The Business Times, 25 September 2006
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2006-09-25
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The Business Times
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Title Section22 2006-09-25 1 THE BUSINESS TIMES ■Vth ANNIVERSARY SINGAPORE 85 cents online at http://business-times.asial.com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION MICA (P) 099/03/2006 Monday, September 25,200622 words
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Article, Illustration611 2006-09-25 1 Two aircraft could have carried them days before coup [BANGKOK] Former Prime Minister Thaksin Shinawatra may have whisked some of his assets out of the country aboard two aircraft days before a military coup ousted him from power, airline officials said yesterday.611 words
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Article137 2006-09-25 1 MARKETS Week Chge STI .2520.50 -1.41 KLSECOMP *****.. +6.24 NIKKEI 225 *****.67 -232.26 HANG SENG *****.65 ....+363.00 SET INDEX 681.71 -18.90 JAKARTA COMP ...1510.82 +45.12 MANILA COMP ...2531.65 +96.79 TAIPEI TAIEX 6885.60 ....+204.51 SEOUL COMP 1348.38.. -12.72 SHENZHEN B 310.03 +19.03 AUST ALL ORD 4948.40. -48.80 DOW JONES137 words
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Article, Illustration784 2006-09-25 1 MICHELLE QUAH - Two parties sign up for US$206m and US$360m stakes in upcoming ICBC offer By MICHELLE QUAH [SINGAPORE] Singapore's United Overseas Bank (UOB) and the Government of Singapore Investment Corp (GIC) are among the key investors in what's expected to be theREUTERS - 784 words
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Advertisement59 2006-09-25 1 8 ■BMBMBBBMWBMMMBBMBMHMMMMWBMMWWMWMMMMMMWMMMIfff Mil P'ftW i&*ana& the annual mid-autumn festival from 18 September to 6 October. i traditional and signature mooncakes showcased In an elegant treasure box. y V I sf* *;*•>? sase call 6887 5492. I*§ H f 1 S 4 >' t t*"" 4 -I|| ililfelsft I oad Singapore59 words
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Advertisement10 2006-09-25 1 YOUNG INVESTORS' FORUM Buy the market via ETFs PAGE 1210 words
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Advertisement45 2006-09-25 1 mmm views from THE TOP MM&jSd&m IMF and the business SHHH of growth PAGES 8& 9 SIAS INVESTORS' CHOICE AWARDS A special BT supplement on improving corporate governance in Singapore and an interview with the CEO of SMRT, this year's winner of the SIAS award45 words
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Advertisement6 2006-09-25 1 BizlT NCStorampup overseas operations PAGE 346 words
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TOP STORIES
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Article433 2006-09-25 2 CHUANG PECK MING - He is invited to celebrate the VSIP's 10th anniversary By CHUANG PECK MING IT'S a measure of the significance of the Vietnam-Sin-gapore Industrial Park (VSIP) to Vietnam's ties with Singapore that the country's new leader Nguyen Tan Dung has invited Prime Minister Lee Hsien Loong to433 words
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Article, Illustration470 2006-09-25 2 AFP, AP [BANGKOK] Thailand's ruling junta has drawn up a four-man shortlist, including former World Trade Organization (WTO) chief Supachai Panitchpakdi, to replace the deposed premier and steer the nation back to democracy, a military source said. News reports said SupremeAFP,; AP; AFP - 470 words
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Article436 2006-09-25 2 Firms neglect human factor during due diligence: Hewitt MERGERS and acquisition (M&A) activities are set to rise in Asia-Pacific during the next few years, but companies in the region are still not paying enough attention to the human factor in M&A issues, suggests a new study by Hewitt436 words
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Article, Illustration802 2006-09-25 4 NANDE KHIN - But companies still neglect human factor during due diligence: Hewitt Reports by NANDE KHIN [SINGAPORE] Mergers and acquisition (M&A) activities are set to rise in Asia-Pacif-ic during the next few years, but companies in the region are still not paying enough attention toSource: Hewitt Associates - 802 words
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524 2006-09-25 4 Companies want to assess leadership, facilitate cultural fit [SINGAPORE] Companies in Asia-Pacific would like to focus more on longer-term human resource issues like cultural fit and leadership assessment in future merger and acquisition (M&A) deals. Most of them also feel that524 words
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Advertisement255 2006-09-25 2 1,1 1 1 m—mmmmmmmm wm. The University of Manchester A Manchester Business School International Compliance Association www.int-comp.org Professional Qualification for Compliance Officers The International Compliance Association (ICA) in association with the University of Manchester Business School is pleased to announce the Singapore launch of the Certificate in Compliance and the255 words
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Advertisement223 2006-09-25 2 D pod|p Hunting season has begun. (Target: Private Bankers) www.thepeopleatwork.com Asia-Pacific Executive Search ji Vr>//? lis tor aii evening (it tun and e\< itement .it the Rat ecoiirse. The night, will feature thrilling tr.u k tion and A Tic Atl.iir Fashion Show featuring ties In Mar/ullo .tnd ladies wear In,223 words
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Advertisement315 2006-09-25 3 SINCERE THE WATCH SPECIALIST i r i V r fT r >r tv» r HKHui r r np 35®$/ r rn r r r-f f v» f, r*>T+f*f-»f f r r r r /r< jf- X >• I 1 )edicalet! to Ihe most prcst 1 j.*n>us <>i .iiit<>ni<>l>iic le.u uivs-315 words
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Advertisement106 2006-09-25 4 What Your Web Host Isn't Telling You v> power supply •«r 5 i offsite storage backjp4»Tvers system administrators What your web host isn t telling you about the real nature of his operations may cost you millions in business continuity one day. How is Webvisions' 24/7 Premium Hosting Different? For106 words
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Advertisement51 2006-09-25 4 THE WORLD'S FAVOURITE OPERA SINGER «S9 i f^^dSiipwSS 4 4Hh||sMk .-J In Recital BFfYN TERFEL SUNDAY. 5 NOVEMBER 2006 7.30 PM ESPLANADE CONCERT HALL SISTIC Booking Hotline 6348 5555 Booking Website: www.sistic.com.sg Tickets available at all SISTIC Authorised Agents islandwide Official Event Website: www.lunchbox-productions.com Mak.NA S> nirJi.'in M*NV"KtN '<2 l51 words
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Advertisement36 2006-09-25 4 1 1 I' I 1 9k i Geta Leading Edge Your sailing schedules get wider attention in The Business Times shipping pages Gill Bernard Ong at 6319-1645 or Michael Chng at 6319-2062 I mm Shipping Times36 words
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COMPANY NEWS
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Article, Illustration861 2006-09-25 5 SIOW LI SEN - HOCK LOCK SIEW By SIOW LI SEN That Singapore Telecommunications named veteran insider Chua Sock Koong to helm the group came as no surprise many in fact had questioned the need for a global search when it was quite clear there were no pressing reasons861 words
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338 2006-09-25 5 MICHELLE QUAH - By MICHELLE QUAH SUNTEC Real Estate Investment Trust (Suntec Reit) is planning to buy about one million square feet worth of office units in the Suntec City Office Towers that it does not currently own, as part of its plans to338 words
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394 2006-09-25 5 MATTHEW PHAN - By MATTHEW PHAN ST Engineering (STE) should see a stronger stream of revenues in the second half of a "back-end loaded 2006", with the group on track to integrate various major acquisitions made in the last 18 months, says Citigroup analyst Kevin Chong in394 words
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Advertisement282 2006-09-25 5 With the Plasmacluster™ lon Air-conditioning Technology, now you can. Nissan makes every journey a breath of fresh air. With this technology, positive and negative ions are emitted to effectively keep V Jk air fresh and free from airborne contaminants such as dust, pollen and germs to create optimal comfort. Because282 words
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SINGAPORE MARKETS
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Article, Illustration627 2006-09-25 6 VEN SREENIVASAN - STOCKS VEN SREENIVASAN Senior Correspondent THE Singapore market ended almost unchanged last week, which by most accounts must be one of the most eventful in recent months. Amid the opposing forces of a coup in Thailand on one hand and signs of627 words
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537 2006-09-25 6 CURRENCIES AFP [HONG KONG] Asian currencies mostly gained ground against the US dollar last week, as talk of a possible US interest rate cut and concerns about the slowing US economy weighed on the greenback. The Thai baht, however, declined against theAFP - 537 words
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Article657 2006-09-25 6 rtfmait Ex looks Pay I* Becks Pay lrnl Iffl) Ml dew fete A8f ipoo? Kondmde*Fd <M 150 0J-0O 05-00 13-00 JMW US10 27-Sep (H-Oct 22 M» MftHkkp I OSO IS S-p 70 Sap 2»S«p JSH be VJO 2? Sep 02-Oct 22-Mw ABBHkJgi S OSO IVSap 205ap 295ap JiaxxigTett)657 words
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327 2006-09-25 6 COMMODITIES AFP [LONDON] World oil prices registered fresh falls last week on fading global supply concerns and rising US heating fuel stocks, while metal prices were buoyed by a weak US dollar. On Friday, the Commodities Research Bureau's index of 17AFP - 327 words
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Article, Illustration1800 2006-09-25 6 Consensus No.of Forecast Mean Fri's I Consensus No.of Forecast Mean Fits recommendation esti- EPS PE target price recommendation esti- EPS PE target price Company name This wk Last mth mates (cents) (ratio) price (S) Company name This wk Last mth mates (cents) (ratio) price Advanced Holdings 2.00 2.001,800 words
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Article, Illustration1223 2006-09-25 7 ROBERT HALILI - INSIDE MARKETS Ace Achieve, Sing Lun and FerroChina see buying at prices lower than prior purchases, notes ROBERT HALILI ROBERT HALILI BUYING by directors and substantial shareholders increased again while disposals fell last week, based on filings on the Singapore Exchange from1,223 words
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Advertisement75 2006-09-25 7 a wholly-owned subsidiary of Pan Sino International Holding Limited (SEHK stock code 502) on the Ground Breaking Ceremony of its Cocoa Processing Plant in Singapore on 25 September 2006 With the compliments of SINGAPORE HONG KONG Clariden Bank Singapore PKF Accountants business advisers JURONG International Platinum Securities Lovells Lee Lee75 words
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Advertisement123 2006-09-25 7 I 1 < A\'' 1 FORTIS Fortis, Outstanding Business Private Bank 2006. On September 13th, Fortis has received the Award "Outstanding Business Private Bank 2006" during the 16th Private Banker International Wealth Conference in Singapore. "Fortis impressed the judges for the way in which it has harnessed investment banking, corporate123 words
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VIEWS FROM THE TOP
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Article, Illustration4573 2006-09-25 8 THIS WEEK'S TOPIC Are the IMF forecasts in line with what you observe in your industry within Singapore and globally? Does this change your expectations of growth within your own area of business? THE International Monetary Fund has projected a higher rate of GDPAP - 4,573 words
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Advertisement75 2006-09-25 9 BTCEOse-Oub Members of the BT CEOs e-Club are Singapore's top corporate leaders whom BT editors would like to interact with in an atmosphere of informality and trust This 'dub' is a virtual one, with interaction mainly via e-mail Each week, we will invite comments from these top executives on various75 words
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SINGAPORE NEWS
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Article, Illustration419 2006-09-25 10 CLARENCE MICHAEL - FOCUS ON MIDDLE EAST Many have reserved plots at Dubai Logistics City By CLARENCE MICHAEL in Dubai SEVERAL Singapore companies have reserved plots at the Dubai Logistics City (DLC), which is part of the US$33 billion Dubai World Central set to be the world's419 words
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Article, Illustration524 2006-09-25 10 SIOW LI SEN - By SIOW LI SEN A LOT of the Middle East wealth is being reinvested at home as the region builds up its infrastructure and that is certainly so for Qatar, says Andy Stevens, chief executive of Commercialbank, Qatar's second largest private524 words
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Article276 2006-09-25 10 DATE/ TIME EVENT VENUE 25 Sep INCOTERMS in Furama Riverfront 9.00am International Trade Hotel organised by SMa Centre for Corporate Learning, Singapore Manufacturers' Federation 25 Sep ISEAS Seminar ISEAS Seminar Room 10.30am Constitution in Crisis: 2,30 Heng Mui Keng The 1997's People's Terrace, Pasir Panjang Constitution in Thailand276 words
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Advertisement87 2006-09-25 10 'I' i -sr |i:| A multi-million epic musical I Music by renowned Chinese composer San Bao Staged continuously over 300 times in China '"flw A IJ i A record in the history of Chinese musical productions jMfjjf m Premiere outside China W a("/ r tf /> M Cf a spectacular87 words
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DINING OUT
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Article, Illustration1220 2006-09-25 11 This week's dining experience becomes somewhat elevated with cuisine being served above ground level CHEFS WITH ALTITUDE 2006 Equinox Complex Level from Sept 23-30. 70, Swissotel The Stamford. Tel: 6837 3322 THE annual Chefs with Altitude event takes the appetite for fine dining literally to the heights,1,220 words
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Advertisement65 2006-09-25 11 I Diners Club Card «r64i***** A. World of Exclusive Privileges Treats /a~|Diners Club SW www.dmers.com.sg International Place your AGM and EGM notices in our newspapers. Call 1800 289 8822 or email notices@sph.com.sq. Casa Mediteranea Restaurant Bar 83 Duxton Road, Tel: 6221 8485 Up to 20% off total bill with a65 words
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Advertisement96 2006-09-25 11 Amhoi Amhoi, C SedapSekali l 2} September 9 Octohcr 2006 -§g-|§| India's first truly International-class wines..." Wine Spectator SULA VINEYARDS CZln Qem proudly serve Jat r MIKCHI —nth*. Mlrchl Taata of India 8 Raffles Ave #02-23 Baplanade Mali Tel: *****590 4? Imported by 40 Holland Grove Rd. Tel: *****053 fl96 words
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Advertisement26 2006-09-25 11 The Wine Hut The Quayside #01-16, Tel: 6836 6445 Up to 15% off total bill Only when you charge to your Diners Club Card. T&C Apply.26 words
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BT-CITIBANK YOUNG INVESTORS' FORUM
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Article, Illustration806 2006-09-25 12 CHEW XIANG - CHEW XIANG looks at exchange traded funds and the risks involved in trading them CHEW XIANG AN exchange traded fund (ETF) is, as its name suggests, a fund that is traded on a stock exchange. These funds usually hold a basket of shares that track806 words
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Article, Illustration882 2006-09-25 12 CRYSTAL NEO - CAMPUS LIFE By CRYSTAL NEO FOR these 10 cyclists, Paris was more than just a romantic city; it symbolised the completion of their three-week-long cycling expedition in France. To emulate the famous Tour De France road bicycle race, a group of Singapore Management University882 words
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Article, Illustration98 2006-09-25 12 KRANJI Secondary School teacher Joseph Sim shows Minister of State for Education Lui Tuck Yew and Catherine Weir. Citigroup country officer for Singapore, his students' groundbreaking siphonic cavitation system to reduce water pollution. One of the several ingenious ideas conceptualised and developed into actual application by students98 words
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Article213 2006-09-25 12 NANYANG Technological University (NTU) Investment Interactive Club is taking a further step towards realising its vision of a "knowledgeable investing student population". This time, the club is looking at setting up a virtual investment fund. It will collaborate with corporate sponsors to allow students to213 words
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Advertisement47 2006-09-25 12 crfr bank The Business Times-Citibank Young Investors' Forum is published every Monday in The Business Times. It aims to raise the financial awareness of university and polytechnic students and cultivate a better understanding of business issues. The series is part of BT and Citibank's tertiary outreach programme.47 words
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ECONOMY WATCH
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573 2006-09-25 13 Economists cite inflation, uncertain interest rates situation, softer labour market Reuters [WASHINGTON] The US economy, socked by lofty oil prices and a slowing housing market, will likely be in a holding pattern for the next few years with sluggish growth and some soft-, nessReuters - 573 words
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Article, Illustration373 2006-09-25 13 He may form a bloc with fellow hawk Dr Lacker: sources Reuters [CHICAGO] The Federal Reserve's policy-setting panel could have a more hawkish look next month, but weak economic data may well trump any shift in the US central bank's voting lineReuters; BLOOMBERG - 373 words
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280 2006-09-25 13 Reuters [WASHINGTON] A Republican bill to extend trade benefits for developing countries would knock key industries in Brazil, India and other countries out of the programme, development groups said on Friday. Oxfam America said it welcomed the bill introduced in the US House ofReuters - 280 words
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Advertisement335 2006-09-25 13 If you are facing any of the following: You need to keep your payroll absolutely confidential. Your payroll staff are bogged down, and are bored with the routine of rushing payroll every month, and there is limited room for staff development for payroll processing functions. You or your payroll staff335 words
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MALAYSIA
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229 2006-09-25 14 Reuters [KUALA LUMPUR] Malaysia's Sime Engineering Bhd plans to acquire oil services firm Ramunia Holdings Bhd in a deal worth about RM7SO million (***** million), The Star newspaper reported last Saturday. Sime's board will meet early this week to discuss the plan to acquireReuters - 229 words
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113 2006-09-25 14 AP [KUALA LUMPUR] Malaysia is waiting for a new government to take power in Thailand so both countries can hold talks on a sensitive dispute over car import tariffs, Malaysia's trade minister said. South-east Asia's two major car hubs have been tryingAP - 113 words
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Article, Illustration709 2006-09-25 14 PAULINE NG - MALAYSIA INSIGHT Authorities need to curb rising crime fast lest it turns off investors PAULINE NG KL Correspondent OFTEN, Singaporeans visiting Kuala Lumpur will ask whether it's safe to walk around the capital city. The high incidence of snatch theft and muggings709 words
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Article, Illustration452 2006-09-25 14 AFP [KUALA LUMPUR] An alliance plan between carmaker Proton and France's PSA Peugeot-Citroen may help turn around the troubled Malaysian carmaker, but analysts warn the issue of control remains sensitive. The two car manufacturers recently signed a letter of intent to evaluate andAFP - 452 words
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Page 14 Advertisements
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Advertisement271 2006-09-25 14 Attract, Motivate, Organize Not only IT, but most businesses today are knowledge businesses and success is largely talent driven. However, organizations often struggle to develop and implement a holistic human capital management strategy that could be a source of competitive advantage. The widely acclaimed People Capability Maturity Model* (People CMM*)271 words
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SIAS INVESTORS' CHOICE AWARDS
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Article, Illustration1074 2006-09-25 15 R SIVANITHY - R SIVANITHY offers a wish-list to improve Singapore's governance landscape and aid the small investor R SIVANITHY IT'S fair to say that the task of improving corporate governance should not be confined to the regulatory authorities it should be the responsibility of everyoneREUTERS - 1,074 words
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Article1862 2006-09-25 16 MAK YUEN TEEN - MAK YUEN TEEN explains how winners of the corporate governance awards were picked and highlights some major findings thrown up MAK YUEN TEEN THIS article describes the selection process for the Singapore Corporate Governance Awards and highlights some major findings from the awards. Since the inception of1,862 words
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Article, Illustration856 2006-09-25 20 MICHELLE QUAH - MICHELLE QUAH looks at the functions of a lead independent director and why one is needed MICHELLE QUAH THE long-established practice of appointing a lead independent director to a company's board is still much misunderstood. There remains a considerable degree of confusion among Singapore companies and theirJOHN HENG; Source: Singapore Board of Directors Survey 2005 - 856 words
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Article, Illustration1017 2006-09-25 21 WONG WEI KONG - Given that a company's fortunes are tied to the stewardship of the head honcho, CEO succession planning is essential to a solid and productive future, says WONG WEI KONG WONG WEI KONG RECENT developments at Neptune Orient Lines (NOL) and Singapore Telecommunications (Sing Tel) twoFILE PHOTO; AFP - 1,017 words
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Advertisement119 2006-09-25 15 A r fln I *\9nK&KEkt- f mk 1 6 I "^jgIBfiKKKBBBHMBHHBI M ?r :^%*-^^^R:; :1 1 1 i ff 9HRf ilSSfflsl^ fl- '^HHBHH II -<■ > lilßlliHHlHi Hfr i 9 '■'jI^nSHHHH^^^I^HB aiao f ***** <||J^HIHHHHH&^H| k wiw T > m v v? 9 9H^HHHI ■K' S«™. N«—». s»»«oo Gmunmm MMflw119 words
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Advertisement278 2006-09-25 16 SEE WORTHY. rrfrf 1 v «****W''- H> i^|jtt^ i, c ».^4, r ?-.y.-* j--ai tiii .....*■<?'■ •"••'•■T'k- ■>. BfIHR! *MaMfIHBMHHHMMWNNNMMIMPMMr WW PIPRMnMM^^WHI"! 1 11 'pu i WgF J *9 r ••> jS r Bhl v i w* I 9HHH BP* OUR TRANSPARENCY THAT COMPELS A CLOSER LOOK. Today there's a278 words
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Advertisement335 2006-09-25 17 •"*****1.; i- Choice siAS Congratulates Winners of Sias Most Transparent Award 2006 Towards Excellence In Corporate Governance Transparency W* 1 W (2003 to 2005) (2001 to 2002) W f). Sing Tel O &r n0,09 es C&H3 Corporation Multi-Industry Conglomerates: Sesdaq: f Winner RunnertJp Winner Runner-Ups EjfTEl Corporation gf AZtgCjj -0-Non-Electronics335 words
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SIAS AWARDS
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Article, Illustration922 2006-09-25 18 SAMUEL EE - SMRT chief Saw Phaik Hwa tells SAMUEL EE why good governance is like an ongoing journey SAMUEL EE IT should come as no surprise that public transport operator SMRT Corporation likens good governance to a journey one that is ongoing and which requires constant reviewFILE PHOTO - 922 words
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Advertisement289 2006-09-25 18 TRANSPARENT^OM^ANY iNvis^yg|i^ effo^ S and nom nat n9 US wf^ WE ARE THAT TRANSPARENT..... Thomson Medical Centre is proud to be a WINNER, MOST TRANSPARENT COMPANY AWARD (SESDAQ CATEGORY) 7th SIAS Investors' Choice Awards 2006 A heartfelt thank you to all who have nominated us we are today a leading289 words
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Advertisement156 2006-09-25 19 I VIHr J 1 W r ftik ViiuHkl MMMBaK Core of Excellence SembCorp Marine delivers a full spectrum of integrated marine engineering solutions to a worldwide clientele. As key yards within the Group, Jurong Shipyard, Sembawang Shipyard, SMOE, PPL Shipyard and Jurong SML integrate both expertise and experience to provide156 words
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Advertisement96 2006-09-25 20 AWARD Best in transpajftwacy across all categories Winner Excelling beyond form With our operations spanning 30 countries, Keppel's sights are firmly set on building value for stakeholders. We forge strong win-win relationships in our various markets from ASEAN to Brazil, and from the Caspian to China. These awards are a96 words
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Advertisement94 2006-09-25 21 ppl** -2.. 4 kr.?. ;< "9B >riEl•**#.• •>* HnHK#!' <•-; >*4 *s'-'# V^<BBP wrfe** \fl|| ■'*1 v fe ;V S ..'r^' J ''^l: "V r '> J* t- r Svr" IK i<; *'^H8P j '.'irT"-'- ixswfa'rviHH snnß i m Hi JNQSRRBrI mBSKHnk H B lIHB jMfj P| iBBiiMBHP iiJJPBiyBr mwSßmSaxt94 words
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Advertisement157 2006-09-25 22 v '.fWBBBIfT U* 4j6k3£. fl ,v > fy| 'm-Jfl ~*yKm y--.*aet<g lBtfmTWf(iiß l^iP: Hhl^^^HHP^'-*■,■■ -^jsas •HBBy .-~•&&.< S; pp^ r m i I ip* A jlr(6 l i i v vTSftt' L.^rß- •yT y% rJ- n-at^»js. liH y\T THE 7TH fiMVIESTORS g: M-# r A i **%v& *v £<5\- 3/.157 words
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GREATER CHINA/INDIA
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Article, Illustration496 2006-09-25 23 A revision will let overseas-invested firms to borrow more abroad Bloomberg [BEIJING] China's foreignexchange regulator is considering revising rules to let overseas-invested companies borrow more abroad, in what may mark a relaxation of controls aimed at preventing speculation on an appreciating yuan. TheBloomberg; REUTERS FILE PHOTO - 496 words
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381 2006-09-25 23 Overseas firms aim to enhance their brand, up revenue Bloomberg [BEIJING] Overseas lenders have invested a combined US$l7.9 billion in 18 Chinese banks as at the end of June, according to the nation's central bank governor Zhou Xiaochuan. The People's Bank of ChinaBloomberg - 381 words
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644 2006-09-25 23 SIDDHARTH SRIVASTAVA - In latest tie-up, Sinopec, ONGC eye Iran project By SIDDHARTH SRIVASTAVA in New Delhi HAVE India and China developed new synergy to acquire overseas energy assets? Such teamwork seems to be increasing. China Petrochemical Corp, better known as Sinopec Group, is reported to be644 words
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Article, Illustration340 2006-09-25 23 Bloomberg [HONG KONG] Francis Leung said he'll provide details about a group he's assembling to buy part of Hong Kong-based PCCW Ltd, Hong Kong's biggest phone company, before stakeholders vote on the transaction. Mr Leung, a former Citigroup Inc banker,Bloomberg - 340 words
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Article260 2006-09-25 23 Reuters. Bloomberg [NEW DELHI/MUMBAI] Reliance Industries Ltd, which owns the world's third-largest refinery, said it has discovered gas at the Krishna Godavari exploration area off India's east coast. Reliance has notified the government of the new find, the company said in an e-mail statementReuters.; Bloomberg - 260 words
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Advertisement9 2006-09-25 23 |HR S Hk IIM ■IMwlk. K» .^■l^^C^^*'*" «ss»?l3 ill9 words
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Advertisement503 2006-09-25 23 Jot k >ATci NOTICES In the Matter of The Companies Act, Cap. SO and In the Mcjtter of AUGUST CAPITAL PTE. LTD. Company No: *****J778R Notice of Resolutions for Members' Voluntary WlndingUp (Pursuant to Section 290) At the Extraordinary General Meeting of the members of AUGUST CAPITAL PTE LTD. duly503 words
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Advertisement858 2006-09-25 23 NOTICES IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 SPENCER (S) PTE LTD COMPANY REGISTRATION NO. *****6066G (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the Company convened and held at 10 Collyer Quay #21-01 Ocean Building Singapore (*****5) on the IST day of September 2006, the858 words
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ASIA-PACIFIC/WORLD
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862 2006-09-25 24 ANDREW MARKS - WALL STREET INSIGHT Will reversal in sentiment continue this week? By ANDREW MARKS in New York Maybe it was a case of just too much good news last week. With the Federal Reserve seemingly taking itself out of the picture for the time being, economic862 words
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Article, Illustration390 2006-09-25 24 COUP AND AFTER [BANGKOK] Just days after the Thai military seized power in Bangkok, the city was back in business and stores were full of shoppers. But shopkeepers say few people are buying, and analysts warn that consumer spending could dip as Thais put offAFP - 390 words
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491 2006-09-25 24 Reuters, AFP I BANGKOK/WASHINGTON] Thailand's military coup puts paid, for the time being at least, to the country's ambitions under Thaksin Shinawatra to play a more assertive role on the regional and international stage. Surfing the wave of confidence that cameReuters,; AFP - 491 words
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407 2006-09-25 24 [LONDON] The London Stock Exchange (LSE) and leap, the world's biggest in-ter-dealer broker, have held detailed talks about merging to create one of the most powerful trading platforms in the world, London's Sunday Times reported. The talks, held over several weeks during407 words
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Article3028 2006-09-25 24 Transaction date: Sep 22 For a full listing of the dosing prices, log on to BT Online at http://business-times.asia1.com.sg after 11.30pm every trading day HONG KONG Vol Datang Intnl Power Gene ...5.39 -0.04 4906 HKS '000 Denway Motors 2.82 0.02 ***** Digital China 391 433 1134 Aeon Credit3,028 words
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AVIATION
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572 2006-09-25 25 The no-frills carrier blames new route costs, fierce competition AFP [NEW DELHI] India's biggest low-cost airline Air Deccan announced a US$74-million loss for the 15-month period ended in June, hit by costs of new routes and cut-throat competition, but forecast onAFP - 572 words
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Article, Illustration826 2006-09-25 25 AFP [BANGKOK] The city's new international airport opens on Thursday, and tourism officials hope the stunning glass and steel building will quickly overshadow images of tanks still stationed around the capital after last week's coup. Called Suvarnabhumi, or "Golden Land" in Thai, theAFP - 826 words
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449 2006-09-25 25 AFP [BANGKOK] Flag carrier Thai Airways International has pinned its hopes on a successful transition to Bangkok's new airport, aiming to cement its rebound from a disastrous 2005 after the Indian Ocean tsunami. The airline has already invested US$4OO million in its facilitiesAFP - 449 words
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387 2006-09-25 25 Improved airspace and a third runway essential: IATA Bloomberg [HONG KONG] The city, which has Asia's thirdbusiest airport by passenger numbers, needs a new runway to meet growth in travel demand, the International Air Transport Association (lATA) said. TheBloomberg - 387 words
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Advertisement23 2006-09-25 25 jßfcj. I W* drive home with a Lianhe Zaobao I Elljpsil is now the I KJaer probe card| I maker after various I23 words
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Page 25 Miscellaneous
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Miscellaneous163 2006-09-25 25 CRYPTIC CROSSWORD trace? (8) 28 Sprinted before vault-almost 8 Doctor's back clutching YESTERDAY'S SOLUTION uncontrolled (6) heart, right (9) Across: 1 Caterpillar, 9 Parasites, DOWN 14 Bush? Occupier's after power 10 Owing, 11 Insure, 12 Apparent, 2 Lager with no head? That is (9) 13 Elixir, 15 Asperity, 18 Donation,163 words
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SHIPPING
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Article, Illustration723 2006-09-25 26 GEORGE JOSEPH - It will include 'parallel' World Maritime Day with IMO celebration By GEORGE JOSEPH SINGAPORE will this week see what probably is the biggest showcase of its ability to host the world's most important maritime events on its shores. This year's line-up ofFILE PHOTO - 723 words
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386 2006-09-25 26 AP [AMSTERDAM] The Dutch ship that unloaded chemical waste blamed for the deaths of seven people in Ivory Coast was a "floating refinery", newspaper De Volkskrant reported on Saturday. The paper cited "detailed evidence in the possession of prosecutors" that the ship'sAP - 386 words
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240 2006-09-25 26 Reuters [LOS ANGELES] California Governor Arnold Schwarzenegger vetoed a bill on Friday that would have taxed shipping containers entering and leaving the ports of Los Angeles and Long Beach, a move welcomed by retailers who warned that a tax would have resulted in higherReuters - 240 words
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Advertisement222 2006-09-25 26 NORDIC MARITIME PTE LTD NEGOTIATED USD 350 MILLION ORDERS WITH TEBMA SHIPYARDS-INDIA Nordic Maritime Pte Ltd, a Singapore based Norwegian Company, has secured building slots for 2008/2009 at Tebma shipyard Malpe, India. 9 vessels have been sold to 3 Norwegian ship owners with options of 4 more to a estimated222 words
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MARITIME WEEK 2006 SPOTLIGHT
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Article, Illustration794 2006-09-25 27 Expanding its Registry of Ships and promoting int'l training are two significant ways BEING at the crossroads of the two largest oceans, it is natural that Singapore should build itself into a maritime centre. That has been the ambition of the MaritimeFILE PHOTO - 794 words
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386 2006-09-25 27 ONE of the major topics that will be discussed at the World Maritime Day Parallel Event Forum will be the issue of manpower development. Delivering a presentation of the topic will be BG (NS) Tay Lim Heng, chief executive, Maritime and Port386 words
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Article, Illustration561 2006-09-25 27 SURENDREN APPAROO - All reports by SURENDREN APPAROO AT the threshold of the new millennium, several key challenges facing humanity were identified at the Millennium Summit by the General Assembly of the United Nations. The secretary-general of the International Maritime Organization (IMO), Efthimios Mitropoulos, was presentFILE PHOTO - 561 words
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Advertisement49 2006-09-25 27 MPA SINGAPORE This series is brought to you by the Maritime and Port Authority of Singapore v Organised by l'|S| Seatrade SUtfS Gold Sponsor Sponsors MHV Supporters Jefferies $ABS ®S mm Wi IBS Jt SHif centric' 88 The standard wARmA &psa 88 Rnni A <§= SinOAPORE AiRunES 1'M..,.. TWWwW;rmifca .1...—.,49 words
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Advertisement175 2006-09-25 27 f TttffTflfOQi Trrt mtirnittiieir' Cuiiuhill L 11th Unnumn mitrnitlTnJ *****tt-ffW«# Exhibition en Mint Vteter Bunkering Conference (StSCON ShangrHa Hotel MOMgeaent OCMM2OO6) 2006) Lmmchef StuM KlCtabOfflce 0900hrs-ff3ohrt» taffies Town Club OfiOOhrs T7lshrs Shangri-La Hotel ta Singapore ifp MOWmMMmMtewlMi Ttemtirt Internet hrr* T WOtesO Marina Mandarin NraMEveatftnmi ftadhgAssociation(WisiM.' iMUßßßflfflf Q3ohrs WOhrs FuHerton175 words
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Article11187 2006-09-25 28 STRAITS TIMES INDEX STOCKS Skx* MOM wt Oom Stodk mm Wt Oca* Chang* Slodi mim W< Oom r>n»i ADgrwn 0.33 1 500 -0.010 Hyfhu 0.37 2380 0 020 STEngg 171 2 TOO -0010 Ajg-ndarett 1 08 2 180 JMM 3.18 ***** -0.100 STATVChP 082 MB -001S 811 mtl11,187 words
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Article6155 2006-09-25 29 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In local curr In S$ In US$ dy yr *dy yr dy *yr Sep 22 Index Change Change Change Change Change Change World Index Preliminary J010.5 -0.7 4.2 -03 2.5 -0.5 7.6 »EAFEPre«minaiy 1013.3 -1.0 4.1 -0.4 5.8 -0.6 11.0 Europe Piekminaty 1371.76,155 words
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Page 30 Advertisements
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Advertisement1543 2006-09-25 30 UK CONTINENT SERVICE U.S.A SERVICE Destination Destination MARITIME PEACE RDM/ATW/BMNALB/NAN HANJIN PENANG LAX/VCW/MZL STX PO TBN CAM/NFK/NOL/SAV Loads Singapore, E./W. Malaysia, Indonesia A Loads E./W. Malaysia, Indonesia MIDDLE-EAST MRVICE F.EJS.EJk. SERVICE Destination ASEAN PREMIER DBI/ABU/DOH/BRN/DMM/KWT Destination BEL ANNA DBI/ABU/DOH/BRN/DMM/KWT GLENGO INC/BSN ADDU STAR JDH/AQA Loads Singapore, E./W. Malaysia, Indonesia Loads1,543 words
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Advertisement542 2006-09-25 30 lIWTWASIAMIIWSWVia VKSa/VOT jgjji HBGHTO) KG KOj LCI SM JKT OtOflD EXMtESS 77 SO 4.5 05/10 10/10 OKHID EXPKSS 79 50 4.5 21/10 30/10 OtOtiD EXPKESS 74 50 4.5 1 29/10 03/10 9BM>vw%m j vtssa/voT tAMppti) wghhw) m aT m sw> m mm in |sw u DKSDfII/54 100 5.0 0303/04 1717/09542 words
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Advertisement2421 2006-09-25 31 WAN HAI INTERNATIONAL PTE LTD aho luttttoooo/t WAN HAI LINES 200 V^M n nil llnl blllL V no. TBj (03) 3346 MM FAX. (03) 5342T2M rBl HL (04) 22*5900 FAX; (04)2W*»91 V JOHI* 07) *****23 HUL (07W1W21 SUI IS; (031) 32V5475 FAJL (031)32*1714/*****05 www wanhai ram co *11* 1021) S2J4IM2,421 words
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Advertisement21 2006-09-25 31 PLACE YOUR AD HERE The Business Times Shipping Times CALL MICHAEL CHNG AT 9862 9865 OR BERNARD ONG AT 9675 000221 words
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Advertisement799 2006-09-25 31 m a WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICQ POINTS VtSSfl VOT SIN PJOAMG COtOWtO It St€V* COKXOO mimi* muma. mi 2<sep vw oioa INDIKA GANDHI OIO7W 26 SEP ?7 SEP 30 SEP 03 OCT 07 OCT LAL IAHAOUt OIO6E 24 SEP 30 SEP tAJW6AWOHI799 words
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Advertisement808 2006-09-25 32 mNordana (Asia) Pte Ltd 70 SUitow Way, *21-03 Marteo Ho«s« *****8 NORTH WEST EXPRESS LINE MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS DATES ME ARRIVAL DATES W* Sh—ort Frt—tfe I Smlsß Christ—s lsh»d btodbans mi 1 X 13 to life I JsWJhbs m I mm Mte I 7 oct ?4Qci808 words
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Advertisement613 2006-09-25 32 ALMUAYAi fKWTAM MM Vj¥) «F=qF=lF=iF BjSB =^=K==E= Htm> ItflM H/M H/W Htwm g ***** ***** "TKTOHT FH3BS M/M M/M hBu«*A §769 m7W 111. J...1.1..^S rßzs™ S in S'iir* ffiil W VKSa VOT SM rAStCUOAIW CHTTA6OII6 l! ii I^SnlS^!^ tt t wl^.|^|^.|^l^.|^| tt i-arj Vtr Hgj *i «j I fAC WMASSiH613 words
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Advertisement477 2006-09-25 32 CONVENTIONAL SERVICE ETA SIN LOADING FOR 30 SEP DUBAI, DAMMAM 03 OCT CHENNAI 05 OCT MALE, COLOMBO 15 OCT BOMBAY. CHTTTAGONG Hail glory na'vigation group! I SWO 1970 I OWNS it OPERATES THE YOUNGEST FLEET WITH FOURTEEN 7,000 DWT TWEEN DECKERS COVERING I THE ENTIRE ASIA PACIFIC PORTS m REGULAR477 words
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THE BUSINESS TIMES SHIPPING TIMES
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6651 2006-09-25 33 Tjis ETA ETA Advartfcar VmmI Voyag* Telephone HA ETA Advertiser Vessel Voyage Telephone SIN D«sfn Name Name Number Number SIN Desfn Name Name Number Number 29/10 06/11 PTDjakarta ANL ESPRIT 031S *****202 To ABIDJAN (ABJ) 2003 Cote D'lvoire 02/11 15/11 Austral AL CAPE HASTINGS6,651 words
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BizIT
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Article, Illustration980 2006-09-25 34 AMIT ROY CHOUDHURY - It aims to get 50% of revenue from abroad within 8 years By AMIT ROY CHOUDHURY LOCAL IT services major NCS is looking to expand its overseas operations over the next few years, with the US and UK as well as980 words
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Article, Illustration857 2006-09-25 34 ROLAND LIM - <cool stuff> By ROLAND LIM FIRST unveiled almost a year ago, Sony Ericsson's latest P99oi looked like the muchanticipated do-it-all smartphone that power users crave for. With 3G, Wi-fi, Bluetooth, a 2-megapixel auto-focus camera with flash and the latest Symbian 9.1 operating system,FILE PHOTO - 857 words
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Article, Illustration472 2006-09-25 35 ROLAND LIM - It is targetting sales in this new segment to hit US$85m by 2010 By ROLAND LIM CANON Singapore announced its entrance into the commercial printing and graphics art market last week with two models from its new line of "imagePRESS" production printers,472 words
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<what's new>
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Article, Illustration84 2006-09-25 35 SAMSUNG has launched the SGH-Z4OO, its new 3G slider phone boasting of a thickness of merely 19.2 mm. Despite its small size, the phone packs a host of multimedia and connectivity functions. These include an integrated 2 megapixel camera, music player and support for mobile printing.84 words
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91 2006-09-25 35 SINGNET has launched Ethernet-Lite, a new commercial broadband service which allows companies to enjoy higher-speed access at the same prices they are paying for their lower-end plans. By paying the current subscription rate for SingNet's 2Mbps Ethernet connection, customers will have Internet91 words
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104 2006-09-25 35 MITSUBISHI has taken the wraps off the HCSOOO, one of the world's first 1080P high-definition (HD) home cinema projectors. The product •promises the ability to reproduce full 1920x1080 dot resolution for screening HD-quality TV shows and movies. It is powered by a new Reon VX104 words
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101 2006-09-25 35 PINNACLE Systems has launched the latest version of its video-editing suite featuring support for Microsoft's Windows Vista operating system and a host of other enhancements. Version 10.6 of the Pinnacle Studio family of products promises to make it easier for users to create high-definition101 words
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124 2006-09-25 35 CONSUMERS with selected Motorola phones can now receive complimentary content like financial news and sports updates on the fly, thanks to a new service launched by the handset maker and local operator Ml. Users can visit Motorola's service centre or its website124 words
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Article, Illustration96 2006-09-25 35 WINSTON CHAI - Compiled by WINSTON CHAI LENOVO has introduced the NlOO, its Lenovo-brand notebook incorporating Intel's CoreTM2 Duo chip. Besides a more powerful processor, the laptop features enhanced connectivity with support for MIMO (Multiple In/Multiple Out), an upcoming Wi-Fi standard promising higher speed data access.96 words
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175 2006-09-25 35 Reuters [LONDON] Consumers are leaving themselves open to online fraud, with half a million people admitting they would fall victim to scams such as "phishing", a report has revealed. People are still unaware of basic security measures when banking online, the research fromReuters - 175 words
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<what's up>
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90 2006-09-25 35 SINGAPORE'S Agency for Science, Technology and Research (A*STAR) has teamed up with computer giant Hewlett-Packard (HP) to develop technolbgies for multimedia transmission. Under the pact, researchers from HP Labs and A*STAR's research institute will work on technical requirements to enable rich multimedia content to90 words
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77 2006-09-25 35 MOBILE applications developer Bubble Motion has secured US$10 million in funding from venture capitalist Sequoia Capital US and India. According to the Singapore-based firm, it will use the money to strengthen the research and development efforts for its flagship product BubbleTalk, a tool which77 words
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98 2006-09-25 35 ERNST and Young will conduct a workshop called "Auditing SAP Business Process Configuration Controls Testing" at its office from Oct 11-13. The three-day training aims to provide participants with insight on the configurations in SAP's business software packages. Specifically, it will examine how the98 words
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Article72 2006-09-25 35 HU Yoshida, the chief technology officer of Hitachi Data Systems, will be sharing his insights on the latest storage trends at a seminar on Oct 3. Specifically, he will provide some proven approaches to help companies better manage and use their existing storage systems. The72 words
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65 2006-09-25 35 WINSTON CHAI - Complied by WINSTON CHAI SINGAPORE-BASED IT services major Datacraft has won a US$4.2 million IT contract with a Malaysian bank. Under the five-year deal, Datacraft will upgrade and provide support for the bank's automated teller machines (ATMs) in the country. In addition, the company will65 words
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Advertisement21 2006-09-25 34 r»tt i om/.yourwoTld/l>usinrsstntii»s :CORDING TO"* hHh «f inteli|qent I tikufjlss wjtchj^B < M •l^gjSy^tf» f> M.llvl > i.-.'u'Ui. hou I'yiunn^N^twoikmii i>m ,„,v,,.,. at&t21 words
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Advertisement11 2006-09-25 34 STRATEGY Canon unveils aggressive plans for the commercial press market PAGE3S11 words
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Advertisement108 2006-09-25 35 j-~ ■ii'-.jn;' -l. 1 11 1 I I E I --.4, I S m I I j I B I y x mm wtt I There are many things your portal should be. This isn't one of them. Portal success doesn't end with just building one. You'll also need an108 words
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BIZIT FOCUS: VISION FOR INNOVATION
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Article, Illustration800 2006-09-25 36 WINSTON CHAI - Over 90% of submissions from small and medium infocomm firms By WINSTON CHAI THE biennial National Infocomm Awards (NIA), viewed by industry professionals to be the "Oscars" of the local technology sector, are now back for their third run. This time round, organisers say the bar has800 words
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Article, Illustration534 2006-09-25 36 WINSTON CHAI - By WINSTON CHAI IT'S a game of cops and robbers with malicious hackers pulling out all the stops to find new loopholes and businesses doing the same to counter their relentless onslaught. Seizing this business opportunity, e-Cop has made a $10 million534 words
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Article, Illustration706 2006-09-25 36 ROLAND LIM - By ROLAND LIM SINCE winning the 2004 National Infocomm Award for its entry in the Most Innovative Infocomm Product/Services category, ra-dio-frequency identification (RFID) solutions provider Savi Technology Pte Ltd has been busy transforming its award-winning solution into a US$5O million company. Lim Chee Kean, president of706 words
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Advertisement12 2006-09-25 36 The NIA is jointly organised by: iDA llnfoport Infocomm SINGAPORE Tthnology FidiroHow12 words
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Advertisement7 2006-09-25 36 CELEBRATING '.AF 1 years of INFOCOMM .W7 words