The Business Times, 8 December 2005

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Microfilm: NL26545
Total Pages: 32
1 32 The Business Times
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  • Title Section
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    14 1 THE BUSINESS TIMES MICA (P) 089/03/2005 Thursday, December 8,200 SINGAPORE 85centf online at http://business-times.asial.com.sg
    14 words
  • Article
    Lock icon Middle East money making a splash
    884 1  -  Arab investors seen bidding for Orchard Turn site, stepping up buying of financial, property assets By TEH HOOI LING [SINGAPORE] Slowly but steadily, some of the billions in Arab petrodollars are finding its way to Singapore. The latest evidence of this could emerge in
    884 words
  • Article
    Lock icon MAS plans change to insurance nominations
    909 1  -  Nominations to get same legal standing as a will By GENEVIEVE CUA [SINGAPOREI The Monetary Authority of Singapore has proposed major changes to the framework of nominating beneficiaries to insurance policies a move that is expected to clear up an area of the law
    909 words
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  • TOP STORIES
    • Article, Illustration
      Lock icon THEY SURE ARE WONDERFUL KIDS
      214 2  -  By MATTHEW PHAN [SINGAPORE] Who says you need to put your neck to the grindstone for 15 years before you become an expert musician? Some of the kids at the Child Aid concert last night have not even been alive that long, and already played
      LAU FOOK KONG/ST  -  214 words
    • Article
      Lock icon Sands promises to cook up a storm for its Marina IR bid
      732 2  -  It ropes in six acclaimed int'l chefs as part of its proposal By ALEXANDRA HO [SINGAPORE] A menu has been set out that might make foodies think they are in culinary heaven. But you cannot sample the cooking
      732 words
    • Article
      Lock icon US court rejects class-action suit against CAO
      597 2  -  Move paves way for firm to complete debt revamp plan By MICHELLE QUAH [SINGAPORE] A class-ac-tion lawsuit brought by investors in the US against Singapore-listed China Aviation Oil (CAO) has been dismissed resolving one of the last few niggling worries for a company
      597 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      416 2 Bold new home loan package from DBS DBS Group, has thrown down a challenge to its rivals in Singapore's fiercely competitive home loans market. It is offering customers fixed-rate loans of up to 10 years and allowing customers to mix-and-match across different loan packages. 7 7, TOP STORIES,
      416 words
    • Article
      Lock icon Bold new home loan package from DBS
      454 3  -  Fixed-rate loans of up to 10 years with mix-and-match By LESLIE YEE [SINGAPORE] Singapore's largest mortgage player, DBS Group, has thrown down a challenge to its rivals in Singapore's fiercely competitive home loans market. It is offering customers fixed-rate loans of up to
      454 words
    • Article, Illustration
      Lock icon Former resident Devan Nair dies
      802 3  -  By CONRAD RAJ [SINGAPORE] Former president CV Devan Nair, 82, died yesterday, around noon Singapore time, after being bed-ridden for five months in a Canadian nursing home in Hamilton, Ontario. According to his eldest son Janadas, who works for The Straits Times in the US,
      FILE PHOTO  -  802 words
    • Article
      Lock icon S'pore Q4 GDP seen growing just over 5%
      394 3  -  And Q1 2006 growth is expected to be a robust 6.4%: MAS survey By ANNA TEO [SINGAPORE] Economists expect the Singapore economy to grow by just over 5 per cent in the final quarter, with the most bullish of them forecasting almost
      394 words
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      407 2 ULr 1 W Vw S|v Y m* ajHt v 1 '''«>» JS L 1 Pfej ll; v Sole Distributor: SEPANQQON Appollo Sellappas Mega Departments Gold Mart 3 Campbell Lane, 153 Dunlop Street Tel: *****691 Bhatia Brothers Pte. Ltd. 1 North Bridge Road Bharath Watch Pte Ltd 172, Serangoon Road Tel:
      407 words
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      52 2 V x 1 *\J> J iiu We've made space at BT Online for Forbes.com Here's one more reason to subscribe to BT Online. You can now log on at http://business-times.asia 1 .com.sgI and get access to Forbes.com's latest business, finance and lifestyle reports. Of course, we have their popular lists
      52 words
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  • COMPANY NEWS
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      799 4 Singapore Shipping Corporation Limited (Incorporated in the Republic of Singapore) (Company Registration No. *****1332G) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Singapore Shipping Corporation Limited (the "Company") will be held at Singapore Exchange Ltd, SGX Auditorium, 2 Shenton Way #02-02 Podium, SGX
      799 words
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      188 5 PMCft/VATERHOUsE(OOPERS i ALEXANDRA HOLDINGS LIMITED (In Members' Voluntary Liquidation) Co. Reg. No. *****0017 D NOTICE IS HEREBY GIVEN pursuant to Section 307(1) of the Companies Act, Cap. 50, that an Annual General Meeting of members of the abovenamed Company will be held at 8 Cross Street, #17-00 PWC Building, Singapore
      188 words
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      Lock icon Page 5 Advertisements Column 2
      38 5 v -.7^.:-' n- >- '-lwf a *s.i jff^gaS^^J^Bra^^^MMM^^^^^^W^MaiKlMHfcJ^^Hßßi^Mg^TJMjkJi^tcl^" /•'•%J> .".>', '-■^K f^pBa|B^^BßßßM|B|W|MMiH||gpjl}Bß^H^^^WP^^^|WM^HiW^BMßli^Mß^^^^^^ -vaSßttt- -^y**' Jv.- -.iLj-.'-' :^WmSUSxßß^M»y^Bk^Sn^Sß^B^7^WffS»A^^ JSF*- 1 ft V ft i. -i .#i *&J&t-~k «—yy ■.■'■>• I > l^ 1 'v^^'.?'- >^ 'l i,»H' r see tihe beauty in a diamond
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  • Page 6 Advertisements
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      167 6 .>*M '.M r«. Bp <**• jra ~.t •w 'igF. jf- *-<*-*•«.. J ■■•V > x ;7w J S ij •-< »f '•"•<• —»t*»- JjIMP •"W <j»i v«* fiwr.- UtMST •»>. «.om I x > MMMm jj|i with Credit Suiss6> *'S Vi-**.'. >CV ■««wini»Miw > —If. 6 t• 1 y. *"sEp£^.
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      90 6 7—— Our quaNflod profmlowrii can assist you with offshore jurisdictions indudbifs British Virgin Islands > Cayman Islands ffltahamas Mauritius Hongkong Samoa Full nominee, management, secretarial, banking and corporate administration services are available. We also specialize in offshore trusts for assets protection estate planning. For further information and immediate service please
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      285 7 ValH EZRA HOLDINGS LIMITED SGX'S MMNBOARD 2005 has been an exceptionally good year at Ezra Holdings. We've expanded our fleet, profits have grown, and our commitment to sound business practices and governance have been recognised by the investment community. Our most recent good fortune -.;.w is that, starting December 8,
      285 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon NOL and telcos prop up ST Index
      482 8  -  STOCKS The advance-decline score of 167-148 shows trading is broadly mixed R SIVANITHY Senior Correspondent Neptune Orient Lines' proposal to return cash worth 92 cents a share helped support the Straits Times Index yesterday, as did strong rebounds in Ml and Star Hub
      Source: Bloomberg  -  482 words
    • TRADES TO WATCH
      • Article
        Lock icon Businessman's deemed stake in Unifiber falls to 1227%
        446 8 hi iwiw rv INDONESIAN businessman Wisanggeni Lauw's stake in United Fiber System has dropped because of a share transfer and the enlargement of its share capital. Mr Lauw's deemed interest in the mainboard-listed Indonesian forestry-related group fell from 14.98 per cent to
        446 words
      • Article
        Lock icon Shareholder ups direct stake In SentbKimtrans to 5.92%
        61 8  -  Compiled by NANDE KHIN SUBSTANTIAL shaceholder Tan dooff HtSfclcTias fcfimped up his stake IQl mtnifig logistics specialist SembaWhng Kim trans. He bought 1.34 million shares on the open market yesterday, bringing his direct interest in the company from 5.5 per cent to
        61 words
    • Article, Illustration
      Lock icon Untitled
      436 8 OTHER SINGAPORE INDICES Dec 7 VALUE CLOSE BT OB/OS 37.00 -89.00 BTCAPI -*****.00 +15.00 110-day MA -*****.00 +4.00 All-SG Equities 590.00 +2.34 SG Equities Elect 127.64 -1.67 SG Equities Fin 1704.55 -1.37 SG Equities Prop 696.16 +2.58 SIMSCI 273.59 +0.62 SiMSCI Futures 273.50 +0.40 MOST ACTIVE STOCKS VOLUME GtobalVoice 5c
      436 words
    • Article, Illustration
      Lock icon BROKERS' TAKE
      1035 8  -  Compiled by PEK TIONG GEE Stamford Tyres Corporation Dec 7 dose: $0,495 KIM ENG RESEARCH, Dec 7 NET profit jumped 114 per cent from Ss3.o million in IHOS to 556.5 million in IHO6. This was backed by revenue of *****.7 million which rose 32.2 per cent from the
      Source: Bloomberg  -  1,035 words
    • Article, Illustration
      Lock icon NZ$ arid A$ suffer sharp sell-offs
      535 8  -  CURRENCIES LARRY WEE Senior Correspondent THE Australian and New Zealand dollars were hit by a spell of profit-taking yesterday, despite the pull of fresh highs in metal prices for the former and an expected rate hike for the latter this morning. After soaring to
      Source: Bloomberg  -  535 words
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  • SINGAPORE NEWS
    • Article
      Lock icon Stanchart to go back to private banking next yr
      431 9  -  It is attracted to the huge potential the business offers locally and globally By CONRAD RAJ STANDARD Chartered Bank is planning to return to private banking next year, almost 10 years after it sold the business to Swiss Bank Corporation. "It's
      431 words
    • Article, Illustration
      Lock icon Bird flu to affect S'pore less: report
      449 9  -  It ranks 9th out of 11 countries in outbreak sensitivity Reports by UMA SHANKARI SINGAPORE would be less sensitive to an outbreak of bird flu than some of its neighbours would, according to a Citigroup report. The report by Citigroup's investment research team
      FILE PHOTO  -  449 words
    • Article
      Lock icon S'pore joins WHO outbreak alert and response network
      204 9 SINGAPORE yesterday joined a World Health Organisation (WHO) committee responsible for the surveillance of and response to communicable diseases such as Sars and avian flu. Minister of Health Balaji Sadasivan announced that Singapore will be part of the Global Outbreak Alert and
      204 words
    • Article
      Lock icon S'pore, Japan develop new medical gel
      247 9  -  By UMA SHANKARI A NKW way of delivering medication to selected parts of the body has been discovered by scientists from Singapore's Institute of Bioengineering and Nanotechnology (IBN), together with researchers from Osaka University in Japan. Their new injectable and biodegradable gel can be
      247 words
    • Article
      Lock icon US computer animation school to open here
      375 9  -  By OH BOON PING SINGAPORE'S aim to become a digital media hub received a boost yesterday when computer animation and technology school DigiPen announced its decision to open a campus here. The new school, scheduled to open in January 2007, and will offer
      375 words
    • Article
      Lock icon Six projects win S'pore Film Commission grants
      195 9 SIX local film companies will receive between $20,000 and $40,000 under a new Project Development Scheme launched by the Singapore Film Commission. The scheme, started in July this year, aims to spur the making of "Made-in-Singapore" live-action films by local production houses. A
      195 words
    • Article
      Lock icon STB looks to new attractions
      478 10  -  REMAKING SINGAPORE'S TOURISM ENGINE Board is ready to co-invest with money from $2b tourism fund By ARTHUR SIM THE Singapore Tourism Board (STB) is seeking to put big money into a range of new attractions. The board, working with the Urban Redevelopment Authority (URA), has
      478 words
    • Article
      Lock icon Harrah's says S'pore bid enhanced by expansions
      369 10  -  By ALEXANDRA HO FAR from diverting its manpower or resources, Harrah's Entertainment believes its expansion in Europe and the Bahamas will enhance its bid for the Singapore integrated resorts (IR), says senior vicepresident Richard Mirman. Harrah's recently announced plans with joint venture partners
      369 words
    • Article
      Lock icon COE prices fall in all categories
      271 10  -  By SAMUEL EE COE premiums eased across the board yesterday as demand for new cars continues to weaken after recent price increases. Most of the corrections were relatively small, except for certificates of entitlement in the big car category, which slumped significantly. Category B
      271 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      5074 10 UNIT TRUSTS FUNDS Citl Money Sing Dollar Class B 1.0874/ Citi Pan-Europe Equity Fund 1.33/ ABN Amro Asset Mgt (S pore) 8*ncrt nflftc., CrtiSetecr Asia litt Growth 1.47/ Stat Europe Bond— 1 121/ Star Europe Bal 1.146/ UV Star Asian Tiger Eqty 1.10# 0.9» Star Am Bor*. 134/ °»'TZzTZZ Star
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  • Page 9 Advertisements
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      78 9 -f£ Jfc// Customised wine hampers to suit any budget occasion or preference. Premium Burgundy domajnes such as Domaine A et P de Villaine, Domain? Christian Serafin, Domaine Jean Noel Gagnard, Domaine Joseph Roty, Domaine Rene Engel and Domaine Robert Arnoux... if; ...plus over 1,800 labels of Bordeaux Classified Growths. if
      78 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Regional pacts will spread if WTO talks fail: analysts
      552 11 AFP ISINGAPORH] Regional and bilateral agreements will proliferate further and protectionist tendencies are likely to increase if the World Trade Organization (WTO) talks in Hong Kong fail, business leaders and analysts say. While regional and bilateral trade agreements (RTAs and FTAs)
      AFP; REUTERS  -  552 words
    • Article
      Lock icon WTO approves generic drug agreement
      348 11 AFP IGRNEVA] The World Trade Organization (WTO) on Tuesday confirmed a 2003 agreement to make generic medicines more widely available to poor countries. The step was seen as a gesture to the developing world ahead of a key WTO ministerial meeting in Hong Kong next
      AFP  -  348 words
    • Article
      Lock icon Americans, Europeans think free trade cuts jobs
      544 11 58% would support raising tariffs, the opposite of what WTO hopes to do Reuters [BRUSSELS] A majority of people in the United States and most of Europe's big countries believe free trade cuts local jobs and mainly benefits multinationals and economies such as
      Reuters  -  544 words
  • Page 11 Advertisements
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      386 11 BIOTECH Salient Highlights Proposed dividend comprising 30% of cashflow generated from operating activities for PY2005 and FY2006. Established track record in large scale aquaculture production jl of fish, and engages in continuing R&D into new species of fish as JH well as new breeding and farming technologies, of which 12
      386 words
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  • MALAYSIA/INDONESIA
    • Article
      Lock icon M&A to drive M'sian firms' growth: survey
      457 12 Firms have to seek new avenues of income amid low earnings growth [KUALA LUMPUR] MERGERS, acquisitions and privatisations could be a major feature of the Malaysian market next year, according to a JPMorgan survey. A combination of factors companies seeking faster acquisition growth,
      457 words
    • Article
      Lock icon Jakarta backs idea of forming JV to end Cepu spat
      188 12 Reuters [JAKARTA] Indonesia backs the idea of forming a joint-venture between Exxon Mobil Corp and state oil firm Pertamina to push through the US$2 billion Cepu oil block, State Enterprises Minister Sugiharto said yesterday. "We have an alternative to solve
      Reuters  -  188 words
    • Article, Illustration
      Lock icon East Asia Summit 'doomed'
      776 12  -  By PAULINE NG in Kuala Lumpur FORMER Malaysian prime minister Mahathir Mohamad, the prime mover behind the idea of an East Asia economic caucus, believes the first East Asia Summit is doomed to failure even before it gets off the ground, as it is likely to
      REUTERS  -  776 words
    • Article
      Lock icon BURSA MALAYSIA
      2254 12 VOl General Corp i—031 0.01 70 0*7 «M *f- rtm G«mng 20.00 unch 1083 George Kent. 0.59 unch 15 At M Realty 1.47 unch 4 GHLSystems 0.10 unch 334Abrit 030 -001 30 GtobetrorwaTech 034 0.01 168B ACP Industries OAS 0.01 22 Gtomacthd- 1.10 -0.20 32 Advance Synergy 032
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      570 12 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF (1) CINTAT PETROLEUM PRODUCTS PTE LTD (Co. Reg. No. *****4534G) (2) GIM CHIN PILING PTE LTD (Co. Reg. No. *****3068K) (IN CREDITORS' VOLUNTARY LIQUIDATIONS) Extract of the minutes at the Extraordinary General Meeting of members of
      570 words
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      Lock icon Page 12 Advertisements Column 2
      416 12 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF CHIM KIN HOLDINGS PTE LTD COMPANY REG. NO: 1980-*****-G (In Voluntary Liquidation) Notice of Resolution At an Extraordinary General Meeting of the members of CHIM KIN HOLDINGS PTE LTD duly held and convened at 1 Scotts
      416 words
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      546 12 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF CHIM KIN HOLDINGS PTE LTD COMPANY REG. NO: 1980-*****-G (In Voluntary Liquidation) NOTICE is HEREBY GIVEN that the Creditors of the abovenamed Company, which is being wound up voluntarily, are required on or before the 2nd
      546 words
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      230 12 In The Matter Of The Companies Act, Cap. SO And In The Matter Of ATAS INVESTMENT PTE LTD (In Creditors' Voluntary Liquidation) (Co. Reg. No. 19M*****W) Notice of Resolution At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held on the 2nd day of
      230 words
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  • GREATER CHINA
    • Article, Illustration
      Lock icon Jailed Chinese tycoon's wife guilty of share price fixing
      376 14 AP [HONG KONG] The wife of a jailed Chinese property tycoon was yesterday convicted here of conspiracy to defraud and perverting justice by manipulating share prices of her husband's property company. v Mo Yuk-ping, 43, general manager of Shanghai Land, is
      AP; APPLE DAILY FILE PHOTOS  -  376 words
    • Article, Illustration
      Lock icon Dongfeng shares rise 8.8% in HK trading debut
      456 14 CHINA IPOs Stock closed at HK$1.74 after rising to HK$1.81, offer price of HK$1.60 Bloomberg IHONG KONG] Shares of Dongfeng Motor Group Co, China's third-biggest automaker, rose 8.8 per cent on their first trading day in Hong Kong on investor optimism that
      Bloomberg; Source: Bloomberg  -  456 words
    • Article
      Lock icon HK investors clamour for Agile, Prosperity IPOs
      328 14 Reuters [HONG KONG] Hong Kong investors arebettiijg Guangdong-based Agile Property Holdings Ltd aigl Cheung Kong's Prosperity Reit will be their Christmas blockbusters. Hie duo have two more days to take orders from the territory's retail investors before closing book- building on Dec 8.
      Reuters ,  -  328 words
    • Article
      Lock icon HK to resume sales of subsidised flats from 2007
      232 14 Reuters [HONG KONGI The Hong Kong government will resume sales of flats built under a subsidised Home Ownership Scheme (HOS) at up to 6,000 units per year from 2007, the Housing Authority said yesterday. The decision could accentuate a dip in
      Reuters  -  232 words
  • Page 14 Advertisements
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      270 14 Diners Club Card T„ art)* c<J*****0980 I WorU ofßxckmm Privilege* TrwUt Diners Club m|HU2USa|AjAU|^VBBWHHF Is iSB^HH m i mBimIhIOH JEjnca j«*B< ibhwu #Af«*i«« Slnft lon S«foa4 luUaraol 420 fMt Cam hftaar, 44*75 Tit SMS I 111 F« 1345 2111 Mm* Ham: IMpai-llMpa Four Rivers Chardonnay A A Central Valley 2003
      270 words
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      167 14 »ir v>"* I r V ,v h fll v: CATS Recruit The first door to your worU of opportunities MAT 3 RECRUIT Advertisement Basic Wine Appreciation Course by Tommy Lam, Wine MBA Bordeaux) Hi Amiga Tommy I I must compliment you on your humourous and candid style of presentation. It
      167 words
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  • INDIA
    • Article, Illustration
      Lock icon Microsoft to invest US$1.7b in India
      435 15 Company will also nearly double its workforce there over next 3-4 years Reuters, AP [NEW DELHI] Microsoft chairman Bill Gates said yesterday the software giant plans to invest US$l.7 billion in India and nearly double its work force in the country over the next
      Reuters,; AP; BLOOMBERG  -  435 words
    • Article
      Lock icon China, India state firms eyeing Kazakh oil producer
      452 15 Canada's Nations Energy said to be going on sale for US$2 billion Reuters [HONG KONG] state oil firms of China and India are looking to bid for privately-owned Kazakh oil producer Nations Energy, which has put itself up for sale in a
      Reuters  -  452 words
    • BRIEFLY ASIA
      • Article
        Lock icon Coalition wins Kelantan by-election
        64 15 AP [KUALA LUMPUR] Prime Minister Abdullah Ahmad Badawi's riding coalition narrowly defeated the fundamentalist Pan-Malaysian Islamic Party (PAS) yesterday in a key by-election. Hanafi Mamat of Mr Abdullah's National Front coalition was declared the winner by a 134-vote margin after a recount of Tuesday's ballot for
        AP  -  64 words
      • Article
        Lock icon Investment banks rate CCB favourably
        70 15 Reuters [HONG KONG] Four investment banks including Lehman Brothers and Nomura started coverage of China Construction Bank (CCB) with favourable ratings yesterday, citing the lender's leading position in the vibrant Chinese economy. Credit §>uisse First Boston, Lehman, Morgan Stanley and Nomura all issued "outperform", "overweight"
        Reuters  -  70 words
      • Article
        Lock icon PetroChina increases stake in fuel oil firm
        60 15 Reuters [HONG KONG] PetroChina Co Ltd yesterday said it will pay its parent CNPC about 559 million yuan (Ssl 16.7 million) for a 35.73 per cent stake in a fuel oil firm. PetroChina's interest in PetroChina Fuel Oil Co Ltd will increase to
        Reuters  -  60 words
      • Article
        Lock icon ICICI prices domestic issue at mid-point
        72 15 Reuters [MUMBAQ India's second-largest lender, ICICI Bank, yesterday said it had priced its domestic share) issue at the mid-point of \ts price band, raising a total of about US$l.73 billion, including a foreign offering. "We had aimed to raise 70 billion rupees (552.6 billion),
        Reuters  -  72 words
      • Article
        Lock icon Bimantara to issue rights offer
        49 15 Bloomberg [JAKARTA] PT Citra, which owns Indonesia's fourth-largest mobile phone operator, said the unit will raise US$2OO million selling new shares in a rights offer this month. Unit PT Mobile-8 Telecom will use the proceeds to expand coverage outside Java and Bali islands. —Bloomberg
        Bloomberg  -  49 words
      • Article
        Lock icon More bird flu outbreaks in China
        62 15 AFP [BEUING] More bird flu outbreaks are likely in China over the next few weeks, the World Health Organization (WHO) warned yesterday, a day after a fourth human infection was confirmed. China's Health Ministry, announced late Tuesday* that a 10-year-old girl from Guangxi region
        AFP  -  62 words
      • Article
        Lock icon Bank Mandiri may change board again
        51 15 Bloomberg [JAKARTA] PT Bank Mandiri may have its board of directors shuffled at a shareholders' meeting on Dec 21, seven months after the government replaced its management following a lending probe. The government, which owns 69 per cent of the lender, proposed the change.
        Bloomberg  -  51 words
  • Page 15 Advertisements
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      81 15 Taste the spin tof Christmas♦ This festive engage your senses Cafe Noel's fine selection of Yule tide offerings. Our chefs unmatched H craftsmanship and peerless quality ensure perfect holiday celebrations. Choose from and roasts, Bp exquisite Christmas specialities such as our signature Log Cakes, Plum as as a rich array
      81 words
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon Some nasty surprises in store for the New Year?
      814 16  -  ASIA INSIGHT The laws of economics and finance appear to have been turned upside down but the way the price of gold is rising portends trouble ahead ANTHONY ROWLEY Tokyo Correspondent WHEN just about everything appears to be going up, where
      814 words
    • Article
      Lock icon Aso urges China, S Korea to take a fresh look at Japan
      619 16  -  They should focus on its achievements instead of stressing divisive issues By ANTHONY ROWLEY in Tokyo JAPAN'S Foreign Minister Taro Aso yesterday appealed to China and South Korea to focus on Japan's achievements in helping lead the region
      619 words
    • Article
      Lock icon FREMANTLE CALLING
      263 16 Road OVER the next 24 hours, theskippers (fejjrees. This nomas thai theyVe now as movement reqttftedty important psychological marker for the become 1o the effect of the md Ihe eastern edge of the Ugh. yrC fleet approaches the coast, they will have tess constant oreeze, ana win also
      263 words
  • Page 16 Advertisements
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      578 16 CHINA ENERSAVE LIMITED (Incorporated in the Republic of Singapore) Company Registration Number *****6776 D ENERSAVE NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of CHINA ENERSAVE LIMITED (the "Company") will be held at 80 Raffles Place, #21-20 UOB Plaza 2, Singapore *****4 on 23
      578 words
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      Lock icon Page 16 Advertisements Column 2
      501 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF TAIWAH HOLDINGS PTE LTD (In Mem ben' Voluntary Liquidation) Company registration no. *****3333E At an Extraordinary General Meeting of the Company duly convened and held at 55 Genting lane, Parpio House Singapore *****3 on the 30th
      501 words
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      Lock icon Page 16 Advertisements Column 3
      384 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 PURSUANT TO SECTION 290<2)(b) and IN THE MATTER OF SINGAPORE PACIFIC MANAGEMENT SERVICES PTE LTD (Company No: *****0162G In Members Voluntary Winding Up) The following Special Resolutions were passed by written means by shareholders on 6th December 2005(1) Resolved that the
      384 words
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      Lock icon Page 16 Advertisements Column 4
      208 16 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND I IN THE MATTER OF SOMPO JAPAN RE MANAGEMENT (BMGAPORE) PTE LTD (company ri®yitumvon no. *****2585 C) (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of ttw Companies Act, Cap. 50 that
      208 words
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      316 16 NTHE MATTER OF THE 00MRANESACT, CAP. SO HOT PEPPER POT WE LTD (Cotnpeny No MMtMD) (In MartenAAArtsryUqudatai) At the Extraordinary General Meeting of the above-nemed Compeny deemed to be held on 25 November 2005 tie fataaing resolutions were duly poena atSPECIAL RESOLUTION *TM te Compaiy be «nud ito volurteriy pinwrt
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  • AVIATION
    • Article
      Lock icon US passenger screening programme made mistakes
      514 17 Top security official says govt 'drove the truck into a ditch' on issue Reuters [BRUSSELS] A top US security official said on Tuesday mistakes had been made in screening airline passengers to fight terrorism, saying the Department of Homeland Security drove "the truck into
      Reuters  -  514 words
    • Article, Illustration
      Lock icon India planning to build second int'l airport in Mumbai
      346 17 AP [BANGALORE] India plans to build a second international airport in the western city of Mumbai, the financial capital, that handle at least 40 million passengers a year nearly four times the traffic the city's existing airport handles, an official said
      AP; BLOOMBERG  -  346 words
    • Article
      Lock icon Senai sees fall in passengers, cargo
      374 17 Passenger traffic in Jan-Sept period falls 10.5% y-o-y Bernama [JOHOR BARU] The number of passengers using Senai Airport for the first nine months of this year has declined by 10.5 per cent compared with the same period in 2004. In its Economic Report 2005/2006
      Bernama  -  374 words
    • Article
      Lock icon Qantas mulling giant aircraft order: sources
      312 17 AFP [SYDNEY] The board of directors of Australian flag carrier Qantas Airways met yesterday amid expectations they may launch a new international strategy that could involve ordering up to US$l5 billion of new aircraft. Industry sources said Qantas was considering ordering Boeing 777s or
      AFP  -  312 words
    • Article, Illustration
      Lock icon Jet Airways kicks off daily Chennai flight deliciously
      409 17  -  By GEORGE JOSEPH [SINGAPORE] "Your tiffin, sahib." says this Indian dabba walla as he delivers a piping hot meal. But this wasn't a scene from Chennai or Mumbai; it was a delightful re-enact-ment of the famous daily ritual in the big Indian
      409 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      618 17 an man m gam M10 Wit 1K0 w S I«S *88 1U8 jfeg| Undunq l£z»to 1140 MW i;<5 TBil BK 3354 Upu 8p 1^1 R 5i SB I! M $S KK2 1555 Mnw" 1»40 1^ SQ4M 0715 gg j$f <|gjj|j jgjj C*p»Towii 5Q481 0525 >JM| ]|05
      618 words
  • Page 17 Miscellaneous
    • Miscellaneous
      Lock icon Page 17 Miscellaneous Column 1
      270 17 CRYPTIC CROSSWORD 1 Music to the old, even so (5,4) Shouter the building where sound comes yj —~~H^ 12 Attractiveness of church mem- 13 Line up at the circus (9) 16 Mythological being to walk 18 Scoundrel making European Union go right back (5) foolish torn European with one U~~jß
      270 words
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  • SHIPPING
    • Article
      Lock icon Frontline, Goldman, Pertamina colluded: Indon Supreme Court
      402 18 It upholds ruling that they colluded over US$184m sale of 2 supertankers Bloomberg [JAKARTA] Indonesia's an-ti-monopoly agency said the Supreme Court upheld a ruling that Frontline Ltd colluded with officials at the state oil company and Goldman Sachs Group Inc over the purchase
      Bloomberg  -  402 words
    • PORT SHOTS
      • Article
        Lock icon Babcock & Brown in PD Ports bid: source
        64 18 Babcock Brown in PD Ports bid: source Reuters [LONDON] Australian investment firm Babcock Brown has made a bid approach to Britain's PD Ports pic to rival an agreed £320 million (*****.6 million) takeover by Australian consortium Endeavour Ports, a source familiar with the situation said on Monday. PD Ports earlier
        Reuters  -  64 words
      • Article
        Lock icon Daewoo Shipbuilding wins 347b won order
        69 18 Reuters [SEOUL] Daewoo Shipbuilding and Marine Engineering, the world's second-biggest shipbuilder, said yesterday it had secured a 346.6 billion won (*****.3 million) order from a European shipper to build an auto-carrier ship. The South Korean firm did not identify the company but said the
        Reuters  -  69 words
      • Article
        Lock icon Teekay ups share buyback programme
        46 18 Reuters [NEW YORK] Oil shipping line Teekay Shipping Corp on Tuesday said its board approved a US$lBO million increase to its share buyback programme. It said the US$lBO million will be in addition to US$49 million remaining under its existing programme.
        Reuters  -  46 words
    • Article, Illustration
      Lock icon Marine industry divided on cleaner fuel future for Asia
      625 18 Reuters [SHANGHAI] The bunker fuel industry is divided over whether Asia will emulate Europe's move to enforce cleaner shipping fuel, requiring new refinery investment and raising prices, executives said here on Tuesday. Officials from Japan, South Korea, Hong Kong and Singapore
      Reuters; FILE PHOTO  -  625 words
    • Article
      Lock icon Ships shun bunkering in China despite rise in port throughput
      592 18 Put off by poor transparency,high prices, red tape Reuters numbers, but *4afl It comes to Organization fWTO) entry remains a bit player in the international bunker fuels trade. This is despitp }he ,wqrW: majof §cp9 opy,ipipprting more raw materials tnan
      Reuters  -  592 words
    • Article
      Lock icon What manning and training crisis?
      834 18  -  STRAIT TALK By DAVID HUGHES SAFETY in the shipping industry depends very directly on the quality of the seafarers who run the ships. That has always been acknowledged by the traditional shipping nations' administrations which developed robust and comprehensive systems of examining for and issuing
      834 words
    • Article
      Lock icon TRANSIT STOCKS
      278 18 Dec 7 St Vol CH Offshore n—0* 0.01 1033 Oman Hup 0.* -Ml 2502 Cosco Corporation. 232 -0.01 4130 CWTDistnbutiaA. -8J0 4D1 95 EzreHldgi 1.44 -0.02 2004 FreightLinks 0.07 0.01 68 Grand Banks Yacht- .0.89 unch 0 Java Holdings 0.01 2577 KiVenture unch 2226 Kappa) Corp .aMW 0.10
      278 words
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  • LOGISTICS
    • Article, Illustration
      Lock icon Federal Express presses for action on Japan Post
      423 19 Call for competition on equal footing in the international distribution market [TOKYO] Federal Express, the US express delivery group, has called on the Japanese government to strip Japan Post of all its operating advantages before it is allowed to enter the international
      REUTERS  -  423 words
    • Article
      Lock icon TNT to sell logistics unit, buy back shares
      404 19 Reuters [AMSTERDAM] Dutch mail company TNT is planning to sell its underperforming logistics business to focus on its mail and express operations and buy back 1 billion euros (Ss2 billion) of shares. TNT said it had appointed Goldman Sachs to assist with
      Reuters  -  404 words
    • Article
      Lock icon DHL to upgrade hub in China
      222 19 Bloomberg [SHANGHAI] DHL Express, the packagedelivery unit of Deutsche Post, will add an extra flight a week between Shanghai and Tokyo, and upgrade its Pudong hub as it continues Its entaioreti China. "China's market offers tfc&prgest opportunity for all express said Jerry Hsu. president
      Bloomberg  -  222 words
  • Page 19 Advertisements
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      154 19 Sis ;-**\3 >'•* m fi < f 'Z^^MfIHPP w if 2 i Kf —-A'!_' ■_|HM ■IK i 'iiiif FwMlilH jl I i -^3 «SSLv Jwl Today, Asian garment manufacturers have customers that stretch all the way from New Zealand to New York. From sourcing materials across the region, to delivering
      154 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Risks in Japan's monetary stance
      559 20 EDITORIAL POLITICAL meddling is interfering with the conduct of monetary policy in Japan to a degree that ought to be raising more concern in the rest of the world. But the international community seems so relieved to see any sign of life at all in
      559 words
    • Article, Illustration
      Lock icon Bush's'lucid dreams' becoming nightmares
      934 20  -  Washington's plans to 'punish' China and 'win' in Iraq are turning into worthless adventures LEON HADAR Washington Correspondent DREAMS "are chief nourishers in life's feast", said Shakespeare in Macbeth. Indeed, while dreams offer a private means to explore inner reality and to gain unique, undeniable, personal
      AFP; BLOOMBERG  -  934 words
    • Article, Illustration
      Lock icon DPP mill have to soften anti-China policies
      766 20  -  THE BOTTOM LINE FRANK CHING LORD Acton's maxim, that power corrupts and absolute power corrupts absolutely, has just been proven true again in Taiwan, where the ruling Democratic Progressive Party (DPP) won power five years ago on a campaign promise to stamp out
      766 words
    • Article, Illustration
      Lock icon Life sciences taking off in Asia
      1418 21  -  Region's market is enjoying healthy growth and proving to be a fertile test-bed for clinical trials of new products By SHRUTI DWIVEDI THE global life sciences market is currently valued at approximately US$6OO billion, enjoying a healthy year-on-year growth rate of 10-12 per cent.
      Source: Frost & Sultan  -  1,418 words
    • Article, Illustration
      Lock icon Japanese economy on the rebound
      1231 21  -  By MARTIN FACKLER NYT OLLEGE graduates face the best job market in a g decade, and wages are rising again. The lead stock market index has doubled in value in two l|. years. Corporate profits are the highest in recent memory. And for the first
      NYT; AP  -  1,231 words
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  • Article
    Lock icon SINGAPORE STOCKS
    10644 22 SGX MAINBOARD T ransaction date: Dec 7 52 Wk Tel Last Vol Day last Quote GrOiv Div GrYld Net MCap High Low Code Company Sale ♦<- C000) High Low Buyer Seller Cot P/E Smw 7.5 2 5716 1st Software 5c 2.5 unch 200 2.5 2.5 2 3 10.1
    10,644 words
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  • Article
    Lock icon FINANCE & COMMODITIES
    6259 23 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In local curr In SS In US$ dy yr dy yr dy Syr Dec 6 Index Change Change Change Change Change Change World Index Preliminary 969.3 0.5 13.7 0.5 11.0 0.6 7.5 EAFE Preliminary 953.4 0.2 23.4 0.3 12.0 0.3 8.4 Europe Preliminary
    6,259 words
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  • Page 24 Advertisements
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      1386 24 1 NYK GROUP SOUTH ASIA PTE LTD vSSI IkTVir r W V TEL 6295 0123 t&g£< m 3 Xm LINE Fax: 6292 2856(Re^onalsales)/6239 7109(OPS)/6299 5785 (Documentation) NIPPON YUSEN KAISHA TOKYO KNMKU KASHA. U(X (C/R NO **********0E) /Vf- 3 1 C** s 137 *****000 SENATOR LINES jfiftfefj 1 SENATOR ((.LA.) n»M
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      442 24 toiwuiutotoiwviq ygsa/vor Jjgg hbghiwu m km m i sw I jkt STUTCVenUH 24/05 IS 12 24/11 27/11 30/11 03/12 05/12 STttfISVOTUK 25/05 15 3 3 07/12 SHAFTS VBfTUK 24/05 15 3.2 11/17 21/12 24/12 W/12 31/12 iMUMiiMiwwwwa I vcsa/wr ummmmm to m m STB m mm jct |s» m F4Ktt/W
      442 words
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  • Page 25 Advertisements
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      1276 25 www.hQmburgsud.com ASIA SERVICE SUNG 1 (tXPWT) ASIA StltVKt SUWG 2 (tXPORT) vtsMi/vovon Singapore dorian sepetiia samtos (taiai paranagua vttni/vtwit Mm mum rwgramm samtos strmu Cop Bonovisto 505W 14/12 25/12 04/01 05/01 07/01 01/01 Cap Molaos 515W 10/12 02/01 05/01 07/01 01/01 NYK Estrelo 002W 21/12 01/01 11/01 12/01 14/01 15/01
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      Lock icon Page 25 Advertisements Column 2
      1067 25 vessel voy sw jkt hkg w i* m pus vessel voy sHr jkt sub hkg ush pus HYIKIDGE 104S 15/12 17/12 22/12 24/12 24/1 2 21/12 21/1? KMTC PUSAW 514S 11/12 14/12 15/12 20/12 24/12 25/12 HYVWHVOST 149S 22/12 24/12 29/12 31/12 2/1 VI 4/1 KMTC SINGAPORE 517S 1«/12 21/12
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      Lock icon Page 25 Advertisements Column 3
      697 25 WEEKLY EXPRESS SAILING SCHEDULE I- ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICQ POINTS! VtSSB I VOT I S« I PJUHCICQtOMO IH SUVA I COIOtMO I I 'I I I I also tccrtm fa to coo* tutkomn (vu counwo) and undu t &o* I (VIA N SWVAI CO—I MOTMBI VSU
      697 words
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  • THE BUSINESS TIMES SHIPPING TIMES
    • Article
      Lock icon THE BUSINESS TIMES SHIPPING GUIDE EXPORT
      7916 26 ETA ETA Advertiser Vessel Voyage Telephone HA HA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Oesfn Name Name Numb* Number 16/01 03/02 T ASM AN TASMAN MARINER *****3 *****288 To ABIDJAN (ABJ) 2003 Cote D'lvoire 23/01 11/02 tasman tasman pathfinder
      7,916 words
  • Page 26 Advertisements
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      683 26 VESSEL VOY SjN PGU VESSEL VOT SIM XT CSF 2301 0208P 05/12 07/12 PAt BIMTAM <327 "***** 06/12 -MUANM 1616N 06/12 06/12 ffiMU 4195 05/12 08/12 PKMNDA IMZN 07/12 08/12 P"™™ "g CSF 2301 0209P fi«Zll Q9/1? gj'gL 5555 r/m PAC BANDA IMBN 09/12 09/1? SciAU 4197 ~~WI2~ 22/12 JACMHDA
      683 words
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      Lock icon Page 26 Advertisements Column 2
      907 26 WAN HAI INTERNATIONAL PIE LTD a NOt M6«snoooo/l V?.A uiAil II A I I I air#* HL *****588 (MUMS) FAX; *****163 \\\|A WAN HAI I INF\ Sarvto/BoaktagiMradUm• (1800)*****200 llVflftll I Inl klllk# MIH: US *****0 M NUt 103) *****2 M M IB; (04) 22*5400 ML (04C*****9 V- JOMTL WBltR!ML|OTOSltni aXTH:|O3I)}2VM7SFU:fO3I)!2V27)4/»tl)OS
      907 words
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      Lock icon Page 26 Advertisements Column 3
      376 26 BSA a <-> MYANMA AM FIVE STAR UNE (Mvmmht National Um) Loadiag far Yaagoa VKStt VOY SIN Ml PfN PGU PAGAN J4IW SIO PAGAN MW SID IN MALAYSIA: IOUSTEAD SHIPPING AGENCIES KUI/PKL 03-*****3 M PEN: 04-*****1S JHI ACCEPTINB CONVENTIONAL C«0 vissa voy us sm pn km n mi sm iwii
      376 words
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  • BizIT
    • Article
      Lock icon S'pore ICT spending to hit $11.3b in 2006
      774 28  -  Services growth will compensate fall in hardware sales, says AMIT ROY CHOUDHURY AMIT ROY CHOUDHURY SINGAPOREAN enterprises are expected to spend $11.3 billion on Infocomm Technology (ICT) products and services next year, up by 4 per cent from the Sslo.B billion they
      774 words
    • Article
      Lock icon Korean display maker opens 1st overseas plant here
      319 28  -  By MATTHEW PHAN SOUTH Korean start-up Ness Display, which uses cutting-edge Organic Light Emitting Diode (OLED) technology to make electronic display panels, yesterday opened its Singapore factory its first outside Koreau, OLED is a relatively new technology that industry experts believe will
      319 words
    • Article
      Lock icon AMD sees 35% growth this year
      223 28  -  By ROLAND LIM SEMICONDUCTOR maker Advanced Micro Devices Inc (AMD) expects to end the year with revenues up 35 per cent, and sales in 2006 to remain strong. Speaking at a media briefing here on Tuesday. Hector Ruiz, chairman of the board, president and
      223 words
  • Page 28 Advertisements
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      Lock icon Page 28 Advertisements Column 1
      223 28 i-PhoneNet A managed IP telephony I V ■■■F easy I I V W W I Tried and tested by an base I |\x I a managed hosted virtual private IP network of carrier-grade quality. I W It enables voice and data communications for businesses operating B k faajji I'■■ i
      223 words
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  • PROPERTY
    • Article, Illustration
      Lock icon S'poreans' share of Q3 caveats increases to 79%
      538 29  -  M'sians overtake Indonesians as top foreign buyers of private homes By KALPANA RASHIWALA SINGAPOREAN buyers were out in force in the local private residential market in Q3, with caveats lodged by them rising 30 per cent over the preceding quarter. This boosted
      Source: URA P DTZ Research Dec, 2005  -  538 words
    • Article
      Lock icon HK top office rents seen rising by 20% in 2006: CBRE
      362 29 Reuters [HONG KONG] Rents for top Hong Kong offices will rise by 20 per cent in 2006, consultants CB Richard Ellis (CBRE) forecast yesterday. This is good news for landlords such as Hong Kong Land Holdings Ltd but bad
      Reuters  -  362 words
    • Article
      Lock icon UK must settle key Reit issues
      407 30 Success of Reits could depend on conversion costs Reuters [LONDON] Britain could create a booming market in real estate investment trusts (Reits), but the gov-, ernment must settle vital issues as it pushes ahead with its plans for the funds, industry figures said on
      Reuters  -  407 words
    • Article
      Lock icon Rise of 4% expected in UK house prices this year
      315 30 Bloomberg [LONDON] UK house prices will rise 4 per cent this year, the Council of Mortgage Lenders said, scrapping a previous prediction that they would remain flat Prices will rise 2 per cent in 2006 and by the same amount
      Bloomberg  -  315 words
    • Article
      Lock icon Househunt PROPERTY TRANSACTIONS BETWEEN NOV 29 AND DEC 6,2005
      1435 30 PROJECT NAME/ PROP CONTRACT TENURE BUtll-IN/LAND PRICE PSF STREET NAME TYPE DATE AREA'tSQ FT) (St'OOO) (St) District 1 NON-LANDED The Sail At Marina Bay Apt 14/11/2005 99 2185 3002 1374 The Sail At Marina Bay Apt 10/11/2005 99 1033 1498 1450
      1,435 words
  • Page 29 Advertisements
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      Lock icon Page 29 Advertisements Column 1
      327 29 Pni!l®^®s|^®"i|£' l 1 e development Site 0 Riffles Girls' For Sale by Tender Site Area: 25,083 sq ft (approx) yyVv Gardens Plot Ratio: 2.8, up to 36 storeys y_ A Prestigious residential enclave of District 9 \cjXXcilli Yv Near amentities and reputable schools scots V\ jLni9rSch r• y Close to
      327 words
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  • Page 30 Advertisements
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      Lock icon Page 30 Advertisements Column 1
      141 30 Minimum CDN525,500 -immediate return on investment %'<S' >S tf V A I H O Castleridge TD Plaza 2 I vJ Castleridge Blvd., Calgary, Alberta nil|l_ mi iBBS i I Rwttard Whitemud Shopping Centre !j||l# Jb iJ Your name on the property [crossing fl| |3i M,U T 4HHHHHHHHBHHHHHHBBHHHHHIBHHHHi fcl MBT 111
      141 words
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      Lock icon Page 30 Advertisements Column 2
      158 30 Residential Redevelopment Site in District 15 Pumpkin Garden <8> Tembeling Road 1 T 1 I•Freehold I.i Site area: 1,700.8 sq m* 1 1 1 MP 2003: Plot Ratio 1.4 •Within walking distance to 1 EJ22L' Parkway Parade and within Ikm to Tao Nan School •PossUftyof Parkway rtT«!l" I W7-loti ytaidbig
      158 words
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      Lock icon Page 30 Advertisements Column 3
      21 30 GOOD GAINS Let your investors know by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg.
      21 words
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  • BEAUTIFUL HOMES
    • Article
      Lock icon Adding the designer touch to your home
      502 31  -  There are a few important things you need to know before you engage the interior designer, says ARTHUR SIM ARTHUR SIM NOW that you have bought your new home, the next step is get it decorated. And if you are the type that
      502 words
    • Article, Illustration
      Lock icon Filled with light and satisfying everyone
      506 31  -  FEATURE HOME OF THE WEEK By ARTHUR SIM ON the drawing boards of your designer, your new home could look great. But when completed, it could look entirely different. Design, like art. is very subjective. So in some instances, it may actually be OK
      506 words
  • Page 31 Advertisements
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      Lock icon Page 31 Advertisements Column 1
      265 31 I Beautiful Homes A series brought to you by HSBC <Z> The right home should give you more one reason to celebrate. your one party your Besides, HSBC home loans come with other attractive benefits such as -HUB competitive interest rates, no 'lock-in' feature where there's no penalty n if
      265 words
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      Lock icon Page 31 Advertisements Column 2
      29 31 Do you Have a homo you art proud of? Visit www.hsbccom.s9 to toll us about It If your homo is featured In this series you wIH receive Ssl,ooo cash.
      29 words
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  • Page 32 Advertisements
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      Lock icon Page 32 Advertisements Column 1
      264 32 ijiul■■■■MMMriir'y n JF- Ma $4Sh| I| il l|l| i li| n > 1I i H. H 8 ./-<- J^* r -'-P Tr" Sfr ill «L aRy RMdfll m mriMfi vte.mmWm F-HJS WMa,<?!?. Li* 1 \IU (ttMUS-fS ■'>.£?!■ M A '-i f iT Ei >' ®|f i' ®**4 :«iaralPPv Klf I
      264 words