The Business Times, 22 November 2005

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Total Pages: 34
1 34 The Business Times
  • 15 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asial.com.sg MICA (P) 089/03/2005 Tuesday, November 22,2005
    15 words
  • 831 1  -  JTC to divest 2.6m sq metres of industrial property, let go of Ascendas, Jurong Int'l By SIOW LI SEN, ARTHUR SIM [SINGAPORE] The government will exit the business of developing industrial land and divest properties worth hundreds of millions of dollars. It announced yesterday
    Source: JTC  -  831 words
  • 136 1 STI 2.282.50 (-10.70) ST INDEX FUTURES 2,284.00 (-11.00) SIMSCI 270.40 (-1.53) SIMSCI FUTURES 269.90 (-2.00) MARKETS Monday Change KLSE COMP 906.24 +4.52 NIKKEI 225 14,680.43 +57.31 HANG SENG 14,885.57 +2.25 SET INDEX 672.06 -4.35 JAKARTA COMP 1,062.46 +7.47 MANILA COMP 2,126.56 +46.58 SEOUL COMP 1,268.80 -3.45 SHENZHEN B
    136 words
  • 498 1  -  Temasek is likely to commit to a smaller share By WONG WEI KONG [SINGAPORE] Oil giant BP is set to take a substantial interest in embattled China Aviation Oil (Singapore), with Singapore investment company Temasek Holdings taking a smaller stake under a
    498 words
  • Page 1 Advertisements
    • 31 1 SME SPOTUGHT How to raise your brand profile W I Mtl pB IHHffl BB PROPERTY A look at the state of the property markets in Malaysia, Thailand, Indonesia and India P6SI7-20
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    • 12 1 V t 4 BIG business China's digital k t revolution 8 111
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    • 57 1 v Jk CORPORATE NEWS I SingPDst chairman f halves stake in company U- N5 l -i# w. M %1 4 .i -1 CONRAD RAJ: S6X should heed ite own advice PG 5 i i_ .ji In# Wrwflln^^^^M mmgfl] 1 ■oc JHHb ///■|HBHH^^2 fliß*iiHk I nO^HI "®*l K» III! K^proffyKwJ W
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  • TOP STORIES
    • 739 2  -  Staff needed to cope with growth in regional business over next two years By SIOW LI SEN [SINGAPORE] ÜBS, the world's biggest private bank, could hire as many as 1,000 new people for its Asia-Pacific wealth management business over the next two
      ARTHUR LEE  -  739 words
    • 562 2 Temasek in the hunt to buy of the top 10 banks in Taiwan, adding to its purchases of*stakes in Chinese lenders. Temasek spokeswoman Eva Ho confirmed a report in Taipei's Commercial Times that a unit of Temasek plans to acquire a major Taiwanese bank. The report did not
      562 words
    • 554 2  -  Switzerland's Pictet studying S'pore as its Asian centre By GENEVIEVE CUA [SINGAPORE] Swiss bank Pictet Cie, one of the world's oldest private banks, is looking to Singapore as the base for its Asia Pacific expansion, said managing partner Ivan Pictet. In Pictet's books, Asian
      554 words
    • 750 4  -  Manufacturing should be promoted as a second engine By CHEN HUIFEN in New Delhi INDIA cannot become a major economy through services alone and should look at manufacturing as a second engine to narrow its gap with China, Minister Mentor
      RAKESH SAHAI  -  750 words
    • 381 4 Bloomberg [TAIPEI] Singapore investment company Temasek Holdings plans to buy one of the top 10 banks in Taiwan, adding to its purchases of stakes in Chinese lenders. Eva Ho, a spokeswoman at Temasek, in an e-mail confirmed a report in
      Bloomberg  -  381 words
    • 366 4  -  By UMA SHANKARI [SINGAPORE] Homegrown Rockeby biomed, which this month launched kits that detect avian flu in birds and humans in 10 minutes, said yesterday that the kits have generated considerable interest worldwide. Rockeby also confirmed it has received the first
      366 words
  • Page 2 Advertisements
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      63 words

  • Page 3 Advertisements
    • 251 3 ©2005 Samsung Electronics Co. Ltd. Screen images are simulated. AB| imagine a phone that lets you B9i harness the power of business. Imagine an ultra-sleek phone that has a 2-Megapixel camera with flash, 262Kcolour QVGA TFT-LCD screen, views documents, connects to your TV for stunning presentations, and even prints wirelessly.
      251 words

  • Page 4 Advertisements
    • 920 4 NOTICES IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF MATSUSHITA GRAPHIC COMMUNICATION SYSTEMS (S) PTE LTD (IN MEMBERS'VOLUNTARY LIQUIDATION) (Company Registration No. 1987V2085M) NOTICE OF FINAL MEETING Notice is hereby given that, pursuant to Section 308 of the Companies Act, Chapter 50, the Final
      920 words
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  • COMPANY NEWS
    • 437 5  -  Sale was part of his investment management: SingPost By MICHELLE QUAH SINGAPORE Post chairman Lim Ho Kee has slashed his stake in the company by half. Mr Lim sold four million Sing Post shares on the open market at an average price of
      437 words
    • 540 5  -  HOCK LOCK SIEW By CONRAD RAJ IN A REGIME where the caveat emptor principle of let the buyer beware prevails, full disclosure must also be provided. This applies not only to the companies listed on the Singapore Exchange (SGX) but also to the Exchange
      540 words
    • 533 6  -  Full-year earnings fall 19% to $35m as turnover dips 12% to $379.52m By ANGELA TAN MFS Technology yesterday reported a 38 per cent year-on-year drop in net profit to $8.45 million for its fourth quarter ended Sept 30. The earnings fall followed
      533 words
    • 236 6  -  By ALEXANDRA HO THE highest bidders for the residential site at Alexandra Road and Tiong Bahru Road Capita Land's CRL Realty and Indonesia's Lippo Group International have been awarded the tender by the Urban Redevelopment Authority. The 50/50 joint venture partners bid close
      236 words
    • 289 6  -  By CONRAD TAN CAPITALAND the property group that was formed in November 2000 from the merger of Pidemco Land and DBS Land celebrated its fifth anniversary last night by setting up a charitable outfit and donating $200,000 to a children's cancer foundation.
      289 words
    • 4487 6 UNIT TRUSTS FUNDS otl Money Sing Dollar Class B 1.0863/ Citi Pan-Europe Equty Fund 129* la,. u,,. CitiSelect Asia Tilt Balanced 1.47/ toEuowEoSr 5 08S3/ CitiSelect Asia Tit Growth 1.4V XeEESK CitiSelect Asia Tilt EnhGrlh 1.38/ SEEEE HS2 OtiSelecl Global Growth 12/ S25Si=: Citi Global Healthcare Find 0.98/ S^fiJ5f E(W
      4,487 words
    • COMPANY BRIEFS
      • 107 8 COURAGE Marine Group's wholly owned subsidiary, Courage Marine (Holdings) Co Ltd (CMHC).has entered into a deal to acquire Pointlink Investment Ltd. The latter had earlier entered into a memorandum of agreement to purchase a Handysize vessel, the Jag Radha, for US$7.B5 million. Pointlink had paid
        107 words
      • 63 8 MENTOR Media has entered into an agreement with Hebei Zhengyuan Packaging Group Co Ltd to establish a joint-venture (JV) company, Inpac Mentor (Tianjin) Co Ltd. The JV will be incorporated in Tianjin, China, with a registered share capital of US$l million. Mentor and Hebei
        63 words
      • 47 8 SCIENTIFIC and analytical instrument and equipment specialist T echcomp (Holdings) Ltd has won more than US$5 million worth of orders in public health care projects. The projects are for the improvement of the laboratory facilities of the Centre for Disease Control in China.
        47 words
    • 301 8 Q3 profit falls 29% as fuel, operating costs increase Bloomberg [HONG KONGJ Shares of Star Cruises Ltd, Asia's biggest cruise line operator, fell in Singapore and Hong Kong after the company posted a decline in thirdquarter profit because of higher costs. Profit
      Bloomberg; FILE PHOTO  -  301 words
  • Page 5 Advertisements
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  • Page 6 Advertisements
    • 44 6 AllianzGl Global Internet Fund Winner of the Sector TMT Global (3Year) Category' AllictllZ (jjj) and Best Equity Sector Information Technology Fund over 1 Year** Global investors Source: Standard Poor's 2005 Singapore Fund Awards **The Fdge-I ipper Singapore funds Awards ?()04 company regn no *****7169Z
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  • Page 7 Advertisements
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      440 words

  • Page 8 Advertisements
    • 471 8 (oiitiiiental ryes Engineered 111 Germany Continental is all about World Class Performance Continental is on Official Partner of the 2006 F IF A World Cup V 4 BRING HOME A F RF E CONTINFNTAl. SOCCf: R B A1.L fk AUTOGRAPHED BY AL A M S H A H W IT
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  • FOCUS: CORPORATE AWARDS
    • 1411 9  -  A CFO's role has grown in stature and importance and it's time to honour those who do their job well, says MICHELLE QUAH MICHELLE QUAH As companies increasingly recognise the need to maintain the trust of investors, the role of a chief financial officer
      1,411 words
  • Page 9 Advertisements
    • 132 9 The Singapore Corporate Awards (SCA) comprise the existing Best Managed Boards Award and the Annual Report Award, as well as the Best Investor W* Relations Award and the Chief Financial Officer of the Year Award. f SCA is organised by The Business Times in collaboration with ÜBS and supported by
      132 words
    • 82 9 Jjjf /O "O I I \m[ w| Smg §gf/m I Jm en h j# pi j I yr/f2 SH Chia Hj nk( b Br ,p Bj m '"'WP*? 5 B IBi &tk ABfc* |D ■"■f rjPf I iVfVi /f C'rcusct and Scrndes products in our lucky draw for participants of
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  • SINGAPORE MARKETS
    • 518 10  -  STOCKS Reits sector takes a beating on concern about rising interest rates R SIVANITHY Senior Correspondent OIL prices giveth but Hong Kong may taketh away. At least that's what it seemed like in yesterday's session, when the Straits Times Index first raced off above
      Source: Bloomberg  -  518 words
    • 478 10  -  TRADES TO WATCH By UMA SHANKARI ANG SengThor, whose appointment as executive director of AEM-Evertech Holdings was recently terminated, has ftirther trimmed his stake in the company. A filing to the stock exchange yesterday showed that last Friday Mr Ang sold 3,655,000 shares on
      478 words
    • Article, Illustration
      435 10 OTHER SINGAPORE INDICES Nov 21 VALUE CLOSE BT OB/OS -281.00 -20.00 BT CADI -*****.00 -101.00 BT 10-day MA -*****.00 -28.00 All-SG Equities 580.83 -2.58 SG Equities Elect 122.49 -1.62 SG Equities Fin 1692.39 -2.06 SG Equities Prop 693.40 -5.39 SIMSCI 270.40 -1.53 SiMSCI Futures 269.90 -2.00 MOST ACTIVE STOCKS VOLUME
      435 words
    • Article, Illustration
      1021 10  -  Compiled by UMA SHANKARI Ascendas Reit Nov 21 dose: $1.85 KIM ENG RESEARCH. Nov 21 A-reit has acquired PSB Science Park Building for $35 million. The 5-storey building with 226,733 sq ft of net lettable area will expand the group's portfolio to 13.2 million sq ft worth $2.7
      Source: Bloomberg  -  1,021 words
    • 530 10  -  CURRENCIES LARRY WEE Senior Correspondent UNEXPECTEDLY hawkish remarks from European Central Bank chief Jean-Claude Trichet late last week fed fears of a eurozone rate hike as soon as next week, and triggered a turnaround in fortunes for the euro. In turn, the euro's pull-back to
      530 words

  • SINGAPORE NEWS
    • 559 11  -  YESTERDAY IN PARLIAMENT Changes in requirements for info disclosure to competition body By NANDE KHIN AVOIDANCE of self-incrim-ination can no longer be used as an excuse for people or companies involved in or privy to anti-competi-tive acts refusing to disclose information to the Competition
      559 words
    • IN BRIEF
      • 166 11 SINGAPORE is open to allowing more airlines to fly the Singapore-Kuala Lumpur route, Minister of State for Transport Lim Hwee Hua said. "Singapore is prepared to allow other carriers froip both countries to operate on the Singapore-KL route as well as to other
        166 words
      • 141 11 LEGISLATION to provide for a new regulatory framework for payment systems and stored value facilities (SVFs) like the Nets card or ez-link was introduced in Parliament yesterday. The proposed Payment Systems (Amendment) Bill provides the Monetary Authority of Singapore with information and regulatory powers over
        141 words
      • 116 11 SINGAfc>RE may consider producing flu vaccines locally to help the country cope in case of a flu pandemic, said Health Minister Khaw Boon Wan. He said that if there is a flu pandemic, the key weakness in Singapore and many other countries is the
        116 words
      • 121 11 THE Bills to corporatise the National University of Singapore and the Nanyang Technological University were passed in Parliament yesterday. The universities are currently being run as statutory boards but wh,en they are corporatised, they will have greater autonomy and will be run as not-for-profit
        121 words
    • 206 11 AS the pace steps up in the race to build Singapore's first integrated resort (IR) at Marina Bay, Hong Kongbased Melco International which is collaborating with Australia's Publishing Broadcasting Ltd (PBL) says it is looking to boost its planned investment to match that of
      206 words
    • 318 12  -  By OH BOON PING THE domestic wholesale trade index surged 20.5 per cent in the third quarter over the same .period last year, led by ship chandlers and bunkering and the higher wholesale trade in petroleum and petroleum products. This comes as wholesale trade
      318 words
    • 135 12 Reuters [SINGAPORE] Singapore investment company Temasek Holdings has hired investment banks to review options for the privatisation of its multi-billion dollar power generation assets, sources said yesterday. The hiring of CSFB and Morgan Stanley means Temasek is pushing ahead with the long-delayed privatisation
      Reuters  -  135 words
    • 524 12  -  By SIOW LI SEN PIRACY-buster Alban Kang may be the feared lawyer who helps clients seize counterfeits or sue users of pirated goods, but he does not believe in putting schoolboys behind bars for downloading films illegally. "When dealing with consumers, the better approach is
      524 words
    • 253 12 AdAsia 2005, a congress of advertisers and marketers, opened yesterday with 1,200 local and foreign delegates in attendance. During the three-day conference, which ends tomorrow, participants will hear speeches and attend panels featuring 44 industry personalities, such as Christopher Graves, AsiaPacific president of Ogilvy
      253 words
    • NEWS ROUNDUP
      • 88 12 TRADE and Industry Minister Lim Hng Kiang will be meeting Thailand's Deputy Prime Minister Somkid Jatusripitak at the second meeting of the Singapore-Thailand Enhanced Economic Relationship in Bangkok, held today and tomorrow. The two countries' ministers are expected to discuss ways to foster a closer bilateral
        88 words
      • 88 12 NANYANG Technological University's president Su Guaning has been conferred the title of Chevalier of the Legion of Honour by the French government for his contributions in promoting ties with France in the scientific, academic and military fields. Examples of such partnerships include a memorandum of
        88 words
  • Page 11 Advertisements
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  • Page 12 Advertisements
    • 158 12 Call for Nomination Mr—ta—fc My Pabular*: The SCA Best Investor Relations and the Chief Financial Officer of the Year Name: Name: Awards categories are open for nomination. Pick up your pen now. Designation: Designation: Best Investor Relations Award Presented to deserving listed Company: Company: companies which embody the spirit of
      158 words

  • SMEspotlight
    • 728 13  -  Before spending its advertising dollar, a company must have a clear idea of the brand promise, says consultant. CONRAD TAN reports CONRAD TAN THERE is no shortcut to building a brand. Startups and young companies need to understand what their brands represent, before investing
      728 words
    • 269 14  -  By NANDE KHIN YOU do not need to be a big company with lots of resources to be socially and environmentally responsible this is definitely an area where small is good. This is the message that HSBC wants to bring across with its series of
      269 words
    • 733 14  -  A recent survey shows most SMEs had profit margins of only 0-5% in 2004. UMA SHANKARI reports UMA SHANKARI PROFIT margins for smaller businesses here were generally in positive territory last year although often only narrowly, according to findings from a recent survey. Companies in the
      733 words
    • 691 14  - Making a difference with packaging SMALL CAPS By ANGELA TAN MORE often than not, presentation can be as important as the product itself although this is not always recognised in China. But Southern Packaging Group founder and president Pan Shun Ming is changing the way packaging is looked at there,
      ARTHUR LEE  -  691 words
    • 309 14  -  By TEH HOOI LING OUR small-cap portfolio fared rather well in a week when the general market for small-cap stocks retreated. As the UOB Sesdaq Index weakened almost 2 per cent, our portfolio eked out a 0.2 per cent gain. Our biggest gainer in the
      309 words
  • Page 13 Advertisements
    • 189 13 I!| J j H M I S < J fi II I I &X£SME j II Certified Public Accountants of Singapore f J 7 r I J.i i i i i t J m-st-vtLT -¥-«s.ir-r SINGAPORE CHINESE CHAMBER OF COMMERCE 4 INDUSTRY I I SMaJ J£// j Singapore Manufacturers' Federation
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    • 383 13 I fl iB» fl vH H^H I Kt. «tjg| w*HL i V Q: What is "Global Wealth Structuring" (GWS)? >4: It is planning how to hold your assets to preserve, protect and ultimately transfer the value of your life's achievements to the people and causes you care for. GWS helps
      383 words


  • ECONOMY WATCH
    • 582 15 Reuters, Bloomberg [TOKYO] Russian President Vladimir Putin, stressing economic ties with Japan rather than a 60-year-old territorial row, urged Japanese investors yesterday to put more money into Russia's economy and to be more pragmatic in their approach. Speaking ahead of talks with Japanese Prime
      Reuters,; Bloomberg; AFP  -  582 words
    • 559 15 Q3 GDP figures will give clearer picture of economy: central bank governor Reuters [KUALA LUMPUR] Malaysia will adjust its monetary policy if economic growth picks up and inflation stays high, the central bank said yesterday, in what economists said is an
      Reuters  -  559 words
    • 452 15 Bloomberg [TOKYO] Japan's economy is expanding as companies, backed by rising profits, are increasing investments and consumer spending is improving, the government said in its November monthly economic report "The economy is recovering at a moderate pace," the Cabinet Office said in a report
      Bloomberg  -  452 words
  • Page 15 Advertisements
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  • Page 16 Advertisements
    • 64 16 jjfln 'ir £*M~-'". I I f All BP I fr w ..;Ji fl in »t ,-t I V> •La 4 I -^alsigaß^l^^—rerm f; jf-i > V ?<*£ > 'f 5 14 HHIHH ■Sv 1 1 I T -r 3 v-\*:4t, S 'i «li3<Sn%K >- UH |K." ■i v ;JS*' Lh
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  • SMART PROPERTY EXPO
    • 1005 17  -  However, niche property and the upmarket segment still attract serious investors, reports PAULINE NG PAULINE NG [KUALA LUMPUR] For the past five years or so, the Malaysian property market has been in expansionary mode, riding on the back of a pent-up demand for real estate.
      FILE PHOTO; Source: National Property Information Centre  -  1,005 words
    • 147 17 AFTER two successful shows in Hong Kong, the third Smart International Property Expo will be making its debut in Singapore with more luxurious properties and attractive investment opportunities from around the world including Australia, Malaysia, Thailand, Indonesia, the UK and Dubai. The weekend expo will
      147 words
    • 940 18  -  However, the glut that led to the 1997 financial crisis is unlikely to recur, says MANJUSHA DEVI MANJUSHA DEVI BANGKOK] Soaring oil prices, rising interest rates and inflation are taking a toll on the robust Thai property sector with most developers looking for flat growth
      BLOOMBERG; FILE PHOTO  -  940 words
    • 875 19  -  Escalating fuel prices and interest rates are starting to take a toll on condo launches, reports shoes kagda SHOEB KAGDA [JAKARTA] Indonesia's condominium developers, who until recently enjoyed buoyant sales and soaring demand, are beginning to put the brakes on new projects until the
      Source: PT Procon Trade; AFP  -  875 words
    • 859 20  -  Property prices are likely to keep climbing at around 10 per cent per annum, reports ASHOK KUMAR ASHOK KUMAR INDIA'S real estate market has been booming, with most cities recording an annual price appreciation of 10 per cent. Several factors have fuelled the growth, from
      859 words
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  • Page 18 Advertisements
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  • Page 19 Advertisements
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  • Page 20 Advertisements
    • 206 20 €s I rf S"* B I bumJ* 1\ ImHH' I I £TI! Mfj l-H A IVATj IS SH kJ£U wI HHmilftMCJ IW KM «I*ltl IA ftl EwEm Tr VWWHentaae I rorucnong imHMMb Toipon I h lU- j\ K*g\ I a i i\\ I WIWSBTCTi«I Mae; j itn/iVM la WW WAI
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    • 397 20 ADVERTISEMENT Foreign Land Titles, Bank Loans, Fuel Bali Real Estate Bali, 22/11/2005 even more fuel to at the same time 24th. 6.30 pm to New foreign titles the Bali's already enjoying their villas 7.30 pm. or Friday and bank financing profitable real- up to 50 %of the Nov. 25th. 11.00
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  • MALAYSIA/INDONESIA
    • 442 21 Exploration momentum has been lost, some say [BANDUNG] The Indonesian government's target of raising the country's oil production to 1.3 million barrels per day (bpd) by 2009 has received mixed reviews, says a report in The Jakarta Post. While some analysts and industry
      442 words
    • 2360 21 VOl General Corp .0.40 unch 106 Nov" KM *1- fOQO) Genting .20.60 0.30 842 George Kent _...0.58 -0.03 3 A M Realty 1.49 -0.01 3 GHL Systems ft11 unch 916 Abnc 0.31 unch 61 GlobetronicsTech ..0.29 0.01 2076 ACP Industries .0.63 unch 26 GlomacBhd 1.21 0.04 36 Advance
      2,360 words
    • 634 21  -  Move prompted by CIMB's hostile takeover bid for Southern Bank By S JAYASANKARAN in Kuala Lumpur THE protracted, and potentially hostile, takeover of Southern Bank by CIMB, Malaysia's second largest lender, could catalyze other tie-ups as smaller banks scramble to consolidate ahead of
      634 words
    • 281 21 AP [KUALA LUMPUR] Malaysia's Securities Commission yesterday unveiled what is believed to be the first-ever guidelines for Islamic real estate investment trusts (Reits), bolstering the country's aim of becoming a regional Islamic financial hub. Malaysia is the "first jurisdiction in the global Islamic
      AP  -  281 words
    • 176 21 Bernama [KUALA LUMPUR] Prime Minister Abdullah Ahmad Badawi says that Malaysian Airline System Bhd's (MAS) new management should be given a chance to run the airline company. "Give the new management a chance to carry out its duties," he said when asked to comment
      Bernama  -  176 words
    • BRIEFLY ASIA
      • 98 21 AFP [BANGKOK] Malaysia's former prime minister Mahathir Mohamad (abovt) arrived in Thailand yesterday for talks as a worsening Islamic insurgency in southern Thailand continues to batter relations between the two countries. The private visit, which includes a meeting with Thai Prime Minister Thaksin Shinawatra,
        AFP  -  98 words
      • 82 21 Reuters [JAKARTA] Indonesia's economic growth dipped in the third quarter to its slowest annual pace in a year as consumers and businesses were confronted with higher inflation and interest rates, data showed yesterday. South-east Asia's largest economy grew 5.34 per cent in the third quarter
        Reuters  -  82 words
      • 95 21 AFP {SHANGHAI] A US technology group said yesterday it had sold software to a major telecoms firm that will allow China to block popular free Internet telephone services such as Skype. US Verso Technologies said it had sold a trial version of its software to
        AFP  -  95 words
      • 117 21 Bloomberg [NEW DELHI] Indian Oil Corp. the nation's largest refiner, is "evaluating the opportunities" in acquiring BP pic's stakes in Kenya, the New Delhi-based company said yesterday in a statement to the National Stock Exchange. Indian Oil plans to buy BP's stakes in three
        Bloomberg  -  117 words
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  • GREATER CHINA/INDIA
    • 260 22 Bloomberg [NEW DELHI] Indian Finance Minister P Chidambaram said the government's communist allies agreed to consider a plan to sell minority stakes in "select" state-run companies to fund health, education and other programmes. "The Left parties agreed to consider the
      Bloomberg  -  260 words
    • 477 22 China's 'absolute control' will stay even if higher stakes are sold AFP, Reuters [SHANGHAI] The Chinese government will not allow China Construction Bank (CCB) to fall under foreign control following its listing on the Hong Kong stock market last month, state press
      AFP,; Reuters  -  477 words
    • 48 22 [AMRITSAR] Indian Sikh models walking the ramp in traditional bridal attire during the 'Mr Singh' International Turban Pride Fashion Show here on Sunday. A total of 44 contestants from various countries including the UK. US. Malaysia and Canada participated in the event. AFP
      AFP  -  48 words
    • 439 22 Some say it is too complacent compared to rivals [NEW DELHI] Reliance Infocomm, one of India's leading mobile phone operators, is under mounting pressure to carry out a planned pre-IPO private placement of shares by the end of the year to aid its expansion, says
      439 words
    • 387 22 It fears some HK banks could be badly hit by rise in interest rates [HONG KONG] The Hong Kong Monetary Authority (HKMA) is planning to call on the territory's banks to take part in a sophisticated stress-testing scheme because of fears that some could be severely
      387 words
    • 344 22 [NEW DELHI] The government may dip into the reserves of public sector companies to spur public investment in the country, the Business Standard reported yesterday. A group of ministers will shortly consider a proposal to utilise surplus cash and reserves of public sector
      344 words
    • 519 22 BIRD FLU AP. Bloomberg {BEIJING] China yesterday announced its 16th and 17th bird flu outbreaks in poultry despite a nationwide vaccination campaign, while Indonesia reported a possible new human fatality and the US Health Secretary warned that his country isn't ready for
      AP.; Bloomberg; Source: WHO/WSJ Asa  -  519 words

  • ASIA-PACIFIC/WORLD
    • 413 23 Move will trim automaker's annual costs by US$7b by end of next year Bloomberg [MICHIGAN] General Motors Corp chief executive Rick Wagoner, who said in June he would eliminate 25,000 North American manufacturing jobs by 2008, yesterday said he
      Bloomberg; AP  -  413 words
    • 245 23 [NEW YORK] Proposed changes to pension fund accounting in the US are likely to prompt a shift of investment away from equities and into bonds while speeding the demise of defined-benefit plans, says the Financial Times in a report, quoting investment experts. The accounting
      245 words
    • 364 23  -  Yen hits 20-year low against multiple currencies By ANTHONY ROWLEY in Tokyo WITH all eyes on the yuan exchange rate and the friction this has generated between the US and China, the yen's continuing slide has attracted relatively little attention. But
      364 words
    • 301 23 Reuters [TOKYO] Sony Corp, the maker of Playstation game consoles, may lose its iron grip on the market for game machines as rival Microsoft Corp launches a new model just in time for the holiday season. Microsoft's new Xbox 360 was to debut
      Reuters  -  301 words
  • Page 23 Advertisements
    • 84 23 Get connected to useful, timely ond relevant news and infotainment from Singapore Press Holdings across 3 platforms. Singapore Read them in SPH newspapers, access them online via Asia One and have news on the go with Starhub i-mode on your Hiofdings mobile phone. All the daily information you need, whenever,
      84 words

  • AVIATION
    • 593 24  -  Brazil's Embraer also forecasts demand for 9.680 business jets By VEN SREENIVASAN [SINGAPORE] World number four commercial aircraft maker Empresa Brasileira de Aeronautica (Embraer) of Brazil has forecast a global demand for 7,950 jets in the 30-120 seat segment over the next 20
      FILE PHOTO  -  593 words
    • 481 24  -  By VEN SREENIVASAN [SINGAPORE] Having lost its mandate to hold a biennial aerospace show in Singapore after next year, Reed Exhibitions is reviewing its aerospace and defence events in the region. "Following the failure to reach agreement on a new venue
      481 words
    • 134 24 Bloomberg [SYDNEY] OzJet, which will become Australia's third domestic carrier when it begins flights between Sydney and Melbourne next week, may consider an initial public offering (IPO) within three years, chief executive Hans van Pelt said. "If it's successful then an
      Bloomberg  -  134 words
    • 473 24 Bloomberg [DUBAI] Boeing Co, the world's sec-ond-largest planemaker, tallied orders for 138 planes worth US$l7 billion in two days, increasing the odds that it will win more business in 2005 than Airbus SAS for the first time in five years. The Chicago-based planemaker,
      Bloomberg  -  473 words
    • 406 24 Bloomberg [DUBAI] Airbus SAS, the world's biggest maker of commercial aircraft, won an order for 30 planes worth US$l.9 billion from Kingfisher Airlines Ltd, an Indian carrier that's buying planes to tap rising demand for air travel. Kingfisher, a Mumbaibased airline owned by UB Group,
      Bloomberg  -  406 words
    • 1165 24 OT? mmr IT* wjwt TP r|H llli llj III j~jjjj nl 1 lljjj 11 ***** gff $28 <$J$ 8311 rasas smw isso Nwgjj g|j| QF3666 0640 I Fuzhou MPK1 ?W) WW mm —aa m 9m mi *wn kjs gg gg ijjg sdHSl 1545 s$4$ RSSSii CA957
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  • Page 24 Miscellaneous
    • 174 24 CRYPTIC CROSSWORD 23 Spirit detected in tipsy "Cheers!" (6) DOWN 1 Plan for help turning up car- 14 The empty politician's spoken YESTERDAY'S SOLUTION ries little weight (7) about time! (8) Across: considerate, 10 Rises. 2 Copper, say, tackled Capone 16 Old boy has hearing hang-up n Laplander, 12 Nostalgia,
      174 words

  • SHIPPING
    • 515 25  -  IMO Council to approve draft resolution addressing piracy By DONALD URQUHART [SINGAPORE] Transport Minister Yeo Cheow Tong yesterday warned that the "stark reminder" of the attack on a cruise liner off Somalia this month showed that the world of shipping needs to
      FILE PHOTO  -  515 words
    • 361 25  -  By DONALD URQUHART [SINGAPORE] Trans-Pacific container operators, including Neptune Orient Lines' liner division APL, have announced further freight rate hikes citing an anticipated 25 per cent rise in US inlandtransport costs in 2006. Announcing its 2006 cost recovery plan, the 12-member Transpacific Stabilisation Agreement (TSA)
      361 words
    • 207 25 AP [ATHENS] China's stateowned China Shipping Group may launch a project to develop a transshipment container terminal on the Greek island of Crete, the Merchant Marine Ministry said recently. The company's president, Li Kelin, wrote to Greek Merchant Marine Minister Manolis Kefalogiannis, stating that
      AP  -  207 words
    • 329 25 Reuters [NAIROBI] Somali pirates have freed a ship and its crew after holding them hostage for almost one month off Somalia's northeast coast, a maritime official said on Saturday. The Maltese-owned San Carlo tanker, carrying a 24member Greek crew and a cargo of gas,
      Reuters; AFFILE PHOTO  -  329 words
  • Page 25 Advertisements
    • 32 25 ife" 'ft fe h s J GAINS lit? il > tgst f'j -I Let your investors know by advertising your financial results in our Sl&lr newspapers. Call 1800 *****22 Si or email notices@sph.com.sg.
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    • 547 25 SEMBAWANG y KIMKANS SEMBAWANG KIMTRANS LTD (Incorporated in Singapore) (Company Registration Number *****8934 C) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Sembawang Kimtrans Ltd (the "Company") will be held at 21 Jalan Buroh Singapore *****8 on 7 December 2005 at 2.30 p.m.,
      547 words
    • 120 25 Centre for Asia Pacific Aviation^ presents... 2nd Annual Asia Pacific Middle East Aviation Outlook Summit 2006 Kuala Lumpur Malaysia, 5-6 December 2005 s Key Speakers: Air Asia: Tony Fernandes, CEO Kingfisher Airlines: Vijay Mallya, MD Chairman Jet Airways: Wolfgang Prock-Schauer, CEO easy Jet: Ray Webster, former CEO Incheon Airport: Jaehee
      120 words

  • EDITORIAL & OPINION
    • 551 26 EDITORIAL FOLLOWING the better-than-expected GDP growth rate of 7 per cent in the third quarter, the Ministry of Trade Industry has projected the economy to expand by 5 per cent this year and possibly in 2006 as well. Private sector economists project even higher rates.
      551 words
    • 1280 26  -  A stronger or weaker US$ has deep impact on the greenback-linked currencies in the region STEPHEN ROACH BACK in Asia for the second time in a month, I have heard two recurring (and related) themes amazement at the ever-resilient American consumer and astonishment
      AP  -  1,280 words
    • 808 26  -  THE BOTTOM LINE MATTHEW LYNN Bloomberg LAST week, government delegates at a summit in Tunisia gathered to ponder Internet regulation. Right now, a lot of people think the Web is controlled by the US. The European Union would like a slice of
      Bloomberg  -  808 words
    • 1527 27  -  Rapid growth of Internet access, online gaming and television, and outdoor LCD advertising offer huge opportunities By ROY KHENG THE past decade has seen a hypermedia revolution sweep across the world; hypermedia being the combination of several types of media such as text, graphics, audio,
      BLOOMBERG  -  1,527 words
    • 1190 27  -  LEON HADAR Washington Correspondent SINCE I've been spending so much time in recent months reading and writing about US President George W Bush, his neoconservative advisers and the mess in Iraq, I decided to take some time off these current topics and read a
      1,190 words
    • 237 27  -  LETTERS TO THE EDITOR Liu I-Chun Taipei I WOULD like to see more transparency in the quoting of interest rates for dualcurrency deposits. At the moment, interest rates for such yield enhancement deposits are not published and one basically has to take the
      237 words
    • 252 27  -  Leong Sze Hian Singapore I REFER to the article "Cancer Show figure covered all costs: NKF" (BT, Nov 18), and media reports about MediaCorp refuting allegations that it profited from the NKF Cancer Show. NKF had paid MediaCorp $2.5 million to produce
      252 words

  • Page 27 Advertisements
    • 101 27 HAVE YOUR SAY Fax your letters to 6319-8277 or email them to btletterGsph.com.sg or write to: The Business Times, SPH HQ,IOOOToa Payoh North, Podium Level 3, Singapore *****4. We need your full name, address and telephone number for verification. Please use temperate language, and bear in mind libel laws. We
      101 words

  • 10132 28 SGX MAINBOARP l< L«t Vol Day Last Quote GrOtv Mv GrYM Not MCap High Low Codo Comply Salo COOP) High Low Biiyor So»or Cw P/t iS 75 2 5716 1st Software 5c 2.5 unch 480 2.5 2.5 2.5 3 iq.1 23.5 6 3148 8Telecom US2c 7 unch 601
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  • 6458 29 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES I* local cvrr In SS in u» say yr dy yr dy %yr No* n Indu Chjr>q« OiarvQa Chjng« Chango Chan— Chang* World Index Preliminary 947-5 04 117 03 8.1 03 4.7 t EAR Preliminary 9331 0.9 20J OS IftO 06 M Europe
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  • Page 30 Advertisements
    • 1411 30 s 4**&i I —i 9 Bw v [if f .11 Bfc^ilj -■'Qr,r I I 4 NYK GROUP SOUTH ASIA PTE LTD \r-'v kiwr TEL *****123 V" -."a jm M, Wffpfot M 9 II LINE Fax:6292 2856(Regionalsales)/*****109(0P5)/6299 5785(Documentation) r NIPPON YUSEN KAISHA TOKYO K>»AKU KASHA. UD (C/R NO: **********0E) SINATOK (5.1.A.)
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    • 490 30 IINTERASIA RORO SERVICE vissa/vor rampikt) hbghud m kch to sm jkt shaits votuk 24/05 is 3.1 14/11 27/11 30/11 03/12 05/12 STRAITS VWTURE 24/05 IS 12 11/12 21/12 24/12 29/12 31/12 [australian rqrq service I vesa/vor rawtoct) mbghtqw)! loiswiwi stp m mm jw|sw|to| MNTA/U 50 4i 30-30/10 02-02/11 14-14/11 14-14/11
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  • Page 31 Advertisements
    • 1179 31 www.hombufgsud.tom asia service sung i (export) asia saga sung i (export) TT vwwi/vtww sfiwra wmwMTO iwamiw www «m CopFno 505W 13/11 M/li 14/12 15/11 17/11 11/12 C#Agufoso3W24/11 lt/12 22/12 24/12 25/12 Commodore 014W 30/11 11/12 21/12 22/12 24/12 25/12 Cop Cortes SOW 03/12 24/12 29/12 31/12 01/01 ttHKO Stngnwra SOSW
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    • 705 31 I® H SX/« WEEKLY EXPRESS SAIUNG SCHEDULE I ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS I vessei I VOY Ism |P.KIAN6| COLOMBO IIISHEVA Colombo I II I I I I I I ALSO MXPTME Fa TO COORN. TUTKOHN (VW COLOMBO) AMD KANDLA t GOaI (VIA N SHEVA) CONNKTWC
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  • THE BUSINESS TIMES SHIPPING TIMES
    • 6691 32 ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Vessel Veyafe TataptwM SIN Dcsfn Name Njmc NunilMf NHHbflr SIN Dwfii Name Name Nhmqt NMMbv 24/12 11X11 TASMAN TASMAN TRADER *****9 *****288 To ABIDJAN (ABJ) 2003 Cote D'lvoire 02/01 19*11 TASMAN TASMAN CHALLENGER *****1 *****288 30/11
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  • Page 32 Advertisements
    • 621 32 vtssa yor sm pcu vtssa vot sm PACIAMPA 1604N 19/11 19/11 PKMMTAN t325 19/11 22/11 PACIAMPA 1605N 20/11 21/11 *<»*"_ 41f3 ~i!7?1 M/ll 0f2301 0202P 21/11 23/11 PM BRIAN 9324 M/ll 29/11 mmmi um 22/11 g/n ffiSjL, Jig— gfli IMZZ -ESCUHDA 160ZM 23/11 24/11 ff""™ gg ZBZjIZ 04/ 2 —aaa_
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    • 329 32 lit stli *iL rr --TSs>. i i JB; RI 3 S=S3 I Ijjl vve carry: we care WAN HAI LINES LTD, having the most intensive <4Hp and complete service network for ocean carriage, from Asia-Pacific to Mid-East, U.S West Coast, pHHr Europe expanding continuously throughout every spot in the world;
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    • 384 32 BSA jl MYANMA KERB FIVE STAR UNE (Myq—r NatiMol Lite) lndh| for Yangoi VBsa vor sin pu pen pgu PAGAN 34SW 110 PAGAN 349W SID IN MALAYSIA: IOUSTEAD SHIPPING AGENCIES KIK/PU: 03-300 SOU PEN: 04-*****1S JttKKk ACCEPTING COMVENTIOMAL CSO VESSEL VOT KG St ID KM 1 M SN TWU SWEET
      384 words


  • PROPERTY
    • 490 34  -  Mapletree Inv unveils separate deal with Japan's Itochu Corp By ALEXANDRA HO YESTERDAY was a day of deals for real estate company Mapletree Investments and Mapletree Logistics Trust (MapletreeLog) as they announced separate deals, in China and Japan. In its first foray into China, MapletreeLog
      490 words
    • 364 34  -  By ARTHUR SIM INDUSTRIAL land in Singapore is among the most expensive in the region, according to Colliers International. Industrial land in the likes of Paya Lebar. Kallang Basin and Kampong Übi costs about US$35 per square foot for a 100,000 sq
      364 words
  • Page 34 Advertisements
    • 430 34 AMBER ROAD DEVELOPMENT SITE FOR SALE BY TENDER Prime East Coast (||BB33S3H| Freehold Site Area 22,792 sq ft Plot Ratio 2.8 j Near Chinese Swimming Club Contact: Investment Properties Jeremy Lake/Oalven Tan Tel: 6224 8181 rRRF FOR SALE (BY TENDER) LAST PRIME RESIDENTIAL REDEVELOPMENT SITE ALONG MEYER ROAD VICINITY 10
      430 words
    • 318 34 4 Buildings One single-storey building Tenure :60 1969 One 2-storey building Ground Rent Two 3-storey buildings Fully Air-Conditioned Land Area 261,400 sq ft Ample Car Parking lots CFA 304,700 sq ft Wtthin Toa Payoh Housing Estate ■L r i For enquiries, please contact: i i I Site Area: 25,781 sq
      318 words
    • 66 34 PRIME DEVELOPMENT SITE OXFORD ROAD BANK'S AUCTION 15/12/05 WZ "NT «p Land area 14,435 sq ft g Freehold B z Q»fQ«P «D I" WHH Corner plot double frontage domitid Regular and flat land Development potential for apartments 5 Plot ratio 2.8 gjgjjd 5 mins walk to Farrer Park MRT station
      66 words