The Business Times, 17 July 2006
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2006-07-17
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The Business Times
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Title Section16 2006-07-17 1 THE BUSINESS TIMES I J' i SINGAPORf^TWffT online at http://business-times.asial.com.sg MICA (P) 099/03/2006 Monday, July 17,200616 words
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Article, Illustration1069 2006-07-17 1 UMA SHANKARI - Interest remains high in the prime districts but sites in suburban areas are left on shelf By UMA SHANKARI [SINGAPORE] Midway into the year, the en bloc fever seems to be benefiting home-owners in the prime districts the most, with developers showing most interest1,069 words
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541 2006-07-17 1 AFP, Reuters, AP. LATWP [ST PETERSBURG] World leaders yesterday warned against rising oil prices amid the escalating Middle East crisis. They said the record prices pose a "serious" challenge for the world as global energy demand rises for limitedAFP,; Reuters,; AP.; LATWP - 541 words
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Article132 2006-07-17 1 MARKETS Week Chge STI J363.55. -81.58 KLSECOMP 913.63 -11.93 NIKKEI 225 *****.24 -462.37 HANG SENG *****.71—-324.07 SET INDEX 661.59 ...-24.52 JAKARTA COMP ...1303.58 -44.33 MANILA COMP ....2210.15..—-47.88 TAIPEI TAIEX 6428.03 -232.58 SEOUL COMP 1255.13 -18.80 SHENZHEN B 288.86 -4.05 AUSTALLORD 4943.80 -152.70 DOW JONES *****.35 -351.32 NASDAQ 2037.35132 words
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Page 1 Advertisements
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Advertisement9 2006-07-17 1 BizfT The biggest IT spenders PAGE 30 A. M.'j^l9 words
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TOP STORIES
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Article430 2006-07-17 2 Wall St keeps wary eye on Middle East flare-up HOSTILITIES in the Middle East between Israel and the Hizbollah militia in Lebanon will dwarf key earnings data due this week, market strategists say. "This is a big week for earnings and it could be the last chance for430 words
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Article, Illustration497 2006-07-17 2 KALPANA RASHIWALA - Wheelock said to be buyer; price is 40% higher than site it bought next door By KALPANA RASHIWALA [SINGAPORE] A new benchmark has been set for residential land in Singapore. The freehold Habitat One in the prime Ardmore Park location has been497 words
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882 2006-07-17 3 ANDREW MARKS - WALL STREET INSIGHT 112 companies due to report Q2 results this week, including 11 Dow counters By ANDREW MARKS in New York HOSTILITIES in the Middle EaSt'between Israel and the Hezbollah militia in Lebanon will dwarf key earnings data due this week, market strategists882 words
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516 2006-07-17 3 ANALYSIS Reuters [WASHINGTON] The latest surge in energy prices may prove the undoing of a US economy already pressured by a housing slowdown and accelerating inflation. Some economists are even tossing around the R-word, saying a recession is possible if the unrestReuters - 516 words
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Page 2 Advertisements
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Advertisement417 2006-07-17 2 people HR's secret weapon. www.thepeopleatwork.com Asia-Pacific Executive Search Fixed Income Capital Market Products Bonds and Notes Dates The evolution of pedestrian bond structures into more fanciful structures and 17 18 August 2006 hybrid securities, designed to entice investors and issuers alike, continues in 9 00am to 5 00pm res P°417 words
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Advertisement226 2006-07-17 2 11 Br' •rmit K989 UNIVERSITY provider J RMIT University invite you to join our cohort of successful DBA candidates. flHf M RMIT Doctor of Business Administration (DBA) Programme —f Mingle with the best in business. 81 of past participants in the RMIT DBA are senior managers, directors and above. The226 words
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Page 3 Advertisements
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Advertisement829 2006-07-17 3 p CDL HOSPITALITY TRUSTS II jSJA CDL HOSPITALITY TRUSTS is a stapled group comprising CDL Hospitality Real Estate Investment Trust H-REIT"), Singapore's first hotel real estate investment trust, and CDL Hospitality Business Trust ("HBT"), Growth potential Distribution payout ratio of 100% for the Forecait wfWlOWr' wl fwjVOM ■■a Stable income829 words
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SINGAPORE MARKETS
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Article, Illustration701 2006-07-17 4 R SIVANITHY - STOCKS R SIVANITHY Senior Correspondent THE topic of last week's column was that present stock market sentiment appears to be torn between "value investing" and "cyclical investing", or to put it in plainer terms, long-term bullishness versus shortterm bearishness. Since701 words
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457 2006-07-17 4 CURRENCIES AFP [HONG KONG] Asian currencies ended last week mixed against the US dollar with markets awaiting congressional testimony by Federal Reserve chairman Ben Bernanke for hints on the future direction of US interest rates. The US dollar gained against major currenciesAFP - 457 words
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Article, Illustration1787 2006-07-17 4 Consensus No.of Forecast Mean Frfs Consensus No.of Forecast Mean Fifs recommendation esti- EPS PE target price recommendation esti- EPS PE target price Company name This wk Last mth mates (cents) (ratio) price Company name This wk Last mth mates (cents) (ratio) price Advanced Holdings 1.00 1.00 3 5.981,787 words
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Article668 2006-07-17 4 Payment Ex Rooks Pay Payment Ex looks Pay (cts) data dose date (cts) date dose date AscendasREIT lOthtt 3.09 21 Jul 26-Jul 2 4 Aug MidasHldgs pp 02b 10Jul 13-Jul 24Jul Asia Tiger F Rmb2TA 10-Aug 15-Aug 28Aug MTQCorp F 1.50 31 Jul 03-Aug 15-Au Australand Prop HH668 words
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345 2006-07-17 4 COMMODITIES AFP [LONDON] The price of crude oil enjoyed a record-breaking run higher last week beyond US$7B per barrel, while many other commodities were lifted by escalating violence in the Middle East. Gold climbed alongside other precious metals, owing to their safe-ha-venAFP - 345 words
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COMPANY NEWS
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Article, Illustration187 2006-07-17 5 THAI Beverage has pledged $100,000 to the Singapore Exchange's (SGX) Bull Run 2006, bringing the total amount of pledges towards the charity project to $1,203,500 by the end of last week. Thai Beverage, a $1.37 billion debutant on SGX in May,187 words
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787 2006-07-17 5 R SIVANITHY - HOCK LOCK SIEW By R SIVANITHY IF YOU can't beat them, join them. According to anecdotal testimony from brokers, this seems to be a growing mantra in the market among some retail investors. We're referring here to an increase in the number of small787 words
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Page 5 Advertisements
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Advertisement20 2006-07-17 5 Holding an auction? Call 1800 289 8822 or email notices@sph.com.sg to book your auction notice in our newspapers now. f20 words
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Advertisement1142 2006-07-17 5 Singapore's First f u mAUI| P independent Industrial REIT App|j WU« S Initial Public Offer Ptt wic j, 12.00 noon.l Forecast yield of up to 1 7,71 ■K If i 4lflilHHiK9 WHY YOU SHOULD INVEST not exercised and based on the Offering Price of 550.68 per Unit: Stable and regular1,142 words
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SINGAPORE MARKETS
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Article, Illustration1429 2006-07-17 6 TEH HOOI LING - TEH HOOI LING Senior Correspondent THE uncertain outlook for the market, following the large-scale attacks by Israel on Lebanon has sent investors scurrying for cover. The escalating tension in the Middle East has sent oil prices near US$BO per barrel, and the1,429 words
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Article, Illustration1268 2006-07-17 6 ROBERT HALILI - INSIDE MARKETS Schroder ceases to be substantial shareholder of GES International on sales of 4.8 m shares, reports ROBERT HALILI ROBERT HALILI BUYING by directors and substantial shareholders plunged while the sales activity was high for the second straight week based on filings1,268 words
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COMPANY NEWS
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461 2006-07-17 7 SIOW LI SEN - Customer base is up but market share is slipping as rivals step up efforts By SIOW LI SEN SO little is expected of Ml, the smallest of the three telcos operating here, that all the company has to do, it would seem, is461 words
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519 2006-07-17 7 It also seeks takeover targets here and abroad Reuters SINGAPORE-LISTED CG Technologies Holdings Ltd (CG Tech), which makes synthetic yarn and related raw materials in China, expects to see a 50 per cent rise in 2006 net profit and is seeking acquisitionReuters - 519 words
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Article, Illustration182 2006-07-17 7 NEIL Montefiore, CEO of mobile service provider Ml, handed out thousands of sunflowers to passers-by along Orchard Road over the weekend, kick-starting Mi's new branding campaign. The new campaign, "Make your world mobile with Ml" is part of the company's "1 life, liveARTHUR LEE - 182 words
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Page 7 Advertisements
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Advertisement262 2006-07-17 7 -mHKKIW'- v A ill I Jl ul A H v H H jM JBBBIMB V I Available in 2.0 L, 2.SL S.SL models Specifications subject to change. Specifications vary from model to modal. I SHlFT_modern luxury t' I Made in Japan Cruise control Human Machine Interface System* Bi-xenon headlamps* i262 words
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DINING OUT
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Article, Illustration1251 2006-07-17 8 NEW RESTAURANTS Borgo 789 BukK Timah Road. Tel: 6466-7762 AN air of neighbourhood sleepiness welcomes you when you enter the brand new Borgo Italian restaurant despite it being on that trendy stretch better known as the Corduroy and Finch strip, thanks to that Aussie-style bistroBORGO PHOTOS BY ARTHUR LEE - 1,251 words
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Page 8 Advertisements
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Advertisement117 2006-07-17 8 f I H, /-xt eJ o I < Trendsetting Chinese Cuisine Exquisite Dinner Menus from $48+++ Reservations: 6877 8188 J A D The Fullerton Hotel Hospitality Asia Platinum Awards 2004-2005 Restaurant of the Year Best Chinese Cuisine Restaurant Wine Dine Top Restaurants Singapore Tatler Best Restaurants Lok Group| www.tunglok.com Diners117 words
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Advertisement158 2006-07-17 8 Dine on delightful English dishes fit for the queen. Traditional classics from a Country steep in history includes mouth-watering braised oxtail in red wine served with potatoes and spring vegetables, fun bangers and mash (grilled sausages with baked beans, fried onions and mash potato), grilled juicy sole fillet accompanied by158 words
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SINGAPORE NEWS
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Article, Illustration589 2006-07-17 9 UMA SHANKARI - Project developed jointly by SLF, Income, FairPrice slated for opening in May next year By UMA SHANKARI CAPITALAND is poised to gain a monopoly of malls in the Ang Mo Kio-Bishan area. BT understands that the property giant's retail divisionFILE PHOTO - 589 words
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Article154 2006-07-17 9 DATE/ TIME EVENT VENUE 17-18 Jul Risk Management Course Furama City Centre 20-21 Jul Hotel 9.00am 17-18 Jul Harnessing CRM for Meritus Mandarin 9.00am Positive Customer Experience Maximum ROI Conference Workshop 18-21 Jul Options Trading 600 North Bridge 7.00pm Championship 2006 Road, Level 3, Parkview Square 19 Jul154 words
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268 2006-07-17 9 Hike will aggravate upward pressure on wage costs, it says THE Singapore Chinese Chamber of Commerce Industry "notes with great concern the large increase of 50 per cent" in the levy for foreign skilled workers in all sectors, it said over the268 words
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Page 9 Advertisements
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Advertisement60 2006-07-17 9 Over 80 international destinations. Offer includes two nights at the Ritz-Carlton for First Class and one night at the Jumeirah Emirates Towers for Business Class. Valid till 31 st August 2006. Terms and conditions apply. For more details contact Emirates on 6735 3536 or visit 600 North Bridge Road. Partcview60 words
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VIEWS FROM THE TOP
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Article, Illustration2704 2006-07-17 10 THIS WEEK'S TOPIC How can Singapore-based companies benefit from the new initiatives on research launched by the government? SINGAPORE-BASED companies stand to benefit if they are able to position themselves as attractive partners to MNCs who undertake their R&D work here, such as helping to2,704 words
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Page 10 Advertisements
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Advertisement72 2006-07-17 10 '.CsJ '#si* *~Ji BTCEOse-Oub > > »•>.»■■ Members of the BT CEOs e-Club are Singapore's top corporate leaders whom BT editors would like to interact with in an atmosphere of informality and trust. This 'dub' is a virtual one, with interaction mainly via e-mail. Each week, we will invite comments72 words
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Page 11 Advertisements
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Advertisement158 2006-07-17 11 m two ways trom this researcn-ied initiative efforts of in the areas for research as an environmental and technology, integral part of ESTABLISHED highdigital media the companies, companies strategy The next step be w would to procure Singapore software MHM break supporting companies to the action, should out from role158 words
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BT-CITIBANK YOUNG INVESTORS' FORUM
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Article, Illustration460 2006-07-17 12 MELISSA LWEE - Balance transfers can help lower your credit card debt and save money. MELISSA LWEE finds out how MELISSA LWEE WHEN faced with an ever-mounting debt, the one thing that would perk you up would be finding a way to cut down on monthly expenses and lower that debt.460 words
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Article, Illustration883 2006-07-17 12 JENNANI DURAI - CAMPUS LIFE SMU's Dare to Dream project conquered more than just Mount Kilimanjaro, JENNANI DURAI finds out JENNANI DURAI LAST month, eighteen undergraduates from Singapore Management University (SMU) successfully reached the summit of Mount Kilimanjaro in Tanzania. But what made this group of students different from883 words
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Page 12 Advertisements
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Advertisement252 2006-07-17 12 Be smart with your finances FANCY becoming the next Warren Buffett or George Soros? Or even the famous Robert Kiyosaki? Then read on. The Young Investors' Forum, part of the BT-Citibank Tertiary Outreach Programme, isn't another dry page out of your financial textbook. To complement our editorial content, we have252 words
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ECONOMY WATCH
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Article, Illustration761 2006-07-17 13 Demand-driven rally means higher prices won't do as much damage Reuters {LONDON] Oil at nearly US$BO a barrel has lost its power to shock energy hungry consumers grown immune to its steady advance. A year ago, the world flinched as markets toppedReuters; AFP; Source: US Dept of Energy - 761 words
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357 2006-07-17 13 AP [WASHINGTON] Roads and bridges built by US taxpayers are starting to be sold off, and so far foreignowned companies are doing the buying. On a single day in June, an Australian-Spanish partnership paid US$3.B billion to lease the Indiana Toll Road. An AustralianAP - 357 words
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328 2006-07-17 13 AP [ST PETERSBURG] Negotiations on Russia's admission to the World Trade Organization have broken off with no agreement, and trade officials are blaming the failure on an impasse over Russian barriers to US beef and pork exports. US President George Bush saidAP - 328 words
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Page 13 Advertisements
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Advertisement194 2006-07-17 13 to be M 11 MuVmfB '111 u Best Global by Euromoney for the the year Bt<BW_IJfSJ my&J 8H ITSIU by Asiamoney 1 We thank our clients peers once our top9fV5 capabilities. flj H M A H H jiHv mm For is further proof at our ■MBBMn unwavering coifriitmei iMwpursuing 1194 words
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MALAYSIA
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Article, Illustration633 2006-07-17 14 PAULINE NG - MALAYSIA INSIGHT PM Abdullah is back home; expect more heat when Dr Mahathir returns this week too PAULINE NG KL Correspondent HOT spots from plantation fires blowing across from Indonesia last week signal the return of what's becoming the annual hazy season in Malaysia.633 words
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Article, Illustration275 2006-07-17 14 AFP [KUALA LUMPUR] Malaysian car dealers have said there is a glut of 250,000 cars on the domestic market which could force many sellers to close down, a report said yesterday. Ismail Din, president of an association for dealers who sell carsAFP; AP - 275 words
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BRIEFLY ASIA
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106 2006-07-17 14 Reuters [HONG KONG] PCCW chairman Richard Li, who is selling a 23 per cent stake in the Hong Kong phone company, has reached an agreement in principle to buy local newspaper the Hong Kong Economic Journal, the South China Morning PostReuters - 106 words
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117 2006-07-17 14 Bloomberg [BEIJING] China's banking regulator ordered domestic lenders to investigate bad loans and suspicious transactions more closely to root out bribery. Hu Huaibang, political secretary the China Banking Regulatory Commission, told the Bank of China and other commercial lenders to setBloomberg - 117 words
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175 2006-07-17 14 [MUMBAII With volatility on the stock markets spooking investors, recent weeks saw Indian initial public offerings (IPOs) barely scraping through, the Financial Express wrote. But it seems this has not affected the market as a whole, as more than 10175 words
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Page 14 Advertisements
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Advertisement246 2006-07-17 14 :^^BHH™ i J Get your invitation to the morning with Mr Vikas Goel by filling in the form below and faxing it to: 6319 8292 by 30 July. < For enquiries, please call Christine Ang at 6319 5119 or email her at anglccOsph.com.sg r j! E5O Leaders Talk i <246 words
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GREATER CHINA
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440 2006-07-17 15 But Chinese officials still cautious about city's prospects AFP [CHENGDU] Cheap labour ati'd lower start-up costs are luring foreign companies to Chengdu, helping to revitalise an ancient city in western China determined to close the gap with the more prosperous east. Chengdu,AFP - 440 words
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509 2006-07-17 15 Reuters [HONG KONG] China is set to spend US$2OO billion on renewable energy over the next 15 years, and industry players are racing to grab a slice of the action. That kind of money would buy you an oil firm the size ofReuters - 509 words
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Article, Illustration394 2006-07-17 15 Reuters [SINGAPORE] China National Petroleum Corp (CNPC) is buying more than 66 million shares worth about US$5OO million in the global initial public offering of Russian oil giant Rosneft, a market source said on Friday, but that would be much less than whatReuters; AFP - 394 words
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Page 15 Advertisements
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Advertisement53 2006-07-17 15 HITACHI Inspire the Next I The World's First HD 1080 42V Plasma. Pictureun A 1080HD ALIS li.jh 1 Vtiniti.'M Mi- i IWJ AI i> 1'aiul i-L'TPViYl A > lu-m.'tc tAlin.-IU M. -t. ■n:»--l -uim I I win 111 AH ln| it' lumin il lu.i, •MaSternU HIIUIIIIIOMI UK IKONKs \M\imI'II III)53 words
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INDONESIA
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292 2006-07-17 16 Firm is responsible for loss of 80,000 ha of natural forests every year: WWF AFP [JAKARTA] Asia Pulp and Paper one of the world's largest paper companies on Saturday denied accusations that it was failing to live up to pledges to protectAFP - 292 words
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250 2006-07-17 16 BIRD FLU Latest death shows disease spreading in Indonesia AP [JAKARTA] Local tests showed that a 44-year-old man died of bird flu, a senior health official said yesterday, putting Indonesia on the cusp of becoming the country hardest hit by the disease.AP - 250 words
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Page 16 Advertisements
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Advertisement3312 2006-07-17 16 oS? NOTICES Toll free. 1800-289-8822 Email: notices(<?sph.com.sg l HARTFORD EDUCATION CORPORATION LIMITED Company Registration Number. *****2559 D (Incorporated in the Republic of Singapore) NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Hartford Education Corporation Limited She "Company") will be held at 10.00 a.m. on 2 August 2006 at3,312 words
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Advertisement344 2006-07-17 16 H THE MATTER OF THE COMPANIES ACT. CHAPTER 50 AND IN THE MATTER OF NORTHERN EMTERPRBE MPPWQ PTE LTD Company Regis* aim No. *****4295E (N MEMBERS'VOLUNTARY UQUDATION) At an Exfraordtoery General Misting of the members of Nortiem Enterprise Snipping Pie Lid duly convened and held at 340 C King George's344 words
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Advertisement620 2006-07-17 16 >ATC NOTICES IN THE MATTER OF THE COMPANIES ACT CAP 50 AND IN THE MATTER OF COLEON PTE LTD (Id Members Voluntary Liquidation) Extract* of Minutet of aa Extraordinary Oeneral Meeting of the Company on 17th day of July 21)06. SPECIAL RESOLUTION That the company be wound up voluntarily pursuant620 words
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INDIA
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Article, Illustration599 2006-07-17 17 Prospects are huge but both markets remain tightly protected for now Bloomberg [LONDON] Lakshmi Mittal, who won his five-month battle to take over Arcelor and create the world's largest steelmaker, now faces a bigger challenge. He plans to break into the fast-grow-ingBloomberg; AP - 599 words
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297 2006-07-17 17 MUMBAI BOMBINGS Scale of the attacks required local knowledge: analyst Reuters [JAKARTA] The Mumbai bombings reveal the extent to which «India now faces a home-grown threat and confirms the transition of Al-Qaeda into a global franchise that inspires, but does not direct, attacks around the world.Reuters - 297 words
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290 2006-07-17 17 Economic Times [NEW DELHI] A Chicago-based report by consulting firm Diamond Cluster International says the IT outsourcing boom is over worldwide, including in India, as companies learn to be more strategic. In India, growing labour shortage will see outsourcers shift focus towardsEconomic Times - 290 words
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Page 17 Advertisements
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Advertisement164 2006-07-17 17 r" r '""Trnpimii LOBSTER MANIA From 15 July to 15 August, our team of Chefs at The Dining Room will present you an array of delightful ways to enjoy lobster, the premier crustacean. Take your pick from the appetizer of Lobster Salad with Salmon Roe and Mary Rose Sauce, to164 words
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Advertisement58 2006-07-17 17 1 f I S r. f This announcement appears as a matter of record only. rjT\ HOUSING 4> DEVELOPMENT I WLi J BOARD S v '•f <• >. vv y *****,000,000 3.805% Notes due 2011 *****,000,000 3.995% Notes due 2016 issued under HDB's 557,000,000,000 i Medium Term Note Programme Lead58 words
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ASIA-PACIFIC/WORLD
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524 2006-07-17 18 Members recognise difference in approach towards energy security, climate protection Reuters [ST PETERSBURG] The Group of Eight (G8) industrial nations approved a statement on "Gjabal Energy Security" yesterday that acknowledges splits over nuclear energy and climate change among the world's topReuters - 524 words
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Article, Illustration537 2006-07-17 18 Bloomberg [MOSCOW] OAO Gazprom, the world's largest gas producer, and Petro-Canada are on the "edge" of an agreement to build a US$l.5 billion liquefied natural gas (LNG) plant in Russia, President Vladimir Putin said last Saturday. Petro-Canada, based in Calgary, has been negotiating withBloomberg; AFP - 537 words
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Article, Illustration766 2006-07-17 18 Toyota seen to be considering a tie-up with its US rival too AFP. NYT [CHICAGO] Japanese auto giant Toyota Motor is considering proposing an alliance with General Motors (GM) to prevent its US rival from forming a three-way tie-up with Renault and Nissan, BusinessAFP.; NYT; FILE PHOTO - 766 words
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284 2006-07-17 18 AFP [SYDNEY] Australian Prime Minister John Howard said yesterday he expected a public backlash against his government after a week of infighting over who should lead the country. The past week has been dominated by an extraordinary public feud between Mr HowardAFP - 284 words
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Page 18 Advertisements
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WORLD
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Article, Illustration706 2006-07-17 19 Internet bubble might burst once more Billions again pouring into too many unproven, unprofitable ideas LAT-WP [LOS ANGELES] Is the bubble about to burst again? Investment in Internet companies has climbed so steeply since the dotcom crash of 2000 that some Silicon Valley veterans worry that too much money isLAT-WP; AFP - 706 words
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479 2006-07-17 19 NYT [NEW YORK] When the Scottish economic development agency injected about US$9 million into the biotechnology company Cyclacel last October, the country's enterprise minister explained that "there could not be a more important company for Scotland's future". But only two months later,NYT - 479 words
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Article3058 2006-07-17 19 Transaction date: Jul 14 For a full listing of the closing prices, log on to BT Online at http://business-times.asial.com.sg after 11.30pm every trading day HONG KONG Vol Datanglntnl Power Gene ...4.85 -0.05 8338 HKS '000 Denway Motors .2.53 -0.05 ***** Digital China .2.63 0.08 2801 Aeon Credit 5.703,058 words
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438 2006-07-17 19 NYT [NEW YORKI With a respectable US$4.9 billion profit in the second quarter, General Electric's business model proved its worth once again: Even when all six cylinders of its core business aren't firing, most of them can still be powerful enginesNYT - 438 words
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322 2006-07-17 19 Reuters [NEW YORK] A New Jersey state appeals court on Friday rejected Citigroup's bid to dismiss a US$lO billion fraud lawsuit by Italian dairy company Parmalat. Citigroup had argued that Parmalat, best known for its long-life milk, brought the caseReuters - 322 words
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AVIATION
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871 2006-07-17 20 It will also announce freighter version of the A330 passenger jet Reuters, AFP, NYT JBATH, England] Airbus and parent firm European Aeronautic Defence and Space Company (EADS) have confirmed the plane maker will unveil plans this week for a newReuters,; AFP,; NYT - 871 words
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Article, Illustration185 2006-07-17 20 AP [MADRID] A Thai Airways jumbo jet taxiing to a runway bumped into an empty Air France plane parked outside a terminal at Madrid's international airport on Saturday, an airport official said. No injuries were reported. The Thai Airways plane,AP - 185 words
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121 2006-07-17 20 Bloomberg [WASHINGTON] UAL Corp's United Airlines plans to move its headquarters to Chicago from the suburb of Elk Grove Township early next year and will shift about 350 management workers to its new location. The airline's new headquarters will be at 77Bloomberg - 121 words
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431 2006-07-17 20 Bloomberg. Reuters [DUBAI] Etihad Airways, the United Arab Emirates' national carrier, will delay an order for 20 planes valued at as much as US$4 billion until Boeing Co and Airbus SAS release new designs. "We're going to wait until we get a clearer pictureBloomberg.; Reuters - 431 words
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248 2006-07-17 20 Reuters [LONDON] Boeing Co chief executive James McNerney expects major US and European airlines to come back into the market for new planes over the next year or two, boosting business for the US plane maker and Us European rival Airbus, according to aReuters - 248 words
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125 2006-07-17 20 Reuters [HONG KONG] Hong Kong International Airport maintained this year's strong traffic growth in June, with throughput jumping 10.3 per cent from a year earlier to 3.6 million passengers. The Airport Authority of Hong Kong said in a statement yesterday it had recordedReuters - 125 words
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Article692 2006-07-17 20 en rvm ita rwwr r» sag jgg AIM DIMM 5Q455 113$ 1 WUI ll« Wfl g| ftg m HH jjijl 111 11 wb*^' 1 i»! II m W .i« RmpKm CM57 OIK OT5TTO5 m HI o&i Tl lil 3 iff! if 5 raB5s II III I692 words
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Page 20 Miscellaneous
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Miscellaneous188 2006-07-17 20 CRYPTIC CROSSWORD DOWN 1 Chapter head's wood'(6 24) three times at school (4,5) 10 Numismatics, 11 Lisp, 14 2 Buyer banned inclusion of tea 16 Three maps mistakenly taken Abashed, 16 Quinine, 17 Rebut 18 (5) from overcoat (9) Toby, 19 Bale, 20 Camel, 22 Mor--3 Ron with effort removed188 words
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SHIPPING
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Article, Illustration492 2006-07-17 21 Owners spending surplus profits as demand, freight rates rise: report Bloomberg [LONDON] Shipbuilders received more than three times as many orders for oil tankers in the first half as they did a year ago, as owners invested record profits in new vessels,Bloomberg; AP - 492 words
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257 2006-07-17 21 AP. AFP [TAIPEI] An Indonesian freighter capsized near northern Taiwan, but its eight crew members were rescued, officials said yesterday. The Devi Bunyu, loaded with 1,000 tonnes of ethyl acetate, went down off Keelung port on Saturday, officials said. Weather was rough a day afterAP.; AFP - 257 words
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367 2006-07-17 21 ALEC ALMAZAN - By ALEC ALMAZAN in Manila KEPPEL Batangas Shipyard said it will support efforts to refloat the sunken barge Billy Star and dispose of its cargo of sulphuric acid. "This is an unfortunate incident, and we are rendering all assistance to Grand Asian367 words
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Article, Illustration111 2006-07-17 21 AFP An aerial view of Panama Canal's Miraflores locks. Panama's General Assembly has approved last week, an extension plan of the Canal which involves the construction of a third lock that will allow post-Panamax vessels of enormous size to transit through it. AccordingAFP - 111 words
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PORT SHOTS
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Article75 2006-07-17 21 [SINGAPORE] Several people are believed to have been injured in a fire on an LPG tanker at Aqaba, Jordan. According to press reports, the Panamanian-flag Benegas was discharging 4,200 of LPG halfway when the tanker caught fire. The blazing vessel was towed out of the port. (Brew75 words
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Article77 2006-07-17 21 [BEIRUT] As part of its response to the kidnapping of two of its soldiers, Israel has blockaded all Lebanese ports, including the country's international gateway, Beirut, reported Anderimar Shipping News. An Israeli spokesman is quoted as saying: "Israeli naval vessels have enforced a full naval closure on77 words
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Article280 2006-07-17 21 SGX-:\f '000 Jul 14 SS *1- Vol CH Offshore .034 -0 01 640 Chuan Hep .032 -0.01 979 Cocco Corporation 133 -0.06 ***** CWT Distribution .0.63 -0.01 202 EzraHldgs 223 0.01 439 Freightunks 0.06 -0.01 55 Grand Banks Yacht .0.91 unch 19 Jaya Holdings 1.33 -0.02 441 Kl280 words
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353 2006-07-17 21 Owners expect strong demand to continue with China, India growth Bloomberg [ATHENS] Greek shipowners more than doubled first-half spending on new vessels, shipbroker George Moundreas Co said. Owners expect demand will continue to expand because of economic growth in China and India. OwnersBloomberg - 353 words
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234 2006-07-17 21 Reuters [HELSINKI] Finland's CfUttpetition watchdog hits approved Baltic ferry operator Tallink's purchase of rival Silja Line from Sea Containers, it said last week. The takeover would not create such a dominant position in the Finnish market that it would stop competition,Reuters - 234 words
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Advertisement17 2006-07-17 21 Lianhe Zaobao n Size of I S'pore's I private banking I wealth I management I 1/5 Switzerland's!17 words
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Article11106 2006-07-17 22 STRAITS TIMES INDEX STOCKS Stock name Wt dose Change Stock name Wt Close Change Stock name Wt Oom Change Allgreen 50c 0.29 1.250 -0.030 Hyflux5c 0.35 2.170 -0.080 STEngglOc 1.81 2.780 -0 040 Ascendasreit 1.01 1.910 -0.020 JMHUS25C400 3.26 17.600 +0.200 STATSChP25c 0.84 0 950 -0 020 BIL11,106 words
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Article6239 2006-07-17 23 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES Is tool oar In U in USS dy %yt &t yr dy Hyr lul 14 lnde» Oxngg Chang* Change Chang* Lhjnqo Changt A&ldlntoPreliinfiay 9563 11 -13 -03 3J -13 12 iAff Pretnina>y 9615 -14 -13 -15 -0.7 -2.0 CO Europe Preliminary 1288.9 -126,239 words
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Advertisement1652 2006-07-17 24 UK CONTINENT SERVICE U.S.A SERVICE Destination Destination AFRICAN LION RDM/ATW/BMN/TLB/NAN SEAFRIEND CAM/NFK/SAV/NOL Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE F.EJS.EJk. SERVICE Destination ASEAN EXPRESS DBI/ABU/DOH/BRN/DMM/KWT Destination PAN BRIGHT DBI/ABU/DOH/BRN/DMM/KWT ORIENTAL RIVER INC/BSN WIN HONEY INC/BSN Loads Singapore, E./W. Malaysia, Indonesia Loads E. Malaysia, Indonesia OTHER SERVICES1,652 words
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Advertisement743 2006-07-17 24 IINTERASIA RORO SIKVICE VBSa/VOT BARTOW IBGHIP) WC KH L 3 I SW I JKT STUITCVEHTUIEI3/04 1$ 3.2 20/07 23/07 27/07 30/07 01/00 STUITS VENTURE 14/06 15 3.2 04/00 06/08 10/00 13/00 15/00 STlAItt VENTURE 15/04 15 3.2 17/00 20/00 26/00 29/08 31/00 [AUSTRALIAN KOtO SMViq 1 »Bsa/voT I wwn I743 words
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Advertisement1178 2006-07-17 25 WAN HAI INTERNATIONAL PTE LTD CR NO: **********0/R Til: *****588 (HUNK) FAX: *****163 \M\\A/AM II AI I NCC Swvice/locfckgsDirect li» (1800)*****200 V 11 I If Mil lIMI LlllLJ PKL TH: (03) *****5 M fWL (03) *****28S fW HL <04) *****00 FAX; (04)*****99 1L- 1 JOH IB: (07) 251W23 MX: (07)251M211,178 words
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Advertisement1060 2006-07-17 25 \rsr\ EASTERN CAR LINER, LTD \W fc SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TOHS~| WTM-Asi* mvKt vor uhii sin pgu nopi) pkkw) Irm jut lo wua su» kch »tu COSMIC LEAD€K 7T~ 40 40 21/07 22/07 25/D7 27/07 MMM ALICE 3 50 23/07 24/07 27/07 30/07 z z UUCAQ1,060 words
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Advertisement853 2006-07-17 25 m sxttwA WEEKLY EXPRESS SAILING SCHEDULE and western icq points I VKSa I VOT I srn pjoang couhbo ILSWVA COLQOBO I tQTA fUWHA YPWM7 II JUL 12 JUL It JUL I? JUL 23JULZJ DMA GANDHI OIOSW 20 JUL OMIT 25 JUL 28 JUL 01 AUG i 1 I I «uo853 words
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Advertisement835 2006-07-17 26 J #A TU~ l*J W: 65-*****907 Fox: *****917 Nordana (Asia) Pte Ltd 70 Sh-ton Way, *21-03 Marino Howe Singapore *****8 NORTH WEST EXPRESS LINE MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS DATES ARE ARRIVAL DATES I VESSEL VOY Swire Fra—lie Cowlslarf CWistaos lsl«d 5Sj 1 friend Express ISJuj ELkl 08Aw835 words
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Advertisement691 2006-07-17 26 vissa m 58» fOM rasa vfi! Si! JH rACUMDA \m* I»707 U76T aiamiaya? MOC M7OT M 757 MlkHbk T777S 1F57 ***** PACMHTAN 9350 H7S7KCT -STHSI OMSP ***** JT767 AUUUAYA2 WW W757 5T751 WIAHM 177W ***** 51/57 AIAHATA2 WH »S/H WU A. —TSBH g« -®a™ —sw ISB H Igg [iB-l-S-lAiAj [C=lfr»Tg*691 words
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Advertisement385 2006-07-17 26 CONVEHTIOHAL SERVICE CHENNA-MUMBAI-KANDLA 3RD AUGUST Heavy Lift upto 80 tons MV. UFE ETA STH AUGUST DUBAI JEBEL AU-DOHA Heavy Lift upto 70 tons [taj "glory^avig^tiow^br'oupl I( SHta 1970 I OWNS OPERATES THE YOUNGEST FLEET I WITH FOURTEEN 7,000 DWT TWEEN DECKERS I COVERING I THE ENTIRE ASIA PACIFIC PORTS S385 words
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THE BUSINESS TIMES SHIPPING TIMES
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5794 2006-07-17 27 This ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Desfn Name Name Number Number SIN Desfn Name Name Number Number 03AM 15/08 IRISl IRAN KORDESTAN PCL 8149 *****144 To ABIDJAN (ABJ) 2003 Cote D'lvoire To DUNKIRK (DUK) 2117 France5,794 words
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BizIT
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Article, Illustration688 2006-07-17 28 WINSTON CHAI - The company wants to achieve a 60 to 40 split between corporate and retail channels By WINSTON CHAI HAVING carved a foothold in the local consumer segment with gadgets like mobile phones and TVs, Samsung is now honing in on the corporate market with an688 words
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Article, Illustration345 2006-07-17 28 ROLAND LIM - By ROLAND LIM SINCE late last week, users of popular instant messaging platforms Yahoo! Messenger with Voice and Microsoft's Windows Live Messenger have been able to connect to each other using the latest versions of the respective instant messaging (IM) clients. Singapore is one345 words
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<what's new>
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Article, Illustration66 2006-07-17 28 LG HAS launched its 1900 "Fantasy" series of LCD monitors boasting the world's highest contrast ratio of 2000:1. The three new offerings, available in glossy black, also feature a four-millisecond response time, making it ideal for graphics-intensive applications like 3D gaming. With a width of66 words
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Article93 2006-07-17 28 FOLLOWING a five-month trial, VMware has officially launched its free hosted virtualisation software. Called VMware server, it enables users to make provisions for new capacity by partitioning a physical server into multiple virtual machines. VMware Server supports any standard xB6 hardware, as well as a wide93 words
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84 2006-07-17 28 SONY Ericsson has launched the K610i, one of the slimmest and lightest 3G handsets available in the local market. The new phone weighs 89 grams and also features a built-in two-megapixel camera. In addition, it sports an integrated music player and oomes with a84 words
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79 2006-07-17 28 IBM has announced the availability of a new version of its Lotus Notes software for Linux desktops. With "IBM Lotus Notes on Linux", customers can now run version 7 of the e-mail program and accompanying collaboration tools on operating systems like Red Hat Enterprise79 words
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Article, Illustration127 2006-07-17 28 WINSTON CHAI - Compiled by WINSTON CHAI BLACKBERRY has introduced the 7130g, its new smart phone with quad-band network connectivity. Unlike the firm's previous offerings with PDA-like form factors, the new offering is shaped like a conventional handset with dedicated phone keys like "send" and "end", as well127 words
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249 2006-07-17 28 Reuters [SEATTLE] Microsoft Corp chief executive Steve Ballmer pledged last week to never again wait so long between releases of its Windows operating system. The next version of Windows, called Vista, will be the operating system's first major overhaul in five years. Windows sits onReuters - 249 words
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390 2006-07-17 28 AP [WASHINGTON] A leading computer security company, McAfee Inc, repaired a dangerous design flaw months ago in its flagship technology for managing protective software in large organisations but did not warn businesses and US government agencies until last Friday. McAfeeAP - 390 words
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Article, Illustration743 2006-07-17 29 KENNETH JAMES - <we say> salesforce.com wants to change the rules. But it must get past Microsoft KENNETH JAMES Technology Editor LOU Gerstner. Carly Fiorina. Scott McNealy. Bill Gates. Steve Ballmer. Marc Benioff?? Singapore has over the years played host to an impressive A-list of infocomm personalities. Household743 words
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200 2006-07-17 29 Reuters [TAIPEI] Taiwan's High Tech Computer Corp (HTC), the world's largest maker of Microsoft-based mobile devices, said it will start selling its first own-branded 3G mobile phones in Japan later this month. "This will be the first HTC branded phone ever sold,Reuters - 200 words
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367 2006-07-17 29 Bloomberg [NEW YORK] Electrodes implanted in the brain of a paralysed man were able to send signals to a computer that let him use e-mail and operate a robotic a cm without any need for physical movement, a report says. The finding, in lastBloomberg - 367 words
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546 2006-07-17 29 Reuters [SHANGHAI] Motorola Inc, the world's No 2 mobilephone maker, is aiming to take a quarter of the China handset market in the near term as it hones a newly built national retail network, an executive said. The US company now has aboutReuters - 546 words
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Article, Illustration819 2006-07-17 29 ROLAND LIM - By ROLAND LIM HOW many people would pay up to $68,000 for a mobile phone? According to luxury mobile-phone maker Vertu, many more than it can produce. This year it expects its growing base of customers, who fork out between $7,950 and $68,000819 words
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<what's up>
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96 2006-07-17 29 LOCAL football stadiums are set to be equipped with the latest communications and networking technologies, thanks to a new sponsorship deal inked last week between Avaya and the Football Association of Singapore (FAS). Under the $1 million sponsorship deal, Avaya and its partner96 words
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65 2006-07-17 29 ADOBE will be staging PhotoshopWorld Asia on July 9 at the Suntec City Convention Centre. At the event, experts will share their insights on image enhancement and lighting techniques. The company will also offer three free workshops Photoshop Geeks, Darkroom Academy, and Photography65 words
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Article69 2006-07-17 29 IT SERVICES provider Emerio Corporation has appointed Raymond Arogyaswamy as its senior vice-president of operations. Besides his operational duties, the company said he will also be part of the top management team that is involved in Emerio's strategic development. Prior to taking on his new role,69 words
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108 2006-07-17 29 WINSTON CHAI - Compiled by WINSTON CHAI STARHUB is set to provide more entertainment options for its cable TV subscribers under a tie-up with Visiware, an interactive TV games channels provider. From next month, StarHub will launch two new 24-hour channels Playin'TV and Playin'TV£ Mini, offering over108 words
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Article, Illustration815 2006-07-17 30 AMIT ROY CHOUDHURY - IDC study shows firms in high-tech, chemicals, aerospace and defence sectors are biggest spenders on IT, writes AMIT ROY CHOUDHURY AMIT ROY CHOUDHURY TOTAL IT spending by the manufacturing sector in Singapore is expected to be worth U*****.5 million by the end ofSource: IDC - 815 words
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301 2006-07-17 30 Reuters [LOS ANGELES] US video game sales were surprisingly strong in June, but analysts last week cautioned investors that the industry is only partially through a console transition that has softened sales and sent stock prices tumbling. Video game sales rose a better-than-expectedReuters - 301 words
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Advertisement117 2006-07-17 30 Oracle Database 10g World's #1 Database Small Business I ORACLED^TaITAViE STANOARD EDITION ONE Starts at US$l49 per user Oracle Database 10g— Easy to use. Easy to manage. oracle.com or call 1.800.672.2531 Terms, restrictions and limitations apply. Standard Edition One is available with Named User Plus licensing at US$l49 per user117 words
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Advertisement21 2006-07-17 30 PLAY IT AGAIN, SAMSUNG It is now honing in on the corporate market with an onslaught of business-focused products, pg 2821 words
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