The Business Times, 17 October 2005

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Total Pages: 32
1 32 The Business Times
  • 17 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://btisiness-times.asia 1 .com.sg MICA (P) 089/03/2005 Monday, October 17,2005
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  • 1031 1  -  These high-achievers say that it's performance and drive, not gender that should dictate success By RAJU CHELLAM [SINGAPORE] In probably the first such definitive trend here, seven key infotech MNCs are now helmed by women, either as head of Singapore operations or
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  • 633 1  -  Wider market gains in next 12 months likely to be 5-10% By KALPANA RASHIWALA [SINGAPORE] There could be a 10 to 20 per cent increase in prices of selected residential projects here over the next 12 months, according to Capita Land
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  • Page 1 Advertisements
    • 135 1 YOUNG INVESTORS' Pulling cash out of a hat 12 Now that you've reached enjoy the You're the kind of leader who never settles for second best, without compromising comfort. Voted "Auto Motor so it's only fitting that you drive the car that is first in the Luxury Car of the
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    • 32 1 ■■■M MAD ABOUT MACHINES Tbxtile machinery show ITMA Asia 2005 opens WHHHI PGSI3-16 BT ONLINE Print subscribers can access our online news anytime. Call 6388-3838 to subscribe and activate your online account
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    • 16 1 \f DINING OUT Autumn indulgence PGII 111 ill 8 "*****1 *****4 Markets Digest It held over
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  • TOP STORIES
    • 648 2  -  Fund to produce HD programmes over 3 years, to air on VOOM network By GEOFFREY EU in Cannes A DEAL to create a US$2O million production fund exclusively for High-Defini-tion Television (HDTV) programming will be announced today at the MIPCOM TV trade mart
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    • 701 2  -  By KALPANA RASHIWALA [SINGAPORE] Property giant Capita Land has sold over 750 private homes fn Singapore since the start of the year, worth nearly $1 billion topping sales of 468 homes totalling just under $400 million for the whole of last
      YEN MENG JIIN  -  701 words
    • 583 2 Asian catastrophe risk management needed IT is common sense that other than in the immediate aftermath of any disaster, insurance is more efficient than handouts or aid in rehabilitating victims. But this is lacking in much of the developing world. While natural disasters may be unavoidable, a lot
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    • 492 2 Venue to be used till Kallang Sports Hub is ready [SINGAPORE] Come 2007, the National Day Parade (NDP) will be held on water at Marina Bay for the first time in Singapore history. And it will continue to be
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    • 874 3  -  COMMENTARY More insurance and innovative measures can help reduce post-disaster pain VIKRAM KHANNA Associate Editor PAKISTAN'S National Insurance Company (NIC) has announced that it will contribute 50 million rupees (S$ 1.42 million) towards the "President's Relief Fund for Earthquake Victims 2005". When I read that
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    • 567 3  -  Regulators fear its collapse could hit brokers, markets By NEIL BEHRMANN in London KEY divisions of Refco, the stricken global derivatives and securities firm, are expected to be put up for sale in the coming days to keep the stricken company afloat and
      AP  -  567 words
  • Page 2 Advertisements
    • 49 2 ijs How simplier can Freshly brewed coffee a simple on an interactive touch-display panel. Equipped with the innovative Saeco Brewing System, Saeco's stylish and elegant automatic vf fr espresso machines ensure high performance. 4 r\ HH With so many features a HB^^V Saeco machine, preparing great tasting Avotabte scores
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  • Page 3 Advertisements
    • 381 3 I r A* TIFFANY&Co. A Holiday Business Plan Please call 6735 1848 for the new holiday business gift catalogue. Inside are timeless gifts to thank employees, clients and colleagues. Tiffany&Co. SINGAPORE RAFFLES HOTEL ARCADE NGEE ANN CITY BUSINESS SALES 6735 1848 A recent study by Fortune magazine asked executives to
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  • COMPANY NEWS
    • 483 4  -  Kim Eng favours Suntec, Prime Reits, Capita Mall, Ascott, Sincere Watch By KALPANA RASHIWALA SINGAPORE is poised to ride a revival in the region's leisure, entertainment and consumer industries and Real Estate Investment Trusts owning shopping centres like Capita Mall Trust,
      FILE PHOTO  -  483 words
    • 307 4  -  By LESLIE YEE THE Securities Investors Association (Singapore) (SIAS) will continue to procure funding from corporate sponsorship but "we will not compromise our watchdog role", said SIAS', president David Gerald. Funds received from corporate sponsorship is used to organise activities such as investor
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    • 594 4  -  HOCK LOCK SIEW By R SIVANITHY Surprising though this may be, there is probably a small number of market watchers who might have been disappointed at news last week that, going by third quarter turnover, Singapore has now eclipsed Euronext as the world's fifth largest warrant
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    • 303 4  -  Temasek remains the frontrunner, sources say By LESLIE YEE THE identity of China Aviation Oil's new investor is likely to be revealed next month, and Temasek Holdings is still the frontrunner even though various parties have expressed interest, according to sources familiar
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    • 322 4 SINGAPORE Exchange's Bull Run 2005 will benefit 14 charities helping children and youths, including the Autism Association (Singapore), which will receive 30 per cent of donation proceeds. The Straits Times School Pocket Money Fund will receive 10 per cent. Another 12 organisations will each
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    • 449 4  -  By MATTHEW PHAN CITYNEON Holdings, which provides exhibition services at international conventions such as the recently concluded Global Entrepolis Singapore, and trade shows like Food and Hotel Asia and the Middle East Oil Show, is seeking a listing on Sesdaq. Cityneon derived 87
      449 words

  • SINGAPORE MARKETS
    • 1243 5  -  TEH HOOI LING Senior Correspondent THE Singapore market has succumbed to profit-taking after about a month of solid gains. week, only 29 per cent of all stocks listed on the Singapore Exchange managed to eke out some gains while 42 per cent weakened.
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    • 1350 5  -  INSIDE MARKET Purchases seen for PCA Technology, UIC and Venture Corp and sales for Magnecomp, reports ROBERT HALILI ROBERT HALILI THE trading activity by directors and substantial shareholders remained flat with only 68 trades worth $31 million, based on filings in the second
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    • 760 6  -  STOCKS R SIVANITHY Senior Correspondent LAST week's column raised the possibility that a large part of daily stockmarket activity comes from program trading, which is the buying and selling of large blocks of shares based on short-term sector or
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    • 306 6 CURRENCIES AFP [HONG KONG] Asian currencies ended last week lower against the dollar on expectations of further US rate rises, with the latest inflation data seen as indicating that the Federal Reserve would continue with its tightening stance. Japanese yen: The yen tumbled
      AFP  -  306 words
    • 1618 6 WEEKLY Consensus No.of Forecast Mean Fri's Consensus No.of Forecast Mean Fri's recommendation esti- EPS PE target price recommendation esti- EPS PC target price Company name This wfc Last mth mates (cents) (ratio) price Company name TNtwfc Last mth mates (cents) (ratio) price Allgreen Prop 2.11 2.36 9 5.91
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    • 795 6 Paymcm t» kecks Pay Payment Ex Boofcj Pay w*» «L l<ft) do*. Ate AcNe« US1 5c I ftST* UOci I80n H0o lum Chang Mtdgs 50c b 125 IWKfc ISM* iSNe AdwarteSCTSc y 100 11-00 14 Oa 26-0a U/ngKeeHKIOt I MK9TA 265 <*■ 79Sep 180c AmtaMnggJOr f 700 07
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    • 326 6 COMMODITIES: WEEKLY ROUNDUP AFP [LONDON] World oil prices held steady last week as traders absorbed stronger-than-expected demand forecasts for 2006. Gold, silver and platinum forged multi-year high points, copper breached a fresh historic record, and cotton sprang to the highest level for
      AFP  -  326 words


  • Page 7 Advertisements
    • 367 7 GREATER SAVINGS, BETTER REACH FOR YOUR BUSINESS Because at Pelepas FREE ZONE, you will benefit from a 30% savings on your current operational costs. Pelepas FREE ZONE offers ready-built warehouses suitable For greater efficiency, no customs formalities are required for for distribution, consolidation and warehousing activities, all FREE ZONE activities.
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  • VIEWS FROM THE TOP
    • 2684 8 THIS WEEK'S TOPIC How is the stronger legislation and enforcement of anti-piracy laws affecting the way companies conduct their business? Could things be done better? AS a software vendor, I was pleased to see this type of legislation coming into effect. In my former role as general
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  • Page 8 Advertisements
    • 69 8 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
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  • Page 9 Advertisements
    • 248 9 M- '+<" < "V, jt"- f'< >•■> A>' y v ,J- X Today I have to nnfi>m HijlH, Imid I fl ft m II m I I 1 —I.A. f meet suppliers in Loyang,4miMtwMfr j Tj^omefoTfan^ Cancel the hassle of meetings and change the way you work. From Bangkok to
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    • 22 9 HAVE YOUR SAY What do you think of the opinions expressed in these pages? Share your views by writing to btletter@sph.com .sg
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  • SINGAPORE NEWS
    • 544 10  -  US biotech contract research giant says S'pore is part of growth plan By CHEN HUIFEN US giant Quintiles Transnational Inc, which handles outsourced research work from pharmaceutical or biotechnology companies, is in expansion mode in Asia. The world's biggest contract research organisation plans to boost
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    • 348 10  -  By MATTHEW PHAN RESPONSE to the Singapore Marathon has been overwhelming, forcing organiser Standard Chartered to close registration for the run nearly a month early. By last Friday, Stanchart had received more than 20,000 applications, compared with last year's final registration figure of 14,450 runners.
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    • 236 10 DATE/ TIME EVENT VENUE 17 Oct ISEAS Seminar on Islam and ISEAS, Seminar Room 10.30am Ethnicity in Malaysia: 1,30 Heng Mui Keng Implications and Prospects Terrace, Pasir Panjang for Nation-Building 17 Oct EAI Seminar in Mandarin on EAI Conference Room, 3.30pm The Development of Blk AS5, Level 4,
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  • Page 10 Advertisements
    • 96 10 ■J [i AKb 4H <4 .^i f i^g^HMwfl^H^^^B|H|BH v r H IBmBBoS3L I I m mb* •jP%t«i'' f!W <^. 5 -*#> -m*** m- <a4HHHMiMnta»> ENVIRONMENT MATTERS: The broader business perspective. The fastest growing international publication among Asia's business elite is the International Herald Tribune. They rely on it to explain
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    • 152 10 [ir Sale of Shares in C2C Pte Ltd Rod Sutton and Tim Reid, in their capacity as Receivers and Managers of the issued shares of C2C Pte Ltd seek expressions of interest for the acquisition of all the issued shares of C2C Re Ltd. C2C Re Ltd and its subsidiaries
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  • DINING OUT
    • 1393 11 YOU can't tell it's autumn in Singapore any more than a layman can tell whether a truffle is from France or China. Still, that hasn't stopped several fine dining restaurants from celebrating the season's bounty. Saint Pierre #01-01 Central Mall. Tel: 6438-0887 CHEF Emmanuel Stroobant seems to be
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  • Page 11 Advertisements
    • 137 11 Dine in for FA mmm A perfect blend of exceptional seafood in a lively and casual atmosphere, honjinNEXTdoor features an array of exquisite recipes that includes wj fresh seafood selections. From enticing appetizers and assorted salads B mm to bountiful seafood platters üßtfk —l. a fi n tajt:LC Exclusively for
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    • 16 11 DINING OUT A sponsored series on fine dining experiences brought to you by UOB Credit Card
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  • BT-OTSBANK YOUNG INVESTORS' FORUM
    • 533 12  -  This week, we begin a three-part series on what structured deposits are, how they work and what to look out for before investing in them. DANIEL BUENAS has the details DANIEL BUENAS What is a structured deposit? A structured deposit is basically a combination
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    • 585 12  -  CAMPUS LIFE RACHEL LIN talks to an NTU student who uses his passion for magic to earn some extra money RACHEL LIN FORGET Harry Potter. When it comes to practising magic, you don't need to head off to Hogwarts as Jason Law, an engineering
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  • Page 12 Advertisements
    • 251 12 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
      251 words

  • ITMA ASIA 2005
    • 657 13  -  UMA SHANKARI explains why this exhibition of textile machinery is so timely UMA SHANKARI STARTING today, the halls of Singapore Expo will be filled with the whirring sounds of hundreds of machines as ITMA Asia 2005 comes to town. The event is the premier Asian international exhibition
      PHOTOS: YEN MENG JIIN  -  657 words
    • 305 13  -  By UMA SHANKARI BRINGING an exhibition of such magnitude to Singapore is no easy task. According to organisers Meeting Planners International, as many as 30,000 government and textile association officials, buyers, dealers and agents from more than 30 countries are expected to patronise the show,
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    • 880 14  -  ITMA Asia 2005 is packed with equipment ranging from fabric design software to air-conditioners for spinning machines, MATTHEW PHAN reports MATTHEW PHAN TECHNOLOGY is rejuvenating traditional manufacturing sectors across Asia, and the textile industry is no exception. As rapidly as emerging market firms are
      YEN MENG JIIN  -  880 words
    • 823 16  -  Together with the exhibitors, a total visitorship of 30,000 is within reach for ITMA Asia 2005, the show's organisers tell OH BOOM PING OH BOOM PING HOSTING exhibitions like the textile machinery exhibition ITMA Asia 2005 "reinforces Singapore's image as a country that's equipped to
      YEN MENG JIIN  -  823 words
  • Page 13 Advertisements
    • 188 13 Singex Welcomes Exhibitors and Visitors of The 2nd Asian International Exhibition Of Textile Machinery 17 oct-21 Oct 2005 at Singapore Expo M PPM! 1 jA i <4 dl |Bflßl Va *t gg j&tji' Singex venues, a member of the Singex Singapore Expo The Largest Leading Group of Companies, focuses on
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    • 112 13 The NLI l/TWIN-SE Carpet with TWO synchronised needle zones for the production quality rib velour products and, with on A] H Carpet offers advantages: Large-scale maximum pattern m 1 K 3 unattainable mm patterns a pH the carpet also the or completely new m The patterns one Hobnail patterns at
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  • Page 14 Advertisements
    • 159 14 ■hi/• i _«ir*» WSjj| ip 1 'inf* .B* fK ft v -77&WST/A//C--SPECIALISED LOGISTICS IS OUR BUSINESS Sole Official Freight Forwarder YOUR DEPENDABLE ITMA Asia 2005 LOGISTICS PARTNER 17-21 October 2005, Singapore Expo Speed, convenience and cost effectiveness are the hallmarks of quality service which Trans-Link Trans-Link Exhibition Forwarding Pte Ltd
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    • 113 14 tl The second edition of ITMA ASIA will attract this year an even stronger and more significant participation of the Italian companies. 140 exhibitors will be attending the show, covering a complete range of the best of the Italian production in the sector of textile machinery, including spinning, weaving, knitting
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  • Page 15 Advertisements
    • 125 15 M I 'IfN I ii'i! \M il u H s I! i ''I i• I ;hi ij lijilb i i.'iM lijii iili t] s ii| 1 Jjl J I j Owned by Organised by Endorsed by Supported by HeQ in H Mi j S 1 CEMATEX AA M aif 4
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  • Page 16 Advertisements

  • ECONOMY WATCH
    • 440 17 Certain countries not willing to give up voting share Reuters [XIANGHE, China] Rich and emerging nations agreed over the weekend that the division of national influence over the International Monetary Fund (IMF) needed changing, but they remained deeply divided on how
      Reuters  -  440 words
    • 552 17 GROUP OF 20 MEETING It stresses need for alternative energy sources, appropriate fiscal and monetary policies Bloomberg, Reuters [XIANGHE, China] The Group of 20 industrial and developing nations cited high oil prices, widening global imbalances and protectionism as the main risks to global
      Bloomberg,; Reuters; REUTERS  -  552 words
    • 279 17 AFP [NEW DELHI] Indian households are making record purchases of gold as oil price-driven inflation threatens to wipe out savings from rising incomes. Gold buying in the world's largest market for the precious metal has shot up by 50 per cent in the
      AFP  -  279 words
    • 343 17 AP [WASHINGTON] The US federal deficit hit US$3l9 billion for the budget year that has just ended, down significantly from last year's record red ink, although a surge in Katrinadriven spending promises to drive the shortfall up again. The improvement from the
      AP  -  343 words
    • 299 17 US$500m in aid pledges received from abroad AFP, AP [ISLAMABAD] Pakistan has suffered about US$5 billion in losses to infrastructure from the massive earthquake and has been pledged US$5OO million to rebuild, Prime Minister Shaukat Aziz said last Saturday. "Close to US$5
      AFP,; AP  -  299 words
  • Page 17 Advertisements
    • 391 17 Hk\V fr Sole Distributor: serangoon Appollo Sellappas Mega Departments Gold Mart 3 Campbell Lane, 153 Dunlop Street Tel: *****691 Bhatia Brothers Pte. Ltd. 1 North Bridge Road Bharatf, WatdTpteUd iTserangoon Road Tel: *****029 #01 -36 Hiqh Street Centre Tel: 6339 3700 Emri Electronics Pte Ltd 242, Serangoon Road Tel: *****731
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  • MALAYSIA/INDONESIA
    • 520 18  -  MALAYSIA INSIGHT S JAYASANKARAN KL Correspondent It's easier to be critical than correct, Benjamin Disraeli once said. AS»a comment on the state of the opposition in Britain's parliament, it was somewhat jaundiced but Mr Disraeli was right and his comment also applies to newspaper
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    • 456 18 Govt forms team to upgrade seaports and airport to world-class faster I JAKARTA] As a follow-up to the recent upgrading of the status of Batam's Industrial Bonded Zone into a "Bonded Zone Plus", the government is setting out to develop the island into
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    • 238 18 Reuters [KUALA LUMPUR] Malaysia's Federal Territories Minister Isa Samad plans to resign since the ruling party has rejected his appeal against a suspension on charges of vote-buying, a newspaper reported yesterday. Mr Isa, 56, will submit a resignation letter to the government's
      Reuters; REUTERS FILE PHOTO  -  238 words
    • 166 18 Reuters [KUALA LUMPUR] Malaysian state-run power utility Tenaga Nasional has received government approval to call for tenders to build a 300-megawatt coal-fired power plant in eastern Sabah state, a business weekly has reported. It would be the first power plant project to be
      Reuters  -  166 words
    • 473 18 Fuel prices may drive loss to RM230m: brokers [KUALA LUMPUR] Malaysia Airlines may report higher-than-expected losses this year since rising jet fuel prices could worsen its already challenging business environment, Malaysia's Business Times reported over the weekend. A Reuters Estimates consensus
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  • Page 18 Advertisements
    • 115 18 Diners Club Card To apply. d/ ***** 0980 n A World of Exclusive Privileges Treats /j| Diners Club oy. International' yfr BRING IT ON Prepare to tackle a mouth-watering B selection of freshly prepared cuisine at our new Cafebiz. Indulge in freshly prepared dishes for both lunch and dinner, all
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    • 34 18 r at/fun/ it 'S//rn r f" KATFIfS M A I! I n lOTW WiM r>fi»v Sf VUIU 1.1 ...'-.i vkvi I ~1 |i EniJli di> u t i!l;c<>lH4UllU vtHII >V N >A lIM *>t
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    • 61 18 11 v 00; in i i »ii J it i imi 1 'j I r— •I; ORCHARD f SH€NTON UJRV »I t y Chatterbox The Neptune vit why are the CHICKENS Becoz chatterbox is now opening a iu> ul'ik-'i at going to ahenton Way.. the NEPTUNE CoiiyerQuay on Monday. 24
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  • GREATER CHINA/INDIA
    • 584 19 It wants flexible yuan, looser rules on investment in banking sector AFP, Reuters [XIANGHE, China] Top US and Chinese economic leaders launched their annual talks here with Washington agitating for sweeping changes to China's heavily controlled economy and financial markets. Chinese Finance Minister
      AFP,; Reuters  -  584 words
    • 413 19 It will rely on own resources to cope with high oil prices Bloomberg [BEIJING] China plans to use "tax measures" to dampen demand for oil, Finance Minister Jin Renqing said yesterday. The government will also promote the use of low-energy-consumption vehicles and
      Bloomberg; AFP  -  413 words
    • 734 19 Investors anticipate downturn after market hits record highs Reuters [NEW DELHI] A five-month rally to record highs has made Indian shares expensive, and investors scent a downturn as equity funds appear hesitant to invest more. Company profits are still growing strongly, and
      Reuters  -  734 words
    • 318 19 Bloomberg (TAIPEI] Lin Wen-yuan, China Steel Corp chairman, has offered to resign and says he will donate his bonus to charities after Taiwan lawmakers demanded that he return the "unreasonably high" payments. Mr Lin said at a press briefing here last Saturday
      Bloomberg  -  318 words
    • 285 19 AP [HYDERABAD] Indian President APJ Abdul Kalam has expressed concern about a free mapping program from Google Inc, warning it could help terrorists by providing satellite photos of potential targets. Google Earth, an Internet site launched in June this year, allows users to access satellite
      AP  -  285 words
    • 272 19 India: ancient and still terribly sexy The Times of India [LONDON] India, the land of Kama Sutra, has been voted as one of the two sexiest nations. The other nation with the most sex appeal is Brazil. In a global survey conducted through ThislsTheLife.com, over 3,000 people gave their opinion
      The Times of India  -  272 words
  • Page 19 Advertisements
    • 891 19 NOTICES IN THE MATTER OF THE COMPANIES ACT (CAP 50) AND RICHARD GLYNN CONSULTANTS PTE LTD Company Registration No. *****0460W (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308(2) of the Companies Act. Cap. 50. that the Final Meeting of the abovenamed Company will be held at
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  • ASIA-PACIFIC/WORLD
    • 814 20  -  WALL STREET INSIGHT Analysts believe a strong third quarter could spark a market bounce By ANDREW MARKS in New York THE market is focused tightly on numbers. Last week, it was economic data, especially the numbers that came out last Friday in the
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    • 3239 20 Transaction date: Oct 14 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 HONG KONG m u Mm '000 eForce Hldgs 0.02 unch 100 Egana Jewellery 1.14 unch 572 Aeon Credit 5.95 0 05 138 EganaGoldpfeil1.78
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    • 548 20 AFP [BANGKOK] Bangkok's four-year property boom has slowed dramatically this year, with a 24 per cent drop in new home starts. But few here worry about a repeat of the bubble that popped with the 1997 financial crisis and experts say the drop shows the market
      AFP  -  548 words
    • 490 20 Supplies of vaccines, antiviral drugs inadequate [BRUSSELS] Europe is not properly prepared for a flu pandemic and has inadequate supplies of vaccines and antiviral drugs, the Financial Times reports, citing an internal European Commission document that it said it had obtained.
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    • 302 20 NYT [NEW YORK] The letters to federal banking regulators, which poured in at a rate of 20 a day, are a catalogue of fear. The chief executive of a bank in North Dakota predicted a "dangerous and unprecedented concentration of economic power". The president
      NYT  -  302 words

  • AVIATION
    • 461 21 Open-Skies Agreement spurs more non-stop flights, code share deals [MINNEAPOLIS] Six months after the OpenSkies Agreement between India and the US came into force, major American carriers are scrambling for a pie in the fast-growing Indian skyline, according to a report in
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    • 157 21 Bloomberg [ROME] Alitalia, Italy's biggest airline, plans to seek a US$4B5 million loan backed by the carrier's planes as part of efforts to return* to profit after five years of operating losses. Alitalia may ask an unidentified "major US financial institution" for the loan, the
      Bloomberg  -  157 words
    • 260 21 AP, AFP [COLOMBO] A SriLankan Airlines stewardess called in a bomb threat because she wanted a day off, a newspaper reported yesterday. Investigators traced the call and found that it was made from a mobile phone belonging to the stewardess* boyfriend,
      AP,; AFP  -  260 words
    • 661 21 AFP [PABIS] With a potentially lethal bird flu virus causing worldwide anxiety as it spreads from Asia to Europe, the world's airlines have gone on special alert, while cautioning against over-reaction. Air traffic suffered a serious blow from a
      AFP  -  661 words
    • 271 21 AFP [DHAKA] Cash-strapped Bangladeshi national carrier Biman Airlines will sell a 61 per cent stake to private investors in an effort to increase efficiency, a senior executive said yesterday. "The board of Biman has decided in principle to offload 61 per cent shares
      AFP  -  271 words
    • 2027 21 CITY FUGHT ETA FLIGHT ITO BA7381 1850 Of 81 1850 A C M 7 11so Danaa MB66 H2S MI566 QMS BA7381 1850 D#lh! ***** 0630 ***** 0900 QF81 1850 SQ407 0715 IC860 0925 m g jg gg KL837 1450 5Q124 2345 Danpasar tak ***** 1145 *****
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    • LOG BOOK
      • 129 21 Reuters [HONG KONG] A record high 304,000 tonnes of cargo was handled by Hong Kong International Airport in September, up 9.2 per cent from the same year-earlier month, the Airport Authority said yesterday. Some 3.3 million passengers passed through the airport in September, up
        Reuters  -  129 words
      • 102 21 AP [HYDERABAD] Torrential rains yesterday killed four people in the southern state of Andhra Pradesh and kept a key airport shut for the third straight day, officials said. The worst-hit area was the coastal city of Vishakhapatanam, where authorities shut the airport on Friday
        AP  -  102 words
  • Page 21 Miscellaneous
    • 333 21 CRYPTIC CROSSWORD 1 Periods of duty done by P 3 f P PI guards H scare other 11 Foreign country one's entered __HH_ 12 A real eyesore (4) with boy (7) 7T~Ph 15 Quickness of the hand is unimportant, they say (7) LaJ ■■■■18 iHHH 16 Lawful time, back in
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  • SHIPPING
    • 449 22  -  Korean yard now accepting orders for the 13 ,000-TEU behemoth By DONALD URQUHART [SINGAPORE] The world's largest container ship capable of carrying over 13,000 TEUs (20-ft containers) has been unveiled and is ready for orders, according to Germanischer Lloyd (GL) and
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    • 192 22 Bloomberg [SEOUL] Daewoo shipbuildings Marine Engineering Co, the world's second largest shipbuilder, said it will bid for Santierul Naval 2 Mai Mangalia, a Romanian government-owned shipyard, to expand capacity in the country. "Daewoo Shipbuilding plans to make a bid next week," Ahn Wook Hyeon,
      Bloomberg  -  192 words
    • 407 22 Reuters [COPENHAGEN] Global maritime anti-terror laws introduced last year have broadly enhanced sea security, but many challenges lie ahead, a principal architect of the measures said in an interview. James F Wall, until 2004 chair of the UN International Maritime Organisation's (IMO) security
      Reuters  -  407 words
    • 197 22 IHT [PARIS] In a dispute highlighting the difficulties faced by the French government in privatising state assets, workers at a state-owned ferry company linking the city of Marseille with the island of Corsica and north Africa voted on Thursday to return to work.
      IHT  -  197 words
    • 156 22 Reuters [CHITTAGONG] Bangladesh's main Chittagong port resumed normal activity yesterday after coaster operators ended a strike that had crippled cargo handling for three days, officials said. Operators of some 400 coasters started an indefinite strike on Thursday to demand customs authorities
      Reuters  -  156 words
    • 293 22 SGX '000 Oct 14 SS Vol CH Offshore 0.41 -0.01 744 ChuanHup .0.90 unch 2271 Cosco Corporation .242 0.01 5145 CWT Distribution 0.92 0.08 2143 Ezra Hldgs 1.46 unch 1644 Freight Links 0.07 unch 80 Grand Banks Yacht 0.95 unch 0 Java Holdings 1.28 unch 304 K1 Venture
      293 words
    • 316 22 Bloomberg [LONDON] The UK's Port of Southampton may handle about 1.5 million containers of imported goods this year, little changed from 2004, as consumers in Europe's second-largest economy retrench, according to Southampton Container Terminals. The terminal operator handled about 1.44 million containers in 2004, according
      Bloomberg  -  316 words
  • Page 22 Advertisements

  • 11781 23 STRAITS TIMES INDEX STOCKS Stock name Wt Close Change Allgreen 50c 0.33 1.350 Ascendasreit 1.06 2.120 BIL Intl US20C 0.51 1.270 +0.010 CapitaLand 3.28 3.340 -0040 CapitaMall 0.84 2.410 0 040~ Chart SemiCond 26c 0.66 1.000 -0.020 CityDev 50c 2.63 9.050 ComfortDelGro 25c 1.60 1.480 -0.020 Cosco Corp
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  • 6152 24 FINANCE COMMODITIES INTERBANK CROSS RATES <* AS Q Rmb Euro HK$ Ind Hi Kupiah Vtn Wow KM NZS Pik to P«»o SS Rand Sfr WT> Mht round US$ Australia 0.886 6.064 0.624 5.817 33.634 75.800 0.860 7.853 2.828 1.083 44.843 41.844 1.268 4.938 0.968 25.102 30.684 0.428 0.750 Canada 1.128
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  • Page 25 Advertisements
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  • Page 26 Advertisements
    • 1266 26 www.hombufgsud.com ASIA SERVICE SUWC 1 (EXPORT) ASIA SERVICE SIINO 1 (IXPOKT) Vwml/Vww sVItsAPORE DURBAN SEPfTIIA SANTOS ITAJAI PARANAGUA VwMl/Vtyiy. SINGAPORE MIEHOS AIRES RIOORAMOf SANTOS SEPETHA Cop Cornel 504W 19/10 30/10 09/11 10/11 12/11 13/11 Buxnorm 501W 22/10 14/11 It/11 11/11 20/11 Cap Salinas 502W 26/10 04/11 16/11 17/11 19/11 20/11
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    • 1382 26 VESSEL VOY SIN JKT HKG KHH INC KYH PUS VESSEL VOY SIN JKT SUB HKG USN PUS HY VLADIVOSTOK 166S 20/10 22/10 27/10 29/10 31/10 2/11 2/11 SUNSET BAY 502S 23/10 26/10 27/10 1/11 5/11 6/11 HYPROGRESS "lOtt" 27/?o" W/io" W 1/iT lfl\ 9/17 W KMTCPUSAN 512S 3Q/io" 02/11 03/11
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    • 783 26 W SJGIFA WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS VESSEL VOT SIN PJCUWG COLOMBO N. SHEVA COLOMBO INDIRA GANDHI 0097W 12 OO 13 OH It 00 19 OCT 22 OCT RAJIV GANDHI JOEL ME HUSH _2Zlia 25_Qfl MO KOTA PERTAMA YPMQ2S MKT 25 QU
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  • Page 27 Advertisements
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  • THE BUSINESS TIMES SHIPPING TIMES
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  • Page 28 Advertisements
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  • BizIT
    • 475 30  -  Region's share to grow to 20-25% this year, with digital video and computer gaming By ROLAND LIM AS the entertainment industry gets increasingly digital, California-based software giant Autodesk is banking on riding this wave to grow its media and entertainment division, especially in
      475 words
    • 408 30 Reuters [SEOUL] Apple Computers Inc, the maker of iPod digital music players, has dropped a joint US$3.B billion investment plan in flash chip production of Samsung Electronics Co Ltd, a South Korean newspaper said last Saturday. "Apple had proposed about 4 trillion won
      Reuters  -  408 words
    • 335 30  -  By LEE KIM SIANG SLEEK, lightweight and quick to set up, NEC Solutions Asia Pacific's new LT series of projectors are being promoted as the ideal answer for the travelling presenter. "Not only is the LT2S/30/35 small enough to fit in a briefcase, it is
      335 words
    • <what's new>
      • 115 30 OLYMPUS has released the eight-megapixel Olympus E-500 (above), its latest digital single lens reflex (DSLR) camera which competes against the likes of Canon's EOS 350 D and Nikon's D5O. Touted as the world's lightest DSLR with a weight of 435 grammes, the camera continues to feature
        115 words
      • 105 30 PALM'S latest attempt at rejuvenating the personal digital assistant (PDA) market centres around two new models the Wi-Fi enabled Palm TX (above) and the Palm 722. The $548 Palm TX has a 320x480 pixel colour screen, and also features Bluetooth wireless connectivity. Powered by
        105 words
      • 126 30 MOBILEONE (Ml) 3G customers will be able to have up to 20 different mobile video channels "pushed" onto their 3G phones with its new Watch-a-Video service. The service will "push" two- to five-minute video clips to their phones one to three times a week. Channels
        126 words
      • 105 30 NETWORKING specialist 3Com has released two new wireless products the 3Com WXRIOO Remote Office Wireless LAN Switch and the 3Com Wireless LAN Managed Access Point (MAP) 3750, both targeted at branch offices of enterprises. The WXRIOO is a wireless switch equipped with a Web Quick Start function
        105 words
      • 107 30 NOKIA has released three new phones the Nokia E6O, Nokia E6l and Nokia E7O all targeted at business users. The E6O retains the traditional candy-bar shape but packs in Wi-Fi wireless network connectivity. The E6l features a "Qwerty" keyboard similar to a Palm Treo smartphone, while
        107 words
      • 96 30 SONY Ericsson has released the P99oi, its flagship 3G smartphone with Wi-Fi wireless network connectivity. The phone runs on the Symbian OS version 9.1 operating system and features the UIQ 3 software platform, which aims to standardise and simplify software application development for mobile phones. The
        96 words
      • 145 30  -  Compiled by ROLAND LIM ADOBE has released new versions of its image editor Adobe Photoshop Elements 4.0 and video editor Adobe Premiere Elements 2.0. Adobe Photoshop Elements 4.0 now features enhanced functions such as improved Red Eye Removal, which eliminates the red-eye effect in photos as
        145 words
    • 904 31  -  BT exclusive Most of them got the top job after achieving record sales or turning the company around, as RAJU CHELLAM finds out RAJU CHELLAM FOR perhaps the first time in Singapore, seven infotech MNCs now are headed by women
      904 words
    • <what's up>
      • 52 31 HOMEGROWN Matrix View Ltd, currently making waves with its Adaptive Binary Optimisation (ABO) digital content management technology, has appointed Ravindran Krishnan as its chief technology officer. Mr Krishnan, 41, will be responsible for directing strategic technology initiatives and guiding application development to support the firm's
        52 words
      • 56 31 SERVICE assurance solutions major Valient has appointed David Burks as its new vice-president, sales, and general manager for the Asia-Pacific region. He will be based in Singapore. Mr Burks will lead Vallent's sales team for the entire region and will also oversee the company's Development and
        56 words
      • 49 31 THE National Infocomm Competency Centre (NICC) announced last week the appointment of Chan Yeng Kit, chief executive of the Infocomm Development Authority of Singapore (IDA), as Honorary Adviser. He will serve alongside Alex Siow, senior vice-president for business markets at Star Hub Ltd.
        49 words
      • 54 31 HACKER Halted 2005 will be held in Singapore from Oct 27-28 at the Grand Copthorne Waterfront Hotel. Some of the issues that will be covered include cyber terrorism, ethical hacking and cyber forensics. Some 400 delegates from around the region are expected to attend. For more
        54 words
      • 69 31 CISCO is organising voicecomm 2005. a one-day conference on Oct 21 at Suntec convention centre. Designed for businesses to find out the latest in IP telephony and the value of IP communications for their organisations, voicecomm 2005 is the users' one-stop platform to update
        69 words
      • 54 31 HEWLETT-PACKARD has announced that it will voluntarily replace 135,000 notebook removable battery packs worldwide. This was in response to the company receiving 16 reports of batteries overheating and four cases of minor property damage. No injuries have been reported. For more information, visit www.
        54 words
      • 57 31  -  Compiled by LEE KIM SIANG INTERNATIONAL Design Forum 2005 will be held in Singapore from Oct 26-27 at Suntec Level 2. IDF is the premier event on the international design stage for chief executives, consultants, designers and engineers. Register at http://www. intldesign forum.com or
        57 words
    • 883 32  -  BT exclusive It is positioning itself as a neutral provider of equipment to the tender winners, reports AMIT ROY CHOUDHURY AMIT ROY CHOUDHURY Mfc ETWORKING giant Cisco Systems could Im I emerge as one of the big winners from I the government's ambitious
      883 words
    • 360 32  -  By LEE KIM SIANG INTEGRATED Systems Asia 2005, held here last week, was the launchpad for some 60 products ranging from control systems and high-end projectors to large display screens and touch screen panels. The convergence between audio-visual (AV) components and information technology
      360 words
  • Page 30 Advertisements
    • 123 30 Afif Can MllVCft (HAI-TIMI ADVAKTAOf When Team McLaren Mercedes 4HO network wanted a network as sophisticated as their cars, they joined up with the world's networking company. Now with data networking solutions tiam smell victory from AT&T, McLaren can send crucial real-time race data right from MetAWN MIKSiOIf from 9
      123 words

  • Page 31 Advertisements
    • 164 31 POWER YOUR CONTENT ONLINE WITH THE WINNING EDGE. GET ON TARGET WITH STARHUB CONTENT HOSTING SOLUTIONS. Star Hub Star Hub introduces a smarter alternative for delivering your content on the web. Having an online presence is not good enough; be it CRM, data hosting, media streaming or gaming, Star Hub
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  • Page 32 Advertisements
    • 77 32 Get Results With Oracle Applications ~t I'inj.ni.., igp ny- fr* "t "i." W~"'iUL a ijjrjT' X;"!* "30% increase in plant capacity" (IR) IngersoHfland 1 I M m*. I :f f "$lO4 million in savings" LG.PHIUPS LCD 4- I The Best Companies Run Oracle oracle.com/best or call 1.800.672.2531 Copyright 2005, Oracle.
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    • 13 32 DIGITAL ENTERTAINMENT California-based Autodesk seeks to grab slice of Asia-Pac pie pg 30
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