The Business Times, 27 November 2006

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Microfilm: NL27090
Total Pages: 32
1 32 The Business Times
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  • Title Section
    Lock icon Masthead
    20 1 THE BUSINESS TIMES online at htto*V/business-times.asial.com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION MICA (P) *****/2006 Monday, November 27,2006 SINGAPORE 85 cents
    20 words
  • Article, Illustration
    Lock icon Singapore firms face growing risks: KPMG survey
    701 1  -  By MICHELLE QUAH [SINGAPORE] Growing competition and an increasingly complex regulatory environment has increased the risk that companies here face, says a study by KPMG. And that has driven the need for better risk management among corporations here. KPMG's survey this year of
    Source: Singapore Risk Management Survey 2006, KPMG  -  701 words
  • Article
    Lock icon Speculators make a killing from Sentosa condos
    799 1  -  Sub-sales fetch profits of 7-35% for projects in Sentosa Cove, caveats show By KALPANA RASHIWALA [SINGAPORE] Property speculators are having a field day in Sentosa Cove, reaping profits of between 7 and 35 per cent from subsale deals in condominium developments there. One
    799 words
  • Article
    Lock icon MARKETS DIGEST
    133 1 MARKETS Week Chge STI .2814.81 +1.63 KLCOMP 1060.43—+19.64 NIKKEI 225. *****.60 -357.13 HANG SENG *****30 —+77.59 SET INDEX 723.87™ -10.05 JAKARTA COMP ...1717.73 —+45.62 MANILA COMP ....2817.84 -24.70 TAIPEI TAIEX 7427.36 ....+167.82 SEOUL COMP 1421.73 +9.51 SHENZHEN B 359.79. +4.34 AUSTALLORD 5431.40—+39.90 DOW JONES *****.17 -62.39 NASDAQ -2460.26—+14.40
    133 words
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  • TOP STORIES
    • Article, Illustration
      Lock icon Sub-sales of S'pore condos surge 69% in Q3
      997 2  -  Number of deals highest since 2001; median price rises 26% from Q2 By KALPANA RASHIWALA [SINGAPORE] The number of sub-sale deals for private apartments and condos often used as a gauge of speculation in the real estate market hit 233 in Q3
      Source: URA Reales, DTZ Research  -  997 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      496 2 Citibank S'pore aims to grow SME biz by 40% CITIBANK Singapore plans to grow its small and medium-sized enterprise banking business by at least 40 per cent next year, up from a projected 35 per cent increase this year. The group is also looking to bump up its
      496 words
    • Article
      Lock icon S'pore, Riyadh to speed up double taxation talks
      430 2  -  PM LEE'S VISIT TO SAUDI ARABIA FTA negotiations between Republic, GCC to start in Jan By CHUANG PECK MING in Riyadh SINGAPORE and Saudi Arabia have agreed to speed up talks to expand an existing treaty on double taxation avoidance be- tween
      430 words
    • Article, Illustration
      Lock icon Stanchart takes its priority banking in Singapore up a notch
      655 3  -  By WONG WEI KONG [SINGAPORE] With helicopter rides and test drives in expensive sports cars, Standard Chartered Bank is revving up its priority banking service to attract more high-net-worth customers. Stanchart, which has around 20,000 priority banking customers in Singapore,
      655 words
    • Article
      Lock icon Citibank S'pore aims to grow SME biz by 40%
      657 3  -  It's hiring more relationship managers to cope with growth By NANDE KHIN [SINGAPORE] Citibank Singapore aims to grow its small and medium-sized enterprise (SME) banking business at least 40 per cent next year. It is also looking to bump up its
      657 words
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      50 2 15 th Dec 06 Esplanade Concert Hall SpJP* f SssB Ss7B Ss9B /SsllB W J k Alt exclude SS2StSTK charge T t also tickets are available at all SISTIC SISTIC hotline: 6348 5555 uiuiui.slstic.com ~H I Concert Promoter. Otfcfcl Rj^WsP fAZCMACORP BIZ TRENDS media pte ltd StOHf Me 9*m Uum*>
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      375 2 >at^ NOTICES IN THE MATTER OF THE COMPANIES ACT (CAP. 50,1994 ED) AND IN THE MATTER OF ADVANCED ELASTOMER SYSTEMS MARKETING PTE LTD. (In Members' Voluntary UquldMlon) (Co. Reg. No. *****2156G) NOTICE OF FINAL MEETING notice is Hereby given that pursuant to Section 308 of the Companies Act (Cap. 50,1994
      375 words
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      8 2 people Roaming Asia-Pacific. Www thepeopleatwork.com Asia-Pacific Executive Search
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      117 3 BBM^B^BHBHBBB wLI .a wEf-I if W:: u 1111 v t illr n. .<mMPO» r jd£foo^ t A' c E i wfl ■Ik' J\ »9B T 'i iJi 11 J3P' Aa far V :v ik I Bel "spS.»■. I I HB tiHfc H h J® 4 ■f I bß9Sk%**" vy B|
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  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon GST hike... For better or for worse?
      3808 4 THIS WEEK'S TOPIC Do you agree that raising GST to 7 per cent is the best strategy for Singapore? How will this affect your business, and businesses in Singapore generally? IT IS ultimately a question of balancing revenue from both direct and indirect
      3,808 words
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  • Page 5 Advertisements
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      211 5 Mi JWiA L BT CEOs e-uub 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 tmst This dub' is a virtual one, with interaction mainly via e-mail. Each week, we will invite comments from
      211 words
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  • COMPANY NEWS
    • Article
      Lock icon Xpress seeks to part ways with Deloitte
      491 6  -  It cites auditor's refusal to endorse FY2006 financial statements By ROLAND LIM DISSATISFIED that its current auditor Deloitte Touche (Deloitte) will not sign off on its financial statements for the financial year ended July 31, 2006 despite additional input from an independent accountant,
      491 words
    • Article, Illustration
      Lock icon Can Hsu Fu Chi make it big back home?
      777 6  -  HOCK LOCK SIEW By MATTHEW PHAN IT'S auspiciously named, but will it be lucky in China, its main market? Hsu Fu Chi International Croup, a Chinese confectionary aiming for a Singapore listing, derives its name from three words: "Hsu", for the
      777 words
    • Article, Illustration
      Lock icon Analysts upbeat on drug, medical devices firms
      514 7  -  Sector's regulatory environment expected to improve By OH BOON PING ANALYSTS are seeing hidden values in the laggard pharmaceutical and medical device companies as they expect the regulatory environment for these firms to improve. In a report, OCBC Investment Research said that the
      514 words
    • Article
      Lock icon PCRD denies soliciting proxy votes
      152 7 PACIFIC Century Regional Developments Limited (PCRD) denied in a statement released over the weekend that it had solicited proxy votes to vote against its share sale to Fiorlatte Limited. "PCRD categorically denies assertions made in certain newspaper articles published yesterday (Friday) and today (Saturday) suggesting
      152 words
    • Article, Illustration
      Lock icon CWT's recent acquisition seen to boost earnings
      508 7  -  C&P Asia has guaranteed $11m profit for FY06/07 By WONG WEI KONG CWT Ltd's recent acquisition of a commodity logistics business from its parent is expected to bring a major earnings boost, especially when its full contributions kick-in in the next financial year.
      FILE PHOTO  -  508 words
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      88 6 UJS. Manufacturer Seeks Exclusive Distributor for SINGAPORE We are an industry leader in the environmental protection factory life extension industry, with some of the most advanced products in the world. We are looking for a highly talented and skilled business professional organization to become our exclusive stocking distributor for SINGAPORE
      88 words
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  • Page 7 Advertisements
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      576 7 Sponsored feature BANK IULIUS BAER counseling, tailor-made investment Bank Julius Baer, as the key company of VMriedKofmehl is supported by a motivated We endeavor to s^ J solutions, as well as excelient service the Group, has a strong long-term debt team of veteran professionals that surpasses the boldest expectations M
      576 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon What are the chances of a year-end rally?
      631 8  -  STOCKS R SIVANITHY Senior Correspondent IF YOU were to try and make a "guesstimate" of whether there will be a year-end rally, what would your bet be? On the one hand, it'd be difficult to escape the conditioning the market has enjoyed
      631 words
    • Article
      Lock icon Asian currencies rise against sliding greenback
      197 8 AFP [HONG KONG] Asian currencies rose against the US dollar, which slid worldwide over concerns about the prospects for US economic growth. Japanese yen: The yen rose over last week in thin holiday trading, buoyed by speculation about possible rate hikes while concern about
      AFP  -  197 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      400 8 m ra r a Aooaolmewtat i 1M8 M4lm »*m >2-BK MMlUdyi Li* X^a tmtnOmKtn U> »Oa JKW JUtm MTQCorp 1 1J 3Wh A—fjfcn* f'MM ntm in* MkkoConW W_!«" M> nm Nrtoteirg f m AueroGm Uf 1M>W >Mw JMfc ItodOfUWl W ,w >«vcntq I M> mote 1«k OmgpNangrtion USSC
      400 words
    • Article
      Lock icon Metals hit highs; oil gains
      229 8 AFP [LONDON] The price of nickel and platinum hit historic highs last week, while other US dollar-sensitive metals such as gold, silver and copper also posted strong gains. After coming under pressure early in the week, oil prices also advanced, while commodities like sugar, coffee,
      AFP  -  229 words
    • Article, Illustration
      Lock icon BROKERS' RECOMMENDATIONS
      1778 8 Cowwwg No£f TvncMX MM* SSSSnSndrtwi S?* BS '1 mssss»(srt <—"*• Advanced Holdings 2.00 2.00 2 5.85 573 1-14 035 1 00 1 00 2 8 60 9 71 1.08 0.82 IS 9 M3 27.29 IS W8 *00 4J0 2 450 15.11 0^066 Allyeef Properties 2.33 Hi 1„ EurootronkOroup
      1,778 words
    • Article, Illustration
      Lock icon Top winners portfolio takes lead in gains
      1362 9  -  TEH HOOI LING Senior Correspondent Three of our portfolios chaiked up strong gains in a week which saw the blue chips holding firm, while many second liners were in play. The one-month top winners portfolio surged 9.1 per cent thanks, to a large
      1,362 words
    • Article, Illustration
      Lock icon Trading still brisk despite dip in transactions
      1123 9  -  INSIDE MARKETS Last week, 58 trades worth $127m took place on heavy selling from directors and substantial shareholders, writes ROBERT HALILI ROBERT HALILI TRADING by directors and substantial shareholders remained high last week with 58 trades worth $127 million, based on filings on
      1,123 words
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  • DINING OUT
    • Article, Illustration
      Lock icon Going casual
      1201 10 Brotzeit Vivo City, 1 Harbour Front Walk, #01-149-151. Tel: 6272-8815 THERE is an element of insatiable curiosity attached to the way in which hordes of visitors have been flocking to Vivo City since it first opened a few weeks ago it is similar to the way in which
      1,201 words
  • Page 10 Advertisements
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      Lock icon Page 10 Advertisements Column 1
      161 10 Song lIHI^WBbHHHBB^WSHB^PMP^BMHMM^WWMBMBK ■WmvAj M IWUj^HBk 33 Scotts Road Singapore *****6. Call 6836 0055 for reservations. i .1 I mnmrnm /:«K .shhk. l£|£H HB n ■> II m Hi pH imsm&mmi' I I H m I F StsOllM I I f I B _XJ__B I I JH H II I |^*y""Brwffpn|jMyy"Tl^^^—ft——|
      161 words
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      1158 10 i x ||T*-,; ill ini 111 TTTi1T1lfr*i1fW^ IN THE MATTER OF THE COMPANIES ACT (CAP. 50,1994 ED) AND IN THE MATTER OF FRESH LUSH HANDMADE COSMETICS PRIVATE LIMITED (In Members' Voluntary Liquidation) (Co. Reg. No. *****0490 C) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308
      1,158 words
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      250 10 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 ASCII ASIA PTE LTD (In Members' Voluntary Liquidation I NOTICE OF FINAL MEETING NOTICE is hereby given that pursuant to SecUon 308 of the Companies Act, Chapter 50, a Final Meeting of tbe Members of the abovenamed company will be held
      250 words
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  • SINGAPORE NEWS
    • Article
      Lock icon PM Lee, Saudi King discuss building stronger ties
      275 11  -  By CHUANG PECK MING in Riyadh GREATER economic cooperation and stronger ties between Singapore and Saudi Arabia were the order of the day when Prime Minister Lee Hsien Loong met with Saudi King Abdullah yesterday and prospects for both look good. "We
      275 words
    • Article, Illustration
      Lock icon Eighth Wonder unveils plans for marine zone
      443 11  -  It will boast the world's largest living coral reef By ROLAND LIM EIGHTH Wonder yesterday unveiled plans for a billion dollar marine-themed zone within its Sentosa Integrated Resort (IR), including proposals for the world's largest cultivated coral reef, and marine conservation facilities. Mark
      443 words
    • Article
      Lock icon Keppel donates $50,000 to ChildAid
      159 11 CONGLOMERATE Keppel Corporation is the latest gold category sponsor for the charity concert ChildAid 2006, with a contribution of $50,000. Chairman and chief executive of Keppel Offshore Marine, Choo Chiau Beng, said: "We have a great passion in nurturing the communities where we operate. This
      159 words
    • Article
      Lock icon Mandate use of energyefficient technology: WRI
      415 11  -  By MATTHEW PHAN SINGAPORE should mandate the use of energy-effi-cient technology in buildings and for the transport sector, and also consider using tax credits to encourage wider use of alternative energy sources, David Jhirad, vice-president of research at the World Resources Institute (WRI), told
      415 words
  • Page 11 Advertisements
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      213 11 EVENTS LISTING DATE/ TIME EVENT VENUE 27-28 Nov Pacific Conferences M Hotel 9.00 am Proving PR's Worth: Steering Measuring PR's Impact Workshop 27-29 Nov SGS International SGS- Furama Riverfront 9.00 am SO/T*****9 Internal Hotel Auditor Training 28-29 Nov Effective Outsource-EQ in Effective Outsource 9.00 am Customer Service Networks 29 Nov
      213 words
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      358 11 ANA's All-New Morning Flight to USA! $838! Fly ANA's daily morning flight from Singapore to USA (via Narita) and enjoy true value! Not only is transit time reduced dramatically, prices are slashed to give you an offer you just can't resist! Check out these exciting offers: Los Angeles Fr $838
      358 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon China's economy may expand up to 10.7% in '06: economist
      646 12 NBS GDP growth estimate exceeds World Bank's forecast of 10.4% Bloomberg [BEIJING] China's economy, the world's fourth-larg-est, may expand as much as 10.7 per cent in 2006, said Yao Jingyuan, chief economist at the National Bureau of Statistics (NBS) Gross
      Bloomberg; AP  -  646 words
    • Article
      Lock icon China official cautions on opening capital account
      408 12 Bloomberg [BEIJING] An official with China's currency regulator cautioned against being tempted by large trade surpluses to open up the capital account too quickly. Guan Tao, a deputy department head at the State Administration of Foreign Exchange, didn't directly say that he was
      Bloomberg  -  408 words
    • Article
      Lock icon Diversification talk enhances euro debt appeal
      433 12 Euro hits 19-month high with PBOC dollar fall warning Reuters [LONDON] Renewed talk of central banks diversifying their foreign currency reserves out of dollars should add to the longer-term appeal of euro-denominated bonds. People's Bank of China (PBOC) governor Zhou Xiaochuan said earlier this
      Reuters  -  433 words
    • Article
      Lock icon Non-Opec producers to pump more oil, says IEA
      475 12 New fields coming onstream may help ease Opec's burden in 2007 Reuters [LONDON] A rise in oil production from the Caspian, Africa and North America will ease the Organisation of the Petroleum Exporting Countries' (Opec) burden in meeting world oil demand in
      Reuters  -  475 words
    • Article
      Lock icon STOCKS ASIA
      2585 12 Transaction date: Nov 24 For a full listing of the closing prices, log on to BT Online at http://busmess-times.asial.com.sg after 11.30pm every trading day HONG KONG ><5 JS Digital China .....3.06 0.04 1493 Aeon Credit..- AOS und, 12 Dream md -0-j» °J>} 10 AeonStores A* 032 118 DynamKGtobal
      2,585 words
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  • AUSTCHAM SILVER JUBILEE
    • Article, Illustration
      Lock icon TIES THAT BIND
      733 13  -  The Free Trade Agreement that Australia and Singapore signed in 2003 has served to further strengthen trade and investment links between the two countries, reports MICHELLE QUAH MICHELLE QUAH TIES between Singapore and Australia have gone from strength to strength since both nations signed a Free Trade
      FILE PHOTO  -  733 words
    • Article, Illustration
      Lock icon Serving the Aussie business community
      658 14 The Australian Chamber of Commerce celebrates 25 fruitful years in S'pore FROM humble beginnings as an informal, monthly get-together of Australians working in Singapore, the Australian Chamber of Commerce (AustCham) has grown to become a major regional business organisation boasting more than 600 individual and
      658 words
    • Article, Illustration
      Lock icon Engineering Reliable Building Services
      383 14 Donnelley Simpson deary, t Oehlers' client- focused philosophy coupled with the pursuit of innovative and value-adding solutions has led DSCO to become a key partner of many clients throughout the Asia Pacific region and Australasia. I DSCO has projects ranging from commercial, industrial, information technology, banking
      383 words
    • Article, Illustration
      Lock icon Healthy and thriving
      1255 15  -  In conjunction with the AustCham Business Awards, MICHELLE QUAH examines the business and investment links between Australia and Singapore through a Q A with (from left) Miles Kupa, Australian High Commissioner to Singapore; Maurine Lam, counsellor of the Australian Trade Commission (Austrade) Singapore; and John Dick, president
      YEN MENG JIIN  -  1,255 words
  • Page 13 Advertisements
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      30 13 -11 tilling 1 1 m Bl .:•••£<-!s*.■ -.-v v i CsD/tsLsnd Cag£taLand CaggaLand JKL CagfijUM Cap/taM Jg, W, Residential Retail ILfcC -—55ST- Raffles* BUILDING FOR PEOPLE www.capitaland.com V Australand holdings
      30 words
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      177 14 HI BMB w ■llHbb appi ■IBEH Project Management HBH3I' Asia MB Europe IrwHPfll Middle East Ilf li iSH^IIB Pacific I 1 f |1 |HHH| Sub Continent sHHHHBB www.appinternational.com HI Look, Listen, Learn Bl] Adapt and Respond |||HfcJ International Project Management, across Multiple Hotels A resorts Borders, with a Single Currency
      177 words
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      Lock icon Page 14 Advertisements Column 2
      153 14 Yeahpoint congratulates all the finalists in this year's awards and thanks the judges for choosing Yeahpoint as a contender for the New Exporter Award. M Yeahpoint can produce new technology and X point of product marketing solutions for your jS company or retail outlet that will: Create a point of
      153 words
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  • Page 15 Advertisements
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      100 15 There's a revolution taking place in global outsourcing. Around the world, companies seeking competitive advantage are outsourcing HR requirements, from payroll to executive search. r *7 J To meet this demand, Talent 2 has emerged as Asia-Pacific's first end-to-end Human Resources Outsourcing (HRO) solutions business. Talent 2 transforms and manages
      100 words
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • Article, Illustration
      Lock icon Bonds ... safer bonds
      787 16  - Bonds safer bonds A Citibank guide calls bonds among the most predictable forms of investment, allowing you to manage your cashflow in a controlled manner. DANIEL BUENAS reports DANIEL BUENAS LAST week, we took a look at some of the basic terms and definitions used in the field of investing.
      787 words
    • Article, Illustration
      Lock icon Playing for success
      792 16  -  CAMPUS LIFE The innovative ExoroGame teaches real-world business lessons, says DANIEL BUENAS DANIEL BUENAS THE world of business and entrepreneurship is a challenging one, and certainly not child's play. But five undergraduates from the National University of Singapore (NUS) have found a creative way to teach the
      ARTHUR LEE  -  792 words
  • Page 16 Advertisements
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      249 16 Be smart with your finances FANCY becoming the next Warren Buffettor George Soros? Or even the famous Robert Kiyosaki? Then read on. The Young Investors' Forum, part of the BT-Citibank Tertiary Outreach Programme, isn't another dry page out of your financial textbook. To complement our editorial content, we have a
      249 words
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  • MALAYSIA
    • Article, Illustration
      Lock icon Severe labour pains ahead in the birth of a behemoth
      599 17  -  MALAYSIA INSIGHT The key to the success of Malaysia's biggest merger will be the resulting cost savings S JAYASANKARAN KL Correspondent EVEN before Malaysia's biggest merger gets under way, there are already signs of division. Last Thursday, Deputy Premier Najib
      599 words
    • Article
      Lock icon CIMB briefing on 'substantial' merger
      180 17 Bloomberg [KUALA LUMPUR] CIMB Investment Bank Bhd said it will hold a media briefing today about a "substantial merger exercise" involving several listed companies. The bank didn't identify the companies involved, according to an e-mailed statement from public relations firm Alpha Platform Sdn in Kuala
      Bloomberg  -  180 words
    • BRIEFLY ASIA
      • Article
        Lock icon China endorses India-US nuke deal
        119 17 AP [NEW DELHI] China has endorsed the India-US civilian nuclear trade deal, India's external affairs minister was quoted as saying yesterday. China and India agreed during last week's visit by Chinese President Hu Jintao that international civilian nuclear cooperation should be advanced through innovative and
        AP  -  119 words
      • Article
        Lock icon Summit to debate India's prospects
        109 17 AP [NEW DELHI] Hundreds of executives and policy-makers from around the world were gathering in India's capital yesterday to get a firsthand update on the country's sweeping economic transformation, the opportunities it presents and the challenges it faces. The three-day India Economic Summit, organised by
        AP  -  109 words
    • Article
      Lock icon Melewar mulls option of taking steel unit private
      356 17 [KUALA LUMPUR] Melewar Industrial Group Bhd may be looking to take its subsidiary Mycron Steel Bhd private. The Star reported, citing sources familiar with the matter. It understands that Melewar is likely to offer between 70 sen and RMI for Mycron shares
      356 words
    • Article
      Lock icon M'sia urged to export Islamic financial products
      171 17 [KUALA LUMPUR] Malaysia must market its Islamic financial and capital products more aggressively abroad to face impending competition from new players such as Singapore, says a report in Malaysia's Business Times over the weekend, quoting a Kuwaiti CEO. Kuwait Finance House deputy chief
      171 words
  • Page 17 Advertisements
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      Lock icon Page 17 Advertisements Column 1
      217 17 i A Diners Club Card To apply, call 6416 0980 A World of Exclusive Privilege* Treats (TjM wvno.amerm.com.eg ■Tr Champagne guru Tom Stevenson »I|| rated Kreglinger (formerly Pipers Brook) an astounding 91 points, one of only 3 non-Champagnes to achieve "the quality not just of good Champagne or even good
      217 words
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      Lock icon Page 17 Advertisements Column 2
      52 17 mmmmmmmimm•••••••• ••••Hflfel!!!!!! tut iMrWI Bl mmm mm^^BBSBSSSm j radio 91QS •••nmnvn Radio 91.3 is managed by SPH Untortworks, a subsidiary of WB Singapore Prts Holdings nrT^n Lianhe Zaobao a 4*' >: ***BB* r H <£•* rAj t i I I Electronic I I waste recycling, I I mvmrn I I
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  • GREATER CHINA/INDIA
    • Article
      Lock icon Stanley Ho to slash Melco stake by 4.26%
      493 18 He seeks to avoid conflict of interest with SJM which is eyeing HK listing Reuters Bloomberg [HONG KONG] Melco International Development Ltd said major shareholder Stanley Ho will pare his stake in the firm by 4.26 per cent to avoid any conflict
      Reuters; Bloomberg  -  493 words
    • Article, Illustration
      Lock icon A rare Xu Beihong smashes Chinese oil painting record
      225 18 Reuters [HONG KONG] A rare piece by renowned Chinese artist Xu Beihong has smashed the record for a Chinese oil painting, selling for HK553.9 million (5510.7 million) at a Christie's auction yesterday. The work Slave and Lion, far exceeded the pre-auction
      Reuters; REUTERS  -  225 words
    • Article
      Lock icon India may raise cap on foreign stakes in airlines
      253 18 [NEW DELHI! The Indian government is considering a proposal to raise the foreign investment cap in domestic carriers from 49 per cent to 74 per cent, according to a report in Business Standard. This follows the failure of the existing regime
      253 words
    • Article
      Lock icon HK businesses snub clean air plan: report
      452 18 Few ready to adopt int'l emissions standards AFP [HONG KONG] Hong Kong's businesses are snubbing an initiative to help ease the city's worsening air pollution, a report said yesterday, amid reports that chronic smog is hurting business and health. Just 100 Hong Kong
      AFP  -  452 words
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      200 18 mmm fF' mm m mmmmmmmm I us ,-t I^iNQh^^^^Bßl SMBI r:. w^* v. msnBHR wjn tijH^^Hjjjfl I BBbHh|b|E' 11 I P «S5 si *IhBBR |K Byre-ft-MSa. >' ?V1 |9^BB iHpi| IBmhsUb| 8 aHp|jij|& I »I I j]B hSM Iffl 1 ll^J 81 K I M J| |ig 2007 Q Businessman
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  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon Hedge funds hold key to Nasdaq's bid for LSE
      557 19  -  But London mayor an obstacle, wants UK's OFT to launch 'proper inquiry' By NEIL BEHRMANN in London HEDGE funds hold the key to a successful Nasdaq bid for the London Stock Exchange, but London's mayor wants the competition regulator to intervene.
      557 words
    • WORLD WATCH
      • Article
        Lock icon Gaza fires rockets despite ceasefire
        37 19 Reuters [GAZA] Palestinian militants fired several rockets at Israel from Gaza yesterday just hours after the start of a ceasefire aimed at ending five months of bloodshed in the impoverished coastal strip.
        Reuters  -  37 words
      • Article
        Lock icon S Korea culls 200,000 at chicken farm
        74 19 AP [SEOUL] South Korean quarantine officials yesterday began slaughtering more than 200,000 poultry after an outbreak of the deadly HSNI strain of bird flu at a chicken farm, the agriculture ministry said. A total 236,000 poultry within a 500-metre radius of the outbreak
        AP  -  74 words
      • Article
        Lock icon Aussie Labor Party wins in Victoria
        93 19 AFP [MELBOURNE] Australia's centre-left Labor Party has won re-election in the key state of Victoria, sending a warning to Prime Minister John Howard's conservative coalition ahead of a national vote next year. Labor Party leader Kim Beazley said the result pointed to a rejection
        AFP  -  93 words
      • Article
        Lock icon Vodafone earmarks £2.1b for tax dispute
        73 19 [LONDON] Vodafone has earmarked £2.1 billion (556.29 billion) to cover the potential costs of a long-running tax dispute with the Inland Revenue, The Observer reports. The huge special provision represents the most that the telecoms giant believes it will have to pay if it
        73 words
    • Article
      Lock icon Tipping point ahead for stock market
      725 19  -  WALL STREET INSIGHT Will buyers outlast profit takers in the last Nov week? By ANDREW MARKS in New York WHAT can be made of last week's action, when stocks dipped in a holi-day-shortened week of trading? That's the question investors will be asking as
      725 words
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      Lock icon More millionaires from UK housing boom
      206 19 Xinhua [LONDON] The real estate boom is turning 80,000 million people to millionaires in England and Wales, according to new figures. The ranks of property millionaires swelled by nearly 32 per cent in the past year, Portman Building Society, Britain's third largest building society,
      Xinhua  -  206 words
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      Lock icon Thaksin's family likely to pay taxes, says adviser
      617 19  -  By OUR CORRESPONDENT in Bangkok THAILAND'S ousted prime minister Thaksin Shinawatra will quit politics and remain in exile, his legal adviser said, adding that his family will appeal against, but likely pay the taxes sought by the new government. "If we are
      REUTERS  -  617 words
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      76 19 I, i*'\' $?4-JfcKiM- Ife: m&i*';*:-** *5 1 *Wm '"*-<• j| I§OF I if I H X I aM V Hy|HE_ 1 K p lTlut t -^^^^■U^E^HHRr'<^' M *-tfs« J w» 1 fC|{l fifiliiP' SCtS ilTill 11 tjr |m Ka^ By Professor f ii%B«P n |H 4fc> i •1 F i*
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  • AVIATION/SHIPPING
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      Lock icon Keppel O&M eyes more deals with Gulf Drilling
      671 20  -  It has just delivered first jack-up rig of a two-rig contract to the Qatar company By DONALD URQUHART [SINGAPORE] Delivering its first jack-up drilling rig of a two-rig contract to Qatar's national drilling company Gulf Drilling International (GDI) on Friday, Keppel Offshore
      671 words
    • Article
      Lock icon EADS board split over new Airbus jet
      658 20 It has concerns over funding of US$10b A350 project Reuters [PAßlS] Disagreement over the funding of a US$lO-bil-lion new plane project at Airbus has forced parent firm EADS to cancel a Friday board meeting which was due to decide on whether to go
      Reuters  -  658 words
    • Article
      Lock icon Persian Gulf tanker rates seen falling
      179 20 Bloomberg [LONDON] The cost of shipping crude oil from the Middle East to Asia on two-mil-lion-barrel oil tankers may fall to a sevenmonth low as mild US weather and reduced Opec production curb tanker demand. Freight rates for oil supertankers moving between the Persian
      Bloomberg  -  179 words
    • Article
      Lock icon Dubai sees vital role for new $12.5b airport
      477 20  -  By CLARENCE MICHAEL in Dubai DUBAI'S existing airport will have an annual cargo capacity of five million tonnes once the construction of new concourses and terminals are completed, according to a top official here. "However, if Dubai wants to be the cargo
      477 words
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      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2111 20 BSH—!!£ B8H D*»«r0dl SQ141 1145 ***** 0935 _W I —r— SQ143 1535 SQ146 1640 AbvOfcafe »4» IK?—-- GA840 1630 GAM1 1750 740 LH9770 2350 5Q147 2235 >Q14» 190Q i DtHka BG86 0515 8G87 0615 jyakriM L***** 0645 KU838 2315 ***** 0550 S0436 2030 SQ323 0645 *****2
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  • Page 20 Miscellaneous
    • Miscellaneous
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      194 20 CRYPTIC CROSSWORD 26 Defeat makes no difference to mum or dad (8) 8 Store fish for the stew? (8) YESTERDAY'S SOLUTION DOWN 13 It comes from Mecca, this reli- Across: 1 Skate on thin ice, 9 t l -j tor gious instruction (9) Georgia, 10 Bayonne, 11 Ort, 12 2
      194 words
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  • Article
    Lock icon SINGAPORE STOCKS
    6731 21 STRAITS TIMES INDEX STOCKS Stock name Wt Co* Change Stod. name Wt Oom Chang* Stodcnawa Allqreen 0.35 1.780 -0 030 Hyflux 0.34 2.470 +0*20 If? 3*60 Asldasrert 104 2.340 JMH 3*2 ***** *-400 STATSO* 0.86 1. 40 insi 042 iSo JSH 2.09 11.700 -0100 S«mbG»plnd 255 CapitaLand 479
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  • Article
    Lock icon FINANCE & COMMODITIES
    5653 22 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES la local cwt In Si '"if** dy »r dy yr «*V Nov 24 Indo Cngng« Change Cnanq< Ch.fj* -h<nq» Lbtny, The World Indesi Preliminary 1074 2 -0 4 10.8 0.0 74 M 15.2 t EWE Preliminary 1062 7 -0.7 9.2 O.J 105 0.1
    5,653 words
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      1316 23 UK CONTINENT SERVICE U.IA SERVICE Destination /ca\/ DD LEADER RDM/ATW/BMN/TLB/NAN MATIRA CAM/NFK/NOL/SAV DD SUCCESS RDM/ATW/BMN/TLB/NAN Loads Singapore, E./W. Malaysia, Indonesia Loods e./W. Malaysia, Indonesia MIDDLE-EAST SERVICE F.E./S.E.A. SERVICE Destination ASEAN PREMIER DBI/ABU/DOH/BRN/DMM/KWT fton j SAFE DBI/ABU/DOH/BRN/DMM/KWT STX PO TBN INC/BSN PAN BRIGHT JDH/AQA/DMT ASEAN GLORY DBI/ABU/DOH/BRN/DMM/KWT Loads Singapore, E./W. Malaysia,
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      595 23 a I 30/11 02/1? !i n/i? 24/12 OROfIO EXPRESS 12 SO IS OttWOEXWCSM 50 43 I L-3™ an i STD m. m m jwjswjio tmi/M JO 4i 19-19/11 22-22/11 OM3/12 07-OR/12 10-10/12 14-14/12 21-21/12 24-24/12 POSITIVE LfADER/DOS 100 Si 0343/12.-- 17-17/12 10-10/12 21-22/12 24-24/12 30-30/12 *04/01 TK fOT/03, SO 4i
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      787 24 WAN HAJ INTERNATIONAL PTE LTD ai» 144WW0000/I TIL *****588 (14 IMS) FAX: *****163 \AK\WAN HA LINES zst2SSS2S£SSSU V aHiajWIBtWnHUtIDTBSHniIMiBtWIIWMTSFttWDJinnVWIW *T IH;(O3I)S2S4I«HUt 1071)57SV«rUlia;710«/71 4*l WbHiSn WWW.WORhai.COn.S9 HTLjWIMIDWWfcjOtIMIWD/*'®'!^^^— Is:!""Tlz[rl'r 115 -a-% ■-fr IS \Z SS 138 ®li Sb ml A JIBIB BB B#B ass ss 05/1? mmi XgB as a® as as
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      824 24 '|Tin EASTERN CAR LIINEK, L,lL> y fc» iTg IN ROKO ft HEAVY urrurro 450 TOWS MTtA-ASUSaVKI VOY UNi S«~ TTf Html) PKL(W) WW JKT Wg_ MW>6_ K«iiß i g"~S ig" YUSHOSIBIA 5 ZgMZ—l n/n g a—a—g-S=^i±:J2Bi^^==3iZs=3zii:rzr eomneuM 75_ 40 in JflflL 14/12 W] 1 —J }ga EVERETT ASIA LINE PTE.
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      715 24 ID gjtsi&A WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICO POINTS mat 1 vot I aw I muuic coto—o hswva ctummo Howuitii oos/w ?imwr ag nm mttwww ffiw aw* hww osok o»ok_ IAWGMIDHI I eiDWf I OtOK I 07OK 10PK I3DK 17DK cowtawc nun vss 10
      715 words
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  • THE BUSINESS TIMES SHIPPING TIMES
    • Article
      Lock icon THE BUSINESS TIMES SHIPPING GUIDE EXPORT
      6579 25 This ETA ETA Advwttor VmnI VOY»«« T ?W' f™ £if„ h f !2S mSSrn T SS5mT SIN Deffn Name W^, 13/12 17/12 PACCCont PAC MAKASSAR 673N *****655 To ABIDJAN (ABJ) 2003 Cote D'lvoire 13/12 18/12 PACCCont PAC MAKASSAR 673N *****655 04/12 08X11 Delmas NALA
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      506 25 riM93PEZ3HI VESSEL VOY PKL SIN KARACHI PXB BAB I DMM BIK KHOR IRAN SHAHRYAR PCI 8172 28/11 29/11 08/12 11/12 12/12 18/12 20/12 22/12 IRAN KORDESTAN PCL 8173 06/12 07/12 16/12 19/12 20/12 26/12 28/12 30/12 IRAN TABATABAEI PCL 8174 11/12 12/12 21/12 24/12 23/12 31/12 02/01 04/01 VESSEL VOY
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      245 25 =fe= VfjiTiivuN n?2 W7 07 WffAH f177 177T1T1/H W roll ii/ 11 1 m« a' »!r Bh Ito* IKngiilM 1110 on 05Z M/li Oi/H r*( PMTUKA I rWCJV IT/u I w/l* I 11 wr MI owwconc Vhhl |V*Tl*| I I »>, 1 rtj I |«W I ItW I «<■ 1
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      269 25 CONVENTIONAL SERVICE DUBAI DAMMAM LOADING ON 22ND NOV rru omro LOADING ON 24TH NOV CHENNAi MUMBAI LOADING ON STH DECEMBER r^^OßYNAviuTib^'oupl (sma if7o) OWNS A OPERATES THE YOUNGEST FLEET TWELVE 7,000 DWT TWEEN DECKERS covhuno THE ENTIRE ASIA PACIFIC PORTS MGULM WIEKLY SIRVJCIS: KAOHSIUNG ft CHINESE PORTS, HONO KONO TO
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  • BizIT
    • Article, Illustration
      Lock icon NEC to propose thin client solution for SOE
      853 27  -  It also aims to grow its new thin client business to US$1.25b in next 3 years, writes ROLAND LIM ROLAND LIM JAPANESE electronics and IT giant NEC Corp last week unveiled its thin client solution in the AsiaPacific region for the first
      YEN MENG JIIN  -  853 words
    • Article, Illustration
      Lock icon Making money from free software
      951 28  -  <we say> We may now be at the tipping point where open source becomes mainstream, with profound impact on the software industry AMIT ROY CHOUDHURY Correspondent OPEN source software has quite a bit of urban legend attached to it. The Finnish software engineer Linus Torvalds
      951 words
    • <what's up>
      • Article
        Lock icon IT veteran to be eGL centre director
        99 28 CIVIL service IT veteran Ong Lih Ling has been appointed as the centre director of the Singapore e-Goverament Leadership Centre (eGL). The eGL is a partnership between the Institute of Systems Science (ISS), the Infocomm Development Authority (IDA), and the Lee Kuan Yew
        99 words
      • Article
        Lock icon Borland names Frank TehasAseanMD
        72 28 ENTERPRISE software vendor Borland has appointed Frank Teh as its managing director for the Asean region. Mr Teh's responsibilities include. planning and implementation of all business development initiatives, sales and marketing programmes, and the general management of Borland's South-east Asia operations. Mr Teh joined Borland in
        72 words
      • Article
        Lock icon Epicor appoints new regional director
        79 28  -  Compiled by ROLAND LIM EPICOR Software has appointed David Ho as its regional director for South-east Asia. He will be responsible for driving growth of software licence sales in the region. Prior to joining Epicor, Mr Ho was leading the business development initiatives for Computer
        79 words
    • Article
      Lock icon Infra-red 'hot spot' is latest commentary toy
      273 28 AFP BRISBANE] An Infra-red camera reportedly designed to track fighter jets has become the latest hitech gadget used to cover the Ashes series between Australia and England. Host broadcaster Channel Nine said the device, known as the "hot spot", could show whether a
      AFP  -  273 words
    • Article, Illustration
      Lock icon Ultimate HD experience
      786 29 BT ADVERTORIAL Two 42-inch made-in Japan plasma TVs from Hitachi redefine high-definition viewing with superior technology While TV broadcast in the 20th century has often been referred to as the video era, the present century's driving force, till now, has been digital broadcasting, which has been made
      786 words
    • Article, Illustration
      Lock icon Polycom introduces high-def conferencing solution
      568 30  -  New architecture supports video, voice as well as multimedia content By AMIT ROY CHOUDHURY WITH competition hotting up in the video conferencing market as new entrants like Hewlett-Packard and Cisco Systems muscle in, industry pioneer Polycom has unveiled its next-gener-ation high-definition (HD) communications and collaboration
      568 words
    • <what's new>
      • Article
        Lock icon Nokia releases 3 new fashion phones
        93 30 HANDSET giant Nokia has released three new phones in its L'Amour line of fashion phones. The clamshell Nokia 7390 ($748), touted as its first 3G fashion phone, has an integrated 3-megapixel camera, FM radio, and audio and video playback capabilities. The Nokia 7373 ($558)
        93 words
      • Article, Illustration
        Lock icon Palm updates its popular Treo
        89 30 THE popular Treo 650 finally has a successor in the Treo 680 (above). While the latest Treo remains a quad-band phone that lacks 3G and Wifi connectivity, the 680 improves upon its predecessor with an increased on-board memory capacity of 64M8 and expansion via an
        89 words
      • Article
        Lock icon Small widescreen portable DVD player
        93 30 LG Electronics has launched the DPI 81 portable DVD player which has a 7-inch widescreen display. With a battery life of up to 3.5 hours, the DPI 81 allows the user to finish watching a DVD and still have enough power left for listening to
        93 words
      • Article
        Lock icon New Tablet notebook from Lenovo
        87 30 LENOVO has released the ThinkPad X60 Tablet, a tablet notebook featuring a new MultiTouch feature that enables users to use either a pen or finger on its 12-inch touchscreen. Its screen also boasts a 170-degree viewing angle, and coupled with its anti-reflective and anti-glare MuWView
        87 words
      • Article
        Lock icon Samsung MP3 player goes wireless
        84 30 SAMSUNG'S latest MP3 player, the T9, comes with a Bluetooth stereo headset that allows users to listen to music unencumbered by wires. The headset is also compatible with mobile phones that have Bluetooth, so users need not fear missing a call while listening to music.
        84 words
      • Article, Illustration
        Lock icon Big zoom with latest Kodak digital camera
        74 30  -  Compiled by ROLAND LIM KODAK'S latest Easyshare Z7lO Zoom4above) is its latest 7.1-megapixel digital camera which features 10 times zoom, a high quality Schneider Kreuznach Variogon lens and a 2-inch LCD display. It also features full manual controls for photo enthusiasts who need
        74 words
    • Article
      Lock icon Holiday shoppers flock to the Web
      427 31 Toys, electronics most sought-after items on eBay, Shopping.com Reuters [LOS ANGELES] Bargain hunters tracking down sought-after toys and electronics flocked to the Web ahead of "Cyber Monday", the unofficial start of the online holiday shopping season, three websites said on Saturday. Web auctioneer eßay
      Reuters  -  427 words
    • Article
      Lock icon Siemens dismisses China Web TV unit
      160 31 Reuters [SHANGHAI] German industrial conglomerate Siemens AG may withdraw from the Internet TV market in China, a local newspaper reported on Friday. Siemens has dismissed its team in charge of Internet Protocol Television in China, the Shanghai Securities News said, citing sources saying that
      Reuters  -  160 words
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      514 28 Nec AGamgsr A Telephony Server 1 r SV7OOO mps Architecture designed for new The UNIVERGE SWOOO MPS delivers a product that Q6n©ratiOn bUSineSS Solution is primarily targeted towards the pure IPTetephony *n!«.!i*»l/A ma l^/«A//\ID* for Small/Medium Business (SMB). This new product □igitdl/AnalOg/VOIr address the needs of customers who want a
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      58 29 c &gt;.«' I MM'iiiipwuw"■" "'7~d l&lt;:! Bl^^3y9ißiaQß^^^^»o^SjHE^^^^^^M JSStK[S~ s r -jWjW l i^g^WßKp^l|^:^ nHHRIr ißlfflHMfetMflwwnw^^ HI I fl| fill IBBHHBBIf swiiisßifcs^^ In Singapore, some of our cutting-edge technologies include Finger Vein Biometric Urtan Sytfems like HITACHI the Sentosa Express monorail. We also lead the way in High Definition Plasma TVs
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      186 30 IDA Presents Distinguished I Infocomm Speaker John Chambers M I Chairman and CEO I Cisco Systems I Date: 8 December 2006. Friday I Time: 1.00 pm 3.30 pm W" 1 f I Light refreshments will be 'Doors close at 1.45 pm Please arrive early for registration Venue: Raffles City Convention
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      101 30 i i t I•••#••• iwimJL J| Mcii-n Course- 0 Grey Kik-n ftopMrdy 0 2.) C.-X. Uwis Bfrst o$ •&lt; 3) Sfy W tkc- Stw {J TKa-hK I if) Dptvidi Bowifr Golden Ye-ws j5) Steropko-nics A. Wic«- Pivj 6) Ows -Ai No Corrida, Wewfo-H (H&t-'H Wwwts ||d) A-nita Ri-n&lt;j M|J Be-££
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      44 31 i n*. .t -\&gt;.'l .«WH ffS'J&m mj ."V/--v SSgel H ftpt readv m VJj v 3 L I y wH I ■■111 ■FiBBBB* 1 _J a mm nfi, II la II I J| rilYrif I Jll jJ Ijj 110 H■ i I*^l Ipl I &gt;
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  • BIZIT-IN'SPIRE ROUNDTABLE
    • Article, Illustration
      Lock icon Managing change in outsourcing
      2717 32 CHANGE MANAGEMENT OVERVIEW AN integral part of any outsourcing project is that of managing change with people and processes. But as change is not something that everyone in an organisation is comfortable with, change management thus plays a large part in determining the project's success. This
      2,717 words
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