The Business Times, 15 March 2005
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2005-03-15
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The Business Times
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Title Section15 2005-03-15 1 THE BUSINESS TIMES Tuesday, March 15,2005 SlNG*Olt£i^ online at http://business-times.asia 1 .com.sg MICA (P) 089/03/200515 words
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622 2005-03-15 1 WONG WEI KONG - By WONG WEI KONG [SINGAPORE] The Solitaire affair still isn't over for SembCorp Industries (SCI) at least not for now. News agency headlines early yesterday wrongly implying that SCI had settled the Solitaire dispute with Swiss-based Allseas caused a flurry of622 words
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Article, Illustration712 2005-03-15 1 ALEXANDRA HO in Singapore, SHOEB KAGDA in Jakarta - BT exclusive Developers interested, but laws have to be changed By ALEXANDRA HO in Singapore, SHOEB KAGDA in Jakarta WITH the neighbouring island of Batam having been busted for illegal casinos that remain closed on central government orders, the Indonesian resort island of BintanFILE PHOTO - 712 words
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Article2637 2005-03-15 1 STI 2,168.97 (-0.44) ST INDEX FUTURES 2,164.00 (-4.00) simso 256.60 (-0.13) SIMSO FUTURES 256.10 (-0.60) MARKETS I Friday Change KLSECOMP 901-64 +0.19 I NIKKEI 225 11J50.25 -73.64 I HANG SENG 13.906.85 +15.92 I SETINOEX ***** -10.76 1 JAKARTA COMP 1.123.482 +15.435 I MANILA COMP 2,115.61 -21.78 I SEOUL2,637 words
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Page 1 Advertisements
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Advertisement32 2005-03-15 1 J* YUAN PEG says change couldcome wafr unexpectedly pg3 HOME LOANS Two local banks to hike rates PG2 Wwy The boom in upmarket homes in Kuala Lumpur PG 30 8 mil lull!32 words
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Advertisement62 2005-03-15 1 CIRCUIT BREAKERS Adoption on SGX could backfire: market players PG4 yvt"" yr J* -tstJijMt „>-' L M glgg fey^>Bft wl 4gf. M^SB i P??* v >k. flJfc- *jj• W>• .'Wi;. <** 4^-> "ijPMt. y* .-N* <*Es H 9 9Hn| CHRONO MONCM>CXJSSCHK A aiii ?'-fipß I<m S9H| fes B flBH| iff62 words
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Advertisement15 2005-03-15 1 Mi -km- S:. v ■>; 4-' ~u\ mmmmmmjmmrnm travel SLA takes fight to rivals with ■eaHEMßß^fan^^z15 words
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TOP STORIES
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413 2005-03-15 2 ALEXANDRA HO - DBS increasing rates from May 1 so customers have time to adjust By ALEXANDRA HO [SINGAPORE] Two Singapore banks have finally caved in and announced that they will increase their home loan rates. The first off the block is United Overseas413 words
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366 2005-03-15 2 ALEXANDRA HO - By ALEXANDRA HO [SINGAPORE] Singapore Airlines is upping the ante on some regional routes where low-cost carriers are fighting tooth-and-naiL against it and one another. To gain market share, SIA yesterday announced $98 return fares to seven destinations, including Bangkok, Hong Kong.366 words
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687 2005-03-15 2 SHOEB KAGDA - By SHOEB KAGDA in Jakarta THE Marlboro man is about to ride into Indonesia in what has been described as the single largest corporate purchase in the country's history. American tobacco giant Philip Morris International has offered to buy Indonesia's third687 words
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Article607 2005-03-15 2 Move to prevent investor panii; jfould backfire CIRCUTT breakers, whether for the stock market index or individual stocks, could end up causing more panic among investors rather than preventing it, fund managers and brokers warned yesterday. Moreover, there is no consistency in what intervention is suitable exchanges which607 words
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Article, Illustration698 2005-03-15 3 Country needs macroeconomic and financial stability before making changes: Wen Jiabao Bloomberg [HONG KONGI China is laying the groundwork for a more flexible exchange-rate system and may introduce changes "unexpectedly", Chinese Premier Wen Jiabao said. The government has yet to reach agreement on howBloomberg - 698 words
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Article, Illustration554 2005-03-15 3 CHUANG PECK MING - By CHUANG PECK MING [SINGAPORE] More employers in Singapore plan to hire in the April-June quarter, after a dip in the number in the past six months. Employers intending to hire exceed those anticipating a cut in jobs by 12 percentage pointsSource: Manpower Employment Outlook Survey - 554 words
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Advertisement387 2005-03-15 2 Swaps Work! Swaps in different financial markets Dates Swaps are extensively used in different financial markets money and 14-15 April 2005 capital markets, foreign exchange, equity, commodity and of recent 9.00 am -to 5,00pm times, in managing credit risk and in trading volatility and correlation. Though there are common terms387 words
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Advertisement13 2005-03-15 2 Fresh jobs everyday Read our newspapers for a fresh set of jobs everyday!13 words
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Advertisement238 2005-03-15 3 Only Sing Tel 3loGy enables vision to take shape in more ways than one. Be part of the moment. Sing Tel 3k>Gy gives you the. edge by letting you access the information superhighway at speeds of up to 384kbps. So, you can use your 3G mobile phone to check email238 words
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COMPANY NEWS
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Article, Illustration528 2005-03-15 4 VEN SREENIVASAN - $990m contract from AP Moller-Maersk keeps order book healthy By VEN SREENIVASAN IN its single biggest deal ever, Keppel Fels has clinched a contract to build four jack-up rigs worth over $990 million for AP Moller-Maersk AS, the world's biggest shipping group.528 words
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536 2005-03-15 4 ANGELA TAN, R SIVANITHY - CIRCUIT BREAKERS There is also no consistency in what intervention is suitable By. ANGELA TAN, R SIVANITHY CIRCUIT breakers, whether for the stock market index or individual stocks, could end up causing more panic among investors rather than preventing it, fund536 words
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319 2005-03-15 4 JOYCE KOH - By JOYCE KOH UNITED Overseas Bank (UOB) yesterday clarified reports in Malaysian newspapers that it has bought into NasionCom Holdings, Malaysia's first full-fledged broadband telephone company. UOB's spokeswoman told BT yesterday that the acquisitions were made by funds managed by UOB's asset management319 words
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700 2005-03-15 4 R SIVANITHY - HOCK LOCK SIEW By R SIVANITHY THE issue of whether "circuit breakers" have a place in the local stock market crops up every so often, usually in response to some sort of abnormal occurrence that causes increased volatility either in a particular stock or700 words
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Article, Illustration476 2005-03-15 4 TEH HOOI LING - By TEH HOOI LING ASCENDAS Real Estate Investment Trust (A-Reit) has signed a put-and-call option agreement yesterday to buy Hyflux Building at Kallang Bahru for $19 million. The acquisition of the property will be accretive to A-Reit's distributable income per unit (DPU). The476 words
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Article, Illustration438 2005-03-15 5 ROLAND LIM - By ROLAND LIM MAINBOARD-LISTED Trek 2000 International has struck an alliance with Imation Corp that will see the US-listed storage media specialist distributing and selling a line of Trek's portable storage products globally. Trek's chief executive officer Henn Tan said:FILE PHOTO; Source: Bloomberg - 438 words
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COMPANY BRIEFS
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65 2005-03-15 5 ROTARY Engineering has acquired additional shares in Innovative Biotech, paying $338,000 or 50 cents apiece for 676,000 shares of $1 each. The willing buyer-willing seller purchase from two individual vendors took into consideration Innovative Biotech's unaudited net tangible assets per share of 7065 words
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61 2005-03-15 5 HO Wah Genting International has changed its name to Global Ariel. The new name, which came into effect last Friday, is meant to reflect the change in the company's majority shareholding and to position it for a change of its business. Ariel Singapore61 words
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75 2005-03-15 5 UNIFIED Communications Sdn Bhd, a wholly owned subsidiary of Unified Communications Holdings, says the memorandum of understanding it signed with Uzbektelecom has lapsed. The memorandum was signed last September and then extended, with the intention of a possible joint venture between the two parties to75 words
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36 2005-03-15 5 LEE Teck Leng Robson, non-executive director of Best World International, is redesignated as an "independent director" from today. Mr Lee becomes chairman of the remuneration committee in place of Lee Sen Choon.36 words
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68 2005-03-15 5 CHINA Food Industries' wholly-owned subsidiary, Junan Hengxing Foodstuff Company, has entered into a pact with Shandong Junan Chunyuan Foodstuff Company to buy a soya-oil and soya-meal factory, including its business. The deal is worth about $16.5 million. The acquisition is expected to have68 words
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Article536 2005-03-15 5 RAJU CHELLAM - Rise comes even as makers' book-to-bill ratio hits lowest level since Nov 2002 By RAJU CHELLAM DESPITE shrinking sales in the semiconductor sector, sales of chip-making equipment rose 19 per cent in January this year over last, giving a glimmer of hope to the536 words
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Article, Illustration348 2005-03-15 6 WONG WEI KONG - By WONG WEI KONG JP MORGAN'S No 2 man in Asia, Bart Broadman, is leaving after 14 years, the second biggest US bank said yesterday, Mr Broadman, who is based in Singapore, is vicechairman for JP Morgan Asia Pacific and head of Asia markets.FILE PHOTO - 348 words
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Article, Illustration279 2005-03-15 6 DALENA LEE - It clinches two overseas contracts for its high-tech equipment By DALENA LEE THE demand for high-tech counter-terrorism equipment worldwide has helped Singapore-based Stratech Systems Limited clinch two overseas contracts for its intelligent Vehicle Access Control Systems (iVACS). This is a breakthrough for the companyFILE PHOTO - 279 words
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451 2005-03-15 6 AMIT ROY CHOUDHURY - CG Technologies wants IPO to help it raise funds for making PET chips By AMIT ROY CHOUDHURY ANOTHER China company has set its sights on a Singapore stock exchange listing. CG Technologies, Which makes PET chip and yarn products in China, yesterday lodged its451 words
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Article4165 2005-03-15 6 UNIT TRUSTS FUNDS UP G'teed 5.0rt 1 *****/ UP G'twd 7.0/2 1.*****/ UP G'teed Fun) 5.013 1.071/ "f* (S >°'* UP G'teed fund 7.0/3 1.0896# Star Eirope Eqty! 032V Upswing Fund 5.0/1 0.8622/ Star Euope tend UW upswing Fund 7.0/1 0.*****/ Star Europe Bal 1.15* uPswtifc FUND 5.0/2/90% 0.*****/ StarAsianTigerEgy4,165 words
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Advertisement271 2005-03-15 4 NOTICE TO NOTEHOLDERS ARAGORN INVESTMENT CORPORATION LIMITED (the "Issuer") (Incorporated as a company limited by shares in the Republic of Singapore) U5528,000,000 CLASS A 1 FLOATING RATE NOTES ("Class A 1 Notes") U5573,000,000 CLASS A 2 FLOATING RATE NOTES ("Class A 2 Notes") 5510,000,000 2.05 PER CENT. CLASS B NOTES271 words
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Advertisement252 2005-03-15 5 SHmbri I Now you can enjoy exclusive Thai hospitality for less. Fly to selected destinations 4n Asia and «•*s?* -t-'i "A V ''V v v 14 '.S J V",-.- >.' '*>,•* >'* c i.-*V r A-\*' •<<*?•- ■**<?• y •-"'7 y Europe in our renowned Royal Executive Class at lower252 words
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Advertisement32 2005-03-15 6 DIT Europazins Best Bond Europe Fund over 1yr, 3yrs and 5yrs category* rated AA by Standard Poor's. Allianz (jfi) Dresdner Asset Management A Source: The Edge-Lipper Singapore Funds Awards 2004 companyregn.no i*****i69Z32 words
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Advertisement581 2005-03-15 7 What happens when your IT infrastructure can't adapt to rapid changes in environment? Fujitsu gives your IT system the agility to approach that incorporates the latest business-critical com- >> respond quickly with TRIOLE. At some point your puting technologies like Fujitsu PRIMERGY blade servers. 1 IT infrastructure began to take581 words
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SINGAPORE MARKETS
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Article, Illustration514 2005-03-15 8 R SIVANITHY - STOCKS Weak trading as interest is confined to stocks with some news or story surrounding them R SIVANITHY Senior Correspondent ell the banks, buy the governmentlinked companies (GLCs)' may well have been the mantra in the local stock market yesterday, where the battle forSource: Bloomberg - 514 words
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Article, Illustration870 2005-03-15 8 JOYCE KOH - Compiled by JOYCE KOH Venture Corp March 14 dose: $14.6 Kim Eng Research, March 14 WE are upgrading Venture Corp to HOLD on valuation-. Share price has declined 12 per cent since it announced its final results in late Febhas been flat over the same period. Valuation hasSource: Bloomberg - 870 words
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Article, Illustration534 2005-03-15 8 LARRY WEE - CURRENCIES LARRY WEE Senior Correspondent THE US dollar managed yesterday to recoup most of the losses it suffered last Friday when a larg-er-than-expected trade deficit was announced, and despite the threat of more poor US data to come this week. The greenback initially extendedSource: Reuters - 534 words
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TRADES TO WATCH
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Article121 2005-03-15 8 GUTHRIE GTS executive chairman Putra Masagung's deemed shareholding in the mainboard-listed investment holding company has been inching up, with the latest reported open market purchase of401,000 on Thursday last week, raising the stake to about 180.5 million shares, or 18.68 per cent, up from 18.64 per121 words
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127 2005-03-15 8 MADAM Tai Kim Fong, the wife of GK Goh's non-executive director Lim Keng Jin, sold 600,000 shares on Friday last week at 95 cents apiece. The sale was done in the open market at her own discretion. With the sale, Madam Tai now127 words
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96 2005-03-15 8 LEE Kim Tah Holdings executive chairman's deemed stake in the construction company has been raised to 58.44 per cent, up from 58.41 per cent. This follows an open-market purchase of 142,000 shares by Lee Kim Tah Investments at 27.845 cents each. Mr Lee has96 words
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Article, Illustration75 2005-03-15 8 ALEXANDRA HO - Compiled by ALEXANDRA HO ASIATRAVEL.COM Holdings' executive co-chairman Ong Nai Pew has raised his holding in the company, buying 200,000 shares on Friday last week in the open market at 23 cents each. His deemed stake is now close to six million shares, or 3.0575 words
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Article, Illustration441 2005-03-15 8 OTHER SINGAPORE INDICES Mar 14 VALUE CLOSE BT OB/OS -99.00 +34.00 BTCADI -*****.00 -100.00 BT 10-day MA -*****.00 -10.00 All-SG Equities 561.42 +0.03 SG Equities Elect 143.03 -0.64 SG Equities Fin 1613.13 -10 60 SG Equities Prop 565.17 -2.35 SIMSCI 256.60 -0.13 SiMSCI Futures 256.10 -0.60 MOST ACTIVE STOCKS VOLUME441 words
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SMALL CAPS
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Article394 2005-03-15 9 TEH HOOI LING - By TEH HOOI LING DESPITE the rather cautious sentiment in the market in the last five trading sessions, our small cap portfolio still managed to outperform both the UOB Sesdaq Index and the Straits Times Index. It edged up 0.3 per cent compared with the394 words
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Article, Illustration745 2005-03-15 9 ANGELA TAN - F&B firm Zhongguo Jilong a step ahead of rivals as it expands into Japan, says ANGELA TAN ANGELA TAN Zhongguo Jilong Ltd is in talks with more than 20 potential Japanese customers for its freeze-dried products, which finance manager Koh Chee Wei believes will underpin net profitsFILE PHOTO; Source: Bloomberg - 745 words
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Advertisement20 2005-03-15 9 I WKm ■h ~/^|^H^r jjj^M ■iifii^ /X'j j BHB BHfl^^E a#^^^bß' nm fl HT SSBEI I IMBR THE BUSINESS TIMES20 words
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Advertisement308 2005-03-15 9 J »1 ■11^ KSyiars I n I i proudly presents the OPTIONS COURSE The Secret to High-Profit Low-Bisk Trading Strategies At this unique FREE SEMINAR, you will learn I Harvard-educated hedge I fund manager George how It IS possible to: fwttanillsisan Trade on the USA Major World Markets !!Tlr" y308 words
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SINGAPORE NEWS
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372 2005-03-15 10 LIZA LIN - Case pushing for fair trading act to cover insurance, banking, financing By LIZA LIN DISHONEST insurance agents beware. The Consumer Association of Singapore (Case) is working towards expanding the Consumer Protection (Fair Trading) Act to include the banking, insurance and finance sectors, and it372 words
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420 2005-03-15 10 MICHELLE QUAH - By MICHELLE QUAH IN what appears to be the penultimate chapter in the legal saga involving money brokers Prebon Yamane and BGC Partners, Prebon has submitted its closing argument to the Singapore High Court reiterating its request for a series of injunctions to420 words
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Article, Illustration214 2005-03-15 10 ROLAND LIM - By ROLAND LIM NASDAQ-LISTED network computing major Sun Microsystems officially launched its US$5 million solution centre in Singapore yesterday. One of four in the world, Sun's Asia South iForce Solution Centre is a development and testing showcase for its solutions. "There now is aFILE PHOTO - 214 words
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363 2005-03-15 10 CAROLYN QUEK - By CAROLYN QUEK It started out in Singapore a year ago offering customised leadership training programmes for organisations in the region. But as of yesterday, the non-profit Centre for Creative Leadership (CCL) has started offering its flagship leadership development363 words
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Advertisement2055 2005-03-15 10 Mobile One Ltd iffli (Incorporated in the Republic of Singapore) (Company Registration No. *****6031W) NOTICE IS HEREBY GIVEN that the 3rd Annual General Meeting of the ordinary shareholders of the Company will be held at the Hilton Singapore, Vista Room (Level 3), 581 Orchard Road, Singapore *****3 on 31 March2,055 words
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SINGAPORE FOCUS: INDUSTRIES
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Article, Illustration898 2005-03-15 11 CAROLYN QUEK - CONSUMER ELECTRONICS/INFOCOMMS Companies' increasing emphasis on an integrated value chain and relocation of supply chain efforts in Asia are good news to EDB's bid to draw MNCs to S'pore. CAROLYN QUEK reports CAROLYN QUEK THE electronics and precision engineering cluster has always been the traditional stalwartAP - 898 words
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317 2005-03-15 11 THEY were already manufacturing 3G mobile phones here in Singapore. In fact, their Singapore plant is the main site for 3G phones, as it produces 60 per cent of Motorola's output of 3G phones. With the setting up of their 3G research317 words
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Advertisement83 2005-03-15 11 The Pimlico Apartments lISJOHSIBHEI 1 1 '-i' ■''Mil mm ijMjJijßj 0 llSslil!lasTM <v^ v 1 M An exciting investment opportunity jJgHgL^B;^ 2 bedroom apartments from £400,000 w Jafcl y No stage payments iJP J||jjK I 1 Completion mid 2005 Call today for 6836 6888 1 9824 8520 INVESTOR EXHIBITION 19TH/20TH83 words
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ECONOMY WATCH
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434 2005-03-15 12 Reuters [HONG KONG] Next week's expected hike in US interest rates will be the final straw for Hong Kong banks, analysts say, as local lenders will no longer be able to keep rates low to help boost loan demand. Hong Kong's banksReuters - 434 words
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Article, Illustration395 2005-03-15 12 Stable market forces among factors boosting '05 growth to 8-9% Xinhua [BEIJING] China's economy is still on the fast track, and its growth is expected to reach between 8 and 9 per cent in 2005, said a report published recently by the China Centre forXinhua; AFP - 395 words
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188 2005-03-15 12 Bloomberg [BEIJING] China may be understating the pace of its economic growth as the contribution of new service industries isn't properly reflected in GDP calculations, said Li Deshui, head of the National Bureau of Statistics. A nationwide economic census now under way focusing on the tertiaryBloomberg - 188 words
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419 2005-03-15 12 Bernama [KUALA LUMPUR] A recent surge in capital inflows has raised worries about limits to mop up the excess liquidity through sterilisation, said Citigroup Global Markets Inc. Driven by hopes of ringgit appreciation and interest rate differentials in favour of Malaysia, portfolio investmentBernama - 419 words
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168 2005-03-15 12 Bloomberg [TAIPEI] The Taiwan government is seeking support from lawmakers to impose a minimum tax rate on companies to help bolster revenue amid a widening budget deficit, Finance Minister Lin Chuan said. "The Ministry of Finance hopes to have reasonable tax rates," Mr LinBloomberg - 168 words
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551 2005-03-15 12 AFP [TOKYO] Japan has inched its way out of a mild recession, official figures showed yesterday, but the data also suggests the economy is not out of the woods yet, with exports, the main growth driver, continuing under pressure. The government said fourth-quarter 2004AFP - 551 words
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357 2005-03-15 12 AP [WASHINGTON] Federal Reserve chairman Alan Greenspan said Friday that the cost of anti-terror rules and other banking regulations must be weighed against their benefits. "We are particularly aware that changes in regulations, even if intended to lighten burden or to reflect newAP - 357 words
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305 2005-03-15 12 Reuters [TOKYO] Revised growth figures issued yesterday showing Japan's recession ended sooner than previous data suggested has highlighted the difficulty of gauging activity in the world's second-largest economy. The problem has been exacerbated as recent growth figures have hovered around zero, zigzagging betweenReuters - 305 words
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Advertisement96 2005-03-15 12 Our qualified professionals can assist you with offshore structures, shelf companies and incorporations In ALL lUHq jurisdictions including: British Virgin Islands Cayman Islands Bahamas Z 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.96 words
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MALAYSIA/INDONESIA
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Article, Illustration740 2005-03-15 13 SHOEB KAGOA - INDONESIA INSIGHT Cigarette maker shows others how to put it out in style SHOEB KAGOA Jakarta Correspondent ONCE unthinkable, Indonesia's dominant business families may at last be relinquishing their hold on the country's corporate scene voluntarily. This week's announcement that HM Sampoerna, the country'sREUTERS - 740 words
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392 2005-03-15 13 Reuters [HONG KONG] Indonesia will start to market a global bond issue of at least US$l billion only its second offering since the Asian financial crisis of 1997/98 on March 17, banking and market sources said yesterday. Fund managers and analysts expect the dealReuters - 392 words
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Article, Illustration473 2005-03-15 13 S JAYASANKARAN - By S JAYASANKARAN in Kuala Lumpur COMPETITION in Malaysia's already aggressive telecommunications market ratcheted up yesterday when Maxis Communications, the country's biggest mobile phone company, slashed rates to counter a similar move by Digi, the smallest local telco. This time, however, the jostlingNSTP - 473 words
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201 2005-03-15 13 Bloomberg (JAKARTA] Royal Dutch/Shell Group will be asked to clarify if it used Indonesian government data to bid for oil blocks in neighbouring Malaysia, an Indonesian official said. Shell, which won rights from Indonesia in the nineties to explore for oil andBloomberg - 201 words
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Article2280 2005-03-15 13 VOl FS8M 1.13 -0.01 39 Mar 14 KM *i- C000 FTEC Resources .0.36 0.01 265 Furqan Bus. Org. 033 unch 1364 A AM Realty 1.55 -0.01 13 Gadang 1.41 0.01 1110 Abrie 046 0.01 983 Gamuda 5.05 -0.10 1457 ACT Industries 1.10 unch 4 General Corp2,280 words
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GREATER CHINA/INDIA
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555 2005-03-15 14 Taiwan denounces move; China's Wen stresses desire for peace and status quo AP [BEIJING] China enacted a law yesterday authorising force to stop Taiwan from seeking formal independence, sparking outrage on the self-governing island and warnings that the measure would fuel regional tensions. The ceremonial NationalAP - 555 words
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Article431 2005-03-15 14 Investors cheered by New Delhi's opening-up of sector, more destinations Reuters [MUMBAI] Shares in Jet Airways. India's largest domestic carrier, jumped as mtich as 22 per cent on their debut yesterday as investors bet growing demand for air travel would boost earnings. Falling faresReuters - 431 words
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Article, Illustration61 2005-03-15 14 [CHENNAIJ Indian workers walking past rows of Hyundai cars ready for shipment at a harbour in the southern Indian city of Chennai last week. Hyundai, which exported nearly 8.000 vehicles for fiscal2oo2-03, has targeted shipment 0f30.000 cars during the current year. The company aims to reachREUTERS - 61 words
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NOTE BOOK
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87 2005-03-15 14 AFP [MANILA] Rival claimants China, the Philippines and Vietnam yesterday signed a landmark agreement to conduct a joint survey of the oil potential in 143,000 square kilometres of disputed area in the South China Sea, in the Spratly Islands. Thiough their national oil companies,AFP - 87 words
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86 2005-03-15 14 Reuters [MUMBAI] UB Group, the world's fourth-biggest maker of spirits in terms of volume, is on an asset-buying spree. Already the owner of Kingfisher beer, India's best-known beer, and also the parent of United Breweries, liquor makers McDowell Co and Triumph Distillers, UB isReuters - 86 words
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Article83 2005-03-15 14 AFP [BOMBAY] Reliance Industries, India's largest private sector company, said last Saturday that it has entered into an agreement with the government of Oman to conduct oil exploration in Block 18, situated off the Batinah coast in the Gulf of Oman. The exploration site stretchesAFP - 83 words
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80 2005-03-15 14 Reuters [BEIJING] The Bank of Beijing has not yet reached a deal to sell stakes of up to 25 per cent to foreign investors, a bank spokeswoman said yesterday, contrary to market talk that two foreign banks have sealed the deal. Rumours wereReuters - 80 words
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82 2005-03-15 14 Bloomberg [SHANGHAI] Baoshan Iron Steel Co, the listed unit of China's biggest steelmaker, said profit last year increased 35 per cent as rising demand from car and home appliance makers boosted prices. It said net income rose to 9.4 billion yuan (Ssl .84Bloomberg - 82 words
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Article79 2005-03-15 14 Bloomberg [NEW DELHI] Gateway Distriparks Ltd, which offers logistics in some Indian ports, got bids for 13.6 times the stock on offer in an initial public offering, which is aiming to raise as much as 1.5 billion rupees (Ssss million). The company is askingBloomberg - 79 words
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253 2005-03-15 14 Reuters [MUMBAI] Private equity firm Warburg Pincus has sold some 6 per cent of India's Bharti Tele-Ventures Ltd for about US$56l million. a source familiar with the transaction told Reuters on Monday. The sale, brokered by ÜBS Securities, was the largestReuters - 253 words
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324 2005-03-15 14 Reuters [HONG KONG] Conglomerate First Pacific Co Ltd said yesterday that its 2004 earnings rose by about 82 per cent as a strong performance at its 24 per cent owned Philippine Long Distance Telephone Co (PLDT) offset a profit decline atReuters - 324 words
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516 2005-03-15 14 Move will allow 29 states to bypass strict labour laws [NEW DELHI] The Indian government is planning to allow the country's 29 states to bypass the country's strict labour laws through the creation of Chi-nese-style special economic zones. Kamal Nath, the country's516 words
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Advertisement9 2005-03-15 14 foreign beers -to enter market I I here I9 words
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FOCUS: FALLING US DOLLAR
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Article, Illustration929 2005-03-15 15 CAROLINE BAUM - The region's central banks need to get their priorities straight and be first movers with their greenback strategies, says CAROLINE BAUM CAROLINE BAUM Bloomberg ASIAN central banks are poised on the edge a cliff. Who will be the first to jump? Late last month,Bloomberg; AFP FILE PHOTO - 929 words
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Article, Illustration1008 2005-03-15 15 Bloomberg [NEW YORK] The dollar, hovering near a two-month low, may drop against the euro and yen on speculation a government report this week will show the US current account deficit widened to a record, a Bloomberg survey indicates. Sixty-three per cent ofBloomberg - 1,008 words
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Advertisement463 2005-03-15 15 Call toll-free 1800 289 8822 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF DMES ENTERPRISE PTE LTD (In Members' Voluntary Liquidation) CO. REG. NO. *****9025E NOTICE OF RESOLUTIONS At an Extraordinary General Meeting ol the Company held at 50 Airport Boulevard Singapore *****6 on463 words
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Advertisement423 2005-03-15 15 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF SHANGWU PRESS (SINGAPORE) PTE. LTD. (Mentors' Voluntary Liquidation) At an Extraordinary General Meeting of the abovenamed company duly convened and held on Thursday 10 March 2005, the following resolutions were duly passed: SPECIAL RESOLUTION "That the423 words
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ASIA-PACIFIC/WORLD
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Article, Illustration697 2005-03-15 16 CHRISTOPHER REED - New CEO choice rankles opponents, who insist on clean break from Eisner By CHRISTOPHER REED in Los Angeles THE curiously-timed Sunday appointment of Robert Iger as new chief of Walt Disney Corporation to replace the divisive Michael Eisner is not regarded asAFP FILE PHOTO - 697 words
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294 2005-03-15 16 AFP [FRANKFURT] Deutsche Roerse said yesterday that it had asked the competition authorities in Rritain and Germany to continue examining a possible merger between the Frankfurt and London stock exchanges even though the German stockmarket operator recently put its takeover plans on ice. "WeAFP - 294 words
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Article, Illustration672 2005-03-15 16 But online support for her candidacy is strong and vocal AFP [WASHINGTON} Two months into her job as US Secretary of State, Condoleezza Rice on Sunday tried to quash speculation that she intends to run for US president in 2008. Ms Rice, whoAFP - 672 words
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199 2005-03-15 16 AFP [TOKYO] Japan's powerful trade ministry said one of its officials had profited from selling shares of a company whose takeover deal he reviewed, in the first known case of insider trading in the government. "I can't think of a word to expressAFP - 199 words
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371 2005-03-15 16 Stonecipher's wife seeks divorce after 50-year marriage NYT, AP [NEW YORK] The wife of Harry C Stonecipher, who resigned as chief executive of the Boeing Co last week after its board learned of his affair with a female executive at the company, hasNYT,; AP - 371 words
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514 2005-03-15 16 [NEW YORK] Bankruptcy advisers are hiring extra staff amid fears that an end to the global credit boom could spark a surge in business failures in the US and Europe, the Financial Times reported. Unusually loose lending conditions have encouraged record borrowing by514 words
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WORLD
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Article, Illustration559 2005-03-15 17 Co-COO Martin Sullivan to replace him, reports Wall Street Journal Bloomberg [NEW YORK] American International Group Inc's Maurice "Hank" Greenberg may step down as chief executive officer of the world's biggest insurer amid probes of potential earnings manipulation and bid-rigging, the WallBloomberg; BLOOMBERG - 559 words
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445 2005-03-15 17 Tech firms start to buy back shares, pay dividends [SAN FRANCISCO] Silicon Valley is going all out to woo investors, says a report in the Financial Times. When Dell, the US computer maker, said this month that it was buying back445 words
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482 2005-03-15 17 Taskforce to review finite reinsurance contracts products [NEW YORld State insurance commissioners are stepping up their scrutiny of finite reinsurance contracts products at the heart of allegations that companies manipulate their financial figures, reports the Financial Times. It said following the lead482 words
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342 2005-03-15 17 AFP, Reuters [KUWAIT CITY] Opec president Sheikh Ahmad Fahd al-Sabah said yesterday that the cartel might decide to increase oil production if the market requires it at its meeting in Iran tomorrow. "Increasing production (will be) on the table" the meeting inAFP,; Reuters - 342 words
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WORLD WATCH
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125 2005-03-15 17 Reuters [LONDON] Whitbread pic expects to raise at least £1 billion (Ss3.l billion) from the sale of its Marriott UK hotels and has entered a joint venture with the brand's US owner to begin the sale, the British leisure group said yesterday.Reuters - 125 words
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105 2005-03-15 17 Bloomberg [BANGKOK] The Thai government plans to spend 2.35 trillion baht (5599.3 billion) in the next five years to build subways, water pipelines and other public works projects to ease traffic congestion, solve water shortages and boost growth. The government plans to borrow asBloomberg - 105 words
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79 2005-03-15 17 Reuters [SEOUL] South Korea's fourth-largest lender Hana Bank has put a priority on bidding for credit card firm LG Card, but the current market value of US$4 billion is too high, its CEO-designate Kim Jong-yeol said yesterday. A possibleReuters - 79 words
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144 2005-03-15 17 Bloomberg [NEW YORK] Global sales of computer disk drives may rise to a record in 2006 on surging demand for storage devices in digital music players and other consumer electronics products, market researcher IDC said. "There is a potential that revenueBloomberg - 144 words
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113 2005-03-15 17 AFP [NEW YORK] The US aviation sector remains vulnerable to terrorist attacks despite a US$l2 billion investment in upgrading its security since the Sept 11 attacks, the New York Times said yesterday The assessment is from a confidential, two-week old report on aviationAFP - 113 words
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115 2005-03-15 17 Reuters [NEW YORK] Bear Stearns oil analyst Frederick Leuffer is expecting more energy industry consolidation as a result of low interest rates, high cash balances and the reappearance of corporate raiders, Barron's said yesterday. "You get heightened consolidation in the oil industry when things areReuters - 115 words
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AVIATION
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Article, Illustration796 2005-03-15 18 VEN SREENIVASAN - AIRLINE PROFILE Mideast giant poised to expand 73-strong fleet to 169 by 2012 By VEN SREENIVASAN [DUBAI] Mention to Richard Vaughan, of Emirates, the speculation that his airline enjoys preferential rates on fuel and it is like throwing petrol on a fire.796 words
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Article, Illustration678 2005-03-15 18 Move comes amid lay-offs and cost cutbacks at Swiss Bloomberg [FRANKFURT] Deutsche Lufthansa AG, Europe's second-biggest airline, said it's close to a takeover of unprofitable Swiss International Air Lines in a transaction that would eliminate another of the region's national carriers. The companies developed a businessBloomberg; AP - 678 words
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LOG BOOK
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107 2005-03-15 18 Reuters (MOSCOW] Russian flag carrier Aeroflot will team up with two domestic banks to construct a new terminal at Moscow's congested Sheremetyevo airport, Interfax news agency reported on Sunday. It quoted a company source as saying that Aeroflot's board approved a plan on Friday namingReuters - 107 words
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102 2005-03-15 18 Reuters [BANGKOK] Airports of Thailand said yesterday it plans to raise landing fees in October for the second time this year. The company raised its landing fees by 20 per cent to U551,760 per carrier on Jan 1. "We plan to raiseReuters - 102 words
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80 2005-03-15 18 Bloomberg [HONG KONG] Hong Kong Air Cargo Terminals Ltd (HACTL), the city's biggest air freight handler, processed 12 per cent less cargo in February than a year earlier as many businesses were closed during the Chinese New Year holiday. Cargo volume fell toBloomberg - 80 words
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245 2005-03-15 18 Bloomberg [HONG KONG] Hong Kong's Chek Lap Kok international airport handled 29 per cent more passengers in February than a year earlier, as air travel increased during the Chinese New Year holiday. The airport, Asia's third-busiest by passenger numbers, handled 3.11 million travellersBloomberg - 245 words
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Article, Illustration191 2005-03-15 18 Bloomberg [DALLAS] Jetßlue Airways Corp, a low-cost airline based in New York, said it plans to raise US$25O million by selling debt securities that can be converted into stock. Jetßlue is raising funds at a time when it plans to add 12 AirbusBloomberg - 191 words
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Article1833 2005-03-15 18 OTT RJWT tT» MWff m> 8A7382 2250 SS5S LH9770 2J45 P"» MB66 19M H SQ229 2245 Dolhl SQ407 0710 IC856 1145 £?S2 £12 1055 1015 SQ408 1855 D1I—M SQ141 1145 SQ142 0935 QW2 2250 S0143 1535 SQ146 1640 ***** 0645 KL838 2330 GA840 172S GA841 18251,833 words
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SHIPPING
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Article, Illustration555 2005-03-15 19 DONALD URQUHART - Terrorists could use hijacked vessels to attack on-shore installations By DONALD URQUHART [SINGAPORE] Reviving fears of terrorists using ships as floating bombs to attack ports or other facilities, a chemical tanker carrying a full cargo of inflammable petrochemical products was hijacked whileFILE PHOTO - 555 words
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419 2005-03-15 19 2 cargo terminals to be converted into container terminals Bloomberg [HONG KONG] Hutchison Whampoa Ltd, the world's biggest port operator, will help build and manage two container terminals in Egypt, the Hong Kongbased company's first investment in the North African country. The companyBloomberg - 419 words
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224 2005-03-15 19 Kuehne Nagel '04 profit rises 23% Bloomberg [GENEVA] Kuehne Nagel International AG, the world's biggest sea-freight shipper, said 2004 profit rose 23 per cent to a record, boosted by growth in the Americas and in Europe. Net income rose to 240.8 million Swiss francs (*****.5 million) from 195.7 million francsBloomberg - 224 words
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482 2005-03-15 19 DAVID HUGHES - By DAVID HUGHES [HONG KONG] Asian shipowners have expressed concern at the large amounts paid by US courts to "whistleblowers" who report contraventions related to pollution and the increasing criminalisation of accidental oil pollution from ships. Meeting here last Friday, the Asian Shipowners Forum482 words
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Article289 2005-03-15 19 n» Mw 14 SS W- Vol CH Offshore 0.36 undi 1395 Oman Hup .0.73 0.01 2220 Coco Corporation 1.70 0.04 ***** CWT Distribution .0.65 -0.02 1 EzraHldgs 1.12 -0.01 381 FreightUnks .0.08 -0.01 230 Grand Banks Yatht 1.11 -0.02 11 Jaya Holdings 1.07 unch 83 K1 Venture .0.27289 words
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Article, Illustration67 2005-03-15 19 [ISTANBUL. Turkey] Liquefied petroleum gas (LPG) tanks float to the surface after a roll-on-roll-off vessel sank due to bad weather in the Bosphorus shipping channel in Istanbul on Sunday. The Bosphorus Strait was re-opened to shipping after several hours, following the recovery of seven LPG containers. TheREUTERS - 67 words
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Article92 2005-03-15 19 [SINGAPORE! PSA International handled 13 per cent more containers in the first two months of this year as demand for Asian products in the US and Europe rose. PSA handled 3.4 million TEU (20-foot standard containers) in the January to February period, compared with 3.0192 words
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176 2005-03-15 19 Bloomberg [SHANGHAI] China. Shipping Group Co, the nation's second-largest shipowner, may order four one-million-barrel oil tankers from Bohai Shipbuilding Heavy Industry Co for more than US$2BO million, broker Simpson, Spence Young said. The four ships, known as Suezmaxes because they are theBloomberg - 176 words
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Page 19 Advertisements
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Advertisement124 2005-03-15 19 SINGAPORE/PORT KLANG TO CHENNAI AND V.V. TRADES NOTICE TO TRADE RATE RESTORATION Please be advised that a Rate Restoration will be implemented on 15 April 2005. The following minimum rates shall apply to all SOC shipments from Singapore/Port Klang to Chennai and vice versa with effect from 15 April 2005.124 words
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EDITORIAL & OPINION
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Article559 2005-03-15 20 EDITORIAL SINGAPORE has set its sights squarely on winning more of the tourist dollar. But if it is going to make any headway in the face of fierce competition, Singapore's efforts must go beyond infrastructure development. Global tourism is estimated to have generated US$5.5 trillion worth of559 words
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Article, Illustration1161 2005-03-15 20 ANTHONY ROWLEY - There is a stubborn resistance to change, says corporate rescue agency chief ANTHONY ROWLEY Tokyo Correspondent JAPAN is "destroying its future" by keeping young people out of top management in business, according to Kazuhiko Toyama, executive managing director and chief operating officer of the Industrial1,161 words
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Article, Illustration823 2005-03-15 20 WILLIAM PESEK JR - THE BOTTOM LINE WILLIAM PESEK JR Bloomberg IF you're curious about the trajectory of the global economy, you could rummage through mountains of data, rsr search reports and countless Internet sites. Or you could just pick up a copy of Forbes. The magazine's latestBloomberg - 823 words
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Article, Illustration1323 2005-03-15 21 EDMUND ANDREWS - Everyone in the US agrees the decline in savings is a serious problem but the proposed solutions are not very clear By EDMUND ANDREWS NYT THERE are moments when a particular word acquires such a compelling grip on the political imagination that it can be usedNYT - 1,323 words
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327 2005-03-15 21 Yap Swee Hoo Singapore - LETTERS TO THE EDITOR Yap Swee Hoo Singapore I JtEAD with scepticism the Securities Investors Association of Singapore's proposal to the SGX (Singapore Stock Exchange) to introduce circuit breakers in our securities market. At best, they serve only to tackle the symptoms327 words
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253 2005-03-15 21 Khoo How San Singapore - Khoo How San Singapore UNQUESTIONABLY. Singapore's and Singaporeans' interests must be advanced, whatever the ultimate decision on the casino is. I will not go into the issue of "fit" between these interests, nor will 1 go into the moral dimension. As a253 words
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605 2005-03-15 21 Philip Hampden-Smith - Philip Hampden-Smith President and Chief Executive Manulife (Singapore) Pte Ltd I RECENTLY read the letter in your paper written by Ee Teck Siew on March 10, entitled "How to restore confidence in insurance", and I felt that it deserves a reply. First, let it605 words
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Page 21 Advertisements
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Advertisement98 2005-03-15 21 Fax your letters to 6319-*****r email them to btletterQsph.com.sg or write to: The Business Times, SPHHQ, 1000 Toa Payoh North, Podium Level 3, Singapore *****4. We need your full name, address and telephone number for verification. Please use temperate language, and bear in mind libel laws. We reserve the right98 words
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Page 21 Miscellaneous
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Miscellaneous272 2005-03-15 21 CRYPTIC CROSSWORD piece of ornate prose (6,5) Iff SH IB BK 7 Dry up and give novice abso8 The call of the countryside IBb" ■BT~ ■H""" 10 Chauffeur needs motivation 10 in which I'm IHV BH SB |HI top name, anyhow (9) _JBfl——HßjHJßH—.^— 4 Speech on where one lives (7)272 words
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Article11538 2005-03-15 22 STRAITS TIMES INDEX STOCKS Stodi mw Wl Qm On Stodi name <H Oo%» Climgi Allgreen 50c 0 30 1.170 +0.010 NOL 2.74 4.100 -0.080 BIL Intl US20c 0.49 1.130 OCBC 9.60 13.800 Capita Land 161 2 560 -0 050 Parkway Hldgs 25c 0.73 1 670 *0.010 Chart SetniCond11,538 words
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Article5966 2005-03-15 23 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES to total carr to SS to OSS Sdy dy *yr tfy Mar 11 tnOtM Chang* Chang* Changa Q>ry Oi»y Chanfl* Wortd IrwJfi Pn*imn*y OBJ go 13 00 0.5 0.1, 13 tWENhiii 0B3 >3 3-9 04 24 OS 33 hg|Nh||]| ***** 03 3 055,966 words
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Page 24 Advertisements
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Advertisement1807 2005-03-15 24 lim JEWM»WWMNMEW»>«<M4B»RMNMMMNMMMMMMMMMMMMMMMMMMWMMBBMMWMI IMPORT NORTH AMERICA AUSTRALIA!NEW ZEALAND I |BUPE» 3HUTTIE EXPWEB3 (88X) —MB—i— VBSfl. VOY Id SHI PUG I 1 I I 'I I i" "1 000 HAMOURG 09W08 WO3 22/03 *2! M ni SM WG_ PtO NEDUOYD HOUTMAN 29W09 09/03 27/03 29/03 ,0 M M 3 M PtO NEDUOYD1,807 words
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Advertisement838 2005-03-15 24 IMTRASU ROftO UKVKI 1 Tt~, —t vßsa/vor mrotn hbgwtw kg raj ig aw *r STUITC VtMTUtt 07/05 IS 3.2 75-26/03 21/03 01/04 04/04 04/04 SnATTCVEMTUK 01/ OS IS 3.2 OS-09/D4 11/04 STtATTS VEKTUK Ot/DS IS 12 20-21/04 23/04 2S/04 01/05 03/05 limtT ACI/MMfIAI ifttft «yt ypsa/voT mtfffT) hpcht(M) you m838 words
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Page 25 Advertisements
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Advertisement946 2005-03-15 25 MOi COWlmbw c orange of shippinq mod* www major port! in North America, Europe, Japan, Ada, Africa 4 Oceania. Aim acnfl hnra-Aria C«|Mi tie For Schedules, BL Searches, ond Container Tracking, visit on our Home www.homburßSud.com H auu savKi (opotn H*h« (tsitm-ttu n* m WISW STDWfT MUOmM ÜBMt SWCtfOM WBMK946 words
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Advertisement1070 2005-03-15 25 ■■■BaZSBBZIBIiBffIaHEHiPIHEIISEIinHSBSEBnS**! VESSEL VOY TT _f£J| HJJL _HSJI_ JCffl ESB_ VKSfI WT T KG GQLDEH GAII iMJL JiZL _L4Z3_ JIZ3 BBS I ZTgT GOLDEN TUOE SO4N 22/3 23/3 2S/3 IKS Sfl vk~ V 4 KUOLUNG 007N _Mfl_ 30/3 1/4 MEWDYNAMK 063 A 31/3 Z/4 •MgHB-Mfti-w *VSt (ahg tali Wortti I Wet1,070 words
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Advertisement689 2005-03-15 25 £>( WEEKLY EXPRESS SAILING SCHEDULE I ALSO ACCEPTING TO ALL NORTHERN ANO WESTERN ICQ POINTS 1 vtssa vot lan |pja*N6|coiow>o|itsi«v* Icoioiuo I I— I I I also ttarmt ta to coow, tutkosm (via coummoi and kandu a go* I (VIA N SKVAI GOMCCTMG MOTHS VHS TO BUOPI (FBOSTOWI tOTTTOAMI HA—6>689 words
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Page 26 Advertisements
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Advertisement740 2005-03-15 26 U&jyr WALLENIUS WILHELMSEN website: http://www.2wglobol.com ivtsstl VOT j »AMP IK »AO HOW MA SAV Ml Otf WTC MfW MOO TAUSMAN AfSO6 3201ns 6.4 M I 16/03 17/04 11/04 JS/04 14/04 17/04 TARONGA ATSO7 ***** m 6.251* 01/04 22/04 30/04 04/0S 01/05 07/05 10/05 |TAHOiA A/504 ***** m 6.3 M 09/04740 words
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Advertisement727 2005-03-15 26 vissii voy sin pou josh m m ml ggl !ia? >M»- i&HSSk' -888 m/S PACMHPA *****1 16/03 17/03 JUJIU iltt 20/fll 23/03 PAC lAWOA 1420N IS/03 11/03 I Of 2301 0095P It/03 H/03 PACBANDA 142*1 If/03 20 03 VOY g| Mi «2301 OOW 20/03 22/03 MMM! WL ttZH Usl_ PAC727 words
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Advertisement557 2005-03-15 26 BSA il o MYANMA ■H FIVE STAR UNE (Mvomot National Una) Loading for Yangon vessel voy sin m pim poii PAGAN 341W SU> HPA-AN 330W $10 IN MALAYSIA: INSTEAD SHIPPING AGENCIES KUI/PKL 03-300 SUM PIN: 04-*****15 ACCEPTIWB COWVEWTIOWAL C6O HKG SIN HKG SIN PGU PKI KUC HON HUT 129 SID557 words
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THE BUSINESS TIMES SHIPPING TIMES
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6076 2005-03-15 27 ETA ETA AdMTtMT Vassal Voyaf. ETA ETA A*ar*er M V»y«y T e sin Ocst'n Nam* Nana Haaba Ikaakar SM Daafa Maaw Maaa naakar mnoar To DURBAN (DUR) 2118 South Africa To ABIDJAN (ABJ) 2003 Cote D'lvoire 2 2/03 03 /04 HamburgSud DAINTY RIVER 141W6,076 words
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PROPERTY
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Article, Illustration1205 2005-03-15 28 KARAMJIT SINGH - Strike while the market and lifestyle trends are still hot, says KARAMJIT SINGH KARAMJIT SINGH TWICE in four months, my colleague and I accompanied a Singaporean developer-cum-contractor to Chennai for an update on the real estate market. His gut, besides getting upset alongBLOOMBERG - 1,205 words
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Article, Illustration308 2005-03-15 29 Sime Properties, City Developments, both had sales over the weekend DEVELOPERS achieved varying degrees of success for their residential property sales over the weekend. Wheelock Properties (Singapore), the company behind the latest release in the Singapore property market The Cosmopolitan condo on the former Times308 words
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236 2005-03-15 29 Axis-Reit expects to sell shares in the next five months Bloomberg [KUALA LUMPUR] Malaysia has allowed the nation's first real estate investment trust, with assets worth RM3OO million (Ssl2B million), to make an initial public offering, part of a policy toBloomberg - 236 words
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Article, Illustration1219 2005-03-15 30 PAULINE NG - There's huge demand now for upmarket residential properties in KL and elsewhere, developers and consultants tell PAULINE NG PAULINE NG IT'S been a remarkable turnaround for Malaysia's property sector. During the Asian financial crisis, nobody would have touched high-end properties with a 10-foot pole. Sentiment has1,219 words
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Advertisement1101 2005-03-15 28 SEGSORF HH^IEISEI^fMH^IL (Incorporated in the Republic of Singapore) (Company registration number: *****2648H) NOTICE IS HEREBY GIVEN mat an Annual General Meeting of NeoCorp International Ltd. ("the Company") will be held at 31 Changi South Avenue 2, Singapore *****8 on Thursday, 31 March 2005 at 3.00 p.m. to transact the following1,101 words
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Advertisement56 2005-03-15 28 I JlI q -oSi or J v 3 hbweiiibp H pjuißßn bC rs Recn# tint right people tin# The SM foes teovft. -~r I 3 1, .CaH 1800 289 8822 or email 1 recnit9sph.coßUsg 7sy 1/N toadvertlse. i CJ d "UV, cP L -H c\ iff U rbdm P c56 words
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Advertisement106 2005-03-15 28 Cafe Plaza A Toast To Your Marriage Vows ROM Celebration Package Till 31 March 2005 Celebrate your official union at Cafe Plaza with 10 wellwlshes or more and enjoy 15% discount on our weekday buffet lunch. All guests will also receive a glass of complimentary champagne. Groups of 30 or106 words
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Advertisement62 2005-03-15 28 C O V E Groove to chill-out music as you indulge in the awesome nightscape of the island. Sun to Thu 10.30pm to I.ooam Fri, Sat Eve of P.H. 10.30pm to 2.00 am Enquiries 6831 6258/88 °Hif MANDARIN A division of Overseas Union Enterprise Limited (Company Registration No. *****0050E) 33362 words
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Advertisement13 2005-03-15 29 Fresh jobs everyday Read our newspapers for a fresh set of jobs everyday!13 words
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Advertisement2111 2005-03-15 29 2004 Consolidated Financial Statements (in millions of Canadian dollars) CONSOUDATED BALANCE SHEETS CONSOLIDATED STATEMENTS OF INCOME S millions, as at October 31 2004 2003 S millions, for the years ended October 31 2004 2003 2002 ASSETS Interest income Cash and non-interest-bearing deposits with banks 1,374 1,593 Loans S 7,551 S2,111 words
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Advertisement186 2005-03-15 30 y& |j^^ I > _j&M& jy*%. l&f* TT§Sjiß&. mPIs, >1 i'_ T i "ffi T'lHM^i*|lCl» .fcf •§?ST3iS'lIMRifc- w. Company Fcxmation Foreign Direct Investment Virtual Offices Since 1975 OCRA Waridwide has been providing offshore incorporation and administration solutions for Asian and International businesses. We have been at the forefront of corporate186 words
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Advertisement220 2005-03-15 30 5-storey business park development Tenure 30+38 fears wef 1/7/1992 f-x* JT > Site Area => 54,335 sq ft approx. H Gross Floor Area 50,218 sq ft approx. Close proximity to Jurona East MRT Station I Bus Interchange and Jurong East Central For sale by private treaty Company Reg No. 1990Q4794D220 words
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Advertisement44 2005-03-15 30 30 RAFFLES PLACE CALTEX HOUSE Prim* Grade "A" office space for lease 2,153 to 23,110 sqft avail. Fitted units avail. Upgraded lift lobby with concierge service Asking rate $4.50 psf/mth AD agents welcome Full commission payable Please contact Marketing Agency Services T»l; 6876 639844 words
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Advertisement10 2005-03-15 30 Read our newspapers for a fresh set of jobs everyday!10 words
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