The Business Times, 23 February 2006
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2006-02-23
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The Business Times
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Title Section16 2006-02-23 1 THE BUSINESS TIMES MICA (P) *****/2005 Thursday, February 23,2006 online at http^/business-times.asial.com.sg SINGAPORE 8 b cents16 words
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Article464 2006-02-23 1 LESLIE YEE - Hikes of up to 80 basis points driven by rising interbank rates By LESLIE YEE [SINGAPORE] Succumbing to the tide of rising interbank rates over the past few months, home buyers are being hit with increases in mortgage rates of about 0.5 percentage points. Local464 words
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Article134 2006-02-23 1 sn 2,427.89 (-15.67) ST INDEX FUTURES 2,429.00 (-16.00) siMsa 287.58 (-2.11) SIMSa FUTURES 287.80 (-2.20) MARKETS Wednesday Change KLSE COMP 924.40 -1.27 NIKKEI 225 15.781.78 -113.16 HANG SENG 15,635.72 +8.48 SET INDEX 728.60 +0.84 JAKARTA COMP 1,231.25 -4.84 MANILA COMP 2,067.88 SEOUL COMP 1,340.58 -5.91 SHENZHEN B 251.55134 words
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752 2006-02-23 1 IVEN SREENIVASAN - Restricting SIA goes against spirit of open skies, say aviation observers By IVEN SREENIVASAN [SINGAPORE] The Australian government's decision to block Singapore Airlines from the lucrative trans-Pa-cific route has run into a hail of flak. Industry observers have denounced the decision as752 words
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Page 1 Advertisements
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Advertisement11 2006-02-23 1 j|L HK BUDGET ■uflfeKL "M breaks, ■Fl but GST looms K^S«"11 words
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Advertisement98 2006-02-23 1 Software that gives 1L X J business a hard edge PROPERTY Site of tennis landmark up for auction <. pr. 7 el B 1 <JAEGER^ECouItrp? lumkß f "*^vß ..a jB <&&Jbh REVERSO DUETTO. Iconic Rcverso watch. Art Deco style on the front, 32 stunning diamonds illuminating tlw mother-of-pearl dial on98 words
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Advertisement39 2006-02-23 1 COMMENTARY Rise of the financialproperty company PG4 PROPERTY S'poreans second biggest buyers of Australian hotels PG2B Prime retail rents in S'poredimb3.l% MM V i<* V- I i JitSaJjl ft# ■>>>'* 75% of HDB flats snapped up in walk-in selection PG3O39 words
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TOP STORIES
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Article, Illustration736 2006-02-23 2 KALPANA RASHIWALA - Lease is for 3 years, with option for two further terms By KALPANA RASHIWALA [SINGAPORE! The days of the Singapore Tennis Centre along the East Coast Parkway may be numbered. The landmark site, which has been occupied by Singapore Tennis Centre PteYEN MENG JIIN - 736 words
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Article, Illustration734 2006-02-23 2 CHUANG PECK MING - A founding father, he played vital roles in the building of modern S'pore By CHUANG PECK MING (SINGAPORE] Former Deputy Prime Minister Sinnathamby Rajaratnam died at his home in Chancery Lane yesterday afternoon. He would have been 91 this Saturday. A statement from theFILE PHOTO - 734 words
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Article532 2006-02-23 2 DBSAM's Shenton Income Fund downgraded MERCER Investment Consulting has downgraded Singapore's biggest bond fund by two notches, saying its credit resources "are significantly below the calibre of most of its global peers". DBS Asset Management's $1 billion Shenton Income Fund had its five-star rating suspended in the middle532 words
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Article, Illustration557 2006-02-23 3 HK$1.5b tax cuts to benefit middle class families most AFP [HONG KONG] Hong Kong Financial Secretary Henry Tang yesterday announced modest tax breaks but balanced them with the start of consultations on a goods and services (GST) levy. In his BudgetAFP - 557 words
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445 2006-02-23 3 PAULINE NG - By PAULINE NG in Kuala Lumpur MALAYSIA has raised interest rates for the second time in three months and postponed the planned introduction of a goods and services tax. The central bank lifted its overnight money rate by 25 basis points to445 words
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594 2006-02-23 3 GENEVIEVE CUA - Shenton Income Fund loses two stars under Mercer rating By GENEVIEVE CUA [SINGAPORE] Mercer Investment Consulting has downgraded Singapore's biggest bond fund by two notches, saying its credit resources "are significantly below the calibre of most of its global peers". DBS Asset Management's $1594 words
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Advertisement136 2006-02-23 2 Upcoming Conferences Corporate Branding Reputation 2-3 March 2006 Featuring: CNBC, The Sunway Group, Pan Pacific Hotels Resorts, Bata Malaysia, etc X REIT Launching Development Strategies 9-10 March 2006 Featuring: ARA Trust Management (Suntec) Ltd, Macarthur Cook Ltd, Colliers International, etc Multi-Channel Marketing 23 24 March 2006 Featuring: NTUC Income, MSN136 words
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Advertisement53 2006-02-23 3 ,■ln. I 1 i "fVZf .'lV"*yi Jr £•<¥•£ \Z? r "j ~i.». I w J. -M." V thenew OUTLANDER MITSUBISHI SHOWROOM: 241 Alexander Road. Sineaoore *****1 Tel: 6473 9722 AUTHORISED DEALER: Cvcle Carriaee Fulco Motor Dealer. 22 Übi Road 4. Fulco Buildine. Sineaoore *****7 Tel: 6746 3000 SDecifications mav varv53 words
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Advertisement117 2006-02-23 4 Club Card To *ppl»call64l6 0980 I A WorU of Exclusive Privileges 6 Treats i wuno.amara.com.mg Tt\HCA arfygrn* m bat Cmm tm*m. ***•>• *mn <M 5 liil te <M 5 21M lul nHi Joining forces? Announce the good news. Call 1800 289 8822 or email notices@sph.com.sg to book youT corporate notice117 words
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COMPANY NEWS
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548 2006-02-23 4 Share price too low, says AIS; Shin tells investors to accept Temasek offer By OUR CORRESPONDENT in Bangkok THE directors of Advanced Info Services (AIS), a subsidiary of Shin Corporation pic, yesterday recommended to its shareholders to reject Temasek Holdings' offer to548 words
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Article, Illustration376 2006-02-23 4 WONG WEI KONG - By WONG WEI KONG NEW products, a larger retail network and continued Strong branding led OSIM International to record earnings in the last quarter and the whole of 2005. Net profit in Q4 2005 rose 54 per cent to $16.2 million asARTHUR LEE - 376 words
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Article, Illustration324 2006-02-23 4 LESLIE YEE - By LESLIE YEE INTERNATIONAL Factors (Singapore) has announced a 43 per cent rise in net profit for full-year 2005 to $11.6 million. Turnover rose by 9.1 per cent last year to $33.6 million. Earnings per share rose from 7.9 cents in324 words
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623 2006-02-23 4 LESLIE YEE - HOCK LOCK SIEW By LESLIE YEE PROPERTY companies in Asia have traditionally excelled in timing the property cycle. Tycoons made fortunes from buying land when prices were low and selling investment properties when prices were high. This skill set or luck, as some would call623 words
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319 2006-02-23 4 ARTHUR SIM - Contributions up from healthcare, lifestyle units By ARTHUR SIM THE Tiger brand is continuing to be a cash cow for Haw Par Corporation, which reported an increase in profit for 2005 from its healthcare operations of 9.2 per cent to $17319 words
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373 2006-02-23 5 VEN SREENIVASAN - By VEN SREENIVASAN SINGAPORE Technologies Aerospace (ST Aerospace), the aerospace arm of Singapore Technologies Engineering (ST Engineering), yesterday announced that it had signed a memorandum of understanding with Agencia del Area Economica Especial Panama-Pacifl-co (AAEEPP) to set up an airframe, heavy373 words
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Article137 2006-02-23 5 Bloomberg UNZA Holdings Ltd, a Singapore-based maker of toiletries and personal-care products, scrapped a second attempt to take the company public. The share sale was cancelled because of the "potential impact" on earnings of a purchase of bonds issued by a subsidiary, Unza said in aBloomberg - 137 words
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253 2006-02-23 5 EDUCATION service provider Auston International Group has proposed to place out 40 million new shares at four cents each to raise a net $1.57 million for working capital. DBS Vickers Securities (Singapore) will be the placement agent. The placement shares will constitute 19.7253 words
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233 2006-02-23 5 ALEXANDRA HO - By ALEXANDRA HO IT'S record revenue and profit for CSE Global, a niche global system integrator in control, telecommunication and electrical systems, as its fourth quarter revenue and net profit increase 56 per cent and 126 per cent respectively. Revenue hit $90 million for233 words
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393 2006-02-23 5 LESLIE YEE - Q4 net profit for continuing operations down 57% to $13.9 m By LESLIE YEE IT was third time unlucky for Nat Steel when it failed yet again to change its name. At an extraordinary general meeting (EGM) held yesterday, which was attended393 words
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409 2006-02-23 7 KALPANA RASHIWALA - It expects 2006 earnings to be higher, led by Sentosa projects By KALPANA RASHIWALA AFTER more than doubling full-year net earnings from $16.5 million to $38.1 million last year, Ho Bee Investment says it is confident its 2006 performance will be "significantly higher" than409 words
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301 2006-02-23 7 CONRAD TAN - By CONRAD TAN ELECTRONICS distributor SNF Corp yesterday reported a sharply lower net profit of just $52,000 for its fourth quarter last year, compared to $893,000 for the same period in 2004. Revenue for the threemonth period ended Dec 31, 2005, rose301 words
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COMPANY BRIEFS
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45 2006-02-23 7 GENTING International, which completed its acquisition of Maxims Casino Club in January 2005, saw group net profit for the year ended Dec 31 more than quadruple to $110 million from $24.6 million. Revenue was $81 million, up from $34 million.45 words
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38 2006-02-23 7 DARCO Water Technologies more than trebled its net profit last year to $5.7 million, from $1.8 million. For the 12 months ended Dec 31, revenue rose 9 per cent to $55.3 million.38 words
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Article46 2006-02-23 7 LABROY Marine posted a 16 per cent rise in its fourth quarter net earnings to $11.8 million, despite a near doubling of turnover to $174 million. Labroy blamed it on higher provision in tax expense, doubtful debts and warranties.46 words
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Article30 2006-02-23 7 CONSTRUCTION group Lian Beng Group Ltd said its subsidiary has clinched a US$l7.4 million contract to build 600 single-storey homes for tsunami victims in Maldives.30 words
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36 2006-02-23 7 CHINA Sky Chemical Fibre Co Ltd's FY2005 net profit rose 30.5 per cent to 320.8 million yuan (Ss6s million). Revenue rose 55.8 per cent to 1.2 billion yuan.36 words
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39 2006-02-23 7 UNITED Overseas Insurance said FY2005 net profit rose 70 per cent to $20.7 million. Net underwriting profit increased 51 per cent to $11 million while non-underwriting income gained 88 per cent to $14 million.39 words
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Article37 2006-02-23 7 SUPER Coffeemix Manufacturing Ltd reported net profit of $23.30 million for the year ended Dec 2005, up 28 per cent from $18.25 million. Turnover was $187.95 million compared to $171.88 million.37 words
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35 2006-02-23 7 TAIWAN-based venture capitalist Hotung Investment Holdings Limited reported a fourth quarter net profit NT5108.97 million (555.5 million), a turnaround from a net loss of NT5218.92 million a year ago.'35 words
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Article, Illustration338 2006-02-23 7 CHEN HUIFEN - By CHEN HUIFEN BUOYED by a robust oil and gas sector, Advanced Holdings yesterday announced that its net profit more than doubled to $6.9 million last year from $2.6 million in 2004. Encouraged by the record performance, Advanced, which designs and provides338 words
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SINGAPORE MARKETS
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Article, Illustration498 2006-02-23 6 R SIVANITHY - STOCKS ST Index's 15.7-point slide attributed to falls on Wall Street and in Tokyo R SIVANITHY Senior Connpondent AFTHR the promise of Tuesday's bounce came the disappointment of yesterday's session, during which prices floundered uncertainly in patchy trading, leaving the Straits Times Index 15.67 points worseSource: Bloomberg - 498 words
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Article, Illustration729 2006-02-23 6 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS (Disclosures made on Feb 22 and earlier) Ma* Prin SMAtmXMWC TTm itiiKu' M Skim Par Mm Ma* Traaa Pa»e f—I f* •yUn Wjh HkJgs 21 feth06 WonaMtnU *Se« ***** 0.39 Ji'H to to MmWihHMgs 21feto-06 M*nWlh Invest SHI ***** na 21«1*7 74 52 2J?!2?729 words
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150 2006-02-23 6 CHEN HUIFEN - By CHEN HUIFEN DATACRAFT Asia has started to buy back its shares from the market this week, having accumulated 900.000 shares in two transactions. On Tuesday, the company spent more than U*****,800 buying 400.000 shares at US$ 1.13150 words
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Article, Illustration1024 2006-02-23 6 CHEN HUIFEN - Compiled by CHEN HUIFEN CMp Eng Seng Feb 22 dene 173 coats KM BIG RESEARCH, Ftb 21 t THE FYOS results were within esti- mates. Although revenue fell 30 per cent to $99.8 million as a result of lower turnover from construction f and residential development actlvi- ties, netSource: Bloomberg - 1,024 words
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Article, Illustration539 2006-02-23 6 LARRY WEE - CURRENCIES LARRY WEE Senior Correspondent THE US dollar had a better day all round as oversold positions were trimmed ahead of what is expected to be a strong US Consumer Price Index reading for January, due out overnight Most conspicuously, this extendedSource: Reuters - 539 words
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Advertisement220 2006-02-23 7 'f" %-X T- 33L "r„, 1, 'I ,-4 ijWWB!SjK ft w m- _y c m g .-r lifij iSk-jSeMF!* «*.♦> i HPBfe~ MONACO CITY TOUR? f 2 III 1 1! I i T'HljWglJi..*; s=aa 5r 1 ■P EX.- P^— V m Wi V IgiMp t fIMMHK EXPERIENCE MORE WITH VISA220 words
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SINGAPORE NEWS
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Article, Illustration512 2006-02-23 8 CHEN HUIFEN - The changes are critical for financial sector, panelists at PwC seminar told By CHEN HUIFEN DESPITE some disappointment over a lack of major pro-business initiatives, panelists at a PricewaterhouseCoopers (PwC) seminar reckon Budget 2006 is highly stimulative and builds on the foundation that Singapore hasFILE PHOTO - 512 words
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407 2006-02-23 8 TEH HOOI LING - By TEH HOOI LING THE Inland Revenue Authority of Singapore has issued guidelines to businesses on applying the arm's length principle in transfer pricing. In a circular entitled "Transfer Pricing Guidelines", available at Iras' website (www.iras.gov.sg) under the section "e-Tax Guides", the tax authority says407 words
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241 2006-02-23 8 NANDE KHIN - By NANDE KHIN THE number of children receiving financial help from the Ministry of Education (MOE) is expected to more than double under the enhanced Financial Assistance Scheme (FAS). Education Minister Tharman Shanmugaratnam said yesterday the income ceiling under the FAS will be241 words
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282 2006-02-23 8 GRACE CHONG - By GRACE CHONG LOCAL enterprises will find it easier and more convenient to tap into government information and services, thanks to a new Internet site called Enterprise One. The website, supported by a telephone hotline and a network of Enterprise Development Centres282 words
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Article, Illustration336 2006-02-23 8 SHOEB KAGDA - by SHOEB KAGDA in Jakarta MINISTER Mentor Lee Kuan Yew yesterday paid courtesy calls on two old friends former presidents Suharto and Megawati Sukarnoputri both of whom had built and maintained strong ties between Singapore and Indonesia. The meeting with Mr Suharto was especially warmREUTERS - 336 words
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Article, Illustration415 2006-02-23 9 RONNIE LIM - US$120 million project has capacity of 3.9 million barrels By RONNIE LIM (.FRMANY S Oiltanking. which has buth up a ft 4S million barrel storage terminal In Singapore coating over half a billion dollars, to setting its sights on Indo nesia's recently deregu< laST FILE PHOTO - 415 words
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Article226 2006-02-23 9 Reuters SINGAPORE stale investor Turnssek Holdings Is considering Issuing USS3-USS4 billion worth of 30-year bonds to drive growth abroad, sources said. Investment banks are pitching Ideas aiming to secure a mandate Id manage the deal which to expected to come to the market in theReuters - 226 words
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Article, Illustration316 2006-02-23 9 SAMUEL EE - By SAMUEL EE PASSf-M.I-11 car COfca ye* lerday rrottod bark into ftveftgurr tmltory a» bark orders put pre««urr on pre mtum* Category K (thr oprn category! posted thr b«gge«t Jump of 51.125 to $10,400 In thr bidding exerrtse for certificate* of entltlrmmt CatFILE PHOTO - 316 words
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Page 8 Advertisements
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Advertisement285 2006-02-23 8 nepe s SINGAPORE'S FIRST 300 MM BUMPING FOUNDRY READY NEPES Pte Ltd, an International flip chip bumping company pursuing global excellence, has announced that they are ready to commence production in March 2006 following the completion of cleanroom and equipment setup in Ang Mo Kio.This new setup will start with285 words
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Advertisement247 2006-02-23 9 Learn from America's most successful a Georoe Fontanels. Harvard options educators! Make enormous returns with minimal risk Generate profit risking as little as SG$lOO c^Sat^ 5 Trade on the ASX, NASDAQ, NYSE or any other ottwrs major world stock and option market n Find explosive money-making trades in only 5247 words
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Advertisement91 2006-02-23 9 W S«gB«- H LOfMO KVKN Ml CUITOMJUI IS OKI TOO MAHT. t Hj I So visit mmidbiUoin/19/bw or ul *****0 4330. And dam H H tin —crt» oI dtßvrtwg wloww drtwit mcv*o from cowpantw that yot It right I H ■l I Is I l ■I 1 I H s91 words
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FOCUS: SERVICES
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Article, Illustration855 2006-02-23 10 OH BOON PING - LEADERSHIP Three basic steps can help cultivate strong management, learns OH BOON PING OH BOON PING WHILE there may be many different forms of leadership, the key qualities of a leader remain unchanged, said a consultant from West Pointers Leadership Consulting. "While the form that leadership takes may855 words
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Article5782 2006-02-23 10 UNIT TRUSTS FUNDS AM Man Ami Mgt (S'pora) Star Europe Eqty!" 0904* Star Eirope Bond 1.177/ Star Europe Bal 116/ Star Asian Tiger Eqty 1.163/ Star Asia Bond 1313/ Star Asu Baimzd 1.068/ Star Global Technology Fuid 1 0.208/ Mutt St Fd 1053/ Sbr Asa BokKUSO) 0 .806/ Ob Mutt5,782 words
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Advertisement25 2006-02-23 10 r. V AllianzGl Global High Payout Fund rated 4-stars Alliatiz bv Mercer Investment Consulting. Visit OCBC Bank for details. ciobaiinvestors imuk J -J cKinp.iity no25 words
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ECONOMY WATCH
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Article, Illustration458 2006-02-23 11 Growth driven by healthy consumer spending, capital investment exports AP (HONG KONG) Hong Kong's economy grew 7.6 per cent in the fourth quarter, and the territory's financial chief declared its economy in the best shape since the Asian financial crisis of 1997-98. TheAP - 458 words
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281 2006-02-23 11 Reuters. AP [JAKARTA] Indonesia's economic growth is likely to accelerate and monetary policy is expected to relax in the second half of the year, the chief economics minister said yesterday. Annual economic growth in South-east Asia's biggest economy slowed in the fourthReuters.; AP - 281 words
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221 2006-02-23 11 Bloomberg [NEW YORK] US mutual fund assets rose 3 per cent to US$9.B7 trillion in January on record sales of international stock funds and an increase in equity markets, according to consultancy company Strategic Insight. Investors added US$47 billion to long-term mutual funds inBloomberg - 221 words
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Article, Illustration338 2006-02-23 11 Reuters IPARISI Growth in Europe's stop-start economy ground to a near halt again late last year as solid German exports failed to compensate for a decline in its domestic market and France's export performance went belly-up. Germany explained yesterday why there was no OverallReuters; AP - 338 words
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Article, Illustration758 2006-02-23 11 It's the speed of production that's more worrying Reuters (LONDON] Furious debate about how much oil the world has left is matched in intensity by the argument about how much it matters. For producers, consumers and big oil companies, the holy grail ofReuters; AFP - 758 words
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Advertisement150 2006-02-23 11 Singapore LeanPharma Aug 9-11,2006 Management of Managers Nov 6-10.2006 Q fa Bangkok Leadership in Action |un 19 23.2006 Strategies for Growth lun 26 28,2006 Effective Sales Management M 26 28,2006 3 Lean Manufacturing Aug 14 -16,2006 Supply Chain Management Aug 17 -19.2006 (II Building Organizational Capability for Strategic Implementation Aug150 words
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MALAYSIA/INDONESIA
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232 2006-02-23 12 [KUALA LUMPUR] Bursa Malaysia Bhd expects 70 initial public offerings this year, comprising companies in all sectors, Malaysia's Business Times reported yesterday. MBT quoted Bursa Malaysia chief executive Yusli Mohamed Yusoff as saying that the exchange will continue to232 words
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Article, Illustration421 2006-02-23 12 Reuters [PUTRAJAYA] Bird flu tests showed negative for five of the seven people in Malaysia who were admitted to hospital yesterday with breathing problems following its first poultry infection in over a year, Bernama news agency reported. Health Minister Chua Soi LekReuters; REUTERS - 421 words
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227 2006-02-23 12 Bloomberg [JAKARTA] PT Indosat, Indonesia's second-biggest phone operator, had its rating cut to "underweight" by Morgan Stanley on competition concerns as new companies are set to enter Indonesia's telecommunications industry. Morgan Stanley, which lowered Indosat's rating from "overweight", also cut the target price forBloomberg - 227 words
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301 2006-02-23 12 Bernama. AFP [KUALA LUMPUR] Malaysian Information Minister Zainuddin Maidin has described the move by The New Straits Times (NST) to publish twice a caricature regarded as mocking Prophet Mohammed in its newspaper as unwise and uncalled-for provocation. He said the Cabinet atBernama.; AFP - 301 words
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579 2006-02-23 12 S JAYASANKARAN - Killinghall may call EGM to decide their fate for resisting bank's takeover By S JAYASANKARAN in Kuala Lumpur FOUR directors of Southern Bank Bhd (SBB), which is facing a takeover, are at the risk of being dumped by order of the bank's major shareholder579 words
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Article2314 2006-02-23 12 VOL Nfca M W- ("WW ASM Realty 1.40 with 1 Abric' 031 unch 15 ACPInduMte -0.71 -0:01 251 Advance Synergy 0.17 -001 1MB Adventa 0-29 unch SB AEMM -0J7 -0.02 311 AffinHldgi 133 0.01 100 AhmadZakiRas 136 0X13 18 AKCorp 1-04 -0.03 30 ArAsia 1.73 -0.02 1696 AKN2,314 words
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Advertisement810 2006-02-23 12 In th« matter of The Companies Act, Cap. 50 And In the Matter of CHENG ENGINEERING EQUIPMENT PTE LTD (COMPANY NO *****6102Z) STATUTORY DECLARATION BY DIRECTORS OF COMPANY'S INABILITY TO CONTINUE BUSINESS BY REASON OF ITS LIABILITIES I, lIM HOCK YONG of 343 Loyang Rise Singapore *****7, NRIC No. *****480810 words
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GREATER CHINA
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Article540 2006-02-23 13 But equity funds can do so in only non-sensitive sectors Reuters [HONG KONG/TOKYO] Investment bankers are predicting a bumper year for leveraged buyouts in Asia, but even the most optimistic players concede that legal constraints and banks' caution will keep China deals on the sidelines.Reuters - 540 words
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Article, Illustration655 2006-02-23 13 Bloomberg [SHANGHAI] The bear market that made Chinese stocks the world's worst performers during the past five years may be over. Shanghai's composite index has climbed 25 per cent since July as the Chinese government permitted overseas investors to buy more shares, enablingBloomberg; BLOOMBERG - 655 words
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543 2006-02-23 13 Bloomberg [SHANGHAI] Baidu.com, China's most-used Internet search engine, said sales in the first quarter may double from a year earlier as the company attracts more advertisers. The shares surged 12 per cent. Revenue will probably rise to between 125 millionBloomberg - 543 words
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BRIEFLY ASIA
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Article83 2006-02-23 13 Reuters [KUALA LUMPUR] Malaysian gaming and power group Genting Bhd said yesterday that quarterly earnings rose 45 per cent from a year earlier, boosted by higher revenue from its leisure, property, manufacturing and oil and gas businesses. Genting posted fourth-quarter net profit 0fRM346.67 millionReuters - 83 words
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76 2006-02-23 13 Bloomberg [KUALA LUMPUR] Maxis Communications Bhd, Malaysia's biggest mobile-phone operator, said fourth-quarter profit rose 15 per cent as the company added subscribers, ending two quarters of profit declines. Net income in the three months ended Dec 31 rose to RM435 million (Ssl 90 million), or 17.4Bloomberg - 76 words
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109 2006-02-23 13 AFP [JAKARTA] Indonesian authorities will offer 27 oil and gas blocks for concessions, 17 of them new, in March, a report said on Tuesday, "In March, we will offer them, a total of 27 blocks, and there are already a lot ofAFP - 109 words
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91 2006-02-23 13 Bloomberg [NEW DELHI] India, Asia's third-largest oil consumer, will open offers for oil and gas exploration areas today, to increase domestic production to meet the country's growing energy demand. The areas will be offered under the so-called New Exploration Licensing Policy, according toBloomberg - 91 words
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69 2006-02-23 13 AP [SHANGHAI] China has completed a brief investigation into claims that Google's new Chinese search engine lacks the proper operating licence, the government said yesterday. No indication was given of the result, but the Ministry of Information Industry was "taking a circumspect attitudeAP - 69 words
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Advertisement1581 2006-02-23 13 >ATc; 1T 0 j !""*> Toll free 1800-289-8822 Email, sph.com.sg IN THE MATTER OF THE COMPANIES ACT CAP 50 AND IN THE MATTER OF CAPITALAND PROPERTY SERVICES HOLDINGS PTE LTD (CtNapaay No. 199M3771G) NOTICE OF RESOLUTIONS FOR MEMBERS' VOLUNTARY WINDING-UP (Pursuant to Section 290) At the Extraordinary General Meeting of1,581 words
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Advertisement130 2006-02-23 13 JAYA MARITIME PTE LTD (IN MEMBERS'VOLUNTARY LIQUIDATION) Company Registration No. *****3071K NOTICE IS HEREBY GIVEN THAT A FINAL GENERAL MEETING OF THE COMPANY WILL BE HELD ON THE 23RD DAY OF MARCH 2006 AT 10.00 A.M. AT 30 ROBINSON ROAD #04-01 ROBINSON TOWERS SINGAPORE *****6 FOR THE FOLLOWING PURPOSE: Agenda130 words
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INDIA
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Article, Illustration545 2006-02-23 14 Further opening up 'could lead to India achieving 8-10% sustained growth' AFP [WASHINGTON] The Indian economy is reaping the rewards of 15 years of reforms and if opened up further could achieve sustained growth of 8-10 per cent, the International Monetary Fund (IMF)AFP; REUTERS - 545 words
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364 2006-02-23 14 Accord won't help to expand nuclear arsenal: envoy Reuters [WASHINGTON] India's ambassador to Washington on Tuesday dismissed fears that a controversial civilian nuclear energy deal with the United States would help New Delhi expand its atomic weapons production. Speaking ahead of PresidentReuters - 364 words
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380 2006-02-23 14 BIRD FLU Bloomberg [NEW DELHI] India killed more than 223,000 birds to prevent the spread of avian influenza as Germany, Hungary, Greece and Bos-nia-Herzegovina reported more infections among wild birds. The cull took place in the Indian states of Gujarat and Maharashtra, according to IndianBloomberg - 380 words
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Advertisement247 2006-02-23 14 I I I I mmm mjk I diaa I I lilllHidH I 111 I still get a headstart I > 1 I Get up to speed even before you step into the office. Reod all the latestfinancial I I »%OSottb*'Cmkmrmtm ($179) I revohitionaiY material origincAy developed by NASA[^^^H| I it247 words
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ASIA-PACIFIC/WORLD
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479 2006-02-23 15 Software maker accused of anticompetitive practices Bloomberg [BRUSSELS] An alliance of technology companies yesterday launched a new complaint against Microsoft Corp, accusing the software maker of abusing its dominance in products such as word processors and spreadsheets. International Business Machines, OracleBloomberg - 479 words
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Article, Illustration232 2006-02-23 15 Reuters [SEATTLE] Microsoft Corp prematurely posted information about its much-an-ticipated Windows Vista operating system on one of its websites, the company said on Tuesday. Microsoft disclosed information about a plan to release eight different editions of the new operating system on a company help pageReuters; REUTERS - 232 words
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394 2006-02-23 15 LATEST US DATA Reuters, AP. Bloomberg [WASHINGTON] US consumer prices rose a surprisingly large 0.7 per cent in January but costs outside of food and energy were up just 0.2 per cent as expected, suggesting underlying inflation remains tame, aReuters,; AP.; Bloomberg - 394 words
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473 2006-02-23 15 Move comes ahead of Sunday's rally by PM's opponents By OUR CORRESPONDENT in Bangkok THAI Prime Minister Thaksin Shinawatra's Thai Rak Thai party said yesterday it plans to hold rallies across the country from next month as part of a move to shore473 words
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WORLD WATCH
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100 2006-02-23 15 Bloomberg [NEW YORK] Bank of America Corp said it will transfer 2,000 international wealth-management accounts holding a total of US$2 billion to BNP Paribas as part of an effort to focus on select overseas markets. The accounts are currently managed by BankBloomberg - 100 words
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111 2006-02-23 15 Reuters [FRANKFURT] Deutsche Boerse wants to join forces with Euronext and a combined group's headquarters should be in Frankfurt, the German stock exchange operator said on Tuesday. "A combination of Deutsche Boerse and Euronext is by far the most attractive among aReuters - 111 words
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83 2006-02-23 15 Bloomberg [BRUSSELS] Germany utility E.ON is getting what may be the world's largest company loan to finance its 55.2 billion-euro (Sslo7 billion) bid for Spanish power company Endesa. HSBC Holdings, Citigroup, JPMorgan Chase and Deutsche Bank are fending at leastBloomberg - 83 words
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130 2006-02-23 15 AFP [MANILA] State funds and other assets looted by the late Philippine president Ferdinand Marcos and his cronies may now be worth US$lOO billion but less than US$2 billion has been recovered, an official said yesterday. The total value was originally estimated toAFP - 130 words
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110 2006-02-23 15 Reuters [TOKYO] Takafumi Horie, the former Internet CEO who shook up corporate Japan and ran for parliament with ruling party backing, was arrested again yesterday on suspicion of violating a securities law, Tokyo prosecutors said. Horie, formerly chief executive of Livedoor Co, was arrestedReuters - 110 words
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Article, Illustration886 2006-02-23 15 ANTHONY ROWLEY - ASIA INSIGHT Koizumi is in retreat and his successor could well be a caretaker premier who keeps the seat warm for a reactionary ANTHONY ROWLEY Tokyo Correspondent Apolitical prize-fighter who last September scored a knockout victory against his opponents at the polls, Japanese886 words
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Page 15 Advertisements
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Advertisement302 2006-02-23 15 IN THE MATTE* OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER Of JO HOLDINGS (SINGAPORE) PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) (Company No: *****0392W) Extract of the Minutes of an Extraordinary General Meeting hold at 80 Raffles Place #29-20 UOB Plazo 2, Singapore *****4 on fKe 15»h day302 words
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AVIATION
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Article, Illustration593 2006-02-23 16 GEORGE JOSEPH - It'll service SIA and other regional airlines' Rolls Royce Trent 900 engines By GEORGE JOSEPH [SINGAPORE] Singapore Airlines' choice of the Rolls Royce Trent 900 engine for its new A3BO aircraft will spawn a multi-million-dol-lar engine overhaul and repair business for Singapore inYEN MENG JIIN; AP - 593 words
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311 2006-02-23 16 Reuters [CHICAGO] US Airways Group Inc, formed from the merger of America West Airlines and US Airways last year, on Tuesday reported a narrower-than-forecast loss, excluding special items. The combined airline said its net loss widened to US$26l million, or U553.26 per share, comparedReuters - 311 words
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Article789 2006-02-23 16 orr Hiaw ha war rre B S J 1IIIIIF TO jjjj j taBkp WlBT%Bn?S «sb nhkzi IsL NHS25 5315 M 1% *m 10! k mSS aw *m\ ls| giiijg.i —Mm ifi5 q»g~g8 ~mW "W8| f)l H! J iil^ {£T *w5j 0715 Ng3§~~|g II I! awl« BS789 words
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174 2006-02-23 16 IBANDUNG] State Minister for State Enterprises Sugiharto has denied newspaper reports the government will sell a part of its shares in cash-strapped Garuda Indonesia to European airlines, according to the Jakarta Post. "Garuda executives have discussed partnership programmes with international carriers, but174 words
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Page 16 Advertisements
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Advertisement144 2006-02-23 16 W£m bbbbbbbbbbbhhbhbhbbbbhbhbbbbhhbbbhbhhbbhhhhhbhbi I??/ k9 iE minQi MSV AttlMtfVW PrtlBsf Details in magazine A J A can assist you with h If to? yM British Virgin islands Caymanlslandf* Bahamas Hongkong w..1.1.mi..mil- ii. ;»"^-^S«nwa Full nominee, management, secretarial, banking and corporate administration services are available. We also specialize in offshore trusts for144 words
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Page 16 Miscellaneous
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Miscellaneous330 2006-02-23 16 CRYPTIC CROSSWORD ACROSS rup (7) 1 Clumsily inflate 3 jet for a pi- 6 Jf**" <°' xe ar wth al_ rate (4 7) lowance for waste (4) 8 Dug up to rid resident of re- 7 f c,cer t0 dirt 11 dub land (4) 12 Novice to eat endless dirt330 words
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ASIAN AEROSPACE 2006
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Article, Illustration622 2006-02-23 17 It plans to build final assembly line in China and service centre in India AFP [SINGAPORE] European aircraft maker Airbus announced plans yesterday to push deeper into the key Asian market, including booming India and China, with plans to build facilities andAFP - 622 words
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420 2006-02-23 17 GEORGE JOSEPH - Aermacchi's parent company banking on Asia-Pac growth By GEORGE JOSEPH [SINGAPORE] Finmeccanica, Italy's top high-technol-ogy and systems company and a European leader in defence, satellites and space services, is to open a representative office in Singapore to tap the region's markets. Better known420 words
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165 2006-02-23 17 OH BOON PING - By OH BOON PING [SINGAPORE] Singapore's own planned airshow yesterday received a strong vote of confidence, with 75 per cent of its space already committed for 2008. "This is unprecedented in the history of airshows," said Singapore Airshow's managing director, Jimmy Lau. "We are165 words
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Page 17 Advertisements
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Advertisement167 2006-02-23 17 veiling the future of world-class aviation. In 2008. mmf-^ The future Singapore Airshow is a world-class promise delivered. Imagine what the future of world-class aviation would be like in 2008. It would be more spacious. With a 30,000m 2 custom-built, fully air-conditioned y'J hall, a 100,000m 2 static display area167 words
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SHIPPING
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Article, Illustration870 2006-02-23 18 Massive investments needed to upgrade infrastructure Reuters [SINGAPORE] Asia's ageing ports and railways are struggling to cope with fastgrowing demand for energy and commodities, risking supply shortages and threatening to curtail economic growth unless massive investments are made. Shipping markets and oilReuters; BLOOMBERG - 870 words
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439 2006-02-23 18 They may cost 20% and 25% less than Korea's and Japan's Bloomberg [KUWAIT CITY] Kuwait, the fifth-largest oil producer in the Organisation of Petroleum Exporting Countries, said it may order supertankers in China for the first time because they are cheaper than in SouthBloomberg - 439 words
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251 2006-02-23 18 Reuters [LONDON] Associated British Ports, Britain's biggest ports group, said yesterday annual profits inched higher, as expected, after new long-term contracts helped cushion the impact of a weak UK retail sector on deep-sea container growth. AB Ports, which handles about a quarter ofReuters - 251 words
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Article284 2006-02-23 18 SGX 000 F*22 Si W- Vol CH Offshore .039 unch 113 Chuan Hup .039 -0.01 1018 Cosco Corporation 121 0.01 5145 CWT Distribution .0.92 0.04 106 EzraHldgs 2.10 0.01 360 Freight Links 0 06 unch 1426 Grand Banks Yacht .0.93 unch 0 Java Holdings 131 0.01 371 K1284 words
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Article, Illustration429 2006-02-23 18 Reuters [ATHENS] The Greek government yesterday ordered striking seamen back to work, saying it was necessary for the survival of Greece's islanders cut off from vital food and medical supplies from the mainland for days. The seven-day strike has docked commercial and passengerReuters; REUTERS - 429 words
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Page 18 Advertisements
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Advertisement111 2006-02-23 18 movind moving b movine|H^ ahead i—\ To synergise our resources, and v optimise operational excellence, we're shifting to our new office on 27 Feb '06 to: With an enhanced working environment, we are well positioned to serve you better in scheduled regional liner services for both containerized I conventional cargo111 words
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Page 19 Advertisements
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Advertisement1186 2006-02-23 19 fllrd I B Rlfr! !M flH^EgdHP^^pwfß^|O^K" 7 n I .^H 1 V- t /g\ NYK GROUP SOUTH ASIA PTE LTD F=- NTKu« KTSK LINE (Region* sates)/6239 7109 (OPS)/ 6299 5785 (Pocumentation) NIPPON YUSEN KAISHA TOKVO KWUQI KASHA. 170. (C/R NO: **********0E) UK CONTINEMT SERVICE U.S.A SERVICE Destination Destination C BRAVE1,186 words
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Advertisement583 2006-02-23 19 IWHtAIU ROUP MKVKI vßsa/vor umn) hbgktw h» «n B sw i jkt STRAITS VDfTlHt£ 05/04 IS 3.2 22/03 25/03 30/03 02/04 04/04 STRAITS VENTUKE 04/04 IS II 04/04 04/04 20/04 23/04 25/04 STIAITS VEMTUtE 07/04 IS 3.2 27/04 30/04 04/05 07/0S W/OS lauwiaurn rorq swviq I VBsa/wr imwwi inanwii 10583 words
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Page 20 Advertisements
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Advertisement1695 2006-02-23 20 WAN HAIMRRNAHONAL PIE LID a NOt M4fS9MOQO/v W\WAN HAI LINES V jOHKiivtßiMßiMiivißiwnM&iHDafMnittmannvmMH _l —t na:ini)Sß4MlHUb|Bl|lß«mMl«:7ltM/m»l Mtmin *ww.w«.€—«H N»:IMI)4H7M3»ULW*I)4IS«TK/414?W ivt am nSSw"" Bss $5 n& Iwwiwiii nn w M M u M M w iw iw Iww hn 731 hts imb ii/u awn wo vm umi/w tws ivo ivoj ivw ivo1,695 words
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Advertisement956 2006-02-23 20 <Bsa KHMirwHiiffliiß vtssa m T «i sni ro oa wk WTftOMESS IWS 2/3 Q W 11/3 IV3 15/3 15/3 KMT( JAKAKTA 603S M>/? 1/3 2/3 7/3 11/3 12/3 HTMBO6C IMS V 3 11/3 )«/3 l|/3 M/ 3 H/3 g/3 KMTt HISAW 603S i/3 1/3 M 14/3 11/3 H/3 vssa dot956 words
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Advertisement692 2006-02-23 20 m WEEKLY EXPRESS SAILING SCHEDULE I<SoACCEPTII!no7LU<OTTHERN AND WESTERN ICQ POINTO! vissa 1 vot |aw rjaAWGlcoio—o n swv* I coumoo I IMSOAMPnNe raro coo* iuncoM <vii mam and unui «u| (VIA M SIKVA) COWOIK MTMB VJU TO HJMPI (RUXSTOWI IOnBMU HMIW AMD lAST COAST USA OCX TOW. WOWMWUICHWUSTOH AT II SUVA692 words
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THE BUSINESS TIMES SHIPPING TIMES
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7175 2006-02-23 21 This £TA ETA Adwtlwr VmmI Voyagt Tillman SIN DcsfR Nunc Nunc Nunbcr NuMbcr To ABIDJAN (ABJ) 2003 Cote D'lvoire 02/03 04/04 China Snpq CSCL FELIXSTOWE SX215W *****898 05/03 06/04 Detmas KLMAS BAUDIN 614W *****344 07/03 18/04 China Shpg CMACGM FORCE SX217W *****898 15/03 11/047,175 words
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Page 21 Advertisements
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Advertisement277 2006-02-23 21 VtSStl VOT SIN PCU VISSII VOT SI JKT CSf 2301 0243P 25/02 26/02 PACHHTAH <339 25/02 20/02 pacianoa urn 25/02 25/0? 4207 27/02 IgZgZZ PACIAHDA *****1 26/02 27/02 WUt 9340 I 04/03 HE7B -SL23O] 0244? urn Ql/W gjif" M -%Br— PACIAHPA 1676N 2lZfi2 ft/9? ScST 4209 13/03 t/03 MCMHOA 16ZZM277 words
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Advertisement253 2006-02-23 21 IVISSH IVOY m I «W I KARACHI I DXS I SAS WHS DMM UK KHOt "I KAN SHAHKYAR Kl 5122 22/03 23/02 04/03 07/03 04/03 13/03 16/03 19/03 WAN lAAMH KL *123 01/03 01/03 11/03 14/03 15/03 21/03 24/03 27/03 WAN KOtPtSTAN KL >124 09/03 10/03 19/03 22/031 23/03 29/03253 words
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Advertisement118 2006-02-23 21 BSA ik. MYANMA hHH FIVE STAR UNE (MyoMior Natioaol Um) Loodtef for Yaflfoa VESSEI VOY SIN Pitt PEN PGU CHM SHWI HAW 90W SID PAGAN J49W SLO IN MALAYSIA: lOUSTEAD SHIPPING AGENCIES KIK/PKL: 03-300SS3M PIN: 04-2t33«15 ACCEPTIWa CONVENTIONAL C6O Vtssa VOYHKSMm KM IN ITU SDK TWU OXDANMT 12 SU> SU>118 words
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EDITORIAL & OPINION
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533 2006-02-23 22 Open skies rhetoric consumer loses EDITORIAL WITH its decision to shut Singapore Airlines out of the trans-Pacific air route, Canberra may well argue in the same breath that it has hardly reneged on its word about open skies and market liberalisation. And well it could, if industry players take note533 words
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Article, Illustration968 2006-02-23 22 SHADA ISLAM - There is growing evidence that protectionism still exists in many parts of the bloc SHADA ISLAM Brussels Correspondent IT WAS a daring move. By signing the European Single Act in Luxembourg in February 1986, leaders of the 12-member European Economic Community (orREUTERS - 968 words
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Article, Illustration736 2006-02-23 22 ROBERT SAMUELSON - THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group IT'S true that in a "knowledge economy" one where new information and ideas increasingly form the basis of useful products and government programmes nations need an adequate science and engineering (S&E)The Washington Post Writers Group - 736 words
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Article, Illustration867 2006-02-23 23 LEON HADAR - That's what US lawmakers and officials want to ignite another foreign policy crisis and that's what Bush team needs now LEON HADAR Washington Correspondent LET'S check the Bush administration's most recent achievements in the foreign policy field: Iraq is in a mess and867 words
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756 2006-02-23 23 WILLIAM PESEK JR - By WILLIAM PESEK JR Bloomberg SURPRISINGLY strong growth in Japan is raising many eyebrows, not least those at the central bank anxious to scrap its zero-interest policy. There can be little doubt that 5.5 per cent growth between October and DecemberBloomberg - 756 words
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Article, Illustration1158 2006-02-23 23 TARUN KHANNA - By TARUN KHANNA GUY Dolle, the embattled chief of the European steelmaker Arcelor, may have been wrong to resist Lakshmi Mittal's takeover attempt. But his opposition to the bid contained a kernel of truth: National ownership really does matter. It is easyPHOTOS: BLOOMBERG - 1,158 words
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Article9878 2006-02-23 24 SGX MAINBOARD Transaction date: Feb 22 52-Wh Tel Last Vol Day Lart Quota Grttv Mr GrVM MM MCas W# 1— Code C— >—y Sate W- rOM> MWi l—r 5*r Cur W W t 2 5/16 1st Software 5c 3 *0.5 1473 3 2.5 2.5 3 121 18.5 69,878 words
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Article5797 2006-02-23 25 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES totocrtear htt InUM dy *»r dy yr dy *yt mi Indu Ouno» Piiny Ch«f>0« Changa Chang* Wofia inda Preliminary ***** 02 33 02 1_6 01 35 WEPiHinwT >009-7 OS 3.8 OA 24 04 <4 Europe Pi Himinarv 1360.7 02 5.6 0.1 47 -0.15,797 words
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BizIT
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Article, Illustration851 2006-02-23 26 AMIT ROY CHOUDHURY - Business Objects tells AMIT ROY CHOUDHURY why it sees good growth potential in the region AMIT ROY CHOUDHURY ANEW set of software tools that allows companies to use their data more effectively is set to become an important aspect of IT spending in851 words
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130 2006-02-23 26 Bloomberg ISEOUL] Computer memory chipmakers raised prices of the product by an average t)f 10 per cent because of a shortage, Dramexchange. com said, without citing sources. The contract price boost for the so-called DDR2 type of dynamic random access memoryBloomberg - 130 words
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89 2006-02-23 26 Bloomberg [SHANGHAI! China's exports of computers and parts rose 16 per cent to U555.77 billion in January from a year earlier, the Ministry of Commerce said yesterday. China exported a total of 96.9 million computers and parts last month, the ministry said onBloomberg - 89 words
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309 2006-02-23 26 Reuters [SAN FRANCISCO] Sales of server computers for businesses slipped for the first time in nearly three years as customers switched to less-expensive systems in the fourth quarter, market researcher IDC reported yesterday. Revenue in the worldwide server market fell 0.2Reuters - 309 words
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501 2006-02-23 26 AP [BEIJING] A decade ago, China blocked access to three overseas websites two pro-democracy sites and one devoted to Maoist ideals the government had abandoned in favour of capitalism, according to Michael Robinson, an American computer engineer who helped connect China to the Internet.AP - 501 words
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Article, Illustration390 2006-02-23 26 Bloomberg [SAN FRANCISCO] Apple Computer Inc, maker of iPod music players and Macintosh computers, may add versions of its Mac Mini and ißook laptop with Intel Corp chips next week. American Technology Research analyst Shaw Wu predicted the computers and a new portableBloomberg; AP - 390 words
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219 2006-02-23 26 Bloomberg [SAN FRANCISCO] A newfound flaw in Apple Computer Inc's Safari Internet browser can be used by hackers to install malicious code on Apple's Macintosh computers. Users can infect their computers when automatically opening "safe" files from websites, Symantec Corp, the NoBloomberg - 219 words
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Article, Illustration569 2006-02-23 27 ROLAND LIM - It expects SMBs to account for half of its Asia-Pacific business this year By ROLAND LIM AS COMPANIES in the AsiaPacific region begin to recognise the importance of contact centres. Aspect Software Inc is banking that this will continue to fuel its rapid569 words
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323 2006-02-23 27 Reuters [TOKYOI Sony Corp said yesterday it was scrapping 45 adviser positions as part of its restructuring, leading to the departure of former president Kunitake Ando and other well-known names in its old guard. The changes will not immediately affectReuters - 323 words
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645 2006-02-23 27 NYT [NEW YOKK] It is the corporate version of keeping up with the Joneses: Every day, it seems, someone arrives at the office with a shiny new gadget that combines a cellphone with all sorts of features you used to find onlyNYT - 645 words
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Page 26 Advertisements
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Advertisement21 2006-02-23 26 Inviting tenders? Call 1800 289 8822 or email notiees@sph.com.sg to book your tender notice in our newspapers now. f NOTICES S21 words
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Advertisement16 2006-02-23 26 CONTACT CENTRES WANTED Aspect expects SMBS to account for half of its regional business, pg 2716 words
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Page 27 Advertisements
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Advertisement86 2006-02-23 27 time 12.30-1.30pm registration 1.30 -1.35 pm Welcome Address by Mr Chan Yeng Chief Executive Officer, Infocomm Development Authority of Singapore 1.35 2.15 pm Opening Keynote: Unlocking the Business Value of SOA M r Steve MHIs, Senior Vice President and Group Executive, Software Group, IBM Corporation 2.15 2.45 pm SOA Adoption86 words
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PROPERTY
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397 2006-02-23 28 Australian hotel owners dominate with 66% of the market SINGAPOREAN investors are second only to Australians as the biggest buyers of hotel properties Down Under. Jones Lang LaSalle's (JLL) annual Top Owner survey, released yesterday, showed that as at January this year,397 words
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182 2006-02-23 28 THE net value of active projects in the portfolios of Singapore's Top 10 architecture firms is U552.53 billion ($4.13 billion), according to new industry figures. Named as the Top 10 are ADDP Architects, Architects Team 3, CPG Consultants, DCA Architects, DP Architects, MKPL Archi-182 words
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195 2006-02-23 28 Bloomberg WAREES Investments Pte Ltd, which manages Ss2so million of property held through Islamic trusts in Singapore, said it is in talks with Islamic groups in Asia and the Middle East to develop regionalfunds. The company is a unit of Majlis Ugama IslamBloomberg - 195 words
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1684 2006-02-23 28 PROJECT NAME/ PROP CONTRACT j TENURE BUHI-fN/lAND PRICE PSf STREET NAME TYPE DATE AREA*(SQ FT? (S$'000) (S$) District 1 NON-tANDED Emerald Gdn Apt 03/02/2006 999 990 830 838 Pearls Cte Apt 30/01/2006 1 99 409 320 782 PeadsCte Apt 30/01/2006 991,684 words
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Article, Illustration911 2006-02-23 29 KEITH BRADSHER - Govt shelves project as developers refrain from bidding, citing 'too onerous' financial terms, reports KEITH BRADSHER KEITH BRADSHER AP THE Hong Kong government retreated on Tuesday from plans to build one of the world's largest cultural centres after real estate developers refused to participate,AP; BLOOMBERG - 911 words
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Article180 2006-02-23 29 Reuters [FRANKFURT] Deutsche Bank plans to reopen its troubled Grundbesitz-Invest property fund on March 3, the bank's DB Real Estate property investment arm said in a statement yesterday. Deutsche Bank blocked investors from taking their cash out of the six-billion-euro (SSI 1.6 billion) fund inReuters - 180 words
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Article, Illustration331 2006-02-23 30 KALPANA RASHIWALA - There will also be serviced residences and retail space, says CapitaLand By KALPANA RASHIWALA OFFICES and small office, home office (SoHo) units will be the main components in the new project Capita Land is building on the former Selegie Complex331 words
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394 2006-02-23 30 ALEXANDRA HO - Prime retail rents in Singapore climb 3.1 By ALEXANDRA HO PRIME retail rents rose 3.1 per cent last year across the island, underpinned by rising retail sales and increasing tourist arrivals, says property consultancy CB Richard Ellis. It*3 rosy for shop owners along Singapore's premier shopping belt the average Orchard394 words
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Article, Illustration518 2006-02-23 30 ARTHUR SIM - By ARTHUR SIM SALES of Housing and Development Board (HDB) flats are off to a good start with this year's first Walk-in-Selection (WIS) scheme, launched in mid-January, having registered bookings of 75 per cent of the 406 units made available. TheFILE PHOTO - 518 words
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420 2006-02-23 30 ALEXANDRA HO - 3 developments have combined freehold land area of 137,500 sq ft By ALEXANDRA HO CAPITALISING on the momentum for collective sales, three separate residential developments off Thomson Road are joining forces to put the properties up for en bloc sale. The properties are420 words
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Page 28 Advertisements
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Advertisement291 2006-02-23 28 Large Thomson Vicinity il pie i jln toa paych Site for 36-sty Condo m Jt Lock Cho Apts adjoining devts I i" Total land 178,000 sf, incl SL mSST» \fs| J H■ Freehold, PR 2.8,36 stys ,i! "k Close to HDB Hub, Novena Sq, MRT CHU (Toa Payoh), St Michael's,291 words
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Page 29 Advertisements
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Advertisement171 2006-02-23 29 Suffolk Apartments For Sale By Tender !BmS« redevelopment site R( CI Approximately 20,384 sq ft sr.MaMB.« Plot Ratio 2.8, up to 36/ storey /is n Short Walk to Newton /v 555 x NovenaMßT r krk JSBt!2&£\ Near good schools f/ is amenities Close to Orchard Road Please contact: Charles Hoon171 words
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Advertisement360 2006-02-23 29 PRIME RESIDENTIAL DEVELOPMENT SITE FOR SALE BY TENDER 77 261-269 Bt Timah Road, J J Casa Roslta Jtmif 'xNN&L Large site area, approximately ,V\4 A/ 267,428 sq ft Plot Ratio 1-6 /v Height control up to 12 storeys Excellent locality f lJ Walking distance to Newton MRT J J <<"360 words
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Advertisement53 2006-02-23 29 a I SINGLE OWNER Area: 1,505.25 m (16,2025f) 8 *MP 2003 Plot Ratio: 1,4 i Tenure: 999 yrs from 2/12/1878 Ideal for cluster houses or boutique apartment development Walk to Kovan MRT station amenities heartland Mall Existing 2-storey detached bungalow For more information, please contact: Steven Ming *****518/Lennon Koh *****400/53 words
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Advertisement120 2006-02-23 30 K At the centre of every market. H OfiLu Bank of the Year Bond House of the Year IFR Asia 2005 awards "Deutsche Bank can plausibly claim to be the most important PUP* tj > financial institution in the Asia Pacific. The bank is a leading presence in just about120 words
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