The Business Times, 28 March 2006

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Total Pages: 30
1 30 The Business Times
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  • Title Section
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    13 1 THE BUSINESS TIMES SINGAPOR^amts online at http://business-times.asial.com.sg MICA (P) 099/03/2006 Tuesday, March 28,2006
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  • Article, Illustration
    Lock icon Temasek buys Khoo's Stanchart stake
    679 1  -  11.55% shareholding from the tycoon's estate is estimated to be worth £2.3b on the market By MICHELLE QUAH [SINGAPORE] Temasek Holdings will buy the late Khoo Teck Puat's entire stake in Britain's Standard Chartered Bank for an undisclosed sum. The Singapore investment company's announcement at
    FILE PHOTO  -  679 words
  • Article
    Lock icon GIC in consortium mulling bid for UK port operator: Goldman
    410 1 AFP. Reuters, Bloomberg [LONDON] US investment bank Goldman Sachs said yesterday that a consortium, comprising also the Singapore government and a Canadian pension fund, may launch a bid for Associated British Ports, the biggest ports operator in Britain. "The consortium's
    AFP.; Reuters,; Bloomberg  -  410 words
  • Article
    Lock icon MARKETS DIGEST
    138 1 STI 2/491.64 (+2.37) ST INDEX FUTURES 2,493.00 (+2.00) SIMSCI ***** (+0.73) SIMSCI FUTURES ***** (+1.10) MARKETS Monday Change KLSE COMP 928.48 +2.39 NIKKEI 225 16,650.10 +89.23 HANG SENG 15,815.87 +99.41 SET INDEX 733.33 +2.48 JAKARTA COMP 1,311.95 +0.58 MANILA COMP 2,195.95 -12.18 SEOUL COMP 1,330.34 +9.11 SHENZHEN B
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      75 1 JEJ STOCK MARKETS Indian stocks breach jß'jP* 11,000 mark COMPANIES Citiraya signs new deal with investors PG 5 THE NEXT STAGE W LiewMunLeong, chief executive of Capita Land, on why the next lap of the properly giant's growth may a 4 not be just organic. PROPERTY 2006 Highlights of BTs
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      6 1 lill 8 1 *****1 *****4 11
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      115 1 PROPERTY Centrepoint is highest bidder for SingM site PG 30 RAYMOND WEIL SOLE DISTRIBUTOR: Official Timepiece for CRYSTAL TIME (S| PTE LTD Tel: (65)*****888 Raymond Weil Showroom: #02-09 Raffles Hotel Arcade. Ttel: (65) *****218 SINGAPORE#^ FASHION JM Authorised Retailers: CORTINA WATCH Paragon Tel: *****084. Raffles City Tel: *****185 FESTIVAL CORTINA
      115 words
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      12 1 WORLD CUP iW S'pore football fans up in arms TIMEITuesday. March 28.2006
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  • TOP STORIES
    • Article
      Lock icon Feb industrial output up a robust 37%
      507 2  -  Economist thinks Q1 S'pore GDP on track for 8.5% growth By ANNA TEO [SlNGAPOßE] Even with the expected boosts from a low base and a "moving holiday" effect, February's industrial output still surprised on the upside, thanks to a pharmaceutical surge. Total manufacturing
      507 words
    • Article, Illustration
      Lock icon SM Goh: I will be Sitoh's resource person in Cabinet
      488 2  -  By CHUANG PECK MING [SINGAPORE] Whatever the ruling People's Action Party (PAP) candidate Sitoh Yih Pin wants to do for the residents of Potong Pasir, he will get the backing of Senior Minister Goh Chok Tong if Mr Sitoh manages
      TERENCE TAN/ST  -  488 words
    • Article
      Lock icon Pacific Star wraps up 500 m euro Asia properly fund
      490 2  -  By LESLIE YEE [SINGAPORE] On the back of continued strong interest by overseas investors in exposure to investment opportunities in Asian real estate, Pacific Star Group yesterday announced the closing of a 500 million euro (***** million) fund to invest
      490 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      471 2 Capita Land looks to M&A for future growth PROPERTY giant Capita Land will look at mergers and acquisitions to help fuel growth. "I think the next stage is not going to be just organic," president and CEO Liew Mun Leong told BT. TOP STORIES, PG 3 Star Hub's
      471 words
    • Article, Illustration
      Lock icon Capita Land looks to M&Afor future growth
      549 3  -  And acquisitions need not be confined to property firms: CEO By KALPANA RASHIWALA [SINGAPORE] Property giant Capita Land will look at mergers and acquisitions to help fuel growth. "I think the next stage is not going to be just organic," president and CEO
      YEN MENG JIIN  -  549 words
    • Article, Illustration
      Lock icon Star Hub's World Cup fees upset football fans
      620 3  -  But company points to escalating sports programming costs By SIOW LI SEN [SINGAPORE] Football fans are crying foul after Star Hub went back on a promise not to charge extra for its World Cup broadcasts. The cable-TV operator unveiled its Germany 2006
      620 words
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      1447 2 £1| China Sky Chemical Fibre Co., Ltd. (Incorporated in the Cayman Islands with Registration Number: CT-*****9) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the First Annual General Meeting of CHINA SKY CHEMICAL FIBRE CO., LTD. will be held at Prince Room, Level 13, Copthorne King's Hotel, 403
      1,447 words
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      15 2 PeODle Hunting season has begun. (Target: Private Bankers) www thepoopleatwork com Asia Pacific Executive Search
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      9 2 ~y r ;0! <v x ;M*Tg7lip*||p^-" SBS &B'M*'%& wl^ilPft
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  • Page 3 Advertisements
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      162 3 vt";.; ■/.< i < v-» v' K iTMWHBMBBBBMBBMBBBMiMMMI""" :v !S• -r" Wt aL ..> More luxury than you can imagine. Now with Mercedes-Benz S2BO. 3g|6i^-Ar3PHEPI^SwIB jgfcv- •Specifications may differ from image shown. Book the E-Class and get upgraded to the S-Class. As a prudent individual accustomed E-Class and upgrading to
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  • COMPANY NEWS
    • Article
      Lock icon CAO shares resume trading tomorrow
      407 4  -  It expects to complete its restructuring plan today By MICHELLE QUAH THE wait is finally over for the long-suffering shareholders of China Aviation Oil (CAO) after the jet fuel trader confirmed yesterday that its shares, which have remained suspended for more than a year, will
      407 words
    • Article
      Lock icon Raffles Medical: Just what the doctor ordered
      610 4  -  HOCK LOCK SIEW By VEN SREENIVASAN AFTER dribbling along at around the 50-60-cent level for much of the past year or more, the stock of Raffles Medical Group has found some bounce of late. Since the beginning of this year, the shares have
      610 words
    • COMPANY BRIEFS
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      5802 4 UNIT TRUSTS FUNDS ACMGI Amer Income B USD 8.65/ ACMGI Amer Income A E JR 7.18/ ACMGIAmerIncome BEUR 7.18/ n mi ACMGI Eur °p lnco Opp AT SGD ....„V 14.98/ SJf£2E£K ACMGI Europ Income Opp BT SGO 14.96/ ACMGI Europ Income Opp AT EUR 7.68/ £SSrSiS; Eur °p lncome Opp
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    • Article, Illustration
      Lock icon Citiraya signs new deal with investors
      619 5  -  Heshe, Chip Lian will pay less for stake while creditors stand to get back more By MICHELLE QUAH AFTER more than a year of uncertainty, beleaguered Citiraya Industries has finally gained a firm foothold on a viable future. Its judicial managers inked an investment
      619 words
    • Article
      Lock icon Swissco, Asia Dekor place new shares
      262 5  -  By MATTHEW PHAN MARINE services provider Swissco International and laminated flooring maker Asia Dekor Holdings are both raising funds via placements of new shares through CIMB-GK Securities. Singapore-based Swissco is placing 29 million shares at 35.5 cents each, 7.1 per cent lower than the
      262 words
    • Article
      Lock icon Chip solutions firm MIT bags orders worth US$10.5m
      247 5 MANUFACTURING Integration Technology (MIT), one of the region's leading integrated solutions providers for the semiconductor industry, has secured orders totalling US$lO.5 million for two of its flagship products. The orders for its Optimus wafer-to-wafer die sorter and the THBOOVix in-tray laser marking
      247 words
    • Article
      Lock icon Regional groups may tap S'pore Reit market
      516 7 Ayala, Lippo may divest properties and list them on SGX, say bankers Reuters SOUTH-EAST Asian family firms such as the Lippo and Ayala groups may divest some of their properties in Indonesia and the Philippines through Singapore's fast-growing market for real estate investment
      Reuters  -  516 words
    • Article
      Lock icon Super Coffeemix plans $50m regional blitz
      262 7  -  By WONG WEI KONG SUPER Coffeemix Manufacturing is targeting to invest $50 million to expand brand awareness in the region. The group, which manufactures, owns, and manages well-known brands of instant convenient beverages and food, said yesterday it is aiming to expand market awareness
      262 words
    • Article, Illustration
      Lock icon Best World launches new lifestyle product
      304 7  -  By OH BOON PING BFST World, a direct seller of cosmetics, nutritional supplements and skincare products, has launched a new product, "bwL Negative lonizer", as part of its continuous product innovation strategy. The new addition to its Lifestyle Harmony products is described as ozone-free
      YEN MENG JIIN  -  304 words
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      31 4 I You can now use your CPF savings to invest in AllianzGI Global Allianz (jfi) High Payout Fund. Visit OCBC Bank tor more details. Global investors •<ms 1 company no *****/1697
      31 words
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      706 5 W 1 Winner of the best 3GSM handset at Watch these channels FREE on 3G7V! I the GSM Association Awards 2006 £s*s® m Mhhmmm K CNBC Traffic Webcam I m/tttk Mobile (Live) Golf S with $200 trade-in 21 uths Content is free. Video Calls will be charged at Voice Call
      706 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Fields of green in Asian markets
      478 6  -  STOCKS Positive sentiment widespread in Singapore bourse, with property and China stocks leading the gainers TEH HOOI LING Senior Correspondent GREEN dominated brokers' computer screens yesterday, and that's been the overwhelming colour for at least two weeks now. The more green the screens show,
      Source: Bloomberg  -  478 words
    • Article, Illustration
      Lock icon TRADES TO WATCH
      1012 6 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS (Disclosures made on Mar 27 and earlier) Trans r of Price SHAREHOLDING Trans Shareholder/ Buy/ Shares Per Before After B2S Plrectl>f Sell '000 ShrS ('000) y. coop) f- a^ e 27-Mar-06 The Grande Grp Buy 410 na ***** 511 c ->c LafeTech 27-Mar-06 Ho
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    • Article, Illustration
      Lock icon BROKERS'TAKE
      891 6  -  Compiled by MATTHEW PHAN Jurong Technologies March 27 dose: $1.64 KJM ENG RESEARCH, March 27 FYO6 earnings could be weaker than expected. As the Seagate/Maxtor merger draws closer to completion come the second half (H2), Maxtor's order flow is starting to soften because customers are transiting to Seagate's platforms
      Source: Bloomberg  -  891 words
    • Article, Illustration
      Lock icon Yen surge plays up NZ$ ana A$ slides
      547 6  -  CURRENCIES LARRY WEE Senior Correspondent AN impressive yen surge in Asian trading exposed the US dollar to a sharp relapse across the board yesterday but, once again, it was the embattled duo from Down Under which ended up with the heaviest losses.
      Source: Reuters  -  547 words
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      96 7 TAX Our qualified professionals can assist you with offshore structures, shelf companies ■■Kjf Mf -W/KM British Virgin Islands Cayman Islands Bahamas Mauritius HHHHHIHiHiI Hongkong Samoa Full nominee, management, secretarial, banking and corporate administration services are available. We also specialize in offshore trusts for assets protection estate planning. I For further
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      604 7 I^H '^H you want it by the Mr and not by the bottle. I aSr W ty Linked Note a minimum K. 5550,000. fl Hp H[ jfl i 1 v J> B 9 Introducing a more accessible way to invest from DBS. Equity Linked Besides, our team of Treasury Services
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  • SINGAPORE NEWS
    • Article
      Lock icon SembCorp has edge in gencos
      644 8  -  Efficient capacity utilisation gives it 12% of market despite its size Reports by RONNIE LIM SEMBCORP Cogen a unit of listed SembCorp Industries was the most competitive of the generating companies (gencos) last year, winning a 12.35 per cent share of the Singapore electricity market,
      644 words
    • Article
      Lock icon Electricity demand up in 2005 despite higher prices
      427 8 DESPITE one-third higher electricity prices last year, electricity demand in Singapore continued to grow, said the Energy Market Company (EMC), reflecting the economy's robust 6.4 per cent growth. With crude prices, like West Texas Intermediate, spiking by 36 per cent in 2005,
      427 words
    • Article, Illustration
      Lock icon JTC offers 20 Rochester Park bungalows to private sector
      314 8  -  Plan to convert them into serviced villas or for other commercial uses By ARTHUR SIM JTC Corporation is looking to the private sector to convert 20 of its black-and-white colonial bungalows in Rochester Park into either serviced villas or for other
      FILE PHOTO  -  314 words
    • Article
      Lock icon Stanchart offers plan to pay down home loans faster
      427 9  -  Customers can cut mortgage costs with bonus interest earned on deposits linked to loans By CONRAD TAN STANDARD Chartered Bank has launched a home mortgage scheme that allows borrowers to link their home loans with up to 10 deposit accounts belonging
      427 words
    • SINGAPORE ROUNDUP
      • Article
        Lock icon Accord on six project agreements in Xian
        75 9 SIX project agreements covering tourism, real estate and education have been agreed in Xian over the past two days. Witnessed by Minister of State for Education Trade and Industry Chan Soo Sen, the latest tie-ups follow the three-year memorandum of understanding which IE
        75 words
      • Article
        Lock icon Esplanade CEO to chair world arts body
        72 9 ESPIANADE Co's chief executive officer Benson Puah has been chosen as chair-elect of the board of directors for the International Society for the Performing Arts Foundation for 2006-2007. He becomes board chairman in January 2008. Mr Puah also chairs the Association of Asia
        72 words
      • Article
        Lock icon IDA, ictQatar sign collaboration deal
        68 9 THE Infocomm Development Authority (IDA) has signed an agreement with ictQatar to collaborate on various aspects of information, communications and technology (ICT), specifically in the use of ICT in government and various key economic sectors such as health care and education. Seen as deepening the
        68 words
    • Article, Illustration
      Lock icon Hotel room revenue up 53% in Feb
      238 9 SINGAPORE hotels recorded $117 million in room revenue last month, an increase of 53.2 per cent over February 2005, the Singapore Tourism Board (STB) said yesterday. The better takings came on the back of an increase in room rates. The average room rate
      FILE PHOTO  -  238 words
    • Article
      Lock icon Asia-Pac travel to grow 4-6%: Abacus
      283 9 TRAVEL in Asia Pacific looks set to take off, with growth across the region projected at 4-6 per cent for the year, according to travel booking services leader Abacus International. After a slight dip of 6 per cent in the number of bookings in
      283 words
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      306 8 BT advertorial hive RP: where food, fun and friends converge It's hip, it's zesty and it's just around the corner if you're in town. It's the latest hotspot among savvy lunchtime circles in Raffles Place: hive@RP. Located at the revamped and extended basement of Republic Plaza, this month-old trendy gastronomic
      306 words
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  • Page 9 Advertisements
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      49 9 i —>*% i O U r> i j ..j fcJFINOIHEOHEsh 51 Cr J THffFm,, ps_/ v. Recruit the right people C-J i I through CATS Recruit. T Call 1800 289 8822 or email J V J recruit@sph.com.sg 1 y to advertise. v Kit T\ v s 1 U .-o 1
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      88 9 UKr «ahL g^^g 'fllBB ]jM H JWaRe critical business decisions with an accurate overview of v your company O I Possess adequate knowtedge to accommodate changes in today's i *Effl aggressive business environment and retain your company's H competitive edge. Realise your company's potential growth. Lr f j. solution- 4MMHK
      88 words
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      2479 10 lUtl.l.fJlT&T Keppel Telecommunications Transportation Ltd Co Reg No: *****0115G (Incorporated in the Republic of Singapore) Notice of Annual General Meeting Notice of Extraordinary General Meeting CIOSU Books NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Keppel Telecommunications Transportation Ltd (the "Company") will be held at Capricorn Ballroom, Level
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  • SME spotlight
    • Article, Illustration
      Lock icon Spinning off a new brand
      822 11  -  After successes in window-films and F&B, GMX launches consultancy firm, reports JURENA CHAN JURENA CHAN V-KOOL, PastaMania, and now the newest addition to the family corporate advisory firm Spinnaker36o. There seems to be no stopping Globamatrix Holdings Pte Ltd (GMX). After its successes in the
      ARTHUR LEE  -  822 words
    • Article
      Lock icon Fourth SME Devt Survey launched
      362 11  -  SMEs can respond online for first time on needs, concerns By NANDE KHIN CREDIT and business information service provider DP Information Group yesterday launched its fourth annual survey on the needs and concerns of small- and medium-sized enterprises (SME). The theme for this year's SME
      362 words
    • Article, Illustration
      Lock icon Building on the strength of its core
      868 13  -  GRACE CHONG looks at how PEC builds on its skills in plant maintenance and construction to take on new projects GRACE CHONG MOUNTING challenges face Plant Engineering Construction (PEC) as it endeavours to attract new blood into the industry and maintain its competitive
      REUTERS  -  868 words
    • Article, Illustration
      Lock icon Landwind rides growth trend
      786 14  -  SMALL CAPS It starts year with strong order book, reports NANDE KHIN NANDE KHIN LANDWIND Medical is looking to build on its business growth in the past four years, with two new distribution contracts under its belt and fresh headway in the European market. And while
      786 words
    • Article
      Lock icon Portfolio beats indices
      335 14  -  By TEH HOOI LING THREE star performers have helped our small-cap portfolio race ahead of the market indices. Contract manufacturer Advanced Integrated Manufacturing, baggage handling system provider InterRoller and WBL each surged by more than 15 per cent in the last five trading sessions to yesterday. Inter-Roller's
      335 words
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      331 11 k -*vBBI jjrr l^H ifl I JPJ n Vlf I i u lufi j^K H^HKiibw. mAM li I L ■T'r'liftii■ With the Business CitiPro, you'll gain competitive insights today for tomorrow's success. Now your company can enjoy the benefits of large corporations. owban* Business Htm** Introducing Business CitiPro, a financial
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      2848 12 Corporation Keppel Corporation Limited Co Reg No: *****0351N (Incorporated in the Republic of Singapore) Notice of Annual General Meeting Notice of Extraordinary General Meeting Closure of Books NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Keppel Corporation Limited (the "Company") will be held at Intercontinental Singapore, Ballrooms 1
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      172 14 In under an hour. The JPMorjj.in hase <>rpoute h.illens;o <i S.(>l< lun run, is on .nj.iin. Open In employees liom businesses .ill «uound Sini .i|H>i<\ f»Ih Apiil M)()(y is youi < Ii.uk e lo not only show 11 km n win 11 you've rol, bill ,ilso wli.il yom I (sun's
      172 words
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      38 14 TvTmn Lianhe Zaobao I Straco I Ito develop I I tourist spots I I Huaqing Palace I I if) XI3II wal? ami I I v I I *7il®£Br I I I «***—''9^s^^ H H h I Wm, W^m
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  • ECONOMY WATCH
    • Article
      Lock icon China is biggest loser from copyright piracy, says US
      388 15 Reuters [CHONGQING, China] China is the biggest loser from intellectual property violations and needs to stamp out piracy to build global corporate champions, US Commerce Secretary Carlos Gutierrez said yesterday. Mr Gutierrez was speaking in this southwestern city at the start
      Reuters  -  388 words
    • Article
      Lock icon Fed likely to raise US rates by a quarter-point
      414 15 It may also signal a halt in rate hikes around mid-year Reuters [WASHINGTON] Federal Reserve chairman Ben Bernanke leads his first policy meeting this week, one all but certain to end with another US interest-rate increase and perhaps a suggestion that
      Reuters  -  414 words
    • Article
      Lock icon Japan parliament passes budget with 3% spending cuts
      219 15 AFP [TOKYO] Japan's parliament passed the nation's most austere budget for eight years yesterday, marking another achievement for Prime Minister Junichiro Koizumi and his efforts to cut the huge public debt. The budget cuts spending for the fiscal year to March 2007
      AFP  -  219 words
    • Article, Illustration
      Lock icon Chinese economy seen slowing to 8.9% in 2006
      288 15 AP [SHANGHAI] China's economy is expected to grow 8.9 per cent in 2006, slowing from 9.9 per cent last year, the central bank's research department said in a report published yesterday. Annual growth in China's gross domestic product will gradually slow from
      AP; REUTERS  -  288 words
    • Article
      Lock icon ADB to launch several types of currency unit
      495 15 ACU will comprise basket of Asian currencies, details out by end-June Reuters [TOKYO] The Asian Development Bank (ADB) said yesterday that it plans to launch several types of a theoretical Asian currency unit (ACU) comprising a basket of Asian currencies, and will
      Reuters  -  495 words
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      225 15 jgjUcrue SkNAand Earn miles fo(oytr».l Fr l\ I'/ \S fl E^^r T fl V 3L, 'on *n Jr~ J r y' J( i c n r jl v I I J C 1 I rti jßßlHyi nil p (D (f) (i) (D (i) (D (5) T Primary Member Spouse* Grandmother
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon KL union unhappy over fuel price hikes
      437 16 It considers nationwide pickets, fails to deliver memo to govt AFP. AP [KUALA LUMPUR] Malaysia's main trade union group said yesterday it was considering organising nationwide pickets in protest at recent fuel price rises, after staging the fourth demonstration in as many weeks.
      AFP.; AP; AFP  -  437 words
    • Article, Illustration
      Lock icon Pressure mounting on the rupiah
      669 16  -  INDONESIA INSIGHT It could hurt if the differential with US rates narrows SHOEB KAGDA Jakarta Correspondent FUND managers and currency dealers who have made a handsome profit from the rupiah's stellar performance over the past three months will be keeping a close eye this week
      669 words
    • Article
      Lock icon BURSA MALAYSIA
      2359 16 vol General Corp .0.49 0.01 117 Mw" «M (HI) Canting M20 -010 816 George Kent ....0.55 unch 66 A M Realty 1.37 -0.02 7 GHL Systems .0.21 0.03 ***** 0 35 "002 114 GlobetroriicsTeth 0.31 -0.01 812 ACP lnduttr.es 1.13 0.14 2164 GlomacBhd 1.24 unch 41 Advance Synergy
      2,359 words
  • Page 16 Advertisements
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      867 16 :*at3 NOTICES Toll free: 1800 289 8822 Email: noticesfrOsph com sg HOTEL NEGARA LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number. *****0074H) NOTICE IS HEREBY GIVEN that the Thirty-Eighth Annual General Meeting of Hotel Negara Limited will be held at Meritus Negara Singapore, Meeting Rooms 2 3, Level
      867 words
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      400 16 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF ARISTAR HOLOINQB PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) (Company Registration No. *****6290 M) NOTICE OF FINAL MEETING Notice is hereby given that, pursuant to Section 308 of the Companies Act, Chapter SO, the Final Meeting of
      400 words
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  • GREATER CHINA
    • Article, Illustration
      Lock icon China goes ahead with tax on windfall oil profits
      375 17 But no details as yet on amount and how it would be applied Reuters [SINGAPORE] China has imposed a windfall profit tax on domestic crude oil sales with immediate effect, the government's economic planning body said, but it did not say
      Reuters; REUTERS  -  375 words
    • BRIEFLY ASIA
      • Article
        Lock icon Asylum backed by law: Downer
        89 17 Reuters [JAKARTA] Australian officials tried to soothe ties yesterday after Canberra's granting of asylum to 42 boat people from Indonesia's troubled Papua province provoked protests in Jakarta. Canberra made its decision last week to recognise the Papuans as refugees despite Indonesian President Susilo Bambang Yudhoyono
        Reuters  -  89 words
      • Article
        Lock icon Warner Bros to open 200 stores in China
        75 17 Reuters [SHANGHAI] Time Warner Inc's studio division Warner Bros plans to open some 200 stores in China over the coming years as demand for branded merchandise increases in China, the Chinese partner of the firm's consumer products unit said on Sunday. Warner
        Reuters  -  75 words
      • Article
        Lock icon Citigroup sets up new outlet in Beijing
        75 17 Bloomberg [BEIJING] Citigroup Inc, the biggest US bank, opened a new outlet in Beijing as it expands in the world's fastest-growing major economy. The sub-branch, offering foreign currency services to individuals and companies, will bring Citigroup's total number of outlets in China to
        Bloomberg  -  75 words
      • Article
        Lock icon CNOOC shares tumble on earnings worries
        101 17 Reuters [HONG KONG] Shares in top Chinese offshore oil and gas producer CNOOC fell nearly 5 per cent yesterday amid forecast-lagging earnings and as investors fretted over the prospect of a lower oil selling price this year. Last year, CNOOC posted a 33.6 per
        Reuters  -  101 words
      • Article
        Lock icon Infosys declines comment on Progeon
        70 17 Bloomberg [MUMBAI] Infosys Technologies, India's second-largest software maker, declined to comment on a newspaper report that said it would buy back a stake in its transaction processing unit Progeon from Citigroup. India's Business Standard newspaper reported yesterday that Citigroup is in talks to sell a
        Bloomberg  -  70 words
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      2808 17 [*A~Ri Q& NOTICFS Toll roo; 1800-289-8822 Email: notices^sph.com.sg ComforiDelgro COMFORTDELGRO CORPORATION LIMITED (Incorporated in the Republic of Singapore) (Co. Reg. No.: *****0002K) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Third Annual General Meeting of the Company will be held at The Auditorium, ComfortDelGro Headquarters, 205 Braddell
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  • INDIA
    • Article, Illustration
      Lock icon Indian capital account convertibility just a matter of time now
      599 18  -  By ASHOK KUMAR in Mumbai INDIA'S bellwether BSE Sensitive Index (Sensex), for a moment topped the 11,000-point mark for the t first time last week within hours of the prime minister and finance minister suggesting that the rupee might soon
      BLOOMBERG  -  599 words
    • Article, Illustration
      Lock icon Profit hopes lift Indian shares to record high
      507 18 Surge aided by fund managers raising outlook for some key players Reuters, AFP. Bloomberg [MUMBAI] Indian shares rose more than one per cent yesterday to close above 11,000 points for the first time, led by consumer goods companies and metal makers on
      Reuters,; AFP.; Bloomberg; Source: Bloomberg  -  507 words
    • Article
      Lock icon Reliance's petroleum unit said to be raising 27b rupees
      494 18 Funds are buyers in the private sale: banking source Reuters. Bloomberg [MUMBAI] India's Beliance Petroleum Ltd is set to raise about 27 billion rupees (***** million) in a private share sale, a source close to the development said. "It is in
      Reuters.; Bloomberg  -  494 words
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      352 18 Diners Club Card A i iTfe Dmers www.diners.com.sg International' J| |dj J* j I 1 £bfr$&h f l JiB3ter? »f MfcM— |MMMM jjjgjj^^^^^^^^^^^^Maa. J ..M...Kii l l l .,.„VKTM Take your with this tall, dark and handsome model Come experience the newly renovated Plaw Brasserie. Be smitten with the most
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  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon Another blow for Japan's govt bond market
      428 19  -  By ANTHONY ROWLEY in Tokyo JAPAN'S government bond market, already hit by fears of rising interest rates now that the Bank of Japan has decided to end its oltra-easy monetary policy, was dealt another blow yesterday. A finance ministry panel warned that the
      428 words
    • Article
      Lock icon ASX to buy Sydney Futures Exchange
      526 19 AUSTRALIAN DEALS A$2.4b purchase in stock will result in Asia-Pac's biggest exchange group AP Reuters, [SYDNEY] The Australian Stock Exchange (ASX) will buy the Sydney Futures Exchange for A 52.4 billion (552.7 billion) in stock to boost revenues as its own growth starts to
      AP; Reuters,  -  526 words
    • Article
      Lock icon Tattersall's bids for UNiTAB
      427 19 Reuters [SYDNEY] Tattersall's Ltd, Australia's top lottery operator, has launched an Asl.9 billion (Ss2.l billion) agreed bid for second-rank-ed wagering group UNiTAB to take on rival Tabcorp Ltd and tap growth overseas. Shares in Queenslandbased UNiTAB, which analysts have long seen as a target in any
      Reuters  -  427 words
    • Article, Illustration
      Lock icon Opposition rejects Thaksin's olive branch
      513 19 PM's offer to form a national unity govt turned down AFP, Reuters [BANGKOK] Opponents of Thai Prime Minister Thaksin Shinawatra yesterday rejected his offer to form a national unity government if he wins the coming weekend's elections. Their decision came as political tensions soared after
      AFP,; Reuters; REUTERS  -  513 words
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      3 19 111 Ml 3
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      2842 19 :»AT^ S& NOTICES lolMicc I<'()() 289-8822 E111 <111 coni.sg TOTAL ACCESS COMMUNICATION PUBLIC COMPANY LIMITED dlac (Incorporated in the Kingdom of Thailand as a public company with limited liability) NOTICE OF THE ANNUAL GENERAL MEETING 2006 Attention All Shareholders of Total Access Communication Public Company Limited Subject invitation to the
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  • AVIATION
    • Article, Illustration
      Lock icon Faulty software the cause of B777's near stalling
      570 20  -  Problem surfaced in MAS flight last year; SIA replaces botched program By VEN SREENIVASAN [SINGAPORE] The software which caused a Malaysia Airlines Boeing 777 jet to pitch dangerously has been removed and replaced in Singapore Airlines's fleet of 8777 aircraft. SIA, which
      FILE PHOTO  -  570 words
    • LOG BOOK
      • Article
        Lock icon Falling ceiling delays Manila airport test
        110 20 Reuters [MANILA] The Philippines again suspended the long-delayed opening of a new passenger terminal at Manila's international airport after a section of the gypsum board ceiling collapsed in the arrival area yesterday. No one was hurt but the accident was another setback for the
        Reuters  -  110 words
      • Article
        Lock icon Northwest miles on Jetstar, Valuair
        68 20 [SINGAPORE] Northwest Airlines is allowing members of its World Perks frequent flyer programme to redeem their World Perks miles on Jetstar Asia Airways and its Valuair subsidiary. Under the partnership, which began last week, World Perks members who reside in Asia (except Japan) can redeem
        68 words
      • Article
        Lock icon CAL to stop over in Abu Dhabi
        63 20 AFP [TAIPEI] Taiwan's China Airlines (CAL) said yesterday it will stop over in Abu Dhabi, of the United Arab Emirates, on the Taipei-Vienna route three times a week from April 25. CAL will also add two weekly flights to Seattle from April 26
        AFP  -  63 words
      • Article
        Lock icon BAA to close oldest Heathrow terminal
        76 20 Reuters [LONDON] British airport operator BAA Pic said yesterday it would close the oldest terminal at London's Heathrow Airport after a new fifth terminal is completed in 2008. BAA said that the decision would not affect proposals to spend up to £1.5 billion (554.2
        Reuters  -  76 words
    • Article
      Lock icon MAS to lose subsidies, most domestic routes
      576 20 Carrier to cut costs by RM57Om in 2006 with route cuts AP. Bloomberg [KUAIJ\ LUMPUR] The Malaysian government will end subsidies to flag carrier Malaysia Airlines and let it operate only 19 domestic routes as part of a restructuring of domestic air routes,
      AP.; Bloomberg  -  576 words
    • Article
      Lock icon Virgin Atlantic starts London to Dubai route
      184 20 Bloomberg [LONDON] Virgin Atlantic Airways, controlled by UK billionaire Richard Branson, has started a route between London Heathrow and Dubai to attract high-paying business customers as fuel prices soar. The route which started yesterday has four flights each week in each direction, increasing
      Bloomberg  -  184 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2176 20 city puwrr n* fuwtr up Dh k 5Q435 0550 SQ436 2030 AdalaMa LH9771 1750 AF8088 2215 69*8 OR626 1255 OB627 1920 S0230 1750 BA7382 2215 <>«*•■ EK344 0045 EK344 0200 AF8087 1850 OF82 2215 NZ4355 0735 EK405 0210 BA7381 1850 LH9770 2345 SQ493 0735 EK433 0325
      2,176 words
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      138 20 BT/ZUJI Deals of the Week BUSINESS (from ECONOMY (from HOTEL (from S) Luxembourg $4,999 $850 $176 SAS KLM DESTINATIONS BUSINESS CLASS (from ECONOMY CLASS (from S) HOTEL (from S) WEATHER Bangkok $565 $140 $50 JtU u, Madras $1,007 (Jet Airways) $457 U« Airways) $130 Sunny New Delhi $1,288 (Thai Airways)
      138 words
  • Page 20 Miscellaneous
    • Miscellaneous
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      179 20 CRYPTIC CROSSWORD mmmm MB MV jHf 11 Less than one above average y—w 25 Examine cursorily view across (4,4) 26 She is not the only child in the Attractive but extremely cold Across: 1 Constrains, 6 Grab, 9 ward (6) spot (5,4) On the cards, 10 Oven, 12 Aril, 13
      179 words
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  • SHIPPING
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      Lock icon OSM opens full technical management service centre
      561 21  -  Keeping closer to OSM's Asian clients is a key factor in choice of S'pore By DONALD URQUHART [SINGAPORE] Norwegian shipping specialist OSM Shipmanagement is banking on Singapore's growing position as an international shipping hub and the booming offshore market that is helping fuel
      YEN MENG JIIN  -  561 words
    • Article, Illustration
      Lock icon Patrick rejects Toll's increased A$5.4b offer
      652 21 Bloomberg [SYDNEY] Patrick Corp, Australia's biggest port cargo handler, rejected Toll Holdings Ltd's increased A 55.4 billion (556.2 billion) bid as CEO Chris Corrigan seeks to build his own land transport business. Toll's cash and stock offer is "flawed and unacceptable" and shareholders should
      Bloomberg  -  652 words
    • Article
      Lock icon Morgan Stanley to ship rare gasoline cargo
      308 21 Reuters [SINGAPORF] Wall Street bank Morgan Stanley has booked a clean products tanker carrying gasoline for a rare voyage from Singapore to the West Coast of the United States, shipbrokers and traders said yesterday. This will be the first gasoline export cargo moving
      Reuters  -  308 words
    • Article
      Lock icon Hutchison defends plan to scan US-bound ships
      573 21 AP [HONG KONG] Hong Kong conglomerate Hutchison Whampoa Ltd has defended a plan to help scan USbound cargo for terror threats at a port in the Bahamas where American customs agents will not be present, saying it's not feasible or practical for US
      AP  -  573 words
    • Article
      Lock icon Persian Gulf tanker rates may fall
      441 21 Bloomberg [LONDON] The cost of shipping crude oil from the Middle Hast to Asia on 2 mil-lion-barrel tankers, little changed for almost four weeks, may decline as more ships become available. "There is downward pressure as owners are competing for every cargo," said Nikolaos
      Bloomberg  -  441 words
    • Article
      Lock icon TRANSPORT STOCKS
      285 21 SGX '000 Mar 2? SS *1- Vol CH Offshore .0.41 0.02 4292 ChuanHup .0.35 0.01 3697 Cosco Corporation 1.23 -0.02 2290 CWT Distribution 1.03 -0.01 53 Ezra Hldgs .2 59 -0.01 390 Freight Links 0.06 -0.01 556 Grand Banks Yacht .0.90 0.01 17 Jaya Holdings 1.29 -0.01 11
      285 words
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      220 21 Ah 25 28 April 2006 a Singapore Expo Th» ISti tovnatiarwi food t Onto, Hottt. Opening hOUTSI 8.*. I 25-27 April 2006 10.30 am 5.30pm Confers 28 April 2006 10.30 am -4pm Strxs# 197 A llpl Swfiv Cv Asia's Largest International Food Event Returns J specialised •vents under one roof
      220 words
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  • EDITORIAL & OPINION
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      Lock icon Bush should resolve Iraq mess
      538 22 EDITORIAL US PRESIDENT George W Bush's statement last week that the presence of American troops in Iraq "will be decided by future presidents and future governments of Iraq'' shows, like nothing else, how far the US-led invasion of Iraq has strayed from its original conception.
      538 words
    • Article, Illustration
      Lock icon Is the US economy today safe as houses?
      765 22  -  THE BOTTOM LINE PAUL SAMUELSON Tribune Media Services WILL the bursting real estate bubbles in the US cripple global growth? The short answer to this question is probably not. The longer answer is maybe. After all, the burst 2000 Wall Street high-tech
      Tribune Media Services  -  765 words
    • Article, Illustration
      Lock icon Managing migration of labour in S-E Asia
      933 22  -  Govts should develop socio-economic justification for migrants and act to protect them By PHILIP MARTIN Mis a global issue often spotlighted by tragedies, such as when a ship overloaded with migrants sinks. The number of migrants worldwide has doubled in the past 25
      REUTERS  -  933 words
    • Article
      Lock icon Give S'pore brands time to grow
      715 23  -  It's tough for a young nation's young brands to compete with foreign brands which have been around for generations By SURESH KUMAR ONE of the constant refrains these days seems to be that Singapore brands are just not there when it comes to a
      715 words
    • Article
      Lock icon Mind the noise pollution on the MRT
      205 23  -  Matthew Chang NOISE pollution in a city is inevitable but not in our MRT trains and stations via unnecessary PA systems announcements and can and should be eliminated. In recent weeks such announcements include "Mind the platform gap". For more than a decade
      205 words
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      Lock icon US headed down a slippery slope to xenophobia
      1258 23  -  By STEPHEN ROACH BY happenstance I found myself in both Beijing and Dubai this past week two of the more recent flashpoints in a US-led pushback against globalisation. What 1 found in both cities unsettled me disappointment and frustration over America's attitude
      REUTERS  -  1,258 words
    • Article
      Lock icon Bottom 20% of households not worse off than in 1980
      430 23  -  LETTERS TO THE EDITOR Kevin Shum Director Social Support Division 1 Ministry of Community Development,Youth and Sports Singapore I REFER to the letter by Mr Leong Sze Hian, "Just how many needy S'poreans are there today?" (BT, March 8). Mr
      430 words
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  • Article
    Lock icon SINGAPORE STOCKS
    11406 24 SGX MA1NB0ARD 52-WV Tt» Last Vol Day Last Quote GrOiv Div GrYld Net MCap High Low Code Company Sale C000) High Low luytr Sdfcr Cw PTE SmS 5 1 5716 1st Software 5c 1.5 unch 2233 1.5 1 1.5 2 6.1 18.5 6 3148 8Telecom US2c 8.5 +0.5
    11,406 words
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  • Article
    Lock icon FINANCE & COMMODITIES
    6081 25 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In local curr In S$ In USS dy yr dy yr dy %yr 3* Index Change Change Change Change Change Change The World Index Preliminary 1025.7 0.4 5.8 0.5 3.5 Q.4 6i EAfE Preliminary 1043.5 0.5 7.2 0.7 5.5 0.6 8.3 Europe Preliminary
    6,081 words
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      1347 26 NYK GROUP S oo AS'A PTE LTD \L_4 HflMj rmO wjt TEL:6295 0123 J™*"" 5??S? ri!L s S?, l iS^ l Jr IN,E: Fax:6292 2856(Regionalsales)/6239 7109(0P5y6299 5785(Documentation) NIPPON YUSEN KAISHA TOKYO StWAXU KASHA, 170- (C/R NO' **********00 UK CONTINENT SERVICE U.S.A SERVICE Destination Destination ERIKOUSA RDM/ATW/BMN/TLB/NAN HANJIN HOUSTON VCB/VCW/LAX/MZL NASSAU
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      752 26 IINTERASIA RORO SERVICE vpsa/voY ramhito hbchumi to kch ia aw jkt ~1 STRAITS VENTURE 06/04 1 5 3.? 06/04 09/04 N/04 73/04 25/04 STRAITS VENTURE 07/06 15 3.2 27/04 30/04 04/05 07/05 09/05 STRAITS VENTURE 06/06 15 3.2 11/05 15/05 18/05 21/05 23/05 [AUSTRALIAN RORO SIRVTCI vßsa/vor munrom hbghtqu io
      752 words
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  • Page 27 Advertisements
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      1123 27 WAN HAI INTERNATIONAL PTE LTD a** IWSWOOOO/B W\ WAN HAI LINES «»>6226i200 Y V ,lwll fci«Wfc«# HQ 1H: (03) *****088 MX: (03) *****75S RMIH: (04) *****00 MX: (04)*****99 X JOHIH: (07) *****23 MX: (07)*****21 St* ItL (031) *****75 Ml- (031) *****)4/ *****05 www.wanhai.con.sg *TlH:|o2l)S2S4rBBMX:|o2l)s2S47l»nillß:7l*3lo/7)t3»> MX:71*379 n TH: INI) 4157U3 MX:
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      2183 27 VESSEL VOY SIN JIT MIP PUS VKSEL VOY_ SIN JKT SUB HKG USN PUS HANJIN POHAMG 0302E 31/3 2/4 1/4 12/4 KMK SINGAPORE 604S 2/4 5/4 6/4 "li/4 15/T 14/4 HANJIN SEOUL D3QOW 7/4 J/4 IS/4 If/4 KMTC KEELUNG 604S »/4 11/4 13/4 11/4 22/4 23/4 VESSEL VOY SIM USA
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  • THE BUSINESS TIMES SHIPPING TIMES
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      Lock icon THE BUSINESS TIMES SHIPPING GUIDE EXPORT
      5405 28 This Cf V ss 1 Telephone HA ETA Advcrthcr Vend Voyaae Telephone SIR Dest'n Name Mime Nmbar Number W IWi Im Name MwnbeT To ABIDJAN (ABJ) 2003 Cote D'lvoir* To FREMANTLE < FRE 2130 Australia 05/04 28AM Delmas DELMAS KERGUELEN 617W *****344 prSfkfl? mummm
      5,405 words
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      229 28 ft Sms Bs ***** wmi WT3 m>M wffn I m"m ißu Sssa XT&r 8., f? M -hkB JCOn PKSISI is/5 —\m Pk( Un6KA zzjjg^ 111 P>C lANCKA 5267 ***** lt/04 VESSU VOY SUM ntWF^^^hJftvlfwrTSSS^TSfSSlT!^^^™ AUMJAYA2 R55 Wm ffT7fa— Pft"MATIIHA PHim ftS 'ni n'ni W nffn.* 1^ JAKARTA STAB II FITS
      229 words
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      240 28 VESSEL VQY PKI SIN KARACHI DXB BAB NHS DMM TBIK KHOR IRAN KORDESTAN PCI 8129 02/04 03/04 12/04 15/04 16/04 25/04 28/04 SHAHRYAR PCI 8130 11/04 12/04 21/04 24/04 25/04 30/04 02/05 05/05 IRAN BAABAEI PCI 8131 18/04 19/04 28/04 01/05 02/05 08/05 11/05 14/05 VESSEL TvOY SIN NHAVA SHEVA
      240 words
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      Lock icon Page 28 Advertisements Column 3
      109 28 i BSAi MYANMA n FIVE STAR LINE (Myanmar National Line) Loading for Yangon VESSEL vor SIN PKL PEN PGU CHIN SHWE HAW 90W SID PAGAN 349W SID IN MALAHIA: lOUSTEAD SHIPPING AGENCIES KUI/PKL 03-*****388 PEN: 04-*****15 ACCEPTIN6 CONVENTIONAL C6O VB» VOT HKG SIN PU MARINE EMBLEM 33 SU> SID RAVE
      109 words
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      1761 29 €0 NOTICES 0 ree; 1800-289-8822 Email: notices@sph.com.sg SS5i MEGACHEM LIMITED (Company Registration Number: *****3293 M) MegaLnem (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MFFTINft NOTICE S HER^ B> the AOnUal Genera Meeting of the Company will be held at 132 Pioneer Road, Singapore *****8 on 17 April
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      167 29 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTERS OF (1) Home Solutions (S) Re Ltd (In Creditors' Voluntary Liquidation) Reg. No. *****5792 M (2) Home Solutions Services (S) Re Ltd (In Creditors' Voluntary Liquidation) Reg. No. *****6391Z NOTICE OF RESOLUTION At an Extraordinary General Meeting
      167 words
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      Lock icon Page 29 Advertisements Column 3
      422 29 In the Matter of The Companies Act, Cap. SO And In the Matter of Big Ocean Corporation Pte Ltd (Company Registration No. *****1004N) (In Members' Voluntary Liquidation NOTICE is hereby given that the Creditors of the above-named Company are required on or before 4.00 p.m. on 28 April 2006 to
      422 words
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      Lock icon Page 29 Advertisements Column 4
      402 29 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF GU INVESTMENT PTF ITn (Co. R M No lQQSnniO7M> (In M#mb«r»' Voluntary Liquidation) NOTICE OF FINAI MFFTINft NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50 that a Final Meeting
      402 words
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      Lock icon Page 29 Advertisements Column 5
      1856 29 NOTICE OF ANNUAL GENERAL MEETING AS ORDINARY mieMJcee "Maximum Price" in relation to a Share to be purchased or acquired, means an amount Dua,ncao (excluding brokerage, commission, stamp duties, applicable goods and services tax, 1. To receive and, if approved, to adopt the Audited Accounts for the financial year ended
      1,856 words
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      Lock icon Page 29 Advertisements Column 6
      1185 29 COLEX HOLDINGS LIMITED Registration No.: *****1485G (Incorporated in the Republic of Singapore) I 6****! NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at 541 Orchard Rood #05-04 Liat Towers, Singapore *****1, on Thursday, 20 April 2006, at 10.00
      1,185 words
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  • PROPERTY
    • Article
      Lock icon Centrepoint highest bidder for SingTel site
      500 30  -  Award delayed as Sing Tel seeks to reduce premium payable to state Reports by KALPANA RASHIWALA CENTREPOINT Properties has emerged as the highest bidder for SingTel's former warehouse site on West Coast Road, but its award has been delayed as SingTel is seeking to
      500 words
    • Article
      Lock icon Newton Meadows up for en bloc sale
      193 30 THE en bloc fever is infectious—this time, the owners of the freehold Newton Meadows have caught it. Sources say the price expected is about $75 million, or about $680 per square foot of potential gross floor area inclusive of an estimated $6.9 million
      193 words
  • Page 30 Advertisements
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      444 30 Existing 3-storey apt block with pool 10 strata-titles Foreigners eligible Land: 45,006 sf GFA: 18,234 sf Who needs a map Potential for Addition Alteration works for Nassim Road? Nassim Rd most sought-after address Rare apt block in Nassim GCB area Closing on 28 Apr '06 (Fri), 3.00 pm /Nanyang Glrts\.
      444 words
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      Lock icon Page 30 Advertisements Column 2
      256 30 LUXURY RESIDENTIAL DEVELOPMENT SITE FOR SALE BY TENDER 31 Tomlinson Road u locality, ideal for super o\kl luxury condominium ll development Site area approximately \\&r ryy 76,888sqft Plot Ratio 2.8 VJ, j A 9 He '9 ht control up to 36 storeys Potential to build 107 units of A°>\ 2,000
      256 words