The Business Times, 27 January 2007

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Microfilm: NL27140
Total Pages: 20
1 20 The Business Times
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  • Title Section
    Lock icon Masthead
    20 1 The Business Times SINGAPORE 85 cents MICA (P) 202/12/2006 A SINGAPORE PRESS HOLDINGS PUBLICATION 3t http sy?fg January 27-28 2007
    20 words
  • Article, Illustration
    Lock icon SPRING ARRIVES IN SINGAPORE
    78 1 AN auspicious greeting—wan shi ru yi. loosely translated as may your wishes come true welcoming one and all to Chinatown as the area gets dolled up for the official light-up tonight. Spring in Blossom is the theme of this Chinese New Year's decorations. In total. 1,888
    YEN MENG JIIN  -  78 words
  • Article, Illustration
    Lock icon Property sub-sales mostly in narrow belt
    949 1  -  New URA indices also show 25% price jump in prime districts, Downtown Core, Sentosa By KALPANA RASHIWALA [SINGAPORE! Revamped private housing data from URA released yesterday show the highest volume of sub-sales last year was in the prime districts, the Downtown Core including Marina
    Source: URA; Source: URA, HOB  -  949 words
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      26 1 SINGAPOF MOTORING Theveryhot Rirsche Cayenne MORE REPORTS Rents soar to 8-year high HDB resale flat deals dip below 30,000: ERA PAGE 8 Markets Digest Page 2
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      42 1 SCIENCE CITY S'poreGLCsin USs2sb India project MCE 13 v > 4 t 65 Mohamed Sultan Road. Singapore *****3 Tel: 6734 3425.6235 3221 Fax: 6235 3762 Opening Hours: Mon-Sat 10.30 am 7.30pm Sun Public Holidays 1 lam 7pm Email: singapore_sales@lemerciers.com www.l«m»rci«rs.com SINGAPORE MALAYSIA AUSTRALIA
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      19 1 SHOW ME THE MONEY What will it take for the STI to hit 4,000 points? PAGE 6 £2frdHh\d ;.•>•' tWMLi
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      23 1 RAFFLES fj| CONVERSATION W£jj Rolls-Royce CEO Robertson page 3 J fl MM'wiiTOriPr?*•Hir? -J*^M FOOD Ihe truth about molecular gastronomy PAGE 20 £H" K
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  • TOP STORIES
    • Article, Illustration
      Lock icon More women enter S'pore workforce, more men leave
      833 2  -  Stats reflect ageing population, job losses in low-end industry sectors By CHUANG PECK MING [SINGAPORE] More Singaporean women are working as resident employment hits a new high but the same cannot be said for men. Males in the workforce slipped from 78.7
      Source: Report on Labour force in Singapore, 2006  -  833 words
    • Article, Illustration
      Lock icon Thai central bank to ease curbs on hedged loans
      589 2 Bloomberg [BANGKOK] The Bank of Thailand will lift restrictions on foreign currency loans that are hedged for at least a year, governor Tarisa Watanagase said yesterday. Companies investing in Thailand will be exempt from a requirement that 30 per cent of
      Bloomberg; BLOOMBERG  -  589 words
    • Article
      Lock icon MARKETS DIGEST
      140 2 STI 3,087.74 (-20.89) ST INDEX FUTURES 3,088.00 (-21.00) siMsa 375.08 (-2.16) SIMSa FUTURES (-3.10) MARKETS Friday Chang* KICOMP 1.169.89 9.77 NIKKEI 225 17.421.93 -36.37 HANGSENG 20,281.13 -388.70 SET INDEX 657.65 -3X6 JAKARTACOMP 1,759 21 -14.75 MANILA COMP JJ62.82 -112.37 SEOUL COMP 1,371.33 -11.03 SHENZHEN B 501.29 -1.21 MUMBAIIND
      140 words
    • Article
      Lock icon Clarification
      44 2 IN yesterday's report, "$13.60 psf is new benchmark for office rents", we quoted a Savills Singapore report saying rents at Centennial Tower and Millenia Tower were $11.50 per square foot. Savills has clarified that the most recent rental figure is around $13 psf.
      44 words
    • Article, Illustration
      Lock icon SPH NeMedia to distribute ZapCode in Singapore
      408 2  -  By WEE LI-EN [SINGAPORE] Zap a code to get the information you need instantly on your mobile phone that is the new technology which a venture between Singapore Press Holdings (SPH) and Color Zip SEA (CZSEA) promises to bring. Zap Code is a
      DOMINIC WONG/ST  -  408 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      556 2 SMRT Q3 profit rises 35.6% to $40.7m SMRT Corp's net profit for the third quarter ended Dec 31 benefited from increased travel on its trains and buses and a gain on disposal of investments to jump 35.6 per cent to $40.7 million. Other operating income, including several one-off
      556 words
  • Page 2 Advertisements
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      63 2 Over 500 properties from 2-bedroom apartments, townhouses to ocean front homes are now available EXCLUSIVELY for YOU. -IFIND 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 9069-8086
      63 words
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  • RAFFLES CONVERSATION
    • Article, Illustration
      Lock icon In the lap of super luxury
      1720 3  -  Rolls-Royce CEO Ian Robertson tells SAMUEL EE what it means to be head of a hallowed brand that is synonymous with superb engineering and ultra luxury SAMUEL EE THE Rolls-Royce brand has become so successful in its 102year history that it has entered the
      1,720 words
    • Article, Illustration
      Lock icon For the Chinese, waiting adds to the pleasure
      891 3 CHINA has become Rolls-Royce's third biggest market after the US and the UK, and the explosive growth on the mainland is likely to continue for the ultra-luxury brand, according to its chairman and chief executive, lan Robertson. "Luxury brands, by and large,
      FILE PHOTO  -  891 words
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      61 3 Raffle? Hotels Resorts The Raffles Conversation is brought to you through a special arrangement with Raffles Hotels and Resorts. The Traveller's Palm in the Raffles Hotels and Resorts logo is an apt symbol. Not only has water stored at the base of this palm provided sustenance, the leaves rest in
      61 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Chartered Semicon Q4 profit falls 76% to US$6.4m
      766 4  -  By ROLAND LIM SEMICONDUCTOR foundry Chartered Semiconductor Manufacturing yesterday announced a 76 per cent drop in net income for the fourth quarter, citing weaker demand for chips used in consumer electronics. Net income for the period ended Dec 31, 2006, dived to
      FILE PHOTO  -  766 words
    • Article, Illustration
      Lock icon It was not a wholly unexpected correction for the ST Index
      501 4  -  STOCKS R SIVANITHY Senior Correspondent ONLY the most die-hard optimist would have expected the Straits Times Index to continue its recordbreaking run without any resistance, especially after it shot up 73 points on Monday, a rise which brought its
      501 words
    • Article, Illustration
      Lock icon SMRT Q3 profit rises 35% to $40.4m
      467 4  -  Gain largely due to higher train ridership, investment sales By SAMUEL EE SMRT Corp's net profit for the third quarter ended Dec 31 benefited from increased travel on its trains and buses and a gain on disposal of investments to jump 34.9 per
      ARTHUR LEE  -  467 words
    • Article
      Lock icon SunVic Chem of China to raise $40.9m from IPO
      574 5  -  IPO WATCH By JUDITH JACOB SUNVIC Chemical Holdings Ltd, a China-based petrochemicals company, plans to raise $40.9 million in net proceeds from its Singapore initial public offering (IPO) to fund its expansion plans. SunVic, which sells acrylic acid (AA) used in
      574 words
    • Article, Illustration
      Lock icon CCT Q4 income soars 78.6% to $28.2m
      476 5  -  Jump due largely to purchase of Raffles City stake; DPU rises 16% to 2.04¢ By UMA SHANKARI CAPITACOMMERCIAL Trust (CCT), Singapore's second largest property trust by market capitalisation, said that distributable income for the fourth quarter climbed 78.6 per cent to $28.2 million,
      YEN MENG JIIN  -  476 words
    • Article
      Lock icon SIA considers selling properties in Australia
      226 5 Bloomberg SINGAPORE Airlines Ltd (SIA), the world's largest carrier by market value, said it is considering the sale of its properties in Australia to focus on its main business. The Singapore-based company is exploring options to sell properties in Sydney, Melbourne, Brisbane, Adelaide and
      Bloomberg  -  226 words
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      114 4 35,000 nautical miles. 12 cities. 10 months. andfelA *Ok9BHK£P** Keppel will again sponsor Uniquely repeat entry in the Clipper Round the World Yacht Race 2007-08, with the support of the Singapore Tourism Board Come February; let the Uniquely Singapore crew of the 2005-06 race regale you with their tales of
      114 words
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      35 5 SB INFORMATION SESSION Date: 3 February 2007 Venue: Block B, Faculty of Law, NUS Bukit Timah Campus |Hj Time: 11.00 am -12.30pm Please register online at www.ipacademy.com.sg or contact Daniel Tan at 6232 9821 daniel_tan@ipacademy.com.sg
      35 words
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      103 5 XX GRADUATE CERTIFICATE INTELLECTUAL PROPERTY j 'm. LAW 2007/2008 The Graduate Certificate in Intellectual Property Law (GCIP) is a foundation law course for those training to be> Registered patent agents in Singapore In-house IP advisors IP portfolio managers Licensing/technology transfer executives Come join us for the GCIP Information Session which
      103 words
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  • PERSONAL INVESTMENT
    • Article, Illustration
      Lock icon BROKERS' TAKE
      970 6  -  Compiled by UMA SHANKARI Amara Holdings Jan 26 dose: $0,605 BNP PARIBAS, Jan 25 RIDING on the robust property market: Amara Holdings has exposure to various segments of the Singapore property market—hotels, offices, retail and residential. The group has four hotels on its books two in Singapore, one
      Source: Bloomberg  -  970 words
    • Article
      Lock icon BT SHARE INFORMATION SERVICE
      1051 6 For week beginning Jan 22 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS Subuntial luy No of Met SHAREHOLDING Tram Shareholder' Soil Sham Par Mora Aftar Stock Data Director Cam '000 Shr i C000) I'OOO) Friven S Co. 26-Jan-07 First Alverstone Cap Ltd OE 111 tt na *****5 30.00 *****6 32.20
      1,051 words
    • Article, Illustration
      Lock icon 4,000-level for STI? If s not unthinkable
      1129 6  -  SHOW ME THE MONEY TEH HOOI LING Senior Correspondent WHAT would your reaction be if I were to say the Straits Times Index could hit 4,000 points? Ridiculous? Mad? Well, it is not too farfetched an idea. All it takes are a 10
      1,129 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Multi-Chem Q4 net down 35%
      376 7 IT-RELATED Multi-Chem Ltd yesterday said its fourth-quarter earnings were hit by a slowdown in Singapore's manufacturing sector but full-year 2006 saw an improvement, reinforcing its optimism for a better 2007. "If there is no let-up in the electronics demand and no further deterioration of the
      FILE PHOTO  -  376 words
    • Article
      Lock icon Yantai Raffles Shipyard names new director
      122 7 YANTAI Raffles Shipyard, a China-based shipyard founded by Singapore entrepreneur Brian Chang, yesterday said it has appointed Sum Soon Lim to its board of directors, with effect from Jan 24. Mr Sum, 63, will also be chairing its audit committee. Currently, he is chairman
      122 words
    • Article, Illustration
      Lock icon Nidec lowers acquisition target for Brilliant to 53.01 %
      249 7 Nidec lowers acquisition target for Brilliant to 53.01 Reuters [TOKYO] Japan's Nidec Corp will lower its tender offer target for Singapore's Brilliant Manufacturing Ltd to 53.01 per cent from 90 per cent, the world's top maker of precision motors said yesterday. Nidec had said last November it would spend about
      Reuters; FILE PHOTO  -  249 words
    • Article, Illustration
      Lock icon Strong Q4 results seen for Keppel
      683 7 It is forecast to report net profit of S$163.8m on boom in demand for rigs SINGAPORE'S Keppel Corp, which is building more than 40 per cent of the world's new offshore drilling rigs, should post a dou-ble-digit rise in quarterly profit amid a boom
      FILE PHOTO  -  683 words
    • COMPANY BRIEFS
      • Article
        Lock icon Thai operations drag Courts into the red
        114 7 COURTS yesterday said it is expected to go into the red in its third quarter ended December 2006 and post a loss for the full 2006/07 financial year, as losses in the furniture and consumer electronics retail chain's Thai operations continued to drag
        114 words
      • Article
        Lock icon Quill Capital reports RM1.18m net income
        76 7 QUILL Capital Trust, Capita Land's overseas real estate investment trust tie-up with Malaysia's Quill group, yesterday reported a net income of RMI.IB million (*****,548) for the period from Oct 12 to Dec 31, 2006. Total income derived from net rental income and interest came
        76 words
    • Article, Illustration
      Lock icon Brothers Holdings launches China networking platform
      225 7 PROPERTY development group Brothers Holdings yesterday announced a new networking platform for businessmen in China which it will host at its new country club in Shenyang. The club will be built at a new township to be developed by Brothers: Singapore City Shenyang. It
      225 words
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      7 7 m PBMliljje™ World's Finest Virtual Office. ",gB
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      849 7 Cats Notices IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF BEATRICE TRANSPORTATION PTE. LTD. (INCORPORATED IN SINGAPORE) CO REG NO: *****8409R (IN MEMBERS' VOLUNTARY WINDING UP) NOTICE OF SPECIAL RESOLUTIONS At an Extraordinary General Meeting of the Company duly convened and held at 371
      849 words
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  • SINGAPORE NEWS
    • Article
      Lock icon Home, office rents soar to eight-year high
      720 8  -  Q4 2006 private home rents up 14%; office rents up 30.3% year-on-year By ARTHUR SIM RENTS for homes as well as offices have soared in the past year, with the latest official rental index figures showing levels not seen in at least eight
      720 words
    • Article
      Lock icon HDB resale flat deals dip below 30,000: ERA
      498 8  -  By UMA SHANKARI THE number of Housing Board resale flats transacted fell below 30,000 for the first time in a decade in 2006, a move which could indicate homeowners' refusal to part with their assets while the valuations are still under water,
      498 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      6947 8 UNIT TRUSTS FUNDS AIN Antra Asset Mgt (S'pora) Star Europe Eqty 1 1.061/ Star Europe Bond 1.17/ Star Europe M._ 1.225/ Star Asian Tiger Eqty 133V Star Asia Bond 1313/ Star Asia Balanod 1 09# Star Global Technology Fund!** 0.213/ ■uMStFd 0 984/ %ar Asia BonrKUSO) 085V Gfc Mult St
      6,947 words
    • Article
      Lock icon New private air cargo carrier set to take off
      415 9  -  By VEN SREENIVASAN A NEW privately owned cargo airline will take to the skies here by the second quarter of this year. Jett Airlines Cargo started by former Singapore Airlines veteran pilot Louis HK Tan plans to fly between Singapore and
      415 words
    • Article, Illustration
      Lock icon Only 40% have started retirement fund plan: poll
      474 9  -  AIA-SPH survey specifies fund at minimum of 10 times annual salary By SIOW LI SEN NOT surprisingly, well-edu-cated white collar workers and businessmen are a responsible bunch when it comes to providing for family, short-term financial emergencies and medical needs, a poll
      474 words
    • Article, Illustration
      Lock icon TROLLEY DOLLIES
      65 9 THESE girls clad in comfortable pyjamas and pinky shoes were at Raffles Place promoting 'Friday Late Night Shopping'. Singapore shoppers can look forward to more late night shopping on the last Friday of each month. An initiative launched by the Singapore Tourism Board in July last year for
      YEN MENG JIIN  -  65 words
    • Article
      Lock icon UOB, MasterCard launch new card for SMEs
      180 9 UNITED Overseas Bank and MasterCard Singapore have launched the UOB Platinum Business MasterCard, aimed at small and medium enterprises. One of the card's selling points is a 0.3 per cent rebate on monthly purchases. UOB has also collaborated with partners such as Senoko
      180 words
    • Article
      Lock icon Asean e-payment system in the works
      102 9 CONSUMERS will eventually be able to use local ATM cards for transactions across Asean, a group of six regional electronic payment operators announced on Thursday. The group composed of three Indonesian operators, and one each from Singapore, Malaysia and Thailand is meeting in Singapore
      102 words
    • Article
      Lock icon Growth in industrial output slows sharply
      489 9  -  By ANNA TEO GROWTH in industrial output slowed sharply last month, but the 5 per cent increase was still better than the market had expected. And it might just be enough to lead to a marginal upgrade of the fourthquarter and full-year gross domestic
      489 words
    • Article
      Lock icon SINGAPORE ROUNDUP
      238 9 Singapore, Ukraine sign tax agreement SINGAPORE yesterday signed its 61 st Agreement for the Avoidance of Double Taxation and Prevention of Fiscal Evasion with Ukraine. Second Minister for Finance Tharman Shanmugaratnam signed on behalf of Singapore while Mykola Azarov, first vice-prime minister, did so on behalf of Ukraine.
      238 words
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      30 8 I I i^l———wmm^mmm xm HlmlßnS üßn ffMiiKlfin 181 o^l ■|A|TiTfll L^£Mf/Blll■ 2J^K^KIVII■ VByH|AVlfllvi£l^■ IflW AIM I| f I H■ A ifi fll |1w 1 11 I I Ifl WAH ■111
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      59 9 11l I *0o )foo lU&u t*o&jr\ COH I To TJce /UrfkcQt DQ li 7 3(3 3fr CIZH *> proctgs or sbfko«rC.? I 0 6uv CfeM imprwMe p»-f^w*»vcA? I {Zl GSH U'^fi U»* ftlkffmckorJ 1 fltH rdLrt tip# <kw cdfof? K t ,A^ h Lianhe Zaobao I kWhy Hi did I
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  • MALAYSIA
    • Article
      Lock icon Govt to review curbs on foreign investors
      376 10 [KUALA LUMPUR] Malaysia will review curbs on foreign shareholders in the country's state-linked firms. Second Finance Minister Nor Mohamed Yakcop said yesterday. His comments came after the country's biggest listed firm, state-controlled energy utility Tenaga Nasional Bhd, said the government was looking to
      376 words
    • Article, Illustration
      Lock icon Proton shares up 13% on talk of VW tie-up
      366 10 Volkswagen plans to buy 51 of Proton's carmaking unit: report Bloomberg [HONG KONG/KUALA LUMPUR] Shares of Proton Holdings Bhd jumped the most in more than three years on speculation that the unprofitable carmaker will sell a stake to Volkswagen AG. Volkswagen,
      Bloomberg; AP  -  366 words
    • Article
      Lock icon SGX MAINBOARD
      8481 10 Transaction date: Jan 26 52 WV T«l Last Vol Day Lact Quote Dn GrYld Net MCjp High low Code Company Sate COOP) low t»fm Sdhr C» iJ 3.S 1 5716 1st Software 2 susp 8.1 115 6 3148 8Tetecom 9.5 unch 650 9.5 9 9.5 10 4.9 2
      8,481 words
    • Article
      Lock icon Minamas delays IPO to make way for merger plan
      357 10 Reuters [KUALA LUMPUR] Malaysian plantation and property firm Kumpulan Guthrie is delaying the listing of its Minamas Indonesia unit to make way for a merger plan to form the world's largest listed palm oil planter, sources said. Guthrie had told Reuters
      Reuters  -  357 words
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  • INDONESIA
    • Article
      Lock icon SGX
      6150 11 Transaction Date: Jan 26 MOST ACTIVE STOCKS VOLUME VALUE Gen lot! 12S.6S5.000 DBS Grp 229.484.490 UniFiber 122.821.000 UOB 132.194.362 Mediating 114.636.000 Gen Intl 122.457.71S AsiaTiqer 64.763.000 SembMar 100.S00.780 'StarCruises 50.440.000 CapitaLand 91.578. ISO See Hup Seng 44.344.000 Keppel Corp 70.867.900 BanJoo 42.963.000 CitvPev 68.414.570 BBft Hldqs 39.794.000 SingTel 67,665,880
      6,150 words
    • Article, Illustration
      Lock icon Pertamina denies listing plans
      365 11 FT reports Indon state oil firm mulls IPO by end 2008 to improve efficiency Reuters [JAKARTA] Indonesian state oil firm Pertamina has denied a report that it planned a public listing by the end of 2008 to help improve the firm's efficiency. The Financial Times yesterday
      Reuters; BLOOMBERG  -  365 words
    • Article
      Lock icon New bids likely for Natuna Sea gas area
      172 11 Bloomberg [JAKARTA] Indonesia may open a gas-drilling area in the Natuna Sea, north-east of Borneo island, to bidders following the expiry of Exxon Mobil Corp'S contract to develop the reserves, Vice-President Jusuf Kalla said. The government doesn't rule out negotiations with Exxon,
      Bloomberg  -  172 words
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  • GREATER CHINA
    • Article
      Lock icon Industrial Bank raises 16b yuan in Shanghai IPO
      385 12 AFP [SHANGHAI] Industrial Bank raised 16 billion yuan (553.2 billion) for its Shanghai share listing after strong demand saw it set its price at the top of the scale, the Chinese provincial lender said yesterday. The bank, based in south-east China's Fujian
      AFP  -  385 words
    • Article, Illustration
      Lock icon Branson to enter the fray in Macau with US$3b project
      543 12 Virgin negotiating for 20ha site; hotelcasino complex could open by 2010 Reuters Bloomberg [HONG KONG] Richard Branson's Virgin Group is close to securing a 20-hect-are site in Macau to build a US$3 billion casino complex which could add to the
      Reuters; Bloomberg; BLOOMBERG  -  543 words
    • Article
      Lock icon China set to seal private property rights
      236 12 Bloomberg [DAVOS, Switzerland] China will probably approve this year a bill defining private property for the first time, giving individuals and companies more protection for their assets, a top lawmaker said. The legislation, likely to be passed in the March session of the
      Bloomberg  -  236 words
    • Article
      Lock icon News Corp to launch China version of MySpace.com
      251 12 Reuters [SHANGHAI] News Corp is finalising a deal with partners to launch a networking website venture in China within a few months, venture capital and Chinese government sources said yesterday. The deal, if successful, would be a landmark step for News Corp,
      Reuters  -  251 words
    • Article, Illustration
      Lock icon Ronaldo sues China firm for ads using his image
      219 12 AP [SHANGHAI] Soccer star Ronaldo is suing a Chinese drug company for using his image in a television commercial without his authorisation, according to reports yesterday. The ads showing Ronaldo, who is on the verge signing on with AC Milan, were
      AP; REUTERS  -  219 words
    • Article
      Lock icon China seen raising rates as inflation spikes up in Dec
      620 12 Reuters [BEIJING] Chinese inflation is on the rise, cementing the case for another round of increases in interest rates and banks' required reserves in coming months, economists said yesterday. They were taking stock of an unexpectedly sharp acceleration in annual
      Reuters  -  620 words
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  • INDIA
    • Article
      Lock icon S'pore GLCs in India science city venture
      365 13 US$25b Anantapur project to be jointly built by Aussie and S'porea companies Economic Times [HYDERABAD] A state-of-the-art integrated science city will come up in Andhra Pradesh's drought-prone Anantapur district with an investment of US$25 billion over 10 years by a consortium of four
      Economic Times  -  365 words
    • Article
      Lock icon Indian Hotels adds budget, luxury options
      122 13 Reuters [MUMBAI] The Indian Hotels Co Ltd is betting a growth in tourism will boost demand for budget and luxury properties, while also looking to expand on related areas such as convenience foods. The country's top operator and owner of the Taj chain of
      Reuters  -  122 words
    • Article
      Lock icon BURSA MALAYSIA
      2508 13 VOL Jin 26 RM ('OOP) ASM Realty 1.42 0 04 1 Abric Bhd 0.32 0.01 28 Acp Industries 1.S7 -0.05 934 Advance Synergy .027 -0.01 2056 Adventa Bhd 0.86 unch 414 Ae Multi Hldgs 0.38 -0.01 98 Affin Holdings 1.96 0.01 1565 Ahmad Zaki Resou 2.58 -0.02 115
      2,508 words
    • Article, Illustration
      Lock icon Security beefed up for Republic Day celebrations
      473 13 AP [NEW DELHI] Thousands of security personnel, including snipers, were deployed across India's capital and some metro rail services were suspended yesterday to prevent any militant attacks during national day celebrations, officials said. Russian President Vladimir Putin, who arrived on Thursday for a
      AP; AFP  -  473 words
    • Article
      Lock icon Wipro eyes half-a-dozen foreign buys
      426 13 [DAVOS] Information technology major Wipro is looking to acquire about half-a-dozen companies across the globe in the near term. The value of these companies ranges between US$25 million and US$lOO million. Wipro chairman Azim Premji confirmed that the company is in different stages of discussions
      Economic Times  -  426 words
    • Article
      Lock icon Bajaj Auto keen on China market but only if it opens up
      428 13 Reuters [SWITZERLAND] Chinese restrictions on foreign ownership are hindering one of the developing world's largest motorcycle companies from tapping into what could be a lucrative market. Rahul Bajaj, chairman of Bajaj Auto Ltd, says India's second-biggest motorcycle maker
      Reuters  -  428 words
    • Article
      Lock icon IMF warns India about overheating problems
      214 13 AFP [WASHINGTON] The IMF warned on Thursday that India's rapidly growing economy could face overheating problems amid rising inflation, high budget deficit and debt, and potential pressure on asset tyIn an annual review of Asia's fourth-largest economy, the Washington-based fund said India's gross domestic
      AFP  -  214 words
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  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon DP World to boost port operations
      502 14 WORLD ECONOMIC FORUM Chairman says US assets still a draw; sets 3-year growth target of 50% Reuters [DAVOS] State-owned Dubai Ports World plans to boost the number of containers it handles by 50 per cent in the next three years, its chairman Sultan Ahmed
      Reuters  -  502 words
    • Article
      Lock icon NYSE CEO sees Tokyo link-up plan next week
      272 14 Reuters [DAVOS] New York Stock Exchange (NYSE) CEO John Thain said yesterday that plans to link with the Tokyo Stock Exchange would be released next week, but a Euronext-style merger was not on the cards. "Over time it makes sense to have
      Reuters  -  272 words
    • Article, Illustration
      Lock icon No stars please, we've some serious business to do here
      645 14 AP [DAVOS] Business, not Brangelina. Global politics instead of glitterati. Hollywood is on hold this year at the World Economic Forum's annual meeting, as the marathon political and economic brainstorming session returns to its roots of international problem solving. That
      AP; REUTERS  -  645 words
    • Article
      Lock icon Low 0.1% inflation sparks talk of BoJ delaying rate rise
      503 14  -  By ANTHONY ROWLEY in Tokyo JAPAN'S consumer price inflation was a measly 0.1 per cent in December or one half the rate economists had expected, it was reported yesterday, stirring talk the Bank of Japan could again delay a rise
      503 words
    • Article
      Lock icon King approves end of Bangkok martial law
      189 14 Reuters [BANGKOK] Thailand's king approved yesterday the lifting of martial law in Bangkok and nearby provinces two months after the interim government announced the move to deflect international criticism after a Sept 19 coup. However, emergency security laws would remain in 35 of
      Reuters  -  189 words
    • Article
      Lock icon New home sales down 17.3% last year
      388 14 LATEST US DATA Durable goods orders surprise with 3.1% jump in Dec AP Reuters [WASHINGTON] Sales of new homes plunged in 2006 by the largest amount in 16 years as the US housing industry suffered through a sharp contraction after five boom years.
      AP; Reuters  -  388 words
    • Article
      Lock icon Microsoft profit tops forecasts
      464 14 Q2 earnings down 28% after it defers US$1b Vista income Reuters [SEATTLE] Microsoft Corp's quarterly profit beat Wall Street expectations on Thursday, driven by sales of server software and Xbox 360 game consoles, and the company raised its full-year profit target. Shares of the world's largest
      Reuters  -  464 words
    • Article
      Lock icon Vista illegal under EU rules, say rivals
      166 14 Reuters [BRUSSELS] A coalition of rivals yesterday charged that Microsoft Corp's new Vista operating system, due for worldwide release next week, will perpetuate practices found illegal in the European Union nearly three years ago. The European Commission found in 2004 that Microsoft used
      Reuters  -  166 words
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  • MOTORING
    • Article, Illustration
      Lock icon This Cayenne's a hot one
      900 15  -  Cosmetically, two German SUV models appear to have been given a minor facelift to refresh their looks. But SAMUEL EE discovers that one of them has also had major surgery on the inside SAMUEL EE TO SAY the Porsche Cayenne is over-engineered is an understatement.
      900 words
    • Article, Illustration
      Lock icon Sport the difference
      491 15 THERE'S a magic button in the new Porsche Cayenne and it's called "Sport". The Sport button on the lower section of the centre console is new and is located beside the three buttons for the air suspension and Porsche Active Suspension Management (PASM) comfort, normal and sport.
      491 words
    • Article, Illustration
      Lock icon Gem of a makeover
      582 15 THE nice thing about the X 3 is that it is possible to get over its awkward styling. And once it grows on you, that's about the same time that BMW loads it up with even more goodies to increase its attractiveness. When it was first
      582 words
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  • GOLF
    • Article, Illustration
      Lock icon From amateur to professional
      1233 16  -  Some flourish in making that leap while others fail, writes JUSTINE MOSS JUSTINE MOSS LAST weekend saw a pretty familiar golfing scenario: a professional golfer showing form over the first few rounds only to come up short in the final round. r Englishman Justin Rose shared
      AP  -  1,233 words
    • Article, Illustration
      Lock icon Sentosa raises $5m from membership sale
      476 16  -  Reports by VEN SREENIVASAN SENTOSA Golf Club, which recently announced a $20 million upgrade of its championship Serapong course and clubhouse amenities, has successfully raised over $5 million from a membership placement. The 28 memberships were sold at $180,000 each, which is a slight
      FILE PHOTO  -  476 words
    • Article
      Lock icon Rise in club membership prices
      289 16 THE price of golf club memberships appear to be on a steady uptrend, thanks to the "wealth effect" of bigger bonuses and a buoyant stock market. The BT Golf Index hit a six-year high of 160.31 points this months as open market prices of leading
      289 words
  • Page 16 Advertisements
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      Lock icon Page 16 Advertisements Column 1
      187 16 wine&dine withweekendßT Ah Hoi's Kitchen Poolside, Traders Hotel (above TanglinMaU). I TeL *****373 Ah Hoi's hot and delightful Pomfret Steamboat is an excellent meal for two. The Chefs Magnificent 7 menu makes ordering so simple and every dish is a must-try. Pick your favourite live seafood from the fish tanks
      187 words
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      Lock icon Page 16 Advertisements Column 2
      314 16 Zealand Italy, South Africa and France, be sure to discover rising stars from Washington state, Portugal and India. ,-aggigi; i: v I} Raffta Marina lOTuas West Drive. V* *****288 Sink your teeth into crispy butter king prawns Szechuan-style or wok-bked king prawns wrth black pepper. Available for lunch and cftnner
      314 words
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      Lock icon Page 16 Advertisements Column 3
      149 16 Wednesday, $43+++ per person; and Thursday to Saturday, $55+++ per person. Kopi Tiam, S wissotel The Stamford 2 Stamford Road. TeL *****156 Please your tastebuds with a delectabte spread of four exciting fish head dishes such as steamed John snapper fish Nad with spicy Szechuan sauce, at $48+++ each. Pint
      149 words
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  • WELLNESS
    • Article, Illustration
      Lock icon Bid cellulite adieu without going under the knife
      574 17 YET another thing that men don't have, that women in this case unfortunately do, is cellulite. The bumpy skin condition that has been described as orange peel or cottage cheese skin is a problem that about 80 per cent of women will
      574 words
    • Article
      Lock icon Sparkly makeup rocking industry
      691 17 NYT (ATLANTA! Mineral makeup is rocking today. Almost 10 years after the first brand of mineral makeup appeared in drugstores in America, it's become the story of the year. This month, Vogue magazine listed mineral-based makeup as one of 25 new obsessions for 2007. Mineral-based products
      NYT  -  691 words
    • Article, Illustration
      Lock icon This liposuction method holds water
      812 17  -  The quest for a better-looking body has led to treatments like liposuction and anti-cellulite therapies. CHEAH UI-HOON catches up with two plastic surgeons to find out the latest happenings in the body-sculpting industry CHEAH UI-HOON Liposuction is now less traumatising to the tissues and more
      812 words
  • Page 17 Miscellaneous
    • Miscellaneous
      Lock icon Page 17 Miscellaneous Column 1
      191 17 CRYPTIC CROSSWORD DOWN 1 Fed up being in charge it's jn Edinburgh? (6,8) YESTERDAY'S SOLUTION 2 in flatlands of 15 t ard h,S Across: 1 Stacks, 5 Paleface, 9 Ch£T®> Problem? (9) Wallflower, 10 Anna, 11 Streamer. 3 Registered energy forms for 16 Might one get grime off teav- 12Ethnic
      191 words
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  • SHOPPING
    • Article, Illustration
      Lock icon Banking on cocktail dresses to succeed
      653 18  -  CORINNE KERK and CHEAH UI-HOON meet three local designers who are carving their own niche in the retail scene CORINNE KERK and CHEAH UI-HOON IF THE banking industry in 2001 were as hot as it is today, then Tang Ee-Lyn might be poring over
      YEN MENG JIIN  -  653 words
    • Article, Illustration
      Lock icon Floaty fabrics for that feminine look
      405 18 WHILE the casual, street look may be in, there are still times when a woman needs something a bit dressier, even downright floaty or flirty. Locally trained designer Hiroko Ueno offers that look, especially if you want something with a touch of Victorian femininity
      ARTHUR LEE  -  405 words
    • Article, Illustration
      Lock icon In with the old at Deja Vu Vintage
      468 18 IT WAS only in April last year that Kelly Yeo started selling vintage clothing from a pushcart at Far East Square. Then, the modus operandi seemed suited to the ware selling clothes from another era the traditional way in a historic area
      YEN MENG JIIN  -  468 words
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  • PERSONAL SPACE
    • Article, Illustration
      Lock icon Charming home fit to win hearts
      1356 19  -  The Millers' lush residence is the perfect setting for a Valentine's Day soiree to raise funds for the SSO, writes PARVATHI NAYAR PARVATHI NAYAR VALENTINE'S Day typically brings to mind heart-shaped bouquets and bright red hearts on cards. However, Mrs Nancy Miller and Douglas
      PHOTOS: YEN MENG JIIN  -  1,356 words
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  • The Business Times weekend
    • Article, Illustration
      Lock icon It's not science, it's just food
      2274 20  -  Is molecular gastronomy dead? No, it doesn't even exist, say the two chefs who popularised the concept in the first place. JAIME EE finds out more JAIME EE FOR anybody who wants to know anything about where the world's dining trends are headed, the
      VISITBRITAIN  -  2,274 words
    • Article, Illustration
      Lock icon Time to return to the basics: Santamaria
      516 20 SANTI SANTAMARIA Can Fabes "WITHOUT good defaecation, there is no good cooking." And with that pronouncement, three-Michelin-star chef Santi Santamaria made everybody in the auditorium sit up. In the most provocative presentation in the entire four-day programme, the chef of Can Fabes restaurant
      FILE PHOTO  -  516 words
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