The Business Times, 27 January 2006
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2006-01-27
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The Business Times
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Title Section17 2006-01-27 1 THE BUISNESS TIMES mmzm. SINGAPORE 85 cents OfWIWal vftiuJ/DtMHSPrVVRM i_*i'l¥ I- 41 55 *7! J J" -3:17 words
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Article849 2006-01-27 1 DONALD URQUHART - But takeover battle may have only just begin as Dubai Ports World is expected to fight back By DONALD URQUHART (SINGAPORE] PSA International and the Peninsular Oriental Steam Navigation Co (P&O) have reached agreement on the terms of PSA's £3.7 billion (5510.7 billion) bid849 words
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Article, Illustration83 2006-01-27 1 Su - By Su f?ii" BHBfHF)|9iVinpi' BPW#iF# ,3^#iiW: StttoSeeJ Wasbased on tpreriMfectotfc tnong tham "WeTrajr point .^r^lKM' owned by the family ofthe,l Prime Minister and his wife It waemore of what our vie# was for the country, the sector and specifically this company and its83 words
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Advertisement40 2006-01-27 1 'flHHHKIIIxiflMPVHHHHHHHHHHHHHHHHHHI^HH •V < Conspiracy theories about PSA dontstandupK3 Hi—Hi 1 Ask tor your uamiJiwfy copy (rfßTat any SPC aflft HR WOalTPTin pelrt station on Saturday I you a nwrtmun TYVvJISC/llvl purchase of m Offer good wMe stocks last Harlots Digest 340 words
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Advertisement22 2006-01-27 1 record sales mis■**> Stats ChipPae turns around with USsl7m Q4 earnings PG4 H- Keppel Corp notches record profit of $564 m PGS22 words
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Advertisement46 2006-01-27 1 \tm in iMi li tm £*-r V. fy< f A r T-r■ rJ' I A >V *> I i£j 'I' y'S J,. ..f •V *r •r '<*'■ J& jpF., .Vr L i f (.)R iHE Nr.X] K«i l r^'% ni' j y I f jfii Maurice Lacroix V46 words
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TOP STORIES
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Article774 2006-01-27 2 Market veteran appointed SGX's new head of listings THE Singapore Exchange has appointed veteran market player Lawrence Wong its new head of listings. Mr Wong, whose appointment takes effect on April 1, has more than 25 years of capital markets experience with key roles in equity fund raising774 words
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766 2006-01-27 2 CHUANG PECK MING - $30m set aside over next 2 years to help make workplace age-friendly By CHUANG PECK MING [SINGAPORE] The government says it will look at a proposal to consider legislating re-employment beyond the mandatory retirement age of 62. And it is ready766 words
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684 2006-01-27 2 NANDE KHIN - By NANDE KHIN {SINGAPORE] The Economic Developnwnt Board aims to attract more foreign entrepreneurs as-part of its plan to create a more complete enterprise ecosystem. "We hope to be a ground in which entrepreneurs from all over the world find it easy to684 words
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Article, Illustration321 2006-01-27 2 {SINGAPORE] BT Associate Editor Vikram Khanna's interview with Las Vegas casino mogul Steve Wynn has been voted BT's best story in 2005. It was the top choice of two-thirds of readers who took part in the BT-Prudential Business StoryYEN MENG JIIN - 321 words
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774 2006-01-27 3 GEORGE JOSEPH - COMMENTARY S'pore through Temasek has a disciplined approach in the management of its economic ventures overseas By GEORGE JOSEPH THE dust may not have settled with the P&O board of directors agreeing yesterday to accept the £3.7 billion (5510.7 billion) takeover offer for774 words
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Article, Illustration272 2006-01-27 3 UMA SHANKARI - Lawrence Wong has held senior posts at OCBC Schroders By UMA SHANKARI [SINGAPORE] Singapore Exchange (SGX) said yesterday that it has appointed veteran market player Lawrence Wong as its new head of listings. Mr Wong, whose appointment takes effect on April I,'hasFILE PHOTO - 272 words
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Article136 2006-01-27 3 STI 2,388.22 (+9.58) ST INDEX FUTURES 2,388.00 (+9.00) siMsa 284.03 (+1.86) SIMSCI FUTURES 284.20 (+0.80) MARKETS Thursday Change KLSECOMP 913.14 +3.37 NIKKEI 225 15,891.02 +240.02 HANG SENG 15,520.07 -0.32 SET INDEX 761.14 -1.56 JAKARTA COMP 1,226.653 3.464 MANILA COMP 2,117.81 +5.32 SEOUL COMP 1,352.75 +10.16 SHENZHEN B closed136 words
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Advertisement31 2006-01-27 2 ARROW U S A 1 8 5 1 /rv//////// (l f//r <■/!<■ n Now Open Men's and Ladies' Fashion Boutique Scotts Shopping Centre #02-10/11 Tel: *****619 Free 3-piece Handkerchief with Any Purchase31 words
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COMPANY NEWS
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Article592 2006-01-27 4 ROLAND LIM - HOCK LOCK SIEW By ROLAND LIM THE report card for Creative Technology's historically strongest quarter of its fiscal year is out, and it must have been thankful that its hard work yielded no red marks. Creative founder Sim Wong Hoo has certainly made good on his592 words
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Article, Illustration686 2006-01-27 4 ROLAND LIM - Creative's Q2 profit down 31 despite record sales Company says it will focus on selling higher-margin products By ROLAND LIM CREATIVE Technology Ltd yesterday reported a 31 per cent drop in its secondquarter profit despite recording its highest quarterly revenue in the past five years. Net profit, including an investment686 words
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241 2006-01-27 4 UMA SHANKARI - Company cites increase in raw material costs By UMA SHANKARI RECYCLING company Asian Micro Holdings reported yesterday that its net profit for the six months ended Dec 31, 2005, fell by a third, partly due to increases in the cost of crude241 words
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542 2006-01-27 4 LEE KIM SIANG - Company reveals US$300m spending plan for 2006 By LEE KIM SIANG STATS ChipPac, the world's third-largest microchip assembly company, announced a fourth-quar-ter net profit of US$l6.9 million on a US GAAP basis for the three months ended Dec 31, 2005. Tan Lay542 words
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Article, Illustration609 2006-01-27 5 CONRAD RAJ - Additional payout of 36 cents a share brings year's total to 46 cents By CONRAD RAJ KEPPEL Corporation reported record revenue and earnings for the financial year ended Dec 31, 2005, but just beating the general consensus estimates of analysts who hadARTHUR LEE - 609 words
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414 2006-01-27 5 RONNIE LIM - Unit will produce ultra-low sulphur gasoline and diesel By RONNIE LIM THE green light has been given for Singapore Refining Company (SRC) to proceed with its clean fuels plant estimated to cost US$lOO million-US$4OO million Singapore Petroleum Company (SPC) chairman Choo Chiau414 words
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COMPANY BRIEFS
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35 2006-01-27 6 ASCENDAS Real Estate Investment Trust (A-Reit) has signed a put and call agreement yesterday to buy 150 Übi Avenue 4 for $13.2 million from Sunlight Electrical Pte Ltd.35 words
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60 2006-01-27 6 OKP Holdings has warned of a loss for the second half of fiscal 2005, due mainly to additional costs incurred because of customers' request to extend the completion periods for some projects. It also expects lower FY2005 revenue. But the group is expected to60 words
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91 2006-01-27 6 SEMBCORP Utilities, a fully owned subsidiary of SembCorp Industries, has been ranked first of two short-listed bidders for the privatisation of an independent water and power plant (IWPP) in Fujairah, UAE, by the Abu Dhabi Water and Electricity Authority (ADWEA). SembUtilities had in November91 words
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67 2006-01-27 6 BH Global Marine saw net profit for 2005 fall slightly by one per cent to $6.8 million despite a 23.4 per cent rise in revenue to a record $30.3 million. The profit dip was the result of higher cost of goods brought about67 words
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Article60 2006-01-27 6 DBS Group said yesterday that its subsidiaries DBS Bank and DBS Asset Management have entered into an agreement with Hong Leong Asia's China Yuchai International to sell part of its stake in LKN-Primefield for $63.2 million. After the sale, DBS Group's stake in LKN-Primefield will60 words
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46 2006-01-27 6 MAPLETREE Logistics Trust (MapletreeLog) is buying two logistics properties in Malaysia for RM41.7 million (SslB million). It is also acquiring a warehouse facility for RM4S million by purchasing shares of a special purpose vehicle, Pancuran Baiduri Sdn Bhd, which owns the assets.46 words
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288 2006-01-27 6 WONG WEI KONG - Rodolfo Mata has been at the centre of admiralty claim By WONG WEI KONG PAN-UNITED Marine (PUM) is finally selling a ship which has been at the centre of an admiralty claim for a gain of Ssl7 million. PUM yesterday announced the disposal of288 words
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Article, Illustration701 2006-01-27 6 KALPANA RASHIWALA - Shopping centre trust plans to increase portfolio to $5-6b in 3 years from $3.4b now By KALPANA RASHIWALA CAPITAMALL Trust (CMT) yesterday posted distributable income of $25.82 million for Oct 31-Dec 31, 2.9 per cent higher than its own forecast made in OctoberFILE PHOTO - 701 words
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276 2006-01-27 6 LESLIE YEE - By LESLIE YEE PRIVATELY-HELD application service provider Just Login has been awarded damages of $280,000 after winning a suit it filed against OCBC Bank over a scuppered deal. The case dates back to 2002 when Just Login, in a case against OCBC276 words
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300 2006-01-27 6 MICHELLE QUAH - By MICHELLE QUAH CONTRACT manufacturer GES International turned in a 23 per cent rise in net income for its second quarter ended Defc 31, as it pared operating costs, while seeing healthy demand for its original design and manufacturing services. Net profit after300 words
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Article, Illustration376 2006-01-27 6 CONRAD TAN - By CONRAD TAN SHIPBUILDER ASL Marine Holdings yesterday posted a triple-digit increase in first-half net profit, on the back of recent growth in the marine and offshore industry boosted by high oil prices. Net pVofit for the six months ended Dec376 words
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261 2006-01-27 6 SC Global buys site at Martin Rd for $17.8 m DEVELOPER SC Global, better known for its highend residential projects, is paying $17.8 million for a Martin Road freehold property that can be redeveloped on a residentiaL-cum-commercial basis. Through its wholly owned subsidiary Kimmingston Pte Ltd, SC Global struck the261 words
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Advertisement798 2006-01-27 4 :*AT3 NOTICES Toil free: 1800-289-8822 Email: l IN THF. Hir.H COURT OF THE REPUBLIC OF SINGAPORE Originating Petition No. 15 of 2005/ A In the Matter of the Companies Act (Cap. 50) Section 2278 And In the Matter of EVERGREAT CONSTRUCTION COMPANY PTE LTD (RC No. *****0040Z) NOTICE OF JUDICIAL798 words
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Advertisement177 2006-01-27 4 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF PAC-MED S.EASIA PTE LTD (Co. Rag. No. *****1224Z) KINGSTON PACIFIC CORPORATE SOLUTIONS PTE LTD (Co. Reg. No. *****1986H) PATHOLOGY SERVICES PTE LTD (Co. Reg. No. *****0646 C) (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE177 words
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Advertisement213 2006-01-27 4 NOTICE OF FINAL MEETING IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF CHEMQUEST INTERNATIONAL PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) (REGISTRATION NO. *****5690Z) NOTICE IS HEREBY GIVEN that the Final General Meeting of the members of the abovenamed Company will be held at 11th213 words
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Advertisement262 2006-01-27 5 I FULFILLING ITS«jSP I WEALTH OF APPLICATIONS I China Essence Group Is one of the leading potato-processing producers In China, established to fulfill the growing potential K and applications of potato starch in many industries. kf *^>'\, Ranging from food, textiles, pharmaceuticals, "few 1& in the pharmaceutical industry in the262 words
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Advertisement510 2006-01-27 6 J.P. Morgan International Derivatives Ltd (Incorporated in Jersey with limited liability) NOTICE TO WARRANTHOLDERS To ALL HOLDERS OF EUROPEAN STYLE CASH SETTLED CALL WARRANTS RELATING TO THE ORDINARY SHARES OF SINGAPORE AIRLINES LIMITED ISSUED BY J.P. MORGAN INTERNATIONAL DERIVATIVES LTD. (SIA JP ECW*****0) Notice is hereby given by J.P. Morgan510 words
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Advertisement40 2006-01-27 7 a^^.. w^^?hl^K Ss'fly J||yj^^^^^| h&m jfl 3 j£ jfl J§mi '■£\w r m -Ji W w ;< '^H 'i»jW VHHf 9 Pv-'° '"*i*l|f jP^lr^ >v v I '"#j~ IP*,' "X.':;-• jt^S'i ffet\i <9 pp HI dg^Sp ■LyJ >* v- /g Ippr El40 words
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SINGAPORE MARKETS
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Article, Illustration514 2006-01-27 8 R SIVANITHY - STOCKS China plays and oil dominate second line; technology stocks see active trading albeit with mixed results R SIVANITHY Senior Correspondent \m ou would be hardB pressed to find a ses- B sion that typifies the local stock market more than yesterday's. Two stocks,Source: Bloomberg - 514 words
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Article, Illustration513 2006-01-27 8 LARRY WEE - CURRENCIES LARRY WEE Senior Correspondent THE US dollar had a mixed session yesterday ahead of next week's extended Chinese New Year (CNY) break for several Asian centres, but the sterling pound noticeably outperformed its European counterparts. The British currency perked up considerablySource: Reuters - 513 words
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Article523 2006-01-27 8 UMA SHANKARI - By UMA SHANKARI CWT Distribution director acquires 2% of company LOGISTICS provider CWT Distribution said in a filing to SGX yesterday that its substantial shareholder C&P Holdings Pte Ltd has reduced its stake in the company from 62.46 per cent to 60.46 per cent. The reduction came523 words
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Article1002 2006-01-27 8 UMA SHANKARI - Compiled by UMA SHANKARI Singapore Petroleum Co Jan 26 dose: $5 JO MERRILL Lynch has revised up its price target for shares in Singapore Petroleum Co Ltd (SPC) to $5.90 from $5.60 after the company reported slightly higher fourth-quar-ter profit The oil and gas refining and marketing firm said1,002 words
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Article, Illustration436 2006-01-27 8 OTHER SINGAPORE INDICES Jan 26 VALUE CLOSE BT OB/OS -105.00 +101.00 BTCAPI -*****.00 +5.00 BT 10-day MA -*****.00 -10.00 All-SG Equities 614.70 +3.09 SG Equities Elect 122.87 +0.69 5G Equities Fin 1719.63 +8.74 SG Equities Prop 761.39 -2.71 SIMSCI 284.03 +1.86 SiMSCI Futures 284.20 +0.80 MOST ACTIVE STOCKS VOLUME SingTel436 words
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Advertisement1874 2006-01-27 9 %l#estpac Banking Corporation I %Mestpac I Banking Corporation Westpac Banking Corporation and its controlled entities (All figures quoted in Australian dollars) ■■■■■■■hh ~~szL STATEMENTS OF FINANCIAL POSITION AS AT 30 SEPTEMBER ISX'™*,,,.,, Facsimile: (612)9226 4128 \a/ d i,- n .I, Consolidated Parent Entity a fter deducting distributions on other international1,874 words
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SINGAPORE NEWS
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363 2006-01-27 10 ALEXANDRA HO - It sets target of 9.4 m visitor arrivals, $12b in tourism receipts By ALEXANDRA HO RIDING on the record number of visitor arrivals in Singapore last year, the Singapore Tourism Board (STB) has set the bar even higher for this year with a363 words
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Article, Illustration88 2006-01-27 10 A 20-metre tall God OfFortune towering over the site ofSingapore River Hong Bao 2006 with the financial district in the background. It took two weeks to set up. instead of the usual three days due to the heavy rainfall the past week. Made of cloth, fibreglass and steel,YEN MENG JIIN - 88 words
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240 2006-01-27 10 BANGKOK, Hong Kong and Jakarta are the top three destinations over the Chinese New Year holidays for local flights booked through online travel portal Zuji Singapore. Some 15.6 per cent of total purchases on Zuji. com. sg for flights over this period240 words
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688 2006-01-27 10 S JAYASANKARAN - By S JAYASANKARAN in Kuala Lumpur SINGAPORE'S Ministry of Foreign Affairs (MFA) yesterday said that it was "puzzled" by a New Straits Times report which said Malaysia plans to build a bridge across its half of the Johor Straits without demolishing the Causeway.688 words
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Article, Illustration862 2006-01-27 10 Reuters WHEN Lim Oon Kuin arrived in Singapore as a boy 50 years ago, he worked at a seafood market and then started delivering diesel by bicycle to boatmen. Now 62, he juggles mil-lion-dollar oil deals as head of Hin Leong Group, aReuters; FILE PHOTO - 862 words
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Article, Illustration317 2006-01-27 11 OH BOON PING - Factory output up 5.1 in December Biomedical production drops 23.9% that month By OH BOON PING SINGAPORE'S factory output rose 5.1 per cent year-on-year in December despite a contraction in the biomedical segment. Excluding the biomedical cluster, manufacturing output rose 15 per cent, based on data released yesterday by the317 words
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Advertisement716 2006-01-27 10 MACCXJARC MACQUARIE BANK LIMITED (ABN 46 008 583 642) (Incorporated under the laws of the Australia) NOTICE TO WARRANTHOLDERS To (1) ALL HOLDERS OF EUROPEAN STYLE CASH SETTLED CALL WARRANTS RELATING TO THE UNITS OF SUNTEC REAL ESTATE INVESTMENT TRUST ISSUED BY MACQUARIE BANK LIMITED (SUNTEC REIT MBL ECW*****1); AND716 words
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Advertisement1348 2006-01-27 11 I HIM. Ml Corporation I Keppel Corporation Limited H Co Reg No: *****0351N (Incorporated in the Republic of Singapore) 2005 FULL YEAR FINANCIAL STATEMENT AND DIVIDEND ANNOUNCEMENT I 1. UNAUDITED RESULTS FOR THE YEAR ENDED 31 DECEMER 2005 4. DIVIDEND/CAPITAL DISTRIBUTION The Directors of Keppel Corporation Limited.advise the following unaudited1,348 words
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ECONOMY WATCH
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617 2006-01-27 12 Construction boom in India, China and tensions in Mideast cited as reasons Reuters [SINGAPORE] From gold to grains, world commodity prices are surging on the back of aggressive buying by investment funds and Asia's appetite for raw materials, and analysts say theReuters - 617 words
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434 2006-01-27 12 Reducing budget deficit to be a key priority this year Reuters [WASHINGTON] Congress will receive a "quite austere" budget proposal next month that tightens the grip on spending, Treasury Secretary John Snow pledged on Wednesday, adding that constraining the budget deficit will be aReuters - 434 words
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287 2006-01-27 12 AFP THE global advertising market should be stronger this year than last owing to the Winter Olympics, soccer World Cup and US congressional elections, but the situation will still be tough overall, the head of advertising giant WPP Group saidAFP - 287 words
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283 2006-01-27 12 Reuters FOURTEEN top Indian chefs will cater for the world's elite at Davos this weekend while local bars host Indian "happy hours" in a charm offensive to persuade investors China is not the only game in town. Leaders from top Indian companiesReuters - 283 words
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Article, Illustration367 2006-01-27 12 DAVOS FILE Reuters CHINA must allow its yuan currency to strengthen further and last year's revaluation has had no effect on the economy's strong growth rate, US Treasury official Timothy Adams said on Wednesday. "It's more than it was but not enough, and itReuters; AFP - 367 words
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Advertisement1074 2006-01-27 12 o MACQUARIE MACQUARIE BANK LIMITED (ABN 46 008 583 542) (Incorporated under the laws of Australia) NOTICE TO WARRANTHOLDERS Proposed adjustments to the terms and conditions of: (i) 88,000,000 European Style Cash Settled Call Warrants expiring on 8 February 2006 relating to the ordinary shares of Cosco Corporation (Singapore) Limited1,074 words
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Advertisement3534 2006-01-27 13 /rpc EES International Limited Company Registration Ato. I9B&OI4&7R Unaudited Ist Half Financial Statement for the Period Ended 31/IS/SOO5 5. If there arc any changes in the accounting policies and methods of computation, including any required by an accounting standard, what has 1(a) An income statement (for the group) together with3,534 words
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MALAYSIA/INDONESIA
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446 2006-01-27 14 S JAYASANKARAN - Bankers say it is likely to offer RM4.30 per SBB share By S JAYASANKARAN in Kuala Lumpur THE much-delayed takeover of Southern Bank (SBB) by Bumiputra-Com-merce (BCB), Malaysia's second largest lender, will finally get underway after the close of trading today when446 words
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Article, Illustration336 2006-01-27 14 Berna ma [KUALA LUMPUR] Former finance minister Daim Zainuddin yesterday asked for the release of specific Cabinet minutes relating to former toll concessionaire Syarikat Teratai KG Sdn Bhd (STKG) or Metramac Corp to be declassified to enable him to clear his name of any wrongdoing.Berna ma - 336 words
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184 2006-01-27 14 AFP [JAKARTA] Indonesian prosecutors yesterday sought a 20-year jail term each for three former executives of the country's largest state bank accused of multi-million dollar corruption. The recommendations for the three former Bank Mandiri executives were based on proof that they hadAFP - 184 words
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254 2006-01-27 14 AP [KUALA LUMPUR] Bank Islam Malaysia said yesterday the central bank has given approval to Dubai Investment Group LLC to start due diligence on its proposal to buy 49 per cent of Malaysia's largest Islamic bank. Bank Islam said in a statementAP - 254 words
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BRIEFLY ASIA
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62 2006-01-27 14 AFP [BEIJING] China's banking regulator said yesterday the non-performing loan ratio of the country's major commercial banks fell to 8.9 per cent at the end of 2005 the first time it fell to a single-digit figure. This was 4.3 percentage points lower than atAFP - 62 words
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Article48 2006-01-27 14 Bloomberg [JAKARTA] Indonesia's central bank may allow commercial banks to hold fewer reserves with the regulator, leaving them with more funds to lend, Governor Burhanuddin Abdullah said. "That's one of my objectives in the first quarter this year," Mr Abdullah said yesterday.Bloomberg - 48 words
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51 2006-01-27 14 AP [KUALA LUMPUR] Malaysian banks will eliminate Saturday hours in many branches in a move to a five-day work week next month, hoping to encourage more online banking, an industry official said. Malaysia's Association of Banks issued a statement on the move on Wednesday.AP - 51 words
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55 2006-01-27 14 AFP [MANAMA] Bahrain-based Shamil Bank announced Wednesday the launch of the first Islamic fund for investments in Chinese real estate, worth US$lOO million. "The (fund) will invest in the Xuan Huang China Realty Investment Fund Limited, a joint venture between Shamil Bank andAFP - 55 words
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Article2405 2006-01-27 14 VOL i—» n» w- cm A AM Ready MS 0.04 7 Abnc 0.32 0.02 63 ACP Industries j0.73 0.07 21 Advance Synergy .0.22 0.01 12S Adventa 1.25 -0.03 121 AEMuki 0.29 0 04 157 Affin Hldgs 1.60 -0.01 1687 AhmadZakilte 1.22 0.01 4 AKCorp 1.14 -0.01 22 AirAsia2,405 words
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Advertisement1590 2006-01-27 14 :*at^ NOTICFS X A. 1 Toll free: 1800-289-8822 Email, notices-"sph com sg BUY IT- SE.. IT- flND IT IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF COMPACTION TECHNOLOGY (SINGAPORE) PTE LTD (In Members' Voluntary Liquidation) Reg. No. *****5875D NOTICE OF RESOLUTIONS At an Extraordinary1,590 words
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Advertisement527 2006-01-27 14 IN THE MATTER OF THE COMPANIES ACT (CAP. 50, 1994 ED) AND IN THE MATTER OF ORDNANCE DEVELOPMENT AND ENGINEERING COMPANY OF SINGAPORE (PRIVATE) LIMITED (In Members' Voluntary Liquidation) (Company Reg. No. *****0157W) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act527 words
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GREATER CHINA
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389 2006-01-27 15 Move to enhance banks' efficiency in dealing with investors' money [HONG KONG] The Hong Kong Monetary Authority (HKMA) is revising the guidelines for initial public offerings (IPOs) to enhance the efficiency of banks in dealing with large amounts of investors' money and paying refunds389 words
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Article, Illustration299 2006-01-27 15 Reuters [TAIPEI] Top contract microchip maker Taiwan Semiconductor Manufacturing Co (TSMC) said yesterday its fourth-quarter profit rose 53 per cent to a record, in line with market expectations, thanks to robust pre-Christmas demand. Demand for TSMC chips has been recovering towards theReuters; TSMC - 299 words
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264 2006-01-27 15 Reuters [HONG KONG] Lenovo Group Ltd, the world's No 3 PC maker, lagged expectations with a 12 per cent jump in quarterly earnings yesterday, fuelled by its US$l.25 billion IBM purchase in 2005. The firm has been losing market share toReuters - 264 words
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Article6022 2006-01-27 15 UNIT TRUSTS FUNDS ABN Amro Asset Mgt (S'porc) Star Enope Eqty< 0.882/ Stat Europe Bond 1208/ Star Europe Bal 1 16/ Star Asian Tiger Eqty 1.15// Star Asia Bond 1 307/ Stat Asia Balanced 1076/ Star Global Technology Fund'** 0.209/ MultiStFd 1061/ Star Asia BomXUSD) 0805/ Gib Multi St USD6,022 words
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Advertisement25 2006-01-27 15 t 1 AllianzGI Global High Payout Fund rated 4 stars Allianz (fij) I by Mercer Investment Consulting. Visit OCBC Bank tor details. ciobai investors I25 words
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INDIA
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353 2006-01-27 16 Move to help state banks meet global norms taking effect in March next year Bloomberg [MUMBAI] India's central bank will allow wider options for state-owned banks to raise capital to meet new international norms that will take effect next year. Banks willBloomberg - 353 words
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324 2006-01-27 16 Bloomberg [MUMBAI] Tata Consultancy Services Ltd, India's biggest software maker, said "commoditised" or lower-value software development services will move to lower-cost locations such as Vietnam and Cambodia. "Commoditised services, where price is the determining factor, will seek natural locations," S Ramadorai,Bloomberg - 324 words
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Article, Illustration50 2006-01-27 16 [SRINAGAR. India]Kashmiri girls singing a patriotic song during India's Republic Day celebrations in Srinagar, the summer capital of Indian-administered Kashmir, yesterday. India became a republic on Jan 26,1950, and celebrates the day with military parades, pomp and ceremony in all major cities of the country. REUTERSREUTERS - 50 words
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209 2006-01-27 16 Move follows US$1b takeover of Aircel in December Reuters [MUMBAI] Malaysia's biggest cellphone company, Maxis Communications Bhd, is looking to buy a stake in India's privately owned Spice Telecom, the Times of India newspaper reported yesterday. BK Modi holds 51. per cent ofReuters - 209 words
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279 2006-01-27 16 Reuters [MUMBAI] India's diversified Grasim Industries Ltd posted a larger-than-expected 25 per cent drop in quarterly profit on Wednesday as its strong cement operations were overwhelmed by other weak businesses. Shares in Grasim, a component of the benchmark BSE index, fell as muchReuters - 279 words
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Advertisement240 2006-01-27 16 Club Card r»*y/»«.mi***** WarlA of Exclusive Privileges Treats Diners Club vjsiHi^nNH UW Featuring over 20 varieties of fp4 mushrooms, fresh seafood and WB| meat served in a signature hot f pot and other exciting jfiflr f modern Chinese dishes. W jfc MLWVOOm\ Sumptuous set menus The Mushroom Pot Jb/& #01-02240 words
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Advertisement164 2006-01-27 16 17 not it/lie Wine Cellar B B rjrr >: ra i' :*jj mi-„ rv, TV 'M.Mtt' i v y. ~31 |f ijjll 4 j|i Vff ifMimil /1. -i U />/<' Selections of Quality ines from \nstralia, I ranee, Italy, Spam, alifornia, hile, Smith \friea ami Argentina lilk 4 (Jneen's Road164 words
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Advertisement113 2006-01-27 16 SontacatrMM Hi -4*41/42 WIMIM I Hn*n OtyK*#* Ht» **2-10 11 W.UMMW CttluMvety f»r CHiwr* Gfufe 6af4m#mto»r»> 50% off Seafood Steak Combo Main Courses Tyyf Jl C««<WU«m Pramaim* **4 uMM >* Fwtl MM IraOuOn i j t 14 f+c 2006) Willi msk* prior manautn* tog ifuou 'Oumn Quittmt rnmMafi't to\ <s-x.quM113 words
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ASIA-PACIFIC/WORLD
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Article, Illustration486 2006-01-27 17 Firms benefiting from muted expectations, tight Q4 inventories Reuters [SAN FRANCISCO] A raft of solid earnings reports from US microchip companies on Wednesday offers more evidence that strong, steady growth backed by consumer demand is supplanting the wild swings of the past. FirmsReuters; FILE PHOTO - 486 words
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346 2006-01-27 17 Bloom berg [DUBAI] Dubai plans to set up a fund worth as much US$l5 billion with other Gulf Arab states and institutions to invest in the world's biggest companies such as BP pic. Dubai International Capital, a government-backed buyoutBloom berg - 346 words
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284 2006-01-27 17 AP [BANGKOK] Thai Prime Minister Thaksin Shinawatra yesterday invited 1,300 investors from around the world to bid on projects in the country's 1.8 trillion baht (5575.1 billion) national infrastructure improvement plan. The project covers five areas: infrastructure and construction, natural resources and the environment, informationAP - 284 words
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283 2006-01-27 17 Bloomberg [NEW YORK] The world's largest securities firm Merrill Lynch paid chief executive officer E Stanley O'Neal US$2O.2 million in stock for 2005. It also boosted awards to his seven top lieutenants for a total of US$7B.5Bloomberg - 283 words
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WORLD WATCH
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Article81 2006-01-27 17 LAT-WP [WASHINGTON] Eight US companies, including giant DuPont Co, agreed oh Wednesday to virtually eliminate a harmful chemical used to make Teflon from all consumer products coated with the übiquitous non-stick material. Although it would still be used to manufacture Teflon and similar products, newLAT-WP - 81 words
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59 2006-01-27 17 NYT [BRUSSELS] Facing daily fines from European regulators, Microsoft said on Wednesday that it would license some of the source code for its Windows operating system to competitors. The move is an attempt to comply with a ruling by the European Commission inNYT - 59 words
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61 2006-01-27 17 Bloomberg [PRINCETON] Reebok International Ltd shareholders have approved the company's US$3.B billion sale to Adidas-Salomon AG, a deal intended to help the company better compete with Nike Inc. More than 98 per cent of votes cast were in favour of the US$59 perBloomberg - 61 words
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52 2006-01-27 17 Reuters [BANGKOK] Italian-Thai Development PCL, Thailand's biggest construction contractor, said yesterday it would join China's Citic Group in bidding for 20 major projects in Thailand. President Premchai Karnasuta said the company planned to bid for 10 transportation projects, six agribusiness projects and fourReuters - 52 words
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278 2006-01-27 17 Intelligence agents monitoring for any possible espionage AFP [BANGKOK] Thailand's defence minister said yesterday that the intelligence community is concerned that Singapore's takeover of Shin Corp could allow the city-state to eavesdrop on Thailand with the company's satellites. "Nothing has happened yet, butAFP - 278 words
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386 2006-01-27 17 LATEST US DATA Bloomberg [WASHINGTON] The number of Americans filing first-time claims for unemployment benefits rose less than expected last week, a signal of strength in the job market. Initial jobless claims rose by 11,000 to 283,000 in the week ended Jan 21, theBloomberg - 386 words
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Page 17 Advertisements
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Advertisement473 2006-01-27 17 SC GLOBAL DEVELOPMENTS LTD (Incorporated in the Republic of Singapore) (Company Registration No. *****2459K) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN THAT an Extraordinary General Meeting of SC Global Developments Ltd (the "Company") will be hqld at The Sheraton Towers, DOMVS, Level 1, 39 Scotts Road, Singapore *****0473 words
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AVIATION
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534 2006-01-27 18 VEN SREENIVASAN - Status uncertain following change in shareholding By VEN SREENIVASAN [SINGAPORE] The future could be challenging for Thai Air Asia following the change in its shareholding structure, says research and ratings agency Standard Poor's. "Shin Corp has had its 50 per cent joint venture shareholding534 words
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Article, Illustration504 2006-01-27 18 It will add 10 parking stands for smaller aircraft to attract budget carriers Bloomberg [HONG KONG] The Airport Authority Hong Kong, which runs Asia's thirdbusiest airfield by passenger numbers, said it will spend HK$4.5 billion (*****.2 million) adding parking stands and other facilities to meetBloomberg; BLOOMBERG - 504 words
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116 2006-01-27 18 AFP [SINGAPORE] Air traffic for Asia-Pacific carriers in December rose by nearly one per cent year-on-year to 10.96 million passengers, bringing overall traffic in 2005 to 128 million, an industry group said on Wednesday. For air cargo, measured in terms of freight-tonne-kilometres,AFP - 116 words
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215 2006-01-27 18 AFP [ROME] Alitalia staff slowly returned to work yesterday after more than a week of labour unrest, but the airline was Still forced to cancel some 170 flights as a backlog of aircraft had to be checked by returning maintenanceAFP - 215 words
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356 2006-01-27 18 Pilots call in sick despite court order to report Bloomberg [TOULOUSE] SAS Group's Scandinavian Airlines division, the Nordic region's largest carrier, cancelled more flights yesterday out of Norway as well as earlymorning flights into Copenhagen amid a walkout by pilots that hasBloomberg - 356 words
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367 2006-01-27 18 Reuters [SEOUL] Korean Air, South Korea's largest airline, reported an 85.7 per cent slump in its quarterly profit yesterday, hit by higher fuel prices and after a strike by its unionised pilots in December. The airline should be set for a smoother path,Reuters - 367 words
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177 2006-01-27 18 AP (FORT LAUDERDALE. Florida] An airline passenger bit a fellow traveller, then jumped out of a jetliner moving on the tarmac, authorities said. He was later subdued with a stun gun. It was unclear whether the passenger. Troy Rigby, 28, wasAP - 177 words
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Article590 2006-01-27 18 m man r* wan m> Abu Dhabi BY502A 1215 aaai m jfn m HlwiWri 5Q443 0815 L ii ii SaSmm tmmii «ai L^Scit liiiwi MZ9M 1140 M2901 1245 m m p Bangkok j j Cape Town l SQ478 0215 85 ttBBB HMBB S5 im «i m590 words
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SHIPPING
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Article, Illustration494 2006-01-27 19 Shipbroker attributes 6% drop in order amount to record yard rates Bloomberg [LONDON] Shipowners spent US$7l.5 billion on new vessels last year, 6.3 per cent less than in 2004, as record prices curbed orders for container ships, dry-bulk carriers and tankers, said Clarkson pic,Bloomberg; FILE PHOTO - 494 words
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257 2006-01-27 19 Hyundai Merchant's Q4 profit drops 11 Bloomberg [SEOUL] Hyundai Merchant Marine Co, South Korea's second-largest shipping line, posted an 11 per cent fall in fourth-quarter profit, largely due to higher oil prices. Hyundai Merchant's net income fell to 110.8 billion won (*****.5 million) in the last three months of 2005,Bloomberg - 257 words
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459 2006-01-27 19 Bloomberg [LONDON] The cost of shipping crude oil from the Middle East to Asian refineries on two million-barrel tankers rose to its highest in almost eight weeks because of an increase in bookings before the Chinese New Year holidays in Asia. PublicBloomberg - 459 words
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PORT SHOTS
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112 2006-01-27 19 Bloomberg [SEOUL] Daewoo Mangalia Heavy Industries SA, the Romanian unit of South Korea's Daewoo Shipbuilding Marine Engineering Co, won the bid to buy Santierul Naval Mangalia, a state-owned Black Sea shipyard, the Romanian government said. The unit of Daewoo Shipbuilding, the world's second-largest shipbuilder,Bloomberg - 112 words
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Article80 2006-01-27 19 Bloomberg [BANGKOK! Thoresen Thai Agencies pel, Thailand's biggest shipping company by market value, said it has invested three billion baht (Ssl 25 million) to expand its offshore oil and gas business as it diversifies from dry-bulk operations. Thoresen Thai raised its stake in Mermaid MaritimeBloomberg - 80 words
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108 2006-01-27 19 Reuters [ISTANBUL] Turkey's Dardanelles Strait opened for tanker and other traffic after a two and a half day closure yesterday while snow and fog kept the Bosphorus closed for a fourth day, officials said. The closures of the strategic waterways have lifted delays for oilReuters - 108 words
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Article, Illustration283 2006-01-27 19 Source: Reuters SGX *000 Jan 26 St vol CH Offshore X)J8 unch 184 ChuanHup .0.38 -0.01 1328 Cosco Corporation 1.11 -0.02 7502 CWT Distribution .0 M 0.01 50 EzraHldgs 1.87 0.08 1982 Freight links .0.06 -0.01 30 Grand Banks Yacht .0.90 -0.01 5 Java Holdings U4 -0.01 487Source: Reuters - 283 words
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769 2006-01-27 19 SELVA KUMAR - ADMIRALTY CASEBOOK By SELVA KUMAR A US appeals court ruled last month that loss of market value was by itself adequate proof of cargo damage to establish a prima facie case of liability against a shipowner under the769 words
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Article, Illustration335 2006-01-27 19 Bloomberg [HONG KONG] Orient Overseas (International) Ltd. which operates Asia's sev-enth-biggest container shipping line, said fourthquarter sales at the unit rose 2.2 per cent, a slower rate of growth as it filled less cargo space. Sales at Orient Overseas Container Line increasedBloomberg; FILE PHOTO - 335 words
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EDITORIAL & OPINION
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542 2006-01-27 20 EDITORIAL BY MOST accounts, the majority of Wall Street strategists are bullish for the year ahead, with an average gain of at least 10 per cent being forecast. Underpinning this sentiment is the conventional wisdom that all is well with the investment outlook that542 words
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Article, Illustration796 2006-01-27 20 NEIL BEHRMANN - THE BOTTOM LINE NEIL BEHRMANN London Correspondent THOSE who try and forecast the future of technology, the Internet and communications should go back in time. When the current technology revolution began 20 years ago, who had predicted that mobile phone consumption, e-mail796 words
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Article, Illustration1310 2006-01-27 20 LEON HADAR - The world's top retailer benefits lots of people. So the issue isn't US jobs, but something else LEON HADAR Washington Correspondent FORGET about Osama bin leaden and his associates hiding somewhere. Pay very little attention to the growing nuclear threats from North KoreaBLOOMBERG - 1,310 words
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Article, Illustration994 2006-01-27 21 VIRGINIA POSTREL - Cognitive ability and gender may play a part in shaping risk appetite By VIRGINIA POSTREL NYT US$l,OOO or a 75 per cent chance of US$4,OOO? In economic theory, questions like these have no right or wrong answers. Even if a gamble is mathematicallyNYT; FILE PHOTO - 994 words
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403 2006-01-27 21 Simon Liew - LETTERS TO THE EDITOR Simon Liew Wealth manager/ investment strategist Frontier Wealth Management Pte Ltd I APPUMJD the recent commentary, "The case for fixed-income assets" (BT, Jan 25) by Genevieve Cua. CPF rules regarding fixed income funds have long been a bugbear for403 words
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243 2006-01-27 21 Neil Montefiore - Neil Montefiore Chief executive officer MobHeOne Ltd Singapore I REFER to Wong Wei Kong's commentary, "Mi's generous payouts cannot be sustained" (BT, Jan 23). Ml is committed to a sustainable dividend policy for our shareholders. In keeping with this, Ml paid out243 words
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Article, Illustration849 2006-01-27 21 JOHN TAGLIABUE - By JOHN TAGLIABUE THOSE who drink Chateau Latour wine or buy Gucci handbags or order a sweater from the Lerner or Lane Bryant catalogues are all doing business with companies owned by Francois-Henri Pinault, heir to one of France's biggest luxuryAFP - 849 words
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Page 21 Advertisements
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Advertisement101 2006-01-27 21 HAVE YOUR SAY Fax your letters to 6319-8277 or email them to trtittTOipit.cowi.tg or write to: The Business Times,SPH HQ, 1000 Toa Payoh North, Podfamtcvel 3, Singapore *****4. We need your full name, address and telephone number for verification. Please use temperate language, and bear in mind libel laws. We101 words
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Article10509 2006-01-27 22 SGX MAINBOARD Transaction date: Jan 26 52-WV Id last Vol Day Last Quote GrOiv Mv GrYM Nat MCap High low Code Company Sate fODO) High low >uy«r Saif Cw Ht Swwl 7 2 5716 1st Software 5c 2.5 -0 5 215 3 2.5 2.5 3 10.1 20 610,509 words
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Article6015 2006-01-27 23 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES la local carr In S$ la US$ dy %yr %dy %yr dy %yr Jan 25 Index Change Change Change Change Change Change World Indp Pretjnwiary 980.1 03 15j0 0l2 >7 OJ 105 *EAFE Preliminary 978.0 08 206 05 144 06 153 Europe Preliminary6,015 words
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Advertisement1037 2006-01-27 24 > NYKQROUP SOUTH ABU PTE LTD ESL kmr PMft rmg If TEL: 6295 0123 \f- -A IV JL AliNt Ctradf Ma A LINE Fa*:6292 2856(Regional/8239 7109<CPSy*****785(Doorway V NIPPON YUSENKAISHA TOKYO KMMKU KAON*. Oft (OR NQ **********06) si Wishing All Our Customers R ffl) Business Associates ffl) HAPPY PROSPEROUS A 81,037 words
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Advertisement691 2006-01-27 24 [■mmuwioiavia vBSB/vor mmtn hbchtw to «h ia sw jkt STRAm VENTURE 02/06 IS 3.2 23/01 24/01 31/01 03/02 05/02 STUITSVDnUK 03/04 IS 3.2 07/02 10/02 STRAITS EXfKSS TBM 30 4.1 14/02 |/Wfl* A MAff ttffVlCi I VBSa/VOT IIAMPffDI HBGHTtW) I Ifl I W SYP MB API Ftt JKT I SW691 words
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Advertisement1568 2006-01-27 25 WAN HAJ INTERNATIONAL PTI LTD ano **********0/R UIAM II I in... TEL *****588 (14 UNB) FAX*****H43 V\M4 1 WAN HA NF\ servfc«/Bookta|»OrectUm-(1800)*****200 V 11V Vinil I ini hi I* hi*. ro ra: ot h hwi rul pp ncms ret TE.P4) num m. (D4Cth«w JOM TR: (07) 2SIS9Z3 MJL |07)25ia921 SW1,568 words
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Advertisement1214 2006-01-27 25 rasa voy sin jkt hkg khh iwc m pus vessel voy_ sin jkt sui hkg usn pus HY VIADfVOSTOH I7IS 2/2 4/2 1/2 11/? IV? 15/2 IS/7 KMTC SINGAPORE tOIS 21/1 1/2 2/2 ~7/T 11/2 12/2 HTPRO6RESS IMS 1/2 11/2 lt/2 11/2 20/2 22/2 22/2 KMTCJAKARTA 602S ~S/T 8/2 9/21,214 words
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Advertisement896 2006-01-27 25 m SiC&lf^u: WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS rasa VOT SIN pjoang Colombo n. SHEVA cototuo mnnm YPHMI mfb 07FEI 10FB 13m HB HOWWHUWti MBLiliU MFB 17FEB 2ora 238 KOTA fERWIRA YPWO79 20 FEB 21 FEB 24 FB 27 FB 02 MAR AISO896 words
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Advertisement916 2006-01-27 26 HNordana (Asia) Pie Ltd egggggT 70 ShMtM Way, #21-03 Marina Hoes* Stafopart *****1 NORTH WEST EXPRESS LINE MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS DATES ARE AMIVAL DATES VESSEL VOY Shwon ftwHi Camhfarf Ckbt—thfari Pwfcfidi Island Express |E6Ol X 24jon OHto MU WFeh hlond Express 1E602 HFdb 21_feb 02Jta OSMar916 words
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Advertisement695 2006-01-27 26 vissa voy sm pcu vtssa m hn jit WCIAMPA 14S1N 24/01 24/01 MC-TOM 9334 21/01 14/01 -tacjamm IM a/fij mi_ fgS CSf 2301 0230P 26/01 27/01 ffy** -m IHS IBS gft- gjBIU iSi —W—Bfrw —%s —as —»)B- gn. I jjj I iffi I 3lf J I\ll} vtssa vor mm rw695 words
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Advertisement428 2006-01-27 26 3531A2r25^7^^535/52^iri2y^^B ■PPPifll riGER ISUND 3S6N 30-31/01 04 05/02 12-12/02 ■MUiUI TIGER SKY ***** 31-01/02 07-09/0! 14-15/02 Hi USER WAVE 3SIN 04-05/02 1 0-12/02 11-19/02 1 TIGER PEARL 359N 07-08/02 14-16/02 21-22/02 mJBnGaiSUMD 360N 12-12/02 17-19/02 25-26/021 Kirr!rT7TiWxwraL)«)re tas 31-01/02 07-09/0? lm/n; N ■MMRMMARTItAVBIBI 0)1 01-02/02 08-10/02 18-19/02 HUgajfl|aMTlGEß CLJff 022S428 words
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Advertisement510 2006-01-27 26 BSA x 0 MYANMA ■n FIVE STAR UNE (MyoMiar National Lint) Loading for Yang on VESSEL VOY SIN Kl PEN PGU CHIN SHWI HAW WW SU) PAGAN 349W SU) IN MALAYSIA: IOUSTEAD SHIPPING AGENCIES KM/PEL 03-*****J0S PEN: 04-2633*15 ACCEPTING CONVENTIONAL CBO VESSEL VOYHECSMna KOI TN ITU SDK TWU OOANAOUn 143510 words
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THE BUISNESS TIMES SHIPPING TIMES
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7603 2006-01-27 27 This ETA ETA Advertscr Vessel Voyage Telephone SIN Dest'n Name Name Number Number To ABIDJAN (ABJ) 2003 Cote D'tvoire 04/02 07/03 China Shpg CMA CGM KALAMATA 5X209W *****898 07/02 06/03 Delmas DELMAS TOURVILLE 611W *****344 16/02 15/03 Delmas URSULA DELMAS 612 W *****344 21/027,603 words
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Page 28 Advertisements
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Advertisement3319 2006-01-27 28 :*at^ Q& IMOTICFS A L L-J Toll free: 1800-289-8822 Email: notices@sph.com.sg Deutsche Bank IZI DEUTSCHE BANK AG, ACTING THROUGH ITS LONDON BRANCH (Incorporated under the laws of the Federal Republic of Germany) NOTICE TO WARRANTHOLDERS To all holders of: < (I) 50,000,000 European Style Cash Settled Call Warrants Expiring on3,319 words
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Advertisement1254 2006-01-27 28 UNITED OVERSEAS BANK LIMITED (Incorporated in Singapore) (Co. Reg. No. *****0026Z) LOST SHARE CERTIFICATES The undermentioned certificates have been reported lost, destroyed or mislaid: Name Certificate No. No. of shsres CHOW PEK HAN *****23-0 137 DO *****32-3 7 TAN KIM CHAI *****87-1 125 DO *****26-4 12 -DO- *****27-1 30 NOTICE1,254 words
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Advertisement798 2006-01-27 28 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF KWIK-KOPY PRINTING SINGAPORE PTE. LTD. COMPANY REG. NO. *****4250 D (IN MEMBERS' VOLUNTARY WINDING UP) At on Extraordinary General Meeting of the abovenamed Company held at 1 Raffles Place #21-01 OUB Centre Singapore *****6 on 21798 words
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executive lifestyle
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544 2006-01-27 29 jaime ee - off the cuff jaime ee I WANT to be a geomancer. They seem to make a lot of money telling people things like this is the year of the fire dog and making studied predictions like "hot weather will make people544 words
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Article, Illustration1393 2006-01-27 29 CHEAH UI-HOON - Geomancers agree that the year of the dog will see natural disasters such as volcanic eruptions, nuclear explosions and mayor earthquakes. But they differ on which industries will perform well. CHEAH UI-HOON finds out what the fire dog will bring with him CHEAH UI-HOON FOR thoseREUTERS - 1,393 words
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Article365 2006-01-27 29 What's in store Rat (1936,1948,1960, 1972.1984) YOU'VE got average luck this year, so you need to persevere and be diligent as you may well be your own biggest obstacle. Maintain a clear head as<well as exercise rational judgment as things will resolve naturally over time. Career-wise, though, it's time to365 words
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Advertisement7 2006-01-27 29 with a sense of nostalgia rSF\. SS«n7 words
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BOOKS/COVER STORY
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Article, Illustration599 2006-01-27 30 PARVATHI NAYAR - WORDS FROM THE TOP Eric Oey, publisher and CEO of Periplus Publishing Group, talks to PARVATHI N AYAR about the business of literature and literary awards PARVATHI NAYAR Q. What aspect of book publishing gives you the most satisfaction? A. It's always exciting to doYEN MENG JIIN - 599 words
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Article, Illustration1144 2006-01-27 30 PARVATHI NAYAR - PARVATHI NAYAR talks to Tash Aw, the winner of the Whitbread First Novel, and reviews his 'The Harmony Silk Factory' PARVATHI NAYAR THE telephone conversation with Tash Aw takes place at an interesting interstice in his remarkably successful debut as author of The HarmonyAFP - 1,144 words
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Article445 2006-01-27 30 I I WITH most of our English language fiction on Malaysia dating from the times of Joseph Conrad and Somerset Maugham, the peninsula was ripe for a contemporary re-visitation. It is one of the strengths of Tash Aw's The Harmony Silk Factory: the lush Malaysian setting445 words
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Article, Illustration579 2006-01-27 30 Snake (1941 1953,1965, 1977) YOU have extraordinary fortune this year compared to the last. Your career is going well so entrepreneurship or a change of jobs will work favourably. Short-term strategies are likely to yield returns but continue to maintain healthy social relations. It's a good year579 words
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CINEMA/WINE
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Article, Illustration574 2006-01-27 31 GEOFFREY EU - By GEOFFREY EU FOR some reason, Singaporeans never seem to tire of movies that include a liberal dose of (preferably naughty) local dialect almost as if the presence of a few choice Hokkien sentences acts as a kind of nudgenudge, wink-wink bond574 words
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Article446 2006-01-27 31 GEOFFREY EU - By GEOFFREY EU JET Li is a lot more convincing as an action hero when he's wearing Chinese period costume and not struggling with the complexities of the English language. Freed from the constraints of Hollywood in Fearless, Li flies through the air with the446 words
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Article, Illustration695 2006-01-27 31 JAIME EE - FILM REVIEWS In its better moments, Zodiac offers some vivid visuals, but the tale is told in an amateurish way, says JAIME EE JAIME EE IT'S the first ever made-in-Singapore cartoon uh, animated feature that cost US$2 million to make. Zodiac: The Race Begins has695 words
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Article, Illustration1227 2006-01-27 31 N K YONG - By N K YONG IT is quite fascinating that the in* creasingly widespread use of wines to accompany the traditional Chinese New Year's Eve family dinner is a matter of course today. For the occasion, champagne is accepted as the aperitif ofFILE PHOTO - 1,227 words
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Page 31 Miscellaneous
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Miscellaneous186 2006-01-27 31 CRYPTIC CROSSWORD 2 Recover, after having nothing 'by mouth (6) 13 The sort of husband who's a YESTERDAY'S SOLUTION 3 m St u d ,cx t0 90t marned gamb er? (6 4) Across: 7 Transport, 8 Beryl, 10 but tight (b) 15 "Bugs!", cries mob, panicking Achilles, 11 Orient, 12186 words
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Making Time
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Article, Illustration1433 2006-01-27 32 SU JIA XIAN - The perpetual calendar movement faithfully reports day, date, month and even the leap year as well. SU JIA XIAN makes sense of the genius behind it SU JIA XIAN IN terms of concept and philosophy, the perpetual calendar must surely rank as1,433 words
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Page 32 Advertisements
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Advertisement69 2006-01-27 32 I t You never actually own a Patek Philippe. nQKBIf PATEK PHILIPPE You merely GENEVE your look after it for the next generation. Complicated by Patek Philippe EST? 1954 SINCERE fine watches SINGAPORE NGIE ANN CITY TIL (65) 6733 0618 LUCKY PLAZA TIL (65) 6737 4593 SUNTIC CITY MALL TIL69 words
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Advertisement16 2006-01-27 32 EST® 1 954 SINCERE fine watches This series Is brought to you by Sincere Fine Watches16 words
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