The Business Times, 6 January 2006
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2006-01-06
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The Business Times
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Title Section15 2006-01-06 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://btisiness-times.asialxom.sg MICA (P) 089/03/2005 Friday, January 6,200615 words
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751 2006-01-06 1 CHEN HUIFEN - Rapid growth seen catapulting it into top spot in manufacturing contribution By CHEN HUIFEN [SINGAPORE] The output of biomedical science (BMS) companies is increasing so fast that the sector could soon replace electronics as the top component of Singapore's manufacturing base. Going by751 words
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Article, Illustration597 2006-01-06 1 ARTHUR SIM - By ARTHUR SIM [SINGAPORE] The number and value of Good Class Bungalows (GCBs) transacted hit a record in 2005, with 90 properties worth a total of $700 million changing hands. Property consultant Savills says its 2005 flash estimates forSource: Savills - 597 words
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Article133 2006-01-06 1 sn 2.403.75 (+19.61) ST INDEX FUTURES 2.408.00 (+20.00) siMsa 285.10 (+1.66) SIMSO FUTURES ***** (+2.70) MARKETS Thursday Chang* KLSECOMP 90&66 +9.53 NIKKEI 225 16.***** >63.83 HANG SENG 15.271.13 +71.07 SET INDEX 741JS -1.98 JAKARTA COMP U11.00 -0.70 MANILA COMP 2,150.93 +12.88 SEOUL COMP 1.395.51 -6*0 SHENZHEN B 209.86133 words
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Page 1 Advertisements
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Advertisement18 2006-01-06 1 COMPANIES EGM not necessary: Airocean's acting chief PG4 g<K^g^yBj^F3M|flg2jto§^gsg^aßSSBy^c[|^^SBffl|H^M TRAVEL HOT SPOTS IN 2006 EXECUTIVE LIFESTYLE PG 2918 words
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Advertisement9 2006-01-06 1 IHHIMMHNPK /CX <*- Call for a buyers' ■HH IKS 199 words
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Advertisement231 2006-01-06 1 VJk MUSICAL Phantom reaches WME Buying smart in 2006 PG27 r A I tr "Passione" The Millc Miglia Chronograph. For pilots racing in the Mille Miglia (a thousand-mile race from Brescia to Rome and back) the strategy was simple: to drive as hist as possible for as long as possible.231 words
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TOP STORIES
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Article, Illustration537 2006-01-06 2 SIOW LI SEN - SGX to develop syariah-compliant indexes with FTSE, Yasaar Research By SIOW LI SEN (SINGAPORE] THE Singapore Exchange (SGX) is expected to launch the world's first Asian syariah exchange-traded fund within six months. The fund, which comes in response to a growing appetite fromBERITA HARIAN - 537 words
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Article667 2006-01-06 2 Giant Sentosa Cove site up for grabs soon DEVELOPERS keen on getting a piece of the action on Sentosa Cove will soon have a stab at the biggest site offered so far in the upscale housing district. BT understands that master developer/master planner Sentosa Cove Pte Ltd is667 words
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Article, Illustration503 2006-01-06 3 KALPANA RASHIWALA - 580,000 sq ft plot is slated for condos, retail development and a hotel By KALPANA RASHIWALA [SINGAPORE] Developers keen on getting a piece of the action on Sentosa Cove will soon have a stab at the biggest site offered so far in503 words
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539 2006-01-06 3 SHOEB KAGDA - SIA and Cathay Pacific deemed likely investors By SHOEB KAGDA in Jakarta INDONESIA is looking to sell a 49 per cent stake in state-owned airline Garuda Indonesia to help revive the debtridden carrier, but will also inject fresh funds into the airline.539 words
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Page 2 Advertisements
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Advertisement1060 2006-01-06 2 NOTICE OF SIXTH ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Food Junction Holdings Limited ("the Company") will be held at Orchid Room, Level 2, River View Hotel Singapore, 382 Haveiock Road, Singapore *****9 on 27 January 2006 at 10.00 a.m. for the following purposes:1,060 words
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Advertisement74 2006-01-06 2 r v> 'v t v Sr* i K 'J*rmsi W «p W**.* >v HH *i 4| SfejfitiM *>-# *H0 *stfMfc TffOililßrlliiPH«tlg!BB i _■>_—JM-Jl_. >~v m y^^n§~'-PtSi pfWoUf uallK vOnOHi 9 v|c r )fl *an Jl the Busies Tfeye i 1 Ask for your complimentary copy of BT at any SPC74 words
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Advertisement31 2006-01-06 2 HOT IPO Attract more interest I from investors. Place your IPO notice i in oar newspapers, i Call 1800 289 8822 S or email notices@sph.com.sg. 4 -r J J'iH B6ATS NOTICES31 words
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Page 3 Advertisements
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Advertisement96 2006-01-06 3 BT ONLINE BT print subscribers get free access to the Business Times Online. To activate your account, log on to http://business-times.asial .com.sg. For more information, e-mail btocs@sph.com.sg or call 6388-3838. bali is respected as the number one luxury resort destination in asia. a unique boutique villa hotel style development, 596 words
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Advertisement21 2006-01-06 3 f 1 i i Jif m y i s ii i M hs 1 one life! I* f I I* M21 words
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Advertisement9 2006-01-06 3 .w. 90/ per year /0 rental guarantee 5 years*9 words
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Advertisement133 2006-01-06 3 m m— s li I I! 3 J I luxury villas for sale sales gallery the oriental hotel boardroom 2, level 4 one day on ly Sunday Bth january, 10am to 6pm recent leading projects in bali have enjoyed a 100% capital appreciation of their land villa assets, as well133 words
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COMPANY NEWS
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371 2006-01-06 4 ROLAND LIM - By ROLAND LIM FRESH from seeing its shares hit a 15-month high on Wednesday, flash memory drive maker Trek 2000 International yesterday announced that electronics giant Toshiba will be purchasing about 15.1 million Trek shares to raise its equity stake from 5.3 per371 words
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Article, Illustration1001 2006-01-06 4 WONG WEI KONG - Meanwhile, exec director Dunn defends share sale by his family firm By WONG WEI KONG THERE is no reason to hold an extraordinary general meeting (EGM) to remove directors and appoint new ones, Airocean founder, chief operating officer and acting chief executive Johnson Chong hasSource: Bloomberg; FILE PHOTOS - 1,001 words
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397 2006-01-06 4 RONNIE LIM - By RONNIE LIM SINGAPORE Petroleum Company is gearing up for increased production from its Indonesian oil and gas fields, starting with the expected first barrels from the Oyong field "very soon", sources said. SPC will likely see oil flowing from Oyong, in397 words
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Article, Illustration624 2006-01-06 4 VEN SREENIVASAN - HOCK LOCK SIEW By VEN SREENIVASAN COULD Singapore Airlines end up owning up to 49 per cent of Garuda Indonesia? Some industry insiders certainly seem to think so, amid rumours that the Indonesian government, which owns the airline, is poised to approach either TemasekAFP - 624 words
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Article, Illustration480 2006-01-06 5 MATTHEW PHAN - It wins deal from Golar, the largest independent LNG shipowner By MATTHEW PHAN KEPPEL Corporation through Keppel Shipyard has secured a $90 million contract to convert a liquefied natural gas carrier into a floating LNG storage and re-gasification unit (FSRU), a world first. Keppel Shipyard,480 words
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588 2006-01-06 5 Reuters ST ENGINEERING Ltd, the world's largest aircraft maintenance firm and Singapore's main arms maker, may post slightly lower fourth-quarter net profit on Monday on lower defencerelated payments. But analysts say ST Engineering's 2006 earnings could rise as much as 15 per cent,Reuters - 588 words
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267 2006-01-06 5 LESLIE YEE - KPMG recommends accepting offer of US$0.3862 a share By LESLIE YEE THE offer for Del Monte Pacific by NutriAsia Pacific is "fair and reasonable" from a financial point of view, the independent financial adviser to Del Monte's directors has told the board.267 words
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Advertisement18 2006-01-06 4 eiac viniw jnciMitio> inywtofi Aiiooilon (Singapore) 12th January 2006,7.30pm Singapore Power Auditorium, 111 Somerset Road #02-01 Singapore *****418 words
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Advertisement30 2006-01-06 4 f Get a Leading Edge J Your sailing schedules get wider attention in The Business Times shipping pages Call Bernard Ong at 6319-1645 or Michael Chng at 6319-2062 Shipping Times30 words
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Page 5 Advertisements
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Advertisement262 2006-01-06 5 Sony Ericsson in| mm 1:. ,4 i: -1 ■I -t 'i 1 SlSftfi V i L" 1 i ;.j 1. i•i- 1 j- I .1 T I i j •—r I '< t t 1 j }r: 1 1 j > 1 j- n£ti MM I Ifl 4-: r— 'I*'262 words
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SINGAPORE MARKETS
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Article, Illustration518 2006-01-06 6 R SIVANITHY - STOCKS In the second line, there was still residual but selective interest in the oil and gas sector and China plays R SIVANITHY Senior Correspondent THE banks and the Jardine group replaced Keppel Corp and property stocks as the main drivers of the StraitsSource: Bloomberg - 518 words
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Article, Illustration752 2006-01-06 6 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS (Disclosures made on Jan 5 and earlier) Subsantial No of Price SHAREHOLDING Shareholder/ Share! Nr »«for« < AH«* Stock Tram Date Director Sell [000 Shr> Electrotech 5-Jan-06 Low Hock Peng *Sell 20 0.57 13.705 1H2 LafeTech 5-Jan-06 Ho Wing-On *Buv 527 0.19 *****0 KM3752 words
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211 2006-01-06 6 CHEN HUIFEN - By CHEN HUIFEN QUEK Leng Chan's Guoco Group has raised its deemed interest in China Sky Chemical Fibre Co to 7.4 per cent from 5.01 per cent. The change comes about following a series of purchases in the open market211 words
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Article, Illustration988 2006-01-06 6 UMA SHANKARI - Compiled by UMA SHANKARI Jurong Technologies lan s dose: SIJB OCBC iNVESTMENT RESEARCH, Jan 5 SEAGATE'S acquisition may be a blessing in disguise. Previously, we had assumed a worst case scenario for jurong Technologies' (JTL) hard disk drive business and we reduced its HDD revenues to zero in FYO7F.Source: Bloomberg - 988 words
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Article, Illustration534 2006-01-06 6 LARRY WEE - CURRENCIES LARRY WEE Senior Correspondent AHEAD of closely watched US jobs figures for December 2005, it was unmistakeably the turn of Asian currencies to hog the limelight as the US dollar slid further in Asian markets yesterday. Despite a marked absence of reported fatalities, USSource: Reuters - 534 words
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COMPANY NEWS
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394 2006-01-06 7 AMIT ROY CHOUDHURY - It'll gain foothold in fast-growing sports lottery equipment market By AMIT ROY CHOUDHURY SINGAPORE mainboardlisted Multi Vision Intelligent Surveillance Ltd yesterday announced that it is buying an indirect 45 per cent stake in a point-of-sale (POS) systems supplier for sports lottery operations394 words
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239 2006-01-06 7 Bloomberg [BANGKOK] Thai builder Property Perfect pel said yesterday that Fraser Neave Ltd has bought a 33 per cent stake in associated company Krungthep Land pel for 563 million baht (Ss23 million). Krungthep Land on Dec 29 sold 50 million new shares toBloomberg - 239 words
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COMPANY BRIEFS
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163 2006-01-06 7 AURIC Pacific Group through its wholly owned APG Strategic Investment Pte Ltd has acquired a near 29.9 per cent stake in Food Junction Holdings for $24.8 million. The stake which is just a whisker away from the takeover trigger point of163 words
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44 2006-01-06 7 LEARNING services provider Informatics Holdings said its latest' rights issue was 1.68 times subscribed, allowing the company to raise net proceeds of about $18.9 million, before the exercise of the warrants and after deducting estimated issue expenses of about $700,000.44 words
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70 2006-01-06 7 ENGINEERING group Tee International yesterday said its subsidiaries have won six contracts worth a total of $27.11 million from various parties, including the National University of Singapore. "To-date, the company has an outstanding order book of approximately $51.56 million for the Singapore70 words
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59 2006-01-06 7 ADAMPAK yesterday announced that the proposed listing of its associate company Aident Berhad on the second board of Bursa Malaysia was unsuccessful. As a result, the two conditional share sale agreements it entered with Aident for the proposed restructuring of associated companies, Aident Corporation Sdn59 words
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57 2006-01-06 7 ECON Healthcare Ltd's wholly owned subsidiary. Econ Healthcare (China), has entered into a shareholder agreement to acquire a 20 per cent stake in Boxuan Medical Equipment for US$717,000 in cash. Boxuan Medicaidquipment owns Zhuhai Boxuan Medical Equipment Co Ltd. a China-based company that57 words
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Article, Illustration405 2006-01-06 7 Reuters SINGAPORE microchip testing firm United Test and Assembly Center Ltd (Utac) yesterday said that firstquarter 2006 earnings would be "definitely better" than the year-ago quarter as demand for MP3 players and cellphones remains bullish. Utac became the world's fifth-largest chip testing and packagingReuters; FILE PHOTO - 405 words
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Page 7 Advertisements
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Advertisement159 2006-01-06 7 For Sale by Tender Prime Commercial Development Site at Tampines Central 1 a aI DBS Tampines Centre Pavilion tpe I Prominent and visible frontage to Tampines MRT Station Tampines Ave 7' 9 Tampines MRT Station at the mjfiUm doorstep and Tampines bus M interchange a stone's throw away Tampines Bus159 words
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SINGAPORE NEWS
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Article, Illustration615 2006-01-06 8 ROLAND LIM - They say creative environment is essential to spur the industry By ROLAND LIM IN JUST one month, the digital media industry in Singapore has garnered more than $1 billion in commitment from the government over the next five years, a move welcomed by international digital615 words
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Article188 2006-01-06 8 THE premium for a big car COE bounced back after the previous fortnight's plunge, but what was less widely expected was the weakness in the small car category. The first tender of the year for certificates of entitlement saw Category B for cars above 1,600188 words
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SINGAPORE ROUNDUP
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Article68 2006-01-06 8 SOME lanes will be closed this Saturday from 1 lam to spm because of an NTUC memorial service for former president C V Devan Nair. The affected lanes are one left-most lane of Shenton Way (in front of Singapore Conference Hall) and two left-most lanes68 words
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Article34 2006-01-06 8 THE Esplanade Co Ltd has appointed Theresa Foo as its new chairman. She will work with the management on leading initiatives to further extend the centre's reach within the community.34 words
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Article58 2006-01-06 8 SINGAPOBE'S first four-dimensional theatre, Sentosa 4D Magix, opened its doors to the public yesterday. It is equipped with a state-of-the-art Digital Projection DTS 6.1 Sound System. There are shows every half-hour from 1 Oam to 9pm (last ticket sold at 8.30pm) and tickets are priced58 words
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31 2006-01-06 8 JTC Corporation has sold the land parcel at Pioneer Boad under a 30-year lease to Soilbuild Group Holdings Ltd for about $3 million.31 words
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155 2006-01-06 8 SINGAPORK has been named the Financial Centra of the Future in The Ranker magazine's inaugural awards for financial centres. Singapore also came up tops in the Asia-Pacific category. The magazine said Singapore emerged tops because of "strong regulation and diversity of instruments and service155 words
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Article6181 2006-01-06 8 UNIT TRUSTS FUNDS AIM Anro Aaaat Mgt (S'pora) Star Europe Eqty!" 0.892/ Star fur ope Bom U'2> Star i nope Bal. 1-165/ Star Asian Tiger Eqty 1166/ Star Asia Bond 1.327/ Star Asia Balancad 1.094/ Star Global Technology Fundi" 0.214/ MultiStFd 1.061/ Star Asia Bond/USD) 0-804/ Gib Mutti St USO6,181 words
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Article, Illustration504 2006-01-06 9 KALPANA RASHIWALA - PROPERTY MARKET REVIVAL The Esquire at Mt Elizabeth is on the market again for almost $32m By KALPANA RASHIWALA EN BLOC activity continues to heat up in prime District 9, with the $45.2 million sale of Emerald Lodge in Emerald Hill RoadFILE PHOTO - 504 words
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424 2006-01-06 9 RONNIE LIM - By RONNIE LIM SHELL is drawing ever closer to a final decision on its planned US$l billion world-scale petrochemical cracker here. It said yesterday that it had awarded the basic design engineering package for the sole downstream, or secondary plant linked to424 words
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307 2006-01-06 9 UMA SHANKARI - By UMA SHANKARI KICKING off an expected slew of coming residential projects this year are three freehold residential properties that will soon be on the market two in Katong and one in the Pasir Pan-jang-Clementi area. The two properties in Katong—The Esta and One307 words
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348 2006-01-06 9 ARTHUR SIM - By ARTHUR SIM THE costs of operating a business in Singapore may have increased, but the upside is that this reflects an increase in demand for office space. The latest findings from DTZ Research's Global Occupancy Costs Survey show that occupancy costs in Singapore348 words
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Advertisement22 2006-01-06 8 AllianzGl Global High Payout Fund rated 4 stars Allianz (jjj) by Mercer Investment Consulting. Visit OCBC Bank lor details. ciobai investors j22 words
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Advertisement143 2006-01-06 9 I Get hooked... I I I I Hp Ri iiis( ynut p-itri t fr.uiit ot YVolt to tho most <-ih h.mtiiMj I luillktiit v unscts jihl tmints. kit fj(.ility you could .vish tot |ust min ty /-Mo CHAKIGI kissed nights Wlm-u- vo u i .in so.ik in utt down tin143 words
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ECONOMY WATCH
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1164 2006-01-06 10 Last fall, only half as much US dollars flowed into country as a year earlier NYT [HONG KONG] After several years of pouring huge amounts of money into China, speculators have abruptly stopped doing so, somewhat reducing the pressure for the Chinese to revalueNYT - 1,164 words
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297 2006-01-06 10 AFP [BEIJING] China's textile industry recorded an estimated 20 per cent year-on-year increase in revenues, profits and exports in 2005 despite trade disputes and the yuan's appreciation, state media said on Wednesday. The estimates from the China Chamber of Commerce forAFP - 297 words
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Article, Illustration430 2006-01-06 10 AP [TOKYO] Hopes were high for Japan's economic resurgence at a New Year's party for corporate executives yesterday at a time when profits are rebounding, consumers are spending and stock prices are at five-year highs. For the first time in years, the mood was positivelyAP - 430 words
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566 2006-01-06 10 Copper touches new high; precious metals also rally Reuters [LONDON] Industrial metals prices are performing strongly at the start of the year as investors and consumers have rushed to take advantage of a brief dip in prices, pushing copper toReuters - 566 words
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239 2006-01-06 10 Bloomberg [NEW DELHI] A panel of Indian ministers proposed the simplification of overseas investment norms to reduce the procedures required for government approval. The proposals, which cover various industries, will now go to the cabinet for action, Trade Minister Kamal Nath told reportersBloomberg - 239 words
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Page 10 Advertisements
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Advertisement637 2006-01-06 10 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF IPACS TECHNOLOGY PTE LTD (Registration No. *****2700E) STATUTORY DECLARATION BY DIRECTORS OF COMPANY'S INABILITY TO CONTINUE BUSINESS BY REASON OF ITS LIABILITIES I, GOH CHIN HOE of c/o 5 ANG MO KIO STREET 62 NCS637 words
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MALAYSIA/INDONESIA
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526 2006-01-06 11 S JAYASANKARAN - Anonymous e-mail says,among other things, that he was paid RM7,250 a day By S JAYASANKARAN in Kuala Lumpur A FOREIGN consultant allegedly paid RM7.250 a day by hard-pressed Malaysian Airline System has resigned in a move that could signal a more uncompromising526 words
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Article152 2006-01-06 11 Reuters [KUAI.A LUMPUR] Malaysian conglomerate Sime Darby Bhd has secured the franchise to import completely assembled BMW vehicles, including the Mini brand, from Jan 1, the company said yesterday. Sime has been appointed as the importer and supplier of the vehicles to BMW Malaysia SdnReuters - 152 words
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Article2439 2006-01-06 11 VOl Jan 5 RM W- (*000) ASM Realty 1 46 unch 2 Abric .0.32 0.02 56 ACP Industries 066 0.01 175 Advance Synergy .0.24 0.02 373 Adventa 037 unch 186 AE Multi .0.28 -0.02 229 Affin Hldgs 1.58 0.02 550 Ahmad Zaki Res 1.16 unch 12 AlCCorp 1.142,439 words
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482 2006-01-06 11 PAULINE NG - Bank could seek order to sell 3 sites placed as security By PAULINE NG in Kuala Lumpur PROPERTY investor and developer Lien Hoe Corporation has defaulted on the payment of principal and interest on RM14.86 million (556.5 million) it borrowed from482 words
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BRIEFLY ASIA
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Article91 2006-01-06 11 Bernama [KUAIA LUMPUR] Four brokers have applied to Bank Negara Malaysia for investment bank status. They are Avenue Securities, ECM Libra, Hwang-DBS Securities and PM Securities. ECM Libra has paid an initial deposit of RM2O million (SsB.7 million) as part payment of a total contribution ofBernama - 91 words
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Article80 2006-01-06 11 Reuters [HONG KONG] Indonesia's third-largest mobile phone company, PT Excelcomindo Pratama, will begin marketing a dollar-denominated bond next week, a source familiar with the deal said yesterday. The promotional tour would be held in Singapore on Monday, before moving to Hong Kong and London on TuesdayReuters - 80 words
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Article82 2006-01-06 11 Reuters (BEIJING] Sinopec Corp, China's largest refiner, has won government approval to build a US$3.l billion petrochemical complex in the north-eastern port city Tianjin, the China Daily newspaper reported yesterday. The project, which is slated to be completed by 2008, includes a one million tonneReuters - 82 words
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88 2006-01-06 11 Bloomberg [JAKARTA] Citigroup Inc. Credit Suisse First Boston and ÜBS AG are among 11 overseas banks invited by Indonesia's government to manage the planned sale of dollar-denominated bonds this year, a government official said. "We expect the banks to submit their proposal to theBloomberg - 88 words
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125 2006-01-06 11 Bloomberg [NEW DELHI] India plans to start the National Rural Employment Guarantee programme aimed at improving incomes and reducing poverty in villages on Feb 2, the government said. The jobs plan will entail an expenditure of 100 billion rupees (553.7 billion) for the twoBloomberg - 125 words
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Page 11 Advertisements
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Advertisement2337 2006-01-06 11 >AT^ NOTICES IN THE MATTER OF THE COMPANIES ACT (CAP. 50,1994 Ed) AND IN THE MATTER OF HOLLAND LEEDON PTE. LTD. (In Members' Voluntary Liquidation) (Company Registration No. *****0033H) NOTICE OF RESOLUTION At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 52,337 words
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GREATER CHINA
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Article, Illustration629 2006-01-06 12 Fresh govt rules on foreign ownership pave way for influx of overseas capital Bloomberg [SHANGHAI] China's plans to let foreign investors buy strategic stakes in listed companies may spur a revival of the nation's US$32O billion stock market by drawing in more overseas capital, saidBloomberg; REUTERS - 629 words
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508 2006-01-06 12 [BEIJING] China's securities regulator announced a new policy on Wednesday allowing mainland-listed companies to grant employees stock options as part of continuing stockmarket reforms, the South China Morning Post reported. The policy is intended to speed up non-tradable share reform by allowing only companies508 words
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Article407 2006-01-06 12 It overtakes Volkswagen to grab top spot Bloomberg [BEIJING] General Motors Corp's China sales rose 35 per cent to a record last year as discounts and a wider model range attracted buyers, helping the company take top spot from Volkswagen AG in the world'sBloomberg - 407 words
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325 2006-01-06 12 [HONG KONG] Listing candidate Lingbao Gold, China's second-largest gold miner, has extended the frenzy for new share sales into the new year with brokers estimating the offer could soak up at least HK$6O billion (5512.8 billion) in cash, the South China Morning Post325 words
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Article235 2006-01-06 12 Bloomberg [TAIPEI] Taiwan plans to abolish the ceiling for public companies investing in China provided they meet certain requirements in a bid to help strengthen their competitiveness, the top financial regulator said here yesterday. Currently, 37 listed Taiwanese companies have already exceeded the proportion ofBloomberg - 235 words
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Advertisement1139 2006-01-06 12 :*ATci 00 NOTICES IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF HE XING ENGINEERING PTE LTD (In Creditors' Voluntary Liquidation) Reg. No. *****0991 M urn-ice of final meeting NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act. Cap. 50, the1,139 words
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INDIA
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Article, Illustration88 2006-01-06 13 [TANGMARG, Kashmir, India] A Kashmiri child standing in a snowdrift yesterday in this village, some 40km north ofSrinagar. Officials say that some 6-9 feet of snow has accumulated on the road to the ski resort of Gulmarg making it difficult for vehicular movement. The breakdown ofAFP - 88 words
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551 2006-01-06 13 FOREIGN FORAYS Aim is to bypass patents by varying drugs' composition; method of delivery Bloomberg [NEW DELHI] Dr Reddy's Laboratories Ltd, India's third-biggest drugmaker by sales, is seeking acquisitions in the US to make branded medicines similar to those protectedBloomberg - 551 words
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258 2006-01-06 13 It's one of seven bidders for bydropower unit [MUMBAI] In its first atrpt to take over a foreign pany, Tata Power is in talks with German giant Siemens for acquisition of its hydropower business in Austria, reports the Business Standard. Confirming258 words
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141 2006-01-06 13 Reuters [MUMBAI] India's state-run Indian Oil Corp Ltd (IOC) and partner Oil India Ltd are close to acquiring a 90 per cent stake in an exploration block in Gabon for a total cost of US$l.2 billion, an Indian newspaper reportedReuters - 141 words
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Advertisement430 2006-01-06 13 Club Card World of Exclusive Privileges Treats Club ■ia||I|B||A||IUniAiMWIAi|MIAiIAi|IIIHMBBBVHHP EXCLUSIVE WINE LABELS FROM: mm a-.*, Hardyi Baron Idmondda HothiehMd "y Hanpkktd Chataau La Tour Mart Mac 7 ir o.j« Champ. SET"— Ouboeuf I**/?*-.. UmbeneCtiarl S&VZT V«a G^l Pranciicanlttttai PaUtChataaux Chilian Morgan Murphy Good* epAuicti Lull FaHpa Idwardl S ukm, H™430 words
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Advertisement13 2006-01-06 13 FESTIVE INDULGENCE rg? S Ml 1\ I I I v S ikin i13 words
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ASIA-PACIFIC/WORLD
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507 2006-01-06 14 Boom is likely to attract further investment from US-listed casino companies Reuters [SINGAPORE] Casino revenues in Asia will increase 20 per cent to US$l3 billion in 2006, driven by the strong growth of Macau's gaming industry, according to a report by LasReuters - 507 words
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411 2006-01-06 14 ANTHONY ROWLEY - Analysts see more pressure against policy tightening By ANTHONY ROWLEY in Tokyo THE Bank of Japan yesterday took the unusual step of denying media reports that it plans to monitor bank lending to the real estate sector as part of a strategy411 words
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Article154 2006-01-06 14 Reuters [HANOI] Intel Corp, the world's largest microchip maker, is seeking to build a US$6O5 million plant in Vietnam to produce chips and computer parts, a government official said yesterday. The application, which would make Intel Vietnam's first major foreign investor in the field, was underReuters - 154 words
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423 2006-01-06 14 LATEST US DATA Bloomberg, Reuters Reuters [WASHINGTON] US service industries expanded at a faster pace last month as job growth and rising incomes gave Americans the means to increase their spading. The Institute for Supply Management's index of financial services, construction,Bloomberg, Reuters; Reuters - 423 words
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484 2006-01-06 14 Reuters [SEOUL] The South Korean won jumped to an eightyear high yesterday, prompting the authorities to call an emergency meeting today on ways to curb the strength of the currency, which could hurt the country's exports. The currency alarm comes as data isReuters - 484 words
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Article, Illustration394 2006-01-06 14 Reuters [DUBAI] The man who transformed Dubai from a dusty Gulf city into a glitzy metropolis took over as ruler of the booming emirate yesterday, succeeding his elder brother who died on Wednesday. The UAE's defence minister and world-renowned racehorse breeder Sheikh Mohammed binReuters; REUTERS FILE PHOTO - 394 words
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Article, Illustration476 2006-01-06 14 Clipper Ventures Round-the-Worid Yacht Race. Leg 4, Race s,Days THE light winds to the north-west of Australia have started to take hold properly now; with boats' 12-hour runs dropping from 110-plus nautical miles to less than 80. This is good news for the boats farther south, with the GlasgowClipper Ventures - 476 words
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Article149 2006-01-06 14 PRIME Minister Lee Hsien Loong has sent his condolences to United Arab Emirates on the unexpected death of its vice-president and prime minister Sheikh Maktoum Bin Rashid Al-Maktoum. "On behalf of the government of Singapore, I would like to convey my deepest condolences to you and the149 words
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Page 14 Advertisements
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Advertisement443 2006-01-06 14 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF PWC CONSULTING HOLDINGS PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) CO. REG. NO. *****6493W NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company held at 8 Cross Street 11-00 PWC Building Singapore *****4 on the443 words
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WORLD
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Article, Illustration607 2006-01-06 15 It imposes US$50m penalty against McAfee, files criminal charges NYT [NEW YORK] The Securities and Exchange Commission (SEC), trying to put several years of angry battles behind it, announced on Wednesday an agreement on principles governing when the commission will impose financial penalties onNYT; AP Photo - 607 words
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279 2006-01-06 15 NYT [ALABAMA] A judge here ruled on Tuesday that the former chief executive of Health South, Richard M Scrushy, must repay his former company more than US$47.B million in bonuses. The ruling was returned by Judge Allwin E Horn 111 of Jefferson County CircuitNYT - 279 words
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310 2006-01-06 15 Rivals come up with varying prices as they tout their own products Reuters [LOS ANGELES] Warring factions in a battle for control of next-generation DVDs on Wednesday unveiled products at wildly varying prices, reflecting their views on what it takes to jumpstart aReuters - 310 words
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Article, Illustration510 2006-01-06 15 But M'soft makes strides in digital media centres AP [LAS VEGAS] Rival Google Inc may be nipping at its heels, but Microsoft Corp was not flashing any defeatist signs as it showcased its latest plans to help make living in the digital world easier,AP; REUTERS - 510 words
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Page 15 Advertisements
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Advertisement1212 2006-01-06 15 Mgp >AT-^ NOTICES In The Matter Or The Companies Act, Cap. 50 And In The Matter Of TRli-TECH ELECTRONICS PTE LTD Notice of Creditors' Meeting Pursuant To Section 2* Of The Companies Act, Cap. 58 NOTICE is hereby given that pursuant to Section 2* of the Companies Act, Cap. 58,1,212 words
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AVIATION
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314 2006-01-06 16 Project on track to start this year despite review of technical issues AP [NEW DELHI] The Indian government is re-evaluat-ing some technical aspects of its plan to use private companies to modernise the country's two main airports, but an official said the project isAP - 314 words
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303 2006-01-06 16 Bloomberg [CHICAGO] United Airlines, the world's largest carrier in bankruptcy, said it has fixed a computer glitch that delayed 200 flights and 20,000 customers on Tuesday in a second disruption of passengers within a month. About 6 per cent of the carrier's 3,400Bloomberg - 303 words
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295 2006-01-06 16 Bloomberg [CHICAGO] Hartsfield-Jack-son Atlanta International Airport handled more flights than any other airport in the world last year, surpassing Chicago's O'Hare International Airport for the first time in five years. Hartsfield, the busiest airport by passenger volume since 1998, had 980,197 take-offs andBloomberg - 295 words
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Article183 2006-01-06 16 Reuters [SAN FRANCISCO] An airline passenger with the words "suicide bomber" written in his journal was arrested when his plane arrived in San Jose, California, on Wednesday, but the words appeared to refer to music and he was later released, officials said. 4 A male wasReuters - 183 words
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183 2006-01-06 16 Bloomberg [NEW DELHI] Sahara Airlines Ltd, India's second-biggest non-state airline, offered free tickets to passengers forced to spend the night at the airport in the northern city of Lucknow because fog prevented planes from taking off. "We are offering to eachBloomberg - 183 words
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LOG BOOK
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Article57 2006-01-06 16 AFP Singapore Airlines (SIA) yesterday said it will begin services to Abu Dhabi in March, its second destination in the United Arab Emirates alongside existing flights to Dubai. SIA will be the only carrier operating between Abu Dhabi and Singapore, with threeAFP - 57 words
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102 2006-01-06 16 AFP [SINGAPORE] Air traffic for Asia-Pacific airlines posted its slowest monthly rise for 2005 in November, expanding by a mere 1.2 per cent year-on-year to 10.6 million passengers, the Kuala Lumpur-based Association of Asia Pacific Airlines (AAPA) said yesterday. In the first 11AFP - 102 words
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82 2006-01-06 16 Reuters [SYDNEYI Australian budget airline Virgin Blue Holdings Ltd yesterday said November passenger traffic rose by 8.6 per cent on a year ago after slowing capacity growth and introducing a frequent-flyer points programme. Revenue passenger kilometres rose by 8.6 per cent in November, saidReuters - 82 words
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80 2006-01-06 16 Bloomberg [LONDON] Ryanair Holdings Pic, Europe's largest low-cost airline, flew 29 per cent more passengers in December than a year earlier as the carrier added routes and flights. Dublin-based Ryanair served 2.8 million passengers last month compared with 2.2 million in December 2004,Bloomberg - 80 words
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Article, Illustration512 2006-01-06 16 Bloomberg [CHICAGO! Northwest Airlines Corp's largest union on Wednesday objected to the company's effort to eliminate almost half its members' jobs to cut costs in bankruptcy. The International Association of Machinists GAM), which represents 15,000 bag handlers, customerservice agents, stock clerks andBloomberg; AP - 512 words
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Article529 2006-01-06 16 gn ruwT —m—mfgr —no ttaDhaH IYWBA 12U mi n w m UmtUkid SOWS 0115 —'H MTm WrS 86 mm ism mm mm OSSm UAJ95 2355 —UAW 0M5 mi ili2 *m *i& —$35T18r™^ -23TO DSnSft W70C-ZJ5C jhww M588 1910 W588 M05 i$fi A***** 1745 SQlM 900 %ai529 words
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SHIPPING
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Article, Illustration1420 2006-01-06 17 DONALD URQUHART - US report also cites inadequate safety practices onboard S'pore-flagged chemical tanker By DONALD URQUHART [SINGAPORE] Failure to follow proper safety guidelines and serious cultural distrust onboard were cited as key factors behind the explosion and sinking of the Singapore-flagged Bow Mariner1,420 words
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881 2006-01-06 17 SELVA KUMAR - ADMIRALTY CASEBOOK By SELVA KUMAR A CHARTERER that listed only a general "info@xxx" e-mail address in the Lloyd's Maritime Directory could not later claim that an e-mail sent to that address to serve notice of arbitration was ineffective, an English court ruled last month.881 words
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332 2006-01-06 17 Bloomberg [SINGAPORE] Neptune Orient Lines Ltd, Evergreen Marine Corp and nine other shipping companies expect "stronger first quarter" demand to transport Asian goods to the US, where record volumes have been moved in the last four years. The shipping lines, which account forBloomberg - 332 words
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EDITORIAL & OPINION
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520 2006-01-06 18 EDITORIAL IS Jakarta serious about selling strategic stakes in its state-owned enterprises or are such sales done on the basis of expediency, only to be regretted later? Does the government have a clear and consistent policy on privatisation? These are the kinds of questions520 words
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Article, Illustration1018 2006-01-06 18 DOMINIC BARTON, SIMON CY WONG - Companies must, among other things, develop solutions on issues specific to the region By DOMINIC BARTON, SIMON CY WONG A WELL-FUNCTIONING board of directors can be good for the bottom line companies perceived to be well-governed will gain the confidence of shareholders, customers and otherST FILE PHOTO - 1,018 words
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Article, Illustration774 2006-01-06 18 ANDY MUKHERJEE - THE BOTTOM LINE ANDY MUKHERJEE Bloomberg JUST when it looked like India had found a way to modernise its decrepit airports, squeamish bureaucrats and stubborn politicians discovered new tactics to derail the plan. It was clear to policy makers that privatisation was inevitableBloomberg - 774 words
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Article, Illustration1369 2006-01-06 19 JAYANTA SEN - After all, at stake is a whopping US$50 trillion capitalised value of the excess that all importing countries pay By JAYANTA SEN THE major economic story of 2005 was probably the escalation of petroleum prices. Beginning an ascent from US$l2 per barrel inBLOOMBERG - 1,369 words
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Article, Illustration1587 2006-01-06 19 MARK LANDLER - By MARK LANDLER AP THIS is the year that the world's major economies will have to learn to live without easy money. The Federal Reserve has already significantly tightened monetary policy in the US. The European Central Bank raised interestAP; REUTERS - 1,587 words
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Article10438 2006-01-06 20 SGX MAINBOARD Transaction date: Jan 5 52-Wk Tet last Vol Day Last Quota GrOtv M> GrYM Nat MCa> High Low Coda Company Sala fOOO) High Uw» 8uyr Utm Cvr W <■ 7.5 2 5716 1st Software 5c 2.5 unch 100 2.5 2.5 2.5 3 10.1 22 6 314810,438 words
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Article6135 2006-01-06 21 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In local am In SI m UJ5 dy %r *®lf r d r Un4 IndM Owna« Own— Chao«» Ovingi Cl'«rg« ih«ngii Watt Index Prefrninaq 9851 07 155 tit 116 1J 107 tEAfE Preliminary 9S02 15 287 14 167 JL® li? Europe Preliminary *****6,135 words
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Page 22 Advertisements
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Advertisement961 2006-01-06 22 '-SKI I Bp Jjj I /Q\ NYK GROUP SOUTH ASIA PTE LTD V-A ATYKunK vSrS? TSJ K LIME Fax: 6292 2856(Regional sales)/6239 7109(OPS)/6299 5785 (Documentation) NIPPON YUSEN KAISHA TOKYO W»AJCU KAOMA. Utt (C/R NO **********0E) UK CONTINENT SERVICE U.S.A. SERVICE f Destination 1 f Destination C RRAVF ATW/RTM/BMN/TLB/NAN ANNETTA CAM/NFK/SAV/TPC961 words
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Advertisement596 2006-01-06 22 IWTBUaAtOtOiWVKi VBSa/VOT lAHWKI) HBGHTW WO KW 13 SM *T stiaits venue 2t/os is 3.? 11/12 21/12 01/01 oe/oi 06/01 snunsvoTUttOi/* is 3.2 11/01 m/di IsTunsvßnuttoi/tn is 3.2 23/01 26/01 31/01 03/02 05/02 IQiO WWB- 1 vßsa/voY tAMfom hbghtw ig I sm I mb srp wa mm jajsKlia COUWOIA LEADS/D3I~ 30596 words
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Page 23 Advertisements
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Advertisement1556 2006-01-06 23 WANHAi MTKNATIONALPTI LTD a m 14******000/1 TEL *****5U (14 INS) FAX: *****161 \KI \AIAIJ A I I INEC CmMmtSarvto/loofctagiD6vdLkw• (1100)*****200 IffMll IIMI LlllkJ miiimaMiMMiimsMinimwiiMiiiiiwwbiNiMMf V** joHiiiiv)isiMnMXi»msiMiMii:ini)atM»Miiim)a«m4/»iJH l i JtllKlll) 5M4114 FAX: |B1) JB47NFUI*: 714N1/*****1 WtnUT* www.wmwi.fm.ig »IK;|Dtl)4H7mwHo>l)«H*Wi/«mw p,Taia I WAN HAI ?3I N073 03/01 04/01 Ot/OI 07/01 111/01 TUG-12/01 13/011,556 words
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Advertisement1060 2006-01-06 23 W Jff HKUOW IMC KYH fUS VBStl VOY T JKT SUI HKG USD WIS HYVLADIVOSTOK 170S IVI 14/1 It/1 21/1 W\ 25/1 25/1 KMKSIW6APOK SIIS 1/1 11/1 12/1 17/1 21/1 22/1 HY WOMBS 107S It/I 21/1 24/1 21/1 30/1 1/2 1/2 KMTC JAKAKTA MIS 15/1 11/1 I>/1 24/4 21/1 29/11,060 words
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Advertisement636 2006-01-06 23 WEEKLY EXPRESS BAIUNG SCHEDULE I ALSO ACCEPTING TO ALL NORTHERN AND WEBTERN ICDfftINTS 1 .VKSa I VOT |sm I FJOAMqI COLOMBO llt SHEVA I COLOMBO I |.r—| 1 ALSO ACC7TMG Kl TO COCHW. TUTKOtW (VIA COLOMRO) AM KAMLA t 00*1 {VIA N SHIVA) CONMCTMG MOTHBt VSLS TO EUROPE (FUXSTOWI ROTTHOAMI636 words
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Page 24 Advertisements
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Advertisement774 2006-01-06 24 ONordano (Asia) Pie lid EEEZEE2? 70 Slwt— Way, *21-03 NORTH WEST EXPRESS LINE MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS DATS ARE AIHVAI DATES VESSEL VOY Shin on Tublli CwwMjgd (htffef hhri PerirCedi kland Express lE6OI Otiwi 16 Jon 2$ Jon 21 Jw 03 Fib Islond Express 1E602 04 Mi774 words
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Advertisement1021 2006-01-06 24 Vissa VOY gt P6U VBSE VOT SM JKT PACIAWDA 1430N 25/12 24/12 NCM" 4W 02*1 IBfll ssum wr urn nm ggy gg -Sn PMIAMOA mm 27/12 27/12 pmmhpa ZIE a/12 azi2_ -&B?* SS Iffi -KS Of 2301 821K a/12 */H g£ Jvol MKIANM l&a 2SZI2 2®Zl2_ KMU 4*n ~26?0i wssa1,021 words
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Advertisement698 2006-01-06 24 BSA iL e !fSHHSfcKIS?arSTBB I^^Br 0 MYANMA ■BR FIVE STAR UNE (MyoMiar Notional Übo) Loodiag for Yang on vtssa vot SIN PKI PEN PGU OHN SHWE HAW 90W 06/01 PAGAN 34¥W SU> IN MALAYSIA: OOUSTEAD SHIPPING AGENCIES KIR/PKL 03-*****360 PIN: 04-*****1S ACCEPTIH6 CONVENTIONAL C6O VESffl VOT HUG SM PKL KOI698 words
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THE BUSINESS TIMES SHIPPING TIMES
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8042 2006-01-06 25 This ETA ETA Adratfccr Vessel Voyage Telephone SIN Dest'n Name Name Neater Nmfeer To ABIDJAN (ABJ) 2003 Cote D'lvoire 14/01 08/02 Del mas D€LMA5 KERGUELEN 608W *****344 16/01 21/02 China Shpg DAXIN 159W *****898 18X11 15/02 Deimas FLORA DEIMAS 609W *****344 26/01 07/03 China8,042 words
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ARTS/EPICURE
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Article, Illustration1045 2006-01-06 27 PARVATHI NAYAR - ART Atul Dodiya's works reveal his fearlessness in experimenting with techniques, concepts and content. He talks to PARVATHI NAYAR about the influences that have shaped his art PARVATHI NAYAR EVERYTHING has its time, and the time for Indian art is now: it is crossing geographicalYEN MENG JIIN - 1,045 words
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Article, Illustration279 2006-01-06 27 PARVATHI NAYAR - FOOD By PARVATHI NAYAR TODAY is the Feast of Epiphany the day of the Three Kings Caspar, Melchior and Balthasar, who followed the star to Bethlehem and presented the Christ child with gold, frankincense and myrrh. In the French tradition, this day is celebratedARTHUR LEE - 279 words
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Article1186 2006-01-06 27 N K YONG - WINE By N K YONG BUYING smart is about sensible buying for one's pleasure as well as for return on investment, tangible and intangible. Smart buying is not about cheap buying it is about knowing what, when and how to buy for optimum It1,186 words
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Page 27 Miscellaneous
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Miscellaneous124 2006-01-06 27 CRYPTIC CROSSWORD 26 TT (3,3) Zto 3 4 Car--27 Where to find beer for re- 2 Where to find signs of sav- 5 Petitions that might inter- amel, 5 Aloe, 6 Suspend, 7 Dilturning teachers? (3) j n g? (8) est a person involved? (15) ettanti, 8 Arctic Wolf, 12124 words
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ENTERTAINMENT
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Article, Illustration516 2006-01-06 28 PARVATHI NAYAR - FILM By PARVATHI NAYAR THE movie can be described as a mishmash of Unfaithful meets Fatal Attraction meets Bonfire of the Vanities; in other words, when a man contemplates being unfaithful to a good woman, the tiniest wrong turn can escalate into,516 words
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Article, Illustration577 2006-01-06 28 GEOFFREY EU - FILM It's a quiet film that shuns easy resolutions and loud comic situations, says GEOFFREY EU GEOFFREY EU THE trouble with being a ladies man in your youth is that the past invariably catches up with you. "Sometimes, life brings some strange surprises," begins a letter577 words
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Article, Illustration497 2006-01-06 28 JAIME EE - FILM By JAIME EE ELIZABETHTOWN is a movie for different tastes. If you've been feeling suicidal lately, watch it because then you'll realise how embarrassing all those feelings of self-pity can be. If you're an Orlando Bloom fan, there's plenty to look at since he's in practically497 words
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362 2006-01-06 28 PARVATHI NAYAR - DVD By PARVATHI NAYAR EARTHSEA. a three-hour miniseries designed to please the hearts of fantasy lovers a huge fan base is also well-timed to profit from the present cinematic interest in all things fantastical. What's more, Earthsea comes with a good literary362 words
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Article, Illustration543 2006-01-06 28 JONATHAN YUEN - MUSICAL By JONATHAN YUEN BROADWAY history is about to be made on Monday when The Phantom of the Opera becomes the longest-running show in Broadway history. Its 7,486 th performance on Jan 9 will shatter the record (7,485) held by Cats, which was also written by543 words
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Page 28 Advertisements
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Advertisement22 2006-01-06 28 Lianhe Zaobao I Ascott plans I I I I rrrffehere I ill I pKF I I I^l jtTjfcii i jj *21 L'iirrAil22 words
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COVER STORY
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Article, Illustration1906 2006-01-06 29 ANEW year brings with it new experiences not the least of which are new countries and places to discover. But with many Singaporeans being generally welltravelled, where can they go in 2006 that they can boast about at the next chichi dinner party? The hottest destination or should1,906 words
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executive lifestyle
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Article572 2006-01-06 30 jaime ee - off the cuff jaime ee HAPPY New Year. I had expected it to be fairly uneventful the only major item on my agenda being to check all the Chinese New Year decorations in town to ensure that the God of Fortune "hat" they used572 words
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Page 30 Advertisements
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Advertisement86 2006-01-06 30 desire 250 YEARS OF UNINTERRUPTED HISTORY... r /jli lOk PATRIMONY I "^> AOe Hand-wound mechanical movement. mm i iiipw Ml ll' Hallmark of Geneva, Apertured caseback Roman ...DEDICATED TO PERFECTION VACHERON CONSTANTIN Manufacture Horlogere. Geneve, depuis 1755. Vacheron Constantin Boutiques Singapore: Ngee Ann City Malaysia: Kuala Lumpur Plaza Authorised Retailers86 words
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Advertisement23 2006-01-06 30 I ARTS SCORE CARD Keep your investors informed by advertising your financial results In our newspapers. Call 1800 289 8822 or email notices^sph.com.sg.23 words
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