The Business Times, 11 October 2004

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Total Pages: 38
1 38 The Business Times
  • 15 1 THE BUSINESS TIMES Monday, October 11,2004 SINGAPORE 85 cents online at http://business-times.asial.com.sg MITA (P) 023/03/2004
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  • 635 1  -  Move resulting in US$41-47m yearly savings will be backed by US$300m re-cap plan By KALPANA RASHIWALA [SINGAPORE] ST Telemedia's 61.5 per cent owned US unit Global Crossing has announced job cuts for about 600 full-time employees or 15 per cent of its
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  • 128 1 MARKETS Week Chge ST1 J004.30 +23.16 KLSECOMP 861.08 .+7.15 NIKKEI 225 *****.35 ....+364.18 HANG SENG *****.46 ....+121.43 SET INDEX .676.15—+14.92 JAKARTA COMP 855.72 ......+19.82 MANILA COMP ....1836.47 ......+49.22 TAIPEI TAIEX 6102.16....+156.81 SEOUL COMP 881.38 +35.37 SHENZHEN B .251.25. +7.31 AUSTALLORD 3696.00-...+27.00 DOW JONES *****.20 -137.45 NASDAQ 1919.97 -22.23
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  • 45 1 TOP STORIES ...PG 2-3 COMPANIES PG 4,7,8 MARKETS PG 6 SINGAPORE PG 9 VIEWS PG 12-13 DINING OUT PG 14 M'SIA/INPON.. PG 16 CHINA/INDIA ...PG 17 WORLD PG 18 ECONOMY PG 24 AVIATION PG 25 SHIPPING PG 26 STOCKS PG 32-33 BizlT PG 34-38
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  • 676 1  -  Penang plans projects to make it more attractive to investors, tourists By EDDIE TOH in Penang PENANG dubbed the "Pearl of the Orient" is undergoing major changes to help regain its fading lustre and reclaim its position as one of South-east
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  • Page 1 Advertisements
    • 137 1 mm dining BBS? Hotel grills update their menus. PGI4 BT ONLINE To subscribe to The Business Times, call 6388 3838. You will also get free access to BT Online. 8 II t J§« BlancpajN MANUFACTURE DE HAUTE HORLOGERIE Francis Ford Coppola. V '\j~ Director --z-*, f/m+> Exclusively at: I Jra#
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    • 12 1 4 if* <\ YOUNG INVESTORS' FORUM Raising start-up capital for your business PGIS
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    • 65 1 HOW TO GET AHEAD IN BUSINESS Check out BTs Global Entrepolis Singapore 2004 supplement pg 19-22 I^^^bsk' 9BHBmK£.'; i n^H3r!£l nHHBS9H^ a V*li I M WO W^&tm:* How can Singapore firms, and Singapore itself, benefit from the global outsourcing phenomenon? Top corporate leaders have their say. PG 12,13 Commentary Your
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    • 12 1 UPS™ES P iNT The mall is getting a jwllk 7-storey extension PG3
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  • TOP STORIES
    • 728 2  -  WALL STREET INSIGHT Investors direct attention to spiralling oil prices and job creation By ANDREW MARKS in New York THE current focus in America on oil, the uneven economic recovery and the presidential elections make corporate profit reports second page news.
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    • 606 2  -  New facility allows automatic deduction of tithes By JOYCE KOH A TASK that used to take up to an hour for Muslims can now be done automatically through a first-of-a-kind service offered by OCBC Bank, which is determined to stay at the forefront of
      FILE PHOTO  -  606 words
    • 431 2 Young ATM maker takes on the big boys in China SESDAQ-ASPIRANT Automated Touchstone Machines is pitting itself against bigger multinational companies in the booming ATM market in China. The company believes it has a strategy to carve a niche in the Chinese banking scene burgeoning demand for cash
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    • 463 2  -  By DANIEL BUENAS [SINGAPORE] Singapore's import, export, domestic products and domestic supply price indices continued to rise in August their fourth consecutive month of increase and economists expect the uptrend to go on for several months. "I think prices are going to continue to
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    • 624 3  -  BT exclusive $56m seven-storey extension work will begin in sunken plaza in six months By KALPANA RASHIWALA [SINGAPORE] After repeated delays over the past decade, Centrepoint Properties is finally going ahead with developing an extension to its namesake mall on Orchard Road. The
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  • Page 2 Advertisements
    • 262 2 era Hull MBA <^> More than 3,000 distinguished Alumni in Singapore and Hong Kong U.K. Ist Division University Awarded 23 out of 24 points for Excellence in teaching by UK's Quality Assurance Agency More than 15 years successful track record in Singapore and Hong Kong Fully taught by University of
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    • 60 2 Incorporation services in all major jurisdictions Global network of offices Ready-made companies available Management and administration services China business registration Accounting and trade support services Virtual office solutions Personal and corporate bank introductions TO ARRANGE A FREE CONSULTATION CONTACT: Simon ne Toh T: +65 6535 3382 F: +65 6535 3991
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  • Page 3 Advertisements
    • 480 3 at H L yWHIH Available in 30 countries Th 6 new WOrld WStCll 2 years international warranty Sole Distributor: SERANCQQN Bhatia Brothers Pte. Ltd. 1 North Bridge Road Bharath Watch Ltd 172 Serangoon RoadW. *****029 #A 1 2£ uink C» r«ntr. Tol. <iao 37r\n Emn Electronics Pte Ltd 242, Serangoon
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  • COMPANY NEWS
    • 662 4  -  Sesdaq-aspirant intends to make its mark on the growing China market, reports JOYCE KOH JOYCE KOH IT is an endeavour of David-Goliath proportions. The latest Sesdaq-as-pirant is a young Chinese company producing ATM machines that is pitting itself against bigger multinational companies
      CHRIS LOH  -  662 words
    • 381 4  -  By JEAN CHUA ZHONGHUI Holdings, a Shaanxi-based provider of domestic waste management technology, is raising funds in Singapore to put itself in a good position to benefit from China's new emphasis on environmental protection. Set up in 2001, Zhonghui designs, supplies and
      381 words
    • 566 4  -  HOCK LOCK SIEW By SIOW LISEN THE chairman of DBS Bank (Hong Kong), Frank Wong, had his vacation rudely interrupted by the bank's safe deposit box fiasco last week. Forced to rush back to do damage control, Mr Wong apologised for the
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    • 1227 7  -  INSIDE MARKETS Purchases fell to 21, from 38, while sales rose to 21, from 15, reports ROBERT HALILI ROBERT HALILI BUYING by directors and substantial shareholders fell while sales rose last week on the Singapore Exchange. A total of 16 companies recorded
      FILE PHOTO  -  1,227 words
    • 1166 8  -  KENNETH LIM Reporter THE hypothesis that a butterfly flapping its wings could start a storm halfwa; around the world was particularly apt last week, when drastic changes in a handful of counters distorted the gains and losses of their portfolios. In a generally
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    • 383 8  -  By KALPANA RASHIWALA TOTAL issuance of debt, equity and equity-related securities in Asia (ex-Japan and Australia) in the first nine months of this year rose to nearly US$l9O billion, up 22 per cent from the same period last year, according to Thomson Financial. While
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  • Page 4 Advertisements
    • 132 4 Oktoberfest Oktobertest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Get into the spirit of Oktoberfest I Enjoy the best of German food with our German Set Lunch Special. Where
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    • 7 4 c&,tmm **»•«■ut— ■fc> V H mJbi 0
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    • 13 4 l, ■■X. I I yHI B j ik Reservation* recommended Til: 6831 4373.
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    • 6 4 Raffles jUntry Club 3-Coutj| Trench Cuiswj^^.B°
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    • 101 4 Swiss Private Banking since 1841 1 MERiTUS MANDARIN SINGAPORE T v A Tale of 2 Cities Delicious Dishes from Kuala Lumpur and Ipoh 1 31 October 2004 Tuck into authentic dishes like Baked Stuffed Fish in Fresh Turmeric Leaves, Bubur Kacang Merak and more! Buffet Lunch (12.00 noon to 4.45
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  • Page 5 Advertisements
    • 43 5 I* p 9' f Much More Born in Geneva /1998 WWW.ROGERDUBUIS.COM IK I^BHl^^ i t IB* Bk k V£| |ES iH m in pr r BPBfc VA ,jw Jfl BraSt la B^flH^HHB II 1«- Bl the op Jhuig Singapoki Singapore 2004. v^ IHBHIHHBPBK''
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  • SINGAPORE MARKETS
    • 669 6  -  STOCKS It has not recoupled yet but investors should not ignore fundamentals R SIVANITHY Senior Correspondent LAST week's column discussed the possibility that after decoupling from Wall Street for most of August and September, the Straits Times Index might soon find itself closely
      AP  -  669 words
    • Article, Illustration
      419 6 OTHER SINGAPORE INDICES Oct 8 VALUE CLOSE BT OB/OS 27.00 +11.qq BT CADI -*****.00 -3.QQ BT 10-day MA -*****.00 +2.00 All-SG Equities 522.73 -0.28 SG Equities Elect 159.45 -1.35 SG Equities Fin 1614.44 -2.80 SG Equities Prop 484.10 -1.90 SIMSCI -0.26 SiMSCI Futures 241.60 +0.80 MOST ACTIVE STOCKS VOLUME SPH
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    • 7 6 Compiled by Thomson Financial I/B/E/S
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    • 348 6 CURRENCIES AFP [HONG KONG] Asia-Pacific currencies were mostly flat last week, led by the Japanese yen, as markets awaited key US data released late on Friday. But the yen and other currencies in the region including the Australian dollar are expected firm this
      AFP  -  348 words
    • 84 6 Investor events to watch out for New listing of Alantac Tech Oct 11 Aspial's dividend payment, Oct 15 JETS Tech's dividend payment, Oct 15 TPV Tech's dividend payment, Oct 15 New Toyo's dividend payment, Oct 18 Dairy Farm's dividend payment, Oct 20 Elec Eltek's dividend payment, Oct 20
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    • 79 6 Legend: (TE) Tax Exempt; (N) Net Of Tax; (TA) Tax Not Applicable: (F) Final; (I) Interim; (S) Special, (b) First and Final (c) Second and Final; (n) Fully franked; (v) Special Tax Exempt (One Tier), (w) Interim Tax Exempt (One Tier), (x) Final Tax Exempt (One Tier); (y)
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  • Page 7 Advertisements
    • 356 7 Seeking Area franchisees In Singapore A our upcoming u fefbtef V Jjjf 5 i'A y-t _,4., 1(^ citigroupj >, our view, the chief reason behind strong nViuato hank earnings profitability is the ftKt that the Private Bank is able to priValc DallK leverage Cltlgroup's vast Infrastructure.-" Glun Mwn; UW In
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  • Page 8 Advertisements
    • 668 8 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF MANDARIN GARDENS INVESTMENTS PTE LTD (In Members' Voluntary Liquidation) Company Registration No. *****2506G NOTICE OF RESOLUTIONS At on Extraordinary General Meeting of the Company held at Meeting Room, 4tn Floor, 80 Raffles Place (JOB Plaza 1
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    • 644 8 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF UNAXIS IT PTE LTD (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company held at Hotel Seedamm Plaza 8808 Pfafflkon/sz Switzerland on the 1 st day of October 2004, the
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    • 688 8 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF EMGEE LAND PTE LTD (In Members' Voluntary Liquidation) Company Registration No. *****2508H NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company held at Meeting Room, 4tn Floor, 80 Raffles Place UOB Ptaza 1 Singapore
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    • 689 8 IN THE MATTER OF THE COMPANIES ACT, CAP.SO ((Section 290(2)(b|l AND IN THE MATTER Of GEISUNGER METALWARE PTE. LTD. (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company held at 8 Pandon Crescent #05-01 Singapore *****4 on the 4th day of October 2004, the
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    • 1236 8 MMI HOLDINGS LIMITED (Co. Rog. No. *****2772R) (Incorporated in Singapore with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of MMI Holding* limited ("the Company") will be held at U Meridien Singapore, 100 Orchard Road, Singapore *****0, on 26 October 2004 at
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  • SINGAPORE NEWS
    • 479 9  -  It will take part in the Global Entrepolis Singapore to boost its profile and build contacts By CHEN HUIFEN TO Japanese firm Calibration Testing International (CTI), Singapore is not only an ideal location for R&D but is also a good place
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    • 475 9  -  By CHEN HUIFEN EYESIGHT treatment specialist NeuroVision is opening its third centre in Singapore in four months, driven by the rising demand for its services. The company opened its first commercial centre at the Singapore National Eye Centre in June and a second outlet
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    • 439 9  -  By DANIEL BUENAS DOG lovers here can now have heart-to-heart conversations with their pets well almost. Local start-up Ping Enterprise has been granted sole distributorship rights by Japanese toy giant Takara Co to sell and market the Bowlingual a device that can supposedly tell
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  • Page 10 Advertisements
    • 86 10 *s-■ 'Ji s-w. HI i •f > I-■ ll?*§i need design. It does not matter »A/L I an approach to doing things. Wh6n applied I Wp in touch with its customers and be prepared for Jllll" 1 *'V v---i based application that allows users to take a <j Qwerty keyboard
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  • Page 11 Advertisements
    • 122 11 The Business Times, Monda^Octol Pi'" 11 1 J, w.jpp-. -*"r ps ogfl _^JMHI W^MmMßtimm^^m |3^h|K| ■> r lll(IIIMI JL ;r J 4»~ <***-»*» uligplK" 111 tt *mm* nip .^p^ kJIJ 'Jl Hk 'flkM t i(q|ipuriS'|if|P# 15 I ■i| y-f--- i 4P$ *J^KH frl^.,^. ■jy^itj^»f^?*' :^^/w"^f MfliiW ™p%*: .gr•* fy^^Wß^Pl^it'fiiwfgfflyP^EPf? B
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  • VIEWS FROM THE TOP
    • 3627 12 THIS WEEK'S TOPIC How can Singapore and Singapore the global outsoutting FIRST there was offshore pipdurtion, starting in thel96os; which revolutionised mindsets: the outsourcing of services, including IT services and business process outsourcing. Outsourcing Is already a multi-billion dollar business, growing at high double- digit rates.
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  • Page 12 Advertisements
    • 72 12 BT CEOs e-Club Members of the BT CEOs e Club are Singapore's top •corporate leaders whom BT editors would like to interact with man atmosphere of informality and trust. This 'Hub' is a virtual one, with interaction mainly via p mail. Each week, we wilt invite comments from these top
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  • Page 13 Advertisements
    • 89 13 very crafty 17 n IntriKk-r-., fififi hfifkors Iho/'ll qo to ony Utrirjth*, to fli-.nifit /out l»u\m»-v.i Wh,r h you m"/ r 1 t,,? (i tiit < rofty if you wfint to rjijorfi ofjoiri'.t viruv."< '""I" tou*. nttdf P*. nrifl «:/t«rnci| (Ioiikkj,. W«; (omj>fim*; 4 worlfJwifJf: drrfcrid thfiir n»:twof ArifJ c.on
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    • 23 13 r HAVE YOUR SAY What do you think of the opinions expressed in these pages? Share your views by writing to l btietterOsph.com.sg
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  • DINING OUT
    • Article, Illustration
      1623 14 Hotel grills update their menus for a memorable dining experience HOTEL fine dining restaurants formal, traditional and more often than not known for its grilled steaks or fine French cuisine have since gone past their sell-by date as most modern hotels have swopped formal for smart casual. If
      GORDON GRILL PHOTOS BV WILLIAM WHEY  -  1,623 words
  • Page 14 Advertisements
    • 173 14 I I INTRODUCING THE MOTO RAZR V 3. An essence of advanced technology and superlative design, the Moto Razr V 3 is an elitist, rich in functions, performance excellence and design innovation. Erotically smooth and ultra-thin, the Moto Razr V 3 is a fusion of style and technology, where redefining
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • 757 15  -  Perhaps the two most important elements in getting your own business up and going are your money-making ideas and the funding required to put these into action. By NANDE KHIN Since we can't help you very much with the first (if we had moneyspinning
      Graphic BEN CRUZ  -  757 words
    • 286 15 PRIME Minister Lee Hsien Loong, in his maiden National Day Rally speech, championed the empowerment of youths. "Give them a say in their lives to make them feel they can make a difference,"
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    • 511 15  -  CAMPUS LIFE SMU's star photographer chats with KELVIN SAM KELVIN SAM JJ M IT all started with a second-hand Canon EOS, a gift from an uncle to a nephew. Unlike other accountancy students, 23-year-old Jeremy Nguee would rather be surrounded by pictures than
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  • Page 15 Advertisements
    • 187 15 crEi bank The Business Times-Citibank Young Investors' Forum is published every Monday in The Business Times. It aims to raise the financial awareness of university and polytechnic students and cultivate a better understanding of business issues. The series is part of BT and Citibank's tertiary outreach programme. Have your say
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  • MALAYSIA/INDONESIA
    • 614 16  -  MALAYSIA INSIGHT Many stocks could revive if closer diplomatic ties translate to the economic front EDDIE TOH KL Correspondent INVESTORS did not pay much attention to the warming of bilateral ties between Malaysia and Singapore last week. The Kuala Lumpur Composite Index eased 0.02
      AP  -  614 words
    • 311 16 Bloomberg [JAKARTA] PT Indofood Sukses Makmur, the world's biggest maker of instant noodles, may sell as much as 1.75 trillion rupiah (*****.9 million) of bonds to buy back dollar-denomi-nated Eurobonds before they come due in 2007. "We plan to refinance the debt with
      Bloomberg  -  311 words
    • 8 16 Compiled by Thomson Financial I/B/E/S
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    • 475 16 His name was listed as being part of a UN oil scam in Iraq AFP [KUALA LUMPUR] Malaysia promised yesterday an inquiry into a US report which said a man with the same name as Prime Minister Abdullah Ahmad Badawi was involved
      AFP  -  475 words
    • 174 16 AFP [JAKARTA] South Korea's state-owned Korea Electric Power Corp (Kepco) is considering investing in the construction of a US$35O million steam power plant in Indonesia, a top official said yesterday. Eddie Widiono, the president of Indonesia's state electricity company PT Perusahaan Listrik
      AFP  -  174 words
  • Page 16 Advertisements

  • GREATER CHINA/INDIA
    • 537 17 Consolidation could start within public sector, say bankers Reuters [NEW YORK] India's banking industry expects a wave of consolidation perhaps with mergers as soon as this quarter as banks emphasise technology and customer service to increase scale and profit, bankers from the country
      Reuters  -  537 words
    • 705 17 LG's plans for a US$43m cellphone factory shows India's growing appeal Bloomberg THE decision by LG Electronics to set up a US$43 million cellular phone factory near Mumbai is hardly the kind of news that creates ripples in financial markets. The amount the South Korean electronics maker
      Bloomberg; AFP  -  705 words
    • 322 17 AP [SHANGHAI] A pair of Chinese companies have been awarded bids worth 3.9 billion yuan (*****.4 million) to build what China is touting as the world's tallest skyscraper in Shanghai, a newspaper said yesterday. The roof of the planned 101-storey Shanghai World
      AP  -  322 words
  • Page 17 Advertisements
    • 317 17 Organized by Main Sponsor (A 8 DBS SICCI DBS Singapore Indian Entrepreneur Awards 2004 The Indian business community in Singapore has always taken great pride of its entrepreneurial spirit and drive to seek out new opportunities. The 'SICCI DBS Indian Entrepreneurs Awards 2004', envisaged and brought to fruition by the
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  • ASIA-PACIFIC/WORLD
    • 535 18 Ruling coalition also looks set to win majority in the upper house Senate Reuters AFP Bloomberg [SYDNEY] There will be a collective sigh of relief in Australia's financial markets today as Prime Minister John Howard's coalition government was swept back to power in
      Reuters; AFP; Bloomberg  -  535 words
    • 363 18 Improved corporate governance is its main priority Reuters [MELBOURNE] Rupert Murdoch's News Corp can expect pressure from big US investors for board changes even after it amended its constitution to win shareholder support for a plan to shift its domicile from
      Reuters  -  363 words
    • 405 18 Bloomberg [SAN FRANSISCO] Oracle Corp chief executive Larry Ellison said he has considered lowering his company's US$7.7 billion hostile offer for People Soft Inc because of a shrinking market for business software. "There have been discussions about changing the price, but there
      Bloomberg  -  405 words
    • WORLD WATCH
      • 89 18 [TOKYO] Two groups of investors that have expressed interest in reviving Daiei Inc may team up to try to bail out Japan's debt-laden retailer, the Asahi Shimbun said yesterday. The report comes after Japan's turnaround body set a Tuesday deadline for Daiei to
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      • 56 18 NYT [NEW YORK] Thomson Corp said on Friday it had agreed to sell its trade publication group, home to American Banker and The Bond Buyer, to Investcorp for US$35O million in cash. The sale of the group, known as Thomson Media, completes the company's four-year
        NYT  -  56 words
      • 80 18 Reuters [TOKYO] Japan and Thailand have agreed to leave out rice from a planned bilateral free trade agreement, a breakthrough that could see i deal agreed by the end of the year, the Nihon Keizai Shimbun said yesterday. Thailand had pushed for the removal of
        Reuters  -  80 words
  • Page 18 Advertisements
    • 272 18 SUBSCRIBE NOW AND STAY COOL ALL YEAR ROUND. Jf A stylish mini-fridge is yours (while stocks last) if you subscribe to The Business Times. Plus, you'll enjoy 10% off when you sign up for one year. To subscribe, call 6388 3838 or complete and fax this jg-a^SPjE'gy form to 6744
      272 words

  • GLOBAL ENTREPOUS @ SINGAPORE 2004
    • 155 19 Suntec Level 4, Hall 403 40 October 12-14,2004 Selected highlights at the GES Business matching portal A website for delegates to match interests and make appointments to meet Ybu can also locate each other through the radk) frequency identity tags you are wearing. HOTDatt Seven-minute rourxkobin meetings
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    • 741 19  -  Ready to get right into the fray? Don't leave home without reading CHEN HUIFEN's tips on surviving Global Entrepolis Singapore CHEN HUIFEN's SO the annual Global Entrepolis Singapore is here again, after a successful inaugural run last year. The mega event is expected to draw more than
      741 words
    • 1166 21  -  SEAN CHIN SIONG THE temptation to jump onto a high-growth strategy is irresistible. But fast growth does not necessarily ensure that it will also be consistent and sustainable. Companies are rolling under the effects of globalisation. They now operate in a continuously competitive economic environment where margins
      ppdigital at http://www.morguefile.com  -  1,166 words
    • 981 22  -  GREG BYRNE looks at two aspects of brand identity that start-ups need to create brand name and brand logo GREG BYRME IF you seek competitive advantage through a differentiation strategy by performing activities differently or taking a different path from your rivals then branding is
      981 words
    • 145 22 '...when something is not a brand, it will probably be viewed as a commodity. The price is what counts. When price is the only thing that counts, the only winner is the low-cost producer... Brand builders use a set of tools to strengthen and project the
      145 words
    • 316 22 What exactly is a mission statement? Here are some questions to help you define one: IWhy are you in this business? What do you want for yourself, your family and your customers? Think about the spark that ignited your decision to start the business. What will keep it
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  • Page 20 Advertisements
    • 329 20 ENTERPRISE EXCHANGE It all happens here Commemorating SEEDS Ceremony 2004 7 the Ist LEAP YEAR or vivian balakrishnan Community tk Gusst of Honour! (Acting Minister for Community FntrpnrpnpiirQhin MR HENG CHEE HOW Development, Youth and Sports timcpiciicuiaiiip (Minister of State for Trade Industry) Senior Minister of State Q£S Making Ministry
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  • Page 21 Advertisements
    • 163 21 PHILIPS |l f P I I Br Jjk. H iiitoiiflr- > Wg. JK Ml, IIU II ml*- 'OHLM I '**+.< KjHr BK&v*v AUf.^^9|Myi Jill Jfe#t HiKf!: The new Philips Flat TV takes you closer to the action. /ST\ For a viewing experience as close as you can get to the
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  • Page 23 Advertisements
    • 436 23 I.*"" r*sr 0 Global Entrepolis Singapore J"?':.' >> THE ENTERPRISE, INNOVATION TECHNOLOGY EXCHANGE j Jpf,^ v. The Enterprise, Innovation and Technology Exchange 11 -15 October 2004 r j Suntec Singapore International Convention and Exhibition Centre www.globalentrepolis.com Into its second year, Global Entrepolis Singapore (GES) 2004 promises to be bigger, more
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  • ECONOMY WATCH
    • 525 24 But some analysts warn of a dot.com era in commodities Reuters [LONDON] China's industrial revolution and prospects for huge Indian growth have fuelled what some analysts see as a long-term metals boom which investors ignore at their peril. Bulls are likening the price rises
      Reuters  -  525 words
    • 827 24  -  They point to high investment negative real interest rates, credit boom, overvalued yuan By ANTHONY ROWLEY in Washington SHARPLY contrasting views about China's economy emerged at last weekend's annual meetings of the International Monetary Fund and World Bank in Washington and analysts say it
      REUTERS  -  827 words
    • 366 24 Bloomberg [DUBAI] Saudi Arabia, Kuwait and the United Arab Emirates, which account for almost half of Opec's oil output, said they're committed to boosting capacity to meet soaring demand that has driven prices to a record. "Regardless of wherever there is a problem,
      Bloomberg  -  366 words
  • Page 24 Advertisements
    • 740 24 WVV||ni|H[ Call toll-free 1800 289 8822 LOST CERTIFICATES The following share certificates have been reported lost, mislaid or destroyed by the shareholdersName of Company Certificate Nos. No.PfsharM In tte name Of Nat Steel Ltd *****2 1 x 937 HoJuanMui Wheelock Properties A *****26 14x1,000 Lee Hong Leen (Singapore) Limited to
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    • 32 24 n^n ft Lianhe Zaobao 5 I Statu I MIHtKSStS I I get tips to be I I women of I I substance I I I I I jcA* I f-r I 1
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    • 24 24 Recruit the one you want for any position you have Call 1800 289 8822 or email recruit @sph. comsg for your recruitment solutions 1
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  • Page 24 Miscellaneous
    • 224 24 CRYPTIC CROSSWORD 21 Might one endure endless unhappiness? (5) 6 Some digital coverage (7) 21 Raising target admits an 22 Brian is terrible sending 7 Qne emp oye( j t0 pu t locks obsession (5) back drink! (7) on bedroom furniture? YESTERDAY'S SOLUTION 23 Organs finding a way into m-n
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  • AVIATION
    • 572 25 Latest round of hikes may dampen air travel demand, observers warn AP [PARIS] Airlines the world over are raising fares in response to the latest oil price hike, which threatens to choke off a gradual recovery in air travel and deepen
      AP; AFP  -  572 words
    • 200 25 AFP [AUCKLAND] A drunk passenger picked the wrong flight on which to cause trouble when fellow travellers on his Singapore Airlines plane to New Zealand included members of a British police sports team, the Sunday News reported. When the troublemaker became aggressive and
      AFP  -  200 words
    • 397 25 AIRLINE CODES: AA: American Airlines (AAL), AF: Air France (AFR), AI: Air India (AK), AY: Finnair Oy (FIN), AZ: Alitalia Airlines (AZA), BA: British Airways Public Ltd Co (BAW), BG: Biman Bangladesh Airlines (BBC), BI: Royal Brunei Airlines Sdn Bhd (RBA), BO: Bouraq Airlines (BOU), BR:
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    • 367 25 AFP [MONTREAL] The UN agency that oversees civil aviation safety is set to begin publishing previously confidential reports on countries that are lax in adopting its safety norms. To date, the International Civil Aviation Organization (ICAO) has been reluctant to publicise such
      AFP  -  367 words
    • 199 25 AFP [LONDON] London's main Heathrow airport, the busiest international airport in the world, is "as safe as ever" despite a worker falling ill with legionnaires' disease, airport officials said on Saturday. A 26-year-old man working on a construction project off limits to the travelling public
      AFP  -  199 words
    • LOG BOOK
      • 46 25 Xinhua [BEIJING] Two Chinese airlines have ordered 26 Airbus aircraft. Air China ordered six A3l9s, which are scheduled for delivery in 2005. China Eastern Airlines and Airbus also signed a contract for the purchase of 20 A 330-300 aircraft. —Xinhua
        Xinhua  -  46 words
      • 39 25 Bloomberg [TOKYO] Central Japan's strongest typhoon in a decade, Ma-on, disrupted air and rail operations on Saturday. Japan Airlines and All Nippon Airways together cancelled 319 flights, affecting about 65,000 travellers, the Yomiuri newspaper said.
        Bloomberg  -  39 words
  • Page 25 Advertisements
    • 1238 25 /9jfe NOEL GIFTS INTERNATIONAL LTD (Incorporated in the Republic of Singapore) NOTICE IS HEREBY GIVEN that the Annual General Meeting of Noel Gifts International Ltd (the Company*) will be held at The Boardroom, 50 Kallang Avenue, #04-01 Noel Corporate Building, Singapore *****5 on Wednesday, 27 October 2004 at 10.00 a.m.
      1,238 words

  • SHIPPING
    • 379 26 Bloomberg [LONDON] Persian Gulf oil tanker rates to Europe rose to the highest in more than three decades as oil producers pumped faster, prompting companies to scour the market for ships to take on November cargoes. Rates to Asia soared to a four-year
      Bloomberg  -  379 words
    • 697 26  -  Buoyant freight rates, oil prices, robust Asian exports cited By VEN SREENIVASAN [SINGAPORE] A combination of buoyant freight and cargo rates, high oil prices and robust Asian export growth has sent shares of shipping and offshore and marine stocks surging by between 30 and 50
      697 words
    • 278 26 [SINGAPORE] Singapore is offering an annual fellowship for a graduate diploma course in maritime and port management to a Chilean student under a new maritime co-operation pact signed with the Latin American state. The Maritime and Port Authority of Singapore (MPA) signed a
      278 words
    • 181 26 (SINGAPORE] An Indonesian wooden craft caught fire and sank early yesterday morning in Singapore waters off the Bedok Jetty. There was no report of any injury to the crew or oil pollution as a result of the incident, according to the Maritime and Port
      181 words
    • 284 26 Source: Money line Telerate SGX '000 Oct 8 5$ W- Vol CH Offshore .0.44 0.01 ***** ChuanHup .0.68 0.01 ***** Cosco Investment 1.10 unch ***** CWT Distribution .0.55 unch 555 EzraHldgs 1.22 0.09 2121 Freight Links 0.10 -0.01 55 Grand Banks Yacht 0.84 0.02 57 Java Holdings 1.05
      Source: Moneyline Telerate  -  284 words
  • Page 26 Advertisements
    • 1252 26 M, &G BAN JOO COMPANY LIMITED NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 2004 Annual General Meeting of the shareholders of the Company will be held on Thursday, 28 October 2004 at 18 Cross Street Bth Floor Marsh McLennan Centre Singapore *****3 at 3.00 p.m. to
      1,252 words

  • Page 27 Advertisements
    • 2129 27 I TO USA/CANADA I I EXPORT 1 I OTHER DESTINATIONS I Ivtssa [VOY PRS ETA SW LONG REACH DALLAS I HOUSTON 1 MEMPHIS I CHICAGO! NEW YORK TO AUSTRALIA (AUSTRALIA ASIA EXPRESS) PtO NEDIiOYD HOUTMAN 24E42 OMIT 13/10 I 29/10 04/11 05/11 03/11 03/11 01/11 VESSEL VOY j tTA SMi
      2,129 words
    • 895 27 UNTimiU KOtO »«VK« vtssa/vor wwn worn*) pro kh lo sw jkt STVAITS VENTURE/13 IS 3.2 14/10 14/10 11/10 14/10 24/10 STtAnS VENTURE /14 IS U N/10 31/10 04/11 07/11 09/11 STtATTS VENTURE /IS 15 3.2 12/11 14/11 11/11 21/11 23/11 I WIST ASIA/MMQAI KOtO SVI VISSa/VOT IAMPffT) HEIGHT(M) TO» *11
      895 words

  • Page 28 Advertisements
    • 857 28 l) SSg"°*° r IL a IA« aiso occopi HnnrAjHi ui|mi »i» 7 I For Schedules, BL Searches, and Container Tracking, visit on our Home Page:_jaQgQg^ngjf»M9nitffl__ www.homburgsuJ.coni HAMBURC^lt6i"irc ,mi OTVOT frirmim inttai iiitiH top 1777 thii ,SAft s«vi« (»pq«t) i ts i »<=- —lr w ss. Sir* iw "ty ""shp *w*
      857 words
    • 1201 28 w SIM JKT HKGI KHHIMC KYH PUS VESSEL VOYjSIN JKT SUB HKG DSN PUS HY VLADIVOSTOK 148S 7/10 »/10 14/10 14/10 18/10 20/10 20/10 KMTC KEELUNG 414S 13/10 16/10 17/10 22/10 26/10 27/10 HY PKOGKESS MSS 14/10 16/10 21/10 23/10 25/10 27/10 27/10 KMTC SINGAPORE 414S 17/10 20/10 21/10 26/10
      1,201 words
    • 964 28 SJOifSfe WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS VESSEL VOY SIN MIAN6 COtOglO It SHIVA COLOMBO lAYHIBGt 002W 04OCT MOO OCT HflQ 1122 AUSTIAUA HIOGE QQBOW HOP 13 OCT It OCT H OCT MOO mnmu vnmsi man mo a ana Mfl. IW— lIIDIHA GAMDHI
      964 words

  • Page 29 Advertisements
    • 1323 29 UIAI WALLENIUS WILHELAASEN website: http://www.2wfllobal.tom wc I ww moo TAMERLANE Af42o 320T0m 6.4 M I 16/10 I 09/11 11/11 25/11 26/11 01/12 29/11 03/12 22/11 TAIKO AF42I 4201« m 6.4 M 01/11 I 24/11 03/12 10/12 11/12 15/12 13/12 17/12 07/12 TAUSMAN AF422 320Tb« 6.3 M 15/11 10/12 20/12 27/12
      1,323 words
    • 1507 29 VOY S|) VOY UM j| J4USHB UUI jjflS- -Mi.' Biz UZjjj 11/14— CSf 2301 004tf 12/14 5245 IS/W fACIAWA nflTll n/10 WQL- 4136 110$ lUlfl— CSf 2101 004 if 14/19 14/15— Mil 19/ljj 22/10 —«s m^msMinsmm jfrr- a I Mtull iSli UZIB IMS— gWBfl S3! m M/l'— f h r
      1,507 words
    • 607 29 BSA a. MYANMA n FIVE STAR LINE (Myonmor National Uao) Loading far Yaigoi VESSEL VOY SIN HI PEN PGU PAGAN 332W SU> HPA-AN 326W 26/09 IN MALAYSIA: lOUSTEAD SHIPPING AGENCIES MIL 03-*****300 PKL 03-*****101 PEN: 04-*****02 ACCEPTING CONVENTIONAL CBO HUG SIN HKG SIN PGU PKI KUC MARINE STAR 60 SID
      607 words

  • Page 30 Advertisements
    • 1378 30 ft S port Agents IAL SUpptog JUmky (S) Ph Ltd (CI NO: 165M*****0Z) \Wv% (I 180 baSM#ll43 Bonokok lank Building. Singapore *****6 M Ct-nterasia W: 6323-6466/77 Fm 6323 6433 WekiTte: www.litouiialiioi.CM SUPER EXPRESS SERVICE TO HOHO KOWQ A JAPAN vtssa [wr|o«|io»| mz 1 no| tok hug |rn isop I rasa
      1,378 words
    • 938 30 I IMCC MAIN: TO: (221-1333 FAX: 6221-5272 /rSy LllvCv CUSTOMER SWVKfc TO: 4221-5596 FAX: *****190 Jb/Cal SINGAPORE:TOWGJOOSHIPfIMOPTI UP IMkWWW^INUM mmi. wimm AW rygsa [wr ire awl »ni I— I uulmua ivbsb i vot i rami twu son |vtssa |voy irasxi hph luw UftjmfmJAWG 4039 117/10 22/10 23/10 20/10 19/IoIIUNGAMASIII 4029
      938 words
    • 504 30 223W1^1/I^l^7/1^23^4/l^l ■PlffWl TIGER SKY 224N 12-13/10 19-21/10 26-27/10 I Wmmm™*™ 225N w-i»/io 22-24/10 3031/10 Hft 226N 19 20/10 26-21/10 02-03/11 ■■■■TIGERPEARL 227N 23-24/10 29-31/10 06-07/11 TIGER SKY 228N 26-27/10 02-04/11 09-10/11 304 ini/lMnO/l^r79/l^ ■VMIfflM J BALSAM 163 17-11/10 24-26/10 03-04/11 ■ttUUfl ACHIEVER 159 21 -22/10 29-31/10 0809/11 I PW—B TIGER
      504 words

  • THE BUSINESS TIMES SHIPPING TIMES
    • 6956 31 ETA ETA Advtrtbcr Vessel ,y»y Telephone ETA ETA Ve»H Vow T JJS52T Sin Dest'n Mane limn Mmmw Muwibir SIN Desfn Hum Mmm mMoer IMMINJII 26/10 12/11 COSCO EMPRESS SEA 0161W *****900 To ABIDJAN (ABJ) 2003 Cote D'lvoire To GLADSTONE (GLT) 2138 Australia 18/10 28/11
      6,956 words
  • Page 31 Advertisements
    • 25 31 -y < I* t fa* <* One-Stop SfoftfUHf Senvica.7 (e.g. ship registration, ship classifications radio accounting services...) Watch out for tomorrow's Business Times Shipping News s <; /..•> j
      25 words

  • 3985 32 STRAITS TIMES INDEX STOCKS IMwm <m O— aim* SMcfc <m am Chug* Allqreen 50c 0.30 VOM -0020 NQL 121 3 080 -0 060 Bit tntl US30c 0.46 0.990 t-0 005 OCBC 10.65 ***** -0 100 CapitaLand 122 1-810 Pathway H 25c 067 1 430 <0.020 pan SemiCood 26c
    3,985 words

  • 3155 33 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES to total curr Id St In US* &r %r %<b %r dy *y Oct» IndM Oi»t<9> Puny Q>ng» Chi— .Q«oq« Change World Index Preliminary 604.7 -03 34 -04 1-8 0.1 23 «EAfEPwftnln»y 744.4 -03 63 03 3J 0.7 49 Europe Preliminary 1017.7 -0-3
    3,155 words
  • 898 33 COMMODITIES: WEEKLY ROUNDUP AFP [LONDON] World commodity markets rode a wave of speculative buying last week, with oil reaching new record highs, copper flirting with a 15-year peak and gold scaling a six-month summit. "Despite the price levels of many commodities setting fresh multi-year
    AFP  -  898 words

  • BizIT
    • 790 34  -  By the end of 2010, almost every other phone in a business will be an Internet Protocol phone, according to a Frost Sullivan study. AMIT ROY CHOUDHURY reports AMIT ROY CHOUDHURY SINGAPOREAN companies buying new telephone equipment are increasingly choosing phones capable of using the Internet, according
      Source: Frost &  -  790 words
    • 363 34  -  GLOBAL ENTREPOLIS SINGAPORE By AMIT ROY CHOUDHURY IMAGINE turning your camera phone into a video camera with a simple download that costs just $5. This innovative offering is one of several on display at the Global Entrepolis Singapore (GES) megashow,
      363 words
    • 760 35  -  <we say> Every individual security lapse diminishes the overall security of an organisation RAJU CHELLAM Senior Correspondent IN an online world wrought with spam and spyware, and with viruses and worms, the only thing that keeps your data safe from the virtual wolves is your password.
      760 words
    • 930 35  -  <you say> NICK HAWKINS AS the Internet evolves and becomes more sophisticated, so do the scams and crimes that are committed online. During the past six months, one particular type of online security crime has seen incredible growth the online fraud scam. These scams
      930 words
    • <what's up>
      • 83 35 LOCAL 3G-related research has received a boost following the completion of a successful collaboration effort between leading semiconductor maker STMicroelectronics (ST) and A*Star's Institute for Infocomm Research (12R). ST has set up a centre of excellence in Singapore, and will hire 14 research scientists and
        83 words
      • 48 35 ORIENT Networks, an independent Pan-Asian network service provider, has appointed Enrico Nora as its vice-president, finance. Mr Nora will be based in Singapore. The new appointment is a part of Orient Networks' efforts to realign its business direction in the Asian network services market
        48 words
      • 52 35 ENTERASYS Networks, which provides enterprise customers with network infrastructure products, has appointed Kip Cole as vice-president of channel sales for South Asia. Mr Cole reports to Attley Ng. president of Asia-Pacific. Mr Cole will be based in Singapore. Previous to this appointment Mr Cole was with
        52 words
      • 57 35 AN Indian IT forum. The Rise and Continued Rise of Tech Outsourcing, will be held today at Suntec City Convention Centre from 1.30pm to 5.30pm. Part of Global Entrepolis Singapore 2004, it is being jointly organised by the Asian Media Information and Communication Centre and the India
        57 words
      • 117 35 MESSAGELABS. a leading provider of managed email security services to businesses, has identified a new method through which spammers are attempting to take control of PCs for distributing further spam. The company's anti-spam service has intercepted a number of emails containing a 1 "click here to remove" link
        117 words
      • 80 35  -  Compiled by AMIT ROY CHOUDHURY NEC Corporation has won Frost Sullivan's Market Engineering Award for Leadership for the overall Asia Pacific Enterprise Telephony Market for the third consecutive year. It emerged as the overall leader in the Asia Pacific enterprise telephony market, with a market revenue
        80 words
    • 546 36  -  BT exclusive Asia, from China to S'pore to India, is a great market for Dell but product and segment emphases may vary, its chief Kevin Rollins tells KENNETH JAMES KENNETH JAMES DELL CEO Kevin Rollins has slammed news reports that the PC leader had
      CHRIS LOH  -  546 words
    • 756 36  -  &lt;cool stuff&gt; Sim Lim Square is both a tech paradise and shopping nightmare rolled into one. Checking out Hardware Zone before making the trip would be a smart move, says RAJU CHELLAM RAJU CHELLAM WOULD you like a 128 megabyte thumb drive from ScanDisk
      756 words
    • 511 36  -  By RAJU CHELLAM THEY'RE young, ambitious, highly educated and geeky. They run a website that gets 32 million page views a month and was rated the top IT media website in Singapore in August by Hitwise. And the startup they founded now employs 45 people.
      511 words
    • <what's new>
      • 90 36 CREATIVE has announced its first Sound Blaster Audigy sound card to plug into a notebook's PCMCIA slot, thus giving notebooks high-quality sound found on desktop PCs. The PCMCIA Sound Blaster Audigy 2 ZS Notebook enables users to listen to audio tracks on a notebook in 5.1 and
        90 words
      • Article, Illustration
        93 36 Iomega has introduced two new Iomega Super DVD 16x recorders which support the the new 8.5 gigabyte double-layer (DL) recording standard. The Super DVD QuikTouch Video Burner 16x Dual-For-mat USB 2.0 drive combines a DVD recorder with a video capture card and is priced at $579. For general
        93 words
      • 101 36 Samsung Electronics has introduced its latest multi-functional personal entertainment display the SyncMaster 730MP. Equipped with both monitor and TV functions. the 17-inch 730MP also provides a built-in FM radio, a 5-in-l flash card reader, two USB ports and high quality multimedia speakers with Dolby Virtual Surround Sound
        101 words
      • 90 36 Macromedia has announced the availability of Macromedia Captivate. which allows anyone to easily record onscreen activity and create software demonstrations and interactive simulations. Simulations provide an interactive learning experience that requires user input Content created using Captivate can include audio, animation and scored interaction. The Windowscompatible product
        90 words
      • 82 36 Network Appliance has introduced the NetCache 6.0 software which further enhances its Internet access and security solution. Net Cache 6.0 software helps guard against security threats, expands support for in-dustry-leading security partners, minimises virus and hacking risks, and accelerates and improves management of customers' Web and application information.
        82 words
      • Article, Illustration
        114 36  -  Compiled by AMIT ROY CHOUDHURY Pioneer Electronics has also unveiled its latest range of DVD recorders (DVR) the DVR-320-S, DVR-720H-S and DVR-520H-S. The DVR-320-S is a straight forward model and does not have a built-in hard disk drive (HDD). The DVR--720H-S comes with 160 gigabyte hard disk built
        114 words
  • Page 34 Advertisements
    • 226 34 l iMPtlffiWrJßl j jnHQDOiB^H|HJB &gt;Uf 4IM K|HBf^SKjAK^nDßfl| w|T?Hprr Dm, J&fmA 1 B I ■JiallM 1 V. I W&gt; Ifi u Mat aasaaam; rwfStt&'t -ftiiji- '■&lt;# ?vImMA Mli(BKB jjsMM (HMni Spfl A &gt;1 by. a I fi| -*«-a-w y IM^^H .±M -S KRi^nlf b~*-- i®Sr MP2!2g3 9 HKHIBI^CSSp 3DMHHV Copiers and
      226 words
    • 8 34 1 EXCLUSIVE Dell CEO slams report. PG 36
      8 words

  • Page 35 Advertisements
    • 885 35 ■H^^g^^^^^S^HHB^^H|HßJl^ro^dvertiKccalHol^t^Bo^B^B2^Emaj]^otkcs®sp^om^ Hfeft Radiance Electronics Limited (■HB (Incorporated In The Republic Of Singapore) UH Company Registration Number: *****2428H NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Second Annual General Meeting of Radiance Electronics Limited will be held at 21 Serangoon North Avenue 5 #05-02, Singapore *****4 on 27
      885 words


  • Page 37 Advertisements
    • 199 37 llb "With Citrix, we saw a 200% I a smiie n m^fece The $35 I ipNMK miUion we re saving in IT costs the next five years will EVP Systems and Operations Scotiabank ÜBpwmf mtk g.w.v.COOOBB «ra&lt;Kwa» infrastructure for the on-demand enterprise 1 1 wKttttjflf Scotiabank, the second largest bank
      199 words

  • VISION FOR INNOVATION
    • 1163 38  -  Staying ahead of competition requires not just innovation but also successful marketing of products and services created, industry observers tell UMA SHANKARI UMA SHANKARI FOR Singapore to stay one of the world's top places to do business, local companies have to be leaders in product development and
      1,163 words
    • 830 38  -  By CAROLYN QUEK WHEN it comes to developing products, muvee Technologies, a winner in the previous National Infocomm Awards, is always exploring places "where nobody else is looking". "One thing that we always consciously do is to look at places where people are not looking
      CHRIS LOH  -  830 words
  • Page 38 Advertisements
    • 45 38 Vision for Innovation is a four-weekly series brought to you by Infocomm Development Authority of Singapore (IDA) and the Singapore Infocomm Technology Federation (SiTF). It celebrates the spirit of innovation at work and examines how companies in Singapore embrace innovation for economic value and impact.
      45 words
    • 88 38 The National Infocomm Awards is the highest industry accolade for Infocomm innovation in Singapore. The award is jointly organised by the Infocomm Development Authority of Singapore (IDA) and the Singapore Infocomm Technology Federation (SiTF). The NIA provides a platform for recognising innovative products and services from infocomm companies in Singapore.
      88 words