The Business Times, 6 September 2004
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2004-09-06
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The Business Times
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Title Section15 2004-09-06 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asial.com.sg MITA (P) 023/03/2004 Monday, September 6,200415 words
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Article, Illustration124 2004-09-06 1 Young Investors' Forum More undergraduates have started dabbling in stocks and shares, say brokerages. BT's new weekly Young Investors' Forum page wiU show students in the local universities and polytechnics how to plan for their financial future. PG 3 14 Dining out Every Monday, a one-page eating guide124 words
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Article134 2004-09-06 1 MARKETS Week Change STI 1936.55.......+20.65 KLSE COMP 841.90. +20.41 NIKKEI 225 *****.49.. -187.10 HANG SENG *****.10 +129.68 SET INDEX 629.08 +8.96 JAKARTA COMP 786.49 +39.73 MANILA COMP 1627.96 +45.92 TAIPEI TAIEX 5761.14... -36.57 SEOUL COMP 820.69 +10.39 SHENZHEN B .220.79 +4.32 AUST ALL ORD 3584.40 +15.70 DOW JONES134 words
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Article32 2004-09-06 1 TOP STORIES ...PG 2-3 COMPANIES... PG 6-7 MARKETS PG 8-9 ECONOMY ..PG 10-11 SINGAPORE PG 12 FOREIGN PG 15-19 AVIATION PG 20 STOCKS .......PG 22-23 SHIPPING ....PG 24-28 BIZIT PG 29-3232 words
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311 2004-09-06 1 Reuters, AFP, AP [JAKARTA] The 10-mem-ber Asean grouping will begin negotiating free trade agreements with Australia, New Zealand and Japan next year. Australia Trade Minister Mark Vaile yesterday said negotiations between the Association of South-east Asian Nations (Asean) and Australia and New ZealandReuters,; AFP,; AP - 311 words
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750 2004-09-06 1 SIOW LI SEN - BT Exclusive Data will help non-bank lenders provide credit at less risk By SIOW LI SEN [SINGAPORE] Moves are under way to build up a credit database of lower-in-come people and others who have trouble borrowing from banks because they don't meet750 words
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Page 1 Advertisements
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Advertisement44 2004-09-06 1 mmgm wall st rally Old Economy soars but ■BLmp tech stocks sink pg 2 BT ONLINE For the latest financial news, currency movements and a 7-day archive, visit business-times.asial .com.sg This sen/ice is available to subscribers from 4am Singapore time (2000 GMT) each day.44 words
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Advertisement244 2004-09-06 1 F WJ| OPTIMISTIC OUTLOOK India's economy won't slow down: 8 PM Manmohan Singh pg 10 AUDACIOUS AMBITION CEO Sim Wong Hoo spells out Creative's four-brand strategy pg 29 BEWMr^ :om.sg MrrA(P) 023/03/2004 Monday, September 6,2004 A W,■ IpCv Views from the top Every Monday, starting today, V J? Wr top244 words
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TOP STORIES
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Article, Illustration656 2004-09-06 2 ANDREW MARKS - But analysts warn it's not time to go bargain hunting in the tech sector By ANDREW MARKS in New York THE coming week marks the end of the summer for Wall Street, and many traders coming back to New York City afterSource: Bloomberg - 656 words
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Article601 2004-09-06 2 US markets seen rallying sans IT stocks WALL Street players expect US markets to resume its rally this week, but with companies deferring spending on information technology. IT counters are not expected to perform as well as Old Economy stocks. TOP NEWS, THIS PAGE More students play the601 words
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Article, Illustration1125 2004-09-06 3 JOYCE KOH - Number of undergraduates who opened trading accounts has risen 21% over last two years By JOYCE KOH [SINGAPORE] Some are curious, others want to learn and still more just hope to cash in on that quick buck. Indeed, more students are opening share trading accounts1,125 words
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Page 2 Advertisements
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Advertisement235 2004-09-06 2 Hi i The School of Civil and Environmental Engineering, Nanyang Technological University, is offering a Master of Science programme in Maritime Studies. The programme, which is jointly conducted with the Norwegian School of Management (Bl), covers various areas including shipping management, maritime economics, maritime logistics, maritime insurance, brokering and chartering,235 words
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Advertisement22 2004-09-06 2 Recruit the one you want for any position you have t Call 1800 289 8822 or email recrvtt@sph.comsg for your recruitment solutions22 words
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Advertisement380 2004-09-06 2 Pffl University of South Australia International Graduate School of Management EQUIS ACCKtDITCD "Finding your way through the maze of Pro Vice-Chancellor Doctoral Research" aB!S Covers The differences between PhD DBA How to complete a doctoral research How to identify a workable research topic successfully M e n, j Time 7.45380 words
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Page 3 Advertisements
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Advertisement129 2004-09-06 3 MMh Feast your eyes on the Sony LCD and Plasma WEGA. Appreciate every subtle nuance of colour w ou m,ss,n 9 a single detail with WEGA Engine's advanced full digital processing for unmatched "£%ZT klvS v picture quality. Framed within a sleek floating-glass design, the LCD and Plasma WEGA are129 words
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VIEWS FROM THE TOP
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Article, Illustration4065 2004-09-06 4 THIS WEEK'S TOPIC The government has projected 8-9 per cent economic growth this year. Are business prospects for your company, or the industry you are in, just as good for the year as a whole? And do you feel that high growth can spill over4,065 words
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Page 4 Advertisements
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Advertisement126 2004-09-06 4 BT CEOS CLUB LAUNCHED In the past two weeks, The Business Times has invited many of Singapore's top corporate leaders to join the BT CEOs e-Club. These are top executives whom BT editors would like to interact with in an atmosphere of informality and trust. For now, this club' will126 words
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COMPANY NEWS
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Article, Illustration703 2004-09-06 6 WONG WEI KONG - Deal will enable global customers to trade SGX futures contracts online By WONG WEI KONG REUTERS'S customers worldwide trading Singapore Exchange futures contracts at the touch of a console button. That could become a reality if talks between Reuters and SGX pan out. SuchARTHUR LEE - 703 words
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682 2004-09-06 6 WONG WEI KONG - HOCK LOCK SIEW By WONG WEI KONG SHOULD companies making initial public offerings (IPO) be given more leeway to make earnings projections? Last week, the chairman of Zhongguo Power Plus had to withdraw a profit guarantee made public just a day before the company682 words
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Article, Illustration424 2004-09-06 6 KENNETH LIM - By KENNETH LIM Compiled by BT INITIAL public offerings appear to have lost quite a bit of their shine recent listings are attracting just a fraction of the application monies secured at the start of the year. A check with the 44 IPOs that listedCompiled by BT - 424 words
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Article, Illustration463 2004-09-06 6 KENNETH LIM - By KENNETH LIM MALAYSIAN tycoon Amin Shah is set to take control of the financially troubled L&M Group Investments with an agreement to inject a 20 per cent stake of his Malaysian-listed PSC Industries into the Singapore construction group. In a463 words
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Article, Illustration427 2004-09-06 7 TEH HOOI LING - STI has ended lower in 12 of the last 19 Septembers but Oct looks profitable By TEH HOOI LING WE are now into the ninth month of what is essentially a rather dismal year where stock market performance is concerned. Perhaps we have oneREUTERS - 427 words
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Article, Illustration543 2004-09-06 7 INVESTORS watching bank stocks closely must have noticed the widening price gap between OCBC Bank and United Overseas Bank Group in the last few weeks. But a key reason behind the strength of OCBC shares has been the bank's share buyback programme. Since theAFP; Source: Bloomberg - 543 words
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Page 6 Advertisements
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Advertisement7 2004-09-06 6 FOR ONLINE BOOKING ONLY www.bruneiair.com W yalbrunei7 words
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Page 7 Advertisements
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Advertisement694 2004-09-06 7 Invest in the wealth of health ImßlSsttltTiTiM Invest In a healthier tomorrow. The United Global Healthcare Fund. However healthy your investment portfolio, the United Global are options for potential growth. The Fund is managed by Healthcare Fund (the "Fund") can still perk it up. Despite the award-winning team of fund694 words
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SINGAPORE MARKETS
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Article, Illustration1054 2004-09-06 8 TEH HOOI LING - TEH HOOI LING Correspondent ,U':» ■;:*£>- The performance of die Singapore market again polarised into two segments with the heavyweights firming while the second-liners drifted lower due to lack of support Consequently, most of our portfolios finished weaker last week. The analysts' upgrades portfolio saw the1,054 words
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Article, Illustration1379 2004-09-06 8 ROBERT HALILI - INSIDE MARKETS The net buy figures matched the bullish May figures when heavy buying was followed by a steep rise in the STI, says ROBERT HALILI ROBERT HALILI THE sentiment in August turned out to be the most bullish in the past1,379 words
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Article, Illustration681 2004-09-06 9 R SIVANITHY - STOCKS The phenomenon holds for almost all fields of scientific observation, the stock market included R SIVANITHY Senior Correspondent WHEN 19th Century scientist Francis Galton set out to investigate the inheritance of physical traits in fathers and sons, he discovered a now-widely acceptedBLOOMBERG - 681 words
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Article335 2004-09-06 9 CURRENCIES [HONG KONG] Asian currencies experienced a mixed week against the dollar, with the yen and the Australian unit losing ground while the peso and baht moved ahead. Japanese yen: The yen lost ground slightly against the dollar on better-than-expected US factory orders, dealers said.335 words
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Article83 2004-09-06 9 Events investors can watch out for Del Monte's dividend payment. Sept 7 Great Eastern's dividend payment, Sept 7 Pan-United's dividend payment, Sept 7 Roly Intl's dividend payment, Sept 7 CEI Contract's dividend payment, Sept 8 Huan Hsin's dividend payment. Sept 8 HTL Intl's dividend payment, Sept 9 Challenger's83 words
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Article796 2004-09-06 9 Pay mint b looks Pw Payment Ex Books Fay '*> <nw a iSi l g a MMIwrtriik I Ml IHf iMf OswnlndSc 170 31-Aug 03-Sep 17-Sap A£M IwrttdiSt MB IV5f 2Mf 3Mf OUE j 6.00 27-Aug OlSep 1S-Sq> Amtek Engg20c F SJO OSWov 10-No» 23-Nov Pan-United 10c I796 words
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Article, Illustration1571 2004-09-06 9 Compiled by Thomson Financial l/B/E/S The Stock recommendation is the average of all the recom- Nimtoer FORECAST Median Number FORECAST Median Number FORECAST Median mendations submitted by analysts following the stock. There recommendation of EPS PE Target recommendation of b* pe Taraet recommendation of eps pe t^S is1,571 words
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ECONOMY WATCH
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Article, Illustration768 2004-09-06 10 But he adds that inflation and poor rains may exert a short-term impact AFP [NEW DELHI] Prime Minister Manmohan Singh is confident that India's rapidly expanding economy is not facing slower growth despite being hit by a patchy monsoon and soaring inflation. However, he concededAFP; AP - 768 words
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442 2004-09-06 10 VIKRAM KHANNA - BT Exclusive By VIKRAM KHANNA MANY of the original fears that India's 100 day old government would softpedal on economic reforms have been proved unjustified, said one of India's prominent economywatchers in an interview with BT. Arvind Virmani, director of the Indian Council for442 words
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Article, Illustration629 2004-09-06 11 RONNIE LIM - Oman/Dubai and Asian crudes are the industry's operational reference prices RONNIE LIM Energy Editor MOST headlines screaming where oil prices are these days refer to New York's light sweet crude (West Texas intermediate, or WTI) or London's Brent (North Sea crude) as global price629 words
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241 2004-09-06 11 AFP [WASHINGTON] The best of times, or the worst of times. The US economy is the strongest in years, or is mired in the deepest employment crisis in decades. This dichotomy has been highlighted in recent economic data, notably Friday's payrolls report, whichAFP - 241 words
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281 2004-09-06 11 AFP [JAKARTA] Asean finance ministers yesterday ended a meeting which saw South-east Asia edge closer to a Europe-style single market, laying out a "road map" for integration and opening doors to wider global trade. Under plans due to be ratified at anAFP - 281 words
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Page 10 Advertisements
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Advertisement129 2004-09-06 10 September is a month of marvellous mushrooms at Cafe Vic. Yes, Chef Paolo Alabiso outdoes himself again with exquisite mushroom dishes such as the delectable Porcini Salad with Shaved Parmesan and Truffle Oil, Porcini Mushroom Soup or Grilled Head of Porcini Mushroom. Or there's the decadent Tournedos with Morel Mushrooms129 words
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Advertisement214 2004-09-06 10 (((KONFTSL. NEVER BEFORE TRADE-IN PROGRAMME 2 weeks limited period only (1 15 Sept 2004) Trade in any old phone with speaker and you get to own a Konftel Audio Conference Unit at these incredible prices! lar e illum 'n*ted display keypad KT2OOEX for room sire up to recorder OUt P214 words
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Page 11 Advertisements
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Advertisement35 2004-09-06 11 I C.A.T.S. I Buy It. Sell It. Find It. ft Know the difference? An extra stroke, a whole new meaning. Learn Chinese with help from the experts. Find a tutor in Lianhe Zaobao Classified. ft35 words
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Advertisement123 2004-09-06 11 umB I ***"ij* ™JK^S2SS?5S^iRiC!_2®BBil^SBr^?-•' t||®|«WK»«m<IM r ti&M OPEN HOUSE Easy access to PIE ECP and Date 15 16 Sep 04 (Wed Thu) the future Kallang Paya Lebar Time :11am to 4pm Expressway Venue: Eunos Technolink Exclusive car and lorry parking Blk 7 Kaki Bukit Road 1 #01-04 Dedicated loading/unloading at123 words
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SINGAPORE NEWS
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Article, Illustration605 2004-09-06 12 CHEN HUIFEN - It's eyeing a S'pore listing for its non-Japan business within 3 years By CHEN HUIFEN ELECTRICAL goods giant Best Denki is using Singapore as its launchpad to expand into the region, following the recent relocation of its overseas enterprise division here. TheARTHUR LEE - 605 words
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308 2004-09-06 12 VINCE CHONG - By VINCE CHONG ANOTHER good-class bungalow (GCB) site is making its way onto the market as it seeks to take advantage of rising GCB buying sentiment. Jones Lang said it is putting up for tender a 43,000 square feet freehold site308 words
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Article, Illustration96 2004-09-06 12 AP THOUSANDS of jogging. stomping and hip-thrusting Singaporeans followed the lead of Prime Minister Lee Hsien Loong early yesterday morning as he kicked off the city-state s annual healthy-lifestyle campaign. After completing a 1.8 kilometre walk-a-jog, the estimated 12.000 participants on Sentosa assembled on aAP - 96 words
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Page 12 Advertisements
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Advertisement133 2004-09-06 12 Where to wine, dine and entertain... h: A Exdutslve Privileges Treats Michelin Star Guest Chef Bhatia Ist to Bth September 2004 OWtlul pHiiw maxX i u m British airways Tteat yourself to our beck by ptrfxriwr demand Asian Buffet and indulge In some all-time favourite delicacies Laksa, Mee Rebus, Spicy133 words
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Advertisement43 2004-09-06 12 MmL O-fave aCCyour T'hai favourites in our set menuyromo. QZnjoy a starter, a choice of 2 main dishes and dessert. All for only $18++ RAFFLES MARINA 10 Tins Wen Drive *****04 Tel: 6861 8000 Fu: 6861 1020 Email: ahoy@rafncsminna.coin.9g Web Site: www.rafflcsmahna.com.sg v43 words
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Advertisement25 2004-09-06 12 A small but GREAT S selection of WINES <X> I «>i iNA I BHHB|IH|hhhhBHH^H I i #02-02 Tanglin Shopping Centre Sfc Te *****213 *****699 *****17025 words
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Advertisement118 2004-09-06 12 1M E R II < MANDARIN SINGAPORET Gemstones of Sri Lanka 6-12 September 2004 Luxuriate in traditional High Tea Buffet 12.00 noon to 4.30pm delights tike Crab Meat with Coriander Weekdays (Mondays to Fridays) S3SS $2480 <adu "> $15 80 (child) Guest Chef Publis from Mount Lavinia Weekends (Saturdays and118 words
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DINING OUT
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Article, Illustration1702 2004-09-06 13 WILLIAM WHEY - Price-conscious diners know that it's not that difficult to eat well for $20 or more a head. So we upped the ante and looked for some of the best places to eat for $15 or less. Intrepid foodie WILLIAM WHEY scoured the CentralWILLIAM WHEY - 1,702 words
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Article, Illustration402 2004-09-06 13 CHEAH UI-HOON - By CHEAH UI-HOON ONK would have expected a version of Indian fusion from the kitchen of Chef Vineet Bhatia, the first ever Indian chef to obtain a coveted star in the French Michelin guide's 102-year-old history. Hut after a sampling of his degustation menu atSEAN TAN/ST - 402 words
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Article159 2004-09-06 13 DATE/ TIME EVENT VENUE 6-7 Sept 04 Conference on innovative RELC International 8:45 approaches to teaching Hotel, 30 Orange Grove Chinese in primary schools Road 6 Sept 04 Launch of Helping Hands Centrepoint level 2 15:00 charity drive 6 Sept 04 RMIT University Raffles City Convention 19:30 Graduation159 words
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Page 13 Advertisements
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Advertisement40 2004-09-06 13 L-/" v raAitfi *C 3at t V MsSt I 1 II«%INi «J^PV JIIHIBBIISIII Hrai| J™" 2noon 2 3opm 1 re. l fr 7 vVrf M, rff if"' 'li '17l l ''ff'lV^^^^H "f't ">- T| i J i r' f l^l,Aa '^r^^40 words
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YOUNG INVESTORS' FORUM
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777 2004-09-06 14 DANIEL BUENAS - By DANIEL BUENAS WHEN I was still a university student (which wasn't that long ago, mind you), 1 wondered why some of my fellow students bothered to read business papers. I was studying computer science at the time, and I always thought business777 words
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Article, Illustration748 2004-09-06 14 NANDE KHIN - Your friends and peers are starting to invest in the stock market and you want to be in the game too. You've got some money saved up and you don't want it to just sit in the bank. You'd rather take risks to get aGraphics: BEN CRUZ - 748 words
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Article, Illustration840 2004-09-06 14 Undergraduate Brauns Teo struck when the stock market was hot, and earned $3,000 last year from trading in the shares of newly listed companies. "At that time, the IPO market was quite hot so almost anything you bought, you wouldARTHUR LEE - 840 words
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MALAYSIA
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Article, Illustration655 2004-09-06 15 EDDIE TOH - MARKET MATTERS Investors could be better off by sticking to stocks of well-run companies in the current market run-up EDDIE TOH KL Correspondent THE unexpected release of former number two man Anwar Ibrahim has generated excitement in the political arena and in the stock655 words
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Article, Illustration533 2004-09-06 15 EDDIE TOH - Former DPM's release seen driving KLCI to new high By EDDIE TOH in Kuala Lumpur BROKERS have taken the opportunity to market Malaysian equities more fervently following the unexpected release of former deputy premier Anwar Ibrahim from jail last week. "Fundamentally, the533 words
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Article, Illustration571 2004-09-06 15 AFP, Reuters, AP [KUALA LUMPUR] Malaysian Prime Minister Abdullah Ahmad Badawi has denied that he struck a deal with rebel politician Anwar Ibrahim before Anwar was freed last week after nearly six years in jail. "1 don't deal with anybody," Mr Abdullah was quoted asAFP,; Reuters,; AP; AFP - 571 words
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Article1464 2004-09-06 15 Compiled by Thomson Financial 118/E/S Number FORECAST Median The stock recommendation is the average of al I the recom- Price mendations submitted by analysts following the stock. There RECOMMENDATION of EPS PE Target is a total of 29 brokers submitting recommendations but not COMPANY This Week/Last Week1,464 words
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GREATER CHINA
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563 2004-09-06 16 Investors worry about crackdowns but analysts say the clean-up is good Bloomberg [BElJlNG] China shares may decline after the government's takeover of Hantang Securities Co and three brokerages controlled by failed investment company Xinjiang D'Long Group Co because of worries about otherBloomberg - 563 words
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Article, Illustration645 2004-09-06 16 AFP (LONDON] At Jun Li's travel agency in central London, plans are already afoot to recruit extra staff and train new tour guides in preparation for an expected influx of visitors from China. But with Britain so far excluded from an agreement between BeijingAFP - 645 words
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Article599 2004-09-06 16 Reuters [SHANGHAI] China's online games industry fears it could be in line for a clampdown similar to the one hurting providers of mobile messaging services. The nation's mobile phone companies have cut off some services from firms providing entertainment and information via text messages afterReuters - 599 words
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281 2004-09-06 16 Bloomberg [WASHINGTON] The US will ask China to agree to a voluntary limit on textile and clothing exports in a bid to head off petitions and complaints from US textile makers. The Chinese apparel industry is beginning to understand thatBloomberg - 281 words
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Page 16 Advertisements
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Advertisement86 2004-09-06 16 Few franchises offer the lifestyle rewards we do. Join our international network of 285 professional consultants/coaches. A new franchise opens every 8 minutes of every business day. You can achieve the lifestyle you desire by helping others discover the one that is right for them. Visit us online for more86 words
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Advertisement129 2004-09-06 16 •p., > V 5 -*f ySV 4hl- Ever wonder what the Generation HEAVY/FINE WIRE BONDER _Pb|MKßfl WOULD BE CAPABLE OF? I M Revolutionary new compact bond head design I I Unprecedented computing power to control the powerful linear motors Jl j Excellent pattern recognition and image processing to ensure highest129 words
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INDIA
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294 2004-09-06 17 AFP [NFW DELHI] Indian Prime Minister Manmohan Singh has said that profit-making state-run firms would fund new growth by tapping the capital markets without being privatised. India's new left-leaning government has already slashed targets for privatisation revenue to 40 billion rupees (Ssl.s billion)AFP - 294 words
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290 2004-09-06 17 Bloomberg [NEW DELHI] India's central bank eased rules on the classification of bonds held by banks, in response to a request from lenders who are trying to cut losses on the value of their holdings as a result of rising yields. TheBloomberg - 290 words
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Article, Illustration537 2004-09-06 17 Ajoy Sen - They fear a flood of cheap Thai imports because of lopsided duty structure From Ajoy Sen in New Delhi INDIAN electronic firms are worried that the implementation of the "early harvest scheme" of a recent IndoThai free trade agreement will hurt domestic manufacturers because theyAFP - 537 words
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Page 17 Advertisements
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Advertisement25 2004-09-06 17 ia v &ik i X Lianhe Zaobao I Food I I industry I I shifts its overseas I Ifocystol MMH I WHWB I I MiWB25 words
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Advertisement20 2004-09-06 17 $ÜBSMBQ(niANHE ZAOBAO AND WIN A MITSUBISHI COLT 1.5 MIVEC August 29 to September 30 Wm W< vyf" 1 jfijf W20 words
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FOCUS: STRESS
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Article, Illustration1343 2004-09-06 18 greater job pressure, downsizing, outsourcing, odd hours and the invasion of work into leisure hours are all adding to the healthcare bill NYT American workers are stressed out, and in an unforgiving economy they are becoming more so every day. Six-ty-two per cent say theirNYT - 1,343 words
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Page 18 Advertisements
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Advertisement313 2004-09-06 18 ftBL ft Global Business I I Process Outsourcing 2004 I V- V INSIGHTS INTO INDIA I 1 M-30 2004. Orand Hyrtt3log«por. I I Your Most Important BPO Decision I Make informed BPO decisions based on the latest and most I dependable information. Find all these and more at the Global313 words
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Page 18 Miscellaneous
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Miscellaneous144 2004-09-06 18 CRYPTIC CROSSWORD 17 New only mod- 22 after being ex--18 Greek is comparatively 23 Recluse appears before young 19 things out late n 27 Fashionable place of worship 24 Peter was in Madras a few —YESTERDAY'SSOLUTION 29 Met with an accident (3,4) "JuJ— —i*|— 19 Adhere, 21 Dacoit, 24 Scrubs144 words
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ASIA-PACIFIC/WORLD
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Article, Illustration506 2004-09-06 19 Reports put the bid amount at £9-10b, higher than the Santander offer Reuters [LONDON] The board of UK bank HBOS is due to decide this week whether to launch a counterbid for Abbey National and try to trump an agreed bid fromReuters; REUTERS - 506 words
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342 2004-09-06 19 [LONDON] Citigroup, the US banking colossus, is ready to join the bidding war for Cazenove, one of the few remaining independent British stockbrokers to have escaped an overseas bid since the City was deregulated in 1986, The Sunday Observer reported. The US342 words
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Article, Illustration393 2004-09-06 19 Higher Saudi output can hold oil below US$40: IEA [SYDNEY] An extra three million barrels per day (bpd) of production capacity worldwide is needed to avoid another year of blistering oil prices, International Energy Agency (lEA) executive director Claude Mandil warned yesterday. Mr Mandil393 words
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235 2004-09-06 19 [TOKYO] Shinsei, the Japanese bank owned by a consortium of investors led by Ripplewood, the US private equity company, is to acquire a controlling 67 per cent stake in Aplus, a consumer finance company, from UFJ, the Financial Times reports. Shinsei will pay235 words
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Page 19 Advertisements
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Advertisement810 2004-09-06 19 Notices _J In the matter of The Companies Act (Cap. 50) And In the matter of INTWISLAND MARKETING SERVICES PTE LTD On Members' Voluntary Winding Up) WIHPWWVP NOTICE is hereby given that at an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 3810 words
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Advertisement759 2004-09-06 19 In the matter of The Companies Act (Cap 50) And In the matter of BINTAN INDUSTRIAL ESTATE MANAGEMENT PTE LTD (In Members' Voluntary Winding Up) "ar NOTICE is hereby given that at an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 3 Um759 words
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Advertisement644 2004-09-06 19 In the matter of The Companies Act (Cap. 50) And In the matter of KARIMUN INDUSTRIAL MANAGEMENT PTE LTD (In Members' Voluntary Winding Up) MlWfltf'WWNTAirr WINDING UP NOTICE is hereby given that at an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 3644 words
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Advertisement1170 2004-09-06 19 KOH BROTHERS GROUP LIMITED I KOH BROS (Incorporated in the Republic of Singapore) NOTICE EXPIRY OF WQ***** WARRANTS To: ALL HOLDERS OF WARRANTS TO SUBSCRIBE FOR NEW SHARES IN KOH BROTHERS GROUP LIMITED (the "Company') THIS NOTICE IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. If you are in any doubt1,170 words
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AVIATION
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Article, Illustration135 2004-09-06 20 [BEX, Switzerland] Thejetman. Swiss Yvesßossy. speeds through the air in Bex. western Switzerland, powered by two jet engines fixed to his back. This is forfirst time a man has succeeded in flying freely, powered by two jet engines fixed to his body. The flight on Aug 23AP - 135 words
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Article, Illustration517 2004-09-06 20 It seeks end to subsidies for Airbus, but won't press for WTO intervention SUBSIDY WAR AFP [WASHINGTON] US aviation giant Boeing Co is pressing for an end to subsidies for its European rival Airbus, which will be at the heart of new talks this month betweenAFP; BLOOMBERG FILE PHOTO - 517 words
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Article1788 2004-09-06 20 CITY FUCWT ETA HJ6WT ETP IH— MI566 1920 MI566 0920 Adelaide BA7381 1840 Delhi SQ407 0710 IC856 1145 Qf81 'MO KB57 1025 SQ408 1850 Amsterdam SQ323 0615 KL838 2255 AI470 1520 AK71 2140 GA975 0855 SQ324 2345 DeapacarM SQ141 1145 SQ142 0935 KL837 1450 SQ143 15351,788 words
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160 2004-09-06 20 Reuters [BANGKOK] National carrier Thai Airways International said it will go ahead with a plan to sell 12 billion baht (*****.7 million) of bonds in early October despite a rising trend in domestic interest rates. "Although interest rates are on the rise, theyReuters - 160 words
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182 2004-09-06 20 AFP I KUALA LUMPUR] A helicopter crashed early on Friday in Malaysia's Sarawak state on Borneo island in the third incident in two months, killing all four people on board, the Bernama news agency reported. The privately chartered Bell helicopter, owned by Hornbill Skyways,AFP - 182 words
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415 2004-09-06 20 Bloomberg [WASHINGTON] United Parcel Service, FedEx Corp and Northwest Airlines won tentative approval to offer a total of 50 weekly cargo flights to China, up from 20, the US Department of Transportation said. Atlas Air Worldwide Holdings' Polar Air unit received clearance toBloomberg - 415 words
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LOG BOOK
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101 2004-09-06 20 Bloomberg [LONDON] British Airways, Europe's second-largest airline, said passenger traffic rose 2.3 per cent in August, the 16 th consecutive monthly gain, led by demand for Asia flights and premium-class seats. The proportion of seats filled and cargo space used, or overallBloomberg - 101 words
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84 2004-09-06 20 AFP [HANOI] Work has begun on a US$l5 million facelift at Dong Hoi military airport as part of efforts to attract more tourists to the central Vietnamese province of Quang Binh, a local official said. The upgrade includes the construction of a new passenger terminalAFP - 84 words
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Article92 2004-09-06 20 Bloomberg [DUBLIN] Ryanair Holdings, Europe's biggest low-cost airline, flew 20 per cent more passengers in August than a year earlier after the company added new routes. Passenger numbers increased to 2.57 million last month from 2.14 million in August 2003, Ryanair said in an emailedBloomberg - 92 words
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Article99 2004-09-06 20 AFP [DUBAI] Passengers flying out of Dubai International Airport must now pay a total of2Bo dirhams (US$75) in taxes following the introduction on Wednesday of an added tax of 30 dirhams, a local travel agent said. The Department of Civil Aviation is reportedly expected to earnAFP - 99 words
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Article71 2004-09-06 20 AFP [SYDNEY] Australian flag-carrier Qantas has resumed flights to India after a two-year gap with non-stop services from Sydney to the financial capital of Mumbai. The inaugural 12-hour flight was made last Wednesday, touching down at Mumbai in the morning and returning to Sydney theAFP - 71 words
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SHIPPING
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Article, Illustration515 2004-09-06 21 DAVID HUGHES - But ELAA official denies the move heralds the end of conference system By DAVID HUGHES in London [LONDON] An organisation representing the European liner shipping industry has presented a paper to the European Commission (EC), signalling its readiness to abandon collectiveFILE PHOTO - 515 words
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Article, Illustration64 2004-09-06 21 [JENSEN BEACH, Florida] A boat being swept into the sea off its mooring as wind and waves from Hurricane Frances pound the Village of Ocean Breeze in Jensen Beach, Florida. A record 2.5 million people were ordered to leave coastal areas as forecasters warned thatAP - 64 words
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465 2004-09-06 21 Bloomberg [DUßAl] Iraq is exporting oil normally through its Persian Gulf terminals in the south after a pipeline was breached on Saturday, the UK military and three shipping agents said. Tankers are loading at the Basra Oil Terminal, Iraq's largest oil export facility,Bloomberg - 465 words
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Article293 2004-09-06 21 Source: BRIDGE SGX '000 SgM ss w- vol CH Offshore .0.37 unch 90 ChuanHup .0.55 0.01 155 Cosco Investment .0.84 0.01 3723 CWT Distribution .0.50 unch 15 Ezra Hid® .0.99 -0.02 15 Freight Links 0.10 unch 90 Grand Banks Yacht .0.81 unch 0 Java Holdings .0.91 0.01 1318Source: BRIDGE - 293 words
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265 2004-09-06 21 Reuters [BANGALORE] India will soon announce an integrated maritime policy to encourage private investment in the shipping and port industries, a senior government official said. "The National Maritime Development Policy is on the anvil. It will be announced soon. Things are moving,"Reuters - 265 words
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205 2004-09-06 21 Bloomberg [MUMBAI] Dredging Corp of India Ltd, the nation's biggest port dredger, will deepen the Palk Bay at the southern tip of India, allowing ships to navigate between the Arabian Sea and the Bay of Bengal without going around Sri Lanka. DredgingBloomberg - 205 words
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Article, Illustration383 2004-09-06 21 AL LABITA in Manila - By AL LABITA in Manila CHINA has agreed to provide US$4OO million of the US$5O3 million needed to finance the construction of a high-speed railway linking Manila and former US military base Clark, north of the Philippine capital, President Gloria ArroyoAFP - 383 words
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Advertisement29 2004-09-06 21 MEDICAL mstm ONBOARD 4 For more details about our STCW courses, please visit our website: www.sma.sp.edu.sg or contact Ms Balvinder Kaur, Tel: 6772 1817 Fax: 6772 1958 E-mail: Bkaur@sp.edu.sg29 words
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Article3038 2004-09-06 23 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In local curr In SS In USS dy Syr %dy Syr %dy Syr Sep 3 Indtx Change Chang* Chang* Change Chang* Chang* World Index Preliminary 790.5 -0.1 1.5 -02 0.5 -0.4 0.1 EAFE Preliminary 724.8 02 3.4 -0.4 0.5 -0.6 02 Europe Preliminary3,038 words
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Article886 2004-09-06 23 COMMODITIES: WEEKLY ROUNDUP AFP [LONDON] World oil prices saw wild swings last week as traders sweated over supply threats in Iraq and Russia and a hurricane bearing down on Florida. Meanwhile a strengthening of the dollar late in the week put pressure on gold. Cold:AFP - 886 words
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Advertisement2015 2004-09-06 24 I I TO USA/CANADA I I EXPORT "1 I OTHER DESTINATIONS I M Vgsa |VOY PKG I ETA S« LONG BEAOI| DALLAS HOUSTON ImEMPHK| CHICAGO 1 NEW YORK TO AUSTBAtt* UUSTBALIA AM* cyppecei II I PBO NEDLLOYD KOBE 4207 OMIT 08/09 1 IW> 30/09 01/10 »/M 29/09 02/10 vESSB VOt|cTASln|2,015 words
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Advertisement837 2004-09-06 24 I»NTftA»U >OtO MKVtCi naa/vor umv) HBCtrnm pro not u» I si I jkt I STIAITS VEMTUM/10 IS 3.1 07/W 11/W SIMITS VENTURE /I I 15 3.1 1»/W tt/W 27/W 30/0» 02/10 STKAfTS VEKTUKE /l? 15 It 0//10 WlO 17/1Q IWW AHA/I«NQAi tdio «Vf Vissn/VOT KWffT) HBCHTOti TOK jjf KHH HI837 words
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Advertisement927 2004-09-06 25 "7 MOL Combine* CT a range of snipping mode? to msun finiily, nlafali services coviiny major ports in Norm America, Europe, Japan, Ana, Africa Oceania. Also accept btrv-Asii Corpes to: For Schedules, BL Searches, and Container Tracking, visit on our Home Page: www«mQiliPitamilfl Weekly Containerised Service To: South Africa West927 words
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Advertisement922 2004-09-06 25 WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICQ POINTS VESSfi m SO PJHAMG COUMMO N.SHEVA COtOMOO MlElfitf MIW 01 SEP OMIT OMIT 09SEP 1 2SEP AUSTUUA HID6E 007TW OtSEP MSEP 11 SEP MSEP I7SEP MttrawiM ypmhp issep issep issep 2isep 21a IWDIKAGAMDHI QflttW 20SEP 72SEP 25Sg922 words
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Advertisement1219 2004-09-06 26 lAuf WALLENIUS WILHELMSEN website: http://www.2wfllobal.tom IK MAO HOW Ml* SAV Ml ORE NYC NEW MOI vii AG4OI lMToti S.7SM I 15/09 13/10 TARAGO AT4IS 3201 MS I 6.4 M I 21/09 21/10 21/10 29/10 02/11 01/11 04/11 25/10 TEXAS AF4I9 UMfcw 6.4 M 02/10 24/10 03/11 10/11 11/11 15/11 13/111,219 words
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Advertisement1330 2004-09-06 26 STzS—=is^~"m~ 3HSfa~ m 3%nc iamda L2sui azzas 07/w -^g^y-— mciamoa um oizfis w/w n 1 III! CSf 230 0028P 09 09 11/09 ■■Hi nc IAXDA 1293H 10/09 10/OT~ Jfftffl m facianpa ***** lift! 11Z2L_ guß figg BBS 12J5H 12ZM U/M JMCQJXFJ mTm fftmi OQWf n/09 13/09 moan MB IW uiittS—1,330 words
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Advertisement534 2004-09-06 26 MYANMA 888 FIVE STAR LINE (Mjf«w Nationol Llm) Loading for Yufoa VESSEL VOY SIN PU KN PGU MGAN J32W SIS HTA-AN 320W SLD SU) IN MALAYSIA: lOUSTEAD SHIPPING AGENCIES KUL 03-*****300 PKL 03-317M101 PIN: 04-2(***** JHmtk AQCEPTma CONVENTIONAL CQO HKG SM WG SIN PGU PKI UK HAVE OCEAN S SID534 words
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Advertisement740 2004-09-06 27 S-nterasia Mines J mJSm fag* pis? 88 B IJBffla Mil Si Mibwb Entity HS &4S 25/08 24/08 27/08 28/08 01/09 04/01 05/09 MOl OASK *254 03/IW 05/09 09/09 Tj7w 13/09 14/09 TvR Ww Si? l\m «J/2 Si'SZ 03/W 07/ M 11/W 12/ M namam 001* 07/09 15/09 17/0» 18/09 $11740 words
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Advertisement532 2004-09-06 27 I /£*Q\ PD7 lINFQ I JLICi OPttMMCOOfcPO I I NoAro L TOWG **> shwtwig rn ltd awkwtMtmc m** I |F, IT. li. tMMM i£T "n/w" Sr S" Sr 7?S~ MU MKAS 4 w o»/o» 11/091 I aHooi wm" "ii/w" 7i/w" h/5" n/w m/S" A3L Jj/w aumwawG gw w/w u/w lyw532 words
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Advertisement777 2004-09-06 27 KlffrflTifTl H?g 214K 07-08/09 14-16/09 21-22/09 ll BWfWMii SSS f^* L 2,5N "-IZ/09 17-19/09 25 26/09 I II 216N 14-15/09 21-23/09 28-29>09 I I TIGER SEA 217N 19 20/09 24 26/09 02-03 101 I 21WI 21-22/09 28-30/09 05W101 j| i fMInWTIGEj SPIRIT 09' 09 10/09 17-19/09 27-28/09 I I ■jfjjfIIHPHIMN777 words
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THE BUSINESS TIMES SHIPPING TIMES
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8202 2004-09-06 28 ETA HA AdMrtwr VmmI Voyw Tlkphoo* ETA ETA *J~J T^ 01 SIN DwfR Num Nmim Number Number SIN Deft n Nmm Name Number Numb* 24/09 16/10 SenatorL YM CHICAGO YOB *****750 To ABIDJAN (ABJ) 2003 Cote D'lvoire 25/09 19/10 Senator L PORTUGAL SENATOR PODS8,202 words
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BizIT
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Article, Illustration982 2004-09-06 29 AMIT ROY CHOUDHURY - BT Exclusive Creative Technology has also devised a four-brand strategy to dominate all segments of the personal digital entertainment market, CEO Sim Wong Hoo tells AMIT ROY CHOUDHURY AMIT ROY CHOUDHURY BUOYED by Creative Technology's early success of its personal digital entertainment982 words
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Article, Illustration252 2004-09-06 29 RAJU CHELLAM - By RAJU CHELLAM AN American-based information security body, ISSA (Information Systems Security Association), has elected a Singaporean, George Mathanool, to head its global international relations and development for a twoyear term. Mr Mathanool is managing director of Global Millennium Trust Pte Ltd, which252 words
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Article256 2004-09-06 29 Kenneth James - Kenneth James, Technology Editor THE tech world certainly hasn't been standing still, and we haven't either. BizlT, like the rest of BT, has been revamped to make it a better, brighter and more compelling read. Our coverage will be broader than before, reflecting the growing convergence256 words
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<what's up>
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Article82 2004-09-06 29 STEPHEN Lim, chief executive of SQLView, is the new Singapore infocomm Technology Federation (SiTF) chairman, taking over from Microsoft's Saw Ken Wye. Mr Lim was previously SiTF first vice-chairman and past chairman of the SiTF Singapore Enterprise Chapter (SEC). SiTF members also elected a new council82 words
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77 2004-09-06 29 THE Institute of Systems Science (ISS) of the National University of Singapore is using software from Bizmann System (S) Pte Ltd and Handy Soft Corporation to strengthen its Master of Technology programme's business process management (BPM) curriculum. Bizmann System is providing "Train the Trainer" software while77 words
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81 2004-09-06 29 MAINBOARD-LISTED Stratech Systems has announced that it has been successfully appraised at Maturity Level 3 of Capability Maturity Model-Integrated (CMMI) of the Software Engineering Institute of the USA. Stratech is one of the few Singapore IT solutions companies to achieve this process maturity level81 words
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Article61 2004-09-06 29 MESSAGELABS, a leading provider of managed email security services to businesses, and Symantec Corp, a leader in information security, said the companies will incorporate Symantec's Brightmail Anti-Spam technology into the Message Labs Anti-Spam Service to offer enhanced managed anti-spam services to clients. Message Labs expects to deliver the61 words
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Article98 2004-09-06 29 AMIT ROY CHOUDHURY - Compiled by AMIT ROY CHOUDHURY CREDENT Technology (formerly known as Intergraph Systems South East Asia) has announced the launch of its new corporate identity and name. According to the company, the new identity reflects the significant broadening of capabilities that has occurred in recent years as98 words
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472 2004-09-06 29 AMIT ROY CHOUDHURY - By AMIT ROY CHOUDHURY MORE than 50 per cent of business executives across the Asia-Pacific region rate information technology (IT) as "very important" in achieving their critical business goals, according to a survey conducted by the Economist Intelligence Unit472 words
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Article, Illustration855 2004-09-06 31 RAJU CHELLAM - <we say> Growth in the semicon market may be slowing but there's enough momentum to last till year-end RAJU CHELLAM Senior Correspondent WHEN Intel sneezes, the world catches a cold. Last week, semicon giant Intel Corp said demand for cellphones, electronic gizmos and personal855 words
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Article, Illustration771 2004-09-06 31 STEPHEN LIM - <you say> STEPHEN LIM THE past few years have been tough for the IT industry. The economic downturn, Sars and the war in Iraq have taken out many companies, start-ups as well as established players. Indeed, these past few years have been771 words
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Article, Illustration853 2004-09-06 31 KENNETH JAMES - <cool stuff > This column test-drives tech goodies from the non-IT exec's point of view. KENNETH JAMES kicks off with his take on PDA-phones KENNETH JAMES I BECAME hooked on the idea of a PDA-phone back in 2002, when Hewlett-Packard introduced its Singapore-designed Jornada 928. AARTHUR LEE - 853 words
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<what's new>
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Article59 2004-09-06 31 INFOCUS Corporation has introduced its newest meeting room projector, the InFocus LP 600. The new projector includes InFocus Lite Port, an embedded PC-Free Playback system that allows users to easily project .jpg images from a USB flash drive without a computer or CD drive. The machine is59 words
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Article, Illustration118 2004-09-06 31 MOTOROLA has introduced the Razr V 3, an ultra-slim, metal-clad flip phone sporting good looks along with full-featured functionality. The Razr V 3 uses a combination of metals such as aircraft-grade aluminum with new advances such as an internal antenna and a chemically-etched keypad which results118 words
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70 2004-09-06 31 FILEMAKER has announced the availability of FileMaker Server 7 Advanced, an enhanced version of FileMaker Server 7 that provides advanced web publishing and connectivity options for efficiently managing shared solutions for desktop and web clients. FileMaker Server 7 Advanced costs U552,499 and runs on Mac OS70 words
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Article106 2004-09-06 31 EMC Corporation has announced new, lower-cost models of EMC Celerra network-attached storage (NAS) systems, improved application connectivity via iSCSI and enhanced management capabilities. The Celerra NSSOO system is available in gateway and integrated models and costs US$4O,OOO for a one terabyte, single data mover, integrated configuration,106 words
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Article, Illustration96 2004-09-06 31 SHARP has introduced three new digital laser multifunctional copier/printers, the AR-M550-U, AR-M620-U and AR-M7OO-U. The machines offer digital high performance for raising overall document flow efficiency in the office*According to Sharp all the models have been designed as reliable and productive high-speed duplicators to-\ meet96 words
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Article85 2004-09-06 31 AMIT ROY CHOUDHURY - Compiled by AMIT ROY CHOUDHURY ENTELLIUM, which provides second generation hosted Customer Relationship Management (CRM), has announced the availability of a hostedbusiness application product that gives users the freedom of choice to configure all aspects of the user interface. Entellium users pay for the>; modules85 words
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Advertisement5 2004-09-06 29 SiTF chairman Stephen Lim PG3I5 words
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Advertisement79 2004-09-06 30 increased productivity Citrix gave our 28,900 mmwamffimmmmmmm users. Until they reduced our internal IT costs by3s/b. Reiner Schmitt, IT Manager INFRASTRUCTURE FOR THE ON-DEMAND ENTERPRISE AS the recognized leader in providing collaborative business solutions for all types of industries and for every major market, SAP knows the value of an79 words
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FOCUS: MOBILE EXECUTIVE
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Article, Illustration1039 2004-09-06 32 RAJU CHELLAM - Spyware is the biggest threat but there are many others to worry about in this age of notebook computers, says RAJU CHELLAM RAJU CHELLAM A HIGH-RANKING vice-presi-dent enters her office one morning and opens her email as usual. She reviews a note from a1,039 words
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Advertisement21 2004-09-06 32 This series is brought to you through an arrangement with m invent The HP Compaq Business Notebook Your trusted corporate companion21 words
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