The Business Times, 6 August 2003

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Total Pages: 28
1 28 The Business Times
  • 19 1 MIT A (Pi 024/03/2003 850 THE BUSINESS TIMES SINGAPORE n tT, j b'jsmess-timos asial .con,.sg WEDNESDAY. AUGUST 6, 2003
    19 words
  • 942 1  -  More than a dozen killed, 150 injured in explosion at JW Harriott hotel From Shoeb Kagda in Jakarta INDONESIAN stocks and the rupiah were blasted off course yesterday by an explosion at the Jakarta Marriott hotel. The bomb described as the work of
    Source: Bloomberg  -  942 words
  • 73 1 □«n 1,508.69 (-28.59) ST INDEX FUTURES 1,503.00 (-43.00) SIMSCI FUTURES 184.60 (-5.00) Tuesday Change klsecomp ma i «i NIKKEI 225 9,***** 70.21 HANG SENG _10.I77.38 5.76 SET INDEX ***** 4.85 JAKARTA OOMP -***** -15.41 MANILA OOMP *****5 +19.76 TAIPEI WPI M59.45 117.74 SEOIIL COMP 721.84 +3.30 SHENZHEN B 235.44
    73 words
  • 81 1 FOREX RATES USS S$ 1,'SS (SS per (ISS) 1.765 Si(l'S$/S$ per 1.613 1847 El RO(l 'SS/SS/K) 1.1.17 2 «>7 YEN 1205 68 :W KM 1154 HKS 7.799 4.42M BAHT 42.U3 2:1.82 Kl PIAH 8,560 4.851 RENMINBI 8.299 4710 INDIAN Rl PEE 46.12 26 14 A$ 1.555 (1.881 NZS 1.729
    81 words
  • 856 1  -  By Siow Li Sen [SINGAPORE] In contrast to the profit slides at DBS Group and and United Overseas Bank, OCBC Bank yesterday said net profit surged 120 per cent to $224.3 million for the second quarter. Even more pleasing to shareholders
    ARTHUR LEE  -  856 words
  • Page 1 Advertisements
    • 79 1 WATCH FOR IT A BT EXCLUSIVE 'Saturday Soapbnx' by Raymond Lim s 'V.i' ind Minister of Stott 1 fur Ti.i'J- ipiii > mil Foreicjn Affairs In B1 s Notion.il Day Special Issue tins Saturday. Aino RBOKA ptf iid stlowr< >om: 5 Übi Close Singapore *****5. Tel: 6749 4333. (Q1 ~i~
      79 words
    • 51 1 INSIDE COMPANIES S&Fs downgrade of Sing Tel not justified Angela Tan, Pg 3 MAILBAG Temasek approaches China sensibly PgB MOTORING Audi plans to double Asia sales in 5 years Pgi6 COST MANAGEMENT How Big Blue reinvented itself Pgi7 EXEC MONEY Medium-term fixed deposits are here to stay PglB 11l 8
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  • NEXT page
    • 363 2  -  Despite official optimism bourse continues to fell From Anthony Rowley in Tokyo THE Japanese government yesterday upgraded its assessment of the economy for the first time in five months, while Bank of Japan governor Toshihiko Fukui claimed there are "bright signs" and Economics Minister Heizo Takenaka
      363 words
    • ON THE grapevine
      • 79 2 BEAR Stearns analyst Edward Wolfe has been likened by Seattle-based Expeditors International filings, to a "17-year-old boy" asking a reluctant "17-year-old girl" for a date. Mr Wolfe, who issued Bear Stearns' lowest rating equivalent to a sell on the freight forwarder, had repeatedly asked to meet
        79 words
      • 97 2 US investment newsletter The Rhodes Report was uncannily prescient in its July 23 report, in which it predicted that Wall Street's upturn would stall. Issued just after news that Saddam Hussein's sons had been killed by US troops in Iraq, the report said the ensuing
        97 words
    • 43 2 OUR story yesterday "New CEO sets prudent path for Flextech", wrongly stated that Flextech Holdings is seeking shareholders' approval to divest its entire stake in Asti Holdings. Flextech shareholders have in fact already approved the divestment. We are sorry for the error.
      43 words
    • 546 2  -  JAKARTA BOMB BLAST Terrorism experts reckon JI responsible for yesterday's attack From Shoeb Kagda, Angela Tan RABO Bank's outgoing general manager Hans Winkelmolen was killed in yesterday's Jakarta blast at the Marriott Hotel, a popular venue for the city's financial and business community.
      AFP  -  546 words
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  • SINGAPORE companies
    • 699 3  -  But analysts shrug off worries that govt will eventually pare its stake Reports by, Angela Tan STANDARD Poor's has lowered the ratings of Singapore Telecom, a move described by the telco as disappointing and also shrugged off by analysts. After putting Sing Tel on Credit Watch
      699 words
    • 163 3 HOME entertainment supplier HBO Asia has appointed Singapore Telecommunications its disaster recovery service provider, to ensure the broadcaster can resume operations with minimal disruption in the event of a sudden failure. HBO, which is already using SingTel's satellite services, is the first to sign
      163 words
    • 638 3  -  angela tan STANDARD Poor's has finally downgraded Singapore Telecommunications' ratings after putting it on Credit Watch with negative implications since May 13. The reason: S&P is concerned that the Singapore government will eventually pare its 67.5 per cent stake in the telco following the
      638 words
    • 259 3 Reuters [COPENHAGEN] Danish telecom company TDC said yesterday a consortium of shareholders in unlisted Belgian carrier Belgacom hoped to sell its stake and would talk to the Belgian government about it. "The ADSB consortium is willing to sell their shares
      Reuters  -  259 words
    • 487 4  -  Hotel business, hit by war and Sara, falls to lowest level in recent years By Kalpana Rashiwala HOTEL and property group Overseas Union Enterprise (OUE) reported a 33.4 per cent drop in second-quarter net earnings to $7.3 million as its hotel business was hit
      FILE PHOTO  -  487 words
    • 250 4  -  After-tax profits slip 1L9% to $23.7 m By Tang Weng Fai MAINBOARD-listed Singapore Post saw its first-quar-ter profit slip because of Sars and the economic slowdown but stays upbeat on its stated intention to pay a net dividend of $80
      250 words
    • COMPANY Briefs
      • 38 4 MOBILEONE said its 15.6 cents per minute charge for its new Sun Talk plans includes Goods and Services Tax. Without GST, charges would be comparable to those of rival telcos at 15 cents per minute.
        38 words
      • 95 4 SINGAPORE Exchange said yesterday that its Central Depository (CDP) Phone service will be launched today. The 24-hour service will give CDP direct account holders instant access to their shareholding information and IPO application results. CDP Phone users can also retrieve information on a particular stock
        95 words
    • 501 5 It eyes country's oil reserves, proximity to other projects in South China Sea Bloomberg [HO CHI MINH CITY] Keppel Corp said it may, within five years, invest in a shipyard to build and repair oil rigs in Vietnam, which would give the Singaporebased
      Bloomberg; FILE PHOTO  -  501 words
    • 286 5  -  Chemical raw materials maker debuts today Kenneth Lim ANOTHER China play debuts on the Singapore Exchange (SGX) today as shares of Singpu Chemicals hit the mainboard, after having attracted applications 88 times the size of its public tranche. Its total invitation
      286 words
    • 339 5  -  It plans to have 850 houses on plot By Vince Chong AUSTRALIAN home-build-er AV Jennings (AVJ) has snagged a site just outside Melbourne on which it plans 850 houses. "Demand in our target segment of second and sub-sequent-time home owners has been strong in the
      339 words
    • 256 5 REGIONAL contact lens maker and distributor Oculus yesterday unveiled a restructuring exercise that will cut about 70 jobs and bring it back to profitability. Oculus said the exercise will result in job cuts at operating units and will reduce operating expenses by about
      256 words
    • 171 5 Reuters THE planned float of Cheung Kong's real estate trust in Singapore to raise up to HK$6B2 million (Ssls4 million) has found support among institutional investors, a fund manager said yesterday. "It's quite reasonably well subscribed. We heard it's about 2.5 times book covered,"
      Reuters  -  171 words
  • Page 3 Advertisements
    • 111 3 Motors Ljmttad Qf El' 1 ip^^wwiwni rMnilM x iiteiiaiiius^ A i^ ■fl^tfSl BBBh^nH J I B$ ijmym®Tl Once, every tew years, an automofaie emergee thrt iseeU dithe benchmarks ylußcury motoring. That car is the magnifloent new BMW 760 U. Ifs breathtaking design and ttvttnp wformance w* ensure yw command the
      111 words

  • Page 4 Advertisements
    • 346 4 If you are facing any of these: 'messy" accounts arising from change of systems staff turnover inability to meet statutory reporting deadlines urgent need to submit financial statements to banks financial institutions need to reconstruct accounts from incomplete records need to extract financial information for a litigation need assistance in
      346 words

  • Page 5 Advertisements
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    • 547 5 IN THE MATTER OF THE COMPANIES ACT, CAP. 90 AND IN THE MATTER OF KWONO TONO CHYE MEDICAL HALL (PTE.) LTD. (Incorporated in Slofopora) At an Exlroordtnory General Meeting of Kwong long Chye Wed teal Holl (Pto) Ud duty held at Mouth Seafood Restaurant. 133 New Bndge Road «81-02 ChnakMin
      547 words
    • 1113 5 RAI AKIPP eUCCT NOTES FORMING PART OF ACCOUNTS DML/UvVb UilLt I The subsidiaries (which along with Bank of India, the parent constitute the group) considered in the preparation of the Consolidated Financial Statements are: 000 I ONMtN Name of Suboidiary Country of Incorporation Proportion of Ownership BCH Shareholding Ud India
      1,113 words

  • SINGAPORE markets
    • Article, Illustration
      330 6 OTHER SINGAPORE INDICES Aug 5 VALUE CLOSE BTOB/DS -392.00 107.00 BTCAM *****.00 235.00 ffr iOMl«ylU -*****.00 -39.00 EquitiM 409.93 ±12 SG EquitiM Ekct 149.40 -4.10 SO EquWM Flu 1268.56 -20.89 SO Eq«WM Prop 381.82 -9.15 MSCI Singapore 185.61 -4.27 SiMSCI Futures 184.60 -5.00 «tod» Volmm IPCO 20c 57.229.000 Sunmngdale 15c
      330 words
    • 877 6  -  AIM.M-JUJMUJ CURRENCIES larry wee WHAT a big difference one month makes in financial markets. A US-led global reflation theme has now displaced the high-yield currency plays that were so successful in the first half of 2003, and bond prices have accordingly dived, but equities
      877 words
    • 717 6  -  STOCKS r. sivanithy SCEPTICISM is a healthy attribute, particularly when markets are volatile, vulnerable to sudden external shocks and generally exhibit all the traits of trading arenas. Of course, being too sceptical in the past three months would have meant missing out on a decent
      717 words
  • 49 6 UNIT TRUSTS FUNDS LEGiND Ml pncas art mdtcath* Mnapt tar E« Wnggtl ta« fcoaOy D«y)nlfM: I Narrcnwty FoojMd, t low* HMc Low «o Madtom Wak. Madkan «8 High tats Matar Mak; oowvanM; Mora tubdMalon of unta; M Aftar wbdMaun erf unit*; V aftarnocfc W A-Won Paallnß Pay Hoor McHMIU
    49 words

  • SINGAPORE news
    • 360 7  -  Modest recovery ahead in H2 with M'sia expected to outpace S'pore By Anna Teo THE Economist Intelligence Unit (EIU) has cut its forecast of Singapore's 2003 GDP growth. It is now looking at "just 2 per cent" growth, down from a
      360 words
    • 267 7 ASIA'S first e-MBA programme was launched yesterday by Universitas 21 Global to address a projected shortfall in cam-pus-based places in the next decade. Universitas 21 Global is a partnership between Universitas 21, a network of 17 research universities around the world that includes the National
      267 words
    • 554 7  -  BTIJUIIUi'JJ USss.Bb spent in 2002, says Amex study By Daniel Buenas TRAVEL-RELATED expenses by Singapore companies will grow further this year as firms continue to move abroad, a study sponsored by American Express (Amex) showed. Singapore's share of the Travel and Expense (T&E)
      FILE PHOTO  -  554 words
    • 401 7 THE first weekend of the Hungry Ghost Month did not put a huge dampener on the private homes market. Far East Organization sold a total of 39 units over the weekend, in a period that traditionally sees a lull in house-hunting. Although it was down
      401 words
    • 140 7 Bloomberg VALUAIR Pte, a low-cost carrier set up by a former managing director of Singapore Airlines Ltd, applied for a licence to operate commercial flights out of Singapore, the island's regulator said. "ValuAir has submitted their application for an air operator certificate," said Albert
      Bloomberg  -  140 words
  • Page 7 Advertisements
    • 634 7 «SS?S? Schedule 18-20 August 2003, 9.00 am 5.00pm Venue Singapore Marriott Hotel Who should attend? CLO9I: Bank Country Risk Analysis Credit risk professionals Bank treasury professionals Course Background and Objectives Corporate investors Fund Managers Asia has broadly recovered from the 1997 crisis which hit both national economies Central bankers ancl
      634 words
    • 183 7 @Tetreat to rr fyPor/o/ of @*er4on a/ 'Attention bMIi BBL hi An In A City Of Endless Pursuits 3BQC y\/ Sometimes, it's the smaller details that mean the most. The lighting in a room. A sense of calm. The warm smile of recognition as we welcome you V-4 back to
      183 words

  • EDITORIAL & opinion
    • 740 8  -  KmsrsiniEi OPINION paul krugman NYT THE agency's analysts find that they are no longer helping to formulate policy; instead, their job is to rationalise decisions that have already been made. And more and more, they find that they are expected to play up evidence, however
      NYT  -  740 words
    • 50 8 'While he lives like royalty in Pyongyang, he keeps hundreds of thousands of his people locked in prison camps with millions more mired in abject poverty, scrounging the ground for food.' Johnßohoo US Undersecretary of State, speaking in Seoul on the North Korean leader. Kim Jong 11.
      50 words
    • 558 8 EDITORIAL THE Securities Investors Association of Singapore (Sias) has shown admirable initiative by planning to offer independent stock market research to small investors. In theory, the proposed model looks attractive Sias will provide investment-type evaluations of a wider range of stocks than are currently covered by
      558 words
    • 1149 8  -  Despite the recent success of FTAs with Singapore and Chile, US politics now favours the protectionists By Leon Hadar [WASHINGTON] That a large bipartisan majority In the US House of Representatives (272-155) and Senate (66-32) voted to approve the US free
      AFP  -  1,149 words
    • 575 8 Asia-Pac nations need to nnify laws, cooperate publicly to fight it The Bangkok Post, Aug 5 SOME of today's most pernicious and dangerous criminals are armed with that most up-to-date of weapons the computer. Last week in Bangkok, members of the Asia-Pacific Economic Cooperation e-Security Task Group pinpointed
      The Bangkok Post, Aug 5  -  575 words
    • 361 8  -  MAiLisrrm Lim Hwee Hua (Mrs) Managing Director Strategic Relations Temasek Holdings (Private) Limited I REFER to the letter by Gerard Pennefather "Be level-headed about China" (Mailbag, Aug 5) and thank him for his wise counsel. Indeed, if I may assure him, that is precisely our approach
      361 words

  • REGIONAL news
    • 396 9 JAKARTA Businessman was also deputy treasurer at the Qolkar Party AFP Bloomberg MARIMUTU Manimaren, younger brother of the founder of the Texmaco Group, Indonesia's largest textile manufacturer, was found dead at a Jakarta hotel in an apparent suicide. "We found Manimaren dead this
      AFP; Bloomberg  -  396 words
    • 185 9 BEIJING AFP SUZHOU, an east Chinese city, has become the world's top producer of laptop computers spurred by Taiwan investment, state media said yesterday. The city has consolidated its position as a global high-tech centre with annual output of 10 million laptops, or about
      AFP  -  185 words
    • 261 9 HONGKONG HK stock exchange head visiting China to woo more firms Bloomberg CHINA companies have raised HK$7BO billion (*****.9 billion) in the past 10 years by selling shares in Hong Kong, said Paul Chow, head of the city's stock exchange
      Bloomberg  -  261 words
    • 196 9 KUALA LUMPUR INDIAN Railway Construction Co and two Malaysian companies have been asked by the Malaysian government to begin talks for a rail project in the northern part of the country. DRB-Hicom Bhd, part of the group led by Indian Railway, said it
      196 words
    • 443 10 BEIJING 'Basic stability' of yuan to be maintained for rest of the yean report Bloomberg CHINA'S central bank yesterday ruled out major changes in the exchange rate of the Chinese currency, the yuan, in the second half of the year, state media
      Bloomberg; AFP  -  443 words
    • 314 10 HONGKONG Bloomberg HSBC Holdings Pic chairman John Bond said the UKbased bank won't rule out further acquisitions even as it focuses on integrating USbased Household International Inc and Mexico's Grupo Financiero Bital SA. "We'll always have our antennae up watching the
      Bloomberg  -  314 words
    • 383 10 HONGKONG Tung Chee-hwa says work group to meet on Aug 30 Bloomberg Reuters THE Guangdong and Hong Kong governments said yesterday they support the construction of a bridge linking the southern Chinese city of Zhuhai with Hong Kong and Macau. Hong Kong
      Bloomberg; Reuters  -  383 words
    • NOTE Book
      • 83 10 Reuters [KUALA LUMPUR] Malaysia's biggest car distributor Edaran Otomobil Nasional Bhd (EON) has denied that talks over a dealership deal with national car maker Perusahaan Otomobil Nasional Bhd (Proton) have broken down, a financial website said yesterday. Negotiations, which have been delayed, are expected
        Reuters  -  83 words
      • 90 10 AFP [BANGKOK] Former Thai cabinet minister Pichet Sathirachawal, a member of the ruling Thai Rak Thai party, was convicted yesterday of hiding assets and barred from politics for five years. The Constitutional Court found the one-time deputy transport minister guilty by a vote of eight
        AFP  -  90 words
      • 80 10 Bloomberg [BEIJING] Fired workers at China's state-owned Anshan Iron Steel Group held another protest yesterday in Beijing involving more than 100 people, demanding Anshan raise the severance pay offered to some 3,000 staff. Hong Kong-based China Labour Bulletin said. The workers have held protests in
        Bloomberg  -  80 words
      • 79 10 Reuters [KUALA LUMPUR] Russian President Vladimir Putin, in Malaysia to sell a squadron of Sukhoi warplanes, said yesterday he hoped the deal would help Moscow sell more aircraft in South-east Asia. Mr Putin is expected to sign a deal valued at US$9OO million
        Reuters  -  79 words
      • 87 10 Bloomberg [MANILA] Philippine President Gloria Arroyo is in a three-way tie in the run-up to next year's presidential election, said Social Weather Stations, one of the Philippines' largest independent survey organisations. Ms Arroyo is favoured by 20 per cent of 900 respondents given
        Bloomberg  -  87 words
      • 100 10 AFP {SHANGHAI] Foreign investors continue pouring money into China's largest city with contracted investment jumping 39 per cent to US$7 billion in the first seven months of the year, state press reported yesterday. The manufacturing sector was most favoured by investors, with contracted foreign funds
        AFP  -  100 words
  • Page 9 Advertisements
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      170 words
    • 1350 9 ZSZ\Multi Vision Intelligent Surveillance Multi Vision Intelligent Surveillance Limited (Incorporated in Bermuda) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that (he Annual General Meeting of MULTIVISION INTELLIGENT SURVEILLANCE LIMITED (the 'Company-) will be held at Orchard Hotel 442 Orchard Rood. S.ngapore *****9 on Wednesday. 27 August 2003 o»
      1,350 words

  • Page 10 Advertisements
    • 1100 10 0 THE HOUR GLASS LIMITED (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 24th Annual General Meeting of the Company will be held at Meritus Mandarin Singapore, Room 832, Bth floor, South Tower, 333 Orchard Road, Singapore *****7, on Monday, 25
      1,100 words
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      161 words

  • Page 11 Advertisements
    • 37 11 277 Orchard Rend #Bl*o2 Specialists Shopping Centre (Si *****8 Tel: *****780 Fax/*****031 Email: inJuz3@abr.com.sg (Clfcsed on Sun) P"-1 V ■■■KWt ft anvf fare* L ...the Best Spot on Orchard Enjoy a when you I Buffet Lunch $23.00
      37 words
  • WORLD news
    • 503 11 NEW YORK Non-manufacturing activity grows at fastest rate on record Reuters Bloomberg THE giant US service sector raced ahead in July at its fastest clip on record, expanding for a fourth straight month and beating market expectations, a report showed yesterday. As the economy
      Reuters; Bloomberg  -  503 words
    • WORLD Watch
      • 69 11 Reuters [LONDON] Prince Alwaleed bin Talal, the second-largest shareholder in Euro Disney, seeks talks with management over a possible refinancing plan for the debt-choked theme park, the Financial Times reported yesterday. His investment vehicle, Kingdom Holding Company, fears weak demand at the park could jeopardise
        Reuters  -  69 words
      • 55 11 Bloomberg [NEW YORK] World Com Inc rejected claims by rivals like AT&T Corp, saying its call-termination practices comply with legal and regulatory requirements. In a bankruptcy-court filing last week, AT&T said World Com fraudulently diverted long-distance calls to Canada to avoid paying local access fees that
        Bloomberg  -  55 words
      • 64 11 Bloomberg [WASHINGTON] US Secretary of State Colin Powell rejected a Washington Post report saying he planned to quit at the end of President George Bush's first term. The Post, citing unidentified people, said both Mr Powell and Deputy Secretary of State Richard Armitage have indicated
        Bloomberg  -  64 words
      • 44 11 Bloomberg [FRANKFURT] Audi AG, Volkswagen AG's luxury car division, said first-half profit fell 25 per cent because of the euro's strength and investment in new products. Net income dropped to 289 million euros (SssBo million) from 386 million euros.—Bloomberg
        Bloomberg  -  44 words
      • 65 11 Reuters [TOKYO] Japan's Nintendo Co Ltd reported a quarterly net profit yesterday as solid global sales of its newest version of the hand-held Game Boy helped offset weak demand for its Game Cube home consoles. It earned 11.45 billion yen (Ssl6B million) ended June
        Reuters  -  65 words
      • 34 11 Bloomberg [ZUIRCH] Credit Suisse Group posted a second straight quarterly profit after shedding over 9,000 jobs. Q2 net income was 1.3 billion Swiss francs (Ssl.7 billion). —Bloomberg
        Bloomberg  -  34 words
      • 52 11 Bloomberg [WELLINGTON] Telecom Corp posted a Q4 profit that beat analysts' expectations, as it cut costs using contractors and installed more phones. Net income in the three months ended June 30 was NZ$2ll million (Ss2ls million), compared with a loss of NZ$66B million, a
        Bloomberg  -  52 words
    • 311 11 LONDON THE confidence of chief executives across the globe has risen sharply with a big increase in their plans for capital spending and acquisitions, the Financial Times said, quoting a survey of investment banking clients. The survey of Goldman Sachs' top 100 clients
      311 words
    • 338 11 NEW YORK Bloomberg FORMER US Treasury secretary Nicholas Brady, who created the Brady Plan to resolve the Latin America's debt crisis of the 1980s, has sold his private equity group for U5575.9 million to Franklin Resources Inc. Franklin already owned about 13 per cent of
      Bloomberg  -  338 words
    • 457 12 TOKYO Carmaker says it's on the way to strong results for rest of year AP Bloomberg PROFIT at Toyota Motor Corp fell 9.7 per cent for the first fiscal quarter from a year ago. mostly on unfavourable currency swings
      AP; Bloomberg  -  457 words
    • 194 12 ■DENVER Reuters ALL good things must come to an end and that is certainly true for Ken Lay. The former head of the defunct Enron Corp on Monday sold the last of his four properties in the posh resort of Aspen, Colorado. To
      Reuters  -  194 words
    • 275 12 BRUSSELS Bloomberg THE European services industry, including companies such as airlines and banks, grew for the first time this year in July, another sign consumer and corporate spending is picking up and spurring economic growth. A survey of about 2,000 companies compiled
      Bloomberg  -  275 words
    • 537 15 WASHINGTON It may also lead to more expensive car loans, dampening iayfli NYT IF cheap mortgages have kept the economy afloat, the economy may have just sprung a leak. A little more than a month after the Federal Reserve reduced
      NYT  -  537 words

  • Article, Illustration
    1067 12 Transaction date:A ug 5 QfTERBAlTK CROSS RATES C$ Rmt Euro HK$ tnd Its RupUh Ym Won KZS Pat «s Peso SS Rand Sir MT$ Bafct Pound US$ Australia 0.905 5.336 0.565 5.015 29.650 55.037 0.775 7.637 2.443 IT12 37.169 35.247 1.134 4.808 0.866 22.158 27.023 0.399 0.643 Cauda 1.105
    1,067 words
  • 1622 12 MCQMFirTIIMBg Aug 5 RUBBER Futures (Closing prices) RSS1 (S centsAq) Close Vohme Open Month High Low Sett (tonnes) Interest Sep 03 180.75 Oct 03 178.50 No* 03 176.50 Dec 03 174.75 RSS3(UScc«its/kQ) Volume Open Month High Low Sett (tonnes) Interest Sep 03 102.00 HMO WL50 1700 6550 Oct 03
    1,622 words

  • Page 13 Advertisements
    • 6183 13 Toadverti&c call toll-free 1800 289 8822/ Email; notices@sph.com.sr IN THE MATTER Of THE COMPANIES ACT, CAP. 50 INKJET DIRECT PTE LTD (In Voluntary liquidation) At on Extraordinary General Moling o( the members ol INKJET DIRECT PTE LTD duly convened and held at 6001 Beoch Rood #14 01 Goiden Mile Tower,
      6,183 words

  • 4 14 Transaction date:Augs
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  • 4 14 Transaction date:Aug 5
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  • 584 14 BONDS WARRANTS Tct Last Vol Com tarn One tear Ml a* Ci»>ii> m« *rn- rmm n« i- u» 3698 AST)W*****1 C unch 35 1 16 13 325 10 3697 Acma Ltd W*****6 1 1 50 410 10.00 15 3602 Amtefc WDS0610 77 -2 65 1 33 1 1.42 22 3603
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  • Page 14 Advertisements

  • 12 15 Transaction date:Aug 5 for live prices, log on to uwm*£isiaoiiemarketsjcorn
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  • Page 15 Miscellaneous
    • 220 15 CRYPTIC CROSSWORD ACROSS 22 An ear,'perhaps, for music carnation (7) and sickly, goes tcfoixset re- 1 1 1 1 1— sort (7) DOWN 14 Contrives to get Niger seen YESTERDAY'S SOLUTION 1 Pedestrian winger would differently (9) Across: 1 Decorous, 5 Nolove a way to get wealthy (7) 16 Avoids
      220 words

  • BT motoring
    • 1024 16  -  Luxury carmaker aims to double Asia sales in five years, its executive director for overseas region Matthias Seidl tells Samuel Ee Samuel Ee GERMAN carmaker Audi is speeding across the Asia-Pacific towards its destination of 100 per cent growth in sales in five years'
      CHRIS LOH  -  1,024 words
    • 558 16 AUDI is planning to launch 10 new cars over the next five years as part of its efforts to broaden its product range and capture market share. "At the end of the day, what makes a great brand is product and we plan
      AUDI  -  558 words
  • Page 16 Advertisements
    • 1195 16 KimEngOngasia (j NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Fourteenth Annual General Meeting of Kim Eng Ong Aila Holdings Ltd will be held at The Ritz-Carlton, Millenia Singapore. Garden Room. Level 3. 7 Raffle* Avenue. Singapore *****9 on Friday. 22 Augutt 2003 at 9 a.m. for
      1,195 words
    • 45 16 (Un£ ranq mahal haute indian cuisine Buffet Lunch Noon to 2.30pm (Closed lor lunch on Saturdays) Dinner 6.30pm to 10.30pm Make your reservations with us at: g TO: <65)6333-1788 Fax: (65)6333-1660 •—..*»> RAMCHMtM. L»W T*» Pf *>x*f S«no<*» 7 I***, Soulrxro Mjr nj Sou** S»l»ip<x» 3J9VS
      45 words
    • 50 16 Wokondi and hoidays an for twadtog down to Cotoman* lor Itancfi wliow our nyM fILA ahiAAM duiiw aprooo or Om bu »enw, flow of bartor. too or ooftoo am*» you. Mcfco your fMorvaßons at (66) *****132. t«nSr!iJtoS AJuiTISSiU 1 «C»M fll J»»~ CSiiJ SCMnriMi kuiKM 17W06•*«***> Vx»» Canoii* im 1
      50 words
    • 28 16 MERITUS MANDARIN SINGAPORE AWARD-WINNING IMPERIAL COURT DINING Reservations: KKv 6831 6262/66 Bos®® CHINESE RESTAURANT MERITUS MANDARIN mit 333 Orchard Road. Singapore *****7 Tel:+6s 6737 4411. Fa*:+6s 6732 236t.
      28 words

  • COST management
    • 932 17  -  By Daniel Buenas THROUGHOUT history, major shifts in human culture and society have often been prompted by technological advancements. In fact, our history can be broadly defined by the level of technology available at that time: the stone age, the bronze age, and
      FILE PHOTO  -  932 words
    • 761 17  -  Daniel Bnenas looks at IBM's successful simplification initiatives Daniel Buenas Earlier this year. Deputy Prime Minister Lee Hsien Loong referring to the restructuring of SIA cited IBM as an example of a company that was successfully able to transform and reinvent itself. Much of IBM's
      761 words
  • Page 17 Advertisements
    • 329 17 Get your hnances fit for tough times UNNECESSARY ADMINISTRATIVE AND ACCOUNTING COSTS This executive forum on cost management aims to help you navigate the tough economic climate by sharing tips on how you can manage your business expenditure more effectively through spending controls, managed cash access and automated expense reporting.
      329 words

  • EXECUTIVE money
    • 273 18  -  By Genevieve Cua STRUCTURED deposits, like capital-se-cured unit trusts, appear to give you the best of both worlds: security of your principal sum plus some market upside. The catch is that you have to tie up your money for a very long period. Within that period
      273 words
    • 1044 18  -  Potential of getting higher annual interest plus additional returns makes the medium-term fixed deposits an easy sell among risk-averse Singaporeans, says Genevieve CUA GENEVIEVE CUA STRUCTURED deposits Are they the best thing since sliced bread for those who prefer to stay within the safety
      LUDWIG ILJO/ST  -  1,044 words
    • 1108 18  -  INRIDEI.'.MJiJjU By Robert Halili SELLING remained the dominant theme among directors and substantial shareholders in the Singapore market with 16 Firms recording 34 sales worth $25.4 million. This compares with 11 companies, 22 transactions and $9.4 million worth of trades on the buying side for the
      1,108 words
  • Page 18 Advertisements
    • 289 18 Www m mmwm mw*m fc». It Jm isDie recently it woo die Glolwl jiim fiimw idi today at Standard Chartered < J* Jl 11 "'P Jolhibgi,fitndwptnp«CT, iFaw, GKGoh, Phillip >.*;.•_ /U''. \lnn*frJ by: (XPS APS Alpha Fund APS Asset Management Ptc Ltd 'Although these fees are not charged, please note
      289 words

  • SHIPPING TIMES
    • 256 19 Reuters THE Baltic Dry Index rose 5 points to 2181, the Baltic Capes ize Index rose 39 points to 2987, the Baltic Panamax Index fell 21 points to 2026 and the Baltic Handymax Index fell 15 points to *****. TIXE-GHARTER: Ina HMM relet (built 2003) *****0 dwt delivery
      Reuters  -  256 words
    • 262 19 SGX '000 *3$ SS W W CWT Distribution 0 55 96 ChuanHup J0.42 -0.02 1801 CHOfMiore 031 -0.02 4895 Coco 1——I J)35 -0.01 6153 Freight linlo 0.07 401 200 G8 nokfings 0.76 unch 38 JayaHofcfcngs 0.43 unch 2675 KeppeiCorp -5.05 -0.20 1368 KlVenture .0.21 -ftOI 2042 KmdTcte .0*7
      262 words
    • 680 19  -  Local shippers doubt lAD A will makesachabold move despite reports By Beth Jinks [SINGAPORE] Local shippers have expressed doubt over reports that one rate setting conference plans to break with tradition this month and itemise components of its controversial terminal handling charges
      FILE PHOTO  -  680 words
    • 87 19 [ZEEBRUGGE, Belgium] This is what's left of a section of the Tricolor salvaged from the bottom of the North Sea. Cars hang in between decks of the first section that was moved on a huge barge into the Belgian port of Zeebrugge on Monday. Salvage teams
      AFP  -  87 words
    • 61 19 AFP (BEIJING] A passenger boat service linking southern China and Vietnam has resumed operation after being suspended during the outbreak of Severe Acute Respiratory Syndrome. The route between Beihai in China's Guangxi autonomous region and Ha Long Vinh in Vietnam set sail again last Friday evening with the
      AFP  -  61 words
    • 222 19 Bloomberg [OSLO] Frontline Ltd, the world's biggest operator of large oil tankers, posted a second-quarter profit as demand rose and tariffs surged close to two-year highs. Net income was U*****.1 million compared with a year-earlier loss of US$33.l million, the Bermuda-based
      Bloomberg  -  222 words
    • 297 19  -  By Beth Jinks [SINGAPORE] Australia's busiest container port, Melbourne, should begin its long-awaited channel deepening project in 2005 and finish in early 2007 if approvals proceed as planned. Executive chairman of the new Port of Melbourne Corporation (PMC), Neil Edwards, told Melbourne's The
      297 words
    • 753 20  -  STRAIT TALK -By David Hughes DESPITE public perceptions, standards and safety levels in the shipping industry are at an all-time high. There are fewer losses than 30 years ago and by and large safety levels have improved greatly, at least for the previously
      AFP  -  753 words
    • 3 20
      3 words
    • 3 25 THEBUSINESSTIMES
      3 words
    • SHIPS IN PORT
      • 573 27 Vessel Voy No Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL GOLDENMULIA JB801 J12 A/SIDE 06/08 0300 GRAND WAY 01/03 J14/15 A/SIDE 06/08 1200 HANDY FABINA 008N J7/8 A/SIDE 06/08 0300 SING LH 11 JB801 J4 A/SIDE 06/08 1700 ALPHAHARMONI 72 J5 06/08 0700 06/08 2300 ATRIA JB801 J2 06A)8
        573 words
      • 2 27
        2 words
      • 137 27 Aug 12 Thailand: Queen's Birthday. Anf IS France: Assumption Day. Italy: Assumption Day. S Korea: Liberation Day. Auf 17 Indonesia: Indepen Day. Anf 24 VKingdom: Summer Holiday. Aug 31 Malaysia: National Day. Philippines: Nat Heroes Day. Sepl Canada: Labour Day. U.S.: Labour Day. Sep 2 Vietnam: National Day.
        137 words
      • 790 27 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 indicated. The Cockett Bunker Price Index change and the
        790 words
      • 474 27 Carbon 180 Max 9917 0.6 tU 0.08 69 0.06 M 31 Density Water Residue MtftaMn Sedtawnt No Move E2S 1 0 3 0 0 0 rTZ 380 Aw 985.5 0.1 15.0 0.04 20 0.01 tin. 380 M«i 991.1 0.4 17.8 0.08 56 0.03 «S/W3 H»/» m/m
        474 words
    • AIR & LAND transport
      • 447 28 National carrier also says its air passenger traffic is back to normal Reuters Bloomberg [BANGKOK] Thai Airways has picked Airbus, the world's second-biggest builder of commercial aircraft, for an order for eight aircraft worth US$l.2 billion based on list prices. The announcement of
        Reuters; Bloomberg; AFP  -  447 words
      • 263 28 AFP [NEW DELHI] India yesterday confirmed that it will open talks with Pakistan later this month to resume passenger flights, suspended over the past 18 months as the two countries faced off against each other. The confirmation came in parliament's upper house where Civil
        AFP  -  263 words
      • 191 28 Xinhua [JAKARTA] Indonesia's state-owned flag carrier PT Garuda Indonesia was guilty of monopolistic practices in issuing domestic air tickets and must pay a 1 billion rupiah (S$200,000) fine, an anti-monopoly watchdog has ruled. Garuda's spokesperson Pujobroto said it had not yet received a copy of
        Xinhua  -  191 words
      • 321 28 Tokyo building low-cost alternative to satellites AP [TOKYO] A gleaming white Japanese airship soared to a record altitude over the Pacific Ocean as part of Tokyo's efforts to build a low-cost alternative to high-flying communications and observation satellites. The unmanned, 47-metre torpedo-shaped craft was
        AP  -  321 words
      • 590 28 Yields are down as it boosts capacity and cats fares Bloomberg RYANAIR Holdings Pic, the No 3 airline by market value, said fiscal first-quarter profit rose 4 per cent after the Irish low-cost carrier added new routes to cities such as Palermo,
        Bloomberg; BLOOMBERG  -  590 words
      • 393 28 LW WD AIRLINE COOES AA Amenan Artnes (AAL). AF Ar frmce (Am Alton** (AC) At From Of <FM) AZ AtUu Arms IAZA) BA Brish Arways PMc Ltl Co (BAW) BG Benmbwuoesh Arms (BBC). Bl Roy* Brunei Artnes Siti Bhd (RBA). BO Bouaq Artnes (SOU). BR EVA
        393 words
  • Page 19 Advertisements
    • 26 19 3~ Ryanair's Q1 profit up -BACKPAGE W ft I| |j sjrait talk Shipping looks THAI orders to shore for more planes better standards BACKPAGE PAGE 2
      26 words
    • 109 19 EF-5 (ASIA EAST AFRICA) FORUM Rate Restoration effective on Ist September 2003 In order to maintain a high standard of service to their customers, the carriers serving the trade from the Far East to East Africa wish to inform the trade that a rate restoration will be implemented with effect
      109 words

  • Page 20 Advertisements
    • 824 20 1 TO USA/CANADA I I EXPORT 1 I OTHER DESTINATIONS I ygsa |vot |p« TO AUSTRALIA(AUSTRALIA ABIAEXPRESS! OOQOfIW 64E32 05/08 Ml I 22/08 24H6 29/08 27/01 27/08 30/08 ygsg VOT I EUSill KG Rf M —STB MB. AM tfo nation)sTirr«yjr iao3 \im \vu Inm 02/09 ow oam w> 04/09 £T
      824 words
    • 451 20 eUfw&ierviMsmprmenledby ,i r UASjkA MembersoflUßegistry J .ssvn. figlj AotM Shipping A^B, nq>m J?' Singapore Shipping Assockrtion H ULY UNI MALI /vKSa VOY FM Ett Ett A r.KUNc gag am Mold Star 541 A 13/08 15/08 24/06 Princess Lily 0803 23/08 25/08 03/09 Mold Carrier 741 A 03/09 05/09 14/09 Empress
      451 words

  • Page 21 Advertisements
    • 1335 21 TO EUROPE FROM EUROPE Ivissa Ivor s» ar mnw hw wv sou UH~||vfssa Ivor rm ami hmi «v sou w sm APIMMA *****07/00 27/ M 21/0125/01 HYUMAiMMCSS 3441 19/07 21/07 23/07 17/07W/» MOL MTCSRITY 01SW 00/00 24/01 »/W 29/00 30/00 MFMMS 00K 22/07 -MT 27/W JV» MtUnMDBCOVST 31«W 11/ DI
      1,335 words
    • 1979 21 'iNMNomnvicinM WVV swtAMti to sua su via rarriw OMttMBHH 19 days wtcammumm 20 oats GUKIAI MOTS M SM6WOt(: M IOMBON W *12-00 SAUS/MCS Ttl: *****057/4J ML 42M5321/24 I #AMffflH**l COSTAR SHIPPING Mi LTD hmatommmn ounwuton/u mwm tmsns/rs I CONSTAVTZA (ROMANIA) 23OAS TH:42J4 IWI(HAM) MWUD(D/0) 44M5714 M3ISJN/W I UKMWIDIM Iflmmt 44NSIJS
      1,979 words

  • Page 22 Advertisements
    • 785 22 enci MAC ■NOOIHIESmOOKINOS; «*****44 WU 53W7433 E-MAIL; *rtmw«delmw.eom.ei POCUMIWTATIOm/OWmTKMO! M3MU7 FAX: M3M177 WNIHVIMttDNM QVIBS CONUMB SaVKI TO SOilll/WRT AMKA ynsa VOY SIM lUAMOA fOWOI MOW! MATAM UWtYIUi TWtCAM AMPJAN TUU 101 Om COTOWW UCOS DOUAU |j3W( 07/01 24/01 26/01 02/W 11/W U/W 30/01 31/01 03/W IVW 05/W ot/W W/W Dihwrirtii
      785 words
    • 880 22 WAN HAI MTIRNATIONAL PTI LTD a lift **********0/1 rTTTV II 11 TE:6226ISM (14IMS) WUfc6224llU VNaWAN HAI LINES r «*:iv)BimMLivßSWßiM«.iniitmcsML«iirii«n4/afias WWW.W«nfaai.(M| II WnURII 714*0/714*1 Kinui* II SIM Mfc ptl) 4mre/4)CTW |VKHi I VOV INh I W MM fIH MM (Ml IB Mf IWV m nn w nn im wsnara? N MI
      880 words
    • 128 22 1 KALIMANTAN PIKICT WIIKLY SIKVICI TO JAKARTA/PALEJMBANG /DUMAI I V""* IWT I MI m rim mmu IKMUMUan 07/03 15 /U H/M I I iumm\ -i?n —\m —rtm iifir' I m»/UMIW M/l] U/M H/M 11/ M SURABAYA/PANJANG W W I PJi I a HUM g7g Ts7»i 11/ M 1 ii/M I
      128 words
    • 632 22 BSA .k MYANMA ■H FIVE STAR UNE (Mvmmt Niti«Ml Uoo) Loo4h| far Y«|m rasa VOT SM m rai rai PAGAN 306W SU> HPA-AN 307W SU IN MALAYSIA: lOUSTEAO SHIPPING AGCNCIES RUI: 03-*****)00 PRL 03-*****101 Pfll: 04-2****** BANK LINE (A Mrvka of Mriw Woir Skippteg) I NORTHBOUND TO EUtO>f""| V CONTAINS,
      632 words

  • Page 23 Advertisements
    • 1220 23 |VfSS«t VOT KHH HKO SIN PKL PX» SB PMM MX WAN HOKMOZOAN PCI 322 toiUd o«E3 03/08 06/08 13/08 14/08 21/0# 23/08 SIMA TOUBA PCL 802 SKIP SKIP 14/0* IS/OS 22/0* 13/08 29/08 01/09 CAP! nuo PCL 803 SKIP SKIP 21/08 22/08 29/08 30/08 06/09 08/09 MAN ISFAHAN PCL 326
      1,220 words
    • 9 23 KEEP ABREAST OF MARITIME LEGAL MATTERS IN EVERY FRIDAY
      9 words
    • 603 23 J V£tt?l k UK CONTINENT SERVICE Loadaigfor THOR LOTUS FTTM/ATW/BMN/UK/NAN ZEYNEP KIRAN RDM/ATW/BMN/UK/NAN Loads Sngapore. E-/W. Mrtayia. Indoneti MIDDLE-EAST SERVICE Loading for PAN BRIGHT ADN/HDO/JDH/AQA LOK LAJESHWARI ADN/HDO/JDH/AQA J. FRIEND DBI/ABU/DOH/BRN/DMM/KWT LOK PRATAP DBt/ABU/DOH/BRN/DM M/KWT •Loads Singapore, E7W Mataym*. fcidonMM USA SERVICE Loadngfv QUI GON JINN CAM/NFK/SAV/NOL PAN DYNAMIC VCW/LAX/MZL
      603 words
    • 1180 23 rasa 3821 m Efit jassa m mt BUM! iMffl am »q/m jhjuul uu nm w m mum* mfifl um n/oi rumi mi ii/m ii/a Z ma izzfic n/Qf -2H2ib iSH WA }i&— pkoanba lfilfl um H/M MCPUR WM )7/H 14/w HttAMDA mil li/H H/M nc lAWO* 1014* 10/ M 17/01
      1,180 words

  • Page 24 Advertisements
    • 553 24 nffltSKY 105* 08-09/08 15-17/08 72 13/01 I reasu iom imvoi imi/w m-27/oi I imum 107N 15-16/01 2724/01 29 30/01 I TIKI SHAM I OKI 11-20/01 24-21/01 02-03/ M I Ti6aw^^iw|^2mw^^2wi/o^^K^J 5M "553* *51 oToi7si \Tm HUM I TI6EI SfWNG 4*2 10-10/01 14-11/08 27 77/01 I lAAMI 701 10-IQ/TX 15-17/01 JMUJII^^IM^I^wS^aTVO^OM^O^J
      553 words
    • 907 24 A FREIGHT LINKS EXPRESS PTJkLTIK 51 Penjuru Road, 3 Level, Freight Links Express Logisticentre, Singapore *****3 Tel: *****511 Fax: *****577 E-mail: flesin@singnet.com.sg LCL SERVICE TO CEBU, PHILIPPINES VESSEL APL NINOBO V.013E 11.19^^^91! ETA SIN t 11/08/2003 ETA CIBU Booking 6267# 5565/4694/5535/5580/5541/*****5569/5560/5563/5514 PROJECT HEAVY LI FT CARGO (CONVENTIONAL RORO) Lawrence Lim
      907 words
    • 1136 24 I lib IPDZ LINES SF^^.«mshJ |^Bp9DISBpBffIIB^9BBDpDB&BIDHHDEO MMtfS MM M/M GB*B *****107/00|S. PHUMM M2707/M0040(1 M2I |>7/M gIWB QOll M/M ISM IIOUNCAEASI 1 *****17/ M IfISMtNG Ml 9 14/OOIS.mOM |M *****/MIt.WMM Mill 14/ M rMKOKSW TSMM IS/M 77/ M llounkeass ms»/m IcfiWH |iO#»|u/oo|tt<WHmjmi »4/o>ltwoa mm ti/M tBHOw ooim nm nm IIUNMISI lIISII
      1,136 words
    • 283 24 ft BREAKBULK A CONVENTIONAL SERVICE DIRECT SERVICE FROM S'PORE TO KARACHI IVPSB VOYACI ITASWQAPOf ITA lAKAO4 IOUW OllWf M/W/D3 30/W/D3 SEA-PAC MANAGEMENT PTE. LTD. 70 Amen Rood #17-07/06 /IK Ap*x Toww, Singapore *****5 Telephone: 6270 0977 VH Facumil*: 6275 2309 Telex: K$ ***** SUPAC PRttCT «N HAMPO, DJfJL KOREA I
      283 words



  • Page 27 Miscellaneous
    • 123 27 5 FOR 7AM 6 Aug 2003 *****g^5^ Ik n Issued by Meteorological Service Division,NEA LEGEND: Thunderstorm Wind speed symbols ~v Showers Fu circle w/o line indicates calm or light and variable winds Rain O ne ha| f fleche represents 5 knots Cloudy Day One full fleche represents 10 knots x
      123 words