The Business Times, 7 March 2005
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2005-03-07
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The Business Times
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Title Section15 2005-03-07 1 THE BUSINESS TIMES SINGATO^'illf? online at http://business-times.asia 1 .com.sc MICA (P) 089/03/2005 Monday, March 7,200515 words
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Article, Illustration632 2005-03-07 1 SIOW LI SEN - Top performer DBS made record $1b from it in '04 By SIOW LI SEN [SINGAPORE] Buoyant economies at home and in the region boosted local banks' fee and commission income, with DBS the richest of the three, making a record $1 billion in 2004.Compiled by BT - 632 words
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Article131 2005-03-07 1 MARKETS Week Chge STI .2154.55 +19.47 KLSECOMP 885.33 -18.18 NIKKEI 225 *****.05 ....+214.80 HANG SENG *****.78 -426.31 SET INDEX 728.42 -11.62 JAKARTA COMP ...1103.01 +19.63 MANILA COMP ....2124.69 +51.50 TAIPEI TAIEX .6193.62 -14.21 SEOUL COMP 1012.96—+16.01 SHENZHEN B 260.05 +1.00 AUSTALLORD 4201.90 ......+85.50 DOW JONES *****.55 +98.95 NASDAQ131 words
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Article, Illustration485 2005-03-07 1 JOYCE KOH - BT exclusive Asking price $3.4m; house shows signs of hurried exit By JOYCE KOH [SINGAPORE! The former chief executive of troubled Citiraya Industries may have fled the country and is now incommunicado to the police, but Ng Teck Lee still has some unfinished businessJOYCE KOH - 485 words
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Page 1 Advertisements
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Advertisement46 2005-03-07 1 2, J produce RFID chips in Singapore pgm BTONUNE For the latest financial news, currency movements and a 7-day archive, visit business-times.asia 1 .com.sg This service is available to subscribers from 4am Singapore time (2000 GMT) each day. 'Views From the Top' has been held over46 words
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Advertisement66 2005-03-07 1 COMMENTARY Sharing ownership of new infocomm plan pg3 811 HI HOW TO TAME THE STOCK J* "MARKET Looking for advice and tips from a seasoned market watcher? Then you need look no further. Because this week we start a 12-part series by Business Times senior correspondent RSivani% who wiß show66 words
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Advertisement11 2005-03-07 1 DINING OUT The Aussie chefs are coming PGII MjflkjTW' 11 TwZW^^^^^JmM11 words
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Advertisement13 2005-03-07 1 LETTER TO SHAREHOLDERS« Warren Buffett on corporate MVV comment and women's I V13 words
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TOP STORIES
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Article, Illustration841 2005-03-07 2 ANDREW MARKS - WALL STREET INSIGHT US stocks surge despite another climb in oil prices By ANDREW MARKS in New York WALL Street has been waiting for a strong jobs report since last October, and when it finally got one on Friday, traders reacted gleefully,AP - 841 words
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Article477 2005-03-07 2 S'pore investors' trades in US stocks jump 25% in Q4 SINGAPORE investors traded US$l5 billion worth of US corporate stocks in the October-December months, according to latest United States Treasury figures. This was up a sharp, 25 per cent from Q3 when Singapore investors, spooked by record high477 words
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Article, Illustration740 2005-03-07 3 CHUANG PECK MING - But dealings for full year down 22% to US$53b, after 15% drop in 2003 By CHUANG PECK MING [SINGAPORE] Singapore investors appear to have given the thumbs-up to George W Bush's re-election. No longer content with remaining on the sidelines740 words
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Article, Illustration719 2005-03-07 3 KENNETH JAMES - COMMENTARY While the proposition is hugely appealing, how it works out on the ground will determine the success of iN2015 KENNETH JAMES Technology Editor 1 M A Chorus Line" it wasn't. But Singapore M\ Computer Society president K C Lee j and his executive719 words
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Page 2 Advertisements
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Advertisement73 2005-03-07 2 lfr*ae f"Wv *mm «W— «*>V Where deals are sealed over a 4 'if•**** whiff of the "glutinous-rice green tea" and a generous portion of "Poon Chojj" *> ,T V J ,-V" Executive set menu for 4 persons 6-cotfrse set menu Including Poon Choy and Double-boiled. Herbal Soup at only S$73 words
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Advertisement336 2005-03-07 2 Take the next step with an MBA A PWho altouM wnbwk on an MBA: i sr* Technical professionals mo»to| into Midrte-ievel professionals who g| a «flB management positions wlw need skflto to broaden their understanding of' Sjߧ $yy m global operations ano strategy Mm functional areas within a Jn§H I336 words
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Page 3 Advertisements
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Advertisement252 2005-03-07 3 BRISBANEES3 VW GRADUATE SCHOOL OF BUSINESS CRICOS provider code *****J Brisbane Graduate School Of Business (bgsb) Queensland University Of Technology (qui) 00 WW i the average work experience J of our students was 12 years, I i Experienced Managers know the valde of quality Specialised in teaching and research in252 words
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COMPANY NEWS
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594 2005-03-07 4 JOYCE KOH - CEO and chairman in war of words over accounts receivables By JOYCE KOH IT'S a case of a war of words at Greatronic Ltd as critical documents become unavailable and the company's auditor, Ernst Young, decides to make a full provision of $1.3594 words
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720 2005-03-07 4 R SIVANITHY - HOCK LOCK SIEW By R SIVANITHY THE covered warrants segment has certainly exploded into life in the past few months with new instruments being listed every day. In January, for example, warrant volume amounted to $716 million 5 per cent of total720 words
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387 2005-03-07 4 JOYCE KOH - By JOYCE KOH INFORMATION technology company Ei-nets* plans to bring in a new investor and expand its existing business have hit a snag the company said over the weekend that the investor had been unable to fund the proposed purchase of new387 words
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Article140 2005-03-07 4 [KUALA LUMPUR] Thirteen stockbroking companies, including from neighbouring Singapore, Japan and France, are bidding for five foreign stockbroking licences that have been put up for grabs by Malaysia's Securities Commission, a report said yesterday. The Edge business newspaper said the Securities Commission was140 words
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Article, Illustration760 2005-03-07 5 JEAN CHUA - CORPORATE ANALYSIS Stock is trading at only six times estimated earnings, and company is focusing on higher-margin products, after recording 44% jump in sales last year, reports JEAN CHUA JEAN CHUA AFTER an auspicious debut on the Singapore Exchange on Feb 11 last year when.it shot760 words
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Page 4 Advertisements
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Advertisement24 2005-03-07 4 r _p„ M Grab your FREE tickets NOWI Call Nancy at 6256 3063 Email: nancy«techmex.coni.sg f|||||||||||mS| CyanSYS' D) 5S S&KfPfyM 2is£ ~a™~.»~™- Microsoft i.i.«.m24 words
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Page 5 Advertisements
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Advertisement57 2005-03-07 5 I J I'hSj A JTC 3-Storey Purpose-Built Detached Factory in Changi South FOR SALE/LEASE 30 30 yrs wet 1 May 95 Land area 44,756 sq ft, GFA 62,417 sq ft Fully air-con, well maintained FIRSTUNK INCUBATION (Managed by NSC Executive Centre) MiMM Level 7 4 8 Firetlink Centre 506 Chal57 words
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Advertisement185 2005-03-07 5 |j|H H m M e v II I I ~__J«ggfc I H'll I H■ 1 1 i II 1 I ahmkß^^BHß j; > S > A I II B F fl V T^f"'^Bf* 1 B, 1 ■b ..^Bl^ i K <■■K r t: Imagine a global financial firm with the185 words
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SINGAPORE MARKETS
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Article, Illustration633 2005-03-07 6 R SIVANITHY - STOCKS R SIVANITHY Senior Correspondent AN advertisement for a US trading newsletter uses this slogan to attract subscribers: "The secret to winning on Wall Street is to hold uptrends and sell downtrenders. Trust your own eyes, it's not rocket science!" Judging by the vast divergence633 words
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397 2005-03-07 6 CURRENCIES AFP [HONG KONG] Asian currencies ended the week little changed against the US dollar as limited market optimism for the outlook of the US economy grew but positive regional data offset any major slide. Japanese yen: The yen held nearly steady during the week,AFP - 397 words
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Article1325 2005-03-07 6 Payment Ex Payment El Books Pay ict») tea 4gsa_ issl—4stj —dw— Action Asa 10c 0.50 124% 1741ay *'4% MFS Tech 10c S 1TE 174tar 22-Mar JIMar A«gr»en Prop SOc b 6J0 28% 044% 164% MOILUS5c f US1.00 I64ta 21-Mar 114% Amtek£ngg20c I 2JO 01 Mar (H-Mjr Jfr-Mar NeraBectSc1,325 words
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Article, Illustration446 2005-03-07 6 Compiled by Thomson Financial l/B/E/S OTHER SINGAPORE INDICES Mar 4 VALUE CLOSE BT OB/OS -585.00 +116.00 BT CADI -*****.00 +70.00 BT 10-day MA -*****.00 -59.00 All-SG Equities 554.69 +0.90 SG Equities Elect 142.24 -1.03 SG Equities Fin 1616.35 +1.09 SG Equities Prop 557.04 +5.25 SIMSCI 254.10 +0.01 SiMSCI446 words
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Article, Illustration1176 2005-03-07 7 TEH HOOI LING - TEH HOOI LING Senior Correspondent INVESTORS continued to be jittery about the small cap sector Not helping matters were the unveiling of a couple of more cases of suspected wrongdoinjp in that space. Crmsflfniflntlv VIUUBO4UO U UJ, most of our portfolios retreated with the1,176 words
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Article, Illustration996 2005-03-07 8 ROBERT HALILI - INSIDE MARKETS But several deals involving recently listed counters such as Ace Achieve and Anwell bear watching, says ROBERT HALILI ROBERT HALILI DIRECTOR and substantial shareholder activity fell sharply last week with just 52 trades worth $12.2 million, based on filings on the Singapore996 words
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Page 6 Advertisements
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Advertisement60 2005-03-07 6 WEEK AHEAP Investor events to watch out for Bonus Issue of Radiance Elec, ex-date, Mar 7 WBL Corp's dividend payment, Mar 7 BMT dividend, Mar 8 Ellipsiz's dividend, Mar 8 K1 Ventures's dividend payment. Mar 8 Brilliant Mfg's dividend payment, Mar 9 CMPacif ic's dividend payment, Mar 9 Inchem Hldgs's60 words
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Page 7 Advertisements
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Advertisement191 2005-03-07 7 ,_r«*&<•- t*<. **i I x 1 *.f t r |b v, \'rS K i 7 -.j- Ur I Li—— TOWER Members only the I I t t f Wine and dine with Sydney-based I K Two-Hat Chef Harunobu Inukai 1 Enjoy French-Japanese Haute Cuisine its finest... M accompanied by Yering191 words
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Page 8 Advertisements
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Advertisement134 2005-03-07 8 ;<j surronding I Property Developers Agents can promote new units in this W i"* feature Submit your listings to us and eadi unit will be given a BWUBB r For enquires and advertisement bookings, cafl CATS at jjffflg^lß^ggEffifeffl U 1800-28S-9988n0w. H HLJShB For more prominence, you can buy a display134 words
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SINGAPORE NEWS
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827 2005-03-07 9 ALEXANDRA HO - Co-op out to raise awareness through seminars; financial advisers take cautious stance By ALEXANDRA HO ON paper, it sounds like a good deal. Unlock the value of the property you have spent most of your life paying for by getting a reverse mortgage.827 words
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356 2005-03-07 9 CAROLYN QUEK - By CAROLYN QUEK FERROSAN, the company which invented the "beauty in a pill" product Imedeen, wall be expanding its presence in the region, according to Niels de ConickSmith, its chief executive. The Danish company, with its regional headquarters in Singapore, will be introducing three356 words
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Article179 2005-03-07 9 DATE/ TIME EVENT VENUE 8 Mar Singapore Chinese Cham- SCCCI Conference 9.30am ber of Commerce Indus- Room, 2nd Level try Seminar 'Budget 2005 Highlights Understanding its Implications for your Business' 8 Mar ISEAS Seminar on Interna- ISEAS Seminar Room 10.00am tional Migration in South- II, 30 Heng Mui179 words
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Article, Illustration704 2005-03-07 10 CHEN HUIFEN - N is for Nestle as well as Nutrition S'pore unit will manage regional infant nutrition in new business focus By CHEN HUIFEN AFTER decades of being known as a food and beverage company, Nestle now wants to go big on nutrition and is channelling resources into a new organisation created704 words
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Page 9 Advertisements
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Advertisement147 2005-03-07 9 SECURITY AT AIRPORTS WILL SOON BE UNPRECEDENTED, MUCH TO THE RELIEF OF THE 1,800,000,000 PASSENGERS WHO TRAVELLED LAST YEAR. With the NEC Fingerprint Identification System, airports everywhere will be more secure than ever. An evaluation by National Institute of Standards and Technology, on behalf of the U.S. Department of Justice,147 words
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Page 10 Advertisements
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Advertisement1271 2005-03-07 10 Company Formation Foreign Direct Investment Virtual Offices Since 1975 OCRA Worldwide has been providing offshore incorporation and administration solutions for Asian and International businesses. Wb have been at the forefront of corporate and financial Irends in China and lead the field in foreign drect investment Our pioneering spirit, professionalism and1,271 words
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Advertisement568 2005-03-07 10 IN THE MATTER OF STONEHENGE TELECOM SINGAPORE PTE LTD REGISTRATION NO. *****2675 C (IN CREDITORS 1 VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act. Cap. 50. that a Final General Meeting of the members and creditors of the abovementioned Company will be held at568 words
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Advertisement356 2005-03-07 10 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 INTERBREW SINGAPORE INVESTMENT PTE LTD (Company No. 2OOOOO40OM) MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company convened and deemed to be held at Brouwerijplein 1, 3000 Leuven, Belgium on 28 February 2005, the following resolutions were duly passod:356 words
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Advertisement794 2005-03-07 10 FORM 55 (Rule 112) IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE COMPANIES WINDING UP NO. *****4 OF 2002 MEASUREX ENGINEERING PTE LTD NOTICE OF MEETING (GENERAL FORM) Take notice that a meeting of the creditors in the above matter will be held at 10 Collyer Quay, #06-05 Ocean794 words
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DINING OUT
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Article, Illustration1453 2005-03-07 11 It's Dining in Oz time, as visiting Australian chefs come to Singapore to spread the gospel of good food. Here's what to expect over the next few weeks Modern Australian Menu by Genevieve Copland from the Lotus, Sydney River Cafe, 41 Robertson Quay, Tel: 6733 4414.1,453 words
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Page 11 Advertisements
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Advertisement260 2005-03-07 11 CrftaMneMMWntt BBhs£S2£S£ IN THE HIGH COURT QF THE REPUBLIC OF SINGAPORE Companies Winding Up No 307 of 2003/N In the Matter of the Companies Act, Cap 50 and In the Matter of eLogicity International Pte Ltd (In Liquidation) Reg. No. *****2721 C NOTICE OF MEETING OF CONTRIBUTORS Take notice that260 words
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Advertisement30 2005-03-07 11 f It*9*9m 435" Orchard road L y wis kvc a -At run WISMA J*L*&*pore zt3,GGr?-y--31A fe23g 6i4i t His t/iew Menu. B>eef UteflgM Christ salad fK 5 &R,tO\AS A&OUT •KJW30 words
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Advertisement84 2005-03-07 11 Arguably iSST The Finest Oysters In The World Kumamoto is the name of the large bay on the southern most island of Kyushu, Japan, which is famous for its unique breed of oyster. Commonly referred to as the Kumamoto oyster, it gained popularity and a permanent place in the US84 words
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BT-CITIBANK YOUNG INVESTORS' FORUM
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Article, Illustration925 2005-03-07 12 The Singapore stock market is, to some, a strange and elusive creature, whose habits and workings often seem too complex to understand. Yet, as unfathomable as it may seem, it is not beyond comprehension. This week, we start a 12-part series by Business Times senior correspondent R925 words
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Article, Illustration624 2005-03-07 12 KELVIN SAM - CAMPUS LIFE KELVIN SAM talks to the winners of the S'pore leg of the Trust-Danone business competition about their winning strategy, business case competitions and studying in French cafes KELVIN SAM THEY spoke with polished ease, their slides shone with professionalism and their business strategyARTHUR LEE - 624 words
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Page 12 Advertisements
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Advertisement251 2005-03-07 12 Be smart with your finances FANCY becoming the next Warren Buffett or George Soros? Or even the famous Robert Kiyosaki? Then read on. The Young Investors' Forum, part of the BT-Citibank Tertiary Outreach Programme, isn't another dry page out of your financial textbook. To complement our editorial content, we have251 words
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ECONOMY WATCH
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Article, Illustration683 2005-03-07 13 China forecasts 8% economic growth in 05 More emphasis on building up rural sector and incomes this year: PM Wen Bloomberg [BEIJING] China's Premier Wen Jiabao has announced plans to slow growth in the world's fastest-growing major economy to 8 per cent this year by clamping down on urban infrastructureBloomberg; AFP - 683 words
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250 2005-03-07 13 Reuters [HONG KONG] Hong Kong Chief Executive Tung Chee-hwa said yesterday that the city's economy grew by more than 8 per cent in 2004. Mr Tung made his comments in front of journalists as he began a meeting with Chinese PremierReuters - 250 words
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502 2005-03-07 13 Bloomberg [BEIJING] China, the world's fastest growing major economy, will stick with its existing exchange-rate system and won't allow "large scale" appreciation of the yuan against the dollar, the nation's top foreignexchange regulator said. "It's not possible that we will allow theBloomberg - 502 words
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410 2005-03-07 13 Reuters Bloomberg [NEW DELHI] India's finance minister said on Saturday the government would try to ensure economic growth of over 7 per cent and urged the central bank to maintain benign interest rates, now at threedecade lows, to promote investment. TheReuters; Bloomberg - 410 words
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Page 13 Advertisements
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Advertisement196 2005-03-07 13 RHB Share Margin Financing 111 O 11 t y° ur SHS ShaiWfctain you canWp tap on kicratlv« mari&t opportunities: returns. of up to 331 times* on your I €-1 value Attractive margin financing rate pegged MAv 'to RHB Bank's favourable Prime lending& >: Data Higher Interest earned on the excess196 words
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MALAYSIA/INDONESIA
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Article, Illustration599 2005-03-07 14 S JAYASANKARAN - MALAYSIA INSIGHT The money saved can be used to improve public transport systems and infrastructure S JAYASANKARAN KL Correspondent OIL prices aren't going to come down any time soon. So Malaysian Prime Minister Abdullah Ahmad Badawi might as well begin contemplating some hard choices. Mr Abdullah599 words
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188 2005-03-07 14 AFP [JAKARTA] Indonesia's Minister for State Enterprises Sugiharto said yesterday that the financial director of the state oil and gas firm Pertamina will be suspended over suspicion of graft. Speaking to journalists. Mr Sugiharto said effective today, Pertamina financial director Alfred Rohimone will be suspended fromAFP - 188 words
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Article8 2005-03-07 14 Compiled by Thomson Financial l/B/E/S8 words
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509 2005-03-07 14 Jakarta also dispatches F-16s to back Indon navy in joint patrols Reuters AFP AP [JAKARTA] Indonesia has sent F-16 fighter jets to a disputed border region with Malaysia while President Susilo Bambang Yudhoyono plans to visit the area that includes an offshore oilReuters; AFP; AP - 509 words
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217 2005-03-07 14 Reuters [JAKARTA] The world's largest instant noodle maker, PT Indofood Sukses Makmur, posted a 37 per cent drop in net profit in 2004 due mainly to foreign exchange losses, the firm said on Saturday. Indofood, controlled by the Salim family through Hong Kong-listed conglomerateReuters - 217 words
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Page 14 Advertisements
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Advertisement33 2005-03-07 14 Are you paying too much to insure your cargo shipments? #4 -***111 ML M ruc /A/OOffE Cooperative: Your Partner For A Better Life 76 Bras Basah Road NTUC Irtcoma Centra Singapore *****7 www.lnooma.com.sg33 words
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GREATER CHINA/INDIA
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Article, Illustration602 2005-03-07 15 He's tipped to join advisory unit of China parliament Reuters (BEIJING] Hong Kong leader Tung Chee-hwa remained silent yesterday on reports that he had quit but indicated he would end the suspense later this week, probably after he is promotedReuters; AP - 602 words
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650 2005-03-07 15 Property boom; more than 80% of sites on new list for residential use Bloomberg [HONGKONG The Hong Kong government added 24 sites to a list of plots for possible auction starting April 1 as developers seek more land for projects amidBloomberg - 650 words
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Article, Illustration439 2005-03-07 15 Reuters Bloomberg [NEW DELHI] Energy-hun-gry India clinched a deal on Saturday to operate a Venezuelan oilfield and import the output as Asia's third largest consumer and the world's No 5 oil exporter vowed to strengthen ties, officials said. Venezuelan President Hugo Chavez said inReuters; Bloomberg - 439 words
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330 2005-03-07 15 Bloomberg [NEW DELHI] India's cabinet has approved a 220 billion rupee (SsB.2 billion) plan to widen highways aimed at improving transport links in Asia's fourthbiggest economy. The 4,000 km project's cost will be shared, with 40 per cent borne by the governmentBloomberg - 330 words
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Page 15 Advertisements
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Advertisement89 2005-03-07 15 wwt* i jf 1 a Presented jg&Ute Diners Club Credit Card To apply, call: 6416 0980 Where to wine, dine and entertain... privß,gs& Treab Arguably the BEST 2 selection of TOP Australian wines in Singapore 9£e' C lJiyne/ U02 02 Tnngl'n Shopping Centre Next to Orchard Parade Hotel Tel *****21389 words
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Advertisement38 2005-03-07 15 ■AntlrS Casual Pranch Dining French set lunch 2 Course 3 $16-90+ 3 Course $19.90+ Add $1 for coffee/tea French set dinner 3 Course Q $38.90+ Inclusive of j uices+coffee or tea) 66 Tanjong Pagar Road Tel: 6223 454838 words
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Advertisement66 2005-03-07 15 flavours of India North Indian euiaine come* to Marina Siatro I enjoy a full menu, including tandoor favourite* prepared by our specialty chef. for March only, order 4 set meala and the 4th ia free I &et meala from $12.80+* Call 6869 2299 for reaervationa. Www RAFFLES MARINA 10 Tua»66 words
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Advertisement55 2005-03-07 15 Raffles Country Club Le French Restaurant Open to public 450 Jalan Ahmad Ibrahim Tel: 6862 1838/9 $3 Semi Buffet Offer 50% Discount Off Goose Liver, Escargot Oyster Meuniere Only for Main Course order above $10.50 Raffles Country Club Mo n x 0 p r j I aye I Sat: Dinner55 words
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Advertisement41 2005-03-07 15 Reservations wcommended.lBl; 6SS! 4373 f\m MERITUS MANDARIN SINGAPORE 2-13 cMarch 2005 Reservations: 6831 6258 88 i VKODiS MERITUS MANDARIN tHM A division of Overseas Union Enterprise Limited {Company Registration N0.*****0050E) 333 Orchard Road, Singapore *****7. Tel:+6s 6737 4411. Fax:+6s 6732 2361-41 words
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ASIA-PACIFIC/WORLD
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353 2005-03-07 16 Reuters [NEW YORK] When Warren Buffett needs expertise on underwear, he relies on his second-in-command, CharBe Munger, age 81. 9 Mr Buffett's 24-page letter to shareholders of his Berkshire Hathaway Inc holding company, released on Saturday, was as usual filled with hard-hitting commentaryReuters - 353 words
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Article, Illustration652 2005-03-07 16 Holding company Berkshire's Q4 earnings climb 40% to US$3.3b Reuters Bloomberg [NEW YORK] Warren Buffett. the world's secondrichest person, last year increased his bet against the US dollar 78 per cent to US$2l.4 billion, resulting in a US$l.B4 billion gain.Reuters; Bloomberg; BLOOMBERG - 652 words
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473 2005-03-07 16 ANTHONY ROWLEY - By ANTHONY ROWLEY in Tokyo JAPAN'S determination to re-emerge as a leading player on the international financial stage has been underscored by the announcement last Friday that Mitsu-bishi-Tokyo Financial Group (MTFG) already scheduled to merge with Japan's fourth-largest banking group, UFJ,473 words
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Page 16 Advertisements
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Advertisement1270 2005-03-07 16 JAPAN LAND JAPAN LAND LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****7417K) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Japan Land Limited (the "Company") will be held at The Executives' Club, 65 Chulia Street #33-01 OCBC Centre (West Lobby),1,270 words
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Advertisement1326 2005-03-07 16 SGA SOCItTI GtNtRALE ACCEPTANCE N.V. (Incorporated In the Netherlands Antilles with limited liability) NOTICE TO WAR RANT HOLDERS To (1) ALL HOLDERS Of EUROPEAN STYLE CASH SETTLED CALL WARRANTS RELATING TO THE ORDINARY SHARES OF SINGAPORE AIRLINES LIMITED ISSUED BY SGA SOCltTt G£n£RALE ACCEPTANCE N.V. UNCONDITIONALLY AND IRREVOCABLY GUARANTEED BY1,326 words
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WORLD
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Article, Illustration649 2005-03-07 17 NIEL BEHRMANN - Concern centres on expected weakness in US, Europe, key Asian markets By NIEL BEHRMANN in London SEVERAL brokers have been downgrading HSBC Holdings, despite a 37 per cent surge in profits in 2004 and good growth prospects in China and the rest of Asia.AFP - 649 words
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362 2005-03-07 17 AP [HONG KONG] HSBC Holdings pic has given up on buying a South Korean bank because it is too expensive, and now plans to greatly expand its own branch network in the Asian nation, an HSBC executive said. "We are workingAP - 362 words
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Article, Illustration235 2005-03-07 17 AFP [LONDON] The average dog in Britain costs £20,000 (5562,600) to look after over the course of its lifetime, more than a luxury car or round-the-world cruise, a pet insurer said yesterday. In its annual Cost of a Dog report, ChurchillAFP; REUTERS - 235 words
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Article, Illustration301 2005-03-07 17 LAT-WP [WASHINGTON] Aon Corp, the world's second-largest insurance broker, will pay US$l9O million to settle New York state charges that it and its chief executive deceived clients bringing to more than US$l billion the amount attor-ney-general Eliot Spitzer has wrung from insurance companiesLAT-WP - 301 words
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400 2005-03-07 17 MCl's top investor says Qwest offer falls short too Bloomberg [WASHINGTON] Carlos Slim, MCI Inc's biggest investor, says he opposes the company's planned sale to Verizon Communications Inc, adding to pressure on MCI chief executive officer Michael Capellas to negotiate a better deal.Bloomberg - 400 words
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190 2005-03-07 17 Bloomberg [WASHINGTON] McDonald's Corp, the world's largest restaurant chain, may return as much as US$3.2 billion in foreign profit to the US to take advantage of a one-year tax holiday aimed at creating US jobs. The tax liability from the repatriationBloomberg - 190 words
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Page 17 Miscellaneous
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Miscellaneous209 2005-03-07 17 CRYPTIC CROSSWORD quartered soldiers Lh—-I*|— DOWN 1 Malodorous mineral big momma hairy spider (9) YESTERDAY'S SOLUTION takes one to see (6) 16 Flower carried by a beast to back- Across: 1 Sweepstake, 9 Loco, 10 2 Voltaire's novel, frank and finally ward 17 (8) Tapestries, 11 Unused, 12 Listens, 15209 words
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AVIATION
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543 2005-03-07 18 'Open skies' talks expected to be resumed later this year Reuters [BRUSSELS] The European Union will seek an end to US laws that block foreign airlines from owning US carriers as part of its quest to create a common aviation marketReuters - 543 words
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398 2005-03-07 18 AP [LONDON] A British Airways jet that continued on an 11-hour flight from Los Angeles to London after one of its four engines lost power also flew on three engines on a later flight from Singapore to London, the airlineAP - 398 words
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366 2005-03-07 18 Savings will pay for fleet expansion, save jobs: union Reuters [CINCINNATI] Comair pilots have voted overwhelmingly to keep their pay at its current level for the next two years, rejecting a 4.5 per cent increase due in June, union leaders saidReuters - 366 words
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Article400 2005-03-07 18 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:400 words
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Article, Illustration511 2005-03-07 18 It failed to prevent disruption despite expecting shortfall Reuters [WASHINGTON] Bankrupt US Airways Group Inc had anticipated sudden staffing shortfalls at the height of the December holiday period but failed to act effectively to prevent massive travel disruptions, a government audit found last week. TheReuters; BLOOMBERG - 511 words
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274 2005-03-07 18 Bloomberg [WASHINGTON] A Pinnacle Airlines pilot said he was going to "have a little fun" by taking a regional jet up to 41,000 feet before the engines quit and the aircraft crashed, killing both pilots, according to government reports. The pilots were taking theBloomberg - 274 words
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SHIPPING
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Article, Illustration839 2005-03-07 19 DAVID HUGHES - Gib company eyes Singapore as bunker trading base By DAVID HUGHES [GIBRALTAR] This small UK overseas territory is set to launch a new initiative to attract investments with a strong emphasis on building up its position as a maritime hub located on839 words
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Article287 2005-03-07 19 cgv '000 Mat 4 SS Vol CH Offshore 0J7 undi 979 ChuanHup A73 0.01 1682 Cosco Corporation 1.56 -0.01 7S3S CWT Distribution .0.65 undi 30 EzraHldgi -.1.05 -0.01 102 Frertitunks. .0.09 undi 478 Grand Banks Yacht 1.15 0.02 25 JayaHoWngs 1.07 unch 149 K1 Ventm 02B 0.01 5967287 words
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Article, Illustration197 2005-03-07 19 AP [OSLO, Norway] A Norwegian-flagged oil tanker caught fire a few kilometres offshore, forcing the ship's crew to evacuate early on Saturday, rescue officials said. While the Fjord Champion tanker burnt, no oil spill had been detected in the water, authorities said. The 28 crewAP; AFP - 197 words
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359 2005-03-07 19 DONALD URQUHART - New ship starts service on growing S'pore-Aussie trade By DONALD URQUHART [SINGAPORE! Thai-listed container feeder operator, Regional Container Line (RCL), has taken delivery of its largest vessel to date as it expands capacity on the growing Australian trade lane. The regional feeder and359 words
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287 2005-03-07 19 [SINGAPORE] John Fred-riksen-controlled tanker company Frontline has strongly denied wrongdoing after being fined 25 billion rupiah (554.4 million), and ordered to pay compensation of 120 billion rupiah by the Indonesian Commission for the Supervision of Business Competition for the way it bought two VLCCs287 words
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Advertisement223 2005-03-07 19 INFORMAL RATE AGREEMENT (IRA) FAR EAST MIDDLE EAST TRADE RATE RESTORATION BUSINESS HAN FOR 2005 In order to maintain a high standard of service to their customers, the member lines of the Informal Rate Agreement (IRA) covering trade from the Far East to destinations in the Middle East wiw» to223 words
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Article3351 2005-03-07 20 STRAITS TIMES INDEX STOCKS Stock Man* Wl Obm Oiangt Stock —m W Om Omn» Allgreen 50c 0.31 1 180 +0 030 NOL 2.73 4 060 *0 160 ML Intl US20c 0.49 1.120 OCBC 9.66 ***** CaprtaLaod 1.56 2.480 *0.030 Parkway Hldgs 25c 0.74 1.700 Chart SemiCond 26c 0.753,351 words
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FINANCE & COMMODITIES
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Article3253 2005-03-07 21 MORGAN STANLEY CAPITAL INTERNATIONAL INDICES la local on In St u> UH dy yr rfy %<n dy *yr Mul lnd«« Oiw« Changa Onng« Chang* C>-«ngo World Index Preliminary 8744 06 2A 09 13 1-0 18 tEAFEftrtmwy 809.1 05 47 U 2.7 13 JU Europe PwHminwy HIM Q6 &6 1.5 3.53,253 words
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Article920 2005-03-07 21 COMMODITIES: WEEKLY ROUNDUP AFP [LONDON] World oil prices soared last week with Brent crude rocketing to US$53 a barrel here for the first time in its history, and New York testing record levels above US$55 on supply concerns. The Commodities Research Bureau's index of 17AFP - 920 words
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Advertisement1751 2005-03-07 22 I TO USA/CANADA 1 I EXPORT I I OTHER DESTINATIONS 1 Ivssa |VOT |W6 TOAUSTRALIA(AUSTRALIAABIAEXPRESS OOdUTIBIMM 10E10 08/03 M/ 03 I 25/03 31/W 01/ M 3Q/D3 30/03 02/ M VPSB VOT TO SIN ~WG «I W I STP IMB Aflt OOdNMGOO 08E11 15/03 14/1)3 I 01/ M 01/04 04/W 04/1,751 words
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Advertisement845 2005-03-07 22 [BIfWAgIABOBOMKVKI YBsa/voT mrffi) I hbgwtw n» km 10 w jet STUITCVWTUK 07/05 15 I 31 73/03 24/03 31/03 OVO4 05/04 STUTCVWTUK 01/05 15 Ji 07/04 W/04 |smmvam)»tw/»5 15 3J ii/m 21/04 24/04 w/04 oi/os IwffT MtA/lfHft/M TVf VKSa/VOT IWffl) HDGHT(M) TOK KB WW l» I Si I W HCW CGf845 words
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Advertisement944 2005-03-07 23 <r'~" aroma of shipping modw to «rwir» Nmoty, rafioblo yvicw coloring major ports in -J! Norih America, Europe, Japan, Asia, Africa Oceania. Abo oaift hm-Arii CNrftts to: For Schedules, BL Searches, and Container Tracking, visit on our Home Page: www.molsin.com.sa www.lianiburipuJ.com 1 UIU savia (OFOtT) Iwtoi 145) usi-ms Ok -HATnrrnntnr944 words
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Advertisement1097 2005-03-07 23 msa *ot_ jw_ jw iroTom ik kth wis rasa vor sin jkt su« hkg usw ws HYPtOGtESS 098 10/3 12/3 17/3 19/3 11/3 23/3 23/3 WTCSPOK SO4S 13/3 It/3 17/3 22/3 24/3 27/3 HTMBDtt WIS 17/3 19/3 24/3 H/3 71/3 30/3 30/3 KMT( SHANGHAI SMS 20/3 23/3 24/3 21/3 2/41,097 words
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Advertisement932 2005-03-07 23 w aaa WEEKLY EXPRESS SAILING SCHEDULE I ALSO ACCEPTING TO ALL NORTHERN AMD WESTERN ICP POIHTS I VKSB VOT ISM I PJQANgI COUMMO llt SHEVA I COUNOOO I I MSO ACOPIMG FQ ID COOMt, TUTKOMN (VIA COUMMO) AND MNBU t 60* (VIA N 9CVA) CDMCCIM6 MOIMB VSIS TO UOR (FBIXSTOWE,932 words
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Advertisement780 2005-03-07 24 IMAf WALLENIUS WILHELMSEN website http://www.2wgiobal.tom LK MAO HOW MIA SAV Ml OIF WYC WW D» TAUSMAN AfSOt 3201 MM 6.4 M I IS/03 17/04 21/04 25/04 24/04 27/04 TARONGA Afso7 I 3201 mm I 6.25 M 1 31/03 22/04 30/04 04/0S 00/05 07/05 10/05 TAHOLA AfSOl 4001 mm 6.3 M780 words
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Advertisement1168 2005-03-07 24 vtssti voy sin pcu jsua m m jd PACIANOA 1419 M 05/03 04/03 &8&U m/M "fl/m PACIANOA 1420N 04/03 07/03 iiiMUYn Hll ttM 12/03 PACIANOA *****1 01/03 01/03 PAC lAMDA 1422 M W/03 10/03 PACIANOA 1423N 11 03 11/03 VBSa JflH iM M IAnSSOA IQ4H 11/03 13/03 JgaU W BZ$1,168 words
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Advertisement634 2005-03-07 24 BSA x o MYANMA HH FIVE STAR LINE (Myonmar National Line) Loading for Yaagoi VESSEL vor SIN PKI PEN PGU PAGAN 341W Sift HPA-AN 330W Sift IN MAIAYSIA: IOUSTEAD SHIPPING AGENCIES KUI/PKL 03-*****3*1 PEN: 04-*****1S ACCEPTINB CONVENTIONAL GBO HKG SIN HKG SM PGU PU KUC NAPIU 104 SU) SIB SIB634 words
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Advertisement1184 2005-03-07 25 \rt (7 p. \r* crnterasia <J~ines uonwvn f* w.vJ». 1 ypER HONQ KOtHHIKTI "soiT" TTff?" TTo7 1S TJ? 14.TT7 TTvT 75/07 TUVI ™JJ E£ ill NMHAI3O7 SIM 71/1? 71/17 77/07 Ut? 74/17 11/03 04/03 01/03 ™j ~/W JV»|JVW 7J/J7 11/W C/W NOIETBMTV SOTO 71/03 71/03 30/S3 31/13 01/ M IVM1,184 words
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Advertisement1179 2005-03-07 25 I/-J—l I IMCC HMk IB.' 4211*1333 MX: 41J1-sin I Jm\ YUL> LIWCO I rLJC.J Sa6Afotfc TOt 100 SOFM6 HI OB aSftlwSSwK >■*>»»»*1 —!<**- vbsb wTtigi joT" innwliw Ivcsa vwr I rasa! aw Iwm. |wr [Mlw 1 MK>—sn see* n/w is/m \im v— an w/m ly/wlaswa an ts/w w/mlimwism Ipi i»/b1,179 words
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Advertisement433 2005-03-07 25 ■M9HSM OXFOCD 07*05 10-10/03 15-17/03 22 22/03 I ■MHiiUl neat cuf msm 10-11/03 i«-i7/03 I ■Turn™ nee sn mm 12 13/03 1120/03 M27/w| ■■■■■nGawMrE MM i»u/03 2424/03 01-02/041 JJUnGartyuti M7> 2021/03 2721/03 03wn| BBMBBBoOWCFOITUIK 037 22 23/03 *****)4 (fcIOAH MiHMMlTicasnrn ioo 13-14/03 i«o/Q3 31-01/ tH g KSHII* TK« rwra 00-10/03433 words
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THE BUSINESS TIMES SHIPPING TIMES
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Advertisement53 2005-03-07 26 One-Stop Shipping Services Ship Registrations Ship Classifications Radio Accounting Tuvalu, Mongolia, Panama, Quality, Safety, Security SsrvlCOS Belize and many other flags Surveys and Consultants Accounting Authority RSO6 |A"'r I r International Ship Registries Pte Ltd 10 Anson Road #25-15, International Plaza, Singapore *****3 Tel: (65) 6226 3626 Fax: (65) 622753 words
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BizIT
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Article, Illustration709 2005-03-07 27 ROLAND LIM - Company president aims to grow revenue by two to three times this year By ROLAND LIM AFTER paying his dues for four years in the digital content industry, Colin Binny, executive chairman and president of Sin-gapore-founded broadband content provider M2B World, believesARTHUR LEE - 709 words
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263 2005-03-07 27 DALENA LEE - By DALENA LEE THE Internet Industry Association of Singapore (IIAS), which was officially launched last week, is kicking off with two nationwide initiatives relating to privacy and offensive content on the Internet. The independent nonprofit organisation, which aims to represent the263 words
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135 2005-03-07 27 Reuters [TAIPEI] Taiwan's Hon Hai Precision Industry Co said on Friday that it may develop new products with HewlettPackard Co, including computer and consumer products, after the firms signed a technology pact. "We don't rule out any kind of products," said aReuters - 135 words
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Article, Illustration1228 2005-03-07 28 ROLAND LIM - <cool stuff> The Treo 650 and Nokia 9300 show how smartphones can have PC-style Qwerty keyboards and are still pocketable, writes ROLAND LIM ROLAND LIM THE decision on whether a smartphone should have a keyboard, like a PC, seems to split the general public into two1,228 words
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<what's new>
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Article, Illustration55 2005-03-07 28 DELL has released the 2405FPW, a 24-inch LCD monitor capable of very high 1920x1200 resolution and 12 millisecond response time. The 2405FPW includes a 9-in-l memory card reader and also foatiiroc fniir I T^R 2.0 ports. It retails for $1,923 and is available now.55 words
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Article, Illustration86 2005-03-07 28 APPLE has released a 6GB version of the popular iPod mini that retails for $438, while the 4GB model is now priced at $348. Both iPod minis now feature increased battery life of up to 18 hours. Apple has also updated its iPod photo models, introducing86 words
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81 2005-03-07 28 SINGAPORE-BASED Aztech Systems will unveil a new range of communications and consumer electronic products at the upcoming IT and telecom exhibition CeBIT 2005 this week in Hannover, Germany. One of the new products is the Aztech DSL6OOEVW, which integrates an ADSL modem, router, firewall,81 words
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Article61 2005-03-07 28 NETWORKING specialist SMC has released the SMCWBR14-G router that integrates a 4-port 10/100 Mbps switch with an 802.1 lg Wi-Fi access point. The v SMCWBR14-G is capable of providing Internet access to 253 PCs, and works with Microsoft Windows. Macintosh and Linux operating systems. It is61 words
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78 2005-03-07 28 FUJI Xerox Printers has launched its latest A 4 colour laser printer, the DocuPrint C 525 A. The DocuPrint C 525 A features a first-page-out time of eight seconds for monochrome prints and 17 seconds for colour prints. It can print at up to78 words
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Article, Illustration72 2005-03-07 28 OLYMPUS has released the 7.1 megapixel Camedia C-7070 Wide Zoom. It features a 4X optical zoom lens that starts at a wide 27mm and zooms up to 110 mm. Targeted at advanced users, the magnesium-alloy bodied C-7070 also features a hotshoe for an external flash,72 words
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Article48 2005-03-07 28 ROLAND LIM - Compiled by ROLAND LIM SECURITY specialist Check Point has released Eventia Analyzer, a security event management solution designed to assist security administrators in analysing raw security event data to assist them in making security decisions. Pricing begins at US$lB,OOO. Visit www.checkpoint.com for more information.48 words
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Article, Illustration483 2005-03-07 28 ROLAND LIM - By ROLAND LIM TOSHIBA Singapore's computer systems division has released a slew of seven new notebook models, five of them sporting the new Toshiba Easy Guard technology. Toshiba Easy Guard is a package of features that enhance the security, protection, connectivity and483 words
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Article, Illustration779 2005-03-07 29 RAJU CHELLAM - <we say> To a cellphone user, making it simple to use should count most. The next leap in mobility will come from simplicity RAJU CHELLAM Senior Correspondent CONSIDER this: A whopping 674 million mobile phones were sold worldwide in all of 2004, up some 30AFP - 779 words
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Article, Illustration945 2005-03-07 29 TONY LIM - <you say> Firms turn to ILM strategies as existing storage management practices are not enough TONY LIM THERE'S nothing inherently scary about e-mail messages and database entries. But as their volume grows unabated, the impact on IT can be devastating. Actually, IT organisations face a945 words
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<what's up>
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Article88 2005-03-07 29 IT and communicatttate exhibition CommunicAsia2005 will be held from June 14-17, 2005, at the Singapore Expo. Incorporated within CommunicAsia2005 will be MobileCommAsia2005, NetworkAsia2005 and SatComm2005, which will feature the latest technologies in mobile networks and applications, networking and satellite communications respectively. Enterpriserr2005, which will be held88 words
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Article52 2005-03-07 29 ANDREW Low has been appointed vice-president of services for Asia-Pacific at Nokia Networks. Based in Singapore, Mr Low comes with 22 years of experience in the IT industry, and had previously been with Sybase. He is responsible for managing Nokia Networks' services business across52 words
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Article68 2005-03-07 29 PAUL Anthony has been appointed the general manager of HP's Imaging and Printing Group (IPG) ami consumer segment in Mr Anthony is for products, v solutions and marketing strategy for all imaging and printing products and supplies for all customer segments. Prior to this appointment,68 words
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49 2005-03-07 29 US-BASED IT lifecycle management solution provider, Altiris Inc. has appointed Tom Galantomos as director of strategic alliances. Mr Galantomos had previously been with DHL International, where he was responsible for building regional partnerships in the enterprise and SME markets. He is based in Singapore.49 words
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59 2005-03-07 29 ROLAND LIM - Compiled by ROLAND LIM US-BASED SRC Software, which specialises in enterprise performance management solutions, has set up its Asia-Pacific headquarters in Singapore. The operations will be led by the company's managing director for Asia-Pacific, Partha Sen. Mr Sen will manage the local business59 words
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Article, Illustration787 2005-03-07 30 AMIT ROY CHOUDHURY - BT exclusive It hopes to ride on demand generated by Wal-Mart mandate to its suppliers, reports AMIT ROY CHOUDHURY AMIT ROY CHOUDHURY EUROPEAN semicon giant STMicroelectronics is in the process of shifting its entire global production of radio frequency identification (RFID) chips to Singapore.CHRIS LOH - 787 words
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233 2005-03-07 30 RFID the bar code of the future RADIO frequency identification (RFID) tags are set to eventually replace bar code strips, once prices come down. These RFID tags come in two forms, passive and active. While both use radio frequency energy to communicate between a tag and a reader, the method233 words
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Article, Illustration385 2005-03-07 30 ROLAND LIM - By ROLAND LIM TWO of the local IT community's best known personalities, Wilson Tan and Willie Cheng, picked up top honours at this year's IT Leader Awards, given annually by the Singapore Computer Society (SCS) to recognise the contributions of outstanding individualsFILE PHOTOS - 385 words
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239 2005-03-07 30 A NEW 10-year infocomm masterplan, dubbed iN2015 for "Intelligent Nation 2015" will identify and map out key technology areas that could best benefit Singapore's industries, economy and society. Announcing this at the Singapore Computer Society annual gala dinner on Saturday, Dr Balaji239 words
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Advertisement101 2005-03-07 27 H^^^EsiHK,.' ii. I 1 u Stay informed J^H^V competition with Meg@POP. Be part of the moment. Jr to able to access all the sales figures a my itan I need a cost-effective expand with my growing needs. a can customer orders, process credit to other I A_J H System H101 words
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Advertisement96 2005-03-07 28 I I I —B ~W —1 Datacenter-in-a-Box is a pre-integrated infrastructure and IP telephony Free solution designed for growing enterprises. Find out how it can take care Of* jHk 9HBK v.j& of all your IT woes from just 551,995 per month with best-of-breed I PITT3STTUCTU T6 vX jU DD QiTt96 words
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Advertisement46 2005-03-07 29 INTERNATIONAL BUSINESSTECHNOLOGISTS CONNECTING YOUR WORKPLACE p ICT Security M Infrastructure Integration Services Network Desktop Outsourcing Hkw H II Application Integration Management mmr ft Microsoft r GOLD CERTIFIEP 10 Hoe Chiang Road, #05-06/08 Keppel Towers, Singapore *****5 Tel: +65 6890 2828 Fax:+6s 6890 2888 sales.singapore@getronics.com www.getronics.com partner46 words
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Advertisement62 2005-03-07 30 Authorivd Distributor. Dmtar AV-Sci«nce Marketing Pte Ltd Office 1 Pto Ltd x 3 Upper Aljunied Link BtocK B oi NTUC Fmrpncm) SSbSS££bl #08-06 Joo Seng Warehouse The Funan IT Mall Singapore *****2 #05-25/32 Tel: +66 *****322 Fax: +85 *****511 Singapore *****7 i.i.ifirt.liri avsmOav-science.com Daily: 10.00 am 8.30pm Hitacni norn# electronics62 words
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Advertisement13 2005-03-07 30 SIMPUCITY ffiSKNTS. 4®^ N /gf, "li Get simplicity back into mobility pg 2913 words
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