The Business Times, 8 August 2003

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Total Pages: 26
1 26 The Business Times
  • 13 1 THE BUSINESS TIMES MITAJP^e4«a/2003 I Internet: http://business-times.asial.com.sg SINGAPORE FRIDAY, AUGUST 8. 2003 85C
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  • 970 1  -  R^xciusive Up to 60% surge also reflects rise in nnmber of directors Tfy Siow Li Sen [SINGAPORE] Board fees paid by the top Singapore companies surged as much as 60 per cent last year as boards generally got bigger and greater demands
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  • 391 1  -  They plan to double circuit density of today's chip manufacturing technology By Tang Weng Fai [SINGAPORE] The wave of global alliances among chip giants continues this time three industry heavyweights are pooling resources to develop the latest semiconductor manufacturing process technology. Singapore's
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  • 73 1 sn 1,533.(1 (+23 43) ST INDEX FUTURES (+18.00) SIMSCI FUTURES 187.30 (+3.20) Thursday Change KLSECOMP ***** MI.XK NIKKEI 225 URM 5H35 HANG SENG 9.95*05 2949 SET INDEX 49*38 JAKARTA COMP JHUD Ml MANILA COMP 1.207.25 '2.93 TAIPEI WPI *****7 ..1324 SEW *L COMP 7U9.f*l +li« SHENZHEN B SUM *010
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  • 79 1 FOREX RATES US$ tl rsS(SSperl'SS) 1.758 V(l'SS/SS per 1.608 Ml E1R0(1 SS/SS/E) 1135 1 996 YEN 120.2 »>*,10 RM 3.800 £161 H KS 7.HI M 4 4-lb BAHT 41.95 2385 Rl PIAH 8.585 4.k«p RENMINBI *299 4720 INDIAN Rl'PEE 46.07 2616 AS US 0878 NZS 1.728 0.983 PRIME RATES
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  • 829 1  -  Counter gains over Sib in market v&lne as shares rise 7C Byi Angela Tan [SINGAPORE) Singapore Telecommunications yesterday reported results that further validated its overseas foray since the 90s, including the $13 billion Optus Australia buy in 2001. And
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  • Page 1 Advertisements
    • 33 1 \(>.rl I'lttiiiijc: ARNIE AS GOVERNOR IJS action hero Arnold Schwarzenegger has decided to give up movies to 4 S fight tor the governorship of the state of California a PAGM3 "C r Pf
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    • 101 1 r f >* liAo tl'imhl Ijll'l fiici, <> i !<I]HIKII't s MOST CREATIVr ENTREPRENEUR? INSIDE COMPANIES Marco Polo buys Sea View Hotel site for $255 m Pg3 REGION Bomb blast may cutlndon growth by less than 0.5% Fq9 Rupiah rises a& terror concerns ease PB9 EXECUTIVE LIFESTYLE Those state-of-the-art homes
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    • 52 1 What if Singapore hadn't been founded at aR? Stamford Raffles reveals a stunning secret that could have changed the course of history as we know it Find out more in BT tomorrow, in Jaime Ee's once-in-a-posthumous-lifetime, no-hoWs-barred Raffles uonversaiion wttn sir Stamford naaaß Are SingTel's overseas investments really paying off?
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  • NEXT page
    • ON THE grapevine
      • 98 2 COST-CUTTING measures at financial giant Citigroup are apparently making some hot and bothered. A visit by analysts from Morgan Stanley to chief executive-designate Chuck Prince in his New York office unearthed the fact that he has raised the building's temperature by two degrees
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      • 50 2 AN investor who successfully applied for units in Cheung Kong's property trust Fortune Reit was anxious to find out when trading starts. So he called his broker to ask about the listing day and the good-humoured broker replied by SMS: "Your fortune will be good on Aug 12."
        50 words
      • 124 2 WITH the weather in China like the inside of an oven, people are cooling off in unusual ways. In Hangzhou city the government has opened bomb shelters so those without air-conditioning or power supply can take refuge from the scorching heat. These "back-up air-conditioners" are equipped
        124 words
      • 124 2 IE Singapore chief executive Lee Yi Shyan did a double-take when a flight stewardess on China Eastern Airlines asked him if he wanted a "partner" after his lunch. "Wow, the service is good on this airline," he thought. But it turned out she had
        124 words
      • 127 2 IS there a Singaporean standard of size? And if so, is this tall, thin and waif-like? Wrong! Department store Metro has found that our women have put on 2.5 cm around the hips and waist from 10 years ago. And more such dark truths may
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    • 464 2  -  |:ii exclusive Borrower gets to enjoy better rates even if he leaves organisation By fi Siow Li Sen [SINGAPORE] DBS Bank recently began marketing an innovative housing loan scheme to corporations, and the advantage to their employees is not just the preferential
      464 words
    • 740 2 ValuAir sees flights from S'pore by HI 2004; Thai Airways nnit may hick off by year end Reuters [SINGAPORE] In just months, the skies over Asean would get busier as the first budget flights take off from Singapore and
      Reuters; FILE PHOTO  -  740 words
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  • SINGAPORE companies
    • 593 3  -  New 500-560 onit condo to breakeven at $600-625 psf By Kalpana Rashiwala MARCO Polo Developments has finally made a major property investment here after a four-year absence. It yesterday inked a deal with listed Sea View Hotel to buy its 326,230 sq
      593 words
    • 503 3  -  Metro now expected to secnritise its 27% interest By] Kalpana Rashiwala METRO Holdings is expected to hit the asset securitisation trail to divest its 27 per cent stake in Ngee Ann City worth $538 million following yesterday's expiry of an offer it
      FILE PHOTO  -  503 words
    • 296 3  -  By Vince Chong THE Iraq war and the Sars outbreak have taken its toll on Millennium Copthorne (M&C) but the Londonlisted hotel arm of City Developments yesterday gave investors cause for optimism. M&C posted a first-half net loss of £6.3 million (5517.8 million)
      296 words
    • 249 3  -  Bu Daniel Buenas ADVANPACK Solutions (APS) has entered into a US$3B million joint venture with a Chinese electronics giant for the manufacture of advanced packaging for semiconductors. According to APS, a subsidiary of listed semiconductor equipment manufacturer Advanced System Automation (ASA), the move will
      249 words
    • 185 3  -  By Vince Chong STAINLESS steel player AnnAik yesterday lodged a preliminary prospectus with the Monetary Authority of Singapore for a mainboard listing. The 26-year-old company plans to use most of the IPO proceeds to expand manufacturing facilities in China and as working capital there.
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    • 295 4  -  Revenue grew 2.8% thanks to 61.6% increase in broadband sales By Tang Weng Fai NASDAQ-LISTED Internet service provider Pacific Internet, which has seen its share price more than triple in 2003, yesterday reported second-quarter net income of just US$3O,OOO down more than
      295 words
    • 686 4  -  mviwl lock siew angela tan SINGAPORE Telecommunications has attracted a lot of flak over its offshore investments, which culminated in its $13 billion purchase of Australia's Optus in 2001. So far, the telco has invested more than $18 billion overseas. Besides Optus, it
      686 words
    • 200 4  -  Electronics distributor sees low margins persisting By] Kenneth Lim IN a period of micro-profits for electronics component distributors, WPG International said yesterday its net earnings for the half-year ended June 30 rose just 7 per cent, despite a 52.2 per cent gain in
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    • COMPANY Briefs
      • 102 4 SINGTEL is offering handset models for as low as $8 from 8pm to midnight today at its Ang Mo Kio, Orchard and West Mall shops as a National Day promotion. The first 380 customers at each of those three "hello!" shops will also be able
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      • 69 4 FITCH Ratings, the international rating agency, yesterday upgraded Singapore-based United Overseas Bank's long-term rating to "AA-" from "A+". The outlook was changed to "stable" from "positive". The individual rating is affirmed at U B" and takes into account UOB's balance sheet and performance relative to its
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      • 67 4 COMPUTER monitor maker TPV Technology's largest shareholder, Fields Pacific, will sell a 26.36 per cent stake in the company to China electronic display products specialist BOE Technology Group. Fields, which currently holds 42.34 per cent of TPV, is controlled by TPV co-founder Stanley
        67 words
      • 63 4 IPC Corporation's Hong Kong-based Thin soft registered a net loss of HK$7.5 million (S$1.7 million) for the half ending June 30, although it narrowed its quarter-on-quarter loss by 33 per cent to HK$2.99 million. Turnover for Q2 was HK$6.2 million. Thin soft said that
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      • 74 4 STORAGE product manufacturer and supplier Agva Corporation said net profit fell 26.7 per cent year on year to US$1.32 million for the six months ended June 30. including a one-off $160,000 factory relocation cost in March. Revenue rose 33 per cent to US$9.4 million.
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      • 92 4 SHARES of offshore support and marine services provider Ezra Holdings debut on Sesdaq today after its initial public offering (IPO) closed with a total subscription rate of 16.3 times. Ezra's offer of 28 million new shares at 34 cents apiece comprised 25 million placement and
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  • Page 3 Advertisements
    • 188 3 Discover why H Michigan consistently ranks as one of the world's top providers of I MmWkexecutlve education! I! Hong Kong B|| Finance for the Non-financial Manager Sep 15 -19,2003 Wm O Effective Sales Management Sep 22 24,2003 Strategic Marketing Planning Sep 29 Oct 3, 2003 Human Resource Executive Program Oct
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    • 32 3 A 1 Hh #01-03/04 Ngee Ann City Tel 6735 0233 |<| |WW #03 02/04 Ngee Ann City Tel: 6737 2552 JLF V-T k-J kJJ Isetan Scotts Level 3 Tel 6735 1785 HUGO BOSS
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  • Page 4 Advertisements
    • 184 4 Let your company be known through "I 1 V% wmmJ^T' The Business Times Investors' Guide. ~< t -r, v. <■* t t■ >■ L'' <*" rV> 4" V A k *y(f v *y v V i ''V*'" >• V'/- X 'V 4 *?>£ >,v V dfefr"- 1?li vT c *>**']
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  • Page 5 Advertisements
    • 117 5 Am A V when to^accommoda^^^fl^H Have a cosy outing of cargo .^:j'^^recline versatility. Your !^^3SE- 3^ rj /_m U r» 1 1 w' 1 2hM| F^^tea^ s* 's >"« rs* Mk&' '>— ,i "fe<aS£ ,jSHHHk HnnHi ■WV RSM ——————m. j>»' S nßHfeffll «w ''J H ■■i {jHHPaMHHaHHI HBBBBBHHHh^HHH^HHHIBB Spacious Interior
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  • SINGAPORE markets
    • Article, Illustration
      323 6 OTHER SINGAPORE INDICES Aug 7 VALUE CLOSE WTOVn 45.00 +314.00 BTCW -*****.00 +155.00 -*****.00 +400 HMUpBw 417.06 +7.04 tQtj Jill Bid! 148.74 +0.75 1288.21 +15.52 386.17 +5.03 waa»pw 189.09 -*-3.18 SMSClFatarw 187.30 +3.20 Stocks Votam Sunningdale 15c 73.079.000 DMXTechUS5c 64.590.000 Singpu 25c 56,154,000 Chart SemiCond 26c 51.071.000 Interra 5c 31,543.000
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    • 272 6  -  HOT STOCK/ WARRANT By R Sivanithy KEEN watchers of events in the local stock market would have noted that the frenzied rotational playing of penny stocks has now become more discerning. Software firm DMX Technologies, for instance, has risen to
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    • 774 6  -  l-l i comment STOCKS r. sivanithy THE terms "technical rebound" and "bargain hunting" are used so commonly when describing market rises such as yesterday's that both have assumed axiomatic status, accepted as accurate depictions of reality without question. Sure, both can be applied with equal
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    • 565 6  -  hi I comment CURRENCIES As, NZ$ less than a US cent from key supports larry wee WITHOUT anything else big enough to dictate direction, this week's US$6O billion auction of US treasuries continued to call the shots for currency markets yesterday. Much
      Source: Reuters  -  565 words
  • 2814 6 UNIT TRUSTS FUNDS Ciobond S pore Class Y 0989. CtMMrtHt Aatt Mgt AM Anro Ami Mgt (S port) Com Global finance Indei Fd 0 8381 to Enooe tqft 1 ***** Com Global lifestyle md® Fd 0 872/ toEivopeld- 1.27/ Com Global Health hde» Fd 0.822/ toEi/opeW 0.95/ Com Global Telecom
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  • SINGAPORE news
    • 445 7 41=1 on the economy growth Bloomberg SINGAPORE'S economy probably shrank less in the second quarter than the government initially estimated because a revival in electronics exports offset a drop in retail, hotel and airline sales caused by the Sars outbreak. Gross domestic product may have
      Bloomberg  -  445 words
    • 416 7  -  NTUC will work with employers to narrow jobless-vacancy gap By Chuang Peck Ming the laoour movement is looking to work with employers willing to tailor jobs to fit Singaporeans. "We are currently looking for 50 employers in the cleansing, electronics, garments, hospitality, healthcare,
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    • 342 7  -  By Kenneth Lim CITING an increasing mix of curiousity and misconception among novice investors, the Investment Management Association of Singapore (Imas) yesterday committed $100,000 to cosponsor two prime-time education programmes on SPH Media Works' channels i and U. "People are becoming more aware of investing,
      LIANHE ZAOBAO  -  342 words
    • 416 7  -  Partnership aims to help investors pinge unit trusts By Genevieve Cua OCBC BANK has partnered Mercer Investment Consulting to offer an advisory process that builds in a for-ward-looking perspective. Besides an asset allocation framework that Mercer helped to define, the bank will also
      416 words
  • Page 7 Advertisements
    • 29 7 We've MADE a HAUL! Share the good news with your shareholders. Releasing a financial statement? Call 1800-*****22 or email: notices@sph.com.sg to book your Notices advertisement in our newspapers now.
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    • 120 7 Families and investments grow here n Prestige Melbourne Landed Property Visa links /~"vC H Freehold Land r* i• ll D Good capital growth il F, D Min. 7000 sqft Lot sizes D World-class education > J V D Rental guarantee J Q Easy Finance x j D Architectural designed homes
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    • 96 7 TO CLLLBRATL OUR AWARD AS "BEST WINE RETAIL OUTLET IN SINGAPORE" IN THE L1ANHE ZAOBAO WINE REVIEW CHALLENGE 2003 BOOZE WINE SHOP INVITES YOU TO OUR FIRST-EVER WINE SALE STOREWIDE DISCOUNTS OF UP TO 30% NOW TILL 10* H AUGUST 2003 •WIN -ABUI OLiS 7PS IN OJR I UCKY DRAW
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  • EDITORIAL & opinion
    • 720 8  -  OPINION mum 1 bottom line chet currier Bloomberg ONE large obstacle in the path of a stock market recovery is the smug expectation that such a revival is bound to happen. After three years of pain, many investors seem to feel, it's high time
      Bloomberg  -  720 words
    • 100 8 'We are confident that Indonesia will speedily bring the perpetrators to justice and call on all investors and our people not to let this isolated incident affect their confidence in our region.' *—mhriatttw^ in a joint statement at the end of their two-day meeting in Manila. The
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    • 575 8 EDITORIAL The deadly bomb blast in Jakarta on Tuesday was confirmation, if any were needed, that the Bali bombings of December last year were no one-off event Moreover, it underlines that while Indonesia may be in the eye of the firestorm for now, terrorism is a regional,
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    • 1037 8  -  The 1990s were years of despair for many poor nations, the latest UN Hainan Development Report shows By* Jeff Madrick NYT [NEW YORK] The fierce arguments over whether income inequality and poverty rates in the world have risen or fallen somewhat in recent decades dominate international
      NYT; REUTERS  -  1,037 words
    • 617 8 BRITAIN has long been America's closest ally. But more than any previous British prime minister, Tony Blair has made himself a crucial factor in Washington's foreign policy debates. For Americans unwilling to accept the White House's flimsily backed assertions of imminent danger from Iraq, Mr Blair offered
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  • REGIONAL news
    • 443 9 JAKARTA BLAST Fallout won't be as bad as from Bali attacks, says economics minister Bloomberg AP [JAKARTA] A bomb blast in Jakarta this week may cut Indonesia's economic growth by less than a half per cent, said Dorodjatun Kuntjoro-Jakti, the nation's
      Bloomberg; AP; AFP  -  443 words
    • 294 9 Bloomberg [JAKARTA] The Indonesian rupiah strengthened as stock sales by overseas money managers slowed, easing concern that Tuesday's bomb blast at a Jakarta hotel will scare investors away. Other South-east Asian currencies also gained. Fund managers outside Indonesia yesterday sold 62 billion rupiah (5512.7
      Bloomberg; AP  -  294 words
    • NOTE Book
      • 92 9 Bloomberg [HONG KONG] Hong Kong's new financial secretary Henry Tang pledged currency stability would be a top priority, signalling the city will keep its currency pegged to the US dollar. "I am confident that we will be able to achieve currency stability, a stable monetary
        Bloomberg  -  92 words
      • 83 9 Reuters I KUALA LUMPUR] Malaysia's Malakoff Bhd agreed yesterday to buy 90 per cent of power plant operator SKS Power Sdn Bhd for RMB3S million (*****.3 million) cash, cementing its position as the country's second biggest power producer. The acquisition of SKS Power
        Reuters  -  83 words
      • 66 9 AFP [KUALA LUMPUR] US oil major ExxonMobil plans to invest some RM4 billion (Ssl.9 billion) in Malaysia over the next two years to strengthen its presence here, a report said yesterday. ExxonMobil Malaysia chairman Rob Fisher told the New Straits Times that 80 to
        AFP  -  66 words
      • 82 9 Reuters [HONG KONG] Swire Pacific Ltd's first-half net profit plunged 56 per cent as Sars hurt its Cathay Pacific Airways arm and the territory's property market remained depressed. Conditions would continue to be challenging in the second half, it said. Swire posted a net
        Reuters  -  82 words
    • 330 9 mHONGKONG Bigger home loans may spark higher rates: official Bloomberg HONG KONG Monetary Authority (HKMA) chief executive Joseph Yam said there is no need to change guidelines about how much people can borrow to buy homes, in an apparent challenge to proposals aimed
      Bloomberg  -  330 words
    • 378 9  -  S'pore to co-chair panel on domestic rating agencies Fromi Al Labita in Manila SINGAPORE and Japan will jointly chair a working group that will flesh out the details of the Asian bond market initiative (ABMI) that Asean, China, South Korea
      378 words
    • 293 9 TAIPEI Bloomberg TAIWAN will allow offshore units of its lenders to engage in Chinese yuan transactions to help Taiwanese businesses on the mainland counter the risk that China will allow its currency to strengthen. China has fixed its currency in a band 0.3 per cent
      Bloomberg  -  293 words
  • Article, Illustration
    1067 9 Tmnscu'tion date:Aug 7 MTERBAMK CROSS RATES AS C$ h» Eire IttS *t*i h*Uk Ten Won »M Pafcts Peso S$ tmi Sfr IT$ »M fvmt US$ Australia 0.909 5573 0570 5.050 29.787 55.648 0.778 7.669 2.460 L119 37.416 35.416 1.138 4.765 0.876 ***** 27.161 0.403 0.647 Canada 1.100 5.912 0.628
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  • Page 10 Advertisements
    • 1773 10 GP Batteries International Limited S (Incorporated in the Republic of Singapore) Notice Of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of GP Batteries International Limited ("the Company") will be held at The Pan Pacific Singapore. Ocean 6, Level 2. 7 Raffles Boulevard, Marina Square. Singapore
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    • 3959 10 toll-free 1»00 289 8822 Bad!: notkesQsph.coa.sg UNITED OVERSEAS BANK LIMITED (Incorporated in Singapore) LOST SHARE CERTIFICATES The undermentioned share certificates have been reported lost, destroyed or mislaid Nam* Cwtlftcaf No, No.otihar— Wee Poh Neo *****25-3 1,332 do *****59-4 1,831 NOTICE IS HEREBY GIVEN that new share certificates will be issued
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    • 977 10 In the Matter at The mpuks Act, Cap N ECON W(XH> PRODUCTS PTF. I.IMITKD < Incorporated In The Republic of Singapore! (In Members' \<>lunUr> liquidation I At an Eitraordinar> General Meeting of the Compam deemed to be held on the 31 July 2001 the following Resolutions were duly passed SPECIAL
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  • WORLD news
    • 530 11 LATEST US DATA Jobless claims fall, wholesale purchases and productivity rise Reuters [WASHINGTON] Government reports yesterday showing fewer Americans filed claims for jobless benefits last week, a sharp hike in US business productivity in the spring and the biggest gain for sales at US wholesalers
      Reuters  -  530 words
    • WORLD Watch
      • 64 11 Reuters [LONDON] British banks and investment banks want to dilute new global banking standards and are seeking permission to operate under existing rules for four years later than planned, the Financial Times said yesterday. The British Bankers' Association and the London Investment Banking Association
        Reuters  -  64 words
      • 67 11 Reuters [BRUSSELS] The European Commission confirmed yesterday that it intended to fine Microsoft Corp for what it believes is an abuse of its market position, unless the world's largest software maker can convince it otherwise. Spokesman Tilman Lueder said the commission would take
        Reuters  -  67 words
      • 105 11 Reuters [NEW YORK] Records from AT&T Corp show that its bankrupt telephone service rival, World Com, stopped routing phone calls through Canada right after it received a subpoena from the US Justice Department, The Wall Street Journal said yesterday. World Com won approval from a
        Reuters  -  105 words
      • 64 11 Bloomberg [PRINCETON] Cable Wireless pic, the UK's No 2 phone company, scrapped a five-year-old US$3 billion computer services contract with International Business Machines Corp and alleges it was overcharged by IBM. The order, which was IBM's largest services deal outside the US when it
        Bloomberg  -  64 words
    • 294 11 LONDON Baghdad blast heightens fears about delays Bloomberg Reuters BRENT crude oil rose in London yesterday after a bomb exploded outside the Jordanian embassy in Baghdad, heightening traders' concerns about delays to Iraq's attempts to revive oil supplies to world markets. Prices topped
      Bloomberg; Reuters; REUTERS  -  294 words
    • 255 11 WASHINGTON They most tell how directors are picked under SEC plans Reuters CORPORATIONS would have to disclose more about how they choose their boards of directors, under proposals given preliminary approval by US market regulators on Wednesday. In addition, companies regulated by
      Reuters  -  255 words
    • 220 11 NEW YORK Reuters TOP accounting firms, who rarely offer a peek into their finances since they are private partnerships, should reveal more financial information, including their dependence on individual clients, a report commissioned by a group that represents accountants globally said on Wednesday.
      Reuters  -  220 words
    • 348 13 LOS ANGELES Action star's decision confirms talk he's after top California office Bloomberg US action hero Arnold Schwarzenegger on Wednesday announced he was giving up movies to fight for the governorship of the state of California, in a surprise twist worthy of a Hollywood script.
      Bloomberg; REUTERS  -  348 words
    • 116 13 WASHINGTON Bloomberg BILLIONAIRE investor Warren Buffett and about 20 other business leaders urged the US Supreme Court to uphold part of a new campaign-finance law that bans national political parties from raising unlimited "soft money". The soft money system amounts to a "shakedown"
      Bloomberg  -  116 words
    • 255 13 NEW YORK Reuters JP Morgan Chase Co is rolling out a new automated trading system and cranking up the pressure on its sales force to get an edge in the increasingly competitive equities business. Carlos Hernandez, head of the cash equities
      Reuters  -  255 words
  • 1541 11 8IC0M FUTURES Aug 7 M6KlF*tw*s(Ctaia| picas) RSSI(ScmuAq) CIom VotaM OpM MowHi M# Low Sett (town) Interest S 03 W.50 03 179.50 Nov 03 1T7.50 Dec 03 T75.75 RSS3(U$ccnbfa) VoiMN Op M Montfe Mgli Low Sett (tonnes) Interest Sep 03 ***** 101.75 102.00 900 5950 Oct 03 100.75 100.75 100.75
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  • 4528 12 Transaction date: Aug 7 H HONG KONG v«i humi— i.63 -0.02 mm NO W- DM Hong Kong Electric 30 40 unch 3143 Hongkong Chmese 0.87 unch 942 Alpha General 0-23 -002 346 Hongkong Chinese Ltd 0.17 unch 942 Ananda Wing On 0.01 unch 0 Hopewell Holdings 8 30
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  • 2218 12 Transaction date:Aug 7 KUALA LUMPUR SS2S£==& ui ■M roan General Soil 126 unch 0 Gentmg 15.10 0.10 290 A A M Realty .0.91 6.01 142 George Kent.......— -•J-*' Abnc .0.97 -001 245 GlotogtronicsTech.--- "2? Ill ACP Industries.. .3.02 0 02 12 Glomac Bhd.. .2.10 i**h 262 Advance Synergy ..0.44
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  • 776 12 Transaction date:Aug 7 fctww 1 Omit O—t m Omt a—g» Mmn» 4l41 0.9*5 *0.005 NrtSMSOc OS 2JS0 <4100 at OSS 5.100 -0450 OOC IN ***** *4200 r+m m 1.H i_*o *oooo out «ss toso Ottrt SantfCcnd 2tc 103 1J» *0X00 0.47 0430 C*y0*v50c 1*7 4440 *0440 *•■*-> Food HK50C
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  • 551 12 BONDS WARRANTS M lat M Caa* Ear Dnc Gmt-mS mi ciwmi M» *m- rmm w 3698 AST1W*****1 unch SI 16 13 3.25 10 3697 Acma ltd W*****6 1 unch 25 1 50 «10 10.00 IS 3602 Amtek WDS0610 17 1 33 -1 1.44 22 3603 Armstrong W0«0520 43 unch 120
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  • SGX MAINBOARD
  • 73 13 n* Td Laat v*l Day Lm>Q—t« GrDn Dn firTM MM MCaa Ml# I—r C«*» C»tni Ht* W- OH L— >■>» Stfcr Cw W hi 9600 «9 6065 Dianondt US8780 3750 2700 6095 ISOJUSTcd) US3740 555 555 6097 ISMSO Spore USSS5 8270 8200 6101 I5S4P500 US8270 9650 tan 6170
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  • 342 13 U-Wk Td UM Vtf 0* UHQm«* Grot* Mv GrYW MM MCap M* t— CO C.—it Mi w- (lil U« CV rn imi 168 II 6000 A V Jennings A25c A161 uncti 242 162 161 160 163 40 3 4 61 9 4 3465 6001 C4thayPac20c HK720 265 2.1
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  • EXECUTIVE WOMAN/CINEMA
    • 889 14  -  ...but also helping S'porean artists. PARVATHINAYAR finds out how Lena St George-Sweet has achieved her dual mandate PARVATHI NAYAR YOU could say it's a "coming of age" year for her, after being in charge of their arts department for 21 years. But the real appropriateness
      889 words
    • 397 14  -  By) Parvathi Nayar STEVEN Shainberg's Secretary, adapted from a short story by Mary Gaitskill, is a movie that's disturbingly difficult to classify in part because it is so disturbing to view; in part because it finds a strange note that resonates somewhere between pain,
      397 words
  • Page 14 Advertisements
    • 606 14 Where to wine, dine and entertain... Don't miss delectable old-time favourites Chilli Crabs. Kway Chap. Wanton Mee. Hae Mee. Hainanese Satay. Rod Prata. Hainanese Chicken Rice Ball. Ah Ball Ung and much more. Also available are Fresh Oysters. Sashimi and Soft Shell Crabs. Monday to Sunday (except Saturday) Lunch $Z5
      606 words
    • 56 14 J~| M E RtTU S MANDARIN SINGAPORE T A TRIBUTE TO SINGAPORE Hie Best of Singapore Food 1-31 August 2003 Buffet Lunch: 12.00 noon to 4.45 pm Weekdays $2380+++(Aduh) $15.80+++(Child) Weekends and Public Holidays $24.80+++(Adult) $l6.Bo+++(Child) Reservations: 6831 6286 Mezzanne MEmul MANDARIN t»tu 333 Orchard Road. Singapore *****7 Tel: +65
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  • Page 14 Miscellaneous
    • 350 14 CBTPTIC CROSSWORD ACROSS broadcasl < 9 auiu99 4 Farm workers overawe soldiers 5 What was left for society girt pri- (g) or to teacher's return? (6) 5 Arrangement to meet friend on 8 One interpretation of "Turning top of my rtle tree! (4-4) aside'' (8) 6 Single doctor in bad
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  • THE ARTS
    • 969 15  -  The country's presence at the international festival may not be easy to spot, but the Singaporeans taking part are excited about their involvement, reports ADELINE CHIA ADELINE CHIA A FOUR-PERSON strong literary contingent for a poetry reading and a rendering of an Italian play without
      FILE PHOTOS  -  969 words
    • 664 15  -  It stages the popular Ballet Under the Stars this weekend and Madame Butterfly in October By< Cheah Ui-Hoon IF you haven't been to a Singapore Dance Theatre (SDT) performance this year, it wouldn't have been for the lack of opportunity. As the dance company
      664 words
    • 477 15  -  Expect a performance of laid-back Aussie humour and cross-over music By\ Cheah Ui-Hoon ONE of the most "serious" items they'll present is a 15-minute medley of operatic songs. The Ten Tenors might make you think of another group of (more senior)
      477 words
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    • 42 15 Off The Cuff has been held over -1 i -y— '"T""""TMSTi3r3T^Biip— >■■ I 11 r y 3) k f J idfllflfl I- t J--'ZZjZ-4^i'L3Se J ~rl iTirTiw .i Sy wi •>*•■.*• r r- ■K. .•92^V7^3^B£-r>v?i7l^^Kr ii liny <7» >*"wßh 3Wo r. j ■♦AY* \?&lr3k
      42 words

  • EXECUTIVE Lifestyle
    • Article, Illustration
      1498 16  -  GEOFFREY EU checks out how design and technology are brilliantly employed in several state-of-the-art homes in Singapore GEOFFREY EU AT precisely 7.30 am each Monday to Friday, the motorised bedroom blinds in Benjamin Goh's eighth floor Bukit Timah apartment roll smoothly up to let in the morning light.
      PHOTOS BY CHRIS LOH  -  1,498 words

  • SHIPPING TIMES
    • 259 17 Reuters THE Baltic Dry Index rose 32 points to 2230, the Baltic Capesize Index rose 65 points to 3096, the Baltic Panamax Index rose 34 points to 2067 and the Baltic Handymax Index fell 27 points to *****. TIME-CHARTER: China Steel Growth (built 2002) *****5 dwt delivery Antwerp
      Reuters  -  259 words
    • 289 17 S6X '000 /Wj7 SS *4- Vol CWT Distribution 0.55 unch 0 Oman Hup 0.44 0.01 1407 CH Offshore .0.32 0.01 3723 Cosco Investment 0.36 0.01 3659 Freight Links 0.07 0.01 206 GB Holdings 0.77 0.01 24 Jaya Holdings 0.44 0.01 2660 KeppelCorp ...5.05 unch 1240 K1 Venture .0.21
      289 words
    • 215 17 [SINGAPORE] PSA Corporation's Singapore container throughput rose 8.8 per cent in July to 1.61 million TEUs (twenty-foot equivalent units) over the same month in 2002. The result brings its January to July volumes to 10.25 million TEUs 5.8 per cent higher than
      215 words
    • 323 17 Tanker chartered to carry ont oil transfer too big Bloomberg [KARACHI] Attempts to transfer crude oil from a tanker grounded outside Pakistan's Karachi port have been delayed because a vessel chartered for the task last week is too large and runs the risk of
      Bloomberg; AP  -  323 words
    • 580 17  -  NYK, MOL, K Line attribute strong growth to better- th&n-expected recovery in freight rates By Beth Jinks (SINGAPORE) Japan's three major shipping lines Nippon Yusen KK (NYK), Mitsui OSK Lines (MOL) and Kawasaki Kisen Kaisha (K Line) all enjoyed stellar first quarters,
      580 words
    • 69 17 [SINGAPORE] Japan Coast Guard Academy training vessel Kojima visited Singapore this week as part of a three month round the-world deep-sea training exercise. Kojima and her 75 crew including recent academy graduate cadets —departed Japan in mid-May and have visited ports in cities including San Francisco,
      69 words
    • 448 17  -  Lower prices and introduction of mega barges cited By Beth Jinks [SINGAPORE) Europe's busiest port. Rotterdam, expects to sell up to 11 million tons of bunker oil this year, after its lower prices led to a 10 per cent rise in
      FILE PHOTO  -  448 words
    • 861 18  -  ADMIRALTY CASEBOOK English court remits issue of repudiation of contract to arbitrator Ry\ Selva Kumar A CLAUSE in a time charter-party, under which a vessel was to be treated as "off hire" for any period when it was placed
      861 words
    • 194 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 Oelmas 4 Dongnama 3 EP Carriers 6 ECL 3 Eng Lee 6 ESP Lines 4 Far Shpg 5 Foong
      194 words
    • 44 18 Reuters [WASHINGTON] A US Coast Guard patrol boat skims over the Potomac River in front of Ronald Reagan National Airport in Washington, DC. The country's airports have stepped up security measures in an effort to assure safety on US "airlines. —Reuters
      Reuters  -  44 words
    • 12636 23 thebusinesstimes EXPORT ETA ETA Advertiser Vessel Voyage TKepnor* ETA ETA Advertiser Vessel Voyage Telephone SIN Dtsfn Nam# Nam* Number Number SIN Destn Name Name Number Number To CAPETOWN (CRT) 2067 South Africa To ABIDJAN (ABJ) 2003 Cot* D'lvolr# 15/06 01/09 COSCO EVER GENTLE now 45-4226-900 19/06 12/09 MOL
      12,636 words
    • SHIPS IN PORT
      • 740 25 Vessel Voy No Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL ASL33 A001 J15 A/SIDE 08/08 0630 ATLANTIS 7 A7159 J2 A/SIDE 08/08 0630 ED KARAHASAN V-008 J10 A/SIDE 08/08 1500 GOLD STAR *****3 J4/5 A/SIDE 08/08 0200 JIN HWEI 101 ***** J6 A/SIDE 08/08 2300 LOVE LETTER 56 J7/8
        740 words
      • 1884 25 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vessel Out In Bth Berthing Un- Berth Name Voy Voy seq berthing Nmbr ABU DHABI C254W C2S4W 1 *****00*2140 1008/2003-0640 BOS ACX LILAC 055N 05SN 1 **********40 10Q*****1300 ACX SAKURA 0205 020S 1 10/*****3 1500 ALAMJAYA 2 8857 8857 1 *****003-06:00 **********40 ALEN
        1,884 words
      • 139 25 An* 12 Thailand: Queen's Birthday. Aug IS France: Assumption Day. Italy: Assumption Day. S Korea: Liberation Day. Aug 17 Indonesia: Indepen Day. An* 24 UKingdom: Summer Holiday. An* 31 Malaysia: National Day. Philippines: Nat Heroes Day. Sep 1 Canada: Labour Day. U.S.: Labour Day. Sep 2 Vietnam: National
        139 words
      • 811 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 average sized stem Market movements are indicated The Cockett Bunker Price Index change and
        811 words
      • 494 25 Carbon Jul 31 Density Water Residue AshAhmilnHHn Sadiwent lii— M/WI »»/V M/M M/M WW wtlwa ISO/CiiMC Limits Spec E25 991 1.0 IS O 0.10 80 0.10 Spec 635 991 1.0 18.0 0.15 60 0.10 Northern Europe 180 Ave 977.6 0.1 11.2 0.03 16 0.01 180 Mai
        494 words
    • AIR & LAND transport
      • 637 26 It may also gain marketing and ticketing rights on mainland Bloomberg [HONG KONG] Cathay Pacific Airways Ltd is on schedule to restart flights to China, one of the world's fastest-growing aviation markets, by December after a 13-year absence. Hong Kong-based Cathay, Asia's
        Bloomberg; AFP  -  637 words
      • 330 26 AFP [SHANGHAI] China's airports are seeing a rebound in passenger and freight volumes although full-year flows will not hit 2002 levels due to the impact of the Sars epidemic, state press reported yesterday. "The recovery of business at Shanghai's two airports is much quicker
        AFP  -  330 words
      • 606 26 Loss of 89.7b won forecast as Sars, slump in consumer spending hit travel Bloomberg [SEOUL] Korean Air, South Korea's largest carrier, will probably report a net loss in the second quarter as Sars and a slump in consumer spending discouraged people
        Bloomberg  -  606 words
      • 206 26 Bloomberg [HONG KONGJ Kenya Airways, 26 per cent owned by KLM Royal Dutch Airlines, said profit in the three months ending Sept 30 will rise from a year ago as business and tourist passenger numbers increase. Passenger traffic rose in July by as much
        Bloomberg  -  206 words
      • 99 26 Bloomberg [TOKYO] Japan Airlines System (JAL) and All Nippon Airways (ANA), Asia's two biggest carriers, said they cancelled flights to Okinawa because of typhoon Etau, the 10th- biggest tropical storm to hit Japan this year. Tokyo-based JAL cancelled 31 flights yesterday, spokeswoman Atsuko Mori
        Bloomberg  -  99 words
      • 246 26 Bloomberg [MUNICH] European airlines' international passenger traffic rose 1.2 per cent in the week ended July 27, as more people resume flying to the US and the Middle East. Travel across the North Atlantic rose 6.6 per cent from the comparable week in 2002 while
        Bloomberg  -  246 words
      • 2009 26 an niMT n« rusm cm 6*973 oeso on 2250 UMMt 1*7381 «40 8*7382 2215 1445 IH779 230$ 0f81 1840 0FI2 2215 LH™» 855 ****** 2305 teMM *1837 1455 6*974 0130 ***** 855 S 020 2305 ..I, J,.. $***** 1555 UW763 2350 S024 2345 8*7306 1805 $026
        2,009 words
  • Page 17 Advertisements

  • Page 18 Advertisements
    • 826 18 I TO USA/CANADA 1 I EXPORT I 1 OTHER DESTINATIONS I VBSB |vQY |ptG II TO AUSTRALIA (AUSTRALIA ASIA EXPRESS) OOQCHHU 44E32 05*8 N/H 22/08 24*8 29*8 27*8 27/01 30*8 Jvgja VOY ETA SIN KG ——5TT —5F~| STB —Ma AM P7O NEDLLOYD STUYVESANT ISE33 12/08 13/08 I 29/01 02*9 05*9
      826 words
    • 522 18 Lines services represented by r. Members erf the Registry of J Members f ftSft AccM Shipping Aort,. "jgf n°«m 3/ Singapore Shipping Association CONTAINERS/ CONVENTIONAL CARGO PORT (LMG/SMGtfOK/JMUUrai lANGKOK VOY ETAPKL ETA SIN ETA MALE VUM Star 541 A UIK 15,* MW Priam* Uh MS Et» Si UN IB W
      522 words

  • Page 19 Advertisements
    • 1273 19 TO EUROPE FROM EUROPE Ivcsa Ivors* or tm anr ham wv sou "taTllvßsa |yorrai<WHMiw»soui«swl Monmotrn OISWM/H M/n -%m HW—Mimes *£iW7 21/07 o/»"/»«•/" HYUNDAI DISCOVERY 316W11/00 29/01 31/00 02/09 27/00 WWW Sff 27/87 finrrnnr iomvl4/00 03/09 05/0901/09 wbmi 10c s/w a/0723/07 13/00 mfmot Sis/5 31/00-02/09 os£o6/09 wmbt 3i«B/y zr/w Jo^a/wij/w HTCONFSENCE
      1,273 words
    • 1401 19 i "VNIAK Oft SftVKE FROM SINGAPORE TO BUCK SU VIA POT SAIR" OKSSA MKRAME) 19 UK N.YCHVSK (VKRANM) 20 DATS WIWMHBIHWWIII: VUU/HH fIL M7WV/W MC IJJIMII/n I MIMVIimi fMMlHill Hftßr COSTAI SHIPPING PTE LTD wraiNim outwudii/u Mitsw umm/n I CONSTAHTZA (ROMANIA) 23MR rinnnnminrnJ ra- in* two vumi mwmdp/oi umru mmsju/w
      1,401 words
    • 539 19 rasa _m_ it h»6 mm hk im pus rasa wr a jr su» hkg u» pus iik iwgjiiugggg i?is 13/1 im ?i/i rux ?s/i vn vn mrcrusMi 312s iy/» 20/1 i\n v/i aa/i 31/1 t/9 HTrtOGgSS OOSS 20/1 23/1 2|/8 29/1 l/> y> 3/9 UTCSJNGATOtt 31 IS 24/1 27/1 2«/
      539 words

  • Page 20 Advertisements
    • 731 20 er>C| MA Q ENOOrniES/BOOKIHOS: ******44 FAX: *****433 E-MAIL: MmM4Mmnxom.ii UCblflMW OOCUMeNTATKMM/OPCIUTIONS:e33»3«37nW:«33MI77 MMSMTimuomai arms comma saw to sovm/wtsT Amu VKSfI IVOT SW LUANDA FOMfn NOHf MATAW UWtYmi TWXAW I AMOJAM IBM LOW OHM DO>JAU~ MnwsFwte M* 14/01 j 31/W 03/W [~W/W 10/W 17/W OA/W W/W 11/W WW 13/W ~Ts/W WW~ S«—lortwl
      731 words
    • 1207 20 WAN HAI MIBINAIIONAL PVi LID ano lMtmoooa/t W\WAN HAI LINES SSSsI V JON 101 SM*niU:«7|BimiM It MUSfSVS at Ml) 32*711/ Wills WWWWMklinai. *T |H1) Sdia ai «21) SUCH M 71i*l/714ai ML mm ■■twimw www -^^-^-sy--T^r-T L g g --Trß —w —J^-7rSr-w |ww?:» 22 mi* \m >f* n* 21* 2i* MI
      1,207 words
    • 633 20 BSA a. MYANMA BB FIVE STAR UNE (Myomior NoHoml Um) Loodißf for Y«|m vbsei vor sm pkl pa pgu PAGAN 304W SID HPA-AN 307W SU IN MALATSIA: OOUSTEAD SHIPPING AGE NOES KUL 03-*****300 PKL 03-317M101 PIN: 04-2****** BANK UNE (A wrrkr af Andrew Wtir Shipyif) NOKTHiQUNP TO lUKQpj~| V CONTAINER,
      633 words

  • Page 21 Advertisements
    • 1085 21 IRISL, $hps>lXs)!fJ bfJ] <&} ifa*? Q® 3ja!hjtf)(sJ 3ao Hfgksj os w&lii (SJQ ffo (GoJogo (S&mMm Sin Qfh® (fasitesi) Qvamlto Mam* AGENT IN SINGAPORE AGENT M MALAYSIA AGENT M INOONESIA SINOSE MARITIME PTE LTD CR N0 **********0H BOUSTEAO SWPPWG AGENCIES SON. BHD. PT. SINOSE CONTIPERSADA TEL- *****144 FAX: *****181 KL TEL:
      1,085 words
    • 557 21 UK CONTINENT SERVICE Loadwig for THOfl LOTUS RTM/ATW/BMN/UK/NAN Loads Singapore, E7W Malaysa, Indonesia MIDDLE-EAST SERVICE Loading for LOK LAJESHWARi AON/HDD/JDH/AQA J. FRIEND Dei/ABU/DOH/BRN/DMM/KWT LOK PRATAP DBI/ABU/DOH/BRN/DM M/KWT Toads Singapore, E/W Mataysa. Indonesia USA SERVICE Loadng for PAN DYNAMIC VCW/LAX/MZL PACIFIC EMBOLDEN CAM^IFK^AV/NOL toads E/W. Mataysta. Indonesia F.E./S.E.A. SERVICES S pore
      557 words
    • 1213 21 nssa yai rn EOL_ JffSSIL ffll Ml «I kciampa 100W '0/M jfcJMLU 1412 17/ m w/ot hkiampa loia llzm n/w rmniTAw ma uzm uz*_ SSB loiiw 12/ m 12/ M -EiLSiiu mi am i*/« PACtAMPA 1012N 13/ M 14/ M EAC IWTAII «U 17/ M 14/ M »*wd* )?ia MM
      1,213 words

  • Page 22 Advertisements
    • 566 22 TIG€RSEA IO6N 1213/08 If 21/08 2* 27/08 I TIGER BRIDGE IO7N IS 16/08 77 24/08 71 30/08 TIGER SHAM 108 M If-20/08 24-28/08 02-03/0* I TIGER SKY IOW 27 73/08 7131/08 OS4B/08 I TI6ER SEA HON 7* 77/08 07 04/01 _«JO/M__| i "DAUAS 631 MWS iTTi7S 74 2S/08 I TIGER
      566 words
    • 822 22 FREIGHT LINKS EXPRESS PTS,LTI>> 51 Penjuru Road, 3 Level, X 4hrL Freight Links Express Loqisticentre, Singapore *****3 Tel: *****51 I Fax: *****577 jf'-»rPI E-mail: flesin@singnet.com.sg W LCL SERVICE TO CEBU. PHILIPPINES VESSEL INTRA BHUM V.216E ETA SIN 13/08/2003 ETA CEBU 22/08/2003 Booking 6267# 5565/4694/5535/5580/5541 /5 508/5 569/5 560/5 56 3/5
      822 words
    • 168 22 vcsa 'wi i»w F w*""" T T»» 'amigM i;t» W»u I m ITHN IHHW iwai iras UM-rm iw immim hT ?bbw '>»*o*gjgTlg~ Gounitii i Kit IHUW 17 um M» GOUWSUI T7MJ IMt-JOOI 17MB 11-66-MOJ MOM arna.au 'TOB H-6HW IMi TWM "IMi-HB ■wai g»u urn m wwii 'I IT I »«»1
      168 words
    • 1416 22 I Irb IPDZ LINES I gMm CUSIOOttSaVtt: TEL 02-4221-5594 FAX: 02-4227-6190 mJmm soogapooe:tooogJooswfficpte up bwtUeUyetp.««. >t MMWii MM 64/00 CWBC 3010| 14/00 S. UMBO 3031 D/M IMUH ***** 14/661 tBHOWC ggjjg 04/04 IS/01 MWKii ii 49 12/00 aswii 3049 u/onKarwi io3i u/w awoa iomlm/m tmbonsm tsmo iym n/m miHWii 3035
      1,416 words



  • Page 25 Miscellaneous
    • 124 25 i REGIONAL WEATHER Jt Jk FOR 7AM 8 Aug 2003 ■■■■■■■■■■■NMGMNaMnNHHWHMMMNNNMMMMRMNMMNNHHRNMMHMMMHnMHr Issued by Meteorological Service Division,NEA LEGEND: Thunderstorm Wind speed symbols Showers Full 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
      124 words