The Business Times, 25 November 2006

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Microfilm: NL27090
Total Pages: 20
1 20 The Business Times
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  • Title Section
    Lock icon Masthead
    28 1 THE BUSINESS TIMES weekend mmth ANNIVERSARY j) SINGAPORE 85 cents J* A SINGAPORE PRESS HOLDINGS PUBLICATION MICA (P) 09W)3/2006 onlirve at http business-times.asial com sc November 25-26, 2006
    28 words
  • Article, Illustration
    Lock icon Retailers will go ho ho ho if Santa goes digital
    938 1  -  Strong economy, fat bonuses expected to fuel Christmas sales By ROLAND LIM [SINGAPORE] This Christmas, Santa is expected to be going digital in a big way boosting business for electronics vendors who are preparing for particularly strong demand for devices
    938 words
  • Article
    Lock icon Qatar hopes to do long-term business with Keppel Offshore
    525 1  -  PM Lee begins official visit to emirate on Monday By DONALD URQUHART [SINGAPORE] Qatar looks to be the latest Middle East country seeking to tap Singapore's technical and business acumen. The emirate hopes to create a long-term relationship that could reward
    525 words
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  • TOP STORIES
    • Article, Illustration
      Lock icon PCRD shareholders reject Richard Li's offer
      778 2  -  Minorities geared up to flex muscles again at Thursday's vote on PCCW sale By SIOW LI SEN [SINGAPORE] Feisty minority shareholders of Pacific Century Regional Developments (PCRD), after giving a resounding "no" to chairman Richard Li's offer to take the company private, are looking
      PHOTOS: ARTHUR LEE  -  778 words
    • Article
      Lock icon Take a cold shower, says Qantas chief
      594 2  -  BID FOR QANTAS Geoff Dixon calms excitement swirling in market By VEN SREENIVASAN [SINGAPORE] These are "very early days" in the potential takeover of Qantas, the airline's chief executive officer Geoff Dixon yesterday said in his first comment on the matter. "Some people
      594 words
    • Article, Illustration
      Lock icon PCRD minority owners deserve more respect
      596 2  -  SATURDAY SOAPBOX WEE LI-EN Reporter T HE treatment of minority shareholders at Pacific Century Regional Developments (PCRD) has been nothing short of dismal. At yesterday's meeting, when minority shareholders voted against chairman Richard Li's offer to take the company private at 30.5 cents a
      596 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      551 2 Star Hub surges on EPL win, Sing Tel down STARHUB shares surged to a two-month high of $2.36 yesterday following news that the company had pipped market leader Sing Tel to the hotly sought-after rights to broadcast the Barclays English Premier League for the next three seasons. They
      551 words
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      Lock icon Page 2 Advertisements Column 1
      32 2 Royal Sun Alliance Insurance (Singapore) Ltd./ is now able to provide you with worldwide medical insurance offering valuable benefits at competitive prices. For more information email: interglobal@sg.royalsun.com ROYAL SllnterGlobal SUNALLIANCE Healthcare Plan
      32 words
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  • RAFFLES CONVERSATION
    • Article, Illustration
      Lock icon Space to cyberspace
      2122 3  -  Mark Shuttleworth, who sold his company for half-a-billion dollars at the age of 26 and spent US$20 million to fly in space, talks to AMIT ROY CHOUDHURY about his dream project to pioneer a software revolution AMIT ROY CHOUDHURY MARK Shuttleworth has a problem. And that is
      ARTHUR LEE  -  2,122 words
    • Article, Illustration
      Lock icon Committed to positive changes in SA
      355 3  -  By AMIT ROY CHOUDHURY WHEN Mark Shuttleworth sold his company Thawte Consulting to VeriSign for US$575 million in 1999, he used a part of the money to set up the Shuttleworth Foundation. "The foundation is based in Cape Town and its mission is spend
      355 words
  • Page 3 Advertisements
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      Lock icon Page 3 Advertisements Column 1
      61 3 Raffles^ Hotels Resorts The Raffles Conversation is brought to you through a special arrangement with Raffles Hotels and Resorts. The Traveller's Palm in the Raffles Hotels and Resorts logo is an apt symbol. Not only has water stored at the base of this palm provided sustenance, the leaves rest in
      61 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon StarHub shares surge on EPL deal, SingTel slides
      728 4  -  Telco closed 14 cents up at $2.33 while SingTel lost two cents to $2.95 By ANGELA TAN STARHUB shares surged almost 8 per cent to a twomonth high of $2.36 yesterday following news that the company has pipped market leader Sing Tel
      FILE PHOTO  -  728 words
    • Article
      Lock icon Lenders seek payment of $10m from Chuan Soon Huat
      282 4  -  By OH BOON PING CHUAN Soon Huat Indus- trial Group, the timberrelated group which last week saw six of its directors arrested under the Securities and Futures Act, has been served with a letter of demand from lenders seeking payment of
      282 words
    • Article, Illustration
      Lock icon Chemoil relodges public offer with smaller size
      508 4  -  IPO WATCH It plans to sell 224.8m shares and raise net proceeds of up to US$99.9m By MATTHEW PHAN LESS than two months after it cancelled a proposed SGX-listing, fuel oil supplier Chemoil Energy has relodged its prospectus with the Monetary Authority of
      508 words
    • Article
      Lock icon Two China companies to issue new shares
      398 4  -  By NANDE KHIN TWO China companies 1 China Sky Chemical Fibre Co Ltd and China Lifestyle Food and Beverages Group Ltd yesterday announced that they will be issuing new shares to fund future expansion. Nylon fibre manufacturer China Sky will place 80 million
      398 words
    • Article, Illustration
      Lock icon It's business as usual for the market
      510 4  -  STOCKS R SNANITHY Senior Correspondent TO BE perfectly honest, there was not much to distinguish this week's stock market action from the dozens that preceded it there was the same rotational playing of low-priced penny stocks, the same research-driven bursts of interest in
      510 words
    • Article
      Lock icon SPC strikes gas, condensate in Vietnam
      542 5  -  But its Jeruk oil field in Indonesia falls far short of earlier promise By RONNIE LIM THERE was good and bad news yesterday for Singapore Petroleum Company on the offshore exploration and production front. It said that the first exploration well at its north
      542 words
    • Article, Illustration
      Lock icon Cerebos full-year net gain grows 8% to $69.6m
      341 5  -  By OH BOON PING CEREBOS Pacific Ltd yesterday reported a 19 per cent rise in fourth-quarter profit to $17.18 million, on sales of $167.8 million for the period ended Sept 30, 2006. On a full-year basis, net income rose 8 per cent
      341 words
    • Article
      Lock icon Xpress net profit jumps to $4.9m on China contribution
      377 5  -  By CONRAD RAJ SPEED printer Xpress Holdings the company founded by flamboyant businessman KK Fong and in which he still has a 15 per cent stake saw net earnings soar nearly threefold from $1.8 million to $4.9 million for the financial
      377 words
    • COMPANY BRIEFS
      • Article
        Lock icon Swiber units to buy four vessels
        57 5 SWIBER Holdings said that its subsidiaries Swiber Offshore Pte Ltd and Apecs Engineering Ltd have entered into agreements to purchase four vessels, comprising one cargo barge, one 6,000 brake horsepower (bhp) anchor handling tug/supply vessel as well as two 5,150 bhp anchor handling tug/supply
        57 words
      • Article
        Lock icon ST Engg invests in Canadian R&D firm
        62 5 SINGAPORE Technologies Engineering said *****90 Ontario Inc, to be renamed iDirect Canada Inc, has become its associated company, with ST Engg owning a stake of 49 per cent through Vision Technologies Systems' wholly owned iDirect Inc. The acquisition brings ST Engg new capacity
        62 words
      • Article
        Lock icon Intelligentsia's stake in Silverlake falls
        58 5 SILVERLAKE Axis yesterday said its major shareholder. Intelligentsia Holding Ltd, had sold 137 million Silverlake shares at 55.5 cents each, a 9 per cent discount to the last traded price at midday on Thursday. Intelligentsia's sale—to local and foreign investors—has resulted in its stake falling
        58 words
      • Article
        Lock icon Suntar lodges appeal with court
        48 5 PHARMESIS International Ltd said Suntar Process Technology (Xiamen) had lodged an appeal with the court on a "technology agreement" lawsuit. The Sichuan (Luzhou) Intermediate People's Court has directed the case to the Sichuan People's High Court. The hearing dates have not been fixed.
        48 words
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      61 4 eggggoggo 6 TaploAilistesj£ or George Mlcheel 1 tt r IW 2 Depeche Mode p Q Owen Stefani vf) S Queen I I j® Tha Eagles 9 f Madonna tgj (p —■wli) Oavld 0 ff Kyiie Minogue 0 journey m \B> A Hotline 6691 1913 SMS 9766 6913 Radio 91.3 is
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      35 4 I I I I I H »»»>»>»>»»»>^O I js- it i ViViHll I^w^mLAjJm FREE Is. *n Wm Wm* IS? fl||P v mHH umatmwmm mmnummmamm More details in this issue! DECEMBER ISSUE OUT NOW! I spHmagazxnes
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  • PERSONAL INVESTMENT
    • Article
      Lock icon BROKERS'TAKE
      908 6  -  Compiled by MATTHEW PHAN Keppel Corp Nov 24 dose: $16.80 CITIGROUP RESEARCH, Nov 23 KEPPEL Bay well positioned. High- ol lighted in our last report, Keppel's to property arm is well positioned strate- Q gically to benefit from Singapore's two tl upcoming integrated resorts OR). At Keppel Bay, the
      908 words
    • Article, Illustration
      Lock icon Return on capital does matter
      1012 6  -  SHOW ME THE MONEY Ways to identify potential "winners" and weed out potential "dogs" TEH HOOI LING Senior Correspondent THREE weeks back, we discussed how earnings growth in fact destroys value if a company is making a return that is below its weighted cost of
      FILE PHOTO  -  1,012 words
    • Article
      Lock icon BT SHARE INFORMATION SERVICE
      662 6 For week beginning Nov 20 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS igliiwnlii luy Mo of Mc« IMMfmoujwjs Inn SharSsMorf $3 Sharw Per Bofto s** dS? cKSt" m» strS row £52 Silvertake Axis 24-Nov-06 Goh Peng Ooi PL 1 ***** no *****4 85 00 25 Silvertake Axis 24-Nov-06 IntelligentsiaHldgs ltd
      662 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Oct factory output up 1.5%, buoyed by biomedical
      524 7  -  Manufacturing output for first 10 months of this year rises 12.6% By OH BOON PING SINGAPORE'S factory output rose a lacklustre 1.5 per cent year on year in October 2006 as production in some key segments contracted, the latest figures show. Excluding
      BLOOMBERG  -  524 words
    • Article
      Lock icon New safety laws cut workplace fatality rate
      326 7  -  By VINCENT WEE THE work-related fatality rate has fallen from 4.9 per 100,000 workers in 2004 to an annualised rate of 3.4 per 100,000 this year, thanks to a new framework and the cooperation of the various stakeholders in industry. Speaking at the
      326 words
    • Article
      Lock icon Broker poaching war settled privately
      373 8  -  BGC to fork out compensation, ex-Prebon staff to stay with BGC By WEE LI-EN THE staff-poaching between broking firms Tullett Prebon and BGC International has come to a surprise end with both parties announcing yesterday that they have settled their dispute privately after four weeks
      373 words
    • Article
      Lock icon Tuas site attracts $5.1m bid
      172 8 THE Urban Redevelopment Authority has received a committed bid of $5.1 million from an unnamed developer for an industrial site in Tuas that is on the reserve list of the Government Land Sales (GLS) programme. The site at Tuas Bay Drive/Tuas South Avenue 3 will
      172 words
    • Article, Illustration
      Lock icon Coffee chain adds dash of kindness
      166 8  -  By ARTHUR LEE COFFEE chain Starbucks and the Salvation Army hope to collect about 1,000 toys for some 500 needy children all in the spirit of Christmas. The event coincides with Starbuck's 10th anniversary here. To commemorate the launch, Starbucks designed a giant 3.1
      166 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      2378 8 UNIT TRUSTS FUNDS ABAmer Income AT USD —-*7/ 0* 1 ill^AiAmer Income BTU® 0* ABAmer Income A USD M» CM AMI Aiaro Aaeat Mgt (S'pere) AB Amer Income B USD M* M S»Ei*opeEq«yl" £1 ABAmer Income A EUR £7U 0M Star Empe Band J-JJ* ABAmer Income BEW-__- 6.71 M Star
      2,378 words
    • Article, Illustration
      Lock icon Stakeholders in Asia-Pac trust govts most: survey
      844 9  -  NGOs lose trust significantly; in business, European MNCs are on top By DANIEL BUENAS GOVERNMENT remains the most trusted institution in the Asia-Pacific region while non-governmental organisations (NGOs) lost significant trust over the past year, according to a recent survey of 1,050 regional
      YENMENGJIIN  -  844 words
    • Article, Illustration
      Lock icon Swarovski's star attraction
      256 9  -  By ARTHUR LEE A STAR-STUDDED feast for the eyes shone through the evening at the Heeren last night. The attraction was a 10m high Christmas tree sculpture decked with over 600 stunning crystal snowflake and crystal rain ornaments from Swarovski, costing more then $250,000. It is the
      ARTHUR LEE  -  256 words
    • Article
      Lock icon Proposals to make charily registration more stringent
      218 9 THE Commissioner of Charities' (COC) office is considering three proposals to make the charity registration process more stringent and to supplement the Charities (Amendment) Bill which has just been tabled in Parliament. These include making the assessment of charity applications more rigorous, monitoring
      218 words
    • SINGAPORE ROUNDUP
      • Article
        Lock icon CityDev ups Tribeca price by 2-5%
        59 9 CITY Developments is raising the price of its Tribeca condo by 2-5 per cent this weekend. So far it has sold about 70 units in the freehold development opposite Zouk. The early bird price when the project was released last week was $1,420 psf
        59 words
      • Article
        Lock icon Trader pleads guilty to GST fraud
        54 9 WHOLESALE goods trader Shaik Ali Shaik Mohamed yesterday pleaded guilty to seven charges of GST fraud. He falsely claimed GST refunds of $63,876.10. He was sentenced to three month's jail and ordered to pay penalty tax of three times the tax on the«even charges,
        54 words
      • Article
        Lock icon SPH appeals for leniency on Ching
        96 9 SINGAPORE Press Holdings, which publishes The Straits Times, has appealed to the Chinese court for leniency for its former Chief China correspondent Ching Cheong, who was jailed for five years for spying for Taiwan. "We are disappointed that Ching Cheong's appeal has been unsuccessful,"
        96 words
      • Article
        Lock icon Business mission to visit S Korea
        26 9 SINGAPORE Business Federation chairman Stephen Lee will lead an 18-member business mission to South Korea from tomorrow to Dec 2.
        26 words
      • Article
        Lock icon S'pore condemns Iraq attacks
        76 9 THE Ministry of Foreign Affairs yesterday released a statement condemning bomb attacks in Sadr City, Iraq that killed at least 140 people on Thursday. "We extend our deepest sympathies to the families of the victims," said a spokesman. "Singapore remains deeply concerned about the escalating tensions
        76 words
    • Article
      Lock icon PM Lee makes maiden official trip to M-E
      449 9  -  Visit to S Arabia, Qatar part of push to expand economy By CHUANG PECK MING in Riyadh PRIME Minister Lee Hsien Loong arrived in Saudi Arabia last night with a business delegation on the first leg of an official trip to the
      449 words
  • Page 7 Advertisements
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      Lock icon Page 7 Advertisements Column 1
      23 7 HOT IPO Attract more interest from investors. Place your IPO-notice in our newspapers. Call 1800 289 8822 or email noticestsph.com.sQ. WAT 3 NOTICES
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      Lock icon Page 7 Advertisements Column 2
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      251 words
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      Lock icon Page 7 Advertisements Column 3
      44 7 1. I M■ L V\ 'U I 4 «li I f V II The smarter way... I news.asiaone.com *be the one I in the know I LATEST w J BUSINESS y. I HEALTH 5 MOTORING JUST WOMAN I play TRAVEL DIGITAL WINE DINE UNWIND
      44 words
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  • Page 8 Advertisements
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      Lock icon Page 8 Advertisements Column 1
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  • MALAYSIA
    • Article
      Lock icon ANZ buying AMMB state for US$296m
      448 10 ANZ has spent A$1.2b so far in expanding its presence in Asia Reuters [KUALA LUMPUR] Australia and New Zealand Banking Group Ltd agreed to buy a minority interest in Malaysian lender AMMB Holdings for US$296 million, accelerating its Asian growth. Australia's third-biggest lender is
      Reuters  -  448 words
    • Article, Illustration
      Lock icon Multi-Purpose offers RM2b for rest of Magnum
      323 10 Bloomberg [KUALA LUMPUR] Multipurpose Holdings Bhd offered as much as RM2 billion (SsBs7 million) for the rest of Magnum Corp to take control of Malaysia's second-biggest numberbetting operator by market value. The group offered to buy the 859 million shares in Magnum it
      Bloomberg; FILE PHOTO  -  323 words
    • Article
      Lock icon SGX MAINBOARD
      3357 10 Transaction date: Nov 24 SM* Id Ujt V* <*, 'St I H High Low Gxta Compwy fW| Htjfc —law Wf» S«tr 3.5 1 5716 1st Software 3 un* JU 0 I 2 10 4.9 ,i n.i 50 3 11.5 6 3148 gTeiecom 10.5 +05 4672 10.5 lu iu.|
      3,357 words
    • Article
      Lock icon Palm-oil merger will create 'formidable' group: Najib
      356 10 Bloomberg [KUALA LUMPUR] Malaysia's government said its plan to merge three state-linked palm-oil companies including Sime Darby Bhd will create a "formidable group" that can benefit from cost savings and a unified management. The combined assets, which will also include Kumpulan Guthrie Bhd
      Bloomberg  -  356 words
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  • INDONESIA
    • Article, Illustration
      Lock icon ADB to lend Indonesia US$428m
      550 11 Amount part of US$4b programme to boost country's infrastructure AFP [MANILA] The Asian Development Bank will extend more than US$42B million in loans and grants to Indonesia to help develop its infrastructure and spur economic growth. The financing will come as part of a programme
      AFP  -  550 words
    • Article
      Lock icon SGX
      4458 11 Transaction Date: Nov 24 MOST ACTIVE STOCKS VOLUME] VALUE Silverlake 154.588,000 SingTel 120,230,550 Delonq 41.391.000 Silverlake 86,771,080 SingTel 40.672.000 UOB 72.858,540 Xpf ess 35.090.000 Star Hub 54,879,920 Yonqnam 34.606.000 KeppH Corp J45SJ9? Quhua 30.830.000 DBSGfP 44,281.050 Oakwell Engg 30.423.000 HKLand 29.^4,061 See Hup Seng 30.122.000 6wuTV 29,4C3,550 Star Hub
      4,458 words
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  • GREATER CHINA
    • Article, Illustration
      Lock icon HK losing expats to S'pore as smog turns many away
      678 12  -  Frequent illness, lack of school places also deter execs By JANE MOIR in Hong Kong HONG KONG's worsening air pollution and sparse international school space is prompting more and more executives to relocate to Singapore. Headhunters and recruitment agencies are
      AFP  -  678 words
    • Article, Illustration
      Lock icon Wang mulls legal action to find court backers
      558 12  -  Father-in-law defies order to name lenders By JANE MOIR in Hong Kong PROPERTY billionaire Nina Wang Kung Yu-sum is mulling legal steps to reveal the identities of her estranged father-in-law's financial backers who are believed to have funded a bitter contest over
      APPLE DAILY FILE PHOTO  -  558 words
    • Article
      Lock icon Chinese artist sells oil painting for record US$2.75m
      142 12 AFP [BEIJING] An oil painting by Chinese artist Liu Xiaodong has been auctioned for U552.75 million, a new record for contemporary Chinese art, state media reported on Thursday. The painting, which depicts the controversial Three Gorges Dam, in Hubei province, was sold
      AFP  -  142 words
    • Article
      Lock icon Christie's eyes record sales in Asia auction
      360 12 Reuters [HONG KONG] Christie's is eyeing to break its HK$l.2 billion (*****.3 million) Asia sales record next week when it auctions artworks and jewellery from a region that is all the rage with wealthy international and Chinese buyers. The global auction house's autumn
      Reuters  -  360 words
    • Article
      Lock icon Beijing warned of likely slowdown as investment drops sharply
      351 12 Decline could spell end of investment cycle, says researcher Reuters [BEIJING] Investment has fallen so sharply that China could suffer a serious economic slowdown next year, a prominent researcher said in remarks published yesterday. Investment has been the main pillar of
      Reuters  -  351 words
    • Article
      Lock icon Carlyle Group leads US$5.5b offer for Taiwan's ASE
      298 12 Reuters [NEW YORK] A private equity consortium led by The Carlyle Group plans a US$5.5 billion bid for the world's top chip packaging firm, Advanced Semiconductor Engineering Inc (ASE), Taiwan-based ASE said yesterday. v At NT$39 a share, the potential offer represents
      Reuters  -  298 words
    • BRIEFLY ASIA
      • Article
        Lock icon M'sia's key interest rate remains at 3.5%
        82 12 AFP [KUALA LUMPUR] Malaysia's central bank yesterday kept its key interest rate unchanged at 3.5 per cent for the fifth time in a row in line with easing inflation and steady growth. Bank Negara said the decision had been made on its overnight
        AFP  -  82 words
      • Article
        Lock icon China SOEs may pay dividends from 2008
        62 12 Reuters [BEIJING] China's big state-owned enterprises (SOEs) are likely to start paying dividends to the central government as early as 2008, a longawaited move aimed at making them think twice before investing blindly, a Finance Ministry official said. China's 161 centrally controlled SOEs
        Reuters  -  62 words
      • Article
        Lock icon Mofaz, foreign firm bid for Proton stake
        56 12 AFP [KUALA LUMPUR] Malaysian auto company Mofaz Group has teamed up with a foreign partner to bid for a stake in ailing national carmaker Proton. Group president Mohamed Fauzy Abdul Hamid said the company's proposal to buy up a stake in Proton had
        AFP  -  56 words
      • Article
        Lock icon Corus bid rise reports speculative: Tata
        66 12 Bloomberg [MUMBAI] India's Tata Steel Ltd, which is competing with Brazil's Cia Siderurgica Nacional SA to buy Corns Group pic, said newspaper reports that the company's board approved raising the offer for the UK steelmaker are "speculative". Tata Steel has not taken any decision
        Bloomberg  -  66 words
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  • INDIA
    • Article
      Lock icon India, China business leaders remain wary
      470 13 Politicians on both sides are upbeat but top execs are critical of policies Reuters [MUMBAI] Business leaders from India and China said they were yet to be convinced by political talk of stronger economic ties between the two neighbours, given the obstacles companies face
      Reuters  -  470 words
    • Article
      Lock icon Foreign banks join hands for bigger voice in India
      284 13 [MUMBAI] To make sure their voice is not lost in the corridors of power, the India CEOs of 12 foreign banks have formed a pressure group within the Indian Banks' Association, says a report in Business Standard. The group had its
      284 words
    • Article
      Lock icon Indian energy giants GSPC, Cairn plan billion dollar IPOs
      454 13  -  By SIDDHARTH SRIVASTAVA in New Delhi THERE is considerable excitement in India's energy sector, particularly in oil and gas. Gujarat State Petroleum Corp (GSPC) has announced plans to raise up to US$l billion in a stock listing early next year, although
      454 words
    • Article
      Lock icon Mittal to compensate dead miners' kin
      257 13 AFP [ALMATY] Giant steelmaker Mittal is to pay 10 years' wages to the families of workers killed in accidents in its mines in Kazakhstan in the past two years, a company official was quoted as saying on Thursday. "The families of all miners who
      AFP  -  257 words
    • Article, Illustration
      Lock icon WHITE KASHMIR
      66 13 [SRINAGARJA tourist in a cable car enjoys the snow-covered view at Gulmarg in the Indian-administered Kashmir on Thursday. Gulmarg. which means 'Meadow of Flowers', is a world-famous health resort located at2.745m above sea level. Situated some 50km from Srinagar. the summer capital of Kashmir, it is considered one
      AP  -  66 words
    • Article
      Lock icon India okays share sale in 3 state power firms
      412 13 Funds raised will help India expand electricity output Bloomberg [NEW DELHI] India's Cabinet has approved a proposal to sell shares in three state-run power companies through initial public offerings. India's Cabinet, led by Prime Minister Manmohan Singh, approved the sale of
      Bloomberg  -  412 words
    • Article
      Lock icon BURSA MALAYSIA
      2128 13 VOl fiBnuria *f -034 1200 Mm24 HI *t- (IN) Qwantom Mi 031 111 1 1 Gantmg f»w> >■> 2691 AtMReelty 1* unch 20 George Kent OJB -0X1 110 Afark -03} unch 17 H22 OjOI JW ACPlndurtrtas 130 0X1 193 Glabetronki'Wi 032 unch 1557 Advance Synergy 0J4 OjOI 929
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  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon Korea's cybercity tracks everything from blood pressure to garbage
      818 14 AP [SONGDO, South Korea] It's Monday morning and the wall computer has a few suggestions to kick off the day: Your blood pressure is high, so how about tofu for dinner? Try another route to work to avoid traffic. And there's
      AP  -  818 words
    • Article
      Lock icon Portfolio of 007-related stocks not doing well
      299 14 The eight shares yielded a net gain of 2% over the past six months Reuters [LONDON] Investors looking to put money into the James Bond lifestyle could end up with a licence to nil profit that is. Analysis of a portfolio of stocks
      Reuters  -  299 words
    • Article, Illustration
      Lock icon Further consolidation seen for Thailand's finance sector
      700 14  -  b y OUR CORRESPONDENT in Bangkok THAILAND'S financial sector is likely to see further consolidation as the Bank of Thailand tries to encourage mergers. "I think there are chances that we will see more mergers in the financial sector in the near future,"
      AP  -  700 words
    • Article, Illustration
      Lock icon San Miguel to divest stake in Coke unit for US$700m
      369 14 Reuters AFP [MANILA] San Miguel Corp, Asia's biggest food and drinks group, has agreed to sell its 65 per cent stake in a soft drinks venture with Co* ca Cola Co to the US giant for around US$7OO million, industry
      Reuters; AFP; REUTERS  -  369 words
    • Article
      Lock icon Struggling Sanyo trims first half loss, cuts 2,200 jobs
      322 14 AP [TOKYO! Sanyo Electric Co trimmed losses for the fiscal firsthalf from the previous year, but slashed 2,200 additional jobs yesterday in a bid to return to profitability. The Japanese electronics maker racked up a 3.62 billion yen (Ss4B million) net
      AP  -  322 words
    • Article
      Lock icon Equity Office chairman sees more Reit buyouts
      265 14 Reuters [LONDON] The chairman of Equity Office Properties Trust, which is being sold for a record price to private equity firm Blackstone Group, has predicted more Reit privatisations, the Financial Times said yesterday. Sam Zell. however, warned in an interview with the newspaper:
      Reuters  -  265 words
    • WORLD WATCH
      • Article
        Lock icon Iraq suffers US$24.7b oil revenue loss
        76 14 Reuters [BAGHDAD] Iraq lost U5524.7 billion of potential oil revenues in the past three years because violence and political instability have damaged existing operations and blocked new projects, Iraq's oil watchdog said on Thursday. Years of United Nations sanctions, mismanagement under Saddam Hussein and
        Reuters  -  76 words
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        Lock icon Eton, 49 other UK schools fined £3.5m
        115 14 Bloomberg [LONDON] Eton College and 49 other private schools that regularly exchanged information about fees have been fined £3.5 million (5510.5 million) for infringing competition law, the Office of Fair Trading (OFT) said. The UK's antitrust watchdog said it would impose the fine
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        Lock icon Sony finds defects in 8 camera models
        64 14 Bloomberg [TOKYO] Sony Corp, plagued this year by production glitches which delayed shipments of game consoles and forced the recall of 9.6 million laptop computer batteries, said it found defects in eight of its Cyber-shot digital camera models. The compact cameras may have
        Bloomberg  -  64 words
      • Article
        Lock icon Thailand may lift martial law soon
        92 14 Bloomberg [BANGKOK] Thailand. ruled by the military since a Sept 19 coup, may lift martial law "very soon", junta leader Sondhi Boonyarataklin told Cable News Network. Thailand's military and police chiefs seized power from former Prime Minister Thaksin Shinawatra in a bloodless coup, citing
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  • MOTORING
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      Lock icon A brand for life
      929 15  -  DRIVING STYLE Volkswagen's managing director for the region Olaf Duebel talks to SAMUEL EE about his twin passions cars and football SAMUEL EE BY ALL accounts Olaf Duebel is mad about cars although it is possible that he loves soccer even more. As Volkswagen's managing director
      ARTHUR LK  -  929 words
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      Lock icon Different Version altogether
      627 15  -  With the majority of hatchback models in Singapore wearing the badges of only three or four popular brands, it is difficult to stand out from the crowd. We drive two less mainstream hatchbacks on the market By SAMUEL EE IT'S interesting how some grey plastic bits and
      627 words
    • Article, Illustration
      Lock icon The re-Caliber-ation of Dodge
      502 15  -  By JOE YEO THE Dodge brand might be new in Singapore but in its native America, the DaimlerChrysler-owned marque is ranked fourth in terms of sales. The introduction of the Dodge brand here signifies its intention to expand outside the US and the quirky Calibei 1
      502 words
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  • GOLF
    • Article, Illustration
      Lock icon No child's play this
      1296 16  -  From a garage setup in 2000, KinderGolf has grown to a franchise system that offers a pre-schooler programme aimed at building strong fundamentals in a holistic development of golf, mental and life skills, says JUSTINE MOSS JUSTINE MOSS THE opportunity to be introduced to golf at
      1,296 words
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      431 16 wine&dine withweekendBT Ah Hoi's Kitchen Poolside, Traders Hotel (above TangUn Moil) StatooneofthelaiseasaladbaRin tomComplele Jg wk»s from Chile, the US, New South Africa 7*083,4374 The Chefs Magnificent 7 menu is not to be missedl glass of ¥^UinckS3^+per pew dmner. Suixiay Washington state, Portugal and indte. 12.30pm to 5pm. .oaay .iupm upra.
      431 words
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  • WELLNESS
    • Article, Illustration
      Lock icon The lowdown on back pain
      924 17  -  CHEAH UI-HOON finds out that poor posture, not age is behind those backaches CHEAH UI-HOON GOOD posture is everything, not just for deportment's sake, but especially if you want to be leading a painless life one without neck or back pain or even headaches. That's
      924 words
    • Article, Illustration
      Lock icon Job stress may increase diabetes risk: study
      442 17 Reuters Health [NEW YORK] People who suffer from job burnout may be prone to developing Type 2 diabetes, according to a study of "677 mostly male middle-aged Israeli workers, published in the journal Psychosomatic Medicine. The findings in this study, investigators say, suggest
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    • Article
      Lock icon Lack of sleep may lead to weight gain, says study
      375 17 Reuters [NEW YORK] Middle-aged women may be able to sleep their way to a trimmer body, new findings suggest. In a study that followed more than 68,000 US women for 16 years, researchers found that those who caught more zzz's
      Reuters  -  375 words
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      41 17 physiotherapy W 99W MPV I dlnics at Paragon Physiotherapy Associates #09-13/14 Tet 6834 9755 Caring Hands Physiotherapy/Tanaiin Pnysiotner apy uimc #11-15 Tet 6737 9218 This is the twelfth in a series of thirteen produced in collaboration with Paragon PARAGON R>a«>H«KW www.paragonmodical.com.sg
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  • Page 17 Miscellaneous
    • Miscellaneous
      Lock icon Page 17 Miscellaneous Column 1
      170 17 CRYPTIC CROSSWORD 2 Took as one's own work that ,13 Relating to continuance of life YESTERDAY'S SOLUTION had been wrongly dated out- that is non-existent, I always Across: 1 Relative pronoun, 9 Tellside (7) accepted (11) ing, 10 Choctaw, 11 Royal Mail, 12 3 Keen to be with state enthu-
      170 words
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  • SHOPPING
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      1180 18  -  Bag maker Nancy Gonzalez's president tells CORINNE KERK why the Colombian brand wields special appeal among wealthy fashionistas worldwide CORINNE KERK ANTIAGO Barberi Gonzalez is a diminutive man, the kind you wouldn't notice if he walked right past you, or sat next to you in a res-
      YEN MENG JON  -  1,180 words
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      575 18  -  Shopping for executive work shirts just got more exciting especially for men who can spot two-ply 100 per cent cotton a mile away with the debut of two established European labels in the Singapore market, reports CHEAH UI-HOON CHEAH UI-HOON Charles Tyrwhitt
      575 words
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  • TRAVEL
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      1122 19  -  PARVATHI NAYAR navigates the city's contemporary art world of galleries and museums PARVATHI NAYAR ROLLED up brolly, London A-Z street atlas and stout walking shoes: thus armed, you are ready to take on the vibrant visual art world of London that still has the power to inspire,
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      Lock icon BA rolls out luxury bed-seats in £100m business class revamp
      436 19  -  By PARVATHI NAYAR THE chance to sleep soundly on an airborne bed worth £100 million (*****.2 million)? That's what British Airways (BA) is promising with the launch of their new Club World, unveiled in London last week by BA chief
      436 words
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  • THE BUSINESS TIMES weekend
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      Lock icon Home bakers take the cake
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      JOYCELYN SHU; ARTHUR LEE  -  2,018 words
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