The Business Times, 26 March 2007

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Microfilm: NL27343
Total Pages: 30
1 30 The Business Times
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  • Title Section
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    21 1 THE BUSINESS TIMES online at http://business-times.asia 1 .com.sg SINGAPORE 85 cents A SINGAPORE PRESS HOLDINGS PUBLICATION MICA (P) 202/12/2006 Monday/March 26,2007
    21 words
  • Article
    Lock icon IPO market stirring after hiccup in early March
    810 1  -  By MATTHEW PHAN [SINGAPORE! Cautious market sentiment in the wake of February's selldown and subsequent volatility have led issue managers to hold back on listings of initial public offerings, market sources say. The SGX has seen eight IPOs so far this year,
    810 words
  • Article, Illustration
    Lock icon India go-ahead for S'pore banks expected by July
    684 1  -  DBS may open up to 8 branches and UOB, one; State Bank of India to get QFB licence: Indian official By VIKRAM KHANNA [SINGAPORE] By July 1, the final approvals are expected to be given for Singapore banks to expand in India
    ATHUR LEE  -  684 words
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  • TOP STORIES
    • Article
      Lock icon Bintan Lagoon Resort, Gallant units face lawsuit over land
      820 2  -  Indonesian company suing over land that the resort sits on: sources By MICHELLE QUAH {SINGAPORE] The Bintan Lagoon Resort and two Indonesian units of Singa-pore-listed Gallant Venture are said to have become embroiled in a legal spat with another Indonesian company
      820 words
    • Article
      Lock icon Clarification
      46 2 IN the table accompanying the report, "M'sia scraps property gains tax" (BT, March 23), we listed "No property gains tax" as among the incentives of Johor's Iskandar Development Region. The removal of the tax applies to the whole of Malaysia, not just the Iskandar region.
      46 words
    • Article
      Lock icon MARKETS DIGEST
      142 2 MARKETS Week Chge ST1 .3205.83 *137.07 KICOMP 1235.65 +5345 NIKKEI 225 *****.61 -.+736.46 HANG SENG *****.64 +739.14 SET INDEX .677.79 +6.74 JAKARTA COMP .1805.96 +28.07 MANILA COMP ...3170.05 +107.80 TAIPEI TAIEX 7859.32 +139.52 SEOUL COMP *****8 +19.50 SHENZHEN B 507.42 +19.84 AUSTALLORD S933 10-+***** DOW JONES .*****.01 _+370
      142 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      433 2 Lagging public sector pay has to be addressed: headhunters THE big pay gap between government leaders and top earners in the private sector is really a big worry for the public sector, keen to attract and retain talent. "People would leave for even smaller salary increases of 15
      433 words
    • Article, Illustration
      Lock icon Lagging public sector pay has to be addressed: headhunters
      865 3  -  Some also suggest a government employer branding programme By CHUANG PECK MING [SINGAPORE] Many would quit for smaller pay hikes, say compensation experts and headhunters. So the big pay gap between government leaders and top earners in the private sector is
      865 words
    • Article
      Lock icon Controversies surface at S'pore Polo Club
      700 3  -  By CONRAD RAJ [SINGAPORE] Yet another social club in Singapore is embroiled in controversies that haye resulted in several lawsuits flying. The controversies this time are at the Singapore Polo Club, the only venue in the country for a past-time that some regard as
      700 words
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      1246 2 China Sky Chemical Fibre Co., Ltd. I (Incorporated in the Cayman Inlands) I NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Second Annual General Meeting ot CHINA SKY CHEMICAL FIBRE CO., LTD. will be held at River View Hotel Singapore, Orchid Room, Level 2, 382 Havelock Road,
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      32 2 BT ONLINE 6T 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.
      32 words
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      144 2 Your search ends here. In the heart of the city, IN A WORLD OF YOUR OWN. rAvaißßil «hf tpf ■*j* Four Seasons Hotel ffizdanfo Welcome to the stylish, sun-filled sanctuary of Four Seasons. Whether bed breakfast RATES FROM for business or pleasure, enrich your stay with resort-style indulgence: the garden
      144 words
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      117 3 Dfl ■■I 1 B^j iil I j|l '■M' -"^HL ihai v- >*&*_ fMHrt&i irmirst#" -u./,- t a l -\BL' v V-^^^^K|HHHyS^^^^^^Hjj^H| 4^ r /.V- f ßs ''V?*' ,4 aIK v j^iiillßSiiWg-.£*&*. r-, BIWB:.v* > < S&K9NK3? flr w' 1 v IABI >9? ;w *V»r* IMW fa Pi <L^^B^a?*'. »®Sgm 1b
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  • SINGAPORE MARKETS
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      1254 4 P»jan« El Mi Ph NpM b Mki Pay IfiBl—Ms—4m—#fH iatf Mi dn Mu Action Aw i a» 0M% CM% 174% OaFnwtFI Engg I CO! 074% 164% 2SMay M -Evenat* T 100 30% 0*4% 104% OOC > 111 00% Allpraen F 40 tMk) 0M% B*H Omanfty i 10 114%
      1,254 words
    • Article, Illustration
      Lock icon Will it really be business as usual from now on?
      695 4  -  STOCKS R SIVANITHY Senior Correspondent GIVEN that the major indices have now recovered most of the losses sustained at endFebruary and early March, many observers might be tempted to say the worst is over and thus expect business as usual
      695 words
    • Article
      Lock icon Asian currencies mixed against dollar
      420 4 CURRENCIES AFP [HONG KONG] Major Asian currencies ended the week mixed against the US dollar following the Federal Reserve's decision to keep rates unchanged. The Japanese yen lost ground while the Australian dollar was trading at 10-year highs against the greenback on expectations of a
      AFP  -  420 words
    • Article, Illustration
      Lock icon BROKERS' RECOMMENDATIONS
      1846 4 Consensus No.of Forecast Mean Fri's recommendation esti- EPS P€ target price Company name TMswk Lastmth mates (cants) (ratio) price Allco Commercial REIT 1.33 1.33 6 5.06 24.10 1.50 1.21 Allgreen Properties 2.78 2.33 9 6.30 25.73 1.52 1.65 Allied Technologies 2.50 2.00 2 1.30 9.23 0.15 0.12 Ascendas
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  • COMPANY NEWS
    • Article
      Lock icon Chartered to go private next?
      828 5  -  HOCK LOCK SIEW By WONG WEI KONG TEMASEK Holdings' move earlier this month to buy up all of semiconductor test and assembly player STATS ChipPAC while notable in itself holds up another tantalising possibility: could it also be a dress rehearsal for the privatisation of
      828 words
    • Article, Illustration
      Lock icon Smaller players grabbing slice of prime real estate pie
      452 5  -  By YEN SREENIVASAN SO who says only the "big boys" have fun? Last Friday, it was widely reported that Sesdaqlisted Sing Holdings had bought a prime Cairnhill Road property. Sing Holdings, with a market worth of some $97 million, bought its
      FILE PHOTO  -  452 words
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      7 5 WE ARE SERIOUS ABOUT SLEEP ACHING JOINTS
      7 words
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      105 5 Business Class. Promotion Period from 9th to 31st March 2007. Ticket must be issued within 7 days upon confirmation of booking or by 31st March 2007 whichever is earlier Travel Period is from Ist April to 30th September 2007. Tickets are non-reroutable, non-endorsable and applicable on TG 3 digits flights
      105 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Solid gains for all portfolios
      1465 6  -  TEH HOOI LING Senior Correspondent THE bulls are the unequivocal winners of the tussle of wills in the last few weeks. And last week, they were out to celebrate. The Straits Times Index surged 137 points or 4.5 per cent in the week ended March
      1,465 words
    • Article, Illustration
      Lock icon Insider buying down again, selling surges
      1371 6  -  INSIDE MARKETS By ROBERT HALILI INSIDER buying fell for the second straight week with only 19 companies that recorded 34 director and substantial shareholder acquisitions worth $72.6 million for the week of March 19-23. The number of firms and purchases were down from the
      1,371 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Alantac aims to move up value chain
      623 7  -  It will also manage cost to grow gross margins further By OH BOON PING PRECISION machining and assembly firm Alantac Technology, which turned its business around last year, says it will now grow its gross margins further by moving up the value chain
      623 words
    • Article
      Lock icon Sembawang to build villas in Bahrain
      289 7  -  By CONRAD RAJ SEMBAWANG Engineers Constructors (Sembawang), formerly a subsidiary of SembCorp Industries and now a member of India's Punj Lloyd Group, has entered into a $100 million deal to build 325 villas in Bahrain. The company said that its Middle East subsidiary has
      289 words
    • Article
      Lock icon GuocoLand acquires East Coast conao
      293 7  -  By CHEN HUIFEN MALAYSIAN tycoon Quek Leng Chan's GuocoLand has acquired Palm Beach Garden condominium, a freehold site in the East Coast area, for $75 million through a collective purchase. The acquisition price works out to about $500 psf per plot ratio, after taking into
      293 words
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      17 7 I 10 6438 2297 1 2nd Floor, 31 Club Street, Singapore *****8 I snge>newconceptmandarin.com I S i
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      54 7 Conforanc* Detatii M3MU4iK> Mtifeh 2007 H Wm Port Canning Park H g||ingapofel7BBBl Fee Complementary Bridging Partnerships between Korea and Singapore Jointly Organised by INTERNATIONAL IT A Kptra BUSINESS 11ZZSS Korea federation INTERNATIONAL 7 Singapore Locution Supported by Strategic Partner f 4* "I smaii Butinsss Standard ICR Singapore %^J< "Sttja corporrton
      54 words
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  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon Into the thick of action
      1482 8 THIS WEEK'S TOPIC Does Singapore have what it takes to be a major sports hub? What more can be done? George Wong Managing Director, Asean BEA Systems SINGAPORE has made a lot of headway in sports in the past five years, thanks to strong government
      1,482 words
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      170 8 service levels high. 44 Hiring older workers in the call f ■Ml mMM patience and maturity, they are better gjjT Mr j able to engage customers. Results? W JHK: 1 7776 customer satisfaction level A j I I IK I |t I Alf P 9 y y I SHggM Mr
      170 words
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  • DINING OUT
    • Article, Illustration
      Lock icon Still in a class of their own
      1458 10 NEW MENU Saint Pierre #01-01 Central Mall, 3 Magazine Road. Tel: 6438-0887 SPRING is in the air, and on the menu at many fine-dining establishments around town. In the culinary sense at least, Singapore is not much different from countries where winter coats
      1,458 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon ABN Amro aims to be a top five SME bank
      954 11  -  It targets at least 20% share of top-tier SME market by 2010 By NANDE KHIN IT may be one of the smaller players in the small and medium-sized (SME) banking scene here for now, but ABN Amro is keen to
      ARTHUR LEE  -  954 words
    • Article, Illustration
      Lock icon Lippo sells 85% of Trillium; half of buyers are Indons
      416 11  -  By KALPANA RASHIWALA LIPPO has sold 85 per cent of its 231-unit condo The Trillium, opposite Great World City, during a private preview, achieving an average price in excess of $1,700 psf and has decided to stop sales for now
      416 words
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      42 11 YOUR TRUSTED i PAYROLL SPECIALISTS For Secured, Hassle-Free and Timely payroll Call 6-*****68 now Stone Forest Accountserve Member, RSM International Stone Forest Accountserve Pte 18 Cross Street. *08-01. Marsh McLennan Centre. Singapore *****3 Main (65) 6533 7600 Fax (65)*****877 accounts9stoneforest.com.sg www.StoneForestAccounts.com.sg RSM
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      351 11 Attractive Low Fares "USA! *$838! Fly ANA's daily morning flight from Singapore to USA (via Narita) and enjoy true value. Not only is transit time reduced significantly, prices are slashed to give you more value for your money. ANA now has two daily flights departing from Singapore to Tokyo, giving
      351 words
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • Article, Illustration
      Lock icon Safe haven investments
      747 12  -  Bonds can be important risk diversifiers in portfolios consisting mainly of equities,properties and bank deposits. DANIEL BUENAS reports DANIEL BUENAS LAST week, we took a look at short selling stock. This week, we look at an asset group which has often been seen as having an inverse
      JENNIFER CHUA  -  747 words
    • Article, Illustration
      Lock icon Fun with forex and finance
      741 12  -  CAMPUS LIFE A CBD forex contest-cum-financial trishaw race gets good response, writes JASON LOW JASON LOW FOREIGN exchange trading may not be a very popular form of investment compared to equities among young investors today, but that may be set to change judging from the
      741 words
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      251 12 Be smart with your finances 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 fmancial textbook. To complement our editorial content, we have
      251 words
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      626 13 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
      626 words
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  • ECONOMY WATCH
    • Article
      Lock icon Credit boom 'stretching' global banks
      429 14 Bloomberg (LONDON) The highest rate of lending since the eve of the Asian crisis in 1997 is "stretching" banking systems worldwide, according to Fitch Ratings. Credit growth is running at an 11 per cent pace, making banking systems vulnerable to an increase in bad debts,
      Bloomberg  -  429 words
    • Article, Illustration
      Lock icon EU faces year-end deadline to draft new constitution
      448 14 Bloomberg, AP [BERLIN] European Union governments face an end-of-year deadline to draft a new EU constitution or risk prolonging decision-mak-ing paralysis into the next decade, leaders said after signing a declaration yesterday at the EU's 50th anniversary celebration. German Chancellor Angela Merkel,
      Bloomberg,; AP; REUTERS  -  448 words
    • Article, Illustration
      Lock icon Thai economy still strong, says IMF
      394 14 Reuters [WASHINGTON] Thailand's economic fundamentals are strong and growth could eventually reach its potential of about 6 per cent if the government is able to restore investor sentiment and political stability after a coup last year, the International Monetary Fund said on Friday. In
      Reuters; AFP  -  394 words
    • Article
      Lock icon S'pore hosts meet to speed Asia bond market growth
      518 14  -  ADB conference in April to focus on clearing and settlement issues By ANTHONY ROWLEY in Manila SINGAPORE will play host next month to an Asian Development Bank conference that is expected to take development of Asia's US$2.B trillion bond markets a
      518 words
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      1787 14 CATS NOTICES NOTICE OF ANNUAL GENERAL MEETING NO!let IS HtttßY WVtN [HA! the Annual General Meeting ol A2IECH SYSIEMS UO will be (c) in this Resotution:hekl at 31 Ul* Road 1, A/tech Building, Singapore *****4 on Tuesday, April 10, 2007 at 10 00 am for the following purposes: "Prescribed limit"
      1,787 words
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      411 14 IN THE MATTER OF THE COMPANIES ACT (CAP. 50) AND IN THE MATTER OF EASTERN CARGO-GEAR SUPPLY PRIVATE LIMITED (IN MEMBERS' VOLUNTARY LIQUIDATION) (Coapuy Registration No. *****M74M) NOTICE IS HEREBY GIVEN thai at an Extraordinary General Meeting of the members of Eastern Cargo-Gear Supply Private Limited, duly convened and held
      411 words
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      167 14 KmH m A I 111 I 19X9 II H■ I Jt. ,IIIk 1 I k I .At »k ThaLjMdkng G»ot>* Inrtw""" This highly rewarding 10 months business mentoring program has enabled many ordinary people wrth no business experience to earn $10,000 monthly just by ra» recruiting 5 students. Now, you
      167 words
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  • MALAYSIA
    • Article, Illustration
      Lock icon Drawing investments the hard way
      681 15  -  MALAYSIA INSIGHT Malaysia could have been less generous with its tax holidays if there were less talk of special privileges PAULINE NG KL Correspondent IN AN orchestrated move to drum up investor interest in the country, Malaysia has freed up more of its forex rules,
      681 words
    • Article
      Lock icon KL hosts international Islamic finance forum
      607 15 It aims to highlight country's business opportunities [KUALA LUMPUR] Central bank governors from Iran to Saudi Arabia are to attend Malaysia's first international Islamic finance forum this week as the nation works to cement its future as an Islamic financial hub. The four-day Global
      607 words
    • Article
      Lock icon US rules out fast-track trade pact with Malaysia
      474 15 But both to go ahead with talks: US spokesman AFP [WASHINGTON] The US government has ruled out securing a free-trade agreement (FTA) with Malaysia before President George W Bush loses his "fast-track" trade authority in three months. "We made clear to the
      AFP  -  474 words
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      195 15 Scaling New Heights with The World's Finest Commodities Phillip Futures a ff variety of commodity futures products ranging from Energy, Metals to Agricultures. As one 9* 9 service and timely order For more details, visit www.phillipfutures.com.sg or SMS PFPL<space>Name<space>Age<space>Enquiry to ******. 'Powered by Macro Kiosk Pte Ltd Brought to you
      195 words
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon Special economic zones to stay: Indian PM
      352 16 AFP [NEW DELHI] Indian Prime Minister Manmohan Singh said on Friday that his government would not reverse plans to create "special economic zones" for industrialisation despite deadly riots. "SEZ as an instrument of economic policy has come to stay," said the prime minister,
      AFP; BLOOMBERG  -  352 words
    • Article
      Lock icon HK may introduce minimum wage
      521 16  -  Voluntary measure fails to get bosses to pay decent rates By JANE MOIR in Hong Kong POLICY-MAKERS in Hong Kong are under renewed pressure to introduce a minimum wage level after an attempt to make companies voluntarily adhere to decent salary structures has failed to
      521 words
    • Article
      Lock icon China creates new regional banks
      629 16 ANALYSIS Foreign banks eyeing them; DBS, ABN Amro said to have looked at one such bank in Anhui province Reuters [BEIJING/SHANGHAI] A FLURRY of bank mergers across China is set to create a new tier of regional lenders, offering new investment opportunities for foreigners eager
      Reuters  -  629 words
    • BRIEFLY ASIA
      • Article
        Lock icon Shanghai's top official is Jiang's ally
        95 16 Reuters [SHANGHAI/BEIJING] A political ally of former Chinese President Jiang Zemin has been named Shanghai's top official, in a sign of the retired leader's lingering influence. The appointment of Xi Jinping as Shanghai Communist Party secretary, announced by the official Xinhua news agency, is
        Reuters  -  95 words
      • Article
        Lock icon China set to be top carbon emitter
        135 16 Reuters [BEIJING/LONDON] China is on course to overtake the United States this year as the world's biggest carbon emitter, estimates based on Chinese energy data show, potentially pressuring Beijing to take more action on climate change. China's emissions rose by some 10 per
        Reuters  -  135 words
      • Article
        Lock icon Proton to retain brand name: Abdullah
        127 16 AFP [KUALA LUMPUR] The brand name of "Proton", Malaysia's ailing national carmaker, will not be wiped out amid negotiations on a possible merger with foreign partners, Prime Minister Abdullah Ahmad Badawi said. "We cannot decide to forget the name Proton and to allow it
        AFP  -  127 words
      • Article
        Lock icon China starts drilling oil, gas well
        84 16 AFP [BEIJING] Energy-hungry China has started drilling what it says will be Asia's deepest oil and gas well, state media said yesterday. State-owned Sinopec plans for the Chuanke No 1 Well in south-west Sichuan province to reach a depth of 8,875 metres more than
        AFP  -  84 words
    • Article, Illustration
      Lock icon Hu Jintao endorses property law
      220 16 AFP [BEIJING] Chinese President Hu Jintao has hailed a new law protecting private property as a boon to the legal system, state media said yesterday, in the highestlevel endorsement yet of the controversial legislation. "It is an important step forward for the formation of a
      AFP  -  220 words
    • Article, Illustration
      Lock icon HK re-elects Tsang as chief executive
      515 16 Election panel votes 649-123 to keep him in office for another term Reuters, AP [HONG KONG] Donald Tsang, a veteran civil servant and favourite of Hong Kong's one-time colonial masters, won a second term yesterday, but now faces the delicate task of satisfying both
      Reuters,; AP  -  515 words
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      82 16 BMTs Provident TRUST BRITISH AND MALAYAN TRUSTIES LIMITED Mk "A prudent financial resource for your family members Start up a trust from as Other Services: For more information low as $50,000 t gM Products Lee Chiwi rW Flexibility in adding Wills and Will Custody cwlee9bmtrust.com aSSetS -Appointment as Linda Ho
      82 words
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  • MIDDLE EAST
    • Article, Illustration
      Lock icon Iran rejects UN vote on arms, financial sanctions
      695 17 Major powers behind UN resolution offer fresh talks Reuters [UNITED NATIONS] Iran has rejected a repeated demand by the UN Security Council to suspend uranium enrichment work after the 15-nation body imposed arms and financial sanctions on Teheran. At the same time,
      Reuters; PHOTOS: AP  -  695 words
    • Article
      Lock icon Kuwait's MTC makes highest bid for Saudi licence
      475 17 Reuters [RIYADH] A consortium led by Kuwait's Mobile Telecommunications Co (MTC) made the highest bid for Saudi Arabia's third mobile telephone licence on Saturday, offering 22.91 billion riyals (559.2 billion). The Saudi telecom regulator said after announcing the bids that the winner
      Reuters  -  475 words
    • Article
      Lock icon Dubai Int'l Financial Centre plans US$2b in '07 acquisitions
      257 17 Reuters. Bloomberg [DUBAI] The Dubai International Financial Centre (DIFC), a major regional offshore financial services hub. said on Sunday it planned to spend more than US$2 billion on acquisitions this year, including a stake in a Western European financial services company.
      Reuters.; Bloomberg  -  257 words
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      120 17 Diners Club Card r o <w*ca#64i6o9Bo A World of Exclusive Privileges Treats Diners Club Gourmands have described the succulent With from the sea. Take this opportunity to KrGQIinQGT, PjpGTS Bl"OOk submerse yourself in the taste of imported Ninth Island South African Abalone stewed with sea ■hbhm Chang Feng Ji HHH
      120 words
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      31 17 HE Radio 91.3 is managed by SPH Unionworks, a subsidiary of Singapore Press Holdings IrFWI Lianhe Zaobao l l I dragonl I stocks I I aSJß»ffikWzi=9l«#lS I B ?»Tw>iii>iinio|pT]WgnitiT>yT>lCT>j H ■IHD^QElfliHiUDaljnXl^^^^^u^QsHHl
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  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon Barclays-ABN talks could spark more tie-ups
      705 18 Recent hedge fund activism in Europe puts pressure on banks to merge AP [LONDON] In the snow-cov-ered mountains of Davos, Switzerland, top executives of Barclays, the British bank, and ABN Amro, a Dutch rival, ran into each other at the World Economic Forum in
      AP  -  705 words
    • Article
      Lock icon STOCKS ASIA
      2873 18 Transaction date: Mar23 For a full listing of the closing prices, log on to BT Online at http://business-times.asia1 .com.sg after 11.30pm every trading day HONG KONG v.i HO *1- 'OOP Aeon Credit .6.80 unch 8 Aeon Stores .9.00 0.13 0 Angang Steel 1224 0 38 5343 Anhui Conch
      2,873 words
    • Article
      Lock icon Sino-Forest to sell new shares to Temasek
      171 18 Bloomberg [TORONTO] Sino-Forest Corp, a Canadian lumber producer operating in China, plans to raise US$2OO million to buy timberland in the Asian country by selling new shares, mostly to the government of Singapore. The company will sell 26 million shares to help fund
      Bloomberg  -  171 words
    • Article
      Lock icon UK builders Wimpey, Woodrow to merge: papers
      171 18 Reuters [LONDON] British housebuilders George Wimpey and Taylor Woodrow are in advanced merger talks and plan to announce a £5 billion (5514.8 billion) deal today, British newspapers reported yesterday. Citing no sources, the newspapers said that the two firms, with a market value
      Reuters  -  171 words
    • Article, Illustration
      Lock icon Japan quake kills one, hurts 170
      389 18 The magnitude-6.9 quake in Ishikawa damages buildings AP. Bloomberg [TOKYO] A powerful earthquake struck Japan yesterday, killing at least one person and injuring 170 others as it damaged buildings and triggered a small tsunami along the coast, officials said. The magnitude-6.9 quake struck at
      AP.; Bloomberg; AP  -  389 words
    • Article
      Lock icon Arcelor Mittal not pursuing Posco
      226 18 Bloomberg [LONDON] Arcelor Mittal, the world's largest steel company, won't pursue a takeover of South Korea's Posco and plans to focus on smaller transactions, chief financial officer Aditya Mittal said. "We are friendly with Posco, and we're working with them to further alliances in technology
      Bloomberg  -  226 words
    • Article
      Lock icon Harrah's unhappy about UK tax hike on casinos
      339 18 Reuters [NEW YORK] Harrah's Entertainment Inc, one of the US casino giants likely to bid on a contract to run Britain's first "supercasino", on Friday criticised UK plans to raise taxes on large casinos. The world's largest casino operator in the process
      Reuters  -  339 words
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  • WORLD
    • Article
      Lock icon Can US stocks keep rally going into Q2?
      983 19  -  WALL STREET INSIGHT Investors keeping their focus on Fedspeak and data for answers By ANDREW MARKS in New York CAN major US stock indexes their ships righted in the past week by a rally that saw shares gain more than three per
      983 words
    • Article, Illustration
      Lock icon Equity and currency markets set for a divorce?
      710 19 Reuters [NEW YORK] Currency markets have been taking an unusual cue for their trades of late stock prices, but the correlation may already be breaking down. The Japanese yen and Swiss franc first rallied as stocks sold off in the past month,
      Reuters; REUTERS  -  710 words
    • Article
      Lock icon Untitled
      516 19 STRAITS TIMES INDEX STOCKS Stack nam* MR Oom Chang* Allgrwn 0.53 1.650 *0.030 Ascendasreit 0 89 2.320 -0.010 CapitaComm 0.62 2.870 -0.050 CaprtaLand 5 30 7.750 CapitaMall 1.02 3.680 -0.040 Chart SemiCond 0.80 1.410 -0.050 CrtyOcv 2J8 14.200 -0.100 ComfoftDelGro 1.39 1.880 -0.020 CoacoGyp 1.00 2.880 -0.030 Creative Tech 0.26
      516 words
    • Article
      Lock icon Porsche raises stake in VW, forcing a takeover offer
      515 19 Both companies have deep historical links NYT [BERLIN] The German sports-car maker Porsche said on Saturday that it would make a takeover bid for Volkswagen, Europe's largest carmaker and the inventor of the once-übiqui-tous Beetle. Porsche plans to lift its stake
      NYT  -  515 words
    • Article
      Lock icon Three teams lining up bids for Chrysler this week: report
      319 19 AP. LAT-WP [LONDON] Germany's DaimlerChrysler is likely to receive three bids for its struggling Chrysler unit this week, the Financial Times reported on Saturday. JPMorgan Chase Co, Daimler's adviser, asked for initial offers that include a price and business plan
      AP.; LAT-WP  -  319 words
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      4776 20 CATS NOTICES (3) unisteel UNISTEEL TECHNOLOGY LIMITED (Registration No: *****3350 D) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Unisteel Technology Limited will be held at the Registered Office, No. 33 Loyang Crescent, Loyang Industrial Estate, Singapore *****4 on Wednesday, 18 April 2007
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      358 20 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF FRESH FONT MANUFACTURING SUPPLIES PTE LTD (In Members' Voluntary LkfuMttfon) Company's Registration Number:*****0482 C At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 101 A Upper Cross Street, #11 -22 People's
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      940 20 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF LEIQHTON INVESTMENTS SINGAPORE PTE. LIMITED (IN MEMBERS' VOLUNTARY UQUPATK)N) (Company Registration No. *****0001 D) NOTICE OF FINAL MEETING Notice is hereby given that pursuant to Section 308 of the Companies Act, Chapter 50, the Final Meeting
      940 words
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  • SHIPPING/AVIATION
    • Article
      Lock icon Time to rethink CAAS privatisation
      793 21  -  COMMENTARY In a globalised world where cross-border mergers and tie-ups are critical for corporate growth and survival, if s the only viable solution By VEN SREENIVASAN RECENTLY, the Centre for Asia Pacific Aviation (Capa) warned that Changi Airport's traffic growth could plateau as global business
      793 words
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      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2248 21 CITY HJCMT fTA HJCWT iTP AMIPIMM 5Q455 1230 MMl IM9771 1750 LH9770 2345 SQ26> 1750 5Q269 2345 AmMM L***** 0(30 AZ3993 2245 S0323 0630 KL838 2245 AZ3992 1555 *****2 2345 KL137 1555 SQ324 2345 A4W 5Q348 0100 Atlanta AC5202 2335 AC5203 0645 UA895 2335 UA896 0645
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      Lock icon Women execs liven up industry bash
      240 21  -  By BENITA AW YEONG [SINGAPORE] Commonly perceived as stodgy and male-dominated, the shipping industry made heads turn last Thursday when young female executives showed up in force at the Singapore Shipping Association (SSA) Young Executive Group's (YEG) first anniversary bash. Held at the Bellini
      240 words
    • New chief executive officer to helm Silk Air
    • Article
      Lock icon Thailand reopens old Bangkok airport
      494 21 It handles domestic flights as new hub undergoes repairs AP [BANGKOK] Bangkok's old airport, Don Muang. reopened yesterday to help ease congestion at the city's troubled new international airport as its taxiways and main terminal undergo repairs. Don Muang will handle about 140 flights daily,
      AP  -  494 words
  • Page 21 Miscellaneous
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      405 21 CRYPTIC CROSSWORD 5 They may have needed to be 8~~ ~THB iHB alarmed (6) 1 I I 8 A Greek character always a sue- —MM cessful person (8) ***** 9 At the cave he had a couple of MM scores to settle! (3,4) 10 Like the sky and sea to
      405 words
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  • Article
    Lock icon SINGAPORE STOCKS
    11852 22 SGX MAINBOARD Week ended: Mar 23 S2-Wk T«i Last Vol KM Last Quote Div GrYld Not MCap High Low Codo Company Salt C000) Wgh Low fciyr Sallof Cvr M SmM 3 S I 5716 1st Software J susp 11 11 5 6 3148 STelecom IS -1 6163 10.S
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      35 22 Ttade from 20% deposit (5 x leverage) on most stocks Go long or short Competitive financing rates in aH markets Access to Asian, US, Euro stocks Select Exchange Ttaded Funds and Indices Competitive Commission charges
      35 words
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  • Article
    Lock icon FINANCE & COMMODITIES
    6817 23 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In local curt In SS hi USS dy yr dy Syr dy %yr Mar 23 Index Change Change Change Change Change Change Worid Index Preliminary 1128.5 0.3 2.5 0.1 1.8 0.1 2.9 t EAFE Preliminary ***** 0.4 3.4 0.1 3.1 0.1 4.2 Europe
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      881 24 UK COMTIMEMT SERVICE U.B.A SERVICE Destination Destination YORDAN LUTIBRODSK RDM/ATW/BMN/TLB/NAN AURORA SAPPHIRE CAM/NFK/NOL/SAV Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE F.E./S.E.A. SERVICE Destination Destination DD MASTER DBI/ABU/DOH/BRN/DMM/KWT \c\/~ TI I puu IKI^~/dcm PAN BRIGHT DBI/ABU/DOH/BRN/DMM/KWT QUOC TU GIAM INC/BSN PAN DYNAMIC ADN/JDH/BJA VOYAGER V DBI/ABU/DOH/BRN/DMM/KWT Loads
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      4 24 PLACE YOUR AD HERE
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      1400 24 IINTERAStA RORO SBtVICE VKsa/yor rampqct) hbghtw pkg kch m si jkt STUm EXPRESS 7 30 4.0 01/04 05/04 08/04 10/04 STUITS EXPRESSI 30 4.0 IS/04 19/04 22/04 24/04 laustrauan roro SBEVICE 1 VBSa/VDY RAMPtKT) HBGHTtM) 1 IP I SW I Ml STD MB API W positive leader/000 too 5.0 04-04/03
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      1421 25 WAN HAI INTERNATIONAL PH LTD a NOt **********0/R TTr,\ ltfl ft ii imp* TIL *****5 M (14 LINES) FA&*****163 Vv4 WAN HAI NFS Ik. (1800)*****200 Y A '»nil lini LI Ilk*/ 10.TH:(03) 134tmtMX: **********MHHHL(04)*****00FAX:(04)22fM99 X WHlfc(D7)2SlftJJ(Wt|#7)2SllBI Silt II: (031) 32t5475 FAL-1031) *****14/*****05 www wonhai com so *i*:Wi)sWi«ifM:«))Sß«i»runß;7i*«o/7i«i hutust* 8 WHmt1)*****Cm:(061)*****25/414W09
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      1271 25 IT2H, EASTERN CAR LINER, LTD |f 1 SPECIALIZE IN ROUP 4 HEAVY LIFT UfTO 450 TONS EBEBffiHHI_VOI SIN rut I PNW 1 jrr iw I lq ifc BWTMIMM vor MO) LtfthfOm I SMGAPOt! CU Y«i CTG HU I BTHtIIA tTtHHA 131 lb fll/H 877H 1 I KM™ 12 so M/P4
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      739 25 WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICO POINTS rasa ww sw nunc coumto usheya Icouhho M»1 ma 21 w» Mm 2s mi hum mut mm m vm nm i\m wow o»v» HOTAfBIANA THOSS 03 Art 04 Art 07tft I II Art I IS Art usotawmt
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  • THE BUSINESS TIMES SHIPPING TIMES
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      Lock icon THE BUSINESS TIMES SHIPPING GUIDE EXPORT
      6360 26 ETA ETA Advertiser Vessel Voyage Telephone SIN Dtsfn Nunc nmf Muinbtf Nuvnbtr To ABIDJAN (ABJ) 2003 Cote D'lvoire 06/04 17/05 Ddmas EUSA DELMAS 716W *****344 16/04 17/05 Mmas DELMAS BAUDIN 717W *****344 To ABU DHABI (AUH) 2004 U. A. Emirates 03/04 17/04 SCI SCIDIYA
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      1181 26 Tel umy navigation n'owl I (uNa 1,70 > ySa^ tUJLUIfIIHHH OWNS A OPERATES THE youngest FLEET Wmi -m 8 W/l\ Sii fiii —iftw— ffISH twelve deckers I VESSEL VOY PKL SIN KARACHI DXB BAB DMM BIK KHOR mukk TOS H7® «753 fU. IMTAN OTS M7M TT7H 1 I CO V
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  • BizIT
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      Lock icon OCBC wins Asian Banker award for IT achievements
      394 28  -  By PAMELA CHEW OCBC Bank's efforts to add innovation and convenience across its customer banking channels have won it the Best Multi-Channel Capability Award in the inaugural The Asian Banker IT Implementation Awards 2006. The awards programme recognises best practices among Asia-Pacific
      394 words
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      Lock icon Sexy new sound
      841 28  -  <cool stuff> Samsung's slimmest model yet, the K3 MP3 packs more than just good looks, says LEE KIM SIANG LEE KIM SIANG IF YOU were of the opinion that Samsung's K5 MP3 player was a tad bulky with its slide-out speakers, then the K3 will surely put
      841 words
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      Lock icon Local BPO to grow 17% this year
      746 29  -  Manufacturing, high-tech sectors lead in adoption, writes AMIT ROY CHOUDHURY AMIT ROY CHOUDHURY THE Singapore business process outsourcing (BPO) market is expected to grow by 14 per cent this year to U*****.4 million, with the human resource (HR) BPO contributing 44 per cent
      Source: IDC  -  746 words
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      Lock icon AT&T expands support operations here
      333 29  -  By WINSTON CHAI US TELECOMMUNICATIONS giant AT&T is set to continue its local hiring spree as Singapore takes on a greater role in its worldwide customer support network. The company will increase the number of support staff here by more than 50 per cent in
      333 words
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      Lock icon <what's up>
      660 29  - &lt;what's up&gt; Compiled by WINSTON CHAI RSA names new VP for sales RSA, the security division of storage giant EMC. has appointed Geoff Haydon as its vice president of sales for its operations in the Asia-Pacific region. Based in Singapore, he will be responsible for growing the company's regional sales
      660 words
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      Lock icon Local IT leaders lauded at awards
      457 29  -  By ROLAND LIM THE eleventh IT Leader Awards, awarded last Friday by Singapore Computer Society (SCS), saw local IT luminaries honoured for their contributions to the infocomm industry. SCS, which is a leading infocomm industry body with over 23,000 members, awarded the Person of
      SHAHRIYA YAHAYA/THE STRAITS TIMES  -  457 words
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      Lock icon Borland sets up quality centre in Singapore
      494 29  -  By AMIT ROY CHOUDHURY BORLAND Software Corporation, a leader in open application lifecycle management (ALM), last week raised its stake in Singapore when it opened an Enterprise Quality Centre (EQC) here. Rick Jackson, chief marketing officer for Borland Software, said the centre was
      494 words
    • Article
      Lock icon SingTel targets smaller SMBs with office 360
      295 30  -  Features include unlimited broadband and calls for five mobile lines By ROLAND LIM HOT on the heels of its Enterprise36o managed communications solution for larger SMBs launched earlier this month. Sing Tel today unveiled launch plans for its Office36o solution suite that will
      295 words
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      Lock icon No one left behind, with NEC solutions
      1164 30 The Special Feature is brought to you by NEC ENSURING that no passenger is left behind when a cruise ship sails, is one of the many diverse applications of the hot, new RFID (Radio Frequency Identification) technology that NEC Solutions Asia Pacific (NECSAP)
      1,164 words
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      Lock icon Unisys APac eyes US$1b orders by 2008
      585 30  -  It plans to focus on its BPO business and boost staff numbers in the region, reports ROLAND LIM ROLAND LIM WHILE its cost-reduction activities are still ongoing, IT services firm Unisys has started to get back in the black and its Asia-Pacific arm
      585 words
  • Page 28 Advertisements
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      54 28 J-' «t fWT r"" i\ V r „7« r jf "7 t A» it* '-♦V' i*f l 7 %•&gt;• V&gt; &lt;&lt; 1 '_r Get ink-to the creative elite and make your mark at the 3 rd Annual SPH Ink Awards the shew that henenrs Singapore's best newspaper advertisements. For entry
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      26 28 %Mflo BV V i '';W ■4. 1 m rail-. 'w^l^ J »f&gt;* W ■I H 15 &gt; iag© Tune in to Radio 100.3 Your Choice Infotainment Station
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