The Business Times, 29 July 2004

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

Total Pages: 28
1 28 The Business Times
  • 15 1 MITA (P) 023/03/2004 85C THE BUSINESS TIMES SINGAPORE Interne;: h-tn. ,'uusiness-times.asial.com.sg THURSDAY, JULY 29, 2004
    15 words
  • 507 1  -  BT exclusive DBS, ABN Amro and Citibank among those who have raised personal credit rates By Taila Krishnaknmar [SINGAPORE] Personal credit, a market worth billions of dollars, now costs more as banks raise their rates for the first time
    507 words
  • 601 1  -  BT exclusive They are recruiting up to 50% more on expectations of a surge in M&A work By Siow Li Sen [SINGAPORE] The Big Four accounting giants are back in the hiring market with a vengeance, taking in up to 50 per cent more
    Compiled by BT  -  601 words
  • 448 1  -  It also raises growth forecast for global trade to 8.6% By Anna Teo [SINGAPORE] World trade will grow 8.6 per cent this year as the global economy expands at its fastest pace in more than 20 years, according to
    448 words
  • 669 1  -  One of the DPMs should act for new PM when he's away By George Joseph [SINGAPORE] Outgoing Prime Minister Goh Chok Tong made it clear that while protocol-wise he would probably be the No 2 in the new
    DESMOND WEE  -  669 words
  • 77 1 Dsn 1,875.25 (+6.17) ST INDEX FUTURES 1,880.00 (+30.00) SIMSCI 227.52 (+0.78) SIMSCI FUTURES 228.00 (+0.50) Wednesday Change KLSE COMP 8.18.64 +2.49 NIKKEI 225 11.204.37 -172.83 HANG SENG *****27 +18.95 SET INDEX 634.73 +1.52 JAKARTA COMP 76(1.20 +0.92 MANILA COMP _1.583.41 +22.51 TAIPEI WPI 5,383.57 -15.04 SEOILCOMP 744.42 +5.91 SHENZHEN
    77 words
  • 75 1 FOREX RATES US$ 8$ ISS (SS per I'SS) 1.723 S(1'SS/SS per V) 1.823 3.141 ElRO(i:SS/SS/E). 1208 2.08I YEN 111.0 64.40 RM 3.800 2.205 HKS 7.800 4.527 BAHT 41.41 24.03 Rl'PlAH 9,105 5.284 RENMINBI 8.277 4.804 INDIAN Rl'PEE 46.37 26.91 AS 1.427 0.828 NZS 1.588 0.922 PRIME RATES SINGAPORE 5.25
    75 words
  • Page 1 Advertisements

  • NEXT page
    • 676 2  -  Weaker than expected retail numbers support this view From Anthony Rowley in Tokyo REPORTS yesterday of a sharper-than-expected drop in Japanese retail sales for June strengthened the view among some analysts that economic recovery may have passed its peak. Sales were down 2.9 per cent last
      REUTERS  -  676 words
    • 447 2  -  They are also hiring non-accounting graduates By Siow Li Sen [SINGAPORE] The Big Four accounting firms are looking forward to tapping Singapore Management University's maiden crop of accountancy graduates to provide the diversity they say is needed to meet increasingly complex
      447 words
    • 447 2  -  Difficult issues remain, though mood more positive By Ravi Kanth in Geneva SINGAPORE'S Trade and Industry Minister George Yeo yesterday said global trade liberalisation talks are still on a "knife's edge" but "inching forward painfully" towards an agreement. The 147 members of
      447 words
    • 428 2 LATEST US DATA AP, Reuters [WASHINGTON] After falling for two months, orders to US factories for big-ticket durable goods rose 0.7 per cent in June, the Commerce Department reported yesterday. The gain in orders for durable goods, items expected
      AP,; Reuters  -  428 words
  • Page 2 Advertisements
    • 195 2 I Global Business I Process Outsourcing 2004 V INSIGHTS INTO INDIA Outsourcing: Connecting the dots to the pot of gold Will Singapore and the rest of Asia ride the wave to tap the BPO benefits or flounder in the depths? r~~ Hoar from industry loaders: V, >, and Managing Country
      195 words
    • 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: SimonneToh T: +65 6535 3382 F: +65 6535 3991 E: singapore@ocra.com.sg
      58 words

  • Page 3 Advertisements
    • 131 3 l^ All signs say it's time to get a Mercedes-Benz. Specifications may vary from models shown. ma v ev mjm^wm ■K -jtczzbh *X n r /ri v |HKte.' I'VIMBBfri I IS B J tjMk ijfc W^F: The Mercedes-Benz Star Choice Programme. Be among the first 300 to book Programme which
      131 words

  • SINGAPORE companies
    • 684 4  -  It may dispose of $1.55b investment portfolio mainly of office assets; posts 18% jump in Q2 net By Andrea Tan KEPPEL Land, which said in January it was "still not the right time" for an office property trust, is relooking that as a mode
      ARTHUR LEE  -  684 words
    • 601 4  -  HOCK lock siew ven sreenivasan IMPROVING economic fundamentals and a recovery in sentiment has helped the Singapore stock market find its feet again. Although the bourse is looking a little tired at the moment, a rising tide of liquidity that swept in
      601 words
    • 556 4 But rising oil prices, competition from budget airlines set to slow earnings Reuters SINGAPORE Airlines Ltd, the world's second-largest carrier by market value, is set to return to profit in its first quarter, but earnings will slow on rising oil prices and
      Reuters  -  556 words
    • 504 5  -  It terms the tax issue a distraction and says it won't hit company's revamp efforts By Joyce Koh A HITCH over tax matters in China could deter Oculus Ltd from making more aggressive inroads into the market and push the colour lenses
      504 words
    • COMPANY Briefs
      • 77 5 ESMART Holdings has issued a profit warning ahead of its results for the half year ended June 30. The company said its exit from the highly competitive DVD business has caused a year-on-year fall in interim revenue and profit. Esmart also said it experienced production
        77 words
      • 87 5 SESDAQ-LISTED contractor Shining Corporation is selling its Builders Centre at Changi South for $18 million in a sale and lease-back deal. The book value of the property is $17.3 million. With its subsidiary Builders Centre, the company has entered into a put and call option
        87 words
      • 87 5 GOODWOOD Park Hotel has posted net profit of $220.5 million for the third quarter ended June 30, sharply higher than its $10.2 million profit in the same period a year ago. Revenue rose 35 per cent to $30.1 million. Goodwood's operating profit from investment activities
        87 words
      • 60 5 GKE International, which issued a profit warning in March, has posted a 65 per cent year-on-year decline in earnings to $762,000 for the full year ended May 31. Turnover for the metal logistics provider also dropped 12 per cent to $18.6 million. GKE declared
        60 words
    • 378 5  -  It posts US$4.6m earnings, sees flat revenue in Q3 By Tang Weng Fai ST Assembly Test Services (Stats) saw its shares punished yesterday as it missed analysts' estimates for a second time in six months, raking in net income of US$4.6 million for
      FILE PHOTO  -  378 words
  • 4424 4 UNIT TRUSTS FUNDS Commenbanfc Asset Mot Com Global Finance Index fa 0.936/ Com Global Lifestyle Index Fd 0.974/ ABN Amro Asset Mgt port) Com Global Health mdex fd 0.853/ Star Europe Eqty!* 0.719/ Com Global Telecom Index Fd 0.472/ Star Europe Bond 1 261 C om Global Wotec Index Fd!"
    4,424 words
  • Page 4 Advertisements

  • Page 5 Advertisements
    • 102 5 Our qualified professionals 4fc can assist you with offshore &WSl&rf- structures, shelf companies |g|||ifr- f r^Tißj and incorporations in ALL JQfIR jurisdictions including: British Virgin islands Cayman Islands Bahamas Mauritius Hongkong Samoa Full nominee, management, secretarial, banking and corporate administration services are available. We also specialize in offshore trusts for
      102 words
    • 73 5 Qi Service one of the many reasons why premier hotels use 002. a mc:* 1 I I ft IHf < i JL— HI If i —A—> ij —v |T. MiH jw I mm 9 Wl 1 J 4 H. B 111 v., I Hi 1 I II \y I m
      73 words

  • SINGAPORE markets
    • 704 6  -  Compiled by VEN SREENIVASAN FuYuCovp My 28 dosing: 93 cents FU Yu's Q204 results beat expectations. Management's guidance towards an even stronger performance in the coming months contrasts with the rather gloomy sentiment prevailing in the technology sector. This largely reflects its ability to grow its customer base
      704 words
    • 282 6  -  HOT STOCK WARRANT By Ven Sreenivasan NEPTUNE Orient Lines's (NOL) latest quarterly results go some way towards dispelling the notion that its recovery last year was just a one-year wonder. On Tuesday, the shipping giant reported second-quarter net profit of US$lB6
      Source: Bloomberg  -  282 words
    • 555 6  -  BT comment STOCKS r. sivanithy Despite the gains posted by the Straits Times Index (STI) in the past few days and the solid earnings released by such companies as Neptune Orient Lines (NOL), you'd be hardpressed to find a broker who is
      Source: Bloomberg  -  555 words
    • 615 6  -  BT comment How will more strong reports from US impact Sing dollar? CURRENCIES larry wee THE US dollar's comeback accelerated another very impressive notch after a stron-ger-than-expected July consumer confidence reading on Tuesday night boosted by the belief that more of such good numbers are
      Source: Reuters  -  615 words
    • TRADES TO WATCH
      • 58 6 ANDREW Chuang Siu Leung, an executive director of electronics group GP Industries Limited, acquired 130,000 shares through an exercise of options yesterday at 41 US cents apiece. The purchase raised his stake in the company from 0.008 per cent to 0.036 per cent. GP Industries
        58 words
      • 64 6 LIFEBRANDZ non-executive director Thomas Carlton Thompson the third, saw his deemed stake in the health and beauty products brand management company rise from 6.08 per cent to 6.26 per cent, or 38.3 million shares, on Tuesday following an open-market purchase of 1.1 million shares at 15.4
        64 words
      • 123 6 PRUDENTIAL Asset Management's shareholdings in newly listed Techcomp Holdings have been jumping up and down over the past two weeks and continue to do so. In its latest move, the fund manager sold 1.7 million shares on the open market on Tuesday after buying some
        123 words
      • 69 6 US mutual fund manager the Capital Group Companies' deemed interest in Singapore Post rose to 7.03 per cent from 6.24 per cent Wednesday last week after 15.1 million shares were bought on the open market at undisclosed prices. These purchases were effected through a series
        69 words
      • 56 6  -  Compiled by TAILA KRISHNAKUMAR,JOYCE KOH GP Batteries International executive vice-chair-man Richard Ku cut his direct stake in the company to 0.091 per cent from 0.12 per cent by selling 32,000 shares at $3.32 per share in the open market on Tuesday. The counter dropped two
        56 words
    • Article, Illustration
      419 6 OTHER SINGAPORE INDICES Jul 28 VALUE CLOSE BT OB/OS -462.00 +208.00 BTCADI -*****.00 +20.00 BTlMayMA -*****.00 -46.00 M-SG Equities _491.85_ +1.42 SG Equities Elect 154.36 +0.91 SG Equities Fin 1557.41 +2.72 SG Equities Prop 446.10 -1.28 SMMX 227.52 +0.78 SiMSCI Futures 228.00 +0.50 Stocks Volume GuangzhaoiFB 5c 31,822,000 NOL 25,620,000
      419 words

  • Page 7 Advertisements
    • 179 7 eSSfc-'T a* I it 'I^»*«£. -1 -/A v// T**W*^^*'' »>.> %_.yjwiw^L_ »~~*%!**%"^"Vjt^*-v t v fc*strtaJlHifiiiiHßHikL.l i ultim3"tg j sua q^p6ri6no6 £M|& T,-" BPn< wS *,>•;■> 1 5i'-'->tt- v -if 3*" i? 13»■• liaffi^fo^a&'fc'' V ft >T V '4 *f<J. •.< j, "S&Sfc hir^r^Y 5• -;M- V p. ;y < I
      179 words

  • BLUE chips
    • 1024 8  -  Strong results and a sound expansion strategy make it a brokers' favourite, says JOYCE KOH JOYCE KOH IT'S hard to find a decent growth stock these days and especially a China play that doesn't appear over-hyped or unsustainable. But shipping giant Cosco Corp
      FILE PHOTO  -  1,024 words
    • Article, Illustration
      29 8 Results summary Turnover ($m) 22.3 24.4 23.8 24.7 27.6 Net proltt ($m) 5.1 7.0 9.1 19.4 PBT margin 32.1 51.7 51.7 785 Source: Bloomberg, DBS Victors Securities
      29 words
  • Page 8 Advertisements
    • 1221 8 IHl3'»l'»FJlLand Keppel Land Limited Co Reg No: *****0001G (Incorporated in the Republic of Singapore) 1. UNAUDITED RESULTS FOR THE HALF YEAR ENDED 30 JUNE 2004 The Directors of Keppel Land Limited advise the following unaudited results of the Group for the half year ended 30 June 2004: Second Second Half
      1,221 words

  • SINGAPORE companies
    • 350 9  -  It had roaring sales of its poplar trees; plans to sell poplar timber next year By Daniel Buenas RECENTLY listed Guangzhao Industrial Forest Biotechnology Group has posted a 142 per cent rise in pro-forma net profit to 94.6 million renminbi (5519.7 million)
      350 words
    • 429 9 SBI E2-Capital Holdings, one of the most active corporate finance firms in Singapore in terms of taking companies public, yesterday reported a 176 per cent jump in net profit to $4.3 million for the six months ended June 30, from $1.6
      FILE PHOTO  -  429 words
  • Page 9 Advertisements
    • 148 9 Performance Wmi&SS Telephone^ System s R 8 s «p 2.4 GHz Digital Wireless PABX Value-added feature: Voicemail, (§> Wide coverage and strong vertical 3-way conference, Auto-attendant, penetration (up to 7 floors) instant text messaging between 2 2 way radio independent of base handsets High Scalability (up to 90 handsets) Secure
      148 words
    • 218 9 U USE l«t#t>6N'T lOSrlT; Relationship When it comes to breaking the ice, have you ever tried speaking Mandarin? guan xi t t ft- *V i l <, < y—' MANDARIN ;f| f- ?f.V> > ItK-jpi II »4 .--r > <-"*■> I THE MONETARY AUTHORITY OF SINGAPORE l Tenor Approximately 2
      218 words

  • EXECUTIVE suite
    • 875 10  -  A total of 13 bidders vied to manage 24 state sites on interim basis By Kalpana Rashiwala mis Singapore L,ana Authority's pilot tender seeking an agent to manage 24 vacant state sites on an interim basis attracted 13 bids that varied
      875 words
    • 338 10  -  By Daniel Buenas THE Singapore High Court yesterday approved the Scheme of Arrangement (SOA) settlement package that was lodged last month for troubled governmentlinked contractor Synergy Construction, even as three of its existing projects have been terminated by their owners.
      338 words
  • Page 10 Advertisements
    • 394 10 1| JOHN HANCOCK II TOWER ii Each floor 10,128 sq ft (approx.) Prime CBD location Tender closing date: 19th August 2004, Thursday at 3 pm Sole Marketing Agent Tan Ser Fong 6531 8565 Calvin Yeo 6531 8671 asssll 30,000 sq ft condo land Specialists in Conservation Bungalow Sales SJsa&ef CALL
      394 words

  • SINGAPORE news
    • 438 11  -  Three floors of CBD office block up for sale by Calyon and John Hancock By Andrea Tan AT least three floors at John Hancock Tower in Raffles Quay are up for sale as financial institutions merge and move out. Other floors are
      438 words
    • 194 11 Bloomberg [JAKARTA] Singapore's Changi Airport, South-east Asia's second-busiest, will handle 21 per cent more passengers this year as travel demand across Asia increases, Transport Minister Yeo Cheow Tong said. The number of passengers may reach 30 million, up from 24.7 million
      Bloomberg  -  194 words
    • 241 11 SINGAPORE companies must have credibility, target the right customers, tighten costs and build Chinese links to successfully enter China's retail logistics industry, said Ignatius Lim, consulting director at Global Business Insights (GBI). He was speaking to logistics companies' executives at a seminar yesterday
      241 words
    • 306 11  -  SPH sponsors first local contest for best in print ads By Christopher Hwang SINGAPORE Press Holdings is sponsoring the first local awards to recognise the best in print advertisements and raise awareness of creativity in the advertising industry. The Ink
      306 words
    • 234 11 SINGAPORE companies looking to expand overseas need to take advantage of as many financing sources as possible to stay competitive, but not many know how. A new book written by those who do know aims to change that. Launched yesterday, the book
      234 words
    • 523 11 EYE ON THE ECONOMY Reuters SINGAPORE'S economy is set to expand by 7.6 per cent in 2004, a full percentage point faster than analysts expected just two months ago and underpinned by exports of microchips and drugs, a Reuters poll shows. That tops the
      Reuters; AP  -  523 words
  • Page 11 Advertisements
    • 131 11 YTTI a It J A i n ?Presented g Diners Club Credit Card To apply, call: *****980 Where to wine, dine ana entertain... "MB iras^- a i,,wkg iT> e va_n_5i—i t p a t .i n ri o > r t o p p ;i n SUPRISlNGLV INDIAN op e
      131 words
    • 38 11 I it's favourites from Szechuan our a la carte buffet. Choose from over 40 dishes specially prepared for this pr°m°t'°ni RAFFLES MARINA 10 Tuns Wesi Drive *****04 Tel: 6861 8000 Fax 6861 1020 Email: ahoyfrafflesmarina.comsg Web Site www.rafllesinarina.coai.sg
      38 words
    • 126 11 ■Will Si fkiti Dou Hit IriUirut I"*'" it Fill) t•■kl I Piquant Si Chuan Flavours Available daily for lunch dinner Dine in splendour and feasting on our 60 Dishes Deluxe Feast, an a la carte buffet menu featuring superb Sichuan and Cantonese delights. Experience too the art of tea serving
      126 words
    • 213 11 K list r.*u.rZ WKsn w Customer If they were to speak to you in Mandarin, would you reply in Mandarin as well? V» i MANDARIN "pFI f-Vi vAf*.mandarirv<3rg.Sg tLKijgJ Taste Rn« Wine Merchant's First Ever WINE SALE First ever Bin-End Sale by home-grown, top quality Wine Merchant in Singapore. Offering
      213 words
    • 42 11 THE NEPTUNE COUTH Q. U A Y DIANXIN AT THE NEPTUNE Enjoy excellent lunch and dian xin served on trolleys. Reservations: 6224 3203 CotylOuty Managed by Meritus Mandarin Singapore 7th Floor, Overseas Union House, Collyer Quay Singapore *****1 Tel: +65 6224 3922
      42 words

  • EDITORIAL & opinion
    • 585 12 EDITORIAL LIKE a giant jig-saw puzzle, Singapore has slowly but surely put in place a network of bilateral trade agreements with its major economic partners the United States, Japan, Australia and New Zealand. Singapore is also working on similar pacts with other emerging economies, such as
      585 words
    • 42 12 The public perceive Yudhoyono as more capable, firm and intelligent. These personality traits will likely be the main considerations for voters in choosing the president.' The Indonesian Survey Institute which questioned 1,200 respondents, on the main contenders for the Indonesian presidential election
      42 words
    • 1793 12  -  The new leadership is one that Singapore can work with and this is a good time for both sides to increase cooperation Reports by Quak Hiang Whai REPRESENTATIVES from the foreign media and think tanks visiting under the Institute of Strategic and International Studies Malaysia
      AFP  -  1,793 words
    • 436 12 IS the unassuming and softspoken Prime Minister Abdullah Ahmad Badawi his own man? After all, he has taken over from a charismatic leader who put Malaysia on the global map in the past 22 years with his outspoken views on world affairs including controversial
      436 words
  • Page 12 Miscellaneous
    • 200 12 CRYPTIC CROSSWORD 24 Wrestling, whole ring needed iTH"" 26 A home *T| ——PI—PP—W—W— gave skirt (4) 29 Grasp where one should of delegates going round YESTERDAY'S SOLUTION keep dry at the match (10) lake (10) Across: 1 Redresser, 9 ExamDOWN 11 ,ncisors lass m '9 ht use for ine, 10
      200 words

  • REGIONAL news
    • 546 13 NEW BLOOD PM Abdullah's son-in-law to help win more business, challenge CIMB Bloomberg, Reuters [KUALA LUMPUR] ECM Libra Bhd, Malaysia's fourthlargest investment bank by market share, hired the son-in-law of Prime Minister Abdullah Ahmad Badawi to help challenge CIMB Bhd and win more business
      Bloomberg,; Reuters; FILE PHOTO  -  546 words
    • 286 13 BANGKOK Tougher to tap foreign investment for project, it says THE Thai government will find it more difficult to tap foreign investment for its proposed strategic land bridge in the south after a study suggested that oil transportation on the route
      286 words
    • 315 13 Bloomberg [KUALA LUMPUR] Tenaga Nasional Bhd, Malaysia's biggest power producer, will keep cutting costs and chasing unpaid bills to boost profitability, its new chief executive officer said. "I'm a debt collector now," Che Khalib Mohamad Noh said after announcing third-quarter results.
      Bloomberg  -  315 words
    • 557 14 HONG KONG They lag rise in home prices, and signal economy, jobs are on the mend Reuters HONG Kong housing rents have finally turned the corner and are picking up, a clear indication that the economy's recovery is well under way, analysts
      Reuters  -  557 words
    • 129 14 HONG KONG Bloomberg HONG KONG home prices may rise a fifth next year as an economic rebound and a recovery in the property market fuels sales, according to projections by Cheung Kong Holdings, Hong Kong's second-biggest developer by market value. "Even before
      Bloomberg  -  129 words
    • 261 14 BEIJING AFP CHINESE energy giant CNOOC Group is to build a 12 million ton-per-year oil refinery in southern China with investment totalling 16 biUion yuan (553.3 billion), the company confirmed yesterday. "The project has been approved by the State Council (China's
      AFP  -  261 words
  • Page 13 Advertisements

  • Article, Illustration
    1135 14 Transaction date: Jul 28 mmumujimimwinimnimmmi mm mmmmmmm mmmmmmmm mmmmnhm INTERBANK CROSS RATES A$ C$ Rmb Euro HK$ Ind Rs Rupiah Ytn Won RM HZ$ P»K Rs Peso 5$ Band Sfr NTS Baht Pound USS Australia 0.935 5.801 0.580 5.467 32.501 63.817 0.778 8.181 2.663 1.113 40.898 39.240 1.208 4.407
    1,135 words
  • 1628 14 8IC0M FUTURES Jul 28 RUBBER Futures (Closing prices) RSS 1 <s cents/kg) Ctose Volume Opt« Month Hlqli Low Sett (tonnes) Interest W aiio SepM 214.25 Oct 04 2*25 "o* 04 SHII Dec 04 2W.75 Jan/Mar 05 211.25 RSS 3 (US cents/kg) /1 Vote T i P^ Month High low
    1,628 words

  • WORLD news
    • 514 15 LONDON Move likely to hasten collapse of Russian oil giant Reuters, Bloomberg OIL prices rose to fresh 21year highs yesterday after bailiffs ordered beleaguered Russian oil giant Yukos to stop sales a move likely to hasten its collapse. The news
      Reuters,; Bloomberg; Source: Bloomberg  -  514 words
    • WORLD Watch
      • 79 15 Reuters [NEW YORK] Citigroup Inc, Goldman Sachs Group Inc and two other Wall Street brokerage firms will pay a total of US$2O million to settle allegations they treated corporate bond investors unfairly, the Wall Street Journal said yesterday. The four firms, which include
        Reuters  -  79 words
      • 63 15 Bloomberg [NEW YORK] Time Warner Inc, the world's largest media company, said second-quarter net income fell 27 per cent from a year earlier, when it had gains from a legal settlement and asset sales. The company's revenue rose on higher sales at its cable-television channels
        Bloomberg  -  63 words
      • 76 15 Bloomberg [SYDNEY] Australian stocK axcnange l.ici s second-half profit rose 52 per cent, boosted by a surge in initial public offerings and an increase in trading volume. Net income for the six months ended June 30 increased to A 540.2 million (5548.2 million) from
        Bloomberg  -  76 words
      • 89 15 Reuters [MELBOURNE] Australian property trust Macquarie Office Trust made an AsBs6 million ($599 million) friendly bid yesterday to buy Principal America Office Trust, accelerating its push into the US market. Office Trust last year bought 80 per cent stakes in two office towers in
        Reuters  -  89 words
    • 438 17 SAN JOSE, California Prospect of such sadden wealth could lead to problems for management AP GOOGLE Inc's initial public stock offering next month will instantly transform hundreds of Silicon Valley workers into millionaires, at least on paper. The company has doled out stock
      AP  -  438 words
    • 240 17 NEW YORK Bloomberg YAHOO! Inc is demanding a larger stake in Google Inc, the most-used Web search engine, in a dispute over a 2000 contract under which Google's technology was featured on Yahoo's home page. Google said in a filing with
      Bloomberg  -  240 words
    • 524 18 LONDON Shareholders also call for mass resignations and more transparency Reuters INVESTORS in Vodafone Group on Tuesday hit out at the board of the mobile phone company for failing to improve its share price while continuing to collect huge salaries and bonuses.
      Reuters; Source: Bloomberg  -  524 words
    • 349 18 NEW YORK They're accused of inflating profit with fictitious rebates Reuters US PROSECUTORS unveiled securities fraud charges against four former executives of US Foodservice on Tuesday, accusing them of orchestrating an accounting scandal that battered the food distributor and its
      Reuters  -  349 words
  • Page 15 Advertisements
    • 187 15 International Lecture 2004 ltt|ooo^MM| B ;< Every year, Raffles International brings you a world-class event that is truly memorable. This year marks another distinction the Raffles International Lecture 2004 Presented by Capita Land. A highly exclusive forum where business leaders and entrepreneurs may benefit from the practical experiences and views
      187 words
    • 1293 15 HB ROBINSON 112 ROBINSON ROAD Prime office space for lease Minutes to Tanjong Pagar and Raffles Place MRT stations 1,200 sq ft onwards Competitive rental Call 6748 7522 <g» for enquiries HO BEE GROUP Call toll-free 1800 289 8822 OVERSEA-CHINESE BANKING CORPORATION LIMITED LOST STOCK CERTIFICATES The following stock certificates
      1,293 words

  • Page 16 Advertisements
    • 24 16 Kjk Jill IS 111 Insiders' trades. Brokers' recommendations. Dividend table. I The pages also cover transactions by directors and substantial shareholders. 111 H j
      24 words
  • 4827 16 Transaction date: Jul 28 H HONG KONG Vol HKExchanges4Clearing .16.35 0.05 2090 HKS '000 HKR Int'l 2 60 unch 3108 Hong Kong Electric 33 40 0.10 1761 Aeon Credit 5.00 0.10 616 Hongkong Chinese 0.92 -0.01 238 Aeon5tores 6.30 0.15 470 Hopewell Holdings 15.80 0.10 158 AlphaGenerai 0.33
    4,827 words
  • 2065 16 Transaction date: Jul 28 KUALA LUMPUR 1*20 0.20 276 ■u j.i rooot Globetronics Tech 0.45 unch 1263 5! GlomacBhd .2.45 0.02 177 ?S ACFMndustries 403 18 -0 02 362 s »sarr.===sit i»3 ss 1W AhmadZak??« |29 0*2 17 -o!o2 2« 0 83 So? S Grand Hoover 0.90 -0.03 13
    2,065 words
  • 779 16 Transaction dale: Jul 28 w <*» <*—H a* O—» IIuhiH an loco MX 1-M M* «4l14> a» «x» oac «u» Cjc«mnd 1«0 «3<C >MHfH]k OB 1.1*0 C?tan MCaC Jk DM 1MB <UTI0 *«0d HCTfc 0J» 1.UT -C«J0 oToTSr 2* 4JB0 iSjc 114 1JMP ow«ortD«Y aBt ,J4 *"5. 'J? S0D
    779 words
  • 355 16 BONDS WARRANTS Pnm iMfky T- um Val Cast bar OIK Gaar W t Mi «a»- f* u*. Prtc If l«t wkhid JTJ1 i sa 41 ll' 45 11? a.1 1 99 MB <2.08 Jgl SZl iiSJe w I 33 1 t« 11 W I 2J B^gf 6 a s 3
    355 words

  • Page 17 Advertisements
    • 848 17 LBEBW Landesbank Baden-Wurttemberg Head Offices: Stuttgart: P.O. Box 10 60 49 D-***** Stuttgart; Karlaruha: D-***** Karlsruhe Schlossplatz 10/12; Mannheim: P.O. Box 10 03 52 D-***** Mannheim Singapore Brandi: 25 Internatiortal Business Par* #01-72 German Centre, Singapore *****6 Consolidated Balance Sheet Consolidated Statement of Income (EUR amounts in thousands) December 31
      848 words
    • 1203 17 GOODWOOD PARK HOTEL LIMITED AND ITS SUBSIDIARIES (Incorporated in Singapore) THIRD QUARTER RESULTS ANNOUNCEMENT I UNAUDITED QUARTERLY RESULTS FOR THE NINE MONTHS ENDED 30 JUNE 2004 1. Income Statement Group ""Group 01/04/04 0v04A)3 01/10/03 01/10/02 to to to to 30/06/04 30/06/03 30/06/04 30/06/03 $'000 $'000 $'000 $'000 Revenue Hotel operations
      1,203 words

  • 4386 18 1 Transaction date: Jul 28 52-wk T«l Laat Vol Day Lact Quota GrtXv Dtv GrVM Mot MCap tSTmgdo commf Sate W- romi mF Um 9mm S*m Cw n $3 25.5 6.5 5716 1st Software 5c 7 unch 584 7.5 7 7 7.5 273 34 30.5 3148 8TelecomUS2c 31.5
    4,386 words
  • 57 18 B4A Ttf UN M Oqr LM9M Mir ON ttrVM M (KM cL r PI u» -wr i+m Cm m 13 MM MOO MA Otmon* UVOtOcd ens ocuuiT«d> —uoxq m 6msotew- —H5SL «oi tiursob— uwjo 11MGMM0 RIO S»« WJW® 1W tS3t B» STirT»>00 i-, J2f? .J2?1 W7J 1880 ««i
    57 words
  • 1124 18 U4* TW Umi IN o* g>m> on crrw M c—. M*. w ■fu.iwt*. %cv mlS x 17 i oyi AMHMbSC 14 Zf i" $2 -oUtr a> 2 s nt it iub *1K *1 X4 47 46 46 4ftJ w «A \il w S-frr'ft <1 II 1M 17 175
    1,124 words
  • 254 18 JTL&, <— g A x-a 221 '*S ;1 m m 115 m s '2 l\ I® ii S£ K*wi <s wi its its ao Sv HK5M 1*130*3 11.7 6 5 !?»JMI SS -J° 1700 27 23 7* 3.12M37 s 25^25 e6 ™--KSa 22 "uuTJwri iX 7 a t
    254 words

  • Page 19 Advertisements
    • 274 19 No matter what your business needs or budget, there's always an NEC Intel-based server offering world-class technology and unparalleled reliability. See your nearest dealer today to enjoy our latest special packages. NEC E*P res ssBoo/110Eg iSM NEC ExpresssBoo/120Lg 7 intei® Pentium®4Processor3.o6GHz Departmental Server 256M8 DDR SDRAM Intel® Xeon™ Processor 3.O6GHz
      274 words
  • BizIT
    • 733 19  -  In a recent survey, an astonishing 60% of companies polled said they would be willing to give up e-mail if the threat posed by viruses and hackers is not contained IT comment INFOTECH raju chellam GIVEN the übiquitous spread of e-mail as a form of
      733 words
    • 155 19 STARHUB has launched its new anti-spam service for online and mobile customers with an i.Mail account, to detect and block off unsolicited e-mails before it reaches their inboxes. "This service filters all your incoming e-mails by processing them at StarHub's servers rather than at your desktops,"
      155 words
    • 429 19  -  US ambassador to S'pore says IT has changed the global playing field By Amit Roy Choudhury i ivjin, ueyuiiu its political dimensions, is a technological phenomenon because technology allows businesses to break down barriers to information and lets capital and production move
      429 words
    • 286 19 Its Sempron chips will be comparable with Intel's Celeron Reuters [SAN FRANCISCO] Advanced Micro Devices is introducing a new brand name for chips used in inexpensive personal computers, as it tries to gain market share from arch-rival Intel Corp. Sempron, as AMD's
      Reuters  -  286 words
    • 699 20  -  A global brand needs to have a more diversified board, the successor to Acer founder tells Tang WengPai v m in i.„ o1of_ inaP.hinfl arrnunts fnr annthpr 3D npr rent while the Amer- Tang Weng Fai ACER Inc president J T Wang,
      699 words
    • 391 20 AFTER the very public success of computer giants like Dell in the direct sales model, you might think that the channel model sellling through distributors and dealers instead of directly to customers is a dead business, or at least doomed. Acer begs to
      391 words

  • Page 20 Advertisements
    • 243 20 The essentials of imaging KONICA MINOLTA "'■f^.^||F'^^^MpMg^WßPBMßl^P|yßB l i BS "<d- ?yT~rWfc' '•fj-— 'ias» 4. r '<" i. i I^^^Ssjsssttss^^SSßl^BWMHßßiilHBiwiMli^^^-y II fgtgKl Mjfcr* m ■L^ TTwi iMr ■II J lr JU\ ■lit ■■<"■■ •> a^aflr ■II |£w i ■II K mm* I BIS IB H ifl I ■■I JK|' Ppfe
      243 words

  • SHIPPING TIMES
    • 470 21  -  Risk-based system helps post highest inspection rate in Asia-Pac; more ships detained From Evelyn Duffy in Perth AUSTRALIA'S port state control body, the Australian Maritime Safety Authority (AMSA), has adopted a tougher ship inspection regime, detaining more foreign ships last year. The AMSA has
      470 words
    • 398 21 Reuters [COPENHAGEN] Danish shipping group A P MollerMaersk rejected claims made by one of its engineers that he was acting on an unwritten company rule after he was charged by US authorities with destroying documents on oil waste. The
      Reuters; AFP  -  398 words
    • 212 21 Reuters [TOKYO] Japan may host later this year an international sea and air exercise to practise stopping suspected shipments of weapons of mass destruction (WMD), a major Japanese newspaper said. The Asahi Shimbun daily said the exercise would be part of the
      Reuters  -  212 words
    • 536 21 Bloomberg [LONDON] Fortum Shipping, the most profitable unit of Finland's biggest energy company, expects to see growth in the trading of tanker derivatives as new entrants join the market and additional contracts are offered. "The growth is there, and we'U soon also
      Bloomberg; FILE PHOTO  -  536 words
    • 270 21 [LONDON] Alaskan prosecutors have filed charges against environmental campaign group Greenpeace, the master of one of its vessels and the local ship's agent alleging violations of two of the US state's environmental laws. The master and agent could be fined up to
      270 words
    • 295 21 SGX '000 Jul 28 SS Vol CH Offshore .0.38 unch 407 Chuan Hup 0.53 0.01 824 Cosco Investment 0.86 unch 8230 CWT Distribution 0.48 unch 10 Ezra Hldgs 0.94 0.01 54 Freight Links .0.10 -0.01 114 GB Holdings +NA+ +NA+#VALUE! Java Holdings 0.88 0.01 2237 K1 Venture .0.30
      295 words
    • 771 22  -  NEWBUILDS By David Hughes IT so happens that none of the contracts listed this week is with Chinese yards. As has been the case for the past two decades or more, the scene appears dominated by Japan and South Korea. Of course,
      REUTERS FILE PHOTO  -  771 words
    • 107 22 PAGE Austral AL 5 Bank Line 4 BSA 4 B'tangMas 3 CMACGM 3 COSCO 3 China Shpg 4 Crocodile Line ....4 Delmas 4 Dongnama 3 Eukor 2 ECL 3 Foong Sun 4 Gemartrans 4 Hamburg Sud 3 Hangli 4 Heung-A 3 IRISL 5 Jesselton 5 Kyowa 5
      107 words
    • 7156 25 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 15/08 01/10 WWL TAMESIS AF416 65-*****033 To ABIDJAN (ABJ) 2003 Cot* D'lvoire To BANDAR ABBAS (BND) 2036 Iran 07/08 31/08 Oelmas THERMAIKOS
      7,156 words
    • SHIPS IN PORT
      • 573 27 Vessel Voy No Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL BAYSWATER338 E4183 J3 A/SIDE 29/07 0230 CAPE CHARLES LB075 J24 A/SIDE 29/07 0600 CITRAAGUNG JB47A5 J5/6 A/SIDE 29/07 0400 CSAVRIOBAKER *****N J18/19 A/SIDE 29/07 0400 GLARING PESC 7 J5 A/SIDE 29/07 1500 WINSTAR 7 28G4W J2 A/SIDE 29/07 0300
        573 words
      • 1779 27 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vessel Out In Bth Berthing Un- Berth Name Voy Voy seq berthing Nmbr ACX MARGUERI 033N 033N 1 31/07/2004-03:00 31/07/2004-1300 ACXSWAN 105N 105N 1 31/07/2004 1500 01/08/2004-01:00 AL FARAHIDI C297E C297E 1 31/07/2004-1200 31/07/2004-2200 ALSABAHIA C305W C305W 1 31/07/2004-1500 01/08/2004-03:30 ALAMJAYA AJ007 AJ007
        1,779 words
      • 136 27 Aug 1 Switzerland: Nat Day. Ang9 Singapore: Nat Day. Aug 12 Thailand: Queen's Birthday. Aug 15 France: Assump Day. Belgium: Assump Day. India: I ndepen Day. S Korea: Libe Day. Aug 17 Indonesia: Independ Day. Aug 20 India: Parsi New Day. Aug 30 UK: Summer Bank Hoi. Aug
        136 words
      • 831 27 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
        831 words
      • 604 27 Carbon 180 Max 983.7 0.3 15.2 0.03 41 0.03 Jul 22 Density Water Residue AshAluminlum Sediment No above E25 0 0 1 0 rTT; 380 Ave 987.9 0.2 14.9 0.04 19 0.02 *t£2 380 Mai 1013.5 0.7 17.9 0.07 55 0.06 KG/W3 s v/» M/M M/M
        604 words
    • AIR & LAND transport
      • 354 28 AFP [SYDNEY] Australian authorities conceded a mid-air bomb scare on a United Airlines plane may have resulted from a misunderstanding yesterday but denied the pilot overreacted by making an emergency return to Sydney. US flight 840 turned back 90 minutes into its
        AFP; AP  -  354 words
      • 502 28 Thai flag carrier sees airport business adding 13% to profit in 10 years Bloomberg [JAKARTA] Thai Airways International Pel, which earns 80 per cent of its revenue flying to destinations outside Thailand, said its business of running airports can contribute at least 13 per cent
        Bloomberg; FILE PHOTO  -  502 words
      • LOG Book
        • 126 28 Xinhua [HONG KONG] Hong Kong airline Dragonair announced that it has decided to include Frankfurt in Germany and London Stansted as major points in its freighter network beginning today. Chief executive officer of Dragonair Stanley Hui said the two points will provide Dragonair with even deeper
          Xinhua  -  126 words
        • 87 28 Reuters [NEW YORK] AirTran Holdings Inc, parent of low-cost carrier AirTran Airways, said its quarterly net profit plunged, hurt by high fuel prices and a competitive environment. Still, Orlando, Florida-based AirTran, which has its main hub in Atlanta, beat Wall Street estimates by a penny and
          Reuters  -  87 words
        • 83 28 AP [LONDON] Budget airline bmibaby said it plans to open a new base at Birmingham International Airport and introduce services on nine European routes. The airline said it would begin services from the airport in central England in January to destinations in Spain, the
          AP  -  83 words
        • 67 28 Bloomberg [MELBOURNE] Qantas Airways, Australia's biggest airline, will add two extra weekly flights between Melbourne and Los Angeles. The first extra service will begin in November and the second in February, Qantas executive general manager John Borghetti said in a statement. The extra flights
          Bloomberg  -  67 words
        • 74 28 Reuters [HANOI] Hong Kong s CR Airways will kick off an air service tomorrow that will link the territory with Vietnam's tourist hub Danang, after Vietnam's Pacific Airlines quit the routes in early July, state media reported. CR Airways will be the sole carrier to
          Reuters  -  74 words
      • 238 28 Reuters [MOSCOW] Russia's Economy Ministry recommended yesterday that the government sell its 51 per cent stake in national flag carrier Aeroflot next year, Interfax news agency reported. Citing a draft privatisation plan for 2005, Interfax also said the ministry had recommended
        Reuters  -  238 words
      • 183 28 AFP [OSLO] A four-year-old boy caused chaos at a Norwegian airport when he crawled on a luggage conveyor belt and rode it like it was a merry-go-round. Ingvild Aakervik was checking in at the Vigra airport near the western town of Aalesund
        AFP  -  183 words
      • 341 28 Reuters [GENEVA] Global air passenger traffic rose over 20 per cent in the first half of this year as travel recovered from the effects of an economic downturn and the Sars virus in Asia, an airline industry group said yesterday.
        Reuters  -  341 words
      • 219 28 AFP [JAKARTA] Indonesia's state-owned domestic carrier Merpati Nusantara Airlines plans to offer a 30-49 per cent stake in the company to foreign investors to improve its competitiveness, the Bisnis Indonesia daily reported yesterday. The newspaper quoted Merpati president Hotasi Nababan as saying it may sell its
        AFP  -  219 words
      • 2166 28 CITY FLIGHT ETA FLIGHT ETD asm u»m wo W73K as 8 <*** 0745 S0230 WO OFU 2!1S M S0427 0730 EK405 0210 Aantardaai S0323 0615 GA974 0130 ***** A* 4 0325 KL837 1450 KL838 2255 M05 S0426 1300 SO324 2345 J" 48 ***** 2325 Albans *****
        2,166 words
  • Page 21 Advertisements
    • 15 21 THAI upbeat on airport venture lata sees bright skies as HI air traffic rises 20%
      15 words
    • 56 21 One-Stop Shipping Services International Ship Registries t IMUft Ship Registrations Ship Classifications Radio Accounting Tuvalu. Mongolia, Panama Quality. Safety, Security Services Belize and many more Surveys and Consultants Accounting Authority RSO6 International Ship Registries Pte Ltd I 10 Anson Road #25-15, International Plaza, Singapore *****3 |f|\ Tel: (65) 6226 3626
      56 words

  • Page 22 Advertisements
    • 697 22 I IMPORT ~~1 NORTH AMERICA AUSTRALIA/NEW ZEALAND I SUPER SHUTTLE EXPRESS (S3X) AUSTRALIA ASIA EXPRESS (AAX) VKSII VOT iW SIN PKG Ytsstt VQT INI I SYP 1 MEL I ADL FRE SIN PKG 10S ANGCLES EXPRESS 06W28 18/07 04/08 OMIT ANL EMBLEM 08N 17/07 19/07 21/07 23/07 27/07 01/08 03/08
      697 words
    • 534 22 Un f s T ices re P rese< Members of the M-mb r! J of c t e f Singapore Logistics IS®W ,PP,n9 J 9 Association Xg7«Vy Singapore Shipping Association ULY UNE MALE /\/ESSEL VOY ETA ETA ETA A P. KLANC SPORE MALE Princess Lily 0504 30/07 09/08 Kota Teraju
      534 words

  • Page 23 Advertisements
    • 876 23 MOl a range of shipping modes to ensure timely, reliable services covering major ports in North America, Europe, Japan, Asia, Africa Oceania. Also accept Intra-Asia Cargoes to: lUSAN KWANGYANG/SHANGHAI/YANTIAN/ XIAMEN/QMGDAO /lILAWAN JAKARTA/!fUJAMtt/ KAOHSIUNC iANGKOK LAEM CHAIAMG WXHIMIHH PASIR GUPAHG KMAHC H)*T KBAHG For Schedules, BL Searches, and Container Tracking, visit
      876 words
    • 1615 23 GENERAL AGENTS IN SINGAPORE 16 RAFFLES QUAY #36-01 SALES/BKGS TEL: 6420 *****43 FAX: *****321/24 PO<?TAR SHIPPING PTE LTD HONG HONG BUILDING OUTWARD(B/L) *****802 6238 5325/75 uuaiMii anirmuricLiu Singaporeo4BSBi inward (d/o» M *****6 *****319/49 REGNO *****1787G TEL 6226 1900(MAIN) T/SHIPDEP *****825 *****316/46 JOHORS OFFICE: CR NO: **********0 M CONVENTIONAL *****850 6226
      1,615 words

  • Page 24 Advertisements
    • 975 24 VUUIf WALLENIUS WILHELMSEN website: http://www.2wglobal.tom Vtssa "VOY RAMP~ HEIGHT SIM IK ~MAO~ HOW MIA SAY BAL ~QRF~ NYC ~NEW M 0»" TARONGA AMI 5 3201 MS 6.251* OT/08 25/08 03/09 10/09 11/09 15/09 13/09 17/09 07/09 TAPIOIA AI4OB 4001<MS 6.3 M 06/08 11/09 16/09 13/09 14/09 TAMESIS AF4I6 320T0«s MOM
      975 words
    • 820 24 WX WAN HAI LINES V Tel: 6226 1588 Fax: 6224 1163 INTRODUCING:- NEW WEEKLY EXPRESS SERVICE TO: llkS j 4 .> L 1 EUROPE ROTTERDAM HAMBURG ANTWERP CALLING SIN EVERY Saturday For more details, call HOTLINE: 6226 1588 1800-*****00 t li rftz I I co Lm USA WEST COAST A
      820 words
    • 826 24 BSA iL >^^— MYANMA BDB FIVE STAR LINE (Myamiiar National Line) Loading for Yangon VESSEL VOY SIN PKL PEN PGU PAGAN 328W SU> HPA-AN 320W SU) SLD IN MALAYSIA: lOUSTEAD SHIPPING AGENCIES KUL: 03-*****300 PKL: 03-*****101 PEN: 04-*****02 jtfasnmm MKUL ACCEPTIN6 CONVENTIONAL CGO VESSEL VOY HKG SIN PGU PKL KIK
      826 words

  • Page 25 Advertisements
    • 598 25 VESSEL VOY SIN PKL KARACHI DXB BAB DMM BIK KHORRAMSHAHIf] IRAN SHAHRYAR PCL 8039 29/07 31/07 07/08 10/08 11/08 18/08 21/08 24/08 IRAN SATTARI PCL 8040 07/08 08/08 15/08 16/08 17/08 24/08 27/08 30/08 IRAN KORDESTAN PCL 8041 14/08 15/08 22/08 25/08 26/08 02/09 05/09 08/09 IRAN SHAHRYAR PCL 8042
      598 words
    • 329 25 i isn k UK CONTINENT SERVICE Loading for ANTONIS RTM/ATW/BMN/UK/NAN STARLY RTM/ATW/BMNAJK/NAN Loads Singapore, E7W Malaysia, Indonesia MIDDLE-EAST SERVICE Loading for GOLDEN SUN ADN/HDD/JDH/AQA C CHAMP DMT/YAR/BZA VTC STAR DBI/ABU/DOH/BRN/DMM/KWT "Loads Singapore, EVW Malaysia, Indonesia USA SERVICE Loading for IVORY STAR LAX/VCW SAMOS DREAM CAM/NOL/NFK/SAV 'Loads E7W. Malaysia, Indonesia F.E./S.E.A.
      329 words
    • 320 25 VESSEL VOY SW POt) VESSEL YQI SIM JKL PAC BANPA 1264N 31/07 01/08 ALAMJAYA 2 fflZ 31/6Z 53/58 PAC »AHOA 1265H 01/08 02/08 fAt lAU 4214 31M Ml CSF 2301 KOIIN 01/08 02/08 PAC HHIAH 22SS M/M HZ/M CSf 2301 0012P 03/08 04/08 ALAMJAYA 2 8908 Oj/Og I 11/08 PAC
      320 words


  • Page 27 Miscellaneous
    • 127 27 J J g REGIONAL WEATHER SjjjjggS WjLf/Z. I FOR 7 AM 29 Jul 2004 fgk Issued by Meteorological Service Division.NEA LEGEND: <C Thunderstorm Wind speed symbols Showers Full c rc e w/o line indicates calm or light and variable winds p a j n One half fleche represents 5 knots
      127 words