The Business Times, 6 April 2007

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Microfilm: NL27379
Total Pages: 28
1 28 The Business Times
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  • Title Section
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    22 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asia 1 .com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION MICA (P) 202/12/2006 Friday, April 6,2007
    22 words
  • Article
    Lock icon IR work gives a fillip to S'pore law firms
    423 1  -  Their construction practices benefiting the most right now By WEE LI-EN [SINGAPORE] Lawyers are getting their feet wet with work on the upcoming integrated resorts (IRs). Harry Elias Partnership (HEP), which is acting for Marina Bay Sands, says the project is
    423 words
  • Article, Illustration
    Lock icon Green is the colour of money as banks ride new wave
    922 1  -  From eco-themed stock indices to green business, banks in S'pore are raising awareness among investors By MATTHEW PHAN [SINGAPORE] You've read about it in the papers. You've seen it in awardwinning documentaries. Month by month, climate change seems to
    AP; REUTERS  -  922 words
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      44 1 LEAGUE Elfish fans ciy foul over ■mn SINGAPORE ARTS FESTIVAL 30 and still going strong PAGE 28 ■1 IBi^b» JEWEL IN THE ISKANDAR CROWN The final part and the highlight of KFs special on the massive Iskandar development region in Johor page 9 Omega
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      59 1 The UN Global Business Summit For The Environment Jk April 19-20, Shangri-La Hotel, Singapore Check out our two-page special on the environment MGES4&S GOING GREEN The tide is turning on climate change PAGE 4 An eco-fnendly pest control business page 4 Konzento incubate start-ups with EDB PAGE 5 Illllllil B
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  • TOP STORIES
    • Article
      Lock icon Emerging economies notch up strongest growth since 1997
      568 2  -  World Bank report also warns of new challenges that could hit growth By ANTHONY ROWLEY in Tokyo ASIA's "emerging" economies enjoyed their strongest overall growth last year since crisis struck the region in 1997 and growth should moderate only slightly this year,
      568 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      489 2 US private equity giant KKR to pay $1 b for MMI IN yet another major foray into Asia, US private equity giant Kohlberg Kravis Roberts Co (KKR) is acquiring Singapore's MMI Holdings for $1 billion. Precision Capital Pte Ltd, owned by funds affiliated with and advised by KKR,
      489 words
    • Article, Illustration
      Lock icon IMF warns of spillover if US economic slowdown spreads
      394 2 Cooling housing market alone not a big danger, it says Reuters Bloomberg [WASHINGTON] The US economic slowdown is still being driven largely by a cooling housing market, but any spillover into the rest of the world should be limited as European
      Reuters; Bloomberg; REUTERS  -  394 words
    • Article
      Lock icon MARKETS DIGEST
      46 3 sn 3,345.86 (+12.94) ST INDEX FUTURES 3331.00 (+12.00) siMsa ***** (+1.09) SIMSG FUTURES ***** (+2.70) PRIME RATES SINGAPORE 533 MALAYSIA 6.74 HONG KONG 7.75 INDONESIA 14.168 TAIWAN 5.926 JAPAN 1.875 KOREA 9.33 BRITAIN 5.25 US 8.25 CANADA 6.00 SWITZERLAND 3.96 INDIA 12.25 Source: Bloomberg
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    • Article, Illustration
      Lock icon Titan Petrochem to add shipyard to its business
      601 3  -  By RONNIE LIM [SINGAPORE] Singaporeowned. Hong Kong-listed Titan Petrochemicals is moving towards even greater integration in its oil business by injecting into the group a new US$3OO million shipyard which founder Tsoi Tin Chun is building in his birthplace in Fujian. China.
      601 words
    • Article
      Lock icon Red faces in Hong Kong over tourism scams
      557 3  -  Govt acts to control damage, revise consumer laws By JANE MOIR in Hong Kong A SERIES of tourism scams have embarrassed the Hong Kong government as the city struggles to shrug off tales of ill-treatment of mainland visitors who arrive by their
      557 words
    • Article
      Lock icon US private equity giant to pay $1b for S'pore's MMI
      553 3  -  Moves to take company private through a scheme of arrangement By KALPANA RASHIWALA [SINGAPORE] In yet another major foray into Asia, Kohlberg Kravis Roberts Co (KKR) the US private equity giant best known for its legendary 1988 takeover of RJR
      553 words
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      100 2 I people Corporate matchmakers. WWW tfv;| >•:< ipltMtW Ilk.(1)111 Asul P.lClfll LxHC.lltlVH Sti.lK ll Luxurious Fh* Star Resort Jet tn Cybcrtya Wiring Service; 74 Guest Rooms ft Suites Internet to Every Goest Resort Wide Hljh Speed Broadband Sevtce TteeeUnkye Restaurants, Lounge Ik Fun Spf, PftngTirmm I lartrttiaH Compllmentaiy Daty Shoppfey
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      21 2 SCORE CARD Keep your Investors informed by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg.
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      22 2 HOT IPO Attract more interest from investors. Place your IPO notice in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. NOTICES
      22 words
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      587 3 BT ONLINE BT print subscribers get free access to the Business Times Online. To activate your account log on to http://business-times.asia 1 ,com.sg. For more information, e-mail btocs@sph.com.sg orcall 6388-3838. Ms Penny Bum yoy,- pjcfc from our vast selection of the finest and most exquisite international wines Deputy High Jp\
      587 words
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  • FOCUS: ENVIRONMENT
    • Article, Illustration
      Lock icon The tide is turning on climate change
      699 4  -  Companies find it makes economic sense to be eco-conscious, says PAMELA CHEW PAMWLA CHEW OF LATE, the business community has been abuzz with talk of going green. And the urgency to stem the dangers of global warming is driven not by a sudden
      AP PHOTOS  -  699 words
    • Article, Illustration
      Lock icon Origin-ator of eco-friendly pest control business
      669 4  -  By PAMELA CHEW A PEST control business winning even one award for being environ-ment-friendly might sound a bit of a contradiction, but not so for the fami-ly-owned company Origin Exterminators which has taken two awards for being eco-friendly. In an industry that relies heavily
      669 words
    • Article
      Lock icon Konzen to incubate start-ups with EDB
      819 5  -  It will help market water technology, reports MATTHEW PHAN MATTHEW PHAN IT IS a little surprising that Singapore's first recently appointed business incubator for water technologies does precious little business locally, and moved its headquarters here from Malaysia only last year. There are other
      819 words
    • Article
      Lock icon Still cold to green products here
      423 5  -  By MATTHEW PHAN THE Singapore market is generally less receptive to green products than other developed markets, even though the government has pushed for more environment-friendly practices, says a maker of eco-friendly carpets. "Singapore is unusual at the moment." says Rob Coombs, president and
      423 words
    • Article, Illustration
      Lock icon Full eco-friendly business sustainability still elusive: UN
      563 5  -  By MATTHEW PHAN SINGAPORE is fortunate to have a strong, centralised government guiding practices in clean energy and water, say representatives of the United Nations (UN), but they go on to warn that no country has achieved complete sustainability and say that individual
      FILE PHOTOS  -  563 words
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      315 5 m —i. > BMAAIft M■ fl AS4SAA most fconic ciiios^ A «4M Lon«y Planet CWescape* (worths£&^flp 11[ Katmandu Hong Kong, wlfi be your* when 3 V subs|gg|to The Business Times. ptus **mmfr Im9 "MEP*** c WM youf Yes! I would like to subscribe to 1 year of The Business Times
      315 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon 'Buy' calls help fuel second-line fever
      527 6  -  STOCKS Positive property news flow boosts stocks in property and banking and lifts the ST Index to new high R SIVANITHY Senior Correspondent Property, Wail street, and a flood of "buy" reports from analysts working overtime to keep churning out plausible stories and ever-higher
      527 words
    • Article, Illustration
      Lock icon Untitled
      922 6 SECURITIES TRADING SCOREBOARD MAIN SOQ TOTAL Up Down Unch Up Down Undi Up Down IMdi Multi Ind 7 7 1 0 0 8 3 7 Manufacturing 98 40 69 15 13 17 113 53 86 Commerce 33 15 25 7 7 6 40 22 31 Tpt/Stor/Comrm J2 13 15 0
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    • Article, Illustration
      Lock icon BROKERS' TAKE
      675 6  -  Compiled by UMA SHANKARI Delong Holdings April 5 dose: $0.28 KEUVE RESEARCH, April S BRIGHTER outlook: We are turning positive en Delong on the back of an improved sector outlook and better demand-supply dynamics. HRC prices have held firm at above 4.000 yuan (SS7B4) per MT in IQO7
      675 words
    • Article, Illustration
      Lock icon US$ steady against euro; sterling down
      482 6 CURRENCIES Reuters [LONDON] The dollar was steady versus the euro yesterday as investors awaited today's US jobs report for fresh impetus, but firmed against sterling after the Bank of England (BOE) held British interest rates steady at 5.25 per cent. Speculation over the BOE's
      Reuters; BLOOMBERG  -  482 words
  • Page 6 Advertisements
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      30 6 GOOD CORPORATE GOVERNANCE Create greater transparency for your company by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. L' M Si? 21 2 x
      30 words
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  • COMPANY NEWS
    • Article
      Lock icon Happy ending in sight for MFS?
      639 7  -  HOCK LOCK SIEW By CONRAD RAJ IT HAS been over a year since Nasdaq-listed MultiFineline Electronix Inc (MFlex) decided to make a voluntary general offer for all the shares of mainboardlisted WBL Corp (Wearnes) subsidiary MFS Technology, which is also listed on the Singapore
      639 words
    • Article
      Lock icon Shareholders OK sale of Daka's business
      486 7  -  AGM WATCH Company can now look for new business via RTO By MICHELLE QUAH SHAREHOLDERS of Daka Designs gave the thumbsup yesterday to the company's proposal to sell its entire business to its parent and start afresh as a listed shell company. Their approval
      486 words
    • Article
      Lock icon COMPANY BRIEFS
      267 7 Ezra sells stake in Uni-Bulkfor 14.4m EZRA Holdings has sold its entire 30 per cent stake in Uni-Bulk Holdings for $14.4 million. The book value or net tangible asset value of the shares is $13,977 million. Cambridge Trust in MOU to buy building CAMBRIDGE Industrial Trust has entered
      267 words
    • Article, Illustration
      Lock icon Bigger pay packages for UOB chairman, deputy
      347 7  -  By WONG WEI KONG UNITED Overseas Bank (UOB) will be paying its chairman and chief executive Wee Cho Yaw more, on the back of record profits in 2006. In its latest annual report, UOB disclosed that Mr Wee's total compensation for 2006 will
      FILE PHOTOS  -  347 words
    • Article
      Lock icon DBS Asset Management chief quits
      165 7 Reuters RONALD Howe, managing director of Singapore's DBS Asset Management, has resigned after working for South-east Asia's biggest banking group for seven years, the bank said yesterday, confirming an earlier Reuters story. "In the last seven years, Ronald has assumed various functions within the bank,
      Reuters  -  165 words
    • Article, Illustration
      Lock icon CapitaLand buys Shanghai site for 33.25m yuan
      263 7  -  By KALPANA RASHIWALA CAPITALAND continues to expand its China residential business. The property giant said yesterday that it is acquiring a 95 per cent stake in a company whose sole asset is a 1.53 million square foot site in Shanghai's Qingpu district. Capita
      263 words
    • Article, Illustration
      Lock icon Hi-P Int'l opens its second plant in Poland
      230 7  -  By JANICE HENG SINGAPORE-headquar-tered contract manufacturer Hi-P International has opened its second plant at Wroclaw, Poland, with a ceremony attended by ambassadors of both countries. Hi-P executive chairman Yao Hsiao Tung told BT the new plant, which covers about 20,000 square metres
      FILE PHOTO  -  230 words
    • Article
      Lock icon Legg Mason buys 5.3% stake in Asti
      283 7  -  By JANICE HENG LEGG Mason has become a substantial shareholder of semiconductor company Asti Holdings, paying $7.2 million for a 5.3 per cent stake. The 30 million shares which the US-based global asset management firm acquired was part of a block of about
      283 words
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  • SINGAPORE NEWS
    • Article
      Lock icon Spring funds management courses for SME workers
      208 8 SPRING Singapore has launched a funding programme to help workers at small and medium enterprises learn new skills. Spring has put aside $20 million for the next five years to train SME staff in financial and technology management. "I am delighted to announce
      208 words
    • Article, Illustration
      Lock icon GE's centre helps lift business efficiency
      602 8  -  Its Energy unit sees demand for environmental services to rise too By BENITA AW YEONG GE sees great potential in OC (optimisation and control) and environmental services business. GE Energy's Asian Customer Application Center, which opened last year, was one of the main tools
      602 words
    • Article
      Lock icon Two CityDev projects get Green Mark Platinum awards
      200 8 CITY Developments Ltd (CDL) has been conferred two BCA Green Mark Platinum awards by the Building and Construction Authority (BCA) for 2007. CDL won the awards for its City Square Mall commercial development and its Oceanfront Sentosa Cove residential project. It is
      200 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      2299 8 UNIT TRUSTS FUNDS »>« vrmti »«m*usdc*mu» M4M» smimn ijwm o mbimuka mw mmm/i iMinvn ontawi imam Mariana* AH* (M n*M»G***iAM)BT USD QJB SBMliapifeh) 120MOJ0M 0«MltUH >6 jl/ tn» Xmf tMrmiOlt (too fc* AO I UBUi AaAm»Mw»8EU« 15* fiMytaiCMia II* SC had 1JKMJN* 17S3A U»W UUC*M*K*aa*nT* #lM24)l9>t, ivm&ki UWH »rn»mm *mf
      2,299 words
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      31 8 Allianz Global Investors one of the world's largest asset managers with more Allianz (j[j) than US$l.2 trillion assets under management as at 31 December 2006. ciobai investors company regn. no 1995/071b9Z
      31 words
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  • ISKANDAR PROJECT
    • Article, Illustration
      Lock icon Breathing life into Johor's waterfront
      2105 9  -  Danga Bay Waterfront City, together with greenfield developments in Nusajaya, has lifted hopes of a property revival in the state PAULINE NG KL Correspondent SELF-MADE entrepreneur Lim Kang Hoo knows a good thing when he sees it. On a helicopter ride around the Johor Straits,
      PHOTOS: FILE PHOTO, BLOOMBERG  -  2,105 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Region takes steps to prevent economic crisis
      582 10 ASEAN FINANCE MINISTERS' MEETING It mulls multilateral scheme using foreign reserves from each member AFP (CHIANG MAI] Asean finance ministers yesterday vowed to strengthen measures to head off any repeat of the 1997 economic crisis that traumatised the region for years afterwards. Thailand,
      AFP; AP  -  582 words
    • Article
      Lock icon Thailand, Singapore to make Asean bond push
      276 10 Reuters [CHIANG MAI] Thailand and Singapore will work to establish electronic bond trading in a bid to deepen South-east Asia's bond market. Thai Finance Minister Chalongphob Sussangkarn said yesterday. The Thai-Singaporean effort is a first step towards creating an "Asean bond portal" which
      Reuters  -  276 words
    • Article
      Lock icon US trade protectionism will hurt all sides: China
      307 10 Beijing vows to continue gradual reform of currency Reuters [MUMBAI] US trade protectionism against China will hurt not only the bilateral parties involved but also the rest of the world, China's deputy central bank governor said here yesterday. Wu Xiaoling told reporters
      Reuters  -  307 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Hutch heats up price war in Indon telecoms sector
      635 11 [JAKARTA] With the services on offer mostly the same, the tight competition in Indonesia's crowded wireless telecoms market has led to a no-holds-barred price war and massive ad spending, says a report in Jakarta Post. This month, the war is about
      AFP  -  635 words
    • Article, Illustration
      Lock icon Plan for Johor free access zones scrapped
      319 11 A smart card will be introduced to allow foreigners to enter state from S'pore Bernama [JOHOR BARU] Malaysia has scrapped a plan to create two proposed free access zones (FAZs) in Johor in which foreigners could live and work without being subject to
      Bernama; FILE PHOTO  -  319 words
    • BRIEFLY ASIA
    • Article
      Lock icon Affin stake sale deal likely by year-end
      234 11 Reuters [KUALA LUMPUR] Malaysian group Boustead Holdings Bhd said yesterday it wanted to finalise talks to sell a stake in its Affin Holdings Bhd bank associate to Hong Kong's Bank of East Asia by year-end. Affin, Malaysia's sec-ond-smallest lender, joins EON Capital Bhd
      Reuters  -  234 words
    • Article
      Lock icon Scotiabank open to talks on buying RHB stake
      339 11 It says it's keen to leverage on M'sian bank's network [KUALA LUMPUR] Bank of Nova Scotia (Scotiabank). Canada's third-biggest banking group, said it is open to the idea of buying a stake in Malaysia's RHB Bank. Scotiabank senior vice-president for AsiaPacific and
      339 words
  • Page 11 Advertisements
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      1326 11 &MAVERIC MAVERIC LTD (Company Registration No: *****1583G) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Waterfront Ballroom 3, Level 2, Grand Copthome Waterfront Hotel. 392 Havelock Road, Singapore *****3 on Thursday,
      1,326 words
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  • GREATER CHINA/INDIA
    • Article
      Lock icon Tata Tele may sell stake in unit to Temasek
      357 12 Indian firm looking to divest up to 20% of its infrastructure subsidiary The Economic Times [NEW DELHI] Tata Teleservices Ltd (TTSL) is understood to be in talks with Singapore's Temasek Holdings and some other private equity players about divesting a sizeable
      The Economic Times  -  357 words
    • Article, Illustration
      Lock icon Macau booms as Chinese gamblers flock there
      647 12 Gross gaming revenues in 2006 stand at US$7.2b AFP [MACAU] Glitzy Americanstyle casinos, cheap shopping and family entertainment are pulling millions of Chinese tourists to Macau, making it the world's biggest gaming draw bigger even than the legendary Las Vegas Strip. Thanks to
      AFP  -  647 words
    • Article
      Lock icon China will be largest car maker in Asia-Pacific by 2010: report
      263 12 It will overtake Japan with output of 11m vehicles AFP [BEIJING] China will overtake Japan to become the Asia-Pacific's largest car maker by 2010 with an annual output of 11 million light vehicles, an international research firm said yesterday.
      AFP  -  263 words
    • Article
      Lock icon Anti-graft agency nails ex-minister's millions
      123 12 AP [HONG KONGI Macau's former transportation minister, detained on suspicion of corruption, acquired assets worth more than 800 million patacas (*****.5 million) during his seven-year term, an anti-corruption agency said yesterday. Former minister Ao Man-long's wealth was 57 times more than he and his wife
      AP  -  123 words
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      1611 12 Hotel Properties Limited 50 Cuscaden Road #08-01 HPL House Singapore *****4 Co. Reg No *****0348Z NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Twenty-Seventh Annual General Meeting of the Company will be held at Crescent Ballroom, Level 2, Four Seasons Hotel Singapore, 190 Orchard Boulevard, Singapore *****6
      1,611 words
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  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon SEC proposes changes to panel revisions
      271 13 It's addressing company concerns Sarbanes-Oxley Act is too onerous Bloomberg [WASHINGTON] The US Securities and Exchange Commission (SEC), trying to address concerns that the Sarbanes-Oxley Act is unduly burdensome and expensive for companies, has urged a regulatory panel to follow its lead in revising
      Bloomberg  -  271 words
    • Article, Illustration
      Lock icon PRETTY PARADE
      40 13 Reuters Models wearing traditional mantillas pose during the Holy Week in the Andalusian capital of Seville, southern Spain yesterday. Hundreds of Easter processions take place round-the-clock during the Holy Week in Spain drawing thousands of visitors. —Reuters REUTERS
      Reuters; REUTERS  -  40 words
    • Article
      Lock icon ABN deal would boost Barclays' wealth clout
      561 13 Reuters [ZURICH] A successful bid for Dutch rival ABN Amro would propel Barclays into the world's 10 biggest wealth managers, but there are huge risks touchy millionaire clients could defect after a merger. The UK bank wants to lure more wealthy clients through
      Reuters  -  561 words
    • Article
      Lock icon EC to force Microsoft on Windows info: report
      212 13 AFP [LONDON] The European Commission will force Microsoft to hand over what the US software giant claims is sensitive and valuable technical information about its Windows operating system for almost no compensation, the Financial Times reported on Wednesday, citing a confidential document.
      AFP  -  212 words
    • WORLD WATCH
    • Article
      Lock icon Google's execs take US$1 salaries
      143 13 Reuters [SAN FRANCISCO] Google Inc paid its top three executives a token 2006 salary of USsl each for the third year running, and bonuses of U551,723 a piece, according to the company's annual proxy filed on Wednesday. The pay-package belies the wealth of co-founders Larry
      Reuters  -  143 words
    • Article
      Lock icon Saudi payments part of deal, says BAE
      217 13 Reuters [LONDON] BAE Systems has confirmed that "support services" were paid for and provided to senior Saudi Arabian officials as part of a major arms deal, the Financial Times said yesterday, citing an official account. The company touched on the nature of payments
      Reuters  -  217 words
    • Article
      Lock icon BURSA MALAYSIA
      2472 13 vol KM W- rooo) A8M Realty 1.71 -0.01 2 Abric Bhd .0.33 0.01 48 Acp Industries 1.79 -0.03 85 Advance Synergy .0.41 0.01 ***** Adventa Bhd .0.91 -0.02 85 Ae Multi Hldgs .0.34 -0.01 65 Affin Holdings .2.35 0.02 3192 Ahmad ZakiResou .2.68 -0.03 17 AicCorp 0.61 0.02
      2,472 words
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  • AVIATION
    • Article
      Lock icon Passenger rights: EU gives airlines 6 mths to comply
      574 14 European Union regulators to conduct checks at airports AP Xinhua [BRUSSELS] The European Commission on Wednesday gave airlines and member states a six-month deadline to meet the European Union rules for better protection of passenger rights. European Union regulators pledged to
      AP; Xinhua  -  574 words
    • Article
      Lock icon Airbus parent EADS appoints new German co-chairman
      9 14 Reuters (Paris)
      Reuters  -  9 words
    • Article
      Lock icon Boeing crosses 500 orders for new 787
      9 14 AP (Everest)
      AP  -  9 words
    • Article
      Lock icon MAS and Alitalia sign code-share accord to boost traffic
      217 14 Bloomberg [KUALA LUMPUR] Malaysian Airline System Bhd, the nation's biggest carrier, and Alitalia SpA, Italy's biggest, yesterday signed an agreement to sell tickets on each other's flights to increase traffic on overseas routes. The so-called code-shar-ing agreement will give Malaysian Air's
      Bloomberg  -  217 words
    • Article
      Lock icon Emirates Post plans to buy 50 planes by 2012 for expansion
      228 14 Bloomberg [DUBAI] Emirates Post, the state-run postal service of the United Arab Emirates, plans to acquire 50 planes from either Airbus SAS or Boeing Co by 2012 to expand airfreight operations. The postal service also is planning a share
      Bloomberg  -  228 words
    • Article, Illustration
      Lock icon A380 proves to be a gentle giant
      456 14  -  By VEN SREENIVASAN [SINGAPORE] "Smooth" and "quiet" were how many of the Asian journalists on board a test flight of the giant Airbus 380 described their airborne experience recently. Inside, the plane's vast size was plain to the 70 journalists who took the
      FILE PHOTO  -  456 words
    • Article
      Lock icon Comair takes partial blame for fatal crash
      270 14 AP [LEXINGTON, Kentucky] Comair admitted to US investigators that its pilots were partly responsible for an airplane crash that killed 49 people, but the company also said better systems for alerting airlines to taxiway changes might have prevented it. The National Transportation Safety
      AP  -  270 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2334 14 cut Htsm cta yuan no AfcaMwM SQ455 1230 AJlllHl LH9771 1750 LH9770 2345 S0268 1750 SQ2W 2345 «*"»<«*■< SQ531 0740 tomrif L***** 0630 AZ3993 2245 SO323 0630 KL838 2245 AZ3992 1555 *****2 2345 KL837 1555 SQ324 2345 AttWfM SO348 0100 Atlanta AC5202 2335 AC5203 0645 UA»95
      2,334 words
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  • SHIPPING
    • Article
      Lock icon Shipping rates for coal, iron ore may hit record
      626 15 Bloomberg [SINGAPORE] Shipping rates for iron ore and coal may rise to a record this year and gain further until 2010, driven by demand from China and port bottlenecks, executives and analysts said. "We could see a record level for moving
      Bloomberg  -  626 words
    • Article
      Lock icon Somali pirates demand ransom for ship
      122 15 AP [NAIROBI] Somali pirates are demanding USS2O,OOO for the return of an Indian-flagged merchant ship and its crew, officials said yesterday. The pirates, armed with assault rifles and rocket-propelled grenades, seized the MVNimatullah and its 14-member crew off the coast of Mogadishu early on
      AP  -  122 words
    • Article
      Lock icon Outbreak of war considered in damages assessment
      788 15  -  ADMIRALTY CASEBOOK By SELVA KUMAR THE HOUSE of Lords in the UK last week upheld a decision that a charterer only had to pay damages from the time it terminated a charter until the outbreak of the Iraq war and not the full
      788 words
    • Article, Illustration
      Lock icon Box rate fears unfounded: Cosco
      472 15  -  Several factors seen tempering expected capacity oversupply By DONALD URQUHART [SINGAPORE] Fears that a substantial gap between supply and demand in the container shipping industry would lead to a collapse in freight rates are unfounded, according to a senior Cosco Container Lines executive, who said
      FILE PHOTO  -  472 words
  • Page 15 Advertisements
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      Lock icon Page 15 Advertisements Column 1
      2265 15 BREADTALK GROUP LIMITED (Incorporated In thi Republic of Singapore) (Company ReQ. No. 20Q3G*****) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of BreadTa* Group Limited (the Company") will be held at 171 Kampong Ampat *05-05. KA FoodUnk, Singapore *****0 on Monday. 30 April 2007
      2,265 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon What exactly did the Fed say?
      540 16 EDITORIAL WILLIAM McChesney Martin, the US Federal Reserve's lon-gest-serving chairman, once famously said; "The job of the Federal Reserve is to take away the punch bowl just when the party starts getting interesting." Mr Martin was referring to the need to raise interest rates
      540 words
    • Article, Illustration
      Lock icon Low inflation in US is too good to throw away
      393 16  -  THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group THERE must be times when US Federal Reserve chairman Ben Bernanke feels like the Wizard of Oz someone who is supposed to be all powerful but who is actually just
      The Washington Post Writers Group  -  393 words
    • Article, Illustration
      Lock icon Sub-prime troubles: More bark than bite
      1384 17  -  The US banking sector remains well capitalised and profitable By KEITH WADE OUR soft landing view of the US economy has been challenged recently as attention has focused on the problems in the sub-prime mortgage market. Several lenders in this field have gone bust,
      AFP; Source: Bloomberg  -  1,384 words
    • Article, Illustration
      Lock icon Foreign soccer ownership incurs England's jeers
      1290 16  -  The new owners are said to have no interest in the game except as a money-making machine By RYAN MILLS Bloomberg DAVID Moores, chairman of Liverpool Football Club, sits in the Marriott Hotel in London, mulling over whether to sell the team his family
      Bloomberg; REUTERS  -  1,290 words
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      1537 17 GLOBAL VOICE GROUP LIMITED (Company Registration No. *****5625E) (Incorporated in Singapore with limited liability) NOTICE IS HEREBY GIVEN that the Annual General Meeting of Global Voice Group Limited ('the Company") will be held at Crescent Ballroom, 2 nd Floor, Four Seasons Hotel, 190 Orchard Boulevard. Singapore *****6 on Monday, 23
      1,537 words
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      2094 18 NOTICES BUV IT- SELL 'T FIND >T 4\ ARMSTRONG INDUSTRIAL CORPORATION LIMITED (Company Registration Number: *****3808K) (Incorporated in Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 2007 Annual GeneTfel Meeting of the Company will be held at the Conference Room, 531 Bukit Batok Street 23, Singapore
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      22 18 GOOD GAINS Let your investors know by advertising your financial results in our newspapers. Call 1800 *****22 or email notices@sph.com.sg. MATS NOTICES
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      1673 18 TfTTC YEO HIAP SENG umited (Company Registration No. 19S*****8Z) dh (Incorporated in Singapore) NOTICE OF EXTRAORDINARY GENERAL EIINU NOTICE IS HEREBY GIVEN that an EXTRAORDINARY GENERAL MEETING of the Company tM be held at Anbca V, Level 6, Orchard Parade Hotel, No. 1 Tanglin Road, Singapore *****5 on Monday, 30
      1,673 words
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      24 18 SCORE CARD Keep your investors informed by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. KAT3 NOTICES BHHUUk;
      24 words
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  • Article
    Lock icon SINGAPORE STOCKS
    11040 19 SGX MAINBOARD Transaction date: Apr 5 52-Wk T«4 Last Vol Day Last Quota Dtv GrYMI Net MOb* Low Coda Company Sato 000) High Low luyer Sailer Cvr PIt $aS 3.5 2 5716 1st Software 2 susp 8.1 11.5 6 3148 8Telecom 10 unch 120 10 10 10 10.5
    11,040 words
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  • Article
    Lock icon FINANCE & COMMODITIES
    7114 20 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In local curr In SS In US] dy yr dy yr dy %yi Index Change Change Change Change Change Change World Index Preliminary 1134.1 0.3 3.0 0.0 2.3 0.3 3. EAFE Preliminary 1154.7 0.6 4.3 0.4 4.0 0.6 5. Europe Preliminary 1557.6 0.J
    7,114 words
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      870 21 UK CONTINENT SERVICE U.S.A SERVICE Destination Destination YORDAN LUTIBRODSK RDM/ATW/BMN/TLB/NAN AURORA SAPPHIRE CAM/NFK/NCX/SAV Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE F.E./S.E.A. SERVICE Destination Destination PAN DYNAMIC ADN/JDH/BJA QUOC TU GIAM INC/BSN VOYAGER V DBI/ABU/DOH/BRN/DMM/KWT UUVA. uww iinwdoin Loads Singapore, E./W. Malaysia, Indonesia Loads E. Malaysia, Indonesia
      870 words
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      1190 21 vpsa/vor mnnm hbghtw wg kh hi m «t STIAITS EXWESS 7 30 4.0 01/04 OS/D 4 01/04 10/04 siwns ExntEssi so 4.0 15/04 ivw 22/04 24/04 to m m std m u* 1 DKSOOI/OM 100 S.O 11-1(/03 01-01/04 03-03/04 OS4/M 0101/04 1212/04 rosmvEiiAoa/oot 100 so os-oi/04 2222/04 24-24/04 24-27/w w-w/04
      1,190 words
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      101 21 ?»g* P. T. DJAKARTA LLOYD (PERSE RO) ll® AUSTRALIA FULL CONTAINER SERVICE »a |voT|a>|n»[w|iw|sTD|«a|Mt An TOPAZ 143$ 15/04 17/04 14/04 20/04 01/05 04/05 AKWMDAMA 0025 21/04 24/04 04/05 00/05 01/05 11/05 mam "SSS"??7SJTI7WW7B TI7BIWTJ7ST AM WAJtRMGA 0045 0*705 ***** WOS ***** ***** WoT AW TOPAZ 1445 T>7os ****** ***** *****
      101 words
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      1576 22 WAN HAI INTERNATIONAL PTE LTD 0) NO: 1U*****000/R iiiiu MAI liir* T1L*****588 (14LINES) FAX:*****163 V\\M > WAN HAI I InF\ CwitowwrSwvfa/lookhgsWradUw• (1800)*****200 V 11 V 1 inll I inl hi I™ m m KIB:m3I4MtIIMI:|DI)3I423atPMia;MnUW)MX:MnNMt Y JOH TE: (07) *****23 MJL (07)*****21 SUR IB: (011) 37*5475 HUL (031) *****14/ *****05 www
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      1257 22 |"|n EASTERN CAR LINER, LTD yf I SPECIALIZE IN NONO HIAVY UFT UPTO 450 TONS ■mmIMMMI m" »—am uwMom Imi I w I m I it I at I iq Imp" 11 1 8 I lil Ii 1» I rhsn IMi'Mlll'l'llC'lillliiirJl »—rffT) UWiOCT) MMGAPOtt [Oi l TOW 081 I W
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      604 22 WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS lesa I an Imm I coiowo I usheya cou)m>o -Imknnim I whoao I mhi I I I ISAW iaaw Ihomahm I maiw I mm I haw I maw I jjg I haw IgIOUraWWA I TFWIO3 I 17AW
      604 words
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  • THE BUSINESS TIMES SHIPPING TIMES
    • Article
      Lock icon THE BUSINESS TIMES SHIPPING GUIDE EXPORT
      7439 23 This ETA ETA Adowtfear Vmm< Voyage Tetaphonc SIN Dtsfn Name Nmvw Number Number To ABIDJAN (ABJ) 2003 Cote O'lvoire 16/04 17/05 Del mas DELMAS BAUOtN 717W *****344 16/04 25/05 DHmas DELMAS BAUOtN 717W *****344 16AM 26/05 Detmas DELMAS BAUDIN 717V* *****344 To ABU DHABI
      7,439 words
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      419 23 PBDEMBSIHi IRISL, yb® #7©@(? Sua Qfh® IMdkHlh (^s^tpQs ®su*s)® 000 Qfhip&ygjth tbSOU ItexflHing) (few* Q® fitnlkltfKs] IpoHlflite. ft® H(HD(D OS W7®l]l] (HQ fts) &/£>&> o&mMm 3m Qfh® (fagQmit Qi?®mft) tidnm* SINGAPORE REGIONAL OFFICE: AGENT IN SINGAPORE: AGtNT IN MALAYSIA: AGENT IN INDONESIA: IRISL ASIA PTE LTD SINOSE MARITIME PTE LTO
      419 words
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      427 23 Ws ip =iF=Hf==MF SB =sg==l%==ig= mumk win n/M h/m nimu iw or/os n/>s TOTWJT TI7H s§i TT754 B 118 ig IWlililil snuiLOWiQ* ill HIM W/H g"< "flj gflß KflE SWUJt rwn»iwi* rm*t I 14/04 10/04 M/QS H/04 ttSSH VOT SM PAS* GUMN6 OVTTAGONG Mm =pp m ilia w m l«r
      427 words
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      297 23 fm GLORY NAVIGATION GROOpI I SINCE 1970 I I OWNS A OPERATES THE YOUNGEST FLEET f WITH TWELVE 7,000 DWT TWEEN DECKERS COVSRING I THE ENTIRE ASIA PACIFIC PORTS K a It IGULAJI WWCLY SIR VICES: B KAOHSIUNG A CHINESE PORTS, HONO KONG I TO FROM I I SOUTHEAST ASIA
      297 words
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  • NIGHT OUT/WINE
    • Article, Illustration
      Lock icon The artistry behind a vintage bubbly
      660 25  -  By SAMUEL EE A SINGLE-VINEYARD champagne is not in the DNA of Dom Perignon because Dom Perignon is about a certain style, declares Vincent Chaperon. "To express a style, you need different colours, so you need different grapes from different villages," explains the 31-year-old
      660 words
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      Lock icon A taste of what to expect from 2006
      1064 25  -  By N K YONG UNEXPECTEDLY being in Bordeaux at the time of the en primeur tastings, I thought I might as well taste a few wines. My preferred time for en primeur tastings is late May or early June, when the wines
      1,064 words
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      Lock icon Honouring Singapore's patrons of heritage
      633 25  -  PARVATHI NAYAR reports on a tastefully organised night out at National Museum PARVATHI NAYAR A SPECIAL menu designed by über chef Sam Leong, 22 tables seating more than 200 guests dressed in black and gold, the classy location at the National Museum's Gallery Theatre topped
      633 words
    • Article
      Lock icon Glittery nights and memorable parties
      551 25  -  By MELISSA LWEE WHAT began with a whimper ended with a bang as the Singapore Fashion Festival came to a rousing close last Sunday as the last few fashion brands ramped up their partying efforts. The first to take the stage was the Glitter by
      551 words
  • Page 25 Miscellaneous
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      182 25 CRYPTIC CROSSWORD 1 Dimensions of fish plates! (6) C an hold Muscovite in a Across: 1 Manage, 5 Teenager, 9 2 Stir and almost take wash (6) friendly way (8) Cromwell, 10 Egress, 11 Overstep, 3 Rat f heart Enc IS ,ncons,s 15 Act firm at being a traitor (8)
      182 words
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  • BOOKS/MUSIC
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      Lock icon Writing comes easily to him
      683 26  -  M'sian author Tan Twan Eng relates his novel-writing journey to CHEAH UI-HOON CHEAH UI-HOON THERE are those who like the idea of writing, but struggle at the craft; and then there are those for whom writing comes so naturally that they can effortlessly produce a
      YEN MENG JIIN  -  683 words
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      Lock icon A refreshing and readable debut effort
      330 26  -  Reviewed by CHEAH UI-HOON The Gift of Rain Tan Twan Eng $34.95 Myrmidon, 445 pages IF your reference to most of the fiction set in colonial Malaya has been Catherine Lim's novels, or books written by veteran British soldiers, then make space in your
      330 words
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      Lock icon Colourful accounts of remarkable travels
      491 26  -  By PARVATHI NAYAR "A terrific tornado which has been lurking growling about then sits down in the forest and bursts, wrapping us up in a lively kind of fog, with its thunder, lightning and rain." Mary Kingsley writes with an immediacy that places the reader
      YEN MENG JIIN  -  491 words
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      Lock icon Young at heart
      554 26  -  Reviewed by BEN MUNROE Live at Massey Hall 1971 Neil Young Reprise Records EYEBROWS are often rightfully raised at the release of long-neglected retrospective live material, the assumption being that it might have been better left neglected. Not so with Neil Young's acoustic Live at Massey Hall
      554 words
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  • CINEMA
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      Lock icon Everything you wanted to know about F1
      570 27  -  off the cuff jaime ee SO, Singapore is this close to hosting a leg of the famous motorcar racing event called Formula One. Naturally, many people are very excited at the prospect like the tourism board, hotels, tyre-makers and that deluded one-litre bone-shaker
      570 words
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      Lock icon Reaching across cultures and borders
      580 27  -  The issues of identity and community are given a new spin, writes PARVATHI NAYAR PARVATHI NAYAR THE clash of cultures encountered by the Indian diaspora is not a new idea, but it remains a timely one. And a fresh one, in the hands of director
      580 words
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      Lock icon Sunshine fails to dazzle
      442 27  -  By GEOFFREY EU AL GORE and award-win-ning documentaries notwithstanding. futuristic disaster flicks seem to favour freezing climate change and nuclear winter scenarios over global warming possibly because its more visually interesting to depict ice-covered buildings than red-hot sunscapes. Whatever the reason and season, the core premise
      442 words
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      Lock icon Complicated but enjoyable game of double deceptions
      313 27  -  DVD By PARVATHI NAYAR THERE are many things that Martin Scorsese's Os-car-winning The Departed is not: it's not as finely crafted as the psychological crime thriller Infernal Affairs on which it is based; nor is it Scorsese's most insightful exploration of the world
      313 words
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      Lock icon The bigger the bang, the better? Not really
      515 27  -  By GEOFFREY EU NO matter what decade it is, the conspiracy theory movie in which shadowy right-wing government officials with unlimited resources plot dastardly deeds and grievous bodily harm to the lone hero who is all that stands between them and ultimate
      515 words
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  • executive lifestyle
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      Lock icon 30 and still going strong
      1576 28  -  The Singapore Arts Festival has come a long way in raising the nation's cultural consciousness, reports PARVATHI NAYAR PARVATHI NAYAR THE candles now add up to the big three-O: the Singapore Arts Festival (SAF), our island nation's artistic centrepiece, celebrates its 30th anniversary this year
      1,576 words
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      91 28 /»v- ifo I I More Amazing Grazing most stylish and beautiful Sunday Brunch just keeps getting better. Discover why it's the only place to be jfl u| H >$ k, tor brunch.!., and discover al fresco adventures and buffet I that goes beyond, set to a soundtrack of smootftlflve Jazz.
      91 words
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      7 28 Kfl BOOKS f| A talk with author
      7 words