The Business Times, 13 September 2007
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2007-09-13
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The Business Times
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Title Section21 2007-09-13 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asial .com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION MICA (P) 202/12/2006 Thursday, September 13,200721 words
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Article, Illustration838 2007-09-13 1 ANTHONY ROWLEY - ANTHONY ROWLEY Shock move opens up prospect of political uncertainty By in Tokyo JAPANESE Prime Minister Shinzo Abe dropped a political bombshell yesterday by abruptly announcing his intention to resign. The alternative was to face a showdown in parliament with opposition parties overAFP - 838 words
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MARKETS DIGEST
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Article46 2007-09-13 1 KLCOMP Wednesday Change 1,285.94 -0.39 NIKKEI 225 15,797.60 -80.07 HANG SENG 24,310.14 +357.90 SET INDEX 802.00 +0.46 JAKARTA COMP 2,209.93 -1.48 MANILA COMP 3,307.60 +39.63 SEOUL COMP 1,813.52 -33.84 SHENZHEN B 728.35 +8.81 MUMBAI IND 15,505.36 -37.41 12NOONEDT Change 13,327.98 +19.59 DOW NASDAQ 2,607.29 +9.8246 words
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Article29 2007-09-13 1 Bloomberg 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:Bloomberg - 29 words
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Article41 2007-09-13 1 US$ (S$ per US$) 1.517 (USS/SS )er 2.032 3.082 EURO(US$/S$/E) 1.385 2.100 YEN 114.10 75.20 RM 3.501 2.308 HK$ 7.786 5.133 BAHT 34.26 22.58 RUPIAH 9,415 6,206 RENMINBI 7.522 4.959 INDIAN RUPEE 40.47 26.68 A$ 1.198 0.790 NZ$ 1.416 0.93441 words
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Article, Illustration717 2007-09-13 1 SIOW LI SEN - SIOW LI SEN Number of people with multiple home loans up 64% in June as applications surge By [SINGAPORE] For thousands in Singapore, a single home or a single loan is no longer enough. Riding the property boom, with its promise of huge gains,717 words
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Advertisement89 2007-09-13 1 E PATEK PHILIPPE Begin your own tradition. *> J You never //N \IB actually own a I^. Xj^*^^ 1 ]O Patek Philippe. Jf; Im You merely look ■¥**HjHE»sij' after it for the *j Men's Calatrava next generation. _J J/ Ref. 5119J by Patek Philippe. E STP WSW 1 951 SINCERE89 words
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Page 1 Miscellaneous
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Miscellaneous43 2007-09-13 1 m- DINING OUT SHIPPING SSfV SUMATRA QUAKES JOBS London pips Tokyo as PSAbuyss4oomof Ei*f Singapore business Banking, financeFb^t— 7 world's most expensive city cranes for expansion pffijH^i district skips a beat graduates'top choices PAGE 16 PAGE 3 S^- 11l PAGE 9 PAGE 243 words
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TOP STORIES
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THREE-MINUTE DIGEST
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51 2007-09-13 2 PSA Singapore Terminals has bought $400 million worth of quay cranes from the world's largest maker, Shanghai Zhenhua Port Machinery Co. The cranes have twice the capacity of PSA's existing units and are designed to handle the newest mega containerships. TOP STORIES, PAGE51 words
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50 2007-09-13 2 CREDIT fears and high market volatility appear to have taken a toll on hedge funds last month, with returns ranging from flat to negative. This is based on data supplied by early reporting funds to research firm Eurekahedge. COMPANY NEWS, PAGE 450 words
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72 2007-09-13 2 SINGAPORE Airlines is offering 1.6 million new shares worth $29.5 million to shareholders left with difficult-to-trade odd lots after its recent capital reduction. In a statement yesterday, the airline said the shares at $18.46 each will allow investors to round72 words
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85 2007-09-13 2 DBS Group Holdings' Islamic banking unit plans to expand from its Singapore base into the Persian Gulf this year to target the US$l trillion global market for services that comply with Syariah, or Islamic law. The Islamic Bank of Asia, 6085 words
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68 2007-09-13 2 THE gaming industry worldwide is "still in its infancy" with a lot of room for growth, Las Vegas Sands corp chairman and chief executive Sheldon Adelson said yesterday. "(Gambling) is (only) one of the many elements of entertainment that adults want to enjoy,"68 words
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41 2007-09-13 2 THE World Bank yesterday raised its forecast for China's gross domestic product growth, inflation and current account surplus despite the threat to the global economy posed by credit market turmoil. ECONOMY WATCH, PAGE 1341 words
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75 2007-09-13 2 POLICY-MAKERS in Hong Kong are being forced to defend their laissez-faire role in the market as criticism mounts against the government's decision to take a stake in the city's bourse. Negative publicity surrounding the 5.88 per cent purchase of Hong Kong Exchanges75 words
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441 2007-09-13 2 WEE LI- EN - WEE LI-EN Proposed change requires developers to book revenue only on completion By [SINGAPORE] A new accounting interpretation standard being proposed will require property developers to recognise revenue from their projects only on completion and not in phases. Developers are said to441 words
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Article, Illustration613 2007-09-13 2 LYNETTE KHOO - Banking finance top choice among entry-level graduates LYNETTE KHOO Finance institutions are 7 out of 10 most preferred employers By [SINGAPORE] The booming banking and finance sector and the oil-and-gas industry have not only warmed up the economy, but are also red-hot among entry-lev-el graduates in their choice of employment.Jobs Factory - 613 words
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269 2007-09-13 2 [SINGAPORE] Metro Holdings group managing director Jopie Ong's deemed interest in the retail and property group has crossed the 30 per cent level. This came after Eng Kuan Company bought one million shares in the listed group through a series of transactions269 words
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454 2007-09-13 3 MATTHEW PHAN - MATTHEW PHAN From 2008, quay cranes will handle mega-containerships of over 13,000 TEUs By [SINGAPORE] PSA Singapore Terminals has bought $400 million worth of quay cranes from the world's largest maker, Shanghai Zhenhua Port Machinery Co (ZPMC). The cranes have twice the capacity454 words
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530 2007-09-13 3 SIOW LI SEN - District 19 home of property investors SIOW LI SEN Data shows area has highest number with multiple home loans By [SINGAPORE] It may not top Singapore's wealth charts, but Hougang has plenty of property investors or speculators. District 19, which includes Serangoon Gardens, Hougang and Punggol, has the highest number530 words
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Advertisement191 2007-09-13 3 HEO CHINA SYMPOSIUM QDIZ presents 2.10.07 Singapore 9am to spm Speakers include Paper on PRC Revenue Law 2007: Tax planning and avoidance schemes by foreign investors in China Prof Liu Jian Wen President of China Fiscal Tax Law Research Association Director, Fiscal Economic Research Centre Peking University in China Paper191 words
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Advertisement214 2007-09-13 3 [H^^kniaS )S I >;<j>fS^^ I ri fll H! H BIS as 1 B^^^^__'"*r I m r"^^; £#~~8 3lTitl' t' •H I H"'~L~"^"^ L§E No Restriction on Foreigners Jf m Hi Immediate Occupation ~^^M Near to embassies along Tanglin Road. W Sf& M^MiM Located at the fringe of Tanglin, next to214 words
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COMPANY NEWS
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Article520 2007-09-13 4 LYNETTE KHOO - LYNETTE KHOO Eurekahedge index shows negative return of 1.81% vs plus 0.97% in July By CREDIT fears and high mariet volatility appear to have ;aken a toll on hedge funds .ast month, with returns -anging from flat to nega;ive. This is based on data supplied520 words
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383 2007-09-13 4 VEN SREENIVASAN - VEN SREENIVASAN 1.6m shares offered; move follows capital reduction By SINGAPORE Airlines is offering 1.6 million new shares worth $29.5 million to shareholders left with dif-ficult-to-trade odd lots after its recent capital reduction. In a statement yesterday, the airline said383 words
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719 2007-09-13 4 R SIVANITHY - R SIVANITHY I T IS a well-accepted fact of I life in the stock market that I the small investor is usually I at a disadvantage relative to I large, sophisticated institutional investors who tend to have better access to important, possibly price-sensitive, information.719 words
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Article, Illustration529 2007-09-13 5 Bloomberg The Islamic Bank of Asia is likely to open a representative office in Bahrain [BANGKOK] DBS Group Holdings' Islamic banking unit plans to expand from its Singapore base into the Persian Gulf this year to target the US$l trillion global– Bloomberg - 529 words
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475 2007-09-13 5 Reuters [SINGAPORE] Chemoil Energy's 450,000 cubic metres (cu m) Singapore oil storage terminal is set to start operations by endJanuary and about half its capacity will be leased out, its chief executive said yesterday. The US$l22 million Helios terminal will exacerbate the currentReuters - 475 words
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319 2007-09-13 7 iy MATTHEW PHAN - iy MATTHEW PHAN rhis, together with a ecent acquisition, will more than touble its capacity RICKMERS Maritime, which was floated on the Singapore Exchange (SGX) mainboard in May, has set sail to more than double its contracted fleet capacity. The business trust,319 words
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274 2007-09-13 7 WEE LI- EN - WEE LI-EN By WESTCOMB Financial Group founder Choo Chee Kong's appeal to strike out a lawsuit filed against him by a former remisier of the company has been dismissed. This means that the court will hear remisier Ng Giap Hon's case against Mr Choo in the274 words
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232 2007-09-13 7 Reuters [SINGAPORE] Chinese sofa maker Man Wah Holdings said it expects sales from mainland China to increase at least 50 per cent in fiscal year 2008, driven by the property boom and rise in spending power there. "Our conservative estimate for growthReuters - 232 words
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415 2007-09-13 7 LYNETTE KHOO - LYNETTE KHOO By THE lure of the renewable-energy market has taken Macquarie International Infrastructure Fund (MIIF) to Taiwan, where it has invested 13.3 million euros (Ss2B million) to acquire an operator of wind farms. The acquisition of infraVest Wind Power Co Ltd from415 words
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COMPANY BRIEFS
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67 2007-09-13 7 OLAM International is acquiring 100 per cent of Naarden Agro Products BV, a Netherlands-based company primarily involved in the sourcing, processing and marketing of casein, a protein extract from milk. The total consideration is about 3.3 million euros (556.94 million). In addition, 01am is67 words
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58 2007-09-13 7 FIRST Real Estate Investment Trust has inked a conditional agreement with Tang Hong Ming and Yang Xin to invest in the property assets of The Shanghai Woman and Child Healthcare Hospital of the Hongkou District, which currently operates 200 beds, and the proposed Hengshan58 words
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48 2007-09-13 7 CH Offshore has entered into a memorandum of agreement to sell a vessel, Osam Daisy 1 for US$l.65 million. In the event that the disposal proceeds to completion, the group will realise a gain of about US$l.62 million from the sale.48 words
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66 2007-09-13 7 OSIM International's founder and chief executive Ron Sim has raised his stake in the company. He purchased 500,000 shares or a stake of 0.09 per cent at an average of $0,598 a share on the open market yesterday, raising his direct and66 words
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Advertisement349 2007-09-13 4 harman/kardon® 1 Designed to Entertain" I SURROUND YOURSELF f" WITH EXCELLENCE. product 3h» 3 aesign Jt*. fl oWeird j 2007 B Bl^^A^^^l 360° Entertainment. Harman Kardon Digital Lounge Our latest system can do a lot more than just win design awards. The Harman Kardon Digital Lounge empowers you with the349 words
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Advertisement421 2007-09-13 4 I LCD TV SPECIALS! 1 l MAGviewMG-EF32H2 MAGview MG-EF37H2 MAGview MG-EF42FH2 32- 16:9 TFT LCD TV 37" 16:9 TFT LCD TV 42" 16:9 TFT LCD TV Normal RCP: $1,199.00 Normal RCP: $1,699.00 Normal RCP: $2^99.00 HD Ready- Motion Enhancement HD Beady Motion Enhancement FULL HD Motion Enhancement Brightness (nits): 550421 words
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Advertisement105 2007-09-13 5 SAVE TAX Our qualified professionals Wsfr-J can assist you with offshore |j| 3 structures, shelf companies and incorporations in ALL jurisdictions including: M]i M British Virgin Islands h^L Cayman Islands "anamas Seychelles I Hongkong Samoa Full nominee, management, secretarial, banking and corporate administration services are available. We also specialize in105 words
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Advertisement8 2007-09-13 5 V. Silver Shadow f^^^ D/VVIDOFF t f sgshsdhh8 words
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SINGAPORE MARKETS
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Article, Illustration572 2007-09-13 6 R SIVANITHY - R SIVANITHY STOCKS STl's strong opening in response to Wall Street gives way to erratic movements IN MANY ways, trading as far as the Straits Times Index was concerned yesterday went according to script. The index opened strongly in response to Wall Street's Tuesday bounce,Bloomberg - 572 words
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Article103 2007-09-13 6 MAIN Up Down Unch SDQ Up Down Unch TOTAL Up Down Unch Multi Ind 15 2 3 0 0 0 15 2 3 Manufacturing 111 45 62 14 12 14 125 57 76 Commerce 39 14 22 10 49 21 28 Tpt/Stor/Com ms 17 16 18 17103 words
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Article123 2007-09-13 6 TURNOVER ('000) MAIN SDQ TOTAL MAIN VALUE C000) SDQ TOTAI lulti Ind 26,963 26,963 106,034 106,03' lanufacturing 620,192 257,960 878,152 464,322 75,264 539,581 Commerce 210,188 18,930 229,118 117,298 5,280 122,571 "pt/Stor/Comms 112,404 3,423 115,827 276,398 3,396 279,7! :inance 48,633 55 48,688 549,688 14 549,70: Construction 247,282 50,589123 words
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Article228 2007-09-13 6 Stock name Wt Close Chani Allgreen 0.52 1.750 +0.080 Ascendasreit 0.93 2.620 +0.020 CapitaComm 0.55 2.740 +0.020 Capita Land 4.90 7.700 +0.150 CapitaMall 0.92 3.560 -0.040 Chart SemiCond 0.55 1.050 -0.010 CityDev 2.82 15.000 +0.200 ComfortDelGro 1.35 1.960 -0.010 Cosco Corp 1.73 5.350 -0.100 Creative Tech228 words
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Article, Illustration837 2007-09-13 6 UMA SHANKARI - UMA SHANKARI Jaya Holdings Sept 12 close: 551.90 JP Morgan, Sept 10 Source: JAVA is acquiring a Chinese shipyard, Nantong Dongjiang Shipyard, for $7.3 million cash. This acquisition will be financed through internal resources with Jaya's strong balance sheet (14 per cent FYOB net gearing). Although Nantong Shipyard's: Bloomberg; —r – : Bloomberg - 837 words
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Article, Illustration504 2007-09-13 6 LARRY WEE - LARRY WEE Senior Correspondent THE US dollar's malaise deepened as well as widened yesterday, overnight gains on Wall Street notwithstanding. In Asian trading, the euro hit a fresh post-launch peak of U551.3878 before closing 0.4 per cent firmer at U551.3862, while a broad-er-basedReuters - 504 words
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Article49 2007-09-13 6 Sep 12 VALUE CLOSE 1022.00 +375.0 BT OB/OS BT CADI -*****.00 +187.0 BT 10-day MA -*****.00 +103.0 All-SG Equities 964.31 +5.47 SG Equities Elect 124.86 1.38 SG Equities Fin 2413.68 +7.05 SG Equities Prop 1484.81 +13.45 SIMSCI 431.75 1.45 SIMSCI Futures 432.60 1.60 PrimePartnersCI 248.65 -0.0949 words
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Article53 2007-09-13 6 VOLUME Unionmet 107,644,000 Wanxianq 62,745,000 SunVic 62,453,000 Lereno 61,172,000 Diqiland 57,631,000 Hor Kew 50,588,000 Armarda 47,761,000 Alantac 47,463,000 Yonqnam 46,745,000 Jade Tech 46,033,000 VALUE(S) UOB 225,525,896 DBS Grp 204,260,226 Capita Land 121,668,250 SingTel 63,102,548 OCBC Bk 53,931,728 SGX 51,752,700 Wilmar 47,157,610 CityDev 45,177,000 Keppel Corp 43,578,800 S53 words
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Article103 2007-09-13 6 CLOSE UP GLD 10US$ 7060 151.6 1.4 China H 10US$ 1860 30.3 1.1 Asia Pac Brew 1340 20.0 1.5 Cifr 1500 20.0 1.4 Ezra 635 20.0 3.3 Olam 326 20.0 6.5 SC Global 540 20.0 3.8 Venture Con 1600 20.0 1.3 SembMar DBeCW*****5 255 17.0 7.1 HLAsia 322 16.0103 words
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Article115 2007-09-13 6 CLOSE DOWN 2900-150.0 -4.9 Omei |aNav S I A 1890 -60.0 -3.1 SIA 10 1880 -60.0 -3.1 SIA 200 1890 -50.0 -2.6 Jardine C&C 1680 -40.0 -2.3 STI3100SGAePW*****9 28.5 -29.0 -50.4 JMH 2720 -15.2 -0.4 NOL 550 -15.0 -2.7 ire Land 985 -15.0 -1.5 Sham iLa Asia 1940 -13.6115 words
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Article86 2007-09-13 6 Sep 12 %CHNG CLOSE FRSep11 YR S$ LOW R2007 S$ HIGH USS 1.5162 0.49 1.5479 1.5033 Euro 2.1018 0.15 2.1062 1.9913 Pounds 3.0856 0.21 3.1194 2.9323 AS 1.2674 -0.66 1.3411 1.1741 Yen* 1.3306 0.84 1.3821 1.2285 Rupiah* 0.***** 0.12 0.***** 0.***** Baht* 4.4269 0.49 4.5700 4.173086 words
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Advertisement438 2007-09-13 7 9 1 If you are facing any of the following: V 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 or438 words
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SINGAPORE NEWS
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493 2007-09-13 8 MATTHEW PHAN - MATTHEW PHAN FORBES GLOBAL CEO CONFERENCE Half of Singapore's university students to have this experience in five years or internships, he said during a panel discussion on education at the Forbes CEO Conference. The point is to have "some form of exposure abroad". But education493 words
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Article, Illustration442 2007-09-13 8 CONRAD TAN - CONRAD TAN By THE gaming industry worldwide is "still in its infancy" with a lot of room for growth, Las Vegas Sands Corp chairman and chief executive Sheldon Adelson said yesterday. "Gaming has evolved from gambling dens into Disneylands for adults," he told442 words
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SINGAPORE ROUNDUP
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64 2007-09-13 8 LOGISTICS company DHL has appointed Shoeib Reza Choudhury as chief financial officer of DHL Express Singapore. In a separate announcement, DHL said its Singaporebased Asia-Pacific regional office at Parkview Square has been certified as a "Green Office" by the Singapore Environment Council, making it the64 words
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65 2007-09-13 8 THE Singapore International Chamber of Commerce (SICC) has announced the change in title of its two senior executives. Phillip Overmyer, who was executive director, will now be known as the organisation's chief executive. Similarly, deputy executive director Lee Ju Song will be deputy chief65 words
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81 2007-09-13 8 THE National Library Board (NLB) and Nanyang Technological University's S Rajaratnam School of International Studies (RSIS) have signed a memorandum of understanding to work on preserving, archiving and making accessible rare print and non-print information on international political violence and terrorism. As part81 words
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85 2007-09-13 8 THE National Association of Travel Agents of Singapore (Natas) yesterday said it has set a new record for the highest amount of booth space sold in a single travel fair. Its NATAS Holidays 2007 fair from Sept 14 to 16 will see more85 words
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Article, Illustration358 2007-09-13 9 Some buildings evacuated shortly after 7pm SINGAPORE'S Central Business District skipped a beat last evening. Some buildings there were evacuated shortly after 7 pm as they swayed from tremors caused by an earthquake in Indonesia. "National Environment Agency confirmed that an earthquake wasREUTERS - 358 words
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337 2007-09-13 9 By RONNIE LIM A PRE-QUALIFYING shortlist of bidders vying to manage and operate the Jurong Rock Cavern (JRC) has been drawn up. The JRC is an underground oil storage terminal at Jurong Island, the first phase of which will cost $700 million. One of337 words
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375 2007-09-13 9 CHEN HUIFEN - CHEN HUIFEN 7 research institutes offer equipment expertise in Facility Sharing Programme By THE Agency for Science, Technology and Research (A*Star) has opened up its facilities and equipment to small and medium enterprises (SMEs) here, in a bid to help them375 words
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Article166 2007-09-13 9 A RECORD 184 entries have been received for this year's Singapore Media Awards, which recognises the best use of different media for marketing campaigns. The figure is 20 per cent up on last year and a record since the awards started in 2005. Commenting on166 words
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Advertisement78 2007-09-13 10 I j|: 1/ m v DMITRY MALIKOV JANE MONHEIT V HERIOS TRIRETROGRADE J^ MEREA TRIRETRO GRAD E x j SECONDS SKELETON yrufw miillS COm. CORTINA WATCH ESPACE: Singapore: Millenia Walk Tel: 65-*****728 Malaysia: Starhill Gallery Tel: 03-2142 1171 CORTINA WATCH BOUTIQUES: Singapore: Paragon Tel: 65-6235 0084 Raffles City Tel: 65-633978 words
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SINGAPORE INTERNATIONAL
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Article, Illustration953 2007-09-13 11 E S'pore's GATEO7 zooms in on matching buyers and sellers in electronics and precision engineering, reports CHUANG PECK MING A WHOPPING $6 billion of deals were up for grabs at the Glo-bal-Asia Trade Exchange (GATE) two years ago. Now the event is back and electronics and953 words
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Article612 2007-09-13 11 Dou Yee sponsors GATEO7 as a gesture of thanks, support WHEN International Enterprise Singapore invited the Dou Yee Group to the Global-Asia Trade Exchange (GATE) in 2004, the company thought it was just another trade show. But to its surprise, "it's not like a612 words
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Article, Illustration403 2007-09-13 11 IT was not much of a trade show as many who came had expected, but a dealmaking fest. And many just loved it. "We thought it was a (trade) exhibition," says Masumi Kubo of Toshiba Asia Pacific in Singapore. "There were more meetings rather403 words
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Advertisement68 2007-09-13 11 <b gate 07 EE3BSESB9SSSS s GLOBAL ASIA TRADE EXCHANGE P?M 3lHl SHI P?B U^fl An Electronics Precision Engineering RlnlciiilP HtWMt >Wlj{cfTllt!i*i^ PR nUHnBIPr. tB Business Matching Event ■■HHSjiplH^ 10-11 October 2007, Pan Pacific Singapore P||^|||||B|[p|pj^|^ u i//'iW||R I vNPMKr rT^BiTTCTi^^Tj TTTmTaia^l ft i VkM4 %^m Ift^r^^K A I—l L( 33E^^n68 words
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Advertisement45 2007-09-13 11 lISJ NAL The Business Times SINGAPORE Singapore Singapore International a weekly industry-focused series brought to you by IE Singapore and The Business Times. IE Singapore is an agency under the Ministry of Trade and Industry promoting overseas growth of Singapore-based enterprises and international trade. www.iesingapore.com45 words
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ECONOMY WATCH
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500 2007-09-13 12 Reuters China can cushion impact of downturn in US, may stimulate world demand [BEIJING] The World Bank yesterday raised its forecast for China's gross domestic product (GDP) growth, inflation and current account surplus despite the threat to the global economy posed by credit– Reuters - 500 words
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Article, Illustration371 2007-09-13 12 -AP Realtors forecast sales of 5.9m in '07, lowest since 2002 [WASHINGTON] A trade group for real estate agents on Tuesday lowered its 2007 forecast for existing home sales in the US for the seventh-straight month, predicting a drop of-AP; AFP - 371 words
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Advertisement233 2007-09-13 12 Expert Help, Fast Turnaround to any accounting need: ST"^^^^^^L^ clear "messy" accounts arising from change of systems staff turnover meet statutory Head Office reporting deadlines submit accounts to financial institutions reconstruct accounts from incomplete records extract financial information for a litigation crunch figures in preparation for IPO Call 6-*****68 now233 words
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MALAYSIA/INDONESIA
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Article, Illustration522 2007-09-13 13 LAUREL TEO - LAUREL TEO It will limit trade negotiations to its main economic, trading partners By in Jakarta AFTER signing its first bilateral free trade agreement (FTA) just last month, Indonesia is unlikely to pursue many more. Trade Minister Mari Pangestu said yesterday the522 words
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197 2007-09-13 13 -AFP [SINGAPORE] Indonesia's billion-dollar arms deal with Russia should not be viewed as negative for regional stability, Malaysian Prime Minister Abdullah Ahmad Badawi said. Jakarta's plans to buy Russian-made equipment will beef up the country's defence capability and ultimately contribute to South-east Asia's-AFP - 197 words
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Article7624 2007-09-13 13 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (S'pore) Star Europe Eqty!** 1.061/ Star Europe Bond 1.218/ Star Europe Bal 1.249/ Star Asian Tiger Eqty 1.604/ Star Asia Bond 1.29/ Star Asia Balanced 1.1/ Star Global Technology Fund!" 0.241/ Multi St Fd 0.977/ Star Asia Bond(USD) 0.847/ Gib Multi St USD7,624 words
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Advertisement102 2007-09-13 13 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. Global lnvestors *-> company regn. no *****7169Z I^' m HU^T FOR VALUE AND BARGAINS j|k Too many investors focus on outlook and trend. Therefore, more102 words
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GREATER CHINA/INDIA
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547 2007-09-13 14 JANE MOIR - JANE MOIR The city's reputation as the world's 'freest economy' is being questioned By in Hong Kong POLICY MAKERS here are being forced to defend their laissez-faire role in the market as criticism mounts against the government's decision to take a stake547 words
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330 2007-09-13 14 Bloomberg It builds centre there to be closer to clients in the US [MEXICO] Wipro Ltd, India's third-largest computer services provider, opened its first software development centre in Mexico to be closer to US clients and serve Spanish-speak-ing customers in Latin America and– Bloomberg - 330 words
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Article, Illustration464 2007-09-13 14 Reuters, AFP [BEIJING] China is to hold a major air raid drill in Shanghai, the likely target of Taiwan missiles in the event of conflict, a sign the country's leadership still views war as a possibility with the island it claims as– Reuters, AFP; AP - 464 words
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271 2007-09-13 14 Reuters [LONDON] India is set to overtake Brazil as the world's top sugar producer, but Brazil could soon win back the crown due to weather trends and a growing appetite for cane-derived biofuel. The International Sugar Organisation (ISO) which is based– Reuters - 271 words
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Advertisement353 2007-09-13 14 RjSBH k '»gf_. fli &a- Diners Club Card r oapp ac «//64i6 0980 I^^^^^^^^A^yfl J^2 World of Exclusive Privileges Treats ('i~fc^B Diners Club M www.diners.com.sg International' n| fH B 2-Michelin Starred Guest Chef Jean- Marc Banzo °Y'"""A" J,. 17-22 September g|^^ Set lunch from $80 Set dinner from $150 J|353 words
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ASIA-PACIFIC/WORLD
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Article, Illustration411 2007-09-13 15 AL LABITA - AL LABITA Ex-president gets 40 years' jail; peso up from 4-month low, stock index up 1.2% By in Manila THE Philippine markets bounced back yesterday from a week of losses after an anti-graft court meted out a 40-year jail term to detained former presidentAP; Bloomberg - 411 words
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256 2007-09-13 15 Reuters, Bloomberg Golden Key in talks with Barclays Capital over USsl.sb lifeline: report [LONDON/NEW YORK] Barclays Capital has thrown a US$l.5 billion lifeline to a third, highly geared fund that ran into trouble because of the global liquidity squeeze, the Times newspaper said yesterday. Golden– Reuters, Bloomberg - 256 words
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158 2007-09-13 15 Reuters [SINGAPORE] US Treasury Secretary Henry Paulson sees the crisis of confidence in credit markets lasting longer than previous financial shocks of the past two decades, the Financial Times reported yesterday. Mr Paulson said the uncertainty would last longer than the turmoil that– Reuters - 158 words
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374 2007-09-13 15 Reuters [LONDON] Oil hit a record high of nearly US$79 a barrel yesterday, after Opec's modest output increase failed to allay winter supply concerns and ahead of US inventory data. US light crude for October delivery set a record high of U5578.99 a– Reuters - 374 words
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Article2389 2007-09-13 15 VOL C000) iep12 RM \&M Realty 0.77 \bricBhd 0.28 \dvance Synergy 0.32 \dventaBhd 1.38 \eMulti Hldgs 0.29 \ffin Holdings 2.56 \hmad Zaki Resou 4.26 Me Corp 0.55 Mrasia Bhd 1.90 \kn Messaging Te 0.19 \kn Technology 0.76 Muminium Co 1.28 Amalgamated Ind 0.54 \minvestment Grp 3.62 \mmb Hldgs2,389 words
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Article, Illustration706 2007-09-13 15 Bloombera [LONDON] London has overtaken Tokyo as the most expensive city in the world for dining out, with a meal now costing more than twice as much as in New York, according to Tim Zagat, whose guide to London restaurants■ Bloombera; BLOOMBERG FILE PHOTC - 706 words
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Page 16 Advertisements
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Advertisement3814 2007-09-13 16 IN THE MATTER OF f^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ 50 ADROIT INNOVATIONS LIMITED A%^ JETS TECHNIC INTERNATIONAL HOLDINGS LIMITED innvo systems fte ltd (Company Registration N0.:*****2554G) (a com Pany incorporated in Bermuda with limited liability) (IN members'voluntary (Incorporated in the Republic of Singapore) icon, J™n'o^ Tmoo943oci NOTICE OF ANNUAL GENERAL MEETING NOTICE OF EXTRAORDINARY3,814 words
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AVIATION
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568 2007-09-13 17 -Reuters Main supplier says it's trying to get the plane maker as many fasteners as it possibly can [NEW YORK] Boeing Co's chief executive pointed the finger at Alcoa Inc and others for the lack of bolts that has delayed the first flight of-Reuters - 568 words
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Article, Illustration543 2007-09-13 17 Reuters Deal with UK to move away from past controversial arms-for-oil pacts: source [LONDON] Britain and Saudi Arabia are close to a multibillion-dollar fighter jet deal that will use cash in a break from controversial arms-for-oil pacts of the past, according– Reuters; AFP - 543 words
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165 2007-09-13 17 Bloomberg [SEATTLE] Boeing Co, the second-largest US defence contractor, won a US$l.l billion award to maintain the Air Force's fleet of more than 200 KC-135 midair refuelling tankers. Work under the 10-year contract will be done at facilities in Texas, Oklahoma and Missouri,– Bloomberg - 165 words
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129 2007-09-13 17 Bloomberg [LONDON] Silverjet Pic, a business-class-only carrier that serves New York and London, says it has taken delivery of a third plane and plans to use it on another route. The Boeing 767-200 jet, acquired from Thomsonfly Ltd, will start operations inBloomberg - 129 words
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169 2007-09-13 17 Bloomberg No injuries but all 33 Bombardier Dash-8 400 put off-duty [STOCKHOLM] SAS Group, owner of Scandinavian Airlines, grounded its entire fleet of Dash 8-400 aircraft after a second accident involving that type of plane in a week. The 5K2748 flight from Copenhagen toBloomberg - 169 words
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Article2425 2007-09-13 17 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), BR2,425 words
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Article, Illustration836 2007-09-13 18 CONRAD RAJ - CONRAD RAJ Quanzhou shipyard will have combined handling capacity of one million dwt By SINGAPORE'S position as the world's busiest port and ship-repair centre is under almost immediate threat from China which resently overtook Germany as the world's third largest aconomy. WhenFILE PHOTO - 836 words
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140 2007-09-13 18 Bloomberg NEW YORK] General Dylamics Corp, the secondargest shipbuilder for the JS Navy, says it is one of ;hree contractors selected ;o bid on the Canadian Navy's Csl.l billion (Ssl.6 billon) programme to modernse its Halifax-class frigates. The formal request forBloomberg - 140 words
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TRANSPORT STOCKS
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Article106 2007-09-13 18 '000 :H Offshore Ihuan Hup Hldgs losco Corp IWTLtd Ezra Hldgs :irst Ship Lease :reight Links jrand Banks aya Hold Ltd Ceppel Corp .abroy Marine Corp JOL 'acific Shipping 3an-United Corp iamudera Ship iembcorp Indust iembcorp Marine ipore Ship itar Cruises 0.83 0.37 4.98 0.82 5.80 0.91 0.10 1.04106 words
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Article36 2007-09-13 18 '000 nt'G Logistics yiISC Foreign yisia Bulk Carrie JCB Holdings Jepline Bhd ■DZ Holdings 1.51 9.80 9.75 3.96 2.94 0.26 2.32 -0.04 -0.05 -0.10 -0.12 -0.06 -0.02 -0.06 222 318 1761 1975 45 113 836 words
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Article12 2007-09-13 18 '00 ■recious Ship Jegional Cont .32.00 .31.50 -0.50 -0.75 3346 105112 words
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Article15 2007-09-13 18 '000 mg 10 HKf Vol Doil iingamas Cont .83.90 ...5.10 -3.90 -0.30 1753 62815 words
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Article23 2007-09-13 18 '000 >eso Aboitiz Equity Intl Container Keppel Marine Keppel Prop 6.70 29.50 unch unch -0.10 -1.00 unch unch 7478 6042 0 023 words
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Article20 2007-09-13 18 Evergreen Marine ....21.85 :irst Steamship 83.00 /Van Hai Lines 23.60 r"ang Ming Marine ..24.70 -1.15 unch -0.90 -0.50 1120 words
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Article41 2007-09-13 18 '000 lug. 'en (awasaki Hvy Ind ..505.00 -23.00 ***** (awasaki Kisen ...1430.00 -84.00 ***** Mitsubishi Hvy 767.00 -52.00 ***** Mitsui Eng&Sbldg ..669.00 -44.00 ***** MitsuiOsk Lines ...1599.00 -110.00 ***** Mippon Express 563.00 -28.00 ***** MipponYusen 1065.00 -50.00 ***** iource: Reuters41 words
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630 2007-09-13 18 Reuters [LONDON] Speculative buying of ocean freight derivatives may be behind some of the spectacular price rise seen for hauling dry commodities, but industry sources doubt big futures plays are driving sea freight to fresh peaks. Ocean freight markets for dry commodities have beenReuters - 630 words
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486 2007-09-13 18 Bloomberg [LONDON] GlobalSantaFe Corp, the offshore oil and gas driller being acquired by Transocean Inc for US$l7 billion, ordered an ultra-deepwater drillship for US$74O million to capitalise on increasing demand from producers. The drillship, to be built by Hyundai Heavy Industries LP, is expected– Bloomberg - 486 words
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191 2007-09-13 18 Bloomberg [LONDON] Goldenport Holdings Inc, the first Greek shipowner to list shares on the London Stock Exchange, said first-half profit climbed 49 per cent on higher demand for commodity carriers. Net income increased to U5532.3 million, or 46 cents a share, from US$2l.7– Bloomberg - 191 words
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Page 17 Miscellaneous
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Miscellaneous365 2007-09-13 17 CRYPTIC CROSSWORD 7 Like mother hen type with bb__Hbl__M urn the potential to make male y P I l g rant (8) a-j 9 Everyone has crammed the m m\ M^\ bH afl bbb uWM night before exam (1,5) 110 I Ii I 10 Gasp about limited educa- B^H^^M bJ365 words
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Page 18 Advertisements
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Advertisement143 2007-09-13 18 E^Get Yours Now!" I \\J W O Shooting Singapore: Fabulous photos from .fL,fY™E» ccv nm/ familiar surroundings! Hil SOOK£E J ?jfe£(2 O Simple interviewing techniques ft&3&£€)6i .^4 A PVi Inspiring Creativity Poll: Because your opinions piupijaut if-/ll^l matter INDIA GjixA iBHf 8 Pages from the PVi POTY 2007 competition! KMmlt143 words
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EDITORIAL & OPINION
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517 2007-09-13 19 IT is clear that the Organisation of the Petroleum Exporting Countries (Opec) did not miss the significance of the snowballing US housing-loan crisis when it promised to raise production by half a million barrels per day (bpd) from November, in time for the517 words
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Article, Illustration898 2007-09-13 19 WILLIAM J AMELIO - WILLIAM J AMELIO It is transforming the fundamental structure, operation, and culture of business By RECENT controversies involving product quality and safety underscore the importance of protecting consumers in our globalised world. Looking to government regulators is a first step. Beyond government regulation, there isREUTERS - 898 words
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Article, Illustration828 2007-09-13 19 ANTHONY ROWLEY - ANTHONY ROWLEY THE BOTTOM LINE NORMALLY, when there is a major financial crisis of one kind or another, it is easy to find someone to blame. In the case of the Asian crisis 10 years ago, for example, fingers were quickly pointed at the International828 words
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Article, Illustration1673 2007-09-13 20 LEON HADAR - LEON HADAR The sense of relief among Americans that 30,000 US troops may be withdrawing by next July could be short-lived THERE is this old Jewish folktale about a man who lives in a very small house with his wife, 15BLOOMBERG - 1,673 words
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Article, Illustration692 2007-09-13 20 JAMES P PINKERTON - JAMES P PINKERTON LAT-WP Any narrative the agreed-upon storyline is a mixture of truth, fiction and poetry By ■HE emerging narrative from Iraq is threefold, leading us to a further conclusion about the future of American politics. Hint: Watch General David Detraeus.– LAT-WP; REUTERS - 692 words
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SINGAPORE STOCKS
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Article8404 2007-09-13 21 Transaction date: Sep 12 52-wks Tel h Low Code Last Sale Vol ('000) Hig Day Last Quote Div GrYld Net h Low Buyer Seller C'vr P/E MCap Smil Hig Comp any 3.5 2 5716 1st Software 22 6.5 3148 STelecom 34 17.5 5834 A-Sonic 103 98 6389 ABF8,404 words
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Article71 2007-09-13 21 Hii Low Code Comi >an' Sale COOO) Hii Low Bui rer Seller C'vr P/E Smil ***** 119 6065 Diamonds 5000 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P5OO ***** ***** 6170 SPDP.S 3730 2570 6235 STI ETF 100 3761.6 2563.971 words
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Article2077 2007-09-13 21 52-Wk Tel High Low Code Last Sale Vol Cooo] Day Last Quote |h Low Buyer Seller Div GrYld Net MCap C'vr P/E $mil Comi >an' Hii 30 13 1181 AAGrp 41.5 18 5000 ABRHIdgs 31 25 8538 APStrategic 16.5 1.5 1501 Advanced System 70.5 9 1524 Alantac 22.52,077 words
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Article247 2007-09-13 21 STOCK PRICES LEGEND: Straits Times Index Stocks; N Net2 or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer cdca cum dividend cum all247 words
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FINANCE & COMMODITIES
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374 2007-09-13 22 Sep 11 In local curr In S$ In US$ %dy %yr dy yr dy yr Index Change Change Change Change Change Change World Index Preliminan 1121.9 1.0 1.9 0.7 3.5 1.0 4.5 t EAFE Preliminan 1110.8 1.4 0.3 1.1 3.6 1.5 4.6 Eun Preliminary 1519.5374 words
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Article128 2007-09-13 22 As at 9am Sep 12 of foreign currency: Currencies Bid Offer Aust dollar 1.2590 1.2740 Can dollar 1.4490 1.4660 Euro 2.0890 2.1130 NZ dollar 1.0650 1.0890 jterlin mnd 3.0680 3.1030 US dollar 1.5110 1.5280 Local dollars to 100 units of foreign currency: Currencies Bid Offer Chi128 words
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Article162 2007-09-13 22 Sep 12 Overnight 1 1/8 1-month 2 11/16 2-months 2 3/4 3-months 2 3/4 Overnight mode: 2 1/16 US$ Offer 1 2 9/16 2 5/8 2 5/8 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months SFr 5.65 5.80 5.80 5.78 5.55162 words
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Article22 2007-09-13 22 Sep 12 STI SIMSCI Sep 431.3 437.4 433.6 Taiwan Se 349.5 350 345.2 Source: MF Global (S) Pte. Ltd22 words
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Article21 2007-09-13 22 Sep 12 Bid Offer 1-month 1.5123 1.5134 2-months 1.5087 1.5099 3-months 1.5053 1.5066 6-months 1.4963 1.4976 Source: OCBC21 words
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Article153 2007-09-13 22 Sep 12 Currencies Bid Offer Bid Offer S$fUS$ to one unit of foreign currency: Australian dollar 1.2660 1.2672 0.8349 0.8351 Canadian dollar 1.4549 1.4565 0.9594 0.9599 Euro 2.0995 2.1011 1.3845 1.3847 NZ dollar 1.0703 1.0720 0.7058 0.7065 Sterlim 3.0804 3.0832 2.0314 2.031 US dollar 1.5164 1.5174 S$IUS$153 words
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Article339 2007-09-13 22 Sep 12 EURODOLLAR FUTURES SepO7 DecO7 MarO8 JunO8 94.327 95.090 95.580 95.705 0 0 0 0 6328 ***** ***** 6166 EUROYEN FUTURES SepO7 99.165 99.170 DecO7 99.180 99.195 MarO8 99.160 99.190 JunO8 99.130 99.170 SepO8 99.080 99.115B DecO8 99.015 99.050 MarO9 98.940 98.990 JunO9 98.905B 99.160A 99.180339 words
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Article272 2007-09-13 22 Sep 12 KUBBtK Futures (Closing prices) RSS 1 (S cents/kg) Month High Low Close Sett Volume (tonnes) Open Interest Oct 07 Nov 07 Dec 07 Jan/Mar 08 Apr/Jun 08 Jul/Sep 08 327.00 326.25 325.00 325.50 328.50 330.75 RSS 3 (US cents/kg) Month Hig gh Low Sett Volume (tonnes)272 words
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Article102 2007-09-13 22 Sep 11 SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Sep 07 905.00 903.50 906.00 900.00 Nov07 920.50 918.00 921.00 913.50 Jan 08 935.75 933.25 936.00 930.00 Mar 08 947.50 945.75 947.50 941.50 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Sep 07 37.88 37.68 37.88 37.60102 words
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Article79 2007-09-13 22 CRUDE OIL PRODUCTS Sep 11 UDE (FOB origin) US! (/barrel Close Cham Brent blend (1-Mth F) 75.11 1.09 WTI (Near Mth) 78.23 0.56 Dubai (1-Mth F) 71.47 0.98 Tapis blend 81.3 1.15 Minas 76.15 2.8 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 72.72 84.80 -0.10 -0.25 US$/barrel Opec79 words
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Article467 2007-09-13 22 Sep 12 AS Rmb Euro HKS Ind Rs Ru Yen Won RM NZS Pak Rs Peso i« Rand Sfr NTS Baht Pound USS Australia 0.870 6.281 0.603 6.502 33.792 78.611 0.952 7.786 2.923 1.182 50.630 38.999 1.267 5.982 0.990 27.614 28.603 0.411 0.835 Canada 1.149 7.218 0.693467 words
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Article91 2007-09-13 22 Sep 12 Period Issue code Maturity Yesterday's Bid Hi, Day's |h Low 3-Month BQ*****W 13.12.07 1-Year BY*****V 30.04.08 2.28 2.30 2.18 2.18 2.27 2.27 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year N*****0Z 2.375 5-Year N*****0A 2.625 7-Year NX*****F 3.625 10-Year NY*****F91 words
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Article134 2007-09-13 22 Sep 12 /oz) iep_ iep_ Hong Kong London 710.50 703.20 711.50 704.20 Sep 11 Sep 10 705.70 702.30 706.30 702.90 Source: Reuters CAST BAR (S$) Sep 12 Buying Sellim Kilobar "37,125.79" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 5gm 10gm 20gm 50gm 100gm 1 oz 1 oz134 words
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Article76 2007-09-13 22 Sep 12 (US$) (SS) 5.***** 2.***** 1 mth 2 mths 5.***** 2.***** 3 mths 5.***** 2.***** 6 mths 5.***** 2.***** 9 mths 5.***** 2.***** 12 mths 5.***** 2.***** SWAP Offer rates (S$) 1 mth 2.***** 2mths 2.***** 3mths 2.***** 6 mths 2.***** 9 mths 2.***** 12 mths 2.***** SWAP76 words
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Article59 2007-09-13 22 Sep 12 Delivery Month Opening Range Sett Av Price Price Hii Vol Open Done Position Low Sep 07 2540 2550 2549 2540 85 Oct 07 2531 2543 2546 2531 930 Nov07 2509 2520 2525 2506 4051 Dec 07 2487 2502 2506 2487 1932 Total o/p: ***** contracts Turnover:59 words
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Article70 2007-09-13 22 Sep 11 Aluminium, 99.7% purity (US$/tonne) Close Previoui Cash 2401.80 2369.00 3 months 2458.00 2424.00 Copper, Grade A (US$/tonne) Cash 3 months 7540.00 7475.00 7222.00 7160.00 Lead (US$/tonne) Cash 3082.00 3 months 3030.00 2905.00 2865.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash 370 words
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Article79 2007-09-13 22 Sep 11 (£/tonne) Close Prev Hii ih/Low SepO7 932 942 Dec 07 961 967 Mar 08 974 976 May 08 984 986 950/930 972/957 983/969 987/980 COFFEE (US$/tonne) Close Pev High/Low SepO7 1855 1835 1860/1835 Nov07 1904 1890 1922/1866 Jan 08 1801 1788 1808/1770 Mar 08 1786 1768 1790/177179 words
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Article2478 2007-09-13 22 BONDS WARRANTS Pel lode Company Last Sale Vol Conv Exer +or- ("000) Ratio Price Prem Expiry Disc Gear- Mths ing Left 1674 Allgreen RB ECW*****0 3 1.5 275 1 188 1 >835 Allgreen RBeCW*****6 6 0.5 300 0.5 218 8 Ascendas REIT SGA ECW*****3 43.5 3022 1 248 6 )0922,478 words
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Page 23 Advertisements
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Advertisement2823 2007-09-13 23 m The Business Times Shipping Times UK CONTINENT SERVICE U.S.A SERVICE Destination Destination STXPO TBN RTM/ANR/TIL NENA C CDN/NFK/SAV/NOL w.. CKJIIJC WIIHFI M <t F N Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia Q G I S T I C S MIDDLE-EAST SERVICE F.E./S.E.A SERVICE I Destination 12,823 words
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Page 24 Advertisements
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Advertisement4441 2007-09-13 24 WAN HAI INTERNATIONAL PTE LTD crn0:**********0/r W^^^M W9\ >■ Wmt W __H Cvi fJ \^WAN HAI llNtt™^w IS] 3 3 W {&U*&>* VHH_iV»MM nAI LINE? ~^«^«^*^^w^^!^ va l)oS i^gfl I "l"^^™!.!.^'"" 0"""1! I 1 frI!M!H 'M !MiIMI'M! UU JJI TI'M ;T7M M'iTWlJßWßßfflffl'i'fnSll llMliliaßSMMiiMiiiiiiaMiiiitiiillaii^^ also accepting to all northern and western4,441 words
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Page 25 Advertisements
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Advertisement4788 2007-09-13 25 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'n4,788 words
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Biz IT
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Article, Illustration624 2007-09-13 26 Springboard Research forecasts local spending to hit U5566.3 million in 2010, reports ROLAND LIM SINGAPORE'S growth in information technology spending in the healthcare industry is expected to lag the region, according to the latest research from IT research house Springboard Research. Jonathan624 words
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458 2007-09-13 26 WINSTON CHAI - WINSTON CHAI By WOTIF.COM is hoping to tap into Asia's nascent Internet travel potential with the opening of more regional offices while staying with an online business model that it believes can succeed where so many other ambitious dotcom start-ups have failed. The458 words
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209 2007-09-13 26 Bloomberg [TOKYO] Microsoft Corp, which trails Sony Corp and Nintendo Co in game-console sales in Japan, plans to increase the number of software titles in the country by 47 per cent by the end of this year to boost its market share. The number– Bloomberg - 209 words
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Article767 2007-09-13 26 GEOFF NOBLE tm x x j 1 - GEOFF NOBLE tm x x j 1 <you say> Open collaboration by key players is more effective than going it alone WITH the growing popularity of online banking, online fraud has become one of the world's fastest-growing industries. Fraudsters today are developing more sophisticated and organised767 words
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Article, Illustration779 2007-09-13 26 AMIT ROY CHOUDHURY - AMIT ROY CHOUDHURY Security, disaster recovery, handling data are top issues By SINGAPORE organisations planning and managing their storage infrastructure say problems related to security, disaster recovery and handling increased amounts of data are the top three issues they face this year, according to779 words
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PROPERTY
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353 2007-09-13 27 Xinhua - Xinhua The government has pledged to tame the wild property market [BEIJING] House prices in 70 large and medium-sized Chinese cities were up 8.2 per cent in August compared with last year, as the rising trend continues to show no sign353 words
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284 2007-09-13 27 Reuters [BEIJING] Global real estate services company Jones Lang LaSalle (JLL) is in talks with a shopping centre management firm to establish a 50-50 joint venture in China, a senior company executive said yesterday. Managing director David Hand said the company "is– Reuters - 284 words
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Article250 2007-09-13 27 PROPERTY firm CB Richard Ellis (CBRE) is set to open its office in Koh Samui, Thailand, while its competitor Savills officially opened its office in Dalian, China, yesterday. CBRE's office opens tomorrow. The group, which already has offices in Bangkok and Phuket, said in a250 words
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Article, Illustration573 2007-09-13 28 JANE MOIR it \ f - JANE MOIR it \f Number of deals in August soars to two-year high of 13,664 By in Hong Kong A SURGE in property deals has fuelled hopes that Hong Kong's mass market is poised to catch up with the city's runawayREUTERS - 573 words
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197 2007-09-13 28 It plans to grow its China portfolio to 10,000 units by 2010 THREE service residences managed by The Ascott Group have been named "China's Best Serviced Apartments" by Forbes China magazine. Ascott Beijing, Ascott Shanghai Pudong and Somerset Olympic Tower, Tian- jin were among 15197 words
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Page 27 Advertisements
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Advertisement152 2007-09-13 27 Residential Development Site For Sale 881 \i/ J n 68 &70 Stevens Road L# g fl Singapore *****6/62 MARGOLIOUTHRA *^^^j| Land Area: 1,297.1 sq.m. (13,962 sq.ft.) LOT 468 &469WT526 1\ J MP 2003: Residential plot ratio of 1.4; building 3f^ height up to 5 storeys B^^^^l Tenure: Freehold umZiteti Existing:152 words
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Advertisement345 2007-09-13 27 Site Area: 22,894 sq. ft. (approx.) Near Future MRT Plot Ratio: 1.4; up to 5 storeys Within Ikm to Nanyang Pri Sch To be Sold Collectively and Raffles Girls' Pri Sch To Reach: Knight Frank Pte Ltd, 16 Raffles Quay, #30-00 Hong Leong Building, Singapore *****1 Closing Date: 18 September345 words
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Advertisement283 2007-09-13 27 OPENHSEBYAPPT Did You Overlook the best RBfRPB nraßNn locality that has further 'nvestmentgrowth?? BISHOPGATEI 7000/8500 sqft mL Beautiful, elevated flat land, Privacy quiet, serious seller MOUNT ECHO PARK *****/ 6500 sqft, Nice frontage, flat land. Panoramic V^* WS view, beautiful, renovated EWARTPARKISIOO/8500sqft, k— Modern design, almost new, elevated j^UWv^* land,283 words
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Page 28 Advertisements
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Advertisement1307 2007-09-13 28 Others see standby cash. you 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 in your1,307 words
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Page 29 Advertisements
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Advertisement344 2007-09-13 29 Social computing that multiplies your business advantage. As your social networks expand, the potential for business collaboration also multiplies, within and outside your organisation. IBM 9 has a suite of solutions, embracing both traditional and new technologies like Web 2.0 for your business collaboration needs. Experience the Desktop of the344 words
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