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Business News (Sharewatch)
LONDON (AFX) - Pilat Technologies International Ltd, the AIM quoted human resources management consultancy, software and services group, said its net profit for the nine months to end September 2005 grew by 234 pct to 301,000 stg from 90,000 stg for the equivalent period in 2004.

Soaring rents in Dubai risk scaring off business (AFP via Yahoo! News)
Soaring rents in the Gulf business hub of Dubai are posing a risk to the massive influx of foreign expertise targeted by the authorities, who have reacted by slapping a 15-percent cap on all rent rises.

Livingston International announces extension of offer for PBB Global Logistics Income Fund (CNW Group via Yahoo! Finance)
Livingston International Income Fund , Canada's leading provider of customs brokerage and trade-related services, announced today that it has extended the expiry date of its offer to acquire all of the outstanding trust units of PBB Global Logistics Income Fund to midnight on December 9, 2005.

Mapletree Logistics buys three properties for S.6m (Channel NewsAsia)
SINGAPORE : Mapletree Logistics Trust Management has bought three properties in Singapore for S.6 million. The three properties are 20 Old Toh Tuck Road, 4 Tuas Avenue 5 and 4 Toh Tuck Link.

Air France Industries to open Logistics Center in Abu Dhabi (AME Info)
Air France Industries is setting up a component logistics center at Abu Dhabi airport aimed at enhancing customer service in the Middle East for the portfolio of existing and future customers operating Boeing 777 and/or Airbus fleets.

Philippines studies plan to slow human encroachment into forests (AFP via Yahoo! News)
Philippine officials are studying a plan to slow the massive encroachment of human populations into upland areas that has put severe stress on the country's dwindling forest cover, a government official said.