The Business Times, 28 February 2006

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Total Pages: 32
1 32 The Business Times
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  • Title Section
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    17 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asia 1 .com.sg MICA (P) 089/03/2005 Tuesday, February 28,2006
    17 words
  • Article, Illustration
    Lock icon MediaRing in US$105m bid for PacNet
    551 1  -  Major shareholder Vantage rejects offer, but PacNet board says it is reviewing bid By ROLAND LIM [SINGAPORE] Mainboardlisted Internet telephony company Mediaßing yesterday announced a U*****.2 million takeover bid for Nasdaq-listed Internet service provider Pacific Internet (PacNet) which was swiftly rejected by PacNet's biggest
    551 words
  • Article
    Lock icon MARKETS DIGEST
    138 1 STI 2,477.37 (+23.70) ST INDEX FUTURES 2,477.00 (+23.00) SIMSCI 293.07 (+3.09) SIMSa FUTURES 293.10 (+3.10) MARKETS Monday Change KLSE COMP 928.66 +3.75 NIKKEI 225 16.192.95 +91,04 HANG SENG 15.949.89 +93.84 SET INDEX 753.10 '+1130 JAKARTA COMP 1.235.42 +19-28 MANILA COMP 2.089.36 +19.43 SEOUL COMP 1.374.88 +9,06 SHENZHEN B
    138 words
  • Article, Illustration
    Lock icon MAS, Law Ministry review money-lending regulations
    833 1  -  Banks seek uniform rules in face of new players like GE Money By LESLIE YEE [SINGAPORE] The overall regime for money lending is being reviewed by the Ministry of Law (MinLaw) and the Monetary Authority of Singapore (MAS) a move which could please the
    833 words
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  • TOP STORIES
    • Article, Illustration
      Lock icon Major opposition parties to boycott Thai elections
      829 2 They say demand for changes to Constitution has not been met By OUft CORRESPONDENT in Bangkok THAILAND'S three main opposition parties have refused to participate in the general election called for April 2. as their demand for amendments to the Consti-' tution has
      REUTERS  -  829 words
    • Article
      Lock icon Correction
      57 2 IN yesterday's Inside Markets column, we gave the wrong figures for Hitchins Group's profit For the six months to Dec 31,2005 the group saw an 83.88 per cent rise in profit after tax from $73,495 to $135,144. Operating profit from operations was up 10.41 per cent from $206,567 to
      57 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      548 2 Biomed drags down S'pore Jan output growth to 1.3% SINGAPORE'S manufacturing output got off to a sluggish start in 2006. growing a lower-than-expected 1.3 per cent year on year in January and falling almost 9 per rent from December as biomedical output shrank But some economists say underlying
      548 words
    • Article
      Lock icon Services sector's business receipts climb 14.4% in Q4
      267 4  -  By UMA SHANKARI [SINGAPORE] Business receipts for the services sector rose 14.4 per cent year on year in the fourth quarter of 2005, according to the Department of Statistics yesterday. The rise in the quarterly business receipts index (BRI) for the services
      267 words
    • Article, Illustration
      Lock icon Biomed drags down S'pore Jan output growth to 1.3%
      606 4  -  Economists see rebound in Feb from transport electronics growth By DANIEL BUENAS [SINGAPORE] Singapore's manufacturing output got off to a sluggish start in 2006, growing a lower-than-expected 1.3 per cent year on year in January and falling almost 9 per cent
      Source: Faraonic Development Board  -  606 words
    • Article, Illustration
      Lock icon Justice Lai dies after year-long battle with cancer
      690 4  -  JUSTICE LAI KEW CHAI: 1941-2006 Widely respected and remembered by jawyers as a judge with a heart By CONRAD RAJ [SINGAPORE] Former High Court Judge Kew who retired this month after ?5 years on the bench, died yesterday at the age of
      FILE PHOTO  -  690 words
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      298 2 Wednesday, 8 March 2006 FRS 39 Practical Tax and RafflMCltyComtnUiMi Cnbi Accounting Implications j 2 Stamford Road Camima* Singapore *****2 *****1118 r Level 4» Canning Room Registration begins Seminar $240 (Others) Fees be given if or more persons the same organisation register for the seminar Light refreshments provided. On 30
      298 words
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      405 2 .<e~- aewyt .<*r **> r Swaps Work! r? Usage of swaps in different financial markets Dates Swaps are Extensively used in different financial markets money aid capital 28 &29 March 2006 markets, foreign exchange, equity, commodity and of recent times, in 9.00 am to s.oopra managing credit risk as well
      405 words
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      246 3 $888 TO RUSSIA'S COLOURFUL CAPITAL. From 1 March, Singapore Airlines flies direct A to Moscow 3 times weekly. Discover its rich history and cultural heritage. From the world's grandest underground metro stations to SinGAPORE £1- L AIRLinES stunning art performances, you will be enchanted by this fascinating city. En route,
      246 words
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      221 4 {jPpr* V. V ■-v A Collaboration between: vfflu {sinus I BjßAi/CftM&sui imuk City Convention Centre' Guest of Honour: Mr Chan Yeng Kit, Chief Executive Officer, IDA Keynote: Mr Boon Swan Foo, Managing Director, A*STAR Whether you are in the business of supply chain management logistics management, asset tracking, port management,
      221 words
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      26 4 GOOD CORPORATE GOVERNANCE Create greater transparency for your company by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. WATS NOTICES
      26 words
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  • COMPANY NEWS
    • Article
      Lock icon ASCT seeks full control of Green World
      520 5  -  Intention to offer 1.3 Advance shares or $0.39 cash for each GW share By WONG WEI KONG ADVANCE SCT (ASCT) is making a cash or share offer for all the remaining shares in Green World Holdings (GW) in a proposed transaction that will
      520 words
    • Article
      Lock icon OCBC joins local banks in raising mortgage rates
      266 5  -  By LESLIE YEE OCBC Bank has joined the other two local banks in raising its home loan rates, increasing them by an average of 50 basis points. Gregory Chan, the bank's head consumer secured lending, said: "In view of the rising cost
      266 words
    • Article
      Lock icon MediaRing-PacNet union of benefit
      652 5  -  HOCK LOCK SIEW By ANGELA TAN Home-grown MediaRing Ltd yesterday shocked the market with its unsolicited takeover of Nasdaqlisted Pacific Internet, in a move aimed at bolstering its telephony services. Under the apparently hostile takeover, Mediaßing which already owns 4.86 per cent of PacNet will offer
      652 words
    • Article, Illustration
      Lock icon MAS issues risk management guide
      399 6  -  Guidelines for other industries such as insurance, capital markets to follow By LESLIE YEE THE Monetary Authority of Singapore (MAS) yesterday issued guidelines on sound risk management practices for financial institutions, a .move welcomed by the tanking community. The guidelines, which ]are available on MAS'
      YEN ME NO JIIN  -  399 words
    • Article
      Lock icon Beauty China posts 10% rise in Q4 earnings
      560 6  -  By TEH HOOI LING COLOUR cosmetics and skincare products marketer Beauty China yesterday reported a 10 per cent rise in its fourth quarter earnings to HK532.4 million, while raking a 32 per cent rise in sales to HKSI 11.6 million. Its full-year
      560 words
    • Article
      Lock icon China Milk offers IPO shares at 62 cents each
      357 6  -  By OH BOON PING CHINA Milk is set to make its bull run here even as it launched an offer to float its shares on the Singapore Exchange main board. The company, which produces pedigree bull semen, pedigree cow embryos and
      357 words
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      82 words
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      663 5 Our Japan funds performed well even a gloomy climate. Just think how they'll do now that things are looking brighter. ,«V' 'V' •*v .>•.: 'V-V'- A' r .f. '*t |>? J > ~r^ Japan's economy is on the rise. Discover how our Japan Growth Fund and Horizon Japanese Equity Fund
      663 words
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      44 6 !%Ji 8 s IP Sffl W Ik «f Jfc I Ik. hHi Is Hk w. w I bßbll Ik Mr- fl BrVk K fl BfaL B BP fl B®ik I M Miffl-; ■|£§|i f 1 I K^ fl ,M www.hitachijpl.com I HeoSI f is*!'
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      54 6 Hi-Tech Space KA Centre and KA Place Prime 7-storey light industrial buildings Floor area 1,304 to 16,267 sq ft Suitable for 'office-like' businesses Located off MacPherson Road Feeder Bus to Aljunied MRT Air-con, false ceiling and lights Air-con food court and cafe Attractive rates Tien Chee 8100 0129 I Brenda
      54 words
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      5236 7 PRE-CONDITIONAL VOLUNTARY OFFER By QoCßCßank OVERSEA-CHINESE BANKING CORPORATION LIMITED (Company Registration No. *****0032W) (Incorporated in the Republic of Singapore) for and on behalf of rl advo6e ADVANCE SCT LIMITED (Company Registration No. *****4283 C) (Incorporated in the Republic of Singapore) GREEN WORLD HOLDINGS LIMITED (Company Registration No. *****3944K) (Incorporated in
      5,236 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Blue chips ride the earnings wave
      493 8  -  STOCKS STI gains 23.7 points to 2,477, just 4.3 per cent shy of its Jan 3, 2000, high TEH HOOI LING Senior Correspondent Money is flowing again into blue chips, sending the Straits Times Index yesterday to its biggest one-day gain since exactly a
      Source: Bloomberg  -  493 words
    • Article, Illustration
      Lock icon TRADES TO WATCH
      920 8  -  -By AMIT ROY CHOUDHURY Substantial shareholder pares stake in Inter-Roller SUBSTANTIAL shareholder Winmark Investments has pared its direct stake in Inter-Roller Engineering from 1.25 per cent to 1.19 per cent or 1.94 million shares following the sale of 100,000 shares in the open market at an average
      920 words
    • Article, Illustration
      Lock icon BROKERS'TAKE
      895 8  -  Compiled by UMA SHANKARI Singapore Land Feb 27 dose: $6.15 KIM ENG RESEARCH, Feb 27 J, FYOS net profit of $89.4 million was within market expectations. The 2 per cent year-on-year growth was due to an exceptional gain of $7 million from the sale of Atrium Court, $7.1 million
      Source: Bloomberg  -  895 words
    • Article, Illustration
      Lock icon Yen hits one-month high against US$
      457 8 CURRENCIES AFP [TOKYO] The yen hit a fresh onemonth high against the US dollar in Asian trade yesterday as traders bet Japan will soon end its super-loose monetary policy and eventually hike interest rates, dealers said. The US dollar dropped to as low as
      AFP; AFP Fllf PHOTO  -  457 words
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  • COMPANY NEWS
    • Article
      Lock icon UOB attractive, OCBC glamour buy: Citigroup
      452 9  -  'Contrarian' rating for DBS as it's undervalued and low in momentum By OH BOON PING AMONG the local banks, UOB is an attractive stock, OCBC a "glamour" buy but DBS is a contrarian, according to Citigroup global quantitative research. In a Citigroup report issued
      452 words
    • Article, Illustration
      Lock icon Parkway eyeing more takeovers in India, China
      438 9 Bloomberg PARKWAY Holdings Ltd. Asia's second-biggest publicly traded hospital operator, is planning more acquisitions in India and China to expand in the region, chairman Richard Seow said. Parkway is betting on overseas takeovers to boost its clout with patients seeking special treatment in
      Bloomberg  -  438 words
    • Article, Illustration
      Lock icon CWT shares soar on higher earnings
      472 9  -  By WONG WEI KONG SHARES of CWT Distribution, one of Singapore's largest integrated logistics groups, hit a new year high yesterday as the group said it more than doubled its earnings in 2005, and announced a one-for-one bonus issue to mark its highest profit
      FILE PHOTO  -  472 words
    • Article, Illustration
      Lock icon CAO debacle won't be repeated, SIAS told
      431 10  -  CAO will still be main importer of aviation oil, say officials in China By WONG WEI KONG THE head of Singapore's investors' watchdog group has returned from Betying with assurances that the China Aviation Oil (CAO) debacle will not repeat itself again. David
      431 words
    • Article
      Lock icon Noble picks former Louis Dreyfus exec as COO
      146 10 Bloomberg IMELBOURNEI Noble Group Ltd. a Hong Kong-based commodities supplier suing an employee for making unauthorised trades, appointed former Louis DreyfUs Corp executive Ricardo Leiman as its chief operating officer. Mr Leiman. 39. was chief operating officer of Louis Dreyfus' agriculture unit
      Bloomberg  -  146 words
    • Article
      Lock icon JTIC Q4 earnings up 23%
      220 10  -  Reports by MICHELLE QUAH JURONG Technologies Industrial Corp (JTIC) turned in a better performance for the December quarter and full year thanks to good growth in the wireless communications and hard disk drive sectors. The group also proposed a one-for-ten bonus share issue. JTIC saw
      220 words
    • Article
      Lock icon HLF's full-year profit drops 8.8%
      279 10 Finance firm posts earnings of $79.1m HONG LEONG Finance (HLF) saw its net profit for 2005 drop 8.8 per cent to $79.1 million, from $86.7 million in 2004. "With an upward trend of interest rates prevailing during the year, increases in lending rates charged to
      279 words
    • COMPANY BRIEFS
      • Article
        Lock icon Profit warning from C2O Holdings
        48 10 C2O Holdings has warned that its profit for the full year ending Feb 28,2006, (FY2006) is expected to be lower than that of FY2005. It cited lower margins from the distribution of mobile enhancement products and personal communication products and higher administrative expenses.
        48 words
      • Article
        Lock icon ST Elec unit wins $13m Comfort project
        48 10 SINGAPORE Technologies Electronics, through subsidiary ST Electronics (Info-Comm Systems), has won a $13.6 million contract from Comfort Transportation Pte Ltd (Comfort), a member of the ComfortDelGro Group. The contract relates to a new GPRS-based (general packet radio service-based) taxi telematics system.
        48 words
      • Article
        Lock icon Appeal in Dutch court in Biosensors case
        105 10 BIOSENSORS International Group said that Angiotech Pharmaceuticals Inc and Boston Scientific Corporation (BSX) have filed an appeal against the decision issued by a Netherlands court, which denied the request for a preliminary injunction against Biosensors for alleged infringement of a patent by its
        105 words
      • Article
        Lock icon Midas reports rise in earningcto $18m
        46 10 MIDAS Holdings, which designs, makes and installs polyethylene pipes and aluminium alloy extrusion products, said net profit for 2005 was at $18.32 million, up from $15.30 million a year ago. Turnover was at $70.47 million compared with 2004's $60.21 million.
        46 words
      • Article
        Lock icon Orchard Parade loss widens to $2.7m
        46 10 HIT by higher finance costs and a $13.64 million impairment provision by its subsidiary Yeo Hiap Seng, Orchard Parade Holdings' net loss widened from $14,000 in 2004 to $2.72 million for 2005. Turnover rose 13.8 per cent to $59.2 million.
        46 words
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      157 9 When it comes to investing, you can never be certain whether you'll achieve positive results. ÜBS Absolute Return seeks to preserve capital and provide stable positive returns. In other words, no matter what the market is doing, ÜBS Absolute Return aims to provide stable performance for your investment. It's a
      157 words
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      284 10 S—Win \R even before you sfep into the offiob. ReodJthe Iciest Randal news, lyses in the comfort of your home. Invest in a 12month subscription of les at $225.25* (usual $265) and reap tin rewards immedutely. The first 500 subscribes r "j— 1 1 ■v* ocupundure, ?,•s<»• An ISO 9001
      284 words
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      Lock icon Page 10 Advertisements Column 2
      19 10 Lianhe Zaobao Hj Mj, pTjJ il I frntke I I group's I Imvestmeitl I strategy I |»*«Ji*siwr I |Bnaiga§
      19 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon MP questions govt hand in GLCs
      733 12  -  YESTERDAY IN PARLIAMENT Inderjit Singh cites involvement of MM Lee in Singapore Airlines By CMUANG PECK MING IT appears the government is having a hard time keeping its hands off govern-ment-linked companies, according to Member of Parliament Inderjit Singh. In making this point yesterday
      733 words
    • Article
      Lock icon Panama-S'pore FTA inked tomorrow
      123 12 THE Second Vice-President of the Republic of Panama. Ruben Arosemena Vaides, begins his official visit to Singapore from today to Thursday with a business delegation. He will witness the signing of the Panama-Singa-pore Free Trade Agreement tomorrow. Minister of State for Trade and Industry and for
      123 words
    • SINGAPORE ROUNDUP
      • Article
        Lock icon Second Judge of Appeal appointed
        66 12 WITH effect from today. Justice Andrew Phang has been appointed the second Judge of Appeal by the President. Justice Phang. who was made chair of the Department of l.aw of the Singapore Management University in 2001. Joined the Supreme Court Bench on Jan 3 last
        66 words
      • Article
        Lock icon LKY fellow visits Singapore
        102 12 THE 26th Fellow from the Kuan Yew Exchange Fellowship programme. Dr Ir Kuntoro Mangkusubroto. director of the Rehabilitation and Reconstruction Executing Agency for Aceh and Nias, is on a visit to Singapore from yesterday to March 3. According to the Ministry of Foreign Affairs, he will
        102 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      4550 12 UNIT TRUSTS FUNDS MM Imm tmm Hp (Tparal SwEimpeEtftr'" OSC0I sahiwM tin SarbnpeM 11« sat«M»T*>t«f 1.17* Swam had 1JW Sw/mt+m* 1JW S*>ikWT«MhtM" aim M«»W IK* SattoahnfUSOl 0605/ GhkUtStUSD 1-1» AaalondMA «7« <«MUI S3* MaTqteU* 70JO Boa* MA 24.97* OnfanH* 106* CoraMMrOtMA «W CoraawSosMA *7* CJKKJWMHI* 121 J* Saab* EflkMAEl* *4.74/
      4,550 words
    • Article, Illustration
      Lock icon Amkor to invest US$120m more in S'pore subsidiary
      487 13  -  Large part of this outlay will be used to establish wafer bumping operation By WINSTON CHAI NASDAQ-LISTED Amkor Technology, one of the world's largest providers of contract semiconductor assembly and test services, will be investing an additional US$l2O million in its Singapore
      DESMONO UM/ST  -  487 words
    • Article
      Lock icon PetroChina to take up sizeable portion of terminal's tankage
      497 13  -  By RONNIE LIM CHINESE oil giant PetroChina which has confirmed it is investing US$l6O million for a 35 per cent stake in a new Ss7so million storage terminal here will account for a significant portion of the mega project's tankage, officials
      497 words
    • Article, Illustration
      Lock icon Job market looking rosy for grads
      401 13  -  By GRACE CHONG EMPLOYMENT prospects are improving for new graduates of the National University of Singapore (NUS), according to the latest jobs statistics from the university's graduate employment survey released yesterday. According to the survey for 2005, the number of NUS graduates who found
      401 words
    • Article
      Lock icon Biotech firms told to pursue investors with passion
      297 13  -  By CHEN HUIFEN THE biggest pitfall for biotech companies when making their pitches to potential investors is a lack of passion, according to a venture capitalist. "One thing I (sometimes) see is, they don't believe in their own business, their own stories,
      297 words
    • Article, Illustration
      Lock icon STB awards to focus on innovation, creativity
      416 13  -  Five new categories make debut at this year's awards By ALEXANDRA HO AFTER 19 years of giving out awards to people and organisations that have made a difference in the tourism sector, the Singapore Tourism Board (STB) is fine-tuning its focus. This year's
      416 words
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      105 13 Any deposit wil be subject to the Bank's standard fcrms and Conditions tar deposit products A copy erf whKti wil be prowded pnor to appkation foreign oxrency depose may be subject to foreigr exchange fluctuations vtfucti may affect return n NfltlOnfll A«—IkbIMI KflMif bca ci*i*ncy terms Eichange coot** also be
      105 words
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  • SME spotlight
    • Article, Illustration
      Lock icon Perseverance pays off for poly pals
      1118 14  -  NANDE KHIN reveals the saga of two classmates who hoped against hopes to make their education software business a success story NANDE KHIN STRUGGLING for three years, homegrown education software provider Heuristix Lab (HeuLab) is finally reversing its fortunes. It will be seeing its
      1,118 words
    • Article
      Lock icon Portfolio rebounds
      301 15  -  By TEH HOOI LING OUR small cap portfolio rebounded strongly in the five trading sessions to yesterday. It gained 3.7 per cent, ahead of the UOB Sesdaq's 1.4 per cent advance and the Straits Times Index's 1.9 per cent climb. There were 13 gainers versus four losers in
      301 words
    • Article, Illustration
      Lock icon Achieva bets on new products
      844 15  -  Cost cutting and proprietary brand Astone played key role in its turnaround, reports NANDE KHIN NANDE KHIN Electronics components and consumer electronics distributor Achieva is looking forward to better times this year and for good reason it seems. Its CEO, Henry Lim, believes that the
      844 words
    • Article, Illustration
      Lock icon Striving to do the best; willing to take risks
      790 16 Following last week's profile of the finalists for the Lifestyle, Hospitality and Retail category of the Ernst Young Entrepreneur of the Year Awards 2005, this week we present the finalists for the Business and Industrial Entrepreneur category. Ten people from eight
      YEN MENG JIIN; ARTHUR LEE  -  790 words
    • Article
      Lock icon Competition law aims to ensure lower prices and greater choices
      961 16  -  By ANDREW ONG, CAVINDER BULL, LIM CHONG KIN ON Jan 1 this year Singa- I pore Joined over 100 countries by introducing competition laws. S6 what is competition law. and how will it impact markets in Singapore? Competition law aims
      961 words
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      302 14 Diners Club Card r O app/ M cJ764i6 0980 A WnrtA n( Pjectumhie Privilege* Treats Diners Club i |iM (|V|l _1 Jftfl fT§ f m\ IftmlHHsS I^^JK^SSB!SS I Off for Sushi Sashimi i ——I Terms Conditions Apply Sushi Don Pte Ltd 109 North Bridge Road *81-01 A Funan Digitalife Mall,
      302 words
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      906 15 ECON INTERNATIONAL LIMITED I (Incorporated in the Republic of Singapore) 9 I (Company Registration No. *****0983H) 9 I NOTICE OF EXTRAORDINARY GENERAL MEETING I I NOTICE HEREBY GIVEN THAT an EXTRAORDINARY GENERAL MEETING of tfw Company w* be held at Afcaff I Room, Levei 35. UOB Plaza 1,80 Raffles Place,
      906 words
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      243 15 '< I if ,k( Ik H".-' fln S|H mm m Mf VI Tm JH Mmt m B f\ ■L 1 Ml JLj *Mi -:i Br» SW9 1/ VBp fIRV Hfl. XjHP J| it' 4 w* HBK 'i|S®F{;vi.wHßY 1 v tfuflVP ••■BK —MP I FOR LESS I UPGRADE I enter our
      243 words
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      1052 16 >AT c0 NOTICES 'FRASER AND NEAVE. LIMITED Company Regies e»nn No. *****0001R (InoorporeM m Singapore) LOST SHARE CERTIFICATE Notice la hereby given that one share certificate numbered *****0 covering 74 ordinary shares in the name of Chiu Joo Fung has bean reported lost Notice hereby given that new share certificate
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      153 16 IN THE MATTER Of TMf COMPANIES ACT, CAP. SO AND IN TMf MATTM Of CHPtO PTE. LTD. {Cm.Hm9.H0.**********) (IN MiMMRS' VOLUNTARY UQUIOATION) MBDttfltimUtt NOTICE IS HEtEBY GIVEN that the unal MFFTINQ ottto Company ond creditors oI theuiiu enu—d cowpowy will be held at 152 &ooch Rood •24-03 Gateway East Singapore
      153 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon India govt may spend more on infrastructure
      1236 17 Increased spencing on roads, ports, electricity to accelerate growth Bloomberg [MUMBAI] India's goxfernment may say it plans to increase spending on roads, ports and electricity to improve infrastructure accelerate economic growth. Total government spending for the yeat beginning April 1 coull increase 11
      Bloomberg; BLOOMBERG  -  1,236 words
    • Article, Illustration
      Lock icon Economic challenges loom for Manila
      719 17 Reuters [MANILA] the Philippine finance secietary said yesterday that plans to improve the country's finances wo|ld be more difficult after President Gloria Macapagal invoked emergency rifle to contain a coup plot. Ms Arroyp, who survived an impeachment attempt last yea} over allegations of election cheating
      Reuters; REUTERS  -  719 words
    • Article
      Lock icon Thai ministry sees 2006 GDP growth bouncing back
      423 17 Reuters [BANGKOK] Thailand's Finance Ministry said yesterday it expected 4.5 to 5.5 per cent economic growth this year, in line with market expectations of better growth in 2006 after a nat-ural-disaster plagued 2005. The ministry also saw export growth of 9.5 to
      Reuters  -  423 words
    • Article
      Lock icon China's first-quarter GDP forecast at 9.6%
      185 17 AFP [SHANGHAI] Growth in China's booming economy is expected to power ahead in the first quarter, with gross domestic product (GDP) rising 9.6 per cent from a year ago, a government linked-think tank said yesterday. "China's economy entered a period of stable growth and
      AFP  -  185 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon MAS takes drastic action, slashes budget
      735 18  -  It also wants responsibility of domestic sector operations By PAULINE NG in Kuala Lumpur MALAYSIA Airlines (MAS) is proposing to slash its budget by 20 per cent, trim unprofitable routes, while increasing the number of domestic flights by 10 per cent, in a move
      REUTERS  -  735 words
    • Article
      Lock icon MISC's Q3 profits fall 24% to RM775.7m on weaker rates
      322 18 Reuters [KUALA LUMPUR] MISC Bhd, the world's largest carrier of liquefied natural gas (LNG), reported a 24 per cent drop in quarterly profits yesterday due to weaker shipping rates. MISC, 62 per cent-owned by state oil and gas firm Petronas,
      Reuters  -  322 words
    • Article
      Lock icon BURSA MALAYSIA
      2407 18 VOL F«t 27 MM *1- i('OOO) ASM Realty 1.39 unch 5 Abric .031 -0.01 7 ACP Industries 0.77 0.08 474 Advance Synergy .....020 0.02 5363 Adventa .0.27 -0.02 330 AE Mutti .0.37 0.01 111 AffmHkJgi 1.62 unch 451 Ahmad Zaki Res 1.61 0.14 265 AlCCorp 1.02 -0.02 8
      2,407 words
    • Article
      Lock icon Deadline to resolve Cepu spat set for today
      301 18 Reuters [JAKARTA] Indonesia has set today as the deadline for state oil and gas company PT Pertamina to resolve its dispute with Exxon Mobil Corp on the operatorship of the oil-rich Cepu block, the, state enterprises minister said yesterday.. The government's inability
      Reuters  -  301 words
    • Article
      Lock icon Proton posts first profit in three quarters
      350 18 [KUALA LUMPUR] Malay-' sia's national auto company Proton yesterday reported its first profit in three quarters, thanks mostly to higher car sales, and set its sights on the Chinese and Indian markets. For the fiscal third quarter ended Dec 31, 2005, Proton Holdings
      350 words
    • BRIEFLY ASIA
      • Article
        Lock icon M'sia gives RM912m sewerage contracts
        66 18 AP [KUALA LUMPURI The Malaysian government yesterday said it has awarded contracts worth a total of RM9I2 million (Ss39B million) to two Japanese joint ventures to build sewerage treatment facilities for about 730,000 people. The projects involve the construction of sewerage treatment plants and related
        AP  -  66 words
      • Article
        Lock icon Big job losses in India's poultry trade
        88 18 AP [LUCKNOW] Thousands of workers in India's poultry industry have lost their jobs amid plunging demand for chicken and eggs after the country reported its first case of bird flu last week, an official said. The deadly HSNI bird flu strain was detected
        AP  -  88 words
      • Article
        Lock icon CNOOC to finalise price for Indon LNG
        72 18 Bloomberg [JAKARTA] CNOOC Ltd, China's No 3 oil company, may complete talks next month to pay Indonesia more that earlier agreed for liquefied natural gas from BP pic's Tangguh project, an Indonesian government official said. "We expect to finish negotiations on the ceiling
        Bloomberg  -  72 words
      • Article
        Lock icon China sets up borrowers' database
        84 18 Bloomberg [SHANGHAI] China's central bank said it set up the world's largest database to rate the creditworthiness of individual borrowers in an effort to avoid a new batch of soured loans. Commercial lenders and some rural credit unions have begun to use the system, which
        Bloomberg  -  84 words
      • Article
        Lock icon Bank offers stock to convert state shares
        64 18 Bloomberg [SHANGHAI] Shanghai Pudong Development Bank, a Chinese lender 4.6 per cent owned by Citigroup, said it will offer free stock to minority shareholders for the right to trade all shares publicly. The lender plans to give three shares for every 10 held
        Bloomberg  -  64 words
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  • INDIA
    • Article, Illustration
      Lock icon Opposition to Arcelor takeover softening
      569 19 CFO Aditya Mittal says deal will close by end June after getting approval Bloomberg. AFP [CHICAGO] Opposition to the disputed proposal to combine the world's two largest steel manufacturers is softening, the president of Mittal Steel Co maintained late Sunday in defending his firm's hostile
      Bloomberg.; AFP  -  569 words
    • Article
      Lock icon Infosys may build new centre in Hyderabad
      487 19 Bloomberg [BANGALORE] Infosys Technologies Ltd, India's second-biggest software r maker, said it may build the r company's biggest centre in i the southern Indian city of Hyderabad as government delays cost its hometown •> Bangalore 14,000 jobs. f) The company is in talks
      Bloomberg  -  487 words
    • Article
      Lock icon US visa delays for Indian scientists stir diplomatic row
      502 19 Embassy says their applications were not rejected NYT [NEW DELHI] Just days before the arrival here of US President George W Bush, complaints from three Indian scientists about visa applications for the US have stirred a diplomatic tempest. All three said
      NYT  -  502 words
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      1428 19 I cur I CWT DISTRIBUTION LIMITED I (Company Registration No.: *****0498 M) I I The Directors of CWT Distribution Limited wish to make the following announcements: I I ANNOUNCEMENT UNAUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 2005 I GROUP Year ended 31 December I I 2005 2004 I I
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  • GREATER CHINA
    • Article
      Lock icon China Merchants Bank eyes US$2b HK listing
      576 20 Merrill Lynch, UBS among likely candidates to arrange share sale Reuters [HONG KONG/SHANGHAI] China Merchants Bank, the country's largest domestically listed lender, plans a Hong Kong listing worth as much as US$2 billion this year, sources close to the matter said yesterday. The
      Reuters  -  576 words
    • Article, Illustration
      Lock icon AHEAD WITH PELE
      50 20 [SHANGHAI] Brazilian soccer legend Pele posing with a young girl here yesterday during a promotional event for tickets to the2oo6 World Cup in Germany. Pele, who scored 1.283 goals in 1,364 games, is Mastercard's official FIFA World Cup spokesman, a position he has held since 1991. AFP
      AFP  -  50 words
    • Article
      Lock icon China Rare Earth may bring in GE as strategic investor
      326 20 [HONG KONG] China Rare Earth Holdings, the nation's biggest processor of elements used in magnets and mobile phone batteries, may bring in General Electric (GE), one of the world's largest conglomerates, as a strategic investor, The Standard reported a senior
      326 words
    • Article
      Lock icon Macau's Banco Delta Asia said to be seeking buyer
      535 20 But analysts expect any overseas interest to be weak [HONG KONG] Banco Delta Asia taken over by the Maqau government after a money-laundering scandal last year is seeking a buyer, becoming the latest lender to put itself on the block as
      535 words
    • Article, Illustration
      Lock icon China still faces bad-loan challenge: regulator
      540 20 Reuters [BEIJING] Chinese banks still face an enormous challenge to reduce non-per-forming loans despite progress in cleaning up their balance sheets, the chief banking regulator said yesterday. Liu Mingkang. chairman of the China Banking Regulatory Commission (CBRC), said the country's banks needed to do
      Reuters; AFP  -  540 words
    • Article
      Lock icon Sinopec denies BP talks on US$14b stake, venture
      289 20 OIL TALKS Bloomberg [LONDON] China Petroleum Chemical Corp, Asia's biggest oil refiner, denied BP Pic is holding talks to acquire a 25 per cent stake worth US$l4 billion in a joint venture to be formed with the Chinese company. "We don't have
      Bloomberg  -  289 words
    • Article
      Lock icon CNPC denies Canadian talks
      246 20 Bloomberg [BEIJING] China National Petroleum Corp (CNPC), the country's biggest oil producer, has denied that it is in talks to buy Husky Energy Inc and Canadian Natural Resources Ltd for as much as US$3O billion to tap heavy crude from oil sands. "I've not heard of
      Bloomberg  -  246 words
    • Article
      Lock icon China may set up bourse for start-ups
      157 20 Reuters (BEIJING] China's State Council, or Cabinet, is considering setting up a stock exchange for high-tech start-ups as part of a wide-ranging plan to spur scientific and technological innovation, according to state media. Shenzhen stock market officials proposed such a bourse, loosely modelled
      Reuters  -  157 words
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon Shin Corp sale followed law, Thaksin says in open letter
      972 21 Says his family did no wrong and his opponents are twisting the truth By OUR CORRESPONDENT in Bangkok THAI Prime Minister Thaksin Shinawatra has again said that his family followed. the law at every step of the sale of its
      AP  -  972 words
    • Article
      Lock icon Survey finds most Asian countries less corrupt than a year ago
      270 21 Reuters {HONG Corruption in most countries is not as baa as a year ago, with the notable exception of Thailand, a survey showed yesterday. Singapore was ranked the least corrupt place to do business in Asia, as it was
      Reuters  -  270 words
    • Article, Illustration
      Lock icon KT&G rejects US$10b bid by US investors
      650 21 Bloomberg [SEOUL] KT&G Corp rejected a bid from US investors Carl Icahn and Warren Lichtenstein that valued the tobacco maker at US$lO billion, raising the prospect of the nation's biggest hostile takeover battle. The board decided the offer wasn't "in the best interests
      Bloomberg; AF  -  650 words
    • Article
      Lock icon Map to common global reporting rules laid out
      521 21 Reuters (BRUSSELS) Two major organisations that set accounting rules published a detailed roadmap yesterday towards fashioning a common set of global reporting rules that would make it easier and cheaper for companies and investors to operate. The International Accounting Standards Board, which
      Reuters  -  521 words
    • Article
      Lock icon Telstra chief meets with MPs to quell fears
      193 21 Reuters [CANBERRA] The head of Telstra Corp Ltd met with government MPs yesterday in a bid to allay growing fears that the country's biggest phone company will abandon rural and regional Australia. Telstra chief executive Sol Trujillo told politicians that the phone
      Reuters  -  193 words
    • WORLD WATCH
      • Article
        Lock icon PLOT posts record profit of 34b pesos in 2005
        84 21 AFP [MANILA] Philippine Long Distance Telephone (PLDT), the country's largest telecommunications firm, reported yesterday that 2005 net profits rose to a record 34 billion pesos (Ssl .1 billion), up 22 per cent from 2004. The earnings, ahead of analysts' forecasts, benefitted
        AFP  -  84 words
      • Article
        Lock icon NAB discloses A$10.3b in errors in annual report
        108 21 Reuters [SYDNEY] National Australia Bank Ltd (NAB), halfway through a restructuring after a trading scandal and profit warnings in 20Q4, disclosed yesterday it had A 510.3 billion (5512.3 billion) in errors in its 2005 annual report. The mistakes were "classification errors" and
        Reuters  -  108 words
      • Article
        Lock icon Charoen Pokphand reports 82% rise in Q4 profit
        85 21 Bloomberg [BANGKOK] Charoen Pokphand Foods pel, Thailand's biggest publicly traded meat producer, had an 82 per cent rise in fourth-quarter profit on higher sales of chicken, pork and other meat Profit rose to 692.5 million baht (5528.6 million) from 379.5 million baht
        Bloomberg  -  85 words
      • Article
        Lock icon Vodafone cuts forecast to take £28b charge
        100 21 Bloomberg [LONDON] Vodafone Group pic, the world's largest mobile-phone company by revenue, cut its growth forecast and said it will write as much as £28 billion (5579.1 billion) off the value of its overseas assets, mainly from the German unit. A "goodwill impairment"
        Bloomberg  -  100 words
      • Article
        Lock icon Sony sells five non-core units for 55b yen: source
        113 21 Reuters [TOKYO] Sony Corp will sell control of five non-core businesses to a unit of Nikko Cordial Group Corp for 55 billion yen (*****.8 million), a source familiar with the matter said yesterday. Sony said in a statement it would set
        Reuters  -  113 words
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  • AVIATION
    • Article, Illustration
      Lock icon Internal strife adds to JAL's woes, but may aid rival ANA
      608 22 ANALYSIS It needs to focus on restructuring and cost-cutting to stay competitive Reuters [TOKYO] Infighting among Japan Airlines Corp's (JAL) senior managers has added to the challenges facing Asia's leading carrier just when it needs to focus on restructuring
      Reuters; AP  -  608 words
    • Article
      Lock icon Tiger Air won't confirm buying Adam Air stake
      170 22 AFP [SINGAPORE] Singapore budget carrier Tiger Airways said yesterday that it was in discussions with several parties but declined to confirm a newspaper report that it may buy a stake in Indonesian low-fare airline Adam Air. "Tiger Airways confirms that we are
      AFP  -  170 words
    • Article
      Lock icon KL assures new budget terminal is safe
      219 22 AFP [KUALA LUMPUR] Malaysia's new low-cost aviation hub at Kuala Lumpur's international airport is safe for aircraft movement and will open as scheduled next month, a senior minister said on Sunday. "We never compromise on the issue of safety. We will begin operations
      AFP  -  219 words
    • Article
      Lock icon Extension for Clarke-Macau flights
      227 22 [SINGAPORE] Philippine regulators have given Sin-gapore-based Tiger Airways an extension for another 60 days to operate its Clarke(Manila)-Macau flights. Its current temporary permit ran out yesterday. 'This means we can continue operating the service for the next two months," said a spokesman for the budget carrier.
      227 words
    • Article
      Lock icon Macquarie Bank keeps mum on BAA bid report
      332 22 Bank joining Ferrovial in hostile takeover: paper Reuters [SYDNEY] Australia's Macquarie Bank Ltd yesterday declined to comment on a newspaper report that it was poised to team up with Spain's Grupo Ferrovial SA to launch a takeover bid for British airports operator
      Reuters  -  332 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      523 22 an nmm w* wn «i» m!» <|| n jaw ie ir- mTWiai jst; m «g| Hi. n jirif gs®- ®lw l oas £&l 8!8 If 'ill 40HJ AIM im'Mmm' t*#7 124S tWtt 0650 DJvAT TR75T 0910 D*vao mm 1410 MIStt 0905 m$ aiB DcnpasarBal 1] 5
      523 words
  • Page 22 Advertisements
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      127 22 psaft.f*mmSMßWthliiaJHilliiJli >I j BT/ZUJI Deals of the Week BUSINESS (from I ECONOMY (from HOTEL (from S) Luxembourg $3,500 $I v o9B $178 (KLM) f (British Airways) v 1 ....w.3... DESTINATIONS BUSNBS PASS from HSBS#BW# Jakarta $490 (Garuda) $125 Garuda) $57 Shown Shanghai $920 (Garuda) $430 (Malaysia Airlines) $127 Showers Hong
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  • Page 22 Miscellaneous
    • Miscellaneous
      Lock icon Page 22 Miscellaneous Column 1
      188 22 CRYPTIC CROSSWORD 3 Leave function after word of xuir rAlimftU warning (6) 4s in tally sheet (9) YESTERDAY S SOLUTION 4 Minute disc (6) 16 One's view is clouded when Across: 1 Candy floss, 9 Here. 10 STo be perfectly fair and hon- this incendiary device goes off Bloomsbury, 11
      188 words
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  • SHIPPING
    • Article
      Lock icon Viswalab calls for price-quality connection for bunker fuel
      464 23  -  By DONALD URQUHART [SINGAPORE] The newest entrant to the local bunker fuel testing market, Viswalab Singapore Pte Ltd, officially opens tomorrow and has called for greater importance to be placed on the connection between bunker quality and price. Noting the common in-dustry-wide
      464 words
    • Article
      Lock icon Respite for Bush as DP World agrees to review
      310 23 Bloomberg [WASHINGTON] US President George W Bush averted a showdown with Congress, at least for now, after Dubai Ports World agreed to submit its acquisition of six US port facilities to a 45day government review. Senate Majority Leader Bill Frist said
      Bloomberg  -  310 words
    • Article, Illustration
      Lock icon US ports issue: The ship's already sailed
      1280 23 Stevedoring business shifted to foreigners decades ago as US firms shunned it NYT [HOUSTON] In the "outcry over who should run America's seaport terminals, one clear trend appears to have been overlooked: American companies began withdrawing decades ago from the unglamorous business of
      NYT; BLOOMBERG  -  1,280 words
  • Page 23 Advertisements
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      Lock icon Page 23 Advertisements Column 1
      545 23 A true blue international event for maritime and shipping Industry professionals. j Come and experience refreshing ways of doing business Jf in a new dimension! Who's Who in the Maritime World Be awed by 9 National Pavilions, 480 exhibiting companies from 44 countries, *Wii j -C 300 hosted buyers from
      545 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Dubai Ports World deal must go through
      528 24 EDITORIAL SHOULD the Bush Administration allow a company owned by the government of Dubai to purchase a British company, Peninsular Oriental Steam Navigation, that now has the contract to operate six major US ports? Many Americans think that permitting Dubai Ports World to
      528 words
    • Article, Illustration
      Lock icon China's newspapers facing Internet threat
      1403 24  -  Advertising revenue for Chinese papers has dropped while online advertising has increased By BOB ZOU BING THE Chinese population's spending power is escalating each year but some media advertisers seem to have grown more unwilling to spend. According to the State Administration for Industry and
      REUTERS  -  1,403 words
    • Article, Illustration
      Lock icon Today's calm comes before tomorrow's storm
      703 24  -  THE BOTTOM LINE PAUL SAMUELSON Tribune Media Services IN the many decades when Holland and Belgium were struggling for their independence, the Flemish blessing was coined: "May your grandchildren live in unexciting times." Where US economic trends are concerned, the 2006-07 years do look
      Tribune Media Services  -  703 words
    • Article, Illustration
      Lock icon India's nuclear legitimacy quest
      901 25  -  In a long process fraught with regional complications and the US playing a crucial part. Bush's visit will be closely watched YOGI AGGARWAL THE first time India exploded a nuclear bomb in 1974, it derailed its nuclear power programme as Canada and the United States stopped
      AP  -  901 words
    • Article
      Lock icon Disclose usage of tax credits
      122 25  -  LETTER TO THE EDITOR Denis Distant Singapore I REFER to the report 'Isetan returns to black' (BT, Feb 25). I was not only heartened to read of the much improved results and higher dividend. but also that the board has finally responded to shareholder appeals
      122 words
    • Article, Illustration
      Lock icon Elite rich drive a worrying inequality
      591 25  -  PAUL KRUGMAN NYT BEN Bernanke's maiden congressional testimony as chairman of the Federal Reserve was, everyone agrees, superb. He didn't put a foot wrong on monetary or fiscal policy. But he did stumble at one point. Responding to a question about income inequality, he
      NYT  -  591 words
    • Article, Illustration
      Lock icon How to lift euroland economy
      955 25  -  MATTHEW LYNN Bloomberg NO matter how you look at it, the euro area's economy needs a lift. One solution? Try reissuing the 12 national currencies that were replaced with just one. That might sound like it would destroy the euro. And yet it may be
      Bloomberg; FILE PHOTO  -  955 words
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  • Article
    Lock icon SINGAPORE STOCKS
    9486 26 SGX MAINBOARD 52-Wk Td Lad Vol Day Last Quote GrfMv Div GrYW MM MCap Mgh Low Code Company Sale fWO H)» Low Buyer S*r Cw W 5.5 2 5716 1st Software 5t 3 +0.5 2500 3 2.5 2.5 3 12.1 18.5 6 3148 8TelecomUS2c 7.5 -0.5 369 7.5
    9,486 words
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  • Article
    Lock icon FINANCE & COMMODITIES
    5999 27 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES la tool carr la SS In OSS %4y %y» *r 11» **r HbU Indp Chang* Change Otanqa Oianga Chanqa Changa World Into Pretmw <0071 02 19 00 V? 01 43 HIM 03 47 OtO 3.2 00 5.6 hwn»Pn8miw> ***** 03 6J -0J 4.7
    5,999 words
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  • Page 28 Advertisements
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      Lock icon Page 28 Advertisements Column 1
      866 28 v NYK GROUP SOUTH ASIA PTE LTD \i'_- vrmrsr tM f r6u TEL 6295 0123 IVAAunk t&re£7 A 3 A LINE Fax: 6292 2856 sates) 6239 7109 (OPSy 6299 5785 (Documentation) NIPPON YUSEN KAISHA TOKTOOMKUKAOHA.ua (C/R NO' **********06) UK COWTIMEMT SERVICE U.S.A SERVICE Destination Destination ERIKOUSA RDM/ATW/BMN/TIB/NAN JOHN F CAM/NFK/NOl/SAV
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      Lock icon Page 28 Advertisements Column 2
      398 28 p] DONGNAMA LINE COHTAINHIIIP —WVId VESSB(EVERT WB) VOT |SSP MS MC PKMJKAONA NtH M/M 12/ M 17/ M M/M UK SUMY SIM 15/03 10/ M 24/03 77/03 AEGEAN EXPRESS MM |22/M| 24/ M 31/03 VESSa (EVBT SUN) VOT SSP MS KHAKASS MS4I7 05/03 04/03 ion mmah mm 11/03 14/03 lonwuNM
      398 words
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      Lock icon Page 28 Advertisements Column 3
      685 28 INHIAIIA BORO WBtVICi VBSa/VOT tAfgT) HBGHIW) W6 KM IP I SW I <T STUITSVEKTUtt 05/04 IS 12 22/03 25/03 30/03 02/04 04/04 SllAmVßfnjtt 04/04 IS 3.2 04/04 M/ 04 20/04 23/04 25/04 snuns veiTUKt py/04 is 3.2 27/04 so/m 04/05 07/0S oyos 1/uiCTitiiAu cnwi I I —'w- wwmw 1 ygsa/vor
      685 words
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  • Page 29 Advertisements
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      Lock icon Page 29 Advertisements Column 1
      1888 29 WAN HAJ NIERNAHONAL PTK LID at m 14M*****M/R V TEL *****588 (14IMS) FAX:6224lltt T \k| lAIA U UA I I IMCC CMtaMrSmto/IMhIvDMUM-(1800)*****200 V I VVMiI IIMI Llllt J KLTH:(O3)3M6MMHUbIO3)JM2S2MWIS:(O4)236J9OOMX:(O4R294I99 V JOHIH: (07) 1511*23 HUt(o7Usllf7l SW THWI) JWMTJNUt (0J118W714/WIJOS i i jnm:itii)S2Mi«M:(tn)S2MmM«:niM/7iwi **nun ,WI H—•»! KM:|041)*****13 HUL|O4l| 415W25/*****04 p»Tg[ ala TS
      1,888 words
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      Lock icon Page 29 Advertisements Column 2
      972 29 VESSEL VOY SW JKT HK6 KHH WC KTM PUS VBSO VOY iff JKT SUB HKG USN PUS HTPIO6KSS IOtS 2/3 4/3 9/3 11/3 13/3 IS/3 15/3 KMTC PUSAN 403S 5/3 1/3 9/3 14/3 18/3 19/3 HYltlDtt IMS 9/3 11/3 14/3 11/3 20/3 22/3 22/3 KMTC SINGAPORE 6Q3S 12/3 15/3 14/3
      972 words
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      Lock icon Page 29 Advertisements Column 3
      798 29 m 3335& WEEKLY EXPRESS SAILING SCHEDULE lALSOACCEPTIN6 TO ALL NORTHERN AND WESTERN ICO POINTS I vessel VOY I SIN 1 pjqangl Colombo I It. St«VA 1 COLOMBO I I ALSO ACOTING FQ TO COCHIN. TUTKOtW (VIA COLOMBO) AND UMU I 60*1 (VIA N SUVA) CONNKTMG MOTHB VSIS TO RMOPt (FBJXSTOWE,
      798 words
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  • THE BUSINESS TIMES SHIPPING TIMES
    • Article
      Lock icon THE BUSINESS TIMES SHIPPING GUIDE EXPORT
      5723 30 This ETA HA ktomVmi VhmI Voyage Tdnrtim SIN Darn Nmm Nmm rnmbm Number To ABIDJAN (ABJ) 2003 Cote D*lvoire 07/03 07/04 China Shpg CMA CGM FORCE SX217W *****898 09A)3 18AM China Shpg PERTH MIDGE 101A *****898 14AJ3 10AM DHmas VERONIQUE DELMAS 615W *****344 15)03
      5,723 words
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      Lock icon Page 30 Advertisements Column 1
      201 30 VESSFI VOY m fw vcsa vor u* m Cy 2301 0243f ls/82 WvT PAC BHTAM UW 15/02 paciampa 25/92 25Zfl2_ gg—ZgHZZMZZ PACIAHDA *****1 26/02 27/02 1"™** S3® wsl —$s —g$—Si- KSiL ma x KM£* aZ22 azai_ 4209 13/03 U/M 14ZZM 81/83 82M_ PACIMTAH wa i»/03 n/03 vcsa voy sw hk
      201 words
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      Lock icon Page 30 Advertisements Column 2
      271 30 Ivtssii Iv6y I ng l w l Karachi i pxr i »a» nhs pmm mk ikhor KAN BAAftAB KL tIU 01/03 02/03 ***** 14/03 13/03 21/03 24/03 27/03 MAN KOtOCSTAN Kl 1125 09/03 10/03 19/03 22/03 23/03 29/03 01/04 04/04 IRAN SHAHRYAR Kl 1126 U/03 19/03 24/03 31/03 01/04 06/04
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      Lock icon Page 30 Advertisements Column 3
      123 30 BSA x o MYANMA nM .five star une (Mv«mmt NftUad Ltu) Loodiag for Yoo§mi vrssa VOY SIN Pitt PIN PGU OW SHWI HAW 90W SID PAGAN 349W SU> IN MALAYSIA: OOUSTEAD SHIPPING AGENCIES KUL/PKL 03-1005IW PIN: 04-*****15 A""™* ACCEPTING CONVENTIONAL CGO VESSa VOY HUG SH PU. KO4 TM ITU SDK
      123 words
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  • PROPERTY
    • Article
      Lock icon UK Jan home loans up 32%
      476 31 Net mortgage lending was £4.6b compared with £4.2b a year ago Bloomberg [LONDON] UK home loans approved by banks rose 32 per cent in January from a year earlier as the country's US$6 trillion property market strengthens. The number of approvals climbed to 45,039
      Bloomberg  -  476 words
    • Article
      Lock icon UK house prices post biggest rise in 20 months
      158 31 Reuters [LONDON] British house prices rose for a third consecutive month in February and at the fastest pace since June 2004, according to property consultant Hometrack's latest survey published yesterday. It said that prices rose by 0.4 per cent during February,
      Reuters  -  158 words
    • Article, Illustration
      Lock icon GCB site goes at 1996 peak
      560 32  -  16,920 sq ft plot at Bishopsgate sold for $9.8 million or $579 psf By ARTHUR SIM A GOOD Class Bungalow (GCB) site in Bishopsgate has been sold at a price approaching the 1996 peak. Data from the Singapore Institute of Surveyors and Valuers' REALink
      FILE PHOTO  -  560 words
    • Article
      Lock icon Manhattan Hill seen fetching sales of HK$10b
      238 32 Bloomberg (HONG KONG] Sun Hung Kai Properties Ltd, Hong Kong's biggest developer by market value, forecast it may fetch HK$lO billion (Ss2 billion) selling a home project in Kowloon. The Manhattan Hill project will offer more than 1,100 apartments in five blocks. Sun
      Bloomberg  -  238 words
    • Article, Illustration
      Lock icon Bullish outlook fuels hotel boom in KL
      669 32 AFP [KUALA LUMPUR] New hotels are shooting up around the Malaysian capital's iconic Petronas Twin Towers, in a building boom fuelled by a bullish outlook for the economy and tourism industry, industry experts say. At least four new hotels are under construction in
      AFP  -  669 words
    • Article
      Lock icon MUI to sell UK hotels for £116m
      280 32 Bloomberg [KUALA LUMPUR] Malayan United Industries Bhd (MUI) which operates hotels in the UK, Australia and Malaysia will sell 19 hotels in the UK and its entire stake in the Reservation Co for £116 million (Ss33l million) to pare debt. Corus, 99 per
      Bloomberg  -  280 words
  • Page 31 Advertisements
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      Lock icon Page 31 Advertisements Column 1
      305 31 RETAIL/RESIDENTIAL/SOHO DEVELOPMENT SITE J FOR SALE j 7 V. Corner location Walking distance Clarke Quay MRT station J 999 Y oo Lancl area approx "®V/ Plot Ratio 7.0 j/yoWS Af Height control up to 10 storeys Y'S/* ill 1 Zonecl commercial. Possible retall/resldentlal/SOHO w, Jv/ Ar /yf Investment Properties P
      305 words
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      Lock icon Page 31 Advertisements Column 2
      362 31 Good Class Bungalow Land -J For Sale By Tender n —j~l I —77 4 JatanKampongChantek J/ &SSS2 Approx. 7991 sqm/86.014sqft I Can be subdivided Into 5 GCBs |W bl V\ Near Methodist Girts Sch k| hi \&C5i m NanyangGWsSch&RaflteftGkls H M Pr Sch /I/ la \1 A/ Near The British
      362 words
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      Lock icon Page 31 Advertisements Column 3
      214 31 A local retail and distribution company IS LOOKING FOR OFFICE CUM WAREHOUSE BUILDING FREEHOLD LAND > Net useable area 30,000-60,000 sf; > Strategically located, preferably near MRT station; > Proper loading bays with cargo lifts; > High ceiling with ample parking lots; > For freehold industrial land, area 25,000-50,000 sf,
      214 words
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