The Business Times, 16 April 2004

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Total Pages: 32
1 32 The Business Times
  • 20 1 MITA (P) 023/03/2004 THE BUSINESS TIMES SINGAPORE j inic rr >pt- h i ip:// .usiness-times.asia1 .com.sg FRIDAY. APRIL 16, 2004
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  • 555 1  -  Cost-catting in S'pore, strong euro help to lift earnings on 15% higher revenue of $3.4b By Beth Jinks [SINGAPORE] PSA Corp yesterday reported a 22 per cent hike in group net earnings to $682.7 million, buoyed by cost cuts in Singapore
    FILE PHOTO  -  555 words
  • 607 1  -  BT exclusive NTUC Income, AIG and AXA have 63% share of the market By Samuel Ee [SINGAPORE] Singapore motorists appear to be increasingly gravitating towards the top three insurers in recent years as smaller underwriters continue to lose market share. Last year, the
    Compiled by BT  -  607 words
  • 762 1  -  Minimnm income rule waived if cards secured against $10,000 deposit By Joyce Kob [SINGAPORE] In a move that could open doors for banks to hundreds of thousands of untapped customers, the Monetary Authority of Singapore (MAS) yesterday announced it will change its banking rules with
    762 words
  • 73 1 STI 1,844.38 (-25.29) ST INDEX FUTURES 1,844.00 (-29.00) SIMSCI 223.59 (-2.86) SIMSCI FUTURES 223.30 (-3.10) Thursday Change KLSE COMP 861.19 -5.10 NIKKEI 225 11,800.40 -297.78 HANG SENG 190.60 SET INDEX .('kised JAKARTA COMP __.772.99 5.00 MANILA COMP _1,483JO -0.23 TAIPEI WPI 6,7:16.79 143.:t9 SEOCLCOMP Closed SHENZHEN B .299.62 3.89
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  • 79 1 FOREX RATES US$ 8$ 1'SS |SS [MT I'SS) 1680 £(IIS$/S$ per X) 1.797 3018 EURO(i:SS/S$/E) .1.197 1011 YEN 108.5 64.60 KM 3.800... 2.262 HK$ 7.798 4.642 BAHT 3964 23.59 Kl'PIAH 8,628 5,135 RENMINBI 8.299 4.940 INDIAN RUPEE 4389 26.12 A$ 1.353 0.806 N'ZS 1.572 0.936 PRIME RATES SINGAPORE 5£
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  • NEXT page
    • 522 2  -  It's first among 4 S'pore-based low-cost carriers to get air operator's certificate By Ven Sreenivasan [SINGAPORE] Valuair has become the first of four Sin-gapore-based low-cost carriers (LCC) to get the nod from the authorities to start commercial services out of Singapore. The
      FILE PHOTO  -  522 words
    • 403 2  -  It will invest in local currency Asian bonds By Teh Shi Ning [SINGAPORE] Investors will have new avenues to invest in Asian local currency bonds with the launch of the second phase of the Asian Bond Fund initiative (ABF2). ABF2, which
      403 words
    • 547 2  -  Quality human resources, fine infrastructure give S'pore an edge: UN official From Ravi Kanth in (renew SINGAPORE'S future lies largely in becoming the base for "high value-added services" in software development and R&D spin-off activities for multinational corporations, says a United Nations official.
      547 words
    • ON THE grapevine
      • 133 2 TED Turner says he was fired from the No 2 job at AOL Time Warner because he believed in people a little too much. "I put too much faith in human nature," he told the Hollywood Radio Television Society last week. Mr Turner became vice-chairman
        133 words
      • 94 2 THE fallout from Janet Jackson's breast-baring fiasco on American national television in February has claimed another victim Victoria's Secret. The US lingerie retailer has scrapped its annual televised fashion show featuring scantily clad supermodels. For the last two years, the lingerie show has been shown
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  • Page 2 Advertisements
    • 213 2 FibreChem Technologies Limited FIBRECHEM TECHNOLOGIES LIMITED (Incorporated in Bermuda on 12 September 2003) INITIAL PUBLIC OFFERING Invitation in respect of 120,000,000 ordinary shares of HK$O.Ol each comprising 80,000,000 New Shares and 40,000,000 Vendor Shares as follows: (1) 12,000,000 Offer Shares at 550.365 each by way of public offer; and (2)
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  • SINGAPORE companies
    • 689 3  -  But it keeps mom even as analysts downgrade the stock to 'sell' By Kenneth Lin A DAY after it dropped a profit-warning bombshell, Informatics Holdings yesterday had to contend with analysts' downgrades and fend off a barrage of questions from a shocked public. But the
      FILE PHOTO  -  689 words
    • 265 3 2nd month of gains in March as travel and economy recover Bloomberg SINGAPORE Airlines Ltd, the world's sec-ond-largest carrier by market value, said it filled more space on its planes in March, a second month of gains as travel and the economy recovered from
      Bloomberg  -  265 words
    • 692 3  -  HOCK lock siew teh hooiling BRAND name and management credibility are two of the most difficult things to fix in a company. Informatics once a market darling now faces the arduous task of regaining the confidence of investors, analysts, current and future franchisees and students.
      692 words
    • 677 4  -  It posts $41m net profit, beating IPO forecast by 9% By Kalpana Rashiwala ASCENDAS Real Estate Investment Trust (A-Reit), which owns light industrial, hi-tech, Science Park and logistics properties, hopes to double the size of its property portfolio to $2 billion over the next
      ARTHUR LEE  -  677 words
    • 228 4 THE Singapore stock market's current weakness has uncovered value again in several plastic injection moulding companies that are poised to chalk up record earnings this year, according to GK Goh analysts. In a 24-page report on the sector, they say the recent sell-down has
      228 words
    • 418 4  -  Jump follows China strategy unveiled just a day earlier By Loh Hni Yin PANPAC Media's share price exploded yesterday to close at 17.5 cents for a massive 52.2 per cent or sixcent gain after its new shareholders announced a Greater China strategy. The surge
      Source: Bloomberg  -  418 words
    • 482 4  -  It cites tighter risk management systems in place By Joyce Koh EVEN as banks here turn their attention away from the saturated local market, these companies could face higher risks in their overseas expansion, said Fitch Ratings yesterday. Indeed, while local banks
      482 words
    • 322 5  -  Cross-trading and cross-listing could entice investors, says Hng Kiang By Wong Wei Kong LINKS between regional stock exchanges will work well only if Asian investors are encouraged to invest beyond their home markets, Second Minister for Finance and deputy chairman of the Monetary
      322 words
    • 399 5  -  It expects China revenue to increase by up to US$80m By Serena Ng REGIONAL IT products distributor ECS Holdings has clinched a major deal with Toshiba to distribute the Japanese giant's latest range of notebook computers in China. Homegrown ECS yesterday said the
      399 words
    • 253 5 SNP Corporation Ltd, a member of the Singapore Technologies (ST) group, said it lost $1.8 million for the first quarter of 2004, due mainly to a one-time loss of $1.75 million from the sale of its Malaysian-based printing subsidiary. The listed publishing and
      253 words
    • 223 5 DIVERSIFIED engineering group Boustead has clinched four contracts worth a total of $10 million from customers in the oil and gas and petrochemical industries. The deals won by the group's United Kingdombased subsidiary Boustead International Heaters are with companies in Cyprus, the
      223 words
    • COMPANYBriefs
      • 42 5 CAPITALAND Limited yesterday unveiled its indirect wholly owned subsidiary CapitaRetail Japan Fund Private Limited, which is an investment holding company. CRJFPL is an indirect wholly owned subsidiary of CapitaLand Financial Limited, itself a wholly owned subsidiary of CapitaLand.
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      • 76 5 THE board of three companies linked to the late Khoo Teck Puat yesterday said they are cooperating with the Commercial Affairs Department in its investigations and is providing all the available and required information. The companies Goodwood Park Hotel, Central Properties and Hotel Malaysia were
        76 words
      • 67 5 NERA Telecommunications Ltd said its wholly owned subsidiary, Nera Infocom (M) Sdn Bhd, has received a purchase order from a financial institution in Malaysia to supply and install point-of-sale terminals. The order is worth about RM9.8 million (S$4.3 million). Nera said the purchase is not
        67 words
      • 93 5 ZAGRO Asia Limited said Poh Beng Swee, a substantial shareholder and chief executive and chairman of the company, has exercised his call option agreement to acquire from Intermilling Holdings Limited, another substantial shareholder of the company, 2.5 million shares of $0.05 each at $0.20 per
        93 words
      • 111 5 EXPLAINING the differences between its audited and unaudited pro-forma financial results announced on Feb 27, Innopac said its other operating costs rose from $4.33 million to $4.52 million because of late accrual of professional fee and the reclassification of foreign exchange translation from currency translation reserve
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      • 82 5 OUR April 9 report, "F&N sells Coke Amatil stake in non-core divestment", said that the sale would translate into an exceptional gain of $27.4 million and that "F&N expects this gain to boost earnings per share by 6.3 cents from $1.259 to $1.322 for the financial year ending Sept
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  • SINGAPORE markets
    • Article, Illustration
      557 6  -  Compiled by VEN SREENIVASAN HTL Intl Holdings April 15 dosing: $1.35 HTL INTERNATIONAL is an integrated leather tanner/leather upholstery sofa manufacturer with production facilities spread across Singapore, Malaysia and China. The company currently exports to some 26 countries, with top customers being well-known names like Ethan Allen, Otsuka
      Source: Bloomberg  -  557 words
    • 281 6  -  HOT STOCK WARRANT By Ven Sreenivasan WITH market valuations becoming more demanding and stock prices increasingly volatile, investors have to be more savvy. And one of the key determinants of a good buy is a company's earnings outlook. This will show whether
      Source: Bloomberg  -  281 words
    • 611 6  -  BT comment YOUR MONEY r. sivanithy ALTHOUGH the stock market usually thrives on complexity, it sometimes finds virtue in simplicity, and the simpler things are. the better. For example, if profits are up, then stock prices should go up and if profits
      611 words
    • 532 6 Dealers take profit as strong recent US economic data raises risk Fed will up rates AFP [TOKYO] The US dollar was easier against the yen in Asian trade yesterday, hit by profit-taking after the US currency rose sharply as strong consumer price data added to
      AFP  -  532 words
    • TRADES TO WATCH
      • 118 6 US mutual fund group The Capital Group Companies said yesterday it raised its deemed shareholding in electronics group Venture Corp to just over 10 per cent from 9.2 per cent, after buying 2.1 million shares between June 2 last year and April 7
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      • 57 6 THE group managing director of QAF Ltd, Tan Kong King, converted 300,000 options into shares at 43 cents each on April 14. The move raised his direct stake in the investment holding company to 700,000 shares, or a 0.2 per cent stake. QAF rose half a
        57 words
      • 67 6 THE deputy executive chairman of Flextech Holdings, Joseph Au, bought 200,000 shares of the electronics group in the open market at 49.5 cents apiece on April 14. The purchase of the 0.11 per cent stake raised his direct holding to 0.15 per cent. He also
        67 words
      • 53 6 GERMAN bank Commerzbank has pared its deemed shareholding in Tiong Woon Corporation Holding to 8.15 per cent from 10.12 per cent, following open market sales of 4.44 million shares on April 14. Shares of the infrastructure services group gained half a cent yesterday to close
        53 words
      • 42 6 AN independent director of Neptune Orient Lines, Lock Sai Hung, converted 30,000 options into shares at $1 apiece on April 14. Previously, he did not hold any shares in NOL, which ended six cents lower yesterday at $2.09.
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      • 53 6  -  Compiled by SERENA NG ATLANTIS Investment Management raised its deemed interest in Magnecomp International to 7.88 per cent from 6.84 per cent, after two of its funds bought 2.5 million shares from the open market on April 8. Magnecomp closed half a cent higher at
        53 words
    • Article, Illustration
      426 6 OTHER SINGAPORE INDICES Apr 15 VALUE CLOSE BT OB/OS ___236.00 -2.00 BTCADI -*****.00 -55.00 BT 10-day MA -*****.00 +24.00 AJI-SG Equities 500.51 -4.16 SG Equities Elect 178.88 -4.02 SG Equities Fin 1490.11 -21.57 SG Equities Prop 449.73 4.89 SJMSC1 223.59 -2.86 SiMSCI Futures 223.30 3.10 Stocks Volume PanpacMedia Grp 5c
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  • PERSONAL finance
    • 1376 7  -  The heavy cloud of deflation may be fading away but investors need to be prepared if they are to gain from the change, says LIM SAY BOON LIM SAY BOON INVESTORS, having been beaten up for years by deflation, may now have to review
      Source: OCBC Investment Research  -  1,376 words
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  • Page 8 Advertisements
    • 289 8 "Distributions and contract manufacturing J| —j- Industries alike, COB Technology faces toughglobalizatlonchallengesahead.lt I-RiL "'t il reauires strategic partnership for Indigenous I' Singapore based companies, to strive and jnTf^ I 6 j excel in this new age environment. As a I 1 i Ml Technology, we are proud to be standing
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    • 393 8 EPCOS the global player in passive electronic components Active in Passives E Congratulations to BBS Electronics Pte Ltd, our distributor. We at EPCOS are proud of your achievement of ISO 9001:2000 certification. Your continuous strive towards improvement and ISO accreditation has made you our valued business partner. EPCOS PTE LTD
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  • Page 9 Advertisements
    • 953 9 4Cbbs% 8.8.5. Electronics m M m m Mm m m m 1m AmsStw^ \a/C S lv g^BB2 1984 1996 1999 2003 BBSE achieves ISO 9001:2000 "It is beyond rhetoric, beyond public relations. The ISO certification is a HKSSB °f the BBS Group, our heartiest testament to our commitment to people
      953 words

  • SINGAPORE news
    • 579 10  -  Liberalisation already under way with some proposals implemented By Chuang Peck Ming EVEN before the government formally replied to the Remaking Singapore Committee, it moved to implement many of the committee's proposals. Among them: removing female quota for medical students; harmonising citizenship privileges;
      579 words
    • 307 10  -  California company formed to promote two innovations By Uma Shankari NANYANG Technological University's (NTU) School of Materials Engineering has come up with two innovations that could revolutionise biomedical treatment. The first is a frictionless micro-pump for biomedical applications, while the second is a drug-eluting biodegradable
      307 words
    • 309 10  -  By Vince Chong OFFICE space occupancy edged up in the first quarter to 86.5 per cent, making it an uptick for the third quarter running, and underlining an incipient recovery. This has been reinforced by this year's business-friendly Budget, noted property firm DTZ Debenham
      309 words
    • 232 10  -  By Uma Shankari WELL-KNOWN tourism figure Pamelia Lee is retiring as STB Consultancy's senior director after 13 years. She will still play a key role in the industry, however, by working with Sentosa Development Corp to develop the Southern Islands. In addition, she will continue
      232 words
    • 260 10  -  EYE ON THE ECONOMY By Teh Shi Ning OVERALL retail sales rose 22.9 per cent in February from January, according to seasonally adjusted data released yesterday by the Department of Statistics. Boosted largely by sales of motor vehicles and furniture and household equipment,
      260 words
    • 436 11 KUALA LUMPUR Soaring steel costs mean more expensive building materials Bloomberg ASIA Pacific Land Bhd and rival Malaysian property developers plan to raise home prices by as much as 3 per cent to counter the higher cost of building materials after the government yesterday
      Bloomberg  -  436 words
    • 578 11 BASEL, Switzerland After Sars last year, a flood of Asian buyers and sellers this time AFP HONG Kong was back in business at a major watch and jewellery fair that opened here yesterday after the world's Number Two watch exporter was barred last
      AFP; AP  -  578 words
    • 172 11 JAKARTA CONSTRUCTION work began yesterday in the Indonesian capital Jakarta on what is billed as the world's tallest tower. Jakarta governor Sutiyoso oversaw the start of work on the Jakarta Tower in the Kemayoran district on the site of the city's former airport.
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    • NOTEBook
      • 74 11 AP [BANGKOK] Thailand's first subway system suspended a trial run yesterday after a braking problem on a coach produced a burning smell, panicking more than 200 people on board, officials said. A malfunction in the pressure system caused the brake to press against the wheels,
        AP  -  74 words
      • 75 11 AP [SHANGHAI] Suffering from a lack of riders, Shanghai's levitating airport train yesterday slashed ticket prices by one-third. One-way tickets on the world's only commercial magnetic-levitation train have dropped to 50 yuan (S$10) from 75 yuan, said Shi Jianqing, spokesman for the Shanghai Maglev Transport
        AP  -  75 words
      • 85 11 [BANGKOK] The government plans to turn Thailand into a hub for pre-clinical drug tests and stemcell research and development, The Nation reported yesterday. The plan will be implemented by the Thailand Centre of Excellency in Life Science (TCels), Natural Resources and Environment Minister Suwit Khunkitti said.
        85 words
      • 75 11 AFP [JAKARTA] Indonesia has set up a "one-roof' service in an attempt to streamline approvals for flagging foreign investment, it was announced yesterday. President Megawati Sukarnoputri signed a decree this week centralising the issue of permits for both foreign and domestic investment under the
        AFP  -  75 words
      • 77 11 Bloomberg [HONG KONG] China may ease its currency peg and allow the yuan to trade 2.5 per cent above or below the target rate by October, Standard Chartered Bank said in a report. A bigger change "may be a long way off", said the
        Bloomberg  -  77 words
      • 65 11 AFP [TAIPEI] Taiwan's Formosa Plastics has signed a letter of intent with the provincial government of Henan in China to invest 60 billion yuan (5512.1 billion) there, the Economic Daily News reported yesterday. Formosa plans to spend 20 billion yuan to build a
        AFP  -  65 words
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  • EDITORIAL & opinion
    • 810 12  -  THE bottom line OPINION matthew lynn Bloomberg LONDON property prices have always been jaw-dropping, even for the people who live there. Now they are breaking out into an orbit all their own. The world's most expensive house is now a white stuccofronted mansion next
      Bloomberg  -  810 words
    • 60 12 The present regime of generals is not willing to let go of power. They are making excuses to break the agreement It was bound to happen.' -Khawaja Saad Rafique a political opponent of Pakistan's President Pervez Musharraf, after the general said he may not resign as army
      60 words
    • 609 12 EDITORIAL RECENT US macronumbers have been so explosively impressive that deflation worries so commonplace a year ago have now been replaced by talk that the US Federal Reserve will have to raise rates sooner rather than later. But given both the current 45-year low
      609 words
    • 1152 12  -  Political analysts are wondering whether the anger over rising oil prices could affect the US presidential electoral choice in November From Leon Hadar in Washington TO the long list of issues that have been dominating the current race to the White House, including the economy and
      AFP  -  1,152 words
    • 932 12  -  COMMENTARY For peace in the Taiwan Strait, a stable framework must be set up By David Lampton, Kenneth Lieberthal LAT-WP THE recent unsettled election in Taiwan highlights a disturbing fact: the framework that has buttressed peace in the Taiwan Strait for decades is disintegrating. Changes
      LAT-WP  -  932 words

  • REGIONAL news
    • 497 13 CHINA OVERHEATS Q1 real estate investment soars 41% despite govt efforts to stem flow AFP [BEIJING] Chinese real estate developers have been pouring money into new investments at a frantic pace, fuelling concerns a bubble is already a fact and that a hard landing
      AFP; AP  -  497 words
    • 610 13 Analysts say 9.7% Q1 growth too fast and unsustainable AFP [BEIJING] China yesterday said its economy grew 9.7 per cent in the first quarter, setting off warnings that companies are investing at a feverish pace and triggering expectations of an imminent interest rate
      AFP  -  610 words
    • 369 13 Bloomberg [WASHINGTON] Paul Speltz, the US executive director of the Asian Development Bank, was named the Treasury Department's economic and financial emissary to China, Treasury Secretary John Snow said. In his new position, Mr Speltz, 57, is to help the world's sixth-largest economy reduce
      Bloomberg; AP  -  369 words
  • Page 13 Advertisements
    • 7 13 C.A.T.S. Buy It. Sell It. Find It.
      7 words
    • 1663 13 d IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF RACAL SURVEY (SINGAPORE) PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE TO SUBMIT PARTICULARS OF DEBTS OR CLAIMS Notice is hereby given that the creditors of the abovenamed Company, whose debts or claims have not already
      1,663 words
    • 126 13 Schlumberger Information Solutions (SIS) is pleased to announce that as of Ist April 2004: Amy Long Dale Hardcastle Fiona Seah lan Angell Jessica Tay Piers Tonge formerly of Arthur D. Little Asia Pte Ltd have joined Schlumberger Business Consulting (SBC) team in Asia. The Business Consulting focus is Strategy Implementation,
      126 words

  • WORLD news
    • 583 14 LOS ANGELES Torrent of data shows it may have kept credit too easy for too long LAT-WP PRESSURE is growing on the Federal Reserve to make clear that it's ready to fight inflationary forces in the economy and to stop talking about deflation.
      LAT-WP  -  583 words
    • 302 14 WASHINGTON AFP GROWTH in Asian demand will boost global energy consumption by 54 per cent by 2025, says a US government forecast. Total energy use is projected to grow to 623 quadrillion BTUs (British thermal units) in 2025 from 404 quadrillion in
      AFP  -  302 words
    • 266 15 MELBOURNE Reuters THE future of Telstra Corp Ltd's chief executive was uncertain yesterday and its media acquisition strategy up in smoke after the Australian telecoms group chairman resigned abruptly over boardroom divisions. Chairman Bob Mansfield's exit late on Wednesday comes as Telstra scrambles to find new
      Reuters  -  266 words
    • 416 15 SHANGHAI Bat asset prices could be vulnerable, warns lobby group Reuters CAPITAL flows to emerging markets this year will reach levels not seen since before the 1997-98 Asian crisis, according to a banking lobby group. But higher interest rates in rich countries and
      Reuters  -  416 words
    • 487 15 NEW YORK Robust growth in all major product lines behind firm's good results Reuters Bloomberg CITIGROUP'S first-quarter profit rose 29 per cent to a record high, on double-digit growth in consumer and investment banking and all other major product lines. The world's No
      Reuters; Bloomberg  -  487 words
    • WORLDWatch
      • 80 15 AP [WASHINGTON] The number of Americans filing new claims for unemployment benefits, after having fallen to the lowest level in four years, shot up last week by the biggest amount since late 2002. This dealt a setback to hopes the economy is starting to
        AP  -  80 words
      • 62 15 Reuters [NEW YORK] Factories in New York state saw business conditions improve markedly in early April, more than reversing a slowdown suffered the month before, a survey said yesterday. The Federal Reserve Bank of New York said the business conditions index of its two-year-old Empire
        Reuters  -  62 words
      • 66 15 Bloomberg [HOUSTON] Exxon Mobil Corp paid chief executive Lee Raymond 7.6 per cent more last year, raising the compensation to US$27.B million. Much of it was in restricted stock valued at US$l7.9 million on the date it was awarded, it said. Mr Raymond's base salary
        Bloomberg  -  66 words
    • 508 16 NEW YORK AMD, Texas Instruments, Apple report higher quarterly profits Reuters THE US technology sector grew at a solid pace last month, according to a survey released by the New York Federal Reserve Bank on Wednesday. The Tech-Pulse Index, which is a
      Reuters  -  508 words
    • 196 16 HELSINKI Reuters WORLD Wide Web inventor Tim Berners-Lee won one million euros (Ss2 million) yesterday, the largest single amount of money he has made from an invention that has made many others very rich. Mr Berners-Lee, 48, was named the first winner of the
      Reuters  -  196 words
    • 187 16 SAN FRANCISCO Bloomberg YAHOO! Inc chief executive Terry Semel made about U5563.2 million in profit from exercising stock options and selling shares on Monday, his biggest sale since joining the Internet company three years ago. Mr Semel sold 1.5 million Yahoo shares, according to
      Bloomberg  -  187 words
  • Page 14 Advertisements
    • 117 14 Nominations for the 2004 eso.startup awards are now open Recognising Singapore's New Enterprises mpHHHB To be eligible, a company *be a privately-held enterprise be under 5 years old (from date of incorporation) 20 0 4 have a strong nexus to Singapore have at least 1 year of audited financial results
      117 words

  • Page 15 Advertisements
    • 186 15 Recruit the one you want for any position you have Call 1800 289 8822 or email recruit @sph. com.sg for your recruitment solutions E***** I Where to wine, dine and entertain... 7 M 3— (I^aS^w f 11* A Si fhuan Don Hui Restaurant Secretaries' Week Dian Xin Set Lunch 19
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    • 123 15 Spring Court The Oldest I Chinese Restaurant in Singapore since 1929. 74 Anniversary Special PEKING DUCK Limited to one per table with min. order of $50 onwards. g|r 1 I /Special Lunch E/ $5.80 Nett Per Item V With FREE Choice of One Coffee/Tea/Soft Drinks or Chin Chow Oyako Don
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    • 42 15 Fashion Yes i,s Friday W WB ~WI 1 Fashion Nite at Discovery Pub. Come watch Ww> a 0 f beauties show off the latest in leisure wear. It's also Happy Hours from 3pm to Bpm on weekdays and all day weekends. rsth
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  • Article, Illustration
    1075 16 Transaction date: Apr 15 INTERBANK CROSS RATES AS C$ Rmb Euro HK$ Ind Rs Ruplah Yen Won RM NZ$ Pak Rs Peso 5$ Rand Sfr NTS Baht Pound USS Australia 0.991 6.133 0.617 5.763 32.434 63.757 0.802 8.553 2.808 1.162 42.390 41.278 1.241 4.866 0.955 24.394 29.296 0.411 0.739
    1,075 words
  • 1640 16 SICOM FUTURES Apr 15 RUB8ER Futures (Closing prices) RSS1 (S cents/kg) Close Volume Opm Month High Low Sett (tonnes) Interest May 04 237.25 Jun 04 237.75 Jul 04 241.50 Aug 04 242.00 Sep 04 242.75 Oct/Dec 04 243.25 RSS 3 (US cents/kg) Volume Open Month Hiqh Low Sett (tonnes)
    1,640 words

  • Page 17 Advertisements
    • 2514 17 advertise call toll-free 1800 289 8822 Email: notices® sph.com.sg The following assets are for sale on an "as-is-where-is" basis: Walk-in chiller (96" x 72" x 72" 132" x 72" x 92") Walk-in freezer (144" x 216" x 96") Frozen seafood (lobsters, prawns, salmon, etc.) Restaurant equipment (kitchen equipment, furniture, etc.).
      2,514 words
    • 961 17 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 [SECTION 290|2)(b)] AND IN THE MATTER OF KAMOGAWA INTERNATIONAL HOTELS AND RESTAURANTS MANAGEMENT PTE LTD (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At on Extraordinary General Meeting of the Company held at 30 Merchant Road, #0327 Riverside Point, Singapore *****2 on
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    • 1781 17 3 SembCorp I y Industries SEMBCORP INDUSTRIES LTD (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING Notice is hereby given that the Sixth Annual General Meeting of the Company will be held at The Theatrette, 60 Admiralty Road West, Singapore *****7 on Friday, April 30, 2004 at
      1,781 words

  • 4918 18 Transaction date: Apr 15 HONG KONG Vol HK Exchanges Clearing 16 10 -0.35 5806 HK$ '000 HKR Int'l 2.65 0.15 6194 H K and China Gas 13.30 -0.15 ***** Aeon Credit 5.65 unch 362 Hong Kong Electric 34 00 0.10 5846 Aeon Stores 5.90 -0.25 172 Hongkong Chinese
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  • 2539 18 Transaction date: Apr 15 KUALA LUMPUR GeneralCorp .0.57 -0.01 308 y„l General Soil 1.26 unch 0 RM W- C000) Genting 17.00 0.10 1986 George Kent .0.79 -0.03 128 A M Realty 1.65 -0.02 47 Globetronics Tech 7.20 0.05 268 Abric .0.69 0 03 63 GlomacBhd 2.87 0.02 481 ACP
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  • 865 18 Transaction date: Apr 15 »«>"■« m a— on stxfc w— m ow an Allgreen 50c 0.31 1.030 -0.040 NOL 1.60 2090 -0.060 BIL IrrtJ US20c 0.38 0.755 -0.005 OCBC 885 12.000 -0200 Capitaland 1.20 1.660 -0040 Partway H 25c 0.56 1.120 -0.030 Chart SemtCond 26c 1.40 1 700 +0.020
    865 words
  • 722 18 BONDS WARRANTS Prem Expiry Tal Last Vol Con* Exer Disc Gear- Mths Cowpiwy Sate -w- COM) Itotb Prif S If Left 3779 ASL Marine Hldgs W*****1 18.5 -1 174 1 53 35 2.86 48 3698 ASTIW*****1 .40.5 -0.5 11 1 16 -3 1.43 2 3697 Acma Ltd W*****6 .0.5 1
    722 words
  • Page 18 Advertisements

  • THE ARTS
    • 485 19  -  SANGEETHA MADHAVAN finds the casting in 'Kiss Me Like You Mean It' pitch perfect SANGEETHA MADHAVAN WHEN aging stud Donald Lee (Gerard Chew) advises incredulous youngster Tony (Phin Wong) how to woo the girl he just met at a party: "I'm giving you gold here," you could
      485 words
  • 7003 19 1 Transaction date: Apr 15 52-Wk Td Last Vol Day Last Quota GrDrv Dry GrYld Net MCap Hlgli low Coda Company Sate 0)00) High Low »uyc SalUr Cvr SmS 57.9 32.9 5834 A Sonic 44cd unch 148 44 43.5 43.5 44 5 N9.7 0 6 15.6 149 8
    7,003 words
  • 73 19 U-M T«l Last Vol Day LaM Quote GrDtv Div GrYM Net MCap Wg> Loo Cod« Company Sda *1- COCO) Ugh to»» In* S Cvr Pfc sin* 2060 2000 6065 Diamonds US2060 2120 6095 IS OJ US Tech US3740 6097 IS MSCI Spore US5S5 6101 ISS4P500 US8270 ***** 9650
    73 words
  • 2010 19 S2-WV Td Last Vot Day Last Quote GrOi* Dtv GrYld Net MCap High Low Coda Company Sala CM* H0i Low »nyr Selkr Cvr P/I jn5 26 7.5 5000 ABR Hldgs 5c 15 -0.5 30 15 15 15 17.5 289 42 15 2101 APOiISc 32.5cd +0.5 112 33 32.5
    2,010 words
  • 347 19 SJ-Wk Tol Last Vol Day LastQuot* GrOtv Div GrTId Net MCap Wgh low Codo Comply Solo ♦<- rOQO) Wgh Low luyor Sotor Cvr S P/E Sii5 228 106 6000 AVJennings A25c A212 +2 100 213 211 211 213 40 8.8 4.7 8 4563 6001 Cathay Pac 20c HK720
    347 words
  • Page 19 Miscellaneous
    • 224 19 CRYPTIC CROSSWORD 27 and me 8 rr 9oods are sold out ,4) 28 Is set to change places (5) 9 A voracious reader (81 YESTERDAY'S SOLUTION 29 A type at window decoration 14 unmatched biblical re- t SM-key. 9 Air-to-air, W nuired —to makP un a «;pt9 10 Abbe, 11
      224 words

  • CINEMA
    • 1335 20  -  GEOFFREY EU looks at the 17th Singapore International Film Festival's more notable offerings even as viewers are challenged to be more adventurous this year GEOFFREY EU Hollywood may be the undisputed centre of the cinematic universe, but Singapore is quite possibly the unofficial film festival capital of
      1,335 words
  • Page 20 Advertisements
    • 321 20 Sumf Jo's command IP warm tone and charismatic stag» presence have earned her the appellation from abovs"W by late conductor Herbert von JfcL Official Airline Official Hotel Official Media /M =diaCorp M? C ?,"*t D S Symphony V.S ai Runes' I I I IWRMH"! Recruit from a wider audience Call
      321 words
    • 43 20 COMPLIMENTARY BT OUT of the office tomorrow? Then ask for a complimentary copy of The Business Times at selected F&B outlets at the following malls: Scotts, Liang Court, Plaza Singapura, Clarke Quay, Funan IT Mall, IMM, Tampines Mall, Lot 1 and Junction 8.
      43 words

  • CELEBRATE AUSTRALIA
    • 1349 21  -  The South Australian city has the rustic appeal of country living yet with all the trappings of modern city living. GOH HWEE LENG checks out its attractions GOH HWEE LENG CITY of Churches, City of Festivals call it what you will, Adelaide is a very pretty city. Of
      1,349 words
  • Page 21 Advertisements
    • 418 21 to pleader endle# Ux^ry in A«ftralia. k/kctkcc t'r ripping of AxftraliaV finert Return economy class airfare to wi»ef and it; brcatk-takincj rcenccy of >rt lymc, back and „,^r.S!_^ n a* a of lifeftyle packager to every traveller all of yo«r defiref. Call Qantaf Holiday; at (,734 1818 to find -"'H
      418 words

  • EXECUTIVE Lifestyle
    • 2876 22  -  About 5 per cent of the adoption cases each year involve singles, most of whom are professionals. CORINNE KERK looks at why they have chosen this route to parenting CORINNE KERK MOSTLY, they are professionals. Lawyers, bankers, accountants, businesswomen, teachers and managers They are single, they
      2,876 words

  • SHIPPING TIMES
    • 528 23  -  Asian all-water services accounted for 41% of the East Coast port's box volume last year By Beth Jinks [SINGAPORE] Asian cargo is expected to account for half of the containers handled at the Port of New York New Jersey
      528 words
    • 295 23 [SINGAPORE] Logistics companies here were urged yesterday to leverage on the core strengths and overall environment in Singapore to expand and grow their businesses while shedding the "middleman" image of serving an entreport port. Regional economies too could tap the Republic as
      295 words
    • 811 23 Govt funding looks certain for project to double container capacity by 2020 Bloomberg [AMSTERDAM] Rotterdam, the world's largest cargo port, is close to securing funding from the Dutch government for a US$2.9 billion expansion to handle a surge in imports from China and prevent
      Bloomberg; PORT OF ROTTERDAM  -  811 words
    • 313 23 SGX 000 AprlS SS W- Vol CH Offshore 0.42 0.01 3874 Chuan Hup 0.S4 0.01 1459 Cosco Investment ...1.06 -0.03 9992 CWT Distribution 0.53 unch 12 Ezra Hldgs 1.13 -0 03 1262 Freight Links .0.12 unch 242 GB Holdings 0.71 unch 10 Jaya Holdings 0 89 0 01
      313 words
    • 900 24  -  ADMIRALTY CASEBOOK By Selva Kumar CANBERRA'S transport safety agency has released a damning report on the conduct of the second mate of a bulk carrier involved in a collision with a fishing vessel three months after charges against the officer were
      ATSB  -  900 words
    • 197 24 PAGE Alianca 3 AAL 5 Avant 6 Bank Line 4 B'tang Mas 5 BSA 4 BSC 6 BTL 6 Cargoways 6 CMACGM 3 COSCO 3 China Shpg 5 Confer 6 Crocodile Line ....4 CWTGlobelink ...4 Delmas 4 Dongnama 3 EP Carriers 6 ECL 3 Eng Lee 6
      197 words
    • 13339 29 THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Oest'n Name Name Number Number To CAMDEN (CDE) 2687 U. S. To ABIDJAN (ABJ) 2003 Cot# D'lvoire 21/05 04/07 Indotrans INDOTRANS CELEBES CE017W 65-*****216 23/04 16/05 Delmas
      13,339 words
    • SHIPS IN PORT
      • 516 31 Vessel Voy No Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL ATLANTIS 7 A7189 J3 A/SIDE 16/04 0630 GL LONGEVITY 8 J4/5 A/SIDE 16/04 0600 GR FESTIVAL 91A J22/23 A/SIDE 16/04 0800 NIAGA 55 01/04 J12 A/SIDE 16/04 1000 PNSTAR 15D4P J2 A/SIDE 16/04 0100 RIMBAEMPAT DH J10 A/SIDE 16/04
        516 words
      • 1410 31 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vessel Out In Bth Berthing Un- Berth Name Voy Voy seq berthing Nmbr ACX LILAC 064N 064N 1 17/04/2004-15:00 18/04/2004-03:00 ACX SAKURA 029S 029S 1 18/04/2004-15:00 19/04/2004-07:00 ALAMJAYA 2 8891N 8891N 1 17/04/2004-07:00 17/04/2004-14:00 ALAMJAYA 2 8892 1 18/04/*****6:00 18/04/2004-14:00 ALTONA 0425 0424
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      • 140 31 Apr 25 Italy: Liberation Day. NZ: Anzac Day. Apr 26 Australia: Anzac Day. Apr 29 Japan: Greenery Day. Apr 30 Vietnam: Victoria Day. May 1 Belgium: Labour Day. China: Labour Day. France: Labour Day. Germany: Labour Day. HK: Labour Day. Italy: Labour Day. Norway: Labour Day. Philippines: Labour
        140 words
      • 823 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
        823 words
      • 624 31 Carbon 180 Max 989.7 0.3 14.9 0.05 36 0.04 *P f 6 Density Water Residue AshAlumlnlum Sediment No above E25 0 0 0 0 0 0 380 Ave 984.5 0.3 12.9 0.05 25 0.02 Cuon 380 Max 994.4 0.7 17.5 0.08 64 0.05 K6/M«3 <*ifi M/M
        624 words
    • AIR & LAND transport
      • 354 32 Reuters [CHICAGO] Richard Branson's start-up US airline is leaning strongly toward Airbus over Boeing in the competition for what is likely to be the largest US airplane order this year, sources said. The yet-to-be-named Virgin carrier has told Boeing it is
        Reuters  -  354 words
      • 251 32 AFP [LONDON] A mystery buyer from Italy splashed out £115,000 (*****,000) on Wednesday for the nose cone of a supersonic Concorde airliner at an auction in Britain. Sale organisers said the bidder wanted to install the structure which gave Concorde its distinctive needle-tipped appearance in
        AFP; AP  -  251 words
      • 849 32 CEO again calls for deep wage cuts from pilots NYT [ATLANTA] Delta Air Lines' heavy losses continued in the first quarter, prompting its chief executive to again call for deep concessions from its pilots. The ailing Atlanta airline, squeezed by
        NYT; BLOOMBERG FILE PHOTO  -  849 words
      • 170 32 Reuters [JAKARTA] Indonesia plans to sell a majority stake in its domestic airline, PT Merpati Nusantara Airlines, to a strategic investor this year to help finance the struggling carrier's operations, an official said on Wednesday. The sale, which Merpati said in a
        Reuters  -  170 words
      • 2191 32 CITY FLIGHT ETA FLIGHT ETD "Willi IA73S1 M40 LM7T0 2300 0555 EK349 0030 0F81 1840 ***** 2300 ***** 0730 EK405 0210 Aastertaa GA975 0655 KL838 2255 E* 404 1405 0(431 0325 K1837 1450 EK348 1650 S0404 2325 555! [*430 2005 N33M 1700 ZZZ ZZ 1 untz
        2,191 words
      • 188 32 AFP [HONG KONG] Cathay Pacific Airways said on Wednesday it has placed firm orders for eight wide-bodied passenger jets with six of the aircraft coming from Airbus and two from Boeing. The new aircraft, which will expand Cathay's fleet to 94 aircraft, would
        AFP  -  188 words
  • Page 23 Advertisements
    • 18 23 Delta's Q1 I loss of I USs3B3nt likely to industry's biggest places r orders for 8 new aircraft'
      18 words
    • 12 23 ADMIRALTY CASEBOOK: Australian safety body slams acquitted officer in collision report-Pg 2
      12 words
    • 336 23 SINGAPORE/PORT KLANG TO CHENNAI AND V.V. TRADES NOTICE TO TRADE RATE RESTORATION Feeder operators in the Singapore /Port Klang to Chennai and v. v. trades wish to inform the Trade that the following minimum rates shall apply to all SOC shipments with effect from 15 May 2004: From: Singapore /Port
      336 words

  • Page 24 Advertisements
    • 867 24 I TO USA/CANAQA I 1 EXPORT 1 I OTHER DESTINATIONS I [VESSEL I VOY PKG ETA SIN LONG REACH DALLAS HOUSTON MEMPHIS CHICAGO| NEW YORK TO AUSTRALIA (AUSTRALIA ASIA EXPRESS) P&O NEDLLOYD KOWIOON 37E16 13/04 14/04 30/04 05/05 07/05 05/05 05/05 08/05 VESSEL VOY ETA SIN PKG PRE INE SYP
      867 words
    • 564 24 Lines services represented by Singopore Snipping Association COMTAIMIRS/ CONVENTIONAL CARGO PORT KLANG/SINGAPORE/.JAKARTA I lANGKOK VDY ETAPKL ETA SIN ETA MALE Maid Star 547 15/04 1804 27/04 China Star 015W 23/04 03/05 LILY MARINE SERVICES SINGAPORE Phone U34 72M/«33N884« Km: KU47MC SCANCHART AGENCIES SDN BHD P1 TRANSLINDO JAKARTA TEL OVHIVMM Hie
      564 words

  • Page 25 Advertisements
    • 797 25 MOl Combines a range of shipping modes to ensure timely, reliable services covering major > ports in Norm America, Europe, Japan, Asia, Africa Oceania. Also accept Intro-Asia Cargoes to: BUSAN KWANGYANG SHANGHAI YANTttN XMMBI ONGOAO KIAWAH JAKARTA SURAMYA KAOHSUMG lAMOKOK LA£M CHAIAHG HOCHIMIMH PASW GUOAJtG PEKAMG POET KILANG For Schedules,
      797 words
    • 1763 25 NEW WEEKLY "ADX" SERVICE TO EAST MEDITERRANEAN ON EVERY FRIDAY WITH EFFECT FROM MING SKY V.OOOIW ETA SIN: 02/04/2004 CO STAR SHIPPING PTE LTD oummwu nL MMSBOJ 43 fax musus/TS I SINGAPORE TO ISTANBUL -IS DAYS a**.,/./.™** t1e***** iWK)(MAIN, SXT S I SINGAPORE TO THESSALONIKI *16 DAYS JOMOH'S OfFKfc CONVENTIONAL
      1,763 words
    • 588 25 VBSEI VOY SIN JKT HKG KHH INC KYH PUS VESSEL VOY SIN JKT SUB HKG USN PUS INC HY VLADIVOSTOK 140S 21/4 24/4 2»/4 30/4 3/5 5/3 5/3 KMTCPUSAN 40tS 25/4 28/4 29/4 4/5 8/4 9/5 11/5 HY PROGRESS 077S 28/4 1/5 5/5 7/5 10/5 12/5 12/5 KMTC SINGAPORE 406S
      588 words

  • Page 26 Advertisements
    • 2263 26 f; ;1 nci MAQ ENQUIRIES/BOOKINGS: *****344 FAX: *****433 E-MAIL: d»lma>«d*lm«..com.H DOCUMENTATIONS/OPERATIONS: *****837 FAX: *****177 Mum WIST tfßg IXPttHS EXWESS CONTAINER savw TO SOIfTH/WfST AHHCA VOY I SIN IREUNION LUANDA POINTENOIRE MATADI LIBREVILLE ABIDJAN TEMA LOME TINCAN COTONOU APAPA DOUAIA ONNE ContiAso 404W 18/04 01/05 78/05 16/05 24/oT 20/05 25/05 I
      2,263 words
    • 655 26 _BSA MYANMA BQ FIVE STAR LINE (Myanmar National Line) Loading for Yangon VESSEL vor SIN PKI PEN PGU PAGAN 328W SID HPA-AN 320W 16/04 IN MALAYSIA: IOUSTEAD SHIPPING AGENCIES KUL 03-*****300 PKL 03-*****101 PEN: 04-*****02 ACCEPTINe CONVENTIONAL C6O VESSEL VOY NKG SIN PGU PKI KUC SUNNY HEART 52 SID SLD
      655 words

  • Page 27 Advertisements
    • 1363 27 IRISL, to 9fh(B (sKS<smp93 to(&pfcz&s] &{E) tihlfl&ygjlh IbfflU *3 fazltog) {for ifo tolmisl ipefimQa to wsi]] as &h§o 3&yxiihrfm to 9ih® ih]3itm9 Oft®m* AGENT IN SINGAPORE AGENT IN MALAYSIA AGENT IN INDONESIA SINOSE MARITIME PTE LTD BOUSTEAD SHIPPING AGENCIES SON. BHD. PT. SINOSE CONTI PERSADA TEL: *****144 FAX: *****181 KLANG
      1,363 words
    • 615 27 a k UK CONTINENT SERVICE Loading for GLORIUS RTM/ATW/BMN/UK/NAN ATERMON RTM/ATW/BMN/UK/NAN Loads Singapore, EVW Malaysia, Indonesia MIDDLE-EAST SERVICE Loading for RAVENNA 081/ABU/DOH/BRN/DMM/KWT REGAL STAR ADN/HDD/JDH VTC STAR DBI/ABU/DOH/BRN/DMM/KWT J FRIEND HDD/JDH/AQA 'Loads Singapore, E7W Malaysia, Indonesia USA SERVICE Loading for NENA M CAM/NOL/NFK/SAV YONG AN 4 CAM/NOL/NFK/SAV/TPC 'Loads EVW. Malaysia,
      615 words
    • 825 27 vessel vor sin pgu _msa m sw *i PAC BAMDA HB9N 12/04 18/04 ALAMJAYA 2 032 14Z24 22Z84 PAC lANDA mO* 19/04 19/04 PAC RIMTAM 2244 li/M UISA PAC >ANDA miN 20/04 20/04 lUTABAM HP 3002 KM 22/04 PAC lANDA LI92M 21/84 22/04 ALAMJAYA 2 M 93 25/04 27/04 ianpa
      825 words

  • Page 28 Advertisements
    • 565 28 21 22/04 27 27/04 I ■PPWfll TIGER PEARL 178SA 18 18/04 FOR DISCHARGING ONLY I ■MUiUI TIGER WAVE 179N 20-20/04 26-27/04 03-04/05 SEA NAVIGATOR 179S 21-21/04 FOR DISCHARGING ONLY I ■■■■■TIGER PEARL 178N 21-22/04 28-29/04 04-05/05 TIGER SKY 180N 24-2S/04 01-02/05 08-09/05 1 153 2^2i/o^?^o/o^o^o?/n^B ■MMMNiTIGER SPIRIT 085 21-22/04 29-01/05
      565 words
    • 1038 28 FREIGHT LINKS EXPRESS PTEtLTDK 51 Penjuru Road, 3 Level, f Fre Links Express Logisticentre, Singapore *****3 ATTRACTIVI lcl rates to these various destinations VALPARAISO MANZANILLO CAILAO NINGBO SANTIAGO VERACRUZ MONTEVIDEO XIAMEN BUENAVENTURA PANAMA CITY DALIAN QINGDAO PLS CALL FOR BOOKING 6267 4694/5535/5541/5508/5514/5551/5560/5563/5565/5569/5553 PROJECT Cr HEAVYLIFT CARGO (CONVENTIONAL €r RORO) Lawrence
      1,038 words
    • 1751 28 OPERATOR CODE: PD 1 nil I IMI- P CR MO: **********0 C Wabsite http://pdzlines.ccm. rt 1/ I I 111 r MAIN: TEL:622I-1333 FAX: 6221-5272 I# W CUSTOMER SfRVKt TIL 6221-5596 FAX: 6227-8190 %*m%m SINGAPORE: TONGJOO SHIPPING PHLTD Email: bookMl9s@tij.tom.ig REGULAR CONTAINERISED SERVICES TO MALAYSIA, BRUNEI, MYANMAR AND VIETNAM Insui vor
      1,751 words



  • Page 31 Miscellaneous
    • 118 31 fIHBHMMRMHBHMHBMfiMHNM 120E FOR 7AM 16 Apr 2004 y Issued by Meteorological Service Division,NEA LEGEND: Thunderstorm Wind speed symbols Showers Fu circle w/o line indicates calm or light and variable winds Rain One half fleche represents 5 knots Cloudy Day -One full fleche represents 10 knots Hazy A -One solid triangle
      118 words