The Business Times, 12 June 2007

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Total Pages: 32
1 32 The Business Times
  • 20 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asial.com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION MICA (P) 202/12/2006 Tuesday, June 12,2007
    20 words
  • 558 1  -  Battle looms with heavyweight market players By JANE MOIR in Hong Kong HONG KONG'S frontline regulator is to float the idea of quarterly reporting after nearly a decade of botched attempts to introduce it. According to press reports, Hong Kong Exchanges and Clearing
    558 words
  • 133 1 Dsn 3,***** (+53.87) ST INDEX FUTURES 3,548.00 (+53.00) SIMSCI 436.66 (+6.67) SIMSCI FUTURES 436.60 (+8.40) MARKETS Monday Change KLCOMP 1,357.66 +5.27 NIKKEI 225 17,834.48 +55.39 HANG SENG 20,615.49 +106.34 SET INDEX 754.15 +2.15 JAKARTA COMP 2,084.03 +29.57 MANILA COMP Closed SEOUL COMP 1,716.56 -10.72 SHENZHEN B 683.91 +11.89
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  • 554 1  -  Development will have residential, retail, sports and leisure components around sports stadium By ARTHUR SIM [SINGAPORE] Capita Land will embark on its first "strategic partnership" in the Middle East in a project that could cost around US$4 billion-US$5 billion when fully completed in
    YEN MENG JIIN  -  554 words
  • Page 1 Advertisements
    • 27 1 11 8 1 *****1™*****4 PROPERTY Prices for Sentosa bungalow land hit new high PAGE 9 Well-heeled investors snapping up Good Class Bungalows at record prices PAGE 32
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  • TOP STORIES
    • 382 2 StarHub raising monthly dues on all cable TV channels FOOTBALL fans will have to fork out $10 a month more plus GST a hefty 67 per cent rise to watch the English Premier League on cable TV from October. And it won't be just soccer fans digging deeper
      382 words
    • 449 2  -  Ex-NKF CEO could be jailed for up to five years and fined up to $100,000 By CHOW PENN NEE [SINGAPORE] Found guilty of submitting a fictitious $20,000 invoice, former National Kidney Foundation (NKF) chief T T Durai must wait until June 21
      FILE PHOTOS  -  449 words
    • 300 2  -  By VEN SREENIVASAN [SINGAPORE] Changi Airports International, together with its Indian partner Tata Group, is bidding to develop three airports in the southern state of Karnataka in India. The CAI-Tata consortium said it had responded to the Karnataka government's request for expression of
      300 words
    • 682 2  -  By CHARMIAN KOK [SlNGAPOßE] Asian women generate more wealth from entrepreneurship than their counterparts in other regions like Europe and North America says a new report by a British bank. In the report, Barclays Wealth Insights: A Question of Gender, published yesterday by
      REUTERS  -  682 words
    • 875 3 Bloomberg [SINGAPORE] What's a Chinese meat producer really worth? On the mainland, investors pay 146 times earnings to own Fortune Ng Fung Food (Hebei) Co. Hong Kong-listed China Yurun Food Group trades at 26 times profit. And in Singapore, People's Food
      Bloomberg  -  875 words
    • 429 3  -  Star Hub raising monthly dues on all cable TV channels to cover rising costs By SIOW LI SEN [SINGAPORE] Football fans will have to fork out $10 a month more plus GST a hefty 67 per cent rise to watch the English Premier League
      REUTERS  -  429 words
  • Page 2 Advertisements
    • 1741 2 people Give yourself a break. Call us. NICO STEEL HOLDINGS LIMITED y (Incorporated in the Republic of Singapore) Company Registration No. *****4166 D NnHro of Annual fiatOl Mating NOTICE IS HEREBY GIVEN that the Sixth Annual General Meeting of the Company will be held at Caimhill Room (603), level 6,
      1,741 words


  • SINGAPORE MARKETS
    • 507 4  -  STOCKS But softness in the US Treasury market could lead to cautious trading R SIVANITHY Senior Correspondent THANKS to Wall Street's Friday rebound and bounces in China and Hong Kong, the Straits Times Index yesterday managed a 53.87-point rise to 3,545.46, thus almost cancelling out
      Source: Bloomberg  -  507 words
    • Article, Illustration
      902 4 SECURITIES TRADING SCOREBOARD MAIN SIX) TOTA1 UP 0°*" Undi UP Down Undi Up Down Uiwft Multilnd 10 6 _0_ 0 0 10 6 3 Manufacturing y5 34 58 26 15 161 43 73 Commerce _33 22 26 8 13 3 41 35 29 Tpt/5tor/Comms 25 8 9 2 1 0
      902 words
    • 458 4  -  Compiled by MATTHEW PHAN Asia ex-Japan strategy CITIGROUP, June 10 MOMENTUM as an investment style has proven to be exceedingly profitable against value investing over the past three years in Asia ex-Japan. Momentum always does well when volatility and liquidity, that is interest rates, are low. But volatility
      458 words
    • 300 4 CHART POINT KELIVE RESEARCH REGIONAL equity markets in Asia will continue to stay focused on the inflation front this week. The main indicator to watch is the US CPI data due for release this Friday. Since the first quarter, the 50-basis-point spike in the
      KELIVE RESEARCH  -  300 words
    • 555 4  -  CURRENCIES LARRY WEE Senior Correspondent A SMART comeback by US stocks on Friday may have helped to inspire a recovery in financial market players' appetite for risk yesterday, pressing low-yielders down once again, while causing certain safe-haven favourites to finish worse off.
      Source: Reuters  -  555 words

  • COMPANY NEWS
    • 689 5  -  HOCK LOCK SIEW By RONNIE LIM THE building boom on Jurongisland, Singapore's oil refining and petrochemical hub, is at fever pitch. This, in turn, is creating a "high" pushing up the stock prices of listed engineering and construction-related companies here. The construction of
      689 words
    • 755 5  -  It cites uncertainties in the market over local issues going on for over a year By HAN MIN CHUNG AFTER one-and-a-half years of hot pursuit and one failed attempt, Singapore's DBS Group Holdings has finally ended its second attempt to buy Lone
      755 words
    • 505 6  -  Company in JV to build 2 waterfront residential projects By NANDE KHIN KEPPEL Land has signed a preliminary agreement with Abu Dhabi company Aldar Properties to develop two residential waterfront projects in Abu Dhabi. Keppel will hold a 49 per cent equity stake in
      505 words
    • 204 6 SOFT drinks conglomerate Fraser Neave (F&N) yesterday confirmed that it is selling $300 million in five-year bonds to raise funds for working capital and debt refinancing. "The net proceeds from the issue of the Series 1 Notes will be used for funding the
      204 words
    • 512 6  -  By MATTHEW PHAN SHAREHOLDERS of Ses-daq-listed Global Ariel have approved the acquisition of China-based concrete maker Assetgold Finance in a reverse takeover (RTO) deal worth $115 million. The approval at an EGM yesterday is expected to lead to the lifting of Global Ariel's
      512 words
    • 553 7  -  Developer of derivatives trading software brings its platform to S'pore By OH BOON PING TRADING Technologies International, which develops trading software for derivatives traders, sees the volume of futures trading in Asia potentially doubling over the next few years. "In Europe, the volume of
      553 words
    • 359 7  -  IPO WATCH By LIN ZHAOWEI CHINA XLX Fertiliser, the sixth largest coal-based producer of urea and compound fertilisers in China in terms of production capacity, yesterday launched its initial public offering (IPO) of 262.9 million new and vendor shares here. The issue
      359 words
    • 401 7  -  By OH BOON PING CHINA Sports International, which produces sports fashion apparel, has lodged its preliminary prospectus for a listing on the local bourse. It plans to offer 100 million new shares. Stirling Coleman is the issue manager. The firm designs and sells
      401 words
    • 261 7 Galleria revises offer for Carats GALLERIA Resources has revised its partial offer for 60 per cent of Carats Ltd into a voluntary conditional offer for all the shares. It has also raised the offer price to five cents a share from 2.75 cents. The final closing date is
      261 words
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  • Page 7 Advertisements
    • 48 7 -n »v, Jr .v- 4 This announcement appears as a matter of record only. HOUSING DEVELOPMENT Aboard ii- T r 1 3 *****,000,000 2.69% Notes due 2009 *****,000,000 3.35% Notes due 2019 issued under HDB's 557,000,000,000 Medium Term Note Programme Sole Lead Manager DBS Bank Ltd. BDBS WSKtSS3!ililm^KKm-
      48 words
    • 269 7 Interest rate portfolio EURIBOR: Open for business in Asia J 4 25 June 2007: EURIBOR Open for business in Asia From 25 June 2007, Euronextliffe will extend the To find out more: trading hours of its flagship contract the EURIBOR Singapore office: +65 6322 1410 Futures Contract into the Asian
      269 words

  • SINGAPORE NEWS
    • 380 8  -  It's begun recruiting staff for the US$4b petrochem complex By RONNIE UM EXXONMOBIL has begun recruiting engineers and technicians ahead of its likely final decision next month on a second petrochemical complex here an almost sure sign it intends to go ahead with
      380 words
    • 775 8  -  Biofuel ventures are popular, especially in Malaysia and Indonesia, reports MATTHEW PHAN MATTHEW PHAN CARBON reduction projects are growing more common in South-east Asia, although the projects are on a smaller scale and of a narrower scope than those in China and
      FILE PHOTO  -  775 words
    • 596 9  -  Pact marks official launch of inaugural business forum with Gulf emirate By LYNETTE KHOO SINGAPORE and the Gulf emirate of Abu Dhabi signed a memorandum of understanding (MOU) aimed at forging closer ties. The pact, signed by Singapore's Minister of State for
      YEN MENG JIIN  -  596 words
    • 452 9  -  By ARTHUR SIM LAND prices for bungalows have hit a new high of $1,472 psf at Sentosa Cove, beating the 1,308 psf price set in November 2006. Four seafront bungalow plots were released for sale in March and all have been sold.
      452 words
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    • 243 9 t 5"Recognising your own limitations in order to overcome them." Swiss native Bertrand Cardis is a pioneer in the use of composite materials. His boats, constructed from compounds of carbon and various types of fibre, belong to the fastest and most innovative in the world. To ensure his designs stay
      243 words

  • ARTS FEST
    • 863 10  -  The Finger Players makes its debut in SAF's core programme, writes PARVATHI NAYAR PARVATHI NAYAR fT'S an opportunity to work just as an artist, instead of multitasking as someone who has to create, publicise and sell tickets for the show," says play- wright-director
      YEN MENG JIIN  -  863 words
    • 386 10  -  By UMA SHANKARI BONES In Pages, which first premiered in Frankfurt in 1991, is a work that meditates on the chaotic nature of human violence. Against a backdrop of books and loose pages floating around, Japanese dance legend Saburo Teshigawara, the Karas company's
      386 words
  • Page 10 Advertisements
    • 364 10 Your Daily Guide to the Arts Festival: What's on today An Arabian Passion: Jazz masters and an Arab-European cast of musicians explore cross-cultural political and social connections. Bpm, until June 13. Jubilee Hall. Tickets: $20 to $50.115 minutes with intermission. Cantonese Opera Delights: Enjoy the eclectic repertoire of the award-winning
      364 words

  • SME SPOTLIGHT
    • 1274 11  -  SMALL CAPS The China ice cream and frozen food maker aims to become one of China's top brands, reports NANDE KHIN NANDE KHIN HANGZHOU-BASED ice cream and frozen food maker Youcan Foods International is not sitting frozen in its position as a provincial
      1,274 words
    • 440 11  -  By TEH HOOI LING THE performance of the UOB Sesdaq Index has finally caught up with the Straits Times Index, nearly four years after we set up our small cap portfolio. Between October 2003 and yesterday, the UOB Sesdaq Index returned 115.3 per cent
      440 words
    • 879 12  -  The privately owned company has won tenders for projects from public agencies, local SMEs and MNCs, reports TETTYANA JASLI TETTYANA JASLI F. OR a company only two years removed from its "milestone transition" from being a subsidiary of IBM Singapore Pte Ltd to a
      YEN MENG JIIN  -  879 words
    • 1318 13  -  An expat builds up a cosmetics business while yearning for beauty brands from her homeland, reports NANDE KHIN NANDE KHIN B HEN Korean expatriate Jeong In #1 am. S Kyoung first came to Singapore in t| m October 1999 to work, she had a
      ARTHUR LEE  -  1,318 words
  • Page 11 Advertisements
    • 9 11 RQLLITE" jdM The Control of Heat and Light www.rollite.com
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    • 428 11 Canon Delighting You Always Bl Make Smart Business pecisions L v with Canon Offibe Solutions I I Efficient, affordable, reliable and user-friendly, Canon Intelligent Office I Solutions is the smart business choice. As the leader in office automation, I Canon brings you cost-effective office solutions tailored to meet the scale
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  • Page 12 Advertisements
    • 503 12 *-i -«PPrwmmmm > i FORBES GLOBAL CIBOCONFERENCE i f 1 hT7 Sheldon G.Adelson, Chairman and CEO, Las Vegas Sands Corp., USA Rich Karlgaard, Publisher, Forbes magazine, USA Eric C. Anderson, President and CEO, Space Adventures, Ltd., USA Kwek Leng Beng, Executive Chairman, Hong Leong Group, Singapore Anousheh Ansari, Chairman, Prodea
      503 words
    • 14 12 I fi Lianhe Zaobao I companies I I listings I I overseas I taHBH
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  • ECONOMY WATCH
    • 495 14 US$22.5b surplus comes amid call for sanctions from US AP, AP,Bloomb erg [BEIJING] China's politically sensitive trade surplus soared in May to the third-highest monthly level on record, according to figures reported yesterday, amid growing pressure from US lawmakers for sanctions against Beijing.
      AP,; AP,Bloomb erg; AP  -  495 words
    • 392 14 Reuters [FRANKFURT] The growing prospect of tighter monetary policy in the euro zone, United States and Japan has pushed up global bond yields in the past three months, but investors kept their appetite for emerging market assets, a report by the Bank
      Reuters  -  392 words
    • 610 14 0.8% GDP growth in Jan-March sparks expectations BOJ may raise rates Reuters [TOKYO] Japan's economy outperformed both the United States and the euro zone in January-March for the second straight quarter, reinforcing expectations the Bank of Japan will raise rates in August. The
      – Reuters  -  610 words
    • 2501 14 VOl hill KM W- CB80) A ft M Realty 2.70 0.02 21 Abric Bhd ..M. 0.31 0.02 270 Advance Synergy 0J1 0.01 1180 Adventa Bhd 139 -0.04 2767 Ae Multi Hldgs 0.34 0.02 482 Affin Holdings .2.28 -0.02 2186 Ahmad Zaki Resou 3.30 0.02 327 Ak Corp 0.SS
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  • Page 14 Advertisements
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  • MALAYSIA
    • 202 15 -AFP [KUALA LUMPUR] Malaysian Prime Minister Abdullah Ahmad Badawi yesterday urged cooperation among influential oil firms to promote energy security amid global uncertainties, especially in the oil-rich Middle East. Mr Abdullah said national and multinational oil companies should work towards securing energy resources in
      -AFP  -  202 words
    • 587 15 ASIA OIL AND GAS CONFERENCE Asian state oil firms losing staff to peers with deep pockets, raising safety risks Reuters [KUALA LUMPUR] The oil industry's most pressing shortage is not fuel, or rigs, or even access to fields in increasingly protective
      Reuters  -  587 words
    • 313 15 Reuters [KUALA LUMPUR] Malaysia is considering a new project to expand the capacity of its joint-venture refinery in Malacca, the head of the state oil company said yesterday. "We are looking at the possibility of expanding the present capacity but it is still under
      Reuters  -  313 words
  • Page 15 Advertisements
    • 9 15 Tune in to Radio 91.3 FM 100% pure fun
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      769 words

  • GREATER CHINA
    • 739 16 Network may not be viable; existing standards holding their own ground Reuters [BEIJING] China is leveraging its position as the world's largest mobile telecoms market to create a homegrown third-genera-tion wireless standard, but the technology may prove a commercial dead-end for the firms embracing
      Reuters; AP  -  739 words
    • 349 16 Faster process for US, UK funds; exam waiver for some -Reuters [HONG KONG] Hong Kong's securities watchdog said yesterday that it is simplifying licensing requirements, with immediate effect, for overseas hedge fund managers looking to set up in the territory. Hong Kong's Securities
      -Reuters  -  349 words
    • 468 16 -Reuters [HONG KONG] China's largest maker of wind-powered generators, Goldwind Science and Technology Co Ltd, has blown off plans for a US IPO and chosen instead to list at home to try to bankroll a rip-roar-ing pace of expansion. Goldwind,
      -Reuters  -  468 words
  • Page 16 Advertisements
    • 871 16 M HARRY'S HOLDINGS LTD. (Incorporated in the Republic of Singapore) (Company Registration Number *****7226K) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Second Annual General Meeting of Harry's Holdings Ltd (the "Company") will be held at Upstairs Harry's, 28 Boat Quay, Singapore *****8 on 27 June 2007
      871 words
    • 725 16 Cats Notices IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ASIATICA TURN KEY PROJECTS PTE LTD (In Member*' Voluntary Liquidation) Reg No. 19M*****E NOTICE OF RESOLUTIONS At an Extraordinary General Mooting of the abovenamed Company duly convened and held at 38 Juan Bravo, *****
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  • India
    • 514 17 Move fuelled by buoyant economy, new technologies, restrictions in China Reuters [MUMBAI] Global media and entertainment firms are racing for a piece of the fast-growing Indian market and the pace will quicken because of new technologies in India and tougher restrictions in China.
      – Reuters; REUTERS  -  514 words
    • 532 17 Course also beefs up presentation and communication skills AFP [BANGALORE] Finishing schools have come to India to groom geeky job-seeking software engineers in workplace etiquette as the country's booming information technology sector cries out for urbane talent. The first such institution
      AFP  -  532 words
    • 445 17 India's largest developer could be valued at US$23b Reuters [MUMBAI] The institutional portion of India's biggest IPO, a US$2.4 billion public offering by property developer DLF Ltd, was fully subscribed within an hour of opening yesterday, the company said, as investors shrugged off fears
      Reuters  -  445 words
  • Page 17 Advertisements
    • 184 17 I|| Hi 188 MHHHH irv V V* AIRLINE industry aciiikvkmknt V._ ATW Airline of the Year Singapore Tokyo Tokyo-* Singapore"!" Morning Flight Night Right Flight No Dep An Flight No City Dep [att Flight No City Pep Arr Right No Pep Arr NH 8 San Francisco 17:05 10:30 NH 7
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  • MIDDLE EAST
    • 595 18 Move expected to expand bank services usage to over 30% from 20% now Reu ters [RABAT] Morocco's US$52 billion economy will gain an additional 1.5 per cent in growth per year from Islamic products that Moroccan banks will begin offering next
      Reu ters  -  595 words
    • 254 18 Bernama [DUBAI] A multi-billion dollar Islamic Solidarity Fund for Development, which aims at combating poverty and its causes in Islamic Development Bank (IDB) member countries, was launched in Dakar, Senegal, recently. The US$lO billion fund was launched by Senegal's President Abdoulaye Wade at a
      Bernama  -  254 words
    • 3981 18 UNIT TRUSTS FUNDS wmEMEMBtKMM sf-fsssa: 1% ssssft* ;is sggaassgt .as gssss? g-a; ;s8ss afiarer; ms Afl Euroo Income A ELM 7JV 2S iS S 5 S n f oSP ftSi i55 Gih*n KM061 USD _12J1/ iwvn fq c**U A ,i v» 9 Mil uOt UM QoM M USD CWZV***** Nl
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  • Page 18 Advertisements
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  • ASIA-PACIFIC/WORLD
    • 467 19 BID FOR ABN AMRO Reuters [LONDON/AMSTERDAM] US hedge fund Atticus Capital is urging Barclays to drop its 65 billion euro (Ssl34 billion) bid for Dutch bank ABN Amro after buying a significant stake in the British bank. Atticus said in a letter to Marcus Agius,
      Reuters  -  467 words
    • 659 19 NYT [PITTSBURGH] When the US Open begins this week at Oakmont Country Club outside Pittsburgh, a challenging, manicured golf course will be only part of the scene. More striking will be the transformation of the grounds into a temporary
      NYT; AP  -  659 words
    • 409 19 It will freeze 21 bank accounts with assets worth 52.9b baht Reuters [BANGKOK] Thailand's army-backed government yesterday said it would seize 21 bank accounts with assets worth 52.9 billion baht (552.5 billion) from ousted prime minister Thaksin Shinawatra and his wife. The announcement from
      Reuters; AP  -  409 words
    • 367 19 Way cleared for opening of 17 new large casinos Bloomberg. AFP [LONDON] A British gambling trade group failed in a legal bid to block the opening of 17 new casinos, including a Las-Vegas style super-casino, as the UK ushers in a new gambling
      Bloomberg.; AFP  -  367 words
    • 173 19 Reuters [TOKYO] Three former colleagues of fallen Japanese financier Yoshiaki Murakami have started a hedge fund which will pursue a lower-key version of his controversial activist investment strategy. The former principles of Mr Murakami's MAC Asset Management have raised US$2OO million from a
      Reuters  -  173 words
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  • AVIATION
    • 470 20  -  Daily HK-LA flight from Oct in addition to present daily Tokyo-LA route By CHARMIAN KOK TRAVELLERS and holiday makers will have more choices when flying to Los Angeles (LA), the US city that is among the most popular holiday destinations with Singaporeans. Currently,
      470 words
    • 537 20 [KUALA LUMPUR] Malaysia Airlines (MAS) has shortlisted at least three vendors to replace its 20-year-old spares inventory system with a more modern "enterprise-wide system" capable of tracking all work functions at the engineering and maintenance (E&M) unit, says a report
      537 words
    • 177 20 AP [TOKYO] Japan's Mitsubishi Heavy Industries will exhibit a mock-up of the cabin of a passenger jet it is developing at the Paris air show later this month, company officials said yesterday. The manufacturer wants to gauge interest for the proposed airliner,
      AP  -  177 words
    • 257 20 Reuters [FRANKFURT] Europe's biggest airline, Air FranceKLM, is set to acquire further competitors as soon as the firm can find an appropriate target, its two most senior executives told a German finance magazine. "We could become active here soon," chairman Jean-Cyril Spinetta was quoted as saying
      Reuters  -  257 words
    • 125 20 AFP [TAIPEI] China Airlines (CAL), Taiwan's leading international carrier, said yesterday it and unit Mandarin Airlines will launch four round-trip direct charter flights to China between June 15 and June 19 for the upcoming Dragon Boat Festival. The two carriers will fly to
      AFP  -  125 words
    • 189 20 —Bloomberg [JAKARTA] PT Adam Skyconnection Airlines, the Indonesian airline that has had two crashes this year, may enlarge a fleet expansion plan after its owners sold a 50 per cent stake. "With the capital injection, we may be able to increase the
      —Bloomberg  -  189 words
    • 349 20 -Bloomberg [NEW YORK] AirTran Holdings Inc will extend its offer for Midwest Air Group Inc after 60 per cent of Midwest shareholders supported AirTran's US$3B9 million hostile takeover bid, a person with direct knowledge of the matter said. More than 14.6 million shares
      -Bloomberg  -  349 words
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  • Page 20 Miscellaneous
    • 153 20 CRYPTIC CROSSWORD ground kernel (6) 8 Being punished for settling a YESTERDAY'S SOLUTION DOWN dsbt! (6) Across! 1 Spaced 5 Semester 9 1 Formerly an unspecified period 9 One who is not fully employed Diabo ic ;i 10 Nigh, 11 Spalpeen, 2 slunk over when set fee 15 Change of
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  • SHIPPING/TRANSPORT
    • 457 21 It will sella 10-year Islamic bond and a conventional 20-30 year bond -Reuters [ABU DHABI] Dubai port operator DP World plans to raise as much as US$3 billion by selling two benchmark size bonds, one of which will have a
      -Reuters  -  457 words
    • 281 21 SGX '000 Jun 11 SS *1- Vol Ch Offshore 0.64 unch 896 Chuan Hup Hldgs 0.36 unch 574 CascoCorp 3.38 0.40 ***** Cwt Limited 0.92 -0.01 1185 Ezra Hldos 5.70 0.05 66 Freight Onks 0.16 0.02 ***** Grand Banks 1.08 0.03 10 Jaya Hold Ltd 1.66 0.06 2767
      281 words
    • 297 21 Abu Dhabi firm offers to sell shipbuilder part of its 7.0% holdings —Bloomberg [HONG KONG] Hyundai Heavy Industries Co, the world's largest shipyard operator, may increase its stake in Hyundai Oilbank Co, South Korea's fourthbiggest oil refiner. Hyundai Heavy said yesterday that Abu
      —Bloomberg  -  297 words
    • 459 21 AFP [PARIS] The first high-speed rail link between France and Germany began scheduled services on Sunday, slashing travel times and marking a major step towards a truly panEuropean rapid transit network. The service, offering fast connections to Luxembourg and Switzerland, cuts
      AFP  -  459 words
    • 166 21 —Reuters [SINGAPORE] Shipping operations have resumed at Australia's top coal export port of Newcastle, after loadings were stopped by a storm, a spokesman for the Newcastle Port Corporation said yesterday. The spokesman could not say when coal loadings would restart, but said two general
      —Reuters; AFP  -  166 words
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  • EDITORIAL & OPINION
    • 493 22 EDITORIAL ON May 28, Malaysia's central bank stayed interest rates and left the overnight policy rate at 3.5 per cent, the ninth consecutive time it has done so in over a year. Bank Negara Malaysia's actions go against the conventional wisdom of Malaysian economists who argue
      493 words
    • 1235 22  -  Govt leaders giving problem top priority to forestall widespread social unrest By DON LEE -LAT-WP [SHANGHAI] Deng Xiaoping said it's OK for some people to get rich before others, and Chinese executives are taking the late paramount leader's dictum to the bank. Although
      -LAT-WP; AFP  -  1,235 words
    • 777 22  -  THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group YOU have almost certainly never heard of the Treaty of Detroit, which you may connect with the "French and Indian War (1756-1763). Guess again. The Treaty of Detroit is a long-lost label
      The Washington Post Writers Group  -  777 words
    • 1918 23  -  Region needs to step up reforms, invest in infrastructure and labour skills to ride the next wave of investments By S M Thangavely and Yong Yik Wei THE East Asian financial crisis began in Thailand in July 1997 and adversely affected output, stock markets, currencies
      Photo: Bloomberg  -  1,918 words
    • 345 23  -  LETTER TO THE EDITOR Leong Sze Hian I REFER to Sing Post's announcement that postage rates for domestic mail will increase with effect from July 1, from 25 to 26, and 31 to 32 cents, for weight 20g and
      345 words

  • Page 23 Advertisements
    • 189 23 I Broadcastl\sia2oo7 I The 12th International Digital Multimedia Entertainment Technology Exhibition Conference I 19-22 June 2007 Singapore Expo, Halls 7 9 I I Asia's Premier Interactive, Digital I Multimedia Entertainment Event I •HDStudO •> vfe 'Air i:» 'V. Exclusive showcase of a full suite of end-to-end Wgh f definition production
      189 words

  • 11025 24 SGX MAINBOARD Transaction date: Jun 11 52-Wk T«t Last Vol Day Last Quote Drv GrYM Net MCap High Low Code Company Sale +<- ('000) High Low luytr SCvt WE Smil 3.5 2 5716 1st Software 2 susp 8 4 18 6 3148 STelecom 17 +0.5 1055 17 16.5
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  • 6092 25 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In local curr In SS In US$ %dy yr *dy yr *dy %yr Jun» Index Changs Change Change Change Change Change Worid Index Pretiminaiy 1164.8 -0.1 5.8 0.1 6.9 -0.4 6.4 t EAFE Preliminary 1174.2 -6.5 6.0 -M 7j0 -1J 6.5 Europe Pretiminaiy
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  • Page 25 Advertisements
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  • Page 26 Advertisements
    • 1046 26 UK CONTINENT SERVICE U.S.A SERVICE Destination Destination NIPHANAREE RDM/ATW/BMN/TLB/NAN STXPOTBN CAM/NFK/NOL/SAV Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia MIPPLE-EAST SERVICE F.E./S.E.A. SERVICE Destination Destination LAURADA DBI/ABU/DOH/BRN/DMM/KWT STXPO TBN INC/BSN ASEAN GLORY DBI/ABU/DOH/BRN/DMM/KWT Loads Singapore, E./W. Malaysia, Indonesia Loads E. Malaysia, Indonesia OTHER SERVICES Tramping for bulk, breakbulk, mineral
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    • 452 26 VlftlV WALLENIUS WILHELMSEN LOGISTICS website: http://www.2wglobal.com VESSEL VOT «W HEIGHT SIN UC MAO SAY Ml ORE TAMPA AI7II 4201 ms 6.4 M 14/06 12/07 22/07 26/07 31/07 29/07 TAIAGO AF7I9 320T0w 6.4 M 27/06 21/07 29/07 02/01 06/01 04/01 THUS AFT2I 4201 ms 6.4 M 15/07 OMIT 11/06 22/0» 25/01
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  • The Business Times Shipping Times
    • 5089 27 This ETA CTA Advertiser Vessel Voyage Telephone SIN Dest'n Name Nam* Number Number To ABIDJAN (ABJ) 2003 Cote D'lvoire 23/06 28/07 Delmas CMA CGM C0L0MBIE 725W *****344 23/06 30/07 Delmas CMA CGM C010MBIE 725W *****344 To ABU DHABI (AUH) 2004 U. A. Emirates 24/06
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  • Page 27 Advertisements
    • 707 27 WAN HAI INTERNATIONAL PTE LTD a HMHmw/I \am\ WAN HAI LINES' Y PU IB: (03) 3M6IW FAX: (03) *****2 M PM IH: M) 214H00 FAX: (04|229tm V JOHIIL (07) *****23 FAX: (07)*****21 SURIH: (031)*****75 FAX: (031) *****14/ 3241)05 www.wanhai.com.sg *T IB: (021) *****00 FAX: (021) *****1011*1******0/*****1 FAX:*****» KIH; (061) 4157M3
      707 words
    • 978 27 gHESSSj^H [Vl>sil VOY I PKI I SIN 1 KHI 1 PX» I*l SMM SIX KHO IRAN TABATABAEI PCLI2O2 11/06 12/06 21/06 24/06 25/06 01/07 03/07 05/07 IRAN SAASAII PCLB2O3 21/06 22/06 01/07 04/07 05/07 11/07 12/07 14/07 IRAN SATTARI PCLS2O4 02/07 1 03/07 12/07 15/07 16/07 22/07 24/07 26/07 IViSStI
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    • 687 27 WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICO POINTS ttssa WT a COUMBO W.SHEW COIOMtO MM ffHOM 12 JUW 13 JUW I6JUK WMW 13 WW HOWIAHH OOUW H AM 2CJUW 23 iUW 2/M VIM, WTAfBHIIHA YfWlfl? MW 77 JUW 30 JUW 04JIIL MM ALSO ACGPTHB Kl
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  • PROPERTY
    • 478 29 Foreign developers must prove projects exist before forming companies —Bloomberg [BEIJING] China said overseas developers must prove they have real estate projects under way before they are allowed to form companies, in a move to tighten rules to curb property speculation. Overseas investors must
      —Bloomberg; AFP  -  478 words
    • 246 29 Bloom berg [LONDON] UK house-price inflation quickened in April, suggesting the Bank of England's four interestrate increases since August have not crimped the residential property market, a government report showed. Home values rose 11.3 per cent from a year earlier, up from
      Bloom berg  -  246 words
    • 684 31 Hotel, water park, retail outlets, residences are possible projects AP [NEW YORK] The view from the Coney Island boardwalk depends on the perspective: The long shadows of the Cyclone roller coaster evoke the past. The lounging sun worshippers dotting the beach belong to
      AP; REUTERS  -  684 words
    • 741 32  -  Bungalow at 63 Dalvey Road changed hands at $1,091 psf By KALPANA RASHIWALA RECORD prices have been achieved in several Good Class Bungalow (GCB) areas this year a trend expected to continue as wellheeled investors move to snap up limited supply. A
      741 words
  • Page 29 Advertisements
    • 452 29 FOR SALE BY TENDER LINCOLN LODGE PRIME FREEHOLD RESIDENTIAL SITE (DISTRICT 11) Newton Road J pIE Ideal for Luxurious Condominium 1 To Jurong Entrance to Novena MRT at doorstep 8 Catl l ol 1 i 1 c a Right next to United Sq Novena Sq Girls' School umor College Novena
      452 words
    • 225 29 FREEHOLD SITE FOR SAl£ VV• I Address: 217 Upper Bukft "Hmah MM* VX Road Sfte Area: approx 15,223 sf Redevelopment. Pbtenttal: Commercial development V\ i' ufffi. /(Gross Plot Ratio: 14) aI.SKy Ideal for shops/offlces/tfVDwroom s\* Vw Regular layout With good 1 frontage Convenient access to PIE Tel: 6224 8181 |3
      225 words

  • Page 30 Advertisements
    • 69 30 tottif,,;, ~h Bp t~ t <4v a.- rr- s rr *r s-wv ■> a-- s 4-. «vlf&>i Pi ll Pl| t' ll MMI 11 i '1 n S*F :> K i- r >■***$&. ■"i V- *f* ,*-> V v < .j|^ ni'j l^** '^jhiAg?^K^BBK3H^Bll^^^SßsS?»^3Er. M BfflK KP(PPBii^ ■^^gg^^JT 6 m
      69 words

  • Page 31 Advertisements
    • 315 31 savills i n Collective Sale of Trendaiel Trendale Tower Tower Land Area 2016.8 sq.m. (Approx. 21,709 sq.ft.) wfykA Maximum permissable GFA: Rw-tosiic x\ 6,753.2 sq.m.(Approx. 72,691 sqft; sn™ hL vM Ei JSJ\A J J Subject to Approval) Tenure: Freehold /<y <T Located near 2 MRT Stations, Tangs Pl-C */Plaza, ACS
      315 words
    • 31 31 BiifIHHHkdHHBBHHHHHHfIIi For Lease Office: 301 to 1992sqft Restaurant/Shop: 1136 6297 sqft Next to Shaw House/ Isetan Scotts Outside CBD Near Orchard MRT station Hong Fok Group Tel: 6390 2477/ 6292 8181
      31 words

  • Page 32 Advertisements
    • 626 32 RESIDENTIAL SITE FOR SALE St. Patrick's View (St. Patrick's Road) 9 Freehold. Plot ratio 1.4 CHANGI RD a iiwium.i iwiiauu .-r z> < 3 Land area: approx. 83,013 sq ft EAST COAST RD q J Dual road frontages ST. PATRICK'S RD ■■SUBJECT st Paktck-t Near good schools and amenities site
      626 words