The Business Times, 8 September 2006
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2006-09-08
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The Business Times
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Title Section23 2006-09-08 1 THE BUSINESS TIMES mmth ANNIVERSARY JD SINGAPORE 85 cents online at http://business-times.asial.com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION MICA (P) 099/03/2006 Friday, September 8,200623 words
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Article, Illustration104 2006-09-08 1 Arthur Lee - by Arthur Lee SINGAPORE is taking on a fresh bloom as it gets ready to welcome the world. Roads that usually hum to the sound of traffic will soon be buzzing with the sounds of nature as thousands of flowering plants are put in placeARTHUR LEE - 104 words
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532 2006-09-08 1 ARTHUR SIM - CapitaLand, Disney said to be exploring possible theme park tie-up By ARTHUR SIM [SINGAPORE] The battle for Singapore's tourism dollar could see theme park giants Universal Studios going head-to-head with Disneyland. Sources say that Capita Land has been in discussions with Disney for532 words
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726 2006-09-08 1 DANIEL BUENAS - Latest survey shows median forecast for this year rising to 7.1% from 6.7% in June By DANIEL BUENAS [SINGAPORE] Private-sec-tor economists are more bullish over Singapore's growth prospects than they were last quarter, raising their median GDP forecast to 7.1 per cent this year,726 words
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Page 1 Advertisements
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Advertisement37 2006-09-08 1 EXECUFESTYLE Party time for IMF/ World Bank bigwigs PAGE 30^—^ HELLO, WORLD iL Don't miss BTs Ih Singapore 2006 80 page guide Monetary Fund to the IMFAVorId W World Bank Group Bank annual Annual meetings next week37 words
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Advertisement14 2006-09-08 1 'v 'i +> APEC SUMMIT II 11 ■HIhV m i 8 Markets Digest Page 314 words
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Advertisement14 2006-09-08 1 oSBSS MONEY-ART *****523U* m ~jH IlHki s FWder for Singapore Biennale IABHnfaM PAGE 2614 words
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TOP STORIES
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844 2006-09-08 2 LESLIE YEE - Company should rethink portfolio target of one-third each of S'pore, rest of Asia, OECD HOCK LOCK SIEW By LESLIE YEE ONE looks at Temasek Holdings's returns and wishes one could buy units in its portfolio. Total shareholder returns by market value are 24 per844 words
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264 2006-09-08 2 Reuters [LONDON] British Prime Minister Tony Blair said yesterday he would quit within a year but refused to give an exact date to placate Labour Party mutineers who want a speedy change of leader to revive their fortunes. He said that this month'sReuters - 264 words
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602 2006-09-08 2 SIDDHARTH SRIVASTAVA - By SIDDHARTH SRIVASTAVA in New Delhi BEIJING is unhappy that New Delhi is blocking investment by Chinese firms in telecoms and ports on grounds of security and industry sources and officials say China is likely to retaliate. In what is seen as602 words
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Article, Illustration268 2006-09-08 2 SAMUEL EE - By SAMUEL EE [SINGAPORE] A fleet of 545 BMW saloons was officially handed over yesterday to the organisers of the annual meetings of the board of governors of the International Monetary Fund and World Bank. It comprises 451 units of the 7 Series, 53 of the 5ARTHUR LEE - 268 words
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Article504 2006-09-08 2 S'pore inter-ministry group to formulate energy policies SINGAPORE has set up an inter-ministry Energy Policy Group to formulate and better coordinate its energy policies. The aim is to keep the local cost of energy competitive to underpin an attractive and stable environment for Singapore's long-term economic growth. TOP504 words
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Article, Illustration665 2006-09-08 3 RONNIE LIM - Aim is to keep cost competitive to underpin economic growth By RONNIE LIM [SINGAPORE] Singapore has set up an inter-ministry Energy Policy Group to formulate and better coordinate its energy policies, Minister of State for Trade and Industry S Iswaran said yesterday. The665 words
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Article137 2006-09-08 3 STI 2,505.39 (-21.14) ST INDEX FUTURES 2,509.00 (-21.00) siMsa 299.07 (-2.85) SIMSa FUTURES 299.40 (-4.00) MARKETS Thursday Change KISECOMP 955.85 -0.54 NIKKEI 225 16,012.41 -271.68 HANG SENG 17.096.44 -162.07 SET INDEX 692.56 -9.40 JAKARTA COMP 1,470.47 -2.10 MANILA COMP 2,405.25 +9.05 SEOUL COMP 1,351.17 -5.84 SHENZHEN B 292.44137 words
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Advertisement18 2006-09-08 2 dpodlp Hunting season H H has begun (Target: Private Bankers) vb ww.thfepenpleatwotk .aoni Asia f f *ociitive Seatch18 words
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Advertisement343 2006-09-08 3 SINfiAPOPf 1 OKI I M 1/4. I IS I WOVPN ART RE-LOCATION CARPET AUCTION SIMPLY PUT, WE'RE WILLING TO PART WITH OUR MOST POPULAR AND FINEST PIECES AT NEVER AGAIN ROCK BOTTOM STOCK CLEARANCE PRICES! SO MAKE A DATE WITH US RIGHT NOW BEFORE THE BEST BUYS ARE SNAPPED UP343 words
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COMPANY NEWS
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Article, Illustration373 2006-09-08 4 ROLAND LIM - Temasek says it will continue to review, monitor investment portfolio mix By ROLAND LIM SHARES of chip maker Chartered Semiconductor Manufacturing Ltd and semicon test and packaging firm STATS ChipPAC Ltd fell yesterday after a Financial Times (FT) report said Temasek HoldingsSource: Bloomberg; FILE PHOTO - 373 words
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372 2006-09-08 4 LAUREL TEO - By LAUREL TEO ADVERTISING network agency Focus Media Singapore has nabbed an exclusive partnership with Singapore Post that will allow it to broadcast ads and content from TV screens installed in the latter's 62 outlets across the island. The move372 words
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266 2006-09-08 4 SINGAPORE Press Holdings said yesterday its wholly owned subsidiary Tamil Murasu Pte Ltd (TMPL) has been converted into a public company called Tamil Murasu Ltd (TML). TML, which publishes the Tamil-language newspaper Tamil Murasu, has issued a new class of shares management shares, totalling266 words
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Article, Illustration610 2006-09-08 4 Bloomberg CAPITALAND Ltd, Southeast Asia's biggest developer, plans to invest in projects in Russia and expects a contribution to earnings in five years, chief executive officer Liew Mun Leong said in an interview. The Singapore-based developer, which owns the biggest chain of serviced apartmentsBloomberg; BLOOMBERG - 610 words
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349 2006-09-08 4 MICHELLE QUAH - By MICHELLE QUAH LOCAL biomedical company Biosensors International is confident it will get regulatory approval to sell its latest drug-eluting stent in Europe and Asia despite the resurfacing of debates over heart stents. The medical device maker is also aiming to get349 words
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Article, Illustration631 2006-09-08 6 KALPANA RASHIWALA - PROPERTY FOCUS Joint-venture company buys Grange Tower in $180m en bloc sale By KALPANA RASHIWALA CHIP Eng Seng Corporation has tied up with a fund of Chicago-headquartered Citadel Investment Group to acquire Grange Tower for $180 million through a collective sale. ItFILE PHOTO - 631 words
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411 2006-09-08 6 CONRAD RAJ - By CONRAD RAJ EN-BLOC fever continues to grip those wanting to get more money for their homes and other properties by selling collectively rather than as individuals. The latest to put their properties on the block are the residents of Hong Leong Garden411 words
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314 2006-09-08 7 NANDE KHIN - By NANDE KHIN ACE Achieve Infocom will be offering short message service (SMS) enhancement solutions to China Unicom one of China's top four telecom operators. The project, which is expected to yield revenue of more than 30 million yuan (Ss6 million) a314 words
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COMPANY BRIEFS
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35 2006-09-08 7 POPULAR Holdings said yesterday that its wholly owned unit, Educational Publishing House, has bought the remaining 30 per cent stake in Kinder Education Press for HK$BOO,OOO (Ssl 64,240).35 words
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31 2006-09-08 7 JARDINE Cycle and Carriage Ltd's subsidiary, PT Astra International Tbk, has raised its stake in PT Bank Permata Tbk, from 31.55 per cent to 44.5.31 words
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40 2006-09-08 7 ASL Marine Holdings' wholly owned subsidiary, ASL Shipyard Pte Ltd, has secured new shipbuilding contracts worth $46.5 million for the construction of various vessels. The vessels are expected to be completed in 2008.40 words
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35 2006-09-08 7 KEDA Communications Ltd has been awarded an 18 million yuan (553.6 million) contract to build and maintain video conferencing systems for the Guangdong Public Securities, Public Procuratorates and Courts.35 words
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54 2006-09-08 7 SHANGHAI Turbo Enterprises has amended some of the terms of its proposed bonus warrants issue. Instead of one warrant for every share held, it will now be one warrant for every two shares held. The warrants can be converted to new shares at an exercise54 words
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Article763 2006-09-08 7 CHEW XIANG - NEWS ANALYSIS It's time to take a look at lesser-known firms, which appear reasonably priced, says CHEW XIANG CHEW XIANG IT IS tempting if you haven't already done so to buy into the major oil and gas-related conglomerates here, given still-high oil prices and as763 words
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Page 4 Advertisements
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Advertisement760 2006-09-08 4 HONG LEONG GARDEN CONDOMINIUM d Land Area 266,076 sq ft 24,719 sq m a Tenure 956 years Plot Ratio 1.6 0 GFA 425,721 sq ft 39,550.4 sq m A Tender Closing Date: 6 October 2006 (Friday), 4pm J For info and tender document, please contact: S IVY LEE REALTY Tel:760 words
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Advertisement73 2006-09-08 6 Biflf smSm HHP'''? f wBL 4H^HB^BB nrn iiiihhhh ir■» '■WHBT■■^■iu^ j|A i < t .J i i Real-time breaking news 7-day archive podcast AAy bO&S b(ZAA*&V~&S CX)WAt&C£IX)tfL6* vodcast personalised email news alerts Th/tbt's why h/b gives! Mse, STI su/bscrLfrtLoi>v urtvbr e,w&r the•< job ta,k,e,s wue,. THE STRAITS TIMES INTERACTIVE ge,t73 words
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Advertisement32 2006-09-08 7 bB^SmPPI 1 Tk ;'AI -< /**->* :\"i* <K r *S* 5* t 5 r ji' wMi^^Bm3tL^/^tk<''-. :i£L-i^~!*..-xWtSh, -:"T nw^———W ***> i \^^^^^^^ißMißMßHißNiißßMßißMNHMliM^^^^^^^^^lfli B i HiMHHHIiHi HRHIHi ■tlfl R m 1 BffifivSSfi HH ||l|||iiHfi|H 4jHM 2?B32 words
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SINGAPORE MARKETS
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Article, Illustration513 2006-09-08 8 R SIVANITHY - STOCKS Straits Times Index drops 21 points, in line with region-wide equities selloff R SIVANITHY Senior Correspondent WALL Street's fall on Wednesday led to a region-wide selloff in Asia yesterday. Adding to the woes was the soft futures market for US indices throughout AsianSource: Bloomberg - 513 words
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Article, Illustration980 2006-09-08 8 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS (Disclosures made on Sep 7 and earlier) Subsantial No of Price SHAREHOLDING Trans Shareholder/ Buy/ Shares Per Before After Stock Date Director SeH '000 Shr £000) (000) Abterra Ltd 7-Sep-06 Prosperity Steel (Asia) Co. Sell *****3 na *****99 55 49 *****6 38.90 Fragrance Frp980 words
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Article, Illustration969 2006-09-08 8 UMA SHANKARI - Compiled by UMA SHANKARI ST Engineering Sept 7 dote: 552.91 CITIGROUP RESEARCH, S«pt 6 ST Engineering announced that its US operation (through VT Halter Marine) has secured a third contract from Crowley Maritime to build four more Articulated Tug Barges (ATB) for US$24O million. This follows two previousSource: Bloomberg - 969 words
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Article, Illustration534 2006-09-08 8 LARRY WEE - CURRENCIES LARRY WEE Senior Correspondent US DATA released overnight helped to nudge the US dollar higher yesterday in some places, but its Asian counterparts stood their ground too. The US central bank's Beige Book background brief- ing notes released overnight (for their upcomingSource: Reuters - 534 words
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THE CFO INTERVIEW
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Article, Illustration1530 2006-09-08 9 SIOW LI SEN - SAP relies on some 120,000 partner consultants and keeping everyone happy is the key to its business, reports SIOW LI SEN SIOW LI SEN SALES is Colin Sampson's priority but one may not realise that from his title senior vice-president and chief operating officer of SAP Asia-Pacific.ARTHUR LEE; REUTERS - 1,530 words
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Page 9 Advertisements
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Advertisement244 2006-09-08 9 y^Ss G/tarmecfSu a cuorlcf of wine HH|HH 4, Jtsm Whether a red or a white, sparkling or dessert, the beauty of wine is its wonderful abilrty to grace any meal, any cuisine, any occasioa All you need is a touch of know-how to choose the perfect wine for the right244 words
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SINGAPORE NEWS
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429 2006-09-08 10 MICHELLE QUAH - They include reducing period GST records have to be kept By MICHELLE QUAH THE Ministry of Finance (MOF) wants people to share their views on proposed changes to the Goods and Services Tax (GST) Act. Proposed amendments include: reducing how long GST records need429 words
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434 2006-09-08 10 RONNIE LIM - By RONNIE LIM SINGAPORE'S decision to import liquefied natural gas albeit from around 2012 comes amid rising LNG prices as big new buyers like the US emerge and Japan snaps up most of the LNG available in Asia. This means that the434 words
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Article, Illustration286 2006-09-08 10 NEXT week's meetings of the International Monetary Fund and World Bank will mean about $100 million worth in extra sales of goods and services for Singapore, Spire Research and Consulting estimates. Spire said earlier this week that the event will generate $200AP - 286 words
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356 2006-09-08 10 UMA SHANKARI - By UMA SHANKARI JTC Corporation awarded 17 projects worth $1.05 billion to private sector developers for the year ended March 31, 2006, the industrial landlord said yesterday. It also reported a net surplus (what amounts to net profit) of $516.4 million for the356 words
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360 2006-09-08 10 SAMUEL EE - Revenue for the industry came close to $600m in 2005 By SAMUEL EE ABOUT $60-70 million of deals over the next three years are expected to be secured by local automotive components suppliers after the inaugural Auto Ignite Forum 2006 here.360 words
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388 2006-09-08 10 ROLAND LIM - By ROLAND LIM THE Environment and Water Industry Development Council (EWD yesterday launched a $100 million programme, the first of six programmes aimed at boosting the environment and water technology industry over the next five years. The Environment and Water Research Programme (EWRP)388 words
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234 2006-09-08 10 WINSTON CHAI - By WINSTON CHAI THE number of websites offering bootleg computer programs has dropped substantially this year, a trend that mirrors the overall decline in Singapore's software piracy rate. According to Tarun Sawney, director of anti-piracy for the Business Software Alliance (BSA), 1,629 local234 words
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Page 10 Advertisements
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Advertisement589 2006-09-08 10 [*AT3 NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg BUY IT S£ll IT HMD IT In the Matter of The Companies Act, Chapter 50 And In the Matter of SHINTEC INDUSTRIES PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the Members of the Company held at 51 Ayer589 words
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Advertisement373 2006-09-08 10 IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE CWU O S. No. 114/2006/W In the Mater of the Companies Ad (Cap 50) AND In the Matter of TECH NIK-SOIL (ASIA) PTE. LTD. (RC No. *****7976E) SINGLAND HEAVY MACHINERY CONSTRUCTION PTE. LTD. (RC No *****2202 M) and TECHNIK-SOIL (ASIA) PTE.373 words
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ECONOMY WATCH
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Article, Illustration464 2006-09-08 11 US to raise issues of trade gaps, closure of N Korea-linked bank accounts Reuters [HANOI] Saving world trade talks and bolstering global financial systems against fiscal crises were the focus of finance ministers of the United States, China and other PacificReuters - 464 words
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302 2006-09-08 11 Reuters [WASHINGTON] Sustaining Asia's high economic growth will require greater shifts from agriculture to industry and services, the International Monetary Fund said on Wednesday. Asian economic growth, which eased to 8.2 per cent in 2005, has been driven by high investment andReuters - 302 words
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303 2006-09-08 11 5 districts report slow growth on rising energy costs Reuters [WASHINGTON] The US economy grew overall from mid-July to late August, the Federal Reserve said on Wednesday, but five of the 12 Fed districts reported slowing growth as residential construction slackened and energy costsReuters - 303 words
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Article5931 2006-09-08 11 UNIT TRUSTS FUNDS AB Amer Income BT USD 8.59/ AB Amer Income A USD 8.58/ AB Amer Income B USD 8.58/ ABN Amro Asset Mgt (S pore) AB Amer Income A EUR 6*9/ Star Euope Eqy 0.95V aB Amer Income B EUR 6J6& Star Euope Bond 1.85/ aB Europ Income5,931 words
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Page 11 Advertisements
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Advertisement36 2006-09-08 11 P J Vou can now use your CPF savings to invest in AllianzGl Global Allianz (fij) r High Payout Fund. Visit our appointed distributors for more details. Global investors company regn no *****7169Z jjpr 'Hi'" ii36 words
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MALAYSIA/INDONESIA
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343 2006-09-08 12 PM launches RM720m fund to boost research AP [KUALA LUMPUR] Malaysia yesterday opened a modern facility to make medicines using biotechnology, and offered millions of dollars to promote research. Prime Minister Abdullah Ahmad Badawi officiated the opening of a RM2OO million (SsB6 million) complexAP - 343 words
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Article, Illustration489 2006-09-08 12 PAULINE NG - After a RM12.8b acquisition spree, the group boasts assets of RM155b By PAULINE NG in Kuala Lumpur MALAYSIAN investment bank CIMB yesterday unveiled itself as a universal banking group with assets worth RMISS billion (Ss67 billion), with its eyes trained on becoming Southeast Asia's most489 words
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501 2006-09-08 12 Bloomberg [LONDON] PT Bumi Resources, Indonesia's biggest coal exporter, has raised the size of a loan it's seeking by 40 per cent to US$l.2 billion to pay existing debt and buy back shares from investors, bankers familiar with the loan said. TheBloomberg - 501 words
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BRIEFLY ASIA
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Article59 2006-09-08 12 Bernama [KUALA LUMPUR] Bank Negara Malaysia's international reserves increased marginally to U5579.3 billion or RM291.3 billion as at Aug 30, from U5579.2 billion or RM29I billion as at Aug 15. The central bank said the reserves were sufficient to finance 8.1 months of retained importsBernama - 59 words
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67 2006-09-08 12 AFP [BEIJING] China yesterday issued new rules to curb over-investment by raising fees and taxes on land sales and doubling the compensation that must be paid to original occupants. Details were not provided by the Ministry of Land and Resources, which issued theAFP - 67 words
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Article60 2006-09-08 12 AFP [KUAI.A LUMPUR] Malaysia's top communications company Maxis Communications is to spend some US$3OO million to expand its coverage in India through its unit, Aircel. Maxis chief executive Jamaludin Ibrahim said the amount comprised licence fees for mobile operator Aircel to expand its coverageAFP - 60 words
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Article75 2006-09-08 12 Reuters [TAIPEI] Chinese chip maker HeJian Technology Co Ltd is planning an initial public offering in Singapore or Hong Kong by the end of this year at the earliest, local newspapers reported yesterday. HeJian president Xu Jian-hua was quoted as saying that hisReuters - 75 words
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Article2278 2006-09-08 12 VOl General Coip .057 -0.01 23 Sep 7 KM *4- COM) Genting .25.00 020 304 George Kent 350 unch 44 AAMRealty 1.43 unth 2 GHL Systems 023 unch 1435 Abric 031 unth 4 Gkrtx4ron.es Tcdi 330 unth 215 ACP Industries .033 -0.02 39 GtomacBhd 1.07 unth 42 Advance2,278 words
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Advertisement1256 2006-09-08 12 KATS Q0 NOTICES BUY IT-SELL IT-FiND IT LOST SHARE CERTIFICATES The following share certificates have been reported lost, destroyed or mislaid:Nama of Company Ccrtificatß No, In tlw Name of No. of Shifw Keppel Corporation Limited *****31/32 Mads Erik Monsen 2x1,000 -do- *****85 -do- 1x 500 -do- *****29 -do- Ixl,ooo -do-1,256 words
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GREATER CHINA
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503 2006-09-08 13 Reuters [HONG KONG] Managers of funds giving international investors access to China's often volatile mainland shares have so far achieved what every stock picker dreams of consistently beating the markets they invest in. These funds, which invest via the country's Qualified Foreign InstitutionalReuters - 503 words
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Article, Illustration313 2006-09-08 13 Take leading role to revive WTO talks, he urges Beijing AP (SHANGHAI] WTO chief Pascal Lamy has warned that China's pursuit of separate bilateral and regional free trade agreements would harm its long-term commercial interests. "Free trade agreements, whether bilateral or regional,AP; AFP - 313 words
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449 2006-09-08 13 Industry overhaul paves way for IPOs, strategic investors' entry: watchdog Reuters [SHANGHAI] China's top stock watchdog said yesterday it will support domestic brokerages that find strategic partners and go public, as the sector returns to profitability more than two years after an overhaul ofReuters - 449 words
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Page 13 Advertisements
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Advertisement48 2006-09-08 13 jl ILmB <JfP fj, fIH|QBH ™iimm Ih^l "^®r Far East Hotels unveil refurbished Executive Rooms in 5 convenient locations. Visit www.tareasthotels.com.sg jWWBWBiBHMMHBHH and discover more reasons to stay. FARE A S T HOTELS Albert Court Hotel Changi Village Hotel Golden Landmark Hotel Orchard Parade Hotel The Elizabeth Hotel48 words
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Advertisement74 2006-09-08 13 This announcement appears as a matter of record only Final Closing U*****,000,000 > The Baring Asia Private Equity Fund 111, LP. A private equity fund formed to invest in growth financings and buyouts of mid-sized companies in Asia. Baring Private Equity Asia advises private equity funds with over US$l billion74 words
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INDIA
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Article, Illustration409 2006-09-08 14 SIDDHARTH SRIVASTAVA - Latest acquisition is 30% stake in Energy Brands for US$677m By SIDDHARTH SRIVASTAVA in New Delhi THE Tata Group has acquired as many as 27 companies in India and elsewhere since February 2000, at a total cost of over 160 billion rupeesREUTERS - 409 words
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482 2006-09-08 14 Company hopes to get US$2.5b in bonds by March 31 Bloomberg [SINGAPORE] Indian Oil Corp says compensation from the government for selling fuels below cost will help fund its US$l.5 billion plan to expand and set up new businesses. The refinerBloomberg - 482 words
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Page 14 Advertisements
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Advertisement440 2006-09-08 14 INVITATION TO OFFER 1997 HAWKER 800XP Serial *****8 Owned and operated by the Queensland Government since new. Current time 4173.7 hrs 3133 landings U557,850,000* (plus Goods and Services Tax if applicable) For information, specifications, terms and conditions of the Invitation to Offer contact Frank Lautenbach. Phone: (07) 3898 9500 or440 words
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Advertisement19 2006-09-08 14 card Keep your investors informed by advertising your financial results in our newspapers. Call 1800 *****22 or email notices#sph.com.sg.19 words
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ASIA-PACIFIC/WORLD
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685 2006-09-08 15 Despite drop, PTT still makes up 14% of stock exchange's market cap By OUR CORRESPONDENT in Bangkok PTT Pic, once the darling of the Thai stock market, saw its shares take a beating yesterday after the courts agreed to hear a case685 words
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Article, Illustration458 2006-09-08 15 NYT (WASHINGTON] Boardrooms have erupted in battles in the past, but the clashes at Hewlett-Packard (HP) over leaks and questionably obtained phone records have lawyers and corporate-governance experts aghast at the strange drama unfolding. "This is a very, very messy situation for Hewlett-Packard," said NellNYT - 458 words
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186 2006-09-08 15 Bloomberg [NEW YORK] Former Citigroup Inc banker Margaret Ren was cleared by US regulators of any wrongdoing stemming from China Life Insurance Co's US$3.5 billion initial share sale, the world's biggest in 2003. Ms Ren, daughter-in-law of former Chinese Premier Zhao Ziyang, was suspendedBloomberg - 186 words
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Article, Illustration416 2006-09-08 15 LATEST US DATA AP. Reuters [WASHINGTON] The number of newly laid off workers filing claims for unemployment benefits dropped by a bigger-than-expected amount last week, signalling continuing labour market strength despite a general economic slowdown. The government reported that applications forAP.; Reuters; BLOOMBERG - 416 words
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Advertisement587 2006-09-08 15 :*at^ NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg BUY IT SELL IT FIND "T IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF 8.K.8. ENGINEERING CONSTRUCTIONS PTE LTD (Company Registration No. *****0767W) (In Judicial Management) NOTICE TO587 words
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Advertisement139 2006-09-08 15 Making waves again >-X u/ jaHfc •> The VINUM Annual Sale, 8 -16 Sep 2(Mte^gg i jSr «i* WkXKri.'' Br illfl Purchase SpecWP"|!fJi Sat 9 Sep Sun 10 Sep 10am 6pm, Vimim Cellar if Get an additional Ss2o voucher for self-collection of every case purchase! Applies to collection from Vinum139 words
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AVIATION
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Article, Illustration542 2006-09-08 16 Carrier does not rule out seeking compensation from airport operator BAA or govt Bloomberg [LONDON] easy Jet pic, Europe's second-biggest lowcost airline, said the UK's Aug 10 terror alert cost the carrier £4 million (SSI 1.8 million) in passenger compensation and lostBloomberg; AP - 542 words
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Article, Illustration321 2006-09-08 16 Bloomberg [TOULOUSE] Air FranceKLM Group, Europe's biggest airline, said passenger traffic rose 4.8 per cent in August on increased travel to Asia and within Europe. The load factor, or proportion of seats filled, rose 0.2 percentage point to 84.3 per cent asBloomberg; AFP - 321 words
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225 2006-09-08 16 Bloomberg [SAO PAULO] Empresa Brasileira de Aeronautica SA, the world's fourth-biggest aircraft maker, expects to receive additional jet plane orders from China, chief executive officer Mauricio Botelho said. "It's difficult to say there will be new orders in the next two months, butBloomberg - 225 words
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LOG BOOK
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31 2006-09-08 16 AFP [BEIJING] Construction began yesterday in a predominantly Tibetan region of southwest China on what will become the world's second-highest airport, state media said yesterday. —AFPAFP - 31 words
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50 2006-09-08 16 AP [SEOUL] Korean Air has banned the in-flight use of all of Dell and some Apple laptop computer models while operating on battery power after the US firms announced massive recalls over a battery problem, a company official said on Wednesday. —APAP - 50 words
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100 2006-09-08 16 Reuters [PARIS] Shares in European aerospace group EADS fell 3.2 per cent early yesterday after Britain's BAE Systems pushed ahead with the sale of its 20 per cent stake in Airbus to EADS for 2.75 billion euro (555.5 said on Wednesday itReuters - 100 words
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71 2006-09-08 16 Bloomberg [HONG KONG] Hong Kong Dragon Airlines Ltd, which is being bought by Cathay Pacific Airways Ltd, said it will cancel flights to Bangkok from Sept 27, citing competition on the route. The airline will make alternative arrangements for passengers booked on the cancelledBloomberg - 71 words
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414 2006-09-08 16 AP [BElßUT] Workers reported for duty, taxis began filing in and a giant, electronic board lit up yesterday as Lebanon's only airport prepared to fully open and receive a normal flow of commercial flights for the first time since the war began. Israel's announcementAP - 414 words
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262 2006-09-08 16 AFP [JAKARTA] Al3 billion-rupiah (552.2 million) lawsuit was on Wednesday filed against Indonesian national flag carrier Garuda Indonesia over the death of leading rights activist Munir. As his supporters yesterday marked the second anniversary of his death aboard a flight from Holland,AFP - 262 words
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Article2080 2006-09-08 16 err* FUCMT ITA FUGKT ETD SQ143 153S SQ146 1640 GA840 1640 GA841 1755 SQ455 1135 SQ456 1300 s j g"? gjg 1990 AMIST LH9771 1750 AFK88 2215 %**> 5Q230 1750 8A7382 2215 0*638 1345 0*639 0745 AF8087 1850 QF82 2215 OM M***** 073S EK405 0210 8A73812,080 words
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SHIPPING
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Article, Illustration595 2006-09-08 17 Income from affiliate CIMC falls 33% after it cut prices amid falling demand Bloomberg [HONG KONG] Cosco Pacific Ltd, Asia's third-largest port operator, said firsthalf profit fell a more than expected 37 per cent, on lower earnings at its terminals andBloomberg; BLOOMBERG - 595 words
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343 2006-09-08 17 AP [WASHINGTON] British shipping company StoltNielsen SA has been indicted in Philadelphia for pricefixing and other illegal cartel activities in the parcel shipping industry. The US Justice Department said indictments were brought on Wednesday against the London-based company, two subsidiaries and two former executivesAP - 343 words
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768 2006-09-08 17 SELVA KUMAR - ADMIRALTY CASEBOOK By SELVA KUMAR AN ENGLISH court recently upheld a time charterparty under which the salvor of the vessel Tasman Spirit had brought in a shuttle tanker to help in salvage operations off the port of Karachi in Pakistan. The court768 words
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441 2006-09-08 17 Bloomberg [SINGAPORE] Hutchison Port Holdings Ltd, the world's largest port operator, said it will spend US$523 million to build and operate a new container terminal in Ecuador as it seeks to tap Latin America's economic growth. The Hong Kong-based company received a 30year concessionBloomberg - 441 words
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Page 17 Advertisements
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Advertisement61 2006-09-08 17 BTBBMVS A culinary interlude, at a surprising $30 nett for three persons. It's another BT 30 ,h anniversary promotion but with a delightful difference. Take a gastronomical respite from all the rich feasting. Savour the famous Porridge Buffet at Orchard Hotel's La Terrasse (usual $68.70 for three persons). You'll be61 words
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EDITORIAL & OPINION
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509 2006-09-08 18 EDITORIAL SINGAPORE'S pole position in a World Bank study as the world's most business-friendly locale might surprise no one save, perhaps, some local businesspeople or aspiring enterpreneurs with their share of challenging encounters with red tape. After all, the Republic has long509 words
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Article, Illustration791 2006-09-08 18 ANTHONY ROWLEY - THE BOTTOM LINE ANTHONY ROWLEY Tokyo Correspondent SHINZO Abe's formal declaration of his candidature for presidency of Japan's ruling Liberal Democratic Party, and for the position of prime minister, has been received more with resignation than joy by many791 words
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Article, Illustration1096 2006-09-08 18 SIMON KENNEDY, JOHN FRAHER - A slowdown in the dozen euro nations would deal a blow to global growth at a time when the US, the world's largest economy, is decelerating with the end of a housing boom By SIMON KENNEDY, JOHN FRAHER Bloomberg THEBloomberg; REUTERS - 1,096 words
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Article, Illustration976 2006-09-08 19 TYLER COWEN - If the dollar has less value in China, Americans will spend less on Chinese products to offset the prices they pay per item By TYLER COWEN NYT CONTRARY to popular opinion, China may be good for the US trade balance. American consumers seemNYT; BLOOMBERG - 976 words
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292 2006-09-08 19 Wilfred Ng Singapore - LETTER TO THE EDITOR Wilfred Ng Singapore I REFER to Ms Genevieve Cua's column (Playing with the fine print has its risks, (BT Sept 6) about the content of banks' fine print and in particular about Standard Chartered raising their Mortgage One housing loan292 words
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Article, Illustration901 2006-09-08 19 ANDY MUKHERJEE - The US and China must back the IMF, and end currency impasse and current-account distortions ANDY MUKHERJEE Bloomberg THE system of flexible exchange rates, with countries being free to choose their currency policies, is only a few months older than the actressBloomberg - 901 words
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Page 19 Advertisements
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Advertisement24 2006-09-08 19 GOOD GAINS let your investors know by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. WATS NOTICES j24 words
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Advertisement333 2006-09-08 19 NOTICES IK MATTER OF THE COMPANIES ACT, CAP. 50 MB TK MATTER OF ASSQLARR INVESTMENT PTE LTD iU jj |„t UjIIIIBUIU I v {ivi mimoon vuvuniiry LitjuiQdUonj (Company No: IN3S3S7SW) At an Extraordinary General Meeting of Member* of the abovenamed Company duty convened and held at The Gallery Hotel 1333 words
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Advertisement28 2006-09-08 19 H Lianhe Zaobao -Entrepreneur of the Year I I Award 2006 Special I israls I finalists I f 15 AM I I ttttttU? I m iteTTr* k 228 words
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Article9881 2006-09-08 20 SGX MAINBOARD 52-Wk Tel Last Vol Day Lact Quota Dtv GrYtd N«t MCap High Low Code Company Solo fOOB) High Low Buyer Se»ar Cvr P/t Smll 4 t 5716 1st Software 2.5 +0.5 21 2.5 2 2.5 3 10.1 115 6 3148 8Telecom ...6S 6.5 7 4.9 2.99,881 words
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Page 20 Advertisements
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Advertisement35 2006-09-08 20 TVade from 20% deposit (5 x leverage on most stocks Go long or short Competitive financing rate* in ait markets Access to Asian, US, Euro stocks Select Exchange Traded Funds and Indices Competitive Commission charges35 words
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Article5987 2006-09-08 21 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In local OKI IB SS In l»S dy yr dy yr dy %yr S*p6 lnd>» Chaoqe Chanqa Clwifln Chang* Chang* Chanflt World index Preliminary ***** -0.8 4.7 -09 13 -0.9 8.0 J EAR Preliminary 1Q2S6 -03 5* -1.1 53 -1-2 <2.1 Europe Preliminary5,987 words
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Page 22 Advertisements
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Advertisement1073 2006-09-08 22 UK CONTINENT SERVICE U.S.A SERVICE Destination Destination MARITIME PEACE RDM/ATW/BMN/TLB/NAN HANJIN PENANG LAX/VCW/MZL Loads Singapore, E./W. Malaysia, Indonesia A Loads E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE F.E./S.E.A. SERVICE Destination n 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,1,073 words
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Advertisement1245 2006-09-08 22 INTERASIA ROUP SERVICE vcsa/vor umm hbghtqii) rue ecu m I si jkt 1 MOOD EXPKSS 74 SO 4i 21/09 I STUITS VEMTUIE 11/04 IS 3.? 15/09 18/09 27/09 30/W 01/10 STKAITS VENTUKE f/04 IS 3.2 04/10 07/10 AUSTRALIAN RORO SIHVKI 1 vßsa/yor hbghtw I m sw m srp ma ak1,245 words
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Advertisement1415 2006-09-08 23 WAN HAI INVBtNATIONAL PIE LTD a NO: *****9»000/R \AM\WAN HAI LINES V f Iflll llffll Nl 10: |03) 3344M11 MX: |03) *****2 M KNIH: 100 22*5900 HUL M219M99 V JOH TH. !07) *****23 MX: (07)*****21 9KHL (031) 32V5475 FAX: <031} 329Z714/ *****05 www wonhfli JDMiIDQSMMIHimDSIMniMftniM/THMI MX: 71*371 iiiiw.iiw«ii.«».h »!O:»m)41S7l«3MX:t0*l)415»0K/41C909 I'vtssa1,415 words
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Advertisement1039 2006-09-08 23 rri EASTERN CAR LINER, LTD SPECIALIZE IN RORO C HEAVY LIFT UPTO 450 TONS »mu-Aa* sarvw I vor 1I uhh sm tit rum rum |rm jkt sua 10 mm |m m 6ABXNIAACE U 10 W ~iW is/w W invr TTTT-ir 1375T iw" AZALEA ACE 31 10 I 14/09 I IS/W1,039 words
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Advertisement803 2006-09-08 23 m s)(3nas« WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AMD WESTERN ICO POINTS VKSfI VOT SI PJjUNB COUMBBO N. SttVA COUMBBO mram gaaa jmg_ iajb smum "rcsw nsff »3scr usep usep 23str IOUPBWKA YPWWI USEP 20SEP 23 SEP 26S£P 30Sff MOMA 6ABDHI 0107W HSff 27 iff 30 SEP803 words
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Page 24 Advertisements
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Advertisement717 2006-09-08 24 S M i A .im nJ W: 65-*****907 fac *****917 Nordana (Asia) Pte Ltd 70 Shwiton Way, *21-03 Marino Howst Stegap«™j)79nB NORTH WEST EXPRESS LINE MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS DATES ARE ARRIVAL DATES VESSEL VOY Shccpora htmmfo I Cotosldad Qrisfas Irfad Pa* fad— Kmrtm hfand Express laflz717 words
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Advertisement576 2006-09-08 24 -3% -®V ft —«w —fg*****118 [a^gTi^Sß moomtvwm ois li/fij 11M 14Zg_ ffiVmfii 18mu Uiflß mAi 2Mb Vh l m IriwiosoExr w VESSEL VOY SM PASM GUOANG CHfTTtGOHG I imdl |„j I «rf -IDj L I njLl m~\ Vw —5« I«W I*i Hll'= ifl'i zg ==i^= :^==^=^l= WtkWU tmui %m M/l»576 words
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Advertisement435 2006-09-08 24 CONVENTIONAL SERVICE LOADING FOR LOADING FOR COLOMBO-RORO COLOMBO BREAKBULK 15 SEPT 12 SEPT LOADING FOR CHENNAI 13/9/06 LOADING FOR MUMBAI 17/9/06 [pi, GLORY NAVNATUN GROUpI s (sma 1*70) I OWNS OPERATES THE YOUNGEST FLEET WITH FOURTEEN 7,000 DWT TWEEN DECKERS COVERING I THE ENTIRE ASIA PACIFIC PORTS f m RIOUUUt435 words
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THE BUSINESS TIMES SHIPPING TIMES
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6183 2006-09-08 25 This f™ 2* Vtml Voyag* Telephone ETA ETA Advwttur VmmI Voyage Tttophon* SIN Dwt'n Nana Nam Numbar Number SIN Daffn Nana Nam* Number Number T« ARiniAiu fab.\ onna To GERALDTON (GER) 2682 Australia f CoteDIVOire 18/09 08/10 Nordana PRINCESS MARY PM608 *****907 18/09 28(106,183 words
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IMF ARTS
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Article, Illustration949 2006-09-08 26 PARVATHI NAYAR - CURRENCY The IMF summit provides fodder for Biennale works, writes PARVATHI NAYAR PARVATHI NAYAR Usually, Art and Money form an unholy alliance whether as the obscene amounts paid in auctions for the works of deceased artists or as the negligible amounts949 words
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Article, Illustration643 2006-09-08 26 PARVATHI NAYAR - GLOBALISATION By PARVATHI NAYAR "IN South-east Asia, Singapore is one of the main diasporic countries. It is debatable, who are the 'people of the land', really. It is a country created by migrants that continues to feel the impact of migrations created by643 words
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Article, Illustration752 2006-09-08 26 PARVATHI NAYAR - FUNDING By PARVATHI NAYAR SINGAPORE Repertory Theatre's (SRT) Forbidden City needed corporate sponsorship for its restaging initiative that will potentially help the homegrown musical develop into a "brand" with touring potential; Eu Yan Sang (EYS) was looking to help the local arts752 words
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Page 26 Miscellaneous
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Miscellaneous338 2006-09-08 26 CRYPTIC CROSSWORD ACROSS (5) 1 Student's joint award? (11) 5 Did he have close ties in the 7 Cornwall is to supply weap- entertainment business. (7) ons to the mob (5) 6 Ed 9 e in ver V q u,etl V and dress 8 Given turn, making a guess! >338 words
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HEALTH
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Article, Illustration1676 2006-09-08 27 TAN SU YEN - Delayed parenthood requires careful handling from the point when couples are contemplating pregnancy through to navigating the course of high-risk pregnancies. TAN SU YEN reports TAN SU YEN POSTPONING parenthood into the late 30s and 40s certainly has its practical advantages. Husband and wife areARTHUR LEE - 1,676 words
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Article, Illustration713 2006-09-08 27 TAN SU YEN - Infertility problems loom large for those aged 35 and older, which is why it makes sense for them to opt for fertility screening. TAN SU YEN investigates TAN SU YEN THE average fertile couple has about a 20 per cent chance of conceiving each month.ARTHUR LEE - 713 words
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Page 27 Advertisements
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Advertisement164 2006-09-08 27 for HI Specialist Medical Dental Wellness V* jJRi x 4 I. n h£ait* c a it e fl ,vi Hot o i hHH MW aesthetics age management assisted reproduction cardiology colorectal surgery r o cosmetic implant dentistry day surgery dermatology diagnostic radiology ggnm H general surgery hand, wrist microsurgery health164 words
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Advertisement13 2006-09-08 27 PACIFIC HEALTHCARE HOLDINGS A fortnightly series brought to you by Pacific Healthcare Holdings13 words
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CINEMA/DANCE
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Article, Illustration262 2006-09-08 28 PARVATHI NAYAR - DVD By PARVATHI NAYAR THAI director Pen-ek Ratanaruang's newest film, Invisible Waves is an elliptical meditation on guilt and absolution that surprises us with its choices both in terms of creative ones, and those made by the characters. The protagonist of this262 words
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352 2006-09-08 28 CHEAH UI-HOON - By CHEAH UI-HOON THOSE who have watched Japanese choreographer Sakiko Oshima's work here in the past few years since she made a Singapore Arts Festival debut in 2001 must have had a sense of keen anticipation to see what kind of stark dramatisation and poetic352 words
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Article, Illustration562 2006-09-08 28 PARVATHI NAYAR - But it doesn't show us something that we don't already know, says PARVATHI NAYAR PARVATHI NAYAR WRITERS/directors Woo Yen Yen and Colin Goh offer us a slice of Singapore life in their second feature film Singapore Dreaming. They chronicle the dreams of HDB heartlanders via562 words
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Article, Illustration540 2006-09-08 28 GEOFFREY EU - By GEOFFREY EU THE premise of The Host the latest high-profile Korean movie to woo Singaporean crowds is fairly reality challenged: a giant mutant salamander with a large appetite runs amok along Seoul's main waterway. Apart from the usual assortment of kills, chills and540 words
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Page 28 Advertisements
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Advertisement204 2006-09-08 28 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 eliminate wastes from the colon to achieve well-being for the whole family. As204 words
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Advertisement164 2006-09-08 28 MODERN AND CONTEMPORARY CHINESE ART Auction 30R0BLJDLJR CHINESE and Japanese ceramic th^hyatt aryaduta Jakarta AUCTION SOUTH EAST ASIAN FINE ART j|. Prapatan No 44 45 Kwrtang Jakarta Indonesia ■I Public Viewing at Our Office A J| l Tanah Abang II No. 25 Jakarta Pusat Indonesia For further info and catalog,164 words
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WINE
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567 2006-09-08 29 jaime ee - off the cuff jaime ee Dear sir, I would like to tender for the $3 million contract to create a single brand name for Singapore which can be presented to the world. I am aware that certain words cannot be repeated, and they include "uniquely",567 words
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949 2006-09-08 29 N K YONG - Leeuwin Estate wines can stand proudly at the head of their class, says N K YONG N K YONG ASK any wine lover familiar enough with Australian wines which is the finest Australian chardonnay and, more often than not, the reply will be "Leeuwin Estate949 words
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Advertisement41 2006-09-08 29 jhHk, .^^l jidp* it riii I, ii MM I fc TjßiiiSr""nni *^¥-/i^m'' MITSUBISHI SHOWROOM: 241 Alexandra Road, Singapore *****1 Tel: 6473 9722 AUTHORISED DEALER: Cycle Carriage Fulco Motor Dealer, 22 Übi Road 4, Fulco Building, Singapore *****7 Tel: 6746 3000 www.miteubishicars.com.sg41 words
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executive lifestyle
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Article, Illustration1316 2006-09-08 30 CHEAH UI-HOON - Some of the classiest lunches and dinners, cocktail receptions and parties will mark the IMF/WB meeting here, writes CHEAH UI-HOON CHEAH UI-HOON THE whole affair sounds very serious the annual meeting of the boards of governors of the International Monetary Fund (IMF) and the World Bank Group1,316 words
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Page 30 Advertisements
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Advertisement31 2006-09-08 30 WORLD PRESS PHOTO S EXHIBITION BACK IN SINGAPORE! 8 28 SEPTEMBER NATIONAL LIBRARY 10AM 9PM (DAILY) ADMISSION FREE Gold Sponsor: Rabobank Silver Sponsor: Lee Foundation 1 A Worldwide Sponsors: ©g© canon31 words
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Advertisement20 2006-09-08 30 H IMF ARTS Taking world citizens back to their roots PG 26 Off The Cuff column appears on Page 2920 words
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