The Business Times, 5 July 2007

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Total Pages: 32
1 32 The Business Times
  • 22 1 THE BUSINESS TIMES Thursday, July 5,2007 online at http://business-times.asia 1 .com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION MICA (P) 202/12/2006 SINGAPORE 85 cents
    22 words
  • 747 1  -  Tally of hedge fund managers here jumps 76% to 190 By CONRAD TAN [SINGAPORE] Singapore's booming asset management industry saw its sixth consecutive year of doubledigit growth in 2006, boosted by continuing worldwide interest in Asia's rapid economic expansion, the Monetary Authority of
    BLOOMBERG  -  747 words
  • 132 1 STI 3,554.85 (-14.58) ST INDEX FUTURES 3,559.00 (-15.00) SIMSCI 437.16 (-2.53) SIMSCI FUTURES 437.60 (-2.10) MARKETS Wednesday Change KLCOMP 1,377.14 +4.00 NIKKEI 225 18,168.72 +18.82 HANG SENG 22,218.55 +67.41 SET INDEX 825.45 +11.93 JAKARTA COMP 2,196.10 +6.99 MANILA COMP 3,731.66 -20.33 SEOUL COMP 1,838.41 +32.91 SHENZHEN B 678.02
    132 words
  • 990 1  -  They may not have factored in additional supply generated by latest govt initiatives By KALPANA RASHIWALA [SINGAPORE] The URA yesterday said property consultants' projections of office rent hikes like Savills' projection last week that Singapore office rents could surpass Hong Kong's by
    990 words
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  • TOP STORIES
    • 385 2 Blackstone to buy Hilton for US$20b plus debt US private equity firm Blackstone Group agreed on Tuesday to buy Hilton Hotels Corp for about US$20 billion plus debt, the richest in a series of recent private equity offers for hotel companies. Blackstone will pay US$47.50 per share in
      385 words
    • 699 3 The US private equity firm agrees to pay 32% premium to Hilton stock price Reuters, AFP [LOS ANGELES] US private equity firm Blackstone Group agreed on Tuesday to buy Hilton Hotels Corp for about US$2O billion plus debt, the richest in a
      Reuters,; AFP  -  699 words
    • 579 3  -  Antony Leung had divulged currency peg policy details By JANE MOIR in Hong Kong SECURITY chiefs in Hong Kong have drawn fire from lawmakers for refusing to say whether they are investigating a former financial secretary for allegedly flouting official
      AFP  -  579 words
    • 851 2  -  Ex-NKF chairman and wife arrested; S'pore to initiate extradition process By MICHELLE QUAH [SINGAPORE] Former National Kidney Foundation (NKF) chairman Richard Yong and his wife were arrested in Hong Kong yesterday —just two months after the couple fled Singapore. Yong, who
      FILE PHOTO  -  851 words
    • 524 2  -  Only 15 Japanese companies polled hit by some piracy By CHUANG PECK MING [SINGAPORE] The progress Singapore has made in protecting intellectual property rights (IPR) is mirrored in a recent survey, which shows only 17 per cent of 87 Japanese
      524 words
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    • 271 2 npnnlp ur r sum MfArlf includes Fortune Vwf? 8 500 companies. www.thepeopleatwork.com Asia-Pacific Executive Search In 9 I nratinncl m 12 14 September 2007 17-19 September 2007 in L LQUailOnS. Orchard Hotel Singapore The Park Lane Hong Kong Compelling insights from the most respected Communication Leaders, Experts and Bloggers! H
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  • COMPANY NEWS
    • 575 4  -  Surge in trading driven by interest in marine sector, STI By R SIVANITHY THANKS to a surge of interest in warrants on the marine sector as well as the Straits Times Index, turnover in the warrant segment for the first half
      FILE PHOTO  -  575 words
    • 625 4  -  HOCK LOCK SIEW By CONRAD RAJ THE offer by Bharti Airtel, one of India's largest telcos, of a 4.99 per cent stake to Singapore investment company Temasek Holdings raises an interesting question: Why wasn't Singapore Telecom (Sing Tel), which already has
      625 words
    • 356 5  -  By JANICE HENG NEW Oculus executive chairman Mike Lee Kheng Siang plans to turn the former contact lens maker into an energy play, starting with the proposed acquisition of a China hydropower plant. The plant is expected to bring 80-85 million yuan
      356 words
    • 251 5  -  By RONNIE LIM OILFIELD equipment supplier SSH Corporation part of Indonesian tycoon Kris Wiluan's oil trio here has clinched three contracts totalling $37.8 million. The largest contract worth $29.8 million is for Sime Darby Engineering Malaysia. It covers steel plates needed by
      251 words
    • 670 5  -  By VEN SREENIVASAN PROPERTY group Heeton Holdings could recoup its entire initial investment in its exclusive The Lumos condo by selling just two penthouses and a few midsized units during this weekend's pre-invitation launch. The company is confident that over a third of the
      670 words
    • 569 4  -  Group says 80% of its housing loans are to owner-occupiers By CHOW PENN NEE THE red-hot property market has thrust banks into the spotlight over their heavy lending to developers and property owners. Some have said that banks might be
      FILE PHOTO  -  569 words
    • 384 5  -  Interest likely to build ahead of results as market remains robust By CHARMIAN KOK GIVEN the healthy market momentum, interest in broking firms is likely to build up ahead of their release of second-quarter results and this may offer investors shorterterm trading opportunities, says
      384 words
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  • SINGAPORE MARKETS
    • 532 6  -  STOCKS Momentum in blue chips and second-liners stalls due to Wall Street holiday R SIVANITHY Senior Correspondent OMENTUM conjjffe tinued to be the name of the game yesterday, though this time punters were not as fortunate as they were earlier in the week
      Source: Bloomberg  -  532 words
    • Article, Illustration
      951 6 SECURITIES TRADING SCOREBOARD MAIN SIX) TOTAL Up Down Undi Up Down (Inch Up Down Unch Multi Ind 5 7 6 000 576 Manufacturing 101 71 59 21 20 15 122 91 74 Commerce 28 20 33 6 11 8 34 31 41 Tpt/Stor/Comms 16 16 12 0 12 16 J7
      951 words
    • Article, Illustration
      925 6  -  By UMA SHANKARI Low Keng Huat July 4 dose: 550.895 UOB Kay Hian. July 3 DUCHESS Residences, a 30:70 joint development between UOL and LKH, began previewing last week, with 85 per cent of the units having been sold at a price of 551,700-1,800 psf, significantly higher than
      Source: Bloomberg  -  925 words
    • 478 6 CURRENCIES Reuters [LONDON] Sterling yesterday jumped to a 26-year high versus the dollar for a third day, vaulting US$2.O2 and showing no signs of vertigo so far against a broadly weak dollar that stayed near record lows versus the euro. The greenback, dogged
      Reuters; AFP  -  478 words

  • COMPANY NEWS
    • 458 7 It's asked banks for proposals to fund Leedon purchase Bloomberg GUOCOIAND Ltd may borrow as much as $1 billion, a record loan for the Singa-pore-based developer as rising demand for homes boosts prices in the city-state, bankers said. GuocoLand asked banks
      Bloomberg  -  458 words
    • COMPANY BRIEFS
      • 97 7 Sinwa in JV with sole Nordic shareholder SINWA Limited has formed a three-year joint venture with Morten Innhaug, the sole shareholder of Nordic International. Of Sinwa's US$2 million outlay, US$25,000 will be for acquiring shares from Mr Innhaug for a 50 per cent stake in Nordic. The remaining will be
        97 words
      • 86 7 Waterbus operations along Dubai Creek. The duration for the contract is two years. Asian Micro wins $3.25m Thai contract ASIAN Micro Holdings has won a $3.25 million contract from Thailand Postal Services to convert 500 of its postal diesel trucks into dual diesel fuel-operated trucks within 12 months from mid-July
        86 words
      • 98 7 Greater China management team in business development, sales, operations and marketing. They are Darlington Tseng, Wu Wei Dong, Gu Yiming and Stephen Paul Thompson. TT major owners to apply for extra shares TT International said two of its substantial shareholders have undertaken to apply for any unsubscribed rights shares at
        98 words
    • 508 7  -  Those with at least US$50m in assets formed bulk of its new clients in 2006 By SIOW LI SEN BNP Paribas Private Bank Asia has formed a team to better service its ultra-rich clients in Singapore amid intense competition. These ultra-rich clients, defined
      FILE PHOTO  -  508 words
    • 583 8  -  Simultaneously, it must develop renewable energy sources like solar, biomass, fuel cells By RONNIE LIM SINGAPORE is trying to attract at least one more world-scale oil refinery investment here, even as it develops renewable energy areas like solar, biomass and fuel cells, the
      583 words
  • Page 7 Advertisements
    • 98 7 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 staff
      98 words

  • SINGAPORE NEWS
    • 310 8  -  By ARUN JOHN INTERNATIONAL cruise operator Costa Crociere has entered into a global marketing partnership with the Singapore Tourism Board, which will help Costa in the regional travel market. The new partnership, announced yesterday, will bring joint marketing initiatives and promotional campaigns in
      310 words
    • 590 8  -  Singapore Season China is a month-long programme featuring 26 arts events By PARVATHI NAYAR PEOPLE in Beijing and Shanghai are to be offered a glimpse of the artistic life of Singapore. The Singapore Season China 2007 marks the second in a
      ARTHUR LEE  -  590 words
    • 473 8  -  By JAMIE LEE SINGAPOREANS are increasingly choosing to invest in the stock market as they remain confident about the economy and the job market, a new research study shows. About 30 per cent of Singaporeans said they would invest in stocks and shares,
      Source: Nelsen  -  473 words
    • 193 8 DRAGGED down by weak bookings, the certificate of entitlement (COE) premiums for most vehicles fell yesterday, continuing a downward trend that started in late June. Except for COE prices for motorcycles, which gained $29 to $1,082, premiums fell across the board. COE prices for
      193 words
    • 379 8  -  By GRACE CHUA A PROJECT to increase the early detection and treatment of gastric cancer will receive $25 million over the next five years, under the Translational Clinical Research (TCR) programme run by the National Medical Research Council (NMRC). Translational and clinical research
      379 words
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  • Page 9 Advertisements
    • 575 9 K"'. s iV 3r: kj -#V -•>- v s r A; '<?<•■• -y,TL.. ■V- *<'"** T* Ti *?\a/\-- >*,% s*v-»> *'v" v sw^jßflraw- ■••':^yag^j>y■w- ■'••rlfcr *«**^»*S|r" »7'•>•*&£- £&/'•>■ ■*m 'fajK *3'" a i v i/kiftdTti"-\jfcjfrjSfrgy' vfr&i U* •%yAfc^-' 1 1 yi. Hi m .;y >p. y v r Altitude Hj
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  • SINGAPORE INTERNATIONAL
    • 1105 10  -  Singapore companies have a golden opportunity to exploit if they use appropriate market-entry strategies, reports CHUANG PECK MING CHUANG PECK MING CINGAPORE companies have what it takes to grab a slice of the lucrative mobile and wireless communications market in i the United States
      AFP  -  1,105 words
    • 443 10 A SINGAPORE homegrown company usually starts its business here, expands on sales to the domestic market, then strikes out to other parts of Asia. Some of these homegrown business ventures make it beyond the region, but there are still too few of them. Genometri
      443 words
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    • 250 10 13 jars- The Business Times SINGAfOK* Singapore r* a; ■;,.x 'd'X A Ready for Global Opportunities? Hear from top Asian business leaders on opportunities in internationalisation and trade: Dr William K Fung, Group Managing Director, Li Fung Limited I Mr Subramaniam Ramadorai, CEO Managing Director, Tata Consultancy Services Limited I
      250 words

  • ECONOMY WATCH
    • 468 11  -  Military spending to rise 24.3% to fund insurgency fight in the south, says PM By OUR CORRESPONDENT in Bangkok THAILAND'S military installed government yesterday adopted a 1.66 trillion baht (5579.7 billion) budget for the fiscal year 2007-08, which showed an increase of
      468 words
    • 610 11 Reuters [TOKYO] There is no economic reason for the Bank of Japan (BOJ) to hold off from raising interest rates until August or later given steady growth at home and improvement in the global economy, a former central bank official said
      Reuters  -  610 words
    • 293 11 AFP [BANGKOK] Japanese firms in Thailand are beginning to reduce their investments in the kingdom due to the strong baht and negative perceptions about the investment climate, a survey said yesterday. Japan is Thailand's biggest foreign investor, but a survey of
      – AFP  -  293 words
    • 734 11 NEWS ANALYSIS Regional currencies thus set for faster appreciation Reuters [SINGAPORE] Rising asset prices and the mounting cost of foreign exchange intervention are prompting Asian policy makers to step back from markets, setting the stage for a faster rise in
      – Reuters; AFP  -  734 words
  • Page 11 Advertisements
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    • 141 11 60 Reasons To Feast Again Savour delectable dishes in our popular '60 Dishes Deluxe Feast' such as Braised Shark's Fin Soup with Crabmeat, Shredded Pork with Garlic Sc Chilli Sauce, Chengdu Diced Chicken with Spicy Bean Paste and many more. Lunch: Adult $35.80, Child $24.80 (Sat, Sun Public Holiday) Dinner:
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    • 4 11 HPISMV g_ I^TTVI fg?"
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  • MALAYSIA/INDONESIA
    • 532 12  -  Malay traders can import any make, model of used cars By S JAYASANKARAN in Kuala Lumpur THE Malaysian government has moved, once again, to liberalise the issuing of auto-import permits, popularly referred to as Approved Permits, or APs. This time, however,
      532 words
    • 198 12 Bloomberg [KUALA LUMPUR] Smoke haze in Malaysia from forest fires in Indonesia reached "unhealthy" levels in parts of the northern state of Kedah, the Department of Environment said. The air pollutant index exceeded 100 in Sungai Petani town in Kedah, the department said on
      – Bloomberg  -  198 words
    • 232 12 Bloomberg [JAKARTA] Palm oil refiner Wilmar International has broken the law by using fires to clear forest land for estates, Friends of the Earth Netherlands said. But the company denied the allegation, saying it has a "zero burning policy in place". PT Wilmar Sambas
      Bloomberg  -  232 words
    • 497 12  -  But new rules don't affect existing stakes and those already being processed By LAUREL TEO in Jakarta INDONESIA has issued more caps on foreign ownership in various sectors, tightening the limit in areas seen as "strategic", such as telecommunications and public
      REUTERS  -  497 words
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    • 211 12 IN ASSOCIATION WITH THE STRAUS TIMES www.glohalttrandlorum.org %>lfcl r«. »a,;TgiVl aav-l >^M IV IiJHM •lif |jf» 11>1 I w l -^g^^lp |I|l3|l 1 *p^ ON WHAT IT TAKES TO CREATE LEADER ORANDS The most anticipated brand forum in Asia returns this August for two days only at the Ritz-Carlton, Millenia
      211 words

  • GREATER CHINA
    • 582 13 Overseas banks earn total 3b yuan profit in Jan-May, growing faster than locals Bloomberg [SHANGHAI] Profit growth at Citigroup Inc, ABN Amro Holdings NV and other foreign banks in China tripled this year after they were allowed to offer local-curren-cy
      Bloomberg; XINHUA FILE PHOTO  -  582 words
    • 269 13 AP [BEIJING] Chrysler Group signed a deal yesterday with China's biggest car maker, Chery, to manufacture small cars to export to the United States and other markets. The deal marks the first attempt by a major US car maker to use
      – AP  -  269 words
    • 365 13 Reuters [BEIJING] Nearly a fifth of goods Chinese quality inspectors checked in the first half of this year were below standard, the government revealed yesterday as it faced continued pressure over toxic and potentially dangerous exports. The General Administration of Quality Supervision, Inspection
      – Reuters  -  365 words
    • 226 13 AFP [BEIJING] China's environment is close to breaking point and the situation is endangering people's lives, one of the nation's top an-ti-pollution officials said in comments published yesterday. Pan Yue, an outspoken vice-minister at the State Environmental Protection Administration, said campaigns to clean up
      AFP  -  226 words
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      383 words

  • INDIA
    • 353 14 World's biggest whiskey market acts after US, EU complain of 'excessive' tariffs of 20-150% Bloomberg [MUMBAI] India, the world's biggest whiskey market, scrapped an additional import tax on liquor, wine and beer after the US and the European Union complained the duty curbed
      Bloomberg; BLOOMBERG  -  353 words
    • 181 14 It will sell global depository receipts or bonds overseas Bloomberg [NEW DELHI] Sun Pharmaceutical Industries Ltd, India's biggest drugmaker by market value, plans to raise as much as 35 billion rupees (Ssl .3 billion) overseas. Sun Pharmaceutical, controlled by billionaire Dilip Shanghvi, will
      Bloomberg  -  181 words
    • 580 14 Bloomberg [NEW DELHI] Anil Ambani, India's second-richest man, said he could raise one trillion rupees (5537.6 billion) to invest in his energy, telecommunications and finance group to tap opportunities in the world's second fastest-growing economy. The 48-year-old chairman of the Anil Dhirubhai
      Bloomberg  -  580 words
  • Page 14 Advertisements
    • 2715 14 iSS MOTirFS X J X AV- -> 1 C-/ Toll free: 1800-289-8822 Email: notices@sph.com.sg BUY IT-SELL IT FIND IT NETELUSION LIMITED (Incorporated in Bermuda with limited liability) NOTICE IS HEREBY GIVEN that the Annual General Meeting of NETELUSION LIMITED ("the Company") will be held at Room Queen 5, Level 5,
      2,715 words
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  • MIDDLE EAST
    • 485 15 Sources say shares will be offered at 10.25-10.5 riyals apiece Bloomb erg [DUBAI] Kingdom Holding Co, billionaire Saudi Prince Alwaleed bin Talal's investment company, is preparing to offer shares to Saudi individuals in an initial public offering that values the business at as much
      – Bloomb erg  -  485 words
    • 368 15 Reu ters [DUBAI] Abu Dhabi is poised to sell the first government bonds from the oil-exporting United Arab Emirates federation to help create a benchmark for companies working on its multibillion-dollar projects. Abu Dhabi, the biggest UAE emirate and the world's
      – Reu ters  -  368 words
    • 8984 15 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (S pore) Star Europe Eqty!" 1.147/ Star Europe Bond 1179/ Star Europe Bal i1 284 Star Asian Tiger Eqty 1.576/ Star Asia Bond 1317/ Star Asia Balanced 1.142/ Star Global Technology Fund!" 0.235/ MultiStFd 1.002/ Star Asia Bond(USD) 0.865/ Gib Multi St USD
      8,984 words
  • Page 15 Advertisements
    • 80 15 Allianz Global Investors one of the world's largest asset managers with more Allianz (fij) than US$l.2 trillion assets under management as at 31 December 2006. Wf&L FROM YOUR MISTAKES "This time is different" are among the most costly four words in market history. JSk FRANKLIN TEMPLETON |&k Tell us about
      80 words

  • ASIA PACIFIC/WORLD
    • 581 16 It says not enough being done to assess customers' ability to afford mortgages Reuters [LONDON] Britain's financial watchdog yesterday accused lenders and brokers in the subprime mortgage market of not doing enough to check that customers can repay loans and warned poor practices
      Reuters  -  581 words
    • 212 16 Bloomberg [SYDNEY] British Broadcasting Corp journalist Alan Johnston, held by Islamic militants in the Gaza Strip for about four months, was freed yesterday. Johnston, 45, was released into the custody of the Palestinian movement Hamas in Gaza. Cable News Network broadcast images of the reporter flanked by
      – Bloomberg; AP  -  212 words
    • 2505 16 VOL Jul 4 RM COOO) A M Realty 2.85 0.06 53 Abnc Bhd 0.30 -0.01 103 Advance Synergy 0.34 unch 2941 Adventa Bhd 1.70 0.07 2447 Ae Multi Hldgs 0.32 0.01 61 Affin Holdings 2.51 unch 2070 Ahmad Zaki Resou 4.10 0.68 1629 Aic Corp 0.60 0.03 27
      2,505 words
    • 465 16 -AFP [LONDON] Britain remained on high alert for a terror attack yesterday as reports emerged that some of the suspects in custody in connection with failed car bombings in London and Glasgow were known associates of those under surveillance. Among the eight suspects so
      -AFP  -  465 words
    • 331 16 [BEIJING] North Korean leader Kim Jong II said tensions are falling on the Korean peninsula and signalled that the communist state is ready to begin dismantling its nuclear programme, China's state-run news agency reported. "Some signs of easing on the Korean peninsula have
      331 words
    • 543 16 -NYT [LONDON] Before Gordon Brown took power as Britain's new prime minister, there was much talk about whether the electorate would warm to the dour, methodical and detail-driv-en Scot, particularly after so many years of soaring oratory from his predecessor, Tony
      -NYT  -  543 words
    • 339 16 Other problems include leaks and scarce elevators Reuters [NEW YORK] The New York Times just moved into a new US$6OO million, 52-storey building and all people want to talk about is the mice. Or the leaks. Or the screwy elevators. "There are going to
      Reuters  -  339 words

  • Page 17 Advertisements
    • 4463 17 MOTIfFS X V J JL X j I Toll free: 1800-289-8822 Email: notices@sph.com.sg BUY IT SELL IT FIND IT IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 LIVING MOBILE ASIA PTE LTD COMPANY REGISTRATION NO. *****3077E (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the Company convened
      4,463 words

  • AVIATION
    • 559 18 US plane maker's first model in 13 years, the 787 boasts several revolutionary features -AFP [WASHINGTON] The eyes of the aviation world will be fixed on Boeing here on Sunday when the US aircraft giant unveils its 787 Dreamliner, the "green"
      -AFP  -  559 words
    • 292 18 Parent carrier shifting routes to cut costs Bloomberg [TOKYO] Subsidiaries of Japan Airlines Corp, Asia's largest carrier by sales, will boost overseas flights by about 70 per cent as they take over routes from the parent company to cut its operating costs. JALways Co,
      Bloomberg  -  292 words
    • 216 18 Reuters [ROME] Rome is sceptical over the interest of one of the two bidders left in the auction of Alitalia but is not looking at alternative plans to salvage the airline, Italy's Transport Minister Alessandro Bianchi said yesterday. Mr Bianchi's comments came
      – Reuters  -  216 words
    • 367 18 It agrees to let transit travellers carry duty-free goods with them Reuters [BRUSSELS] New rules to end thousands of litres of duty-free alcohol and perfume being poured down the drain daily at European Union (EU) airports have been agreed by EU transport officials,
      – Reuters; BLOOMBERG  -  367 words
    • 147 18 Bloomberg [NEW DELHI] Jet Airways (India) Ltd, the nation's biggest domestic airline, had its profit estimate cut by Citigroup Inc because of expected losses on new international routes such as the United States and Canada. Citigroup cut the profit estimate by 41 per cent
      Bloomberg  -  147 words
    • 261 18 Reuters [BRUSSELS] The European Commission formally adopted proposals yesterday to ban all Indonesian airlines from EU air space and warned Angola that retaliatory measures would not help get its airline off the EU's blacklist. The executive European Commission backed recommendations from
      Reuters  -  261 words
    • 2426 18 CITY FLIGHT ETA FLIGHT ETD MmMmM S0456 lloo MMl LH9771 1750 LH9770 545 SQ26H 1750 SQ269 2345 MkmHHi SQ531 0710 illll SQ323 0630 AZ3993 2245 AZ3992 1555 KL838 2245 KL837 1555 L***** 2345 SQ324 2345 AilW SQ348 0100 MM AC5202 2335 AC5203 0645 IA895 2335 LA896
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  • Page 18 Miscellaneous
    • 311 18 CRYPTIC CROSSWORD ACROSS 1 Popular firm and writer mak- 1 2 3 PP K 8 ing profit (6) mm h 4 Gloria's material to cover--9 Mend poorly instrument broby number more stocky (8) mostly dresser 14 Notice keen hug misinter- TT~ preted ironically (6,2,5) I I I I I 1
      311 words

  • SHIPPING
    • 624 19  -  Number of attacks exceeds 2006's tally; latest victim is Danica White By DONALD URQUHART [SINGAPORE) A renewed surge of piracy and armed attacks on shipping off the coast of Somalia has prompted the International Maritime Organisation's governing council
      FILE PHOTO  -  624 words
    • 330 19 SGX *000 Jul 4 S$ *1- Vol Ch Offshore 0 76 unch 1259 Chuan Hup Hldgs 0 43 unch 4319 Cosco Corp 3 92 0 06 ***** Cwt Limited 1 06 0 01 1965 Ezra Hldgs 6 50 0 50 1694 Freiqht Links 0 15 -0.01 ***** Grand
      330 words
    • 595 19 Bloomberg [HONG KONG] China Merchants Holdings (International) Co, the owner of stakes in the country's five largest container ports, may invest in more dry-bulk terminals because of surging Chinese imports of iron ore and coal. "We are studying China's
      Bloomberg  -  595 words
  • Page 19 Advertisements
    • 1677 19 V 4 T M il r A A 1 A A fil m I kI ai JM I Tal 1H *v m NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg BUY IT-SELL IT-FIND IT LOST SHARE CERTIFICATE The following share certificates have been reported lost, destroyed or mislaid:Nome of Company Certificate No.
      1,677 words

  • EDITORIAL & OPINION
    • 550 20 EDITORIAL THE surging market in mergers and acquisitions (M&A) in the region this year while music to some ears may make it increasingly difficult for Singapore companies to make overseas acquisitions. In Asia, excluding Japan in the first half, M&A activity jumped 56.4
      550 words
    • 792 20  -  THE BOTTOM LINE ANTHONY ROWLEY Tokyo Correspondent BEING the tenth anniversary of the outbreak of the 1997 Asian currency crisis, this week has been an occasion for much introspection on the part of regional policymakers. And yet, for all the soul searching, it
      792 words
    • 990 20  -  With strong growth and a pro-business policy, the country is another dynamic emerging economy By MOHAMMED LUFTI BACK in 2004, when investment bank Goldman Sachs first raised the catchy idea of the BRIC nations (Brazil. Russia, India and China) as the next
      AFP  -  990 words
    • 1341 21  -  Key concern is to avoid the perception that Singapore is protectionist By LIM CHONG KIN THE coming into force of the merger control provisions in the Competition Act on July 1 marks the final phase in the implementation of competition law in Singapore.
      1,341 words
    • 628 21  -  By STEPHEN CASTLE -IHT MOVES to tear up vast fields of grape vines, drain a "lake" of surplus wine and cut prices to consumers are expected to prompt a fierce debate Wednesday as Europe contemplates the cost of its love affair with the grape.
      -IHT  -  628 words
    • 355 21  -  EDITORIAL& OPINION Ang Hao Yao I REFER to the article "Danger lurks even as the good times roll" (BT, July 2). In the article, the writer reminded us of the Asian fi-nancial-crisis of a decade ago and pointed out that despite the appearance
      355 words

  • Page 21 Advertisements
    • 92 21 up to 50% off Rimowa Luggages, pilot cases, attache cases, beauty cases and professional camera cases. Goldpfeil Travel Bags, Cabin Trolley, Suite Bags, Handmade Briefcases and Leather Wallets Offermann laMI Trolley and Cabin Bags, Computer Trolley Bags, Garment Trolley Bags, Briefcases and many small items made with canvas or fine
      92 words

  • 12281 22 SGX MAINBOARD Transaction date: Jul 4 52-wks Tel Last Vol Day Last Quote Div GrYld Net M Cap High tow Code Company Sale ('000) High Low B uyer Seller C'vr P/E Smil 3.5 2 5716 1st Software 2 susp 84 205 6 3148 8Telecom 19 unch 1347 19.5
    12,281 words

  • 7895 23 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In local curr In S$ In US$ dy yr dy yr dy Syr Jul 3 Index Change Change Change Change Change Change World Index Preliminary 1189.2 0.5 8.0 '0.3 8.6 0.4 9.4 EAFE Preliminary 1200.5 0.7 8.4 0.5 9.7 0.6 10.5 Europe Preliminary
    7,895 words

  • Page 24 Advertisements
    • 1261 24 UK CONTINENT SERVICE U.S.A SERVICE Destination Destination MARITIME MASTER RDM/ATW/UK PACIFIC PIONEER CAM/NFK/SAV/NOl Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia MIPPLE-EAST SERVICE F.EJS.E.A. SERVICE Destination Destination VOYAGER V DBI/ABU/DOH/BRN/DMM/KWT BRIGHT MORNING INC/BSN Loads Singapore, E./W. Malaysia, Indonesia Loads E. Malaysia, Indonesia OTHER SERVICES Tramping for bulk, breakbulk, mineral
      1,261 words
    • 793 24 pi DONGNAMA LINE COMTAimWIP MWVICB VESSEL (EVERY SUN) VOY I SGP HKG (HD TKY TOR KOK MOL GLORY ***** 08/07 17/07 16/07 17/07 19/07 MMUKKTY *****115/07 19/07 23/07 24/07 26/07 VESSEL (IVIRY SAT) VOY SGP I HKG PUS INC TAO SIX SINGAPORE 709N 07/07 11/07 15/07 17/07 19/07 IS KEIANG
      793 words
    • 491 24 Wlw WALLENIUS WILHELMSEN LOGISTICS website: http://www.2wglobal.com vessel vor »w "height sin l»c map ~sav bal qrf TEXAS AF72I 4201 m 6.4 M 12/07 OMIT 11/01 22/01 2S/08 25/08 TAMERLANE AF722 3201 MS 6.4 M 29/07 20/01 29/08 02/09 06/09 04/09 TAMO AF723 4201 MS 6.4 M 09/08 02/09 11/09 15/09
      491 words

  • THE BUSINESS TIMES Shipping Times
    • 5387 25 This ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number To ABU DHABI (AUH) 2004 U. A. Emirates 15/07 26/07 SCI EMIRATES KABIR 727W *****355 To ADELAIDE (ADL) 2007 Australia 15/07 03/08 China Shpg ANL WINDARRA 005S 65J***** 15/07 03/08 PTDjakarta
      5,387 words
  • Page 25 Advertisements
    • 1448 25 WAN HAI INTERNATIONAL PTE LTD at NO: 1U*****000/I V TEL: *****588 (14 LINES) FAX: *****163 V\M IA/AN HAI I INr\ Customer Service/Bookings Direct line (1800) *****200 Y fwHll I Inl LlllLJ Pitt IE; (03) 334MSSS FAX: (03) *****25S PIN TIL (04) *****00 FAX: (04)*****99 V JOHIH: (07) *****23 FAX: (07)*****21
      1,448 words
    • 971 25 rnXDBi I VESSEL VOY PKL SIN I KHI PXB BAB DMM BIK KHO IRAN SATTARI PCLB2O4 03/07 04/07 13/07 16/07 17/07 23/07 2S/07 27/07 IRAN TABATABAEI PCLB2O6 06/07 07/07 16/07 19/07 20/07 26/07 28/07 30/07 IRAN BAABAII PCLB2O7 16/07 17/07 26/07 29/07 30/07 05/08 07/08 09/08 VESSEL VOY SIN NHS
      971 words
    • 754 25 WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICO POINTS VESSfJ VOY SIN P>IA*G COLOMBO SHCVA COLOMBO WvtwpHi am SUM Mi BJUL '2 Jul itM MAKIVU 01 iW 10 JUL II JUL I4IUL IB JUL ??JUL KOTA PAHIAWAH WHOM 19 JUL OMIT OMIT V JUL 31 JUL
      754 words


  • BizIT
    • 17 27 By 2020, televisions on standby will consume 1.4 per cent of all domestic electricity. Energy Saving Trust
      17 words
    • 899 27  -  Most are satisfied with their current operating system. AMIT ROY CHOUDHURY reports AMIT ROY CHOUDHURY RECENT survey by IT research agency IDC shows that MicroJfe soft's Windows vista operating *l| system (OS) plat*~i form has yet to entice Singapore businesses
      FILE PHOTO  -  899 words
    • 241 27 Bloomberg [SEOUL] Apple Inc sells its new iPhone handsets at more than double production costs, according to estimates by ISuppli Corp, a technology industry researcher. The eight-gigabyte model, which retails at US$599, has component and manufacturing costs of U*****.83, El Segundo, California-based ISuppli
      – Bloomberg; AP  -  241 words
    • 302 27 Reuters [LONDON] Flat-screen televisions, computers and other high-tech gadgets will use nearly half of a typical household's total electricity by 2020, an energy conservation body said in a report yesterday. The Energy Saving Trust (EST) said consumer electronics will overtake kitchen appliances and lighting
      Reuters  -  302 words
    • 122 27 Bloomberg [BEIJING] LG Electronics Inc, Asia's second-largest mo-bile-phone maker, will offer Google Inc's You Tube vid-eo-sharing service on its handsets by the end of this year. The handsets will allow users to watch videos and upload them directly to the You Tube
      – Bloomberg  -  122 words
    • 444 27  -  By ARUN JOHN BROADBAND entertainment content in the region is set to enjoy a significant boost with the newly established partnership between M2B World Asia Pacific and Videofashion Network, the world's largest fashion programming source. With this partnership, leading regional broadband entertainment provider M2B
      444 words
  • Page 27 Advertisements
    • 208 27 Need a New Web Host? Switch to Webvislons for the following key differences: 1 st tier Date Center management not remotely managed 24/7 true round-the-clock mission-critical support Multiple upstream providers for redundancy and uptime P°int s of Presence "Network Operations Centre" "Dedicated Servers" j Powerful, reliable mission- JHVHk Protect your
      208 words

  • PROPERTY
    • 679 28 Redevelopment potential makes them attractive to developers looking for underutilised parcels in busy locations -NYT {NEW YORK] It may seem surprising, but when it comes to land for residential or commercial development, gasoline stations clean up nicely, real estate brokers say. As a
      -NYT  -  679 words
    • 479 29 Its Asian funds have done better than other regions in the past 3 to 4 years Bloomb erg [SINGAPORE] LaSalle Investment Management, a unit of the world's sec-ond-largest commercial real estate broker, said it plans to triple its investments in Asia to
      — Bloomb erg  -  479 words
    • 364 29 Company making good progress particularly in Europe, Asia-Pac: analyst Bloomberg [LONDON] DTZ Holdings Pic, the company that helped JPMorgan find a new base in London, said annual profit rose 36 per cent as acquisitions contributed to higher fee income. Net income advanced to
      — Bloomberg  -  364 words
    • 328 29 Reu ters [LONDON] British house prices rose slightly less than expected in June, suggesting higher interest rates are beginning to take their toll on the property market, a survey showed yesterday. Mortgage lender Halifax said house prices rose 0.4 per cent
      – Reu ters; BLOOMBERG  -  328 words
    • 712 31 Shares of high-profile player surge 30% to record HK$16; it's said to be asking HK$20 a share Reuters [HONG KONG] Hong Kong property firm Chinese Estates Holdings Ltd is in talks with investors on a possible buyout of the firm, valued at
      Reuters  -  712 words
    • 332 32  -  It pays $42m for 47,400 sq ft site with 8 semi-Ds in private treaty By UMA SHANKARI LIAN Beng Group has acquired a cluster of eight freehold semi-detached houses along Mountbatten Road for $42 million through a private treaty, the company said yesterday.
      332 words
    • 288 32 INVESTMENT in billion-dollar "trophy" real estate has accelerated in 2007, US-based property firm Jones Lang LaSalle (JLL) said yesterday. So far this year, real estate investors have purchased 14 real estate assets worldwide for over US$l billion each the same number as for
      288 words
    • 1319 32 PROJECT NAME; PROP CONTRACT TENURE BUILT-IN AREA PRICE PSF PROJECT NAME/ PROP CONTRACT TENURE BUtHNAAEA PRJCE PSF PROJECT NAME/ PROP CONTRACT TENURE BUILT-IN AREA PRICE PSF STREET NAME TYPE DATE (SQ FT) (SS'OOO) (St) STREET NAME TYPE DATE
      1,319 words
  • Page 28 Advertisements
    • 186 28 8 River Valley Close 128,300 sq ft of Prime Freehold Residential Land in District 9 RfSMIIBI Rivergate Tribeca Singapore Great World The Trillium The Cosmopolitan (u/c) (u/c) River City (u/c) (u/c) BSi »fc SSMKS 3 i| I Collective Sale of 1 W k- Pacific Mansions Park The Hotel Istana p,aza
      186 words
    • 119 28 Sentosa Coral Island, 2 Units Land Bungalow TOP Aug 07, Sea view all round. Pte Berth Bungalow in Binjai Area, Superb land area of ***** sq ft. Priced To Sell Draycott Park, 2673 sq ft. High floor c;LJ~r £1 oy/I vkyj: v W/r^HJfa iS '*v^ -"^f' ,>jfi ri ijD J
      119 words

  • Page 29 Advertisements
    • 262 29 is astrid Estate in Fee Simple I—• Land Size (21, 375 sqft.approx) /K J 9 Good Class Bungalow Zoning *<* —yj/ Wide Frontage Corner Plot pj? f Perched on Elevated Ground /> 2 Storey with Basement and /V ffr M [f V v 4 Covered Parking a x, /V A
      262 words
    • 118 29 For Sale by Tender Prime Residential Redevelopment Site at Dist 09 Scotts Square Wheelock The Orchard drd oad Place Residences rCh N9 Ann Ro *d Crty Somerset f mrt 3 d c*^° a %\o Orchard f J I I Rd TOCBD so M <? w U River Valley Rd g
      118 words

  • Page 30 Advertisements
    • 433 30 _*> ia7l *V. p^ V A ivW Hhhhihhihmhh^^^H t. |lJj|3NNF^^HE£^ l^^^^^^Hßwiniil^W^BHHHmffWl King Albert Hanry PK Pk i j nk Sch rXviO Link Methodist Canadian Girls' Sch ejp lnt'l Sch Discover a contemporary enclave in Prime District 11 Duchess Residences. Col jeii°a ra9e Hol s a c n h dse Comprising
      433 words

  • Page 31 Advertisements
    • 272 31 FOR SALE BY TENDER MgaS&mmiiu MMII 111 k L-* Al■■ n 11 EB>f J I CHOICE FREEHOLD RESIDENTIAL SITE (DISTRICT 15) I—II -J l —j 16-22 A PULASAN RD L£t eg 1 Land Size: 21,334 sq ft koon seng rd —lor j TeloJ JriRAiT" Potential Alienation of State Land rs
      272 words
    • 304 31 PARAMOUNT HOTEL AND gSSS SHOPPING CENTRE 25 Marine Parade Road and 30 East Coast Road Prominent double main road frontages Freehold site area of 102, 684 sf outline Approval for Plot Ratio 3.0 (for "Hotel") Existing Plot Ratio 2.36 2 00K* I I KATOKMOffwI MTOMS m I i X cot*
      304 words

  • Page 32 Advertisements
    • 112 32 A 6 storey building with good frontage (approx.) Site area: 13,461.45 sq.ft (approx.) Total Gross Floor Area: 36,761.76 sq.ft(approx.) I RARE HILLTOP I GOOD CLASS BUNGALOW I CAMDEN PARK I A I Land Size: 30,438 sqft (approx) C<£y I Regular shaped land I Possible to subdivide into 2 GCB plots
      112 words