The Business Times, 5 May 2003

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Microfilm: NL25027
Total Pages: 26
1 26 The Business Times
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  • Title Section
    Lock icon Masthead
    15 1 MITA (P) 024/03/2003 85C THE BUSINESS TIMES SINGAPORE Internot: http://business-times.asial .com.sg MONDAY. MAY 5, 2003
    15 words
  • Article, Illustration
    Lock icon Corporate moguls pick up shares in own companies
    1148 1  -  They're baying stock at lows to support prices or boost their control By Ven Sreenivasan [SINGAPORE] As investors shy away from equities amid fears of a global economic slowdown and the Sars outbreak, many controlling shareholders are buying stocks in their own
    FILE PHOTOS  -  1,148 words
  • Article
    Lock icon Lobbying for US-S'pore FTA pays off
    663 1  -  US pressure group members are happy over key provisions From Jennifer Lien in Washington, DC A GROUP of US companies and trade organisations are about to see their lobbying efforts come to fruition, with US President George W Bush and Singapore Prime Minister Goh
    663 words
  • Article
    Lock icon MARKETS
    65 1 Week Change STI 1299.22 +7008 KLSECOMP 627.26 -0.47 NIKKEI 225 7907.19 +207 69 HANG SENG Ml +399.17 SET INDEX ***** +671 .JAKARTA COMP 447.82 +12.78 MANILA COMP .*****5 +18.76 TAIPEI WPI 4187.82 -45.72 SEOILCOMP ***** +30 81 SHENZHEN B 212.37 +1.70 Al'ST ALL ORD .2941.00 -20.70 DOW JONES 8582.68
    65 words
  • Article
    Lock icon FINANCE
    73 1 FOREX RATES US$ 8$ l"SS|SSp«TSS) 1.770 £(l'SS/SS per 1.600 2.848 El'ROfl SS/SS/E) 1.121 1.984 YEN 118.9 67.20 RM 3.800 2.147 HKS 7.799 4.407 BAHT 42.80 2418 RIPIAH 8.655 4.891 RENMINBI 8299 4689 INDIAN RI PEE 47 :16 26.76 PRIME RATES SINGAPORE* in KI ALAU MPI R 64<l HONG KONG
    73 words
  • Article, Illustration
    Lock icon Online shopping catches on; Net banking slow to take off
    1265 1  -  BTiaimiumj But most credit card deals online are below $100 By Siow Li Sen [SINGAPORE] Singaporeans seem to be more comfortable shopping online than doing their banking over the Internet probably because cyberspace plastic spending is in small amounts, bankers
    1,265 words
  • Article
    Lock icon S'pore firm in forefront of race for KL hospital
    778 1  -  BTiamiuwj Sale of facility by Sime Darby could top RMIOOm From Eddie Toh in Kuala Lumpur ANOTHER major cross-bor-der deal could be in the pipeline, reflecting perhaps a thawing in the often testy bilateral ties between Malaysia and Singapore. Sources say
    778 words
  • Page 1 Advertisements
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      18 1 m*4«i« ♦nnjfcaw anti-Sars measures, Pg 3 Sara in China not likely to hurt chip market, Pg 13 (Hi
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      43 1 CWna Fociw poww tOJOM |BWiP(liui<ibiljj on SQX p| I H »J 19 ■■I How will the S 'pore stock market perform today? To find out, go to: http://business-times, asial.com.sg Singapore Inc should als leverage US-S'pore FTA VIKkAM KH-WNA P- 2 Cr L B
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  • NEXT page
    • Article, Illustration
      Lock icon Singapore Inc should also leverage US-Spore FTA
      776 2  -  ECONOMICS US Anns are clear about potential gains; S'pore Anns need to do likewise vikram khanna A BOUT three years ago, when the US-Singapore Free Trade Agreement (FTA) was still somewhere between a dream and a plan, the then US Ambassador to Singapore,
      776 words
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      207 2 fjk fipst wr r. -*<.%-<**■_ f H^BII SflHtfEffjßVKYAfll Im'Vj f v jfl^Hi .2"* When nothing but top quality Of,Lwca«tert Strategists' MBA comes to maHIHiHHHIHPHHiHII discerning professionals over 46 successful intakes, it spells prestige and recognition. For an MBA that gives you the extra edge, this is it! tT -rfr f^r>
      207 words
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  • SARS OUTBREAK
    • IN Brief
      • Article, Illustration
        Lock icon Gong Li to star in China film on virus
        83 3 AFP [BEIJING] Chinese film producers are preparing to shoot a film on the nation's fight against severe acute respiratory syndrome, with leading lady Gong Li being recruited to play a head nurse at the front lines of the fight against the
        AFP  -  83 words
      • Article
        Lock icon Qantas stewardess possibly infected
        68 3 Reuters [SYDNEY] A Qantas Airways Ltd flight attendant taken to hospital with possible Sars had greatly improved yesterday, the airline said, as it scrambled to contact passengers who flew with her from Singapore. The airline has so far tracked down around 90 per cent of the
        Reuters  -  68 words
      • Article
        Lock icon India lifts quarantine on 97 travellers
        76 3 Reuters [HYDERABAD, India] India said yesterday it has released from quarantine 97 foreigners isolated in the southern city of Secundrabad after two Australians among them were suspected to be suffering from Sars. Doctors certified 74 foreigners, mostly Australians at a youth hostel, and 23
        Reuters  -  76 words
      • Article
        Lock icon Japanese firms insured against Sars
        81 3 Reuters [TOKYO] Japan's trade ministry will expand an insurance policy that covers the losses of Japanese firms overseas to include losses due to the deadly flu-like disease Sars, the Nihon Keizai Shimbun (Nikkei) said on Saturday. Overseas investment insurance has so far protected the assets
        Reuters  -  81 words
    • Article
      Lock icon Sars virus can survive for hours: scientists
      289 3 AFP [WASHINGTON] The Sars virus can survive for hours on common surfaces outside the human body, and up to four days in human waste, according to a Washington Post article yesterday detailing new scientific findings. The virus can survive at least 24 hours
      AFP  -  289 words
    • Article, Illustration
      Lock icon China toughens anti-Sars measures
      638 3 Govt keeps schools shut longer; ship outbreak turns oat a alarm Reuters AFP AP Bloomberg [HONG KONG] China concerned over the virus spreading to the provinces fired health officials nationwide for failing to implement stringent measures to control the epidemic. Meanwhile in Hongkong, new Sars cases
      Reuters; AFP; AP; Bloomberg  -  638 words
    • Article
      Lock icon East Asian tourists to M'sia dive 90%: report
      254 3 Reuters Bloomberg AFP [KUALA LUMPUR] Tourist arrivals from Hong Kong and Taiwan to Malaysia are down 90 per cent, while travellers from China had dropped to near zero due to the Sars outbreak, The Star reported yesterday. Arrivals from Singapore were down
      Reuters; Bloomberg; AFP  -  254 words
  • Page 3 Advertisements
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      61 3 .fe# /.3MPPQPQW 11 ?> <mi M w^S&l W' „*.<* Now only just out of reach. Mercedes-Benz Tantalizing, isn't it? Introducing the new 3.7 litre V 6 addition to the legendary SL-Class roadsters the elusive SL 350. The Future of die Automobile Mercedes-Benz Sales Enquiries. Tel: 6298 1818 Showrooms: 239 Alexandra
      61 words
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      1 3 rag
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Untitled
      318 4 OTHER SINGAPORE INDICES May 2 VALUE CLOSE WOMB -113.00 +79.00 BTCAW -*****.00 +141.00 ■T 10-day MA -*****.00 -11.00 MkNE««M 349.67 +3.82 SG Elact 122.06 +0.86 SGMdtfMFia 1096.36 +17.49 SCEjdH-Pwp 303.63 +5.45 MSOSNppw* 159.48 +1.98 SMSdFabns 157.20 +2.70 Stock* Volume Leong Hin 20c 261,322,000 Hint 15c 175,840,000 Chart SemiCond 26c 150,473,000
      318 words
    • Article, Illustration
      Lock icon Penguin Boat a potential speculative penny play?
      307 4  -  HOT STOCK/ WABRAMT By R Sivanithy THE hottest segment of the market at the moment is the penny sector, which seems to be foUowing the maxim that some punters go by: "The cheaper, the better." Thus it is that shares which cost less
      307 words
    • Article, Illustration
      Lock icon First war, then Sars, so what's next?
      768 4  -  STOCKS r. sivanithy ONE truism about stock markets is that they always have to find something to worry about. If it isn't the threat of terrorism or a US recession, then it's deflation or a war in Iraq. Once the latter ended some
      768 words
    • Article
      Lock icon Concern over US economy strengthens Asian units
      857 4 AFP [HONG KONGJ Asian currencies surged against the greenback over the past week as the US unit feU out of favour on concerns about the US economy. The Australian dollar was lifted to a three-year high and the yen a onemonth high. Japanese
      AFP  -  857 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    48 4 UNIT TRUSTS FUNDS LfG£ND Alphas are mtfccaovt ocapt tor Eji Kmggit Acsete, Broadty DivarsifndL I Narrowly Focused; S lower RWc Low to MerSum tek; Medwm to High RMc Higher MA; opaMntfMt Mora wbdMaon of unitt, After tutadraon erf unrtv V after rtodnptt HA- Won Dicing Day: —Hoor MnSSOtIS
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  • Page 5 Advertisements
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      473 5 Carrefour 1 w<uct it f V C i '-..V W J>»? W r S fl L B K-, Br. 6 I v S» K\ > v« ■ai HI 'J ■■■K BBBBVrraaMßHH££it*< 888 3IIHBGBB 3253*-: JImIBHBBHBBBBHBBBBBB* IHHHHMF .7 P ■—I HK KRESSMANN |H AOC HAUTES COTES BB CHATEAU HAUT IB CHATEAU
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  • SINGAPORE companies
    • Article
      Lock icon As if using Ebitda isn't bad enough
      716 6  -  HocKIWWSTjWI r sivanithy YOU have to hand it to the stock market analysts. First we saw the introduction of Ebitda (earnings before interest, tax, depreciation and amortisation) about two years ago as a benchmark for evaluating the financial performance of telecom, tech and
      716 words
    • Article, Illustration
      Lock icon Genting stock hits 14-month low as Sars empties hotel rooms
      703 6 Lower share price also seen as buying opportunity, analysts say Bloomberg [KUALA LUMPUR) At the Coffee Bean Tea Leaf Co at Genting Bhd's hilltop casino resort above the Malay sian capital, daily takings have fallen from RM 18.000 (558,400) to
      Bloomberg; FILE PHOTO  -  703 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      830 6 Mi 5S? 2L r fail SS? ssrr— i i?m zz %z ?s sr M ,v S IS SE ASO* V I ***** JMt* Ii«Ur »lw OW m JMO IMtol Mb AtfongrpJOt b IX «74b» U-tfty ®4<b Pb>4bb0d I* 100 <»«£* O** 7044b HtsBbfJk J Q4D C744b 1144b JiMb
      830 words
    • Article
      Lock icon Silkair cuts back on Myanmar flights due to Sars
      125 6 AP [YANGON, Myanmar] Singapore Airlines' regional carrier Silk Air has reduced the number of flights from Singapore to Yangon from nine to seven because of the impact of Sars in the city-state, a report said yesterday. The move follows a sharp
      AP  -  125 words
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      328 6 An Exquisite Collectible, An Ideal Corporate Gift The 2003 Singapore Sterling Silver Proof Coin Set flu ft H m K Bf jfrrTHt f*• g»| Jfl lit H S^HH 11| H 1 Bp- jM h^HH f M ■L. Minted with uncomprising attention to quality, this yearly issue of coins features Singapore's
      328 words
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  • Page 7 Advertisements
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      45 7 i 'MSEfei ffc;&, '&i* <y 3*5^tT s -1& ''-A j. ,.!:*,x.x. i v fl r JflBI I j(BF 'mf J' MI i^TrfM /^W'f/^^P^lCA^4^^;$ ifiMMiii *ifiil x iii Y^f"iii^*5frr ,g v 96b> I II fl fl V JH H H H jH H W |H I
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  • SINGAPORE news
    • Article
      Lock icon Insead to spend $45m to double size of campus
      402 8  -  School is anfazed by economic weakness and committed to S'pore, says dean Bb Andrea Tan IT MAY sound crazy, pumping in $45 million to double the size of a university campus in these times. But Hellmut Schutte, dean of the renowned
      402 words
    • Article, Illustration
      Lock icon Asia's savings glut could boost asset prices: JP Morgan
      516 8  -  By Siow Li Sen THE excess savings of Asia's private sector could help boost the region's languishing equity markets and also make distressed debt more attractive, said the US investment bank and brokerage JP Morgan. The build-up in private sector savings
      Source: JP Morgan  -  516 words
  • Page 8 Advertisements
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      276 8 ETiTI Lianhe Zaobao l^importedl I food from I I Japan, I IS Korea I I Taiwan I lin the last 10 years I HlWii.fi I I iiti A j* A Diners Club Credit Card r. 0980 Where to wine, dine and entertain... *<jm ™f^f he?,wle!o4lta,s 1 MERITUS MANDARIN SINGAPORE T
      276 words
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      109 8 GREAT SOLUTION FOR YOUR BUSINESS CONTINUITY PLAN Prime location Prestigious Address Fitted units available ■HgfA Various sizes from 420 to 10,000 sq ft Ample car parking Comprehensive business support facilities Excellent staff amenities Video conferencing affordable EEr@ $5.80 Nett Per Item \Er With FREE Choice of One C otfw/Tea/Sotl Dfinks
      109 words
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      107 8 A Mother's Day Indulgence II May 2003 w /m This Mother's Day, pamper mum with the delightful spread at Rang Mahal and we will Sk < luxuriate her with a special gift a Haach J»< "Perfecting the Past" facial, worth $150, with £Md T'r our compliments! *w Make your dining
      107 words
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      240 8 FORD MOTOR CREDIT COMPANY Floating Rate Global Landmark Securities (GlobLS)™ Due October 27,2003 Common Code: *****7485 IS1N: X **********0 (CUSIP No.: *****7 TVS) In accordance with the terms of the documents governing the above-referenced securities, notice is hereby given that the Interest Kate per annum for the Interest Period commencing
      240 words
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  • REGIONAL news
    • Article, Illustration
      Lock icon Sarawak's Cahya Mata bags RM1.3b govt road contract
      477 9  -  Gronp linked to chief minister also has aggressive expansion plan From Eddie Toh in Kuala Lumpur IT pays to be big in the eastern Malaysian state of Sarawak. Cahya Mata Sarawak (CMS) the listed vehicle of the family of Sarawak's Chief Minister
      FILE PHOTO  -  477 words
    • Article
      Lock icon KL eases guidelines to allow foreign wives to work after 3 years
      190 9 KUALA LUMPUR AFP THE Malaysian government has eased immigration rules to allow foreign wives of Malaysians who have lived in the country for at least three years to work, a report said yesterday. The New Sunday Times said
      AFP  -  190 words
    • NOTE Book
      • Article
        Lock icon Philippine telcos Q1 profits seen up
        99 9 Reuters [MANILA] Leading Philippine telecom firms Philippine Long Distance Telephone Co (PLDT) and Globe Telecom are likely to see a surge in first-quarter net income, driven again by their wireless operations. Analysts expect 2003 net income growth of more than 20 per cent for
        Reuters  -  99 words
      • Article
        Lock icon IMF invites M'sia for talks on Iraq
        67 9 Bernama [TEMERLOH, Malaysia] The International Monetary Fund has invited Malaysia, along with eight other countries, for discussions on Iraq's reconstruction, Second Finance Minister Jamaludin Jarjis said yesterday. He said the invitation is a big honour for Malaysia as the country is seen to
        Bernama  -  67 words
      • Article
        Lock icon HK retail sales seen falling 15%
        86 9 Bloomberg [HONG KONG] Hong Kong's retail sales probably had their biggest fall in five years in March as consumers shunned stores and restaurants following the Sars outbreak. Spending may drop even more sharply in the second quarter, economists said. Sales probably fell 15 per
        Bloomberg  -  86 words
      • Article
        Lock icon Thais happy with Thaksin govt: poll
        69 9 Reuters [BANGKOK] Most Thais are happy with the idea of Prime Minister Thaksin Shinawatra's government wielding power for the next two decades, an opinion poll showed yesterday. Bangkok's Assumption University and KSC Internet's poll of 1,372 voters in Bangkok last week showed 52 per
        Reuters  -  69 words
    • Article
      Lock icon Bankers see rate cut in M'sian Sars package
      459 9 KUALA LUMPUR Measures may be unveiled as soon as Wednesday: source Reuters AFP MALAYSIA may cut interest rates as part of an economic stimulus package this month to boost flagging demand due to Sars, bankers said. The much-delayed package may be unveiled
      Reuters; AFP  -  459 words
  • Page 9 Advertisements
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      1293 9 LKN-PRIMEFIELD LIMITED (Incorporated in Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Fortieth Annual General Meeting of LKN-PRIMEFIELD LIMITED will be held at 27 International Business Park, sth Level. PrimefiekJ-Landmark Building. Singapore *****4 on Friday. 23 May 2003 at 10.30 a.m. for the following purposes As
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      1403 9 OMNI MOLD LTD (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HFRKBY GIVEN that the 13th Annual General Meeting of the Company will be held on Wednesday. 21 May 2003 at 10.30 a.m. at SI Joo Koon Circle. Singapore *****9 for the following purposes: 1.
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  • REGION world
    • Article, Illustration
      Lock icon An American, 2 Iraqis to lead Iraq oil sector
      397 10 REBUILDING IRAQ Move to show US keeping promise to turn over oil industry to Iraqis NYT Reuters [BAGHDAD] The new civil administration in Iraq has named two Iraqi oil officials and a former American oil executive to lead the country's oil
      NYT; Reuters; AFP  -  397 words
    • Article
      Lock icon Fed set to hold rates: analysts
      463 10 WASHINGTON It's likely to bet on post-war rebound despite weak data AFP US Federal Reserve policymakers will hold interest rates at a four-decade low this week, banking on a post-war rebound despite weak economic data, analysts predicted. Policymakers, meeting tomorrow, would be nervous about
      AFP  -  463 words
    • Article
      Lock icon Indian firms seen gaining from Sars
      274 10  -  From Ajoy Sen in New Delh i INDIA'S top trade body has said that Sars may benefit Indian companies involved in consultancy, food processing, hospitality and tourism in the short-term as business is likely to be diverted from Sars-affected South-east Asian countries. "The Sars
      274 words
  • Page 10 Advertisements
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      1441 10 s s ST Assembly Test Services Ltd (Incorporated in the Republic of Singapore) Notice of Ninth Annual General Meeting NOTICE IS HEREBY GIVEN THAT the Ninth Annual General Meeting of ST Assembly Test Services Ltd (the "Company" or "STATS") will be held at its registered office at S Yrshun Street
      1,441 words
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      195 10 In The Matter of The Companies Act (Chapter 50) And In The Matter of TECHNO LIFESTYLE PTE LTD (Incorporated In The Republic of Singapore) (In Creditors' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap 50, the Final Meeting
      195 words
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      140 10 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF CTOE TECHNOLOGY PTE LTD (Formerly known as Kioskmedia (S) Pie Ltd) Extract of the Minutes of an Extraordinary General Meeting of CTOE TECHNOLOGY PTE. LTD. held at 20 Peck Seah Street #05-00. Singapore *****2 at 10.00
      140 words
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      144 10 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF PRINTER MAGAZINES PTE LTD (Company No: *****50 UK) (IN CREDITORS' VOLUNTARY LIQUIDATION) Extract of the Minutes of an Extraordinary General Meeting of PRINTER MAGAZINES PTE LTD held at 8 Robinson Road, #06-00 ASO Building, Singapore *****4
      144 words
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      102 10 In the matter of The Companies Act, Cap. 50 And In the matter of POLYSKILL PTE LTD {In Members' Voluntary Liquidation) At on Extraordinary General Meeting of the members of the obovenamed Company, duly convened and held at 336 Smith Street *06-308 New Bridge Centre Singapore *****6 on 29th April
      102 words
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      1382 10 aj=f" MANUFACTURING INTEGRATION TECHNOLOGY LTD (incoiporated m Singapore with Limoad LiaMty) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting ot Manufacturing Integration Technology Ltd ("the Company") will be held at Ocean 5. Level 2 The Pan Pacific Singapore 7 Raffles Boulevard Marina Square Singapore
      1,382 words
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      273 10 THE COMPANIES ACT, CAP. 50 SING JIANG MANUFACTURING PTE LTD (In Voluntary Liquidation! Ai an Extraordinary General Meeting of die Member, of Sung Jiang Manufacturing Pte Lid dul) convened and held at Blk 202? Bukil Batok Sc 23 #02-94 Singapore *****8 on 28th Apnl 2003. the following Special Resolutions was
      273 words
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      233 10 IN THE MATTER OF THE COMPANIES ACT. CHAPTER 50 AND YEA KEAN CHEOW SONS PRIVATE LIMITED (la Members' Voluntary Winding Up) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act. Cap. 50 that a Final Meeting of the Members of the abovenamed Company
      233 words
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  • WORLD news
    • Article, Illustration
      Lock icon Record Q1 operating profits for Berkshire
      653 11 OMAHA, Nebraska Jump in earnings from its insurance businesses helped Reuters AP BILLIONAIRE investor Warren Buffett told shareholders at his annual Berkshire Hathaway Inc meeting that the conglomerate made record operating profits of US$l.7 billion in the first quarter, more than twice that of
      Reuters; AP  -  653 words
    • WORLD Watch
      • Article
        Lock icon Lockheed favoured for £1b contract
        78 11 Reuters [LONDON] Defence contractor Lockheed Martin Corp is the frontrunner to win a £1 bUlion (Ss2.B biUion) contract for a UK ground-based air defence system, the Observer said yesterday. The newspaper said industry insiders indicated Lockheed was the favourite to win the contract from Britain's
        Reuters  -  78 words
      • Article
        Lock icon AMP may lose third of market value
        72 11 Bloomberg [SYDNEY] AMP Ltd, Australia's biggest life insurer, will lose as much as a third of its market value, about As 3 billion (553.4 billion), after selling shares at a 37 per cent discount to reduce debt, investors said. AMP sold Asl.2 billion
        Bloomberg  -  72 words
      • Article
        Lock icon Japan paper apologises for explosion
        77 11 AP [TOKYO] A Japanese newspaper apologised on Saturday for a fatal explosion in Jordan's main international airport that occurred when one of its journalists apparently tried to carry a battlefield souvenir from Iraq through a security checkpoint. A customs official was killed in the blast
        AP  -  77 words
      • Article
        Lock icon Tussands looking at £1b flotation
        66 11 Reuters [LONDON] Tussauds Group, the business behind the world-famous waxworks museum, is considering a stock market flotation that could value the company at up to £1 billion (Ss2.B billion), media reports said yesterday. The company, owned by private equity group Charterhouse Development Capital, has asked
        Reuters  -  66 words
    • Article
      Lock icon MidAmerican wants to buy utility assets: Buffett
      123 11 OMAHA, Nebraska Bloomberg MIDAMERICAN Energy Holdings Co, a unit of Warren Buffett's Berkshire Hathaway Inc, wants to buy assets such as natural gas pipelines and electric utilities in the US or overseas. Mid American is considering large purchases of US$l billion or more,
      Bloomberg  -  123 words
    • Article
      Lock icon End of Iraq war to benefit EU growth: Ecofin chairman
      256 11 PARIS He sees improved economic situation this year Reuters GROWTH in the European Union should pick up this year as the end of the war in Iraq reduces uncertainty and countries pursue structural reforms, said Nikos Christodoulakis. the chairman of
      Reuters  -  256 words
    • Article
      Lock icon Commodity markets reel from Sars, gold surges
      780 12 COMMODITY WeekJyßoundup AFP [LONDON] The threat to global demand from the Sars respiratory virus sent many commodity prices tumbling last week, while also helping the safe haven of gold to climb. Oil prices recovered slightly from a lengthy postIraq war slump as the
      AFP  -  780 words
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      2541 11 TOP GLOBAL LIMITED (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 2003 Annual General Meeting of the shareholders of the Company will be held on Wednesday. 28 May 2003 at 18 Cross Street Bth Floor China Square Central Singapore *****3 at
      2,541 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Lock icon Page 11 Miscellaneous Column 1
      172 11 CRYPTIC CROSSWORD ACROSS M 3 12 Constrain two thousand entine (2,1,3) 23 Mint imperial money first haps, half-hearted, not ap- Across: 1 Advantage. 9 Ha(10) proving (8) vana, 10 Singleton, 11 Storey, 24 Wrong to be coming back 7 Animal can go inside (5) 12 Repentant, 13 Possum, 17 (4)
      172 words
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  • Article, Illustration
    Lock icon FINANCE & COMMODITIES
    746 12 FINANCE COMMODITIES Week ended: May 2 SDfQAPORE OOYERlHiEMT SECURITIES DfPICATCVE PRICES AMP HELPS Prk« Prk« TctC—tUtwttr OO T TII m Off* TwCwpw Wtacttr C— T TII 1 Iter 7 YR 2.5 15-Jun-03 N*****0F 0.89% 0.453% 100.18 100.23 5-YR 1.5 01Apr-08 N*****0S 1.44% 1.43% 100.27 100.32 5YR 5.125 OVSep-03 N*****1X 0.66%
    746 words
  • Article
    Lock icon COMMODITIES
    1572 12 S1C0M FUTURES May*. RUBBER Futures (dosing prices) RSS1 (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Jun 03 ***** Art 03 160.75 Aug 03 160.75 Sep 03 160.75 BSS 3 (US cents/kg) Volume Open Month High Low Sett (tomes) Interest Am 03 9SOO 9X25 200 TTOO
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  • CHINA focus
    • Article, Illustration
      Lock icon Shoe firm to lead IPO comeback on SGX
      684 13  -  A handful of Chinese firms are scheduled to list here soon, reports Loh Bui Tin Loh Hui Yin After a gap of one-and-a-half years, initial public share offers by Chinese companies are making a comeback on the Singapore Exchange (SGX), with at
      684 words
    • Article
      Lock icon Sars in China not likely to hurt chip market
      369 13  -  From Jennifer Lien in Silicon Valley THE Severe Acute Respiratory Syndrome (Sars) crisis happening in China right now will not have any impact on the semiconductor market or supply chain, the president of the Semiconductor Industry Association said last week. "Remember
      369 words
  • Article
    Lock icon BROKERS' RECOMMENDATIONS
    1022 13 Till mill IIIiMpMidiiMli II illi IIIilIII II RECOMMENDATION FORECAST the stock, llmv tea total of 29 brokers submitting recom- COMPANY NAME TWS WEEK LAST WEEK EPS PE (timet) nnndaUon> birt not iwy itock it foMoidd by il lh> 29 broton. Thofcr mwh mentations arc on 11 to 5
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  • Article
    Lock icon SGX
    710 13 Week ended: May 2 I—— 1 fm gjj MteB Omm Mm t» 0J» AMD -040* MOMtt OJB i4?B ♦0-0* cic oij «.■>*> ««gae ogk u< i« CW0IU uM \m (OM «AC30 out 0 VI ua 40* OWIMM& 10 CMC fOMO MMtNA «M OTIC «0«T Q«0m*I 191 <tw IMnMMCStllA un
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    Lock icon BONDS & WARRANTS
    526 13 BONDS WARRANTS Lact *ol Cam Ew Dk Caat-'SiSI Campaof Mi *m- Ma It U* ASTIW*****1 17.5 1 16 179 0.69 13 Acm*LtdV«M111« 15 unch 1 SO 758 4 00 II Airrtek W*****0 SIS unch 35 1 33 1 160 25 AmB*rongW*****0 05 1 10 50 14.00 12 Boustead W*****2 .....9
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      745 13 PDC Corp Ltd (Incorporated in the Republic of Singapore) NOTICE OF FOURTH ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Fourth Annual General Meeting of PDC Corp Ltd will be held at Raffles Manna. 10 Tuas West Drive. Singapore *****4 on 29 May 2003 at 2.00 p.m. for the
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      145 14 BHWBM y^mbSlHkl^H i B?*j m JJ HP Open View. It's modular-based so you can be up and running to achieve ROI in just 63 days. Created to be the most powerful multi-platform management solution to get your business up and running in no time, HP Open View allows you to
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  • BizIT
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      Lock icon Sars can be shot in arm for eCRM
      724 14  -  INFOTECH raju chellam THE shock and awe of Sars should see at least one infocomm sector eCRM, or electronic customer relationship management thrive, at least in the short term. That's because more people now work from home, and therefore do their banking,
      724 words
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      Lock icon New digital cameras and printer dock from Kodak
      410 14  -  By Amit Roy Choudhury LAbTMAN Kodak company has introduced two new digital cameras and a printer dock in Singapore under its Kodak Easy Share system. The products: Kodak Easy Share L 5633 zoom digital camera: It's the first digital camera with an
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      Lock icon Apec plans to use less paper at meetings
      197 14 AP [BANGKOK] This year's summit of 21 Asia-Pacific leaders will involve a lot of talk as usual but a lot less paper, Thai officials said last week. Delegates will rely more on computers in a bid to reduce the usual reams of
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    • ON THE SHELF
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        Lock icon New LCD monitors from Samsung
        62 14 SAMSUNG has launched two new LCD monitors, the 15-lnch SyncMaster 153 v (right) and the 17-inch SyncMaster 173 v. The monitors have anti-glare coating technology for high contrast images and contemporary hidden control button style. Both monitors are available in Singapore. The 153 v sells
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        Lock icon Fujitsn launches LifeBook E4010
        57 14 be available in Singapore from mid-May, priced at $5,888. For details, visit wwwfujitsu-pc-asia.com. FUJITSU has launched a new high-end Lifeßook E4OlO for corporate executives. Using the latest Intel Centrino mobile technology, the Lifeßook E4OlO is equipped with 512M8 DDR266 SDRAM upgradeable toIGB, a6OGB storage capacity and
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        Lock icon Software upgrade for IDP line
        89 14  -  Compiled by Amit Roy Choodhury NETSCREEN Technologies has announced a software upgrade for its intrusion detection and prevention product line. This makes it the first platform to protect against exploitation of instant messaging (IM) and peer-to-peer (P2P) file sharing application vulnerabilities, the company claims. Net
        89 words
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      Lock icon Institute for Infocomm Research sets speed record for wireless data
      400 15  -  By' Tang Weng Fai THE Institute for Infocomm Research (I2R), an arm of the Agency for Science Technology Research (A*Star), said last week it had achieved a new world speed record for wireless data transmission. Lye Kin Mun, deputy executive
      400 words
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      Lock icon More S'pore firms take to e-learning
      789 16  -  arMMiium The merits of online training are clearer now, reports Amlt Roy Choudhury Amit Roy Choudhury E-learning has become a powerful new tool in the arsenal of manpower training departments of several Singapore companies as they train staff to keep them on the cutting
      789 words
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      Lock icon E-learning's progress
      251 16  -  By Amit Roy Choudhury WITHIN the corporate environment, the Ministry of Defence and some of the bigger organisations here have been using computer-based training for many years, according to the Infocomm Development Authority of Singapore. The finance and banking sectors have been very active in adopting e-learning. But
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    • IT TAKES
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    6 15 Week ended: May 2
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    Lock icon SGX SESDAQ
    1599 15 52-8* Last Vol Weak LaaQwM* GrOn Dm GrYW MM HCap 10# I—i Cwfi Sate W- ri) W0i Law 8ayr Mhf Cw Ml fcJ 19 75 ABRHIdgsSc 9 *1 110 9 8.5 8.5 9 174 24 15 APOI 5c 19cd -0 5 394 20 19 19 20 27 26
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    Lock icon CLOB INTERNATIONAL
    330 15 S2-M Lat Vol WMk unowu GrfN» W» GfTW MM MCaa ■01 I— C—p Sat» W- r— W# U» C» >K 123 r AVJen«ngsA25< A121 *10 1414 123 112 120 121 40 3.4 8.3 7.1 240.4 HK720 265 2.1 7.4 6 *****2 Cheung KongSOc MK1780 240 63 6.7 3
    330 words
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      23 15 ROLEX Roy Eastern Watch Rolex Day-Oate and Rolex Lady-Date|ust Pearlmaster officially Certified Swiss chronometers Lucky Plaza #01 /88-88 Orchard Road Tel: 6734 3139
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      780 16 Bure es coda/ must not damage business. Less mission-criti-in on time, they also cal IT operations may tolerate a d be run like time. slightly longer period of downtime, tops, regardless of dis- The definition of "disaster" may ishaps.Your business vary from company to company, 2 any different. but two
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  • SHIPPING TIMES
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      Lock icon AP Moeller pays pirates to free crew off Nigeria
      625 17  -  By Donald Urquhart [SINGAPORE] Danish shipping, oil and industrial group AP Moeller took the unusual step of announcing it had recently paid a ransom to secure the freedom of one of its vessels and crew after pirates hijacked the ship off
      AFP  -  625 words
    • Article
      Lock icon Brunei may build new container port
      240 17 It hires UK's Halcrow Group to do feasibility study Bloomberg [BANDAR SERI BEGAWAN, Brunei] Brunei may build a new port as part of the South-east Asian state's bid to attract new industries and reduce the economy's reliance on oil and gas. Brunei, run by
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      Lock icon Hyundai wins order
      77 17 Bloomberg [SEOUL] Hyundai Mipo Dockyard Co, an affiliate of Hyundai Heavy Industries Co, said it won US$235 million worth of orders from Greece and Italy to build nine ships to carry petroleum products. Hyundai Mipo said it won orders to build two ships for Greece's Athenian shipping
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      Lock icon Bulkers, general cargo ships lead in PSC detentions
      840 18  -  DOCKYARD -By David Hughes BULK carriers entered with mutual marine liability insurer UK Club accounted for some 40 per cent of Port State Control (PSC) detentions of the club's vessels, twice their club entry proportion. General cargo ships also had high detention
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      3 18
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      3 23 THEBUSINESSTIMES
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    • SHIPS IN PORT
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        Lock icon CONVENTIONAL WHARVES
        583 25 Vessel Voy Wo B«fth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL KIANI 1 305S J8 A/SIDE 05/05 1200 NILS B 04/01 J13 A/SIDE 05/05 1300 PULAU NANAS 03/03 J14/15 A/SIDE 05/05 0600 V BANGALORE 01/03 J7/8 A/SIDE 05/05 1000 VICTORIA 0502 J6 A/SIDE 05/05 2000 VIENTIANE 2 J12 A/SIDE 05/05
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        Lock icon CONTAINER SCHEDULES
        2 25
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        Lock icon GLOBAL HOLIDAYS
        141 25 MayS Japan: Children's Day South Korea: Children's Day Thailand: Coronation Day U.K. May Day Australia: Labour Day May 8 Soth Korea: Memorial Day France: Victory Day HongKong: Buddha's Birthday May 14 Indonesia: Prop's Birthday Malaysia: Prop's Birthday Thailand: Wisakha Bucha Day May 15 Indonesia: Waisak Day Malaysia: Vesak
        141 words
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        Lock icon COCKETT BUNKER MARKET REPORT
        812 25 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average sized stem Market movements are indicated. The Cockett Bunker Price Index change and
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        Lock icon VERITAS BUNKER QUALITY REPORT
        458 25 Carton 180 Max 1005.1 0.7 152 0.06 144 0.03 Mav 1 Dmltr M« Wo*oveE25 3 0 3 0 2 _0 3ao Ave 982J oj uj o.cm m 0.02 Una 380 Mai 9911 15 18.9 0.08 41 0.06 M/W3 y/V M/» W/W mi m*f* Wo above C35
        458 words
    • AIR & LAND transport
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        Lock icon Screening of air passengers before boarding proposed
        284 26 TACKLING SARS ICAO recommends measure for those boarding from infected areas AFP [MONTREAL] The International Civil Aviation Organization (ICAO) has recommended that all passengers be screened for Sars before being allowed to board airline flights from, or through, infected areas. In attempts to
        AFP; REUTERS  -  284 words
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        Lock icon THAI seeks help of other airlines
        235 26 Xinhua [BANGKOK] Thai Airways International (THAI), the national flag carrier, has announced that it was enlisting 25 airlines flying into Thailand to comply with measures to contain the spread of Severe Acute Respiratory Syndrome (SARS), while preparing special promotional campaigns to pull passenger numbers
        Xinhua  -  235 words
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        Lock icon Air Canada staff asked to take 10% pay cut
        335 26 Bloomberg [MONTREAL] Air Canada, which filed for bankruptcy protection from creditors April 1, has asked all employees to take an immediate 10 per cent pay cut for the next two months to help conserve cash. Canada's largest airline wants unionised employees,
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        Lock icon Carriers fight spread of Sars
        190 26 Xinhua [BEIJING] Domestic and foreign airline companies have adopted active measures to contain the spread of Severe Acute Respiratory Syndrome (Sars). China's national flag carrier Air China has implemented thorough disinfection and ventilation measures for aircraft arriving at Beijing. All crew members are equipped with
        Xinhua  -  190 words
      • Article
        Lock icon Lufthansa losing 55m euros in sales a week
        203 26 Bloomberg (COLOGNE, Germany) Deutsche Lufthansa, Europe's third-largest airline, is losing 55 million euros (*****.9 million) in sales a week because of the spread of severe acute respiratory syndrome in Asia and sluggish economic growth. The 55 million-euro figure, reported last Saturday by
        Bloomberg  -  203 words
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        Lock icon Emirates posts record profit of 1.05b dirhams
        461 26 Group's earnings soar 74% in a tough year for industry AFP [DUBAI] Dubai's airline Emirates Group reported record profits of 1.05 billion dirhams (*****.5 million) for the financial year to March 31, in a statement received here last Thursday. Emirates' chairman Sheikh Ahmed
        AFP  -  461 words
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        Lock icon Swiss Air to create low-fare regional unit to cut costs
        318 26 250 million francs Bloomberg [BASEL, Switzerland] Swiss International Air Lines, the Swiss national carrier, plans to create a unit for its regional fleet to compete with low-cost carriers in Europe as slowing economies curb demand for air travel. The carrier
        250 million francs — Bloomberg  -  318 words
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        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        396 26 AIRLINE COOES AA Amman Arms (AM.). Af to Frtna (AFR) Al to indu iAKI AY FnmOy<FM) AZ totna totnes lAZA, BA Brush toweys PubAc Ltt Co (BAW) BG Bmn Bnf/ttiesh Arms (BSC) Bl Roy* Brurm Artnes SOn BtiC 'RBA/ BO BoureoAerms (SOU) BR EVA Aerwrys Cajm
        396 words
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      10 17 WnkVf <rfair witifN boarding HHjH proposed 'BACKPAGE PWMmESKOSISRBCOIPHIIOH^ BACK PAGE
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      200 17 PTP is located at the crossroads of impressive, you may also be interested the world's busiest international shipping in our future plans. Our Phase 2 is lanes. Actually "located'" is the wrong word; already in development. With the ability carefully positioned would be a better and facilities to handle the
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      818 18 i TO USA/CANADA I 1 EXPORT 1 1 OTHER DESTINATIONS I Vtssa VOT |MS pßflß] 10*6 OUCH PALLAS HOUSTOW |*B4THK |CHKA6O| NRff TOM TO AUSTRALIA (AUSTRALIA ASIA EXPRESS) 00Q NETHEILANOS 45E14 (MIS 07/051 73/05 77/05 30/05 71/05 71/05 31/05 VOT (B SM FIG sf~| MK STB IMB AM OOQCHHU 47E7C
      818 words
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      448 18 lines »efvic« repfwanted by \°njjy Sngapor® Shipping Ajjociahon COWBUNBS/ CONVBfTKMAL CARGO won ran KIANO/SMGAroH/iAftJUrU IIAMGKOC VW ETA PKI, ETA SIN ETA MALE MaMCarrfcr 7WA tl« K« IVK IVIBrrNK Lih MB 14*. Ifc« 2VK Ull MARINE SERVICES SINGAPORE rW (D 4 7MHM fki:CU47*M St AX HART AGENCIES SON BHI) EX TRANSUNDO
      448 words
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      1314 19 TO EUROPE FROM EUROPE vssa [varan ar nrn m mm m m ibi llvesa Ivor rri nmi orv sou iw m HYUNDAI WGHNISS 343W 05/0517/05 23/05 25/05 27/85 21/ OS MWWWM OOOMS/04 17/04 10/04 70/04 06/05 Art IRELAND 103W0S/05 20/05 30/05 26/05 *10ML 111! 17/0* 11/04 15/04 07/05 MOLPROMISC OOOW
      1,314 words
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      1309 19 CALL TO *JMAI OA>M AKAMA) 10-12 DAYS PORT StfBAN (SMAM) 12 DAYS AQABA (JOftftAM) 10 DAYS GMtuuMam■ SMuratf mmmmnll2-00 saus/w« tr;m»ms;/o ml tmsni/M I hamih «u iami iciuw COSTAB SNIPMNfi PTE LTD s********* ommn/u mikni *msjjs/;j I 25^.5T22!L a»ii«sw!» nimmniittii mmmo/oi Mmm MHSJH/OO I 10DEIDAI (YEMEN) 15 DAYS annnnmni I/W»l»
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      454 19 vbsb wt iKPcummianHwao rasa wr si jkt hkg khh k wis MOO Ml HYU»n>AI rtOGRESS OtOS 7/5 10/5 15/5 14/5 U/5 21/5 WN& J63 M3M W/5 0/5 25/5 2t/5 W/5 JIZL HYUNDAI H 0595 14/5 17/5 22/5 2V5 24/5 28^5 HOMGKW6SW (XW TVS 2V5 27/5 30/5 1/4 2/4 5/4 V
      454 words
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      1272 20 immP HYUNDAI MERCHANT MARINE CO., LTD. Hl»lfi|i: wwwi—?l.<— omo. mtyWWKHI |vtssa ~voT "ST sou ißt |nw I Mff I hoi liv I vista vot sou ta itb HT ma Hn~ *TT An run iiti «i/os u/os~ ~io7os n/os htiboty im m/m «/m m/m m/m 16/ m MX SOLUTION OIIW 07/15
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      1480 20 WAN HAI NTBtNATtONAL PTI LTD a m>. i**********/t V?>A hi• m TE;***** SSI (MUMS) HULO2J4IIU YwiWAN HAI LINES issssssssssssssLm CM m. m BUHIM: Itfl&um *■&OSI) Stun ML mi 9*2714/ »1» ■> a K171U74 www w a «»>Ta/«i<mi KB SM MB Ml KIWTWS W M IWI W lilftfMfl I ÜBUI I
      1,480 words
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      568 20 BSA J, 1 MYANMA FIVE STAR UNE (MyMMr Nitlwd UM) rcssfi vot sim m pen fen PAGAN 30*W SU> NPA-AN 307W SID M MALAYSIA: OOUSTIAD SHIPPING AGENCIES KUL 03-*****300 MIL 03 317*410) PEN: 04-7*l74tt t«| BANK UNE (A Mrvira ol A»4km We* SU*io|) 1 NOKTHiOUNP TO EUtOPi V CONttMER, ROIO,
      568 words
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      1015 21 rmm |VISSK VOY KMH HHP |MN I Htt I DX» I »A» I W MK ■AN ISFAHAN PCL 310 06/03 ***** TOTOT 11/03 11/03 19/03 24/03 16/05 MAN SATTAM PCL 311 SKIP SKIP 17/05 It/05 25/05 26/05 03/06 05/06 MAN HOKMOZGAN PCL 312 20/05 21/05 24/05 25/05 01/06 02/06 04/06
      1,015 words
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      537 21 J k UK CONTINENT SERVICE Loadngtor SMART RDM/ATW/BMKAJK/NAN GULSER ANA RDM/ATW/BMN/UK/NAN i naria Singapore, E/W. Indonma MIDDLE-EAST SERVICE Loadngtor P LAMER ADN/HDO/JDH/AQA BRAVE JOHN JOH/AQA PRABHU DAYA DBl/ABU/DOH/BRN/DMM/KWT PACIFIC SUN II JOH/AQA NEW BARONESS DBI/ABU/DOH/BRN/DMAA/KWT IRINI DBI/ABU/DOH/BRN/DM M/KWT Toads Singapore. E7W Motaysta Indonesa USA SERVICE Loading for AROURA AMETHYST CAM/NFK/SAV/NOL
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      897 22 fVESSII NARU VOT SJNGAPORI PORT (UANG CMTTAGOMG HONGU ETA ETA OP nA HP tT4 CTD OtWOWITT 04M044 HI W/M 10/CS 10 05 M/ 05 17/05 OC TXAI Oimw MOW 1; OS 17/85 7»/t5 INWSIASTAI 1«M009 THU IS/05 14/05 14 05 20/05 24/05 OC NOHOW 07W040 SAT 17/05 11/05 1| 05
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      1127 22 I lib IPDZ LINES I/# MM I custom sovkl tb: 02-*77isso* ml- ti-t&Miw I siGAWtt: roue joo swrwwc rn ire I m«tti mt 00/05 cwmiG ay of/05 jjgg m? w/w v«— 3010 U/WICKUHG |A 6313 109/05 lu/05 I OUNWOttSI Sin 11/05 CKWH 3073 11/(5 K.CBMUI HI) M/H GMKI Mil 17/05
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      259 22 WBMSMM BREAKBULK A CONVENTIONAL SBtVICE DIRECT SERVICE FROM S'PORE TO KARACHI Ivcsa vor*g etasmgapori etamracm |MUA«afe 0071W n/OVO3 (E/Oi/C SEA-PAC MANAGEMENT PTE. LTD. 70 Anaon Moid #17-07/06 Apu Towtr, Sngopor* *****5 TaUphom: 6270 0977 \H FooimiU: 6275 2209 Taluc RS ***** SCAT AC WRtCT «N NAMPO, DJJL KOREA I nssfl
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  • Page 25 Miscellaneous
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      157 25 J» T7 v .ir i 2 I S V S>S SSs v I 'SSHSHBBHSti.i V>Q Njwi^iir Nj tm——Bi lfi\ a Nw \x v <• y —■vO —I IV I WaHßk a. >/ \i jw S I fc/ /r*^s^^* Issued by Meteorological Service Division,NEA LEGEND: I < Thunderstorm Wind speed symbols
      157 words
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      148 26 SOUTH EAST ASIA AND SOUTH ASIA AUSTRALIA TRADE FACILITATION AGREEMENT NOTICE TO TRADE BUNKER ADJUSTMENT FACTOR (BAF) Arising from the regular review, the following Lines in the South East Asia and South Asia Australia Trade Facilitation Agreement wish to inform the trade that the BAF will be revised as follows:
      148 words