIM 1 Hill 8? 07/01 15(01 PIDjakarta KAMAKURA 0345 *****20} fc To ABIDJAN (ABJ) 2003 Cote D"(voire ivoi ***** Austral AL CAPE HASTINGS 01F7 *****333
      5,203 words

  • BizIT
    • 760 29  -  The US-based IT infrastructure provider's office here will support its Asia-Pac business, writes AMIT ROY CHOUDHURY AMIT ROY CHOUDHURY US-BASED Avocent Corporation, which sells equipment that helps reduce cost and simplify the management of complex IT environments, is upbeat about business in Asia and has
      760 words
    • 344 29  -  By ROLAND LIM HOMEGROWN Gustodian, its sights firmly set on establishing itself as the next brand name in software solutions for the global hospitality industry, has launched the first module in its Gustodian software suite. Speaking to BizlT in an interview, Gustodian CEO Charles Tee
      344 words
    • 589 29  -  By ROLAND LIM WHILE banks here are pushing out various twofactor authentication (2 FA) solutions to their online banking customers to improve online security, security expert RSA Security believes that the next big step for them is to adopt a layered authentication gyRoss
      589 words
    • 218 29 Bloomberg [SAN FRANCISCO] Sun Microsystems Inc posted the biggest sales gain for the third straight quarter in the global market for server computers that run corporate networks and websites. Sales at Sun rose 25 per cent in the third quarter to
      Bloomberg  -  218 words
    • 339 29 Reuters [AMSTERDAM] Global sales of mobile phones are set for another year of strong growth in 2007, with estimated consumer demand for 1.1 billion handsets, according to a survey yesterday. "We expect just over 10 per cent growth in 2007," said
      Reuters  -  339 words
  • Page 29 Advertisements
    • 88 29 RSA to make online transactions even more secure. You Know B C A named top Identity and Access Management Who Has Access software vendor worldwide by IDC for the sixth ToWhatljJ consecutive year since 1999* Jfc I 111 Call 6836 4388 for a free assessment** ■k \j 111 Transf rming
      88 words

  • PROPERTY
    • 487 30 Local govts must hand over fees to provincial and central treasuries Bloomberg [BEIJING] China will double fees for land used for construction from Jan 1 the latest step in a series of measures aimed at cooling property development and protecting the environment. Local
      Bloomberg  -  487 words
    • 470 30 Bloomberg {TOKYO] Mitsui Fudosan Co, Japan's largest property developer, yesterday opened its third shopping mall in three months. It may have bitten off more than it can chew as consumer spending flags. "Mitsui Fudosan has put too much management resources in retail
      Bloomberg  -  470 words
    • 642 32 It adds free street map directory and search tool on land ownership SINGAPORE Land Authority (SLA) has just boosted its Inlis land information portal with two free services a simple, online street map service and another which allows the public to
      642 words
    • 159 32 JONES Lang LaSalle (JLL) has been appointed by Unisys to manage the technology company's real estate transactions and leases on a global basis. The property firm said in a press release yesterday that this covers a total of 9.77 million sq ft of office
      159 words
    • 174 33 HOMEGROWN construction group Teambuild has purchased a collective sale site in Joo Chiat for $8.8 million or $308 per sq ft per plot ratio, setting a new benchmark for land sales in the area. The price for the property Bougainville Maisonette Apartments includes
      174 words
    • 395 33 RM2b invested since last year, more expected in next 5 years AP [KUALA LUMPUR] Middle Eastern investors interested in diversifying their risks are zeroing in on Malaysian real estate, property executives and bankers say. Malaysia's growing infrastructure projects, relatively transparent laws on ownership
      AP  -  395 words
    • 1144 33 J I A l i i I Htm MM PROP CONTRACT TENURE BW-WAREA PRO PSF STREET HAME TYPE DATE (SQFT) otOOO) (S$) District 1 NON-LANDED Emerald Gdn Apt 31/10/2006 999 1033 1080 10ft Jhe Sail At Marma Bay Apt 06/11/200*
      1,144 words
    • 223 33 MAPLETREE Logistics Trust (MapletreeLog) has sealed a deal to buy a warehouse and office property in the northern part of Singapore for $18 million from Winstant Co. The property, at 6 Marsiling Lane, has been acquired on a sale-and-leasf-back basis. Winstant, whose core
      223 words
  • Page 30 Advertisements
    • 377 30 savills I m BALINESE HOUSE BELMONT ROAD 2-Storey Good Class Bungalow Perched on hillside. Greenery views Pristine condition Land area 22,000 sq.ft. (approx.) Floor area -12,000 sq.ft.. (approx.) Tenure Freehold PRICE ON APPLICATION MODERN BUNGALOW ■p "1 CORNWALL GARDENS IP^ > 2-Storey Good Class Bungalow |jj| Brand new. Greenery views
      377 words

  • Page 31 Advertisements
    • 156 31 "~yk Bk S lltlliA 1 m wSk 1 KnHliF m I• .^l^KskK} h} vg^aisiMi^^iwllp^jst j-. B ®j- IB 4 1 illSl| 1 4 k| ItvJ Ilfl I 1 Qjfiaa^B^aMMK^E HE if hMbU| i :v v Bpc? I 11HV mi ML-.. ,s•'". '<L* mSmSmßm'" m'MnHill yt n b SHwL v ri(
      156 words

  • Page 32 Advertisements
    • 384 32 For Lease UE Print Media Hub, at Paya Lebar Road BRAND NEW, TOP Ist1 st 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 ElfSeah 9693 4126/6415 7330 Cayce Kor 9828
      384 words
    • 38 32 ■fr A^ErainiTT?T>»".T7.T'l lur.u— fFOR SALE BY TENDER MfetgMW I 999 years I Land area: 2827.9 sm 1 I Master Plan 2003- PR 2.8, up to 1 36 storeys I 5 |*8 mins away from MRT Station M^fen^terciosingH4De<^M6jTursda^3 oo£m__J
      38 words

  • Page 33 Advertisements
    • 130 33 FOR SALE BY TENDER BELLERIVE PRIME FREEHOLD RESIDENTIAL SITE I 'll 111 Squarish ptot of Land Area: 29,439 sq ft 81 JoMoh*! Apjto-CMMMMI I FMnTcwml stnajßoreCNnM* (B«MrM> I I Build-up Gross Fkxx Area: 61,822 sq ft DUMFA-.BP j 21 maximum height of 24 storeys j Short walk to Newton MRT
      130 words