The Business Times, 8 August 2005

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

Microfilm: NL26351
Total Pages: 26
1 26 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    15 1 THE BUSINESS TIMES Monday, August 8,2005 SINGAPORE 85 cents online at http://business-tirnes.asial.com.sg MICA (P) 089/03/2005
    15 words
  • Article, Illustration
    Lock icon July trade in warrants zooms past $1b
    759 1  -  Last month, they made up 20% of market volume By TEH HOOI LING [SINGAPORE] Riding on the positive sentiment for stocks, the value of warrants traded on the Singapore Exchange last month topped the $1 billion mark for the first time since the
    Source: SGX  -  759 words
  • Article
    Lock icon SGX firms looking good at mid-season
    823 1  -  By WONG WEI KONG [SINGAPORE] Listed companies here have continued to ring in improved earnings midway through the reporting season, with a notable majority of firms announcing higher halfyear profits. As of last Friday evening, 117 companies have reported results for the six months
    823 words
  • Page 1 Advertisements
Page thumbnail Page 2
  • TOP STORIES
    • Article, Illustration
      Lock icon China—world's next big source of FDI
      784 2  - China —world's next big source of FDI COMMENTARY As the yuan appreciates, Chinese companies will buy foreign assets more boldly VIKRAM KHANNA Associate Editor THE story of China as a giant magnet for foreign direct investment (FDI) is well known. But the comparatively new story is that of China as
      REUTERS  -  784 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      696 2 Don't rule out Star Hub takeover of M 1 THE surprisingly strong financial results posted by Star Hub have been interesting on two counts. They have offered further confirmation of the turnaround story at Singapore's second biggest telco. And they have also raised questions about its smaller rival,
      696 words
    • Article
      Lock icon MARKETS DIGEST
      131 2 MARKETS Week Chge STI 2338.87 -13.69 KLSE COMP 943.41 +6.02 NIKKEI 225 *****.48 -133.12 HANG SENG *****.32 ....+170.34 SET INDEX 686.01 +10.34 JAKARTA COMP ...1174.09 -8.21 MANIb»COMP ....1975.60.. -24.65 TAIPEI TAIEX ......6446.01 ....+134.03 SEOUL COMP 1089.36 -21.93 SHENZHEN B 238.53 .....h-19.85 AUSTALLORD 4333:10..^—-13.60 DOW JONES *****.03 -82.88 NASDAQ
      131 words
    • Article, Illustration
      Lock icon Moves for greater Asian say in running of IMF
      653 2  -  Some concern that agency may be running down role in region By ANTHONY ROWLEY in Tokyo THE annual International Monetary Fund (IMF) meeting in Washington next month is likely to hear calls from some Asian nations for a greater voice in
      653 words
  • Page 2 Advertisements
    • Advertisement
      Lock icon Page 2 Advertisements Column 1
      54 2 BT ONLINE Access to BT Online is free after 6pm each day. But print subscribers can access our online news anytime. Call 6388-3838 to subscribe and activate your online account Freshly brewed coffee a f on an interactive touch-display panel. Equipped with the innovative Saeco Brewing System, Saeco's stylish and
      54 words
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      419 3 i W W jCVrTif M^—M AWLw A THE GRASS Pelepas FREE ZONE offers land and efficiency, no customs formalities are readjMbullt warehouses for distribution, DET I I I required for all FREE ZONE activities. There's consolidation and warehousing activities, a,S the Green 1806 Concept for mm,mal Inoludlng International procurement pP
      419 words
Page thumbnail Page 4
  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon GREATER GLORY
      5118 4 THIS WEEK'S TOPIC What do you wish for Singapore on her 40th anniversary? PEACE, prosperity and continuing good governance. I also wish that Singapore continues its path of seeking knowledge, practising fairness and showing concern. Apart from these I want to express four other wishes. To actively participate
      5,118 words
  • Page 4 Advertisements
    • Advertisement
      Lock icon Page 4 Advertisements Column 1
      68 4 BT CEOs e-Club Members of the BT CEOs e-Club are Singapore's top corporate leaders whom BT editors would like to interact with in an atmosphere of informality and trust This 'dub'is a virtual with interaction mainly via e-mail. Each week, we will invite comments from these top executives on various
      68 words
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      27 5 HAVE YOUR SAY What do you think of the opinions expressed in these pages? Share your views by writing to btletter@sph.com.sg More views will be published tomorrow
      27 words
Page thumbnail Page 6
  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Headwinds and tailwinds: what's ahead for the market
      644 6  -  STOCKS R SIVANITHY Senior Correspondent AT any one time on the stock market, investors have to deal with headwinds versus tailwinds. Some are of the short-term variety, some might be structural and, therefore, last longer. What might some of these opposing forces
      644 words
    • Article
      Lock icon WEEK AHEAD
      58 6 SIA Engg's dividend payment, Aug 10 Cortina's dividend payment, Aug 12 Metro's dividend payment, Aug 12 SlA's dividend payment, Aug 15 Yellow Pages's dividend payment, Aug 15 IRE Corp EGM Aug 11 Natsteel, EGM, Aug 12 Frontline Corp, AGM, Aug 12 Yaan Security, AGM, Aug 12 HG Metal,
      58 words
    • Article
      Lock icon Asian units mixed against greenback
      395 6 CURRENCIES AFP [HONG KONG] Asian currencies were mixed against the dollar last week as weaker-than-expected growth in the US service sector was offset by nervousness over the possibility of a general election in Japan. Japanese yen: The yen rose against the dollar during the week
      AFP  -  395 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      828 6 Payment Ex Books Pay Payment Ex Rooks Pay lets) dote doso dote icfi) dote dose dote_ Airocean 5c b 0.30 05-Aug 11-Aug OlSep Mentor Media 5c F 1.75 05-Aug 11-AU9 25-Aug Ascendasreit yy 2 84 2SJU 28-Jul 26-Aug Metro Hldgs 20c b 2.00 28-Jul 02-Aug 12-Aug Aspial Corp
      828 words
    • Article
      Lock icon Oil prices soar to new heights above US$62
      293 6 COMMODITIES: WEEKLY ROUNDUP AFP [LONDON] World oil prices jumped to new historic peaks above US$62 last week, driven by disruptions across refineries, while the death of Saudi Arabia's King Fahd provided only limited support to crude futures. Copper continued to post fresh
      AFP  -  293 words
    • Article, Illustration
      Lock icon BROKERS' RECOMMENDATIONS
      429 6 Source: Reuters OTHER SINGAPORE INDICES Aug 5 VALUE CLOSE BT OB/OS -133.00 -159.00 BTCADI -*****.00 -99.00 BT 10-day MA -*****.00 -13.00 All-SG Equities 597.90 -6.19 SG Equities Elect 138.14 -1.14 SG Equities Fin 1688.30 -1.63 SG Equities Prop 661.90 -10.89 SIMSCI 278.26 -2.56 SiMSCI Futures 277.50 -0.80 MOST
      429 words
Page thumbnail Page 7
  • COMPANY NEWS
    • Article
      Lock icon Vietnam company Kinh Do woos S'pore investors
      539 7  -  It'll place out 5m new shares at reserve price of 34,000 dong each By CHEN HUIFEN HO Chi Minh City's Kinh Do Corp, a confectionery maker and distributor, scored a "first" when its top executives visited Singapore last Friday. Its roadshow for a
      539 words
    • Article
      Lock icon Hiap Hoe slips $394,000 into the red at half-time
      308 7  -  But it sees stronger market from govt policy changes By AMIT ROY CHOUDHURY PROPERTY and construction group Hiap Hoe has declared a net loss of $394,000 for the half-year ended June 30 and expects the current half to remain "challenging". But
      308 words
    • Article, Illustration
      Lock icon Unifiber inks Indon wood deal
      346 7  -  By AMIT ROY CHOUDHURY IN a significant development, mainboard-listed United Fiber System has secured the supply of one million tonnes of acacia mangium wood from an Indonesian state-owned corporation, PT Inhutani 11, for its pulp mill in East Kalimantan. The purchase price for the wood
      346 words
    • Article
      Lock icon AnnAik interim profit slides 87% to $413,000
      334 7 Engineering unit hit by high steel prices MAINBOARD-LISTED stainless steel group AnnAik has recorded an 87 per cent drop in net profit to $413,000 for the six months ended June 30, despite a 34 per cent jump in turnover to $32.13 million. Group
      334 words
    • Article
      Lock icon Don't rule out StarHub move on M1
      938 7  -  HOCK LOCK SIEW By WONG WEI KONG STARHUB'S latest results have provided further confirmation of the turnaround story at Singapore's second biggest telco. The company's surprisingly strong earnings, in fact, also raise questions about its smaller rival, Mobile One (Ml). Star Hub. Singapore's
      938 words
    • Article, Illustration
      Lock icon SIAS financial health check scheme in the works
      487 7  -  By AMIT ROY CHOUDHURY THE Securities Investors Association of Singapore (SIAS) will work with the financial planning community to see if it can make an annual financial health check at an affordable flat fee available to its members. According to David Gerald,
      487 words
Page thumbnail Page 8
  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Portfolios make gains amid bullish sentiment
      1289 8  -  TEH HOOI LING Senior Correspondent After four consecutive weeks of advances which saw the Straits Times Index gain some 9 per cent, the index finally paused for a correction. The STI hit another five-and-a-half year high of 2,399.75 last Wednesday before some profit-taking set
      1,289 words
    • Article, Illustration
      Lock icon Buying activity surges while selling remains flat
      1015 8 INSIDE MARKETS Noteworthy purchases in Elec Eltek, Bukit Sembawang, LMA, Stamford Land and MMI, reports ROBERT HALILI Ti HE market took a breather 4ast week, with the Straits e »Times Index closing 13.7 points lower to 2,338.87 on Friday. Buyers took advanage of
      1,015 words
Page thumbnail Page 9
  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Image revamp boosts sales for Clarks
      417 9  -  It slashes prices by 40%, introduces new models, opens more retail outlets By WEE LI-EN WHAT a difference a year makes, at least, for Clarks. A year ago, it was perceived by its Asian consumers to be overpriced ahd a shoe brand only for
      CHRIS LOH  -  417 words
    • Article, Illustration
      Lock icon Sarika Gourmet serves up a winning style
      360 9  -  By ARTHUR SIM THE third time's a charm for Sarika Gourmet Coffee Co, which seems to have finally hit on the right blend for its chain of coffee cafes. Sarika's The Coffee Connoisseur, or TCC to its regulars, has achieved a turnover, since
      360 words
    • Article
      Lock icon EVENTS LISTING
      113 9 DATE/ TIME EVENT VENUE 11-12 Aug HR Summit 2005 Suntec Singapore In9.00am ternational Convention Exhibition Centre Indonesia-Singapore Forum The Grand Ballroom, 12 Aug 2005 Level One, The Ritz8.30am Carlton 12 Aug CPA Forum 2005 -A Plat- Swissotel The Stam8.30am form for Discussion on The ford Agenda Corporate Culture
      113 words
  • Page 9 Advertisements
    • Advertisement
      Lock icon Page 9 Advertisements Column 1
      2750 9 1 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF TROPICAL DEVELOPMENT (PTE) LTD (In Members' Voluntary Liquidation) Co. Rag. No. *****0056 C NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company held*at 18 Taman Serati #01-22 Botanic Garden Mansion, Singapore *****2 on
      2,750 words
    • Advertisement
      Lock icon Page 9 Advertisements Column 2
      434 9 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 ZF TRADING ASIA PACIFIC PTE LTD REGISTRATION NO. *****3324G IN MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company convened and held at Obere Weiden 12, ***** Schweinfurt Germany, on the Ist day of August 2005, the following resolutions
      434 words
Page thumbnail Page 10
  • DINING OUT
    • Article, Illustration
      Lock icon Craving Vietnamese?
      1883 10 Vietnamese cuisine's more than just beef noodle soup. We look at what's available on the market The Orange Lantern 73 Killiney Road, Tel: 6732 8032 THERE are a few lanterns hanging at The Orange Lantern, although none of them particularly orange. But as far as "branding" for a
      1,883 words
  • Page 10 Advertisements
    • Advertisement
      Lock icon Page 10 Advertisements Column 1
      174 10 Back again this month, this delicious promotion has got everyone wanting more. Don't miss your chance to tuck in to crabs done in your favourite ways Steamed or Stir-fried in either Chilli or Black pepper. This promotion is available everyday for lunch and pinner at $2.80++ per 100g, and ends
      174 words
Page thumbnail Page 11
  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • Article, Illustration
      Lock icon What to look for before risking your money
      881 11  -  By RACHEL LIN WHEN it comes to investing, gurus and investment tracts abound. For the uninitiated, there's no running away from seemingly arcane terms, strange acronyms and the columns upon columns of figures. It therefore pays to brush up on the essential
      881 words
    • Article
      Lock icon The little secret ad agency
      859 11  -  LISA TAN discovers what's so elusive about The Secret Little Agency LISA TAN IF you want to set up a successful advertising agency but can only do it part-time,- read on as BT unveils the step by step secret recipe of The Secret Little Agency
      859 words
  • Page 11 Advertisements
    • Advertisement
      Lock icon Page 11 Advertisements Column 1
      6 11 [FINE $*****00] BY ORDER LUNCH ACTUALLY
      6 words
    • Advertisement
      Lock icon Page 11 Advertisements Column 2
      250 11 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 have
      250 words
Page thumbnail Page 12
  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Good times in US also the trickiest
      534 12 Complacency can be dangerous for both policymakers and investors LAT-WP [WASHINGTON] US companies are creating jobs at the rate of more than 2 million per year. Automakers have booked what is arguably their biggest sales month ever. Planes are full, factory orders are
      LAT-WP; AFP  -  534 words
    • Article, Illustration
      Lock icon US economy strong and growing: Snow
      495 12 Treasury secretary sees interest rates going higher, after strong jobs report Bloomberg [WASHINGTON] US interest rates are likely to keep rising given the economy's continued strength, Treasury Secretary John Snow said last Friday after a stronger-than-expected July jobs report. The Labor Department reported earlier
      Bloomberg  -  495 words
    • Article
      Lock icon Critics pan World Bank loans to capital-rich China
      380 12 Bloomberg [NEW YORK] World Bank critics are training their fire on the institution's loans to China, a capital-rich country on a buying spree for US bonds and companies, saying the bank's money should go to needy nations. The World Bank, whose mission
      Bloomberg  -  380 words
    • Article
      Lock icon A rising yuan won't lift all sectors of the US economy
      588 12 NYT [NEW YORK] Over the last couple of years, a good number of economists, accompanied by a horde of American manufacturers, union leaders and politicians, have called on China to release the yuan's peg to the dollar. Well, China
      NYT  -  588 words
  • Page 12 Advertisements
Page thumbnail Page 13
  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Furore over car permits unlikely to blow over soon
      643 13 Discrepancies in the way permits are issued come under scrutiny [KUALA LUMPUR] The controversy about Malaysia's Approved Permit (AP) lists that began last month looks like it's not going to die so soon. Former prime minister Mahathir Mohamad who questioned the
      AP  -  643 words
    • Article
      Lock icon STOCKS ASIA
      29 13 Transaction date: Aug 5 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 Source: Reuters
      29 words
    • Article, Illustration
      Lock icon Mandiri expects non-performing loans to rise before falling
      533 13 Reuters, Bloomberg [JAKARTA] Bank Mandiri expects its non-performing loans (NPL) to keep rising from 10.3 per cent in the first quarter before starting to fall back, the new president director of Indonesia's largest lender said last Friday. Agus Martowardojo told a small
      Reuters,; Bloomberg; BLOOMBERG  -  533 words
    • Article, Illustration
      Lock icon Rumour and scandal keep the capital abuzz
      526 13  -  MALAYSIA INSIGHT If it's not the PM's wife's health, it's 'that' car issue PAULINE NG KL Correspondent THE Malaysian prime minister's department website was busier than usual last week. Traffic was higher as people logged on to verily the nasty rumour swirling in
      526 words
Page thumbnail Page 14
  • GREATER CHINA/INDIA
    • Article
      Lock icon GM to source Indian auto parts worth US$1b
      105 14 AP [NEW DELHI] General Motors Corp (GM) plans to source US$l billion worth of automobile parts from India each year by 2008 as part of cost-cutting measures at the world's biggest automaker, a senior executive at its local subsidiary said on Friday.
      AP  -  105 words
    • Article, Illustration
      Lock icon China Internet firm makes smashing Wall Street debut
      780 14 Baidu.com's stock surges 354% to US$122, making it the biggest one-day jump since 2000 LAT-WP [NEW YORK] US political opposition scuttled China's takeover of a major US oil company Unocal last week. But money had no problem flowing in the other direction
      LAT-WP; PHOTOS: AP  -  780 words
    • Article
      Lock icon Huawei in talks to buy Marconi for more than £600 m: report
      426 14 Reuters. AFP [LONDON] Huawei Technologies, partner of Britain's Marconi Corp pic, is in talks to take over the telecoms equipment maker for more than £600 million (Ssl.B billion), the Sunday Times newspaper said. Marconi, whose prospects were thrown
      Reuters.; AFP  -  426 words
    • Article
      Lock icon Ten HK developers vying for rail-linked project
      259 14 Bloomberg [HONG KONG] As many as 10 of Hong Kong's largest real estate developers, including Sun Hung Kai Properties and Cheung Kong (Holdings), have submitted "expressions of interest" for a property venture with KowloonCanton Railway Corp. Next month, the governmentowned railway operator will
      Bloomberg  -  259 words
    • Article
      Lock icon Reliance approves spin-off plan to shareholders
      343 14 Power, telecom and financial sevices units involved Reuters [MUMBAI] India's Reliance Industries Ltd has approved a plan to spin off its power, telecom and financial services interests into four separate holding companies, with effect from September 1. The spin-off of holdings in Reliance Infocomm,
      Reuters  -  343 words
  • Page 14 Advertisements
    • Advertisement
      Lock icon Page 14 Advertisements Column 1
      749 14 Anniversary 11 20$ er ffl J Why should I want to read any I faster than I do now? 1 In business and the professions, Speedreading II will help you save time and be more efficient II productive in your work and career. If you're a student 11 you will
      749 words
Page thumbnail Page 15
  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon US stocks show signs of seasonal wilting
      706 15  -  WALL STREET INSIGHT Market caution reinforced by higher oil prices and interest rates By ANDREW MARKS in New York AWAVE of profit-taking hit Wall Street last week, as investors decided that the combined prospects of rising interest rates and oil prices that appear
      706 words
    • Article
      Lock icon Liberty won't sell News Corp stake yet
      609 15 NYT [NEW YORK] Liberty Media Corp is unlikely to unwind its investment in News Corp this year, Liberty's chairman John C Malone said on Friday after the company posted second-quarter results. Liberty Media now has the second-largest voting stake after the Murdoch family
      NYT  -  609 words
    • Article, Illustration
      Lock icon More Berkshire units fall under govt's AIG probe
      531 15 Focus is on their accounting for a type of reinsurance Bloomberg [NEW YORK] Berkshire Hathaway, which is under investigation for its role in improper reinsurance accounting at American International Group Inc (AIG), has said that the government is inquiring about its own
      Bloomberg; AP  -  531 words
    • Article, Illustration
      Lock icon Former UK Foreign Secretary Robin Cook dies
      398 15 Reuters [LONDON] Former British Foreign Secretary Robin Cook, who quit government over the Iraq war, died on Saturday after collapsing on a Scottish mountainside. He was 59. Prime Minister Tony Blair praised Mr Cook as an intellectual and political heavyweight despite their clash
      Reuters  -  398 words
    • Article
      Lock icon Cisco may consider buying Nokia: paper
      516 15 It seeks wireless infrastructure technology Reuters [LONDON] Cisco Systems Inc is considering buying the world's top mobile handset maker Nokia in the wake of chief executive Jorma Ollila's resignation. The US networking giant's move is to gain Nokia's wireless infrastructure technology, the Business newspaper
      Reuters  -  516 words
    • Article
      Lock icon German merger deal creates media titan
      283 15 IHT [FRANKFURT] Axel Springer, the largest German newspaper publisher, announced on Friday that it would acquire the country's largest broadcasting group in a deal that would create a media titan with ambitions to expand internationally. Axel Springer will pay about US$3.l billion for ProSiebenSat.
      IHT  -  283 words
Page thumbnail Page 16
  • AVIATION
    • Article, Illustration
      Lock icon Pilots, Asiana execs in final effort to end strike
      530 16 Govt vows to use special powers if no decision reached over weekend AP Reuters [SEOUL] Asiana Airlines executives and striking pilots began meeting yesterday in what could be their final effort to end a three-week-long walkout. The government has vowed to
      AP; Reuters  -  530 words
    • Article
      Lock icon Greece signs preliminary deal for Olympic Air sale
      398 16 Reuters [ATHENS] Greece has signed a preliminary agreement to sell flag carrier Olympic Airlines to the private New York-based investors group Olympic Inves-tors-York Capital, the finance ministry said on Friday. "The Greek government agreed in principle with Olympic Investors-York Capital an agreement
      Reuters  -  398 words
    • Article
      Lock icon Toronto crash probe focuses on emergency slides, tyre marks
      281 16 Reuters [TORONTO] Two emergency slides on the Air France jet that crashed last week in Toronto malfunctioned, investigators said on Saturday, as they pored over tyre marks to determine why the plane skidded off the end of a runway at Canada's
      Reuters  -  281 words
    • Article, Illustration
      Lock icon At least 13 killed in Italian tourist plane accident
      431 16 Charter aircraft crash-lands into sea off Sicily following engine trouble AFP [PALERMO, Italy] Thirteen people were confirmed dead and three were missing after a plane carrying Italian tourists to Tunisia crash-landed on the sea off Sicily on Saturday, Italian and Tunisian
      AFP; AP  -  431 words
    • Article
      Lock icon Shenzhen Air to launch direct flights
      135 16 Xinhua [NANNING, China] Shenzhen Airlines has announced it will launch direct flights from Nanning, capital of south China's Guangxi Zhuang autonomous region, and Hong Kong starting Sept 10. Boeing 737-700 will fly the route three times a week, taking off from Nanning at 8:15
      Xinhua  -  135 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      385 16 AIRLINE CODES: AA: American Airlines (AAL), AF Air France (AFR), AI: Air India (AK), AY Finnair Oy (FIN), AZ: Alitalia Airlines (AZA),BA: British Airways Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), BI: Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR EVA
      385 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Lock icon Page 16 Miscellaneous Column 1
      224 16 CRYPTIC CROSSWORD t ;3,4; 2 Part of church left for con- 16 vlPs give jt a go ing-over YESTERDAY'S SOLUTION templation (5) (3 5) Across: 1 Knowledge, 6 Bight, 9 3 A close run, maybe, for klep- 1-j English way? Ah, no but Nothing, 10 Rosewater, 11 Ingetomaniac (9) a
      224 words
Page thumbnail Page 17
  • SHIPPING
    • Article
      Lock icon Malacca Strait's 'high-risk' grading reversible: insurers
      489 17 Critics argue move raises transport costs and is not justified Reuters [LONDON] A decision to designate the Malacca Strait sea lane as "high risk" and prone to terrorism could be reversed, London underwriters said on Friday amid mounting criticism of the move. The London
      Reuters  -  489 words
    • Article, Illustration
      Lock icon AP Moeller wraps up 2.3b euro P&O deal
      485 17 Acceptances take its stake in P&O to 95.6% Bloomberg [OSLO] AP Moeller-Maersk A/S, the world's biggest container-shipping company, secured enough shares to complete its 2.3 billion euro (554.7 billion) purchase of .Royal P&O Nedlloyd N\f,»the shipping industry's biggest ever takeover. Shareholders of
      Bloomberg; BLOOMBERG  -  485 words
    • Article
      Lock icon Mercator raises 3b rupees from bond sale
      246 17 Bloomberg [MUMBAI] Mercator Lines Ltd, India's fourth-biggest shipping company, said it completed a sale of three billion rupees (Ssl 14.1 million) in bonds on Thursday to raise funds for expanding its fleet and capacity. The company extended the sale of the non-convert-ible debentures
      Bloomberg  -  246 words
    • Article
      Lock icon Far East Sea Shipping may sell ADRs abroad: report
      182 17 Reuters [MOSCOW] Far East Sea Shipping, one of Russia's largest shipping companies, wants the state to sell its remaining 20 per cent in the firm via a share placement abroad, the Vedomosti business daily reported on Thursday. It quoted company representatives
      Reuters  -  182 words
    • Article
      Lock icon TRANSPORT STOCKS
      307 17 S6X '000 A»g5 St W- Vol CH Offshore ..0.41 0.01 3150 ChuanHup .0.93 -0.01 ***** Cosco Corporation .2 55 0.01 4963 CWT Distribution 0.68 0.01 90 Bzra Hldgs _..1.49 -0.01 3205 Freight Links 0 08 unch 486 Grand Banks Yacht 0.96 0.01 61 Jaya Holdings 1.18 -001 3631
      307 words
    • Article
      Lock icon Mitsui OSK boosts Q1 profit as Kawasaki Kisen sees fall
      385 17 Bloomberg (TOKYO] Mitsui OSK Lines Ltd, Japan's second-largest shipping company, said first-quarter profit rose 37 per cent as it carried more cargo and paid less for fuel than rival Kawasaki Kisen Kaisha Ltd. Net income rose to 31 billion yen
      Bloomberg  -  385 words
  • Page 17 Advertisements
    • Advertisement
      Lock icon Page 17 Advertisements Column 1
      399 17 NKY Roßo Vessel As the world's largest Roßo operator, we are equipped to accommodate all your Roßo cargo needs from Passenger cars, buses, trucks, construction machinery to static cargoes. We offer a comprehensive range of Roßo Services and destinations, with regular sailings to multiple ports within Asia, Oceania, India, Persian
      399 words
Page thumbnail Page 18
  • Article
    Lock icon SINGAPORE STOCKS
    3308 18 STRAITS TIMES INDEX STOCKS Stock name Wt dose Chang* Stock name wt Clow Chang* Stock nam* wt Oom Chang* Allgreen 50c 0.29 1-210 -0.040 Haw Par Corp 0.42 5.150 SPH20c 4.73 4.600 +0.020 Ascendasreit 1.04 2.280 -0.040 Hyflux5c 0.53 3.560 -0.120 STErtgglOc 170 2560 +0.030 BIL lntl US20c
    3,308 words
Page thumbnail Page 19
  • Article
    Lock icon FINANCE & COMMODITIES
    3144 19 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In local curr In SS la US$ dy %yr dy Syr dy %yr Au 9 5 Index Change Change Change Change Change Change World lnde« Preiminary 899.8 -0.7 55-0J 3.0-03 U > EAFEPreliminaty 848.7 -0.5 9.9 -0.8 23 -09 0.9 Europe Prefrninary 1189.6
    3,144 words
Page thumbnail Page 20
  • Page 20 Advertisements
    • Advertisement
      Lock icon Page 20 Advertisements Column 1
      1296 20 »il llfllllflM £3 &r MT 1 $W's. ll* KL "!JHS| I 3KS S~ m \±\m flyß. I -1 /33v NYK GROUP SOUTH ASIA PTE LTD \r*v vnyir M'rG v te*****0123 XV A JLuMI \$a&ZJ ML >9 Xm LINE Fax: 6292 2856(Regionalsales)/6239 7109(OPS)/6299 5785 (Documentation) V NIPPON YUSEN KAISHA TOKYO «O»AKU
      1,296 words
    • Advertisement
      Lock icon Page 20 Advertisements Column 2
      851 20 IINTCRAHA RORO SERVICE vssa/voY Margin ggg to sw I jkt STRAITS VENTURE It/OS 15' 3.2 05/06 11/08 M/W It/W STRAITS VENTURE 17/DS 15 3.? 11/01 21/01 25/00 20/00 30/01 STRAITS VENTURE 11/05 15 3J 01/W OVW 00/0* H/M 13/ M IAUSTIIAUAN RORO SERVICE VESSa/VOT I KWfPtl) IHBGHIW) jKBI Ml I
      851 words
Page thumbnail Page 21
  • Page 21 Advertisements
    • Advertisement
      Lock icon Page 21 Advertisements Column 1
      1182 21 www.homburgsud.com H A USE SERVICE (tXPOBT) JW HI SWGAWXI HHSUHE STDWPf WtHOWNt UXIAX*. SINGAPORt HtlSlA* SYOMfY MtHOURNI HjUW Af »KA Sttll SOTS 12/ M 27/ M 24/01 27/06 30/ M SCOTIA (BIS 09/W 14/04 21/04 24/04 27/09 GUTUN HEM2S 19/08 2t/0» 31/01 03/W 04/04 (Al YIW HE 043S 16/04 24/04
      1,182 words
    • Advertisement
      Lock icon Page 21 Advertisements Column 2
      1328 21 YESSR VOY SIN JtT HKGI KHHIMC KYH PUS VKSEL VOY SIN JKT SUB HKG USN PUS HY BRIDGE OWS 11/1 13/1 18/8 *0/8 K/l ?l/8 24/8 KMTt JAKARTA 51 IS 14/8 17/1 18/8 23/8 27/8 28/8 HY VLADIVOSTOK 163S 18/8 20/8 25/8 27/8 29/8 31/8 31/8 KMTCULSAN 516S 21/8 24/8
      1,328 words
    • Advertisement
      Lock icon Page 21 Advertisements Column 3
      923 21 WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICO POINTS VtSSEI VOY sm PXIANGI COLOMBO N. SHEVA COLOMBO «Bfcz*M;Jl:=HtdHb=lfc mnmu ypwot7 ?si ait 2m °uug MM IHDIMMNPm JmaL PI AUfi 02A116 2iMC QL&IHi "AUG KAJIV GAWOHI 0095W OB AUG 09 AUG 12 AUG 15 AUG 18 AUG
      923 words
Page thumbnail Page 22
  • Page 22 Advertisements
    • Advertisement
      Lock icon Page 22 Advertisements Column 1
      946 22 \MMMM WALLENIUS WILHELMSEN website: http://www.2wglobol.com Vtssa VQT |»AJW I HEIGHT I SHI UC MAO "h55«~ MIA SAV Ml OIF NT(~ NEW ~HoT~ TAMESIS AFS2O 1320Taas I 6.4* I 08/08 30/08 08/09 12/09 14/09 14/09 AIYOMA AJSO6 60TMS 5.3* I 10/08 20/09 21/09 24/09 28/09 TOBA AFS2I |400Tms 6.30 M 17/08
      946 words
    • Advertisement
      Lock icon Page 22 Advertisements Column 2
      3 22 see Evii!j£] flrfiMs®
      3 words
    • Advertisement
      Lock icon Page 22 Advertisements Column 3
      1509 22 vtssa voy sm tm msa voy sm m PACOANOA 1528N 05/08 OS/OS PKOWTAH 9310 06/00 09/00 PAC PANDA 152?!! 06ZW 07/08 M CSf 2301 01S6P 06/01 07/08 PAC OMTAN 9311 13/0« 14/00 w iawda um gy/08 00/08 -5L2281 out? Of/ps fy/o«. rfiim jiiii ni i mim PACBANDA ****** 09/08 09/08
      1,509 words
    • Advertisement
      Lock icon Page 22 Advertisements Column 4
      642 22 i BSA it fsn— —Y— MYANMA ffl FIVE STAR LINE (Myaamor National Um) Loading for Ymjm VESSEL VOY SIN PKL PEN PGU PAGAN 348W SU> PAGAN 349W SID IN MALAYSIA: IOUSTIAD SHIPPING AGENCIES KUL/PKL 03-*****388 PIN: 04-*****15 fahasmmm ACCEPTIN6 CONVENTIONAL C6O VESSEL VOY HKG SIN PGII PU. KUC SUNNY KAIT
      642 words
Page thumbnail Page 23
  • THE BUSINESS TIMES SHIPPING TIMES
  • Page 23 Advertisements
    • Advertisement
      Lock icon Page 23 Advertisements Column 1
      572 23 Guaranteed Sailing! I Service from Singapore to: I Los Angeles Keeliing I 14 days transit. Mon A Thurs cut-off I HUB MARINE PTE LTD BOOKING: *****375/716 MAINLINE: *****866 FAX: *****066 OPR CODE "OZ" CR NO **********0Z MARKETING SALES: KELVIN CHUA: *****535, MEUNA LEE: *****187 PTIQANO STOKf YANOON: tMK> STO«-KUCHHO-»U VESSEL
      572 words
    • Advertisement
      Lock icon Page 23 Advertisements Column 2
      552 23 FREIGHT LINKS EXPRESS PTE LTD 51 Penjuru Rood, 3rd Level, Freight Links Express Logisticentre, Singapore *****3 Tel: *****511 Fax: *****577 TEfrFt 7\ E-mail: flesin@singnet.com.sg Iwib Website:http://www.freightlinks.net A ATTRACTIVE RATES TO: 'J ALEXANDRIA GENOA KEILUNG KAOHSIUNG IE HAVRE MALTA MAHC MARSEILLE I>J CEBU DALIAN HONG KONG JAKARTA Inillfi OINGDAO SHANGHAI SURABAYA
      552 words
    • Advertisement
      Lock icon Page 23 Advertisements Column 3
      30 23 MMT F»i: 4444 5100 tad: International Skipping, FurwarlAng and Roßv .Agenda VBSO. VOY SWCAPOM MASAH INCHON A. EMPEROR 32 AUG 14 AUG 25 M. CALM 08 AUG 21 SEP 03
      30 words
    • Advertisement
      Lock icon Page 23 Advertisements Column 4
      462 23 HHBHIIGERWWE 306N 06-07/08 12 14/08 20 21/08 1 ■PSffPl TIGER PEARL 30/N 09 10/08 16-18/08 23 24/08 1 ■flftUliyfl TIGER SEA 308N 14-15/08 20 21/08 27 28/08 1 TIGER SKY 309N 16-17/08 23 25/08 30-31/08 ■MliMfl TIGER WAVE 310N 20 21/08 26 28/08 03-04/09 I PJUIU TIGER PEARL ***** 23
      462 words
Page thumbnail Page 24
Page thumbnail Page 25
  • BizIT
    • Article, Illustration
      Lock icon Nokia working to make mobile workforce a reality
      638 25  -  Companies seek single device with one number to do all their communications By AMIT ROY CHOUDHURY WITH about 100 million cellphones which can potentially send and receive email being used in the AsiaPacific, Nokia's enterprise solutions division is teaming up with partners
      638 words
    • Article
      Lock icon Dell increases China PC shipments by 30%
      373 25 Bloomberg [HONG KONG] Dell Inc, the world's No 1 PC maker, probably raised Q2 shipments in China by about 30 per cent, CEO Kevin Rollins said. Dell's Q1 sales of desktop PCs, laptops and servers grew 30 per cent in China from a
      Bloomberg  -  373 words
    • Article, Illustration
      Lock icon Now you can print at bullet speed
      200 25  -  By CHLOE CHOY AT its launch last week, Riso Kagaku Corp likened its new HCSOOO printer to Japan's Bullet Train, with both offering great speed at an affordable cost. "The HCSOOO is the world's fastest sheet-fed full-colour printer, with a print speed of
      200 words
    • <what's new>
      • Article, Illustration
        Lock icon Fujitsu collector's notebook
        61 25 FUJITSU PC Asia-Pacific has launched a collector's edition of the Lifeßook P7OlO, dressed in various hues of Sapphire Blue, Ruby Red and Amber Yellow. It weighs I.skg, features a dual-layer DVD super multiwriter and battery life of up to 11.2 hours with an optional modular bay battery.
        61 words
      • Article
        Lock icon Siemens CX7S mobile phone
        47 25 Siemens has launched a new cellphone with 1.3 megapixel digital camera with video functionality. The CX7S weighs 98g and will debut from mid August in titanium grey and sand silver. It cost $498 without a plan. For details, visit www. siemens-mobile. com. sg.
        47 words
      • Article, Illustration
        Lock icon D-Link's new VoIP phone
        56 25 D-LINK International is ready with the D-Link DPH-120S, a VoIP (Voice over Internet Protocol) phone, which plugs seamlessly into an office LAN or home broadband network. Users have to register all destination numbers, and the phone operates just like an ordinary telephone. It costs $369. For
        56 words
      • Article
        Lock icon Panasonic clamshell phone
        57 25 PANASONIC has launched its newest cellphone the VS2. It weighs 98g, comes in a slim clamshell model, has a 1.3 megapixel camera with 4x zoom, is currently available in silver and brown, with a pink limited edition version coming up. It costs $398 with a two-year plan,
        57 words
      • Article, Illustration
        Lock icon Everspring's new MP3 player
        48 25 EVERSPRING Industry has introduced its new MP3 player, the Au'Spis PlO. It weighs 30g (without battery), has a built-in FM radio and is compatible with a USB2 interface. It offers 256M8 and 512M8 capacities. Prices start at $52.50. For details visit www. auspis. com.
        48 words
      • Article
        Lock icon Creative's standalone encoder
        66 25  -  Compiled by CHLOE CHOY CREATIVE Technology has unveiled the Home Theatre Connect DTS-610 an external hardware encoding device which lets users connect a media centre or a PC to a multichannel electronics receiver. The encoder allows playback of audio from the PC on a surround-sound home theatre
        66 words
    • Article
      Lock icon Yahoo! A Web search engine for music
      437 25 Surfers can now tap into online music service catalogues LAT-WP [SAN FRANCISCO] Will the Dixie Chicks produce more clicks? Yahoo Inc plans to find out. The Internet giant said it would introduce a Web search engine dedicated to music and other digital audio
      LAT-WP  -  437 words
    • Article, Illustration
      Lock icon New Symantec primed for growth: CEO
      757 26  -  BT exclusive Merger with Veritas is in response to customers wanting more integrated functions from vendors, John Thompson tells AMIT ROY CHOUDHURY AMIT ROY CHOUDHURY THE high-profile merger of security company Symantec Corp and storage solutions maker Veritas Inc was not about cutting costs
      CHRIS LOH  -  757 words
    • Article
      Lock icon Enforcement must be strict: Symantec chief
      488 26 t "THE industry is ready but I don't think the customers are ready." That candid response came from John Thompson, CEO of Symantec, when asked if security vendors like Symantec were ready to face what analysts say is an entirely new level of threat
      488 words
    • <what's up>
      • Article
        Lock icon NICC gets new chairman...
        55 26 THE National Infocomm Competency Centre (NICC) last week appointed Lee Kwok Cheong, chairman of NCS and CEO of UNIDim, as its chairman. Former NICC chairman Alex Siow stays on the board as an independent director and has been accorded the titles of founder and honorary adviser
        55 words
      • Article
        Lock icon ... and will ran its Olympiad
        67 26 and will ran its Olympiad THE National Infocomm Competency Centre (N1CC) is inviting all certified professionals to take part in NICC's Certification Olympiad a drive to encourage candidates to be certified by Aug 10. The top scorers will be rewarded by the certificate owners at NICC's annual symposium called Pace
        67 words
      • Article
        Lock icon Mikoishi's games in the US
        89 26 HOMEGROWN Mikoishi has become the first local company to have its mobile games distributed in the US, after signing a deal with mobile entertainment publisher THQ Wireless Inc, a subsidiary of Nasdaq-listed THQ Inc. THQ Wireless will distribute Mikoishi's mobile games, which were developed under
        89 words
      • Article
        Lock icon RFID in a bonded warehouse
        94 26 HOMEGROWN logistics management company YCH Group last week said that it has completed a pilot RFID project in a bonded warehouse. YCH claims it is the first to implement the latest RFID UHF frequency band 923-925 MHz —which was allocated by IDA last November into
        94 words
      • Article
        Lock icon Balanced scorecard seminar
        34 26  -  Compiled by Chloe Choy ASEP Technologies will hold a "Balanced scorecard and project prioritisation methodology" seminar on Sept 30 at the Marriott Hotel. For details, contact Samantha Lee at samantha@crownsys. com.sg
        34 words
    • Article
      Lock icon IBM doubles chip speed for wireless devices
      252 26 Bloomberg [NEW YORK] IBM Corp, the largest maker of semiconductors for game consoles, has doubled the speed of its Silicon Germanium (SiGe) chips used in mobile phones and other wireless and digital devices. The SiGe chip combines communications and computing on one chip.
      Bloomberg  -  252 words
    • Article
      Lock icon Deleting computer files now big business
      430 26 LATWP [NEW YORK] Consider the case of Robert Johnson, the former Newsday publisher who, prosecutors allege, used a software program called Evidence Eliminator to rid his computers of child porn. Pressing "delete" makes files invisible, perhaps, but it doesn't make them gone. Making files
      LATWP  -  430 words
    • Article
      Lock icon FCC lets phone companies raise rivals' access rates
      267 26 Bloomberg [WASHINGTON] US telecom regulators last Friday handed a victory to Verizon Communications and other phone companies, allowing them to raise the rates they charge high-speed Internet operators to use their networks. The FCC (Federal Communications Commission) voted 4-0 to let Verizon
      Bloomberg  -  267 words
Page thumbnail Page 26