The Business Times, 19 August 2005
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2005-08-19
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The Business Times
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Title Section15 2005-08-19 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asial.com.sg MICA (P) 089/03/2005 Friday, August 19,200515 words
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Article, Illustration855 2005-08-19 1 KALPANA RASHIWALA - BT exclusive 60% rise in caveats lodged by foreigners in Q2 outpaces Singaporeans' 38% By KALPANA RASHIWALA [SINGAPORE] Foreign interest in private homes here surged in the second quarter of this year, with 60 per cent more caveats lodged by buyers than inSource: A 2005 - 855 words
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Article135 2005-08-19 1 sn 2,282.70 (+2.47) ST INDEX FUTURES (+3.00) simso 270.81 (-031) SIMSCI FUTURES 270.50 (-0.70) MARKETS Thursday Change K1SEC0MP 923.64 -2.74 NIKKEI 225 12,307.37 +34.25 HANG SENG 15,148.09 -301.49 SET INDEX 672.02 +4.53 JAKARTA COMP 1.***** -13.53 MANILA COMP 1.979.12 -5.98 SEOUL COMP 1,092.71 -20.54 SHENZHEN B 231.18 -5,32135 words
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415 2005-08-19 1 JEAN CHUA - Foundation's board discovers 'matters of grave concern' By JEAN CHUA [SINGAPORE] The interim board of the National Kidney Foundation has called in white-collar crime busters after the discovery of "matters of grave concern" that could involve finances. NKF said yesterday it has asked415 words
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Page 1 Advertisements
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Advertisement13 2005-08-19 1 TAXES Jeweller convicted $919m DEAL Malaysian bank to buy Singapore insurer PAGE 213 words
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Advertisement48 2005-08-19 1 Mljn Anchors away for Sentosa marina club ■HHhBESHk pg 30 x 2s\S» vSf af/ Jr .2* y> xy 1 -*> v«v3f&- -4 *f J,? *>■,< 1 V* V; A W.i s#» t *>-•■* w af *1 '/*\f ITf 11 il dll7*9i 1 I" B H" I E^WI IM 8 ******148 words
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Advertisement36 2005-08-19 1 ■fl and future PG 29 BT ONLINE Access to BT Online is free after 6pm gach day. But print subscribers can access our online new£ anytime. Call 6388-3838 to subscribe and activate your online account v36 words
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TOP STORIES
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577 2005-08-19 2 NANDE KHIN - Southern Bank clinches acceptances for about 43% stake in Asia General By NANDE KHIN [SINGAPORE] In the second major cross-border deal this week, Malaysia's Southern Bank has won the race to acquire all the shares of Singapore's Asia General Holdings for more577 words
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242 2005-08-19 2 GENEVIEVE CUA - By GENEVIEVE CUA [SINGAPORE] iFAST Financial expects its assets under administration to hit $1 billion by year-end a 66 per cent rise from 2004. iFast is a fund aggregation platform used by financial advisers (FAs). Its customers include FA firms and242 words
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617 2005-08-19 2 GENEVIEVE CUA - Leading the pack were bond and guaranteed funds By GENEVIEVE CUA [SINGAPORE] Unit trusts enjoy 69 a net inflow Of $606.2«<million in the second quarter, thanks to money poured into fixedincome and guaranteed funds. Bond funds recorded the highest617 words
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Article684 2005-08-19 2 First person convicted for GST non-registration ONE half of the couple behind high-society jewellers Loang and Noi yesterday suffered more ignominy when he became the first person to be charged and convicted in court for the non-registration of goods and services tax. TOP STORIES, PG 3 DBS, Deutsche684 words
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482 2005-08-19 2 RONNIE LIM - By RONNIE LIM {SINGAPORE] Oil and chemical storage giant Vopak has tied up with a South Korean partner to vie for Singapore's liquefied natural gas (LNG) terminal project if the go-ahead is given. "We've had many discussions with the authorities here,482 words
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Article, Illustration561 2005-08-19 3 JOYCE KOH - Co-owner of Loang and Noi has to pay $224,905 in total By JOYCE KOH [SINGAPORE] One half of the couple behind highsociety jewellers Loang and Noi suffered more ignpminy yesterday when he became the first person charged and convicted of failing to registerFILE PHOTO - 561 words
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613 2005-08-19 3 Reuters AFP [BEIJING] DBS Bank and Deutsche Bank are to buy 10 billion shares in a China's Guangdong Development Bank (GDB) in a deal worth 17.7 billion yuan (553.6 billion), the China Daily reported yesterday. The percentage of shares the twoReuters; AFP - 613 words
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Page 2 Advertisements
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Advertisement155 2005-08-19 2 In the next 5 years, the Philippines (a major producer) will continue to supply fluent English-speaking professional nurses and health-care-givers familiar with Western medical methods to the industrialized countries. The country has a vast supply of young, eager, hardworking, and skilled students educated in the English medium and English textbooks.155 words
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Advertisement84 2005-08-19 2 •This business is not rocket science j —Tony Tan Caktiong, winner of the prestigious Ernst Young World Entrepreneur of the Year award in 2004. He gives an inside view of the methods that make his company, Joilibee Foods tCorp, the undisputed fast-food leader in the Philippines. TOMORROW in The Raffles84 words
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Page 3 Advertisements
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Advertisement145 2005-08-19 3 c THE HOURGLASS TEMPU S SHOWCASE 111! I I PTIONA1 1 s s n ivw 1 r ri si:kv 1 oi Cl \HH>\' I'M AS I DE BETHUNE \MKrr I i:i> AQU ET DROZ :\PP. DANIEL ROTH M A S1 I I C C I 5 IN t H f145 words
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COMPANY NEWS
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603 2005-08-19 4 PAULINE NG - FOCUS ON M1 Malaysian telco's move could lead to more deals between S'pore, KL By PAULINE NG in Kuala Lumpur THE purchase by Telekom Malaysia (TM) of 17.7 per cent of Singapore's Mobile One (Ml) is seen as a sign of better603 words
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Article, Illustration457 2005-08-19 4 DANIEL BUENAS - By DANIEL BUENAS SINGAPORE investors should invest for the long term, turn their eyes towards global markets and not simply "follow their emotions", a group of experts said yesterday. Speaking at a seminar organised by Citibank as part of its latest investor education initiative,ARTHUR LEE - 457 words
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Article, Illustration506 2005-08-19 6 UMA SHANKARI - But SJ Wong's newly set up firm won't go big into IPO market just yet By UMA SHANKARI FINANCIER SJ Wong's newly-set-up SBI E2-Capi-tal Asia Securities has become the latest SGX member, but he and his team will not be going into theFILE PHOTO - 506 words
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COMPANY BRIEFS
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77 2005-08-19 6 FRASER and Neave's wholly-owned subsidiary, F&N Dairy Investments, has increased its shareholding in its associate company China Dairy Group (CDG) from 22.02 per cent to 29.5 per cent, through the exercise of 41.2 million warrants at 34 cents each, or a consideration of77 words
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68 2005-08-19 6 GREAT Eastern Life Assurance (GEL) a wholly owned subsidiary of Great Eastern Holdings has signed an agreement with Chongqing Land Properties Group to set up a joint-venture insurance company in China. Called Great Eastern Life Assurance (China), the joint venture will be 5068 words
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Article114 2005-08-19 6 Reuters [HONG KONG] Hong Kong's biggest fixed-line phone company. PCCW Ltd, posted a 25 per cent rise in first-half net profit as its real estate arm enjoyed a surge in prices and growth in its pay TV operation helped offset ferocious competition in itsReuters - 114 words
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353 2005-08-19 6 JOYCE KOH - By JOYCE KOH DEFENCE lawyers for the three directors charged in the China Aviation Oil scandal have asked for documents before proceeding and this time, the prosecutor is expected to get back to them by Sept 1. The three CAO's nonexecutive directors Gu353 words
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466 2005-08-19 6 Bloomberg RETURNS from shares of Singapore's real estate investment trusts may decline, after a three-year rally, as investors switch to higher-paying Reits from Hong Kong, Malaysia and Thailand. The size of Singapore's property-trust market has expanded 14-fold to Sslo billion since the firstBloomberg - 466 words
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324 2005-08-19 7 CHEN HUIFEN - By CHEN HUIFEN INVESTMENT holding firm kl Ventures' full-year net profit has more than doubled to $56.5 million, mainly due to the sale of investments and to its utility and gasoline businesses. The $56.5 million earnings for the 12 months ended June 30 were324 words
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406 2005-08-19 7 AMIT ROY CHOUDHURY - By AMIT ROY CHOUDHURY GES International has posted a 29 per cent jump in full-year net profit to $45.3 million, helped by a 15 per cent rise in revenue to $624.3 million. In view of the better performance which works out to406 words
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475 2005-08-19 7 KALPANA RASHIWALA - CORPORATE RESULTS Year-ago profit of $77m inflated by gain from sale of stake in UK firm By KALPANA RASHIWALA QUEK Leng Chan's Singa-pore-listed property unit GuocoLand yesterday released full-year results that reflect a fourth-quarter group net profit of $18.7 million, down from $76.8 million475 words
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Advertisement45 2005-08-19 4 I Ktr nHlri*ijH ,tr> T "IS JV *%l '7min -1 iiff i iiitiiiii -in iKI HMwjiff BSEr v \1 li^ji_L l "tj£^£T^^'&^»r r j 3l i L#Be a Soort. Me PBr3l Gear Up at the Following Stores: _HJ Charge (taw jjraa# with a driver. velle45 words
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Advertisement200 2005-08-19 5 Now till 21 August only! Get another massage chair when you buy the OSIM iDesire! HSI Me6t celebrity 4 I ■nkil Zhang Fei on 20 August In appreciation of your support over the last 25 complimentary Noro Harmony massage chair when j unc^jon 85 6 m years and for helping200 words
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Page 6 Advertisements
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Advertisement309 2005-08-19 6 LEONG HIN HOLDINGS LIMITED ANNOUNCES CHANGE OF ITS COMPANY NAME TO ENVIRO-HUB HOLDINGS LTD. Leong Hin Holdings Limited, listed on the SGX-ST of the Singapore Exchange Limited is hereby proud to announce that our Company name will be changed to Enviro-Hub Holdings Ltd. Along with the name change we adopted309 words
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Advertisement441 2005-08-19 6 TKAVEIEX HOLDINGS (S) PTE LID Company Registration No: *****2968 M Incorporated in the Republic of Singapore (Company! NOTICE IS HEREBY GIVEN pursuant to Section 76(10)(h) of the Companies Act, Cap. 50 Companies Ad) that at an Extraordinary General Meeting of the Company held on 2 August 2005, the following resolutions441 words
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Advertisement395 2005-08-19 6 TRAVELEX SINGAPORE PTE LTD Company Registration No: *****5018 D Incorporated in the Republic of Singapore [Company) NOTICE IS HEREBY GIVEN pursuant to Section 76(10)(h) of the Companies Act, Cap. 50 {Corrpanies Act) that at an Extraordinary General Meeting of the Company held on 2 August 2005, the following resolutions were395 words
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Page 7 Advertisements
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Advertisement213 2005-08-19 7 Call toll-free 1800 289 8822 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF SOMERSET TECHNOPARK PTE LTD [COMPANY NO: *****6027K] (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAI MEETING NOTICE IS HEREBY GIVEN, in pursuance of Section 308 of the Companies Act, Cap 50, that213 words
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Advertisement56 2005-08-19 7 3 For entry age between 66 and 75 years of age next birthday the minimum investment is $20,000. relation to GreatUnk Choice (the *Fund') may be obtained through Great Eastern Life Assurance Co. Ltd, its Life Planners or any of its appointed distributors. Potential investors should read the product summvy56 words
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SINGAPORE MARKETS
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Article, Illustration517 2005-08-19 8 JOYCE KOH - STOCKS STI recovers on Telekom-M1 deal and bullish sentiments ahead of National Day Rally speech JOYCE KOH Reporter A DOMINO effect appeared to be working through the regional markets yesterday as one after another their bourses appeared to be the victims of a sell-off by internationalSource: Bloomberg - 517 words
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490 2005-08-19 8 Eddie Toh - TRADES TO WATCH By Eddie Toh US-BASED investment adviser Third Avenue Management has almost doubled its stake in takeover target BIL International. BIL disclosed yesterday that Third Avenue raised its stake in BIL to 13.87 per cent from 7.03 per cent490 words
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Article, Illustration425 2005-08-19 8 OTHER SINGAPORE INDICES Aug 18 VALUE CLOSE BT OB/OS -612.00 +42.00 BT CADI -*****.00 -32.00 BT 10-day MA *-*****.00 -62.00 All-SG Equities 584.49 +0.36 SG Equities Elect 132.13 +1.67 SG Equities Fin 1636.70 +6.25 SG Equities Prop 653.23 +1.96 SIMSCI 270.81 -0.31 SiMSCI Futures 270.50 -0.70 MOST ACTIVE STOCKS VOLUME425 words
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Article, Illustration1028 2005-08-19 8 JOYCE KOH - By JOYCE KOH Mobile One August 18 dose: $2.19 GOLDMAN SACHS, August 17 WE are upgrading our rating on Mobile One (Ml) to "in-line" from "underperform" and raising our discounted cash flow (DCF) driven 12-njinth price target to $2.20 from $1.9 Q. We believe the entry of TelekomSource: Bloomberg - 1,028 words
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Article, Illustration551 2005-08-19 8 LARRY WEE - CURRENCIES LARRY WEE Senior Correspondent IN Asian currency trading yesterday, interest to buy the Chinese yuan and Malaysian ringgit suffered a definite low point when compared to the time that both currencies were depegged from the US dollar almost a month ago on July 21Source: Reuters - 551 words
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Advertisement214 2005-08-19 9 v r tm health is life Some call this the essence of human technology. JP" r a"*' 1 w S LEEK in design with customized features to raise the level of comfort to unparalleled heights, the VGO V12 CYBER-Relax delivers the /ultimate in full-body massage experience. The one and only214 words
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SINGAPORE NEWS
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Article, Illustration553 2005-08-19 10 CHEN HUIFEN - One of his priorities will be to set up a permanent secretariat By CHEN HUIFEN SINGAPORE'S name could be amplified in the medical arena, after the election of a local cardiologist to a regional specialists body. Michael Lim, medical director of the Singapore Heart,CHRIS LOH - 553 words
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Article, Illustration67 2005-08-19 10 [SINGAPORE] Bankers played doctors and nurses when OCBCBank staff shrugged off their pin stripes for white coats and dispensed advice and "diagnoses to participants at the Singapore Chinese Chamber of Commerce Industry's 9th Infocomm Commerce Conference on their financial health and how to boost cashflow management.CHRIS LOH - 67 words
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216 2005-08-19 10 VANDE KHIN - The double taxation avoidance pact will spur investments By VANDE KHIN SINGAPORE and Brunei will today sign a bilateral Agreement for the Avoidance of Double Taxation that could only boost twoway investments. The agreement will be signed by Minister for Foreign Affairs George Yeo216 words
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157 2005-08-19 10 DANIEL BUENAS - By DANIEL BUENAS FOREIGN Affairs Minister George Yeo will lead a toplevel delegation next week to the fifth Singapore-Aus-tralia Joint Ministerial Committee (SAJMC) meeting in Perth. He will be accompanied by Trade and Industry Minister Lim Hng Kiang and Minister for Defence Teo157 words
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231 2005-08-19 10 NANDE KHIN - SPH Magazines buys Sterne Lears' FiRST By NANDE KHIN SPH Magazines' growing stable of magazines is soon to be augmented by FiRST Movie Magazine from Sterne Lears. SPH Magazines a wholly-owned subsidiary of Singapore Press Holdings (SPH) said yesterday that it has entered into an agreement with Sterne Lears to231 words
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214 2005-08-19 10 RACHEL LIN - By RACHEL LIN SIX hundred years ago. the conflict between Muslims and non-Muslims in Asia was far less intense. It was the Europeans who exported their tensions with Islam, stoking the fires of religious strife in this region, said Minister for Foreign Affairs214 words
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Advertisement2056 2005-08-19 10 Notices IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF HI DEN PTE LTD Company Registration No: *****1514N ("the Company") (In Members' Voluntary liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that, pursuant to Section 308 of the Companies Act, Cap 50, the Final2,056 words
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Advertisement38 2005-08-19 10 TTrrrr. I I I ~T~\ -J. GETA _J3zo7 Leading Edge J Your sailing schedules get wider attention in The Business Times shipping pages Call Joe Wong at 6319-2062 Or Bernard Ong at 631 9-1645 WHHR Stopping Times WM\38 words
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Advertisement3798 2005-08-19 11 i 7« EES Internatinnal Limited Company Registration \o igBtjOI4Z7R Unaudited Full Year Financial Statement and Dividend Announcement for the Year Ended 30/OG/2005 I{a) An income statement (for the group) together with a comparative statement for the corresponding period of the immediately preceding financial year. The calculation of Earnings Per Share3,798 words
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ECONOMY WATCH
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412 2005-08-19 12 LATEST US DATA Bloomberg [WASHINGTON] The index of leading US economic indicators rose 0.1 per cent in July after surging a month earlier, the first back-to-back gain this year and further evidence that the economy will keep growing. TheBloomberg - 412 words
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Article, Illustration664 2005-08-19 12 Expectations dashed as ringgit rises just 0.1% against greenback Reuters [KUALA LUMPUR] Speculators thought Malaysia's currency was a tiger. It turned out to be a kitten. A month after Malaysia unleashed the ringgit from the US dollar, it has yet to live up to expectationsReuters; Source: Bloomberg - 664 words
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186 2005-08-19 12 AP [MANILA] Philippine President Gloria Macapagal Arroyo ordered fuel rationing yesterday in government offices and warned the public that "forceful and drastic steps" may be needed to cope with soaring world oil prices. She told a meeting of exporters that she is alsoAP - 186 words
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Article4913 2005-08-19 12 UNIT TRUSTS FUNDS CitiBond S'pore A/S 1.294/ CrtiBond Spore B/J 1344/ Citi Money SGO Class A 1.029/ ABN Amro Asset Mgt (Spore) Citi Money Sing Dollar OwS 1.0822/ Star Ei*ope Eqtyp 0.8» Cltl Palv£ur0(ie £qully hsa 1 28 Slar Europe Bond 124« CrtiSetoct Asia Tilt B&ctd 1.42/ Star Europe Bal4,913 words
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Advertisement18 2005-08-19 12 Allianz (fij) I PIMCO Global Bond Fund rated 5-star by Mercer Investment Consulting Global investors company regn.no *****7169Z18 words
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MALAYSIA/INDONESIA
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709 2005-08-19 13 S JAYASANKARAN - Kulim Plantation denies hand in plot to oust Mr Ibrahim from QSR board By S JAYASANKARAN in Kuaia Lumpur THE tussle for control of KFC Holdings, Malaysia's premier fast food operator, is turning increasingly acrimonious. Yesterday, two shareholders of QSR Brands, a listed709 words
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NOTE BOOK
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61 2005-08-19 13 Bloomberg [HONG KONG] China's decision to stop publishing currency trading volume makes it harder to gauge demand after the government let the yuan gain last month, economist Stephen Green said. "It's frustrating because we can't track net inflows of foreign exchange," said MrBloomberg - 61 words
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60 2005-08-19 13 Reuters [JAKARTA] Power supplies to large areas of Java and Bali islands in Indonesia were disrupted yesterday, state electricity company PT Perusahaan Listrik Negara (PLN) said but there was no immediate suggestion of sabotage. The blackout prompted the mobilisation of thousands of policeReuters - 60 words
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70 2005-08-19 13 Reuters [CANBERRA] Australian businesses have raised serious concerns about doing business in China, complaining about unclear rules and an intricate web of regulations and taxes across different provinces and cities. Documents released by Australia's Department of Foreign Affairs and Trade show Australia's agricultural, manufacturingReuters - 70 words
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77 2005-08-19 13 Bloomberg [SHANGHAI] China's first equity warrant in almost a decade will start trading on Aug 22, paving the way for the development of more complicated financial instruments on the nation's US$4OO billion stock market. Warrants issued by Baoshan Iron Steel Co,Bloomberg - 77 words
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Article2355 2005-08-19 13 VOL General Corp 0.44 0.01 163 Aug 18 RM ('000) Genting 19.50 urxh 279 George Kent .0.60 -0.02 47 ASM Realty 1.50 unch 0 GHL Systems .0.19 -0:01 529 Abnc 0.38 unch 6 Globetromcs Tech .0.39 unch 726 ACP Industries 0.69 unch 20 GlomacBhd 1.50 unch 25 Advance2,355 words
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Article, Illustration380 2005-08-19 13 Reuters [KUALA LUMPUR] Former Malaysian deputy premier Anwar Ibrahim won a case against an old foe yesterday when he was awarded more than US$l million in a defamation case against the author of a book that destroyed his career. But the RM4.5 million (Ssl.9Reuters - 380 words
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252 2005-08-19 13 Bernama [SINGAPORE] Former Malaysian prime minister Mahathir Mohamad has dismissed the notion that he was still "pulling the strings" in the current administration but said that he had to come out in the open when he was drawn into an issue. "I'm a retired person,"Bernama - 252 words
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Page 13 Advertisements
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Advertisement189 2005-08-19 13 —i flit Haul i L P(P* As you know, timing is key when it comes to making the right move. Like going for this never-before subscription offer, valid only for this month: a 20% off the usual price plus a chance to win the prize of your choice if you're189 words
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GREATER CHINA/INDIA
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Article, Illustration639 2005-08-19 14 Regulators urge caution as index doubles in 2 years Reuters [MUMBAI] Retail investors in Indian shares may be smiling all the way to the bank as indices hit record highs, but regulators are cautioning them against reckless investments so they don't get burned.Reuters; Photo AFP; Source: Bloomberg - 639 words
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148 2005-08-19 14 Bloomberg [HONG KONG] China may ease restrictions on foreign investors wanting to withdraw gains from their investments in yuan-denominated shares, the Hong Kong Economic Times said in an unattributed report. China's securities regulator and the State Administration of Foreign Exchange are studyingBloomberg - 148 words
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535 2005-08-19 14 BUYING INTO CHINA Scottish bank set to control 10% of China lender in US$3.1b deal Reuters [LONDON/BEIJING] The Royal Bank of Scotland Group Pic is leading a US$3.l billion investment in Bank of China that will give Europe's second-larg-est lender control ofReuters - 535 words
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360 2005-08-19 14 Reuters [SHANGHAI] Standard Chartered has signed an agreement to buy almpst a fifth of a yet-to-be-esta-blished Chinese bank, reaffirming its status as sole strategic investor after state media reported disagreements would delay a launch. A successful tie-up would mark the Asianfocused lender'sReuters - 360 words
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Advertisement372 2005-08-19 14 Mnivfl# ffiif mmrn taihflWlary oftfyMutfHi Pit t trt autSSStil: Northern jßk Jr U Diners Club Card T <*ppi* 0980 Ba|| Bu: A World of Exclusive Privileges Treats Diners Club International Value Htsth ai *J^ r .%0 urn |M fc r ii< k ni Hiiii I tin* t'lioitr ok roliiT/it'a/sotKliiiiltS Menu372 words
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Advertisement53 2005-08-19 14 MERITUS MANDARIN SINGAPORE fi YOUR COSY HAVEN AWAITS Relax and unwind after a hectic day's work with a refreshing drink. > Reservations: MgWrinre 6831 6286 *7? tm4 floor MEmUS MANDARIN Mill A division of Overseas Union Enterprise Limited (Company Registration N0.*****0050E) 333 Orchard Road, Singapore *****7. Tel: +65 6737 4411.53 words
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ASIA-PACIFIC/WORLD
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Article, Illustration360 2005-08-19 15 Bloomberg [NEW YORK] Richard Grasso, the former New York Stock Exchange chief executive being sued to return at least US$l9O million of his compensation, said le would not settle the oase unless the exchange pays him. NYSE chief executve JohnBloomberg - 360 words
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Article, Illustration580 2005-08-19 15 Sale follows surge in Net ads that fuelled demand for the stock Bloomberg [NEW YORK] Internet search engine Google plans to sell as many as 14.8 million shares a year after its initial public offering. Google shares, which have tripledBloomberg; BLOOMBERG; Source: Bloomberg - 580 words
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Article, Illustration783 2005-08-19 15 Firm to overhaul retail division and sell airplane leasing business NYT [NEW YORK] In a reversal of a strategic decision made during a time of management turmoil this spring, Morgan Stanley said Wednesday that it would keep its Discover card business and would notNYT - 783 words
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404 2005-08-19 15 Reuters [LONDON] After ye*rs of punishing chief executives for ejpensive and risky mergers, investors nave started rewarding corporations for seeking growth through acqufcitions. Typically, a rumofr of a merger or acquisition has been enough to send a buyer's stock price timbling. ButReuters - 404 words
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504 2005-08-19 15 ANTHONY ROWLEY - By ANTHONY ROWLEY in ToKyo JAPAN could slide into becoming an authoritarian or even "neo-Facist" state as a result of tactics adopted by Prime Minister Junichiro Koizumi to privatise postal services, two senior Japanese political figures suggested yesterday. Their strong condemnation of Mr Koizumi's504 words
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395 2005-08-19 15 [HOUSTON] Authorities in the United States investigating BP's refinery accidents in Texas on Wednesday accused the UK oil company of "systemic lapses" and called for an independent review of safety at its five US plants, says the Financial Times. The395 words
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AVIATION
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Article, Illustration463 2005-08-19 16 It wants to know if any staff had been bullied into taking part in walkout AFP [LONDON] British Airways said yesterday that it was investigating a wildcat strike at London's main Heathrow airport last week and wanted to know if any staff hadAFP; AP - 463 words
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328 2005-08-19 16 AP [SHANGHAI] China yesterday said it will rush approval of applications by Taiwanese airlines to fly over Chinese airspace, potentially moving the sides closer to ending a 55-year-old break in direct airlinks. "It will take some time (to process the applications) butAP - 328 words
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Article, Illustration318 2005-08-19 16 [SYDNEY] Qantas has posted a stronger-than-ex-pected annual result but the national carrier says the high price of fuel Femains its greatest challenge this year and will affect profitability, the Australian Financial Review reported yesterday. The airline faces a further increase in318 words
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204 2005-08-19 16 Reuters [SHANGHAI] China's sixthbusiest airport is planning a 12-13 billion yuan (552.52.7 billion) expansion that it hopes to bankroll with strategic investment and an overseas stock listing, two senior executives said on Monday. Shuangliu Airport, serving the capital Chengdu of Sichuan province in the southwest,Reuters - 204 words
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LOG BOOK
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84 2005-08-19 16 Bloomberg [BANGKOK] Thai Airways International Pel will cut money-losing international routes, transfer some flights to its budget operation and cut staff in a revamp to allow the carrier to return to profitability, the Nation reported, citing acting chief executive Somchainuk Engtrakul. ItBloomberg - 84 words
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60 2005-08-19 16 AFP [SEOUL] Pilots at Korean Air, the largest airline in South Korea, yesterday threatened strike action to press for better working conditions, the company said. The strike call came after talks between management and union negotiators failed to narrow differences over demands for more restAFP - 60 words
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57 2005-08-19 16 AP [BUDAPEST] A Turkish passenger plane on its way to Brussels with 293 passengers aboard made an emergency landing yesterday at Budapest's international airport, officials said. No injuries were reported. The pilots of Fly Air airline requested an emergency landing after the plane's instruments signalledAP - 57 words
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484 2005-08-19 16 Bernama [KUALA LUMPUR] Malaysia Airports Holdings Bhd (MAHB) aims to attract more airlines from Europe and Australia to operate from Kuala Lumpur International Airport (KLIA), said managing director Bashir Ahmad. "From West Asia, Far East, India and China, I think we are well covered.Bernama - 484 words
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329 2005-08-19 16 AFP [SHANGHAI] Airbus said on Wednesday it wants to ramp up the construction of plane parts in China to help spur sales in a country it predicted would need 200 jumbo jets like the A3BO over the next 20 years. The European aerospaceAFP - 329 words
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Article1144 2005-08-19 16 CTPf rutm ITA FU«n «tb 5Q408 1855 Dmpau' Mi SQ141 1145 SQ142 0935 fL<l1 <^f81 1850 5C 229 2300 SQ143 1535 GA8412 1110 S Q 443 0830 GA8402 1720 5Q146 1640 Aliriw SQ323 0820 5Q324 2345 S0147 2235 5Q148 1900 Mkmt 5Q348 0100 DK«kj SQ435 05501,144 words
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SHIPPING
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386 2005-08-19 17 Rising fuel costs, multiple inland charges cited as reasons Bloomberg [SINGAPORE] Twelve container shipping lines, including Neptune Orient Lines and Royal P&O Nedlloyd, plan to start imposing surcharge on containers they move to Asia for the first time to recover some ofBloomberg - 386 words
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160 2005-08-19 17 Reuters [TOKYO] Mitsui OSK Lines Ltd said on Monday that it, three other Japanese shipping firms and Mitsui Co would jointly spend about 200 hillion yen (553.02 billion) to order eight ships if they won an LNG transport contractReuters - 160 words
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Article783 2005-08-19 17 SELVA KUMAR - ADMIRALTY CASEBOOK By SELVA KUMAR NEW Zealand's national body for competitive and recreational sailing has successfully applied to limit any liability it may incur to an American windsurfer following an accident in 2002 that left the athlete in a wheelchair. Last month, the New Zealand783 words
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249 2005-08-19 17 AP Bernama Reuters [KUALA LUMPURI Malaysia International Shipping Corp Bhd yesterday said it is in preliminary talks with potential foreign partners to expand its container shipping business to lucrative markets in China and the United States. "We're in discussions with aAP; Bernama; Reuters - 249 words
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Page 17 Advertisements
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Advertisement87 2005-08-19 17 .jMMt J MM mm ||L V mB/m. x- 5 I I of Chinese newspaper B| I r fe'''j| J readers may never get I S^^mHHBH F to know about your H| I L>,ir xP^KIIiBi"BBiBW^BEnB 5* .^BBB 1 l.flH *^SBF I^M^mi flßHßflfl|^^^^^H|| iSraitlitllt !IBRS iBBPIMBBBBBHSBBBBB^v:: It's a fact: 70% of Chinese87 words
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EDITORIAL & OPINION
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526 2005-08-19 18 EDITORIAL IT'S not difficult to understand why much of the time and the energy of US foreign policy makers is being spent these days on dealing with the Middle East. The attacks on New York and Washington on September 11, 2001, and the ensuing526 words
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Article, Illustration867 2005-08-19 18 STEVE A YETIV - Analysts predict that output will begin to decline in 2006-11 and we are headed for a massive energy crunch By STEVE A YETIV LAT-WP Wk JK M ITH oil prices K fll m hitting all-time H m M m, highs and war M m ragingLAT-WP; REUTERS FILE PHOTO; REUTERS - 867 words
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Article, Illustration768 2005-08-19 18 WILLIAM PESEK JR - THE BOTTOM LINE WILLIAM PESEK JR Bloomberg ANYONE wondering about Hong Kong's economy can ignore data published by the government. Forget analysts' predictions, stock prices and bond yields. More luck might be had wandering around the local shopping centre. Proof of HongBloomberg - 768 words
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Article, Illustration1050 2005-08-19 19 DANIEL ALTMAN - Europeans are not ready to embrace buying and selling of corporate control an attitude that has profound economic costs By DANIEL ALTMAN IHT THE European Union often takes a ribbing for its restricted labour and import markets, but surely its financial markets, accessible from around theIHT; BLOOMBERG - 1,050 words
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579 2005-08-19 19 LAT-WP GOOGLE, the Internet powerhouse, has an immodest stock price and an equally immodest goal: to organise all the world's information. It has run into several hurdles along the way, however, as copyright holders objected to their works being duplicated in the Google database withoutLAT-WP - 579 words
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Page 19 Advertisements
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Advertisement2701 2005-08-19 19 V- ice v IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE Companies Winding Up (No. 147 of 2005S) In the matter of the Companies Act Cap. 50 And In the Matter of SILVERTON INVESTMENTS PTE LTD Reg No. *****3454/Z ADVERTISEMENT OF PETITION Notice is hereby given that a Petition2,701 words
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Advertisement176 2005-08-19 19 IN THE MATTER OF THE COMPANIES ACT. CAP. SO AND IN THE MATTER OF EXCEL DENTAL SERVICES PTE. LTD. Co. Rag No *****0872 D (IN CREDITORS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING OF CREDITORS AND MEMBERS NOTICE IS HEREBY GIVEN pursuant to Section 308(2) of the Companies Act, Cap. 50176 words
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Article10058 2005-08-19 20 SGX MAINBOARD 52-Wk Tel Last Vol Day LastQuot* GrOtv Orv GrYM Mat MCap Wgh low Cod* Company Sal« W- rOQO) High low luyar UMm Cvr n t*j 10 3 5716 1st Software 5c 3 unch 150 3 3 2.5 3.5 12.1 30 10 3148 8TelecomUS2c 10.5 +0.5 284010,058 words
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Article6516 2005-08-19 21 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In local curr In SS In USS dy Syr dy yr dy %yr Aug 17 Index Change Change Change Change Change Change World Index Preliminary 902.6 0.0 5.9 0.0 4.0 -0.1 2.4 tEAFE Preliminary 859.2 -0.3 11.2 -0.3 4.7 -0.5 3.0 Europe Preliminary6,516 words
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Page 22 Advertisements
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Advertisement1209 2005-08-19 22 v NYK GROUP SOUTH ASIA PTE LTD KTW C TEL 6295 0123 V" XV JlAune tfcdf M 3 11 LINE Fax:6292 2856(Regionalsales)/6239 7109(OPS)/6299 5785(Documentation) NIPPON YUSEN KAISHA TOKYO SO»AKU KASHA. UO (C/R NO: **********0E) WEE CR*: 1378 *****00G SKMATOit W» Ltd Main &536-2750 Anson House Singopors *****1 Websitei wwwj»not<*tio#««m lump*1,209 words
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Advertisement844 2005-08-19 22 lINTIIIASIA ROUP SERVICE vtssa/voY mown) hbchtw pkg kh ia I si jkt STtAITS VENTURE 17/05 15 J.? 18/08 21/06 25/08 28/08 30/08 STMUS VENTURE 18/05 IS 3.2 01/W 04/W 08/09 11/W 13/09 STKAITS VEMTUKE 19/05 15 3.2 15/09 18/09 22/09 25/09 27/09 I AUSTRALIAN ROtO SERVICE 1 vtssa/voY MSfon)! hbchtwl844 words
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Page 23 Advertisements
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Advertisement1274 2005-08-19 23 www.hofnbufgsud.com UP AUSE SERVICE (EXPORT) Itt ETA ETA TO PORTMANG SINGAPORE MISUX SYPNIY BtUOUtNE APtIAIQE PORTnANC SINGAPORE MISIAK STWKT BHROURNI ABBABt (AIYUW HE 062S 18,38 H/01 29/01 31/01 03/W 06/09 UlYUHHtOtft 15/09 It/09 26/09 21/09 01/10 04/10 CAP KIH6A SMS 25/0« 2i/D6 05/09 07/W 10/09 13/D9 CAP KM6ASISS 22/W 23/W1,274 words
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Advertisement1299 2005-08-19 23 VESSa VOT SIK JICT HKG KHH INC KYH PUS VESSEL TOY SIN JKT SUB HKG USN PUS HYPKOGRESS 100S ?S/» 27/» 1/1 3/1 ifl 7/1 W KMTC ULSAN 516S ?1/8 24/1 ?S/« 30/8 3/9 4/9 HYHIDGt 099S 1/9 3/9 S/9 10/9 IZ/9 14/9 14/9 KMTC SINGAPORE SI2S 28/8 31/8 1/91,299 words
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Advertisement872 2005-08-19 23 S)(3iIQS« WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS VKStI VOY_ SHI HtIANG COLOMBO N. SHEVA COLOMBO HUUBMU YRHH 29AUG 30AUG W» D9SEP mDIRAGAWDHI QO96W 05SEP MSEP MSEP 12SEP ISSH» mMM 0096W 12 SEP 13 SEP 16 SEP 19 Sg 22 SEP ALSO ACC7TMG Kl872 words
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Advertisement857 2005-08-19 24 IA&A# WALLENIUS WILHELMSEN WlmrWiWi. website: http://www.2wglobol.tom VESSEL VOY RAMP IK MAO HOW MIA SAY »Al 0»f NYC NEW MOB TOM Afs2l 400Tms 6.30 M I 19/08 11/09 20/09 234/09 30/09 2S/09 TAMPA AFS22 420Tms 6.4 M I 24/08 20/09 29/09 03/10 06/10 04/10 TAPKXA A 1519 4001b« 6.3 M 05/09857 words
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Advertisement1184 2005-08-19 24 VESSEL VOY SIN PGU VESSEL VOY SW KT PACIANOA *****1 )2/08~ 12/08 P»CHNTAN 9311 lf/M 16/ M PACBANPA 1134!! 13/08 14M— IS fir! H7B M CSf 2301 01S9f 13/08 15/08 yACBmTAj^^^^93l^^^^2o/o^^73£o^^ pacbanda 1132! UM IiZSL I—fHIMf,j'M:1 M f, j' M VV\TM—■ csf 230 i siMc H/M—izzfis_ $4- nm~ itt>o p1,184 words
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Advertisement564 2005-08-19 24 BSfl x 0 MYANMA AH FIVE STAR LINE (Myonmor National Line) Loading for Yaagoa VESSEL VOT SIN PKI PEN PGU PAGAN 34DW SLD PAGAN 349W SU) IN MALAYSIA: lOUSTEAD SHIPPING AGENCIES KUI/PKL 03-300SD 348 PEN: 04-*****15 ACCEPTIN6 CONVENTIONAL C6O VESSEL VOY HUG SIN PGU PKI KUC CRYSTAL HURT 26 SLD564 words
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THE BUSINESS TIMES SHIPPING TIMES
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8961 2005-08-19 25 -4if #> m ETA ETA Advertoer Vessel Voyage Telephone ETA ETA Advarthar Veoel VoyM* Telephone SIN Dest'n Name Name Number Number SIN Destn Nam* Nnw A. 29/10 25/11 NGPl PACIFIC VOYAGER 03E *****288 To ABIDJAN (ABJ) 2003 Cote D'lvoire To aQABA (AQJ) 2023 Jordan8,961 words
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Advertisement512 2005-08-19 25 Guaranteed Sailing! I Service from Singapore to: I Los flngeles Keelunq I Weekly Consol. Twice weekly I Mon cut-off. Consol. I 14 days transit. Mon A Thurs cut-off I ™HUB MARINE PTE LTD BOOKING: *****375/716 MAINLINE: *****866 FAX: *****066 OPR CODE "DZ" CR NO **********0Z MARKETING SALES: KELVIN CHUA: *****636,512 words
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Advertisement633 2005-08-19 25 FREIGHT LINKS EXPRESS PTE LTD 51 Penjuru Rood, 3rd Level, Freight Links Express Logisticentre, Singapore *****3 Tel: *****511 Fax: *****577 W Website:http://www.freightlinlcs.net ■■fagßSw-' ATTRACTIVE RATES TO: ALEXANDRIA GENOA KEELUNG KAOHSIUNG LE HAVRE MALTA MAHE MARSEILLE IRMJBHB CEBU DALIAN HONG KONG JAKARTA GMNGOAO SHANGHAI SURABAYA WtUr XINGANG XIAMEN _<S~ (oofcisf Hortbts:633 words
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Advertisement52 2005-08-19 25 G GENIKI LINES I As Agents: CROSSEAST SHWPINO PTC tID operator code GK CK NO: 771 3202 0000 M M: 6327 17N fox: 6327 1588 Hiirf faoßtomfflposnt mnug *Mylk wtmfM+Laxrunt KUCHMO WBKLY SAUNG KOIA KPiABALU, MNIUUJ 10 PAYS SAMNO IGBIM iOHOt I 6JISK I 3Q/W I 31/W I 01/W I52 words
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Advertisement286 2005-08-19 25 jgjELMSi^^ MS —MwTiT^TmvMT^ ■PSfim TIGER WAVE 31 ON 20-21/08 26-28/01 03-04/00 ■MUfcUfl TIGER PEARL 31 IN 23-24/08 3041/09 06-07/09 I *i« \i !i' W TIGER SEA 312N 27-28/08 02-04/09 1 0-11/09 1 |BMflH|m TIGER SKY 313N 30-31/08 06-08/09 ÜBmTIGtRWAtt 314W 03-04/09 09-11/09 17-18/09 1 320 inB^2^27^BM44^9| ■RtMffMTIGER SPIRIT 107 18-19/08286 words
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CINEMA
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Article, Illustration535 2005-08-19 27 PARVATHI NAYAR - But Maid's low on its treatment of S'porean issues embedded in it, says PARVATHI NAYAR PARVATHI NAYAR Director Kelvin Tong's Eating Air (1999) must rank as one of the best films made in Singapore in recent years even if the critical acclaim didn't translate into commercial success.535 words
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355 2005-08-19 27 GEOFFREY EU - By GEOFFREY EU HOW far can a cop go in order to nab a criminal before he crosses the moral divide? This notoriously ambiguous police code of ethics as portrayed by films like Serpico and The .French Connection is examined to a great degree in355 words
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Article, Illustration350 2005-08-19 27 PARVATHI NAYAR - By PARVATHI NAYAR FASHIONED out of pooches, beautiful actors and Internet romance, Must Love Dogs sounds like a must-have, Made in Chickflick Heaven product. Just goes to show you can't trust product advertising for anything nowadays. Not even the endorsement of a star350 words
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301 2005-08-19 27 NGIAM YING LAN - By NGIAM YING LAN IT'S a pity, but birds don't seem to inspire the same kind of oh-so-cute response as their animal counterparts like dogs, cats or even fish. Such is the case with Valiant, a featherweight, kids-oriented CGI feature inspired mainly by the301 words
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Article, Illustration521 2005-08-19 27 GEOFFREY EU - By GEOFFREY EU WITH his retro disco-era hairstyle, Ah Beng sunglasses and delusions of grandeur, Harry Lee is readily identifiable as a dreg of society, a tragicomic specimen for whom life has passed by once too often. Embittered by a lifetime of521 words
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Page 27 Advertisements
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Advertisement119 2005-08-19 27 V Meet our most advanced The Bose® Lifestyle 9 48 DVD Home Entertainment System. home entertainment system 9 ever. It listens, learns and Consider it your new best friend. f adapts.To entertain on end, and to be the life of the party everytime. Experience it at the Bose® showroom today119 words
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ARTS
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Article, Illustration1016 2005-08-19 28 GEOFFREY EU - ART Alexandra Nechita has become a poised young woman, still in love with art, at peace with herself and sensible enough to realise that she has plenty to learn, reports GEOFFREY EU GEOFFREY EU IN a few weeks' time, Alexandra Nechita begins her third year as anARTHUR LEE - 1,016 words
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Article, Illustration493 2005-08-19 28 GREG WALDRON - THEATRE By GREG WALDRON FOR the majority of people, opera is pretty rough going. Few can understand 19th century German all that well, and if one hasn't studied the plot line before the show, the long solos and orchestral crescendos will make no sense493 words
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553 2005-08-19 28 NGIAM YING LAN - BOOKS By NGIAM YING LAN "WHEN you step into big bookstore chains, you tend to notice the bigger, more popular titles and smaller works often get overlooked," says Phan Ming Yen, director for artistic development at The Arts House. "In our case, we're553 words
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Page 28 Advertisements
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Advertisement58 2005-08-19 28 'I*iuwJwrff j«rf 2. -y" *j|j|j 30years Original )£H 30% discount on 8 selected Montis Chairs A^B Date: 19th August 11th September 2005 exclusively available X tra Living s: r :::iH;: HUHs :jfHsfsH| sHUsHU: 9 penang rd #01-01 park mall *****59 jjj HS j§ plifjj} {!{HJif: w|} H;jjj'P?iH!§: t 6336 068858 words
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Advertisement63 2005-08-19 28 OHermanMiller Mirra™ Chair Limited Feature: standard height tilt limiter fixed arms adjustable flexfont seat depth adjustable lumbar support bb castors (carpet usage only) USUAL 1705 w/GST J I 'I'IJIIiJ now $1299 NETT* •Available in 3 combinations of colours •Valid while stocks last 0% instalment available li" exclusively jvalattr <ra Mng63 words
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Page 28 Miscellaneous
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Miscellaneous300 2005-08-19 28 CRYPTIC CROSSWORD 6 Quivered and ran |^L_JllH.— 7 Besmirch volunteers caught in [■J ll 1H wickedness (5) -P® 10 Meat is available for serving to I archbishop (7) 11 Penny needs illumination in an |H Hi HH H| alarming situation (6) 12 Exclamation of surprise when HH j maiden falls300 words
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WINE
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Article, Illustration1092 2005-08-19 29 N K YONG - N K YONG gives some tips on how to spot those wines with the potential to become legendary N K YONG MOST wine lovers are familiar with some of the wines that have now become legendary Margaux 1900, Latour 1928, Latour 1929, Mouton 1945, Latour 1945,1,092 words
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Article, Illustration551 2005-08-19 29 GEOFFREY EU - By GEOFFREY EU WHEN you're part of a family business that started in 1385—probably earlier chances are you'd have a tiny inkling of which way your career path would lead from early on in life. Alessia Antinori, the youngest of the three daughtersCHRIS LOH - 551 words
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Page 29 Advertisements
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Advertisement9 2005-08-19 29 j 16 Tagore Lane Singapore *****6, Tel: 6749 99889 words
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Advertisement10 2005-08-19 29 B||H|y #i i>4i •*•■'\m>><3 4 v-. a i wr v10 words
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Advertisement252 2005-08-19 29 Sip m .M r jtt' <* i s-i ,i f«\ villi < f *w •>*•*. 9 #li n o** I products also available rX" p I r"or more information, please contact us at: jpftsn; Wine Culture Pte Ltd fiwuUip 897 Bukit Timak Road Singapore *****7. Tel: 6462 1129 Fax: 6462252 words
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executive lifestyle
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564 2005-08-19 30 jaime ee - off the cuff jaime ee DEAR Mr guards-them-gates-of-hell. There are some things I need to clarify with you. Now, I know it's the Seventh Month of the lunar calendar and you're just doing your job, opening the gate at some appointed time of564 words
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Article, Illustration1522 2005-08-19 30 GREG WALDRON - Sentosa's ONE15 Marina Club is the biggest news in the marina business for quite some time. GREG WALDRON checks out its prospects in light of the difficulties Singapore's other marina clubs have faced GREG WALDRON FOR an island located in a region famous for beautiful beaches and1,522 words
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Page 30 Advertisements
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Advertisement9 2005-08-19 30 ARTS Alexandra Nechita: f Young at art PG 289 words
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