The Business Times, 23 May 2007
This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.
2007-05-23
1
34
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section20 2007-05-23 1 THE BUISNESS TIMES A SINGAPORE PRESS HOLDINGS PUBLICATION Wednesday May 23,2007 SINGAPORE 85 cents online at http://business-times.asial.com.sg MICA (P) 202/12/200620 words
-
Article, Illustration674 2007-05-23 1 VEN SREENIVASAN - News of impending purchase follows months of speculation on deal size and timing By VEN SREENIVASAN [SINGAPORE] Following months of rumours, speculation, denials and shareprice run-ups, Singapore Airlines (SIA) has confirmed that it is close to buying a strategic stake inBLOOMBERG - 674 words
-
Article133 2007-05-23 1 sn 3,539.82 (+25.33) ST INDEX FUTURES 3,540.00 (+25.00) siMsa 436.88 (+3.30) SIMSa FUTURES 437.00 (+1.70) MARKETS Tuesday Change KLCOMP 1,367.51 +20.34 NIKKEI225 17,680.05 ->-123.18 HANG SENG 20.843.92 -83.83 SET INDEX 732.77 +4.55 JAKARTA COMP 2,078.75 +7.48 MANILA COMP 3.505.03 +38.69 SEOUL COMP 1.642.88 +14.68 SHENZHEN 8 737.02 -1130133 words
-
659 2007-05-23 1 ARTHUR SIM - By ARTHUR SIM [SINGAPORE] Changes are in the air in the way that property developers report their sale prices. Sources said the Urban Redevelopment Authority (URA) has written to developers asking them to report, on a monthly basis, the prices of all659 words
-
Page 1 Advertisements
-
Advertisement153 2007-05-23 1 Jti EXEC MONEY Mark Mobius on WW emerging markets I' 1 111 lIJT J 1 I SC GLOBAL DEVELOPMENTS SINGAPORE'S MOST EXTRAVAGANT RESIDENCE fl I I j* A An architectural vision of exquisite proportions perfectly realised j: IMBB! Kfel I''' by award-winning architectural luminaries, The Marq~ defies the every conventional153 words
-
Advertisement10 2007-05-23 1 MOTORING Alpine's ißod for the road PAGE 30 8 i!W10 words
-
Advertisement36 2007-05-23 1 CITYSPRING H|P on management fees BT ONLINE BT print subscribers get free access to the Business Times Online. To activate your account, log on to http://business-times. asial .com.sg. For more information, e-mail btocsOsph.com.sg or call 6388-3838.36 words
-
Advertisement58 2007-05-23 1 COMPANIES Amtekgets takeover offer PAGE 5 MM 1 WHO'S WHOpHBi IN PROPERTY MM The competitive Singapore property market has honed some of the best companies in the business. In a 48-page section we present the profile and business philosophy of nearly 40 companies in property development, Reits and marketing. Don't58 words
-
-
TOP STORIES
-
Article, Illustration721 2007-05-23 2 CONRAD TAN - MAS working with relevant authorities to address increased demand By CONRAD TAN [SINGAPORE] More banks and insurers are setting up shop here for the first time, in a market where suitable office space is costing a premium if any can be found. WhileFILE PHOTO - 721 words
-
Article116 2007-05-23 2 IN the article "Ingredients for good investor relations" (BT, May 22), Ossia International Ltd, Pan Hong Property Group Ltd and PDC Corp Ltd were said to be Singapore-listed companies without a website. This is incorrect. The information was provided by the Corporate Governance and Financial Reporting Centre (CGFRC) at116 words
-
Article431 2007-05-23 2 SIAS urges trusts and funds to cap management fees CALLING the $63.4 million payout to CitySpring Infrastructure Trust's managers as "extraordinary" and "mind-boggling", the Securities Investors Association of Singapore yesterday called on all trusts and funds here to review their fee structures and introduce a cap on management431 words
-
Article, Illustration748 2007-05-23 4 CONRAD TAN - CitySpring managers to meet unit-holders at a dialogue session By CONRAD TAN [SINGAPORE] Calling the $63.4 million payout to City Spring Infrastructure Trust's managers "extraordinary" and "mindboggling". the Securities Investors Association of Singapore (SIAS) yesterday called on all trusts and funds here to reviewFILE PHOTO - 748 words
-
Article, Illustration399 2007-05-23 4 KALPANA RASHIWALA - By KALPANA RASHIWALA [SINGAPORE] An all-time high for Singapore office property price could be in the making. Hong Leong Group is said to have received an offer for 1 Finlayson Green for around $2,500 per square foot of net lettable areaSource:SLA - 399 words
-
704 2007-05-23 4 VEN SREENIVASAN - HOCK LOCK SIEW By VEN SREENIVASAN SO AFTER what seemed like the longest of courtships, accompanied by months of rumours and the obligatory denials, Asia's largest airline by market capitalisation looks set to buy a stake in China's third largest carrier.704 words
-
623 2007-05-23 4 SURESH MENON - By SURESH MENON [SINGAPORE] Singapore has said concerns in some quarters over the proposed Joint Ministerial Committee (JMC) connected to the Iskandar Development Region (IDR) are unfounded. Said a Ministry of Foreign Affairs (MFA) spokesman yesterday: "Singapore does not see623 words
-
-
Page 2 Advertisements
-
Advertisement53 2007-05-23 2 people Corporate matchmakers. www.thepeopleatwork.com Asia-Pacific Executce Search ||FV '/>.? wu» r -^^^^BP^p§^WfWy^^B|^yH||WMß^Bßß|W|B at iggal io^l llttte. VHfe. WM Ifr ml. JhL 9 ,te i WM^^HPS^*Mfly^^HHMHHHiES^lyttiiflliiH^^H^^^^^^^^^^^H iA y* i <- tPP < js i i tail- f Organised6~u m £7n Conjunction wit/i: 1 Sole Sponsor: T?IVTT H A_ BARCLAYS IVLVXJ. g53 words
-
-
Page 3 Advertisements
-
Advertisement185 2007-05-23 3 II I 9HIH II i I^H^H I I Mi I I I' Csk J* IBf %fHßft Publicly listec^H I ft 1 I I II m B S I ft jp| |i|fl^^^^H sf II iwi I HiH ■HHW JK Hw^H a Mi^^H I |1 p fl I |1 w I MWBiWft185 words
-
-
Page 4 Advertisements
-
Advertisement64 2007-05-23 4 Rare 122,590 sf Site Lor M N Telok Kurau (East Coast) y p p ot A: approx. 56,881 sf Plot B: approx. 65,709 sf Plot C: approx. 9,317 sf Freehold Plot Ratio: 1.4 (Up to 5 storey) V\ Dual Frontage onto Lor M Lor N x V Within 1 km64 words
-
COMPANY NEWS
-
Article, Illustration338 2007-05-23 5 PAMELA CHEW - By PAMELA CHEW SINCERE Watch yesterday reported a 36.07 per cent surge in net profit to $12.32 million for its fourth quarter ended March 31, with revenue up 3.99 per cent at $95.44 million. The Q4 results raised full-year revenue toFILE PHOTO - 338 words
-
185 2007-05-23 6 IPO WATCH -Reuters PARKWAY Holdings, South-east Asia's biggest healthcare group by market value, has hired Citigroup and ÜBS to arrange the listing of a Singapore property trust based on its hospitals, sources close to the deal said. The initial portfolio would contain Parkway's three-Reuters - 185 words
-
Article, Illustration552 2007-05-23 6 —Reuters SOUTH-EAST Asia's emerging markets Malaysia, Indonesia and the Philippines should offer investors some of the best returns this year, given their strong corporate earnings and low interest rates. CLSA equity strategist Christopher Wood said in an interview yesterday. Investors should steer clear—Reuters; AFP - 552 words
-
Article495 2007-05-23 5 WEE LI-EN - Standard Chartered Private Equity and CVC Capital Partners Asia Pacific are leading the purchase By WEE LI-EN A GROUP led by Standard Chartered Private Equity and CVC Capital Partners Asia Pacific has made a takeover offer for precision metal parts maker Amtek Engineering at $1.10 per495 words
-
Article, Illustration643 2007-05-23 6 ANGELA TAN - Olam shares slide 1.2% on muted trade as market awaits its response By ANGELA TAN OLAM International yesterday said it is mulling its next move after Louis Dreyfus Commodities BV made a rival bid to buy Queensland Cotton at A 55.31 a share, or643 words
-
-
Page 5 Advertisements
-
Advertisement94 2007-05-23 5 27,300 Binjai Pk 20,300 sqf $14.xM Bishopsgate 17,000 sqf $17.xM Cable Road 36,000 sqf $27.xM Cluny Hill 16,000 sqf $18.xM East Sussex Lane 15,100 sqf $15.xM Garlick Ave 13,000 sqf $10.xM Holland Road 10,000 sqf B.xM Jervois Road (New) 15,000sqf $13.xM Leedon Road 18,300 Sqf $14.xM Oei Tiong Ham 16,20094 words
-
Advertisement420 2007-05-23 5 SINGAPORE'S MOST MODERN SPECIALIST CLINICS. NOW FOR LEASE. Novena Medical Center offers doctors a rare opportunity to lease a medical suite at the center of Singapore's newest state-of-the-art specialist clinics. Consider that it's in a prime location in a market set to experience incredible growth, this is the chance of420 words
-
-
Page 6 Advertisements
-
Advertisement136 2007-05-23 6 Driving Pleasure The BMW 7 Series with DVD and New standard luxuries for both passengers and driver. Now is the perfect time to own the BMW 7 Series. Although this celebrated luxury sedan is wholly expressive with HBHjHHHHM technologies to enrich the driving experience, BMW recently added two innovative firsts136 words
-
-
Page 7 Advertisements
-
Advertisement181 2007-05-23 7 11 WHEN SEEING HER FACE LIGHT UP V? IS AS IMPORTANT AS MEETING t ji&f 3 f B a E HHb ih^l^h i*' *100^ W lL> ja c» «i El fx &Z* I w n H 9K V BS& I I Setting aside family time amidst your busy schedule, just181 words
-
-
SINGAPORE MARKETS
-
Article, Illustration893 2007-05-23 8 LARRY WEE - CURRENCIES Emerging market stocks, currencies in and outside Asia enjoy feeding frenzy LARRY WEE Senior Correspondent DEMAND for risky highyield assets exploded this week after financial markets brushed aside China's latest tightening measures last Friday, and the past weekend's G-8 meeting ended without any893 words
-
Article, Illustration955 2007-05-23 8 SECURITIES TRADING SCOREBOARD MAIN SDQ TOTAL U» Dow Undi Up Down Undi Uc Down Undi Multi Ind 9 5 3 0 1 0 9 6 3 Manufacturing 92 60 65 17 13 20 109 73 85 Commerce 22 27 27 7 6 9 29 33 36 Tpt/Stof/Cowwns 23 11 8955 words
-
Article, Illustration760 2007-05-23 8 CONRAD TAN - Compiled by CONRAD TAN Yellow Pages May 22 don: $144 OCBC INVESTMENT RESEARCH, May 22 IN A surprise announcement, Yellow Pages (YP) announced that two offte recently appointed non-execu-tive directors, Stanley Tan Poh Leng and Pang Yoke Min (formerly from Jaya Holdings), have requested for an EGM to removeSource: Bloomberg - 760 words
-
Article, Illustration505 2007-05-23 8 TEH HOOI LING - STOCKS TEH HOOI LING Senior Correspondent ANOTHER day, another recorid. The Straits Times Index continued its winning streak yesterday, rewriting its all-time record for the second time in as many days. Led by the banks, conglomerates and Sin- gapore Telecommunications, the STI climbed505 words
-
-
Page 9 Advertisements
-
Advertisement287 2007-05-23 9 f o^ 111 .Ml 1 :f 1 ?-'W* 't i V* T. '>.7 IK THE ROAD TO REAL POWER IS NOW SMOOTHER THAN EVER. Introducing The Long-Wheelbase, VB, 4.6-Litre Lexus LS 460 L. With A First Class Cabin. Wl •i* i With a torque of 500Nm, the all new LS287 words
-
-
COMPANY NEWS
-
465 2007-05-23 10 KALPANA RASHIWALA - Its proposed development is a 350-400 room hotel with retail space By KALPANA RASHIWALA THE sizzling hot Singapore hotel market has drawn out listed Hotel Grand Central Ltd (HGC) which, to date, owns only one hotel here to emerge as465 words
-
Article, Illustration398 2007-05-23 10 VEN SREENIVASAN - New benchmark prices of Orchard area condos near firms' project boost stocks By VEN SREENIVASAN REPORTS that property developers at the Leonie Hill/Grange Road area next to the Orchard shopping belt are setting new benchmark prices have boosted the stocks of two listed companies398 words
-
Article557 2007-05-23 10 Midas unit wins 71 m yuan deal MIDAS Holdings announced yesterday that its aluminium alloy division, Jilin Midas Aluminium Industries, has secured a 71 million yuan (S$14.2 million) contract from Changchun Railway Vehicles to supply aluminium alloy extrusion profiles for 51 train sets (an equivalent of 306 train557 words
-
-
Page 10 Advertisements
-
Advertisement1388 2007-05-23 10 BEAiUffiMff /T\ 10 DES VOEUX ROAD. CENTRAL HONG KONG CONSOLIDATED BALANCE SHEET AS AT 31ST DECEMBER 2006 CONSOLIDATED PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31ST DECEMBER 2006 2006 2005 2006 2005 HKS'OOO HKS'OOO HKS'OOO HKSOOO ASSETS r lh Interest income *****,5*3 7,806.534 Cash and balances with banks and1,388 words
-
Advertisement69 2007-05-23 10 V; > "ZSj, R* 'S Timr I ®3u| This week is your last chance to win trips for 2 to France staying at an authentic French Winery, or Club Med Bali as we celebrate Voilah! French Festival Singapore 07. Tune in to 91.3FM NOW, play "The French Quiz: and you69 words
-
-
SINGAPORE NEWS
-
521 2007-05-23 11 CONRAD TAN - By CONRAD TAN CITIBANK Singapore's consumer business saw doubledigit growth in net profit last year, boosted by strong performance across all segments, the bank's senior management said yesterday. Overall net profit for the bank was $505.2 million for last year, compared with $507.5521 words
-
201 2007-05-23 11 SINGAPORE companies are expected to form about half the investors at Nusajaya's 526.1-hectare Southern Industrial and Logistics Cluster (SiLC), one of the township's signature developments. A Singapore "advanced technology" company has bought 6.9 ha at SiLC, and more are set to follow, UEM201 words
-
Article205 2007-05-23 11 S'pore hosts climate forecasting workshop SINGAPORE'S National Environment Agency (NEA) will host a training workshop on Asean Seasonal-Interannual Climate Forecasting and its applications. Jointly organised by the International Research Institute for Climate and Society and the Asean Specialized Meteorological Centre (ASMC), the workshop is taking place from May205 words
-
Article, Illustration595 2007-05-23 12 DANIEL BUENAS - YESTERDAY IN PARLIAMENT Amended law raises fine and jail term for errant bosses and workers Reports by DANIEL BUENAS THE government is taking a harder stance against the illegal employment of foreign workers. Parliament yesterday passed amendments to the Employment of Foreign Workers595 words
-
301 2007-05-23 12 BUSINESSES need more help from the Inland Revenue Authority of Singapore (IRAS) to meet their obligations under GST self-as-sessment, and paying for advance rulings is not consistent with this, nominated MP Gautam Banerjee said yesterday. Mr Banerjee, who is also executive301 words
-
Article203 2007-05-23 12 Review on en bloc sales procedures THERE seems to be room for "some tightening" of en bloc sales procedures and the government is "always reviewing the procedures to see how they can be improved", Senior Minister of State for Law Ho Peng Kee said yesterday. Responding to a203 words
-
545 2007-05-23 12 RONNIE LIM - By RONNIE LIM NEWCOMER Island Power should finally start to see a "blocked" pipeline choked by a tangle of legal and commercial issues slowly becoming unstuck, helped by Monday's passing of the amended Gas Act by Parliament. But Island whose planned $1545 words
-
411 2007-05-23 12 CHEN HUIFEN - Reports by CHEN HUIFEN US-BASED West Pharmaceutical Services Inc (WPS) will spend $45 million on expanding its manufacturing plant here in anticipation of the growing regional demand for its drug packaging components. The investment will create 100 new jobs and411 words
-
308 2007-05-23 12 GERMANY'S RohMax Additives is investing more than 10 million euros (5520.5 million) in Singapore for its first plant in Asia, which will create 40 new jobs in both technical and professional positions. The Jurong Island facility will produce its Viscoplex brand308 words
-
395 2007-05-23 11 WEE LI-EN - BCA data shows region accounted for half of total exports from sector By WEE LI-EN CONSTRUCTION exports to the Middle East surged five times to $1 billion last year, though the total value of exports continued to decline. According to395 words
-
-
Page 11 Advertisements
-
Advertisement207 2007-05-23 11 I f i l r j il ft m Credit Agricole Private Bank Imagine a private bank that combines strength and dedicated service Backed by an extensive international network and the significant leverage that comes with being a member of the world's 6th largest banking group*, Credit Agricole Private Bank207 words
-
-
Page 12 Advertisements
-
Advertisement44 2007-05-23 12 artlAnd™ ART LAND DISTRIBUTORSHIP ANNOUNCEMENT ARTLAND Industry Co Ltd is pleased to announce the appointment of APRES Marketing Pte Ltd as their exclusive distributor for the full range of ARTLAND system furniture. For Trade enquiries please call *****009 or E-mail: apres@pacific.net.sg 23rd May 200744 words
-
Advertisement75 2007-05-23 12 Business opportunities with a licensed Insurance broking firm providing financial advisory and general Insurance broking services In Singapore. We are seeking potential investors or equity partners to work with our client. Interested parties to contact Freddie Lee at freddle_a_broker@yahoo.com FTiTI Lianhe Zaobao B I End of speculation boom 1 I75 words
-
-
ECONOMY WATCH
-
Article, Illustration654 2007-05-23 13 Sovereign wealth funds may weigh on US dollar by reducing Treasuries Reuters [NEW YORK] China's plans to pour US$3 billion into US private equity powerhouse Blackstone Group show state money managers in Beijing intend to get more aggressive in their hunt for high returns.— Reuters; BLOOMBERG - 654 words
-
367 2007-05-23 13 -Reuters [TOKYO] All the buzz about Asian nations seeking to manage their foreign reserves more actively has led Japanese policy makers to ask a fair but politically sensitive question: Should Japan follow suit? Don't count on it for now, say analysts, although the issue is-Reuters - 367 words
-
320 2007-05-23 13 —AFP, Bloomberg [WASHINGTON] The United States and Indonesia will launch a set of initiatives aimed at boosting bilateral trade and investment ties, their trade ministers said after talks here on Monday. They agreed to set up working groups to develop "specific initiatives" in—AFP,; Bloomberg - 320 words
-
-
Page 13 Advertisements
-
Advertisement421 2007-05-23 13 If you are facing any of the following: You need to keep your payroll absolutely confidential. Your payroll staff are bogged down, and are bored with the routine of rushing payroll every month, and there is limited room for staff development for payroll processing functions. You or your payroll staff421 words
-
-
MALAYSIA
-
721 2007-05-23 14 S JAYASANKARAN - By S JAYASANKARAN in Kuala Lumpur A LETTER from Malaysia's largest bank telling lawyers they had to comply with bumiputera equity conditions if they wanted to be on its legal panel has brought race relations sharply into focus amid a climate of seemingly heightened721 words
-
Article217 2007-05-23 14 —Bloomberg [KUALA LUMPUR] Shares of KFC Holdings (Malaysia) Bhd, operator of Kentucky Fried Chicken outlets across the South-east Asian country, rose after the Malaysian Business Times reported the company's biggest shareholder may make a takeover bid. KFC Malaysia shares gained as much as 30 sen,—Bloomberg - 217 words
-
Article2475 2007-05-23 14 vot May 22 KM W- (OOP ASM Realty 337 -0.03 23 AbricBhd .0.30 a01 48 Advance Synergy .0.32 0.01 464 AdventaBhd 1.24 unch 723 Ae Multi Hldgs .0.32 -0.03 69 Affin Holdings .2.36 0.05 2594 Ahmad ZakiResou .2.91 0.01 20 AkCorp ....0.58 0.01 14 Airasia Bhd 1.91 -0.032,475 words
-
Article, Illustration503 2007-05-23 14 PAULINE NG - Good returns assured in infrastructure investment By PAULINE NG in Kuala Lumpur IN search of better yields, high-net-worth Malaysians are turning to Vietnam. And lagging their Singapore counterparts, Malaysian companies are also beating a path to the rapidly emerging market. Manufacturing and real estate503 words
-
-
Page 14 Advertisements
-
Advertisement1146 2007-05-23 14 Cats Notices Bankof CONSOLIDATED BALANCE SHEET CONSOLIDATED STATEMENT OF INCOME (US Dollar amounts In Millions) (US Dollar amounts In Millions) December 31 December 31 2006 2005 2006 2005 t Assets Interest Income Cash and cash equivalents 36,429 36,999 Interest and fees on loans and Time deposits placed and leases 48,2741,146 words
-
Advertisement492 2007-05-23 14 IN THE MATTER Of THE COMPANIES ACT, CAP. SO AND IN THE MATTER Of ALUMEX PRIVATE LIMITED (Incorporatad in tha Repubik of Singapore) (IN VOLUNTARY LIQUIDATION) NOTICI Of FINAL GENERAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50, the Final Meeting of492 words
-
-
GREATER CHINA/INDIA
-
Article, Illustration407 2007-05-23 15 -Reuters [SHANGHAI] The Chinese government is unlikely to interfere directly in the domestic stock market, a Chinese central bank adviser was quoted yesterday as saying. Some securities analysts and fund managers have said Beijing might take stronger measures to rein in the-Reuters; AP - 407 words
-
227 2007-05-23 15 -AP [SHANGHAI] Shanghai is setting up a financial task force to counter a rise in cases of fraud and other abuses linked to soaring stock prices, state media reported yesterday. The task force, including staff from the securities and banking watchdogs, police and-AP - 227 words
-
345 2007-05-23 15 AFP [HONG KONG] China is studying how it can control who takes power in Hong Kong when the city switches to full democracy, a media report said yesterday, highlighting Beijing's fears for reform. The Ta Kung Pao newspaper said that communist party— AFP - 345 words
-
278 2007-05-23 15 Selection process will start once agency is running Reuters [BEIJING] China's foreign exchange investment vehicle may ask foreign firms to manage its assets, the official Xinhua news agency yesterday quoted a senior investment official as saying. Wang Jianxi, chairman of Central Huijin Investment Corp,Reuters - 278 words
-
274 2007-05-23 15 -AFP [WARSAW] India's VideoCon Industries is poised to invest up to 20 billion zlotys (5510.9 billion) in a liquid crystal display (LCD) plant in Poland, according to a news report yesterday. The Polish edition of the Wall Street Journal said that-AFP - 274 words
-
208 2007-05-23 15 Bloomberg [MUMBAI] India's Tata Steel Ltd, the world's sixthlargest steelmaker, has received approval from Vietnam's government to set up a steel plant in the Southeast Asian nation in a joint venture with Vietnam Steel Corporation. The factory will beBloomberg - 208 words
-
526 2007-05-23 15 JANE MOIR - Shareholders to vote on proposed deal at AGM next month By JANE MOIR in Hong Kong AN ATTEMPT by the Hong Kong government to win support for a merger of the territory's railway operating companies has done little to silence its harshest526 words
-
-
Page 15 Advertisements
-
Advertisement1074 2007-05-23 15 Cats Notices IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF WINNEST INVESTMENT PTE LTD (Co. Reg No.: *****1335R) (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the above Company held on 22 May 2007 the following resolutions were duly passed. Special resolution1,074 words
-
-
MIDDLE EAST
-
Article, Illustration468 2007-05-23 16 Dirham falls; UAE studies plan by Gulf states for single currency Bloomberg. AP [DUBAI] The United Arab Emirates will maintain its peg to the US dollar. Prime Minister Sheikh Mohammed bin Rashid alMaktoum said yesterday, scotching speculation of a revaluation. The dirham fellBloomberg.; AP; REUTERS - 468 words
-
182 2007-05-23 16 AFP [SEOUL] A South Korean construction firm signed a preliminary deal on Monday to take part in a multi-billion-dollar development project in the United Arab Emirates (UAE). Sungwon Corp signed the deal with Deira Investments of Dubai shortly before the arrival ofAFP - 182 words
-
Article2873 2007-05-23 16 UNIT TRUSTS FUNDS ABttfCpmmein EUB J 34/ DWSNOtiGfc s®a====Blaa®» ssIkssF r°I SSSgSs =gg pp3»=!p SjsiEsil 8 ffiSSagiS iH SKSSfJSf S« SSSSBSf- iiSS SS5]»== iSSSiS SSSSSTTrz IfSSt S»EtfOpeE«y' ABEudp Income 8 USD 986/ OWSMoa lapin Eq Q AUSD 0973V J(f* SFSnflEqiitiFd 1-3583T1 3621 IJCjh,. M 99b Ooatfith WO 148B2/1 5403 0«**(0a2010)2,873 words
-
-
Page 16 Advertisements
-
Advertisement53 2007-05-23 16 Allianz Global Investors one of the world's largest asset managers with more Allianz (jH) than US$l.2 trillion assets under management as at 31 December 2006. Gl ii lnv^ s "t: score with the star players IN EMERGING MARKETS M'iL Call your Financial Advisor today or visit www.franklintempleton.com.sg INVESTMENTS BIZ REGN53 words
-
-
Page 17 Advertisements
-
Advertisement2094 2007-05-23 17 Cats Notices dti CONSOUDATED BALANCE SHEET citigroup inc and subsidiaries CONSOLIDATED STATEMENT OF citigroup inc and subsidiaries REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING INCOME FIRM CONSOUDATED FINANCIAL STATEMENTS December 31, Year Ended December 31, Th Board of Directors and Stockholders In millions of US dollars, except shares 2006 2005 In2,094 words
-
-
World
-
Article, Illustration713 2007-05-23 18 It says private investor's buyout bid most attractive without regulatory uncertainty -NYT [NEW YORK] The music company EMI Group, which has been the subject of takeover speculation since the *****, said on Monday that its board supported a new US$4.7 billion offer from a private-NYT; AFP - 713 words
-
388 2007-05-23 18 -Reuters [NEW YORK] Tough US accounting laws have not discouraged firms from listing on US stock markets, according to an independent survey. However, there has been an overall decline in the number of new listings. The Sarbanes-Oxley Act, triggered by the Enron collapse,-Reuters - 388 words
-
437 2007-05-23 18 He claims two ex-advisers cheated him of millions -Bloomberg [NEW YORK] Prince Jefri Bolkiah, brother of the Sultan of Brunei, sued a pair of London barristers in New York state court after a federal court threw out an earlier suit claiming that they-Bloomberg - 437 words
-
406 2007-05-23 18 -Reuters [NEW YORK] Blackstone Group plans to raise as much as U554.75 billion in a US initial public offering, it said a day after agreeing to sell a US$3 billion stake to China. The offering, the largest by a private equity firm,-Reuters - 406 words
-
294 2007-05-23 18 -NYT [NEW YORK] A new study examining turnover among top executives has found that corporate boards were nearly three times as likely to pull the trigger on failing chief executives than they were a decade ago. Nearly one of three chief executives who-NYT - 294 words
-
-
Page 18 Advertisements
-
Advertisement169 2007-05-23 18 Diners Club Card ITVTIViTKTI ■Mil KlJfl A World of Exclusive Privileges Treats Diners Club wwwJiners.com.sg International- I our setecOoA-flt bc*i jA favourites andjeUxie Gato Negro Riwftkto Indonesian Restaurant 1 30 Mwehant Road, #01 -04 Riverside Point 1 (50m from Clarke Quay MKT Exit B) 1 Vtobsite www.riverside.com.sg Business hours 12noon169 words
-
-
ASIA-PACIFIC/WORLD
-
Article, Illustration537 2007-05-23 19 Move part of his investment arm's plan to revamp its 56% stake in MGM LAT-WP [LOS ANGELES] Billionaire Kirk Kerkorian's Tracinda Corp disclosed on Monday in a Securities and Exchange Commission filing that it wants to start negotiations to purchase the upscaleLAT-WP - 537 words
-
Article, Illustration596 2007-05-23 19 Victoria minister's comments follow pullout warning -AFP [MELBOURNE] The Victorian state government has not ruled out switching the Australian Grand Prix to a night event, a government minister said on Monday following a warning from Formula One supremo Bernie Ecclestone that the Australian-AFP; REUTERS - 596 words
-
342 2007-05-23 19 -AP [SEOUL] Universal Parks Resorts and a local partner signed an agreement yesterday aimed at setting up a Universal Studios theme park in South Korea that they hope to see up and running in 2012. "What we are hoping to do is to-AP - 342 words
-
-
Page 19 Advertisements
-
Advertisement87 2007-05-23 19 I a i ■)ft M X ff »s B ■H I 5 1 sJk all m I H 7^-«-. -Hr<'"'wi -y" .-JiMfe' S Imß r—) cs I WBt m S SHI HH E6II -'Wk^VH^H j® B I I|k ?l Monday 12/2/2007 jB ''^||j^H|Hj|H^V^| m k Weiyeri^lyConnpa-CustomerPrewttfkr If flf j&ttgflf' E*di*Ur«l9iy_87 words
-
-
AVIATION
-
Article, Illustration368 2007-05-23 20 Hundreds of flights cancelled as Alitalia staff, air traffic controllers strike AP [ROME] Thousands of travellers were left stranded here yesterday because of an eight-hour strike by Italian air traffic controllers and Alitalia flight attendants that forced the cancellation of hundreds of domestic andAP; AFP - 368 words
-
351 2007-05-23 20 YEN SREENIVASAN - By YEN SREENIVASAN [SINGAPORE] American aircraft maker Boeing's business jets division has won seven new orders this year, bringing total programme sales to 135 planes. The new orders are worth $478.5 million at list prices, but customers typically pay less and fit351 words
-
Article, Illustration386 2007-05-23 20 Growing airport security constraints spurring demand AFP [GENEVA] The European business aviation show opened in Geneva yesterday, marked by a boom in the private jet market as ever richer business clients seek to avoid growing airport security and meet the demand forAFP - 386 words
-
575 2007-05-23 20 —Reuters [KUALA LUMPUR] Air Asia X, a new long-haul budget airline, may seek to fund its growth via a reverse takeover of a listed Malaysian investment advisory firm, sending shares in the potential target up 8 per cent yesterday.—Reuters - 575 words
-
Article2310 2007-05-23 20 OTY rutin IT* MWT HP asr n n SQ268 1750 »Q269 234? ANwd»b»d SQS31 0740 Amsterdam SO323 0630 AZ3993 2245 AZ3992 1555 KL838 2245 KLB37 1555 L***** 2345 *thans *0348 0100 Atlmtl AC5202 2335 AC5203 0645 UA895 2335 MA0* 0645 AucklandEK433 0150 EK432 2120 UL2433 01502,310 words
-
-
Page 20 Miscellaneous
-
Miscellaneous199 2007-05-23 20 CRYPTIC CROSSWORD DOWN bel to mark their years (8) Across: 1 Tablecloth, 6 Evil, 9 Col--2 Timber producer well-liked 13 Taking away Sherlock but not sociallv acceDtable (6) Holmes secret of success (9) cu,ate 1 5 Come into line, 18 Press 3 A caDital investment (5) 14 An extraordinary deed199 words
-
-
SHIPPING/AVIATION
-
Article, Illustration510 2007-05-23 21 DONALD URQUHART - VLCS and ULCS seen marginalising smaller intra-Asia operators: PIL MD By DONALD URQUHART [SINGAPORE] The massive influx of very and ultralarge container ships into the global liner industry that began last year will have a major impact on the intra-AsiaFILE PHOTO; AFP - 510 words
-
497 2007-05-23 21 Reuters [ABIDJAN] A broken-down cargo ship stolen by ma-chete-wielding pirates off Liberia earlier this month is still missing despite a search involving neighbouring Ivory Coast's navy and a UN helicopter, officials said on Monday. Attackers armed with cutlasses and sticks boarded theReuters - 497 words
-
Article, Illustration286 2007-05-23 21 -AFP [KUALA LUMPUR] The lucrative air route between Malaysia and Singapore is unlikely to open up before the end of 2008. Malaysia's deputy prime minister said yesterday. Officials from the two neighbours held talks earlier this month to discuss transport links, including-AFP; FILE PHOTO - 286 words
-
295 2007-05-23 21 —AFP [DHAKA] Bangladesh's second private passenger airline will begin domestic operations next month in a fast-growing market boosted by the scrapping of flights by the state-run airline, an official said. United Airways will start flying to south-eastern Chittagong and north-eastern Sylhet—AFP - 295 words
-
Article287 2007-05-23 21 SGX '000 Ittoy 22 SS W- Vol Ch Offshore 0.63 0.02 6719 Chuan Hup Hldgs 0.36 unch 4680 CoscoCorp 2.74 -005 8120 Cwt Limited .0.90 0 03 242 Ezra Hldgs 5.70 -0.10 584 Freight Unks 0.14 0.01 ***** Grand Banks 1.07 -0.01 39 Java Hold Ltd 1.45 -0.01287 words
-
171 2007-05-23 21 —Bloomberg [TOKYO] Japanese Prime Minister Shinzo Abe and Malaysian Prime Minister Abdullah Ahmad Badawi agreed on the need to combat marine piracy in a meeting here yesterday. Mr Abe told Mr Abdullah in the 40-minute meeting that he will visit Malaysia in August to—Bloomberg - 171 words
-
275 2007-05-23 21 Firm plans to use sales proceeds to fund new projects Bloomberg [HONG KONG] Pacific Basin Shipping Ltd, an operator of dry-bulk cargo ships, will sell three ships for US$72 million and lease them back, planning to use the sales proceeds toBloomberg - 275 words
-
-
Page 21 Advertisements
-
Advertisement55 2007-05-23 21 see the picture iThink~«*m. Evans Peck will be running 2 workshops designed for beginners those with some modelling experience to equip them with the knowledge to explore real business problems using STELLA and iThink. The leading facilitators have won numerous awards and commendations across various industries including Defence, Health Services,55 words
-
Advertisement18 2007-05-23 21 10 Anson Road #25-02, International Plaza, Singapore *****3 Tel: +65 6225 0555, Fax: +65 6225 0550, Email: info@kiribaship.com18 words
-
-
EDITORIAL & OPINION
-
533 2007-05-23 22 EDITORIAL THE 6.1 per cent growth recorded in the first quarter of this year is further evidence that the Singapore economy is on a winning streak. The higher-than-expected number has prompted the government to raise its GDP growth forecast for this year533 words
-
Article, Illustration1200 2007-05-23 22 TOM PETRUNO - The key distinction made between the privatisation boom of the 80s and the current one is that today's private equity investors say they're interested in building up the firms they buy By TOM PETRUNO Los Angeles Times IN America, financial successLos Angeles Times; AFP - 1,200 words
-
Article, Illustration800 2007-05-23 22 ANDY MUKHERJEE - THE BOTTOM LINE ANDY MUKHERJEE —Bloomberg ASSET-BUBBLE vigilantes will find little to cheer about with Singapore's falling interbank lending rate. They will be partly right: Cheaper capital is about the last thing the island's frenzied property market needs. Housing loans by Singapore banks—Bloomberg - 800 words
-
Article, Illustration1129 2007-05-23 23 PETER STEPHENS - There is a strong desire to put the Wolfowitz episode behind and move on to do the work that helps developing countries By PETER STEPHENS THE past few weeks have been traumatic for the World Bank as, for the first time in itsREUTERS - 1,129 words
-
669 2007-05-23 23 Ng Weng Hoong - LETTER TO THE EDITOR Ng Weng Hoong Editor www.EnergyAsia.com and Renewables Report SINGAPORE'S media has failed to fully report the entire range of costs and key issues associated with the decision to host Formula One (Fl) racing. Instead, all the newspapers have669 words
-
1119 2007-05-23 23 MARIE LALL - By MARIE LALL THE last few days have seen some of the worst violence in Pakistan's commercial capital, Karachi, for the last decade. On May 12,2007, suspended Chief Justice Iftikhar Muhammad Chaudhry arrived at the airport to address a rally. The lawyers of the city1,119 words
-
-
Article9822 2007-05-23 24 SGX MAINBOARD Transaction date: May 22 52-Wk Tel Last Vol Day List Quote Drv GrYtd Net MCap High law Cod* Compeey Sak W- (HCO) W0i Low hnf Setter CW WI M J M I IS isasr» L a 6 )4 15 i 6 47 „i 4i 34 209,822 words
-
Page 24 Advertisements
-
Article6177 2007-05-23 25 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In local curr In 5$ In USS dy yr dy yr *dy Syr May21 Index Change Change Change Change Change Change World Index Preliminay 1184.2 02 7.6 0.1 7.7 0.1 87 »EAFE Prefeninaty 1188.7 0.1 7.3 0.0 7.5 -0.1 8.0 Europe Preliminary 1620.86,177 words
-
Page 25 Advertisements
-
Advertisement17 2007-05-23 25 v BphillipCapital Brought to you by Phillip Futures Pte Ltd (Amember of PhillipCapitaO YOUT Partflor 111 Fifl^flC®17 words
-
-
Page 26 Advertisements
-
Advertisement1498 2007-05-23 26 UK CONTIWEWT SERVICE U.S.A SERVICE Destination Destination NIPHA NAREE RDM/ATW/BMNALB/NAN AURORA SAPPHIRE CAM/NFK/NOl/SAV Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia MIPPLE-EAST SERVICE F.EJS.E.A. SERVICE Destination Destination PAN VOYAGER DBI/ABU/DOH/BRN/DMM/KWT STXPOTBN INC/BSN PAN BRIGHT JDH/BJA Loads Singapore, E./W. Malay»io, Indonesia Loads E. Malaysia, Indonesia OTHER SERVICES Tramping for bulk,1,498 words
-
Advertisement677 2007-05-23 26 IINTIRASIA RORO SERVICE vßsn/voT ramped hbohtpr) rue kh ig sm *L_ STRAITS SUCCESS 17 17/05 n/os STVATTS EXPRESS 10 I 30 4.0 20/05 22/05 STIAnS EXntESS 11 30 4.0 0/05 31/05 OVO4 05/0* ■nJn i—ifiri 1 fwft ww«tv WK i VKSa/VOT RAWPPCT) I HBGHIP) KB Si *U SYD *B ABt677 words
-
-
Page 27 Advertisements
-
Advertisement1643 2007-05-23 27 WAN HAJ MTBMAHONAL FIE LTD a Nft **********0/R TEL*****5M (14UNB) FAX:*****163 \AM\ WAN HA I NFS C o ,r St*./!.**Dtadlk.-(1800)*****200 V A liHIl IIMI LIIILJ JOHIH:|B7)2SIIKINU:|B7)ZSIini SWUL (031) 1W5475 FAX: (011)0*2714/0*1 JOS r s*im>nMi«Mk«n)aM!HM«:mM/m»i wlthjn www.we—i.t—.ij »IB:P>IM»HPHUHOtim»«S/4iqw rouaiHttßW m «wt no t« kws nso m WMHAI2II NIH 11/05 30/05 72/051,643 words
-
Advertisement1324 2007-05-23 27 |Tp~\ EASTERN CAR LINER, LTD W -1 I SPECIALIZE Bi RORO A HEAVY UFT UfTO 450 TONS »—ot uw-(Kn lan I m I no 1 |mI ~g I COtAIHUO 77 g JO .MS VM I ESTtaU ETHWU 113 60 W/y 31/85 ICOSMKUAOB 12 40 *0 01/0* ***** 12/06 atißiAfttwA —1441,324 words
-
Advertisement576 2007-05-23 27 m WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICO POINTS ibml I wt I sm I fiUK ammo ilmba |am«i~ nm«WA Tfwios ZUUI M MI tLML. WI UMSMM 01I4N «M>r 3DMT 02 JUW WW mm* oigw os jw onus DM I3MI irtm «uo *avne ki id576 words
-
-
THE BUSINESS TIMES SHIPPING TIMES
-
6809 2007-05-23 28 -w-- •< i1 _-va^ —1———P— ETA ETA Advvtkar VhwI Voyaga Tikphone SIN 0«tn Nam* Nan* Numb* Numbw To ABIDJAN (ABJ) 2003 Cote D'lvoire 30/05 06/07 Drimas DELMAS LIBREVILLE 722W *****344 07/06 15/07 Mmx FLORA DELMAS 723W *****344 16/06 18/07 Drimas URSULA DELMAS 724W *****3446,809 words
-
-
Page 28 Advertisements
-
Advertisement550 2007-05-23 28 VtSSEL VOY PKL SIN 1 KHI I DXB I BAB I DMM BIK KHO IRAN BAA&AEI PCLBI99 27/03 28/05 06/06 09/06 10/06 16/06 11/06 20/06 IRAN SATTARI PCIB2OO 07/06 06/06 15/06 18/06 19/06 25/06 27/06 29/06 MAGNAVIA PCLB2OI 07/06 06/06 SKIP 15/06 16/06 22/06 24/06 26/06 VtSStl VOY I SIN550 words
-
Advertisement333 2007-05-23 28 jSTT —S —ayIW =iS3F il =11= i» SiS 8^S gji iwh asyas H7k mmm jßtuw Hjjj» ~~ft7n Bp 8L g/f KJjiJg jjj BBliljy^ VOT Wj P*S« BUDAM6 OCTACOM6 9w« vmmi y*w I tfj I* I I*|*Jl*■l «J I I Vjf m «W jS a MORCEVtfSS JWI 111/05 ln/«s|Js/0$ 26/05 24/05333 words
-
Advertisement328 2007-05-23 28 ITfe GLORY NAVIGATION GflOUpl I SINCE 1970 I OWNS A OPERATES THE YOUNGEST FLEET I WITH TWELVE 7,000 DWT TWEEN DECKERS I COVHUNO i 1 THE ENTIRE ASIA PACIFIC PORTS UOUUkJt WIEKLY SCKVICISi IKAOHSIUNO CHINESE PORTS, HONO KONO TO A ROM I SOUTHEAST ASIA SMGAKM HUP WOOM SMPFMG (S) PTI328 words
-
-
MOTORING
-
Article, Illustration399 2007-05-23 30 SAMUEL EE - The Alpine iDA-X001 digital media receiver uses nifty iPod features By SAMUEL EE FIRST, the cassette tape feature was dropped. Now, the slide opening for the compact disc has disappeared too. In-car entertainment is set to be revolutionised by the Alpine iDA-XOOI399 words
-
Article, Illustration786 2007-05-23 30 DAVID KHOO - The car is expected to debut here at the end of the year By DAVID KHOO IN keeping with the Mini brand, a new model based on the Clubman shooting brake concept due at the end of this year will not be aimed at the786 words
-
-
Page 30 Advertisements
-
Advertisement24 2007-05-23 30 i sm 9 a x>r AN E-MARKETPLACE BROUGHT TO YOU BY CATS CLASSIFIED, SINGAPORE PRESS HOLDINGS. TO ADVERTISE, CALL 1800-289 9988 (OFFICE HOURS). %gg24 words
-
-
EXECUTIVE MONEY
-
Article, Illustration1628 2007-05-23 31 CHRISTOPHER TAN - Good education planning starts with identifying children's potential early and helping them develop their talent MONEY MATTERS CHRISTOPHER TAN SOME years ago, one of my clients told me that he had sent his daughter to Australia to complete her secondary education and then go1,628 words
-
Article, Illustration1234 2007-05-23 32 ALLAN CONWAY - Emerging markets are no longer at the sharp end of a US slowdown. ALLAN CONWAY explains why ALLAN CONWAY LAST year was another very good year for emerging markets and the first time in history we can say that we have seen four consecutive yearsREUTERS - 1,234 words
-
Article, Illustration774 2007-05-23 33 CHET CURRIER - Could it be early 2006 all over again? Here's why this time, it's different By CHET CURRIER Bloomberg THE early months of 2007 in the US stock market have borne an uncanny resemblance to the early months of 2006. Now, as then, the market has— Bloomberg; REUTERS - 774 words
-
449 2007-05-23 33 GENEVIEVE CUA - New instrument to be listed in June By GENEVIEVE CUA RABOBANK will soon launch a new exchangetraded structured instrument where investors can lock in some returns in a sideways market. The first "RaboJet Certs" will be listed around June 15, and are449 words
-
Article, Illustration1170 2007-05-23 34 GENEVIEVE CUA - Despite corrections, they are a long-term hold as they are growing at double the rate of developed countries, Templeton's Mark Mobius tells GENEVIEVE CUA GENEVIEVE CUA Emerging markets have delivered four straight years of positive return, a historical first, but to investors who fret1,170 words
-
Article, Illustration616 2007-05-23 34 GENEVIEVE CUA - It may protect region's retirees as population ages By GENEVIEVE CUA ASIAN governments need to start to issue inflation-linked bonds if they are to help their citizens build their .retirement portfolios. At the moment no Asian country has any inflation-linked bonds. Investors who616 words
-
-
Page 31 Advertisements
-
Advertisement952 2007-05-23 31 >t4 ■HRHnnflßßlffl^M^fflffl^ffiH ■uuma^^rarauuu^u^^|iuu^H On 7™ June 2007 RaboJet Ctrts Series 1 will be launched on the Singapore Exchange Securities Trading Limited (SGX). Linked to the share price performance of DBS Group Holdings Ltd, Capita Land Limited, Singapore Telecommunications Limited and Singapore Airlines Limited, this hew investment product has a daily952 words
-
-
Page 32 Advertisements
-
Advertisement755 2007-05-23 32 Notes mBBSPSSSSStMKmmSM S&xfrßd Credit-linked Notes' Series 6 2 Tranche Tranche Years Interest Rate: Interest Rate: I 17% per annum 15.2% per annum J Series 7 s with a potential 9W Equity Bonus Coupon! Jj Tranche Tranche Interest Rate: Interest Rate: 6.7% per annum 5% per annum J \V m J755 words
-
-
Page 33 Advertisements
-
Advertisement189 2007-05-23 33 CFDs are a flexible and cost-efficient way to trade on Singapore and international shares. //:c\ OQQ CllO Go long or short of shares on margin, putting up a fraction of the full contract value. t Guaranteed market prices, and low commissions 24-hour dealing on global markets Risk protection available: limit189 words
-
-
Page 34 Advertisements
-
Advertisement11 2007-05-23 34 In 17 markets in Asia, we speak one language: Our clients'.11 words
-
Advertisement9 2007-05-23 34 MONEY MATTERS Help your kids pursue their passion PG3I9 words
-