The Business Times, 16 September 2005

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Total Pages: 32
1 32 The Business Times
  • 17 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://biisiness-times.asia 1 .com.sg MICA (P) 089/03/2005 Friday; September 16,2005
    17 words
  • 696 1  -  Developer may be small, but has skills to execute projects over $1b: observers By KALPANA RASHIWALA [SINGAPORE] Boutique developer SC Global, which has a market cap of just $150 million, is said to be the mystery company that triggered the release of the
    696 words
  • 839 1  -  Northwest Delta hit by soaring fuel costs, Katrina By ANDREW MARKS in New York BUCKLING under the enormous pressures of soaring oil prices and the dislocations caused by Hurricane Katrina, two major American airlines have sought court protection from their creditors. Northwest
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  • 132 1 sn 2317.67 (4432). ST INDEX FUTURES 2319.00 (+4.00) SNMSO 274.76 (+0.34) SIMSCI FUTURES ***** (-0.40) MARKETS Thursday Chang* KLSECOMP 91M5 «4tl NIKKEI 225 12.9H.7j >***** HANG SENG 15,041.02 -45.60 SET INDEX 711 JO -157 JAKARTA COMP 1,050.91 -7.72 MANILA COMP 1,903.09 -11.65 SEOULCOMP 1,169.59 -1.18 SHENZHEN B 232.79
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  • Page 1 Advertisements

  • TOP STORIES
    • 757 2 Krishnan, Syed Mokhtar most charitable M'sians T ANANDA Krishnan—recently dubbed South-east Asia's second-richest man by Forbes magazine and Syed Mokhtar Al-Bukhary have been Malaysia's most charitable people in the past two years, donating a total of RM2B7 million (Ssl2B million), according to Malaysian Business magazine. Mr Krishnan gave
      757 words
    • 402 2  -  He's said to be joining Genting and Universal in his personal capacity By ALEXANDRA HO, DANIEL BUENAS [SINGAPORE] Singapore businessman Ong Beng Seng is joining Genting International and theme park operator Universal Studios in their bid for the Sentosa integrated
      FILE PHOTO  -  402 words
    • 325 2 Researchers warn of potential security risks from acoustic snooping Reuters [SAN FRANCISCO] Forget about watching Big Brother may be listening. Sounds from typing on computer keyboards are distinctive enough to be decoded, allowing security breaches caused by "acoustic snooping", University of California, Berkeley
      Reuters  -  325 words
    • 330 4  -  They gave a total of RM287m in the past two years By S JAYASANKARAN in Kuala Lumpur TWO tycoons have been Malaysia's most charitable people in the past two years, donating a total of RM2B7 million (Ssl2B million), according to Malaysian Business magazine. The
      330 words
    • 732 4 NEWS ANALYSIS Many are fed up over US airlines' frequent landings in bankruptcy courts NYT AIR travellers reacted to Wednesday's bankruptcy filings by Delta Air Lines and Northwest Airlines the same way they greeted earlier decisions by United Airlines and US Airways to seek Chapter 11
      NYT  -  732 words
  • Page 2 Advertisements
    • 45 2 Six-Party Talks v AJi 1 1 11 11 Jr r\i i BALACLAVA WALA WALA BAR I (::t r j V 'J lJ r V '/rfv* lis3) BALACLAVA M L 1 Raffles Boulevard, 31 Lorong Mambong, Suntec Singapore, #01-0 IB llollaiul Village, Singapore *****3 Singapore *****9
      45 words
    • 50 2 iropK Access to BT Online is free after 6pm each day. But S'nt subscribers can access wmaummin. 1 »i SECMTV Ot tiMS Bd£t" tomorrow DcmsMEssifeß j AskforyouraxnplimefTtarycopyofßTatarySPC HMV^Q TT7AA IT AH H petrol station on Saturday if you make a minimum VVCCIVCIIU purchase of $30. Offer good while stocks last
      50 words

  • Page 3 Advertisements
    • 217 3 V :-r\ rt r C*i i -ft, $> 1- /&?£*&?s 4 'J& V» ?'4* Wi *»X /'VTr. ME 3 &»;<:•£-»• '>■-*' v!»f p£ %f «t$ C 5 f I -vf v r^j^-'; t -S '?-4s r "'i V"'-t®Ssj6 ',w 4 7* "•> v" t jfr }J''' V > r J
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  • Page 4 Advertisements
    • 162 4 *.>,%-■«** ;>/' v~l ■V w- .V-'. ff v I Hi «S fbfe V'i'3' v ?1 ■t- *-V /4m t^- -.'V, i lj r iii s«rr < "~T^—. j? gggr —-I ■*> ~.,»y.A K ttfe M*" mm JiißfljWi liar Bp I fiKSi 3T WiM"- v- 1 r s j r— r
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    • 117 4 Bezel, The Watch Collectors' Guild presents. The Singapore International Watch Auction (SIWA). There will be over 200 lots of fine timepieces presented. Auction Venue: Grand Hyatt, Intern* Singapore lnt Tfrr, Hibiscus Room 1Q ScMM Road 1005 Singapore *****1 Data lima: 26 September*2oos, 4 l Sunday BEZEL Registration starts «tllam Auction
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  • Page 5 Advertisements
    • 196 5 Advertisement 1 iAIaVavAI w A l I I A l a m A l 1 lllBlli l 1 I I i 1" J IL IH B*1"J 111 L"J 11 L*J irii*iL?>Tr* 1 iT-lkM-'^I.iMir^*T^T^^^BBBB»^M;EI^^^&• Mir «pft| jpyflEyt l|yagiyy ■':^^^m^:-P^fr^'^ '-r- „v&s tiffciipiggg'^; yifl Irichoderm I hr f l.ii! C oll.KjcMi 11(Mtmrnt
      196 words

  • COMPANY NEWS
    • 472 6  -  Pricing for its maiden bond issue tightest ever achieved globally By LESLIE YEE THE excess demand that led to Temasek Holdings successfully launching a maiden US$l.75 billion bond issue from an initial targeted US$l billion has put it on an even better footing to
      472 words
    • 337 6  -  By MICHELLE QUAH JARDINE Cycle Carriage has been granted an extension to file its third-quarter results, because of the added accounting work involved in consolidating a new subsidiary's results for the first time. The Singapore Exchange (SGX) is giving Jardine C&C
      BLOOMBERG  -  337 words
    • 113 6 FINANCIAL players in Singapore and Thailand can look forward to further tapping each other's market following several initiatives to better bilateral cooperation in the regional capital market. The two countries will work to establish crossborder trading of collective investment funds, mutual recognition
      113 words
    • 670 6  -  HOCK LOCK SIEW By ANGELA TAN AS RIVAL telco Star Hub continues to build on its strong position as the country's sole cable television operator by delivering unique content to its mobile and broadband users, it is not surprising that Singapore Telecom is
      670 words
    • 594 8  -  CORPORATE WOES Former employees of Citiraya's customers accused of taking bribes from its former execs By WONG WEI KONG FOUR men charged over the corruption scandal at electronics waste recycler Citiraya pleaded guilty yesterday to taking bribes from its former top executives. Sentencing for
      594 words
    • 351 8  -  By MICHELLE QUAH TROUBLE-PLAGUED China Aviation Oil (CAO) has reiterated its bold commitment to have its shares trading again in 3-6 months. CAO's special task force head Gu Yanfei who pinned down that ambitious target last week said yesterday that restructuring efforts
      351 words
    • 399 8  -  By MATTHEW PHAN SHARES of industrial hardware supplier Sin Soon Huat shot up 68 per cent to 23.5 cents yesterday following news that three board members of Indone-sia-based PT Citra Turbindo had acquired a 29.1 per cent stake in the company.
      399 words
    • 3788 8 UNIT TRUSTS FUNDS MHnaMtw *****® AM Aan Aaal Mfl (S'pore) Sfctftad/V? Star Europe Eqty'" 085* CW/WilntaiueU* 1X772****** S&r Europe Bond 1.26* Star EuapeBal 1.171/ amond S'pore A/$ U931 Star Asian Tiger Eqty 1X161/ CMBond Spore 8/1 1J44 Star Asia Bond ,.Z!Z 1336/ a# MoneySGO Oa« A ***** Star Asia Bafcrad
      3,788 words
    • 573 9 REGIONAL PROPERTY Trust to have assets worth US$500m by the time it sells shares to public Bloomberg CAPITALAND Ltd, South-, east Asia's biggest developer, may set up Asia's first regional real estate investment trust as office rents rebound in cities including Singapore
      Bloomberg  -  573 words
    • 379 9  -  By ARTHUR SIM, UMA SHANKARI MAPLETREE Investments will develop its first industrial park outside Singapore in Vietnam. Worth US$lOO million, the 56 ha development will be part of the larger 342 ha Vietnam Singapore Industrial Park (VSIP) II by SembCorp Park Holdings and Vietnambased
      379 words
    • 214 9 AVIONICS components supplier A-Sonic Aerospace is buying up the business of aerospace software solutions provider Asprecise Pte Ltd for $2.6 million. Under a specially structured takeover deal, A-Son-ic will own 56 per cent of a new company (newco) into which the assets and business of
      214 words
    • COMPANY BRIEFS
      • 69 9 PUBLISHING group Sun Business Network said yesterday that it is in an advanced stage of negotiation to sell certain business assets to Nasdaq-listed SE Global Equities Corp and that the appropriate announcements will be made when an agreement has been reached. Sun made the
        69 words
      • 46 9 BOUTIQUE property developer Soilbuild Group will launch a 32-unit freehold development this weekend. Called Cliften, the 18-storey development is located in District 10 and features three and four-bedroom units ranging from 1.066 to 2.260 sq ft. Prices start at $686 per square foot.
        46 words
      • 58 9 OCBC Investment Research has become a wholly owned subsidiary of OCBC Bank after it was transferred from one OCBC unit Specialists' Services (Pte) Ltd to another, Orient Holdings. Specialists' is 66.7 per cent owned by OCBC and its subsidiaries while Orient is wholly owned by
        58 words
      • 66 9 IPC Corp, a former personal computer maker that has gone into the Chinese education sector, said yesterday that it has struck a cooperation agreement with China's ZhongSheng Investment Holdings to set up a network of high schools in China. Feasibility studies will first be
        66 words
    • 368 9  -  By OH BOON PING FIRSTLINK Investments, which is trying to fight off attempts by Putra Pacific Holdings and a Olivia Then to remove its executive chairman, yesterday rejected their call for an extraordinary general meeting, claiming they were not shareholders. First
      368 words
    • 301 9 FOR the times when the luxury of a run-of-the-mill suite at Raffles is not quite enough, Raffles International and American Express yesterday launched their exclusive range of Centurion Suites. The suites will be present in eight Raffles hotels and resorts at seven
      301 words
  • Page 6 Advertisements
    • 1410 6 CagjtaMall Trust (Constituted in the Republic of Singapore pursuant to a trust deed dated 29 October 2001 (as amended)) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an EXTRAORDINARY GENERAL MEETING of Capita Mall Trust ("CMT") will be held at 168 Robinson Road, Capital Tower, Level 9, STI
      1,410 words
    • 26 6 Stay at The Empire Hotel from RBA Golf Club. The Empire Hotel Country Club Golf Course, The Jerudong Park Country Club Golf Course ir* r i
      26 words
    • 10 6 Head to joboppOfSntoes! ifi I Buy It MR.FM It I
      10 words

  • Page 7 Advertisements
    • 204 7 I CdMRY Success in Motion It's like success. You can't appreciate it Luxurious interior with leather seats LED combination lamps until you've got it. j a new machine elevate you to a class of your own. The Camry with legendary VVT-i engineering that boosts performance while reducing fuel Dual front
      204 words


  • Page 9 Advertisements
    • 395 9 TnEx(;e|in ■Eifst kftfctoJK I V w 9 CERTIFICATE IN APPLIED BUSINESS PSYCHOLOGY Principles of Psychology I COURSE FEE Introduction to Occupational Psychology CAA Employee Development Skills —f l w SPECIALIST DIPLOMA IN iii APPLIED BUSINESS PSYCHOLOGY Elements of Applied Business Psychology f Leadership and Managerial Psychology XJo r Emotional Motivation
      395 words

  • SINGAPORE MARKETS
    • 517 10  -  STOCKS Oil and gas, Indon-linked stocks in play as STI trades in narrow band R SIVANITHY Senior Correspondent IN an environment where traders are worried about the financial consequences of rising oil prices, it would be logical to expect timing and stock picking skills to be
      Source: Bloomberg  -  517 words
    • 499 10  -  TRADES TO WATCH Compiled by Nande Khin ACE Dynamics' directors continued to boost their holdings of the industrial equipment and hardware distributor's shares this week. Chairman and chief executive Steven Tham had his deemed stake raised to 14.54 per cent (20.35 million shares) from
      499 words
    • Article, Illustration
      415 10 OTHER SINGAPORE INDICES Sep 15 VALUE CLOSE BT OB/OS 32.00 +27.00 BT CADI -*****.00 +118.00 BT 10-day MA -*****.00 +3.00 Atl-SG Equities 593.21 +1.38 SG Equities Elect 138.37 +0.36 SG Equities Hn 1662.32 +2.38 SG Equities Prop 685.13 +5.66 SIMSCI 274.76 +0.34 SiMSCI Futures 274.30 -0.40 MOST ACTIVE STOCKS VOLUME
      415 words
    • Article, Illustration
      967 10  -  Compiled by UMA SHANKARI United Envirotech Sept IS dose: 38.5 cents CIMB-GK RESEARCH; Sept 15 UNITED Envirotech has secured a $14.5 million transfer-operate-transfer (TOT) plant to treat domestic wastewater for discharge into nearby rivers in Xintai City, Shandong province, for 30 years. This plant is made up of two
      Source: Bloomberg  -  967 words
    • 517 10  -  CURRENCIES LARRY WEE Senior Correspondent EUROPEAN favourites continued to languish badly against the US dollar yesterday, even as the Chinese yuan hit its strongest levels against the latter since it was depegged on July 21. The euro was forced south of ow- key
      Source: Reuters  -  517 words

  • SINGAPORE NEWS
    • 444 11  -  One is for boosting Newater; the other, for improving treatment process By CHEN HUIFEN THE Public Utilities Board has awarded to the private sector two projects which will boost Singapore's water supply and improve treatment processes. The first is a $7.4 million contract
      444 words
    • 165 11 THE Singapore Land Authority has offered a total compensation of $17 million to the 35 owners of units in Hock Kee House, a five-storey residential and office building in Paya Lebar. The building, acquired to make way for the construction of the Circle Line, has a
      165 words
    • 361 11 SINGAPORE has an excellent quality of life and remains globally competitive, but it needs to develop creativity, openness and talent, according to a panel of analysts and executives. The panel which included executives from the finance, IT and oil industries was speaking
      361 words
    • 260 11 THE Singapore shopaholic continued to keep busy in July. Compared to a year ago, the overall retail index rose a healthy 10.7 per cent, according to statistics released yesterday by the Department of Statistics. Even with the exclusion of a big-ticket item such as
      260 words
    • 376 11  -  By MATTHEW PHAN SINGAPORE'S largest exhibition hall is now even larger. With an eye to "total flexibility", the Singapore Expo yesterday expanded by some 66 per cent when four more halls of 10,000 square metres efich were added to the existing six halls, giving
      376 words
    • 122 11 DTZ Debenham Tie Leung executive chairman Edmund Tie (fourth from left), with guest of honour President S R Nathan and other directors, raises a toast at the 10th anniversary celebration of DTZ South-East Asia and fund-raising event to benefit The Arts House. DTZ was founded
      YEN MENG JIIN  -  122 words
  • Page 11 Advertisements
    • 1582 11 a r g ,A<\ THE COMPANIES ACT, CAP. 50 KAIMARINE OFFSHORE PTE LTD (li Vol. Liquidation) Co. Ro«- No. ***** MMD NOTICE IS HEREBY GIVEN that the creditors of the above-named Company which is being voluntarily wound up are required on or before the 18 th day of October, 2005
      1,582 words
    • 643 11 IN THE MATTER OF THE COMPANIES ACT, CAP. 50. AND IN THE MATTER OF TRIATON ASIA PTE LTD (In M«mber»' Voluntary Liquidation) Co Rag No; *****8691H NOTICE OF RESOLUTIONS At on Extroordinory General Moating of the Company hold at 43 8A Alexandra Road, Alexandra Technopark, #02-12 Legal Dept. Singapore *****7
      643 words

  • ECONOMY WATCH
    • 336 12 LATEST US DATA Reuters [WASHINGTON] US consumer prices jumped 0.5 per cent last month as petrol prices soared, but costs outside of energy barely budged, the government said yesterday in a report largely unaffected by Hurricane Katrina. A separate report, however, offered a
      Reuters  -  336 words
    • 2285 12 vol General Corp .0.41 0.01 49 Sep 15 C000) Genting ....19.60 unth 200 George Kent 0.99 unch 65 ASM Realty 1.43 unch 3 GHL Systems .0.12 0.01 345 Abrx .0.34 0.01 7 Globetronics Tech 0.36 0.01 565 ACP Industries .0.62 0.02 13 GlomacBhd 1.32 0.02 121 Advance Synergy
      2,285 words
    • 282 12 'Abnormal capital flows' raising concern of yuan speculation Reuters [BEIJING] China is stepping up curbs on unusual inflows of capital, the official China Securities Journal said yesterday, signalling official concerns about persistent speculation on the yuan after July's landmark revaluation. "Foreign exchange authorities
      Reuters; LUDWIG ILIO/ST  -  282 words
    • 415 12 They won't impose 'tablets of stone'on rest of the world AFP [WASHINGTON! The US and Europe vowed to work in harness to break the stalemate at WTO talks, but insisted they would not impose "tablets of stone" on the rest of
      AFP  -  415 words
    • 312 12 AFP [MANILA] The risks in doing business in the Philippines are rising, leading to a sharp drop in foreign direct investment (FDI) in the South-east Asian country, according to an Asian Development Bank study. Rising fiscal deficits, the increasing influence of
      AFP  -  312 words
  • Page 12 Advertisements
    • 35 12 InHia IQ hnniTlinn Introducing The Business Times-NTU Annual lliuia lO UUUII 111 ly j Competitiveness Ranking for 35 Indian states and union territories do business? India Conference Wednesday 19 October, 9am The Ritz Carlton Ballroom
      35 words

  • MALAYSIA
    • 323 13  -  Diplomats in KL cite EU's refusal to grant visa to Myanmar's rep By S JAYASANKARAN in Kuala Lumpur ECONOMIC ministers from the region have decided not to take part in an Asia-Eu-rope Meeting (Asem) on economic and trade matters, which starts on Saturday in
      AFP  -  323 words
    • 454 13  -  By PAULINE NG in Kuala Lumpur THE government cannot afford to stop the process of privatisation as it has brought "the best benefits" to the country, according to Malaysian Works Minister S Samy Vellu. His comments came amid public disquiet over failed privatisation projects that had
      454 words
  • Page 13 Advertisements
    • 165 13 j jr o/l Bankers know value when they see it I hnvo |tist ***** buck fiom I)! Vin Dnlvoy Rond nnd I onn toll you Iho Miujlo bodroom studios mo fn( ou■ yin tlk? bunk il you will oxcuso my L'iihiu.k)o fhis is no oidin.ny dovolopmont it's voiy nioho, vory
      165 words

  • GREATER CHINA/INDIA
    • 462 14 Country's laws, graduate pool and research institutes cited as pluses Reuters '[TOKYO] India's booming technology and telecoms industries will see more investment coming their way from Asian companies such as Flextronics and Kyocera as they tap Asia's thirdlargest economy for
      Reuters  -  462 words
    • 360 14 Bloomberg [SAN FRANCISCO] Google Inc, the most-used Internet search engine, may expand its business in China and purchase faster computers to support new services after the company raised US$4.lB billion in a stock sale. Chief executive Eric Schmidt and founder Sergey Brin
      Bloomberg  -  360 words
    • 264 14 Timing of HK listing depends on market conditions: official Reuters [SHANGHAI] China's Minsheng Banking Corp will consider attracting a strategic foreign investor as part of its reform plans, a senior executive was quoted as saying by state media yesterday. Bank ivice-chairman Zhang Hoogwei added
      Reuters  -  264 words
    • NOTE BOOK
      • 72 14 Reuters [KUALA LUMPUR] Malaysia's markets watchdog announced relaxed investment rules yesterday, allowing local investors to buy foreign-listed securities and foreign companies to sell shares in the domestic market. The new rules, which also free up some restrictions on domestic trade in foreign-currency bonds, follow a relaxation
        Reuters  -  72 words
      • 104 14 AFP [KUALA LUMPUR] Malaysian utility giant Tenaga Nasional said yesterday that it is struggling with billions of dollars in debt amidst growing pressure over costs sparked by spiralling fuel prices. Che Khalib Mohamad Noh, chief executive of the state-controlled power company, said that the RM30.5
        AFP  -  104 words
      • 97 14 Reuters [JAKARTA] Indonesia will next week file formal charges against three former officials of Bank Mandiri, the country's largest lender, as part of a high profile graft investigation, a government spokesman said yesterday. Former PT Bank Mandiri Tbk chief executive Edward Neloe and two former
        Reuters  -  97 words
      • 120 14 Reuters [HONG KONG] Developer Cheung Kong (Holdings) Ltd wants to spin off Hong Kong office buildings into a property trust, newspapers reported yesterday. The Ming Pao Daily reported that the offices could be packaged into a new real estate investment trust to be listed
        Reuters  -  120 words
      • 72 14 Reuters [MUMBAIJ India's Tata Tea Ltd is close to acquiring US specialty tea brand Good Garth in a deal worth just under US$lOO million, the Times of India newspaper reported yesterday. The world's second-largest branded tea company will buy Good Earth, which sells herbal,
        Reuters  -  72 words
      • 73 14 Bloomberg [KUALA LUMPUR] Haze from forest fires in Indonesia's Sumatra reached unhealthy levels in Malaysia's biggest port and in Kuala Selangor, a town outside the capital Kuala Lumpur, the Department of Environment said. The air-pollution index reached 102 at Port Klang as
        Bloomberg  -  73 words
    • 340 14 AP [BEUING] China's largest oil and gas company, PetroChina, says it plans to spend up to 100 billion yuan (5520.7 billion) to expand its network of oil and gas pipelines over the next five years to meet soaring demand. Much
      AP  -  340 words
  • Page 14 Advertisements
    • 312 14 Mm Diners Club Card 7.^^*****980 D__ A World of Exclusive Privilege* Treat* Diners Club mmp wunajmerm.com.ao lmematwnai Smgapore Hehiage Fare Get a taste of our Singapore Heritage Fare a buffet that's truly Singaporean and reminisce of heritage cuisine. Savour nostalgic favourites Bke Halnanese Chicken Hoe Bal, Devi's Cuny, Laksa. Muah
      312 words
    • 38 14 MERITUS MANDARIN SINGAPORE CANTONESE CLASSICS Reservations: Hr 6831 6262/66 BUI Mr MHRUUJ MANDARIN IlltlUl A division at OwrMH Union D Hani b« Limited (Company Registration N0.19M*****8 333 Orchard Road, Singapore *****7. Tel:+6s 6737 4411. Fax: +65 6732 2361.
      38 words

  • ASIA-PACIFIC/WORLD
    • 409 15 Although unhappy with service abroad, cutting costs is still priority Reuters [LONDON] Although many financial firms are unhappy with the service they get in overseas work centres, more financial companies around the world expect to send work abroad to cut costs over the next few years,
      Reuters; FILE PHOTO  -  409 words
    • 229 15 Bloomberg [LONDON] Shares of Time Warner Inc, the world's largest media company, rose in European trading yesterday after the New York Post said the company is in talks to sell a stake in America Online (AOL) to Microsoft Corp. Microsoft —the world's biggest
      Bloomberg  -  229 words
    • 317 15 Bloomberg Reuters [BANGKOK] A fight for ownership of Thailand's most respected newspaper, the Bangkok Post, heated up yesterday as its publisher countered a takeover by offering shareholders market price for their stakes. Meanwhile, critics are urging a boycott of the music giant which
      Bloomberg; Reuters  -  317 words
    • WORLD WATCH
      • 77 15 Reuters [MANAMA] Central bankers of the Gulf Arab region have agreed on terms for a regional currency union that they hope will one day be like the euro zone, Bahrain's central bank governor said on Wednesday. Until now, the six Gulf Arab states
        Reuters  -  77 words
      • 87 15 Reuters [TEHRAN] Iran is ready to share its nuclear technology with other Islamic countries, President Mahmoud Ahmadinejad was quoted as saying yesterday. "The Islamic Republic never seeks weapons of mass destruction and with respect to the needs of Islamic countries, we are ready to transfer
        Reuters  -  87 words
      • 82 15 Bloomberg [LOS ANGELES] Sun Microsystems Inc, whose server computers run corporate networks, said Dow Jones Co's Wall Street Journal won't run advertisements critical of rival Dell Inc. A page on Sun's website says "censored" in red letters on a story about Sun Server
        Bloomberg  -  82 words
      • 43 15 Bloomberg [BANGKOK] PTT Pel, Thailand's only member of the Fortune 500, scrapped a planned merger of its wholly owned Rayong Refinery Co with Chevron Corp's Thai unit after a disagreement about listing, PTT president Prasert Bunsumpun said.
        Bloomberg  -  43 words
  • Page 15 Advertisements
    • 138 15 www.grandvitara.com.sg Sleek lines. Bold contours. The new-generation Grand Vitara has a commanding presence. The aura it exudes from its exterior carries on to the cabin. The sporty and stylish design accentuates the refined and spacious interior. With the longest wheelbase in its class and the new fully independent suspension, you
      138 words

  • AVIATION
    • 686 16 It is looking at fuel-efficient jets like Boeing's 787, Airbus'A350: CEO Bloomberg [SINGAPORE] Singapore Airlines Ltd (SIA), operator of the youngest fleet among full-service carriers, said it plans to pick from the latest, fuel-efficient models of Airbus's AS and Boeing Co by
      Bloomberg  -  686 words
    • 648 16 Some hedge, others bank on price drop, most levy surcharge Reuters [SINGAPORE] Asian airlines are taking sharply different strategies to mitigate the risk of rising fuel costs, as some increase their hedging on fears oil will keep surging while others pray for a
      Reuters; BLOOMBERG  -  648 words
    • 228 16 Bloomberg [BANGKOK] Thai Airways International pel said it may report an operating profit of about seven billion baht (*****.6 million) in die year ending September 2005, The airline's earnings may recover "due to increased profitability from passenger traffic and fuel
      Bloomberg  -  228 words
    • 229 16 AP [NEW DELHI] An Indian royal is banking on his heritage to fill seats in his latest venture a luxury domestic airline that will even have a separate cabin for servants. Srikanta Datta Narasimharaja Wodeyar is still deciding whether to call his new
      AP  -  229 words
    • 200 16 Reuters [AMSTERDAM] European low-cost airline Ryanair said yesterday it was not changing its profit forecast despite rising fuel costs, saying it still expected to post a 10 per cent rise in full-year earnings. "We see no reason to change our guidance, nor would we
      Reuters  -  200 words
    • 988 16 fa* 1 1! Ill Cab* QJ639 0640 MI588 0840 GA82j 1020 S£156 100 1 SQ«S Ojii Jut! 0735 SB UL2348 1650 OC735 1855 S Q669 1i» 1<20 SQ468 2240 Utmmia KA413 0840 RA414 0950 jfbt—d P6S03 itt) PG504 2010 «g»i« sn KmU I —pur MH609 0010
      988 words
  • Page 16 Advertisements
    • 1401 16 1 J 11 11 1 In the McMer of The Companie* Ad, Cap. 50 And In Ihe Mailer of AMPAROK HOLDINGS (PTE) LTD (Company No. *****2886G) (In Members' Voluntary liquidation) At the Extraordinary General Meeting of the obayenomed company duty convened and held at 1 Persiaran Bandar Utoma, Bandar Utama
      1,401 words

  • SHIPPING
    • 664 17  -  First phase of work to expand port capacity will be completed then By GEORGE JOSEPH [SINGAPORE] In a matter of three years India's exports will be able to go straight to their destination without having to be transshipped through regional ports,
      664 words
    • 205 17  -  By DONALD URQUHART [SINGAPORE] Mainboardlisted Portek International has secured new global orders worth $19.2 million, including the company's first entry into the European market. The Singapore port equipment, services and terminal operating company announced yesterday it had secured orders for the sale and delivery
      205 words
    • 94 17 Reuters [HONG KONGJ State-owned Chinese container shipping major China Cosco Holdings Ltd said yesterday its first-half earnings rose 42 per cent as freight rates remained strong and contributions from its terminal unit Coscp Pacific jumped on asset sales. The container line, posting its
      Reuters  -  94 words
    • 298 17 SGX '000 S«p IS SS *1- Vol CH Offshore .0.41 undi 1758 Chuan Hup .0.89 undi 2226 Cosco Corporation 2.58 -0.01 1644 CWT Distnbution ...0.75 unch 18 Ezra Hldgs 1.47 -0 02 1635 Freight Links 0 08 0.01 3676 Grand Banks Yacht 0.93 unch S Jaya Holdings 1-29
      298 words
    • 1025 17  -  ADMIRALTY CASEBOOK By SELVA KUMAR THE Singapore High Court last week threw out a bid by the owner of the crane barge Antara Koh B8 to limit its liability from the toppling of its crane on Feb 15, 2003, which resulted
      1,025 words
    • 286 17 Double-digit growth expected for next year: CEO Reuters (TANJUNG PELEPAS, Malaysia] Malaysia's Port of Tanjung Pelepas, a key rival to neighbouring Singapore's PSA International port, expects container throughput to jump more than 25 per cent this year thanks to a boom in global
      Reuters; FILE PHOTO  -  286 words
  • Page 17 Advertisements
    • 1004 17 rnxmamm NOTICE OF ANNUAL GENERAL MEETING TAT SENG PACKAGING GROUP LTD. (Incorporated in the Republic of Singapore) Company Registration Number *****2806 M NOTICE IS HBtEBY GIVEN that the Annual General Meeting of the Company will be held at 28 Senoko Drive, Singapore *****4 on 4 October 2005 at 10.00 a.m.
      1,004 words

  • EDITORIAL & OPINION
    • 526 18 EDITORIAL THE World Bank's latest ranking of the "easiest" places to do business in contains no real surprises. Other than the Baltic states Lithuania, Estonia and Latvia perhaps, the top 30 league is filled with the usual suspects predominantly OECD countries, and other high-income economies such as
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    • 810 18  -  THE BOTTOM LINE NEIL BEHRMANN London Correspondent THE release of oil from American and other national strategic stockpiles has pulled prices back from their historic highs. It has also discouraged speculation, but the big question is whether it will put an
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    • 1047 18  -  Opec urged to be transparent on its members' oil reserves and their plans to develop them By GEORGE JAHN FACT: The world will some day start running out of oil. Up for debate: When? In months, years or decades?
      AP  -  1,047 words
    • 138 19  -  Denis Distant Singapore I REFER to the letter, "Ban contra trading to remove false market" (BT, Sept 15). If implemented, it would cause SGX to lose its uniqueness as the only bourse among the leading ones of the world that offers contra trading. And removal of
      138 words
    • 173 19  -  Jimmy Ho Singapore I REFER to the letter, "Ban contra trading to remove false market", by Mr PH Tay (BT, Sept 15). It was most unfortunate that Mr Tay had to leave the stockbroking industry in the face of dwindling commissions. There has been, however, no mass
      173 words
    • 160 19  -  LETTERS TO THE EDITOR Ganesh Pillai Singapore I READ with interest Teh Hooi Ling's article, "Warrants sucking the life out of small cap stocks" (BT, Sept 14), on the surge in trading of covered warrants. She reported that an SGX spokeswoman had disagreed with
      ST FILE PHOTO  -  160 words
    • 246 19  -  Wilfred Ng Cheng Aik Singapore LET me share with you some of my experiences in trading covered warrants. From what I understand, some so-called covered warrants are not really covered at all. In other words, the issuing banks do not have any of the underlying shares
      246 words
    • 203 19  -  Tan Kok Tim Singapore I REFER to the article "Breakaway group opposes move for cash payment" (BT, Sept 14). If Raffles Town Club (RTC) were to close, would the buildings and the assets it owns disappear into thin air?
      203 words
    • 646 19  -  Something's wrong when hair oil accounts for 10% of output growth By ANDY MUKHERJEE Bloomberg INDIA is undergoing a hair-care revolution because Indians are lubricating their scalps like never before with hair oil. If you believe that, then maybe you should consider production of pens in the
      Bloomberg  -  646 words

  • Page 19 Advertisements
    • 1229 19 Singapura Finance Ltd (Incorporated in the Republic of Singapore) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN THAT THE THIRTY-SIXTH ANNUAL GENERAL MEETING of the Company will be held at 391 A Orchard Road, Tower A #26-00, Ngee Ann City, Singapore *****3, on Wednesday, 12 October 2005 at 11.00
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    • 686 19 IN THE MATTER OF THE COMPANIES ACT (CAP. 50.1994 ED) AND IN THE MATTER OF GRANITE RESOURCES PTE LTD (Company Registration No. *****1105R) (In Creditors' Voluntary Liquidation) NOTICE OF RESOLUTION At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 16 Raffles Quay,
      686 words

  • 10209 20 SGX MAINBOARD 52-Wk Td Lot Vol Day La(t Quota Gcttv Mr QrTU Mat MCh High law Coda Company Sale W- fOOO) Ugh Low Ima Mhf Cw Kt iU 10 2 5716 1st Software Sc J unch 42S9 3 5 3 3 3 5 12.1 28 5 8 5
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  • Page 20 Advertisements
    • 127 20 1 Trade I fS equity t *11 eemmission iree* jflr wk- (r,-„iirvj cf! .it.<•. ,v> ~i t Why would you trade Contracts for Differences (CFDs)? fi ill illk 11, n ii' ii I' I 1111[ •< 'f t-1r i 1 t■ 1 i '''it ,t |i,, it ,im .i' i,
      127 words

  • 6322 21 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES kMan I" Si taUSS dy %yi %&t r <*r *y» S«pw Wg O«no« Chang* Onng» Og|» ggg Ogg Wtold Indo Pietminary 9174 03 7j6 QUO 7.1 03 4l2 I tAHMMnmy g78J 03 13.7 03 85 05 5.6 Europe Piefcninay 1207J) 03 14j0 03
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  • Page 22 Advertisements
    • 1011 22 jfep 8b w' i I 11 ugimii m m!llSMs3£ 1&k v i iji *s 1 /g\ MYK GROUP SOUTH ASIA PTE LTD \i' vrmfr vc tel 6295 0123 V—n—i XV JllLiimk xpbxg] M 311 LINE Fax:*****Bs6(Recordsates)/*****109(0P5)/6299 5785(Documentation) NIPPON YUSEN KAISHA TOKYO OMKU KASHA, IJO. (C/R NO: **********0E) i®^lESllfl/iS!j^^ IMMBWHI (fJULin*
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    • 791 22 hmmmowußwa I VBsa/yonr i mwqtq I mowing wc xoj La sm jrr STRAITS VBfTUKE 19/05 1$ 3.2 IS/09 U/M 22/09 25/09 27/09 STttflS VBCTUK 20/05 IS 3.2 30/09 02/10 06/10 09/10 11/10 i STOUTS VBmtK 21/05 IS 3.2 13/10 14/10 20/10 23/10 75/10 vßsa/voT I uwfom 1 tcGwrgol 10 |L
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  • Page 23 Advertisements
    • 1173 23 www.hombufßsud.tom I ASIA SHVKI SUMO ICTOtT) ASIA SBVKI SUMOI (PPOtT) Vwwl/y»w» sBsAPOM HUMAN SOTHOA SANTOS IPUAI MMNA6UA mdfflw, MHi —OOtfllflff ""T o Commodore 015W 21/W 02/10 12/10 13/10 IS/10 14/10 IaTk(JmsSOIW 17fl»WWWWWWWW Alan Sinaaport 504W 20/09 09/10 10/10 20/10 22/10 23/10 SatfiMrtaStlW 24/09 17/10 10/10 21/11 23/10 Cap loners* 504W
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    • 1076 23 <Bsa wr_ ji_ _*r_ _h*£_ jqjh_ _ic_ jrm_ _ws_ vssa hoy sm jkt sui hk6 usw wis HY TOMBS 10IS W9 17/9 Vfl 24/9 MW W IWCSWGtfOK 51C li/f 21/9 22/9 27/» 1/10 2/10 HTjgg IMS 22/9 24A 29/9 1/10 3/11 5/10 S/10 KMTC JAKAITA 513S 2V» 21/f 29/9 4/10
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    • 785 23 m 13(335&x WEEKLY EXPRESS SAILING SCHEDULE *180 ACCEPTING TO ALL NORTHERN AMD WESTERN ICD POINTS VBSB I VOT ISM MONO COUMWO N. SHIVA COtOMO na= m tt jtz dot =h= H( QUEST Oiaw 2tSg HliStM gMjgJMg t**™ "on oton also icanm fa id cdom, tutkobn tvu cdumoi and iandu t
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  • Page 24 Advertisements
    • 602 24 IAXA# WALLENIUS WILHELMSEN website: http://www.2wglobal.com IK MAO HOW MIA SAV lAL Otf NTC KW MOO TAMERLANE AE524 3201 mm MM I 21/09 21/10 30/10 03/11 07/11 OS/11 TAIKO Af527 4201 m 6.4 M I 04/10 30/10 01/11 12/11 17/111 IS/11 TAUIOT AP552 ***** m |MM 13/10 09/11 11/11 22/11 25/11
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    • 1326 24 vtssa yor m wm vcsa vgr sm jot CSH3QI >iyy iyoCZ W* »<;mj -W&— 12fl SBfi Mm H7ttZ ii/w flij —n4S— Of 1301 0174f 17/00 11/00 WCMU 4104 I If/W Hewn* um um 17/09 mwm um lizct iim_ mmwt in i uum -8K& 885 8$ 8£- ig— S -tfc— WMIM
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    • 618 24 BSA x MYANMA ■n FIVE STAR UNE (Myoamor National Lint) Loodiiig for Ym§m rasa vor sm pki pen pgu PAGAN 340W SU> PAGAN 349W SU IN MALAYSIA: lOUSTEAD SHIPPING AGENCIES KIK/PRL 03-300St3U PEN: 04-2*3311 S A" 1 1 JEKKKk ACCEPTIWa COMVEMTIOIAt CBO VESS& VOY HUG SM PGU PU KUC OOANU
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  • THE BUSINESS TIMES SHIPPING TIMES
    • 8376 25 ETA ETA AdMrtfar VmmI Voyap Tllipfcm ITA ETA A*>HWf V«Ml ttWg Tll^HI OH Daafa IkM Mm ItaSSr M« H" D-T" ■MMHMHHMBMMMMnMMNMHHMHMMKMHHHMMHNHMMHHHHM BHRaflRBBBaBflflRMflBMBMBMRflBRRHaBaRBBBMR^^^^^^^M 25/10 tl/11 TASMAN TASMAN TRADER *****1 *****388 lb ABIDJAN (ABJ) 2003 Cot* D'lvoire SSSiST" ZZZ S5" WZ MK^^ c K m m
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  • Page 25 Advertisements
    • 357 25 Kli Taiwan BsM kee/khh/txg \Weekly Consol Service/ w V_ USA All IPI via LAX/NYC (MLB/AWS) HUB MARINE PTE LTD BOOKING: *****375/716 MAINLINE: *****M6 FAXi *****066 OF* CODE •W C* NO *****M0000Z MAWKETINO SALES: KELVIN CHUA: *****636, MEUNA LEE: *****167 yt«[| I voyage I PKG I SIN YGN I VtSSO. I
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    • 463 25 FREIGHT LINKS EXPRESS PTE LTD 51 Penjuru Road, 3rd Level, Freight Links Express Logisticentre, Singapore *****3 Tel: *****511 Fax: *****577 E-mail: flesin@singnet.com.sq Website:http://www.freightlinks.net i P ATTRACTIVE RATES TO: >i« AUXANOftIA OCNOA KffLONO KAOHWUNO II HflffU MALTA MAHi MARMRII .fMySS-' CKBU DALIAN MONO KONG JAKARTA CMNODAO SHANGHAI SURABAYA XINOANO XIAMKN I
      463 words
    • 93 25 g«^7 gen,ki lines I At Aganh: CKOSSKAST SMPPINO PTIITO operator cod* GK CR NO: 771 3202 0000 M M: 6327 17M Fnc 4327 15M MntMtagOraMtniui WML miuiy KUCHMO WBKLY WIONSSOAY SAHJNO SINTUUJ 2 SAHJNOS KMUJOHOt 6JI4S 19/04 11/09 17/09 21/09 68M0 JOHOt fJI44C 22/09 2V09 2VD9 24/09 21/09 30/09 CEMOJOHOI
      93 words
    • 214 25 ■MVHifl TIGER PURL 319N 20-21/09 27-29/09 04-05/10 I ■MUtijUfl TIGER SEA 320N 24-25/09 30-02/10 01-09/10 I Km TIGER SKY 321N 27-21/09 04-06/10 11-12/10 1 TKBt WAVE 322* 01-02/10 07-09/10 15-14/10 I ***** 044)5/10 1113/10 lt -19/10 ■ffVRIffiNfIINDEPEND SPi 004 19-19/09 TOR OtSOURGIMGONUr I ■|UU|t|TIGER CLIFF 016N 20 21/09 21-30/09 OS-09/10
      214 words


  • executive lifestyle
    • 577 27  -  off the cuff jaime ee A STORM seems to be brewing in a tea cup over at the new Hong Kong Disneyland, and it's not the name of a new ride. The tes is literally brewing by Chinese mainlanders taking advantage of the park's free hot
      577 words
    • 1290 27  -  There has been a move of late to move beyond just restoration of heritage buildings. CHEAH UI-HOON looks at some of these projects CHEAH UI-HOON BY the end of this year, Singaporeans will see the "resurrection" of a local landmark its familiar facade transformed with a sophisticated
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  • Page 27 Advertisements

  • ARTS
    • 1217 28  -  Plays based on text are showing themselves to be contemporary in a spate of recent and upcoming plays. PARVATHI NAYAR finds out how text is faring against experimental theatre in S'pore PARVATHI NAYAR TEXT vs Experimental. Somewhat dramatically, it's always been perceived as
      1,217 words
    • 551 28  -  By PARVATHI NAYAR SHAYNE Courtright displays a frighteningly perfect sense of balance as he spins around on a giant wheel, defying gravity, throwing himself perilously close to the audience but holding back in time, exuding high energy without sacrificing grace. The routine, titled German
      551 words
  • Page 28 Advertisements
    • 55 28 iv This is immlfljj in Atlas HI-FI Ptc Ltd #03-19/21 Plm Sinjapurv 68 Orchard Road. Singapore *****9. S* Tel: 6339 0966 Fax 6336 4678 Website www.atlai-Wi.com fllk 3CSSIiC?© N Suburban stores: #02-10 (MM Bu«kfr\f Tel: 6665 8143 «MMjfill]l® V HMFO J #03-12 Lot I Shoppers' Mail Tel: 6314 60S I
      55 words
    • 48 28 Finest I of Persian, Afg^ian, Kashmir B Russian and Pakistani Hand-made Carpets H Specialising in Agra H and TMbai Carpets JAN ORIENTAL CARPETS figj Orchard Parade Hotel no. -05 111 01 Tanglin Road, S'pore *****5 m Tel: 65-*****494 (Previously 111 Tanglin Shopping Center ifi Open daily 10am Bpm)
      48 words

  • BOOKS/ART
    • 438 29  -  PHOTOGRAPHY Stephen Wong talks to NGIAM YING LAN about 'An Ocean Odyssey', his book showcase of stunning images of marine animals NGIAM YING LAN m a HEN Stephen M II a Wong threw in M I 1 K the towel as a m m hotel
      438 words
    • 421 29  -  CALLIGRAPHY By SUSIE WONG FOR the novice, Dancing Ink and Brush offers an instant initiation into Chinese calligraphy's timeless tradition and history. As curated by Chen Jiazi (senior curator of the Museum, NUS Centre for the Arts), you learn, for example,
      421 words
  • Page 29 Advertisements
    • 89 29 i v*™| j j Brr* Stdy dt home When you re OVerSedS Being frequently away on THE STRAITS TIMES INTERACTIVE business doesn't mean you have to be disconnected from home. With the power of The Straits Times Interactive the latest news, anytime, anywhere. (STI), you can always keep yourself updated
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  • Page 29 Miscellaneous
    • 357 29 CRYPTIC CROSSWORD 6 Meant not to be caught in ACROSS the act (7) 1 Just reason for offering en- 7 about on fire tertainment venues (11) 9 This little room is. said to be a 8 ine in Mil,n T ton's work (2,9) 10 A fellow appearing after the 2
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  • CINEMA
    • 541 30  -  'The Brothers Grimm' opens well but fails to live up to its potential, says PARVATHI NAYAR PARVATHI NAYAR ONCE upon a time, there was a director called Terry Gilliam who had a wonderfully quirky imagination. His gift of conjuring up the fantastic and the
      541 words
    • 447 30  -  By JAIME EE SO you make a mistake. Tell a little white lie and refuse to apologise when you're found out. In most cases, you get a rap on the head or suffer some serious silent treatment. Very rarely do you get beaten
      447 words
    • 470 30  -  By JAIME EE HOW many ways can you portray a nice guy? From the point of view of director and professional nice guy Ron Howard, just one—with as much aw-shucks earnestness as possible. No wonder then, that Cinderella Man can't quite
      470 words
  • Page 30 Advertisements
    • 370 30 l J. 1 k r "XlO,OOO wisely invested in a wine portfolio back in 1974 would currently be worth somewhere in the region of £1.4 million." Financial Times Wine investment Special, June 2005. < "1961 Chateau Latour cost just £25 a case when released. Today, a case could sell for
      370 words

  • WINE
    • 1076 31  -  GREG WALDRON finds out there is more to wine investing than just buying a few bottles, locking them in the wine fridge, and waiting GREG WALDRON THE business of wine investment is peculiar. Unlike investing in the stock market, there are no regulatory bodies like the Monetary
      FILE PHOTO  -  1,076 words
    • 611 31  - Appreciating Shiraz a guide for beginners By TOMMY LAM IN Barossa, it's called Shiraz, but in California, it's Syrah. Are they still one and the same wine? Not necessarily. For the wine novice, it's important to understand where wine comes from, and why wines with the same name can taste
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  • Page 31 Advertisements
    • 122 31 Cellar picks Whafs on offer at local wine shops 2000 Reserve de Comtesse de Lalande, (2nd Wine Contains 15 per cent alcohol of Chateau Pidton-Lalande), Pauillac $39.50per bottle at Auric Pacific Fine Wines A classic Bordeaux with copious quantities of ripe black fruits, combined with an exotic, complex, 2001 Great
      122 words
    • 214 31 E WHERE VHHHHHBBHHHBP /0k m fl i 9' W m r/ 1^ If Wm< JL-rfsiBBBBBMMHM^MMMBHBMMMMBBBBI f f f 7 CW\ l 4 c> I' 1C i r'M/A Basic Wine Appreciation Course by Tommy Lam, Wiik 1 MBA (Bordeaux) Aiiioik) in.iny i»lh<*t fl.ivowiful topus you will .ilsn limiii .lhout 111. 1
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  • Page 32 Advertisements
    • 109 32 250 YEARS OF UNINTERRUPTED HISTORY... HMmK Vm^lm.^r r 1 B M .jnDHHBHHV ■jWb u Wlmk aWIfIMM /f .ritf vj¥*w; r t iv r> te, I 1755 Geneva m W and minute hands, Roman numerals and m^ hour Totalizer and center seconds hands in blued steel. ,*5O/000™, ...DEDICATED TO PERFECTION >-*''
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