The Business Times, 4 January 2007

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Total Pages: 28
1 28 The Business Times
  • 20 1 THE BUISNESS TIMES SINGAPORE 85 cents online at http://business-tinm.asial.com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION MICA (P) 202/12/2006 Thursday, January 4,2007
    20 words
  • 831 1  -  Buoyant prices largely attributed to high-end segment; consultants expect market to be more subdued but still active this year By ARTHUR SIM [SINGAPORE] The latest flash estimate shows that housing prices were 10 per cent higher in the final quarter of 2006 than
    Source:URA,HDB  -  831 words
  • 538 1  -  By TEH HOOI LING [SINGAPOREI The stock market started the year yesterday with another record, with the Straits Times Index (STI) smashing through the 3,000 level right from the word go. The index opened its first trading day of 2007 at
    538 words
  • 134 1 STI 3,037.74 (+51.91) ST INDEX FUTURES 3,044.00 (+50.00) siMsa 371.04 (+6.36) SIMSa FUTURES 371.40 (+4.20) MARKETS W«dnMd«y Chang* KLCOMP 1,117.09 +20.85 NIKKEI 225 Closed HANG SENG 20,413.39 +103.21 SET INDEX 659.25 -20.59 JAKARTA COMP 1,834.71 -1,81 MANILA COMP 3,020.70 +43.85 SEOUL COMP 1,409.35 -25.91 SHENZHEN 8 Closed MUMBAIIND
    134 words
  • Page 1 Advertisements
    • 9 1 PROPERTY jDevelopers rush to launch projects M T PAGE2B
      9 words
    • 27 1 COMMENTARY Bn BizlT BIG bonuses Watch A-Sonic Govt, pilot projects /xXpbscene or go supersonic Wf M tothnveS'porelTgrotfa c C£ W^Wffieff PAGES I PAGE 26 N PAGE 18
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    • 90 1 BizIT Govt, pilot projects to drive S'pore IT growth PAGE 26 BIG BONUSES Obscene or justified? PAGE 18 21 vjm mp Bw M You never actually own a You merely look after it for the Men's Annual Calendar next generation. Ref. 5396R by Patek Philippe. EST? 1954 SINCERE fine watches
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  • TOP STORIES
    • 655 2  -  Economists upbeat about outlook, even as slower growth seen ahead By ANNA TEO [SINGAPORE] The economy is now shown to have picked up pace in the final quarter last year despite persistent weakness in electronics output. And while GDP growth will slow
      655 words
    • 727 2 Budget carriers fight sceptics' fears that they're cutting corners [MUMBAI] The proliferation of budget airlines across Asia has made air travel affordable for millions, but this week's aircraft disaster in Indonesia has underlined the challenge for governments to ensure safety standards are met.
      REUTERS  -  727 words
    • 501 2 Wealth of China's top 50 execs pushes 40b yuan CHINA'S business elite were the big winners of last year's soaring stock market, with the top 50 executives worth nearly 40 billion yuan (S$7.8 billion), state media said yesterday. None of the top 50 was worth less than 200
      501 words
    • 555 4 Total proceeds are expected to reach 280b yuan Bloomberg [HONG KONG] Shanghai's bourse may attract US$26 billion in fundraising this year, overtaking Hong Kong, as more of the nation's largest companies sell shares domestically, PricewaterhouseCoopers LLP said in a report. Hong
      Bloomberg; AP  -  555 words
    • 527 4 Value of their stock portfolios climbs as share prices soar AFP [BEIJING] China's business elite were the big winners of last year's soaring stock market, with the top 50 executives worth nearly 40 billion yuan (Ss7.B billion), state media said yesterday.
      AFP  -  527 words
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  • Page 4 Advertisements
    • 2096 4 Gm&H CEREBOS PACIFIC LIMITED (Registration No. *****4186H) (Incorporated in the Republic of Singapore) 18 Cross Street #12-01/08, China Square Central, Singapore *****3 1 V NOTX£ OF ANNUAL GENERAKfEETM NOTICE IS HEREBY GIVEN that the Twenty-Fifth Annual General Meeting of the Company will be held at Grand Copthorne Waterfront Hotel, Level
      2,096 words

  • COMPANY NEWS
    • 241 5 SINCE he is one of the most recognised faces in the fund management industry and an acknowledged leader in the financial field, some may wonder why Templeton Asset Management managing director Mark Mobius should choose to write a series of books for the novice investor. His first
      241 words
    • 685 5  -  He dismisses fears that Thai turmoil will spark repeat of 1997 crisis By DANIEL BUENAS EMERGING markets guru Mark Mobius has a bullish view on the Singapore market in the coming year, and feels that the recent turmoil in the Thai stock exchange brought
      FILE PHOTO  -  685 words
    • 6448 5 UNIT TRUSTS FUNDS AMI Amro Asset Mqt (S'pore) Star Europe Eqty!** 1.049/ Star Europe Band 1.188/ SttBSgr -zznzz-i^ Am load. 131/ SbrAMMhrrad: ,n lit Sto Global TechnokmFwl!" 0214* DMtStFd 0.984/ Star Asia BoreXUSOT .l. 0.853/ QblMtStUSO 1157( Asia Bond Fd A I 104.6/ Asia Bond MB 53.54/ AsuTig EqtyFdA 17.05/
      6,448 words
    • 560 6  -  HOCK LOCK SIEW By VEN SREENIVASAN DURING the last few days, there has been a flurry of excitement over reported plans for low-cost, longhaul flights by Air Asia's East Malaysian associate, Fly Asian Express (FAX). FAX's co-founder Tony Fernandes told news agencies this week
      560 words
    • 570 6  -  UOB Kay Hian cites impact of Chinese listings, growth in derivatives By WONG WEI KONG REGIONAL stock exchanges can expect trading volumes and earnings to rise further in 2007 on the back of several factors, including the impact of Chinese listings and
      AFP  -  570 words
    • 520 6  -  SocGen: There will be more issues on new stocks, indexes By TEH HOOI LING THE turnover of warrants in the Singapore market could grow by 30 to 50 per cent this year bringing the total volume of trade up to $21.5 billion, says Societe
      520 words
    • 315 7  -  Malayan Banking unit also among those which have fulfilled conditions By OH BOON PING MALAYSIAN stockbroking firm Hwang-DBS (Malaysia), an associate of DBS Bank, said yesterday that one of its subsidiaries is to become an investment bank. Hwang-DBS, which is 26.2 per cent owned
      315 words
    • 295 7  -  By OH BOON PING FRONTLINE Technologies has forged a partnership with Sun Microsystems and PT Metrodata Electronics Tbk to grow its business in Indonesia. Under an agreement, Frontline will invest $2.9 million for a 49 per cent stake in PT E Metrodata Com
      295 words
    • 232 7 ABR ups stake in Oishi Pizza to 84.1% ABR Holdings has raised its stake in Oishi Japanese Pizza from 73.3 to 84.1 per cent by acquiring 443,750 more Oishi shares. ABR paid $288,750 in cash and capitalised 155,000 which Oishi owed to it for the additional shares. Noble
      232 words
    • 457 7  -  Company may be in breach of the law, could face penalty By MICHELLE QUAH XPRESS Holdings announced yesterday that it has failed in its bid to get an extension of time to hold its annual general meeting (AGM) by Feb
      457 words
    • 265 7 THE managers of CDL Hospitality Trusts Singapore's first hotel-backed real estate investment trust, which is controlled by the Hong Leong Group's hotel division Millennium Copthorne have appointed former Neptune Orient Lines' (NOL) chief financial officer Lim How Teck to their boards. The trust
      265 words
  • Page 5 Advertisements
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      46 words

  • Page 6 Advertisements
    • 59 6 Get the quality job matches you deserve. At STyoi, we match you with employers offering f 701 genuine jobs that fit your qualifications, knowledge and unique experiences. Log on to T www.st7ol.com and let its advanced Job Matching Technology find you the right job. 7 DAYS A WEEK, SEARCH AT
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  • Page 7 Advertisements
    • 135 7 "BOOMING $100 Million business"* jlfcl Extracted from SPH The Sunday Times 20 Aug 2006 T. j Earning $10,000* A Month is EASY 1(W0 Very low Franchise fees at just $4.70 a dayfmonthly $141) from Australia. UK. 100% Refundable franchise fees Phlltppfay, hdh, Itor—, Own a Successful Global Education Business vbmRH
      135 words
    • 356 7 jfsQ flv an 10 lhe Woan a"* l &el he 's no be«er Singa pore toj»P ree Osaka j Business Class f/vsgdAH ESS? OU Isetan Voucher Economy Class r P\ Jf% Takashimaya I I Voucher or Isetan Voucher NHI 1 08;45 I 1 6 .1 5 NH9O2 I 23 2S
      356 words

  • SINGAPORE MARKETS
    • 524 8  -  STOCKS Singapore Telecom, Keppel Corp, CapitaLand and Singapore Exchange lead the way TEH HOOI LING AFTER a four-day break, the Singapore market ushered in the new year with a bang yesterday, with the Straits Times Index smashing through the 3,000-level with ease after
      524 words
    • 999 8 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS (Disclosures made on Jan 3 and earlier) Subsantial No of Price SHAREHOLDING Trans Shareholder/ Buy/ Shares Per Before After Stocfc Date Director Set! 000 Shr ([000) fOPO) YaanSec 29-Dec-07 QinWei *Buy 30 na ***** 63.87 ***** 63.92 Thai Beverage 29-Dec-07 Charoen Sirivadhana *Buy *****
      999 words
    • Article, Illustration
      793 8  -  Compiled by MATTHEW PHAN Raising $349 million for acquisitions.- Mapletree Logistics Trust (MLT) is issuing new units at an indicative price range of $0.90-1.15 to raise gross proceeds of $349 million. The proceeds will be used to fund the acquisition of 15 properties (total value of $226.9 million,
      793 words
    • 520 8  -  CURRENCIES LARRY WEE Senior Correspondent SELECTED Asian currencies yesterday started 2007 with fresh multiyear highs versus the US dollar on the back of new regional stock market peaks, brushing aside new Japanese yen lows in cross- trading and last weekend's ugly bombings in
      520 words
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  • SINGAPORE NEWS
    • 389 9  -  By JANICE HENG PAYING taxi fares, by some credit cards has now become cheaper, thanks to the newly announced "strategic alliance" between ABN Amro and transport group ComfortDelGro. Commuters who hire a Comfort, City Cab or YellowTop taxi and pay with ABN Amro-issued
      389 words
    • 401 9  -  BANKING MATTERS Purchases of condos not affected by new capital control rules: bank By CONRAD TAN A PROPERTY financing scheme offering loans for buying freehold condominiums in Thailand was introduced yesterday by United Overseas Bank, just two weeks after the country introduced strengthened capital
      401 words
    • 295 9 HSBC Singapore has appointed Wendy Lim as the new head of its retail banking business, four years after she first joined the bank. The 36-year-old banker replaces Tom Tobin as head of personal financial services. Ms Lim had previously spent a year
      295 words
    • 521 10  -  Allen Gledhill, Wong Partnership, Rajah Tann also improve in ranking By WEE LI-EN LOCAL law firms Allen Gledhill (A&G), Wong Partnership, and Rajah Tann (R&T) are among the top 25 law firms advising on announced mergers and acquisitions in Asia, according
      521 words
    • 319 10 PRESIDENT SR Nathan and Minister Mentor Lee Kuan Yew sent letters of condolence to the widow of the late former US president Gerald Ford, the Ministry of Foreign Affairs said yesterday. Foreign Minister George Yeo yesterday also signed the condolence book at the
      TERENCE TANIST  -  319 words
    • 151 10 Edward D'Silva named PSC member EDWARD Alec D'Silva was appointed a member of the Public Service Commission (PSC) for a five-year term from yesterday. He graduated from the University of Singapore with a Bachelor of Architecture degree in 1975. He has been the executive director of SAA Architects
      151 words
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  • ECONOMY WATCH
    • 347 11 Bloomberg [BERLIN] German December unemployment fell the most since unification in 1990 as accelerating economic growth encouraged companies to hire and the construction industry retained workers amid unseasonably warm weather. The adjusted jobless rate fell to 9.8 per cent from 10.1 per
      Bloomberg  -  347 words
    • 674 11 Investors who bought the metal feel disappointed Bloomberg [SINGAPORE] Gold lost its lustre in December, confounding analysts and investors who predicted the metal would lead the commodities markets in 2007. The price of gold fell 1.7 per cent, ending the
      Bloomberg  -  674 words
    • 451 11 Bloomberg [BANGKOK] The Thai baht will drop 4.2 per cent this month as investors lose confidence in the government following a series of bombs in Bangkok on New Year's eve, said Westpac Banking Corp. The blasts that killed three
      Bloomberg  -  451 words
    • 447 11 German chancellor pushing for single transatlantic market for investors with common rules and standards [FRANKFURT] Germany wants to make a "transatlantic economic parthership" between the European Union and the United States top priority during its six-month presidency of the EU, Chancellor Angela
      PHOTO: AFP  -  447 words
    • 320 11 Bloomberg [SEOUL] South Korea's export growth will probably slow this year from last year as global economies led by the US cool, cutting demand for Korean prod' ucts, and a stronger currency erodes profit. Exports will probably rise 10.4 per cent
      Bloomberg  -  320 words
    • 464 11 Bloomberg Move meant to boost investments, say economists [JAKARTA] Indonesia's central bank will probably cut its benchmark interest rate by a quarter-percent-age point to a 16-month low to encourage companies to borrow. Bank Indonesia governor Burhanuddin Abdullah and his fellow policy
      Bloomberg  -  464 words
  • Page 11 Advertisements
    • 128 11 Our qualified professionals <A can assist you with offshore shelf companies V?Tj7jir«|»]3 British Virgin islands Cayman Islands Bahwinr^rr 'l'. .j PHnHMnI Hongkong -»•-Samoa Full nominee, management secretarial, banking and corporate I administration services are available. We also specialize in offshore trusts for assets protection estate j planning. For further information
      128 words

  • MALAYSIA/INDONESIA
    • 419 12 Reuters IJAKARTA] Indonesia's government hopes parliament approves a new mining law in March and that it includes provisions to force the mining industry to process ore into metal within the country, a senior mining official said yesterday. Since February last year, Indonesia's goyernment
      Reuters; AP FILE PHOTO  -  419 words
    • 655 12 Move shows govt's effort to further develop stock market: analysts Reuters [KUALA LUMPUR] Malaysia began yesterday to allow short selling of a limited group of company shares, lifting a ban imposed in the wake of the 1997-1998 Asian financial crisis. Malaysia,
      Reuters  -  655 words
    • 294 12 Bloomberg [KUALA LUMPUR] Malaysia's central bank eased rules on investments in equities by the country's lenders, scrapping a limit on how much they can invest in each stock and allowing them to invest in different kinds of shares. Banks will also
      Bloomberg  -  294 words
    • 207 12 [KUALA LUMPUR] India's fifth-biggest lender. Bank of Baroda, is expected to set up its branch office here by the middle of this year, according to a report in Malaysia's Business Times. Bank of Baroda, which currently has a representative office
      207 words
    • 372 12 Indonesia's budget deficit 1 of GDP Bloomberg. AFP INDONESIA'S budget deficit in 2006 was one per cent of gross domestic product (GDP), lower than its target of 1.3 per cent. Finance Minister Sri Mulyani Indrawati said. The government had a shortfall of 32.1 trillion rupiah (555.51 billion) last year, Dr
      Bloomberg.; AFP  -  372 words
    • 2524 12 VOl Hmi W- C888) ASM Realty 1.48 004 114 AbricBhd „_j0JO -001 110 Acplndustrtti 1.32 0.06 497 Advance Synergy .0.23 0.01 S21 Adventa Bhd .unch unch 0 Ae Multi Hldgs 0 39 0 01 134 Affin Holdings 1.92 unch 662 Ahmed Zaki Resou 2 3 0.09 13 AicCorp
      2,524 words

  • GREATER CHINA
    • 779 13 City beats Las Vegas as top gambling market, with US$6.8b takings in 2006 Bloomberg [BEIJING] The Hotel Lisboa used to be the only game in Macau. The bird-cage-shaped casino has welcomed Chinese playing baccarat, blackjack and sic bo an
      Bloomberg; FILE PHOTO  -  779 words
    • 58 13 [HONGKONG] Tennis players (from left) Caroline Wozniacki of Denmark, Zheng Jie of China, Kim Clijsters of Belgium, Maria Sharapova of Russia, Patty Schnyder of Switzerland, Svetlana Kuznetsova of Russia, Elena Dementieva of Russia, Nicole Vaidisova of Czech Republic and Yan Zi of China at a cocktail function for
      REUTERS  -  58 words
    • 541 13 Only 40 firms yet to undergo changes that have revived mainland markets [BEIJING] The China Securities Regulatory Commission (CSRC) approved nontradable share reform plans of 32 companies at the weekend, leaving just 40 mainland-listed companies yet to embark on the reforms that have revived
      541 words
    • 337 13 Turnover reached US$244b in 2006: Goldman Sachs Bloomberg [HONG KONG] China surpassed Hong Kong to become the world's largest market for warrants by value in 2006, as demand for derivatives outstripped supply, Goldman Sachs Group Inc said. China's turnover for warrants in 2006 reached
      Bloomberg  -  337 words
    • 171 13 Reuters [BEIJING] China expects to attract about US$63.81 billion in actual foreign direct investment (FDI) in 2007, the local Beijing News reported yesterday. The paper cited a report by the Chinese Academy of Social Sciences (CASS), a top government think tank, as forecasting
      Reuters  -  171 words
    • 273 13 Bloomberg [HONG KONG] Shares of Semiconductor Manufacturing International Corp (SMIC), China's biggest chip maker, rose the most in more than two years on speculation that the firm could be the target of an acquisition bid by private equity investors. The Shanghai-based company's
      Bloomberg  -  273 words
  • Page 13 Advertisements
    • 442 13 >at^ 0 NOTICES IN THE MATTER OF THE COMPANIES, CHAPTER 50 ANO IN THE MATTER Of JCIP SINGAPORE PTE. LTD. (Rag. No. *****1814*) (MEMBERS' VOLUNTARY WINDING UP) Af on Extraordinary General Mooting of the rn.mb.rj of JCIP SINGAPORE PTE. LTD. hold on 29 Docombor 2006 Iho following r.solutions wore duly
      442 words
    • 369 13 THE COMPANIES ACT (CHAPTER 50) THE COMPANIES REGULATIONS SECTION 227N/REGULATION 60 NOTICE OF JUDICIAL MANAGER'S MEETING OF CREDITORS Name of Company: Evergieat Construction Company Private Limited (Under Judicial Management) Company No: *****0040Z Take notice that a meeting of creditors in the above matter will be held at 442 Orchard Rood,
      369 words

  • INDIA
    • 416 14 Reuters [MUMBAI] Hutchison Telecommunications International Ltd and India's Essar group differ on their interpretation of a first right of refusal clause in their Indian joint venture, Indian newspapers said yesterday. Hutchison Telecommunications has been approached by various parties to sell
      Reuters  -  416 words
    • 631 14 Exchange wants a global player to join Fidelity as a shareholder Bloomberg [MUMBAI] Multi Commodity Exchange of India (MCX) said it is receiving at least one approach a month from overseas investors seeking a stake in a national market that may double to
      Bloomberg; BLOOMBERG  -  631 words
    • 274 14 Reuters [MUMBAI] Private equity investment in India more than tripled in 2006 as global heavyweights like Kohlberg Kravis Roberts Co and UK-based 3i bought into growing companies. Private equity fund investment in 2006 was U557.46 billion, up from U552.26 billion
      Reuters  -  274 words
    • 452 14 Firm cuts offering size on valuation concerns, disputes Bloom berg [NEW DELHI] DLF Ltd, the Indian real estate company controlled by billionaire Kushal Pal Singh, revived plans for a share sale, reducing the size of an offering derailed by shareholder disputes and valuation
      Bloom berg  -  452 words
    • 292 14 AFP [SEOUL] A deal to sell South Korea's third-largest electronics maker to a consortium led by India's Videocon Industries is in jeopardy because of differences over pricing, its creditors said yesterday. A memorandum of understanding was signed in October to sell Daewoo Electronics
      AFP  -  292 words
  • Page 14 Advertisements
    • 1439 14 > NOTICE OF SEVENTH ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Food Junction Holdings Limited ("the Company") will be held at Orchid Room, Level 2, River View Hotel Singapore, 382 Havetock Road, Singapore *****9, Friday on 26 January 2007 at 10:00 a.m. for the
      1,439 words

  • ASIA-PACIFIC/WORLD
    • 580 15 Ousted PM denies links, points to Muslim separatists from the far south AP, Reuters. Bloomberg [BANGKOK] Thailand's powerful military council yesterday declared that New Year's eve bomb attacks in Bangkok were staged by politicians and renegade army officers loyal to exiled prime minister Thaksin
      AP,; Reuters.; Bloomberg  -  580 words
    • 361 15 NYT [SEOULI The South Korean antitrust agency has formed a task force to investigate the licensing and business practices of the wireless technology company Qualcomm, the latest in a string of legal battles facing the company, officials said on Tuesday. Qualcomm, based in San
      NYT  -  361 words
    • 336 15 Bloomberg [NEW YORK] Large US companies have taken steps to guarantee the independence of consultants who advise their boards on executive pay. Responding to a request by a coalition of pension funds, 18 of the 25 largest companies guarantee the independence of their
      Bloomberg  -  336 words
    • 625 15 A Brooklyn area has been contaminated by fuel soaked soil Bloomberg [NEW YORK] The biggest oil spill ExxonMobil has to answer for isn't the cargo that gushed from the Exxon Valdez tanker into Alaska's Prince William Sound. It's the fuel soaked into the ground beneath a
      Bloomberg; AP FILE PHOTO  -  625 words
    • 438 15 LATEST US DATA AP, Reuters [WASHINGTON] Construction activity in the United States showed further weakness as spending on homes dropped for a record eighth consecutive month, while the ISM index showed a rebound in the US industrial sector. The Commerce Department reported
      AP, Reuters  -  438 words
    • 231 15 Reuters [LONDON] Almost 30,000 Britons are expected to become insolvent in the first three months of 2007 with a third getting in trouble because of excessive Christmas spending, accountants Grant Thornton said yesterday. The firm said its prediction followed a record number of personal
      Reuters  -  231 words
    • WORLD WATCH
      • 56 15 Reuters [NEW YORK] Liberty Media chairman John Malone is gauging the interest of Cablevision Systems Corp's controlling family in selling the Rainbow Media unit, the New York Post reported yesterday. It said the talks amount to "informal chatter between friendly moguls". Rainbow Media is
        Reuters  -  56 words
      • 46 15 Reuters [LONDON] Derek Higgs, author of a landmark report setting standards for British non-executive directors, predicts private equity funds will have to introduce independent scrutiny into their management and give investors more information, the Financial Times reported. —Reuters
        Reuters  -  46 words
      • 75 15 Reuters [STOCKHOLM] Investor AB, the investment vehicle of Sweden's Wallenberg family, has rejected a bid approach for lawn mower and chainsaw maker Husqvarna, newspaper Dagens Nyheter reported yesterday. Investor, which has made headlines in recent months with its fight against German MAN's hostile bid for
        Reuters  -  75 words
      • 70 15 AP [NEW YORK] The Wall Street Journal introduced a smaller, re-designed format on Tuesday that publisher Dow Jones Co hopes will save money and help make the paper more appealing to a wider base of readers, especially younger ones. Dow Jones says the narrower
        AP  -  70 words

  • AVIATION
    • 593 16 It'll start talks with up to 5 potential investors, including foreign airlines Bloomberg [JAKARTA] PT Garuda Indonesia, the nation's biggest airline, expects to raise around US$3OO million this year from a stake sale to help fund its expansion plans, said president-direc-tor Emirsyah
      Bloomberg; AFP  -  593 words
    • 421 16 Bloomberg [FRANKFURT] Fraport AG, the owner of Frankfurt airport, plans to spend as much as 300 million euros (Ss6o6 million) a year until 2015 to boost productivity and expects to hire more people this year. The money will be used to
      Bloomberg  -  421 words
    • 211 16 Bernama [NEW DELHI] Passengers stranded, busy airspace and flight schedules messed up. This is the nightmare faced by air travellers at the Indira Gandhi International Airport since New Year's Eve as fog continues to blanket the airspace here. As night sets in, the
      Bernama  -  211 words
    • 229 16 AFP [GENEVA] Air crashes worldwide fell to their lowest level in forty-three years in 2006, when the number of air deaths also dropped,by 11 per cent from the previous year, the Aircraft Crashes Record Office said on Tuesday. The Geneva-based body
      AFP  -  229 words
    • 708 16 OTT HUB ETA HUB ETP AkaMwU ***** 1225 504% 1X0 AhwddbU 5Q5M j^O sm nan H gp®"!si •SjBSi •apa 31 m <*° mi »m m CapaTnm m&t Hiat^ Onmd» CA4flj 0040 CA464 0720 Chiang Mai TR129 1*>5 T#n24 0665 s Mill m m eMrtwwMnj Ml»7 220S
      708 words
    • 521 16 S'pore to provide a Fokker 50 and crew to help in search Bloomberg [JAKARTA] Indonesian authorities are still searching for a plane that disappeared two days ago while carrying 102 people to Sulawesi, after reports that said the wreckage and 90 bodies had
      Bloomberg  -  521 words
  • Page 16 Miscellaneous
    • 203 16 CRYPTIC CROSSWORD 26 Magazines block journalist re turning (6) playing instrument (8) DOWN (7) Across: 1 Speedy, 4 Animated, 9 1 Mnthor'c anneal w tahb lin 14 Running brave round top of Cairns, 10 Adorable, 12 Lope, 13 1 Mother s appeal for table lin- t K Basso, 14 Snap,
      203 words

  • SHIPPING
    • 452 17 Rise is biggest since Containerisation Int'l started data in July 1999 Bloomberg [SINGAPORE] AP MollerMaersk and 407 shipping lines increased their capacity to move containers 14 per cent in 2006, the fastest pace in six years, as trade expanded, data
      Bloomberg; FILE PHOTO  -  452 words
    • 354 17 Orders a result of bright outlook for freight rates Bloomberg [ATHENS] Shipowners in Greece, the biggest ship-op-erating nation, placed a record USsl4.3 billion of orders in 2006 amid optimism about the outlook for freight rates, especially for dry bulk, broker George Moundreas Co said.
      Bloomberg  -  354 words
    • 261 17 Bloomberg [SINGAPORE] Samsung Heavy Industries Co, the world's third-largest shipyard, said this year's orders for its vessels and offshore platforms may fall as much as 21 per cent as demand weakens from three consecutive years of records. New contracts may drop to US$lO billion
      Bloomberg  -  261 words
    • 463 17 It builds more ships ordered when their prices jumped from 10-year low Bloomberg [SINGAPORE! Hyundai Heavy Industries, the world's largest shipyard, expects sales to rise to a record this year as it builds more vessels ordered when ship prices rebounded from
      Bloomberg; BLOOMBERG  -  463 words
    • 671 17  -  STRAIT TALK By DAVID HUGHES THE plan was to look ahead this week, to see what the New Year has in store. That will have to wait. Instead, mention must be made of the horrific accidents in Indonesian waters. It turned out the old year
      671 words
    • 294 17 Bloomberg [SINGAPORE] Daewoo Shipbuilding Marine Engineering, the world's third-largest shipyard, said it expects orders for vessels and offshore projects this year to come close to the value of contracts won in 2006. "We are expecting this year's orders to be around last
      Bloomberg  -  294 words
    • 283 17 SGX '000 Jan 3 S$ Vol Ch Offshore.— .0.44 U38 Chum Hup Hldgs .032 unch 1578 CoscoCorp J.46 0.16 ***** Cwt Limited Ml unch 522 Ezra Hldgs 4JO 0.22 533 Freight links .0.09 0.01 ***** Grand Banks unch unch 0 Java Hold Ltd 1.48 unch 337 K1 Venturas.
      283 words

  • EDITORIAL & OPINION
    • 516 18 EDITORIAL AFTER setting a record of U5578.40 per barrel in midJuly 2006, crude oil prices might seem bearish at the start of the new year. The US economy has slowed, partly due to high oil prices. China's measures to cool the economy seem to be
      516 words
    • 887 18  -  Slow future productivity growth virtually ensures a collision between the heavy costs of retiring baby boomers and younger workers' living standards ROBERT SAMUELSON The Washington Post Writers Group THE start of a new year is a good time to take stock, and
      The Washington Post Writers Group; BLOOMBERG  -  887 words
    • 849 18  -  THE BOTTOM LINE MATTHEW LYNN Bloomberg ONE million? Two million? Or maybe 50 million? Over Christmas, London's financial community was awash with talk of bonuses, which kept touching stratospheric levels. The two questions usually posed are about how much money firms such
      Bloomberg  -  849 words
    • 826 19  -  As the economies of this region mature, huge additional amounts of financial assets will become available to investors ANTHONY ROWLEY Tokyo Correspondent IT IS the time of year when many investment pundits like to take a retrospective look at how various markets performed in the old
      REUTERS  -  826 words
    • 956 19  -  By JACK WEATHERFORD IN HIS final televised speech to the Iraqi people in 2003, Saddam Hussein denounced the invading Americans as "the Mongols of this age", a reference to the last time infidels had conquered his country, in 1258.
      956 words
    • 714 19  -  LETTERS TO THE EDITOR Tan Lye Huat FCMA,FCCA, C Dir (UK) CEO HIM Governance Pte Ltd Singapore FURTHER to your article, "Isetan board candidate speaks up" (BT, Dec 29), I would like to add the following: Michelle Quah is correct in her assertion
      714 words
    • 122 19  -  John Gollifer Senior Vice-President Head. Corporate Communications and Investor Relations Singapore Exchange Limited WE REFER to the news article, "SGX raises bar with CEO pay details", by Michelle Quah (BT, Dec 27). Thank you for giving us the opportunity to clarify that the performance indicators include non-finan-cial
      122 words


  • FOCUS: EQUITY MARKETS
    • 633 20  -  Trading was brisk with market closing yesterday at 1,117.09, up 1.9% By PAULINE NG in Kuala Lumpur MALAYSIA'S stock market rose 1.9 per cent yesterday, continuing a rally which began in the second half of last year. The flying start to the New
      AFP  -  633 words
    • 1056 20 Dow Jones Stoxx 600 Index will move up by 7.6% in 2007 compared to 18% last year, strategists' survey shows Bloomberg [BRUSSELS] EUROPEAN stocks are set to climb at the slowest pace in five years as the European Central Bank raises interest
      Bloomberg  -  1,056 words
    • 597 20  -  By SIDDHARTH SRIVASTAVA in New Delhi THE number of initial public offerings (IPOs) at India's National and Bombay stock exchanges has topped that at the New York Stock Exchange (NYSE) or the London Stock Exchange (LSE), according to a survey by Ernst Young
      AP  -  597 words
    • 478 20 Bloomberg [NEW YORK] Emergingmarket stocks may lead global equity returns for a sixth straight year because consumers from China to Brazil are becoming wealthy enough to propel economic growth even as demand for their exports slows. Investors are targeting telephone companies and
      Bloomberg  -  478 words

  • 10406 21 SGX MAINBOARD 52-Wk Id Last Vol Day LaitQuote Dtv GrVM Nat MCap High low Coda Cowipany Sale fOOO) High Low hy Safer Cvr Wt Swill 3.5 1 5716 1st Software 2 susp 8.1 115 6 3148 8Telecom 9 +05 1648 9 8 9 9.5 4.9 2.1 9.5 43.1
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  • Page 21 Advertisements
    • 32 21 Trade from 20% deposit (5 x leverage) on most stocks Go long or short Competitive financing rates In aH markets Access to Asian, US, Euro stocks Select Exchange Traded Funds and indices
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  • 5504 22 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES to tool am to SS In US! %4f %y» &r dy *yr toii IfiAtt Oumi Chang* ChfKf OtoHfl» Chanqt Chang« 1105,5 04 14J 05 93 a? 188 t Wtpwtimifwy ***** 0.9 14.8 13 153 1.5 253 6nnPwllinina»y 1513.1 13 174 17 222 2.0
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  • Page 23 Advertisements
    • 872 23 UK CONTINENT SERVICE U.S.A SERVICE Destination Destination DD SUCCESS RDM/ATW/BMN/TLB/NAN XU CHANG HAI LAX/VCW/MZL v AURORA SAPPHIRE CAM/NFK/NOi/SAV Loads Singapore, E./W. Malaysia, Indonesia j Loads E./W. Malaysia, Indonesia MIPPLE EA T SERYICE F.E./S.E.A. SERVICE Destination VANGUARD D6I/ABU/DOH/BRN/DMM/KWT Destination PAN VOYAGCR eZPRSP""™™ V STXPQTBN NC/BSN Loads Singapore, E./W. Malaysia, Indonesia Loads
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  • Biz IT
    • 818 26  -  New technologies and the proliferation of broadband are accelerating convergence in industry, PwC official tells AMIT ROY CHOUDHURY AMIT ROY CHOUDHURY SINGAPORE'S IT growth in 2007 will be driven partly by the government's initiatives in the sector and by technology companies using the
      818 words
    • 538 26  -  The MINDS initiative receives $92,400 under Samsung's Digital Hope programme By WINSTON CHAI A PICTURE speaks a thousand words. This age-old saying is the premise behind a new technology project that could dramatically improve the lives of the intellectually-disa-bled. The initiative
      538 words
    • 436 26 AP [PARIS] France's governing party started a web-based primary on Tuesday, a first in a presidential campaign where the Internet has acquired an unprecedented importance. The UMP party primary is not likely to be a nail biter: with only one candidate, Interior
      AP  -  436 words
    • 262 26 Bloomberg [SAN FRANCISCO] Worldwide sales of semiconductors rose 11.3 per cent to U5522.7 billion in November from a year earlier, as economic confidence led to increased sales of consumer products such as digital cameras. Global chip sales rose 3.1 per cent in November
      Bloomberg  -  262 words
    • 205 26 Bloomberg 9 [SAN FRANCISCO] Apple Computer, Google and Napster Inc were sued by online movie distributor Intertainer Inc and accused of infringing a patent on a way to distribute digital entertainment over the Internet. Apple, maker of the iPod music player; Google, the
      Bloomberg  -  205 words
    • 393 26  -  By AMIT ROY CHOUDHURY GREG Unsworth, PricewaterhouseCoopers* Singapore-based partner and Asia Pacific technology industry leader, says a number of key trends will impact the technology sector in 2007 and beyond: Convergence through digitisation: this will driven largely by proliferation of broadband,
      393 words

  • PROPERTY
    • 597 27 Influx of global firms boost demand for high-end rented homes Reuters [MUMBAI] Up a flight of creaky wooden stairs, Indian real estate agent Hemant Surve guides a prospective renter around a damp two-bedroom apartment overlooking the sea in the country's teeming financial capital. Flaking
      Reuters  -  597 words
    • 642 28  -  Up to 16 properties with over 4,000 units to come on the market: CBRE By UMA SHANKARI ARTHUR SIM WITH property prices on their way up at least at the top end of the market developers are rushing to launch their projects to
      ARTHUR LEE  -  642 words
    • 321 28 A FREEHOLD development on Thomson Road in highly sought-after District 11 has been put up for collective sale by tender with a price tag of between $62.2 million and $68.2 million. Property firm Credo Real Estate, which is marketing the
      321 words
    • 1766 28 PROJECTAAMB PROP CONTRACT TENURE BUIIMNAREA PRICE PSF «K>JECT*Md8 PROP CtWTWCT TENURE SWNNAREA *IKE PSF I PfDJKTHWS/ CtHIT¥0 TENURE IUOHNAICA RCE PSF STREET HAME TYPE DATE (SQFT) ($$000) fSj) STRttTNAMf PE PAtt SQFT) gfl STREETNAME 'fPf QATt SOFT) 'SPX
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  • Page 27 Advertisements
    • 85 27 Expats Haven. Spectacular View of the Historical River, City Skyline/ Vibrant Lights by the Riverbank. PRIME CBD REDEVELOPMENT SITE FOR SALE BY EXPRESSION OF INTEREST i in' 11 mtt mr ft s, I Actual 4 r storey view from subject site J»* ***** Suitable for Residential/ Office Hotel use Ei
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    • 76 27 Prime Strata Floors For Sale GB Building 5,425 sq. ft. The Octagon 6,000 sq. ft. Suntec Tower various sizes Other prime CBD office shophouse units Prime Office Space For Lease Anson House from 1,400 sq. ft. onwards GB Building 5,425 sq. ft. available immediately 998 1008 Amoy Street 3,750 sq.
      76 words
    • 121 27 1 > 3 adjoining plots potential SL «5 Total ,and approx. 41,463 sf St Andrew 1 ApSTSkt I'SStffWv sJ 999 yrs, GPR 2.8 Up to 36 storeys m J J^LfixohT^^ (J>n _Vl Within 1 km of St. Andrew's Village Closing on 11 Jan '07 (Thu), 2.30pm HOB Hub To* Peyoh
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  • Page 28 Advertisements
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