The Business Times, 26 February 2007

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Microfilm: NL27324
Total Pages: 32
1 32 The Business Times
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  • Title Section
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    20 1 THE BUSINESS TIMES online at http://biisiness-times.asial.com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION MICA (P) 202/12/2006 Monday, February 26,2007 SINGAPORE 85 cents
    20 words
  • Article, Illustration
    Lock icon En bloc heartland is a 4 sq km zone
    716 1  -  39 of the 69 collective sales last year were done in that corner of Orchard Road By ARTHUR SIM (SINGAPORE! More than half of the residential collective sales done in 2006 were confined to an area occupying no more than four
    716 words
  • Article, Illustration
    Lock icon Fund managers advocate dividend-yield stocks
    626 1  -  Investors should protect the returns they've chalked up By SIOW LI SEN [SINGAPORE] With stock markets running bullish and investors chasing capital gains, some fund managers are once again highlighting the alternative benefits of dividend-yield stocks. Among those making the point are Schroder Investment Management
    626 words
  • Article
    Lock icon MARKETS DIGEST
    135 1 MARKETS \M—k Chg« STI 3310.44 +73.51 KLCOMP 1283.47 +21.38 NIKKEI 225 *****.42 ....+312.77 HANG SENG *****.65 ....+143.74 SET INDEX 690.76 +2.75 JAKARTA COMP ...1791.55 -2.81 MANILA COMP ....3389.37 +55.81 TAIPEI TAIEX dosed SEOUL COMP 1469.88 +21.07 SHENZHEN B closed AUST ALL ORD 6009.30 +73.80 DOW JONES *****.48 -120.09
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  • TOP STORIES
    • Article, Illustration
      Lock icon Special tax incentives vs lower tax rate
      1131 2  -  COMMENTARY It's a trade-off and Singapore may need to make a change in its approach VIKRAM KHANNA Associate Editor WITH Singapore facing tax competition and trying to attract more small and medium-sized enterprises (SMEs) as opposed to just large multinational corporations (MNCs), should
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    • Article
      Lock icon THREE-MINUTE DIGEST
      406 2 IFS to list Thai associate if market improves IFS CAPITAL is aiming to list its Thai associate later this year if market conditions in Thailand improve, IFS chief executive Lee Soon Kie said. The company, which offers factoring and other financing services to small businesses, is also in
      406 words
    • Article, Illustration
      Lock icon More office space likely for Phase 2 of MBFC
      697 2  -  Move seen as latest market response to acute shortage of office space By KALPANA RASHIWALA [SINGAPORE] In a likely change of plan, the second phase of the Marina Bay Financial Centre (MBFC) is expected to have more office than condo space.
      697 words
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      49 2 people No mountain high enough. •Avvw.thepeoDleatwork.com As'O-Pacific Executive Search Regular or Rich Free 8 bottles of 10 Litres '6253 5888 J during office hours between Mon Sat. I I Choice of Mineral Water/ Distilled Water/ I .j 1 Oxygenated Water available llffM A A Certified Bottler enquiries@pereocean.com I www.pereocean.com
      49 words
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      537 2 SEMITECH ELECTRONICS LTD (Company Registration No. *****2949 M) ■8888 (Incorporated in the Republic of Singapore) NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company will be held at Grand Mercure Roxy Hotel, Level 4, 50 East Coast Road, Singapore *****9 on 15 March 2007 at 9.30 a.m.
      537 words
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      620 3 BUNDING NAME MSTLOCATION W DEVELOffK I JffljPf |i |l if ™lardmore1ardmore draycott The Orchard Road area will be the centre of property development for the next few years* having chalked up 39 collective sales _i—jjjffj* l 1?— j® erties of residential redevelopment sites in 2006. CB Richard Ellis reckons the
      620 words
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  • COMPANY NEWS
    • Article
      Lock icon Lasseters offers a decent bet
      493 4  -  HOCK LOCK SIEW By WEE LI-EN INVESTORS looking for gaming plays but concerned about the uncertainty over Genting International's tie-up with gambling tycoon Stanley Ho may want to take a look at Lasseters International Holdings (LIH) the other gaming stock on the Singapore Exchange. LIH
      493 words
    • Article
      Lock icon LifeBrandz sees return to profit this year
      331 4 Reuters LIFEBRANDZ, which operates bars and clubs such as Ministry of Sound, said it expects to return to profit this year now that it has sold its beauty business. LifeBrandz, which used to sell slimming pills, is betting on Singapore's push to become
      Reuters  -  331 words
    • Article
      Lock icon IFS to list Thai associate if market improves
      435 4  -  Increase of 2.1% in full-year net profit to $11.8 m By CONRAD TAN IFS Capital is aiming to list its Thai associate later this year if market conditions in Thailand improve, IFS chief executive Lee Soon Kie said. The company, which offers
      435 words
    • Article, Illustration
      Lock icon Raffles Edn sees 40% profit rise a yr for 5 yrs
      644 4 XFN-Asia RAFFLES Education Corp Ltd, a regional operator of design and business schools, expects to grow its net profit by at least 40 per cent every year in the next five years as its student base expands, particularly in
      XFN-Asia; FILE PHOTO  -  644 words
    • Article
      Lock icon Banyan Tree to double Mexican projects
      326 6 BANYAN Tree Holdings, a developer, designer and operator of resorts, hotels and spas, said yesterday that it is doubling its Mexican portfolio to four projects. In joint ventures with major Mexican entities, Banyan Tree will invest in, design and operate two resorts —the Banyan
      326 words
    • Article
      Lock icon Fengshui tips for the Year of the Pig
      377 6  -  HK geomancer predicts disaster in the US between June and July By SIOW LI SEN AS the Year of the Dog has given way to the Year of the Pig, Hong Kong fengshui master Alion Yeo has a few tips for 2007
      377 words
    • Article, Illustration
      Lock icon It's Sunday, so let's go to the bank
      438 6 OCBC's Sunday banking proves to be a big success SUNDAY banking has proved to be a big hit with Singaporeans —judging by the experience of OCBC Bank so far. And the bank is planning to double the number of branches offering full-service
      438 words
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      159 4 Following the success of the 11 th World HR Congress, SHRI is proud to bring you the Singapore HR Congress Business-Connect Exposition 2007 Guest-of-Honour Mr Lim Swee Say Secretary-General, National Trades Union Congress, and Minister, Prime Minister's Office Post-Congress Workshops on 4 th May 2007 0 Workshop A Workshop B
      159 words
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      299 4 H -fec- Ministry Of Finance finance SINGAPORE P Are you the one we are looking for? At MOF, our philosophy is simple: A world without boundaries. We write the rules, we aim high and we overcome obstacles the MOF way. If you are looking for an extraordinary career in a
      299 words
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      276 5 p* SW? v r y ..s'> v 'V.: '/V'/ Congratulations to Otto Marine Pte Ltd Shipyard: PT Batamec on the completion and delivery of M/V "JASCON 39" to SEA TRUCKS GROUP J M/V "JASCON 39" is ABS Class Anchor Handling t t Once again we are pleased to hand■b. v
      276 words
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      112 6 ■Tie l&tiftQ i I I I PRIME FREEHOLD SITE AT ST THOMAS WALK COLLECTIVE SALE OF A^VlE>^ /i 5 Closing: Fri, 30 March 07,4pm 08 BB XT7j\ y *5* I f TEOCHEW RESTAURANT RESERVATIONS /OWvxf (C«-v>f HOTLINe 1 x 6533 5300 28 NORTH CANAL ROAD, POH HENG BUILDING (OPPOSITE HONG
      112 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Activity remains high despite holidays
      1170 7  -  INSIDE MARKETS Forty transactions worth $37.3 million done, against the previous week's five-day total of 53 trades worth $6.6 million By ROBERT HALILI TRADING activity by directors and substantial shareholders was high during the holidayshortened week of Feb 21 to 23 with 40 transactions worth
      1,170 words
    • Article, Illustration
      Lock icon Outlook still alright – but keep watch on Wall Street
      613 8  - Outlook still alright but keep watch on Wall Street STOCKS R SIVANITHY Senior Correspondent THUS far, the local stock market, together with others in the region, has managed to remain relatively immune to Wall Street's wobbles, inconsistent performances and in-terest-rate worries. How much longer this would continue is of course
      613 words
    • Article
      Lock icon Asian units mixed, yen continues slide
      549 8 CURRENCIES AFP [HONG KONG] Major Asian currencies were mixed against the dollar last week, with the Japanese yen down despite the central bank's decision to raise interest rates by 25 basis points to 0.50 per cent Japanese yen: The yen continued to fall against
      AFP  -  549 words
    • Article, Illustration
      Lock icon BROKERS' RECOMMENDATIONS
      1796 8 Consensus No.of Forecast Mean Fifs recommendation est}- EPS K target price Company name This wk Last mth mates (cents) (ratio) pro Alko Commercial REIT 1.33 1.40 6 5.06 25.29 1.50 128 Allgreen Properties 2.33 2.11 9 5.27 32.81 1.39 1.73 AscendasREU 3.00 2.77 13 12.09 22.00 2.52 2.63
      1,796 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      794 8 Npl Ei iNti If Hjail fa M Pay Inil mi nil i iri laa Mi des—ten. IO0 »*r 0*4**r IMfef H—ta« > tjp IW* W* VHtm AltoConaiHKJT AA ~3<B HM 21 Ml 2»M N»riT«*cnm la MM* »AMl H*l J ii# lM«b 1M<6 01m OOC f OTt H-H* MM>
      794 words
    • Article
      Lock icon Oil crosses US$61, gold shines
      167 8 AFP [LONDON] World oil prices surged last week, as global supply concerns propelled them above US$6l for the first time this year. Gold and silver hit the wake of oil's rally. 4Mk Crude futures jumped on senAl* fArtWr#, indWMfig fcfflng stockpiles, tensions over Iran's nuclear
      AFP  -  167 words
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      72 7 r r If 1 r* o t --."-Ik j t:' V j ■p i —mmmmii» 1 r -wtwsr j ■rW<^ »|V^f k, I Jfl We look at things from a different perspective for the benefit of our clients. By building on our experience and expertise to spot future trends, we
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  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon TAKING ON THE CHALLENGES
      3908 10 THIS WEEK'S TOPIC How far does the Budget go in tackling the challenges facing the Singapore economy in a highly competitive, globalised world? In what respects, if any, does it fall short? BUSINESSES and individuals in Singapore cannot ask for more from the Budget to tackle
      3,908 words
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  • DINING OUT
    • Article, Illustration
      Lock icon The pleasures of Italian cuisine
      1197 12 Two restaurants, one just opened and the other introducing its new chef, give their take on modern Italian cooking NEW RESTAURANT Fabbrica ISB Dempsey Road Tel: €479-7808 THE towering mound of arugula salad leaves on the white plate. prettily-shaped leaves of deep green, glistening with
      1,197 words
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      1 12 Pontini
      1 words
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      169 12 f 4 KSV \yfl TDTWT4 Ranked Ist in Western Austraha for best teaching Vttm IVIUI\LAA-X1 perfomance DEST2OOS SSS: UNIVERSITY Rated 5 stars for Graduate Satisfaction for perth, western australia 11 out o* 12 years, an achievement unmatched by cracos pravtdar cod* *****J arty other Australian University Good Universities Guide •Top
      169 words
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  • SINGAPORE NEWS
    • Article
      Lock icon Medisave withdrawal limits to be raised
      565 13  -  MOH to raise caps for inpatient care, day surgery and widen scheme's use By CHEN HUIFEN SINGAPOREANS will soon be able to dip further into their Medisave to pay for hospital bills and diagnostic scans, after the Ministry of Health (MOH) yesterday said it
      565 words
    • Article, Illustration
      Lock icon FESTIVE CHEER
      62 13 HUNDREDS of beaming grassroots leaders attended a Chinese New Year garden party at the Istana late yesterday afternoon, hosted by Prime Minister Lee Hsien Loong and his Cabinet. Under a large red-and-white marquee on the Istana's circular lower lawn, the grassroots leaders took festive photos with PM Lee.
      DESMOND WEE/THE STRAITS TIMES  -  62 words
    • Article, Illustration
      Lock icon ElderShield to be updated, payout raised
      478 13  -  By MATTHEW PHAN PLANS are under way to update Elder Shield the government's insurance scheme for severely disabled elderly Singaporeans to raise the plan's payout significantly and also offer individuals more product choice, Health Minister Khaw Boon Wan said yesterday. The move also bodes
      478 words
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • Article, Illustration
      Lock icon Emerging markets may be losing shine
      782 14 Citigroup analysts say the region remans vulnerable to external shocks and valuations are no longer compelling. Daniel Buenas reports on their take on Asian equities and some markets in the region IN our previous article, we took a look at what 9ome experts expect
      Source: C group Investment Research, As of Nov 22, 06  -  782 words
    • Article, Illustration
      Lock icon A big event for two young entrepreneurs
      900 14 CAMPUS LIFE Events Architects has made steady progress with its emphasis on quality service, says JASON LOW EVENTS Architects, an event management company established two years ago by two 20-year-olds, may not be a household name in the event management industry today. But
      900 words
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      249 14 Be smart with your finances FANCY becoming the next Warren Buffett or George Soros? Or even the famous Robert Kiyosaki? Then read on. The Young Investors' Forum, part of the BT-Citibank Tertiary Outreach Programme, isn't another dry page out of your financial textbook. To complement our editorial content, we have
      249 words
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  • ECONOMY WATCH
    • Article
      Lock icon HK tax payers expect no big fiscal change
      794 15  -  They are, however, hoping for some goodies as bumper surplus expected By JANE MOIR in Hong Kong HONG KONG tax payers are hoping for a giveaway in the government's budget this year on Wednesday, but expect little in the way of major
      794 words
    • Article, Illustration
      Lock icon Talks under way for accord on Doha round: US
      496 15 AP [WASHINGTON] US Trade Representative Susan Schwab says tempers have cooled and talks again are under way to try to finally agree on the Doha round of multinational trade negotiations. The last session, in July between the European Union and the
      AP  -  496 words
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      26 15 OUT NOW! HMfe wki K/.- ■£§*< m ISSSQjf H|H i Ci M m 1 11 m^mtmmmmwW U »Macworld 2007 J »°Productivity PmMi^| v s I <S\/ www.hardwarlmag.com
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      Lock icon Page 15 Advertisements Column 2
      123 15 Hr*- j A pBPP I ...for making us I I No.l in I I Customer Service I Hi A recent Corporate Reputation Survey conducted by j^ e best H an independant research company rated us tops in Singapore companies with the best reputations mm the insurance industry for our customer
      123 words
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  • MALAYSIA
    • Article, Illustration
      Lock icon Cutting red tape: KL must show resolve
      609 16  -  MALAYSIA INSIGHT Acting on the recommendations of its handpicked Johor panel and Pemudah will demonstrate that it means business PAULINE NG KL Correspondent A SPECIAL advisory committee comprising a number of Johor's illustrious sons, including Malaysia's richest businessman Robert Kuok Hock Nien, is
      609 words
    • Article
      Lock icon EON Cap's bid for RHB gets big boost
      605 16  -  Utama reportedly scraps exclusive talks with KFH after heated board meet By S JAYASANKARAN in Kuala Lumpur KUWAIT Finance House's hopes of taking over RHB, Malaysia's fourth largest lender, received a blow over the weekend. It could be just what EON Capital
      605 words
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      144 16 v"^ v v I World's Best I I Contact Centre At Your Service B NTUC Income is the first Asian company to win the Contact Centre Achievements ■j Contact Centre World Best Technology Innovation <^_ H Award. This award recognises our efficient and a liili t A H innovative use
      144 words
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      Lock icon Page 16 Advertisements Column 2
      30 16 I I Union Energy's boss I I iftms watersidc^^J HtoZwiLSKUS ?i*«i --ti MjEHsr mb^M Bhotelon lhe^^p|fl p SMMH I ftß r y- >y T V A .'^^K ffi m I
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  • GREATER CHINA
    • Article
      Lock icon Xinhua Finance Media to raise US$371.5m
      388 17 It plans to sell 23.1 m depositary shares, applies to list them on Nasdaq Bloomberg [LOS ANGELES] Xinhua Finance Media Ltd, a provider of financial news and data on China's markets, plans to raise as much as U*****.5 million in a US share offering
      Bloomberg  -  388 words
    • Article
      Lock icon Beijing sets up task force on illegal trading
      186 17 Reuters [BEIJING] China has set up a top-level task force to damp down on illegal activities in the securities mar j ket, a government report said yesterday. China's Cabinet, the State Council, approved the body, which include the vice-chairman of industry watchdog
      Reuters  -  186 words
    • Article
      Lock icon Strong demand for Samling IPO
      275 17 [HONG KONG] Malaysianbased listing candidate Samling Global opened its retail subscription to overwhelming demand on Friday, with brokers predicting the allotment could become oversubscribed by more than 300 times. The Standard reported. The tropical forest and wood products company is aiming to raise up to
      275 words
    • Article
      Lock icon Sands Macao told to pay 16-year-old's jackpot
      222 17 Reuters [HONG KONG] Macau's gaming bureau has ruled that Sands Macao casino operated by Las Vegas Sands must pay an under-aged player's HK5740.000 (*****.100) jackpot winnings to her mother, a local daily said on Saturday. The Gaming Inspection and Coordination Bureau Macau's gaming
      Reuters  -  222 words
    • Article
      Lock icon New rules for social security funds soon
      122 17 AP [BEIJING] China plans to draft tough new regulations for social security funds, Xinhua news agency reported on Saturday, in a further attempt to clamp down on corruption. The new rules, to be drafted by the Ministry of Labour and Social Security, will
      AP  -  122 words
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      20 17 adio9t (3 I iffTfflHTEllffißß I Radio 91.3 is managed by J SPH Unionworks, a subsidiary of ttflP Singapore Press Holdings
      20 words
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      192 17 ■I /I IF V H I i ~w m Rk. H Global Equity Fund HH European Equity Fund Balanced Fund |H Global Bond Fund B Conservative Fund IH fB Growth Fund I Make your investment shine with NTUC Income's H I Top Ranked Funds I Looking for an investment with
      192 words
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  • INDIA
    • Article, Illustration
      Lock icon Foreign car makers in India look abroad
      584 19  -  In the lead as export leader is Hyundai subsidiary By SIDDHARTH SRIVASTAVA in New Delhi BESIDES tapping the domestic market, multinational car companies that have set up manufacturing bases in India haVe been looking to cater to the international market. The figures are
      AFP  -  584 words
    • Article
      Lock icon Goldman plans mutual fund debut in India
      236 19 [MUMBAI] New-York based Goldman Sachs, one of the world's oldest and largest investment banking firms, plans to enter the buoyant mutual fund business in India, according to the Business Standard newspaper. The company, vyhich severed ties with Kotak Mahindra Bank in March 2006,
      236 words
    • Article
      Lock icon Mukesh Ambani to raise stake in Reliance
      410 19 Bloomberg [NEW DELHI] Billionaire Mukesh Ambani and his associates plan to increase their stake in Reliance Industries. India's most valuable company, to remain majority shareholders. Reliance's board of directors approved the issue of 120 million warrants, convertible into an equal number of shares,
      Bloomberg  -  410 words
    • Article
      Lock icon Starbucks seeks year-end entry into India
      304 19 AFP [BANGALORE] Coffee giant Starbucks is in talks to open its first outlet in India by as early as the year-end to tap the growing affluence of the middle class in a nation of tea drinkers. "There have been ongoing plans, discussions with potential
      AFP  -  304 words
    • Article
      Lock icon Untitled
      534 19 STRAITS TIMES INDEX STOCKS Stock nam* Wt Oom Chang* Allgreen 0.53 1.730 Ascendasreit 0.95 2.630 -0.030 CapitaComm 0.63 3.000 +0.010 Capita Land 5.19 7.850 +0.050 CapitaMall 1.01 3.760 *0.120 Chart SemiCond 0.87 1.590 +0.030 CityOev 2.89 14.700 +0.200 ComfortDelGro 1.44 2.010 +0.020 CoscoCorp 0.96 2.880 +0.050 Creative Tech 0.27 10.300
      534 words
    • Article
      Lock icon Cut in rail passenger fares and freight charges expected
      285 19 Reuters [NEW DELHI! Indian Railway Minister Lalu Prasad Yadav could reduce some passenger and freight fares when he unveils his business plans for one of the world's largest rail networks today, analysts said. Indian Railways runs PMMK, uiation of Sweden and
      Reuters  -  285 words
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      35 19 t. H fl I I I I I I I Ilia A I I H BBM t "l]MWfiltflii^^M I •i > Members of The SIM Group SIH UNIVEfISITT SIN 6106 M. EDUCATION SIH PROFESSIONAL DEVELOPMENI www.releviliKe2doy.com
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  • MIDDLE EAST
    • Article
      Lock icon Bidding for Aqaba port to start in June
      486 20 PSA International expected to be potential bidder: shipping consultant Bloomberg [DUBAI] Jordan will start the bidding process in June for a US$3 billion project to build and manage a new port in the Red Sea city of Aqaba, as part of the
      Bloomberg  -  486 words
    • Article, Illustration
      Lock icon 9 parties bid for 3rd Saudi mobile licence
      404 20 Reuters [DUBAI] Consortiums led by Egypt's Orascom Telecom, South Africa's MTN and Kuwait's Mobile Telecommunications Co (MTC) are among those vying for a third mobile licence in Saudi Arabia, the Gulfs largest telecom market, the regulator said on Saturday. Saudi Arabia, the
      Reuters; FILE PHOTO  -  404 words
    • Article
      Lock icon Ascott set to open second Middle East property
      639 20  -  By CLARENCE MICHAEL in Dubai THE Ascott Group, Asia's biggest serviced-apartment operator, will be opening its second property in the Middle East, the 118-unit Somerset Juffair in Bahrain in April. At the same time it is scouting around for properties in Saudi
      639 words
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      712 20 yiMv«L ,-jjSH& *w^W IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF MG TECH SINGAPORE PTE LTD Company Reg. No. *****0235Z (In Members' Voluntary liquidation) NOTKE OF FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to section 308(2) of the Companies Ad, Cap. 50, that the
      712 words
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      219 20 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER Of HOUAND COLOURS SINGAPORE PTE LTD Company Rag. No. *****MMR (In Mimbifi* Voluntary Liquidation) NOTKE OF FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Mdton 308(2) of the Companies Act, Cap. 50, ritat the FINAL MEETING of
      219 words
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      837 20 Cats Notices M THE MATTER OF THECOMPANKSACT.CAP.SO AMD M THE MATTER OF ASIA BUSMESS VENTURE HOLDMQS PTE LTD (In Miwifcira' Voluntary Liquidation) NOTICE IS HEREBY GIVEN that the cradHurs of the ibovi MiMd oompiny, wNeh being wound up voiunMhr, am required on or Mora the 26th day of March 2007
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  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon KKR, Texas Pacific to offer US$32b for power firm TXU
      439 21 Buyout of Texas utility will be the largest private equity deal ever Reuters AFP [NEW YORK] Kohlberg Kravis Roberts Co (KKR) and Texas Pacific Group are set to offer about US$32 billion to buy Texas power company TXU Corp, in
      Reuters; AFP  -  439 words
    • Article, Illustration
      Lock icon Sanyo Electric under fire over alleged shady accounting
      437 21 AFP [TOKYOI Financially troubled Japanese electronics giant Sanyo Electric Co is facing sharp criticism for allegedly underestimating losses. The company admitted on Friday that it was under investigation by Japan's securities watchdog following the allegations. Its shares plunged 48 yen or 20.96
      AFP; AP  -  437 words
    • Article
      Lock icon Citigroup in talks to boost stake in Nikko Cordial
      455 21 Reuters [TOKYO] Citigroup is in talks to raise its stake in scandal-hit Japanese brokerage Nikko Cordial Corp to one-third in a US$2.B billion deal that would mark its resurgence in the world's second-biggest economy. Citigroup, the largest US bank, is in
      Reuters  -  455 words
    • Article, Illustration
      Lock icon Thai PM wants to exit politics after polls
      325 21 AP [KUALA LUMPUR] Thailand's military-installed prime minister has reiterated his plan to leave politics after elections this year, but news report yesterday. "I will take a rest," Prime Minister Surayud Chulanont said in an interview with Malaysia's national news agency, Bernama. "For
      AP; AFP  -  325 words
    • Article
      Lock icon STOCKS ASIA
      2746 21 Transaction date: Feb 23 For a full listing of the dosing prices, log on to BT Onlin* at http://6osiness-times.asia1.com.sg after 11.30pm every trading day HONG KONG v<x HKS '000 Aeon Credit .6.85 urxh 2 Aeon Stores .9.90 -0.05 20 Angang Steel 13.44 0.36 7704 Anhui Conch .2390 -1.10
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  • WORLD
    • Article
      Lock icon Resilience could be tested in coming week
      757 22  -  WALL STREET INSIGHT Economic reports due this week could turn investor sentiment negative By ANDREW MARKS in New York US STOCK market investors didn't let a slew of troublesome news from higher oil prices to negative guidance for future quarterly corporate earnings rattle
      757 words
    • Article, Illustration
      Lock icon Morgan Stanley CEO gets US$41.4m pay
      262 22 AP [NEW YORK! John Mack's 2006 pay package for his work as Morgan Stanley's CEO totalled US$4l.4 million according to a Friday filing by America's No 2 investment house. Mr Mack, who was swept back into power at Morgan Stanley in 2005, received a
      AP  -  262 words
    • Article, Illustration
      Lock icon Oscars: Do they fatten the bottom line?
      598 22 AP [LOS ANGELES] Movie studios spend millions of dollars this time of year touting the Academy Award nominations garnered by their films. But does an Oscar translate into box-office bucks? The answer is hard to determine, although most industry analysts and economists seem
      AP  -  598 words
    • Article
      Lock icon LSE-TSE tie-up is latest move in global battle
      470 22 ANALYSIS Demand for cheaper trading driving more links AFP [PARIS] An alliance between the Tokyo and London stock exchanges announced on Friday is the latest manoeuvre in a global battle to create a fully integrated, 24-hour world equities market, analysts said. Although
      AFP  -  470 words
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      132 22 To Celebrate With M A corporate gift. q company diner or just casual drinking, Le Vigne offers q large SCKC.I iOT\ OT WmKS -£ssjgj||Hg for cach occasion. by c 40 Holland Grove Rd. Tel: *****053 Club Card r.wfc-iMidow A\l| World of Exclusive Privileges Treats Club wtvux.dmers.com. sg International mm *mi
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      20 22 d v wMi iw nweber of dlnen par table 10%»ervice charge and 5% fer Wnd. and dinner daily, excluding •■'#%WkMoHdayA&«rfhAlfcHoliday
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      80 22 Also known as sea steak,the fish has so much to offer aside from taste and texture and known for its high content in protein and Omega-3 and low fiat level. Take your pick from baked salmon in pastry crust, charbroiled salmon with fresh herbs, baked salmon pasta aglio olio style
      80 words
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  • AVIATION/SHIPPING
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      Lock icon Charred Indonesian ferry sinks; one reporter dead
      587 23 More than 10 had boarded the ship which caught fire last Thursday Reuters [JAKARTA] An Indonesian ferry that caught fire last week, killing at least 42 people, sank yesterday as officials and journalists on board scrambled for safety. At least three people were
      Reuters  -  587 words
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      Lock icon German minister reacts to Airbus restructuring
      442 23 AFP [BERLIN] Germany's economics minister warned on Saturday against slighting his country in the upcoming restructuring of Airbus, a day after a newspaper report on possible factory closings. EADS, the parent company of crisis-hit Airbus, could announce this week the closure of four factories
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        Lock icon Cracks found on nine JAL plane pipes
        93 23 AFP [TOKYO] Japan Airlines Corp (JAL) has found cracks in pipes in nine of its 42 MD-90 airplanes including one which made an emergency landing last week, it said yesterday. JAL will investigate the cause of the cracks jointly with Boeing Co, the
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        Lock icon PIA says it is unaware of EU flight ban
        105 23 AFP [ISLAMABAD] Pakistan's flagship airline said on Saturday the European Union (EU) had asked it to modernise its fleet to meet safety standards, but denied any knowledge of a ban. Pakistan International Airlines (PLA) said it was unaware of a European
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      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2138 23 art hwt m ruma Mt SQ455 1225 AMMi LM9771 1740 LH9770 2350 SQ» '7* SQ269 2350 Mrtirto L***** 0645 KL636 2315 SO323 0645 L***** 2345 I0B7 'w xra« b«? A&fa SQ3«L0100 Aacktaad EK433 0130 LH9766 2100 UL2433 0130 NZ438S 2100 SQ282 0630 S0265 2100 IH9767 2015
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  • Page 23 Miscellaneous
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      222 23 CRYPTIC CROSSWORD things in extremis (6) iTHiHhT" -LJ-—J 13 Rooms in which honoured per- _1 lowing active duty (6) 31 US hard on wayward republic (8) 14 Mediocre state coming with ma- YESTERDAY'S SOLUTION 1 Daughter Jane, a striking person ture years (7) Across: 1 Short shrift, 9 Tuba, 10
      222 words
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  • Article
    Lock icon SINGAPORE STOCKS
    9828 24 SGX MAINBOARD Week ended: Feb 23 SMft W UM Vol WMk UrtQuota M» GrYW Nat MCip nwi Lw cwk ciwum s«i« w- cwa> hw> i—r tuy sdhr cv hi sJ 15 1 5716 iff 2 SUSP M ,15 6 3141 10.5 3481 11 10 10.5 11 49 18
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  • Article
    Lock icon FINANCE & COMMODITIES
    6318 25 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES hi leal am tot* miKS <ty r dy yr dy %yr M)H Osanga Chang* Oum)» Oung* Oxoq* Ch«ng« TteWlttMWNImHiiv ***** 00 39 0.1 02 3.7 ***** 03 S3 0-6 4J 07 47 EuomPral—un ***** OJ 4.1 06 3J 07 3.9 Paafc 1067.4 0.6
    6,318 words
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      1459 26 UK CONTINENT SERVICE U.M SERVICE Destination Destination MARITIME PEACE RDM/ATW/BMN/TLB/NAN STXPOTBN CAM/NFK/NOL/SAV load. Indent Lood, E./W. Malaria, ln<k»»»a WPPL&EAST SERVICE REJS.EJL SERVICE Destination PAN VOYAGER JDH/DMT/BJA Destination J SAFE DBI/ABU/DOH/BRN/DMM/KWT STXPOTBN INC/BSN DO MASTER DBI/ABU/DOH/BRN/DMM/KWT Loads Singapore, E./W. Malaysia, Indonesia loads E. Malaysia, Indonesia OTHER SERVICES Tramping for bulk, breakbulk,
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      648 26 bTOAgAKOtOWViq wmsnt mhi wcwnm km to sm jct siunsomsss 30 4 01/03 11/03 13/03 I STIA/TS BOTfSS 4 30 4 11/03 25/03 27/03 [sTUmEgtBSt I 30 I 4 22/03 2S/03 27/03 j lAUSTRALIAN RORO snvicc 1 sw sri mm m nlai ia POSm«l£MB/07 100 Si 21-21/01 1111/02 13-13/02 15-11/02 1111/02
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      1256 27 WAN HAINTBINATIONAL Plf LTD a Nft l46*snooN/R I W\WAN HAI LINES SSEr.. V— Jw&msMßJMJtivtßumsa&inDiifMnFuinDsmm/BviM —i—. JCT VI) DM 100 HUL mi) *****1 UML 71UN/7UMI HUL7IU7* www.wwwi.tf.if U: N*l) *****P BUfc M*l| 41SWK/41C1W km sw ws aw wc wwr on no ra «ws iwo ra mm mini Imm vAt iw ow
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      1069 27 |~jr\ EASTERN CAR LINER, LTD a MdH j SPEQAUZiIW ROUP 4 HEAVY UFT UPTO 450 TOMS |nMa>sawa |wr| h m*il |nt nun mw) r— |mt |sw lcb nn [mumms] BBBJK m so ~vW a/w ""oXftT Q//Q3 MISM 43 30 30 "H/ST 03/03 tttmtmiia 'ir~g ig~~n7r~r~ ~W~ MBAA2UL 13 35 10
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      693 27 Si WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICO POINTS «sa I WT I sn I turn axono i attk I gnome 1 II IB Mia SS OtlMi mwamt mum 818- 2»B MIW ffMtf HIM Mowmm mm urn vm iomi wj M MIO MVMS Kl 10
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  • THE BUSINESS TIMES SHIPPING TIMES
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      Lock icon THE BUSINESS TIMES Shipping Guide Export
      6067 28 ETA ETA Mnwlkm Vassal Vayaga Tslsphom SB BasTa —a —*ar —*ar mnnmnhnmhhhmnnmmhnmnnhmnmmmnnhn^ To ABIDJAN (ABJ) 2003 Cot* D'lvoire 07/03 16/04 DHM DELMAS CAMEROON 712W *****344 18/03 IS/04 Mm* URSOLAOEIMAS 713* 63)***** 1V03 23/04 OekNS URSULA DFLMAS 713W *****344 To ADELAIDE (ADL) 2007 Australia 11/03
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      429 28 Ivtssit voy ma. sm Karachi px» rab pmm bmc ichor ■ANSHAHRYAR KL SIM 25/02 26/02 07/03 10/03 11/03 17/03 19/03 21/03 ■AN RAARAB KL RIS9 07/03 03/03 17/03 20/03 21/03 27/03 29/03 31/03 ■AWSATOUM KL 3190 09/03 10/03 19/03 22/03 23/03 29/03 31/03 02/04 lira VOT SM MMW9RVA Mill MM
      429 words
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      276 28 -iSbn nana ftu S8o fffism Sta SJsi BW -Bg-=ji==y= IB =I=o H ll lihrlMiilirißllir'l HHAK IQWTAMO I tfl I ti/M M/M I ft IMmM Willi M/M I>/M 14/W >5/83 Marti f lM(kb| f UkmH Vwl «j m -g~TIJ~ *i »l »> *1 *i m *i pac java (ran li/n i«/n
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      269 28 f jail GLORY MHGATNN GROUpI I (swa i»7o) I I OWNS A OPERATES THE YOUNGEST FLEET TWELVE 7,000 DWT TWEEN DECKERS < I (VMN| a J THE DfTNtE ASM PACIFIC PORTS I REGULAR WBKLY SHtVKXS: m KAOHSIUNO A CHINESE PORTS, HONO KONG I TO A FROM I I SOUTHEAST ASIA
      269 words
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  • BizIT
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      Lock icon Piracy whistle-blowers on the rise
      674 30  -  The BSA has seen a sharp spike in the number of corporate software piracy tip-offs since the revision of Singapore's copyright laws and the launch of its anti-piracy hotline, reports WINSTON CHAI WINSTON CHAI Mk COMBINATION of fear, greed and exasrperation is prompting more and
      674 words
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      Lock icon <what's up>
      19 30  - &lt;what's up&gt; Compiled by WINSTON CHAI free packages from an online Chinese learning New regional head at F5 Networks
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      Lock icon Telecom's billion-dollar dilemma: a killer app to get users to bite
      1022 31  -  Mammoth 3GSM show in Barcelona sought to resolve the industry's crisis By KENNETH JAMES THERE was, as one would expect, a lot of tech-in-spired flash at the recent 3GSM World Congress in Barcelona, the major annual showcase for the
      Source: Inform Thomson & M  -  1,022 words
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      Lock icon Half of mobile phones sold in Dec 3G-enabled
      767 31  -  By AMIT ROY CHOUDHURY FIFTY per cent of all new phones sold during December last year were third generation (3G) enabled phones, according to a new survey that finds Singaporeans very technology savvy and quick to upgrade their mobile phones. The survey
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      Lock icon <what's new>
      26 31  - &lt;what's new&gt; Compiled by WINSTON CHAI Panasonic goes for the truly big picture The company has inveiled a 3G version Nokia talks business with new E65
      26 words
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      Lock icon SAS Singapore doubles new licence revenue
      387 31  -  By ROLAND LIM THE Singapore arm of business intelligence software vendor SAS last week pulled out a set of 2006 results that it said outpaced the company's overall growth, fuelled by strong demand from the financial services industry as well as the public sector
      387 words
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      Lock icon Driving the Sentosa Express
      774 32 BT ADVERTORIAL The Sentosa Express by Hitachi is now open to the public and boasts advanced monorail technology that offers passengers a safe, reliable ride SINCE January this year, getting to Sentosa has become a breeze with the $140 million Sentosa Express monorail system that was
      774 words
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      68 30 Oracle Fusion Middleware Industry Leaders Rely On i. Oracle Identity Management BRITISH AIRWAYS (WplngersoHßand QualcoaamI Oracle Fusion Middleware Hot-Pluggable. Comprehensive. Single Sign-on—Access Management—ldentity Administration User Provisioning Federated Identity Virtual Directory—LDAP Directory—Web Services Management oracle.com/middleware or call 1.800.672.2531 Copyright 2006. Oracle. All rights reserved. Oracle, JO Edwerds, People Soft end Siebel
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      6 30 Telecom Industry's billion-dollar dilemma PAGE 31
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      1848 31 Cats Notices IN THE MATTER OF THE COMPAMtt ACT, CAP. SO AND M THE MATTER OF IGLOBAL SERVICES^PTEJ-TD^ NOTICE IS HEREBY GIVEN that toe credNors of tM ibow nwd company, which it being wound up votuntorßy, are required on or before the 26th day of March 2007 to aend In
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      5 32 For more information, contact: industrial@has.hitachi.com.sg
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      123 32 At Hitachi, no matter where we are, we are continually innovating and asking ourselves, "What will the next generation need?" This simple philosophy of inspiring the next has made us a world leader in a wide range of technologies for every aspect of your life &lt; from consumer electronics like
      123 words