The Business Times, 5 January 2006
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2006-01-05
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The Business Times
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Title Section17 2006-01-05 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asia 1 .com.sg MICA (P) 089/03/2005 Thursday, January 5,200617 words
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Article, Illustration837 2006-01-05 1 RONNIE LIM - Hin Leong's project will boost capacity here by 15% By RONNIE LIM [SINGAPOBEI In a roaring start to energy investments here this year, local oil trader Hin Leong will spend a whopping Ss7so million almost the cost of a petrochemical crackerYEN MENG JIIN - 837 words
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Article, Illustration859 2006-01-05 1 MICHELLE QUAH, CONRAD TAN - By MICHELLE QUAH, CONRAD TAN [SINGAPORE] How frequently companies report results is not as important as how well they report them, according to more than half the retail investors polled by The Business Times. Of 50 investors BT interviewed, 29, or 58 per859 words
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Page 1 Advertisements
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Advertisement8 2006-01-05 1 COMPANIES CAO's stock offer to creditors oversubscribed PG68 words
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Advertisement13 2006-01-05 1 MARCO «iy. >!*}.•* > v bet Itjb ■'JUk ASSiOMA ';'i HILTON HOTEL. TAKASHIMAYA DEFART.4*£|Si|^^^^^^^^Hfl^^^H WATCH13 words
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Advertisement8 2006-01-05 1 BizlT Consumer electronics to fuel HDD industry PG2B8 words
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Advertisement33 2006-01-05 1 US INTEREST RATES Greenspan keeps investors guessing PGI2 8 Markets Digest, Pg 3 Invisible hand behind oil trader Hin Leong. Pg 2 <»- Rotary wins record $535 m deal from Hin Leong, Pgs r33 words
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TOP STORIES
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Article, Illustration646 2006-01-05 2 RONNIE LIM - But publicity-shy boss Lim Oon Kuin is a mover and shaker in diesel and kerosene markets By RONNIE LIM [SINGAPORE] "They can Hu Feng Huan Yu or literally, beckon wind and call rain," says a Chinese oil trader of home-grown Hin Leong Trading'sYEN MENG JIIN - 646 words
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Article531 2006-01-05 2 Property players eye land near Harbour Front WITH Mapletree Investments' properties in the Harbour Front Precinct filling up nicely, the new Vivo City set to open this year and the buzz surrounding the integrated resort on Sentosa, some property players are eyeing the land opposite the Harbour Front531 words
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Article, Illustration1002 2006-01-05 3 KALPANA RASHIWALA - URA working on plans for the area, will release sites at appropriate time By KALPANA RASHIWALA [SINGAPORE] With Mapletree Investments' properties in the Harbour Front Precinct filling up nicely, the new. Vivo City set to open this year and the buzz surrounding the integrated1,002 words
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Article135 2006-01-05 3 STI 2,384.14 (+1477) ST INDEX FUTURES 2,388.00 (+1400) siMsa 283.44 (+1.97) SIMSa FUTURES 283.80 (+2.30) MARKETS Wednesday Change KLSECOMP 897.13 +4.28 NIKKEI 225 16,361.54 +250.11 HANG SENG 15,200.06 +255.29 SET INDEX 743.20 +17.56 JAKARTA COMP 1.211.70 +27.01 MANILA COMP 2,138.05 +28.26 SEOUL COMP 1,402.11 +7.24 SHENZHEN B 199.22135 words
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Advertisement392 2006-01-05 2 y I Colo nictriki itnp SERANGOON ioie UlSiriDUlor. Appollo Sellappas Mega Department St Gold Mart 3 Campbell Lane, 153 Dunlop Street Tel: *****691 Bhatia Brothers Pte. Ltd. 1 North Bridge Road sharath Watch Pte Ltd 172, Serangoon Road Tel: *****029 #01 -36 High Street Centre Tel: 6339 3700 KeLtd242 Serangoonltoad392 words
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Advertisement555 2006-01-05 2 World-Class Training for A fll Ml A, American Management Business Professionals Association® MmmunmMeig The AMA Value Proposition: AMA is the world's largest World-Class Content and Instructional Design management development Experienced, Senior Practitioner Faculty Worldwide Network, Global Reach AMA public seminars in Singapore* for 2006: Business Writing and Presentation Skills Leadership555 words
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Advertisement400 2006-01-05 3 X-markets V' New warrants on Malaysian stocks Deutsche Bank has added to the Warrant Supermarket the following dbwarrants is part of X-markets, warrants on Malaysian underlyings Naturally, we will offer your access to the global investment continuous liquidity and tight spreads on these new Deutsche banking expertise of Deutsche Bank.400 words
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COMPANY NEWS
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Article, Illustration312 2006-01-05 4 CONRAD RAJ - He is retiring as executive chairman later this month By CONRAD RAJ FRASER Neave's executive chairman Michael Fam will get a $3 million gratuity payment for his 23 years of service when he steps down on Jan 26, the date of the company's312 words
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658 2006-01-05 4 SHOEB KAGDA - HOCK LOCK SIEW By SHOEB KAGDA EVEN for Indonesia, the letter sent last week by the minister for stateowned enterprises to Singapore's ST Telemedia indicating his government's strong desire to buy back a 40.77 per cent stake in Indosat is unprecedented. Mr658 words
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Article5564 2006-01-05 4 UNIT TRUSTS FUNDS AMI Amro Asset Mgt (S'pore) Star Europe tqty!"* 0.876/ Star Etmpe Bond 1.199/ Star Europe M 1.149 Star Asian Tiger Eqty 1.166/ Star Asia Bond 1335/ Star Asia Balanced 1.096/ Sar GloM Technology Fund!" 0-213/ MuHiStFd ...1.061/ Star Asa BontKUSO) 0.803/ GbMiitiStUSD 1.133/ Asia Bond FdA 96.86/5,564 words
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Article, Illustration597 2006-01-05 5 WONG WEI KONG - OIL AND GAS FOCUS Rally fuelled by hikes in oil prices, optimism over marine sector By WONG WEI KONG OIL and gas stocks sizzled again yesterday, lifted by recent rises in oil prices and continued optimism over the offshore and marine sector. SomeSource: Bloomberg - 597 words
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245 2006-01-05 5 RONNIE LIM - By RONNIE LIM MAINBOARD-LISTED Rotary Engineering has clinched a $535 million deal its biggest ever for engineering, procurement and construction (EPC) work on Hin Leong Trading's $750 million Universal Terminal on Jurong Island. Announcing the deal yesterday, Hin Leong's executive director245 words
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373 2006-01-05 6 WONG WEI KONG - Subscriptions worth US$62m received for US$22m of shares By WONG WEI KONG CHINA Aviation Oil's offer to creditors to take up new shares under an equity restructuring plan has been oversubscribed. CAO, which offered creditors 72.3 million shares worth US$22 million, said373 words
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Article, Illustration395 2006-01-05 6 MATTHEW PHAN - By MATTHEW PHAN HYFLUX, darling of Singapore's homegrown water technology industry, saw its stock price rise 4.3 per cent, to $2.93, after National Research Foundation (NRF) chairman Tony Tan on Tuesday raised the possibility of $1 billion being spent to develop environmental andFILE PHOTO - 395 words
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284 2006-01-05 6 CONRAD TAN - By CONRAD TAN ECS Holdings has expanded its footprint into the Philippines with the acquisition of a 50 per cent stake in MSI-Digiland Philippines, recently divested by Singapore-based Digiland International. ECS, a mainboard-listed IT distributor and solutions provider, announced yesterday that it had paid MSI284 words
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Article431 2006-01-05 6 LEE KIM SIANG - By LEE KIM SIANG IN what some observers saw as a belated reaction to a court appeal case it won last year, shares of ThumbDrive maker Trek 2000 International shot up by 11.4 per cent yesterday to hit a 15-month high. The stock gained six431 words
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Article545 2006-01-05 7 AMIT ROY CHOUDHURY - The new service will allow use of normal telephones to make VoIP phone calls By AMIT ROY CHOUDHURY STARHUB announced yesterday the launch of its VoIP (Voice over Internet Protocol) services here aimed at consumers and businesses across the island. This is on top of the545 words
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173 2006-01-05 7 KS Energy Services Ltd yesterday said it has set up a joint venture with BR Energy Sdn Bhd to provide a workover pulling unit to Petronas Carigali Sdn Bhd to support the Malaysian state-owned oil company's offshore operations. The charter income of up to173 words
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COMPANY BRIEFS
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125 2006-01-05 7 ASL Marine Holdings said yesterday it has, through its wholly-owned subsidiary ASL Shipyard Pte Ltd, secured $27.7 million worth of shipbuilding contracts over the past three weeks. These contracts are for the construction of three new vessels, comprising one offshore maintenance, support and accommodation125 words
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48 2006-01-05 7 FDS Networks Group yesterday warned of a loss for the second half of 2005, saying that anticipated orders did not materialise and that manpower and training costs continue to weigh on its operations in Hong Kong, Taiwan and China.48 words
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Article52 2006-01-05 7 BEVERAGE group Fraser and Neave announced yesterday that its wholly-owned subsidiary F&N Dairy Investments Pte Ltd has raised its shareholding in China Dairy Group (CDG) from 29.04 per cent to 29.5 per cent. This was done through the exercise of three million warrants issued52 words
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26 2006-01-05 7 SUPERIOR Multi-Packaging Limited yesterday said Steven Chan has been appointed adviser to its management. Mr Chan's appointment is on a month-to-month basis.26 words
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223 2006-01-05 7 LESLIE YEE - By LESLIE YEE NEW dates have been set for the trial of Accord Customer Care Solutions' (ACCS) founder and former CEO Victor Tan, 34, who has been slapped with 99 charges. The trial is now scheduled for May 2 to May223 words
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Advertisement41 2006-01-05 4 Allianz Global Investors one of world's top five asset management groups Allianz (jfi) with more than US$l.45 trillion of assets under management. Global investors V,., company rem no *****7169Z Soui (:e. Watson V\/y;it! As <it >1 U-Momh'-t a hm. y y41 words
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Page 5 Advertisements
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Advertisement134 2006-01-05 5 Venue HDB Hub Convention Centre Woodlands Room (Basement 1) 480 Lorong 6 Toa Payoh, Singapore Date 7 January 2006 (Saturday) Time 2to 4 p.m. For reservations, pis contact HHH Judy Tan at 6299-2222. KESEBHj Free Seminar on General Insurance brought to you HIHIH by Target Insurance Brokers can assist you134 words
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Advertisement7 2006-01-05 5 i^Riffißß 1 -T'. :V|^^ H^^HSflwiHk'fS^HLflHiß I \taut7 words
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Advertisement252 2006-01-05 6 INITIAL PUBLIC OFFERING Growing with China's Power Industry We are primarily a precision engineering group that specializes in the production of precision vane products which are the key components of steam turbine power generators used for power generation in power plants and power stations Application# for Offer Shares may be252 words
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Advertisement54 2006-01-05 7 ■o% Interest Instalment for Credit Card Available I SLEEP ON WATER SLEEP ON MMTER Tl RELIEVE TIE SYMPTMS A Fantasy Waterbed evenly distributes the body weight reducing pressure on major inflamed joints. Combine it with heat, it aids blood circulation and helps to reduce pain. It's your very own Health54 words
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Advertisement43 2006-01-05 7 IMIJ I I I I i I I |*3 i f' vj*• hiH I i'n ■1 181 If Dflli I■! »j uIMmMK 'I ■B I 11! JHI 1 ■I ■■I IfefmhUl 11 ■M u olliflli VH mjimmm mm V |I I iw mm43 words
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SINGAPORE MARKETS
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Article, Illustration563 2006-01-05 8 R SIVANITHY - STOCKS But signs of strain are emerging with the late pullback suggesting a pause may be on the cards R SIVANITHY Senior Correspondent OVERALL, the local stock market fared well yesterday, thanks to a strong overnight showing on Wall Street and a continuation of aSource: Bloomberg - 563 words
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Article, Illustration744 2006-01-05 8 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS (Disclosures made on Jan 4 and earlier) Subtontiai No of Met SHAREMOUWC Shareholder/ Buy/ Shorn Nf Mora Mm Stodt Train Dote Director SeR ]000 Sfcf > FIW C—I JK Yarning 4-Jan-06 Ang Chiong Chai Sell 1500 0.40 ***** 20 06 ***** 19.32 Vita Hldgs744 words
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181 2006-01-05 8 ANGELA TAN - By ANGELA TAN SESDAQ-LISTED Advanced Holdings Ltd, the best performing stock in Singapore in 2005 in terms of percentage gain in share price, yesterday said US'-based fund Wasatch Advisors Inc has acquired an additional 1.08 million Advanced shares at $0,859 per share. This181 words
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Article, Illustration930 2006-01-05 8 UMA SHANKAM - Compiled by UMA SHANKAM LMA International Jan 4 dose: 77.5 cents CREDIT SUISSE FIRST BOSTON, Jan 4 LMA announced a three-year sole source agreement with American group purchasing organisation, Consorta, to supply supraglottic airway management devices to Gonsorta's 2,400 care sites. LMA had an existing contract with Consorta thatSource: Bloomberg - 930 words
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Article, Illustration560 2006-01-05 8 LARRY WEE - CURRENCIES LARRY WEE Senior Correspondent THE US dollar started the first full day of Asian trading for 2006 on a dismal note. The greenback lost as much as one per cent or more overnight after there were more hints of an imminent peak inSource: Reuters - 560 words
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SINGAPORE NEWS
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Article, Illustration285 2006-01-05 9 CHEN HUIFEN - Most are from services sector, followed by transport, storage By CHEN HUIFEN THE private sector reported some 20,100 job openings in September last year, according to a Ministry of Manpower (MOM) survey, with the most coming from the services sector. Data from the report,Source: MOM - 285 words
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Article105 2006-01-05 9 Balaji visits Andhra Pradesh, Tamil Nadu BALAJI Sadasivan, Senior Minister of State for Information, Communications and the Arts and Health, will begin his visit to the Indian states of Andhra Pradesh and Tamil Nadu from today until Jan lO.Duringthe trip, he will meet government officials and business leaders105 words
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Article431 2006-01-05 9 AP [HONG KONG] Hong Kong and Singapore were ranked the world's freest economies, but they face a growing challenge from a group of European countries that are aggressively liberalising, according to a survey released yesterday by the Heritage Foundation and Wall Street Journal. The twoAP - 431 words
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Article, Illustration793 2006-01-05 10 KALPANA RASHIWALA - Developer raises prices of its Coral Island bungalows by 3 5 per cent By KALPANA RASHIWALA HO BEE Investment, which sold 180 private homes in 2005, expects to launch about 450 units this year in projects on Sentosa Cove, Katong, HollandFILE PHOTO - 793 words
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258 2006-01-05 10 MATTHEW PHAN - By MATTHEW PHAN SINGAPORE has celebrated a year in which creative and artistic endeavour built on the country's strong business reputation. It is this "cultural capital" which is helping Singapore as it moves towards becoming a global city for the258 words
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169 2006-01-05 10 1 THE National University of Singapore (NUS) and life sciences association Bio Singapore will be joining hands to organise an inaugural forum for companies in this field to share their experiences with startups. Called the NUS Bio Singapore Life Sciences Technology Showcase 2006,169 words
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263 2006-01-05 10 UMA SHANKARI - By UMA SHANKARI THERE can be no excuse for not enjoying celebrating 2006's Lunar Year of the Dog, which offers a festive kaleidoscope of events and activities. For five whole weeks, locals and visitors can immerse themselves in the Uniquely Singapore Chun Jie263 words
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Advertisement834 2006-01-05 9 >AT^ 3 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF GIORDANO ADVERTISING (S) PTE LTD (In Members' Voluntary Liquidation) Co Reg No: *****2534 M NOTICE OF RESOLUTIONS At on Extraordinary General Meeting of the Company held at 5/F, Tin On Industrial Building, 777-779834 words
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Advertisement67 2006-01-05 9 ,y rSSpr i >F ~t- ||L^;. ambitions with Credit Suisse. Ire' i 'W if. t £yi„H- mtjjj' ■p^f M Our global vision and in-depth Asian insights enable us to deliver tailored financial solutions to meet your needs. So wherever you are in the world, take flight with Credit Suisse. CSFB67 words
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Advertisement223 2006-01-05 10 'I lib clu6s x,\\A V" Diners To appl m ™ff 6416 0980 j4 VCbrlJ ofExclusive Privileges Treats Diners Club UUWUW|IIIUBUII|HIIhHIAHII||II||HBBI VHHHF umncJinerwcomsg International' Featuring over 20 varieties of QQfl|^■ mushrooms, fresh seafood and f meat served in a signature hot Sumptuous i Ik ava j| a b| e f or223 words
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FOCUS: INDUSTRIES
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Article, Illustration854 2006-01-05 11 OH BOON PING - ELECTRONICS MANUFACTURING SERVICES EMS players are making their presence felt as a one-stop outsourcing solution to original equipment manufacturers, reports OH BOON PING OH BOON PING EVEN as Singapore's manufacturing remains a key pillar of its economy, electronics manufacturing services (EMS) have grown toFILE PHOTO - 854 words
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Advertisement336 2006-01-05 11 International Enterprise Forum (IE Forum) is Asia's premier event on internationalisation that brings together today's most respected thought leaders and entrepreneurs to shed light on the strategy of bringing local businesses to the world. Themed "The Globalisation of Asian Enterprise", IE Forum 06 will feature international business guru Ram Charan,336 words
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ECONOMY WATCH
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Article, Illustration952 2006-01-05 12 Analysts divided in views on meaning of language used in minutes of Fed's last meeting on Dec 13 Bloomberg [WASHINGTON] Alan Greenspan, famous for his enigmatic statements as Federal Reserve chairman, is giving investors a new puzzle in his final month on the job:Bloomberg; REUTERS - 952 words
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420 2006-01-05 12 Reuters [SHANGHAI] China yesterday launched over-the-counter (OTC) trading for the yuan in a key reform meant to promote greater currency flexibility and aid development of the country's foreign exchange market. As part of the reform, the central bank authorised the China ForeignReuters - 420 words
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Article, Illustration852 2006-01-05 12 As hedge funds diversify, bullion price may rise 18% Bloomberg [LONDON] Gold prices may extend gains for a sixth year in 2006 as hedge funds buy the precious metal to diversify from stocks, bonds and currencies. The price of bullion may riseBloomberg; AFP - 852 words
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311 2006-01-05 12 Bernama [KUALA LUMPUR] The Malaysian economy is forecast to register a stable growth rate of 5.4 per cent in 2006, growing slightly faster than in 2005, says a report released recently by Institute of Developing Economies, Japan External Trade Organisation (IDE-JETRO). "This isBernama - 311 words
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Advertisement34 2006-01-05 12 If you are interested to make money, develop people and live an amazing life... COACHING CHAMPIONS" fP A Professional Coaching Certification Course JSL For more information, please call w/m 6338 5669 info@DifferWorld.com yyww.DifferWorld.com, "HWW34 words
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MALAYSIA/INDONESIA
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BRIEFLY ASIA
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79 2006-01-05 13 Bloomberg [JAKARTA] Indonesia's key stock index rose to a record yesterday, finishing above 1,200 points for the first time, after signs that the US Federal Reserve may be close to ending interest rate increases sent the rupiah to a six-month high. The Jakarta CompositeBloomberg - 79 words
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59 2006-01-05 13 AFP [KUALA LUMPUR] Malaysia's national carmaker Proton plans to begin assembling and selling its medium-sized Wira ipodel in Indonesia early this year in a fresh attempt to bolster falling sales, a report said yesterday. Most of the Indonesian-assembled Wira cars will be used asAFP - 59 words
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96 2006-01-05 13 Reuters [BEIJING] A second Chinese state-owned debt clearer has met its recovery target, providing further evidence that China's banking sector is successfully working through its problem loans, the official Economic Daily said yesterday. By the end of 2005, China Great Wall Asset Management CorpReuters - 96 words
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Article2397 2006-01-05 13 VOL Jw4 KM COOO) A&M Realty 1.46 unch 1 Abnc .030 unch 0 ACP Industries 0.65 0.01 4 Advance Synergy 032 001 105 Advents 037 0.02 74 AE Multi 0.30 0.07 113 AffinHldgi 1.56 -0.01 269 Ahmad Zaki Res 1.16 0.01 40 AlCCorp 1.14 -0.01 16 AirAsia 1.592,397 words
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448 2006-01-05 13 PAULINE NG - Overhang contributed to Berjaya Corp's price dive By PAULINE NG in Kuala Lumpur MALAYSIAN tycoon Vincent Tan is sitting on a paper loss of nearly RMBOO million (***** million), arising mainly from the massive overhang of loan stocks issued by his conglomerate Berjaya Corporation.448 words
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344 2006-01-05 13 [PETALING JAYA] Malaysia Airports Holdings Bhd (MAHB) is believed to be a favourite among the contenders vying to build and operate an airport in Kazakhstan, Starßiz reported, citing a source familiar with the matter. The tabloid said it understood the company has been shortlisted344 words
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Article, Illustration490 2006-01-05 13 [PETALING JAYA] Farm's Best Bhd, which supplies more than 20 per cent of the live chickens exported from Malaysia to Singapore, will set up a new cooked-food plant and introduce more products as part of an expansion programme to boost its income andFILE PHOTO; Source: Bloomberg - 490 words
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Advertisement73 2006-01-05 13 FOR THE PLEASURE BY HAND «<^ijfelß| pM MiallU^^^I the TOST ITALIAN reN The Eternal Bird Limited work arrayed in precious red celluloid with a choice of sterling silvik yellow gol(Kor yellow gold with diamonds. ft www.monC^rappa.com Oeelerr IhiiMmre nullum.>■> Ifri^fTfciriffijl tlifT VAt It c L -f -p V «T^«t.inMri7 iMiei73 words
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GREATER CHINA
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Article, Illustration676 2006-01-05 14 Bloomberg [HONG KONG] Chanel SA, Prada Holding NV and three other luxury goods companies won China's first copyright verdict against a shopping mall landlord, their lawyer said. Beijing Xiushui Haosen Clothing Market Co, a landlord at Beijing's Silk Street shopping mall, failed to stopBloomberg; AFP - 676 words
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187 2006-01-05 14 Bloomberg [SHANGHAI] China will let overseas investors buy strategic stakes in its public companies, as the government moves to transform ownership of about US$2lO billion of mostly state-held shares. Foreign companies with at least US$ 100 million of overseas assets, or at leastBloomberg - 187 words
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Article, Illustration588 2006-01-05 14 BUYING CHINA BANKS It is in discussions with authorities over investment ratio, says paper Reuters Bloomberg [TOKYO] The newly formed core banking unit of Japan's biggest lender, Mitsubishi UFJ Financial Group (MUFG), has begun talks with Bank of China to take aReuters; Bloomberg; AFP - 588 words
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342 2006-01-05 14 [HONG KONG] Sinopec Group, the parent firm of the mainland's largest oil refiner, China Petroleum Chemical Corp, has established what is believed to be the first asset management firm under a large state-owned enterprise to dispose of non-core assets, according to the South China Morning342 words
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395 2006-01-05 14 Reuters [SHANGHAI] A Shanghai government investment arm is set to become the biggest shareholder of Pudong- Development Bank ahead of Citigroup Inc's move to quadruple its stake in the Chinese lender. Several state-owned domestic shareholders of Shanghai-based Pudong Bank have agreedReuters - 395 words
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Advertisement25 2006-01-05 14 RT^ Lianhe Zaobao IPohKim I I doing a roaring trade with I I more than I 1 30 outlets I I £A*=+*SsM£ I I I25 words
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INDIA
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Article, Illustration447 2006-01-05 15 Group says deal wilt give customers in India access to leading technology Reuters [MUMBAI] Mahindra Mahindra Ltd, India's top tractor and utility vehicle maker in which Singapore investment company Temasek Holdings has a stake, said yesterday it had acquired UK-based automotive forgingReuters; PHOTOS: BLOOMBERG - 447 words
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391 2006-01-05 15 First investment since India opened up radio ownership Bloomberg [NEW DELHI] The British Broadcasting Corporation (BBC) is set to be the first foreign broadcaster to take advantage of the liberalisation of India's radio business. Mid-Day Multimedia Ltd, India's biggest multimedia company byBloomberg - 391 words
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289 2006-01-05 15 Bloomberg [SINGAPORE] ICICI Bank Ltd, India's largest consumer lender in which Singapore investment agency Temasek Holdings has a stake, may sell dollar-denominated bonds this year, its fifth overseas debt offering since 1997, to help fund the expansion of its international operations. "WeBloomberg - 289 words
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ASIA-PACIFIC/WORLD
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Article, Illustration720 2006-01-05 16 It joins Vodafone as only other non-US tech stock to hit this mark Bloomberg AFP [SEOUL] Samsung Electronics Co, Asia's largest maker of chips and mobile phones, topped US$lOO billion in market value yesterday, joining Vodafone Group Pic as the only technology stocks outsideBloomberg; AFP - 720 words
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Article, Illustration978 2006-01-05 16 Round-the-World Yacht Race. Leg 4, Race 5, Day 4 THE fleet is now moving away from continental Australia into open seas, which will allow the skippers to relax a little, as the close proximity of a large mass of land always limits your options somewhat The split into two978 words
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391 2006-01-05 16 LATEST US DATA Bloomberg [WASHINGTON] US factory orders increased for a second consecutive month in November as airlines ordered more planes, while other businesses recovered from the Gulf Coast hurricanes and rebuilt inventories. Factory orders gained 2.5 per cent following a 1.7 perBloomberg - 391 words
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310 2006-01-05 16 AP [TOKYO] The debut of the world's biggest bank, Bank of Tokyo-Mitsu-bishi UFJ, was marred yesterday by a minor system glitch that halted some online remittance services on the newly created bank's first day of business. The bank's launch completes the mergerAP - 310 words
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Article, Illustration824 2006-01-05 16 ANTHONY ROWLEY - ASIA INSIGHT Continuing mutual distrust would produce disastrous political and economic costs ANTHONY ROWLEY Tokyo Correspondent Deepening mutual distrust between Japan and China has begun to take on overtones of John le Carre or lan Fleming with Tokyo's accusations that the suicide824 words
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Article, Illustration296 2006-01-05 16 AFP [DUBAI] Shaikh Maktoum bin Rashid A 1 Maktoum, the ruler of Dubai since 1990 as well as Vice-President and Prime Minister of the United Arab Emirates (UAE). died yesterday in Australia at the age of 62. Crown Prince Shaikh Mohammed bin Rashid A 1AFP - 296 words
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181 2006-01-05 16 Bloomberg [LONDON] Prudential Pic's shares rose to their highest level in more than three years on speculation Britain's second-biggest insurer may be a takeover target. Prudential's stock increased as much as 16.5 pence, or 3 per cent, to 576 pence, the highest since JulyBloomberg - 181 words
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WORLD
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520 2006-01-05 17 By acquiring the US firm, BASF will get a leader in catalyst converters for cars NYT Reuters [FRANKFURT] The BASF Group of Germany, the world's largest chemical maker, made a hostile takeover bid of US$4.9 billion for Engelhard, an American company that developed theNYT; Reuters - 520 words
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Article, Illustration225 2006-01-05 17 Bloomberg [NEW YORK] Shares of Google Inc, the world's most-used Internet search engine, may rally 45 per cent to US$6OO a share this year, according to Piper Jaffray analyst Safa Rashtchy. New products and features on the site, such as GMail and Map,Bloomberg; AFP - 225 words
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159 2006-01-05 17 Bloomberg [LAS VEGAS] Boyd Gaming Corp will spend US$4 billion to revamp the 25-hectare site of the Stardust casino on the Las Vegas Strip and build a resort complex that will open early in 2010. Echelon Place will combine with Echelon Resort/wholly ownedBloomberg - 159 words
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347 2006-01-05 17 Parts from Europe, N Korea, former Soviet states Reuters NYT [LONDON] Iran is secretly trying to obtain technology and expertise needed to build a nuclear weapon, according to a leaked intelligence report that threatens to deepen a rift with the West overReuters; NYT - 347 words
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Advertisement98 2006-01-05 17 08l- '-S,' J rrmrlo BB£f* v rmOQ6 lfl§P'' f u I Li L*l Mfc:"- > a i on Star Hub Mobile ■nnpi vV 1 ij M i\mgv -felii-;^^^H^l|ll fißßf ii^ltes #i ..<«»*a» v r r^™Wi j< Yfwfe ,faHI /jjilTiui i n 1 Get connected to useful, timely ond relevant news98 words
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AVIATION
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Article, Illustration642 2006-01-05 18 Analysts suggest rationalisation of routes and drastic cost cutting AFP [KUALA LUMPUR] Malaysia Airlines (MAS) is facing a critical year in 2006 and must restructure, cut costs and boost revenue to survive the pressures of increasing regional competition, analysts say. The nationalAFP; AFP FILE PHOTO - 642 words
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Article, Illustration275 2006-01-05 18 Bloomberg [TOULOUSE, France] Wolfgang Mayrhuber, who leads Deutsche Lufthansa, Europe's third-largest carrier, has been appointed 2005 chairman of the Association of European Airlines (AEA), replacing TAP-Air chief executive officer Fernando Pinto. Mr Mayrhuber will use the position to lobby against regulationsBloomberg - 275 words
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248 2006-01-05 18 AP [ATLANTA] Hartsfield-Jackson Atlanta International Airport has topped Chicago O'Hare International Airport as the busiest in the United States in terms of takeoffs and landings, the Federal Aviation Administration (FAA) said yesterday. Hartsfield-Jackson finished 2005 with 980,197 takeoffs and landings,AP - 248 words
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Article, Illustration374 2006-01-05 18 Spending is part of airline's efforts to win passengers Bloomberg [CHICAGO] UAL Corp's United Airlines, the biggest US carrier in bankruptcy, plans to spend US$4OO million this year on refurbished plane cabins and equipment to lure customers as it emerges from three yearsBloomberg; AFP - 374 words
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Article118 2006-01-05 18 Reuters [WASHINGTON] United Airlines flights worldwide were facing lengthy delays because a computer failure had slowed down passenger processing, an airline spokesman said on Tuesday. The computer system used by the airline for reservations and passenger check-in went down at about 5 pm central timeReuters - 118 words
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Article884 2006-01-05 18 grr man n* ruun etp AfaWwM mm 0215 #aaas W Bgt 1 IBSBa —***** 2000 ■Tiwi misr%] Wi J|! i| *8iB layoff C957 0700 T||| |7|j I J 3K514 VF307 2310 FD3508 250 rap fnfi >|W»II asm koi*\ IM aohL »«S OS 504?3 0715 yg C«mTmm884 words
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Page 18 Miscellaneous
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Miscellaneous356 2006-01-05 18 CRYPTIC CROSSWORD 1 Assault can damage present day parent (5,5) j^H 9 Rail return for romancer (4) 10 Mature film star's promises to |10 I j be triumphant (10) 11 Obvious a paste book (6) 12 Crown court not acceptable one 15 Knowing how to get costing HIHIHpL.—JHK_= wrong? (7)356 words
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SHIPPING/TRANSPORT
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Article, Illustration654 2006-01-05 19 It will suffer a loss of up to 100 m euros on the deal; but its stock rises on news Reuters [PARIS/OSLO] French engineering group Alstom has sold control of its shipbuilding business to Aker Yards of Norway, as it steers away fromReuters; AFP - 654 words
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471 2006-01-05 19 Bloomberg [ZURICH] Swiss freight company Panalpina Welttransport Holding Ltd said an executive committed a 33-million-franc (5542.3 million) accounting fraud, prompting chief executive officer Bruno Sidler to quit. The stock fell as much as 9.2 per cent, the most since the company went publicBloomberg - 471 words
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Article211 2006-01-05 19 [SINGAPORE] The US Coast Guard has completed its investigations into the explosion and sinking of the Singapore-flagged chemical tanker Bow Mariner two years ago, which claimed 21 lives. The report blames the master for ordering the venting of vapour-filled tanks which led to two catastrophic211 words
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332 2006-01-05 19 Bloomberg [HONG KONG] India's prime minister has overruled a concern by the country's defence officials over Chinese companies that want to invest in the country's shipping industry, clearing the way for Hutchison Whampoa Ltd to hand in a US$26O million plan to buildBloomberg - 332 words
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Article, Illustration372 2006-01-05 19 AFP [STOCKHOLM] Stockholm on Tuesday launched a sixmonth trial of an intricate toll system around the city centre in a bid to reduce traffic and bring down pollution levels. All vehicles, with a few exceptions including taxis, foreign-registered cars and "clean" cars, that enter orAFP - 372 words
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423 2006-01-05 19 But shipbuilder predicts 18% drop in new orders Reuters [SEOUL] Hyundai Heavy Industries Co, the world's largest shipbuilder, said yesterday it expected sales in 2006 to grow 20 per cent from 2005, but predicted an 18 per cent drop in new orders. TheReuters - 423 words
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Article293 2006-01-05 19 SGX '000 Jm4 SS W- Vol CH Offshore .038 0.01 761 Chuan Hup —0.41 0.01 6044 Cosco Corporation .2.30 0.09 ***** CWT Distribution .0.81 -0.02 18 EzraHldgs 157 0.08 2454 Freight unks 0.06 -0.01 115 Grand Banks Yacht ..0.88 unch 0 Java Holdings 1.26 0.01 1052 K1 Venture293 words
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EDITORIAL & OPINION
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Article517 2006-01-05 20 EDITORIAL MINISTER Mentor Lee Kuan Yew's remarks that Singapore Airlines may, sooner rather than later, have to divest Singapore Airport Terminal Services and SIA Engineering Company highlight the way that in a hyper-competitive world even national icons must face change. Going ahead with the517 words
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Article, Illustration1488 2006-01-05 20 ANDREW ROSS SORKIN - Investors and hedge funds seek changes as more companies find going private attractive By ANDREW ROSS SORKIN NYT TWO months ago, a little-known investor demanded that the publisher of The Miami Herald and The Philadelphia Inquirer be put up for sale. JustNYT; AFP, BLOOMBERG - 1,488 words
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Article, Illustration756 2006-01-05 20 ROBERT SAMUELSON - THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group ACCORDING to most forecasts, the US is headed for a swell year though a boring one. Typical is the forecast from the Organization for Economic Cooperation and Development (OECD) in Paris. InThe Washington Post Writers Group - 756 words
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Article, Illustration2051 2006-01-05 21 STEPHEN ROACH - It is the most important consequence of the lessons of 2005 that could well bear critically on the outlook for 2006 STEPHEN ROACH "To unlearn is to learn." Wipro poster, Bangalore, India SLOGANS like this are plastered all over the walls of Wipro* s sleek campusAFP - 2,051 words
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Article, Illustration769 2006-01-05 21 MATTHEW LYNN - MATTHEW LYNN Bloomberg RUSSIA still hasn't mastered the art of investor relations. Just before Christmas, Russian President Vladimir Putin signed a law ending limits on foreign ownership of shares in OAO Gazprom, the country's natural-gas export monopoly, which is 38 per cent owned byBloomberg - 769 words
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Article10482 2006-01-05 22 SGX MAINBOARD Transaction date: Jan 4 s 52-Wk Td Last Vol Day Last Quote GrOtv Dtv GrYtd Nat MCap High Low Code Company Salt W- (HMO) MBh Law »ny«r S«S«r CV HI Saw 7.5 2 5716 1st Software 5c 2.5 -0.5 565 2.5 2.5 2.5 3 10.1 2210,482 words
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Article6244 2006-01-05 23 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES la local art la St la UU dy %yr %Of %yr \yt fni lixtw Oianga Changt Chang* Chang* Chang* Chang* World Inde* Pretiminag 974.0 04 14.3 0.4 101 Ifl Z£ «EAfE Preliminary 9803 05 2fcS U 145 1*1 Euroce Preliminary 1301.7 0i7 22.96,244 words
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Page 24 Advertisements
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Advertisement980 2006-01-05 24 <fi*- i —|ff|NJ| I *n|( £1 h IWL TUI 1 IW» d I wn&im*- U I «nbp*!* jp v /n\ NYK GROUP SOUTH ASIA PTE LTD ®TSK LINE Fax: 6292 2856 (Regional sales) 6239 7109 (OPS)/ 6299 5785 (Documentation) *< NIPPON YUSEN KAISHA TOKTO COPAKU KASHA. Ott (C/RNO: **********0E) UK980 words
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Advertisement620 2006-01-05 24 jfUMHAaOtO-UVKI VBgL/VW MTKT) HBGHTW KG KOt W» W «T Sl«AlttVßm«£24/0S 1$ 3.2 11/12 21/12 01/01 08/01 04/01 STwnsVßmttEoi/w is 12 11/01 H/DI stouts vaunt 02/04 is 12 23/01 26/01 31/01 03/02 OS/02 /MffTitnHftM r*tr- nrr*"* 1 ISM n STB m mm m m ~la~l (OUIMIIA IiADEIt /03t 30 4i 2121/J2620 words
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Page 25 Advertisements
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Advertisement1651 2006-01-05 25 WAN HAIMTERNAHONAL PH LID aiKkMMsnoaN/i V— TH:*****51S (14UNB) FAX:*****143 VH\WAN HAI LINES sssasesssssssu V—- XW H: (07) *****23 BUt (07J*****1 M HJI) J*****S MX: Wl) J*****4/ 1291J0S X wamkal tmm wtnun 1 WWW.WOnnBI.tOm.S9 M. TH; |0*l) 4157W3 HU: <0»1) 415W25/4l«WOf ron sw wo not g wc «wt ws tto m1,651 words
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Advertisement1136 2006-01-05 25 reff w m r* vkel w f «t sui wc iisi ws HT VLADIVOSTOK 170S 1 2/1 I</I 10/1 21/1 W 25/1 25/1 KMT( SIHGAPOKE 51IS 1/1 11/1 12/1 17/1 21/1 22/1 HY PIOGKSS 107S 21/1 24/1 '21/1 J/l_ J/2_ KMTC JAKAffA MIS 15/1 11/1 lf/1 24/4 2S/1 2f/l Vtssa1,136 words
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Advertisement707 2006-01-05 25 m 3C325& WEEKLY EXPRESS SAIUNG SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD froiNTS VBSa I VOY SIN PJOANG COUHBBO N. SHtVA COtOMO WDIIA GAMDHI OIOOW 23 JAM 24 JAM EM 2HM gfß UHVGAMDHI 0100W 30 JAM 31 JAM 03 FU 06FB HJiB KOTAPBTAMA YfMo3l 06 FE» 07 FB707 words
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THE BUSINESS TIMES SHIPPING TIMES
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7499 2006-01-05 26 This ETA ETA AdvtrtlMr Vnul Voyag* T»l«ptiom SM DMfn Nmm Nam* MmImt.. Mumtm To ABIDJAN (ABJ) 2003 Cote D'lvoire 12/01 21/02 China Shpg CSCL FELIXSTOWE SX203W *****698 12/01 21/02 China Shpg PERTH BRIDGE 097A *****898 13/01 08/02 Deimas DELMAS KERGUELEN 608W *****344 18/01 15/027,499 words
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Page 26 Advertisements
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Advertisement391 2006-01-05 26 VESSEL VOY SIM PCU VfSStt SM *T PACIANDA 1630W 25/12 U/UZ PACMU 41W ZgHZZgHZZ CSF 2301 021ZE 26/12 2SZ!2_ ijg Kfl PAC lAHDA 1631N 27/12 27/12 gMZ PAC lAHDA IW?H 2SZI2 22Z12— JHT Mi ~T^j— CSF 2301 02JL8P 22Z11 W/H ffiSLl 9U4 21/01 24/01 PACMNPA IW3H 3fiZl2 3fiZl2_ pjjg SS391 words
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Advertisement416 2006-01-05 26 IVISSIL IvbY IHa I SIN I KARACHI I PX» I BAB I NHS I PRIM BIK KHOR IRAN BALUCHISTAN POBII4 04/01 03/01 14/01 17/01 IS/01 24/01 27/01 30/01 SIAMTA 005W SKIP 09/01 I*/01 13/01 IRAN SAABAfI PCUII7 12/01 13/01 22/01 23/01 16/01 02/02 |03/01 OS/01 VtIML VOY SIN NHAVA SHIVA416 words
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Advertisement323 2006-01-05 26 BSfl i. MYANMA «H FIVE STAR UNE (My«i»or Nationol Line) Loading for Yangon VESSEL VOY SIN PKI PEN PGU CHIN SHWE HAW 90W 06/01 PAGAN S49W SLO IN RAIAYSIA: lOUSTEAO SHIPPING AGENCIES KUI/PKL 03-*****300 PEN: 04-*****1S JHi ACCEPTINQ CONVENTIONAL CBO VES$a vdy we sm na RaiwmiSK twu MMHNE AMETHYST 3323 words
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BizIT
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Article, Illustration567 2006-01-05 28 ROLAND LIM - Major hard disk drive vendors look at prospects for this year. ROLAND LIM reports ROLAND LIM Digital video recorders, portable digital music players, mobile phones and the like are all music to the ears of hard disk drive (HDD) vendors, who are relying on567 words
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Article, Illustration777 2006-01-05 28 AP [LAS VEGAS] Flat-panel televisions with built-in digital video recorders. Pocketable satellite radio receivers that can bookmark songs for online purchase. High-definition TVs engineered to play video or display photos from any computer on your home network. The new offerings from LG Electronics, XM SatelliteAP; AFP - 777 words
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135 2006-01-05 28 AP [BANGKOK] Thailand's government hopes that 50 per cent more people will have access to the Internet this year because of plans to increase bandwidth and deliver more computers to schools, a report said. The Information and Communications Technology Ministry predicted that the numberAP - 135 words
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Article, Illustration477 2006-01-05 28 AMIT ROY CHOUDHURY - By AMIT ROY CHOUDHURY STOPPING people tampering with other people's computers is developing into a huge business. The market in Asia Pacific alone was apparently worth U*****.3 million in 2004, according to figures from IT research agency Frost Sullivan, who projects its value to477 words
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490 2006-01-05 28 Reuters [NEW YORK] Motorola Inc. the world's No 2 cell phone maker, on Tuesday revealed details of its plans for ißadio, a subscription music service that will go on sale this year. It also unveiled a new home phone that consumers could link withReuters - 490 words
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233 2006-01-05 28 Reuters [SEOUL] South Korean chipmaker Hynix Semiconductor Inc expects growth in world personal computer demand to slow in 2006 and plans to focus on NAND chip production, its chief executive said on Tuesday. Companies like Hynix and Micron Technology Inc are tryingReuters - 233 words
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Page 28 Advertisements
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Advertisement23 2006-01-05 28 jKNMPvuseen millions of MP3 players sold and millions of satellite radio products sold. Now we're marrying them together.' —XM Satellite spokesman Chance Patterson23 words
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Page 29 Advertisements
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Advertisement4829 2006-01-05 29 :»at^ NOTICFS Toll free: 1800-289-5822 Email: notices@sph.com.sg I NOTICE OF EXTRAORDINARY GENERAL MEETING Linair Technologies Limited Company Reg No.: **********) NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Orchid Country Club. 1 Orchid Club Road. Sapphire I (Hotel Section) Singapore *****2 on4,829 words
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Advertisement434 2006-01-05 29 IN THE MATTER OF THE COMPANIES ACT, (CHAPTER SI) f PURSUANT TO StCTION 29«l)(b) Al a General Meeting of HAPPY MANUFACTURING CO PTE LTD duly convened and held at 23A Goodman Road. Singapore *****1 on 30 December 2005. the following resolutions set out below were duly passed BinilJBBUIIlBS;. a) That434 words
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PROPERTY
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561 2006-01-05 30 Apartment sales drop; Q4 supply up, reflecting cooling of once-hot market Reuters [NEW YORK] It's not quite a buyer's market, but Manhattan is close. Sales of Manhattan apartments dropped and for-sale units piled up in the fourth quarter of 2005, reflecting a coolingReuters - 561 words
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Article, Illustration203 2006-01-05 30 Bloomberg [HONG KONG] The value of residential, office and industrial units traded in Hong Kong last month came to HK$l4.5 billion (Ss3.l billion), 57 per cent less than in December 2004 and 49 per cent less than in November 2005, said the LandBloomberg; AFP - 203 words
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1239 2006-01-05 30 PROJECT NAME/ PROP CONTRACT TENURE BUKI-N/IAND PRICE PSF STREET NAME TYPE DATE AREA'SQFI) (Sj'000) (St) Distrkll NON-LANDED tie Sad At Manna Bay Apt .02/12/2005 99 861 1002 1164 fieSadAtMartnaBay Apt 01/12/2005 99 2336 3057 1309 Sail At Marina Bay1,239 words
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Page 30 Advertisements
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Advertisement350 2006-01-05 30 Prime Residential Redevelopment Site in District 15-Amberville at Marine Parade Road 99 years leasehold (subject to approval for lease top-up) Site area 20,293.1 sq m (218,435 sq ft) MP 2003 Plot Ratio of 2.8 j Wide frontage spanning 249 m with 1 unobstructed sea view £Aj Direct access to pedestrian350 words
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