The Business Times, 7 September 2007
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2007-09-07
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The Business Times
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Title Section24 2007-09-07 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asia 1 .com.sg t MV A SINGAPORE PRESS HOLDINGS PUBLICATION MICA (P) 202/12/2006 Friday, September 7,200724 words
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Article, Illustration910 2007-09-07 1 LYNETTE KHOO - LYNETTE KHOO Renewed focus in region proved timely, notwithstanding Shin blip [SINGAPORE] For more than a year now, Temasek's apparently illplaced investment in the beleaguered Shin Corp has hogged the headlines. But calculations made by BT on the Singapore investment company's other major venturesJason Leong - 910 words
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608 2007-09-07 1 MICHELLE QUAH - MICHELLE QUAH By [SINGAPORE] Several members of the Horizon Towers sales committee tried to scupper the en bloc sale by rallying the rest of the majority sellers into going back on their collective agreement, according to an affidavit filed in the608 words
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MARKETS DIGEST
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Article47 2007-09-07 1 Thursday Change 1,298.85 +0.92 KLCOMP NIKKEI 225 16,257.00 +98.55 HANG SENG 24,050.40 -18.77 SET INDEX 809.82 -4.68 JAKARTA COMP 2,220.78 +6.16 MANILA COMP 3,326.53 -15.82 SEOUL COMP 1,888.81 +23.22 SHENZHEN B 739.23 +1.20 MUMBAI IND 15,616.31 +170.16 11.30AM EDT Change 13,356.52 +51.05 DOW NASDAQ 2,611.70 +5.7547 words
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Article29 2007-09-07 1 SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 7.75 INDONESIA 15.667 TAIWAN 5.956 JAPAN 1.875 KOREA 9.33 BRITAIN 5.75 US 8.25 CANADA 6.25 SWITZERLAND 4.26 INDIA 12.75 Source: BloombergBloomberg - 29 words
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Article39 2007-09-07 1 IS$ (S$ )er US$) 1.526 (US$/S$ )er 2.023 3.088 ;URO(US$/S$/E) 1.365 2.083 'EN 115.40 75.60 3.509 2.299 IK$ 7.791 5.105 !AHT 32.45 21.26 CUPIAH 9,403 6,161 CENMINBI 7.542 4.942 INDIAN RUPEE 40.78 26.72 1.212 0.794 IZ$ 1.445 0.94739 words
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Advertisement9 2007-09-07 1 Ii B^* ■VN ->? t i*t tr"-~. I BREITLING BBS9 words
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Page 1 Miscellaneous
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Miscellaneous35 2007-09-07 1 MUSIC HMtaanffiiMM EXEC LIFESTYLE IWI LUCIANO PAVAROTTI f M Ja's typical mellow ■T^^ Socially conscious King of High Cs jazz style returns I- entrepreneurs dies of cancer PAGE 31 %^A PAGE 32 w PAGE 435 words
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TOP STORIES
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Article, Illustration418 2007-09-07 2 WONG WEI KONG - WONG WEI KONG Conviction rate for white-collar crime stands at over 98%, one of the highest in the world [SINGAPORE] After rising 8.8 per cent in 2005, commercial crime rates reversed in 2006 and fell by 4.4 per cent,FILE PHOTO - 418 words
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238 2007-09-07 2 CONRAD TAN - CONRAD TAN [SINGAPORE] The Government of Singapore Investment Corporation (GIC) has appointed former civil service head Lim Siong Guan as its group managing director from Sept 22. GIC, which manages Singapore's foreign reserves, said in a statement yesterday that Mr Lim, who is238 words
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476 2007-09-07 2 CHOW PENN NEE - CHOW PENN NEE $Impay is at market rate, say governance advocates [SINGAPORE] Lee Hsien Yang's concurrent position as consultant as well as chairman of Fraser Neave (F&N) does not pose any corporate governance issues, said Singapore's corporate governance advocates. Still, the board476 words
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THREE-MINUTE DIGEST
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86 2007-09-07 2 THE Singapore Exchange was hit by another technical glitch yesterday a day after it assured market players that such an incident would not happen again. SGX took pains yesterday to explain what caused the second glitch. "(Yesterday) morning's incident was caused by the omission86 words
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39 2007-09-07 2 ASCENDAS has established a $1 billion multi-currency medium-term note programme and has appointed DBS Bank and Citicorp Investment Bank (Singapore) as joint arrangers and dealers of the programme. COMPANY NEWS, PAGE 739 words
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77 2007-09-07 2 NEPTUNE Orient Lines and SembCorp Industries have made it to the Forbes Asia Fabulous 50 List, an annual ranking of big-cap profitable companies. The latest annual ranking is dominated by India with 12 companies on the list. But fast catching up is77 words
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77 2007-09-07 2 THE deputy chief executive of Qatar's Doha Bank says it is vital that banks act to protect the environment and is in town to spread his message of sustainable development. "Financial institutions have got the power to make it happen," R Seetharaman told77 words
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88 2007-09-07 2 ON the back of good demand for industrial space, JTC Corporation yesterday launched a 235,400 sq ft land parcel at Pioneer Road/Tuas Avenue 11 for sale, and market watchers estimate that the site could fetch as much as $7.6 million or $2388 words
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62 2007-09-07 2 ASIA-PACIFIC ministers agreed yesterday to accelerate global free-trade talks, saying that negotiations were at a crucial and probably final phase. However, trade and foreign ministers at the Asia-Pacific Economic Cooperation forum, wrapping up a two-day meeting ahead of their leaders' summit62 words
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57 2007-09-07 2 MALAYSIA'S biggest-selling English newspaper, The Star, continues to dominate the media market, despite a decidedly softer editorial line and news of an editorial shake-up. The Star's evolution from underdog into blue-chip best-seller with an English language market share of 70 per cent has been57 words
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77 2007-09-07 2 CHINA will lift a one-year moratorium on foreign investment in the securities industry, allowing firms such as Citigroup Inc to compete in the world's best-performing stock market after local brokerages bolstered their finances. "After the completion of a three-year restructuring of the77 words
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599 2007-09-07 4 MICHELLE QUAH - STI off again this time due to recovery glitch MICHELLE QUAH SGX says a step omitted in system's overnight recovery process [SINGAPORE] The Singapore Exchange (SGX) was hit by another technical glitch yesterday a day after it assured market players that such an incident would not happen again. SGX said599 words
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Article, Illustration765 2007-09-07 4 AP Celebrated tenor's showmanship won him fans across the world [ROME] Luciano Pavarotti, whose vibrant high Cs and ebullient showmanship made him the most beloved and celebrated tenor since Caruso and one of the few opera singers to win crossover fame as aAP; AFP - 765 words
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Advertisement85 2007-09-07 2 ""•'"'rj*fEjpi JZirijo/ Jakiircu v/ich all Icl husda and busda. H|S3I Th- /:!ri-r-/ of topping, a^dcing nighdifa. suparb golf course, rdk^lng apiß arid a fiu^e collacdon of dininv e^psrtencas rrmka vlsiting a cruJ/ a;?ci!:ir)y and diffarsriE axpsriarica. FasJ che lu><uriou£; hom\z v/ich rh^j r fj r)a dining and fibranr music scens.85 words
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Advertisement17 2007-09-07 2 people at Clients wanted. \tkM^\W^mf (Only excellent companies WWVI bY need apply) www.thepeopleatwork.com Asia-Pacific Executive Search u^tMH^fllHi^l17 words
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Advertisement128 2007-09-07 4 tfetapfl Congratulations to Air Bagan as it begins flight operations between Singapore Yangon today. PHHimmPIIW As Air Bagan's preferred service partner at Singapore Changi Airport, SATS and SIAEC provide airlines with a comprehensive C I" C Singapore Airport Terminal Services (SATS) and SIA Engineering and customised service package, including apron128 words
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Advertisement205 2007-09-07 5 iiisi itei^ikgi -j:^" 'yP^P ■^v'1'1,1," k, s iT^^f f^t' -^J i" z* f Bk/ ■-■"I'-i-S. v»-i J~ I v". +i i" j_ Picture taken on 7*h floor of ICON PI y<HJTRAMRARK NEW BRIDGE RD Open House this Saturday Sunday, 8& 9 September, lOamiZem ik s—"° Come on down to view205 words
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Advertisement5 2007-09-07 6 GreubelforseX INVENTEURS HORLOGERS ART INVENTION5 words
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COMPANY NEWS
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642 2007-09-07 7 R SIVANITHY - R SIVANITHY TV Teletext is the main source of price information that many stockmarket players use for daily trading or investment decisions. And dealers rely on the same data appearing on their Sesops terminals. Perhaps the single most important information for both types642 words
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240 2007-09-07 7 ARTHUR SIM - ARTHUR SIM ASCENDAS has established a $1 billion multi-currency medium-term note (MTN) programme and has appointed DBS Bank and Citicorp Investment Bank (Singapore) as joint arrangers and dealers of the programme. Ascendas president and CEO Chong Siak Ching said yesterday: "The MTN programme will240 words
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219 2007-09-07 7 Reuters DBS Group Holdings said yesterday it was premature to comment on reports that negotiations to raise its 16 per cent stake in Thailand's TMB Bank have failed. Reuters reported on Wednesday, quoting TMB executives, that TMB had started talks on sellingReuters - 219 words
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466 2007-09-07 8 CHOW PENN NEE - CHOW PENN NEE Annual ranking of profitable big-cap firms dominated by Indian companies TWO Singapore companies have made it to the Forbes Asia Fabulous 50 List, an annual ranking of big-cap profitable companies. The third annual ranking, like the second, is dominated466 words
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Article, Illustration334 2007-09-07 8 LYNETTE KHOO - LYNETTE KHOO Forbes said more Chinese firms would have made the list but transparency remained an issue, even at the biggest of the old state-owned enterprises. Taiwan companies on the list hail from the island's tech industry and include Hon Hai Precision Industry, which334 words
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Article7661 2007-09-07 8 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (Spore) Star Europe Eqty!** 1.198/ Star Europe Bond 1.065/ Star Europe Bal 1.242/ Star Asian Tiger Eqty 1.605/ Star Asia Bond 1.287/ Star Asia Balanced 1.101/ Star Global Technology Fund!** 0.241/ Multi St Fd 0.977/ Star Asia Bond(USD) 0.845/ Gib Multi St USD7,661 words
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Article, Illustration386 2007-09-07 11 Bloomberg Chip maker's July estimates range from USssm loss to USssm profit CHARTERED Semiconductor Manufacturing Ltd, the world's third-largest made-to-order chip maker, said it may report a loss in the third quarter as lower chip prices drive down revenue. Chartered stuck with a JulyBloomberg; BLOOMBERG - 386 words
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Article, Illustration462 2007-09-07 11 Reuters SINGAPORE Technologies Engineering Ltd's electronics arm is keen to win more rail projects and hopes to announce a new deal early in the fourth quarter, its president Seah Moon Ming said yesterday. Mr Seah also said that ST Electronics the sec-ond-highest– Reuters; FILE PHOTO - 462 words
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COMPANY BRIEFS
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58 2007-09-07 11 PT DBS Vickers Securities Indonesia (DBSVI), the Indonesian securities arm of DBS Group, said that, as part of its business realignment, it has returned its asset management licence to the Indonesian capital market supervisory agency. DBSVI said it will focus on providing a comprehensive blend58 words
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82 2007-09-07 11 STX Pan Ocean said that it has entered into a contract with STX Shipbuilding Co to build a semisubmergible heavy cargo carrier for "mid US$5O million", to be delivered in the second half of 2008. The company also agreed to sell a handysize82 words
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49 2007-09-07 11 GRAND Banks Yachts said the group's performance for the first half ending Sept 30, 2007, will be materially lower than both the first half and the second half of the previous financial year. The company cited "several unfavourable market and economic conditions".49 words
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242 2007-09-07 11 UMA SHANKARI - UMA SHANKARI SWIBER Holdings, which provides services to the offshore oil and gas industry, is buying an offshore derrick crane for US$53.l million. The vendor is Hydralift AmClyde Inc, a unit of US-based National Oilwell Varco. Swiber will pay for the crane using money242 words
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Advertisement355 2007-09-07 7 Aver Shadow \\,ALT I T U D F. BP^ >^^ DAVIDOFF V'"fl A TO Citi Premier Miles Most miles. RfflfrffJfflflHff? P'" .^v fmißßflffl Mos* freedom to redeem them. /2 y>J They are your miles. So shouldn't you have the choice w^l 0 Unlike ordinary miles, Citi Miles do so much355 words
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Advertisement83 2007-09-07 8 Allianz Global Investors one of the world's largest asset managers with more Allianz (jjj) than US$l.2 trillion assets under management as at 31 December 2006. G,obal lnvestors company regn. no *****7169Z Br jIL AVOID THE POPULAR |jk When any method for selecting stocks becomes popular, then switch to unpopular methods.83 words
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Advertisement139 2007-09-07 9 SHlFT_performance NISSAN J Showrooms: Authorised Dealers: Auto Mega Trading Pte Ltd 300 TampinesAve 5, #01-01, NTUC Income Tampines \^J^ Tan Chong Motor Sales Pte Ltd Qukjt Tjmah Qll Bukit Timah Rd Te 6466 7711 Junction. Tel: 6787 2882 Hong Heng Co Pte Ltd 33 Sembawang Road, #01 -01 /02. Tel:139 words
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SINGAPORE MARKETS
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Article, Illustration549 2007-09-07 10 R SIVANITHY - R SIVANITHY STOCKS Wrong index readings for second consecutive morning shift trading focus to stocks like Alantac ANOTHER day, another computational error source unknown in the Straits Times Index. For the second consecutive morning yesterday, traders had to grapple with a wrong indexs: Bloomberg - 549 words
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Article102 2007-09-07 10 Up Down Unch Up Down Unch Up Down Unch lulti Ind 12 2 4 0 0 0 12 lanufacturing 103 47 54 27 10 130 53 64 Commerce 47 21 10 57 11 25 "pt/Stor/Comms 19 12 11 22 12 11 :inance 12 12 Construction 11 18102 words
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Article118 2007-09-07 10 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 31.435 31.435 141.747 141.747 lanufacturing 417.820 367.165 784.985 337.256 98.867 436.122 Commerce 189.707 12.977 202.684 194.337 4.573 198.910 'pt/Stor/Comms 115,165 3.422 118.587 328.059 2.651 330.709 :inance 47.240 47.240 388.581 388.581 Construction 146.406 48.440 194.846 64.565 11.133 75.698 'roperties 59.074118 words
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Article208 2007-09-07 10 Jlgreen 0.51 1.700 +0.010 JMH 3.36 28.400 -0.300 SPC 0.47 6.200 \scendasreit 0.87 2.420 +0.040 JSH 2.06 15.000 +0.700 SPH 2.90 4.380 CapitaComm 0.51 2.520 -0.010 Jardine C&C 0.87 17.300 +0.900 ST Engg 1.64 3.760 Semb Corp Ind 1.93 5.750 +0.150 Capita Land 4.83 7.500 Jurong208 words
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Article, Illustration927 2007-09-07 10 UMA SHANKARI - UMA SHANKARI Small Caps Kelive Research, Sept 5 SELLDOWN presents buying opportunity: The recent market sub-prime rout has led to a 20 per cent slide in the Straits Times Index and an even larger 25 per cent drop in Sesdaq a proxy for small caps. While market conditionsSource: Bloomberg - 927 words
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Article, Illustration540 2007-09-07 10 LARRY WEE - LARRY WEE CURRENCIES THE still-fragile state of financial market nerves was underlined once again in overnight trading, when Wall Street tumbled anew following the release of weaker-than-expected US housing and jobs numbers. Traders reported that Wall Street's key stock indices suffered a one: Reuters | - 540 words
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Article43 2007-09-07 10 CLOSE 610.00 -154.0 IT OB/OS IT CADI -*****.00 +201.0 IT 10-day MA -*****.00 +61.00 ll-SG Equities 949.50 +5.54 G Equities Elect 120.54 -1.00 G Equities Fin 2394.44 +19.14 G Equities Prop 1462.42 +3.10 IMSCI 425.41 +2.63 IMSCI Futures 426.20 +2.2043 words
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Article60 2007-09-07 10 VOLUME Alantac 79,517,000 Jade Tech 77,054,000 Global Ariel 74,639,000 Armarda 65,931,000 Liang Huat 50,128,000 HLG 41,511,000 *Star Cruises 40,842,000 Gen Intl 36,875,000 Oculus 36,197,000 China XLX 35,713,000 VALUE(S) DBS Grp 132,194,727 SGX 81,957,260 UOB 81,739,204 Sing Tel 81,340,120 OCBC Bk 78,725,950 Cosco Corp 75,662,785 Keppel Corp 75,074,04060 words
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Article100 2007-09-07 10 CLOSE UP ISH 1500 106.8 4.9 LP 10US$ 6770 91.5 0.9 lardine C&C 1730 90.0 5.5 China H 10US$ 1860 61.0 2.2 lembMar DBeCW*****5 228 38.0 20.0 t sia Pac Brew 1360 30.0 2.3 iutian 282 28.0 11.0 lembMar SGAeCW*****6 96 25.5 36.2 "IH 378 22.0 6.2 lembMar BNPeCW*****3100 words
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Article118 2007-09-07 10 BY CENTS CLOSE DOWN JMH 2840 -45.8 -1.0 STI 3500SGAePW*****7 52.5 -45.5 -46.4 Great Eastern 1780 -20.0 -1.1 SIA 10 1880 -20.0 -1.1 Venture Coi 1530 -20.0 -1.3 B Sembawani 995 -15.0 -1.5 MOIL 221 -13.7 -3.9 Shani iriLa Asia 2050 -11.8 -2.8 Peoi le's Food 128 -11.0 -7.!118 words
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Article86 2007-09-07 10 Where S$ stands Sep 6 CHNG CLOSE FRSep5 YR 2007 S$ LOW S$ HIGH USS 1.5257 0.12 1.5479 1.5033 Euro 2.0833 -0.39 2.0996 1.9913 Pounds 3.0895 -0.68 3.1194 2.9323 AS 1.2622 -0.61 1.3411 1.1741 Yen* 1.3219 -0.30 1.3821 1.2285 Rupiah* 0.***** 0.06 0.***** 0.***** Baht* 4.4481 0.15 4.5700 4.173086 words
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Advertisement24 2007-09-07 11 •a: S 1 CHARTING DIRECTIONS Place your AGM and EGM notices in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. MATS NOTICES H24 words
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Advertisement220 2007-09-07 11 Others see standby cash. You recognise opportunity. Cashline Platinum. The Power Of Leverage. Get up to $200,000 A at only 6% per annum. With a generous credit limit of up to $200,000 A, this credit line provides you with cash to do whatever you want. Be it to invest in220 words
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SINGAPORE NEWS
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285 2007-09-07 12 CONRAD TAN - CONRAD TAN Top Doha Bank exec is here to attend his bank's global warming seminar THE deputy chief executive of Qatar's Doha Bank says it is vital that banks act to protect the environment and is in town to spread his message of285 words
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Article, Illustration361 2007-09-07 12 MATTHEW PHAN - MATTHEW PHAN NUCLEAR energy could be a "dangerous easy fix" in countries with no proven record of managing nuclear plants, National Environment Agency chairman Simon Tay said yesterday. With Indonesia, Vietnam and Thailand planning to build nuclear plants, Singapore has requested that Asean set up361 words
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308 2007-09-07 12 LOCAL computer game companies will now find it easier to spread their wings across Asia, thanks to a new agreement inked between Singapore and the region's leading computer game associations. The pact signed yesterday between 10 of Asia's national game bodies,308 words
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Article, Illustration480 2007-09-07 12 ARTHUR SIM - ARTHUR SIM Number of rooms up 47%, but arrivals not matching rise ASIA'S gaming capital, Macau, may have posted year-to-date growth of 21 per cent in tourist arrivals but Citigroup head of research (Hong Kong) Anil Daswani says it will likely be "a disappointmentREUTERS - 480 words
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310 2007-09-07 12 ON the back of good demand for industrial space, JTC Corporation yesterday launched a 235,400 sq ft land parcel at Pioneer Road/Tuas Avenue 11 for sale, and market watchers estimate that the site could fetch as much as $7.6 million310 words
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277 2007-09-07 12 CREDIT card companies in Singapore are turning their sights on the country's young affluent those 25 to 35 years old with annual income of $50,000 and above. American Express (Amex) yesterday launched new extra privileges for its Platinum Credit Card aimed at277 words
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Advertisement287 2007-09-07 12 "HP TPHfIQ A\A/fl Qll\/ IC QlirPllf IWIfIFP FynPnClllP Forthoseintheknow, the fun benefits of a SUV is in the full-time, real I lIC IGIIUO tWWU SJVJy IO UUICIy IflUlO LA|JOIIOIVC 4WD model with center differential lock. You'll benefit from the better road m m control, especially while taking the corners, when287 words
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ECONOMY WATCH
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Article, Illustration639 2007-09-07 13 Negotiations at crucial, probably final phase; hurdles remain though [SYDNEY] Asia-Pacific ministers agreed yesterday to accelerate global free-trade talks, saying that negotiations were at a crucial and probably final phase. However, trade and foreign ministers at the Asia-Pacific Economic Cooperation (Apec)AFP - 639 words
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355 2007-09-07 13 Bloomberg [BEIJING] China ordered banks to put aside more money as reserves for a seventh time this year to cool the economy after inflation surged to a 10-year high. Lenders must set aside 12.5 per cent of deposits starting from Sept 25,– Bloomberg - 355 words
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432 2007-09-07 13 AFP [GENEVA] Unctad warned about the destabilising effect of speculative financial markets on Tuesday, and called for World Trade Or-ganisation-style global arrangement to oversee exchange rates. "As exchange rates are crucial for international competitiveness and trade relations, exchange rate shifts should be managed inAFP - 432 words
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Article2389 2007-09-07 13 iep RM C000) \&M Realty 0.82 \bricBhd 0.29 \dvance Synergy 0.35 \dventa Bhd 1.46 \eMulti Hldgs 0.29 \ffin Holdings 2.66 \hmad Zaki Resou 4.52 Me Corp 0.58 Mrasia Bhd 1.96 \kn Messaging Te 0.20 \kn Technology 0.85 Muminium Co 1.28 Amalgamated Ind 0.54 \minvestment Grp 3.62 \mmb Hldgs2,389 words
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MALAYSIA/INDONESIA
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589 2007-09-07 14 S JAYASANKARAN - S JAYASANKARAN The best-selling paper's editorial stance has not dimmed its allure MALAYSIA'S biggest-sell-ng English newspaper, The Star, continues to domilate the media market, despite a decidedly softer edi;orial line and news of an sditorial shake-up. The Star's evolution ?rom underdog into olue-chip best-seller589 words
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Article, Illustration556 2007-09-07 14 LAUREL TEO - LAUREL TEO MILITARY and trade relations between Indonesia and Russia look set to climb to new heights, following an historic 10-hour state visit here yesterday by Russian President Vladimir Putin. Mr Putin, who led a large delegation of Cabinet ministers and aboutAFP - 556 words
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251 2007-09-07 14 Bloomberg [KUALA LUMPUR] Malaysia is reviewing proposals from overseas lenders including HSBC Holdings Pic to set up standalone Islamic banks in its latest bid to attract investment. "Once we have made a decision on it we will announce it to the market," Muhammad Ibrahim, an■ Bloomberg - 251 words
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Advertisement274 2007-09-07 14 RRI H fc.!^; Diners Club Card r oapp ac «//64i6 0980 .A W&r/J of Exclusive Privileges Treats (|~|^fc Diners Club Delectable Hawker Gourmet Be spoilt for choice with Cafe Vie's extensive buffet spread ranging from delectable hawker fare to succulent BBQ meats. Indulge in famous local delights j^^k L^ffSt es^274 words
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Advertisement25 2007-09-07 14 HOT IPO Attract more interest from investors. Place your IPO notice in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. f •IP NOTICES H25 words
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GREATER CHINA/INDIA
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Article, Illustration276 2007-09-07 15 ■AFP [MUMBAI] Europe's largest car maker Volkswagen on Wednesday announced the launch of its first locally assembled premium car, the Passat Sedan, in India. Volkswagen said India's fast-growing car market was an important area for expansion by the company. "The Passat will set■AFP; AFP - 276 words
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173 2007-09-07 15 AFP [SINGAPORE] India has the largest number of profitable companies with revenues or market capitalisation above US$5 billion in the Asia-Pacific region, Forbes business magazine said yesterday. The US business publication said 12 Indian companies, including the country's biggest mobile phone service providerAFP - 173 words
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303 2007-09-07 15 ■AP Higher steel, rubber prices are likely to increase costs: Tata [NEW DELHI] Indian car maker Tata Motors is on track to begin selling an ultra-cheap small car next year, a top executive said on Wednesday. Managing director Ravi Kant, however, acknowledged that■AP - 303 words
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215 2007-09-07 15 ■AFP [SYDNEY] Western countries are behind moves to keep India out of the Asia Pacific Economic Cooperation (Apec) forum because they are concerned that its entry would tip the balance of power towards Asia, an official said yesterday. India was among■AFP - 215 words
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370 2007-09-07 15 Reuters It had postponed plan earlier out of concern for volatility [MONTREUX, Switzerland] China, the world's fourth biggest economy, is likely to launch stock index futures in November, following a communist party leadership meeting in October, industry sources said on– Reuters - 370 words
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426 2007-09-07 15 Bloomberg But entry of global investment banks likely to hurt local firms, says analyst [DALIAN, China] China will lift a one-year moratorium on foreign investment in the securities industry, allowing firms such as Citigroup Inc to compete in the world's best-performing stock– Bloomberg - 426 words
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Advertisement24 2007-09-07 15 HOT IPO Attract more interest from investors. Place your IPO notice in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. MATS NOTICES X24 words
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Advertisement371 2007-09-07 15 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 staff371 words
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Advertisement4575 2007-09-07 16 ©IN THE MATTER OF BAKER THE COMPANIES ACT (CAP.SO) CAMBRIDGE EW" mucmSibof INDUSTRIAL TRUST ABN AMRO MEHON SINGAPORE PTE LTD (a unit trust constituted in the Republic of Singapore pursuant to a trust deed dated 31 March 2006 [COMW^Rras^raN^O(MMl37osßl (amended)) BAKER TECHNOLOGY LIMITED notice of resolutions Mn-rioc «c EVTDAnQniuinv EMEDA4,575 words
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WORLD
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658 2007-09-07 17 Reuters, AP, Bloomberg LATEST US DATA Federal Reserve says market turbulence has noticeably hurt housing activity in recent weeks [WASHINGTON] US service industries expanded at a faster pace than forecast in August, easing concern that the financial market turmoil and collapse in theReuters, AP, Bloomberg - 658 words
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262 2007-09-07 17 Bloomberg [NEW YORK] News Corp's Rupert Murdoch, the tabloid-newspaper owner who won a bid to buy Dow Jones Co last month, took the top spot in Vanity Fair's 2007 ranking of the 100 most powerful and influential people for the second yearBloomberg - 262 words
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Article, Illustration600 2007-09-07 17 neuters, Bloomberg ECB pumps 42b euros into tight money markets [LONDON] The European Central Bank (ECB) and Bank of England held interest rates steady yesterday after the ECB again provided emergency funds to turbulent money markets. The Bank of England leftneuters, Bloomberg; BLOOMBERG - 600 words
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309 2007-09-07 17 Reuters [NEW YORK] Apple Inc's steep price cut on the iPhone, just two months after launch, is a sacrifice that may pay dividends if it boosts holiday sales and paves the way for a successful European debut. Chief executive Steve Jobs announced on– Reuters - 309 words
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Article, Illustration297 2007-09-07 17 LAT-WP [LOS ANGELES] Fred D Thompson launched his presidential bid on Wednesday on a late-night talk show in Burbank, California, as eight rivals for the Republican presidential nomination hashed out their differences across the country in a New Hampshire debate. "I'm running for presidentLAT-WP - 297 words
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465 2007-09-07 17 -NYT [NEW YORK] Citigroup said on Wednesday that it was shutting its Tribeca Global Investments hedge fund, in the first significant move since Vikram S Pandit took over its alternative investment group. The move is intended to cut about 50 jobs, mostly-NYT - 465 words
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Advertisement76 2007-09-07 17 I i In 9 rfciHl *£sHj ii I ill jJ^^^wlliL^ iSI H I jHff~~ r I-* tvnes I BUY/ SELL M _t- ft ROLEX/PATEK PHILIPPE BREGUET/PIAGET/AP VACHERON/IWC/JAEGER •#Ol-45A Peninsula Plaza *****155 (ffi#*M) •#O2-90K People's Park Complex 6327 4628 C*ft#f) •#Ol-45 Theßencoolen 6333 1921 (M4ffiffiWifPffi^) •#Ol-51 Orchard Plaza 6836 3272 (^UWikf1*)76 words
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EDITORIAL & OPINION
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479 2007-09-07 18 JAPAN'S economy is showing ominous signs of slipping back into recession a growth recession, if not yet an absolute recession. A batch of ministers who are new on the job, having been appointed in Prime Minister Shinzo Abe's Cabinet reshuffle only a week ago, hardly479 words
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Article, Illustration1262 2007-09-07 18 LEON HADAR - LEON HADAR The financial turmoil could be exacerbated if the Fed does not fulfil Wall St expectations IT might sound a bit dramatic. But make no mistake: US administration officials and lawmakers, led by President George W Bush and the chairman of theAFP - 1,262 words
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Article, Illustration760 2007-09-07 18 SHADA ISLAM - SHADA ISLAM THE BOTTOM LINE TURKEY'S new president Abdullah Gul's Islamist past may not make him popular among the country's staunchly secularist army but the Turkish leader can count on the support of a surprising number of EU policymakers who believe his election760 words
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Article, Illustration1233 2007-09-07 19 VICKIE TILLMAN - VICKIE TILLMAN Should or could downgrades for sub-prime debt have been made sooner? No, and here's why By T- HE fallout over sub-prime mortgages has provoked a rush to judgment, and perhaps inevitably, some are now blaming the credit rating agencies for the recent marketAFP - 1,233 words
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986 2007-09-07 19 MICHAEL LEWIS - MICHAEL LEWIS SO right after the Bear Steams funds blew up, I had a thought: This is what happens when you lend money to poor people. Don't get me wrong: I have nothing personally against the poor. To my knowledge, I have986 words
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Page 19 Advertisements
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Advertisement41 2007-09-07 19 Delicioso! Take a trip to Barcelona at Robertson Walk and get 30% off all food items. Get your copy of Tlie Business Times Weekend tomorrow for more details. THE BUSINESS TIMES Organised by: Managed by: \l^gS?^y^ja<'7< HJI FRA&ER AND NEAVE GROUP41 words
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Page 20 Advertisements
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Advertisement8 2007-09-07 20 'i i^^MV 'I^Mu^Mi H^ jg^u^iiKi raiiu I IS8 words
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AVIATION
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Article, Illustration713 2007-09-07 21 -AP But delay won't affect delivery of first plane next spring, it says [SEATTLE] Flight testing on Boeing Co's new 8787 jetliner has been delayed until mid-November or mid-December, months later than originally planned. But company executives insisted that they remain on-AP; FILE PHOTO - 713 words
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294 2007-09-07 21 ■AFP NAIROBI] Africa's aviation ndustry on Wednesday called for a code of conduct ;o regulate a crippling flow af pilots from the contilent's struggling airlines to "icher and more estabished ones elsewhere. African Airlines Associaion (AFRAA) secretarygeneral Christian FollyfCossi urged African nations ;o■AFP - 294 words
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264 2007-09-07 21 AFP It bought 25 8737s late last year, with delivery till 2012 [JAKARTA] Flag carrier Garuda Indonesia is considering buying 20 Airbus 320 aircraft, worth about US$l.3 billion, airline director Ari Sapari said yesterday. "It is still just a discussion, we still needAFP - 264 words
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312 2007-09-07 21 Bloomberg [SEATTLE] UAL Corp's United Airlines set a goal of delivering passengers' bags within 25 minutes of arrival as the world's secondlargest carrier tries to improve service and avert a federal directive. The move is a response to record flight delays andBloomberg - 312 words
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187 2007-09-07 21 -AFP [HONG KONG] Casino magnate Stanley Ho will expand his fleet of jet aircraft in an effort to lure gamblers to Macau, his airline said yesterday, as competition to attract high-rollers to the city heats up. Jet Asia, the aviation arm of Mr-AFP - 187 words
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449 2007-09-07 21 Bloomberg [WELLINGTON] Dubai Aerospace Enterprises has abandoned plans to buy control of Auckland International Airport Ltd, clearing the way for a Canadian asset manager to acquire a stake in New Zealand's largest airfield. Dubai terminated a NZ$2.6 billion (552.73 billion) agreement to buyBloomberg - 449 words
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Article2346 2007-09-07 21 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), Al Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), Bl Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR2,346 words
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SHIPPING
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739 2007-09-07 22 SELVA KUMAR - SELVA KUMAR ADMIRALTY CASEBOOK BANK'S mortgage over a vesm sel does not include bunker fuMcl or lubricating oil on the vessel because these cannot be considered physical parts of the ship, an Australian court ruled last month. The vessel in the case,739 words
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TRANSPORT STOCK
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Article111 2007-09-07 22 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KiVentures Keppel Corp Labroy Marine MTQCorp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.88 0.37 5.40 1.00 5.80111 words
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Article31 2007-09-07 22 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd 1.47 9.30 9.50 4.22 2.97 0.29 unch -0.25 -0.05 0.10 unch 0.01 16i 32: 56! 275: i 15!31 words
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Article12 2007-09-07 22 ■oo ■recious Ship Jegional Cont 34.50 30.25 -1.50 -0.50 324) 166112 words
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Article20 2007-09-07 22 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 6.50 unch 1.90 unch unch unch -0.08 unch 118! 1120 words
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Article24 2007-09-07 22 iep^ Evergreen Marine ....23.05 :irst Steamship 80.60 /Van Hai Lines 24.30 r"ang Ming Marine ..25.25 1.50 5.20 1.10 1.00 31 3 6 1824 words
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Article42 2007-09-07 22 '000 iep^ 'en (awasaki Hvy Ind ..443.00 2.00 1387! (awasaki Kisen ...1542.00 7.00 874( Mitsubishi Hvy 675.00 -18.00 4040! Mitsui Eng&Sbldg ..594.00 -5.00 1065} Mitsui Osk Lines ...1714.00 20.00 950! Mippon Express 581.00 -6.00 299: MipponYusen 1120.00 -2.00 624' iource: Reuters42 words
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217 2007-09-07 22 [LONDON] Cruise ship operator Carnival Corp said on Wednesday it was dropping plans for a joint venture with European tour operator TUIAG, blaming German regulatory hurdles. The two companies said they had agreed to withdraw antitrust filings with German and Austrian cartel officials. They had217 words
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Article, Illustration356 2007-09-07 22 Bloomberg Shares rise 10%, reaching daily trading limit for third day [SHANGHAI] China Cosco Holdings Co, poised to buy the world's largest dry-bulk fleet, expects rates for carrying iron ore, coal and other commodities to carry on climbing because of theBloomberg; BLOOMBERG - 356 words
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586 2007-09-07 22 Reuters Work starts on group's near US$l b joint venture port in Shenzhen [BEIJING] Danish shipping and oil group AP MoellerMaersk opened a US$3BO million container terminal in Xiamen yesterday, in a bet that China's trade growth will fill its ports despite concerns aboutReuters - 586 words
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Article, Illustration523 2007-09-07 22 Bloomberg Some fear flattening of shallow-water equipment market [HOUSTON] Transocean Inc, the biggest provider of offshore drilling rigs, contracted dayrates with India's state-run oil company that were lower than analysts expected, spurring concern that the shal-low-water equipment market is plateauing. New contracts for– Bloomberg; AFP - 523 words
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357 2007-09-07 22 Bloomberg [SINGAPORE] Freight rates for smaller cargo ships may extend a record rise, tracking gains in bigger carriers, on booming demand for moving farm products and other dry commodities. The Baltic Supramax Index, made up of five time-charter routes for that type ofBloomberg - 357 words
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Page 22 Advertisements
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Advertisement44 2007-09-07 22 SALE /RENTAL REPAIR Ocean Harbour Flattop barges 180x50x10; 120x40x8; 150x50x10; 180x60x12; 230x70x14; 210x60x12; 330x100x20. Tugs 625 to 3200bhp Twin Screw Tugs Crane Barge: 280 ton, 250 ton, 200 ton Vessel Floating repair fabrication available Interested please CALL David Kwck at *****997. Kirn Heng Maritime44 words
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SINGAPORE STOCKS
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Article8423 2007-09-07 23 Transaction date: Sep 6 iialL Low Code Company Sale ('000) High ■ow Buyer Seller C'vr P/E Sinii 3.5 2 5716 1st Software 22 6.5 3148 STelecom 34 17.5 5834 A-Sonic 103 98 6389 ABF SG Bond ETF 30 15.5 1938 AEI Corp 27 14 1100 AEM 42 108,423 words
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Article71 2007-09-07 23 Hii Low Code Comi >an< Sale Cooo) Hii Low Bui rer Seller C'vr P/E $mil ***** 119 6065 Diamonds 5000 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P500 ***** ***** 6170 SPDRS 3730 2549 6235 STI ETF 100 3761.6 2544.271 words
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Article2070 2007-09-07 23 52-Wk Tel High Low Code Last Sale Vol Cooo] Day Last Quote Div GrYld Net MCap |h Low Buyer Seller C'vr P/E $mil Comi >an' Hii 30 13 1181 AAGrp 41.5 18 5000 ABR Hldgs 31 25 8538 APStrategic 16.5 1.5 1501 Advanced System 70.5 9 1524 Alantac2,070 words
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Article258 2007-09-07 23 STOCK PRICES LEGEND: Straits Times Index Stocks; N Net 2 or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer cdca cum dividend cum258 words
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FINANCE & COMMODITIES
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356 2007-09-07 24 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Sep 5 World Index Preliminan 1131.3 -1.4 2.8 -1.2 4.3 -1.2 4.: EAFE Prel liminan 1123.1 -1.6 1.4 -1.1 4.2 -1.1 4.I Euro[ Preliminan 1532.6 -1.8 2.6 -1.3 5.3 -1.3 5.: Pacific356 words
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Article118 2007-09-07 24 As at 9am Sep 6 )f foreign currency: Currencies Bid Offer lust dollar 1.2470 1.2620 Can dollar 1.4420 1.4590 iuro 2.0740 2.0980 IZ dollar 1.0390 1.0620 jterlin mnd 3.0690 3.1040 JS dollar 1.5200 1.5370 .ocal dollars to 100 units rf foreign currency: Currencies Bid Offer Chi118 words
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Article145 2007-09-07 24 Sep 6 ler Civernight 2 9/16 -month 2 5/8 l-months 2 11/16 l-months 2 3/4 Overnight mode: 2.35 2 7/16 2 1/2 2 9/16 2 5/8 JS$ Offer Bid days month months months 1 months months 2 months >Fr 5.85 5.90 5.85 5.80 5.60 5.40 5.30 Offer 5.75145 words
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Article21 2007-09-07 24 Sep 6 STI IIMSCI Sep 424.2 427.1 426.2 "aiwan Se 339.3 349.4 348.7 Source: MF Global (S) Pte. Ltd21 words
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Article20 2007-09-07 24 Sep S$ Bid Offer -month 1.5216 1.522' i-months 1.5173 1.518! l-months 1.5144 1.5151 i-months 1.5053 1.5061 Source: OCB<20 words
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Article148 2007-09-07 24 Sep 6 lurrencies Bid Offer Bid Offer >$/US$ to one unit of foreign currency: Australian dollar 1.2586 1.2598 0.8250 0.8252 Canadian dollar 1.4483 1.4500 0.9493 0.9498 iuro 2.0821 2.0841 1.3648 1.3652 IZ dollar 1.0554 1.0566 0.6918 0.6921 aterlim 3.0864 3.0891 2.0231 2.0235 IS dollar 1.5256 1.5266 >$/US$148 words
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Article341 2007-09-07 24 Sep 06 URODOLLAR FUTURES >ep07 3ec07 Vlar08 Iun08 94.405 95.060 95.475 95.575 0 0 0 0 8416 ***** ***** 6089 EUROYEN FUTURES iep07 99.170 99.170 3ec07 99.150 99.155 Vlar08 99.135 99.135 Iun08 99.080 99.100 iep08 99.050 99.050 3ec08 98.975 98.975 Vlar09 98.910 98.910 Iun09 98.800 98.810B 99.165341 words
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Article282 2007-09-07 24 Sep 06 RUBBER Futures (Closing prices) RSS 1 (S cents/kg) Month High j Low Close Sett Volume (tonnes) Open Interest Oct 07 Nov 07 Dec 07 Jan/Mar 08 Apr/Jun 08 Jul/Sep 08 329.25 328.75 327.50 328.25 331.25 333.50 RSS 3 (US cents/kg) Month HigJ lh Low Sett Volume282 words
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Article103 2007-09-07 24 Sep 51 (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Sep 07 889.00 892.50 901.00 887.00 Nov 07 903.00 907.50 916.50 900.50 Jan 08 918.50 922.50 930.50 915.50 Mar 08 928.75 932.50 941.50 927.00 SOYBEAN/OIL (60,000 IbsjUscent/lb) Close Previous High/Low Sep 07 37.31 37.19 37.60 37.07103 words
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Article74 2007-09-07 24 CRUDE OIL PRODUCTS Sep 5 origin) ISS/barrel Close Cham irent blend (1-Mth F) 73.92 0.06 VTI (Near Mth) 75.90 0.81 Jubai (1-Mth F) 69.44 0.95 "apis blend 79.75 1 ifiinas 75.2 0.15 >RODUCT JSS/barrel (FOB S'pore) Close Change Maphtha let Kerosene 72.75 85.55 0.10 0.65 JSS/barrel )pec Oil Basket Price74 words
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Article468 2007-09-07 24 Sep 6 AS CS Rmb Euro HKS Ind Rs Ru| Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound us: wstralia 0.869 6.223 0.604 6.428 33.648 77.580 0.952 7.749 2.895 1.192 49.976 38.433 1.259 5.965 0.994 27.264 26.774 0.408 0.825 Canada 1.151 7.162468 words
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Article88 2007-09-07 24 Sep 6 'eriod Issue code Maturity Yesterday's Bid Hii Day's |h Loi 1-Month BQ*****X 06.12.07 -Year BY*****V 30.04.08 2.35 2.35 30VERNMENT BONDS 'eriod Issue Coupon Maturity code rate Close Bid Hie Day's igh Loi !-Year N*****0Z 2.375 i-Year N*****0A 2.625 '-Year NX*****F 3.625 0-Year NY*****F 3.750 5-Year NY*****X88 words
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Article68 2007-09-07 24 Sep 06 mth mths 5.***** 2.***** 6 mths 2.***** 9 mths 3.***** 12 mths 3.***** 5.***** 2.***** mths 5.***** 2.***** 2 mths mths mths 5.***** 5.***** 5.***** 2.***** 2.***** 2.***** SWAP Mid rates (S$) 1 yr 2.***** 2yrs 2.***** 3yrs 2.***** 4yrs 2.***** 5yrs 3.***** 7yrs 3.***** 10yrs 3.*****68 words
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Article57 2007-09-07 24 Sep 6 lelivery lonth Opening Range Sett Av Price Price Hii Vol Open Done Position Low ;ep07 2535 2515 2540 2509 394 3d 07 2505 2493 2520 2490 960 Jov07 2491 2470 2498 2465 3470 )ec07 2475 2452 2479 2448 651 Total o/p: ***** contracts Turnover: 5681 lots57 words
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Article153 2007-09-07 24 Sep 6 /oz) >ep >ep long Kong .ondon 683.00 678.00 684.00 679.00 Sep 04 Sep OS 679.90 682.20 680.50 682.80 Source: Reuters (SS) Selling Buying 1 oz 1160.95 1037 UBS GOLD LUNAR KINEBAR (SS) Selling Buying 10gm $406.60 334 SILVER Selling Buying (SK Sellim Bu rim $406.60 Selling153 words
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Article66 2007-09-07 24 iluminium, 99.7% mrity (USS/tonne) Close Previou: :ash 2388.20 2393.21 I months 2445.00 2451.01 Copper, Grade A (USS/tonne) months 7223.00 7160.00 7369.0I 7310.01 .ead (USS/tonne) :ash 2970.00 I months 2923.00 3044.01 2999.01 Jickel (USS/tonne) ]ash I months *****.00 *****.0I *****.00 *****.0I 'in (USS/tonne) ]ash I months *****.00 *****.0C *****.0066 words
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Article77 2007-09-07 24 Sep 5 (£/tonne) Close Prev Hii ih/Low ,ep07 940 936 )ec07 952 951 i/lar 08 960 967 i/lay 08 971 978 940/918 956/932 967/947 977/960 IOFFEE (USS/tonne) Close Pev High/Low iep07 1720 1733 1731/171 Mov07 1770 1788 1792/1761 Ian 08 1740 1759 1761/173 Vlar08 1721 1739 1740/171' SUGAR (US77 words
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Article2677 2007-09-07 24 BONDS WARRANTS Pel lode Company Last Sale Vol Conv Exer +or- ('000) Ratio Price Disc Gear- Mths ing Left 5058 Advance Modules GrpW*****3 5 -3 50 1 17 83 2.40 59 5036 Advance SCT Ltd W*****9 27.5 1.5 2045 1 87 29 3.24 35 5878 Aztech Systems W*****6 17.5 12,677 words
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Advertisement2401 2007-09-07 25 m The Business Times mmm Shipping Times UK CONTINENT SERVICE U.S.A SERVICE TOj^m^r^ Destination Destination m^g STXPOTBN RTM/ANR/TIL MARY G CDN/NFK/SAV/NOL I.NTERAS.A RORO SERVICE 1 VESSEL/VOY I RAMPQCT) HEIGHT(M) PKG KCH LCB I SIN I JKT Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia STRAITS SUCCESS 25 10 32,401 words
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Advertisement4443 2007-09-07 26 %r^\,*,*u ..urr S-!XE A™°^,l73 ELTD fFp; EASTERN CAR LINER, LTD I I <j» £3®39g^ VxXMNiAiAM lIAI INFV Customer Service/Bookings Direct Line-(1800) *****200 1 1 i —i r^V/Ms V «V**" fIMI LllltJ PKL TEL: (03) *****58S FAX: (03) *****288 PEN ILL: (04) *****00 FAX: (04)*****99 ll—^7_—l SPECIALIZE IN RORO HEAVY LIFT4,443 words
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Advertisement3333 2007-09-07 27 Wm% H R H 1 H IPSI Nordana (Asia) Pte Ltd SS™ I[& GLORY NAVIGATION GROUpI ftlwll fi3 fi3 ft9i BIBmI 70 Shenton Way, #21-03 Marina House Singapore *****8 F&^a] WPWUP MP north wf<;t fxppf<;<; imf I iNV^Kin vvcoi CArKCoo liinc m 11 111 1 n, owns operates the youngest3,333 words
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Page 28 Advertisements
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Advertisement4005 2007-09-07 28 ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n4,005 words
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PURSUITS
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Article, Illustration522 2007-09-07 29 NIGHT OUT Traffic-themed street party attracts 1,500 people of all ages and from all walks of life, writes MELISSA LWEE TRAFFIC jams are normally bad news, but this particular one last Saturday was different as nobody caught in it was cursing. Rather, they522 words
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Article, Illustration476 2007-09-07 29 WEI-TZE SAM - WEI-TZE SAM ART "Words move, music moves Only in time; but that which is only living Can only die. Words, after speech, reach Into the silence. Only by the form, the pattern, Can words or music reach The stillness, as a Chinese jar still476 words
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496 2007-09-07 29 CHEAH UI- HOON - CHEAH UI-HOON Annual event believed to offer highest prize money in region AN exhibition of works by 30 artists in Asia including two from Singapore is now taking place in Hong Kong, as part of an annual Asian art competition that is believed496 words
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Article, Illustration433 2007-09-07 29 WEI-TZE SAM - WEI-TZE SAM BOOKS Other Colours: Essays and a Story, Writings on Life, Art, Books and Cities By Orhan Pamuk Faber and Faber 419 pages Rating: A A SUSTAINED meditation on literature, culture, politics and the troubled nature of identity, Orhan Pamuk's latest book offers433 words
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429 2007-09-07 29 IMAGINE what life would be like if you could not read. But for 780 million adults one in five worldwide that is life. They cannot read or write. And more than 70 million children are out of school. Which is why International Literacy429 words
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EPICURE
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Article, Illustration740 2007-09-07 30 CHRISTOPHER LIM - CHRISTOPHER LIM Chefs share tips on how best to maximise your enjoyment WE may be still a couple of weeks away from the official mid-autumn festival, but chances are that you've already had more than one bite of snowskin covered white lotus paste740 words
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Article, Illustration614 2007-09-07 30 SAMUEL EE - SAMUEL EE Not as well known as vintages from across the border, but awareness has increased recently, writes HEN it comes to old world wines, France has always been in the forefront, overshadowing all other worthy producers, including those from Spain. "Spanish614 words
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Article, Illustration539 2007-09-07 30 SAMUEL EE - SAMUEL EE AS Spain's most celebrated wine style, the reds have long overshadowed the whites and roses. But this is a pity because the latter are crisp, light and thoroughly refreshing. So it is understandable that when you speak to Juan A Pelaez, the economic539 words
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1062 2007-09-07 30 N X YONG - N X YONG By THE Asian palate continues to maintain a great preference for red wines over white, to the extent that red wine is often drunk even with seafood. Why this is so is hard to understand. One factor could be the1,062 words
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Page 30 Advertisements
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CINEMA/MUSIC
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Article, Illustration523 2007-09-07 31 CHRISTOPHER LIM - CHRISTOPHER LIM CD REVIEW Jacintha Goes To Hollywood Jacintha Abisheganaden Groove Note Rating: B- IT'S been six years since Jacintha Abisheganaden's last jazz concert, though the media spotlight shone on her briefly last year when she replaced Douglas Oliverio as a judge on the523 words
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Article, Illustration524 2007-09-07 31 Neither comic nor dramatic, No Reservations is mainly mundane, writes GEOFFREY EU TWO cooks is simply one too many in No Reservations, a movie about a talented and overly intense com-Imander-in-chef whose well-ordered but one-dimensional world is undermined first by a family tragedy524 words
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Article, Illustration573 2007-09-07 31 CHEAH UI- HOON - CHEAH UI-HOON ALADDIN had a genie in a lamp. When it's a Chinese boy, the genie takes the form of a magic gourd. The boy and the gourd go on an adventure, and the boy learns a valuable lesson at the573 words
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Article, Illustration382 2007-09-07 31 PARVATHI NAYAR - PARVATHI NAYAR DVD MIRA Nair's The Namesake is a tale of two cities, Calcutta and New York, to which the film's protagonists Ashoke (Irrfan Khan) and Ashima (Tabu) Ganguli have migrated and which also mirror part of Nair's real-life journey. The movie looks at382 words
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Page 31 Advertisements
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Page 31 Miscellaneous
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Miscellaneous368 2007-09-07 31 CRYPTIC CROSSWORD ATDHCC HLnvjj BBFo^^^ BBFo^^^ BByl BBF^^^^ BBFft^^^ BBFt^^^ 8 Begin when unleashed (4,3) __BB__HB__H^H^^M__HB__HB__HB__ (3,4) 11 Songbird with something precious on top (9) fj BB^~^ 12 Man returns to say a few —^^J—^^J—^^J—^^J—^^^^^^^J—^^J— words (5) [■I'.nil-ii |>:it_i M.|l,t t.;. TT"^ BBBBBM^""^ leave another drunkard (5) 14 Silk net368 words
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executive lifestyle
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Article, Illustration762 2007-09-07 32 Cheah Ui- Hoon - Cheah Ui-Hoon Not every entrepreneur goes into business strictly with making money in mind. And not every socially conscious individual gives upp a steady income to do charity work. We look at three enterprising individuals who have created businesses that benefit both their bottom762 words
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Article, Illustration688 2007-09-07 32 John Grace - John Grace Janette Pope Menken, principal of Enigma Variations CHECKING one's voicemail may not be top on the to-do list of most successful entrepreneurs, but it is one of the keys to the success of special needs education entrepreneur Janette Pope Menken. The principal of EnigmaYEN MENG JIIN - 688 words
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Article, Illustration746 2007-09-07 32 Christopher Lim - Christopher Lim Bob Bowness, founder, Tribob CONFRONTED with a name like Tribob, you might envision a bobbing tricycle, or maybe some new-fangled health product from Osim. You'd be way off mark though, because Tribob is a company dedicated to coaching triathletes in Singapore and Asia, and746 words
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Page 32 Miscellaneous
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Miscellaneous11 2007-09-07 32 EPICURE The wine in Spain stays mainly in Spain, Page 3011 words
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Page 33 Advertisements
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Advertisement49 2007-09-07 33 The Business Times SINGAPORE 85 cents MICA (P) 202/12/2006 Tcßfe Ij^^^^k '^B urn ti jitii "'Wt*-" v mmWJ 9^ 'jj t 18. A MT AT AT AY AT AT AT AT AT AT 4 S^A /jif R \\mwATATATATATatAtATATAT Sk\\m^. Wat atatatat a^M ja m HH^_/vl \WmVATAYAfJm\ v it A49 words
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