The Business Times, 26 November 2007

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Total Pages: 65
1 65 The Business Times
  • 26 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asial .com.sg mm A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 202/12/2006 Monday, November 26,2007
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  • 715 1  -  SIOW LI SEN Mounting inflation makes it tempting to borrow, but things may change in the long run By [SINGAPORE] Rising inflation may be starting to worry policymakers and the man on the street, but it has had an interesting
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  • 561 1  -  NISHA RAMCHANDANI Electronic gadgets expected to roll off shelves as Xmas approaches By [SINGAPORE] When Santa comes calling this Christmas, he will probably be lugging a lot of electronic gadgets around. No wonder, the retailers have plenty to cheer about.
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  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • 42 1 DINING OUT II Personal touches iT'Jil go a long way |k M^ PAGE 13 BizlT IBM invests in 3 centres of excellence PAGE 36 ft^^J Mr- A~"* v im m |k Safe pair of hands at Australia's helm pages 2 and 22
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    • 37 1 VIEWS FROM THE TOP Asean common market: how effective? PAGES 10 11 ASIA MEDIA l^ta^fflßH fc^ >^ THEIR WINGS v Look out for our 30-page special on the top Enterprise 50 J|l^^_ companies. Free with your BT today.
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  • TOP STORIES
    • 569 2  -  CONRAD TAN Countries that let currency strengthen will be better off By [SINGAPORE] Inflation poses a bigger and more immediate threat to countries in Asia than a US economic recession, said a senior equity strategist. Emerging-market countries that allow their currencies to strengthen
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    • 615 2 Kevin Rudd's stance on workplace laws, climate change wins him the vote [BRISBANE] Kevin Rudd's Labor Party has won Australia's election, ending John Howard's 11-year rule after promising to tackle climate change, restore workers' bargaining power and withdraw Australian troops from Iraq. Labor
      AFP  -  615 words
    • THREE-MINUTE DIGEST
      • 59 2 INFLATION is a bigger and more immediate threat to Asian countries than a US economic recession. According to JPMorgan, there is a roughly one-in-three chance of a brief recession in the US, with the economy shrinking in the first half of 2008, then
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      • 83 2 THE great wave of money that has flowed out of Japan for several years into investments ranging from US Treasury bonds to Asian stock markets is finally subsiding, in the face of a sliding US dollar and of new regulations that
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      • 71 2 STRONG earnings growth and upgrades of earnings forecasts by stock analysts have sustained the share prices of banks and other financial stocks in Asia better than their Western counterparts in the past few months, said Citigroup strategists. Even then, Asian financial stocks have lagged
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      • 66 2 DESPITE weaker business sentiment, companies are generally more optimistic about prospects in Singapore than overseas, a survey has shown. In terms of business prospects overseas in the next six months, the 137 local and foreign firms surveyed cited Vietnam as being bright, particularly
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      • 101 2 US retailers had a robust start to the holiday shopping season, according to results announced by a national research group that tracks sales at retail outlets across the country. According to ShopperTrak RCT Corp, which tracks sales at more than 50,000 retail
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      • 84 2 SOME global investment banks are hearing the sound of a bubble bursting in China's booming stock market. It has experienced a 20 per cent correction, which has wiped out 5 trillion yuan from the market in less than six weeks. But
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      • 43 2 INDIA'S central bank has granted state refiners licence to hedge half of their oil inventories for the first time, helping stabilise earnings amid high and volatile prices, company officials said on Friday. INDIA, PAGE 20
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      • 50 2 IBM is investing Ssso million to establish three centres of excellence here which will employ over 100 when fully operational. The trio comprise an engineering design campus, a product development laboratory and a supply chain transformation centre of competence. BIZIT, PAGE 36
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    • 685 3  -  ANTHONY ROWLEY Likely results will be strong yen, Tokyo stock market rally, analysts say in Tokyo THE great wave or tsunami of money that has flowed out of Japan for several years into investments ranging from US Treasury bonds to Asian stock markets is finally
      685 words
    • MARKETS DIGEST
      • 54 3 Weekly Change 3,325.89 -115.07 iT Index I COMP 1,353.55 -33.09 IIKKEI 225 14,888.77 -265.84 IANG SENG 26,541.09 -1073.34 ;et index 824.25 -24.82 JAKARTA COMP 2,584.35 -84.35 1ANILACOMP 3,478.94 -120.02 ;eoulcomp 1,772.88 -153.32 ;henzhen B 681.66 -25.79 IUMBAI IND 18,852.87-845.49 )OW 12,980.88 -195.91 IAS DAI 2,596.60 -40.64 ;&P 500 1,440.70
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      • 31 3 BT print subscribers get free access to the Business Times Online. To activate your account, log on to http: //business-times.asial .com.sg. For more information, e-mail btocs@sph.com.sg or call 6388-3838.
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      • 29 3 SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 7.50 INDONESIA 15.483 TAIWAN 6.156 JAPAN 1.875 KOREA 9.33 BRITAIN 5.75 US 7.75 CANADA 6.25 SWITZERLAND 4.08 INDIA 12.75 Source: Bloomberg
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      • 39 3 IS$ (S$ )er US$) 1.442 (USS/SS )er£) 2.072 2.98' ;URO(US$/S$/E) 1.493 2.152 'EN 107.70 74.7I 3.365 2.33c N<$ 7.777 5.39! !AHT 33.82 23.4I lUPIAH 9,368 6,49! 1ENMINBI 7.402 5.13 INDIAN RUPEE 39.54 27.4: 1.149 0.79' IZ$ 1.331 0.92
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    • 537 3  -  MATTHEW PHAN They performed no worse than liquid funds, SMU study shows By [SINGAPORE] Highly-lever-aged hedge funds and those holding illiquid securities did no worse than their counterparts during the month of August 2007, when worries over subprime loans in the US
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  • Page 2 Advertisements
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    • 9 2 people t Corporate V\fOrK matchmakers. www.thepeopleatwork.com Asia-Pacific Executive Search
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  • Page 3 Advertisements
    • 118 3 If you are in any of these situations: W^^^^^i^ You are entrusted to set up new business in Singapore, either with overseas or local partners, and don't know how and where to begin You want to focus on growing your business, you need a trusted partner to help keep watch
      118 words

  • COMPANY NEWS
    • 754 4  -  CONRAD TAN But they lag behind other sectors due to doubts over recent market turmoil By STRONG earnings growth and upgrades of earnings forecasts by stock analysts have sustained the share prices of banks and other financial stocks in Asia better than their
      754 words
    • 358 4  -  UMA SHANKARI CNTD to take 80% stake in the 11-sq m township project By CHINA New Town Development Company (CNTD) announced on Friday that it has entered into an agreement to develop all sq km township project in Changchun, China. CNTD will have an
      358 words
    • 752 5  -  R SIVANITHY UST like initial public offerings (IPOs), the placement business is a funny one sometimes it can be hugely lucrative for all concerned but often, it can lead to painful losses. As is the case with most things in the stock market, it looks
      752 words
    • 395 7 BANKS ABN Amro Bank NV 5.5 Agricultural Bank Of China 5.5 ANZ Banking Group 6 American Express Bank 5.75 Arab Bank PLC 5.5 Banca Di Roma Singapore branch 6.5 Banco Bilbao Vizcaya Argentaria, S.A 6 Bangkok Bank 6 Bank Julius Baer Co. Ltd(S) 5 Bank of America
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    • 103 7 OCBCBank's group treasury customers had a good time last Thursday as the Dim Sum Dollies had them tickled and lapping up their antics at a customer appreciation dinner. More than 300 customers attended the event and went home with OCBC's recent 'Stay Curious' campaign's large
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  • Page 4 Advertisements
    • 921 4 In the Matter of The Companies Act, Cap. 50 And In the Matter of GREEN POINT (S.E.A.) PTE LTD (In Members' Voluntary Liquidation) (Co. Reg. No. *****0159D) NOTICE OF FINAL GENERAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50, the Final General
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  • Page 5 Advertisements
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  • SINGAPORE MARKETS
    • 683 6  -  R SIVANITHY STOCKS THE subject of last week's column was whether bounces on Wall Street and more rate cuts by the US Federal Reserve might help ease some of the selling in equity markets, but would ultimately amount to only
      683 words
    • 1053 6 Legends: US$; Rmb; HK$; A) As; Pound; Rupiah; Yen; Euro; AA) Baht; RM; Peso; AAA) Rs; NT$; (ab) Cash/Bonus; (af) Dividend/Distribition; (ai) Final; (am) Final Special Tax Exempt (One-Tier); (ao) Final Tax Exempt (One Tier); (au) First and Final; (aw) First and Final Net; (az) First and Final
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    • 368 6 AFP CURRENCIES [HONG KONG] Asian currencies ended last week mostly up against the US dollar, with the notable exception being the Australian unit, over one US cent lower on the previous week. Japanese yen: The yen surged last week as investors dumped the dollar
      AFP  -  368 words
    • 348 6 AFP COMMODITIES [LONDON] The price of crude oil surged to a record peak close to US$lOO a barrel in New York trading last week, on the back of a falling US currency and tight energy supplies. Precious metal futures mostly rebounded as the
      AFP  -  348 words
    • 1750 6 Source: Reuters recommendation esti- EPS PE target price This wk Last mth mates (cents) (ratio) price lompany name Mlco Comm REIT 1.60 1.60 5 5.49 16.21 1.56 0.89 .llgreen Properties 3.20 2.90 10 9.24 15.81 1.74 1.51 ,mara Holdini 1.33 1.67 1.23 56.35 1.10 0.68 |ua-Terra Su Co.
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    • 4 6 WEEKLY
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    • 3 6
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    • 48 6 Nov 23 VALUE CLOSE -1641.00 +364.0 BT OB/OS BT CADI -*****.00 +80.00 BT 10-day MA -*****.00-164.00 All-SG Equities 924.36 +5.16 SG Equities Elect 100.86 -0.17 SG Equities Fin 2288.13 -0.80 SG Equities Prop 1318.60 -4.40 SiMSCI 404.99 0.91 SiMSCI Future 405.00 2.00 PrimePartnersCI 239.12 1.40
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    • 61 6 ChinaNTown 227,163,000 u iMa| ileT 202,669,000 Yam izijianc 159,308,000 DBSMBLeCW*****1 123,334,000 China Hone jxinc 112,940,000 UOB MBL eCW*****4 106,021,000 Sine iTel 104,909,000 STXPOKW100 97,107,000 Noble Gri 91,177,000 Gems TV 89,072,000 VALUE(S) DBSGri 985,637,170 UOB 549,874,402 Ca i Land 480,582,431 Kei Con 405,731,980 >inc iTel 387,816,426 SGX 360,614,397
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    • 94 6 CLOSE UP 8030 302.6 2.7 GLD 10US$ DBSDBePW*****7 52 22.0 73.3 STI 3500SGAePW*****9 64.5 21.0 48.3 SPC 790 20.0 2.6 ux 322 18.0 5.! Kim Enc Hid 229 18.0 8.5 STI 3200SGAePW*****0 38 13.0 52.0 STI 3700SGAePW*****7 59 12.5 26.9 STI 3400SGAePW*****0 61.5 12.0 24.2 Unisteel 168 11.0 7.0
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    • 114 6 Closing prices are in trading currencies, but absolute difference is in Ss. China H 10US$ BY CENTS CLOSE DOWN 2040-158.5 -5.1 JMH 2600-115.3 -3.0 SGX 1230-100.0 -7.5 CoscoCori iDBeCW*****5 85.5 -89.5 -51.1 UOB 1880 -80.0 -4.1 IS MSCI India 100 895 -79.3 -5.8 Jardine C&C 1790 -70.0 -3.8 Venture
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    • 87 6 Nov 23 CHNG CLOSE FR Nov 22 YR 2007 S$ LOW S$ HIGH USS 1.4435 0.43 1.5479 1.4363 Euro 2.1397 0.51 2.1639# 1.9913 Pounds 2.9791 0.47 3.1194 2.9323 AS 1.2592 0.60 1.3555 1.1741 Yen* 1.3302 0.28 1.3821 1.2285 Rill iia.V 0.***** 0.16 0.***** 0.***** Baht* 4.2669
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    • 1423 8  -  TEH HOOI LING OUR portfolios suffered severe drubbing last week as the fallout from the credit crunch in the US took its toll on the economic outlook. In the US, the Federal Reserve reduced its economic growth forecast, while Freddie Mac, the second-big-gest buyer
      1,423 words
    • 1217 8  -  ROBERT HALILI INSIDE MARKETS By THE further correction in the Singapore market, which saw the Straits Times Index decline by 3.3 per cent last week, resulted in another surge in buying by directors and substantial shareholders. A total of 69
      1,217 words

  • Page 7 Advertisements
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  • Page 8 Advertisements
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  • SINGAPORE NEWS
    • 491 9  -  OH BOON PING Vietnamese market also seen as highly attractive in latest BT-UniSIM survey By [SINGAPORE] Despite weaker business sentiments, firms are generally more optimistic about prospects in Singapore than overseas, a survey has shown. Also, business prospects in Vietnam appeared bright, particularly in
      491 words
    • 279 9  -  UMA SHANKARI 3y A RETAIL podium at Malacca Centre in Raffles Place has been put up for sale. The 999-year leasehold property comprises of ground and basement floors and has direct frontages to the main road. The sellers are an investment holding company,
      279 words
    • 235 9 THE bodies of the five Singaporean dragon boat racers missing since Friday in Cambodia's Tonle Sap River were recovered yesterday. Cambodian Prime Minister Hun Sen has written to Prime Minister Lee Hsien Loong conveying his "shock and sadness" at the tragic accident. The
      235 words
  • Page 9 Advertisements
    • 84 9 ■■~v v mjjf 'y You know us anywhere kyour serv'ce |?|i Thank you for making us the stars ■-^i Along with our other 215 award winners, y^ and 1 SuperStar Award, Maybank takes the lead in the banking and l financial services sector in the 2007 Excellent Service Award. We
      84 words

  • VIEWS FROM THE TOP
    • Article, Illustration
      3563 10 THIS WEEK'S TOPIC In what ways will a common market help Asean businesses compete more effectively? What needs to be done to achieve this vision? Matthew Chan Managing Director Schott Singapore A COMMON Asean market will help businesses to compete more effectively through a consolidated economy and
      HEINZ GUTERSOHN/STOCKXPERT  -  3,563 words


  • DINING OUT
    • 671 12  -  Cheah Ui-Hoon NEW RESTAURANT Zhou Kitchen 368 Alexandra Road The Copperdome, Anchorpoint Tel: 6473 1123 All of us have our list of family favourites, but unless you're a Tjioe or Zhou, according to the hanyu pinyin version of the name you'd hardly think of setting
      671 words
  • Page 12 Advertisements
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  • DINING OUT WITH citibank
    • 724 13  -  JAIME EE POWER Lunch By GRACE Ban dislikes the term "power lunch". "Even if it's for business, the guest is always at the centre of our choice of restaurant and food we want to provide an enjoyable yet productive experience," says one of the
      ARTHUR LEE  -  724 words
    • 562 13  -  Jaime Ee NEW RESTAURANT Cugini Restaurant Lounge Bar #01-27/28 Robertson Walk Tel: 6836-9541 EVERY time one happens to be in the Robertson Walk area at lunchtime, the same questions pop up: Why is there hardly anyone in the restaurants? Why don't they just close during
      562 words
  • Page 13 Advertisements
    • 36 13 From now till Nov 30, 2008, Citibank cardmembers enjoy 15% off total food bill at Cugini. Brought to you by citibank L^ I m QfTZy- Your Citibank guide to gourmet pleasures this week f I/H K
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    • 223 13 Indulge in festive dining with some exclusive deals from Citibank Conrad Centennial Singapore Pastry Palette Up to 20% off festive goodies from 28 Nov Oscar's -15% off buffets Pastry Palette Tel: 6432 7309 Oscar's Tel: 6432 7481 Singapore Marriott Hotel Up to 15% off festive goodies from 30 Nov Forecourt
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • 963 14 CHEN HUIFEN highlights some key economic data and explains what they reveal about a country's commercial performance N PREVIOUS instalments of this section, we looked at how companies' annual reports and financial ratios can help give an idea of the value of individual firms.
      JACQUELINE PHUA  -  963 words
    • 961 14 CAMPUS LIFE tudents use clever strategies in inter-varsity finance competition in the Philippines, says CHARM lAN KOK LAST month, five Singapore Management University students had the rare opportunity to fly to Manila for the prestigious annual Intercollegiate Finance Competition (ICFC). The highly-competitive event not only
      961 words
    • 204 14 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 have
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  • Page 14 Advertisements
    • 46 14 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.
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  • ECONOMY WATCH
    • 537 15 -AP Total sales surged 8.3% to USslo.3b on Friday, the day after Thanksgiving [NEW YORK] US retailers had a robust start to the holiday shopping season, according to results announced by a national research group that tracks sales at retail outlets across
      -AP; REUTERS  -  537 words
    • 592 15 -AFP MNCs with China operations account for big chunk of its profits [BEIJING] The European Union is facing a huge trade deficit with China but its own companies are partly to blame for the imbalance, said analysts ahead of the annual Sino-EU
      -AFP  -  592 words
  • Page 15 Advertisements
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      494 words

  • MALAYSIA/INDONESIA
    • 578 16  -  S JAYASANKARAN MALAYSIA INSIGHT Without a foreign partner, the carmaker's long-term viability is in doubt MALAYSIA has finally decided to allow national carmaker Proton to go it alone, sans foreign partner. There will be no Volkswagen or General Motors to hold its hand in the
      578 words
    • 279 16 Reuters [JAKARTA] The head of Indonesia's Supreme Audit Agency (BPK) has said that it had found evidence that a foundation linked to Bank Indonesia had illegally paid MPs and funded legal assistance for top central bank officials. Anwar Nasution, head of the external auditor for
      – Reuters  -  279 words
    • 167 16 -AFP [KUALA LUMPUR] Malaysia and India will begin negotiating a free trade agreement in January 2008, a report said on Saturday. Rafidah Aziz, Malaysia's trade minister, was quoted as saying that a bilateral trade pact could boost Malaysia's exports to India by
      -AFP  -  167 words
    • 533 16 [PETALING JAYA] Affin Bank Bhd is ready to embark on mergers and acquisitions (M&As) locally and regionally and the bank had recently obtained board approval for the aggressive move outwards, Starßiz said quoting sources. However, this must be done within the bank's financial
      533 words
  • Page 16 Advertisements
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  • GREATER CHINA
    • 801 17 Reuters Valuations at a more reasonable level based on economic fundamentals [SHANGHAI] A near 20 per cent correction has wiped five trillion yuan (***** billion) off China's booming stock market in less than six weeks, and some global investment banks now hear the
      – Reuters; AFP  -  801 words
    • 373 17 Bloomberg [BEIJING] China has urged local governments to set up an early warning system to ensure sufficient oil supplies at filling stations, which face shortages across the nation, the state-run Xinhua News Agency reported. The Ministry of Commerce ordered local authorities to
      Bloomberg  -  373 words
    • 370 17 Bloomberg Chief denies bank plans to buy stake in Standard Chartered [BEIJING] Industrial and Commercial Bank of China Ltd has "insufficient" assets overseas and seeks more investments abroad, president Yang Kaisheng said, even as he denied the lender plans to buy a stake in
      Bloomberg  -  370 words
    • 97 17 -AP FRENCH President Nicolas Sarkozy standing in front of Qin Terracotta warriors in Xian, yesterday, at the start of a China visit overshadowed by trade disputes but expected to net US$2O billion in business deals. Despite Mr Sarkozy's criticisms of China's reluctance
      -AP; AP  -  97 words
  • Page 17 Advertisements
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  • INDIA
    • 587 19 Trading fuel swaps or futures cushions swings in the value of their stockpiles [NEW DELHI] India's central bank has granted state refiners licence to hedge half of their oil inventories for the first time, helping stabilise earnings amid high and volatile prices,
      587 words
    • 376 19 Bloomberg Analysts need to make transparent recommendations [NEW DELHI] India's regulator has asked analysts to make greater disclosure to protect investors in a stock market that has almost doubled in a year to US$l.5 trillion. "I would urge that collectively, this profession must address
      – Bloomberg; BLOOMBERG  -  376 words
  • Page 19 Advertisements
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  • MIDDLE EAST
    • 603 20 NYT PEACE TALKS 60-year conflict between Israelis, Palestinians has become entrenched [ANNAPOLIS] Israeli and Palestinian leaders gather here today under American tutelage, with Arab foreign ministers in attendance amid anxiety about Iran, to try again to negotiate an end to nearly 60 years of
      NYT  -  603 words
    • 199 20 Bloomberg [DUBAI] Investors in Persian Gulf states including Saudi Arabia and the United Arab Emirates are spending US$2.4 trillion on local construction projects as oil earnings boost economic growth, a study found. The US$l2O billion King Abdullah Economic City project in Saudi Arabia is
      – Bloomberg  -  199 words
  • Page 20 Advertisements

  • ASIA PACIFIC/WORLD
    • 556 21 -AFP AUSTRALIAN ELECTION His policy priorities will ultimately benefit the economy: analysts [SYDNEY] By revamping itself behind a fiscal conservative, Australia's Labor Party has overcome big business fears that its election victory could set back the country's economic boom, analysts say. Australian Industry Group
      -AFP  -  556 words
    • 530 21 Reuters Wayne Swan vows to keep public spending tight [SYDNEYIThe return to power of Australia's Labor party on Saturday will propel former academic and cancer survivor Wayne Swan into the key job of Treasurer, putting him in charge of the nation's economic management. Mr
      – Reuters; AP  -  530 words
    • 432 21 -AFP [LOS ANGELES] Hollywood stars were among thousands of people who found themselves homeless yesterday after wind-driven wildfires gutted nearly 50 mul-ti-million dollar homes in the celebrity enclave of Malibu and forced scores of local residents to flee. Fires erupted at around 3.30
      -AFP  -  432 words
    • 382 21 -AFP [ISLAMABAD] With names like Next, McDonald's and Rolls-Royce appearing in Pakistan's cities, evidence of growing foreign investment is easy to see but analysts warn that emergency rule could put it all at risk. President Pervez Musharraf imposed a state of emergency
      -AFP  -  382 words
    • 2737 21 Transaction date: Nov 23 For a full listing of the closing prices, log on to BT online at http://business-times.asial.com.sg after 11.30pm every trading day Vol ■000 HK$ \eon Credit \eon Stores \ngang Steel \nhui Conch \nhuiexpressway \sia Satellite \sm Pacific-100 Sank Of E Asia Seida Jade Bird Jeijing
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  • WORLD
    • 775 22  -  ANDREW MARKS WALL STREET INSIGHT Holiday shopping season gets strong kick-off, good news on credit front FEAR may rule Wall Street at the moment but US stock investors looking for a reason to hope for a rebound this week may just have found
      BLOOMBERG  -  775 words
    • 527 22  -  NEILBEHRMANN HEDGE fund and private equity shares have been among the worst stock market performers during the past few months. Fortress, which manages around US$43 billion and Blackstone, with assets under management of US$36 billion, were listed in the first half of
      527 words
    • 314 22 Reuters [LONDON] Oil output from the Organisation of Petroleum Exporting Countries (Opec), excluding Iraq and Angola, is set to remain steady in November as lower supply in the United Arab Emirates (UAE) offsets increases in other members, a consultant said last Friday.
      – Reuters  -  314 words
  • Page 22 Advertisements
    • 47 22 jobs cars property shops ST t> &ik tU vtaM; stuff I ■fffifffiSi ivi •win i 4* V tfT^ Lianhe Zaobao I >"•■•* SB7jWS*»? 24 11 2007 Four businessmen Hsl share views on the fi££ moneyand i| attitude ijl business 11 '"China fl stuffwww.ST7oi.cOM I jobs cars property shops
      47 words
    • 536 22 Ifc^ PT BERLIAN LAJU TANKER Tbk 1^ (The "Company") Domiciled in Jakarta, Indonesia NOTICE TO THE EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS The Board of Directors of PT Berlian Laju Tanker Tbk, domiciled at Wisma BSG 10* Floor, Jl. Abdul Muis N0.40, Jakarta ***** (the "Company") hereby invite the Shareholders of
      536 words
    • 140 22 BANK MANDIRL^w Singapore Branch We are pleased to announce that as of 26th November 2007, our office will be relocated at: 3 Anson Road #12-01/02 Springleaf Tower Singapore *****9 Our phone, fax, telex numbers and other details remain unchanged Tel (65) 6213 5688 (General) (65) 6213 5680 (Dealers) Fax (65)
      140 words

  • AVIATION/SHIPPING
    • 452 23 Bloomberg AirAsia also plans to increase ticket surcharges to meet higher fuel costs [BANGKOK] AirAsia, South-east Asia's largest budget carrier, plans to add eight overseas destinations at its Indonesian unit next year, as it gets more planes. PT Indonesia AirAsia will expand
      – Bloomberg; AFP  -  452 words
    • 220 23 Bloomberg LONDON] British Airways pic, Eu"ope's third-biggest airline, may increase its stake in Spanish carrier [beria Lineas Aereas de Espana SA ;o head off attempts by Spanish inrestors to block a foreign takeover. Spanish lender Caja Madrid is ouilding a
      Bloomberg  -  220 words
    • 283 23 aernama [KUALA LUMPUR] Budget airline Firefly plans to fly to Kuala Terengganu and Johor Baru from Sultan Abdul Aziz Shah (SAAS) Airport using its third Fokker 50. In a statement here last Friday, managing director Eddy Leong said that the number of
      aernama  -  283 words
    • 249 23 Xinhua [ABU DHABI] Dubai Ports (DP) World, the world's third-largest port operator, has awarded a contract for building a container terminal worth US$l5O million in India, local newspaper Gulf News reported on Saturday. Simplex Consortium, a publicly traded civil engineering and
      – Xinhua  -  249 words
    • 310 23 Bloomberg [HONG KONG] Sinotrans Shipping Ltd tumbled 13 per cent on its Hong Kong trading debut last Friday as a drop in iron ore and coal freight rates caused investors to sell bulk-shipping stocks. The company slumped to HK$7.l2 from its offer
      ' – Bloomberg  -  310 words
    • 270 23 -AFP [BERLIN] The European aerospace group EADS might cancel the sale of factories owned by its aircraft manufacturing unit Airbus and group them instead into a new division, a press report said over the weekend. The European Aeronautic Defence and Space Company might
      -AFP  -  270 words
    • 2409 23 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), Al Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), Bl Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR
      2,409 words
  • Page 23 Miscellaneous
    • 324 23 CRYPTIC CROSSWORD ACROSS each (2 5) 5 Thief's initial motive for BJ BJ BJ BJ BJ BJ BJ 9 The Corrs, a fantastic band BB 10 Decree contributing to grief -r\ 11 Artist in country, first to ex- Bfl Bfl Bfl Bfl pose absurd pretence (7) __BBBBBBBBL_MH__^BL__HH__BH__ (3,6) 17 Tons
      324 words

  • ASIA MEDIA FESTIVAL
    • 1160 24 The Asia Media Festival is emerging as Asia's foremost market for media content, writes sureimdreim apparoo IN its sixth year of existence, the Asia Media Festival (AMF) has come a long way from its foundling start. It is now emerging strongly as Asia's foremost
      1,160 words
    • 1793 26 Overview: SINGAPORE will host the world's leading names in the media industry at the most important trade event in Asia, as they come to buy and sell content, and discuss the latest developments and trends in media. The Asia Media Festival (AMF) which will be held
      1,793 words
    • 869 27 The firm will showcase its full line-up of programming spanning all genres, writes sureimdreim apparoo SURELY, in the past, if things worked out well for you after you accomplished it in a particular way, you would tend to do it again, wouldn't you? That
      869 words
    • 965 27  -  SURENDREN APPAROO By THERE is money to be made in movies. If ever you are not convinced of this fact, just ask yourself how much you spent on cinema tickets the last time you went to see a blockbuster. The
      965 words
  • Page 24 Advertisements
    • 54 24 ll^ml s^l 111 HIV ll^^Hll mjjijm .ijijjL Jtlfc' *lßbfl tiJM ■■■■i^p&i^BUßkßl si j :.[.tu !sffijlißiTt!3tT«)!BjiiTßB More ticketing and discount details are available on the festival website. ■rill S #P 1 Producer; An event of: Proudly Partners; Supported by: Official Held in: associated Magazine: Do^9r^dOL CtN VILLAGE r^OUSE%||SE K I'S j'
      54 words

  • Page 25 Advertisements
    • 114 25 '■''"■'■■|iv rill. .^^H I I ImL 111'1"1 k M^m L7 W^^ s.^M Bjfanda ol underst^B^-tween Co-Prodjcß ■tvelDpment AulA ,'singapor, '""I Movers and shakers networking at last year's Btionßifiim^ Ifi^ 3 M flar"e<l gJ^*^^^_^^^J New Media Conference juittyproiß f Ihfllf f'^B. 3" Ifl f^jlßSm^te^V S^k One of the many MOUs signed
      114 words

  • Page 26 Advertisements
    • 23 26 m^ Organised by Hosted by Proudly associated with l^^^l^B W^ Singapore^ V^ 1^ ExhibitiOnS Media Development Authority Media Fusion CCCTiyAI ?fIQ7 Singapore www.smr.sg
      23 words

  • Page 27 Advertisements
    • 137 27 Tiiu* mm a a b .::::::::::i: Connecting vv cc: Asian Content H 3.S L with International a/r TA7 ijlH^_ Markets I I m/ i 11l i I SILVER PARTNER BRONZE PARTNERS S|^| fIfiEDtACORP AE"N ALL ASIA NETWORKS fin VA fremantlemedia'^3>- CHANNEL NEWSASIA tN i hhii'RlShS H,I™" J^\ l^/ \J f~\
      137 words

  • SINGAPORE STOCKS
    • 226 28 jtod name Wt lose lange Stocl name wt lose lange Stocl name Wt lose lange Alii ireen 0.47 1.510 -0.010 JMH 3.05 26.000 +0.200 SPC 0.62 7.900 +0.050 Ascendasreit 0.85 2.250 +0.020 JSH 2.00 14.700 +0.200 SPH 3.15 4.540 +0.040 iComm 0.48 2.270 -0.010 Jardine C&C
      226 words
    • 97 28 Up Down Unch Up Down Unch Up Down Unch Multi Ind 5 12 2 0 0 0 5 12 2 Manufacturing 43 160 31 11 38 54 198 40 Commerce 10 67 19 12 86 r/C. ims 35 37 Finance 26 28 Construction 15 11 26 Pro]
      97 words
    • 123 28 MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 128.705 128.705 639.889 639.889 Manufacturini 1.608.194 324.718 1.932.912 1.873.405 56.453 1.929.858 Commerce 559.298 61.645 620.943 543.915 13.318 557, .233 r/C< 491.241 10.173 501.414 1.546.709 6.342 1.553.051 Finance 254.601 487 255.088 2.360.801 104 2.360.905 Construction 380.624 141.425 522.049 132.373 50.142
      123 words
    • 8615 28 Hi. Low Code Com| >anj Sale t'ooo) Hi. Low B'u] rer Seller C'vr P/E $mil 3.5 2 5716 1st Software 22 8 3148 STelecom 34 17.5 5834 A-Sonic 104 98 6389 ABF SG Bond ETF 30 15.5 1938 AEI Corp 27 13.5 1100 AEM 42 10 2101 APOil
      8,615 words
    • 68 28 Hii Low Code Comi Sale COOP] Hii Low Bu; Seller C'vr P/E 119 119 6065 Diamonds 6200 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P5OO ***** ***** 6170 SPDP.S 3983 2835 6235 STI ETF 100 3977.9 2857.4 6236 STI ETF
      68 words
    • 2173 28 Hii Low Code Comi >an' Sale Cooo] Hii Low Bui rer Seller C'vr P/E $mi 30 11.5 1181 AAGrp 41.5 19.5 5000 ABRHIdgs 31 21.5 8538 APStrategic 16.5 2 1501 Advanced System 70.5 15 1524 Alantac 22.5 8 7814 Albedo 46.5 28 5021 Apex-Pal 13.5 6.5 1154 ArianeCorp
      2,173 words
    • 263 28 STOCK PRICES LEGEND: Straits Times Index Stocks; N Net2 or Tax-exempted dividend; ct Conditional Trdg; :d ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; :ri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer cdca cum dividend cum ill
      263 words

  • FINANCE & COMMODITIES
    • 363 29 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Nov 23 World Index Preliminary 1103.8 1.2 0.3 0.6 -0.9 1.2 5.! EAFE Preliminary 1090.5 1.1 -1.5 0.4 1.4 1.0 1.' Euro[ Preliminary 1503.2 1.5 0.6 0.6 3.6 1.2 10.: Pacific 931.0
      363 words
    • 127 29 As at 9am Nov 23 of foreign currency: Currencies Bid Offer Aust dollar 1.2590 1.2740 Can dollar 1.4640 1.4820 Euro 2.1400 2.1650 NZ dollar 1.0830 1.1060 Sterlin cund 2.9750 3.0080 US dollar 1.4410 1.4570 Local dollars to 100 units of foreign currency: Currencies Bid Offer Chi
      127 words
    • 22 29 Nov 23 STI SIMSCI Nov 403.5 408.4 405 Taiwan Nov 332 334.1 328.9 Source: MF Global (S) Pte. Ltd
      22 words
    • 161 29 Nov 23 Overnight 2 1-month 2 1/4 2-months 2 9/16 3-months 2 5/8 Overnight mode: 1 15/16 US$ Offer 1 7/8 2 1/8 2 7/16 2 1/2 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months SFr 4.80 4.85 5.12 5.12 4.85
      161 words
    • 20 29 Nov 21 Fer 1-month 1.4378 1.439 2-months 1.4347 1.4359 3-months 1.4320 1.4333 6-months 1.4252 1.4267 Source: OCBC
      20 words
    • 157 29 Nov 23 Against SS Currencies Bid Offer Against USS Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2542 1.2554 0.8704 0.8706 Canadian dollar 1.4640 1.4656 1.0160 1.0164 Euro 2.1508 2.1528 1.4926 1.4929 NZ dollar 1.0825 1.0837 0.7512 0.7515 Sterlinc 2.9858 2.9883 2.0720 2.072: US
      157 words
    • 292 29 Nov 23 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Dec07 Mar08 Jun08 Sep08 EUROYEN FUTURES 95.172 95.795 96.170 96.360 0 0 0 0 ***** ***** ***** 8626 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 99.160 99.175 99.170 99.140 99.090 99.040 98.985 98.920 0 3 3
      292 words
    • 288 29 Nov 23 RUBBER Futures (Closing prices) RSS 1 (S cents/kg) Month High Low Close Sett Volume (tonnes) Open Interest Dec 07 Jan 08 Feb 08 Mar 08 Apr/Jun 08 Jul/Sep 08 357.50 358.00 359.00 362.00 364.50 367.00 RSS 3 (US cents/kg) Month Hig gh Low Sett Volume (tonnes)
      288 words
    • 104 29 Nov 23\ SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Jan 08 1100.25 1084.00 1103.00 1090.50 MarO8 1116.25 1101.25 1119.50 1107.50 May 08 1121.00 1106.50 1125.00 1112.00 Jul 08 1124.75 1110.25 1128.50 1117.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Dec 07 46.67 45.95 46.78 46.35
      104 words
    • 76 29 CRUDE OIL PRODUCTS Nov 22 CRUDE (FOB origin) USS/barrel Close Cham Brent blend (1-Mth F) 94.72 -0.26 WTI (Near Mth) 96.85 -0.45 Dubai (1-Mth F) 88.82 -0.63 Tapis blend 99.65 -0.55 Minas 95.75 -0.45 PRODUCT USS/barrel (FOB S'pore) Close Chanqe Naphtha Jet Kerosene 93.10 113.75 -1.00 -0.9 USS/barrel Opec Oil
      76 words
    • 447 29 Nov 23 Australia 0.857 6.443 0.583 6.770 34.415 81.544 0.937 8.101 2.929 1.159 53.179 37.301 1.255 5.906 0.952 28.140 29.440 0.420 0.871 Canada 1.167 7.521 0.681 7.903 40.174 95.188 1.094 9.456 3.419 1.352 62.077 43.542 1.465 6.895 1.111 32.848 34.366 0.490 1.016 China 0.155 0.133 0.091 1.051
      447 words
    • 231 29 Nov 23 'erioi Issue code turity resterday's Bid Hii lay's Low 3-Month BQ*****E 21.02.08 1-Year BY*****A 29.09.08 2.28 2.19 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Hie Day's igh Low 2-Year N*****0Z 2.375 5-Year N*****1E 2.500 7-Year NX*****F 3.625 10-Year NY*****F 3.750 15-Year
      231 words
    • 159 29 Nov 23 (US! f/oz) Nov 22 Nov 23 GOLD BULLION COINS (SS) Sellin. Hongkong 800.20 810.00 801.20 811.00 Nov23 Nov21 London 816.10 797.80 816.70 798.60 Source: Reuters (SS) Selling Buying 1 oz 1304.33 1171 UBS GOLD LUNAR KINEBAR (SS) Selling Buying 10gm $456.89 375 SILVER Selling Buying Bu
      159 words
    • 71 29 Nov 23 it! iiuiii, yy.i (US$/tonne) Co Close Previous Cash 2446.00 2470.20 3 months 2495.00 2521.00 Copper, Grade A (US$/tonne) Cash 3 months 6677.50 6710.00 6473.00 6515.00 Lead (US$/tonne) Cash 2934.50 3 months 2925.00 2910.00 2901.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash
      71 words
    • 83 29 Nov 23 COCOA (Btonne) Close Prev Hii ih/Low Dec 07 920 924 928/920 Mar 08 952 unch 959/952 May 08 967 968 969/967 Jul 08 984 unch 985/984 COFFEE (USS/tonne) Close Pev High/Low Nov 07 2329 2309 2329/2300 Jan 08 1836 1824 1843/1825 Mar 08 1818 1812 1823/1806 May
      83 words
    • 4378 29 BONDS WARRANTS rel lode Coi Prem Expiry rel Last Vol Conv Exer Disc Gear- Mths Zode Company Sale +or- ('000) Ratio Price ing Left >036 Advance SCT Ltd W*****9 32.5 -3.5 1656 1 87 30 2.83 33 _835 Allgreen RBeCW*****6 3 -1 350 0.5 218 6 3798 Ascendas REIT SGA
      4,378 words

  • Page 30 Advertisements
    • 1947 30 The Business Times Shipping Times UK CONTINENT SERVICE U.S.A SERVICE > /^^^^\^L "i^Sfev *"^Hi fj""' ~amril' liiln iii nirr-^' J L- -1-1-- *^n ■-1- .i —E 7/ f.\. il- iy.i-i In-1. .1.-.i-1 L-i-l. E7/ f.\. J. iy.i. i In. I. .ii-.i-1 A *"?55 -"l*Jtk MIDDLE-EAST SERVICE F.E./S.E.A SERVICE |v]fi^jgjjiSS*^*ffi^g Destination
      1,947 words

  • Page 31 Advertisements
    • 1739 31 WAN HAI INTERNATIONAL PTE LTD crn0:**********0/r VTT^V linn ii a iiii-k TEL:*****588 (14 LINES) FAX:*****163 V\\M\lA/AM UAI IMFn Customer Service/Bookings Krcrt Line-(1800) *****200 N^ lllnll llftl LIIIL># PKL TEL: {03) *****888 FAX: {03) *****288 PEN TEL: {04) *****00 FAX: {04)*****99 jL~ JOH TEL: {07) *****23 FAX: {07)*****21 SUR TEL: {031)
      1,739 words
    • 1135 31 ITJTin EASTERN CAR LINER, LTD Ul—^s—-i SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS l|mmtt£^^| MHvOIII Ramp(KT) Lilting(KT) SIN PKL PNN JKT LCB BTG I LUNA AZUL 82 35 80 25/11 27/11 30/11 I ESTRELLA ETERNA 154 60 07/12 09/12 I MERLIONACE 44 30 10/12 11/12 14/12 I ESTRELLA ETERNA
      1,135 words
    • 964 31 WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS VESSEL I VOY I SIN I P.KUNG I COLOMBO IN. SHEVA I COLOMBO RAJIV GANDHI OII9W 20NOV 21 NOV 24NOV 28NOV 02 DEC MARIVIA 015W 27 NOV 28 NOV 01 DEC 05 DEC 09 DEC KOTAPAHLAWAN I
      964 words

  • Page 32 Advertisements
    • 5002 32 HSH H R H Hll ANDERSEN! i f^- H^mi m Gß o j^ B^i^9 I shipping company/ 70 Shenton Way, #21-03 Marina House Singapore *****8 f&&^\ NORTH WcbT bXrKbbb LINE umiKl »iuiiniiic owns operates the youngest fleet ■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■^■■■■■■■■■■■^■■■■■■■■■PHHIHMHII MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS DaTEX a« aHIvaI DaTES WITH
      5,002 words

  • BizlT FOCUS
    • 1576 33 Good data centres great business Companies must ensure that their data centres are not overwhelmed by information storage needs, writes AMIT ROY CHOUDHURY ITH the extensive use of the Internet and the corresponding explosion in digitised information, data centres have become a vital tool for business competitiveness. So much so
      FILE PHOTO  -  1,576 words
    • 316 33  -  ONG BOON KIAT By WHILE keeping a few servers ship-shape is relatively easy, keeping tabs on hundreds of servers in a changeable data centre environment can be downright scary. As IT systems become more interconnected, they also become more prone
      316 words
  • Page 33 Advertisements
    • 234 33 THE POSSIBILITIES ARE INFINITE ri IIIXCI I '^ritfj -Wtifa. m Fujitsu's range of ETERNUS disk array storage system (SAN) offers v £:l K you the ultimate in scalability and business continuity, providing a ■■'■A ffk^^^ K ?o?J££ooofffA solution for every need -beit a novice SAN user, SMEs or large <
      234 words
    • 14 33 This series is brought to you by FUJITSUASIAPTE LTD FUJITSU THE POSSIBILITIES ARE INFINITE
      14 words

  • BizlT
    • 735 34 Copan to set up power-saving data storage equipment at DSl's facilities By ONG BOON KIAT LOCAL research agency Data Storage Institute (DSI) will ink a research pact this week to develop new pow-er-saving storage technologies. DSI executive director Professor Chong Tow Chong told
      735 words
    • <what's up>
      • 98 34 MARKET research firm Access Markets International Partners (AMI) has named David Yew as its new vice-president of consulting for the Asia-Pacific region. Mr Yew will be responsible for planning and managing all aspects of business and consulting activities at AMI and will report directly to the
        98 words
      • 78 34 THE Business Software Alliance (BSA) is dangling a larger cash carrot to ancourage individuals to report companies that are using pirated software. The maximum reward for such tip-offs was previously $20,000, but this has been raised to $50,000. However, the increased payout will only
        78 words
      • 63 34 NETWORKING gear maker D-Link has appointed Desmond Ton as its new marketing manager for the Southeast Asia region. In his new role, Mr Toh will spearhead the company's regional product marketing activities, with an emphasis on ramping up sales into the corporate and enterprise segments.
        63 words
      • 119 34 D-LINK is set to launch the DIR-615, a wireless router which offers the benefits of wider coverage and higher speed data access with a lower price tag. Slated to retail for $159, the product will make its debut at the SitexO7 computer show this
        119 words
      • 109 34 NOKIA has taken the wraps of the 6121 Classic, a handset that is traditional in design yet packs in some of the latest mobile features in the market. The candy-bar phone supports HSDPA (high-speed downlink packet access) for speedier Web surfing and e-mail
        109 words
      • 109 34 CANON has released the XEED SX7 and X7OO, two new projectors that are small in size but big on features. Although both models are classified as ultra-portables, they are claimed to produce 4000 ANSI lumens brightness, the highest benchmark achieved by offerings in this
        109 words
      • 106 34 SINGAPORE-BASED logistics firm YCH has landed top honours at the Supply Chain Logistics Award 2007 in Hong Kong, an event to recognise the best logistics service providers across the region. YCH received the honour of "Asian 3PL of Year" for standing out against a
        106 words
      • 97 34  -  WINSTON CHAI ALTEC Lansing has introduced a new line of headphones designed for MP3 players and other portable digital music devices. Called the Upgrader series, they come in various designs to cater to different user needs. For example, the SnugFit is an
        97 words
    • 572 34  -  AMIT ROY CHOUDHURY By RESEARCH conducted by IT security and control firm Sophos has revealed that 70 per cent of businesses are concerned about sensitive material falling into the wrong hands as a result of data leakage via e-mail. A further 50 per
      572 words
    • 817 35 THE BUSINESS OF INFOCOMM TECHNOLOGY Move is part of its globally integrated strategy, writes AMIT ROY CHOUDHURY IN a move that underlines Singapore's continuing attraction as an investment destination, IBM has announced an investment of Ssso million to establish three centres of
      817 words
    • 233 35 They will integrate ops here with global network THE three new centres of excellence that IBM will set up in Singapore at the cost of $50 million will further integrate the global IT giant's operations in the republic with its worldwide network.
      233 words
    • 600 35  -  KENNETH JAMES &lt;we say&gt; IT was meant to be a bit of fun, and also "a way of walking the talk", as the Media Development Authority's communications director Cassandra Tay put it. Unfortunately, not everyone saw MDA's rap video that way. In fact the video,
      600 words
    • 663 35  -  WINSTON CHAI By ANYTIME may be going through a tumultuous period of restructuring but its interim chief has quelled market speculation that the end is near for the Singapore-based video-on-demand (VOD) specialist. Rumours of mounting debt, coupled with the failure to secure additional
      663 words
    • 253 35 -NYT THREE-dimensional mapping programs like Google Earth let people fly over the rooftops of virtual cities, and other online services lead them down individual streets. Now, one company is planning 3-D-like tours of Cambridge, Massachusetts, and other cities that not only venture down streets,
      -NYT  -  253 words
  • Page 34 Advertisements
    • 107 34 3 I ,T~^ K SO YOU THINK ■U YOU'RE SAFE T7 AND SECURE? 4y Firewalls, Virus Scanners, Anti-virus *V\. Shields, SSL, Encryptions, PKIs and P^JOv^ more: you have it all, and you're \3 I sleeping peacefully at night thinking I nothing can ever harm you. I^^ 1 But Wait! Do
      107 words


  • Enterprise 50
    • 291 36  -  Lynette Khoo SINGAPORE companies looking for exponential growth are increasingly spreading their wings beyond the shores to harness the winds of globalisation. By moving out of their traditional borders and comfort zones, these companies find themselves landing on a larger playing field, riding on the growth of
      291 words
  • Page 36 Advertisements
    • 480 36 ElSgfß K&C Protective Technologies Re Ltd M^k] f At the Forefront of Protective Technology Excellence K&C Protective Technologies Pte Ltd is proud to receive the e5O Startup Award. T* M MFM M K IS W\vJ UT f IS i u^ s jf O p\ ~J Cert. No. 4848 ISO 9001
      480 words
  • Page 36 Miscellaneous
    • 27 36 CONTENTS: Kim Ann shows its mettle page 2 Expansion key to fuelling growth page 6 Unlocking the Chinese market page 8 Nurturing SMEs into global players PAGEI9
      27 words

  • 895 37 The supplier of special steels takes top spot in this year's Enterprise 50 list. LYIUETTE KHOO finds OUt more about the company's strategy for success AFTER making the Enterprise 50 list for the four years since 2003 and climbing up the ranks each time, Kim
    ARTHUR LEE  -  895 words
  • Page 37 Advertisements
    • 399 37 FURNITURE 2 0 0 7 Star Furniture Group Celebrating Singapore's Enterprising Spirit Your Ultimate Lifestyle Choice... Established in 1981, Star Furniture has a history of over 26 years as a contemporary furniture manufacturer and retailer. Star Furniture's objective is to provide a full range of innovative and fashionable W^ZS furniture
      399 words


  • 776 39 matthew pham learns how changing consumer perceptions in Europe and concern for the environment are affecting Lipico Technologies' business BEHIND the rise of palm oil giants in South-east Asia is a little firm known as Lipico Technologies. Little, but fast-growing. An engineering firm that
    776 words
  • Page 39 Advertisements
    • 226 39 -f^ Blazing New Trails jjd* In Strengthening t&gt;^7 */i*l Confidence Trust 2 &gt; ft 7 GRIN CITY Celebrating Singapore's Wl Vl We would like to express our appreciation to everyone who has Enterprising Spirit been supportive all these years. Earning your confidence and trust has propelled us to new heights
      226 words

  • Page 40 Advertisements
    • 372 40 n. lK a II n n v a E;^ H if i i£i A Nam Leong is honoured to be listed among the elite of Singapore's enterprising |~^k I —l companies. Established since 1958, Nam Leong has evolved to be one of the I E3Kfc3G ■fIUSwBUHiiJ W^^mK^ffyJ^^ region's leading supplier
      372 words

  • 751 41 Romar Positioning Equipment is looking to widen its product offerings to supply its growing pool of customers, writes oh boom ping ROMAR Positioning Equipment is looking to widen its product offerings and expand its customer pool to fuel its business in the years ahead. Headquartered
    751 words
  • Page 41 Advertisements
    • 279 41 SO/Mans For The Changing World £«X'i*U* iw^'awU* Enterprising Spirit Enterprising Spirit m l« BB^ I Bm^ BB^ BB V^lß^l B^ ~^ol a "^v -jSs^ EJ HI, -.a i II I Anton Ravindran r^ I Group CEO, |H j B Genovate Solutions Pte Ltd WS|!.:*:. 11 Ml I 1 W^&l I".'.";'
      279 words

  • 581 42 BuySingapore, which helps enterprises here export their products and services, has gone local in China to reach out to an even wider audience A NATIONAL initiative launched in Singapore last year, BuySingapore has now gone local in China to reach out to a far wider
    581 words
  • 1001 42 TODAY'S globalised market environment has made it increasingly crucial for Singapore companies to differentiate themselves in order to be more competitive. Infocomm technology (ICT) is so pervasive today that companies can no longer afford not to harness it to increase their competitiveness. ICT continues
    BLOOMBERG  -  1,001 words
  • 153 42 CHEE Fatt Co Pte Ltd is one SME which has done well with the use of Infocomm technology (ICT). A regional distributor of industrial tools, Chee Fatt developed a web-based inventory management system in 1997 to monitor its inventory status, such as quantity and
    153 words

  • 1288 43 teo lay lim offers some insights into one of the largest consumer markets in the world THE concept of "going global" is hardly unique to the 21st century. Companies and countries have for hundreds, even thousands, of years been on a quest to
    BLOOMBERG  -  1,288 words
  • Page 43 Advertisements
    • 48 43 HMHMHM 2007 I^U^l^U^EßSl Celebrating Singapore's Enterprising Spirit A winner of the Enterprise 50 Award as well as numerous other awards and citations in the world of IT Outsourcing To find out how we can address your IT needs, please call or email: Santosh Nair, +65 9457 0521, santosh.nair@emeriocorp.com
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  • Page 44 Advertisements
    • 295 44 I A Vantage Position For JrA Greater Achievement j Romar Positioning Equipment Pte Ltd is proud Wmmßm [Kpi to be recognised with an E5O award WM 2 0 0 7 Celebrating Singapore's Enterprising Spirit MHn^MW Hm m MMMMiM Positioners Ry i I Column Boom Manipulators IHt Pipe/Spool Shop Equipment n
      295 words

  • 761 45 Globamatrix is in the business of transforming ideas on paper into reality, reports LYIUETTE KHOO CREATING and shaping a brand is not something that happens overnight, and it requires attention to even the smallest details. Hence, when developing a brand, the first principle that comes to
    761 words
  • 939 45 VARIOUS surveys on doing business come out with one frequent finding Singapore companies consistently identify overseas markets as one of the top three growth strategies. While the strategy is in theory just right, the execution is not that easy. But a new
    939 words
  • Page 45 Advertisements
    • 116 45 2 0 0 7 Enterprise 50 Award Winner for 5 Consecutive Years SJSKK 0"* A One-Stop Service Centre of Specialty Metals for: llj I )fe- UJ if, "'Slip" y t'js- -,l&gt; I &gt;i^r'■ .'iSr''^^^^'i /Our Key Products and Services: Machinery Alloy Steel Tool and Die Steel Plastic Mould Steel Aerospace
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  • Page 46 Advertisements
    • 203 46 C ongratulations fwßsak HEATEC J/ETONG #»te 'fftlKiflfii Heat Transfer Piping System Specialist lS| B| -ASlnl marine'group liup Address: 18 TuasAve 18A, Singapore *****8 IL pK^iifflt'Kiq AssocuniHOFsiNCAraßEiuiiHEiNiusTßiEs -&gt;Affif//afe- Email: info@heatec.com.sg Tel: (65) 6861 1433 Fax: (65) 6861 1347 Our Subsidaries Associated Companies: J-j-U JJY ENGINEERING 4 CONSTRICTION FTE LTD -(^V HEATECSHANGHAI
      203 words

  • 741 47 Technology firm iWOW has overcome scepticism to win 13th place on the Enterprise 50 list, writes misha ramchandani THE only constant is change. And this is especially true in technology, where staying ahead of the curve is not just important but a matter of
    YEN MENG JIIN  -  741 words
  • Page 47 Advertisements
    • 538 47 XIN MING HUAPTE LTD &gt;&gt;^^ Enterprising Spirit Mm Mmr tlj Entrepreneur M W MW gL-S. H of the year/^^y Mm\ .^Mm mW a award A W I I I I 1"^ W^''~~n~^ U Trusted by our customers -iti^^Sfllfflfc -J; anda f'rm trust in our 'i ijF \4 employees and suppliers"
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  • Page 48 Advertisements
    • 124 48 BiiB|HH S3 03 33 13 w^^b^s^^irtf Our Heartiest Congratulations O r n Pn Din® 6JSCAW METALS JX /CTS &lt;S&lt;l» ureennn ©group &lt;J»rDlrts£' (ioicts^ if»i«S!irp Van Beest Haggle Steel Wire Rope IJ[olf^ f&lt;S^ R/loWllC 2 0 0 7 Adv^S AS A C Ce/e6ra*ing Singapore's [DO»Uf 1 Ul/NWEBO /ll\ Bureau b.v. /^n
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  • 932 49 he Local Enterprise and Association Development scheme seeks to boost industry competitiveness and help firms tap emerging opportunities SINCE 2005, local industry associations have been leading enterprise and industry growth through the Local Enterprise and Association Development (LEAD) programme, managed by Spring Singapore and IE Singapore.
    REUTERS  -  932 words
  • Page 49 Advertisements
    • 59 49 The contributions of our principals, employees and customers *rflffifPr& are integral to our success. We thank them for ail their support. 2007 Celebrating Singapore's MR LIM HUA TIONG, MANAGING DIRECTOR Enterprising Spirit &lt;^^ Mm* m mLJM Mr H &gt;■ ,J^ I HEARTIEST CONGRATULATIONS FROM P phiHipCaDital RicardoAutoCentrePteLtd Wah Seng Far
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  • Page 50 Advertisements
    • 170 50 celebration of the ENTERPRISE 50 AWARD The management of Tritech would like to thank sincerely all our kt business partners, customers, suppliers and staff for their continued support and contribution towards the attainment of this award... &%&gt; 1 kgS^P^^^^Hjgz^^^ 2007 R Bjj Celebrating Singapore's kj Enterprising Spirit^^^A B^K^fi^^^^Pi^^^^B I Real
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  • 714 51 iFast took a chance on the Internet as well as the then non-existent IFA industry, and its bets have paid off, as wee li-eim finds out FINANCIAL services company iFast Corporation was set up at a bad time and took a bet on an
    YEN MENG  -  714 words
  • Page 51 Advertisements
    • 410 51 K ,j'.||.l ENA COMMANDER erpns'ng pm Jyg|k.^^fiSlSi?lS=7^ ia 10,800 BHP Twin Screw Recipient of 2007 E5O Award TT^^F.^ lft"^ T tk' Anchor Handling and Supply Vessel GOLD MATRIX Ip^^, RESOURCES PTE. LTD. ffcf^^^Li £f• A is honoured to be prestigious L -™^y^ fEF: t eso.startup Award V Ja+MMW eastern navigation
      410 words

  • 1355 52 Organisations want the right skills to keep them successful and sustainable in the long term, write Stephanie gault and peter cheese THE task of finding and managing talent in a new economic world has become more complex, turbulent and contradictory than ever before. Today, talent is
    I AFP  -  1,355 words
  • Page 52 Advertisements
    • 418 52 pixma Canon Delighting You Always Mondav___^— You can do so much more with a PIXMA. 1 ,^__v ~wmmmmmmimmm -ji pixma mx7oo 1 fc- Business All-ln-One 12P" 1 u r &lt; oe cl fffl OW S7f PIXMA BUSINESS ALL-IN-ONE. With a business machine this fast and versatile, who wouldn't be tempted
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  • 728 53 Food court operator Koufu is casting its eye on opportunities abroad as well as branching out of the F&B business, reports uivia shamkari FHE food court business in Singapore is getting more competitive, but Koufu, one of the leading companies in the industry, is
    HLt HHOIOS  -  728 words
  • Page 53 Advertisements
    • 349 53 f*r£) W^ 1? C Excellence In Precision 2UI-2007 M Yeakin Plastic Industry Pte Ltd is proud to receive the E5O Award Celebrating Singapore's GLOBALIZATION THROUGH INNOVATIVE IDEAS Enterprising Spirit aNGAHWE 1000 KNIGHT AUTO CELEBRATES A *W£, HAT-TRICK OF E5O SUCCESSES ||f?** ~^T utffe ufiu FHM^wrv v'tjw plastic SrISS mH I
      349 words

  • 856 54 Spring Singapore offers a wide range of programmes that start-ups can take advantage of to grow, glow and globalise IN a recent World Bank study, Singapore emerged top among 174 economies for its business-friendly environment. And in the 2006 Milken Institute Capital Access Index, Singapore
    856 words
  • Page 54 Advertisements
    • 400 54 AS A WINNER OF THE Celebrating Singapore's tntetprising Spirit FOR THE 4TH CONSECUTIVE YEAR, TCAMDiiii r^ Dynamic Colours is honoured I Wj to receive the Enterprise 50 Award fl_ This prestigious recognition marks a milestone in our company's journey to excellence. Since 1993, Dynamic j WM M "■■l Colours has
      400 words

  • 937 55 Globalisation is entering a new phase as collective dominance gives way to dispersal of global power, writes chomg chuam iueo GLOBALISATION, a force that has been shaping the political and commercial world for most of our working lives, is entering a new and more complex
    AP  -  937 words
  • 1199 55 WHAT is the value of loyalty? For executive director of Tiong Aik Group of Companies, Neo Tiam Boon, 45, he has seen how this virtue has been a key factor in enabling his family business to ride out a few rough patches in the last
    ARTHUR LEE  -  1,199 words

  • 898 56 Construction firm Jian Huang has branched out into renting building equipment and even ship cleaning, reports matthew pham IT'S not surprising to see a construction firm make the Enterprise 50 rankings for the second year in a row, given the booming market. What is
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  • Page 56 Advertisements
    • 154 56 lipico Where people and technology become one 4 IL^I JS JPV^^ml Once again, LIPICO is proud to rank among the top Enterprise 50 companies. The award has deepened our commitment to excel as one of the leading engineering companies in the edible oils and bio-energy industries. We are indeed heartened
      154 words

  • 867 57 vincent wee looks at the key decisions Soon Lian took that has allowed it to grow from a seven-man operation into a $19.8m company BREADTH and scale are concepts that aluminium alloy products specialist Soon Lian believes in and which are a large part of
    867 words
  • 1209 57  -  STEPHANIE GAULT PETER CHEESE 3y and "OUR greatest asset is our people." This cliche is uttered every day across the world by thousands of executives. Cliched though it may be, it is fundamentally true. Whatever the nature of business, the biggest single factor behind
    FILE PHOTO  -  1,209 words

  • Page 58 Advertisements
    • 273 58 2 0 0 7 Celebrating Singapore's Enterprising Spirit k y pish i^P^^SSH GLOBAMATRIX Globamatrix Holdings Pte Ltd is honored to have won the enterprise 5o award for the third consecutive year. Without the faithful support and goodwill of our business partners and associates, it would have been impossible for us
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  • 680 59 Grandwork Interior's focus on R&D, training and innovation contributes to its impressive growth, writes ham Mini chumg R&D, training and innovation may not be the terms immediately associated with a renovation firm but they are what helped propel Grandwork Interior into the ranks
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  • Page 59 Advertisements
    • 227 59 .^^^^L*lj p" *H W, i|jK Pms»sl I .4tultk.BMhAjV ft• ###aav ittii) iiiiii ti&?~~^^^tt&*+j^KP^ Dextrans aims to become the premier integrated supply chain solutions provider catering to the needs of multinational companies through our operating centres in Asia. Dextrans Worldwide is a unique Logistics Solutions Provider operating its network of offices
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  • 834 60 KCPT is benefiting from the heightened interest companies and governments have in measures to deal with global terrorism. LYIMETTE KHOO reports REFLECTING the global need for safety infrastructure and measures against terrorism and other physical threats, fC&C Protective Technologies (KCPT) has grown exponenially since its
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  • Page 60 Advertisements
    • 59 60 I'. iMSffiaaaa i^mj LOGISTICS A ALCAN SINGAPORE FTE LTD SUMmJMO CORPORATION (S) PTE LTD LB ALUMINIUM (SINGAPORE) PTE LTD AGI LOGISTICS (S) PTE LTD ALCDA I I APTEC PTE LTD KSKIINDAHALUMtUMffISUSION ASIA ENTERPRISES (PRIVATE) LIMITED h# ILWIL hindalco industries limited TAT HONG TRADING PTE LTD ELVAL HELLENIC ALUM IND SA
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  • Page 61 Advertisements
    • 340 61 €5° SL«?*» UJinncrs €50 winners 1 Kim Ann Engineering Pte Ltd 31 Dynamic Colours Pte Ltd 2 LlPlCOTechnologies Pte Ltd 32 JEP Precision Engineering Pte Ltd 3 Romar Positioning Equipment Pte Ltd 33 Soon Lian Hardware Pte Ltd 4 Franklin Offshore International Pte Ltd 34 C P Rent-A-Car Pte Ltd
      340 words

  • 805 62 As Spore becomes a major MICE hub, the car rental firm intends to recruit and train more staff, writes imisha ramchaimdaimi SINGAPORE'S efforts to put itself on the map and promote itself as a premier destination for MICE (meetings, incentive travel, conventions and exhibitions) events
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  • Page 62 Advertisements
    • 118 62 20 0 3 20 0 7 Celebrating Singapore's Enterprising Spirit Solutions for Better Business We Have Done It Again For The sth Year With Your Support. Thank You! If I I nl I VI I VI II r I r II i If n I I U i I V7m
      118 words

  • 675 63 EBIS helps enterprises in Singapore become knowledge-enabled, innovative and information savvy to compete effectively in the global marketplace COMPANIES seeking to leverage market information to become more competitive react faster and more accurately in making decisions to grow their businesses can now turn
    AP  -  675 words
  • Page 63 Advertisements
    • 486 63 LIAN BEE METAL PTE LTD IS A PROUD [f*K\ K WINNER OF THE ENTERPRISE 50 AWARD! T* q I TohTianSze TohTiauLai, t" ]—^&gt;rSIW' I Chairman Managing Director H fill 4---JI V H "Established in 1989, Lian Bee Metal Pte Ltd is a supplier of Steel z====:=====::= Reinforcement Bars (rebars) for
      486 words

  • Page 64 Advertisements
    • 444 64 Hill GRA DV DR 151 II INTERIOR PTE LTD 2 0 0 7 Celebrating Singapore's Enterprising Spirit It is our pleasure and honour to be one of the recipients of this year's Enterprise 50 Awards and to be recognised as an enterprise with key traits critical for success in the
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  • Page 65 Advertisements
    • 229 65 4 r_^i _b if _____l___________i___________M^^ R^^H BBHE R^JPQ C^W^^PV^V^ vl _?^_SKil v lv 3______L k ___________________________________________________k^________________________ if/^/P Every year, tens of millions of tons of asphalt are heated at about 130° C during transportation W JZ* yif/ftrr/fj \xoxx\ refineries to end-users, often thousands of kilometres away. To keep temperature high
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