The Business Times, 14 July 2003

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Total Pages: 26
1 26 The Business Times
  • 15 1 MITA (P) 024/03/2003 85$ THE BUSINESS TIMES SINGAPOR E Into.ret .com.sg MONDAY, JULY 14, 2003
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  • 977 1  -  PTi-MAmm He gives good reasons why the department isn't always as forthcoming as many want it to be Reports by Wong Wei Kong [SINGAPORE] Two years may seem too long to complete a probe into a share trading offence, but that could just
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  • 917 1 THE crooks have gotten smarter and so have those whose job is to catch them. But to Commercial Affairs Department (CAD) director Tan Siong Thye, the rules of the game remain unchanged. "Fundamentally, crooks are crooks, cheats are cheats. It's old wine in new bottles.
    CHRIS LOH  -  917 words
  • 326 1 AFTER going through one of the country's gloomiest times in recent history. Singaporeans can look forward to a more cheerful second half, Trade and Industry Minister George Yeo said yesterday. Speaking to reporters on the sidelines of an informal meet of Asean Trade Ministers, Brigadier-Gener-al
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  • 62 1 Week Change ST1 I544.N4 4M KLSEOOMP mm 121 NIKKEI 225 963*35 +H7.62 HA.Mi SENG 9911.50 >274.1)9 SET INDEX 4*4,19 -11,13 JAKARTA COMP ***** »2tt.«0 MANILA (IMP ...1270.77 .650 TAIPKI WPI 5239.96 .88.11 SEOILCOMP 704.15 10.80 SHENZHEN B 227.46 +844 Al ST ALLOW) JW22.HO +22.00 DOW JONES *****9 .493* NASDAQ
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  • 81 1 FOREX RATES US$ SI TS$ (SS per l SS) 1.757 *(l SS/SS per Vl) I KM 1871 ElRO(lS$/SS/E). 1.134 1992 YEN 117.8 67(10 KM 3.800 216.1 HKS 7.799 4439 BAHT 41.63 23.69 KIPIAH 8,216 4.676 RENMINBI 8299 4723 INDIAN RI'PEE 46.08 2623 AS 1.521 0.865 NZS 1696 0966 PRIME
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  • 710 1  -  From', Shoeb Kagda in Jakarta SINGAPORE and Indonesia have moved to put aside their recent dispute over the publication of trade data both countries assert that bilateral ties between the two close neighbours remain good. But speaking to Singa-pore-based
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  • NEXT page
    • 507 2  -  It claims S'pore made RM662m from selling processed water to Malaysia in 2001 From Eddie Toh in Kuala Lumpur THE Malaysian government has charged that Singapore pocketed more than half a billion ringgit in the sale of water processed from raw water it
      507 words
    • 601 2  -  By Chuang Peck Ming [SINGAPORE] The European Union may have put free trade deals with Asean on hold till after the WTO talks are concluded, but that will not stop it from pursuing broader cooperation with individual Asean members in the meantime. European External
      601 words
    • 221 2  -  From Shada Islam in Brussels THE European Union may decide to negotiate "deep integration" regional trade deals with Asean, following the conclusion next year of World Trade Organization (WTO) talks on global trade expansion, European Union trade chief Pascal Lamy said last Friday. Such
      FILE PHOTO  -  221 words
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    • 323 2 A E~>\ /ff The Professionals in Executive Network. Leadership Journey. School of Business Management PhD in Business Management -ioih intake September Doctor of Business Admin (DBA) 7th intake Executive MBA 9th Intake November #MBA in General Management 35th intake September Corporate Leadership Entrepreneurship MBA Bth intake International MBA 25th Intake
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  • SINGAPORE companies
    • 758 3  -  BTiaimiuuuj Revenues from prepaid mobile phone cards seen rising Tang Weng Fai PREPAID mobile phone cards may become a key cash cow for all three mobile telecom operators in Singapore, going by indications of falling revenues from postpaid phone cards and a steady increase in
      758 words
    • 558 3  -  neil behrmann HOW fashions change. Early last year, commodity currency bonds hardly featured in financial press reports. Now a host of stories, quoting bullish economists and strategists, are forecasting blue skies ahead. The main reason for the optimism is the consensus view that the
      558 words
    • 391 3  -  COO raises projection from 20% made in May By] Kenneth James THERE'S an air of confidence at SingTel's Optus unit ahead of its quarterly results, with CEO Chris Anderson supporting his chief operating officer's remark that Ebitda margins for the new fiscal
      391 words
    • 545 5  -  Despite interest rate drop, signs of impending collapse are already present By Oh Boon Ping A REPORT by dollarDEX Investments warns that the bond market may collapse. The wealth management firm's study, which keeps track of the bond price movement and interest rates for
      Source dollarDEX  -  545 words
    • 455 5  -  Bb Kalpana Rashiwala CAPITALAND is expected to sign up the United Arab Emirates' biggest property group, chaired by Dubai's economic czar Mohamed Ali Alabbar, as a core investor of its maiden China property fund which will have an initial size of US$lOO
      455 words
    • 368 5 Bloomberg SIA Engineering Co, the aircraft maintenance unit of Singapore Airlines Ltd, will review its cash usage, and its borrowing and dividend payout policies. Shareholders at its annual general meeting last Saturday said the company should pay out more dividends and tap the debt
      Bloomberg  -  368 words
    • 243 5  -  By Oh Boon Ping AGVA, which makes media storage and multi-purpose storage products, plans to launch its initial public offering tomorrow for a main board listing on the Singapore Exchange. The Hong Kong-head-quartered company has so far not revealed the size of the
      243 words
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  • SINGAPORE markets
    • Article, Illustration
      331 4 OTHER SINGAPORE INDICES Jul 11 VALUE CLOSE BTO&DS 547.00 +74.00 BTCADt *****.00 +226.00 BT 10-day MA -*****.00 +55XX) AM-SG Equities 417.28 +7.29 SG Equities Elect 147.91 +0.46 SG Equities Fin 1322.30 +34.13 SG Equities Prop 401.36 +5.08 MSC1 Singapore 190.88 +3.76 SiMSCI Futures 191.60 +3.90 Stocks Volume IPC020C 394.613,000 Chart
      331 words
    • 295 4  -  By R Sivanithy CLEARLY, the market at the moment is in the grip of rotational, pennyfever. It's a condition characterised by a frantic search for stocks or warrants of small-caps which haven't moved yet. It's a desperate play on the
      295 words
    • 777 4  -  STOCKS r. sivanithy THE stock market rally of the past ten weeks has raised the intriguing prospect of a whole new set of paradigms replacing the old. From jobless and clientless recoveries to the question of whether valuations matter, a sea change
      777 words
    • 1030 4 But Australian dollar plunges from five-year high as investors get jittery AFP [HONG KONG] The yen edged higher against the US dollar over the last week in a reflection of stronger Tokyo share prices but the Australian dollar plunged from a five-year
      AFP  -  1,030 words
  • 50 4 UNIT TRUSTS FUNDS (■■HO; AM pricai are indicative except for [i Ibngntt Mmu. lioadty Ouai lifted. I Sarrowfy Focund; lowar RWc Low to Madiutn RMc ft Medium to High Rak. Higher Kate »ope« Handed;* Mora aiidlwdnn of unit* Attar subdivision of unitx SP attar Woc>«*t N.A-Woo Daafing Day— Boor Mn«o.tlS
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  • Page 5 Advertisements
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  • FOCUS optus
    • 1182 6  -  Spurred by a challenger mindset, Australia's No 2 telco is trying harder and the effort is paying dividends, Kenneth James discovers Kenneth James THE view from the 35th floor of Optus Centre in North Sydney is magnificent. One could easily imagine the executives who
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  • Page 6 Advertisements
    • 190 6 SEMINAR ON STRATEGY OF FACTORY SETTING OP IN lOHOR AND MALAYSIA AS MY SECONP HOME 1. Registration of a Malaysian Company 2. Procedure of setting up a factory in Johor 3. Application for Tax incentives, e.g. ITA Pioneer Status, DTR 4. Application for Import duty Exemption (e.g. CMW G5) 5.
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    • 245 6 SingTel's Optus moving strongly into Aussie business market, BizlT.Pg 16 Risk Management MPfffjVffl workshops The Law Banking Secrecy 25 Ju 2oo3 $390 members Get an update on the latest amendments to the $470 non-members Banking Act relating to banking secrecy. Financial Advisers Act is Aug 2003 W rules regulations for
      245 words

  • Page 7 Advertisements
    • 865 7 B International Business Success With increasingly intense global competition, Enzer Electronic* pte Ltd International Enterprise Singapore (IE Singapore) has with the,r des,gnspitched at 30 affordabte price, the Enzer range entertainment information and communications products has CI C C won over the emerging middle dass consumers competencies critical to a firm's
      865 words

  • SINGAPORE news
    • 438 8  -  P=™ on the economy wholesale prices By Kalpana Rashiwala THE wholesale price indices which contain pointers to future inflation, or deflation fell in May. The domestic supply price index, which measures the changes in the price level of goods manufactured locally or imported which
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    • 413 8  -  The facility will focus on developing products tailored for Asian market By Daniel Buenas US-BASED medical diagnostic manufacturer Welch Allyn has set up a research and product development centre in Singapore, the company's first in the region. This may be the company's
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    • 280 8 FOR the past 10 years, 21-year-old Kelvin Ang has been wheelchair-bound and had to rely on family and friends to get around. But this dependence will not last much longer as Kelvin will soon be in the "driver's" seat of a brand new motorised wheelchair,
      CHRIS LOH  -  280 words
    • 168 8  -  John Palmer Deputy Managing Director (Prudential Supervision) Monetary Authority of Singapore THIS is in reference to the report, "MAS to set up protection fund for policyholders" (BT, July 12). The report quotes me as saying that the Monetary Authority of Singapore is looking
      168 words
    • 253 8  -  Tan Thai Hong CEO, HDB Corp I REFER to the letter "CEO's brutal frankness may harm image" by Tan You Leong (BT, July 8). I thank the writer for h:s interest in HDB Corp. HDB Corp was not built up from
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  • Page 8 Advertisements
    • 604 8 W Y.Y.! I 'I L rTWV* 1 n I r.T m T.I I J h| VJ 1 I U J I I M I IVJ I I I I I I I I I M—— 9■• 1 r-4 n I I I' v V I I k l I I
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    • 99 8 Fax your letters to 6319-*****r emad them to btletterGsph.com.sq or write to: The Business Times, SPH HQ, 1000 Toa Pmyoh North, Podium Level 3, Singapore *****4. We need your fuH name, address and telephone number for verification. Piease use temperate language, and bear in mind libel laws. We reserve the
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  • REGIONAL news
    • 731 9  -  BTW.!..!..WTn MALAYSIA It may be more productive to Just integrate foreign and local Journalists into an organisation that already exists diana oon abdullah LAST month, Malaysia's Information Minister Khalil Yaacob urged some 50 representatives of the foreign media in the country to set up
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    • 844 9 KUALA LUMPUR Bloomberg MALAYSIAN companies led by Telekom Malaysia Bhd plan to sell RMIB billion (SsB.3 billion) of bonds this quarter, making it the busiest period in four years for debt sales. Investors seeking higher yields will be eager to buy, said fund managers
      Bloomberg; AFP  -  844 words
    • 891 10 COMMODITY Weeklyßoundup AFP (LONDON] Oil prices romped up to the highest level for almost four months last week on worries about the outlook for gasoline supplies and a tropical storm in the Gulf of Mexico. A resurgent US dollar meanwhile drove gold prices down
      AFP  -  891 words
    • 409 11  -  Independent mechanism will depoliticise issue and boost investor confidence: B6 Yeo From Shoeb Kagda in Jakarta ASEAN member nations have agreed to flesh out the idea of creating an Asean Economic Community by exploring the possibility of establishing an independent tribunal to resolve
      409 words
    • NOTE Book
      • 69 11 Bloomberg [MANILA] Philippine Long Distance Telephone Co may post first-half income of as much as 5.8 billion pesos (Ssl9l million), the Philippine Star reported. Citing company president Manuel Pangilinan, the paper said profit will likely surpass five billion pesos. That result would imply
        Bloomberg  -  69 words
      • 85 11 AP [JAKARTA] A state-owned aircraft maker, once viewed as the pet project of former president B J Habibie, closed its operations temporarily because of financial difficulties, Indonesian news reports said yesterday. Employees of PT Dirgantara Indonesia showed up yesterday at the company's grounds to find
        AP  -  85 words
      • 80 11 Bloomberg [HONG KONG] Hopewell Holdings Ltd, seeking to raise US$466 million selling shares in its China toll-road business, said the unit's profit will rise by at least a third this year. Hopewell Highway Infrastructure Ltd, owner of one of south China's busiest toll roads,
        Bloomberg  -  80 words
    • 373 11 MANILA AFP A COURT ruling stripping tycoon Eduardo Cojuangco of control of United Coconut Planters Bank (UCPB) could also lead to the Philippine government's possible takeover of brewer San Miguel Corp, an official said on Sunday. The anti-graft Sandiganbayan court last
      AFP  -  373 words
    • 487 11 HONGKONG He may reshuffle Cabinet to shore up position: analysts AFP AP Bloomberg A TOP mainland Chinese official has described Hong Kong Chief Executive Tung Chee-hwa as indecisive, dealing another blow to his bid to defuse a simmering political crisis after massive rallies forced
      AFP; AP; Bloomberg  -  487 words
    • 295 11 HONGKONG Reuters The Hong Kong Monetary Authority (HKMA) said William Ryback, a former director of the US Federal Reserve, will replace David Carse as deputy chief executive of the city's central bank. Mr Ryback will replace Mr Carse in late August to take charge of
      Reuters  -  295 words
  • Page 9 Advertisements
    • 760 9 An investment that thrives in any climate With over 40.53%' returns in 2 years, look at emerging markets soveriegn bonds. If you want growth and a dividend payout of at least 3% p.a. look no further than OEMs—the Free Insurance United Global Emerging Markets Portfolios. Investing primarily in high-yield emerging
      760 words

  • 752 10 FINANCE COMMODITIES Week ended: Jul 11 SnCQAPORE OOVERMMEMT SECURITIES PfDICATPTE PRICES AMP YIELDS Met Met TwCwpwi mtwtty C«4t Y TII f Otfw Tw tmf Mrtwtty CU» Y T M OWw 5 YR 5.125 1-Sep-03 N*****1X 0.77% 0.448% 100.66 100.71 10YR 5.625 l-Jul-08 NX*****H 1.57% 1.55% 119.35 119.45 5 YR 3.500
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  • 1612 10 SI COM FUTURES Juin RUBBER Futures (dosing prices) RSS1 (S cents/kg) Close Volume Open Worth High Low Sett (tonnes) Intf $t Aug 03 175.25 Sep 03 168.75 Oct 03 167.50 Nov 03 165.75 RSS 3 (US cents/kg) Volume Open Month High Low Sett (tonnes) Interest Aug 03 9&50 9&50
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  • Page 11 Advertisements
    • 1358 11 TO advertise call toll-free 1800 289 8822 Email: nodceB9sph.coiD.sc IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) ANO IN THE MATTER OF PRESTIGE FASHIONS PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act. Cap. 50.
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    • 163 11 IN THE MATTER OF KIGLOBAL PTE LTD (IN VOLUNTARY LIQUIDATION) AND IN THE MATTER OF COMPANIES ACT, CAP 50 NOTICE IS HEREBY GIVEN' that in pursuant to Section 308 of the Companies Act. Cap 50 the Final General Meeting of the Members of the abosenamed Company will be held at
      163 words
    • 776 11 > HORIZON EDUCATION AND TECHNOLOGIES LIMITED (Incorporated in the Republic of Singapore) NOTICE OF ADJOURNED ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the adjourned 4th Annual General Meeting of the shareholders of the Company will be held at Blk 970, Toa Payoh North, #01-01/03, Singapore *****2 on Wednesday, July
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  • REGION world
    • 420 12  -  It's the favourite European destination for India, China, Singapore investors From Neil Behrmann in London THE number of foreign investment projects in Britain rose last year, despite fears that the country would be adversely affected by the failure to join the euro. Indeed Britain continues
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    • 632 12 BANGALORE Reuters RAJIT Gangadharan thought his dream had come true when a call centre offered him an attractive job soon after he finished a bachelor's degree in commerce. With shopping coupons, free passes to entertainment shows, a fun office environment
      Reuters; AFP  -  632 words
  • 1213 12 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 (C) PE (timet) mendaWons but not every stock is followed by aH the 29
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  • 756 12 i Week ended: Jul 11 ma—» m o— loo— a—^ SOc 3** > cm MKSM Bt DM J 700 -ft030 UK OSS I ISO "OOSO OCBC 1'i 10 400 -0 B0 c'it i«o .axo our ost 7.is> >o iaa Owt VannCend Mc 112 t t« .00*0 hrtM, H 2S<
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  • 604 12 BONDS WARRANTS Prent Unr) Last Vol Com Liar One Gw lihhs Ci«pi«y Ml —c- r—) Wf I«b Uft AST1W*****1 I 15 221 1 16 14 2.63 11 Aetna Ltd W*****6 15 unch S86 1 50 368 7 33 16 Amtek W*****0 7» 4.5 466 1 33 1 1.41 23 Armstrong
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  • Page 12 Advertisements
    • 179 12 Good Class Bungalow FOR SALE BY TENDER H* 3 storeys with lift, pool and basement car park Land Area approx. 16,9535qft CFA approx. 15,252 sq ft On high ground with unblocked view •Exclusive residential area opposite Holland Village Tender closing: 15 August 2003 (Fri) at 3 p.m No. 12 Ford
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  • WORLD news
    • WORLD Watch
      • 78 13 Reuters [LONDON] Reckitt Benckiser, the world's biggest household cleaning products company, is considering bidding up to £566 million (Ssl.6 billion) for Durex condom maker SSL International, The Business said yesterday. The newspaper, quoting unnamed sources familiar with the situation, reported that Reckitt, whose interest was
        Reuters  -  78 words
      • 87 13 Bloomberg [PRINCETON] Warren Buffett, the second-richest man in the world, said he is willing to make three more lunch dates —at U*****,000 each to raise more than a million dollars for a San Francisco charity. Two, and possibly as many as three additional companies,
        Bloomberg  -  87 words
      • 59 13 Bloomberg [BOSTON] Tyco International, a conglomerate once criticised for its executive pay packages, adopted limits on severance and change-in-control agreements to improve the company's corporate governance. Senior executives also will be required to retain a minimum percentage of shares awarded under pay plans and to
        Bloomberg  -  59 words
      • 84 13 Reuters [LONDON] English premier league football club Tottenham Hotspur is planning a £15 million (Ss43 million) rights issue to boost its ability to snap up players from rival clubs, the Sunday Times reported. The newspaper said Tottenham chairman Daniel Levy was understood to have sounded
        Reuters  -  84 words
      • 83 13 AFP [NEW YORK] Enron Corp filed plans here Friday to emerge from a bankruptcy that shook the financial world, promising creditors a paltry repayment in the form of cash and a stake in the remnants. Ordinary shareholders will receive nothing. The scheme, a so-called Joint
        AFP  -  83 words
    • 353 13 AFP [DUBAI] David Beckham and Michael Owen are among 11 England footballers who have bought holiday homes on one of the palm tree-shaped islands being built off the coast of Dubai, developers said yesterday. Beckham may have left Manchester United for Real Madrid, but
      AFP; AFP, REUTERS  -  353 words
    • 453 13 LONDON It says main rival infringed 3 patents on automated trading technology FT Reuters GLOBAL news and information company Reuters Group pic has sued its main rival Bloomberg LP in a US federal court, alleging patent infringement and seeking unspecified damages. Reuters, the world's
      FT; Reuters  -  453 words
    • 130 13 AFP [WASHINGTON] Coca-Cola Co, the world's largest soft drinks maker, said last Friday that the US Justice Department had launched an inquiry into the company's accounting and marketing practices. The drinks multinational said the government probe is related to a private civil suit filed
      AFP  -  130 words
    • 331 13 NEW YORK Bloomberg GE Capital Corp, the financing arm of General Electric, is moving about US$5O billion of assets and liabilities onto its balance sheets to comply with new accounting rules, the company said on Friday on a conference call with
      Bloomberg  -  331 words
    • 575 13 An American corporate governance guru lists 3 factors which really matter Reuters [NEW YORK] WITH a bewildering array of experts now offering different ways of measuring how well a company is rim, it can be difficult for investors to separate what really matters
      Reuters  -  575 words
    • 269 14 TOKYO Says time is right for companies to start taking chances again Reuters JAPAN'S top economic policy minister yesterday stopped short of calling recent signs of a pick-up in the economy a recovery, but expressed optimism that better times lay ahead. Economics and Financial Services
      Reuters  -  269 words
    • 228 14 Reuters [SUN VALLEY, Idaho] AOL Time Warner chief executive and chairman Richard Parsons and former chairman Steve Case said on Saturday that there was no pressure for Mr Case to step down from the board of the media conglomerate. Mr Case and other members
      Reuters  -  228 words
  • Page 13 Advertisements
    • 90 13 T¥Tl a J A -A Presented Diners Club Credit Card To apply, call: 6416 0980 Where to wine, dine and entertain... Treats Marina Bistro shows that healthy can be yummy. Our tasty menu highlights include poached salmon, baked chicken with citrus sauce, steamed asparagus in honey dressing and healthy salad.
      90 words
    • 88 13 whin you wool o p»itoct Hon to rn« >»it of your lit# i»ov» it to th« xp• rt• I Coll our HOTLINE *41* 10SS to spook to our Woddlng Plannon and find out how you con hav* o porfoct wadding calibration right horol Hoovonly Mm (onquot Chotc* of f-courM ChtoMO
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    • 77 13 $5.80 Nett Per Item V With f Ml I h«m t* nf (>np I aMee/lr*Ml l*tr>k« <jf C"h«n On** Oyako Don (Chicken Egg with Rice) Penang Fried Kway Teow Slice Fish Hor Fun Hainanese Mutton Stew Sauteed Chicken with Chinese Sausage It's Time All Day nell etch Juf#Sls.oo ncU each
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    • 180 13 FOR THIS WEEK ONLY CHAMPAGNE CLICQUOT YELLOW LABEL BUY 5 BOTTLES GET 1 FREE* ST EMILION CLOS DES MOINES 1998 BUY 5 BOTTLES GET 1 FREE* BORDEAUX GERICOT RESERVE 1999 BUY 5 BOTTLES GET 1 FREE* 14 JULY to 18 JULY 2003 Harms and conditions apply A* Hitachi Tower. #01-17,
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  • 6 14 Week ended: Jul 11
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  • 327 14 U-Wk Ian Vol WMfc loA Quota GfOlv M» GrVM MM MCae HW low Cowyany Sab W- 30C Mi0i Low »mr«r SdUr Cw HI jiJ 168 r AVienn.ngsA25t A149*d -14 799 163 142 148 150 40 3.4 6.7 8.7 320 7 CathayPac 20c MK720 265 2.1 7.4 6 *****J
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  • Page 14 Miscellaneous
    • 190 14 CRYPTIC CROSSWORD animals (4) 27 House of Orange 7 (8.6) island (4) 26 Fool, colt needs breaking in 28 Paddy having a true disorder 7 where prospects are better 4 could make it rise (1 f or ra jiway travellers (11,3) 8 One's owri protection (4-7) YESTERDAY'S SOLUTION "OWN rediscovered
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  • BizIT
    • 891 15  -  n-M.ui.iiJ.ia INFOTECH Xs the hoopla for real, or is It a hot-air bubble that may burst before It takes off? raju chellam THE market for WiFi "hotspots" seems to have suddenly heated up in Singapore. Last week, two major announcements were made with
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    • 293 15  -  Funds from Jafco to go into new fixed assets, expansion By] Raju Chellam SINGAPORE-based chip design firm, FTD Technology Pte Ltd, said it received a fresh infusion of $6 million from Jafco Investment Asia-Pacific Ltd, a venture capital firm formerly called Nomura/ Jafco
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    • 483 15  -  Nanotech on track to be biggest US govt-fnnded science project since '60s space race By« Jennifer Beauprez The Denver Post IMPLANTABLE brain sensors that enable quadriplegics to walk. Khaki pants that repel stains. Bathroom sinks that never need cleaning. Bulletproof vests and dynamic armour that
      The Denver Post  -  483 words
    • 346 15 Reuters [SAN FRANCISCO] Close to 2,000 Windows-based PCs with high-speed Internet connections have been hijacked by a stealth program and are being used to send ads for pornography, computer security experts said. It is unknown exactly how the so-called "Trojan" program is
      Reuters  -  346 words
    • 271 15  -  By Amit Roy Choudhury MAINBOARD-listed Eastern Asia Technology Ltd, which makes audio, video and Internet appliances, has tied up with US-based HandHeld Entertainment to produce the world's first personal video player under US$lOO. Under the two-year deal, Eastech will manufacture "ZVUE!",
      271 words
    • 237 15 AFP [TOKYO] Japanese firms producing semiconductormanufacturing equipment are boosting output of machines capable of making advanced chips in response to recent growing demand. Japanese camera maker Nikon will release in October new technology that can draw circuit patterns as narrow as 80nm (nanometres), the
      AFP  -  237 words
    • IT TAKES
      • 81 15 CANON Singapore has introduced an all-in-one printer. Called MP 730, L. it comes with new multicard slots that let you print photos m directly from Compact Hash. Smart Media, Memory Stick and Digital/MultiMedia memory cards. It prints 22 PPM (pages per minute) at 4,800 dpi (dots
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      • 52 15 CANON Singapore has introduced two new digital camcorders, the MVXISOi (left) and MVXIOOi. They come with Canon's aspherical lenses and a new Digic DV chip to process images. They also feature Canon's advanced image stabilising system. The MVXISOi costs $1,850 and the MVXIOOi costs $1,690. For details,
        52 words
      • 59 15 PACIFIC Internet said it will offer free anti-spam service to its customers in Singapore from next month. The solution has been developed in-house. "This is the first such service offered by an ISP here for consumer subscribers," PacNet said. "It follows the recent commercial launch of our
        59 words
      • 85 15 DATACRAFT Asia has won a deal from South Korea's telecom service provider, KT formerly called Korea Telecom to integrate KT's WLAN (Wireless Local Area Network) and ADSL (Asymmetric Digital Subscriber Lines) with an authentication, authorisation and accounting (AAA) system. The contract is worth over US$l million,
        85 words
      • 51 15 BENQ Singapore has released a new 19-inch LCD monitor, the FP99I. It offers 700:1 super-high contrast ratio at SXGA (1,400 by 1,050 pixel) resolution. It is 1.8 cm in width and can be easily wall-mounted for greater placement flexibility. It costs $1,299. For details, visit
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      • 96 15 INFINITI Solutions Pte Ltd, a semicon test and assembly service provider, said it has completed the integration of Automated Technology (Phil) Inc, a semicon test and assembly company based in the Philippines. "The transaction was largely non-cash with Inflniti acquiring 100 per cent capital stock in the
        96 words
      • 67 15 ERNST Young Singapore and Computer Associates International are jointly offering "a portfolio of security resources designed to provide homeland security solutions to government agencies and commercial organisations in South Asia," E&Y said. "The alliance in South Asia is led by Ernst Young Labs for Internet and
        67 words
      • 71 15 ADOBE Systems said it has expanded and upgraded its digital video software products, including Adobe Premiere Pro, Adobe After Effects, Adobe Audition and a rebranded Cool Edit Pro audio editing software. These are available separately as well as in the Adobe Video Collection. The Professional TTC#I AGty*
        71 words
      • 69 15 S&l SYSTEMS Pte Ltd a wholly owned subsidiary of S&l Technologies Asia, has been appointed exclusive distributorof Vyant Technologies' Real Time rapid data recovery software for the Asia-Pacific. "RealTime can potentially recover and verily a terabyte to a petabyte of data in less than 15 minutes
        69 words
      • 26 15 ABACUS Internationa] has appointed John Lau as CFO. based In Abacus* Singapore HQ. Mr Lau was previously vice-president (finance) with Praxair Air Inc.
        26 words
      • 36 15 A TWO-DAY "IBM Forum 2003—Your edge In the on-demand era" will be held from July 22 at the Raffles City Convention Centre. It is organised by IBM Singapore. For details, visit www ibm.com/sg/fbrum.
        36 words
      • 39 15  -  Compiled by] Raju Chellam, Amit Roy Choudhury A FORUM on "Creating the virtual and agile enterprise" will be held on July 22 at the Fuflerton Hotel" It is organised by Premiere Conferencing. For details, e-mail jmnie.ngiapremcor\f.cofrusg.
        39 words
    • 959 16  -  Its business division focuses aggressively on key segments as it seeks to win companies over with IT services, Kenneth James learns in Sydney Kenneth James WHEN is a telco closer to the likes of IBM Global Services and EDS than to traditional
      959 words
    • 222 16 Bloomberg [PRINCETON] IBM Corp is in talks for a multibillion dollar computer-services order from Qwest Communications International Inc, the fourth-largest US local telephone company, analysts said. The discussions have been going on for several months and may be nearing completion, analysts said.
      Bloomberg  -  222 words

  • Page 16 Advertisements
    • 120 16 i'Vi 1 gfcJm grsmj^^^^Mß WOra^^HltftMHNMlHfliH Wlm in technology for technology's sake. We believe in water purification technology that is Technology touches your life. In ways that are shaping not *»Mwm»ctwi* helping to keep mountain lakes as beautiful as nature intended. Or transportation systems that are bringing new levels just the
      120 words

  • SHIPPING TIMES
    • 292 17 Contributed by Simpson Spence Young GERMAN buyers have dominated the tanker sector with several purchases of modern topnage, all combined with timecharters. BULKCAUUER& Arthur Stove: 69,100 Tdw Bit 6/96 Imabari Crs 4/30 ts. Magnus Stove: 68,541 Tdw Bit 10/95 Imabari Crs 4/30 ts reported sold region U5520,000,000 each
      Contributed by Simpson Spence & Young  -  292 words
    • 257 17 {ex '000 -MJI t$ *h Vol C*fT Distribution 0.58 unch 319 CNfcnHup 0.43 0.01 3365 CROffshor* 0.23 0.0t 1063 CdRo Hvwtmwt _.0.33 0.01 3300 FrMght Link* 0.06 0.01 1440 GBnoidlngs 0.74 0.02 27 J*fb Holdings 0.39 0.01 882 K*ap*l Corp 5.05 unch 1033 Klvtntur* 0.22 0.01 9429 KapMTM
      257 words
    • 615 17  -  Container volumes stagnated in fiscal 2002-'O3 bnt has improved marginally this year By Donald Urquhart [SINGAPORE] Stagnating container volumes at PSA Corporation's PSA-Sical Container Terminal in India have led the Tuticorin Port Trust to re-evaluate earlier expansion plans for the port. Speaking to
      615 words
    • 250 17 Highest figure since waterway was opened in 1869 AFP [PORT SAID, Egypt] The Suez Canal, one of Egypt's biggest sources of income, has pulled in record revenue of more than US$2.3 billion this year, the canal authority reported. In the 2002 financial
      AFP  -  250 words
    • 190 17 Bloomberg [MUNICH] Copenhagen Airports, the operator of the two airports serving Denmark's capital, said it hopes to build a container terminal serving ships, trucks and trains by 2008 to encourage freight-transfer traffic. The US$l5 million terminal would be built near Copenhagen Airport
      Bloomberg  -  190 words
    • 648 17 AFP [COPENHAGEN] Maersk Mc-Kinney Moeller, the head of a Danish shipping and oil empire with 60,000 employees, is a living legend who, despite turning 90 yesterday, still walks up the six flights of stairs to his office every day to attend to business.
      AFP  -  648 words
    • 241 17 Xinhua [HAVANA] An American-flagged vessel has docked in the Havana harbour for the first time in nearly four decades, delivering a cargo of wood and paper to Cuba. The Helen 111, of Maybank Shipping firm. South Carolina, delivered six tons of
      Xinhua; AP  -  241 words
    • 163 17 Xinhua [PANAMA CITY] Panama has signed four shipping information exchange agreements with several US port cities on the Atlantic Ocean. The agreements were signed between the Panama Canal Authority (ACP) and the authorities of the American ports of Florida, Houston, Charleston and New
      Xinhua  -  163 words
    • SHIPPING news
      • 903 18  -  DOCKYARD -Bi David Hughes THIS is going to be a long hot week at the International Maritime Organization's (IMO's) London headquarters, and not just because the temperatures in the UK capital are forecast to be close to those in Singapore. The political temperature
        FILE PHOTO  -  903 words
    • 3 18
      3 words
    • 3 23 THEBUSINESSTIMES
      3 words
    • SHIPS IN PORT
      • 479 25 Vessel Voy Wo Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL UNICORN NO.1 106 J10 A/SIDE 14/07 2359 YUFENG 0311 J15 A/SIDE 14/07 0400 BAYSWATER118 M3159 J3 14/07 0900 14/07 1700 BTRATUAYU *****3 J1 14/07 0800 14/07 2000 CROWN P 1501 195-03 J24 14/07 1400 14/07 1630 FAIR SKY 39A
        479 words
      • 2 25
        2 words
      • 520 25 Cjrfcon 160 Max 986.2 0.6 W.O 0.07 20 0.06 i-i runntw Nittr Rtsidu# AshAluminium Stdlmtnt ''o dbove E25 0 0 0 £!2 22i!l! 380 Aw 986.0 0.3 15.1 0.05 19 0.02 u 380 Mai 990.1 3.0 17.4 0.09 57 0.08 M/W'l v/v m/m m/m inetnoa Wo
        520 words
      • 141 25 Jul 14 France: National Day. U Kingdom: Orangmen's Day. Jul 15 Brunei: Sultan Birthday. Thailand: Buddhist Lent Day. Jul 17 SKorea: Cons Day. Jul 20 Japan: Marine Day. Aug 1 China: Founding Chi PLA. Aug 4 Australia: Picnic Day. U Kingdom: Summer Hoi. Aug 12 Thailand: Queen's Birthday.
        141 words
      • 830 25 THIS report, compiled by Cockett Marine 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 average sized stem. Market movements are indi cated The Cockett Hunker Price Index change and
        830 words
    • AIR & LAND transport
      • 748 26 Govt to revamp airline to make it more attractive to private investors AFP [ATHENS] Greece is making a last-ditch effort to save its cash-strapped national flag carrier Olympic Airways (OA) from the gallows. "Olympic has reached a bottleneck," a senior Olympic group
        AFP; FILE PHOTO  -  748 words
      • 629 26 It says the Swiss government and the airline's creditor banks back the bid Reuters AFP [ZURICH] Germany's Lufthansa Airline has made a firm takeover bid for Swiss International Air Lines, a struggling carrier that has been slashing its route network, fleet and
        Reuters; AFP  -  629 words
      • 246 26 Reuters [SHANGHAI! US aircraft giant Boeing Co plans a US$lOO million airplane repair and maintenance joint venture with Chinese partners in Shanghai late this year, the official China Daily said. "Boeing is looking at a long-term partnership (with China) and finding ways to
        Reuters  -  246 words
      • 319 26 Bloomberg [MUMBAI] Air India said its board will continue discussions on choosing between Boeing Co and Airbus SAS to supply 18 short-range aircraft for the country's international flag carrier. Air India's purchase committee submitted a report to the board evaluating the
        Bloomberg; REUTERS  -  319 words
      • 385 26 Labi wra cm AIRLME COOES AAAmenanArms(AAL)AfAr Fame (AFR) Al ArKidu (AK). AY Fmtr Of fit). AZ AtOki Arms (AZA). BA Bntsh Amnys Puttc LU Co (BAM BG ftmjn BtngMesh Arms (BBC) W Roy* Bruna Artnes Son BK (RBA) BO BourAQ Artnes (BOU) BR EVA Amays Corjn
        385 words
  • Page 17 Advertisements

  • Page 18 Advertisements
    • 891 18 TO USA/CANADA I I EXPORT 1 1 OTHER DESTIMATIONS I VBSa |vOY PIG |fmi LONG KAOl| DALLAS HOUSTON MEMfHK |OBCA6O| KW YOBK TO AUSTRALIA (AUSTRALIA ASIA EXPRESS) OOQAMGOCA 70E29 15/07 14/07 01/01 05/01 08/08 06AW 04/D8 01/08 ]ysj£ VOY EIAS«I Ptt FtE —M I STB Ml AM OOQCAURMNtt 72E30 22*7
      891 words
    • 471 18 linn jervices represented by »k. jSSkg Members of (he Regis»ry of c Accredited Agenh, 3 SS=. X°»i. 3/ Sirtgopore Shipping AssocioHon «v CONYDTTKMAi CARGO wr KU G JAAATtt 4 UNGKOK VW ETAPKL ETA SIN ETA MALE Km pm* lih 0«S IV*7 li« 7 M*7 VUld Carrier 748 A ZVT &K7
      471 words

  • Page 19 Advertisements
    • 1263 19 TO EUROPE FROM EUROPE ivcsa Ivors* at »tm anr ham »v sou im llwssa Ivor nw mm ham »v sou swl HYUNDAI FREEDOM 314W15/07 01/01 03/01 05/08 30/07 "OPtKM* tW 14/06 */06- '5/07 AHCOMt 113*17/07 M/W W/MO4/01 JOS m M* mummma oiow 11/07 03/00 os/oo om»o*/» wmbmwwuk js J»/ot HYUNDAIGBBUL
      1,263 words
    • 2408 19 "VMRAM OUR SERVKE FROM SINCAPORI TO sua HA VIA PORT SW OMttA(IKKAM) If DAYS lIYCRIVSK (UKRAINE) 20 DAYS mmm ACHITS M IMUKMI: M NMBOH to #11-00 SAUS/MGS TIL 4420J457/41 HUL A2U5321/24 I rMMHMWi IiAMIMIII ri l\m tOf TAB (HIPPING Ml LTD smgapom 0441W ourwwton/u mnsw *****325/75 I lOWTMTII (ROMMIAj Z3wn
      2,408 words

  • Page 20 Advertisements
    • 1256 20 HM/trHYUNDAI MERCHANT MARINE CO., LTD. wwwJ—2l.t— Cll MO. **********011 |vissa vor {fc sou l« rtm ant ham 1 wv [vtssti voy sou I uh I »tm I ant I ham my 7B" apicyprme utw io/o; m/o; m/ 07 oi/m api agate hie u/o* u/m 20/ M w/ot MM ADVANTAGE OltW
      1,256 words
    • 1400 20 WAN HAJ NTERNATIONAL PTC LTD a•« 14******00/1 VTm\ iif.ti Impl TIL *****5 M (MUMS) FAX: *****163 Y\ii\ WAN HA lINFs V li y ftnll lIMI LIIILJ m&msMMMNutmiMnaiwiLMauwittMaMwt «*«»nkll(MII KTTE.miISZMIMNU.miIS7MmFUiia.7IiM/71U.! WL7IU7I www.wwi.fw.il aKgj|WMgMW<i»Wggg |vbsh |wi »wco« a x im m tyo rat iws *00 tu FWB1?(l«h —hw-JTIT TTW SETO IPB7 IwßMini
      1,400 words
    • 659 20 BSA x MYANMA SH FIVE STAR UNE (Myimar NatiMol Um) Leodiig far Yoago« VfSSO. VOY SIN PU PEN PGII PAGAN 306W SU) HPA-AN 307W SU IN MALAYSIA: lOUSTUO SHIPPING AGENCIES KUL 01-*****300 PKL: 03-317M101 PEN: 04-2****** BANK LINE (A service of Aadrtw Weir Skipping) I NormtouND to eukopT" V CONTAINER.
      659 words

  • Page 21 Advertisements
    • 1278 21 VISSCL VOY KHH HKO I SIN I PKI I DXI BAB DMM MK IRAN KERMAN PCL 320 1 5707 1 6707 19/07 20/07 27/07 28/07 03/08 OS/08 IRAN ISPAHAN PCL 321 22/07 23/07 26/07 27/07 03/0* 04/06 11/08 13/08 HUN HORMOZGAN PCL 322 29/07 30/07 02/08 03/08 10/08 11/08 18/08
      1,278 words
    • 579 21 d WZrFM k UK CONTINENT SERVICE Loading for GULSER ANA RDM/ATW/BMN/UK/NAN EVANGELISTRIA RDM/ATW/BMN/UK/NAN INCE TRANS RTM/ATW/BMN/UK/NAN Loads Singapore, E/W. Malaysia Indonesia MIDDLE-EAST SERVICE Loading for PAN BRIGHT ADN/HDD/J DH/AQA APJ ANJLI DBI/ABU/DOH/BRN/DMM/KWT AYIA MARINA DBI/ABU/DOH/BRN/DMM/KWT Toads Singapore, E/W. Malaysia. Indonesa USA SERVICE Loading for QUI GON JINN CAM/NFK/SAV/NOL PAN DYNAMIC
      579 words
    • 1348 21 YKSfI m m to— _«ssa *qi mt PAC 4A4OA 09M4 10/0Z UM- _IKMUK 9209 13/07 15/07 pac panda m* um iizsz— -Eiquui imj urn uaz— PACQA4OA ***** 14/07 14/07 fM. BWIAM J2ID 2&/AZ 22/flI r»C 4ANOA 2SUB MM LS/flZ— msuui 'O'O ?«/07 -iMMBA ma IAZfIZ uMH PAC4A4OA Q993N 1 7
      1,348 words

  • Page 22 Advertisements
    • 561 22 TIG£I BRIDGE OWN 10-IVO7 15-77/07 01-02/01 Tisastu** 100N 22-23/07 2131/07 OSWOO I TWBStt 101* 25-24/07 01 03/0* CO-00/OO I TlGttSa 102N 21-30/07 QS-07/06 1213/00 I Tl6aMjO«^loM^OW^^oJlo/o|^^lW^J VOT SIN CAl^^Sl^l IKES KNOWN f3l iT1757 H***** M-05/M I QAUAN 630 22 23/07 21-31/07 M l OA* I TIGEISniNe 411 23-23/07 2131/07 10-10/01
      561 words
    • 949 22 FREIGHT LINKS EXPRESS PTJ*LTI>v 51 Penjuru Road, 3 Level, IT M Freight Links Express Logisticentre, Singapore *****3 E-mail: flesin@singnet.com.sg LCL SERVICE TO CEBU, PHILIPPINES djCgj^SL^ VESSEL APL QINODAO V.012E ETA CEBU Booking 6267# 5565/4694/5535/5580/5541/5508/5569/5560/5563/5514 PROJECT 6r HEAVY LI FT CARGO (CONVENTIONAL RORO) Lawrence Lim 6267 5555, H/P: 9749 1977 lawrence®flesin.com.sg
      949 words
    • 1396 22 I I I MCC CRMO: **********0 C NMi /fUkmum I /#f y I rU/ LllvES MAM: TIL: 02-6221-1333 HJL 02-6221-5272 I MMf ™OBTONB *****: TEL: 02-6221-5596 fAL 02-6217-6190 I I MIIOAMOfc TOWC JOQ SHTWNO HI UP bidHyffHi,—J! MBIBI 1)4) 15/07 Gg*B 30«)| 15/07 S.OURW »27 15/07 S.QAMOUR XV 10/071 qsiAMG
      1,396 words



  • Page 25 Miscellaneous
    • 112 25 REGIONAL WEATHER ,£*"3^ Issued by Meteorological Service Division,NEA LEGEND: Thunderstorm Wind speed symbols Showers Fu c rc,e w/o line indicates calm or light and variable winds Ram One half fleche represents 5 knots Cloudy Day -One full fleche represents 10 knots x Hazy A -One solid triangle represents 50 knots
      112 words