The Business Times, 27 December 2006
This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.
2006-12-27
1
28
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section20 2006-12-27 1 THE BUSINESS TIMES online at http://business-times.asial.com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION MICA (P) 099*03/2006 Wednesday, December 27,2006 SINGAPORE 85 cents20 words
-
Article, Illustration883 2006-12-27 1 CONRAD TAN - Value of deals tops $14b this year, a near doubling of the amount in 2005 By CONRAD TAN [SINGAPORE] Activity in Singapore's equity capital market has hit a record high this year, driven by new listings and stock placements that were substantially larger883 words
-
Article130 2006-12-27 1 STI 2.942.53 (+0.14) ST INDEX FUTURES 2,943.00 (unch) SIMSCI ***** (-0.20) SIMSCI FUTURES 35&40 (-0.70) MARKETS Tuesday Change KLCOMP 1.078.15 -1.57 NIKKEI 225 17.169.19 +76.30 HANG SENG Clostd SET INDEX 688.72 >4.40 JAKARTA COMP 1.783.979 -1.781 MANILA COMP Clostd SEOUL COMP 1.433.92 -3.57 SHENZHEN 8 422.43 -0.71 MUMBAIIND130 words
-
Article, Illustration453 2006-12-27 1 Officials face charges for not levying tax on share transfers within ex-PM's family AP AFP Bloomberg {BANGKOK] Thailand's finance ministry has axed five taxmen over unpaid taxes on Shin Corp share purchases by the family of ousted premier Thaksin Shinawatra, whoAP; AFP; Bloomberg - 453 words
-
Page 1 Advertisements
-
Advertisement72 2006-12-27 1 Riverfront attraction reopens to Brazilian beat LUXURY CARS S'pore miles ahead POWER FAILURE Cause of the disruption to Senoko's gas supply PAGE 9 INTERNET ACCESS 2007: The year of the wireless PAGE 3 NATURE'S WRATH pageii REUTERS Malaysian floods death toll rises to 8. Floodwaters receding in Indonesia, 100 dead72 words
-
-
TOP STORIES
-
713 2006-12-27 2 CHUANG PECK MING - OUTLOOK FOR 2007: JOBS Attracting and retaining talent will be an issue for many companies By CHUANG PECK MING [SINGAPORE] The verdict is virtually unanimous when it comes to the outlook for jobs in 2007 the labour jnarket will continue to be713 words
-
Article57 2006-12-27 2 4N "Asia Capital Re may boost funds to US$l billion" (BT, pec 22), we said Khazanah Nasional and Asia Capital Reinsurance Group had set up a local reinsurance joint venture in Malaysia. Although the parties have said they would set up such a venture, it is yet to be57 words
-
705 2006-12-27 2 CHUANG PECK MING - By CHUANG PECK MING [SINGAPORE] After a busy quarter on Wall Street in April to June, Singapore investors are now seen to have wound down trading in the following three months, dumping some US$l.9l billion worth of stocks along the way.705 words
-
Article463 2006-12-27 2 Bankruptcies fall as S'pore economy revs up FEWER people qre going bankrupt as Singapore's economy continues to improve. The number of individual bankruptcy petitions in the first 10 months of this year fell almost 17 per cent year on year, according to the latest figures from the Insolvency463 words
-
Article491 2006-12-27 2 Reuters [SHANGHAI] Chinese brokerages, which have long suffered a stagnant market, will earn trade commissions of more than 30 billion yuan (555.9 billion) this year as stock market turnover tripled, a report said yesterday. Fees from underwriting public offerings of shares and convertible bonds andReuters - 491 words
-
490 2006-12-27 3 DANIEL BUENAS - Petitions down 17% in Jan-Oct but number of undischarged rising By DANIEL BUENAS [SINGAPORE] Fewer people are going bankrupt as Singapore's economy continues to improve. The number of individual bankruptcy petitions in the first 10 months of this year fell almost 17 per490 words
-
715 2006-12-27 3 SIOW LI SEN - OUTLOOK FOR 2007: TECHNOLOGY By SIOW LI SEN [SINGAPORE] Ask any young person who invented wireless and "huh?" will be the common response, followed by "you mean the Internet" and "who cares anyway". It's hard to blame them when Wireless@SG the nationwide move to provide715 words
-
-
Page 2 Advertisements
-
Advertisement50 2006-12-27 2 r. •< 4 irJHK t W—' wyM -r LADIES' NIGHT THE RACES I SMeetb tyPeAt" 4 Friday, 29 December 2006 Singapore Racecourse mm w m fT a an r M iTfi j IHM H H ■HI S I N G A Supported by: rrs MORE EXCmNG WITH HORSED! s^ssssrismi(osimd #ssis50 words
-
Advertisement12 2006-12-27 2 neonle Hunting season has begun. (Target: Private Bankers) www.thepeopleatwork.com Asia-Pacific Executive Search12 words
-
-
Page 3 Advertisements
-
Advertisement22 2006-12-27 3 HOT IPO Attract more interest from investors. Place your IPO notice in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. k.22 words
-
Advertisement77 2006-12-27 3 ftdj I i jjj£^| «~SbB^HE^EHEI^P a ,^HH|^HH|^H^H^CHHHHh^SHH JpliliJl" iWw'f'- 5' j JjpSP: .^^^f^^nUHHHI^HI^H^H^HMHH^H^^H^HIHIIIHHHHI^HHIHHBHHHjHHI Available at: AU Watches Wisma Atria Tel: 6733 2823 FJ BENJAMIN Cortina Watch Millenia Walk Tel: 6339 1728 Dickson Watch Jewellery Wisma Atria Tel: 6732 8900 Suntec City Tel: 6336 4871 Exclusive Distributor and Service Centre Tel:77 words
-
-
COMPANY NEWS
-
Article, Illustration826 2006-12-27 4 MICHELLE QUAH - HOCK LOCK SIEW By MICHELLE QUAH THE Singapore Exchange (SGX) last week took a big leap forward in promoting good corporate transparency and disclosure in Singapore, when it made the unprecedented move of revealing its CEO's detailed pay package, the basis of hisFILE PHOTO - 826 words
-
Article4387 2006-12-27 4 UNIT TRUSTS FUNDS ABEmgMktsBuso ».<» AS Amet Income AT SGO i. ABAmer Income BT SGD 13.51/ •AM Amro tall Mgt (S para) ABAmw Income AT USD 1.7« g» Europe Eqty!" ***** AB Aim Income ST USD- 1.77/ SMEuropeBond 1-201/ AB Am Income A USD ITS 'SjrEuropeM 12» AS Amer Income4,387 words
-
Article, Illustration564 2006-12-27 5 CONRAD RAJ - Move follows recent appointment of new chief executive officer By CONRAD RAJ NEPTUNE Orient Lines, the national carrier, has strengthened its current 10-men board by adding three more non-executive directors yesterday including the number two at parent Temasek Holdings, Simon Israel. Appointed together with564 words
-
491 2006-12-27 5 KALPANA RASHIWALA - By KALPANA RASHIWALA CAPITALAND continues to expand in China, with its 50:50 partnership with Chengdu Zhixin Industrial Co bagging its maiden residential site in a government land tender yesterday. It paid 251.9 million yuan (5549.9 million) for the site. The 2.2 million square491 words
-
183 2006-12-27 5 Bloomberg [SHANGHAI] HSBC Holdings, Citigroup Inc, DBS Bank and six other foreign banks won approval to prepare for local incorporation in China. The lenders control 34 per cent of the branches set up by foreign banks in the country, the China Banking Regulatory CommissionBloomberg - 183 words
-
-
Page 4 Advertisements
-
Advertisement35 2006-12-27 4 You can now use your CPF savings to invest in AllianzGI Global Allianz (m) Hiqh Payout Fund, Visit our appointed distributors for more details. Global |nve5tors I w J II company regn no *****7169Z -j35 words
-
-
Page 5 Advertisements
-
Advertisement166 2006-12-27 5 Jill m m ft HIT UNITED OVERSEAS BANK United Behind You Terms Conditions: Based on published interest rates as at 22 December 2006. 'Promotional rates apply to individuals only and are for a minimum deposit of U5525,000 and up to a maximum of US$l,OOO,OOO (or equivalent), held to maturity. Deposits166 words
-
-
SINGAPORE MARKETS
-
Article, Illustration537 2006-12-27 6 R SIVANITHY - STOCKS It sees 19 out of day's most active stocks priced under $1; Hongguo and Hengxin Technology provide some cheer R SIVANITHY Senior Correspondent IF the stock market were a patient, it would have presented a strong case for mercy killing or at leastSource: Bloomberg - 537 words
-
Article, Illustration1012 2006-12-27 6 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS (Disclosures made on Dec 26 and earlier) 4 Subsantial No of Price SHAREHOLDING Trans Shareholder/ BuyI Shares Per Before After Stock Date Director Sell '000 Shr < ('000) C000) Chuan Soon Huat 22-Dec-06 Chuan Soon Huat Inw PL *Sell 294 0.07 ***** 22.62 *****1,012 words
-
Article1064 2006-12-27 6 CONRAD TAN - Compiled by CONRAD TAN Yaan Security Technology Dec 26 dose: 19 cents DBS GROUP RESEARCH. Dec 22 YAAN has started marketing its new products, a dual-camera surveillance dome and an auto-patrol-ling surveillance robot We believe these products to be a breakthrough for Yaan as both are firsts of1,064 words
-
Article, Illustration421 2006-12-27 6 CURRENCIES AFP [TOKYOI The US dollar edged up against the yen but slipped against the euro in Asian trade yesterday after mixed economic data in Japan and signals of further rate hikes in the eurozone, dealers said. Volumes were thin during theAFP; REUTERS - 421 words
-
-
COMPANY NEWS
-
410 2006-12-27 7 CONRAD RAJ - AGM WATCH Shareholders defeat resolution calling for asset distribution in event of delisting By CONRAD RAJ THE shareholders of Vantage Corporation obviously want to keep the company listed as they defeated a resolution at an extraordinary general meeting of the company yesterday to410 words
-
304 2006-12-27 7 UMA SHANKARI - Purchase brings value of trust's portfolio to $609m By UMA SHANKARI CAMBRIDGE Industrial Trust (CIT) yesterday announced that it has agreed to buy part of an industrial building at Hillview Avenue for $72.2 million. The trust said that it will buy 97304 words
-
283 2006-12-27 7 WEE LI-EN - By WEE LI-EN INFORMATICS Education has proposed a capital reduction to write off some $60.47 million in accumulated losses and a rights issue to raise between $5 million and $16 million. The education services provider said yesterday that its capital reduction move is to283 words
-
223 2006-12-27 7 MATTHEW PHAN - By MATTHEW PHAN ROTARY Engineering, a provider of engineering, procurement and construction (EPC) and maintenance services to the oil and gas and petrochemical industries, has secured EPC contracts worth 126 million in Thailand. The contracts will see Rotary build a process plant223 words
-
238 2006-12-27 7 OVERSEAS Union Enterprise (OUE), controlled by a Lippo-Ananda Krishnan consortium, yesterday said it has been granted an option to purchase The Parisian at 21 Angullia Park through a $228.1 million collective sale. This confirms an earlier BT report. OUE said yesterday238 words
-
Article534 2006-12-27 7 KEPPEL Land directors and their families spent $26.4 million buying units at its highly sought after Marina Bay Residences, which sold out completely two weeks ago. In a statement yesterday, Keppel Land said managing director Kevin Wong and directors including Lim Ho Kee, Lee Ai Ming534 words
-
346 2006-12-27 7 CONRAD RAJ - By CONRAD RAJ HIGH oil prices are continuing to keep Singapore's shipyards busy, with SembCorp Marine (SembMarine) yesterday announcing that its wholly owned subsidiary, Jurong Shipyard, had clinched another two contracts worth US$5B million. This brings SembMarine's order book to a whopping $6.6 billion, enough346 words
-
COMPANY BRIEFS
-
52 2006-12-27 7 SINGAPORE Computer Systems has implemented a $750,000 integrated hospital information system for Jurong Medical Centre (JMC), a one-stop health hub providing services like outpatient specialist, diagnostic and day-surgery services. The system will provide timely information to support decision-making and streamline processes for healthcare practitioners52 words
-
44 2006-12-27 7 SEATOWN Corporation Ltd yesterday announced the resignation of See Chee Beng as a director of the company with effect from Dec 20, 2006. As a consequence, Mr See will be relinquishing his position as chairman of the company.44 words
-
30 2006-12-27 7 AURIC Pacific Group Limited said its unit Auric Pacific Enterprise Pte Ltd had acquired 19 million shares in China Energy Limited on Dec 13,2006.30 words
-
-
-
Page 7 Advertisements
-
Advertisement166 2006-12-27 7 Of course, you can go on to buy a bigger SUV. But wouldjttiat bgDralitically correct? With the Terios 1.5 L Crossover, you can be more socially responsible. Up till now, most SUVs are large, thirsty behemoths that seldom leave the paved roads. They give their drivers an HV2^ijfjjfIVI1VI extra measure166 words
-
-
SINGAPORE NEWS
-
391 2006-12-27 8 CHUANG PECK MING - By CHUANG PECK MING >£RICES are likely to have •*§dged up in December as Retailers reported bumper •'sales this Christmas, wrapping up the year with •tkigher inflation. While November's conTsumer price index (CPI) reHpained unchanged from COctober, last month's 'prices were 0.5391 words
-
Article, Illustration500 2006-12-27 8 ANNA TEO - ECONOMIC INDICATORS Growth powered by pharmaceuticals, up 46%, transport engg, up 23.5% By ANNA TEO DESPITE a third month with electronics in the red, total industrial output exceeded expectations with a near-15 per cent growth in November. The surge came as inFILE PHOTO - 500 words
-
495 2006-12-27 9 KELVIN HAN - Petronas, Senoko Power still investigating exact cause; outcome expected in next few weeks By KELVIN HAN MALAYSIA'S national oil and gas corporation Petroliam Nasional (Petronas) has disclosed that the disruption in the gas supply to Senoko power station, which caused a 45-minute blackout in seven495 words
-
Article, Illustration277 2006-12-27 9 THE current chilly weather was an appropriate setting for the SPH Foundation's adoption of Inuka the polar bear for the year 2007. The commitment was made at the bear's 16th birthday celebrations at the Singapore Zoo yesterday. The event was the culmination of a series277 words
-
Article, Illustration494 2006-12-27 9 ARTHUR LEE - By ARTHUR LEE CLARKE Quay officially reopened last evening to the rhythm of pretty Brazilian dancers and macho Brazilian martial arts performers known as Capoeira. They performed traditional dances accompanied by a group of rhythm percussionists. The troupe will perform every evening from 8ARTHUR LEE - 494 words
-
-
Page 8 Advertisements
-
Advertisement1082 2006-12-27 8 p "While the world is IJ H getting smaller, the fl distance between p people seems to be K growing. People are j I DBlO 1; becoming too self- H Take 3.5G connectivity I centred...placing too H with you. i much importance on H IIOrNOA II I XIX HSDPA (3.5G)1,082 words
-
Advertisement522 2006-12-27 8 M THE MATTER OF THE COMMMEB ACT, CAP. 50 AND M THE MATTER OF' MERCHANT VENTURE MVESTMENTS (SMQAPORE) PTE LTD (RegMratton No. 1M004C77D) Statutory Didnllon By Dincton Of Company's lru#t>ilrty to Continue Bueineee By Reaeon Of to IMNn LOAN BROSTRO* ofc/b 331 North Bridge Road, 106-06 Odeon Towers. Singapore *****0,522 words
-
Advertisement411 2006-12-27 8 In the Matter of the Compel tee Act (Cap. SO, ISM Ed) And In the Matter at SIN SENQ HW ENGINEERING PRIVATE LIMITED i Company nagtoUteton No. *****3619 M) (Incorporated In la RspuMc of Singapore) NOTICE OF RESOLUTION At an Extraorffinary General Meeting of tha members of tha abovenamed Company411 words
-
Advertisement501 2006-12-27 8 INTHEMATTHtOF THE COMPANIES ACT, CAP. 50 AND IN IHE MATTER OF PACIFIC CONTAINER A OODOWN (SINGAPORE) PTE LTD (Co. Reg. No. I*****134H) NOTICE OF RESOLUTIONS FOR MEMBERS' VOLUNTARY WINDING UP (PURSUANT TO SECTION 290) At an Extraordinary General Meeting of the member, of PACIFIC CONTAINER GODOWN (SINGAPORE) PTE LTD dvly501 words
-
Advertisement493 2006-12-27 8 IN THE MATTER Of THE COMPANIES ACT, CA?. 50 AND IN THE MATTER OF SINGAPORE CONTAINER MAINTENANCE PTE LTD (Co. Rag. No. *****1478K) NOTICE Of RESOLUTIONS fOR MEMBERS' VOLUNTARY WINDING UP (PURSUANT TO SECTION 290) At on Extraordinary General Mealing of the member, of SINGAPORE CONTAINER MAINTENANCE PTE LTD duly493 words
-
Advertisement440 2006-12-27 8 In Via Matter of the Compwiiee Art (Cap. 50,19 M Ed) And In the Matter of 8M SENG HM ENGINEERING PRIVATE UMtTED I Company Regjetrdion No *****3619 M) (Incorporated In la RipuMc of Singapore) NOTICE OF RESOLUTION AlaMeaflngofcredtocßoflheatovenamed Company duly convened and held at 16 Raffles Quay #22-00, Hong Leong440 words
-
-
Page 9 Advertisements
-
Advertisement230 2006-12-27 9 tS? NOTICES Toll free 1800-289-8822 Email: notices@sph.com.sg IN THE MATTER Of THE COMPANIES ACT, CAP. 90 AND IN THE MATTER OF STAN DO X SOUTH EAST ASIA PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) Co. Rag. No.: *****1943N NOTICE IS HEREBY GIVEN pursuont to Section 308(1) of the Componiet Act, Cop.230 words
-
Advertisement819 2006-12-27 9 In tha Matter of the Companiee Act (Cap. SO, IM4 Ed) And In the Matter of SIN SENO HIN ENGINEERING PRIVATE LIMITED (Company Reglatration No. *****3619 M) (Incorporated In tha RapubMc of Singapore) NOTICE IS HEREBY GIVEN that tha creditors of the abovenamed Company, which is balng wound up voluntarily819 words
-
Advertisement539 2006-12-27 9 IN THE MATTER OF SECTION 290 OF THE COMPANIES AfT (CAP. 50) AND IN THE MATTER OF HEALTH SCIENCE INC PTE LTD (Company Registration No: *****2909N) ("the Company") NOTICE OF SPECIAL RESOLUTION FOR MEMBERS' VOLUNTARY WINDING-UP At an Extraordinary General Meeting of the members of the above-named Company, duly convened539 words
-
ECONOMY WATCH
-
Article, Illustration501 2006-12-27 10 ANTHONY ROWLEY - Consumer prices rise a modest 0.2% in Nov, household spending falls 0.7% By ANTHONY ROWLEY in Tokyo PROSPECTS for a hike in Japanese interest rates early in the New Year appeared to have receded further yesterday after official data showed that coreBLOOMBERG - 501 words
-
559 2006-12-27 10 NYT [GENEVA] The international trade system is heading for turbulent times next year unless negotiators from developing and industrial nations move quickly, and decisively, to conclude a deal, top officials and business executives warn. "I think it's probably a defining yearNYT - 559 words
-
Article, Illustration591 2006-12-27 10 AFP Reuters [BEUING] China's economy is expected to grow by 9.5 per cent next year, realising the government's goal of achieving "steady but fast" growth, state media reported yesterday, citing a top government think-tank. The slowdown from this year's estimated 10.5 perAFP; Reuters; REUTERS - 591 words
-
602 2006-12-27 10 Bernama [KUALA LUMPUR] The Malaysian economy will continue to remain resilient with support from East Asia although global growth is projected to be slower in 2007, according to a thinktank here. The Malaysian Institute of Economic Research (Mier), in its outlook for the MalaysianBernama - 602 words
-
286 2006-12-27 10 AFP [HANOI] Vietnam's trade deficit in 2006 is estimated at US$4.Bl billion, an increase compared with last year but still considered a positive result as Vietnam joins the World Trade Organisation (WTO) next month. The country earned U5539.60 billion from exports while spendingAFP - 286 words
-
-
Page 10 Advertisements
-
Advertisement75 2006-12-27 10 •*****M0 I More rooms for I creative I J radial I advertising S r «Ho 97(31 S S"of' S all g 9 eaLT' Radi 91 3 K 8 K J9 adv ertise@?J J,°g l e ,a tell us your advertisina A Coni P solutions. cr eat/ve K 5 FHKf ®SSIPP75 words
-
-
MALAYSIA/INDONESIA
-
Article, Illustration443 2006-12-27 11 NATURAL DISASTERS Crocodiles escape farm; victims may face months without power AFP [KUALA LUMPUR] The death toll from floods in Malaysia has risen to eight with the death of an Indonesian worker, while the search for a missing youth continues, police said yesterday.AFP; REUTERS - 443 words
-
219 2006-12-27 11 Reuters [JAKARTA] Deadly floodwaters in north-western Indonesia have begun to recede but authorities said yesterday at least 100 people had been killed and they were searching remote areas for up to 200 people still missing. Floods and subsequent landslides have killed at least 100Reuters - 219 words
-
529 2006-12-27 11 Reuters [ULEE LHEUE, Indonesia] Thousands of people lit candles, visited mass graves and observed two minutes of silence yesterday, two years after an unprecedented tsunami pulverised villages along the Indian Ocean and killed 230,000 people. At a mosque in Ulee Lheue, Aceh, theReuters - 529 words
-
115 2006-12-27 11 SINGAPORE has not been spared from floods although the damage has not been as extensive as in neighbouring Malaysia or Indonesia. Singapore's national water agency Public Utilities Board (PUB) said that despite yesterday's continuous rain, there have been no new floods so far115 words
-
Article2227 2006-12-27 11 VOl Gamuda Ml unch 232 DecJB KM W- COBB) General Corp 0.65 -0.01 19 Genbng 3135 unch 630 AftMReetty 134 unetl 0 GeorgeKent 0J7 unch 16 Abric 0J0 unch 11 GHlSysMms A32 -0X1 604 ACP Industries 171 0.02 116 GlobetronioTath 030 0.01 390 Advanca Synergy 023 -0X1 2962,227 words
-
275 2006-12-27 11 Bernama [KUALA LUMPUR] Alliance Bank will continue to leverage on its foundation in commercial banking to cross-sell other products, says group chief executive officer Bridget Lai. She said the bank will work on drawing synergies from the group's consumer, commercial, investment and IslamicBernama - 275 words
-
373 2006-12-27 11 [KUALA LUMPUR] Permodalan Nasional Bhd (PNB), Malaysia's largest fund manager, is in no hurry to participate in regulated short-selling, which is to be re-introduced to the market next Wednesday, Malaysia's Business Times reported. While acknowledging that regulated short-selling will be good for373 words
-
-
GREATER CHINA
-
Article, Illustration450 2006-12-27 12 It plans to place 80m shares with top managers and select employees Reuters [SHANGHAI] The locally listed arm of Haier Group China's top home appliance maker said on Monday that it plans to grant stock options to select staff. It joins aReuters; BLOOMBERG - 450 words
-
Article, Illustration560 2006-12-27 12 Bloomberg [BEIJING] China's bank regulator said he is "cautiously supportive" of a plan by the country's banks to manage insurers, in a sign that the government may ease rules to allow financial institutions to expand into more businesses. "Banks that want to engageBloomberg; BLOOMBERG - 560 words
-
Article, Illustration558 2006-12-27 13 Shares up by daily limit of 9.9% on Monday, valuing it at US$214.2b [HONG KONG] Industrial and Commercial Bank of China (ICBC), which raised US$2l.l billion in the world's biggest initial public offering (IPO) in October, has overtaken HSBC Holdings to become theAFP - 558 words
-
564 2006-12-27 13 Price range is lower than company's H shares listed in HK [HONG KONG] China Life Insurance, the country's biggest life insurer, said it expects to attract as much as 800 billion yuan (SslsB billion) in subscriptions when it sells564 words
-
Article, Illustration529 2006-12-27 13 Reuters [TAIPEI] Taiwan's computer makers are morphing from simple contract manufacturers into designers and innovators as they fight for survival in a competitive sector. Four out of five new notebook computers are now designed on the island, as firms making everything from cellphones to PCsReuters; FILE PHOTO - 529 words
-
Article427 2006-12-27 13 AP [BEIJING] China yesterday announced curbs on surging investment in its auto industry, extending controls alre&dy imposed in other fields in an effort to cool off an economic boom that Beijing worries could ignite a financial crisis. It was not clear how the controls wouldAP - 427 words
-
182 2006-12-27 13 Reuters [BEIJINGI A Chinese oil tycoon has been detained on suspicion of embezzling one billion yuan (S$ 197.1 million) of private and government funds, media reported yesterday. Gong Jialong, chairman of the Tianfa Group, owner of listed Tianfa Petroleum Co, was detainedReuters - 182 words
-
288 2006-12-27 13 Xinhua [SHENZHEN] China encourages home-based companies listed on the Hong Kong market to return to the booming A-share market on the Chinese mainland, said a regulator of the securities market. Yao Gang, assistant to the chairman of the China Securities Regulatory CommissionXinhua - 288 words
-
341 2006-12-27 13 AP [SHANGHAI] Consumer electronics retailer Best Buy is opening its first outlet in China, teaming up with a local partner to tackle the hyper-competitive market for appliances. Best Buy, the No 1 United States consumer electronics retailer, is one of scoresAP - 341 words
-
-
Page 12 Advertisements
-
Advertisement274 2006-12-27 12 Diners Club Card r.^«f64i***** A World of Exclusive Privileges Treats Diners Club jmgi gjjp www < jj n erm. C o m .sg International .v,i HI M| 1 I*. 9' fl| ap jjgSa I ■p ™L fliS S,'S t .S[ an I if 4 4r W*" :*^B aB g*^Hßj|if.fl^R?. SljJjta274 words
-
Advertisement27 2006-12-27 12 Kfe >-, -t BIRD'S EYE VIEW OF TENDER JOBS Check out the most comprehensive collection of tender notices in CATS Notices in The Straits Times. 1 NOTICES £l27 words
-
-
INDIA
-
Article, Illustration667 2006-12-27 14 Indian companies seal 145 M&A deals worth US$7.8b till October [NEW DELHII Most Indians would not think of United Phosphorus when discussing mergers and acquisitions. Yet, this exporter of agrochemicals from Punjab has emerged as a star player, buying as many as six overseasAFP - 667 words
-
Article, Illustration694 2006-12-27 14 SIDDHARTH SRIVASTAVA - By SIDDHARTH SRIVASTAVA in New Delhi RAPID economic growth and a manpower crunch are pushing Indian firms to scout for talent abroad. And the high salaries and the challenge of a new untapped market are proving to be strong incentives for foreign nationals as wellBLOOMBERG - 694 words
-
431 2006-12-27 14 Govt wants to encourage FDI, discourage short-term funds Economic Times [NEW DELHI] The Indian government is considering a separate investment cap for foreign institutional investors (FIIs), over and above the current foreign direct investment (FDI) ceiling, for insurance companies. In a bid toEconomic Times - 431 words
-
258 2006-12-27 14 AFP [NEW DELHI] Indians must abandon their laid-back attitude to improving efficiency and reducing red tape so that Asia's fourth-largest economy can industrialise rapidly, Prime Minister Manmohan Singh said on Sunday. Mr Singh said Indians must lose their chalta hai attitude a commonlyAFP - 258 words
-
-
Page 14 Advertisements
-
Advertisement336 2006-12-27 14 Take Charge of Your Career 16 Jan 2007 (Tue) 9am spm News Centre Training Room This workshop will help you to maximise your potential, achieve peak performance, and discover the nine qualities that will allow you to be pro-active and take charge of your career. Workshop Fee $820 per pax336 words
-
-
MIDDLE-EAST
-
Article, Illustration486 2006-12-27 15 Oil may hit US$65 as Nigerian violence adds to supply concerns Bloomberg Reuters [SINGAPORE] Crude oil prices rose after Iran, the Middle East's second-larg-est exporter, said it will defy United Nations sanctions and pursue nuclear research. The UN Security Council unanimously voted onBloomberg; Reuters; Source: Bloomberg; AP - 486 words
-
337 2006-12-27 15 Bloomberg [DUABI] Ras A 1 Khaimah, one of the seven sheikdoms in the United Arab Emirates, plans to set up an offshore business centre, free of taxes, to attract savings from wealthy Europeans after the European Union clamped down on tax evasion. ClientsBloomberg - 337 words
-
131 2006-12-27 15 Reuters [RIYADH] Saudi Arabia's telecoms regulator said on Sunday it had extended deadlines on bids for a third mobile licence and a second fixed-line licence by up to six weeks to give investors more time to submit bids. Abdulrahman al-Fehaid, deputy governor ofReuters - 131 words
-
485 2006-12-27 15 Move seen to provide relief from rising inflation Reuters [JEDDAH] Saudi Arabia last week cancelled a planned 25 per cent rise in regular petrol prices on King Abdullah's orders, a move seen as aimed at alleviating the impact of rising inflation and following aReuters - 485 words
-
343 2006-12-27 15 Cuts by Adnoc in line with country's Opec commitment Reuters [TOKYO] Abu Dhabi's state oil firm said yesterday it will cut some crude sales in February by 3-5 per cent, the first indication of an Opec member applying newReuters - 343 words
-
540 2006-12-27 15 AP [WASHINGTON] Iran is suffering a staggering decline in revenue from its oil exports and if the trend continues, income could virtually disappear by 2015, according to an analysis published in a journal of the National Academy of Sciences. Iran's economicAP - 540 words
-
-
Page 15 Advertisements
-
Advertisement31 2006-12-27 15 YOUR 24/7 GUIDE TO BETTER-THAN-BEST WEDDINGS! ■S fT 1 M IK '^%f K i r JPij^B" M Kntl»7nßP9 |TJy*^ fill I I D|U|^H v la u j—Zf GET IT NOW! sPHmagazines31 words
-
Advertisement56 2006-12-27 15 ••efooaao I Ask about our I fl fabulous i C advertising I {rates s««o9l*3f 1 9 BSJSSr I m advertising mileage^J K 2 fr*****9W°r e mai. B a C dvert.se@radio9l3com us your adverting ob and let us provide the cr m solutions. Radio 91.3 is managed by SPH Unionworks, a56 words
-
-
ASIA-PACIFIC/WORLD
-
Article, Illustration704 2006-12-27 16 Visa USA lowers sales growth forecast to 6.5% in Nov and Dec NYT Reuters [NEW YORK] There is always next year. Shoppers in the United States swarmed discount stores and mobbed suburban malls over the crucial holiday weekend, but the fmal burstNYT; Reuters; AFP - 704 words
-
260 2006-12-27 16 AFP [TOKYO] A Japanese architect who caused a nationwide scandal by fabricating data about earthquake resistance in buildings was sentenced yesterday to five years in prison. Hidetsugu Aneha, 49, who outraged the quake-prone country by admitting he lied to save money on constructionAFP - 260 words
-
393 2006-12-27 16 Reuters [TOKYO] For investors in Japan and South Korea, growing old isn't just a fact of life it's becoming an investment strategy. As dwindling birth rates and increased longevity transform the countries into two of the world's most rapidly ageing societies, someReuters - 393 words
-
Article, Illustration45 2006-12-27 16 [BEIJING] China's National Aquatics Center, dubbed the 'Water Cubeis seen here yesterday. The centre will host swimming events at the 2008 Olympic Games. The 30m-high and 80.000 sq m Water Cube is made up of3ooo translucent, bubble-like air cells APAP - 45 words
-
349 2006-12-27 16 AFP [TOKYO] Japan's embattled Prime Minister Shinzo Abe faced a scandal involving oije of his ministers .yesterday, less than a week after his economic adviser quit over an affair with a mistress. Genichiro Sata, the state minister of administrative reform, said he wasAFP - 349 words
-
568 2006-12-27 16 Bloomberg Reuters [TOKYO] Citigroup Inc the world's biggest bank is losing investment-bank-ing business in Japan after the top two executives at partner Nikko Cordial Corp resigned over charges of falsified earnings statements. "Citigroup is concerned about the impact," Junichi Arimura said in Tokyo yesterdayBloomberg; Reuters - 568 words
-
251 2006-12-27 16 Reuters [NEW YORK] Hedge funds could face increased scrutiny over a tax break that allows investors to make generous expense deductions and write off fees they pay for fund management, the Wall Street Journal reported yesterday. Changes in the way hedge fundsReuters - 251 words
-
-
MOTORING
-
Article, Illustration896 2006-12-27 17 SAMUEL EE - Huge jump in sales of Lamborghini, Rolls, Bentley, Porsche cars By SAMUEL EE IT may be the smallest in terms of population and land mass but when it comes to luxury cars, Singapore topped the rest of the Asean region by aFILE PHOTO - 896 words
-
Article, Illustration598 2006-12-27 17 SAMUEL EE - By SAMUEL EE A NEW company is offering a chauffeured car service at an affordable price with free wireless Internet connection. Urban Spjrit has 12 chauffeur-driven cars consisting of Toyota Camry mid-sized sedans and Toyota Fortuner seven-seat SUVs. Each has been connected to Mi'sYEN MENG JIIN - 598 words
-
-
Page 17 Advertisements
-
Advertisement208 2006-12-27 17 a* 4 V> ■1••' rr, X ■f r r*" N i ->. ?> EVERY CHILD CAN EXCELLENCE R F GIVE SYAHID THE Last year, close to 8,000 students benefited from The Straits Times School Pocket Money Fund. The fund provides pocket money for children from low-income families to lighten the208 words
-
-
AVIATION/TRANSPORT
-
Article, Illustration660 2006-12-27 18 US DOT may require corrective steps before carrier can fly next year Bloomberg [WASHINGTON] Virgin America Inc, a US airline partly owned by UK billionaire Richard Branson, expects the federal government to reject its application to fly, chief executive officer Fred ReidBloomberg; AFP - 660 words
-
Article, Illustration295 2006-12-27 18 Reuters [TOKYO] Japan Airlines Corp (JAL) said yesterday that it plans to raise its international and domestic fares from April to cover soaring fuel costs that are expected to increase by some 40 billion yen (SsslB million) next business year. RivalReuters; AFP - 295 words
-
184 2006-12-27 18 Reuters [BEIJING] Thousands of passengers across eastern, northern and central China have been stranded after heavy fog closed airports and hundreds of flights were cancelled, state media said yesterday. Highways were also closed and in some cities, such as Lanzhou in the north-west, authoritiesReuters - 184 words
-
296 2006-12-27 18 Bloomberg [TAIPEI] Taiwan High Speed Rail Corp, which has delayed by more than a year the start of what will become the island's fastest train service, gained government approval to commence operations, a spokesman said on Monday. The company has met theBloomberg - 296 words
-
LOG BOOK
-
93 2006-12-27 18 Reuters [DUBAI] State-owned Qatar Airways said it had won the right to increase flights to India to 49 a week from 30 to tap rising travel demand. It will add the southern city of Chennai and the western city of Ahmedabad to its network ofReuters - 93 words
-
83 2006-12-27 18 Bloomberg [TOKYO] Japan's corporate bailout agency will sell its stake in Skynet Airways, the last transaction for the organisation which had been set up to help companies deal with debt accumulated before the economic collapse of the *****. The Industrial Revitalisation Corporation of JapanBloomberg - 83 words
-
84 2006-12-27 18 Reuters [DUBAI] Governmentowned Emirates confirmed yesterday it would seek compensation for a delay in the delivery of Airbus's A3BO aircraft, for which it is the largest customer, but negotiations have not yet started. Emirates ordered 43 of the aircraft, the world's largest passenger plane,Reuters - 84 words
-
-
Article2197 2006-12-27 18 cut wan m rutm m 9wis 1620 9W17 2310 vm* isy 231P AkaDtaM S0456 1300 PiMnirUt SQ141 :14S SQ142 0935 AZumT 1X9771 1740 IH9770 2350 SQ143 1535 SQ146 1640 ***** 1740 ***** 2350 GAMO 1630 GA841 1750 AhmxUtod SQ531 0745 S0148 1900 iZVuS LQ4031 0645 KUB82,197 words
-
-
Page 18 Miscellaneous
-
Miscellaneous180 2006-12-27 18 CRYPTIC CROSSWORD 12 Temple of god later contains I DOWN 1 Camp material of the stars 15 Initially lager lout's boxing Across: 1 Apropos, 5 Fighter, 9 (8) fine (8) Copes, 10 Runaround, 11 Office 2 Vote one's lost for right? It's 16 Plot from Iran comes off hoys, 12180 words
-
-
SHIPPING
-
Article, Illustration765 2006-12-27 19 GEORGE JOSEPH - It will be the first to offer bonded warehousing in the area By GEORGE JOSEPH [SINGAPORE] Singaporelisted logistics company Freight Links has taken its first steps in the growing market in Shanghai's inland feeder ports, by setting up a joint venture765 words
-
472 2006-12-27 19 CLARENCE MICHAEL - By CLARENCE MICHAEL in Dubai DOHA-LISTED Qatar Gas Transport Company (QGTC) has announced the closing of an initial round of financing of US$4.3 billion by its wholly owned subsidiary Nakilat Inc, to primarily finance the building of 16 LNG vessels. Nakilat was472 words
-
Article744 2006-12-27 19 DAVID HUGHES - STRAIT TALK By DAVID HUGHES SO that's 2006 over. It was a strange year. The feel-good factor has continued in much of the industry with freight rates generally buoyant and shipyards' order books far ahead. So a good year then? Well, not if we remember744 words
-
188 2006-12-27 19 AP [TAIPEI] A senior official has blamed the captain of a cargo ship for an oil slick that damaged a coral reef sanctuary in north-eastern Taiwan, saying he was probably dozing at the time. The 23,000-ton Tzini registered in Malta went aground offAP - 188 words
-
295 2006-12-27 19 DONALD URQUHART - By DONALD URQUHART (SINGAPORE] The Maritime Port Authority (MPA) of Singapore has reminded all harbour and pleasure craft owners of the need to install automatic identification transponders and "panic buttons" in their vessels by Jan 1, 2007. The Harbour Craft Transponder System (Harts) will enable295 words
-
242 2006-12-27 19 GEORGE JOSEPH - By GEORGE JOSEPH [SINGAPORE) Japan's Nippon Yusen Kaisha (NYK) has bought over Ceres Container Terminals of the Netherlands. The Japanese transportation giant acquired all the shares of the Dutch company which manages contain-er-terminal operations in Amsterdam, making it a 100 per cent subsidiary. Currently,242 words
-
Article280 2006-12-27 19 DkX S$ Vol CH Offshore .0.44 Lrich 416 ChuanHup 032 0.01 1140 Cosco Corporation 220 0.03 1201 CWTDiMltluUui- .0.61 0.01 45 EzraHldgs 336 unch 19 Freight Links .0.08 unch 393 Grand Banks Yacht .0.87 -0.01 20 Jaya Holdings 1/47 unch 225 K1 Venture .033 unch 2695 KeppelCorp 17.40280 words
-
-
Page 19 Advertisements
-
Advertisement67 2006-12-27 19 total integration solutions f for shipping companies and their vessefs > Our technology is the most complete, robust, scalable and fully Integrated end to end solution for maritime industry. We offer hosting, maintenance, application development, and .1 i i design, built with the most powerful technologies and v I supported67 words
-
-
EDITORIAL & OPINION
-
Article501 2006-12-27 20 EDITORIAL THIS past year in Malaysia might be described as the Year of Feverish Mergers. Mergers and acquisitions dotted its business landscape with almost RM9O billion (Ss39 billion) worth of deals being proposed amid a bull run on the stock exchange. The deals have been diverse.501 words
-
Article, Illustration1052 2006-12-27 20 SHARON VAZ - When making your own marketing video, consider your business and how you can create an entertaining or funny spin out of it By SHARON VAZ VIRAL video marketing is 1 the creation and placement of videos on online social networks. The premise is1,052 words
-
Article, Illustration828 2006-12-27 20 PAUL SAMUELSON - THE BOTTOM LINE PAUL SAMUELSON OF COURSE, the American political scene is now chaotic. Confidence in President George W Bush's leadership and wisdom is deservedly low, both at home and everywhere on the global scene: in Europe, Asia and, importantly, in the Middle East828 words
-
Article, Illustration1491 2006-12-27 21 TIGER TONG - China's future progress depends on whether it can manage its external challenges and solve its internal problems By TIGER TONG THE year 2006 has been the year of China. With its increasing economic prowess, China has become the economic hotspot of the world.AP - 1,491 words
-
Article, Illustration819 2006-12-27 21 LETTER TO THE EDITOR I REFER to the article "Japan should help ease final years of war victims" (BT, Nov 22) by Mr Frank Ching. I would like to point out a few factual errors and misunderstandings in this article. While Mr Ching mentionedAP - 819 words
-
-
Article10143 2006-12-27 22 SGX MAINBOARP 52-Wk Tel Last Vol Day Last Quote On CrYW Not MCjd High Law Code Comply Salt COOP) Hlgfc low »nyr S*l Cw HE Ui 3.5 1 5716 1st Software 2 susp g.i 11.5 6 3148 STetecom 9 +0.5 791 9 8.5 8.5 9 4.9 2.1 9.510,143 words
-
Article5170 2006-12-27 23 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In local curr la SS In US$ dy yr dy yr dy %yr D*c2S Index Chang* Chang* Change Oi«ng« Chang* Ch«ng« The World Index Preliminary 1092 1 0.0 12.6 0.0 8.4 0.0 17.1 J EAff Preliminary ***** -0.1 12.7 -0.1 133 -01 2235,170 words
-
Page 24 Advertisements
-
Advertisement1501 2006-12-27 24 UK CONTINENT SERVICE U.S.A SERVICE Destination Destination DD SUCCESS RDM/ATW/BMNALB/NAN XU CHANG HAI lAX/VCW/MZL AURORA SAPPHIRE CAM/NFK/NCX/SAV [sod, Singopofe. E./W. Malaga, ln<Wi, E ./w. Malapio, lnd«»io MIDDLE-EAST SERVICE WJJL SERVICE Destination VANGUARD DBI/ABU/DOH/BRN/DMM/KWT Destination STX POTBN INC/BSN Loads Singapore, E./W. Malaysia, Indonesia Loods E. Malaysia, Indonesia OTHER SERVICES Tramping for1,501 words
-
Advertisement702 2006-12-27 24 IINTERASIA RORO SERVICE VKSa/VOT IMWD tBGWTgO PK KM LP SW OCT (KOflOOmSSI? 50 4i 23/1? 24/12 snum Exptess 10 30 4 01/01 02/01 04/01 IAUSTRALIAN RORO SERVICE VBSa/VOT I KAWTfIO) IHBGKTPW)! m I MB STB MB M Htt B I g I 13 RSI*/Ml SO 4.5 19-19/11 03W12 05-05/12 07W12702 words
-
-
Page 25 Advertisements
-
Advertisement1577 2006-12-27 25 WAN HAI INTERNATIONAL PIE LTD at MO: 14******000/« VW\ WAN HAI LINES $00^6226)200 Y TVnll I Iftl LlllLJ PKLHL(03)*****888HUb(03)*****211KNTH:(04)7265*00HUL(04)27*68** V- JOHUL (07) 2518*23 MX: 107)2518*21 SIB HL (031) 32*5475 WUL (831) 32*2714/3J*I3M www wnnkii rum *T 1H: (021) *****88 HUfc <021)**********811:71UI0/71UII SUfcTHW* www.Wßnnßl.tom.tg BaiH:»6l)4lS7B«3HX;|B*l)4ls»m/4142*0* m rou sw hkg nm kh1,577 words
-
Advertisement1074 2006-12-27 25 |-jn EASTERN CAR LINER, LTD I SPECIALIZE IN ROUP M. HEAVY LIFT UPTO 450 TOWS ■mu-Asu satvKi Ivor taJ uhh Ism 1 tpp nam nuw) pnn I jrr I sw I ia I mmi I rni kota nuuui ESTKLU ETBtU 43 40 3I7TF I 02/01 I I 07/01 BHIUS»i ~ii1,074 words
-
Advertisement179 2006-12-27 25 'mWSISMM RREAKBULK A CONVENTIONAL SERVICE DIRECT SERVICE FROM STORE TO KARACHI IVKSa I VOYAGE ETA SMGAPORE nAKARAOT"! MUUAKwateMli 039HW 15.01.2007 25.01.2007 SEA-PAC MANAGEMENT PTE. LTD. 70 Anson Rood #17-07/0® Ap*x Towar, Singapore *****5 T«Uphoo«: 6270 0977 V|| FocsimiU: 6273 2309 >11 T«tox: RS ***** SEAPAC DIRECT SIN NAMPO, D.P.R. KOREA179 words
-
Advertisement809 2006-12-27 25 WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS resa wt sin f nunc cotomo shba I cocomo mmM JfiJBL ZiPK 27 OK WOK JLIM HM 1 wuii m o* m MM imjusmbhi I oiion I wjm I iojaii I mo I uja* 1 »jam ALSO809 words
-
-
THE BUSINESS TIMES SHIPPING TIMES
-
6130 2006-12-27 26 This ETA ETA Advertber VhmI Voyage Trlephem ETA ETA AdverliMr VmmI Voyage Tiliphm SIN Dasfn Nana Name Number Number SIN D*rfn Nana Name Number Number 11/01 1002 China Shpg MERIAN 04QA *****898 To ADELAIDE (ADL) 2007 Australia 1M» 16X12 China Shpg NEW DYNAMIC 130A6,130 words
-
-
Page 26 Advertisements
-
Advertisement581 2006-12-27 26 [VESSEL VOY PKL 1 SIN I KARACHI PXB BAB DMM UK KHOR IRANZANJAN PCI SlBO 06/01 05/01 13/01 18/01 19/01 23/01 27/01 29/01 IRAN TABATABAEI PCL 8182 10/01 11/01 20/01 23/01 24/01 30/01 01/02 03/02 IRAN SATTARI PCL 8183 12/01 13/01 22/01 23/01 26/01 01/02 03/02 03/02 VESSEL VOY SIN581 words
-
Advertisement363 2006-12-27 26 "jQFfcw i¥§£i ?$r "Si a mk asißa —mHtmu iuß »yii w\\ rumu ww ***** w/»i "Srt f— —nm ~Wnso ?ft Wm nzn 111 1111 i mill *****1 i I mgsnnsnsMMwwsnM WKKEEMWIUMIWMM Tfb.l T If ißfa IBWEiilifllffilP™! iiki> tbHHkuA 8H H7TT~ IWH wßiKßii IMm? I MWI iT/AI TMI 1171} immm m363 words
-
Advertisement273 2006-12-27 26 CONVENTIONAL SERVICE ETA SIN LOADING FOB 28 DEC DUBAI, DAMMAM, KUWAIT 04 JAN CHENNAI 06 JAN BOMBAY 07 JAN MALE, COLOMBO 15 JAN SHARJAH, DAMMAM, DOHA, KUWAIT risk I( SINCE If7o OWNS A OPERATES THE YOUNGEST FLEET WITH TWELVE 7,000 DWT TWEEN DECKERS Icoviiiino I THE ENTIRE ASIA PACIFIC PORTS273 words
-
-
Page 28 Advertisements
-
Advertisement18 2006-12-27 28 ■ralPßk JiiiuiMll i IB BHr jJB BMMMi ly^H J I V A A t .Miililffl^ Vll KinH .t^*£j^l£piiii»MW^^^HHß^HlH^^BH£lßHS^^^Bß^G18 words
-