The Business Times, 11 May 2006

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Microfilm: NL26675
Total Pages: 36
1 36 The Business Times
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  • Title Section
    Lock icon Masthead
    15 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asial.com.sg MICA (P) 099/03/2006 Thursday, May 11,2006
    15 words
  • Article, Illustration
    Lock icon US okay sends pulse of local company racing
    542 1  -  By CHEN HUIFEN [SINGAPORE] A homegrown healthcare company has been granted US Food and Drug Administration (FDA) certification for a blood pressure monitoring wristwatch that could make tens of millions of dollars in the massive US market and beyond. "It's like a
    FILE PHOTO  -  542 words
  • Article, Illustration
    Lock icon Dubai port operator allays S'pore fears
    776 1  -  It is not going after anyone's turf but is creating an additional market, says CEO By DONALD URQUHART [SINGAPORE] Singapore should not be worried about Dubai's rapid rise on the world maritime scene, says the chief executive of Dubai Ports World, which rocketed from
    776 words
  • Article
    Lock icon Q1 GDP results next week
    47 1 THE Ministry of Trade and Industry will release information on the first-quarter performance of the Singapore economy next Wednesday, May 17 at Bam. The key findings will be available on the ministry's website at http://www. mti.gov. sg as well as at http://www.singstat.gov.sg
    47 words
  • Article
    Lock icon MARKETS DIGEST
    135 1 STI 2,642.89 (+13.21) ST INDEX FUTURES 2,644.00 (+1400) SIMSCI ***** (+0.82) SIMSCI FUTURES 313.70 (-0.10) MARKETS Wednesday Change KLSE COMP 966.62 -0.26 NIKKEI 225 16,951.93 -238.98 HANG SENG 17,080.59 -53.40 SET INDEX 784.28 -1.10 JAKARTA COMP 1,539.40 +6.78 MANILA COMP 2,529.49 +17.26 SEOUL COMP 1,451.09 +0.65 SHENZHEN B
    135 words
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  • TOP STORIES
    • Article, Illustration
      Lock icon $60m plan to turn Seletar Airport into aviation hub
      726 2  -  140 hectares of adjacent land to be developed as aerospace park By VEN SREENIVASAN [SINGAPORE] In a move that will transform Singapore's relatively quiet north-east corridor into the island's second aviation hub, the Economic Development Board (EDB) and JTC Corporation yesterday
      FILE PHOTOS  -  726 words
    • Article
      Lock icon Tokyo markets gripped by talk of rate upturn
      492 2  -  By ANTHONY ROWLEY in Tokyo TOKYO financial markets are gripped by speculation that the Bank of Japan could end its zero interest rate policy and raise shortterm policy lending rates to 0.25 per cent as early as next month, instead of in
      492 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      473 2 HK widens lead over S'pore in competitiveness rankings HONG KONG has widened its lead over Singapore in the latest rankings of country competitiveness. But the two Asian economies ranked second and third are closing the gap on the global leader, the United States. According to the World Competitiveness
      473 words
    • Article
      Lock icon Exclusive deals do not bar new pay-TV players
      682 2  -  No substantial hurdle to access to key content: MDA By AMITROY CHOUDHURY [SINGAPORE] In a development that could have far-reaching consequences for Singapore's pay-TV market and fledging IPTV (Internet Protocol TV, or TV over the Internet) services, the Media Development Authority (MDA)
      682 words
    • Article, Illustration
      Lock icon HK stretches lead over S'pore in competitiveness
      567 3  -  But both economies narrow gap with world leader US, says IMD By ANNA TEO [SINGAPORE] Hong Kong has widened its lead over Singapore in the latest rankings of country competitiveness. But the two Asian economies ranked second and third are closing the gap
      Source: IMD World Competitiveness Yearbook 2006  -  567 words
    • Article, Illustration
      Lock icon SIA shares hit by downgrades
      520 3  -  By VEN SREENIVASAN [SINGAPORE] The stock of Singapore Airlines yesterday suffered one of its biggest one-day falls this year as analysts downgraded it following SlA's warnings on fuel prices and a revelation that its board may not be keen to divest two listed units. At
      BLOOMBERG; Source: Bloomberg  -  520 words
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  • Page 3 Advertisements
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      21 3 I I Inviting tenders? Call" 1800 289 8822 or email notices@sph.com.sg to book your tender notice in our newspapers now. notices
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  • COMPANY NEWS
    • Article
      Lock icon StarHub: Q1 net profit doubles to $61.4m
      516 4  -  Second-largest telco's earnings slightly below expectations By SIOW LI SEN STARHUB Ltd yesterday reported a doubling of firstquarter net profit to $61.4 million on double-digit growth of subscribers for its three major businesses of mobile phones, cable TV and Internet. The earnings of
      516 words
    • Article
      Lock icon CapitaLand: Q1 net up 86.5% to $130.6m
      435 4  -  By UMA SHANKARI CAPITALAND'S first-quar-ter net profit surged 86.5 per cent to $130.6 million. This was despite a 10.5 per cent drop in revenue, which was attributed mainly to its China and Australia operations. The property group said the year-on-year surge in earnings
      435 words
    • Article, Illustration
      Lock icon Sincere's Q4 net profit slips 5% to $9m
      545 4  -  By NANDE KHIN LUXURY watch retailer Sincere Watch yesterday reported a 5.3 per cent year-on-year slip in its fourthquarter net profit to $9.05 million despite a 10.38 per cent rise in revenue to $91.8 million. For the full year ended March 31,
      ARTHUR LEE  -  545 words
    • Article
      Lock icon Parkway's Q1 profit up 14%
      146 4 Bloomberg PARKWAY Holdings Ltd, Singapore's biggest operator of private hospitals, said first-quarter profit rose 14 per cent because it attracted more foreign patients who traveled to the city-state for complex medical treatments. Net income rose to $15.4 million, or 2.11 cents a share, in the
      Bloomberg  -  146 words
    • Article
      Lock icon How useful is info on trades by insiders?
      708 4  -  HOCK LOCK SIEW By R SIVANITHY WHEN China Paper's major shareholders sold a large block of their shares a few weeks ago, the* share price collapsed, with the shock waves rippling through other Singapore-listed China stocks. The stock market, not unnaturally, tends
      708 words
  • Page 4 Advertisements
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      1027 4 Jfe, HENGXIN WSW TECHNOLOGY HENGXIN TECHNOLOGY LTD. (Incorporated in the Republic of Singapore on 18 November 2004) (Company Registration No. *****4927H) Invitation in respect of 84,000,000 New Shares comprising: (a) 5,000,000 Offer Shares at the Issue Price of 550.25 for each Offer Share by way of public otter, and (b)
      1,027 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Banks help STI recover – again
      511 6  - Banks help STI recover again STOCKS Broad market indicators point to continued interest in second-line stocks R SIVANITHY Senior Correspondent AFTER dropping 28 points on Tuesday, the Straits Times Index yesterday recovered 13.21 points at 2,642.89, thanks largely to a bounce in the banks that cancelled out a steep fall
      Source: Bloomberg  -  511 words
    • Article, Illustration
      Lock icon TRADES TO WATCH
      1021 6 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS (Disclosures made on May 10 and earlier) Subsantial No of Price SHAREHOLDING Trans Shareholder/ Buy/ Shares Per Before After Stock Date Director Sell '000 Shr S ('000) ('000) Midas Hldgs 10-May-06 Gay Chee Cheong Buy 5000 0.82 ***** 2.90 ***** 3.55 Midas Hldgs 10-May-06
      1,021 words
    • Article, Illustration
      Lock icon BROKERS' TAKE
      940 6  -  Compiled by UMA SHANKARI Singapore Airlines May 10 close: 5514.10 ÜBS INVESTMENT RESEARCH, May 10 SLA's full-year adjusted EPS was modestly below our expectations (4 per cent), as lower hedging gains led to a 60 per cent increase in Q4 fuel costs. Q4 operating earnings fell 10 per
      Source: Bloomberg  -  940 words
    • Article, Illustration
      Lock icon Gold rush takes centre stage, yen impresses
      537 6  -  CURRENCIES LARRY WEE Senior Correspondent GOLD exploded past fresh 26-year highs of US$7OO per ounce in overnight trading, surging in tandem with record highs for platinum and leading industrial metals such as copper and zinc. And ahead of a closely watched US Treasury
      Source: Reuters  -  537 words
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  • COMPANY NEWS
    • Article
      Lock icon Great Eastern's Q1 net profit up 6% to $95.3m
      358 7  -  By GENEVIEVE CUA GREAT Eastern Holdings' (GE) first-quarter net profit rose 6 per cent to $95.3 million, thanks to a strong 34 per cent rise in new business premiums particularly in Singapore. Profits from insurance operations (life and general) rose 2
      358 words
    • Article
      Lock icon Haw Par's Q1 profit boosted by newly acquired associate
      293 7  -  Earnings surge 38% even as revenues slip marginally By MICHELLE QUAH HAW Par Corporation saw a boost to its bottomline for its first quarter, thanks to contribution from its newly acquired associate company, Hua Han Bio-Pharma-ceutical Holdings. Haw Par's net profit
      293 words
    • Article
      Lock icon ComfortDelGro posts flat quarterly profit
      253 7 Reuters COMFORTDELGRO, the world's No 2 land transport firm by fleet size, posted flat quarterly profit as higher spending on fuel offset a rise in sales. The Singapore company, who'se 40,000 vehicles make it second only to US Greyhound bus line owner Laidlaw International, said
      Reuters  -  253 words
    • Article, Illustration
      Lock icon Hyflux Q1 profit up 7% to $9.6m
      495 7  -  Earnings rise comes as revenue surges 39% to $33.7m By MATTHEW PHAN WATER-TREATMENT specialist Hyflux's net profit rose 7 per cent year-on-year to $9.6 million for its first quarter ended March 31, 2006. This came on the back of a 39 per cent
      495 words
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  • STOCK FOCUS
    • Article, Illustration
      Lock icon Stamford Tyres on track
      1638 8  -  If things go according to plan, shareholders of the company may be in for a few pleasant surprises, says TEH HOOI LING TEH HOOI LING HIGH leverage can work both ways. In good times, when the top line is growing and operating profit margin is steady,
      ARTHUR LEE  -  1,638 words
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      497 8 JL COSCO CORPORATION (SINGAPORE) LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number: *****0159G) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting ("EGM") of COSCO Corporation (Singapore) Limited (the "Company") will be held on Friday, 26 May 2006 at 11.30 a.m. at Pan
      497 words
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      Lock icon Page 8 Advertisements Column 2
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  • COMPANY NEWS
    • Article
      Lock icon AIS profit dips amid stiff competition
      468 9 Worse than expected results push share price down 2% By OUR CORRESPONDENT in Bangkok ADVANCED Info Services (AIS), the crown jewel of Shin Corp, Thailand's largest telecommunication conglomerate, yesterday reported a drop in its first-quarter revenues amid intense competition in the mobile market. AIS,
      468 words
    • Article
      Lock icon CWT Distribution: Q1 earnings up 53% to $2.8m
      266 9  -  By UMA SHANKARI CWT Distribution saw its first-quarter earnings climb 53 per cent a jump the logistics provider attributed in part to newly acquired Indeco Engineers Pte Ltd. The group said yesterday that net profit for the three months ended March 31
      266 words
    • CORPORATE RESULTS
      • Article
        Lock icon ECS posts 16.3% increase in Q1 profit
        75 9 ECS Holdings, a regional infocom technology solutions provider, said net profit increased 16.3 per cent to $3.3 million in first quarter of 2006. Earnings per share rose to 0.92 cent from 0.81 cent. The group achieved a 21.7 per cent jump in revenue
        75 words
      • Article
        Lock icon Eu Yan Sang Q3 net profit up 25%
        53 9 EU Yan Sang, a health care group focused on traditional Chinese medicine, said net profit rose 25 per cent to $4.3 million in its third financial quarter ended March. Revenue was up 10 per cent at $51.6 million. Sales were driven by
        53 words
      • Article
        Lock icon Celestial Q1 net profit increases 33.5%
        46 9 CELESTIAL NutriFoods, a soya protein based food and beverage product manufacturer, said net profit increased 33.5 per cent to 82.5 million yuan (S$ 16.2 million) in the first quarter of 2006. Sales increased 34.4 per cent to 231.3 million yuan.
        46 words
      • Article
        Lock icon HTL achieves doubledigit Q1 growth
        56 9 SOFA maker and leather tanner HTL International Holdings has achieved double-digit growth in revenue and net profit for the first quarter of 2006. Group turnover rose 26.9 per cent to $158.5 million, while net profit increased 10.6 per cent to $11.8 million. Growth was led
        56 words
      • Article
        Lock icon Food Empire posts 68.1% net profit rise
        51 9 FOOD Empire Holdings, a food and beverage manufacturing company, reported a 68.1 per cent increase in net profit to $7.9 million in the three months ended March 2006. This was on the back of a 29.2 per cent increase in revenue to $55.1
        51 words
      • Article
        Lock icon Cerebos Q2 net profit increases 3%
        69 9 FOOD and beverage group Cerebos Pacific said turnover for its second quarter ended March 2006 grew a marginal one per cent to $152.7 million. Excluding a translation loss of 11.5 million, sales grew 9 per cent, due to strong consumer demand for its core
        69 words
    • Article, Illustration
      Lock icon Datacraft Q2 earnings soar
      500 9  -  By AMIT ROY CHOUDHURY DATACRAFT Asia achieved a near five-fold rise in second-quarter net profit from US$2.l million to US$lO.3 million helped by an insurance settlement and the success of its focus on quality business and margins. The group benefited from an insurance settlement amounting to
      500 words
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      51 9 Since 1856, we have focused on bringing new perspectives to our dients. Understanding the past but shaped by the future. Always looking at opportunities and chalenges from a long-term point of view. Because we know the future doesn't just happen. It has to be built. www.credit-suisse.com Thinking New Perspectives. Credit
      51 words
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  • SINGAPORE INTERNATIONAL
    • Article, Illustration
      Lock icon Look south for business, S'pore firms urged
      961 10  -  Australia and New Zealand are less risky and pose fewer barriers to entry in terms of business culture and language. CHEN HUI FEN reports CHEN HUI FEN AUSTRALIA and New Zealand are well known to Singaporeans as fun holiday destinations, but they are
      LIANHE ZAOBAO  -  961 words
    • Article, Illustration
      Lock icon Yeo's hot in Australia and New Zealand
      640 10  -  By CHUANG PECK MING MORE people from Southeast Asia are emigrating to Australia and New Zealand. At the same time, the reverse flow is also strong though most Australians and New Zealanders are not coming to stay for good. They are here to
      640 words
    • Article
      Lock icon Why MatrixView likes it there
      388 10  -  By CHUANG PECK MING IT was a trade mission two months ago that speeded things up. "While we had plans to market to both these countries, the mission trip to New Zealand was a trigger that prompted us to begin to actively market in Australia
      388 words
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      83 10 M I ±J THE BUSHES tiMES I SINGAPORE As the lead agency tasked to promote greater awareness and utilisation of Singapore's FtAs, International Enterprise Singapore provides if" 1 one-to-one consultation sessions on FTAs via appointments. Our FTA consultants will visit your company and equip you an your s a on
      83 words
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  • SINGAPORE NEWS
    • Article
      Lock icon Trading in Singapore govt bonds to go electronic
      472 11  -  MAS may also set up a central lending facility for Singapore-dollar bonds By SWATI CHAUDHARY TRADING in Singapore Government Securities is moving to an entirely electronic system, following extensive tests of the new bond trading platform. The new system was developed by
      472 words
    • Article, Illustration
      Lock icon 'Terrorist attack' tests S'pore finance
      576 11  -  By MATTHEW PHAN SINGAPORE'S financial sector has emerged unscathed in the first major staged "terrorist attack" on the regional financial hub. Participants spoke yesterday about how more than 100 financial institutions and regulatory authorities in Singapore including all major local and foreign banks, the Monetary
      576 words
    • Article
      Lock icon Chee Soon Juan, sister file defence against defamation suit
      320 11  -  By MICHELLE QUAH The lawyer acting for Singapore Democratic Party (SDP) leader Chee Soon Juan and his sister Chee Siok Chin filed papers yesterday in defence against a defamation suit brought against them by Minister Mentor Lee Kuan Yew and' Prime
      320 words
    • Article
      Lock icon Results of maiden overseas voting released
      386 11  -  By DANIEL BUENAS THE Elections Department yesterday announced the results of the maiden voting exercise by overseas Singaporeans, with 324 of the 553 registered casting their ballots. In total, 335 votes were cast, including those of 11 election officials who are not registered as
      386 words
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      1892 11 NIOTICFS 1 X IV> Li C-/ Toll free: 1800-289-8822 Email: notices@sph.com.sg EAGLE BRAND HOLDINGS LIMITED (Incorporated in Bermuda with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Eagle Brand Holdings Limited ("the Company") will be held at sth Floor, Foshan Shiwan
      1,892 words
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  • ECONOMY WATCH
    • Article
      Lock icon Fed's rate hikes have failed to slow US economy
      508 12 But it succeeds in raising borrowing costs to curb spending Bloomberg [WASHINGTON] The Federal Reserve's nearly twoyear campaign to make money more expensive has finally begun to succeed. What it hasn't done yet is slow the US economy enough to ensure
      Bloomberg  -  508 words
    • Article
      Lock icon China needs to tighten further: World Bank
      203 12 Reuters [BFIJING] China needs to take extra steps to cool its red-hot economy on top of last month's interest rate hike, the World Bank said yesterday. In its latest quarterly economic update, it raised its forecast for China!s 2006 gross domestic product growth
      Reuters  -  203 words
    • Article
      Lock icon G-7 stresses importance of currency flexibility
      550 12 Reuters [WASHINGTON) To listen to Group of Seven (G-7) finance chiefs over the past few weeks, you would be forgiven for thinking the rich nations club favours devaluing its currencies en masse against those of the developing world. Although few experts now seem 100
      Reuters  -  550 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      6131 12 UNIT TRUSTS FUNDS ACMGI Amet Income B USD 8.52/ ACMGI Amei Income A EUR 6 68/ ACMGI Amet Income B EUR 6.68/ AMI Amro Asset Mgt (S pore) ACMGI Ei*op Income Opp AT SGD 1b 08/ Star Ei*ope Eqty! 0.96& ACMGI Ei*op Income Opp BT SGD 15 08/ Star Ei*ope
      6,131 words
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  • MALAYSIA/INDONESIA
    • Article
      Lock icon Privatisation may help get KTMB back on track
      431 13 M'sian govt seeking to reduce financial burden: official [KUAIA LUMPUR] The Malaysian government may let the private sector take over the management of national rail company Keretapi Tanah Melayu Bhd (KTMB) as it seeks to reduce its financial burden in developing railway
      431 words
    • Article
      Lock icon Indonesia, Iran to build multi-billion-dollar refinery
      237 13 AFP [JAKARTA] Indonesia and Iran were due to sign a deal yesterday to develop an oil refinery on densely-popu-lated Java island worth up to US$5 billion that will largely target China, an official said. Elnusa, a unit of Indonesian state energy firm Per- tamina,
      AFP  -  237 words
    • Article
      Lock icon BURSA MALAYSIA
      2402 13 vol Gamuda 4.24 0.04 2122 jBM C000) General Corp 0.68 0.01 212 Genting .24.70 0.10 634 ASM Realty 1.42 -0.01 1 George Kent 0.60 -0.02 67 "f?- 02 499 GHL Systems „..0.29 -0.01 8982 ACP Industries 1.15 -0.02 268 Globetronics Tech 0.34 -0.01 1977 Advance Synergy 0.25 -0.01
      2,402 words
    • Article
      Lock icon M'sia to ease entry permit for China tourists
      522 13 Online visa application from June aimed at boosting arrivals Bloomberg [KUALA LUMPUR] Malaysia will ease entry permit requirements for tourists from China starting next month as part of its plan to boost arrivals and attract higher-spending visitors. Malaysia will allow China tourists
      Bloomberg  -  522 words
  • Page 13 Advertisements
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      1015 13 SINGAPORE IO RIENTALIST WOVEN ART VH| Classics Moderns Tribals Antiques and Collectables Handknottcd 1 Nassim Road Singapore *****8 Tel: 6235 3343 www.theorientalist.com ~Ji Restoration Consultation Professional Cleaning >AT^ 'cSf MOTICFS 1 1 1 Toll free: 1800-289-8822 Email, notices@sph.com.sg m BIOSENSORS INTERNATIONAL BIOSENSORS INTERNATIONAL GROUP, LTD. (Incorporated in Bermuda with limited
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  • GREATER CHINA
    • Article, Illustration
      Lock icon Citigroup drops plan to buy 40% of Guangdong Development
      615 14 Scrapped proposal lets it salvage US$3b takeover it is leading Bloomberg [HONG KONG] Citigroup Inc, bowing to Chinese rules, abandoned a plan to take a 40 per cent stake in Guangdong Development Bank to salvage a US$3 billion takeover of the
      Bloomberg; BLOOMBERG  -  615 words
    • Article
      Lock icon China considers opening futures markets to foreigners
      331 14 Reuters [SHANGHAl] China is considering plans to allow foreign investors limited access to trade commodity futures contracts to help pave the way for a futures and derivatives exchange, sources said on Tuesday. Direct trade by foreign institutional investors is currently limited to China's
      Reuters  -  331 words
    • BRIEFLY ASIA
      • Article
        Lock icon Bank of China eyes Shanghai float after HK IPO
        122 14 Reuters [HONG KONG] Bank of China, planning a US$9.B billion Hong Kong initial public offering, may shortly thereafter list up to 20 billion yuan (553.9 billion) in domestic A shares on the Shanghai bourse, according to a preliminary listing document seen
        Reuters  -  122 words
      • Article
        Lock icon TSMC's April sales jump 43.7% to NT$27b
        84 14 AP [TAIPFI] Taiwan Semiconductor Manufacturing Co, the world's largest contract chipmaker by revenue, said yesterday its April sales surged 43.7 per cent to NT527.16 billion (S$ 1.4 billion) compared to the same month last year. TSMC didn't give a reason for the increase.
        AP  -  84 words
      • Article
        Lock icon Hong Leong Bank Q3 profit rises 21% on lending, fees
        123 14 Bloomberg |KUAIJ\ LUMPURI Hong Leong Bank Bhd, Malaysia's sixth-largest lender, said third-quarter profit rose 21 per cent after it expanded lending and earned more fees. Net income rose to RM 164.6 million (Ss72 million), or 10.8 sen a share, in
        Bloomberg  -  123 words
      • Article
        Lock icon Indonesian construction firm targets US$1 b M-E deals
        130 14 Reuters [JAKARTA] Indonesian construction firm PT Adhi Karya Tbk is aiming to secure US$l billion worth of projects in the Middle East over the next three years, a minister said yesterday. Indonesia's State Enterprises Minister Sugiharto, said the state-run firm would aim
        Reuters  -  130 words
    • Article
      Lock icon Scotiabank eyeing stake in Shenzhen Commercial Bank
      428 14 IHONG KONG] Scotiabank, Canada's third-largest bank by assets, is looking to buy part of Shenzhen Commercial Bank, The Standard reported sources close to the Chinese lender as saying. The Canadian bank is currently negotiating the purchase of an unspecified stake in the Chinese
      428 words
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      2187 14 KA NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 5C AND IN THE MATTER OF EXCEL ADVANCED TECHNOLOGY PTE. LTD. (PROVISIONAL LIQUIDATORS APPOINTED) (Company No. *****5039E) NOTICE OF CREDITORS' MEETING PURSUANT TO SECTION 296 OF THE COMPANIES ACT, CAP. 50 NOTICE IS HEREBY GIVEN that pursuant to Section 296
      2,187 words
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  • INDIA
    • Article, Illustration
      Lock icon Banks bear brunt of IPO scam
      613 15 Branch applications by banks involved in IPO scam have been put on ice [MUMBAI] The Reserve Bank of India (RBI) has put on hold all applications for opening of new branches by banks penalised early this year for violation of customer identification norms in
      BLOOMBERG  -  613 words
    • Article
      Lock icon Rreef to invest US$300m in India
      413 15 Bloomberg [SINGAPORE] RreefTDß Real Estate, a unit of Deutsche Bank AG, says it plans to start a global fund that will invest as much as US$3OO million in India to tap an expected surge in demand for property. The country will probably need 6.9
      Bloomberg  -  413 words
    • Article
      Lock icon Foreign inflow lifts shares to new high
      236 15 Reuters [MUMBAI] Indian shares rose 0.8 per cent to a new closing high yesterday, led by ICICI Bank Ltd and Reliance Industries Ltd, as foreign investors made fresh purchases on good growth expectations for corporate India. Shares in ICICI Bank rose 3.5 per
      Reuters  -  236 words
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      186 words
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      185 15 > K 1 M Credit Agricole Private Bank. Imagine a private bank that combines strength and dedicated service Backed by an extensive international network and the significant leverage that comes with being a member of the world's sth largest banking group*, Credit Agricole Private Bank is a frontrunner in personal
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  • ASIA-PACIFIC
    • Article
      Lock icon Set date for new polls, Thai court tells govt
      587 16 New date could be months away; Thaksin to run for parliament seat AFP Bloomberg Reuters (BANGKOK! A Thai court yesterday ordered the government and election authorities to set a date for new polls, as outgoing prime minister Thaksin Shinawatra remained coy
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    • Article
      Lock icon Citibank Japan hit by computer glitch
      344 16 AP [TOKYO) A computer problem at Citibank branches in Japan botched 274,800 bank transactions over the past week, the latest in a string of embarrassments for the largest US financial house in the Japanese market. The glitch affected transactions from May 2-8, and the
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    • Article
      Lock icon Kookmin may seal KEB deal next week
      242 16 Reuters [SEOUL] Kookmin Bank may seal a formal agreement on a US$6.9 billion deal to buy a majority stake in smaller rival Korea Exchange Bank (KEB) as early as next week, senior Kookmin officials said yesterday. The remarks appear to calm concerns over
      Reuters  -  242 words
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      440 16 Club Card To apply, call 6416 0980 A World of Exclusive Privileges Treats Diners Club V" international' Come 13 14 May, a host of dining delights awaits. In addition to attractive weekend stays and St Gregory Spa treatments to be won, one lucky Mum will walk away with a Carven
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      117 16 Hop on for some R 48wl j| j armchair travelling at your dining table! You don't have to buy a plane ticket to Taiwan, IJ| let the country famous \for its round-the-clock food streets and eating I houses, come to you right here at the club's Captain's Table. Feast on
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  • WORLD
    • WORLD WATCH
      • Article
        Lock icon US gasoline supply up 2nd straight week
        66 17 Reuters [NEW YORK] US gasoline stockpiles rose a robust 2.4 million barrels, the second straight week of increased supply, and commercial crude oil supply gained 300,000 barrels, weekly federal government data issued yesterday showed. The build in gasoline brought inventory to 205.1 million
        Reuters  -  66 words
      • Article
        Lock icon Toyota Q4 profit soars 53.2%
        134 17 Reuters [TOKYO] Toyota Motor Corp, the world's most profitable car maker, posted a 53.2 per cent rise in quarterly operating profit yesterday on healthy sales, cost cuts and a weaker yen. It forecast more growth this year as it adds production capacity around the globe.
        Reuters  -  134 words
      • Article
        Lock icon Disney profit up 12% on theme parks, TV
        97 17 Reuters [LOS ANGELES] Walt Disney Co reported al2 per cent rise in quarterly profit on Tuesday as strength in its television business and theme parks outweighed a sharp drop in profits at its film studio. Earnings topped Wall Street expectations for Disney,
        Reuters  -  97 words
      • Article
        Lock icon Verizon in US$8b phone line deals
        94 17 Reuters [NEW YORK] Verizon Communications Inc may sell some of its traditional phone lines in two deals that could fetch as much as US$B billion, according to a report on the Wall Street Journal's website yesterday. One deal, involving packages of access lines in
        Reuters  -  94 words
      • Article
        Lock icon No more shrine visits, Koizumi urged
        95 17 AP [TOKYO] A powerful business group is urging Japan's prime minister to reconsider his visits to a Tokyo war shrine because of worsening ties between Japan and China, linked by billions of dollars in trade. But Prime Minister Junichiro Koizumi has rejected the campaign,
        AP  -  95 words
      • Article
        Lock icon Time wins top US award for Katrina
        99 17 NYT [NEW YORK] Time won the top national magazine award on Tuesday-night, placing first in the general excellence category for magazines with a circulation of more than 2 million. The weekly was honoured for its coverage of Hurricane Katrina and its look inside
        NYT  -  99 words
      • Article
        Lock icon Over 7,000 jobs cut in UK industry
        74 17 [LONDON] More than 7,000 jobs were cut across British industry on Tuesday as the cable operator NTL announced plans to reduce its workforce by about 6,000, while the Littlewoods catalogue shopping business cut 1,200 staff, The Guardian reported. NTL, Britain's largest cable group,
        74 words
    • Article
      Lock icon Spaniards rally after stamp scam
      570 17 Consumer groups swing into action after 9 directors of 2 firms arrested AFP [MADRID] Hundreds of thousands of small investors who fell victim to a stamp scam in Spain were rallying yesterday to try to recover lost savings potentially amounting to billions of euros. The
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      512 17 >ATC NOTICES In the Matter of The Companies Act, Cap.so And In the Matter of HYDRAUFT SINGAPORE PTE LTD (Co. Reg. No. *****5624 C) (In Members' Voluntary liquidation) NOTICE Of HUM— NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50, the Final Meeting of
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      153 17 > <-AVV- *SS" W /g£ ?T A V I !v to urope fitui mov <\ c(>niplluhmll,ll v 2 st<iy in Bangkok First Class h,n Business Class $3,578 Now y'/ll /.'ill II i'll Itt ..1 'louM'r H i. r• f It',: \il.'. f". k Ft M>■ Ci3'V> tl r tf; ElJ'Ope
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  • AVIATION
    • Article, Illustration
      Lock icon SALE boosts full-year earnings six-fold to US$34.7 million
      707 18  -  It benefits from increase in lease rates due to tight supply of aircraft By VEN SREENIVASAN [SINGAPORE] A strong recovery in the global aviation market where a tight supply of leasable aircraft has spiked lease rates helped Singapore Aircraft Leasing Enterprise (SALE)
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      Lock icon Shanghai Air eyes foreign investors for expansion
      325 18 Reuters [SHANGHAI] Chinese regional carrier Shanghai Airlines may bring in foreign strategic investors or sell new shares to help fund its expansion, its chairman told Reuters yesterday. That would allow the airline to grow its network so it can compete with domestic rivals
      Reuters; AFP  -  325 words
    • LOG BOOK
      • Article
        Lock icon Virgin Blue H1 profit down 8.4%
        109 18 Bloomberg [SYDNEY] Virgin Blue Holdings Ltd, Australia's second-biggest airline, said yesterday that first-half profit fell 8.4 per cent on increased jet fuel costs. Net income declined to A 568.2 million (5582.5 million) for the six months ended March 31 from A 574.5 million a
        Bloomberg  -  109 words
      • Article
        Lock icon Cathay Pacific hedges 40% of fuel needs
        112 18 Bloomberg [HONG KONG] Cathay Pacific Airways Ltd, Asia's fifth-largest carrier, said yesterday that it has locked in 40 per cent of its fuel requirements for the rest of this year to reduce risk as the price of jet kerosene increases. The hedging cover
        Bloomberg  -  112 words
      • Article
        Lock icon Fraport Q1 profit flat due to weather
        78 18 Bloomberg [LONDON] Fraport AG, owner of Frankfurt Airport, said yesterday that quarterly profit was little changed as snow storms reduced passenger traffic. Soccer's World Cup in Germany next month will help 2006 sales and profit rise, the company said. Net income was 27.7
        Bloomberg  -  78 words
      • Article
        Lock icon Thai Airways sees better earnings
        76 18 Reuters [BANGKOK] Thai Airways International Pel said yesterday that it was on track to hit its earnings and revenue growth targets this year as rising passenger traffic and a fuel surcharge offset soaring oil prices. Thai Airways expects a 47 per cent rise in net
        Reuters  -  76 words
    • Article
      Lock icon JAL keeps profit forecast despite loss last year
      492 18 Reuters [TOKYO] Japan Airlines Corp (JAL), Asia's fourthlargest airline by market value, reported a full-year operating loss yesterday on high oil prices, but kept its forecast of a profit for this year. Incoming president Haruka Nishimatsu denied a newspaper report that it
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    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2101 18 dTT FU6HT ETA HMHT (TO GA840 1640 GA841 1755 SQ147 2235 SQ148 1900 SQ4S5 1135 SQ456 1300 0 T« «MM LH9771 1750 AF8088 2215 <**• Q* 63 1111 SQ230 1750 BA7382 2215 6S5 «435S 0735 EK405 0210 AF8087 1850 QF82 2215 O 735 IEK433 0325 BA7381
      2,101 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Lock icon Page 18 Miscellaneous Column 1
      188 18 CRYPTIC CROSSWORD for amtisen^ DOWN (8) YESTERDAY'S SOLUTION 2 Tree's fewer leaves, perhaps, 9 Digging beneath footing? Across: 1 Cache, 4 Mosquito, 8 losing top (5) (13) Accredit, 9 Scorpion, 11 Nicosia, 13 3 Quiz polished off with a will? 15 Hot air blow by mouth (8) By no means,
      188 words
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      184 19 >«- fgMj} k jjUM* *v T. --ffijr JP*?ONCE AGAIN, OUR AWARD WINNING CHEFS HAVE RISEN TO THE OCCASION mi -fa Master Chef (fhan J ®4 f 0> r y A%-& -I§'s'*- ml B|> JK jlii& Bk Isspi wW Executive Chef Eric Teo ■WIPIPWB^B^^M Excellence! chef of the year world gourmet
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  • SHIPPING
    • Article, Illustration
      Lock icon DPW: 23-terminal network integration to complete soon
      604 20  -  Addition of ex-P&O terminals will give DPW 51 terminals worldwide By DONALD URQUHART [SINGAPORE] Dubai Ports World (DPW) will complete the integration of the 23terminal network formerly belonging to the Peninsular Oriental Steam Navigation Co (P&O) within four months, according to the Dubai
      604 words
    • Article
      Lock icon Citigroup sees excess oil tankers
      110 20 Bloomberg [LONDON] The worldwide oil tanker fleet will exceed demand during the next three years amid a record expansion of ship capacity, according to predictions by Citigroup Inc. New crude oil production will fail to absorb a record rise in shipping capacity, of which about
      Bloomberg  -  110 words
    • Article
      Lock icon Lines to raise meat shipping rates from US
      386 20 First increase in 3 years blamed on rising fuel costs Bloomberg [SINGAPORE] Neptune Orient Lines' APL, Evergreen Marine Corp and nine other shipping lines plan to raise rates on meat and poultry they're moving to Asia from the US, the first time
      Bloomberg  -  386 words
    • Article
      Lock icon TRANSPORT STOCKS
      290 20 SGX '000 May 10 SS W- Vol CH Offshore .0.40 0.01 415 ChuanHup .0.35 unch 2563 Cosco Corporation 1.41 -0.02 5734 CWT Distribution 1.28 unch 51 Ezra Hldgs 1.51 -0.07 1831 Freight Links 0 08 0.01 626 Grand Banks Yacht 0.87 0.01 32 Jaya Holdings 1.49 -0.03 564
      290 words
    • Article
      Lock icon Shanghai Port's April container volume a record
      308 20 It handled 6.37m containers in Ist 4 months, up 16% Bloomberg [HONG KONG] Shanghai International Port (Group) Co, the operator of China's busiest port, handled a record number of containers in April, helped by the nation's rapidly expanding trade. Cargo volume rose \7
      Bloomberg  -  308 words
    • Article
      Lock icon Yangtze ports' container volumes to triple by 2010
      254 20 Bloomberg [BEIJING] Shanghai, the world's largest port, and other container terminals on the Yangtze River may handle three times more volume over the next five years, as manufacturing in the region grows, a report by Alain Charles Publishing Ltd said. Container volumes
      Bloomberg  -  254 words
    • Article, Illustration
      Lock icon Asia freight rates edge up but outlook uncertain
      453 20 Reuters [SEOUL/TOKYO] Asian shipping rates edged up this week, helped by gains in the Atlantic market on the back of a pick-up in shipments of coal, traders said on Tuesday. They said market sentiment had also improved with the return of charterers
      Reuters; FILE PHOTO  -  453 words
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      76 20 -3UMUUCIES? SLEEP ON WATER SLEEP M WATER TO RELIEVE THE SYHPTOMS Waterbeds are made from strong, smooth vinyl that is extremely hygienic. Top covers can be washed preventing accumulation of dust mites and other harmful particles. It also relaxes, refreshes and renews the mind body. Ifs a Health Spa in
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      306 20 NOTICES IN THE MATTER OF MEADOW SWEET PTE LTD (IN VOLUNTARY LIQUIDATION) MEMBERS' VOLUNTARY WINDING UP At an Extraordinary General Meeting of the members of the above named company duly convened and held at N0.68. Lorong J, Telok Kurau. Singapore *****0 on 8 May 2006 at 3.00 p.m. the Special
      306 words
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      340 21 'Singaporelnternational <^> facing festival 6 to 14 May 2006 wat 10^ The Singapore International Racing Festival reaches a riveting climax on Sunday, 14 May with the staging of Singapore's biggest racing extravaganza... Singapore Airlines International Cup 2006 Sunday, 14 May Singapore Racecourse JD" r Pure excitement... A star-studded cast...The stage
      340 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon SGX needs regional flavour
      538 22 EDITORIAL EVEN as the Singapore Exchange (SGX) celebrates the success of its strategy of attracting Chinese companies, the need for diversification remains clear. This is not to underestimate the impact of Chinese stocks on the SGX. Last week, the exchange crossed a major milestone when it
      538 words
    • Article, Illustration
      Lock icon Affluence doesn't always bring happiness
      707 22  -  THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group YOU hear the refrain all the time: the US economy looks good statistically (4.7 per cent unemployment), but it doesn't feel good. Although the US is the wealthiest nation in history, our quarrels and quibbles
      The Washington Post Writers Group  -  707 words
    • Article, Illustration
      Lock icon China's car industry shifts into high gear
      1383 22  -  The kingdom of bicycles may become an auto city By TIGER TONG CHINA once used to be known as "the kingdom of bicycles". But this is no longer true, at least not in major cities. Today, when you look out of a car
      AFP  -  1,383 words
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      Lock icon Bigger Asian bond markets needed
      976 23  -  Without them, regional companies will have to rely on bank financing and dollar bonds, both of which have their pitfalls ANDY MUKHERJEE Bloomberg IT'S somewhat of an enigma why global investors hold almost no debt denominated in Asian currencies when they are lapping up fixed-income
      Bloomberg; BLOOMBERG  -  976 words
    • Article
      Lock icon Here's how to get more women on corporate boards
      643 23  -  LETTER TO THE EDITOR Trina Liang-Lin President, Financial Women's Association of Singapore I REFER to your article "Women directors a rare breed at top SGX firms" (BT, May 4). Thank you for taking the initiative to place such an important working
      643 words
    • Article, Illustration
      Lock icon Sweden: Economy with safety features
      1012 23  -  By ALAN COWELL NYT WHEN people talk of "the Nordic model" as Europe's panacea they may consider places like Nynashamn, the ferry port in southern Sweden, where the Baltic wind lofts the sigh of seagulls over a stilled and silent Ericsson plant. The factory closed
      NYT; FILE PHOTO  -  1,012 words
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  • Article
    Lock icon SINGAPORE STOCKS
    11022 24 SGX MAINBOARD n-Wk T* un Vol Day Last Quote GrOr. Or, Grind Net MCap High law C<Kk Company Sate COOP) High Loo Buy* Sal)«r CVr P/t Vntl 5 T 1st Software Sc 25 unch 560 2 5 25 2 5 3 '01 11 e J1« 8TelecomUS2c 8 5
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  • Article
    Lock icon FINANCE & COMMODITIES
    6602 25 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES (n local am In SS In USS dy yr dy yr dy %yr M»y> indg« Change Change Change Chjngu Chang* Ch«nq« WorWmde* Preliminary ***** 91 7.9 03 5.4 0.3 11.8 «IAFI Preliminary 1066.9 0-1 16 OS 11.1 03 V7.9 furope Preliminary Ml 7.2
    6,602 words
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      1357 26 UK CONTINENT SERVICE U.S.A SERVICE Destination Destination NASSAU PARADISE RDM/ATW/BMN/TLB/NAN TIAN SHAN HAI CAM/NFK/SAV/NOL GO PRIDE RDM/ATW/BMN/UK/NAN Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE F.E./S.E.A. SERVICE Destination DOMINATOR ADN/HDD/JDH/AQA Destination PAN DYNAMIC DBI/ABU/DOH/NRN/DMM/KWT QUOC TU GIAM INC/BSN Loads Singapore, E./W. Malaysia, Indonesia Loads E. Malaysia, Indonesia
      1,357 words
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      511 26 vAv WALLENIUS WILHELMSEN LOGISTICS website: http://www.2wglobal.com VtSSIL vor RAMP HEIGHT SIN L»C MAO SAV lAI 0»F TAIKO AF6IS 420TMS 6.4 M 17/05 11/06 22/06 27/04 25/06 TAUNT Af6l6 4001 MS 6.3 M 30/05 21/06 30/06 04/07 09/07 07/07 TALISMAN Af6l7 3?oTms 6.4 M 01/06 02/07 11/07 15/07 19/07 17/07 Naw
      511 words
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      1139 27 n WAN HAI INTERNATIONAL PTE LTD CR NO: **********0/R Vhawan hai lines V, MHWMV naTR; (03) *****888 FAX: (03) *****288 PWTH: (04) *****00 HUL (04)*****99 JOHTR: (07) *****23 FAX.-407)*****21 SUR TH.- (031) *****75 Ml- (031) 32*2714/ 32*1305 1 www.wanhoi.com.sg *T TH: (021) *****88 ML (021) *****88 Pl* TH: *****0/*****1 fU:
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      Lock icon Page 27 Advertisements Column 2
      205 27 TM* P. T. DJAKARTA LLOYD (PERSERO) AUSTRALIA FULL CONTAINER SERVICE As Agents Starship Agencies |MAL) Pte Ltd Operator Code: DJI CR NO. **********0H vst Ivor SIM I PUG I Fit I Htl I SYP I Mil lAK /uttswrr o«s 14/05 u/os 22/05 n/os 30/05 02/0* Aft JAKARTA 0315 11/05 23/05
      205 words
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      1183 27 VESSEL VOY SIN JKT MIP PUS VKSEL VOY JKT SUB HKG USN PUS HANJIN KWAHGYANG 0273E 12/5 M/S 20/5 24/5 KMTC SINGAPORE 606S 14/5 17/5 18/5 H/T 27/5 28/5 CAPE SANTIAGO 0017E H/S 21/5 27/1 31/5 KMTCKEELUNG 606S 21/5 24/5 25/5 10/T ~3/6 4/T VESSEL VOY SIN NSA JEA VESSEL
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      922 27 W WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS VtSSU VOT SIH PJOAMO COLOMBO N. SHEVA COiOMBO INDIKA GAWPHI 0103W 08 MAY 09 MAY 12 MAY IS MAY 18 MAY RAJIVGAHDHI TOTTTMAY SffiT ffl U MAY ~lTm— KQTA PtIIAMA YPMQ37 TL MAY 23 MAY ?t
      922 words
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  • THE BUSINESS TIMES SHIPPING TIMES
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      Lock icon THE BUSINESS TIMES SHIPPING GUIDE EXPORT
      5390 28 This HA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SM Desfn Name Name Hi—her Nambar SM Dest'n Name Name Number Number A• To FREMANTLE (FRE) 2130 Australia To ABIDJAN (ABJ) 2003 Cote D Ivoire 28/05 05/06 PTDjakarta KAMAKURA 026S *****203
      5,390 words
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      253 28 —nit— —fc— =iS^= :BF==SF==ii==S= gfafll 6l7if ***** 14/05 fUUU 411* ll'/M 25/55 VESSEL VOY SIN PKU VESSEL VOY SIN PNK "Ml WSTP T***** ***** PACIANGKA 5272 1*705 ***** m -3b —ia ffl I --Wr 1 MBa 1a I IKB I ffi» I I 0Q4 ?t 28/0! 03/06 07/06 I 2
      253 words
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      292 28 VESSEL VOY PKL SIN KARACHI DXB BAB NHS DMM BIK KHOB IRAN BAABAEI PCI SI 36 12/05 13/05 22/05 25/05 26/05 01/06 04/06 07/06 IRAN KORDESTAN PCI 8137 20/05 21/05 30/05 02/06 03/06 09/06 12/06 15/06 IRAN SHAHRTAR PCI «138 29/05 30/05 08/06 11/06| 12/06 IS/06 21/06 24/06 VESSEL VOY
      292 words
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      Lock icon Page 28 Advertisements Column 3
      109 28 BSA jl MYANMA HM FIVE STAR LINE (Myomiiflr National Line) Loading for Yangon VESSEL VOY SIN PIU PEN PGU CHIN SHWE HAW 90W SLD PAGAN 349W SIO IN MALAYSIA: IOUSTEAD SHIPPING AGENCIES KUI/PKL 03-*****388 PIN: 04-*****1S JKKttk ACCEPTING CONVENTIONAL C6O VBS& VOY HKG SM PU MARINE EMERALD I SU> SU>
      109 words
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      75 29 1 j i f-* Sp?* -V v jf -w. M\ W Bp 1 tk Ap^v !i v_^/- wk WSBK^ !l f 'A'A- i- W^^ t^MMßPreßfe*••• <,'/•. <-«- %®rr/f»f •'^'•v® v ''A4A i:< v^-' il j' v' x W f'J v X w .<■ v y*^-.. >■ 3 "V Tv» *-v»
      75 words
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  • BizIT
    • Article, Illustration
      Lock icon Singapore is Lawson's Asia-Pac HQ
      649 30  -  Merger creates world's third largest enterprise resource planning software group, Amit Roy Choudhury reports Amit Roy Choudhury SINGAPORE has been chosen as the Asia-Pacific headquarters for a major new enterprise resource planning (ERP) software company created out of the merger of US-based Lawson Software and
      649 words
    • Article
      Lock icon EarthLink asks court to overturn FCC rule
      430 30 Bloomberg [WASHINGTON] Earth Link Inc, the No 4 US Internet access provider, asked an appeals court to overturn a regulatory decision that limits access to residential high-speed data lines installed by US telephone companies. The Federal Communication Commission (FCC) ruled in October 2004
      Bloomberg  -  430 words
    • Article
      Lock icon Old computers make for unhappy workers
      463 30 Reuters [LONDON] Dealing with the frustrations of ageing and unreliable office computers contributes to workers' unhappiness and more sick leave, a survey showed yesterday. A poll conducted by Tickbox.net of over 2,700 European office workers from the UK, France and Germany found that workplace
      Reuters  -  463 words
    • Article, Illustration
      Lock icon HP unveils 7 laptops with new designs
      280 30 Two come in glossy piano-black finish, inlaid patterns AP [SAN JOSE] Following in the footsteps of rivals, Hewlett-Packard Co (HP), the world's No 2 computer maker, unveiled laptops with spiffier designs as well as more powerful processors. Six of seven new HP notebooks
      AP; AFP  -  280 words
    • Article, Illustration
      Lock icon Trend Micro shuts the door on unsafe PCs
      346 31  -  The new offering is part of the company's newly announced strategy By GRACE CHONG SECURITY solutions provider Trend Micro has unveiled a new product which promises to automatically isolate un-patched and vi-rus-infected computers from a corporate network. Called the Network Virus Wall
      346 words
    • Article
      Lock icon Sun names VP of 'eco-responsibility'
      176 31 Bloomberg [SAN FRANCISCO] Sun Microsystems Inc. the world's fourth-largest maker of server computers, named a vicepresident of "eco-responsibility" to guide Sun's environmental strategy. The role will be filled by David Douglas, a former Sun employee, the Santa Clara, California-based company said in a statement yesterday.
      Bloomberg  -  176 words
    • Article
      Lock icon It's Sony and AAC compatible
      259 31 Bloomberg [TOKYO] Sony Corp, which pioneered portable tape players in the 1980s with its Walkman, will offer software that will make its digital music players and personal computers compatible with Apple Computer Inc's proprietary AAC audio format. Sony will offer "SonicStage CP", a free music
      Bloomberg  -  259 words
    • Article
      Lock icon Yahoo readies new search-ad software
      709 31 NYT (NEW YORK) When Yahoo finally switches on the new search-advertising software code-named Project Panama this summer, users of its search engine will hardly notice a difference. But if Yahoo's project was worth the two years and millions of dollars it cost far more money
      NYT  -  709 words
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      Lock icon S'pore makes strong showing at E3 debut
      534 32  -  Firms showcasing wares ranging from hosting services to digital games By WINSTON CHAI IN a concerted bid to make Singapore the port of call for foreign computer game companies, a group of 13 local firms have made their debut appearance at the giant
      534 words
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      Lock icon Video game titans battle it out
      520 32 AFP [LOS ANGELES] The world's biggest computer games show kicked off on Tuesday with Japan's Nintendo and US giant Microsoft firing the first shots in the battle for the US$25 billion global market. The computer game titans were among companies from 90 countries that
      AFP; REUTERS  -  520 words
  • Page 30 Advertisements
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      504 30 :»at^ NOTICES BUY IT-SELL IT-FIND IT CUT CWT DISTRIBUTION LIMITED (Company Registration No*: *****0498 M) The Directors of CWT Distribution Limited wish to make the following announcements: ANNOUNCEMENT UNAUDITED RESULTS FOR THE FIRST QUARTER ENDED 31 MARCH 2006 Three months ended 31 March 2006 2005 Ss'ooo S$ 000 Restated Change
      504 words
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      12 30 ROUNDTABLE Read what industry experts have to say about SOA. PG 33
      12 words
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      136 31 STABILITY If there's one constant in business today, it's change. But large or small, internal or external, change doesn't have to impede IT service delivery. Think of change as an opportunity for IT to satisfy fluctuating demand while maintaining a stable, productive work environment. jflHMt with integrated CA software solutions
      136 words
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      82 32 J Oracle Fusion Middleware Hot-Pluggable T; Oracle MM Cognos e* Business JH fi :r HH Microsoft S Active -5* j^B Websphere >> BB I' w'*' f j 9H So Standard, It's Hot-Pluggable With Your Existing Software J2EE Enterprise Portal Identity Management Integration Data Hub Business Intelligence j oracle.com/middleware or call
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  • BT-ORACLE ROUNDTABLE
    • Article, Illustration
      Lock icon At your agile service
      2520 33  -  Does service-oriented architecture have more sizzle than steak? Industry users discuss the issue. WINSTON CHAI reports WINSTON CHAI INTEGRATING disparate IT systems to seamlessly share data across a mixed bag of enterprise applications is a perennial challenge confronting most CIOs today. At the root of the
      ARTHUR LEE  -  2,520 words
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  • PROPERTY
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      Lock icon WINNING WAYS
      140 34  -  By ARTHUR SIM LOCAL firm SCDA Architects has clinched three out of 33 Chicago Athenaeum International Architecture Awards. The Chicago Athenaeum is the only museum of architecture and design in the US. SCDA Architects, led by Chan Soo Khian. is best known in Singapore for designing high-end residential
      SCDA ARCHITECTS  -  140 words
    • Article
      Lock icon CDL wins UK gold award for worksite safety
      147 34 CITY Developments Ltd (CDL) has been given a Gold Award by Britain's Royal Society for the Prevention of Accidents (RosPA). The award is for occupational health and safety, and for CDL it refers specifically to the company's environmental, health and safety policies
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      Lock icon Househunt PROPERTY TRANSACTIONS BETWEEN MAY 3 AND MAY 9, 2006
      1683 34 PROJECT NAME/ PROP CONTRACT TENURE BUILT-IN/LAND PRICE PSF STREET NAME TYPE DATE AREA*(SQ FT) (SV000) (SS) District 1 NON-LANDED TheRiverwalk Apt 19/04/2006 99 818 455 556 The Sail At Marina Bay Apt 21/04/2006 99 1905 2380 1249 The Sail At
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      Lock icon Sun Hung Kai raises HK$7.86b in stock sale
      433 35 89 million new shares sold at HK$88.30 at the lowest end of the range offered Bloomberg IHONG KONG] Sun Hung Kai Properties Ltd, Hong Kong's biggest real estate developer, raised HK$7.B6 billion (Ssl.6 billion) selling stock to fund expansion in China, bankers
      Bloomberg; BLOOMBERG  -  433 words
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      Lock icon SHK takes step towards Reit listing
      219 35 Move to spin off some office, industrial assets Reuters [HONG KONG] Sun Hung Kai Properties has become the latest company to jump on the property trust bandwagon, confirming yesterday that it had applied to Hong Kong's securities watchdog to launch a trust. The group,
      Reuters  -  219 words
    • Article
      Lock icon Soilbuild to buy Cashew Road site for $18-19m
      313 36  -  Developer to pay for site by way of residential apartment units By ARTHUR SIM SOILBUILD Group Holdings will buy a 60,579 sq ft vacant site in Cashew Road from the Methodist Church in Singapore for an estimated $18-19 million. In an unusual
      313 words
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      Lock icon UK agent to host London properly market seminar
      195 36 UK-BASED real estate rental agent Benham and Reeves Residential Lettings is hosting a one-day seminar next Thursday, May 18, on the London property market. The event, at the Grand Hyatt Hotel, will be an opportunity for investors and potential investors to get
      BLOOMBERG  -  195 words
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      Lock icon Page 34 Advertisements Column 1
      164 34 Residential Redevelopment Sites plot A Land Area 2 835 6 sm 30 < 522 sf) Plot B Land Area 2,605.8 sm (28,049 sf) Combine Land Area: 5,441.4 sm (58,571 sf) \z Available individually and /or collectively O J 'MP 2003 Plot Ratio: 2 8 \o Tenure: Freehold \S\ j V
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      233 35 Want the best price? Hold an auction. Call 1800 289 8822 or email notiees@sph.com.sg to book your auction notice in our newspapers now. M ATci s NOTICES O HjUIHMVuIiU JMXI Chesterton i J SMiS'T 6 Freehold with 100% consensus I Site Area 24,146 sq ft "i 4 Jl| "PR 1.4;
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      Lock icon Page 35 Advertisements Column 2
      223 35 I LUXURY RESIDENTIAL DEVELOPMENT SITE FOR SALE BY TENDER k. Quiet environment, elevated grounds NEWTON am*™ Site area approximately 46,6615qft El Plot Ratio 2.8 "iSST fe Height control up to 36 \\dffl\\ storeys Z/LJSsI. "SSrtL JL Unobstructed views bIHL /<&z L RD Contact: CB Richard Ellis (Re) Ltd Investment Properties
      223 words
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      353 36 Prime Good Class Bungalows For Sale ASTRID HILL Sprawling land area of about 26,514 sq ft Wide frontage. Elevated Panoramic view of surroundings .-utiii':!.. Highly exclusive estate Closing 19th May 2006 Steven Ming 9004 0518 CLUNY PARK v 2-storey colonial style bungalow p. (non-conservation) JfV Elevated 17,475 sq. ft. land
      353 words