The Business Times, 26 March 2004

Lock icon This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.

Microfilm: NL25521
Total Pages: 53
1 54 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    15 1 MITA (P) 023/03/2004 85C THE BUSINESS TIMES SINGAPORE Internet: http://business-times.asial .com.sg FRIDAY, MARCH 26, 2004
    15 words
  • Article
    Lock icon S'pore casino proposal sets US gaming industry abuzz
    721 1  -  BT exclusive Major players aiding up island's potential before showing their hand By Christopher Reed in Los Angeles THE gambling moguls of Las Vegas know the value of maintaining a poker face, but there was no doubt yesterday about their keen interest
    721 words
  • Article
    Lock icon Maritime terrorist threat seen in Malacca Strait
    520 1  -  Analyst warns of convergence of piracy, terrorism By Donald Urquhart [SINGAPORE] Sinking a ship to block the Malacca Strait is the most likely maritime terror scenario causing "substantial economic reverberations" across the region, said a senior US security analyst. The regional terrorist network
    520 words
  • Article
    Lock icon MARKETS
    77 1 STI 1,830.40 (4.89) ST INDEX FUTURES 1,840.00 (+4.00) SIMSCI 222.04 (-0.74) SIMSCI FUTURES 222.20 (-0.60) Thursday Change KLSE COMP S9U.14 5.17 NIKKEI 225 11,530.91 +165.92 HANG SENG 12.***** 157.92 SET INDEX 664.66 -12.95 JAKARTA COMP 727.10 -11.69 MANILA COMP .—1,393.12 +325 TAIPEI Wl'l 6,156.73 -56.83 SEOUL 00V 853.3* 8.34
    77 words
  • Article
    Lock icon FINANCE
    75 1 FOREX RATES US* 8$ I'SS |S$ |mt 1SS) 1.692 £(l'SS/S$ per X) 1.818 3.076 ElRO|l SS/SS/E). 1.212 2.051 YES 106.0 62.60 KM 3.800 2.246 HKS 7.796 4.607 BAHT 39.56 23.38 RIPIAH 8.628 5.099 RENMINBI 8.299 4.905 INDIAN Rl'PEE 44.76 26.45 AS 1.347 0 796 NZS 1541 0.911 PRIME RATES
    75 words
  • Article
    Lock icon S'pore rolls out red carpet for e-game developers
    562 1  -  It offers to defray up to 80% of hosting costs for first six months By Raju Chellam [SINGAPORE] If you want to play online games, come to Singapore. We'll host the games for you, defray up to 80 per cent of your
    562 words
  • Article, Illustration
    Lock icon Osim founder Ron Sim is Businessman of the Year
    389 1  -  Clinching the Enterprise award is Hyflux, while SingTel chief is CEO of the Year By Joyce Koh [SINGAPORE] The prestigious Singapore Business Awards (SBA) saw familiar faces in the limelight this year, and the core themes of hard work and dedication
    ARTHUR LEE  -  389 words
  • Article
    Lock icon Corrugated box makers call for concerted price hikes
    402 1  -  Industry will be 'very sick' if players can't pass on higher costs, warns association By Chen Huifen [SINGAPORE] Manufacturers of corrugated boxes here have called for a concerted effort in adjusting prices as a sharp jump in raw material costs has squeezed
    402 words
  • Page 1 Advertisements
Page thumbnail Page 2
  • NEXT page
    • Article, Illustration
      Lock icon S'pore needs centre to be cosmopolitan
      351 2  -  SINGAPORE BUSINESS AWARDS Strong core will help in expansion of economy overseas, says BG Yeo By Daniel Buenas (SINGAPORE] As Singapore becomes more internationalised, it is important for Singaporeans to develop a strong sense of national character and culture, and rejoice in our heritage,
      CHRIS LOH  -  351 words
    • Article, Illustration
      Lock icon What they say
      541 2 Present at last evening's Singapore Business Awards was a cross section of the best from Singapore's business community. Here's a selection of their views on business and the economy: Tan Su-Shan, executive director, Morgan Stanley Dean Witter "2004 is probably going to befull of surprises, both highs
      541 words
    • Article
      Lock icon Q4 US growth slows to 4.1%; jobless claims up
      571 2 LATEST US INDICATORS After-tax corporate profits up a slower 19% last year Reuters [WASHINGTON] The US economy slowed in the final three months of 2003 while new claims for jobless benefits rose slightly last week, the government said in separate reports
      Reuters  -  571 words
  • Page 2 Advertisements
    • Advertisement
      Lock icon Page 2 Advertisements Column 1
      113 2 Incorporation services in all major jurisdictions Global network of offices Ready-made companies available Management and administration services China business registration Accounting and trade support services Virtual office solutions Personal and corporate bank introductions TO ARRANGE A FREE CONSULTATION CONTACT: Simonne Toh T: +65 6535 3382 F: +65 6535 3991 E:
      113 words
    • Advertisement
      Lock icon Page 2 Advertisements Column 2
      402 2 Call toll-free 1800 289 8822 |^ta|^^jrtJces®sphxon^i^^ IN THE MATTER OF THE COMPANIES ACT (CAP. 50,1994 Ed) AND IN THE MATTER OF DIAMOND HILL HOLDINGS PTE LTD (IN LIQUIDATION) WINDING UP NO. 494 OF 1985 NOTICE OF CREDITORS' MEETING PURSUANT TO SECTION 268(3Kb) OF THE COMPANIES ACT, (CAP 50,1994 ED) NOTICE
      402 words
    • Advertisement
      Lock icon Page 2 Advertisements Column 3
      179 2 Correction IN the report, "Landlords still need to keep rentals competitive" (BT, March 25), we wrongly said that grade A office space was going at $4.55 psf a month, ending 11 straight months of falls. It should be 11 straight quarters. We are sorry for the error. Household items fors
      179 words
    • Advertisement
      Lock icon Page 2 Advertisements Column 4
      23 2 Copycats beware! ill w fIQW Protecting your patent? Call 1800 289 8822 or email notices@sph.com.sg to book your advertisement in our newspapers now.
      23 words
Page thumbnail Page 3
  • SINGAPORE companies
    • Article
      Lock icon Local banks may well have to merge to survive
      973 3  -  HOCK lock siew wong wei kong WHAT should one make of the recent flurry of overseas activity by Singapore banks? Not much, really. On its own, it all seems interesting enough. But there are not three, but four Singapore banking players
      973 words
    • Article, Illustration
      Lock icon Fibrechem glad to get second chance
      522 4  -  China-based textile fibre maker's chief doesn't blame anyone for last year's IPO fiasco By Serena Ng IN his first comments since Fibrechem Technologies' IPO launch was delayed last year, executive chairman James Zhang yesterday said he did not think the hiccup was anything out
      ARTHUR LEE  -  522 words
    • Article
      Lock icon GuocoLand close to buying condo site near NUS for about $58m
      510 4  -  By Kalpana Rashiwala QUEK Leng Chan's Singa-pore-listed property arm, GuocoLand, could be close to its first land purchase here in nearly five years. BT understands that the group is about to sign a deal to buy for about $58
      510 words
    • Article
      Lock icon S'pore banks target wealthy Asians
      373 4 Reuters ABOUT 70 wealthy Asians gathered in United Overseas Bank's private banking centre recently, but money did not figure in the discussions. Instead, the buzz was about traditional Chinese medicine and feng shui, the 4,000-year old art of geomancy. UOB uses talks by experts on
      Reuters  -  373 words
    • Article
      Lock icon UOB shifting to chip tech for credit cards
      326 4  -  $12m investment aimed at stopping counterfeiting By Siow Li Sen UNITED Overseas Bank (UOB) will invest $12 million to migrate its credit card business to chip technology from the magnetic stripe in a bid to wipe out counterfeiting. The investment will see
      326 words
    • Article
      Lock icon Citibank reaching out to middle income earners
      289 4 CITIBANK yesterday launched a new personalised campaign targeting the middle income group, in a bid to broaden its consumer banking reach. Called Citibanking, the money management service starting on Monday is aimed at those earning $4,000-$lO,OOO a month. Personal bankers assigned to customers
      289 words
    • Article
      Lock icon Tianjin Zhong Xin profit for 2003 dives 29%
      280 6  -  By Serena Ng HIT by higher costs amid a competitive environment, China-based Tianjin Zhong Xin Pharmaceutical Group suffered a 29 per cent fall in net profit for the year ended December 2003 to 83.4 million renminbi (Ssl7 million). Tianjin's results came after
      280 words
    • Article, Illustration
      Lock icon Bharti in bond sale to raise US$100m
      242 6 It needs funds to begin services in six new areas in India Bloomberg BHARTI Tele-Ventures Ltd, India's second-largest mobile phone company and an associated company of Singapore Telecommunications, plans to raise US$lOO million from the sale of foreign currency convertible bonds to fund
      Bloomberg  -  242 words
    • COMPANYBriefs
      • Article
        Lock icon NOL sells Orient Marine stake
        66 6 NEPTUNE Orient yesterday said it is selling its entire 72.5 per cent stake in Singapore-incorporated Orient Marine Pte Ltd to privately-held STH Logistics for around $2.83 million cash. NOL said the move is in line with its strategy of strengthening and focusing on its core
        66 words
      • Article
        Lock icon Sunright returns to profit for H1
        77 6 SEMICONDUCTOR chip-testing services provider Sunright yesterday said it returned to the black for the sue months to Jan 31 with net profit of $2.2 million, against a net loss of $3.4 million in the year-ago period. This was despite a 3 per cent fall
        77 words
      • Article
        Lock icon Ipco wins nod for ESA purchase
        122 6 INFRASTRUCTURE and investment group Ipco International yesterday received shareholders' approval for its acquisition of a 62.5 per cent stake in privately-held semiconductor services company ESA Electronics for around $19.7 million to be paid with $2 million cash plus 88.4 million new Ipco shares issued
        122 words
      • Article
        Lock icon Datacraft awarded US$lm Indon deal
        60 6 NETWORKING systems integrator Datacraft Asia said ithas been awarded a US$l million service contract from Telkom Multimedia, a division of full service network provider PT Telekomunikasi Indonesia, a long time customer of the group. Under the new service contract, Datacraft will provide Telkom Multimedia with
        60 words
  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      217 3 PERFECT START TO A PERFECT 10 10 DESIRABLE APARTMENTS FOR THE DISCERNING FEW H > i -,--i rr nil 'ffliiiM i i*w#vHnßp-' ■BP?,' I Hills Apartments freehold spacious 4+ study bedrooms 3,ooosqft modern facilities charming quiet surrounding contemporary design foreigners eligible Tel: (65) 6836 6635 6836 6650 46 GOLDHILL AVENUE
      217 words
Page thumbnail Page 4
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    43 4 UNIT TRUSTS FUNDS LEGEND: All prices are indicative; Broadly Diversified; I Narowly Focused; S Lower Risk;^ Low to Medium Risk: Medium to High Risk;** Higher Risk; open-ended; Before subdivision of units; After subdivision of units; SP after stock split; N.A. Non Dealing Day
    43 words
  • Page 4 Advertisements
    • Advertisement
      Lock icon Page 4 Advertisements Column 1
      722 4 THE THAI PRIME FUND LIMITED (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of The Thai Prime Fund Limited (the "Company") will be held on 26 April 2004 at Empress Room I, Carlton Hotel, 76 Bras Basah Road,
      722 words
    • Advertisement
      Lock icon Page 4 Advertisements Column 2
      5 4 Swiss Private Banking since 1841
      5 words
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      259 5 A memberof atogroupT Citibank Cathay Pacific Companion Offer -^SBI B "V:- Bte I I 1 JRIBjH •>*• I '11 ■p3 i., r .fi.,.4 I *$P 1 I il li m |PV' B i r NHL I H Hi ilt JHHHHiiHf// f lm Aw//' Ink *&m )"j& RV// /M B—l fl
      259 words
Page thumbnail Page 6
  • Article, Illustration
    Lock icon FINANCE
    1077 6 Tra risaction date: Ma r 25 UTERBAMK CROSS BATES A$ C$ Rmfa Euro HK$ Ind Bs Buplah Yen Won RM HZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound USS Australia 0.994 6.161 0.612 5.788 33.228 64.055 0.787 8.592 2.821 1.144 42.672 41.882 1.256 4.911 0.948 24.705 29.368
    1,077 words
  • Article
    Lock icon COMMODITIES
    1594 6 SICOM FUTURES Mar25 RUBBER Futures (Closing prices) RSS1 (5 cents/kg) dose Volume Open Mooth *N* Low Sett (tonnes) Interest Apr 04 226.00 May04 226.75 JW M 228.75 Jai/Sep 04 234.50 Oct/Dec 04 236.50 Jan/Mar 05 238.50 RSS 3 (US cwtsAg) Volume Open Month High Low Sett (tomes) Interest Apr
    1,594 words
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      99 7 (JJjl Service one of the many reasons why premier hotels use 002. Wm mm 9 \B m Vi 1 I s L I 1 a J| N 1 w k I v j> i I Ifff H 1 mt ly ll] <r Ail If 1H li ft L I ii
      99 words
Page thumbnail Page 8
  • SINGAPORE markets
    • Article, Illustration
      Lock icon BROKERS' TAKE
      467 8  -  Compiled by VEN SREENIVASAN China Aviation Oil March 25 dosing $2.41 CHINA Aviation Oil announced that it has entered into non-binding memoranda of understanding (MOUs) with Emirates National Oil Company (ENOC) on three agreements. These extend CAO's capabilities in the Middle East and also allow ENOC access into
      Source: Bloomberg  -  467 words
    • Article, Illustration
      Lock icon Ann Joo slowly creeping back into contention
      296 8  -  HOT STOCK WARRANT By R Sivanithy SO far this year, Malaysia is proving to be the region's best performer up 12 per cent since Jan 1 versus a 14 per cent loss for Thailand and a 3 per cent gain for Singapore. Following
      Source: Bloomberg  -  296 words
    • Article, Illustration
      Lock icon Are Singapore stocks 'cheap' now?
      582 8  -  BT comment STOCKS r. sivanithy IF you cut to the chase, the stock market boils down to a question of price. If prices are perceived to be low, more people will be inclined to buy and fewer inclined to sell. But if stocks are seen
      582 words
    • Article, Illustration
      Lock icon Euro tumbles on rate cut worries
      587 8  -  BT comment CURRENCIES Yen emerges with best gains once more larry wee THE euro was punished mercilessly overnight after the chief of the European Central Bank (ECB) fuelled market speculation that eurozone interest rates could be cut as early as next Thursday. In stark
      Source: Reuters  -  587 words
    • TRADES TO WATCH
      • Article
        Lock icon Startech Electronics ex-CEO cuts holding
        80 8 THE former chief executive officer of financiallytroubled Startech Electronics, Ng Chee Fatt, pared his stake in the Sesdaq company to 6.57 per cent from 9.94 per cent over March 24 and 25. He sold 2.33 million shares on March 24 and one million shares yesterday
        80 words
      • Article, Illustration
        Lock icon Nicky Tan exercises SingTel options
        55 8 HIGH-PROFILE accountant Nicky Tan (above), an independent director of Singapore Telecom, yesterday converted 60,000 options into Sing Tel shares at an exercise price of $1.42. Separately, one of SingTel's subsidiary directors, Tham Ai Chyn, yesterday exercised 35,000 options at $1.54 apiece. Shares of Sing Tel
        55 words
      • Article
        Lock icon ASJ director raises interest
        108 8 THE deemed interest of ASJ Holdings' non-execu-tive director Chia Soon Loi rose after Kingsward Investment bought 210,000 shares over March 23 and 24 from the open market. Of this, 140,000 shares were acquired on March 23 at an average price of 78.64 cents each, while 70,000
        108 words
      • Article
        Lock icon Aberdeen pares Courts stake further
        78 8  -  Compiled by SERENA NG FUND manager Aberdeen Asset Management Asia on March 24 reduced its deemed shareholding in furniture retailer Courts (Singapore) further to 7.62 per cent from 7.65 per cent, following a sale of 50,000 shares in the open market. Aberdeen has sold a
        78 words
    • Article, Illustration
      Lock icon Untitled
      138 8 OTHER SINGAPORE INDICES Mar 25 VALUE CLOSE BTM/PS -312.00 4-28.00 BTCADI -*****.00 -100.00 BT10-d«ym -*****.00 -31.00 Affl-SG Equities 494.58 -1.49 SC Eqdti—Ekct 174.85 ->-2.48 SG Equities Fin 1488.64 +0.35 SGEqaittM Prop 446.96 -5.46 SWSQ 222.04 -0.74 SMSCtFutwvs 222.20 -0.60 Clob Closing prices ar in trading currencies, but absolute difference is
      138 words
Page thumbnail Page 9
  • Page 9 Advertisements
    • Advertisement
      Lock icon Page 9 Advertisements Column 1
      127 9 i <ttsskh?y,.!Jmli, '%>&>&■ t&ifiii >"v V" '7 V"% We at Toyota know everything about great performances. Performance is everything to us. So naturally we know a good show when we see one, and it is with great pleasure that wt are able to share several inspiring musical acts through the
      127 words
Page thumbnail Page 10
  • PERSONALfinance
    • Article
      Lock icon Consistent performance is the key
      776 10  -  Unpredictable short-term volatile performance is detrimental to the asset allocation process, says Josopb Chong Joseph Chong THERE has been increasing acceptance of portfolio diversification in the past few years, as recent history has demonstrated that there is no such thing as a sure bet in
      776 words
  • Page 10 Advertisements
    • Advertisement
      Lock icon Page 10 Advertisements Column 1
      2130 10 NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordtoary General Meeting will be held at 31 Übi are hereby authorised pursuant to and in accordance with the Modified Scheme, to: Road 1 .Aztech Building. Singapore4ooB94 on 12April 2004 at 10.30 a.m. (oras soon thereafter following the conclusion
      2,130 words
    • Advertisement
      Lock icon Page 10 Advertisements Column 2
      412 10 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF L CRAFTERS PTE LTD (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the abovenamed Company duly converted and held at Jl. Ir. H. Juanda 3 No. 14A Jakarta *****. Indonesia on
      412 words
    • Advertisement
      Lock icon Page 10 Advertisements Column 3
      1833 10 NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of AZTECH SYSTEMS LTD be issued pursuant to the ESOS 2000 shall not exceed fifteen per cent (15%) of the will be held at 31 Übi Road 1. Aztech Building, Singapore *****4 on Monday, 12th April
      1,833 words
    • Advertisement
      Lock icon Page 10 Advertisements Column 4
      513 10 In the Matter of The Companies Act, Cap. SO And In the Matter of MARINE OIL TRADING COMPANY PRIVATE LIMITED (In Voluntary Liquidation) MEMBERS' VOLUNTARY WINDING-UP At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held on 23rd March 2004 the following resolutions were
      513 words
    • Advertisement
      Lock icon Page 10 Advertisements Column 5
      338 10 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF SIN CHI CHANG TRADING PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTKE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act Cap. 50, that the Final Meeting of the Members of
      338 words
Page thumbnail Page 11
  • Page 11 Advertisements
    • Advertisement
      Lock icon Page 11 Advertisements Column 1
      449 11 n. lit* tßfek. jrr s[ HP S» JfV IB Head of DaimlerChrysler Off-Highway and r er n *'f^ KJ| r rM vhhbt OTHr President CEO flfl|Cr €3feSß 6 ecutlve icer 0 MTU Friedrichshafen Established in 1974, MTU Asia Pte Ltd, a business Our warehouse is equipped with a comprehensive MTU
      449 words
Page thumbnail Page 12
  • Page 12 Advertisements
    • Advertisement
      Lock icon Page 12 Advertisements Column 1
      3951 12 Notices WPG INTERNATIONAL LIMITED (Incorporated in the Republic of Singapore) NOTICE OF 4TH ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 4th Annual General Meeting of the Company will be held at 53 Übi Road I, Singapore *****8 on 15 April 2004 at 10.00 a.m. to transact the following
      3,951 words
    • Advertisement
      Lock icon Page 12 Advertisements Column 2
      84 12 SUNG JIANG MANUFACTURING PTE LTD (Incorporated in the Republic of Singapore) (Members' Voluntary Liquidation) NOTICE QF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 (1) (2) of the Companies Act, Cap. 50, a Final Meeting of the abovenamed Company will be held at Blk 336 Smith Street
      84 words
Page thumbnail Page 13
  • SINGAPORE news
    • Article, Illustration
      Lock icon Wuxi park expanding, has plans for listing
      480 13  -  Wuxi govt will also set up S'pore centre to help its firms venture overseas By Loh Hui Yin WUXI-SINGAPORE Industrial Park (WSIP), which celebrates its 10th anniversary this year, is expanding and plans to go public in a few years. The municipal government
      FILE PHOTO  -  480 words
    • Article
      Lock icon CCT: an investment sale or not?
      556 13  -  Market divided over proposed listing of $1.8b CapitaLand trust By Vince Chong WILL it or will it not be considered an investment sale? The proposed listing of the $1.8 billion Capita Land Commercial Trust (CCT) in May has drawn different responses as to whether
      556 words
    • Article
      Lock icon Consumer confidence up only marginally
      341 13  -  EYEon the economy consumer confidence By Chen Huifen DESPITE optimistic projections of better growth ahead by the Singapore government and private economists, consumer confidence in the current quarter improved only marginally from that in Q4 last year, according to a survey by Saffron Hill Research.
      341 words
    • Article
      Lock icon Corporate tax rate does not give whole picture
      387 13 HE rate is lower, but other tax perks complement S'pore's: KPMG HONG Kong may have pipped Singapore by having a lower corporate tax rate but the city state's tax regime is complemented by other tax incentives, tax treaties and free trade agreements
      387 words
  • Page 13 Advertisements
    • Advertisement
      Lock icon Page 13 Advertisements Column 1
      54 13 Jm w SXI. The All In One. News Finance Video Trailers Up to the The latest ni^ e C a B| >K i' previewed in jjjf C"SgMI yoursXl fif P wEmail Video MMS Get new Record candid business w niovie clips to iiL IWBWKmi/?W jpJ"yv-V,- rrPRr Jf#? 4 »■—■■fiMi'trayiyff.f jr
      54 words
Page thumbnail Page 14
  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Brace yourself for the new technologies
      593 14  -  THE bottom line OPINION robert samuelson ALTHOUGH you may never have heard of VoIP, it's the wave of the future. With VoIP Voice over Internet Protocol you can use the Internet for phone calls. Just when the wave arrives is anyone's guess, but VoIP
      593 words
    • Article
      Lock icon IN OTHER WORDS
      152 14 Those entrusted with protecting you failed you. And I failed you. We tried hard, but that doesn't matter because we failed.' Richard Clarke former US counter-terrorism chief, on the events of Sept 11, 2001. 'I haven't really made up my mind but we want to take advantage
      152 words
    • Article
      Lock icon Opec must think of consumers
      606 14 EDITORIAL WITH oil prices at near 13-year highs, Opec can afford to hold consumer interests above its own when it meets next Wednesday. This would also be a wise longer-term strategy for the cartel. By freezing its decision to cut one million barrels from its
      606 words
    • Article, Illustration
      Lock icon When companies start talking Body Shop lingo
      1130 14  -  That's an indication that corporate social responsibility (CSR) has come of age thanks to globalisation and awareness that it's good business sense By Joseph Baladi CORPORATE social responsibility (CSR) is an increasingly bandied-about term. But like a lot of marketing principles or jargon,
      FILE PHOTO  -  1,130 words
    • Article
      Lock icon Misgivings about Tokyo's strategy
      816 14  -  COMMENTARY Its dollar-baying has gone on too long and deflation remains entrenched From Anthony Rowley in Tokyo ZEMBEI Mizuguchi, viceminister for international affairs at the Japanese Ministry of Finance, is a man of few words at least on the subject of the yen and it is
      816 words
Page thumbnail Page 15
  • REGIONAL news
    • NOTEBook
      • Article
        Lock icon More Japan firms eyeing Asean, India
        106 15 Oana/Xinhua [TOKYO] A growing number of Japanese corporations plan to expand operations in the Asean region and India, according to a poll by a Japanese official institution issued yesterday. The poll, conducted by the Japan External Trade Organisation (Jetro), found respondents planning to expand
        Oana/Xinhua  -  106 words
      • Article
        Lock icon Debate on Taiwan recount today
        82 15 Bloomberg [TAIPEI] Taiwan's lawmakers will discuss legislation today authorising a recount in a presidential election that almost evenly split voters and triggered five days of street demonstrations. Chances of passage remained unclear amid bickering between President Chen Shui-bian, who won the election by 30,000 of
        Bloomberg  -  82 words
      • Article
        Lock icon HSBC shuts equities biz in Thailand
        66 15 Reuters [HONG KONG] HSBC shut its equities business in Thailand yesterday, becoming the third global investment bank to scale back in the South-east Asian nation over the past year. Thailand's stock market was the world's top performer last year but financing deals for banks
        Reuters  -  66 words
      • Article
        Lock icon Special bonus for Indon civil servants
        86 15 AFP [JAKARTA] Indonesia's government said yesterday it would pay its civil servants a special bonus in June but the finance minister has denied the move is linked to the presidential election the following month. A finance ministry spokesman, Syamsul, said the one-month bonus would
        AFP  -  86 words
      • Article
        Lock icon Bakun bond awaits govt guarantee
        95 15 Reuters [KUALA LUMPUR] A RM3 billion (Ssl.3 billion) bond offering from Sarawak Hidro, manager of Malaysia's Bakun dam project, faces delay as the government's guarantee is not yet in place, sources said yesterday. Initially slated for the end of last year, the Bakun bond was
        Reuters  -  95 words
      • Article
        Lock icon Siam General to acquire Global Thai
        69 15 Reuters [BANGKOK] Thai leasing firm Siam General Factoring (SGF) said yesterday it will take over Global Thai Finance, formerly owned by Lehman Brothers, for 898.8 million baht (5538.4 million). The acquisition is part of its plan to expand its financial services and upgrade the
        Reuters  -  69 words
    • Article
      Lock icon US card firm cancels India call centre contract
      437 15 OUTSOURCING Capital One polls out after clients misled by unauthorised offers [MUMBAI/NEW YORK] Capital One has cancelled a deal with India's largest call centre after it emerged that Indian workers had misled the US credit card company's customers with unauthorised offers of
      437 words
    • Article, Illustration
      Lock icon Global telcos to move 5% of jobs overseas by 2008
      352 15 Reuters [CHICAGO] The global telecommunications industry will shift 275,000 jobs to such countries as India and China over the next four years in a move to cut costs and enhance services, according to a study released on Wednesday. By the
      Reuters; REUTERS  -  352 words
    • Article
      Lock icon Ringgit peg not 'substantially misaligned': IMF
      340 15 ■KUALA LUMPUR Reuters, Bloomberg MALAYSIA'S ringgit peg is not "substantially misaligned" despite the US dollar's fall, the International Monetary Fund (IMF) said yesterday, backing official and manufacturers' views supporting the peg. "Despite a sizeable depreciation in the last year and a half, the ringgit
      Reuters,; Bloomberg  -  340 words
  • Page 15 Advertisements
    • Advertisement
      Lock icon Page 15 Advertisements Column 1
      97 15 P- (da ORIGINAL Our two best arguments. Original and Glashutte. t 3 00 flB w% Since 1845 we have developed mechanical masterpieces in Glashiitte, calibre crafted in our manufacture from the tiniest screw to the complicated Jfjf. JL watch movement. With ultimate precision and attention to detail we create unique
      97 words
Page thumbnail Page 16
  • REGION world
    • Article, Illustration
      Lock icon Whither Australia's housing boom?
      811 16 SYDNEY Analysts say prices are holding up well, despite signs of a fall in some areas ALMOST everyone agrees the Australian housing market has become a bubble, but experts are divided as to whether it will burst, deflate slowly or stay inflated, a report in the
      REUTERS  -  811 words
    • Article
      Lock icon Japan's Feb trade surplus jumps 52%
      399 16  -  Bigger than expected gain boosts share prices; yen shoots up From Anthony Rowley in Tokyo JAPAN'S trade surplus soared by nearly 52 per cent in February to 1.4 trillion yen (5522.2 billion), underlining how heavily Japan's current economic recovery is being led by exports
      399 words
    • Article
      Lock icon Silicon Valley 2003 job losses put recovery at risk
      298 16 LOS ANGELES SILICON Valley shed far more jobs than originally feared last year and the area's ability to recover from the downturn may have been undermined by a shrinking labour force, according to a report released on Wednesday and reported by
      298 words
  • Article
    Lock icon STOCKS ASIA
    6 16 Transaction date: Mar 25
    6 words
Page thumbnail Page 17
  • Page 17 Advertisements
    • Advertisement
      Lock icon Page 17 Advertisements Column 1
      131 17 Congratulations to the winners of Singapore's most prestigious business awards Businessman of the Year Ron Sim, Founder and CEO, Osim International For his outstanding entrepreneurial drive and vision in building Osim's own label of healthy lifestyle products into a leading international brand name and aggressively expanding Osim I into a
      131 words
Page thumbnail Page 18
  • WORLD news
    • Article, Illustration
      Lock icon Shell, Libya sign energy deal
      484 18 LONDON Group leads race by western firms to cash in on oil-rich African nation AFP, AP, Reuters ROYAL Dutch/Shell Group announced yesterday it has signed a preliminary agreement with Libya to develop gas resources in the north African nation. A spokesman for British Prime Minister
      AFP,; AP,; Reuters; AP  -  484 words
    • Article
      Lock icon Metals on a roller-coaster ride on London exchange
      436 18  -  Market has become a babble, warn experienced dealers From Neil Behrmann in London TIN, copper and other base metal prices are gyrating wildly on the London Metal Exchange (LME). But except for tin which this week surged to its highest levels since
      436 words
    • Article, Illustration
      Lock icon EC move marks new era for software industry
      661 19 NEW YORK Impact of anti-trust ruling against M'soft may go way beyond the firm NYT THE impact of the European Commission's antitrust ruling against Microsoft on the future of the global software industry may well be greater than on the company's immediate
      NYT  -  661 words
    • Article
      Lock icon Decision worries US Justice Dept
      209 19 WASHINGTON It is unhappy about size of fine imposed on microsoft Reuters THE US Justice Department's antitrust chief said on Wednesday that the huge fine European regulators imposed on Microsoft Corp was "unfortunate" and other sanctions against the company could have "unintended consequences". While avoiding
      Reuters  -  209 words
  • Article
    Lock icon SGX MAINBOARD
    6 18 Transaction date: Mar 25
    6 words
  • Article
    Lock icon SGX XTRANET
    56 18 14«Q«M» Gl0» Oto CrTW <M MO> Lmm Cm* M» fl W# l— >— r» w JWC KK (fits Diamuncb UUQtO 21J0 ***** WB iSDtlrtiedt u\)>40tt) W»7 tSMSOSpor* UJ389 MO! kukoo WDM- HUB WD en VD«__ US1I200 t«B IM4 GJ6 SnfTMOO 1«» 15 4 1frtG 1837 (840 18S0 IfiO
    56 words
  • Article
    Lock icon SGX SESDAQ
    1836 18 V* Ba» Lift Ohm GrfN* Otv GftM IM Km Mi *7- (8881 W» 6— 8— j+m <V Wt >3 M *00 AWMyk 165 155 165 31J ,'J i'2 305 until 18 JOS 10.4 ».S 31 5 M9il OS 11 11 465 IftS H01 ASAulolfr 3D »0 5 10
    1,836 words
  • Article
    Lock icon CLOB INTERNATIONAL
    331 18 u M UM Vtf Oar IMIMI &0* IX* GrVM MM MCib t—*•<» n HI w fi mm t— —yr s*r cv n* m 100 MOO Avtemngi A25< AZ2) 1 21 224 223 223 224 40 M 45 85 480 6001 OtluyPacJOc M*T2C 365 2.1 1A 6 *****2 6003
    331 words
Page thumbnail Page 19
  • Article
    Lock icon KLSE
    5 19 Transaction date: Mar 25
    5 words
  • Article
    Lock icon SGX
    836 19 Transaction date: Mar 25 SOdim— m Qw O—» ttmkmmm W data CM—a AUgraanSOc OJB 1.070 -04)30 NOl 1JS 2.140 -0.010 BtLtnd US20C 03# 0 745 -0305 OCK 834 ***** CapitaLand 1-20 1.640 -0.010 Partway H 25c 0.57 1.130 *0.010 Chart SamiCond 26c 128 1.540 -0.010 Paopfe's Food HKSOc 0.48
    836 words
  • Article
    Lock icon BONDS & WARRANTS
    688 19 BONDS WARRANTS T«» LM Vol Com Exar Goor <**» (Mtmmy Sate *mr- COO*) totf» Prtto kg Lett 3698 AST1W*****1 AS 1 16 -3 1.45 3 3697 Aorta Ltd WD***** ,0.S V 1 50 573 15.00 8 3602 Amtek W*****0 100 1 33 4 1.28 15 3603 Armstrong W*****0 6.5 1
    688 words
  • Page 19 Advertisements
    • Advertisement
      Lock icon Page 19 Advertisements Column 1
      189 19 Earn up to p!a.* with a Citibank Premium Deposit. jF<- 'y Now available online. Only from Citibank. Citibank Premium Deposits give you higher interest rates than regular time deposits by pairing two currencies of your choice Choose from Singapore Dollar, Australian Dollar, US Dollar and other currencies Enjoy higher interest
      189 words
Page thumbnail Page 20
  • EXECUTIVELifestyle
    • Article, Illustration
      Lock icon A winning recipe?
      2107 20  -  Has the World Gourmet Summit succeeded in putting S'pore on the gastronomic map? JAIME EE looks at what the event has achieved after eight years JAIME EE IT started out as a pipe dream of sorts to turn Singapore into the gastronomic hub of Asia. To create
      2,107 words
  • Page 20 Advertisements
    • Advertisement
      Lock icon Page 20 Advertisements Column 1
      23 20 I A *jf -J 1 1 \A M^L I ■■■i^Hßifl Lm| IH "1. ll^W^ll w~ -^f->■ '%*?■??■'&;£■■M'^'--''o^^p^'wPM^r ■i^S^^S^^raSSH. j. WWF*. sw, m®** '•••^:*w.^f^|-
      23 words
    • Advertisement
      Lock icon Page 20 Advertisements Column 2
      39 20 An Exclusive SALE 26th to 28th March JalurtW. fewnao««r~ isetan scotts, event HALL, LEVEL 4 (A PRIVATE SALE EVENT AT ISETAN SCOTTS) Isetan SINGAPORE www. isetan. com. sg Isetan Scotts Tel: 6733 1111. Open daily 10.00 am 9.30 pm.
      39 words
Page thumbnail Page 21
  • COVER STORY/EPICURE
    • Article, Illustration
      Lock icon The chef's new clothes
      635 21  -  By Geoffrey Eu AFTER two years hidden away in the culinary hinterland of Toa Payoh, where he nevertheless catered to a constant stream of loyal admirers of his Cantonese cuisine, Master Chef Chan Chen Hei has hit the Central Business District with all grills blazing the
      635 words
  • Page 21 Advertisements
    • Advertisement
      Lock icon Page 21 Advertisements Column 1
      96 21 iHn^^ I Two wiQs&y*s I u milium MAiiPJu tram M E Mm '<F*-»»*P 9 9?mr W m W>mpfp m. 4p- 4^%?W W\^"- Sg •^t,:<|f[<&a»M> .4 m < *MLr *3ji3lBMla^—■ pi Jm^TV.* ■v' CTTT!rS||Vi^^^jfflPy B I v^r i^HatfKMHHPiK^^HMM h» CO For aIRI i l>nx hurt 1 fill in and mail or
      96 words
  • Page 21 Miscellaneous
    • Miscellaneous
      Lock icon Page 21 Miscellaneous Column 1
      304 21 CRYPTIC CROSSWORD ACROSS 4 jot first nine letters upside 1 Occasions sorceress uses au- down (4) tomatic device (4-6) 5 Abundant source of grain with 6 Not like shapeless mass (4) a coup I arranged (10) 9 Unmanageable car ferry to 7 A Parisian ruined what was wobble (10) natural
      304 words
Page thumbnail Page 22
  • CELEBRATE AUSTRALIA
    • Article, Illustration
      Lock icon Swayed by tire Cradle
      1218 22  -  JAIME EE enjoys the rustic and urban charms of Tasmania JAIME EE THE thing about Singaporeans and fireplaces is that they do not make good bedfellows. Firstly, we have no idea what to do with a fireplace. So, at the sight of all that firewood, we
      SAMUEL EE  -  1,218 words
  • Page 22 Advertisements
    • Advertisement
      Lock icon Page 22 Advertisements Column 1
      403 22 **>■ Naturally Treat yo</rrelf to all of L/fef please; a*d e*cUetf A<rftralia. Metker itV ;ippi*c. j» o r>e of A*;traliaV £W;t Return economy class airfare to and its breath-taking (celery or >rt a-d favo*rj*cj a» /*vj<jorati*<j fpa treatr»e*t, Qa*ta; Houelayf l*a; a of package; to every traveller a«d all of
      403 words
Page thumbnail Page 23
  • THE ARTS
    • Article, Illustration
      Lock icon Arts incubator in the making
      601 23  -  CHEAH UI-HOON checks out The Arts House's opening festival, which will see several collaborations with foreign groups CHEAH UI-HOON IF The Arts House at the Old Parliament House has a niche to fill, it's the fact that it wants to be a "hothouse" for local
      601 words
    • Article, Illustration
      Lock icon Out of character, out of laughs
      606 23  -  By Geoffrey Eu THERE'S nothing more excruciating than a primed-for-laughs audience that is reduced instead to stony silence by a highly-touted comic talent performing material that fails to connect unless of course it's watching members of that audience not rolling in the aisles, but
      606 words
  • Page 23 Advertisements
    • Advertisement
      Lock icon Page 23 Advertisements Column 1
      533 23 j&Sy Stma/aysia I proudly praaanta (Abridged) by Jess Winficid/ Adam Long Daniel Singer A uproariously funny show! 'A scream from start to finish... a terrific way to spend an evening* Striate, 23 Marcft 04 DBS Arts C«ntr« Mar 8 Sal 97 Mar 3 Fri 86 Mar 8 Sun 28 Mar
      533 words
    • Advertisement
      Lock icon Page 23 Advertisements Column 2
      155 23 ~1 MERITUS MANDARIN SINGAPORE T YOUR COSY HAVE N AWAITS Relax and unwind after a hectic day's work with a refreshing drink. Reservations: zzsn\n? 6831 6286 2nd floor MERITUS MANDARIN 'iV 333 Orchard Road, Singapore *****7. Tel: +65 6737 4411. Fax: +65 6732 2361. A COURTYARD Penang Hawker Fare 8
      155 words
Page thumbnail Page 24
  • Article, Illustration
    Lock icon Movements to die for
    1237 24  -  Making Time NG TJENG JAW looks at some new pieces to be offered at Geneva 2004 by Jaeger-Lecoultre and Girard-Perregaux NG TJENG JAW EACH year in April, legions of visitors flood the Swiss cities of Basle and Geneva to attend the two most important annual watch
    1,237 words
  • Page 24 Advertisements
    • Advertisement
      Lock icon Page 24 Advertisements Column 1
      39 24 SINCERE fine watches This series is brought to you by Sincere Fine Watches lIM 2M4 JUBILEE SINCERE WATCH SPECIALIST >k>> discover (Ik- ol nice h.mK.il timekeeping, onl\ at Siiki. iv line NXatchcs, 1 lie Watch Specialist. SINCERE fine watches
      39 words
Page thumbnail Page 25
  • SHIPPING TIMES
    • Article, Illustration
      Lock icon PSA eyes terminal at China's Nansha Port
      696 25  -  ASIA PACIFIC MARITIME 2004 It also plans major expansion at Dalian Container Terminal Reports By Beth Jinks [SINGAPORE] PSA Corporation is keen to invest and operate a fifth mainland China container terminal in Nansha, at the mouth of the booming Pearl River Delta
      BLOOMBERG FILE PHOTO  -  696 words
    • Article, Illustration
      Lock icon Radiation detectors
      66 25 [NEW JERSEY] Radiation isotope identifiers pictured at the Global Marine Terminal in Jersey City, which has become the United States'first seaport to use new radiation detectors that scan all incoming cargoes for nuclear or radiological weapons. US Customs and Border Protection Commissioner Robert C Bonner said similar devices
      AP  -  66 words
    • Article
      Lock icon China to overtake S Korea Japan as biggest shipbuilder: academic
      325 25 [SINGAPORE] China will overtake both South Korea and Japan as the world's biggest shipbuilding nation by 2015, leveraging its labour cost advantages and productivity improvements, but must cut manpower and reduce its reliance on foreign expertise, industry experts say. China's
      325 words
    • Article, Illustration
      Lock icon P&O Ports Canada plans US$98m expansion
      235 25 [VANCOUVER] P&O Ports Canada said it plans to invest Csl3o million (US$9B million) during the next 18 months, doubling the capacity of its Vancouver container terminal. P&O Ports, an arm of Peninsular and Oriental Steam Navigation Co of London, also said it signed a
      Bloomberg  -  235 words
    • Article, Illustration
      Lock icon Cosco Shipping expects profit to double this year
      286 25 It says purchase of 40 second-hand ships will save time and cut costs [SHANGHAI] Cosco Shipping Co, a unit of China's biggest shipping company, said profit this year may almost double after it acquires 40 second-hand vessels from its controlling shareholder for
      Bloomberg  -  286 words
    • Article
      Lock icon TRANSPORT STOCKS
      283 25 SGX '000 Mar 2S SS *1- Vol CH Offshore 0.36 unch 1813 Chuan Hip 0.52 0.01 1567 Cosco Investment 0.99 0.01 8156 CWT Distribution 0.54 -0.01 2 EzraHkJgs 1.08 -0.01 109 Freight Unks 0.12 -0.01 152 GB Holdings .0.71 unch 10 Java Holdings 0.89 0.04 ***** K1 Venture
      283 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      3 26
      3 words
    • Article, Illustration
      Lock icon Demise charter claim dismissed as a sham to avoid liability
      794 26  -  ADMIRALTY CASEBOOK By Selva Kumar THE High Court last month dismissed a claim by a shipowner that it had "demise chartered" two of its vessels, ruling that the alleged demise charter was nothing but a sham to avoid liability for
      ADAM LEE/ST  -  794 words
    • Article
      Lock icon SHIPPING GUIDE
      3 31 thebusinesstimes
      3 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        690 33 Vessel Voy No Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL BAYSWATER338 E4078 J3 A/SIDE 25/03 0230 HENGFU 117 J15/16 A/SIDE 25/03 0900 WIN GRAND 0402 J4 A/SIDE 25/03 2359 WINSTAR 7 24C4W J2 A/SIDE 25/03 0300 BAYSWATER228 E4079 J3 25/03 1830 26/03 0230 BTCHUPCHUP *****4 J1 25/03 1200 25/03
        690 words
      • Article
        Lock icon CONTAINER SCHEDULES
        2 33
        2 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        144 33 Apr 4 HK: Ching M Fest. South Korea: Arbor Day. Taiwan: Ching M Fest. Apr 0 Thailand: Chakri Memorial Day Apr 8 Norway: Maundy Thursday. Philippines: Maundy Thursday. Sweden: Maundy Thursday. Apr 9 Sweden: Good Friday. Singapore: Good Friday. Philippines: Day of Valor. Norway: Good Friday. NZ: Good
        144 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        818 33 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 averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the
        818 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        86 33 U/F-unfilterable This report is based on semples at analysed by DNV Petroleum Services and is an abstract from their more detailed fuel quality statistics which is mailed to participating shipowners. Key bunker ports have been grouped in geographical regions for brevity. Comparison has been made with
        86 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon SAS clinches deals with labour unions
        614 34 Airline says wage cuts to save US$200m a year by 2005 Bloomberg, Reuters [STOCKHOLM] SAS Group, the largest Nordic airline, said it reached agreements with its 39 labour unions that will help it save 1.5 billion kronor (US$2OO million) a year by 2005 in
        Bloomberg,; Reuters; AFP  -  614 words
      • Article
        Lock icon Alitalia adds routes as it charts path to profits
        397 34 Bloomberg [ROME] Alitalia, Italy's largest airline, will expand electronic-ticket sales and add planes and destinations later this month as the statecontrolled carrier seeks to win customers to return to profit. Alitalia will start serving 11 new cities, including Washington and New
        Bloomberg  -  397 words
      • Article, Illustration
        Lock icon After strike
        74 34 [PARANAGUA, Brazil] A parking lot is packed with soybean-loaded trucks that wait for unloading atParanagua port in Brazil on Wednesday. Operators and shipping agents are returning to work after shutting down Brazil's main grain port since last Friday. However, angry truckers who haul most of the soy to
        AP  -  74 words
      • Article
        Lock icon Loss to narrow 79% this year: Indian Airlines
        251 34 Bloomberg [NEW DELHI] Indian Airlines Ltd, the nation's biggest airline by fleet, said it expects its net loss to narrow by 79 per cent this fiscal year as economic growth boosts demand for air travel at home. The airline forecast a net
        Bloomberg  -  251 words
      • Article, Illustration
        Lock icon US Airways seeks pay cuts to ward off Southwest threat
        605 34 AP [NEW YORK] US Airways faces a threat to its survival from Southwest Airlines, soon to invade its Philadelphia hub, and needs to clinch a third round of labour contract concessions quickly, the airline's chief executive said. Speaking to employees
        AP; FILE PHOTO  -  605 words
      • Article
        Lock icon Tiger Air to lease four Airbus A320s
        194 34 Bloomberg [SINGAPORE] Tiger Airways, the low-cost carrier being started up by Singapore Airlines, will lease four new Airbus A 320 aircraft and take delivery of the planes in the second half of the year. The planes will seat 180 passengers, the company said.
        Bloomberg  -  194 words
      • Article
        Lock icon Japan's trains speed to punctuality record
        194 34 AFP [TOKYO] A regional operator of Japan's super-punc-tual bullet train service believes it has shattered the record for the shortest-ever annual delay, being late by only an average of 12 seconds or less over the past year. The average delay on all 160,000-odd bullet
        AFP  -  194 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        424 34 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:
        424 words
  • Page 25 Advertisements
    • Advertisement
      Lock icon Page 25 Advertisements Column 1
      229 25 ADMIRALTY CASEBOOK PAGE 2 Demise charter claim dismissed as a sham to avoid liability a99O9OOOOOOOBCOOCOOO9OOOOOOOOO9OOQCOOGOSOSa HOUND THE CLOCK HOUND THE WORLD SEHVICE HOUND THE CLOCK HOUND THE WOHLD SEKVJCE HOUND THE CLOCK UNDERWATER I SHIPCARE PTE LTD I (SINGAPORE) I The specialists in underwater ship maintenance Ifc SI SME Award
      229 words
Page thumbnail Page 26
  • Page 26 Advertisements
    • Advertisement
      Lock icon Page 26 Advertisements Column 1
      875 26 I TO USA/CANADA I EXPORT I I OTHER DESTINATIONS I VESSEL I VOY PUG LONG BEACHIDALiASI HOUSTON 1 MEMPHIS IORCAGOINEW YORK TO AUSTRALIA (AUSTRALIA ASIA EXPRESS) P&O MBXIOYD KOBE 38E13 23/03 24/03 09/04 14/04 17/04 15/04 15/04 18/04 VESSEL VOY ETA SIN KG FIE ME SYD MEI AM LOS AKGCLES
      875 words
    • Advertisement
      Lock icon Page 26 Advertisements Column 2
      579 26 XjggSK Lines services represented by r„ Members of the Registry of ,;r.V7S. c- l IfPl Accredited Shipping Agenb, >«9»» X°<," °S Singapore Shipping Allegation ssocio ion Young More 6 IHERS/ CONVENTIONAL CARGO flK* ran KLANG/SINGAPORE/JAKARTA t BANGKOK VOV ETAPKL ETA SIN CTAMALK Maid Star 546 18/03 20/1)3 28/1)3 Princess Lily
      579 words
Page thumbnail Page 27
  • Page 27 Advertisements
    • Advertisement
      Lock icon Page 27 Advertisements Column 1
      806 27 MOl Combines CT' ron 9 e shippwfl modes to ensure timely, reliable services covering major Nortti America, Europe, Japan, Asia, Africa Oceania. Also ettopt bdnhibifl Ceywi tot BUSAN KWANGYAN6 SHANGHAI YANTIAN XIAMBI /QMGMO BELAWAX JAKARTA SURABAYA KAOHSUHO BANGKOK/UiMqiAlAil6/HOCWMiW/PAaBGUDAIIG/PBIMI6/PORT KHAH6 For Schedules, BL Searches, and Container Tracking, click on our Home
      806 words
    • Advertisement
      Lock icon Page 27 Advertisements Column 2
      1724 27 ADDITIONAL NEW WEEKLY *ADX" SERVICE TO EAST MEDITERRANEAN ON EVERY FRIDAY WITH EFFECT FROM MING SKY V.OOOIW ETA SIN: 02/04/2004 AGOJTSJ« S*G£ORE: 16 RAFFLES OUAY #36-01 SAUS/RKGS TIL *****857/43 FAX: *****321/24 I CItITADTkBC TA KTAAINIII 1C Kivc COSTAR SHIPPING PTE LTD HONG UONG BUILDING OUTWARD (B/U *****802 *****325//S I SMGAPORi
      1,724 words
    • Advertisement
      Lock icon Page 27 Advertisements Column 3
      591 27 VESSEL VOT_ _Sl*_ iKT HKG KHH HOC ICYH PUS VESSEL VOY SIN JKT SUB HKG USN PUS INC HY VLADIVOSTOK 13* 31/3 3/4 7/4 9/4 12/4 14/4 14/4 KMTC JAKARTA 404s 28/3 31/3 1/4 6/4 10/4 11/4 13/4 HY PROWESS 076S 7/4 10/4 14/4 16/4 19/4 21/4 21/4 KMTC PUSAN
      591 words
Page thumbnail Page 28
  • Page 28 Advertisements
    • Advertisement
      Lock icon Page 28 Advertisements Column 1
      2584 28 WAN HAI INTERNATIONAL PTE LTD amo i 4******000/1 VTTr\ lififti MtlPl> TH:*****5M (HUMS) FAX:*****163 \\M\ WAN HAI lINFs ill flnll lIMI LIIILJ nam: IDS 3MIBSSFAL |03) *****2® UNTIL (04) *****00 FA* (04)2»tl« V IOH IE; (07) 2518*23 MX: (*****18V21 SUt HL (031) 3WJ47S FAX: (031) 3TC714/ *****05 www wankai mm
      2,584 words
    • Advertisement
      Lock icon Page 28 Advertisements Column 2
      657 28 BSfl x MYANMA HQ FIVE STAR LINE (Myonmar National Line) Loading for Yangon Vtssa VOY SIN PKL PIN PGU PAGAN 327W SU) HPA-AN 31 (W SID IN MALAYSIA: IOUSTEAD SHIPPING AGENCIES Kill: 03-*****300 PKL 03-*****101 PEN: 04-*****07 ACCEPTING CONVENTIONAL C6O VISSEI VOY HKG SIN PGU PKI KUC MARINE STAR 52
      657 words
Page thumbnail Page 29
  • Page 29 Advertisements
    • Advertisement
      Lock icon Page 29 Advertisements Column 1
      987 29 IRISL, 0® tbft'Jl] 3&? QiiptsfimOs Son Hipsjul) QQ W/&I]I] Q® (gmjsiiQtffaa to flfo® ihisQmi} jframft) Qdm&o AGENT IN SINGAPORE AGENT IN MALAYSIA AGENT IN INDONESIA SINOSE MARITIME PTE LTD BOUSTEAD SHIPPING AGENCIES SDN. BHD. PTSINOSE CONTI PERSADA TEL: *****144 FAX: *****181 KLANG TEL: 03-*****388 FAX: 03-*****660 TEL: 62-21-*****33 T*ZSZ!ES£ *****938
      987 words
    • Advertisement
      Lock icon Page 29 Advertisements Column 2
      539 29 ■MB UK CONTINENT SERVICE I Loading for I GLORIUS RTM/ATW/BMNAJK/NAN I Loads Singapore. EVW. Malaysia. Indonesia J MIDDLE-EAST SERVICE Loading for RAVENNA DBl/DBU/DOH/BRN/DMM/KWT REGAL STAR ADN/HDO/JDH I "Loads Singapore, E/W. Malaysia, Indonesia USA SERVICE 1 Loading for J STELIOS B C AM/NO L/SAV/TPC 1 NENA M CAM/NOL/NFK/SAV I 'Loads E7W.
      539 words
    • Advertisement
      Lock icon Page 29 Advertisements Column 3
      706 29 jrem m sm ?SL PAC I AND* LUSM 29/03 29/03 PACUNTAN 5%T PAC I AND* 1176N 30/83 30/03 iSffl UH M/M PACBANDA 1177N 31/03 01/04 PAf MmM "El? JJTTS £25 WIANDA nan &1/S4 92/04 AUMJATA 2 8891 11/ M H7S paoanda llzsm aim 04/04 PACBANOA 11»0N 05/04 05/04 "< »*NDA
      706 words
Page thumbnail Page 30
  • Page 30 Advertisements
    • Advertisement
      Lock icon Page 30 Advertisements Column 1
      654 30 HBBHsEANAVIGATOri72N2n7/^ MWffifll TIGER SKY 171N 28-29/03 03 04/04 10-11/04 1 TIGER SHARK 173N 31 31/03 07 08/04 1 3 14/04 TIGER PEARL 174N 05 05/04 10-11/04 17 18/04 ■■■■■SEANAVIGATOR 175N 07-08/04 14-15/04 21 22/04 1 SKY 176N 10-11/04 17-18/04 24-25/04 1 M9IV9RIH TIGER SPIRIT 084 03 04/04 10-12/04 20-21/04 ■jfjjy||Bj
      654 words
    • Advertisement
      Lock icon Page 30 Advertisements Column 2
      954 30 FREIGHT 3 UN ks EXPRESS PTE*LTD^ fjP Th 6 h 26 L nkS ExpreSS Lo 9 isticentre Singapore *****3 ATTRACTIVE lcl rates to these various destinations SURABAYA BANGALORE NEW DELHI SEMARANG MANILA CALCUTTA NHAVA SHEVA MADRAS PLS CALL FOR BOOKING 6267 4694/5535/5541/5508/5514/5551/5560/5563/5565/5569/5553 PROJECT £r HEAVY LI FT CARGO gfaRKWM (CONVENTIONAL
      954 words
    • Advertisement
      Lock icon Page 30 Advertisements Column 3
      1329 30 ft? PDZ LINES ,s ~.»!ssx» /t/fc SIHGAPORfc riTiOO S""TD iiwia» cowmmnii titvicis to maiaysia, muni, myawui am» yiinyy I I "nun ror n« raw. iron ror mm imsim mm mmm 4073 Tim_ _jO/oj_ WSfWG 4019 jg/M, _30/03 SAUWIHUBW! 4011 27/ M 0 2/04 I 40U_ _01/04_ _03/04_ GtSfNG _06/04_ G4HOCX
      1,329 words
    • Advertisement
      Lock icon Page 30 Advertisements Column 4
      192 30 BREAKBULK CONVENTIONAL SERVICE DIRECT SERVICE FROM S'PORE TO KARACHI IYKSa I VOTAGt ITA SINGAPORE ETA UUtACHIH KHAIRPUK I 015HW 25/03/04 06/04/04 ISAK6OOHA OISHW J7 75/04/04 014)3/05/04 SEA-PAC MANAGEMENT PTE. LTD. 70 Anson Rood *17-07/08 Apex Tower, Singapore *****5 Telephone: 6270 0977 Facsimile: 6275 2309 Telex: RS ***** SEAPAC DIRECT SIN
      192 words
Page thumbnail Page 31
Page thumbnail Page 32
Page thumbnail Page 33
  • Page 33 Miscellaneous
    • Miscellaneous
      Lock icon Page 33 Miscellaneous Column 1
      120 33 s REGIONAL WEATHER 8 FOR 7 AM 26 Mar 2004 MKM Issued by Meteorological Service Division,NEA LEGEND: Thunderstorm Wind speed symbols v Showers Full circle w/o line indicates calm or light and variable winds R a j n 1 One half fleche represents 5 knots Cloudy Day -One full fleche
      120 words
Page thumbnail Page 34
Page thumbnail Page 35
  • SINGAPORE BUSINESS AWARDS
    • Article, Illustration
      Lock icon REDEFINING SUCCESS
      516 35  -  By Daniel Buenas DAVID Rockefeller, former CEO of Chase Manhattan and grandson of the legendary John Rockefeller, once said that "success in business requires training and discipline and hard work. But if you're not frightened by these things, the opportunities are just as great today as they ever
      516 words
    • Article, Illustration
      Lock icon Hunger for success
      1939 38  -  BUSINESSMAN OF THE YEAR Hunger was literally the driving force of Osim founder Ron Sim in his childhood but these days, his appetite is for the growth of his business By Wong Wei Kong RON Sim never went to business school. But he has a first class
      CHRIS LOH; FILE PHOTO  -  1,939 words
    • Article, Illustration
      Lock icon Chief calling
      1475 40  -  OUTSTANDING CHIEF EXECUTIVE SingTel chief executive Lee Hsien Yang has silenced critics by turning the telco into one of Asia's best and a model Singapore company noted for its successful ventures overseas. But the journey hasn't always been easy, ANGELA TAN reports ANGELA TAN TWO years ago, investors
      CHRIS LOH  -  1,475 words
    • Article, Illustration
      Lock icon Hyflux gets into the flow
      1307 42  -  ENTERPRISE AWARD Hyflux is not just Olivia Lum's realisation of her long-time dream of going into business, it is also a means to alleviate environmental problems. She shares her vision of the company's direction By Serena Ng A SENSITIVITY to other people's needs, a keen
      PHOTO BY TERENCE TAN/ST  -  1,307 words
    • Article, Illustration
      Lock icon So you want to go global?
      1130 47  -  The world may beckon but few reap the rewards of profitable overseas growth, JAMES ROOT and CHARLES ORMISTON look at the key factors in some success stories JAMES ROOT, CHARLES ORMISTON COMPANIES have invested billions to expand abroad in recent years, yet only rarely
      AFP  -  1,130 words
    • Article, Illustration
      Lock icon Winning words
      982 48 The Singapore Business Awards are now into their 19th year, and there is a growing list of captains of industry who have made it to the list of past winners. This year we decided to get in touch with some of the recent winners and pose them two
      PHOTOS BY ARTHUR LEE, CHRIS LOH  -  982 words
    • Article
      Lock icon Gaining control through outsourcing
      1033 48  -  By CHONG CHUAN NEO IN the past, many companies used outsourcing to offload back-office functions to drive out cost or simply to get rid of a problem. That approach has changed dramatically. Today, executives in high-performance businesses use outsourcing as a powerful means of swiftly achieving
      1,033 words
    • Article
      Lock icon Test waters before plunging in
      779 50  -  Companies embarking on international expansion will do well to analyse potential markets thoroughly to avoid failure, SHARAD APTE and CAROL WINGARD elaborate SHARAD APTE, CAROL WINGARD WITH the recovery of the South and East Asian economies over the past two years, the liberalisation of China
      779 words
    • Article
      Lock icon The missing human link in business strategies
      629 50 ORGANISATIONS today are operating in some of the most volatile and unpredictable times ever. A look at the new millennium thus far would tell us that. We are only into our fourth year of the new century, but the world has already been
      629 words
    • Article, Illustration
      Lock icon Keeping your lead in the corporate race
      951 50  -  By PATRICK MEDLEY COMPANIES around the world are in a race that gets more difficult every year, with bigger, stronger and more innovative competitors. In addition, the rules of the race are constantly changing with globalisation, disruptive technologies, innovation and convergence of industries.
      REUTERS  -  951 words
  • Page 35 Advertisements
    • Advertisement
      Lock icon Page 35 Advertisements Column 1
      140 35 Coordinator: Qw, o! Editor: Frlasne Koh Sub-editor: Wong Hie/. Peng Artist: Gareth Chung Photographers: Aiihui Le<- One. I <-h Business M an of the y ear 2oo3 We Dream, We Create, We Build. Staying on the demands originality, creativity and osim HMNhfocw is about OSIM brings you the A. *"110
      140 words
Page thumbnail Page 36
  • Page 36 Advertisements
    • Advertisement
      Lock icon Page 36 Advertisements Column 1
      545 36 Business Man of the y ear 2()o3 A VISION THAT FOUND ITS PLACE IN THE GLOBAL MILIEU Prom a single shop trading in household goods in 1980 to a leading healthy lifestyle brand rj£*Wt*£ST'' *m. with more than 500 outlets in over 20 countries, OSIM is no miracle. Rather, it
      545 words
Page thumbnail Page 37
  • Page 37 Advertisements
    • Advertisement
      Lock icon Page 37 Advertisements Column 1
      730 37 Business Man of the y ear 2()o3 A be added to its already impressive global network to spread the concept of healthy living to more people around the world. More importantly, to let them experience the refreshing GIVING BACK TO THE COMMUNITY A fervent supporter of events promoting healthy living
      730 words
Page thumbnail Page 38
Page thumbnail Page 39
  • Page 39 Advertisements
    • Advertisement
      Lock icon Page 39 Advertisements Column 1
      84 39 (Zj lhxus is a registered trademark of Toyota Motor Corporation ASPIRATIONS CHANGE. BENCHMARKS EVOLVE. "v- '1u s y Ji Wk* f -V While our planet's history boasts a multitude of milestones in the conquest of science, adventure and the arts, few stand tribute to the spirit of engineering excellence. Indeed,
      84 words
Page thumbnail Page 40
Page thumbnail Page 41
  • Page 41 Advertisements
    • Advertisement
      Lock icon Page 41 Advertisements Column 1
      89 41 THERE'S A REASON WHY LEXUS IS THE BESTSELLING LUXURY CAR IN THE U.S. FOR THE FOURTH CONSECUTIVE YEAR. More than bhp, it's also about staying power. More than raw power, it took Lexus some relentless engineering research and refinement to eclipse seemingly invincible legends in a little over a decade.
      89 words
Page thumbnail Page 42
Page thumbnail Page 43
  • Page 43 Advertisements
    • Advertisement
      Lock icon Page 43 Advertisements Column 1
      126 43 "I never worry about action, only inaction." Winston Churchill Lee Hsien Yang. Outstanding CEO of the Year, Singapore Business Awards 2004. We are delighted that one of our own has been honoured for outstanding achievement. It is an award to be shared with the thousands of Sing Tel staff who
      126 words
Page thumbnail Page 44/45
Page thumbnail Page 46
  • Page 46 Advertisements
    • Advertisement
      Lock icon Page 46 Advertisements Column 1
      106 46 BEST IN CORPORATE GOVERNANCE BEST IN CORPORATE GOVERNANCE I (BY INDUSTRY) (BY COUNTRY) H Ist-SingTel SINGAPORE: Ist Sing Tel -Ife; H AIC PHILIPPINES: Ist Globe Telecom 2nd AIS THAILAND: 3rd -AIS Asiamoney, September 2003 The Asset, November 2003 H I l H9I Pi M flHHß^S^^"' M I H SIH p
      106 words
Page thumbnail Page 47
  • Page 47 Advertisements
    • Advertisement
      Lock icon Page 47 Advertisements Column 1
      32 47 E3' K Sin^el Congratulations To President CEO Mr Lee HP congratulates our valued customer, for being conferred the outstanding Chief i Executive Award by the Singapore y I Business Awards Committee. mk,
      32 words
Page thumbnail Page 48
Page thumbnail Page 49
  • Page 49 Advertisements
    • Advertisement
      Lock icon Page 49 Advertisements Column 1
      138 49 GE Commercial Finance Wrn m nn^ *w vv 9M9f *4 1 Your Choice Financing Partner With the right financial solutions, your business ideas and aspirations can become reality. At GE Commercial Finance, we help you to realise the true potential of your business, by building a strong financial foundation with
      138 words
Page thumbnail Page 50
Page thumbnail Page 51
  • Page 51 Advertisements
    • Advertisement
      Lock icon Page 51 Advertisements Column 1
      29 51 I By flux I I Vt t Xt;*-'?. -'d-^ -iv' I Creating Membrane Waves In An Ocean Of Possibilities *T# V jjfj Hyflux, a leader in advanced membrane technology,
      29 words
Page thumbnail Page 52
  • Page 52 Advertisements
    • Advertisement
      Lock icon Page 52 Advertisements Column 1
      234 52 f 0 +J w f -w V,, w Clearly A Winner *JL£L Hyflux's recent Enterprise Award (Singapore Business Awards 2003) *J; fl s a c ear reflection of entrepreneurial courage, innovative spirit and a far-sighted fl vision to be the best. The year 2003 had been a phenomenal one. Thanks
      234 words
Page thumbnail Page 53
  • Page 53 Advertisements
    • Advertisement
      Lock icon Page 53 Advertisements Column 1
      443 53 Powered By "I always like to think ahead of others. I don't like to play catch up." Ms Olivia Lum, Group CEO and President v. 1 ifSl I I I F#j iß;] f#l PI ii'fr V jv Asiamone/s Singapore's Best Small Company 2002 w Earned a place as one of
      443 words
Page thumbnail Page 54
  • Page 54 Advertisements
    • Advertisement
      Lock icon Page 54 Advertisements Column 1
      120 54 Byffux The sky is the limit. J With the directions we've set and with new blood in our management team, we are confident that Hyflux will continue to be a nimble, highly focused and leading enterprise. J7 Ms Olivia Lum, Group CEO and President V V v, v <:%v jjR?
      120 words