The Business Times, 18 December 2006

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Microfilm: NL27117
Total Pages: 28
1 28 The Business Times
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  • Title Section
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    23 1 THE BUSINESS TIMES mmth ANNIVERSARY J[) SINGAPORE 85 cents online at http://business-times.asialxom.sg A SINGAPORE PRESS HOLDINGS PUBLICATION MICA (P) 099/03/2006 Monday, December 18,2006
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  • Article, Illustration
    Lock icon Firms' Q3 showing best in 12 years: survey
    780 1  -  Overall outlook remains rosy but signs indicate current economic upswing may have peaked By DANIEL BUENAS [SINGAPORE] Local firms appear to have had a roaring third quarter this year, with more of them reporting higher sales and new orders than in the
    Source: BT-UniSIM Business Climate Survey; BLOOMBERG  -  780 words
  • Article
    Lock icon Asian growth expected to continue in 2007
    684 1  -  By MATTHEW PHAN [SINGAPORE] Asia is tipped to keep growing strongly in 2007, rising currencies in the region notwithstanding. Yet, analysts warned last week that soaring equity markets in 2006 have left some parts of Asia vulnerable due to high valuations. "GDP growth
    684 words
  • Article
    Lock icon MARKETS DIGEST
    126 1 MARKETS WNk Chg» STI 2931.29...-.+66.15 KLCOMP 1009.32 -927 NIKKEI 225 *****31 ....*496.46 HANG SENG *****.65 -..+370.66 SETINDEX 736.29—i_.-4.65 JAKARTA COMP ...*****16—+16*7 MANILA COMP J856J9-..-+24J9 TAIPEI TA1EX 7538.82 -97.48 SEOUL COMP 1421.87 +31.44 SHENZHEN B ***** +4.49 AUSTALLOW) .....5557.00-.+141.60 DOW JONES *****.52 -+138A3 NASDAQ 2457JO—+19.84 SAP 500 1427.09—+1725 FTSE
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  • TOP STORIES
    • Article, Illustration
      Lock icon S'pore calls for flexibility in global trade talks
      598 2  -  Major players urged to act to avert failure in Doha negotiations By Ravi Kanth in Geneva A FAILURE in the Doha negotiations to liberalise global trade can be averted if "major players" provide clear signals of flexibility within the next few months
      FILE PHOTO  -  598 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      619 2 Wall Street ends 2006 with plenty of bubbly CHRISTMAS came a week early to Wall Street, as stocks hit new highs, investment banks closed their books on a banner year and record bonuses were handed out. Goldman Sachs chief executive officer Lloyd Blankfein's pay package is expected to
      619 words
    • Article, Illustration
      Lock icon Wall Street ends 2006 with plenty of bubbly
      539 4 US investment banks hand out record bonuses as stocks hit new high AP [WASHINGTON] Christmas came a week early to Wall Street, as stocks hit new highs, investment banks closed their books on a banner year and record bonuses were handed out.
      AP; PHOTOS BY BLOOMBERG  -  539 words
    • Article
      Lock icon Goldilocks economy seen spurring year-end rally
      736 4  -  WALL STREET INSIGHT By ANDREW MARKS in New York REVIVED hopes for a rate cut or least a continuation of a pause in the US central bank's campaign to raise interest rates pushed blue-chip shares to two record closing highs this past week, after
      736 words
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      92 2 JOY TO THE WORLD. UP TOl2 MONTHS' FREE INSTALMENTS WORTH $19,800* FIRST YEAR INSURANCE SUBSIDY* CASH REBATES AS HIGH AS $11,600* ii illjli'iißir" ir iiim*iiiiiimiii»tw "<*** fr.'-T.-.■■-! -1Y- ..V f I a Swlf PwihHi I -w- «Bi wit'ti-y Avtt Hpp^^lHlllfeiii^j—- BUY THE NEW VOLVO XC9O, SBO OR S6O BEFORE 31
      92 words
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      21 2 HOT IPO Attract more interest from investors. Place your IPO notice in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg.
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      4 2 people HR's secret weapon.
      4 words
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      584 5 Border delays TSA compliance Fuel costs Local customs officials Detour on the AlO Exchange rates Incomplete documentation Cross-docking No Fly Zones Port congestion New cargo security regulations Offshore manufacturing Holiday rush orders Oversized goods Untraceable shipments Network crashes Labor disputes Multi-SKU inventory issues Confidentiality and security Port tariffs Moved-up deadlines
      584 words
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      1 5 agilitylogistics.com
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  • SINGAPORE MARKETS
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      380 6 Piiywt (i 1Mb Pay »ayn En boota Hj (tat data Om <cti- fettl ids—3s«— AIM Mil H gjQ »0«c iWK tm WolQftlimi f 2X0 U-Ok i»Ok 09-Hn AdaEatbfW f m »tm 01-Nb U-Hb Noal stamp i 330 12-Ok IS-Otc 0»ar A«HNt«Hwr lit 2»lw 0\4* 12-Nb PartcwyHMg S 11.25
      380 words
    • Article, Illustration
      Lock icon Difficult to find fault with bullish view of markets
      646 6  -  STOCKS R SIVANITHY Senior Correspondent IT'S very difficult to fight the tide of optimism currently sweeping through stock markets the world over, one which has taken the Straits Times Index to its umpteenth all-time closing highs last week (two, on Thursday
      646 words
    • Article
      Lock icon Oil prices mixed after Opec output cut; gold loses shine
      243 6 AFP [LONDON] World oil prices ended mixed last week after gaining from Opec's decision to cut output further and a sharp drop in US energy stockpiles. Precious metals, including gold and silver, weakened as the dollar rallied. However there were
      AFP  -  243 words
    • Article
      Lock icon US job data features in Asian units' fall against greenback
      314 6 CURRENCIES AFP [HONG KONGI Major Asian currencies fell against the dollar last week, partly due to strong US jobless data. Japanese yen: The yen declined to the dollar last week, briefly hitting 118 yen on Friday for the first time
      AFP  -  314 words
    • Article, Illustration
      Lock icon BROKERS' RECOMMENDATIONS
      1915 6 Source: Reuters Consensus No.of Forecast Mean Frfs I Consensus Mo.of Forecast Moan Frfs recommendation esti- EPS PE target price recommendation «sti- EPS PC target price Company name This wk Lastmth mates (cents) (ratio) price Company name TMswk Lastmth mates (cants) (ratio) price (S) Allco Commercial REIT 1.33 1.33
      Source: Reuters  -  1,915 words
    • Article, Illustration
      Lock icon Portfolios little changed despite STI records
      1334 7  -  TEH HOOI LING Senior Correspondent OUR portfolios were steady in a week when the Straits Times Index scaled yet another new high. The only portfolio that managed to chalk up some gains last week was the analysts' upgrades portfolio, which edged up 0.4 per
      1,334 words
    • Article
      Lock icon Buying bounces back, selling loses momentum
      1488 7  -  INSIDE MARKETS By ROBERT HALILI THERE was a sharp rebound in the buying and a slowdown in the selling last week, based on filings from Dec 11 to 15 on the Singapore Exchange. A total of 21 firms recorded 48 director and substantial shareholder
      1,488 words
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  • COMPANY NEWS
    • Article
      Lock icon So long to HK, go 'long' on S'pore, says Merrill Lynch
      505 8  -  Immmigration from HK to S'pore signals compelling pair trade next year By MATTHEW PHAN IMMIGRATION from Hong Kong to Singapore means "one of the most compelling pair trades for 2007 will be long Singapore office and mass residential plays
      505 words
    • Article, Illustration
      Lock icon S'pore, China firms to build vinegar plant
      350 8  -  By WEE LI-EN SINGAPORE-BASED Tee Yih Jia Food (TYJ) Manufacturing and Super Coffeemix have joined China's biggest vinegar producer, Jiangsu Hengshun Vinegar Industry, to build a 500 million yuan (5598.5 million) vinegar plant in Zhenjiang City. The joint venture company, Jiangsu Hengshun Seasoning
      350 words
    • Article
      Lock icon Babcock & Brown IPO: not quite a no-brainer
      733 8  - Babcock Brown IPO: not quite a no-brainer HOCK LOCK SIEW By OH BOON PING SOON-to-be-listed Babcock Brown Structured Finance Fund is projecting a 9 per cent yield next year based on its offer price surely one of the most attractive initial public offers this year. But is this a no-brai-ner
      733 words
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      584 8 INITIAL PUBLIC OFFERING IE CHINA ENERGY LIMITED (Incorporated in the Republic of Singapore on July 21, 2005 with company registration number *****0060K) Offering in respect of 248,812,000 Offering Shares (subject to the Over-allotment Options) Offering Price: 550.83 per Offering Share Offering closes on Tuesday, December 19, 2006 at 12.00 noon
      584 words
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      290 8 We believe we are the largest producer of Dimethyl Ether ("DME") in China based on Our production capacity as of the Latest Practicable Date (October 27, 2006). We produce DME, which we sell to fuel distributors, chemical producers and traders in various regions in China, including in Shandong, Jiangsu, Guangdong,
      290 words
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  • SINGAPORE NEWS
    • Article
      Lock icon UAE stirs interest of S'pore companies: survey
      702 9  -  It ranks 3rd among countries seen as offering best business prospects By DANIEL BUENAS THE United Arab Emirates (UAE) has popped up on the radar screens of local firms, ranking third in a list of countries with the best business prospects in the
      702 words
    • SINGAPORE ROUNDUP
      • Article
        Lock icon NUS Business School to train Nestle execs
        77 9 NESTLE Malaysia/ Singapore has sealed a two-year $1 million agreement with the NUS Business School to train the company's mid-level managers in strategic management and leadership. The agreement will see training for 300 executives and is a spin-off from the Asian chapter of
        77 words
      • Article
        Lock icon Old Swedish vessel's replica to dock here
        103 9 A FULL-SCALE replica of an 18th-century merchant vessel will dock at the Promenade at VivoCity. The Swedish ship Gotheborg is on an expedition that saw it call on ports in Spain, Brazil, Australia, Indonesia and Shanghai. The ship will arrive from Hong Kong
        103 words
      • Article
        Lock icon Paper by S'porean at US varsity wins prize
        85 9 A PAPER by a Singaporean research assistant at the FPG Child Development Institute at the University of North Carolina in Chapel Hill has been named the "Distinguished Article of 2005" by the Journal of Early Childhood Teacher Education in conjunction with the
        85 words
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      879 9 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ADIS INVESTMENTS PTE. LTD. (REG. NO. *****0778N) (INCORPORATED IN SINGAPORE) AI an Extraordinary General Meeting of the above named Company duly convened and held at 608 Orchard Road, #06-18 The AtnumOOrchard S(*****1) on the 15 DEC
      879 words
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      110 9 JUST A SMILE AirPlus INTERNATIONAL JUST A CORPORATE CREDIT CARD f I AIRPLUS. WHAT TRAVEL PAYMENT IS ALL ABOUT. Wo have been specialising in global payment solutions, leporting and analysis of business travel toi over 15 years Furthermore, we have helped our 30.000 corporate clients save up to 30'\> ol
      110 words
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  • INDIA
    • Article, Illustration
      Lock icon Delhi hopes 5-nation talks will spawn oil stockpile network
      613 10 US, Japan, S Korea offer technology, management help to China, India Reuters [BEIJING] India, which will start building its strategic oil reserve next March, hopes that a summit of top crude consumers could lead to a regional stockpile network to tackle
      Reuters; AP  -  613 words
    • Article
      Lock icon Subsidy urged to help develop rural India
      399 10 1.6t rupees needed for infrastructure in villages, says study Economic Times [NEW DELHI] A private study sponsored by the Tatas has proposed government subsidy to encourage private players to invest in rural infrastructure development that requires a whopping 1.6 trillion rupees (5555.4 billion).
      Economic Times  -  399 words
    • Article
      Lock icon India's top nuclear scientists against landmark deal with US
      316 10 AFP [NEW DELHI] India's top nuclear scientists have said that a landmark nuclear deal with the United States will place limitations on the country's weapons programme, the media reported on Saturday. The deal allows the export of nuclear fuel and technology
      AFP  -  316 words
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      160 10 'How about a Safari then.' I stared at her. 'Safari?' We embarked on our evening expedition at 7:30 sharp. Beginning at The Atrium, we nibbled on Asian tapas and sipped Saketinis before making our way t© the Global Kitchen, where delectable culinary art paired with wine awaited. Afterwards, we were
      160 words
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      55 10 *****999° 2 ToplOArtiste^K George Mlcheel 1 JJepeche Mode E 0 Gvuen Stefan! p Queen u2 mL w. Eagles 0 2 Madonna >1 J*alg Dayftf to Kylie Minogue P journey 2 Hotline 6691 1913 SMS 9766 6913 B A 41b r^S MMMVIo Radio 91.3 is managed by SPH Unionworks, a subsidiary
      55 words
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      27 10 I Lianhe Zaobao I Analysts: I I I I rise to I I or higher against I I the US$ I I next year I ilsoftntjc, I
      27 words
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  • FOCUS: INDIA EDUCATION
    • Article, Illustration
      Lock icon When higher education harms
      1559 11 Graduates of lesser Indian universities cannot share the spoils of India's booming economy as they lack marketable skills IHT [MUMBAI] IT WOULD seem a good time to be Kinjal Bhuptani. She is a college student studying business in the financial capital of one of hottest economies
      IHT; BLOOMBERG  -  1,559 words
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      355 11 *t T. T',/»/5 /~*T/% A 77 >•> A «i> 11i/ii/ i i s V/w J J f j f[ a W vir f w %r mM rnrnp tn thp Roninur Frpnrh Winp Fsir todsv Hfek, Ik PS J 4 i I .jps£. 31 V3»©wX v*f%y WinUfn fHWa*■ t jb| 4
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  • DINING OUT
    • Article, Illustration
      Lock icon Scottish faves, Indian flavours
      1139 12 Enjoy solid Highland fare with decent drinks to go and indulge in spicy Indian cuisine with a modern spin at two new restaurants Highlander Block 38. The Foundry, #01-11 Clarke Quay, River Valley Road. Tel: 6235 9528 IS THERE such a thing as haute Scottish cuisine?
      1,139 words
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      89 12 seen I Zj 1 Make a scene. Make the scene. Step into the spotlight MP j| |W Entertain your entourage. You're always the star at Oscar's, f» Singapore's undisputed home of glamour and good times. AJ| 1 av Savour al fresco adventures and buffet that goes beyond. -9pfH| Taste the
      89 words
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • Article, Illustration
      Lock icon For the more adventurous
      968 13  -  Investors who have more experience or resources may want to consider derivatives. DANIEL BUENAS looks at how this financial instrument works and the risks involved DANIEL BUENAS OVER the last few weeks, we've discussed the various investment tools and products that would satisfy the investment appetite
      968 words
    • Article
      Lock icon Building synergies beyond generations
      253 13 THE secrets to growing a successful family business and maintaining healthy family relationships are trust, strong family values and open communications. Join us in this Family Business Conference 07 to learn how business owners and youths play a part to ensure the success of these family
      253 words
    • Article, Illustration
      Lock icon Talk about family-run business
      770 13  -  CAMPUS LIFE Ngee Ann Polytechnic students arrange to hear about it from the horses' mouths, reports JAMIE LEE JAMIE LEE AS THE old adage goes, blood runs thicker than water. But in a family business, blood ties can often turn out to be a double-edged sword.
      YEN MENG JIIN  -  770 words
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      46 13 cifibank The Business Times-Citibank Young Investors' Forum is published every Monday in The Business Times. It aims to raise the financial awareness of university and polytechnic students and cultivate a better understanding of business issues. The series is part of BT and Citibank's tertiary outreach programme.
      46 words
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  • ECONOMY WATCH
    • Article
      Lock icon US okays anti-subsidy probe against China
      591 14 Reuters [WASHINGTON] The International Trade Commission (ITC) of the United States on Friday approved the first US investigation into suspected Chinese government subsidies to exporters since 1991 in a case that could open the floodgate to more probes. The trade panel voted 4-1 to
      Reuters  -  591 words
    • Article
      Lock icon STOCKS ASIA
      3008 14 Transaction date: Dec 15 For a full listing of the dosing prices, log on to BT Online at http://business-times.asia 1 .com.sg after 11.30pm every trading day HONG KONG Vol Daqing Petroleum .0.36 -0.01 2146 HKS '000 Datanglntnl Power Gene ...7.64 0-20 ***** Denway Motors 3.17 0.01 ***** Aeon
      3,008 words
    • Article, Illustration
      Lock icon US slowdown seen putting drag on global growth
      684 14 But Asia, Europe to stay resilient on consumer demand: economists AP [BANGKOK] A slowdown in the US economy will likely put a drag on global growth next year, but economists say Asia and Europe should remain fairly resilient amid signs of healthy
      AP  -  684 words
    • Article
      Lock icon BOJ may raise interest rates this week: analysts
      351 14 AFP {TOKYO] Japan's top central bankers gather this week for their most anticipated meeting since they ended over five years of virtually free credit in July, with markets jittery about when interest rates will rise again. The Bank of Japan (BOJ) said
      AFP  -  351 words
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  • MALAYSIA
    • Article, Illustration
      Lock icon M'sia's Sime to own dam project: report
      438 15 Firm seen as best choice, able to resolve funding issue: source Reuters AFP [KUALA LUMPUR] The Malaysian government has agreed in principle to let conglomerate Sime Darby Bhd take ownership of the 2,400-MW Bakun hydroelectric project in Sarawak, The Edge financial weekly reported.
      Reuters; AFP; REUTERS  -  438 words
    • Article
      Lock icon DRB-Hicom in bid for major Proton stake
      310 15 AFP [KUALA LUMPUR] Malaysian automotive group DRB-Hicom has made a bid to buy more than half the government's stake in troubled national carmaker Proton, reports said on Saturday. DRB-Hicom group executive adviser for auto operations, Abdul Rahman Omar, said that the company is
      AFP  -  310 words
    • Article, Illustration
      Lock icon KL needs to keeps its fundamentals strong
      647 15  -  MALAYSIA INSIGHT Amid encouraging signs, there're black marks in the economy PAULINE NG KL Correspondent AFTER nearly a decade of acrimony, former prime minister Mahathir Mohamad finally buried the hatchet with George Soros the Hun-garian-born Jew he once described as a "moron". On
      647 words
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      50 15 ASv I on winning the 2006 Model of Taiwan and Overseas Entrepreneurs Award by China Youth Career Development Association From: Board of Directors and all staff at AA Group Holdings Ltd A-Trender Technology SDN. BHD. Wincap Industrial (M) SDN. BHD. Huntington Communications Pte Ltd and Mr Peter Lai Hock Meng
      50 words
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      327 15 II j Department of Real Estate V&tS&i kl The Amos Koh Memorial Fund Committee National University of Singapore A Real Estate Event in Support of the Amos Koh Memorial Fund In 2003, the NUS Department of Real Estate established the Amos Koh Memorial Fund to commemorate the lifetime achievements of
      327 words
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  • GREATER CHINA
    • Article, Illustration
      Lock icon China picks Westinghouse for US$5.3b nuclear reactor deal
      740 16 Firm gains edge in bidding to supply up to 26 more reactors by 2020 Bloomberg [TOKYO] China picked Toshiba Corp's Westinghouse Electric for the biggest international nuclear reactor contract in history, trumping France's Areva SA for a project worth about US$5.3 billion.
      Bloomberg; AP  -  740 words
    • Article
      Lock icon Beijing forges ahead with plans for US$25b power grid
      636 16 Reuters [BEIJING] China's US$25 billion plan to build an ul-tra-high voltage electricity network by 2020 should enable the world's second largest power market to meet soaring demand and steal a march on Western nations slower to upgrade ailing grids. Anxious to
      Reuters  -  636 words
    • Article
      Lock icon China stock market at record high
      656 16 AFP [SHANGHAI] What a difference a year makes. A mere 12 months ago, China's stock market was the poor man of Asia and one of the world's worst performers. On Friday, the key Shanghai Composite Index closed at a historic high as China's booming
      AFP  -  656 words
    • Article, Illustration
      Lock icon HK poll candidate fights bland image with singing
      682 16 AP [HONG KONG] With his eyes on Hong Kong's top job. Alan Leong tries firing up a crowd of voters by crooning a song from a popular TV series. But as he begins to talk during the street campaign about what he
      AP; REUTERS  -  682 words
    • Article
      Lock icon Untitled
      537 16 STRAITS TIMES INDEX STOCKS Stodt nam Wt Oou Qung« Stock mow VI Oom ttwge Stedi nan WH On* Oiaa** Allgreen 0 35 1850 -0.010 Hyflux 029 2200 -0.040 STErgg 164 3100 *0.040 Ascendasreit 1.03 2400 -0.030 JMH 3.10 21.100 -0400 STATSChP 035 1.180 >0 310 BILIntl 0.42 1.700 «0.010 JSH
      537 words
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  • MIDDLE EAST
    • Article
      Lock icon Bahrain's Investcorp eyes first Middle East assets
      411 17 It's creating a US$500m fund to acquire industries in the Persian Gulf Reuters [MANAMA] Investcorp, a Bahrain-based bank that has traditionally invested Gulf Arab wealth overseas, will for the first time target assets in the Middle East to tap booming oil-driven economies. The
      Reuters  -  411 words
    • Article
      Lock icon Kuwait telco MTC mulls bid for Pakistan's Paktel
      272 17 Reuters [KUWAITI Kuwait's Mobile Telecommunications Co (MTC), the third-largest Arab telecoms firm, said on Saturday that it is considering bidding for Pakistan's Paktel, a unit of Millicom. Luxembourg-based emerging markets operator Millicom said last month it expected to end its 16-year presence
      Reuters  -  272 words
    • Article, Illustration
      Lock icon Iraq seeks recall of Saddam's officers
      283 17 LAT-WP [BAGHDAD] Iraqi Prime Minister Nouri al-Maliki and his Shiite-dominated government reached out to former members of Saddam Hussein's regime on Saturday, inviting them to claim government pensions and rejoin the army in a gesture to calm the country's sectarian passions. "The Iraqi army
      LAT-WP  -  283 words
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      50 17 PENG KWEE 01-45 A PENINSULA PLAZA 6334 0155 02-90K PEOPLE'S PARK COMPLEX 6327 4628 01 -44 PEOPLES'S PARK CENTRE 6533 4619 01-45 BENCOOLEN 6333 1921 01 -46 PENINSULA PLAZA 6334 5929 01-51 ORCHARD PLAZA 6836 6608 01 53 LUCKY PLAZA 6732 3243 0% Interest instalment plan for Credit Cards available
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      647 17 ;*at^ S0 NOTICES IN THE MATTE* OF THE COMPANIES ACT; CHAPTER SO AND IN THE MATTER OF AQUILA INVESTMENTS PTE LTD COMPANY NO: *****5879Z (IN MEMBERS' VOLUNTARY LIQUIDATION) Extract of tli« Minutes of on Extraordinary General Meeting of AQUILA INVESTMENTS PTE LTD signed by the Representative of the Holding Company
      647 words
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      749 17 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND M THE MATTER OF X-RAY CUNIC PTE LTD Company RegKMion No. *****1326E (M MEMBERS' VOLUNTARY LJQUCATION) At an Exfraordtoary Oenersi Mealing of the members of X-Ray CMc Pts Ltd, duly convened and held at 122 MUdte Road #00-03 MUM Plaza
      749 words
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      738 17 IN THE MATTER Of THE COMPANIES ACT, CHAPTER 90 AND IN THE MATTER Of BELSHIPS (PAR EAST) SHIPPING (PTE) LTD (Co. Reg. No. 19M*****E) NOTKi Of RESOLUTION At an Extraordinary General Muling of Ik* members of BcUtipi (for East) Shipping (fit) lid duly convvotd ood held on 14 r fs#c#
      738 words
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      1719 17 "BOOMING $100 Million buSln«S»"Ex*-a<W from SPH The Sunday Tmihm 20 Aug 2006 j Earning $10,000* A Month is EASY Very low Franchise fees of just $4.70 a day (monthly $141} Over 1000 people JSS 100% Refundable franchise fees from Australia, UK, j Own a Successful Global Education Business PhMlyplnss,hn<a,Korea, Backed
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon Japan and China agree to hold annual energy talks
      473 18 The two nations seek to repair ties strained by rows over oil, gas fields Bloomberg [BEIJING] Japan and China, Asia's two-biggest energy users, agreed to hold annual ministerial-level talks as they seek to repair relations strained by territorial disputes over oil
      Bloomberg  -  473 words
    • Article
      Lock icon US curbs penny melting
      151 18 AFP [WASHINGTON] In a move to prevent speculators from hoarding coins for their metal value, the US government has drawn up regulations to clamp down on the practice. The US Mint last week implemented rules to limit exportation and melting of zinc-and-copper-based one-cent (penny) and five-cent
      AFP  -  151 words
    • Article
      Lock icon US dismay at Keidanren's stand on triangular mergers
      263 18 Bloomberg The Japanese are against tax-deferred share swaps [TOKYOI The American Chamber of Commerce in Japan has expressed dismay at the Japan Business Federation opposing its participation in a policy debate on tax treatment for triangular cross-border mergers. The Japan Business Federation,
      Bloomberg  -  263 words
    • Article, Illustration
      Lock icon Bernanke's Fed giving green-light to risk taking
      567 18 Reuters [NEW YORK] Thanks Ben! That appears to be the response from yield-seeking investors who are taking advantage of the Federal Reserve's decision last week to hold interest rates steady for the fourth straight time. Since the Federal Reserve last week characterised the
      Reuters; AFP  -  567 words
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      173 18 Aztech www.aztech.com IP Phone Diners Club Card To apply, call 6416 0980 A World ofExclusive Privileges Treats Diners Club ictctc.diners.com.sg V* *W International' ■k. w #r 4 I I jßuimgaiaCOl^^s, I INSANELY I i SOME PEdjP££ EVEN J^ffr I i^HT ff Poolside, level 4, above Tanglin Mall. B Reservations recommended,
      173 words
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      168 18 To Celebrate With A corporate gift, company dinner or just casual drinking, Le Vigne offers a large selection of wines for each occasion. Imported by *56,&~Vifne' 40 Holland Grove Rd. Tel: *****053 'v i)]( j% (Jriffm*S|vnd i Itis juvom wmholii <isln.il r ■with youi loved and 1 friends. I )<m
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  • WORLD
    • Article
      Lock icon Penn Nat'l makes bid for Harrah's
      488 19 World's biggest casino group already has US$16.2b offer from buyout firms [LAS VEGAS] Penn National Gaming Corp has made a bid for the world's largest casino company, Harrah's Entertainment, the Wall Street Journal reported on Friday Harrah's board met on Thursday to discuss another
      488 words
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      Lock icon Pre-Christmas weekend may boost spending
      474 19 LAT-WP PROCRASTINATORS will get a bonus this year: an entire weekend to shop in the final hours leading up to Christmas. And retailers are ready and eager. "That Friday-Saturday combination will be pretty powerful in terms of additional spending by consumers," said Wayne Best, an
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      Lock icon Pirates steer Hollywood to stellar '06
      798 19 AP [LOS ANGELES] In the real world, Hollywood's on the warpath to fight movie pirates who bootleg films. On screen, the town kind of owes its business turnaround in 2006 to a gang of pirates led by Johnny Depp. If not for the US$423
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    • Article
      Lock icon Alpine ski resorts feel the heat from global warming
      702 19 NYT [KTTZBUHEL, Austria] How balmy has it been in the Alps these last few months? At the bottom of the Hahnenkamm, the famously treacherous downhill course in this Austrian ski resort, the slope peters out into a grassy field. And it's
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    • Article
      Lock icon Time magazine picks 'Person of the Year' – You
      449 19 Time magazine picks 'Person of the Year' You Reuters [NEW YORK] You were named Time magazine "Person of the Year'' on Saturday for the explosive growth and influence of user-generated Internet content such as blogs, video-file sharing site You Tube and social network MySpace. "For seizing the reins of the
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  • SHIPPING/TRANSPORT
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      Lock icon Paris tramway rumbles back in action
      504 20 AFP [PARIS] In a bid to cut urban pollution and traffic congestion, the Paris tramway rumbled back into business on Saturday as one of the city's biggest, albeit controversial, transport projects in decades. "We need to respond to pollution with action, it's a necessity
      AFP  -  504 words
    • Article
      Lock icon BP Shipping charters new tanker as it revamps fleet
      388 20 Double-hulled oil product vessel due for delivery in 2009 Reuters [NEW YORK] BP Shipping chartered a new 45,000tonne capacity oil product tanker under a long-term contract with U.S. Shipping Partners LP, reinforcing its plan to increase its usage of double-hulled tankers,
      Reuters  -  388 words
    • Article
      Lock icon US Gulf fog lifts, lets oil ships into some ports
      270 20 Reuters [HOUSTON] A siege of fog that has halted shipping at several ports along the United States Gulf Coast broke on Saturday, allowing some ships carrying crude oil and refined products to move, ship pilots said. "We had approximately 10
      Reuters  -  270 words
    • Article
      Lock icon US court rules against Daimler, unit in fraud case
      400 20 Freightliner found liable for shifting assets to avoid a legal judgment Reuters [LOS ANGELES] A US court has ordered DaimlerChrysler AG and its heavy truckmaking unit Freightliner LLC to pay more than US$BOO million in a tangled multinational fraud case, The
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      Lock icon India to invest in Myanmar's Sittwe port
      181 20 Xinhua [NEW DELHI] India will invest 4.5 billion rupees (*****.8 million) in developing Myanmar's Sittwe port to connect north-east India with East Asia, a senior Indian official said on Saturday. The project will start next month and be completed within the next three
      Xinhua  -  181 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2071 20 an ruon eta fugmt m> SEE 5Q43S 04 tO 8G87 061S IW71 1740 LH9770 2350 Jj| M t|||. |jj> mx» 1740 <0269 2350 NZ43S5 0715 EK349 0010 in.hiri.Mi Tmofi 0645 USX vns ***** 15 1X2349 0010 5QJ23 0645 L***** 234S EMM 1345 EM0S 0220 KL837 1605
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  • Page 20 Miscellaneous
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      334 20 CRYPTIC CROSSWORD 7 Protestants upset to leave part IH IH 8 Unseemly it encapsulates sleep 10 Solicitor drops the alternative -^HiT~r^|—Ti""""i|—ii approach (6) I I I I I It's strikers fired up old players |mJ— —|mJ uncontrollable bladder (6) 14 Sound of a whale a game 16 Flutter with a
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  • Article
    Lock icon SINGAPORE STOCKS
    10695 21 SGX MAINBOARP 52 Wk Tal Last Vol Week List Quote Dtv GrYtd Met MCob lam Code Comfy Soto (*000) Mg>i tow lnyer Se>er Cw HI hi 3.5 1 5716 1st Software 2.S -0.5 975 3 2.5 2.5 3 10.1 115 i 3148 8Tetecocn 8.5 -1 2426 9.5 85
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  • Page 21 Advertisements
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      35 21 Trad© from 20% deposit (5 x leverage) on most stocks Go Jong or short Competitive financing rates in alt markets Access to Asian, US, Euro stocks Select Exchange Traded Funds and Indices Competitive Commission charges
      35 words
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  • Article
    Lock icon FINANCE & COMMODITIES
    6342 22 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES la local cm In tt ht Utt dy JT dy %j» dy *yr Dx 15 inOax Oang« Oianga Chanpa Chang* O»aofl» Oianga Wottdlndw Preliminary 1102.7 03 13.7 03 9.6 0.1 18J t EAfE Prelimmary lt014 05 132 03 13.7 0.0 22.6 Europe Preliminary
    6,342 words
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      922 23 UK CONTINENT SERVICE U.B.A SERVICE Destination Destination DD SUCCESS RDM/ATW/BMN/TLB/NAN MATIRA CAM/NFK/NCX/SAV Loads Singapore, E./W. Mqloytiq, Indontiq load, E./W. lndon«ia MIDPLE.E*»T SERVICE RijMx SERVICE Destination J SAFE DBI/ABU/DOH/BRN/DMM/KWT Destination PAN BRIGHT JDH/AQA/DMT STX PO TBN INC/BSN ASEAN GLORY DBI/ABU/DOH/BRN/DMM/KWT Loads Singapore, E./W. Malaysia, Indonesia Loads E. Malaysia, Indonesia OTHER SERVICES
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      505 23 |gl PONCNAMA UWE] Vissa OVERT SIM) VOT SOP' HRG ROTA HAIMIIM HM3I3 14/12 20/12 ROIAHASR NAS439 31/12 1 04/01 VBSaSVBTSUN) VOT SflP MMORI)IRT TOR 1001 MOIFORTUNI ***** 24/12 21/12 01/01 02/01 04/01 TM ***** 31/12 04/01 00/01 09/01 11/01 VtSS&ffVBTRQ VOT |SOP HR« MC RWT PUS CONTIOARCHONA 0440 M 24/12
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      584 23 T HBCHUK) m KOI IP j SW 1 JW I OKMDEXfKSSn SO 4i 23/12 24/1? STRAITS EXrtESS 10 30 4 01/01 02/01 04/01 |*j»mmAN«oto service j msa/vor m»kd hbohwi to m m sn> mm hi jkt sw ui^ HStt/031 SO 4i 19-19/11 0343/12 05-05/12 07-01/12 10-10/12 17-17/12 24-25/12 27-29/12 rosmwiftta/oos
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      41 23 I P. T. EUAKARTA LLOYD (PERSERO) I AUSTRALIA FULL CONTAINIR SERVICE Amama *****11/*****/021 121/*****/*****/*****/03 FT Djakarta Lloyd (Singapore) Pte Ud Operator Cock: DL CR NO. **********00 10 Amw toed #32-02 Feji Xerox Town, Singaport 07W07 Tel: 6221 3202 Fox: 6221 3079
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      1544 24 WAN HAJINTHUMATTONAL Pll LTD aKa iuwwooo/1 .'V ■■■> si 11 ltlP|i *****588 (14IMS) FAX:*****163 Y\M4 > WAN HA I INF> C«»o«wSvvfcf/looktapDfrtctUm-(1800)*****200 V 11 V fllfll bllibJ Htw:<M>n<iMiiHtt:wncnMwi«:»oawaoim><nw»w V «IHBI)S»i«7SW:WI)JW7U/WIJM WWW wanhai cam <a JKT 1& (021) S2S4IM HUL (DID SS47M PillIR: *****0/***** WI: ****** www.wannni.tßm.tg B^B41)41S7Q»l«UI:|Otl)4l»rB/41«HOO _rau m wo _ag
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      1113 24 |Tjn EASTERN CAR LINER, LTD ||f A SPtOAUZE IN ROttO 4 HEAVY UfT UPTO 4SO TOWS [MTM-*SUsaVKl|vor Ir«J uhhgl SM Iff MOO I KUW) IMN I XT I SUI I LO INM ITU KOTA UNAIAUI lozoi n —lo —m fI7TT I —«7fri»7n mmm —I—s1 —55 jjftr— r —t I -gm
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      576 24 w WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICO POINTS vista vot m rtum cotawo n swv* cotooMT" iaiiahabu "oiiST udk i3dh udk udk ?3dk BWFfIWAU ffMDW UDK ft DK HDH 2tDK 30DK howmhw oosm mdk ?7dk »dh o?jam o*lmi also aopim fq to coo*, tutkohn
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  • THE BUSINESS TIMES SHIPPING TIMES
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      Lock icon THE BUSINESS TIMES SHIPPING GUIDE EXPORT
      6326 25 This ETA ETA Advertiser Vessel Voyage Telephone HA HA Afrartlw Voael Voyage Tlliptllll l SIN DaM'a Nana Name Number Maabar SIN DafCn Name Name Maabar Naabar 3QTI2 03/01 Nortrans ASIA EXPRESS I 265A *****776/86 To ABIDJAN (ABJ) 2003 Cote D'lvoire 01/01 04/01 Sinokor merkur
      6,326 words
  • Page 25 Advertisements
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      567 25 I VESSEL VQY PKL I SIN I KARACHI PXB I BAB I DMM BIK KHOU IRAN SATTARI PCL 8177 18/12 20/12 29/12 01/01 02/01 08/01 10/01 12/01 IRAN SHAHRYAR PCL 8178 23/12 24/12 02/01 03/01 06/01 12/01 14/01 16/01 IRAN KORDCSTAN PCL 8180 02/01 03/01 12/01 13/01 16/01 22/01 24/01
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      256 25 ffltH iS Uta PMHNtAN !jm ga ==^^r==ii= PKIUM llUi 11/11 lf/» WtHJUI WW ***** ***** -RCTWRT NHBB H7TI N7T? 1 T4 H7Ti H7TI 111 J_M\ imm* 29i nm SKSfflitt,, gtt il# ISA! Wfll amioinMW MS LggwwsMi |wn7»|i7/»i |w/ai a/ii n/ai vtssa vot an nam cumk ovttagong Vwtd *|p,■ I d
      256 words
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      286 25 CONVENTIONAL SERVICE ETA SIN LOADING FOR 23 DEC DUBAI, DAMMAM, KUWAIT 30 DEC MALE, COLOMBO 30 DEC CHENNAI 04 JAN SHARJAH, DAMMAM, DOHA, KUWAIT 06 JAN BOMBAY r^ILOTfIJAVIGATI'oNGROUpI I( sma H7O OWNS A OPERATES THE YOUNGEST FLEET WITH TWELVE 7,000 DWT TWEEN DECKERS I COVERING THE ENTIRE ASIA PACIFIC PORTS
      286 words
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  • BizIT
    • Article
      Lock icon Applications the main driver of innovation
      625 27  -  <you say> Unified communications is set to become a major opportunity for organisations By MARK LEIGH LAST week, there was much discussion in the industry about how innovation is enabled by the network. We beg to differ. We believe that in the next five
      625 words
    • Article
      Lock icon Trend Micro to launch new anti-spam software
      295 27 Reuters [BOSTON] Japanese software maker Trend Micro Inc has developed technology to help thwart a form of spam that's tough to crack e-mail sent in the form of scanned images, a senior executive said on Friday. Spam filters are generally efficient in scanning
      Reuters  -  295 words
    • Article, Illustration
      Lock icon SCi to develop Batman, Bugs Bunny games
      250 27 Bloomberg [LONDON] SCi Entertainment Group Pic, the UK maker of the Tomb Raider video game, will develop cartoon characters Bugs Bunny and Batman for its computer games after Warner Bros Entertainment bought a stake in the company. Warner Bros, a division of Time
      Bloomberg; FILE PHOTO  -  250 words
    • Article
      Lock icon Malaysia launches new Internet infrastructure
      218 27 AP [KUALA LUMPUR] Malaysia's government has started operating a new computer hub to help Internet service providers reduce their reliance on overseas servers, the national news agency reported. The move could help Malaysia save some RM2.36 billion (551.02 billion) in foreign exchange losses from foreign
      AP  -  218 words
    • Article
      Lock icon Google in new service to register website addresses
      148 27 AP [MOUNTAIN VIEW, California] Google Inc on Friday will join the crowded field of services registering website addresses in a move aimed at encouraging more usage of the online search leader's free software products. The Mountain Viewbased company is offering its latest
      AP  -  148 words
    • <what's up>
      • Article
        Lock icon Asia's network security market up
        99 27 AFTER a disappointing performance in the first three months of this year, the regional network security market has rebounded to post a growth of 3.2 per cent in the second quarter of this year, according to Frost and Sullivan. The research firm says countries like
        99 words
      • Article
        Lock icon HP opens new SOA centre in Singapore
        78 27 HEWLETT-PACKARD has opened a new SOA (services-oriented architecture) centre in Singapore to showcase its capabilities in this area. The new facility is part of a US$5OO million global investment the company has set aside to promote SOA-related initiatives. According to HP, the centre
        78 words
      • Article
        Lock icon Informatica beefs up Asia-Pacific team
        89 27 DATA integration software provider Informatica has added three new members to its management team in the Asia-Pacific region. Joel Momberger has been appointed the firm's managing director for its operations in South-east Asia and India. Bernard Can will assume the role of Informatica's regional manager
        89 words
      • Article
        Lock icon Avaya joins hands with ECS Computers
        32 27  -  Compiled by WINSTON CHAI NETWORKING gear maker Avaya has inked an agreement with Singapore-based ECS Computers to jointly offer communications solutions aimed at mid-sized companies here.
        32 words
    • Article
      Lock icon DSL growth outpaces cable in Singapore
      339 27  -  By ROLAND LIM MORE broadband subscribers in Singapore have chosen digital subscriber line (DSL) subscriptions over cable modem subscriptions, echoing a global trend reported by research house Point Topic. According to statistics from the Infocomm Development Authority of Singapore's website, DSL subscriptions grew 21.7
      339 words
    • Article
      Lock icon Detica developing insider-trading detection software
      272 27 Bloomberg [LONDON] Detica Group Pic, a computer services provider whose clients include Vodafone Group Pic, is working with the UK's Financial Services Authority (FSA) to develop software capable of detecting insider trading. Detica will develop a computer program that monitors transactions in real time and
      Bloomberg  -  272 words
    • Article
      Lock icon Dell eyes public sector for growth
      677 28  -  It has a great chance in $2b govt deal as it supports most groups bidding for SOE tender, writes WINSTON CHAI WINSTON CHAI DELL has earmarked the government sector as a major opportunity for future growth in Singapore and the region a target that
      677 words
    • <what's new>
      • Article, Illustration
        Lock icon Motorola's new sharpshooter
        108 28 MOTOROLA has launched the MOTORIZR Z3, a new slider handset featuring a two-megapixel built-in camera. It incorporates digital imaging enhancements like a high-intensity camera light, programmed point and shoot keys as well as a full screen viewfinder. The slim phone also promises a host of other multimedia
        108 words
      • Article
        Lock icon D-Link unveils new high-speed router
        87 28 D-LINK has unveiled its Xtreme N Gigabit Router DIR-655, its most powerful home networking product to date. The product supports the draft 802.1 In wireless networking specifications which means users can expect a significant speed boost for surfing and Internet gaming. Targeted at small businesses
        87 words
      • Article
        Lock icon 'Walk the talk'at the National Museum
        73 28 ALONGSIDE its recent refurbishment, the National Museum of Singapore has launched a new tool which offers visitors a guided tour of the premises through their mobile phones. Called "Walk the talk", the service is supported by mobile operator Star Hub. It allows visitors to
        73 words
      • Article
        Lock icon Microsoft offers care package for PC users
        94 28  -  Compiled by WINSTON CHAI MICROSOFT has launched a free trial version of Windows One Care, an integrated suite of security and system maintenance tools for computer owners. From now till Dec 31, consumers can download a free beta version of the product at
        94 words
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  • Page 28 Advertisements
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      354 28 ttT sts V•' 5 -;:v u, r li*. imagine a display of brilliant decision making Reputed for its award-winning LCD panels, Samsung has once again put together performance I jti&jt and Quality in its network monitors. Samsung's Magic Net X solutions allow you to 'puß' and 'push' information centrally using
      354 words
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      Lock icon Page 28 Advertisements Column 2
      5 28 YOU SAY Applications drive innovatioaPG27
      5 words