The Business Times, 13 June 2007
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2007-06-13
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The Business Times
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Title Section20 2007-06-13 1 The Business Time SINGAPORE 85 cents A SINGAPORE PRESS HOLDINGS PUBLICATION MICA (P) 202/12/2006 Wednesday, June 13,2007 online at http://business-times.asial.com.sg20 words
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Article, Illustration509 2007-06-13 1 ANNA TEO - Economists expect consistent growth throughout year By ANNA TEO [SINGAPORE] Six is the lucky number this year, it seems. After the brisk 6.1 per cent pace in the first three months, the consensus forecasts now see Singapore's economic growth hovering just aboveREUTERS - 509 words
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636 2007-06-13 1 ANGELA TAN - Supposedly 'informal' move could hit SGX as most of its new listings come from China By ANGELA TAN [SINGAPORE] Reports that China has suspended approvals for many private Chinese companies to list on overseas stock markets in an effort to promote the Shanghai exchange636 words
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Article130 2007-06-13 1 sn 3,561.54 (+16.08) ST INDEX FUTURES 3,564.00 (+16.00) SIMSCI 438.46 (+1.80) SIMSa FUTURES 439.90 (+3.30) MARKETS Tuesday Change KLCOMP 1.360.58 +2.92 NIKKEI 225 17.760.91 -73.57 HANG SENG 20.636.39 +20.90 SET INDEX 743.42 -10.73 JAKARTA COMP 2.108.58 +24.55 MANILA COMP 3.571.10 +44.37 SEOUL COMP 1.729.88 +13.32 SHENZHEN B 697.75130 words
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Page 1 Advertisements
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Advertisement75 2007-06-13 1 ■PHH?H ARTS FEST Tales of a PAGE 27 MOTORING Changing perceptions about luxury cars PAGE 17 8 HI BT ONLINE 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. m75 words
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Advertisement19 2007-06-13 1 > ECONOMY M The baby effect t PROPERTY Char Yong Gardens sets new benchmark PAGE 3 Knowing when to quit19 words
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TOP STORIES
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517 2007-06-13 2 NANDE KHIN - Fall in fertility rate of one child per woman sees a depreciation of 0.15% By NANDE KHIN [SINGAPORE] Thinking of not having children? While this would of course save you money, it might also have the unexpected effect of hitting the Singapore dollar.517 words
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Article, Illustration456 2007-06-13 2 DANIEL BUENAS - By DANIEL BUENAS [SINGAPORE] Singapore employers say they expect to keep on hiring into the third quarter of this year, according to a survey by employment services firm Manpower. In the company's latest Manpower Employment Outlook Survey which interviewed nearly 52,000 employersSource:Manpower - 456 words
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782 2007-06-13 2 Diversifying up the value chain looks to be paying off for S'pore Reuters [SINGAPORE] Despite its tiny size and reliance on just a handful of industries, Singapore has lately managed to steer clear of vicious boom-and-bust cycles, thanks to a simple economic strategy of diversification.Reuters - 782 words
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575 2007-06-13 2 ByCHOWPENNNEE [SINGAPORE] Singapore should set up more higherlearning institutions to spark innovation which will create and attract talent, according to a study released yesterday. Ranked sixth in the MasterCard Worldwide Centres of Commerce Index, Singapore trails commercial powerhouses like London and New York. The575 words
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Article641 2007-06-13 2 Char Yong Gardens sold for record $1,788 psf ppr SETTING a new benchmark price for residential land in Singapore, CapitaLand has bought Char Yong Gardens at the corner of Cairnhill and Hullet roads at a unit land price of $1,788 psf of potential gross floor area inclusive of641 words
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Article, Illustration508 2007-06-13 3 KALPANA RASHIWALA - Capita Land signs sale and purchase agreement for $420 million By KALPANA RASHIWALA [SINGAPORE] Setting a new benchmark price for residential land in Singapore, Capita Land has bought Char Yong Gardens at the corner of Cairnhill and Hullet roads at a508 words
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Article, Illustration724 2007-06-13 3 ARTHUR SIM - By ARTHUR SIM [SINGAPORE] Foreign investors have pumped $885.5 million into residential land purchases here so far this year, outstripping the $651.84 million for the whole of last year. And Capita Land said yesterday that it hopes to redevelop the $420 million Char Yong724 words
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Page 2 Advertisements
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Advertisement96 2007-06-13 2 FordAvenue^^^^^JustSold^^^^sl3R^^ Belmont Road 16,300 sqf $13.xM Binjai Pk 20,300 sqf $14.xM Bishopsgate 17,000 sqf $18.xM Bukit Tunggal Rd 20,300 sqf $17.xM Cable Road 36,000 sqf $30.xM Cluny Hill 16,000 sqf $18.xM East Sussex Lane 15,100 sqf 15.xM King Albert Park 15,500 sqf $10.xM Leedon Road 18,300 sqf $14.xM Oei Tiong96 words
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Page 3 Advertisements
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Advertisement143 2007-06-13 3 K^ 1 ivp WW Pi .f START A FEW HEARJS RACING. This is power you can sense even before you get behind its 'R' steering wheel. Hugging the road like a jealous lover, its supercharged 4.2 L V 8 engine propels it from 0-100 km/h in a mere 5.2 seconds.143 words
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COMPANY NEWS
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130 2007-06-13 4 HONG Leong Finance Limited (HLF) said yesterday it has agreed to acquire a portfolio of some 10,300 hire purchase agreements worth around $405 million from the "Singapore branch of a foreign bank". The acquisition, expected to be completed on July 12, 2007, is130 words
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Article, Illustration356 2007-06-13 4 VINCENT WEE - Frasers buys Carlton United Breweries site in Sydney By' VINCENT WEE FRASERS Centrepoint's international arm Frasers Property yesterday bought the prime Carlton United Breweries (CUB) site in Sydney from Australia's Foster's Group for As2oB million (*****.8 million). The site is the single largest remaining development plot in Sydney's city fringe,FILE PHOTO - 356 words
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656 2007-06-13 4 CONRAD RAJ - HOCK LOCK SIEW By CONRAD RAJ AS the cliche goes, it's difficult to keep a good man down. Fong Kah Kuen, better known as KK Fong, the founder and chief operating officer of speed-print provider Xpress Holdings, is a case in point.656 words
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552 2007-06-13 5 LYNETTE KHOO - But market is vulnerable to pull-backs in H2 if capital flows change: Citigroup By LYNETTE KHOO THE Singapore equity market has had a good run so far in the first half of the year, led by strong corporate earnings, with the Straits Times Index552 words
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314 2007-06-13 5 LYNETTE KHOO - By LYNETTE KHOO BEYONICS Technology's net profit rose just 0.3 per cent to $6.17 million for its third quarter ended April 30 as its results were dampened by a drop in revenue from its electronic manufacturing services (EMS) division. The group saw314 words
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Article, Illustration245 2007-06-13 5 By JANICE HENG PROPERTY company Hong Fok has obtained provisional permission for the redevelopment of part of The Concourse, but says it still has no plans to redevelop its other property, International Building. The proposed redevelopment may involve the alteration of existing shops and.FILE PHOTO - 245 words
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Article, Illustration358 2007-06-13 4 OH BOON PING - Stock's rise also comes amid upgrades by analysts By OH BOON PING THE share price rally of Singapore Exchange Ltd (SGX), which has prompted a Monetary Authority of Singapore (MAS) query, continued yesterday, again on speculation that a rival bourse plans to buy aSource: Bloomberg - 358 words
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636 2007-06-13 4 KALPANA RASHIWALA - Joint venture offers $524 psf ppr, a level not seen for such plot since '97 By KALPANA RASHIWALA REFLECTING developers' confidence in the mid-tier residential sector, a joint venture between Ho Bee and NTUC Choice Homes yesterday cast the top bid of $524636 words
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Page 4 Advertisements
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Advertisement699 2007-06-13 4 Voluntary Conditional Cash Offer by HSBC<X^ The Hongkong And Shanghai Banking Corporation Limited (Branch Registration No.: F*****M) (Incorporated in the Hong Kong SAR) for and on behalf of Dubai Drydocks World LLC (Trade License Na: *****5) (Incorporated in Dubai, United Arab Emirates) to acquire all the issued and paid-up ordinary699 words
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Page 5 Advertisements
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Advertisement225 2007-06-13 5 v V& r pjfmmmmm' V NO VENA MEDICAL CENTER SINGAPORE'S MOST MODERN SPECIALIST MEDICAL CENTRE NOW WITH ITS HIGHLY COVETED 8™ FLOOR UNITS AVAILABLE FOR LEASE Step into the entrance of Novena Medical Center on its Bth8 th floor, and you'll find 6,100 sq ft rS of space dedicated to225 words
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SINGAPORE MARKETS
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Article, Illustration929 2007-06-13 6 SECURITIES TRADING SCOREBOARD MAIN SIX) TOTAL Up Down Undl Up Down Unch Up Down Until Multi Ind 8 4 7 0 J> 0 8 4 7 Manufacturing 86 72 67 21 16 16 107 88 83 Commerce 25 32 26 11 3 9 36 35 Tpt/Stor/Comms 12 21 10 0929 words
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Article, Illustration921 2007-06-13 6 LARRY WEE - CURRENCIES China continues to impress, and the worst may be over for the US LARRY WEE Senior Correspondent ■■■Hi HE shakeout came fast and furious, starting early last week in China, then spreading like wildfire. By the time the dust had settled this week, the921 words
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Article828 2007-06-13 6 UMA SHANKARI - Compiled by UMA SHANKARI China Milk Products Group June 12 close: $1.24 UOB KAY HIAN RESEARCH. June 12 GLOBAL milk price has been rising due to strong demand growth from China and India. As a reference for milk prices, fluid milk future on the Chicago Mercantile Exchange has828 words
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Article, Illustration540 2007-06-13 6 R SIYANITHY - STOCKS R SIYANITHY Senior Correspondent MARINE sector and oil/gas counters led by Keppel Corp and SembCorp Marine were in heavy play yesterday in a session which saw the Straits Times Index once again failing to capture the performance of the broad market. Last week,540 words
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Page 7 Advertisements
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Advertisement249 2007-06-13 7 jflh» I JB K. To the successful RX3OO is now born a worthy successor. The New RX3SO arrives with the majestic thrill to a ride in its leather-trimmed interior, replete with luxurious trimmings. The New RX 350. power of a 24-valve 272bhp V 6, 3.5-litre, dual VVT-i engine. Assuredly, you249 words
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COMPANY NEWS
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494 2007-06-13 8 LIN ZHAOWEI - Tie-up will tap HK partner's distribution network in China By LIN ZHAOWEI MAIN BOARD-LISTED TeleChoice International, a provider of telecommunications services and solutions, is making inroads into the Chinese mobile phone market with a recently-signed joint venture in China. As the494 words
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308 2007-06-13 8 NISHA RAMCHANDANI - By NISHA RAMCHANDANI C&G Industrial Holdings, a leading Chinese maker of functional yarns and polyester fibre, has raised $44.15 million net from investors by issuing 78 million new shares. The shares were priced at $0.5791 apiece an 8 per cent discount308 words
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318 2007-06-13 8 CHARMIAN KOK - By CHARMIAN KOK HAPPY that a group of new private investors has made a capital investment of £2 million (Ss6 million) in Complete Media Systems, DMX Technologies Group said yesterday that it is maintaining its 19.9 per cent equity stake in the UKbased318 words
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Article326 2007-06-13 8 has informed the company that she will leave with effect from July 31. Ms Wan had previously given notice of her resignation to the company in February. However, following discussions with the company, she had agreed to continue in the employment of the company on a part-time basis326 words
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Page 8 Advertisements
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Advertisement1528 2007-06-13 8 Cats Notices £=S INTERNATIONAL PRESS SOFTCOM LIMITED ass (Co. Registration No. *****1169E) HI (Incorporated in the Republic of Singapore) SOFTCOm NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an EXTRAORDINARY GENERAL MEETING ("EGM") of International Press Softcom Limited (the "Company") will be convened on Thursday, 28 June 20071,528 words
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Advertisement477 2007-06-13 8 IN THE MATTER OF THE BUILDING MAINTENANCE AND STRATA MANAGEMENT ACT 2004 AND IN THE MATTER OF LAND TITLES (STRATA) ACT AND IN THE MATTER OF THE MANAGEMENT CORPORATION STRATA TITLE PLAN NO. 1393 ('MCST 1393") NOTICE IS HEREBY GIVEN that at an Extraordinary General Meeting of MCST 1393 duly477 words
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Advertisement209 2007-06-13 8 Cnmmunicksu2on7 The 18th Intemahonj) Cufum imboni and Intamaticn Tad—lqQr Exhibition A Conference www.CommunicAsia.com [nterttriSßl\lT2Do7 Th« 4th tnt<m«bon«i Information Ttchnotow Exhibition &Cof*«r»nc» for th»En<«rpn»« www.goto-EnterpriselT.com 19 -22 June 2007 Singapore Expo Come Visit the a Technological Hotspots 3G/HSPDA #IPTV M- Mobile Entertainment/ WiMAX Network with high level executives View comprehensive Infocomm209 words
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SINGAPORE NEWS
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336 2007-06-13 9 JANICE HENG - Stringent code not mandatory, but works on 'comply or explain' basis By JANICE HENG CHARITIES and institutions of a public character (IPCs) can now refer to a single code of governance, which supersedes the various codes on which it is based. The three-tiered code336 words
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Article, Illustration372 2007-06-13 9 CONRAD TAN - By CONRAD TAN MAYBANK Singapore yesterday launched a scheme to give customers rebates of up to 5 per cent on their income tax payments for one year made through the bank. The scheme offers a 2.28 per cent rebate on personal income tax payments made372 words
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228 2007-06-13 9 ALEXANDRA Centre has be£n offered for collective sale at $45 million. The 50,838 sq ft site is for residential use with first-floor commercial use. It can be built up to four storeys and the allowable plot ratio is three. The development228 words
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278 2007-06-13 9 JANICE HENG - By. JANICE HENG BUSINESS is the course of choice for top junior college students, an inaugural survey by campus recruiter Jobs Factory shows. Engineering, once popular, now ranks below the arts and social sciences, while traditional favourites such as medicine and law278 words
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Article, Illustration378 2007-06-13 9 NISHA RAMCHANDANI - By NISHA RAMCHANDANI DP Bureau, a one-stop service and advisory centre for SMEs, has started what it calls "a concierge service" aimed at helping these small and medium-sized enterprises find suppliers to meet their business needs at competitive prices. Launched yesterday, the service isFILE PHOTO - 378 words
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Page 9 Advertisements
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Advertisement160 2007-06-13 9 >v :i' !< -V r Of course, you can go on to buy a bigger SUV. But would that he politically correct? With the Terios 1.5 L Crossover, VI '(Kl.-. you can be more socially responsible. Up till now, most SUVs are large, thirsty behemoths that seldom leave the paved160 words
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ECONOMY WATCH
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308 2007-06-13 10 -Bloomberg [KUALA LUMPUR] Malaysia's credit rating is "constrained", Moody's Investors Service says, even after the country's second finance minister, Nor Mohamed Yakcop, travelled to New York and asked for a higher rating. Malaysia's sovereign bond ratings are "somewhat constrained by general government finances-Bloomberg - 308 words
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Article, Illustration690 2007-06-13 10 Reuters [TOKYO] Japanese wholesale prices rose slightly more than expected in May from a year earlier, with increases spreading across more products, reaffirming expectations of an interest rate hike as early as August. The corporate goods price index (CGPI), which tracks trends inReuters; BLOOMBERG - 690 words
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402 2007-06-13 10 Reuters [BEIJING] China fired a warning shot at US lawmakers yesterday, saying that proposed legislation to pressure Beijing to step up exchange rate reform risked politicising trade and would not sway its priorities. With US Congress members increasingly riled byReuters - 402 words
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331 2007-06-13 10 Reuters [LONDON] World oil demand will rise more quickly this year than previously thought, the International Energy Agency (lEA) said yesterday, adding weight to consumer nations' calls for more oil from the Organisation of Petroleum Exporting Countries (Opec). In itsReuters - 331 words
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435 2007-06-13 10 Low-income households priced out of market Reuters [WASHINGTON] Home ownership will remain out of reach for millions of Americans, despite slumping house prices, unless low-income wages grow faster, according to a national housing study released on Monday. A record 37.3 million households, or one— Reuters - 435 words
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452 2007-06-13 10 ANTHONY ROWLEY - Minister tells foreign officials govt commitment remains strong By ANTHONY ROWLEY in Tokyo THE Japanese government is firmly committed to doubling the level of foreign direct investment (FDI) in the country by 2010 compared with that at the end of last year,452 words
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Page 10 Advertisements
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Advertisement94 2007-06-13 10 New Revolutionary Office Chairs With Automatic Synchro Lumbar Support Features The Futuristic Office Mesh Chair mS:. "iT mmg 5s Aluminium back support frame Wire control synchro mechanism Adjustable armrest Separate lumbar support Adjustable seat depth Separate headrest camber The Futuristic Office Mesh Chair EJ-LAM EJ-LAM A new concept in seating94 words
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MALAYSIA
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348 2007-06-13 11 Bernama [KUALA LUMPUR] Petronas is not involved or interested in the US$7 billion trans-peninsula pipeline project, its president and chief executive officer Mohd Hassan Marican said on Monday. He said this when asked by reporters at the 12th Annual Asia Oil and Gas Conference (AOGC)– Bernama - 348 words
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212 2007-06-13 11 Reuters [JAKARTA] Indonesia plans to lower income tax for some listed firms in August in a bid to strengthen domestic financial markets, the finance ministry said yesterday. Corporate income tax stands at around 30 per cent, largely similar to some other countries in theReuters - 212 words
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Article, Illustration187 2007-06-13 11 Bernama [BANGI, MALAYSIA] National car maker Proton Holdings Bhd and German auto giant Volkswagen AG are likely to enter into their second round of talks in Bangkok soon after the first round last week in New York, said Prime Minister Abdullah Ahmad Badawi yesterday. He saidBernama; AFP - 187 words
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189 2007-06-13 11 Bernama [KUALA LUMPUR] Malaysia Airline System will replace EON Capital in the FTSE Bursa Malaysia Large 30 Index, it was announced here yesterday after the FTSE Bursa Malaysia Index Advisory Committee's latest review. For the FTSE Bursa Malaysia Mid 70,– Bernama - 189 words
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Article, Illustration530 2007-06-13 11 LAUREL TEO - PPP says agreement violates Indonesia's sovereignty B y LAUREL TEO in Jakarta POLITICAL opposition to the defence pact between Indonesia and Singapore continues to grow, with the third-largest political faction in the Indonesian parliament submitting an official protest to the House on Monday.REUTERS - 530 words
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Article2506 2007-06-13 11 VOl Jim 11 «M *b COOP) ASM Realty .2.66 -0.04 3 Abric Bhd 0.30 -0.01 143 Advance Synergy 0.30 -0.01 458 Adventa Bhd 1.31 -0.08 917 Ae Multi Hldgs 0.35 0.01 862 Affin Holdings .2.35 0.07 1779 Ahmad Zaki Resou 3.20 -0.10 178 Ak Corp 0.54 -0.02 362,506 words
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637 2007-06-13 11 S JAYASANKARAN - Market hopes single buyer of controlling block would spark general offer By S JAYASANKARAN in Kuala Lumpur SHARES in Kian Joo Can Factory leaped 19 per cent yesterday after international accounting firm Peat Marwick put up for sale a controlling637 words
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GREATER CHINA/INDIA
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456 2007-06-13 12 Bloomberg [NEW DELHI] India's industrial production growth beat expectations in April, suggesting the central bank may need to raise borrowing costs further to contain inflation stoked by consumer demand. Output gained 13.6 per cent from a year earlier after a revised 14.5 per cent– Bloomberg - 456 words
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534 2007-06-13 12 Reuters [BEIJING] Surging food prices boosted China's annual consumer price inflation in May to a 27-month high, extending a rising trend and reinforcing expectations that interest rates will rise further. Inflation quickened to 3.4 per cent from 3 per cent in April,Reuters - 534 words
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Article, Illustration390 2007-06-13 12 AFP [LOS ANGELES] US entertainment giant Walt Disney Co is teaming up with Yash Raj Films in India to make animated movies using the voices of Bollywood stars, the companies announced on Monday. The tie-up "marks the first time for both– AFP - 390 words
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Article, Illustration684 2007-06-13 12 Little regard for safety puts workers in danger of injuries and illness Reuters [GUIYU, China] Guiyu is a modern day gold rush town.But instead of panning for gold in babbling streams, workers shift through piles of broken old computer parts in acrid smelling shacks,– Reuters; REUTERS - 684 words
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677 2007-06-13 12 JANE MOIR - Sale unlikely to give a boost to flagging mass residential property market By JANE MOIR in Hong Kong A RESIDENTIAL site along Hong Kong's harbour has been auctioned for HK55.56 billion (Ssl.l billion) in a sluggish sale that is unlikely to provide677 words
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Page 12 Advertisements
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Advertisement248 2007-06-13 12 pa THE UNIVERSITY OF ADELAIDE \mi Singapore campus |jj^ MBA Preview Mini Workshop Wm Strategy Expert: Dr Chris Smith BSc (Hons), MSc (Clinipal Psych), MBA, PhD. T\ r Academic Director, University of Adelaide MBA Program in Singapore Dr Chris Smith currently teaches on MBA courses and is writing on various248 words
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Page 13 Advertisements
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Advertisement812 2007-06-13 13 #B 1-55/56/57 heUolßugb Junction #01-50/50 A helolCauseway Point #81-16/18 hellotComcenfr* 31 Exeter Rd helolCompa« Point #81-04/05 helolOUß Centra #01-01 (Closed on Sundays pnd Put*: Holidays) he*>»aricway Pwode #61-01/02 hetolTamplnes Mai #02-13/14/15 hrtolWwt Mai #01-38/39 heßotTakashlmaya S.C. #82-12 SingTeH Shop@NUS Yusof Ishak House (Closed on Saturdays, Sundays. Public and School Holidays)812 words
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MIDDLE EAST
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212 2007-06-13 14 -AFP [RIYADH] The Saudi Cabinet on Monday awarded the kingdom's third mobile phone licence to Mobile Telecommunications Co (MTC) of Kuwait, the state news agency SPA reported. It said the contract went to MTC's consortium which will operate under the name of Saudi Mobile-AFP - 212 words
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651 2007-06-13 14 Decision depends on whether its Middle East crude oil futures contract takes off AP [DUBAI] Fresh from launching this month, the Dubai Mercantile Exchange, or DME, could launch an initial public offering if its Middle East crude oil futures contract is a success. TheAP - 651 words
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Page 14 Advertisements
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Advertisement212 2007-06-13 14 Gato Negro To apply, ca*****6 0980 A World of Exclusive Privileges Treats Diners Club m "SHALL I HAVE RED CURRY IN MY CAPPUCCINO OR MY PORK IN SAKE?" I had decided on the Laksa Lemak as a main, but her imagination was toying with the soups and entrees in the212 words
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Advertisement42 2007-06-13 14 LU Nhiotion IfejjfciSfek. 'V BBQ Dinner by the poolside in alfresco setting k Savour the BBQ Beef, lamb Chop, Chicken, Prawns, Salmon, Squid and many more specialities prepared by our chefs $29.80 A 25 Marine Parade, Singapore *****6 Tel: (65) 6340 212242 words
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Advertisement70 2007-06-13 14 *3L •*-%-i 3 v Reward dad for his dedication and sacrifices with Chinese banquet set menu and a free bottle of red wine. Date: 16 to 17 June Available for lunch and dinner Special set menu SSSS" 1-1 French Buffet Lunch Dinner Every Thursday (fr 7 June to 30 August70 words
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Advertisement88 2007-06-13 14 1 j5 Mwchont Rood, #0104 Riverside Point I I (50m from Clarke Quay MRT Exit B) Wbbstte www.riverside.com sg I 3j HU Quantity of food jerved will increo&e with ihe number of diners per table s IP B j( frfc** *übject to IOX tervice charg® and 5% GST Promotion valid88 words
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ASIA-PACIFIC/WORLD
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Article, Illustration737 2007-06-13 15 Investors react negatively to Thaksin's return, main index dips Reuters, Bloomberg [BANGKOK] Ousted Thai prime minister Thaksin Shinawatra is free to return from exile as soon as he wants to challenge graft allegations against him, as well as the seizure of US$l.5Reuters,; Bloomberg; REUTERS - 737 words
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330 2007-06-13 15 AFP [WASHINGTON] Jones Lang LaSalle, a leading US real estate management firm, announced a merger with one of India's largest property groups yesterday as it vies to expand its operations in the country. Jones Lang LaSalle said it was teaming up with anAFP - 330 words
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513 2007-06-13 15 New law to lift curbs set to come out before year-end AP. Reuters [DUßAl] The United Arab Emirates is poised to open sectors of its booming economy to full foreign ownership, ending decades of protection that have hamstrung free trade talks with theAP.; Reuters - 513 words
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480 2007-06-13 15 —Reuters [NEW YORK] Chief executives of big US companies are more likely than their smaller-company counterparts to get a company-funded pension plan a benefit rapidly disappearing for the average American worker, according to a study released on Monday. Almost three-quarters of CEOs—Reuters - 480 words
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Page 15 Advertisements
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Advertisement259 2007-06-13 15 The UOB High Yield Account is the only chequing account that combines the value of your deposits and investments* to give you a higher interest rate. So the more wealth you consolidate with UOB, the higher your returns. To discover how UOB Privilege Banking can make your money work harder259 words
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World
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Article, Illustration775 2007-06-13 16 Competitive price cuts among retailers promote sales but usually result in minimal or even no profit [NEW YORK] Harry Potter has no spell for bookstore profits. Millions of people will descend on stores for a copy of Harry Potter and the Deathly Halloas inREUTERS - 775 words
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Article8441 2007-06-13 16 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (S port) Star Europe Eqly!" 1.123/ Star Europe Bond 1 167/ Stat Europe Bal 1.259/ Sta> Asian Tigef Eqty 1481/ Star Asia Bond 1 324/ Star Asia Balanced 1.133/ Stat Global Technology Fund' 0 227/ Mulfl St Fd 0991/ Star Asia BondflJSD) 086/8,441 words
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Page 16 Advertisements
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Advertisement33 2007-06-13 16 Allianz Global Investors SCORE IN EMERGING MARKETS /R\ Try our online quiz at www.franklintempleton.com.sg and win attractive prizes!* mm FRANKLIN TEMPLETON 8j ESTHM NTS *Terms and conditions apply. BIZ REGN NO *****521 IE33 words
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MOTORING
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Article, Illustration676 2007-06-13 17 SAMUEL EE - LS600H L has 6-litre V12 engine performance with 3-litre V6 fuel economy By SAMUEL EE THE philosophy behind the Lexus LS6OOh L was to create a model that would shatter the usual perception which people have of luxury cars, says itsDAVID KHOO - 676 words
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Article, Illustration581 2007-06-13 17 SAMUEL EE - By SAMUEL EE THE first Chinese marque to arrive in Singapore is also the first to offer the widest model range covering all major segments of the car market. Less than a year after budget brand Chery launched its first581 words
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Page 17 Advertisements
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Advertisement334 2007-06-13 17 If you are facing any of the following: You need to keep your payroll absolutely confidential. Your payroll staff are bogged down, and are bored with the routine of rushing payroll every month, and there is limited room for staff development for payroll processing functions. You or your payroll staff334 words
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AVIATION
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Article, Illustration733 2007-06-13 18 VEN SREENIVASAN - Abu Dhabi, Dubai more centrally located as global hubs: Etihad CEO By VEN SREENIVASAN NEW generation longrange aircraft will do for the Middle East hubs what the the ageing 8747s did for the growth of Asian hubs during the 1980s, according to Etihad Airways'733 words
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337 2007-06-13 18 VEN SREENIVASAN - By VEN SREENIVASAN STRONG demand for aircraft more than doubled full-year net earnings at Singapore Aircraft Leasing Enterprise (SALE) for the financial year ended March 31 to US$7O.5 million. This was achieved on a 34 per cent jump in revenues of U*****.0 million. The337 words
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Article226 2007-06-13 18 Bloomberg [JAKARTA] PT Garuda Indonesia's share sale will be held back until the state-owned carrier reschedules its debt payment to European creditors, a government official said. Indonesia's biggest airline is seeking a new agreement to repay debt to a group of creditors under theBloomberg - 226 words
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Article, Illustration273 2007-06-13 18 VEN SREENIVASAN - By VEN SREENIVASAN CON Korfiatis, who was the founding chief executive of Singapore-based Jetstar Asia, is taking over at the helms of Macau-based low cost long haul carrier, Viva Macau. The carrier yesterday announced that Mr Korfiatis would take over as its new chief273 words
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437 2007-06-13 18 Bloom berg [DUßAl] Emirates, the biggest Arab airline, said Airbus SAS is doing the "right thing" with the redesign of the long-range A 350 jet and that the carrier may buy as many as 100 of the widebody planes, a competitor toBloom berg - 437 words
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Article2184 2007-06-13 18 CITY FUGNT tTA FUgWT «TP LH9771 1740 LW770 2*45 SQ268 1750 SQ269 2345 AZ3992 1555 KL838 2245 KL837 1555 L***** 2345 SO324 2345 itS*a~ AC5202 2335 ACT203 0M5 sua® U £!!%S u E«3%5 UL2433 0150 UL2432 2120 SQ282 0645 LH9766 2155 LH9767 2035 N***** 2155 NZ43862,184 words
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Page 18 Miscellaneous
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Miscellaneous205 2007-06-13 18 CRYPTIC CROSSWORD ninq a Democrat? It's given noa (8) 1 A couple of bishops overlook- YESTERDAY S SOLUTION 28 Copper, we hear, showing ing holy books Tor religious Across: 1 Stucco, 4 Footstep, 10 nerve (6) £ader(s) Mason, 11 Abernethy, 12 Transit, 8 Brief toss of a coin Ball! (9)205 words
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SHIPPING
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Article, Illustration463 2007-06-13 19 Official highlights risk of hijacking of ships carrying dangerous cargo AFP [KUALA LUMPUR] Malaysia's top police official yesterday warned of a "real and plausible" threat of terrorism in the Malacca Strait, one of the world's most vital trade-related waterways. Inspector-General of the– AFP; FILE PHOTO - 463 words
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Article300 2007-06-13 19 SGX '000 Jun 12 SS W- Vol Ch Offshore 0.63 -0.01 1732 Chuan Hup Hldgs 0.36 unch 573 CoscoCorp 3.44 0.06 ***** Cwl Limited 0 89 -0.03 506 Ezra Hldgs S.75 0 05 61 Freight Links 0.16 O.OI ***** Grand Banks .106 -0.02 45 Java Hold Ltd 1.66300 words
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369 2007-06-13 19 But Newcastle congestion may cushion decline Bloom berg [SINGAPORE] The cost of shipping coal, iron ore and other dry-bulk commodities, which has fallen 14 per cent in the last four weeks, may decline further because of expectations that additional capacity will outstrip bookings. TheBloom berg - 369 words
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155 2007-06-13 19 Reuters [NEW YORK] Carnival Corp, the world's largest cruise operator, said on Monday that it will buy a new 2,100-passenger ship for 425 million euros (SsB7l million) from Italian shipbuilder Fincantieri. The 86,000-ton vessel, which will be for Carnival's Holland America cruise line,Reuters - 155 words
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Article, Illustration366 2007-06-13 19 CHARMIAN KOK - Strait safer now with electronic navigational charts By CHARMIAN KOK THE safety of ferry services between Singapore and the Indonesian islands of Batam, Bin tan and Karimun has been given a further boost with the launch yesterday of the Barelang tam-Rempang-Galang)-Singapore Electronic Navigational Charts (ENCs).366 words
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269 2007-06-13 19 Reuters [ZAGREB] Croatia will call a tender for the sale of one of its five shipyards by the end of the year, a top privatisation official said on Monday, presenting the first concrete step in the industry's long-delayed overhaul. "We planReuters - 269 words
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Advertisement58 2007-06-13 19 International Ship Classification Keeping you ISCICISS af the forefront JU environmental protection Wk M A v Br B i laffUl I |>J rimsi 11 m r W Rj|^iuiiLi||||iii|^ (W BbttA, H w 4 J|A Singapore AN E-MARKETPLACE BROUGHT TO YOU BY CATS CLASSIFIED, SINGAPORE PRESS HOLDINGS. TO ADVERTISE, CALL 1800-18958 words
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EDITORIAL & OPINION
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Article480 2007-06-13 20 EDITORIAL LAST week's G-8 summit meeting of presidents and prime ministers from the world's nominally most advanced nations has been hailed in some quarters as a success, because of the "breakthrough" achieved in launching talks on a successor regime to the Kyoto protocol on480 words
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Article, Illustration1342 2007-06-13 20 ANDREW E KRAMER - Russia has shaken off its dark legacy of the 1986 Chernobyl disaster by convincing foreign governments of its engineering advances since then By ANDREW E KRAMER NYT [MOSCOW] mmmm he Russian nuclear power company Atomstroyexport has been roundly criticised for helping Iran build its nuclearNYT; BLOOMBERG - 1,342 words
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Article, Illustration783 2007-06-13 20 LEON HADAR - THE BOTTOM UNE LEON HADAR Washington Correspondent THE Bizarro World, a comic book series that was popular in the United States in the *****, introduced to the reader a society ruled by the Bizarro Code which states: "Us do opposite of all Earthly783 words
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Article, Illustration1659 2007-06-13 21 M SHAHIDUL ISLAM - Asia's powerhouses face serious dilemma on how to balance surging economic growth and environmental protection By M SHAHIDUL ISLAM HINA is set to become the world's second largest economy and India is poised to take the fourth place by 2030, accordingREUTERS - 1,659 words
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Article, Illustration747 2007-06-13 21 ANDY MURKHERJEE - ANDY MURKHERJEE CHEAP money is fast becoming an expensive habit for Asia. Easy liquidity has already pushed some asset prices out of kilter. Chinese stock markets are clearly overheated. And while the fallout from a collapse in share prices in ShanghaiBLOOMBERG - 747 words
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Article11291 2007-06-13 22 SGX MAINBOARD Transaction date: Jun 12 52-WV Tel Last Vol Day Last Quote Div GfYtd Net MCap High Low Code Company Sate fOOO) High Low Buyer Seller Cvr P/E Sm« 3.5 2 5716 1st Software 2 susp 8 4 18 6 3148 8Telecom 17 unch 1618 17.5 1711,291 words
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Article5499 2007-06-13 23 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In local curr In S$ In USS dy yr dy yr dy %yr Jun 11 Index Change Change Change Change Change Change World Index Preliminary 1175.4 0.5 6.8 0.5. 7.9 0.4 7.4 EAFE Preliminary 1182.6 0.7 6.8 0.7 7.7 0l6 72 Europe Preliminary5,499 words
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Advertisement18 2007-06-13 23 IllphillipCapital Brought to you by Phillip Futures Pte Ltd (A member of PhiflipCapital) N YOUf Partner In FinSnCO18 words
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Advertisement1001 2007-06-13 24 UK CONTINENT SERVICE U.S.A SERVICE Destination Destination NIPHANAREE RDM/A7W/BMN/TLB/NAN STXPOTBN CAM/NFK/NOL/SAV Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE F.E./S.E.A. SERVICE Destination Destination LAURADA DBI/ABU/DOH/BRN/DMM/KWT STXPO TBN INC/BSN ASEAN GLORY DBI/ABU/DOH/BRN/DMM/KWT Loads Singapore, E./W. Malaysia, Indonesia Loads E. Malaysia, Indonesia OTHER SERVICES Tramping for bulk, breakbulk, mineral1,001 words
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Advertisement1285 2007-06-13 24 INTERASIA ROUP SERVICE 1 VKSfI/VOT RAMPQTT) HBCWW) UK KM LO I SM I JKT stmits sucass n 10 u IVO6 n/ot AUSTRALIAN KORO SERVICE vßsa/vor ramppcd hbghud i m l sm i mu stp m m m KWUNA/07f 30 14 09-09/06 73 73/06 75-75/06 77 71/06 30-30/06 posnrniiAoa/oii ioo so1,285 words
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Advertisement1667 2007-06-13 25 WAN HAI INTERNATIONAL PTE LTD CR NO: **********0/R V?rA .nan a I |||b« TIL *****588 (14 UNES) FAXi*****163 \M\ WAN MAI I |NF\ CustomerS^rvw/BookingjDHct Ike (1800)*****200 Y V Vinll I IMI LIIILJ m18:(03)3346W5f/Ufc(*****4237KP8t T1L(04)*****00FJU:(04)*****99 V JOH THi(O7) 251*923 FAX: (07)*****21 SUI IB: (031) *****75 FAX: (031) *****14/ *****05 www wanhni1,667 words
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Advertisement1207 2007-06-13 25 |j~|n EASTERN CAR LINER, LTD W V I SPECIALIZE IN RORO HEAVY UFT UPTO 450 TOMs""] voy r«»(kt) ufthwocn SIN m rm jut wk lc» DAISY! 2 30 30 M/Ot 17/04 ESTKELU ETtRWA 145 60 22/06 24/06 01/07 HISAAZUL 85 35 10 23/06 25/06 27/06 LUNA AM 7» 35 M1,207 words
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Advertisement721 2007-06-13 25 <®> WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICO POINTS YESSa I YOY I SIN I MOAM6 COCOMtO N.SHiW I COLONIC mrmm mi ML ma itjwi nm HW umi ma mil- ww iui urn Q'M KOTAPBWim YTWIO7 2t )UW V JUH I 30 JUN 04 JUt721 words
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the Business times Shipping Times
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3551 2007-06-13 26 This ETA ETA Advertiser Vessel Voyage Telephone SIN Desfn Name Name Number Number To ABIDJAN (ABJ) 2003 Cote D'lvoire 23/06 28/07 Deljnas CMA CGM COLOMBIE 725W *****344 23/06 30/07 Delmas CMA CGM COIOMBIE 725W *****344 To ABU DHABI (AUH) 2004 U. A. Emirates 24/063,551 words
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Advertisement533 2007-06-13 26 I VESSEL VOY PKI SIN KHI DXB BAB PMM BIK KHO IRAN TABATABAEI PCLB2O2 11/06 12/06 21/06 24/06 25/06 01/07 03/07 03/07 IRAN BAABAEI PC***** 21/06 22/06 01/07 04/07 05/07 11/07 12/07 14/07 IRAN SATTARI PC***** 02/07 03/07 12/07 15/07 16/07 22/07 24/07 26/07 I VESSEI VOY SIN NHS BNP533 words
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Advertisement522 2007-06-13 26 vtssa voy pwi vissa vor sm jkt PACIAIH>A 7004N 00/06 00/00 PAC BOTAN W3 20/06 22/06 AIAMJAYA2 9174N 01/06 00/06 PAC MMTAN 9404 27/0* 29/06 PACtANOA 2009N 09/06 09/06 PACKMAN 9405 04/07 06/07 PAtIAMM *****1 10/06 11/06 UK MNTAM 9406 11/07 U/07 vysa VOY SM m ymfl ¥21 SH QB522 words
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Advertisement341 2007-06-13 26 fife glory mvkotnm gr'oupl It sma i«70) I OWNS A OPERATES THE YOUNGEST FLEET I WITH TWELVE 7,000 DWT TWEEN DECKERS I COVERING I THE ENTIRE ASIA PACIFIC PORTS I I RtOULAR WEEKLY SCRVKES: B IKAOHSIUNG A CHINESE PORTS, HONG KONG TO A FROM j SOUTHEAST ASIA J SMGAPORE MAP341 words
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ARTS FEST
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Article, Illustration338 2007-06-13 27 SANGEETHA MADHAVAN - By SANGEETHA MADHAVAN IT'S the days of being wild for The Finger Players. After looking at relatively prosaic themes, they are back with their quirky mix of puppetry and performers in a fantasy outing titled Wong Kar Wai Dreams. As the title suggests,338 words
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Article, Illustration554 2007-06-13 27 CHARMIAN KOK - Survivors of Pol Pot's reign confront the horrors of the genocide on an intimate level in a docu-performance, writes CHARMIAN KOK CHARMIAN KOK THREE years, 8 Months and 20 Days that was exactly how long Pol Pot's notorious Khmer Rouge regime lasted, duFing which554 words
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Article, Illustration199 2007-06-13 27 Wong Kar Wai Dreams: Singaporean award-winning theatre company The Finger Players stages a surreal production featuring a female protagonist dreaming about legendary director Wong Kar Wai dreaming about her. Bpm, Until June 15, Drama Centre Theatre, Tickets $20 to $50,80199 words
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Advertisement22 2007-06-13 27 > I— I m tmmm i •*> Organised by: Sponsored by: Supported by: accenture THE BUSINESS TIMES ®OCBCBank EDB j^ggHigh performance. Delivered. Singapore Singapore22 words
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EXECUTIVE MONEY
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Article, Illustration1073 2007-06-13 28 GENEVIEVE CUA - The fund, the first to be listed on SGX, expects to make 10% annual distribution. GENEVIEVE CUA reports GENEVIEVE CUA ASIA'S wealth is burgeoning yet relatively little of it is believed to be going into hedge funds. An Australian funds management firm, itself started1,073 words
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Article679 2007-06-13 29 Faulted Wall St arbitration Critical study says panels tend to be friendly to industry Reuters [NEW YORK] Investors have their ups and downs in the market, but when it comes to resolving disputes with Wall Street brokers, they seldom win, according to a critical study to be released today. Investors– Reuters - 679 words
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Article, Illustration593 2007-06-13 30 STUART GORMAN - Consolidation after dotcom bubble has led to attractive valuations, says STUART GORMAN STUART GORMAN DOUGLAS Adams once wrote that "Nothing travels faster than the speed of light with the possible exception of bad news, which obeys its own special laws". Bad news does indeed travelSource: Lehman Bros, FTSE, Exshare through December 31, 2006; Source: Dealogic M&A Global,Kleinwort Macro research Data as at December 31.2006 - 593 words
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Article, Illustration1263 2007-06-13 31 MONEY MATTERS; ROY VARGHESE - What investors should plan for in the months ahead MONEY MATTERS ROY VARGHESE IT'S the Great Singapore Sale and everybody is in the market to buy. Although retailers are offering bargains, with quality products at a discount to the usual pricing, in the financialBLOOMBERG - 1,263 words
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925 2007-06-13 32 For fund managers, the technique may be better than index chasing Bloomberg IF the manager of your mutual fund tells you that holding more than 40 stocks helps eliminate risk, you probably aren't getting the full story. Odds are that the person overseeingBloomberg - 925 words
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Advertisement821 2007-06-13 28 Distributors: xjv, I Standard HH CltlDanK Chartered dmg*Partners™ I4KMarrill Lvnch Hotline: 6333 9000 Hotline: 1800 789 7000 Hotline: 6533 1818 y As represented by 5 shares listed on the Singapore and Tokyo stock exchanges, which serves as a proxy for the Asian property market for these Notes. Investors should note821 words
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Advertisement38 2007-06-13 28 I Lianhe Zaobao I Stocks I I related to I I Chongqing I I Chengdu I I after they are picked for I I pilot reform I I projects I I mm "amE" I I MM. HWOHIB* I38 words
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Advertisement1730 2007-06-13 29 GRAND BANKS YACHTS LIMITED (Incorporated in the Republic of Singapore) Company Registration Number: *****1189E NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at One'ls Marina Club *01-01,11 Cove Drive, Sentoea Cove, Singapore *****7 on Thursday, 5 July 20071,730 words
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Advertisement317 2007-06-13 29 jsr i wB -vj»' V.' SfcJltt l WB I i Invest in the new ABN AMRO Zero Strike Participation Certificates. Emerging Markets Certificates ABN AMRO Indonesia Index Zero Cert ABN AMRO Middle East Index Zero Cert If you want to be successful in the world Of ABN AMRO Philippines Index317 words
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Advertisement816 2007-06-13 30 VJlttUfciflF l i ,t. i/A j. i 4^Ky^^^M|n|^^^^^^^B3»MHl^BßßßHßßßlHßßllH^^^fliß^Bl^Hßß^^^BHßßi RaboJet Certs offer an innovative Underlying shares for Series 2: Oversea-Chinese Banking Corporation Limited, Keppel Corporation Limited, Allgreen Properties Limited, ComfortDelGro Corporation Limited opportunity to profit from the share r f Underlying shares for Series 3: United Overseas Bank Limited, Singapore Exchange816 words
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Advertisement292 2007-06-13 31 NANYANG UniymttyofCirfifonria -Fi i~~l I TKTIt/EbiOtTV I 7 A\ I /%T T derKeiey rr fto Nanyang Bosinejss School Haas School of Business v .v- .s .-.v.. -v-' 1 Merchants of ancient davs relied on iviercnanis ot ancient aays reuea on th e silk Road Asim InsiflhS.'Gratp'ntw paradigms Bid fraLwrksto and292 words
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Advertisement268 2007-06-13 32 ****r The scam was uncovered 111 I March after several financial instiMfl I I tutions complained to the police VfVHBRf rJI V t^at many cheques had the JMm names of payees altered, said £JWDeputy Public Prosecutor V| would pull out tSM I taining letters and keep the ones \g EB&m268 words
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