The Business Times, 29 August 2006
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2006-08-29
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The Business Times
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Title Section21 2006-08-29 1 THE BUSINESS TIMES 30 SINGAPORE 85 cents online at http://business-times.asial.com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION MICA (P) *****/2006 Tuesday, August 29,200621 words
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Article, Illustration759 2006-08-29 1 KALPANA RASHIWALA - DTZ attributes the buzz in Q2 to price recovery over past few years, interest in high-profile projects By KALPANA RASHIWALA [SINGAPORE] The sub-sale market in the high-end residential segment was abuzz in the second quarter, both in terms of price gains and activity,, asSource: URA Peaks, DTZ Research Aug 2006 - 759 words
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Article, Illustration762 2006-08-29 1 BySJAYASANKARAN in Kuala Lumpur; CHEN HUIFEN - By BySJAYASANKARAN in Kuala Lumpur and CHEN HUIFEN in Kuala Lumpur in Singapore SINGAPORE-LISTED Parkway Holdings has teamed up with Malaysian stateowned agency Khazanah Nasional in a deal potentially worth RM1.42 billion (Ss6lo million) to take Malaysian healthcare provider Pantai* Before general offer - 762 words
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Page 1 Advertisements
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Advertisement9 2006-08-29 1 COMMENTARY Market for research on right track PAGE 49 words
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Advertisement10 2006-08-29 1 111(111 8 "887 81 *****4 Markets Mgast on Piga 310 words
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Advertisement46 2006-08-29 1 ■MM SMALL CAPS China Precision's cross-selling strategy AIROCEAN Thomas Hay's lawyers to make'no case' submission mges EMMY She's all dolled up i-J to collect M her royal I I LI trophy PAGE 16 AF EVifln 1 aft 1 m t Wa V "5 im J? jjSf*46 words
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TOP STORIES
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Article569 2006-08-29 2 Temasek-GIC bid to up ICICI stake rejected TEMASEK Holdings and the Government of Singapore Investment Corporation have failed in their bid to buy a combined 20 per cent stake in India's ICICI Bank, media reports in India said yesterday. The Reserve Bank of India limits the combined holding569 words
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492 2006-08-29 2 CHEN HUIFEN - It hopes to expand the community of water-related firms By CHEN HUIFEN [SINGAPORE] An estimated $550 million of contracts are likely to be awarded by PUB Corp this year as it continues to seek private sector participation in Singapore's water management.492 words
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477 2006-08-29 2 ANNA TEO - Growth outpaces market expectations of 13-15% rise By ANNA TEO [SINGAPORE] The manufacturing sector got off to a good start in the third quarter, with a better-than-ex-pected showing in July as chip output growth remained strong. Still, the pace is projected to moderate in the477 words
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Article, Illustration548 2006-08-29 2 NANDE KHIN - By NANDE KHIN [SINGAPORE] Singapore's business receipts index a measure of activity in the services sector —rose 4 per cent year on year in the second quarter, supported by growth in transport and storage services, information technology (IT) services and health services.548 words
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495 2006-08-29 3 LESLIE YEE - MAS maintains the two are separate entities with rights of up to 10% each By LESLIE YEE [SINGAPORE] Temasek Holdings and the Government of Singapore Investment Corporation (GIC) have failed in their bid to buy a combined 20 per cent stake in India's495 words
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Article, Illustration544 2006-08-29 3 RONNIE LIM - Picture emerges of Kris Wiluan's plans for companies he took stakes in By RONNIE LIM [SINGAPORE] It's not yet the big merger anticipated by the market, but the pieces of the jigsaw are starting to fall into place in a544 words
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Article126 2006-08-29 3 sn 2,427.05 (-26.16) ST INDEX FUTURES (-22.00) SIMSa 288.75 (-3.40) SIMSCI FUTURES ***** (-3.30) MARKETS Monday Chang* KLSECOMP 950.96 +0.44 NM0CB22S 15.762.59 -176.07 HANG SENG 16J22-29 -33.16 SETINDEX 682.07 -7.06 JAKARTACOMP 1.418.004 *1.074 MANILA COMP +24J5 SEOUL COMP 1,327.89 -1.46 SHENZHEN B 291.65 .+5.36 MUMBAIINO 1f,619.52 ***** 12126 words
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Page 2 Advertisements
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Advertisement31 2006-08-29 2 people r r c ui r includes Fortune 500 companies. www.thepeopleatwork.com Asia-Pacific Executive Search w "I The ONE Big Networking Event G blEnte p is |P/angapore The Enterprise. Innovation Technology Exchange31 words
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Page 3 Advertisements
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Advertisement203 2006-08-29 3 Choose a world leader for your FX trading. The Singapore office of IG Markets is part of IG Group, aUK FTSI2SO company. With over f MIO 30 years' experience and tens of thousands of individual clients, we are uniquely placed to offer you a professional trading service. JU J V203 words
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COMPANY NEWS
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522 2006-08-29 4 SIOW LI SEN - It is undeterred by moves threatening to delay China futures contract, Jade By SIOW LI SEN SINGAPORE Exchange (SGX) is all set for next month's ambitious launch of a China stock futures contract and a Joint Asian Derivatives Exchange (Jade) despite522 words
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719 2006-08-29 4 R SIVANITHY - HOCK LOCK SIEW By R SIVANITHY REMEMBER cosmetics firm Beauty China? One of the market's most popular and tradeable counters, this stock back in February was the subject of glowing "buy" recommendations from local and foreign houses which set target prices of 94-99 cents.719 words
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Article, Illustration526 2006-08-29 5 i MICHELLE QUAH - Shareholder with 11% stake wants to remove board By i MICHELLE QUAH A NEW twist has emerged in the power struggle at integra2ooo. A new individual is attempting to wrest control of the company from a group of shareholders that recently threw out the original526 words
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456 2006-08-29 5 CONRAD RAJ - By CONRAD RAJ SHARES of printed circuit board maker MFS Technology (MFS) recovered yesterday following a weekend announcement that the Singapore Securities Industry Council (SIC) has rejected an unprecedented attempt by Nasdaq-listed MultiFineline Electronix (MFlex) to withdraw a general offer for the456 words
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Article, Illustration553 2006-08-29 5 MICHELLE QUAH - Prosecution failed to give enough evidence over graft charge, they say By MICHELLE QUAH LAWYERS for former Airocean chief Thomas Tay say the prosecution has failed to make a case against their client who has been charged with corruption and will553 words
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Page 4 Advertisements
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Advertisement267 2006-08-29 4 1.1: •••> V '"y XL,:- \j'Jf If V* t tmm* V iv .--rtinni Hi I•— |--15L j| W W CHINA PRINTING DYEING HOLDING LIMITED (Incorporated in the Republic of Singapore on 26 August 2005) (Registration Number: *****1864G) 9 Invitation in respect of 113,435,000 Invitation Shares comprising 96,000,000 New Shares and267 words
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Page 5 Advertisements
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Advertisement281 2006-08-29 5 •<* W£ ':v Q: Why do I need wealth management? A: Allow me to start by asking if your wealth legacy is built to last successive generations? Ifnot y you need wealth management to ensure that future generations will inherit your legacy. Q: How will wealth management help me? A:281 words
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SINGAPORE MARKETS
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Article, Illustration532 2006-08-29 6 VEN SREENIVASAN - STOCKS Trading interest is confined to selected small caps and recent listings; market seen remaining range-bound VEN SREENIVASAN Senior Correspondent AS had been expected, the Singapore market kicked off the week on a lacklustre note following a mixed close on Wall Street last Friday and aheadSource: Bloomberg - 532 words
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Article, Illustration1011 2006-08-29 6 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS (Disclosures made on Aug 28 and earlier) Subsantial No of Price SHAREHOLDING Trans Shareholder/ Buy Shares Per Before After Stock Date Director Sell 000 Shr C000) (000) LafeTech 28-Aug-06 Ho Wing-On *Buy 227 0.18 *****9 68.95 *****6 68.97 Lafe Tech 28-Aug-06 The Grande Grp1,011 words
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Article, Illustration983 2006-08-29 6 UMA SHANKARI - Compiled by UMA SHANKARI GuocoLand Aug 28 close: $2 JO UOB KAY HIAN, Aug 28 GUOCOLAND reported its FYO6 results. Highlights are as follows: Revenue (FYO6: *****.3 million) was down 14 per dent year-on-year while Patmi (FYO6: Sslss.7.million) rose 84 per cent year-on-year. A first and final dividendSource: Bloomberg - 983 words
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Article, Illustration349 2006-08-29 6 CURRENCIES AFP [TOKYO] The euro hit a record high against the yen in Asian trade yesterday as participants bet that interest rates will rise at a faster pace in the eurozone than in Japan, dealers said. They said that after a speech on FridayAFP; REUTERS - 349 words
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COMPANY NEWS
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866 2006-08-29 7 KALPANA RASHIWALA - CORPORATE RESULTS Earnings hit $128 m as revenue jumps to $889 m, the group's highest ever By KALPANA RASHIWALA IN its best showing since 1997, Wing Tai Holdings yesterday achieved fullyear net profit of $128 million, up from the preceding year's net866 words
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Article, Illustration385 2006-08-29 7 JEAN CHUA - By JEAN CHUA OLAM International, a supplier of agricultural products and food ingredients, yesterday reported a 38 per cent rise in fourth-quarter net profit to a record $25.33 million as sales rose for all its product segments. Contributing to the Q4 earnings,ARTHUR LEE - 385 words
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COMPANY BRIEFS
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Article70 2006-08-29 7 WILMAR International, one of Asia's largest integrated agri-business groups, posted a 39 per cent rise in net profit for the six months ended June 30 to US$32 million on the back of a 7 per cent increase in revenue to US$2.4 billion. The group70 words
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Article41 2006-08-29 7 MEDIA and marketing group Fung Choi Media Group saw net profit for its financial year ended June 30, soar 28 per cent to HK$163 million (S$33 million). Revenue was up 47 per cent to HK$844 million.41 words
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52 2006-08-29 7 ENVIRONMENTAL engineering company Metax Engineering saw net profit decline 13 per cent to $1.53 million for financial year ended June 30. Metax, which saw revenue rise 5.3 per cent to $33.6 million, says the business outlook remains positive and there are growth opportunities in India52 words
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42 2006-08-29 7 LMA International announced yesterday that its US subsidiary has signed an exclusive distributor agreement with UK medical devices company Aircraft Medical. The agreement covers distribution of McGrath Series 5 video laryngoscope in the US.42 words
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54 2006-08-29 7 THE chairman of Chinese mobile phone designer Longcheer Holdings. Tao Qiang, has through Tomorrow Electronic Co sold 20 million shares in Longcheer at $0.98 per share, mainly to institutional investors. With this sale of a 5.04 per cent stake, Mr Tao's deemed interest is reduced54 words
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470 2006-08-29 7 CONRAD TAN - By CONRAD TAN MMI Holdings yesterday announced a 62 per cent jump in fourth-quarter net profit to US$ll.2 million, driven by improved sales from its core hard-disk drive component business and newer product segments. Revenue for the precision mechanical engineering group, which counts470 words
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333 2006-08-29 7 UMA SHANKARI - By UMA SHANKARI BOOSTED by revenue from hew stores, fashion retailer FJ Benjamin reported that its net profit for the year ended June 30 grew 139 per cent to $10.2 million from $4.3 million the previous year. Group revenue grew by333 words
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Page 7 Advertisements
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Advertisement79 2006-08-29 7 \T Prestigious District 10 Good Class Bungalow Area; "tV u\ Freehold UV Sprawling 70,995 sq.ft.; S.J subdivisable up to 4 plots For inc| iv'dual or collective Jil w > k purchases n /l/ -Ipp—pqfMM 115,000 sq.ft. 1120,000 sq.ft. I 135,000 sq.ft. 150,000 sq.ft. 170,995 sq.ft. Above areas serve as a79 words
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Advertisement334 2006-08-29 7 //ft/* 0(/u C THAI r 'id: Enjoy free room upgrades and extra excess baggage BANGKOK Business Class Value Plus Promotions Free Room Upgrades 3 days from $788 twin sharing) Private Transfers Package includes return Business Class airtickets 2 nights hotel accommodation, da<!y breakfast, private transfers and free room upgrade at334 words
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SINGAPORE NEWS
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372 2006-08-29 8 AMIT ROY CHOUDHURY - Work is expected to start in Dec and will be completed in 12-14 months By AMIT ROY CHOUDHURY VSNL Singapore Pte Ltd (also known as VSNL International) announced plans yesterday to build a new US$2OO million intra-Asia telecom submarine cable linking, initially, Singapore372 words
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323 2006-08-29 8 RUCHIKA TULSHYAN - By RUCHIKA TULSHYAN THE BMW group yesterday announced the setting up of a regional treasury centre in Singapore to consolidate its presence in Asia-Pacific. Already in operation, the centre covers all BMW group subsidiaries within the region and mark group treasury representation in323 words
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Article, Illustration376 2006-08-29 8 CHEN HUIFEN - By CHEN HUIFEN THE Ministry of Health (MOH) has decided to launch the use of Medisave for outpatient treatment for diabetic patients first, so that the programme can be further refined for other chronic diseases if required. From Oct 1, patientsFILE PHOTO - 376 words
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358 2006-08-29 8 CONRAD TAN - By CONRAD TAN THE number of new bankrupts here fell sharply in July compared with a year earlier, reflecting higher employment and recent growth in the property market, economists say. The number of individual bankruptcy orders fell to 217 in July from 310358 words
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268 2006-08-29 8 CHEW XIANG - By CHEW XIANG PRIVATE property owners may soon have to pay to repair leaky sewers on their premises, Minister for the Environment and Water Resources Yaacob Ibrahim said yesterday. "About half of the sewers in Singapore are private sewers that perform268 words
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311 2006-08-29 8 It is the firm's first production facility outside France SOITEC, the world's leading manufacturer of silicon-on-insulator (SOI) wafers and other engineered substrates, yesterday broke ground on its new 300-mm wafer fab plant in Pasir Ris. The groundbreaking ceremony marked the start311 words
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205 2006-08-29 8 TWO new media companies—Reeltime Media and OBSTV Asia have joined existing players such as 1-Net, M2B and MediaCorp in rolling out plans for IPTV (Internet Protocol TV), to offer a diverse range of TV content delivered via broadband in Singapore. Reeltime Media, a205 words
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Advertisement328 2006-08-29 8 m MftftMTOHU tK»mwmr H*C% THt *o•>** MM* (/*>» 2006 ANNUAL MEETINGS OF THE BOARDS OF GOVERNORS OF THE INTERNATIONAL MONETARY FUND THE WORLD BANK GROUP PROGRAM OF SEMINARS 16 18 SE P 2006, PAN PACIFIC HOTEL SUNTEC SINGAPORE This September, join global decisions makers in discussions on the growth and328 words
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ENTERPRISE & INNOVATION
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Article, Illustration1913 2006-08-29 9 NANDE KHIN - NANDE KHIN looks at some institutions that make innovations available to start-ups NANDE KHIN THE late American economist, writer and management consultant Peter Drucker once said: "Innovation is the specific instrument of entrepreneurship; the act that endows resources with a new capacity to create wealth."FILE PHOTO - 1,913 words
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Article, Illustration737 2006-08-29 9 NANDE KHIN - By NANDE KHIN THE founders of wireless medical sensing and tracking devices firm CADI Scientific say developing their own technology in Singapore was like "breathing air". "You would not ask how we manage to breathe air because it's all over the place.and because737 words
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Page 9 Advertisements
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Advertisement13 2006-08-29 9 This is the third of a six-part series, brought to you by EDB13 words
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SME spotlight
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Article, Illustration857 2006-08-29 10 NANDE KHIN - They need help to revitalise, manage growth, says DP Info. NANDE KHIN reports NANDE KHIN MOST small and me-dium-size enterprises (SMEs) lack a structured business plan, according to an SME Development Survey released recently. The survey conducted by DP Information Group (DP Info) foundFILE PHOTO - 857 words
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Article, Illustration1179 2006-08-29 11 CRYSTAL NEO - The owner of Gelateria Venezia, Francis Wong, talks to CRYSTAL NEO about his passion for Italian gelato CRYSTAL NEO NO PUSHCARTS. No ringing bells. No homemade ice cream between slices of bread. At Gelateria Venezia, it's all about reinventing and revamping. Venezia's gelato redefined theARTHUR LEE - 1,179 words
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Article283 2006-08-29 11 NANDE KHIN - By NANDE KHIN A NEW website will make it easier for small and medium-sized enterprises (SMEs) to demonstrate their financial standing to potential financiers. The www.smecreditrating.sg website launched by DP Information Group (DP Info) last week is the first step in a nationwide SME credit-rating283 words
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Article, Illustration998 2006-08-29 12 NANDE KHIN - SMALL CAPS China Precision's cross-selling strategy is paying off, writes NANDE KHIN NANDE KHIN WHILE some companies see their different business segments as diversification to hedge market risks, China-based manufacturing services provider China Precision Technology sees its two core businesses as synergistic. The key operationsARTHUR LEE - 998 words
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Article5840 2006-08-29 12 UNIT TRUSTS FUNDS AB Amer A EUR 6.7/ AB Amer Income B EUR 6.7/ AB Eufop Income Opp AT SGD 15.13/ AM Amro AMat Mgt port) AB Europ Income Opp BT SGD 15.13/ Star Eirope Eqty' AB Europ Income Opp AT EUR 7.5/ Star Europe Bond 192/ AB Europ Income5,840 words
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Page 10 Advertisements
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Advertisement67 2006-08-29 10 RIGHT LIGHTS FORTHE RIGHT MOOD! silk. ■®k. I 1 1 1 m ®j pd r y ii j y( I j «*''^^9|H|H v ;ufv L< HiM I I U H I kl I af®Sp I J I I *V ggg ■HVt" '1' r F '1 1 v^Bßife *1 P sept67 words
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Advertisement15 2006-08-29 10 Enterprise One www.business.gov.sg you can also call our hotline at 6898 1800 for more information.15 words
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Page 11 Advertisements
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Advertisement63 2006-08-29 11 t Think short term less Tired of stopgap solutions? Let UPS power your global business with long-term solutions. Apart from express delivery services, UPS can support your global business by providing inventory management and supply chain solutions so you can save time, cut costs and speed up cash flow for63 words
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Page 12 Advertisements
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Advertisement30 2006-08-29 12 AllianzGI RCM Global Twin-Focus Fund a fund that offers you twin benefits Allianz (ifi) °f potential quarterly payouts and limits possible downside. Visit OCBC Bank for Globai nvest0l^ more details.30 words
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ECONOMY WATCH
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458 2006-08-29 13 Terrorism seen as biggest threat to American economy, NABE poll shows AFP [WASHINGTON] Oil prices at US$lOO a barrel would push the US economy into recession, according to a survey of 195 economists released yesterday. Terrorism is seen as the biggest threatAFP - 458 words
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508 2006-08-29 13 Bloomberg [WASHINGTON] Like the title character of Waiting for Godot, the US business spending spree many economists have been expecting just might not show up. Forecasts of a moderate slowdown for the US economy this year assume that businesses will accelerate their spendingBloomberg - 508 words
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690 2006-08-29 13 NYT [JACKSON HOLE, Wyoming] As the US Federal Reserve fiercely debates how to reduce inflation within the United States, economists are warning that trends outside the country may soon make the Fed's job much harder. In recent years, global integration hasNYT - 690 words
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Page 13 Advertisements
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Advertisement106 2006-08-29 13 —jP3?-,r-l ...•■jr. It's people like Evgeniy Darovskikh and the more than 285,000 employees worldwide who give DHL unrivaled local knowledge. Our fleet of 76,000 land, air and sea vehicles in over 220 countries HIB ®MMM and territories makes it possible to cover the globe and meet deadlines every day. It's106 words
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MALAYSIA/INDONESIA
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382 2006-08-29 14 It declines to confirm or deny news report of possible Indian deal Bloomberg [KUALA LUMPUR] Telekom Malaysia Bhd's international business unit, which plans to focus on operations in countries such as Indonesia and Sri Lanka, yesterday declined to confirm or deny aBloomberg - 382 words
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131 2006-08-29 14 Bernama [KUALA LUMPUR] The Securities Commission (SC) confirmed that it is investigating an alleged manipulation and short-selling of Malaysian Exchange of Securities Dealing and Automated Quotation-listed counter, Iris Corporation Bhd. "Investigations are on-going and witnesses are being called in," a SC spokesperson toldBernama - 131 words
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284 2006-08-29 14 Bloomberg [JAKARTA] Indonesia may raise the share of gas production revenue for contractors willing to sell the fuel to the domestic market as demand rises. The government is considering increasing the 30 per cent share of gas revenueBloomberg - 284 words
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337 2006-08-29 14 CHEW XIANG - By CHEW XIANG [SINGAPORE] Malaysia is working with Singapore counterparts to reduce traffic jams on the Causeway, Malaysia's Deputy Minister of Tourism Donald Lim said yesterday. Plans include implying or even doing away with the embarkation forms required for entry into Malaysia, as well337 words
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Article2211 2006-08-29 14 VOL General Corp .0.58 0.02 S3 A«g28 W- n*) Genting J430 0.20 525 Georoe Kent .0.48 -0.01 66 AtMRealty —1.45 unch 6 GHL Systems 13-23 -0.01 1127 Abric 0.32 0.01 11 GiobetronksTech .039 unch 708 ACPmduttries -0*3 unch 57 GlomacBhd 1.08 -0.01 84 Advance Synergy 3.18 unch 762,211 words
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Page 14 Advertisements
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Advertisement96 2006-08-29 14 v -vOflCc .<■j-^iBH WL 6 Colxnan Sir—t, Singapore 17M08 I 1W: (M)(Mt> Diners Club Card r<, w kc«o64i6o9Bo ■H >1 World of Exclusive Privileges Treats Diners Club www.Jmers.com.sg International' I II Da Vinci's Italian Restaurant HH| 41 Cuppage Road, Tel: 6735 4955 IIIH One FREE plate of brushetta with every96 words
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GREATER CHINA/INDIA
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Article485 2006-08-29 15 US drugmaker to pay US$736m for 51.5% stake in Indian firm Bloomberg [NEW DELHI] Mylan Laboratories Inc, the second largest US generic drugmaker by market value, will buy control of Matrix Laboratories Ltd for as much as US$736 million, the biggest acquisition of anBloomberg - 485 words
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Article287 2006-08-29 15 Reuters [TAIPEI] TSMC, the world's top contract chipmaker, said yesterday it had filed an intellectual property lawsuit against SMIC, saying the smaller Chinese rival had violated a patent deal set last year. Taiwan Semiconductor Manufacturing Co Ltd (TSMC) filed the lawsuit in the USReuters - 287 words
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207 2006-08-29 15 Reuters [HONG KONG] China Blue Chemical, a fertiliser unit of CNOOC Ltd, yesterday started marketing an initial public offer worth up to US$4OO million, with strong backing from Norway's Yara and other corporate investors, sources familiar with the deal said. China Blue, the country'sReuters - 207 words
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Article, Illustration483 2006-08-29 15 Two retail fuel price hikes this year drive up earnings Reuters (HONG KONG] Sinopec Corp, Asia's top oil refiner, reported a better-than-ex-pected 21 per cent jump in second quarter earnings driven by higher retail fuel prices, and said it hoped to sustainReuters; BLOOMBERG FILE PHOTO - 483 words
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Page 15 Advertisements
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Advertisement153 2006-08-29 15 mm B. K ,^W^B H F .^Bk M m. M iHM a rmi Bui i JHB^^V V M Tprmc. Conditions Price stated is Der person tor a round trip Business Class to Japan (Tokyo, Osaka, Nagoya or Fukuoka) or Korea (Busan or Seoul) for travel out of Singapore from 14153 words
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ASIA-PACIFIC/WORLD
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546 2006-08-29 16 Google-eBay ad deal to make online shopping easier AP [SAN FRANCISCO] In a deal between two of the Internet's most prominent properties, Google Inc will begin selling advertising on Web auction leader eßay and help buyers quickly ring an online merchantAP - 546 words
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Article, Illustration236 2006-08-29 16 Source: Reuters; Photos; AP. Reuters Key facts about this year's major Emmy Award winners BEST MAMA SHUES The Fox network spy thriller 24 finaly won on its fifth nomination in the top category. BEST COMEDY SEMES NBC's new workplace satire The Office, adapted from a popular BritishSource: Reuters; Photos; AP. Reuters - 236 words
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Article817 2006-08-29 16 NBC had 7 wins, Fox won 4 awards and HBO took home 10 NYT [LOS ANGELES] 24. the thriller that set in motion the current trend for serial dramas when it made its debut in 2001, won three Emmy Awards yesterday, cementing itsNYT - 817 words
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Article406 2006-08-29 16 CLARENCE MICHAEL - By CLARENCE MICHAEL in Dubai A TOTAL of U5514.69 billion was raised through rights issues in the Gulf Arab equity markets in the last 12 months compared with U552.64 billion in the year-ago period (July 2004June 2005), according to international laW firm Trowers Hamlins. While406 words
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244 2006-08-29 16 Bloomberg [LONDON] Unilever, the world's second-biggest food and detergent company, agreed to sell most of its European frozen-foods unit to Permira Funds for 1.73 billion euros (553.46 billion) to focus on more profitable brands. Unilever expects an af-ter-tax profit of more thanBloomberg - 244 words
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Page 16 Advertisements
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Advertisement11 2006-08-29 16 I r DDoKSii iiiisggMe ai£M9&&gflo MBS Mmmnnnm? '*®5* 1b jr v11 words
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Page 17 Advertisements
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Advertisement369 2006-08-29 17 Ik. jj g j| §Ppks" 4 Ei 1 HK j ill I II II I I II 151 vg»L t *<KSi^—»— x. —a*—ft^ PS BSjfeof' |>' I» BhISKnH M^be* I%I«ftfijB^B^MBHBKWftgPMM|MKBMBM Is your IT system prepared for sudden surges in activity? As the demands on your IT system increase, but the369 words
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AVIATION
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524 2006-08-29 18 It says commercial jet market in India will be worth US$72b in 20 years Bloomberg [NEW DELHI] Sahara Airlines Ltd, India's fourth biggest domestic airline, has placed an order to buy 10 Boeing Co 737-800 planes worth as much as US$7OO million andBloomberg - 524 words
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348 2006-08-29 18 Reuters [DHAKA] State-owned Biman Bangladesh Airlines is planning to cut down on the frequency of flights to international destinations because it cannot pay for the repair of five of its fleet of 13 aircraft, officials said. "Cutting frequencies is a way toReuters - 348 words
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Article, Illustration427 2006-08-29 18 AFP [LEXINGTON, Kentucky] US federal investigators yesterday pored over flight data from a regional passenger jet that crashed in the Midwestern state of Kentucky, in a bid. to determine the exact cause of the disaster that killed 49 people. Comair Flight 5191, boundAFP; AP - 427 words
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218 2006-08-29 18 AFP [SIEM REAP, Cambodia] French Transport Minister Dominique Perben yesterday unveiled a new international terminal at Siem Reap airport, the gateway to Cambodia's famed Angkor Wat temples. Cambodian Deputy Prime Minister Sok An hailed the "remarkable" new terminal, financed by French firmAFP - 218 words
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204 2006-08-29 18 Bloomberg [BANGKOK! Airports of Thailand pel, which runs five international airfields including Bangkok and Phuket, said it will delay a planned increase of the fees it charges airlines and passengers by as much as six months. Al5 per cent rise in landing and parkingBloomberg - 204 words
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Article2262 2006-08-29 18 CJTV FU«MT FT* FU6*T ITD SQ493 0735 EK352 2225 EK404 1405 MS9492 2335 AMaid* LH9771 1750 AF8088 2215 J* 34 ]«*> ""J 54 g 35 SQ230 1750 BA7382 2215 u SQ, 2335 AF8087 1850 QF82 2215 I* 432 BA7381 1850 LH9770 2345 gff— IUI1 J OT12,262 words
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Page 18 Advertisements
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Advertisement77 2006-08-29 18 I BT/ZUJI Deals of the Week London USS i IST $171 I Gulf Air j Thai Airways pemNfflOMS WSMESSQASSffwiaS) 6QQWOWCUSS from r, HOTEL (from S) WEATHER Hanoi $538 (MetramAWnc) j $185 (Metnam Airlines) $34 4% Ran Sl* (Ml* WW $42 4% fain Hong Kong I $1,1>7 Oh* Airways) $350 j77 words
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Page 18 Miscellaneous
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Miscellaneous201 2006-08-29 18 CRYPTIC CROSSWORD DOWN iTwork is bound to receive <® |hrih h YESTERDAY'S SOLUTION public attention (6) 1 3 Accomplished boxers will be Across: 1 Prevailing wind, 9 Ben 2 Distant meteor disintearates u P set ,f the y have t0 (7,3) Nevis 10 12 Rand, 13 Min--2 Distant meteor disintegrates201 words
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SHIPPING
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551 2006-08-29 19 Smaller ports may have to close if bypassed by Maersk: mayor AFP, Reuters [WELLINGTON] Danish shipping giant Maersk's plans to cut calls to New Zealand ports is threatening the future of New Zealand ports, the mayor of the country's largest city of ChristchurchAFP,; Reuters - 551 words
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313 2006-08-29 19 CLARENCE MICHAEL - By CLARENCE MICHAEL in Dubai INTERNATIONAL Bechtel Company Limited has been appointed programme managers by the Abu Dhabi Ports Company for the development of Wialifa Port Industrial Zone, which is estimated to cost more than US$2.lB billion. The agreement gives Bechtel the313 words
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Article, Illustration551 2006-08-29 19 Bloomberg, AP, AFP [MANILA] Philippine President Gloria Arroyo has asked the country's ship owners to hasten compliance with a United Natipns' rule banning vessels with a single' steel hull to prevent another oil spill. "Starting now until 2008, we will ask shippingBloomberg,; AP,; AFP; AP - 551 words
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Article, Illustration413 2006-08-29 19 Reuters [SEOUL! Korea Development Bank (KDB). a top shareholder in Daewoo Shipbuilding and Marine Engineering Co Ltd, will announce in early 2007 a plan to sell the world's No 2 shipbuilder, the bank's governor said yesterday. State-run KDB andReuters; FILE PHOTO - 413 words
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253 2006-08-29 19 Bloomberg [ATHENS] Greece, the world's biggest shipowning nation, expanded Its fleet in the past year as demand grew for the vessels needed to carry everything ranging from oil to computers. Registered tonnage rose 4 per cent to about 32.7 million tonsBloomberg - 253 words
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340 2006-08-29 19 Bloomberg [HONG KONG] Dalian Port (PDA) Co, operator of China's eighth-largest container harbour, is seeking to buijd more berths for handling cargo boxes to meet the nation's rising trade. The company applied to build six container berths that will cost a total ofBloomberg - 340 words
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Article280 2006-08-29 19 SGX '000 Am|2« SS W- Vol CH Offshore .037 0.01 669 Chum Hup... .032 unch 396 Cosco Corporation 1.51 -0.03 4519 CWT Distribution 0*1 0.01 142 EzraHMgi 2M unch 126 Fretghtunks .0.06 -0.01 322 Grand Banks Yacht .0JI unch 0 Jaya Holdings 135 -0.02 5209 K1 Venture ...037280 words
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Advertisement135 2006-08-29 19 Far Eastern Freight Conference (FEFC) Business Plan 2006 As part of the FEFC Business Plan announced on 28th March 2006, Member Lines of the FEFC wish to advise customers of the following Conference rate restoration on 1 st October 2006: Conference Rate Restoration Ist October 2006 A Conference rate increase135 words
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EDITORIAL & OPINION
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Article556 2006-08-29 20 EDITORIAL WHEN China's communist government implemented the one-child policy in 1979, it was seen as a quick fix to what Beijing considered an "over-population" problem. The government did not, however, conduct a census that year and there is no official data on what the population was at556 words
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Article, Illustration789 2006-08-29 20 YOGI AGGARWAL - THE BOTTOM LINE YOGI AGGARWAL THERE is* a pesky little bug that is making life difficult for cola giants Coke and Pepsi in India. The bug is a gutsy non-governmental organisation, Centre for Science and Environment (CSE), that claims that Coke and789 words
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Article, Illustration1239 2006-08-29 20 DENIS HEW - There are steps which policy makers need to take before a unified market can be achieved By DENIS HEW AT THE Asean economic ministers meeting in Kuala Lumpur last week, the proposal to bring forward the deadline for realising the AseanREUTERS - 1,239 words
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Article, Illustration1381 2006-08-29 21 STEPHEN ROACH - The housing bubble bursting will be a big deal for both a wealth-dependent US economy and an unbalanced global economy By STEPHEN ROACH FIVE-and-a-half years ago, the equity bubble popped. Within six months, the US economy went into mild recession, and the global economy was quick toAP - 1,381 words
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267 2006-08-29 21 Sunita Anne Abraham Singapore - LETTERS TO THE EDITOR Sunita Anne Abraham Singapore IN 1997,1 bought a 23-year endowment policy from a major insurance company, to fund my eventual retirement. The illustration showed a projected maturity benefit of $590,000, ie an investment yield to maturity of almost 6.5 per cent.267 words
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167 2006-08-29 21 Tay Lim Tiang Singapore - Tay Lim Tiang Singapore I REFER to the report "Govt plans new employment pass to draw foreign workers" (BT, Aug 24). I feel that the government in its eagerness to attract "foreign talent" will create a negative response from "true blue" Singaporeans. Whenever the Prime167 words
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Advertisement696 2006-08-29 21 >AT^ NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. SO and IN THE MATTER OF BONDONAN PTE. LTD. Coapaay Regn No *****6372 D (la Voluntary Liquidation) NOTICE IS HEREBY GIVEN that the Creditors of the abovenamed Company, which is being wound up voluntarily, ere required on or before 29696 words
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Advertisement23 2006-08-29 21 c Wgr fly y radio9l 3 Mo af» %^m Head t0 CATS FASTADS In The New Paper [tf ATS for job opportunities! L«.V«r23 words
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MOVIE BUSINESS
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Article, Illustration1474 2006-08-29 22 A big star may not a profitable movie make; but US film industry still places enormous importance on superstar power NYT IS SUMNER Redstone crazy like a fox? Movie industry executives may be forgiven for thinking that the Viacom chairman was mad to let Tom Cruise go afterNYT; • *»*«* • «0WW - 1,474 words
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Advertisement1049 2006-08-29 22 ylTj :*at3 NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg VT-SELL IT-FIND IT The Norinchukin Bank (A bank organised in Japan) Consolidated Balance Sheets As of March 31, 2006 and 2005 Millions of Yen 2006 2005 Assets Cash and Due from Banks 1,328,936 2,385,245 Call Loans and Bills Purchased 1,051,567 429,463 Receivables1,049 words
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Article10091 2006-08-29 23 SGX MAINBOARD Transaction date: Aug 28 52-Wk Tel List Vol Day Last Quote Div GrYW Net MCap High Low Code Company Sale +1- ('000) High low Buyer StUtr Cvr Pit. Smil 4 1 5716 1st Software 2 unch 1 2 2 2 2.5 8.1 11.5 6 3148 8Telecom10,091 words
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Advertisement89 2006-08-29 23 Low cost IDD at your fingertips With Phoenix 1516 IDD.it has never been this ensy and affordable to reach your business contacts wherever they are in the world And our uninterrupted, clear voice quality, zero subscription fees, plus free registration give you even more savings every time you make a89 words
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Article6091 2006-08-29 24 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In total cm? In SS In USS dy dy yr dy %yr AugJS lnd«» Ch«ng« Ch«nq« Owq« Ch»nq« Chanqn Chang* ***** -0.1 ii -01 1J> -03 M «EAft Preliminary 1015* 00 44 -03 12 A5 10,7 Europe Preliminary ***** 0.1 SJS -<U 996,091 words
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Advertisement1083 2006-08-29 25 SERVICE I Destination Destination 1 EVGENIA RDM/ATW/BMN/TLB/NAN HANJIN PENANG LAX/VCW/MZL J Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia I MIDDLE-EAST SERVICE F.E./S.E.A. SERVICE I Destination I VOYAGER V DBI/ABU/DOH/BRN/DMM/KWT Destination I ASEAN PREMIER DBI/ABU/DOH/BRN/DMM/KWT STX PO TBN INC/BSN I PAN DYNAMIC JDH/AQA I ASEAN EXPRESS DBI/ABU/DOH/BRN/DMM/KWT I Loads1,083 words
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Advertisement600 2006-08-29 25 R DOWONAMA LINE i' COHTAIWEHieaP WwVHti VESSEL (EVERY SAT) VOY SGP HKG (WT TEMUNAL) YM MUMBAII ISE 02/09 M/ 09 ORIENTAL NIGHT 0721 09/09 13/09 VESSEL (EVERY SUN) VOY I~S» HKG KOTA HARMUNI HN1305 03/09 07/09 KOTA HASH HAS43I 10/09 14/00 VESSa (EVERY SIM) VOY SCT HKG (HH) TKY YOK600 words
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Advertisement531 2006-08-29 25 vOOv WALLENIUS WILHELMSEN LOGISTICS website: http://www.2wglobol.com Yissa VOT Mjjf HQGHT SM UC MAO SAV »AL OIF TAIAIOT AF627 4006.3 M 16/09 10/10 19/10 23/10 21/10 26/10 TALISMAN AF62S 3201w> 6.4 M 30/0* 19/10 21/10 01/11 06/11 04/11 TOWCOWC Af629 4001 MM 6JM 07/10 30/10 01/11 12/11 17/11 16/11 New York531 words
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Advertisement1211 2006-08-29 26 I VESSEL I VOY PKI I SIN KARACHI PXB I BAB NHS DMM BIK I KHOR IRAN KORDESTAN PCL 8155 09/09 10/09 19/09 22/09 23/09 29/09 31/09 02/10 JOUY PCL 8154 11/09 20/09 21/09 27/09 29/09 31/09 IRAN BAABAII PCL 8157 15/09 16/09 25/09 1 28/09 129/09 1 04/10 06/101,211 words
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Advertisement873 2006-08-29 26 m iFA* WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICQ POINTS VESSEL VOT SIM PJttAMG CTMggO H. SHCVA COLOMBO RAJIV GANDHI OIO6W 01 SEP OMIT fiMQ Bit! KOT* PtKTAMA YMH3 05 SEP 06 SEP 09 SEP 12 SEP 16 SEP HOWIAH MIDGE 00S5W I? SEP 13873 words
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THE BUSINESS TIMES SHIPPING TIMES
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5344 2006-08-29 27 Tĥis ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Destn Name Name Number Number SIN Desfa Name Name Number Number To DAMPIER (DAM) 2102 Australia To ABIDJAN (ABJ) 2003 Cote D'lvoire 22/11 06/12 Austral AL CAPE CONWAY 03F6 *****3335,344 words
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PROPERTY
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812 2006-08-29 28 Builders test the upper end of market for buyers who want quality and are environmentally conscious NYT [WESTON, Connecticut] As more people make the connection between fos-sil-fuel burning and global warming, some home builders are testing the upper end of the marketNYT - 812 words
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Article, Illustration412 2006-08-29 29 Survey suggests revival in residential market may have peaked Bloomberg [LONDON] UK house prices rose in August at the slowest pace in six months, a survey by Hometrack showed, suggesting a revival in the US$6.B trillion residential property market may haveBloomberg; BLOOMBERG - 412 words
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136 2006-08-29 29 Bloomberg V. '-v f 4 [TAIPEI] Cathay Financial Holding Co, Taiwan's biggest financial services company, said it's received an approval to sell its second real estate investment trust fund to buy buildings in Taipei's commercial district. The Financial Supervisory Commission approved the company's planBloomberg - 136 words
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249 2006-08-29 29 The firm would raise rental rates by 6-8% in H206 Reuters [BANGKOK] Central Pattana PCL, Thailand's biggest retail store operator, said yesterday raising rental rates would lift its net profit margin higher than the 21 per cent it made last year. The companyReuters - 249 words
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Article, Illustration384 2006-08-29 30 Report finds biggest Q2 increase in Tokyo, with rates up 10.8% AFP [SINGAPORE] Office rentals in Asia's key cities increased sharply in the second quarter ended June, underpinned by strong economic conditions in the region, an industry report said yesterday. "UpbeatAFP; Source: Asia - 384 words
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235 2006-08-29 30 It will issue 120 m new shares and 15m vendor shares Reuters [SINGAPORE] Pan Hong Property which builds homes and commercial property in southern China will offer 135 million shares at $0.35-50.40 each in a Singapore stock market listing worth up to $54Reuters - 235 words
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172 2006-08-29 30 THE recently-listed Yanlord Land Group yesterday said it has appointed Frasers Hospitality to manage its maiden service residence project in Nanjing City, China. The tie-up marks Yanlord's foray into service residences and is part of a larger plan by the Chinabased group to grow172 words
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Advertisement328 2006-08-29 28 SUPER LUXURIOUS DEVELOPMENT SITE FOR SALE BY TENDER Prestigious location and address Raffles Girls' #<y SecSch B/ I f |8| YzV 7 Ardmore Park 7 ty\ VA > Quiet locality, ideal for super luxury II /y condominium development Sit© area approximately XX 7 60,224 sq ft >4/ Plot Ratio 2.8328 words
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Advertisement244 2006-08-29 28 esi&wSMß^M Land area 24,531 sf, leasehold onecl "Commercial" GPR 11.2 /fJ/ 9 A,ternat ve Res dent a use possible V f\ J//>v /J Walking distance to TgPagarMßT Station Prominent corner plot, 66m frontage Closing on 28 Sep2oo6 (Thu), 2.30pm HOT IPO Attract more Interest from investors. Place your IPO notice244 words
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Advertisement24 2006-08-29 29 nrnm m Lianhe Zaobao a| 'China I held I I "ami-bribery I Ljorum" I |m/ fjy I banking! I sector I "fiSiJlklM&fcftitic" 1 I24 words
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Advertisement217 2006-08-29 29 K m'%- -1 .oM, n f :^n|^H|' HB w§^K M |i f I J f ■H^IK Jp, f 1 t: ,Jm I* 1^ MBBi >; :^m^i|^^H^^^^^^^HH|4|||BVV^^MHl fl| V IHHfI 1^ p JH P J r J 4-' v i With a site area of oveT 22,000 sq metres, the Marina217 words
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Advertisement498 2006-08-29 30 Nokia for Business --v.' ■>$.- I.J-i./ T v t' i f- i v t /T r V-»! > > 4 r 1 v j 1 i i t M i,, #,>• Stay on top of business with Nokia E61 while you stay I BsiH on top of the game at498 words
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Advertisement67 2006-08-29 30 PRIME FACTORY FOR SAl£ BY TENDER Address 118 Pioneer Rood Description A 4-storey factory/warehouse bidg with mezz. office basement carpark Tenure JTC 30 yrs from 1 Jen 1996 Land area approx. 173.225 sq ft GFA approx. 426,866 sq ft Tender Closing 7 Sept 2006, 3pm For tender document, please contact:67 words
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