The Business Times, 10 January 2007
This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.
2007-01-10
1
30
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section20 2007-01-10 1 The Business Times A SINGAPORE PRESS HOLDINGS PUBLICATION MICA (P) 202/12/2006 Wednesday, January 10,2007 SINGAPORE 85 cents online at http://business-times.asial.com.sg20 words
-
Article, Illustration654 2007-01-10 1 ARTHUR SIM - Deal is worth up to $240 m; partners include eSun unit By ARTHUR SIM [SINGAPORE] Capita Land will get to own a casino after all, or at least a substantial slice of one. The property giant, which failed to clinch either of theBLOOMBERG - 654 words
-
Article, Illustration844 2007-01-10 1 Companies to get a year to comply but no restructuring in meantime for those under probe By OUR CORRESPONDENT in Bangkok THAILAND'S militaryappointed government took another draconian step yesterday when the Cabinet approved a draft law that will restrict foreign ownership ofAP - 844 words
-
Article141 2007-01-10 1 STI 3,008.35 (+8.35) ST INDEX FUTURES 3,012.00 (+8.00) SIMSCI 364.99 (+0.94) SIMSCI FUTURES 364.90 (+0.70) MARKETS Tuesday Change KICOMP 1,118.96 +5.94 NIKKEI 225 17.237.77 +146.18 HANG SENG 19,898.08 -131.58 SET INDEX 616.75 -17.07 JAKARTA COMP 1.780.88 32.51 MANILA COMP 2,972.32 +20.00 SEOUL COMP 1,374.34 +3.53 SHENZHEN B 460141 words
-
Page 1 Advertisements
-
Advertisement115 2007-01-10 1 Shipping Shipping Executive money Executive money if. •<|f Invenit ft Fecit invented and made Hie motto of a contemporary watchmaker building his own history. Mm 2 W Mr O /I wwoit RicH E\JEST^m M I Ivmv KM ESW Wh Built In harmony with ihr noblmt tradition* of IHlh ratntury murine115 words
-
TOP STORIES
-
Article, Illustration1371 2007-01-10 2 MICHELLE QUAH - NKF CIVIL SUIT Durai charged $2m to charity's credit card for luxury travel, court told Reports by MICHELLE QUAH [SINGAPORE] Further accusations of mismanagement and self-indulgence were hurled at former National Kidney Foundation (NKF) chief T T Durai yesterday, on the secondWONG KWAI CHOW/ST - 1,371 words
-
Article258 2007-01-10 2 AFTER two days in court, the case put by Allen Gledhill (A&G), representing the new National Kidney Foundation (NKF) board, has become clear. It hinges on proving two things: First, that TT Durai was a de facto director of NKF through the responsibilities he assumed;258 words
-
Article566 2007-01-10 2 AirAsia orders 50 Airbus planes worth US$3.3b IN a move which will see it emerge as one of Asia's largest airline groups, Malaysia's AirAsia has gone on a buying spree which will boost its fleet to over 160 planes within the next six years. Asia's largest budget carrier566 words
-
Article, Illustration640 2007-01-10 4 DANIEL BUENAS - Nation-wide survey suggests most start-ups fare relatively well By DANIEL BUENAS [SINGAPORE] What is the profile of the average Singaporean entrepreneur? He is male, below the age of 40, and has at least an Alevel or diploma, according to an inaugural nation-wide survey ofSome: DP - 640 words
-
555 2007-01-10 4 [SINGAPORE] Business sentiment in most countries is stronger now than it was a year ago, with optimism in Asia apparently at an all-time high, according to a global survey of private businesses. Accounting firm Grant Thornton International's latest poll of some 7,200555 words
-
Article, Illustration805 2007-01-10 4 VEN SREENIVASAN - Carrier could be Asia's largest by passenger size by 2013 or 2014: CEO By VEN SREENIVASAN [SINGAPORE] In a move which will see it emerge as one of Asia's largest airline groups, Malaysia's Air Asia has gone on a buying spreeBLOOMBERG - 805 words
-
-
Page 2 Advertisements
-
Page 3 Advertisements
-
Advertisement274 2007-01-10 3 i l S > Wy. ■>' '■i'' < ji| The new GS 300 with a more powerful direct fuel injection 1 245bhp engine. Because, more than getting ahead, true success is about maintaining your lead. *-v-" i-.V ■%}£)|^H| n.. M < «3 H H mi ill Hi nB9 IH BPf274 words
-
-
Page 4 Advertisements
-
Advertisement142 2007-01-10 4 nHHHHHa 9 I I 1 I Jw |S| »jj jjjji jj-»| 3jL BE S A EA T FAaNG R BEAUTIFUL SUNRISES SUNSPffTpRIVATE BEACH I CONFER!NC£jPf?PA t GOLF I > ENTERTAINMENT I SHQgrfNG I THEME PARTIES V^M I i j CHECK US OUT FOR A FREE NIGHT'S STAY www.batamview.com I (corporate142 words
-
-
COMPANY NEWS
-
Article, Illustration618 2007-01-10 5 MATTHEW PHAN - HOCK LOCK SIEW By MATTHEW PHAN WATER specialist Hyflux has acted on an idea it has tossed around for years: it has injected its stake in the Tuas desalination plant into a business trust that has exposure albeit indirectlyFILE PHOTO - 618 words
-
649 2007-01-10 5 RONNIE LIM - Initial assets worth $400 m comprise town gas supplier, desalination plant By RONNIE LIM TEMASEK Holdings is setting up Singapore's first infrastructure fund, City Spring Infrastructure Trust (City Spring), and taking it public as well. The fund comprises initially the assets649 words
-
-
Page 5 Advertisements
-
Advertisement487 2007-01-10 5 ■Ewlf J I dBH P^jr flr CfggP' L ft Ik v 1 *r > VHH^n Achieve results with Lyxor ETF China Enterprise (HSCEI) (sgx code: Lyxor China h iouss) and benefit from China's superior growth potential: Control buy and sell the China's representative companies with live prices any second on487 words
-
-
SINGAPORE MARKETS
-
Article, Illustration905 2007-01-10 6 LARRY WEE - CURRENCIES But US-dollar bears may well face a rougher ride elsewhere LARRY WEE Senior Correspondent IF THE past three weeks' experience provided any guidance at all, 2007 could well turn out to be quite different for financial market traders from what they905 words
-
Article, Illustration15 2007-01-10 6 Clob Closing prices are in trading currencies, but absolute difference is in S$. Source: Reuters15 words
-
Article, Illustration790 2007-01-10 6 LIRA SHANKARI - Compiled by LIRA SHANKARI Karin Tech Jan 9 dose: $0.20 OCBC INVESTMENT RESEARCH, Jan 9 30 years and still going strong: We visited Karin Technology recently for their 30th anniversary celebration in Hong Kong and to see their facilities in Shenzhen. Based on the update from the management, IHO7Source: Bloomberg - 790 words
-
Article, Illustration508 2007-01-10 6 R SIVANITHY - STOCKS R SIVANITHY Senior Correspondent PENNY construction stock fever continued to rage unabated in a mixed session for the local stock market yesterday, during which traders kept one eye firmly fixed on overseas markets for clues on where stocks might be headed in the near508 words
-
-
COMPANY NEWS
-
Article, Illustration412 2007-01-10 7 WONG WEI KONG - By WONG WEI KONG SINGAPORE Press Holdings (SPH) will spend $48 million upgrading its second printing plant at Media Centre in Genting Lane. Announcing the move yesterday, SPH said new equipment will replace two Urbanite presses installed more than 20 years ago.YEN MENG JIIN - 412 words
-
Article, Illustration449 2007-01-10 7 WEE LI-EN - Exec in CPIB probe sells 9.5 m shares to Mid-East investors before quitting By WEE LI-EN LINAIR Technologies' Oh Boon Hua, who was in the news last year over allegations that he bribed a manager in a multinational company in return for a contract for his449 words
-
482 2007-01-10 7 Slow Li Sen - By Slow Li Sen STARHUB shares had a volatile trading time yesterday following news of a marketing campaign from bigger rival Singapore Telecommunications (Sing Tel) but ended higher as investors shrugged off the challenge. After falling as much as six cents482 words
-
412 2007-01-10 8 WONG WEI KONG - Controlling stakeholders of Thai Village accept all-share offer By WONG WEI KONG APEX-Pal International Ltd owner of the Sakae Sushi chain is making a bid to buy over Thai Village Holdings, a restaurant group best known for its signature braised shark's fin soup.412 words
-
228 2007-01-10 8 VINCENT WEE - By VINCENT WEE A-SONIC Aerospace has unveiled plans to transform its logistics business unit, with focus on providing logistics solutions, including supply chain management, particularly third-party logistics. In an announcement on Monday, which outlined its new year targets, the logistics and aviation engineering group228 words
-
Article, Illustration260 2007-01-10 8 ROLAND LIM - The Xdock Wireless enhances compressed digital music By ROLAND LIM CREATIVE Technology yesterday unveiled its first iPod-specific accessory that confirmed its entrance into the growing iPod accessory market and the expansion of its accessories business. While Creative has previously sold accessories such as speakers and260 words
-
Article281 2007-01-10 8 Wheelock sells Tokyo property WHEELOCK Properties yesterday announced its Japan unit sold a property in Tokyo for 9.9 billion yen (S$127.4 million). The property has a book value of $97.1 million and Wheelock expects to make a gain of $50.2 million. JEL Corp CEO places out shares JEL281 words
-
-
Page 7 Advertisements
-
Advertisement244 2007-01-10 7 —-C 1 HT r 1 mf I F' w ■**>.<» .:r our .w> I I m I I «jr I I I I J** I i ■-->:» A l I mm I mm J J mm I TRfey help me meet jM,.A IHHBf m 1 1m I fcw Wrth older244 words
-
-
Page 8 Advertisements
-
Advertisement247 2007-01-10 8 FREEHOLD SITE FOR MIXED LANDED HOUSING NEAR KOVAN MRT r Q tampines RD 1 Site area 49,471 sf Tender dosing: o^"uppp B Feb 2007, Thurs, 4pm FINANCIAL HIGHLIGHTS Mainboard-listed Singapore Press Holdings Limited (SPH) has reported its results for the first quarter ended November 30, 2006. Profit before investment income247 words
-
-
Page 9 Advertisements
-
Advertisement3069 2007-01-10 9 VOLUNTARY CONDITIONAL CASH OFFER by KIM ENG CAPITAL PTE. LTD. (Company Registration No. *****7700 C) (Incorporated in the Republic of Singapore) for and on behalf of ALAM INDAH BINTAN PTE. LTD. (to be renamed GA 1821 PTE LTD) (Company Registration No. *****9806H) (Incorporated in the Republic of Singapore) to acquire3,069 words
-
-
SINGAPORE NEWS
-
Article, Illustration414 2007-01-10 10 UMA SHANKARI - By UMA SHANKARI SALES of units in two mass market condominiums launched recently Frasers Centrepoint's ClementiWoods on West Coast Road and Allgreen Properties' Blossoms Woodleigh in Potong Pasir are moving along at a good pace. At the 240-unit, 99-year leasehold ClementiWoods, about 120414 words
-
Article, Illustration521 2007-01-10 10 KALPANA RASHIWALA - PROPERTY MATTERS Acquisition-for about $134m-is under two deals structured last year By KALPANA RASHIWALA A PROPERTY fund managed by Macquarie Global Property Advisors (MGPA) is said to have bought 12 floors at Springleaf Tower on Anson Road for a total of aboutFILE PHOTO - 521 words
-
446 2007-01-10 10 KALPANA RASHIWALA - By KALPANA RASHIWALA FAR East Organization is expanding its presence in the Bukit Timah-Keng Chin roads area. The property giant has paid $55 million for a freehold site owned by wine merchant Hock Tong Bee, descendants of pioneer local446 words
-
286 2007-01-10 10 VINCENT WEE - By VINCENT WEE HOW to move Singapore's educational institutions forward to meet the needs of a knowledge and research hub will be the subject of deliberations at the sixth meeting of the International Academic Advisory Panel (lAAP) which started yesterday and286 words
-
Article, Illustration607 2007-01-10 10 Slow Li Sen - RMF will look for new hedge fund managers in region By Slow Li Sen SWISS-based RMF Investment Management, a leading fund of hedge funds provider, has opened an office in Singapore to tap into Asia's growing hedge fund industry. RMF, whichFILE PHOTO - 607 words
-
271 2007-01-10 10 AMIT ROY CHOUDHURY - By AMIT ROY CHOUDHURY AS part of a reshuffle of its Asia-Pacific operations, IBM yesterday announced a number of new appointments, including a new managing director for Singapore. Teresa Lim has been named the new managing director of IBM Singapore, replacing Patricia Yim,271 words
-
454 2007-01-10 10 More offshore companies tap S'pore bond market Reuters [SINGAPORE/HONG KONGI More overseas companies are selling Singapore dollar bonds, tempted by the country's low interest rates and a growing pool of investors who want to hold assets in the currency. In a region still scarred by the effects of the 1997/98Reuters - 454 words
-
-
ECONOMY WATCH
-
288 2007-01-10 11 Reuters Bloomberg [WASHINGTON] The US economy is, overall, moving upward and showing signs of accelerating again, former Federal Reserve chairman Alan Greenspan told Japanese Finance Minister Koji Omi, a Japanese Finance Ministry official said on Monday. Mr Omi, who is meeting topReuters; Bloomberg - 288 words
-
Article, Illustration602 2007-01-10 11 Trade chiefs talk of new impetus to break deadlock on global trade talks NYT [WASHINGTON] Trade envoys from the United States and Europe said on Monday that they had made progress in resolving differences to break an impasse on global trade negotiations,NYT; BLOOMBERG - 602 words
-
Article, Illustration366 2007-01-10 11 Reuters [BEIJING] China will introduce a package of tightening measures this year, including likely rises in required reserves and interest rates, to ensure the economy cools without triggering a hard landing, a government think-tank said in a report yesterday. Steps already taken to mopReuters; REUTERS - 366 words
-
267 2007-01-10 11 Reuters [WASHINGTON] The International Monetary Fund's (IMF) income shortfall should widen by US$67 million to US$lO5 million in fiscal year 2007 after Indonesia, Serbia and Uruguay joined the list of borrowers repaying their IMF debts early, the global lender said on Monday. The FundReuters - 267 words
-
Article573 2007-01-10 11 Bloomberg [NEW YORK] US and European regulators are conducting a joint probe into whether banks and securities firms set strict enough limits on loans to hedge funds. The US Securities and Exchange Commission, the Federal Reserve Bank of New York and the Financial ServicesBloomberg - 573 words
-
371 2007-01-10 11 AP [HONG KONG] The International Monetary Fund (IMF) yesterday gave its backing to the Hong Kong dollar's peg to the US dollar, saying the exchange rate system can withstand Chinese yuan strength, helped by reforms introduced about two years ago. The HongAP - 371 words
-
-
Page 11 Advertisements
-
Advertisement1366 2007-01-10 11 Cats Notices NOTICE OF MEETING OF CREDITORS Pursuant to Section 296 of Hie Companies Act, Cap. 50 KESTREL PROPERTIES PTE. LTD. (Co. Reg. No. *****2793Z) (In Credfeon' Voluntary liquidation) Notice is hereby given that pursuant to Section 296 of the Companies Act, Cap. 50 that a Meeting of the Creditors1,366 words
-
-
MALAYSIA/INDONESIA
-
Article, Illustration942 2007-01-10 12 S JAYAS ANKARAN - M'sian firms will list abroad if it fits their business model, analysts warn By S JAYAS ANKARAN in Kuala Lumpur SINGAPORE-LISTED Wilmar International's US$4.3 billion buyout of the agribusiness activities of Malaysian tycoon Robert Kuok including KL-listed PPB Oil Palms is theAP - 942 words
-
Article2523 2007-01-10 12 VOl J*«» KM W- C000) A«M Realty 144 O.Q2 12 AbricBhd 0.32 0.01 35 Acp Industries 1.33 0.01 135 Advance Synergy .0.25 0.02 1622 AdventaBhd .0.91 0.01 5 Ae Multi Hldgs 0.37 unch 61 Affin Holdings ll.8S unch 1430 Ahmad ZakiResou 2.53 0.10 304 Ak Corp .0.66 -0.022,523 words
-
267 2007-01-10 12 Xinhua [KUALA LUMPUR] Most Malaysian chief executive officers see Thailand and Singapore as the country's top two competitors for foreign direct investments (FDIs), according to an Ernst Young survey. "Malaysia and Thailand were more similar in the sense that both were manufacturing hubsXinhua - 267 words
-
BRIEFLY ASIA
-
80 2007-01-10 12 [KUALA LUMPUR] Reclusive tycoon Syed Mokhtar Al-Bukhary has surfaced in Iran, where he will partner the country's state-owned firm, National Iranian Oil Company (NIOC), to develop a US$l6 billion gas project, according to a report in Malaysia's business Times. The businessman used his80 words
-
64 2007-01-10 12 Bloomberg [NEW DELHI] Honda Motor Co, Japan's third-largest carmaker, will spend 20 billion rupees (S$690 million) to set up a second car factory in India, where demand for automobiles is gaining from first-time buyers. Honda will choose the location for the newBloomberg - 64 words
-
52 2007-01-10 12 Bloomberg [KUALA LUMPUR] Malaysia plans to enable mobile-phone users to switch service providers without changing their numbers by the middle of this year. Energy, Water and Communications Minister Lim Keng Yaik said, yesterday. "We are finalising the details," he told reporters. "It could beBloomberg - 52 words
-
73 2007-01-10 12 AFP [JAKARTA] PT Sinar Mas Agro Resources and Technology said yesterday it had signed an agreement with China National Offshore Oil Corporation and Hong Kong Energy (Holdings) Ltd for the development of a US$5.5 billion renewable energy project in three phases over eight years.AFP - 73 words
-
76 2007-01-10 12 AFP [KUALA LUMPUR] Malaysian ministers are to investigate a US move to slap sanctions on a company called Target Airfreight, accused of illegal sales of weapons technology, a report said yesterday. The US last Friday announced it had imposed sanctions on 24 companies,AFP - 76 words
-
-
567 2007-01-10 12 Bloomberg [KUALA LUMPUR] Malaysia's industrial production rose at the fastest pace in nine months in November after declining in October when holidays reduced the number of working days. Overall production at factories, utilities and mines rose 7.2 per cent from a year earlier,Bloomberg - 567 words
-
-
RABOBANK ROUNDTABLE
-
Article, Illustration3062 2007-01-10 13 Challenges in food agribusiness OVERVIEW ASIA is enjoying unprecedented growth, and the resultant rise in affluence has spurred growth in the food and beverage (F&B) industry. But this growth has been uneven across Asia, which is one of the most heterogeneous regions in terms of economic development, culture and taste.3,062 words
-
-
Page 13 Advertisements
-
Advertisement16 2007-01-10 13 I Rabobank This is the last of a three-part series brought to you by Rabobank International16 words
-
-
GREATER CHINA
-
482 2007-01-10 14 AFP Bloomberg [TAIPEII Taiwan's finance minister and top financial regulator were asked yesterday to step down to shoulder responsibility for the financial storm sparked by a failing bank as investigators launched a probe into the alleged irregularities. The government took over The Chinese BankAFP; Bloomberg - 482 words
-
Article, Illustration631 2007-01-10 14 Surge of 106.2% values insurer at US$128b, second only to AIG Reuters Bloomberg AFP [SHANGHAI] Shares in China Life Insurance Co, the country's biggest life insurer, more than doubled in their Shanghai debut yesterday, attracting huge interest as the first insurer to listReuters; Bloomberg; AFP; REUTERS - 631 words
-
174 2007-01-10 14 AFP [BEIJING] China will mull a new financial super inter-agency to manage its US$5 trillion held in the nation's various state-run financial institutions, state media reported yesterday. China's state council, or Cabinet, will consider a proposal this month to establish the oversightAFP - 174 words
-
402 2007-01-10 14 Xinhua [BEIJING] China's National Audit Office (CNAO) discovered 7.1 billion yuan (551.39 billion) in illegally used social security funds in 2006, Auditor-General Li Jinhua said on Monday. Mr Li also announced that China's auditors found that government officials were responsible forXinhua - 402 words
-
Article213 2007-01-10 14 AFP [TAIPEI] Taiwan's United Microelectronics Corp said yesterday that its sales in 2006 rose 14.7 per cent to NT$104.10 billion (S$4.9 billion). The world's second-largest wafer foundry said its sales in December alone fell to NT$8.37 billion from NT$ 8.69 billion in November andAFP - 213 words
-
-
Page 14 Advertisements
-
Advertisement57 2007-01-10 14 > p LL "v Sh CM —to**' i^jypMi^R 11. .> '■.-ITO .HM ■iMmnT*^^H Reproduction ofSPH material without licence or permit amounts to an infringement of SPH's copyright under the law. SPH reserves the right to seek full recourse in respect of such an infringement. "SPH material" includes all SPH publications:57 words
-
-
INDIA
-
356 2007-01-10 15 Reuters [NEW DELHI] A new scheme will allow millions of people of Indian origin to retrace their roots, generations after European colonisers took their ancestors across the seas to alien lands to work as indentured labourers, researchers say. The "Ancestral Search Programme",Reuters - 356 words
-
Article, Illustration593 2007-01-10 15 This comes ahead of potential battle for India's Hutchison Essar Reuters AFP [NEW DELHI] Vodafone chief executive Arun Sarin is to meet India's prime minister in New Delhi today, according to the Daily Telegraph, as a potential battle looms for Indian bidReuters; AFP - 593 words
-
757 2007-01-10 15 SIDDHARTH SRIVASTAVA - By SIDDHARTH SRIVASTAVA in New Delhi THE bidding war over Hutchison Telecommunications International's (HTIL) 67 per cent stake in its Indian arm, Hutchison Essar, has all the makings of a major potboiler. "Matters are on the brink," a close observer told BT. "The757 words
-
352 2007-01-10 15 Reuters [MUMBAII Ranbaxy Laboratories, India's third-larg-est drug maker by market value, said on Monday it was interested in acquiring the generic drug business of Germany's Merck. Merck said on Friday it was considering selling its generic drug business, which is estimated by analysts toReuters - 352 words
-
-
Page 15 Advertisements
-
Advertisement123 2007-01-10 15 hSv 9T I 111 sHE j^g-awt r S§ Umb Pjn|^ •Iw < *wZ, jJ I.'.} II .axrae I Chic chandeliers, I m high-tech gadgets, IJHr fabulous homes W and more. SPHmagazines Diners Club Card r<.« PP 1 »cJ764i6 0980 A World of Exclusive Privileges Treats Diners Club L WPBB3 WBHBBP123 words
-
-
MIDDLE EAST
-
419 2007-01-10 16 Democrats seem divided on whether to block new funds AP [WASHINGTON] US President George W Bush is telling lawmakers he will send thousands of more troops to Iraq's two most troubled regions, in a plan that Democrats are resisting as aAP - 419 words
-
433 2007-01-10 16 AP [DUBAI] Paris' famed Louvre art museum could open a satellite branch in the Emirates capital, Abu Dhabi, if ongoing talks between government officials succeed, an official here said on Monday. In July, the New yorkbased Guggenheim announced it would open a franchiseAP - 433 words
-
175 2007-01-10 16 Bloomberg [DUBAI] Dubai customs increased the number of bills it processed by 21.6 per cent in 2006 as the second-largest sheikhdom in the United Arab Emirates grows as a trading hub for the region. Transactions increased to 3.52 million in 2006 from 2.89Bloomberg - 175 words
-
Article231 2007-01-10 16 Bloomberg [ABU DHABI] The United Arab Emirates, the thirdlargest Arab insurance market, has tightened regulations for insurance brokers in an attempt to strengthen the industry. The Ministry of Economy has issued 11 regulations and amendments for insurance brokers, including raising the bank guarantee for the mainBloomberg - 231 words
-
Article6388 2007-01-10 16 UNIT TRUSTS FUNDS AM Antra Ajset Mgt (S'pore) Star Euope Etjty!** 1.047/ Star Evope Bond 1.182/ StvEwpeSrf 1224/ Star Asian Tiger Eqty 1298/ Star Asia Bond 1.315/ Star Asia Balanced...... 1.095/ Star Global Technology Fund!* 0.218/ MultiStFd 0.984/ Star Asia BondK/SO) ***** GtoMultiStUSD 1.157/ Asia Bond Fd A 105.14/ Asia6,388 words
-
-
Page 16 Advertisements
-
Advertisement5 2007-01-10 16 AllianzFI RCM Global Twin-Focus Fund5 words
-
-
ASIA-PACIFIC/WORLD
-
492 2007-01-10 17 Reuters [NEW YORK] Internet search giant Google is the best company to work for in America, according to Fortune magazine's annual list released on Monday. Ranking second was Genentech, the biotech company that topped the list last year, followedReuters - 492 words
-
214 2007-01-10 17 Bloomberg [NEW YORK] Wal-Mart Stores Inc the largest US private employer rolled out two television commercials nationwide that tout the benefits the company provides families and communities as it faces demands to boost pay and health coverage. The advertisements were re- leasedBloomberg - 214 words
-
Article, Illustration567 2007-01-10 17 LSE says bullish outlook justifies its stand; Nasdaq says strong Q3 won't change its view Reuters NYT [LONODN] The London Stock Exchange yesterday stepped up its fight against a hostile bid from Nasdaq Stock Markets Inc, saying a big jump inReuters; NYT; AP - 567 words
-
WORLD WATCH
-
Article119 2007-01-10 17 Bloomberg [SYDNEY] Alinta Ltd, Australia's biggest gas distributor, received a takeover approach from management backed by Macquarie Bank in what would be the country's largest buyout of an energy company. Alinta shares surged 13 per cent to a record, valuing the company at A$6.2 billionBloomberg - 119 words
-
77 2007-01-10 17 Reuters [SEOUL] President Roh Moo-hyun proposed yesterday changing South Korea's constitution to allow future leaders to stand for two four-year terms instead of the current limit of a single five-year mandate. Mr Roh said there was enough consensus to make the change before hisReuters - 77 words
-
74 2007-01-10 17 Reuters [WASHINGTON] US spending on healthcare hit nearly US$2 trillion in 2005, fuelled by the cost of hospital care, doctor's fees and prescription drugs, government experts said in an annual report. Healthcare spending grew 6.9 per cent to about US$1.99 trillion from about US$1.86 trillionReuters - 74 words
-
58 2007-01-10 17 Bloomberg [TOKYO] Citigroup Inc will shut about 80 per cent of its consumer-finance branches in Japan, a month after new laws in the country capped the interest rate non-bank lenders can charge. Citigroup boosted loan-loss reserves by US$375 million and said costsBloomberg - 58 words
-
-
371 2007-01-10 17 The price drop has rung alarm bells in Opec producers Reuters [LONDON] Oil broke through a crucial technical support level of US$55 yesterday, plunging US$2 a barrel a loss of 11 per cent since the start of the year. An unusually warm US winterReuters - 371 words
-
275 2007-01-10 17 Reuters [WASHINGTON] One study shows that milk can help people lose weight. Another shows that tomato juice might prevent cancer and a third shows benefits to fizzy sodas. But consumers should take those studies with a grain of salt, researchers reported onReuters - 275 words
-
280 2007-01-10 17 Reuters [ATLANTA] Retailer Home Depot Inc which ousted its chief executive assailed for his pay last week said on Monday the company's bylaws had been changed to require that two-thirds of independent directors approve the compensation of the chief executive. Previously, the bylawsReuters - 280 words
-
-
Page 17 Advertisements
-
AVIATION/SHIPPING
-
Article, Illustration674 2007-01-10 18 Safety regulations sufficient but there are enforcement problems: officials AFP Reuters [JAKARTA] Lax safety enforcement is hitting Indonesia's aviation sector as budget airlines come under pressure to cut costs, transport officials and experts warned yesterday as investigators continue the hunt for a missing plane.AFP; Reuters; REUTERS - 674 words
-
289 2007-01-10 18 Bernama [SINGAPORE] The International Air Transport Association (lata) has urged the Malaysia Airports Holdings Bhd (MAHB) and the Ministry of Transport to engage airlines in effective consultations when deciding on airport charges. lata said yesterday that there had been a lack of transparencyBernama - 289 words
-
319 2007-01-10 18 Reuters [BANGKOK] Jet Airways Ltd, India's biggest domestic airline, said it will expand its international operations with new flights to Bangkok in late January and flights to the United States late this year. Jet Airways said yesterday that it plans to launchReuters - 319 words
-
309 2007-01-10 18 Reuters [SINGAPORE] Freight rates for the benchmark Asian route hit a new 18-month high yesterday, boosted largely by a flurry of bookings from traders looking to secure their tonnage requirements ahead of the start of Brazil's grain season. Spot charterReuters - 309 words
-
258 2007-01-10 18 Reuters [TOKYO] A US nuclear submarine and a Japanese tanker collided in the Gulf, but there were no injuries or oil leaks, officials of the tanker's owner and the US military said yesterday. The USS Newport News submarine andReuters - 258 words
-
Article2285 2007-01-10 18 OTY HJCWT IT* ruwn ITP MmOMM SQ4S6 1300 AlMald* LH9771 1740 LH9770 2350 S0268 1740 SO269 2350 Wwnadabad SQ531 074? 1 Amtardam L***** 0645 KL838 2315 SQ323 0645 L***** 2345 KL837 1605 SQ324 2345 Anchofaq. i SQ7960 0445 Auckland EK433 0130 SQ281 0650 UL2433 0130 NZ43852,285 words
-
-
Page 18 Miscellaneous
-
Miscellaneous196 2007-01-10 18 CRYPTIC CROSSWORD DOWN drawn (9) Across: 1 Libel, 4 Speckled, 8 Ven--1 tr.ru, r n 1 6 Put more money in or gave tured, 9 Alacrity, 11 Leather, 13 1 Foals are frisky after a tonic, some back (8) Obnoxious, 15 Tower of strength, 18 A banker's order in America196 words
-
-
SHIPPING
-
Article, Illustration579 2007-01-10 19 GEORGE JOSEPH - David Chin's appointment comes after incumbent's surprise resignation By GEORGE JOSEPH [SINGAPORE] Veteran civil servant, trade development expert and government negotiator David Chin is set to become executive director of the private sector-led Singapore Maritime Foundation just as he retires after a distinguishedFILE PHOTO - 579 words
-
502 2007-01-10 19 DONALD URQUHART - By DONALD URQUHART [SINGAPORE] Norwegianbased oil production and storage vessel operator Prosafe ASA has taken delivery of the latest offshore vessel converted by Keppel Offshore Marine, with two more conversion contracts possibly going to Singapore's largest offshore shipyard group. The502 words
-
Article123 2007-01-10 19 Reuters [DHAKA] Some 56 foreign and local vessels are caught up in protests at Chittagong port ahead of elections in Bangladesh, unable to load or unload due to a three-day nationwide transport blockade, officials said. A multi-party political alliance led by former premier Sheikh Hasina, leaderReuters - 123 words
-
-
Page 19 Advertisements
-
Advertisement105 2007-01-10 19 I Rapid Shipping Pte Ltd is looking for SALES EXECUTIVES To sell its services relating to freight consolidation, freight booking and general forwarding covering W worldwide destinations. I Candidates must meet the following criteria |g| At least 2 years experience in similar industry and/ or NVOC business Bi-lingual Possess the105 words
-
Advertisement443 2007-01-10 19 FIRST ASIA SEA TRADES SDN BHD <o> a n established dry cargo shipping company, /l FIRST ASIA SEA TRADES SDN BHD's -M- market leadership in Malaysia echoes that of its parent company in Dubai. The Company is now for looking an energetic, motivated and result-oriented Charter Shipbroker to manage the443 words
-
Advertisement366 2007-01-10 19 TUVALU SHIP REGISTRY 1. Low taxes 5. Worldwide network of surveyors 2. Agreements with lACS members 6. No restriction on nationality of ownership f 7. Tuvalu is a party to STCW 1987 convention statutory certificates a# amended and country in the IMO 3. Accedes to latest international "White List" conventions366 words
-
-
EDITORIAL & OPINION
-
Article522 2007-01-10 20 EDITORIAL ONE of the more underrated risks facing investors in Asia is what economists call "policy risk" namely, the risk that governments will impose a wrong (or even a right) policy at the wrong time, or a policy (whether right or wrong) without adequate preparation. Many analysts522 words
-
Article, Illustration1139 2007-01-10 20 SHADA ISLAM - Issues include revival of failed EU constitution and problems over Turkish accession SHADA ISLAM Brussels Correspondent EUROPEAN Union citizens marked the start of 2007 with two historic developments: the entry of new member states, Romania and Bulgaria, which joined the now 27-nation blocREUTERS - 1,139 words
-
Article, Illustration738 2007-01-10 20 FRANK CHING - THE BOTTOM LINE FRANK CHING AT A time when China's relations with the United States are good and those with Japan markedly improving, the Taiwan issue has once again emerged as a joker that may disrupt Beijing's relations with the two biggest economies738 words
-
Article, Illustration995 2007-01-10 21 NOAM N LEVEY - Since the early *****, Congress has intervened in at least five foreign conflicts by dictating what US forces should do By NOAM N LEVEY LAT AS THEY prepare for weeks of oversight hearings on the war in Iraq, Democratic congressional leaders are ruling out fundingLAT; AFP - 995 words
-
Article791 2007-01-10 21 ROGER STERN - By ROGER STERN IHT IRAN has ensnared itself in a petroleum crisis that could drive its oil exports to zero by 2015. While Iran has the third-largest oil reserves in the world, its exports may be shrinking by 10 to 12 per cent perIHT - 791 words
-
Article847 2007-01-10 21 Mak Yuen Teen - LETTER TO THE EDITOR Mak Yuen Teen Director Corporate Governance and Financial Reporting Centre NUS Business School I REFER to the article "Xpress Holdings: cause for concern?" (RT, Jan 5) by Michelle Quah, which provides a thoughtful analysis of the key issues surrounding the refusal847 words
-
-
Page 21 Advertisements
-
Advertisement22 2007-01-10 21 I Lianhe Zaobao lls Hong Kong I I luxury housing I I the J I world's 4 I priciest 21 I I22 words
-
-
Article10054 2007-01-10 22 SGX MAINBOARD Transaction date: Jan 9 52-Wk T«l Last Vol Day Laft Quote Dtv Gr*W Nat MCap High Low Coda Company Sala ♦<- COOP) High low feiyar Sa>af Cw Ht $n* 15 1 5716 1st Software 2 susp 8.1 11.5 6 3148 8Te(econ> .93 unch 280 9 510,054 words
-
Page 22 Advertisements
-
Article5362 2007-01-10 23 FINANCE COMMODITIES SGX DERIVATIVES TRADING OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Mar07 94 665 0 8004 Jun07 94.780 0 ***** Sep07 94.940 0 9501 Dec07 95.075 0 3714 EUROVEN FUTURES Mar07 99 300 99 315 99 300 99 315 1193 ***** Jun07 99.180 99.185 99.180 99.190 1625 *****5,362 words
-
Page 23 Advertisements
-
Advertisement61 2007-01-10 23 Phillip Futures' 24-hour Q3 Energy Commodity Desk JHK/ V D provides you with advice on hedging techniques, superior client service t V IPnillipOdpitd! and timely order execution. m fli 4 ir no > M Your Partner In Finance For more details, visit www.phillipfutures.com.sg or call us at 6531 1509. M61 words
-
-
Page 24 Advertisements
-
Advertisement1666 2007-01-10 24 UK CONTINENT SERVICE U.S.A SERVICE Destination Destination DD SUCCESS RDM/ATW/BMN/TLB/NAN XU CHANG HAI lAX/VCW/MZL MARY H CAM/NFK/NOL/SAV loads Singopore. E./W. Malaysia. Indonesia Loads E./W, Malaysia, Indonesia MIDDLE-EAST SERVICE F.E./S.E.A. SERVICE Destination VANGUARD DBI/ABU/DOH/BRN/DMM/KWT Destination BLUE SKY DBI/ABU/DOH/BRN/DMM/KWT STX PO TBN INC/BSN PAN VOYAGER JDH/DMT/BJA Loads Singapore, E./W. Malaysia, Indonesia Loads1,666 words
-
Advertisement727 2007-01-10 24 IINTiKAtiA RORO SERVICE VKsa/ypY ramped hbghhm) wo «h lo sm jkt STRAITS EXPRESS 2 30 4 25/01 21/01 30/01 STRAITS EXPRESS 3 30 4 02/02 04/02 06/02 11/02 1 3/02 STRAITS EXPRESS 4 30 4 02/03 04/03 08/03 11/03 13/03 AUSTRALIAN RORO SERVICE VBSa/VOY RAMPgT) HBOHTtM} ICR I SM I727 words
-
-
Page 25 Advertisements
-
Advertisement1522 2007-01-10 25 WAN HAI INTERNATIONAL PTE LTD a NO; **********0/R TH: *****588 (HUNK) FAX:*****163 V\\MN\AIAIJ II A I I IMCC CMHMtrStnfc./BoobigsKMtUM-(1800)*****200 V vl IVvHH IIMI LllltJ miH:(OJ(S34^F*X:(O3)JJ«Sa»PWm:(D<)2»MO#«Ut(M)n»aW lU JOH m: IDT) 2SISVZS NUL- (07)25ia«21 SUR IB: (031) *****75 NUb (031) 32*2714/ *****05 JWl* (021) S2S4IMFW: (021) 52M7»»fW I* *****0/7HW FAS 71*379 WWW.WinnQi.com.ig1,522 words
-
Advertisement1363 2007-01-10 25 f-jn EASTERN CAR LINER, LTD y A SPECIALIZE IN RORO 1 HEAVY LIFT UPTO 450 TOWS INTRA-ASIA SOVK! VOY Raaf Ufttag SIM TPP PKlfll) PKKW) PNN JKT SIR K1 HI »TU WASAN MfRUONACE 33 12/01 20/01 1 flftWtUfltt W~IB IFIW~ Ml IF TPIT H7BT ASIA STAR 3C 45 13/101 14/1,363 words
-
Advertisement702 2007-01-10 25 WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS resa I wt I sw rowc coiowo »w> Icoiomc ujiv &AMOMI onaw 11 mm HMO ifiJAH. 2UM— *««w OOSW IZJAM IIJAN 2]JAM iIW towrenwu tmwi ?3JAW ?4JAW I 27JAW 30JAW 03fB AISO ACQPTOG KllO COOBL TUTtCOMN t702 words
-
-
The Business times Shipping Times
-
6536 2007-01-10 26 ETA ETA Advertiser Vessel Voyage Telephone SIN Desfn Name Name Number Nember To ABIDJAN (ABJ) 2003 Cote D'lvoire 18/01 19/02 Mmas D€LMAS BAUOIN 706W *****344 18/01 21/02 Del mas DELMAS BAUOIN 706W *****344 To ABU DHABI (AUH) 2004 U. A. Emirates 18/01 01/02 SO6,536 words
-
-
Page 26 Advertisements
-
Advertisement598 2007-01-10 26 1 VESSEL VOY PKL SIN KARACHI PXB BAB DMM BIK KHOR HAN SATTARI PCL SI S3 16/01 17/01 26/01 29/01 30/01 05/02 07/02 09/02 IRANSHAHRYAR PCI SIM 23/01 22/01 01/02 04/02 05/02 11/02 13/02 15/02 IRAN BAABAEI PCI 8186 23/01 24/01 02/02 05/02 06/02 12/02 14/02 16/02 IVBSa VOT SSI598 words
-
Advertisement385 2007-01-10 26 a*, —s?ii HtllSSk TOTH W7ST W7JT FJZWTIH TOT TI7IT WIT iraowT ma Win ml noma nti rfm rtm fuumi fijfi ii/ii li/ai tumu rai w/m "WTHHT Tsfoiftn— Ufa 9k T5701 1* Ha BTTBTirn^S s>mKWTMI6 m urn lizsj gyi llfl gfll flfll VKSQ VOY SIN PAS* GUDANG QfTTAGOHG m— —~~mr~ iiai385 words
-
Advertisement295 2007-01-10 26 flak GLORY NAVIGATION GROUpI I( SINCE I*7o OWNS OPERATES THE YOUNGEST FLEET TWELVE 7,000 DWT TWEEN DECKERS I COVERING a THE ENTIRE ASIA PACIFIC PORTS I REGULAR WEEKLY SERVICES: m IKAOHSIUNG A CHINESE PORTS, HONG KONG TO FROM SOUTHEAST ASIA J SMGAPORE MAP MOON SMTMGIS) PIE DD 14 MNBON HMD,295 words
-
-
MOTORING
-
Article, Illustration643 2007-01-10 28 SAMUEL EE - Toyota remains clear market leader in S'pore for fifth consecutive year By SAMUEL EE SINGAPORE'S three most popular makes in 2006 were all Japanese, as Honda displaced traditionally third-placed Hyundai to round up the top three positions and install its Civic643 words
-
Article, Illustration540 2007-01-10 28 SAMUEL EE - By SAMUEL EE ONCE the best-selling MPV in its class, not to mention the cheapest, the Kia Carens is now reinventing itself as a slightly more upmarket CUV or crossover utility vehicle. The third-generation of this seven-seat MPV has undergone a full540 words
-
-
Page 28 Advertisements
-
Advertisement73 2007-01-10 28 f ,j$J v i M- v• SB KBaj i -rI KB bBBBIBBB i&W* P 111 lf **k .r" a hh H JUr 1 v v IB sl I jak^^ IK b 'j'^'* Pw WghJK ~m I /JB/\ S f I «HBkt Z 1 L__^i^—— j ...a ,i..1 ■>■■ jjj; v73 words
-
-
EXECUTIVE MONEY
-
Article, Illustration1520 2007-01-10 29 B J OOI; LIANG MUN CHUAN - TAX ALERT B J 001 and LIANG MUN CHUAN discuss tax risks associated with non-compliance and what can be done to undo errors of the past B J OOI and LIANG MUN CHUAN ■■Hi MPLOYERS have a statutory obligation to provide an annual return of taxableFILE PHOTO - 1,520 words
-
Article, Illustration1119 2007-01-10 30 GENEVIEVE CUA - GENEVIEVE CUA looks at two of the latest investment products offering headline rates GENEVIEVE CUA EQUITY markets may soar but income remains a major theme in the funds and structured notes market, judging by the early crop of products launched this year. CouponsSource: Bloomberg - 1,119 words
-
Article, Illustration868 2007-01-10 30 JOSEPH CHONG - MONEY MATTERS GST hike can be avoided if proceeds from government land sales are included in Budget calculations JOSEPH CHONG THIS is the time when many look back on the old year and try to figure how the new year will868 words
-
-
Page 29 Advertisements
-
Advertisement1892 2007-01-10 29 Cats Notices ~i3s^ AMPLEFIELO LIMITED (Incorporated in the Republic of Singapore Company Registration No. *****0188N NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that an Annual General Meeting of the Company will be held at Carlton Hotel Connaught Room, Level 2,76 Bras Basah Road, Singapore *****8 on Monday, 291,892 words
-
-
Page 30 Advertisements
-
Advertisement183 2007-01-10 30 f-- OTP NANYANG TECHNOLOGICAL UNIVERSITY Nanyang Business School Nanyang Executive Programs At The Cutting-Edge Of Asian Exasulixa. Education FINANCIAL MANAGEMENT SERIES 4 Finance for Nonfinancial Managers P 23-24 April 20 21 September 2007 4 Corporate Finance: Enhancing Shareholders Value f 22-23 March /18 -19 October 2007 9 JUL Ho Kim183 words
-
Advertisement8 2007-01-10 30 TAX ALERT Form IR8A: Beware omissions PG 298 words
-