The Business Times, 29 September 2004

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Total Pages: 32
1 32 The Business Times
  • 15 1 THE BUSINESS TIMES MITA (P) 023/03/2004 Wednesday, September 29,2004 SINGAPORE 85 cents online at http://business-times.asial.com.sg
    15 words
  • 649 1  -  Continued volatility at even higher levels feared By RONNIE LIM [SINGAPORE] Oil prices are set to run up further after breaking through key psychological resistance at US$5O a barrel yesterday. Although the latest surge was sparked by a confluence of short-term factors from
    Source: Facts Inc/Exxmobil  -  649 words
  • 480 1  -  By VEN SREENIVASAN [SINGAPORE] Soaring oil prices sent Asian airline stocks spinning yesterday as jet fuel hit a 14-year peak of U5559.35. With a barrel of crude breaking the US$5O barrier, some airline investors bailed out rather than risk what could be a bumpy
    480 words
  • 134 1 Dsn 1,979.10 (-4.29) ST INDEX FUTURES 1,980.00 (unch) siMsa 238.38 (-0.66) SIMSa FUTURES 238.10 (-0.90) MARKETS Tuesday Change KLSECOMP 845.46 -2.82 NIKKEI 225 10.815.57 -43.75 HANG SENG 12.950.80 -71.10 SET INDEX 637.89 -8.89 JAKARTA COMP 812.13 -3.46 MANILA COMP 1,746,08 -14.25 SEOUL COMP Closed SHENZHEN B 247.01 +2.03
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  • 49 1 TOP STORIES ...PG 2,3 COMPANIES... PG 4-7 MARKETS PG 8 SINGAPORE ..PG 9.10 ECONOMY PG 11 M'SIA/INDON.. PGI3 CHINA PG 14 INDIA PG 15 WORLD PG 17 AVIATION PG 18 SHIPPING PG 19 EDITORIAL ..PG 20,21 LETTERS PG 21 STOCKS PG 22.23 MOTORING PG 29 MONEY PG 30-32
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  • Page 1 Advertisements

  • TOP STORIES
    • 599 2  -  If successful, smaller-staffed centres may replace some branches By NANDE KHIN [SINGAPORE] The Housing Development Board (HDB) is setting up its first HDB service centre as part of a review of its branch office network, including better use of staff resources.
      599 words
    • 442 2  -  By NANDE KHIN [SINGAPORE] Private developers were approached by the Housing Development Board (HDB) to buy over a precinct West during its annp results briefing on Momjfey. Niam Chiang Meng, the CEO of HDB, had asked members from the Real Estate Developers'
      FILE PHOTO  -  442 words
    • 540 2  -  By VINCE CHONG [SINGAPORE] Property bigwigs believe residential prices can still rise by a 5 per cent average this year with just a little more than a quarter left. At a developers' Mid-Au-tumn Festival yesterday. Hong Leong Group Singapore executive chairman
      FILE PHOTOS  -  540 words
    • 675 2 Paulson slashes NOL stake by almost half FOR US hedge fund Paulson Co, betting against Singapore investment company Temasek has proved a costly exercise. Yesterday, the fund said it is no longer a substantial shareholder of Neptune Orient Lines after selling almost half its stake. It had bought
      675 words
    • 526 3  -  Making policy more certain boosts investment by a lot, says World Bank By CHUANG PECK MING [SINGAPORE] Creaky infrastructure, contracts that don't bind, crime, corruption and onerous regulations can cost businesses over 25 per cent of sales or more than three times the
      REUTERS  -  526 words
    • 558 3  -  By CHUANG PECK MING [SINGAPORE] Singapore is ranked right up there with industrial nations in providing one of the most open business climate for investments and business decisions, according to the Kurtzman Group, a USbased consultancy firm. In a study of the small
      558 words
  • Page 2 Advertisements
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  • Page 3 Advertisements
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  • COMPANY NEWS
    • 609 4  -  US hedge fund's move follows stake sale by Norwegian shipping tycoon By WONG WEI KONG FOR US hedge fund Paulson Co, betting against Temasek Holdings over Neptune Orient Lines (NOL) may have turned out to be an unprofitable exercise. The New York-based fund
      BLOOMBERG; Source: Bloomberg  -  609 words
    • 200 4  -  LETTER TO THE EDITOR Pat Mah Chairman Daka Designs WE refer to the article "SGX questions Daka's late profit warning" in The Business Times yesterday. We wish to clarify that the abovementioned headline is factually incorrect and will give the wrong impression to your readers.
      200 words
    • 711 4  -  HOCK LOCK SIEW By R SIVANITHY IN the space of two weeks, local stock market players have seen two newly listed companies deal with the sensitive issue of profit warnings in starkly different ways: New Lakeside didn't issue any when it might have,
      711 words
    • 639 5  -  Company profits seen dented over time as business growth slows By JOYCE KOH WITH oil prices tipping over the US$5O mark, industry players say the flowthrough effect will dampen company profits and economic vitality over the long run. Analysts say that even though most companies
      AFP  -  639 words
    • 537 5  -  By KENNETH LIM WITH the Straits Times Index (STI) recently breaking the 2,000-point level, research firms have been giving the Singapore market a relook. And while some remain bullish, a contrarian Phillip Securities predicts a crash within the next three months. The STI exceeded 2,000
      537 words
    • 692 6  -  But two more companies join listing queue, making 5 this week By KENNETH LIM FORMULA Telecom Solutions, which was to be the first Israeli company to float on the Singapore Exchange, yesterday withdrew its listing application. Lead manager DBS Bank said the company was
      692 words
    • 311 6  -  By WONG WEI KONG SILCHESTER International Investors, a UK fund manager, has become a substantial shareholder of Singapore Press Holdings. A filing with the Singapore Exchange yesterday shows that Sanderson Asset Management, which is 49.9 per cent owned by Silchester, bought
      311 words
    • 742 6  -  Restructuring for greater efficiency and higher returns deemed good move By VEN SREENIVASAN SINGAPORE Airlines' staff restructurings will not yield significant overall cost savings but are a step in the right direction to help prepare the company for the intensifying dogfight in commercial aviation. That seems
      BLOOMBERG  -  742 words
    • 343 6  -  Last of 4 banks to file suit it wants to recover $10m By SIOW LI SEN SUMITOMO Bank on Monday sued Asia Pacific Breweries in its bid to recover Sslo million, the last of the four banks to do so as they try to recover a
      343 words
    • 342 6  -  By TAILA KRISHNAKUMAR AT a time when many banks are making a beeline for the affluent and wellheeled, OCBC Bank is strengthening its foothold in the heartlands, where it already has a significant presence. Yesterday, OCBC's CEO David Conner and his key executives hosted NTUC Secretary-General Lim
      342 words
    • 460 7  -  Construction firm hopes to be out of the woods by year-end By JEAN CHUA UNDAUNTED by the fall in its share price yesterday, construction group Wee Poh Holdings is optimistic that it is on its way to building a sustainable business with a
      460 words
    • COMPANY BRIEFS
      • 61 7 APOLLO Enterprises said managing director Tan Boen Ho will be retiring on Sept 30. Mr Tan has been with the group since 1972. The group said there is currently no plan to appoint another managing director. Executive director Ng Wei Yong will lead the executive committee
        61 words
      • 47 7 Sing Tel bags 14 000 mobile users SINGAPORE Telecom said yesterday that its cheaper calling plans introduced in July had captured some 14,000 more mobile phone subscribers. According to the company, some of the new plans cut monthly subscription fees by as much as 32 per cent.
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      • 37 7 MAINBOARD-LISTED biotech firm Bio-Treat Technology has clinched three new municipal wastewater treatment contracts worth a total 0f700.5 million renminbi (*****.5 million) in Kunshan City and Dafeng City, Jiangsu Province, China.
        37 words
      • 49 7 DEUTSCHE Bank said it will offer 40 million more call warrants on Singapore Press Holdings. Priced at 31.6 cents each, the warrants may only be exercised on Feb 28 next year, and carry an exercise price of $4,362 per 2.029 warrants.
        49 words
      • 58 7 UNITED Overseas Bank has bought an additional 367,903 shares in Far Eastern Bank (FEB) for $448,842, bringing the bank's stake in FEB to 77.54 per cent. Based on FEB's audited balance sheet as at Dec 31,2003, the consolidated net tangible asset value of
        58 words
      • 74 7 SING Investments Finance will redevelop its head office building at 96 Robinson Road at an estimated cost of $14 million to $17 million. The construction works will take about two years to complete during which time the main operations of the head office
        74 words
    • 360 7  -  It's betting on China firm's future earnings By JEAN CHUA SEE Hup Seng says it is investing in Genneng Technology Corp because it believes in its future earnings and products, and intends to use the technology in its piped gas projects in China. Responding
      360 words
    • 193 7 WESTCOMB Financial Group, formerly known as SBI E2-Capital, has gone where most Singapore financial institutions have not yet arrived: north-east China. In a statement last night, the Singapore-listed investment banking unit said it is strengthening its presence in China by setting up Westcomb
      193 words
  • Page 4 Advertisements
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    • 25 4 Recruit from a wider audience w q -M J m JUIU m Call 1800 289 8822 or email recruit @sph. com.sg for your recruitment solutions
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  • Page 5 Advertisements
    • 507 5 SIEMENS mobile Designed for life 'V' 1.3 MEGAPIXEL CAMERA 65,536 TFT COLOUR DISPLAY 32 MB RS MULTIMEDIACARD st B H I H I BUT HOW CAN www.siemens-mobile.com/565 The Siemens S6S mobile phone is available at hellol Shops, M 1 Shops, Star Hub Shops and the following retail stores: AWFCommunications People's
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  • Page 6 Advertisements
    • 775 6 frre ISQO 3898*221 foMil: potice«»Bpt.comsg IM LUM CHANG OLDINGS LIMITED I (Incorporated in the Republic of Singapore) Co. Regn. No: *****3949N NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the members of the Company will be held on Friday, 29 October 2004 at 38 Kim Han Road #03-00
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  • Page 7 Advertisements
    • 34 7 f J Jelling car? Reach out to more readers by advertising in The Straits Times Classified. Call our C.A.T.S. hotline at 1800-289-9988 and &M* our friendly sales personnel Buy Se Find ltwill serve you.
      34 words
    • 101 7 A prestigious redeveloped Grade II listed building set in 13 acres The first release of a new investment opportunity from Westcity Properties, the developers of The Pavilion in St John's Wood, West End Quay in Paddington and The Phillimores in Kensington. The Sir Giles Gilbert Scott Building Whitelands Park, Putney,
      101 words

  • SINGAPORE MARKETS
    • Article, Illustration
      436 8 OTHER SINGAPORE INDICES Sep 28 VALUE CLOSE BT OB/OS -68.00 +43.00 BT CADI -*****.00 -9.00 BT 10-day MA -*****.00 -6.00 All-SG Equities 517.30 -1.83 SG Equities Elect 157.96 +0.69 SG Equities Fin 1605.24 -1.33 SG Equities Prop 483.80 +1.35 SIMSCI 238.38 -0.66 SiMSCI Futures 238.10 -0.90 MOST ACTIVE STOCKS VOLUME
      436 words
    • 878 8  -  CURRENCIES Japanese yen is punished while the Aussie dollar shines again LARRY WEE Senior Correspondent SOARING oil prices dominated financial market action over the past week, punishing global stock markets and forcing the Japanese yen to lows not traded since March 2004. By yesterday
      878 words
    • Article, Illustration
      510 8  -  Compiled by KENNETH LIM Keppel Land Sept 28 dose: $IJ9 OTK3ltot» SMITH BAINEY, Sept 28 BUY WE visited KepLand's projects in Beijing (The Seasons) and Chengdu (The Waterfront) last week. In Beijing, it has sold 86 pei cent of the 158 launched units at The Season and is
      Source: Bloomberg  -  510 words
    • 369 8  -  STOCKS R SIVANITHY Senior Correspondent ANOTHER day, another dollar. Or make that another day, another fresh batch of "buy" recommendations from brokers. Thanks to a slew of bullish reports on a mix of small caps and blue chips, traders yesterday were able to ignore
      369 words
    • TRADES TO WATCH
      • 85 8 HONG Leong Asia's outgoing chief executive Wrixon Frank Gasteen exercised 510,000 share options at 41 cents each and 135,000 options at $1 each yesterday, raising his shareholding to 0.25 per cent from 0.08 per cent. Mr Gasteen, who will be a non-executive director after
        85 words
      • 39 8 JURONG Engineering independent director Liow Keng Teck has converted 24,000 share options at about $1.61 each, and now has a 0.06 per cent stake in the company. Its shares slid 3 cents to $2.60.
        39 words
      • 109 8 AEGIS Portfolio Managers became a substantial shareholder of Broadway Industrial group on Monday through the purchase of 7.5 million shares at 28 cents apiece on the open market through HSBC Trustee and DB Nominees. The purchase gave it a deemed stake of 5.07 per cent
        109 words
      • 49 8 THE CEO of International Factors Singapore, Lee Soon Kie, bought 25,000 shares of the group at 52.5 cents a share yesterday. This raised his direct stake to 0.05 per cent from 0.02 per cent. IFS shares closed a cent up at 52.5 cents.
        49 words
      • 74 8  -  Compiled by KENNETH UM and TAJ LA KRISHNAKUMAR SAM Ng Wei Hing, an executive director of Apollo Enterprises, bought 4,000 shares in the company on Monday at 47 cents apiece. The purchase raised his direct stake to 2.11 million shares or 1.37 per cent. Yesterday's filing
        74 words
    • 347 8  -  CHART POINT By K AJITH,LIM SAY BOON AGREED the Straits Times Index continues to outperform its US counterparts. But that may be cold comfort when it comes to absolute returns, given the negative technical posture for markets globally. We are looking for more downside before
      Source: Bloomberg  -  347 words

  • SINGAPORE NEWS
    • 491 9  -  Foreign parties from M'sia, China, HK submit tenders for landed sites By KALPANA RASHIWALA THE second sale of 99-year residential land parcels in Sentosa Cove has attracted a top bid for a condo plot exceeding $400 psf per plot ratio,
      491 words
    • 365 9  -  By VINCE CHONG SERVICED residence group Ascott will bring its European brand Citadines into Asia for the first time, after securing a six-year management contract for a 239room property in Shanghai. The group, which is part of South-east Asia's largest property player
      365 words
    • 266 9 BUSINESS space solutions provider Ascendas yesterday said it sealed a 10-year agreement with Dalian Gold Coast Enterprises to use its proprietary real estate management system in the Chinese developer's industrial park. The Ascendas Real Estate Management System (Arems) will be implemented in
      266 words
    • 480 9  -  By KALPANA RASHIWALA PRIME office rentals look set to rise further after posting their second consecutive quarter of gains, says CB Richard Ellis. The firm cited Singapore's economic recovery and a strong take-up as tenants move from lower-qual-ity buildings to prime buildings for
      Source: CB Richard Efts Global Research & Consulting  -  480 words
    • 489 9  -  By VINCE CHONG A MULTI-MILLION-DOLLAR mixed development with homes, shops and a hotel could spring up next to Buona Vista MRT station in the next few years, now that JTC Corporation has made such plans available. The statutory board, Singapore's largest industrial landlord, will
      489 words
    • 238 10  -  By SIOW LI SEN MAHATHIR Mohamad may no longer be the Malaysian prime minister, but interest in the man has hardly waned going by the overwhelming response to his coming lecture on Asian leadership at Suntec City. Dr Mahathir,
      238 words
    • 627 10  -  But many SMEs lag behind in applying monthly variable wage component By CHUANG PECK MING SINGAPORE companies have more than met the flexi-wage target and in half the time set. By endJune, four in five workers in big companies and two in five
      627 words
    • 294 10  -  By LARRY WEE SINGAPORE has retained its position as the fourth-largest global centre for foreign exchange activity, and the second-largest centre in Asia after Tokyo, according to an April 2004 survey by the Bank for International Settlements (BIS). Daily average foreign exchange turnover
      294 words
    • 402 10  -  By CHEN HUIFEN HOMEGROWN stem-cell company Cord Life has invested $1.7 million to expand its facility in Singapore in preparation for the rising demand for its cord-blood banking services in the region. Cord Life processes and preserves stem cells from umbilical-cord blood for
      402 words
    • SINGAPORE ROUNDUP
      • 62 10 REAL estate firm Mapletree Investments said it has appointed Lee Kok Kee as its director in asset/property management from Oct 1. He was previously Exel Singapore's general manager in logistics solutions for South-east Asia. Mr Lee's expertise in warehousing and logistics will enable Mapletree to further
        62 words
      • 85 10 THE government is spending another $36,600 to extend relief measures for four duck slaughterhouses here, as the import suspension on live ducks from Malaysia continues. JTC Corp and the Housing Board will waive a total of $23,700 in rental for their four tenants from Sept 30
        85 words
      • 67 10 FRENCH defence procurement agency Delegation Generate pour I'Armement director-general Francois Lureau is on an introductory visit to Singapore from Sept 26-28. He has called on Defence Minister Rear-Admiral (NS) Teo Chee Hean. Mr Lureau's itinerary in Singapore includes visits to the SAF Centre for Military
        67 words
      • 52 10 THE Ministry of Defence said the Singapore Armed Forces is hosting a 14-day land exercise that ends on Oct 3. Apart from Singapore, soldiers from Australia, Malaysia, New Zealand and the UK are also taking part. The exercise aims to enhance the inter-operability of the five
        52 words
  • Page 9 Advertisements
    • 7 9 C.A.T.S. Buy It. Sell It. Find It.
      7 words
    • 960 9 Im LUM CHANG HOLDINGS LIMITED (Incorporated in the Republic of Singapore) Co. Regn. No: *****3949N NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 22nd Annual General Meeting of the Company will be held at the Board Room of the office of Lum Chang Holdings Limited, 38 Kim
      960 words

  • Page 10 Advertisements
    • 1050 10 The Norinchukin Bank (A bank organised in Japan) Consolidated Balance Sheets Consolidated Statements of Operations As of March 31, 2004 and 2003 For the fiscal years ended March 31, 2004 and 2003 Millions of Yen Millions of Yen 2004 2003 2004 2003 Assets Income Cash and Due from Banks 3,686,052
      1,050 words

  • ECONOMY WATCH
    • 872 11 Bloomberg [WASHINGTON] The Bush administration may lend refiners oil from the Strategic Petroleum Reserve after Hurricane Ivan disrupted Gulf of Mexico shipping and production, lifting prices toward a record and threatening the economy. "We've always said that the SPR was set
      Bloomberg  -  872 words
    • 567 11 Some economies not expected to expand as strongly as thought Reuters, Bloomberg [LONDON] The International Monetary Fund (IMF) has cut its forecast for global growth next year slightly amid expectations that the US and Chinese economies will not expand as strongly
      Reuters, Bloomberg  -  567 words
    • 514 11 Reuters [NEW DELHI] The Indian economy is expected to grow between 6 and 7 per cent in the current financial year to March 2005 due to strong expansion of the services and industrial sectors, the country's chief economic adviser said on Monday. The forecasts
      Reuters; REUTERS FILE PHOTO  -  514 words
    • 426 11 AFP [WASHINGTON] Oil-rich Brunei's economic growth is expected to dip to just one per cent this year, the lowest level in six years, according to the International Monetary Fund (IMF). The weak growth is due to temporarily lower oil and
      AFP  -  426 words
    • 389 11  -  By AL LABITA THE Philippine peso's renewed free fall against the US dollar forced the central bank yesterday to intervene in foreign exchange trading, enabling the unit to bounce back. After plunging to an all-time low of 56.45 per greenback
      389 words
    • 175 11 Reuters [KUALA LUMPUR] Malaysia's economy can still achieve its targeted 7 per cent growth this year despite rising oil prices, Mustapa Mohamed, Economic Planning Minister in the prime minister's department said yesterday. Asked whether oil prices could derail the government's forecast, he said:
      Reuters  -  175 words

  • MALAYSIA COMPANIES
    • 547 12 Power, water and leisure ventures likely targets, say industry sources [KUALA LUMPUR] Tanjong pic, Malaysia's second-big-gest independent power producer, may invest part of its huge cash reserves of RMI.3 billion (SssBo million) into power and waterrelated projects and leisure ventures, industry
      547 words
    • 237 12 Bernama (KUALA LUMPUR] Investment holding company, Widetech Malaysia Bhd, which is involved in consumer trading and manufacturing of precision springs, expects to achieve double digit growth from its manufacturing and consumer trading business this year. Its executive director, Alan Lee Yoke Shue, who
      Bernama  -  237 words
    • 475 12 [KUALA LUMPURI The recent rash of new oil discoveries in deepwater offshore Malaysia is set to spark a boom for domestic oil and gas servicing companies in the future, says a report in the Malaysian Business Times quoting analysts. Local support players
      FILE PHOTO  -  475 words
  • Page 12 Advertisements
    • 922 12 i* «***>»€ <*11 tou MOO 289 8822/81-0: > I JTC Corporation, the master developer for one-north, is inviting proposals to build, own and operate Biopolis Phase 2: a multi-tenanted biomedical research facility. With the growing demand for biomedical space, JTC hopes to engage private sector participation for the development of
      922 words
    • 513 12 QQ CHUAN HUP HOLDINGS LIMITED (Incorporated in the Republic of Singapore) Co. Reg. No. *****0572R NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Shareholders of CHUAN HUP HOLDINGS LIMITED wiH be held on 22 October 2004 at The Board Room. 390, Jalan
      513 words
    • 171 12 IN THE MATTER OF THE COMPANIES ACT (CAP. 50, 1994 ED) AND IN THE MATTER OF IPROPERTYNET PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act (Cap. 50,1994 Ed), the Final Meeting of the members of
      171 words
    • 478 12 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF GRC LEASING M PTE LMTED (M MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETMG NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act, Cap. SO that the Final Meeting of Member of the Company
      478 words
    • 369 12 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SRC LEASMG PTE LMBTED (M MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FMAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act, Cap. 50 that the Final Meeting of Member of the Company will
      369 words
    • 502 12 In The Matter Of The Companies Act, Cap. 50, Section 291 (1) And In The Matter Of HUA GAN PTE LTD Company No. *****3621N STATUTORY DECLARATION BY DIRECTORS OF COMPANY'S INABILITY TO CONTINUE BUSINESS BY REASON OF ITS LIABILITIES The Registrar of Companies, Singapore We. Tan Teck Gee of 78
      502 words

  • MALAYSIA/INDONESIA
    • 513 13 Global demand expected to benefit plantation, oil and gas sectors [KUALA LUMPUR] Being a resource-based economy, Malaysia is well-positioned to experience a new spurt of growth brought on by growing interest in commodities, economists and analysts say. "We have a tremendous amount of primary
      513 words
    • 346 13 [JAKARTA] Indonesia will delay the planned sale of a 30 per cent stake in Bank Negara Indonesia, the country's third-largest lender, until after a new government is put in place, a parliamentary official said. The stake is worth 5.08 trillion rupiah (***** million)
      346 words
    • 2213 13 VOL FTEC Resources 3.53 0.02 400 i#* Ml W- C88H Furqan Bus. Org. .0.35 -0.02 1009 Gadang 1.73 0.04 7219 AtMRealty 1.45 0.01 47 Gamudk 4.90 0.04 1714 0 50 "0-" 1 General Corp .0.52 unch 37 ACPIndiatries— —134 -aoi 30 Genting 16.60 -0.30 279 Advance
      2,213 words
    • 840 13 According to a belief, Yudhoyono's name is that of a strong leader Bloomberg A CRASH course in Javanese mysticism can help explain why Indonesians, let down by three successive leaders in the past six years, are so excited about their incoming president, Susilo Bambang Yudhoyono.
      Bloomberg; REUTERS/AP  -  840 words
    • 256 13 Reuters. AFP INDONESIA'S incoming president yesterday urged his supporters to be patient as he weighs his Cabinet choices, saying he needed to wait for the election commission to declare his poll victory valid. Addressing hundreds of ordinary Indonesians at his home south
      Reuters.; AFP  -  256 words

  • GREATER CHINA
    • 623 14  -  HONG KONG INSIGHT Biggest risk factor remains China, whose slowdown could exact a heavy toll JEAN CHUA Reporter LAST week, Hong Kong's biggest banks raised their prime rates for the first time in four years. The best customers of banking giants such
      623 words
    • 717 14 Other firms also eyeing overseas acquisitions Reuters [SINGAPORE] China's plan to buy Canadian mining giant Noranda Inc for some US$5 billion is just the beginning of an overseas acquisition march fuelled by swollen foreign exchange reserves and- a need to secure natural resources.
      Reuters  -  717 words
    • 495 14 Reuters (SAN FRANCISCO] While US companies flock to China in hopes of tapping its vast emerging market, the chief executive of China's biggest business-to-busi-ness websites has his eye on the United States. "This is the first time we're aggressively targeting buyers," Alibaba
      Reuters; FILE PHOTO  -  495 words
    • 229 14 Bloomberg [TAIPEI] Tsai Wan-lin, the patriarch of Taiwan's wealthiest family and founder of Cathay Financial Holding Co and other banking and insurance companies on the island, died at age 81. Mr Tsai died of a liver ailment, Cathay Life Insurance said. He is survived
      Bloomberg  -  229 words
    • 226 14 Bloomberg [SHANGHAI] GF Securities Co's two largest shareholders increased their stakes, taking control of 54.5 per cent of the Chinese brokerage and casting doubts about Citic Securities Co's takeover bid. Liaoning Cheng Da Co, the biggest shareholder, bought 1.72 per cent on the
      Bloomberg  -  226 words
    • 706 14 AFP [HONG KONG] The temperature is touching 30 degrees Celsius, relative humidity is above 90 per cent and Hong Kong-based corporate lecturer David Phair is dressing for work. He buttons his long-sleeved shirt, fixes his cufflinks, knots his tie and dons
      AFP  -  706 words
  • Page 14 Advertisements
    • 142 14 HBnjHHjHH Call toll-free 1800 289 8822 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF SINGRE INFORMATION TECHNOLOGY PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50, the Final
      142 words

  • INDIA
    • 611 15 Zee and Star shift focus to four states where cable penetration is high Reuters [MUMBAI] A battle for India's television viewers and advertisers is moving south as rivals Zee Telefilms Ltd and News Corp's Star focus on a crucial but
      Reuters  -  611 words
    • 455 15 Reuters [NEW YORK] Tata Group chairman Ratan Tata said on Monday the Indian conglomerate's auto division has had talks with a Chinese manufacturer about building a passenger car for China, the world's fastest growing vehicle market. Mr Tata declined to name the prospective Chinese partner, but
      Reuters; REUTERS  -  455 words
    • 151 15 Reuters [BOMBAY] Britain's Standard Chartered Bank (Stanchart) will acquire the Indian operations of Japan's Sumitomo Mitsui Banking Corporation in a bid to strengthen its corporate banking in India, the banks said on Monday. Sumitomo Mitsui, which operates branches in Bombay and New Delhi, will
      Reuters  -  151 words
    • 424 15 It also seeks more area for exploration in Rajasthan state Reuters. Bloomberg [NEW DELHI] British explorer Cairn Energy hopes its Indian discovery will yield more oil than the current estimates but the company is shy of raising market expectations, chief executive officer Bill
      Reuters.; Bloomberg  -  424 words
    • 362 15 But it will spend US$700m to widen its network in India Reuters. Bloomberg [SINGAPORE] Bharti TeleVentures Ltd. India's sec-ond-largest mobile services firm, has no immediate plans to offer a bigger stake to Sing Tel, which at present owns 28 per
      Reuters.; Bloomberg  -  362 words
  • Page 15 Advertisements
    • 10 15 Lianhe ZaobaoJ Titties aims to 1 addressl I'mmSl <•■"1 I
      10 words
    • 1149 15 QCI) Chuan Hup Holdings Limited (Incorporated in the Republic of Singapore) Co. Reg. No. *****0572R Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the THIRTY-FOURTH ANNUAL GENERAL MEETING of the Company will be held at The Board Room, 390 Jalan Ahmad Ibrahim, Singapore *****5 on 22 October 2004
      1,149 words

  • ASIA-PACIFIC/WORLD
    • 507 16 Conference Board index shows Americans worried about jobs market Reuters, Bloomberg [NEW YORK] US consumer confidence edged lower again in September after falling in August, as persistent worries about the job market weighed on sentiment, a report showed yesterday. The Conference Board, a
      Reuters,; Bloomberg  -  507 words
    • 472 16 Bloomberg [BANGKOK] Thailand's central bank has given state-run Krung Thai Bank pel three days to scrap the appointment of Viroj Nualkhair for a second term as president after bad loans surged at the country's second-largest lender. The central bank may be
      Bloomberg  -  472 words
    • WORLD WATCH
      • 57 16 AFP [WASHINGTON] President George W Bush has narrowed his lead over his Democratic rival John Kerry by three points among likely voters to 51 to 45 per cent, compared to the first week in September when he was nine points ahead, according to a
        AFP  -  57 words
      • 52 16 Bloomberg [NEW YORK] JPMorgan Chase Co, the second-biggest US bank, agreed to buy a majority stake in hedge fund company Highbridge Capital Management to gain a larger foothold in the fastest-growing part of the asset-management business. Highbridge oversees about US$7 billion for
        Bloomberg  -  52 words
      • 53 16 AP [WASHINGTON] Coming to cash registers near you: colourful new US$5O bills sporting splashes of red, blue and yellow. The bills, the second denomination of greenback to get the colour treatment, were going into circulation yesterday as part of the US government's continuing effort to
        AP  -  53 words
      • 82 16 Bernama [ABU DHABI] Foreign investors will be allowed to own up to 70 per cent in investments in UAE companies if a new federal law currently being prepared is endorsed, according to the United Arab Emirates (UAE) news agency WAM yesterday.
        Bernama  -  82 words
      • 63 16 Bloomberg [SYDNEY] Newbridge Capital, a US buyout firm, bid Asl. l billion (Ssl .3 billion) for Australian Leisure Hospitality Group. The country's biggest pubs owner recommended investors accept the offer, after rejecting an earlier bid by retailer Woolworths as too low. Newbridge offered A 53.05
        Bloomberg  -  63 words
      • 77 16 AFP [PARIS] Coca-Cola's new chairman and chief executive Neville Isdell warned in a newspaper interview yesterday that turning the troubled US soft-drink group around might take two years. Mr Isdell acknowledged in the Financial Times that this timetable would raise criticism
        AFP  -  77 words
      • 111 16 Reuters [LUXEMBOURG] The European Commission made a bad call when it blocked a takeover bid by US telecoms firm World Com for rival Sprint four years ago, a European Union court ruled yesterday. World Com and Sprint wrote to the Commission
        Reuters  -  111 words
      • 76 16 Bloomberg [LOS ANGELES] Colony Capital took a giant step towards becoming a national casino company on Monday when it announced it would purchase four gaming properties for US$l.24 billion. The Los Angeles-based private investment firm said it would buy the Atlantic City Hilton
        Bloomberg  -  76 words
    • 511 16 They will jointly bid in the auction for troubled Adelphia LAT-WP. NYT [NEW YORK] US cable operators Comcast Corp and Time Warner Inc are jointly pursuing a bid to buy all or some of financially troubled rival Adelphia Communications Corp, whose founder
      LAT-WP.; NYT; BLOOMBERG  -  511 words
    • 339 16  -  Healthy track records and fund sizes drive growth By SIOW LI SEN HEDGE fund assets in the Asia Pacific doubled to US$47 billion in the 12 months to end-June, and the strong growth is expected to continue. Singapore, too. saw strong growth. Hedge
      339 words
    • 234 16 Bloomberg [BANGKOK] Thai Petrochemical Industry's financial creditors accepted a new proposal to reorganise the company's U552.75 billion debt, a move that may help some of the country's biggest banks cut their bad loans. A panel of creditors including Bangkok Bank and Citigroup Inc,
      Bloomberg  -  234 words
    • 248 16 Bloomberg [SCHAUMBURG, Illinois] Motorola Inc, the world's second-largest maker of mobile phones, said it will cut 1,000 jobs and take a charge of US$5O million for severance costs as the company prepares to spin off its chipmaking business. Staff reductions, accounting for
      Bloomberg  -  248 words
  • Page 16 Advertisements
    • 327 16 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 THE SUGAR VAULT PTE LTD MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company convened and held at 1 Jalan Puteh Jerneh, Singapore *****5 on 28 Sep 2004, the following resolutions were duly passed: 1. SPECIAL RESOLUTION WINDING-UP That
      327 words

  • WORLD
    • 651 17 Stocks also hurt by concerns over earnings, analysts' downgrades Reuters THE blue-chip Dow Jones Industrial Average closed below 10,000 for the first time in about six weeks on Monday as a spike in oil prices to nearly US$5O a barrel renewed
      Reuters; AFP  -  651 words
    • 490 17 AFP [SYDNEY] Tycoon Rupert Murdoch's plan to move his News Corp media empire headquarters to the US state of Delaware hit a major snag yesterday as an alliance of pension funds branded it unacceptable. News Corp is seeking shareholder approval to
      AFP  -  490 words
    • 250 17 Reuters [WASHINGTON] An e-mail "phishing" scam that tries to dupe Smith Barney customers into handing over their automated teller machine codes is circulating on the Internet, authorities warned on Monday. In what may be the first phishing attack on a major brokerage, the US Securities
      Reuters  -  250 words
    • 223 17 Reuters [NEW YORK] Computer Associates International Inc on Monday said it has revoked home security and office support benefits to former chief executive officer Sanjay Kumar, who was indicted last week on charges related to a US$2 billion accounting scandal at the company. The
      Reuters; AP  -  223 words
    • 820 17 Her age and talent make her a legitimate contender for the post of chief executive [NEW YORK] The newly appointed number two at Citigroup, Sallie L Krawcheck the former equity analyst recruited to the bank to clean up its research
      BLOOMBERG  -  820 words
    • 266 17 Reuters [NEW YORK] Struggling companies are better off grooming an insider to succeed a departing chief executive than seeking a successor from outside, according to a new study. Promoting an executive from within, rather than bringing in an outsider to try to
      Reuters  -  266 words

  • AVIATION
    • 580 18 Higher fuel prices set to wipe out profits from rising passenger traffic Reuters. Bloomberg [MONTREAL] The global airline industry stands to incur losses of between US$3 billion and US$4 billion this year as'surging oil prices wipe out any hope of profit created by rising passenger
      Reuters.; Bloomberg; AFP FILE PHOTO  -  580 words
    • 463 18 Reuters [LONDON] European airlines hoping for a 2005 recovery face new hurdles as record high oil prices threaten to drive up costs and fuel surcharges for passengers, officials said. Crude futures hit record highs on Monday, touching off new fears that jet
      Reuters  -  463 words
    • 195 18 Reuters [MONTREAL] Air Canada has agreed to buy US$B2l million worth of Canadair Regional Jets from Bombardier, the companies said on Monday. The Montreal-based airline, set to emerge from bankruptcy protection tomorrow, said it agreed to order 15 of Bombardier's 70-seat CRJ7OO
      Reuters  -  195 words
    • 1858 18 CITY FLIGHT HA RIGHT FTD CotoMbo SQ401 0730 EK349 0030 LJ EK6174 1430 UL2349 0030 BA7»1 1840 LH9770 2300 uu12 1430 EK6173 1530 LH977 1840 5Q229 2300 U13!2 1530 J3S1 J5J5 CX735 1855 SQ230 1840 SQ402 2240 SC > 461 1400 SQ* 62 0200 Capanhagan SQ351
      1,858 words
    • 210 18  -  By VEN SREENIVASAN [SINGAPORE] Qantas chief executive Geoff Dixon will be in town to launch the third Singapore-based lowcost carrier (LCC) and introduce its key officers today. Jetstar Asia, a 49.9-per cent owned Qantas associate, is taking delivery of its first aircraft
      210 words
    • 475 18 Reuters [PARIS] European plane maker Airbus is thinking seriously about developing a rival to Boeing's planned 7E7 jet that would have more seats and be based on technologies developed for its A3BO supeijumbo jet In an interview with French financial daily Les Echos. Airbus
      Reuters  -  475 words
    • 266 18 Reuters [ROME] A union representing dissident workers at loss-making Italian airline Alitalia warned on Monday of possible labour unrest if management pushes ahead, as expected, with a painful restructuring plan. The Suit union, which represents 2,400 flight attendants and ground staff, said proposals to
      Reuters  -  266 words

  • SHIPPING
    • 721 19 LAT-WP [LOS ANGELES] The Panama Canal, seen by some as an alternative artery to get around the clogged ports of Los Angeles and Long Beach, appears to be in need of a bypass procedure itself. With record amounts of cargo being
      LAT-WP; FHi PHOTO  -  721 words
    • 452 19  -  It also adds S'pore-based shipbrokers to key reporting panel Report By DONALD URQUHART [SINGAPORE] In a bid to enhance its Asian coverage and boost its presence here, one of the shipping industry's oldest institutions The Baltic Exchange is sharpening its focus on tanker trades
      452 words
    • 517 19 [SINGAPORE] In a bid to push along the growing market for freight derivatives following success in the dry cargo sector, The Baltic Exchange is actively promoting the use of tanker forward freight agreements (FFAs), with a potential annual market turnover of US$66 billion. Freight derivatives,
      517 words
    • 410 19 Reuters [LONDON] Britain's Peninsular Oriental Steam Navigation Co will cut up to 1,200 jobs and slash services in a plan to salvage its money-losing ferry business, which has been hit by competition from low-cost airlines. P&O, whose ferries carry passengers and freight
      Reuters  -  410 words
    • 937 19  -  STRAIT TALK By DAVID HUGHES LAST Friday was the final day of a conference that was intended to prepare the ground for what is being described as a "Seafarers' Bill of Rights" for some 1.2 million maritime workers. More than 550 delegates
      937 words
    • 273 19 Source: BRIDGE sex SgM SS *iCH Offshore __..039 OjOI 6536 Chuan Hup.... —041 unch 2856 Coko Investment 1X10 0.02 ***** CWT Distribution .0.51 undi 24 EzraHldgs 1.12 0.02 609 Freirttures. 0.10 -0.01 554 Grand Banks Yadit .0.80 unch 0 Java Holdings 1j00 unch 2030 Kf Venture I.. .038
      Source: BRIDGE  -  273 words

  • EDITORIAL & OPINION
    • 533 20 EDITORIAL WITH the public debate on whether Singapore should open up to the casino gaming industry now raging, it is worth setting out some of the issues that would need to be considered in making the decision on whether and how the industry should be
      533 words
    • 1415 20  -  While opponents overplay the social costs, legalising gaming has more benefits to offer Singapore's economy VIKRAM KHANNA Associate Editor The opponents of the establishment of casino gaming in Singapore (for example, Alan Lim in BT, Sep 27) have come up with a number of cogent arguments,
      AP  -  1,415 words
    • 1380 20  - Be cautious —and have two casinos BY RONALD TAN I HAVE been following the arguments over the past six months on the wisdom of having a casino in Singapore. Many well-written articles against a casino have appeared. Some of them have expressed fears of yet another "gaming" activity (a better
      1,380 words
    • 1139 21  -  The people have voiced their demand for political change By THANG D NGUYEN On 20 September, roughly 125 million Indonesians turned out to select their next leader in Indonesia's first direct presidential election. An exit poll by the Washington-based National Democratic Institute by late Monday
      REUTERS  -  1,139 words
    • 425 21  -  LETTERS TO THE EDITOR Yeong Wai Cheong, CFA Singapore I REFER to the article by Alan Lim (BT, Sept 27), which says that a casino has no place in Singapore. It cites a Professor John Kindt, who argues that social costs of gambling
      425 words
    • 271 21  -  Narayana Narayana Singapore I HOPE nobody will read into Denis Distant's letter ("No use opposing casino proposal", BT Sept 23) a sign of support for establishing a casino. To answer points raised by him, for the record, the 4-D lottery goes too far back
      271 words
    • 720 21  -  THE BOTTOM LINE FRANK CHING A KEY policy document endorsed by the Central Committee of the Chinese Communist Party at the same time that it approved Hu Jintao as Jiang Zemin's successor as the country's top leader calls for urgent steps to enhance
      720 words

  • Page 21 Advertisements
    • 119 21 HAVE YOUR SAY Fax your letters to 6319-8277 or email them to btietterOsph.coiTi.sg or write to: The Business Times, SPH HQ, 1000 Toa Payoh North, Podium Level 3, Singapore *****4. We need your full name, address and telephone number for verification. Please use temperate language, and bear in mind libel
      119 words
  • Page 21 Miscellaneous
    • 225 21 CRYPTIC CROSSWORD ns.de fast 1 < 7 28 A coat that will last longer? (7) jn YESTERDAY'S SOLUTION DOWN 8 M< e e ,ted M monarch a Across: Kenda 5 Siberian, 9 1 Spot non-drinking egghead ic SSVffif Pntlv exoerienced sud- Streamer, 10 Bedsit, 11 Helsinki, 12 getting involved in
      225 words

  • 8014 22 STRAITS TIMES INDEX STOCKS 1 O— a— Mi.1 i m a— AllgreenSOc 032 t.120 *0.010 Not 2.03 2.790 8IL Intl US20c 0.46 0.975 *0.005 OCBC ia72 13.900 *0.200 Caprtatand 1.23 1.810 *0.050 ParicwayH2Sc 0.64 1.340 -Q.Q1Q Chart SemiCond 26c 0.81 1.040 +0.010 People's Food HK50c 0.36 1.160 City
    8,014 words

  • 5602 23 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES tatocalcarr kit HUM *dy**T*dy%yT*(#]r %r >«d— Chi— Chaw— Chan— Oianf Chui Chan— WaMtodahtfwMi 7853 05 OJ -C3 -03 -0-5 00 tEAfthgfawrMry 721-2-06 20 <3 00-05 OJ Cwpptft*HMt 987.7 -06 2.1 -OJ 05 -04 OJ *dk 6244-05 A3 -OS 09-07 13 E»Ufl 7386 -05
    5,602 words

  • Page 24 Advertisements
    • 1825 24 TO USA/CANADA j I EXPORT I I OTHER DESTINATIONS I |VBSR VOY |W6 ETA SM| LONG KAQ<|PAIIAS| HOUSTON MEMPHK CHICAGO HEW YOM TO MffTRMJA ffWßTffrtl.lfl Atlft rrTfllFlii) 1 OOCL NINGBO MHO OMIT 01/10 I 17/10 23/10 24/10 22/10 22/10 25/10 ""voTl'TfTyrsSr jyn 000. HAMBURG 06E41 OMIT 04/10 I 22/10 28/10
      1,825 words
    • 746 24 Im—MM hmih» r r— mm—vw%tm f vbsr/vot wwni h—i ne jkh u> si jp siumyaiuK/ii is u n/n a/w a/o» 01/10 w/io siurcvanitE/12 is 12 02/10 01/10 10/10 12/10 |sronsvßmiK/)3 is 12 iyio wio 21/10 I H/10 m/io h»«TAm/ttNo*iiOiom~ resa/VOT I MMTffT) HB6WT(M) T0« KH KHH W I ill ITO
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  • Page 25 Advertisements
    • 781 25 For Schedules, BL Seorches, ond Container Tracking, visit on our Home Poge WWW.moJsin.CQfn.sq r www.hamburßsud.toin I AttfSaVKIIIPOm »Mkhi HrthrltSUWl.tttl eSAfE SERVICE (EXPORT) Iwtoo Hth* M77-2U3 sasss SH W mwr ST" *w «sr -M* Pa«T»>» 13AW M/ 10 21/10 h-f 6evini 105W 13/10 17/11 W/ll H/11 Hafn—iMHi u/ia p/» naiiiTW iyio
      781 words
    • 1124 25 *ssa m jh(_ _jr_ m_ jow jc_ jmj_ _fus_ rasa voy sim jkt sui hkg usw pus HTUWMIHIO6E QMS 30fl 2/10 7/10 t/10 11/101V1013/10 KMTCJAKAKIA 413S 3/10 4/10 7/10 12/10 14/10 17/10 HY VLADIVOSTOK lOS 7/10 t/10 14/10 11/10 11/10 20/10 20/10 KMTC KEELUIOG 414S 10/10 13/10 14/10 If/10 23/10
      1,124 words
    • 817 25 WEEKLY EXPRESS SAMJNG SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS vasa VOT HM |pjaAM6|coU>Mßo|iisMv>|q)MMßo uumm WLJIX. OMT MOO HOP won wwott ooiw 04 oo moo woo hop is on WSTIMMRPK M9KL _LLQfI L3JKI HJQ ~¥ocf~ won mrmu ytwosi noo moo aoo moo woo MDMAWOH 0007W 25OCT 7700
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  • Page 26 Advertisements
    • 1135 26 lftjUlf WALLENIUS WILHELMSEN website: bttp://www.2wglobal.com vissa ik map wow iu i>y hi ob mt ibii »oi THUS AM 19 *****ws MM I 02/10 24/10 OS/11 10/11 11/11 15/11 13/11 17/11 07/11 TOIA AI4IO 4001 m 6.3 M I 04/10 10/11 13/11 12/11 14/11 IUBUM AF42O ***** m 4.4 M 14/10
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    • 1127 26 rasa m M ESI JflßSft m an «r pac mnoa u®zm am jazss— jismi im nzu of 230 i ma. 30/w 02/10 _numi mi g/n iuu PMIAMPA l»M 01/10 >1/10 MiiliTi 7 llli B2ZIII fIS/lfl paoahpa \*m 02/ To 03/10 4us oyio _oj/io mum lain aizifi 04/10 Of 2301 003SP
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    • 179 26 ma mi i i dktwatiom FORTUNE I 31/04 30/0* 01/10 (EUTUNG/PRLIALAM UNTY 32/04 01/10 02/10 JAMM/PORNUM) MAHAtW 10/04 04/10 ot/1* PALEMOAN6/PAKJANG SMOPA 14/04 KNOT N/09 RBAWAN/IHORMAWE PUUUIWH 00/04 04/10 OA/10 SAIANG/MAUMATATI WATI OAK 21/04 OS/10 07/10 Mum/ftum VIM VOT HA np PKTWATMN F AJAR MAS l*/04 IN PORT 30/09 JARARTA/CKAMIK
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    • 501 26 MYANMA IBH FIVE STAR UNE WjMmm NaHcad Um) Loefef for Ym|m vissa VOY SM PKI PEN PGU PAGAN 332W Sl* HM-AN 376W 24/09 IN MALAYSIA: OOUSTEAD SHIPPING AGENCIES MIL 03-*****300 PKL 03-*****101 PEN; 04-2****** ACCEPTIiQ COiVEITIOiAL CtO NKG SM HKG SM PGU PU KUC DON NEAT 121 SU SU SU
      501 words

  • Page 27 Advertisements
    • 1018 27 rm (H 1)- awNitssss! 11 I I clnter as ia dimes ytmE&m falSSt? IRBE IwioalrolMu nol tmTmsT?bT«m wbb w|hi ft imwoan no ro» WAM HA1307 5022 27/W 2«/W 21/W 30/01 01/1# OVIO 01/10 10/10 MOtOHMnY NOII 01/10 03/10 07/10 Ti7ts 11/10 12/10 13/10 lW MOlOttß 5250 03/10 04/10 05/10 04/10
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    • 204 27 I fp n CARRIERS lit MYANMA! EXKUS SItVKI |vßgt lT ll»TD^s7ili^sj«6«7oipo»r«UM jwHOMG wmmS os/iohh 1 n/?o Sow j is/'ohh ICBHQWO emim I n/mm w/itimii w/mm 1 i*i mini hud my suum si»t»ro«E BjjM, a .a. jg.i jj^i ■Ml IH m M/M 10/lt 14/11 gaaff IWIAIUMS «M 14/10 tl/l> M/H KNOAKOI
      204 words
    • 698 27 I /7~1 I IMCC MM TH: *231-1333 FAX: 4121-***** I /rjy\ LiIIHCO customsoma:m;MJi-55Hhu*****41*0 I I /CJ£m\ SINGAPORE: TONS JOO SMPPING PTf LID 'I WMte wwwfUMMMi I |mka—ss|«oo|io/io I i»/ii Iwswh [4*1127/10 Iw/io lraam» Kuln/u lu/iolwnmnsmi its 111/111 iyn II iwaa W maul tni uu wn rasa W|m«| wwi ~m~ vtssa
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    • 725 27 SHUSH _M5-^Wja^BM^B HBBHiran!^^22oll?Mft^^s37/l^Wl^ ■ffRffIIIGEKSEA 221 M 03-04/10 09-11/10 17-11/10 HUiiMWTiGawAVE 222* 06-06/10 12-14/10 19-20/101 KnUBIKBtKAItL 223N 09 10/10 15-17/10 23-24/10 1 ■■■■■TIGER SKY 224N 12-13/10 19-21/10 24-27/101 TICK SEA 22SW 17-11/10 23-25/10 31-01/11 iAISAM 142 M-3MH nUH/I^ST/l^ ■MffIRMACHIEVR 151 03-04/10 n-13/10 21 22/10 I ■WyilflTlGEß SPIRIT 092 05-06/10 12-14/10 22-23/10
      725 words

  • THE BUSINESS TIMES SHIPPING TIMES
    • 6886 28 m m-. "ZT K 2SE s Si.- JSC IMMMMHNMHHIMHHMNRHnHnHnMMHNnMRMHMMMMHMnMNMMI 16 ABIDJAN (ABJ) 2003 Cote D h/oir. E R 07/10 1*11 China Shpg PERTH BRIOGE 064A *****698 JL., Ff nC 1*10 03/11 DHmas GABYDELMAS 442W *****344 10,10 28,10 LU0WIG5HAFEN EXPR£ 79W39 *****123 11/10 19*11 Chin.Shpg
      6,886 words

  • MOTORING
    • 572 29  -  BT exclusive HNH International and two others to go ahead By SAMUEL EE THE Land Transport Authority has approved eight applications to run export processing zones (EPZ) and The Business Times understands that at least three companies have decided to
      CHRIS LOH  -  572 words
    • 972 29  -  Weak resale market keeps motorists from buying new cars By SAMUEL EE LAST week's bumper addition of COEs is likely to drive premiums down, perhaps to even below the $20,000 level, according to .some people in the motor trade. They speculate, privately,
      972 words
    • 270 29  -  By SAMUEL EE AUTHORISED Nissan distributor Tan Chong Motor Sales is planning to pick up the gauntlet and take on Honda in the MPV market very soon. The Business Times understands that Tan Chong is likely to bring in the Nissan Presage multi-purpose vehicle
      270 words
  • Page 29 Advertisements
    • 58 29 Prime Industrial Land For Sale Alexandra Road ~n 60m frontage \n&\ 2 separate plots 41,000 sq ft each OM l*"^! 1 Vacant possession Private treaty 7 r^sssT"- 7 *43 years lease /y—~Mm. "w// >ggs (t—/[_\ CBRE Te 1:*****181 cb richard ellis g(~flfering childcare services? 1 Call our C.A.T.S. hotline at
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  • EXECUTIVE MONEY
    • 956 30  -  When investment styles start to segue into one another and fund names don't help, Upper's attempt to class funds based on actual holdings will help clear the air for investors. GENEVIEVE CUA reports GENEVIEVE CUA CHOOSING from over 1,000 unit trusts is bewildering, and it
      956 words
    • 3641 30 UNIT TRUSTS FUNDS CrodK AgrtcoM AaMt Mgt S'pore Ud CAAM Asia Vision Fund!" 1.0460.099 1436/1493 Star Europe Eqty! 0.717 nlS2 Star Europe Bond UW ffiSSffffLrT 097W Star Europe Bal 103# j'jenjS ggss"* SSL Star Asia Balanced 0.922/ Sheoton InowyKlCO) g.«9««5 Star Global Technology Fundi" 0182/ Shenton Aaa/acfc!" 0*21»*54 Star Bhv
      3,641 words
    • Article, Illustration
      1086 31  -  MONEY MATTERS As investors tire of technology and the global economy slows, the energy sector may be worth a look JOSEPH CHONG AT a recent roundtable discussion of fixed-in-come securities organised by The Business Times. I expressed the contrarian view that the underlying trends were still disinflationary and
      1,086 words
    • 266 31  -  By Chua Boon Lee Despite a praw*>g sat to 2004 boosted by mounting wttreeofasyndronised global recovery Iwestore in high tetralogy companies beat a hasty retreat In --5 2H04 A* to dbappointing earnings guidance from Industry stalwarts sudiasOsco and HP. Fund managers of this volatile sector were to delver positive
      266 words
    • 946 31  -  YOU AND THE TAXMAN SMEs benefit most from IRAS' Sept 14 easing of some tax depreciation allowances By POKSOY YOONG, ANGELA TAN OVER the last two years, the Inland Revenue Authority of Singapore (IRAS) has issued a record number of tax circulars. Simplifying the tax
      946 words
    • 982 32  -  Poor returns, increased scrutiny and investor disappointment could lead to a shakeout in the hedge fund sector, writes GENEVIEVE CUA GENEVIEVE CUA TRENDLESS markets have dented hedge funds' returns this year, and more questions are being asked about their ability to generate value given the
      982 words
    • 707 32 Reuters [LONDON] Not for the first time, foreign investors are getting worried that Japan may be about to disappoint them. With recent data suggesting the country's economic growth is fragile rather them strengthening, what has been for much of this year
      Reuters  -  707 words
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  • Page 31 Advertisements
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    • 99 31 NORTHERN INDIAN BUFFET AT NEW PARK CAFE 2 Available nightly, 6.30pm to 10.30pm r Be impressed by our Master Chefs tantalising array of Northern Indian s P ec a t es suc h as Hydrabad D Bryanni, Chicken Makhani, Ran PARK Rattani (lamb leg) and many other choices to feast
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