The Business Times, 4 September 2006

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Total Pages: 30
1 30 The Business Times
  • 24 1 THE BUSINESS TIMES -y_ I) I SINGAPORE 85 cents online at http://business-times.asial.com.sg JH A SINGAPORE PRESS HOLDINGS PUBLICATION MICA (P) 099/03/2006 Monday, September 4,2006
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  • 593 1  -  They set up investment offices to manage billions of dollars professionally By LESLIE YEE [SINGAPORE] With sizeable endowment funds to manage and an increasing focus on optimising returns, the National University of Singapore (NUS) and Singapore Management University (SMU) recently set up
    593 words
  • 135 1 MARKETS Week Chge STI .2491.49 +38.28 KLSE COMP 960.69 +10.17 NIKKEI 225 *****.25 ....+195.59 HANG SENG *****.72 ....+468.27 SET INDEX 696.44 +7.31 JAKARTA COMP ...1444.49 +27.56 MANILA COMP ....2329.44 +54.91 TAIPEI TAIEX 6651.46 ....+125.24 SEOUL COMP 1356.67 +27.32 SHENZHEN B 290.93 +4.64 AUSTALLORD 5063.90 +66.80 DOW JONES *****.15....+180.10
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  • 505 1  -  By KALPANA RASHIWALA [SINGAPORE] The number of private homes in Singapore bought by foreigners (including permanent residents) in the second quarter of this year surged 35 per cent from the first quarter to reach 1,152. This is the highest number of foreign
    Source: URA Realiss, DTZ Research  -  505 words
  • Page 1 Advertisements
    • 24 1 Competition BizlT Philips showcases new generation of offerings PAGE 30 Lif Li Juniper to cash in on S'pore IPTV interest PAGE 29 8 HI
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    • 105 1 DINING OUT mv Fresh twist to traditional cuisines W PAGE 14 fCEO CONFERENCE A celebration of entrepreneurial capitalism PAGES 2,3 PAINTING THE TOWN What can we do to add more fun and buzz to the Singapore night scene? More art, clubs, gastronomical tours? CEOs give their take PAGES 10 11
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  • TOP STORIES
    • 404 2 S'pore properties draw new group of foreign buyers SINGAPORE has attracted a wider spread of foreigners that buy private homes in the island-state, reflecting its growing appeal as a global city. Investors from the Middle East, Sweden, Belgium, Greece and Japan join their peers from the "traditional" markets
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    • 792 2  -  Institute sees demand rising as companies start to see benefits By AMIT ROY CHOUDHURY [SINGAPORE] With more than 350 leading business executives congregating-at the Forbes* Global CEO conference, which begins on Monday, the Project Management Institute (PMI) hopes to drive home to these
      792 words
    • 415 2 They post combined profits of 642b yuan in 2005, up 22% year on year Xinhua [BEIJING] Companies on the list of the China Top 500 Enterprises in 2006 posted total operating revenues of 14.14 trillion yuan (Ss2.B trillion) last year, accounting
      Xinhua  -  415 words
    • 281 3  -  By ARTHUR LEE [SINGAPORE] It'll truly be a gathering of the rich, famous and powerful more than US$BO billion worth. That's the amount of wealth which will be represented at the 6th Forbes Global CEO Conference which opens at the Singapore Shangri-La Hotel today. Steve Forbes,
      ARTHUR LEE  -  281 words
    • 540 3  -  Mid-East, Europe, Japan, Scandinavia among new markets By KALPANA RASHIWALA [SINGAPORE] The share of the top five nationalities (Malaysia, Indonesia, United Kingdom, India and China) as a percentage of the total number of foreigners buying private homes here has declined over the
      540 words
  • Page 2 Advertisements
    • 311 2 people Giu a V r °e U a r k self Call us. www.thepeopleatwork.com Asia-Pacific Executive Search Your Competitive Edge: LEADERSHIP We live in feelings, not thoughts, in accomplishments, not plans. Rapid acceleration. Disregard for boundaries, conventions and accepted limits. Exceed expectations and fast-track your results. LEADERSHIP: Measure Your Success
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    • 228 2 The speaker on your phone is not made for conference calls. To experience full duplex, 360° audio pick-up, trade-in your speakerphone for a Konftel Conference System. (trade-in value at $200 for any brand speaker telephone) offer expires 30 September 2006 or while stocks last KT2OOW The first conference telephone for
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  • Page 3 Advertisements
    • 282 3 5.1 ■||||||||ifi|H|||fifl|j||jM ■^HHV «w. wj||^^^^^^^^eyFTiFTgm™tirra«nj^^^^^^^™ Q: Why do I need wealth management? A: Allow me to start by asking if your wealth legacy is built to last successive generations? If not, you need wealth management to ensure that future generations will inherit your legacy. Q: How will wealth management help
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    • 284 3 tCHEN FU Jl f»C cv ivoAs of art 'Noodles: (W m <^ n is the art of noodles in Chen Fu Ji A Grain of Rice, but it is a Start. (the art of noodles) With a start in rice-culinary, Chen Fu Ji now otters a variety in traditional noodles
      284 words

  • COMPANY NEWS
    • 503 4  -  Site's reserve price of $1,200 psf ppr a new benchmark for area By KALPANA RASHIWALA CHIP Kng Seng is close to finalising a deal to buy (irange Tower through a collective sale, sources said The reserve price of the property said
      503 words
    • 216 4 Reuters FRASKRS Centrepoint Trust (FCT) has set an indicative price of around 20 basis points above Singapore's three-month swap offered rate for its planned sale of Ss26o million mort-gage-backed securities, the lead manager of the sale said. The book-building for the commercial mortgagebacked
      Reuters  -  216 words
    • 636 4  -  HOCK LOCK SIEW By CONRAD TAN MAKIMi precision me rhanical engineering parts is not a *exy bu*ino** just ask tho*e who do it Kul a* MMI Holding* has *hown with its recent an nounrement of record full-year salt's and profH. it ran be
      636 words
    • 443 6  -  Zagro has been distributor of UK firm's potychaete worms in S-E Asia By CHEN HUIFEN ANIMAL and crop nutrition supplier Zagro Asia has won exclusive distribution rights to market polychaete worms to the world for the feeding of broodstock prawns and fish.
      443 words
    • 477 6  -  By LESLIE YEE GOLDMAN Sachs expects loan growth for Singapore banks of between 6 and 8 per cent on a compound annual growth rate between 2006 and 2008 as domestic asset reflation starts translating into meaningful loan growth and regional lending activities are
      477 words
    • 381 6  -  By KALPANA RASHIWALA ARIANECORP has inked a deal to issue up to $50 million redeemable convertible bonds to a unit of Dela-ware-based DB Zwirn Special Opportunities Fund LP. Funding from the issue will be used to accelerate the
      381 words
  • Page 4 Advertisements
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  • Page 5 Advertisements
    • 222 5 ASCOTT INTERNATIONAL IN THE HEART OF OVER 40 CITIES IN ASIA PACIFIC, EUROPE AND THE GULF REGION $L~ -r V' pig*f V-' £""> Lr~ 'X >ii^C^.^- «r >v •>- jKSfc *^> r ST s '~~^sj sj&* "W 1 *sn* •-> r"SF» w^a"'i^^ > '-^^^^ra»7ir>? ,lfc TriP* i^^ > r T*"'
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  • Page 6 Advertisements
    • 130 6 jpr Terms Conditions: Prices stated are per person for a round trip Business Class to Los Angeles and New York for travel out of Singapore from 14 Aug.' The return travel and hotel stay must be completed by 30 Oct 06 Bookings are to be made from 14 Aug 12
      130 words
    • 50 6 i /WE ARE SERIOUS ABOUT SLEEP L l FANTASY WATERBEDS PTE LTD BACK|ACHg -ANTASY SLEEP CENTRE j Waterbeds. Futons Sofa Beds. Spring Mattresses. Feather Down Pillows'Quilts. Bedding Accessories More #01-15/16 The Furniture Mall (The Plaza) 7500D Beach Road Daily 12pm to 9pm Tel 6469-1381 6396-6701 Fax *****624 Email: waterbed@singnet.com sg
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  • Page 7 Advertisements
    • 56 7 Since 1856, we have focused on bringing new perspectives to our clients. Understanding the past, but shaped by the future. Always looking at opportunities and challenges from a different point of view. Because we know what it takes to successfully maintain wealth. And to turn passionate work into great results.
      56 words

  • SINGAPORE MARKETS
    • 712 8  - Weak economic numbers needed but not too weak STOCKS R SIVANITHY Senior Correspondent STARTING with Wall Street, stock markets everywhere seem to be in a perverse "sweet spot" at the moment a situation where weak economic data that shows a rapidly slowing economy is a positive because it means that
      712 words
    • 893 8 Payment Ex Books Pay Payment Ex looks Pay (sal—tf«n dsn date. tall ten doaa data AMHIdgi I 0l50 IS-Sep 20-Sep 2»Sep Mtmuarie Intnllnfra Fd I 195TA 21-Aug 24-Auo 13-Sji AKmdai 0-50 15-Sep 20-Sep 2»Sap Maveric S 2B.S0 30Aug 06-S«p Ace Dynamics I 036N 05-Stp 06-Stp 22-Stp Mmrit 36J0
      893 words
    • 268 8 CURRENCIES Bloomberg PHILIPPINE peso: The peso posted its biggest weekly increase in two months to close on Friday at its strongest since July 2002 after the government said the economy grew at the fastest pace in a year. Accelerating growth and easing inflation encouraged foreign
      Bloomberg  -  268 words
    • 469 8 COMMODITIES AFP [LONDON] Crude futures tumbled last week as supply fears eased in the United States, though there were some strong gains for metals prices, notably silver. On Friday, the Commodities Research Bureau's index of 17 commodities fell to 328.90 points,
      AFP  -  469 words
    • 1782 8 Consensus No.of Forecast Mean Fifs I Consensus Naof Forecast Mm FiTs recommendation esti- EPS RE target price recommendation esti- EPS PE target price Company name This writ Last mth mates (cents) (ratio) price Company name This wfc Last mth mates (cents) (ratio) price Advanced Holdings 2.00 1.00 2
      1,782 words
    • 1339 9  -  INSIDE MARKETS There were heavy sales by board members of The Ascott Group and SSH Corp in the past week, reports ROBERT HALILI ROBERT HALILI THE purchase activity fell while the sales surged last week based on filings on the Singapore Exchange from Aug 28
      Source: www.asia-insider.com  -  1,339 words

  • Page 9 Advertisements
    • 353 9 If you are facing any of these: "messy" accounts arising from change of systems staff turnover inability to meet statutory reporting deadlines urgent need to submit financial statements to banks financial institutions need to reconstruct accounts from incomplete records need to extract financial information for a litigation need assistance in
      353 words

  • VIEWS FROM THE TOP
    • 4352 10 THIS WEEK'S TOPIC What can we do to add more fun and buzz to the Singapore night scene? THE Singapore night scene should not conjure up only images of nightclubs or The Crazy Horse. Singapore has a lot to offer in terms of a range of nocturnal
      4,352 words
  • Page 10 Advertisements
    • 139 10 ssssi 1 Ito I dj P Find your edge. Master the dynamics. m I v <M&pi iW fl V™ jftg You're in a race against the competition. zivfcfl jl Jj Kf Every second, every opportunity, every t BT V 4flj individual offers potential. Your people i V ""a II K\l
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  • Page 11 Advertisements
    • 93 11 ÜBS, Wealth deep a portfolio as means products and 11M WM% the means monitoring that portfolio as life presents its changes. At rilifi |BW||f?l ÜBS, building your wealth begins with a conversation never ends. A conversation "You 1 Call Singapore Evelyn ow(gx^n^) +65-6431 8661 www.ubs.com/asia 4® übs ÜBS is a
      93 words

  • SINGAPORE NEWS
    • 955 12  -  But they say crime-solving rate has also improved over the years By MATTHEW PHAN A HANDFUL of IT-related companies in Singapore are thinking twice about investing in Johor Barn's (JB) ambitious new smart city due to worries over rising crime rate, but
      REUTERS  -  955 words
    • 140 12 TWICE as many young performers want to take part in this year's Child Aid concert. Last year, 30 youngsters applied and seven were short-listed for audition. But this year 25 have been short-listed out of 60, for auditions held yesterday. Child Aid is a "for-kids,
      140 words
    • 233 12 DATE/ TIME EVENT VENUE 4-5 Sept Asian Business Forum on Marina Mandarin Ho8.00am Forecasting Inventory tel Management 5 Sept Department of Geography Seminar Rooms A, B, 4.00pm NUS Seminar on Migration C, Level 1, Shaw New Aspects of Popula- Foundation Building tion Movement (AS7), Faculty of Arts and
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  • Page 12 Advertisements
    • 121 12 Brilliant results come from combined innovations Your innovations transform the way we As technology enhances our v V lives,we rely more than v. ever on state-of-the-art -''^-v computing, communications v and consumer electronics. You are developing them. These complex semiconductors MfT 'Nt?^*^j2&B&^Bl^^^K^^^Bß and memory devices are i, --ft^glßßl^P^^^Bß^^Bl evolving with
      121 words

  • TRAILBLAZERS
    • 1989 13  -  CHEW XIANG profiles some of Singapore's top entrepreneurs CHEW XIANG THE hortatory message of the past decade or so has been the importance of entrepreneurs. Mere competence is passe. Today's darling is the dashing starter-up of new enterprise. He, or quite often nowadays, she, is
      1,989 words
  • Page 13 Advertisements
    • 198 13 /i: ■^^ng|^H^^Q^B^H^HH^^HK||^2^; :g,^^WiI||MBJBMB I' V\ K "v f -'v.., ,;;T. 1 ■>, < ;V J ,"V v *"i'- "v ':t I Performance favours the ready. That's why the S-Class is always a step ahead. The moment you start the engine of the new power than the previous V 8 engine.
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    • 19 13 M,n <iht 1 i u ilh kinit-M's. scrips hnumht !<> voii I)\ f |]f' llfW S lilsv Q \V-nvdcs Hen/
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  • DINING OUT
    • 1250 14 NEW RESTAURANT Bayang #01-05 Clarke Quay 3A River Valley Road Tel: 6337-0144 WHILE we've had decent enough Indonesian food in Singapore, the Indonesian food scene isn't exactly what you'd call exciting. Most people have simply gotten used to staples like soto ayam (chicken soup) and
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  • Page 14 Advertisements
    • 1710 14 H "I I [r !gggg=g!g!!gig^Scuni! niMftg i mrrcn ======S 1 BOLDHiLLB^«ECT /f?*V SSH Corporation Ltd. ***ftft<f ft A fl «*«•"•<• I**"*"<"»»"> FINAL MEETING VS' NOTICE OF EXTRAORDINARY GENERAL MEETING wmCE IS that the creditors FINAL MEETING the Republic of Singapore) NOTICE IS HEREBY GIVEN THAT AN EXTRAORDINARY GENERAL MEETING OF
      1,710 words

  • Page 15 Advertisements
    • 59 15 StSiiaflß l§P KnH^v.. ISm qHHHHpt; $|HK£r Wm I I V C'- I ■m igfcys^... I liMl—MM^fe' I .^sqswPf^ I ■■r"- ■■■■■■■■■■■■■■■■■■■■HllAliiiillM I I RSIk I MMflSti ■SET111 1^ fnl I w 1 I I n I 1 .a*. SINGAPORE I I a inSgMte- «t> HUI a,/*vV'^T,^f%■ --"v H^H y,- mjflMp|f^|"vffiffiWr
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • 716 16  -  While the potential gains from options trading are very high, the potential losses are just as significant says RUCHIKA TULSHYAN RUCHIKA TULSHYAN OPTIONS trading has often held appeal for young investors it is risky but offers glorious returns if things go the right way. So
      716 words
    • 861 16  -  CAMPUS LIFE Students from local universities created a game show to spread money sense, reports RUCHIKA TULSHYAN RUCHIKA TULSHYAN MONEY talks in today's world and no one knows this better than the young generation which is capitalising on it. Three Singapore universities pooled their
      861 words
    • 194 16 The NTU Investment Interactive Club (IIC) recently held its annual recruitment drive to attract new members to its stonghold. It was a successful endeavour, with the recruitment booth attracting thousands of visitors on both days. A record of over 800 people registered at the booth to indicate their
      194 words
  • Page 16 Advertisements
    • 46 16 dfibank The Business Times-Citibank Young Investors' Forum is published every Monday in The Business Times. It aims to raise the financial awareness of university and polytechnic students and cultivate a better understanding of business issues. The series is part of BT and Citibank's tertiary outreach programme.
      46 words

  • ECONOMY WATCH
    • 515 17 AFP [WASHINGTON] Americans mark today's Labor Day holiday with an economy growing, albeit more slowly than in the recent past. Yet some say the tepid pace of expansion means average workers are getting few of the benefits of economic growth. The US
      AFP  -  515 words
    • 547 17 Finance chiefs meet in Hanoi this week ahead of summit AFP [HANOI] Pacific Rim finance ministers will meet in Vietnam this week to discuss ways to strengthen re-gional-growth and ensure that increasing capital flows are accompanied by greater protection and security. Finance senior
      AFP  -  547 words
    • 350 17 But he doesn't discount possibility of a hard landing Reuters [WASHINGTON] US Federal Reserve chairman Ben Bernanke said in a letter obtained on Friday that chances of an economic crisis in China were low, but that the possibility of a
      Reuters  -  350 words
    • 554 17 Europe must form single voice as emerging powers get more say AFP [BRUSSELS] Pressure is building on European countries to seriously consider forming a single voice within the IMF after the financial institution decided to give more say to emerging economic powers,
      AFP  -  554 words
  • Page 17 Advertisements
    • 3 17 aßHjjj tnna Job
      3 words
    • 156 17 Term insurance protects the financial well-being of your loved ones. NTUC Income offers the most competitive rates for Term insurance. Our premiums are the lowest. Our i-Term covers you for death (from accident or illness) total permanent disability terminal illness From as low as $9 a month, you get a
      156 words

  • MALAYSIA/INDONESIA
    • 617 18  -  MALAYSIA INSIGHT The Ayer Molek case, a controversial commercial dispute, will soon get a fresh airing S JAYASANKARAN KL Correspondent ON Friday, the Malaysian High Court laid down a decision that is likely to reverberate throughout the judiciary. Justice Hishamuddin Yunus overturned a Federal
      617 words
    • BRIEFLY ASIA
      • 65 18 Reuters [BEIJING] Chinese insurers need to diversify their shareholder structure to prevent majority owners from draining them of money, a regulatory official said in remarks published on Saturday. "We cannot allow shareholders to treat insurance companies as cash machines," Chen Wenhui, assistant head of the
        Reuters  -  65 words
      • 89 18 AFP [SYDNEY] Australia yesterday assured Indonesia that it was not promoting an arms race by considering whether to enrich uranium which can be used in nuclear weapons. Foreign Minister Alexander Downer pledged that if Australia produced enriched uranium in the future, it would
        AFP  -  89 words
      • 111 18 Bloomberg [MUMBAI] ICICI Bank Ltd, India's second biggest lender in which Singapore investment company Temasek Holdings has a stake, said its board will meet today to decide whether to submit a proposal to the central bank to take over United Western Bank Ltd.
        Bloomberg  -  111 words
      • 90 18 Bloomberg [HONG KONG] China Merchants Bank, the country's second-largest publicly traded lender, plans to raise as much as HK$ 19 billion (Ss3.B billion) in a Hong Kong stock sale this week, bankers said. The Shenzhen-based lender will offer 2.2 billion new shares at
        Bloomberg  -  90 words
    • 295 18 AFP [KUALA LUMPUR] Former Malaysian premier Mahathir Mohamad, who is embroiled in a feud with the government, has said old friends from the ruling party are now ignoring him, reports said yesterday. "Old friends who had sat on the same table with
      AFP  -  295 words
    • 324 18 Reuters [JAKARTA] Indonesia's third largest mobile phone operator, PT Excelcomindo Pratama Tbk (XL), plans to launch its third-generation (3G) mobile phone service in the middle of this month, its newly-appointed chief said on Friday. Hasnul Suhaimi, former chief of Indonesia's second largest mobile
      Reuters  -  324 words
    • 389 18 Move aimed to take company private by Khazanah Nasional [KUALA LUMPUR] Property firm UDA Holdings Bhd plans a RM529.31 million (*****.62 million) capital repayment to its shareholders under a plan to take it private by major shareholder Khazanah Nasional Bhd, according to a report
      389 words
    • 242 18 Reuters [MANADO, Indonesia] The head of the Indonesian subsidiary of Newmont Mining Corp told a court on Friday that the firm followed government regulations when it channelled the waste from its gold mine to nearby waters. PT Newmont Minahasa Raya (NMR) is accused of
      Reuters  -  242 words
  • Page 18 Advertisements
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    • 58 18 w Surpassing the c rSvvlF ver y est °fNz> >s CKE£K Sauvignon (Blancs 90 Points, Smart Buy Highest rated wine in the New Zealand/Australian ■k category March 2006 Wine Spectator Blue Gold iSm Sydney International Wine Competition 2006 Gold Air NZ Wine Awards 2005 Gold Wines for Asia 2005 (^e
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    • 84 18 GOOD CORPORATE GOVERNANCE Create greater transparency for your company by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com,sg. KATS NOTICES Nirvana Fortune Hotel #02-01 (Owen Road), Tel: 6297 0400 20% total lunch bM* 15% off totol<ttnn*r Ml Ortiy when you charge to your Diners
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  • GREATER CHINA/INDIA
    • 658 19 Stanley Ho suggests that Beijing intervenes; Sands calls him crybaby AP [MACAU] A local casino tycoon accuses his new US rivals of stealing his customers. The Americans call him a crybaby. Things are getting hot in Macau—which might soon depose Las Vegas as
      AP; PHOTOS: BT, SCMP  -  658 words
    • 361 19 Bloomberg [SINGAPORE] Steelmakers across Asia are putting defensive measures in place to prevent being swallowed by Mittal Steel, which is focusing on the continent after agreeing to buy Arcelor for US$3B.3 billion. Nippon Steel, the world's second-biggest steelmaker, is asking domestic rivals to
      Bloomberg  -  361 words
    • 3004 19 Transaction date: Sep 1 For a full listing of the closing prices, log on to BT Online at http://business-times.asia1.com.sg after 11.30pm every trading day HONGKONG Vol -OOI 3062 I4KJ 'ooo Denway Motors 2 48 unci 9564 Digital China .2.74 0.03 1797 Aeon Credit .5.85 unch 90 Dream Intl
      3,004 words
    • 293 19 Company bags US No 2 brand in enhanced water Reuters [MUMBAI] India's Tata Tea Ltd is exploring a joint venture in China to make and market green tea, and aims to add more non-tea beverages to its portfolio to tap shifting consumer preferences,
      Reuters  -  293 words
    • 384 19 AFP IHONG KONG] The wife of Hong Kong journalist Ching Cheong, who was jailed in China on Thursday for spying for Taiwan, said that she had not given up hope of winning early release for her husband. Mary Lau also
      AFP  -  384 words

  • ASIA-PACIFIC/WORLD
    • 619 20 Many institutional investors have already cashed in their LSE shares [LONDON] Nasdaq Stock Market Inc is considering making a hostile bid for the London Stock Exchange (LSE), in which it has amassed a stake of over 25 per cent, weekly UK newspaper the Observer
      BLOOMBERG  -  619 words
    • 733 20  -  WALL STREET INSIGHT By ANDREW MARKS in New York DID someone say Goldilocks economy? Wall Street traders received an end of summer gift to send them off on their Labor Day weekend, the traditional end of summer in the United
      733 words
    • 398 20 Bloomberg [NEW YORK] Measured in British pounds, London has overtaken New York City as the most expensive city in which to buy a luxury home as the US dollar has weakened, a study by CB Richard Ellis Hamptons International showed. Prices
      Bloomberg  -  398 words
    • WORLD WATCH
      • 96 20 AFP [LONDON] BAE Systems will agree to sell its 20 per cent stake in Airbus to the Franco-German aerospace firm EADS for £1.9 billion (555.7 billion), The Observer said yesterday. Unnamed sources from London's financial district were quoted as saying that the
        AFP  -  96 words
      • 118 20 Bloomberg [SEATTLE] Microsoft Corp paid out performance bonuses to its top 900 executives, including US$5.4 million in shares to chief operating officer Kevin Turner, who joined the company last year. The company paid Windows co-president Kevin Johnson a bonus of US$6 million in shares. Jeff
        Bloomberg  -  118 words
      • 66 20 AFP [SEOUL] Vehicle movements have been spotted at North Korea's key missile base but there is no indication the communist state is preparing for another missile test, a senior defence official said yesterday. Intelligence authorities detected the movements in and around Gitdaeryeong on
        AFP  -  66 words
      • 96 20 AFP [HAVANA] Cuba's second glimpse of Fidel Castro since he handed power to his brother in late July has fuelled speculation that he is rapidly recovering and may return to the helm and appear at the Non-Aligned Movement summit this month. In a video
        AFP  -  96 words
    • 334 20 Reuters [BAGHDAD] US and Iraqi forces have arrested the second most senior figure in Al-Qaeda in Iraq, National Security Adviser Mowaffak A 1 Rubaie said yesterday. "I can say Al-Qaeda in Iraq is severely wounded," he told a news conference. He named the
      Reuters  -  334 words
  • Page 20 Advertisements

  • AVIATION
    • Article, Illustration
      50 21 [PHNOM PENH] Cambodian tourist plane PBIO lying submerged after it overshot the runway and plunged into a lake while taking offfrom Phnom Penh International Airport yesterday. Allfour passengers, including three South Koreans, on board the plane heading for Rattanakiri province. 610 km from the capital, escaped unhurt. AFP
      AFP  -  50 words
    • 367 21 Bloomberg [TOULOUSE] Christian Streiff, named chief executive officer of Airbus SAS in June after its previous CEO stepped down following delivery delays for the A3BO superjumbo, has ordered a worldwide hiring freeze at the company. Airbus spokeswoman Barbara Kracht confirmed the measure after
      Bloomberg  -  367 words
    • 283 21 AFP i J [TOULOUSE] Employees of European aircraft manufacturer Airbus are set to become the first test passengers in the company's giant A3BO superjumbo n jet this week when a series of new trials begin. Nearly 2,000 employees have volunteered to take
      AFP  -  283 words
    • 373 21 Reuters [NEW YORK] The Transportation Security Administration is suspending installation of the only airport checkpoint device that automatically screens passengers for hidden explosives due to problems with the system's reliability, The New York Times reported in Sunday editions. "We are seeing some issues
      Reuters  -  373 words
    • 516 21 Overcapacity, 'lowfare madness' will cripple sector amid high growth AFP [NEW DELHI] An overcapacity of airline seats in Indian skies is leading to "low-fare madness" that threatens the viability of the sector, a senior official of US giant Boeing said. "The losses in
      AFP; REUTERS  -  516 words
    • 213 21 AFP [DHAKA] More than 50 pilots from Bangladesh's financially troubled national carrier Biman protested yesterday in the capital to demand payment of their salaries and a US$95 million government bailout. "Curb corruption, rescue Biman," they chanted, pledging to stage more protests along with
      AFP  -  213 words
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  • Page 21 Miscellaneous
    • 203 21 CRYPTIC CROSSWORD 28 Publicly known to have one L short formal statement (2,6) immode (8) YESTERDAY S SOLUTION 14 Endlessly lose strength during Across: 1 Potters wheel, 8 Exalt, 9 DO craze (3) Pen-friend, 11 Candlelit, 12 Titus, 1 Not the right way to have 16 Ode tenor rewrote had
      203 words

  • SHIPPING
    • 402 22 All bidding firms are American; sale process may take more than 6 months Reuters [WASHINGTON] Between five and eight American companies are vying for the US port assets of Dubai Ports World (DP World) in a second round of the sales
      Reuters; FILE PHOTO  -  402 words
    • 330 22  -  By GEORGE JOSEPH SINGAPORE shipbuilder Pan United Marine is continuing its winning streak with two more building contracts which have lifted its newbuilding order book to a record $470 million. The new contracts, worth $39 million, are from the company's repeat customer, Malaysia's leading offshore
      FILE PHOTO  -  330 words
    • 469 22 AFP [CHITTAGONGI Bangladesh's trade shipments ground to a virtual halt on Saturday as shipping companies refused to use'the nation's main port in a protest over container fees. "Most private shipping companies have today suspended transporting cargoes to and from Chittagong port,"
      AFP  -  469 words
    • 289 22 SGX '000 Sep 1 S$ *1- Vol CH Offshore .0.38 [Inch 33 ChuanHup .0.33 -0.01 1249 Cosco Corporation 1.S3 unch 3050 CWT Distribution Ml 0.01 25 Ezra Hktgs -0.03 93 Freightljnks.- .0.06 -0.01 318 Grand Banks Yacht .0.87 unch 0 Java Holdings 1.36 -0.02 475 K1 Venture. .038
      289 words
    • 500 22 Reuters [GDANSK. Poland] Workers at the ailing Gdansk shipyard, the birthplace of the Solidarity movement, are pinning their hopes on a promised government plan aimed at saving their workplace from going bust. For the shipyard workers, some former colleagues of Solidarity leader Lech Walesa, closure
      Reuters; REUTERS  -  500 words
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    • 1012 25 UK CONTINENT SERVICE 11.5.A SERVICE Destination Destination EVGENIA RDM/ATW/BMN/TLB/NAN HANJIN PENANG LAX/VCW/MZL Icodt Singapore, E-/W. Malaysia, Indonesia Load, E./W. Maloyk,, lndon«io 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 Loads E.
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    • 893 27 HNordana (Asia) Pie Ltd 70 ShwitMi Way, #21-03 Marina Houst Singaport *****8 NORTH WEST EXPRESS LINE MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS DATES ARE ARRIVAL DATES VESSEL VOY Shooport I Ft—ortto 5558 (hritfw Istarf Parir Gtwlww KawtgT" blond Express 1E607 T MSao 12 Sen ZLkfi 25 Seo |HSS lE4OB
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  • BizIT
    • 664 29  -  The firm has helped PCCW set up world's biggest IPTV network By AMIT ROY CHOUDHURY JUNIPER Networks, which builds Internet Protocol (IP) platforms that connect computers to each other, is looking to take advantage of sudden interest in Internet Protocol TV
      664 words
    • 478 29 Reuters [BERLIN] Rainer Wingender has lost count of the computers he has "modded". "The Beast, Blue Laser Boy, Max Depth," he begins, trying to remember all their names. Mr Wingender is one of a growing number of so-called case modders people who
      Reuters  -  478 words
    • 531 29 It is expected to be widely available in the US by end '06 AP [LOS ANGELES] MySpace.com will soon enable members of the popular online social networking hub to sell downloads of their original music directly through MySpace Web pages, company
      AP  -  531 words
    • 400 29  -  By ROLAND LIM RESEARCHERS at the Agency for Science, Technology and Research (A*Star) have squeezed Singapore into the growing audio compression space when their contributions to the definition of a new audio compression standard were accepted by the Motion Picture Experts Group (MPEG)
      FILE PHOTO  -  400 words
    • <what's new>
      • 81 29 KODAK has introduced the Easyshare C875, a new 8-megapixel digital camera that is equipped with 5x optical zoom. The company is targeting the new gadget at consumers who are looking to upgrade from a lower-end camera. The C875 boasts of a feature which automatically selects
        81 words
      • 54 29 LEXMARK has launched the C500n, a new laser printer aimed at small and mid-size businesses. It is capable of printing up to 31 pages per minute (ppm) in black and white and eight ppm in colour. The C500n also supports networking. It is
        54 words
      • 87 29 SAMSUNG is looking to tug at the purse strings of the ladies with a pink version of the YP-Z5. The slim MP3 player comes with 4GB of flash memory for storing music and other multimedia files like videos and pictures, complemented by
        87 words
      • 101 29 MOTOROLA has launched the Rokr E2, the latest addition to its family of music-centric handsets. Based on the Linux operating system, the new phone comes with dedicated keys to allow easy access to its music playback functions. Users can drag-and-drop their music files
        101 words
      • 62 29 AZTECH has launched a new low-cost wireless adaptor for fuss-free connections to Wi-Fi networks. Retailing at $38, the new product resembles a conventional thumb drive and plugs directly into the USB ports of desktops and notebooks. It supports the 802.1 lg wireless standard.
        62 words
      • 54 29  -  Compiled by WINSTON CHAI YAHOO has unveiled a new tool to allow users of Windows Mobile-based handhelds and smart phones to access its services on the fly. Called Yahoo! Go, it integrates a host of the firm's offerings like e-mail and search functions
        54 words
    • 741 30  -  Singapore centre plays an increasingly important role, reports KENNETH JAMES in Berlin reports KENNETH JAMES in Berlin AT THE world's largest consumer electronics fair now playing here in Berlin, Royal Philips Electronics is demonstrating that elephants can indeed dance as it showcases a dazzling
      741 words
    • 262 30  -  By ROLAND LIM CONSUMER electronics show Comex 2006 managed to pull in almost 700,000 visitors this year, thanks to the increased number of vendors and Singaporeans' insatiable appetite for electronic gadgets. The show saw some 750 vendors, up from last year's 700, filling three expo
      262 words
    • 204 30 AFP [SEOUL] South Korea's high-tech giant Samsung Electronics last week unveiled the world's first fourth-generation (4G) mobile technology with a demonstration on a bus. Samsung said the new technology, an upgraded version of existing wireless communications platforms, would enable users to download 100 MP3
      AFP  -  204 words
    • 371 30  -  By WINSTON CHAI DIGITAL projector maker InFocus has set its sights on doubling its regional sales within the next year and will aggressively ramp up its Asian operations to achieve this goal. The Wilsonville, Oregonbased company, which makes projectors targeted at corporations and
      371 words
    • <what's up>
      • 84 30 SINGAPORE will play host to Globaltronics, a biennial exhibition and conference focusing on the electronics manufacturing industry. It will be held from Oct 10 to 13 at the Suntec Convention Centre. More than 13,000 visitors are expected to visit the booths of the 500 exhibitors
        84 words
      • 68 30 INFRASTRUCTURE software provider VMware will be holding a forum centred on virtualisation technology on Sept 14. To be held at the Grand Copthorne Waterfront Hotel, this event incorporates a series of breakout sessions, customer testimonials and technology showcases designed to show IT managers how virtualisation can
        68 words
      • 51 30 MICROSOFT will be holding its "Security Insights" seminar on Sept 7 at its office at 1 Marina Boulevard. The event will feature presentations from Microsoft experts on how companies can build a more robust IT infrastructure. Visit http-J/www. microsoft, com/ singapore/sme/english/ solutions/event, mspx for more
        51 words
      • 60 30  -  Compiled by WINSTON CHAI MAPINFO will be holding a free Webcast to demonstrate how its e-government solutions can help public sector agencies manage, plan and analyse their critical business data and workflow processes. The Webcast will be conducted on Sept 20 at 2.30pm.
        60 words
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