The Business Times, 25 April 2006
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2006-04-25
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The Business Times
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Title Section16 2006-04-25 1 THE BUSINESS TIMES Tuesday April 25,2006 SIN(3*PORfSS cents MICA (P) 099/03/2006 online at http://business-times.asia 1 .com.sg16 words
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988 2006-04-25 1 CONRAD TAN - Deals hit $3.6b in first quarter, led by Temasek's $2b sale of SingTel shares By CONRAD TAN [SINGAPORE] Equity capital market activity in Singapore has surged to a 15-year high in the first quarter of 2006, boosted by several big deals and more988 words
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Article, Illustration716 2006-04-25 1 SIOW LI SEN - Sources say Pacific Shipping Trust expected to raise US$100m from IPO By SIOW LI SEN [SINGAPORE] The Teo family's privately owned Pacific International Lines (PIL) one of Asia's biggest shipowners is behind plans for Singapore's first business trust, sources say. The PacificFILE PHOTO - 716 words
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Page 1 Advertisements
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Advertisement6 2006-04-25 1 SME SPOTLIGHT Kaya toast in Tbkyo6 words
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Advertisement14 2006-04-25 1 AGM WATCH Should detailed minutes be published? PG6 mi sNsszisrsoocKK" Markets Digest, P9 214 words
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Advertisement156 2006-04-25 1 ENBLOCSALE ■ffet\ $400 m asking price forLuckyTower 'USB PGI3 ELECTION *06 Low Hiia Khiangto EVP: benchmark yourself Kl2 otticrs to i rec ver 4.- vulCain MANUFACTURE DEPUIS 1858 "Vulcain Cricket, the world's FIRST MECHANICAL ALARM-WATCH. Since 194-7" in Pink Gold IT RINGS ALWAYS AT THE RIGHT TIME IN THE RIGHT156 words
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TOP STORIES
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Article, Illustration635 2006-04-25 2 CONRAD RAJ - It alleges funds improperly paid or misused by ex-CEO and some on board By CONRAD RAJ [SINGAPORE! The National Kidney Foundation (NKF) is suing its former chief executive TT Durai and some members of its old board, including former chairman Richard Yong, in635 words
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Article138 2006-04-25 2 hsti M 2,***** (-10.95) ST INDEX FUTURES 2,59*40 (-11.00) SIMSCI 308.56 (-0.81) SIMSa FUTURES 307.00 (-1.50) MARKETS Monday Change KISE COMP 943.36 -4.83 NIKKEI 225 16,914.40 -489.56 HANG SENG 16,705.67 -206.48 SET INDEX 771.54 -1.52 JAKARTACOMP 1,442.86 -16.42 MANILA COMP 2,250.48 -12,49 SEOUL COMP 1,430.94 -20.37 SHENZHEN B138 words
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Article508 2006-04-25 2 Asian currencies soar after G-7's remarks THE US dollar slipped to fresh multi-year lows yesterday, after unusually specific currency-related criticism aimed at Asian countries by the G-7 at the weekend. It ended yesterday as much as half a per cent weaker at eight-year lows of 551.5890 and RM3.6485,508 words
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448 2006-04-25 2 LESLIE YEE - Industry players say access to CPF funds is important By LESLIE YEE [SINGAPORE] The CPF Board is looking at whether to allow members to invest in business trusts under the CPF Investment Scheme (CPF IS). CPF members can already invest up to 35448 words
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291 2006-04-25 2 R SIVANITHY - By R SIVANITHY [SINGAPORE] Deutsche Bank is launching its third Warrant Star trading game this week to boost interest in warrants and provide traders with a hands-on platform to sharpen their skills. "It's part of our ongoing commitment to promote investor education291 words
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Article, Illustration566 2006-04-25 4 LARRY WEE - S$ and ringgit hit 8-year highs, although Chinese yuan little moved By LARRY WEE [SINGAPORE] The US dollar slipped to fresh multi-year lows versus a host of Asian currencies yesterday, after unusually specific curren-cy-related criticism aimed at Asian countries by G-7 finance ministers and566 words
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Article, Illustration580 2006-04-25 4 PM says he'd rather do the right thing than be popular Bernama [KUALA LUMPURI Malaysian Prime Minister Abdullah Ahmad Badawi said his government's economic policy is not only about "tax and spend" while leaving behind a debt burden to the futureBernama - 580 words
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Advertisement138 2006-04-25 2 Our qualified professionals J can assist you with offshore j: structures, shelf companies and incorporations in ALL jurisdictions including: British Virgin Islands Cayman Islands Bahamas Mauritius Hongkong Samoa Full nominee, management, secretarial, banking and corporate administration services are available. We also specialize in offshore trusts for assets protection estate planning.138 words
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Advertisement11 2006-04-25 2 people Do (Register with us today) www.•hepeopleatwork.com Asia-Pacific xecutive iean h11 words
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Advertisement174 2006-04-25 3 I I I j ,_^_„J Mr "lIBHI^^^^I {<^&^i&s fl*' %±4"m ■M?»^' r i- r y** IS? '^'yTilQiPp^ j- i imagine a masterpiece that reflects your fine style. Now it can be yours. why should a work of art as brilliant as the new R7 be reserved only for an elite174 words
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Advertisement469 2006-04-25 4 Keppel Telecommunications Transportation Ltd Co Reg No: *****0115G (Incorporated in the Republic of Singapore) 1. UNAUDITED RESULTS FOR THE FIRST QUARTER ENDED 31 MARCH 2006 The Directors of Keppel Telecommunications Transportation Ltd advise the following unaudited results of the Group for the first quarter ended 31 March 2006. GROUP 1Q2006469 words
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Advertisement135 2006-04-25 4 NEW ZEALAND RELOCATION SEMINAR Immigration Policy Changes reflect record low unemployment Protea Pacific Ltd, a New Zealand based Immigration Consultancy, will be giving a seminar on Saturday 29 April at 11.00 a.m. at the Orchard Hotel, 442 Orchard Road. Seminar cost is SS2O per person/couple which includes a DVD about135 words
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Advertisement68 2006-04-25 5 Canon I Delighting You Always I Crossword 1. IT ~A~ hT ~0 I I Across I 2. Who makes it easy to find documents? I 3. Who provides software that automatically dates all document versions? I Down I 1. Who allows you to scan, archive and email from the same68 words
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COMPANY NEWS
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Article, Illustration610 2006-04-25 6 WONG WEI KONG - AGM WATCH It is a surprise that firms more often than not do not keep detailed minutes WONG WEI KONG Senior Correspondent WHENEVER there are meetings, there usually are minutes. Even social clubs keep records of their meetings for future reference and610 words
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229 2006-04-25 6 TV show will promote profession as 'exciting career' CHARTERED accountants in Singapore are looking to raise their profile in the coming years. Members of the Institute of Certified Public Accountants of Singapore (ICPAS) unveiled plans to do this, at the institute's annual229 words
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Article222 2006-04-25 6 Achieva A 240 MacPherson Road 2.30pm #02-03/04 Pines Industrial Building Singapore *****4 Armstrong Ind A The Conference Room 9.00am 531 Bukit Batok St 23 Singapore *****7 ASA Grp A The Ballroom II 2.00pm 6th Floor, South Tower Mertius Mandarin S'pore Hotel 333 Orchard Road Singapore *****7 Asia Env222 words
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Article, Illustration718 2006-04-25 8 UMA SHANKARI - HTL, Koda, Man Wah benefit as revenue from abroad grows By UMA SHANKARI SINGAPORE-MADE furniture is beginning to make its mark on the global stage, and three listed furniture players here HTL International, Koda and Man Wah have ridden the wave toFILE PHOTO - 718 words
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618 2006-04-25 8 LESLIE YEE - HOCK LOCK SIEW By LESLIE YEE BANKS have been complaining that the money-lending landscape in Singapore isn't a level playing field. This comes in the wake of the inroads that GE Money has been making with its ezyCash. This product offers unsecured618 words
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Article, Illustration723 2006-04-25 8 CONRAD RAJ - Net profit, before one-off items, seen rising 32% for Q1 By CONRAD RAJ HIGH oil prices may be the bane of many but for Keppel Corporation (KepCorp), the world largest oil rig builder, it is a boon and the reason why net723 words
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447 2006-04-25 8 WONG WEI KONG - RESULTS By WONG WEI KONG OSIM International Ltd, a maker of healthy lifestyle products, saw net profit fall 94 per cent in the first quarter of 2006 because of financing costs and lower revenue from recently acquired Brookstone Inc in the US. OSIM,447 words
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430 2006-04-25 8 MATTHEW PHAN - By MATTHEW PHAN PCA Technology yesterday reported an 11.8 per cent rise in full-year net profit to US$5.2l million, helped by higher turnover and a disposal gain. A contract manufacturer of electronic components used in handphones, computers and mUsic players, PCA saw its430 words
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305 2006-04-25 8 UMA SHANKARI - By UMA SHANKARI ORNAMENTAL fish breeder Qian Hu saw its net profit for the first quarter of 2006 climb 10.8 per cent once again thanks to its self-bred dragon fish. The company reported yesterday that net profit for the three months305 words
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383 2006-04-25 9 WONG WEI KONG - BRILLIANT HEARING Sum includes $160,000 fine for each of 3 insider trading offences By WONG WEI KONG BRILLIANT Manufacturing's former executive chairman and managing director Harry Koh Soe Khon was fined a total $593,000 and sentenced to one day in jail at the383 words
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449 2006-04-25 9 CONRAD TAN - ACCS TRIAL By CONRAD TAN FORMER Accord Customer Care Solutions (ACCS) chief executive Victor Tan took to the witness stand yesterday on the sixth day of a $3.75 million civil suit against him and three others linked to the company. Dressed449 words
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195 2006-04-25 9 FOLLOWING the sale of its 45 per cent stake in Raffles City, Raffles Holdings yesterday said it is planning a 'clean exit' for its shareholders. It said in a statement that the company "is exploring various options to provide shareholders with a clean195 words
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254 2006-04-25 9 AMIT ROY CHOUDHURY - By AMIT ROY CHOUDHURY PACIFIC Internet (PacNet) has signed a memorandum of understanding (MoU) with Intel Technology to conduct studies and market trials for a form of mobile wireless Internet access technology. Through the collaboration, PacNet and Intel will look to advance254 words
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Article, Illustration360 2006-04-25 11 ALEXANDRA HO - Proceeds to fund expansion, potential acquisitions By ALEXANDRA HO SPEED printing company Xpress Holdings is placing 98 million new shares, at 22 cents each, to raise about $21.5 million in net proceeds to fund its expansion and potential acquisitions. "The net proceedsFILE PHOTO - 360 words
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375 2006-04-25 11 ALEXANDRA HO - Part of fund to be used for purchase of equipment By ALEXANDRA HO TESTING services company Global Testing Corp has announced a proposed'share placement of 245 million shares, comprising 70 million vendor shares and 175 million new shares at 31.25 cents each, to375 words
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436 2006-04-25 11 MATTHEW PHAN - By MATTHEW PHAN FORMER Chinese stateowned chemical maker Jiutian Chemical Group has launched its IPO, offering shares at 29 cents each to raise $13.09 million in net proceeds for expansion. The initial public offering of 95 million shares comprises about 55436 words
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239 2006-04-25 11 KEPPEL Telecommuications Transport (KepT&T) yesterday announced flat first-quarter net profit of $9.78 million, with earnings per share unchanged at 1.8 cents. Group turnover dipped 3.3 per cent to $24.14 million, due to lower contribution from its logistics operations in Foshan port239 words
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Advertisement568 2006-04-25 6 J/BBFk sf£H CAMARDO SPA VILLA ITALIA SRL fm OLEIFICICOLAVITA <»-» PASTIFICIO COLAVITA IND.AL.CO. SPA C.da Pesco Farese 74 Zona Industrial Piana d'ischia Via Fontanavecchia, 258 jL C.da lontapede 11/12 ***** Ripalimosani (CB) Italy ***** Trivento (CB) Italy ■HHHBHH ***** Campo Basso (CB) Italy g60 25 Rjpalimosani (CB) Italy Tel: +39568 words
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Advertisement440 2006-04-25 7 Maybe it's time you took a closer look at your IT security. Protect precious data. Preserve peace-of-mind. palm. Hygienic and non-invasive, it's easy to use, highly If there's even the smallest gap in your IT security accurate and harder to forge than other systems. system, someone will find it. In440 words
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Advertisement375 2006-04-25 9 s ■sn ,^tf v :ii: iM *,:■'.>■ js"' -jS f "ft >jE V $J§ •»/i. i l I#" "*t c «f?* A' ;<#.'-'dgp f^ifiM'^^ lH^W': iS We are principally engaged in the manufacture j only significant DMF producer within 500 km from and production of methanol, DMF and our location375 words
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SINGAPORE MARKETS
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Article, Illustration498 2006-04-25 10 TEH HOOI LING - STOCKS Energy-sensitive and property stocks head south as market posts moderate loss TEH HOOI LING Senior Correspondent PROFIT-TAKING, ignited by high oil prices, caused Singapore shares to pull back from record peaks yesterday. The decline, however, was moderate. Energy-sensitive stocks like Singapore Airlines were amongSource: Bloomberg - 498 words
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Article, Illustration1039 2006-04-25 10 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS (Disclosures mad* on Apt 24 and eariier) Subsantial No of Price SHAREHOLDING Trans Shareholder/ Buy/ Shares Per Before After Stock Pate Director Sell '000 Shr TOM) C000) Manhattan Res 24-Apr-06 Tan Kwee Hiang *Sell 4200 na ***** 9.37 ***** 8.20 Manhattan Res 24-Apr-06 Chong1,039 words
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Article, Illustration867 2006-04-25 10 MATTHEW PHAN - Compiled by MATTHEW PHAN Chartered Semiconductor April 24 dm: 551.73 ÜBS RESEARCH. April 21 Chartered reported Q1 results: Sales came in at US$355 million, down 3.2 per cent quarter-on-quar-ter, in line with our estimates. Gross margin reached 26.0 per cent, higher than our estimate of 21.7 per cent.Source: Bloomberg - 867 words
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Article, Illustration427 2006-04-25 10 CURRENCIES AFP [TOKYO] The dollar was sharply lower against the yen in Asian trade yesterday after G-7 finance chiefs urged China to make its currency more flexible to help redress global economic imbalances, dealers said. The dollar dropped to 115.65 yen in Tokyo afternoonAFP; REUTERS FILE PHOTO - 427 words
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Advertisement92 2006-04-25 11 citigroupj Thinking for Generations private bank Our clients sleep better at Asiamoney's Private Banking Customers Poll 2005 BEST PRIVATE BANK f (over US$ 20 million) "The Citigroup Private Bank" is a business of Citibank N.A. or Citigroup Inc., which provides its clients access to a broad array of products and92 words
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GENERAL ELECTION 2006
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Article, Illustration670 2006-04-25 12 DANIEL BUENAS - Low Thia Khiang raises possibility of live TV debates By DANIEL BUENAS WORKER'S Party (WP) sec-retary-general Low Thia Khiang yesterday challenged the People's Action Party party to benchmark itself against governments in other developed countries. Introducing WP's latest parliamentary candidates to the media, Mr LowPhoto: Joyce Fang, ST - 670 words
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359 2006-04-25 12 OH BOON PING - By OH BOON PING COMMUNITY Development, Youth and Sports Minister Vivian Balakrishnan said yesterday he is glad that other opposition parties are not following the Singapore Democratic Party (SDP) on the NKF issue. Speaking to reporters after a dinner hosted by the359 words
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Article5579 2006-04-25 12 UNIT TRUSTS FUNDS ACMGI Amer Income B USO 8.54/ ACMGI Amei Income A El* 6.91/ ACMGI Ame! Income 8 El* 4.91/ ASM Amro Asset Mgt (Spore) ACMGI Europ Income Opp AT SGD 14.97/ Star Ei*ope Eqty' 0 95V ACMGI Eirop Income Opp BT SGD 14.97/ Star Eisope Bond 1. 48/5,579 words
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Advertisement20 2006-04-25 12 S PIMCO Emerging Markets Bond Fund rated 4 Allianz by Mercer investment Consultinq. Global investors J company regti. no *****7169Z20 words
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SINGAPORE NEWS
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615 2006-04-25 13 ANNA TEO - But as a proportion of total workforce, retrenchment rate is lowest in 12 years By ANNA TEO WHILE total retrenchments remained at around precrisis levels last year, the number of people laid off due to relocation of operations overseas rose to a615 words
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Article, Illustration315 2006-04-25 13 ARTHUR SIM - By ARTHUR SIM AT $400 million, Lucky Tower will be the largest amount ever paid for a collective sale site. This is the asking price that owners of the 91-unit condominium want for their 25-year-old building. Located on Grange Road, the large 169,188 sq315 words
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SINGAPORE ROUNDUP
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72 2006-04-25 13 SPRING Singapore and the Restaurant Association of Singapore have launched a Food Safety Programme for the food beverage trade, with the support of the National Environment Agency. The programme is based on the worldrecognised Hazard Analysis and Critical Control Point standards. The standards will72 words
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Article77 2006-04-25 13 POLYTECHNIC students can look forward to the start of courses related to Intellectual Property (IP) with the signing of a Memorandum of Understanding yesterday between the Intellectual Property Office of Singapore (Ipos), IP Academy, and all five polytechnics in Singapore. The signing marks the start77 words
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36 2006-04-25 13 THE National University of Singapore and the acclaimed Indian Institute of Management, Calcutta, have signed an MOU to formalise student and faculty exchanges and collaborative initiatives in research and teaching.36 words
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384 2006-04-25 13 CHEN HUIFEN - By CHEN HUIFEN ONE of Japan's biggest and oldest research institutes for science and technology has set up a liaison office in Singapore to seek greater collaboration with researchers here. Riken, short for Rikagaku Kenkyuusho (Institute of Physical and Chemical Research), yesterday384 words
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Article, Illustration372 2006-04-25 13 GRACE CHONG - By GRACE CHONG TO CHERISH the legacy of the late president Wee Kim Wee, a group of community leaders has come together to establish the Wee Kim Wee Legacy Fund. The fund aims to raise $25 million, which will benefit future studentsFILE PHOTO - 372 words
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Article161 2006-04-25 13 THE consumer price index (CPI) rose by 1.2 per cent last month compared to March last year, according to figures released yesterday by the Department of Statistics. The rise was smaller than the median forecast of a 1.5 per cent rise in a Bloomberg survey161 words
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Advertisement331 2006-04-25 13 DOUBLE THE MILES FOR dKk DOUBLE JBBMS the smiles Singapore-Japan Tourism Exchange Year 2006 It's double the joy flying ANA this spring! That's because we're rewarding all our valued customers with DOUBLE MILES! Earn double miles in all classes when you fly ANA from Singapore to Japan or from Bangkok331 words
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SMEspotlight
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Article, Illustration986 2006-04-25 14 SIM PING KHUAN - Green-Tech Egg Industries has come up with new products to make life easier for consumers, reports SIM PING KHUAN SIM PING KHUAN HAVING trouble peeling hard-boiled eggs? Green-Tech Egg Industries thinks it has the answer. Green-Tech intends to be the first company in Singapore to produce ready-to-eat hard-boiledYEN MENG JIIN - 986 words
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247 2006-04-25 14 ASIA-PACIFIC businesses are the most upbeat in the world about the 2006 economy, according to a recent HSBC survey conducted with 4,000 businesses in the region as well as in Europe and the Americas. This is largest survey ever undertaken by the bank on247 words
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Article344 2006-04-25 15 TEH HOOI LING - By TEH HOOI LING INVESTORS who bought into Inter-Roller this time last week will already have gained in two ways. Not only did the share price go up by 4 per cent in the last five trading sessions, Inter-Roller also distributed a dividend of five cents a share344 words
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Article, Illustration961 2006-04-25 15 MATTHEW PHAN - Ya Kun's kaya toast will mingle with the likes of fillet mignon in Tokyo, reports MATTHEW PHAN MATTHEW PHAN IN November 1997, Ya Kun Kaya Toast, then a little coffee stall near Lau Pa Sat, was evicted with 143 other hawkers from the Telok Ayer961 words
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Article, Illustration673 2006-04-25 15 UMA SHANKARI - SMALL CAPS It also aims to grow its event management business By UMA SHANKARI CITYNEON Holdings, a Singapore-based international exhibition and event management company, has been in the Middle East for more than 10 years, and is doing well for itself in the region.673 words
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Advertisement121 2006-04-25 14 Experience Matters. Not Age. pV Senior Principal Occupational Therapist -1 Jeyamany Rutt Jac 7b, 30 j^aHgTji Senior Occupational Tie# P. '-ja Mi I H'lflr The advantage is yours Sing Health gains the advantage by tapping on the experience and knowledge of older workers, who continue to contribute with passion and121 words
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Advertisement8 2006-04-25 15 Mm lIK J! nl I ...J mm ivjrvwg;- ~-^^|'>8 words
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ECONOMY WATCH
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Article, Illustration706 2006-04-25 16 Oil execs say level of increases is not sustainable, prices need moderation Bloomberg [BEIJING] Record prices for crude oil, which has traded above US$75 a barrel, will reduce demand and hurt economies dependent on the fuel, said executives from oil companies including Chevron Corp, theBloomberg; BLOOMBERG - 706 words
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571 2006-04-25 16 Bloomberg [WASHINGTON] The International Monetary Fund's policy-making committee endorsed a proposal to broaden the fund's role in mediating economic disputes between nations a move that may impinge on responsibilities now held by the Group of Seven nations. The IMF's Monetary and FinancialBloomberg - 571 words
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458 2006-04-25 16 Bloomberg [HONG KONG] The Malaysian ringgit may rise this week on speculation the central bank will increase interest rates for only the third time in almost a decade amid accelerating inflation, a Bloomberg News survey shows. Among 13 investors, strategists and traders surveyed fromBloomberg - 458 words
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Advertisement10 2006-04-25 16 -V 7 sSl\ IPMorgan Corporate e J3Twit^ j jtf L>g-^r\iyL,10 words
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MALAYSIA/INDONESIA
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Article, Illustration677 2006-04-25 17 S JAYASANKARAN - Matter shows PM's commitment to overhaul privatisation policy By S JAYASANKARAN in Kuala Lumpur MALAYSIA'S Ministry of Energy, Water and Telecommunications has directed Tenaga Nasional, the country's premier power producer, to meet with independent power producers (IPPs) to renegotiate electricity purchase agreements seenBLOOMBERG - 677 words
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716 2006-04-25 17 Govt paints scenarios for different options Bernama [KUALA LUMPUR] Wisma Putra said the government's decision to scrap the bridge project to replace the Johor Causeway is the best option given the strong public sentiment on the issue. Its Ambassa-dor-At-Large Ahmad Fuzi AbdulBernama - 716 words
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Article2371 2006-04-25 17 WOl General Corp .0.66 0.01 494 Apr 24 KM COOP) Genting 24J0 -095 405 George Kent .0.53 -0.03 45 A M Realty 1.37 0.01 3 GHl Systems .0.28 -0.01 9439 Abric .036 unch 24 Globetronics Tech 0.33 0.01 1376 ACP Industries 1.07 unch 547 GlomacBhd! 1.33 0.02 1042,371 words
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414 2006-04-25 17 Reuters [JAKARTA] Indonesia will seek more supplies of crude oil from Saudi Arabia and liquefied natural gas (LNG) from Qatar during President Susilo Bambang Yudhoyono's first official visit to the Middle East this week, a Pertamina official said yesterday. Mr YudhoyonoReuters - 414 words
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BRIEFLY ASIA
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44 2006-04-25 17 Bloomberg [MUMBAI] India's Finance Minister P Chidambaram has assured banks there will be adequate funds to meet their demand for loans, said A K Purwar, chairman of the nation's biggest commercial lender, the State Bank of India.Bloomberg - 44 words
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78 2006-04-25 17 Bloomberg [HONG KONG] China's banking assets in March grew 19.2 per cent from a year ago to 39.19 trillion yuan (Ss7.B trillion), the nation's banking regulator said. Assets at China's four biggest state-owned banks Bank of China Ltd, Industrial Commercial Bank of China,Bloomberg - 78 words
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35 2006-04-25 17 Reuters [JAKARTA] A diversified Indonesian company, PT Wijaya Karya, plans to sell 35 per cent of the firm in an initial public offering in mid-2006, a newspaper reported yesterday.Reuters - 35 words
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78 2006-04-25 17 Reuters [TAIPEI] BenQ Corp, Taiwan's top maker of mobile phones and computer gear, swung to a loss in the first quarter as the firm faced restructuring pains after it took over Siemens mobile phone unit. The company posted a net loss of NT54.99Reuters - 78 words
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58 2006-04-25 17 Bloomberg (SHANGHAI] Haier Electronics Group Co, the Hong Kong-listed unit of China's largest maker of home appliances, will sell its handset unit for HK$42O million (SsB6 million) to the parent company. The purchase aims to turn the Hong Kong-listed company into a flagshipBloomberg - 58 words
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248 2006-04-25 17 Bloomberg [JAKARTA] PT Astra Agro Lestari, Indonesia's biggest publicly traded agriculture company, said first-quarter profit rose 10 per cent, helped by higher palm oil prices. Net income rose to 182.2 billion rupiah (5532.8 million), or 115.7 rupiah a share,Bloomberg - 248 words
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GREATER CHINA
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Article, Illustration549 2006-04-25 18 It's expected to overtake Germany, France, Spain to become 3rd largest Bloomberg [BEIJING] China's travel industry will probably grow 23 per cent this year to become the world's thirdlargest, overtaking Germany, France and Spain, the World Travel Tourism Council said. The travel industry ofBloomberg; REUTERS - 549 words
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346 2006-04-25 18 Beijing keeps tight grip on currency in spot market Reuters [SHANGHAI! China launched a market in currency swaps yesterday, the latest move towards creating a full range of derivative products that Beijing says is a precondition of a more flexible regime for theReuters - 346 words
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300 2006-04-25 18 Reuters [BEIJING] A vice-mayor of Shanghai defended the Chinese commercial hub's treatment of thousands of people who are being forced from their homes to make way for the 2010 World Expo, saying they are paid appropriate compensation. The moving of the 18,000 householdsReuters - 300 words
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360 2006-04-25 18 AFP [BEIJING] The amount of unsold real estate in China rose 23.8 per cent in the first quarter of 2006 as investment and prices in the booming sector continued to climb, state press said yesterday. The area of unsold propertyAFP - 360 words
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Article, Illustration582 2006-04-25 19 Strong demand for gadgets fuels chip sales at world's top 2 chip makers Reuters [TAIPEI] TSMC and UMC, the world's top two contract chip makers, are set to post solid quarterly profits this week, underpinning a steady recovery helped by robust demand forReuters; BLOOMBERG - 582 words
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440 2006-04-25 19 New rules will prevent companies from misleading investors: report [HONG KONG] The Securities and Futures Commission (SFC) has tightened the application procedures for real estate investment trusts (Reit) to prevent market manipulation, the South China Morning Post (SCMP) reported yesterday. A source close440 words
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Advertisement2036 2006-04-25 18 NOTICES Toll free: Email: sph.com.sg IN THE MATTER OF DEBIS CAPITAL SERVICES SINGAPORE PTE LTD (IN MEMBER'S VOLUNTARY LIQUIDATION) COMPANY REGISTRATION NO. *****0004 D NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50, that a Final General Meeting of the members of the abovementionecl Company2,036 words
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Advertisement401 2006-04-25 18 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF AUGREEN ADVERTISING PTE LTD CO. REO. NO. *****4323R IVoiunlofy At oh m#fitb#cs of 100 obovtnomd Compony dukf J 1 L-IJ 1 f l*i iii convonoa ana r>#ia or i Kim Mng rr omontpp* #05-02 Groat Wortd401 words
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Advertisement231 2006-04-25 19 Diners Club Card To WmcJ/6416 0980 A World of Exclusive Privileges o v> 5 'ipstfl H 21 Si illIBfclIJiiJrf«¥BIIlfc?B J^i |||||g|H fe L/ON ..J®, SEW HQ 277 Orchard Road Support 235&54 ■•V'V SPll A-ky ft ykykyv.y^ywyfcr A y^yky*yky'*^ky^r^ l,fl s Wine Dine Celebrates Secretary's Week (24/4 28/4) h *i 3-Course231 words
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INDIA
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520 2006-04-25 20 With expanded scope, they created 42% of new posts in Jan and Feb Bloomberg [MUMBAI] Computer software and processing services created more new jobs this year than any other industry in India, which has harnessed its low-cost educated labour to build aBloomberg - 520 words
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Article, Illustration429 2006-04-25 20 [HANOVER, Germany] An influential member of the Nuclear Suppliers Group (NSG) on Sunday indicated its support to the Indo-US civil nuclear deal, according to a report in the online edition of the Hindustan Times. "We will be following discussions (on the deal)AFP - 429 words
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669 2006-04-25 20 AFP [BEIJING] Home to onethird of the world's population, China and India are essential factors in the interplay of forces that have driven global oil prices to their current highs. The two Asian giants seem on a path of rapid economic growth thatAFP - 669 words
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Article, Illustration744 2006-04-25 20 PRIYANKA BHARDWAJ - By PRIYANKA BHARDWAJ in New Delhi IT IS that time of the year again, the summer months from April to July, when the cola wars, led by PepsiCo and Coca-Cola, begin to simmer. The two cola giants roll out the biggest categoriesREUTERS; FILE PHOTOS - 744 words
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Advertisement26 2006-04-25 20 Lianhe Zaobao I Bread Talk I I enters I I West China I I with its first outlet I I in Chongqing J IH Mil I26 words
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ASIA-PACIFIC/WORLD
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Article, Illustration564 2006-04-25 21 CLARENCE MICHAEL - Dubai entity's move is latest in series of purchases by industry players By CLARENCE MICHAEL in Dubai AMIDST intense speculation about a possible bid for Euronext NV, the Dubai International Financial Centre (DIFC) announced that it has increased its stakeAP - 564 words
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682 2006-04-25 21 13 seats are still empty as May 1 dealine nears By OUR CORRESPONDENT in Bangkok THAILAND'S ruling Thai Rak Thai party may not be able to form a government, as a second round of elections has left 13 seats vacant and the May 1682 words
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WORLD WATCH
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161 2006-04-25 21 Bloomberg [LONDON] Lafarge SA the world's biggest cement maker raised an offer to buy out its North American unit to US$3.5 billion and the unit's management recommended shareholders accept the sweetened offer. Under an amended offer for Lafarge North AmericaBloomberg - 161 words
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129 2006-04-25 21 AP [BERLIN] US investment group Blackstone will buy 4.5 per cent of Deutsche Telekom AG, Europe's biggest phone company, for 2.68 billion (SS$5.3 billion) euros from a government-owned bank, the parties said yesterday. Blackstone has agreed to buy 191.7 million shares inAP - 129 words
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151 2006-04-25 21 Bloomberg [EDINBURGH] BT Group pic, the UK's biggest phone company, has an agreement with the government to guarantee as much as £12 billion (Ss34 billion) of its pension obligations, according to estimates from RBC Capital Markets. The guarantee would cover onlyBloomberg - 151 words
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115 2006-04-25 21 Bloomberg [DOHA] Qatar may build a US$l billion oil refinery in Lebanon, using its record oil and gas earnings to invest in an overseas plant for the first time. State-run Qatar Petroleum International agreed Sunday to study building the refinery, which mayBloomberg - 115 words
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528 2006-04-25 21 Bloomberg [MADRID] Abertis Infraestructuras SA Spain's largest highway operator agreed to buy Italy's Autostrade SpA for 12 billion euros (Ss24 billion) to form the world's biggest owner of toll roads. Autostrade shares rose as much a 9.9 per cent Abertis offered one shareBloomberg - 528 words
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Article, Illustration339 2006-04-25 21 AP [SEOUL] Hyundai Motor Co chairman Chung Mong Koo yesterday appeared for questioning by prosecutors about a slush fund scandal engulfing South Korea's largest carmaker. A stern-looking Mr Chung, wearing a pinstriped suit and walking slowly, arrived at the Supreme Prosecutors' OfficeAP - 339 words
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484 2006-04-25 21 AP [LUXEMBOURG] Microsoft Corp began a challenge yesterday before the EU's second highest court of the European Commission's (EC) landmark antitrust ruling against it, arguing that the future of innovation in the technology industry was at stake. In its opening statement, Microsoft lawyer JeanFrancois BellisAP - 484 words
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AVIATION
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Article, Illustration676 2006-04-25 22 VEN SREENIVASAN - NEWS ANALYSIS Latest spikes could put pressure on fares, hurting weaker carriers By VEN SREENIVASAN [SINGAPORE] Could the current upsurge in fuel prices jolt global airlines and extend their lossmaking streak, just when they seemed to be headed towards clearer skies afterAFP - 676 words
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LOG BOOK
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83 2006-04-25 22 Bloomberg [BERUN] Deutsche Lufthansa AG, Europe's second-largest airline, is preparing travel agency Thomas Cook for a possible share sale and isn't negotiating with partner KarstadtQuelle AG to dispose of the business. "There are no talks with KarstadtQuelle regarding a sale of Thomas Cook," MichaelBloomberg - 83 words
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85 2006-04-25 22 Bloomberg [TOKYO] Skymark Airlines Co, ordered last week by Japan's government to improve its maintenance, said it will hire more people to ensure it abides by safety standards and revise the manuals for its upkeep. Japan's largest low-fare carrier will add 29Bloomberg - 85 words
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88 2006-04-25 22 Bernama [MELBOURNE] Business people are being targeted in a crackdown on the amount of baggage carried on to planes. The Civil Aviation Safety Authority (Casa) is encouraging airlines to use their legal authority to limit the weight and size of baggage taken into cabins, theBernama - 88 words
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246 2006-04-25 22 Aeroports de Paris is second biggest operator in Europe Reuters [PARIS] Aeroports de Paris (ADP), the company that runs the French capital's airports, said yesterday it could raise up to 600 million euros (Ssl.lB billion) by issuing new shares in an initial public offering.Reuters - 246 words
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255 2006-04-25 22 Bloomberg [NEW DELHI] Kingfisher Airlines Ltd. an Indian carrier owned by the nation's biggest brewer, placed a US$l.l billion order with Airbus SAS for five long-range planes to fly to the US, said the aircraft maker. Kingfisher ordered five Airbus A 340-500 planes, withBloomberg - 255 words
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136 2006-04-25 22 Bloomberg [SEOUL] Asiana Airlines Inc, South Korea's secondlargest air carrier, increased net income by 29 per cent in the first quarter, helped by a stronger won. Net income rose to 41.3 billion won (5569.8 million), compared with 32 billion won a yearBloomberg - 136 words
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Article2179 2006-04-25 22 OR rutin (TA FUCMT IT* NZ43S5 0735 EK405 0210 S0493 0735 EM33 0325 LH9771 1750 AW088 2215 fjgj Jg* 2 g* £3 a "S£ ill s HI BA73S1 1850 LH9770 2345 J** 32 OT1 1>y> AC99S1 51 LH6765 1350 rfwiTT AT£Q? LH9762 0635 *****8 1350 2152,179 words
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Page 22 Advertisements
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Advertisement130 2006-04-25 22 BT/ZUJI Deals of the Week I' I IMmmb» BUSINESS (from S) ECONOMY (from HOTEL (from S) Sydney $1,999 $548 $68 Gulf Air Qantas OBIHffIOMS BUSINESS CLASS (bom S) ECONOMY CLASS (fom S) HOTEL from S) MATHER Dubai $2,350 Gulf Air $785 Gulf Air $154 Sunny m~ aasoMA, ««<*» sin Paris130 words
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Page 22 Miscellaneous
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Miscellaneous266 2006-04-25 22 CRYPTIC CROSSWORD side using sword (4) HH HI 26 Oriental goddess first pro- __Hfl IH HI JH pßß__ duced streams 'of light in the 28 I I I I I sky (7) J Defame a large number during suspension of hostilities (7) 28 It's left when one's all washed I266 words
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SHIPPING
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Article, Illustration694 2006-04-25 23 DONALD URQUHART - Sale of stake in port unit to PSA also boosts other port companies' shares By DONALD URQUHART [SINGAPORE] Investors signalled support for the sale of a 20 per cent stake in Hutchison Whampoa's port unit to PSA International with theAFP - 694 words
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Article427 2006-04-25 23 Kuehne Nagel Q1 profit up 46% It is planning more purchases this year to expand in Europe Bloomberg [ZURICH] Kuehne Nagel International AG, the world's biggest sea-freight company, said first-quarter profit jumped 46 per cent as demand rose and new services helped it gain market share. The shares rose toBloomberg - 427 words
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516 2006-04-25 23 Reuters [BANGKOK] Precious Shipping, Thailand's largest shipping firm, said yesterday that the next two years would be challenging as rising supply put pressure on freight rates despite demand from steady growth in global trade. However, growing demand from China. India and Middle East, should helpReuters - 516 words
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205 2006-04-25 23 AL LABITA - By AL LABITA in Manila SOUTH Korea's Hanjin Heavy Industries and Construction (HHIC) is going full steam ahead to build what would be the Philippines' biggest shipyard, officials said. It signalled a vigorous start with the hiring of 6,000 workers as it begins construction205 words
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Article, Illustration416 2006-04-25 23 AFP [KUALA LUMPUR] Close military cooperation between Malaysia, Singapore and Indonesia has dealt a major blow to pirates operating in the Malacca Strait, regional defence officials said yesterday. Malaysian armed forces chief Mohamad Anwar Mohamad Nor said that the situation had improved substantially since the launchAFP; AP - 416 words
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Article292 2006-04-25 23 S6X '000 Apr 24 SS W- Vol CH Offshore 0.40 -0.01 401 Chuan Hup 0.35 unch 1192 Cosco Corporation 1.37 0.02 ***** CWT Distribution 130 -002 124 Ezra Hldgs 1.73 -0 09 539 Freight Links 0.08 -0.01 3885 Grand Banks Yacht 0.86 -0.02 5 Jaya Holdings 1.33 0292 words
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313 2006-04-25 23 Bloomberg [SINGAPORE] The cost of shipping gasoline, naphtha and other petroleum products in Asia rose the most in at least Ave years last week because of demand from Japan. The rate to ship a 75,000 tonne oil-product cargo from the PersianBloomberg - 313 words
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121 2006-04-25 23 Reuters [SINGAPORE] Berthing operations at Australia's Port of Darwin have been suspended due to the approach of tropical cyclone Monica, a port officer said late yesterday. However, port authorities have yet to decide if port operations will be suspended, the officer said. "At theReuters - 121 words
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EDITORIAL & OPINION
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Article470 2006-04-25 24 EDITORIAL ASEAN has come a long way in the last four decades but it still has a long way to go. At an Asean meet in Bali last week, there was a broad consensus that Asean members must deepen and accelerate their integration to stay470 words
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Article, Illustration1188 2006-04-25 24 TIGER TONG - As the focus turns to industrial manufacturing, the region looks set to recapture past glory By TIGER TONG IN THE past 20 years, China's coastal areas have been in the economic limelight, especially the Yangtze River Delta, Pearl River Delta and Jingjin Area asREUTERS; Source: China Statistics Bureau - 1,188 words
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Article, Illustration760 2006-04-25 24 SHADA ISLAM - THE BOTTOM LINE SHADA ISLAM Brussels Correspondent IT could turn out to be little more than polite words. But European Union policymakers struggling to build stronger relations with Muslim countries have set themselves a new task: hammering out guidelines which would760 words
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Article, Illustration1407 2006-04-25 25 ANDREW E KRAMER, STEVEN LEE MYERS - Gazprom is just one example of the blurring lines between economic and political interests By ANDREW E KRAMER, STEVEN LEE MYERS NYT HERE in the Caucasus, above Sochi, Russia's only subtropical city, an elite ski resort is rising beside the Layura River. The resort,NYT; REUTERS - 1,407 words
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421 2006-04-25 25 Denis Distant Singapore - LETTERS TO THE EDITOR Denis Distant Singapore I REFER to the report, "Isetan won't sell either building or business" (BT, April 22). As one of the crowd of shareholders who were at Isetan's AGM last Friday, I object to chairman Toshiaki Nakagawa's comment: "The421 words
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Article192 2006-04-25 25 G N Setty Australia - G N Setty Australia IT has been nearly ten years since the SGX changed its trading time. Maybe it is now time for a review. It has been my observation that there is hardly any trading of significance till Hong Kong opens at 10am. Most192 words
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731 2006-04-25 25 PAUL KRUGMAN - By PAUL KRUGMAN NYT FORENSICS are in. If you turn on the TV during prime time, you're likely to find yourself watching people sorting through clues from a crime scene, trying to figure out what really happened. That's more or less what's goingNYT - 731 words
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Page 25 Advertisements
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Advertisement102 2006-04-25 25 HAVE YOUR SAY Fax your letters to 6319-8277 or email them to bttottfOsphxomig 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.102 words
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Article11255 2006-04-25 26 SGX MAINBOARD Transaction date: Apr 24 S24* Tat Last Vol Day LwtQuote GrOJv Mv GrYVJ Nat MCap Wjti Law Coda Company Salt W- fOOO) Wgh Low lnyr Mhf Cvr HI Sml 5 1 5716 1st Software 5c 2.5 -0.5 220 3 2.5 2.5 3 10.1 17 6 314811,255 words
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Article6113 2006-04-25 27 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES la local carr In Si la USS dy yr dy yr %dy Syr Apr 21 Index Change Change Change Change Change Change World Index Preliminary 1041 7 0.4 7.4 0.6 4.8 0.6 9.1 t EAFE Preliminary 1066 9 0.6 9.6 0.9 8.6 0.96,113 words
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Page 28 Advertisements
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Advertisement1247 2006-04-25 28 NYK GROUP SOUTH ASIA PTE LTD \r■ Krmnr v th_:6295 0123 XV aJLIINI WWra M 3 Mm. LINE Fax: 6292 2856 (Regional sa»es) 6239 7109 (OPSV 6299 5785 (Documentabon) V NIPPON YUSEN KAISHA TOKTO OMNI KASHA. UO. (C/R NO: **********0E) UK CONTINENT SERVICE 11.5.A SERVICE Destination Destination NASSAU PARADISE RDM/ATW/BMN/TLB/NAN1,247 words
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Advertisement579 2006-04-25 28 vOOv WALLENIUS WILHELMSEN LOGISTICS website: http://www.2wglobal.com vissa voy urn hbght sm lk mo sav »ai ore' IDAS AMIS 420 km 6.4 M 25/04 20/05 29/05 02/0* 05/06 05/0* TAMER LAN! AMU 320fai 6.4 M 06/05 31/05 09/06 13/06 17/06 15/06 TAMO AHIS 4201 mb 6.4 M 16/05 10/06 19/06 23/06579 words
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Advertisement1140 2006-04-25 29 WAN HAI INTERNATIONAL PTE LTD OMft 144WJ0000/I \AM\WAN HAI LINES -V wmrmm iihi# nainM)miiiiiwi:(Diincm»wiii:»«)nmioßmwp»ww X JOHUL (07) 25HTOHUL (07)251 mi 9K1K031) JWS47S FAIL (031)0*2714/JWIJOS WWW.Wankai.COm.Sg KTIH:(O2I>S2S4I«SHULK»I)S2S47WnMIH:7I43M/714)tl HUbTHSN MIL Ml) 4157M3 MJL(MI)4ISMB/4142W* WEEKLY EXPRESS SERVICE TO AND FROM IPMJMRM/Mi® CALLING SINGAPORE EVERY THURSDAY CALLING PALEMBANG EVERY SUNDAY RICKMERS-LINIE Round-tho-Worid Pearl String1,140 words
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Advertisement193 2006-04-25 29 P. T. DJAKARTA LLOYD (PERSERO) If© AUSTRALIA FULL CONTAINER SERVICE As Agents Starship Agencies (MAL) Pte Lid Operator Code: DJ Ck NO. **********0H vsl Ivor sw I PKG I m IMK I STP Ima I «IH KAMAKURA 025S 30/04 02/05 04/05 14/05 16/05 19/05 ANL EMIIIM QMS 07/05 W/05 19/05193 words
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Advertisement2083 2006-04-25 29 YPSa VOY SIN JKT mf fUS VESSEL VOY snT jkt sub hkg usn pus HAMJIN POHAWG 0303€ 21/4 30/4 4/5 10/5 KMTC KEELUN6 60SS 10/T 3/5 4/5 9/5 13/5 14/5 HAMJIN SEOUL 0302E 5/5 7/5 13/5 17/5 KMTC PUSAN 404S 7/5 10/5 11/5 14/5 20/5 "fl/T VESSEL VOY SIN NSA2,083 words
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THE BUSINESS TIMES SHIPPING TIMES
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5456 2006-04-25 30 This ETA ETA Advertfeer V«ul Voyage Telephone iTA ETA A*nrtfa«r VomI Voyage Telephone SM Dest'n Nana Name Number Number SIN DefTn Name Name Number Mmber 11/06 19/06 PTDiakarta ANl ESPRIT 026S *****203 To ABIDJAN (ABJ) 2003 Cote D'lvoire 02/05 05/06 China Shpg CMACGM FORCE5,456 words
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Advertisement206 2006-04-25 30 pE =gg=—ll—a- =^==ig==fl= WUHM I 1711H I H/M I ii/M n wtmi I mi mn I H)H -aft I!: f» mo ss —fik —ssh— |fll M j jj-g_ m. ?k srJ a, ia,, igwfijR CT iW ujwkui m >04 n/oi muOmgm toT afi jj/B jt/j g/H q w 8E 02/05206 words
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Advertisement303 2006-04-25 30 I VESSEL VOY PKI I SIN I KARACHI DXB BAB NHS DMA* UK KHOR KAN KORDESTAN PCI >130 26/04 27/04 06/09 09/05 10/05 16/05 19/05 22/05 MAN SHAHRYAR PCI 5134 04/05 05/05 14/05 17/05 IS/05 24/05 27/05 30/05 WAN BAABAII PCL «136 12/05 13/05 22/05 25/051 26/05 01/06 04/06 07/06303 words
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Advertisement109 2006-04-25 30 BSA J, o MYANMA nHM five star une (Mywnor National Line) Loading for Yugoi VESSEL VOY SIN PKL PEN PGU am SHWf HAW 90W SLO PAGAN 349W $U> IN MALAYSIA: IOUSTEAD SHIPPING AGENCIES KUL/PKL 03-*****3 M PEN: 04-*****15 ACCEPTING CONVENTIONAL CGO VESSE VOY HKG SIN PKL OOANUQUBI 147 SID SU>109 words
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PROPERTY
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340 2006-04-25 31 Reit buying bulk of Citibank Plaza for HK$18.7b; yield in 4.8%-5.5% range Bloomberg [HONG KONGI Champion Reit, which is selling shares in Hong Kong's Citibank Plaza, plans to offer a yield of as much as 5.5 per cent in itsBloomberg - 340 words
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299 2006-04-25 31 Reuters (LONDON] The introduction of UK and German tax-effi-cient real estate investment trust (Reit) regimes could mean more than US$lOO billion in additional market capital over the next five years alone, and is likely to result in increased capital market activityReuters - 299 words
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546 2006-04-25 32 KALPANA RASHIWALA - The plot is expected to fetch $6m or $36 psf of potential gross floor area By KALPANA RASHIWALA THE Urban Redevelopment Authority (URA) yesterday released an industrial site at Woodlands Industrial Park. The 167,034 sq ft confirmed list site is being sold on a 60-year546 words
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Article, Illustration370 2006-04-25 32 PROPERTY developers continue to chalk up sales of private homes. Peak Development, part of Wee Cho Yaw's privately held Kheng Leong groujl, did a preview at the weekend for a 24-sto-rey freehold apartment project, The Chuan. BT understands it has sold about 30370 words
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288 2006-04-25 32 ALEXANDRA HO - By ALEXANDRA HO SINGAPORE'S biggest industrial landlord, JTC Corporation, continues to report strong demand growth in the net allocation of Prepared Industrial Land and other segments for the first quarter of this year. Thanks to strong growth in demand, the net allocation of288 words
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Page 31 Advertisements
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Advertisement359 2006-04-25 31 BALMORAL ROAD DEVELOPMENT SITE "»o> i- j 9-37 Balmoral Crescent Balmoral View Site area approximately W 51,080 sq ft Plot Ratio 1.6 A/ Height control up to 12 storeys "Vj 'TggpX.• Excellent locality v\ Walking distance to Newton MRT 1/ Close proximity to Orchard Road and other amenities Contact: CB359 words
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Advertisement248 2006-04-25 31 Land 152,250 sf Rectangular I 999-yr LH, GPR 1.4, 5 storeys Within Ikm t0 Nanyang Primary and Raffles Girls Primary I Quiet, overlooking landed estate «kMH Potential for 100 x 2,000 sf apts 100% owners'consent SEE? Closing on 8 May '06 (Mon), 3.00pm HOB Hub Toa Payoh chu (tfy) mht248 words
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Page 32 Advertisements
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Advertisement229 2006-04-25 32 We are hosting an exclusive Investors' Cocktail Reception on Thursday, 18th May at The Grand Hyatt Hotel from 6.30pm You will learn where the property hot spots are right now and how to attract the best tenants. There will also be a presentation on tax matters for non-UK resident landlords229 words
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Advertisement331 2006-04-25 32 FURAMATOWER Freehold Site at Leonie Hill Road |"1 I Site area 33,821 sq ft (approx) [ORCHARD SOMERSETJ rr oEH ORCHARD RD El I Plot Ratio :28:UP to 36 store y s |z| SSF| I Close proximity to Orchard Shopping Belt O CITY 1 g orchard boulevard Walking distance to Orchard331 words
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