The Business Times, 25 June 2007
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2007-06-25
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The Business Times
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Title Section20 2007-06-25 1 THE BUSINESS TIMES A SINGAPORE PRESS HOLDINGS PUBLICATION Monday June 25,200 online at http'7/business-times.asial.com.sg MICA (P) 202/12/2006 SINGAPORE 85 cents20 words
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Article, Illustration594 2007-06-25 1 CHUANG PECK MING - The region is in a stronger position now than in 1997 but mishaps can still happen, says PM Lee By CHUANG PECK MING SINGAPORE] Singapore eaders sounded a note of ;aution as the World Ecolomic Forum on East Asia Licked off here yesterday in594 words
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Article135 2007-06-25 1 MARKETS Week Chge STI 3615.38 34.22 KLCOMP 1391.57 30.92 NIKKEI 225 *****.63 217.14 HANG SENG *****.91 982.86 SET INDEX 772.05 27.80 JAKARTA COMP ...2152.32 31.68 MANILA COMP ....3701.16 29.87 TAIPEI TAIEX 8812.91 239.27 SEOUL COMP 1770.98 -1.28 SHENZHEN B 691.72 —-8.65 AUSTALLORD 6409.30 92.20 DOW JONES *****.26—-279.22 NASDAQ135 words
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665 2007-06-25 1 ANTHONY ROWLEY - But production shift out of Japan could resume By ANTHONY ROWLEY in Tokyo FEARS that Japan's industrial base would be "hollowed out" by a shift of production to China and other relatively low-cost Asian centres have eased as a result of the weak665 words
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Page 1 Advertisements
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Advertisement72 2007-06-25 1 PROFILE Hil HK'snewNo2could be city's next leader HOCK LOCK SIEW Corporate disclosure: SGX must be the standard bearer PAGE 4 ATTNEWEF Failed Doha Round, climate change key risks for Asia, Page 2 Asean must unite to drive E Asia growth, Page 2 BT ONLINE BT print subscribers get free access72 words
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Advertisement29 2007-06-25 1 BizlT Wireless network mayor sets up IHQ in Singapore PAGE3O No jams when building new broadband highway? PAGE 31 Samsung looks high and low for handset growth PAGE 3129 words
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Advertisement15 2007-06-25 1 DINING OUT .■KSM: Designer take on herbal cuisine J" WEIRD AND WONDERFUL ■"■I. 1 115 words
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Advertisement18 2007-06-25 1 WALL STREET INSIGHT Nervous investors send stocks diving PAGE 22 'i > .Wt V. >'■ BAP KA| MGESM&I2 PAGE 1318 words
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TOP STORIES
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Article, Illustration489 2007-06-25 2 NANDE KHIN - WORLD ECONOMIC FORUM ON EAST ASIA Participants also view widening income gap, rising liquidity as hazards Reports by NANDE KHIN [SINGAPORE] Asian business and political leaders see the failed trade talks of the Doha Round, climate change, the widening income gapREUTERS - 489 words
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Article63 2007-06-25 2 OUR report, "Tan may rethink bid to oust directors", cited director Stanley Tan as saying that he will have to consider whether to stop his own motion tabled for the removal of the independent directors at the EGM. Mr Tan has clarified that what he said was that he63 words
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Article, Illustration591 2007-06-25 2 Region needs to ensure continuing expansion and peace: George Yeo [SINGAPORE] Foreign Minister George Yeo yesterday said Asean should step up its own economic integration in order to take the lead in the wider East Asia regional cooperation. "At the core of591 words
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Article, Illustration533 2007-06-25 3 Bank not likely to have a controlling shareholder such as Temasek, he says Reuters [SINGAPORE] ICICI shares will remain widely held and the lender is not likely to have a controlling shareholder such as Singapore investment company Temasek, the chief executive of India'sReuters; BLOOMBERG - 533 words
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Article536 2007-06-25 2 Wall St, not China, would lead global crash: S&P IF and when global equity markets crash, it will be because of a meltdown on Wall Street, rather than a shakedown in Shanghai, according to market experts at Standard Poors. This is because unlike the US, China still has536 words
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586 2007-06-25 2 VEN SREENIVASAN - It sees Asian markets, including S'pore, continue rising until mid-Q3 By VEN SREENIVASAN [SINGAPORE] If and when global equity markets crash, it will be because of a meltdown on Wall Street, rather than a shakedown in Shanghai, according to market experts at586 words
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608 2007-06-25 3 SIOW LI SEN - Investors pumped 3 times more money over '05: Mercer By SIOW LI SEN [SINGAPORE] Global investment managers got rich pickings from Asia's, wealthy who placed out US$ll billion in 2006, almost three times more money over 2005. The most popular investments for Asians608 words
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Advertisement130 2007-06-25 2 I I GEP is a POWERFUL, LOW COST BUSINESS MENTORING program for ordinary people with no I l^^^^^busine»BexporlencMooarnslojooom«rtlilywfjmou^ Earning $10,000 monthly is EASY make a big difference to your wfimwKinnMitm 10 months powerful COACHING to guide monthly income you STEP-BY-STEP EVERYONE CAN JOIN I* mMUUUUam^m HOT No NEED Youn 9130 words
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Advertisement116 2007-06-25 3 W- -fti; M||HH I ffl Im I I jy m m I I II i v j MpT MMF*^SB Ml E km V I s ...ifTv X --V J-?' .-j L'J.. IR3 o Bfv- f ft* J |£QMV IPPr> i*> JgFg»>? Bfl H M H,'.;:^-v--/ V 4 :h- iV >116 words
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COMPANY NEWS
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306 2007-06-25 4 Bloomberg SINGAPORE Telecommunications Ltd (Sing Tel), South-east Asia's largest phone company, said it is ready to invest in Vietnam once regulations ease as the company looks overseas to counter slowing growth at home and in Australia. "We continue to track Vietnam asBloomberg - 306 words
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302 2007-06-25 4 NISHA RAMCHANDANI - By NISHA RAMCHANDANI CHINA Sunsine Chemical Holdings Ltd, a Chinabased company that produces, sources and supplies rubber chemicals, is seeking to list on the Singapore Exchange (SGX) and has lodged its preliminary prospectus with the Monetary Authority of Singapore. The company, which has302 words
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Article, Illustration785 2007-06-25 7 Industry in Asia likely to grow to US$4b by 2012, but for investors the sector looks very expensive Reuters UMUH Muchtar was in such agony after botched surgery in Indonesia that he took a friend's advice and contacted a hospital in Singapore where he hadReuters - 785 words
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Article, Illustration192 2007-06-25 7 FUNDS raised for the Singapore Exchange's (SGX) annual Bull Run have topped $1 million, thanks to its latest Diamond Bull sponsor Thai Beverage, which committed $100,000 to the race last week. The funds will go, for the first time, partly towards192 words
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761 2007-06-25 4 CONRAD RAJ - HOCK LOCK SIEW By CONRAD RAJ THE Singapore Exchange (SGX) may have adhered to the letter of its own listing rules on making public the acquisition of a 5 per cent or more stake in a listed company. However, it has fallen761 words
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379 2007-06-25 4 JANICE HENG - IPO WATCH By JANICE HENG CHINESE biotechnology company Reyphon Agriceutical, a subsidiary of main-board-listed water treatment firm Sinomem Technology, is seeking its own listing on the Singapore Exchange's mainboard. In its preliminary prospectus, lodged on Thursday with the Monetary Au- thority of Singapore, Reyphon379 words
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Page 4 Advertisements
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Advertisement1112 2007-06-25 4 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF R.F. INVESTMENT PTE LTD (In Members' Voluntary Liquidation) Company Reg. No. *****0282 C NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act, Cap. 50 that the Final Meeting of Members of the above-named1,112 words
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Advertisement226 2007-06-25 4 Organized by Main Sponsor Knowledge Advisor •lef" ©DBS MfP V I SICCI DBS Singapore Indian Entrepreneur Awards 2007 The Indian business community in Singapore has always taken great pride in its entrepreneurial spirit and drive to seek out new opportunities. The 'SICCI DBS Singapore Indian Entrepreneur Awards (SIEA) 2007' serve226 words
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Advertisement29 2007-06-25 4 Lianhe Zaobao I offshore marine I I &«S3FK«S!IT J I I ±miwn«»«H I I I <iT#I i I\ t r <ron< Mh r < fcv»im■ iitE III* >1 B ut^Er29 words
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Advertisement627 2007-06-25 5 Daiwa Securities Group v ill* frit i i *»Jyhr.' k*- ■it i't~i Ai iln flMjSyhnrtat'r t -il>TVi« llfcfrrii:ly--ii-" f'iHlifWr c fir :v 11 J ax in Asia i Securities Group, one of the leading financial groups in Japan, began Us operations in Singapore through a joint venture together with DBS627 words
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SINGAPORE MARKETS
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Article442 2007-06-25 6 tafM > la Mta Fay >■)■■« h iflu <IN ww *m—&m—m»AmaraHMp t 0«0 M toi »*M> »>n SCGWa) A tTO Q24tmt W4ta» »Xr AMtendPG *1040)0 2Vtl»i 2»)m SA »-0» »-*g Sabcodi Brown t 4230 tHwi Xnur Ufcp SIA 87 **q 17^ BowstMd f *M0 B7«««| TO Aug SIAEngg442 words
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Article, Illustration633 2007-06-25 6 R SIVANITHY - STOCKS R SIVANITHY Senior Correspondent THERE are many ways to phrase the question that's at the back of everybody's mind. But taking into account the present sentiment in penny stocks, this is probably the best: how long before "sure-win" becomes "sure-lose"? On the one633 words
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530 2007-06-25 6 CURRENCIES AFP [HONG KONG] Asian currencies ended last week mixed against the US dollar, with the yen tumbling to a 4-1/2 year low on interest rate differentials but the Australian dollar soaring to an 18-year high. Japanese yen: The yenAFP - 530 words
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Article, Illustration2126 2007-06-25 6 Consensus No .of Forecast Mean Frfs recommendation esti- EPS PE target price Company name This wfc Last mth mates (cents) (ratio) price Advanced Holdings 2.50 4.00 2 3.35 18.06 0.40 0.60 Allco Commercial REIT 1.50 1.50 6 4.80 26.90 1.42 1.27 Allgreen Properties 2.78 2.89 9 8.18 25.812,126 words
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343 2007-06-25 6 COMMODITIES AFP [LONDON] Crude oil prices reached their highest levels in nine months last week, before paring gains on news of rising energy stockpiles in the United States. Base metal lead enjoyed yet another record peak as traders fretted over low globalAFP - 343 words
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Article, Illustration1375 2007-06-25 8 TEH HOOI LING - TEH HOOI LING Senior Correspondent THE Singapore and global markets continued their unbelievably good run last week, and the Straits times Index ended at yet another record. But it was the small-capitalisation stocks which registered blistering gains last week. Consequently, all our portfolios fared very1,375 words
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1251 2007-06-25 8 ROBERT HALILI - INSIDE MARKETS By ROBERT HALILI TRADING activity remained high last week with 68 firms recording 199 director and substantial shareholder trades, based on filings on filings on the Singapore Exchange from June 18 to 22. I Directors accounted for 51 trades, •or a quarter1,251 words
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Advertisement17 2007-06-25 7 P I re t all M W e£L v JPSfISf M i HHH|k- t mm-. M mm17 words
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Advertisement200 2007-06-25 8 tp il MA ACI AMQ Ponohlo While Asian companies continue to proliferate across the region, consumers continue to gravitate HIW HOIHIIO UdUdUIW and aspire to mostly western brands. This highlights that a distance clearly exists between good Dinl/illtfl companies and great brands. As we usher in the so-called Asia century,200 words
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VIEWS FROM THE TOP
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Article, Illustration3569 2007-06-25 10 THIS WEEK'S TOPIC Is the property boom for real or is it a bubble? What does this say about prospects for the overall economy? Christopher Fossick Managing Director Singapore and South East Asia Jones Lang LaSalle STRONG economic fundamentals, regional stability and positive economic performance3,569 words
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Page 12 Advertisements
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Advertisement737 2007-06-25 12 Think ERP and CRM. Think Microsoft Dynamics'. v s* «*+< Here is a little secret that no vendor tells you According to AMR, your people, so they can get up and running quic dy and focus on what's only 15 percent of employees have licensed seats for a business process737 words
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SINGAPORE NEWS
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Article, Illustration514 2007-06-25 13 SIOW LI SEN - By SIOW LI SEN IE Singapore will open an office in Jeddah later this year to help local companies seeking to do more business in Saudi Arabia, Singapore's largest trading partner from the Middle East. More and more Singapore514 words
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Article272 2007-06-25 13 DATE/ TIME EVENT VENUE 25-28 Jun Real Estate Investment Raffles City 07 World Asia 2007 Convention Centre 7.30am 26-27 Jun HRSingapore- Bayview Hotel 07 Compensation and Benefits 9.00am Management Workshop 26-27 Jun Service Brand Management Grand Hyatt Singapore 07 in The Asia Pacific 9.30am 27 Jun 07 Be272 words
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606 2007-06-25 13 After an extended bull market, signs of a slowdown beginning to show Reuters [LONDON] Global real estate investment is still buoyant but a few cracks are starting to show as higher borrowing costs begin to bite, making 2007 a pivotal year after an extendedReuters - 606 words
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Advertisement805 2007-06-25 13 Participate in the exciting growth of the global IPO shares offer potential short term profit IPO sector through exposure to the IPOX-30 opportunities and long term price benefits 2 Global (All Markets) Index 1 t Use of dynamic investment strategy 3 with a view to achieve more stable returns Find805 words
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DINING OUT
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Article, Illustration943 2007-06-25 14 PROMOTION Hua Ting Orchard Hotel. Tel: 6734-7766 HERBAL cooking has come a long way from the kitchens of learned grandmothers and specialty restaurants not above throwing in plates of fried ants or scorpions for good measure. Imperial Herbal and Metropole are two specialty restaurants that943 words
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Advertisement13 2007-06-25 14 —I 33 Scotts Road Singapore *****6. Call 6836 0055 for reservations. Eco II13 words
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Advertisement551 2007-06-25 14 Made a loss n3K6 pvyourtilkvrarkug Sony I don'. Illf VMI! l g***"™ l J MMPHI up these professional developmen^^^j^gjjj I Always at the losins end of negotiations? Having problems conveying I I your message across to people around you? Here is a chance to ieam I I critical skills to551 words
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ARTS FEST
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Article, Illustration547 2007-06-25 15 MATTHEW PHAN - While the play is painful to watch, this reflects how effective the play is, says MATTHEW PHAN MATTHEW PHAN THE play Beijing Ren, by the late Chinese playwright Cao Yu and as performed by the Beijing People's Art Theatre, is absolutely547 words
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387 2007-06-25 15 JANICE HENG - By JANICE HENG FOR some 70 minutes last Friday evening, a field in Jurong became the gateway to another world. In the tradition of the Singapore Arts Festival's (SAF) closing celebrations, a visual spectacle complete with crowdpleasing pyrotechnics exploded to the wonder of some387 words
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Page 15 Advertisements
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Advertisement128 2007-06-25 15 Whafs on Visual Arts: Check out a —mm—— variety of installations from local and interna- Uk&AMaAag Domestic Bliss: Exploring the Myth of the Happy Home, 11am to 6pm, until Aug 5. j&MMM Sculpture Square Project: Eden, The Azhanti High Lighting, 11am to Bpm, until July 5, Nanyang Academy of Fine128 words
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Advertisement711 2007-06-25 15 RaboJet Certs offer an innovative Undertyingshares for Strles 3-. tank Limited, Singapore Exchange Limited, SembCorp Industries Limited, Keppel Land Limited opportunity to profit from the share Issue price: SGD 1.00 Lot Size: 1,000 price movement of Singapore s blue-chip Whether your market view remains bullish Maximum me of return 1711 words
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BT-CITIBANK YOUNG INVESTORS' FORUM
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Article, Illustration912 2007-06-25 16 LIN ZHAOWEI - In the third of a series on the world's greatest investors, LIN ZHAOWEI takes a look at the works of influential economist Benjamin Graham LIN ZHAOWEI KNOWN as the "dean of financial analysis" and the "father of value investing", Benjamin Graham is a legendary investor who alsoJENNIFER CHUA - 912 words
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Article, Illustration894 2007-06-25 16 JASON LOW - CAMPUS LIFE A young trader running a $5m start-up fund reveals the secrets of his success, JASON LOW reports JASON LOW HE Shuhan, 23, is both an undergraduate and the chief operating officer (COO) at Farseers a specialised asset management and investment education firm setARTHUR LEE - 894 words
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Article204 2007-06-25 16 FANCY becoming the next Warren Buffett or George Soros? Or even the famous Robert Kiyosaki? Then read on. The Young Investors' Forum, part of the BT-Citibank Tertiary Outreach Programme, isn't another dry page out of your financial textbook. To complement our editorial content, we have204 words
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Advertisement46 2007-06-25 16 citibank THE Business Times-Citibank Young Investors' Forum is published every Monday in The Business Times. It aims to raise the financial awareness of university and polytechnic students and cultivate a better understanding of business issues. The series is part of BT and Citibank's tertiary outreach programme.46 words
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ECONOMY WATCH
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306 2007-06-25 17 Bloom berg [BASEL] Chinese central bank governor Zhou Xiaochuan said he can't rule out raising interest rates again to curb inflation and take the steam out of the nation's booming stock market. "We don't rule out further rate increases if necessary," MrBloom berg - 306 words
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424 2007-06-25 17 Reuters [BEIJING] China's representative to the International Monetary Fund "regrets" changes to the fund's currency surveillance guidelines that were adopted this month despite objections from Beijing and other members, according to an in-, terview published yesterday. "Such an important revision should be adopted withReuters - 424 words
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Article, Illustration436 2007-06-25 17 Collapsed WTO talks leave trade round in limbo AFP [NEW DELHI] India's trade minister said on Friday there was no chance of a grouping of four key World Trade Organization (WTO) members breaking the deadlock in multilateral trade talks, aAFP; REUTERS - 436 words
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398 2007-06-25 17 AFP [WASHINGTON] US President George Bush risks losing his special trade negotiating powers after talks between four key players in the World Trade Organization collapsed this week, analysts said. Progress in the talks, which collapsed on Thursday in Potsdam, Germany, would haveAFP - 398 words
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690 2007-06-25 17 Inflation set to be its main concern as US economy shows signs of rebound AFP [WASHINGTON] Amid growing signs of a US economic rebound taking root, the Federal Reserve appears likely to hold interest rates steady again at its upcoming policy meeting,AFP - 690 words
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Page 17 Advertisements
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Advertisement314 2007-06-25 17 If you are facing any of the following: You need to keep your payroll absolutely confidential. Your payroll staff are bogged down, and are bored with the routine of rushing payroll every month, and there is limited room for staff development for payroll processing functions. You or your payroll staff314 words
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MALAYSIA/INDONESIA
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378 2007-06-25 18 LAUREL TEO - US$90m paid for stake in MNC, US$93m for share in Global Mediacom By LAUREL TEO in Jakarta SINGAPORE'S MediaCorp has bought a 6.5 per cent stake in one of Indonesia's largest broadcast players, Media Nusantara Citra (MNC), which made its debut on the378 words
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Article, Illustration775 2007-06-25 18 LAUREL TEO - INDONESIA INSIGHT LAUREL TEO Jakarta Correspondent LAST week, local councillor Marwan Batubara and his group of activists stormed into the national police headquarters in Jakarta, demanding that the cops revive a case against Indosat, the nation's second-largest telecommunications company. They again cast doubt on Indosat's775 words
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Article, Illustration422 2007-06-25 18 AP [KUALA LUMPUR] Europe's top envoy to Malaysia denied yesterday he had sparked a controversy with his host country by criticising its affirmative action policies for the ethnic Malay majority. Thierry Rommel the head of the European Commission delegation to' Malaysia upsetAP; BLOOMBERG - 422 words
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Article, Illustration292 2007-06-25 18 Reuters [SINGAPORE] Indonesia's trade minister said yesterday she expects the growth in the vohune of palm oil exports to be reduced by about 5-6 percentage points due to the recent increase in the palm oil export tax. Indonesia raised the export taxReuters - 292 words
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INDIA
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Article, Illustration328 2007-06-25 19 Bankers say retail portion of bank's offer poorly subscribed Reuters [MUMBAI] India's sec-ond-largest lender, ICICI Bank, raised US$4.9 billion in the country's biggest share sale, pricing it at the upper end of a range after funds scrambled to get a piece ofReuters; BLOOMBERG - 328 words
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Article, Illustration660 2007-06-25 19 AFP [BANGALORE] Entrepreneur Vishal Virani, plans to borrow nearly US$lOO,OOO to buy an apartment in the southern Indian city of Bangalore. The 33-year-old is paying back two other bank loans, but says he and his wife, who is a company executive, haveAFP - 660 words
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MIDDLE EAST
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516 2007-06-25 20 Lawmakers are upset by Riyadh's support for Hamas AFP [WASHINGTON] The US House of Representatives has voted to deny all aid to Saudi Arabia, despite repeated assurances by the Bush administration that the desert kingdom was cooperating with the United' States inAFP - 516 words
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459 2007-06-25 20 Reuters [DUBAI] State-owned smelter Dubai Aluminium Co (Dubai) will not be able to start a US$3.6 billion bauxite alumina project in the Indian state of Orissa in 2009 due to bureaucratic issues, a Dubai official said on Saturday. "Due to the bureaucratic shape inReuters - 459 words
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Article, Illustration550 2007-06-25 20 It will only drop currency peg to US dollar with support of GCC nations Reu ters [BASEL, Switzerland] The United Arab Emirates (UAE) will not drop its currency peg to the US dollar without other Gulf countries doing the same, the country'sReu ters - 550 words
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326 2007-06-25 20 Reu ters [KUWAIT] Kuwait said on Thursday it would launch a third mobile phone operator in the first quarter of 2008 once it has found a •strategic partner, heating up competition in one of the world's most penetrated markets. The Gulf ArabReu ters - 326 words
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Page 20 Advertisements
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Advertisement77 2007-06-25 20 VJUbIO 1 1«0%fWl'»"B lot 3FMI www^radio9^"j^l Radio 91.3 is managed by SPH Unionworks, a subsidiary of Singapore Press Holdings Diners Club Card To apply, call 6416 0980 I World of Exclusive Privileges Treats (mZDiners Club f mutnnmH fa.■**+»+***. I I I $106 with few flow Ghßßpijpt TMttlnjw, ft ofsBB>++*etudhBaMn»*». Singa77 words
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Advertisement13 2007-06-25 20 Delicious Szechu&mtthe to provoke m$ 1 titillate your appetjtej&a cartebun^^m. dill iimi ,J13 words
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Advertisement38 2007-06-25 20 GOOD GAINS jl- Casa Medlterranaa Restaurant and Bar 83 Disdon Road on*kto Batjaya Hotel), Tal: 8221 8486 15% off total bill with a min. spending of $30 Only when you charge to your Diners Club Card. T&C Apply.38 words
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GREATER CHINA
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Article, Illustration581 2007-06-25 21 Henry Tang is a former industrialist with close family ties to Beijing Reuters [HONG KONG] Henry Tang, appointed to the No 2 post in Hong Kong, is a high-fly-ing former textiles tycoon with close family ties to Beijing, who's tippedReuters; BLOOMBERG - 581 words
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297 2007-06-25 21 AFP [HONG KONG] Using a blend of football, fireworks and pandas, Hong Kong is pulling out all the stops for the 10th anniversary of its return to Chinese rule, with thousands of guests anticipated for a series of celebrations. Pro-democracy activistsAFP - 297 words
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314 2007-06-25 21 Residents refuse to move, use gas bombs in protest AFP [BEIJING] Thousands of protesters clashed with police in eastern China last week after security teams moved in to forcefully relocate families involved in a housing dispute, a rights group said yesterday. Residents refusing toAFP - 314 words
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247 2007-06-25 21 AFP [SHANGHAI] A businesswoman has become the latest wealthy Chinese to be arrested for fraud after police alleged she had raised investment funds illegally, state-con-trolled media reported on Saturday. Dong Lixiong, 29, from eastern Zhejiang province had received more than 300 million yuan (5560.5AFP - 247 words
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Page 21 Advertisements
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Advertisement64 2007-06-25 21 iHi >i' w« ifflini f i' TFfHBI > ri| 'W v *6? "y 1 M T J m i I mH/r.-. -jaßpStoi I i" :M I fcljljPgl «S \ti. »f a Jf WJHM 1 f 1 HnHBS s gj^^am^M^aaw^m—^■ mm&l y&3 WMIMMBwM 1 "11 ■fiffir'iiffl IQ^^ 1 7 ">*?.^S^^^^S^mßWiw^Mbl^K ;^^^^BMMH|^HMM64 words
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ASIA-PACIFIC/WORLD
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510 2007-06-25 22 Thailand to seek his extradition if found guilty on criminal charges: minister AP Reuters [SINGAPORE] Thailand will investigate the source of the funds that ousted prime minister Thaksin Shinawatra will use to buy Britain's Manchester City soccer club, the Thai FinanceAP; Reuters - 510 words
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181 2007-06-25 22 Reuters [TOKYO] Japan's Prime Minister Shinzo Abe pledged yesterday to deal with the chaos in the pensions system ahead of an Upper House election next month, as a newspaper reported that 100 million yen (Ssl .23 million), and possibly more, hadReuters - 181 words
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Article2738 2007-06-25 22 Transaction date: Jun 22 For a full listing of the dosing prices, log on to BT Online at http://business-times.asia1 .com.sg after 11.30pm every trading day HONG KONG vot HKS 000 Aeon Credit 6.76 unch 238 Aeon Stores 12.00 0.30 184 Angang Steel 17.00 -0.20 ***** Anhui Conch 52.002,738 words
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Article, Illustration476 2007-06-25 22 AFP [LONDON] The London Stock Exchange confirmed on Saturday that it is buying Borsa Italiana for 1.6 billion euros (553.27 billion), bolstering the LSE amid takeovers of European stock markets by US rivals. Shareholders of the Milan exchange will receive 4.90 LSE Group picAFP - 476 words
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914 2007-06-25 22 Andrew Marks - WALL STREET INSIGHT Renewal of worries over subprime loans fallout and Bear Stearns hedge fund woes hit market By Andrew Marks in New York LIKE a punch-drunk boxer, Wall Street traders were hit over and over again last week by nervejangling914 words
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AVIATION/SHIPPING
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862 2007-06-25 23 Bloomberg [DUBAI] Airbus SAS, the world's largest maker of commercial aircraft, won orders and commitments valued at US$32 billion from Arab customers at the 2007 Paris Air Show, as Middle Eastern carriers snubbed rival US supplier Boeing Co. Airbus got firm contractsBloomberg - 862 words
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Article2322 2007-06-25 23 CITT HJ6WT ITA FUOIT UP Ab« Dhabi SQ455 1230 MlWdi LH9771 1750 LH9770 2345 SO268 1750 S0269 2345 Amsterdam L***** 0630 AZ3993 2245 SQ323 0630 KL838 2245 AZ3992 1555 L***** 2345 KL837 1555 SQ324 234? Athens SQ348 0100 N117TF 2230 Atlanta AC5202 2335 AC5203 0645 UA8952,322 words
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234 2007-06-25 23 [SEOUL] Daewoo Shipbuilding Marine Engineering Co, the world's third-largest shipyard, has received new orders worth US$3 billion so far this month, a record for monthly new contracts won by a single shipbuilder. Daewoo Shipbuilding secured orders for 21 vessels in June, including three very234 words
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Article520 2007-06-25 23 SECURITIES TRADING SCOREBOARD MAIN SDQ TOTAL U» Down Utfc Up Down IMdl Up Down Uedi Multi Ind 14 5 0 0 0 0 14 5 0 Manufacturing 130 70 31 W 16 3 1W W 34 Commerce <0 16 6 20 2 4 <0 H TO Tpt/Stof/Comms 30 9 4520 words
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Article, Illustration342 2007-06-25 23 He may take 20% stake in budget airline Fly Asian Express: report AFP [KUALA LUMPUR] British billionaire Richard Branson of Virgin Group is touted to be taking a stake in Malaysia's new Air Asia long-haul budget airline, the Star newspaper reported. Mr Branson willAFP - 342 words
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Page 23 Miscellaneous
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Miscellaneous185 2007-06-25 23 CRYPTIC CROSSWORD DOWN (9) Across: 2 Secret police, 8 Both, 9 2 Take on work (6) 14 Found out such appliances Gelatine, 10 Charcoal, 11 Minnow, 3 One asking for more tobacco are dangerous (9) 12 Wait and see, 13 Legume, 16 perhaps (5) 15 A hot jne f or185 words
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Article11431 2007-06-25 24 SGX MAINBOARD Week ended: Jun 22 52-wfcs Tel Last Vol Week Last Quote Div Gr YM Net M Cap Wall l—r Cede Cwf> Sale fWt) HWi Uw »mrer SdMr Cw Ml Um 15 2 5716 1st Software J vnp (4 20 5 6 3148 8Telecom 19.5 .2 *****11,431 words
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Advertisement104 2007-06-25 24 Not been making the most of the marketsf Then it's time to trade CFDs with City Index Asia. M-' '"'»*''-^s*,••• •'i'ii 'ii. i"» i flfc'aifes<t .'< .*fe Trade multiple maifeete torn Tirade long onhort on live matin* one account price. Manege your risk with slop loeeee end TmdeHoc*s l ß104 words
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Article7076 2007-06-25 25 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES la local curt In SS I" UM dy r *1 «•> lun 22 Indti Change Owy Changg Change Change Chjnqc World Index Preliminary ***** -05 7 4 0.3 8 4 -0.4 8.1 SAFE Preliminary ***** -14 7 7 12 83 3.3 8.4 Europe7,076 words
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BizIT
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386 2007-06-25 30 Move to reduce use of memory after customer complaints Re uters [BOSTON] Trend Micro Inc said on Friday it is revamping its PC security software to reduce the amount of memory it uses to address customer complaints the product slows down their computers. TheRe uters - 386 words
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Article, Illustration653 2007-06-25 31 WINSTON CHAI - Kabel-X says its solution removes hassle from laying the 'last mile' By WINSTON CHAI A LITTLE-KNOWN company called Kabel-X could hold the key to upgrading Singapore's broadband infrastructure without causing major headaches to drivers and residents. The Austrian company has set up operationsKABEL-X - 653 words
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Article, Illustration482 2007-06-25 31 WINSTON CHAI - Firm will beef up high-end offerings and will also target low-end segment By WINSTON CHAI KOREAN handset giant Samsung plans to support high-speed mobile Internet access across a wider range of premium phones while concurrently releasing more products to'target the low-end segment482 words
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Article, Illustration467 2007-06-25 31 WINSTON CHAI - By WINSTON CHAI NETWORK equipment giant Juniper Networks is hoping to get a cut out of two major government deals that will be finalised this year to further boost its fortunes in the region. The Infocomm Development Authority of Singapore (IDA) is set to467 words
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572 2007-06-25 31 Bloom berg [SAN FRANCISCO] When Richard Mount needed more processing power for Stanford University's particle accelerator, he did not have room in his fourstorey building for a bunch of new computers. So he put them in the parking lot. Sun Microsystems Inc willBloom berg - 572 words
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Article, Illustration464 2007-06-25 31 ROLAND LIM - <what's up> Compiled by ROLAND LIM Irdeto opens S'pore office DIGITAL content security specialist Irdeto opened its Singapore office earlier this month as part of its Asia-Pacific expansion plans. The Singapore office will be its sales and marketing hub for the Asia-Pacific area. Its other regional offices are in Beijing,464 words
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Article185 2007-06-25 31 Bloomberg [SAN FRANCISCO] Apple Inc, teasing consumers awaiting its highly anticipated iPhone, has posted a video tour of the device's features on the Web. Apple e-mailed a link to the 20-minute video, called iPhone: A Guided Tour, to people who signed up for newsBloomberg - 185 words
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BizIT-IN'SPIRE ROUNDTABLE
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Article, Illustration2625 2007-06-25 32 Some vendors feel that building a collaborative partnership with customers can be a way to out-innovate the competition CUSTOMER-FOCUSED INNOVATION OVERVIEW EVERY organisation knows that innovation is what could set it apart from the rest of the competition and now, more than ever, its pursuit is2,625 words
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Article, Illustration848 2007-06-25 30 AMIT ROY CHOUDHURY - Office to be responsible for 70% of the firm's revenue, writes AMIT ROY CHOUDHURY AMIT ROY CHOUDHURY Sg arris Stratex Networks, a leading supplier of wireless network solutions like microwave radio relays, is betting big on the nggggß Asia-Pacific region and has848 words
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Advertisement198 2007-06-25 30 Sown nagee ara atnulMd CBOO7 Strang BKtranW Co. Lid. i .f ;-j '*»■s'•' li? >v '4 <i"'i' s^^^ptBl3 ryfjyHHßn 1 < v £l§ J V ..V V iSflp jjjj J'?4;;V '<|*| \%> f v:^jj|§ mmmam ||M WM, ra ipiiffairiM 1 H^ wfflfc; I V imagine a colour laser multi-function printer198 words
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Advertisement7 2007-06-25 30 ROUNDTABLE Better ideas from customers PG 327 words
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Advertisement22 2007-06-25 32 Brought to you by iN'sptreteam I en* shining rod dot Team members: HP. ST Electronics, Cisco Systems, Microsoft Consulting services provider Accenture22 words
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