The Business Times, 28 January 2006
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2006-01-28
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The Business Times
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Title Section21 2006-01-28 1 THE BUSINESS TIMES weekend SINGAPORE 85 cents MICA (P) 089/03/2005 J.inu.iry 28-29 2006 online .it h!tp /'business times tsu.l iom scj21 words
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Article, Illustration96 2006-01-28 1 Retted and in high spiritiCthe international crews of the 10 boats in the gruelling Clipper Round-the- World Yacht Race slipped their moorings yesterday and headed for the open seas. The crews and boats have been in Singapore for about a week of rest and maintenance, during whichYEN MEN JIIN - 96 words
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732 2006-01-28 1 DONALD URQUHART, CLARENCE MICHAEL - With valuations climbing, analysts expect the battle to be over soon By DONALD URQUHART, CLARENCE MICHAEL in Dubai [SINGAPORKI Dubai Ports World (DPW) has blown PSA International's £3.7 billion (5510.7 billion) bid for Peninsular Oriental Steam Navigation Co (P&O) out of732 words
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315 2006-01-28 1 NEIL BEHRMANN - By NEIL BEHRMANN in London -P&O SHARKS yesterday soared 5 per cent above a new 520 pence offer by Dubai Ports World (DPW) and hedge fund arbitrageurs were active. Trading around 546 pence, with a market capitalisation of around £4.1 billion (5512.3 billion),315 words
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404 2006-01-28 1 CHEN HUIFEN - By CHEN HUIFEN (SINGAPORFI After spending more than 20 years at the Fconomic Development Board (FOB), Philip Yeo, 60, will step down next month from his post as cochairman of Singapore's inward investment agency. In a joint statement issued yesterday,404 words
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Article, Illustration795 2006-01-28 1 KALPANA RASHIWAIA - By KALPANA RASHIWAIA (SINGAPORE] Those looking for more signs to confirm the recovery in Singapore's property market should find them in official figures released yesterday. For the private residential market, the supply glut is abating and is at its lowest level inSource: URA - 795 words
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Article148 2006-01-28 1 ST! (+23.86) ST INDEX FUTURE! 2JU9M (+29.00) siMsa 287.03 (+3.00) SIMSCI FUTURES 287J0 (+3.10) MARKETS Friday Chang* KLSECOMP 914.01 +0.87 NIKKEI 225 16,460 68 +569 66 HANG SENG 15,***** +233.07 SET INDEX 761.27 +013 JAKARTA COMP 1.229 71 +3 06 MANILA COMP 2,121.89 +4.08 SEOUL COMP 1,384 56148 words
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Page 1 Advertisements
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Advertisement10 2006-01-28 1 v The E SINGAPORE 85 cents t RAFFLES CO^RSATKN^ 810 words
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Advertisement6 2006-01-28 1 US ECONOMY 1 Growth slows Bfaai^jnQ46 words
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Advertisement25 2006-01-28 1 SGX Bleak views from China-related stocks There will be no publication of BT on Monday. The paper wishes its readers a Happy Chinese New Year.25 words
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Advertisement15 2006-01-28 1 ANWAR SUES He's taking Mahathi r to court or «A > TO if m, c a.•?,15 words
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TOP STORIES
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Article, Illustration380 2006-01-28 2 Source: The Globalist Coming to America Illegal immigration has once again become a contentious political issue in the United States. Many factors contribute to this problem, including the relative attractiveness of the US labour market and the demand for unskilled labour. We wonder. How many permanent US work visasSource: The Globalist - 380 words
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Article420 2006-01-28 2 NANDE KHIN - He says govt won't forget welfare of older S'poreans, low-wage families By NANDE KHIN [SINGAPORE] With year of the rooster ending on a high note, Prime Minister Lee Hsien Loong yesterday said he is confident that the year of the -dog will be another420 words
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Article, Illustration764 2006-01-28 2 WONG WEI KONG - COMMENTARY They are now more reflective of forces in the car market than of consumer sentiment WONG WEI KONG Senior Correspondent BULLISH stock prices, strong economic growth, and high car COE premiums should go hand in hand. But the current reality is far764 words
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Article328 2006-01-28 2 Reporting season takes off with a bang THE full-year reporting season has started on a strong note, with 20 companies with December year-ends reporting a doubling in combined net profit to $2.08 billion. COMPANY NEWS, PG 4 Keppel Energy to supply electricity by year-end KEPPEL Energy is set328 words
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Article, Illustration633 2006-01-28 2 CHEN HUIFEN - By CHEN HUIFEN [SINGAPORE] Singapore wants to place greater emphasis on growing its medical technology (medtech) sector for the next five years, having laid the foundation in pharmaceuticals manufacturing. "Medtech has been growing quietly without fanfare," said Agency for Science, TechnologySource: Singapore Economic Development Board - 633 words
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RAFFLES CONVERSATION
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Article, Illustration1410 2006-01-28 3 KENNETH JAMES - His team's creation of Dolly the sheep spawned controversy, but also lessons that are even more relevant now in the light of the Hwang debacle, Dr Alan Colman tells KENNETH JAMES KENNETH JAMES LIKE other scientists around the world, Dr Alan Colman was appalled when a celebrated SouthARTHUR LEE - 1,410 words
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Article769 2006-01-28 3 GROWING up in Manchester, Alan Colman never thought he would become a scientist. "No, no, I wanted to be a train driver," he says quite seriously. "I still, every time I go to Japan, try and get permission to be in the driving cab of a769 words
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Advertisement61 2006-01-28 3 Raffles INTERNATIONAL Hotels Resorts The Raffles Conversation is brought to you through a special arrangement with Raffles International Hotels and Resorts. The Traveller's Palm in the Raffles International logo is an apt symbol. Not only has water stored at the base of this palm provided sustenance, the leaves rest in61 words
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COMPANY NEWS
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Article772 2006-01-28 4 WONG WEI KONG - Combined 2005 profits of first 20 firms with Dec year-end more than double to $2.08b By WONG WEI KONG THH full-year reporting season has started on a strong note, with companies of the Keppel Group leading the'way. At the close of trading yesterday, 20772 words
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343 2006-01-28 4 MATTHEW PHAN - By MATTHEW PHAN SINGPOST Group's net profit for its third quarter ended December 2005 went up by 17.4 per cent year-on-year to $32.96 million, while revenues rose 7.4 per cent to $107.98 million. The stronger net profit margin was driven343 words
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407 2006-01-28 4 RONNIE LIM - By RONNIE LIM THERE will be a new supplier, the sixth, to the electricity market by year-end. This is when Keppel Energy's 500-megawatt station is due to be completed, slightly ahead of an earlier scheduled Q1 2007 date. This was disclosed during Keppel407 words
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Article, Illustration556 2006-01-28 4 VEN SREENIVASAN - STOCKS VEN SREENIVASAN Senior Correspondent A POSITIVE overnight close on Wall Street followed by strong sessions in other key Asian bourses especially Tokyo sent the Singapore market to one of its highest ever levels ahead of the Chinese New Year long556 words
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Article, Illustration529 2006-01-28 4 ROLAND LIM - Turnaround from 4 quarters of loss seen continuing By ROLAND LIM AFTER four straight quarters of losses, Chartered Semiconductor Manufacturing Ltd yesterday turned around to report its highest quarterly net profit in five years. Driven by strong demand for consumer electronics,529 words
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451 2006-01-28 4 WONG WEI KONG - By WONG WEI KONG PROSECUTORS have objected to an application by defence lawyers to move the case involving an alleged breach of the Companies Act by former member of parliament Lew Syn Pau to the High Court from the Subordinate Courts. At a High Court451 words
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450 2006-01-28 5 Bumper crop of profit warnings issued to SGX ahead of CNY holidays CHINA-RELATED stocks are issuing a bumper crop of profit warnings as seen by the number of statements issued tofhe Singapore Exchange (SGX) yesterday, just before the Chinese New Year holidays kick in. China-based450 words
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874 2006-01-28 5 SIOW LI SEN - STI up 16.35% from a year ago, market expected to rally in first quarter on popular Budget By SIOW LI SEN THE rooster has good reason to crow, ending the lunar year on- a new high as the total market capitalisation874 words
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256 2006-01-28 5 THE Singapore Exchange (SGX) has given its conditional approval for shares of China Aviation Oil (CAO) to resume trading. CAO said in a statement last night that the in-princi-ple approval involved the listing of 529.28 million new shares. CAO has another 193.56256 words
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Article, Illustration705 2006-01-28 5 SIOW LI SEN - By SIOW LI SEN PACIFIC Century Regional Developments (PCRD) burst into life yesterday and rose 26 per cent, or 6 cents, to 29 cents following a takeover offer led by private equity group Newbridge Capital. Over 71.2 million shares of PCRD, the holding companyBLOOMBERG - 705 words
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310 2006-01-28 5 ALEXANDRA HO - Bank says wealth management will be a new focus By ALEXANDRA HO DBS Bank has completed its purchase of a stake in India's Murugappa Group's Cholamandalam Investment Finance Co. First announced last June, the deal involved DBS's investment of $87 million for a 37.48310 words
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COMPANY BRIEFS
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Article170 2006-01-28 5 UNITED Overseas Land (UOL) has acquired a freehold property at Akyab Road in the Thomson Road area, paying $20.88 million for the 20.822 square feet property. The newest acquisition sits right next to a cluster of properties that UOL had bought through a wholly-owned subsidiary170 words
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Article94 2006-01-28 5 SHANDONG-based Luzhou Bio-chem Technology Ltd, a producer of corn sweeteners in China, has relodged its preliminary prospectus with the Monetary Authority of Singapore. Luzhou, which is seeking a mainboard listing, has an annual production capacity of about 650,000 tonnes of corn sweetener. For the financial year94 words
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Advertisement391 2006-01-28 5 NO I K I S IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF SIN SOON CHEONO (PTE.) LTD. (IN MEMBERS' VOLUNTARY WINDING UP) uornpany no. *****1776 M NOTICE IS HEREBY GIVEN that the Creditors of the abovenamed-Company. which it being voluntarily wound up, are391 words
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PERSONAL INVESTMENT
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Article, Illustration1033 2006-01-28 6 MATTHEW PHAN - Compiled by MATTHEW PHAN GES International Jan 27 dose: Ssl.ol KIM ENG RESEARCH. Jan 27 NET profit grew 23 per cent year-on-year to $14.6 million versus our $15 million forecast. Some of the one-off items within these results were $1.2 million of adjustment for accelerated depreciation of ITSource: Bloomberg - 1,033 words
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Article950 2006-01-28 6 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS Subsantial luy No of Price SHAREHOLDING Trans Shareholder/ Sell Shares Par Before After Stock Date Director Conv '000 Shr S ('000) C000) CWT Distribution 26-Jan-06 Loi Kai Meng (Pte) Ltd *ST 3000 na ***** 62.46 ***** 60 46 CWT Distribution 26-Jan-06 CSP Holdgs950 words
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Article, Illustration1339 2006-01-28 6 TEH HOOI LING - SHOW ME THE MONEY Company holds decent prospects and low earnings multiples TEH HOOI LING Senior Correspondent Arising tide lifts all boats. That indeed has been the case for the ma-rine-related industry. Companies in shipbuilding, ship repair, chartering, shipping, and offshore support services, among1,339 words
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Advertisement31 2006-01-28 6 Insiders' trades. Brokers' recommendations. Dividend tabie. The pages also cover transactions by directors and substantial shareholders. In other words, news you can use. 11 >11 VJ 111 yVB 11 u I31 words
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BT INVESTMENT ROUNDTABLE
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Article, Illustration2760 2006-01-28 7 OVERVIEW ON Jan 1, Prime Minister Lee Hsien Loong told Singaporeans in an upbeat New Year message that they could look forward to some goodies in the 2006 Budget their share of the country's economic success in the last two years. This was soon followed2,760 words
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SINGAPORE NEWS
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Article, Illustration653 2006-01-28 8 ARTHUR SIM - 5-room flat there goes for 51% more than one in Jurong West, the cheapest Reports by ARTHUR SIM THE average resale price of Mousing Development Hoard (lll)B) flats in the most expensive HI)B town is 50 per cent more than that in the cheapest653 words
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181 2006-01-28 8 FOR a growing number of people, self-ser-vice is the name of the game vis-a-vis the Housing Development Board (HDB). According to the latest figures from HDB, there have been 68,000 transactions done through self-service kiosks like AXS stations and self-service automated machines (SAMs)181 words
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Article6152 2006-01-28 8 UNIT TRUSTS FUNDS AM Amro Aimat Mgl (S'port) Stat fuope Iqty! 0.W Star I nape Band 1701/ sidr luape Bdl 1 162/ Star Asian l«»wEcjly 1177/ Sw Mu Band 1101/ Star Asia Balinud 1 086/ Su* Global technology I und'"* 070% MultiSlfd 105V S tm BamXUSW 0303/ GllMult.SIUSD 1 144/6,152 words
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Article, Illustration621 2006-01-28 9 CONRAD RAJ - It calls for more stringent rules for charities that raise funds from public By CONRAD RAJ A SPECIALLY constituted Inter-Ministry Committee (IMC) has recommended against a heavy hand in regulating Singapore's 1,800 charities, and says that they should, instead, be encouraged to self-regu-late. The 14-strong621 words
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261 2006-01-28 9 MATTHEW PHAN - By MATTHEW PHAN AFTER a week of celebration and touring, the international crew of the 10 Clipper boats sailed off yesterday in a rain of confetti on their next 4,400-mile leg to Qingdao, China, as shore-bound Singaporeans looked on with half-envious excitement. It felt261 words
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Article2403 2006-01-28 9 VOL Jan 17 KM *1- COOP) ASM Realty 1.41 -0.04 1 Abrjc .031 -0.01 16 ACP Industries .0.69 -0.04 20 Advance Synergy .0.23 0.01 110 Adventa .0.25 0.01 249 AE Multi .0.30 0.01 52 Affin Hldgs 1.61 0.01 503 Ahmad Zaki Res 1.22 unch 31 AlCCorp J 1.152,403 words
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164 2006-01-28 9 TAN Wee Kiat the tireless chief executive officer of the National Parks Board (NParks) and a recognised authority on orchids is retiring on Feb 15. He will be succeeded by Ng Lang, according-to an NParks statement yesterday. During his tenure,164 words
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Article, Illustration439 2006-01-28 9 CHEN HUIFEN - By CHEN HUIFEN FUSIONPOLIS is set to become the icon for physical science research in Singapore, just like the Biopolis is for biomedical research. When completed by end-2008, the $500-700 million complex, next to the Insead Asia campus at Ayer Rajah, will be439 words
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353 2006-01-28 9 LESLIE YEE - EASIER CREDIT Reports by LESLIE YEE SINGAPOREANS are still in love with plastic. Credit and •charge card issuers churned out plenty of new products last year and customers appeared to lap them up, according to figures from the Monetary Authority of Singapore. The353 words
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Article, Illustration376 2006-01-28 9 LOANS and advances by banks to non-bank customers in 2005 grew just 2.2 per cent, the slowest annual pace in three years and a fraction of the year's growth in bank deposits. According to the Monetary Authority of Singapore, bank loans rose to376 words
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Advertisement36 2006-01-28 8 Allianz Global Investors one of world's top five asset management groups' Allianz (flj) with more than US$l.45 trillion' nf assets under management. Global investors Sonne. Wdlsun Myall As .it ill >r. tjin; i ■mi,, „o rwo/)^736 words
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Advertisement133 2006-01-28 9 >AT3 NOTICES SYNTECH-WOH HUP INVESTMENTS PTE LTD (IN MEMBERS'VOLUNTARY WINDING-UP) (Company Number: *****8437E) NOTICE OF FINAL MEETING NOTICE OF HEREBY GIVEN thai pursuant to Section 308( 1) of the Companies Act, Cap. 50. that the Final Meeting of the Member, of SYNTECH WOH HUP INVESTMENTS PTE LTD will be held133 words
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MALAYSIA
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Article, Illustration350 2006-01-28 10 Legal action could prove a major test for Malaysia's judiciary Reuters [KUALA LUMPURJ Malaysian opposition icon Anwar Ibrahim filed a suit against former prime minister Mahathir Mohamad yesterday, opening a new battle against the man who drove him from government in a chain of eventsReuters; AFP - 350 words
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160 2006-01-28 10 [KUALA LUMPUR] The Naza Group is hiring CIMB Group and ECM Libra Bhd to arrange its initial public offering (IPO), slated to be one of the biggest this year, according to a report in Malaysia's Business Times. The paper quoted group managing160 words
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245 2006-01-28 10 AP [KUALA LUMPUR] Malaysia's decision to build a bridge reaching only halfway across the waterway separating it from Singapore will benefit the two nations even if its neighbour refuses to complete its side of the project, its deputy prime minister said yesterday. Najib Razak said,AP - 245 words
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Article8029 2006-01-28 10 Transaction date: Jan 27 52-Wk Id Last Vol Day Lart Quote GrMv Dfv GrYW Mat MCaa Higli Uwi» CoJo Comply Sate W- fOQQ> Mjfr law 8uyr Safcr Cw Ht sJ 7 2 5716 1st Software 5c 2.5 unch 2177 2.5 2.5 2.5 3 10.1 20 6 3148 8Te(ecomUS2c8,029 words
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237 2006-01-28 10 Bloomberg [KUALA LUMPUR] Proton Holdings Bhd, Malaysia's biggest carmaker, and Volkswagen AG have ended stake-sale talks and decided to cooperate on projects including a dealer network in Malaysia and supply of products and components. "We have moved past the issue of VW-AG eyeingBloomberg - 237 words
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INDONESIA
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356 2006-01-28 11 It expects net income of 15.5t rupiah, down 31% from previously Bloomberg [SINGAPORE/JAKARTA] PT Pertamina, Indonesia's state oil company, cut this year's profit forecast 31 per cent because of rising costs and falling sales. Pertamina forecasts net income of 15.5 trillion rupiah (552.7 billion) inBloomberg - 356 words
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153 2006-01-28 11 Reuters [JAKARTA] Indonesia's state asset management company plans to sell its remaining minority stakes in three banks this year in a bid to raise funds to help finance the state budget deficit, the head of the company said yesterday. The planned salesReuters - 153 words
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Article6280 2006-01-28 11 Transaction Date: Jan 27 MOST ACTIVE STOCKS VOLUME VALUE Chart SemiCood 26c 73.959,000 UOB 110,464.200 PacifkGenturylOc 71.206,000 Chart SemiCood 26c 103.ISO.635 UTACUSISc 49,535,000 DBS Grp B8.3S6.882 GlobalVoice 5c 48,105.000 5inqTet15c 78l677.925 Genlnt USlOc 41,311,000 SIASOc 49.385.906 Sky Petrol 5c 35.255.000 UTACUSISc 45.346,035 GlobalTest 10c 31,651,000 OCBCBfcSOc 43.557.200 SingTel 15c6,280 words
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Article193 2006-01-28 11 AFP [JAKARTA] Indonesia's struggling flag carrier Garuda will spin off its lowcost unit Citilink into an independent budget airline in a bid to compete with fastgrowing local carriers, a report said yesterday. Garuda vice-president Joseph Saul told the Jakarta Post that the unit, whichAFP - 193 words
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GREATER CHINA
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Article, Illustration622 2006-01-28 12 They agree to pump US$3.78 billion into ICBC, China's biggest lender Reuters [BEIJING] Goldman Sachs, Allianz and American Express agreed yesterday to invest US$3.7B billion in Industrial and Commercial Bank of China (ICBC), the country's largest bank, in the latest foreign betReuters; REUTERS; Source: WSI research - 622 words
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625 2006-01-28 12 NEWS ANALYSIS But there is no official approval for futures trading Reuters [SHANGHAI] China's nascent fund industry has finally joined the commodities party, as money continues to stream into markets around the world, boosting prices from copper to sugar to record highs. Fund involvementReuters - 625 words
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Article, Illustration71 2006-01-28 12 [BEIJING] A couple arriving at the railway station here yesterday, part of a massive wave of humanity travelling for the Chinese New Year holidays an annual movement of hundreds of millions of people that is much larger than the migration inspired by the Muslim Haj. According to localAP - 71 words
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229 2006-01-28 12 Bloomberg [SHANGHAI] China's four asset management companies disposed of 839.8 billion yuan (Ssl69 billion) of non-performing loans as of Dec 31, the China Banking Regulatory Commission said.. The bad-debt managers, formed to manage soured loans transferred from the country's biggest stateowned lenders,Bloomberg - 229 words
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Article, Illustration223 2006-01-28 12 Bloomberg IHONG KONG] Shares in Lenovo Group Ltd, the world's third-biggest-per-sonal-computer maker, plunged after brokerages downgraded the stock on lower-than-expected thirdquarter earnings. The company's shares closed 8.1 per cent lower at HK53.125 (65 Singapore cents) in Hong Kong yesterday. after dropping as much asBloomberg; Source: Bloomberg - 223 words
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312 2006-01-28 12 AP [HONG KONG] China will likely see an increase in mergers and acquisitions (M&A) deals this year, helped by relaxed regulations that will lure private equity transactions, a research report by the consultant group PricewaterhouseCoopers (PwC) says. The number ofAP - 312 words
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250 2006-01-28 12 China state firms' profits up 25.1 in '05 Reuters [BEIJING] China's state-owned enterprises raked in 904.7 billion yuan (Ssl 82 billion) in profits in 2005, up 25.1 per cent from the previous year, the Ministry of Finance said yesterday. The ministry said on its website (www.mof.gov.cn) that all state-owned firmsReuters - 250 words
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BRIEFLY ASIA
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69 2006-01-28 12 Bloomberg [BEIJING] PetroChinaCo, the nation's largest petroleum company, had the estimate of its 2005 loss from refining operations widened by Merrill Lynch Co, mainly because of China's controls on fuel prices. The company may have a loss of 20 billion yuan (Ss4 billion) from refining,Bloomberg - 69 words
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61 2006-01-28 12 Reuters [HONG KONG] Hong Kong posted a HK$6 billion (Ssl.3 billion) deficit for April-December 2005, expanding from a HK$2.B billion deficit for the same period a year earlier, data released yesterday showed. However, last year's account included HK$26 billion in revenue raised from governmentReuters - 61 words
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Article77 2006-01-28 12 Reuters [HONG KONG] Chinese advertising network company Focus Media Holding Ltd has raised US$295 million through an American depository share (ADS) sale to help fund an acquisition, a person familiar with the deal said yesterday. Focus Media sold 1.5 million primary ADS and 5.3 millionReuters - 77 words
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41 2006-01-28 12 Reuters [TAIPEI] The Hon Hai group, Taiwan's top electronicrfpart maker, aims to double its annual revenue to Ts2 trillion (Sslo2 billion) by 2008 from Tsl trillion last year, the Economic Daily said yesterday. —ReutersReuters - 41 words
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64 2006-01-28 12 Bloomberg [JAKARTA] PT Tambang Batubara Bukit Asam, a state-run Indonesian coal company, which plans to diversify into power to meet the nation's electricity demand, has planned a more than 10-fold increase in investment for the projects. It proposes to spend 650 billion rupiah (S$Bloomberg - 64 words
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58 2006-01-28 12 AFP [TAIPEI] MediaTek Inc, a digital media chipset solutions provider in Taiwan, said yesterday it has agreed with Zoran Corp of the US to settle their patent infringement disputes. The two companies will immediately dismiss all pending litigation filed against each other in all jurisdictionsAFP - 58 words
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INDIA/GREATER CHINA
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Article, Illustration414 2006-01-28 13 DAVOS FILE Finance minister also hints at move to relax FDI limit in insurance sector Reuters INDIA'S Finance Minister Palaniappan Chidambaram said on Thursday that Asia's third-largest economy could grow by 10 per cent in the 2006-2007 fiscal year if investment levels wereReuters; AFP - 414 words
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Article, Illustration706 2006-01-28 13 ASHOK KUMAR - INDIA INSIGHT It plans a mega-public issue of US$1.3 billion before June among the largest private sector offerings ASHOK KUMAR THE Reliance group ranks among India's prenjier private sector groups. Its rise through the 1980s and 1990s under the stewardship of its founder member,706 words
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Article, Illustration637 2006-01-28 13 Central bank governor says it'll be gradual, though Reuters CHINA pledged on Thursday to liberalise its interest rate and foreign exchange policy further as part of wider economic reform but said the process would be gradual. People's Bank of China (PBOC) governor ZhouReuters; REUTERS - 637 words
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196 2006-01-28 13 AP CHINA is set to become the biggest user of broadband in the world, Bill Gates said yesterday. "No one will catch up (except) maybe India in 50 years," the chairman and co-founder of Microsoft Corp said at the World Economic Forum'sAP - 196 words
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415 2006-01-28 13 [HONG KONG] A group of young entrepreneurs saw their HK$BO,OOO (5516,750) investment in one of this year's hottestselling items at the Victoria Park Lunar New Year fair flushed away when HSBC "advised" them on Thursday to stop selling rolls of "banknote" toilet415 words
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196 2006-01-28 13 Bloomberg [NEW DELHI] India is seeking to resume power generation by May at an Enron Corp founded plant that's been shut for five years with gas from Oman, helping the South Asian nation's most industrialised region meet energy demand.Bloomberg - 196 words
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Advertisement27 2006-01-28 13 ETiTI Lianhe Zaobao I m&smm I I I I Recent I I corporate I I moves I I shipping I I property I I magnate CKOw I27 words
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WORLD
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Article, Illustration550 2006-01-28 14 ANTHONY ROWLEY - Fuji TV mulls Livedoor buyout; Sony sees reversal of bad fortunes By ANTHONY ROWLEY in Tokyo TOKYO stock prices roared ahead by almost 4 per cent to a new five-year high yesterday, as the Livedoor saga took a more positiveAFP - 550 words
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390 2006-01-28 14 LATEST US DATA Reuters [WASHINGTON] US economic growth slowed sharply in the fourth quarter to the weakest pace in three years as consumers spent less robustly, growth in homebuilding eased and businesses were less eager to boost investments, a government report yesterday showed. GrossReuters - 390 words
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368 2006-01-28 14 Bloomberg [NEW YORK] AT&T Inc, in its first earnings report since the combination of SBC Communications Inc and AT&T Corp, said fourth-quarter profit more than doubled as rising wireless and Internet sales countered the shrinking local-phone business. AT&T, the biggest USBloomberg - 368 words
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Article, Illustration274 2006-01-28 14 Bloomberg [LOS ANGELES] Ford Motor Co, which is cutting as many as 30,000 North American jobs, said it's not seeking a US bailout, after President George W Bush said Ford and General Motors Corp can't expect aid from the federal government. TheBloomberg; BLOOMBERG - 274 words
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WORLD WATCH
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111 2006-01-28 14 Reuters [LONDONI The world's largest steel maker, Mittal Steel, bid 18.6 billion euros (Ss37 billion) yesterday for its biggest rival, Arcelor. The bid is the largest in the history of steelmaking. Mittal Steel said the unsolicited offer was worth 28.21 euros a share, aReuters - 111 words
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145 2006-01-28 14 AP [HOUSTON] The judge overseeing the fraud and conspiracy trial of Enron Corp founder Kenneth Lay and former CEO Jeffrey Skilling on Thursday rejected their last-minute bid to halt the trial, saying they couldn't credibly argue the jury pool is too biasedAP - 145 words
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91 2006-01-28 14 AP [NEW YORK] Silver prices rose to hit a new 19-year high on fund buying on Thursday. Some of the move may be a "catch-up" to gains that previously had been occurring in gold, analysts said, and some buying is market speculationAP - 91 words
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94 2006-01-28 14 Bloomberg {HOUSTON] Halliburton Co. the world's largest oil-services company, reported a profit of US$l.l billion in the fourth quarter compared with a loss a year earlier, as record energy prices boosted demand. Per share profit was US$2.OB versus a loss of US$2Ol million, or 46Bloomberg - 94 words
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Article, Illustration636 2006-01-28 14 Profits boosted by new server product, healthy PC market AP (SEATTLE] Microsoft Corp said on Thursday that earnings for its fiscal second quarter rose 5 per cent, helped by a successful launch of a new server product and a healthy market for personalAP; AFP - 636 words
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MOTORING
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Article, Illustration1076 2006-01-28 15 GEOFFREY EU - ME MY MERC DRIVING STYLE Gunther Meyer's love affair with his Mercedes-Benz 190SL involved a five-year ground-up restoration, says GEOFFREY EU GEOFFREY EU YOU could call Gunther Meyer a classic motoring monogamist. After all, he belongs to that rare breed of enthusiast whose automotive loyalties lie entirely with one specificARTHUR LEE - 1,076 words
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Article, Illustration510 2006-01-28 15 RAYMOND LAI - By RAYMOND LAI WELCAB may sound like the name of a Hong Kong taxi company, but it's actually Toyota's offer of mobility to disabled drivers and passengers. Derived from a combination of "welfare" and "cabin", it comprises a range of purpose-built vehicles developed byARTHUR LEE - 510 words
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Article, Illustration457 2006-01-28 15 SAMUEL EE - By SAMUEL EE LIKE the fireworks which heralded the opening of its new showroom, the range of Mini options has exploded ever since Trans Eurokars took over the franchise on Jan 1. The personalising of this already very personal car has zoomed to a new level withARTHUR LEE - 457 words
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GOLF
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Article, Illustration1359 2006-01-28 16 JUSTINE MOSS - Yet, even with the best teacher, one will only get out of the game what one puts into it, reports JUSTINE MOSS JUSTINE MOSS A QUICK flip through the Yellow Pages reveals a surprisingly small list of qualified golf coaches in Singapore, given that the game1,359 words
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Advertisement275 2006-01-28 16 wine&dine withweekendßT Cafebiz Traders Hotel, Lobby Level, Tel: 6831 4374 Cafebiz offers exotic Asian and local cuisine as well as tempting selections of global culinaty delights for buffet and a la carte dining. Expect show kitchen with Chinese traditional "hand-made" noodles or "La-Man", Tandoori dishes and Chinese-style roasted meats. On275 words
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Advertisement556 2006-01-28 16 is committed to establish Fuenti as a (fining destination which delivers quality authantk Maßan cuisine. Pina Court Chinese Restaurant 333Meritou Mandarin Singapore, Orchard RoadL T«L *****262/66 Enjoy Chatterbox's time-honoured and multi-award winning Mandarin Chicken Rice along with other lauded local favourites in an all-new presentation and ambience of modem vibrancy.556 words
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Advertisement241 2006-01-28 16 Try Skylight Cafe's weekly lunch special of<jflfcen corden bleu supreme or katsu don at $7.50 nett, Incisive of a cup of caffea/tttfeoft drink. Savour the cultural mix efthe Peranakan cu&ne: special homemade spices and aromiticdkhes. serifcd buffet-styie. Breakfast daily 6am to I&3 Gam. lunch: Montofri, 12pm to 230pm. High Tea:241 words
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WELLNESS
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Article, Illustration1205 2006-01-28 17 CHEAH UI-HOON - A food-based rapid weight loss programme is a different approach to stay trim without £oing hungry, reports CHEAH UI-HOON CHEAH UI-HOON THERE'S no better time than this weekend to resolve to make this a year of eating less and eating more healthily but starting only after the1,205 words
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Article248 2006-01-28 17 CHEAH UI-HOON - By CHEAH UI-HOON CHEF Bing Lam gives the assurance that Chinese New Year cuisine on the whole is fine, as there are a lot of vegetables used in various dishes. Abalone and pineapples, for example are both kidney yin tonic foods, deficiencies (which refers to248 words
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Advertisement34 2006-01-28 17 9» Get a I Leading Edge J Your sailing schedules get wider attention I in The Business Times shipping pages Call Bernard Ong at 6319-1645 or Michael Chng at 6319-2026 *m» v -■> Shipping times34 words
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Page 17 Miscellaneous
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Miscellaneous429 2006-01-28 17 CRYPTIC CROSSWORD a line beneath nineteen at cleaner (4) ■■B 9 New dairy built with quality of I I I I I 1 1 1 I BB 10 Singer from local town (4) I I I 13 One of the sisterhood gets a I I I I iBl dance (7)429 words
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SHOPPING
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Article, Illustration1132 2006-01-28 18 CORINNE KERK - CORINNE KERK gives a run-down on Her World Beauty Awards, an annual event to pick the products which deliver the best results CORINNE KERK WITH cosmetic houses launching thousands of beauty and skincare products each year, it can be a challenge sieving the good stuff from the so-so1,132 words
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Article, Illustration281 2006-01-28 18 CORINNE KERK - Spring/Summer 2006 brings an exceptionally wonderful collection of bags from different labels. CORINNE KERK selects some of the oh-so-desirable pieces arriving on our shores CORINNE KERK BVLGARI THIS season, the Italian house better known for its jewellery has an especially attractive collection of bags. There seems to281 words
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TRAVEL
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Article, Illustration1305 2006-01-28 19 GEOFFREY EU - A trip to France's famed Champagne region isn't complete unless you visit the historic city of Reims, says GEOFFREY EU GEOFFREY EU THE Hotel du Marc, an oasis of Gallic calm and charm surrounded by low walls and shaded by large trees, is tucked away on a quietPHOTOS BY GEOFFREY EU - 1,305 words
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THE BUSINESS TIMES weekend
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Article, Illustration1035 2006-01-28 20 JAIME EE offers some options if you haven't yet (gasp!) made a booking for the all-important occasion IT'S Chinese New Year's Eve. Do you know where your steamboat is? If you have suddenly awoken to the fact that we are now on the cusp of1,035 words
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Article, Illustration866 2006-01-28 20 JAIME EE - Don't be caught wanting when friends visit. JAIME EE samples the traditional Chinese New Year cookies hotels have to offer JAIME EE TO many caught up in the festive spirit, there's nothing like the fragrant layered spice cake known as kueh lapis which seems to appear at866 words
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