The Business Times, 5 March 2007

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Microfilm: NL27342
Total Pages: 31
1 28 The Business Times
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  • Title Section
    Lock icon Masthead
    32 1 The Business Times SINGAPORE 85 cents MICA (P) 202/12/2006 Monday, March 5,200 The Business Times SINGAPORE 85 cents online at http://lMJsiness-times.asialxom.sg A SINGAPORE PRESS HOLDINGS PUBLICATION MICA (P) 202/12/2006 Monday, March 5,2007
    32 words
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      25 1 DEVELOPERS Ml Talk about One Raffles ONE RAFFLES QUAY... A coming of age for Singapore's financial district ONE RAFFLES QUAY Inauguration Photographs One raffles quay
      25 words
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  • Article, Illustration
    Lock icon Emaar, India's MGF team up to make cash offer for RSH
    743 1  -  With their $1.05 a share takeover offer, they value the Singapore retailer at $370 m By UMA SHANKARI [SINGAPORE] Dubai-based Emaar Properties and Indian real estate developer MGF group yesterday said they have teamed up to make a voluntary
    File photo  -  743 words
  • Article
    Lock icon Boom market spurs 20% staff turnover in HK financial services
    573 1  -  Regulator admits difficulty keeping talent in hot sector By JANE MOIR in Hong Kong THE capital markets boom has seen staff turnover of up to 20 per cent in Hong Kong's financial services sector, forcing companies and regulators to pay
    573 words
  • Article
    Lock icon MARKETS DIGEST
    130 1 MARKETS WMk Chg« ST) 3078.74 -231.70 KLCOMP 1164.68 .-118.79 NIKKEI 225 *****.93 -970.49 HANG SENG *****.01 ....-1269.64 SET INDEX 679.02 -11.74 JAKARTA COMP ...1760.02 -31.53 MANILA COMP ...3140.34 -249.03 TAIPEI TAIEX 7630.15 SEOUL COMP 1414.47 -55.41 SHENZHEN B 493.01 AUSTALLORD 5775.20 -234.10 DOW JONES *****.10 -***** NASDAQ 2368.00
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  • TOP STORIES
    • Article
      Lock icon THREE-MINUTE DIGEST
      398 2 Star Cruises to pull out of Sentosa IR deal MALAYSIAN casino group has unveiled plans to delink its integrated resort project in Singapore from Macau casino tycoon Stanley Ho. Genting International said yesterday that sister firm Star Cruises, in which Mr Ho has a substantial stake, would withdraw
      398 words
    • Article, Illustration
      Lock icon Ministerial panel to tackle issues concerning elderly
      832 2  -  5-year target to get 65% employment for people between 55-64 years of age By AMIT ROY CHOUDHURY [SINGAPORE] Re-employ-ment of elderly workers and even possible legislation to raise the retirement age are among measures that a new high-powered Ministerial Committee on Ageing will
      832 words
    • Article, Illustration
      Lock icon Choice Homes ready to take on other developers in bid for land
      684 2  -  But projects will remain mass market and units will stay affordable: CEO By UMA SHANKARI [SINGAPORE] NTUC Choice Homes will compete head-to-head with other property developers as it looks to build up its land bank for mass market
      YEN MENG JIIN  -  684 words
    • Article
      Lock icon Worries at home and abroad
      1047 3  -  WALL STREET INSIGHT While most analysts point to solid fundamentals, investors may be bracing for another rollercoaster ride this week By ANDREW MARKS in New York THE end of the worst week on Wall Street in four years brought little relief to US equity investors,
      1,047 words
    • Article
      Lock icon Star Cruises to pull out of Sentosa IR deal
      287 3 Move leaves Genting Int'l in full control Reuters [SINGAPORE] Genting International said sister firm Star Cruises would withdraw from the 555.2 billion Sentosa integrated resort deal, leaving the gaming company in full control. Continuing its attempts to placate Singapore authorities unhappy
      Reuters  -  287 words
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  • COMPANY NEWS
    • Article
      Lock icon Bonds safer after recent stock plunge
      667 4  -  HOCK LOCK SIEW By OH BOON PING After the stock market plunge last week, investors should now consider bonds instead of hopping onto the equity bandwagon. For one, a rally in bonds here cannot be ruled out given that interest rates may start falling
      667 words
    • Article
      Lock icon Revaluations, asset sales boost developers' 2006 results
      511 4  -  By UMA SHANKARI RIDING a recovery in the property market, listed developers here posted better earnings in 2006 but their bottom line was also boosted by revaluation surpluses and asset sales. And in light of the buoyant property market, oneoff gains will once
      511 words
    • Article
      Lock icon Corporate profits for 2006 up by 40%
      680 4  -  456 SGX-listed firms post a total of $25.21 b in earnings By CONRAD TAN CORPORATE earnings grew more than 40 per cent last year, boosted by strong gains in the property, banking and energy sectors, with more than half of pub-lic-listed companies reporting
      680 words
    • Article, Illustration
      Lock icon Sam Goi to be YHS's special adviser
      309 4  -  By AMIT ROY CHOUDHURY HOME-grown food and beverage company, Yeo Hiap Seng (YHS) Ltd, has appointed Sam Goi Seng Hui, executive chairman of Tee Yih Jia Food Manufacturing Pte Ltd, as special adviser for its China food and beverage business. Mr Goi will
      309 words
    • Article
      Lock icon Top 150 Results for full year ended Dec 2006
      1202 5 EARNINGS (Sim) i TURNOVER (SSm) COMPANY CURRENT PREVIOUS j CHNG CURRENT PREVIOUS CHNG UOB 2570.00 1709.00 50.4 4837.00 3761.00 285 DBS Grp 2175.00 1649.00 31.9 5344.00 4338.00 23.2 OCBCBk 2002.00 1298.00 54.2 3840.00 2887.00 33.0 SembCorpInd 1029.77 303.30 239.5 7485.85 5770.60
      1,202 words
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      1670 4 SOLITAIRE CAPITAL LIMITED (Company Registration No: *****806R) (Incorporated in the Republic of Singapore) NOTICE OF MEETING OF HOLDERS OF THE $$100,000,000 FIXED RATE GUARANTEED BONDS DUE 2011 Trust Deed dated 13 July 2001 (the "Trust Deed") Between Solitaire Capital Limited (the "Company") Singapore Aircraft Leasing Enterprise Pte. Ltd. (the "Guarantor")
      1,670 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Market volatility set to remain high this week
      669 6  -  STOCKS R SIVANITHY Senior Correspondent IT'D be fair to say that the question on everyone's minds after last week's plunges is either "shall I cut my losses?" or "is it time to buy?" both of which are other ways of asking whether
      669 words
    • Article, Illustration
      Lock icon The contra effect warrants caution
      167 6 CHART POINT SINCE the market peaked at 3,316 on Feb 26, the Straits Times Index has lost a total of 229 points (-6.9%) as of last Friday's close. With the price action mirroring market trends witnessed during the last major correction in May 2006, references
      Source:Reuters  -  167 words
    • Article, Illustration
      Lock icon BROKERS' RECOMMENDATIONS
      1832 6 Consensus No.of Forecast Mean Frfs recommendation esti- EPS PE target price Company name This wk Last mth mates (cents) (ratio) price Allco Commercial REIT 1.33 1.40 6 5.06 25.48 1.50 1.19 Allgreen Properties 2.78 2.11 9 6.30 25.09 1.52 1.59 Ascendas REIT 3.00 3.00 14 12.06 19.98 2.52
      1,832 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      1169 6 twfmm b Mi ta h|«rt Ei 1Mb Pay lot Mi dm mL. fati o— Action Am ax «4% 004% 171% OeeanS*y b i«0 114% 164% Aa**»»l*tf> y~T« 104* MM* 19 May OfHtdgi < i» itM* 174% 29Mar Mjw < 400 044% AM* ?>M«y out it® OOM* MM) 294%
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    • Article, Illustration
      Lock icon Portfolios weaker in line with market
      1361 7  -  TEH HOOI LING Senior Correspondent What a turbulent three weeks we've had. Singapore's marketfriendly Budget followed by the Chinese New Year rally sent local stocks to its new rectmi for the umpteenth time in the last few months. Then out of the blue, speculation
      1,361 words
    • Article, Illustration
      Lock icon Buyers outweigh sellers by big margin
      1288 7  -  INSIDE MARKETS Notable trades last week involved Aztech, Haw Par, IFS Capital, Koda and CitySpring By ROBERT HALILI THE trading by directors and substantial shareholders was very high following the Chinese New Year break with 77 trades worth $64 million based on filings with
      1,288 words
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  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon THE GREEN CHALLENGE
      3198 8 THIS WEEK'S TOPIC How concerned are business executives in Singapore and the region about the clangers of global warming? What can be done to the level of Alex Chan Executive Director, MMI Holdings Ltd BUSINESSES in Singapore are aware of global warming, even though as a tropical
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      44 9 Skywards. The award-winning frequent flyer programme. 'Rewards apply to Gold and Silver members. Guaranteed seat reservations for Gold members only. Valid until 31st March 2007. For more details contact Emirates on 6735 3535 or visit 600 North Bridge Road, Parkview Square #11-01, Singapore *****8.
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon S'poreans splurge this CNY
      233 11 SINGAPOREANS are feeling more bullish in the Year of the Pig, a survey by market information group TNS (Taylor Nelson Soffres PLC) has found. Consumer spending overall increased this Chinese New Year holiday, as well as the amount in hongbao or "red packets" given away. "This
      YEN MENG JIIN  -  233 words
    • Article
      Lock icon EVENTS LISTING
      180 11 DATE/ TIME EVENT VENUE 5-6 Mar 07 Digital Marketing 2.0 Grand Copthorne 9.00am Conference Waterfront Hotel 6 Mar 07 How to Plan Your Business Library@orchard 7.15pm 6-9 Mar07 HRSingapore Seminar- Bayview Hotel 9.00am Trainer Certification Course 7 Mar 07 Customer Service Skills for Effective Outsource 9.00am Admin HR
      180 words
    • Article
      Lock icon Maybank to offer post-graduate study loans
      148 11 MAYBANK will offer special loans designed for postgraduate students at its newly reopened Northbridge branch, as part of its wider scheme to promote the branch's educational loan facilities. The loan package comes with an interest rate of 3.88 per cent per year, a deferred
      148 words
    • Article
      Lock icon Chee Hean's response to MP query on civil service pay
      183 11 THE private sector benchmarks used to determine civil service salaries are based on only the annual and performance-related components. "The salary comparisons are based on the total annual salaries, which include all annual and performance related components. There are no
      183 words
    • Article, Illustration
      Lock icon Psychometrics picking up steam among firms
      587 11  -  Some use the tests to ensure candidates fit their corporate culture By OH BOON PING FEW local organisations now use psychometric tests to recruit staff but that could change. "I believe it will slowly pick up among smaller firms," says GMP Group chief executive
      587 words
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • Article, Illustration
      Lock icon Mixed outlook so tread cautiously
      732 12  -  DANIEL BUENAS looks at how Citigroup analysts view prospects for the bond and alternative investment markets this year Daniel Buenas Source: Cngroup Global Wealth Management Investment Strategy Commitee OVER the last few weeks, we've taken a look at what this year might hold for the
      Source: Cngroup Global Wealth Management Investment Strategy Commitee  -  732 words
    • Article, Illustration
      Lock icon Brownie passion pays off
      823 12  -  CAMPUS LIFE Jason Low talks to two budding student entreprenuers who ventured into the baking business JASON LOW IT all started with endless brownie experiments or "fun sessions" as the pair would say, but Paul Liu and Joshua Tan are in for some serious business right
      YEN MENG JIIN  -  823 words
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      249 12 Be smart with your finances FANCY becoming the next Warren Buffett or George Soros? Or even the famous Robert Kiyosaki? Then read on. The Young Investors' Forum, part of the BT-Citibank Tertiary Outreach Programme, isn't another dry page out of your financial textbook. To complement our editorial content, we have
      249 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Globalisation hasn't hurt Fed's ability: Bernanke
      656 13 But he adds it has complicated the task of analysing financial conditions AP [WASHINGTON] Globalisation has not hobbled the Federal Reserve's ability to influence economic activity at home by lowering or raising interest rates, Fed chairman Ben Bernanke said. However, he added on Friday,
      AP; BLOOMBERG  -  656 words
    • Article
      Lock icon Yen surge catches many off-guard
      477 13  -  Hedge funds, speculators incur losses of billions of dollars, say dealers By NEIL BEHRMANN in London THE surge of the yen last week caught hedge funds and other currency speculators on the wrong foot, according to dealers. Dealers estimate that hedge and currency funds, proprietary
      477 words
    • Article, Illustration
      Lock icon US may not have balanced Budget by 2012
      384 13 Bloomberg [WASHINGTON] President George Bush probably won't be able to keep his promise to balance the government's books by 2012, according to the Congressional Budget Office. The nonpartisan agency said on Friday that the administration's Budget plan would increase the deficit by
      Bloomberg  -  384 words
    • Article
      Lock icon China may open bond market to foreign firms
      523 13 Reuters [BEIJING] China will allow foreign firms to issue yuandenominated bonds probably this year as part of efforts to ease upward pressure on the currency by stemming capital inflows, a senior central banker said on Saturday. Wu Xiaoling, deputy governor of the
      Reuters  -  523 words
    • Article
      Lock icon US, India, EU try to advance global trade talks
      254 13 Reuters (LONDON] Ministers from trade powers tried yesterday to push forward talks for a long-delayed deal to boost global commerce and ease poverty. The top negotiators of the US. the European Union and India held bilateral discussions in London over the
      Reuters  -  254 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon EPF shouldn't be bidding for RHB
      687 14  -  MALAYSIA INSIGHT As a pension fund for private sector retirees, it shouldn't risk their money S JAYASANKARAN KL Correspondent THE Employees Provident Fund (EPF) is getting into the mergers acquisition game. But its plan to acquire the Rashid Hussain Berhad (RHB) financial services group
      687 words
    • Article
      Lock icon Kuwait Finance House to bid for RHB Group: paper
      276 14 Reuters [KUALA LUMPUR] Kuwait Finance House (KFH) intends to launch a general offer for Malaysia's fourthlargest banking group, RHB Group, the Star newspaper reported on Saturday. Kuwait's largest Islamic lender by market value has written to Bank Negara and Utama Banking
      Reuters  -  276 words
    • Article
      Lock icon S'pore seeks clarification on Indon sand exports
      152 14 [SINGAPORE] Singapore's Ministry of Foreign Affairs said yesterday that an Indonesian minister's comments about the sand export ban are "puzzling and disappointing". "They clearly contradict categorical assurances we had received in public as well as in private from Foreign Minister Hassan Wirajuda that
      152 words
    • Article
      Lock icon Foreign funds in Indon securities swell
      463 14  -  By LAUREL TEO in Jakarta FOREIGN investors have put an increasing amount of money into Indonesian financial instruments in the past year. In some asset classes the increase is by more than 50 per cent, new figures show. And the overseas investors are particularly
      463 words
    • Article, Illustration
      Lock icon Proton, VW talks hit bumpy patch: report
      355 14 AFP [KUALA LUMPUR] Talks between troubled Malaysian carmaker Proton and German giant Volkswagen AG that began last year have hit a bumpy patch, a report said on Sunday. The Edge business weekly newspaper said that officials from Proton and Volkswagen had met several
      AFP; AP  -  355 words
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      61 14 Cunfad Gourmands have described the succulent white meat as the epitome of exquisite taste from the sea. Take this opportunity to submerse yourself in the taste of imported South African Abalone stewed with sea cucumber ($22.80 or Braised Shark's Fin topped with Abalone ($26.80 for a gastronomically aquatic experience. Dinner:
      61 words
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  • GREATER CHINA
    • Article, Illustration
      Lock icon China plans 17.8% defence budget increase
      476 15 NATIONAL PEOPLE'S CONGRESS Beijing says it won't enter arms race with any country Reuters [BEIJING] China plans to boost military spending by 17.8 per cent in 2007, continuing the emerging power's stretch of double-digit annual increases in money for missiles, tanks and the building
      Reuters; REUTERS  -  476 words
    • Article
      Lock icon Xinhua Finance Media to test US IPO market
      617 15 Reuters [NEW YORK] A Chinese media and advertising company set to list in the United States will test investor enthusiasm for Chinese stocks this week after a recent plunge in the country's share markets triggered a global sell-off. Xinhua Finance Media Ltd,
      Reuters  -  617 words
    • Article
      Lock icon Effect of China corporate tax law not clear
      686 15 Foreign companies will face higher tax costs, but may benefit in long run Reuters [BEIJING] Oil the face of it, the outcome of the corporate income tax law that China is likely to pass at the upcoming session of Parliament should be
      Reuters  -  686 words
    • Article
      Lock icon Taiwan passes bill for stock buys by pension fund
      218 15 Reuters [TAIPEI] Taiwan lawmakers have passed a bill that will permit the government to use an estimated NT$l4O billion (556.25 billion) of a pension fund to invest in the stock market, local media reported on Saturday. The fund could provide a
      Reuters  -  218 words
    • Article
      Lock icon Deputies call for stricter rules on acquisitions by foreign companies
      364 15 Xinhua [BEIJING] China should accelerate its improvement of laws and regulations on mergers and acquisitions of domestic companies by foreign groups, which, if not cautiously handled, might jeopardise the nation's industry security, some lawmakers said ahead of the National People's
      Xinhua  -  364 words
  • Page 15 Advertisements
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      23 15 Want the best price? Hold an auction. Call 1800 289 8822 or email notices@sph.com.sg to book your auction notice in our newspapers now.
      23 words
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      Lock icon Page 15 Advertisements Column 2
      33 15 In the World's Most Dynamic Markets— AEGIS Recruitment is always there. Ready to provide our distinctive recruiting services in Singapore's competitive market, AEGIS Recruitment proudly announces the opening of its first local office.
      33 words
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      Lock icon Page 15 Advertisements Column 3
      30 15 BMT's Provident TRUST BRITISH AND MALAYAN TRUSTEES LIMITED ”A prudent financial resource for your family members" Start up a trust from as Other Services For more information low as $50,000
      30 words
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  • India
    • Article, Illustration
      Lock icon India's Tata and Corns to merge next month
      594 16 The deal comes up for approval at shareholder's meeting on Wed AFP [NEW DELHI] Anglo-Dutch steelmaker Corus will merge with Tata Steel next month once the Indian company's shareholders approve the USsl3.7 billion takeover, chairman Ratan Tata said on Saturday. The deal,
      AFP  -  594 words
    • Article
      Lock icon STOCKS ASIA
      2854 16 Transaction date: Mar 2 For a full listing of the closing prices, log on to BT Online at http://business-times.asia 1 .com.sg after 11.30pm every trading day HONG KONG v<» HKS *1- 000 Aeon Credit 6.86 unch 0 Aeon Stores .9.65 -0.35 22 Angang Steel 12.24 -0.06 7417 Anhui
      2,854 words
    • Article
      Lock icon ICICI Bank to regroup insurance assets
      307 16 Bloomberg [NEW DELHI] ICICI Bank Ltd India's biggest by market value and in which Singapore investment company Temasek Holdings has a stake plans to transfer investments worth 19.5 billion rupees (***** million) in its asset management and insurance units to a proposed wholly owned
      Bloomberg  -  307 words
    • Article
      Lock icon Tycoon Birla to spend 26b rupees to raise Hindalco stake to 34%
      408 16 He plans to buy 67.5 m shares and 80m warrants Bloomberg [MUMBAI] Billionaire Kumar Mangalam Birla plans to raise his stake in Hindalco Industries Ltd, India's biggest aluminium-maker, in order to remain as a majority shareholder as the
      Bloomberg  -  408 words
    • Article
      Lock icon Starbucks steams at 'Starstrucks' chain of coffee shops
      214 16 Reuters [MUMBAI] Starbucks Corp is opposing Indian entrepreneur Shahnaz Husain's plans to start a chain of coffee shops called Starstrucks, the Mint business paper reported. The US coffee shop chain has told India's Con-troller-General of Patents. Designs and Trademarks that the name
      Reuters  -  214 words
    • Article
      Lock icon BG India to spend US$l b in India over five years
      216 16 Reuters [NEW DELHI] BG India, the local arm of Britain's BG. will invest US$l billion in India over the next five years, the unit's managing director said on Friday. "Since we came into India we have invested virtually a
      Reuters  -  216 words
    • Article
      Lock icon Bharti researching use of Wal-Mart name
      240 16 Reuters [MUMBAI] India's Bharti Enterprises is doing market research on whether to use the Wal-Mart brand name for a proposed retail network, the Mint business paper said on Friday. Bharti is finalising a joint venture with Wal-Mart Stores Inc for cash-and-carry and the back-end
      Reuters  -  240 words
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  • MIDDLE EAST
    • Article
      Lock icon Qatar telco buys 51 % stake in Kuwaiti firm
      582 17  - Qatar telco buys 51 stake in Kuwaiti firm US$3.7b deal for Wataniya Telecom will give Qtel access to markets in 11 countries By CLARENCE MICHAEL in DUBAI QATAR Telecommunications Co (Qtel) has announced that it will acquire Kuwait's National Mobile Telecommunications Co (Wataniya Telecom) for approximately US$3.7 billion, in the
      582 words
    • Article, Illustration
      Lock icon Abu Dhabi maps out major plans to attract business tourists
      292 17 [ABU DHABI] Abu Dhabi plans to launch a major thrust on the business tourism front within three years, Emirates Today reported yesterday. "We are currently putting the necessary infrastructure in place. Business tourism planning is often carried out two or
      REUTERS  -  292 words
    • Article
      Lock icon Saudi Arabia awards US$1.9b power-water deal
      475 17  -  By HABIB SHAIKH inJEDDAH A CONSORTIUM comprising ACWA Power Projects, Gulf Investment Corporation and Mitsubishi Corporation has signed agreements worth an estimated US$l.9 billion with Saudi Arabia's Water and Electricity Co (WEC) for the setting up of the Shuqaiq Independent Water and Power Project
      475 words
    • Article
      Lock icon UAE nabs 21 people on suspicion of money laundering
      242 17 Suspects come from 9 firms whose assets are now frozen AFP [DUBAI] The United Arab Emirates has arrested 21 employees of nine companies operating in the oil-rich state on suspicion of money laundering, local media reported yesterday. An 18-month investigation revealed
      AFP  -  242 words
    • Article
      Lock icon UAE says it won't revalue currency unilaterally
      370 17 Reuters [DUBAI] Gulf countries will decide whether to revalue their currencies at their next meeting in April, but the United Arab Emirates will not revalue separately, the UAE central bank governor said on Saturday. "We will come to a conclusion (about revaluation) at
      Reuters  -  370 words
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      2 17 Charting directions
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      742 17 Cats Notices IN THE MATTER OF THE COMPANIES ACT CAP AND IN THE MATTER OF UNION UNITED PTE. LTD. MEMBERS' VOLUNTARY WINDING-UP At an Extraordinary General Meeting of the Company duly convened and held at 133 New Bridge Road #16-08 Chinatown Point. Singapore *****3 on 26 February 2007 at 10.00
      742 words
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  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon US businesses to invest US$3b in Philippines this year, says report
      201 18 AFP [MANILA] US investors are planning to invest up to US$3 billion in the Philippines this year as the economy continues to strengthen, media reports said yesterday. The American Chamber of Commerce of the Philippines (AmCham) said that investors
      AFP  -  201 words
    • Article, Illustration
      Lock icon Thai GDP growth may hit 5-yr low
      686 18 Sagging exports, low investor confidence are slowing economy AFP [BANGKOK] Thailand's economic growth could slow to its worst rate in five years as investor confidence sags and exports are hit by a strong baht, analysts say. The Bank of Thailand did not release
      AFP  -  686 words
    • Article
      Lock icon IMF to try to reassert influence
      433 18 It's looking at ways to get countries to heed its advice Bloomberg [WASHINGTON] John Lipsky, the International Monetary Fund's No 2 official, said the organisation is looking at ways to get countries to heed its economic advice as global demand for its loans wanes.
      Bloomberg  -  433 words
    • Article
      Lock icon Citigroup may sell Nikko's finance arm, says report
      326 18 Reuters [TOKYOl Citigroup is considering the sale of Nikko Cordial Corp's principal finance arm if it acquires the scandal-hit Japanese brokerage group, the Nikkei business daily said yesterday. Citigroup is in talks to increase its stake in Nikko Cordial, which faces a
      Reuters  -  326 words
    • Article, Illustration
      Lock icon Asia in driver's seat at Geneva auto show
      651 18 AFP [GENEVA] The Geneva Motor Show, traditionally neutral ground for the industry, will present outward signs of the shifting global balance of power among automotive giants when its doors open to the public on Thursday. The organisers were highlighting the small but
      AFP; AP  -  651 words
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      1159 18 Cats Notices IN THE MATTER OF THE COMPANIES ACT, CAP 50 ("the Act”) AND IN THE MATTER OF BNS INVESTMENT MANAGEMENT PTE LTD Com oan v") (Co. Reg. No. *****0400G) Notice of Resolutions for Members' Voluntary liquidation (Pursuant to Section 290) At an Extraordinary General Meeting of the Company held
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  • World
    • Article
      Lock icon Companies to disclose more on CEO pay
      652 19 Companies will also have to reveal how much CEOs get if they are forced out Reuters [NEW YOBKI Investors will be getting a lot more information about CEO pay and perks this year as part of revised regulatory disclosures. Companies will also have
      Reuters  -  652 words
    • Article, Illustration
      Lock icon NYSE seeks relief from SEC rules
      448 19 It asks for time to route orders to rival bourse Reuters [NEW YORK] NYSE Group which operates the New York Stock Exchange, has requested relief for one month from compliance with certain securities regulations taking effect today. This would be the second delay requested
      Reuters; AFP  -  448 words
    • Article, Illustration
      Lock icon US oil firm sues to evade govt royalties
      720 19 Washington stands to lose US$60b if Anadarko wins NYT [WASHINGTON] One of the nation's biggest oil producers in the Gulf of Mexico is pressing ahead with a lawsuit that could, if successful, allow energy companies to avoid as much as US$6O billion
      NYT; REUTERS  -  720 words
    • Article
      Lock icon Untitled
      246 19 STRAITS TIMES INDEX STOCKS Stock name Wt Close Chang* Allgreen 0.53 1.590 0.040 Ascendasreit 0.91 2.290 -0 050 CapitaComm 0.61 2.720 CapitaLand 4.87 6.850 -0.350 CapitaMall 0 96 3.300 0.060 Chart SemiCond 0.91 1.550 +0.010 CityDev 2.81 13.300 -0.100 ComfortDelGro 1.36 1.770 -0.040 CoscoCorp 0.96 2.670 -0.040 Creative Tech 0.27
      246 words
    • Article
      Lock icon Cisco to buy tech assets of Tribe.net: sources
      532 19 NYT [SAN FRANCISCO] Cisco Systems, a Silicon Valley heavyweight, is expected to announce one of its most unusual deals this week. It is buying the technology assets of Tribe.net, a mostly forgotten social networking site, according to people close to the companies'
      NYT  -  532 words
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  • AVIATION
    • Article
      Lock icon National conflicts a poison for Airbus, says CEO
      316 20 AFP [LONDON] European governments are haggling over the spoils of the troubled aircraft maker without any thought for its future, Airbus chief executive Louis Gallois told the Financial Times on Saturday. "1 was very surprised to see that every government, the British,
      AFP  -  316 words
    • Article, Illustration
      Lock icon US and Europe to ease limits on routes
      613 20 They have reached preliminary pact aimed at increasing number of flights NYT [PARIS] Negotiators for the European Union and the United States on Friday reached a preliminary agreement to all but eliminate restrictions on transAtlantic air routes a breakthrough in talks aimed
      NYT; AFP  -  613 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2291 20 cm wi m> iuw hp «M55 1225 «MMl LH9771 1740 LH9770 2350 SOW 17<0 WW OfQ J L***** 0645 IOCS 2315 5Q323 0645 L***** 2345 IO«7 Mfti SQ324 2345 mm SQ348 piOO EK433 0130 LH9766 2100 UL2433 0130 NZ4385 2100 SQ282 0630 SQ285 2100 LH9767 2015
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  • Article
    Lock icon SINGAPORE STOCKS
    11507 21 SGX MAINBOARD Week ended: Mar 2 52-Wk Tel Last Vol Week Last Quote Div GrYM Net MCap High Low Code Cowp—y Sale W- fOOO) High Low Payer Soier Cw P/E Swa 3.5 1 5716 1st Software .2 susp 81 11.5 6 3148 STetecom 9.5 -1 9560 11.5 9
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      35 21 Trade from 20% deposit (5 x leverage) on most stocks Go long or short Competitive financing rate# In all markets Access to Asian, US, Euro stocks Select Exchange Traded Funds, and Indices Competitive Commission charges
      35 words
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  • Article
    Lock icon FINANCE & COMMODITIES
    7005 22 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES klKaicarr to SS In UM p dy yr (ty Xyr »*■> lndm Puny Owng* Chany Chany Chanyt VVgttlrriwPim—y 1QW5 44 -06 -M -10 -0.4 -OS »EtftPrgtminay ***** -03 -01 -03 04 -03 0,0 Eaupe Preliminary 1477.8 -0.1 -1.1 -07 -1J -03 -M ftriic
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      65 23 UK CONTINENT SERVICE U.S.A SERVICE Wallenius Wilhelmsen logistics FREIGHT LINKS EXPRESS PTE LTD Dawn international lines Goodway Agencies (Shipping) Pte Ltd Tel 6743 0746 Fax 6748 9530 www.goodwaylogistics.com MARIANA EXPRESS LINES THE BUSINESS TIMES TO ADVERTISE, CALL MICHAEL CHNG AT 9862 9865 OR BERNARD ONG AT 9675 0002 The Business
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      19 23 Inter Asia Roro service KYOWA LINE P. T. DJAKARTA LLOYD (PERSERO) AUSTRALIA FULL CONTAINER SERVICE LINE FAST Pte Ltd
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  • BizIT
    • Article, Illustration
      Lock icon Singapore to remain a major HDD hub: IDC
      657 27  -  HDDs meant for other markets are first shipped here to avoid tariffs By AMIT ROY CHOUDHURY SINGAPORE will remain a major distribution hub for hard disk drives (HDDs) despite the fact that a lot of low-end HDD production has shifted to low
      657 words
    • Article, Illustration
      Lock icon <what's new>
      388 27  - &lt;what's new&gt; Compiled by Winston Chai Samsung unveils slender music player SAMSUNG has taken the wraps off the K3, a new ultra-slim digital music player. At 6.95 mm, the product is the firm's thinnest MP3 player to date. Despite its size, the K3 packs in a 1.8-inch OLED screen and
      388 words
    • Article, Illustration
      Lock icon In search of the next billion mobile users
      694 27  -  By KENNETH JAMES WITHOUT much fanfare, telecoms giant Ericsson is leading the global push towards next-generation mobile telecommunications, as its cutting-edge broadband technology enables a new generation of "digital citizens" to soup up their mobile devices with exciting new applications like mobile
      694 words
    • Article
      Lock icon San Disk to tune more into the MP3 player market in Asia
      444 27  -  By WINSTON CHAI IF GAVIN Wu has his way, Singapore's IT jewel Creative Technology could come under more fire in the near future. The regional head of flash memory giant SanDisk has set his sights on gaining more
      444 words
    • Article
      Lock icon YouTube courting small media companies
      412 27 NYT [SAN FRANCISCO] Google has been frustrated in its efforts to reach comprehensive deals with major studios and networks to put their video on You Tube. Meanwhile, it is forming partnerships with hundreds of smaller media companies that see value or at least a valuable
      NYT  -  412 words
    • Article
      Lock icon Google yet to benefit from YouTube acquisition
      220 27 Bloomberg [SAN FRANCISCO] Google Inc's You Tube website had sales of about USsls million in 2006, which means the company paid more than 100 times annual revenue when it purchased the video-sharing service, Bear Stearns Co analyst Robert Peck said. The most-used Internet
      Bloomberg  -  220 words
    • Article
      Lock icon Sony launches Walkman video MP3 player
      273 27  -  By PAMELA CHEW SONY has announced a new video MP3 player— the Walkman NW-ABOO series with 2GB, 4GB or BGB of memory and a two-inch screen. Powered by a built-in lithium-ion battery, the player can deliver 30 hours of music playback and eight hours
      273 words
    • Article, Illustration
      Lock icon S'pore firm develops social networking tool
      884 28  -  It connects mobile phone and desktops to same service, writes AMIT ROY CHOUDHURY Amit Roy Choudhury A SINGAPOREAN IT company, Velvet Puffin, will today release a unique new social networking service here and in the United States that allows users to instantly communicate, create
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    • Article
      Lock icon 12 bidders for S'pore's new broadband tender
      556 28  -  Parties fulfil criteria for contract to build superfast network By WINSTON CHAI TWELVE bidders have been short-listed by the government as the. early birds in the mammoth tender for Singapore's future broadband network. The Infocomm Development Authority of Singapore (IDA) announced on Saturday
      556 words
    • Article
      Lock icon What Velvet Puffin does
      278 28 ALL Velvet Puffin features are available to both desktop and mobile users, according to R Chandrasekar, president and CEO of Radixs. Some of the major features are: Instant Messaging: While Velvet Puffin has its own IM community, it also allows users to connect to outside IM
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    • Article
      Lock icon <what's up>
      260 28  - &lt;what's up&gt; Compiled by WINSTON CHAI BT names new regional stalwart COMMUNICATIONS service provider BT has appointed Shiva Singh managing director for South-east Asia. Based in Singapore, he will oversee the company's sales operations and partnership activities in the region. Prior to joining BT, Mr Singh was general manager for
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    • Article, Illustration
      Lock icon Salesforce targets further Asia-Pac expansion
      437 28  -  By ROLAND LIM BUILDING on the growth momentum that saw the Asia-Pacific growing faster than the rest of the company, Web-based business software firm Salesforce, com said that it will open more offices in the region this year. Also on the cards is the starting
      437 words
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