The Business Times, 6 September 2004

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Total Pages: 32
1 32 The Business Times
  • 15 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asial.com.sg MITA (P) 023/03/2004 Monday, September 6,2004
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  • Article, Illustration
    124 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 guide
    124 words
  • 134 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 JONES
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  • 32 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 29-32
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  • 311 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 Zealand
    Reuters,; AFP,; AP  -  311 words
  • 750 1  -  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 meet
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  • Page 1 Advertisements
    • 44 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.
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    • 244 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 top
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  • TOP STORIES
    • 656 2  -  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 after
      Source: Bloomberg  -  656 words
    • 601 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 the
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    • 1125 3  -  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 accounts
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  • Page 2 Advertisements
    • 235 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
    • 22 2 Recruit the one you want for any position you have t Call 1800 289 8822 or email recrvtt@sph.comsg for your recruitment solutions
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    • 380 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 7.45
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  • Page 3 Advertisements
    • 129 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 are
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  • VIEWS FROM THE TOP
    • 4065 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 over
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  • Page 4 Advertisements
    • 126 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' will
      126 words


  • COMPANY NEWS
    • 703 6  -  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. Such
      ARTHUR LEE  -  703 words
    • 682 6  -  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 company
      682 words
    • 424 6  -  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 listed
      Compiled by BT  -  424 words
    • 463 6  -  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 a
      463 words
    • 427 7  -  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 one
      REUTERS  -  427 words
    • 543 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 the
      AFP; Source: Bloomberg  -  543 words
  • Page 6 Advertisements

  • Page 7 Advertisements
    • 694 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 fund
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  • SINGAPORE MARKETS
    • 1054 8  -  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 the
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    • 1379 8  -  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 past
      1,379 words
    • 681 9  -  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 accepted
      BLOOMBERG  -  681 words
    • 335 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.
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    • 83 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's
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    • 796 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 I
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    • 1571 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 is
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  • ECONOMY WATCH
    • 768 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 conceded
      AFP; AP  -  768 words
    • 442 10  -  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 for
      442 words
    • 629 11  -  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 price
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    • 241 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, which
      AFP  -  241 words
    • 281 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 an
      AFP  -  281 words
  • Page 10 Advertisements
    • 129 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 Mushrooms
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    • 214 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 P
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  • Page 11 Advertisements
    • 35 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. ft
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    • 123 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 at
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    • 7 11 H I wt,/ I II I I
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  • SINGAPORE NEWS
    • 605 12  -  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. The
      ARTHUR LEE  -  605 words
    • 308 12  -  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 site
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    • 96 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 a
      AP  -  96 words
  • Page 12 Advertisements
    • 133 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, Spicy
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    • 43 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 v
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    • 25 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 *****170
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    • 118 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 and
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  • DINING OUT
    • 1702 13  -  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 Central
      WILLIAM WHEY  -  1,702 words
    • 402 13  -  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 at
      SEAN TAN/ST  -  402 words
    • 159 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 Graduation
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  • Page 13 Advertisements
    • 40 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^^
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  • YOUNG INVESTORS' FORUM
    • 777 14  -  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 business
      777 words
    • 748 14  -  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 a
      Graphics: BEN CRUZ  -  748 words
    • 840 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 would
      ARTHUR LEE  -  840 words

  • MALAYSIA
    • 655 15  -  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 stock
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    • 533 15  -  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, the
      533 words
    • 571 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 as
      AFP,; Reuters,; AP; AFP  -  571 words
    • 1464 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 Week
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  • GREATER CHINA
    • 563 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 other
      Bloomberg  -  563 words
    • 645 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 Beijing
      AFP  -  645 words
    • 599 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 after
      Reuters  -  599 words
    • 281 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 that
      Bloomberg  -  281 words
  • Page 16 Advertisements
    • 86 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 more
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    • 129 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 highest
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  • INDIA
    • 294 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
    • 290 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. The
      Bloomberg  -  290 words
    • 537 17  -  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 they
      AFP  -  537 words
  • Page 17 Advertisements

  • FOCUS: STRESS
    • 1343 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 their
      NYT  -  1,343 words
  • Page 18 Advertisements
    • 313 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 Global
      313 words
  • Page 18 Miscellaneous
    • 144 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 Scrubs
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  • ASIA-PACIFIC/WORLD
    • 506 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 from
      Reuters; REUTERS  -  506 words
    • 342 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 US
      342 words
    • 393 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 Mandil
      393 words
    • 235 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 pay
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  • Page 19 Advertisements
    • 810 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 3
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    • 759 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 Um
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    • 644 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 3
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    • 1170 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 doubt
      1,170 words

  • AVIATION
    • 135 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 23
      AP  -  135 words
    • 517 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 between
      AFP; BLOOMBERG FILE PHOTO  -  517 words
    • 1788 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 1535
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    • 160 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, they
      Reuters  -  160 words
    • 182 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
    • 415 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 to
      Bloomberg  -  415 words
    • LOG BOOK
      • 101 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 overall
        Bloomberg  -  101 words
      • 84 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 terminal
        AFP  -  84 words
      • 92 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 emailed
        Bloomberg  -  92 words
      • 99 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 earn
        AFP  -  99 words
      • 71 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 the
        AFP  -  71 words

  • SHIPPING
    • 515 21  -  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 collective
      FILE PHOTO  -  515 words
    • 64 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 that
      AP  -  64 words
    • 465 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
    • 293 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 1318
      Source: BRIDGE  -  293 words
    • 265 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
    • 205 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. Dredging
      Bloomberg  -  205 words
    • 383 21  -  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 Arroyo
      AFP  -  383 words
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    • 29 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.sg
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  • 3038 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 Preliminary
    3,038 words
  • 886 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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  • THE BUSINESS TIMES SHIPPING TIMES
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  • BizIT
    • 982 29  -  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 entertainment
      982 words
    • 252 29  -  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, which
      252 words
    • 256 29  -  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 convergence
      256 words
    • <what's up>
      • 82 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 council
        82 words
      • 77 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 while
        77 words
      • 81 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 level
        81 words
      • 61 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 the
        61 words
      • 98 29  -  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 as
        98 words
    • 472 29  -  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 Unit
      472 words
    • 855 31  -  &lt;we say&gt; 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 personal
      855 words
    • 771 31  -  &lt;you say&gt; 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 been
      771 words
    • 853 31  -  &lt;cool stuff &gt; 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. A
      ARTHUR LEE  -  853 words
    • <what's new>
      • 59 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 is
        59 words
      • 118 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 results
        118 words
      • 70 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 OS
        70 words
      • 106 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
      • 96 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-\ meet
        96 words
      • 85 31  -  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&gt;; modules
        85 words
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    • 79 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 an
      79 words


  • FOCUS: MOBILE EXECUTIVE
    • 1039 32  -  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 a
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