The Business Times, 7 July 2003

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Total Pages: 26
1 26 The Business Times
  • 15 1 MITA CP) 024/03/2003 85C THE BUSINESS TIMES SINGAPORE I htip://business-times.asial .com.sg MONDAY, JULY 7, 2003
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  • 861 1  -  \i\i exclusive Bat some fear social backlash in the years to come From Shoeb Kagda in Jakarta ARMED with deep pockets and cashing in on a thaw in political relations, Chinese companies are emerging as powerful new players in Indonesia's oil, gas
    AFP  -  861 words
  • 856 1  -  Listed companies expected to do better in the months ahead By} Ven Sreenivasan [SINGAPORE] After a harrowing half-year, most analysts polled by BT last week are now giving better odds to an earnings recovery in the next six months among Singapore's listed companies.
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  • 786 1  -  Strength of second-half economic recovery crucial to market's performance From Andrew Marks in New York DESPITE lingering concerns over the economy and valuation, most market strategists are cautiously bullish about US equities as Wall Street closed the books on the first half
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  • 65 1 Week Change ST1 *****4 +8.51 KLSECOMP .725.11 -3366 NIKKEI 225 9547.73 +443.67 HANG SENG 9636.81 -20 40 SET INDEX 495.72 +3821 JAKARTA COMP -504.09 -2.69 MANILA OOMP -*****7 *27.67 TAIPEI WP1 5151.85 +273.95 SEOIXCOMP 693.25 +15.97 SHENZHEN B 219.02 +138 Al ST ALL ORD _3000.80 -1720 DOW JONES *****1
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  • 86 1 FOREX RATES US$ S$ L'SS (SS per ISS) 1.751 £(ISS/SS per S) 1.671 2.926 El*RO(US$/S$/E). 1.149 2.011 YEN 118.1 6750 RM 3J»0 2.170 HKS 7.798 4.464 BAHT 41.64 23.78 RITIAH 8.185 1675 RENMINBI 8500 1740 INDIAN Rl'PEE 46,13 26.46 AS 1.467 0.838 NZS 1.678 0559 MtME RATES SINGAPORE* lift
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    • 35 1 Vikram Khanna: What lies beneath the Indonesia-S'pore trade data spat pg 2 Eddie Hot KL stocks may get hotter apg 8 K^vi 4 Ji**vex »(s**y/ tise 1 "W"\ >dLk 4% v fA r 'r k,
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    • 55 1 Dreaming of a house in Australia, an early retirement, an extreme lifestyle or overseas degrees for all four children? Then talk to your Life Planner about getting your Life Plan mapped out. To find out more call 6248 2211 or log on to www.Lifeisgreat.com.sg PROTECTION 9 INVESTMENT EDUCATION RETIREMENT it
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    • 14 1 Earning* ranking* of SGX companies, Pages 4 and 5 **********111 l 8 ******1 *****4
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    • 231 2  - Iridcm trade data time for an airing vikram khanna And subsidised rice programmes, under which the domestic price was also way below the international price, led to the smuggled exports of rice, even as Indonesia faced a severe rice shortage after the 1997/98 Asian financial crisis. Thus, rice has been
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    • 540 2  -  j'H exclusive China-S'pore forum expected to attract 250-300 regional participants By Loh Hui Yin [SINGAPORE] A Singaporebacked business forum will be held in Shanghai later this month, the first international event to be convened in the city after China was cleared of the
      540 words
    • 391 2  -  RT exclusive He leaves on Aug 31 and Seah Chin Siong will take over By\ Raja Chellam [SINGAPORE] Willie Cheng, industry stalwart and the Singapore face of giant international management consultancy Accenture, is calling it a day. Mr Cheng will retire
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    • 97 2 19 T 5 cJ r worldwide mcluo ng ta.vyers charte'cd accountants Pjff i f chartered ana cankers have y j provioed con'iaentiai and cost effective r ompanv formation m an the maior iow tax V a r eas mciuoing The world's Incorporation Fees from USSSOO Full professional after sales service
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  • SINGAPORE companies
    • 833 3  -  IPOs still profitable if bought after debut, but odds worsen over time By) Kenneth Lim INVESTORS who failed to subscribe for the recent initial public offering shares could have bought into those stocks on their debuts and still have had a close-to-even
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    • 598 3 It's the fastest growing market for IPOs globally in HI Reuters IPO markets in the United States and Europe Struggle to lift themselves out the wreckage of the technology crash, Singapore is the fastest growing market for new offerings in the world this year. <-
      Reuters; FILE PHOTO  -  598 words
    • 689 5  -  hock I WW r sivanithy THERE'S no doubt that the initial public offer (IPO) market has come a long way over the past decade. Applications can now be made electronically, the placement distribution network is wider, shares are allocated within hours of balloting.
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  • 6705 4 YEAR ENO EARMN6S (SSM) CHANGE -TURNOV® (SS«) CHANGE -EPS«Sni)- CHANGE CURRENT PREVIOUS CURRENT PREVIOUS CURRENT PREVIOUS 1 SingTel Mar'03 1400.50 1631.30 -14.1 *****.70 7269.20 41.1 7 86 9.76 -19.5 2 SIA Mar "03 1064.80 631.70 68.6 *****.00 9382.80 12.1 87.40 51.90 68.4 3 UOB
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    • 555 5 |HH Caß toti-frtt *****89 8823 KXk»#»pfc.coa.tj! IN THE MATTER OF THE COMPANIES ACT. CHAPTER 50 KN INVESTMENT PROPRIETARY PTE LTD IN MEMBERS' VOLUNTARY LIQUIDATION Al an Extraordinary General Meeting of the Company convened and held at Rm 302. City View. 12 Mac Dinh Chi Street. District *1. Ho Chi Minh
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    • 55 5 Heartiest Congratulations to our clients on winning the Singapore Promising Brand Award 2003 Vjjgg|fjjpP mm Brand G!l(^s7Ca®®ls)' A, S+H-OLU V ECONi AChio Lim Stone Forest tv. Member Horwath International 18 Cross Street, #08-01, Marsh McLennan Centre, Singapore *****3 Main (65) 6533 7600 j Fax (65) 6538 7600 Email info@stoneforest.com.sg www.StoneForest.com.sg
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  • SINGAPORE markets
    • Article, Illustration
      338 6 OTHER SINGAPORE INDICES Jul 4 VALUE CLOSE BTOB/OS 8.00 +16.00 BTCADI -*****.00 ±23.00 BT 10-day MA *****.00 1 AM-SG Equities 400.01 +0.51 SG Equities Elect 142.25 -1.12 SG Equities Fin 1263.48 +1.83 SG Equities Prop 376.62 1.39 MSCI Singapore 183.28 +0.46 SMSCt Futures 184.00 +0.70 Slocks Volume Chart SemiCond 26c
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    • 258 6  -  HOT STOCK/ WARRANT By\ Ven Sreenivasan ONE industry expected to enjoy relatively stable growth, going forward, is the contract manufacturing sector which services the hard disk drive industry. Singapore has a number of well established players in this sector. One of
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    • 821 6  -  STOCKS r. sivanithy IF you're a trader or holder of blue chips, then the big question for the week ahead is obviously whether Wall Street will hold up its end of its recovery bargain and continue to rise. If you're a punter of small
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    • 648 6 AFP [HONG KONG) Asian currencies rose against the greenback, with the yen profiting from improved confidence in the Japanese economy and the Australian dollar hitting afiva-and-a-half-yearhigh. Japanese yen: The yen gained ground during the week as Tokyo share prices continued to climb higher, powered by
      AFP  -  648 words
    • 414 6 PmmN tx Ml Pa* tort d—t A Aberdeen lOp I 2 00p 11-Jun 16-Jun 16-Jul ACE Dynamo 20c b 0.05 23-Jun 26-Jun 09-Jul Amir j Htdgs 20c b 040 12-Jm 17-Jun OJ Jul Boustead 25c F 1 50 02-Sep 05-Sep 18-Sep Brilliant Mfg 8c I 160 19-Jun 24-Jun
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  • 3479 6 UNIT TRUSTS FUNDS Com Global Lifestyle Index Fd 0 879/ BMl IHlit'M Com Global Healtn Index fd 0 851/ Com Global Telecom Index Fd 0457/ MNAMroAwt MM (Spore) Com Global mfotec Index Fd'" 0 315/ Star Europe Eqty!** 0 646/ Global Energy Index Fd 0 866/ Star Europe Bd 1293/
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  • SINGAPORE news
    • 281 7  -  =1 on the economy investments By' Ven Sreenivasan GLOBAL investors tend to be more bullish on Asia compared to investors within the region, says Morgan Stanley. In a recent strategy note, the research house noted that during its global marketing trips, it
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    • 669 7 Quick mobilisation of entire govt machinery played a crucial part THERE is no perfect solution to a perfect storm. But Singapore moved quickly to bring all resources to bear on *a problem of crisis proportions. The key ministers at the forefront of
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  • Page 7 Advertisements
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    • 67 7 -f^HHH HMpv >,'%%s M^ c ii 1• a globally connected entrj I entrepot minds from companies entr, I hub attracting the mos P for ulent innovation, entw I large and small. interactine to create value ~vi I knowledge and business entw 1 in today s world. /yC Aiary emu r.
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  • REGIONAL news
    • 446 8 Boost from strong economic growth, low interest rates AFP [BANGKOK] The Thai stock market's astonishing rally this year, in which it has forged ahead by nearly 40 per cent, is set to continue thanks to the healthy economy and an avalanche of offshore
      AFP  -  446 words
    • 726 8  -  KL STOCKS Malaysian equities are lagging the region, but that could change as more money flows in eddie toh THE Malaysian stock market has come roaring back but it's still a laggard in the region. The Kuala Lumpur Composite Index has risen about 15
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    • 299 8 BANGKOK Bloomberg THE Thai government, which is taking over the management of Thai Petrochemical Industry pel, may ask creditors to write off as much as 30 per cent of US$2.2 billion of debt owed by the nation's biggest defaulter, said an
      Bloomberg  -  299 words
    • 311 8 Bloomberg [HONG KONG] Hong Kong workers are hardworking but not very loyal to employers, while the reverse is true in Shanghai, a City University of Hong Kong survey concluded. The survey of 2,000 workers in Hong Kong, Shanghai and Taipei in February and
      Bloomberg  -  311 words
    • 226 8 KUALA LUMPUR His investor group hopes to control Rank Mnamalat AFP A GROUP of investors linked to local tycoon Syed Mokhtar Al-Bukhary and mainly from the Middle East are believed to be eyeing a controlling stake in Bank Muamalat, an Islamic bank in Malaysia, a
      AFP  -  226 words
    • NOTEBook
      • 78 8 AP [BEIJING] Hong Kong lawmakers should pass a contentious anti-subversion bill on schedule, China's government said yesterday, lending support to the territory's embattled government in its biggest political crisis since the former British colony returned to Chinese rule. Enacting the legislation is the
        AP  -  78 words
      • 76 8 Reuters [BANGKOK] Traffic-jammed Bangkok will add 130 km to its skytrain and subway routes in a project worth 300 billion baht (5112.6 billion), local newspapers reported on Saturday. The new routes will extend into Bangkok's suburbs, whereas the present 23.5 km skytrain routes only
        Reuters  -  76 words
      • 98 8 Reuters [KUALA LUMPUR] Growth in Malaysian consumer spending is likely to slow this year, advertising data indicates, as cautious sentiment and an uncertain economic outlook dampen already sluggish retail sales. Slower growth in ad spending in the first five months 0f2003 signalled little optimism among
        Reuters  -  98 words
    • 539 9 BALI Bat no public pledge from Asian officials to change exchange rate policies Bloomberg ASIAN and European finance ministers agreed their regions should share the burden of a weaker US dollar, amid criticism that Asian governments are keeping their currencies undervalued to
      Bloomberg  -  539 words
    • 689 9  -  llqiH il from beijing danny toe AFTER the sickening flow of Sarsrelated news from China, returning to the country took some courage. On arrival in Hong Kong, I braced myself. True enough, the air had a distinctly sanitised edge to it, but this
      REUTERS  -  689 words
    • 394 9 BANGALORE. India AP IT may be too early to call India the Silicon Valley of South Asia, but more and more US semiconductor companies are drawing upon Indian talent to design their chips. International companies, especially from the US, have been
      AP  -  394 words
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  • Page 9 Advertisements
    • 1081 9 An Advertising Feature Microsoft" Windows Server" 2003 DO MORE WITH LESS LexisNexts, Reuters, NTU, Keppel Logistics, Enterasys Networks, Austria's Ministry substantially increase information sales by tasted "overnight success" when it switched -—f O# Interior the London Stock Exchange. What do they have In common? providing the most currwt valu<-added price
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  • WORLD news
    • 540 10 BOSTON But short-selling interest hit record highs on Nasdaq, NTSE last month Reuters FUND managers who peddle in pessimism by betting stocks will fall are having a disastrous year, but so called short-selling still surged to record highs last month and investors are not
      Reuters; AFP  -  540 words
    • 250 10 WASHINGTON Bloomberg PRESIDENT George W Bush has signed into law new rules that will let the US Securities and Exchange Commission speed hiring of new accountants and economists for investigations of securities law violations. The streamlined hiring procedures are designed to help the
      Bloomberg  -  250 words
    • 794 11 COMMODITY Weeklyßoundup AFP [LONDON) A strike in Nigeria that threatened to disrupt the country's oil exports while Iraqi crude is also stiU off the market, drove oU prices higher. Gold was also in demand as dips in the value of the dollar
      AFP  -  794 words
    • 485 12 NEW YORK Upcoming reports will show whether market optimism has ontran reality Reuters INVESTORS will brace for a flood of earnings reports this week, searching for signs that growth in the economy and corporate profits can keep pace with the stock market's recent rally.
      Reuters; REUTERS  -  485 words
    • 544 12 NEW YORK NYT SOON, US investors may have another indicator for gauging how a company sees its own prospects: share repurchases. Of course, share repurchases are not new. But because of recent legislation and the experience of the bursting bubble,
      NYT  -  544 words
    • 329 12 BALI It also urges Tokyo to act against deflation Reuters THE International Monetary Fund (IMF) urged China to move towards greater foreign exchange rate flexibility, adding its voice to growing chorus of calls on Beijing to revalue its yuan currency. At a meeting
      Reuters  -  329 words
    • WORLDWatch
      • 87 12 Bloomberg {SEOUL] SK Group, Hyundai Group and nine other South Korean industrial conglomerates must sell 1.7 trillion won (552.5 billion) of shares they own in units or face losing their voting rights on the stock, the government said. The family-owned industrial empires or chaebol,
        Bloomberg  -  87 words
      • 86 12 Reuters [LONDON] British water and electricity provider United Utilities Pic denied a press report yesterday that it had been approached about a possible £5.1 billion (Ssls billion) bid for North West Water by Deutsche Bank. "We have no knowledge whatsoever of this transaction,"
        Reuters  -  86 words
      • 57 12 Reuters [TOKYO] Japan's key Nikkei average could test the psychologically important 10,000 level this week if machinery orders data for May strengthen optimism over corporate spending, one of the main engines for Japan's growth. Another catalyst for buying may come from Wall Street where a
        Reuters  -  57 words
      • 81 12 Reuters [PARIS] A French small shareholders group on Friday branded as scandalous a court decision to make Vivendi Universal pay its ousted chief Jean-Marie Messier 20.6 million euros (Ss4l million) and said it would go to court to stop the payoff. Small shareholders group ADAM
        Reuters  -  81 words
      • 69 12 AFP [ROME] Economic growth in the 12-nation eurozone could only reach 0.7 per cent in 2003, down from the one per cent forecast earlier, EU Economic and Monetary Affairs Commissioner Pedro Solbes said on Saturday. "This will depend on Q3 and Q4 developments,
        AFP  -  69 words
    • 537 14  -  Expected Q4 gap between demand and supply may make market vulnerable to supply shocks Frorn Neil Behrmann in London THE majority of forecasters and analysts are bearish about oil prices in the coming 12 months, but the market could catch them
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  • Page 10 Advertisements
    • 1323 10 _~N POWERMATIC DATA SYSTEMS LIMITED (Incorporated in Singapore with limited liability) MWI ud/£sT£\ KBlUSjßlUttlilljUHUUfiKSlSUtt^^ NOTICE IS HEREBY GIVEN that the Fourteenth Annual General Meeting of POwermatic Data Systems Limited ("the Company") will he held at 135 Joo Seng Road. #08-01 PM Industrial Building. Singapore *****3 on Tuesday, 22 July 2003
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    • 270 10 IN THE M ATTER Of VONC KKE CHYE HI'AT IMPEX PTE. LTD. llaYohinlary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section VW of the Companies Act. Cap V). thai a kinal (ieneral Meeting of the member* of the above mcnlMmed ('ompany will he held at the office of the I
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    • 1110 10 TRANSIT-MIXED CONCRETE LTD (Incorporated in the Republic of Singapore) NOTICE IS HEREBY GIVEN that the Twenty-Third Annual General Meeting of Transit-Mixed Concrete Ltd will be held at Connaught Room, Level 2, Grand Plaza Parkroyal, 10 Coleman Street, Singapore *****9 on Wednesday, 30 July 2003 at 10.00 a.m. to transact the
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    • 304 10 IN THE MATTE® OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF C P TRAVEL SERVICE (PTE) LTD (In Voluntary Liquidation) NOTICE OF RESOLUTION At an Extraordinary General Meeting of the members otC A P TRAVEL SERVICE (PTE) LTD duly convened and held al 133 New Bridge Road,
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    • 157 10 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER TELE ROLLS PAPERS INDUSTRIES PTE LTD (IN CREDITORS' VOLUNTARY UOUIDATION) Take notice that a meeting of the creditors of the abovenamed Company will be held as follows: Date 17 July 2003 Time 11.00 A.M. Venue 141 Market
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    • 609 10 IN THE MATTER OF THE COMPANIES ACT, (Cap. 50,1994 Ed) And In The Matter Of FERB PTE LTD (Incorporated in the Republic of Singapore) NOTICE Of CREDITORS MEETING PURSUANT TO SECTION 296 Of THE COMPANIES ACT, (CAP. 50,1994 ED) NOTICE IS HEREBY GIVEN that pursuant to Sec tion 2% of
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  • 1181 11 FINANCE COMMODITIES I i Week ended: Jul 4 SOIQAPORE OOYERlfllEIlT SECURITIES DIDICATITE PRICES AMP YIELDS Me* Prie« TiwCwHi C*0 Y TII K QWf TwCwpw Mtftty ft TIM m Ottm 5 YR 5.125 T-Sep-03 M*****1X 0.77% 0.45% 100.66 100.71 5-YR 1.500 1-Apr-08 N*****0S 1.49% 1.48% 100.05 100.10 5 YR 3.500 1-Feb04
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  • 1606 11 S1C0M FUTURES Jul 4 RUBBER Futures (Dosing pricts) RSS1 (S c«fltsAq) Close VoIinw Open Month m+> Low Sett (tonnes) Interest Aug 03 172.25 Sep 03 165.75 Oct 03 163.50 Nov 03 161.75 RSS 3 (US cents/kg) Volume Open Month High Low Sett (tonnes) Interest Aug 03 96~50 96J5 450
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  • Page 12 Advertisements
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    • 90 12 n MERITUS MANDARIN SINGAPORE H &M4rntetKstyftt^txiitiofb Fg, A By Dr. Michael Lim, A The Travelling Gourmet Pine Court Chinese Restaurant —Top of die 'M' Revolving Restaurant For two nights at the peak of the city, we are 1 f 200^ marrying the best of wine and cuisines to bring I,B+++1
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  • 1143 13 Compiled by Thomson Financial I/B/E/S The stock recommendation Is the average of all the recommendations submitted RECOMMENDATION FORECAST by analysts following the stock. There Is a total of 29 brokers submitting recom- COMPANY NAME THIS WEEK LAST WEEK EPS (f) PE (times) meodattona but not every stock la
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  • 850 13 Week ended: Jul 4 SX> MW m Oaaa Ctimi 9»adi«a— dw Q"1» Altgrwn 50c 0 43 1.010 -0020 NatStMl SOc 0.57 2 710 *0010 C*f ass 4.920 -0.020 OCBC 110 ***** -0100 CapaaLand 1.17 1 300 OUt 057 7 100 -00S0 Chart SemrCond 26c 099 0970 Partway M 2Sc
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  • 577 13 BONDS WARRANTS Praa Ejqxry Last Vol Com tear Mk Goor- MUb s«i« w r—> —*> we» u> ASTIW*****1 U 1 16 36 2.54 11 Acma Ltd W*****6 1.5 -0.5 181 1 50 442 6.33 16 AmtefcW*****0 73.5 2 188 1 33 2 1.41 23 Armstrong W*****0 4 -0.5 820 1
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  • Page 13 Advertisements
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  • 6502 14 Week ended: Jul 4 52-Wk last Vol «Mi Last Quote GrOw Dn GrYld MM MCao Lo» CmmiT Solo CBB0> Mj» Low Ooyor 5ofcr Cw HI uA ABNAmroNLG 56c 9 12 14 1388 16 9 ACE Dynamics20c 15.5 unch 310 16 15.5 15.5 16 100 129 153 21 9
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  • Page 14 Miscellaneous
    • 196 14 CRYPTIC CROSSWORD 27 Main trade route (6) DOWN 9 Union members cetebrate it Decahedrons, 11 Cool, 12 Am--1 Pierce through vehicles I left after over half a century (7,7) bo, 13 Embroil, 15 Defiles, 16 for repair (8) 15 Dish causing turmoil in the Eager, 17 Eyed, 18 Ewer, 19
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  • Page 15 Advertisements
    • 81 15 A Trtal Solution for Remote Video Monitonng Monitor Your Business or Horn. Anytime. Anywn, r m m m mrni office e lelari hone I I PSTMI ISDN I J kverrvet X meei PC A| A Features: p«*«i *c Built-in hard drive Built-in web server Video up to 25fps Support dynamic
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  • BizÌT
    • 779 15  -  11 i comment INFOTECH With purchase, STT would Immediately own one of the world's most advanced networks, with 100,000 miles connecting more than 200 cities globally angela tan IN Singapore. Singapore Technologies Telemedia (STT) is not a very well-known brandname in the
      779 words
    • ONTHESHELF
      • 104 15 HEWLETT-PACKARD has introduced two HP Compaq business notebooks: The nc4000 (above), a lightweight notebook PC that weighs 1.59 kg, offers up to seven hours of battery life and comes with both integrated wireless LAN and Bluetooth technology. Prices start from $2,999. It will be available
        104 words
      • 64 15 KODAK has introduced the Kodak Easy Share CX6330 zoom digital camera. It comes with a 3.1 megapixel t. resolution, a 3x qL, optical Kodak 'Wkl Retinar aspheric all-glass zoom lens, 3.3 x advanced digital zoom, Kodak Color Science technology, multi-zone auto focus and auto picture
        64 words
      • 68 15 FUJITSU Asia has launched a colour scanner, Scan Snap!. The company said the device is an upright colour scanner that can scan two-sided colour documents at a speed of up to 15 pages per minute (ppm) and Drovides users with a simple method for converting paper documents
        68 words
      • 62 15  -  Compiled by Amit Roy Choudhury DELL Computer has introduced its Precision Workstation M6O. It comes with a 128 MB Nvidia Quadro FX Go7oo and a 15.4 inch Ultra Sharp wide-aspect WUXGA (1,920 by 1,200 pixel) display. Graphics performance is a strong suit of the M6O, with
        62 words
    • 296 15  -  By\ Raju Chellam US GIANT Hewlett-Packard Company last week announced a range of high-end computer servers targeted at data centres. The new Integrity servers are based on Intel's new 1.5 GHz Itan-ium-2 processors and the top-line system will debut commercially here next month. HP
      296 words
    • 203 15  -  Byi Amit Roy Choudhury HEWLETT-PACKARD Company said it is planning to introduce a handheld PDA that would combine the features of WiFi and Bluetooth with the convenience of a mobile phone. The company said it is aiming to come out with such a "converge"
      203 words
    • 257 15 AFP [TOKYO) Startup telecom operators in Japan are set to file a suit this month against the Japanese government over rate increases for connection with the industry leader, NTT. The five companies including KDDI and Cable and Wireless IDC will announce on July
      AFP  -  257 words
    • 115 15 Bloomberg [SAN FRANCISCO) IBM Corp will manage some computer-related gear of BCP Group, Portugal's biggest bank, under a 10-year contract worth 340 million euros (Ss6Bo million). BCP expects to cut its computer infrastructure costs by 25 per cent in a "short" time period,
      Bloomberg  -  115 words
    • 132 15 Reuters (SAO PAULO) A judge has delivered Brazilian phone companies a tough blow by blocking their plans to raise rates across the country. But industry specialists said the ruling was unlikely to stick. Federal Judge Edson Moreira Grillo Junior issued the injunction late
      Reuters  -  132 words
    • 449 15 This could surge to USs3.6b by 2008 AFP [SINGAPORE] The craze in Asia for downloading personalised ringtones, games and top 40 pop hits on to mobile phones has rapidly developed into a multi-bil-lion dollar industry with the boom expected to skyrocket as
      AFP  -  449 words
    • 95 15 AFP [TOKYO] Major Japanese high-tech firms said on Friday that they have agreed on a common standard for high-defi-nition digital camcorders. Canon Inc. Sharp Corp, Sony Corp and Victor Company of Japan (JVC), said they planned to finalise the specifications of the common standard tentatively called HDV
      AFP  -  95 words
    • 776 16  -  The company has been doing very well in Singapore in the last 12 months, senior company officials tell Rqju Ctaellam Raju Chellam NASDAQ-listed People Soft Corp, which is fighting Oracle Corp's US$6.3 billion hostile takeover bid, will be able to complete the purchase of
      AFP  -  776 words
    • ITTAKES
      • 68 16 CANON Marketing (Singapore), a marketing and service subsidiary, and Canon Singapore, the regional HQ of Canon Corp in South Asia, will merge from Jan 1,2004. "The merged entity will be called Canon Singapore Pte Ltd and will be headed by the current president and CEO
        68 words
      • 56 16 JAPAN-BASED Renesas Technology Group said it has integrated its operations in Singapore, Hong Kong, Taipei and Shanghai. The company offers a lineup of microcomputers, memories, multi-purpose ICs, application specific ICs and discrete semiconductors. It was set up on April 1 this year as a joint venture
        56 words
      • 50 16 NOKIA Networks has appointed Simon Beresford-Wylie as senior vice-president for the Asia-Pacific region, based in Singapore. Mr Beresford-Wylie joined Nokia in 1998 and has held several executive positions in Asia and Europe. In 2002, he became senior vice-president and a member of Nokia Networks' management board.
        50 words
      • 52 16 MICROSOFT Singapore has appointed Andrew Pickup as director, business and marketing organisation; and Barney Lau as director, small and medium-sized businesses. Mr Pickup was previously group manager for small business in the UK. Mr Lau held a variety of sales and marketing roles with Cisco Systems before
        52 words
      • 32 16 BORLAND Singapore has appointed Stefano Picozzi as professional services director for the Asia-Pacific region. Mr Picozzi was previously solutions director for consulting and education services with BEA Systems.
        32 words
      • 32 16 META Group has appointed Damien Wong as general manager of Meta Group Singapore. Mr Wong was previously deputy director for corporate services with the Institute for Infocomm Research.
        32 words
      • 51 16 STARHUB will celebrate its merger anniversary with StarHub Cable Vision (previously called Singapore Cable Vision) from July 5 to 20. The company will hold a two-day "Hubbing Home of the Future" event, with a peek at some of the future devices and services, from July 12 at Suntec
        51 words
      • 55 16  -  Compiled by Raju Chellam ADOBE Systems said it will organise a series of workshops and seminars this month in Singapore: "Adobe Acrobat 6.0—Adobe PDF' on July 11 and 25; "Adobe InDesign for QuarkXPress Users" on July 18; and "Adobe@Work Adobe Acrobat 6.0 Professional Strength" on July
        55 words

  • Page 16 Advertisements
    • 102 16 Get the Price/Performance Advantage With Oracle, Dell and Red Hat Ifr "Those running Oracle, Dell, and Red Hat Linux have a price/performance advantage. Users can buy four 4-way Dell servers running Oracle and Linux with exceptional performance for less than a 12 or 16-way proprietary SMP system at a hefty
      102 words

  • SHIPPING TIMES
    • 294 17 Contributed by Simpson Spence Young 4FTER a slow start to the week, there was a sudden rush to invest in Panamax Bulkcarriers, including very modern tonnage and re-sale newbuildings. Demolition has remained firm with 2 further ULCCs and another VLCC sold. •BULK CARRIERS: 4 Red Cedar. 73,317 tdw
      Contributed by Simpson Spence & Young  -  294 words
    • 272 17 MX '000 M4 8 Ht CWT WstriPutlon 0.57 0.01 85 Chuan Hup 0.41 -0.01 724 CH OMshor* 0.23 0.02 2520 Cosco lnv*stm*nt ....0.33 0.02 8976 Fr*igfit Links 0.06 0.01 120 GBHo'flings 0.70 unch 43 Jaya Holdings 038 0.01 1119 K*pp*l Corp 4.88 0.02 1238 K1V*ntur* 0.19 unch 495
      272 words
    • 662 17  -  Ronnd table also criticises EU's proposed changes to rules governing oil tankers By) Donald Urquhart [SINGAPORE] A recent round table meeting of international maritime associations representing 90 per cent of the global industry has called for European coastal states
      662 words
    • 117 17 AFP [TOKYO] A search and rescue ship looking for six missing sailors from a fishing boat that sank four days ago was involved in a second collision in the same area yesterday, the Japan Coast Guard said. The 499-tonne Fisheries Agency ship Karashima collided with the
      AFP  -  117 words
    • 860 18  -  LDIER SCENE -By] David Hughes WHEN the Panama Canal was in US hands the philosophy behind its operation was simple. It was a valuable strategic asset for the country that administered it and was made available to the world
      FILE PHOTO  -  860 words
    • 204 18 PAGE Avant 6 B'tang Mas 5 BSA 4 BSC 6 BTL 6 Cargoways 6 CMACGM 3 COSCO 3 Chahaya 6 China Shpg 5 Confer 6 CWT Globelink ...4 Delmas 4 Dongnama 3 EP Carriers 6 ECL 3 EIS 6 4 Eng Lee 6 ESP Lines 4 Far
      204 words
    • 13901 23 THEBUSINESSTIMES EXPORT ETA ETA Advartisar Vassal Voyaga Talaphona ETA ETA Advartisar Vassat Voyaga Talaphona SIN Dast'n Nam* Nam# Numbar Numbar SIN Dast'n Nam# Nama Numbar Numbar 02/01 21/06 MOL MOL PRIDE 6107A 45-*****484 To ABIDJAN (ABJ) 2003 Cot# D'I voir* 04/06 01/09 Kian Hung CAP FRIO 303S 65******33
      13,901 words
    • SHIPS IN PORT
      • 508 25 Vessel Voy No Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL APOLLO DUA 8 J5/6 A/SIDE 06/07 0600 BUANA ABADI 03/03J J3 A/SIDE 06/07 0630 MARIONSTAR 8 J4/5 A/SIDE 06/07 1500 MLC 3301 ***** J4 A/SIDE 06/07 0630 PROS OCEAN GMT030 J9 A/SIDE 06/07 1500 EVERISEGLORY 78 J10 06/07 2000
        508 words
      • 1925 25 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vessel Out In Bth Berthing Un- Berth Name Voy Voy seq berthing Nmbr ACX MAGMOUA 065S 065S 1 0807/2003-0700 OB07/2003-2000 ACX KWH 079N 079N 1 0aO7Q003-0M0 0t07/2003 22.00 ALAMJAYA 2 8852 8852 1 0807/2003-0900 1700 *22 ALEN YA1006 YA1006 1 0807/2003-1500 0907/2003-0600 K13
        1,925 words
      • 139 25 Jul 14 France: National Day. U Kingdom: Orangmen's Day. Jul 15 Brunei: Sultan Birthday. Thailand: Buddhist Lent Day. Jul 17 S Korea: Cons Day. Jul 20 Japan: Marine Day. Aogl China: Founding Chi PLA. Aug 4 Australia: Picnic Day. UKingdom: Summer Hoi. Aug 12 Thailand: Queen's Birthday. Aug
        139 words
      • 834 25 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem. Market movements are indi cated The Cockett Bunker Price Index change and
        834 words
      • 543 25 Carbon 180 Mai 991.0 0J 15.7 0.07 45 0.02 jun 26 Density Hittf Residue AshAluminlum Sediment Wo above £25 0 0 1 0 0 0 ZZZ 380 Aw 986.5 0J 15.0 0.05 20 0.02 Cm* 380 M<> 990.8 3.0 17.4 0.09 68 0.08 M/W3 V/V HM/M
        543 words
    • AIR & LAND transport
      • 244 26 They get double compensation if their flights are overbooked AFP [STRASBOURG, France] European air passengers who fail to catch their plane because of overbooking are set to have their compensation doubled after the European Parliament approved a law aimed at strengthening passengers' rights.
        AFP  -  244 words
      • 626 26 He tries to stop US' Wright brothers from upstaging UK's Cayley Reuters AP [LONDON] Millionaire businessman Richard Branson on Saturday fleetingly re-enacted the first manned flight in a fixed-wing aircraft when he took to the air in a replica of George Cayley's historic 1853
        Reuters; AP; REUTERS  -  626 words
      • 218 26 Reuters [SAN FRANCISCO] Alaska Airlines and aircraft maker Boeing Co said they had settled two of the three lawsuits remaining over a 2000 crash that killed 88 people off the coast of California. The companies declined to give terms of the
        Reuters  -  218 words
      • 382 26 Rush to meet deadlines after orders are delayed dne to Sars: Schenker Bloomberg [SINGAPORE] Asian exporters wiD have to pay the higher rates for sending cargo by air rather than sea to ensure they meet deadlines after their customers delayed orders because
        Bloomberg; FILE PHOTO  -  382 words
      • 200 26 Bloomberg [HONGKONG] Cathay Pacific Airways, Asia's sixth-larg-est carrier by sales, will shorten employees' unpaid leave by a week as bookings increase, following the decline of Sars, it said in a statement. The airline, which asked all of its 14,000 workers to take four weeks unpaid
        Bloomberg  -  200 words
      • 265 26 Reuters [ZURICH] Swiss International Air Lines chief executive Andre Dose said the firm was in talks with potential creditors across the world as it seeks some 500 million francs (*****.25 million) to shore up its finances. Mr Dose told the Finanz und Wirtschaft newspaper
        Reuters  -  265 words
      • 1778 26 cm FLIGHT n* ruGMT no MB 0325 cnt FUCNT n* FUGHT OD S0404 2325 MM* 8*7381 1840 8*7382 2215 FridMllft LH9762 0635 8*7305 22S0 0T«1 *40 0f82 2215 5025 0635 0f5 2250 ITllllfcai 0*975 0855 *1838 2255 UW7M 1445 LMm 2305 mjjj MS5 $0325 VM5 ******
        1,778 words
  • Page 17 Advertisements
    • 175 17 uy Asian exporters to pay higher air cargo rates BACK PAGE LINER SCENE Panama Canal promotes all-water route PA6E2 A ship and its cargo are worth port also has a lot of advantages. We are hundreds of millions of dollars so you can flexible in our business approach and in
      175 words

  • Page 18 Advertisements
    • 846 18 I TO USA/CANADA I I EXPORT 1 I OTHER DESTINATIONS I IVBSa I VOT KG |fll All 1 LONG OUCHI PAUASI HOUSTON |MiMPHS IONCAGOI NtW YORK TO AUSTRALIA (AUSTRALIA ASIA EXPRESS) OOQ. LONG KAOI 01 EM 00/0/ 09/07 25/07 29/07 01/01 30/07 30/07 02/01 VtSStl I VOT "etTs!n* W6 IB
      846 words
    • 438 18 A Lines by #MetT ,b^of»he 133=) Singapore LogisHc, \°m.3/ pipping CONTAMIRS/ X\NX COMVEMTIOHAI CARGO ro«T KUNG/SMGAPOtf JAJUUtW IMNGUK VW ETAPKL ETA SIX ETA MALE tjnpmvs Llh MB 11*7 IV»7 UtT Mild Carrtrr 7MA a*7 2VT UW LIU MARINE SERVICES SINGAPORE pw, >n nti ]m inrttWil hi: CSI47NI SCAM. HART AGENCIES
      438 words

  • Page 19 Advertisements
    • 1342 19 TO EUROPE FROM EUROPE Ivissa IVOTSM GfT ffl> <« HM> W SOU Lffl ifVBSa |WT II >W HO iV SOI W SM HYUNDAI UKITT 314W 00/07 25/07 27/07 29/07 23/07 MC& PROGRESS 0071 04/06 04/04 07/0* 00/04 00/07 Aft CYPtINE 119W 10/07 30/07 01/01 21/07 IPIABUE 111 20/0* 22/o*ll/0* 09/07
      1,342 words
    • 2003 19 "HPMAM OUR SERVICE PROM SINGAPORE 10 BUCK SEA VIA PORT SAID* odessamum udays GOKtAL AGENTS M SMGAPOH M ROMtSO* ID #11-00 SALES/MGS TIL *****157/43 MX: *****321/74 I ISMflullAl M!!S COSTAR SHIPPING PTE LTD smgapomoui« outward (i/u aajosio? *****325/75 I CONITANTZA (ROMANIA) 23 DAYS nwilTIMwS! Ttt; 6226 IWO (MAM) MWAKD (D/
      2,003 words

  • Page 20 Advertisements
    • 1199 20 HYUNDAI MERCHANT MARINE CO., LTD. Hompagt: wwwJmm2l.com CJ MO. **********0H vma voT IS™ ""sou" "iaT "Ttm" ~ant~ him wv |vtssa vot sou lih itm ant ham ~mv i sin AftIREUMD WMW 03/07 11/07 13/07 IS/07 AftCORAI lIS 09/0* 11/0* 13/o*|oJ/07 MM PROMISE 009W 04/07 IS/07 It/07 11/07 11/07 HY GENERAL
      1,199 words
    • 1373 20 WAN HAi INTERNATIONAL PTE LTD a NO; 14******000T VT mmmmmm ||l| ||ll»* TH;6276ISM (14UNES) FAX:*****163 W\WAN HAI LINES V naiVißiMnniWiMiiaaiLMiiafMnMiiuDimTu/atiJts www nh I am nTB. (071) OMMIHut«I>SJJ47MU m. 714M/714M1 NUL7H»» 1 wj wlml l ■M.»l)4lg«3imMl)4lS»re/4ICTW Pr T iTi IT SS lunwui tin am itv nuv i%m tiv hv |m Ml
      1,373 words
    • 679 20 BSAi MYANMA BB FIVE STAR UNE (MyoMior Notioßol Lit*) Loodi>| for Ya«fm vEssa voy sw m pen pgu PAGAN 306* SU) HPA-AN 307W SU IN MALAYSIA: INSTEAD SHIPPING AGENCIES KUL 03-*****300 PKL 03-*****101 PEN; 04-*****02 BANK LINE (A iK»ki of A*4r«w W#ir Shipping) I NOKTHtOUNP TO lUKOPI V CONTAINER, ROM),
      679 words

  • Page 21 Advertisements
    • 1252 21 IVISSiL VOY KHH HKO SIN I PKL I DXB »A> DMM jj* UNDAVIA PCL 319 08/07 ***** 11/07 13/07 20/07 21/07 27/07 29/07 IRAN KERMAN PCL 320 15/07 16/07 19/07 20/07 27/07 21/07 03/08 05/01 IRAN ISFAHAN PCL 321 22/07 23/07 26/07 27/07 03/0* 04/08 11/08 13/08 IRAN HORMOZOAN PCL
      1,252 words
    • 551 21 A k UK CONTINENT SERVICE Loading tar GULSER ANA ROM/ATW/BMN/UK/NAN EVANGELISTRIA RDM/ATW/BMN/UK/NAN Loads Singapore. E7W Malaysia Indonesia MIDDLE-EAST SERVICE Loading for J SAFE DBl/ABU/DOH/BRN/DMM/KWT LOK MAHESHWARI JDH/AQA PAN BRIGHT ADN/HDD/JDH/AQA APJ ANJLI DBl/ABU/DOH/BRN/DMM/KWT "Loads Singapore. E/W Malaysia. Indonesia USA SERVICE Loading tar QUI GONG JINN CAM/NFK/SAV/NOL PAN DYNAMIC VCW/LAX/MZL 'Loads
      551 words
    • 1317 21 vKsa m in eei— _msa «a m jh pacianm OWN 05/07 94/97 -EALBMIAa 22f1l o*/Q7 ot/Q7 W M*P* Eli" 07/47 97/97 -tAOUUI IfiQl liZflZ UZOZ PAC 4AMOA MMN M/ 07 M/07_ fl BOTiM J2flS 10/fIZ li/QZ PAC lAMOA 2SI2H am lfizaz_ MIUUI 1001 17/07 11/07 PAC iawda isw ifi/fiz 11/9/
      1,317 words

  • Page 22 Advertisements
    • 580 22 UGH SKY M7N 1112/07 I TIGER S£A OWN IS-IA/07 22 24/07 21 30/07 I TIGEK BSIOCE OWN 1818/07 2S-27/D7 01-02/01 I T)GOI SHARK 100* 22 23/07 2131/07 05-04/01 I TlGaMY^^loll|^2W^o>^orM/^^^»2/0j SOI CAl^^sll^l 7u5S f37 lOTPt inw 5H757 I HKISMKT 070 13-13/07 20-22/07 01-01/01 I KPKS KNOWN 131 17-11/07 24-24/07 04-05/08
      580 words
    • 1068 22 FREIGHT LINKS EXPRESS PTfcLTD^ 51 Penjuru Road, 3 Level, f V v >• IpjjSr height Links Express Logisticentre, Singapore *****3 E-mail: flesin@singnet.com.sg LCL SERVICE TO CEBU. PHILIPPINES VESSEL MOL MAAS V.561E ETA CEBU Booking 6267# 5565/4694/5535/5580/5541 /5 508/5 5 69/5 560/5 5 6 3/5 514 PROJECT HEAVYLIFT CARGO IfWMIM (CONVENTIONAL
      1,068 words
    • 1452 22 177b IPDZ LINES I I" 1« w CUSTOMER SBtVKfc Til: 02-4221-5594 MX: 02-4277-1190 I I swgaporl towc JOO shipping rn ltd u>ay»HMmn WWW"' 3131 00/07 SiJAKTBtAI 3007 01 07 QUORUM 7 3077 01/07 SHOCK 3019 17/07 GtuAN LM3IO 14/07 19/07 06.QQPARA1 3825 11/07 gggg *****09/07 S.PMUAMG 1071 11/07 S.OAROUR 3077
      1,452 words



  • Page 25 Miscellaneous
    • 119 25 z^* g REGIONAL WEATHER 5 FOR 7AM 7 Jul 2003 Issued by Meteorological Service Division,NEA LEGEND: Thunderstorm Wind speed symbols Showers Fu circle w/o line indicates calm or light and variable winds R a j n One half fleche represents 5 knots Cloudy Day -One full fleche represents 10 knots
      119 words