The Business Times, 10 May 2004

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Total Pages: 26
1 26 The Business Times
  • 14 1 MlTA^E^fl2^o3/2004 THE BUSINESS TIMES SINGAPORE MONDAY, MAY 10, 2004 I Internet: http://business-times.asia 1 .com.sg
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  • 875 1  -  Bank says a month's extension needed for adviser to evaluate offer and all other options By Loh Hui Yin, Serena Ng [SINGAPORE] Temasek Holdings, which has said it will give due consideration to United Overseas Bank's request to extend the offer for its United Overseas Land
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  • 64 1 Week Change STI 1843.72 +1.69 KLSECOMP 835.37 -2.84 NIKKEI 225 *****.82 -322.97 HANG SENG ..._..l 1910.76 -32.20 SET INDEX 636.80 -11.35 JAKARTA COMP ...743.63 -39.78 MANILA COMP ...1554.69 -0.32 TAIPEI WPI 6040.26 -77.55 SEOUL COMP 838.74 -24.10 SHENZHEN B Closed Al'ST ALL ORD 3401.20 -6.50 DOW JONES ,__*****.34 -108.23
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  • 71 1 FOREX RATES US$ S$ l'SS(SS perUSS) 1.694 £(1'SS/SS per 1.788 3.030 ErRO(lSS/SS/E). 1.204 2.040 YEN 110.6 65.30 RM 3.800 2.243 HKS 7.799 4.604 BAHT... 40.02 23.62 Rl'PIAH 8,743 5.161 RENMINBI 8.299 4.899 INDIAN Rl'PEE 44.72 26.40 AS 1.394 0.823 NZS 1.600 0.944 PRIME RATES SINGAPORE 5.25 MALAYSIA 6.00 HONGKONG
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  • 836 1  -  Wall St slides for 3rd week, with Dow at year's low From Andrew Marks in New York AMERICAN companies are turning in first quarter earnings reports that far exceed investors' high expectations, the US economy continues to post impressive growth and the labour
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  • 279 1 AP Reuters [BANGKOK] Thai Prime Minister Thaksin Shinawatra has bought a 30 per cent stake in English Premier League club Liverpool after Fulham spurned his advances late last year, Thai newspaper Thairath reported yesterday. It quoted Deputy Commerce Minister Pongsak Raktapongpaisarn as
    AP; Reuters; REUTERS  -  279 words
  • 804 1  -  BT exclusive BT-NUS survey also shows local firms ahead in profitability By Daniel Buenas [SINGAPORE] Singapore firms continue to remain upbeat over business prospects in the next six months, but there are signs that smaller firms are not benefiting as much as
    Source: NbS Consulting  -  804 words
  • Page 1 Advertisements
    • 93 1 8 II MH ~Jj HB| The hotel's contemporary new 335 Grand Deluxe Rooms feature 54 square metres of functional workspace and living HHB IK areas, completely separate from the privacy of the bedrooms n Conferences and meetings now have extraordinary new levels of connectivity, Singapore's only designated Cisco Powered Mobile
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    • 10 1 Lessons for S'pore market from Google IK) p g 3
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  • NEXT page
    • 433 2  -  New web-based matching system for potential business partners planned By Chen Huifen [SINGAPORE] This year's Global Entrepolis Singapore to be held from Oct 11-15, promises to be bigger and better, with more networking opportunities for delegates even before they arrive. There will be
      433 words
    • 647 2  -  BT exclusive By Loh Hui Yin [SINGAPORE] Three years of blood, sweat and tears in China are paying off for the Toe brothers of Singapore who own a boutique consultancy firm, Intelligent Corp Holdings (ICH). Two of ICH's investments in China, a
      FILE PHOTO  -  647 words
    • 600 2  -  Study cites fall in excess liquidity in US and China From Neil Behrmann in London FOREIGN portfolio flows into Asian markets will slide in 2004 from record levels in 2003 as global investors retreat from emerging markets. "Crossßorder Capital, a consulting firm that
      600 words
    • 892 2  -  The deal is value for money and what the utility must do now is to win over Australian public opinion By Tang Weng Fai SINGAPORE Power's recent Ass.l billion (556.2 billion) deal to buy over the Australian assets of US utility company Texas' Utilities Corp
      892 words
  • Page 2 Advertisements
    • 58 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:+6s 6535 3382 F:+6s 6535 3991 E: singapore@ocra.com.sg 24
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    • 168 2 Gone in 50 minutes in IB: $130,000 car (SPH The Straits Times: May 3, 2004) Facts: An average of 2 vehicles are stolen every hour in Malaysia. The number of Singapore cars stolen in Malaysia is increasing every year. It will only take a few minutes for a thief to
      168 words

  • SINGAPORE companies
    • 621 3  -  It plans to offer the S'pore company's services, especially to clients in Japan By Serena Ng JAPANESE group ARRK Corporation, which is eyeing a 51 per cent stake in Singapore's Avaplas, sees the Sesdaq-listed company's plastic injection moulding capabilities fitting in with jts plans
      FILE PHOTO  -  621 words
    • 875 3  -  HOCK lock siew r sivanithy YOU have to hand it to Google. As one of the icons of the Internet-driv-en New Economy, its decision to adopt a decidedly Old Economy approach to its widely-anticipated upcoming initial public offer (IPO) has upset stockbrokers everywhere and even drawn
      875 words
    • 742 4  -  BT exclusive Shipbuilder eyes oil and gas markets in the UAE, Saudi Arabia and Iran By Beth Jinks SINGAPORE shipbuilder and offshore marine support group Jaya Holdings plans to expand aggressively in the Middle East and is considering selling its
      FILE PHOTOS  -  742 words
    • 403 4  -  By Serena Ng LOSS-MAKING garment maker Heshe Holdings is selling its stake in a stalled data centre joint venture to listed construction group Sim Lian for $1.9 million cash. Sesdaq-listed Heshe said on Saturday it has agreed to sell its
      403 words
    • 345 4 THE Monetary Authority of Singapore (MAS) has issued regulations to banks in Singapore to freeze the assets, if any, of the former president of Liberia, Charles Taylor, who went into exile in Nigeria last year. The new regulations, which came into force last
      345 words
    • 1124 4  -  ISIDE MARKETS Though trading was low there were some interesting transactions, says ROBERT HALILI ROBERT HALILI DIRECTOR and substantial shareholder activity in the local market remained flat last week. Based on filings to the Singapore Exchange in the first week of May, a total
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    • 574 5  -  They widen their reach by relocating branches, setting up off-site ATMs By Joyce Koh FOREIGN banks may be hamstrung by the number of branches they can open here, but many still widen their reach successfully. While some have consolidated or relocated their existing branches,
      FILE PHOTO  -  574 words
    • 326 5 Reuters GLOBE Telecom Inc, the Philippines' second largest phone company, expects its net profit to grow 46 per cent this year, driven by strong mobile phone revenues. President Gerardo Ablaza said Globe, which has about 40 per cent of the
      Reuters  -  326 words
  • Page 3 Advertisements
    • 82 3 With more people in more places you can always count on our in-depth knowledge to deliver on time, every time, without wasting time. From now July, every DHL Express Asia Pacific gives you a chance of winning a pair of return flights to any Asia Pacific destination of your choice.
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  • Page 4 Advertisements

  • Page 5 Advertisements
    • 325 5 ■Kfifnpvm Call toll-free 1800 289 8822 IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE Companies Winding Up No. 43/2004/Z In the Matter of the Companies Act. Cap 50 and In the Matter of GUAN lEONG CONSTRUCTION PTE LTD (In Liquidation) (ROC no. *****4782 M) NOTICE OF MEETING OF CONTRIBUTORS
      325 words
    • 398 5 In The Matter Of The Companies Act. Cap. 50 And In The Matter Of ANCHOR DRILLING FLUIDS SINGAPORE PTE LTD (In Voluntary Liquidation) Members' Voluntary Winding Up At an Extraordinary General Meeting of the Members of the abovenamea Company duly convened and held at Level 13 Suite 13.2 West Wine.
      398 words
    • 159 5 A PERFECTLY PACKAGED WELCOME TO BEIJING Rates from USsl49* are Perfectly Packaged with breakfast and Mercedes-Benz airport transfers Indulge yourself in the luxury of Beijing's most centre location at the heart of Beijing and prepare to distinctive hotel and discover the magnificent blend of be embraced by unparalleled service. For
      159 words

  • Page 6 Advertisements
    • 650 6 Singapore's First Commercial Real Estate Investment Trust Cap/taCommercial Trust CCT starts trading* on the Singapore Exchange TOMORROW! j Today is the last day to buy Capita Land Limited (Capita Land) shares if you want to have an entitlement to Capita Commercial Trust (CCT) Units. Shareholders of Capita Land will receive
      650 words

  • SINGAPORE markets
    • 833 7  -  BT comment STOCKS r. sivanithy IF "decoupling" formed the basis of a large part of what transpired in the local market over the past year, then the issue to ponder in the weeks ahead is whether "recoupling" will soon take its place. In the US, this is
      Source: Bloomberg  -  833 words
    • 296 7  -  HOT STOCK WARRANT By Ven Sreenivasan CHINA stocks have been losing their shine in recent weeks on worries about a hard landing for the country's economy. Many China stocks and those with strong China links have been among the worst performers on the local bourse
      Source: Bloomberg  -  296 words
    • 111 7 Events investors can watch out for N«w Ustlng of Jlshan Hldgs, May 10 InnovaluM' Bonus Issuo, ex-date, May 27 Slngpu's dividend payment, May 10 ASJ's dividend payment, May 11 Auric Pac's dividend payment, May 11 Cosco Corp'* dividend payment, May 11 Creative Master's dividend payment, May 12 ECS
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    • 1030 8  -  BT portfolio STOCKS teh hooi ling THE broad market continued to languish as blue chips held steady last week. As a result, all but one of our portfolios lagged the Straits Times Index. Helped by some dividend payouts, the lowest price-to-book portfolio edged up 0.9 per
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  • Page 7 Advertisements
    • 354 7 -r» at, •>ssank> n °v-' ri jt £se®: u>>:: in^HHK^: 1 m %j&k m a. f r*'" %M ißk .-^B^J^HBBm\"^SiF Ip i a^Hy- k h I Lu J 'fIWBBt Hi Ji i.niiS^K,-" hhh i Vn iH 'Vgv §ft&f 41 THAI'S BUSINESS CLASS SPECIALS MAY 2004 JAKARTA HONGKONG CHENGDU GUANGZHOU KUNMING
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  • 1921 8 Payment El took] Pay l£Bl tl«« daw Aberdeen IQpence I UK2 19 May 24 May 23-Jun Action Asia 10c b 12Tt 13 May 18 May 31-May AgvaCorpUSI 8c F US0 73TA 07 May 12 May 21-May Allgfeen 50c F 350 29Apr 04 May 19 May Allied Tech 5c
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  • 1974 8 Number FORECAST Median Price The stock recommendation is the average of all the recom- company 0N f rtwr K Tar ffi mendations submitted by analysts following the stock. There CpMPANY Th* Week/Last Week Esbmates ft) (Ernes) ft is a total of 29 brokers submitting recommendations but not cSAHoWinos
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  • SINGAPORE news
    • 570 9  -  Regional demand for well-being and fitness services on the rise By Uma Shankari WHEN Clarins decided to open a beauty institute in Singapore in 1996, its aim was to make the Republic its headquarters for expanding into Asia. After all,
      FILE PHOTO  -  570 words
    • 253 9  -  EYE on the economy prices By Uma Shankari THE Singapore Manufactured Products Price Index (MPPI) excluding oil products fell 0.1 per cent year on year in March, figures released by the Department of Statistics show. But including oil products, the MPPI fell 0.8 per cent,
      Source: DOS  -  253 words
    • 323 9  -  By Raju Chellam THE government is inviting nominations for the second National Infocomm Awards (NIA), the highest industry accolade for infocomm innovation in Singapore. The first such awards were given in 2001. The awards will be given in two categories, with up to three winners
      323 words
    • 329 9 They will resonate with workers' desires: Eng Hen THE recommendations to be released by the National Wages Council (NWC) next week will be consistent with Singapore's economic performance over the past year, Acting Minister for Manpower Ng Eng Hen said yesterday. Speaking at
      329 words
  • Page 9 Advertisements
    • 343 9 X Sim of Gourmet n t A* u r m t Delicacies OS April 2004 30 May 2004 The annual Lei Garden "8-week Gourmet Extravaganza' will be held BONE SOUP $38 w WITH TIAN-MA" HERBS lof2p«ww W" \Hm GAROUPA S FIN BRAISED IN TRADITIONALSTYLE pwwrvtng $31' /Ofe DEEP SEA OIANT
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  • REGIONAL news
    • 469 10 JOHOR Move triggered by higher freight rates, proposal to raise port charges SEVERAL shipping lines which call at Johor port seem to be scurrying away from its waters as a result of higher freight rates and a proposal by the port to hike
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    • NOTEBook
      • 67 10 Bloomberg [BEIJING] China's banking regulator said it will tighten supervision of China Minsheng Banking Corp, Shanghai Pudong Development Bank and other commercial lenders to lower risks to depositors and investors. The watchdog will spell out what data China's "joint-stock" or shareholding banks must provide to
        Bloomberg  -  67 words
      • 72 10 AP AFP [JAKARTA] Former president Abdurrahman Wahid's political party will decide today whether to pick him as its presidential nominee, after Indonesia's chief justice reportedly refused to review a ruling that upheld health requirements for candidates, a spokesman said. Mr Abdurrahman, 63, has long been plagued with
        AP; AFP  -  72 words
      • 61 10 AP [TAIPEI] Taiwan today starts recounting the ballots in the March presidential election, bringing the island closer to resolving the dispute over th# vote that provoked weeks of street protests. President Chen Shui-bian won the March 20 election by just under 30,000 of the 13
        AP  -  61 words
    • 372 10 DUBAI Bernama MALAYSIAN tour operators and hoteliers can expect an influx of tourists from Arab countries this summer. Speaking to Bernama at the conclusion of the threeday Arabian Travel Market (ATM) exhibition, Syed Muhadzir Jamallulail, director of the Malaysia Tourism Promotion Board in
      Bernama; THE STAR  -  372 words
    • 701 10  -  BT comment KL STOCKS It's ready to drive the M'sian economy once more following massive restructuring eddie toh THE Malaysian private sector, which was crippled by the regional economic crisis six years ago, is set to play an even bigger role in the
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    • 453 11 AUSSIE-ASEAN FTAS Abdullah may visit Australia late this year or early next yean report [KUALA LUMPUR] Australia and Malaysia could possibly begin talks on a bilateral free-trade agreement similar to its FTAs with Singapore and Thailand, the Australian Financial Review reported. It said that
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    • 313 11 BANGKOK Both sides to discuss opening up service sectors THAILAND and Australia have agreed to expand their FTA talks to cover the services sector, including making it easier for Thai professional masseuses to work in Australia, The Nation reported over the weekend. After
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    • 376 11 BEIJING Retail sales and tourism up daring Labour Day golden week AFP CHINA'S four-year-old scheme to boost consumer spending by giving people longer holidays has proven successful during the just ended Labour Day holiday which saw tourism and spending rise significantly nationwide, state media said
      AFP; REUTERS  -  376 words
    • 220 11 HONG KONG Peninsula Shanghai signs deal with govt firm for site AP THE Hongkong and Shanghai Hotels Ltd said it will build a luxury Peninsula hotel in Shanghai, as the company returns to the city for the first time in half a
      AP  -  220 words
  • Page 10 Advertisements
    • 1795 10 fg IN THE MATTER OF THE COMPANIES ACT CAP 50 AND IN THE MATTER OF OUR DESIGN PTE LTD NOTICE OF RESOLUTIONS FOR MEMBERS' VOLUNTARY WINDING-UP (Pursuant to Section 290) At the Extraordinary General Meeting of the members of the above-named Company, duly convened and held at 100 Cecil Street
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    • 521 10 In the Matter of the Companies Act, Cap. SO And In the Matter of SYNERGY CONSTRUCTION PTE LTD (PROVISIONAL LIQUIDATORS APPOINTED) NOTICE OF MEETING TO CREDITORS NOTICE IS HEREBY GIVEN that pursuant to Section 296 of the Companies Act, Cap. 50, a meeting of creditors of Synergy Construction Pte Ltd
      521 words
    • 309 10 ASIA QUEST ASSOCIATES PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of Asia Quest Associates Pte Ltd held on 30 April 2004, the following special 'esolutions were duly passed:1. -That the Company be wound up voluntarily and that Mr Tan Gim Soo of Messrs G. S. Tan
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  • Page 11 Advertisements
    • 1810 11 Deutsche Bank El (Incorporated in Germany) Group Balance Sheet Group Income Statement Assets in m. 2003 2002 in m. 31.12.2003 31.12.2002 Interest revenues 27,583 35,781 Cash and due from banks 6,636 8,979 Interest expense 21,736 28,595 Interest-earning deposits with banks 14,649 25,691 Net interest revenues 5,847 7,186 Central bank funds
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  • REGIONAL world
    • 130 12 [CANBERRA] The outgoing chief executive of Australian telecoms group Optus yesterday ruled out joining rival Telstra Corp Ltd, which is hunting for a new chairman. Chris Anderson (right) was touted as a possible future chairman for state-controlled Telstra after announcing earlier this month
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    • 669 12 SINGAPORE India, China, Japan, Korea and Taiwan will be the most affected AP WITH crude oil prices reaching a 13-year high of US$4O a barrel, Asia's oil importing countries were bracing for the possibility of higher unemployment, inflation and curtailed growth as their
      AP; AFP  -  669 words
    • 237 12 SHANGHAI Reuters CHINA has opened a strategic fuel depot with storage capacity of 945,000 cubic metres in the energy-hungry southern province of Guangdong, state media said yesterday. The depot, believed to be the largest in the country, had opened for operations at Zhanjiang
      Reuters  -  237 words
    • 338 12 NEW YORK Company accuses Black of a pattern of racketeering Reuters HOLLINGER International on Friday accused ousted chief Conrad Black and others of a "pattern of racketeering" in a revised lawsuit over alleged financial wrongdoing, and said it would seek an additional
      Reuters; BLOOMBERG  -  338 words
  • Page 12 Advertisements
    • 114 12 jZjMm A.„ 1» _„J Diners Club Credit Card 6416 0980 Where to wine, dine and entertain... EE/ $5.80 Nett Per Item \E With FREE Choice of One Coffee/Tea/Soft Drinks or Chin Chow Oyako Don (Chicken Egg with Rice) Penang Fried Kway Teow Slice Fish Hor Fun Hainanese Mutton Stew Sauteed
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    • 1 12 g
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    • 30 12 Hi— operation hours 1200hrs to 1430hrs IBOOhrs to 2300hrs for dining reservation tel 6333 1788 email rangmahal@hind.com.sg The Pan Pacific Hotel Level 3 7 Raffles Boulevard Marina Square Singapore *****S
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    • 35 12 /ft i#c 4s li I J Spring Court 1 I The Oldest Chinese Restaurant in Singapore since 1929. 74 Anniversary Special PEKING DUCK Limited to one per table with min. order of $50 onwards. H
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    • 44 12 MERITUS MANDARIN SINGAPORE Senii-'Eitfy r Esap&m^ Semi-buffet Lunch: IOD 12.00 noon to 2.30 pm c*me Monday to Friday. HPS' $38+++ per person mZ 1 Revolving Reservations: 6831 6258/88 ""'".IT MEATUS MANDAMN 333 Orchard Road, Singapore *****7. Tel: +65 6737 4411. Fax: +65 6732 2361.
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  • WORLD news
    • 319 13 BOSTON Regulator examines payments from mutual fond firms, alleged research-banking conflicts Bloomberg WACHOVIA Corp, the fourth-biggest US bank, said it is being investigated for payments from mutual fund companies and alleged conflicts between stock research and investment banking. The bank, based in Charlotte, North Carolina,
      Bloomberg  -  319 words
    • 342 13 MOSCOW Reuters A BOMB blast tore through a packed stadium, killing Chechnya's Moscow-backed leader Akhmad Kadyrov and at least 13 others yesterday in an attack that dealt a blow to President Vladimir Putin's efforts to stamp out rebellion. The commander of Russian forces in
      Reuters; AP  -  342 words
    • 324 13 NEW YORK Company plans to fight IRS ruling to disallow deductions Reuters MERCK Co Inc said on Friday the Internal Revenue Service of the US could make it pay more than US$2 billion in taxes and penalties because of the agency's
      Reuters  -  324 words
    • WORLDWatch
      • 129 13 Reuters [LONDON] A string of US investment banks and private equity houses are looking at a possible £5 billion (5515.15 billion) bid for Britain's 3i Group Pic, the Sunday Express said, citing unnamed sources close to the group. Investment banks Goldman Sachs and Credit Suisse
        Reuters  -  129 words
      • 162 13 AP [GENEVA] An influential group of developing countries on Friday formally rejected a joint American and European plan for reducing import tariffs on agricultural goods as part of a global trade treaty. The so-called Group of 20, led by Brazil and India,
        AP  -  162 words
      • 149 13 Reuters [LISBON] Industrialist Antonio Champalimaud, one of the world's richest people and part of Portugal's old guard of wealthy families, has died aged 86, local media reported yesterday. Mr Champalimaud, known as "The Old Fox" for his skilful business dealings, died late on Saturday after a
        Reuters  -  149 words
      • 68 13 AFP [DUBAI] The US-based Forbes magazine has launched an Arabic-language version to appeal to entrepreneurs, investors and managers across the Middle East. The launch in May follows an "arrangement" between the private media company and DIT Publishing, part of Saudi Arabia's Dabbagh Group, for a print
        AFP  -  68 words
    • 305 14 GENEVA Regulators on track to meet mid-year guideline target Reuters TOP global regulators are preparing to put the finishing touches on a sweeping rewrite of bank safety rules known as Basel II when they meet this week to finalise
      Reuters  -  305 words
    • 185 14 LONDON Reuters BRITISH Prime Minister Tony Blair, dogged by speculation about his future, faced a call for his resignation yesterday by a senior member of his Labour Party. Lord David Puttnam, a Labour peer and personal friend of Mr Blair, said months
      Reuters  -  185 words
  • 974 13 FINANCE COMMODITIES Week ended: May 7 PRIME LEUPDffO RATES BANKS Credit Suisse S'pore 5 ABN Amro Bank NV 5.25 D< *ia Banque Intl A ABSA Bank Limited 5.5 Luxembourg 6 Agricultural Bank Of China 5.5 Deutsche Bank AG 5.5 ANZ Banking Group 6 DBS Bank 4.25 American Express Bank 5
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  • 1100 13 COMMODITY WeeklyRoundup AFP [LONDON] Concerns about the security of Middle East oil supplies and a feverish gasoline market in the US drove crude oil prices to a 13-year high of US$4O a barrel in New York last week. Gold prices
    AFP  -  1,100 words

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  • 6886 14 Week ended: May 7 52-Wk Td Last Vol Week Let Quot« GrtMv Mv GfYJd Nat MCap Wgh law Coda Company Sala W- COOP) Wgh Law Buyer Sa>ar Cvr Pft sjjjj 57.9 32.9 5834 A-Sonic -39.5 unch 637 40 39 39 39.5 5 N9.7 0.6 14 133.7 8 5300
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  • Page 14 Miscellaneous
    • 231 14 CRYPTIC CROSSWORD 29 Slip back into the gun room (6) 30 Poor mite not without regular diet to be altered (8) 26 An old soldier's cover-up (5) money, but powerless (8) 11 A single agreement, or more YESTERDAY'S SOLUTION 15 ADDroxtmate nrirp wm' Across: 1 Let off steam, 10 1
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  • Page 15 Advertisements
    • 105 15 Companies can nominate themselves for the 2004 Enterprise awards by completing the official nomination form. Companies must be home-grown, privately-owned and incorporated under Singapore's Companies Act (1994 A Revised Edition), with three years of audited statements. nifyl Nomination forms are available at: f Enterprise 50 Secretariat, c/o Accenture 250 North
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  • BizIT
    • 875 15  -  BT exclusive Harsh criticism of Microsoft is not the only reason the software giant is using some of its vast cash hoard to win friends and influence people, CFO John Connors tells Kenneth James Kenneth James HE'S Microsoft's US$5O billion man not chairman Bill Gates, whose equi-ty-based
      CHRIS LOH  -  875 words
    • 559 15  -  By Kenneth James WHEN Microsoft's John Connors was appointed CIO (chief information officer) in 1996 despite knowing nothing about IT, his company's geeks thought he was dead in the water. But he aced that challenge, and now has valuable pointers to offer execs running
      559 words
    • ON THE SHELF
      • 64 15 FUJI Xerox Singapore has launched its Copy Centre/WorkCentre Pro 90. a high-end multifunction printer for networked offices. The system incorporates printing, copying, scanning and e-mailing and can be integrated with third-party solutions. "At a speed of 90 pages per minute, the system receives, processes and
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      • 76 15 TALLY Solutions (Asia-Pacific) Pte Ltd has launched the server edition of its Tally ees6.3 to cater to the needs of distributed accounts and inventory for multi-location businesses. "TallyServer can synchronise data both ways, including alteration of source data which makes authorisations and workflows simple," said Tally's general manager
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      • 71 15 SALES of the $88 Xbox Live Starter Kit "flew off the shelves at a rate of three sets a minute on its Friday, April 30 launch, and were completely sold out by the end of the weekend," Microsoft said. "More than 10,000 people queued for
        71 words
      • 64 15  -  Compiled by Raju Chellam CHECK Point Software Technologies has announced Connectra, claiming it is "the industry's only Web security gateway that integrates comprehensive Web security protection with network connectivity." It can be used in existing networks and provides SSL VPN (secure socket layer virtual private networks)
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    • 633 16  -  BT exclusive By 2008, SMEs here will spend US$1.4b on IT, an annual growth of 4.5%. This will be above Hong Kong's, but below Malaysia's, researcher IDC tells Chellam Raju Chellam Singapore-based small and medium enterprises (SMEs) are set to spend
      Source: IDC Asia-Pacific  -  633 words
    • 253 16  -  By Tang Weng Fai FRENCH information technology (IT) services company Steria, which was awarded regional headquarters (RHQ) status by the Economic Development Board last week, has announced a commitment to triple its Singapore-based headcount and revenue by 2006. "This award marks an
      253 words
    • ITTAKES
      • 62 16 PACIFIC Internet has announced three senior appointments: Stephen Do. Kevin Lim and Johnny Quah. Mr Do will head PacNet's corporate business and tech functions, including voice. Mr Lim, currently head of group marketing, will also head the group's customer service function. Mr Quah will work with PacNet's
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      • 58 16 THE Land Transport Authority said it is revamping its motoring Internet portal, One.motoring. by integrating it with Traffic.Smart. The project has been won by Green Dot Internet Services. The new portal will be ready by mid-2004 and will be the largest one-stop online site for
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      • 76 16 SINGAPORE-BASED Frontier Force Technology has launched Star Solution with Nets (Network for Electronic Transfers Singapore) and Singapore Post. The solution can integrate back-office and front-end operations and accounting systems like AccPac and MYOB. Frontier Force will provide the application to power the e-commerce website. eNets Singapore
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      • 76 16 MOBILEONE has launched a music recognition service—called Point for its customers. You just need to dial 188* and point your handphone at the source of the music. "Point will search through its database of more than three million songs and send an SMS with the song's
        76 words
      • 28 16 THE 10th Annual Gartner Semiconductor Roadshow will be held on May 25 at the Four Seasons Hotel. For details, e-mail briefi ngs. asia (figartner. com.
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      • 32 16 AUTODESK Inc will showcase its latest design solutions, AutoCAD 2005, at an Autodesk Solution Day exposition on June 11 at Raffles City. For details, e-mail Trevor Pereira at trevorgp@ritz-group.com.
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      • 48 16  -  Compiled by Raju Chellam SINGAPORE-BASED Ecquaria Ltd said it has donated software, training and value-added services worth US$370,000 to Thailand's Software Industry Promotion Agency (Sipa). Ecquaria and Sipa will jointly guide the development of proof-of-concepts and provide resources and consultation for Thailand's e-government innovation.
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  • 849 15 Week ended: May 7 Stock nam* m Oo— Change Stod —mm Wt Omi O—f AllgreenTOc 0.31 1.020 +0.010 NOL 1.56 2.030 +0.040 BIL trrtl US20c 0.37 0.730 -0.005 OC8C 9.15 12.400 -0.200 CapitaLand 1.18 1.630 -0.010 Parkway H 25c 0.58 1.150 -0.010 Chart SemiCond 26c 1.19 1.440 -0.020 People
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  • 771 15 BONDS WARRANTS Tet Last Vol Com bar D« Code Company Sal* ♦of- COOP) Ratio Prk» tog laft 3779 ASL Marine Hldgs W*****1 15.5 0.5 122 1 53 34 3.29 47 3698 AST1W*****1 .40 8 110 1 16 1 40 1 3697 Acma Ltd W*****6 .0.5 unch 660 1 50 621
    771 words

  • 1589 16 SICOli FUTURES May 7 RUBBER Future* (Closing prices) RSS1 (S cents/kg) Close Volume Open Month Ht» Low Sett (tomes) Interest Jim 04 228.75 Jul 04 ***** Aug 04 229.75 Sep 04 228.75 Oct/Dec 04 229.00 Jan/Mar 05 232.00 RSS 3 (US cents/kg) Volume Open Month High low Sett (tonnes)
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  • SHIPPING TIMES
    • 312 17 ♦Contributed by Simpson Spence Young DRY CARGO: WHILE chartering rates have been under pressure, especially with the banking restrictions in China squeezing cash availability, a reversal in the downward trend in the rates for panamax bulkers has improved in the last few days. There has been an adjustment
      ♦Contributed by Simpson Spence & Young  -  312 words
    • 289 17 SGX '000 May 7 SS Vol CH Offshore 0.37 unch 1741 ChuanHup 0.50 0.01 583 Cosco Investment 0.76 -0.01 3570 CWT Distribution 0.50 -0.01 38 Ezra Hldgs 0.98 -0.01 207 Freight Links .0.11 0.01 321 GB Holdings 0.75 0.01 46 Jaya Holdings 0.78 unch 747 K1 Venture 0.28
      289 words
    • 588 17  -  Six attacks in Singapore Straits in first quarter raise concern By Beth Jinks [SINGAPORE] The Singapore Straits has become the world's latest piracy-prone waterway with a disturbing spike in attacks in the first quarter of 2004, the International Maritime Bureau's (1MB) Piracy Reporting
      588 words
    • 176 17 AFP [BEIJING] More than 70 people were injured when a passenger ship and an oil tanker collided in the Yangtze near Chongqing in south-west China, state media said yesterday. There were no dead or missing reported so far, the Xinhua news agency quoted
      AFP  -  176 words
    • 347 17 Q1 earnings at US$5m versus US$69m loss a year ago Reuters [AMSTERDAM] A budding recovery in container shipping rates helped Dutch shipper Royal P&O Nedlloyd to a first-quarter profit and the firm reiterated its forecast that the industry was set for more
      Reuters  -  347 words
    • 316 17 AFP [DUBAI] The Gulf emirate of Dubai has announced the setting up of Gulf Energy Maritime (GEM), a US$43O million shipping company and a joint venture with Abu Dhabi and Omani government firms. Government-owned Emirates National Oil Company (Enoc) holds 35 per cent of the
      AFP  -  316 words
    • 149 17 EL says third countries can only come in at request Bernama [SEPANG] Foreign Minister Syed Hamid Albar has reiterated that the responsibility for ensuring the peace and security of the Straits of Malacca rests with the littoral states. Malaysia was not denying that other countries
      Bernama  -  149 words
    • 648 18  -  LINER SCENE By David Hughes IT has been quite a fortnight for mixed signals in the box trades. One minute it appears that several shippers have sent the transpacific carriers away with a flea in their ear when they tried to push up rates.
      FILE PHOTO  -  648 words
    • 190 18 PAGE Alianca 3 AAL 5 Avant 6 Bank Line 4 B'tang Mas 5 BSA 4 BTL 6 Cargoways 6 CMACGM 3 COSCO 3 China Shpg 5 Confer 6 Crocodile Line ....4 CWT Globelink ...4 Delmas 4 Dongnama 3 EP Carriers 6 ECL 3 Eng Lee 6 ESP
      190 words
    • 12069 23 thebusinesstimes EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number 19/05 12/06 NYK COLUMBUS CHINA «2S 65-*****123 TO ABIDJAN (ABJ) 2003 Cote D'lVOire N/05 M/06 Alianca COLUMBUS CHINA «2W 65-*****161 17/05 27/06
      12,069 words
    • SHIPS IN PORT
      • 432 25 Vessel Voy No Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL CMAVERNET GA016E J16/17 A/SIDE 10/05 1600 DAXIN 028E J18/19 A/SIDE 10/05 0300 HEIAN 37 J7/8 A/SIDE 10/05 1500 BAYSWATER338 M4116 J3 10/05 0900 10/05 2359 BT BT JAY A *****4 J1 10/05 0900 10/05 2000 BTGEMINI *****4 J1 10/05
        432 words
      • 1774 25 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vessel Out In Bth Berthing Un- Berth Name Voy Voy seq berthing Nmbr ACX MAGNOLIA 077S 077S 1 1105/*****7:00 11 05/2004-2000 AO RAFFLES 090N 090N 1 11/05/2004-08:00 11/05/2004-22:00 AKIN AD A BR 11E 11E 1 13/05/2004-10:00 14/05/2004-02:00 AKSOY TRUVA 0411 0410 1 11/05/2004
        1,774 words
      • 138 25 May 17 Norway: National Day. May 20 Belgium: Ascension Day. France: Ascension Day. Germany: Ascension Day. Indonesia: Ascension Day. Netherlands: Ascension Day. Norway: Ascension Day. Sweden: Ascension Day. Switzerland: Ascension Day. May 24 Canada: Victoria Day. May 26 HK: Budha's Birthdy. S.Korea: Budha's Birthdyh. May 30 Germany: Whit
        138 words
      • 828 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
        828 words
      • 609 25 Cwtoa 180 M*s 989 7 0.6 W 9 006 38 0.04 IUf 6 0*«Utr *'t» r RnUuv AvkAluminium Sediment Ms above E25 0 0 0 0 0 0 380 Ave 986.6 DJ 117 0.05 26 0 02 low 380 Mai 994.4 07 (7.8 0«7 66 0.05
        609 words
    • AIR & LAND transport
      • 678 26 World's largest airliner may help Airbus lift revenue by half by 2010 Bloomberg [TOULOUSE, France] Airbus SA, the world's largest planemaker, expects total sales of its planned 555-seat A3BO airliner to exceed 1,000 planes over the model's lifetime, chief executive officer
        Bloomberg; AP  -  678 words
      • 422 26 AFP [TEHERAN] Teheran's new Imam Khomeini International Airport (IKIA) was shut down for "security reasons" on Saturday, hours after welcoming its first commercial flight. The military said it had allowed only one aircraft to land at the airport and
        AFP  -  422 words
      • 270 26 Reuters [SINGAPORE] Singapore Airlines Ltd (SIA) said yesterday that it was insured against the US$l5 million in damages it has been asked by a Los Angeles court to pay the children of a couple killed in a Taipei crash in 2000. Sidney
        Reuters  -  270 words
      • 138 26 Bloomberg [SYDNEY] Security officers will be deployed on some flights between Australia and the US, Australian Justice Minister Chris Ellison said. Australia has air marshals on domestic Qantas Airways and Virgin Blue Holdings flights. It also has marshals on selected flights
        Bloomberg  -  138 words
      • 401 26 Reuters [BERLIN] European aerospace group EADS is studying whether arch rival Boeing has received unfair subsidies to develop its new 7E7 aircraft in breach of a 1992 agreement, EADS co-chief said in an interview. On the eve of Berlin's international air show, EADS co-chief
        Reuters  -  401 words
      • 2182 26 CITY FLIGHT ETA FLIGHT ETD EKJ48 1650 $0428 2325 AdtMdt LH9771 1840 EK430 2005 S0230 1840 Frankfurt AC9951 0630 LH9765 1345 Aasttrtea S023 0605 GA974 0130 LH9762 0630 S0326 1345 GA975 0855 KL838 2255 *025 <*30 LH779 2305 KL837 1450 S024 2345 I-H778 1555 ****** 2305
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  • Page 17 Advertisements
    • 1 17 f
      1 words
    • 108 17 Sail around the worldwith I If Hartford is a leading education provider listed on the Singapore Exchange (SESDAQ) M \mmmm& NOTICE BY FEEDER OPERATORS RATE RESTORATION PASIR GUDANG EFFECTIVE 15 June 2004 With the continuing increase in operating costs, the following feeder operators wish to inform the trade that the
      108 words

  • Page 18 Advertisements
    • 864 18 1 TO USA/CANADA 1 1 EXPORT I 1 OTHER DESTINATIONS I [Vtssa TOT PKG LONGBEACH jPAUAS|HOUSTON MEMfHK jOBCACOj HEWTOW TO AUBTRALIA (AUSTRALIA ASIA EXPRESS) LOS ANGELES EXPRESS 05E20 11/D5 12/05 28/05 Ql/% 04/TI6 02/04 02/D6 05/06 yny "TuTsST PKG RE Ml SYD S5 AW PtO NEOUfIYO SOUTHAMPTON 42E21 IMS 19/05
      864 words
    • 575 18 Lines services represented by Members of t. fes,i*y ol I=s= f*< Shipping Singapore Shipping Association Association CONTAINERS/ CONVENTIONAL CARGO *0" "XT KtANG/SMGAPORE/iAKARTA IIANGKOK VOY ETA PKL ETA SIN ETA MALE SCTGI2S 11/05 21/05 Maid Star 548 12«5 15/05 25*05 LIU MARINE SERVICES SINGAPORE Chime KU4 7ZCf CttftttitM Fax: CXM7NC SCANCHART
      575 words

  • Page 19 Advertisements
    • 845 19 MOL Combines C a range of shipping modes lo ensure timely, reliable services covering major ports in Norm America, Europe, Japan, Asia, Africa Oceania. Abo ncctpt hrtrt-Asta Cargoes tr tUSAN KWAMGYANG SHANGHAI YANTIAN XIAMBI QMGOAO BfUWAN JAKARTA SURABAYA KAOHSIUHG BANGKOK lAHM CHAIAMG mKHWMH PASIR GUPAHG PDUHG PORT KEIANC For Schedules,
      845 words
    • 1681 19 ADDITIONAL NEW WEEKLY "ADX" SERVICE TO EAST MEDITERRANEAN ON EVERY FRIDAY WITH EFFECT FROM MING SKY V.OOOIW ETA SIN: 02/04/2004 GCNfMI AGCNTS M SINGAPONF: 16 KAFRfS QUAY #36-01 SAIIS/BKGS TIL *****057/43 FAX: *****321/24 I COSTAR SHIPPING PTE LTD HONGLtONGIUHMNG OUTWARD <B/d MTOSW 623*5325/75 I SINGAPORE TO ISTANBUL -IS DAYS Tnf«n6Tm(HUM)
      1,681 words
    • 636 19 Vtssa WY SM Ml HK6 KHHI IMC KYH PUS VESSEL VOY SIN JKtTsUB HKG USN PUS INC HY VLADIVOSTOK I4IS 12/5 15/5 19/5 21/5 24/5 26/5 24/5 KMTC KEELUNG 406S 16/5 1 9/5 20/5 25/5 29/5 30/5 1/4 HYftOGKESS 078S H/S 19/5 22/5 24/5 21/5 31/5 2/4 KMTC SINGAPORE 407S
      636 words

  • Page 20 Advertisements
    • 790 20 er%C| MAC ENOUIRIES/BOOKINOS: *****344 FAX: *****433 E-MAIL: (MmaaOlMmai.cofn.ig \JC kIVIMO DOCUMENTATIONS/OPERATIONS: *****637 FAX: *****177 MIMAS WIST mU UMKSS HPtfSS CONTMNB StXVKE TO SOUTH/WIST AFRICA jVISStI |VOY SIN REUNION LUANDA KMNTE NOIRE MATAN LIMEVIUE AIIDJAN TMU LOME TINCAN COTOHOU AFAPADOUALAONNE TAKORAM tzunn 004W TvoT 24/05 20/06 M/M 18/06 12/04 17/06 Goby
      790 words
    • 126 20 M-ffVE/=AS7~ PteUd 315 Outran Rood #07-08 Too Boom Uat Bofldtag Shgapore *****4 Tel: (65) 6223 7223 E-mail: coata<t@fcMfast.com Fax: (65) 6222 7838 Wobsito: www.liiwfast.com WEEKLY SINGAPORE BALIKPAPAN container conventional services AIR/SEA, DOOR TO DOOR cargo services to all INDONESIA ports In Charge: Juriin Evelyn Angie SPECIAL RATH FOR TIMBER/STEEL CARGOES
      126 words
    • 1557 20 WAN HAI INTERNATIONAL PTE LTD a NO: **********0/RI IrrrA m.i. T11:*****5M (14UNES) FAX:*****163 \\K|\\A/A|J UA I I lIJCC Gistoww Ssrvfa/looMags Dh*t Lite (1800) *****200 V V WW Mil 11MI LlllLj f*l TR: (03)334AMM HUt *****M2325S fB( It (04) *****00 MX: (04H2%1W JOMIH; (07) 251 W23fAX; (07U5ir21SU.il: (031) 12tS475«UL (011) 32*2714/
      1,557 words
    • 655 20 i BSA A. MYANMA FIVE STAR LINE (Mynnmar National Line) Loading for Yangon vtsstl VOY SIN PKI PEN PGU PAGAN 328W SU) HPA-AN 320W SlO SU) IN MALAYSIA: IOUSTEAD SHIPPING AGENCIES Kill: 03-*****300 PKL 03-*****101 PEN: 04-*****02 accepting CONVENTIONAL C6O VESSEL VOY HKG SIN PGU PKI KUC DAISY! 31 SU>
      655 words

  • Page 21 Advertisements
    • 1406 21 VESSEL VOY SIN PKL DXB BAB PMM BIK CHABAHAR jKHORRAMSHAHR IRAN HORMOZGAN PCL367 09/05 SKIP 18/05 19/05 26/05 28/05 30/05 02/06 IRAN SATTAR I PCLBO3I 15/05 16/05 25/05 26/05 02/06 04/06 06/06 08/06 IRAN SHAHRYAR PCLBO33 24/05 25/05 03/06 04/06 11/06 13/06 15/06 17/06 IRANKERMAN PCL37O 29/05 30/05 06/06 07/06
      1,406 words
    • 615 21 UK CONTINENT SERVICE Loading for ATERMON RTM/ATW/BMN/UK/NAN KEELUNG RTM/ATW/BMN/UK/NAN Loads Singapore, E7W. Malaysia, Indonesia MIDDLE-EAST SERVICE Loading for RAVENNA DBI/ABU/DO H/BRN/DMM/KWT VTC STAR DBI/ABU/DOH/BRN/DMM/KWT J FRIEND HDD/JDH/AQA J SAFE DBI/ABU/DO H/BRN/DMM/KWT Toads Singapore, E7W. Malaysia, Indonesia USA SERVICE Loading for SPLIT CAM/NOL/N FK/SAV/TPC FALCON TRAVELLER VCW/LAX/MZL "Loads E7W. Malaysia, Indonesia
      615 words
    • 756 21 WSSII yor SIN rg Ml PAC BANDA 1206N 11/05 11/05 PAC BINTAN 9247 n/05 11/ ii PACI AND* J2O7N 12/05 '3/05 MATARAM lIP 3fifiS 16/05 18/0S M »*MOA 1208N 13/05 14/05 AIAMJAYA 7 MSA lt/05 ~?9/M PAC BANDA ]jm 15/05 16/05 ALAMJAYA 2 8897 23/05 25/05 ~w panda mas um
      756 words

  • Page 22 Advertisements
    • 556 22 nmymi TIGER WAVE 186N 16 16/05 22 23/05 29 30/05 ■ttMilM TIGER PEARL 187N 18-19/05 26-27/05 01-02/06 Minx™ TIGER SKY 188N 22-23/05 29 30/05 05-06/06 I HHH TIGER SEA 189N 25-26/05 02-03/06 08-09/06 1 TIGER WAVE 190N 29-30/05 054)6/06 12-13/06 HfVHHVB DALIAN 647 12 13/05 19-21/05 30-31/05 I BUgUIIMXPRES LHOFSE
      556 words
    • 704 22 FREIGHT UNKS EXPRESS pte ltd* mmm Freight Links Express Logisticentre, Singapore *****3 Tel: *****51 1 Fax: *****577 LflH 7l E-mail: flesin@singnet.com.sg itiilWl ATTRACTIVE lcl rates to these various destinations d!s2l^Wy^f VALPARAISO MANZANILLO CALLAO NINGBO SANTIAGO MONTEVIDEO XIAMEN PANAMA CITY DALIAN QINGDAO PIS CALL FOR BOOKING 6267 VH^^ESIPVB 4694/5535/5541 /5508/5514/5551 /5560/5563/5565/5569/5553
      704 words
    • 203 22 HSW MNCON SMPPMG t> KUMNISERVICES PVEDIM it«in»id iniw j I voy 1 PS 1 m |wr Tna m MMMSM I fits 05/0S '2004 *K> 1954N 05/05/7004 MB WISH 1*575 04/05 2004 THU 1»57N WtefiM W IWIA toyOS/Sgj SAT IWMA b/OS/TOH SW gww Its*s M/05/JOO4 SUN Itt* 10/05/7004 HON GOUMSttf IftOS
      203 words
    • 1108 22 I\V V m 71 f). Spore AgwiK lAL ShiMiaf Ammy (S) P»« LH (CR NO: I6SM93OOOOZ] I Snierasia JLmes W: ltl s?sl mm ?n/Sc M«« IS/® 5 14/05 '*/®5 TKAD€ ETEMrTY NO2O 14/05 14/05 20/05 24/05 24/05 25/05 24/05 27/05 MOl rr»N(TY 5005 05/ OS M/M n}/n< IKX< 12«r 17/
      1,108 words
    • 168 22 BREAKBULK CONVENTIONAL SERVICE DIRECT SERVICE FROM S'PORE TO KARACHI Ivtssa I VOTAGt re SWGAWWt ETA KARACHI Oritrol w substitute P2OHW 05-10/06/04 15/06/04 M** SEA-PAC MANAGEMENT PTE. LTD. 70 Anson Rood #17-07/08 Apex Tower Singopore *****5 MU Telephone: 6270 0977 V II Focsimile: 6275 2309 XII Telex: RS ***** SEAPAC DIRECT
      168 words



  • Page 25 Miscellaneous
    • 129 25 S BFfiinMAl 3 FOR 7AM 10 May 2004 j" Tr -I Issued by Meteorological Service Division,NEA LEGEND: < Thunderstorm Wind speed symbols V 7 Showers O Fu circle w/o line indicates calm or light and variable winds R a i n One half fleche represents 5 knots Cloudy Day -One
      129 words