The Business Times, 21 August 2006
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2006-08-21
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The Business Times
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Title Section18 2006-08-21 1 THE BUSINESS TIMES ■■rth ANNIVERSARY JD MICA (P) 099/03/2006 Monday, August 21,2006 SINGAPORE 85 cents online at http://business-times.asial.com.sg18 words
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Article, Illustration1022 2006-08-21 1 CHUANG PECK MING - Two tasks for units in PMO help Singaporeans abroad stay anchored, promote immigration By CHUANG PECK MING [SlNGAPOßE] Moving the population issue up the national priority list, Prime Minister Lee Hsien Loong said last night that the government has1,022 words
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562 2006-08-21 1 S JAYASANKARAN - AirAsia's sister Fly Asian Xpress may start with Madrid By S JAYASANKARAN in Kuala Lumpur THE Malaysian government is mulling over a plan to allow Fly Asian Xpress (FAX), which is a sister company of budget airline Air Asia, to take562 words
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Page 1 Advertisements
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Advertisement26 2006-08-21 1 STEPPING DOWN bows out at 60 MORE REPORTS Growth expected to outpace 3-5% long-term rate Page 2 Let's welcome immigrants with a big heart Page 326 words
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Advertisement8 2006-08-21 1 WALL STREET Did someone say rally? PAGE 198 words
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Advertisement23 2006-08-21 1 VIEWS FROM THE TOP Terrorist threat: How ready are governments? illslHSl pages 10 &11 111 8 *****1 *****4 Markets Digest on Page 223 words
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Advertisement18 2006-08-21 1 CORPORATE RESULTS Quarterly scorecard up to scratch PAGES m H ill BM£ jfl HM wn&vm m jm Kv^18 words
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TOP STORIES
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Article, Illustration861 2006-08-21 2 CHUANG PECK MING - NATIONAL DAY RALLY PM points to IRs, new investments, advances in biomed and digital media By CHUANG PECK MING [SINGAPORE] Singapore's economy should expand by more than the long-term growth rate of 3-5 per cent in the next few years, Prime Minister Lee861 words
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463 2006-08-21 2 LESLIE YEE - It's 32nd in living costs, 38th in wage levels: UBS study By LESLIE YEE [SINGAPORE] Singapore is ranked thirty-second in living costs and thirty-eighth in wage levels in a recent international survey of 71 cities conducted by Swiss bank, ÜBS. Oslo, London and463 words
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Article134 2006-08-21 2 MARKETS WMk Chg« ST1 J483.53 +32.90 KLSECOMP 942.00 -0.27 NIKKEI 225 *****.98 ....+540.96 HANG SENG *****.70 +80.75 SET INDEX 708.49.. +0.07 JAKARTA COMP ...1437.77 +35.58 MANILA COMP .2329.90. -11.56 TAIPEI TAIEX £721.08 ....+149.98 SEOUL COMP .......1331.10 ...._+39.00 SHENZHEN B 289.13 +2.95 AUSTALLORD 5015.60 ..-..+97.60 DOW JONES *****.47 ....+293.44134 words
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Article416 2006-08-21 2 Let's welcome immigrants with a big heart A GROWING population is essential to expanding the economy, and the government plans to address sliding population figures by maintaining strong links with Singaporeans overseas, boosting the birthrate, and promoting immigration, said Prime Minister Lee Hsien Loong in his National Day416 words
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Article, Illustration1042 2006-08-21 3 DANIEL BUENAS - NATIONAL DAY RALLY Govt to step up efforts to draw all kinds of talent from abroad By DANIEL BUENAS [SINGAPORE! With a growing population essential to expanding Singapore's economy, the government has a triple strategy to boost the population by maintaining strong linksMUGIIAN RAJASEGERAN/ST - 1,042 words
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891 2006-08-21 3 NANDE KHIN - Govt to adapt by using new media to reach the young By NANDE KHIN [SINGAPORE] Singapore must continue to open up in order to ride the digital wave, despite the potential risks, Prime Minister Lee Hsien Loong said last night.891 words
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Page 2 Advertisements
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Advertisement14 2006-08-21 2 p...... I^ll Switch to Get 10 months'tree hosting when you Webvisions. More offers http://webvisions.comAen/14 words
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Advertisement31 2006-08-21 2 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 or call 6388-3838.31 words
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Advertisement10 2006-08-21 2 people No mountain high enough. www.thepeopleatwork com Asia-Pacific Executive Search10 words
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Page 3 Advertisements
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Advertisement287 2006-08-21 3 5.1 t v Sjr ■4k. ~Jwm' f >3Hp< K Q: Why do I need wealth management? A: Allow me to start by asking if your wealth legacy is built to last successive generations? If not, you need wealth management to ensure that future generations will inherit your legacy. Q: How287 words
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SINGAPORE MARKETS
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Article, Illustration663 2006-08-21 4 R SIVANITHY - STOCKS R SIVANITHY Senior Correspondent FOR now, stock markets everywhere are obsessed with the issue of US inflation. This must be a tad annoying to investors in this part of the world the current single-minded focus on whether the prices of raw materials and663 words
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Article1132 2006-08-21 4 Payment Ei looks Pay Payment El Books Pay (eti) <att dose data (ct») data dose jg| Ace Dynamics I 0 36N 05-Sep 08 Sep 22 Sep Maveoc 36.60 25-Aug 30 Aug 08-Sep Adampak I 0.63 05-Sep 08 Sep 29 Sep Megac+iem I 0.48 28-Aug 31 Aug 12 Sep1,132 words
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507 2006-08-21 4 CURRENCIES AFP [HONG KONG] The dollar recouped losses against Asian currencies after an upbeat US manufacturing report and a drop in oil prices. Japanese yen: The yen eased in the past week as investors chased the dollar against the Japanese currency, based on interest rateAFP - 507 words
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Article, Illustration1818 2006-08-21 4 Consensus No.of Forecast Mean Fri*s Consensus No.of Forecast Mean Fffs recommendation esti- EPS PE target price recommendation esti- EPS PE target price Company name Thiswk Lastmth mates (cents) (ratio) price Company name This wk Lastmth mates (cents) (ratio) price Advanced Holdings 2.00 1.00 2 5.85 6.07 1.14 0.421,818 words
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Article184 2006-08-21 4 AFP [LONDON] Crude futures plunged last week, in line with many commodity prices, amid evidence of an economic slowdown in the United States and a lowering of tensions in the Middle East, analysts said. On Friday, the Commodities Research Bureau's index of 17 commodities fellAFP - 184 words
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COMPANY NEWS
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802 2006-08-21 5 LESLIE YEE - Analysts upbeat on prospects in oil and gas, property, Reit sectors By LESLIE YEE LATEST quarterly results reported by major Singapore listed companies have generally met or exceeded analyst expectations. Companies like Singapore Exchange (SGX), DBS Group, SembCorp Marine, Keppel Corporation and Star Hub802 words
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649 2006-08-21 5 OH BOON PING - HOCK LOCK SIEW By OH BOON PING Although stocks with low profit margin and operating cash flow are often deemed risky, regional IT distributor and services provider ECS Holdings is one stock that deserves a second look. As a distribution business, generating a649 words
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451 2006-08-21 5 Reuters BUKIT Sembawang Estates, a former rubber plantations business that turned to property development, said on Friday that it plans to focus on high-rise apartments in prime locations to increase its returns. The company, which was set up to run rubber plantations in theReuters - 451 words
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4050 2006-08-21 6 I ummmem nmomom (OWWr CUMM XiH. OMM mWMIK XOts 1 UOf ***** 1147 K 8 2S972 i»6 7 431 2 MR Land 146S4 ***** 7:7 3101 ;*0 154 3 OS Gup n;i0 Mfl 22 5 ***** 2171 0 23.4 4 OCBCfc ***** 10204,050 words
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Article, Illustration396 2006-08-21 7 MATTHEW PHAN - Deal follows reverse takeover of GW by 2 S Koreancontrolled firms By MATTHEW PHAN SESDAQ-listed Advance SCT (ASCT) is taking over three wholly owned units of its 98.7 per cent subsidiary, Green World, through which all of the latter's business is conducted.REUTERS - 396 words
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298 2006-08-21 7 NANDE KHIN - By NANDE KHIN CONSTRUCTION firm Top Global has agreed to allot and issue some 3.8 million new shares at 12 cents each to strategic investors. Top Global said it has entered into two separate subscription agreements on Saturday with two groups of subscribers298 words
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290 2006-08-21 7 NANDE KHIN - By NANDE KHIN LOTTVISION Ltd is setting up a joint venture company in Hong Kong with a wholly owned unit of iAsia Solutions Ltd, a Hong Kongbased online financial trading services company. LottVision and iAsia's subsidiary called Bright Ally Investments Ltd will290 words
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Page 5 Advertisements
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Advertisement284 2006-08-21 5 The Abundant Harvest Awaits You to Grains Seeds H, W| M As one of the industry leaders sPI f J n commodit y futures, Phillip Br#] Bmrjßl /y Futures 24-hour Energy P. v r oJBt *I? 'My Commodity Desk provides jk j s° un d advice on hedging service and284 words
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Page 7 Advertisements
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Advertisement161 2006-08-21 7 A A I II m m m m W «iTJ m l il L, Ik I ill W ■L M k JjfK Ji^:,v.,V lata Hi kfe. Terms Conditions: Price stated is per person for a round trip Business Class to Japan (Tokyo. Osaka, Nagoya or Fukuoka) or Korea (Busan or161 words
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SINGAPORE MARKETS
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Article, Illustration1433 2006-08-21 8 TEH HOOI LING - TEH HOOI LING Senior Correspondent W!^ r picture of the US economy, as well as the easing of oil prices following the ceasefire in Lebanon, investors are returning to the *roarket In particu- lar, the second-tier market came back with a vengeance, as evidenced by1,433 words
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Article, Illustration1437 2006-08-21 8 ROBERT HALILI - INSIDE MARKETS By ROBERT HALILI THE corporate shareholder trading activity was high last week with 75 trades worth $31 million based on filings on the Exchange from Aug 14 to 18. The heavy activity last week was mainly due to a'pick-up in1,437 words
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TRAILBLAZERS
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Article, Illustration2047 2006-08-21 9 CHEW XIANG - CHEW XIANG profiles some of the leading names in the manufacturing and services sectors CHEW XIANG Manufacturing and services are the key'drivers of the Singapore economy. Forty per cent of working Singaporeans find jobs in the two sectors. In the past, many of the big gunsFILE PHOTOS - 2,047 words
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Page 9 Advertisements
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Advertisement175 2006-08-21 9 jBBBBBSHBSBB i fe V fl "^"Ji With power comes responsibility. Reason enough to set the S-Class safety standard even higher. T' Tomorrow's safety technology always comes senses danger. Before, during, or even after an accident restraints go up and even opened windows instantly ahead of schedule with the S-Class. Whether175 words
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Advertisement24 2006-08-21 9 M.IV d III Ml Will) lilMllt'ss |f.l(|«'l v,; M'| jrs 1.1 Mi'JlI 1; Hi I ill*' 11W s I IS v V.t n Br-v24 words
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VIEWS FROM THE TOP
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Article, Illustration2912 2006-08-21 10 THIS WEEK'S TOPIC Are governments, including our own, sufficiently prepared for terrorist violence? And what proactive steps should we, as individuals and as business people, be taking? TERRORISM in modern times has become synonymous with the systematic use of violence. It has attained sinister proportions, used2,912 words
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Page 10 Advertisements
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Page 11 Advertisements
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Advertisement78 2006-08-21 11 hh BT CEOs e-Club Members of the BT CEOs e-Club are Singapore's top corporate leaders whom BT editors would like to interact with in an atmosphere of informality and trust This 'dub* is a virtual one, with interaction mainly via email. Each week, we will invite comments from these top78 words
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SINGAPORE NEWS
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Article, Illustration813 2006-08-21 12 AMIT ROY CHOUDHURY - Few have plans to transfer core knowledge, says study By AMIT ROY CHOUDHURY WITH an increase in life expectancy and lower fertility rates, an ageing workforce has become an industrywide phenomenon in Singapore and very few companies have a plan in place to transfer core813 words
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Article122 2006-08-21 12 DATE/ TIME EVENT VENUE 21-22 Aug IP Academy-Global Forum Raffles City 7.30am on Intellectual Property Convention Centre 21-22 Aug The Asia Business Forum Marina Mandarin 8.00am Islamic Banking Finance Hotel Asia Conference 2006 21-22 Aug Pacific Conferences Swissotel Merchant 9.00am Innovative Integrated Court Marketing Communications 23 Aug Higher122 words
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Article, Illustration332 2006-08-21 12 RONNIE LIM - By RONNIE LIM A PLANNED US$lOO-200 million upgrading project to produce clean motor fuel at Singapore Refining Company (SRC) given the green light in January is yet to get off the ground because partners Singapore Petroleum Company (SPC) and Caltex have not finalised332 words
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Page 12 Advertisements
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Advertisement45 2006-08-21 12 .nr Mi -.i.f.rrrri im iiiliiiilMiniiniilf^flil rtßilMl'ißiTiiMPartT^i^! >MMk Vpk- mllm g"■ a*J I i" II L *—M. A. HIIL H I l w Singapore AN E-MARKETPLACE BROUGHT TO YOU BY CATS CLASSIFIED, SINGAPORE PRESS HOLDINGS. TO ADVERTISE, CALL 1800-289 9988 (OFFICE HOURS). K AT3 \Jp JJgj^45 words
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Advertisement15 2006-08-21 12 H ea d to CATS FASTADS In The Mew Paper r^AT^ for job opportunities! A15 words
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DINING OUT
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Article, Illustration1078 2006-08-21 13 SPECIAL PROMOTION An Indonesian Culinary Odyssay Th« Greenhouse, Rta-Cartton Milknia Singapore. Tal: 6434-S2M THE good thing about being at the top of the food chain is that you never have to worry about where your next meal is going to come from, whereas the good thing1,078 words
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Page 13 Advertisements
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Advertisement207 2006-08-21 13 Internationally Renowned Speaker ■nPV Professor Dan Levin PjjJR (PhD, Wharton Business School) PhD in Business Applied Economics, Professor Levin has been on the faculties of Wharton Business School, Tel Aviv University and The Technion Israel Institute of Technology, and on the boards of numerous public listed companies. An expert in207 words
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Advertisement75 2006-08-21 13 'MM! I. A IFjipW <* t *fWBm Verigy a now premier Mmlcondultor ttipt Building from the root* of Hewlett-Packard end 'V^J mi ftrtngtns Agiitni Our technology jf Innovation in scalable < platform architecture shortens time to market the overall k Our solutions and delivered globally with world-dase and Integrity, provide75 words
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BT-CITIBANK YOUNG INVESTORS' FORUM
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Article, Illustration740 2006-08-21 14 RUCHIKA TULSHYAN - The Internet allows users easy access to financial services but they must know how to protect themselves from online fraud, writes RUCHIKA TULSHYAN RUCHIKA TULSHYAN THE convenience of the Internet cannot be denied it is an integral part of the modern lifestyle. The accessibility of theSUMMER YEO ZHI Q1 - 740 words
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Article, Illustration906 2006-08-21 14 CRYSTAL NEO - CAMPUS LIFE Enterprising youths dabbling in pushcart businesses are on the increase, CRYSTAL NEO finds out more CRYSTAL NEO SHE may call forensic science her passion but her strong interest in business has not stopped her from dabbling in numerous business and design competitions. Serene Yeo, 18, a906 words
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Page 14 Advertisements
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Advertisement330 2006-08-21 14 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 line-up of investment330 words
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ECONOMY WATCH
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692 2006-08-21 15 Plans for trading community by 2015 to ensure region stays competitive AP (KUALA LUMPUR] Malaysia South-east Asian ministers hope to fast-track plans to create a European-style single market by 2015 in talks in Malaysia this week, as the region struggles to strengthen its economicAP - 692 words
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434 2006-08-21 15 Reuters [WASHINGTON] US Trade Representative Susan Schwab's trip to South-east Asia and China later this month could signal the start of an international effort to get world trade talks back on track, analysts said on Friday. "I think there needs toReuters - 434 words
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215 2006-08-21 15 Reuters [KUALA LUMPUR] Malaysia's interest rates are not at risk of becoming too accommodative. central bank chief Zeti Akhtar Aziz said on Saturday. Asked whether Malaysian interest rates, among the lowest in Asia, might be too accommodative for the economy, she toldReuters - 215 words
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Article, Illustration568 2006-08-21 15 AFP [WASHINGTON] US President George W Bush's lieutenants expressed frustration last Friday at their failure to translate healthy economic growth into higher approval ratings for their embattled boss. Mr Bush convened his senior economic policymakers for a summit at the president's Camp DavidAFP - 568 words
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Page 15 Advertisements
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Advertisement303 2006-08-21 15 I t v fc J" A Combining a two-day exhibition, conference and post-conference workshops, Be part Of Asia S CCH Tax Accounting Summit 2006 promises great insights and returns to aU. pre-eminent Tax Planning Bringing together qualified Tax Accounting professionals from all industries, this is and Financial Reporting event of303 words
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Advertisement93 2006-08-21 15 IkL J ■■■■■■■■I^B^^^R Creating, communicating and implementing M Strategy is one of the most important and challenging activities you undertake as e leader in a business enterprise. 'S This masterclass will provide you with the skills to ensure w A 4b .IT. M I 1 that your business is on93 words
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MALAYSIA
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Article, Illustration552 2006-08-21 16 S JAYASANKARAN - MALAYSIA INSIGHT There's merit in the old Arab saying: the dogs may bark but the caravan moves on S JAYASANKARAN KL Correspondent THE Parkway Group's purchase of a controlling 30 per cent interest in Malaysian healthcare provider Pantai Holdings is in danger552 words
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283 2006-08-21 16 AFP [KUALA LUMPUR] The party which has ruled Malaysia since independence in 1957 could lose power over a dispute between the current Prime Minister and his predecessor, Deputy Prime Minister Najib Razak said. Mr Najib, who is also deputy presidentAFP - 283 words
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311 2006-08-21 16 Bernama [KUALA LUMPUR] Telekom Malaysia Bhd (TM), through its international investment holding arm, TM International Sdn Bhd (TMI) is looking into the possibility of expanding its investment in the Asean region next year. Its chairman Mohd Radzi Mansor said the move reaffirms TM's strategyBernama - 311 words
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BRIEFLY ASIA
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111 2006-08-21 16 Reuters [KUALA LUMPUR] Malaysian power and leisure firm Genting Bhd has bought a 16 per cent stake in property company Landmarks Bhd for about RMI6O million (SS69 million), The Edge weekly reported. Genting bought the stake of some 80 million shares from severalReuters - 111 words
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107 2006-08-21 16 AP [BEIJING] China's top environmental official has blamed corruption for frustrating environmental protection efforts and sparking a rise in air pollution, state media reported yesterday. "It is clear the conflict growth and environmental protection is coming to a head," Zhou Shengxian, directorAP - 107 words
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111 2006-08-21 16 Bloomberg [BEIJING] Almost two-thirds of China's largest manufacturers are foreign companies, first among them Motorola Inc, the world's second-biggest cellphone maker and No 6 among all industrial companies in the world's fourth-largest economy. Motorola had 74 billion yuan (5514.6 billion) in sales inBloomberg - 111 words
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109 2006-08-21 16 Bloomberg [NEW DELHI] Coca-Cola Co and PepsiCo Inc, the world's two biggest soft-drink makers, have asked a court in India to lift an 11 -day-old ban on their sodas. The southern state of Kerala banned the sale and production ofBloomberg - 109 words
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Page 16 Advertisements
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Advertisement1015 2006-08-21 16 NOTICE TO CLIENTS OF UKFP (ASIA) HK LIMITED (FORMERLY TOWRY LAW (ASIA) HK LIMITED) UKFP (Asia) HK Limited (formerly Towry Law (Asia) HK Limited) is seeking to contact the following clients concerning the matters set out in the Hong Kong Securities and Futures Commission's (SFC) press release dated 2 May1,015 words
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Advertisement242 2006-08-21 16 Discover everything you need to know about China Business policies Tan lay Hong wrote the 2003 book Present state of China's foreign Investment Regime "China Business law: A Guide for lawyers and Entrepreneurs" and has Recent changes to China s land Laws conducted China Business Law Protecting InteHectdbl Property Rights242 words
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GREATER CHINA/INDIA
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Article, Illustration759 2006-08-21 17 He steps down after 25 years when he hits company's retirement age Reuters. AP [BANGALORE] Infosys Technologies' chairman N R Narayana Murthy stepped down yesterday after 25 years at the helm of the firm he co-founded with six other software engineers and builtReuters.; AP; AFP - 759 words
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287 2006-08-21 17 The money was lost over a decade in investments in companies AP [TAIPEI] Taiwan's opposition Nationalist Party once one of the world's richest political parties has lost NT$43 billion (Ss2 billion) on investments over the past decade, a newspaper reported yesterday. The party's netAP - 287 words
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377 2006-08-21 17 Bloomberg [LONDON] China'&decision to raise interest rates on Friday is unlikely to be successful in slowing economic growth, and the government will need to let the yuan appreciate, said Jim O'Neill, chief economist at Goldman Sachs Group Inc. The People's Bank ofBloomberg - 377 words
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Page 17 Advertisements
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Advertisement276 2006-08-21 17 Diners Club Card r o 0980 A World of Exclusive Privileges Treats Diners Club i UBB 1 www.dmers.com.sg International' wip v jj* 3& 8 Coliwn »tf—t, Blng«pof 17—0» I TW: (>8) Mll v* Surpassing the C S S very 6est of!NZ s LKJtfibK r Sauvignon Planes 90 Points, Smart Buy276 words
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Advertisement29 2006-08-21 17 1 up to a ITMHUW BBBBBBBBBBBp- I property payers I I focus on I I second-tier I I cities I lof China I I "i i'?*' s v^x^Kr^f"*^''^s&f 'i-^'29 words
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ASIA-PACIFIC
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472 2006-08-21 18 AL LABITA - Business group warns Manila that trimming incentives may deter investors By AL LABITA in Manila FOREIGN businessmen are wary over Manila's plan to phase out income tax holidays and other perks. Far from ending these conces- sions, business interests are seeking more economic liberalisation,472 words
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Article, Illustration438 2006-08-21 18 ANTHONY ROWLEY - By ANTHONY ROWLEY in Tokyo JAPAN will this week propose the formation of an OECD-like body in East Asia to accelerate economic integration Within the region, and will offer to provide up to 10 billion yen (Ssl37 million) over 10 years to helpREUTERS - 438 words
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377 2006-08-21 18 CLARENCE MICHAEL - By CLARENCE MICHAEL in Dubai Dubai International Capital LLC (DIC), the international investment arm of Dubai Holding, has agreed to acquire UK-based Travelodge Hotels Ltd for US$l.27 billion from Permira Funds. Travelodge is the UK's second-largest budget hotel company and operates377 words
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Page 18 Advertisements
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Advertisement1091 2006-08-21 18 w Indian Bank (wholly owned by Government of India) (Head Office: 66 Rajaji Salal, Chennai 6000 001 India) BALANCE SHEET AS ON 31 ST MARCH, 2006 (Rs in thousands) A 8 ON 3103 2606 A 8 ON 3103 2005 CAPITAL AND LIABILITIES Capital 743 82 00 4573 96 00 Reserves1,091 words
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Advertisement903 2006-08-21 18 :»at^ NOTICES Toll free: 1800-289-8822 Email: noticesc^sph.com.sg JTC Corporation is inviting companies to submit applications for appointment to JTC Corporation's panel of real estate marketing agents. Successful applicants have the opportunity to be invited to submit their tender or quotation proposals when JTC Corpdration requires the services of reql estate903 words
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Advertisement25 2006-08-21 18 Joining forces? t Announce the good news. Call 1800 289 8822 or email notices@sph.com.sg to book your corporate notice in our newspapers now. KATS NOTICES25 words
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WORLD
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Article772 2006-08-21 19 ANDREW MARKS - WALL STREET INSIGHT The market seems well positioned to advance in September as bullish indications are on the rise By ANDREW MARKS in New York T HAS been a long summer of I doubts, concern and bad news on Wall Street, over everything from when and772 words
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Article, Illustration459 2006-08-21 19 AFP {NEW YORK] Struggling auto giant Ford Motor Co said on Friday it was slashing its US vehicle production as it battles to recapture customers who are deserting its gas-guzzling SUVs in favour of Japanese models. Ford said it would cut its Q4 USAFP; BLOOMBERG - 459 words
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Article275 2006-08-21 19 Officers accused of manipulating options grants Bloomberg [SAN FRANCISCO] Officers of Apple Computer Inc, maker of the iPod digitalmusic player, manipulated options grants to sell more than US$l billion in company stock, according to shareholder lawsuits. The cases, filed on Friday in state and federalBloomberg - 275 words
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382 2006-08-21 19 AFP [DUBLIN] An Irish company threw down the gauntlet on Friday to the worldwide scientific community to test a technology it has developed that it claims produces free energy. The company, Steorn, says its discovery is based on the interaction of magnetic fieldsAFP - 382 words
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Article3124 2006-08-21 19 Transaction date: Aug 18 For a full listing of the closing prices, log on to BT Online at http://business-times.asial .com.sg after 11.30pm every trading day HONG KONG Vol DatanglntnlPowerGene...5.28 0 06 ***** HKS '000 Denway Motors 2.56 0.04 ***** Digital China .2.49 -0.07 1280 Aeon Credit 5.80 unch3,124 words
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320 2006-08-21 19 AFP [SYDNEY] BHP Billiton, the world's largest miner, is expected to post an annual profit exceeding US$lO billion this week, setting a new Australian corporate record, analysts predict. The Anglo-Australian giant's bottom line has been boosted by ongoing strong demand from Asia, particularlyAFP - 320 words
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AVIATION
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Article, Illustration645 2006-08-21 20 Move may spark job cuts of 7,000 staff and 25,000 workers who make parts AP [LONG BEACH] Boeing Co said it would start shutting down production of its cavernous C-17 military cargo plane, marking the possible end of aircraft manufacturing inAP - 645 words
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Article, Illustration489 2006-08-21 20 LAT-WP [LONDON] A British plane carrying 269 passengers and nine crew members made an emergency landing Friday in Italy because of a bomb scare, officials said. The Boeing 767, operated by Excel Airways, took off Friday morning from London's Gatwick Airport en route toLAT-WP; AFP - 489 words
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441 2006-08-21 20 AP [TAIPEI] Faced with a shrinkig domestic market and the imminent launch of a high-speed train linking Taiwan's main cities, Far Eastern Air Transport Corp is actively expanding its overseas routes, an executive of the Taipei-based airline said. Philip Chen, president of Taiwan'sAP - 441 words
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Article1965 2006-08-21 20 en mWT HA MiW ITP $0468 2240 Cip SQ351 05* SK972 2155 AMaMa LH9771 1845 LH9770 2300 SHI?8 1W SO230 IMS SQ229 2300 DaNaaa MI633 2255 MW33 1425 AFM7 1850 SQ5024 2255 SQ5024 1425 ■A7381 1850 Darwta AF8067 1850 A***** 2215 PW1 1M0 8A7381 1850 atMfcM1,965 words
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Page 20 Miscellaneous
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Miscellaneous182 2006-08-21 20 CRYPTIC CROSSWORD DOWN 1 Rounds on Grandma, the 14 After one beast goes rider Across: 1 Chancellor, 6 Disc, 9 painter, during diffusions of when there is no coachman Pluralists, 10 Scan, 12 Etui, -13 Banliquids (7) (9) dolier, 15 Audience, 16 Unseal, 18 2 Coming from Peterhead 15 Herb's182 words
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SHIPPING/AVIATION
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Article, Illustration999 2006-08-21 21 LAT-WP [VIENNA] For business travellers, security measures that followed the exposure of an alleged plot to destroy air planes over the Atlantic ushered in a painful scenario: flights without readily available bottled water, no duty-free gifts for friends and associates and gruellingLAT-WP; REUTERS - 999 words
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333 2006-08-21 21 Reuters [PARIS] Governments should meet the costs of extra security imposed at airports since British police said that they had foiled a plot to blow up transatlantic airliners, the International Air Transport Association said on Saturday. In an interview publishedReuters - 333 words
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291 2006-08-21 21 AFP [KUALA LUMPUR] Malaysian officials have hit out at "irresponsible" ships which dumped sacks of hardened oil sludge off Johor state, ruining a section of coastline, a report said yesterday. Dozens of sacks washed up on the pristine beaches of Pulau BesarAFP - 291 words
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Article, Illustration911 2006-08-21 21 Lack of salvage action for Solar I leaves many at their wit's end AFP [NUEVA VALENCIA, Philippines] Coastguard officials struggling to contain a dangerous oil spill in the Philippines expressed frustration that a sunken tanker described by environmentalists as a "ticking time bomb"AFP; AP - 911 words
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223 2006-08-21 21 AFP [MANILA] The captain of a sunken Philippine tanker that has created the country's worst ever oil spill was not properly trained to pilot the ship, a Manila newspaper claimed yesterday. The findings of a preliminary investigation into the Aug 11 disaster byAFP - 223 words
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Article11280 2006-08-21 22 STRAITS TIMES INDEX STOCKS Stock nam* Wt due Change Stock name Wt Oosa Change Stock nam* Wt Oosa Chang* AMgreen 0.30 1.360 -0.020 Hyflux 0.32 2 080 STEngg 1.73 2 790 -0.010 Asrandamit 1.03 2.060 +0.080 JMH 3.22 18 400 +0.100 STATSChP 0.88 1.040 B'l'ntl 0.40 1.380 -0.02011,280 words
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Article6436 2006-08-21 23 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES la loo! out In SS muss %*r %yt %4y yi Oy %yr Aug U Inden Ounga Chang* Change Chang* Chang* Oiiny Die World Inden Pretiminyy 1009 4 0.0 4.1 -0.3 1.6 -03 7.4 t EAFE Preliminary 1021.1 0.1 4.9 03 5 8 -0.36,436 words
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Advertisement1635 2006-08-21 24 > UK CONTINENT SERVICE U.S.A SERVICE Destination Destination EVGENIA RDM/ATW/BMN/TLB/NAN HANJIN PENANG LAX/VCW/MZL Loads Singapore, E./W. Malaysia, Indonesia J E/w Ma|aysja |ndonesia MIDDLE-EAST SERVICE F.EJS.E.A. SERVICE Destination VOYAGER V DBI/ABU/DOH/BRN/DMM/KWT Destination ASEAN PREMIER DBI/ABU/DOH/BRN/DMM/KWT STX PO TBN INC/BSN PAN DYNAMIC JDH/AQA ASEAN EXPRESS DBI/ABU/DOH/BRN/DMM/KWT Loads Singapore, E./W. Malaysia, Indonesia Loads1,635 words
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Advertisement568 2006-08-21 24 IIKTIKASiA RORO SERVICE vßsa/vor ramukt) hbghtoh) mo km to «n jkt STUIIS VENTURE 15/04 IS 17 17/08 70/01 76/08 79/08 31/08 OUVUO3 4 31/08 STKAiTS YDCTUKt 14/04 15 1? 01/09 I [AUSTRALIAN KORO SERVICE j vtssa/voT Mjggpjwmm 13 lai l syd m mm jkt sm ia FANTA /076 SO «i568 words
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Advertisement1454 2006-08-21 25 WAN HAJ INTERNATIONAL PTC LTD at NO: **********0/R VTrA linn Mt P# TIL: *****588 (14 UNES) FAX: *****163 \M\ WAN HAI I INF\ Owtomer Servkt/Bookitgs Direct Line (1800) *****200 Y m V VVnl" I -fclllkJ fn 18:(03)*****888NUb(03)*****288FBI 1H:(04)*****00FAX:<04)*****99 V- mn *****23 FAX; (07)251»921 SUR H (031) *****75 FAX: (031) *****)4/1,454 words
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Advertisement1126 2006-08-21 25 |T|n EASTERN CAR LINER, LTD V SPECIALIZE IN ROWO 8. HEAVY LIFT UPTO 450 TONS IMTRA-ASIA MM VOY RoMf Ufttag SIN Iff PKlfll) PKL(W) PNN JKT La MUA SUI MIRI ITU NOZOMI 50 20/08 21/08 22/08 "WW 30/08 GiOKY SUMMIT 68 50 "*****" 26/08 28/08 ESTRELLA ETERNA 125 60 21/081,126 words
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Advertisement840 2006-08-21 25 m WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS VESSEL VOT SIN PJHAHG COLOMBO N. SHEVA COLOMBO MTAMDWA YPWOB9 16 AUG fiMQ MS 2M UM INDim GANDHI OIQiW AUC OMIT 26 AUG 29 AUG 02 SEP RAJIV GANDHI OIO6W 29 AUG OMIT 02 SEP 06840 words
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Advertisement734 2006-08-21 26 aKi A /A* ni liJ Tat 65-*****907 Fox; *****917 Nordana (Asia) Pte Ltd Emaim^^non^siacon, 70 Shenton Way, *21-03 Marina House Singapore *****8 NORTH WEST EXPRESS LINE MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS DATES ARE ARRIVAL DATES VESSEL VOY Saoooof. fret—He Cocas Islood Orisneas Islaed PaslrOedoaa bland Express 1E607 ZiLAuS734 words
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Advertisement445 2006-08-21 26 CONVENTIONAL SERVICE LOADING FOR LOADING FOR COLOMBO-RORO COLOMBO BREAKBULK 22 AUG 29 AUG LOADING FOR DUBAI, MUMBAI, MINA QABOOS, DOHA, ABU DHABI 5 SEPTEMBER 2006 MV. GRAND PRIDE rmiLORYMMGATIONGROOpI I( SINCE 1970 I OWNS A OPERATES THE YOUNGEST FLEET f WITH FOURTEEN 7,000 DWT TWEEN DECKERS I COVERING THE ENTIRE445 words
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THE BUSINESS TIMES SHIPPING TIMES
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5709 2006-08-21 27 ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETi SIN Dest'n Name Name Number Number SIN Desfn Name Name Manber Number Sir To DOUALA (DLA) 2110 Cameroon TO ABIDJAN (ABJ) 2003 Cote D'lvoire 31/08 13/10 Delmas DELMAS KERGUELEN 635W *****3445,709 words
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BizIT
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Article, Illustration671 2006-08-21 28 ROLAND LIM - It will build a regional 'superhub' here to boost its services business, reports ROLAND LIM ROLAND LIM RIDING on the outsourcing wave, document management solutions provider Fuji Xerox is pumping $5 million over the next year to create a671 words
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<what's up>
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64 2006-08-21 28 DOCUMENT management leader Fuji Xerox Singapore is organising its DocUWorld 2006 event on Aug 23 and 24, where experts from companies such as Microsoft, 1-Magination, Compuware and M&C Saatchi will share case studies and present the latest document management solutions. The event will be64 words
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64 2006-08-21 28 IT asset management specialist Altiris is organising its annual Manage Fusion user conference on Aug 24, from Bam to 6pm at the Grand Hyatt Singapore. The free event aims to present the latest developments and best practices in managing, securing and supporting diverse and64 words
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Article55 2006-08-21 28 ROYAL Philips Electronics has appointed Karen Chan Escobar as its director of brand management and corporate communications for Singapore and Asean. Organisations that Ms Chan has previously worked for including the Taiwan Foreign Trade Ministry's investment promotion council in the United States, Delphi Corporation, and Singapore55 words
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71 2006-08-21 28 SINGAPORE-BASED broadband television service provider M2B World last week announced that it will offer 13 more Korean drama serials, in addition to the current six drama serials it already features, via its broadband television service. This is made possible through a deal with71 words
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111 2006-08-21 28 LAW firm Alban Tay Mahtani de Silva's Intellectual Property and Technology Practice Group is organising a free seminar on transforming a company's intellectual property (IP) into business assets. Targeted at in-house legal counsels, intellectual property managers and management who want to111 words
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79 2006-08-21 28 ROLAND LIM - Compiled by ROLAND LIM MARKET research house Gartner is organising its 12th Annual Semiconductor Roadshow 2006 on Sept 25 at the Grand Hyatt Hotel from lpm to 5.15pm. The agenda for the seminar includes detailed market forecasts on devices and applications, and Gartner analysts79 words
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Article, Illustration809 2006-08-21 29 AMIT ROY CHOUDHURY - Top official says firm will commit its best talents if it wins bid for SOE By AMIT ROY CHOUDHURY HEWLETT-PACKARD (HP) views Singapore government's outsourcing initiative as a high-priority project, and it will bring its best global team to plan and execute it809 words
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Article, Illustration1011 2006-08-21 29 GEOFFREY PEREIRA - <cool stuff> The entry will heat up competition in this segment of the digital camera market, says GEOFFREY PEREIRA GEOFFREY PEREIRA SONY has entered the singlelens reflex (SLR) segment of the digital camera market with a model called the Alpha 100. The AlOO is the1,011 words
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<what's new>
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75 2006-08-21 29 PRINTER specialist Brother has launched its fastest networked monochrome laser printer, the HL-5270D. It features print speeds of up to 28 pages per minute, and comes with 32MB of memory, which can be upgraded to 544 MB. It also has duplex functions which enables the printer75 words
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Article66 2006-08-21 29 SECURITY solutions and services provider OneBerry Technologies has released the OneBerry Security Management System, a real-time security management software system that eliminates paper-based logbooks and checklists often used by security personnel, and is able to track personnel movements in real-time. The solution is priced at $20066 words
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Article119 2006-08-21 29 STARHUB is dangling more carrots in the form of five free channels to encourage its cable TV subscribers to upgrade from an analogue set-top box to a digital or digital video recorder (DVR) set-top box. From Oct 2, they can view Australia Network (formerly known119 words
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Article74 2006-08-21 29 SMALL in size but big in performance that's the new Philips DVD Micro Theatre MCD708. The home theatre system will play CDs and DVDs in any format, and features a Class* "D" digital amplifier which consumes less power but yet improves sound quality. It also74 words
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114 2006-08-21 29 LG Electronics Singapore has released a range of seven new LCD monitors which feature its DFC technology that enhances contrast. The models boast contrast ratios of up to 2000:1, which it says is the world's highest contrast ratio. A high contrast ratio offers viewers114 words
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114 2006-08-21 29 ROLAND LIM - Compiled by ROLAND LIM MOBILEONE (Ml) has introduced a new mobile phone plan called the Talk Share Plan for enterprises. The new free-incoming plan allows three, five or 10 employees to share free outgoing airtime and SMS entitlements. For $98 a month, the114 words
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337 2006-08-21 29 Reuters [LONDON] Handheld computer and phone maker Palm Inc is to unveil the latest version of its Treo smart phone next month as it attempts to revive sales hit by tough competition and problems with previous models. "The announcement is going toReuters - 337 words
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270 2006-08-21 29 KAR-MEN CHENG - By KAR-MEN CHENG CREATIVE Technology has unveiled a new range of affordable professional-class music production offerings targetted at music enthusiasts as well as serious players. The products are based on its E-Mu technology, used in the music recording industry by artists from Stevie270 words
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Advertisement270 2006-08-21 28 in, yi a —r^--jpg^ gi H" < .-...iiSgjl fIHHHR^f^'S? B F KPI sS IBHH^pl'§ ill Wk J]ZZ t^'\J V TBI I >4E —HEB9S2aSM»M*i I i iof7r Ff 11 »s»%dfr"»*lPli r ■Mfci Tfj Yif[[ft j in rTY^I ii 1 XB B/N/C jft»- Sz79w 'I'k'i j, i in i| a '^w^jlßMßi ■■mi,%\270 words
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Advertisement31 2006-08-21 29 ProCurve Networking j|jkA** HP Innovation The Adaptive Network Designed to flex in completely new ways Adaptive Edge Architecture™ for secure, mobile and converged networks w w— Discover the advantages, visit www.procurve.com.sg31 words
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Advertisement1919 2006-08-21 30 BT ADVERTORIAL Managing documents for canon business advantage Delighting You Always Modern document management solutions r MENTION document management solu- volumes of paper into a database, d ■■WFM JbSW.! L—1 tions and it typically conjures up images which will then enable human resources of a paperless office. But in reality,1,919 words
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