The Business Times, 25 January 2007
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2007-01-25
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The Business Times
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Title Section23 2007-01-25 1 The Business Times SINGAPORE 85 cents online at http://business-times.asia 1 .com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION MICA (P) 202/12/2006 Thursday, January 25,2007 iMwrato^23 words
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Article, Illustration671 2007-01-25 1 VEN SREENIVASAN; CONRAD RAJ - Eng Wah expected to close down topless entertainment show after heavy losses in just over a year of operations By VEN SREENIVASAN and CONRAD RAJ [SINGAPORE] The nights appear to be numbered for the Crazy Horse nude revue, following the decision yesterday byARTHUR LEE - 671 words
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Article, Illustration828 2007-01-25 1 UMA SHANKAAI; VINCENT WEE - S'pore mulls new supply sources, stockpile release By UMA SHANKAAI and VINCENT WEE [SINGAPOREI Indonesia has imposed a blanket ban on the export of sand in a move that could dampen the recovery of Singapore's construction industry. While expressing disappointment at Jakarta's decision, Singapore said thatYEN MENG JIIN - 828 words
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Page 1 Advertisements
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Advertisement37 2007-01-25 1 V S Seagate to keep S'pore as base for high-end drives BizIT SINGAPORE BUDGET PM Lee signals 2-point GST increase likely to be made in one go PAGE 3 Analysis: Infrastructure boom in the works PAGE 1937 words
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Advertisement15 2007-01-25 1 Hedge funds HEDGE RINDS S'pore among Asia's top performers PAGE 5 Markets Digest, Page 215 words
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Advertisement66 2007-01-25 1 Mega Merger r f MEGA MERGER! US$l lb palm oil 1 deals signed PAGE 11 Property PROPERTY for Orchard Rd shops BL&Ti in cm-—s-^urjLM ■Him —'Ml VMflßll ■bii |b I llflH nkg ign 11 h I I iiK aBB S^Hj I J i 'VmLI HI Jj~ji I H H If?66 words
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TOP STORIES
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504 2007-01-25 2 I WEE LI-EN - 10% rise in equity prices adds about 1% to consumption: HSBC economist By I WEE LI-EN [SINGAPORE] Consumer I spending this year will be boosted by the recent gain in the equity market but not the private residential property market, HSBC senior504 words
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Article35 2007-01-25 2 IN our report yesterday, "WBL shareholders pass resolutions", we wrongly identified a director in the picture as Mr Wong Nang Jang. It should be Prof Cham Tao Soon. We are sorry for the error.35 words
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Article135 2007-01-25 2 STI 3,150.24 (+17.34) ST INDEX FUTURES 3,150.00 (+17.00) siMsa 383.80 (+2.08) SIMSa FUTURES 383.90 (+2.30) MARKETS Wednesday Change KICOMP 1.183.04 +13.92 NIKKEI 225 1 7,507.40 +98.83 HANG SENG 20,821.05 +51.35 SET INDEX 657.16 +6.40 JAKARTA COMP 1,805.69 -2.88 MANILA COMP 3,244.75 +45.41 SEOUL COMP 1,383.06 +19.97 SHENZHEN B135 words
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Article146 2007-01-25 2 Reuters [SINGAPORE] Singapore said yesterday it had adopted a new format for reporting its gross domestic product (GDP) figures, resulting in minor revisions to data. The new format replaces the transport-and-commu-nications segment with transport-and-storage and information-and-communi-cations sectors, the government said in a statement. The transport-and-storage industryReuters - 146 words
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Article, Illustration608 2007-01-25 3 UMA SHANKARI - More high-end projects nearby expected to be launched soon By UMA SHANKARI [SINGAPORE] High-end launches in the Marina Bay area have hogged all the limelight of late, but this is about to change as the buzz moves to the Orchard Road area.608 words
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572 2007-01-25 3 CHUANG PECK MING - Rise in employer's CPF contribution looks a foregone conclusion By CHUANG PECK MING [SlNGAPOßE] Prime Minister Lee Hsien Loong has indicated that the 2 percentage point hike in goods and services tax (GST) is likely to be made in one go572 words
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Article443 2007-01-25 2 PM signals 2-pt GST hike likely in one go PRIME Minister Lee Hsien Loong has indicated that the two-point hike in the goods and services tax is likely to be made in a one-off adjustment—and an increase in the employer's contribution to the Central Provident Fund looks a443 words
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Page 2 Advertisements
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Advertisement179 2007-01-25 2 people Do we know you (Register with us today) www thepeoplo.itwork com Asia Pacific Executive Search THE ALL-NEW VOLVO SBO. THE LUXURY CAR THAT KNOWS LIFE IS THE GREATEST LUXURY OF ALL. J* r-V >,><■' a ■>- *><$*< PHK|it New YEAR BONUS •12 MONTHS'FREE INSTALMENTS WORTH $19,800* $10,000* CASH REBATES179 words
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Page 3 Advertisements
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Advertisement114 2007-01-25 3 Keen to win a Cisco Unified Communications System worth $90,000? Check out Page 28 f I bSSBWi. i SSSfI B ni« HfHj Date 27th 28th January, 2007 (Sat Sun) Hl|BKk^BHH||yJHj-K^^^SSS'' fisBS&S^I gg vi>-A Time :11am to 7pm 3£ Hm& LXjßnpS» Venue Grand Hyatt Singapore H ISC: HnP F£EB3rs Sir Henry114 words
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COMPANY NEWS
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793 2007-01-25 4 MATTHEW PHAN - HOCK LOCK SIEW By MATTHEW PHAN WHAT do Keppel Corp, SMRT, PSA International and Sing Tel have in common? All familiar names, each owns infrastructural assets critical to Singapore's everyday social and economic activity. They now also have a potential avenue to divest assets through793 words
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Article, Illustration466 2007-01-25 4 ARTHUR SIM - ART's portfolio size rises to $1.2b with new regional purchases By ARTHUR SIM ASCOTT Residence Trust (ART) will buy three properties two in Japan and one in Vietnam with a total value of $144.1 million. Chong Kee Hiong, CEOFILE PHOTO - 466 words
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Article, Illustration425 2007-01-25 5 TEH HOOI LING - By TEH HOOI LING SINGAPORE Petroleum Company yesterday said its full-year net earnings for 2006 fell 29.5 per cent to $284.6 million due to lower refining margins. The earnings per share of 55.33 cents were below analysts' consensus of 62.7 cents forBLOOMBERG - 425 words
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Article267 2007-01-25 5 SLOW LI SEN - By SLOW LI SEN MEDIARING shares soared as much as 11.8 per cent to 42.5 cents in heavy trade yesterday on talk that Singapore Telecommunications was looking to buy a stake in the company. More than 93.2 million Mediaßing shares changed hands and the stock closed three267 words
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519 2007-01-25 5 SLOW LI SEN - They are in a tough business, but are helped by the Asian stock rallies By SLOW LI SEN SINGAPORE hedge funds may be small compared with their global peers, but they have done pretty well in making money for their investors in a519 words
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329 2007-01-25 5 CHINESE property developer Yanlord Land Group is planning a global equity and bond sale which could raise up to $670 million in net proceeds from new shares to be issued. Singapore-listed Yanlord, which builds and sells upmarket apartments in Chinese329 words
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293 2007-01-25 5 KALPANA RASHIWALA - M'sia Smelting says unit PT Koba Tin involved in probe By KALPANA RASHIWALA STRAITS Trading Company subsidiary Malaysia Smelting Corporation (MSC) says Indonesian police began investigations yesterday afternoon at its 75 per centowned subsidiary PT Koba Tin on Bangka island, Indonesia. The293 words
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Article, Illustration469 2007-01-25 5 SLOW LI SEN - With commodity boom, it returned almost 50% in '06 By SLOW LI SEN SINGAPORE'S first and only commodity he'dge fund The Merchant Commodity Fund has ballooned an astonishing 45 times to US$45O million from US$lO million in less than three years,469 words
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Page 4 Advertisements
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Advertisement71 2007-01-25 4 7:00 pm-10:00 7f 2nd February 07 2:00 pm 5:00 pm I ■JE? The Orchard Hotel, 442 Orchard Road^^H Limited lU Call Hotline Now I On offer are selected I creme of Australian I properties various prices I and locations hand-picked by Oliver Hume Real I Estate Group, Australia's I largest71 words
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Advertisement160 2007-01-25 4 35,000 nautical miles. 12 cities 10 months The Cfipper Round the VSforld Yacht Race presents a bra*e new world to those with the dare and tenacity to take up the chalenge of cross-ocean sailing. the occasion and dkJ us proud. from diverse waks of fife, they saied the Uniquely Singapore160 words
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Page 5 Advertisements
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Advertisement363 2007-01-25 5 "Thank You Mind Champs!" "I was looking for something that is sustainable over the long run". mm tW 1 H 'I®AO Iffl ■B/ ■■■■■■■kw Wl Mdm Ho Yoke Ming, mother of Isaac from ACS Junior, is proud that her son has attained 2 A*s and 2 As in the last363 words
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SINGAPORE MARKETS
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Article, Illustration520 2007-01-25 6 R SIVANITHY - STOCKS Sing Tel contributed the most to the index's 17.34-point gain with its rise to $3.50 accounting for about 10 points R SIVANITHY Senior Correspondent sending the Straits Times Index yesterday to a new all-time high of 3,150.24. This time it was Sing Tel which contributedSource: Bloomberg - 520 words
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Article, Illustration1044 2007-01-25 6 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS (Disclosures made on Jan 24 and earlier) Subsantial No of Price SHAREHOLDING Trans Shareholder/ Buy I Shares Per Before After Stock Date Director Sell '000 Shr > (POO) fooo) Golden Agri-Res 24-Jan-07 Widjaja Family Mastr Tr 2 'Sell 6756 na *****30 56.09 *****74 551,044 words
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Article, Illustration1007 2007-01-25 6 UMA SHANKARI - Compiled by UMA SHANKARI Asia-Pacific strategy CREDIT SUISSE. Jan 24 THE lack of overall excitement over chemical stocks is starting to make this cyclical sector look bizarrely like a value play. Chemicals have outperformed Asia ex-Japan by only 0.7 per cent since bottoming in August 2006, and underperformed1,007 words
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Article, Illustration505 2007-01-25 6 LARRY WEE - CURRENCIES LARRY WEE Senior Correspondent THE embattled Japanese yen made a spirited comeback in Asian currency trading yesterday. Traders suggested that this may well have been helped by a sharp Australian dollar sell-off early in the Asian session. The Australian currency nosedived in earlySource: Reuters - 505 words
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COMPANY NEWS
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Article, Illustration695 2007-01-25 7 It's in the race for a Bombay exchange stake, and wants to be Asia's gateway Reuters WHEN Singapore banker Hsieh Fu Hua took the helm at Singapore Exchange (SGX) in March 2003, it looked liked SGX was set to fold its vision of buildingReuters; FILE PHOTO - 695 words
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Article197 2007-01-25 7 Bloomberg SHARES of Chartered Semiconductor Manufacturing Ltd, the world's thirdlargest customised-chip maker, rose the most in five months after Merrill Lynch Co said it may get orders from Freescale Semiconductor Inc. Chartered's stock gained 7.2 per cent to $1.34 at the close of trading in Singapore,Bloomberg - 197 words
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Article567 2007-01-25 7 PPB board okays sale of stakes to Wilmar PPB Group Bhd's board has approved the proposed disposals to Wilmar of a 65.8 per cent stake in PGEO Group Sdn Bhd and a 28 per cent stake in Kuok Oils Grains Pte Ltd. Also approved is the proposed disposal567 words
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Page 7 Advertisements
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Advertisement524 2007-01-25 7 H CREATING GOLF'S HIGHEST MOMENT OF INERTIA. H OR: HOW WE CAME TO LOVE GEOMETRY. H By Justin Leonard, K.J. Choi, Stewart Cink Th. Power o« Math is hard. We don't mind telling you we like to avoid it at all costs. That is until recently, when the guys at524 words
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Advertisement5 2007-01-25 7 World's Finest Virtual Office. J5 words
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SINGAPORE INTERNATIONAL
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Article, Illustration1221 2007-01-25 8 ANNA TEO - Over the past six years, Peru has been the fastest growing country in the region, reports ANNA TEO ANNA TEO AS THE cradle of the Inca empire in the 15th and 16th centuries, Peru was dominant in the sprawling Andes region, enriched by gold andREUTERS FILE PHOTO - 1,221 words
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425 2007-01-25 8 WHEN trading company Tionale Enterprises decided to venture into the South American market several years ago, it chose to do so through a representative office in Peru. Tionale—which has also strategic investments in manufacturing operations in Asia supplies building materials, textile yarns and425 words
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Page 8 Advertisements
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Advertisement24 2007-01-25 8 Oil Gas Opportunities in Latin America Organised by Supported by it! c= s 3f> I imoc— Ms—iWMiMW —irwa FEDERATION ,N R OTCWM£*CE MBE Singapore24 words
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Advertisement40 2007-01-25 8 ENTERPRISE THE BUSINESS TIMES SINGAPORE Singapore SinQspora tntamttkonal lil WNkly, m#rk#t focuHd Mftai brouyiK to you by II Singapore and 7h# Mnm Hm«.« Singapore to an agtncy under th# MinMry of Tndi And Induftry hitpinj SlflQipori entorprtoai export md hiiafnetJoneltoe.40 words
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SINGAPORE NEWS
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288 2007-01-25 9 UMA SHANKARI - It also wants more extensive use of steel in buildings By UMA SHANKARI THERE has been encouraging progress in the adoption of alternative construction materials and methods, industry regulator Building and Construction Authority (BCA) said yesterday. And construction companies can expect to288 words
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Article, Illustration434 2007-01-25 9 JANICE HENG - Advance SCT's new copper refinery to be platform for expansion abroad By JANICE HENG THE Economic Development Board (EDB) has identified the minerals, metals and materials (MMM) industry as one with significant economic potential for Singapore, chairman Lim Siong Guan said yesterday.YEN MENG JIIN - 434 words
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640 2007-01-25 9 MICHELLE QUAH - NKF CIVIL SUIT Procedures also not adhered to in payments to Protonweb, Forte: ex-finance manager By MICHELLE QUAH THE National Kidney Foundation (NKF), under former CEO TT Durai, failed to adhere to proper payment and tender procedures in the contracts it awarded640 words
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Article, Illustration276 2007-01-25 9 THE Agency for Science, Technology and Research (A*Star) and partners have extended an initiative to help local small and medium-sized enterprises (SMEs) grow and globalise through their technology upgrading programme, due to positive response. The initiative known as Growing Enterprises with Technology276 words
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291 2007-01-25 9 SINGAPOREANS can now look forward to more late night shopping on the last Friday of each month beginning tomorrow, as retailers extend their operating hours up till midnight. The "Friday Late Night Shopping" initiative was initially launched by the Singapore Tourism Board291 words
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232 2007-01-25 9 JANICE HENG - By JANICE HENG A CHARITY set up by former movie star Michael J Fox has awarded a grant to a subsidiary of a Singapore-listed company to help find a cure for Parkinson's diseas. Fox suffers from the debilitating disease. But the232 words
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Article206 2007-01-25 9 MOU to boost food industry signed A MEMORANDUM of Understanding (MOU) signed yesterday between the Restaurant Association of Singapore and South Korea's Grand Tables Association is aimed at fostering closer ties and creating opportunities for food industry growth. The signing took place during IE Singapore's first food services206 words
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Page 9 Advertisements
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Advertisement101 2007-01-25 9 ETAX/ Our qualified professional* can assist you with offshore structures, shelf companies JHKj and incorporations in ALL British Virgin islands Cayman Islands r« Bahamas Mauritius Hongkong > Samoa Full nominee, management secretarial, banking and corporate administration services are available. We also specialize in offshore trusts for assets protection estate planning.101 words
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ECONOMY WATCH
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522 2007-01-25 10 US$2.6b services trade surplus in 2005; US$67b expected in 2015 AFP [WASHINGTON] In contrast to the massive deficit in trade in goods, the United States is chalking up a rare surplus in services trade with China that could balloon to US$67 billionAFP - 522 words
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Article, Illustration223 2007-01-25 10 AFP [JAKARTA] Indonesia no longer needs help from its main group of Western donors and will rely more on its own funding for development plans. President Susilo Bambang Yudhoyono said yesterday. The Consultative Group on Indonesia, a World Bankchaired group of theAFP - 223 words
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Article, Illustration316 2007-01-25 10 AFP [DAVOS] Business and political leaders were gathering in the Swiss mountain resort of Davos for the World Economic Forum's (WEF) annual meeting yesterday, brimming with confidence about business prospects over the coming year. However, the forum's traditional mix of public debates andAFP; AP - 316 words
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9 2007-01-25 10 AP. Reuters (Washington)AP.; Reuters - 9 words
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Page 10 Advertisements
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Advertisement723 2007-01-25 10 Cats Notices Notice is hereby given of unclaimed cargo lying in Jurong Port. The unclaimed cargoes includes but not limited to the following: 1 lot of bags carbon 1 lot of general cargo consisting of hinges, bolt and nut, padlocks, switches, insulator and kraft liner 1 lot of steel product723 words
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Advertisement308 2007-01-25 10 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF THYE SENG ENGINEERING HARDWARE (PTE) LTD (Company Registration No. *****2282H) (IN VOLUNTARY LIQUIDATION) MEMBERS' VOLUNTARY WINDING-UP At an Extraordinary General Meeting of the Members of the abovenamed company duly convened and held at 122, Sims Avenue,308 words
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Advertisement802 2007-01-25 10 BANKRUPTCY ACT (CHAPTER 20) BANKRUPTCY RULES IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE In Bankruptcy O S. No. 3389 of 2006/S In the matter of the Bankruptcy Act (Cap. 20) And In the matter of SUBRAMANIAM THAN APATHY A/L POTHIAPPEN SUBRAM ANI AM (NRIC No. *****995Z) Between UNITED802 words
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MALAYSIA/INDONESIA
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362 2007-01-25 11 Bernama [KUALA LUMPUR] Shares of Genting Bhd, Asia's biggest listed gaming operator, extended a record following chairman Lim Kok Thay's plan to build a casino in Macau. Genting shares surged RM3.25, or 9 per cent, to RM39.25 in Kuala Lumpur, the biggestBernama - 362 words
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273 2007-01-25 11 To be ready by Q4 r merged entity will be world's largest listed palm oil firm AFP [KUALA LUMPUR] Three Malaysian plantation companies yesterday signed agreements launching a US$ll billion merger, which will create the world's largest listed palm oilAFP - 273 words
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Article, Illustration437 2007-01-25 11 PAULINE NG - Impact less serious than expected as industry unaffected By PAULINE NG in Johor Baru cated in Simpang Renggang, Kluang and Pasir Gudang, had not sought any assistance. "They are not really affected," branch executive Rosalind Ong said of the chamber's 80-plus members. VillagesAP - 437 words
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402 2007-01-25 11 Difficult for local banks if they are subscale: CEO AP IKUALA LUMPURJ Malaysia's second-largest lender, CIMB Group, expects more banking mergers in the country as local financial institutions gear up for foreign competition, its chief executive said yesterday. CIMB is aAP - 402 words
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121 2007-01-25 11 Bloomberg [JAKARTA] Shares of PT Timah, the world's secondlargest tin miner in 2005, yesterday surged after the government moved to curb illegal exports, potentially raising costs at rival producers. The stock gained 950 rupiah (550.16), or 17 per cent, to 6,700Bloomberg - 121 words
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Article2153 2007-01-25 11 VOL GamudaBhd i» 4j05 SMI MayuPnmiM 125 iaxh 127 Osr Brands®* 348 unch at H (mm General Corpn til OB ffl M*t» TechInto J051 401 30 lUaMHuiuWH 0.14 inch 1422 i«»_k GanbngBhd 323 saw Maflm*n40Bhd AMKtt unch 0 Ra*«aHussaW07 OjOI inch 23$ A»MHea«ty 003 215 George Kent Msla2,153 words
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GREATER CHINA/INDIA
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10 2007-01-25 12 AFP (Mumbai)AFP - 10 words
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419 2007-01-25 12 Economic Times [NEW DELHI] Buoyed with bulging profits, corporate India has opened its purse strings to shareholders with interim dividends and bonus shares in the New Year. At least 60 companies have declared interim dividend or announced plans toEconomic Times - 419 words
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Article, Illustration450 2007-01-25 12 Move to replace current PICC chairman with Yang Chao of China Life [HONG KONG] Beijing is masterminding a top management reshuffle at its mainland insurance companies, with plans to install Yang Chao current chairman of China Life Insurance to assume chairmanship of PICCREUTERS - 450 words
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174 2007-01-25 12 Marsh McLennan scores a first in China Its insurance broker unit wins foreign enterprise licence Reuters [NEW YORK] Marsh McLennan Companies Inc said that its insurance brokerage unit has been awarded China's first wholly owned foreign enterprise brokering licence. Marsh's existing business will expand in China to include large-scale commercialReuters - 174 words
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345 2007-01-25 12 Shareholders to get NT$3 per share held; company to also reduce stock by 30% Reuters [TAIPEI] United Microelectronics Corp (UMC), the world's No 2 contract chip maker, plans to return up to NT557.39 billion (552.7 billion) to shareholders and cancel 30 per centReuters - 345 words
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Page 12 Advertisements
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Advertisement1402 2007-01-25 12 ASCOTT RESIDENCE TRUST (Constituted in the Republic of Singapore pursuant to a trust deed dated 19 January 2006) NOTICE OF BOOKS CLOSURE AND DISTRIBUTION PAYMENT DATE NOTICE IS HEREBY GIVEN THAT the Transfer Books and Register of Unitholders of Ascott Residence Trust ("ART') will be closed on 1 February 20071,402 words
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Page 13 Advertisements
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Advertisement21 2007-01-25 13 jff/MBy* ApK|WMK fj wl Iffif i^s^»l BHBB^^^M if 1 mm/ n > tfg&^Mk; \ffl JM 11 B HBI P*« fill 1 /^fflp^SgHr^21 words
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MIDDLE-EAST
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Article, Illustration665 2007-01-25 14 CLARENCE MICHAEL - Recent SM Goh-led delegation to UAE concludes fruitful trip with new deals By CLARENCE MICHAEL in Dubai SINGAPORE companies are pushing further into the Gulf Arab region, and the new year has opened up new fronts. A 55-strong delegation from Singapore headed byBLOOMBERG - 665 words
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Article2780 2007-01-25 14 UNIT TRUSTS FUNDS ABAtoHtowBIUSD 1.74r DWSNmAsaPxFgClAUSD 1/ (%H SMi kiMtaaiti (Vp«n| latltaui »aa)Mtal" IB2S2XM IMIitaMiIamW" VOW UW(jpf«>N 1m)# 0 *AH DUCiMUlnM a wan' AB Aim Income A USD 8 7' FimSMGOlOOGitv** 111** UakMonMaiMliad I WW 16 S<*«A4 VM »M» tad 31". 0421/ SJCawtadFd 1019****** Ootid Scaeyc S« 029KU36 44 Ama2,780 words
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Page 14 Advertisements
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Advertisement31 2007-01-25 14 You can now use your CPF savings to invest AllianzGI RCM Global gv NOW R S EV| H EW T YOUR INVESTMENTS. Call your Financial Advisor today or visit www.franklintempleton.com.sg INVESTMENTS31 words
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ASIA-PACIFIC/WORLD
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WORLD WATCH
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8 2007-01-25 15 Reuters (Frankfurt)Reuters - 8 words
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8 2007-01-25 15 Reuters (London)Reuters - 8 words
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87 2007-01-25 15 AFP [BRUSSELS] The European Commission announced on Wednesday its second-biggest fine against cartels, demanding 750 million euros (S$1.5 billion) from 11 companies making power generation equipment for price fixing. The companies targeted were ABB, Alstom, Areva, Fuji, Hitachi Japan AE PowerAFP - 87 words
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Article151 2007-01-25 15 Reuters, Bloomberg [NEW YORK] Rupert Murdoch's News Corp. has joined the Chandler family in its bid to buy newspaper and television station owner Tribune Co, a source familiar with the matter said on Tuesday. The source said News Corp's participation is considered small andReuters,; Bloomberg - 151 words
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753 2007-01-25 15 OUR CORRESPONDENT - More laws to be amended to make country more investment-friendly By OUR CORRESPONDENT in Bangkok THAILAND'S Prime Minister yesterday sought to reassure foreign investors that his government remains committed to keeping the domestic economy engaged with the global economy with the cooperation753 words
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Article, Illustration400 2007-01-25 15 Reuters [WASHINGTON] President George W Bush urged a rebellious Congress on Tuesday to give his new Iraq war plan a chance and insisted it is not too late to shape the outcome. Facing defiant lawmakers and the weakest approval ratings of hisReuters; REUTERS - 400 words
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327 2007-01-25 15 Reuters [SAN FRANCISCO] Chipmaker Advanced Micro Devices Inc posted a surprise quarterly loss on Tuesday as a price war with Intel Corp took a heavier toll than expected. Shares in the company fell more than 5 per cent in after-hours trading.Reuters - 327 words
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307 2007-01-25 15 Both bourses discussing possible capital tie-up AP [TOKYO] The Tokyo Stock Exchange is in the final stages of alliance talks with the New York Stock Exchange and may announce the content of an agreement at the end of this month, officials saidAP - 307 words
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168 2007-01-25 15 AFP [TOKYO] Japanese companies are once more building up shareholdings in affiliates and close business partners as they react defensively to a string of takeovers since 2005, a report revealed yesterday. The practice among Japanese firms peaked in 1987 at the height of theAFP - 168 words
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268 2007-01-25 15 Reuters [SAN FRANCISCO] Yahoo Inc posted on Tuesday a 61 per cent drop in quarterly profit, weighed down by option expenses, but the stock rose on news that a new Web search advertising system was nearly complete. Shares in the InternetReuters - 268 words
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Page 15 Advertisements
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Advertisement6 2007-01-25 15 World's Finest M Virtual Office I6 words
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AVIATION
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Article, Illustration444 2007-01-25 16 It's also seeking compensation from Airbus to cover cost of leasing planes Bloomberg [DAVOS] Emirates, the biggest Arab airline, plans to order an additional 12 Boeing Co 777-300ERs valued at US$3 billion because of the delays on the Airbus SASBloomberg; FILE PHOTO - 444 words
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204 2007-01-25 16 AFP [PARIS] Snowstorms swept across west and central Europe for a second day yesterday, killing two people in Germany, disrupting air traffic and leaving dozens of drivers trapped on freezing, logjammed roads. The German victims were a 70-year-old bus driver killed inAFP - 204 words
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392 2007-01-25 16 Bloomberg [FRANKFURT] Ryanair Holdings, Virgin Atlantic Airways, Deutsche Lufthansa and BMI could see bookings soar as a result of a threatened strike by British Airways cabin crew. "A lot of passengers are already fed up with British Airways," said Peter Sherrard, aBloomberg - 392 words
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393 2007-01-25 16 VEN SREENIVASAN - By VEN SREENIVASAN [SINGAPORE] A re-energised and profitable Cebu Pacific Air, which is already neck-and-neck in domestic market share with state-owned giant Philippine Airlines (PAL), is now heading towards an initial public offering, either in Singapore or Manila. President and393 words
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463 2007-01-25 16 Bloomberg [SINGAPORE] Qantas Airways, Australia's largest airline, is in talks to acquire as much as a 30 per cent stake in Pacific Airlines, the smaller of Vietnam's two state-owned carriers, the Vietnamese airline said. "Company officials are in Australia now for discussionsBloomberg - 463 words
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Article722 2007-01-25 16 QTT MOT HA WIT «TP UmVUU JQ455 1225 MMSE 1300 S0?x 1930 Hi HI sisi I S«rl kgmm Jjjjg 6746 m m BpS j 1! 1P 2 «8?i? w mi C T HSK 565 Hff&g ft—gA«Q| 6640 0404 07*1 m m m Christmas IsUnd Ml2« iXA722 words
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Page 16 Miscellaneous
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Miscellaneous194 2007-01-25 16 CRYPTIC CROSSWORD 26 Rocket after blunder? I'll say! Hi W~iH H In —n —n ——Pn —fn—H from on SundaY (6) hostility (7) Across: 1 Deposed, 5 Shows up, 9 3 Plain menu with posh ingre- ig Column's rant about middle Polka, 10 Played out, 11 Extraction, dients (8) c ass194 words
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SHIPPING
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Article, Illustration455 2007-01-25 17 DONALD URQUHART - Resulting higher human error raises risk of collisions, environment woes By DONALD URQUHART [SINGAPORE] A new study by Cardiff University indicates seafarer fatigue is reaching critical levels with at least one in four seafarers saying they have fallen asleep at the wheel due to excessivelyAFP - 455 words
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Article, Illustration454 2007-01-25 17 AFP Reuters [LONDON] Internet auction site eßay has begun removing items for sale which were taken by scavengers from the wreck of a stricken cargo ship off south-west England, coast guards said yesterday. Sophia Exelby, the Receiver of Wreck, said the Maritime andAFP; Reuters - 454 words
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Article, Illustration348 2007-01-25 17 GEORGE JOSEPH - By GEORGE JOSEPH [SINGAPORE] PSA International is returning operations of the Muara Container Terminal in Brunei to the local government, after managing and operating it for the past six years. In 2001, PSA International was roped in to help the naturalFILE PHOTO - 348 words
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364 2007-01-25 17 Reuters [TAIPEI] Taiwan's top port of Kaohsiung plans to invest at least US$l.5 billion over the next eight years to improve traffic and infrastructure to fend off fierce competition from rivals in China and other Asian countries, a senior port official said.Reuters - 364 words
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394 2007-01-25 17 CLARENCE MICHAEL - By CLARENCE MICHAEL in Dubai THE chief of Kuwait's KGL Ports International says the, ports company is looking at South-east Asia for investment opportunities. Speaking to BT in Ras A 1 Khaimah, UAE, KGL Ports International chairman and CEO Mohammad A 1394 words
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10 2007-01-25 17 Reuters (Hanoi)Reuters - 10 words
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Article266 2007-01-25 17 SGX '000 Ja*24 S$ Vol Ch Offshore .0.44 O01 1172 Oiuan Hup Hldgs 034 0.01 1005 Coco Corp- 2.73 0.02 6705 Cwt Limited .0.74 unch 208 EiraHtdgs .4.76 -0.06 57 Freight Links 0.09 rnch 1688 Grand Banks jOJ6 -0.03 5 Java Hold Ltd 1.47 0.01 118 KfVankaes _..0J4266 words
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Page 17 Advertisements
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Advertisement20 2007-01-25 17 For enquiries ond subscription, please call 6775 9629 or email M marketing@heritagemedia.com.sg. J' H^RITAgE A SUBSIDIARY OF SINGAPORE PRESS HOLDINGS20 words
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EDITORIAL & OPINION
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Article551 2007-01-25 18 EDITORIAL SOME might be inclined to ask why so much fuss was raised last week after the Bank of Japan deferred for another month any decision on whether to raise short-term interest rates. Japan, after all, lived with a zero interest rate regime for six551 words
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Article, Illustration1320 2007-01-25 18 KAI-ALEXANDER SCHLEVOGT - They need to put in place structures and processes that prepare them for pandemonium By KAI-ALEXANDER SCHLEVOGT Managing a multinational enterprise in China can dishearten even the toughest. After having incurred heavy losses for so long and entered the profit zone only recently,AFP - 1,320 words
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Article, Illustration781 2007-01-25 18 ANTHONY ROWLEY - THE BOTTOM LINE ANTHONY ROWLEY Tokyo Correspondent 11 lb said that countries do not have mends only interests", and that seems to be borne out by the way that diplomatic relations between Japan and China are evolving now. They have gone from being strained781 words
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Article, Illustration1205 2007-01-25 19 ANNA TEO - The upcoming Budget will likely see a surge in expenditure on building infrastructure and strengthening the social safety net By ANNA TEO THE Singapore government can increase its spending by a billion dollars or two and it would still be among the most thriftyYEN MENG JIIN - 1,205 words
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538 2007-01-25 19 Leong Sze Hian - LETTER TO THE EDITOR Leong Sze Hian I REFER to media reports about the manpower minister addressing Members of Parliament on Jan 22. "To a question if the minimum CPF sum of $90,000 would be enough for retirement, Mr Ng said changes are being538 words
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Page 19 Advertisements
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Advertisement174 2007-01-25 19 iKuriya Set Lunch has everything I from Salad to Main Course to Soup and more to get you through la hectic day. Besides, price starts I from 19.80 only! Choose from I five different fulfilling sets today. I Salmon Teriyaki Set I Sashimi Set I All Set Lunches art served174 words
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Advertisement64 2007-01-25 19 TAKE YOUR OWN SWEET TIME WITH THIS TALL DARK AND HANDSOME MODEL Feast on a lavish spread of European and Asian delights at the ever-popular Euro-Asian Buffet Priced from $28+++ (adult), $17+++ (child) For reservations, please call 6290 8218. PLAZA, foyuXAAo-yi-LG-PANWOYAL ON BEACH ROAD 7500 Bmc* Road Singapore *****1 Td:64 words
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Article9718 2007-01-25 20 SGX MAINBOARD Transaction date: Jan 24 52-9M TH Let Vot Day LatQuot* Ot* GrYW Mat MCan S2*»k t«l Lnffl Vol Oay laflQuoM 04* GrYW MM MC*p High low CixM Company Vale j'0001 High low fciy VeOer Cvr fit jtrA M*gh low Cad* Cowy—i Mi C—> Xg» law bfm9,718 words
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Advertisement46 2007-01-25 20 DEFY TIME CONSTRAINTS AUDEMARS PIQUET LA BOUTIQUE Tel: 6836 4918 AUDEMARS PIQUET (SINGAPORE) PRIVATE LIMITED PINK (3OLD WATCH WITH CENTRE SECONDS AND DATE DISPLAY, EXCLUSIVE SELF-WINDING AUDEMARS PIQUET MOVEMENT. WATER-RESISTANT TO 20 METRES. T#t 6238 6678 Fax; 8238 6676 ALSO available ,n white Goto Internet: http://www.audemarspiguel.com46 words
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Article5993 2007-01-25 21 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In local curr In St In IKS dy yr dy yr dy Ityr Jan 33 Indtm Change Change Change Change Change Change The World index Preliminary 1113 9 02 14 9 0,2 9.8 0.4 19.0 l EAfE Prefomnafy 1125.$ OjQ 15.7 0-2 15.15,993 words
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Advertisement1587 2007-01-25 22 UK CONTINENT SERVICE U.S.A SERVICE Destination Destination STXPOTBN RDM/ATW/BMN/TLB/NAN XU CHANG HAI lAX/VCW/MZL MARY H CAM/NFK/NOL/SAV Loads Singapore, E./W. Malaysia, Indonesia A Loads E./W. Malaysia, Indonesia MIPPLE EAS T SERVICE F.E./S.E.A. SERVICE Destination VANGUARD DBI/ABU/DOH/BRN/DMM/KWT Destination BLUE SKY DBI/ABU/DOH/BRN/DMM/KWT STXPOTBN INC/BSN PAN VOYAGER JDH/DMT/BJA Loads Singapore, E./W. Malaysia, Indonesia Loads1,587 words
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Advertisement438 2007-01-25 22 vftir WALLENIUS WILHELMSEN LOGISTICS website: http://www.2wglobal.com VESSEL VOY RAMP HEIGHT SIN LK MAO ~SAV ML Oftf TARONGA AF 705 320To*i 6.25 M 06/02 12/03 16/03 21/03 19/03 TAMESIS AT7O6 320T0« 6.4 M 15/02 12/03 21/03 2S/03 29/03 27/03 TAMfA AE7O7 4201 ms 6.4 M 21/02 23/03 01/04 05/04 10/04 08/04438 words
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Advertisement1499 2007-01-25 23 WAN HAI INTERNATIONAL PTI LTD at NO; **********0/ I V iupa TEL *****588 (MUNIS) FAX: *****163 l\\ra 1 WAN HAI llNr\ Cuitomer Swvice/Booktagi Mr«t Un# (1S00) *****200 V 11 V llflll lini hi mm k•# PR 1R: (03) *****8(8 FAX: (03) *****2 M PBIHL (04) *****00 ML Y JOH1E:|0n»l»»n«Ut(07)J$ll»J1 9111H:1,499 words
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Advertisement1146 2007-01-25 23 IVISSfL VOY PKL I «N I KARACHI DXB BAB DMM BIK KHOR IRAN BAABAII PCL SIS 6 29/01 30/01 09/03 11/02 12/02 It/02 20/02 22/02 IRAN SATTARI KL 1117 10/02 11/02 20/02 23/02 24/02 02/03 04/03 06/03 [IRAN SHAHRTAR PCL BIBS 16/02 17/02 26/02 01/03 02/03 08/03 10/03 12/03 |vosa1,146 words
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Advertisement100 2007-01-25 23 R T. DJAKARTA LLOYD (PERSERO) l*S» AUSTRALIA FULL CONTAINER SERVICE I va I vot I aw I nw I at I we I stp I MB I mi AM ESPRIT 034$ 21/01 30/01 00/02 11/02 13/02 14/02 RAWAAURA 035$ 04/02 04/02 13/02 11/02 20/02 23/02 ANI WINMRRA 001$ ~***** 27/02100 words
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Advertisement672 2007-01-25 23 m WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS ffssa I W I SIN P BANC ((HOMO K SHtV* COtDMIT" miapbtama mm 2UM 24 mi 27 mi mum 03 fb aams sfias ma JLM ais gta ltffl KOHfaWim YFWM7 M Ft! 07 FB 10 FB672 words
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THE BUSINESS TIMES shipping Times
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5530 2007-01-25 24 ETA ETA Advertiser Vessel Voyage Telephone SM Oesfn Nana Naane NaaHbar Number To ABU DHABI (AUH) 2004 U. A. Emirates 05/02 19/02 SCI EMIRATES WASl 704W *****355 To ADELAIDE (ADL) 2007 Australia 04/02 23/02 China Shpg KAMAKURA 0355 *****898 04/02 23/02 PTDjakarta KAMAKURA 035S5,530 words
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PROPERTY
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Article483 2007-01-25 25 KALPANA RASHIWALA - Over $15,000 psf expected for two ground-floor units By KALPANA RASHIWALA A NEW record price is expected to be set for ground-floor shop space on Orchard Road to the tune of $15,000 psf or more. Cushman Wakefield is marketing 18 freehold strata shop units483 words
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Article190 2007-01-25 25 PARKROYAL on Kitchener Road previously known as the New Park Hotel will undergo a $15 million facelift, bringing it up to the deluxe standard of the group's other properties in Singapore, Malaysia and Myanmar. Renovations to the 530room Parkroyal, which will include all public areas,190 words
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495 2007-01-25 26 KALPANA RASHIWALA - Real estate market will stay robust in 2007, says Jones Lang LaSalle By KALPANA RASHIWALA THIS year will be another bumper time for real estate markets in Asia-Pacific, property consultancy Jones Lang LaSalle (JLL) said yesterday. "Business sentiment remains buoyant, and corporations continue to expand.495 words
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447 2007-01-25 27 Group gearing up to bid for property tender projects of nearly HK$10b [HONG KONG] Cheung Kong (Holdings), Hong Kong's second-largest developer by market value, plans to build up its war chest and put itself in a strong position to compete for447 words
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1607 2007-01-25 27 cSrflJic SS? V TENURE 8UI^ JSE 4 !Ei CTNA PR0P COt/TWO TENURE WIlJ-INAfcA PRJCE PSF PRDKCT NAME/ PROP COMTftACJ TENURE BOD-MAKA PRCE PSf NAME MTE (SQ FT) ($$000) (St) STREET NAME TYPE WE (SOFT) (SS 00CD St) STREET KAMI TYPE1,607 words
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Page 25 Advertisements
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Advertisement295 2007-01-25 25 Ac^: 1 Boon Teck Rd (Off Balestier Rd) i toa payoh Land area: 1360.7 sqm Estate in Fee Simple GPR 2.8/ up to a* 36 storeys' OO 0 Q U J" A >l 5 .V° "fender closing 9 Feb 2007 at 4pm. j j Documents can be collected from: aji295 words
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Advertisement135 2007-01-25 25 Over 500 properties from 2-bedroom apartments, townhousea to ocean front homes are now available EXCLUSIVELY for YOU. "FIND OUT HOW YOU CAN TAKE ADVANTAGE" Date: Sunday, 28th January 2007 Time: 2.00pm 5.00pm Venue: NUSS Guild House Suntec City Level 5 (Lift at corner of Carrefour Hyper-Mart) Limited Seats. CALL 9689-4400135 words
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Advertisement540 2007-01-25 25 REGENT GARDEN (West Coast Road) Q cLEMENTi Freehold residential site Jurong Land area: 75,758 sq ft I Plot ratio 1.4, up to 5-storeys Near to NUS, West Coast Park Iter *V M a *f£«S r 0 and major transport routes I &gk J O CtemriP> 1&1 NUS imWffffiWPffWffWM 1 co*®540 words
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Page 26 Advertisements
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Advertisement222 2007-01-25 26 HH Queenstown Road-London SWB Lanson, Chelsea Bridge Wharf, London, SWB Last Opportunity to purchase elegant studios, Manhattans, 1 2 bedroom apartments at Chelsea Bridge Wharf. Stylish interiors match the magnificent surroundings of Battersea Park and Sloane Square's shops are just across Chelsea Bridge. Residents benefit from a luxury hotel, bar222 words
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Advertisement216 2007-01-25 26 BBBBB3BHHMsaviiis| BELMONT PARK 1 J -Elegantly designed BaHnese house MBv 2-Storey Good Class Bungalow jH| NBi jH Perched on hillside. Greenery views Pristine condition Land area 22,000 sq.ft. (approx.) Floor area -12,000 sq.ft. (approx.) Tenure Freehold HI PRICE ON APPLICATION f ■■F* 1 CORNWALL GARDENS J Brand new house with216 words
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Page 27 Advertisements
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Advertisement195 2007-01-25 27 FOR SALE r No. 217 East Coast Road "Freehold A area: 683.5 sq m (Approx. 7,357 sq ft) X Chufeh CH» frsSSS) F r area: 2,490.1 sq m (Approx. 26,803 sq ft) Yv A\\ Building suitable for commerical/residential use YlO Man l -"cc Stho l Prominent and visible frontage to195 words
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BizIT THE BUSINESS OF INFOCOMM TECHNOLOGY
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Article, Illustration391 2007-01-25 28 WINSTON CHAI - By WINSTON CHAI COMPUTER giant HewlettPackard hopes to secure a spot at the nerve centre of the digital home with a new product which could spell the end of messy sticky notes and fridge magnets. At a media event in Seoul391 words
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Article, Illustration919 2007-01-25 28 AMIT ROY CHOUDHURY - Company reports 51% drop in Q2 FY07 profit partly due to costs related to Maxtor takeover and 30.4% jump in revenue, says AMIT ROY CHOUDHURY AMIT ROY CHOUDHURY SEAGATE Technology, which yesterday reported a 51 per cent fall in net profit in919 words
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Article, Illustration520 2007-01-25 28 ROLAND LIM - ISS will pay RM 17m for Ledge in cash share deal By ROLAND LIM MALAYSIA-based SAP solutions specialist ISS Consulting Solutions Bhd announced yesterday that it intends to acquire Singa-pore-based competitor Ledge Consulting for RMI7 million (557.5 million). Payment comprises 553.57 million in cash and520 words
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Article, Illustration477 2007-01-25 29 WINSTON CHAI - New software lets IT administrators set data flow rules, have oversight over violations By WINSTON CHAI SINGAPORE will be the regional launch pad for an upcoming McAfee software package which promises to plug the most nagging loophole in corporate data security human frailty. Call477 words
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16 2007-01-25 29 Reuters Video in PCs and iPodsReuters - 16 words
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258 2007-01-25 29 Reuters [SHANGHAI] Chinese Internet search leader Baidu has won approval to become an online news portal, government and industry sources said on Tuesday, heating up a rivalry in the world's second-largest Web market. China's State Council Information Office (SCIO), granted Baidu an Internet newsReuters - 258 words
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Page 28 Advertisements
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Advertisement255 2007-01-25 28 Ifflffi |Itff| fTHEIe ISfiOj U NIF IEBi lYAra 111\l[eQMMUNieA^ONsj Elttil SYSrtMjWORTHf x 1 Simply list 3 reasons why you think a Cisco Unified What is your relationship with Cisco? "f ,/;l Communications System will benefit your business I on a separate sheet of paper. Each reason should Who are the255 words
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Advertisement19 2007-01-25 28 MCAFEE PLUGS DATA LEAKS New software lets IT administrators set data flow rules, have oversight over violations, page 2919 words
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Page 29 Advertisements
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Advertisement468 2007-01-25 29 111 111 CISCO i 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,468 words
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BizIT FOCUS
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Article, Illustration977 2007-01-25 30 WINSTON CHAI - To kick-start their move towards ITSM, more and more companies are turning to established best practices, says WINSTON CHAI WINSTON CHAI TECHNOLOGY soothsayers are expecting a bumper crop in the regional technology market this year. As more dollars are splashed on building new977 words
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Page 30 Advertisements
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Advertisement9 2007-01-25 30 This series is brought to you by: m invent9 words
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Advertisement46 2007-01-25 30 Business results. The next big thing in I.T. Good I.T. outcomes don't always equal good business outcomes. That's why HP is helping ClOs turn I.T. on its head with Business Technology Optimization software to run I.T. like a business. Learn how at OptimizeTheOutcome.com I m I46 words
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