The Business Times, 28 July 2003

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Total Pages: 26
1 26 The Business Times
  • 20 1 MfliriMliWIH THE BUSINESS TIMES **c s i *'»#ii'w- .»t V' >*.\i. SINGAPORE Internet: http: business-times.asial com.sg MONDAY, JULY 28. 2003
    20 words
  • 635 1  -  Banks here starting to see inflows as Swiss private banks boost transparency Bu Siow Li Sen [SINGAPORE] The exodus of funds from Swiss private banks has started and Singapore could be their next stop. One consultant said Eu-ropean-based private banks with no presence
    635 words
  • 662 1  -  ■all step will drive iivesUrs off, send markets diving From Al Lahita in Manila THE Philippine economy is under siege anew after a group of young army officers seized a shopping complex in Makati city, the country's financial hub, in an attempted putsch to topple
    AP  -  662 words
  • 555 1 But if rate worsens ever next few mths, govt ready to help [SINGAPORE] Singapore's unemployment rate should fall as the economy picks Up by next year, but it is not likely to return to the preAsian financial crisis levels
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  • 64 1 Week Change STI *****3 14.03 KLSEOOMP ***** iH NIKKEI 225 9648.01 ***** HANG SENG *****8 ***** SET INDEX ***** -8.18 JAKARTA COUP -510.08 -15.42 MANILA COMP -*****0 1.19 TAIPEI WPI 5394.75—+***** SEOCL COMP 706.09 +5.74 SHENZHEN B 228.47 151 At ST ALL ORD *****0 +1(40 DOW JONES *****7 +96.42
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  • 69 1 HMEXKATVS US$ l"S$ (S$ per IJSS) 1.748 £fl?S$/SS per 1619 18M ELltO(US(/SS/E) 1.149 ION YEN 118J 68J0 RM 1800 1174 HKS 7.7W 4.441 BAHT 4193 tlM RIP1AH &U6 4,881 RENMINBI 8.299 4.748 INDIAN RUPEE 4(14 XX AS 1506 UH61 NZI 1.706 0976 NMRMM SINGAPORE* U KUALA LUMPUR 100 HONGKONG
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  • NEXT page
    • 663 2  -  Analysts think inverters will ran if there's any stumble daring the upswing From Andrew Marks in New York stocks have been the clear leader in the powerftxl, broad-based rally that has swept the US stock market to strong gains over the past
      663 words
    • 680 2  -  Slow U Sen talks to Khing Go, founder of advisory firm KE Swan on its success story and next move Siow Li Sen Khing Go, managing director and founder of KE Swan, couldn't have started the business at the worst possible time. But
      680 words
    • 707 2  -  i comment ECONOMICS And Asian countries must prepare to deal with it vikram khenna Maybe it's because an election year is approaching and the US economic recovery is running behind the political clock. Whatever the reason, American protectionism is showing signs of rearing its ugly head again.
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    • 247 2 ■ARM SINGAPORE «T m■ m m VWAMYCLISS Awarded >1 Nation's Trustmark! MM taring Top U.K." MBA in General Management Singapore 334 Intake Reguttr Now! Singapore New Intake Re&Kr Now! 100* conducted by University of Hull fealty ,g ntkl: g plus one project P UX Division 1 University For IT Engineering
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    • 28 2 vT The world's leading P d^: Offshore ris p )oren P rj d thon Company and Tax Tel: (65) 6535 3382 Planning Fax; (65) 6535 399-, Specialists OCIcl
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  • Page 3 Advertisements
    • 58 3 flK%gtt^k- J w- ■'mSllli'iii^il^KMK^B I there's any common ground between developers H I 31x1 owners, it's where they find the most current H insights and overview of the property scene: H every Saturday in PROPERTY, in The Business Times H Weekend edition. H SUBSCRK NOW ITo get BT Weekend delivered
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    • 67 3 Br jr i > jjfzvk -^^mmmma^^^^^^^^^m^mmammmmmmM^mmgmj^m Resthrant 360 brings back al your favourites in the month of Augustl -V" *< <-. v V Crea m, lemon dressing Pan-fned Foie Gras, braised daikon Coasted Cod, mousseline po tatoes miso b,anc r %j I 360 Truffle-infused Mushroom Soup White Chocolate Cherry Tart,
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  • SINGAPORE companies
    • 540 3  -  Singmtfier priced at 42C apiece for SGX listing Ezra heads for Sesdaq By Joyce Koh AN eye for opportunity and a long-term vision have spurred homegrown Singpu Chemicals and Ezra Holdings to raise their profiles through their initial public offers today. Chemical raw material
      540 words
    • 908 3 Carrier to jumtunce its first quarterly results en Wednesday Bloomberg SINGAPORE Airlines Ltd (SIA); which has been profitable since going public in 1965, will probably report its first-ever loss, after cancelling about half its flights because of a slump in demand caused by Sars.
      Bloomberg; AFP  -  908 words
    • 397 5 HK firm says it's a new business for group, dismisses 'damping' fears LI Ka-Shing's Cheung Kong is set to launch Fortune Reit a real estate investment trust that comes with five Hong Kong malls in Singapore today. The intended listing of the Reit
      AFP  -  397 words
    • 402 5  -  From Eddie Toh in Kuala Lumpur TEMASEK Holdings' decision to sell its stake in a high-growth water treatment company in China to a major Malaysian company and another party had nothing to do with politics. "As a commerciallydriven investor, Temasek constantly reviews its investments as
      402 words
    • 687 5  -  daniel buenas WHEN Ron Sim's Osim International announced its half-year results early last week to a mix of media, analysts and investors, quiet murmurs of excitement rippled through the crowd, followed by reiterations of numerous "buy" calls on the stock in the ensuing days. Osim
      687 words

  • SINGAPORE markets
    • Article, Illustration
      281 4 OTHER SINGAPORE INDICES Jul 25 VALUE CLOSE 1T01*» -261.00 -103.00 ITCHM -*****.00 +123.00 *46i48.oo -26.00 mmWyMrn 419.89 +2.83 WgpPwBwl 151.22 +1.43 mtjMmnm 1325.56 +5.64 ltl<*hihip 393.06 +4.93 ummmm 192.67 +1^7 IPC0 20c 463,263,000 mtarra5c 395,136.000 LAM 1c 358.099,000 OMXTech US5c 210,382,000 Chart SemlCond 26c 137,180.000 3.17c 128,301,000 KPIas7c.~ *****6.000 Asia
      281 words
    • 297 4  -  HOT STOCK/ WARRANT By R Sivanithy YOU'D be hard-pressed to find a chart as revealing as the one above. It shows the movements in the shares of Leong Hin Holdings, which crashed from above 70 cents in April to 13 cents now following
      297 words
    • 787 4  -  8U33E***** STOCKS r. sivanithy IN last week's column, we discussed the likelihood that foreign presence in the market could be nothing more than a fashion statement employed by brokers to induce clients to buy and that in reality, it is the locals who bear greater substance.
      787 words
    • 626 4 Aussie dollar's relatively high interest rates make it attractive to offshore buyers AFP (HONG KONG] The yen and Australian dollar gained slightly on the US dollar during the week, and dealers expect the Australian dollar to continue making ground on the greenback, though
      AFP  -  626 words
    • 104 4 Sim' 2» /UroBMn Gfp Sc b OJO 12,Aug •ourtaad 2Sc I SO frh» M* IMap MKM f B«i CMaf SNN« ChM«M* V to 050 »M »M »MI OpNlJfc r UOTE tt-Jwi tMun OfcAug HMMtt b 045 Wul »M JfcM EnflVMth25c to ftTJ 0M« )M« >M» aRsw*ac sax wftr
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  • 2241 4 UNIT TRUSTS FUNDS Com GlobN Finance Index Fd 0.84V Com Global Ufestyle Index Fd 0886/ Com Global Heaith Index Fd 0.842/ MM Am M Mat (5perei Com Global Telecom Index Fd 043* Star Europe Eqty!**. 0.65* Com Global Hfotec Index Fdl** 0J1* Star Europe Bd 1J7* Com Global Ener» Index
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  • MAIL bag
    • 336 6  -  Danielle Yew (Ms) Director (Governance and Investment) far Permanent Secretary (Finance) THE article, "Don't follow the herd in options expensing" (BT, July 25) stated that the Council on Corporate Disclosure and Governance (CCDG) had recommended implementing quarterly reporting for listed companies in Singapore,
      336 words
    • 162 6  -  Fong Keng Chee Company Secretary SC Global Developments Ltd I REFER to the letter "AV Jennings should post quarterly results" by Chia Hui Ping (Mailbag, July IS). The writer suggested that SC Global persuade AVJennings to publish quarterly results to provide more updated
      162 words
    • 261 6  -  Soh Suwe Singapore I REFER to the Hock Lock Siew column by Wong Wei Kong "Can Sias' stock research plan work?" (BT, July 18). I have been investing in the Singapore stock market for several decades and have always been cautious when reading research reports
      261 words
    • 197 6  -  Leong Sze Hian Singapore I REFER to the article "Case: Legal action an option in AIA dispute" (BT, Jul 18). I have been following the critical year issue reported in the media closely. AIA has announced its compensation plans for the affected policyholders. Why
      197 words
  • Page 6 Advertisements
    • 2131 6 BANKMANDIR^. CONSOUDATED BALANCE SHEET CONSOUDATED STATEMENTS OF As at December 31,2002 and 2001 PROFIT AND LOSS For the years ended December 31,2002 and 2001 (Amounts in mikons of Ripiah, except otherwise staled) Alffl-lfr 2002 2001 (Amounts«mdkons ot Rupah. except othenwse staled) (Restated) 2001 caak 2.184J61 1,*****8 j (Ossifd) Current Accounts
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    • 187 6 IN THE MATTES OF THE COMPANIES ACT, CAP. 90 AND IN THE MATTER OF TELE ROILS A PAPERS INDUSTRIES PTE LTD (IN CREDITORS' VOLUNTARY LIQUIDATION) (COMPANY NO. 197*00*31G) FINAL MEETING NOTICE IS HBtESY GIVEN, pursuont to Section 308 of the Componie* Act, Cop. SO. that the FINAL MEETING of the
      187 words
    • 378 6 IN THE MATTER OF THE COMPANIES ACT. CHAPTER EZCARD PTE LTD IN MKMHKBV VOLUNTARY [JOUTOAnON Al m bMriMy General Meeting of die Company a—d and hdd at 10 Cottycr Quay, #21-01, Ocean Building. Singapore *****3. on the 2*ti day of My. 2003. Ike following resolutions were duly passed 1. spsriAi
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    • 351 6 IN THE MATTHt Of THE COMPANIES ACT, CAR. 90 AND IN THE MATTHt OP SCS HOUMNO PTE LTD (PROVtStONAL LIQUIDATORS' APPOINTED) (**********) AND SCS AGENCIES PTE ITD (PROVISIONAL LIQUIDATORS' APPOINTED) (1991Q509RK) StaMofy DtdorakM bjf dbvtfws buainen by reewon tabJdns Noma of Company: SCS HOUMNO PIE LTD Company No *****13 m
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    • 182 6 In Tha Matter Of The Conpanlee Act, Cap. 50 And In The Matter Of EXTROPIA.COM PTE LTD NOTICC OF CREDITORS' MSTWO PURSUANT TO SECTION XM OF THE COMPANCB ACT, CAP.SO NOTICE IS HEREBY GIVEN that pursuant to Section 296 of the Companiee Act Cap. SO, a meeting of the creditors
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  • SINGAPORE news
    • 905 7  -  Seme economists see it on the cards even as others doubt its efficacy By Anna Teo WOULD a "Keynesian fillip" via a mix of fiscal and monetary measures be what the doc would order at this point for the convalescing Singapore economy? While some economists
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    • 443 7  -  Deputy chairman Ch&y says ST Gronp won't have more than 50% of firm By Vince Chong THERMAL scanner producer Infowave does not intend to be perceived as a traditional government-linked company, said the company's deputy chairman Chay Yee Meng, insisting that it will have free
      443 words
    • 385 7  -  TUB PWMTOMT -Byi Kalpana Rashiwala PRICES of completed private apartments, condominiums and terrace houses fell more than uncompleted ones in the first half. BT also compared, using official data, prices of 99-year leasehold private homes with freehold ones and found that terrace houses,
      385 words
    • 151 7 AFTER a failed sale tender earlier this year, Casa Robina, a freehold 15-storey residential apartment block along Robin Road, is up for grabs again The almost completed Casa Robina, developed by former Apollo Enterprises director and founding shareholder Tjia Eng Soei. was put
      151 words
    • 294 7  -  U'r. exclusive HeUbeheipiigt* build op car Imuu hnlmK wrc— By Ven Sreenivasan EDWIN Khoo, the man widely credited with leading Citibank's successful charge into the consumer banking segment in Singapore, is joining DBS Bank. BT understands from industry sources that be will be tasked
      294 words
  • Page 7 Advertisements
    • 26 7 H qjfflranifflmta Latest computer design technologies IKCI fi M™ ISO 9001 Certified Project Management System (Free audit weworkinvourhome n'loStui j„ i m im.ui <^ > jJT* 6842 2002
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    • 956 7 LBEBW Landesbank Baden-WQrttemberg Head Offices: Stuttgart: P.O. Box 10 60 49 D-***** Stuttgart; Karieruhe: 0-***** Karlsruhe ScNossplatz 10/12; Mannheim: P.O. Box 10 03 52 D-***** Mannheim Singapore Branch: 25 International Business Partt 101 -72 German CanVt, Singapore *****6 I Consolidated Balance Sheet ConeoWdaled Statement of Income (EUR amounts in thousands)
      956 words

  • FOCUS north korea
    • 1510 8  -  Analysts say nuclear weapons originating from the communist Asian state are a threat to the US. Leon Hadar reports from Washington Leon Hadar WHILE much of the attention of Washington's policymakers and pundits has been focused in recent weeks on the mounting American casualties
      REUTERS; AFP  -  1,510 words
  • Page 8 Advertisements
    • 96 8 nil a j* li* Diners Club Credit Card Where to wine, dine and entertain... /Special Lunch Menu W $5.80 Nett Per Item V With FREE Choice of One Drinks or Chin Chow Oyako Don (Chicken Egg with Rice) Penang Fried Kway Teow Slice Fish Hot Fun Hainanese Mutton Stew Sautted
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    • 15 8 cuisines K dv I If V,«k Contact Patrick Angat63l9 1284 or Amy Choo at 6319
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    • 46 8 [~l MERITUS MANDARIN SINGAPORE T i, r (py French National Day Gourmet Special* Chef Stephane Hen* presents a selection of sensual French haute cuisine. 7to 31 July 2003 Reservations: 6831 6258/88 I HN*IHI tlill 333 Orchard Road 23M67. TH: *65 6737 4411. Fax: +65 6732 2341.
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  • REGIONAL news
    • 875 9  -  MALAYSIA Redefined properly statistics will help plan supply better diana oon abdullah NEXT month, property developers expect the Valuation Department to release redefined property stock figures which they hope will prove that "property overhang" figures in Malaysia have been overstated. For the last two years,
      875 words
    • 470 9 KUALA LUMPUR Reuters GROWING confidence about the global economy has battered bonds and boosted stocks worldwide, but the optimism is not sparking a big shift from debt to equities in Malaysia. Investors are hedging their bets for a sharp
      Reuters  -  470 words
    • 265 9 ■YANGON AFP MYANMAR'S forestry minister Maung Phone has been sacked and detained after being accused of malpractice, a source close to the military government said on Saturday. "Action was taken against the minister on Friday for malpractice," said the source. He also said it
      AFP  -  265 words
    • 384 9 LANGKAWI, Malaysia Border business zone planned to drive growth Reuters MALAYSIA and Thailand yesterday pledged to deepen business and government ties in an effort to boost trade and set a benchmark for other South-east Asian states considering the next stage of regional integration. Drawing
      Reuters; AFP  -  384 words
    • 650 9 AFP [KUALA LUMPUR] As Asean nations chase bilateral free trade agreements (FTAs) to cope with the China challenge, analysts warn the grouping stands to lose more than it gains if it fails to speed up internal liberalisation. FTAs will be more of a stumbling
      AFP  -  650 words
    • 915 10  -  COMMENTARY She country's debt burdens make it hard to fault S&Fs delay in raising its rating, says William Pesek Jr William Pesek Jr Bloomberg A BILLIONAIRE businessman-turned-politician, Thai Prime Minister Thaksin Shinawatra is used to getting what he wants. Everything except a credit upgrade
      Bloomberg; AFP  -  915 words
    • 347 10 BANGKOK Surging exports will help double trade surplus to 200b baht in 2nd halt Thaksin Bloomberg THAILAND'S economy grew more than 5.5 per cent in the first half of the year, fuelled by surging exports, Prime Minister Thaksin Shinawatra said. The export boom
      Bloomberg  -  347 words
    • 652 10 SILCHAR, India Collapse of Soviet market, rise of cheaper competitors have brought it to its knees LAT THERE is a desperate edge to Vijay Singh's optimism as he racks his brain for some marketing miracle to rescue Indian tea. What about getting Americans
      LAT; REUTERS  -  652 words
    • 616 10  -  Asean plus 3 group expected to back setting 19 of 6 working groups From* Anthony Rowley in Tokyo WHEN finance ministers from the Asean plus 3 group meet in Manila early next month,they are expected to give their blessings to a major new
      616 words
    • 438 10 BEIJING Financial reforms high on govt agenda: Xn Dianqing Reuters FOR years, Xu Dianqing has been beating the drum for private banks in China, hoping they could throw a lifeline to many of the country's fledgling but cashstrapped private Arms. Now,
      Reuters  -  438 words
  • Page 9 Advertisements
    • 22 9 Lianhe Zaobao I SGX intends I I to relax I I "backdoor" I I listing rules I I WtttS I I J
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    • 239 9 WORKSHOPS FOR BUSINESS EXPANSION IN OSAKA, JAPAN DONT MISS THIS OPPORTUNITY TO LEARN HOW TO PENETRATE INTO OSAKA, JAPAN A series of FREE workshops with the aim to help foreign enterprises to expand and invest in Osaka, Japan. The discussions will deepen your understanding and readiness to enter into the
      239 words


  • 1074 11 FINANCE COMMODITIES Week ended: Jul 25 nMgAFaaBOOVEEMMBWTSlfiUUmTlESnroiCATlTBPaiCBSAMPTTlgT.IW V Mm MM TWCW mmUl C—t VIM m Hw Twtwp **mny frit YTM m Mhr V SYR 5.125 0)-S«t-03 HS*****X 0.77* 0.45% 100.66 100.71 5-YR 1500 OVApr-Oe NS*****S 2.05% 2.04% 97.55 97.60 5Y1 3.500 0l-f*fr-04 N*****0H 0.63% 0.54% 101.63 101.68 10YR 5.625 OI-JaHM
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  • WORLD news
    • 681 11 WASHINGTON They say it's hard to define turning points, bat that evidence is growing AFP IS the world's largest economy set to break out of its torpor of the past 2 Vi years, or is it another false start leading to disappointment? Recent data
      AFP  -  681 words
    • 368 11 PRINCETON Bloomberg PFIZER Inc, the world's largest drugmaker, posted a quarterly loss of U553.59 billion because of costs related to its April acquisition of Pharmacia Corp. Chief financial officer David Shedlarz said in an interview that the company will move past its third
      Bloomberg  -  368 words
    • 389 11 LOSANGELES ItH pick final bids by then for its US media assets, parks Reuters MEDIA company Vivendi Universal is eyeing a midAugust deadline, perhaps Aug 15, for final bids from the groups vying to acquire its US entertainment assets, a source knowledgeable with the
      Reuters; REUTERS  -  389 words
    • WORLD Watch
      • 93 11 Reuters [LONDON] Britain's Imperial Chemical industries Pic will cut around I,2oojobs as part of the next stage of its restructuring, according to industry aources cited in the Business newspaper yesterday. It added the job tosses would come on top of the 700 redundancies
        Reuters  -  93 words
      • 53 11 Cable Wireless Q1 sales down 19% Bloomberg [LONDON] Cable A Wireless Pic said first-quarter sales fell 19 per cent after an increase in the British pound against the US and Jamaican dollars hurt business. Revenue in the three months ended June 90 was £974 million, compared with £1.2 billion in
        Bloomberg  -  53 words
      • 31 11 Bloomberg [CHICAGO] lite Chicago Board Options Exchange, the biggest US market for equity options, has applied to the Commodity Futures Trading Comnriaatopto start a fixtures exchange.—Ptomttrg
        Bloomberg  -  31 words
      • 54 11 Bloomberg [LONDON] Fermhra Advisers Ltd, the former European buyout unit of Bcbroders Pic, is bidding £1.54 billion for Debenhams Pic, Britain's second-largest department store chain, sources said. Permira, which made a preliminary offer in May, plans to seek approval from Debenhams directors soon tor its
        Bloomberg  -  54 words
    • 779 11 COMMODITY Weeklyßoundup AFP [LONDON] Prices of gold and silver gained strongly over the week due to the steep decline of the dollar and uncertainty about the US economy. On oil markets, prices dipped sharply on hopes that the killing by US
      AFP  -  779 words
    • 616 12 USs432m allotted for independent research in historic Wall St settlement NYT [NEW YORK] When Cheryl Royce joined forces with 13 other women to form the Girls With Cash investment club in 2000, she lost a fifth of the US$l,lOO she invested the
      NYT; REUTERS  -  616 words
    • 387 12 WASHINGTON Move to prevent gfanHflla likfr those at Enron Reuters THE US Securities and Exchange Commission sent a staff study to Congress on Friday recommending that American accountants use a "principles-based" approach in developing future US accounting standards. The study "endorses an approach to setting
      Reuters  -  387 words
    • 244 12 WASHINGTON Bloomberg The US Internal Revenue Service ordered a review of a US$3 billion computer modernisation contract headed by Computer Sciences Corp after a new system to store tax information was delayed until 2004. "This most recent setback is a serious matter," said
      Bloomberg  -  244 words
    • 411 13 TOKYO Four firms to raise shipments by 10% in the year to March 2004: report AFP JAPAN'S top four makers of personal computers are ready to boost their combined global shipments of notebooks to a new high, taking back slices of the market from
      AFP  -  411 words
    • 562 13 CHICAGO Analysts see cost cats, customer retention efforts paying off Reuters A COMBINATION of cost cuts, better customer retention efforts and stable pricing of services is propelling the US mobile phone industry towards a strong second half of the year, analysts said.
      Reuters; BLOOMBERG FILE PHOTO  -  562 words
    • 412 13 Reuters AFP [BAGHDAD] Iraq has signed new crude export contracts with foreign oil companies, a state oil official said yesterday, the second set of such deals since the overthrow of ex-president Saddam Hussein. An official at the State Oil Marketing
      Reuters; AFP  -  412 words

  • 1419 12 SICOM FUTURES Jul 25 men F«bm(drth| Ftoti RSS1(ScMta/kD Cton VotooM Opts MmO Mgb Law Sott ft—w| latorwt Aa 103 ***** Sap03 ***** Oct 03 moo Nov 03 ***** RS$3(US<Mtx/l« Mm Opao MmHi Mgh Uv Sett (town) Marts! Aug 03 iot75 «LOO W150 2W0 3350 S«p 03 90.75 98.75 90.75
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  • 780 13 Compiled by Thomson Financial I/B/E/S RECOMMENDATION FORECAST hy wly<»loMwlinai><odLTIwwh«lBtNflf»bw<i»aMbmiMwgf»com- COMPANY NAME THIS WEEK LAST WEEK EPS It) PE (farm) imMra but not awry stock li foNowsd by Nitlw 29 braksra. Thilr neonwwdNloimwpMoodoBaHpSpoWncolowdwwrigodloprodycf w—n Kepp* Corp Ltd Buy Boy 46.74 10 6 r c mnwodstion Kanoal Land Limied Hold
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  • 799 13 Week ended: Jul 25 1 O— a—»| 9>a*aa— m Om O—a Ataman SOc 0.41 1420 NMSM SOc 0 53 2470 *0XW) C4C 053 4500 -0420 03C (47 10.700 *4.100 CapitaLand 1.1» 15K) *0010 Out 0J5 7.1S0 OMrt SamKond 2Cc 101 liMO <1010 Parkway H 25c 0.46 0130 *0.010 Oty
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  • 545 13 BONDS WARRANTS lart Ml Can tar "oSc Cmt-'SSb M» ««r- Cm* fe Ma mi ASTl W*****1 C -1 201 1 16 19 3.08 11 AoniUdWHIIU 1 -0.5 308 1 10.50 16 A/ntt* W*****0 79 -1 209 1 33 1 141 23 Amstrong \MM0520 4 -1 1M0 1 10 12 3.13
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  • Page 13 Miscellaneous
    • 171 13 CRYPTIC CROSSWORD 27 Refuse to be collected on it (9) 8 Current treatment (14) YESTERDAY'S SOLUTION 28 With which one has no room 9 Typical representative (14) Across- 1 Steeraae 5 Mascot to all one's fear (14) 14 State mangled part °"fck- 9 10 cffoe En,- 16 Not a sugar
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  • 5738 14 Week ended: Jul 25 524ft LM M Waft LartQaatt Griftf Ho GrYW MM NCa mSTuw 'imrr-r Ml 4 nil Wl U» -wr t+m CV WE ABNAmroNLG 56c 9 12 M 1388 11 9 ACEDynamics20c IS -15 385 16.5 14.5 15.5 19 100 125 1SJ 1 jj 15 -1
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  • 73 14 JH» um M Mi lion Mlr Mr ttVW MM MCa t— Cimi Ml W- P— l—l I— >*r Cw HI M *00 M Dumomfc US8780 J7» 2 WO IS OJ US Tact) US3740 S55 55S IS MSO Spore US55S c» coo iss4nao uss27o *50 CIO SFDM US 96
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  • 212 14 524* IM M M UM«Mi CM. Mr CfTW M MCa U» Mi W- r—> t— <V M W Itt r AVknnngsWSc A14* *3 W HI W W M 40 M 65 «5 MS C*h«yf»c20c MK720 *S 2.1 1A t 243*2 Owt*xi KonaSOc HK17V0 240 O 4-7 3 4O0&5
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  • Page 14 Advertisements
    • 22 14 Roy Eastern Watch Rolex Lady-Datejust Pearlmaster and Role* Day-Date »-.oxn«rtn Officially Certified Swiss Chronometers. Lucky Plaza #01/86-88 Orchard Road Tel: 6734 3139
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  • BizIT
    • 311 14  -  By Amit Roy Choudhury CREATIVE Technology last week launched its new Nomad MuVo NX digital audio player with up to four times the memory capacity as the original version and a backlit LCD for easy music navigation. The 128 MB model is small enough
      311 words
    • 723 15  -  liicomment INFOTECH It Is tough to encourage companies to price their products 'reasonably' in a market unwilling to pay a premium for new tech enhancements jennifer lien THE state of the global semiconductor industry was the hot topic at several briefings in San Francisco
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    • ON THE SHELF
      • 108 15 HEWLETT-PACKARD has launched four colour inkjet printers. The details: DeskJet 5652: Costs $299, prints laser-quality black at 21ppm (pages per minute) and colour at 15ppm. It comes with optional 6-ink, 4,800 optimised dpi (dots per inch) borderless printing for A4 sheets. DeskJet 5160: Costs $189, offers
        108 words
      • 62 15 ELECOM Marketing has introduced its iRiver flash and CD MP3 players. The details: SlimX 550 costs $375 and features a long battery life and a thin profile of 13.7mm. iFP-395T MP3 CD player costs $668, weighs 35 grams, and comes with 512 MB Flash memory. It also
        62 words
      • 91 15 SYMANTEC Corp has announced three new products. The details: Decoy Server. A "honeypot" Intrusion detection system that detects, contains and monitors unauthorised access and system misuse as it happens. It costs $15,750. Host IDS 4.1: A scalable intrusion detection and prevention capability solution for business critical servers.
        91 words
      • 48 15 MYOB Singapore has launched a new solution for SOHO (small office, home office) users. Called MYOB Businessßasics, it costs $148, offers cashbook and invoicing solutions, and enables business owners to manage all their core activities, including quotes, invoices, transactions and job tracking. For details, e-mail singapore@myobasia.com.
        48 words
      • 50 15  -  Compiled by Amit Roy Choudhury PHILIPS Singapore has introduced its new MXS7OOD home entertainment system (below). The $999 device comes with an integrated media slot (PCMCIA) that accepts almost all memory card types. It also features an extensive home cinema speaker system. For details, visit www.philips.com.sg.
        50 words
    • 344 15  -  Amit Roy Choudhury SOUTH Korean giant Samsung Electronics has introduced its latest mobile gizmo in South Korea. Called the MITs M4OO Multifunctional Mobile Terminal, it is an integrated mobile phone with a TV, camera, camcorder, GPS navigator, MP3 player, and two-way radio
      344 words
    • 247 15 APPLE Singapore has announced what it claims is the world's fastest home computer with prices starting from $3,788. Called the PowerMac G5, it runs on a 64-bit desktop processor designed by IBM Corp and Apple, and will debut commercially here next month. "The Power
      247 words
    • 159 15 Reuters [SEOUL] South Korea will allow Internet portals and content providers to provide wireless Internet services, breaking the monopoly previously enjoyed by mobile telecom operators. Beginning in August, the wireless Internet gateway will be opened to nonmobile carriers such as Internet portal
      Reuters  -  159 words
    • 165 15 Reuters [BAGHDAD] The US-led authority in Iraq has asked a Bahraini firm to stop supplying cellular services, jeopardising Baghdad's first experience with mobile phones, which had been banned under Saddam Hussein. A renegade service provider could throw a wrench into US
      Reuters  -  165 words
    • 632 15  -  80% of consumers want it legally haniyd nr limited by law: surveys By Raju Chellam THE move to can spam has found fresh ammunition from two recent surveys conducted in the US that reveals an overwhelming 80 per cent of consumers favouring spam
      632 words
    • 217 15 DISK drive maker Seagate Technology International said it has now entered the market for hard drives used in notebook computers. Called Momentus, Seagate said "it is the industry's First notebook hard drive to combine a high performance 5,400 rpm (revolutions per minute) spindle speed
      217 words
    • 716 16  -  Exclusive Singapore was among its top seven growth countries in the region outside of Japan for its Q2 ended June 2003, reports Tang Wang Pal Tang Weng Fai WALLDORF, Germanybased enterprise software giant SAP AG is increasing its hold on the AsiaPacific region
      716 words
    • 161 16 Xinhua [BEIJING] China exported more than US$44 billion worth of high-tech products in HI 2003, up 54.6 per cent year-on-year. The amount accounts for about 23 per cent of the country's total exports during the period and the growth rate was 21 percentage
      Xinhua  -  161 words
    • 143 16 Reuters [NEW YORK] US prosecutors are investigating accusations that MCI, America's No 2 long distance carrier, defrauded other telephone companies of hundreds of millions of dollars or more over nearly a decade, The New York Times reported. Citing people involved in the inquiry, NYT reported
      Reuters  -  143 words
    • IT TAKES
      • 56 16 PACIFIC Internet and InferMed Asia said SarsTrack, an Internet subscription-based system to help companies automate temperature and contact tracing, is now available. SarsTrack has a built-in alert function to ensure quick response in an emergency when there is a need to get the contact list of a
        56 words
      • 50 16 MAINBOARD-LISTED Digiland International Ltd said it will distribute a range of tape automation solutions from US-based Advanced Digital Information Corp (ADIC), a supplier of storage solutions. The products covered under this deal include the FastStor, FastStor 2 and Scalar 24 products. For details, visit www.digiland.oom.sg.
        50 words
      • 82 16 US-BASED Iomega Corp has announced a new 1.5 GB digital capture technology (DCT) platform designed for a new generation of digital products, such as camcorders, portable video players, portable PCs and smart handheld devices. Working samples of Iomega's new DCT drive and folly rewritable cartridges
        82 words
      • 60 16 A "Mobile Commerce Marketplace Forum" will be held at the NUSS Kent Ridge Guild House on August 13. It is organised by the NUS Entrepreneurship Centre and supported by the Infocomm Development Authority of Singapore, the Singapore Infocomm Technology Federation, the Singapore Computer Society, and the Singapore
        60 words
      • 38 16  -  Compiled fay i Amit Roy Choudhury COMAT Training Services has launched an enterprise IT course designed for CEOs, CIOs and CFOs to help them understand technology's ability to deliver business value. For details, e-mail trainme®comaLconusg.
        38 words


  • Page 16 Advertisements
    • 82 16 ORACLG microsystems Unbreakable Solaris' Linux orade.com/sun Copyright 2003. Oracla. All rights rasarvad Oraela it a ragittarad tradamart ot Oracla Corporation and/or its afßhatas Sun. Sun Mtcrosystams and Sol.ru era tradamarts Of rag«»rad trademarks of Sun Mkroaystams, Inc in itw Un#ad Statas and othar countries All SPARC trademarks are imd under
      82 words

  • SHIPPING TIMES
    • 258 17 Contributed by Simpson Spence Young ACTIVITY is still running high with deals being reported throughout the dry bulk and tanker sectors although the holiday season is drawing near. i'Hugo Selmer'\ 65,427 Tdw Bit 3/86 Mangalia 2 Mai. ♦'Thomas 5e1mer165,275 Tdw Bit 7/85 Mangalia 2 Mair reported sold region
      Contributed by Simpson Spence & Young  -  258 words
    • 250 17 MX '000 JtfZS St w CWT Distribution—0.56 0.01 71 ChuanHup 0.43 0.01 2119 CHOmhor# 0.25 0.02 3821 Cosco Investment ...0.35 unch 2959 Freight Links 0.07 unch 396 G8 Holdings 0.76 unch 2 Jay* Holdings 0.41 -0.01 1131 Kappel Corp S20 0.05 1057 KlVenturs Oil unch 1575 KappalTele 0.09
      250 words
    • 491 17  -  First half double-digit increases at Rotterdam, Antwerp and Bremen By] Beth Jinks [SINGAPORE! Europe's three busiest ports Rotterdam, Antwerp and Bremen have enjoyed record first half volumes, prompting one to predict that a full year record "is feasible" at current trade rates.
      FILE PHOTO  -  491 words
    • 603 17 Greek port hopes to raise 70 million enros AFP [ATHENS] The Piraeus Port Authority (OLP), one of Europe's biggest harbours, went public last Friday after a quarter of the state-owned company's share capital was sold to private investors on the Athens Stock Exchange. The move
      AFP; FILE PHOTO  -  603 words
    • 297 17  -  It's an integral pillar of industry, association tells EC By Beth Jinks [SINGAPORE] European carriers have "forcefully" defended the controversial anti-trust immunity granted to rate-setting liner conferences in a submission to the European Commission (EC), which is currently considering abolishing the privilege. In a formal
      297 words
    • 76 17 Bloomberg [MUMBAI] Great Eastern Shipping Co, India's biggest non-state shipping company, said first-quarter profit tripled to a record as expanding trading boosted freight rates. Great Eastern earned 962.3 million rupees (5536.47 million), in the three months ended June 30, from 293.7 million rupees a year earlier,
      Bloomberg  -  76 words
    • 938 18  -  DOCKYARD -By\ David Hughes THE environmental campaign group Greenpeace has been busy in recent weeks, publicising its campaign against the way ship recycling is carried out. This publicity drive was timed to crank up pressure on governments meeting at the International Maritime Organization (IMO)
      CHUA CHIN HON  -  938 words
    • 195 18 PAGE Avant 6 B'tang Mas 5 BSA 4 BSC 6 BTL 6 Cargoways 6 CMACGM 3 COSCO 3 Chahaya 6 China Shpg 5 Confer 6 CWT Globelink ...4 Delmas 4 Dongnama 3 EP Carriers 6 ECL 3 EIS 6 EngLee 6 ESP Lines 4 Far Shpg 5
      195 words
    • 13747 23 thebusinesstimes EXPORT ETA ETA Advartlsar Vassal Voyaga Trtphon# ETA ETA Advartlsor Vassal Voyaga Talaphona SIN Dast n Nam* Nam# Numbar Numbar SIN Dasfn Nm Nam* Numbar Numb»r V V< H/08 10/09 Hamburg S EVER GENTLE 0508-80* 65*4209*1 lb ABIDJAN (ABJ) 2003 Cot* Olvok* */08 n/o» mol mol miracle
      13,747 words
    • SHIPS IN PORT
      • 679 25 Vessel Voy No Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL ATLANTIS 7 A7157 J2 A/SIDE 25/07 0630 MARCOPOLO 22 MRK04 J2 A/SIDE 25/07 1300 SANDIDEWA14 131 J10 A/SIDE 25/07 0630 SHANNON EXP 11/03 J3 A/SIDE 25/07 0200 SHENGHONG8O6 2033 J6 A/SIDE 25/07 1700 SUNTAIJAYA6 03/03J J4 A/SIDE 25/07 0630
        679 words
      • 965 25 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vessel Out In Bth Berthing lin- Berth Name Voy Voy seq berthing Nmbr ACX MAftGUEWI 020S 020S 1 2807/2003-1300 2807/2003-2100 T02 ALAMJAYA2 8855 8855 1 2807/2003-11:00 2807/2003-2100 K17 AH.OWWAW 012E 012E 1 2807/2003-1000 2907/2003-0600 BOS ASTA BjCjBgB 0089W 0089W 1 2807/2003-0900 2807/2003-20:00 P01
        965 words
      • 138 25 Aag 1 China: Founding Chi PLA. Aof 4 Australia: Picnic Day. UKingdom: Summer Hoi. An* 12 Thailand: Queen's Birthday. Aof 15 France: Assumption Day. Italy: Assumption Day. S Korea: Liberation Day. Anff 17 Indonesia: Indepen Day. Aug 24 VKingdom: Summer Holiday. Anf 31 Malaysia: National Day. Philippines: Nat
        138 words
      • 814 25 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
        814 words
      • 482 25 Carta* 180 Max 991.7 0.6 162 0.08 69 0.06 M17 Dwaltv Meter Residue AHUUmMm Siteiit No above E2S 2 0 4 0 0 0 1 iTS/L 380 Ave 985.6 03 15J 0.05 19 0.02 380 Max Ml 10 178 0.09 57 0.08 ttflri %¥A »m/m %M/M
        482 words
    • AIR & LAND transport
      • 646 26 Free tickets, big discounts pot pressure on already paltry bottom lines [HONG KONGJ Passengers have returned to Asia's Sars-buffeted airlines but free tickets and heavy discounts are putting pressure on already paltry bottom lines. To lure back customers Thai Airways International and
        AFP  -  646 words
      • 557 26 But ceasing production of the line may cost Boeing USs2oom AP [SEATTLE] The clock is ticking on the survival of the 757 jet line, as Boeing Qo considers the costs and consequences of shutting down production of the 21-year-old jet.
        AP; FILE PHOTO  -  557 words
      • 479 26 Workers unhappy with hardships imposed on them Reuters (LONDON] Threats of wildcat strikes at British Airways and the collapse of wage talks at Delta Air Lines show workers are becoming more militant as hopes of recovery grow at hard-hit global airlines, analysts
        Reuters  -  479 words
      • 287 26 Bloomberg [LONDON] British Airways (BA) chief executive Rod Eddington said the airline could follow Swissair Group and Sabena into bankruptcy if unions prevent managers from cutting costs. "The industry is fragile," Mr Eddington said in an interview with British Broadcasting Corp's Breakfast
        Bloomberg  -  287 words
      • 1671 26 cm FutHi ru nam no so in ue mm zxrs MM 1*7301 840 1*7302 228 W770 1555 ****** 2305 m M ra *>2000 230s fetor*. 6*975 0055 W.838 2255 S***** 855 UI97U 2350 w» (455 0*7306 80S S026 2350 Attn* S0348 (MOO —w *actlto LMMT MS
        1,671 words
      • 261 26 AFP (SYDNEY] Discount airline Virgin Blue confirmed it would float later this year after its co-owners settled a dispute over how much of the airline would be offered to the public. Virgin Blue chief executive Brett Godfrey said the agreement between Virgin and Partick
        AFP  -  261 words
  • Page 17 Advertisements
    • 77 17 profits still grounded Union anger showing at BA, Delta wmmmmmiizizzammmm DOCK YAHI) New job for surveyor: supervising recycling pagf !For advertising/subscriptions, call Bernard Ong: *****645, Joe Wong: 6319 2062 HP: 9620 1327 Email: wongwsjOaph.com sg For WtorM mattwa/apecW Iwirn; Beth Jinks: 6319 5214, George Joseph: 6319 5772 I Donald Urquhart
      77 words

  • Page 18 Advertisements
    • 874 18 I TO USA/CANADA 1 I EXPORT 1 I OTHER DESTINATIONS I |VBSa |VOT |WB |BW|lfllß»a|MUAS|HOUSloll|«a>W|gWaW|l«WfTO«]p'~|| TO AUSTRALIA (AUSTRALIA ASIA EXP WS) pioauoTDsoumMrai asoi n/v wo ivm in a/i> an* awn am |p» |ma 5T~| $i» m im. ooaom Mm ovw 04/ M Iwm n/n v/m v/u mm ahajamy ovm~ ~~wm
      874 words
    • 358 18 l*w» wrvitw wpnMntd by lU m vfßwjl ActrmM Shipping Aganb, caraway c—quo «U»/»WWK/J«Mni ft MNGROK VW ETA PKL ETASIN ETA MALE PrtotswUh m «TK KM 14*8 MaM Star MIA IMB IMS U« UU MARINE SERVICES SINGAPORE HmMM——■ McOMTMI SCANCHAffT AGENCIES SDN BHD EITBANHUNM JAKARTA LINES I tt*«9 50 Telok Blangah
      358 words

  • Page 19 Advertisements
    • 1070 19 TO EUROPE FROM EUROPE mm lymaiMminiiMiMVMUia nwt iwt M ail sag- sgss: ss essr wv: sssu. lafVßsß sfssar iissg :gg I as: saa: 1 as- sB^''*^i»' »ssl TO AUSTRAUA A TASMANIA FROM AUSTRALIA TASMANIA 33U» IMLA4IL iPL ?||lLb* a|ft ft* I ssst" ssiss sfflßr s«» as s« ooacran fin am
      1,070 words
    • 1858 19 rmt —nr nnrnii ni row hb cosu*snlmmnspti ito VS3Vtt"° SKiKU L^ u "SS I cowumiuunSui bmr a»IITimOOM« TH:4224IWOUM) WMMO (P/Q> MMS7M 02WSI10/W I T/SWPWP MWIIS 42J0JJ14/44 I M ■■niri.n.rf jonorsoma convhtkmai Mitsui tn»n« I EWT IUEMfSwUMS ggMMKmimmm IHIOJ-WWIM HULW-OSWITO WW «t SM H Ml Lfll «0 XU YTI CM VSI/VOT
      1,858 words

  • Page 20 Advertisements
    • 614 20 """KS 1116 HQUWOTOOKIW—i»»TT»44HUhWttT«M»-MMLi<.lmM><.lWMn.«m Iwl 1/BLmMO oocumumsnomnmusnoßm mmmst mx> nwrn HMMMUDW UMMiIWWmUfIIMBIWM vissa Ivor aw uwolwiimof Imatmi uwnvm iwoa o—miiI mn low coramluaos|pouma MWKmimIM J3WK 02/01 H/W 7VW M/W MAX 01/W P/M W/W il/M IVW OVW OVW SiAy CTW" o>/M M/W P/W 01/W 01/W lt/W 31/Dt 01/W 04/W 14/W Ot/W 07/W
      614 words
    • 1155 20 WAN HAI MIWNAIiUNAI. FH UP amWHMW/il WyWAN HAI LINES SsSHsu. 1\ V VTWI I l"l ■IIIBV MsHMMMNMBimiNfIMMHMnwi V nasMSwniMbmßMniMiaiMDaiivsaftmaam/imai L-, CIILaaiSMIMMtMfDSMmM&mM/mMI MftTMOT nrSnn nl iw w"w tjhv in jot wv bm ki k* I Efiaa mbi 31 iw m/m I Iwiiwm H IW S« M 7 IHW 1«/ V Ml
      1,155 words
    • 406 20 BS/V-lI MYANMA FIVE STAR UNE ir* "cmr-r 1 vesa vot sm m m m PAGAN MOW stt NPA-AM JO7W SU M MALAYSIA: MWSTIAD SHIPPING AGCNOfS KHk 03-*****M0 P*L OS-SI *****1 Ht 04-*****02 tg| BANK LINE tf tfyif <« lUimr Wdr Tfclpplin) WOKTHtOUWD TO imOpTI V CONIAMEX, ROtO, NUUIHUVTURS VBSa SM
      406 words

  • Page 21 Advertisements
    • 888 21 tvton. v6t khh hk6 Imn i m I dx» I iai I dm* He kan howmozoan kl TS ***** ***** m7os 03/00 io/m ii/oo~ii7si 30/03 MAN TCHHAN KL 323 03/03 03/03 09/03 10/03 17/03 13/03 33/03 27/03 UNDAVIA KL 334 13/03 13/03 16/03 17/03 34/03 33/03 01/09 03/09 MAN KIRMAN
      888 words
    • 540 21 J k UK CONTINENT SERVICE LoocMngfor THOR LOTUS RTM/ATW/BMN/UK/NAN ZEYNEP KIRAN ROM/ATW/BMN/UK/NAN Lood3 S>ng3pora, E/W. Indonaaia MIDDLE-EAST SERVICE Loading for PAN BRIGHT ADN/HDD/JDH/AQA LOK RAJESHWARI ADN/HDO/JDH/AQA J. FRIEND DBVABU/DOH/BRN/DMM/KWT LOK PRATAP DBl/ABU/DOH/BRN/DMM/KWT Toads ShgMxxe, EAV. ni3«i >in inrlni hm USA SERVICE Looting tar QUI GON JINN CAM/NFK/SAV/NOL PAN DYNAMIC VCW/LAX/MZL
      540 words
    • 988 21 j§B m m EBi wtwm ww H/n v/%7 HCtmm wn nJS~~ mum mm tkm M/B7 jitauL liii ai7P fflr -BCIBEB6 mw »/>y -nurnn mi a m iSzz jgjtfM jtta jtjj jjjw tttt^mLb m m so- IjßlMlliliil VITVW IrniWß 1828 M/W CftZH WW VOT m mo asa —M-=«=-M- jgm— fig J®»
      988 words

  • Page 22 Advertisements
    • 481 22 TKQMOGC 1036 01-02/00 08-10/00 15-I4M I HORSHAM 104* 05-04/00 12-14/00 1120/01 I Twaan iosm okn/oo is-17/oo nn/oi I neasa iom imvoi 19-21/00 24-27/w I Twa^GfiOTiiiwoi^irM/o^^TrwoJ rmss is ffflfii ——u-itfr I IntasMn 071 oi-oi/oo 07-W/00 1919/00 I fIOAUAN 01 04-07 AH IMVM BOfl I liersmt ig< oi-oi/oo io-i2/qj__!9j9M__M lugquiow 074 04-07/01
      481 words
    • 739 22 FREIGHT LINKS EXPRESS PTJM.TDK 51 Penjuru Road, 3 Level, \y IW Freight Links Express Logisticentre, Singapore *****3 Tel: *****511 Fax: *****577 P* E-mail: flesin@singnet.com.sg LCL SERVICE TO CiBU. PHIUPPINIS jBUUI VESSEL APL DUBAI V.0121 ITA SIN I 04/08/2003 ITA CIBU t 23/08/2003 Booking 6267# 5565/4694/3535/5550/3541/5508/5569/5560/5563/55T4 PROJECT ®r HBAVYUFT CARGO (CONVENTIONAL
      739 words
    • 760 22 rr\ PDZ LINES ffj SINGAPORE. TONG XX) SHIPPING PTE LTD /Wfcj TEL 6221 1333 FAX 6221 5272 INTRODUCING:"A. x. NEW Additional Weekly Shuttle Service to CALLING S PORE EVERY THURSDAY For bookings and enquiries, Call: Jason Low 9742 3642 and Customer Service *****596 Wn 7T 7T. ialshphng agency pie ltd
      760 words
    • 254 22 MEAKBULK A CONVENTIONAL SERVICE MMCT SOrVKZ MOM SVOU TO KARACHI ivtssa votaoi mmunu rammm""! I MUM mm iwa n/mm SEA-PAC MANAGEMENT HE. LTPI 70 Aiwan Rood 117-07/0* Twnt, *****5 Tiliphimi ******77 vl r.iilnln 6375 2909 Idua KS427SOMAMC aWCT MN IiAMPO, PJJL KOHIA 1 rasa VOTMI ETAMIMMtf "I ■».i— tut ivw/p
      254 words



  • Page 25 Miscellaneous
    • 129 25 iiii ?y?r" 1 waL* H hr *j w |g^-' MW& X f Iff if I** ifik''' I*4 > jJ^HHBo^^MH^Hb Issued by Meteorological Service Division,NEA LEGEND: Thunderstorm Wind speed symbols v 7 Showers O Full circle w/o line indicates calm or light and variable winds R a j n One half
      129 words