The Business Times, 22 January 2007

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Total Pages: 30
1 30 The Business Times
  • 18 1 THE BUSINESS TIMES jwifine at http://busmess-times.asial.com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION MICA (P) 202/12/2006 Monday, January 22,2007 SlNGAPoR£4s;<S>nfls'
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  • 597 1  -  But many agree that timing of the increase is critical By ANNA TEO [SINGAPORE] One calls it an "absolute necessity". Another declares that there is "no compelling reason for such a hefty increase at this time". But those are about the strongest responses
    597 words
  • 820 1  -  Additional information will be more comprehensive and holistic: Mah Bow Tan By ARTHUR SIM [SINGAPORE] The Urban Redevelopment Authority (URA) will release more information on the property market, including the creation of three price indices based on newly defined geographical regions. It will
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  • Page 1 Advertisements
    • 30 1 agfr M'SIAN PROPERTY Foreign investors drive CORPORATE TAX Tax cut in keeping with global trend: study PAGE 2 /T 4-JIMWMbk f\ J A* Ill' jj^t. 4 A VIEWS FROM THE#
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    • 19 1 INTEGRATED RESORTS eSun to make Macau casino a 'star attraction' PAGE 4 8 *****1 *****4 Markets Digest Page 4
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    • 92 1 DINING OUT Ak. > A showcase for classic French PAGE 13 BizlT S'pore telecom services stay firm PAGE 30 v aBHB^H Wg^M bb^l |jP^ <, ■■H W '*Bb w fl i /4flr ,Ik IJrI L M I4J r 1 M jMWiy sii J B --B ?Pp Mm fl 11 Q*
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  • TOP STORIES
    • 384 2 Macao Studio City plays the Chinese card MACAO Studio City counting partners like Singapore's CapitaLand and Hong Kong's eSun Holdings is playing the Chinese card, by offering top Asian superstar draws like Jacky Chan and Leon Lai to pump up the glamour factor in its integrated resort. "The
      384 words
    • 603 2  -  But even with 2-pt cut, S'pore rate will remain above HK, Ireland, E Europe By VIKRAM KHANNA Source: KPMG [SINGAPORE] Maybe it will be a one percentage point cut, maybe two. But even if Singapore's corporate tax rate is cut
      Source: KPMG  -  603 words
    • 168 4 BT ONLINE BT print subscribers get free access to the Business Times Online. To activate your account log on to http: //business-times, asial .com.sg. For more information, e-mail btocs@sph.com.sg or call 6388-3838. MARKETS Week Oige STI 3072.88 +63.79 KLCOMP ..1147.76 +28.43 NIKKEI 225. *****.44 ....+253.43 HANG SENG *****.72
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    • 947 4  -  Capita Land's partner in Macao Studio City banks on HK actors By ARTHUR SIM in Hong Kong/Macau MACAU has little to prove now that it has overtaken Las Vegas in terms of gaming revenue. All that is missing are the superstar acts
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  • Page 2 Advertisements
    • 309 2 people Your search ends here. www.thepeopleatwork.com Asia-Pacitic Executive Search fc?SMU SINGAPORE MANAGEMENT UNIVERSITY Add value to your career with Master's Programmes from SMU. All programmes are taught and advised by a team of distinguished SMU faculty. Full and partial scholarships are available to outstanding candidates for full-time programmes by research.
      309 words
    • 181 2 ~fylkz 'jn WirttA 35,000 nautical miles. 12 cities. 10 months. The Clipper Round the World Yacht Race presents a brave new world to those with the dare and tenacity to take up the challenge of cross-ocean sailing. Last year, some 30 Singaporeans nose to the occasion and did us proud.
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  • Page 3 Advertisements
    • 1204 3 H*' •v'• v 1 "V-'."'- ■>' r U V /V 'f &J-J. t > v 45 I f w~ .4a-4j <ivr -i J J y~-' ■4 v;*V- If;' -?1 fv 1 7 •■'"■'-> Ijpc -r*.!>4. 7 -''.i'-y: 'Jg .fci W>. *<:, $»i «&<***£ f v#*i .<•* w li.ViJWi*. 'jM* v.
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  • Page 4 Advertisements
    • 2379 4 NIPPECRAFT LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number: *****2861N) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Nippecraft Limited (the "Company") will be held at 4th floor, Conference Room, 9 Fan Yoong Road. Singapore *****7, on 15 February 2007, at
      2,379 words
    • 661 4 In the matter of The Companies Act, Cap. 50 And In the Matter of BESTONE CONSTRUCTION ENGINEERING PTE LTD (COMPANY NO *****3627G) STATUTORY DECLARATION BY DIRECTORS Of COMPANY'S INABILITY TO CONTINUE BUSINESS BY REASON OF ITS LIABILITIES I. PEH SIEW BENG of 31 Elite Terrace South Union PorV Singapore *****6,
      661 words
    • 30 4 li. 3 ■I s Ik BIRD'S EYE VIEW OF TENDERJOBS Check out the most comprehensive collection of tender notices in CATS Notices in The Straits Times. I NOTICES 5 o
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  • Page 5 Advertisements
    • 622 5 Border delays TSA compliance Fuel costs Local customs officials Detour on the AlO Exchange rates Incomplete documentation Cross-docking No Fly Zones Port congestion New cargo security regulations Offshore manufacturing Holiday rush orders Oversized goods Untraceable shipments Network crashes Labor disputes Multi-SKU inventory issues Confidentiality and security Port tariffs Moved-up deadlines
      622 words

  • VIEWS FROM THE TOP
    • 3099 6 THIS WEEK'S TOPIC Wiĺ the proposed changes in GST and CPF be eƒective in helping busineś and society>? Whar can be done to ease the burden on consumers and employers? Chua Thian Poh Chairman CEO, Ho Bee Investment Ltd Tl II! proposed (iS I
      3,099 words

  • Page 7 Advertisements
    • 311 7 PI AVIVA m v mLJJ f 519P i i --<• Grow your CPF nest egg with guaranteed bigger returns, or 100% money back. 'V -v'• t t y"Y A <©> O TJ Nnr GUARANTEED GUARANTEED GUARANTEED BIGGER RETURNS 100% SECURE NO LOCK-IN PERIOD More than the prevailing 100% money back
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  • COMPANY NEWS
    • 759 8  -  HOCK LOCK SIEW By R SIVANITHY would at 38 cents a share, it sells for about nine times 2006 earnings, and according to its annual report for the year ended June 30, 2006 it has no debt, generated a healthy HK$l42 million (5527.9 million) from
      759 words
    • 420 8  -  It aims to raise awareness of issues facing trading reps By WONG WEI KONG AT A time when Singapore shares are scaling record heights, the Commercial Affairs Department (CAD) the white-collar crime unit of the police is keen to remind broking houses and traders to
      FILE PHOTO  -  420 words
    • 344 8 Reuters SINGAPORE'S syndicated loan market is likely to see another record year in 2007 after volumes more than doubled in 2006 thanks to a strong property market and financing for two new casinos, a senior DBS Group banker said. "Property was a very
      Reuters  -  344 words
  • Page 8 Advertisements
    • 20 8 Jill Jz m m is |f|| UNITED OVERSEAS BANK United Behind You j United Overseas Bank Limited Company Reg. N0.*****0026Z
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    • 194 8 v -i&fofeJl 1 ysgaif 1 I|J I The City Executive Master of Science in Finance tfflHfeb University Accelerated programme tatored for non-finance, engineering, fT and business professionals Short duration of 12 months (Part-time) Ikl k v/ Class taught by renowned CUNY Professors from New York and industry I\ M New
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  • Page 9 Advertisements
    • 181 9 Congratulations on the naming of I MIV "DEA HERCULES" m At Raffles Marina, 10 Tuas West Drive on Monday, 22 nd January 2007,1730 hrs Owner: Nomis Offshore Ltd W Builder Jay a Shipbuilding and Engineering Pte Ltd (a wholly-owned subsidiary of Jaya Holdings Ltd) M/V "DEA HERCULES" is a state-of-the-art
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  • SINGAPORE MARKETS
    • 369 10 f iflU Ix lutt fay Pafmtnt El kota (ml data dm data tmi data doaa tow AllTMO VV) JtVOx 2W)«t 01 M> PNEInd F 025 26Jar 31 UM AxenditRBT 13ns 3K3 2*Ja» 29-Hn Popular Hldgs 0» Ml» »«an 22Jar Ana P* 3tc.% F m 3Mm Pint, llht Q.anHu
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    • 631 10  - Asia investors, take note Wall Street will call the shots STOCKS R SIVANITHY Senior Correspondent J A COUPLE of weeks ago, this column asked the question of how much longer this region can continue to decouple from Wall Street, the world's greatest source of bubbles, whether it's in housing or
      631 words
    • 517 10 CURRENCIES AFP [HONG KONG] Major Asian currencies last week posted a mixed performance against the dollar, in a week that saw the Bank of Japan decide against raising interest rates. Japanese yen: The yen slumped to 13-month lows against the dollar in
      AFP  -  517 words
    • 1815 10 Consensus No.of Forecast Mean Fri's recommendation esti- EPS PE target price Company name This wk Last mth mates (cents) (ratio) price Allco Commercial REIT 1.33 1.33 3 5.20 21.92 1.21 1.15 Allgreen Properties 2.11 2.33 9 5.53 28.57 1.33 1.61 Ascendas REIT 2.11 2.33 13 11.98 22.62 2.52
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    • 441 10 COMMODITIES AFP [LONDON] Crude oil futures extended their plunge last week, trading below USSSO a barrel in New York for the first time since May 2005 as supply concerns eased further. They rallied later on, however. The Commodities Research Bureau's
      AFP  -  441 words
    • 1497 12  -  TEH HOOI LING Senior Correspondent It was another phenomenal week on the Singapore Exchange with many stocks scaling new heights on heavy volume. For the week ended Jan 19, the average daily volume was a whopping 3.03 billion shares valued at $1.94 billion. That's higher
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    • 1266 12  -  INSIDE MARKETS By ROBERT HALILI j#** ELLING was strong for the third straight week as corporate shareholders took adB vantage of strong gains in their companies' share prices. The sales activity last week was particularly intense as sellers outnumbered buyers in three of
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  • COMPANIES
    • 275 11 A 15-DAY trading run that saw nearly 350 billion shares worth nearly $45 billion changing hands wrapped up on Saturday with the conclusion of the I-Cube-OCBC Securities Online Stock Challenge 2006. Of the more than 2,500 student participants who took part
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    • 523 11  -  Analysts looking for more capital management initiatives By SIOW LI SEN MOBILEONE, the smallest telco and first to post fourth quarter 2006 and full year 2006 results today, is expected to report flat earnings as it gets squeezed by Singapore Telecommunications and Star Hub.
      BLOOMBERG  -  523 words
  • Page 11 Advertisements
    • 23 11 Inviting tenders? Call 1800 289 8822 or email notices@sph.com.sg to book your tender notice in our newspapers now. KATS NOTICES S iS 5
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    • 6 11 World's Finest W Virtual Office 1
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    • 2081 11 AFFINITY PRECISION'S MANDATORY OFFER FOR FIRST ENGINEERING LIMITED TURNS UNCONDITIONAL The Offeror controls 50.3% of First Engineering's issued shares and 50.1% of its fully diluted shares as of 18 January 2007 All shareholders who validly accept the Offer will receive cash payment for their shares Affinity Precision, wholly-owned by the
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  • DINING OUT
    • 1135 13 GUEST CHEF Sylvain Portay at Harbour Grill Hilton Hotel, January 22-27 Chef Portay will also conduct a cooking class on January 23 ($80). For reservations, call 6730-3393 THERE'S something to be said for flashy, inventive and inspirational young chefs with a provocative culinary style and a determination
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  • Page 14 Advertisements
    • 57 14 11 a II fl i Cm 1T I v I I H mL HM I I The Business Times ■m^. fNH» r ks i SOI lll^^^^Hfipi:- Sk rllv^ JH| f 1 BIRD'S EYE VIEW OF TENDER JOBS Check out the most comprehensive collection of tender notices in CATS Notices in
      57 words
    • 58 14 He SNIFF OUT GOOD DEALS AT AUCTIONS Check out information on auctions in CATS Notices in The Straits Times. -9 HSSW J^HI^^^HHPIIf 7tgT%Hma' <L iHll^^Hi^l jPr f^HP^HK '1 fyf »Qw y LISTEN OUT FOR FINANCIAL RESULTS ANNOUNCEMENT Find out more about a company's financial performance through CATS Notices in The
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  • SINGAPORE NEWS
    • 178 15 DATE/ TIME EVENT VENUE 22-23 Jan The Asia Business Forum Marina Mandarin 8.00am How To Practically Hotel Successfully Implement Balanced Scorecard 22-24 Jan The Asia Business Forum Meritus Mandarin 8.00am Public Relations and Hotel Communications Asia 2007 22-24 Jan IBC Asia-4th Annual LNG The Raffles City 8.15am Tech
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    • 695 15  -  Maybank mulls Islamic alternative to interest-based mortgages By KHALID HUSAIN MAYBANK Singapore is considering Syariah-com-pliant loans for the big HDB market, estimated to be worth more than $65 billion. If launched, the financial product will be the first Islamic alternative to inter-est-based mortgages
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    • 262 15 PHILIPS Medical Systems and the National Heart Centre (NHC) signed a memorandum of understanding (MOU) last Thursday to upgrade the standard of angiography with a new imaging technology and training. The collaboration will involve two parts clinical validation of the new Philips Allura Xper
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  • Page 15 Advertisements
    • 345 15 I i >1 ~a ISLAMIC MORTGAGE: and resold to the borrower at an agreed price, LUt UAIlf ITVMADirC which includes the bank's mark-up profit. The IIUllll nllRRd borrower may repay in instalments during a —-r You select a house and the lender buys on pre-agreed period or in a lump
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    • 83 15 A JB -i|n| HF 5 For enquiries ond subscription, pleose call 6775 9629 or email m marketing@heritogemedia.com.sg. /^HiRITAGE A SUBSIDIARY OF SINGAPORE PRESS HOLDINGS Rml Lianhe Zaobao B I Prospects I I inTmTrnrri I I retail sector I I hut I I labour I I shortage I remains I serious
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • 828 16 Sinking money into undeveloped land overseas is gaining ground among Singaporeans. JANICE HENG looks at how this investment option works and the risks involved INVESTING in land is nothing new; tycoons like Warren Buffett and Li Ka-shing have profited from it. Yet such investment was traditionally
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    • 204 16 FANCY becoming the next Warren Buffett or George Soros? Or even the famous Robert Kiyosaki? Then read on. The Young Investors' Forum, part of the BT-Citibank Tertiary Outreach Programme, isn't another dry page out of your financial textbook. To complement our editorial content, we have
      204 words
    • 809 16  -  CAMPUS LIFE Student investor Nicholas Yap, 21, tells JASON LOW he trades mainly in US options and equities JASON LOW Nicholas Yap is not your average student-investor. Since he started trading two years ago, the 21-year-old Singapore Management University (SMU) business undergraduate has come a
      ARTHUR LEE  -  809 words
  • Page 16 Advertisements
    • 46 16 citibank The Business Times-Citibank Young Investors' Forum is published every Monday in The Business Times. It aims to raise the financial awareness of university and polytechnic students and cultivate a better understanding of business issues. The series is part of BT and Citibank's tertiary outreach programme.
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  • ECONOMY WATCH
    • 601 17 Need to create jobs will spur rapid growth: economists Reuters [BEIJING] China's economy, the world's fourth largest, is likely to enjoy a fifth straight year of double-digit growth in 2007, government economists said on Saturday. Beijing's leaders, despite unveiling a slew of policies in
      Reuters; AP  -  601 words
    • 504 17 Proposed partnership also aims to capitalise on China's growth AFP [NEW YORK] Powerful US and Japanese business leaders called on Friday for a free trade agreement to link the world's two largest economies. After day-long talks in New York, the US Business Roundtable
      AFP  -  504 words
    • 620 17 Bloomberg [WASHINGTON] Economic growth in the US will pick up in the course of this year as the housing slump eases, the American Bankers Association (ABA) projects. Growth will accelerate to a 2.9 per cent annual rate in
      Bloomberg  -  620 words
    • 318 17 Reuters [BEIJING] China's policy of allowing the yuan to gain a modest 3-5 per cent a year is not sustainable as the cost of preventing a faster rise will crush the central bank, said an economist. Zhong Wei, a professor at Beijing
      Reuters  -  318 words
  • Page 17 Advertisements
    • 6 17 World's Finest '"HM Virtual Office j
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    • 249 17 Thinking Creatively Within the Box 1 Feb 2007 (Thu) 9am spm News Centre Training Room You don't need to step out of the box to be creative. Learn how to think with practical creativity within limits at your workplace, to become a resourceful individual who is an asset to the
      249 words

  • MALAYSIA/INDONESIA
    • 139 18 Bloomberg [JAKARTA] Indonesia will probably post a US$9.7 billion current account surplus for 2006, helping bolster the South-east Asian nation's currency, according to the central bank. "That's a huge number," Hartadi Sarwono, Bank Indonesia's deputy governor for monetary policies, said in Jakarta on
      Bloomberg  -  139 words
    • 586 18  -  MALAYSIA INSIGHT Few see quick fixes for decades-old problems PAULINE NG KL Correspondent FOR years now, Malaysia's education system has been in the doldrums. Despite the parade of students with an increasing number of distinctions in key examinations, employers continue to complain about the quality
      586 words
    • 200 18 Bloomberg [JAKARTA] Indonesia will ask insurance companies to bid for the right to provide severance pay cover for workers in the country, where the cost of firing staff is the second highest in Asia. "We want to invite insurance companies that are
      Bloomberg  -  200 words
    • 2905 18 Transaction date: Jan 19 For a full listing of the closing prices, log on to BT Online at http://business-times.asial.com.sg after 11.30pm every trading day HONG KONG vol HKS 000 Aeon Credit 6.35 0.05 220 Aeon Stores 9.00 0.50 136 Angang Steel 12.30 0.12 6066 Anhui Conch .2660 -0
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    • 522 18 Investors lured by easing of buying rules, low prices AFP [KUALA LUMPUR] Foreign investors are driving a boom in Malaysia's luxury-condo-minium market, lured by the relaxation of purchasing rules, a strong economy and low prices compared to other Asian capitals. "Malaysia was off the
      AFP  -  522 words
    • 334 18 AFP [KUALA LUMPUR] Massive flooding in Malaysia and Indonesia, the world's top exporters of tr&pical timber, has forced timber prices up sharply, according to a new industry report. "The incessant rainfall and widespread flooding drove prices for Malaysian timber products sharply up,"
      AFP  -  334 words

  • GREATER CHINA/INDIA
    • 414 19 He emphasises rural sector, foreign exchange reforms, HK collaboration [HONG KONG] China on Saturday wrapped up a toplevel strategic meeting by mapping out the future direction of the country's financial system, emphasising the rural sector, foreign exchange reforms and greater collaboration with
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    • 572 19 Economic Times [LONDON] The takeover battle for Anglo-Dutch steelmaker Corus is set for a gripping climax with reports across the world suggesting both the suitors India's Tata Steel and Brazil's CSN are gearing to boost their respective bids, despite their reservations
      Economic Times  -  572 words
    • 74 19 [MUMBAI] Participants running in the Standard Chartered Mumbai Marathon yesterday. Over 30.000 of the city's residents ran alongside more than 550 top athletes from Africa and Australia in the 42.195 km marathon. John Kelai of Kenya finished the race in first place in 2:12.28 hours, followed
      AP; AFP  -  74 words
    • 324 19 Kerala govt says IT workers should be allowed to protest AFP [THIRUVANANTHAPURAM, India] A communistrun state in southern India is threatening to overturn a business-friendly ban on workers organising unions within its crucial outsourcing industry. The leader of Kerala
      AFP  -  324 words
    • 670 19 ANALYSIS Proposals could conflict with plans of other major mainland cities: analysts AFP [HONG KONG] Hong Kong's bid to keep pace with China's breakneck economic growth by strengthening its own status as a global financial centre could face stiff opposition from mainland cities,
      AFP  -  670 words
    • 188 19 Reuters [MUMBAI] India's Tata Motors Ltd said yesterday it had begun initial construction of a small-car plant in eastern India, where locals have protested against the planned transfer of agricultural land for the project. Tata Motors, the country's top bus and
      Reuters  -  188 words
    • 530 19 STRAITS TIMES INDEX STOCKS Stock name Wt Close Change Allgreen 0.44 1.610 +0 030 Ascendasreit 1.08 2.650 -0.060 BIL Intl 0.39 1.670 +0.010 CapctaLaod 5.19 6.950 -0.050 CapitaMall 0.93 3.060 +0.040 Chart SemiCond 0.77 1.240 -0.040 CityDev 3.22 14.500 -0.300 ComfortDelGro 1.45 1.790 -0.020 CoscoCorp 1.04 2.750 -0.010 Creative Tech
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  • MIDDLE-EAST
    • 464 20 Economies will remain strong if oil prices and US dollar stay stable AP [DUBAI] The oil-fueled boom in Gulf Arab states has peaked, but their economies will enjoy solid, albeit slower, growth during the next two years, HSBC bank predicted in a
      AP  -  464 words
    • 442 20 AP [NEW DELHI] Saudi Arabia plans to increase its crude oil production capacity nearly 40 per cent by 2009 and double its refining size over the next five years to keep pace with growing global demand, the country's oil minister has said. Ali
      AP  -  442 words
    • 183 20 Bloomberg [DUBAI] Dubai Islamic Bank, the biggest lender in the United Arab Emirates to comply with Muslim banking law, said it plans to form the world's first syariah-compliant financial services company. The company will offer research, training, and financial and legal documentation in
      Bloomberg  -  183 words
    • 339 20 Bloomberg [NEW DELHI] Saudi Arabia, the world's largest oil producer, is looking beyond "short-term aberrations" in oil markets by carrying through an USSBO billion program to boost output and meet global demand. Oil Minister Ali al-Naimi said. Oil has slid 14 per cent
      Bloomberg; BLOOMBERG  -  339 words
  • Page 20 Advertisements
    • 1128 20 IN THE MATTER Of THE COMPANIES ACT (CAR 50) AND IN THE MATTER OF (I) TECHNOLOGIES CAPITAL HOLDINGS PTE LTD (CREDITORS' VOLUNTARY LIQUIDATION) (Company Registration No. *****6843R) 01) LIANG HUAT INDUSTRIES PTE LTD (CREDITORS' VOLUNTARY LIQUIDATION) (Company Registration No. *****9503K) (III) GLASPEC INDUSTRIES PTE LTD (CREDITORS' VOLUNTARY LIQUIDATION) (Company Registration
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    • 1326 20 W f CHINA ENTERTAINMENT SPORTS LTD. fl (Incorporated in the Republic of Singapore) fl (Company Registration No *****6814G) fl 1 NOTICE OF EXTRAORDINARY GENERAL MEETING 1 I NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of China Entertainment Sports I Ltd (the "Company*) wHI be held at Banquet Hall,
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    • 3 20 1 r nf
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  • ASIA-PACIFIC/WORLD
    • 841 21  -  WALL STREET INSIGHT Oil slide, solid economic data, benign inflation fail to inspire market By ANDREW MARKS in New York UP, down, back and forth, the US stock market has been on a roller coaster since the start of the new year as Wall
      841 words
    • 225 21 Bloomberg [BANGKOK] Thailand will detain more people suspected of involvement in a series of New Year's Eve bombings in Bangkok that killed three people, army chief Sondhi Boonyarataklin said. Suspects include "officials in uniform" such as soldiers and policemen, Gen Sondhi told reporters in Bangkok
      Bloomberg  -  225 words
    • 362 21 Reuters [ALGlEßS] Opec will not hold an emergency meeting to shore up sagging oil prices with further output cuts because of Saudi opposition to the move, Algeria's Energy and Mines Minister Chakib Khelil told state radio yesterday. Any attempt by Opec to cut output
      Reuters  -  362 words
    • 260 21 Reuters [FRANKFURT] German engineering giant Siemens is pulling out of Sudan on moral and political grounds, its chief executive Klaus Kleinfeld said in a magazine interview released on Saturday. Despite strong financial results, Siemens' reputation has been hit by a 200--million-euro (*****.8
      Reuters  -  260 words
    • 603 21 AFP [WASHINGTON] The field of US Democratic presidential contenders was expected to grow even more yesterday after Senator Hillary Clinton dramatically reshaped the budding contest by entering the 2008 race. New Mexico Governor Bill Richardson, a former US ambassador to the United Nations
      AFP; REUTERS  -  603 words
    • 713 21 About 4,200 bankers in the City will pocket bonuses of more than £1 million each Reuters [LONDON] When you're a London banker with more than a million dollars in bonus money to burn, the yachts, James Bond cars and luxury homes are yours for
      Reuters  -  713 words

  • AVIATION/SHIPPING
    • 647 22 Reuters [CHICAGO] Initial public offerings from maritime shipping firms may be thin on the ground in 2007, not for a lack of investor interest but because many operators are flush with cash, according to analysts. "Fleet operators have seen unprecedented earnings over the
      Reuters  -  647 words
    • 529 22  -  Singapore port's biggest customer counting on it as its S-E Asia hub By GEORGE JOSEPH SINGAPORE'S Jurong Port is banking on existing customers boosting their volumes this year to give a much-needed fillip to its 2007 handling throughput. And one
      FILE PHOTO  -  529 words
    • 215 22 Bloomberg [BANGKOK] Thailand's Transport Ministry plans to seek Cabinet approval in two or three weeks to reopen Bangkok's Don Muang Airport for domestic flights and ease congestion at the new airfield, the busiest in South-east Asia. "We have gathered information and will
      Bloomberg  -  215 words
    • 2130 22 CITY WJ6MT tTA FUtHT ITO Adslalda LH9771 1845 LH9770 2300 S0230 1845 SO229 2300 AF8087 1850 BA7381 1850 QUI 1850 SQ443 0830 Amsterdam SQ323 0620 SQ330 1250 AZ3992 1450 AZ3993 2255 KL837 1450 KL838 2255 SQ324_2J45 X?348 piOQ Auckland EK433 0215 SQ281 0855 SQ282 0640 LH9816
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  • Page 22 Advertisements
    • 194 22 ASIA EAST AFRICA TRADE AGREEMENT EMERGENCY VESSEL DELAY SURCHARGE Major Carriers operating between Asia and East Africa have reviewed the continual vessel delay situation in the port of Dar Es Salaam, Tanzania and wish to advise that an Emergency Vessel Delay Surcharge will be applied to all import cargo including
      194 words
  • Page 22 Miscellaneous
    • 369 22 CRYPTIC CROSSWORD 5 Posh boy pursued by princess hiding awful bias (7) 10 Something going round either 10] |B| jjHHH JMf MR 11 Most attractive stories conveyed 12 I 13 Son given coaching is re- j JHjMHHH HjH 14 Lots of water was first stopped 15 I from leaking (6)
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  • 11372 23 SGX MAINBOARD Week ended: Jan 19 52 Wk TH Last Vol Week Last Quote Mv GrYld Net MCap High Low Code Company Sate ('000) High Low 8uyr Sdtar Cvr WI Sma 3.5 1 5716 1st Software 2 susp 81 II 5 6 3148 8Telecom 10 +0.5 ***** 11
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  • Page 23 Advertisements

  • 6824 24 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In local am ha SS In US$ yf dy yr *dy %yr <8 lnrte» Chang* Change Change Change Change Ch«nge The Woild lnde« Preliminary ***** 03 14.9 03 9 7 03 18.7 EAFE Prelimioaiy ***** 0.4 15.6 0.4 14.7 04 J40 Europe Preliminary
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  • Page 25 Advertisements
    • 1557 25 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 Singapore, E./W. Malaysia, Indonesia E/w ndonesia MIPPLE-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 Loads E. Malaysia,
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    • 701 25 lnmAsu roro mvic« ygsa/vor ramppcd hbghtw wc m m sm jkt snAmanffis? so 4 25/01 a/01 30/01 STuma«es3 30 4 02/0? 04/02 00/o? 11/02 13/02 STtAin EXntESS 4 30 4 02/03 04/ M 00/03 11/03 13/03 BMMBW i vßsa/vor ramped hbgwtw I 10 i aw i wb stp mel ape
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  • THE BUSINESS TIMES SHIPPING TIMES
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    • 533 27 I VESSEL VOY PKL SIN KARACHI DXB BAB PMM BIK KHOU IRAN SHAHRYAR PCL 8184 23/01 22/01 01/02 04/02 05/02 11/02 13/02 IS/02 IRAN BAABAEI PCL 8186 27/01 28/01 06/02 09/02 10/02 16/02 18/02 20/02 IRAN SATTARI PCL 8187 09/02 [10/02 19/02 22/02 23/02 01/03 03/03 05/03 VESSIL VOY SIN
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  • BizIT
    • 595 29  -  But S'pore is not following the regional trend, says Soundbuzz By ROLAND LIM THIS will be the year that digital music sales trump the sale of music recorded on physical media like CDs and tapes in the Asia Pacific region, according
      REUTERS; Source: Soundbuzz  -  595 words
    • 340 29 AFP [SINGAPORE] Personal computer sales in the Asia Pacific region are expected to grow 15 per cent this year, an industry monitor said on Friday amid upbeat forecasts for the technology sector. More than 48 million units were sold last year, up
      AFP  -  340 words
    • 361 29  - <what's up> Compiled by WINSTON CHAI ABB opens S'pore control centre POWER and automation technology specialist ABB has opened a new facility in Singapore to provide training for its customers in the Asia-Pacific region. The so-called Regional Action Centre will focus on technical training and sales support for the company's
      361 words
    • Article, Illustration
      306 29  - <what's new> Compiled by WINSTON CHAI Oce's latest duplex printer speeds up volume printing OCE has launched VarioPrint 6250, the company's latest duplex printer. The firm claims it is the world's fastest printer in its class as it is capable of producing 250 A4 and 132 A3 prints per minute,
      306 words
    • 172 29 Bloomberg [SAN FRANCISCO] Sun Microsystems Inc, the world's third-largest maker of server computers, is preparing to build machines using Intel Corp microprocessors, Banc of America Securities analyst Sumit Dhanda said. Sun will break its exclusive use of Advanced Micro Devices Inc Opteron
      Bloomberg  -  172 words
    • 499 29  -  Falling prices drive S'poreans to snap up HD-ready TVs By WINSTON CHAI SINGAPOREANS are snapping up the latest high definition (HD)-ready television sets because of declining prices rather than the promise of receiving crys-tal-clear TV broadcasts, according to new market research. Market research
      AFP  -  499 words
    • 180 30 Reuters [LONDON] Broadband Internet access has become cheaper than dial-up for the first time, figures show. Consumers with a dial-up connection are now almost certain to make savings by switching to broadband, irrespective of whether they pay per minute or via a monthly fee for
      Reuters  -  180 words
    • 892 30  -  IT research house IDC expects the sector to hit US$3.5b this year, with new applications driving growth and network equipment market to grow 7 per cent, reports AMIT ROY CHOUDHURY AMIT ROY CHOUDHURY NEW services that take advantage of higher-speed broadband and wireless will help
      892 words

  • Page 30 Advertisements
    • 561 30 1111 111 CISCO fit ?*|®L' Jl MmJL m M Nothing motivates Glenn Tan, Group Chief Executive of Motor Image Enterprises Pte Ltd, more than the challenge of driving the Subaru brand image to its fullest potential in the highly competitive retail automotive market across Asia Pacific. It's this drive that
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    • 13 30 DIGITAL MUSIC Asia-Pac digital music sales set to beat physical music PAGE 29
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