The Business Times, 5 November 2003

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Total Pages: 32
1 32 The Business Times
  • 18 1 THE BUSINESS TIMES M(TA(F)O244Oa/2003 i t roo t h v business-times.asiai com.sg SINGAPORE WEDNESDAY, NOVEMBER 5. 2003 86#
    18 words
  • 762 1  -  BT exclusive Better sales and orders, plus more optimism point to recovery underway By Daniel Buenas [SINGAPORE] Business sentiments have soared in the past quarter with more firms reporting an increase in sales, profits and business orders, coupled with a growing sense of
    Source: NUS Consulting  -  762 words
  • 71 1 mm sn UIfTMJI (+32.70) □«T MKX futures 1,7984)0 (+25.00) HWneinmiiKt Mtn in (+2.70) Tuesday Change KLSE COUP 8K99 +190 NIKKEI 226 *****37 +***** HANG SENG _12.4M.72 >6191 SET INDEX 665.06 +JJ« JAKARTA COMP 626.49 +953 MANILA COUP .1,***** +20.68 TAIPEI WFI 6,108.99 +21.54 SEOUL COMP 796.06 +4.19 SHENZHEN B
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  • 76 1 FOREX RATES US$ S$ USS (S$ per US$) 1.745 £(l'S$/S$ per 1.675 1923 ElJRO(US$/S$/E). 1.145 1.999 YEN 110.4 6310 RM 3.800 2.178 HKS 7.767 4.450 BAHT 39.92 22.87 RUP1AH 8524 4384 RENMINBI 8198 4.755 INDIAN RUPEE 4514 25.98 AS 1.433 0.821 NZ$ 1.645 0.942 PIHMC RATES SINGAPORE* 535 MALAYSIA
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  • 568 1  -  BT exclusive Annualised rate of return can exceed 10% By Genevieve Cua 15UMUATUK&J investments in "death futures" may gather force in Asia, with at least one Asia-based institution negotiating to finance the purchase of the instrument, called life settlements. Life settlements
    Source: L and Co  -  568 words
  • 610 1  -  Trades valued at $25.5b, compared to $8.4b a year ago By Kenneth Lim (SINGAPORE] The local stock market was awash with liquidity last month as traded volume soared to a four-year high, even though the past .fortnight saw soaked traders take a
    Compiled by BT  -  610 words
  • Page 1 Advertisements
    • 27 1 M I PRIVATE BANKING AS: [he fining is good. but getting tougher Sorfejrihowi CPFcuts not helping firms, Pg2 11(11 8 "887 81 T *****4 EXECUTIVE MONEY Pg6
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    • 274 1 Unlock the value in| your |overseas property -nW >-■ f .«^^H^Hn9r Current historicaly low interest rates have created a unique scenario. Some lending rales are at 45year lows and yet residential property values in jurisdctions such as the UK, Australia, New Zealand, Canada and USA, have grown, in many This
      274 words

  • NEXT page
    • ON THE grapevine
      • 94 2 REPRESSED ideas are like bottled water, according to the people at the Feedback Unit who surveyed small and medium sized enterprises (SMEs) on the impact of the Economic Review Committee's recommendations. At a recant media briefing, small bottles of mineral water labelled "Don't bottle up
        94 words
      • 79 2 WITH hotels in the downtown area back in form because of bookings from convention participants and the upcoming sound of company dinner-and-dance functions, initial public offering candidates are finding it hard to find a function room for their events. To give an idea of what has
        79 words
      • 67 2 REED Exhibitions Singapore president Ed Ng, whose company is organising the coming International Design Forum, told this story to explain how design helps people: James fell in love with Betty, so he asked a goldsmith for a ring with the inscription, "From James, to Betty". The goldsmith
        67 words
    • 412 2  -  Republic's success due to government's past investment in telecoms and HR, says UN report From Ravi Kanth in Geneva SINGAPORE is ranked as the top Asian country in global e-goverament readiness and continues to surge ahead in spreading Webbased public services, according to a
      412 words
    • 578 2  -  Survey indicates tax, utilities, rent cuts matter more By Daniel Buenas [SINGAPORE] Businesses here feel that the recent cuts in employer's CPF contribution are not adding significantly to their bottom line. Instead, they see cuts in GST, corporate tax, utilities and rental
      578 words
    • 477 2  -  A source says he plans to build global network of banks From Eddie Toh in Wnntn I.nvnmir INTERNATIONAL Commercial Bank Group (ICB), which has partnered Temasek Holdings to bid for an Indonesian bank, has been keeping as low a profile as
      FILE PHOTO  -  477 words
  • Page 2 Advertisements
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    • 171 2 I jj^EmflKftOKTimimniinoH I CMKTBIT; KEVIN WHEATLAND 1 Managing Partner of Service Pulse International, Sweden Tht fint Euvftu witur tf du frtsbfuv AFSMI Gtrnft 0 fkrmtt Awtri fm MtOudug r—Vtklwc H it urnctt iahstrj I2MJ) 21sfwwiiii 2003 MWtoylw Pat Vki'Shapiro *8.80»-5Jlpi*S$4S0iett Introduction Initial Customer Orientation Concepts And Their Implication Definitions Background
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    • 212 4 i at —|»i Aim City PmMgioui locations for your i i regtstsroo matsng sootbss. We answer your phono (dedicated no.) in your company nam* wflh instant cafl connection to your g hmdphont or honw ofßcs. Virtual office, workstations, MnWad officM, mooting rooms, I private business lounge and Ml I secretarial
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  • SINGAPORE companies
    • 629 4  -  HOCK lock siew wong wei kong SO was it much ado over nothing? While the Securities Investors Association of Singapore (Sias) may not have got all the answers it was seeking regarding events during the Nat Steel takeover, one thing is certain:
      629 words
    • 986 4  -  See Hup Senglinked stock has plunged by a third since its 20-cent peak last Thursday By Serena Ng AS See Hup Seng's shares remained suspended for a fourth day yesterday, shares of another listed group, PDC Corp which has the same
      986 words
    • 384 5  -  Building delay means office and mall hit market amid strong demand By Loh Hui Yin DELAYS to the US*35O-mil-lion Raffles City Shanghai, an office and shopping mall owned by a Singapore consortium, has turned out to be a blessing after all. Its completion
      384 words
    • 437 5  -  Profit dragged down by $1.8m net finance cost By Chen Huifen FINANCE cost resulting from a post-IPO capital restructuring continues to weigh on Singapore Post, with the company yesterday reporting a 9.5 per cent year-on-year fall in net profit for the second quarter ended Sept
      437 words
    • 468 5  -  Its Q3 earnings grew 15% to $23.6m driven by supply chain management arm By Beth Jinks SEMBCORP Logistics expects fullyear profit to surpass $90 million after its third-quarter net earnings rose 15 per cent to $23.6 million on a 9 per cent jump
      FILE PHOTO  -  468 words
    • 280 5  -  By Siow Li Sen HOTEL group Overseas Union Enterprise (OUE) yesterday reported a 30.4 per cent surge in profit to $10.5 million for the three months ended Sept 30, fuelled by post-Sars pent-up demand. OUE said revenue grew 8.3 per cent, but pent-up
      280 words
    • 337 7  -  Chairman says building remains one of pulp company's pillars By Andrea Tan UNITED Fiber System Limited which recently went into the forestry business in Indonesia has won its largest construction contract since Changing its name from Poh Lian Holdings over a
      337 words
    • COMPANY Briefs
      • 34 7 ifilTlTn fhrlunn FIT n'Tni riTTrimmrril flint If tinn obtained a court order to bold a meeting for the "purpose of proposing to its creditor* a scheme of arrangement" under the company's restructuring plan.
        34 words
      • 45 7 CHINA-BASED medical equipment maker Sunray Holding) makes its debut on the main board today alter Ita initial public offering of 75 mUlkm shares at tt cents apiece cloeed 15.9 times subscribed. The public tranche of about 7.7 million shares was subscribed 14&5 times.
        45 words
      • 65 7 SINGAPORE Petroleum Company Limited (SPC) said it has set up a new subsidiary. Singapore Petroleum (Thailand) Company Limited. SP lhailand was incorporated in Thailand with a paid-up capital of 3 million baht (SH3LQ80) aa a wholly owned subsidiary of Singapore Petroleum Venture Pte Ltd, which,
        65 words
      • 51 7 SE8DAQ-LISTEDBBR Holdings, which oftors structural engineering services, has proposed a private placement of up to 100 million new ordinary shares (par value of one cent) at tour oents a share. The proposed placement repteeents up to &fil per cent c€ the company's current issued share
        51 words
    • 258 7  -  By Kalpana Rashiwala CK Tang's board and chairman Tang Wee Sung said yesterday that his scheme to privatise the company at 42 cents a share announced last week will be proposed to minority shareholders. Yesterday's announcement to the
      258 words

  • Page 5 Advertisements
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  • EXECUTIVE money
    • 1247 6  -  US-based Living Benefits Financial Services tells Genevieve Cua that only institutions have the sophistication to cushion against any loss Genevieve Cua INVESTMENTS in life insurance policies given up by the elderly sometimes dubbed "death futures" are a sweet proposition for institutions. But they should not
      AP  -  1,247 words
    • 651 6 A NUMBER of US-based providers of life settlements, which have been investigated on charges of fraud or mis-selling in the US, are popping up in Singapore. Life settlements are essentially life insurance policies which have been sold by the original owners. The insured parties
      651 words
  • Page 6 Advertisements
    • 127 6 THE ORIGINAL POSTGRADUATE AND MBA FAIRS 2003 Ovei 50 universities from the UK. USA Austialia, Canada and Singapore MASTERS PHD DIPLOMA LAW NOVEMBER 8 9, 2003 Suntec Singapore international Convention Exhibition Centre, Concourse Level 3 Open 12 00 20.00 MEET REPRESENTATIVES FROM: UNIVERSITY OF CAMBRIDGE Postgraduate/Masters Level Management Programmes Offered
      127 words
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  • Page 7 Advertisements
    • 815 7 WORKING WITH 17 November 2003, Monday 1 The Ritz Carlton, Millenia Singapore How do you identify, assess and mitigate your Tlw nglrtiaMnn tee fm the riwimm eli ■■■■■■nsk in business? «eioc You can find out more about these and many m ?p »■■■> r $$295 other risk management issues in
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  • SINGAPORE markets
    • Article, Illustration
      626 8  -  Compiled by VEN SREENIVASAN sdf SINGAPORE Post's first half 2004 net profit of $47 A million (-11 per cent year-on-year) was largely in line with our expectations, coming in at 49 per cent of our foil-year FYO4 estimate of $87.7 million. IHO4 operating profit declined 4 per cent
      Source: Bloomberg  -  626 words
    • 388 8  -  CHART POINT LIM SAY BOON for OCBC Investment Research Pte Ltd BEWARE both the US and Singapore markets appear to be approaching near-term peaks. The Dow Jones has come within a few decent days' action of "10k resistance". And the Straits
      Source: Bloomberg  -  388 words
    • 604 8 Bloomberg [LONDON] THE yen rose against the dollar for the first day in five and gained versus the euro in London after a survey showed business confidence in Japan improved, boosting stocks and fuelling optimism that the country's economy is expanding. The Nikkei 225 Stock
      Bloomberg; REUTERS  -  604 words
    • 568 8  -  BT comment STOCKS Ven Sreenivasan THREE days of strong gains led by blue chips have helped the Straits Times Index regain all the ground it lost during the previous seven days of weakness and volatility. Buoyed by upbeat economic news and earnings optimism,
      568 words
    • TRADES TO WATCH
      • 108 8 THE controlling shareholder of Hong Kong-based toy maker Wah Shing International bought 1.35 million shares or a 0.5 per cent stake in the open market at 15 to 16 cents per share on Monday. South China Industries (BVI), in which Wah Shing directors Robert Ng,
        108 words
      • 96 8 UNITED Oversees Bank chairman and CEO Wee Cho Yaw bought 200,000 shares in the bank at $13.60 apiece on Monday, raising his deemed interest slightly to 13.34 per cent or 209.6 million shares. He also owns a direct stake of 1.04 per cent On
        96 words
      • 92 8  -  Compiled by SERENA NG US ftind manager Fidelity Investments has ceased to be a substantial shareholder of networking and communication infrastructure group Datacraft Asia, following the disposal of 22 million shares on Oct 30 at US$1.24 apiece. This sale of a 0.48 per cent
        92 words
    • Article, Illustration
      367 8 OTHER SINGAPORE INDICES Nov 4 VALUE CLOSE Iff -675.00 +3.00 WCd; -*****.00 ♦11.00 -*****.00 -68.00 485.15 +5.84 Mill Ml I Hi it 173.40 40.65 WpMwfh 1546.11 ->-23.79 ilhiMwlSfc* \j" 2 Qe MWTRppin 221.35 43.35 —WIM—i 221.90 +2.70 Chart SemiCond 26c 35.602,000 HorizonEduc 5c 34,442,000 KXD Digital 4.5c 29,638,000 EastemAsia. 27,749,000
      367 words

  • SINGAPORE news
    • 614 9  -  Viewing tower built by German engineering firm to be ready by Jan By Kalpana Rashiwala MELCHERS Project Management, the German engineering company spearheading the development of the $200 million Singapore Flyer giant ferris wheel, is leading the development of another observation towertype attraction
      614 words
    • 340 9  -  EYE on the economy unemployment By Chuang Peck Ming THE jump in unemployment amid signs of the economy bouncing back in the July-September period does not signal a jobless recovery, according to Citigroup in its latest report on Singapore. "The normal cyclical dynamics
      340 words
    • 192 9 PROPERTY group Ascendas has clinched a deal to develop a 10,000 sq metre project in the business and commercial area of the new Hangzhou Modern Tele-In-dustrial Park (MTiP). The group, which has built up a profile as a business space solutions provider, said yesterday
      192 words
    • 406 10  -  It plans to invest another $300m in Singapore over the next 5 years By Amit Roy Choudhury SEAGATE Technology, which plans to invest some $300 million in Singapore over the next five years, was yesterday granted International Headquarters (IHQ) status by the Economic Development Board.
      ZAOBAO  -  406 words
    • 244 10 EDB's $6m plan to push entrepreneurship will support research projects YET another government grant scheme has been created to push local entrepreneurship and innovation this time the $6 million Biomedical Sciences Proof-of-Concept scheme, or POC. "The POC scheme will help scientists at the local universities,
      244 words
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  • Page 10 Advertisements
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      650 words

  • Page 11 Advertisements
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      98 words
  • REGIONAL news
    • NOTE Book
      • 96 11 Reuters [BEIJING] China yesterday said it would ease restrictions on investing abroad, in a move that appeared to be aimed at relieving upward pressure on the yuan and deflecting persistent US calls for a revaluation. "On the capital account, we will allow more capital
        Reuters  -  96 words
      • 102 11 Bloomberg [HONG KONG] Goldman Sachs Group and Morgan Stanley are among 14 investment banks objecting to proposals by Hong Kong regulators to hold them responsible for incomplete or inaccurate disclosure about company's they help to list, the city's stock exchange on its website. The clients,
        Bloomberg  -  102 words
      • 64 11 Reuters [HONG KONG] The Hong Kong government should give incentives to attract companies to establish regional headquarters in Hong Kong, h survey yesterday showed. The survey of more than 270 executives conducted by accounting body CPA Australia showed 71 per cent supported the idea
        Reuters  -  64 words
      • 79 11 Reuters [HONG KONG] Hong Kong is considering allowing mainland Chinese visitors from Guangdong province to use yuan-denominated credit cards in the territory as part of a pilot scheme, the South China Morning Post reported yesterday. The move would be a step towards setting up
        Reuters  -  79 words
      • 132 11 AFP [WASHINGTON] India nudged out China and South Korea as the leading source of foreign students in the US over the past year, a new report said on Monday. The steep rises in foreign students coming to the US slowed to just one
        AFP  -  132 words
      • 89 11 Bloomberg [JAKARTA] PT Indah Kiat Pulp Paper, an Indonesian unit of Asia Pulp 8c Paper Co, said losses widened in the first nine months of this year as production costs rose. PT Pabrik Kertas Tjiwi Kimia, another unit, said losses narrowed. Indah Kiat had a
        Bloomberg  -  89 words
      • 59 11 Reuters [GUANGZHOU] Toyota Motor Co is likely to get approval soon from the Chinese government to set up a joint venture in Guangzhou that could eventually make up to 300,000 cars a year, Guangdong Governor Huang Huahua said yesterday. "I hear that it
        Reuters  -  59 words
    • 333 11 KUALA LUMPUR But GEO maintains works will finish on time as kinks are being ironed out Reuters MALAYSIA'S diversified Sime Darby Bhd confirmed yesterday that works on the US$2.4 billion Bakun dam was behind schedule. But Sime Group chief executive Mohamed Nik Yaacob told reporters
      Reuters; FILE PHOTO  -  333 words
    • 353 11 KUALA LUMPUR Sidelining of Indian film may impact diplomatic ties THE Malaysian Cabinet is expected to discuss in detail today the North-South dou-ble-tracking rail project, which many believe could affect business and diplomatic ties with India, the Malaysian Business Times reported. According to
      353 words
    • 219 11 KUALA LUMPUR Reuters AFTER a delay of more than a month, Telekom Malaysia Bhd will begin marketing next week the first RMI.S billion (Ss69o million) of a planned RM4 billion bond programme, sources said yesterday. State-controlled Telekom, which has a near monopoly over fixed-line
      Reuters  -  219 words
    • 467 13 SHANGHAI Mysterious tycoon leaves behind liabilities of more than US$100m Reuters ONE of China's most powerful businessmen and the chairman of a Shanghailisted company has gone missing, his company said yesterday, leaving behind liabilities of more than US$lOO million. The disappearance of 45-year-old
      Reuters  -  467 words
    • 661 13 It's not an easy job as many tycoons prefer to lie low, says the compiler of millionaires' list AP "W" "T" E got another one!' M A I Rupert Hoogewerf 1/1/ punches the air and W W slaps his mobile W phone shut. The former
      AP  -  661 words
    • 630 15  -  Big IPO oversubscription pouts to bullish sentiment about China-related shares, say analysts From Jeff Wagner in Hong Kong PICC Property Casualty shares are expected to rise very sharply on their debut tomorrow after a massively oversubscribed IPO that provided further evidence of
      630 words
    • 347 15 BANGKOK A FORMER employee of a subsidiary of Thailand's Shin Corp has emerged as an official "signatory director" in Air Asia Aviation Co, which will be offering low-cost flights between Thailand and Malaysia beginning next month, according to The Nation newspaper in Thailand.
      FILE PHOTO  -  347 words

  • EDITORIAL & opinion
    • 780 12  -  THE bottom line OPINION frank ching MORE than 30 years ago, when the US-China relationship was first forged, the rationale of the relationship rested on geopolitics. Trade was an afterthought, a not terribly significant adjunct In fact, when Richard Nixon first visited
      780 words
    • 88 12 'The enemy in Iraq believes America will run, that's why they're willing to kill innocent civilians, relief workers, coalition troops. America will never run.' -George W Bush the US president, one day after the deadliest attack against US forces since the fall of Baghdad. 'More and more
      88 words
    • 649 12 EDITORIAL WITH just four days to go before Japan's parliamentary elections, polls are indicating a strong showing by the incumbent LDP. This is even though public support for Liberal Democratic Party (LDP) president and Prime Minister Junichiro Koizumi appears to be waning. Nevertheless, some political
      649 words
    • 1519 12  -  The G-22 countries could transform the WTO into a forum for the politically energised South to launch attacks against the North and especially on the US From Leon Hadar in Washington THE current deadlock over the Doha global trade round and
      AFP  -  1,519 words
    • 595 12  -  COMMENTARY Washington seems to think that they can postpone the day of reckoning forever By Paul Krugman NYT ACADEMIC economists often cite Stein's Law, a principle enunciated by the late Herbert Stein, chairman of the Council of Economic Advisers during the Nixon administration. The law
      NYT  -  595 words

  • Page 13 Advertisements
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  • Page 14 Advertisements
    • 108 14 PMBBBBBWWWBBBWBjg Readership of English Newspapers .J v w w Paid Newspapers Free Sheets UOJOOO 456,000 9nnn 432,000 IB B B M B The Straits Times The New Paper Streats Today Source: Nielsen Media Index 2003 Base: 3,137,000Adu1ts aged 15+ *Compa^to2Qo2reader&p THE FACTS Paid Newspapers The Straits Times has the highest
      108 words

  • Page 15 Advertisements
    • 955 15 H GRP LIMITED ANNUALREPOOT 2003 NOTICE OF ANNUAL GENERAL MEETING NOTICE B HEREBY GIVEN THAT the Annua) General Meeting of GRP Limited wiH be held at Hotel Phoenix on Orchard 277 Orchard Road Singapore *****8 Basement Level on the 20* day of November 2003 at 2.30 p.m. for the following
      955 words
    • 1617 15 EI-NETS LTD OT o*l.».ll»« I r<4n l NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT an Annual General Meeting of et-Nets Ud (the "Company") will be held at 361 Übi Road 3. Armorcoat IntemationaJ Building, 1 si Floor. S*ig*x>re *****4 on 28 November 2003 at 8:45 a m.
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  • WORLD news
    • 477 16 LONDON Appointment marks turnaround for rebellions scion of News Corp boss AFP. Reuters, NYT JAMES Murdoch's appointment as chief executive of British satellite TV group BSkyß cements a remarkable turnaround for the 30-year-old, who has gone from bleached-haired rebel of his father's
      AFP.; Reuters,; NYT; AFP PILE PHOTO  -  477 words
    • 254 16 Bloomberg THE biggest US pension fund voted against a Microsoft Corp proposal that would let the company pay workers with stock instead of options. The California Public Employees' Retirement System (Calpers) also opposed the makeup of the board's audit committee. It withheld votes for
      Bloomberg  -  254 words
    • 337 17 NEW YORK He earned 5 times amount paid to his boss in past 6 years Bloomberg LAWRENCE Lasser, Putnam Investments' former CEO, may be owed more than US$3l.7 million after his ouster amid fraud charges against the company he ran for 18 years. Mr
      Bloomberg; BLOOMBERG  -  337 words
    • 506 17 It wants US funds to return illegal profits; changes to protect investors Reuters AFP PAINTING a picture of widespread trading abuses in the US$7 trillion mutual fund industry, US regulators on Monday threatened to slap funds with stiff penalties. New York Attorney General
      Reuters; AFP  -  506 words
    • 100 17 BOSTON Reuters AS the investigation of improper mutual fund trading gathers steam, prosecutors and regulators are turning their attention to the insurance sector and asking companies to explain their internal controls. The SEC on Monday said it sent letters to insurance companies last week to
      Reuters  -  100 words
    • 440 20 NEW YORK Move is seen as a setback for Intel and will make IBM leading chip maker in game business NYT MICROSOFT said on Monday it had licensed IBM microchip technology for use in its Xbox game consoles, a step that
      NYT; REUTERS  -  440 words
    • 424 19 ATLANTA Business Week: a third of S&P500 companies have ties to founding families ABOUT a third of the nation's 500 biggest companies still have ties to founding families, usually descendants serving as directors or senior managers, Business Week reports in its current
      424 words
    • 332 19 NEW YORK Bloomberg THE bonus drought on Wall Street is over. Merrill Lynch Co, JP Morgan Chase Co and other international securities firms will increase bonuses this year after two years of cutting them, executives at those and other
      Bloomberg  -  332 words
    • 266 19 NEW YORK Financing, staff most be separate from business side Bloomberg US SECURITIES and Exchange Commission chairman William Donaldson said the regulatory function of the New York Stock Exchange should be "isolated" from its business side and should report to an independent
      Bloomberg  -  266 words
    • WORLD Watch
      • 110 19 Reuters [NEW YORK]The American Stock Rxrhangp (Aroex) is looking for a merger partner, The New York Times reported yesterday, even after Amex's parent, the National Association of Securities Dealers (NASD), announced on Monday that it is giving the exchange back to its members. The exchange probably
        Reuters  -  110 words
      • 95 19 Reuters [NEW YORK] A federal judge on Monday dismissed two lawsuits charging 10 top investment banks with violating antitrust laws when they underwrote initial public offerings of hot technology stocks. The plaintiffs contended that the banks either demanded kickbacks, or required that investors buy
        Reuters  -  95 words
  • Article, Illustration
    1046 16 Transaction date: Nov 4 BTMIHCMttMWi 6* C$ —fc Un» m Mt Hpl* W Ml OS rn* Hm S> »M Vt m NM u$$ tartraMa. 0.134 1791 0.609 5520 ***** 99.481 1770 1271 2.652 IMS ***** ***** 126 4.(33 0.951 23.74) 27J55 0.417 0191 CM* 1070 1190 1652 5501 33J63
    1,046 words
  • 1393 16 SXCOMFUTURES Not-4 MB I Bill T*mm (flwfcq pi 11) BS1(ScMbAD Oom VoNmm Opm MMtt Uv S«B (toMMs) lint Oac 03 257JO Jm04 235.25 FA04 ***** iter 04 255.75 ■SSIflBcafcte VoiMM Opt* HmMO Mfb Lav Sott (town) Marwt 0* 03 140.00 147.00 147J0 000 4950 Jw 04 149.50 ***** *****
    1,393 words

  • 12 17 UNIT TRUSTS FUNDS <w*;fbJnsitaMfe/»oa!r* V 3 !!li Tim iiTtfl I jjiifc src**
    12 words
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    • 59 17 j SDMI Diners Club Credit Card 6416 0980 Where to wine, dine and entertain... ADV Km Boat Chinese CaMae (*****054)~. Enjoy 10% I enjoy a wide variety of authentic Chinese dishes with my Diners Club Card fo| Discount is valid on ala carte menu only. General TAC apply. J J
      59 words
    • 70 17 /Special Lunch Menu y-* $5.80 Nett Per Item With FREE Choice orf One CoWee/Tea/Sofl Drinks or Chin Chow Oyako Don (Chicken Egg with Rice) Penang Fried Kway Teow Slice Fish Hor Fun Hainanese Mutton Stew Sautled Chicken with Chinese Sausage It's Ifgfer Time All Day Mng#s4.oo Mtt each Jug«siS.OO nett
      70 words
    • 45 17 ranq mahal haul. Indian cuisin. Buffet Lunch Noon to 2.30pm (Closed for lunch on Saturdays) Dinner 6.30pm to 10.30pm Make your reservations with us at 1M (65) 6333-17 M Ftau (65) 6333-1660 L»»W 3 TH» Pm Hc«r 'Pji»n 7 MUm »oi«r»«K mrim Sqmr» Irpwmn OWWS
      45 words
    • 164 17 I I KBV 'o'® 'ii'Daß EflAßKa'iF ®F 2@® MQIkIkQQCQ I CALLING ALL BUSINESSMEN MAXIMISE YOUR SALES BY GOING REGIONAL ADVERTISE IN THE OFFICIAL TELEPHONE DIBESIQBIM OF JAKARTA, BATAM, SURABAYA, MEDAN AND OTHERS... far enquiries CALL NOW! I TELi 6743 8933 SMGAPORE EXCLUSIVE SALES AGENT m A MEMANUSA (S) PTE. LTD.
      164 words
    • 36 17 n MERITUS MANDARIN SINGAPORE l~| -tofas*-' Üb*'* WINTER NUTRITIOUS BANQUET 1 Nov-31 Dec 2003 Reservations; Mmlll 6831 6262/66 CHINESE HSTAURANT MERITIS MANDARIN MUI 333 Orchard Road. Singapore *****7. let: «-65 6737 4411. Fax: >65 6732 2361.
      36 words

  • 6 18 Transaction date: Nov 4
    6 words
  • 5 18 Transaction date: Nov 4
    5 words
  • 724 18 I i Transaction date: Nov 4 MmiJOC 040 1.110 MdMJk 037 2.1S0 **90 cSE &77 U» «€M0 OCK Ml UJDO *4*0 iJ» 1.700 out ojo 7*09 OMSMKMMC U2 1*00 *0u030 om IjOOO *9*9 OtyOavSOc 2.14 UN 0200 NaiMtadHakUl 1390 ComtorttWaoJk 1.12 0.7H «A09S SGX K 1J» 1.708 OmHWTBc 0J1
    724 words
  • 549 18 BONDS WARRANTS M M Omm fear Mk Imt-% to* C.mm, Me rtm Ma N I* 3tM AST1WD***** 10 OS 1463 1 H -J 15i 7 307 AaniUdWMim 1 1 SO 1030 12 3602 Amnfc W*****0 1» 2 20 1 33 1 1.25 19 3603 Armstrong <MM0520 7 und) 395 1
    549 words
  • Page 18 Advertisements

  • Page 19 Advertisements
    • 1259 19 cafl tall-free 1800 289 9*22/E—11: iotkcs»»ph.com.»g ftSPUVDEX SPINDEX INDUSTRIES LIMITED Incorporated in the Republic of Singapore NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Sixteenth Annual General Meeting of the Company will be held at 6 Neythal Road, Singapore *****3 on Thursday, the 20th day of November
      1,259 words
    • 455 19 IN THE MATTER OF THE COMPANIES ACT. CAP. 80 AND IN THE MATTER Of TANQERINE.COM INVESTMENTS PTE LTD NOTICE Of RESOLUTIONS FOR MEMBERS' VOLUNTARY WINDING-UP (PURSUANT TO SECTION 290) At an Extraordinary General Meeting of the members of TANQERINE.COM INVESTMENTS PTE LTD duly convened and held on Saturday, 1 November
      455 words
    • 836 19 JL COSCO INVESTMENT (SINGAPORE) LIMITED (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company will be held at Suntec Singapore International Convention Exhibition Centre, 1 Raffles Boulevard, Suntec City, Meeting Room 302 (Level 3), Singapore *****3
      836 words
    • 812 19 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF RMC TECHNICAL SALES A SERVICES 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, tha Final Mealing of the abovenamed
      812 words

  • 13 20 Transaction date: Nov 4 for live prices, log on to uwwxisiaonernarketsxxm
    13 words
  • 77 20 B4k M UM M Da* UMOaott MM* Db bfM M r U» to* T.wpw; Id* W- flW MN» I— »TW Ww CV Ht >31 *00 M toe Damon* US2060 2,jo 3750 V40 (095 SOJUSTach IA374C 390 <0)7 ISMSdSpor* US55S 315 H i M S 6101 fS S4P500 U5M.S
    77 words
  • 1859 20 g* w last M tay in— «l«» Ot» CrTM Net Km Saie W- rwi> Id 11 M» cw m >3 X 75 5000 AMHUgtSc 20 -0.5 236 20.5 20 20 205 u 42 12-5 2101 AFCMSc 33.5 -1 790 35 33.5 335 34 21 N24 3.1 14.7 353
    1,859 words
  • 331 20 SUM M IM M Day UMQMto CfOhr Mr *tM MM K> NWi I— <X» Ciw>»«) W- fW| 1801 I— *nm Utm Cm HI IK 91 6000 AVJcmngi A25( A1«1 <3 1C2 183 IK W 1S3 40 8J 5.5 6.9 389i 6001 C4*hayPac20c HK720 265 H M 6 24»J
    331 words
  • Page 20 Miscellaneous
    • 285 20 CBYPTIC CROSSWORD 10 Numbers found in steering HI "MB" bßi ~"hJ 11 Resources placed on board PM J j I I I 13 Poor editing over news lead16 Nation's expert on resistance |H 18 Estate making good sand- wiches (7) I I I I I I I I I i
      285 words

  • BT motoring
    • 499 21  -  It will not ramp up production despite plans to enter the booming Chinese market officially next year, Samuel Ee discovers Samuel Ee Ferrari win not ramp up production of its sleek sports cars despite plans to enter the booming China market officially in 2004. Instead, the
      CHRIS LOH  -  499 words
    • 494 21  -  By Samuel Ee FERRARI spends 30 per cent of its annual 1.2 billion euro (552.4 billion) turnover on research and development and this huge investment has made it possible to incorporate revolutionary technology in its upcoming coupe model, the 612 Scaglietti. The 612
      494 words
  • Page 21 Advertisements

  • THE WORLD OF private banking
    • 1389 22  -  The private banking business in Asia has been growing rapidly, but VIKRAM KHANNA looks at the challenges ahead VIKRAM KHANNA NOT many activities in Singapore have thrived during the lowgrowth years since 2000, but one of them is private banking. Even during the worst of
      CHRIS LOH  -  1,389 words
    • 607 22  -  By Vikram Khanna WILL Singapore replace Switzerland as the world's top haven for private hanking? Not likely—not yet, anyway. But if s possible that in the coming years, a good chunk of the US$2.2 trillion of private money managed by banks in Switzerland (as at
      607 words
  • Page 22 Advertisements
    • 413 22 HHI«H Q: Is it true that Private Banking is changing? A Yes. Client needs are evolving as information becomes globally available. At some institutions. Private Banking still consists of a personal banker selling mutual funds. The Private Bankers at The Citigroup Private Bank act as global trusted advisors to many
      413 words
    • 1 22 Qturausr
      1 words

  • SHIPPING TIMES
    • 236 23 Reuters The Baltic Dry Index rose 8 points to 4558, the Baltic Capesize Index rose 4 points to 6669, the RahV Panamar fry! at fell 6 points to 4484 and the Baltic Handymax Index rose 75 points to *****. Gargantua (built 1963) *****5 dwt delivery Qingdao24/28 Nov trip
      Reuters  -  236 words
    • 221 23 s«x w fcrl S$ W- VI CM OfWwrt 037 -001 4MB OwanHup 351 uncti 1007 Cono kwMmnt 063 -04)1 9470 CMTDkMtfkm 390 -001 01 EireWdM 1X0 0.01 749 ftiStjnta 0.11 -OJOI 2751 GOAoUngi 0.70 uncti 17 jMHohanpi 0J6 -001 3SR ICIVMun 034 -OjOI MSO KaeoalCorD so* -on* m
      221 words
    • 507 23  -  Vessel's bridge is left unmanned for one hour near Singapore Straits By Donald Urquhart [SINGAPORE] An oil tanker nearing the busy Singapore Straits sailed unmanned for nearly an hour early on Sunday after armed pirates tied up the crew, heightening fears that unchecked
      507 words
    • 409 23  -  It christens its biggest container ship newbuild By Beth Jinks [SINGAPORE] SembCorp Marine's Jurong Shipyard christened its biggest ever container ship newbuild yesterday, the 2,500 TEU Thomas Mann, the first of six similar mid-sized liners on order which look set to carve a new Singapore
      BETH JINKS  -  409 words
    • 395 23 Reuters [GIBRALTAR] Spain reopened its border with the British colony of Gibraltar on Monday after sealing it for the first time in nearly two decades after a cruise ship carrying tourists with a stomach infection docked there. The border was reopened two
      Reuters  -  395 words
    • 90 23 AFP [TOKYO] One person was killed and four people injured by an explosion on a ship under construction in western Japan yesterday, police said. The blast occurred at 8:30 am on the 499-ton chemical tanker Enshu-maru, moored in the harbour of Nomi town, 700
      AFP  -  90 words
    • 752 24  -  STRAIT TALK By David Hughes IT is not much fun being a shipping industry representative these days. The industry is being bombarded by ill-thought-out legislation while the public perception of shipping, at least in the West where politicians are most prone to intervene, remains dire. Last
      AFP  -  752 words
    • 3 24
      3 words
    • 3 29 THEBUSINESSTIMES
      3 words
    • SHIPS IN PORT
      • 596 31 Vtwl Voy No Ifth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL E LINK 1 ELK107 J4 A/SIDE 05/11 1700 KOUROSV V026 J8 A/SIDE 05/11 1700 A KAMBING 1 JBN01 J2 05/11 1000 05/11 2000 ANGGADA 7 JBN01 J15 05/11 0915 05/11 1715 ARC TRADER *****4 J16/17 05/11 1500 06/11 2300
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      • 2 31
        2 words
      • 131 31 Not 38 Singapore: Hari Raya Puasa. Malaysia: Hari Raya Puasa. Dae S Thailand: King's Birthday. DM 10 Thailand: Constitution Day. Dw> 23 Japan: Emperor's Birthday. DM 38 Singapore: Christmas Day. Philippines: Christmas Day. Malaysia: Christmas Day. Korea: Christmas Day. Hongkong: Christmas Day. Australia: Christmas Day. Brazil: Christmas Day.
        131 words
      • 445 31 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 averagesized stem Market movements are indicated. The Cockett Bunker Price Index change and the individual
        445 words
      • 13 31 la- 1 w frwrfW* TBBC WNn Wlf UVU. rVVirWrflll.
        13 words
    • AIR & LAND transport
      • 575 32 Nonmetal composites to be used to build half of proposed 7E7 jet Reuters [SEATTLE] Boeing Co on Monday said it would use lightweight, nonmetal materials to build half of its proposed new 7E7 jetliner, slashing the use of aluminum to cut fuel
        Reuters; BLOOMBERG  -  575 words
      • 253 32 It is working on aircraft with 30,000 kmh engines AFP [MOSCOW] Russian technicians are working to design an aircraft fitted with rocket engines that will allow travel at speeds of up to 30,000 kilometres an hour within 10 to 15 years, a top Russian engineer said
        AFP  -  253 words
      • 59 32 AFP [TEL AVIV, Israel] A security man seen amid empty check-in counters atßenGurion International airport in bod on Monday. The main Israeli airport was shut down for four hours by striking working unions, as a planned general strike was aborted by an order of an Israeli court The
        AFP  -  59 words
      • 220 32 AP [BURBANK, California] Airport commissioners voted unanimously on Monday to rename the airfield here "Bob Hope Airport." The latest name change for Bur bank-Glendale-Pasa-dena Airport the fifth in its 73-year history could happen as early as Dec 17, pending approval by the
        AP  -  220 words
      • 393 32 Domestic passenger traffic about to outpace int'l traffic NYT [NEW YORK] In a striking illustration of the growing strength of low-fare carriers, domestic passenger traffic at Kennedy International Airport in New York, long considered the gateway to the world, is about to outpace
        NYT  -  393 words
      • 430 32 Carrier asking Embraer for slower delivery of 30 jets Bloomberg [ZURICH] Empresa Brasileira de Aeronautica SA, the world's fourth-largest aircraft maker, is negotiating a delay sought by Swiss International Air Lines Ltd, on delivery of up to 30 jets, the carrier's second bid this year
        Bloomberg  -  430 words
      • 228 32 AIRLMI COOCS AA Amman Ar*m(AALJ.Af Ar Al tolnda(MC) AY FnrnOrim AZ AmUArkmiAZA) BABrtottomrsPuUclMCe tmMa Mi OW/WV. K Bant 4Mm (BOU).tR EVAAmytCap»(FVAt CAArCMm (CCA). CK»—fc» i >»Mm»MM (OC& a OmtAttmLUlCALXCSmtaaamtH IK (AMI CVCnc*mA**mlMmimmSA<ajQ.(XCm* (CSM) X MMMtfMJ.« EmftMArflME) (GIA) Gf S*Ar (GFAI.HHArS»*a*IBMISTY) C *dmto*m(MC)X J*mtolAmCoLU(MJ tt KonmMrfKAQ, KUi
        228 words
  • Page 23 Advertisements
    • 54 23 Bilu -wSFffe?' v tr jdfi£f' k V <■> w 4^-&iXßKEf^^-jjg^^&jgafc U lAM /Q<- Al-i i 1 1 lam inieranoo in fmisv wc* dgkjwj I ExNbttng Conference Sponeorship I Attending Conference Visiting I Nm: I Job TMa I Company: I I *oores». I Nature ol Oalnw I Tel: Eil I Emel;
      54 words

  • Page 24 Advertisements
    • 806 24 I TP U&AtCANAM 1 I EXPOfIT I I OTHER DeSTINATiOW I 55 |¥0T IHB WIWIuM6IOI|BMUSIHOUSIOII|«iWH<SICWC*CO|tiWrOM li iI TO AUSTRALIA lAUITRAUA AMA PFBESjj 7 noßuofDsiurasMT ms m/ii 05/11 n/11 b/ii a/ii */ii w/11 a/ii Js* vcsa vot Trawl ns w Ml std m m NOOUmHOUIMM 1K44 11/11 11/11 I a/11 02/11
      806 words
    • 371 24 •Unw4«ryic*ir V w«todb)r Mtmban of fa fagidry of iSSSI JSjr S.nd°pc<» Uy»° SinggxwShippinoAMOdalicr gmr.--.MU /vissa VOY Ett EH IU P.IUM6 SfOK MMI Mold Star 543 A 06/11 10/11 19/11 Emprws L*y 0603 18/11 20/11 29/11 Mold Carrier 7 A3A 29/11 01/12 10/12 ~PHtK«M Lily 1103 08/12 10/12 19/12 hbhbh ULY
      371 words

  • Page 25 Advertisements
    • 1009 25 TonmoK reoMtußOPi «m Ivor m at mil mw mm w llm* iwr nnw nww sa iw STcmm iuwm/11 m/ii */ii */ii mmmga -jvww/wwji SSSSSST 8S58! Sfl! gSMS. H«<"»W^gßMfß mmm imw 11/11 oyii «vn«/n S2 mmtmnma 1!" 17/1 I S/11 Sfli mm M/ 11 Mnwawr oo«»/io a/io 31/1001/1117/11 TO AUSTRALIA 4
      1,009 words
    • 1527 25 MOIfTSLT CONTAMHttSIi KtVICB 90 mm none mm or min SSffli* "SK I SUVA/UUTOU(FUI) S^SUS I™*mm£S1™*mm£S jogg gag. I MTBIE (Wlll| ■MM amnaMi oomsom taunt I awMMwagpiswi— ifcw-mutt miuuum VSUVOT W 1 Ml LAI MO 111 HI (N TSI/VOT TTI MOM Ml UU XM SHI WS CM COSCO SHANGHAI /Dl*E Of/11
      1,527 words
    • 379 25 ntimbmvummoskk »7n M/iTTviTTCtIS7Ti jS/TT kmknsm 3its w/11 wii ivn it/ii a/112V11 »/ii Iff WOOES M4S u/11 W1 21/11 n/11 2VII WW H/11 MWMKtfQg 31SS Ml 11/11 M/ 11 2fcol B/11 Wll in moo i*is|n/ii|n/iilp/ii |>i«s |a/ii I wii I »y/ii I oynliViiloy/nl lyil] is —mrrrr M i« i aMiiaTcTirivEga w
      379 words

  • Page 26 Advertisements
    • 736 26 I K>V i%g| A INOUW^OOHm—I «MT7»44 HOb WWT4W illnlXllnrciwi m I Infl UCLIVIMw pocunm»Tiow/WMtnoNi mmir hou mm itt I aM>4WKBBPMB BBHICWMBWWIOmB/WBWBU fvissa voir" "5T lajmow uunm room worn mauw mttvm mm* iuu tow maw coram twrpouAu omw snirt—i 401? oyn n/11 h/ii 01/11 ay/ia Iwu Ixyn n/nl tvn «/n w/11
      736 words
    • 1435 26 WAN HAIMIBMAHONAL FTI UD aK* i4***aNo/l 1 VsgNwAN HAI LINES HSiSSSsSas. m\ v iinii uiihv nmoMMuniMSßftiMiiMittNiiiw V- n. w ?si»n mi amsiiwi u a.ui; mscs rul mqbwm/ b»i*s i--. ««fnaMM»aaiaNHMß*fiavnai ww».w—,iw.n MMiBH»«WaBPH)«MM/IMMI Iwr I wT* m M mi mi k on m no na nrs mo na hnnn if« */n
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  • Page 27 Advertisements
    • 671 27 remit vOT WMH HRS rn i m ipa 11*1 ipmm mk cam mo kl boob sic» siar o«/n o»/ii 13/11 i«/ii ao/ii S7ii ■am.»»« pa,. ioio nap nap 13/11 u/n m/ii bs/ii 01/13 03/12 KAN LOMSTAN KL Mil KP MOP 17/11 10/11 37/11 30/11 04/13 06/13 CAM WO Kl WIS
      671 words
    • 519 27 A RSI UK CONTINENT SERVICE Loadbiotor GOKCAN HTM/ATW/BMN/UK/NAN KALMA RTM/ATW/BMNAJK/NAN Urn* E7W. Ha. mdontai MIDDLE-EAST SERVICE Loacangfor OOfVAN STAR DBVABU/DOH/BRN/DMM/KWT J FRIEND DBt/ABU/DOH/BRN/DMM/KWT RAVENA DBI/ABU/OOH/BRN/OMM/KWT J SAFE AON/HDfVJDH Xoadß BIXWW. E7W. MonMi USA SERVICE Loadnotor SEABEE CAM/NFK/SAV/NOL toadi E/W. UdonwM F.E./S.E JL SERVICES B*por« LoaMnglor ORCHID MCVBSN QUANG A INOBSN
      519 words
    • 680 27 isa f$ —am. ie==sa==sa= Kffi I ==js==f%= B». -af B^-iSgh: mql 2szii zt/it mi —a ——§f- IEF^TinWIF r»r l!£i !S" "jjjjll ffl ijjj fell ■gas—3i—m—m- m= B 1 Bill 11 ■gfee— *JBL -ft* E m> —m —m —m- *as sn —«H—aTrT*'- l| y"r F I 111 fp^™ 1 m 1
      680 words

  • Page 28 Advertisements
    • 438 28 I neainoa mi oowii 14-15/11 2223/11 I I IKB SHAM ISM 1111/11 lt-20/11 2S-24/11 I I IKB SKY 133N 15-14/11 11-8/11 29-30/11 I I TlffllStt 134N IU9/11 IS-27/11 02-03/11 I IHMIM 434 05-04/11 12-14/11 221V11 I IIKBSfMG 497 0747/11 14-11/11 2S-2VII I Hj^^^^ii^^isivii^iMi/i^iMM^l Ipiiim m aswii 15-17/n STOW Ml 09-M1
      438 words
    • 719 28 FREIGHT LINKS EXPRESS PTfi»LTl>v 8 51 Penjuru Road, 3 Level, t _jj I Freight Links Express Logisticentre, Singapore *****3 If Tel: *****511 Fax: *****577 E-mail: f!esin@sinqnet.com.sq 1 LCL SERVICE TO JAPAN/INDONESIA/PHIUPPINES JHQn OSAKA KOBK CIBU JAKARTA 1 YOKOHAMA NAOOYA SURABAYA MANILA TOKYO SHANGHAI usd Booking 6267# 5565/4694/5535/5580/5541 /5 308/5569/5560/556 3/5
      719 words
    • 957 28 |/jgfe IPDZLWES j|f|=gg| Iwwtam mm w/ii hTtT men mT w/11 d/ii umi mm m/ii u/n mma mm is/11 n/n I I—iisi im u/ii u/ii www an is/ii n/n hwhi mm n/11 17/11 mmmmmm ms n/11 »/ii I |—*MttS Mtl U/ll 111/11 I— |IMI I U/ll I U/ll S.HWUMM M4l| 11/11
      957 words



  • Page 31 Miscellaneous
    • 134 31 ES^SSEEsESESSSssSsS333SSSS& 2 vj@ Ht v Vt 1 J *jr 'yr ''%H87 —iI&HhBHPf c/ Jjsb2B y^T^ y 'WcthK. —3ML T l s Issued by Meteorological Service Division,NEA LEGEND: Thunderstorm Wind speed symbols Showers O Full circle w/o line indicates calm or light and variable winds pain One half fleche represents 5
      134 words

  • Page 32 Advertisements
    • 161 32 Cafl toll-free 1800 289 We are a Theme Show organiser based in I Singapore. We would like to invite established H H logistics companies and ship owners to submit I their best quotes for the following shows: H I Theme Show A Shipping of approximately I 130 units of 20ft
      161 words