The Business Times, 13 June 2005
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2005-06-13
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The Business Times
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Title Section17 2005-06-13 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asia 1 .com.sg MICA (P) 089/03/2005 Monday, June 13,200517 words
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Article, Illustration586 2005-06-13 1 DONALD URQUHART - Cash deal will yield S$1.2 billion gain for Li Ka-shing's Hutchison Whampoa group By DONALD URQUHART [SINGAPORE] PSA International has made a billiondollar foray into the heart of Hong Kong's container handling empire at Kwai Chung, taking stakes in two of Hutchison Whampoa Ltd's586 words
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1067 2005-06-13 1 DANIEL BUENAS - Returns vary from 28% for one year to 3.6% for 10 years By DANIEL BUENAS [SINGAPORE] Some investors follow market movers and high-profile investors like Oei Hong Leong and Koh Boon Hwee. Others turn to chartists and brokers' reports for directions. But how would an1,067 words
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Page 1 Advertisements
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Advertisement31 2005-06-13 1 BitfT Asia boom to help lilt chip gloom PG32 c":. I#lll^ DEBT write off for If China revalue^fl .JM "'AM ft Asia must take aie VIKRAM KHANNA PAGE 2 v mammmmmmmm31 words
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Advertisement14 2005-06-13 1 VIEWS FROM THE TOP HH CEOs on what determines wages in their organisations PG914 words
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Advertisement217 2005-06-13 1 HOCK LOCK SIEW Curbing syndicate manipulation on SGX PG4 At Rabobank, we see opportunities in With more than €475 billion in assets, we are in the Food Agribusiness sector beyond a P° sition t0 offer v° u the so,idit y and securit y of rural credit. We believe that there217 words
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TOP STORIES
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Article, Illustration837 2005-06-13 2 VIKRAM KHANNA - Asia is part of an increasingly integrating production chain in concert with China, and it must follow China's lead in the area of currency policy VIKRAM KHANNA Associate Editor OVER the weekend, a chorus from the group of eight industrial countries meeting in837 words
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Article, Illustration740 2005-06-13 2 NEIL BEHRMANN - US$55b of poor nations' debts cancelled; yuan issue omitted from statement By NEIL BEHRMANN in London FINANCE ministers of The Group of Eight (G-8) industrial nations believe that "vigorous action" is required to keep the global economy growing and to counter highAP - 740 words
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384 2005-06-13 2 ALEXANDRA HO - By ALEXANDRA HO [SINGAPORE] Singapore investment company Temasek Holdings continues to mop up assets in the region, with many deals showing a bias towards the pharmaceutical/ healthcare industry. UOB Kay Hian analyst Lawrence Lye gives a clear reason why the sector is attractive. "Every384 words
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Article503 2005-06-13 2 MCL Land buys half of Landmarks unit MCL Land, the property arm of Jardine Cycle and Carriage, has agreed to buy a 50 per cent less one share stake in Malaysia's Landmarks Land Properties (LLP) for RM77.9 million (5534.2 million). LLP, which is a unit of listed landmarks,503 words
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Article64 2005-06-13 2 MARKETS Week Chge STI .2220.43 +27.76 KLSE COMP 890.02 +24.14 NIKKEI 225 *****.23 +4.18 HANG SENG *****.76 ....+116.31 SET INDEX .679.98 +3.28 JAKARTA COMP ...1096.93 +4.43 MANILA COMP ....1937.18 -85.31 TAIPEI TAIEX 6192.35 +84.40 SEOUL COMP 990.79 +14.70 SHENZHEN B .228.50 +16.88 AUSTALLORD 4180.00 +30.80 DOW JONES *****.6364 words
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Page 2 Advertisements
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Advertisement73 2005-06-13 2 H|^ can Freshly brewed coffee a simple touch on an interactive touch-display panel. H|H Equipped with the innovative Saeco Brewing System, Saeco's stylish and elegant automatic HH rr ri espresso machines ensure high performance. r\ HH i With so many features packed into a Saeco machine, preparing great tasting coffee73 words
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Page 3 Advertisements
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Advertisement447 2005-06-13 3 i T* .<■ i f"' f vff j a. 'T.-f B M g 0 fcww^Mi**' 1 1 M iy mIImI ff J a jbmh®*' *> THE GRASS Pelepas FREE ZONE offers land and customs formalities are required for all ready4Nillt warehouses for distribution, B® JE I I I FREE ZONE447 words
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COMPANY NEWS
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423 2005-06-13 4 NANDE KHIN - Malaysian firm owns tracts of land in Bandar Wangsa Maju in KL By NANDE KHIN MCL Land, the listed property arm of Jardine Cycle Carriage, is buying 50 per cent, less one ordinary share, in Malaysia's Landmarks Land Properties (LLP)423 words
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Article, Illustration423 2005-06-13 4 AFP AFTER boldly stating he intended to rival Apple's Steve Jobs as the world's leading maker of portable music players, Creative Technology founder Sim Wong Hoo is now facing his toughest challenge, analysts say. The Singaporean, whose sound cards transformed the home computer intoAFP - 423 words
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359 2005-06-13 4 Bloomberg SINGAPORE Airlines (SIA), Asia's most profitable carrier, will continue to push for access to the AustraliaUS route, a spokesman said, responding to Australia's deferral of a decision on opening the Pacific route to competition. "We will continue to press the Australian governmentBloomberg - 359 words
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464 2005-06-13 4 LIZA LIN - HOCK LOCK SIEW By LIZA LIN Malaysia is taking steps to crack down on syndicate manipulation on its Second Board, where two weeks ago the index came close to a seven-year-low. In an unprecedented move and one which few people would have predicted Malaysian Prime464 words
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171 2005-06-13 4 Reuters [ISLAMABAD] Police arrested scores of Pakistan Telecommunication Ltd (PTCL) workers who called a strike to protest government plans to sell a stake in the telecoms giant, trade union leaders said yesterday. The industrial strife comes less than a week before bidding opens forReuters - 171 words
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Article, Illustration463 2005-06-13 5 ROLAND LIM - It sees business growth despite weak industry outlook By ROLAND LIM THE outlook for the semiconductor industry this year may be muted but Flextech Holdings chief executive Alex Onn is betting on the growing demand for consumer electronics to fuel the company's growth. "Despite itCHRIS LOH - 463 words
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220 2005-06-13 5 NANDE KHIN - By NANDE KHIN PAYROLL technology firm Integra2ooo has warned of lower profits for the six months ending June 30. In a statement to the Singapore Exchange on Saturday. Integra2ooo cited "delays in the completion of several major projects in the220 words
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Page 4 Advertisements
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Advertisement279 2005-06-13 4 Korea is in a position of strength to transform its technological expertise and leading-edge innovations into viable businesses worldwide. In two powerful exhibitions here in Singapore and Korea participants with the potential to invest will explore new markets, discover breakthrough technologies and more. So if you are looking for investment279 words
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Advertisement164 2005-06-13 4 \l* j|J gyV r Global Corporate Services Company Formation Foreign Direct Investment Virtual Offices Since 1975 OCRA Worldwide has been providing offshore incorporation and administration sokibons for Astan and International businesses. We have been at the forefront of corporate and financial trends in China and lead the field in foreign164 words
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Page 5 Advertisements
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Advertisement100 2005-06-13 5 LIFE WELL DESIGNED. GRAND HYATT j fg/M AMMAN ANKARA (2006) BALI BANGKOK BEIJING BEIRUT (2008) BERLIN CAIRO DUBAI FUKUOKA GUANGZHOU (2007) HONG KONG JAKARTA MELBOURNE MUMBAI MUSCAT SAO PAULO SEOUL SHANGHAI SINGAPORE TAIPEI TOKYO I Booster Capital Guaranteed Fund I IWMIBIM Double Joy Capital Guaranteed Fund USD RID 02/06/05 9.73100 words
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SINGAPORE MARKETS
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Article, Illustration717 2005-06-13 6 R SIVANITHY - STOCKS R SIVANITHY Senior Correspondent RESEARCH analysts have an unenviable job. Like journalists, they have to keep abreast of what's happening, and at times even try to be ahead of events. If they get it right, they receive little gratitude since results are717 words
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Article528 2005-06-13 6 Paymaul la looks Pay P«ym«n t> looks Pay lail Ms tiSH «S_ iSSL AberdeenUKlOp I 22p iM*a» 15-Mt MfSTechlOc w 0« tt*n 1 u» Kkj AmaraHMg»2D£ t UJC ®JU1 14 Jim 28jun MxlasHldgs4( a 025 W»< I2-4J >> w APOOrpwariM I >4N KMi, 02Jun <3Jun OCBC a *****528 words
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Article65 2005-06-13 6 APB Breweries's dividend payment, Jun 13 Unifood's dividend payment, Jun 14 F&N's dividend payment, Jun 15 Food Junction's dividend payment, Jun 15 Low Keng Huat's dividend payment, Jun 17 Ossia Intl's dividend payment, Junl7 Tan Chong Intl's dividend payment, Jun 17 Chip Eng Seng's dividend payment, Jun 2065 words
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683 2005-06-13 6 CURRENCIES AFP [HONG KONG] Theyen fell back against the dollar in the middle of last week after US Federal Reserve chairman Alan Greenspan suggested there would be no pause in the US central bank's rate-boosting cycle. The Australian dollar was meanwhile expected toAFP - 683 words
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Article, Illustration864 2005-06-13 6 COMMODITIES: WEEKLY ROUNDUP AFP [LONDON] The prices of metals dropped last week as the dollar firmed, while oil extended gains and coffee fell from five-year points. The Comrao&tfes Research Bureau's 17 commodities*' fell to 303.02 points on Friday, from 306.13 week. Gold: Gold pricesAFP; REUTERS - 864 words
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Article, Illustration434 2005-06-13 6 OTHER SINGAPORE INDICES Jun 10 VALUE CLOSE BT OB/OS 505.00 4158.00 BTCAPI -*****.00 +150.00 BT 10-day MA -*****.00 +51.00 All-SG Equities 567.79 +4.00 SG Equities Elect 142.22 +1.33 SG Equities Fin 1635.36 +16.45 SG Equities Prop 549.39 +7.29 SIMSCI 262.24 +2.07 SiMSCi Futures 261.60 +0.30 MOST ACTIVE STOCKS VOLUME Accord434 words
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Article, Illustration1051 2005-06-13 8 ROBERT HALILI - INSIDE MARKETS But watch Suntec Reit as Li Ka-shing who does not usually raise cash via market sales, slashes his stake, says ROBERT HALILI ROBERT HALILI BUYERS were more active than sellers for the week ended June 10 with 27 firms recording 57 acquisitions versus1,051 words
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Page 7 Advertisements
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Advertisement41 2005-06-13 7 your Dream Future World Best Jmrb o j *'Y \\«l r USMf A.I. fJi I! 3flH£^^^^B^^SM^E"^sß^^^Ht9^^^^BSL-^^^MPl^elrels"'*:!£^Hi«22srS?^^^^^BMA^H s ■BHliii <d3HflflL*. B^lflßHßs3lEßKßi^^^^^B BH ll^Bllh^^^H l lli^P B S stx JIB;> B^^^jB a !!^Bi^^^^BH^il*l^HaSio^BK^^^^?Sßlßl^HfißBi!!bA^B MM ■r mSj i(TOi s w^mnsEmlflSKiSimflm&iiiismmSisfsfflSl^^^^^^^^^^^^^^^^^^^^^^^M JC__ jlr nF H41 words
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Page 8 Advertisements
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Advertisement129 2005-06-13 8 i. yp«, I Jt* ■> i > \<p^h~ ■H|HHHH A^Mfl^viFi iti w a.|V A few words about the people behind the first E-passport system in Asia Pacific. The first E-passport system in Asia Pacific under the ICAO (International Civil Aviation Organization) standard is in operation. This was accomplished by NEC's129 words
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Advertisement19 2005-06-13 8 For more information call your travel agent or Royal Brunei Airlines at 6235 4672 or visit www.bruneiair.com jtipRgYAL BRUNEI19 words
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VIEWS FROM THE TOP
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Article, Illustration1563 2005-06-13 9 THIS WEEK'S TOPIC "What key factors will determine the level and pattern of wages in your organisation and/or your industry this year? Do you think these factors will justify higher wage rises than last year's, particularly at the lower end?" THE only key factors that matter to1,563 words
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Page 9 Advertisements
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Advertisement80 2005-06-13 9 BTCEOse-Ctub Members of the BT CEOs e-dub are Singapore's top corporate leaders whom BTeditors would like to intfifact with in an atmosphere ofinfbrmafityand trust This'dub'is a virtual one>with interaction mainly via e-mail. Each week, we wi invite comments from these top executives on various economic and corporate issues. Their views80 words
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SINGAPORE NEWS
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Article, Illustration645 2005-06-13 10 LISA TAN - Inter-govt body report says industry is vulnerable to money laundering By LISA TAN THE Financial Action Task Force (FATF), an inter-gov-ernmental body that develops and promotes antimoney laundering and antiterrorist funding policies, has found loopholes in the global insurance sector that leave the industryFILE PHOTO - 645 words
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Article230 2005-06-13 10 DATE/ TIME EVENT VENUE 14-16 June CommunicAsia2005 Sum- Raffles City Conven9am mit tion Centre 14-17 June CommunicAsia2005/Enter- Singapore Expo, 1 Ex10.30am priselT2005 Exhibition po Drive 15 June ISEAS Seminar on Food Se- ISEAS Seminar Room I, 10am curity and Food Sovereign- 30 Heng Mui Keng ty: The Struggle230 words
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Page 10 Advertisements
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Advertisement57 2005-06-13 10 m ?|Kk m $Bs. < to |rou sayA jA wait by the gate." you'd wailt her to have the finest education even if it isn't medicine. yOU d W her Car<S r m re keen, y t ian y° u P ursue( yours. f Ono SC^ atB^ DDI nFMTIAI Always57 words
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Advertisement88 2005-06-13 10 To all Qompanies to be part of NATIONAL DAY CARNIVAL 2006 Carnival O Marina South Park In 7 Thamatic VMBqm 0-14 August 2006 tor The Biggest Carnival celebrating SINGAPORE -40 YEARS OF NATION BUILDING" Be it as a Sponsor Be it as a Co-Sponsor Be it renting a space for88 words
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DINING OUT
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Article, Illustration2138 2005-06-13 11 With new restaurants hogging the dining scene, how do older restaurants stay in business? We look at some restaurants over 10 years old that are still going strong, and find out that theirwinning formula is good food plus the X-factor. Shima Goodwood Park Hotel. Tel: 6734-6281 AFTER 25CHRIS LOH - 2,138 words
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Page 11 Advertisements
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Advertisement846 2005-06-13 11 Enjoy Exquisite Chinese Cuisine with Your Most Desirable Dining Partner Ah Hoi's Kitchen, Traders Hotel: 10% off on a la carte lunch menu. Hung Kang Restaurant 10% off a la carte menu upon presentation Shang Palace, Shangri-la Hotel: 2 x $20 return visit dining To 6031 4373 of UOB/Hung Kang846 words
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Advertisement16 2005-06-13 11 DINING OUT A sponsored series on fine dining experiences brought to you by UOB Credit Card16 words
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MAKING BUSINESS SENSE
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Article, Illustration1052 2005-06-13 12 CHLOE CHOY - Royal Plaza's efforts to enhance its employees' work-life balance have paid off, reports CHLOE CHOY Some companies have been slow to implement their work-life programmes because of the mistaken notion that such programmes cost a lot, are troublesome to implement and, worst of all,1,052 words
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Article, Illustration573 2005-06-13 12 MINDY TAN - By MINDY TAN ASK people what they think of banking and chances are, seven out of ten will say "numbers". Asked to give other examples, one might even encounter "finance" and "long working hours". While certain facets of the industry do demand thatFILE PHOTO - 573 words
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Article232 2005-06-13 12 WORK-LIFE programmes help companies retain good staff and be more competitive. Hence, a $10 million Work-Life Works! (WoW!) Fund was set up on August 22, 2004. The WoW! Fund serves as an incentive for employers to offer more work-life programmes, in particular, flexible work arrangements. It will232 words
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556 2005-06-13 12 CHLOE CHOY - By CHLOE CHOY WITH 95 employees working at its plant on Jurong Island, Eastman Chemical Singapore Pte Ltd understands that an organisation is a shell without its people. This explains why the company, which produces polyester plastic for packaging material, has not only556 words
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BT-CITIBANK YOUNG INVESTORS' FORUM .
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Article, Illustration660 2005-06-13 13 MINDY TAN - MINDY TAN takes a look at the bank's longstanding Management Associate Programme MINDY TAN Illustration: Ben Cruz EARLIER this year, we explored what it means for Singapore to be a A banking and financial hub, and looked at what fresh graduates m could expect from the bankingIllustration: Ben Cruz - 660 words
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Article, Illustration740 2005-06-13 13 KELVIN SAM - CAMPUS LIFE 5 SMU students tackle community service by putting schoolwork into practice, reports KELVIN SAM KELVIN SAM JANICE Yeo, Han Pingping, Jace Chong, Alvin Chia and Diana Chong are all active student volunteers. What makes them different from other student volunteers is their membership in SIFE, Students740 words
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Page 13 Advertisements
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Advertisement250 2005-06-13 13 Be smart with your finances FANCY becoming the next Warren Buffett or George Soros? Or even the famous Robert Kiyosaki? Then read on. The Young Investors' Forum, part of the BT-Citibank Tertiary Outreach Programme, isn't another dry page out of your financial textbook. To complement our editorial content, we have250 words
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ECONOMY WATCH
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695 2005-06-13 14 First drop since Sept 2000 mainly due to cooling of WTO fervour Bloomberg [BEIJING] Foreign direct investment in China fell 0.8 per cent in the first five months of the year, the first drop in cumulative investment since September 2000, asBloomberg - 695 words
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308 2005-06-13 14 AP [WASHINGTON] China's growing political power and influence on the world economy has many people in North America concerned, polling suggests. Substantial numbers of people in Canada and the United States worry that China's emergence is a threat to world peace and worryAP - 308 words
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Article, Illustration573 2005-06-13 14 Reuters, AP [WASHINGTON] The Bush administration is studying a new textile trade pact between the European Union (EU) and China to see if it could serve as a model for a similar deal between Washington and Beijing, a spokesman for the US Commerce Department saidReuters,; AP; REUTERS - 573 words
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481 2005-06-13 14 NYT [NEW YORK] Alan Greenspan, the chairman of the Federal Reserve, said last week that the US economy was on a "reasonably firm footing" and argued that even a decline in housing prices would not have a substantial impact on the economy.NYT - 481 words
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Page 14 Advertisements
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Advertisement283 2005-06-13 14 This month, chew on Scumptious sandwiches stuffed with exotic and innovative fillings like Beef Ran dang, Otak Otak, Tandoori Chicken and Chicken Satay.Each order comes with French fries, garden salad and a soup of the day plus a dessert of choice. This promotions is available in June and weekday lunch283 words
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Advertisement82 2005-06-13 14 MERITUS MANDARIN SINGAPORE FROM BURGUNDY.., A RiPfRTOfRi Of GASTRONOMIC PASSION 4-/9 Ju»/£ ZOOS Come, discover the gastronomic passion of fine Burgundy cuisine and wine at Top of the 'M' Revolving Restaurant. Semi-Buffet Rhapsody: (Mondays to Fridays) ~JBk 12.00 noon to 2.30pm (last order) $38* per person Dinner. 6.30pm to 10.30pm82 words
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REGION
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Article, Illustration647 2005-06-13 15 PAULINE NG - MALAYSIA INSIGHT PAULINE NG KL Correspondent THE brouhaha over the slew of limit down trades on the Malaysian stock market took a further dimension last week when Prime Minister Abdullah Ahmad Badawi stepped in and asked the central bank to "advise" Hong647 words
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Article, Illustration525 2005-06-13 15 AFP [KUALA LUMPUR] Malaysia's national carmaker Proton is blaming a flood of low-cost foreign imports for cutting its market share, but critics say the real problems are its "cheap" image and poor track record. Proton's arch defender Mahathir Mohamad, the former premier whoAFP - 525 words
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310 2005-06-13 15 Four companies picked as test cases Reuters [SHANGHAI] Public shareholders of a company picked as a test case in China's renewed attempt to sell more than US$2OO billion in untraded govern-ment-held stock did not back the plan, while shareholders inReuters - 310 words
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Article3162 2005-06-13 15 Transaction date: Jun 10 For a full listing of the closing prices, log on to BT Online at http://business-times.asial.com.sg after 11.30pm every trading day HONGKONG £22SS==i£ 5S Esprit Holdings 54.50 -0.25 3149 Aeon Credit 4.90 unch 12 Extrawel! Pharm 0.19 undj 700 Aeon Stores .8.80 0.20 12 FE3,162 words
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460 2005-06-13 15 This due to earnings growth, interest rates, consumption Reuters [NEW DELHI] Indian stocks are likely to boom for at least another year because of strong earnings growth, historically low interest rates and rising domestic consumption in Asia's fourth-largest economy, a fund manager said.Reuters - 460 words
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246 2005-06-13 15 AFP [LONDON] Cherie Blair, the lawyer wife of British Prime Minister Tony Blair, will travel to Malaysia in July to deliver a law lecture and attend a charity event, Downing Street said late on Saturday. Her trip followsAFP - 246 words
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WORLD
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Article, Illustration716 2005-06-13 16 ANTHONY ROWLEY - Legacy of distrust of financial markets sees shareholders continuing sell-off By ANTHONY ROWLEY in Tokyo CORPORATE Japan has just declared all-time-record profits, with company earnings rising for an eleventh consecutive quarter during the first three months of 2005. With profitability boosted by cost restructuring,Photo: AP - 716 words
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Article, Illustration312 2005-06-13 16 NYT [NEW YORK] Bernard J Ebbers, the former chief executive of World Com, pleaded for leniency on Friday from the judge who will sentence him for his conviction in March of orchestrating the largest securities fraud in the nation's history. Lawyers for Ebbers, who willNYT - 312 words
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WORLD WATCH
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82 2005-06-13 16 AP [HONG KONG] The front-runner in Hong Kong's leadership race appeared to be cruising to an early victory yesterday as rival candidates struggled to collect enough nominations to get their names listed on the final ballot. Since Hong Kong doesn't have full democracy,AP - 82 words
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Article87 2005-06-13 16 Reuters [LONDON] Russia is pushing to complete World Trade Organization (WTO) membership requirements by the end of this year and hopes to formally join in 2006, but not at any cost, Finance Minister Alexei Kudrin said on Saturday. A senior WTO official saidReuters - 87 words
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109 2005-06-13 16 Reuters [BANGALORE] Infosys Technologies Ltd, India's second-biggest software exporter, may consider returning part of its cash pile to shareholders but there is no clear proposal for that yet, company officials said on Saturday. "We will look at returning some of our cash to shareholders,"Reuters - 109 words
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89 2005-06-13 16 Bloomberg [MANILA] The Philippine government plans to auction a 67 per cent stake in Philippine National Bank in August for at least 11 billion pesos (*****.8 million), about one-fourth higher than the stake's market value yesterday. The government set a minimum price of 43Bloomberg - 89 words
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444 2005-06-13 16 Reuters [NEW YORK] The New York Mercantile Exchange, the world's largest physical commodities exchange, has joined with Dubai, the prosperous United Arab Emirates city, to build the first energy futures exchange in the Middle East. Partnership documents were signed on Friday at theReuters - 444 words
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276 2005-06-13 16 Cox News Service [ATLANTA] Coca-Cola's next big product Coke Zero, a no-calorie drink that is rolling out now should win enough buyers to secure a slice of the US market. But even a successful launch is unlikely to help reverse a slumpCox News Service - 276 words
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183 2005-06-13 16 AP tSYDNEY] The newly appointed chief executive of Australia's largest telecommunications company, Telstra Corp, said on Saturday that he plans to spend his first weeks on the job meeting with company leaders and industry regulators. Solomon "Sol" Trujillo, former CEOAP - 183 words
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273 2005-06-13 16 Reuters (LOS ANGELES! The Nevada Gaming Commission has cleared Harrah's Kntertainment Inc's planned acquisition of Caesars Entertainment Inc. paving the way for the US$6.7B billion deal to close today, Harrah's said on Friday. Harrah's agreed to buy rival Caesars last July, in a dealReuters - 273 words
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242 2005-06-13 16 NYT [NEW YORK] A team of senior Morgan Stanley sales and trading executives resigned on Friday to join Wachovia in the latest sign of discontent in the firm's troubled equities division. The three managing directors and six others, put together, marketed and traded equityNYT - 242 words
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Page 16 Miscellaneous
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Miscellaneous285 2005-06-13 16 CRYPTIC CROSSWORD 7 Straight hit in international Hi pH cricket -go for a run (4,5) I I 8 One way to get a warning ■■J ~■■"""■l to keep quiet and hide away 10 Recall soldiers and arm (8) Protection worn by king hid- |H| ing in a tree (6) 12285 words
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COMMUNICASIA 2005
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Article, Illustration966 2005-06-13 17 LIM CHIN SIANG - Advances in digital broadcasting are set to turn Singapore into Asia's major broadcast centre, says LIM CHIN SIANG LIM CHIN SIANG WATCH the next FA and Uefa Cup finals live, in glorious, crystal-clear colour, on your PDA or mobile phone. Or keep an eye on yourFILE PHOTO - 966 words
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Article, Illustration680 2005-06-13 18 TEYEW SIN SIEW - Service providers will invest more than US$39b in softswitch technology by 2006 and will realise US$85b in new revenue as a result, says TEYEW SIN SIEW TEYEW SIN SIEW THE telecoms industry is evolving from the legacy circuitswitched networks to NGNs, or next-generation networks, which areFILE PHOTO - 680 words
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527 2005-06-13 18 FRANCIS CHIN - By FRANCIS CHIN THOUGHT leadership in technology trends and developments is the key focus in the CommunicAsia, Enand BroadCastAsia trade shows and conferences this week. At the CommunicAsia 2005 Summit, three areas have been identified where leadership opportunities abound. They are mobile content, 3G527 words
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693 2005-06-13 18 ANTONY CHAPMAN - By ANTONY CHAPMAN THE popularity of the wireless LAN (WLAN) has sparked a conflict between network users and administrators. Users demand seamless wireless access across the organisation, as it empowers them to be more productive and better able to respond to issues in693 words
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Page 17 Advertisements
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Advertisement313 2005-06-13 17 I Technologies and Ideas I I Be at Asia's most exciting showcase on the latest I technologies and ideas I BBmamainAsaTnns BroadEastl\sia2oos EnteroriSE!\ll2oos I I www.CtommunicAsia.comwww.Broadcast-Asia.comwww.goto-EnterpriselT.com I I 14-17 June 2005 Singapore Expo I I Taking up an entire floor space of 65.000 square metres at Singapore Expo, you can313 words
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Page 18 Advertisements
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Advertisement26 2005-06-13 18 Participating Companies: Hoi*ad By: DigiWorkz <BBevol> DtGfTAL MEDIA ACADEMY mourn ■nomototm *MI P»i*N Singapore^ education ki S»mvrßOf SKKEM UNIFY V WMAOBmtI SVELUTE SYSTEMS WJ *JT (flffr26 words
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Page 19 Advertisements
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Advertisement62 2005-06-13 19 i .v H ''IS ■'>. t r B^^E|^sBSfflioß|So|3|3 i I ■*■•>■ s mm mm MKT W > v V s. >■, »*>=y *»\> 1 T" ■<.„. ■•>• <' J~ f r "***>■ r3 fr > V -T- r c^. v < x j *t j www.bridgemobile.com I Air [SI [Cf"62 words
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AVIATION
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515 2005-06-13 20 Reuters [SAO PAULO] Brazil's Embraer, the world's No 4 maker of commercial aircraft, lands at the Paris Air Show this week confident its enlarged portfolio has left it in a better position to take on its rivals. But the feeling among companyReuters - 515 words
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Article, Illustration737 2005-06-13 20 46TH PARIS AIR SHOW Show opens today with all eyes on Boeing-Airbus dogfight AFP [PARIS] The 46th Paris Air Show starts today, starring the world's biggest jetliner, the new Airbus A3BO, as the European aircraft maker and US rival Boeing battle for billionsAFP; AP. AFP; AFR - 737 words
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Article1924 2005-06-13 20 Cm V- HMNT ETA FUCMT ETD 5K973 1900 SK972 2155 D»Nm| MI633 2255 MI633 1425 BA7M1 1850 SO5024 2255 *****4 1425 Qf81 1850 Darwin AF8087 1850 Aantardwi SQ323 0620 AZ3993 2255 AZ3992 1450 KL838 2255 Q" 1 1850 I KL837 1450 SQ324 2345 Dmm M666 19251,924 words
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459 2005-06-13 20 AFP [MOSCOW] Leading Russian aircraft manufacturers will turn out in force at the Paris Air Show this week to push plans to build and sell a new line of mid-range passenger jets that Russia hopes will revive its flagging civil aviation industry. "Now is aAFP - 459 words
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Page 20 Advertisements
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Advertisement895 2005-06-13 20 ■Hni)|P|Hl CaUtofl-frec 1800 289 8822 IN THE MATTER OF THE uj tuc uattpr nr COMPANIES ACT, CAP. SO (C>4APTFR 501 PURSUANT TO SECTION 2M(2XB) Ift UMfWfcS ALI (WWItHSO) AND IN THE MATTER OF A*® HUNG TAT INTERNATIONAL IN THE MATTER OF (SINGAPORE) PTE LTD WONOERSPACE PTE LTD Company Keg No.895 words
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SHIPPING/AVIATION
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318 2005-06-13 21 Reuters [WASHINGTON] US airlines have successfully lobbied regulators to let them charge more money to accommodate passengers holding tickets on rival carriers that fail. The Transportation Department said on Friday it would allow airlines to double the fee, to US$5OReuters - 318 words
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468 2005-06-13 21 Market value of tanker firms could swell following realignment Bloomberg [OSLO] The market value of tanker companies is poised to soar in the next five years as mergers fuel investor demand for shipping stocks, said Peter Anker, managing partner at Norway's RSBloomberg - 468 words
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Article301 2005-06-13 21 SGX '000 June 10 SS *4 Vol CH Offshore .0.37 unch 404 Chuan Hup .0 74 unch 952 Cosco Corporation 1.92 unch 5121 CWT Distribution 0.67 0.01 29 Ezra Hldgs 1.23 0 01 44 Freight Links 0.08 unch 628 Grand Banks Yacht 0.95 -0.01 15 Jaya Holdings 1.09301 words
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Article1035 2005-06-13 21 An extra US$8.50 from each passenger is all that it takes to rescue the airline industry, but will carriers risk it? NYT I*<* HIS year, as big airlines have been pummelled by high fuel prices and relentless competition, one anguished question keeps popping up: What willNYT - 1,035 words
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Article, Illustration467 2005-06-13 21 NANDE KHIN - Bulk of crane orders are from Mexico and Panama By NANDE KHIN [SINGAPORE] Port equipment engineering company Portek International Ltd has clinched new contracts worth a total of $23.6 million, thanks largely to high oil prices and Mexican ports seeing a steady increase467 words
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Article, Illustration41 2005-06-13 21 [BRITTANY. France] Sailors blocking the access of Irish Ferries'pier and stopping passengers from disembarking from the Normandy at Roscoffport, Brittany, to protest against the company's dtcision to recruit cheap labour from eastern Europe and the Philippines. AFPAFP - 41 words
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159 2005-06-13 21 Bloomberg [KUALA LUMPUR] Malaysian International Shipping Corp (MISC) says it will not sell its container fleet, denying earlier reports that it would, the Star newspaper said, citing president and chief executive Shamsul Azhar Abbas. The company needs to stay in the container business toBloomberg - 159 words
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Advertisement68 2005-06-13 21 INVITING SHIPPING CLERK AT FOLLOWING PARTS 2 years experence in shipping company Knowledge of chartering of ship I—3 years experence in shipping company Knowledge of operation of ship ."v*? 2 years experence in shipping trading company Knowledge of import export bank document Common Requirement* Speak fluent English I Mandarin If68 words
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Article11342 2005-06-13 22 STRAITS TIMES INDEX STOCKS Stock name Wt Close Change Allgreen 50c 0.29 1.130 +0.010 Ascendasreit 1 08 2.230 -0.060 Bll Intl US20c 0.S1 1.190 +0.010 CapitaLand 1.50 2.340 +0.050 CaprtaMall 0.82 2.450 -0.010 Chart SemiCond 26c 0 93 1.330 CityDev 50c 2.20 7.200 +0.100 ComfortDelGro 25c 1 9811,342 words
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Article6244 2005-06-13 23 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In local curr In S$ In USS dy %yr %dy Syr %dy Syr Jun 10 Index Change Change Change Chang* Change Change World Index Preliminary 867.3 0.1 1.7 0.2 0.4 -0.1 -1.9 tEAFE Preliminary 808.3 0.6 4.6 0.4 42 0.0 3.4 Europe Preliminary6,244 words
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Advertisement1379 2005-06-13 24 x A NYK GROUP SOUTH ASIA PTE LTD BNIXu« «TSK LINE Fax: 6292 2856 (Regional sales) 6239 7109 (OPS)/ 6299 5785 (Documentation) NIPPON YUSEN KAISHA TOKYO KNMKU KASHA. UO. (C/RNO: **********0E) SINATOft (I.UL) Pf IM Main Ikm *&5 6536-2750 CM: 1378 *****000 SENATOR LINES Anton Houm Singapore *****1 Website: wwwjuiaiariinii1,379 words
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Advertisement866 2005-06-13 24 [INTWASIA llOtO SERVICE vtssa/vor mwiKD hbghtimi pko kch io sw i jkt STRAITS VENTUKEII/DS 15 3.2 23/05 26/05 01/06 04/06 06/06 STOUTS KNTUIE 12/05 15 31 08/06 11/06 STKAnS VENTURE 3/05 15 3.2 18/06 21/06 26/06 29/06 01/07 laustrauan roro service I VKSa/VOY lUMfffDl HBGHTWI U» SW JKT HI SYD866 words
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Advertisement1139 2005-06-13 25 www.homburflsud.com HAMBIJRC^ISub A USE SERVICE (EXPORT) Jtt JB SINGAPORE nmua SYDNEY MtUOKNt APfUUOE SINGAPORE MISIANE STPWFf Mtnomw UUtM SCOTIA 018S 17/06 27/06 W/06 02/Q7 05/07 SCOTIA 01K 15/07 15/07 37/07 30/07 01/01 CAIYUH HEMPS 24/06 M/ 07 04/07 09/117 13/07 CAIYUM HEOtIS M/ 07 01/01 03/01 04/0t M/M CAP AGUILARIOSS1,139 words
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Advertisement1278 2005-06-13 25 VESSEL VOY SIN JKT HttTtHHUtT KYH PUS VESSEL VOY SIN JKT SUB HKG USN PUS HY VLADIVOSTOK IMS 15/6 18/6 23/6 25/6 27/6 W/t W/6 KMTC JAKARTA SOBS 12/6 15/6 16/6 21/6 25/6 26/6 HY PROGRESS 097S 23/6 25/6 30/6 2/7 4/7 6/7 6/7 KMTC PORT KELAMG 508S 19/6 22/61,278 words
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Advertisement993 2005-06-13 25 WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS VESSEL VOT SIN P.KIANO COtOMIO N.SHEVA CtKOMBO BAY BRIDGE 009W 06 JUH 0/JUH 10 JUN 13 JUW It JUN PACIFIC QUKT ~"offi7T"iTjur 14 JUN 17 JUH 20 JUN 23 JUW KfITA PfgWIKA YPWO6S ?OJUH 21 JUW 24993 words
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Advertisement1182 2005-06-13 26 WW WALLENIUS WILHELMSEN website: http://www.2wglobal.com VESSII "VOY RAMP HEIGHT SIH LK ~~MAO~ HOW Ml* SAY BAL ~ORF~ HYC ~NEW MOO TAMERLANE AFSIS 3201 ms 6.4 M 13/06 02/07 11/07 IS/07 18/07 16/07 TAIKO AFSIi 4201 ms 6.4 M 18/06 20/07 24/07 21/07 26/07 30/07 TARONGA AfSIS 3201 ms 6.25 m1,182 words
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Advertisement1629 2005-06-13 26 vissa voy sm pgu vessei voy sin jut CSf 2301 0130f 07/06 OS/06 PMMII 416? 05/06 07/06 KOANM 1M 97/06 07/06 ffMNTM M "flj PAC6AHDA MB7N 08/06 09/06 nC >AU LHZ° 11Z9* M/ 06 J PACIAMDA 14MW 10/06 10/06 jsum sms am wsl. ggfc, -?fc— IPO Elf II IIMI 16/061,629 words
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Advertisement690 2005-06-13 26 BSA jl MYANMA ■H FIVE STAR LINE (Myonmor National Line) Loading for Yangon VESSEL VOY SIN PKI PEN PGU PAGAN 346W SLO HPA-AN 337W SID IN MAUYSIA: lOUSTEAD SHIPPING AGENCIES KUI/PKL 03-*****388 PEN: 04-*****15 ACCEPTING CONVENTIONAL cso VESSEL VOY HKG SIN PGU PKL KUC DON HEART 133 SID SU> SID690 words
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THE BUSINESS TIMES SHIPPING TIMES
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8185 2005-06-13 27 ETA ETA Advertiser Vessel Voyage Telephone ETA ETA AArertkar Veisel V<n»f T*phew SIN Oest'n Name Name Number Number SIN Desfn Name Name Nuafear Number 25/07 12/08 TASMAN TASMAN PATHFINDER *****9 *****288 To ABIDJAN (ABJ) 2003 Cote D'lvoire 21/06 01/08 CMACGM CSCL FELIXSTOWE SX145W *****8008,185 words
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Advertisement560 2005-06-13 27 Guaranteed Sailing! I Service from Singapore to: I Los Angeles K cc^un I Weekly Consol. Twice weekly I Mon cut-off. Consol. I 14 days transit. on CU f. o ff I HUB MARINE PTE LTD BOOKING: *****375/716 MAINLINE: *****866 FAX: *****066 OPR CODE "DZ" CR NO **********0Z MARKETING SALES: KELVIN560 words
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Advertisement643 2005-06-13 27 FREIGHT LINKS EXPRESS PTE LTD 51 Penjuru Road, 3 Level, Freight Links Express Logisticentre, Singapore *****3. Tel: *****511 Fax: *****577 E-mail: flesin@singnet.com.sg Website:http://www.freightlinks.net LCL SERVICE TO CHINA ASIA "*Y CEBU DALIAN HONG KONG JAKARTA QINGDAO Pit -rf SHANGHAI SURABAYA XINGANG XIAMEN IfcHfSSiW BEST LCL RATES TO AARHAUS ASHDOD BEIRUT BUENOS643 words
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Advertisement411 2005-06-13 27 290IMm?M 17 19/06 25 26/06 I ■Pllffin TIGER PEARL 291N 14 15/06 21 23/06 28 29/06 1 HLyUftilil TIGER SEA 292N 1819/06 24 26/06 02 03/07 1 TIGER SKY 293 A 21 22/06 28 30/06 05 06/07 I ■■■■■TIGERWAVE 294H 25 26/06 01 03/07 09 10/07 1 TIGER PEARL 29SW411 words
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SINGAPORE ARTS FESTIVAL
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Article, Illustration589 2005-06-13 29 APARNA RODDAM - The Arts Festival shows how percussion is attracting the young, writes APARNA RODDAM APARNA RODDAM B ROADWAY'S Stomp set the trend for a new explorative form of percussion that in particular seems to have fired the imagination of Singaporean youth. The Drumming Explosion series showcased589 words
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Article, Illustration501 2005-06-13 29 SANGEETHA MADHAVAN - By SANGEETHA MADHAVAN 1F you go into The Al-Ham-let Summit expecting Shakespeare, you might be a tad disappointed, like some in the audience on opening night, because half the characters of the original play are not there; neither is "To be or501 words
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540 2005-06-13 29 CHEAH UI-HOON - By CHEAH UI-HOON TO watch Living Dance Studio's Report on Giving Birth is to experience the emotional intensity of bearing life, and the effort of bringing a child into the world. It's quintessentially from a female's perspective, but as choreographer Wen Hui notes,540 words
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Advertisement1107 2005-06-13 29 IN THE MATTER OF THE COM PAN i CAP so TRANSIT-MIXED CONCRETE LTD IN THE MATTER OF It JWBPwi (Incorporated In The Republic Of Singapore) SBSSSSS Company Registration No. *****2587H NESIC SINGAPORE PTE LTD UA C c cm CCTm NOTICE IS HEREBY GIVEN that the twenty-fifth annual general meeting of1,107 words
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Advertisement108 2005-06-13 29 1 T s J f I I I I I I iH9| posnHHH Nominations for the aHMBBBIB 2005 eSO.startup awards 2 005 are now open Recognising Singapore's New Enterprises To be eligible, a company must: be a privately-held enterprise be under 5 years old (from date of incorporation) have a108 words
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BizIT
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460 2005-06-13 30 AMIT ROY CHOUDHURY - BT exclusive By end-2009, average revenue per 3G user will be more than double that of 2G users By AMIT ROY CHOUDHURY SINGAPORE may have 80,000 3G mobile phone users by the end of this year. Also, the average spending per month460 words
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151 2005-06-13 30 Bloomberg [SEATTLE] Microsoft Corp, the world's largest software maker, started public testing of a new graphics program designed to compete with Adobe Systems' Photoshop and Illustrator products. The Microsoft program, code-named Acrylic, can be used for digital painting, illustration and graphic design, the company saidBloomberg - 151 words
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Article, Illustration689 2005-06-13 30 GEOFFREY PEREIRA - Survey finds high affinity for softcopy but low awareness of security hazards By GEOFFREY PEREIRA IS SENSITIVE information about your company going out together with the electronic documents that your employees send out? Yes, says a recent survey by a document security company called689 words
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<what's new>
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Article, Illustration128 2005-06-13 30 SAMSUNG Electronics Co Ltd has released the SGH-Z5OO (right), the smallest 3G phone in the world. Weighing just 95g, the clamshell SGH-Z5OO features two cameras of which one is a megapixel camera. It is also capable of MP3 playback, has Bluetooth and IrDA wireless connectivity, and128 words
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Article127 2005-06-13 30 MICROSOFT Corp is offering discounted software via two new promotions: One is targeted at SMEs and offers one desktop product licence free with every five they buy, and five client access licences free with every server product licence. Members of four SME associations the Singapore Chinese Chamber127 words
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Article67 2005-06-13 30 SYMANTEC Corp has released its Norton Internet Security 2005 AntiSpyware Edition for home users. It integrates real-time anti-spyware protection and also protects the PC from viruses, hackers, worms and spam. It works on Windows XP and Windows 2000 Pro and costs $139.20 from www.symantecstore.com. Current users of67 words
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Article62 2005-06-13 30 MCAFEE Inc has announced its virus protection solution for Novell's Suse Linux Enterprise Server and Novell Netware-based operating systems. McAfee LinuxShield costs US$23.01 per node for 11 to 25 nodes. And McAfee NetShield for Netware is available as part of McAfee's anti-virus product suites, including Active62 words
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Article76 2005-06-13 30 PIONEER Corp has launched five new home theatre systems: the HTZ131 DVD costs $469, the HTZ333DVD costs $549, the HTZ434DVD costs $699, the HTZS3SDVD costs $799, and the HTZ232DVD, for which pricing is not available. The first three models feature Pioneer's Multi-channel Acoustic Calibration System which lets76 words
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Article, Illustration69 2005-06-13 30 EPSON Corp has released the EMP-7950 (above), the newest in its 3LCD series of multimedia projectors. It offers 4000 lumens' brightness, a contrast ratio of 700:1, and has WiFi 802.11 b/g wireless connectivity to eliminate cable clutter. It is bundled with Epson's EMP Monitor software, which allows69 words
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Article67 2005-06-13 30 ROLAND LIM - Compiled by ROLAND LIM NASDAQ-LISTED Maplnfo Corp has announced Maplnfo Professional 8.0, a location analysis tool that enables companies to analyse the relationships between the location of their assets, customers and competitors. A retailer, for example, can visualise and analyse his customer data to determine which67 words
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Article, Illustration516 2005-06-13 31 AMIT ROY CHOUDHURY - Singapore's first business podcast will be syndicated globally at the iX2005 conference By AMIT ROY CHOUDHURY APPLE Computer started the trend, and it is now ready to catch on, much like the way the iPod caught the imagination of the public. The new tech516 words
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319 2005-06-13 31 Reuters [LONDON] Mobile phone giant Vodafone Group is selling airtime to the Extreme Sports Channel in Britain's first Mobile Virtual Network Operator (MVNO) deal with a TV channel. The Extreme Group, which was set up by 33-year-old surfer A 1Reuters - 319 words
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Article, Illustration270 2005-06-13 31 Bloomberg [SAN FRANCISCO] Oracle Corp agreed to buy closely held Times Ten Inc to add software that speeds up searches for information in databases, Oracle CEO Larry Ellison's fourth acquisition this year. Terms weren't disclosed in a statement. Times Ten has clientsBloomberg; BLOOMBERG - 270 words
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<what's up>
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Article57 2005-06-13 31 UNITED Overseas Bank has won the Informatica Innovation Award in the data warehousing category. This is the first time UOB has won the award. Organised by Informatica Corp, the award was to recognise UOB's innovative use of Informatica's platform to integrate data from 26 different systems57 words
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Article91 2005-06-13 31 APPLE Computer co-founder Steve Wozniak will participate in a panel discussion on "Web 2.0: How XML and RSS are transforming your Internet experience" on Friday at the SMU School of Accountancy Auditorium at Stamford Road. Other panelists include Mike Hawley, director of special projects at MIT91 words
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Article73 2005-06-13 31 CARNEGIE Mellon University's professor David Farber, touted as the "Grandfather of the Internet" will give a free lecture on "The technical and societal implications of networking: A personal perspective" on June 22 at the SMU School of Accountancy Auditorium at Stamford Road. The lecture is73 words
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Article42 2005-06-13 31 PROGRESS Software Corp has appointed Nicholas Tang as managing director of Asia, based in Singapore. Mr Tang was previously general manager for the Greater China region at webMethods. Before that, he was with IBM Corp in South-east Asia.42 words
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Article64 2005-06-13 31 ROLAND LIM - Compiled by ROLAND LIM SOFTWARE AG has launched a new workshop aimed at promoting the development of Web services applications. The five-day Certified Web Services Professional (CWSP) Workshop will be conducted at the company's XML Academy, and prepares trainees for the Web Services Level 2 Certification64 words
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181 2005-06-13 31 Bloomberg [LOS ANGELES] IBM Corp has revealed technical specifications for a chip used in Sony Corp's Play tation 3 game console to promote use by other industries. The source code for the Cell chip developed with Sony and Toshiba was released last weekBloomberg - 181 words
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Article, Illustration354 2005-06-13 32 ROLAND LIM - By ROLAND LIM GROWING adoption of broadband and wider acceptance of the Internet will see companies in the AsiaPacific region plonk more money on online ads this year, according to Nielsen/Netßatings, an Internet» audience measurement service provider. More companies are now treating354 words
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Article, Illustration769 2005-06-13 32 RAJU CHELLAM - Key drivers of semicon growth in '05 are cellphones, PCs, digital TV sets and digital cameras, says the Semiconductor Industry Association. RAJU CHELLAM reports RAJU CHELLAM STRONG growth in key markets in the Asia-Pa-cific region outside of Japan will help the global semiconductorSource: Semiconductor Industry Association - 769 words
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236 2005-06-13 32 RAJU CHELLAM - By RAJU CHELLAM SEMICONDUCTOR chips used in consumer devices like MP3 players, cellphones and digital cameras will more than double between 2004 and 2009, soaring from just over US$l4 billion last year to almost US$3O billion by end-2009, according to a new IDC Corp236 words
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381 2005-06-13 32 But disputes may be prelude to new licence agreement Reuters [SAN FRANCISCO] The relationship between computer memory designer Rambus Inc and one of its largest customers, Samsung Electronics, turned sour last week as the companies traded federal lawsuits over patents for computer memory chips.Reuters - 381 words
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147 2005-06-13 32 Bloomberg [TOKYO] Global semiconductor shipments may increase this fiscal year on rising sales of PCs and mobile phones, according to brokerage Nomura Securities, which raised its forecast for the industry. Nomura now expects chip shipments worldwide to rise by 2.4 per cent in the yearBloomberg - 147 words
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Advertisement1323 2005-06-13 30 Q WOORI BANK (INCORPORATED IN THE REPUBLIC OF KOREA) NON-CONSOLIDATED BALANCE SHEET AS AT DECEMBER 31,2004 (US$l W1043.80) Non-Consolidated Balance Sheet Independent Auditors' Report As of December 31,2004 and 2003 To the Board of Directors and shareholders of Woori Bank Co., Ltd: Korean Won 2004 2003 VVe have audited the1,323 words
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Advertisement2032 2005-06-13 31 PCA TECHNOLOGY PCA TECHNOLOGY LIMITED (Co. Reg. No. *****0938N) NOTICE IS HEREBY GIVEN that the Eleventh Annual General Meeting of the Company will be held at 4 Loyang Lane #05-02 Loyang Industrial Estate, Singapore *****4 on Wednesday, the 29th day of June 2005 at 10.00 a.m. for the following purposes:As2,032 words
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Advertisement137 2005-06-13 32 ""A H I CWUfC iHF WU MMMO TMIWBMJU. Can your network turn a tight race into a commanding lead? Can it move quickty into global markets, help drive down costs and be nimble in the nStWOlk face of changing competition? Can it offer both worldwide IP-VPNs and business continuity transform137 words
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Advertisement10 2005-06-13 32 Singapore will have 80,000 3G subscribers by end-2005: IDC PG3O10 words
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