The Business Times, 18 October 2005
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2005-10-18
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The Business Times
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Title Section15 2005-10-18 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http^/business-times.asial.com.sg MICA (P) 069/03/2005 Tuesday, October 18,200515 words
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398 2005-10-18 1 LESLIE YEE - DBS says Tai did not refer to OCBC as being irresponsible By LESLIE YEE [SINGAPORE] OCBC Bank chairman Cheong Choong Kong yesterday hit out at DBS Bank chief executive Jackson Tai over remarks he made on corporate governance at a seminar398 words
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Article137 2005-10-18 1 STI 2,288.54 (-14.70) ST INDEX FUTURES 2,290.00 (-15.00) SIMSCI 271.34 (-1.86) SIMSCI FUTURES ***** (-1.10) MARKETS Monday Change KLSECOMP 924.27 -1.32 NIKKEI 225 13,400.29 -20.25 HANG SENG 14,541.35 +55.47 SET INDEX 696.28 -3.74 JAKARTA COMP 1,090.09 -6.61 MANILA COMP 1,947.46 -5.68 SEOUL COMP 1,176.36 -13.81 SHENZHEN B 207.79137 words
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837 2005-10-18 1 ARTHUR SIM, CHUANG PECK MING - Operators are allowed to expand; govt moving ahead with stringent social safeguards By ARTHUR SIM, CHUANG PECK MING [SINGAPORE! The government has backed off from an early move to put a 50 per cent cap on casino revenue but is pressing ahead837 words
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Page 1 Advertisements
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Advertisement54 2005-10-18 1 CORPORATE TRANSPARENCY Companies that make big gains pgs 8-9 japan mmm Fresh controversy over Koizumi shrine visit PGI9 Qiilfh A children's charity concert by Thp Timpc 8i Th* Ri i<inA« Tirtw FULL REPORTS, PG 11 BT ONLINE Print subscribers can access our online news anytime. Call 6388-3838 to subscribe and54 words
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Advertisement18 2005-10-18 1 8 R Hi r JSK > <* P- */lH wf ■Hi jiiAi i THE MAKING OF INDOCHINE SME Spotlight PGI418 words
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Advertisement153 2005-10-18 1 BIRD FLU S'pore is on guard: Khaw Boon Wan Mm pgio FINANCIAL BOOM Good times return to London banks PG23 666-88/212 Tradition Craftsmanship Innovation Patented innovative alarm with melodic chime and 24 hour countdown indicator. 24 hour dual TIME DISPLAY. THE LOCAL TIME (HOUR HAND) IS SYNCHRONIZED WITH THE ALARM153 words
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TOP STORIES
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756 2005-10-18 2 ANNA TEO - Electronics growth stays at 1.7% but pharmaceutical shipments fall 22% By ANNA TEO [SINGAPORE] The 6 per cent flash estimate of thirdquarter economic growth is at risk of being cut, following a surprise contraction in September's non-oil exports. Figures released yesterday756 words
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Article109 2005-10-18 2 IN our report, "New company to organise Asian Aerospace" (BT. Oct 15-16), we said a new company is being set up to organise Asian Aerospace from 2008. This is incorrect. The new company, Changi International Airshow Rvents, will organise a new air show called Changi International Airshow109 words
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585 2005-10-18 2 ANTHONY ROWLEY - By ANTHONY ROWLEY in Tokyo WITH the bitter battle over postal system privatisation behind him as from last Friday, Japanese Prime Minister Junichiro Koizumi is turning his attention for the remainder of his term in office to selling off more stateowned assets,585 words
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Article, Illustration546 2005-10-18 2 HK, Aussie partners in dispute over running of Golden Village Multiplex [HONG KONG] Golden Harvest Entertainment (Holdings) has won the first round in a battle with Australian firm Village Roadshow over a Singapore joint venture that the Hong Kong movie giant claims hasFILE PHOTO - 546 words
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Article717 2005-10-18 2 OCBC explains capital reduction exercise OCRC Bank has explained how in spite of paying a special dividend and carrying out a selective capital reduction exercise in the first half of 2003 it actually increased its capital during the period. TOP STORIES, PG 3 C&O Pharma slips below offer717 words
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450 2005-10-18 3 LESLIE YEE - Involved buying in and cancelling 12.1 million OCBC shares held by F&N By LESLIE YEE [SINGAPORE] OCBC Bank has explained how, in spite of paying a special dividend and carrying out a selective capital reduction exercise in the first half of 2003, it actually increased450 words
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Article375 2005-10-18 3 Jackson Tai, DBS Vice-chairman and CEO f at the Asian Corporate Governance Association's fifth annual conference, Oct 14 "Here's another situation where pressure from the market may bring unintended results. Even as people were mysteriously dying during the 2003 Sars episode, the stock market was on then375 words
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574 2005-10-18 3 WONG WEI KONG - HOCK LOCK SIEW By WONG WEI KONG DID last week's comments by DBS Bank chief Jackson Tai amount to observations of rival banks OCBC and United Overseas Bank? Should those banks be left to mind their own business and the share price574 words
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Page 2 Advertisements
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Advertisement36 2005-10-18 2 I Get a Leading Edge y our filing schedules get wider attention in The Business Times shipping pages J Call Bernard Ong at 631 9-1 645 or Michael Chng at 631 9-2062 I 1* Shipping Times36 words
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Page 3 Advertisements
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Advertisement94 2005-10-18 3 citigroupj Thinking for Generations private bank Our clients'trust got us here best private bank Asiamoney's (o»eriiss 20 minion) p r j va te Banking Customers Poll 2005 "The Citigroup Private Bank" is a business of Citibank N.A. or Citigroup Inc., which provides its clients access to a broad array of94 words
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COMPANY NEWS
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571 2005-10-18 4 TEH HOOI LING - IPO WATCH Weak sentiment blamed for 21st IPO this year to close with a first-day loss Reports by TEH HOOI LING IN line with the weak market sentiment, new listing C&O Pharmaceutical Technology closed below its offer price making it the 21st571 words
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353 2005-10-18 4 UMA SHANKARI - Purchase will enable it to tap China's growth potential By UMA SHANKARI UNVEILING further details of a proposed acquisition, Fung Choi Printing and Packaging Group said yesterday that it intends to acquire China-based Flying Media Group for HK$4BO million (*****.4 million). Flying353 words
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Article, Illustration308 2005-10-18 4 SINCE its listing in December last year, news from Sembawang Music Holdings has not exactly been music to investors' ears. Barely four months after its listing, the music retailer warned that its net operating profit after tax was expected to be much lowerFILE PHOTO - 308 words
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309 2005-10-18 4 VEN SREENIVASAN - By VEN SREENIVASAN SINGAPORE Airlines (SIA) filled 67.9 per cent of the space on its planes last month, up from 67.6 per cent a year ago and also higher than in August. The airline filled 76.5 per cent of seats system wide versus 73.3309 words
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Article, Illustration235 2005-10-18 4 UNITED Overseas Bank's (UOB) Xiamen branch yesterday celebrated its 20th anniversary, which also coincided with United Overseas Land's (UOL) official opening of Sofitel Plaza Xiamen Hotel, the first internationally managed five-star hotel in Xiamen. The double celebration had UOL and UOB Group chairman Wee Cho235 words
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Article, Illustration505 2005-10-18 5 ANGELA TAN - Receivers and managers seek buyers for issued shares meanwhile By ANGELA TAN SINGAPORE Telecom yesterday said it is still in talks with the lenders of its troubled 59.5 per cent owned submarine cable unit C2C Pte Ltd to revamp the latter's debtFILE PHOTO - 505 words
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COMPANY BRIEFS
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Article52 2005-10-18 5 DMX Technologies Group said it has won a 2.2 million yuan (S$460,000) contract from Shanghai Media Group (SMG), said to be currently the only authorised Internet Protocol Television (IP-TV) service provider in China. DMX will build the first phase of an IP-TV content platform52 words
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77 2005-10-18 5 NTEGRATOR International Ltd, a regional integration specialist for network infrastructure and voice communication systems, has launched its initial public offering (IPO) of 20.1 million new shares at $0.23 apiece. This represents roughly 25.1 per cent of Ntegrator's enlarged share capital. The offer, which is77 words
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Article53 2005-10-18 5 CHKUNG Woh Technologies, a specialist manufacturer of precision components for the global 3' t-inch hard disk drive industry, reported a 14 per cent drop in net profit year-on-year to $2.48 million for the financial half year ended Aug 31. 2005. Turnover was $33.6 million, up53 words
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93 2005-10-18 5 PF.ARL F.nergy has signed a non-binding memorandum of understanding to acquire 100 per cent of Sebana Ltd from PT Petroland Rnergi. Sebana's primary asset is a 90 per cent working interest in the Bulu Production Sharing Contract (PSC) off the coast of East93 words
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117 2005-10-18 5 CLARIFYING a Reuters report, which BT carried in this column on Oct 15, MPC Holdings said the decision to update its listing prospectus and delay its initial public offering was made solely by the company. "The prospectus had not yet been registered by the117 words
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74 2005-10-18 5 XPRESS has entered into a conditional agreement to buy 60 per cent of Precise Media Group, the holding company of a group of companies whose main businesses are printrelated services and printer consultancy services in Hong Kong and China. The proposed $38.5 million74 words
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Article, Illustration341 2005-10-18 7 KALPANA RASHIWALA - First right to buy property will be offered to Shariah compliant fund By KALPANA RASHIWALA CAPITALAND continues to increase its investments in Japan. This time, it has inked a deal to invest in a 380unit rental apartment block that will be built as part341 words
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177 2005-10-18 7 JAKARTA-BASED car maker Astra Internationa], a subsidiary of Singapore-listed Jardine Cycle and Carriage, has entered into a joint venture with Japanese partner Toyota to offer a range of financial services. Under the agreement, Astra and Toyota will have equal stakes in the joint venture.177 words
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Page 4 Advertisements
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Advertisement301 2005-10-18 4 I HONGWEI 1 "if I I M V|l\ m H i vii i I jj I I HONGWEI TECHNOLOGIES LIMITED I Incorporated ih Bermuda on 3 March 2005 HH Company Registration Number: ***** Invitation in respect of 50,000,000 New Shares of 550.07 each as follows: I H 1. 3,000,000 Offer301 words
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Page 5 Advertisements
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Advertisement101 2005-10-18 5 TAX Our qualified professionals MBamJ can assist you with offshore structures, shelf companies mjjjjr j mr*~ and incorporations in ALL lOflH jurisdictions including: British Virgin Islands Cayman Islands Bahamas Mauritius Hongkong Samoa Full nominee, management, secretarial, banking and corporate administration services are available. We also specialize in offshore trusts for101 words
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Advertisement129 2005-10-18 5 P| You, and ÜBS. That's how we see the heart of our business. Where our teams are dedicated to understanding your needs, delivering the right kind of solutions, and helping you to succeed. Of course this demands top tier advisory and executional capabilities across investment banking, equities, fixed income, rates129 words
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SINGAPORE MARKETS
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Article, Illustration534 2005-10-18 6 R SIVANITHY - STOCKS The root of internal scepticism could be the index's inability to rally convincingly above the 2,300 mark R SIVANITHY Senior Correspondent IT is often said that markets every so often need to climb a wall of worry. This bit of wisdom may need toSource: Bloomberg - 534 words
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511 2005-10-18 6 LEE KIM SIANG - TRADES TO WATCH By LEE KIM SIANG THE Capital Group Companies Inc raised its deemed interest in Mapletree Logistics Trust from 6.1611 per cent to 7.1757 percent in a series of open-market transactions from Oct 12 to Oct 14. This followed earlier511 words
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Article, Illustration427 2005-10-18 6 OTHER SINGAPORE INDICES Oct 17 VALUE CLOSE BT OB/OS -339.00 -138.00 BT CADI -*****.00 -164.00 BT 10-day MA -*****.00 -34.00 All-SG Equities 587.82 -4.32 SG Equities Elect 124.90 -0.78 SG Equities Fin 1684.52 -9.63 SG Equities Prop 724.27 -7.25 SIMSCI 271.34 -1.86 SiMSCI Futures 271.40 -1.10 MOST ACTIVE STOCKS VOLUME427 words
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Article, Illustration909 2005-10-18 6 UMA SHANKARI - Compiled by UMA SHANKARI Capita Land Oct 17 dose: $3.34 CIMB-GK RESEARCH. Oct 17 CAPITALAND h&s sold over 750 private homes in Singapore year-to-date, worth nearly Ssl billion, topping sales 0f468 homes totalling just under Ss4oo million for the whole of last year. In the first nine months,Source: Bloomberg - 909 words
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Article, Illustration529 2005-10-18 6 LARRY WEE - CURRENCIES LARRY WEE Senior Correspondent THE US dollar suffered some fallout from Friday's weaker-looking US stats in Asia yesterday, but Asian units were noticeably soggy compared to some of their counterparts elsewhere. The euro and sterling pound, for example, started the day and weekSource: Reuters - 529 words
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6964 2005-10-18 8 Graham Owens - By Graham Owens COMPANY YEW i CONTBIT CONTEXT Ml NM/ CMS UQBT PflEYKRttj 1 I 1 QianHu Corporation Ltd Dec2004 54 40 94 88 6 2 Raffles Holdings Ltd Dec 2004 55 35 90 82 8 3 SingTel Ltd Mar 2005 54 356,964 words
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Article, Illustration1022 2005-10-18 9 PENELOPE PHOON-COHEN, GRAHAM OWENS - PENELOPE PHOON-COHEN and GRAHAM OWENS spot a significant increase in technology usage for investor relations PENELOPE PHOON-COHEN, GRAHAM OWENS update of the 2005 Business Times/ACCA Singapore Corporate Transparency Index (CTI) has also been completed. The update includes 103 companies that have posted revised scoresFILE PHOTOS - 1,022 words
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Page 7 Advertisements
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Advertisement50 2005-10-18 7 CATS Recruit The first step on your ladder to success r 'VP airfare to Melbourne: $1,100 two nights accommodation: $600 Great Ocean Road trip: $250 rP- r —3 x; ■■•-■^s k telling your loved one "Al '*ifk ,/JaM '^h2I l* ■*w %;*>" />. < there are some things money can't50 words
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Advertisement239 2005-10-18 7 www.tradershotels.com M By Sft I VVh&n c/e-parfirg_ International Airport in I I ff go to ihe- ocwfter*, on tb& fft K of trc> Irm'igrartion are-a. There- arc- shorter V WC-veK, So tjou 6-an fce- on ijoi/r faster. I I 1 1 SMART TRAVELLERS KNOW. TRADERS HOTELS K BEIJING CHANGZHOU CHENNAI239 words
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SINGAPORE NEWS
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397 2005-10-18 10 CHUANG PECK MING - YESTERDAY IN PARLIAMENT It aims to stockpile enough anti-viral drugs for a quarter of the population By CHUANG PECK MING SINGAPORE has built up a "significant" stockpile of an anti-viral drug in preparation for a deadly bird flu outbreak and is aiming397 words
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IN BRIEF
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66 2005-10-18 10 HIGH home ownership boosts Singapore households' net assets to about 3.7 times of gross domestic product, although their liabilities alone are higher than those in Hong Kong and Japan, according to Tharman Shanmugaratnam, deputy chairman of the Monetary Authority of Singapore. Singapore households' liabilities66 words
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78 2005-10-18 10 CREDIT card charge-off rate bad debt written off as a proportion of average rollover balance was 5.8 per cent on average in the past two years, according to Mr Tharman. This was comparable to the level in the US but lower than that in78 words
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59 2005-10-18 10 A VACANT plot of land in Tuas may be developed into a site for motorcross racing and training ground for riders, according to Vivian Balakrishnan, the Minister for Community Development, Youth and Sports. He said it "will have sufficient space to house a59 words
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53 2005-10-18 10 PARLIAMENT yesterday passed the Public Transport Council (Amendment) Bill which, among other things, provide for jail sentence of up to six months for fare evasion on bus and rail services. It is estimated that fare evasion on buses occurs on about 1.8 per cent53 words
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Article269 2005-10-18 10 THE partnership of Harrah's Entertainment and Keppel Land bidding for the contracts for Singapore's integrated resorts (IRs) in Sentosa and Marina Bayfront yesterday introduced a flourish of artistic ornament to their proposal. The consortium announced that it had teamed up with the Centre Pompidou269 words
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157 2005-10-18 10 COMPUTER giant HewlettPackard Company is recalling 135,000 battery packs worldwide for some of its Pavilion and Presario range of laptop computers, including about 2,700 across the Asia-Pacific. The defective batteries made by a third-party supplier tend to overheat and could pose a fire157 words
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Article, Illustration451 2005-10-18 10 CHEN HUIFEN - Entrepreneurial success lies in the trying and also in the failing By CHEN HUIFEN LKARN if you can, fail if you must, but above all try this was what delegates to the Asia Business Leaders' Forum were told during a panel discussion on entrepreneurship. Jannie Tay, vice-chair-man of luxury watch451 words
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609 2005-10-18 10 VEN SREENIVASAN - Move follows spat with EDB over new Singapore venue By VEN SREENIVASAN REED Exhibitions, co-orga-niser of the Asian Aerospace show, has reacted strongly to the announcement that it will not be running Singapore's replacement show on a new site. Reed says there are several609 words
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241 2005-10-18 10 Retail index rises 8.1 in August THE Great Singapore Sale was a magnet for Singaporeans and visitors. The overall retail index rose 8.1 per cent year on year in August, according to figures released yesterday by the Department of Statistics. Excluding vehicles, retail sales rose a more modest 5.6 per241 words
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Article, Illustration366 2005-10-18 10 INVESTMENT property sales continue to hot up. Another two sites have been launched for sale the collective sale of Lincolnsvale at Surrey Road in the Newton area at $49 million, and a 999-year residential site at Jalan Anak Bukit in the Upper Bukit Timah366 words
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201 2005-10-18 10 Xinhua THE Singapore Fashion Week started yesterday with the participation of over 1,000 exhibitors. Some 80,000 visitors are expected at this year's Singapore Fashion Week, which is set to generate close to $200 million in business. The seven-day event, organised by the TextileXinhua - 201 words
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NEWS ROUNDUP
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38 2005-10-18 10 SENTOSA island resort has appointed Robert Bird as its new general manager in charge of planning and staging international events such as the Singapore Open golf tournament and Forbes "Best-under-a-Billion" Awards next year.38 words
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Article52 2005-10-18 10 A PROJECT that provides efficient means to upgrade optical data transmission systems to high-bandwidth networks has emerged as one of four winners of the lES Prestigious Achievement Awards 2005. The collaboration is between researchers from Nanyang Technological University and Singapore Institute of Manufacturing Technology of52 words
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50 2005-10-18 10 OFFICIALS from the World Bank, Shell, Nat Steel, Thai Military Bank and other institutions will convene at two conferences in Singapore Asia Waste Management Summit and Sustainable Energy Asia 2005 Conference running on Nov 30 and Dec 1 respectively to address environmental and energy issues.50 words
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CHARITY CONCERT
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Article, Illustration446 2005-10-18 11 MATTHEW PHAN - Organised by BT and ST, proceeds will be donated to needy students and young budding artists Reports by MATTHEW PHAN THE Business Times and The Straits Times have joined forces to organise a two-night charity concert showcasing Singapore's top young musicians, with theFILE PHOTOS - 446 words
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587 2005-10-18 11 THE last time 13-year-old pianist Abigail Sin played on behalf of The Straits Times School Pocket Money Fund, her solo recital and subsequent concerto with the Philharmonic Chamber Orchestra raised $200,000 in a single evening at The Esplanade. Several587 words
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Page 11 Advertisements
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Advertisement230 2005-10-18 11 international design forum DRIVING BUSINESS GROWTH BY DESIGN SUNTEC Singapore, Level 2 Ballroom www.intldesignforum.com 26 OCT 8 am 6 pm 27 OCT 8.30 am 6 pm IDF 2005 Conference will explore the most current issues and solutions on using design to create an impact in the business environment. The Exhibition230 words
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SME
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267 2005-10-18 12 UMA SHANKARI - By UMA SHANKARI KOREAN companies are looking to make inroads into Singapore's IT industry, which provides lots of opportunities for collaboration with their Singaporean counterparts, according to the director of a centre aimed at promoting Korea's IT industry in Southeast Asia. Bob Chua,267 words
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Article, Illustration596 2005-10-18 12 NANDE KHIN - By NANDE KHIN WEL Corporation has launched a new service in Singapore that allows small and medium-sized enterprises (SMEs) to reach out to their clients, suppliers or business partners en masse through e-mail, SMS, or fax, without the need for costly infrastructure investment.596 words
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Article, Illustration692 2005-10-18 12 NANDE KHIN - InnovAsia survey makes surprising finding that backing right from start-up occurs as often as during pre-dotcom-bust era, NANDE KHIN reports NANDE KHIN ASIA seems to be bucking the trend found elsewhere in start-up funding by venture capitalists (VC), according to a survey byCHRIS LOH; Source: Insead InnovAsia survey, 2005 - 692 words
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Article, Illustration743 2005-10-18 13 ANGELA TAN - SMALL CAPS One of this year's best performing China IPOs, it is raising production capacity. ANGELA TAN reports ANGELA TAN PINE Agritech is one of this year's best performing China IPOs. But the maker of soybean-based products wants to persuade investors that its stockmarket success isARTHUR LEE - 743 words
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378 2005-10-18 13 TEH HOOI LING - By TEH HOOI LING SINGAPORE shares chalked up four consecutive days of losses to yesterday, the longest continuous correction since August. For the week to yesterday, the UOB Sesdaq Index was down 2.1 per cent, while the Straits Times Index slipped 2.3 per cent. As378 words
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Article5797 2005-10-18 13 UNIT TRUSTS FUNDS Citi Japan CitiBond S'pore A/S 1.288/ CitiBondS'paeB/S 1.33® AON Amro Asset Mgt (S pore) Clt Money SGD class A t Q313/ Star Europe Eqtyi 0836 cm Money Sing Dollar Class B 1 0851/ sar urcpeBond 236 Cit, Pan Eurof£Equity Fund 1.27/ u,cp J!%. CitiSetect Asia Tilt Balanced5,797 words
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Article, Illustration790 2005-10-18 14 DAVID TOH, EVELYN LIM - Business models and objectives determine operation, say DAVID TOH and EVELYN LIM DAVID TOH, EVELYN LIM WISH to ride the waves of China's high growth, yet do not know where to start? Many expanding enterprises have thought of venturing into a country which hasAP - 790 words
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Article, Illustration617 2005-10-18 14 OH BOON PING - By OH BOON PING THINK New Moon and a can of abalone comes to mind. But Goh Joo Hin, the company which produces the New Moon line of products, wants its products to be seen as a gift of love as well a617 words
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Article, Illustration669 2005-10-18 14 MATTHEW PHAN - By MATTHEW PHAN FEATURING a 20-metre-long saltwater aquarium at one location and a minus-15 degrees Celsius bar literally made of ice at another, restaurants of the IndoChine Group are by all accounts one of the hippest venues to eat, drink and be merry669 words
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Page 12 Advertisements
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Advertisement87 2005-10-18 12 ■^■■1 Reach the Wherevei your business contacts arc. you them more affordably (II 111 I I J 1 ><-| III Were an IDD service that lets you call overseas not |ust at lower rates, but I I y I VJ KmA* \mmS I J with uninterrupted, clear voice quality So87 words
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Page 13 Advertisements
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Advertisement32 2005-10-18 13 AllianzGl Global Internet Fund Winner of the Sector TMT Global (3Year) Category' Aflianz (jfl) I and Best Equity Sector Information Technology Fund over 1 Year" Global investors II) company re>;n no *****7169/32 words
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Advertisement1173 2005-10-18 14 :*at^ NOTICES BUY IT- SELL IT FIND IT NOTICE OF CLOSURE OF BOOKS FOR 551,100,000,000 6% NON-CUMULATIVE PREFERENCE SHARES ("PREFERENCE SHARES") Notice is hereby given that the Share Transfer Books and Register of Preference Shareholders will be closed on November 4, 2005. Duly completed transfers received by the Company's Registrar,1,173 words
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ECONOMY WATCH
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Article, Illustration457 2005-10-18 15 AFP [HONG KONG] World Trade Organization chief Pascal Lamy wouldn't be drawn on the chances of a deal to ease global trade less than two months before a crucial ministerial meeting here seeks to end import and export tariffs. Mr Lamy said onAFP - 457 words
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Article, Illustration592 2005-10-18 15 But he warns Beijing has to show progress to hold off US protectionism Reuters [BEIJING] US Treasury Secretary John Snow said yesterday that he was convinced China was committed to letting market forces drive the yuan's value but warned Beijing had to show progress toReuters; BLOOMBERG - 592 words
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325 2005-10-18 15 AFP [SHANGHAI] China's recent reforms to its currency have done little to prompt reform in many of the country's commercial banks, which remain unprepared for foreign exchange rate fluctuations, state press reported yesterday. "Domestic banks have never operated under a flexible exchange rateAFP - 325 words
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Article, Illustration271 2005-10-18 15 AFP [JAKARTA] President Susilo Bambang Yudhoyono revised down Indonesia's growth forecast yesterday from six to "above five per cent" for 2005 saying the economy had been dented by several unforeseeable factors. "During the first year (of my government) the tsunami, oil prices, the avian fluAFP; REUTERS - 271 words
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399 2005-10-18 15 Reuters ITOKYOI The number of Japanese corporate bankruptcies fell 4.8 per cent in the first half of the fiscal year through September, supported by improved earnings especially among large companies, a research firm said yesterday. Bankruptcy cases totalled 6,388 in the sixmonth period,Reuters - 399 words
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356 2005-10-18 15 [HONG KONG] Takeover activity in Asia has reached record levels more than two months before the end of the year, increasing the chances that 2005 will be a bumper year for investment banks in the region, according to a report in the Financial Times.356 words
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Page 15 Advertisements
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Advertisement34 2005-10-18 15 1%% tjL I Lianhe Zaobao M I "cross-strait" I I coffee chain I I has close to I I outlets I I across the strait I I I I "nwuii" I I mm2oom I34 words
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MALAYSIA/INDONESIA
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Article, Illustration614 2005-10-18 16 S JAYASANKARAN - It may exit auto-finance business entirely: bank execs By S JAYASANKARAN in Kuala Lumpur MALAYSIA'S state-owned Commerce banking group has received the nod from the central bank to downsize Bumiputra-Commerce Finance, or BCF, its small, but troubled, finance arm. With this development, at least half614 words
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Article2469 2005-10-18 16 VOl General Corp 0.43 -0.01 214 Oct II Ml COOP) Genting 21.60 unch 1727 George Kent 0.59 -0.01 121 ASM Realty 1.67 0.02 141 GHLSystems .011 -0.01 327 Abric 032 -0.01 51 GlobetronicsTech 0.30 unch 2405 ACP Industries 0.67 0.02 78 Glomac Bhd 1.33 0.02 3 Advance Synergy2,469 words
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Article, Illustration681 2005-10-18 16 PAULINE NG - Bursa M'sia shares up 51 since March listing By PAULINE NG in Kuala Lumpur ARE some fund managers and investors kicking themselves over Bursa Malaysia? Perceived as an "expensive" stock at the time of its listing in March, Bursa Malaysia debuted with a 50 sen or 16.7 per cent premiumFILE PHOTO - 681 words
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255 2005-10-18 16 AP [KUALA LUMPUR] Malaysian Prime Minister Abdullah Ahmad Badawi yesterday refused to reveal whether a Cabinet reshuffle was imminent following the resignation of a top minister embroiled in a corruption scandal. Speculation has mounted over the past week that Mr AbdullahAP - 255 words
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Article, Illustration735 2005-10-18 16 SHOEB KAGDA - INDONESIA INSIGHT Indonesia needs to reform its judiciary to fight graft effectively SHOEB KAGDA Jakarta Correspondent A SPATE of recent high profile revelations of blatant corruption in Indonesia's judicial system could not have come at a more inopportune time for the government and President Susilo735 words
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GREATER CHINA
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402 2005-10-18 17 Deutsche Bank takes 9.9% stake; private bank Sal Oppenheim, 4.1% Reuters [SHANGHAI/HONG KONG] Deutsche Bank said yesterday that it would lead a consortium to take a 14 per cent stake in a mid-sized Chinese lender for US$329 million, in a deal analysts said was overpriced.Reuters - 402 words
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Article243 2005-10-18 17 [HONG KONG] Risk management firms are lauding a due diligence boon as investment banks look to boost background checks on mainland companies before they opt to sponsor them, the Souih China Morning Post reported. According to Hill Associates senior executive vice-president Kim Frisinger, past demand243 words
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Article, Illustration465 2005-10-18 17 [HONG KONG] United States Securities and Exchange Commission chairman Christopher Cox on Sunday cast doubt on the prospects for the China Construction Bank (CCB) initial public offering on the sidelines of the Group of 20 conference, the South China Morning Post reported. "There isAP - 465 words
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122 2005-10-18 17 AFP [HONG KONG] American property mogul Donald Trump's hopes of airing a Chinese version of his successful The Apprentice reality TV show has suffered a setback after its would-be presenter quit. Chinese real estate tycoon Pan Shiyi mysteriously pulled out of negotiationsAFP - 122 words
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517 2005-10-18 17 [HONG KONG] Concern that the liquidation of bankrupt Hong Kong-based designer, manufacturer and distributor of eyeglasses, Moulin Global Eyecare Holdings, might force a quick disposal of its most valuable asset, Eye Care Centers of America (ECCA), has triggered a ratings downgrade for517 words
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BRIEFLY ASIA
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107 2005-10-18 17 AP [KUALA LUMPUR] Former prime minister Mahathir Mohamad yesterday said that Malaysia's automotive sector might as well shut down if the public thinks it can't compete with foreign car makers. Dr Mahathir, adviser to national auto company Proton Holdings, acknowledgedAP - 107 words
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Article83 2005-10-18 17 Reuters [HONG KONG] PetroChina, the world's fifth most valuable listed oil and gas producer, yesterday said its total output rose 5.2 per centyear-on-year in the third quarter, despite slowing oil demand growth in China. State-owned PetroChina also said it ran its refineries at full tiltReuters - 83 words
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75 2005-10-18 17 Reuters [TAIPEI] Taiwan's largest memory chip maker Powerchip Semiconductor Corp reported a 67.5 per cent drop in quarterly earnings from a year ago as a glut weighed on the market, though easing supply growth lifted profits from the second quarter. It said July-September netReuters - 75 words
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66 2005-10-18 17 Bloomberg [MUMBAI] HDFC Bank, India's third-largest lender by market value, said profit rose 32 per cent in its fiscal second-quarter on higher borrowing by individuals. Net income increased to two billion rupees (5575.4 million) in the three months ended Sept 30 fromBloomberg - 66 words
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42 2005-10-18 17 Reuters [LONDON] Battery and power equipment maker China Shoto said it planned to list on London's junior AIM market in November with a stock market value of about £35 million (S$ 104 million). —ReutersReuters - 42 words
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Page 17 Advertisements
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Advertisement381 2005-10-18 17 Presented DilierS Club Card To appl* call 6416 0980 D fJ A World of Exclusive Privileges Treats Diners Cluh V www.diners.com.sa V—lnternational Man*'-- Experience an irresistible brew of culture and cuisine at Si Chuan Dou Hua With the opening of a newly refurbished Si Chuan Dou Hua and its companion381 words
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Advertisement67 2005-10-18 17 MERITUS MANDARIN IM> i fa I'll'OM'OIII Straits 1 to 31 October 2005 Buffet Lunch: V" 1 2 noon to 4.30 daily Weekdays Weekends: $29.00* (adulti $18.00* tchiidl Reservations: 6831 b286 'Prices are suhfect fa servta* charge and pnpvathtrg government taxes. nan MERITUS MANDARIN A dtvfeion <M Overseas Union Enterprise Limited67 words
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INDIA
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484 2005-10-18 18 Minister says auction lacked propriety and transparency [NEW DELHI] India has accused Goldman Sachs of presiding over an auction for the PetroKazakhstan oil group marred by a "lack of propriety and transparency" and where the rules were changed mid-way through to help a state-con-trolled484 words
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482 2005-10-18 18 [LONDON/NEW DEHLI] Three of the world's biggest energy companies are competing for a stake in a giant natural gas field discovered by Reliance Industries in the deep waters of India's Bay of Bengal, reports the Financial Times. UK-based BP and Chevron482 words
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Article, Illustration275 2005-10-18 18 OIL GAME PetroKaz drama Setter: PetroKazakhstan (Petrokaz). Canadian company, with rocky ties with Kazakh government On tale: Crude reserves and refineries in Kazakhstan; estimated value US$5OO billion. PMcteri: 1) China National Petroleum Corporation (CNPC) 2) Oil and Natural Gas Commission (ONGC) and Mittal Group PHOTOSPHOTOS BY BLOOMBERG, AG - 275 words
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410 2005-10-18 18 CNPC trying to give govt as little as possible: source Reuters [SINGAPORE] Pressure is building on China's CNPC to transfer a big stake in oil firm PetroKazakhstan to the Kazakh government, a day before PetroKaz shareholders vote on CNPC's US$4.lB billionReuters - 410 words
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435 2005-10-18 18 Boomberg [MUMBAI] Cipla Ltd, India's second-biggest drugmaker, said it plans to become the first company to sell a generic version of Roche Holding's Tamiflu, the antiviral treatment for bird flu, by the end of the year. "We will be equippedBoomberg - 435 words
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371 2005-10-18 18 [XIANGHF, China] India, which trails China in attracting foreign direct investment (FDD and economic development, has a lot to learn from the "remarkable" growth path adopted by the communist giant, The Hindu online edition quoted India's Finance Minister P Chidambaram371 words
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Page 18 Advertisements
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Advertisement278 2005-10-18 18 IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF 8.K.8. ENGINEERING CONSTRUCTIONS PTE LTD (Company Registration No. *****0767W) (In Judicial Management) NOTICE TO CREDITORS OF MEETING Take notice that a meeting of creditors in the above278 words
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ASIA-PACIFIC/WORLD
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Article, Illustration579 2005-10-18 19 ANTHONY ROWLEY - China and South Korea lodge strong protests; timing of visit baffles many By ANTHONY ROWLEY in Tokyo IN a move that threatens economic as well as political repercussions, Japanese Prime Minister Junichiro Koizumi yesterday made another of his highly controversial visits to Tokyo's YasukuniAP - 579 words
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413 2005-10-18 19 [BANGKOK] Some of Thailand's non-performing loans (NPLs) that have been restructured may revert to NPL status due to rising in-i terest rates, The Nation reported yesterday. Tumnong Dasri, director of the Bank of Thailand's Corporate Debt Restructuring Department, said debt-restructuring plans approved recently413 words
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WORLD WATCH
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100 2005-10-18 19 AFP [SYDNEY] Fred Hilmer, the outgoing chief executive of Australian newspaper group Fairfax, was named vice-chancellor of the University of New South Wales yesterday as the school prepares to open an Asian campus in Singapore. He was dean of the Australian Graduate SchoolAFP - 100 words
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90 2005-10-18 19 AFP [BRUSSELS] The Kuropean Union and the United States yesterday re-launched long-stalled talks on opening up the transatlantic air market to greater competition. "I'm hopeful that we can reach an agreement by the end of the year," Francois Lamoureux, head of the transport departmentAFP - 90 words
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86 2005-10-18 19 Reuters (LONDON) Europe's biggest mutual life insurer. Standard Life, said yesterday that its board had formally approved plans to demutualise, clearing the path for a £4 billion (Ssl 1.9 billion) to £6 billion London flotation next year. Standard Life said its membersReuters - 86 words
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91 2005-10-18 19 Reuters lAMSTKRDAM] Dutch group Philips Electronics reported an increase in third-quarter net profit to 1.4 billion euros (Ss2.B billion), above analysts' expectations, and said it was on track to deliver financial targets. The net profit was boosted by 1.09 billion euros in one-offReuters - 91 words
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80 2005-10-18 19 Bloomberg [TOKYO] Sony Ericsson Mobile Communications Ltd, the cellular-phone joint venture of Sony Corp and Ericsson AB, reported a 16 per cent rise in third-quarter profit as sales beat analysts' estimates. Net income at Sony Ericsson, the world's fifth-largest mobile-phoneBloomberg - 80 words
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123 2005-10-18 19 AFP [LONDON] British American Tobacco (BAT), the world's second largest cigarette company, has secretly been operating a factory in North Korea for the past four years, a newspaper reported yesterday. "It's a very small entity within the BAT group and, therefore, does littleAFP - 123 words
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74 2005-10-18 19 AFP [LONDON! Charlie McCreevy, European Union Internal Market Commissioner, will seek to eliminate discriminatory treatment of company shareholders by introducing the principle of "one-share, one-vote" across the Union, the Financial Times reported yesterday. He said he would not propose binding legislation on theAFP - 74 words
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538 2005-10-18 19 Reuters, NYT [NEW YORK] Embattled futures and commodities brokerage Refco yesterday said it was in advanced discussions with a group led by investment fund J C Flowers Co over the sale of its futures brokerage business. Refco said it expects toReuters,; NYT - 538 words
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358 2005-10-18 19 Bloomberg [SEOUL] Creditors of South Korea's Hynix Semiconductor will sell about US$2.3 billion in shares to recoup half of the money they spent to bail out the company in 2001 and 2002. Creditors of the world's second-largest maker of memory chips will sellBloomberg - 358 words
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Article305 2005-10-18 19 Reuters [NEW YORK] Citigroup's third-quarter profit rose 35 per cent as growth in investment banking and a gain from the sale of insurance businesses helped offset consumer banking weakness and the impact of Hurricane Katrina. Net income for the New York-based company increased to US$7.l4Reuters - 305 words
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Article180 2005-10-18 19 Reuters [DETßOlT] General Motors Corp yesterday announced a deal with the United Auto Workers union to slash its healthcare costs, sending its shares up as much as 13 per cent even as it posted a fourth straight quarterly loss. The cash-strapped carmaker said that theReuters - 180 words
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AVIATION
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Article, Illustration605 2005-10-18 20 VEN SREENIVASAN - A key challenge is carrier's inability to get rights to operate in S'pore By VEN SREENIVASAN [SINGAPORE] The region's largest and most successful low-cost carrier (LCC) could hit turbulence as a result of rising fuel price, the political unrestBLOOMBERG - 605 words
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332 2005-10-18 20 Reuters, Bloomberg [NEW YORK] Aircraft leasing giant International Lease Finance Corp (ILFC) has quietly ordered 20 Boeing 787 "Dreamliner" jets valued at US$2.4 billion, the first major leasing company to sign up for Boeing Co's newest jetliner, the Wall Street JournalReuters,; Bloomberg - 332 words
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138 2005-10-18 20 Reuters [SHANGHAI] Global financier George Soros has agreed to invest a further US$25 million in Hainan Airlines, doubling his investment in the Chinese regional carrier, state media said yesterday. The funds will be invested in Grand China Air, a carrier that Hainan Air isReuters - 138 words
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Article, Illustration482 2005-10-18 20 Firm may give contracts to China, Russia and India Reuters [FRANKFURT] European planemaker Airbus plans to outsource more of its aircraft production abroad to help it achieve higher growth, Airbus chief executive Gustav Humbert was quoted as saying in German newspapers yesterday. MrReuters - 482 words
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Article1933 2005-10-18 20 CUT FLIGHT ETA FLIGHT ETD GA840 172S GA841 1825 SQ147 2235 SQ148 1900 .-.-i-u- AF8088 2215 Dhjl S043S 05SC SO 36 2030 BA7382 2215 Doha QR626 1230 QR627 1910 ..S5K ?£U? Dubai N***** 0735 EK405 0210 I>®72 2199 SQ493 0735 EK433 0325 SO229 2300 EK404 14051,933 words
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Page 20 Advertisements
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Advertisement166 2005-10-18 20 BT Deal of the Week Exclusive Business Class Airfares with ZUJI Photo Reute'', AIRFARE HOTEL WEATHER HK $848 $356 China Airlines Langham Hotel Hong Kong Sunny TOP 10 DESTINATIONS AIRFARE (business dass, from J) HOTEL (from J) WEATHER Jakarta $452 (Qatar Airways) $195 (Intercontinental Mid Plaza Jakarta) Rain Bangkok $499166 words
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Page 20 Miscellaneous
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Miscellaneous348 2005-10-18 20 CRYPTIC CROSSWORD 5 Displeasure about lake fish (6) 8 Shower with autumn precipita- 8 9 Sorts out town centres! (7) 10 Subject taken by highest inter- college, initially (5) 11 Take heed of daily letter writing 1211 11 "ll I^l 13 Series of shops looked at a cer- LmJ tain348 words
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SHIPPING
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590 2005-10-18 21 DONALD URQUHART - US Coast Guard's chief investigator says shipping lags aviation in this area By DONALD URQUHART [SINGAPORE] The investigation of maritime accidents should be made mandatory, according to the US Coast Guard's chief investigator who added that as an industry, shipping accident investigation lags590 words
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Article, Illustration61 2005-10-18 21 [MANlLA]Philippine Coast Guard officers take part in an anti-terrorism drill in Manila Bay on Sunday. The Philippine government has launched a campaign to instil public vigilance and prod Congress to pass an anti-terrorism law amid continuing terrorist threats and the presence ofJemaah Islamiyah militants, who haveAP - 61 words
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361 2005-10-18 21 DONALD URQUHART - By DONALD URQUHART [SINGAPORE] Calling on the Singapore Shipping Association (SSA) to play a larger role in Singapore's effort to become a key international maritime centre. Transport Minister Yeo Cheow Tong said the SSA could help in the areas of R&D, manpower development and361 words
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Article292 2005-10-18 21 SGX s '000 Oct 17 S$ +1- Vol CH Offshore 0.41 unch 1040 ChuanHup 0.90 ufKh 1673 Cosco Corporation .2 37 -0.05 2645 CWT Distribution 0.91 -0.01 534 Ezra Hldgs 1.48 0.02 1152 Freight Links 0.07 unch 230 Grand Banks Yacht 0.95 unch 0 Java Holdings 126 -0.02292 words
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313 2005-10-18 21 Bloomberg [SINGAPORE] Neptune Orient Lines Ltd (NOL), which operates Asia's secondlargest container shipping company, handled 11 per cent more volume in the four weeks to Sept 23 as demand for Asian products rose ahead of the year-end holidays. The company's container shipping unit, APLBloomberg - 313 words
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Article, Illustration252 2005-10-18 21 Bloomberg [HONG KONG] Hutchison Whampoa Ltd, China Merchants Holdings (International) Co and other operators of southern China's Shenzhen port handled 25 per cent more containers in the first nine months of the year after the country's trade increased. Shenzhen, the world's fourth-busiest port, handledBloomberg; BLOOMBERG - 252 words
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733 2005-10-18 21 Pirates demand huge ransoms, steal cargo Xinhua (NAIROBI] A recent increase in piracy attacks, both in port and at sea, is threatening United Nations food aid for millions of people in Somalia and has increased fears that disorder in the lawless nationXinhua - 733 words
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399 2005-10-18 21 Bloomberg [OSLO] Bergesen Worldwide Gas ASA, the world's biggest gas-shipping company, won two 20-year contracts to provide liquefied natural gas (LNG) tankers to Suez SA to haul the fuel from Yemen to the United States. Daewoo Shipbuilding Marine Engineering Co, theBloomberg - 399 words
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EDITORIAL & OPINION
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484 2005-10-18 22 EDITORIAL JUST when the going was getting increasingly turbulent, Singapore's low-cost carriers (LCCs) have received a lifeline from a most unexpected source: India. In a move which surprised many industry observers, India offered Singapore-based carriers 2,760 extra seats on routes from Singapore to Bangalore,484 words
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Article, Illustration800 2005-10-18 22 WILLIAM PESEK JR - Birdjlu: is it a real risk or Y2K-like hysteria? THE BOTTOM LINE WILLIAM PESEK JR POP stars the world over have their causes: human rights, poverty, illegal drugs, the environment you name it. But cockfighting? Odd as it sounds, Thai star Ad Carabao had a hit this year singing about800 words
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Article, Illustration1230 2005-10-18 22 LEON HADAR - Many of Bush's staunchest supporters and neoconservatives are now abandoning him LEON HADAR Washington Correspondent C. the conclusions Wk that former US Wk president Harry B Truman reached after spending several mm decades in the US ®|r capital, first as aAP - 1,230 words
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Article, Illustration1076 2005-10-18 23 HEATHER TIMMONS - The city is catching the waves of business from Asia, the Middle East and Russia By HEATHER TIMMONS NYT FOR Wall Street, these are good times. But London's financial industry is enjoying a particularlyheady boom that may put New York, at least for theNYT; BLOOMBERG - 1,076 words
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Article, Illustration817 2005-10-18 23 JENNY LEONG - By JENNY LEONG WHFN it comes to the human spirit, advertising slogans know what they are talking about. Just Do It. Impossible is Nothing. Reach for the Stars. All indicate that performance is a large function of the will that drives817 words
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221 2005-10-18 23 Kenneth Pang Cheow Jow Singapore - LETTER TO THE EDITOR Kenneth Pang Cheow Jow Singapore I BKFER to Denis Distant's letter "Declare dividends as interim, not final"(BT, Oct 11). I suggested in a 2002 letter to BT that companies should endeavour to exhaust their Section 44 tax credits via dividend distributions221 words
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Page 23 Advertisements
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Advertisement30 2005-10-18 23 3l\ ft Geta Leading Edge Your sailing schedules get wider attention J in The Business Times shipping pages Call Bernard Ong at 6319-1645 or Michael Chng at 6319-2026 ShTpping times30 words
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Article10262 2005-10-18 24 SGX MAINBOARD 52-Wk Td Last Vol Day Last Quote GrtMv Wv GrYW Nat MCap High Low Coda Company Sala COOP) High Low «uyar S Cvr S P/t Smll 8.5 2 5716 1st Software 5c 3 unch 150 3 3 3 3.5 12.1 26.5 8 3148 8Telecom US2c 8.510,262 words
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Page 24 Advertisements
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Advertisement57 2005-10-18 24 V j 1 feUK .*;■£>:-■' i-* -tf i.' i cityindcxasia CF Ds carry a higher degree of risk -.ompared TM-J.tion.il c r n», trading. It is possible to guickl\ lose more than yout initial deposit. so (please ensure you understand the risks, as these prodii are no? •-.«iit«a>U t:t t-.r-rvone.57 words
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Article6797 2005-10-18 25 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES in imI out in SS la iRi dy X yr %r <Jy Oct 14 lnd«» Change Change Ch<ng« Chang* Change QU"9« World Index Preliminary 899 7 0.2 5.5 0.3 4.1 06 '0 EAFE Preliminary 887.6 0.0 U.9 0.6 ~7A 09 38 Europe Preliminary6,797 words
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Page 26 Advertisements
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Advertisement1409 2005-10-18 26 t /irtN. NYK GROUP SOUTH ASIA PTE LTD \r— KIW onnrtt w te*****0123 yr* IV JKAline VrfSFgdf M 3 Xm LINE Fax:6292 2856(Regionalsates)/6239 7109(OPS)/6299 5785(Documentation) V NIPPON YUSEN KAISHA TOKYO «D#AKU KASHA. Utt (C/RNO: **********06) ax 137t *****000 SENATOR LINES riwlol^HS MNATOB (5.1.A.) Pl* Ltd Main Unw *65 6536-2750 MtffifinUttSl1,409 words
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Advertisement798 2005-10-18 26 Imthasu toto sarviq vtssa/vor umm hbghtw m km to sw jkt STMITS VENTURE 21/05 IS 3.7 13/10 16/10 20/10 23/10 2S/10 STMITSVBmiK 22/05 15 3.2 27/10 30/10 03/11 04/11 01/11 STKAITS VEimiKE 23/05 15 3.2 10/11 13/11 17/11 20/11 22/11 lAmnuiiAN toto smvke 1 VBSa/VOT iMWPffDI HBGWnml LP I SW798 words
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Page 27 Advertisements
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Advertisement1256 2005-10-18 27 wwx hambufgsud.com ASIA SERVICESUWG 1 (EXPORTI ASIA SERVICE SLIHC 7 (EXPORT) eu n* Vwwl/Vryif. SINGAPORE PUtMII SEPETIBA SANTOS ITAJAI PARANAGUA Vwnl/Vtyt SINGAPORE IUtWOSAHtS HOGtAWPt SAOTOS StPtTHA (op Corral 504W I*/10 30/10 09/11 10/11 12/11 13/11 luxtrowi 50IW 21/10 14/11 16/11 l|fl| 20/11 24/10 04/11 It/11 17/11 l»/ll 20/11 Honu Strang*1,256 words
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Advertisement1144 2005-10-18 27 resa voy «n pgu hcm vessel voy sin pkg jkt WE SANTIAGO 007W 2S/10 26/10 28/10 AamMUA M ~W Wl6 M/lfl GOLDEN GATE SISN 1/11 2/11 4/11 A» HIBISCUS 112S 31/10 1/11 4/11 I GOLDEN HADE SISN 8/11 9/11 9/11 AO DAHLIA 09SS 7/11 8/11 11/ll JBSEL VOY PKG SIN1,144 words
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Advertisement788 2005-10-18 27 SiQitlFA WEEKLY EXPRESS SAIUNG SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AMD WESTERN ICD POINTS VESSEL VOT SHI PJUANCIOXOMIO 11. SHCVA CtHOWIO tAJIVGANDHI 0097W HOG HOG 220CT 25OCT 28 OCT KOIAPHHAMA ttOCT il Oft Qj NOV JflJflitf 001 oq non won 03 hqv omu BMMUgMt 0046W 07 NOV MNOV II NOV788 words
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THE BUSINESS TIMES SHIPPING TIMES
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8059 2005-10-18 28 ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyyt Teleplwne SIN Dest'n None Name Number Number SIN Destn Name Mm* JSSBJ. 29/12 25/01* NGPL FOYLEBANK SP193 *****288 To ABIDJAN (ABJ) 2003 Cote D'lvoire To aLOTAU (GUR) 2465 Papua New Guinea 26/10 10/128,059 words
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Advertisement725 2005-10-18 28 ufal WALLENIUS WILHELMSEN website: http://www.2wfllobal.tom VESSEL 1 VOY I RAMP IBC MAO HOU# Ml* SAV BAI OOF HYC NtW MOI TAUSMAN AFS2B 320T0m 6.4 M I 26/10 20/11 29/11 03/12 07/12 05/12 TARONGA AF529 320 Tons 6.25 M I 09/11 03/12 12/12 16/12 21/12 19/11 TAMPERE AFS3O |400To«s 6.3 M725 words
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Advertisement564 2005-10-18 28 VESSEI VOY SIN PGU VfSStt VOT SIN JKT PACIANDA 1580N 16/10 17/10 MCIAU ill? 1ZZI» M CSF 2301 OU7N 17/10 19/10 9321 ">lO 25/10 PAC lANDA 1581N 18/10 U/10 iif? g mum is#2« nzifl 20/IQ CSf 2301 OIMP 20/10 21/10 gg P*C »ANDA 1583 M 21ZJ0 21/10 KcSu 4191 ~W/TT~564 words
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Advertisement405 2005-10-18 28 BSA iL. MYANMA WSM FIVE STAR LINE |l (Myonmor National Line) Loading for Yangon VESSEL VOY SIN PKL PEN PGU PAGAN 348W SID PAGAN 349W SID IN MALAYSIA: lOUSTEAD SHIPPING AGENCIES KUI/PKI: 03-*****388 PIN: 04-*****1S JKKBk ACCEPTING CONVENTIONAL CSO VESSEL VOY HKG SIN PGU PKL KUC MARINE STAR 76 SLO405 words
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PROPERTY
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343 2005-10-18 30 ARTHUR SIM - More than half of investment grade properties already snapped up: DTZ By ARTHUR SIM OF the estimated US$2.l trillion worth of investment grade commercial real estate stock in the Asia-Pacif-ic, US$l.5 trillion has already been snapped up, according to Joe Valente, director of343 words
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412 2005-10-18 30 Bloomberg [HONG KONG) Hong Kong's government may protect individual investors from further legal challenges to the city's first sale of a property trust by giving them the right to cancel their investment, people familiar with the matter said. In the event ofBloomberg - 412 words
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Article, Illustration468 2005-10-18 30 [JAKARTA] With a number of Asian property developers constructing new office buildings in the capital, foreign investment in the Greater Jakarta property sector more than doubled in the first semester of 2005, The Jakarta Post reported, citing a property research company's survey. AccordingFILE PHOTO - 468 words
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Page 30 Advertisements
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Advertisement216 2005-10-18 30 mil rjr MTP Large Freehold Residential n kIU m J Site-Upper Bt Timah Vicinity oujunngff** -a, **y I Merbok Bukit Timati M c e r hmc i ■MimPKh \HJ Heights CMa Vt HflWlllllWllß Intl Sch BflkgyfjjW Pri Sch Bt Ttmah Plaza U «C gWggWflfflS|gSß3fl}ffnngPi« I a °*"w I 'Hand Ngee216 words
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Advertisement227 2005-10-18 30 Building For Sale Joo Chiat Place 5-sty residential bldg BP Brand new, freehold H| Ip f" 3 b/rm- size 1,024 Served by I lift Capark lots Carol 9688 9668 within compound Alison 9188 9908 fIHHHHBHHHBH ■RV995mi95!!l9!VnH AwJ Wk n||| Grade A office building in IW|C Raffles Place liPrH|P the Oscars227 words
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Advertisement159 2005-10-18 30 Prime Residential Redevelopment Site at Minbu Rd ME District 11 Anglo-Chinese sch (Pr) Freehold 1 Site area 5,650.3 sq m I r sh t (60,820 sq ft) BALESTIER RD Plaza Twin Balestier Hill Heights Residential V Plot Ratio 2.8 m 100% Consensus Obtained Novena cijbiecT /T CTt Noven» srrE 0159 words
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