The Business Times, 21 September 2006

Lock icon This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.

Total Pages: 31
1 32 The Business Times
  • 24 1 THE BUSINESS TIMES th ANNIVERSARY 3a VI/ SINGAPORE 85 cents online at http://business-times.asial.com.sg A SINGAPORE PRESS HOLDINGS PUBUCATION MICA (P) 099/03/2006 Thursday, September 21,2006
    24 words
  • 700 1 Analysts expect fall in Thai bourse when it reopens AFP, Bloomberg, AP. Reuters. correspondent in Bangkok [BANGKOK] Thailand's King Bhumibol Adulyadej yesterday confirmed army chief and coup leader Sonthi Boonyaratglin as the leader of an interim government. A statement by the revered monarch, read
    AFP,; Bloomberg,; AP.; Reuters.; correspondent in Bangkok  -  700 words
  • 157 1 Army chief Sonthi Boonyaratglin confirmed as leader of interim government He says: —No change in country's economic policies —New prime minister to be chosen in two weeks —New constitution in about a year's time, after I which there will be a general election —Thaksin free to return
    Ap  -  157 words
  • 749 1  -  Deals seem driven more by hardship than greed: industry watchers By KALPANA RASHIWALA [SINGAPORE] First, there was the cashback scheme. Now, there's another the cash-down scheme. According to sources, it is the latest "under the table" scheme to hit the resale market
    749 words
  • Page 1 Advertisements

  • TOP STORIES
    • 454 2 He secures 464 of 702 votes in LDP election AFP. AP [TOKYO] Outspoken conservative Shinzo Abe easily won his party's support yesterday to replace veteran Japanese Prime Minister Junichiro Koizumi and embarked on an agenda that includes rewriting the pacifist constitution. The son
      AFP.; AP  -  454 words
    • 853 2  -  Efficiency served with warmth impresses; CSO ban disappoints By CONRAD TAN, NANDE KHIN [SINGAPORE] As the meetings of the International Monetary Fund (IMF) and World Bank came to an end yesterday, delegates BT spoke with gave Singapore a thumbs up for efficient organisation and
      JOYCE FANG/ST  -  853 words
    • 476 2 Coup hits air travel in and out of Thailand AIR travel has been hit by the military takeover in Thailand. At least one Bangkok-bound intercontinental flight has been diverted to Singapore, and airlines are scrambling to handle a rash of requests for cancellations and itinerary changes. COUP IN
      476 words
    • 102 2 IN the article "New entrepreneurship landscape" (BT, Sept 19). we described Infiniti Solutions CEO Inderjit Singh as a former member of parliament. This is incorrect. Mr Singh is still an MP and is part of the GRC team in Ang Mo Kio ward. In "Eric Khoo, charity get lion's
      102 words
  • Page 2 Advertisements
    • 355 2 Goods and Services Tax Seminars 2006 Dates The Indirect Tax Practice of KPMG Tax Services is conducting Goods and Thursday, 19 October 2006 Services Tax (GST) seminars focusing on the application of GST principles Thursday, 23 November 2006 to the day-to-day transactions of a GST-registered business. Special attention will be
      355 words
    • 15 2 people Do w u now (Register with us today) www thepeopleatwork.corn Asia Pacific executive Search
      15 words

  • COUP IN THAILAND
    • 472 3  -  Airlines face rash of cancellations, itinerary changes; SIA's Bangkok flights operating normally By VEN SREENIVASAN [SINGAPORE] Air travel has been hit by the military takeover in Thailand. At least one Bangkok-bound intercontinental flight has been diverted to Singapore, and airlines are
      472 words
    • 128 3  -  By Arthur Lee [SINGAPORE] Several tour agents at Golden Mile Shopping Centre, popular with budget travellers and Thai workers, reported last-minute cancellations of their bookings following news of the coup in Thailand. Gary Moh, a supervisor at Five Stars Tours, said the company had three cancellations yesterday
      ARTHUR LEE  -  128 words
    • 595 3  -  But streets are quiet as public holiday is declared By JEAN CHUA [SINGAPORE] On the morning after Thailand's military coup it was "business as usual" for Liew Kah Chee and Frodine Lee two Singaporeans working in Bangkok. Their employers kept their offices
      595 words
    • 304 3  -  By WEE LI-EN [SINGAPORE] Major travel agencies were almost swamped by calls yesterday from concerned customers booked to travel to Bangkok. While most of the calls involved queries about cancellations, changes in destination or postponement of trips, travel agencies said that most
      304 words
    • 392 4 AFP [BANGKOK] General Sonthi Boonyaratglin, the leader of the coup attempt, is the first Muslim to head the Buddhist nation's army and is known to be close to the country's revered king. Gen Sonthi, 59, a decorated combat veteran, had publicly
      AFP  -  392 words
    • 476 4 Reuters. AP. AFP, Reuters, AP, AFP, Bloomberg [UNITED NATIONS] World leaders condemned the military coup in Thailand, urging Thais to embrace the rule of law and their respective citizens to stay away from the troubled Asian nation. The events unfolded as many
      Reuters.; AP.; AFP,; Reuters, AP, AFP, Bloomberg; REUTERS  -  476 words
    • 78 4 THE following is a statement from the Ministry of Foreign Affairs: "Singapore joins the rest of the international community in watching the latest developments in Thailand with concern. We hope all parties involved will work towards a positive outcome. Thailand is an important country in the region and
      78 words
    • IN BRIEF
      • 47 4 AFP [BANGKOK] Coup leaders in Thailand have sealed the country's northern border with Laos and Myanmar, a senior army officer said yesterday. "The checkpoints between Thailand and Myanmar have been closed," he said. Officials confirmed the border with Laos was also sealed. —AFP
        AFP  -  47 words
      • 67 4 Bloomberg [SINGAPORE] Thailand's Finance Minister Thanong Bidaya cancelled his address at the IMF meeting here after military and police leaders seized power in Thailand. Mr Thanong said he will try to leave for Bangkok yesterday with the Thai delegation, and told a group of reporters he's
        Bloomberg  -  67 words
      • 85 4 Reuters [TOKYO] Production at Japanese auto makers' factories in Thailand was disrupted yesterday, with Nissan Motor Co, Mazda Motor Corp and others calling off work for the day. Most Japanese auto makers have major manufacturing and export bases in Thailand. "There has been a strong recommendation to
        Reuters  -  85 words
    • 823 4 But some predict that putsch may help end country's political crisis AP. Reuters, AFP. Blomberg [SINGAPORE] Thailand's unexpected overnight military coup rattled Asian financial markets yesterday and pressured the Thai baht and other regional currencies, though its economic repercussions remained unclear. The news prompted
      AP.; Reuters,; AFP.; Blomberg  -  823 words
    • 701 4  -  Some say business environment will remain favourable By OH BOON PING MOST Singapore companies with sizeable presence in Thailand are sitting tight, following the military coup in Thailand on Tuesday. From investment firms to property plays, businesses with exposure to Thailand are staying vigilant and monitoring
      701 words
    • 545 4  -  By LARRY WEE THE Thai baht finished more than one per cent weaker yesterday on news of the overnight military coup in Bangkok, but other Asian units were able to recover after initial knee-jerk losses in sympathy with the Thai currency. Versus the
      Source: Reuters  -  545 words



  • COMPANY NEWS
    • 532 6  -  But PacNet rejects the other nominee, on 'concerns' he is MediaRing CEO By ROLAND LIM MEDIARING yesterday won half its battle for representation on the board of Pacific Internet as it secured one of two board seats that it had asked
      FILE PHOTO  -  532 words
    • 481 6  -  By CONRAD RAJ THE mudslinging at Ses-daq-listed human resources technology company, integra2ooo, goes on with the current board through an open letter to shareholders not only hurling more allegations at "former chief executive Kwok Kah Kie but also hitting out at former HSBC
      481 words
    • 335 6  -  By MICHELLE QUAH RETAILER Metro Holdings is in for net exceptional gains of 5523.9 million5529.2 million from the sale of its shares in the relaunched Hong Kong initial public offering (IPO) of Shanghai-based property developer Shui On Land. Shui On Land, which shelved
      335 words
    • 792 6  -  HOCK LOCK SIEW By WONG WEI KONG NEPTUNE Orient Lines (NOL) needs to move more quickly in appointing a new chief executive. The last thing the national shipping line needs now is the limitations of an outgoing CEO. Compared to Singapore Telecoms which
      792 words
  • Page 6 Advertisements
    • 2160 6 DAYEN ENVIRONMENTAL LIMITED (Company Registration No. *****2051G) (Incorporated in the Republic of Singapore on 23 September 1986) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Dayen Environmental Limited (the "Company") will be held at 6 Woodlands Industrial Park El, Singapore *****9 on 6
      2,160 words

  • STOCK FOCUS
    • 1032 7  -  There's more to FJ Benjamin than just fashion, writes LESLIE YEE LESLIE YEE FRANK Benjamin founded FJ Benjamin as a sole proprietorship in 1959. The company ventured into the fashion business in the mid-1960s and opened the first ever single-brand store in Singapore Lanvin at
      FILE PHOTOS  -  1,032 words
  • Page 7 Advertisements
    • 143 7 I V ersa til e wireless presentations. i B r v J.l "> f x CP-X267 2,500 ANSI LUMENS Wireless Presentations PC-less Presentations (USB &SD Card) Quick Start-Up Shut Down Whiteboard Mode Blackboard Mode Auto Vertical Keystone Authorised Distributor AV-Sctence Marketing Pte Ltd Office and Showroom: 3 Upper Aljunied Link
      143 words

  • SINGAPORE MARKETS
    • 519 8  -  STOCKS Asian equities selling seems well-contained amid Thai turmoil nine years after baht devaluation woes R SIVANITHY Senior Correspondent IN JULY 1997, a Thai baht devaluation sparked off contagion fears that sent Asian stocks and currencies crashing. Nine years later, turmoil in Thailand again
      Source: Bloomberg  -  519 words
    • 429 8 Deemed Interest; IP: Investment Purposes; SA: Share Allotment ST: Share Transfer; B/R: Bonus/Rights Issues; OE: Option Exercise; ft: Placement Shares IT: Internal Transfer Compiled by BT. OTHER SINGAPORE INDICES Sep 20 VALUE CLOSE BT OB/OS 7.00 -74.00 BT CADI -*****.00 -49.00 BT 10-day MA -*****.00 +1.00 All-SG
      429 words
    • Article, Illustration
      973 8  -  Compiled by MATTHEW PHAN Star Hub Sept 20 dose: $2.30 BNP PARIBAS, Sept 19 WE INITIATE coverage on Star Hub with a "buy" recommendation. We expect the group to record a threeyear EPS CAGR of 22.7 per cent over 2006-08, far outpacing SingTel's 5.8 per cent and Mi's 3.3
      Source: Bloomberg  -  973 words
    • 473 8 CURRENCIES AFP [TOKYO) The dollar was lower in Asian trade yesterday as the coup in Thailand unsettled investors on the eve of a closely watched meeting of the US central bank, dealers said. The Thai baht plunged in an early sell-off after the
      AFP  -  473 words

  • COMPANY NEWS
    • 377 9  -  MID-EAST MOVES It raises holding to 12.9% to become substantial shareholder By CHEN HUIFEN DUBAI Investment Group has emerged as a substantial shareholder of renew-able-energy company China EnerSave, following a recent placement of new shares. Dubai Investment, the global financial investment arm of Dubai
      377 words
    • 388 9  -  By MICHELLE QUAH SESDAQ-LISTED Hitchins Group says ME Development (MED) a real-estate developer in the Middle East has agreed to take up a majority stake in the company. The deal is part of a proposed corporate exercise by Hitchins which would raise more
      388 words
    • 342 9  -  By MATTHEW PHAN STAR Pharmaceutical Ltd is raising a net $38 million from the issue of nearly 66.7 million preference shares at 60 cents each. The new redeemable convertible cumulative shares (RCPS), if converted to ordinary shares, represent about 28.5 per
      342 words
    • 34 9 UNIT TRUSTS FUNDS LEGEND:All prices are indicative;Broadly Diversified; Narowly Focused;$ Lower Risk;^ Low to Medium Risk;& Medium to High Risk;** Higher Risk;open-ended;+Before subdivision of units;After subdivision of units;SP after stock split N.A.Non Dealing Day
      34 words
  • Page 9 Advertisements

  • SINGAPORE 2006
    • 650 10  -  SUMMIT WATCH VIKRAM KHANNA Associate Editor Many people from the private sector think that an institution like the World Bank is not, never will be, and indeed cannot be, of direct concern to them. The popular image of the Bank is that it
      650 words
    • 679 10  -  De Rato vows to bring Fund's quota reforms to fruition quickly By NANDE KHIN AS the annual meetings of the World Bank and International Monetary Fund (IMF) drew to a close yesterday, the chiefs of the two institutions stressed the
      YEN MENG JIIN  -  679 words
    • IN BRIEF
      • 103 10 Bloomberg [SINGAPORE] India's Finance Minister Palaniappan Chidambaram said the government will revisit plans to sell state-rim companies "in the next few weeks". The government on July 6 deferred all proposed stake sales in state-run companies after plans to sell 10 per cent each of
        Bloomberg  -  103 words
      • 89 10 Bloomberg [JAKARTA] Indonesia's central bank doesn't want the rupiah, which had its biggest fall in two months on Tuesday, to "depreciate too much" as it may spur inflation, senior deputy governor Miranda Goeltom said. A strong rupiah has helped slow inflation in the country and encouraged
        Bloomberg  -  89 words
    • 169 10 THE Home Affairs Ministry has issued a rebuff to the Asian Wall Street Journal, which had criticised Singapore's restrictions on outdoor demonstrations and its handling of several foreign activists during the International Monetary Fund and World Bank meetings. In a letter published by the business
      169 words
    • 355 10  -  Expected delegate customers didn't make up shortfall By CHEW XIANG RESTAURANTS in the Suntec area were counting the cost of the World Bank and International Monetary Fund meetings that wound up yesterday after the hoped-for influx of delegate dining dollars failed to materialise despite extensive
      355 words
    • 566 10 Reuters [FRANKFURT] If European policymakers want to talk up the Japanese currency, they face an uphill battle. Two major messages are coming from their meetings with international financial leaders in Singapore: don't underestimate European Central Bank's resolve to keep hiking interest rates, and
      Reuters  -  566 words
    • 351 10 AFP A SUGGESTION that the European Union (EU) speak with a single voice in the International Monetary Fund (IMF) made no headway at a meeting of the Fund, although European members did agree to cede some of their influence to under-represented emerging market
      AFP  -  351 words

  • SINGAPORE NEWS
    • 353 11  -  By DANIEL BUENAS SINGAPORE companies appear to have grown more savvy about the value of intellectual property (IP), with more of them registering patents, designs and trademarks here over the past few years. The Intellectual Property Office of Singapore (Ipos) received 37,883 filings for patents, designs
      353 words
    • 130 11 DISK drive market leader Seagate is the first Child Aid sponsor, with a donation of $50,000. The donation places Seagate in the gold sponsorship tier. Child Aid raises funds for The Business Times Budding Artists Fund and The Straits Times School Pocket Money Fund. After
      130 words
    • 456 11  -  Expatriates choose S'pore, Australia for the cleaner air, says Hudson survey By CHEW XIANG AIR pollution is choking off the supply of foreign executive talent to Hong Kong, a survey has found. In the survey of 274 human resource executives by HR consulting
      AFP  -  456 words
    • 388 11  -  By CHEN HUIFEN THE Agency for Science, Technology and Research (A*Star) yesterday announced a revamp of its Biomedical Research Council (BMRC), aimed at strengthening basic research activities here as well as better driving the translation of laboratory findings to applications at the bedside.
      388 words
    • 456 11  -  By SAMUEL EE CAR buyers had reason to celebrate yesterday with the announcement by the Land Transport Authority that its mid-quota year review would add 8,250 COEs over the next six months. The monthly quota for these certificates of entitlement will increase
      456 words
  • Page 11 Advertisements
    • 11 11 pise use HOUSE AD limm ~s wake up toa "*<>9l3 iiiiißHM
      11 words
    • 56 11 m www.tradershotels.com ft H By Shangri-la I B ijour important IP doovwopfo and W -the* oN\a\\ fh&w to yovr&lf, In I K H tjou ever \fee- fhew. I I I m K SMART TRAVELLERS KNOW. TRADERS HOTELS I BEIJING CHANGZHOU DUBAI KUALA LUMPUR KUNSHAN MANILA PENANG SHENYANG SINGAPORE YANGON OPENING
      56 words

  • Page 12 Advertisements
    • 160 12 fi 1 P' "''ll 0c '■>. -t^f- jB |^S J' I m» r asfis IB j |jg > ||ff X m ~,T* 2J«S| 4 ;If V ~*4M I 1111 SB*** l SH W^BWB^HiHSMtedMBWt^-'Xfiii^ii'ii> M^,- ffjl 9■•««••■ W ,ph®[2 ra BP"Mi k fltffll B i f* fl^H ■■■■S B 1111 Hi
      160 words

  • SINGAPORE INTERNATIONAL
    • 1170 13  -  S'pore companies are venturing into the Chinese province's services sector instead of manufacturing, reports CHUANG PECK MING CHUANG PECK MING SINGAPORE companies have pumped US$372 million into Sichuan since the Singapore-Si-chuan Trade and Investment Committee was set up in 1996 —10 times the money put in
      1,170 words
    • 524 13 IT was an academic exercise that has since turned into a promising business venture. Five years ago, the Institute of Environmental Science and Engineering headed for Sichuan in central western China to recruit top graduates to fill its scholarship programmes. While there, the lESE,
      524 words
  • Page 13 Advertisements
    • 158 13 4 i 1 BBHI Keen to venture overseas? IE Singapore can be your partner Attend the Awareness Seminar SerieS: Grow Your Overseas Business with IE Singapore a seminar designed to empower companies who actively seek information to enhance their internationaltsation strategies on 18 October 2006. Take this opportunity to team
      158 words
    • 33 13 ENTERPRISE The Business Times SINGAPORE Singapore Singapore intKncbond b a weakly, martial tnowrt sodas btwjM to you by Singapore and ThotudnowTlmos. It Singapore ban iptfKy undtr thtMbiMvy of Trsdtmdlndurtry helping •nUrprtm ixpoft Aftd
      33 words

  • MALAYSIA/INDONESIA
    • 434 14  -  It now has 51% stake in Hicomobil, which distributes Chevrolet cars By S JAYASANKARAN in Kuala Lumpur AMERICAN giant General Motors (GM) has wrested ownership of its Malaysian distributorship from local conglomerate DRB-Hicom a move that underlines the gradual erosion of DRB's dominance
      434 words
    • 205 14 Reuters [JAKARTA] Indonesia's largest regional development bank in terms of assets, PT Bank Jabar, said it plans to raise around 1.55 trillion rupiah (*****.3 million) from a listing of its shares and a bond issue. Umar Sjarifuddin, the president director of the lender,
      Reuters  -  205 words
    • 352 14 (KUALA LUMPUR] The Tourism Ministry is seeking an extra RM6 billion (552.58 billion) from the government to help finance tourism-related infrastructure projects such as tourism centres, theme parks and jetties, among others, a report in Malaysia's Business Time said. The ministry was allocated
      352 words
    • 327 14 Bloomberg [KUALA LUMPUR] Malaysia's inflation rate eased to a six-month low in August as a stronger currency helped contain prices of imported goods and oil costs eased. The consumer price index added 3.3 per cent from a year earlier, after a 4.1 per cent gain
      Bloomberg  -  327 words
  • Page 14 Advertisements
    • 458 14 T —Fabulous and leisurely brunches are no longer ifjgL J0 restricted to Sunday! Kick off the weekend by :|giv fpr- fvH pampering yourself to a fantastic spread of Italian [ML fare where the freshest ingredients are added to traditional recipes and served with warm flßfy hospitality. The buffet spread includes
      458 words
    • 34 14 Fantastic value You Can enjoy $dads, soups, Ice cream, local desserts like Ice kacang and tau suan plus fresh fruit for only $3*! With every order of a local or western delight from 56.90*
      34 words

  • GREATER CHINA/INDIA
    • 314 15 AP [BEIJING] News Corp chairman Rupert Murdoch says his Chinese-born wife, Wendi Deng, is in China with the company's executives to help launch a Chinese version of its popular MySpace social networking website, a newspaper reported yesterday. Mr Murdoch, speaking
      AP; BLOOMBERG FILE PHOTO  -  314 words
    • 409 15 B-share index up almost 10% on talk of merger with yuan-traded A-shares AFP [BEIJING] China's normally moribund hard-currency share market rallied sharply this week on reports it would be overhauled by the government but analysts said reforms remain a distant prospect. The market for
      AFP  -  409 words
    • 4 15 Source: Reuters
      4 words
    • BRIEFLY ASIA
      • 47 15 Bernama [BERLIN] China will replace Germany this year as the world's third-largest maker of cars and vans, said China's Xinhua news agency. China will produce about 5.9 million light vehicles this year, outpacing Germany's 5.38 million, according to Polk Marketing Systems.
        Bernama  -  47 words
      • 60 15 indon's PT Bumi secures US$1.2b loan Reuters [JAKARTA] Indonesia's largest mining group PT Bumi Resources Tbk said it had secured US$l.2 billion worth of syndicated loans from lenders led by Credit Suisse to finance maturing debt and buy back shares. Nalinkant Rathod, a commissioner at the firm, said the maturity
        Reuters  -  60 words
      • 48 15 Reuters [FRANKFURT] German reinsurer Munich Re has been granted a licence to conduct reinsurance business under Islamic insurance rules in Malaysia. It is the first foreign reinsurer to win a composite licence to conduct so-called retakaful business from the Bank Negara of Malaysia.
        Reuters  -  48 words
      • 54 15 AFP [MANILA] The Asian Development Bank will lend China US$3 billion over the next two years with the farm and energy sectors becoming the new focal points. The bank said it also plans to extend U5523.6 million in technical assistance grants
        AFP  -  54 words
      • 70 15 Reuters inviia 9 nuiiua mviui [MUMBAI] A section of contract workers at Honda Motor Co's wholly owned motorcycles unit in India struck work for a second day yesterday, but' production was unaffected, a spokesman said. More than 150 workers at Honda Motorcycles and Scooters
        Reuters  -  70 words
      • 81 15 Bloomberg wen lies 111 muia [CHICAGO] Unisys Corp, a seller of computers and consulting services, plans to open two more operations centres in India as it expands overseas to reduce costs. The company will open a facility near Bangalore next month and
        Bloomberg  -  81 words
    • 454 15 Venture will use Shipping Corporation of India vessels Reuters. Economic Times [MUMBAI] Arcelor Mittal is in talks with state-run Shipping Corporation of India (SCI) to form an equal joint venture (JV) to transport raw material and steel for the global giant, The
      Reuters.; Economic Times  -  454 words
    • 596 15 Reuters [SHANGHAI] The general manager of the Shanghai Stock Exchange fuelled expectations yesterday that China will hike quotas for foreign investment* in its markets, amid growing foreign interest in Chinese equities. "I think the trend is very clear, that the total quota of QFII
      Reuters  -  596 words
  • Page 15 Advertisements
    • 98 15 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
      98 words

  • Page 16/17 Advertisements
    • 118 16/17 MOSCOW NARODNY BANK tomorrow. This year, Moscow Narodny Bank .4 celebrates 35 years in Singapore, that's ~v 35 years helping Asian businesses the huge potential and the region have to offer. Our comprehensive banking solutions are SME/Enterprise Banking Structured Finance Structured Trade/Trade Finance Loan Syndication Financial Institution Trade Services Treasury
      118 words

  • ASIA-PACIFIC/WORLD
    • 547 18  -  Future PM's views on fiscal, monetary policy leave markets uneasy By ANTHONY ROWLEY in Tokyo SHINZO Abe's victory in the contest for leadership of Japan's Liberal Democratic Party has set him on the path to become the country's next prime minister next
      BLOOMBERG  -  547 words
    • WORLD WATCH
      • 42 18 NYT [VIENNA] Warren E Buffett pledged US$5O million on Tuesday to help set up an international nuclear fuel bank that aspiring powers could turn to for reactor fuel instead of making it on their own. —NYT
        NYT  -  42 words
      • 84 18 Reuters [SAN FRANCISCO] Oracle Corp posted a quarterly profit on Tuesday that topped Wall Street estimates as new business software license revenue rose, sending its shares up 13 per cent to their highest in four years. Net income for the fiscal first quarter rose
        Reuters  -  84 words
      • 51 18 Bloomberg [LONDON] Goldman Sachs Group has agreed to buy 10 per cent of Climate Exchange Pic, which will own emissions-trading bourses based in Chicago and Amsterdam after a reorganisation. Goldman agreed to buy 4.2 million shares at 293 pence, or £12.3 million (Ss37 million).
        Bloomberg  -  51 words
    • 758 18  -  ASIA INSIGHT Risks of global downturn, financial crises on the rise ANTHONY ROWLEY Tokyo Correspondent DON'T be "lulled into complacency by the fabulous success of Singapore," a valued contact urged me during the annual meetings of the IMF and World Bank. Always expect the unexpected,
      758 words
    • 471 18 Reuters [LONDON/NEW YORK] A group of nine of the world's biggest investment banks plan to set up their own system for reporting share trades, bypassing major European stock exchanges. The group, which includes Citigroup, Goldman Sachs, HSBC, Merrill Lynch and
      Reuters  -  471 words
    • 288 18 Reuters. Bloomberg [LONDON] A Goldman Sachs fund listed on the London Stock Exchange invested some 5 per cent in US-based Amaranth Advisors, which has disclosed billions of dollars in natural gas losses, Goldman said in a statement. It said that, based on current estimates, the impact
      Reuters.; Bloomberg  -  288 words
  • Page 18 Advertisements
    • 165 18 Measuring Benchmarking Marketing Effectiveness Conference 6-7 Nov 2006, Grand Copthorne Waterfront Hotel, Singapore 9-10 Nov 06, JW Marriott Hotel, KL, Malaysia Vital Tools, Effective KPIs Workable Strategies for Improving Marketing ROI Boosting Bottom Line REGISTER NOW! Save Ss3oo If Register by 4 Oct 06 Additional 10% discount for groups of
      165 words

  • AVIATION
    • 680 19  -  Projects include Dubai Int'l Airport expansion, Dubai World Central By CLARENCE MICHAEL in Dubai DUBAI is planning to spend US$Bl.7 billion in the aviation sector in the next decade, Sheikh Ahmed bin Saeed A 1 Maktoum, president of Dubai's Department of
      FILE PHOTO  -  680 words
    • 280 19 [SINGAPORE] Singapore Airlines has swept the board in the Business Traveller Asia-Pacific annual readers' poll. The airline was voted first in five categories: Best Airline, Best Asia-Pacific Airline, Best First Class, Best Business Class and Best Economy Class. The 2006 readers' poll
      280 words
    • 408 19 Bloomberg [TOULOUSE FRANCE] Boeing Co is mulling a smaller, 80- to 100-seat single-aisle plane, a move that would put it in direct competition with regional jet makers Empresa Brasileira de Aeronautica SA and Bombardier Inc. "We're looking at the business case," Stephen Ford, a director
      Bloomberg  -  408 words
    • 369 19 AP [UNITED NATIONS] Leaders from several nations launched a global initiative on Tuesday for an airline tax to raise money to fund treatment for deadly diseases in developing countries. United Nations Secre-tary-General Kofi Anan, who welcomed the initiative during a conference on
      AP  -  369 words
    • 287 19 AFP [PARIS] The Airbus A3BO superjumbo airliner is heading for probable new delivery delays, sources inside the company said yesterday. One source inside Airbus, who declined to be named, said that "a halving of deliveries next year seems logical in view of
      AFP  -  287 words
    • 385 19 AIRLINE CODES: AA: American Airlines (AAL), AF Air France (AFR), AI: Air India (AK), AY Finnair Oy (FIN), AZ: Alitalia Airlines (AZA),BA: British Airways Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), BI: Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR EVA
      385 words
  • Page 19 Miscellaneous
    • 169 19 CRYPTIC CROSSWORD 14 Society gets unfriendly money YESTERDAY'S SOLUTION DOWN no longer available (9) Across: 1 Blueprint, 6 Waves, 9 2 Like decoration that is the oppo- 15 Mean, by implication, to give R U jnous, 10 Immediate, 11 Corsite of outstanding (6) wrong identity? (5,4) roc e 12 Shorten,
      169 words

  • SHIPPING
    • 752 20  -  Ship owners worry about permanent disability pay for just 120 days' injury absence: IMEC By DAVID HUGHES [LONDON] Recent compensation rulings by the Philippine Supreme Court could lead to employers of Filipino seafarers "walking away" from what is currently the largest source of manpower
      FILE PHOTO  -  752 words
    • 580 20 Bloomberg [MUMBAI] Larsen Toubro, India's biggest engineering company, will invest US$4OO million in its shipbuilding unit, seeking to gain market share for smaller vessels as South Korean yards rush to complete record orders. Larsen will select a deep-water yard this year and aims
      Bloomberg; BLOOMBERG  -  580 words
    • 282 20 Reuters [KUALA LUMPUR] Maritime officials from 31 nations yesterday backed plans to keep Asia's busy Malacca Strait sealane safe and secure, but offered little cash to defray projects expected to cost more than US$5O million. At a meeting in Kuala Lumpur, Indonesia,
      Reuters  -  282 words
    • 355 20 Bloomberg [SINGAPORE] China Cosco Holdings, owner of the nation's biggest containershipping line, had a larger-than-expected drop in firsthalf profit due to lower freight rates and a fall in earnings from its port unit. Net income fell 65 per cent to 978.1
      Bloomberg  -  355 words
    • 284 20 SGX '000 a vol CH Offshore <X38 -0.02 133 ChtanHi« .032 unch 8S1 Cosco Corporation 1.65 0 02 8496 CWT Distribution... 0.60 -0.01 25 EzraHldgs -2.83 0.05 728 FreightUnks .0.06 -0.01 1650 Grand Banks Yacht 0JS -0.01 3 Java Holdings 1.38 -0.01 184 K1 Venture .039 unch 1300
      284 words
  • Page 20 Advertisements
    • 1718 20 BUKIT SEMBAWANG PJ3| ESTATES LIMITED (Registration No. *****0177 M) (Incorporated in the Republic of Singapore on 27 June 1967) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Shareholders of Bukit Sembawang Estates Limited ("Company") will be held at 1 Pickering Street #02-02,
      1,718 words

  • EDITORIAL & OPINION
    • 498 21 EDITORIAL THE military coup in Thailand on Tuesday, after months of political turmoil, comes as an unpleasant surprise that is likely to create more uncertainties than it resolves. The seemingly well-orchestrated and bloodless coup, led by army chief Gen Sonthi Boonyaratklin, appears to have achieved
      498 words
    • 710 21  -  THE BOTTOM LINE AL LABITA Manila Correspondent THE successful putsch in Thailand may embolden Manila's military rebels to mount another attempt to topple the unpopular President Gloria Arroyo. Like ousted Thai Prime Minister Thaksin Shinawatra, Ms Arroyo has also been mired in
      710 words
    • 981 21  -  Once you look under the hood, yuan may well sink under the weight of China's challenges WILLIAM PESEK JR Bloomberg Enterprise. Or 68 Empire State Buildings. Or China's expected apple harvest this year. Wow, 25 million tonnes! It's these kinds of shocking
      Bloomberg; AP  -  981 words
    • 822 22  -  Toyota and Sony recalls being viewed as wake-up call By MARTIN FACKLER NYT PERHAPS only in Japan could a television series like Project X become one of the most popular TV shows. No, it isn't a science fiction thriller; it's about product quality. Project X
      NYT  -  822 words
    • 529 22  -  LETTERS TO THE EDITOR Rahul Goswami Germany, via Internet I REFER to the report "Singapore to allow in 22 of 27 blacklisted activists" (BT, Sept 16). For World Bank president Paul Wolfowitz to term the blacklisting of activists by the Singapore government "unacceptable" is ludicrous. Such a
      529 words
    • 216 22  -  Leong Sze Hian Singapore I REFER to media reports that the Lee Kuan Yew School of Public Policy is the "world's fastest-grow-ing public policy school". Eighty-five per cent of the students are on scholarships, with some high flyers from China. India, Indonesia and Vietnam
      216 words

  • Page 22 Advertisements
    • 36 22 "7." ,v ;r v Hewitt Have you got what it takes to be a Best Employer? fafc Imhßß ft ifl 'I "I II Ihbhl I B II H BMn m—H I iH Ha ■B in ■■■■■■■■■■IB
      36 words
    • 224 22 Hewitt s Best Employers in Singapore To learn more please attend the study is the largest employee complimentary Best Employers in Singapore research project and market practice 2007 info session on Tuesday, October audit in the city state. It examines 10, 2006 at 2:oopm. people management practices in many of
      224 words
    • 108 22 HAVEYOUR SAY Fax your letters to 6319-8277 or email them r to btletterGsph.coni.sg or write to: The Business runes, SPH HQ, 1000 Toa Payoh North, Podium level 3, Singapore *****4. We need your full name, address and telephone number for verification. Ptease use temperate language, and bear in mind libel
      108 words

  • 9877 23 SGX MAINBOARD 52-Wk T«l Last Vol Day Let Quote Mr GrYld Net MCap High Low Code Comply Sate *1- rOQO) High Low 8»yr Sdfcf Cw Wl OA 4 1 5716 1st Software 2.5 unch 10 2.5 2.5 2.5 3 10.1 115 6 3148 8Telecom _.6.5 6 7 49
    9,877 words
  • Page 23 Advertisements
    • 35 23 Tirade from 20% deposit (5 x leverage) on most stocks Go long or short Competitive financing rates in ail markets Access to. Asian, US, Euro stocks Select Exchange Traded Funds and Indices Competitive Commission charges
      35 words

  • 3382 24 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In leal am in SS la USS Of yr %dy yc dy %yt S«P 1* InOo Change Ovnpt Oangt Ownq» Chtnq* Change 10U8 05 46 -05 25 -03 7,6 l EAfl Pfeiiminar/ 1016.7 -Oii 45-03 54 -0.1 t0.7 Europe Ptekmrvny 1368.1 -a; 63
    3,382 words

  • Page 25 Advertisements
    • 1029 25 UK CONTINENT SERVICE U.S.A SERVICE Destination Destination MARITIME PEACE RDM/ATW/BMN/TLB/NAN HANJIN PENANG LAX/VCW/MZL STX PO TBN CAM/NFK/NCX/SAV loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysio, Indonesia MIPOLE-EAST SERVICE F.E./S.E.A. SERVICE Destination ASEAN PREMIER DBI/ABU/DOH/BRN/DMM/KWT Destination BEL ANNA DBI/ABU/DOH/BRN/DMM/KWT STX PO TBN INC/BSN ADDU STAR JDH/AQA Loads Singapore, E./W. Malaysia, Indonesia
      1,029 words
    • 611 25 mDONGNAMA LINE 1 CONTWiWWD WWVICI VESSEL (EVER t SAT) VOY SGP HUG (Ml TERMINAL) KMTC JAKARTA *111 23/09 27/09 YM MUMIAII 16E 30/09 04/10 VISSU (EVERT SUN) VOY I"** HKG lOTA HAOUH HU243 24/09 M/M KOTAHAUHM HM3O7 01/10 OS/10 VESSEL (EVERY SUN) VOY SGP WGHD TRY YM KM MOL UOERTY
      611 words
    • 486 25 vtf/v WALLENIUS WILHELMSEN LOGISTICS website: http://www.2wglobol.com rosa vot uw hbcht sw itc map sav m o»f TAUSMAN Aft7l 3201 MS MM 01/10 10/10 20/10 01/11 04/11 04/11 TOUtCOMC AH29 4001 ms UM 07/10 30/10 01/11 12/11 17/11 10/11 mm mn 3201 m. mm 20/10 20/n 20/11 03/12 07/12 os/12 Ntw
      486 words

  • Page 26 Advertisements
    • 1592 26 WAN HAI INTERNATIONAL Pit LTD ano **********0/* VT-\ TEL *****588 (MUNIS) FiUL*****163 I\NM 1 WAN HAI I |Nr> CustomerSarvite/BookingiDirsctUm-(1800)*****200 11V llflll llfll kl I« k J n&IB: (03) *****180 MX: |03) *****210 NN IB: (04) *****00 MX: (0Q229M99 V JOH IB: (07) *****23 MX: (07)*****21 M IB: (031) 329*75 MX:
      1,592 words
    • 1072 26 I VESSEL I VOY PKL SIN I KARACHI I PXj I BAB NHS PMM BIK IKHOR IRAN TABATABAEI PCI 8159 22/09 23/09 02/10 05/10 06/10 12/10 14/10 16/10 IRAN BAABAEI PCI 5157 24/09 03/10 06/10 OJ/10 13/10 15/10 16/10 IRAN SATTARI PCI 8160 03/10 04/10 13/10 I 16/10 117/101 23/10
      1,072 words
    • 43 26 I P. T.DJAKARTA LLOYD (PERSERO) I I AUSTRALIA FULL CONTAINER SERVICE j IPT Djakarta Uayd (Singapore) Pta Ud 1 Operator Code: Dl CR NO **********00 1 10 Akm bad #32-02 F*ji Xtroi Tcmr, Sinistra 07W07 1 Tel: 6221 3202 Fax: 6221 3079 I
      43 words
    • 838 26 m sj(SH WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICQ POINTS VESSEL VOY SIN P.KIANC COLOMIO H. SHIVA COLOMIO MTAfgWIKA mSSLJm SM 2iStE ZLStt ttLQQ INDIRA GANDHI ****** 26 SEP 27 SEP 30 SEP 03 OH 07 OCT UL BAHADUR 0106E 26 SEP 30 SEP UJIV
      838 words


  • BizIT
    • 871 28  -  Data storage company added 1,200 new customers in Asia last year, including 100 in Singapore, reports AMIT ROY CHOUDHURY AMIT ROY CHOUDHURY DATA storage major EMC Corporation, which sees the Asia Pacific and Japan (APJ) as its fastest growing region, has started a major
      871 words
    • 307 28  -  By WINSTON CHAI UP TO 1,000 Toshiba laptop users in Singapore will be impacted by a massive worldwide battery recall initiated by the Japanese computer maker earlier this week. According to the Tokyo-based company, the voluntary exchange programme affects nearly 340,000 batteries
      307 words
    • 320 28  -  By ROLAND LIM KPMG Business Advisory Pte Ltd has won a $2.5 million tender from the Infocomm Development Authority of Singapore (IDA) to provide consultancy services to develop the National Authentication Framework (NAF). The NAF is a security framework aimed at
      320 words
    • 220 28 Reuters [STOCKHOLM] Mobile phone maker Sony Ericsson said on Tuesday that it would launch a new service on its phones that would allow full music downloading, initially focusing on new artists. Mobile phone makers have been integrating music players into their handsets, part
      Reuters  -  220 words
    • 697 28 Bloomberg [TOKYO] Microsoft Corp, outsold eight-to-one by Sony Corp in Japan's US$l.4 billion video-game console market, is counting on a little magic to narrow the gap. Key for Microsoft will be the addition of role-playing software that made up 15
      Bloomberg; FILE PHOTO  -  697 words
    • 373 29 Bloomberg [WASHINGTON] Cisco Systems Inc and Motorola Inc have urged the US Senate to reject rules barring high-speed Internet providers from charging companies such as Google Inc new fees for priority network access. So-called net neutrality rules could "hobble the rapidly developing new
      Bloomberg  -  373 words
    • 174 29 Reuters [FRANKFURT] Loss-making BenQ Mobile plans to outsource production of its handsets as it struggles to make a profit from the business it took over from Germany's Siemens last year, a German magazine reported yesterday. In an advance copy of an article to be published tomorrow,
      Reuters  -  174 words
    • 536 29  -  Plastoform hopes to drive its growth with its compact speakers By ROLAND LIM SMALL speakers that sound bigger than they are that's what Hong Kong-based Plastoform Holdings is betting on to drive its growth. Plastoform, which is seeking a listing on the Singapore
      536 words
  • Page 28 Advertisements
    • 374 28 APOLLO ENTERPRISES LTD (Company Registration No. *****0502G) (Incorporated in the Republic of Singapore) Notice is hereby given that an Extraordinary General Meeting of Apollo Enterprises Limited (Company) will be held at the Apollo Boardroom, Level 19, 405 Havelock .Road, Singapore *****3, on 18 October 2006 at 10.30 a.m., for the
      374 words

  • Page 29 Advertisements
    • 167 29 Our qualified professionals J can assist you with offshore structures, shelf companies and incorporations in ALL JKHp' jurisdictions including: W^s British Virgin Islands Cayman Islands Bahamas Mauritius SSHHBBMHRBHHHHnSMH Hongkong Samoa Full nominee, management, secretarial, banking and corporate administration services are available. We also specialize in offshore trusts for assets protection
      167 words

  • PROPERTY
    • 174 30 CB RICHARD Ellis (CBRE) has been named overall winner of financial magazine Euromoney's 2006 Global Real Estate Awards. And CBRE's Singapore team took top honours for advisory services, valuation, research and transaction execution. Overall, CBRE swept the board, collecting 48 awards. Euromoney asked
      174 words
    • 418 30  -  55% of high-end project's 400 units have already been snapped up By UMA SHANKARI MALAYSIA'S Mont'Kiara neighbourhood is one of the most sought after locations among Kuala Lumpur's expatriate community. And now celebrities who are snapping units in the recently launched Tiffani by
      418 words
    • 316 30 [KUALA LUMPURI Singapore's Wing Tai Holdings Ltd, the single largest shareholder of Malaysia's DNP Holdings Bhd, wants to build more middle and high-end properties in Malaysia to boost the group's global earnings, says a report in Malaysia's Business Times. "We are looking for opportunities
      HIE PHOTO  -  316 words
    • 404 31  -  Freehold bungalows went for $5.6m to $6.3m in recent weeks By KALPANA RASHIWALA SIMON Cheong has sold three of the five bungalows he is developing on the 55,259 sq ft Chansville site in Mountbatten Road, which he bought from the family of the
      404 words
    • 315 31 ANOTHER residential development goes on sale in the Upper Serangoon Road area this weekend. The Acacias in Braddell Park, off Upper Serangoon Road will be launched at an average price of about $645 per square foot (psf) The 65-unit freehold
      315 words
  • Page 30 Advertisements
    • 375 30 |B|pial M ftotyti I I HPMflWtt 4 !i#B "-and 22,472 sf +SL 3,550 sf —Hougang Av«l 22= 1 j ——7 •LH 947 yrs from 5/10/1934 (jiff" 1 Residential, GPR 1.4,5 Storeys Approx 600 m to Kovan MRT >.f| Within 2km of Rosyth School HtgNand \3k -"py XJV Potential for 30
      375 words
    • 147 30 PRIME RESIDENTIAL SITES AUCTION on 27/09/06, Wed AMARA HOTEL, Level 3,2.30pm Palm Grove Avenue mfr"*" 29,014 sq ft, 999 yrs A "W* X* Rebuilt Potential I'&SiS&s, Plot Ratio 1.4 *2? *X\X Jm Regular shaped *•*> mm Call: 9188 9908 I-\ S 9684 7374 B iBSwBKeW Sixth Avenue """'UrST Forced Sale
      147 words
    • 109 30 w«» For Lease UE Print Media Hub, at Paya Lebar Road BRAND NEW, TOP Ist1 st Quarter 2007 5-storey building with basement carpark Units from 1,300 sqft 17,000 sqft Food Court in Building Next to Circle Line MRT Station Attractive Rentals Sole Marketing Agent ElfSeah 9693 ***** 6415 7330 Cayce
      109 words

  • Page 31 Advertisements
    • 65 31 CANAL HO Tembeling Centre Golden Wall Centre Strata Area 440 sqm Strata Area 610 sqm Tenure Freehold Zoning Commercial Usage Ideal for Showroom, F&B, RetaH Trades. piease contact Edmund Lee 9843 3965, Lennon Koh 9748 7400 Dominic Peters 9825 2101, Cayce Kor 9828 9762 ..I i^mi-.^JSSmSEI Commercial Industrial Residential Investment
      65 words
    • 32 31 Rare Investment Opportunity MacPherson vicinity Freehold 9-storey Industrial Building 100% tenanted Land 37,000 sqft GFA 90,000 sqft For more information, please contact: Dominic Peters *****101 /*****638 Edmund Lee *****965 *****631 ElfSeah *****126/*****330
      32 words

  • Page 32 Advertisements
    • 240 32 Professional Professional Portable UHra Portable LCD Home Theatre Projector Multimedia Reel XGA LCD Projector Multimedia ReaIXGA LCD Projector Multimedia ReeIXGA LCD Projector Multimedia ReeIXGA LCD Projector PlV7lfiiinSl PLC-XF46 [ia»iffi] PLC-XFWIA esooim! PLC-XPS7L moo im PLC-XU4B ***** m High contrast ratio 1300:1 High contrast ratio 1300:1 High contrast ratio 1000:1 Compact
      240 words