The Business Times, 7 February 2006

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Microfilm: NL26597
Total Pages: 32
1 32 The Business Times
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  • Title Section
    Lock icon Masthead
    18 1 THE BUSINESS TIMES SING 70 s ORE^scents online at http://business-times.asia 1 .com.sg MICA (P) 089/03/2005 Tuesday, February 7,2006
    18 words
  • Article
    Lock icon New pecking order among SGX firms
    1162 1  -  Changing business climate is telling on market capitalisations By TEH HOOI LING [SINGAPORE] There has been a significant reshuffling of positions among Singapore's largest listed companies in the past five years underscoring the fact that not advancing is equivalent to regressing in today's highly
    1,162 words
  • Article, Illustration
    Lock icon PSA's stake in P&O sitting on £29m paper profit
    476 1  -  Share price is up 22% since stake was acquired in Dec By WONG WEI KONG [SINGAPORE! The outcome of the takeover battle for Peninsular Oriental Steam Navigation Co (P&O) is still uncertain but Singapore port operator PSA is already sitting on
    Source: Bloomberg  -  476 words
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      96 1 HA NEW CHAIRMAN lre3 Philip Yeo joins stem cell research firm Take four top bankers in ethnic usher the of fl|^ you have team the Chinese New not a// a&out f/ie ftanA: ifse// IfmStffi^j Yesterday. OCBC also hosted a new year dinner for its SME x 9 s customers at
      96 words
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      8 1 CALLING IT A DAY Justice Lai Kew Chai,
      8 words
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      44 1 IT3 SME SPOTLIGHT e-lcarniugboom PGI2 _J| »»w 8 l(i*****^ Markets Digest Pg 3 BT ONLINE BT print subscribers get free access to the Business Times Online. To activate your account log on to http'7/ business-times.asial .com.sg. For more information, e-mail btocs@sph.com.sg or call 6388-3838.
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  • TOP STORIES
    • Article, Illustration
      Lock icon Business must drive E Asian bloc: SM Goh
      657 2  -  Governments' job is to remove political obstacles and thus foster cohesion By CHUANG PECK MING [SINGAPORE] Commercial logic must remain the key driver for an East Asian Community and governments should clear political obstacles so business can flourish and the region can
      LIN SIN THAI/ST  -  657 words
    • Article
      Lock icon Correction
      68 2 OUR report "Sea View, Yoma sign conditional $102 m deal" (BT, Feb 6) said tha deal includes a profit before tax guarantee for the financial years ending March 31, 2006, and March 31, 2007. This is incorrect. The consolidated net profit before tax after minority interest profit guarantee applies
      68 words
    • Article
      Lock icon S'pore oil refineries feeling the squeeze on margins
      504 2  -  By RONNIE LIM [SINGAPORE] Singapore refineries are caught in a squeeze that is eating into their margins, with crude oil prices rising as demand for refined products falls. Concern is growing, but industry officials say the first quarter still looks OK. "There
      504 words
    • Article, Illustration
      Lock icon Justice Lai retires after 25 years of service
      319 2  -  His departure from the bench has been expected since he was diagnosed with cancer last year By CONRAD RAJ [SINGAPORE] One of the country's longestserving High Court judges. Justice Lai Kew Chai, will step down today 25 years on the bench. A
      FILE PHOTO  -  319 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      736 2 S'pore IT firm scores big in medical imaging HOMEGROWN, Australia-listed Matrix View has come up with an innovative solution that promises to revolutionise telemedicine by compressing data in a cheaper way, using significantly less bandwidth. What this means is that we no longer need satellite or broadband to
      736 words
    • Article
      Lock icon S'pore IT firm scores big in medical imaging
      579 3  -  Its solution enables huge files to be sent via Internet accurately, quickly By CHEN HUIFEN ISINCAPORFI A homegrown IT company has come up with an innovative solution that could revolutionise telemedicine. It has developed a method of compressing huge medical images so
      579 words
    • Article
      Lock icon MARKETS DIGEST
      136 3 STI 2,441.08 (+9.36) ST INDEX FUTURES 2,445.00 (+9.00) SIMSCI 289.25 (+1.47) SIMSCI FUTURES 290.40 (+1.40) MARKETS Monday Change KLSECOMP 929.39 +1.54 NIKKEI 225 16,747.76 +88.12 HANG SENG 15,548.06 +118.33 SET INDEX 744.12 -2.97 JAKARTA COMP 1,245.65 +1.52 MANILA COMP 2,133.13 -5.58 SEOULCOMP 1,341.64 +8.14 SHENZHEN 8 258.35 +11.51
      136 words
    • Article, Illustration
      Lock icon Philip Yeo joins stem cell research firm
      347 3  -  He is one of four new faces on the company's board By CHEN HUIFEN ISIM.APUHKJ Days after stepping down as co-chair-man of the Economic Development Hoard, outspoken civil servant Philip Yeo ha* a new Job And hp won't havp to travel far from
      347 words
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      78 2 Directly on top of the Clarke Quay MRT Station Overlooking the Singapore River SOHO or New Age Office For Sale Size from 646 sf to 1216 sf Can built up Loft concept, Column Free, High ceiling, attached toilet Office Space for Sales size from 883 sf to ***** sf High
      78 words
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      264 3 I jL]| *4 Tfy B m m 3H '^^%'W^hhhhhmh CELEBRATE OUR NEW FLIGHTS TO MOSCOW WITH A SPECIAL FARE OF $1,050*. A Singapore Airlines flies to Moscow 3 times weekly from 1 March. Discover Russia's colourful capital rich in history and MP? cultural heritage. From the world's grandest underground metro
      264 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Lacklustre bank results expected for Q4
      663 4  -  BANKING OUTLOOK But analysts deem prospects for this year better with improving economy By LESLIE YEE MM.inmi hank. f* pwlpd W> untvll an wuK in( of for the («urth qufW of ?(lIS but anahftt* ar* hopeful that Hank. will perform be tie# tht. «t«r
      663 words
    • Article
      Lock icon OCBC HOSTS SME CLIENTS IN STYLE
      130 4  -  By ARTHUR LEE < in 4m wV«I t*> Iw Jd it* I hm'v Vw > to 4 it* VMI <»»•# Ihfw niffct* tin* Sr| V-»» iS*h h**4 »V I«»u I ntffjxtv Hanbtng **>d th» lhrr« nrtiiftf" aib<* rr>.<r am>*»f it* manag****-®! and *uF making
      130 words
    • Article
      Lock icon SingTel wins damages appeal against StarHub
      522 4  -  TELECOM By SIOW LI SEN IS a change of fortunrs. Singapore Telecommunicaturns ha> won an appeal on damages against rival Star* Hub ('.able Vision (SCV) o\er unauthorised tapping In a judgment released yesterday. the C.ourt of Ap peal reversed the High Court's dismissal of
      522 words
    • Article, Illustration
      Lock icon Few surprises expected from SingTel's Q3 results
      636 4  -  Analysts hope to know if it raised stakes in associates By SIOW LI SEN SINGAPORK Telecommunications is likely to report flat third-quarter numbers tomorrow with little surprises. but what could spice up the event would be a plan to return money to shareholders.
      FILE PHOTO  -  636 words
    • Article
      Lock icon Give Ow's companies another look
      659 4  -  HOCK LOCK SIEW By CONRAD RAJ SHIPPING and hotel magnate (>w Chio Mat mnvp U» unlock value for n«t only himself but also the other 9.2(10 shareholders of Singapore Shipping Corporation appears to have paid off Mr ()w. it Hill be recalled. ha* hived off
      659 words
    • Article, Illustration
      Lock icon Eu Yan Sang profit slips 1.1 %in Q2
      585 6  -  CORPORATE RESULTS However, H1 earnings are up 24.5%, boosted by robust growth in Q1 By MICHELLE QUAH DESPITE a 9.7 per cent year-on-year rise in revenue to $45.1 million for its second quarter ended Dec 31, 2005, traditional Chinese medicine (TCM) chain
      FILE PHOTO  -  585 words
    • Article
      Lock icon Aussino's H1 profit up 8% on China growth
      434 6  -  By NANDE KHIN EXPANSION in China paid off for Aussino Group, with the homegrown bedlinen and ladies' apparel maker posting higher net profit and sales for its first halfyear ended Dec 31, 2005. Aussino's net profit rose 8 per cent year-on-year from
      434 words
    • Article
      Lock icon AusGroup's H1 earnings up 40% to A$3.5m
      343 7  -  CORPORATE RESULTS Revenue also rose for the company's first six months to A$105m By DANIEL BUENAS SUSDAQ-LISTED Ausliroup Umit-«-d an engineering servires prouder xoninu mainly the oil. gas .ind mining-related industries \«'sU*rda> announced a 40 per rent increase in after lax profit to
      343 words
    • Article
      Lock icon Hartford Education posts $427,000 profit in Q2
      280 7 RISINKSS education pro vidrr Hartford Kducation C'.orp. formerly known a* Hartford Holding*, continued on it* path of recovery with a net profit of $427.(MM) for It* *econd quarter ended Dec 31. 2005 The i) 2 net earning* compare with a loss of $61.(MM)
      280 words
    • Article
      Lock icon IPCs HK unit turns in HK$8.3m profit
      312 7 IPC. Corps Hon# Kong sub sidiary. Thin Soft (Holdings) Inc. ha* returned to the black, reporting a not profit of HKSB.3 million Tor its financial year ended Dec 31. 2005 This compares with a net loss of MKS7.7 million the previous year The
      312 words
    • Article
      Lock icon China-based Star Pharma offers shares
      430 7  -  Mainboard IPO shares priced at 35 cents each By OH BOON PING CHINA-BASED drug company Star Pharmaceutical yesterday launched an initial public ofTer for a listing on the main board of the Singapore Exchange (SGX). The offer, which opens today, comprises 58.5 million shares 2.9
      430 words
    • Article, Illustration
      Lock icon Global Voice to buy pan-Euro Viatel network
      516 8  -  42m euro deal will see 13 intra-city networks linked up in six countries By CONRAD TAN FIBRE optic network operator Global Voice will acquire half of the network infrastructure of telecom group Viatel for an estimated 42 million euros (SsB2 million) to link
      ARTHUR LEE  -  516 words
    • Article
      Lock icon UOL and Hotel Plaza announce promotions
      289 8 UNITKI) Overseas Land (UOL) and its subsidiary Hotel Plaza both from the United Overseas Bank (UOB) stable have announced key promotions. At UOL. the property arm of UOB. group general manager I,iam Wee Sin has been promoted to chief operating officer. Mr Liam, 46,
      289 words
    • COMPANY BRIEFS
      • Article
        Lock icon UFS unit wins jobs
        47 8 UNITED Fiber System's subsidiary Poh Lian Construction has been awarded two contracts totalling $39.1 million for piling and main contracts work for the proposed four-storey warehouse retail building in Tampines by Ikano Pte Ltd. The scheduled completion time is the third quarter of2006.
        47 words
      • Article
        Lock icon STATS to fight suit
        66 8 STATS ChipPAC said it has been notified that Tessera Technologies Inc has sought to add it and other parties to pre-existing patent infringement action pending in the Northern District of California, asserting claims for infringement of several Tessera patents and a claim for breach of an
        66 words
      • Article
        Lock icon BIL on casino nod
        34 8 THE Gambling Commission of Great Britain has informed BIL Gaming Operations UK Ltd, a unit of BIL International, that it has been approved to be a licensed operator of casinos.
        34 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      6160 8 UNIT TRUSTS FUNDS AM Antra Awl Mgt (S'pore) St* Ei*ope Eqty 1 0897/ Star Euope Bond 1196/ Star Eimpe Bal 1162/ Star Asian Tiger Eqty ——•'176/ Star Asia Bond 1 313/ Star Asia Balanced 088/ Star Global Technology Fwid!** 0.209/ Mult,SIM 1 053/ Star Asia BondlUSO) 0803/ Gfc Mult) St
      6,160 words
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      101 4 "Km* tax I Our qualified professionals I can assist you with offshore ■■Pr^HkiSl Ejgjßr rjb:aeE^KJH| structures, shelf companies incorporations in ALL Virgin Islands fl3vtol|lfl|l4 Cayman Islands Bahamas Mauritius ■fIHIIIHIHH Hongkong Samoa Full nominee, management, secretarial, banking and corporate administration services are available. We also specialize in offshore trusts for assets
      101 words
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      19 4 Inviting tenders? Call 1800 289 8822 or email notices@sph.com.sg to book your tender notice in our newspapers now. notices
      19 words
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      476 5 -s >i I?. -i^m. v |e <fI^HL ®k. Jl vKVi HL M J?sM^fcjt. Btt* i*9m £j iMl^TIi BMIillMl!! l <. l PgWWl^^^^Wg^ j; f r jf W" 3 F t Hi '<d^HH)K 'Br* I STAR Pharmaceutical Limited Incorporated in Singapore on 10 January 2005 Company Registration Number *****0429W try fftf
      476 words
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      491 9 flilmi IB v: Jm, Ssttlsl§< r l -Ift^ 11. ;j^^U r 111 M| H "-f L x "i 1$ A* |H ■t j.i |®r» §11 1 flyi n jjjp Kggg^^Hpi^vvE 13 mi, *iW «w*v BMHBiVHHHHHP How is ad-hoc expansion of your IT system affecting your business? Never. Tack. Things. On.
      491 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Singapore bourse resumes rally
      460 10  -  STOCKS Property and energy-related stocks gain ground; SingTel and SGX also advance LESLIE YEE Senior Correspondent Resuming a rally that lifted the benchmark Straits Times Index to a six-year high last week. Singapore stocks rose yesterday as markets also rallied in Japan. Hong Kong and Australia.
      Source: Bloomberg  -  460 words
    • Article, Illustration
      Lock icon TRADES TO WATCH
      623 10 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS (Disclosures made on Feb 6 ar>d earlier) M asg~ tt "g "> s a—% FedefjMnt 6-Feto« Svwknd'a Surnw*y«h B Buy 1151 na 1011 i 29 ssssr sss fera'. SJ s H is sss til "its sScKT' "J mnovalue* 2-Feb-06 AtUrttiilnvMt Mgt Buy 220 na
      623 words
    • Article
      Lock icon Exercise of options in ST Engineering
      94 10 PHILIP Tan Yuen Fah, a director of Chartered Semiconductor Manufacturing, exercised options to subscribe for shares granted under the Singapore Technologies Engineering Ltd share option plan. ST Engineering is a related corporation of Chartered. Mr Tan exercised his options at $2.72 per ST Engineering
      94 words
    • Article
      Lock icon Director of SIA subsidiary exercises options
      76 10  -  By LESLIE YEE TAN Kim Thiam, vice-president of network revenue management at Singapore Airlines (SIA), exercised SIA share options on Jan 25. He exercised options for 4,750 shares at an offer price of $10.34 per share, and 2,375 shares at an offer price of
      76 words
    • Article, Illustration
      Lock icon BROKERS' TAKE
      901 10  -  Compiled by UMA SHANKARI Biosensors Intomfttioital Feb 6 dose: SSl.lt UOt KAY MIAN RESEARCH. Feb 6 BIOSENSORS' 3QFYO6 performance continued to reflect strong traction for its Axxion drug-eluting stent (DES) sales, growing ten-fold year-on-year while rising 79.3 per cent sequentially. Group revenue rose 51 per cent, with DES
      Source: Bloomberg  -  901 words
    • Article, Illustration
      Lock icon Asian units shine even as US dollar rebounds
      525 10  -  CURRENCIES LARRY WEE Senior Correspondent DESPITE its gains elsewhere, the close of Asian trading yesterday found the US currency forced to fresh post-depeg lows versus both the Chinese yuan and Malaysian ringgit, and to lows not seen in more than three years
      Source: Reuters  -  525 words
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  • SINGAPORE NEWS
    • Article
      Lock icon HP-led group to bid for SOE project
      379 11  -  The consortium also has ST Electronics, Cisco Systems and Microsoft By ROLAND LIM ANOTHER heavyweight grouping has entered the race to bid for the $1.5 billion Standard ICT Operating Environment (SOE) government tender. Information technology (IT) giant Hewlett-Packard (HP) yesterday said it is
      379 words
    • Article
      Lock icon Jetstar Asia to get fourth new CEO in a year
      410 11  -  By VEN SREENIVASAN QANTAS-controlled budget airline Jetstar Asia will soon get its fourth chief executive in just over a year. The new boss is believed to be a Singapore resident and female. BT understands from well-placed sources that after a
      410 words
    • Article, Illustration
      Lock icon Terror suspect nabbed in Indonesia
      313 11 Reuters [SINGAPORE/JAKARTA] Singapore's most-wanted man, believed to have planned bomb and planecrash attacks on the island's airport, has been arrested under the Internal Security Act (ISA), the Ministry of Home Affairs said yesterday. Mas Selamat Kastari, said to belong to the Southeast Asian Islamic militant
      Reuters; REUTERS  -  313 words
    • Article, Illustration
      Lock icon Stanchart S'pore names new CEO
      227 11 STANDARD Chartered Bank Singapore has appointed Lim Cheng Teck as its new chief executive officer to succeed Euleen Goh, with effect from March 6. Mr Lim, who is currently the chief operating officer of Stanchart's China operations, will report to Stanchart group executive director Kai
      ST  -  227 words
    • Article
      Lock icon Manager of sole proprietorship charged with evading tax
      644 11  -  Scheme uncovered through Iras' regular audits By MICHELLE QUAH IN THE first such case of its kind here, the manager of a business and not the taxpayer has been charged and found guilty of evading tax, under the Goods and Services Tax
      644 words
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  • SME spotlight
    • Article, Illustration
      Lock icon Taking big strides with the e-learning boom
      626 12  -  Knowledge Director counts among its many clients established names such as Citibank, Microsoft, the Singapore Exchange and Singapore Power, reports UMA SHANKARI UMA SHANKARI WITH e-learning becoming ever more popular among companies and government agencies across the region, education companies providing IT solutions
      626 words
    • Article
      Lock icon More help for SMEs in food industry
      363 12  -  By NANDE KHIN SMALL and medium-sized enterprises (SMEs) in the food manufacturing industry will be given new help to upgrade their capabilities, develop new products and expand overseas through a private-public sector partnership. The Singapore Food Manufacturers' Association (SFMA) announced four initiatives at
      363 words
    • Article, Illustration
      Lock icon Having own brand pays off for HLS
      680 14  -  OH BOON PING finds out why the company developed its own brand and how it plans to grow its integrated circuit trays business OH BOON PING THERE'S nothing like having your own brand to add value to your product. A company that is
      ARTHUR LEE  -  680 words
    • Article
      Lock icon The scope of powers of investigation by CCS
      1096 14  -  By KALA ANANDARAJAH THE fourth article in this series on Competition Law discussed how a complaint can be raised by an SME against another business undertaking for alleged anti-competitive activity or abuse of dominance. This fifth article discusses the scope of the
      1,096 words
    • Article, Illustration
      Lock icon FriarTuck seeks VC funds for expansion
      1103 15  -  Co-founders Martin Henz and Sevugan Alagappan tell NANDE KHIN how the company plans to market its optimisation technology NANDE KHIN FRIARTUCK, a homegrown software company that counts large US organisations like Nasa and Wharton Business School as its clients, has come back to Singapore
      ARTHUR LEE  -  1,103 words
    • Article, Illustration
      Lock icon Aussino eyes Europe, Mid-East and S Africa
      762 15  -  SMALL CAPS By NANDE KHIN CHINA is now Aussino Group's biggest market and the homegrown bedlinen and ladies' apparel maker is not wasting any time building on its strength there. But it is also not putting all its eggs in one basket, with
      762 words
    • Article
      Lock icon Portfolio advances 5.3%
      345 15  -  By TEH HOOI LING HAS the long-awaited resurgence of small-cap stocks finally arrived? The Sesdaq Index is near a 20-month high, closing yesterday at 97.37 points a level not seen since July 2004. Many smaller stocks are closing the performance gap on blue chips, which propelled the
      345 words
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      203 12 Diners Club Card r.^4««Mi609«0 nVfSfl A World of Exclusive Privileges Treats Diners Club |U IBMW llMt 1 IliiEllllMglllMMllllMil V™ International E^P^s^r s p i as Toss your way to an auspicious Lunar New m Year our Yu Sheng promotion! We offer both Fortune Yu Sheng Prosperity Yu Sheng at two
      203 words
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      4926 13 JOINT ANNOUNCEMENT TPG CENTURY LTD. NEWBRIDGE CENTURY LTD. PACIFIC CENTURY REGIONAL DEVELOPMENTS LIMITED (Incorporated in the Cayman Islands with limited liability) (Incorporated in the Cayman Islands with limited liability) liab hty) PROPOSED SCHEME OF ARRANGEMENT 1 INTRODUCTION China (the PRC, Hong Kong and Taiwan), Japan, South Korea, India, Australia and
      4,926 words
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      144 14 lgjanuary to 12 February 2006 Festive* Lunch Daily 12noon 2.30pm Adult $26.80+++ Child $18.80+++ Adult $18.80+++ 3^ P Child $13.80+++ t inTEi phopnty Weekend 3.30pm 5.30pm HOTEL PHOENIX $21 g Q+++ chj|d $15 80+++ ChineseNewYear Fest s£Pi2. ner V* fllf ICJ \*> J u Adu(t $29 <80+++ j chjld $20<80+++
      144 words
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  • ECONOMY WATCH
    • Article
      Lock icon Yuan climbs to post-July high after comments
      270 16 Bloomberg [HONG KONG] The Chinese yuan had its biggest advance in two weeks yesterday as investors bet the central bank would allow faster gains after governor Zhou Xiaochuan last month said the dollar makes up less than half of the currency basket. "The
      Bloomberg  -  270 words
    • Article, Illustration
      Lock icon Bush seeks cuts in domestic spending in 2007 budget
      581 16 Defence and homeland security are to be spared the slashing Reuters [WASHINGTON] United States President George W Bush was to propose shrinking an array of domestic programmes and cut billions from the Medicare health programme yesterday when he was to send
      Reuters; AFP  -  581 words
    • Article
      Lock icon Japan investors show strong appetite for US bonds
      554 16 But their buying may begin to slow on dollar fears Reuters [TOKYO] Japanese investors have been aggressively buying US bonds in search of better returns than those on low-yielding domestic debt, but their buying may soon start to slow on concerns about
      Reuters  -  554 words
    • Article
      Lock icon India expects US$7b of overseas investment
      178 16 Bloomberg [NEW DELHI] India expects investment by foreign companies to rise to as much as US$7 billion in the year to March, said Ajay Dua, secretary in the department of industrial policy and promotion. "We expect higher investment in automobiles and mining sector," Mr
      Bloomberg  -  178 words
    • Article
      Lock icon Indonesia's foreign debt-to-GDP ratio falls
      177 16 AFP [JAKARTA] Indonesia's foreign debt at the end of 2005 fell to 22.7 per cent of gross domestic product (GDP), down from 42.2 per cent in 2000, Finance Minister Sri Mulyani Indrawati said yesterday. Foreign debt was U5561.04 billion at the end of last year,
      AFP  -  177 words
    • Article
      Lock icon WTO ruling expected to favour biotech food
      706 16 Even if the US wins, genetically modified foods would not flood Europe because citizens there remain wary of them. AP [WASHINGTON] The battle over agricultural biotechnology could reach a tipping point this week, when the World Trade Organization is expected to render its
      AP  -  706 words
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      Lock icon Page 16 Advertisements Column 1
      73 16 ABSolutely Useful A healthy Supplement for men! For best results, read one to two times daily. Can be combined with practical workout for an increased, synergistic effect. Use only under the advice of Men's Health if you are in doubt. Keep out of the reach of women. GET YOURS NOW!
      73 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Plans to list Sungei Wang Plaza as Reit turned down
      680 17  -  Securities Commission says only one asset was being injected By PAULINE NG in Kuala Lumpur SUNGEI Wang Plaza may be one of the hottest shopping centres in the heart of Kuala Lumpur but it is not good enough for the
      BLOOMBERG  -  680 words
    • Article
      Lock icon BURSA MALAYSIA
      2434 17 VOi F«b 6 KM C000) ASM Realty 1.41 0.01 6 Abric .0.36 0.02 286 ACP Industries .0.70 -0.02 111 Advance Synergy 0.25 0.02 313 Advents 0.30 0.03 3342 AE Mutti 0.33 0.03 479 Affin Hldgs 1.61 -0.02 622 Ahmad Zaki Res 1 28 0.03 16 AlCCorp 1.15 unch
      2,434 words
    • BRIEFLY ASIA
      • Article
        Lock icon TM Int'l starts talks with Spice Telecom
        79 17 Bloomberg (KUALA LUMPUR) Telekom Malaysia Bhd, the nation's biggest phone company, said unitTM International Sdn started preliminary discussions to buy a stake in India's Spice Telecom Ltd, seeking to expand overseas as growth at home slows. "This is consistent with TM's continued interest
        Bloomberg  -  79 words
      • Article
        Lock icon Fidelity buys 9% of Indian exchange
        77 17 Bloomberg [MUMBAI] Fidelity International Ltd, a unit of the world's third-biggest money manager, bought 9 per cent ofMulti Commodity Exchange of India Ltd. to gain from a surge in commodities trading in the world's second-fastest growing major economy. Fidelity paid US$49 million for the
        Bloomberg  -  77 words
      • Article
        Lock icon Goldman, Allianz eye stake in Dazhong
        82 17 Reuters [SHANGHAI] Goldman Sachs and Germany's Allianz are separately interested in taking a stake in a mid-sized Chinese property insurer, industry sources said yesterday, pitting them against top domestic insurer China Life. Goldman and Allianz AG Holdings began talking to Dazhong Insurance Co Ltd
        Reuters  -  82 words
    • Article, Illustration
      Lock icon Reforming the armed forces in Indonesia
      726 17  -  INDONESIA INSIGHT Jakarta govt is studying ideas to beef up finances for the under-funded military SHOEB KAGDA Jakarta Correspondent JUWANO Sudarsono often refers to himself, tongue in cheek, as Indonesia's defenceless minister. While the comment draws laughter from whichever audience he is addressing, a
      726 words
    • Article
      Lock icon M'sia tender test sparks Khazanah bond ta k
      333 17 Reuters [KUALA LUMPUR] Malaysia said yesterday it will test the bond-tender website for an issuance by Khazanah Nasional, in a move analysts said could signal the state investment arm was preparing to build up its war chest for more acquisitions. Bank Negara,
      Reuters  -  333 words
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      394 17 >AI^ NOTICES TAMURA ELECTRONICS (SINGAPORE] PTE LTD Co. Reg. No. *****1504K (In Monitor's Vol. Liquidation) Final Meeting NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act (Cap. 50) that the Final General Meeting of the Members of the abovenamed Company will be held at the Office of
      394 words
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon Mumbai s Sensex powers past 10,000 points for the first time
      605 18 Overseas demand for Indian stocks lifts index, which is up 6% this year Bloomberg [MUMBAI] Overseas demand for Indian stocks helped push the Sensitive index above 10,000 for the first time yesterday. "It's the money pouring in that's driving
      Bloomberg; Source: Bloomberg  -  605 words
    • Article
      Lock icon Bank of China vows to tighten internal controls
      344 18 Reuters. Bloomberg [BEIJING] Bank of China, planning an US$B billion share sale, said yesterday it had learned from its mistakes and would tighten internal controls, after former staff were charged in the United States with a scheme to defraud the bank of
      Reuters.; Bloomberg  -  344 words
    • Article
      Lock icon HK govt to introduce more guidelines for gaming firms
      334 18 Reform triggered by Cambodian casino operator [HONG KONG] Hong Kong Exchanges and Clearing is looking to introduce additional guidelines to vet listing applications from gaming companies because of concerns about money laundering, according to South China Morning Post sources. The move
      334 words
    • Article
      Lock icon Court hearing on govt sale of airport stakes set tor Feb 13
      206 18 SALE OF INDIAN AIRPORTS Bloomberg [NEW DELHI] An Indian court has set Feb 13 as the last date for hearings on a case filed by Reliance Airport Developers Pvt challenging the government's sale of stakes in the nation's
      Bloomberg  -  206 words
    • Article
      Lock icon China bank irregularities hit 767b yuan last year
      315 18 Reuters [BEIJING] China's banking watchdog said yesterday it unearthed irregularities involving 767.1 billion yuan (*****.2 billion) at mainland banks in 2005, underlining how far the country must go to clean up its troubled financial sector. The misused funds, a 31 per cent
      Reuters  -  315 words
    • Article
      Lock icon China Life to sell 10% stake to 3 investors
      282 18 Potential foreign investors said to include Temasek [HONG KONG] China Life Insurance, the mainland's largest insurer with half of the life coverage market, plans to sell a 10 per cent stake in the company .to three strategic investors two from overseas,
      282 words
    • Article, Illustration
      Lock icon Anil Ambani says Reliance terms not implemented
      649 18 Bloomberg [NEW DELHI] India's Anil Dhirubhai Ambani Group said Mukesh Ambani's Reliance Industries Ltd hasn't implemented the terms of a June 18 settlement on the separation of their businesses, extending a row between the two brothers. The Anil Ambani-led group said in an
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon SET index slides as political tensions rise
      689 19 Index hits lowest close in two weeks; Thaksin critic calls for another rally Bloomberg, Reuters, AP. AFP IB ANGKOK] Thailand's key stock index fell to its lowest close in more than two weeks on fears that political tensions will escalate after a critic
      Bloomberg,; Reuters,; AP.; AFP  -  689 words
    • Article
      Lock icon Murdoch to launch CNBC rival by year-end
      408 19 Reuters, AFP [NEW YORK] News Corp plans to launch a rival to business news channel CNBC by the end of the year, Newsweek magazine said. "We're in pretty intense discussions with the biggest cable companies, and making quite considerable progress," chairman Rupert Murdoch
      Reuters,; AFP  -  408 words
    • Article
      Lock icon Toshiba to pay US$5.4b for Westinghouse
      313 19 Bloomberg [LONDON] Toshiba Corp, Japan's largest maker of nuclear powerplant equipment, will pay US$5.4 billion to acquire Westinghouse Electric Co to expand in atomic energy. "Given the potential, we believe what we've paid is the correct price," Atsutoshi Nishida, Toshiba president, said yesterday. "There
      Bloomberg  -  313 words
    • Article, Illustration
      Lock icon French minister tones down hostility towards Mittal
      510 19 Reuters [PARIS/BRUSSELS] France's finance minister yesterday further watered down previous hostility towards Mittal Steel's unsolicited US$24 billion offer for Luxembourg-based Arcelor, which has big operations in France. The world's largest steel maker, Mittal is set to register documents with regulators for its offer
      Reuters; AP  -  510 words
    • Article
      Lock icon Oil surges as Iran resumes nuclear enrichment
      444 19 Hugo Chavez's anti-US comments add to uncertainty Reuters [LONDON] Oil prices surged on Monday after Iran resumed uranium enrichment, ended UN checks of its nuclear sites and sparked fears it might ultimately withhold exports in response to being hauled into the Security Council.
      Reuters  -  444 words
    • WORLD WATCH
      • Article
        Lock icon Samsung, Hynix raise memory chip prices
        80 19 Bloomberg [SEOUL] Korea's Samsung Electronics and its nearest rival Hynix Semiconductor have raised memory chip prices to their biggest customers this month amid a shortage. Samsung increased February contract prices of the most widely used type of computer memory chip because of the shortage,
        Bloomberg  -  80 words
      • Article
        Lock icon Japan, Thailand to sign FTA in spring
        72 19 AFP [TOKYO] Japan and Thailand are set to sign a free trade agreement this spring after hammering out final details on a deal that will benefit Japanese automakers and many Thai < farmers. Japanese Prime Minister Junichiro Koizumi and his Thai counterpart Thaksin
        AFP  -  72 words
      • Article
        Lock icon AIG near settlement with US regulators
        98 19 Reuters [CHICAGO] American International Group Inc (AIG), the US insurance giant, was said on Sunday to be close to reaching a huge settlement with US regulators to resolve accounting fraud allegations, the Wall Street Journal and the New York Times reported. The WSJ said
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      • Article
        Lock icon Hwang may have misspent govt funds
        91 19 AP [SEOUL] Hwang Woo Suk, the disgraced South Korean cloning scientist accused of faking his research results, may also have misspent government funds, South Korea's state auditor said yesterday. The Board of Audit and Inspection said it would refer its findings from a three-week
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    • Article
      Lock icon Portman-led group to invest in Incheon
      304 19 Bloomberg [SEOUL] US travel services company Portman Holdings will form a group to invest US$ll billion in South Korea's Incheon Free Economic Zone and build the world's second-tallest building, the South Korean government said. Incheon mayor An Sang Soo and Portman officials yesterday signed
      Bloomberg  -  304 words
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  • AVIATION
    • Article, Illustration
      Lock icon JAL axes additional routes as losses almost triple in Q3
      628 20 It posts net loss of 11b yen for Q3, up from a loss of 3.7b yen a year earlier AFP [TOKYO] Japan Airlines (JAL), Asia's largest carrier, said yesterday net losses almost tripled in the third quarter, forcing it to
      AFP  -  628 words
    • Article
      Lock icon Strong demand for A380s expected from China, India
      441 20 AFP [KUALA LUMPUR] Booming Asian economies led by China and India are expected to fuel demand for the world's largest commercial aircraft, the A3BO, an Airbus official said yesterday. "From the start of the (A 380) programme, the fastest growth rates for
      AFP  -  441 words
    • Article
      Lock icon Brisk CNY business for China airlines
      198 20 Bloomberg [BEIJING] Chinese airlines carried 2.96 million passengers during the week-long Chinese New Year holiday, a 15 per cent increase on 2005's figure, as economic growth drove up tourism in the world's most populous county. Air China Ltd, China Eastern Airlines Corp and other
      Bloomberg  -  198 words
    • LOG BOOK
      • Article
        Lock icon Nok Air plane makes emergency landing
        74 20 AFP [BANGKOK] Two people were injured when a Thai budget airline ran off the runway while making an emergency landing at Bangkok's international airport on Sunday, an airline official said. A Nok Air spokesman said the Boeing 737-400 bound for Phuket was forced to
        AFP  -  74 words
      • Article
        Lock icon Private jet overshoots runway at Luton
        78 20 Xinhua [LONDON] All arriving flights and many departures were suspended in Luton Airport near London on Sunday after a small business jet overshot the runway while landing. The private jet overshot the runway by about 4.6 metres and was struck in the mud. None
        Xinhua  -  78 words
      • Article
        Lock icon World Airways, pilots reach tentative deal
        66 20 Bloomberg [DALLAS] World Airways, which transports US troops and cargo and runs chartered passenger flights, said it reached a tentative agreement with its 430 pilots, ending a weeklong strike. The pilots are returning to work immediately and are expected to ratify the contract within
        Bloomberg  -  66 words
    • Article
      Lock icon Ryanair profit up a lower than expected 6% in 3rd quarter
      510 20 Reuters [DUBLIN] Ryanair posted a slightly weaker-than-expected 6 per cent rise in third-quarter net profit yesterday, and its finance chief sought to rein in expectations that the low-cost airline would beat its full-year goals. Profit after tax in the
      Reuters  -  510 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      580 20 on man rr» man «tb *****5 3| 1- we W W, Hi 11 mm mm seas n I S«r1 ■*H RM m W15 CwTw ***** OSU EK MI5M 1916 MI5U 0965 awwiA, CUM 0040 6M04 07*0 SMi ttlj Co,omb Iff H II TM77 1245 mil 6656
      580 words
  • Page 20 Miscellaneous
    • Miscellaneous
      Lock icon Page 20 Miscellaneous Column 1
      202 20 CRYPTIC CROSSWORD 2 Young bird settling comfor^ ably (8) self-government (4,4) YESTERDAY'S SOLUTION 3 Nasal hair Len, disheartened, 14 Ten past three (8) Across: 1 Song thrush, 9 Eric, 10 discarded (6) 15 Chaps curse vests and pants Librarians, 11 Salami, 12 Ballast, 15 4 Pressing fellow from Chalde- (8)
      202 words
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  • SHIPPING
    • Article, Illustration
      Lock icon Bid to refloat grounded APL Panama in Mexico continues
      670 21  -  Salvors focus on removing containers to tighten load By DONALD URQUHART [SINGAPORE] Efforts to refloat the APL Panama which ran aground on a sandy beach near the Mexican port of Ensenada a month and a half ago are continuing as salvors
      AP  -  670 words
    • Article
      Lock icon Mitsui OSK to raise stake in Utoc to 51 %
      198 21 Mitsui OSK to raise stake in Utoc to 51 Bloomberg [TOKYO] Mitsui OSK Lines Ltd, Japan's second-largest shipping company, said it will spend 2.5 billion yen (5534.3 million) to take a controlling stake in Utoc Corp, a Japanese company which handles harbour transportation. Mitsui OSK will pay 461 yen a
      Bloomberg  -  198 words
    • Article
      Lock icon Families of ferry victims set fires at operator's offices
      347 21 Bloomberq [CAIRO] Some 439 out of 1,415 passengers and crew survived the Feb 3 sinking of a ferry in the Red Sea, the vessel's operators said. Relatives of passengers yesterday attacked the company's offices and clashed with police as they protested
      Bloomberq  -  347 words
    • Article
      Lock icon Call for inert gas systems on all tankers
      475 21  -  By DONALD URQUHART (SINGAPORE] A joint industry group formed to study a spate of explosions on chemical tankers, including a Singapore-flagged vessel, identified human factors as the primary cause and recommended extending the use of inert gas systems to all chemical tankers.
      475 words
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      Lock icon TRANSPORT STOCKS
      284 21 SGX '000 Feb 6 S$ Vol CH Offshore 0.40 0.01 853 ChuanHup 0.40 -0.01 2658 Cosco Corporation 1.28 0.04 ***** CWT Distribution 0.93 0.03 161 Ezra Hldgs 1.95 -0.03 1679 Freight Links 0.06 unch 145 Grand Banks Yacht 0.90 -0.02 8 Java Holdings 1.29 -0.01 832 K1 Venture
      284 words
    • Article, Illustration
      Lock icon Shanghai port's Jan container volume hits record high
      314 21 Bloomberg [HONG KONG] Shanghai International (Port) Group Co, which operates China's busiest port, handled a record number of containers in January as rising trade increased shipments. Cargo volume last month was 1.63 million standard 20-foot boxes, an increase of 15 per cent
      Bloomberg; AP  -  314 words
    • Article
      Lock icon Aker Yards wins world's biggest cruise ship order
      417 21 Reuters [OSLO/HELSINKI] Shipbuilder Aker Yards has won the biggest ever commercial ship order, clinching a 900 million euro (551.77 billion) order from US-Nor-wegian Royal Caribbean Cruises for a huge new cruise ship. Norwegian Aker Yards said the "new giant of the cruise
      Reuters  -  417 words
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  • EDITORIAL & OPINION
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      Lock icon Opec's sensible status quo
      521 22 EDITORIAL OPEC's decision last week to keep pumping oil at its highest level in 25 years is a responsible and timely gesture. Prices are so high and demand so strong (forecasters expect it to grow by another two million barrels a day this year), that it
      521 words
    • Article, Illustration
      Lock icon China water: a bottleneck as well as an opportunity
      1282 22  -  Recycling can solve the severe water shortage in China—which threatens economic progress By TIGER TONG ON JAN 25, Li Deshui, the director of China Statistics Bureau, announced that according to preliminary statistics, China's 2005 GDP grew by 9.9 per cent, reaching
      AFP  -  1,282 words
    • Article, Illustration
      Lock icon Could this be ex-Fed chiefs advice to UK chancellor?
      807 22  -  THE BOTTOM LINE MATTHEW LYNN Bloomberg UK CHANCELLOR Gordon Brown has wasted no time in signing up former US Federal Reserve chairman Alan Greenspan as an economic adviser. There is little doubt the UK could use some advice right now: last
      Bloomberg  -  807 words
    • Article, Illustration
      Lock icon Independent director shortage?
      1888 23  -  By removing artificial barriers to entry, companies can tap into a wider pool of professionals, but mindset must change By MAK YUEN TEEN, TAN LYE HUAT THE local media and senior business and government leaders have frequently made reference to a shortage of qualified independent directors in
      YEN MENG JIIN  -  1,888 words
    • Article
      Lock icon Only a matter of time for Iran
      981 23  -  By DAVID E SANGER NYT HOURS after the United States and Europe prevailed in a contest over officially reporting Iran's history of clandestine nuclear activity to the UN Security Council, President Bush issued a statement on Saturday from his ranch, saying that the
      NYT  -  981 words
    • Article
      Lock icon Healthcare resources focus on the needy
      367 23  -  LETTER TO THE EDITOR Karen Tan (Ms) Director, Corporate Communications Ministry of Health IN HIS letter "Fix rich-poor health spending imbalance" (BT, Feb 2), Mr Leong Sze Hian used FY2003 and FY2004 statistics to conclude that the government is spending less on healthcare. But
      367 words
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      102 23 HAVE YOUR SAY Fax your letters to 6319-8277 or email them to btletterGsph.com.sg or write to: The Business Times,SPH HQ, 1000 Toa Payoh North, Podium Level 3, Singapore *****4. We need your full name, address and telephone number for verification. Please use temperate language, and bear in mind libel laws.
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  • Article
    Lock icon SINGAPORE STOCKS
    10744 24 SGX MAINBOARD Transaction date: Feb 6 LMt Vol Day Let Quote GrtNv On GrYM Net MCap low Codo Con-y Sato ("000) Hij» Low »yr Sdkr Cvr P/t Sm& 6.5 2 5716 1st Software 5c 2.5 unch 4983 2.5 2.5 2 2.5 10.1 20 6 3148 8TelecomUS2c 8 unch
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  • Article
    Lock icon FINANCE & COMMODITIES
    6139 25 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In local curr In SS In US$ *dy %yr%dy yr dy *yr Fe 3 ln<te« Change Change Change Change Change Change The World Index Preliminary 994.5 -0.1 2.6 -0.3 1.5 -0.5 32 t EAfE Prefcninary 1006.2 0.0 3.4 -0.6 30 -0.8 4 7
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      987 26 0| GROUP SOUTH ASIA PTE LTD ITS K LINE Fax:*****Bs6(Regionalsales)/*****109(0P5)/*****785(Documentation) TOKVO»#*KUKMSH*.ao (C/R NO: **********06) UK CONTINENT SERVICE U.S.A. SERVICE C ru.. Destination C BRAVE AIW/KTM/BMN/TIB/NAN HANjiNHBOMBAY JOHN f CAM/NFK/NOl/SAV Loads Singapore. E./W. Malaysia. Indonesia J Load. E./W. Malaysia. Indonesia J MIDDLE-EAST SERVICE F.E./S.E.A. SERVICES C Destination f Destination GO PRIDE
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      485 26 ItNTIKAtIA KOtO SCTViq vßsa/vor ramukt} «ghtq») pw wj 50 sm *1 SIVAUS VENTURE 03/04 IS 3.? 07/0? 10/02 STUITS QfttSS TIN 30 4.1 14/B nunsvtim)Ko4/Dt is 3? 10/03 13/03 Ituminm >oto ißWia ygsaAoT ItMromIHBGHTW)! to Ism I an std aa am mt sm IcTI COUIMIIA LEAOQI /oiT 30 4.5 IMO/D1
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      855 27 ir m WE CARRY, WE CARE. WAN HAI LINES LTD, having the most intensive tfttflv and complete service network for ocean carriage, J»u from Asia-Pacific to Mid-East, U.S West Coast, f^- K, >(/" J f Europe expanding continuously throughout every jJrfPQ: t spot in the world; providing the most efficient
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      1038 27 VESSa VOY SIN J£_ _HKG_ KHH IWC KYti PUS VESSFL VOY_ _W_ JKT SUB HKG USX PUS HYPROGRESS 108S 9/2 1)/? 16/2 18/2 20/2 22/2 22/2 IMABI MIS 12/2 IS/2 16/2 21/2 25/2 26/2 HY BRIDGE 107S 16/2 U/2 23/2 25/2 17/21 1/3 lj| KMTC SINGAPORE 602S 19/2 22/2 23/2
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      848 27 m aoas& WEEKLY EXPRESS SAILING SCHEDULE ICD POINTS I vissti vot sm Ipjoanc| Colombo IW. SHCVA I COLOMBO I ALSO ACCgTWC FQ TO COO6N. TUTKoitIW (VIA COLOMBO) AND HANOLA t GOa| (VU N SMVA) CONNKTMG MOTHQI VSLS TO HMOPt (F&aSTOWI ROTTERDAM! HAMIUBC) MB EAST COAST USA (MEW TOM. IWRTHFOUt t
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  • THE BUSINESS TIMES SHIPPING TIMES
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      Lock icon THE BUSINESS TIMES SHIPPING GUIDE EXPORT
      6348 28 This ETA ETA Advwtisw W*M*I T El SM Dtsfn Mm Hm* Numb* NumUr S T< To ABIDJAN (ABJ) 2003 Cote D'lvoire 25 16/02 15/03 Detnas URSULA DELMAS 612W *****344 10 16/02 21/03 China Shpg CMA CGM SEINE SX211W *****898 J( 18/02 21/03 China Shpg
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      449 28 MKVI VOY SIN PGU vissa VOY SM *1 ry 2301 0235P 06/02 00/02 P*C OMTAN <336 04/02 07/02 a« fiffl==ga==ifc ™==i=ii=ii= —g—s%—at =^=IF=# CSF 2301 0237P 11/02 12/02— p A HHTAN 9339 25/02 28/02 VtSStl VOY si WW PtC RANGKA i2is 09/02 11/82 VKSa VOY SIN PKU PACIAHGKA 5256 14/02
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      21 28 PLACE YOUR AD HERE The Business Times Shipping Times CALL MICHAEL CHNG AT 9362 9865 OR BERNARD ONG AT 9675 0002
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      457 28 VESSEL IVOY I PKI I SIN I KARACHI DXB BAB NHS PMM UK I KHOR IRAN K Oft DC STAN PCI 8120 13/02 14/02 23/02 26/02 27/02 05/02 08/02 11/02 IRAN SHAHRYAR PCI 8122 21/02 22/02 03/03 06/03 07/03 13/03 16/03 19/03 IRAN BAABAtI PCI 8123 01/03 02/03 11/03 I
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      330 28 BSA J, MYANMA HH FIVE STAR UNE (Myamor National Line) Losing for Ymgoß VESSEL VOT SIN PKL PIN PGO CHIN SMWt HAW 90 W SID PAGAN 349W SID IN MALAYSIA: IOUSTEAD SHIPPING AGENCIES KUL/PKU 03-*****3 M PIN: 04-*****1S ACCEPTING CONVENTIONAL C6O VESSEL VOY HKG SW PKL K(H IN ITU SDK
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      25 30 Sponsored by: Organised by: Supported by: Partners. THE Business TIMES H isssirssr*" -JBBL- —§I™,— [MAGE 080 30 ÜBS CwIMM Pufttk AccounuiiK I KCHAHOI 0 Sinppo<«
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  • PROPERTY
    • Article, Illustration
      Lock icon Chinese Estates in HK$1.6b Reit offering
      469 31 IPO might include properties in Tsim Sha Tsui f Causeway Bay and Wan Chai [HONG KONG] Chinese Estates, a mid-sized property developer controlled by Joseph Lau, plans to raise about HK$l.6 billion (***** million) from the sale of a real estate investment trust (Reit)
      FILE PHOTO  -  469 words
    • Article
      Lock icon ING fund buys HK office block for US$68m
      236 31 Reuters [HONG KONG] A Southeast Asia-fo-cused fund run by ING Real Estate said yesterday it had made its third purchase in Hong Kong, buying an office block from Raymond Industrial Ltd for US$6B million. The IP Property Fund said in a statement
      Reuters  -  236 words
    • Article
      Lock icon HK mortgages in negative equity up 20% in Q4
      182 31 Reuters [HONG KONG] The number of Hong Kong property owners who owe more on their home than it is worth rose more than 20 per cent in the last quarter of 2005, the Hong Kong Monetary Authority said yesterday, as interest
      Reuters  -  182 words
    • Article
      Lock icon UOL buys Akyab Rd site for $20.9m
      353 32  -  New COO says it will be on the lookout for further acquisitions By ARTHUR SIM UNITED Overseas Land is extending its buying spree into the new year with its latest acquisition of a residential redevelopment site in Akyab Road for $20.9 million. And
      353 words
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      Lock icon Bali resort on lease promises 8% returns
      470 32  -  By! SHOEB KAGDA in Jakarta AN INVESTMENT that promises 8 per cent return annually for five years may be too good to be true, but that is what Nusa Dua Golf Resort in Bali promises investors of its exclusive service apartments and private
      FILE PHOTO  -  470 words
    • Article
      Lock icon High Asian prices forcing investors to take risks
      514 32 Reuters [HONG KONG] Steep property prices in Asia's main cities are forcing institutional investors to look at risky development projects rather than straight acquisitions, LaSalle Investment Management said yesterday. Picking warehouse and retail development in Japan as its hot tip for the
      Reuters  -  514 words
    • Article
      Lock icon Engineers, architects boards get new members
      173 32 THE Professional Engineers Board (PEB) and the Board of Architects (BOA) have new members following the expiry of previous boards' terms on Dec 31,2005. Both boards have also been enlarged, with each comprising a maximum of 15 members. PEB is now headed by engineer
      173 words
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      180 31 For Sale by Tender Prime Commercial Development Site at Tampines Central 1 J Jh| Kunnsni /■"SJMRfflfl s 9"" fl But v <q Interchange vllßSßßh^iiimmm* DBS Tampines Centre Pavilion N V'li Prominent and visible frontage to Tampines MRT Station Tete P* rtl T«np!n« cw T «^>»ne» Sports Building B V s
      180 words
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      91 31 JILCUSHMAN& WAKEFIELD. Global R«al Estate Solutions FOR SALE-AND-LEASEBACK HI-TECH INDUSTRIAL DEVELOPMENT IN YISHUN Land Area Approx. 640,000 sq ft Floor Area: Approx. 760,000 sq ft Tenure HDB 30 years wef 1 Dec 1988 with option to renew a further 30 years Balance approx 43 years) Max Gross Plot Ratio 2.5
      91 words
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      Lock icon Page 31 Advertisements Column 3
      426 31 Site H 1 M 111 Wm I I I I H I I I I I Science Park University of K.ntßidQ. Site Area: 63,707 sq ft (approx) Plot Ratio: 1.4; up to 5 storeys Walking distance to Pasir Panjang MRT station H P ',7 /-p V\ Near amenities and reputable
      426 words
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      127 32 UNIQUE DEVELOPMENT SITE ALONG NAPIER ROAD FOR SALE BY TENDER i.< i v.:J Japanese orchard Prestigious address along y W %sr\\ Napier Road, off Tanglin °*Affairs j o^" 1 Loft V,lle Nasslm Palais Road Gardens Lodge ly i^fiLXl Renaissance Freehold Plot Ratio 1.6 v Hospftal 7 Sh aS n# Approximately
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      244 32 One George St. Premium fitted unit; Approx. 51 OOsf Beautiful views of Singapore River and Raffles Place 3-5 minutes walk to Raffles Place MRT^^EBfflSSSjj^^ One of Singapore's most prestigious buildings Greg Johnson 9695 4297 r Prime Industrial Site off Leng Kee Road Single-storey purpose built factory l Land Area Approx.
      244 words