The Business Times, 29 December 2006
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2006-12-29
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The Business Times
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Title Section19 2006-12-29 1 THE BUSINESS TIMES A SINGAPORE PRESS HOLDINGS PUBUCATION Friday, December 29,2006 SINGAPORE SScems' online at http://business-times.asial.com.sg MICA (P) *****/200619 words
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692 2006-12-29 1 AMIT ROY CHOUDHURY, WINSTON CHAI - By AMIT ROY CHOUDHURY, WINSTON CHAI [SINGAPORE] Telecom services in Singapore and across Asia were slowly being restored yesterday as telcos across the region rushed to divert traffic from the damaged cables off Taiwan. Four repair vessels are on their way to Taiwan692 words
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1128 2006-12-29 1 CONRAD TAN - Curbs on running expenses will also kick in six months later By CONRAD TAN [SINGAPORE! Investment products with high charges are to be barred from sale to investors using their CPF funds, under new rules announced yesterday by the1,128 words
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Article137 2006-12-29 1 sn 2,***** (+2.24) ST INDEX FUTURES 2.963.00 (+2.00) siMsa 361.56 (+0.99) SIMSQ FUTURES 362.30 (+1.30) MARKETS Thursday Change KLCOMP 1,068.85 +5.63 NIKKEI 225 17,224.81 +1.66 HANG SENG 20.001.91 +276.18 SET INDEX 680.36 V 7.52 JAKARTA COM? 1.805.52 +2.26 MANILA COMP 2.943.38 +59.91 SEOUL COMP 1.434.46 +9.36 SHENZHEN B137 words
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Page 1 Advertisements
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Advertisement29 2006-12-29 1 If S3 MOVIES Some gems 0f2006 k} PAGE 31 'Z'T'/'i •"1 jj^lg EXEC LIFESTYLE Defining moments in m Singapore's arts scene j|H PAGE 29 AFTERMATH OF TAIWAN QUAKE PAGES29 words
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Advertisement12 2006-12-29 1 The evolution of Chen WfenHsi's works PAGE 29 flEk /i "1 s^/^v12 words
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TOP STORIES
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763 2006-12-29 2 KALPANA RASHIWALA - But mortgagee sales dive 38.8%, helped by an improving economy By KALPANA RASHIWALA [SINGAPORE] It's like a tale of two cities in the Singapore property auctions market. While the number of properties put up for auction by owners has jumped 68763 words
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Article, Illustration710 2006-12-29 2 KALPANA RASHIWALA - By KALPANA RASHIWALA [SINGAPORE] The ministries of Finance and National Development yesterday outlined the various measures that government agencies have taken to optimise their use of office space in the Central Business District. They were responding to a report by Colliers InternationalFILE PHOTO - 710 words
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Article540 2006-12-29 2 S'pore's 2005 investment outflow falls 35% WHILE foreign investment into Singapore rose sharply last year, the outflow plunged 35.2 per cent to US$5.5 billion from 2004, the Japan External Trade Organisation estimates. Although the decline was in line with global trend, it was sharper here. Outward foreign direct540 words
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295 2006-12-29 2 Reuters [WASHINGTON] Global economic growth is on a solid track but still faces risks, the International Monetary Fund (IMF) said on Wednesday, cautioning that the apparent complacency of many investors could trigger a market upset if something caused them to lose nerve. "MarketReuters - 295 words
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Article56 2006-12-29 2 IN "Time to scrap equity requirements" (BT, Dec 25), we said that Wilmar International is part of Robert Kuok's empire. Wilmar has said that it is not part of Robert Kuok's group of companies. The controlling shareholders of Wilmar are Kuok Khoon Hong (who is Robert Kuok's nephew), Martua56 words
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480 2006-12-29 3 CHUANG PECK MING - Slide sharper than worldwide decline of 8.2%: Jetro By CHUANG PECK MING [SINGAPORE] While foreign investment into Singapore rose sharply last year, the outflow plunged 35.2 per cent to US$5.5 billion from 2004, the Japan External Trade Organisation estimates. Although the decline was in480 words
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864 2006-12-29 3 Bloomberg [LONDON] The pound is headed for its biggest annual advance since 1990 as it became the world's thirdmost popular reserve currency and the Bank of England lifted interest rates to their highest in five years. Britain's currency has risenBloomberg - 864 words
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Advertisement55 2006-12-29 2 i ,WE ARE SERIOUS ABOUT SLEEP J/ V-z z FANTASY WATERBEDS PTE LTD itBACK i-,ACHE? FANTASY SLEEP CENTRE 'J Waterbeds. Futons. Sofa Beds. Spring Mattresses. Feather Down Pillows Quilts. Bedding Accessories More #01-15 16 The Furniture Mali (The Plaza) 7500 D Beach Road Daily 12pm to 9pm Tel 6469-1381 6396-670155 words
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Advertisement35 2006-12-29 2 people Clients wanted. (Only excellent companies need apply) www thepeopleatwork.com Asia-Pacific Executive Search HOT IPO Attract more interest from investors. Place your IPO notice in our newspapers. Call 1800 289 8822 or email noticesfsph.com.sg. mats35 words
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COMPANY NEWS
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314 2006-12-29 4 ARTHUR SIM - By ARTHUR SIM CAPITALAND will take a 39 per cent stake in a joint venture company (JV) that will develop a residential and serviced apartment property costing $283 million in Malaysia. Martin Tan, chief executive officer of Capita Land subsidiary Capita Land314 words
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Article449 2006-12-29 4 ARTHUR SIM - Nanjing site acquired for $473m with joint venture partner Yanlord By ARTHUR SIM YANLORD Property, a joint venture (JV) company between GIC Real Estate (GIC RE) and main-board-listed Yanlord Land Qroup, has made its maiden property acquisition in Nanjing for $473 million. On its449 words
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553 2006-12-29 4 TEH HOOI LING - HOCK LOCK SIEW By TEH HOOI LING ARE we finally seeing a glimmer of light in the long, dark tunnel that Informatics Education has found itself in since 2004? After all. it has been able to reduce its losses in recent quarters.553 words
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401 2006-12-29 4 CONRAD RAJ - By CONRAD RAJ BRIAN Chang's Yantai Raffles Shipyard in China is ending the year with yet another rig building order this time a general service jack-up unit worth some U*****.1 million for Remedial Cyprus Ltd. And Cyprus-based Remedial may be ordering even more jack-ups401 words
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225 2006-12-29 6 THE Singapore Land Authority (SLA) has awarded mainboard listed PDC Corp's fully owned subsidiary HLH Agri R&D and another company, Yoli Technologies, the first three agri-tainment land parcels in Lim Chu Kang sold through a public tender last month. The parcels225 words
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317 2006-12-29 6 GP Batteries has reached an agreement with representatives of 145 former workers over logistics arrangements and incidental expenses for their annual cadmium check-ups. The former workers had complained that logistics arrangements for the annual cadmium check-ups were inadequate and had demanded "incidental317 words
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Article, Illustration603 2006-12-29 6 MICHELLE QUAH - Important for investors to act on their beliefs, says Tan Lye Huat By MICHELLE QUAH THE impending boardroom tussle at retailer Isetan is more than just a fight between a group of disgruntled shareholders and the board it will also be an important statement on603 words
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Article, Illustration178 2006-12-29 6 ARTHUR LEE - By ARTHUR LEE THESE managers at UOB's Privilege Banking Division celebrated yesterday morning by popping the champagne and toasting to a highly successful 2006. There were smiles all round as their boss Wendy Teo personally filled their flutes with bubbly Veuve Clicquot. MsARTHUR LEE - 178 words
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322 2006-12-29 6 UMA SHANKARI - By UMA SHANKARI ECOWISE Holdings, which last week announced its disposal of then-wholly owned subsidiary Watertech Pte Ltd, yesterday clarified that it did so as Watertech's management has not been able to secure enough projects to convincingly demonstrate their company's322 words
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COMPANY BRIEFS
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24 2006-12-29 6 KODA has proposed a one-for-five bonus issue, which is subject to the approval of the Singapore Exchange and shareholders.24 words
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42 2006-12-29 6 SNP CORPORATION'S Hong Kong-based subsidiary SNP Leefung Holdings has exercised its call option early to acquire the remaining 40 per cent interest in Hong Kong-based SNP Yau Yue Paper Products for HK555.2 million (Ssll million).42 words
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41 2006-12-29 6 SINGAPORE Technologies Engineering said its electronics arm, ST Electronics, has won its third MRT project in Guangzhou, a 125 million yuan (Ss2s million) deal from Guangzhou Metro Corp, to provide automatic fare collection systems.41 words
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41 2006-12-29 6 DBS Bank purchased an additional 6.6 million shares in Hwang-DBS Malaysia Bhd (HDBS) for $6.3 million, raising the indirect interest of parent company DBS Group Holdings in HDBS to 26.21 per cent from 23.61.41 words
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74 2006-12-29 6 THE Ascott Group's indirect wholly owned subsidiary Ascott (Mauritius) has completed acquisition of a 40 per cent stake in a new joint venture company with Rattha Holding Company in India which will own a proposed Citadines property. Meanwhile, Capita Land has divested Capitaßetail China Investments (B)74 words
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Article40 2006-12-29 6 QAF said it will make appropriate provision in its financial statements for the full year ending Dec 31, 2006, for the impairment of its investment in 55 per cent-owned subsidiary China Food Industries (CFI).40 words
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33 2006-12-29 6 UOL Group has entered into a conditional sale and purchase agreement to acquire freehold property East Coast Ville for $54.5 million through its wholly-owned subsidiary UOL Development.33 words
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Advertisement1851 2006-12-29 4 [•■ATS NOTICES IN THE MATTER OF THE COMPANIES ACT (CAP. 50,1994 Ed) AND IN THE MATTER OF VERTEX MANAGEMENT (III) PTE LTD (In Mnmhnri' Voluntary Liquidation) (Co. Reg. No. *****2004 C) NOTICE OF RESOLUTION At the Extraordinary General Meeting of Vertex Management (III) Pte Ltd duly convened and held at1,851 words
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Advertisement995 2006-12-29 4 NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg ALANTAC fccMMOioe* ifo ALANTAC TECHNOLOGY LTD. (Incorporated in the Republic of Singapore) (Company Registration Number: *****1749E) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Shareholders of the Company will be held at Sheraton Towers Singapore, Ballroom995 words
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Page 5 Advertisements
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Advertisement261 2006-12-29 5 Nokia for Business v .'J 4 4 4 4 il f r Stay connected to life with L wireless internet on the go. i 4 C 0 2'" i F j 1 I s \k K I Leverage on free WiFi connections with the Nokia E61. With easy access 1261 words
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Advertisement30 2006-12-29 6 m <* Wk ?0t kKJH W -^Hp. ■KM J Fl E# Jy| P -IBWBF r Mf "T^i J| K rv>r¥j I*3 BP* yßnaH j jjl Bj jy4 n i-fißr itttt'' illT™*30 words
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Advertisement188 2006-12-29 7 Jt > > x «v > ;-ts.» week wont be complete in six dcius. ;BW "V */s£?' V= 1 C~> O i H Snow White wouldn't iettte for Li. A I /> jHn ■<■-« v i 9 S -BS v%, £^C^' l s!E|>'>v < **^|S* j< A > -I" r188 words
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SINGAPORE MARKETS
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Article, Illustration533 2006-12-29 8 R SIVANITHY - STOCKS The counter advances 26% in two days on trader interest; penny stocks also heavily transacted R SIVANITHY Senior Correspondent GENTING International and stocks priced as low as possible provided the main features of interest in a frustratingly mixed and volatile session yesterday, during which533 words
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Article, Illustration1000 2006-12-29 8 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS (Disclosures made on Dec 28 and earlier) Subsantial No of Price SHAREHOLDING Trans Shareholder/ Buy I Shares Per Before After Stock Date Director Sell '000 Shr < HKKJ) COOP) China Enersave 27-Dec-06 Energy Capital Partners Buy 2500 na ***** 9.70 ***** 9.95 China Enersave1,000 words
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Article, Illustration919 2006-12-29 8 CONRAD TAN - Compiled by CONRAD TAN Star Hub Dec 28 dose: SS2.SB DBS GROUP RESEARCH, Dec 28 Star Hub launches 100 Mbps broadband: Star Hub has upgraded its network to offer broadband speed of 100 Mbps, up from 30 Mbps, the highest speed offered by the telco so far. TheSource: Bloomberg - 919 words
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Article, Illustration534 2006-12-29 8 CURRENCIES Reuters [TOKYO] The yen crept higher yesterday, moving away from a two-month low against the dollar and an all-time low versus the euro on caution that the Bank of Japan could raise interest rates as early as January. The yen found favourReuters; REUTERS - 534 words
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AFTERMATH OF TAIWAN QUAKE
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548 2006-12-29 9 MATTHEW PHAN - Users across Asia still affected by slowdown three days after quake By MATTHEW PHAN [SINGAPORE] Three days after an earthquake off Taiwan hit undersea cables, Internet service across Asia is still suffering. And although most companies in Singapore have managed to struggle through the548 words
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176 2006-12-29 9 AP [JAKARTA] Indonesian companies can use a government telecommunications satellite to access the Internet while Asia's disrupted data transmission service is being repaired, a senior government minister said yesterday. The government will let "all companies" access the Internet via the satellite until theAP - 176 words
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Article, Illustration236 2006-12-29 9 Cable traffic rerouted, repairs could take 3 weeks Reuters [TAIPEI] Chunghwa Telecom, Taiwan's top phone company, yesterday said it had lost NTS 100 million (554.7 million) in revenue due to damage from earth- quakes this week. Repairs could take up to three weeks, itReuters; AP - 236 words
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Article, Illustration137 2006-12-29 9 Step 1 An electrical current is passed by onshore engineers to determine the general area of fault Cable repair vessels, manned by crews of 60 to 70, are dispkched to the location. Step 2 After identifying the area, the crew cuts one end of the cable near137 words
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310 2006-12-29 9 Reuters [BEIJING] China has come up with an earthquake prediction system which relies on the behaviour of snakes, state media said yesterday. The report comes two days after a powerful earthquake, measuring 7.1 on the Richter scale, struck off the coast of neighbouring Taiwan.Reuters - 310 words
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Advertisement46 2006-12-29 9 LE LE LE LE LE SA SA SA SA SA SA LE SALESALESALESALE LE LE LE LE LE SA SA SA SA SA LE SALE SA LE SALESALESA LE LE LE LE LE SA SA SA SA SA SALE SALESALESA LESALE LE LE LE LE LE46 words
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SINGAPORE NEWS
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Article, Illustration545 2006-12-29 10 MICHELLE QUAH - Allen Gledhill to donate legal fees back to NKF Law firm acting in civil suit against four former officials of charity By MICHELLE QUAH THE National Kidney Foundation (NKF) has clarified statements it made earlier about its fee arrangement with law firm, Allen Gledhill, .over a civil suit it isFILE PHOTO - 545 words
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Article4930 2006-12-29 10 UNIT TRUSTS FUNDS AS Emg Misuse 30.09k AB Amer Income AT 500 13.44/ ABAmer Income BT SGO 13.49* ASM Aniro Assat Mgt (S port) ABAmer Income AT USD 174/ Star Europe Eqty! 1.054/ ABAmer Income 8TUS0 8.77/ Sar Europe Bond 1.191/ AB Amer Income A USO 8.72/ Star Europe W4,930 words
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Article, Illustration405 2006-12-29 11 END OF A CHAPTER Usage has declined to just 60% with opening of better venues, says NAC AFTER 20 years of providing a stage for world-class musicals and local productions alike, Kallang Theatre will close its doors on March 31. TheFILE PHOTO - 405 words
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Article, Illustration358 2006-12-29 11 UMA SHANKARI - By UMA SHANKARI TENANTS have started clearing out of Scotts Road mainstay Scotts Shopping Centre as the mall awaits demolition. New owner Wheelock Properties, which bought the freehold Scotts Shopping Centre and the 23storey The Ascott Singapore Serviced Residences above itYEN MENG JIIN - 358 words
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SINGAPORE ROUNDUP
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139 2006-12-29 11 FINALISTS for the human resource industry's equivalent of the Oscars were announced yesterday. The HRM Awards, which are in their fourth year, are organised by Key Media and presented by HSBC Insurance. More than 5,800 nominations were made this year by over 1,000 HR and139 words
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54 2006-12-29 11 MOTORISTS are reminded that parking coupons valid for 2006 or earlier may no longer be used from Jan 1 2007. Unused, expired coupons may be exchanged for new ones during office hours from Dec 30, at HDB branch offices and the URA Customer Service Centre54 words
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32 2006-12-29 11 JUDGE Sowaran Singh has been appointed to the Subordinate Courts' Bench. He will serve as District Judge from Jan 1, presiding over cases in Family Court.32 words
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Advertisement176 2006-12-29 10 I K No one as y et p fovec to me convincingly that the Br J securities market is more n II dishonest or more fraud-prone H j f§ than any other markets, or for H that matter any other kinds H DM ft i ml of business activity. The176 words
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Page 11 Advertisements
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Advertisement452 2006-12-29 11 Qisifitiass&fitlctllij tM** Tr&cdhs I ezt jSerff/eS U/)K® < 3o(sczre KJM Bout Dim. SUM, m *02.-OS/04 I Wcr/k down f/iese /ones of gastronomlcal delights and be thrilled by an overwhelming vkxettxri common meat- 1 choice of yummy fare. From cosmopolitan chow to exotic Asian favourites, tasty heav Y dlrn sum offerings,452 words
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ECONOMY WATCH
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Article, Illustration468 2006-12-29 12 GDP expected to hit 8.2% this year, despite diseases, natural disasters [HANOl] Vietnam is targeting a higher growth rate of 8.5 per cent for its economy next year, the state media said yesterday. Its GDP is expected to increase byAFP - 468 words
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456 2006-12-29 12 AFP [TOKYO] Japanese industrial output in November grew at a slower than expected pace, raising concerns that exports are losing steam although autos and especially electronics offer a glimmer of hope. Analysts'said the data put back in focus worries about the health of the global economy,AFP - 456 words
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Article, Illustration450 2006-12-29 12 AFP [BEIJING] Copper demand in China, the world's largest consumer of the metal, is likely to fall 7 per cent this year to 3.4 million tonnes, the first decline so far this decade, state media said yesterday. The National Development and Reform Commission,AFP - 450 words
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585 2006-12-29 12 AFP Reuters [SEOUL] The American chamber said yesterday there are "serious warning signals" for South Korea's economy and the country should take bold steps to attract foreign investment. William Oberlin, chairman of the American Chamber of Commerce in Korea, said South Korea's abilityAFP; Reuters - 585 words
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Page 12 Advertisements
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Advertisement42 2006-12-29 12 I H* ipi Jr I I 01 Love, relationship, heartbreak SETS* s %ex eaK >• !Eiveron 9ht Monda V-Wda* J 3 Is •J r Radio 91.3 is managed by SPH Unionworks, a subsidiary of GiV Singapore Press Holdings Lianhe Zaobao I I I42 words
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Advertisement22 2006-12-29 12 GOOD GAINS Let your investors know by advertising your financial results in our newspapers. Call 1800 *****22 or email notices@spluom.sg. KATS3 NOTICES22 words
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MALAYSIA/INDONESIA
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331 2006-12-29 13 Synergy Drive says eight companies will sign sale agreements in Jan [KUALA LUMPUR] A committee headed by ex-Secu-rities Commission chairman, Md Nor Yusof, has been formed to drive the proposed merger that will create the world's largest listed palm oil plantation company, says a331 words
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293 2006-12-29 13 Reuters [JAKARTA] Indonesian President Susilo Bambang Yudhoyono remains popular despite a perceived lack of progress on the economy and law enforcement, a poll released yesterday showed. The Indonesian Survey Institute said 67 per cent of more than 1,200 people it polled earlier thisReuters - 293 words
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98 2006-12-29 13 AFP [JAKARTA] Indonesia's economy is expected to grow 5.5 per cent this year, below the government's target of 5.8 per cent, Finance Minister Sri Mulyani Indrawati said on Wednesday. "Growth is expected to reach 5.5 per cent because growth in the last quarter will notAFP - 98 words
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439 2006-12-29 13 NATURAL DISASTERS RM81m damage caused; 3 charged with looting AP [KUALA LUMPUR] The Malaysian authorities are bracing themselves for possible further floods in southern Malaysia amid warnings of more rainfall, officials said yesterday, following floods that caused more than US$2O million in damage.AP - 439 words
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378 2006-12-29 13 Reuters [JAKARTA] Government and aid agencies were yesterday moving food, water and medical aid to hundreds of thousands forced into temporary shelters by floods and landslides on Indonesia's Sumatra island. Officials used helicopters to reach remote points in Aceh province on the tipReuters - 378 words
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GREATER CHINA
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485 2006-12-29 14 Dozens of officials and businessmen have been tied to the affair AP Reuters {SHANGHAI] A Shanghai company allegedly used an illicit loan from a city pension fund to invest in one of China's biggest shopping malls, the state-run newspaper Shanghai Securities News saidAP; Reuters - 485 words
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Article2157 2006-12-29 14 VOi Gamuda 5.05 0.07 1477 Oac28 Ml W- fOOO) General Corp .0*2 -0.02 366 Gentina 32.50 100 1505 A* M Realty 1.40 0.06 109 George Kent 0l57 -001 87 Abric 0.30 unch 3 GHL Systems 034 0.01 5384 ACPIncfastries 138 0.03 329 Globetrot*! Tach 030 unch 1122 Advance2,157 words
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423 2006-12-29 14 Reuters [SHANGHAI] Shanghaibased Haitong Securities, a major Chinese brokerage, is gearing up for a domestic stock listing to help fund expansion, a company spokeswoman said on Wednesday. Haitong, with a registered capital of 8.7 billion yuan (551.71 billion), has been preparing for an Ashare listingReuters - 423 words
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Article, Illustration254 2006-12-29 14 AFP [BEIJING] The government in a central Chinese city has taken over the troubled private oil firm Tianfa Group, local media said yesterday. The report, carried by the Sina.com website, came after reports that Gong Jialong, the chairman of Tianfa, had been detained byAFP; FILE PHOTO - 254 words
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222 2006-12-29 14 Reuters [SHANGHAI] Guan Guoliang has resigned as chairman of New China Life Insurance, the country's fourth-largest insurer, amid an official investigation into the company's investment, state media said yesterday. "Guan has been under investigation by the China Insurance Regulatory Commission because hisReuters - 222 words
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430 2006-12-29 14 Two companies ordered to stop sales of the drug AP [SHANGHAI! A Chinese court has upheld the validity of drug maker Pfizer Inc's patent for Viagra, ordering two companies to stop sales of generic versions of the erectile dysfunction treatment and pay compensation forAP - 430 words
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323 2006-12-29 14 Reuters [TAIPEI] Taiwan's government on Wednesday gave final approval for Powerchip and ProMOS to set up chip plants in China, marking the biggest opening to date for Taiwan's microchip industry on the mainland. The Investment Commission under the Ministry ofReuters - 323 words
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INDIA
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677 2006-12-29 15 SIDDHARTH SRIVASTAVA - By SIDDHARTH SRIVASTAVA in New Delhi GIVEN India's growing defence needs, major defence firms and governments around the world are looking to tap the market, with the government expected to make purchases of over US$10 billion every year over the next decade.677 words
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Article, Illustration547 2006-12-29 15 Vodafone makes solo bid which values company at US$18b, says report Reuters [MUMBAI] Bidders for Indian mobile operator Hutchison Essar jostled for position yesterday as analysts urged main shareholder Hutchison Telecom to set a high price on any exit from India's telecoms sector. In theReuters; REUTERS - 547 words
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338 2006-12-29 15 AP [NEW DELHI] The chief of India's Tata Group said on Wednesday his company has no intention of scaling back its plans for a new car factory in eastern India, despite widespread local opposition and a prolonged hunger strike by a politician opposedAP - 338 words
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405 2006-12-29 15 Reuters [NEW DELHI] India's basmati rice exports are likely to fall by 10 to 15 per cent in the year to March 2007 as prices of the aromatic grain have shot up, industry officials said on Wednesday. The price of padi has risenReuters - 405 words
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Advertisement99 2006-12-29 15 Diners Club Card r 0 <**>/» ~»64i 6 0980 xc^us ve Privilcffe* Treats DinenClub^ Let your investors know by advertising I your financial results in our newspapers. tffc:- It's Dim Sum It's Gastronomy r rv Sanoßar Marina Square (Center Stags) #02-138 D, Tel: 6333 9937 On« p u"erton #01-0TTe1:6423 918299 words
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Advertisement35 2006-12-29 15 A corporate gift, o company dinner or jutt casual drinking, U Vignt off tri a larga MIIHHR itltction of winu for «ach occasion. ported by c £,e/ C Viqne' 40 Holland ferove Rd. Tel: *****05335 words
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Advertisement88 2006-12-29 15 mjjjijHjjjijjmjiHmnii i KJ|| Hp fl I I I j radlo 9l3l Radio 91.3 is managed by SPH Unionworks, a subsidiary Of MP Singapore Press Holdings S w if i fl 9- > B > TM SIX TANTALISING TURKEY TWISTS Enjoy six irresistible Turkey twists this festive season: Thai-style, 'Char Siew',88 words
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Advertisement16 2006-12-29 15 Wm l' I ba*at I jSyft B m»| Hsl I i Wt I Jr ~Jfcj I16 words
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MIDDLE EAST
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Article, Illustration478 2006-12-29 16 In an embargoed interview, he calls Bush's justification of war big mistake Reuters [WASHINGTON] US President George W Bush and his top advisers made a "big mistake" in their justification for invading Iraq, Gerald Ford told journalist Bob Woodward in an interviewReuters - 478 words
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373 2006-12-29 16 AFP Bloomberg [TEHRAN] Pressure from the US on commercial banks to stop lending to Iran has caused problems for several major gas projects, forcing the Muslim republic to dip into a reserve fund, a newspaper reported on Wednesday. "Unfortunately,AFP; Bloomberg - 373 words
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360 2006-12-29 16 LATWP [BAGHDAD] Saddam Hussein declared in a handwritten farewell letter published on Wednesday that his execution for crimes against humanity would be a sacrifice for his people, and he urged Iraqis not to give in to hatred. "Here I am presenting myself asLATWP - 360 words
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Advertisement2004 2006-12-29 16 r NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg BUY IT-S€ll IT-FIND IT j NOTICE OF APPOINTMENT OF PROVISIONAL LIQUIDATOR KIM POH AUTO (PTE) LID. (C*. Rag. No. *****4940 M) (to Provisional Liquidation) |Incorporated in ibe Republic of Take notice that Mr. Um Yeong Seng, CPA, Approved Liquidator of Kong, lim A2,004 words
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Advertisement213 2006-12-29 16 NOTICE OF FINAL MEETING IN THE MATTES OF THE COMPANIES ACT, CHAPTERS* AND IN THE MATTER OF CROSBY PTE. LTD. (IN MEMBERS' VOLUNTARY LIQUIDATION) (CO REGISTRATION NO. 2MMM22D) NOTICE IS HEREBY GIVEN that the Final General Meeting of the members oi the abovenamed Company will be held at 47 Hill213 words
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Advertisement23 2006-12-29 16 HOT IPO Attract more interest from investors. Place your IPO notice in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. MATS NOTICES23 words
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ASIA-PACIFIC/WORLD
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Article, Illustration259 2006-12-29 17 Reuters [TOKYO] Japanese Prime Minister Shinzo Abe moved quickly yesterday to replace a Cabinet minister, whose resignation over a political funding scandal came a week after the departure of another hand-picked appointee. But Japanese media and analysts say the latest scandal to hit Mr Abe,Reuters - 259 words
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Article, Illustration547 2006-12-29 17 LATEST US DATA Poll respondents who say jobs are plentiful rise to five-month high Bloomberg Reuters [WASHINGTON] Confidence among US consumers unexpectedly increased this month to the highest level since April, reflecting job growth that may keep Americans spending. The Conference Board's index of consumerBloomberg; Reuters; BLOOMBERG - 547 words
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639 2006-12-29 17 NYT NEW York Wall Street's fears of a steep decline in the US$6 billion stent business seem to have evaporated after an inconclusive federal regulatory review of coronary stent safety this month. Might the optimism be premature? In their relief, analystsNYT - 639 words
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209 2006-12-29 17 Reuters [MOSCOWI Royal Dutch Shell signed a secret protocol with the Russian government as part of its deal to sell half of the Sakhalin-2 project to Gazprom. The agreement allows Shell to boost spending but not as much as it wanted, aReuters - 209 words
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574 2006-12-29 17 Reuters NYT [NEW YORK] US securities regulators have reversed a decision it had made in July and adopted a rule that would allow many companies to report significantly lower total compensation for top executives. The change in the way grants of stock options areReuters; NYT - 574 words
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685 2006-12-29 17 But the companies are doing a lot lately to build diversity in their ranks Reuters [NEW YORK] Even though Wall Street investment banks have made diversity a top priority for the past decade, it may take severalReuters - 685 words
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AVIATION
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Article, Illustration610 2006-12-29 18 Some charters not certified by FAA may have under-trained crew AP [NEW HAVEN] Travellers who pay a premium for the convenience of charter air travel could unknowingly end up on flights operated without direct federal government oversight. That fact is central toAP - 610 words
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384 2006-12-29 18 AP [WASHINGTON] The US government blocked the path of startup airline Virgin America on Wednesday, ruling that the company must change its ownership and corporate structure before it can receive an operating certificate. Under the law, a US airline must beAP - 384 words
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230 2006-12-29 18 AFP [LONDON] British fighter jets have been scrambled in an alert involving an incident on a commercial airliner at least once a month following the Sept 11, 2001 attacks in the US, the head of the British air force told The TimesAFP - 230 words
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Article, Illustration700 2006-12-29 18 Tourism industry leader calls flight delays a 'disaster' AP [SAO PAULO, Brazil] Brazilian holiday travellers incensed about an overbooked flight stormed an airport tarmac to prevent a commercial jet from taking off, and a tourism industry leader said two months of chronic flight delays haveAP - 700 words
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257 2006-12-29 18 Reuters [SHANGHAI/HONG KONG] China's Spring Airlines is in talks with Citigroup Inc and others to sell stakes as the privately owned carrier looks to outside capital to fund expansion, two sources said yesterday. The 17-month-old budget carrier has got initial approval from theReuters - 257 words
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Article2094 2006-12-29 18 an MW «TA HJ—T 1TB 9W18 1620 9W17 2310 Mi to as man 52 li M ss sjsis S&ss ggi IrU* *3147 2235 SQ148 1900 A Iglj HH «»i SQ435 0410 igg fIHI UL2433 0130 S028S 2100 °5* g°]° SQ282 0630 EK432 2105 3 07 «4*62,094 words
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SHIPPING
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738 2006-12-29 19 SELVA KUMAR - ADMIRALTY CASEBOOK By SELVA KUMAR A VESSEL owner last week won an appeal against a marina in a US court, arguing that under admiralty law, a party to a contract may not completely absolve itself of liability for ordinary negligence. The plaintiff738 words
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Article190 2006-12-29 19 AFP [ISMAILIYA, Egypt] The Suez Canal Authority said on Wednesday it will raise transit fees for ships using the waterway by an average 2.84 per cent in 2007. Its chairman Ah Fadel told the reporters that the increase, to take effect onAFP - 190 words
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Article, Illustration599 2006-12-29 19 CONRAD RAJ - $1.5m production has multinational cast; first episode to air on Jan 8 By CONRAD RAJ [SINGAPORE] Singapore's marine industry, which boasts the world's busiest ship-repair yards and its biggest builder of jackup rigs, with over 70 per cent of the global599 words
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204 2006-12-29 19 Bloomberg [COPENHAGEN] AP Moller-Maersk A/S, the world's largest containership owner, plans to increase prices by as much as 15 per cent in 2007 to offset higher costs. It plans to boost rates by between 3 and 8 per centBloomberg - 204 words
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Page 19 Advertisements
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Advertisement411 2006-12-29 19 INTRA-ASIA DISCUSSION AGREEMENT (lADA) RECOMMENDED BUSINESS PLAN FOR 2007 Following a series of meetings at senior level among lAOA member lines, the lADA Principals' Committee, with the support of the lADA CEO Committee, have agreed on a business plan for lADA members' consideration. This business plan represents a fair and411 words
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Advertisement18 2006-12-29 19 i Ifcfl IV 4IBKBaMBMy >PKm I > i H J" BMpn IKIVIUAM I JKm fl L I f *e~18 words
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EDITORIAL & OPINION
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Article541 2006-12-29 20 EDITORIAL TO mark its 60th anniversary, the Economist Intelligence Unit recently took a somewhat whimsical glimpse into the future, including a list of potential new countries (Guangdong, Kosovo, Palestine. Quebec, Scotland, Siberia, Tibet, Wales, among others) and global companies (Exxon-Hydro, Tatasoft, Oxbridge Harvard, MyMcSpace, BollyDisney you get541 words
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Article, Illustration941 2006-12-29 20 ANTHONY ROWLEY - Expect to see an impact on world trade if global currency markets experience turbulence in the year ahead, resulting in the drying up of financial liquidity ANTHONY ROWLEY Tokyo Correspondent NEW Year prognostications are often so hedged around with qualifications as to beAP - 941 words
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Article, Illustration825 2006-12-29 20 LAWRENCE SUMMERS - THE BOTTOM LINE LAWRENCE SUMMERS LAT THE year 2007 begins with a vast divergence between the popular view of global risks and the risks as priced in financial markets. While commentators have been more alarmed about the state of the world thanLAT - 825 words
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Article, Illustration1980 2006-12-29 21 KOR BING KEONG, NG CHOON BENG - It is perhaps timely for businesses and the Singapore government to work together to address certain pertinent GST issues By KOR BING KEONG, NG CHOON BENG IN THE first part of Managing the Hike in GST, we examined how businesses can prepare and respondFILE PHOTO - 1,980 words
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Page 21 Advertisements
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Advertisement34 2006-12-29 21 I Get a Leading Edge t Your sailing schedules get wider attention in The Business Times shipping pages Call Bernard Ong at 631 9-1645 or Michael Chng at 6319-2062 the Busies Tie Shipping Times34 words
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Article10431 2006-12-29 22 SGX MAINBOARD S2-Wk Td Last Vol Day LastQuote Oiv Gr*W Net MCaa High law Coda Cowpawy Sate (HOP) Wgk law 8nyr Sdter Cw Ht M 3.5 1 5716 1st Software 2 susp 11 11.5 6 3148 STelecom ...8.5 unch 2 8.5 8.5 8.5 9 4.9 21 19 40.710,431 words
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Article5538 2006-12-29 23 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In local can In it In USS Kdy %yr dy yr dy %yr D*c27 Inden Chang* Ch»ng< Oinngn Oanjjt Chnngn Chang* World Index Preliminary 11(0.4 0.7 13.7 03 >3 0,7 W) t EAfE Preliminary ***** 0.9 138 0.6 13.9 04 H I turcpe5,538 words
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Page 24 Advertisements
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Advertisement1473 2006-12-29 24 UK CONTINENT SERVICE U.SJt SERVICE i Destination Destination DD SUCCESS RDM/ATW/BMN/TLB/NAN XU CHANG HAJ lAX/VCW/MZL AURORA SAPPHIRE CAM/NFK/NOi/SAV load, Singer, E./W. Indole E7W. bd«« MIDDLE-EAST SERVICE UAU. SERVICE Destination VANGUARD D6I/ABU/DOH/BRN/DMM/KWT Destination BLUE SKY DBI/ABU/DOH/BRN/DMM/KWT STX PO TBN INC/BSN PAN VOYAGER JDH/AQA/ALGERIA Loads Singapore, E./W. Malaysia, Indonesia Loads E. Malaysia,1,473 words
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Advertisement611 2006-12-29 24 btTBIAHA KOtO tWtVICf r vesa/wr mud mm— m km m i sm i jkt OKHBEXnESR SI (S 23/1? 24/12 STUITS OtftESS 10 30 4 01/01 02/01 04/01 WSSa/VOT MMfQtT) hbcwtw IP SM I Ml STP m M B I SM LP FfStt/WI SO 4i 19-19/11 03-03/12 OSWI2 07-01/12 10-10/12 17-17/12611 words
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Page 25 Advertisements
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Advertisement1622 2006-12-29 25 WAN HAI INTERNATIONAL PTE LTD a not 14******00/1 %rrrTV Hill I mi ■Mir* (14 LINES) FAX: *****163 \\M WAN HAI I INFS Dfrtd Um (1S00) *****200 V unil lini kl Iwk tm mnkmjMMMiM&mnaiatm&MiatsNONUbtMDmwt V- JUH IB: (#7) 251W0 FAX: (07J251N21 SUB nL «0SI) J2W47J FA* Wl| JJWI4/ 3»1305 www wnnhai1,622 words
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Advertisement830 2006-12-29 25 Vr\ eastern car liner, ltd \J t SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TOWS paiMp|i«,| uhh|| sm tpt nam na(W) hm jkt sw ia mm itu rota kmamui ESIIELUHBttU 43 60 131/121 0776T eautKsm ~n —n —g lavpi I -I m —g77Pr~gf7tn KWILAJCSMI i 40 los/oi I I 04/01830 words
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Advertisement815 2006-12-29 25 m saass* WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS «sa WY I Sit f.KLMIG (OCOMIO g SHBA COLOMIO mum Xffll 2>DK 27 DK DDK 07 UM OtJAA Hat JOEL BW MM* -ggj*a !UM!_ mV6AMOMI I 0110W I DIM 10JAA 13JAW I 16JAA I ?OJAW815 words
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THE BUSINESS TIMES SHIPPING TIMES
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6169 2006-12-29 26 This ETA ETA AdmrtiMT VhhI Voyag* Tdapbon* ETA ETA AtfmrtiMr VmmI V«T*f* Tllipkinl SHI [>«sfn Nwnc Nmm NumiMf NwntMf SIN Dufii Nam# Maui# NMRbar NunflMr < MamHnaHHMnnHnHaaaHMiMHiKiM 31/01 05/02 PACCCont AMER AM017N *****655 To ABIDJAN (ABJ) 2003 Cote D'lvoire To BARCELONA (BCN) 2042 Spain6,169 words
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Page 26 Advertisements
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Advertisement483 2006-12-29 26 P9DDDEDHI IRISL, Mvfgjmft #te©o foo (to Hasp, ®oa Hfltt ®<? (fex? (to Ma®**/ Sua /tea 0s ®s to &A>& ®&yt]M®3 to (to {fa]3o®3i) Qtratmito SINGAPORE REGIONAL OFFICE: AGENT IN SINGAPORE: AGENT IN MALAYSIA: AOENT IN INDONESIA IRISL ASIA PTE LTD SINOSE MARITIME PTE LTD BOUSTEAD SHIPPING AGENCIES SON BHD PT.483 words
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Advertisement255 2006-12-29 26 Hh n®i IfV? Pfl ifm Rol MB==JfH==ffl==B?F= SB =3E==fE==fß= wkiahm i ww Byti Byii wtmi wn moi n'/oi pHT" -A—=&==&= ite I PM.HWI muw iiyii ii'/bi ►Riawa 8U 11/11 11/11 S"IiTIIT'E' |"?H SIUI HMTAH tOt 84/11 I 10/11 I PAOAIASSAI i HUM 13/11 I H/01 tt/01 I 14/01 I llflflH255 words
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Advertisement288 2006-12-29 26 CONVENTIONAL SERVICE ETA SIN LOAD! NO FOR 01 JAN DUBAI, DAMMAM, KUWAIT 04 JAN CHENNAI 07 JAN BOMBAY 07 JAN MALE, COLOMBO 15 JAN SHARJAH, DAMMAM, DOHA, KUWAIT Flai -SttjXmTM I( swa 1*70) OWNS A OPERATES THE YOUNGEST FLEET TWELVE 7,000 DWT TWEEN DECKERS ICOVRINO THE ENTIRE ASIA PACIFIC PORTS288 words
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executive lifestyle
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Article, Illustration1711 2006-12-29 28 GEOFFREY EU - This weekend will be a blast, for sure. But next year, it may seem like too many night spots, too few customers. GEOFFREY EU reports GEOFFREY EU THE champagne will flow like water, high-tech laser lights will shoot across the dance floor and thousands of balloons will1,711 words
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Page 28 Advertisements
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Advertisement49 2006-12-29 28 ■I ASS MOVIES IN'O6 misses than hits for brunch... and discover al fresco adventures and jjspp $108+++ with free flow Veuve oscar s ,|gjp B m JM mt I ft. f jjß I Rodeo Drive vibe. Lion City style. m For Reservations: +65 6432 7481 CONRAD' IhIIMIH, IIIMI CENTENNIAL49 words
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ARTS
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608 2006-12-29 29 jaime ee - off the cuff jaime ee HELLO, peeples of Singapore. My name is Borak, I am the second cousin twice deceived of the more famous Borat, he of Kazakhstan fame and owner of the second most ugly naked parts you see running around608 words
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Article, Illustration486 2006-12-29 29 PARVATHI NAYAR - YEAR IN REVIEW PARVATHI NAYAR picks some of the achievements, trends and key moments in the local arts scene PARVATHI NAYAR IT WAS a time of sparks and duds, old and new in the arts scene in Singapore this past year. If an "old" arts centre486 words
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Article, Illustration1041 2006-12-29 29 PARVATHI NAYAR - EXHIBITION By PARVATHI NAYAR THERE'S a good chance you "own" a Chen Wen Hsi without realising it. Take a look at the $50 note in your wallet: the pair of magenta-coloured gibbons scampering across the currency note were painted by the late1,041 words
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Good show
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Article85 2006-12-29 29 STATISTICS compact the inaugural Singapore Theatre Festival to three weeks, nine plays and 11,500 sold tickets. But the expanded version is more interesting: as many as 200 people showing up for the various forums held to discuss topics raised by the plays, such as Eleanor Wong's provocatively titled85 words
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Article105 2006-12-29 29 Musicals shimmied their way to centrestage and refused to budge with western imports such as the ail-American West Side Story, regional retellings such as Aspects Of Love presented by a Filipino company, subtitled stagings such as The Hunchback Of Notre Dame from France, and our first super-scale Malay105 words
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Article88 2006-12-29 29 If you've ever wondered what absolute limits of grace, beauty and controlled precision the human body is capable of— Nederlands Dans Theatre I's presentation at SAF was the place to have been. The bill of fare had the dancers nude-torsoed in blood red skirts in Bella Figura, choreographed88 words
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Article66 2006-12-29 29 The Esplanade's inaugural Darns Festival was a smorgasbord of dance forms ranging from ballet Red Giselle by the Eifman Ballet of St Petersburg to contemporary dance by Japanese dance company Baby-Q to festival commissions —About Last Night by Singaporean Tammy Ling Wong to fringe events interactive programmes and66 words
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Article89 2006-12-29 29 Asian Contemporary Art in Print was a modest-in-scale but well-thought-out show that brought together the Singapore Tyler Print Institute (STPI), Asian artists such as Singaporean Amanda Heng, and New York's Asia Society. Part of the Society's 50th anniversary celebrations. Print represented a meaningful engagement with Asian89 words
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Article133 2006-12-29 29 Takashi Kuribayashi's Aquarium: I Feel Like I'm in a Fishbowl offered two surprising experiences: alarmed viewers saw a disembodied head rise in a fishtank; the person poking his head through a hole in the ceiling was equally startled to emerge in a fish bowl surrounded by gawking viewers. Not133 words
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Article59 2006-12-29 29 Offering a literary shot in the arm to local verse, this year's English-language finalists of the Singapore Literature Prize Aaron Maniam, Yong Shu Hoong and Cyril Wong were all poets. The winners who shared the $10,000 cash prize were two collections in verse: Wong's intimately personal Unmarked Treasure,59 words
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Article60 2006-12-29 29 Singapore was treated to some of the biggest names in world class orchestras this year including Camerata Salzburg and the Nagoya Philharmonic Orchestra; the St Petersburg Philharmonic Orchestra, who presented three Russian classics conducted by Yury Temirkanov; the BBC Symphony Orchestra known for its excellence with contemporary60 words
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Article100 2006-12-29 29 PARVATHI NAYAR - By PARVATHI NAYAR The arts need recognition not just the artists but arts sponsors as well and they got it. For the very first time, Singapore President S R Nathan presented the Cultural Medallion at the 2006 Arts Awards Ceremony, and considerably raised its profile. The 2006 Patron100 words
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WINE
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Article, Illustration1087 2006-12-29 30 N K YONG - YEAR IN REVIEW More are investing in wine despite rising prices, writes N K YONG N K YONG THE most important event in 2006 was without doubt the huge escalation in prices of the 2005 Bordeaux en primeurs (futures). For example, in May/JuneAFP - 1,087 words
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Page 30 Advertisements
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Advertisement342 2006-12-29 30 "SHALL I HAVE RED CURRY IN MY CAPPUCCINO OR MY PORK IN SAKE?" Listening to jazz'is her thing, watching football is mine. She loves the beach but I hate the sun. The round dining table for our twice-a-year family get-togethers was a necessity to me, whereas she focussed on the342 words
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Page 30 Miscellaneous
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Miscellaneous120 2006-12-29 30 CRYPTIC CROSSWORD ACROSS 24 Give finest ring to womenj6) YESTERDAY'S SOLUTION 28 Where some might be on the Pj 10 Paternalism, 11 Isle, 14 Abet--30 Peace offering from Green —4mJ—-J—J— —Lj— 19 Sing, 20 Bless, 22 Runaway, 23 1 nat nal lead UTsTell 6ObscureTLow-^p'in't- Fariw nhi?n«:inherc nf rhrk ed> 8120 words
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CINEMA
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Article, Illustration1019 2006-12-29 31 GEOFFREY EU - YEAR IN REVIEW Buried among the trash, a few gems could be found, particularly for those predisposed towards foreign talent, says GEOFFREY EU GEOFFREY EU IT WAS not quite an annus horribilis, but it would be tempting to pass off the 2006 year in cinema1,019 words
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508 2006-12-29 31 PARVATHI NAYAR - By PARVATHI NAYAR ITS provenance is enticing: the new crime-and-punish-ment thriller Confessions of Pain is made by the team that produced the tautly effective Infernal Affairs (2002), directors Andrew Lau and Alan Mak, and ex-pressive-eyed Tony Leung. Add to the mix508 words
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Article, Illustration281 2006-12-29 31 PARVATHI NAYAR - DVD By PARVATHI NAYAR SCARLETT Johansson has been tagged Woody Allen's latest muse after starring back-to-back in his two most recent movies. Both are set in London, and have the bee-stung lipped actress playing a Yank who gets involved with the British upper class. But281 words
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Article, Illustration618 2006-12-29 31 GEOFFREY EU - By GEOFFREY EU IF the sight of two naked men wrestling on a hotel bed appeals to your sense of humour, then Borat: Cultural Learnings of America for Make Benefit Glorious Nation of Kazakhstan might just be the film for you. It may not be618 words
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Article, Illustration475 2006-12-29 31 PARVATHI NAYAR - By PARVATHI NAYAR STRANGER Than Fiction is a smartly written comedy for our postmodern times that retains its soul while displaying its literary and structural cleverness. The ritual of life the usual stuff of food, shelter, a job, people can either produce a475 words
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Article, Illustration1262 2006-12-29 32 LARRY WEE - Making Time LARRY WEE updates newbies on advice from local watch experts LARRY WEE WATCH-LOVERS these days have so much to choose from that it can be downright confusing. What's more, so many brands seem to be claiming that "everything is made in-house". TheJOSH SWU - 1,262 words
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Page 32 Advertisements
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Advertisement93 2006-12-29 32 More than 250 years of uninterrupted history Ba—i $1 ■■■Wl a|sy ...m&m£m&zr&*[ /JSBBHBBk ffiSßswßipfflß||HßlB3B^BßaP|Bßß™ E malte chronographe Caliber 1141 handwound mechanical movement. Column-wheel chronograph mechanism. Telemetric scale with 1-kilometer graduations and tachymetric scale; 30 minute totalizer. Manually engine-turned dial with applied hour markers and a subdial for the seconds. Diameter93 words
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Advertisement10 2006-12-29 32 This series is brought to you by SINCERE watch academy10 words
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