The Business Times, 16 September 2004
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2004-09-16
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The Business Times
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Title Section15 2004-09-16 1 THE BUSINESS TIMES slta^RjPsfl^ online at http://business-times.asia 1 .com.sg MITA (P) 023/03/2004 Thursday September 16,200415 words
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Article134 2004-09-16 1 Dsn 2,003.9* (+9.86) ST INDEX FUTURES 1.999.00 (-1.00) siMsa ***** (+1.35) SIMSCI FUTURES ***** (+1.10) MARKETS Wednesday Chang* KLSECOMP 853.24 -3.47 NIKKEI 225 11.158.58 -137.00 HANG SENG 13.084.40 -63.66 SET INDEX 662.28 +10.39 JAKARTA COMP 815.48 >6.47 TAIPEI WPI 5.871.07 -48.70 AUST ALL ORD 3.636.50 +6.30 BOMBAY IND134 words
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Article30 2004-09-16 1 TOP STORIES ...PG2-3 COMPANIES ...PG 4-9 SINGAPORE PG10-11 ECONOMY PG 12 FOREIGN PG 13-17 AVIATION PG 18 EDITORIAL PG 20 LETTERS PG 21 SHIPPING ....PG 24-27 BizlT PG 28-2930 words
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455 2004-09-16 1 SIOW LI SEN - Govt seeks views on current-year taxation By SIOW LI SEN [SINGAPORE] Switching to taxing current income an idea being mulled by the government is exciting consultants with the possibility of a tax holiday in the year of transition, as happened in455 words
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928 2004-09-16 1 WONG WEI KONG, JOYCE KOH - US fund manager Paulson explains why it aggressively raised its stake to over 9% By WONG WEI KONG, JOYCE KOH [SINGAPORE] Temasek Holdings has succeeded in its bid for Neptune Orient Lines, even though some players see the deal as unattractive.928 words
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Page 1 Advertisements
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Advertisement63 2004-09-16 1 FROM PLANES TO CRUISES MM easy Jet boss eyes budget cruise line pg 3 BizlT Data storage business looking good PG2B M CAMERON THE GREAT^H Ascott's new CEO, Cameron Ong, has lofty ambitions for the service apartment company BT ONLINE Subscribe now to The Business Times and get full access63 words
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Advertisement53 2004-09-16 1 MADE IN SINGAPORE Specialist engineering firm Technics Group looks to promising future PG32 «Mille Miglia» The sporting spirit by Chopard r-' m vmmismm FrSw A£// M «RACING THROUGH TIME» J A special exhibition featuring the finest of the Chopard MiUe Miglia collection Chopard Boutique, #01-18 Ngee Ann City, Tel. 65/673353 words
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Advertisement11 2004-09-16 1 INEW COMPETITOR Fbrmer Boardroom MD returns as a rival pg 611 words
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TOP STORIES
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573 2004-09-16 2 CHUANG PECK MING - Employment at 2-year high and retrenchments at 3½-year low in Q2 By CHUANG PECK MING [SINGAPORE] Thanks to a strong economy, employment rose to a two-year high in the April to June quarter while layoffs fell to a three-and-a-half-year low. And, according to573 words
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Article, Illustration643 2004-09-16 2 AMIT ROY CHOUDHURY - eSys cites economies of scale for making PCs here By AMIT ROY CHOUDHURY [SINGAPORE] IN a dramatic demonstration of faith in Singapore's manufacturing capabilities, home-grown IT company eSys Technologies is setting up a major factory here to make personal computers. In a few643 words
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Article799 2004-09-16 2 Sing Tel sells entire stake in Today newspaper SINGAPORE Telecommunications Ltd has sold its 29 per cent stake in MediaCorp Press, exiting the newspaper business. Sing Tel sold the stake to broadcaster MediaCorp for $13.7 million or 60.8 cents a share. MediaCorp Press' main newspaper, Today, chalked up799 words
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Article, Illustration635 2004-09-16 2 EDDIE TOH - COMMENTARY Now that Umno has shut him out, he's free to galvanise the opposition EDDIE TOH KL Correspondent MORE Malaysians, including some prominent businessmen, have been heading to Munich lately. And the chances are they have dropped in to see former deputy635 words
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Article, Illustration455 2004-09-16 3 VEN SREENIVASAN - He is also scouring region's cities for properties to set up budget hotel chain By VEN SREENIVASAN [SINGAPORE] Having made his mark in Europe with low-cost airline easy Jet, Stelios Haji-loannou now plans a Singaporebased budget cruise business. And the 37-year-old entrepreneur is alsoARTHUR LEE - 455 words
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419 2004-09-16 3 GEORGE JOSEPH - Workers must adjust so SIA can remain competitive By GEORGE JOSEPH [SINGAPORE] A much-pub-licised row between pilots and management of Singapore Airlines over pay and working conditions came to an amicable end with Minister Mentor Lee Kuan Yew telling the pilots419 words
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Advertisement58 2004-09-16 2 Incorporation services in all major jurisdictions Global network of offices Ready-made companies available Management and administration services China business registration Accounting and trade support services Virtual office solutions Personal and corporate bank introductions TO ARRANGE A FREE CONSULTATION CONTACT: SimonneToh T: +65 6535 3382 F: +65 6535 3991 E: singapofß@ocra.com.sg58 words
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Advertisement397 2004-09-16 3 V' -,!^pSb Jiliy^H •*¥zM ~Sf&wmß l■•aß pppppr gdß| x T v^Mf gggraranrr: H.M B I -iggM ■I Mf y II H I i *-P|» .flk H h| i 4 a ■Bf A K&fl MAI fl tn IfeH A Bit IMU JykjHtiSs?'' eE*MrLLiA t■. Only with the American Express* Singapore Airlines397 words
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COMPANY NEWS
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625 2004-09-16 4 JOYCE KOH - Sale comes less than a month after telco raised stake at half the price By JOYCE KOH IN a sale initiated by MediaCorp, Singapore Telecommunications yesterday said it sold its entire 28.51 per cent stake in MediaCorp Press (MPR) back625 words
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416 2004-09-16 4 KENNETH LIM - By KENNETH LIM SHARES of New Lakeside plunged 17.6 per cent to its lowest ever close at 14 cents yesterday following news of a surprise interim loss, while the Singapore Exchange said it is still reviewing the matter. New Lakeside on Tuesday416 words
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Article, Illustration500 2004-09-16 4 TANG WENG FAI - SINGTEL-SCV SUIT By TANG WENG FAI THE third day of hearing of the SingTel-StarHub court battle began yesterday with claims by Starhub that Sing Tel knew about its extension of the leased cable network to non-residential properties in 1997 but did nothing then toFILE PHOTO - 500 words
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Article587 2004-09-16 4 WONG WEI KONG - HOCK LOCK SIEW By WONG WEI KONG WHAT is good for Temasek Holdings may not be so good for the Singapore market. Temasek's offer for Neptune Orient Lines (NOL) raises once again the question of the hollowing-out of the local stock market. Yesterday, Temasek, which587 words
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368 2004-09-16 4 JEAN CHUA - By JEAN CHUA IN a restructuring move to unlock shareholder value and to focus on its core marine business, Chuan Hup Holdings is spinning off its non-marine assets into a newly formed company that is eyeing a mainboard listing. Mainboard-listed Chuan Hup in368 words
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621 2004-09-16 5 KENNETH LIM - Analysts split over whether it will rise further, or slip on signs of slowdown By KENNETH LIM AFTER almost four years, the Straits Times Index yesterday broke through the psychologically important 2,000-point barrier. But while some market observers believe that there's621 words
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Article, Illustration297 2004-09-16 5 TAILA KRISHNAKUMAR - By TAILA KRISHNAKUMAR IN a move to serve a rapidly growing base of Internet banking customers, DBS Bank launched a new online banking platform yesterday with partners IBM and Siebel. DBS said ißanking will resolve the "scalability problem" and replaces the outdated297 words
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Article, Illustration415 2004-09-16 5 JEAN CHUA - It's buying parent's 51% stake in Cosco Shipyard By JEAN CHUA COSCO Corp (Singapore) is acquiring 51 per cent of the shipyard business of China's biggest shipping group for 578 million yuan (Ssl 18 million). Mainboard-listed Cosco Corp (S) will buy the stakeFILE PHOTO - 415 words
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Article, Illustration542 2004-09-16 6 KENNETH LIM - Yvonne Goh leads backroom solutions provider KCS's S'pore operations By KENNETH LIM FOR all of July, Yvonne Goh was the retired former managing director of corporate services company Boardroom travelling, looking for cooking classes and thinking of moving to the US. By August,ARTHUR LEE - 542 words
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Article, Illustration444 2004-09-16 6 KENNETH LIM - By KENNETH LIM WITH its latest investments in the China sports events industry, Reed Group Holdings' chief executive thinks the loss-making company could enjoy a $1 million net profit boost this year and wave its going-concern problems goodbye. "We have put in placeFILE PHOTO - 444 words
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COMPANY BRIEFS
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39 2004-09-16 6 MAINBOARD-LISTED Portek International said it has recently landed 10 new contracts with a total value of about $50 million. The contracts involved provision of port management services, equipment modification and leasing of equipment.39 words
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23 2004-09-16 6 AIROCEAN Group has acquired a shelf company, EVS Holdings, as an investment vehicle, the logistics company said yesterday.23 words
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73 2004-09-16 6 OAKWELL Engineering yesterday announced that a dispute with Energy Power Systems, now known as EnerNorth Industries Inc, has been brought to the Canadian courts. Following a ruling by the Singapore High Court in favour of Oakwell last year, Canadian firm EPS has filed an73 words
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35 2004-09-16 6 BIL International yesterday announced the resignation of its chief financial officer Roch Low. Current deputy chief financial officer Philip Gunn will assume Mr Low's financial responsibilities.35 words
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45 2004-09-16 6 Reuters [HONG KONG] Investment holding firm Guoco Group Ltd said its first-half net profit jumped 98 per cent to HK52.44 billion due to the disposal of an associate firm and a revaluation of the firm's property portfolio. —ReutersReuters - 45 words
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Article4487 2004-09-16 6 UNIT TRUSTS FUNDS Cr«dit Aflricota AMt Mgt S'po™ Ltd CAAM Asia Vision Fund!** 1.049/1.103 ttSZwi-'**'"* 0.729/ KT4 <«"<» SW Europe told 2 f* Japan 0.*****.935 Star Europe Bal 1.047/ Mendaki Cap Pro fd *****/ Star Asian Tiger Eqty 0 894/ Shenton ThnW" H? Atia o~5i .1 345/ Shenton Income 1.438/14,487 words
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Article, Illustration653 2004-09-16 7 CHEN HUIFEN - Wireless surfing, limousine ride home for new mums among perks By CHEN HUIFEN TO woo more foreign patients and keep local ones, Gleneagles Hospital aims to become the Ritz-Carlton of the medical world in the next three years. And to achieve this, it is offeringARTHUR LEE - 653 words
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520 2004-09-16 7 VINCE CHONG - By VINCE CHONG BUDGET carriers are boosting demand for budget accommodation, but local hospitality players are confident the expected growth in travellers will be enough for all hotel types. About 40 per cent of consumers surveyed said they would spend less on hotels520 words
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Article, Illustration565 2004-09-16 7 VEN SREENIVASAN - By VEN SREENIVASAN TIGER Airways took off on its inaugural flight yesterday, pledging to beat the lowest fares offered by its low-cost rivals. The Airbus 320 aircraft with 160 passengers left for Bangkok in the afternoon to join what is turning outAFP - 565 words
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226 2004-09-16 7 Reuters [HONG KONG] Asian com panies with strong corpo rate governance outper form others over th medium term but lag whei markets rally sharply, j survey by investment housi CLSA said yesterday. The survey found com panies with high standard: of corporateReuters - 226 words
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Page 4 Advertisements
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Advertisement57 2004-09-16 4 LI I^HE o|H|m^M| The Board of Directors of KCS Limited is pleased to announce the opening of its Singapore office: KCS Corporate Services Pte Ltd 6 Battery Road #39-01 Singapore *****9 Tel: 6221 3348 Fax: 6221 3248 Website: www.kcs.com Managing Director: Yvonne Goh yvonne.goh@kcs.com 16 September 2004 v This announcement57 words
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Page 5 Advertisements
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Advertisement173 2004-09-16 5 I I I Ift l ilfllfifi iMtjk i km? Bfl rvTTTnTTTAXT V cx tut? l 2 3 4-bedroom apartments and penthouses available EXHIBITION VENUE H Hilton Singapore Set in over seven acres of riverside parkland H Malaysia Room, sth Storey 24-hour concierge service, residents' fitness and business centres I H173 words
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Advertisement13 2004-09-16 6 PIMCO Emerging Markets Bond Fund rated 5-star by Mercer Investment Consulting reSd 6r13 words
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Advertisement148 2004-09-16 7 Hf y||V« *7v t/j, I'J| MB, 1 Jr jfl|vm .Jh B Hb A Summit for all Family Business Owners, Professional Managers and Advisors... LEARN... How successful families manage succession, continuity and growth 1/ How to preserve family wealth and inheritance for generations How to survive as a professional manager with148 words
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SINGAPORE MARKETS
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Article, Illustration545 2004-09-16 8 R SIVANITHY - STOCKS Current sentiment is one of 'cautious optimism', though demand exists for only the real quality stocks R SIVANITHY Senior Correspondent "CAUTIOUS optimism" is perhaps an overused phrase which some critics say conveys as much meaningful information as "bargain hunting" or "profit taking".Source: Bloomberg - 545 words
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Article, Illustration1050 2004-09-16 8 KENNETH LIM - Compiled by KENNETH LIM Amtek Engineering Sept 15 dose: $1.30 KIM ENG RESEARCH, Sept 15 MOLD WE are downgrading Amtek Engineering to HOLD after the 17 per cent run-up in the share price. We had previously upgraded our recommendation on valuation ground with the view of an 18Source: Bloomberg - 1,050 words
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Article, Illustration496 2004-09-16 8 LARRY WEE - CURRENCIES LARRY WEE Senior Correspondent NEWS of a record second-quarter US current account deficit further undermined prospects for the US dollar in overnight trading, with Asian currencies once again well-sought. The U*****.2 billion Q2 shortfall exceeded most forecasts, and it did not help theSource: Reuters - 496 words
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TRADES TO WATCH
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90 2004-09-16 8 ASJ Holdings non-executive chairman Chia Soon Loi's stake in the electrical resistors supplier grew again on Tuesday as a nominee account's shopping spree entered its fifth day. Mr Chia now has a deemed stake of 10.49 per cent, up from 10.28 per cent, after90 words
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150 2004-09-16 8 ZHONGGUO PowerPlus non-executive director Zhang Chengbin saw his deemed stake in the newly listed agricultural equipment supplier halved over the past two weeks through open market divestments by his investment vehicle, Sino Horizon Group. Sino Group first sold 4.6 million shares on Sept 3, the day150 words
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75 2004-09-16 8 EXECUTIVE director of GP Industries Andrew Chuang Siu Leung sold 20,000 shares of the electronics company yesterday at $1.01 per share. This reduced his direct stake from 0.036 per cent to 0.032 per cent. In July Mr Leung exercised options to buy 130,00075 words
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65 2004-09-16 8 LIFEBRANDZ chief operating officer Kenneth Goh Tzu Seoh saw his direct stake in the health and beauty products brand management company rise from 13.4 per cent to 13.44 per cent, or 82.2 million shares, yesterday. This followed an open-market purchase of 200,00065 words
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76 2004-09-16 8 KENNETH LIM, TAILA KRISHNAKUMAR - Compiled by KENNETH LIM, TAILA KRISHNAKUMAR HONG Fok Corporation executive director Cheong Sim Eng bought 300,000 shares in the property group on Tuesday at 23.5 cents apiece. His open-market purchase raised his direct stake from 9.93 per cent to 9.99 per cent. Since August,76 words
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Article, Illustration434 2004-09-16 8 OTHER SINGAPORE INDICES Sep 15 VALUE CLOSE BT OB/OS 282.00 -109.00 BT CADI -*****.00 -25.00 BT 10-day MA -*****.00 +28.00 All-SG Equities 522.78 +2.84 SG Equities Elect 161.73 +0.48 SG Equities Fin 1651.23 +5.33 SG Equities Prop 484.98 +0.21 SIMSCI 242.27 +1.35 SiMSCI Futures 242.80 +1.10 MOST ACTIVE STOCKS VOLUME434 words
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BLUE CHIPS
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Article, Illustration981 2004-09-16 9 WONG WEI KONG - The Singapore property market is picking up, but recovery is no certainty, writes WONG WEI KONG WONG WEI KONG WITH signs of increasing activity in the Singapore property market, shares of CapitaLand, a blue chip property group, would be expected to keep on rising. But itSource: Bloomberg - 981 words
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Advertisement94 2004-09-16 9 7SSWETAX/ Our qualified professionals can assist you with offshore structures, shelf companies and incorporations in ALL British Virgin Islands Cayman Islands Bahamas Mauritius Hongkong Samoa Full nominee, management, secretarial, banking and corporate administration services are available. We also specialize in offshore trusts for assets protection estate planning. For further information94 words
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Advertisement91 2004-09-16 9 Run As A Company Take On The Standard Chartered Corporate Distance Challenge Compete as a company The tola! distance completed by all *he nr< regardless of race category nr finishing time »v I! d'-tcrr r -<' tr eci rporaU- B?" as a company for a great teambundmq opportunity 42fcm. 291 words
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SINGAPORE NEWS
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Article, Illustration499 2004-09-16 10 CHEN HUIFEN - The $62 million lab will focus on memory-related illnesses By CHEN HUIFEN PHARMACEUTICAL giant GlaxoSmithKline (GSK) will pump $62 million into a new research facility here that aims to seek a cure for memory-related conditions including Alzheimer's disease. The laboratory that will beAFP - 499 words
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310 2004-09-16 10 CHEN HUIFEN - By CHEN HUIFEN SINGAPORE is gearing up for more expansion activities with the introduction of two initiatives aimed at helping businesses here extend their market reach. f* m.»<WWV* One of thesp is the introduction of a specialist diploma in franchise310 words
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451 2004-09-16 10 DANIEL BUENAS - By DANIEL BUENAS LATIN American businesses are turning their sights to Asia, and Singaporean companies should not miss the opportunity to tap into the cross-flow of goods and services between these two regions, Trade and Industry Minister Lim Hng Kiang said yesterday.451 words
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239 2004-09-16 10 NANDE KHIN - By NANDE KHIN SINGAPORE'S first conference for the meetings, incentives, conventions and exhibitions (MICE) industry has received strong global support and is set to become the platform that connects Asia's events organisation industry. lECM@Singapore, an exhibition and conference dedicated to the MICE industry239 words
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277 2004-09-16 10 SEVENTEEN of the 19 persons who were detained for involvement in terrorismlinked activities in 2002 will have their Orders of Detention (ODs) extended by an additional two years, said the Ministry of Home Affairs (MHA) yesterday. These 19 people as well as three277 words
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Article, Illustration274 2004-09-16 10 THE Straits Times. Singapore's most widely read newspaper, is set to unveil a new look and new content come Oct 19. Advertisers and the media were given a sneak preview of the redesigned ST at a trade launch yesterday at the Ritz-Carlton274 words
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Page 10 Advertisements
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Advertisement171 2004-09-16 10 £2 SEE Licensing2oo4 Ha ii 401 Opening Hours 10.30 am 6 30pm (Daily) Tbe Meeting Point Fer intemaUonal Prawn Concepts jgrs <UARNINCSP iyb 1 SHL «A»**w«s *?a Jeep ■P|| v.. *6*. asn kn A *n nrn—i iinmn R£6 H ■Kv sfj nw fl HQ9 CNP ki JSS. SR ..MHd many171 words
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SINGAPORE FOCUS: SERVICES
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Article85 2004-09-16 11 NANDE KHIN - EDB'S IHQ AWARD Last week we featured two services companies which received the Economic Development Board's International Headquarters award. The remaining four which received the award at the same ceremony last week are profiled here. These four firms are engaged in myriad services from providing supply85 words
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Article, Illustration186 2004-09-16 11 CAS Systems a customer relationship management (CRM) solutions provider has had its name translated into Chinese as 'Kai Si', promising great success for the company in the Asia-Pacific region. 'Kai' means 'winning' in Chinese, while 'Si' represents 'ideas'. Thus, the German-based company's name denotes "winning186 words
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Article, Illustration282 2004-09-16 11 SINGAPORE'S business environment has come in for high praise from Ron Myers, president of America II Asia, prompting it to pick the Republic for its Asian headquarters. Mr Myers said Singapore has a highlydeveloped IT and logistics infrastructure, with renowned fiscal policies, and social and political282 words
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Article, Illustration277 2004-09-16 11 FOR Murex Southeast Asia, it was "logical and natural" to set up its headquarters in Singapore, said Nada Otayek, business development manager of Murex Southeast Asia. "Singapore is in a central and stable geographical location in South-east Asia, a region which promises high growth potential. Singapore also has277 words
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Article, Illustration320 2004-09-16 11 WITH more than half of the 7,000-odd multinational companies (MNCs) locating their regional headquarters here, it is only natural that Singapore was chosen to be the headquarters for Mercer Human Resource Consulting' Asian operations. "Singapore hosts many of our clients' global headquarters (in the case of320 words
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Page 11 Advertisements
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Advertisement80 2004-09-16 11 I 1 I I II I I m M m m Ml I Winners of 2004 National Science Technology Awards 1 k' They questioned, they explored and they pursued. Through it all, they made |H| major progress and contributions to science and technology. ■H Aawcy for f^t^^outstanding research scientists and80 words
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ECONOMY WATCH
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495 2004-09-16 12 Bloomberg [SINGAPORE] Singapore's retail sales rose a slower-than-expected 8.6 per cent in July from a year earlier as consumers bought fewer cars and sales of food and drinks fell. The increase in the Statistics Department's retail sales index was aBloomberg - 495 words
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452 2004-09-16 12 CHUANG PECK MING - It's likely to be last month of big jumps as low base effect wears off: analysts By CHUANG PECK MING A LOW base of comparison in August should have provided Singapore still another month perhaps the last for the year of dou-ble-digit growth in452 words
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Article, Illustration472 2004-09-16 12 Minister refutes Morgan Stanley view it's too bullish Bernama. Bloomberg, AFP [KUALA LUMPUR] Malaysia will stick to its growth projection of 6 per cent for 2005 based on a solid expected economic performance at the national and regional levels, said Deputy Finance MinisterBernama.; Bloomberg,; AFP; REUTERS FILE PHOTO - 472 words
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352 2004-09-16 12 Bloomberg [WASHINGTON] Traders increased bets to the highest in 31/2 months, that the yuan will rise, after Treasury Secretary John Snow said the US plans to keep pressure on China and other countries that manage the value of theirBloomberg - 352 words
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226 2004-09-16 12 Reuters [TOKYO] Japan's economy will probably grow at an annualised 2.8 per cent in the July-September quarter from the previous quarter, a survey of 38 private sector economists by the Economic Planning Association showed yesterday. The association, an economic analysis bodyReuters - 226 words
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Article397 2004-09-16 12 AP Reuters. AFP [WASHINGTON] Industrial production in the United States slowed in August, rising by just 0.1 per cent, suggesting the economy is still trying to work through a soft spot. The small rise in industrial activity reported by the Federal Reserve on WednesdayAP; Reuters.; AFP - 397 words
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356 2004-09-16 12 Reuters [JAKARTA] Indonesia foreign investment approvals fell 29.7 per cent to U553.76 billion in January to August this year compared to the same period in 2003, the state investment agency said yesterday. However, domestic investment approvals jumped to 21.65 trillion rupiah (Ss4 billion) from 15.47Reuters - 356 words
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MALAYSIA COMPANIES
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492 2004-09-16 13 Construction group will focus on Middle East and Asean markets [KUALA LUMPUR] Peremba Construction Sdn Bhd, which recently won the contract for the RM295 million Dubai International Financial Complex (DIFC), is eyeing more overseas projects, The Star daily said. Group managing director Ramli Ahmad492 words
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285 2004-09-16 13 [KUALA LUMPUR] Hwang-DBS Unit Trust Bhd expects its RMISO million (5567.5 million) Capital Guaranteed Fund II to be fully subscribed within a month, The Edge reported yesterday. Hwang-DBS Asset Management (M) Sdn Bhd executive director Teng Chee Wai told the daily that the285 words
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Article2135 2004-09-16 13 vol Gadang 132 -0.02 467 S*« WW- fOOO) Gamuda -530 -0.10 69 General CWp 0.52 -0.01 79 A* M Realty ISO -0.01 298 Genting 16 JO unch 103 Abric ...0.50 0.01 13 George Kent 035 -0.02 238 ACP Industries 1.3S 0.01 158 GHL Systems 036 0.012,135 words
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Page 13 Advertisements
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Advertisement167 2004-09-16 13 •v.■ :r^??PBIHHPB It i. O- <S6 «v*ryone can look up to nw J kh Of $0 won. Will think Ife macho S J ■Ml Zk&Ll fit MP I I Mr- Because you can't foresee a torrential storm, a falling branch or a sudden pothole, that's why we over-engineered the Touareg.167 words
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INDONESIA/MALAYSIA
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Article, Illustration635 2004-09-16 14 SHOEB KAGDA - Ex-general seen as having edge in security, economy, fighting corruption By SHOEB KAGDA in Jakarta FORMER general Susilo Bambang Yudhoyono has emerged as the clear favourite to win next Monday's presidential runoff, according to the results of two opinion polls released yesterday. MrSource: International Foundation for Election Systems (IFES)and Lembaga Survei Indonesia(LSI) - 635 words
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120 2004-09-16 14 Bernama [ALOR STAR] Japanese car maker Toyota Motor has expressed interest in setting up a car assembly plant in Kedah. "The company's senior officer discussed the matter with the state government on Tuesday and we will try to get the company to investBernama - 120 words
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415 2004-09-16 14 High crude prices force oil firms to seek new reserves Bloomberg, Reuters [JAKARTA] Indonesia, which is struggling to find reserves to replace aging fields and boost production, said a number of companies have submitted bids to explore for oil and gas in 11Bloomberg,; Reuters - 415 words
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254 2004-09-16 14 [KUALA LUMPUR] Murphy Oil Corp, one of the largest holders of exploration rights in Malaysia, announced new oil and natu-ral-gas discoveries off the Southeast Asian nation's coast. The deep water Senangin No 1 exploration well struck oil, and the Pertang No 1 well254 words
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Advertisement80 2004-09-16 14 STAY COOL STAY a CONNECTED jBP'" r i 1 j' •'•ft pf -'m II ;A -.r* IfilJiOTlWlMl! A stylish mini-fridge is yours (while stocks last) if you subscribe to The Business Times. Plus, you'll enjoy 10% off when you sign up for one year at $19.90 per month*. I To80 words
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GREATER CHINA
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481 2004-09-16 15 Raw materials purchases also fall in signs of industry slowdown Reuters [TAIPEI] The semiconductor industry is showing the first signs of slowing growth, trimming purchases of raw materials and production equipment as demand slows, industry executives and analysts said here on Tuesday. Taiwan's contractReuters - 481 words
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289 2004-09-16 15 Move aimed at enhancing lenders' profitability Bloomberg, Reuters [BEIJING] China will let commercial banks start fund-management companies in a move aimed at enhancing lenders' profitability and boosting the nation's capital markets. This is a step long awaited by the country's financialBloomberg,; Reuters - 289 words
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Article, Illustration51 2004-09-16 15 [SHANGHAI] A visitor takes a picture of himself near separated parts of a Maserati car during an Italian auto show in Shanghai on Monday. Foreign car manufacturers are aggressively pursuing the Chinese car market due to its potential 1.3 billion population and increasing economic wealth.AP - 51 words
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248 2004-09-16 15 Reuters [SHANGHAI] China will replace its chief markets regulator, an ex-banker who has come under fire for dragging his heels on much-needed reform, a government source familiar with the situation said yesterday. Shang Fulin, who took over from current central bank governor ZhouReuters - 248 words
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Advertisement270 2004-09-16 15 Sentosa Cove ritrc gem, in d fu rjcit setting. XTr ■HKTt Your once-in-a-lifetime opportunity to join Singapore's premier waterfront community in an island resort. e;!iim if;,L* die su< < '.-s-.tul launch its first salt «»t site. s«. i.r.,,,. II i> fir-.? •i* lop went <.t r 1 f v .i.;.'270 words
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INDIA
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Article, Illustration650 2004-09-16 16 Ajoy Sen - They seek to become more competitive and venture abroad From Ajoy Sen in New Delhi A proposal made some years ago to strengthen Indian public sector banks through mergers and acquisitions appears to be finding favour now. In the past year, a numberBLOOMBERG - 650 words
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320 2004-09-16 16 Reuters [NEW DELHI] In yet another move to check rising inflation, the Indian government is likely to announce a 10 per cent cut across the board in base import prices of all edible oils, a senior finance ministry official said yesterday. TheReuters - 320 words
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445 2004-09-16 16 Bloomberg. Reuters [BOMBAY] India's central bank will review its inflation forecast for the fiscal year ending March 31 next month, said Rakesh Mohan, a deputy governor at the Reserve Bank of India. Measures to slow inflation will be taken "as and when necessary,"Bloomberg.; Reuters - 445 words
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Page 16 Advertisements
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Advertisement931 2004-09-16 16 Notices I Singapura Finance Ltd (incorporated in the Republic of Singapore) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN THAT THE THIRTY-FIFTH ANNUAL GENERAL MEETING of the Company will be held at 391 A Orchard Road, Tower A #26-00, Ngee Ann City, Singapore *****3, on Tuesday, 12 October 2004931 words
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Advertisement334 2004-09-16 16 IN THE MATTER Of THE COMPANIES ACT, CHAPTER 90 SOMPO JAPAN RE MANAGEMENT (SINGAPORE) PTE LTD MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company convened and held at 26-1, Nishi-Shinjuku Ichome, Shinjuku-ku, Tokyo *****38, Japan on 10 September 2004, the following resolutions were duly passed: 1. SPECIAL334 words
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Advertisement360 2004-09-16 16 M THC MATTER Of THI COMMUNIS ACT, CAMO AND M THE MATTER OP SINQ BROTHERS (AUSTRALIA) INVESTMENT PTE LTD At vi Exkaonfcwy (tenant Mating of Sing Brothara (AuatraMa) Investment Pl* Ltd. duly haM at 88 Short Street *0943 GoMen Wad Cantra. Singapore *****6 on 18 Stpinnbif 2004 tw foiowlnQ rMokrttoos360 words
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Advertisement509 2004-09-16 16 \<WU low *v/ IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 ANO IN THE MATTER OF STERLING DATA PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50 that a Final General Meeting of the509 words
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ASIA-PACIFIC/WORLD
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Article, Illustration829 2004-09-16 17 ANTHONY ROWLEY - JAPAN INSIGHT Japan is hurting because Tokyo isn't coming to terms with the changing reality of the world ANTHONY ROWLEY Tokyo Correspondent A CRITICAL difference between China and Japan, as Japan's former foreign minister Makiko Tanaka observed recently, is that China has a "very clear national strategy"829 words
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Article, Illustration313 2004-09-16 17 AL LABITA - By AL LABITA in Manila MORE Cabinet-level resignations yesterday rocked Philippine President Gloria Arroyo's beleaguered government over the debt crisis issue, making the share market jittery. Worried about a looming political instability, foreign and local funds resorted to a wave of profittaking, causing theAFP - 313 words
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265 2004-09-16 17 Reuters [LONDON] Crude oil prices rose yesterday after US weekly inventory data showed crude stockpiles falling to their lowest level in six months, while Hurricane Ivan's passage towards the Gulf of Mexico further heightened supply fears. New YorkReuters - 265 words
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532 2004-09-16 17 Females heading depts earning more than males: survey [LONDON] The glass ceiling in the workplace has cracked and«may be about to shatter as women gain a bigger share of well-paid senior jobs, says The Guardian citing a survey. According to the paper, the532 words
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Page 17 Advertisements
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Advertisement352 2004-09-16 17 Plus Thai Desert Buffet Tom Yam or Herbal Chicken Soup. tuil hebu 12 -MX M Jm THE BLUE ELEPHANT Tel: 6438-4888 «Ol -06 Millenia Walk, 9 Raffles Boulevard VP elephant CATERING AVAILABLE CALL 1MM735 (Seafood by the oea /VV'VVs Aiwha COCT Clouovi Cvuxmai fto> hamc Ammo Sumo Dmcm jtiNGA Slap352 words
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Advertisement111 2004-09-16 17 ["Fantastic I value! I Hi J lam enjoy Salad, ice cream, -4? I load desserts like X ice kacangandtau suan plus fresh fruit for only $3* On order of any local or western delight from $6.90. t» ABprioi*** Mon-Fri: Lunch from 1130 am to 3pm j| (Except Public Holiday) f111 words
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AVIATION
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472 2004-09-16 18 VINCE CHONG, VEN SREENIVASAN - Most low-cost carriers often sell direct to consumers online: researcher By VINCE CHONG, VEN SREENIVASAN THE advent of low-cost carriers (LCCs) will hit traditional tour operators and boost the budget hotel industry, according to a report yesterday by travel research firm, Market Share.472 words
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213 2004-09-16 18 Bloomberg rrOULOUSE] Mobile calls from airplanes? Airbus, the world's largest passenger-aircraft maker, says travellers will be able to make them on commercial flights by 2006. The Toulouse, France-based aircraft builder completed its first in-flight trial of phones that use the global system forBloomberg - 213 words
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226 2004-09-16 18 AP [LOS ANGELES] Airport operations were back to normal early yesterday following a radio failure at a Federal Aviation Administration (FAA) control facility that tied up travellers for hours. At Los Angeles International Airport, the outage on Tuesday afternoon delayed some 400 flights. TwoAP - 226 words
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Article1824 2004-09-16 18 cm HJCHT ITA HJCWT rn) SK972 2155 Darwin A***** 1855 BA7382 2215 AdaiaMa LH9771 1840 BA7382 2215 QF82 2215 SQ230 1840 QF82 2215 Daaaa MI566 1920 MI566 0920 Amstardam SQ323 0615 GA974 0130 DalM SQ407 0710 IC856 1145 KL837 1450 KL838 2255 K3S7 1025 SQ408 18501,824 words
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291 2004-09-16 18 VEN SREENIVASAN - By VEN SREENIVASAN A COMBINATION of sharp capacity increases and moderate growth in loads saw Singapore Airlines' passenger loads slipping 5.8 percentage points from a year ago to 75.9 per cent in August. However, Changi Airport's passenger traffic surged 15 per cent in291 words
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Article, Illustration282 2004-09-16 18 Reuters [LONDON] British Airways pic, Europe's second-big-gest airline, is to cancel almost 1,000 flights out of London's Heathrow airport in the next three months to ease the congestion that led to travel disruptions. BA said yesterday it would cut 966 flights,Reuters; REUTERS FILE PHOTO - 282 words
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478 2004-09-16 18 Bloomberg [BRUSSELS] The European Union said the US would have to cut subsidies to Boeing Co to win a reduction in aid to Airbus as both sides prepared for talks this week on revising aircraftsupport restrictions. "Any tighter limitBloomberg - 478 words
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SHIPPING
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251 2004-09-16 19 Reuters [LONDON] A Mitsui OSK Lines-controlled oil tanker, detained at the weekend after French coast guard officials said it had left an 11km long oil slick off the Brittany coast, has been allowed to resume its journey after paying a 300,000-eu-ro (*****,570)Reuters - 251 words
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Article, Illustration777 2004-09-16 19 GEORGE JOSEPH - Industry leaders see big opportunities for Asia in various sectors By GEORGE JOSEPH [SINGAPORE] Latin America offers new opportunities for shipping and logistics businesses from Singapore and Asia as growing exports and increasing consumption drive the area's economic recovery. China's economic growth is fuelling theAIT PHOTO - 777 words
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Article198 2004-09-16 19 AP [CANBERRA] Australia has tightened security on both air and sea travel from Indonesia following the bombing of its embassy in Jakarta, a counterterrorism committee announced on Tuesday. Last week, Prime Minister John Howard announced a security crackdown at Australian airports, including screening of all luggageAP - 198 words
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Article, Illustration51 2004-09-16 19 [MANILA] A bomb-sniffing dog on guard for possible explosives hidden in passenger baggage at a port in the Philippine capital Manila yesterday. Security forces remain on high alert after last week's deadly bombing outside the Australian embassy in Jakarta which left nine people dead and some 180 injured.AFP - 51 words
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PORT SHOTS
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157 2004-09-16 19 Bloomberg [LONDON] Rotterdam, the world's largest cargo port, will face disruptions on Monday as the Netherlands's largest workers union stages a 24-hour strike against government plans to cut spending on pensions and social security. Protests will be organised by the Federatie Nederlandse Vakbeweging Bondgenoten unionBloomberg - 157 words
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Article86 2004-09-16 19 AFP [SEOUL] South Korea's Hyundai Mipo Dockyard said on Tuesday it has won a US$l44 million order to build four chemical products tankers for Japan's Cido Shipping. Hyundai Mipo said it would deliver the carriers between the third quarter 0f2007 and the first quarter ofAFP - 86 words
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746 2004-09-16 19 PT BANGSBERG - Without direct cross-strait transportation, Taiwan's plan to become a regional hub is in jeopardy By PT BANGSBERG YOU'D be forgiven for not noticing the simmering tension between Taiwan and China, at odds for over half-a-century and still without direct transport links. China last746 words
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Article80 2004-09-16 19 IN an article on marine insurance on Monday, the sub-head Region's shipowners shouldn't rely on Europe: insurer may have given the impression that Singapore insurance broker Richard Loo was suggesting that shipowners should not go to the European markets for their insurance needs. As the article itself states,80 words
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Article284 2004-09-16 19 sex sr feSV-. wt 15 g 4 »d CH Offshore .038 unch 272 ChuanHup .....0.58 uneh 1604 Cosco Investment ..0.87 unch 6017 CWT Distribution ....0.49 unch 9 Ezra Hkjgs 1.09 i*Kh 734 Freight LMs .0.10 0.01 461 Grand Banks Yacht .0.80 unch 21 Java Holdings 0.92 unch 2537284 words
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EDITORIAL & OPINION
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Article528 2004-09-16 20 EDITORIAL AS the northern summer gives way to autumn, the signs are growing that this may well develop into a season of discontent for those who think the US economic recovery is on track. Tuesday's news of a fall in August retail sales raises fresh concerns528 words
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Article, Illustration1266 2004-09-16 20 PAUL HENG - More people are eschewing the one-job-for-life route and turning to portfolio careers PAUL HENG CORPORATE loyalty, as we used to know it, is now passe. We once regarded so highly the person who spent his entire career with one organisation, branding him a loyal employee thatAFP - 1,266 words
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Article, Illustration796 2004-09-16 20 ROBERT SAMUELSON - THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group THERE may be many reasons for Americans to vote for John Kerry over George Bush, but "job quality" isn't one of them. Mr Kerry has been saying that the country is "shippingThe Washington Post Writers Group - 796 words
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Article, Illustration1240 2004-09-16 21 Lee Kuan Yew - The following is an exchange of letters between the President of the Executive Council of the Air Line Pilots Association Singapore (Alpa-S) and Minister Mentor Lee Kuan Yew, following the reaching of an agreement last week between Alpa-S and SLA management. Lee Kuan Yew To: HonorableRLE PHOTOS - 1,240 words
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699 2004-09-16 21 Cynthia Young Singapore - LETTERS TO THE EDITOR Cynthia Young Singapore PETER Stephens' article (Laos: a development crucible, Sept 14) on the Nam Theun 2 hydroelectric project and the benefits that will accrue to the people of Laos falls short of convincing the reader. Without going699 words
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482 2004-09-16 21 Lim Swe Guan, CFA Singapore - Lim Swe Guan, CFA Singapore I REFER to the article "Temasek's NOL offer takes on new shine" by Wong Wei Kong (Hock Lock Siew, Sept 10). His opinion is that Temasek only wants to restore its stake in NOL to above 30 per cent.482 words
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Page 21 Advertisements
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Advertisement101 2004-09-16 21 HAVE YOUR SAY Fax your letters to 6319-8277 or email them to bttetterGcph.coiii.sg or write to: The Business Tunes, SPH HQ, 1000ToaPayoh North, Podium Level 3, Singapore *****4. We need your fuH name, address and telephone number for verification. Please use temperate language, and bear in mind libel laws. We101 words
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Page 21 Miscellaneous
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Miscellaneous103 2004-09-16 21 CRYPTIC CROSSWORD ACROSS coat from 18 16 Aware feeling excluded large 23 Last Sidney returned, YESTERDAY'S SOLUTION 24 One of the bellringer's duties Across: 7 Interring, 8 Fleet, 10 I I I I I L_J_J__l I I I (4) Collapse, 11 Clever, 12 Ares, 13 Surnames, 15 Tea rose, 17103 words
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Article10270 2004-09-16 22 STRAITS TIMES INDEX STOCKS m ow ■> am an *Hgre«n50i 033 1.130 NOl 201 2.B00 BH. Iril) U530c 0«7 0995 «00»Q OCBC 10 83 1420Q *0200 CjpKjlaid 1-20 1 780 Pa»tiwayH2Sc 0.63 1.350 ♦0020 Own StwCond 0J2 1.070 <1020 People s Food HK50c 0J* 1.120 -0010 QtyQgr50c 2H10,270 words
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Article5861 2004-09-16 23 FINANCE COMMODITIES PRECIOUS METALS sep is GOLD (USS/oz) Sep 14 Sep IS Hong Kong 403.60 404.30/ 404.10 404.80 Sep 13 Sep 14 London 401.35 405.90 402.10 406.70 Source: Reuters CAST BAR Sep 15 JSfl Selling Buying Kilobar *****.85 ***** PAMP GOLD BARS (St) Selling Buying igm 51.45 22 5|m 147.005,861 words
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Advertisement1115 2004-09-16 24 mfcowT I niipwm* I 4ii»*nil 14/UrUI 9BJki AMl** I ii aiiiiiiiiii 2l2^M__a___.__A___M.___ 1 I fni iiftot. W im SUPBI SHUTTLE EXPRESS (SSX) HBWWBPBBBMHBWMI J I I Vissa VOT LGO IMW sST M M PKG ill I I I PiOHEDUOTD SOUTHAMPTON 44W35 01/09 19/09 21/09 JS>I W OOCIMNGIO 03W36 10/09 27/091,115 words
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Advertisement816 2004-09-16 24 1 1 I POUO WBOrlCo I vcsa/vot vmm Matron m kh m i sh i kt i straits vewure/io is £2 w/w iwi SIRAITS VENTURE/II 15 3? 19/09 22/09 29/09 01/10 03/10 STKAITS VEWTUKE /12 IS 31 I 07/10 10/10 11/10 WMTAIU/MNWOaQIVt 1 VBSa/VOT I MfffT) I HBCHTW) ITOK Of816 words
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Advertisement775 2004-09-16 25 trait twuKwijo snwww /tl For Schedules, BL Searches, and Container Tracking, visit on our HorT>e^oge|_^^^ft>gjfin^g^__ www.hamburgsud.com H A-^BUR(^ ASAF SKVKI (nro»T) l-tot H«lfar (45) 62M-2M3 SOUTH fkOfK SfUVKI (IXHWT) I-Hi (»> *777-7113 M» 7«= aa ST V lap :oMH« 006W 02/10 14/10 H« fat Gm» Ml M 2 12M SAH775 words
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Advertisement1138 2004-09-16 25 VESSEL VOY TP KG GOLDEN TRADE in7H I 17/9 I 11/9 20/9 PERTH BRIDGE 063 A 23/9 25/9 Sr Zl l tt/9 US NEW DYNAMIC 07M Jgl V)€l Sli— Jr^^: Cntwg HC Miil-SwaH) VR W W?|PKG SIN HKGTSHA IAO HSK VBSE^ZZJLSI_ SIN J0 mm ait WW 207T M/ 9 30/91,138 words
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Advertisement935 2004-09-16 25 WEEKLY EXPRESS SAIUMG SCHEDULE ALSO ACCEPTIN6 TO ALL NORTHERN AND WESTERN ICD POINTS VHSa VOT SM PJUAMG COUNMO tSMTO COUMMO HOTAPHBMKA YPWQ4I 13 Sg 15 Sg USg 2LSB 2152 IWDHU GAMDHI QOB4W 20 Sg 2? SEP ?5 SEP 28SEP 0100 KAJtV GAHDHI 0086W 27 S3 21 Sg S2JQO QLQQ JU£L_935 words
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Advertisement1024 2004-09-16 26 IAUf WALLENIUS WILHELMSEN website: http://www.2wglobfll.com LK MAO HOW Ml* SAV »A 1 ORF HT( HfW *0* VMM lAG4OI 1201 MS S.7SM I 14/09 13/10 TAR AGO AMIS 3201b« 6.4* I 21/09 21/10 21/10 29/10 02/11 01/11 04/11 25/10 THAS AMI 9 I 4201 MS 6.4 M 02/10 24/10 03/11 10/111,024 words
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Advertisement806 2004-09-16 26 vot sb m Jtosa m m jd cv/noi 0030f 14/09 is/09 MMIMTO 7 4511 11/ M HZM mSi 14/0» 14/01 1132 11/tt am LSKK* \tm is/09 h/m jujwiii mi u/n lizfis W 003 IP m. U/W *UW*T*2 0914 —U/09 21/00 ffiiSr ly/w lz/ia— MrSSSS \rm it/oo to/of -ntim lioow w/Q9806 words
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Advertisement440 2004-09-16 26 i BSA a. MYANMA ■H FIVE STAR UNE (MywuMr NiHmml Um) Loading far Yoagoa VESSEL VOT SM Ptt PEN PGU PAGAN 332W SO MPA-AN 326W 21/09 IN MALAYSIA: IOUSTEAD SHIPPING AGENCIES KIR: 03-*****300 PU: 03-*****101 PEN: 04-*****02 A lB 1 ACCEPTIWB COWVEMTIOHAL CBO HKG SM HKG SM PGU Pfl KUC440 words
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THE BUSINESS TIMES SHIPPING TIMES
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5908 2004-09-16 27 inUlbUdy, JCMICIIIUCI IV, tvvn VMM! y«y«t» T »>M" I ETA ETA MMrttar V««rt *°g«*_ ££ST SM Oarfa Mm JKSlSaa S SIN Dcsfn Mm* :»;»-.V: v ■.■'>.■ 29/09 1010 CMACGM CSAV HONG KONG *****S *****800 ARiniAN fARI) 2003 Cote D'tvoire 2»09 12/10 HamburgSud EVER GENIUS5,908 words
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BizIT
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Article, Illustration606 2004-09-16 28 RAJU CHELLAM - S'pore stands to benefit from the surge in demand, reports RAJU CHELLAM RAJU CHELLAM LARGE enterprises are ready to invest more money on beefing up their data storage systems to keep up with the continuing uptick in the global economy, new research data fromSource: IDC Corp - 606 words
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332 2004-09-16 28 Raju Chellam - Raju Chellam THE demand for HDDs (hard disk drives) is picking up across all markets and is stronger in the current quarter than in the previous one. That prognosis comes from the world's largest HDD maker, Seagate Technology Inc. The company, which is listed332 words
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Article, Illustration144 2004-09-16 28 SINGAPORE and Kuwait yesterday agreed to work together on a number of e-govern-ment initiatives. The agreement formalised cooperation in e-government between the two countries, and will promote dialogue on e-government issues, so as to identify ways to accelerate its development in Kuwait. Other initiatives include144 words
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383 2004-09-16 28 RAJU CHELLAM - IT engineers bag nat'l science tech awards Data Storage, STMicro staff among winners By RAJU CHELLAM [SINGAPORE] Researchers from the Data Storage Institute (DSI) and European semiconductor giant STMicroelectronics were among the 11 who won the 2004 National Science and Technology Awards, which were given out yesterday at a dinner383 words
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456 2004-09-16 28 Bloomberg [NEW YORK] Oracle Corp, the world's third-largest software maker, reported a 16 per cent gain in firstquarter profit on rising demand for its database software. Net income rose to US$5O9 million, or 10 cents a share, from US$44O million, or eightBloomberg - 456 words
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274 2004-09-16 29 RAJU CHELLAM - Integrated services routers can facilitate intelligent networks By RAJU CHELLAM NETWORK equipment giant Cisco Systems Inc has launched its newest line of routers devices in a network that handle how messages are transferred between computers targeted at SMEs (small and medium enterprises) and branch274 words
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584 2004-09-16 29 It becomes the latest player to sell song downloads NYT [NEW YORK] In a move to expand its role in the online music business. Yahoo announced on Tuesday that it would buy Musicmatch, a company that sells music online, for US$l6O million. The moveNYT - 584 words
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Article, Illustration161 2004-09-16 29 AP [SEATTLE] Microsoft Corp announced on Tuesday that it has found a new security flaw with its Windows XP operating system and warned that an attacker could infiltrate other computers by persuading their owners to open a specialised graphics file. The companyAP - 161 words
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Page 28 Advertisements
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Advertisement971 2004-09-16 28 Notices NOTICE OF ANNUAL GENERAL MEETING TAT SENG PACKAGING GROUP LTD. (Incorporated in the Republic of Singapore) NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at 28 Senoko Drive, Singapore *****4 on 1 October 2004 at 10.00 a.m. to transact the following business:AS971 words
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Advertisement28 2004-09-16 28 CISCO'S NEW ROUTERS FOR SMEs The three series of integrated services routers are the first to deliver secure, high-speed data, voice, video and other advanced services. PG 2928 words
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Advertisement13 2004-09-16 29 BLUE CHIPS mfr**f-/'' *2?J "*'^W" i—i nrKiKiv/ rTi rv r~-\/r PENNY STOCKS MBUSINESgIM|S13 words
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PROPERTY
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Article, Illustration671 2004-09-16 30 KALPANA RASHIWALA - Changes to tax rules by government set to propel development of Reit industry in Malaysia By KALPANA RASHIWALA SINGAPORE'S leading real estate investment trust (Reit) manager, Capita Land, is gunning for a role in the development of the Reits market inFILE PHOTO - 671 words
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270 2004-09-16 30 ANDREA TAN - By ANDREA TAN POTENTIAL home buyers can look forward to visiting at least four showflats this weekend. Far East Organization is officially launching its Soho at Central next to Clarke Quay MRT station. Listed property and construction group Chip Eng Seng is having a270 words
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Article, Illustration983 2004-09-16 31 ANDREATAN - ANDREA TAN talks to Ascott's new CEO who has lofty ambitions for the serviced apartment firm ANDREATAN GOOD is not enough for Cameron Ong, the newly appointed chief of serviced apartment group Ascott. "Great" is what he's after. Just six weeks into the job, Mr OngARTHUR LEE - 983 words
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1324 2004-09-16 31 I Bk. jm. J I A. 1 J i B. PROJECT NAME/ PROP CONTRACT TENURE BUItWNAANO PRICE PSF STREET NAME TYPE DATE AREA*(SQFT) (SS'OOO) (S$) District 02 LANDED Spotfewoode P»k Rd 3-Ter 7/6/04 FH 2397 1950 813 District 09 NON-LANDED Aspen1,324 words
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317 2004-09-16 31 KALPANA RASHIWALA - By KALPANA RASHIWALA COLLIERS International Asset Management (CIAM) yesterday bagged the job of managing 24 vacant state sites from the Singapore Land Authority and its chief operating officer, Wong Yew Heng, told BT it won't lose money from the contract317 words
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Advertisement64 2004-09-16 30 MARYLAND PARK FOR SALE BY TENDER "'M../ •->.yrA Freehold Approximately 246,000 sq ft Plot ratio 2.8 Tel: 6224 8181 cb richard ellis i Jar vj 11 i u \JI Ai» 4 i'. 4 v 1 m Gala Party at Cairnhill Crest. BY INVITATION O NLV. ENQUIRY: (65) 6297 01 1164 words
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Advertisement125 2004-09-16 31 I Got the right home? Now get the right home loan. I Buying a house in Singapore is a heavy investment. However, you can still have the freedom to live life the way you want, with HSBC home loans. Enjoy these benefits when you take up an HSBC home loan:125 words
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Advertisement87 2004-09-16 31 i I «IOPtHTY CONSULTANTS I nUwIIUll I Contact I Doris 20 units 60 years leasehold I 9666 5697 ramp-up factories in Kaki chow ks n llri+ inailctrLa} Pjk Hr 1 9685 7557 dUKiI ifiQUSinai rank I (Auction Dept) Size from 4,5005f "to 6,300sf 250 North Bridge Road, I H #09-02,87 words
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Advertisement27 2004-09-16 31 CORPORATE BUILDING SAL£ Near 2 MRTs; ***** sq ft lettable area Right In the City. Building for people Who believe in Image 96 71 71 71 mrazoN27 words
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MADE IN SINGAPORE
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Article, Illustration861 2004-09-16 32 CONRAD TAN - Technics Group may be in the red last year but the specialist engineering firm is banking on growth picking up next year. Its MD shares more with CONRAD TAN CONRAD TAN SPECIALIST engineering firm Technics Group Holdings has been through some rather turbulent times,ARTHUR LEE - 861 words
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Article, Illustration1062 2004-09-16 32 JESSICA CHEAM - By JESSICA CHEAM JUST as Singapore began as a small country with big aspirations, this homegrown company has learnt that we are never too small to have big dreams. Kensteel Engineering Pte Ltd began as a small manufacturing company in 1993 and1,062 words
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Advertisement857 2004-09-16 32 WHO would have guessed that a non-oil producing city-state like Singapore is today the world's third-largest oil refinery hub, after Rotterdam and Houston? Not only that, Singapore has also been a major oil trading hub since the early 1900s. As one might imagine, Singapore's position as a key oil refinery857 words
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