The Business Times, 29 October 2005
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2005-10-29
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The Business Times
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Title Section20 2005-10-29 1 THE BUSINESS TIMES weekend k SINGAPORE 85 cents MICA (P| 089/03/2005 online at http //hnjMn<">vtim<'v,v,Ml rom ',rj October 29-30, 200520 words
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Article, Illustration687 2005-10-29 1 UMA SHANKARI - They're putting up the tinsel long before the annual light-up, scheduled for Nov 12 By UMA SHANKARI [SINGAPORE] The Christmas lights in Orchard Road won't be on until Nov 12, but retailers are already gearing up for the festive season. A stroll down the687 words
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422 2005-10-29 1 VINCENT WEE - CLIPPER RACE But with lots more sailing ahead, race remains wide open By VINCENT WEE aboard Uniquely Singapore in the South Atlantic UNIQUELY Singapore is now ahead of the pack. The yacht mastered the light winds of the South Atlantic over the past 24422 words
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Article, Illustration43 2005-10-29 1 John Gollifer, head ofSGX Corporate Communications, making a dash in last Friday's Bull Run 2005 charity race. For more snapshots of the event that raised over $2 million for charity, turn to pages 8 and 9 YEN MENG JIINYEN MENG JIIN - 43 words
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Page 1 Advertisements
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Advertisement16 2005-10-29 1 •A The Bu< SINGAPORE 85 cents RAFFLES CONVERSATION Investment guru Mark Mobius on emerging markets 'Sr16 words
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Advertisement33 2005-10-29 1 Business opportunities in Europe a What the region offers S'pore companies pg 11 Cooking up a business PG 12 Wake-up call for EU economy PG 13 Hill 8 sszisrsooocK Markets Digest Pg 233 words
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Advertisement130 2005-10-29 1 MICA (P) 089/03/2005 tjK FOOD A tBBP 1 *f\ tadie restaurant A owners J HOMES Living by remote control f V. j PG23 tfJ. x*..,L .< BT ONLINE: BT print subscribers get free access to the Business Times Online. To activate your account log on to http://business-times.asia 1 .com.sg. For130 words
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TOP STORIES
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Article, Illustration395 2005-10-29 2 Powered by the wind Wind power has become an increasingly viable part of the solution to help solve two of the world's most pressing problems—reduce global warming and achieve a more diversified energy supply. We wonder Which country had the highest installed wind power capacity at the end of395 words
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Article139 2005-10-29 2 STI 2,***** (-949) ST INDEX FUTURES 2,192.00 (-10.00) SIMSCI 259.52 (-0.72) SIMSCI FUTURES 259.00 (-0.70) MARKETS Friday Change KLSECOMP 905.79 +1.33 NIKKEI 225 13,346.54 70.54 HANG SENG 14,215.83 -165.23 SET INDEX 682.25 -3.04 JAKARTA COMP 1,058.26 -5.44 MANILA COMP 1,960.22 +18.76 SEOUL COMP 1,140.72 -25.64 SHENZHENS 186.53 -2.12139 words
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Article, Illustration807 2005-10-29 2 KALPANA RASHIWALA - Market watchers say this signals a broad-based recovery By KALPANA RASHIWALA [SINGAPORE] Evidence that the recovery in home buying has become more broad-based and has spread to the resale market emerged from official figures yesterday. A total of 2,378 private homes changed handsSource: URA HDB - 807 words
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593 2005-10-29 2 S JAYASANKARAN - By S JAYASANKARAN in Kuala Lumpur TEMASEK Holdings yesterday issued a statement to clear the air after it emerged that it has a stake in Malaysia's Southern Bank (SBB). Temasek, which already has substantial interest in Alliance Bank across the Causeway, issued593 words
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Article49 2005-10-29 2 IN our report, "Interest in Telok Ayer shophouses pick up" (BT, Oct 25), we said that conservation shophouses in Telok Ayer had been taken off the Urban Redevelopment Authority's historic districts list. That's incorrect. The conservation shophouses are still on the list. We are sorry for the error.49 words
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Article498 2005-10-29 2 DBS Group Q3 profits up 28% at $446 m DBS Group Holdings yesterday reported a 28 per cent rise in net profit to $446 million for the third quarter. However, excluding goodwill amortisation of $110 million in Q3,2004, Singapore's largest bank recorded a 3 per cent fall in498 words
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419 2005-10-29 2 LATEST US DATA Reuters [WASHINGTON] The US economy shook off headwinds from hurricanes Katrina and Rita to grow at a faster-than-expected 3.8 per cent annual rate in the third quarter, a Commerce Department report showed yesterday. Strong spending by consumers andReuters - 419 words
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Page 2 Advertisements
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Advertisement45 2005-10-29 2 MEBSIRIS? SLEEP ON WATER Tissue cells pinned between the underlying bone and the bed for a long period of time are deprived of blood and eventually die. A waterbed distributes the body weight evenly, so blood continues to circulate freely despite the patient being immobile.45 words
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RAFFLES CONVERSATION
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Article, Illustration1496 2005-10-29 3 GENEVIEVE CUA - Master value manager Mark Mobius tells GENEVIEVE CIIA what it takes to be a successful investor in emerging markets GENEVIEVE CUA MARK Mobius, emerging markets fund veteran and intrepid traveller, had just settled into his Gulfstream jet after a dinner to suss out investment opportunities in SubicARTHUR LEE - 1,496 words
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Article851 2005-10-29 3 GENEVIEVE CUA - By GENEVIEVE CUA MARK Mobius may well be one of the fund management industry's most recognisable faces with his distinctive bald pate think Yul Brynner and immaculate suits. So recognisable that in late *****, his firm Templeton ran an "Indiana Jones" marketing campaign with him as851 words
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Page 3 Advertisements
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Advertisement115 2005-10-29 3 The Raffles Conversation is brought to you through a special arrangement with Raffles International Hotels and Resorts. The Traveller's Palm in the Raffles International logo is an apt I *Jk I I symbol. Not only has water stored at the base of this palm provided sustenance, the leaves rest in115 words
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COMPANY NEWS
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Article, Illustration686 2005-10-29 4 LESLIE YEE - CORPORATE RESULTS But rising oil prices, terrorism and disasters dampen markets: Mr Tai By LESLIE YEE DBS Group Holdings yesterday reported a 28 per cent rise in net profit to $446 million for the third quarter. The latest quarterly resultsBLOOMBERG - 686 words
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291 2005-10-29 4 LESLIE YEE - By LESLIE YEE SUNTEC Reit announced yesterday that it has completed the $230 million acquisition of Park Mall from Wing Tai Group. It said that this acquisition, which will be funded entirely by debt, would add around 5 per cent to unit holders' yield.291 words
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535 2005-10-29 4 CONRAD TAN - By CONRAD TAN UNITED Overseas Bank Group yesterday unveiled better-than-expected thirdquarter net earnings of $462.7 million, despite falling interest margins and spreads!. The healthy showing, up 24.6 per cent from $371.4 million in Q3 2004, beat analysts' forecasts of $412 million for535 words
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245 2005-10-29 4 DESPITE a 5.6 per cent increase in revenue to $182.1 million, SMBT CorpY second quarter net profit fell by 50.8 per cent to* $29.63 million. This is largely the result of a one-time tax writeback of $52.1 million in the previous corresponding period.245 words
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COMPANY BRIEFS
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Article144 2005-10-29 4 A NFW, lightwoight field howitzer developed by Singapore Technologies (ST) Kinetics, the land systems arm of Singapore Technologies Hngineering ISTE), has been commissioned into service with the Singapore Armed Forces (SAF). The contract value had been recognised in the order book of ST Fngineoring and144 words
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Article101 2005-10-29 4 COMFORTDEIjGRO has jumped on board a second bus venture in Shenyang by paying 350 million yuan (S$73.2 million) to acquire the operating rights of 50 bus routes. 1,218 buses and other operating assets from the Chinese city's largest public bus operator. Shenyang Passenger Transport Group. The101 words
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94 2005-10-29 4 NATSTEEL will sell 60 million shares of l ee Metal Group to Lee Lin Poey, l.ee Metal's executive chairman and CEO. and Lee HengThiam, executive director, for $6 million. The shares represent 16.67 per cent of the issued share capital and the sale will94 words
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Article94 2005-10-29 4 THE joint lead managers and underwriters of CapitalMall Trust's preferential offering of new units, DBS Bank and UBS Investment Bank, have devised their strategies for the 47.88 million new units, constituting 62 per cent of the preferential offering, that have not been subscribed. UBS said it has94 words
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60 2005-10-29 4 Reuters RAFFLF.S Holdings' third-quarter net profit surged more than 60 times. boosted by its $1.45 billion sale of its hotels and resorts business. The former owner of Singapore's Raffles Hotel said net profit for the three months to Sept 30 was $570.2 million, higher thanReuters - 60 words
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Article78 2005-10-29 4 SING POST Group posted $103 million in revenues for the second quarter of this year, up 12.9 per rent from $91.5 million for the same period last year. It had $30.1 million in net profit, up 2.4 per cent from $29.4 million in Q2 2004. The company78 words
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Article, Illustration497 2005-10-29 4 R SIVANITHY - STOCKS R SIVANITHY Senior Correspondent WHICHEVER way you look at it, this has not been a good week for the local stock market. The technically inclined would be dismayed by the ease with which support levels were breached, while the497 words
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369 2005-10-29 4 ANGELA TAN - By ANGELA TAN COMPETITION for pre-paid card users the fastestgrowing mobile segment here has got even hotter. Singapore Telecom's Kababayan pre-paid customers can now make free International Direct Dial calls (IDD) to Globe Telecom customers in the Philippines. Besides the free369 words
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Page 5 Advertisements
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Advertisement92 2005-10-29 5 First 2 Years Free! I and get more with The BEST Cards The BEST Caid BEST-OCBC MasterCard I W puAurcc I I 5% IN AHSIICOLT I l r B€ST POINTS FOR tm aMm of I I STOREWIDE REDEMPTION M s »HSSSS I Standard BEST Cards Benefits and Privileges: I FOR92 words
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PERSONAL INVESTMENT
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Article, Illustration931 2005-10-29 6 UMA SHANKARI - Compiled by UMA SHANKARI SIA Engineering Oct 28 dose: $2.49 CIMB-GK RESEARCH. Oct 28 2Q06 net earnings rose 20 per cent y-o-y to $50 million, in line with expectations. This was driven by strong associates' income (+2B per cent) and dividend of $5.5 million from long term investments.Source: Bloomberg - 931 words
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Article1128 2005-10-29 6 For week beginning Oct 24 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS Subsantial Buy No of Price SHAREHOLDING Trans Shareholder/ Sell Shares Per Before After Stock Date Director Conv 000 Shr ('000) C000) GMG Global 27 Oct-05 Ineke Gondobintoro -Sell ***** na *****8 21.37 *****8 17. GMG Global 27-Oct-05 Mieke1,128 words
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Article, Illustration1221 2005-10-29 6 TEH HOOI LING - SHOW ME THE MONEY An analysis of data from the last 15 years or so shows that an increasing rise in M1 growth means good news for the local stock market TEH HOOI LING Senior Correspondent fN the stock market, as with horse racing,1,221 words
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BT INVESTMENT ROUNDTABLE
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Article, Illustration2204 2005-10-29 7 OVERVIEW THE local stock market has taken quite a beating in the past few months. Over the last month alone, the key Straits Times Index (STI) has fallen by more than 100 points, following Wall Street's jitters, and appears poised for2,204 words
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THE BULL RUN ALBUM
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Article, Illustration488 2005-10-29 8 It was a different kind of herd that pounded the streets of the Central Business District at last Friday's charity bull run, and bovinity was certainly not the order of the day. About 150 companies and over 2,000 participants were spotted at the event,Photos: YEN MENG JIIN, with contributions from Arthur Lee and Singapore Exchange - 488 words
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SINGAPORE NEWS
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Article, Illustration531 2005-10-29 10 NANDE KHIN - PM Lee visits city; 2 S'pore firms announce plans for more investment By NANDE KHIN in Shenyang SINGAPORE'S economic ties with the north-eastern Chinese city of Shenyang got a boost yesterday with a visit by Prime Minister Lee Hsien Loong and announcements that ComfortDelGro andLIANHE ZAOBAO - 531 words
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203 2005-10-29 10 Bloomberg [SHANGHAI] China's securities regulator, moving to boost foreign interest in equities, has approved the Government of Singapore Investment Corp (GIC) and Martin Currie Investment Management as investors in local-currency securities. The China Securities Regulatory Commission made the announcement on its Web site withoutBloomberg - 203 words
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321 2005-10-29 10 OH BOON PING - By OH BOON PING INCOMING labour chief Lim Swee Say has outlined a new initiative to help the services sector focus on best sourcing instead of cheap sourcing. The new Best Sourcing Initiative involves employers partnering outsourcing agencies in ensuring that service321 words
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Article402 2005-10-29 10 VEN SREENIVASAN - Airline in talks with Swissport and CIAS for Changi contract By VEN SREENIVASAN SINGAPORE Airport Terminal Services (Sats) expects to know by next month whether Qantas will continue to use it for passenger and baggage handling at Changi Airport. "We have been in negotiations402 words
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146 2005-10-29 10 NATIONAL water agency PUB is calling for four tenders, worth a combined $90 million. for the building of the water supply infrastructure for Marina Reservoir. The first tender civil works for the raw water pumping station and intake pipeline was called yesterday. The146 words
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615 2005-10-29 10 ALEXANRA HO - PROPERTY By ALEXANRA HO THE public housing resale market* continues to languish, with prices slipping 0.39 per cent in the third quarter fsom the second quarter. B& market watchers are not too worried, and see the sligHlt move down as a le'velling-Aiut after Q2's615 words
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444 2005-10-29 10 ARTHUR SIM - Duo's Sentosa Cove site cleared just 3 months after sale By ARTHUR SIM IN WHAT appears to be a record of sorts, the City Developments Ltd (CDL) and TID Pte Ltd consortium has received provisional permission to develop their new site at Sentosa444 words
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259 2005-10-29 10 IT'S win some, lose some for serviced residence company The Ascott Group as it announced a new management contract in Dubai while terminating other contracts there. The group secured a 10year management contract for an 84-unit serviced residence in Dubai's Jadaf area259 words
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Page 10 Advertisements
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Advertisement202 2005-10-29 10 IN THE MATTER OF THE COMPANIES ACT, CAP, 50 AND IN THE MATTER OF SANYEI CORPORATION (SINGAPORE) PRIVATE LIMITED Co. Reg. No. *****0087N (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(1) ol the Companies Act, Cap. 50 that the Final Meeting of202 words
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SINGAPORE INTERNATIONAL
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Article, Illustration1892 2005-10-29 11 CHUANG PECK MING - There are opportunities for Singapore businesses in Europe if they could carve out niches for themselves, CHUANG PECK MING finds out CHUANG PECK MING THE achievements of two Singapore companies, Tat Hui and Armstrong Industrial, perhaps embody what Europe promises for Singapore businesses. Tat Hui's Koka, Sanwa1,892 words
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Article, Illustration651 2005-10-29 12 CHUANG PECK MING - FOOTPRINTS IN EUROPE SFI is moving aggressively into the European market to take advantage of its opportunities, reports CHUANG PECK MING CHUANG PECK MING CUSTOMERS in Europe, the United Kingdom especially, already buy more than half the output of Singapore Food Industries (SFI) in terms651 words
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Article, Illustration692 2005-10-29 12 CHUANG PECK MING - Reports by CHUANG PECK MING EUROPE is a largely untapped market that will complement Univac Group's traditional and mature markets in the Asia-Pacific region and the Americas, according to Derrick Toh, the company's vice-president for market and business development. "More importantly, there is much technology leadership inSource: International Enterprise Singapore - 692 words
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Article, Illustration252 2005-10-29 12 CONSUMERS in Ireland have voted Tat Hui's Koka, Sanwa and Yoodle instant noodles the number one instant noodles in the country. The noodles are also found on the shelves of supermarkets and grocery stores in the United Kingdom, France, Holland, Denmark, Switzerland and252 words
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Article, Illustration373 2005-10-29 12 MANY European companies are relocating or expanding their operations to China, particularly the automotive sector. Major European car makers have set up plants in China, with many of these companies and Singapore firms finding that they make good partners in breaking into the Chinese, market.373 words
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Article1019 2005-10-29 13 NEIL BEHRMANN - There may be opportunities for S'pore businesses in Europe in the future but caution should be the watchword, writes NEIL BEHRMANN NEIL BEHRMANN THK continental European economy is a potential powerhouse for Asian investors and exporters. But it is currently underperforming because of corporate and1,019 words
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Article, Illustration1387 2005-10-29 13 CHAN LI HAN - LETTER FROM LONDON If she were to leave the UK capital, what she would miss most would be its way of life, says CHAN LI HAN in her diary CHAN LI HAN Oct 5, Wednesday I'VE successfully become immune to severe delays1,387 words
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Article, Illustration1809 2005-10-29 14 WOLFGANG HUMMEL - German SMEs can reduce their risks in China by using service providers in Singapore, says WOLFGANG HUMMEL WOLFGANG HUMMEL GERMAN firms are increasingly looking to Asia, which offers high growth rates, large markets and low labour costs. Thanks to cheaper transport and communication costs, anBLOOMBERG - 1,809 words
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Article, Illustration577 2005-10-29 14 CHUANG PECK MING - Sweden potential in three areas for S'pore investors By CHUANG PECK MING KAI Hammerich, the man in charge of selling Sweden to foreign investors, has identified three areas where Singapore can bet its money on in the country life sciences, information and communication technology (ICT) and venture capital. "The proportionBLOOMBERG - 577 words
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Page 11 Advertisements
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Advertisement38 2005-10-29 11 This monthly series on Singapore companies overseas is jointly brought to you by The Business Times and IE Singapore IVie Business times i^jj The next in the series will focus on China. It will appear on Nov 2638 words
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Page 13 Advertisements
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Advertisement118 2005-10-29 13 I International Enterprise Forum (lEF) ij Asia's premier event on internationalisation. Themed "The Globalisation x jjß,^ of Asian Enterprise", lEFO6 will shed light on the strategy of bringing local businesses to the world. :9 Speaking for the first time in Southeast Asia, renowned international business guru Ram Charan will share118 words
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MALAYSIA/INDONESIA
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Article, Illustration379 2005-10-29 15 From net profits of RM85.74m last year, it dived into a RM480m net loss AFP IKUALA LUMPUR] Malaysia's first-ever Islamic bank yesterday vowed to search out and prosecute those responsible for US$l27 million in losses as the issue threatened to turn into a majorAFP; NSTP - 379 words
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187 2005-10-29 15 Reuters IJAKARTA1 Indonesia's largest automotive firm, PT Astra International Tbk, posted a 12.6 per cent rise in net profit for the first nine months of 2005, helped by strong vehicle and motorbike sales growth. Astra said yesterday. Indonesians are buying vehicles andReuters - 187 words
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Article164 2005-10-29 15 AFP [JAKARTA] Indonesian police yesterday said they had arrested the former head of their economic crime squad for allegedly receiving a bribe while investigating a multimillion dollar state bank fraud. BG Samuel Ismoko was handed an arrest warrant on Thursday, said national police spokesman SunarkoAFP - 164 words
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BRIEFLY ASIA
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77 2005-10-29 15 Reuters [BEIJING] Industrial and Commercial Bank of China (ICBC), China's biggest commercial bank, yesterday reported an 11 per cent jump in operating profit in the first nine months, as it created a listing unit in preparation for a public share offering within aReuters - 77 words
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57 2005-10-29 15 Bloomberg IMUMBAI] India's Sensitive Index fell, posting its longest string of weekly losses in more than three years, on concern overseas investors turned net sellers for the first time in five months. The benchmark Sensex fell 112.85, or 1.5 per cent, to 7,685.64 atBloomberg - 57 words
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Article53 2005-10-29 15 Reuters [SHANGHAI] Minsheng Banking Corp, China's first private bank, posted a 52 per cent surge in third-quarter earnings yesterday as strong loan growth offset a nationwide credit clampdown. Minsheng earned 723.96 million yuan (Ssl 51.5 million) from July to September versus 477.62 million yuan aReuters - 53 words
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Article5616 2005-10-29 15 UNIT TRUSTS FUNDS cmBond spore A/$ mw CitiBond Spore B/$ 1.341/ AHm Imrn AccaI Mnt (c'niwal Cltl Motley SGD ClaSS A 1031* s£T( 0 «2V *"9^ ClassB 1 sShXeffa 1237/ Cit, Pan-Europe Equity fund 1 28/ 1 \jqj CrtiSeleclAwT.ltBalanced 1.4II £MSe«..z=z==.ftiS I™ 1-912 cm Global Healthcare fund 0.96/ 1™ Citi5,616 words
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Page 15 Advertisements
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Advertisement36 2005-10-29 15 PIMCO Total Return Bond Fund Winner of the Morningstar Asia Fund Manager of the Year 2004 AlliailZ (fij) for North America Fixed Income and rated 5-star by Mercer Investment Consulting. Global investors company regn. no *****7169Z36 words
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INDIA
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Article, Illustration654 2005-10-29 16 ANGELA TAN - SingTel says again that it's keen to own bigger stake in Indian telco By ANGELA TAN [SINGAPORE] Vodafone has joined Sing Tel as a substantial shareholder in Bharti Tele Ventures Ltd (BTVL), the Indian telephone company announced yesterday. Vodafone, the world's biggestFILE PHOTO - 654 words
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Article8482 2005-10-29 16 Transaction date: Oct 28 52-Wk Id Last Vol Day Last Quote GrOiv Div GrVtd Net MCap High low Coda Company Sale ('000) High Low »uyw SaNf S Cw Wt jgi 8 2 5716 1st Software Sc...- 3 unch 6 3 2.5 2.5 3 12.1 25 6 5 31488,482 words
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451 2005-10-29 16 [MUMßAl] Singapore investment company Temasek Holdings yesterday said that its financial unit may set up a non-banking financial institution in India to tap thafmarket's growing demandrfor loans, Bloomberg reported. The upit, called Asia Financial foldings, which holds Teinasek's banking assets outside Singapore,451 words
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GREATER CHINA
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Article, Illustration452 2005-10-29 17 They say China is worried that any further gains would derail economy Bloomberg [BEIJING] China is unlikely to revalue the yuan further ahead of next month's planned visit by US President George W Bush, according to Shanghai-based analysts at Standard Chartered Bank and Evolution Securities ChinaBloomberg; AFP - 452 words
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Article7045 2005-10-29 17 Transaction Date: Oct 28 MOST ACTIVE STOCKS VOLUME VALUE CapitalandCSeCW***** 31.745.000 DBSGrp 87.007.500 UniFiber 10c 30.441.000 Keppel Corp 50c 43.847.500 GlobalVoice 5c 23.827.000 CapitaLand 43.490.880 SingTel 15c 18.405.000 SingTel 15c 43.055.128 SI A CS eCW*****8 16.490.000 SIA50c 41.319.305 CapitalandDBeCW***** 15.343.000 QCBC8lc50c 26.806.000 STATSChP 25c 14.400.000 UOB 24.084.800 CapitaLand 13,984.0007,045 words
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170 2005-10-29 17 Bloomberg [LONDON] China National Petroleum Corp (CNPC) claimed rights to a Kazakh oil field bought by Russia's OAO Lukoil as their fight for oil and gas assets in Kazakhstan heats up. CNPC, the nation's largest oil company, is claiming pre-emptive rights to buyBloomberg - 170 words
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ASIA-PACIFIC/WORLD
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Article, Illustration378 2005-10-29 18 Company intent on improving ad revenue from MSN portal, says CFO LAT-WP [NEW YORK] Microsoft Corp said on Thursday that demand for its Windows operating system boosted fiscal first-quarter profit 24 per cent, but said secondquarter earnings would trail Wall Street expectations. TheLAT-WP; AP - 378 words
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134 2005-10-29 18 Bloomberg [SEOUL] Microsoft Corp said it may pull out of South Korea if local antitrust regulators order the company to remove media player or messenger code from its Windows operating system. If Korea's Fair Trade Commission "enters an order requiring Microsoft to removeBloomberg - 134 words
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307 2005-10-29 18 NYT [NEW YORK] With bonus season approaching, Morgan Stanley is taking steps to restrict its star bankers from jumping to competitors. In coming days, the firm will ask its top executives to sign contracts requiring that they wait three to sixNYT - 307 words
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360 2005-10-29 18 AFP [WASHINGTON! That co-worker staring, eyes scrunched up, at his computer monitor may look like he's sweating through another hard day's work. But he just might be one of the growing number of office jockeys who, according to new research, have their mindsAFP - 360 words
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Article217 2005-10-29 18 Bloomberg [NEW YORK] Citigroup Inc. JPMorgan Chase Co and 12 other banks will pay US$639 million to settle claims that they should have uncovered World Com Inc's accounting fraud, before selling its bonds, investors' lawyers said yesterday. The settlement with 65 retirement funds is separate fromBloomberg - 217 words
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WORLD WATCH
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78 2005-10-29 18 Reuters [TOKYO] Japanese Prime Minister Junichiro Koizumi will reshuffle his cabinet on Monday, political officials said yesterday a move that will be closely watched for clues to his successor. Mr Koizumi, who led his Liberal Democratic Party to a landslide election win last month andReuters - 78 words
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78 2005-10-29 18 Bloomberg (TOKYO] Japan's industrial production rose less than expected as rising fuel prices heightened concern among manufacturers that export demand may slow, signalling the pace of growth in the world's second-largest economy may ebb. Industrial production climbed an adjusted 0.2 per cent inBloomberg - 78 words
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96 2005-10-29 18 Bloomberg [LONDON] GlaxoSmithKline and AstraZeneca, the UK's two biggest drugmakers, raised their earnings targets for this year as sales of older treatments for asthma and ulcers helped'them beat analysts' third-quarter profit estimates. Glaxo is now targeting "mid-teens" percentage growth for full-year earnings per share, upBloomberg - 96 words
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112 2005-10-29 18 Bloomberg [NEW YORK] SBC Communications, the second largest US telephone company, said it will take the name AT&T Inc once its US$l6 billion takeover of AT&T Corp is complete. A new AT&T logo will be unveiled once the takeover is in effect laterBloomberg - 112 words
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62 2005-10-29 18 Bloomberg [TOKYO] Matsushita Electric Industrial Co, the world's biggest consumer electronics maker, posted a larger-than-expected 32 per cent jump in its second-quarter profit on demand for plasma TV sets and digital cameras. Net income rose to 31 billion yen (*****.7 million) in theBloomberg - 62 words
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336 2005-10-29 18 Read my lips and in any language Instant human speech translation now a reality AP [PITTSBURGH] Imagine this: You want to say something quietly in Spanish to a co-worker during a meeting, but you don't speak Spanish. So you simply mouth the words in English, without uttering a sound, andAP - 336 words
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Page 18 Advertisements
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Advertisement944 2005-10-29 18 Sp IB ~vnr4T*r>4o* L -1 advafiffce SCTSmrted ADVANCE- SCT LIMITED (Company No: *****4283 C) (Incofporated in the Republic of Singapore on 8 April 2004) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an EXTRAORDINARY GENERAL MEETING ("EGM") of the Company will be held at 16 November 2005 on944 words
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MOTORING
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Article, Illustration753 2005-10-29 19 SAMUEL EE - Honda has managed to inject some sportiness into its new Civic Hybrid. SAMUEL EE reports SAMUEL EE THE new Honda Civic Hybrid may have innovations that further scrimp on petrol but it is the element of sportiness that makes it so much more desirable than the old753 words
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Article, Illustration476 2005-10-29 19 SAMUEL EE - By SAMUEL EE HONDA calls it the model that defines the company. So it should come as no surprise when Japan's No 3 car maker reveals its ambition to push its latest Civic model not only to the top of its segment but beyond it. The476 words
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BRAVE NEW WHIRL
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Article82 2005-10-29 19 SHEI.I. is launching its "Shell Fuel Stretch Challenge" on Nov 13 to find Singapore's most frugal motorist. About 200 teams will complete one of two assigned routes using the least petrol. They will compete in three categories of cars below one litre, between one and two82 words
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Article93 2005-10-29 19 TMF. Uimborghim Gallardo Spyder has been named "The World's Most Beautiful Car 2005" in the sports car category. The Italian beauty was selected by an international jury of designers, car and art historians and specialist journalists. Appropriately, the decision was made in the fashion capital of Milan93 words
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Article, Illustration104 2005-10-29 19 MERCEDES-BENZ says its F6OO Hygenius Research Vehicle (above) has styling that is symbolic of driving pleasure and clean energy, and will herald the future of motoring as envisioned by the brand with the three-pointed star. The research vehicle, with advanced fuel cell drive, was penned by104 words
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Article94 2005-10-29 19 SAMUEL EE - Compiled by SAMUEL EE HONDA Diracc has opened a new car port at HDB Hub in Toa Payoh, bringing the number of ports to 13. The car-sharing service uses a fleet of environmentally friendly petrol-electric Civic Hybrid cars, which will be increased by 10 cars94 words
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Page 19 Advertisements
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Advertisement2178 2005-10-29 19 BIOTON S.A. Conditional Agreement for Purchase of an Approximately 18.2% Equity Interest in SciGen Ltd by Bioton S.A. 1. Introduction 1.1. The Management Board of Directors of Bioton S.A. ("Bioton") wishes to announce that Bioton has entered into a conditional agreement dated 27 October 2005 with '1 Scitech Genetics Pte2,178 words
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GOLF
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Article, Illustration1070 2005-10-29 20 JUSTINE MOSS - JUSTINE MOSS checks oat some new must-haves for the avid player JUSTINE MOSS GONE are the days when adding to your golf gear merely meant stocking up on a few balls and tees and switching to the latest titanium driver or two-ball putter. Today, there's so1,070 words
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Page 20 Advertisements
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Advertisement1405 2005-10-29 20 [(^SUNTEC Real Estate Investment Trust NOTICE IS HEREBY GIVEN THAT the Transfer Books and Register of Unitholders of Suntec Real Estate Investment Trust ("Suntec REIT") will be closed at 5.00 p.m. on 10 November 2005 for the purpose of determining unitholders' entitlements to the Suntec REIT's distribution. Suntec REIT has1,405 words
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WELLNESS
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Article, Illustration576 2005-10-29 21 CHEAH UI-HOON - The exercise machine, the first of its kind in Asia, is so versatile users can do 250 different kinds of exercises with it. CHEAH UI-HOON reports CHEAH UI-HOON OR gym equipment buffs who're always looking for the next new machine, there's now the Kinesis "revolution"576 words
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437 2005-10-29 21 NGIAM YING LAN - By NGIAM YING LAN THIN is in, or so we should think, going by media messages to be slim or lose weight which we're bombarded with today. A concept which, when taken to the extreme, triggers a worrisome health problem of anorexia nervosa (AN)437 words
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Article2390 2005-10-29 21 vol General Corp 0.41 0.01 28 Oct 28 RM COOP) Genting .20 50 -010 1267 George Kent .0.58 unch 49 A»M Realty 160 unch 0 GHL Systems .0.10 unch 335 Abric ...0.90 -0.01 4 Globetfonia Tech 0.27 unch 1102 ACP industries 0.63 unch 4 GlomacBhd 1.19 unch 1372,390 words
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Page 21 Advertisements
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Advertisement42 2005-10-29 21 PT3 u -I C |+U U J HMD THE ONES THAT FIT! 1 MXt, cV Recruit the right people through CATS Recruit. v \y~ i L Call 1800.289 8822 or email to advertise. -J h i s o rs r' "X) uA-^Mll42 words
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Page 21 Miscellaneous
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Miscellaneous102 2005-10-29 21 CRYPTIC CROSSWORD y take part, gold receiver (8) Piglike monster in tree. (7) 20 Gleaming river entering bay 21 VMaStaking 1 nearl^every^ 27 not in home YESTERDAY S SOLUTION l^|tßP||[| 28 Reposing? (11) top, Fowl, 14 Freudian slip, 18 Time and agajfj, 21 Iran, 22 Provi- Lighterman, 4 Tease, 5102 words
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SHOPPING
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Article, Illustration1552 2005-10-29 22 CORINNE KERK - Singapore aims to become a regional hub for handknotted carpets, says CORINNE KERK CORINNE KERK EDMUND Rajendra has an interesting story to tell about a particular carpet. The managing partner of Eastern Carpets once had a client in the US who spotted a group of children using aARTHUR LEE - 1,552 words
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Article, Illustration148 2005-10-29 22 Carpets can be broadly divided into three main groups city, tribal and village City carpets THESE are the most intricate carpets and often come in flora! designs with a silk or wool (or combination) pile and a silk or cotton foundation. Tribal carpets MADE from148 words
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PERSONAL SPACE
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Article, Illustration1110 2005-10-29 23 CHEAH UI-HOON - CHEAH UI-HOON peeps into a digitised living apace where the Media Centre blurs the line between work and play CHEAH UI-HOON CALL HIM the wired-up guy. The highly wired-up guy, in fact. Though this most definitely isn't a reflection of Colin Png's personality but that ofYEN MENG JIIN - 1,110 words
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Page 23 Advertisements
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Advertisement909 2005-10-29 23 wine&dine withweekendBT Azuma Japanese Restaurant birthdays, registration of marriages or baby's full-month regions. Diners Club Cardmembers enjoy 1 -for-1 main course. Plaza Market Cafe #03-01 Cuppage Plaza. Tel: 6738 9395 celebrations, you get a 10 per cent discount Price: Level 2, Raffles The Plaza. Tel. *****156 Relax with a meal909 words
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THE BUSINESS TIMES weekend
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Article, Illustration2223 2005-10-29 24 CHEAH UI-HOON - Independent chefs opening small and personalised eateries seems to be a growing trend. CHEAH UI-HOON speaks to four new 'kids' on the block CHEAH UI-HOON JACKYYU Xi Yan Private Dining 81 Craig Road Tel: 6220 3546 Dinners by appointments only WITH a successful foray into Singapore's crowdedCHRIS LOH - 2,223 words
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Page 24 Advertisements
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Advertisement5 2005-10-29 24 SHOPPING ftfjfcg Magical carpets §§^§§3^'5 words
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