The Business Times, 22 June 2004

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Total Pages: 26
1 26 The Business Times
  • 12 1 h THE BUSINESS TIMES SINGAPORE TUESDAY, JUNE 22, 2004 Internet: http://business-times.asial .com.sg
    12 words
  • 510 1  -  BT exclusive Australian report sees economic impact lasting np to 10 years or more By Donald Urquhart [SINGAPORE] Failure to combat terrorism will have the greatest impact on the developing economies of Asean, East Asia and China with
    Source: Australian Department of Foreign Affairs and Trade  -  510 words
  • 828 1  -  BT exclusive Reports by Andrea Tan [SINGAPORE] Hotel Royal sits on prime land along Newton Road lined with posh condominiums, but its executive chairman Lee Chin Chuan says the hotel will not be bulldozed to make way for condos. Neither will
    ARTHUR LEE  -  828 words
  • 75 1 STI 1,787.15 (-4.47) ST INDEX FUTURES 1,789.00 (-1.00) SIMSCI 217.93 (-0.78) SIMSCI FUTURES 218.40 (-0.20) Monday Change KLSE COMP 825.56 +3.63 NIKKEI 225 11.600.16 +218.08 HANG SENG 11.845.59 -936 SET INDEX MM +7.32 JAKARTA COMP...._689.62 -3.10 MANILA COMP 1.540.52 +7.77 TAIPEI WP1 5.556.54 -1175 SEOI'LCOMP 749.30 +7.57 SHENZHEN B
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  • 75 1 FOREX RATES US* 8$ L'SS (SS per ISS) 1.722 SS/SS per X) 1.834 3.157 EL'RO(l'S$/SS/E). 1.210 2.083 YEN 108.7 63.10 RM 3.800 2.207 HKS 7.799 4.530 BAHT 40.93 23.77 R1PIAH 9.402 5.461 RENMINBI 8.277 4.807 INDIAN Rl'PEE.._ 45.90 2666 AS 1.452 0.843 m 1595 ..0.926 PRIME RATES SINGAPORE 5i5
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  • 457 1 [SINGAPORE] Lee Chin Chuan, one of the two independent directors who resisted Wee Cho Yaw's offer to privatise Far Eastern Bank (FEB) 10 years ago, says he is waiting for a better offer from United Overseas Bank. Asked what he plans to do with his
    457 words
  • 658 1  -  By Loh Hui Yin [SINGAPORE] DBS Bank is moving into the huge retail banking market in China with plans to offer personal wealth management services to Chinese consumers next year. For a start, the Singapore bank will open a branch in Shenzhen in
    658 words
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  • NEXT page
    • 403 2  -  Paper says Temasek asked to drop Permata bid By Chuang Peck Ming [SINGAPORE] Temasek Holding's bid to buy a stake in a third Indonesian bank has been blocked by the country's parliament, according to an Indonesian newspaper report. Bisnis Indonesia, the country's
      403 words
    • 510 2  -  Pay of unionised staff up 2.9% in 2003: NTUC survey By Chuang Peck Ming [SINGAPORE] The labour movement's latest wage survey should allay worker suspicions about wage reform in particular, that it's an "undercover" move to cut pay. Two findings of the National
      Source: NTUC Industrial Relations Dept  -  510 words
    • 570 2  -  From Al Labita in Manila PHILIPPINE President Gloria Arroyo's victory in the country's national election failed to lift stock market sentiment yesterday with trading continuing to remain lethargic. Weighed down by lingering concern over the opposition's destabilisation threats, investors stayed cautious as the bellwether
      AFP  -  570 words
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  • SINGAPORE companies
    • 503 3  -  Rocky relationship seen initially but liquidity looks set to rise in long run By Joyce Koh LIKE old friends reuniting after a major fall-out, the proposed tie-up between the stock exchanges of Singapore and Malaysia is expected to be rocky at first, but
      503 words
    • 260 3  -  By Joyce Koh AFTER its attempts at a backdoor listing through Singapore-listed Japan Asia Ltd (JAL) were twice scuttled, regional financial services firm Japan Asia Securities Group (JASG) has decided it will seek an initial public offering instead. Hong Kong-headquartered JASG counts tycoon
      260 words
    • 663 3  -  HOCK lock siew joyce koh THE job of a research analyst is unenviable these days. From clocking long hours to possessing the requisite technical skills, analysts must also learn to tread delicately through the many regulatory requirements here. Of course, there are things
      663 words
    • 497 4  - Bonvests divests Starbucks for 13.4m It sells loss-making franchise back to the international coffee chain By Kenneth Lim DIVERSIFIED group Bonvests Holdings has sold its loss-making Starbucks Coffee franchise business back to the international coffee chain for $13.38 million cash. "The sale will enable the group to focus more on
      FILE PHOTO  -  497 words
    • 420 4  -  By Teh Shi Ning THE number of merger and acquisition (M&A) deals, in Singapore has leapt 81 per cent so far this year from HI 2003 the region's highest jump. Despite the sharp rise in volume, however, the total value of M&A deals here has
      420 words
    • 353 4  -  Removal of unit from BCA register will have little effect, it says By Vince Chong CONSTRUCTION group NeoCorp International said yesterday it had about $82 million in orders lined up at April 30 and that its current-year performance will not be affected substantially by
      353 words
    • 191 4 FORMER Citiraya Industries executive director Raymond Ng Ah Hua has sold all his shares in the company he helped found, just months after he quit the electronic component recycler now run by his brother, Ng Teck Lee. A statement by Citiraya yesterday showed that Mr
      191 words
    • 211 4  -  By Kenneth Lim LIGHTING equipment specialist JK Yarning International said it is exploring a strategic alliance with Tai-wan-listed Phihong Technology Co, which became its second largest shareholder after a series of share purchases this year. Phihong Technology's subsidiary Phihong International Corp emerged as a substantial
      211 words
    • 319 4  -  MAIL bag Tan Ser Ping Chief Executive Officer Ascendas-MGM Funds Management Manager of A-Reit WE refer to the report on Ascendas Reit by GK Goh Research in the "Brokers Take" column of June 18. We would like to point out the following errors in
      319 words
    • 577 5  -  China chipmaker unable to agree on final offer price with Citigroup By Jean Chua CSMC Technologies Corp said yesterday it still plans to seek a listing, after an offer price has been agreed on. The Wuxi-based chipmaker, which had planned to
      577 words
    • 236 5 NOL cargo volumes up 18% in May SINGAPORE'S largest shipping line Neptune Orient Lines (NOL) continued its stellar performance with an 18 per cent year-on-year increase in its cargo volume for last month. This is the fourth consecutive month of double-digit growth this year for NOL. Its latest report,
      236 words
    • 739 5  -  Mall will boost distribution yield nbs5-9% above earlier forecast By Kalpana Rashiwala CAPITAMALL Trust (CMT) says the purchase of Plaza Singapura shopping centre will boost its annualised distribution yield this year and next year about 5 to 9 per cent beyond its earlier forecast. CMT,
      739 words

  • 3989 4 UNIT TRUSTS FUNDS KftffirniSflHHHHH Dividend Pf04(5GD) 0J95/ Fidelity El* HY 9.341/ Global Fixed Income 9.732/10.034 SIS High GrXInll Plus 7 USD)Fd 0.9528/ Pnnapal Select Global Eqty 8.8672/9.334 Franklin Templeton F Global Bal/8 1.4/ Greatet Chma Equity 1.236/1.302 Fusion Glob Growth Trends 0.652/0 6863 S 8 SelEqty Dividend Pf 04 (USD)
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    • 182 5 A PERFECTLY PACKAGED WELCOME TO BEIJING ;t sU LA im 1 fk r *■[H^H Ji^H^^Hl -i jjljl tw 1 fIMHI^^HH I il^^H r ißi^^H 'jJMPBMnHH! Rates from USsl49* are Perfectly Packaged with breakfast and Mercedes-Benz airport transfers Indulge yourself in the luxury of Beijing's most centre location at the heart
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  • SINGAPORE markets
    • Article, Illustration
      501 6  -  Compiled by VEN SREENIVASAN Beyonics Technology June 21 dosing: 42 cents BEYONICS reported Q3 04 results that were below our expectations. But we expect the group to put up a better performance in 2005 as it achieves further synergies, cost savings and economies of scale from its acquisitions.
      Source: Bloomberg  -  501 words
    • 294 6  -  HOT STOCK WARRANT By Ven Sreenivasan A MAJOR divestment of any company's shares usually puts pressure on the stock price. But leather sofa-maker HTL International has joined the list of exceptions. Earlier this month, Morgan Stanley Private Equity (MSPE) converted about 7.8 million
      Source: Bloomberg  -  294 words
    • 491 6  -  BT comment STOCKS ven sreenivasan THE market needs an infusion of fresh funds to help it break out of a rut. That seemed to be the consensus yesterday as the Singapore bourse struggled through yet another lacklustre session. But judging by the uninspiring
      Source: Bloomberg  -  491 words
    • 590 6  -  Ten soars to highest level in almost two months, greenback falls below key reversal point BT comment CURRENCIES larry wee THE US dollar was again out of favour in Asian trading yesterday, hurt by news of a record first quarter US current
      Source: Reuters  -  590 words
    • 354 6  -  Compiled by KENNETH LIM Ace Dynamics CEO buys more shares ACE Dynamics chief executive Steven Tham continued his buying spree of the diversified group last Friday, picking up 746,000 shares on the open market at 21.7 cents each. Mr Tham had bought another 760,000 shares the day
      354 words
    • Article, Illustration
      403 6 OTHER SINGAPORE INDICES Jun 21 VALUE CLOSE BT OB/OS -407.00 -263.00 BTCADt -*****.00 -85.00 BT 10-day MA -*****.00 -41.00 All-SG Equities 478.12 -1.70 SG Equities Elect 159.78 -0.52 SG Equities Fin 1490.58 -7.13 SG Equities Prop 402.20 +1.30 SIMSCt 217.93 -0.78 SiMSCI Futures 218.40 -0.20 Stocks Volume Stocks Cents Slocks
      403 words

  • SMALLcaps
    • 839 7  -  The retailer's growing sales and store network make the stock worth another look, says ANGELA TAN ANGELA TAN AUSSINO Group, maker of bedlinen and apparel, has come a long way since it opened its first Aussino standalone store here in April 2002. Today, the retailer
      FILE PHOTO  -  839 words
    • 402 7  -  By Kenneth Lim IN a lacklustre week for the overall market, our portfolio of small market capitalisation stocks managed to emerge with relatively fewer scars. The weak sentiment that sent the ST Index down 26.9 points week-on-week or 1.5 per cent to 1,787.15 yesterday
      402 words
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  • FOCUS property
    • 511 8  -  Good public response points to an early tender for the $300m project, says VINCE CHONG VINCE CHONG THE beleaguered construction industry is eagerly awaiting the tender for the Housing and Development Board's high-profile Pinnacle@Duxton project, estimated to be worth about $300 million. This
      511 words
    • 443 8  -  By Vince Chong LATE-NIGHT football and overseas trips during the June school holidays have conspired to dampen property sales over the past week. Most developers, too, have held back project releases as they wait for families to return and soccer fans to resume regular
      443 words
  • Page 8 Advertisements
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  • SINGAPORE news
    • 487 9  -  $300m project will be source of water supply, help flood control, and offer water sports By Tang Weng Fai THE freshwater reservoir formed by the damming up of Marina Basin expected to cost $250 million to $300 million will be operational by 2009
      487 words
    • 275 9  -  EYE on the economy electronics By Tang Weng Fai SINGAPORE looks set to be the regional odd man out in the worldwide semiconductor boom, according to research house Gartner. Singapore's semiconductor market will clock a compound annual growth rate (CAGR) of just 4.7 per cent
      275 words
    • 338 9  -  New medical service is aimed at corporate clients By Carolyn Quek GLOBAL medical and emergency assistance provider, International SOS, is out to woo corporate and insurance clients with its new SOS Medical Second Opinion Service. This service is a revamp of a previous offering
      338 words
    • 266 9 AN Islamic banking and finance forum will be held this Saturday, the first such event to be held on such a scale in Singapore. The forum, jointly organised by the Association of Chartered Certified Accounts (ACCA) and the Singapore Malay Chamber of
      266 words
    • 138 9 Reuters SINGAPORE'S annual inflation rate could hit a three-year high in May on a rise in energy costs, economic strength and the distorting price impact of last year's Sars outbreak, a Reuters poll showed yesterday. The consumer price index (CPI) is expected to have
      Reuters  -  138 words
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    • 177 9 Connect with over JL A A A A Enterprise II 1 I Iff If 1 Exchange: II II II II I Technology II 11 II III innovation I J showcase potential business partners LIMITLESS For 9 e es with VCs, ncni c business angels, innovators UlALu over 1.000 Chinese to
      177 words

  • EDITORIAL & opinion
    • 773 10  -  THE bottom line OPINION shada islam THE European Union's (EU) decision to cancel two upcoming meetings with leading Asian countries because of differences over Myanmar's participation in the talks could turn out to be a fatal blow for the Asian-Europe Meeting (Asem), the forum
      773 words
    • 46 10 'It's certainly nice to be able to drop by No 10 and have tea with Tony Blair, with Cherie laying out the scones.' -Peter Preston former editor of The Guardian, on why there is an intense battle for ownership of London's Telegraph newspaper.
      46 words
    • 599 10 EDITORIAL INDONESIA'S upcoming direct presidential elections could prove to be a boon not just for the country's democratic process but more importantly for its sluggish economy. As the country's five presidential candidates traverse the vast archipelago canvassing for votes, pressing flesh and wooing the media, they
      599 words
    • 998 10  -  Outgoing SGX regulatory head prefers a soft approach built on educating market players rather than coercion By RSivanithy FOR more than three years, Alan Shaw has been the man in the regulatory hot seat. If you're a stockbroker, you would know exactly which seat
      FILE PHOTO  -  998 words
    • 1090 10  -  COMMENTARY By Michael Lewis Bloomberg TEN days ago, the Wall Street Journal published an article about a man named Gregory Earls, who used his role as a prominent fund-raiser for Harvard University to persuade investors to give him money, much of which he stole, the rest he
      Bloomberg  -  1,090 words

  • REGIONAL news
    • NOTEBook
      • 70 11 AFP [BEIJING] American computer giant Apple has lost a court appeal against a decision that rejected its application to have its trademark logo extended to cover clothing and other items in China, Xinhua news agency reported yesterday. The verdict by the Beijing No 1 Intermediate
        AFP  -  70 words
      • 94 11 Bloomberg [NEW DELHI] India's exports rose 29 per cent in May as automobile companies such as Maruti Udyog sold more cars overseas and steel companies stepped up sales to China. Exports in May were US$5.B billion, Commerce and Industry Minister Kamal Nath said. Imports rose
        Bloomberg  -  94 words
      • 87 11 Reuters [HONG KONG] Hitachi Global Storage Technologies, the hard disk drive venture between Hitachi Ltd and IBM Corp, yesterday unveiled plans to build a US$5OO million plant in China. HGST is the world's second-largest hard disk drive maker by revenue after Seagate Technology HDD
        Reuters  -  87 words
      • 65 11 Reuters [HONG KONG] The Export-Import Bank of China plans to issue US$l billion in the global bond market, its first dollar debt issue since 1999. Market sources yesterday said the bank had mandated Citigroup, Goldman Sachs and HSBC Holdings to sell the 10-year
        Reuters  -  65 words
      • 89 11 Bloomberg [HONGKONG] Hong Kong s consumer prices fell 0.9 per cent last month, the least in almost three years, as rising household spending and booming tourism enabled stores, hotels and restaurants to slash discounts. The decline from a year earlier followed a slide
        Bloomberg  -  89 words
      • 122 11 Reuters [birM uAFUKEJ China s oil imports stayed at a brisk pace in May as diesel buying hit the highest since 1999 to combat a worsening power shortage, which was set to keep oil demand firm despite government measures to tame economic growth.
        Reuters  -  122 words
    • 405 11 BANGKOK Health insurers also benefit from govt's efforts to make Bangkok Asia's medical hub THAILAND'S aim to make the country a regional hub for medical care, plus greater health awareness, have resulted in Thai private hospitals and health-insur-ance firms seeing increased business from both
      405 words
    • 352 11 KUALA LUMPUR Paper says it may sign a deal with Asiaspace to offer broadband services MALAYSIAN energy company Tenaga Nasional is expected to venture into the information and communications technology (ICT) business by making use of its extensive fibre optic network, Malaysian Business Times
      352 words
    • 309 11 Bloomberg [KUALA LUMPUR] Malaysian Prime Minister Abdullah Ahmad Badawi called for the setting up of a new Asian fund separate from the International Monetary Fund, saying it will help boost regional development. "If we can have all the countries supporting the
      Bloomberg; REUTERS  -  309 words
    • 427 12 HONG KONG Analysts say the impending release of new flats will affect sentiment THE volatile Hong Kong property market received another blow following the Kowloon-Canton Railway Corporation's (KCRC) announcement on Sunday that it will put five big housing projects with more than 13,600 flats
      REUTERS  -  427 words
    • 153 12 BEIJING AP YAHOO yesterday launched a Chinese-lan-guage search portal, following Google's lead in manoeuvring for a stronger foothold in one of the world's biggest Internet markets. The introduction of Yahoo's new web site, http://www.Yisou.Com, follows Google's acquisition last week of a minority stake in Baidu.Com, China's
      AP  -  153 words
    • 372 12 HONG KONG It warns of revenue fall after a 9% drop this year THE Hong Kong Jockey Club has warned the government that failure to reform the way horse racing is taxed will result in a further drop in revenue next season, South China
      372 words
    • 224 13 Bloomberg [TAIPEI] Taiwan said it hired Jaw Sheng Kong, who upset China by arranging meetings with US officials in 2001 as a banker with Credit Suisse First Boston (CSFB), as chairman of the newly formed Financial Supervisory Commission. Mr Kong, 48, is
      Bloomberg  -  224 words
    • 443 13 TAIPEI Their investment rose to US$2.8b in the first five months of this year Bloomberg DESPITE recent crossstraits tension, Taiwanese companies' investment in China tripled in May from a year ago as companies such as AU Optronics and Taiwan Semiconductor Manufacturing Co expanded
      Bloomberg  -  443 words
    • 302 13 BEIJING AFP CHINA'S power regulator has submitted an emergency plan to the cabinet to prepare to tackle the most serious electricity shortages since the 1980s, state media reported yesterday. The weekly Economic Observer said the plan aims to respond to large-scale blackouts
      AFP; AP  -  302 words
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  • Page 13 Miscellaneous
    • 272 13 CRYPTIC CROSSWORD 7 Large number swindled by criminal (7) _J Food a dieter may wish to Hjj IB Hi H|| 10 Result of disruption in m m 11 Act amorously? What a |HL_ BBHBHL __JHL_BH 12 Gained ground having been Lmm —mm L| mmm —mJ reprimanded (6,2) H HQ 14
      272 words

  • Article, Illustration
    1070 14 Transaction date.Jun 21 DITERBAMK CROSS RATES AS C$ Rmb Euro HKS Ind Rs Ruplah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr HT$ Baht Pound US$ Australia 0.939 5.701 0.569 5.372 31.620 64.762 0.749 7.968 2.618 1.099 39.929 38.689 1.186 4.410 0.859 ***** 28.191 0.376 0.689 Canada
    1,070 words
  • 1594 14 SICOM FUTURES Jun21 RUBBER Futures (Closing prices) RSS1(S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest 04 ***** Aug 04 236.75 Sep 04 ***** Oct/Dec 04 232.00 Jan/Mar 05 233.75 Apr/Jun 05 236.75 RSS 3 (US cents/kg) Volume Open Month High Low Sett (tonnes) Interest Jul 04
    1,594 words
  • WORLD news
    • 468 14 NEW YORK Purchase of Alabama bank will expand Wachovia's footprint in the fast-growing US South NYT Bloomberg WACHOVIA Corp will buy South Trust Corp of Alabama for US$l4.3 billion, a deal that would bolster the fourth-largest US bank's position in nine southern states.
      NYT; Bloomberg  -  468 words
    • 189 14 SYDNEY Reuters NATIONAL Australia Bank Ltd, recovering from a damaging board row, yesterday said it has appointed one of the country's most respected executives as its future chairman. Australia's largest bank said Wesfarmers Ltd chief executive Michael Chaney would join the board in December
      Reuters  -  189 words
    • 268 14 TOKYO Reuters US fund Carlyle Group and Japan's Kyocera Corp will buy a mobile operator from KDDI Corp for US$2 billion in the biggest leveraged buyout in Japan so far this year. Washington-based Carlyle, which has more than US$lB billion under management, and
      Reuters  -  268 words
    • 433 15 NEW YORK Citigroup to halve stake in Japan's third-biggest brokerage GENERAL Electric plans to bring together all its consumer finance businesses under a single global brand in preparation for an aggressive expansion into retail banking, the Financial Times said yesterday. GE Money, as
      433 words
    • 191 15 NEW YORK Bloomberg GOOGLE Inc, which runs the world's most-used Web search engine, said investors who wish to buy shares in the company's U552.72 billion initial public offering must purchase a minimum of five. It said in a Securities and Exchange Commission filing
      Bloomberg  -  191 words
    • 478 15 SINGAPORE Asia should re-examine policy of accumulating large forex reserves Reuters ASIA remains vulnerable to a leap in oil prices and governments should cushion the shock by letting their exchange rates rise, the Asian Development Bank (ADB) said yesterday. The Manila-based lender
      Reuters  -  478 words
    • 219 15 PARIS Reuters JEAN-MARIE Messier, the former chairman and chief executive of French media-to-telecoms group Vivendi Universal, was taken into custody as part of a probe into suspected stock manipulation, French judicial sources said yesterday. Prosecutors are investigating whether French stock market rules were violated when
      Reuters  -  219 words
    • 302 17 Purchase would help Bacardi enter premium vodka market Reuters [MIAMI] Privately-held Bacardi Ltd said on Sunday it had reached an agreement to buy the Grey Goose premium vodka business, a fast-growing brand that would make Bacardi a serious player in the vodka
      Reuters; AFP  -  302 words

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    • 129 15 g v* -..I 1 V, w| :i SBiViV 1 a V HiF A 11 I ■KL<W t I Companies can nominate themselves for the 2004 Enterprise awards by completing the official nomination form. Companies must be home-grown, privately-owned *j* /i and incorporated under Singapore's Companies Act {1994 Revised Edition), with
      129 words

  • 4882 16 Transaction date: Jun 21 HONG KONG Vol HK Exchanges Clearing..14.95 -0.25 5141 ■fHIMi HKS 000 HKR Int'l 2.20 -0.03 822 <->11 UNA Avisionlnc 21.70 -0.20 0 looksmart 016 0.01 426 Marubeni Corporation 264 1 3672 BangkokLand 0.94 0 06 *****5 Matahari Putra 500 00 -25 00 30 Hong
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  • 2595 16 Transaction date.Jun 21 KUALA LUMPUR Genting 15.40 -0.10 152 Malaysia Airports Hldgs 1.39 0.01 16 Rex Industry 1.39 -0.02 11 Vo l George Kent 0.81 -0.01 89 Malaysia BuildingSoc 0.66 -0.02 3 RH8Capital 1.84 -0.01 1455 RM fOOO) GlobetronicsTech 0.52 -0.01 777 M Int'l Shipping 11.90 0.10 651 RHB
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  • 887 16 Transaction date: Jun 21 Stock mw rn Oom Puny Stodmaw Wt Oat Chug* Allgreen 50c 0.28 0.900 -0.020 NOL 1.74 2.180 0.020 BIL Intl US20C 0.40 0.755 -0.005 OCBC 9.31 11.900 -0.100 CapitaUnd 0.97 1.290 +0.010 Parkway H 25c 0.57 1.100 Chart SemiCond 26c 1.16 1350 -0 030 People
    887 words
  • 805 16 BONDS WARRANTS Prem Expiry Tel Last Vol Conv Exer Disc Gear- Mths C»4« Clinp—y SaU ('OOP) Itatlo Wo lag left 3779 ASL Marine HldgsW*****1 13.5 0.5 5 1 53 39 3.56 46 3698 ASTIW*****1 30.5 1 16 1.52 0 3697 Acma Ltd W*****6 .0.5 1 50 677 13.00 5 3602
    805 words
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  • 4907 17 Transaction date: Jun 21 w urt 9*y Lart Quote GrOiv Div GrYW Net MCap S2m¥» Td Last Vol Day LMtOuotc GrOv [Vv aru Mat Mr» Hql» U»» Code 0w 1 Mn y 5*—± ***8h low Buyer ScBer C» fit >3 High Lot Code Cowpwy Sale W fOOO) W»
    4,907 words
  • 71 17 Comoanv UrtQuote GrDiv Dtv GrVM Nat MCap High low Coo* Comply < 000' High Low »uyw Sifa Cvr Wt tmS 2060 2000 6065 Diamonds US2060xd 2120 6095 IS DJ US Tech US3740cd 6097 IS MSG Spore USSSS 6101 IS S&P500 US8270cd 2120 ***** ********** 6170 STORS US*****xd 2120
    71 words
  • 1793 17 Ufa*?—. lHu J l*t Quote GrOiv Drv GrYld Net MCai H>» Urn Cod* Company Sale +j- (000) »0i Low Buy* S<4tot Cor Prt siml 26 12.5 5000 ABRHIdgsSc 12.5 unch 2 12 5 12 5 12 5 14 ui Ji ?12J *1 19 30 30 30 30.5 5
    1,793 words
  • 346 17 52 Wk Tel Last Vol Day Let Quote GrOrv Dry GrVM Net MCap Wjh low <Lo4» Cowipaay Salt *1- 000) High U» luyr S«*f Cw HI jam 228 142 6000 AVJennings A25c A185cd -3 26 188 185 185 186 44 10.6 5.9 5.8 3982 6001 Cathay Pac 20c
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  • Page 17 Advertisements
    • 174 17 lIIHfIHfIiIfIHHHHHHfIfIfIHHHHHHNr M"'* > fi''* <^' -J- ~t „L-J- i ~i, i, .1. „i I j J 5. l fMI Xplorer 1 i-j- >A I life, live it. IjilJ '"°l I A a/ v fo-STn BULL or BEAR? IS4S-. 1. .-V, I Low (1521.33), ■S' ay I Latest stock updates on
      174 words

  • BEYONDSINGAPORE
    • 1005 18  -  Expanding abroad, combining resources and diversifying into non-traditional sectors ensure that the industry does not stagnate. IE Singapore's Andrew Khaw talks to TEH SHI NING about the challenges facing the industry TEH SHI NING WHEN precision engineering companies move up the value chain, out into
      ARTHUR LEE  -  1,005 words
    • 976 18  -  Company founder Vikas Goel offers some tips for companies venturing overseas. UMA SHANKARI reports UMA SHANKARI EFFICIENCY. That's what hard disk drive (HDD) distributor and computer manufacturer eSys Distribution is able to offer customers as it continues to expand abroad. "What differentiates
      ARTHUR LEE  -  976 words
  • Page 18 Advertisements
    • 100 18 2004 Year of Intel-nationalisation gg I International Enterprise Singapore (IE H| Singapore) has designated 2004 as the "Year of Intemationalisation" to mark the start of a H decade of internationalisation, characterised by |H three strategic thrusts: catalyse private sector- H led internationalisation, maximise connectivity with growth markets and promote Singapore
      100 words

  • SHIPPING TIMES
    • 562 19  - ISPS bill for industry US$1.5b a year But the costs could be offset by gains in efficiency and reduction in theft, fraud: report By Donald Urquhart [SINGAPORE] The global shipping community will foot a bill of more than US$l.5 billion annually on top of a US$2.6 billion initial cost as
      REUTERS  -  562 words
    • 553 19 KL assures Adm Fargo of help to fight terrorism, but rejects joint patrol AFP [PUTRAJAYA] Malaysia and the United States mended fences yesterday after an angry dispute over protecting international shipping against terrorist attacks in the vital Malacca Straits. The visiting commander of
      AFP  -  553 words
    • 174 19 Bloomberg [LONDON] Greenpeace, the environmental activist group, has boarded a vessel it claims is transporting US genetically modified crops and is preventing it from docking in the UK, the coastguard says. Four Greenpeace campaigners approached the ship, named Etoile, by boat and
      Bloomberg  -  174 words
    • 312 19 SGX '000 Jun21 S$ W- Vol CH Offshore 0.36 unch 193 Chuan Hup .0.51 0.01 400 Cosco Investment 0.74 unch 2072 CWT Distribution 0.47 -0.01 10 Ezra Hldgs .0.96 -0.02 21 Freight Links 0.09 unch 640 GB Holdings 084 0.01 36 Java Holdings 0.79 -0.01 524 K1 Venture
      312 words
    • 243 19 Bloomberg [LONDON] Oil tanker rates for shipping crude from the Middle East may rise next quarter as Opec boosts output to temper near-record prices, increasing demand for vessels owned by companies such as Teekay Shipping and Frontline. "There are lots of positive signs
      Bloomberg  -  243 words
    • 283 19 Reuters [TOKYO] Powerful typhoon Dianmu, which killed three people as it lashed western Japan yesterday, has forced at least nine oil refineries to halt crude oil unloading and product shipment by sea. Japan's biggest refiner, Nippon Oil Corp, said it had stopped
      Reuters; AP  -  283 words
    • SINGAPORE news
      • 632 20 State-owned lender may sell shares as global depository receipts or to private equity funds Bloomberg [SEOUL] Korea Development Bank scrapped plans to find a single buyer for its controlling US$736 million stake in Daewoo Shipbuilding Marine Engineering Co, the world's second-larg-est ship
        Bloomberg; FILE PHOTO  -  632 words
      • 241 20 StoltNielsen unit revamp to focus on Rotterdam [LONDON] Stolt-Nielsen's wholly owned parcel tanker business, Stolt-Nielsen Transportation Group Ltd (SNTG), is being restructured with more functions being centralised at Rotterdam. Otto Fritzner, SNTG's newly appointed chief executive, said: "The enhancements we are announcing will increase the efficiency of our operations and
        241 words
    • 106 20 PAGE Gemartrans 4 PACC Cont 5 Austral AL 5 Hamburg Sud 3 Pan Ocean 5 Bank Line 4 Hangli 4 Rkkmers 5 BSA 4 Heung-A 3 SCI 4 B'tangMas .5 IRISL 5 Seaward 4 CMA CGM 3 Kyowa 5 Senlim 3 COSCO 3 KMTC 3 Senator 4
      106 words
    • 6701 24 THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Teleohone S,N ,f* stn J* 3 Name. Number Number SIN Desfn Name Name Number Number SIN Oestn
      6,701 words
    • SHIPS IN PORT
      • 505 25 Vessel Voy No Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL BANGSRIMUANG DENNIS J10 A/SIDE 22/06 2300 DAXIN 035W J16 A/SIDE 22/06 0500 KEN TEN UC 167 J22/23 A/SIDE 22/06 0800 TG JOHOR 18 2407R J8/9 A/SIDE 22/06 0630 VAN PHONG 008E J17 A/SIDE 22/06 0400 WAKATO 12 J8 A/SIDE
        505 words
      • 1698 25 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vessel Out In Bth Berthing Un- Berth Vessel Out In Bth Berthing Un- Berth Vessel Out In Bth Berthing Un- Berth Name Voy Voy seq berthing Nmbr Name Voy Voy seq berthing Nmbr Name Voy Voy seq berthing Nmbr ACXDAHUA 077S 077S 1
        1,698 words
      • 550 25 Carbon 180 Ma* 986.7 0.3 14.3 0.04 46 0.02 i un «7 Density Water Residue AshAluminium Sediment No above E25 0 0 0 0 JJ 1 rZT u 380 Ave 987.6 0.2 13.7 0.04 27 0.02 Eiim 380 Ma* 991.9 0.6 17.7 0.07 49 0.07 K6/W3
        550 words
      • 110 25 Jun 22 HK: Tuen Ng Festival. Taiwan: Dragon Boat Festival. Jull Canada: Canada Day. HK: HK Spe Adminis. Jul 4 USA: Independence Day. Jul 14 France: National Day. Jul 15 Brunei: HM The Sultan's Birthd. Jul 15 SKorea: Constitution Day. Jul 19 Japan: Marine Day. Malaysia: Agung Birthday.
        110 words
      • 745 25 THIS report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
        745 words
    • AIR & LAND transport
      • 488 26 Daily flights via HK to pat pressure on BA and Qantas Reuters [HONG KONG] Richard Branson's Virgin Atlantic Airways is to begin flying from London to Sydney via Hong Kong on Dec 7, intensifying competition with British Airways and its Australian partner Qantas.
        Reuters  -  488 words
      • Article, Illustration
        93 26 [LONDON] Virgin Atlantic boss Richard Branson carrying Nigerian girl Virginia, who in March became the first child to be born on one of his airline'sflights. The girl arrived mid-air on a London-bound flight from Lagos even though her mother Abimbola Eduwa had been told by doctors that her second
        AP  -  93 words
      • 206 26 [SINGAPORE] Singapore Airlines (SIA) and Japan's All Nippon Airways (ANA) will launch a code share agreement from Aug 1 for flights between Singapore and Japan. The agreement covers ANA's seven weekly flights to Singapore and SlA's 42 weekly flights to Tokyo and other
        206 words
      • 139 26 Bloomberg [SEOUL] Asiana Airlines Inc, South Korea's second-largest carrier, said it filled more seats with paying passengers last month from a year earlier after Sars abated and an economic recovery helped lift travel demand. The Seoul-based carrier filled 70.8 per cent of its
        Bloomberg  -  139 words
      • 276 26 Passenger plane lands at wrong airport air force base AP [ST. PAUL, Minnesota] A Northwest Airlines flight that was headed to Rapid City, South Dakota, landed a few kilometers off course at Ellsworth Air Force Base, and passengers had to wait in the plane for more than three hours while
        AP  -  276 words
      • 126 26 Reuters [HONG KONG] Hong Kong Dragon Airlines said yesterday it flew fewer passengers in May than April as less people travelled to China during the week-long holiday to mark Labour Day. Dragonair said it flew 328,675 passengers in May, 13.9 per cent fewer than
        Reuters  -  126 words
      • Article, Illustration
        64 26 [SEOUL] South Korean special police officers walk with sniffer dogs along a high-speed bullet train during a security patrol at the Seoul Railway Station yesterday. Security has been tightened after Seoul said it will go ahead with its plan to send troops to Iraq despite the abduction ofa
        AP  -  64 words
      • 211 26 Reuters [NEW YORK] United Airlines' parent plans to reduce its request for federal aid and seek some US$5OO million in new equity to try to reverse a US government denial of a US$l.6 billion loan guarantee, the Wall Street Journal reported yesterday.
        Reuters  -  211 words
      • 347 26 Bloomberg [TOKYO] Japan Airline System and All Nippon Airways, the country's two biggest carriers, together cancelled at least 133 domestic flights yesterday to avoid flying into Typhoon Dianmu, which has reached Japan's southern islands. Japan Airlines cancelled 63 domestic flights as at 12.45 pm,
        Bloomberg  -  347 words
      • 2178 26 OTY FlICMT ETA FUCHT CTP EK430 2005 N***** 1415 AC9952 1240 0F31 0405 0F32 0915 M* 8*7382 2215 Frmkfwt AC9951 0630 LH9765 1345 S0319 1415 $0320 1240 S0220 1420 IH9784 0930 0F82 2215 LH9762 0630 S0326 1345 VS7319 1415 VS7320 1240 IH9769 1745 S0219 0930 LH9770
        2,178 words
  • Page 19 Advertisements

  • Page 20 Advertisements
    • 651 20 I IMPORT NORTH AMERICA AUSTRALIA/NEW ZEALAND [super gmrrn g fyprpm mw I AUSTRALIA ASIA EXPRESS (AAX) VESSEL VOT IGB SIN PKG mmmmm PtO NEDUOYD SOUTHAMPTON 42W23 10/04 28/06 29/06 VtSStL 5!? 5!! ™L_ OCX ININGBO 01W24 16/06 04/07 06/07 PtO NEDUOYD ADCIAIDf 78N OMT 14/04 16/06 11/06 22/06 27/06 21/06
      651 words
    • 545 20 Lines services represented by A Members of the Registry of (l fijgjlw Accredited Shipping Agents, Singapore Shipping Association Members of the Singapore Logistics Association gjgj LILY UNE MALE /'vessel voy eta ha eta A P. KUNG SPORE MALE KotaTeguh XTGI29 25/06 05/07 Maid Carrier 748 '02/07 05/07 13/07 Maid Carrier
      545 words

  • Page 21 Advertisements
    • 769 21 MOL Combines a range of shipping modes io ensure timely, reliable services covering major ports in North America, Europe, Japan, Asia, Africa Oceania. Also accept intra-Asia Cargoes to: BUSAN KWANGYANG SHANGHAI YANTIAN XIAMEN QMGDAO BEIAWAN J JAKARTA SURABAYA KAOHSIUNC BANGKOK LAEJW CHABANG HOCHIMtMH PASiR GUDANG PENANG PORT HUANG For Schedules,
      769 words
    • 946 21 GENERAL AGENTS IN SINGAPORE: 16 RAFFLES QUAY #36-01 SALES/ BKGS TEL 6420 5857/43 FAX; 6238 5321/24 COSTAR SHIPPING PTE LTD HONG IiONG BUILDING OUTWARD (B/L) *****802 6238 5325/75 dec un losoniioir INWARD(D/O) *****786 *****319/49 KEG NO. *****1787G TEL 6226 1900 (MAIN) T/SHIPDEP 6420 5825 *****316/46 JOHOR'S OFFICE: CR NO: **********0
      946 words
    • 597 21 VESSEL VOY SIN PKG GQtDFN TRADE 403N I 24/6 7S/6 74/6 "T1 NEW DYNAMIC 043 A ~WT 26/6 I HERTFORD 005N 129 6 I 30/6 2/7 I-I I I**™ BRIDGE 05ZA _J/7 3/7 1 GOLDEN MERCHANT 1477N I 6/7 17/7 I 9/7 I I I NEW DYNAMIC 064 A 8/7
      597 words

  • Page 22 Advertisements
    • 1227 22 W\WAN HAI LINES Y Tel: 6226 1588 Fax: *****163 INTRODUCING:- NEW WEEKLY EXPRESS SERVICE TO: EUROPE f ROTTERDAM HAMBURG ANTWERP CALLING SIN EVERY Saturday For more details, call HOTLINE: 6226 1588/ 1800-*****00 nortrans shipping agencies jyf l\l (In I K/XIMN 29 Int'l Business Park #05-05 Acer Blda Tower B S-*****3
      1,227 words
    • 776 22 BSA -L MYANMA FIVE STAR LINE (Myanmar National Line) Loading for Yangon VESSEL VOT SIN PKI PEN PGU PAGAN 328W SIO HPA-AN 320W SLD SID IN MALAYSIA: lOUSTEAD SHIPPING AGENCIES KUL 03-*****300 PKL 03-*****101 PIN: 04-*****02 jiummi ACCEPTING CONVENTIONAL C9O VESSEL VOY HKG SIN PGU PKI KUC PtIIKESS 59 SID
      776 words

  • Page 23 Advertisements
    • 1304 23 VESSEL VOY SIN PKL PXB BAB PMM BIK CHABAHAR iKHORRAMSHAHRI IRAN KORDESTAN PCI 8036 24/06 SKIP 07/07 06/07 15/07 17/07 19/07 VJfZjL IRAN SHAHRYAR PCL 8035 27/06 28/06 08/07 07/07 16/07 18/07 20/07 tt/07 IRAN SATTARI PCI 8037 08/07 09/07 18/07 19/07 26/07 28/07 30/07 01/08 IRAN KORDESTAN PCL 8038
      1,304 words
    • 495 23 k UK CONTINENT SERVICE Loading for KEELUNG RTM/ATW/BMNAJK/NAN ANTONIS RTM/ATW/BMNAJK/NAN STARLY RTM/ATW/BMN/UK/NAN Loads Singapore, EVW. Malaysia, Indonesia MIDDLE-EAST SERVICE Loading for PAN VOYAGER DBI/ABU/DOH/BRN/DMM/KWT PAN BRIGHT ADN/HDD/JOH/AQA PLAMER DBI/ABU/DO H/BRN/DMM/KWT AMARYLLIS DBI/ABU/DOH/BRN/DMM/KWT GOLDEN SUN ADN/HDD/JDH/AQA •Loads Singapore, EVW Malaysia, Indonesia USA SERVICE Loading for SIFNOS BAY CAM/NOL/NFK/SAV/TPC TAUROA POINT VCW/LAX/MZL
      495 words
    • 650 23 VESSEL VOY SIN PGM VESSEL XQI UN JKI PAC lANOA 1229H 12/06 13/06 AiAMJAYA 2 SSfifi 13/24 11/24 WANDA 1230W U/06 11/24— gWMAMKP MM 15ZM 1744 PACIANDA 1231N 15/06 15/06 PAtMHTMI 5252 UM 11/H PAt lANDA 1232N 14/24 U/06 AiAMJAYA 2 »901 20/06 22/06 pacianpa 12m iz/24 ia/06 IH^^H7J!nTnnTT7nV^HHi PAC
      650 words


  • Page 25 Miscellaneous
    • 123 25 |regional weather— 24 5 FOR 7AM 22 Jun 2004 Issued by Meteorological Service Division.NEA LEGEND: Thunderstorm Wind speed symbols showers Fu circle w/o line indicates calm or light and variable winds p a j n One half fleche represents 5 knots Cloudy Day -One full fleche represents 10 knots ix
      123 words