The Business Times, 11 January 2007
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2007-01-11
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The Business Times
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Title Section20 2007-01-11 1 THE BUISNESS TIMES siNGAfoffiy at http://business-times.asia 1 xom.sg A SINGAPORE PRESS HOLDINGS PUBLICATION MICA (P) 202/12/2006 Thursday, January 11 200720 words
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Article, Illustration1397 2007-01-11 1 MICHELLE QUAH - Admission opens up former NKF chief to at least $10m of claims which will be assessed at a later hearing. He also agrees to bear costs Reports by MICHELLE QUAH [SINGAPORE] TT Durai has given up the fight. The former National Kidney Foundation (NKF)1,397 words
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407 2007-01-11 1 TEH HOOI LING - By TEH HOOI LING [SINGAPORE] After the solid gains last year and so far this year, investors have used excuse of falling commodity prices and the revised foreign investment rule in Thailand to take profits. Most of the407 words
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Page 1 Advertisements
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Advertisement8 2007-01-11 1 INDEPENDENT DIRECTORS Isetan minorities fail in bid pages8 words
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Advertisement16 2007-01-11 1 Govt unveils plans to boost jMI digital media industry PAGE 27 Markets Digest is hold over16 words
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Advertisement34 2007-01-11 1 a"I -w" t I,- THAILAND Minister defends new business laws PAGE 3 t*" t -i. v■* Mk Fresh interest in jjj m\ unsold enbloc sites HM PAGE 2 fij- ii i n 1 r»34 words
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TOP STORIES
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Article, Illustration745 2007-01-11 2 KALPANA RASHIWALA - Analysts cite record prices for prime housing sites, high-end boom By KALPANA RASHIWALA [SINGAPORE] The continuing surge in the high-end residential sector and record prices for prime housing sites are reviving developers' interest in collective sale sites that were not sold last745 words
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Article400 2007-01-11 2 Changes will have minimal impact on economy: Thailand THAILAND'S military-appointed government yesterday came out to defend its move to plug the loopholes in the laws that allowed foreign companies to attain majority control of Thai companies using nominee structures, saying the new laws would have a minimal impact400 words
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Article, Illustration106 2007-01-11 3 MATTHEW PHAN - I NEARLY MESSED UP MY HAIR By MATTHEW PHAN [SINGAPORE] OSIM yesterday launched its first massage chair that comes with a joystick with Chinese actress Shu Qi lounging on the leather. "The chair is so comfortable, 1 nearly fell asleep and messed up my hair, "she drawled in Chinese. RetailingYEN MENG JIIN - 106 words
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Article, Illustration1014 2007-01-11 3 OUR CORRESPONDENT - NEW THAI LAWS ON FOREIGN OWNERSHIP Effect limited to very few companies that have wrong structure, he says By OUR CORRESPONDENT in Bangkok THAILAND'S militaryappointed government yesterday came out to defend its move to plug the loopholes in the laws that allowed foreignBLOOMBERG - 1,014 words
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403 2007-01-11 3 VEN SREENIVASAN - More flights to Chennai, Bangalore, Delhi By VEN SREENIVASAN [SINGAPORE] Singapore and India have signed an agreement to expand bilateral air services. Under the deal, sealed this week in New Delhi, the two nations' airlines can add more services between Singapore and403 words
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556 2007-01-11 3 SIOW LI SEN UMA SHANKARI - By SIOW LI SEN UMA SHANKARI [SINGAPORE] A day after Thailand announced new foreign investment laws, Singapore companies are still casting around for information amid confusion over the industries that are exempted and the time given for compliance. Quak Hiang556 words
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Page 2 Advertisements
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Page 3 Advertisements
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COMPANY NEWS
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657 2007-01-11 4 R SIVANITHY - HOCK LOCK SIEW By R SIVANITHY ON Dec 29 last year the shares of casino operator Genting International rose 10.5 cents or 14 per cent to 84.5 cents, a move that drew a query from the Singapore Exchange (SGX) as to whether the657 words
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Article, Illustration286 2007-01-11 4 WEE LI-EN - By WEE LI-EN DBS Group Holdings has trumped its corporate finance competitors for the crown of top financial adviser on mergers and acquisitions involving Singapore companies, according to a Thomson Financial midmarket M&A report released yesterday. For transactions worth up to US$lOO286 words
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Article6275 2007-01-11 4 UNIT TRUSTS FUNDS AMI Amro Asset Mgt (S'pore) Star Ei#ope Eqty!** 1.0*7/ Star Europe Bond 1.179/ Star Europe Bal 1_227 Star Asian Tiger Eqty 1.275/ Star Asia Bon) 1314/ Star Asia Balanced 1.085/ Star Global Technology Findl" 0-219/ MiAr St Fd 0984/ Star Asia 8ond(USD» 0.85V Gt) Multi St USO6,275 words
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810 2007-01-11 5 WONG WEI KONG - Company reveals it has appointed adviser to look into tax credit issue By WONG WEI KONG MINORITY shareholders of Isetan (Singapore) failed yesterday in their bid to unseat the independent directors of the company, but still made their point that the board should look810 words
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Article, Illustration438 2007-01-11 5 ARTHUR SIM - US$4b to be spent on developing Macao Studio City By ARTHUR SIM MACAO Studio City, in which Capita Land has a 20 per cent stake, will cost US$4 billion, making it the most expensive integrated resort (IR) on Macau's Cotai Strip438 words
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311 2007-01-11 5 WEE LI-EN - By WEE LI-EN KOH Brothers founder and chairman Koh Tiat Meng (T M Koh) increased his stake in the company yesterday through a share swap with his brother Koh Tiak Chye (T C Koh) who will resign as chief executive and managing director.311 words
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Article, Illustration504 2007-01-11 7 CONRAD RAJ - It also expects a net gain of $27m from the sale of its stake in CSC Holdings By CONRAD RAJ TAT Hong Holdings, the world's largest crawlercrane company, is expanding its presence in China, through a joint venture between its China-based504 words
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299 2007-01-11 7 EARLIER this week, Merrill Lynch launched its Citrine Singa-Booster Notes, the rating agency's second structured note for Singapore's retail market linked to the share price performance of eight local blue-chip stocks. The stocks are DBS Group Holding, City Development, Keppel Corporation, Singapore Airlines, Capita299 words
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Article219 2007-01-11 7 Court rejects Hengxin shareholders' bid HENGXIN Technology, which last month saw two shareholders turn to the courts to block its bpard from issuing new shares, yesterday said that the matter was heard by the court on Jan 9. Hengxin said that the court did not grant the plaintiffs'219 words
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437 2007-01-11 7 UMA SHANKARI - Company bringing upmarket label to China in August By UMA SHANKARI AUSSINO Group, best known here for its home furnishing products, is expanding into the high fashion arena. The group, which won the exclusive licensing rights for British high fashion label Hardy Amies437 words
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Page 4 Advertisements
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Advertisement8 2007-01-11 4 You can now your CPF savings to investar8 words
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Page 5 Advertisements
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Advertisement236 2007-01-11 5 Amlnvestment Bank, No. 1 in IPOs. t Once again, we have topped the Bloomberg League Table for Malaysian IPOs in 2006. The size of our achievement is a testament to our track record of being the best in our business. K-One VlsDynmmlcs I fsairocom" 1 gmt urmrkwd K-One Technology Bhd236 words
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SINGAPORE MARKETS
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Article, Illustration563 2007-01-11 6 TEH HOOI LING - STOCKS Indicator surrenders all of this year's gains, as banking stocks and Capita Land retreat TEH HOOI LING Senior Correspondent THE Straits Times Index (STI) yesterday gave back all the gains it had made so far this year and lost grip of the 3,000-point level,Source: Bloomberg - 563 words
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Article, Illustration1009 2007-01-11 6 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS (Disclosures made on Jan 10 and earlier) Subsantial No of Price SHAREHOLDING Trans Shareholder/ Buy I Shares Per Before After Stock Pate Director Sell '000 Shr S fOOO) 000) CSCHIdgs 10-Jan-07 Tat Hong HIdas Ltd *Sell ***** na ***** 3.37 0 0.00 CSCHIdgs 10-Jan-071,009 words
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Article, Illustration939 2007-01-11 6 UMA SHANKARI - Compiled by UMA SHANKARI Singapore Banks DBS Bank Jan 10 dose: $21.90 OCBC Jan 10 dose: $7.55 UOB Jan 10 dose: $19.10 CITIGROUP RESEARCH, Jan 9 WE REMAIN cautious on the Singapore banks at current levels. Although 3Q06 bank results in November were mixed, OCBC has since risenSource: Bloomberg - 939 words
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Article, Illustration536 2007-01-11 6 LARRY WEE - CURRENCIES LARRY WEE Senior Correspondent THE US dollar continued to build on its recent rebound yesterday, notwithstanding some concerns about another nasty US trade deficit number due for release overnight. Fears that America's November 2006 shortfall could hit record highs of US$6O billion couldSource: Reuters - 536 words
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Page 7 Advertisements
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Advertisement169 2007-01-11 7 t 111 l Jz m m *T HIT UNITED OVERSEAS BANK United Behind You Terms Conditions: Based on published interest rates as at 10 January 2007. 'Promotional rates apply to individuals only and are for a minimum deposit of U5525,000 and up to a maximum of US$l,OOO,OOO (or equivalent), held169 words
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SINGAPORE NEWS
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Article, Illustration519 2007-01-11 8 VINCENT WEE - Move aims to help hospital patients; rules also relaxed for MRI scans By VINCENT WEE SINGAPOREANS will soon be able to further dip into their Medisave savings to pay for hospital bills, the Ministry of Health (MOH) announced yesterday. As part of a reviewFILE PHOTO - 519 words
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Article, Illustration134 2007-01-11 8 THE colourful spectacle of Singapore's annual Chingay parade has now been immortalised in print. In commemoration of the parade's 35th anniversary, the People's Association Chingay Advisory Council and the Photographic Society of Singapore have jointly published a photobook entitled "Chingay Singapore On Parade".134 words
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228 2007-01-11 8 A TRUST fund for needy Singaporean students has been established by the estate of the late Lee Hiok Kwee in memory of his father, and is called the Lee Wee Kheng Fund for Needy School Children. The annual income from the fund, estimated228 words
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197 2007-01-11 9 THE Institute for Infocomm Research yesterday signed a Memorandum of Understanding (MOU) with MediaCorp Technologies Pte Ltd and the Media Development Authority for the research and development of a scaleable video coding system, media indexing, search and retrieval system, and Interactive TV to197 words
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Article, Illustration589 2007-01-11 9 RONNIE LIM - Exports from new Indian refineries may continue to hit S'pore industry By RONNIE LIM SINGAPORE refining margins look set to trend sideways in the first quarter of 2007 with the Chinese New Year lull but should be better than in Q4 2006,589 words
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Article294 2007-01-11 9 Anti-profiteering body gets new head MINISTER of State for Trade and Industry Lee Yi Shyan has been appointed chairman of the Committee Against Profiteering with effect from Jan 1. Fifteen other members have also been appointed to the committee. The committee was set up in 1994 to investigateBernama - 294 words
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Page 8 Advertisements
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Advertisement22 2007-01-11 9 millennium copthorne international of our woru B IJJSSShQHsSE For more offers on travel, dining and retail in Singapore and overseas, visit www.amexselects.com.sg22 words
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SINGAPORE INTERNATIONAL
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Article, Illustration1226 2007-01-11 10 CHUANG PECK MING - Chennai is not only a hub for the automobile and IT industries, it also has a diversified economy that includes hardware manufacturing and financial services, says CHUANG PECK MING CHUANG PECK MING CHENNAI has been described as "a seaside city whereREUTERS FILE PHOTO; FILE PHOTO - 1,226 words
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Article534 2007-01-11 10 QMAX set up shop in Chennai soon after it opened for business in Singapore in 1992. It was a necessary move. The two electronics engineers who put in $100,000 to start the company here had trouble recruiting engineers and technicians key staff for its business, which534 words
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Page 10 Advertisements
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Advertisement25 2007-01-11 10 Hh Nptwnrk ipHia nrprnipr nptu.nrlcinn niatfnrm fnr ran bp vnnr mrtnpr Network India Partner for Success W necwoßK indiA Helping Singapore enterprises internationalise Singapore Singapore25 words
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Advertisement47 2007-01-11 10 ENTERPRISE THE BUSINESS TIMES SINGAPORE Singapore international li MdM brought AM uaii WU II Himiiiftf aiui Tka BmliiAii ▼IfatAa IS w jrvu uj is iinytvviw ins inv luiinvH i itTIOTi is Knyiporv it in aomcv undtf th# Mlniftfv of Trait am livsottfv hsiDino ftinoADort tupoft tno ion®47 words
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ECONOMY WATCH
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551 2007-01-11 11 Government may set up investment agency similar to Singapore's GIC Reuters [SINGAPORE] China, the first country to amass US$l trillion in reserves, is set to revamp the way it manages that stockpile and investment managers have reason to be both eager andReuters - 551 words
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706 2007-01-11 11 They are also diversifying across asset classes Reuters [LONDON] Central banks around the world are looking to invest more of their U554.75 trillion foreign exchange reserves in equities at the expense of bonds. The implications for currencies from that move are far from clear.Reuters - 706 words
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Article, Illustration346 2007-01-11 11 AFP [CEBU, Philippines] Southeast Asian leaders will this week call on major powers to make substantial concessions to get global trade talks back on track, an official said yesterday. They will also signal their own readiness to be more flexible toAFP; BLOOMBERG - 346 words
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294 2007-01-11 11 It hits US$177.5b, exports up 27.2%, imports up 20% AP. Bloomberg [BEIJING] China's 2006 global trade surplus jumped nearly 75 per cent over the previous year to a record U*****.5 billion, according to data reported yesterday by a state news agency. The report seemedAP. Bloomberg - 294 words
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276 2007-01-11 11 Bloomberg [GENEVA] Foreign direct investment (FDI) increased for the third consecutive year in 2006, to US$l.2 trillion, with South and East Asia receiving a record US$lB7 billion. A United Nations report credited high commodity prices, growing corporate profits and theBloomberg - 276 words
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Page 11 Advertisements
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Advertisement122 2007-01-11 11 4 GREENLEAF GROVE District 10 jmfo -f in lj^«_l namepaktorHOliANETlSDAD. j or.r »-i y. .i K^r 5 aamEtfwreisTHiFiM 9 RESIDENCE WHERE YOU .-/T CAN leave THE [fi& UZZL& surprises ioujujv ui& Ljr&Ms HUSTLE BUSTLE OF THE CITY BEHIND. J Exclusive 2-storey semi-detached house with attic f Beautiful lush greenery and122 words
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MALAYSIA/INDONESIA
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Article, Illustration534 2007-01-11 12 S JAYASANKARAN - But govt official says they wilt have to wait for decision on foreign partner By S JAYASANKARAN in Kuala Lumpur PRESENTATIONS have been made to Malaysian deputy premier Najib Razak by three business groups Sime Darby, DRB-Hicom and Naza Motors interested inAFP - 534 words
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Article2530 2007-01-11 12 VOL Jan 10 KM W- C000) AIM Realty 1,48 0.04 168 Abric Bhd .0.32 unch 54 Acp Industries 1.29 -0.04 368 Advance Synergy .0-26 0.01 ***** Adventa Bhd 0.92 0.01 352 Ac Multi Hldgs 037 unch 121 Affin Holdings 1.84 -0.01 1269 Ahmad ZakiResou .2.55 0.02 163 AicCorp2,530 words
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BRIEFLY ASIA
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100 2007-01-11 12 Reuters [SHANGHAI] China's Minsheng Banking Corp, the fourth-largest Shanghai-listed bank in which Singapore's Temasek Holdings has a stake, is in talks to acquire a small unit of Industrial Commercial Bank of China (ICBC), sources said yesterday. Minsheng has been in talks forReuters - 100 words
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57 2007-01-11 12 Bloomberg [MUMBAI] India will set rules on permitting overseas companies to invest in the nation's commodity bourses in four» to six weeks, a government official said. The Forward Markets Commission, which regulates India's commodity futures market, has recommended that overseas and domestic funds beBloomberg - 57 words
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49 2007-01-11 12 Reuters [KUALA LUMPUR] Malaysian property and plantation group Tradewinds Corp yesterday said it was not aware of any plan by businessman Syed Mokhtar Al-Bukhary to take the firm private. The firm was responding to a stock exchange query after a media report. —ReutersReuters - 49 words
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36 2007-01-11 12 Reuters [KUALA LUMPUR] Malaysia's Multi-Purpose Holdings may sell its 16.1 per cent stake in power firm Sarawak Enterprise Corp if the price is right, Multi-Purpose told the stock exchange. —ReuterReuters - 36 words
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Article, Illustration381 2007-01-11 12 GENEVIEVE CUA - By GENEVIEVE CUA [SINGAPORE] Deutsche Bank has singled out Malaysia as one of the most attractive equity markets in Asia, thanks to attractive fundamentals, a pro-busi-ness stance and the potential of a strong liquiditydriven rally. Says Deutsche Bank Malaysia's head of equities research. SuSource:Deutche Bank,Bloomberg - 381 words
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437 2007-01-11 12 IPETALING JAYA] There could be a bidding war among corporate groups interested in acquiring a stake in the RHB banking group, according to a report in Starßiz. A bid could be in the works from Primus Pacific Partners, which represents437 words
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198 2007-01-11 12 Reuters [JAKARTA] Indonesian consumers were pessimistic again in December on concerns about the unemployment outlook after a brief burst of optimism for the first time in more than a year in November, a central bank survey showed. The consumer confidence index fell 2.5Reuters - 198 words
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279 2007-01-11 12 [NEW DELHI] Malaysia wants India to loosen its requirements for foreign companies to bid for contracts in the sub-conti-nent, Malaysia's business Times reported. Currently, foreign companies are required to provide bank guarantees from banks in India before they could bid279 words
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GREATER CHINA/INDIA
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470 2007-01-11 13 Each investor takes a 5% stake; deal worth a total of US$460 million Reuters [NEW DELHI] NYSE Group Inc and three other foreign investors have bought a 20 per cent stake in India's biggest stock exchange in the latest move inReuters - 470 words
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Article, Illustration520 2007-01-11 13 Reuters [NEW DELHI] Vodafone Group pic's chief said yesterday it planned to bid for Hutchison Essar, India's fourth-largest mobile carrier, within "some weeks". Chief executive Arun Sarin said after meeting Trade Minister Kamal Nath that a formal bid to boost Vodafone's businessReuters; BLOOMBERG - 520 words
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Article, Illustration533 2007-01-11 13 Reuters, Bloomberg [SHANGHAI] Baosteel Group. China's biggest steel maker, is making preparations to list core steel assets in New York, sources familiar with the situation told Reuters yesterday. Top management has decided to pursue a listing there and Baosteel has launched a globalReuters, Bloomberg; BLOOMBERG - 533 words
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273 2007-01-11 13 AFP {TOKYO] Japan will recognise India as a nuclear power even though the South Asian nation is not a signatory to the Nuclear Non-Proliferation Treaty, a report said yesterday. Japan would treat India as an exception to the steadfast non-prolifera-tion principle as TokyoAFP - 273 words
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324 2007-01-11 13 Reuters [SHANGHAI] China's Bank of Communications won approval from its shareholders on Tuesday for a Shanghai stock offer, which could raise around US$5 billion for boosting the capital of the country's fifthlargest lender. The bank, which is already listed in Hong Kong andReuters - 324 words
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435 2007-01-11 13 Reuters IMUMBAI] Indian alcoholic drinks makers had plenty to cheer over the holidays as revellers downed more drinks, while foreign firms angled for a spot at the table. In a country that still frowns on drinking, about 220 million cases of beer andReuters - 435 words
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461 2007-01-11 14 Report says CNOOC signs US$16b pact to build Northern Pars gas field AP [BEIJING] The United States has urged China to reconsider a reported multibillion dollar natural gas deal with Iran amid international efforts to sanction Teheran for its nuclear programmes, aAP - 461 words
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347 2007-01-11 14 Bloomberg [DUBAI] Evolvence Capital, a Dubai-based investment company with about US$800 million under management, plans to sell shares in London this month to raise money for its Indian private equity fund-of-funds. The company aims to raise US$100 million selling shares in itsBloomberg - 347 words
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Page 13 Advertisements
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Advertisement179 2007-01-11 13 In The Matter Of The Companies Act, Cap. 50 And In The Matter Of OMNI PERIPHERALS PTE LTD Reg. No. *****0028W NOTICE OF CREDITORS' MEETING PURSUANT TO SECTION 296 OF THE COMPANIES ACT, CAP. 50 NOTICE IS HEREBY GIVEN that pursuant to Section 296 of the Companies Act, Cap. 50,179 words
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Page 14 Advertisements
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Advertisement1984 2007-01-11 14 Cats Notices f ASIATRAVEL.COM HOLDINGS LTD (Company Registration No.: *****7534E) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Asiatravel.com Holdings Ltd ("the Company") will be held on Friday, 26 January 2007, at 10.00 a.m. (or immediately after1,984 words
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Advertisement128 2007-01-11 14 LOST SHARE CERTIFICATES The following share certificates have been reported lost, destroyed or mislaid:N«me of Company Certificate No. to tfac Niat Of No. Of Shirtl ComfortDelGro *****25 Goh Wan Hiang 200 Corporation Limited -do- *****91 LeowYoonHuat 2,673 -do- *****37 Lim Hong Kwee 12.698 Hong Fok Corporation *****76 Teoh Soon Seng128 words
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Advertisement1342 2007-01-11 14 r Asiatravel.com ASIATRAVEL.COM HOLDINGS LTD (Company Registration No.: *****7534E) (Incorporated in the Republic of Singapore) ADDENDUM TO NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that this Addendum shall form part of the Notice of Annual General Meeting of Asiatravel.com Holdings Ltd ("the Company"), dated 10 January 2007, as1,342 words
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ASIA-PACIFIC/WORLD
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441 2007-01-11 15 LATEST US DATA But trade deficit with China last year looks on track for new record Reuters, Bloomberg [WASHINGTON] The US trade deficit narrowed unexpectedly in November to the smallest gap since July 2005, as a weak dollar and strong economic growth abroadReuters, Bloomberg - 441 words
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Article, Illustration464 2007-01-11 15 Combined firm will be Japan's third biggest by revenue Reuters, Bloomberg [TOKYO] Japan's Mizuho Financial Group will combine two of its group brokerages next year, creating the country's third-biggest securities house by revenue. Mizuho Securities Co and Shinko Securities Co will merge in January 2008.Reuters,; Bloomberg; REUTERS - 464 words
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581 2007-01-11 15 Reuters [SEOUL/HELSINKI] Shares in mobile phone makers including Nokia, Samsung Electronics and LG Electronics slipped yesterday on worries about their ability to compete with Apple Computer's iPhone unveiled on Tuesday. But handset component makers such as Taiwan's Catcher Technology, as well as someReuters - 581 words
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276 2007-01-11 15 Bloomberg [AMSTERDAM] Rabobank Groep, the third largest Dutch Bank, will pay about 285 million euros (***** million) for control of Switzerland's Bank Sarasin to grow in wealth management. Rabobank will acquire an 18 per cent stake from Eichbaum Holding Ltd, bringing its equityBloomberg - 276 words
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Article, Illustration387 2007-01-11 15 Reuters [CHICAGO] Former Newspaper magnate Conrad Black engaged in insider trading and posted an anonymous message on an Internet chatroom aimed at boosting his company's stock price, US prosecutors alleged in a court filing. The filing relates to Black's upcoming racketeering trial andReuters - 387 words
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WORLD WATCH
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66 2007-01-11 15 Bloomberg [NEW YORK] NYSE Group, operator of the world's largest equity market, tapped a group of lenders including JPMorgan Chase Co and Citigroup Inc to help fund part of its US$l4.7 billion purchase of Paris-based Euronext. NYSE Group will borrow 2.5 billion euros (SssBloomberg - 66 words
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66 2007-01-11 15 AP [TOKYO] Matsushita Electric Industrial Co will spend 280 billion yen (S$3.6 billion) to build the world's largest plasma TV display panel plant. In a mid-term business plan announced yesterday, the company said it aims for sales to hit 10 trillion yen byAP - 66 words
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87 2007-01-11 15 AFP ISEOUL] State prosecutors yesterday summoned the former chief of South Korea's financial watchdog for questioning in a corruption probe. Lee Keun-Young, former governor of the Financial Supervisory Service, is believed to have introduced a local businessman who later allegedly bribed a deputy FSS chief. BothAFP - 87 words
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70 2007-01-11 15 Reuters [MOSCOW] President Vladimir Putin has signed a law making it easier for foreigners to gain exposure to Russia's banking sector ahead of a major share offering by two giant state-owned banks, the Kremlin said. The new rules put foreign and domestic investorsReuters - 70 words
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353 2007-01-11 15 Reuters [HANOI] Vietnam will allow more share listings, improve the legal framework and restructure its small but fast-growing stock market this year, the state-run Tin Tuc newspaper reported yesterday. The measures would boost the stock market's capitalisation to USS2O billion by the endReuters - 353 words
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Page 15 Advertisements
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Advertisement80 2007-01-11 15 0» ftrkiah Virgin islands r-€aymaw tetands LPalnmav z Mauritius Hongkong ■UN .m i iin"" feamoa- Full nominee, management, secretarial, banking and corporate administration services are available. We also specialize in offshore trusts for assets protection estate 1 planning. For further information and immediate service please contact: OFFSHORE CORPORATE SERVICES 180 words
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Advertisement23 2007-01-11 16/17 f*-,,,».-j^^».»jL M «.-»«i'* > I SH|^EHBfiBBBB| ibMMk'l B^H nßifl HH uflHi IBEMgggL2g& Ir f/// Cli 1 HHIftHBB SHB^B^B^B^B^B^BV* JMF jar W'IH^HS^^^R^HESS^BI J *£n n|m||23 words
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AVIATION
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Article, Illustration418 2007-01-11 18 US Airways adds Morgan Stanley as financial backer to boost financing muscle Reuters [NEW YORK] US Airways Group raised its takeover offer for larger, bankrupt rival Delta Air Lines by 20 per cent to US$lO.2 billion yesterday, sweetening a dealReuters; REUTERS - 418 words
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202 2007-01-11 18 Bloomberg, Reuters [JAKARTA! An analysis of radar data shows the Indonesian Adam Air plane with 102 people on board went missing in an area at sea where metal objects have been detected, raising the chance of finding the plane after it disappearedBloomberg,; Reuters - 202 words
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260 2007-01-11 18 Reuters [TOKYO] Japan Airlines Corp said yesterday that it was considering reducing its group work force by some 6 per cent, or around 3,000 employees, over the next three business years to help turn around its struggling operations. JAL,Reuters - 260 words
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274 2007-01-11 18 Bloomberg [SHANGHAI] Cathay Pacific Airways Ltd, Hong Kong's largest airline, boosted passenger numbers 8.4 per cent last year to a record, as economic growth spurred travel demand and it added services to China. The airline carried 16.73 million passengers in 2006, while its passenger traffic,Bloomberg - 274 words
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Advertisement132 2007-01-11 18 t Andrew Cowen Capt P P Singh Sama WFj Air India Express Arjun Ruzaik Tony Davis CEO President CEO airSOUTHasia Tigar Airways A Jeff Chatfield HHH Joyce Chairman flpjpil CEO Skywest Jetstar Diono Nurjadin OMMBj Andrew Pyne President Director CEO Mandaia Airlines Viva Macau Lance Gokongwei Hideyuki Kanenari President CEO132 words
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Advertisement218 2007-01-11 18 4th Annual Asia Pacific j Low Cost Airline f Congress 2007 23 25 January 2007, Suntec, Singapore Get your boarding pass now! Asia's ONLY dedicated event for the airlines and airports industry is TAKING OFF on 23rd January 2007. This event brings together more than 20 airline CEOs and 20218 words
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Page 18 Miscellaneous
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Miscellaneous205 2007-01-11 18 CRYPTIC CROSSWORD whined ab<^ publicity (4,8) mother-in-law (5) YESTERDAY'S SOLUTION DOWN 7 Dirty window pane often Across: 7 Fortunate, 8 Eerie, 10 1 A hundred rushed around found in church (7,5) Off-break, 11 Allies, 12 Beau, 13 but were eventually re- 10 captain is in form (12) Rolled up, 15205 words
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SHIPPING
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Article, Illustration596 2007-01-11 19 DONALD URQUHART - Shipping tonnage, container throughput and bunker sales did well says MPA By DONALD URQUHART [SINGAPORE] Singapore's international maritime centre ambitions took another big step closer to reality following another year of solid growth across all sectors, according to statistics released yesterdayFILE PHOTO - 596 words
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285 2007-01-11 19 Bloomberg (SINGAPORE] Hapag-Lloyd AG, China Ocean Shipping (Group) Co and nine other shipping lines plan to increase rates for moving scrap metal to Asia from the US because of strong demand from China and other countries. The 11-member shipping companies, forming theBloomberg - 285 words
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Article266 2007-01-11 19 SGX '000 JanIO SS Vol ChOfhhore 044 -0X11 1247 Chuan Hup HWgi 033 -001 1019 CocoCotp 2M -0.07 6416 Cwt Lvnitad 0*2 -001 40 UraMdgt 4.30 -010 1119 FretghMjnks 049 ireh 3665 Grand Banks 047 -0.01 42 iayaHotdUd 146 unch 642 K'ventures 0J4 int\ 2167 Keppei Corp 17.00266 words
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965 2007-01-11 19 DAVID HUGHES - STRAIT TALK By DAVID HUGHES THE start of the year is the time for the pundits to reach for their crystal balls and give us their predictions for the coming 12 months. Accountant Chris Chasty has made his predictions with a965 words
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Article2201 2007-01-11 19 an MW TO BMW Bf aag mw=smm SO268 1740 BA7382 221S AF8087 1830 QW2 2215 BA7381 1830 LH9770 2350 —Q"" ,a %g> L***** 0645 KL8M 2315 SO323 0645 L***** 2345 K1837 1805 SQ?24 gg Aadrtand EK433 0130 SO281 0835 UL2433 0130 NZ4385 2100 S0282 0830 SQ2852,201 words
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EDITORIAL & OPINION
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497 2007-01-11 20 Untapped potential women entrepreneurs EDITORIAL ON Tuesday, the inaugural nation-wide survey of start-up enterprises in Singapore was released. Among other things, the survey conducted by DP Information Group and strategic partner Action Community for Entrepreneurship (ACE) found that most start-ups in Singapore fare relatively well. Some 63 per cent of497 words
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Article, Illustration841 2007-01-11 20 WOLFGANG HUMMEL - As a regional financial centre, Singapore can fulfil the needs of German financial institutions By WOLFGANG HUMMEL GERMAN banks are currently finding themselves in a period of enormous restructuring. Competition is forcing them to lower costs, upgrade services and explore new markets. This is creatingAFP - 841 words
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Article, Illustration755 2007-01-11 20 ROBERT SAMUELSON - THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group BORN in late 1945, I say this to the 76 million or so subsequent American baby boomers and particularly to Bill Clinton and George W Bush, our generation's leading politicians: ShameThe Washington Post Writers Group - 755 words
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Article, Illustration876 2007-01-11 21 ANTHONY ROWLEY - They'll likely do a much better job of global governance in financial matters, considering the dearth of talent in the US and Europe ANTHONY ROWLEY Tokyo Correspondent BY THE end of last year, a remarkable constellation of events one that soothsayers mightREUTERS - 876 words
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Article, Illustration1202 2007-01-11 21 DAVID LEONHARDT - By DAVID LEONHARDT NYT ON A summer day a few years ago, a recent college graduate named Emily Oster was talking to her boyfriend about the research that was and was not being done on the spread of Aids. She was an aspiringNYT; AP - 1,202 words
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Article10501 2007-01-11 22 SGX MAINBOARD Transaction date: Jan 10 52-Wk Td Lat Voi Day L*st Quota 0)v GrYM Hat MCac low Code Company Sale COOP) HW» u* »«y« Sdhr CV ME 5«JI 15 1 5716 lit Software 2 susp M 115 6 3148 STelecom 9.5 unch 526 9.5 9.5 9 9.510,501 words
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Page 22 Advertisements
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Advertisement35 2007-01-11 22 TVade from 20% deposit (5 x leverage) on most stocks Go long or short Competitive financing rates in aN markets Access to Asian, US, Euro stocks Select Exchange TVaded Funds and Indices Competitive Commission charges35 words
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Article5964 2007-01-11 23 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES kMan M HIM* %«r WXw Ooni« Owy Q>«wji Ch«n#« Q»t» CT«r^« '0K4 00 1)1 -01 U -01 lit lunnvkww) ttaij 04 uo aj iu aj n* bmqm+mtmm*, I4B] 0< HI 02 190 02 217 M 9M0 10 U 04 l* 04 10J '•(at5,964 words
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Page 24 Advertisements
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Advertisement1465 2007-01-11 24 UK CONTINENT SERVICE U.S.A SERVICE Destination Destination DD SUCCESS RDM/ATW/BMN/TLB/NAN CAM/NFK/NOL/SAV Loads Singapore, E./W. Maloysio, Indonesia [oq6s E Malaysia, Indonesia MIDDLE-EAST SERVICE RE./S.E.A. SERVICE Destination VANGUARD DBI/ABU/DOH/BRN/DMM/KWT Destination BLUE SKY DBI/ABU/DOH/BRN/DMM/KWT v STX PO TBN INC/BSN PAN VOYAGER JDH/DMT/BJA Loads Singapore, E./W. Malaysia, Indonesia Loads E. Malaysia, Indonesia OTHER SERVICES1,465 words
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Advertisement446 2007-01-11 24 vOOv WALLENIUS WILHELMSEN LOGISTICS website: http://www.2wglobal.com VBSE VOY lAf HBQHT IK MAO SAV Ml TALISMAN AE7O3 3701 M* 6.4 M 17/01 11/01 20/02 24/02 21/02 24/02 TAIONGA Af 70S 320hes 4.25 M 07/02 OS/03 14/03 11/03 23/03 21/03 TAMESIS Af 704 tWhm fc4M 17/02 12/03 21/03 2S/03 21/03 27/03 Now446 words
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Page 25 Advertisements
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Advertisement1529 2007-01-11 25 WAN HAI INTERNATIONAL PTE LTD CR NO-. **********0/R A■ |t|p#i TH: *****5 M (14LINES) .FAX:*****163 \AM WAN HAI I lNr\ CmoßtrS«rvin/BooktagsDbvctUm• (1800)*****200 V TIV llfll Mllkll fid TR: 103) 3346 MM FA* (0313J4232M1W1H: (04) *****00 FU:|04)22»61»» V JOHIH: (07) 2SISV23 FAX |07)*****21 SW TH; |t9l) *****75 HUfc (031)*****14/ *****05 WWW1,529 words
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Advertisement1184 2007-01-11 25 {|H||SS£|H I VfSSIL VOY PKL I SIN I KARACHI PXi SAB DMM SIK ICHOR IRAN SATTARI PCL 8183 16/01 17/01 2«/01 29/01 30/01 03/02 07/02 09/02 IRAN SHAHRYAR PCL 1184 23/01 22/01 01/02 04/02 05/02 11/02 13/02 15/02 IRAN BAASAEI PCL 8186 23/01 24/01 02/02 03/02 06/02 12/02 14/02 16/021,184 words
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Advertisement693 2007-01-11 25 m WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS wssa wt an nam, coiomo w smev* colomio mitmoHi MM mil M OH "J** HJAW M«4 222! IZJAS HJ4S 2L4«! HOTAPHTAW I THtOSI 23JAW 24JAW 27MW 30JAW 03FB •ISO ACOPTMG K1 TO COOMt TUTKOMN t GO*693 words
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THE BUISNESS TIMES SHIPPING TIMES
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5742 2007-01-11 26 < ETA ETA Vm»l Voyage Telephone SM Dcstn Name Mmm NuMtMT Nuvnber To ABU DHABI (AliH) 2004 U. A. Emirates 18X11 01X12 SO SQDCYA 701W 629)9355 ***** 05/02 SQ HAMMONIA PALAT1UM 702W *****355 29/01 12/02 SO EMIRATES KABIR 703W *****355 lb ADELAIDE (ADL) 20075,742 words
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BizIT
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Article, Illustration418 2007-01-11 27 WINSTON CHAI - By WINSTON CHAI MOTOROLA has done it. Sony Ericsson, Samsung and LG are doing it. And now Nokia has joined the fold of companies hoping to tug at the purse strings of ladies who want to make a bold red fashion statement.418 words
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Article, Illustration602 2007-01-11 27 Reuters [NEW YORK] Apple Computer Inc's new superslim iPhone with a buttonless touch-screen will pose a challenge to high-end cellphones, but its initial pricing will give rivals some breathing room, analysts said. Apple said on Tuesday it will begin shippingReuters; AP - 602 words
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233 2007-01-11 27 [LAS VEGAS] Michael Dell took the wraps off several new Dell Inc products on Tuesday in Las Vegas, including the company's first liquid-cooled personal computer. Delivering one of the Consumer Electronics Show's keynote addresses. Mr Dell also challenged electronics companies to improve their environmentalCox News Service - 233 words
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Article, Illustration684 2007-01-11 27 ROLAND LIM - Latest efforts aim to develop S'pore into major player globally, reports ROLAND LIM ROLAND LIM THE government yesterday unveiled a four-pronged strategy to boost the local interactive and digital media (IDM) industry and also identified three new areas within the industry that it684 words
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Article, Illustration774 2007-01-11 28 WINSTON CHAI - Proper contingency planning helps to cushion impact of Internet disruption on businesses, reports WINSTON CHAI WINSTON CHAI FOR Singapore businesses that rely on the Internet to provide online services and critical data back-up, the recent disruption caused by the Taiwan earthquakes is a stark reminder774 words
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570 2007-01-11 28 Reuters [LAS VEGAS] A wave of new technologies that link home computers to televisions could threaten traditional media distribution methods as consumer interest in online video entertainment continues to grow. At the Consumer Electronics Show in Las Vegas this week, electronics manufacturers from SonyReuters - 570 words
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Page 27 Advertisements
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Advertisement214 2007-01-11 27 IBr M'escd C»H» fl .4£f9K Recovcd Calls 9| Ols€o Pl»eed C»H* your nerwoni v 1 i *cl^m<2iii^ lcc toyDur [HflHl, c±> cfe fl H<Bmll M H M i ml JY .11 If It nllß Hpm Mwl mf 1I W 1 *t and soffwcff© For prizs structure In dotoil, ploose log214 words
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Page 28 Advertisements
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Advertisement496 2007-01-11 28 111 111 CISCO For employees in the 21st century, "business as usual" in today's context typically means a never-ending onslaught of 24x7 communications voice calls, emails, faxes, voice messages and rich media content received through a burgeoning number of communications devices. However, without a unified means of directing, organising, and496 words
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PROPERTY
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Article, Illustration320 2007-01-11 29 It aims to generate one-third of revenues from overseas in 5 years Reuters (SINGAPORE) Singapore's Soilbuild Group experts commercial and industrial property development to account for about 40 per cent or profit and revenue by 2012. from 20-30 per centReuters; FILE PHOTO - 320 words
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269 2007-01-11 29 Reuters (LONDON! Commercial property development in Britain slowed sharply in December but remained robust especially in the private sector and was expected to pick up again in early 2007, survey data showed yesterday. Property agency Savills pic said Us Total CommercialReuters - 269 words
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Article, Illustration611 2007-01-11 30 PAULINE NG - Housing glut makes it difficult for them to pass on higher costs to buyers By PAULINE NG in Kuala Lumpur MALAYSIAN property developers already hard-hit by a sluggish market now have to contend with escalating material costs which are likely to push construction costsBLOOMBERG - 611 words
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425 2007-01-11 31 UMA SHANKARI - 27 new Reits were floated in Asia in first 11 months of 2006, says CBRE By UMA SHANKARI ASIA saw 27 new real estate investment trusts (Reits) being floated in the first 11 months of 2006. The new Reits boosted the total425 words
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1731 2007-01-11 31 PROJECT NAME/ PROP CONTRACT TENURE BUIIJ-IN AREA PRICE PSF STREET NAME TYPE DATE (SQ FT) (St'OOO) (St) District 1 NON-LANDED People's Parte CpJ* Apt 18/12/2006 99 1119 380 339 The Clift Apt 28/11/2006 99 775 741 956 The CSft1,731 words
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Page 29 Advertisements
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Advertisement256 2007-01-11 29 Resort Living PRIME SHOPHOUSE BOAT QUAY AUCTION 31/1/07 6-storey refurbished shophouse with roof terrace 2 lifts Land 1,441 sq ft floor Approx 7,900 sq ft 999 years. Within conservation area The only Boat Quay shophouse with approval for Strata Subdivision Subject to partial tenancy Large Outdoor Refreshment Area Walk to256 words
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Advertisement490 2007-01-11 29 nrovewithus j international 'Big on research, big on returns' EXCLUSIVE LAND DEVELOPMENT DEAL: ARGENTINA To help launch movewithus international into the Asia Pacific region, we have SO building plots within a S star country club estate on offer to investors. These plots will be marketed to the Argentine market for490 words
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Page 30 Advertisements
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Advertisement145 2007-01-11 30 y *M ;.^^^^^H|Bh^Bß t, BT J^gragPMH^^^HHHm ~*WF I I 'j4p S I w I I ■■H Ifrß t 1 I J I I My piece cHHh|^H|E^^^^^H i I i pi m %T *^l SHBfiSSf H^^^BjflSj f |^hH^HHB|MI^H' JO H bBSHHHHHH y Ml— k 3f 1 1t- i >*^C^i^^^BßnBBS^ hM *'*i!s!^C*"w'145 words
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Advertisement202 2007-01-11 30 'jMKBWKiHhIBHII HUhbiiiwt t&mmm Good corporate image 1,200 8,000 sf Prime ground upper Near MRTstations floors available Attractive rentals 9792 8416 9693 4126 For Lease lUHHBHHUiiHHHIiiiHBiHHL UE Print Media Hub, at Paya Lebar Road BRAND NEW, TOP 1* Quarter 2007 5-storey building with basement carpark Units from 1,300 sqft 17,000 sqft202 words
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Page 31 Advertisements
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Advertisement176 2007-01-11 31 FLAMINGO VALLEY pan-island expressway (pie) Large freehold site in district 15 EH f Land: 335,161 sq ft changi rd > do Plot ratio 1.4, up to 5-storeys S'fideuost Close to amenities, good schools and major transport facilities Stgtap —i SITE Centra CD c/i UPPER EAST COAST RD FOR SALE BYTENDER176 words
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Page 32 Advertisements
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Advertisement246 2007-01-11 32 ra M I ■***** MMBMia——— BB I I B B H k HBIR It. I I Si -BH|ml Bj| H V Hs araMi it iii gg jfe.- SBBEliii^ BBk 1 BB^^^^ WHm s IH HP H KmAtATMmv I Ml V.■, ;^^B&&'^*'*r V: *JHHB B fl B t Eg»| J I246 words
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