The Business Times, 7 August 2006

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Total Pages: 30
1 30 The Business Times
  • 16 1 THE BUSINESS TIMES JD SINGAPORE 85 cents online at http://business-times.asial.com.sg MICA (P) 099/03/2006 Monday, August 7,2006
    16 words
  • 706 1  -  Good demand from expats, but rents still have some way to go before reaching highs of 2000 By UMA SHANKARI [SINGAPORE] Residential rents in Singapore have rebounded by double-digit figures since the market bottomed out two years ago, but they still have some way to
    Souurce:CB Richard Elis  -  706 words
  • 136 1 MARKETS Weak Chge STI 2462.92 +33.48 KLSE COMP 937.99 ..+3.27 NIKKEI 225 *****.18....+156.31 HANG SENG *****.80 -67.24 SET INDEX. 703.28 +11.85 JAKARTA COMP ...1389.35 +51.94 MANILA COMP ....2362.60 +33.03 TAIPEI TAIEX 6442.61 -37.46 SEOUL COMP 1304.51 +7.44 SHENZHENS 281.43 +4.49 AUSTALLORD 4926.10 -6.60 DOW JONES *****.35 +20.65 NASDAQ
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  • 657 1  -  Incentive payments go up to 5 digits for successful referrals By LESLIE YEE [SINGAPORE] Faced with a tight labour market, banks are rewarding employees with cash payments of up to five-digit sums for successfully recommending new hires. The lfttfiSt to introduce
    657 words
  • Page 1 Advertisements
    • 53 1 I «Jm9B* jk f vsU 1$P?» 8 BhlT Kl m Residential fixed-line usage down PAGE 27 Demystifying Score's broadband arms race PAGE 28 BTONUNE BT print subscribers get free access to the Business Times Online. To activate your account log on to http^/business-times. asial .com.sg. For more information, e-mail btocs@sph.com.sg
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    • 128 1 CICMMMHBNnMJRIY Portable numbers: Churning on the pressure PAGE 4 HHHIHHRHHIH UHW C EACT ivnft#ft#LC cms I H''%a Global banks flock to Dubai financial district Hg^S^^Kj^HH ENTREPRENEURS Can entrepreneurs be created? What needs to be done to encourage entrepreneurship in Singapore? CEOs share their views MGESB&9 Wr >«* -!^'jL" I Achieving
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  • TOP STORIES
    • 466 2  -  Japan is ranked second, UK third and Singapore fourth By DANIEL BUENAS [SINGAPORE] Singapore firms may feel that China has the most productive workforce and the best R&D environment, but the US is seen as the country with the most
      466 words
    • 541 2  -  US$1.09b Oil Gas City aims to attract up to 300 industry service providers By CLARENCE MICHAEL in Dubai THE emirate of Abu Dhabi in the UAE has announced a US$l.O9 billion Oil Gas City a tax-free zone for the energy industry which
      AFP  -  541 words
    • 469 2 Abu Dhabi plans tax-free zone for energy industry THE emirate of Abu Dhabi in the UAE has announced a US$l.O9 billion Oil Gas City a tax-free zone for the energy industry—which will be ready by the end of next year. It will attract offshore companies specialising in industry-specific
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    • 634 3  -  Survey indicates that economic upswing may have peaked at Q1 By DANIEL BUENAS [SINGAPORE] Singapore's current economic upswing may have reached its peak, with more firms here reporting a slowdown in orders and profits in the second quarter of this year, according to the
      Source: BT-GBI Business Climate Survey  -  634 words
    • 303 3 [SINGAPORE] Not quite Charlie and the Chocolate Factory, but 15 children nonetheless were invited to a drawing workshop at the Arts House yesterday. Aged eight to 16, they come from the Singapore Children's Society. Their teacher for the day, artist Parvathi Nayar, placed various
      ARTHUR LEE  -  303 words
  • Page 2 Advertisements
    • 163 2 LOBSTER MANIA?^ From 15 July to 15 August, our team of Chefs at The Dining Room will present you an array of delightful ways to enjoy lobster, the premier crustacean. Take your pick from the appetizer of Lobster Salad with Salmon Roe and Mary Rose Sauce, to the main courses
      163 words
    • 568 2 Waiillhe best price? Hold an auction. Can 1800 289 8822 or email notiees@sph.eom.sg to book your auction notice in our newspapers now. [•>AT£]^l f MK Sciex Science advancing health MDS Sciex Is a global leader In the research, design and production of analytical Instruments and technology eohithms In the health
      568 words
    • 382 2 people Do -know (Register with us today) www thepoopif.ilv.cirk c>m Asia Pacific Executive Search BB IN THE MATTER OF THE COMPANIES ACT (CAP. 50) AND IN THE MATTER OF FIVE STAR MANAGEMENT PTE LTD (Company Registration No. *****5179 M) NOTICE OF CREDITORS' MEETING PURSUANT TO SECTION 296 OF THE COMPANIES
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  • Page 3 Advertisements
    • 98 3 SHlFT.brilliance PR F^AflF J Tan ChAfta Motor S»IM Ptt Ltd Showroom*: Authorised Daalore: AutoMoga Trading Pta Ud 300 Tampinaa Ave 5. #01-01, NTUC Income Tamptne. T«n Cnong Motor salM Rl W 91 Timah Rd T «l: 6466 7711 *7*% T i,??n m?*?,^7n°*i^nf J *T* 2a |TfInCHOOC. www.tcil.com.sg Toa Payoh: 17
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  • SINGAPORE MARKETS
    • 698 4  -  STOCKS TEH HOOI LING Senior Correspondent INVESTORS trying to take the lead from the US on where the market is going this week will be at a loss. In the final trading day of last week, good news and bad news
      698 words
    • 886 4 Payment E« looks Pay Payment Ex Books Pay bid—*•» i«S- IcM tote dote date AscendasREIT lOBitt 3.09 21-Jul 26 Jul 24 Aug MTQCorp F I SO 31 Jul 03-Aug IS Aug Ascon Residence Trust dd 1.71 28 Jul 02-Aug 28-Aug Multi-Chem I 0J4TE 15-Aug 18-Aug 31-AU9 Asia Tiger
      886 words
    • 495 4 CURRENCIES AFP [HONG KONG] Asian currencies ended last week mostly higher against the dollar, amid growing expectations of an end to the cycle of US interest rate hikes. Traders speculated that the US Federal Reserve would bring a pause to its
      AFP  -  495 words
    • 297 4 COMMODITIES AFP [LONDON] Oil and metal prices posted strong gains last week as traders tracked tensions from the Middle East to Chile, while coffep futures reached their highest peak for more than six years in London on supply concerns. On Friday, the Commodities Research Bureau's index
      AFP  -  297 words
    • 1751 4 Source: Reuters Consensus No.of Forecast Mean Frfs Consensus No.of Forecast Mm Frfs recommendation esti- EPS PE target price recommendation esti- EPS PE target price Company name This wk Last mth mates (cents) (ratio) price Company name IWswh Last mth mates (cents) (ratio) price Advanced Holdings 1.00 1.00 2
      Source: Reuters  -  1,751 words
    • 1270 6  -  TEH HOOI LING Senior Correspondent SOLID earnings by companies which released their results in the past two weeks, coupled with heightened expectations that the US Federal Reserve is finally ready to end its interest rate hike cycle, provided the catalysts for stocks to move
      1,270 words
    • 999 6  -  INSIDE MARKETS By ROBERT HALILI TRADING activity by directors and substantial shareholders was flat for the week of July 31 to Aug 4 with only 29 trades worth 559.4 million, against the previous week's 29 transactions worth Ss3l million. Buyers outweighed sellers with 14
      DATACRAFT  -  999 words

  • COMPANY NEWS
    • 582 5  -  BT exclusive Group of 6 shareholders calling for EGM to vote on removal By MICHELLE QUAH DISGRUNTLED shareholders of human resource technology company integra2ooo Ltd are moving to oust its directors including its chairman and chief executive, Kwok Kah Kie on the grounds that they're
      582 words
    • 215 5 CAPITALAND has confirmed that it sold a 44.6 per cent stake in Intercontinental Hotel to Pacific Coast Assets, as it was a "definitive" offer. BT reported the sale last Wednesday, identifying the ultimate owner of Pacific Coast as Thai Beverage tycoon Charoen Sirivadhanabhakdi, one
      215 words
    • 84 5 As of yesterday, 121 SGX-listed companies had released their financial results for the six months ended June 2006. They recorded a combined S$7 f 570.5m in group profits* up 28.1 over the same period last year. The breakdown is as follows No with profits 115 No with losses
      84 words
    • 502 5  -  By ROLAND LIM HOCK LOCK SIEW THE Infocomm Development Authority of Singapore (IDA) announced last week its longawaited decision to mandate true handphone number portability but users will have to wait until some time towards the end of next year to enjoy
      502 words
    • 437 7  -  UOB KayHian calls for defensive stand but stays positive on most sectors By MATTHEW PHAN UOB KayHian has poured cold water on market optimism, saying that while the STI continued to regain ground in July, adding about 0.4 per cent to 2,445, the rebound
      437 words
    • 241 7  -  From CLARENCE MICHAEL in Dubai SINGAPORE'S Pearl Energy Ltd, a subsidiary of Abu Dhabi-based Aabar Petroleum Investments Company PJSC, is among three companies which have been jointly awarded the petroleum contract for Block 06/94 in Vietnam. "The new block will add
      241 words
    • 461 7 Reuters SEMBCORP Industries is expected to post a 17 per cent rise in quarterly profit as high energy prices fuel its offshore oil-rig building business. SembCorp's core utilities business, which accounted for 44 per cent of its revenue last year, also is likely
      Reuters  -  461 words
  • Page 5 Advertisements
    • 184 5 to be 11 1111 Best Global by Euromoney the BBBPS B B B8 BtJTftJ BBFSJ B VSw iTJJ jy by Asiamoney 1 We thank our clients peers once our topmW9 further our unwavering commitment to pursuing 1 188 m Irl B m >11 m B LwJ B your financial success.
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  • Page 7 Advertisements
    • 16 7 At ll fl J^V HFX H tny(■ WM JF" W J^B' iHHE Love Always Mon -^Fri
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    • 59 7 Over 80 International destinations. Offer includes two nights at the Ritz-Cartton for First Class and one night at the Jumerah Emirates Towers for Business Class. Vabd till 31st August 2006. Terms and conditions apply. For more details contact Emirates on 6735 3535 or visit 600 North Bridge Road, Parkview Square,
      59 words

  • VIEWS FROM THE TOP
    • 3747 8 THIS WEEK'S TOPIC Can entrepreneurs be created? What needs to be done to encourage entrepreneurship in Singapore? ENTREPRENEURS can be creative but only if the environment allows them to be so. That means we need fewer rules, a more forgiving society, and pro-enterprise civil servants. Government
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  • Page 8 Advertisements
    • 138 8 BTCEOsc-Oub Members of the BT CEOs e-Ckib are Singapore's top corporate leaders whom BT editors would like to interact with in an atmosphere of informality and trust This 'club'is a virtual with interaction mainly via e-mail. Each week, we will invite comments from these top executives on various economic and
      138 words

  • Page 9 Advertisements
    • 302 9 This will encourage out-of-the-box environment can be created to help intellectual curiosity, tne thinking which is vital in entrepreneurs who have the right MwMi Mm freedom to explore and entrepreneurs. Assistance should make-up succeed. CMk innovate and has been be eakly available for aspiring The government over the years BntHo
      302 words

  • SINGAPORE NEWS
    • 234 10 AFP INDONESIA'S President Susilo Bambang Yudhoyono yesterday said his government was working hard to improve his country's business climate as he sought to drum up more investment from Singapore. He said his "task and obligation" was to build a better climate for doing business in
      AFP; REUTERS  -  234 words
    • 509 10  -  By GENEVIEVE CUA INSURANCE companies looking to expand in the health market should structure their plans into a distinct line of business, rather than just one among an array of life or general insurance products. This is because the liabilities arising from health insurance differ
      509 words
    • 349 10  -  Plan puts together features found separately in other policies By LESLIE YEE OCBC Bank has unveiled a one-of-a-kind insurance plan that promises comprehensive health protection for customers. The bank's Max Health Vantage will include hospital and surgical benefits, critical illness protection and disability income or
      349 words
    • 101 10 DATEA TIME EVENT VENUE 5 Aug- National Museum of National Museum of 10 Sep Singapore Stylo Mylo Singapore, 93 10.00am A Selection of Men's Stamford Road Fashion in Singapore 10 Aug HRSingapore Handling Hotel Phoenix 9.00am Grievances, Discipline Termination 10-13 Aug World Cyber Games Asian Suntec Singapore, 10.00am
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  • Page 10 Advertisements

  • DINING OUT
    • Article, Illustration
      1077 11 NEWT RESTAURANT The Bluwaters 7 Purvis Street Tel: 6338-3345 The Bluwaters, an Aussie-style seafood restaurant in Purvis streetr arrives at a time when the contemporary culinary scene is up to its gills in new eateries, all hoping to have a lasting impact on an increasingly discerning and
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  • Page 11 Advertisements
    • 317 11 J| H Hb; ;p/^-^.^3t< 9 Jjj'-'. Kt jk^I ft. v Jm Mi We take learning beyond books. At PS6 Academy's School of Business, you are encouraged to apply fresh and original thinking in solving problems. Our partnerships with renowned universities provide you with more than just qualifications, they also equip
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • 962 12  -  MELISSA LOH and CRYSTAL NEO take a look at what investment seminars are, what to expect from them and what to look out for when deciding on one to attend MELISSA LOH, CRYSTAL NEO AT some point or another, those of us who are interested in
      962 words
    • 858 12  -  CAMPUS LIFE Przyit Prakash is relishing the task of organising next year's Graduate Business Conference which is making its first foray into Asia since its birth in 1983, writes MELISSA LOH MELISSA LOH THE challenge may dissuade the less tenacious but Prajit Prakash is revelling
      858 words
  • Page 12 Advertisements
    • 319 12 I-Cube Corner I-CUBE is a unique collaboration by the investment clubs from the three universities, namely the National University of Singapore (NUS), Nanyang Technological University (NTU) and the Singapore Management University (SMU). I-Cube is conducting its Financial Treasure Hunt 2006, its keystone event which will kick-start a Jine-up of investment
      319 words

  • ECONOMY WATCH
    • 433 13 AFP [SYDNEY] Australian Prime Minister John Howard has announced he will fight for a fifth term in office, but as the country's economic feel-good factor begins to wane, some believe it's an election too far for the longserving leader. Mr Howard,
      AFP  -  433 words
    • 403 13 Markets jolted out of complacency after last week's rate hikes Reuters [FRANKFURT] Don't underestimate the steely determination of central banks to wrestle down inflation. It's easy to list reasons why the world's central bankers should go easy on tightening credit right now. The
      Reuters  -  403 words
    • 325 13 They cite weak Q2 GDP growth and employment AFP [WASHINGTON] The Federal Reserve has been driving up US borrowing costs ever since June 2004. That could be about to change, economists believe after compelling evidence that the US economy is hitting the brakes.
      AFP  -  325 words
    • 310 13 Reuters [WASHINGTON] The US Budget deficit is likely to fall to US$26O billion this year, largely due to continued stronger-than-expected revenue growth, the Congressional Budget Office said on Friday. The lower forecast followed a May CBO deficit estimate of about US$3OO billion
      Reuters  -  310 words
  • Page 13 Advertisements
    • 96 13 The Duke Executive MBA develops leaders and accelerates careers in two innovative and flexible delivery formats that accommodate a full-time work schedule. Live and learn from anywhere in the world. The Duke MBA Global Executive The Duke MBA Cross Continent Recognized worldwide: Ranked No. 4 U.S. News I World Report,
      96 words
    • 171 13 t t (AM it U tU res tfi h*jxrvt, hfrortwevvts j-rerKv is n Ul? '"jVu.v Seas cr»v? jp M.-rcdvfc.'? i t v*sJl i^cr M. refwehd'eir? Four Seasons Hotel Single occupancy from Bbd ft Bibadast Package includes a Superior Room /■> AND ONE BUFFET BREAKFAST IN ONE-NINETY RESTAURANT. 1 C/ Weekend
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  • MALAYSIA
    • 550 14  -  MALAYSIA INSIGHT It's the same old story in KL a lack of diligent enforcement and a neglect of the fine print in international dealings S JAYASANKARAN KL Correspondent MALAYSIA'S Ministry of Transport has introduced a scheme to reduce accidents after a passenger bus crashed
      550 words
    • 577 14 AFP [KUALA LUMPUR] High oil prices will not put Asia's largest budget carrier Air sia off new routes to Indonesia, China and India as it looks to fly 15 million passengers by the end of 2007, its chief executive Tony Fernandes said.
      AFP  -  577 words
  • Page 14 Advertisements
    • 933 14 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF ABIC INTERNATIONAL PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) (COMPANY REGISTRATION NO. *****3913 C) NOTICE OF MEMBERSVOLUNTARY LIQUIDATION Notice is hereby given that at an Extraordinary General Meeting of Members of the abovenamed company held on 31
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    • 730 14 NOTICES Toll free: 1800-289-8822 Email: notices"sph.com.sg I LOST SHARE STOCK CERTIFICATES) Notice is hereby given that the following share stock certificates have been reported lost:SMGAPORE LAND UMTED (Incorporated In Singapore) Name CyPfiq*eNg Numfryrtthyw KhooSer Cheng, Madam *****9 200 METRO HOLDINGS UMTED (Intorp oiled in Singapore) Name Certificate No Number of
      730 words
    • 767 14 Tanjonq Kling Road"' Singapore *****4 23 August 2006 at 11.00 a.m. for the purpose of considering and, if thought fit, passing the following resolution, with or without amendment: That: (a) Pursuant to Chapter 9of the SGX-ST Listing Manual, approval be and is hereby given for the acquisition by the Company
      767 words

  • INDIA
    • 617 15 It will limit cross-holdings, hit cable TV market consolidation Reuters [MUMBAI] Indian media firms face proposed changes to broadcasting rules that could limit cross-holdings and crimp consolidation in the world's third-largest cable TV market. The bill, likely to be delayed as broadcasters lobby
      Reuters  -  617 words
    • 251 15 Bloomberg [AMSTERDAM] Chinese and Indian demand for crude oil and other commodities may continue apace, bolstering high prices even as the countries take steps to ease economic expansion, Merrill Lynch said in a report. .China's economy surged 11.3 per cent in the second quarter and
      Bloomberg  -  251 words
    • 296 15  -  By SIDDHARTH SRIVASTAVA in New Delhi INDIA is the most sought after destination for knowledge process outsourcing an industry that will, according to estimates, generate 250,000 jobs in five years, says a study by independent research company Asset Management in collaboration with
      296 words
  • Page 15 Advertisements
    • 6 15 Tuckshop with Marilyn Lee 10am 2pm
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    • 73 15 Passions stirred &*yf\ zitfluj jj&j'L senses soared Temptations unleashed H Satisfaction mh IkIP a^Cr^^°W fl>\ ilp* My durable House m?* 1 i Exquisite Dim Sum, rS|''j^HP Lunch Dinner nyjkjpjy lasting Menus Reservations: 6423 1881 Wm^M flip MY -HUMBLE +tOUSE Cuisine: Contemporary Chinese World Gourmet Summit 2Ni Eu Yan Sang Asian
      73 words
    • 432 15 WCHEW Full'Ktry fj* aiooA/ofart "A classic delicacy since 1960'5: Singapore Wok-Stirred Fried Rice. A Grain of Rice, but it is a Start. (the crown of the red white patriotic) It has progressed from being just a culinary tradition to a Singapore National Dish. Now in the city of Beijing loved
      432 words

  • GREATER CHINA
    • 533 16  -  Run Run confirms talks being held but issues of ownership loom after PCCW By JANE MOIR in Hong Kong JUST weeks after Hong Kong's largest telecoms operator became the focus of a political storm over foreign ownership, attention has shifted to the fate of
      533 words
    • 537 16 AFP [HONG KONGI Hong Kong legislators passed a controversial surveillance law yesterday after a protest walkout by opposition lawmakers who said it undermined civic freedoms. The bill will allow authorities to monitor private communications with telephone wire taps, email scans and other covert techniques, and
      AFP  -  537 words
    • 254 16 Reuters (BEIJING] China is planning both incentives and harsher penalties to push companies and local governments to meet energy saving goals that Beijing fears may not be achieved amid strong economic growth, state media said yesterday. The revised regulations would strengthen enforcement and supervision, said state
      Reuters  -  254 words
    • 693 16 Bloomberg [HONG KONGI Managers at Bank of China Ltd, the country's second-largest lender, spent a decade pulling off the biggest bank heist in Chinese history. The men at a branch in southern China embezzled US$4B5 million before using false
      Bloomberg  -  693 words
  • Page 16 Advertisements
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      358 words
    • 74 16 Szechuan food never fails to titillate tastebuds with its blend of spices and chillies to make any bland dish taste oh so good! Have a hearty fiery ala carte buffet of favourites such as steamed "Pa-Tirtg" fish with spicy preserved vegetables, stewed "Dong Po Rou", sauteed prawns with sweet and
      74 words

  • FOCUS: MIDEAST
    • 858 17  -  Morgan Stanley, Merrill Lynch, Credit Suisse and Deutsche Bank have set up offices there with more big names expected to follow, writes JIM KRANE JIM KRANE AP ANOTHER land rush is under way in Dubai. International banks are clamouring for a toehold in the
      AP  -  858 words
    • 866 17  -  Gulf investors benefit from Asia's growth and as its firms emerge on the world stage By SAID ABDULLAH AFTER a break of some 700 years, the Silk Road is re-opening. They may not be trading silk and spices these days, but all the same,
      866 words
  • Page 17 Advertisements
    • 29 17 riT^n Lianhe Zaobao I working with I I Sichuan firm I Iclevelopl I its food I I processing I I business I 1 iDßJiiaflftft I 1 I «MRfF**UXlk I
      29 words
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      161 words

  • WORLD
    • 898 18  -  WALL STREET INSIGHT Market awaits Fed rates decision and statement on US economy tomorrow By ANDREW MARKS in New York US equity investors will start off this week with two very large and crucial questions: will last Friday's weak labour market report be
      898 words
    • 397 18 AFP [LONDON] The head of new steel giant Arcelor Mittal will be Roland Junck, an Arcelor director who was named chief executive by the group late last week. Mr Junck, who was the third-in-command at Arcelor, is to hold the top position
      AFP  -  397 words
    • 527 18 Says it will expand uranium enrichment Reuters. AP [TEHERAN] Iran does not want to cut oil exports in a dispute over its atomic work but it may have to do so if it feels badly treated by the international
      Reuters.; AP  -  527 words
    • 3079 18 > Transaction date: Aug 4 For a full listing of the closing prices, log on to BT Online at http://business-times.asial.com.sg after 11.30pm every trading day HONG KONG Vo l Datang Intnl Power Gene ...4.90 unch 4945 HKS '000 Denway Motors 2.57 -0.04 ***** Digital China .2.52 -0.03 1079
      3,079 words

  • AVIATION
    • 899 19  -  COMMENTARY By DORON LEVIN Bloomberg About the worst name you could call a big US airline used to be "legacy carrier", a term that fits an old-line transport industry marked by serial mismanagement, bloated wages and low worker productivity. UAL Corp's
      Bloomberg; AP  -  899 words
    • 2124 19 CITY FLIGHT ETA RJ6MT ITO SQ143 1535 SO146 1640 GA840 1640 6AB41 1755 Abu Dhabi SQ455 1135 ***** SQ14$ 1900 Adelaide LH9771 1750 LH9770 2345 Dfc-U JSSf mm SQ230 1750 SQ229 2345 Jg? taattrdM LO4031 0630 AZ3993 2255 9891 S0323 0630 KL838 2255 NZ4355 0735 EK349
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    • 320 19 Bloomberg [LONDON] Easy Jet pic, Europe's second-biggest lowcost airline, said it may start a franchise with partners in the Middle East to introduce the "Easy" brand on a regional carrier. The carrier has been approached by Jeddah, Saudi Arabia-based National Air Services, an operator
      Bloomberg  -  320 words
    • 827 19 NYT [NEW YORK] As travellers grow more comfortable shopping on the Internet, the websites of airlines are increasingly their most important marketing forums, in some cases accounting for more than half of ticket sales. But on many airline websites, the format can
      NYT  -  827 words
  • Page 19 Miscellaneous
    • 140 19 CRYPTIC CROSSWORD preceding lamb perhaps 26 Recycle colourful map first 4 rniim and have a dnnk (5,10) 7 Novelist in a disagreement YESTERDAY'S SOLUTION with epistle writer (7) Across: 8 Estimate, 9 Crafty, 10 DOWN 8 Wrongly converse (7) Ash, 11 Outsider, 12 Inured, 13 1 Rich cream sauce of
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  • SHIPPING/TRANSPORT
    • 783 20 It may sell its terminals in Staten Isle, New Jersey and Vancouver Bloomberg [HONG KONG] Orient Overseas (International) Ltd, Hong Kong's No 3 container shipping line, may raise about US$l billion selling ports in North America, taking advantage of rising prices, three
      Bloomberg; BLOOMBERG  -  783 words
    • 380 20 AFP [BEIJING] China is building a US$27-billion train line from Beijing to the southern economic hub of Shenzhen and foreign 4 investors will be invited to join the project, state press reported last week. The new 2,300-kilo-metre railway will cut travel time between the
      AFP  -  380 words
    • 280 20 SGX '000 Aug 4 S$ Vol CH Offshore 036 001 51 Oman Hup .033 unch 291 Cosco Corporation 1.51 0.02 7991 CWT Distribution 0.62 0 01 287 Ezra Hides .2.50 -0.03 2S3 Freight Links 0 07 0.01 312 Grand Banks Yacht 0.92 unch 0 Jaya Holdings 136 0.03
      280 words
    • 411 20 Move will ensure a market for Posco's products amid glut of China exports Bloomberg [SEOUL] Posco, the world's fourth-biggest steelmaker, said it's interested in Daewoo Shipbuilding Marine Engineering Co, the world's second-largest shipbuilder. "We are looking with interest as it is a
      Bloomberg  -  411 words
    • 596 20 Bloomberg [TOKYO] Mitsui OSK Lines Ltd and Kawasaki Kisen Kaisha Ltd, Japan's second- and third-biggest shipping lines, cut their profit forecasts after rising fuel prices and falling container rates reduced firstquarter net income. Mitsui reduced its net income forecast for the year ending
      Bloomberg; FILE PHOTO  -  596 words
  • Page 20 Advertisements
    • 225 20 V., WA LIIM dfJ: WALLEM SENTOSA SHIPPING SERVICES INDONESIA I to ,an < a our Principals and Customers for their febfc'support hitherto and look forward to its continuity. Wallem Sentosa provides a complete range of high class Shipping Services including Shipping Agency and all other related supporting services at all
      225 words

  • 11737 21 STRAITS TIMES INDEX STOCKS Stock unw Wt Oon Chang* Stock name MR Oom Chang* Stock nam* Wt do** Chang* A«green50c 0.28 1.260 +0.030 HyfluxSc 0.34 2.170 -0.010 STEngglOc 1.78 2.840 +0.040 Aicundairert 0.96 1.890 -0.110 JMH US25c 400 3.28 18.500 -0.100 STATSChP25c 0.76 0.900 +0.015 BILIntl US20c 0.42
    11,737 words

  • 6006 22 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In local COT lass In USS dy %yr dy *yr dy %yr Aug 4 Indax Chang* Chang* Chang* Chang* Chang* Chang* Wortd Indei Prtiminary 995.6 0.5 2.7 0.5 0.7 09 6.5 t EAfE PrehninarY 999.4 0.6 2.7 1.1 4.7 1.5 10.7 EurupePufcninary 1344.8
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  • Page 23 Advertisements
    • 1661 23 UK CONTINENT SERVICE U.S.A SERVICE Destination Destination AFRICAN UON RDM/ATW/BMN/TIB/NAN SEAFRIEND CAM/NFK/SAV/NOL EVGENIA RDM/A7W/BMN/TLB/NAN toads Singapore, E./W. Malaysia, Indonesia i £/w Maia/skl| lndonesia MIDDLE-EAST SERVICE F.E./S.EJL SERVICE Destination PAN BRIGHT DBI/ABU/DOH/BRN/DMM/KWT Destination VOYAGER V DBI/ABU/DOH/BRN/DMM/KWT STXPOTBN INC/BSN GLOBAL MOKPO DBI/ABU/DOH/BRN/DMM/KWT PAN DYNAMIC JDH/AQA Loads Singapore, E./W. Malaysia, Indonesia Loads E.
      1,661 words
    • 517 23 Ixummoiowwa wmrm imkhh hbcww ntc kh to i sw i jkt STRAITS VENTURE 14/06 IS 12 04/06 06/06 10/00 13/08 IS/01 STUnSYBfTUKIS/M IS 3.2 17/06 20/01 24/06 79/06 31/01 ISIUITS VB6TUKI4/06 IS 12 01/09 I I VBSR/VOY stp m mm jkt sw lo TKtIS LEADER/DO 3 SO 4J 17-17/07 31-31/07
      517 words

  • Page 24 Advertisements
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    • 9 24 PLACE YOUR AD HERE The Business Times Shipping Times
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    • 807 24 <& aoa: WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AMD WESTERN ICO POINTS wssa VOT SM P-KUH6 COUMMO M.SHVA COIOtWO BUBM YTMO4I 01 AUG 02 AUG 05 AUG OOAUt 12 AUG HOUWAHiBPft ODS4W MAU6 10 AUG 13 AUG 16 AUG 70 AU6 KOTAPEMRA TWWI 15 AUG 14 AUG
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  • Page 25 Advertisements
    • 728 25 PS Nordana (Asia) Pie Ltd LTSSZ' 70 Skwtw Wty, ffl-03 KUrho H«w O/tllt NORTH WEST EXPRESS LINE MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS DATES A»E AMfliL DATES ycccci i i >—• -i lilffl XSU iWMHH WWI nIWMW u« la umi—i tmm rw> WW— BS IB T W Z 31JmI
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  • THE BUSINESS TIMES SHIPPING TIMES
    • 7039 26 This ETA ETA Vessel Voyage Tttaphon* ETA ETA A*mHwr Vasal Voyage TaiapkoM SIM Ocsf* Naaa UmiSm rtumhti SM Dasfn Nana Nam Haaibar rtiiniliii SB 8 v < 8 SSS 88 <*■ -rx 23/06 13/09 China Shpg BUNGA MAS 12 063W *****698 WW 1S7W inSm*
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  • BizIT
    • 844 27  -  Mobile phones and new technology like VoIP are the preferred means of communication in Singapore, writes AMIT ROY CHOUDHURY AMIT ROY CHOUDHURY CONFIRMING the general perception that fixed phone lines are on a downward spiral, a new study by Frost Sullivan concludes that revenue from residential
      Source: Frost & Sulivan  -  844 words
    • <what's new>
      • 61 27 LENOVO has unveiled the A6O, the firm's first Think Centre PC to feature an AMD processor. Available in a mini-tower or small desktop configuration, the new offering offers dual-core processing capabilities and improved virus protection and recovery tools for business customers. The A6O is currently available
        61 words
      • 69 27 AUTODESK has introduced 3ds Max 9, the latest version ofits 3D modelling, animation and rendering software. The new product supports 64-bit computing technologies and serves as a tool for digital artists to develop computer games as well as visual effects for television. 3ds Max 9 is
        69 words
      • 91 27  -  Compiled by WINSTON CHAI CREATIVE Technology has launched the Zen Neeon 2, the latest addition to its range of slim MP3 players. Weighing just 50g, the new gadget sports a 1.5-inch colour display and gives users the ability to tune in to music as
        91 words
    • 856 29  -  &lt;we say&gt; SingTel, StarHub are gearing up as they stand to gain from the upcoming Next-generation National Broadband Network WINSTON CHAI Reporter IN THE past year, the local broadband market has been accelerating faster than the souped-up cars roaring down the streets of Tokyo
      856 words
    • 598 29  -  By ROLAND LIM A STORM is brewing in the online search marketing industry, and at the heart of it is a small Mumbai-based agency called Pinstorm, which is breaking tradition by letting its clientele pay only for results. A traditional online search marketing agency will
      598 words
    • <what's up>
      • 90 29 MICHAEL Dell, the founder and chairman of PC giant Dell Computer, will be sharing his insights on technology trends and entrepreneurship tips at a public address in Singapore on Aug 15. The event, part of the Distinguished Infocomm Speaker series spearheaded by
        90 words
      • 74 29 NETWORKING equipment major Juniper Networks has appointed Beni Sia as its new country manager for Singapore. Mr Sia was formerly a sales director with IT services provider Datacraft. He had also held sales and marketing positions with companies like Cabletron and UIC Network Distribution.
        74 words
      • 89 29 BUSINESS intelligence solutions provider Micro Strategy has chosen Singapore to be the regional headquarters for its operations in the Asia-Pacific region. According to the company, the move will bring Micro Strategy closer to its pool of regional customers which include Australian telco Telstra,
        89 words
      • 69 29 CHIPMAKER AMD has appointed Ingram Micro as the distributor for its full range of offerings like desktop, server and workstation processors in the South-east Asia region. Under the agreement, Ingram Micro will provide services like order management and fulfillment, contract manufacturing and warehousing,
        69 words
      • 73 29 Singapore's premier infocomm tradeshow CommunicAsia will spread its wings to Vietnam next year. The event, to be held in Ho Chi Minh City in Oct 2007, is part of Singapore Exhibition Services' move to tap into the burgeoning Vietnamese IT market. According to the
        73 words
      • 77 29  -  Compiled by WINSTON CHAI SEMICONDUCTOR firm Renesas Technology has promoted Tetsuya Hisatsune to be the managing director of its Singapore subsidiary. Singapore currently serves as the firm's South Asia headquarters, supporting Asean countries as well as markets like India, Australia and New Zealand. With the appointment,
        77 words
    • 184 29 Bloomberg [TOKYOI Dell Inc. the world's largest personalcomputer maker, beat out Fujitsu Ltd for second place in Japan's shipments of personal computers in the three months ended June 30, IDC Japan said. Shipments of PCs by NEC Corp, Dell, Sony Corp
      Bloomberg  -  184 words
    • 387 29  -  By AMIT ROY CHOUDHURY COMPANIES in South-east Asia, including those from Singapore, are among the top in the world in adopting the latest cutting edge technology called grid computing. In a study which ranks countries and regions on their readiness to adopt grid
      387 words
    • 349 29  -  By CHENG KAR-MEN, KENNETH JAMES SYMANTEC'S upcoming all-in-one security software service, Norton 360, will offer consumers a new level of comfort and protection for their PCs unmatched by any of its competitors, a top Symantec executive said here last week. The new
      349 words
    • 191 29 AP [NEW YORK] Several major advertisers are teaming up with online auctioneer eßay Inc to test an idea for selling television advertising in an electronic marketplace, the group announced last Friday. A group of marketers and advertising agencies wants to try what
      AP  -  191 words
  • Page 27 Advertisements
    • 413 27 &lt;wesay&gt; Broadband revs up to racing speed PG29 a Transforming IT Management jitk pF~ la jPf*t»" ;Sl&lt; M- *&lt; s 7^ I I -y-, .k-^.,. I f 1 m .*iJw9Ki »^^^KSk4w3Ai7*iTiiiiijfn^vl7*nllh^oSifMj7iViiT7*^^^P J fiEjt »r The issues, opportunities and challenges of effectively governing an consisting of both a top down framework
      413 words

  • Page 28 Advertisements
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  • BizIT FOCUS: VoIP
    • 797 30  -  Small and medium enterprises will spend US$21m this year on Internet telephony systems and software, writes AMIT ROY CHOUDHURY AMIT ROY CHOUDHURY TECHNOLOGY has made it possible to allow a broad range of services, including voice, video and data, to ride on IP (Internet
      ARTHUR LEE  -  797 words
    • 814 30 IN order to position Singapore at the forefront of this communications revolution, the Singapore government announced plans in June last year to issue new 8-digit numbers starting with prefix 3 to operators offering VoIP services. Singapore expects growth in IP telephony to bring about reduced
      814 words
  • Page 30 Advertisements
    • 53 30 This feature is brought to you by Panasonic ideas for life M y[«ailfeL. IT«ii&jdiM^snlUjcS&l!l#i»§§Sßfe ''''ifeil v IBc^BPiMHlklMi&jfl .u.. hhuiumh«—«—— m^7^ rnmm^^^S tj ||B| '*'**1!^ JSS&*t jtf Jt l-fe?*—» v &gt;;h IP' **wiHHlHl^^^^^^^^lll i y M '~r|| DMMOP PhoiM 11 HHG99fB»*Worldwide PBX Market Share Leader* 'Source: "MZA "The Global Telecommunications Market"
      53 words