The Business Times, 24 July 2006
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2006-07-24
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The Business Times
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Title Section15 2006-07-24 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asial.com.sg MICA (P) 099/03/2006 Monday, July 24,200615 words
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Article, Illustration1083 2006-07-24 1 GENEVIEVE CUA - Private banker sign-on carrots hit million Seller's market sees industry players hungry for asset portfolio offer what some call ridiculous packages By GENEVIEVE CUA [SINGAPORE] The tussle for experienced private bankers has intensified to what observers call "ridiculous" proportions, with some banks reportedly willing to pay signing-on fees of aYEN MENG JIIN - 1,083 words
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558 2006-07-24 1 DONALD URQUHART - Investigation of Consort Bunkers into 4th week By DONALD URQUHART [SINGAPORE] Singapore's $7 billion-a-year bunkering industry has again found itself under scrutiny as the Corrupt Practices Investigation Bureau (CPIB) conducts a probe into local supplier Consort Bunkers. Responding to BT queries on558 words
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Page 1 Advertisements
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Advertisement23 2006-07-24 1 HIH .i HOW DO YOU IMPROVE ON A MASTERPIECE? t I PERPETUAL lON TO DETAIL 11l 8 '887 8r*****4" Markets Digest Page 223 words
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Advertisement5 2006-07-24 1 SMS still driving revenue growth5 words
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TOP STORIES
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Article, Illustration674 2006-07-24 2 KALPANA RASHIWALA - A delisted PCRD will take any PCCW sale out of public domain By KALPANA RASHIWALA [SINGAPORE] Tycoon Richard Li has dismissed suggestions that he is trying to frustrate a takeover offer for his Singapore-listed vehicle Pacific Century Regional Developments (PCRD).674 words
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Article, Illustration712 2006-07-24 2 SIOW LI SEN - Amount totalled almost US$7b in first half, up 44% By SIOW LI SEN [SINGAPORE] Private equity interest in Asia continues to surge, with funds raised rising 44 per cent to almost US$7 billion in the first half of this year, even asSource: Thomson Financial - 712 words
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Article454 2006-07-24 2 Richard Li denies attempt to frustrated bid for PCRD TYCOON Richard Li has dismissed suggestions that he was trying to frustrate a takeover offer for Pacific Century Regional Developments (PCRD). The company pointed out that Mr Li and other controlling shareholders will not be voting at a meeting454 words
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Article134 2006-07-24 2 MARKETS WMk Chge STI ,2371.37 +7.82 KLSECOMP 924 72 .....+11.09 NIKKEI 225 *****.26 -23.98 HANG SENG *****.18 ....+328.47 SET INDEX 685.71 .'.....+24.12 JAKARTACOMP ...1314.58—+11.00 MANILA COMP ....2241.25 +31.10 TAIPEI TAIEX 6420.01 -8.02 SEOUL COMP 1271.33 +16.20 SHENZHEN 8 .293.34 +4.48 AUSTALLORD 4934.30 -9.50 DOW JONES *****.38 ....+129.03 NASDAQ134 words
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Article, Illustration958 2006-07-24 3 CHUANG PECK MING - His life will inspire future generations of Singaporeans, says PM Lee By CHUANG PECK MING [SINGAPORE] Wrapped in the state's red and white flag, the coffin bearing the late Lim Kim San left his home'in Dalvey Road at 9.25 yesterday morningDESMOND LIM/ST - 958 words
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Page 2 Advertisements
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Advertisement275 2006-07-24 2 f^anut This event aims to provide ideas and thought- VVorkshop PfOgrSmme processes relating to the concepts of Demand- Driven Manufacturing in Singapore. It brings Thursday. 3 August 2006, EDC Auditorium together an elite group of industry manufacturing ®Ma executives, experts, consultants and solution providers Demand-Driven Production Workshops Part 1. to275 words
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Advertisement66 2006-07-24 2 people Black belts wanted. Www thepeopleatwork.com Asia-Pacific Executive Search Want the best deal? Invite tenders. Call 1800 289 8822 or email notiees@sph.com.sg to book your tender notice in our newspapers now. KATaXrft notices --*mr BT ONLINE BT print subscribers get free access to the Business Times Online. To activate your66 words
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Page 3 Advertisements
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Advertisement67 2006-07-24 3 "The Citlqroup Private Bank" is a business of Citibank N.A. or Citigroup Inc., which provides Its clients access to a broad array of products and services available throuqh bank and non-bank affiliates. Not all services and products provided by all affiliates are available at all locations. For more information, contact67 words
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COMPANY NEWS
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Article, Illustration668 2006-07-24 4 VEN SREENIVASAN - Takeover offer of $42.56 m for 403 m shares in all-share swap deal By VEN SREENIVASAN MAINBOARD-LISTED aircraft equipment and avionics specialist A-Sonic Aerospace has launched a takeover bid for fellow mainboard-listed logistics firm Airocean Group in an all-share deal worth some $42.56BI,April 4 - 668 words
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832 2006-07-24 4 VEN SREENIVASAN - HOCK LOCK SIEW By VEN SREENIVASAN IT HAS finally happened. About three months ago, this column highlighted the synergies of a potential A-Sonic Aerospace and Airocean Group merger. Sure enough, the mainboard-listed aircraft equipment and avionics specialist has launched a takeover bid832 words
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Article, Illustration458 2006-07-24 5 OH BOON PING - They score better than Taiwan, China, Korean companies: Merrill study By OH BOON PING SINGAPORE companies fared better in terms of overall earnings risk, compared with stocks from Taiwan, South Korea and China, based on a study by Merrill Lynch. However, the republic still lostFILE PHOTO - 458 words
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COMPANY BRIEFS
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148 2006-07-24 5 MABINE supply company Sinwa Ltd revealed over the weekend a Court of Appeal order involving its substantial shareholders Mike Sim and David Sim. The Court has ordered the two men to work out an agreement within 30 days regarding David Sim's 13.5 per cent148 words
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Article76 2006-07-24 5 EASYKNIT International's net profit for the year ended March 31,2006, halved to HK5172.9 million (5535.2 million) from HK5348.5 million previously. Turnover fell 17 per cent to HK5489.7 million. Another factor behind the smaller bottomline for the latest financial period is the non-recurrence of HK5158.6 million76 words
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Article54 2006-07-24 5 SNF Corporation has clarified that the on-going investigation by Commercial Affairs Department relates possibly to offences under the Securities and Futures Act, possibly by certain officers and/or members of the company, and "do not in any way relate to the operations or financial54 words
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86 2006-07-24 5 UNITED Fiber System Ltd (UFS) says the Singapore Exchange has provided its clearance of the circular for the proposed acquisition of PT Kiani Kertas and its related financing plan. SGX had on May 29 granted in-principle approval to UFS for the listing and quotation86 words
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499 2006-07-24 5 CONRADTAN - Boost from seafood price hike, higher China demand By CONRADTAN FISHING companies such as Pacific Andes and China Fishery are expected to post strong results for the quarter just ended, boosted by a general rise in seafood prices and higher demand from499 words
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331 2006-07-24 5 DONALD URQUHART - By DONALD URQUHART KEPPEL Telecommunications Transport (KepT&T) has increased its stake in Singapore's third largest telco, Mobile One (Ml), after spending nearly $18 million to acquire an additional 8.66 million shares, giving it a nearly 15 per cent shareholding. The additional331 words
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Page 4 Advertisements
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Advertisement1838 2006-07-24 4 WATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF THE BLUEPRINT INITIATIVE ASIA PTE LTD (In Creditors' Voluntary Liquidation) Registration no. *****6253H NOTICE OF FINAL MEETING NOTICE 18 HEREBY GIVEN mat pursuant to Section 308 of the Companies1,838 words
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Advertisement568 2006-07-24 4 WBL CORPORATION LIMITED (Incorporated In Singapore) LOST STOCK CERTIFICATES Notice is hereby given that the following stock certificates have been reported lostCertificate No. In the Name of Stock Units *****9 Estate of Ong Choo Keow, Deceased 1,800 *****5 Estate of Ong Toh, Deceased 1,000 *****8 500 Notice is hereby given568 words
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Advertisement26 2006-07-24 4 t Joining forces? Announce the good news. Call 1800 289 8822 or email notices@sph.com.sg to book your eoTporate notice in out newspapers now. WATS NOTICES I26 words
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Page 5 Advertisements
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Advertisement247 2006-07-24 5 1/ jfl 1/ t: ..v r -v, v .„.J.. V tew Available in 13.SL modah. Specificate, auto/act to chang* Specification, vary from modal to modal. mKttKtttKKtKKttKtKtKtttttKtKKKtKKKKtK/t^ K SHlFT_modern luxury E[ F™ I i^CD 4r Made in Japan Cruise control Human Machine Interface System* Bi-xenon headlamps* Memory driver seat (2 memories)247 words
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SINGAPORE MARKETS
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Article, Illustration648 2006-07-24 6 R SIVANITHY - STOCKS R SIVANITHY Senior Correspondent THEY'VE become the market's latest "defensive" play or to be more accurate, they represent the most "defensible" play as far as fund managers are concerned, particularly those struggling to boost their performances after a wretched three months. You could648 words
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432 2006-07-24 6 CURRENCIES AFP [HONG KONG] Asian currencies ended last week higher against the dollar after remarks by the Federal Reserve chairman raised hopes of a pause in the series 6f US rate hikes. Japanese yen: The yen bounced back against theAFP - 432 words
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Article583 2006-07-24 6 Paymaat b »00tt f»y U Baota fay ItM «au d— <«ttL M» <«* SH» &>*- AscendasROT 'tots 3» >1 M 2frM MA»g PopiiarMdgi 10c 070 07Sep 0?Sq> 14-Sep AvaFiger F fcnWU lOAug IMif 2Mug RafflesEdu J 12S 11 M 14-M M^W Australand Prop I* <0C JSir 03« 03-Aug583 words
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389 2006-07-24 6 COMMODITIES AFP [LONDON] The price of crude oil, in line with many other commodities, sank last week amid rising hopes that a resolution might be found to the latest upsurge in violence in the Middle East. On Friday, the Commodities Research Bureau'sAFP - 389 words
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Article, Illustration1684 2006-07-24 6 Consensus No.of Forecast Mean Fri's Consensus _Fofe<ast_ recommendation estf- EPS K target price i,5«i SET Company name This wk Last mth mates (cents) (ratio) price Company name This wk Lastmth mates (cents) (ratio) price (5) Advanced Holdings 1.00 1.00 3 5.98 877 1 05 0-52 Allqreen Properties 2.401,684 words
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Article, Illustration1407 2006-07-24 7 TEH HOOI LING - TEH HOOI LING Senior Correspondent IT WAS a choppy week, with the market last week having to grapple with the fighting in the Middle East, yet another record high in oil prices, US corporate earnings announcements, and the remarks of US Federal Reserve chairman1,407 words
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Article, Illustration1028 2006-07-24 7 ROBERT HALILI - INSIDE MARKETS But notable purchases seen in Elec Eltek and GP Batteries, and sales in Metro and Pacific Andes, reports ROBERT HALILI ROBERT HALILI THE trading activity by directors and substantial shareholders was low last week based on filings on the Singapore Exchange1,028 words
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VIEWS FROM THE TOP
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Article, Illustration3931 2006-07-24 8 THIS WEEK'S TOPIC How can charities in Singapore regain the confidence of donors and convince them to give more money and time? I HAVE faith that the setback caused by a single incident would be temporary as Singaporeans do believe in giving. But there is much toPhoto: Yen Meng Jiin - 3,931 words
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Page 8 Advertisements
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Advertisement181 2006-07-24 8 BTCEOse-Ciub 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 comments from these top executives on various181 words
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Page 9 Advertisements
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Advertisement329 2006-07-24 9 )rs in terms of transparent the financial reporting process. legitimacy of the munication on proceeds Nearer home, the recently chanties they are raising cted are being utilised. introduced Guide to Better Practices SINGAPOREANS are generally funds for. It used to be for Institutions of Public Character strong supporters of charities329 words
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DINING OUT
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Article, Illustration1154 2006-07-24 10 NEW RESTAURANTS Hyang-to-gol 165 Tanjong Pagar Road, Level 2, Amara Hotel. Teh 6220 7160 LOVERS of Korean food will be pleased to learn that there's a new culinary kid in town. The Hyang-to-gol restaurant at the Amara Hotel might be a bit ofYEN MENG JIIN - 1,154 words
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Page 10 Advertisements
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Advertisement369 2006-07-24 10 ■M k A JHi r fll i iifcfj^ T,. mFW *^EKm IF |J| LOBSTER MANIA :^sj From 15 July to 15 August, our team of Chefs at The Dining Room wiil present you an array of delightful ways to enjoy lobster, the premier :< W **4 ~J! crustacean. Take your369 words
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Page 11 Advertisements
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Advertisement511 2006-07-24 11 H9 |ATA ■iwSW^MTvTf Renowned for serving only the freshest seafood signature black pepper crabs. Truly authentic Hunan cuisine, with its robust and Tung Lok Seafood (East Coast) now offers a new range of barbecued seafood! spicy flavours, can now be enjoyed in this house. mmmM 1 £S3S£ Noble House Zitlßltlt511 words
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SINGAPORE NEWS
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Article, Illustration544 2006-07-24 12 CONRADTAN - Customers can get onetime password via SMS, download it on newer phones By CONRADTAN OCBC Bank has become the latest bank here to announce its two-factor authentication security scheme for its Internet banking retail customers, but with a slight twist. Instead of544 words
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315 2006-07-24 12 DONALD URQUHART - By DONALD URQUHART MINISTER for Community Development 'Youth and Sports Vivian, Balakrishnan yesterday urged Singaporeans to adopt financial planning at an early age. Speaking at the opening of the Fourth Financial Planning Conference yesterday organised by Berita Harian, Dr Balakrishnan, who is also Second315 words
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518 2006-07-24 12 JAMIE LEE - By JAMIE LEE THE value of hotel construction projects in Singapore more than doubled in the first six months of this year compared to the same period last year, but the country saw its construction value of the retail and exhibition sector halved518 words
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Article112 2006-07-24 12 DATE/ TIME EVENT VENUE 24-25 Jul Highly Interactive Seminar Singapore Marriott 830am on Price Management as a Hotel Competitive Weapon in the Asian Marketplace with many case studies 26 Jul Start-UpOSingapor® NUS Engineering 9.00am Enterprise launcher 2006 Auditorium, 9 Engineering Drive 1 26-28 Jul Stationery Officetink Suntec Singapore,112 words
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Page 12 Advertisements
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Advertisement348 2006-07-24 12 .y-" 'V f "v-** ENABLE. EMPOWER. BUILDING A GLOBALLY COMPETITIVE ENTERPRISE Subsequent $40 SCCCI member, $60 non member Presented by It g£ 'jf-tßtw-r in A 17< -mw IP*. -M] mumamis tumor cwaiciihum I■Jr\ Uaahe ZaotMV SINGAPORE In today's vibrant and challenging global economy, enterprises need to know the "what" and348 words
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Advertisement79 2006-07-24 12 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 anglccGsph.com.sg r i E5O Leaders Talk j I Name: I l Designation:79 words
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BT-CITIBANK YOUNG INVESTORS' FORUM
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Article, Illustration2071 2006-07-24 13 SWATI CHAUDHARY - CAMPUS LIFE Three Singapore graduates tell SWATI CHAUDHARY what inspired them to success in university and their experiences in practical life SWATI CHAUDHARY TO MOST people, graduation is more than just a certification of the knowledge gained in college. It symbolises the promise2,071 words
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Page 13 Advertisements
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Advertisement252 2006-07-24 13 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, Illustration522 2006-07-24 14 FED CHAIRMAN'S CONGRESSIONAL TESTIMONY Analysts warn price pressures may grow despite Fed chiefs optimistic remarks Reuters [NEW YORK] For a self-pro-claimed advocate of infla-tion-targeting, Federal Reserve Chairman Ben Bernanke seemed remarkably unperturbed this week by recent signs that price increases in the economyare accelerating.Reuters; AFP - 522 words
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531 2006-07-24 14 Move is meant to curb China's record trade surplus Reuters [BEIJING] China is to cut tax rebates *on exports of energy-consuming and re-source-intensive products within the next three months as it seeks to curb a record trade surplus, Xinhua news agencyReuters - 531 words
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389 2006-07-24 14 Bloomberg [WASHINGTON] Federal Reserve chairman Ben S Bernanke's congressional testimony accentuated a split among economists about where interest rates are headed after next month. Mr Beraanke forecast slower economic growth and an easing of inflation, which a government report last week showedBloomberg - 389 words
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591 2006-07-24 14 It'll instead use monetary levers to slow GDP growth AFP [BEIJING] One year after the Chinese currency was cut loose from the US dollar, Beijing is making clear in both word and deed that it plans no dramatic additional revaluation, despiteAFP - 591 words
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Page 14 Advertisements
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Advertisement73 2006-07-24 14 L 4 U- W Hrifllr Jr Pioneer Qf JF Contemporary Chinese Cuisine fcjibuisite Dim Soro, Lunch anMpinner Tasting Menus Reservations: 6834 0660 SSJ mum CUJBCHINOIS Orchard Parade Hotel Level 2 Singapore Tatler Best Restaurants Hall of Fame Awards 2006 Gourmet Hunt 2005 Gold Award Wine Dine Top Restaurants Tung Lok73 words
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Advertisement12 2006-07-24 14 action Brought to you by the Action Community for Entrepreneurship n tT«pr«n>ur>hl»12 words
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MALAYSIA/INDONESIA
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596 2006-07-24 15 ANTHONY ROWLEY - Talks could include N Korea's missile launch, strained China-Japan ties By ANTHONY ROWLEY in Tokyo A WINDOW of opportunity for progress on critical diplomatic issues, including North Korea's recent missile launches and Japan's strained relations with China, will open this week when596 words
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Article, Illustration626 2006-07-24 15 PAULINE NG - MALAYSIA INSIGHT With National Automotive Policy, going will only get tougher and only the fittest will survive PAULINE NG KL Correspondent IT WAS bound to happen. The good times in the Malaysian car industry have come to an abrupt end and players are smarting626 words
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177 2006-07-24 15 Bloomberg [JAKARTA] Cemex SA's US$337 million sale of a stake in PT Semen Gresik to end a five-year dispute over control of the Indonesian cement producer has been delayed. The signing of a sale agreement with Rajawali Group, set for 4pm local time lastBloomberg - 177 words
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Article, Illustration402 2006-07-24 15 Bernama [KUALA LUMPUR] The YTL Group will submit a proposal containing the financial and engineering aspects on the RMB billion (553.4 billion) bullet train project between Kuala Lumpur and Singapore to the government as soon as possible. Managing director Francis YeohBernama; BLOOMBERG - 402 words
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Article3088 2006-07-24 15 Transaction da te: Jul 21 For a full listing of the closing prices, log on to BT Online at http://business-times.asia1 .com.sg after 11.30pm every trading day HONG KONG Wot DatanglntnlPowe, Gene ...4.93 undi 3610 HKS '000 Denway Motors 2.55 unch ***** Digital China 2.55 -0.05 1160 Aeon Credit3,088 words
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Page 15 Advertisements
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Advertisement78 2006-07-24 15 MdDdD Ltd s\ PAYROLL HR SOFTWARE SOLUTIONS iSuperSuite 24/7 Anytime, Anywhere C"1 iSuperLeave Online Leave Management y iSuperPay Online Payroll with ePayslips ®upeft«« iSuperHß Online HR Management I W\ iSuperClaims Online Claims Management J<■ 1 \>o S sup«f>.y iSuperTraining Online Training Management Windows Modules p) 1 Super Pay Payroll System78 words
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GREATER CHINA/INDIA
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Article, Illustration755 2006-07-24 16 NEWS ANALYSIS Latest reserve ratio rise has been less aggressive than expected: analysts Reuters [SHANGHAI] China's stock and bond markets are likely to rebound modestly today after the central bank announced its second monetary tightening in five weeks, while the yuan may retreatReuters; REUTERS - 755 words
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286 2006-07-24 16 AP [TAIPEI] The Taiwan government may allow a number of companies to invest more in rival China but will not grant an overall relaxation of its investment restrictions, a senior government official said. Taiwan plans to hold a two-day economic forum inAP - 286 words
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415 2006-07-24 16 Delhi shows 32% rise vs independent estimates of 17% Bloomberg [SINGAPORE] The International Monetary Fund (IMF) will query the Indian authorities on official trade statistics that show exports in the quarter ended June 30 grew almost twice as fast as estimated byBloomberg - 415 words
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Article142 2006-07-24 16 Reuters [MUMBAI] India's second-largest lender in which Singapore investment agency Temasek Holdings has a stake, ICICI Bank, on Saturday posted a 17 per cent rise in its quarterly earnings, beating forecasts, riding on strong loans demand from individuals and companies expanding capacity. The bank said netReuters - 142 words
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398 2006-07-24 16 Bloomberg [NEW DELHI] Honda Motor Co, Mitsubishi Chemical Holdings Corp and other Japanese companies may invest US$2 billion in India over the next three years, spurred by India's economic growth and incentives such as the setting up of a "Japanese city". "We expectBloomberg - 398 words
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228 2006-07-24 16 AFP [BHUBANESWAR, India] An Indian mining entrepreneur has agreed to invest US$l billion in the setting up of a top-class university in the impoverished east of the country, an official said on Saturday. Anil Agarwal has signed an accord with the state of OrissaAFP - 228 words
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Page 16 Advertisements
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Advertisement143 2006-07-24 16 CITIRAYA (SINGAPORE) PTE LTD IN JUDICIAL MANAGEMENT Significant quantity quality of materials with precious metal content for processing and extraction IC QFP A IC (mixed) IC Scrap Sand (blasting) ICBGA Crushed PCB mixed PCB Spent catalyst Total approx. Sand (au mine), gold dust > 280 to| es Silver coated Silver143 words
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Advertisement52 2006-07-24 16 to know more about the exciting executive study I system provided by FTMS? Hesitate no longer. Join us at our Course Preview Talk Date: Tue (25/07/2006) Venue: FTMS House, #02-01 182 Clemenceau Avenue For more information, contact: FTMS Training Systems Pte Ltd Tel: (65) *****033 Fax: (65) *****060 Email: cfa@ftmsglobaLcom52 words
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ASIA-PACIFIC/WORLD
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940 2006-07-24 17 ANDREW MARKS - WALL STREET INSIGHT US investors will have Q2 profit reports and guidance from over 800 firms on which to focus their attention over the course of this week By ANDREW MARKS in New York AFTER yet another difficult week, Wall Street is940 words
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577 2006-07-24 17 Syrian minister also criticises the US for not working towards a ceasefire Reuters [MADRID] Syria will enter the Israeli-Hezbollah conflict if Israeli ground troops enter Lebanon and approach Syria, Syrian Information Minister Mohsen Bilal said in an interview published yesterday. "If IsraelReuters - 577 words
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Article457 2006-07-24 17 AFP [WASHINGTON] A growing number of Americans are setting up mini-refineries in their homes to produce biodiesel, a fuel made from waste cooking oil which is cleaner and cheaper than the petrol sold in gas stations. The sky-high price of crude oil is scaring everyone.AFP - 457 words
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Article, Illustration65 2006-07-24 17 [BERLIN] The World Cup's not over yet for this curious polar bear at the city zoo cts it checks out a football- shaped ice bomb decorated with lettuce and carrots. With the heatwave in Europe bringing temperatures of 35 degrees Centigrade and even more to Germany, aAFP - 65 words
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310 2006-07-24 17 Reuters [LONDON] Mobile phone giant Vodafone Group faced a potentially widespread shareholder revolt after one of its biggest investors said on Friday it would vote against the re-election of chief executive Arun Sarin. Morley Fund Management, whose 2.1 per cent stake makes it one ofReuters - 310 words
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Article, Illustration241 2006-07-24 17 Reuters [NEW YORK] News Corp chief executive Rupert Murdoch has said his financial assets will be divided equally among his six children after he dies. But in an interview on The Charlie Rose Show aired last Thursday, Mr Murdoch said ifReuters - 241 words
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178 2006-07-24 17 Reuters [LONDON] US real estate investment firm Starwood Capital is in talks with advisers to launch a bid worth around £3 billion (SsB.B billion) for UK leisure group Whitbread pic, the Financial Mail on Sunday reported. In an unsourced report, the paper saidReuters - 178 words
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FOCUS
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Article, Illustration1513 2006-07-24 18 China's coal mining industry wreaks havoc on the environment and the living conditions of its rural population NYT [SHANGMA HUANGTOU, China] When Wei Yong returned home to his ancestral village last year to visit his 77ye a r o 1 d mother, he heaYß about theNYT; AP - 1,513 words
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Article, Illustration769 2006-07-24 18 NICHOLAS D KRISTOF - By NICHOLAS D KRISTOF AP [BEIJING] In the 17 years since the bloody crackdown on the Tiananmen democracy movement, China has enjoyed an economic miracle and remarkable political stability. But my hunch is that that period of smooth sailing is now coming toAP; AFP - 769 words
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AVIATION
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Article, Illustration902 2006-07-24 19 FARNBOROUGH INTERNATIONAL AIRSHOW They go all out to court clients, journalists and analysts at air show LAT-WP [FARNBOROUGH] Arch rivals Boeing Co and Airbus SAS have been engaged in a do-or-die battle for dominance of the commercial airliner market for years. And theyLAT-WP; AP - 902 words
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Article667 2006-07-24 19 air fugmt fia fught no 0tflpaMr pr y ,r Aim Dhabi ***** 1300 MI II-1 *if}i II? aaaK mm 88 I 91 Hhwtdihid S0443 0825 S0v 25 5 Amsterdam Iff" Dfcafca 0550 »436 2030 ww lH rasss "VJM Bit® ii i M I345X vffiS IVtf Ha»S5667 words
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Article775 2006-07-24 19 Reuters [FARNBOROUGH, England] An invasion of killer drones struck English commuter town Farnborough last week as Boeing Co and other firms showed off sleek, pilotless spyplanes set to reshape future combat. Aerospace companies are working feverishly to develop the next wave of aircraft, lookingReuters - 775 words
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213 2006-07-24 19 Reuters [BANGKOK] Bangkok's multi-billion dollar new airport, which has been plagued by corruption scandals and delays, will open to commercial traffic in the early hours of Sept 28, Prime Minister Thaksin Shinawatra said on Friday. Suvarnabhumi's full opening, which Dr ThaksinReuters - 213 words
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Page 19 Miscellaneous
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Miscellaneous195 2006-07-24 19 CRYPTIC CROSSWORD DOWN afraid to think for them- Across: 1 Ethereal, 9 Idolater, 10 1 Island reporter covers Austra- selves? (4,8) Daft, 11 Reservations, 13 Runlia (4) 14 Beating young skipper with a ner-up, 15 Ticker, 16 Mere, 17 2 Join one in the army to be- tingling pain (10)195 words
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SHIPPING
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Article, Illustration1014 2006-07-24 20 It looks set to remain as one of world's most important shipping channels PSA's@The Helm PEOPLE constantly talk about how •the world is getting smaller with budget airlines, mobile phones and the Internet. The phrase does seem hackneyed and overplayed. Yet, rewind almost a centuryPSA's@The Helm; AFP - 1,014 words
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Article, Illustration237 2006-07-24 20 FERDINAND Marie de Lesseps was the man who linked Europe and the Middle East together sea-wise. He was a career diplomat before his close diplomatic ties with the ruling elite in Egypt paid off with a contract to build the Suez Canal.237 words
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251 2006-07-24 20 Kuehne Nagel H1 net seen up 61 Reuters [ZURICH] Swiss freight company Kuehne Nagel is expected to post a 61 per cent rise in first-half net profit, driven by strong global trade activity. The group's net profit is set to rise to 209 million Swiss francs (*****.9 million) before minoritiesReuters - 251 words
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734 2006-07-24 20 Bloomberg [LONDON] The cost of shipping crude oil from the Middle East to Asia on two mil-lion-barrel tankers will probably remain near a five-month high because so few ships are now available that a decline in demand won't make much difference. Hiring costsBloomberg - 734 words
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193 2006-07-24 20 AFP [COLOMBO] Ships using Sri Lanka's main sea port have raised cargo tariffs to- compensate for losses incurred by an 11-day go-slow by dockers which has held up over 30 vessels, officials said on Friday. A "recovery charge" of US$4O was to be levied onAFP - 193 words
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Article11737 2006-07-24 21 STRAITS TIMES INDEX STOCKS Stock name Wt Oo» Change Stodiname Wt OoM Change Stodcname Wt Oom Change Allgreen 50c 0.29 1.230 -0.020 Hyflu*5c 0.35 2.120 +0.030 STEngglOc 1.76 2.710 *0.020 Ascendasreit 0.99 1.890 -0.040 JMHUS25c400 3.26 17 700 -0 200 STAT5ChP25c 0.83 0.940 -0.025 BILIntl US20c 0.43 1.42011,737 words
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Article6313 2006-07-24 22 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES hi local curr la SS In USS dy yr dy yr Of %yr lul Inde* Chang* Chang* Change Chang* Chang* Chang* ttwW index 9623 06 -08 06 -3.0 -04 2.0 8 EAfE Preliminary 965.1 <1 -HJ <S <.9 Europe Preliminary 1296.2 -14 06-036,313 words
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Advertisement1424 2006-07-24 23 UK CONTINENT SERVICE U.S.A SERVICE Destination Destination AFRICAN UON 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.E.A. 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 SERVICES1,424 words
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Advertisement700 2006-07-24 23 IINTERASIA RORO SERVICE 1 VPSa/VOT RAMPffT) «GHHM) PKG KOI IP SW JKT STRAITS VEMTUIEI3/04 15 3.2 20/07 23/07 27/07 30/07 01/08 STRAITS VENTURE 14/04 IS 3.2 04/08 04/08 1 0/08 1 3/08 15/08 STRAITS VENTURE 15/04 15 3.2 17/08 20/08 24/08 29/08 31/08 I AUSTRALIAN IKHK> SIftVKT j vßsa/vor ramppcd700 words
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Advertisement1182 2006-07-24 24 rip, EASTERN CAR LINER, LTD V 1 SPECIALIZE IN RORO A HEAVY UFT UPTO 450 TOWS INTRA-ASIA SiRVKE VOY Ro* Uftta« SIN PGU PKL(N) P*L(W) PUN JKT 13 MUA SUI KCH ITU MMM ALICE 3 SO 24/07 25/07 28/07 31/07 UIAC ACE 41 ~30~ "WST 24/07 W/07 ~5T75T COSMIC MASTER1,182 words
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Advertisement911 2006-07-24 24 m -ass/;*' WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICQ POINTS VESSEL VOY SIN PJUAHGICOLOMIO N. SHEVA (OIOMIO IHDIKA EAHDNI DIOSW I? JUL 211JU1 Ziilll ZZJUi ILllli RAjrV GANDHI OIOSW 26 JUI OMIT 31 JUL 03 AUG 07 AUG KQTAPffTAMA K*j?j JC 1? *VQ HOWHAH lIIDGE911 words
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Advertisement737 2006-07-24 25 Hi. fa*\ni i a. j Teh 65-*****907 Fax: *****917 Nordana (Asia) Pte Ltd 70 Shenton Way, #21-03 Marina House Singapore *****8 NORTH WEST EXPRESS LINE MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS DATES ARE ARRIVAL DATES VESSEL VOY Shaaoore Pom* fffljjHt« I Cocmlilbwl Chrhtwas Island PoskOfdow Island Express m I737 words
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Advertisement631 2006-07-24 25 R, fe— pP m» na l?ln=s%= g;i&u ■Mi I jiwliifo —I Ibmlwl ii/m I »/gZ jywH —n& B!w jj/» >ijuiitii) l?j> iT/w 5/17 1111 IB IjMlillil^J fer- ji 1 jgfa. igufciaapißfi K I™ 188l 88 13* 1 1 IB" VOY SIN PO«T KLANG QMTTAGOHG Mnrti ftw" »ik«k(PAT) I— 0"*— I631 words
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Advertisement428 2006-07-24 25 CONVENTIONAL SERVICE COLOMBO, CHENNAI, MUMBAI 2ND AUGUST Heavy Lift upto 60 tons MV. UFE ETA STH AUGUST DUBAIJEBEL AU-DOHA Heavy Lift upto 70 tons r^ILORfNAVIfiATIONGROUpI 1 SINCE 1970 i I OWNS A OPERATES THE YOUNGEST FLEET WITH FOURTEEN 7,000 DWT TWEEN DECKERS m COVERING THE ENTIRE ASIA PACIFIC PORTS I428 words
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THE BUSINESS TIMES SHIPPING TIMES
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6306 2006-07-24 26 This ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone I SIM Desfn Name Name Number Number SIN DeA'n Name Name Number Number < To FREMANTLE (FRE) 2130 Australia To ABIDJAN (ABJ) 2003 Cote D'lvoire 06/08 14AM PTDjakarta ANL ESPRIT 028S6,306 words
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BizIT
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Article, Illustration813 2006-07-24 27 WINSTON CHAI - IT solutions are aimed at ensuring that business continues despite severe disruption, reports WINSTON CHAI WINSTON CHAI OVER the weekend, Singapore authorities spearheaded a drill to test the readiness of healthcare and immigration departments during a flu pandemic. And the IT industry hasn't been813 words
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Article327 2006-07-24 27 Bloomberg [SAN FRANCISCO] Worldwide personal computer shipments expanded to 54.9 million units, researcher Gartner Inc said. Competitor IDC said in a separate statement that shipments rose by 9.7 per cent. Hewlett-Packard increased its market share by half a percentage point to 15.9 per centBloomberg - 327 words
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Article, Illustration582 2006-07-24 28 ROLAND LIM - The chip leader is confident of retaking market share By ROLAND LIM COMPUTER chip giant Intel last week launched its longawaited "Montecito" Itanium processor, just before it released its second-quarter earnings results which showed profit falling 57 per cent. Intel's latest chip, the582 words
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<what's new>
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Article, Illustration114 2006-07-24 28 SAMSUNG has taken the wraps off three handsets under its new "Ultra Edition" family. The SGH-XB2O is touted as the world's slimmest phone with a thickness of 6.9 mm. The triband phone, which weighs only 66 grams, also packs in a two-megapixel camera and114 words
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117 2006-07-24 28 SECURITY software specialist Symantec has launched Backup Exec System Recovery, a software tool to help companies restore failed IT systems in times of disaster. Designed for Windows-based servers and PCs, the new offering incorporates features from the company's Live State Recovery product into a117 words
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Article, Illustration93 2006-07-24 28 NETWORKING gear maker SMC has introduced the SMC2SS2W-G2 (above) and the 5MC2555-AG2, the latest additions to the company's Elite Connect wireless access point family. Targeted at enterprises and small businesses, the new products include a host of security, connectivity and management features such as support93 words
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Article, Illustration88 2006-07-24 28 Ml has launched a 3G-enabled version of the popular Blackberry handset. The Blackßerry 8707 v (above) features quad-band network connectivity in addition to supporting 3G networks. It incorporates a 320x240 QVGA screen that is equipped with light-sensing technology to conserve battery life and optimise screen88 words
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91 2006-07-24 28 WINSTON CHAI - Compiled by WINSTON CHAI ADOBE has launched Lightroom Beta, a test version of its digital imaging workflow software aimed at professional photographers. The tool allows users to import, select, develop and showcase large volumes of digital images. Photographers can scroll through hundreds of images rapidly91 words
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Article, Illustration668 2006-07-24 29 AMIT ROY CHOUDHURY - This trend likely to continue in S'pore in the short to medium term By AMIT ROY CHOUDHURY EVEN though Singapore will have almost half a million third-generation mobile telephony (3G) subscribers by the end of this year, all able to access rich media668 words
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<what's up>
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115 2006-07-24 29 THE Asia-Pacific region, excluding Japan, is still witnessing strong demand for dedicated MP3 players despite the challenge from music-enabled phones. According to the latest study from research firm IDC, the MP3 player market is expected to grow at an annual rate of 20.8115 words
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Article76 2006-07-24 29 THE Institute for Infocomm Research will be holding the 13th Infocomm Horizons seminar at the Orchard Hotel on Sept 1. This year the event will delve into the convergence between wireless communications and media industries and examine the impact of this trend on other vertical sectors.76 words
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Article70 2006-07-24 29 BUSINESS intelligence software maker SAS has teamed up with Nanyang Technological University (NTU) to offer a new undergraduate programme in data-mining. The course will be available this year and is conducted by NTU's School of Computer Engineering. Students who enroll in the course will have70 words
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Article66 2006-07-24 29 AUSTRALIA-BASED unified messaging solutions provider mßox has chosen Singapore to be the location for its flagship overseas operations. The company's Messageln service provides users with a virtual number for receiving faxes and voicemail. With the new local presence, the firm is now offering Singapore users a66 words
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71 2006-07-24 29 WINSTON CHAI - Compiled by WINSTON CHAI SINGAPORE-BASED EC-Asia, a manufacturer of flash memory and DRAM products, has taken on a new corporate logo in tandem with its vision of expanding beyond its current business segments. The new moniker is a red logo based on the company's abbreviated71 words
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885 2006-07-24 29 ROBIN SEOW - <you say> Globalisation makes mobility an absolute necessity, says ROBIN SEOW ROBIN SEOW Mobile technology has irreversibly changed the way we live, work and play. Today, professionals, executives and even students are more likely than ever to buy a notebook rather than885 words
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Article, Illustration790 2006-07-24 29 LAT-WP [WASHINGTON] Windows Vista Microsoft's yearslate successor to Windows XP has moved from being a speck on the horizon to a figure in the middle distance. It's still far enough from stores to be easily ignored by most customers, but close enoughLAT-WP - 790 words
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Advertisement373 2006-07-24 27 that you can save the whole job fIPB including page settings and j&rF' W* reprint later. This means that i! [VntfYF* \jQ excess quantities don't have to be printed in advance. jt- Ted Matsumoto Recommended solution: Chief Diagnostics Advisor Canon's imageWARE Publishing Q. How can I ensure the Manager 0373 words
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Advertisement50 2006-07-24 27 FOCUS: VoIP All set to disrupt the telecoms industry PG3O I f L Ai j w w a jk «y '.j» V J ikM VN v JttJUHI J i c- m It v<?s TiF Mm* USJu it "%A V MS S V\v I w£jr J Wr SsJW < -T» IwJr50 words
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Advertisement246 2006-07-24 28 c 3 THE POSSIBILITIES ARE INFINITE /#K jUk mi Continued R&D Investments Reduce Operating Costs nves ted over 2.l4t>illion USD worldwide on Smaller power supply units improved cooling R&D in 2005 to improve a variety of platform methods generate substantial operational cost areas such as airflow and memory reliability. savings.246 words
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BizIT FOCUS: VoIP
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Article, Illustration1298 2006-07-24 30 AMIT ROY CHOUDHURY - The dramatic growth of VoIP has presented the industry and regulatory bodies with a host of challenges, writes AMIT ROY CHOUDHURY AMIT ROY CHOUDHURY WITH Voice over Internet Protocol (VoIP) fast becoming a major means of communication, especially for enterprises, service providers as Well1,298 words
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Article270 2006-07-24 30 KONRAD Trope, chairman of the VoIP Committee of the American Bar Association, has been dealing with the legal issues concerning Voice over Internet Protocol (VoIP) and has outlined a set of recommendations with regard to VoIP. Based on information obtained from the industry and various270 words
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Advertisement91 2006-07-24 30 This feature is brought to you by Panasonic ideas for life f," wj I o!§g§fe|g2 HB il ~iMtt ePfe-T ai_ mvb r x d |aj I^^BRffl' iitfwii" wS-^mSSSSSSU 'g&g'Z t/ c »t»®>Ml rj| ■•"/.■■apt jp» .^HPi i """ii'M "l ri|I|TJMHII^^MMM|BHB^MWBHK»BMi <mmj i rrr V BU z 1■" XgMwJf *****-06 491 words
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