The Business Times, 28 August 2006
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2006-08-28
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The Business Times
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Title Section23 2006-08-28 1 THE BUSINESS TIMES wth ANNIVERSARY JO A SINGAPORE PRESS HOLDINGS PUBLICATION MICA (P) 099/03/2006 SINGAPORE 85 cents online at http://business-times.asial.com.sg Monday, August 28,200623 words
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737 2006-08-28 1 LESLIE YEE - It's first bank here to extend such loans to older homeowners; other banks not keen to join race By LESLIE YEE [SINGAPORE] Catering to the needs of Singapore's ageing population, OCBC Bank has become the first bank here to offer reverse mortgage loans, joining pioneer,737 words
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Article, Illustration662 2006-08-28 1 ARTHUR SIM - Eight such homes resold for 20% gain in past 12 months By ARTHUR SIM [SINGAPORE] Some rich people are getting richer by selling their new Good Class Bungalows (GCBs) for a quick profit. An analysis of caveats by Savills Singapore revealed that662 words
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Advertisement60 2006-08-28 1 rarfi dining out Summer flavours 0., Indulge In a selection of Western, Japanese, Thai and Chinese cuisine from the theatre-kitchens of award-winning mezza9. J ,/t'r FEEL THE HYATT TOUCH® For reservations, please call 6732 1234. x v 7? *\'.j I :10 Scotts Road Singapore *****1 I. TELB S HONE *****23460 words
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Advertisement14 2006-08-28 1 COMMENTARY Telcos, consider the SlMple life PAGE 29 8 Markets Digest on Page 314 words
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Advertisement26 2006-08-28 1 BttlT S'pore business intelligence B 4 market worth USs22m in'o6 V| PAGE 30 M\ H s^m YOUNG INVESTORS' FORUM The amazing race Singapore style page 1426 words
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Advertisement27 2006-08-28 1 COMPANIES Technology stocks looking good PAGE 4 NATIONAL DAY RALLY CEOs on what impressed them most, personally and from an economic and business perspective pages 10 1127 words
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TOP STORIES
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985 2006-08-28 2 AMIT ROY CHOUDHURY - Fresh investment commitments seen creating around 6,500 new jobs By AMIT ROY CHOUDHURY [SINGAPORE] Today's groundbreaking ceremony at Pasir Ris for French wafer maker Soitec's new fab plant is part of the roughly $3.9 billion of new electronics sector investments that Singapore985 words
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Article429 2006-08-28 2 Outlook for technology stocks looks good TECHNOLOGY stocks are looking good, according to analysts making a sector outlook, even though some segments are expected to slow down. Citigroup raised its forecast for handset units this year by 5 per cent to 958 million units. It said handset vendors429 words
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Article, Illustration881 2006-08-28 3 ANDREW MARKS - WALL STREET INSIGHT All eyes on minutes of Fed's recent rate-policy meeting due out tomorrow By ANDREW MARKS in New York WALL STREET analysts were looking to see whether investors could keep the bull running for another week as a long andBLOOMBERG - 881 words
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Article137 2006-08-28 3 MARKETS Week Chge STI .2453.21 -30.32 KLSE COMP 950.52 +8.52 NIKKEI 225 *****.66 -167.32 HANG SENG *****.45 -375.25 SET INDEX 689.13 -19.36 JAKARTA COMP ...1416.93 -20.84 MANILA COMP ....2274.53 -55.37 TAIPEI TAI EX 6526.22 -194.86 SEOUL COMP 1329.35 -1.75 SHENZHEN B 286.29 -2.84 AUSTALLORD 4997.10 -18.50 DOW JONES137 words
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365 2006-08-28 3 Two data management firms allege intellectual property violation Reuters [SHANGHAI] Chinese firms managing data for the Shanghai and Shenzhen stock exchanges have filed suit in an effort to block the launch of China stock futures by the Singapore Exchange (SGX), an official newspaperReuters - 365 words
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Advertisement33 2006-08-28 2 i* Mac; Im M pj .V' :f* ;jfl B j 'j<^' •f. fp -'~>r w ■ypn .-W- V rn JH HHr jMjM j-jF' J > jtf Ak mT ppPr I Ro W hor jy^py^33 words
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Advertisement213 2006-08-28 2 people Clients wanted. (Only excellent companies need apply) www.thepeopleatwork.com Asia-Pacific Executive Search BOWEL IRREGULARITY? Fibre is good for you as part of a healthy and well balanced diet. C-Lium® Fibre is a 100% natural multi-tasking fibre.lt assists in promoting bowel regularity which helps clean out the digestive system and eliminate213 words
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Advertisement31 2006-08-28 3 BT ONLINE BT print subscribers get free access to the Business Times Online. To activate your account log on to http://business-times. asial .com.sg. For more information, e-mail btocs@sph.com.sg or call 6388-3838.31 words
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Advertisement113 2006-08-28 3 If you are facing any of the following: You need to keep your payroll absolutely confidential. Your payroll staff are bogged down, and are bored with the routine of rushing payroll every month, and there is limited room for staff development for payroll processing functions. You or your payroll staff113 words
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Advertisement217 2006-08-28 3 w \^m r *1 81/ ilk I ntitoii 4aH I iw^ '-suiM^-' "ml >rf ag > ihE jHH|^K v r 7s^gyqH~ PiSI^I piHfa^^HIHH^^BiHHHHHHHHHHHHHHi Businesssaver a current account for businesses with the highest interest rates" in town. As a business owner, you will enjoy: Free unlimited chequebooks Complimentary courier collection service*217 words
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COMPANY NEWS
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Article, Illustration729 2006-08-28 4 OH BOON PING - SECTOR OUTLOOK However some segments may experience a slowdown in the second half of the year as several companies have announced earnings results that were below analysts' forecasts, reports OH BOON PING OH BOON PING The outlook for technology stocks remains positive, even though some segmentsFILE PHOTO - 729 words
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Article, Illustration472 2006-08-28 4 WONG WEI KONG - More Medisave use may help boost spending: CIMB-GK By WONG WEI KONG REGULATORY changes to medical financing schemes, an ageing population and foreign patients will underpin the Singapore healthcare sector, says CIMB-GK Securities, reiterating its "buy" call on healthcare service providers. "We maintainFILE PHOTO - 472 words
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Article525 2006-08-28 4 CONRAD RAJ - HOCK LOCK SIEW By CONRAD RAJ NOW that David Conner is assured of another three years as chief executive of the island's smallest local bank, Oversea-Chinese Banking Corporation (OCBC), will we see the status quo remain at the other two banks in 2007?525 words
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Article, Illustration647 2006-08-28 6 reports VEN SREENIVASAf - NEWS ANALYSIS Speculation abounds that approval may already have been obtained, reports VEN SREENIVASAN reports reports VEN SREENIVASAf THE prospect of a casino, set amid white sandy beaches facing the South China Sea, has propelled the stock price of Gallant Venture to newFILE PHOTO - 647 words
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438 2006-08-28 6 RONNIE LIM - More investor appetite for E&P plays there: CEO By RONNIE LIM HOPES of UK oil exploration and production (E&P) company Salamander Energy joining the E&P party on the Singapore Exchange (SGX) have been dashed at least for now. Salamander is instead now planning a stock438 words
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Advertisement277 2006-08-28 4 ■ghtefil 4 gt -—customer M 'F ticketingsystem yB I JH\' i m k J| backup system i; network Switch to Save Get 10 months'free hosting when you Webvisions. More offers http://webvisions.com/ten/ Discover everything you need to know about China Business policies A Tan Lay Hong wrote the 2003 book Present277 words
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Advertisement1957 2006-08-28 5 ADVERTISING FEATURE rHmTO H9 ON THE WORLDIP%H BPB Today's age of unprecedented opportunities and potential has resulted in a burgeoning affluence that is spreading around the world. Forging ahead in bold, swift strokes, China, India, Indonesia and numerous Eastern European countries are experiencing waves of economic growth and becoming fully1,957 words
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Advertisement46 2006-08-28 6 .^.L, 1 a m ft t BUI »V% ill r j^^^^BPPt\i«\Xii ir ill i fcfl H I H H KM M B KB J MB Singapore AN E-MARKETPLACE BROUGHT TO YOU BY CATS CLASSIFIED, SINGAPORE PRESS HOLDINGS. TO ADVERTISE, CALL 1800-289 9988 (OFFICE HOURS). *m?JL 9i46 words
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SINGAPORE MARKETS
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Article, Illustration1362 2006-08-28 7 ROBERT HALILI - INSIDE MARKETS Fund managers chalk up huge buys in Advanced Modules Group, Celestial NutriFoods and Singapore Post, reports ROBERT HALILI ROBERT HALILI DIRECTOR and substantial shareholder activity fell last week with only 57 trades worth Ss27 million done, versus 75 transactions worth1,362 words
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Article1097 2006-08-28 8 Pjymnt Ea bota Pay PayiMa U Uokt Idd tow Om» data feg —W« dm te« AotOynana I OJtN My MSep 22-Sep Mww* S ttSO »Amb »Aug _»5® Mart i w CM? »W »*p Mwrt aaa Ail Corp m ftSO 28-Auj 31 Aug IJ Sep Mega<Jiem I 04> 2»Am1,097 words
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Article, Illustration628 2006-08-28 8 R SIVANITHY - STOCKS R SIVANITHY Senior Correspondent LAST week's column asked when equity markets would switch from the Fed-watching mode to the inevitable slowdown mode since the latter had seemingly not kicked in yet, despite early warning signs in the economic numbers. The answer was628 words
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526 2006-08-28 8 CURRENCIES AFP [HONG KONG] Asian currencies ended last week mostly weaker against the dollar, with the yen slipping on weak inflation data which confounded expectations that the country's central bank will raise interest rates. Japanese yen: The yen slipped last week as Japan's weakAFP - 526 words
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Article, Illustration1727 2006-08-28 8 Consensus No.of Forecast Mean Frfs Consensus No.o< Forecast Fri*s recommendation esti- EPS PE target price recommendation esti- EPS PE target price Company name This wk Last mth mates (cents) (ratio) price (S) Company name This wk Last mth mates (cents) (ratio) price Advanced Holdings 2.00 1.00 2 5.851,727 words
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120 2006-08-28 8 AFP [LONDON] Crude oil prices rebounded last week, while nickel hit a historic peak and coffee futures in London reached their highest level in seven years in a volatile trading week for commodities. On Friday, the Commodities Research Bureau's index of 17 commodities finishedAFP - 120 words
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Advertisement186 2006-08-28 7 K in*' iroHUQiioy 19 uonvoiou usop miu the dermal and subcutaneous tissues to drastically reduce the signs of cellulite. Reduces body volume, tightens flabby areas Reduces Reduces beer belly, love handles and firms the abdomen Reshapes the body for a better physique mKmsBEE^KPwi^KEI^MU Results after 1 treatment WF Advanced Facelift186 words
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Advertisement134 2006-08-28 7 I t I s I'i 4 rf- I I j 1m i Sw! I Brilliant results come from combined yours and ours Your Innovations KF»i^ transform the way we live VrllM As technology enhances our :'f •g*/ daily lives,we rely .more than ever on state-of-the-ait computing, communications and consumer electronics.134 words
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TRAILBLAZERS
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Article, Illustration2081 2006-08-28 9 CHEW XIANG - CHEW XIANG profiles five pioneers of Singapore who have left enduring legacies CHEW XIANG THERE was a time when the postcard pictures of Singapore always included three things: a blunt-nosed Singapore Airlines jet; giant ships carrying cargo bricks; and cars on curving highways. Singapore was a2,081 words
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Advertisement161 2006-08-28 9 > -;*fE9GK^E^^^^^^| C > "K'- Success is often fuelled by passion and inspiration. That's why the S-Class design comes from the heart. -J y J■ Beauty lies in the eyes of the beholder. So it's no The boot, with its sculpted curve and striking lines offers with black-panel technology creates161 words
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Advertisement38 2006-08-28 9 To commemorate the 30th anniversary of The Business Times, we salute the outstanding industry leaders who have made a mark in their respective fields in the past three decades. This fourth part, of five, focuses on the transport^ector38 words
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VIEWS FROM THE TOP
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Article, Illustration4043 2006-08-28 10 THIS WEEK'S TOPIC What struck you most, personally and from an economic and business perspective, about Prime Minister Lee Hsien Loong's National Day Rally speech? WHAT impressed me most about this year's National Day Rally speech was that it was a retelling of the Singapore story based on4,043 words
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Page 11 Advertisements
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Advertisement225 2006-08-28 11 we realm. IN HIS National Day Rally speech, PM spelt strategy of highlighting our first-class Similarly, we have to enhance the talent out the long-term vision for every infrastructure and quality of life, and put in pool in Singapore. With a population of only Singaporean. a very appealing more effort225 words
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Advertisement27 2006-08-28 11 Due to space constraints, we are unable to print all the responses received. For the complete list of views from CEOs, go to bttp//business-times3sia 1 .com .sg27 words
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SINGAPORE NEWS
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495 2006-08-28 12 LESLIE YEE - They enjoy higher savings interest rate, ATM services at workplace By LESLIE YEE than 100 companies «n Singapore have enrolled Jvith Citibank's employee financial privileges programme Citibank At Work (CAW), and Citibank Singapore's retail banking head Anil Wadhwani is bullish495 words
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Article63 2006-08-28 12 DATE/ TIME EVENT VENUE 30 Aug Effective Outsource Effective Outsource 9.00 am Networks Building A Networks Flexible PerformanceBased Wage System 30 Aug Higher Profits Action The Plaza #02-327, 2.00pm SALES Power 7500 A Beach Road 30-31 Aug JKYL-Attaining Persuasive Grand Hyatt 9.30 am Power in Business Writing 163 words
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216 2006-08-28 12 CHEW XIANG - By CHEW XIANG CONSULTANT Richard Barrett will bfe in Singapore on the Sept 4-5 to give two talks, one for the banking community and the other for business and government leaders. Mr Barrett is a veteran speaker on the consulting circuit. He216 words
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278 2006-08-28 12 AMIT ROY CHOUDHURY - By AMIT ROY CHOUDHURY IN AN effort to improve interaction between Singapore business and the seven elite Indian Institutes of Technology (IIT), the lIT Alumni Association has set up a full-time secretariat. The decision was taken at IhIT Everywhere, Asia's first lIT alumni278 words
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Article, Illustration204 2006-08-28 12 LOW-COST carrier Tiger Airways is launching a new online booking system which will allow travellers to book two fight sectors under a single reservation. According to the airline, the system, known as "Flight Combos", will start with flights between Darwin and fourFILE PHOTO - 204 words
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Advertisement142 2006-08-28 12 Head to CATS FASTADS In The New Paper for job opportunities! L S HE'S THE WORLD'S LEADING YOUTH AND I Brand Forum TECHNOLOGY BRANDING GURU. HIS WRITINGS ON YOUTH AND MEDIA TECHNOLOGIES REACH 4 MILLION PEOPLE EVERY WEEK. HIS BOOK 'BRAND CHILD' HAS REVOLUTIONIZED HOW COMPANIES COMMUNICATE WITH THE YOUTH.142 words
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DINING OUT
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Article, Illustration1192 2006-08-28 13 SEASONAL MENU Les Amis #02-16, 1 Scotts Road. Tel: 6733-2225 IT MAY have been a sweltering summer in Europe but where the dining table is concerned, enough mid-sum-mer produce seems to have survived well enough to be flown- to Singapore in pristine condition, at least where1,192 words
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Advertisement88 2006-08-28 13 Creating, communicating and implementing Strategy is one of the most important and challenging I i activities you undertake as a leader in a business enterprise. This masterclass will provide you with the skills to ensure m m w v 4 #>.lfi m ll that your business is on the best88 words
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Advertisement25 2006-08-28 13 Citibank cardmembers enjoy 15% discount off total bill 581 Orchard Road Singapore *****3 Tel 6730 3393 Fax 6235 4140 Hilton Website www.singapore.hilton.com Email: harbourgrill.singapore@hilton.com Singapore25 words
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BT-CITIBANK YOUNG INVESTORS' FORUM
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Article, Illustration1215 2006-08-28 14 CHEW XIANG - The winning trio nearly didn't make it to the race. CHEW XIANG narrates how luck, brawn and brain came to their rescue CHEW XIANG FOR Malcom Tan and Daniel Tan, the first I-Cube financial treasure hunt last Saturday started off as a nightmare.LAU FOOK KONG/ST - 1,215 words
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Page 14 Advertisements
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Advertisement253 2006-08-28 14 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 have253 words
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ECONOMY WATCH
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Article, Illustration931 2006-08-28 15 FED SYMPOSIUM The most recent economic data may not provide a clue to Fed's next move NYT [JACKSON HOLE, Wyoming] As recently as two weeks ago, many analysts on Wall Street were warning that the Federal Reserve was overly confidentNYT; PHOTOS: BLOOMBERG - 931 words
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513 2006-08-28 15 NYT [JACKSON HOLE] Ben Bernanke, chairman of the Federal Reserve, said last week that the pace of globalisation today was faster and more sweeping than at any time in world history. And while he generally lauded the expansion of global trade and finance, he warned thatNYT - 513 words
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Article, Illustration432 2006-08-28 15 Bloomberg [JACKSON HOLE] The world economy will enjoy another "solid" year of growth next year with expansions in Japan and Europe supporting global demand even if the United States slows, said John Lipsky, who next week becomes the NoBloomberg - 432 words
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Page 15 Advertisements
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Advertisement1033 2006-08-28 15 [*AT3 S& NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg The Sumitomo Trust Banking Co., Ltd. (Incorporated in Japan with Limited Liability) Consolidated Statement of Income For the yaars ended March 31,2006 and 2005 Millions of Ysn 2006 2005 jfrutftoe 68,900 V 71,316 Interest Income: Interest on Loans and Discounts 141,081 120,9431,033 words
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MALAYSIA
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Article, Illustration793 2006-08-28 16 PAULINE NG - MALAYSIA INSIGHT Disunity among Malaysians is a greater cause for concern than Malay backwardness PAULINE NG KL Correspondent #■■■■1 HE new (Malay) dilemma is whether they should or should not do away with the crutches they have got used to which, in fact, they have become793 words
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659 2006-08-28 16 AP [KUALA LUMPUR] Asean countries set a new milestone in regional integration by agreeing last week to fuse into a Europeanstyle single market by 2015, but its members must strive to become more savvy if they want to achieve theAP - 659 words
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Article3014 2006-08-28 16 Transaction date: Aug 25 For a full listing of the dosing prices, log on to BT Online at http://business-times.asia 1 .com.sg after 11.30pm every trading day HONGKONG -<s tS Digital China 2(3 unch 984 Aeon Credit 5.86 unch 0 Dream Intl unch 0 Stores .9.43 0.06 40 Dynamic3,014 words
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408 2006-08-28 16 [KUALA LUMPUR] A major Thai car firm is set to secure a deal with Proton Holdings Bhd for the sole rights to distribute Proton cars in the country, says a report in Malaysia's Business Times. citing sources from Bangkok. A firm408 words
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322 2006-08-28 16 [KUALA LUMPUR] Ranhill Utilities Bhd (RUB) is eyeing a bigger share of the water sector in Saudi Arabia, according to a report in Malaysia's Business Times. The tabloid said the company already has its foot in the door after recently winning a322 words
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GREATER CHINA/INDIA
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591 2006-08-28 17 It sees ready market in the West for its cheaper, Euro IV-standard oil Bloomberg [NEW DELHI] Reliance Industries Ltd which turned India into a fuels exporter seven years ago plans to gain an edge over rivals such as Valero Energy Corp with aBloomberg - 591 words
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371 2006-08-28 17 AP [BEIJING] One-third of China's vast landmass is suffering from acid rain caused by its rapid industrial growth, while local leaders are failing to enforce environmental standards for fear of hurting business, said officials quoted yesterday by state media. China's factoriesAP - 371 words
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607 2006-08-28 17 Predicts overall number of brands will fall to about 10 AFP [QINGDAO, China] Li Guirong, chairman of China's oldest and most famous brewer Tsingtao, relishes the challenge of going head-to-head with his rivals on the mainland, the world's largest beer market by volume. "CompetitionAFP - 607 words
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Article, Illustration308 2006-08-28 17 AFP [HONG KONG] Worsening pollution will sharply reduce Hong Kong's appeal to foreign investors, and most business leaders know people who are thinking of escaping the city due to the dirty air, a survey said yesterday. Nearly 80 per cent of the 140AFP; AfP - 308 words
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200 2006-08-28 17 AP [BEIJING] China has decided against lifting its ban on printing foreign newspapers on the mainland, a Hong Kong newspaper on Saturday quoted a senior official as saying. The government studied the possibility of allowing foreign papers to print on the mainland,AP - 200 words
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Page 17 Advertisements
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Advertisement196 2006-08-28 17 Diners Club Card Toappi^cJt64l6o9Bo A World of Exclusive Privileges Treats Diners Club iWOmSB wicwJmers.com.sg International' ■fIHIUHIIIUM m i Pboltide, Level 4 (above Tanglin Mall), Traders Hotel. Reservations recommended. Tel: 6831 4373 X-v/ ,-^t'->p;il 4 ESm I *r'it > t- \r jjj m£ p 2 The Chinese have made an art196 words
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ASIA-PACIFIC/WORLD
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Article, Illustration696 2006-08-28 18 Surprise move follows decision to create new national oil company Reuters, AP [N'DJAMENA, Chad] Chad ordered US energy giant Chevron and Malaysia's Petronas on Saturday to leave the country within 24 hours for failing to honour tax obligations, a move apparently aimed at increasingReuters,; AP - 696 words
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Article, Illustration445 2006-08-28 18 AFP [KUMAMOTO, Japan] A Japanese bank is doing its bit to raise interest over global warming, in more ways than one. The Kumamoto Family Bank on the southern island of Kyushu has taken eco-consciousness to a new level by basing its interest rate onAFP - 445 words
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216 2006-08-28 18 AP [KUALA LUMPUR] Malaysia's prime minister said yesterday he has asked state-owned oil company Petronas to get more information on the Chad president's demand that the company leave the African country immediately for allegedly failing to pay taxes. Chad President Idriss Deby on SaturdayAP - 216 words
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Article657 2006-08-28 18 AL LABITA - Philippines would be happier with more infrastructure financing from China than Japan By AL LABITA in Manila CHINA, fast emerging as a major exporter of capital, is likely to dislodge Japan as the Philippines' biggest source of infrastructure financing over the next three years. This657 words
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390 2006-08-28 18 AFP [ROME] Italy's second largest and third largest banks, Banca Intesa and Sanpaolo IMI, agreed on Saturday to a merger which would see their new entity form the country's biggest bank and rank sixth in Europe. The boards of Milanbased Intesa and SanpaoloAFP - 390 words
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Advertisement17 2006-08-28 18 M watepMoa I; I I projects© I I I I I B oTjimiMiirM I I*l* X*y X17 words
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WORLD
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613 2006-08-28 19 ANTHONY ROWLEY - New data raise fresh doubts about end to deflation, future BOJ policy By ANTHONY ROWLEY Jin Tokyo TOKYO financial markets I are likely to be in turbulence this week after last Friday's disclosure that consumer price inflation in Japan has been running at613 words
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Article, Illustration38 2006-08-28 19 [PARIS] Stunt expert and horse trainer Mario Luraschi and his son Marco in a chariot crossing a bridge near the Eiffel Tower here yesterday during a parade to promote a production of' Ben Hur'. REUTERSREUTERS - 38 words
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682 2006-08-28 19 NYT IT turns out that most American investors are not xenophobic. For years, shareholders in the US have been criticised as harbouring a "home bias" allocating far less to foreign stocks than they would if they did not let familiarity, patriotism andNYT - 682 words
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405 2006-08-28 19 Members resisted switch on concerns of reduced income Bloomberg [NEW YORK] Nymex Holdings, owner of the world's largest gold futures market, plans to pay members who trade metals about US$275 million in stock to win their approval of around-the-clock electronic trading, threeBloomberg - 405 words
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Page 19 Advertisements
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Advertisement720 2006-08-28 19 NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg l BUY IT SELL IT FIND IT THE COMPANIES ACT, CAP. 5C THIA KOK WAH MARINE PTE LTD (In Vol. Liquidation) Co. Rag. No. ********** NOTICE IS HBtEBY GIVEN that the creditors of ttie above-named Company which is being voluntarily wound up are required720 words
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Advertisement398 2006-08-28 19 IN THE MATTER OF THE COMPANIES ACT, CARSO AND IN THE MATTER OF MONDEX INDIA PTE LTD p IBOTO voLUNnnr uounxnoN Co. Rag. N0.*****6047W NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap.so that a Final Meeting of the members of the abovenamed Company wi be398 words
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Advertisement11 2006-08-28 19 T Mm? >. "V I 28 Aug 0 1 Sept 7am 10am11 words
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AVIATION
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720 2006-08-28 20 Such deals would let them expand through links with overseas rivals Bloomberg >J&ONG KONG] When Air '£hina Ltd chairman Li JiaxItang agreed to sell the air|lfrie's Hong Kong unit to CaItlaay Pacific Airways Ltd for l lfSsl.sB billion, he held out '.<TBloomberg - 720 words
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229 2006-08-28 20 Bloomberg [HONG KQNGI Hong Kong Express Air- ways Ltd, an airline part-owned by casino magnate Stanley Ho, said it won rights from the city's government to fly to five more Chinese destinations, as it seeks to expand its network. TheBloomberg - 229 words
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479 2006-08-28 20 Bloomberg {HANOl] Vietnam Airlines Corp, the nation's stateowned carrier, plans to sell shares at home and abroad to fund an expansion of its fleet and routes, executive vice-president Pham Ngoc Minh said. The Hanoi-based carrier, which expects sales growth of 10 perBloomberg - 479 words
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Article, Illustration279 2006-08-28 20 AFP [MOSCOW] A Russian airliner's crash which killed 170 people on Tuesday had more than one cause, Russian federal aviation service head Alexander Neradko said in an interview. "Any air catastrophe is always a combination of several unfavourable factors. and thoseAFP; AP - 279 words
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183 2006-08-28 20 Bloomberg [MOSCOW] Russia plans to increase the foreign ownership threshold for civilian aircraft projects to spur investment in the industry and capture a greater share of the world market. Legislation to let foreigners control 49 per cent in aircraft projects will be submitted toBloomberg - 183 words
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Article2058 2006-08-28 20 arr man eta hmnt rro 059 oeos amsi 1625 311 AMO 1520 SOW cognr g tapwrM 5Q141 1145 SQ142 0935 ,SS? Ug i HQ770 nm S0143 1535 ***** 1640 GA640 1640 GA841 1755 lcSM? MM AS993 2255 ***** 2235 SQHt 1900 l 9ggl 2f?2 dm* SO43S2,058 words
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Page 20 Miscellaneous
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Miscellaneous212 2006-08-28 20 CRYPTIC CROSSWORD my judgement (2,3,2,1,3,3) feel it! (5,2,4) YESTERDAY'S SOLUTION DOWN 11 One way of ensuring one Across: 1 Mature student, 9 Resil--2 Triangle existing always? (7) doesn't have dirty habits (3-8) ient, 10 Maria, 111nset, 12 Mail, 13 3 One accepted new complaint 14 Plant parts I said intertwine212 words
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SHIPPING
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Article406 2006-08-28 21 ALEC ALMAZAN - Wreck of barge moved to Mabini for acid cargo disposal, scrapping By ALEC ALMAZAN in Manila KEPPEL Batangas Shipyard has finally been freed of the threat of a possible chemical spill following the refloating and removal of the chemical barge Billy Star from its backyard406 words
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Article, Illustration47 2006-08-28 21 [RIO DE JANEIRO] Reels of optical fibre cable, to be used in offshore oil platforms, burning on the deck of the Dutch ship Atlant Trina after the cargo caught fire in Niteroi. 40 km from the ofßrazilian capital Rio de Janeiro, on Friday. AFPAFP - 47 words
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Article280 2006-08-28 21 SGX '080 Aug 75 St VolCH Offshore .0.37 0.01 120 ChuaoHup .0.32 unch 570 Cotco Corporation 1.54 -0.02 5742 CWT Distribution .0.60 unch 59 EzraHldgs 2.68 -0.07 539 FfcMittjnks 0.07 unch 440 Grand Banks Yacht .0.88 unch 0 Java Holdings 1.37 -0.02 3210 K1 Venture .0.38 -0.01 9870280 words
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421 2006-08-28 21 Bloomberg [LONDON] The cost of shipping crude oil from the Middle East to Asia on two mil-lion-barrel tankers may rise this week on increasing demand for vessels to carry cargoes in the second half of September. Freight rates for ships called very largeBloomberg - 421 words
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Article, Illustration404 2006-08-28 21 Their departure would add pressure on firm amid profit warnings Reuters [FRANKFURT] Two top managers at German tourism and shipping firm TUI will leave the company, adding to pressure on the firm after it disappointed investors with a profit warning earlier this month,Reuters; BLOOMBERG - 404 words
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141 2006-08-28 21 Reuters [COPENHAGEN] Denmark's A P Moller-Maersk will buy into the four billion yuan (***** million) development of the Guangzhou port on China's mainland, its partner Cosco Pacific said. The Danish shipping and oil group has agreed to acquire a stake inReuters - 141 words
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369 2006-08-28 21 Reuters [OSLO] Norwegian shipping group Camillo Eitzen Co (Ceco) has agreed to buy rival Songa Shipholding for US$l.2B billion to create one of the world's biggest chemical tanker groups, Ceco said. Ceco said last week it would merge its Eitzen Chemical tankerReuters - 369 words
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323 2006-08-28 21 Bloomberg [SHANGHAI] Shenhua Group Corp, China's largest coal producer, will build three coal berths in the northern port of Tianjin, doubling the harbour's capacity to handle the fuel. China Shenhua Energy Corp, the company's Hong Kong listed unit, signed an agreement toBloomberg - 323 words
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Article10367 2006-08-28 22 STRAITS TIMES INDEX STOCKS IttdkMHW WR Got* Omngt Slot* mm W1 OM4 0««g. Stock nam* Ow* ttai«• Wlgrew 031 1380 *0 020 Hyflu*' 0 33 MOO STEngg 1-7S 2.780 -0010 Axsndaseit 103 2.030 0-010 JMH 3 09 17 400 0 600 STATSChP OS* 0.980 *0-020 fllLlntl 042 1.43010,367 words
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Article6241 2006-08-28 23 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In loot curr hi SS in USS %<*y %ff Hdy %yr dy %yr Aug 35 I nam Chanqa Chang* Chug* Chang* Chang* Chang* The World Indn Preliminary 1006.2 -01 38 -0.1 1.6 -0.3 63 t EArE Preliminary 101S.6 0 0 4.4 -0 36,241 words
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Advertisement1558 2006-08-28 24 UK CONTINENT SERVICE U.S.* SERVICE Destination Destination EVGENIA RDM/ATW/BMN/TLB/NAN HANJIN PENANG LAX/VCW/MZL Loads Singapore, E./W. Malaysia, Indonesia J £/w Ma ayAl Indon.sia MIDDLE-EAST SERVICE F.EJS.E.A. SERVICE Destination VOYAGER V DBI/ABU/DOH/BRN/DMM/KWT Destination ASEAN PREMIER DBI/ABU/DOH/BRN/DMM/KWT STX PO TBN INC/BSN PAN DYNAMIC JDH/AQA ASEAN EXPRESS DBI/ABU/DOH/BRN/DMM/KWT Loads Singapore, E./W. Malaysia, Indonesia Loads1,558 words
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Advertisement510 2006-08-28 24 [tKTMASU KOtO SWVICI 1 VBsa/ypy umtf) hbchiw) m kh ia sm m SIUHSVWIUKIS/84 IS 3.2 17m 20/08 24/08 nm 31/08 srumvwTUK 14/04 1$ 3.2 oi/w 10UVU03 S 4 I 31/08 IAUWIAUAHtOKOfWia i VBSa/VOT 1 UmKT) I HBGMTW I L 3 SW I Ml STD MB AM HK JKT I S«510 words
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Advertisement1600 2006-08-28 25 WAN HAI INTERNATIONAL PIE LTD a MO: **********0/* <\ ummmmm TH:*****5M (14UNES) FAJfc6224U63 \M\ WAN UA I I INFX C*W Senfit*/looking* Dfred \mt (1800) *****200 V V TWMMI I IMI LIIILJ na IR: (03) *****188 FAX: (03) *****288 PW TH: (04) *****00 FAX: (04)*****99 JON IB: 107) 251W23 FAX: (07)251**211,600 words
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Advertisement1040 2006-08-28 25 1 |-jn EASTERN CAR LINER, LTD I I I SPECIALIZE IH RORO t HEAVY LIFT UPTO 450 TOHS~| INTKA-ASU soma VOY Ra* liflfag SIN TFf PKMN) m(W) PNN *T SUI LCI M»l ITO HK GOUMEWAM 72A 40 12T" 20/00 31/00 02/09 YUSHO STELLA 2 60 29/00 I 30/00 02/09 04/091,040 words
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Advertisement794 2006-08-28 25 if St WEEKLY EXPRESS SAILING SCHEDULE [alsoaccepting to all northern and western icd points I vksh I vot Ism I rjmu<G|coLo)>M" ustKvo mam IHPIBA GAMPHI OIQtiW 124AUG 1 OMIT OMIT 30 AUG 03 Sg KAJIV GANDHI 0106W 31 AUG OMIT OMIT 07 SEP 11 SEP HOTAPBTAMA YPMO43 05SEP 06Sg MSEP794 words
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Advertisement660 2006-08-28 26 MNordana (Asia) Pie Ltd Z' 70 Slmhlm Way, #21-03 Marino Hms* Singaport *****8 NORTH WEST EXPRESS LINE MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS DATES ARE ARRIVAL DATES [VESSEL VOY Shqqpora FhmwH» Cow liW Orishxs ItWd tat&m bjnnd Express 1E607 23 Jm Q2J«I lOSeo US* ZUSB bfand Exnrtss IE&08 Zlkfi660 words
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Advertisement166 2006-08-28 26 G LINES Afl<nh: CROSSEAST SHIPPING PTE LTD operator coda GK CR NO: 778 3202 OOOOM Tel: 6327 1788 Fox: 6327 1588 •-moll: bookingOcrosiaott.coni.sg WEBSITE www.ganMil.com.iny KITCHING 5 DAYS SAIUNG SHUTTLE SERVICE MINGRI MROOBE 31/08 02/09 MINGRI MROIOE 05/09 07/09 MINGRI MROI2E 10/09 12/09 \yotmm ENG LEE SHIPPING COFTCIID I \WY-t166 words
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Advertisement586 2006-08-28 26 fa —9k— n iH-=st==lp ass; 1 =3E==H==3% a!: gjgjjn wiw »/M lira mm I ml -&I TflS. r Sfo -ffißto iTT Wa ...!LlzZ jßlilßlil LUMOSO tXP 222 aim tt/M |^gg*—T 1 '/.g l!/,g gflt io/»9 w/w I udt wnw i»ii|ii/wiy/w^rßi/ioin/^^l VESSEL VOY SM PASM GUMN6 CHfTTACOHG V«w> l yl,t 1«W586 words
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Advertisement406 2006-08-28 26 CONVENTIONAL SERVICE LOADING FOR LOADING FOR COLOMBO-RORO COLOMBO BREAKBULK 31 AUG 12 SEPT LOADING FOR CHENNAI 13/9/06 LOADING FOR MUMBAI 17/9/06 LOADING FOR DUBAI, MUMBAJ, DOHA 05/9/06 \hk GLORY NAVIGATION GROUpI I SHKE I*7o 1 I OWNS OPERATES THE YOUNGEST FLEET f WTTH FOURTEEN 7,000 DWT TWEEN DECKERS COVtRINO I406 words
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THE BUSINESS TIMES SHIPPING TIMES
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6489 2006-08-28 27 ETA ETA Advartiur VmmI Voyage Telephone ETA ETA Advwtfear Vessel Voyage Telephone SIN Dtsfn Name Name Number Number SIN Dofn Nam* Nam* Number Number 13/09 03/10 China Shpg BUNG A MAS 12 065W *****898 TO ABIDJAN (ABJ) 2003 Cote D'lvoire 16/09 02/10 Eukor/MUR MUR6,489 words
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BizIT
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Article, Illustration833 2006-08-28 28 KENNETH JAMES - <cool stuff> Computer giant finally gets it right with its latest handheld, says KENNETH JAMES KENNETH JAMES FOR a while it looked as though HewlettPackard (HP) had lost its way in the PDA world. Although dominating the Windows PDA market with its iPaq devices, theARTHUR LEE - 833 words
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<what's new>
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Article, Illustration101 2006-08-28 28 CREATIVE Technology last week launched the Creative DiVi CAM 516 (above), a mini digital camcorder that also doubles as a 5.1 -megapixel digital camera, MP3 player, voice recorder and webcam. Available in three colours, the device is able to record videos at 30 frames per second101 words
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Article86 2006-08-28 28 HOSTED business application solutions provider Salesforce has released Salesforce for Google AdWords, a service which enables its customers to offer Google's search engine marketing service, Google AdWords. It will be available as part of Salesforce's online application marketplace. AppExchange. During the pilot phase beginning on86 words
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114 2006-08-28 28 LG's latest phone, the KG92O, will appeal to shutterbugs with its 5-megapixel auto-focus camera and a 2-inch LCD screen that can rotate 180 degrees to let users capture shots from any angle. The 18.9 mm thin KG92O is also able to capture videos at 30114 words
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Article, Illustration93 2006-08-28 28 IF you're looking for more storage space for digital images or digital audio files, then Sandisk's latest 4GB Secure Digital High Capacity (SDHC) memory card (above) might just fit the bill. SDHC is a new specification designed for high-capacity memory cards from 4GB to 32G8.93 words
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Article163 2006-08-28 28 LOOKING for a Palm PDA? Head on down to the Palm booth at consumer electronics show Comex from Aug 31 to Sep 3 at the Singapore Expo to get the Palm Treo 650 smartphone at a discounted price of $899 (usual price $968), and also163 words
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Article, Illustration66 2006-08-28 28 ROLAND LIM - Compiled by ROLAND LIM RESEARCH In Motion has released its first 3G version of its popular Blackßerry handsets, the Blackßerry 8707g (above). The quad-band handset, coupled with its 3G network compatibility, allows Blackßerry addicts to get their email almost anywhere in the world.66 words
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392 2006-08-28 28 Reuters [NEW YORK] Cellular telephones and wireless BlackBerry email devices may be addictive, but most business executives insist mobile technology has improved the balance between their work and hojne, a new study has found. The study, released last week by executive recruitment firm Korn/FerryReuters - 392 words
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Article, Illustration314 2006-08-28 28 ROLAND LIM - It is compatible with 3G and Wi-Fi 802.11b networks By ROLAND LIM ADDING to the growing range of 3G smartphones, Sony Ericsson started shipping its long-awaited Sony Ericsson P99oi in Singapore last week, 10 months after it first unveiled the flagship smartphone. The P99oi314 words
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Article977 2006-08-28 29 MARTIN MCCOURT - <you say> A new generation of SIM cards can solve problems arising from device variety and complexity By MARTIN MCCOURT TELCO players across Asia have been asking three key questions How can they deliver multimedia services across multiple device technologies and platforms? How can they977 words
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Article, Illustration368 2006-08-28 29 AMIT ROY CHOUDHURY - Its IP phones can now support VPN from Cisco, Juniper By AMIT ROY CHOUDHURY THE latest version of Avaya's Internet Protocol (IP)based teleworker solution, Avaya VPNremote for IP Phones 2.0, is now available in Singapore. The application enables businesses to embed virtual private network368 words
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170 2006-08-28 29 Xinhua [LOS ANGELES] Software maker Microsoft Inc confirmed on Friday that it has chosen Toshiba to produce the forthcoming Zune music player, a product designed by the company to take on Apple Computer's iPod* The confirmation followed reports of a regulatory filing Toshiba madeXinhua - 170 words
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Article, Illustration224 2006-08-28 29 ROLAND LIM - By ROLAND LIM LASER printing pioneer Hewlett-Packard has launched its cheapest ever monochrome LaserJet based multifunction printer (MFP), the LaserJet Ml 005 MFP, which can print, scan and copy. Priced at $439, the printer is targeted for use in small businesses and home offices,224 words
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319 2006-08-28 29 LAT-WP [WASHINGTON] The owner of a major software piracy website was sentenced last week to six years in prison, one of the longest jail terms ever imposed for the growing crime of stealing copyrighted computer products, prosecutors said. US District Judge T S EllisLAT-WP - 319 words
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481 2006-08-28 29 NYT [SHANGHAI] Lenovo, the world's third-largest computer maker, has hired its fourth Dell executive in little more than a week, continuing to poach top officers from its bigger rival. Lenovo said on Thursday that it had hired Christopher Askew, 44, a vicepresidentNYT - 481 words
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Article, Illustration754 2006-08-28 30 AMIT ROY CHOUDHURY - Banks, govt, manufacturing, telcos among early adopters of BI here, writes AMIT ROY CHOUDHURY AMIT ROY CHOUDHURY IN a sign that Singapore industry are becoming more aware of the importance of their databases, recent research shows that more companies are754 words
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<what's up>
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61 2006-08-28 30 IRONPORT Systems, which makes gateway security products, will open its regional headquarters in Singapore. An Iron Port official said the company has invested aggressively over the past three years in Asia-Pacific, developing over 200 channel partners, setting up R&D and support centres in61 words
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Article71 2006-08-28 30 SYSTIMAX Solutions has opened its Singapore Executive Briefing Centre (EBC). This follows the establishment of the company's first Asia-Pacific EBC in Brisbane in 2004' and its second in Shanghai recently. While Singapore will be its third EBC, a fourth one will be set up in Bangalore71 words
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79 2006-08-28 30 MACHINIMASIA, the Asia chapter of the Academy of Machinima Arts Sciences, has announced that the inaugural Machinimasia Festival 2006 will be held in Singapore on Nov 24-25 this year. The Machinimasia Festival is the Asian counterpart of the global Oscars for Machinima held79 words
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69 2006-08-28 30 BUSINESS Objects, a leading provider of business intelligence (BI) solutions, has announced the appointment of Michelle Hodges as alliance director for Asia-Pacific and Japan. Based in Singapore, Ms Hodges will report directly to Keith Budge, senior VP and GM for Asia-Pacific. Ms Hodges will have69 words
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51 2006-08-28 30 FROST Sullivan's two-day NGN (next-generation network) Asia 2006 Executive MindXchange Summit will be held in the Shangri-La Hotel from today at 8.30 am. The summit will cover topics such as IPTV, managed services, IP migration, WiMAX, digital home and fixed-mobile convergence. For more information email: yi. ling@frost.51 words
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53 2006-08-28 30 AMIT ROY CHOUDHURY - Compiled by AMIT ROY CHOUDHURY IDC's Asia-Pacific Infra Vision Conference 2006 will be held in Singapore on Oct 12 from 9am at Suntec Convention Centre. Topics to be covered at the event include various aspects of SOA (service-oriented architecture) and virtualisation. For more information53 words
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Advertisement94 2006-08-28 28 HrE' #'-S J J j^sjjtß/K^^isSSSjf^ W k Mww n On no account should your portal end up like this. There's a fine line between a portal that drives your business and one that just sits there eating resources. Thafs why Green Dot works' closely with you to ensure that your94 words
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Advertisement34 2006-08-28 29 v. ProCurve Networking HP Innovation Itr- The Adaptive Network MDesigned.to flex completely new ways Adaptive Edge Architecture™ for secure, mobile and converged networks i 1 1 WHo% Discover the advantages, visit www.procurve.com.sg m>riM -v34 words
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Advertisement84 2006-08-28 30 Oracle for Mid-Size Business Mid-Size Companies Get Better Results V-'' I "Achieved 99% accuracy of stock availability" Iy" "ji- "PC! reduces production UVIAnMi planning process by 50%" i ''T* -*<?. 4 <4. < 'y< t A Oracle SoftwareHelping mid-size companies grow and compete. Oracle E-Business Suite JD Edwards Enterprise One84 words
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Advertisement9 2006-08-28 30 COOL STUFF Thumbs-up for HP's iPaq hw6965 PAGE 289 words
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