The Business Times, 2 September 2005
This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.
2005-09-02
1
30
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section17 2005-09-02 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asia 1 .com.sg MICA (P) 089/03/2005 Friday, September 2,200517 words
-
Article, Illustration833 2005-09-02 1 VEN SREENIVASAN - BT exclusive One crucial date will be Sept 28 when members will vote on a debt-for-equity exchange By VEN SREENIVASAN [SINGAPORE] Cashstrapped Raffles Marina could go under unless its note-holding members agree to swap their debt for equity and DBS Bank agrees to833 words
-
Article, Illustration431 2005-09-02 1 MICHELLE QUAH - CPIB also said to be investigating NKF's operations By MICHELLE QUAH [SINGAPORE] The former chief executive of the National Kidney Foundation (NKF), TT Durai, has had his passport impounded by the police, sources have told The Business Times. It is unclear why Mr Durai's431 words
-
Page 1 Advertisements
-
Advertisement84 2005-09-02 1 EXEC LIFESTYLE We're the smaller ones, we can run faster, so lefs try to run faster# Helmut Panke, chairman of BMW's board of management, on how the German company played David to Mercedes-Benz's Goliath to become one of the most profitable car makers today. In the RAFFLES CONVERSATION tomorrow tuf84 words
-
Advertisement85 2005-09-02 1 CORPORATE NEWS Banking veteran appointed SGX retail chief PG6 H m%3x) ri M, V WkMK. HkS^LJ* z ■unFnw mal I mmn $g^ mmm^ d I nQ bI /v f I A^HJHTIHfI CD 1188 Is, > VI I ft M JJBLJSi i Tmkßm i JjmJffl.jfjlg flr, f M'flw i IW/f/ml BT85 words
-
Advertisement12 2005-09-02 1 ROADS LESS TRAVELLED Driving through ktrd of BHffIHHHRI the Rings country PG3O12 words
-
-
TOP STORIES
-
Article, Illustration593 2005-09-02 2 DANIEL BUENAS - RFP set for end-Sept; speculation that award may be linked to land price By DANIEL BUENAS [SINGAPORE] The Request for Proposals (RFP) for the integrated resort at Marina Bay will not be released before the last week of this month, the Singapore593 words
-
Article176 2005-09-02 2 IN the report, "CAAS, LTA get new board members" (BT, Sept 1), we erred in saying that Michael Linp Choo San is taking over the chairmanship of the Land Transport Authority from Tan Cheng Bock. Mr Lim is continuing in his role as LTA chairman. Dr Tan,176 words
-
Article517 2005-09-02 2 Moves to block town club's settlement scheme A DAY after the owner of Raffles Town Club obtained court approval to put forward a scheme of arrangement, some club members could be getting together to scuttle it. They have begun lobbying fellow members to vote against the scheme and517 words
-
Article, Illustration70 2005-09-02 3 'As President, I pledge my commitment to continue to reach out to all Singaporeans, and to do my part .not only to foster a more cohesive and inclusive community, but more importantly, take care of Singapore's interests for the present and the future.' President S RLAU FOOK KONG/ST - 70 words
-
427 2005-09-02 3 VEN SREENIVASAN - RAFFLES TOWN CLUB SAGA Some members said to be lobbying for conversion of debt into club equity By VEN SREENIVASAN [SINGAPORE] A day after the owner of Raffles Town Club (RTC) obtained court approval to put forward a scheme of arrangement, some club427 words
-
550 2005-09-02 3 ARTHUR SIM - By ARTHUR SIM [SINGAPORE] At its first ever press conference, held yesterday. Government of Singapore Investment Corporation, Real Estate (GIC RE) announced that it would invest US$6OO million for an 80 per cent stake in ProLogis Japan Properties Fund 11, which550 words
-
-
Page 2 Advertisements
-
Advertisement267 2005-09-02 2 I PRESERVATION OF INTERNATIONAL WEALTH ASSETS I I Symbols of Civilisations I I Seminars: 2nd SEPT (Today) sth SEPT (Monday) at 7 om I I To explain a program for a Global Renaissance Intellectual Understanding Financial Values of crafts and I I craft Art of the Fabled Silk Road and267 words
-
-
Page 3 Advertisements
-
Advertisement88 2005-09-02 3 Using illegal software in your office is a CRIME. With the Ss2o,ooo* reward offered, anyone can report against you, including your employees. Over 450 employees have already called the Business Software Alliance to report their companies this year. YOUR COMPANY could be NEXT. »—i r—> yy Do what is right88 words
-
-
COMPANY NEWS
-
Article, Illustration522 2005-09-02 4 GENEVIEVE CUA - Global bond product will be launched for the retail market Reports by GENEVIEVE CUA THE fixed income team who walked out of DBS Asset Management has joined forces with homegrown APS Asset Management to set up a dedicated bond house. One ofARTHUR LEE - 522 words
-
462 2005-09-02 4 APS Asset Management has hit a rocky patch in returns in its Asia ex-Japan portfolios, but the firm is sticking to its knitting or its investment philosophy which relies on research and bottom-up stock picking. The most visible underperformance is462 words
-
Article409 2005-09-02 4 Reuters [SINGAPORE] Singapore Telecommunications Ltd, Asia's fifth-largest phone company, said yesterday that the weakness of the Indonesian rupiah would affect earnings contributions from its mobile phone affiliate Telkomsel. "Telkomsel's earnings in rupiah when translated into Singapore dollars will reflect the current weakness of theReuters - 409 words
-
751 2005-09-02 4 MICHELLE QUAH - HOCK LOCK SIEW By MICHELLE QUAH ACCORD Customer Care Solutions (ACCS) has received much flak from shareholders in recent months over the state of its financial affairs and rightly so. But given the fact that there is now a new management charged with751 words
-
Article, Illustration288 2005-09-02 6 RACHEL LIN - Andrew Liew will draw on market and distribution experience By RACHEL LIN A 20-year banking industry veteran has been appointed head of retail business at the Singapore Exchange (SGX). Andrew Liew, who started with the SGX yesterday, will spearhead moves to grow its288 words
-
COMPANY BRIEFS
-
40 2005-09-02 6 HARTFORD Holdings, an gthicatfrm pi wviderqfbusiness management programmes, said it has signed agreement with China Textile and Apparel Education Society a national academic, non-profit and public organisation to establish training centres in China.40 words
-
Article76 2005-09-02 6 SARIN Technologies, a developer and manufacturer of precision diamond and gemstone production technology, has launched a brand new laser sawing, cutting mad shaping product for the diamond industry, biased on proprietary technology and the latest in green laser technology. The use of a green laser76 words
-
45 2005-09-02 6 NATSTEEL Ltd announced yesterday that the company has received the balance $156.4 million from the Tata Iron and Steel Company Ltd for the sale of sold its steel business to India's Tata Steel in AugTftt last year.45 words
-
44 2005-09-02 6 ARA Trust Management (Suntec), the manager of Suntec Real Estate Investment Trust (Suntec Reit), announced yesterday that acting chief executive officer Yeo See Kiat has been promoted to chief executive officer of Suntec Reit with immediate effect.44 words
-
-
Article, Illustration431 2005-09-02 6 AMIT ROY CHOUDHURY - By AMIT ROY CHOUDHURY MAINBOARD-LISTED Multi Vision Intelligent Surveillance has signed a fresh three-year agreement with a distribution partner. Elixir Group, to double the sales of its digital video surveillance systems in Macau. Under the new agreement, Elixir has committed itself to doublingFILE PHOTO - 431 words
-
Article, Illustration303 2005-09-02 6 CHUANG PECK MING - By CHUANG PECK MING THE Changi property that Ascendas Real Estate Investment Trust (A-Reit) indicated last week it might buy is a three-storey warehouse building in Changi South. Ascendas-MGM Funds Management, A-Reit's manager, yesterday announced it has signed the put and call303 words
-
348 2005-09-02 6 CHEN HUIFEN - It will also serve as a base to invest in regional healthcare opportunities By CHEN HUIFEN Asia Medic's new shareholder said its investment in the Singapore healthcare provider is for the long-term and could be the first of several similar healthcare investments348 words
-
-
Page 4 Advertisements
-
Advertisement114 2005-09-02 4 Financial Due Diligence has its problems but the underlying reality is the difficulty in assessing the nebulous goodwill and intangibles that can represent 80% a company Such problems are:- translating strategy into shareholder testing the quality of the company's plans and HplHpliplliijHM forecasts answering the 3 critical questions demanded by114 words
-
-
Page 5 Advertisements
-
Advertisement286 2005-09-02 5 tfifM BH Global Marine Limited J (Registration Number: *****4900H) (Incorporated in the Republic of Singapore on 23 April 2004) WHm*'"> 0 '"fi 881 11 11 Invitation in respect of 70,000,000 New Shares of $0.05 each comprising: (1) 4,000,000 Offer Shares at $0.20 each by way of public offer; and (2)286 words
-
-
Page 6 Advertisements
-
Advertisement50 2005-09-02 6 i f»i7niT^yAi K\ 9 *rejc If h\ m\ i J P^|^^B|^H9h3 I^^^HARD^^CIASS r^Mi J I Japan 2005 Captain sij\ 'V/x ro m:R gate pBOBBBD^BmBniBmBIBmBBIIIBIfIIDIB SI AMVisit Our New Showroom PM H OTII iHE I WWm%owWm3%Jwm%3K 459 MacPherson Road I2OQO "Premium" MPV&SUV Pro-Shop MOTORS Ic h grnVt o rV.'cYJ OmOw W»W50 words
-
-
Page 7 Advertisements
-
Advertisement108 2005-09-02 7 Feed your passion at the most eagerly awaited golfing event in Asia: The Singapore Open. A US$2 million tournament played at Sentosa dhdcw island's breathtaking and challenging Serapong Course attracting some bIJNvjA.I L/I\E< of the most exciting golfers in the world. It's the week that you won't Jf| be able108 words
-
-
SINGAPORE MARKETS
-
Article, Illustration499 2005-09-02 8 R SIVANITHY - STOCKS Another boost for Straits Times Index from Keppel Corp and the Jardine group R SIVANITHY Senior Correspondent SHIPPING, marine logistics, oil and property are in, banks and technology are out. This is the signal the market has been sending throughout the year oneSource: Bloomberg - 499 words
-
487 2005-09-02 8 CHUANG PECK MING - TRADES TO WATCH Compiled by CHUANG PECK MING OCBC Bank continued its share buyback exercise yesterday when it paid $3.12 million for 498,999 shares in the open market. The bank paid $6.25 apiece to bring its cumulative purchase to 30.46487 words
-
Article, Illustration423 2005-09-02 8 OTHER SINGAPORE INDICES Sep 1 VALUE CLOSE BT OB/OS -129.00 +123.00 BTCADI -*****.00 +91.00 BT 10-day MA -*****.00 -13.00 AH-SG Equities 586.43 +5.40 SG Equities Elect 137.03 -0.73 SG Equities Fin 1649.64 +11.07 SG Equities Prop 661.89 +11.77 SIMSCI 271.99 +2.73 SiMSCI Futures 273.10 +3.40 MOST ACTIVE STOCKS VOLUME Accord423 words
-
Article, Illustration1038 2005-09-02 8 UMA SHANKARI - Compiled by UMA SHANKARI WHILE share prices of other offshore marine stocks have stabilised, Keppel Corp's share price has weakened further on share placement rumours. We do not expect the company to do a share placement and we have confirmed this with the management. The market is focusing onSource: Bloomberg - 1,038 words
-
Article, Illustration496 2005-09-02 8 CURRENCIES Reuters AFP [SINGAPORE] Most Asian currencies gained yesterday for the first time in five sessions, helped by renewed talk of further gains in the Chinese yuan after a decline in oil prices eased concerns about Asia's economic growth and inflation. The IndonesianReuters; AFP; AP - 496 words
-
-
SINGAPORE NEWS
-
431 2005-09-02 9 CHUANG PECK MING - But PM stresses its fundamental purpose remains as valid as ever By CHUANG PECK MING SOME more changes are on the cards for the Constitutional provisions governing the elected Presidency, as the government fine-tunes its detailed workings. President S B Nathan, who431 words
-
223 2005-09-02 9 UMA SHANKARI - By UMA SHANKARI YOU know that pesky feeling you get when you are not sure if you left the lights on at home? Well, with homegrown company Anjels Integration's new lighting and security system, you can use your mobile phone to control your household223 words
-
Article, Illustration386 2005-09-02 9 CHEN HUIFEN - By CHEN HUIFEN FIFTEEN researchers from the Agency for Science, Technology and Research (A*Star) will be seconded to 13 local firms under a programme to help small and medium enterprises boost their competitiveness. Called "Growing Enterprises with Technology Upgrade" (GET-Up), the programme wasLIANHE ZAOBAO - 386 words
-
441 2005-09-02 10 ANNA TEO - Decline in indices for new export orders raises some concern By ANNA TEO AFTKR a strong rebound in July, the purchasing managers' index (PMI) rose just marginally in August, with weak increases in new orders and output. Fxport orders were, while still growing,441 words
-
Article, Illustration447 2005-09-02 10 DANIEL BUENAS - Move could bring cost savings of up to $4.smayear without job loss By DANIEL BUENAS THE government plans to to centralise some human resource and finance processing activities across the civil service a move that could save up to $4.5 million a year.447 words
-
387 2005-09-02 10 AMIT ROY CHOUDHURY - By AMIT ROY CHOUDHURY THF Singapore Network Information Centre (SGNIC), which administers Internet domain names in Singapore, will reduce the whole' sale prices it charges registrars who sell domain names in Singapore as well as put in place a more robust accreditation framework. SGNIC,387 words
-
Article5092 2005-09-02 10 UNIT TRUSTS FUNDS dit-Europazms(SSEq.) 95.3096/ Citigroup Asset Mgt ABN Amro Asset Mgt (S'pore) Crti Global Bond/* 1.47/ Star Europe Eqty'** 0829* Citi Asia Infiastructue 0.7726/0.8035 Star Europe Bond 1.253/ Citi iapan 1 S» Europe Bal 1.144/ CmBond S'pore A/$ 1.294/ Star Asian Tiger Eqty 1.014/ CitiBond Spore B/J 1344/ Star5,092 words
-
-
Page 9 Advertisements
-
Advertisement7 2005-09-02 9 Lianhe Zaobao B Jpi j|f| If jjjj7 words
-
Advertisement169 2005-09-02 9 M Rjfrl WO^W t JjWgjM jET- v£* aWtfiL*BPJB9|HHE|K^U|mr v u| u :V ii- "**""t i J i H v r iiwMHitr niii y.. I- *-T|-|' I t*f iil 4&* <i»M*<P<iW*''* w i *t^ ■«—'•»»«i^i i i.»»' i—'.w ,WM '»f*Tr fE 7 'f iliiflHrrWlH^Mi^BßßHßjllm^ff^ IMtHtMiM- MHBißsWalsiKj 4 ■> •*S^^BH^BWCWWP»PWPW!PW>^^*' t* jSS^Pr-169 words
-
-
Page 10 Advertisements
-
Advertisement17 2005-09-02 10 PIMCO Global Bond Fund rated 5-star by Mercer Investment Consulting J J Global Investors company regn.no *****7169Z17 words
-
-
ECONOMY WATCH
-
311 2005-09-02 11 AP ISHANGHAI) Raising the value of China's currency will not resolve trade friction with the United States, an American business group said yesterday. The July 21 revaluation of .the Chinese yuan by 2 per cent to 8.11 to the US dollarAP - 311 words
-
676 2005-09-02 11 Fuel subsidy cuts could slow growth, crimping consumer spending on goods Bloomberg [BLOOMBERG! Crude oil's 58 per cent price jump this year have forced Indonesia to speed up plans for fuelsubsidy cuts to stem a widening budget deficit. Refiners are pressingBloomberg - 676 words
-
Article, Illustration301 2005-09-02 11 AP [NEW DELHI] Surging oil prices are unlikely to restrain the strong economic growth in India and China, Asian Development Bank president Haruhiko Kuroda said. "Oil prices have certainly affected the global economy, but China and India appear to growAP - 301 words
-
368 2005-09-02 11 LATEST US DATA AP. Reuters [NEW YORK] The US manufacturing sector extended its growth streak in August, but its pace was not as robust as July's, in part because of rising energy prices. The Institute for Supply Management, which issued its monthlyAP.; Reuters - 368 words
-
-
Page 11 Advertisements
-
Advertisement231 2005-09-02 11 U THE WORLD IS FLAT Oi THOMAS L. FRIEDMAN New York Times Foreign Affairs Columnist and Three Times Pulitzer Prize Winning Author H Chair KISHORE MAHBUBANI Dean, Lee Kuan Yew School of Public Policy U w FRIDAY, 9 SEPTEMBER 2005,5 PM r Block C, Auditorium Opposite Lee Kuan Yew School231 words
-
Advertisement1960 2005-09-02 11 |o^^2^j^^jO|^^^^r^rivertis^^Uol^rcMM<^B^B22^mail^notices@sphxonvs^ Deutsche Bank 0 DEUTSCHE BANK AG, ACTING THROUGH ITS LONDON BRANCH (Incorporated under the laws ot the Federal Republic of Germany) NOTICE TO WARRANTHOLDERS To (1) ALL HOLDERS OF EUROPEAN STYLE CASH SETTLED INDEX CALL WARRANTS RELATING TO THE HANG SENG INDEX ISSUED BY DEUTSCHE BANK AG, ACTING THROUGH1,960 words
-
-
MALAYSIA/INDONESIA
-
558 2005-09-02 12 Extra US$2b will help stem rupiah decline, in addition to Japan package Bloomberg, FT [JAKARTA] Indonesia will sign a currency swap agreement with China that will enable the South-east Asian nation to get US$2 billion to stem a decline in the rupiah.Bloomberg,; FT - 558 words
-
126 2005-09-02 12 Reuters [SINGAPORE] The Monetary Authority of Singapore (MAS) said yesterday that it would stick to its policy of a gradual and modest appreciation of the Singapore dollar, despite the recent dramatic fall of Indonesia's rupiah. "MAS monetary policy as articulated in itsReuters - 126 words
-
Article, Illustration581 2005-09-02 12 S JAYASANKARAN - NEWS ANALYSIS By S JAYASANKARAN in Kuala Lumpur SHARES of Proton Holdings, Malaysia's stateowned carmaker, tumbled 4.5 per cent yesterday to RMS.4S after its latest results showed a loss amid what appears to be opaque accounting. In contrast, shares of Commerce Asset Holdings,Source: Bloomberg - 581 words
-
Article2432 2005-09-02 12 VOl General Corp .0.39 -0.02 34 Sepl RM C000) Genting 19.40 0.30 739 George Kent 0.60 0.02 52 A 4 M Realty 1.46 -0.02 9 GHL Systems .0.13 -0.01 143 Abnc -033 -0.03 15 Globetron.es Tech 0.37 -0.01 1054 ACP Industries 0.63 unch 102 GlomacBhd 1.38 -0.01 1412,432 words
-
-
Page 12 Advertisements
-
Advertisement3098 2005-09-02 12 IN THE MATTER OF THE IN THE MATTER OF THE IN THE MATTER OF IN THE MATTER OF THE COMPANIES ACT (CAP 50 1994 Ed) COMPANIES ACT (CAP. 50,1994 Ed) THE COMPANIES ACT, CAP. 50 COMPANIES ACT (CAP. 50,1994 Ed) AND AND AND AND IN THE MATTER OF IN THE3,098 words
-
-
GREATER CHINA/INDIA
-
346 2005-09-02 13 AmCham poll also highlights retaining talent, visa issues AFP [BEIJING] The business outlook for US firms in China is promising but concerns remain about the government's commitment to implement trade obligations like intellectual property protection, a survey said yesterday. "China'sAFP - 346 words
-
Article, Illustration229 2005-09-02 13 AFP [LONDON] Britons of south Asian origin generate a "staggering" £103 billion (*****.3 billion) for the economy, a study by the Institute of Asian Professionals indicated yesterday. Although they make .pp 2.5 per cent of the total population, south Asians accountAFP - 229 words
-
312 2005-09-02 13 Reuters [KOLKATA] A treasure trove containing a huge number of gold artefacts, some dating back to the 3rd century BC, has been discovered at the home of one of India's leading industrial families, officials said yesterday. The Birla family has been squabbling over theReuters - 312 words
-
438 2005-09-02 13 Move comes amid hard lobbying and resistance by rival Morgan Stanley [HONG KONG] Credit Suisse First Boston has won the prized mandate to underwrite the US$5 billion overseas listing by China Construction Bank, the country's second-largest bank, in spite of resistance from438 words
-
821 2005-09-02 13 It has made several significant banking link-ups in country [SINGAPORE] Foreign lenders and institutions are taking the plunge into China's troubled banks. And they are ramping up spending ahead of WTO-mandated regulation changes that will free up the sector to greater821 words
-
215 2005-09-02 13 AFP [BANGALORE] India's two largest software companies yesterday said ABN Amro had awarded each of them their largest ever outsourcing contracts totalling US$4OO million. India's largest software exporter, Tata Consultancy Services, said it had won a five-year 200 million euro (Ss4ls million) contract forAFP - 215 words
-
-
Page 13 Advertisements
-
Advertisement169 2005-09-02 13 In business, it pays to know your options. Get a 20% discount B| for your home I subscription of 1 The Business Times JL and choose your yt. Ss p I I .wßsrSSassw. 0k Iv// v 7 Aw/yy B P®ckBQ® 5 jl c °mp r| sl n g a *****169 words
-
-
ASIA-PACIFIOUVORLD
-
Article, Illustration713 2005-09-02 14 ANTHONY ROWLEY - Postal privatisation seen as way for foreigners to take over local assets By ANTHONY ROWLEY in Tokyo A NEW controversy has surfaced in Japan's unusually charged election campaign, with claims that Prime Minister Junichiro Koizumi is using postal privatisation as a Trojan Horse to713 words
-
328 2005-09-02 14 AP [TOKYO] Japan and Thailand reached have a basic agreement on a free trade accord, with some remaining technical issues to be ironed out in the near future, the Japanese Foreign Ministry said yesterday. Japan's Prime Minister Junichiro Koizumi and his Thai counterpart,AP - 328 words
-
500 2005-09-02 14 AL LABITA - By AL LABITA in Manila [MANILA] The Supreme Court yesterday upheld the legality of the expanded VAT (e-VAT) legislation amid political unrest that could worsen after Philippine president Gloria Arroyo's congressional allies rebuffed an opposition bid to impeach her for alleged500 words
-
434 2005-09-02 14 Bloomberg INHWYORK) MasterCard Inc the No 2 US credit card company plans to sell half of itself to the public to pay off 1,400 owner banks and obtain US$65O million to revive competition with rival Visa International Inc. TheBloomberg - 434 words
-
Article273 2005-09-02 14 [SYDNEY] US media group Forbes this week launched a pan-Asian edition of its US business journal to be published in English bi-weekly, the Financial Times reported. The debut of the Asian edition, with an initial circulation of 80,000, follows the launch of Korean, Chinese and273 words
-
-
Page 14 Advertisements
-
Advertisement34 2005-09-02 14 $J®- VSlf S *m« m > :S0 ImmP It; v > i',| > >» exquis^fl|B^^^||PPHH^^ Hi delicacies, boaB in quality and taste.^B, <^jßßM^ Try our Raisin Chocolate tffiffl&fyooncake and the Alrrtprid Slivers Dark lp Jp ilßßsil fP if34 words
-
-
WORLD
-
676 2005-09-02 15 RAVI KANTH - Impact from oil price hike and deteriorating budget deficits By RAVI KANTH in Geneva GLOBAL economic growth is expected to slow down but only marginally to 3 per cent this year because of the continued surge in oil prices and worsening budget deficits,676 words
-
WORLD WATCH
-
112 2005-09-02 15 Bloomberg [HELSINKI] Sony Corp, the world's biggest video game console maker, began selling its Play Station Portable player in Europe as the company challenges Nintendo Co in the US$4.5 billion market for handheld game devices. The player goes on sale at midnight forBloomberg - 112 words
-
109 2005-09-02 15 AFP [TEHRAN] Shiite Iran on Wednesday led a worldwide chorus of horror and outrage over the deaths of almost 1,000 people in a stampede as they headed to a Shiite shrine in Iraq. At least 965 Iraqis either drowned or were crushed to deathAFP - 109 words
-
93 2005-09-02 15 [PARIS] France Telecom on Wednesday announced a three billion euro (556.3 billion) share issue to help fund its acquisition of Spanish mobile telephone operator Amena, the Financial Times reported. The capital increase the biggest rights issue in Europe so far this93 words
-
79 2005-09-02 15 Reuters [ZURICH] Swiss drugmaker Novartis AG has offered US$4.5 billion to buy the remaining shares it does not already own in US pharmaceuticals firm and flu vaccines maker Chiron. Novartis has a 42.2 per cent stake in Chiron and said yesterday it hasReuters - 79 words
-
-
Article, Illustration563 2005-09-02 15 Bloomberg, Reuters [LONDON] As Hurricane Katrina wreaks havoc in the US Gulf, Washington is getting blasted for failing to prepare for a petrol crunch that is driving world oil prices to unimaginable levels. As new refinery capacity springs up across the globe to meet acceleratingBloomberg,; Reuters; AFP - 563 words
-
253 2005-09-02 15 NYT Google, which built a lucrative business in online advertising, has found a new medium for its ad sales: print. The company is buying ad space in magazines and filling it with half a dozen ads from clients of its vast online system. The firstNYT - 253 words
-
-
Page 15 Advertisements
-
Advertisement357 2005-09-02 15 WL Noodle Hut BE) A subsidiary of My Mum's Cuisine Pte Lid iS^^ilil RVMIHHHBMHinMHMnHMIRIIIIA Diners Club Card To apply, ca*****6 0980 LVm BB| /"?zv ByM A World of Exclusive Privileges Treats /gTDiners Club MERITUS MANDARIN SINGAPORE Mid-Autumn *0 WPjfffflfffjßßllll Arguably the Mid-Autumn <0 Mooncake (A atPm REST Y Mooncake (J357 words
-
-
AVIATION
-
Article, Illustration385 2005-09-02 16 Transport minister also suggests penalties for blacklisted carriers AP [ROME] Italy is urging fellow European Union members to create EU-wide standards to make airlines safer and is suggesting penalties for blacklisted carriers, the transport minister said on Wednesday. Pietro Lunardi said ItalyAP - 385 words
-
LOG BOOK
-
111 2005-09-02 16 Bloomberg [SINGAPORE] Silk Air, the regional subsidiary of Asia's most profitable airline, said it carried 7.8 per cent more passengers in the four months to July from a year earlier as more people travelled overseas. A total of 360,000 passengers flew on Silk Air fromBloomberg - 111 words
-
115 2005-09-02 16 Bloomberg [HONG KONG] Hong Kong Dragon Airlines Ltd, the city's second-biggest carrier, said it would lease two Airbus SAS aircraft to Air China Ltd, providing planes for one of its major shareholders to meet increasing demand for air travel. The airline signedBloomberg - 115 words
-
-
Article, Illustration440 2005-09-02 16 Reuters [LONDON] As airlines cut costs and boost fuel surcharges in their battle against record high oil prices, the industry's trade group said on Wednesday it was planning to revise upwards its global loss predictions. The Geneva-based International AirReuters; AFP - 440 words
-
374 2005-09-02 16 Reuters [LONDON] British low-cost airline easy Jet selected Andrew Harrison, the former boss of UK motor services firm RAC, as its new chief executive yesterday. Mr Harrison, 48, will replace the airline's longserving boss Ray Webster, who is retiring in December. EasyReuters - 374 words
-
201 2005-09-02 16 AFP [SYDNEY] A Qantas airliner carrying 68 passengers was forced to circle over the Australian capital Canberra for 20 minutes because an air traffic controller overslept, a report said yesterday. The controller's alarm apparently failed to go off on Wednesday morning and the control towerAFP - 201 words
-
Article469 2005-09-02 16 Egyptian, Armenian carriers blacklisted on safety concerns Bloomberg [FRANKFURT] Switzerland has banned two airlines from its airports in a list released yesterday for the first time to increase transparency after five plane crashes worldwide last month focused public attention on carriers' safety. Egypt's Flash Airlines andBloomberg - 469 words
-
Article1932 2005-09-02 16 CITY FLIGHT ETA FLIGHT ETD EK348 1650 UI312 1530 U***** 1650 CX735 1855 ISSI! !S» iiSo '.on; oho Sm Im 5§SfJ|g sss 3 i RIWIMMW wiM 2 BA7381 1850 *"Wordan. 5Q323 0620 AZ3993 2255 Qf81 1850 AZ3992 1450 KL838 2255 n fiRAf) KL837 1450 SQ324 23451,932 words
-
-
SHIPPING
-
Article, Illustration517 2005-09-02 17 13 lines to up fee for truck, rail transport by 15% to cover fuel costs Bloomberg [SINGAPORE] Some of the world's major container shipping lines have decided to raise fuel levies in the US on land transportation of container boxes fromBloomberg; BLOOMBERG - 517 words
-
369 2005-09-02 17 GEORGE JOSEPH - Move part of PSA's plan to double its Antwerp capacity over the next 5 yrs By GEORGE JOSEPH [SINGAPORE] PSA has tied up with three East Asian shipping lines in a venture to operate berths at PSA's HNN Deurganck Terminal in Antwerp from369 words
-
207 2005-09-02 17 AFP [TAIPEI] Three Taiwanese fishing boats have been hijacked off the coast of Somalia and pirates are threatening to kill dozens of crewmen unless the shipowners pay a total ransom of US$l.5 million, officials said yesterday. The Chung Yi 218, Cheng Ching Feng andAFP - 207 words
-
Article288 2005-09-02 17 SGX '000 Sepl SS Vol CH Offshore 0.41 0.01 716 ChuanHup 0.89 0.01 6420 Cosco Corporation 2.44 0.09 7366 CWT Distribution 0.75 0.01 28 Ezra Hldgs 148 0.04 1911 Freight Unks 0.08 unch 275 Grand Banks Yacht 0.95 -0.02 13 Jaya Holdings 1.33 0.03 3219 K1 Venture 0.32288 words
-
759 2005-09-02 17 SELVA KUMAR - ADMIRALTY CASEBOOK By SELVA KUMAR TWO container vessels collided in the East China Sea on a bright and clear morning in June last year because the officers on watch were too busy arguing on VHF Channel 16 on who had the right of way. This759 words
-
130 2005-09-02 17 AP [JAKARTA] An oil tanker operated by the stateowned Pertamina oil company in Aceh province caught fire yesterday following an explosion in its engine room, a company official said. The ship's captain was injured in the accident at the Ujung Blang seaport inAP - 130 words
-
-
Page 17 Advertisements
-
Advertisement338 2005-09-02 17 Call toll-free 1800 289 8822 IN THE MATTER OF IN THE MATTER OF THE THE COMPANIES ACT, CAP. 50 COMPANIES ACT, AND CHAPTER 50 IN THE MATTER OF AND KUU ENGINEERING IN THE MATTER of PTF I TD HYUNDAI SINGAPORE (CO. REG. NO. ENGINEERING CONSTRUCTION *****7782W) (IN MEMBERS'VOLUNTARY (IN MEMBERS'338 words
-
Advertisement130 2005-09-02 17 ASIA WEST AFRICA TRADE AGREEMENT Emergency Terminal Congestion Surcharge. Apapa. Nigeria Container lines servicing the trade from Far East, India and Middle East to West Africa will implement an Emergency Terminal Congestion Surcharge (ETCS) for Apapa, Nigeria, of usd 110Aeu from 15 September 2005 on a B/L date basis. Operations130 words
-
Advertisement95 2005-09-02 17 ASIA-WEST AFRICA TRADE AGREEMENT PORT CONGESTION SURCHARGES (PCS) Considering the evolution in the different West African ports the members of the Asia-West Africa Trade Agreement have reviewed the Congestion Surcharges. The amounts of these surcharges are the following as from 21st September 2005 (date of B/L): PORT TEU Luanda USD95 words
-
-
EDITORIAL & OPINION
-
Article536 2005-09-02 18 EDITORIAL WORKFARE the government's latest strategy to help low-wage earners is, in name, hardly a new concept outside Singapore. The idea of making people work for their dole apparently had its roots back in colonial America when the poor were auctioned off to work for the lowest bidder.536 words
-
Article, Illustration887 2005-09-02 18 ROBERT SAMUELSON - Why Alan Greenspan holds claim to being 'the greatest central banker who ever lived' ROBERT SAMUELSON The Washington Post Writers Group HE is the dour optimist. Alan Greenspan, completing 18 years as chairman of the Federal Reserve Board and the world's most influential economic figure,The Washington Post Writers Group; BLOOMBERG - 887 words
-
Article, Illustration761 2005-09-02 18 ANDY MUKHERJEE - THE BOTTOM LINE ANDY MUKHERJEE Bloomberg THE crisis of confidence that has come back to haunt the rupiah for the second time in eight years is making some analysts wonder if Indonesia would be better off without a central bank. After all, what's theBloomberg - 761 words
-
Article, Illustration1616 2005-09-02 19 ANAND GIRIDHARADAS - Indian companies are making a quiet push to swallow bite-size chunks of the world economy By ANAND GIRIDHARADAS IHT INDIA is buying its way into the big league. Early on July 1, the Pierre Hotel in New York added an unusual accoutrement to itsIHT; PHOTOS: BLOOMBERG - 1,616 words
-
144 2005-09-02 19 Eng Guan Siah Singapore - LETTERS TO THE EDITOR Eng Guan Siah Singapore I REFER to your article, "Wearnes responds to trio's queries" (BT, Aug 31). How can the directors say that they have provided full and complete information when the company only released its reply to the letter144 words
-
164 2005-09-02 19 Narayana Narayana Singapore - Narayana Narayana Singapore IN the now-forgotten heyday of Malaysian Clob, Sime Darby Bhd was a prime investment favourite of investors on both sides of the Causeway. So, too, were some other companies in its "stable" such as Tractors Malaysia Holdings Bhd. If I am164 words
-
160 2005-09-02 19 Denis Distant,Singapore - Denis Distant,Singapore RULE 30 of the Singapore Code on Takeovers and Mergers requires Offerors to despatch the payment cheques within 21 days of the offer becoming unconditional. This rule might be appropriate under a non-scripless system as time is needed to check the validity160 words
-
-
Page 19 Advertisements
-
Advertisement103 2005-09-02 19 HAVE YOUR SAY Fax your letters to 6319-8277 or email them to btletter@sph.com.sg or write to: The Business Times, SPH HQ, 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 libel103 words
-
Advertisement65 2005-09-02 19 BOUQUETS TO GULP ON Reclaimed Neui Old lilorld Wines @Fabulous Prices! Champagne Claret Super Tuscan m Shiraz Chablis Beaujolais *iS'. Chardonnay w i and many more... Not To Be Missed! 3 4 September (Sat Sun) 10am -6pm Magnum Spirits Wine 362 Upper Paya Lebar Road #01 -03 Oa Jin Factory65 words
-
-
Article10758 2005-09-02 20 SGX MAINBOARD 52 rn let Last Vol Day Last Quota GrOtv Dtv GrYld Net MCap High Low Code Company Sale ('000) High Low Buytf SaWf Cw M Smll 10 2 5716 1st Software 5c 3 +0.5 465 3 2.5 2.5 3 12.1 28.5 8.5 3148 8TelecomUS2c 9 unch10,758 words
-
Article6544 2005-09-02 21 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In local curr In SS In US$ dy yr dy yr dy %yr Aug 31 Index Change Change Change Change Change Change World Index Preliminary 899.2 0.4 5.5 0.7 5.0 0.7 1.8 t EAFE Preliminary 859.3 0.6 11.2 1.2 5.7 1.3 2.4 Europe6,544 words
-
Page 22 Advertisements
-
Advertisement1111 2005-09-02 22 NYK GROUP SOUTH ASIA PTE LTD KTVT M'TGV TEL 6295 0123 VI-J-A XV A Aline fc&gzdf A 9 A LINE Fax: 6292 2856{Regionalsales)/*****109(0P5)/6299 5785(Documentation) W NIPPON YUSEN KAISHA TOKYO SO»AKU KASHA. UD (C/R NO: **********0E) i CR#: 137S *****00G SENATOR LINES ifefrL? HWt*C SSNATOR (S.E.A.) Pte Ltd Main Line: +651,111 words
-
Advertisement912 2005-09-02 22 IINTEHASIA ROUP SERVICE VBSa/VDT mUfQCT) HBGHTW PKG KOj LO I SW JKT STRAITS VENTURE 18/05 IS 3.2 01/W 04/09 08/09 11/09 13/09 STRAITS VENTURE 19/0S 15 3.? 15/09 18/09 22/09 25/09 27/09 STRAITS VENTURE 20/05 15 3.2 30/09 02/10 06/10 09/10 11/10 I AUSTRALIAN ROUP SERVICE VBSa/VOY KAMftKT) HBGHT(M) LP912 words
-
-
Page 23 Advertisements
-
Advertisement1346 2005-09-02 23 www.hombufgsud.com AUSE SERVICE (EXPORT) ETA ETA IB 01 POUT KIAMG SIWCAPOWt IRISIANE SYDNEY MEUOURHE ADELAIDE rORTKUHC SINGAPORE WISIAHE STWKT MEHOURNf UXIAX* AFRICA STAR SO3S 08/09 09/09 19/09 21/09 24/09 27/09 AFRICA m 504S 04/10 07/10 17/10 19/10 22/10 25/10 CAIYUN HE 063S 15/09 16/09 26/09 28/09 01/10 04/10 CAIYUH HE1,346 words
-
Advertisement1350 2005-09-02 23 VESSEL VOY SIN JKT _HB_ _BjH_ JjjC_ KYH PUS VESSEL VOY SIN JKT SUB HKG DSN PUS HY MIDGE 099S 1/9 3/» 8/9 10/» 12/9 14/9 14/9 KMTC JAKARTA 512S 4/9 7/9 8/9 13/9 17/9 18/9 HY VLADIVOSTOK IMS 8/9 10/9 15/9 17/9 19/9 21/9 21/9 KMTC ULSAN Sl7s 11/91,350 words
-
Advertisement980 2005-09-02 23 WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICQ POINTS VESSEL VOT SIN P.KLANG COLOMBO W. SHEV* COLOMIO KOTA PtRWIRA YPWO69 ?9 AUG 30 AUG 02 SEP 06 SEP 09 SEP INDIRA GANDHI OQ96W OS SEP Ot SEP 09 SEP UJtf Liitf RAJIV GANDHI 0096W 12 SEP980 words
-
-
Page 24 Advertisements
-
Advertisement880 2005-09-02 24 USU WALLENIUS WILHELMSEN website: htlp://www.2wglobal.(om VfSSEL VOY RAMP HEIGHT SIN UC MAO HOU« MIA SAV ~laE~ OBF NYC HtW MOt TAPIOU ALSI9 400Toiu 6.3 M 07/09 1 3/10 1 5/10 11//10 20/10 HXAS AFS2S 420T0«s 6.4 M 12/09 10/10 19/10 23/10 28/10 26/10 TAMERLANE AF526 320T0m 6.4 M 28/09 21/10880 words
-
Advertisement1703 2005-09-02 24 VESSEL VOY SIN POU VESSEL VOY StM JKT PAC lANPA 1551W 06/09 06/09 PAC BINTAN 93JS 10/09 13/09 PACIANPA 1552N 07/09 P«/09 JJg gg I^MIZ CSf 2301 0170P 08/09 09/09 PAC lANPA iHI 09/09 09/09 jsuiaj aizif im? im_ '"Si" 1 1 PAC lANPA 1554N 14/0? !0/0?_ ML PACIANPA 1555N1,703 words
-
Advertisement563 2005-09-02 24 1 BSA x MYANMA RDM FIVE STAR LINE (Myanmar National Line) Loading for Yangon VESSEL VOY SIN PKI PEN PGU PAGAN 348W SLD PAGAN 349W SLD IN MALAYSIA: lOUSTEAD SHIPPING AGENCIES KUI/PKL: 03-*****388 PEN: 04-*****1S ACCEPTING CONVENTIONAL CGO VESSEL VOY HKG SIN PGU PKI KUC MARINE STAR 74 SLD SLD563 words
-
-
THE BUSINESS TIMES SHIPPING TIMES
-
8987 2005-09-02 25 CT. .-I 1 Vm« Tctcohone I ETA ETA Adwfeef Verac( Voyage Tetephow ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel T £252I!® SIN Dcsfn Name Nanc Maabtr Number SIM Dtrfn Mm Nmm -1 To AQABA (AQJ) 2023 Jordan To ABIDJAN (ABJ) 20038,987 words
-
-
Page 25 Advertisements
-
Advertisement530 2005-09-02 25 |<iil Taiwan KfeS kee khh txg \Weekly Consol Service/ Fj USA t *jST|| All IPI via LAX/NYC (MLB/AWS) LCL/FCL rates! HUB MARINE PTE LTD BOOKING: *****375/716 MAINLINE: *****866 FAX: *****066 OPR CODE "DZ" CR NO **********0Z MARKETING SALES: KELVIN CHUA: *****535. MELINA LEE: *****187 FT KLANG SPORE YANGON: MP 8f»OBt530 words
-
Advertisement588 2005-09-02 25 FREIGHT LINKS EXPRESS PTE LTD Jlllll? 51 Penjuru Road, 3rd Level, Freight Links Express Logisticentre, Singapore *****3 E-mail: flesin@singnet.com.sq Website:http://www. freightlinks.net ATTRACTIVE RATES TO: BBPIISiIK ALEXANDRIA GENOA KEELUNG KAOHSIUNG nn** 8 LE HAVRE MALTA MAHE MARSEILLE K' "I_J CEBU DAUAN HONG KONG JAKARTA d£ QINGDAO SHANGHAI SURABAYA JHHr pHHHpHj XINGANG588 words
-
Advertisement89 2005-09-02 25 lines EN,K |As Agents CROSSEAST SHIPPING PTI LTD operator code GK CR NO: 778 320? 0000 M Tel 6327 1788 Fax: 6327 1588 *<nof: WBSITI www geniu comjny KUCHNG WEEKLY SAILING KOTA MNABALU, MNTIAJU 10 DATS SAKJNG m Mki4iM M/M iT7W~^mr~^w~mr MEIAKA MKISOCI 30/W 01/10 02/10 05/10 07/10 0 HANGLI89 words
-
Advertisement410 2005-09-02 25 06 08/09 13 14/09 TIGER WAVE 314N 03 04/09 09 11/09 17 18/09 1 ULilUUia TIGER PEARL 315N 06 07/09 13 15/09 20 71/09 1 TIGER SEA 316N 10 11/09 16 18/09 74 25/09 1 ■■■■■TIGER SKY 317N 13 14/09 20 77/09 77 78/09 1 TIGER WAVE 318N 17 18/09410 words
-
-
executive lifestyle
-
Article565 2005-09-02 27 jaime ee - off the cuff jaime ee THERE seems to be an erroneous perception, held by those who watched the taugeh never enough film clips at Prime Minister Lee Hsien Loong's National Day Rally speech, that it was actually a spoof of inconsiderate customers in Singapore. As they565 words
-
Article, Illustration1811 2005-09-02 27 GEOFFREY EU - With at least 10 new wine bars opening up in the past six months, is the business looking up after a lull period? GEOFFREY EU reports GEOFFREY EU IT may seem a tad simplistic now in view of the sophisticated nature of the drinking scene and the sheerSTEPHEN LEONG - 1,811 words
-
-
ARTS/BOOKS
-
Article, Illustration714 2005-09-02 28 PARVATHI NAYAR - PARVATHI NAYAR looks at what's new in Cirque du Soleil's upcoming show PARVATHI NAYAR T'S that fantastical fusion of fabulous costumes, mind-boggling acrobatics and haunting music that has characterised the Cirque du Soleil experience in Singapore. They are coming back next week with Quidam.AL SAEIB - 714 words
-
Article, Illustration715 2005-09-02 28 DONALD URQUHART - S'PORE WRITERS FESTIVAL By DONALD URQUHART BANGKOK bargirl meets expat customer. Customer falls head over heels in love with bargirl who then works to extract as much money as possible from her new admirer. In the process their relationship love for one, business for715 words
-
379 2005-09-02 28 NGIAM YING LAN - By NGIAM YING LAN TEXT and theatre co-exist as two distinctly dissimilar mediums, insofar as the former relies solely on the power of the printed word to work its magic. The latter is considerably more multi-dimensional, as it finds at its mix-and-match disposal379 words
-
Article, Illustration374 2005-09-02 28 NGIAM YING LAN - By NGIAM YING LAN ROADS as übiquitous points of reference and connection in today's transitory urbanscapes that's what BT arts correspondent Parvathi Nayar wants to highlight through her paintings at the upcoming CP Biennale in Jakarta. Painting is a strong and lasting374 words
-
500 2005-09-02 28 AARON LYE - By AARON LYE HOW would things be if Singapore and Malaysia hadn't gone their own ways 40 years ago? That's just one of the topics being tackled by Separation 40. a collaborative work between Singapore's The Necessary Stage (TNS) and Malaysia's Dramalab. The production is500 words
-
-
Page 28 Advertisements
-
Advertisement35 2005-09-02 28 H of Persian, Afghan, Kashmir I Pakistani Hand-made Carpets v Specialising in Agra I and Tribal Carpets JAN ORIENTAL CARPETS Parade -05 S'pore *****5 Tel: 65 *****494 (Previously Tanglin Shopping Center Open daily 10am -Bpm)35 words
-
-
CINEMA
-
Article, Illustration755 2005-09-02 29 GEOFFREY EU - GEOFFREY EU talks to the director and lead of the well-received Korean movie Marathon GEOFFREY EU VER since Korean cinema es- I tablished itself as a major international force with the likes of j* Shiri (1999), Joint Security Ar- ea (2000) and Friend (2001), each755 words
-
Article, Illustration558 2005-09-02 29 PARVATHI NAYAR - By PARVATHI NAYAR WHEN a master driver shifts gear to move to a related track, the results can make for an unusual ride. So it is with director Wes Craven, famous for the Nightmare on Elm Street series and for re-inventing the teen horror movie558 words
-
Article345 2005-09-02 29 PARVATHI NAYAR - By PARVATHI NAYAR DESPITE the danger of scoring high on the Cynicism Meter, the comment must be made: 2005's forays into the movie type called Romantic Comedy have been incredibly cheesy. Take The Perfect Catch, which takes a piquant Nick Hornby novel titled Fever Pitch345 words
-
303 2005-09-02 29 NGIAM YING LAN - By NGIAM YING LAN HERBIE that love bug from the late 60's, has fallen on hard times, at least in its latest Hollywood incarnation. From trophy engine to scrap metal in Crazy Dave's Scrap Salvage, the stage is neatly set for a major comeback303 words
-
-
Page 29 Advertisements
-
Advertisement130 2005-09-02 29 A DIFFERENT KIND OF HOME ENTERTAINMENT SYSTEM hbb^^^BHH^h ~%r*i: H the new 3*2* I and 3*2* IGS Series II DVD home entertainment system from Bose* If you thought home entertainment was too complex, here is something to think about. Proprietary virtual surround sound using only 2 speakers and an Acoustimass®130 words
-
-
Page 29 Miscellaneous
-
Miscellaneous272 2005-09-02 29 CRYPTIC CROSSWORD ParTof America to be bold enough to accept English rule j j j j j' i I i I I 9 A minor highway foreign country (6) I I I I I I I I I 10 Member to move higher hav|H MM Wm 1 Aspect of expert272 words
-
-
DRIVE
-
Article, Illustration1550 2005-09-02 30 CHEAH UI-HOON - CHEAH UI-HOON CHEAH UI-HOON is charmed by the New Zealand outdoors driving from Christchurch to Nelson YOU wonder about picking Christchurch as your holiday destination when your friend describes how she spent one of her days there apple-pick-ing. Not from lush apple trees in an orchard onCHEAH UI-HOON - 1,550 words
-
-
Page 30 Advertisements
-
Advertisement85 2005-09-02 30 Audi Vorsprunq durch Technik /T/r (.333j 10 *-r The shortest breaks between gears ever. The Audi TT 3.2 quattro with DSG MM Intelligent It, insmisstonr. h> 11 f.iylrr f hanks t«> '.tun let rhittnio th« u >i Iv immediacy ol .1 ;;m tn.iiMi.il with .ill tin? convenience w''*- tjaj timer.,85 words
-