The Business Times, 22 September 2005
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2005-09-22
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The Business Times
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Title Section14 2005-09-22 1 THE BUSINESS TIMES < S^6AliO«tocenK online at http-7/business-times.asial .com.sg MICA (P) 089/03/2005 Thursday September 22,200514 words
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Article, Illustration802 2005-09-22 1 AMIT ROY CHOUDHURY - S'pore to remain a vital base for the pioneering wafer plant By AMIT ROY CHOUDHURY [SINGAPORE] European giant STMicroelectronics is on target to invest US$5OO million a third of its worldwide capital spending this year in Singapore, says new president and CEO CarloYEN MENG JIIN - 802 words
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670 2005-09-22 1 MICHELLE QUAH - $7m for Heshe if he exercises his 133 m share options By MICHELLE QUAH [SINGAPORE] Any doubts about whether Heshe Holdings has the financial muscle to buy Citiraya Industries were pushed aside yesterday by Heshe" s CEO and chairman Eddie670 words
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Article133 2005-09-22 1 ST! 2,298.65 (-8.77) ST INDEX FUTURES (-9.00) SIMSO ***** (-128) SIMSO FUTURES 272.70 (-0.90) MARKETS Wednesday Change KLSECOMP 922.57 >0.54 NIKKEI 225 *****.57 +48.00 HANG SENG *****.62 -18.24 SET INDEX -2.00 JAKARTA COMP 1.044.06 -11.53 MANILA COMP 1.959.15 +25.64 SEOUL COMP 1196.67 >5.74 SHENZHEN B ***** -3.95 MUMBAIIND133 words
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Advertisement50 2005-09-22 1 linch I W§.M. >, a?. .%smmm PROPERTY 4 f Ci k < M J r ,-iU ']<•! f;[\ Al w tion trjfj.i y BT ONLINE Access to BT Online is free after 6pm each day. But print subscribers can access our online news anytime Call 6388-3838 to subscribe and activate50 words
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Advertisement217 2005-09-22 1 COMMENTARY New chairmen for SIA, DBS? ■be^ISSPSL Wm MKm PG6 yi c b i i LUX IfcAi*. Few musicians can make the jewels f of grand repertoire sparkle with the radiance this outstanding tenor brings to operas, oratorios, concerts and recitals. Jos* Carreras is a master of an art where217 words
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Advertisement8 2005-09-22 1 US INTBtEST RATES Hawkish Pfed rattles investors PG28 words
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Advertisement7 2005-09-22 1 Making S'pore a legfll services hub |||E2f7 words
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TOP STORIES
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Article603 2005-09-22 2 High land cost could turn off bidders for IRs WITH the launch of the Request for Proposals for the integrated resorts due in the next week or so, some bidders could fold and walk away—if the RFP throws up conditions or costs higher than they are prepared to603 words
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Article64 2005-09-22 2 IN our report yesterday, "Quality of investment teams in fund managers vital MAS", we wrongly said that the Monetary Authority of Singapore has farmed out about $40 billion in funds to be managed by external asset managers. The $40 billion is an aggregate amount placed out by both the64 words
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464 2005-09-22 2 S JAYASANKARAN - Just a week ago, investment banking arm had helped M'sia on roadshow By S JAYASANKARAN in Kuala Lumpur WITH one voice the global investment bank Merrill Lynch sings the praises of Malaysia as an investment haven and with another it is warning464 words
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Article, Illustration797 2005-09-22 2 ANDREW MARKS - Brushing aside Katrina, it raises rates and hints at more to come By ANDREW MARKS in New York WALL Street was not expecting Alan Greenspan and the other Federal Reserve governors who sit on the Federal Open Market Committee to hold off on hiking short termBLOOMBERG - 797 words
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Article, Illustration637 2005-09-22 4 ALEXANDRA HO - Big names say their decision hinges on this and other conditions in RFP By ALEXANDRA HO [SINGAPORE] As anticipation builds with the launch of the Request for Proposals (RFP) for the integrated resorts (IRs) in the next week or so, some637 words
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Article, Illustration418 2005-09-22 4 WONG WEI KbNG - By WONG WEI KbNG [SINGAPORE] After a string of high-profile corporate scandals in recent months. Singapore's white-collar crime .busters will hold a conference on corporate governance aimed at combating and detering corporate fraud, particularly at top management levels. The most recent similar conference organised418 words
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526 2005-09-22 4 RONNIE LIM - S'pore operators working flat out to meet demand By RONNIE LIM [SINGAPORE] Singapore's oil industry is enjoying a brisk third quarter. Refiners ExxonMobil. Shell and Singapore Refining Company (SRC) have been running almost flat out to meet demand, especially wtth gasoline shortages526 words
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Advertisement109 2005-09-22 2 I I 1 Get a i tAof Leading Edge J Your sailing schedules get wider attention in The Business Times shipping pages CS&RwTWirr Shipping times Come home to luxuryr to CBD major shopping Complimentary shuttle service Housekeeping services I Well-equipped kitchen I Broadband Internet access v* Great recreational facilvties I109 words
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Advertisement75 2005-09-22 2 Viigfa Islands Cwmwi hhmh •p-— xfiatuznss Mnirnint trr. Hongkong I I tilMI Full nominee, management secretarial, banking and corporate administration services are available. We also specialize in offshore trusts for assets protection estate planning. For further information and immediate service please contact Florence Nathan or Marie Lim OFFSHORE CORPORATE SERVICES75 words
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Advertisement31 2005-09-22 3 I i i I I f PPP Tel: (65) 6224 8181 CB Richard Ellis {PteJ Ltd 6 Battery Road #32-01 Singapore *****9 CB RICHARD ELLIS Fax: (65) 6221 2232 Website: www.cbre.com.sg31 words
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Advertisement812 2005-09-22 4 MICRO-MECHANICS (HOLDINGS}JJED. I (Incorporate! ft NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the shareholders of Micro-Mechanics (Holdings) Ltd. (the "Company"! will be held at Ballroom 1, Intercontinental Hotel, 8(0 Middle Road, Singapore *****6 on Friday, 14 October 2005 at 5:00 p.m. (or812 words
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Advertisement122 2005-09-22 5 THE LIGHT OP MONDIAL AN ICON OF SUCCESS ill! \iO\IM\i V I.ill in love with the I <»i Mowlui oni'HciK <• I < i fhinv Jj p j-Hcintiui(5 (Llninur (Pun ranter i ■■.•''.*> >1 ,1 iii.iii ill i i p111 i(I(• 11< W <' <)I i< I <i I <122 words
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COMPANY NEWS
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Article, Illustration341 2005-09-22 6 LESLIE YEE - Move follows spate pf KL-S'pore cross-border investments By LESLIE YEE SINGAPORE Telecommunications is stepping up its efforts in Malaysia a market where it has yet to have a substantial presence. Sing Tel announced yesterday that its subsidiary, Sing Tel Australia Holding, hasBLOOMBERG - 341 words
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Article644 2005-09-22 6 WONG WEI KONG - HOCK LOCK SIEW By WONG WEI KONG SO THERE will be a new chairman at PSA International come November. But what about a new Hftv chairman at Singapore Airlines (SIA) and DBS Bank too? You can read as much or as little into the644 words
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Article2979 2005-09-22 6 UNIT TRUSTS FUNDS ■TCnnfffTHHHHHB dh-turapanns6SEqJ *****4/ 0?S*TBoreU'f 1464/ Sar Europe Eqty!" 0357/ Qb Asia HrasBucU* 0.7726/***** Star Eiaope Bond 1253/ CWIapm StarEuapeU 1.167/ OdfcndS*poie 1292/ Star Asm Tiger Eqty 1j07/ 1343/ St*Arttad-__ 1334/ Qb Money SGD Qw A *****/ Star Asia Balanced 1.03/ Ob Money Sing Dofcr Owl 1.0839/ Star2,979 words
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262 2005-09-22 7 a-;.'. TWO new trading and benchmarking indices for regional financial products have just been launched and began calculation yesterday. The FTSE/Asean Index has 180 constituents and will be the benchmark for five Asean markets, while FTSE/Asean 40 is a tradable index for institutional262 words
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Article, Illustration596 2005-09-22 7 PAULINE NG - Reverse takeover will see holdings in M'sian lamination firm jump to 58% By PAULINE NG in Kuala Lumpur [KUALA LUMPUR] In a proposed reverse takeover of Tien Wah Press Holdings, Singapore-listed New Toyo International Holdings will more than double its stake in the MalaysianFILE PHOTO - 596 words
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269 2005-09-22 7 FILIPINO tycoon John Gokongwei is now less than half a million shares short of triggering a general offer for listed property giant United Industrial Corporation (UIC). The tycoon's vehicle, Telegraph Developments, acquired another 2.57 million UIC shares at $1.09 apiece in open-market269 words
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386 2005-09-22 7 MATTHEW PHAN - INSIDERS' MOVES By MATTHEW PHAN HYFLUX'S founder and CEO Olivia Lum and shareholder 2G Capital have trimmed their stakes in the water-treatment company. Lunch-break announcements yesterday show Ms Lum cut her holding on Tuesday by .12 million shares, reducing her direct stake from 32.49386 words
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Article, Illustration287 2005-09-22 7 ARTHUR SIM - By ARTHUR SIM SUNTEC City Mall's new Happy Kidz Zone on the third level has 85 per cent committed tenancy. Toys R Us, which has taken up 23,000 sq ft of the 39,000 sq ft zone, is the new anchor287 words
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392 2005-09-22 7 LESLIE YEE - By LESLIE YEE DBS Group's head of communications, Catherine Ong, is leaving the bank after spending over two years in what is often described as the hottest public relations seat in town. Ms Ong, 48, who will leave DBS at392 words
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Advertisement22 2005-09-22 6 in n r r AllianZ (TTl) I PIMCO Emerqinq Markets Bond Kind rated 5-sUir hv fvien.er Invc-stmont (,oiisnitinq v x Global Investors22 words
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Advertisement12 2005-09-22 7 The Straits Tunes' Recruit The first step oh your ladder to success12 words
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Advertisement66 2005-09-22 7 www.tradershotels.com 9 m I M rag J? i m ran I I TRADFRS HHTFt <i By Shangri-la m I I pr ivporhnt IP md 1 m -the* ctml +hc#\ to nowfrlf, ivst m c-sfe ft V hov ever the-w. I I V V V H I A 1 SMART TRAVELLERS66 words
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SINGAPORE MARKETS
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Article, Illustration537 2005-09-22 8 R SIVANITHY - STOCKS US interest rate hike and concerns over impact of looming hurricane depress STI R SIVANITHY Senior Correspondent THE Straits Times Index may be dancing uncertainly with the 2,300 level but until it makes a firm break either way, the real story appears to lieSource: Bloomberg - 537 words
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520 2005-09-22 8 DANIEL BUENAS - TRADES TO WATCH By DANIEL BUENAS TAI Ko Investment has ceased to be a substantial shareholder of mainboard-listed Japan Land, which deals in Japanese real estate. Japan Land said yesterday that on Sept 20, Taiko had sold around 17.67 million shares520 words
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Article, Illustration429 2005-09-22 8 OTHER SINGAPORE INDICES Sep 21 VALUE CLOSE, BT OB/OS 164.00 -36.00 BTCAPI -*****.00 -30.00 BT 10-day MA -*****.00 +16.00 All-SG Equities 588.20 -2.85 SG Equities Elect 141.02 +0.63 SG Equities Fin 1655.57 -4.27 SG Equities Prop 689.41 -1.21 SIMSC1 272.35 -1.28 SiMSCI Futures 272.70 -0.90 MOST ACTIVE STOCKS VOLUME GlobalVoicc429 words
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Article, Illustration653 2005-09-22 8 UMA SHANKARI - Compiled by UMA SHANKARI PropertM!* Sept 21 dose: $121 am*& icsMfdt,s«ptn ALLGREIjN'S share performance has bees lagging that of large-cap developers, which aft now trading dose to or above their RNAVs. Allgreen is still trading at a 30 per cent discount to x Previously, we were Jfeutral on theSource: Bloomberg - 653 words
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Article, Illustration534 2005-09-22 8 LARRY WEE - CURRENCIES LARRY WEE Senior Correspondent FRESH worries on the skittish US energy front scuttled Tuesday's advances made by the US dollar alter the American central bank not only hiked its short-term US interest rates, but also made it quite clear that it's more than likelySource: Reuters - 534 words
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COMPANY NEWS
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336 2005-09-22 9 DANIEL BUENAS - By DANIEL BUENAS ACCORD Customer Care Solutions (ACCS) has slipped further into the red with a $3.35 million loss for its second quarter ended June 30, taking its half-year loss to $7.14 million. Consumer and investor confidence in ACCS went into decline336 words
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265 2005-09-22 9 ROLAND LIM - IPO WATCH By ROLAND LIM NETWORK system integrator Ntegrator International and telecommunications content and software solutions provider Oniontech are both heading for a Sesdaq listing. Ntegrator is headquartered in Singapore. Its core business involves designing and installing data, cellular and voice networks. It has subsidiaries265 words
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COMPANY BRIEFS
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Article65 2005-09-22 9 SINGAPORE investment company Temasek's bonds will be listed and quoted in the bonds market from today. The notes will be traded in a trading board lot size of US$2OO,OOO. Interest on the notes will be payable semi-annually in arrears on March 21 and Sept 2165 words
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41 2005-09-22 9 ARA Asset Management (Singapore), which manages Fortune Reit, said yesterday that Taiwan wedding magazine group, IdoWedding, has signed on as a master lessee and will bring in Taiwanese wedding service providers to The Metropolis Mall.41 words
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55 2005-09-22 9 ASCENDAS Reit (A-Reit) has priced its equity fund-raising units at $2.13 each. The trust will sell about 101.8 million new units, raising around $217 million in gross proceeds. The private placement of new units launched on Tuesday generated over $350 million worth of demand55 words
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Article91 2005-09-22 9 FRUIT and vegetable wholesaler FHTK Holdings, which earlier said it was feeling the effects of tightening credit by financial institutions in China, said yesterday that its principal banker in China has requested a repayment schedule on a 173 million yuan (S$36 million) loan over91 words
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Article, Illustration503 2005-09-22 9 CHEN HUIFEN - It aims to generate more than US$300m annually by FY2010 By CHEN HUIFEN BIOSENSORS International Group is aiming to generate more than US$3OO million in annual sales by FY2OIO from less than US$lOO million currently, with flagship Bio Matrix product as the main growth driver. ThisFILE PHOTO - 503 words
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Advertisement6 2005-09-22 9 x H ■iii iiiii'T--- .aJMIV.O. 7"6 words
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SINGAPORE NEWS
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394 2005-09-22 10 RONNIE LIM - Move will help assure supplies to Asia: official By RONNIE LIM WITH the latest oil price spike caused by a worldwide refining crunch, Saudi Aramco plans to build two new export refineries to increase product supplies to its customers, including in Asia394 words
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Article, Illustration531 2005-09-22 10 DANIEL BUENAS - EDB scheme to help companies train staff in franchise management By DANIEL BUENAS SINGAPORE hopes to become a base for international companies to manage their franchise operations in the region, Minister in the Prime Minister's Office Lim Boon Heng said yesterday. To help bring this abopt,531 words
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Article341 2005-09-22 10 UMA SHANKARI - By UMA SHANKARI FOLLOWING a mid-quota year review of the Certificate, of Entitlement (COE) quotas, the Land Transport Authority (LTA) announced yesterday that an additional 12,168, or 18.4 per cent, more COEs will be released this quota year. According to the LTA, in the341 words
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Article, Illustration438 2005-09-22 10 CNEN HUIFEN - By CNEN HUIFEN T WITH the cost of treating tobacco-related diseases running at $600-800 million a year, removing tobacco products from shelves in Singapore will deliver immense economic and social benefits. This is one of the arguments proposed by the National438 words
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531 2005-09-22 10 DANIEL BUENAS - By DANIEL BUENAS INDUSTRY leaders and employers have backed the government's "Workfare" plan, saying profits, business costs and shareholders' interests are not "at odds" with the initiative. Workfare unveiled by ministerial committee on low-wage workers last month aims to tackle issues such as the531 words
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Advertisement26 2005-09-22 10 1 5 nm\ k 'ffr%g v> po)iticBli business dud 3Qoi®t Supported by. Organaedby Sponeoredby A m B.NOAPORE NANYANG the Business Tmes pcSftgSgft ascendas INDUSTRY MfWtfS spec*26 words
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FOCUS: SERVICES
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Article, Illustration1534 2005-09-22 11 NANDE KHIN - Law firms can offer their expertise in areas such as arbitration and intellectual property, reports NANDE KHIN NANDE KHIN LIMITED by a small and highly competitive domestic market, the legal industry in Singapore, like many other industries, has been increasingly looking global. Not only1,534 words
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Advertisement67 2005-09-22 11 OFFERMANN GERMANY* SINCE 1842 Leather Is Our Tradition RfefcaM Inlay Cm> mufiiTtniinl Lwinf r Ho. 4408 Laptop Com >«*. J JtO.OO APS system, genuine w s63ffiMHV Metre Department Store, 290 Orchard Road, Level 4 Paragon Centre Takashlmaya Department Store, 391 Orchard Road, Level 3 Ngee Ann City The Pinnacle Collection,67 words
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Advertisement419 2005-09-22 11 II THE MONETARY AUTHORITY OF SINGAPORE TENOR APPROXIMATELY 5 YEARS TOTAL AMOUNT OFFERED SGD 1,100,000,000 MINIMUM DENOMINATION SGD 1,000 I MAS'INTENDED TENDER AMOUNT NIL J (NON-COMPETITIVE) I* I ISSUE CODE NXOOIOOT (REOPENED) ISIN CODE 5G********** ISSUE DATE/SETTLEMENT DATE 3 OCTOBER 2005 MATURITY DATE 1 JULY 2010 COUPON RATE 4.625% P.A419 words
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ECONOMY WATCH
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Article, Illustration505 2005-09-22 12 Firms sceptical about sustainability of current margins Reuters [LONDON] Oil firms are reluctant to spend money on much-needed refining capacity in case profit margins slide back to the dismal levels that kept refining in the doldrums for decades. As the market screams outReuters; BLOOMBERG - 505 words
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Article383 2005-09-22 12 Reuters THE following is the text of the Federal Open Market Committee's statement on interest rate policy issued at the close of its meeting on Tuesday: "The Federal Open Market Committee (FOMC) decided today to raise its target for the federal ftinds rate by 25 basisReuters - 383 words
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375 2005-09-22 12 AP [WASHINGTON] Thailand's Foreign Minister Kantathi Suphamongkon says Thai misgivings about a US-Thai free trade agreement could push negotiations into next year, an apparent blow to US President George Bush's hope a deal be completed "as soon as possible". MrAP - 375 words
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471 2005-09-22 12 It raises '05 growth forecast for Asian economies to 7.3% Reuters Bloomberg [WASHINGTON] The world economy is set to grow a swift 4.3 per cent this year and next above the 3.9 per cent average of the past decade despite higher oilReuters; Bloomberg - 471 words
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365 2005-09-22 12 Bloomberg [LONDON] Gold rose for a fifth day in six in London as Hurricane Rita moved westward across the Gulf of Mexico, pushing oil prices higher and making die metal more attractive as a hedge against inflation. The US Federal ReserveBloomberg - 365 words
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Advertisement291 2005-09-22 12 #v jR ki A d > |7 Small and Medium Enterprises (SMEs)^ INVITATION FOR SUBMISSION OF AUDITED FINANCIALS I FOR ANNUAL CORPORATE RANKINGS Ranking Period: 1 June 2004 31 May 2005 Closing Date for Submission: 30 September 2005 To qualify for the ranking, companies must satisfy the following criteria: For291 words
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MALAYSIA/INDONESIA
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Article, Illustration633 2005-09-22 13 SHOEB KAGDA - It hopes to trim 2005 budget deficit forecast to reach 25.1t rupiah By SHOEB KAGDA in Jakarta FACING a fiscal crunch and a ballooning budget deficit. Indonesia has moved to sell off the government's maining stakes in banks takenBLOOMBERG - 633 words
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293 2005-09-22 13 AP [KUALA LUMPUR, Malaysia] The Malaysian government won't scrap its muchcriticised car import permit scheme, a senior official said yesterday, despite concerns that the policy has been misused to benefit a few well-connected businesses. The large-scale issuance of the licences, known as "approvedAP - 293 words
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Article2275 2005-09-22 13 vol General Corp .040 unch 111 Sap 21 U» *1- COW) Genting 3030 020 739 George Kent .0.60 unch 1 A AM Realty 1.44 0.01 2 GHL Systems. .0.12 unch 1707 Abric ...032 -0.01 3 Gtobetroma Tech .0.35 unch 833 ACP Industries JOS) 0.04 8 Glomac Bhd..._ 1.302,275 words
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266 2005-09-22 13 AP [KUALA LUMPUR] Malaysia's former prime minister Mahathir Mohamad yesterday brushed aside a threat by his ex-deputy, Anwar Ibrahim, to sue Dr Mahathir for calling Mr Anwar a homosexual. "If he wants to sue me or not, that is his right," DrAP - 266 words
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227 2005-09-22 13 AFP [JAKARTA] One Chinese crewman was killed and two others wounded when an Indonesian navy ship fired on their fishing boat poaching in the Arafura Sea, tiie navy said yesterday. "One member of the crew was killed and two others were wounded. ADAFP - 227 words
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203 2005-09-22 13 Bloomberg [KUALA LUMPUR] Malaysia is encouraging local companies to sell dollar-de-nominated Islamic bonds that attract a wider pool of investors from the Persian Gulf region, an official at the Securities Commission said. The government has offered tax deductions on expenses incurred inBloomberg - 203 words
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Page 13 Advertisements
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Advertisement24 2005-09-22 13 Lianhe Zaobao I Hopingnjaml I ysoo\ I more businesses I I are joining overseas I I trade shows I I mml I "Aft" I24 words
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Advertisement576 2005-09-22 13 A 'oliccs INTHKMIMWniNATK mtiBTsnFTHFBPPimurnF SINr.APOBF MC SUIT NO ***** OF 2005 J Between 1. GOH SOONG SENG (NRIC NO. *****275/1) 2. CHIN CHAW HA (NRJCNO *****097/B) BOTH T/A AG. A TECK TRADING (CO. REON NO *****224 B) Plaintiffs Aml 1. AISAH BINTE ATAN (NRICNO. *****928/J) 2. KEKCHEEMIN NUB MOHD BENYAMIN576 words
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GREATER CHINA
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Article, Illustration598 2005-09-22 14 China Construction Bank's flotation next month will be HK's biggest: report [HONG KONG] China Construction Bank (CCB) will rewrite the record books with a higher than expected US$6.5 billion share offer next month that is set to be Hong Kong's biggest initial public offering,598 words
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328 2005-09-22 14 It will pay 2.56 billion yuan for a 36.67% stake Bloomberg [SHANGHAI] Mittal Steel Co, the world's biggest steelmaker, received final approval from the commerce ministry to buy 36.67 per cent of China's Hunan Valin Steel Tube Wire Co for 2.56 billionBloomberg - 328 words
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367 2005-09-22 14 Reuters ITOKYOI The Japanese government has protested to China over production at a gas field near the two countries' disputed East China Sea border, a Foreign Ministry spokeswoman said yesterday. The protest is the latest move in a longrunning dispute between the energy-hun-gryReuters - 367 words
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NOTE BOOK
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92 2005-09-22 14 AP [BOMBAY] Indian stocks dropped sharply in early trading yesterday following media reports of a federal probe into the recent record-breaking stock rally, but regained most losses on bargain buying later. The 30-share index of the Bombay Stock Exchange, or Sensex, fell asAP - 92 words
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77 2005-09-22 14 AFP [BEIJING] The gap between rich and poor in China has reached such serious levels that social stability is threatened, state media said yesterday, citing a government report. A research report by the Ministry of Labor and Social Security said that income disparity in ChinaAFP - 77 words
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69 2005-09-22 14 AFP [JAKARTA] Indonesia's health minister yesterday warned that the country was facing a bird flu epidemic as two more possible victims died after showing signs of infection. With four deaths already confirmed in two months and mounting inter national concern that bird fluAFP - 69 words
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90 2005-09-22 14 Reuters [CHIANG MAI] Thailand has asked China to participate in several projects of its 1.7 trillion baht (Ss7o billion) infrastructure plan due to start by year-end, Thai ministers said yesterday. "Mostofour transportation projects, including the subways, are open to bids and areReuters - 90 words
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75 2005-09-22 14 AFP [SHANGHAI] Salaries in Chinese cities are rising between three and four times faster than the overall price level, squeezing multinational companies' profit margins, a consultancy said yesterday. Salaries increased by 8.4 per cent year-on-year in the second quarter, outpacing a 2.3 per cent riseAFP - 75 words
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291 2005-09-22 14 [Hong Kong] Hutchison Whampoa wants to raise a higher-than-expected 2.5 billion euros (Sss.l billion) from the Milan listing of its Italian third-generation mobile business in a move that will test investors' belief in the earnings growth potential of 3ti, according to an291 words
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Advertisement936 2005-09-22 14 MICRO-MECHANICS (HOLDINGS) LTD. (Incorporated in the Republic of Singapore) (Company Registration No: *****4632W) Notice of Ninth Annual General Meeting NOTICE IS HEREBY GIVEN that the Ninth Annual General Meeting of the Company wiH be held at Ballroom 1, Intercontinental Hotel, 80, Middle Road, Singapore *****6 on Friday, 14 October 2005936 words
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INDIA
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583 2005-09-22 15 Govt planner also says higher petrol, diesel prices or lower taxes needed Reuters [SYDNEY] India will unveil details next month of a new funding entity tasked with raising more than US$2 billion in bonds to help finance infrastructure projects, the deputy chairman of India'sReuters - 583 words
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415 2005-09-22 15 AP [NEW DELHI] India, Russia and China have agreed to hold a trilateral business conference next year to consider ways and means of strengthening and expanding cooperation in various areas among the three countries, the Indian Express reported. Energy will be a keyAP - 415 words
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241 2005-09-22 15 [NEW DELHI] India and Pakistan have decided to seek third-party certification of Iran's gas reserves before moving ahead on the US$7.4-billion Iran-India-Pakistan (IPI) natural gas pipeline project, the Financial Express reported. The newspaper said that although Iran has indicated that it241 words
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295 2005-09-22 15 No word of 300 fishermen as storm and waves lash Bangladesh [HYDERABAD] At least 1,300 people were missing in southern India yesterday and hundreds of fishermen were unaccounted for in Bangladesh after a severe storm in the Bay of Bengal killed 50 people, the295 words
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Article, Illustration70 2005-09-22 15 [SRINAGARJA cameraman filming a painting by a Kashmiri girl. Haneefa Akhter. in Indian Kashmir's lone psychiatric hospital. Ms Akhter's painting is among 60-odd exhibits on display in Srinagar where art is being used as a therapy to help Kashmiris deal with the trauma of livingAFP - 70 words
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Advertisement1045 2005-09-22 15 y y~: (S) BANK OF CHINA Head Office 1 Fuxingmen Nei Dajie, Beijing *****8, China. Tei: (86) 010-6659 6688 Swift: BKCHCNBJ Fax: (86) 010-6659 3777 Http://www.bankof-china.com Singapore Branch 4 Battery Road. Singapore *****8 Tel: (65) 6535 2411 Swift: BKCHSGSO Fax (65) 6534 3401 BALANCE SHEET AS AT 31 DECEMBER 20041,045 words
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ASIA-PACIFIC
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Article, Illustration889 2005-09-22 16 ANTHONY ROWLEY - ASIA INSIGHT The IMF's latest global report belies the reassurances from experts' ANTHONY ROWLEY Tokyo Correspondent THERE is often a "ghost at the banquet" during annual meetings of the International Monetary Fund (IMF) and Wotld Bank, and this year it is the spectre889 words
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Article, Illustration466 2005-09-22 16 Reuters [TOKYO! The volume of shares traded on the Tokyo Stock Exchange (TSE) hit a second consecutive daily record high yesterday, with more changing hands on the bourse's first section than on any other day since it opened in 1949.Reuters; Source: Bloomberg - 466 words
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Article, Illustration680 2005-09-22 16 Strategy includes fresh management new business plan AP ITOKYOJ Electronics was once Sony's mainstay. Now it's a huge money-loser. Sony has fallen miserably behind in televisions, watching Samsung Electronics Ltd rake in profits from popular flat-panel TVs. Apple Computer Inc's iPod players now dominateAP; REUTERS - 680 words
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Advertisement262 2005-09-22 16 Presented 2gg|g|ff Diners Club Card To apply, ca*****6 0980 D A World of Exclusive Privileges Treats Diners Club HHHHf www.Jmern.com.sg InUtnaUiMtf Head to for job opportunities! Buy ft. Stll It Find It j Prized for its smooth taste and premium image, this highly-regarded tequila has been pleasing palates since 1975.262 words
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Advertisement54 2005-09-22 16 MERITUS MANDARIN SINGAPORE BE SPOILT FOR CHOICE With our delectable selection of local delights and western favourites served all round the clock. Enquiries; 6831 6291 MM C*flNk»M« fU*r MERITUS MANDARJN wuu A division of Overseas Union Entmrise Limited (Company Registration N0.*****0050E) 333 Oidwrd Road, Singapore *****7. Tel: +65 6737 4411.54 words
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ASIA-PACIFIC/WORLD
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Article, Illustration687 2005-09-22 17 Industry has lost production of more than 26m barrels since Katrina AP Bloomberg [NEW YORK] Concerns that Hurricane Rita could smash into key oil facilities in Texas lifted cru&f tsl prices Gulf of Mexico'' iSss than a month after Hurricane KatrinaAP; Bloomberg; AFP - 687 words
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WORLD WATCH
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114 2005-09-22 17 Reuters [SYDNEY] Costs at Australian banks wilj rise as they open more branches in an effort to retain customers and fend off foreign competition that is putting severe pressure on pricing in the A 5422 billion (*****.6 billion) business lending market. "We thinkReuters - 114 words
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117 2005-09-22 17 Reuters [NEW YORK] New York Times Co on Tuesday said it would cut about 4 per cent of its workforce 500 jobs and warned that weaker newspaper advertising and rising costs could reduce earnings to less than half of Wall StreetReuters - 117 words
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70 2005-09-22 17 Reuters [NEW YORK] The board of the New York Mercantile Exchange (Nymex) voted to sell alO per cent stake to private equity firm General Atlantic LLC, the Wall Street Journal reported yesterday. The newspaper said the deal, which remains subject to a seat-holderReuters - 70 words
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51 2005-09-22 17 Reuters [FRANKFURT] German chipmaker Infineon is close to a spin-off of its biggest unit the loss-making memory chip business the Handelsblatt newspaper said yesterday. The paper said the firm's supervisory board is set to pave the way for the plan at a meeting on NovReuters - 51 words
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472 2005-09-22 17 Reuters [KUALA LUMPUR] The Islamic Financial Services Board (IFSB) said on Tuesday it expects many countries to adopt its standards for the Islamic financial industry though the problem of varying interpretations of the sharia still exists. In March, the IFSB issued draftsReuters - 472 words
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405 2005-09-22 17 He also gets re-elected as prime minister [TOKYO] Japanese Prime Minister Junichiro Koizumi said he would use an emergency session of parliament convened yesterday to push through postal reform, as well as to extend an emergency law to allow Japanese troops to remain stationed405 words
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245 2005-09-22 17 AP [BRUSSELS] The European Commission proposed legislation yesterday that would force phone networks across the European Union (EU) to keep traffic data for one year and Internet access providers for six months for possible use in investigating organised crime and terrorism. AllAP - 245 words
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Article, Illustration349 2005-09-22 17 AFP [MILAN] The Rome prosecutor intends to investigate the governor of the Bank of Italy, Antonio Fazio, on suspicion that he abused his office in a bank takeover, Italian newspaper reports alleged yesterday. The newspapers II Corriere della Sera andAFP - 349 words
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Page 17 Advertisements
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Advertisement440 2005-09-22 17 {■KfIIIHMIMKi Wkee 1806 289 8822 ORCHARD SQUARE CAPITAL ASSETS LIMITED (Company Registration No: *****7035R) (Incorporated in the Republic of Singapore) NOTICE OF REDEMPTION OF *****,000,000 SECURED FIXED RATE SENIOR A BONOS DUE 2008, *****,000,000 SECURED FIXED RATE SENIOR B BONDS DUE 2008 AND SS22MM.OM SECURED FOB) RATE JUNIOR BONDS DUE440 words
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AVIATION
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Article, Illustration683 2005-09-22 18 VEN SREENIVASAN - New flights to Bangalore and Kolkata may also trigger a price war By VEN SREENIVASAN Airfares to India could start coming down with two of Singapore's three budget carriers poised to fly to key cities of Bangalore and Kolkata by year end.FILE PHOTO - 683 words
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371 2005-09-22 18 Bernama [MELBOURNE] Malaysia Airlines (MAS) has lost an appeal against an order to pay almost A 5150,000 (*****,040) compensation to a passenger who aggravated a back injury by sleeping on a faulty seat. First class passenger Henry Krum exacerbated a pre-existing lowerBernama - 371 words
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352 2005-09-22 18 AFP [BEIJING] The emergence of budget airlines in Asia could challenge traditional carriers but their key to survival is fewer government restrictions, US aircraft maker Boeing said on Tuesday*— The number of low-cost carriers is rising in Asia, including China, following theirAFP - 352 words
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207 2005-09-22 18 Reuters '[LONDON] Britain's biggest airport operator, BAA Pic, forecast full-year traffic growth of 3 per cent on Tuesday as it said passenger numbers were up 2.6 per cent to 66 million in its first five months. BAA added in a statement thatReuters - 207 words
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197 2005-09-22 18 Bloomberg [JAKARTA] PTMerpati Nusantara Airlines, an Indonesian state carrier, is seeking investors to help the airline run its business, the company said in an advertisement in The Jakarta Post. The investors would help provide the Indonesian carrier with aircraft and working capital, the adBloomberg - 197 words
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Article180 2005-09-22 18 Reuters [BEIJING] Aersopace giant Boeing Co expects China will buy 2,600 commercial jet aircraft over the next two decades, underpinned by strong growth in domestic flights,«company executives said on Ttfesday. That would quadruple China's fleet to more than 3,200 jets at an estimated cost of US$2Reuters - 180 words
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Article1370 2005-09-22 18 r 1145 Sg|*| j93| 1 sr as E as B S 1§lj ii p SarifafMM l|«5 llS Mnaaka NH6271 1540 M SQsJft g|| m SQ989 1540 SQ990 0100 B BS peg «$S?8S sii «=r I f f| l| :iis J® ssi $n is TR103 1400 3K5111,370 words
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Page 18 Miscellaneous
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Miscellaneous194 2005-09-22 18 CRYPTIC CROSSWORD DOWN wickedness? (5) YESTERDAY'S SOLUTION 2 Meal often served up? (4,3) 16 Summit following small talk i AnDosite 5 Sdash 10 3 Storm trooper's final period (4) (5) To the manner bom, 11 Outface, 4 Quietly putting in excess mate- 20 Love exercises on speed work? 12 Chorizo,194 words
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SHIPPING
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Article, Illustration665 2005-09-22 19 Failure to invest in ports may slow trade growth, warn investors Blommberg [MUMBAI] Indian ports need to double capacity within the next five years to cope with the country's growing trade, investors and shipping companies said. Container traffic is growing atBlommberg; BLOOMBERG - 665 words
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212 2005-09-22 19 THE Federation of European Private Port Operators (Feport) has .responded to a report by the European Parliament's Rapporteur on the proposed EU directive on ports services, welcoming some recommended changes but attacking its overall philosophy. Feport says that the European Commission's focus on market212 words
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257 2005-09-22 19 Bloomberg [HONG KONG] China Merchants Holdings (International) Co, a state-controlled port operator, said first-half profit increased 40 per cent after the nation's rising trade increased cargo volumes. Net income rose to HK$l.l6 billion (*****.14 million), or 53.8 Hong Kong cents a share,Bloomberg - 257 words
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296 2005-09-22 19 Bloomberg [TAIPEI] The Taiwan gov- ernment is inviting bids for a majority stake in China Shipbuilding Corp, the island's biggest shipbuilder, to help the company become more competitive and raise funds for public spending. The government aims to sell a stake ofBloomberg - 296 words
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Article282 2005-09-22 19 s«pn aw- vi CH Offshore ...0.40 uncti 1226 Chan Hi? Xl.tl 0.03 5174 Coco Corporation -2 .56 unch 2006 CWT Distribution 0.73 -0.01 34 EzraHUgi 1.54 unch 2115 FraighttMs. 038 unch 344 Grand Banks Yacht ....0.95 unch 0 JayaHoidbn 1JS 0.03 3221 KlVentual. .03S 0.04 ***** KeppeiCorp 1230282 words
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410 2005-09-22 19 DONALD URQUHART - By DONALD URQUHART [SINGAPORE] The Cosco Shipyard Group (CSG), in which listed SembCorp Marine owns 30 per cent, plans to spend six billion yuan (Ssl.2 billion) to expand capacity, including the building of a new shipyard in Dalian. It secured state approval for410 words
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Page 19 Advertisements
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Advertisement184 2005-09-22 19 rrs vx I'-o •-ni.p r'' j: 4' TM Jeep AtfvMrtMW m Dare to get behind the wheel? Ihree BT readers will be picked to join the Jeep Adventure an annual Pan-Asian event organised by DaimlerChrysler SEA Pte Ltd. This yeat participants can look forward to an experience of a lifetime184 words
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EDITORIAL & OPINION
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526 2005-09-22 20 EDITORIAL THE forge of nature was not enough to stay the hand of the US Federal Reserve from raising interest rates further on Tuesday. Notwithstanding the devastating impact of Hurricane Katrina, the Fed boosted interest rates to the highest level in four years. The526 words
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Article, Illustration761 2005-09-22 20 CAROLINE BAUM - Dealing with inflation it's all up to the Fed THE BOTTOM LINE CAROLINE BAUM Bloomberg Long-term interest rates snubbed their nose at the decline in the dollar from 2002 through 2004. They ignored the rise in the fiscal budget deficit, which hit a record US$4l3 billion last year. They evenBloomberg - 761 words
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Article, Illustration1219 2005-09-22 20 TERRY PRISTIN - Banks and financial service companies, although creditworthy, need not apply By TERRY PRISTIN NYT AS rising crude oil prices leave many Middle Easterners flush with cash, much oftheir money is being invested in real estate, both in the United States and abroad. Most transactions areNYT; CITY Of CHICAGO - 1,219 words
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Article, Illustration966 2005-09-22 21 FRANCOIS BOURGUIGNON - Differences within and between countries hamper growth and poverty reduction By FRANCOIS BOURGUIGNON LAST week's United Nations World Summit focused attention on the plight of poor countries. To reduce poverty, should these countries focus on faster growth or on reducing economic disparities? Is economic growthAP - 966 words
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943 2005-09-22 21 LEO FERNANDEZ - By LEO FERNANDEZ A FIRST-TIME mother on the delivery table anxiously asks the midwife as she hears her baby wail: "Is the hard part over?" The midwife replies, "Honey, that was the easy part —the hard part is for the next 18 years!"943 words
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159 2005-09-22 21 Leong Onn Kwong Singapore - Leong Onn Kwong Singapore I REFER to the letter "Keep members' interests in mind at RTC" by Andrew Low (BT. Sept 21). I am sure most members. including those 5,000 who took up the case against RTC, share the same interests as Mr159 words
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409 2005-09-22 21 Ang Hao Yao Singapore - LETTERS TO THE EDITOR Ang Hao Yao Singapore IN RECENT years, minoritfshareholders have scuttled numerous privatisation attempts. With retail investors becoming more educated about finance and taking a keener interest in their portfolios, privatising a company appears to have become more difficult. The contention between409 words
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Article9952 2005-09-22 22 SGX MA1NB0ARD 52-Wk Tal Last Vol Day Last Quote GrOtv Uv CftM MM MOa Wgh Low Code Company Sate (*000) HWi l—r Ipw Sdkr Cw HI twj 10 2 5716 1st Software Sc S 3 35 111 a 5 8 5 3148 8Telecom US2c ».5 unch 688 959,952 words
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Page 22 Advertisements
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Advertisement95 2005-09-22 22 jflr n el!)., ,.,.i. -tt r •"< i Why would you trade Contracts for Differences (CFDs)? I l|[ ti.«i:i><|. I! i' it 11| I it A A L Si'- Iit I7< •'.111 h it it i< 1 tf i. it tt i 1 1' i i 1 '[■i i r,95 words
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Article6323 2005-09-22 23 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES to toed an to SS to WIS *«y %r *<* y H <*> Up 20 lnd«i Ch«na> Otmnga axnp* Q>i>b» ch*np« Ch«ng« World Indet Preliminary 925.0 0.5 85 04 77 05 _4L6 t WEPwfcwnary WB.1 OjS 155 M 97 07 fcO Europe PiHinamy6,323 words
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Page 24 Advertisements
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Advertisement1171 2005-09-22 24 I 'iuiuffli inAHlk i f&.^i II t NYK GROUP SOUTH ASIA PTE LTD NTXTCeMM wZSp) TS ML LIME Fax:*****Bs6(Regionalsates)/*****109(0P5)/*****785(Documentation) V NIPPON YUSEN KAISHA *K£&& TOKYO VffMM MMNA. UO. (C/RNO; **********0E) mm t M i SENATOR LINES ESSST,. esjasr-r lurop* NCX Sun Nlilllllll ftw-fcl jjj IM. I V.I. I I •—<-l1,171 words
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Advertisement649 2005-09-22 24 wiiwflHA MOKU MKVKJ VBSa/VOT MWWI NBQHWO m KM U1 ON «T SIIAITS VENTURE 19/D5 15 J.i 15/Df 11/09 22/09 25/09 27/09 SIUmWIUK 20/05 IS 12 30/09 02/10 04/10 09/10 11/10 |snmrswmig?i/Ds is 12 13/10 mo w/10 ivio »s/io mwvOT ta 1 w sn> m u* m jkt 1 mn 1649 words
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Page 25 Advertisements
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Advertisement1041 2005-09-22 25 www.homburgsud.com I HSU SEtVKESUII6 1 (IXFOfT) ASIA SEtVKE SUMO 1 PHUT) SSsArott hman sewtha samtos mm paaanaoua sSLfot waxm* no ami sawos sptoa Afenco Siipprt 504* 21/09 09/10 19/10 20/10 22/10 23/10 SBftUrtISOIWKW 17/11 11/1021/i023/10 Cop lonovisto 504W OS/10 It/10 21/10 27/10 29/10 30/10 Up Mm 514 V 01/10 24/101,041 words
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Advertisement995 2005-09-22 25 vssa voy ar pen hcm rasa w mTTdu iuoTsha wo hsk CtftUMTUfiO tm 4/10 S/Ifl 7/10 DTCJAKATO ~W Kfl I lffTO CT"WI7rT7r COiPBI GAlt SI4W 11/10 12/10 14/10 IUXSAILOR SUM 24/H 6/10 4/10 iGOUBHIADt ***** 111/10 I H/10 21/TFI KMTCSHANGHAI SI3M 27/» I 10/10 10/101 3/10 13/10 15/10 to ocaptng995 words
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Advertisement767 2005-09-22 25 m WEEKLY EXPRESS SAIUNG SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS VBSa VOY SM MIAM6 COUMMO H. SHIVA COUMMO ip-W 3 .mi" w HOWiAH tilOfif OU9k 2Utt "Stt MSff 03 QO OtOO tottwtwm YFWO7I 0300 D4on 07on moo laoa 8B 818ALSO ACCFIMG fQ TO COCHM, TUTKOMN (Vtt767 words
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THE BUSINESS TIMES SHIPPING TIMES
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8426 2005-09-22 26 ETA ETA A4mtm Vassal Voyaf* Tetapbom ETA HA Ktumtam V«nl Vaya»a T«Wm SIN Dasfn Hum Nan* Numbar Nunbar SIN Dasfn Nana Nana Nanfaar IMar 10/10 23/11 HamburgSud NYK FLOW ST A 002E *****133 To ABIDJAN (ABJ) 2003 Cot* D'lvoire To ANTWERPEN (ANR) 2019 Belgium8,426 words
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Page 26 Advertisements
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Advertisement706 2005-09-22 26 UiW WALLENIUS WILHELMSEN website: http://www.2wglobfll.com vessel vor uw lk map how mia sav ral o» htc «w moo TAMERLANE AFS26 320Tmh MM I 21/09 21/10 30/10 03/11 07/11 05/11 TAMO A 1527 4201NS MM I 05/10 30/10 01/11 l 12/11 17/111 15/11 TALAROT Af 552 4001 m 6JM 13/10 09/11706 words
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Advertisement863 2005-09-22 26 rasa voy sm mi vissa vor sm H__ mum n/or w !?ii gff }jm MZB_ZZSmz cypfi oizz? M/o? m* S? -Sffipac iamda UftSM 25ZH 2»/W gffi n fit -SUM] SIZK 2iZfiS n/w ffff" a; -gfif 1/i JKIMM 1M 2ZZH 27/9? US j'ffi #10 i [f:l I VBSB VOT SM HM863 words
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Advertisement367 2005-09-22 26 BSA jl MYANMA nßn FIVE STAR LINE (Mvmnmt National Lint) Lotdhf for Yaagofl VESSEL VOY SIN PU PEN PGU PAGAN SOW Sift PAGAN 349W Sift IN MALAYSIA: lOUSTIAD SHIPPING AGINCIES KUL/PKL 03-300 SUM PBfc 04-2*3311 S jkiauaj!i» ACCEPHMB COMVEMTIONAL CBO Vissa VOY It SM PGU PU KIK UONWART 137 SU367 words
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BizIT
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648 2005-09-22 28 RAJU CHELLAM - Between now and 2009, external disk storage capacity in the Republic is set to gallop at a 55% annual clip, IDC's Graham Penn tells RAJU CHELLAM RAJU CHELLAM THE boom in the market for external data storage, which began last year, has not ebbed.648 words
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Article, Illustration353 2005-09-22 28 RAJU CHELLAM - Hard disk drive maker plans expansion in S'pore By RAJU CHELLAM THE latest pocket drive from Seagate Technology, the world's largest hard disk drive (HDD) maker, is designed in Singapore and will be manufactured here for global sale. Seagate's STI. which will debut353 words
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Article, Illustration585 2005-09-22 29 AMIT ROY CHOUDHURY - They will be able to connect with other devices in homes, cars: STMicro chief By AMIT ROY CHOUDHURY THE first true convergence devices on the mobile loanable bjfiftii second half of next year, probably around the Christmas period, says Carlo Bozotti, president andFILE PHOTO - 585 words
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Article, Illustration490 2005-09-22 29 ROLAND LIM - List of 15 products includes 2 new DSLR cameras By ROLAND LIM KEEPING to their promise of launching about a hundred products this year, Canon Singapore this week released a barrage of 15 new digital imaging products, including two new widely-anticipated digital single-lens-reflex (DSLR) cameras.490 words
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580 2005-09-22 29 Bloomberg [SAN FRANCISCO] Microsoft Corp, the world's largest software maker, plans to pare its divisions to three from seven to help combat growing competition from rivals including Google Inc. The changes are designed to "enhance decision making and speed of execution", Microsoft chief executive officerBloomberg - 580 words
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140 2005-09-22 29 Bloomberg [NEW YORK] Microsoft Corp, the world's largest software maker, said Qwest Communications Inc will use its Web-based phone software to offer a new set of services designed for small- and medium-sized businesses. The Microsoft voice-over-Internet protocol product will be added to Denver-basedBloomberg - 140 words
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296 2005-09-22 29 AFP [SINGAPORE] Computer sales in the Asia-Pacific excluding Japan are tipped to rise by almost 15 per cent to 40.03 million in 2005, led by strong demand for notebooks as prices tumble, an industry report said yesterday. Growth is expected to continue inAFP - 296 words
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Article, Illustration495 2005-09-22 29 Bloomberg [SAN FRANCISCO] Google Inc, already facing complaints from publishers over its book-scanning programme, was sued by the Authors Guild and three writers including a US poet laureate who claim the company is violating copyrights. The suit, filed in federal court in Manhattan, allegesBloomberg; BLOOMBERG - 495 words
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175 2005-09-22 29 AFP [SINGAPORE] Sales of computer servers in the Asia-Pacific region excluding Japan rose 13 per cent to U552.97 billion in the January-June period, boosted by strong demand from China, an industry report said. For the three months to June, regional server sales were upAFP - 175 words
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Page 28 Advertisements
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Advertisement83 2005-09-22 28 redefines recovery. Recovery from tape backups, recovery from disk backups, recovery from disk snapshots. ||B|H u .w 3UIUH I One product can now recover all your data: files, emails, databases, everything, across all your systems UNIX, Windows, BMjHB > .it v," '-wot* "IB mw^Awl'A/* Symantec, the Symantec logo. VERITAS, and83 words
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PROPERTY
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Article561 2005-09-22 30 ALEXANDRA HO - Private residential market unaffected by changes in govt policy: consultants By ALEXANDRA HO DESPITE the excitement generated in the property market by the National Development Ministry's slew of policy changes in July, the effect does not seem to have filtered down to the private residential561 words
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Article, Illustration429 2005-09-22 30 KALPANA RASHIWALA - By KALPANA RASHIWALA TWO collective sales have just been launched both biggish sites in the Toh Tuck/Bukit Batok area, off Upper Bukit Timah Road. They are HJ Heights at Merbok Crescent, which has a 207,134 sq ft freehold land area and an429 words
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Article, Illustration405 2005-09-22 31 UMA SHANKARI - Company will continue to focus on boutique developments By UMA SHANKARI HEETON Holdings, which has carved out a niche for itself as a boutique developer of private homes, will strengthen its upmarket position with its upcoming The Element Stevens, located not surprisingly on Stevens405 words
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1311 2005-09-22 31 PROJECT NAME/ PROP CONTRACT TENURE BUHJ-K/IAND PRICE PSF STREET NAME TYPE PATE AREA*(SQFT) (SV000) (S$) District 1 NON-LANDfD vp* 99 »>■ District 3 NON-LANDED Domain 21 Apt 24/06/2005 99 560 375 671 Meraprime Apt 01/09/2005 99 1173 699 596 Meraprime1,311 words
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Page 30 Advertisements
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Advertisement124 2005-09-22 30 Prime Development Site |S FOR SALE BY TENDER M J Site area 243, 795 sq ft "'x*? JJ) 'Walking distance to UJ Quiet and tranquil environment Sprawling and elevated land Development Charge m VHHHIHHHIIBIIHHHHP Tel: 6224 8181 B R E 6 Battery Road #32-01 Singapore *****9 CB RICHARD ELLIS Interested124 words
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Page 31 Advertisements
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Advertisement156 2005-09-22 31 Prime Detached Production/Office facility 3-storey building with a 6-storey extension Prominent Wide Frontage L .SR Site Area *191,652 sq ft approx. Gross Floor Area* 376,142 sq ft approx. Within walking distance to Yio Chu Kang MRT Station Easy access to amenities g, »T I 11 For Sale by Private Treaty156 words
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Advertisement124 2005-09-22 31 PENTHOUSE X>FFICE HARBOURFRONT TOWER ONE Exclusive high floor ideal for single tenant Large floor plate of ***** sq ft Panoramic sea view, view of Mt Faber and city skyline Efficient column free layout Raised flooring with full height glass windows Covered access to Harbour Front MRT Convenient retail and food124 words
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WORKSPACE
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Article, Illustration968 2005-09-22 32 TAN SU YEN - With less than two years to go before moving to new premises, UBS AG designed a refurbishment programme that zeroed in on current needs without disrupting operations. TAN SU YEN reports TAN SU YEN WHEN ÜBS AG took the decision to refurbish its offices at the end ofARTHUR LEE - 968 words
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590 2005-09-22 32 WHEN ÜBS AG embarked on refurbishment works at its Suntec City premises, there was no question at all about disrupting operations. As part of one of the world's leading financial firms with up to a third of the Swiss banking market, the Singapore590 words
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Page 32 Advertisements
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Advertisement134 2005-09-22 32 Tiffin777l i if f ill f i^^m llffj Mj v s«irf~=PßiHr §X*A II rpC B| B&J •I I in I S''M^f m 1 n, i|l I 3 _i In JI ill 1 L^HSKsili-1 n I KSS *1 ■WteHiiß WM j iBWPIL^■ -'H B 4 9|KH|I M i y MA, I134 words
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Advertisement16 2005-09-22 32 A series orv workspace brought to you by _ONE ■raffles ■■quay Leasing enquiries 6438 3328 *****18116 words
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THE BUSINESS TIMES Property 2005
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Article, Illustration381 2005-09-22 33 Arthur Sim - By Arthur Sim IN HIS National Day Rally speech, Prime Minister Lee Hsien Loong promised us 'fireworks' over Marina Bay. And indeed, there have already been several bright spots on the property horizon. The last six months have been some of the most exciting times381 words
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Article, Illustration753 2005-09-22 34 MARY SAI - Withdrawn properties are also worth watching, says MARY SAI MARY SAI THE property market has been boosted by a recent policy change that halved the cash downpayment for a private home to 5 per cent. This has prompted many sidelined house hunters to start753 words
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Article, Illustration1306 2005-09-22 36 MORAY ARMSTRONG - But how sustainable is this recovery? MORAY ARMSTRONG shares some insights MORAY ARMSTRONG AFTER testing near record lows in 2003, the office rental market has since been in recovery mode underpinned by Singapore's strong economic performance. The market has enjoyed five straight quarters of positive1,306 words
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Article1134 2005-09-22 36 CHRIS ARCHIBOLD - By CHRIS ARCHIBOLD WHILE Singapore sits among the (bp--10 in our global study on World Winning Cities, it needs to stay sharp te keep its We look at how the property community can help by pro-.; > viding office space that will meet the increasingly sophisticated needs1,134 words
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Article, Illustration1031 2005-09-22 38 SHEREME SMG, UM SOK PENG - SHRENE SNG and LIM SOK PENG look at how the shopping scene can be revitalised as regional competition grows keener SHEREME SMG, UM SOK PENG MAJOR cities such as Hong Kong, Taiwan, Bangkok and Shanghai are now competing with Singapore for the tourists' shopping dollar.FILE PHOTO REUTERS - 1,031 words
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Article777 2005-09-22 38 EUGENE THAM - Appraisers now have a more challenging task, says EUGENE THAM EUGENE THAM IT wasn't too long ago that the valuation of real estate in Singapore was a lot more straightfonwd. The mtffet common method used to value a property was to look at sale transactions of777 words
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Article, Illustration678 2005-09-22 40 COLIN TAN - Some of today's foreign buyers come from as far away as Belize ana Brazil, says COLIN TAN COLIN TAN DURING Singapore's last great bull run between 1993 and 1995, foreign buyers, or rather speculators, were an important factor in pushing property prices to678 words
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Article, Illustration990 2005-09-22 40 Interest rate hikes and policy changes make loan,review timely, says dollarDEX WITH mortgage rates trending upwards, this would be a good time to take stock of your home loan. First, the good news. The government announced in July that home buyers can borrow up990 words
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Article, Illustration1256 2005-09-22 42 FEMG ZHI WEI - Ranking just below good class bungalows, luxury units command a premium over other large prime apartments, reports FENG ZHI WEI FEMG ZHI WEI SIZE counts when it comes to homes, but even so, top tier homes of2,000 sq ft and above command a distinct1,256 words
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1118 2005-09-22 46 TAY HUEY YING - TAY HUEY YING looks at the pros and cons of buying a 99-year property and how the recent CPF policy change may affect its demand TAY HUEY YING THE recent policy change allowing Central Provident Fund (CPF) savings to be used to buy older leasehold1,118 words
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Article965 2005-09-22 46 JANICE DING - By JANICE DING THERE were six recent changes relating to property purchases using the Central Provident Fund (CPF), along with seven other policy changes afTecting the Singapore property market. These were announced on July 19. The latest changes in CPF rulings are generally positive in that965 words
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Article, Illustration904 2005-09-22 48 STEVEN MING, WALLACE CHU - STEVEN MING and WALLACE CHU are confident the landed residential market will continue to strengthen, with good class bungalows being the most sought after STEVEN MING, WALLACE CHU WHILE landed property saw a dent in sales over the past few years with the global slowdown,Source: URA, REALIS, Salls Research & Consultancy - 904 words
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Article, Illustration550 2005-09-22 48 PATRICK FOONG - By PATRICK FOONG IN the light of rising fuel costs, it is now recognised that a concerted effort from all the stakeholders would be required if we aim to become a nation with green and energy-efficient buildings. By stakeholders. I mean the government, building owners, building professionals550 words
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Article, Illustration707 2005-09-22 50 SOON LIN, LEONARD TAY - Now might be a good time for HDB upgraders to buy into the private residential market. SOON SU LIN and LEONARDS TAY explain why SOON LIN, LEONARD TAY THE number of HDB upgraders buying new private homes hit a five-year peak in707 words
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Article, Illustration1118 2005-09-22 51 QUEK SOH HOON - QUEK SOH HOON looks at what's being done to turn Singapore's historic waterway into an iconic entertainment and residential district QUEK SOH HOON LIKE all civilisations, Singapore's beginnings evolved along a river, and in our context, the Singapore River. Legend has it that Sang1,118 words
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Article, Illustration1060 2005-09-22 52 JEREMY LAKE - There have been 19 en bloc sales so far this year compared to just 17 for the whole of last year, JEREMY LAKE looks at the reasons for developers' renewed interest JEREMY LAKE AT long last the residential property market is stfrring,Source: CBRE Research; FILE PHOTOS - 1,060 words
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1197 2005-09-22 52 ALEX HILL - By ALEX HILL BUILDING on the positive start to the year, the office leasing markets of the Asia-Pacific's major urban centres displayed almost across-the-board positive momentum, even as the region registered dampened economic figures in line with the global trend. All the1,197 words
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Article, Illustration1125 2005-09-22 53 PAULINE NG - MALAYSIA The KLCC area has absorbed more than RM1b worth of real estate in the past 2 years. And building continues, reports PAULINE NG PAULINE NG THE spate of high-end developments springing up around Kuala Lumpur's iconic Petronas Twin Towers shows no signs of1,125 words
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Article, Illustration949 2005-09-22 54 SHOEB KAGDA - INDONESIA Indonesia's property market is likely to remain buoyant at least until 2008, reports SHOEB KAGDA SHOEB KAGDA DESPITE rising interest rates, Indonesia's property market is expected to continue to experience strong growth on the back of an expanding economy. The fast growing economy is spurring businessesBLOOMBERG - 949 words
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Article, Illustration1306 2005-09-22 54 ASHOK KUMAR - INDIA By ASHOK KUMAR GLOBALLY, economies have been struggling to maintain their growth rates. The Indian economy, however, has been resurgent. The recent years have been witness to increasing income levels and accompanying aspiration levels as well. Not only has there been a drop in theBLOOMBERG - 1,306 words
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Article, Illustration1006 2005-09-22 55 NEIL BEHRMANN - UNITED KINGDOM Prices in the UK have ground to a halt, developers are offering incentives, and buyers are getting selective, NEIL BEHRMANN reports NEIL BEHRMANN THE UK residential property boom is well and truly over, but predictions of a crash have so far proven toBLOOMBERG - 1,006 words
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Article, Illustration956 2005-09-22 55 MICHAEL HART - CHINA By MICHAEL HART IF YOU were in Asia over the past couple of years, you would most certainly have heard of Shanghai's residential buying opportunities. Rising local incomes and strong business hindamentals have helped to focus attention on China's financial capital as locals andSource: CREIS China Real Estate Index Statistics (Shanghai) - 956 words
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Advertisement173 2005-09-22 33 T* iHiii I 111 rinj Yli TTiTh -in '"7 ■-T-- 1 H I WM Ik v,^ > f I V Exclusive waterway living, j reality only for a privileged few. |HHHHHH| Imagine, an open canvass where you can design and build your dream home is now no longer a dream,173 words
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Advertisement237 2005-09-22 34 apartments o^% looking for hip,young and trendy, upwardly mobile, successful individuals to make it their home. A 1 1* i J Apply now as limited units A. Mt. 0 available! I In The By The Park -~4 K/ "'pf Freehold condominium with full facilities in.District 9 j Short drive to237 words
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Advertisement1110 2005-09-22 35 BT advertorial v*• 'Mtfcrtjf. .,vC :|jft«b v w v w t /5^ T <* us i/jyiai 1SH 9F W 3 fljE'JSjfc-; 9 ]j|Bg I ~i"— iip tan*. *VT>> ft i i s^^^BBM— Tinli '■'•W'^^^^Kt i-> HKt MaTy*"' *J«1_ MJMAjfaV.--.aM' »•*.{> ■Ekjiecvc» .^—iBEt«r?i^rat*,-, ..T^^m:- 5> nw s~*n f f ji."!HH^ TA?f3i1,110 words
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Advertisement229 2005-09-22 36 Cosy comfort, /nocfsro »*•$W 33 3-bedroom apartments from 1,001 aq ft Q»F»M»Q*P»IJ W to 1,194 sq ft, 10 penthouses with attic mast* ''S a,,, .fa nn H 4o J nhufciiMifaiairf m I r /.V I ifiß* oearoom ana 1 z-oearoom sniay apwrvnent y I l l l. m\) 1 +'y-229 words
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Advertisement379 2005-09-22 37 'I BRB *SBPO* 9Nurc&r.-.*v•!•«■ m ■HHHHMHr -*c f JBIA |i rfiiii i•, M^fi'^ ff r i I r ii;4atfjii A jgtfHggjH fl Pff" -a. SSi MiW I r< Ja RkM ll J& m > '•"•:«<»- i*'.» *-v'*.v thp 4v ■BH the berth DerthsTcle CORAL ISLAND BYTHECOVE luxury w.t.rfront rtsldcnco UCXtmvi379 words
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Advertisement36 2005-09-22 38 JWMMB i iiill, 1 1' i I ■p-**- Ml k__ ■Mtei«imv' r^^WP MJgF- <fl if^^B >#4lh ]B few ■IjyfJ BOSS #03-02/04 N6EE ANN CITY. Tel: 6737 2552 #01-10 PARAQON. Tel: 6733 2880 HUGO BOSS H•• OO36 words
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Advertisement118 2005-09-22 39 Location meets luxury living. With Caribbean at Keppel Bay situated next to Vivo City and across from Sentosa's Integrated Resort, everything you need is within easy reach. Plus you can indulge all your favourite waterfront activities, literally just steps away, and admire the most breathtaking views'provided by the surrounding private118 words
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Advertisement63 2005-09-22 40 Ik*. ■L, 9 Hfe HP Ji IIL r~i;ii-• JB4 '^i®£^^7r». r I fflBH I 1 .> v ■•'•;u >*tv 5S I <s .g s 1 s I OrohQfd iouUwnprf jjM New showflats open for viewing from 10 am -6 pm daily Please call6333 6508 or visit www. thepaterson. com.sg Developer:63 words
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Advertisement379 2005-09-22 41 Essential Home Loan Manual < i' -mj X Take off for free with HSBC Home Loans r•" y •is > sr > •-ft*'? -<-.>+• 3 J k ••*£►'tfe*as.•,• ,-€SaSaafctt*_ ■■■■-J 1 -A..-.aSa^. I •■jCV- Sy-* v- w ■-#<.■. ./««s >•.'.". 'S-t* I»f -f >■ •*J rl Ar >i»*£& H3fcsi|r*slra««> 7379 words
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Advertisement121 2005-09-22 42 Ll' JBPBh n 1111 U fi nl^Bfl lljpilß For all confirmed purchases by 30 Sep 05! Pick I Deferred Payment I move in immediately I Schemes Now I and pay the rest 6 Available! months later!' 3 mins Drive to Paikway Parade Paya Lobar ft Tanjong Katong MRT Stations Easy121 words
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Advertisement455 2005-09-22 43 a Advertisement PENTHOUSE f intimate, private, low-level but tiigh-on chic ••v.. All penthouses cost a bomb and are at the top tall buildings where they bake in the sun. Right? Wrong. Penthouses can be reasonably priced and cool, in all senses of the word, and they don't have to be455 words
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Advertisement885 2005-09-22 44/45 131 jj3' |9^9l|^h HH*W HV gjjHJWj jrHj |2 woodMi r V HBHSH^HHHE2nSH3iniIHH2IinEZZ**HI*BICEBIEZ*i***Kin2E!IOI [BIU (iMIiH Bg I Hn*i| Jg Wnlliwll W vw»un Yishun S Op A The Sail O Marina Bay 99 Yr 1 Oty Developments k AJG Marina Boulevard 1111 "I mKm Eswt JLq Sembawang New Town jr. J h885 words
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Advertisement16 2005-09-22 46 s *v V +t y'• s"v t ;•>- 'i?c Theßrst ISS^ First HOME LOAN united overseas bank16 words
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Advertisement814 2005-09-22 47 A Special Advertising Feature Going big in Asia Savills Singapore aims to become the leading provider of property services in South-east Asia COMMITMENT to clients, professionalism and a pedigree name. These are hallmarks of Savills Singapore which will ensure a growing W*****11 Asia ratflfiC, the profile for the company and814 words
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Advertisement27 2005-09-22 48 Si BBH kleat Leotiw Etogant Uvtog tnrtlDH»(BOionalnitiMk»n TOP obtained!) Immediate Occupancy District 10 999 years M| mmk Raffles Girls Primary, Nanyang Girls Q U jet ■M OO27 words
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Advertisement297 2005-09-22 49 3D COLOUR MANAGEMENT SD/PC CARD SLOTS REAL BLACK The Colour Management VIERA Plasma and LCD models* are equipped with SD and PC card DRIVE SYSTEM System achieves precise slots, so viewing images from your digital camera, computer or other VIERA suppresses the greying effect control based on 3D memory card-equipped297 words
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Advertisement70 2005-09-22 50 A Mi -^W*m Blfer:% '"^Px^Si^^CTa I t Apiftsdln *i "S. 3^JHR i. '.5ES**-J«fck -QhV, -\> ■*^.Ts I: IWZ" IP* Vsf n^S fc. T .y ip^w _m v vflttgV k^r^^3SBPr!HS2!!SFf«!^S^SB2SSISSR? V t* l, 2,3-bedroom penthouses Elevated swimming pool i. pr CTE <*»>»*». I™-!fe=g. Near Parkway Parade BBQpit Shopping Centre W/r Mvß470 words
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Advertisement17 2005-09-22 51 S£l ilU*'{Wf jl MWMfrm MT~ *jHlSrcf r »fi' MiMr |4w It W%• B v® HJ < j I17 words
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Advertisement109 2005-09-22 52 fe tTS I j V>H| I gßh y&jm ik! nk ►N^g.ww.. *ar M-X. Units priced to sell from $351 psf and $440K mammau mammmmmmmmMmmma■ FREEHOLD JZZ3& 18 exclusive homes with quality finishes Foreigners eligible H|H|HB|£QBK|^^SiIBEEHP9!IIB Prime east coast location l|^Vjß3Si|itfiMMiW 3 mins walk to Kembangan MRT with easy access to109 words
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Advertisement246 2005-09-22 53 jf£e JJiGrant IfiJorfcf of 03fac£ <£ lo)Ai/e x e<S r tnt>re Choic fHI %T in 23 B k iS -f^!.B raHfli BH Hv Jin (itt jWi i(VL Mfi L •Pr *j*jl: \W (CpM* pOFt |ivA%||j|v* Add some sophistication to your y A L%v home with the hottest colours IP >3P246 words
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Advertisement112 2005-09-22 54 Brisbane Acerage Land Packages from AUDSI69,OOO v T* IE The Spacious Factor: Lush 1 m with land size from 4,000 to 7,0001 Perfect location: Blissful country livins just a3O j/ drive from Brisbane City Golfers' Haven:?^"^ —to Karana Downs Golf Club Lifestyle Convenience: A stone's throw from Karalee pins Villase112 words
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Advertisement117 2005-09-22 55 IF are I NESTING IN THE FINANCIAL MARKET, TALK TO A BANKER. 1 y IF YOU ARE LOOKING FOR THE BEST OF BOTfr, TALK TO DORIS. "v. i'>/ w A former investment banker with Abbey National, London. A former Lloyds Bank's property investment director. Doris Tan of DST International Property117 words
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