The Business Times, 4 July 2005

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Total Pages: 28
1 28 The Business Times
  • 17 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asia 1 .com.sg MICA (P) 089/03/2005 Monday, July 4,2005
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  • 750 1  -  S'pore analysts fear foreign demand slowdown By JEAN CHUA [SINGAPORE] Economists and businessmen in Singapore are not all that worried about oil prices for now but they could be if prices continue to hang around US$6O and threaten to eat into corporate
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  • 854 1  -  Top underwriter DBS accounts for 31% of funds raised By R SIVANITHY [SINGAPORE] The first half of this year has not been good to new listings on the Singapore stock market. Of the 34 that listed between January and June, 21 companies
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  • 133 1 MARKETS WNk Chg* STI .2209.95 -13.77' KLSECOMP 894.02.—+4.06 NIKKEI 225 *****.13 +93.10 HANG SENG *****.06 -29.23 SET INDEX .675.50 -14.75 JAKARTA COMP ,„1138.99.—+3.32 MANILA COMP ....1895.25..—-51.96 TAIPEI TAIEX 6272.14 -68.55 SEOUL COMP 1018.02 +15.59 SHENZHEN 8 .***** „_.-5.94 AUSTALLORD 4224.10—+20.30 DOW JONES *****.44 +5.60 NASDAQ 2057.37 +4.10 SAP
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  • Page 1 Advertisements
    • 91 1 YOUNG INVESTORS I How to keep loan I^A repayments under control p c 13 Bizrr Atos Origin to boost Asia Pac commitment PG 28 |L ATTRACTING TALENT ■BgH for the best: MM Lee COMMENTARY S'porelnc needs an India strategy PG2 CEOs'choice r— -J I It's games time for Singapore chief
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    • 30 1 BT ONLINE Access to BT Online is free after 6pm each day. But print subscribers can access our online news anytime. Call 6388-3838 to subscribe and activate your online account <.
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  • TOP STORIES
    • 887 2  -  Pact opens up new opportunities that companies cannot afford to ignore VIKRAM KHANNA Associate Editor W HAT'S our India strategy? The question has been asked, and is still frequently being asked, in boardrooms across the United States and Europe, usually in relation to the
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    • 535 2 Singapore gas market opening up quickly THE opening of Singapore's gas market is gaining momentum. The new Plentong-Senoko gas pipeline will not only serve Keppel Energy, as other importers here can also bring in Malaysian gas via the pipeline. This will provide greater supply security should gas from
      535 words
    • 163 3  -  By JEAN CHUA [SINGAPORE] Prominent local businessman Peter Fu Yun Siak, founder and chairman of listed Hotel Properties Ltd, died on Saturday. He was 82. "Mr Fu Yun Siak's contribution to the Hotel Properties Limited's group of companies has been invaluable and will be sadly missed
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    • 747 3  -  NEWS ANALYSIS Players besides Keppel can tap M'sian gas via new pipeline, says RONNIE LIM RONNIE LIM THE opening of Singapore's gas market is gaining momentum. In the latest development, importers here besides Keppel Energy will be able to bring in Malaysian gas
      Source: Keppel Corp  -  747 words
    • 470 3  -  By NEIL BEHRMANN in London TWO hundred years after Trafalgar, Britain is again battling France and Spain. London i£ determined to win the coveted 2012 Olympic and Paralympic Games, even though Paris is the bookies' favourite. Madrid is a close third while New York
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    • 503 3  -  It's the icon's first big renovation in 70 years By VEN SREENIVASAN [SINGAPORE] The grand old dame of the Padang is undergoing her first major facelift in almost seven decades. The Singapore Cricket Club (SCC) building, widely acknowledged as a historical icon, is being
      FILE PHOTO  -  503 words
  • Page 2 Advertisements
    • 321 2 Seminar on GST Uncovering MES Risks and Recent Developments Tuesday, 12 July 2005, 9 am to 12.30 pm; Venue": The Sheraton Towers Singapore Fees*: Ssl4o (PwC clients alumni), Ssl6s (public) The Major Exporter Scheme (MES) provides significant cashflow relief in terms of GST that is otherwise payable on imports. Not
      321 words
    • 242 2 HAPMI SSSKr-Fast-Forward Your Career with arf H MBA *1 fljjj UniSA MBA <®> The only Australian MBA program in Singapore accredited by EQUIS, European University of Accreditation Agency South Australia Most Established Australian MBA (Edupoll Singapore 2005 MBA Citations) 5 Star University in multiple categories of the Good Universities Guide
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  • Page 3 Advertisements
    • 76 3 v > ittle is heard of Coutts. has always been our strength. ffi|| in SUCCESSFUL YEARS V&mJMBm 1V m kong KOHG ft sm6A?o*j r COUTTS IS THE TRADING NAME OF COUTTS BANK VON ERNST LTD, A LIMITED LIABILITY COMRANY INCORPORATED IN SWITZERLAND. THS ADVERTISa«ENT IS NOT NTENDED AS AN OFFB*
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  • VIEWS FROM THE TOP
    • 2037 4 THIS WEEK'S TOPIC Which city would you like to see as the venue for the 2012 Olympics? Why? AMONG the candidate cities vying to host the 2012 Olympics, there is possibly none as cosmopolitan and Internationally represented as the city of New York. As home
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    • 595 5 Source: IOC Evaluation Commisson Report, Mar 22,2005 LONDON Proposed date for Olympics 2012: July 27, Friday to August 12, Sunday 2012 Population: 7.5 million Accommodation: About 40,330 rooms guaranteed Budget: U552.46 billion Of the US$l5.B billion non-OCOG (Organising Committee for Olympic Games) budget, only US$2.l billion are
      Source: IOC Evaluation Commisson Report, Mar 22,2005  -  595 words
  • Page 4 Advertisements
    • 93 4 BT CEOs e-Chib Members of the BT CEOs e-Club are Singapore's top corporate leaders whom BT editors would like to interact with in an atmosphere of informality and trust This 'dub'is a virtual one, with interaction mainly via e-mail. Each week, we will Invite comments from these top executives on
      93 words


  • COMPANY NEWS
    • 403 6  -  By JEAN CHUA SESDAQ-LISTED Darco Water Technologies said it bagged a record $22.12 million worth of contracts in the first half, and that it has decided to shift its focus from China to Taiwan, especially in build-operate-transfer (BOT) projects, after a joint venture
      403 words
    • 448 6  -  All comply with the fund management company's draft ethical guidelines By JOSEPHINE TAY NORWEGIAN asset manager Dnß NOR Asset Management is retaining its stakes in six local counters, which unlike Singapore Technologies Engineering (ST Engg), have met its ethical guidelines. Last week,
      448 words
    • 596 6  -  It wants to give traditional Chinese medicine a lift By UMA SHANKARI WHEN the average Singaporean thinks of medicine, he's probably picturing Western medicine, not traditional Chinese medicine, or TCM. But Richard Eu, group chief executive of TCM company Eu Yan Sang, aims to
      FILE PHOTO  -  596 words
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  • Page 7 Advertisements
    • 191 7 An Advertising Feature SIX Pan Ocean QMj expansion strategies hile Pan Ocean Ltd. Pan intends to be the |BBl(|J|l|^|||j|!ll((jpj||jpp||!(^^ market leader in the dry Y; v\ bulk shipping industry, it believes that it u. t ,JL jjaMfoa* L. I £4 ||M f4s£% v £AI i& already has a well-diversified mix
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  • SINGAPORE MARKETS
    • 542 8 Piyw—1 Ex >***** Pay Payment Ex Books Pay iSri Ml doso date (m) date dOM data Adv Integrated Mfg 2.5c w 0.35 14-Jul 19-Jul 03-Aug R5H Ltd 10c F 1.00 04-Aug 10-Aug 19-Aug Australand PG U *1.7 28-Jun 01-Jul 03Aug Sarin Tech F US1 29-k*\ 04-Jul 12 Jul
      542 words
    • 681 8  -  STOCKS R SIVANITHY Senior Correspondent IT was a year ago that the US Federal Reserve started ratcheting up its short rates from its 46-year low of one per cent, with last week's hike of 25 basis points to 3.25 per
      681 words
    • 497 8 CURRENCIES AFP [HONG KONG] Asian currencies, led by the Japanese yen, lost ground against the US dollar last week after the US Federal Reserve hiked interest rates for a ninth consecutive time, dealers said-.' Regional currencies were seen continuing the downward trend in
      AFP  -  497 words
    • 389 8 COMMODITIES: WEEKLY ROUNDUP AFP [LONDON] World oil prices hit dizzy heights near US$6l a barrel last week on fresh fourth-quarter supply worries, but shed around US$4 amidst a surprise rise in US crude stocks. Sugar prices rocketed to their highest level for more
      AFP  -  389 words
    • 1576 8 Consensus No.of Forecast Mean FiTs C—— No.of r«ml Mean Tift recommendation esti- EPS PE target price racowwuniiatian eiti- EPS PE target price Company name This wk Last mtti mates (cents) (ratio) price Company name This Last nth mates (cants} (ratio) price Allgreen Properties 2.92 2.92 12 721 16.10
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  • COMPANY NEWS
    • 657 9  -  HOCK LOCK SIEW By SAMUEL EE Both are involved in the manufacture and distribution of wheels and tyres for the after-mar-ket. Both companies have family members as their major shareholders. But main-board-listed Stamford Tyres and YHI International could not be more different than aluminium
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  • Page 9 Advertisements

  • SINGAPORE MARKETS
    • 1204 10  -  TEH HOOI LING Senior Correspondent There was no major event which moved the Singapore market last week, and prices of both bhie chips and second liners declined. The Straits Times Index was down 0.6 per cent and the (JOB Sesdaq Index lost
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    • 1200 10  -  INSIDE MARKETS Mood was positive based on transactions with net buys of 175, but negative on turnover value with net sales of $32m, says ROBERT HALILI ROBERT HALILI THE director and substantial shareholder sentiment was positive in June based on the number of
      BLOOMBERG FILE PHOTO  -  1,200 words
    • 75 10 Jardine C&C's dividend payment Jul 5 China Food's dividend payment, Jul S Tianjin Zhong's dividend payment, Jul 8 Sarin Tech's dividend payment, Jul 12 Jackspeed's dividend payment, Jul 15 Sing Post's dividend payment, Jul 15 Giken Sakata, AGM, Jul 8 Courts, AGM, Jul 8 Osim Inf I, EGM,
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  • DINING OUT
    • 2042 11 BT tracks, down some of the fine dining restaurants here that are offering new menus and good-value meals Au Jardin EJH Corner House, Singapore Botanic Garden Visitors Centre, Cluny Road Tel: 6466-8812 Open for dinner Mon to Sat. Friday lunch and Sunday brunch
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  • Page 11 Advertisements
    • 153 11 at'theVe o^^^o^^ slnrir M^ C ey 8~ 10 July sPm"l2am5 P m 12am East Coast unn nnA n TEROSO SPANISH RESTAURANT WINE BAR 6235 5855 19 entre Cardmembers California cafe bakery deli restaurant a complimentary mug of f house of sundanese 6334,0,2 /65M 3775 p Be rrr speciai ra,esand excius
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    • 18 11 t J DINING OUT A sponsored series on fine dining experiences brought to you by UOB Credit Card
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  • SINGAPORE NEWS
    • 633 12  -  Senior leaders say being good in one's own backyard is not good enough By JEAN CHUA IN the global war for talent, Singapore universities must continue to fight the battle for the best students and the brightest academic talent, two senior
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    • 509 12  -  By RONNIE LIM BASF says that Singapore still remains very much on the German multinational's investment radar although it concedes that the Chinese market is a big draw. Last Tuesday, BASF started up a mega US$2.9 billion petrochemical complex in Nanjing, its largest
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    • 170 12 DATE/ TIME EVENT VENUE 3-8 Jul 3rd International Confer- Suntec Singapore In9.00am ence on Materials for Ad- ternational Convenvanced Technologies (IC- tion Exhibition CenMAT) 2005 9th tre, Gallery Level 3, International Conference Ballroom Level 2 on Advanced Materials (ICAM) 2005 4 Jul Diploma in Department IP AM Auditorium,
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    • 371 12 OOOQOOOOOQOOOQOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO oooooooooooooooooooooooooooodooooooooooooooo ****************************************0000 U O Organised by the Tripartite Committee on Work-Life Strategy O O ***** OO OOOC3 QOOOO 000 000 O o oIA/CEV ffo W® OP a o aoXnSS □o□oo□o□ o o o o o VIGEflm) acyilG>jD o o o 000 00 ***************(*****0000 000 **********00 ****************************************0000 ■■••■••■■•■■■•■••••■•••■■■••■•■■■■■•■•■••■■a •iiaiiiaiiaaiiiaaaiaaiaiiiiiaiiiiiiinaaiaa -*"1
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • 803 13  -  Points that you need to remember when dealing with loan repayments. By MINDY TAN MINDY TAN SOME time ago, we touched on loan shopping. How we can go to financial institutions to secure loans to get what we want and what we need. Today, we will
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    • 665 13  -  CAMPUS LIFE There were no doctors in this clinic only students learning how to make a buck, says KELVIN SAM KELVIN SAM YOUR average tertiary students spend Friday nights partying and their Saturday mornings sleeping. These students however, were not your typical students. They were young investors.
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    • 117 13 THE Biz Quiz results published on June 6 are incorrect. There was an technical glitch when we computed the results, so participants who scored higher points were left out of the draw. The actual winners who are listed below should call us at *****318 to collect their
      117 words
    • 205 13 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 have
      205 words
  • Page 13 Advertisements
    • 46 13 crfibank 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.
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  • ECONOMY WATCH
    • 562 14 OIL SHOCKS The two countries now account for one third of total global consumption AFP [LONDON] The voracious appetite of the United States and China to devour enough energy to feed their growing economies is a key reason behind recent sky-high oil
      AFP; REUTERS; Source: Bloomberg  -  562 words
    • 773 14 Gradual rate hikes are unlikely to help the rupiah much Reuters {SINGAPORE] You name it, Indonesia is doing it to protect its battered currency. From interest rate increases to intervention to tighter currency regulations, Indonesian authorities are battling to shore up the rupiah after
      Reuters  -  773 words
    • 548 14 [LONDON] Oil prices could rocket to US$lOO within six months, plunging the world into an unprecedented fuel crisis. The London Observer quotes controversial Texan oil analyst Matt Simmons as warning. After crude surged through US$6O a barrel last week, nervous investors were pinning
      548 words
    • 722 14 AFP [SINGAPORE] Oil prices above US$6O a barrel will slow Asia's economic growth if they persist this year, economists said, although forecasts of the impact vary from a recession to a moderate pull-back. World crude prices staged a ferocious rally into unchartered heights
      AFP  -  722 words
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  • MALAYSIA/INDONESIA
    • 583 15  -  MALAYSIA INSIGHT Scrap gas subsidies to power producers and reinstate formula pricing S JAYASANKARAN KL Correspondent MALAYSIA'S power sector has never had it so good. Indeed, it's enjoying the closest thing to having its cake and eating it too. Ask Hassan Marican. The
      583 words
    • 610 15 AP [KUALA LUMPUR] For Malaysia's national car Proton, a 20-year honeymoon with consumers is turning into a seven-year itfch. Once the king of the road, the übiquitous Proton is facing increasing competition from foreign vehicles as South-east Asia's largest passenger car market gradually
      AP  -  610 words
    • 400 15  -  By SHOEB KAGDA in Jakarta LIPPO Bank, Indonesia's eighth largest lender by total assets, is reviewing its strategic options after having completed a restructuring programme, sources told BT over the weekend. They added that Swissasia Global Consortium, which holds a 52.05 per cent stake
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    • 447 15 Reuters [KUALA LUMPUR] Malaysia hopes that a rush of planned property trusts will draw money from the Middle East to a market still scarred by a property crash in the late 90s, but high taxes and rising building prices could deter investors.
      Reuters  -  447 words
  • Page 15 Advertisements
    • 243 15 \X here to wine, dine and e 11 lerta 111... IVieroia *»Isllu# Wine Breatheasy* removes the guesswork as to how long to bfMlhi each typo and vintage of wine. Tho i it ii i i^t■ m ii ii lit 11 immtaian acuon or uif Drvnntr on rid wines md Chtrdonniyi
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    • 117 15 ■„f WIn Dine Enjoy our HEW ft COZY Wine lounge July Win* Promotion $4990+/ bottle 0r59.90»/gla« I) Germany Dr. Looaen, WeWener SonnenuhrßieshngKabinett Voted SO Most Influential Winemakers by Wine Spirit magazine 04 2) Australia- St Hallett Faith SMraz "Best Red Wine'by Uncorked, Nov 04 Special 20% Off on AO Bottled
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  • GREATER CHINA/INDIA
    • 623 16 Investors cite red tape, high taxes, poor infrastructure, rigid labour laws AFP [BANGALORE] India is emerging as a global hub for sourcing automobile components but red tape, high taxes and rigid labour laws are major roadblocks to the country's remaining competitive, officials and analysts
      AFP  -  623 words
    • 374 16 UNOCAL SAGA Reuters [BEIJING] China's CNOOC Ltd said on Saturday that its request to the US government to review its plan to merge with oil and gas producer Unocal Corp was voluntary and aimed at clearing up doubts about the deal. CNOOC has asked the
      Reuters  -  374 words
    • 314 16 Reuters [SEOUL] SK Telecom Co, South Korea's top mobile carrier, said on Sunday it had held talks with Indian telecoms firm Tata Teleservices Ltd, but rejected a report it was negotiating to buy a 33 per cent stake for
      Reuters  -  314 words
    • 456 16 AFP [BEIJING] Thousands of farmers demonstrated against a governmentbacked land grab in China's southern Guangdong province, with clashes erupting after police detained some protesters, a rights group said yesterday. The protests were the latest in a series of incidents that have turned violent throughout China over
      AFP  -  456 words
  • Page 16 Advertisements
    • 1898 16 to* 1990 9822 IN THE MATTER OF THE COMPANIES ACT, CHAPTER SO AND IN THE MATTER OF STABLE KINGDOM PTE LTD (Co. Reg. No. *****6604G) NOTICE OF RESOLUTIONS FOR MEMBERS' VOLUNTARY WINDING UP (PURSUANT TO SECTION 290) At an Extraordinary General Meeting of the members of STABLE KINGDOM PTE LTD
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    • 863 16 I iSo/iccs IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF AUTO PARTS MEISEI PTE LTD (In Creditors' Voluntary Liquidation) (Rag. No. *****0622 C) NOTICE OF FINAL MEEHHQ NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50, the Final
      863 words

  • ASIA-PACIFIC/WORLD
    • 664 17  -  WALL STREET INSIGHT Companies are expected to report single-digit earnings growth By ANDREW MARKS in New York WALL STREET, which saw modest gains on Friday, appeared to have got over its disappointment with the Federal Reserve's signal that the end is not yet in sight
      664 words
    • 574 17 Citigroup latest to do so; Morgan's new chief says no Reuters [NEW YORK] As Citigroup moves away from being a one-stop "financial supermarket", analysts are wondering if Morgan Stanley would also want to slim down under new leadership. US financial services companies that bulked up
      Reuters; AP  -  574 words
    • 382 17 [LONDON] Rank Group on Friday became a casualty of moves to comply with the Sarbanes-Oxley corporate disclosure laws and other regulatory obligations in the US when it signalled its intentions to delist from the Nasdaq, the Financial Times reported. The UK-based
      382 words
    • 3029 17 Transaction date: Jul 1 For a full listing of the closing prices, log on to BT Online at http://business-times.asial.com.sg after 11.30pm every trading day HONGKONG gssjst IS 5!i= Esprit Holdings 56.25 0.25 2879 Aeon Credit 5.10 -0.15 192 0.22 -O02 1430 «SS.s=nmSSl 55 «2 S Anhui Conch H
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    • 295 17 AP [TOKYO] Corporate Japan has long lured retired government regulators to advisory posts with cushy perks and cashed in on their clout. But the practice known as amakudari, or descending from heaven has come under renewed fire after a public-works bid-rigging scandal exposed the alleged
      AP  -  295 words

  • AVIATION
    • 483 18  -  Jet Airways also planning to start flights from cities like Delhi, Bangalore By VEN SREENIVASAN [SINGAPORE] Privately owned Indian airline Jet Airways, which plans to use the Republic as its hub for East Asia, has been enjoying robust traffic on its
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    • 64 18 [CHITTAGONG. Bangladesh] A Biman Bangladesh Airlines plane lies damaged after skidding off the runway while landing in Chittagong on Friday. The DC-10 aircraft from Bangladesh's national airline caught fire after it was forced to make a belly-landing in the southern coastal city when its wheels
      AFP  -  64 words
    • 286 18 Bloomberg [NEW DELHI] Deccan Aviation Pvt, owner of India's first low-fare carrier Air Deccan, said it has hired Warrick Brady as its chief operating officer, tapping his experience from running Europe's biggest discount airline. Mr Brady will start work on Sept 1 at Deccan
      Bloomberg  -  286 words
    • 131 18 AP [HONG KONG] Hong Kong airline Dragonair has scaled back its in-flight service after at least 100 flight attendants called in sick in recent days to protest against their workload, a newspaper reported yesterday. Cabin crew have been ordered not to serve pre-meal drinks, wet towels
      AP  -  131 words
    • 328 18 AFP [BEIJING] China's private-ly-owned Spring Airlines hopes to take to the skies this month but has found it is tough to cut costs enough to become a true budget carrier, state media reported. Spring Airlines executives held talks last week with the civil
      AFP  -  328 words
    • 477 18 Reuters [STOCKHOLM] Scandinavian airline SAS remains on track to return to pre-tax profit after four years of losses despite a slowdown in the Swedish economy and record high oil prices, its chief executive has said. The airline, 50 per cent of which
      Reuters  -  477 words
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  • Page 18 Miscellaneous
    • 284 18 CRYPTIC CROSSWORD 1 Still waiting for a formal pro9 I'd turn in at the entrance to a mine (4) A 3 hp 12 Ladies Eliot production (7) ZZ^^^^jZ-^^IZl 18 Reader's request for original work of writer (4) 21 Weed that can be made to grow in desert? (7) ■HHf ■HH|
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  • SHIPPING
    • 512 19 Freight rates expected to remain high, though below 2004 levels Reuters [LONDON] Global shipping companies continue to experience favourable market conditions, albeit below 2004 levejs, leading to strong earnings and cash flows, according to a report published by Standard Poor's Ratings Services on
      Reuters; FILE PHOTO  -  512 words
    • 184 19 Reuters [CHITTAGONG, Bangladesh] Bangladesh has set up a new surveillance system to curb piracy and smuggling in and around the country's main Chittagong port, officials said last Thursday. The International Maritime Bureau (1MB) rates Bangladesh as the world's second worst piracy-affected area after Indonesia..
      Reuters  -  184 words
    • 573 19 Bernama [KUALA LUMPUR] Malaysia's Port of Tanjung Pelepas (PTP) is set to see bigger container traffic following the AP Moller-Maersk acquisition of Anglo-Dutch carrier P&O Nedlloyd. For a start, some one million TEUs (20-ft equivalent units) of containers handled in Singapore
      Bernama; FILE PHOTO  -  573 words
    • 427 19 AFP [MADURAI, India] Indian Prime Minister Manmohan Singh laid the foundation stone on Saturday for a shipping channel in a narrow strait lying between India and Sri Lanka that will slash travel time for ships between the Arabian Sea and Indian Ocean.
      AFP  -  427 words
  • Page 19 Advertisements
    • 1584 19 Far Eastern Freight Conference (FEFCI Peak Season Surcharge Due to seasonal demand, Member Lines of the FEFC experience high and sustained vessel utilisation through the summer weeks. This increased demand puts extra burden upon vessels and equipment and increases operating costs over and above those levels which are normally endured,
      1,584 words

  • 10907 20 STRAITS TIMES INDEX STOCKS Stodmame Wt Oott Change Stodmamc Wl Oom Chang* Stodcname Wt dose Chang* Allgreen 50c 0.30 1.160 Haw Paf Corp 0.44 5.100 -0050 SPH20c 4.75 4.360 *0.060 1'OB 2.240 *0030 Hyflux5c 0.45 4.240 STEngglOc 1.72 2.440 >0.020 BILInti US20c 0.51 1.190 -0.010 JMHUS25c400~ 3.73 17*00
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  • 5915 21 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES to local cwt la SS In USS Hdy ttyr dy yr X tfy Xyr iul 1 lnd»» Chang* Chang* Chang* Clw>j« Ch«ng« Chang* World Inden Preliminafv 8754 04 2.7 03 <.7 -0.1 -1.8 t EAFE Preliminary 6067 0-6 7.0 -0.2 03 -0.4 -3
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  • Page 22 Advertisements
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    • 776 22 [INTIBASIA RORO StRVKI vßsa/vor umm hbohtob pug km lcb I si I jrt STtAJTS VEKTUKI3/05 IS 1.1 22/0* 23/04 29/04 02/07 04/07 STKAITS VENTURE 14/05 IS 12 04/07 08/07 14/07 17/07 11/07 ISTUITS YENTUK IS/OS IS 12 22/07 24/07 28/07 31/07 02/08 |*ÜBMmw«o»owwic» I VBsa/yor ramwt) «gwh)| lo i iit
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  • Page 23 Advertisements
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    • 971 24 UMA# wallenius wilhelmsen website: http://www.2wfllobol.tom Ivessei Ivor [ramp hoght i sin ik map how mia say m. ore mrc new wot TARONGA ATSIB I 320Toai I 6.25 M I 22/07 12/08 21/08 26/06 11/01 29/09 I [TAMPERE AFSI9 I 400Tmu I 6.30 M I 26/07 20/01 24/01 02/09 07/09 05/09
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    • 125 24 feffl VASCQ MARITIME PTE LTD. OFFERS WEEKLY CONTAINERISED SERViaS FROM SINGAPORE/MALAYSIA/INDONESIA TO INDIA (ISC) NHAVA SHEVA, MUMBAI, KANDLA, CHENNAI, CALCUTTA ALL ICDS PAKISTAN KARACHI INLAND SECTORS, ALSO SERVING AFGHANISTAN ARABIAN GULF (AOX) DUBAI, ABU DHABI, SHARJAH, BAHRAIN, DAMMAM, BANDAR ABBAS KUWAIT SOUTH lAST ASIA (INIIIA TRADE] P. KLANG, PENANG, PASIR
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    • 1222 24 VtSStl VOY SjN PCU VKSB VOT SIN JKT PAC lAN DA 1506N 05/07 05/07 PACHTOW 9305 03/07 ~***** -5L2351 8142 91M 06/07 gg~ os/o PAC lAMDA ***** 06/07 07/07 PAC lIHTAN 9306 10/07 12/07 csr 2301 814Jt 07/07 09/07 Mum 1M mi ot/07 ■■■MrMinjMli ill'iYillMß^M mum um w/07 iQ/07 vg»
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    • 210 24 H[ Unw brwokbulk wvio S.E. Aaio/USA vkm vna SPECIALISE IN HIAVY UFTS A PROJECT CAJtOO SW6APORE Dtilhrt— Calcutta ■VOOANAIUS 11/07 SHiAPOII fegMta Mumbai MV INDUSTRIAL CENTURY 04-00/07 LMUqMvpatafMhrMipMi Otmn port in USA, Mmxko, Cambnn South Arrmhca on inducamenl Miwtfoti r MALAYSIA I "SSThW 1 Slfti? Afsadts SAi BU *7 "MMII
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  • THE BUSINESS TIMES SHIPPING TIMES
    • 9141 25 ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advartfcer Vessel Voyage ToMmm SIN Desfn Name Nam* Number Number SIN Oert'n Name Name Number Number 23/07 26/08 Delmas OELMAS BAUDIN 529W *****344 To ABIDJAN4ABJ) 2003 Cote D'lvoire 30/07 26/06 Delmas VERONIQUE DELMAS 530W *****344 13/07
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  • Page 25 Advertisements
    • 510 25 Guaranteed Sailing! I Service from Singapore to: I Los Angeles Keelunq 1 I 14 days transit. Mon A Thurs cut-off I HUB MARINE PTE LTD BOOKING: *****375/716 MAINLINE: *****868 FAX: *****066 OPR CODE "DZ" CR NO **********0Z MAWKETI NO SALES: KELVIN CHUA: *****636, MEUNA LEE: *****187 FT KLANO -YANOON:M» »TO«-«UO
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  • BizIT
    • 569 27  -  Big Blue has 1.000 consulting experts across Asia-Pacific, and 8,000 globally By RAJU CHELLAM IBM Corp last week launched what it claims is the world's first offering to help large companies optimise their supply-chain process. IBM said the Asean and Asia South part
      FILE PHOTO  -  569 words
    • <what's up>
      • 101 27 NOVELL has appointed Singapore Polytechnic (SP) as its first Novell AcademicTraining Partner in Singapore. SP will incorporate Linux-related Novell courseware into its curriculum for its third-year students in its School of Information Technology. The modules taught during curriculum time can count towards the Novell Certified
        101 words
      • 68 27 MANAGEFUSION 2005, an event which aims to teach organisations how to take advantage of technology to manage security threats and best practices, will be held on July 29 at the Grand Hyatt Speakers from Protocol Analysis Institute. Gartner. Altiris. Hewlett Packard. Dell and VMWare will be
        68 words
      • 63 27 LOCAL online gaming company Sing-Gium International has acquired the rights to Zero Online, a massive multiplayer online role-playing game, from China-based NetDragon Websoft Inc. The deal is estimated to be worth US$440,000. Both parties are targeting to reach 2.5 million subscribers for the game within
        63 words
      • 72 27 PALMONE Mobile Solutions 2005. to be held at the Ritz Carlton Millenia Singapore on July 19. will present the latest developments in mobile technology and show off new solutions from palmOne and its partners. The event is targeted at IT managers and senior executives who want
        72 words
      • 84 27 NOMINATIONS are now open for the 4th annual Deloitte Technology Fast 500 Asia Pacific programme, which ranks the fastest growing technology companies by percentage revenue growth. Nominees must be a public or private company headquartered in Asia Pacific, and have been in business for a minimum
        84 words
      • 79 27 TRAVELLERS can now search for the lowest airfare at travel search engine Fare.Net. Launched first in Singapore, Fare.Net uses its proprietary search technology to search the websites of airlines, online travel agencies and travel consolidators to find the lowest airfare for any destination worldwide. Access to
        79 words
      • 106 27  -  Compiled by ROLAND LIM PERFORMANCE management software provider SRC Software has announced the availability of its solution suite for the hospitality and leisure industry. SRC's solutions integrate a Microsoft Excel front-end with an Oracle or Microsoft SQL database to enable organisations to track and analyse
        106 words
    • 678 27 AP [NEW YORK] In Berlin, Green Day proclaimed its majesty with a cover of Queen's "We Are the Champions" as REM performed "Man on the Moon" in London. And REM hadn't left the stage before Tim McGraw began singing "Live Like You
      AP; REUTERS  -  678 words
    • 399 27 Washington Post [WASHINGTON] First, there were musical ringtones. Then came ring-back tones tunes that play while a caller waits for someone to pick up a mobile phone. Now cell phones are offering streaming music, with access to online music stores on the way.
      Washington Post  -  399 words
    • 874 28  -  Firm to double headcount, up region's revenue contribution, reports AMIT ROY CHOUDHURY AMIT ROY CHOUDHURY OTOS Origin is upping its commitment in the Asia Pacific region. The IT services major, which is headquartered in Paris, aims to double headcount by the end of
      874 words
    • 264 28  -  By ROLAND LIM YOU could lose this smartphone, but you sure won't get lost with it. HP's latest offering, the iPAQ hw6515 Mobile Messenger, is the world's first smartphone to have integrated Global Positioning System (GPS) navigation capability. GPS allows a user
      264 words
    • 453 28  -  Blind will see, deaf will hear, computers and humans linked By RAJU CHELLAM IN the future, the blind will see, the deaf will hear, and everyone will be free. That will be the gift of the chip, and your brain won't be the
      JOYCE FANG/ST  -  453 words
    • <what's new>
      • 88 28 MOTOROLA has released its 800 MHz MTPBSO Terrestrial Trunked H Radio (Tetra). H Essentially a ilj digital walkie the MTPBSO is a portable and ruggedised nvV u li device which »—&gt;» IB features a colour display has a HgH Crypto hardware \nodule for secure transmissions.
        88 words
      • 127 28 SECURITY specialist Trend Micro has released its latest anti-spyware offering in three versions. Trend Micro Anti-Spyware 3.0 is targetted for use in homes and small offices, and features faster virus definition updates, and reduced system memory usage. An evaluation copy can be downloaded
        127 words
      • 119 28  -  Compiled by ROLAND LIM WORKSHARE, a developer of document integrity software, has released TRACE! V2. This is a free application for Microsoft Office users which alerts them to possible compliance and privacy violations in their documents. The application detects not only visible violations but also
        119 words
  • Page 27 Advertisements
    • 116 27 ISP" Network and Desktop Outsourcing Specialists International business technologists connecting your workplace Is your infrastructure unneccessarily complex? Thinking of outsourcing your IT services I rec l u rements We can help. With over 36,000 employees in over 30 countries and revenues exceeding Euros 4.2 Billion, Getronics is one of the
      116 words

  • Page 28 Advertisements
    • 143 28 Can your f go around the world in 80 nanoseconds? HOW AT&T HELPED COSCO TRANSFORM ITS BUSINESS. When the China Ocean Shipping Company wanted to expand its business into new ports of call, they steered right for the world's networking company. Now, with a standardized IP-based MPLS network from AT&T,
      143 words
    • 9 28 IBM aims to transform supply chain outsourcing PG 27
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