The Business Times, 4 September 2003
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2003-09-04
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The Business Times
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Title Section16 2003-09-04 1 MITA (P) 024/03/2003 85* THE BUSINESS TIMES SIN GAPORE Internet ''"pi.Vousiness-times.asial .com.sg THURSDAY, SEPTEMBER 4. 200316 words
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787 2003-09-04 1 Anna Teo - Build trnst, change mindset to create jobs: Boon Heng By Anna Teo [SINGAPORE] Businesses exist not just for the sake of shareholders, union chief Lim Boon Heng reminded employers yesterday. They need, as employers, to communicate and share information with their staff,787 words
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847 2003-09-04 1 Loh Hui Yin - Chelsea club owner Roman Abramovich is worth USsB.3b By Loh Hui Yin [SINGAPORE] You must be mega-rich when you can pick up a top English football club as your new toy. Russian oil billionaire Roman Abramovich, the new owner of Chelsea football club,847 words
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593 2003-09-04 1 Chuang Peck Ming - They trade USslBb of US stocks in Q2 after three quiet quarters By Chuang Peck Ming [SINGAPORE] With US stocks flying again, Singapore investors have been flocking back to US financial markets. After staying on the sidelines for three straight quarters, they593 words
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Article74 2003-09-04 1 Dsn 1,605.00 (+8.64) ST INDEX FUTURES 1,609.00 (+4.00) SIMSCI FUTURES 198.60 (+0.50) Wednesday Change UODV 745.17 *3.15 NIKKEI 225 10.715.69 »256l HANG SENG __J 1.102,16 162 42 SET INDEX 539X8 2.02 JAKARTA (X)MP jMX 19,11 MANILA OOMP .1.241.48 »23,38 TAIPEI WPI 5.673.18 -42.77 ■nOLOOV 766,12 41.18 SHENZHEN B 228.8774 words
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Article87 2003-09-04 1 FOREX RATES us$ S$ I'SS |SS per l'S$) 1.755 S(1'S$/SS per 1.565 1747 ETR0(1SS/SS/E) 1078 1892 YEN 116.4 66 30 RM 3.800 1165 H K$ 7.799 4 443 BAHT 40 97 23,14 RIIPIAH 8,470 4.825 RENMINBI 8 299 4 728 INDIAN RI PEE_ 4588 2613 AS 1.573 0.896 NTS87 words
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Page 1 Advertisements
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Advertisement89 2003-09-04 1 AngPMI above 50. mfg rally on course, Pg 2 m another Ifci I I M f Reverso m Grande Date The extra-large case revolves majestically to reveal unique dual personality On one side, the large date and 8-day power-reserve. The reverse, in sapphire crystal, displays the complicated mechanical movement. Jaeger-LeCoultre89 words
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Advertisement24 2003-09-04 1 CPF changes: Reality check for upgrading dream Kalpan ,1 Pc; 10 Spore logistics firm wins S72m Bintan estate deal Shippmo Ti mes. Pa 124 words
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Article, Illustration654 2003-09-04 2 Anna Teo - Firmer increase had been expected; but electronics provides bright spot By Anna Teo [SINGAPORE] A manufacturing recovery, even if weak, is on track. That's the indication from the latest movements in the purchasing managers' index (PMI), which stayed above the 50point thresholdSource: - 654 words
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296 2003-09-04 2 David Gerald says his character and credibility hart by Mr Ban's comments [SINGAPORE] The president of the Securities Investors Association of Singapore, David Gerald, is suing 98 Holdings' and Nat Steel director David Ban for defamation. Mr Gerald's lawyers from Rajah Tann296 words
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Article, Illustration446 2003-09-04 2 flhina digmiggAg talk of fresh outbreak in country as'hearsay' AFP [GENEVA] The World Health Organisation warned on Tuesday of a possible new epidemic of Sars (severe acute respiratory syndrome) in coming months, as winter takes hold in the northern hemisphere. Geneva-based WHOAFP; AP - 446 words
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695 2003-09-04 2 Genting seeks new partner after Sime Darby pnlls out Bloomberg [KUALA LUMPUR] The Government of Singapore Investment Corp (GIC) may join Malaysia's Genting Bhd in bidding for Loy Yang A power station in Australia, sources say. Casino and hotel operatorBloomberg - 695 words
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Page 2 Advertisements
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Advertisement280 2003-09-04 2 F w rmr\r 553,700* 7 nights Gathc Getaway to Ireland and France <» Ortobai 03> ISE o\^ 553,700* 7 nights A flavour of France <28 November 03> C A RON IA 553,700* 7 night Dutch Masterpiece Holland. Betyum a France <5 Pa camber 03> 553,500* 5 nights Flemish Highlight Holiday280 words
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Advertisement63 2003-09-04 2 Incorporation services in all major jurisdictions Global network of offices Ready-made companies available Management and administration services China business registration Accounting and trade support services Virtual office solutions Personal and corporate bank introductions TO ARRANGE A FREE CONSULTATION CONTACT: AidOT HeaJy or Simonne Toh T: +65 6535 3382 F. +6563 words
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YOUNG millionaires
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Article, Illustration1400 2003-09-04 3 J K Rowflng, auVtor Photos: Reuters, AFP mm mm mne wealth COURTIIY MM tm IIPM 1 4 Roman Abramovich, 36 8300 Russia Stockhoider, Sibneft This on-rich governor of Chutofoa recently purchased a new toy the Chelsea FC, one of Britain's top soccer teams. 2Photos: Reuters, AFP - 1,400 words
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Page 3 Advertisements
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Advertisement34 2003-09-04 3 If you want to find out how we give our multinational clients Sn4Ftf%n At 9 a competitive edge, while we're still the industry's best-kept v secret, then call 1 800 INFONET. www.infonet.com INSIGHT MATTERS™34 words
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SINGAPORE companies
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460 2003-09-04 4 Kenneth Lim - Outstanding orders won't be purged during short trading stoppages By Kenneth Lim COME Nov 10, trading on the Singapore Exchange will see a trading halt feature and other enhancements. Under present rules, all trading stoppages are broadly classified as suspensions and460 words
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Article, Illustration310 2003-09-04 4 Tang Weng Fai - By Tang Weng Fai SINGTEL'S $220 million rollout of its high-speed third generation (3G) cell phone services, scheduled for the first quarter of next year, gears up a notch as it introduces consumer trials for the first time. Starting end-December, the month-long trialFILE PHOTO - 310 words
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537 2003-09-04 4 Angela Tan - By Angela Tan NEW York-listed Infonet Services Corporation, a provider of managed hosting services, has decided to set up a wholly-owned subsidiary here to serve customers on its own after operating behind a partnership with Singapore Telecommunications over the past537 words
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766 2003-09-04 4 anthony rowley - h anthony rowley NEARLY everyone has turned up for the great global economic recovery party. There are the equity market bulls and the bond market bears along with legions of analysts ready to declare that the economies of the US and Japan766 words
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392 2003-09-04 6 Kalpana Rashiwala - Capita Land seals $243.8 m deal, gives CMT right of first refusal to buy mall By Kalpana Rashiwala CArll AMALL Trust (CMT) is expected to announce next week whether it will be exercising a right of first refusal to buy392 words
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Article, Illustration445 2003-09-04 6 Serena Ng - By I Serena Ng PRECISION engineering components maker Spindex Industries yesterday posted a 22 per cent rise in net profit for the year ended June to $5.7 million, as it battled with challenging market conditions and price competition during the year. The mainboard-listedFILE PHOTO - 445 words
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Article292 2003-09-04 6 Serena Ng - Recovery helped by operational overhaul, expansion By Serena Ng DUAL listed Autron Corp swung back into the black in the year ended June with net profit of AJ11.5 million (5112.8 million) a dramat- ic turnaround from a A 517.2 million loss the year before. The292 words
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190 2003-09-04 6 PHILIPPINE-BASED Fastech Synergy yesterday said it plans to place out 13.6 million new shares to a financial institution in the Philippines to raise net proceeds of around US$l.5 million. The distributor of semiconductor equipment has entered into a subscription agreement with PentaCapital Investment190 words
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COMPANY Briefs
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Article48 2003-09-04 6 DBS Bank, the lead manager oftbe IPO of staiatoss steel player AnnAik, yesterday said the offer's public tranche of 5 million shares was 171 times subscribed. The offer of 57.5 million shares at 23 cents each was 15.8 times subscribed. Trading will mmnwwotnifay48 words
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Article37 2003-09-04 6 UNITED Overseas Land has sold 0ffa17.5 per cent owned associate based in Jakarta for 22 billion rupiah (554.55 million). The disposal will result In a write-back of provisions of around $4.4 million.37 words
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28 2003-09-04 6 Bloomberg ST Asaembly Test Services has won a chip-testing contract with China's Semiconductor International Corp to offer semiconductor manufacturing services and engineering support.Bloomberg - 28 words
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27 2003-09-04 6 JARDINE Matheson Holdings is offering shareholders an elective scrip dividend «rheme in lieu of its interim dividend of 74 US cents a share.27 words
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Article64 2003-09-04 6 CSC Holdings is offering a one-for-one rights issue at 2 cents for every rights share, and issuing additional warrants to subscribe for new shares to holders of existing warrants. Those warrants, which were issued with an exercise price of 23 cents, expire in 2005, and64 words
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Page 4 Advertisements
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Advertisement47 2003-09-04 4 jHB-i mm-* 1111$ JJk 1 Wm v Mi #01 03/04 Ngee Ann City Tel 6735 0233 #03-02/04 Ngee Ann City Tel 6737 2552 I~C U Isetan Scotts Level 3 Tel: 6735 1785 mJ \^F Changi Airport T2 Departure/Transit Lounge South 2nd Storey Tel 6545 1101 HUGO BOSS47 words
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Advertisement342 2003-09-04 4 M the matter of the COMMMES ACT, CHAPTER SO ELECTRICAL SERVICES ANO PROOUCTS (SINGAPORE) PTE LTD M MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company deemed to be held at 60 MacPtwrson Road. Singapore *****5 on 29 August 2003, the blowing resolutions warn duly passed: 1. SPECIAL342 words
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Advertisement138 2003-09-04 4 If you are in any of these situations: Ybu are a new start-up, know the importance of financial numbers but dont know how and where to begin. ttxjr business is growing, but your accounting staff are not able to catch up. tt>u need the expertise b« your business and budget138 words
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Advertisement169 2003-09-04 5 BREITLING 1884 i -v.-;; &rito^t > 4 1« V -.fy J&fl^^^^VQKSlnv v fciJ il|M/^^B■ m, I View and own the spectacular BREITLING FOR BENTLEY MOTORS chronograph at fr' i ,*.x"'-C,> The Hour Glass, Scotts S.C -x i --<i2»»(fc^*<-' r 4 From now till 14 September 2003 J V' %'f %-t^.■"169 words
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Page 6 Advertisements
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Advertisement252 2003-09-04 6 I electronic Asia 2003 International Trade Fair for Components, Assemblies, Electronics Production and Display Technologies Incorporating Display Technology 2003 The Region's Premier Showcase for Components, Assemblies, Electronics 1 Production and Display Technologies Since its successful debut, etectromcAsia has been the catalyst fostering strategic partnerships and business opportunities in the electronics252 words
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Advertisement145 2003-09-04 6 ii A DEAL CAN'T GET BETTER THAN THIS! I Fly on GARUDA's Business Class to Bangkok, I Surabaya or Hong Kong and bring a friend along (or I FREE! /SSLl dSt iTVO <4 i I SIN-Bnngkok-SIN SGDS800 for two business clnss tickets SIN-Surabay.v SIN SGDS800 foi" two business clnss tickets145 words
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Page 7 Advertisements
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Advertisement97 2003-09-04 7 Days ahead of its launch. Lightyears ahead of everyone else. With a powerful, athletic new look and distinctive styling, the new BMW 5 Series is quite unlike anything you've seen before. 8PW9B^8B8K r.. Through its unique design and superior performance the new BMW 5 Series makes an unmistakably powerful statement.97 words
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SINGAPORE markets
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Article, Illustration298 2003-09-04 8 OTHER SINGAPORE INDICES Sep 3 VALUE CLOSE WOm» -132.00 ♦254.00 wcm -*****.00 +147.00 TXHqrMft -*****.00 >14.00 MMhmm 436.32 40.86 WpMhiBwl 171.77 +3.21 MlpMwWi 1358.55 +13.95 WUmuhw 309.66 +1.39 WafcWWfi 197.79 40.46 UMUT+mu 198.60 40.50 Beyontea 10c 43,008.000 Q£S Int) Ltd 20c 41.942,000 Goodpaoklc 40.047,000 Pac Andes 20c 38,802,000 Chart SemJCond298 words
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Article, Illustration288 2003-09-04 8 Ven Sreenivasan - By Ven Sreenivasan JAYA Holdings is one of those names which don't attract much attention until its results reporting season. The shipbuilding and marine chartering company did just that when it unveiled better-than-expected FY 2003 results. Operating profit rose 55 per cent288 words
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Article, Illustration760 2003-09-04 8 r. sivanithy - b STOCKS r. sivanithy IT'S always tempting to look to the lessons of history to try to figure out where the stock market is headed. While some may scoff at the idea since the past has often proved useless as a gauge a look back760 words
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Article, Illustration623 2003-09-04 8 larry wee - ■MBi pHipppßppHipH-M c Japanese unit touches highest level in more four years versos S$ larry wee A KEY manufacturing sentiment index set the upbeat tone in overnight trading for US players returning from a long weekend, boosting sentiment for the US dollar andSource: Reuters - 623 words
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Article2215 2003-09-04 8 UNTI TRUSTS FUNDS CMmrMMaM Com Global F«wKt Inta FG.. 043% rc:4r s> aaa#sB!z=-as SbIS3!_ZI m o C«m Global Tttam Mb M 0434/ iS^w- —z aw/ J2JJ Cam GtoM .ZZZZZI 0741/ n'Sr, Cam S'pore (end Fwd/ A 1.075/ S»r GtatHl Tachnotogy Rjnd!-• II 0221/ CradK Africa!* Aaaat M|l S'para ltd 06*12,215 words
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Article, Illustration1270 2003-09-04 9 BT Advertorial Property owners can benefit from signing up with an energy retailer THE liberalisation of the electricity market since the beginning of the year has meant hassles and rewards for many large consumers, as companies like Midpoint Properties Limited have found. But prudent management will make1,270 words
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Page 9 Advertisements
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Advertisement157 2003-09-04 9 We can reduce your electricity costs! In the new market, contestable customers who have not signed up with an electricity retailer will be charged the wholesale pool prices. However, pool prices fluctuate and can be as high as $4,500 per MWh (as recorded on 14 August 03). Sharp spikes in157 words
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EXECUTIVE suite
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783 2003-09-04 10 Kalpana Rashiwala - Kalpana Rashiwala says the two ends of the housing market will be least hit Kalpana Rashiwala THE CPF changes announced last week will probably force many Singaporeans to seriously take stock of the situation, and ask themselves: has home upgrading become an impossible783 words
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Page 10 Advertisements
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Advertisement293 2003-09-04 10 B "MELBOURNE LUND PRICES ARE SPIRALLING"! i Bishopsgate Bungalow (.and L/^(Lj For e 2ABC Bishopsgate JF" M 5 minutes to Orchard Road jj Land Area 25,651.7 sq m (approx. 276,112 sq ft) sl ;>V Freehold m^amr q Potential to subdivide the land into 16 Good )y Class Bungalow plots, subject293 words
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Advertisement244 2003-09-04 10 Our quilWhd J* J can assist you with olMiose structures, shelf companies ||McJr and incorporations In All* jurisdictions indudbiy 0* British Virgin islands Cayman islands ;i? Bahamas Mauritius Hongkong Samoa Full nominee, management secretarial, banking and corporate administration services are available. We also specialize in offshore trusts for assets protection244 words
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Advertisement490 2003-09-04 10 Call toD-free 1800 289 8822 IN THE MATTER OT THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF NUMETRIX ASIA PTE LTD (la Mmbtr'i Voluntary Liquidation! NOTICE Of FINAL MEFTINC. NOTICF B HEREBY GIVEN pursuant lo Section 308 of the Companies Act. Cap. V) thai the Final Meeting of490 words
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SINGAPORE news
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Article304 2003-09-04 11 Samuel Ee - e By Samuel Ee IT was the only category to post an increase in the last tender exercise, and Cat A stood out again yesterday but this time for the opposite reason. It fell more sharply than any other category to sink to304 words
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189 2003-09-04 11 THE Singapore Government has appointed main-board-listed kl Ventures chief executive and chairman Steven J Green its honorary consul-general for Florida. Mr Green, who will be based in Miami, was the US ambassador to Singapore between 1997 and 2001. The 58-year-old former diplomat has189 words
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Article, Illustration313 2003-09-04 11 Andrea Tan - Keppel Land among companies going Hyderabad boosing project being eyed By Andrea Tan MINISTER for National Development Mah Bow Tan is leading a group of 31 con-struction-related companies to India in the hope of bagging $100 million worth of projects for a start.AFP - 313 words
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161 2003-09-04 11 SWISS-OWNED Diethelm Keller Aviation (DKA) yesterday opened a new $20 million plant in Singapore to meet increased global demand for its aluminium meed carts and cargo container units. "This facility will allow us to achieve profitable growth by having additional production capacity to161 words
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Article, Illustration383 2003-09-04 11 Andrea Tan - Bnt URA industrial rent index has fallen faster than its price index By Andrea Tan JTC Corp, Singapore's largest industrial landlord, yesterday further defended its position on land rent cuts not being as sharp as land price falls. BT reported yesterday that JTC's postedSource: Int'l - 383 words
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Page 11 Advertisements
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Advertisement847 2003-09-04 11 With immediate effect, Willie Quek Kwang Hue, j NRIC No. *****160G j is no longer in our employment, j and he is not authorized to act for and on behalf of the Company. I I j j THE SWATCH GROUP S.E.A. (S) PTE LTD J Call toll-free 1800 289 8822847 words
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Advertisement87 2003-09-04 11 A i. 1 .> r ■t r J "*2 f V tmf V. _m*r* H"'* +w V" r j i JliTJys Pr TltS*' '<• I v- 'i 2? *wc—' V' Out perform with a Sharp Mlad M ftorocco contains a" Hm vital micronutrionts n»td»d to koop your mind sharp and87 words
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EDITORIAL & opinion
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Article, Illustration764 2003-09-04 12 yogi aggarwal - theh^hb OPINION yogi aggarwal THE differences coming to the fore before the ministerial meeting of the World Trade Organization (WTO) beginning in Cancun, Mexico next Wednesday are along familiar lines. Even the issues that dominate discussions agriculture, services, investment and trade-related intellectual property (TRIPs)764 words
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Article61 2003-09-04 12 This is another nail in the coffin of the imperial CEO.' -Carol Bowie governance-research director of the Investor Responsibility Research Center, on news that World Com Inc. which filedfor bankruptcy protection after an USSU billion accounting fraud, will separate its chairman and chief executive roles and limit61 words
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Article589 2003-09-04 12 editorial Despite the publicity given to the proposed CPF changes—including the cuts in employer contribution rates —nobody should think these make up the core of the economic strategy that Singapore needs. They constitute just a component. It is perhaps inevitable that the announcement of the Central Provident589 words
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Article, Illustration1061 2003-09-04 12 Leon Hadar - With an eye on re-election, Bnsh is sending ont conflicting signals, mixing multilateralism with American unilateralism From Leon Hadar in Washington AS President George W Bush and America's lawmakers return to Washington from the summer recess and start preparing for the 2004 presidentialAFP - 1,061 words
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Article428 2003-09-04 12 Paul A Samuelson - Sustainable pick-up COMMENTARY US economic recovery will be just moderate from now till end-2004 By Paul A Samuelson IN the European Union, recent economic growth has been flat. In important economies such as Germany, the Netherlands and Italy, a mini-recession may already be in progress. In the UK, official growth428 words
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Page 12 Miscellaneous
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Miscellaneous264 2003-09-04 12 CRYPTIC CROSSWORD 1 Did he regret violent interroga--9 One is crossed by distant BB BB BB BB BB I j 10 One's sunk if one misses this Party returned indepen14 Italian spirit with revolutionfinancially sound (7) 19 Concludes there's no time for cares (4) _BB___BMBB B^BB__JIH_ 20 God-fearing South American264 words
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REGIONAL news
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Article, Illustration548 2003-09-04 13 KUALA LUMPUR He applauds KL's handling of' 97 crisis but urges ringgit peg review Bloomberg Reuters Bernama MORE flexible exchange rates are needed in Asia to help reduce global imbalances in trade surpluses, International Monetary Fund managing director Horst KoehlerBloomberg; Reuters; Bernama - 548 words
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292 2003-09-04 13 NEW DELHI Reuters DUTCH firm Royal Philips Electronics, Europe's largest consumer electronics maker, said yesterday it plans to invest around US$l5O million in India and double its software staff to tap the country's software skills. Philips has been in India for more than 70Reuters - 292 words
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475 2003-09-04 13 BOMBAY/BANGALORE It has surged 4.6% against the US$ so for this year Reuters INDIAN software service exporters are battling a near 5 per cent rise in the rupee this year that analysts say could cut profits 15 per cent, just as theyReuters - 475 words
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NOTEBook
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106 2003-09-04 13 [KOTA TINGGI, Malaysia] Johor has to put on hold its plans to stop buying treated water from Singapore's Public Utilities Board following a delay in the completion of the Semangar Water Treatment Plant near here, The Star reported yesterday. State Works and Public106 words
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86 2003-09-04 13 Reuters [KUALA LUMPUR] French telecommunications company Alcatel will invest more than RM2OO million (5592.3 million) in Malaysia to develop applications for third-generation mobile technology, a report said yesterday. The money will be spent over five years to develop applications with local partners, Ron SpithiU,Reuters - 86 words
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62 2003-09-04 13 AP {JAKARTA] The Indonesian government plans to revise its investment law to require foreigners working here to pass a proficiency test in the Indonesian language, news reports said yesterday. Manpower Minister Jacob Nuwa Wea told legislators that a new investment bill due to be presentedAP - 62 words
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72 2003-09-04 13 Bloomberg [KUALA LUMPUR] Genting Bhd, a Malaysian casino and hotel operator, bid for a 35 per cent stake in the Indonesian power unit of Powergen pic, a move that may help the company reduce its reliance on its main business of gaming. "Genting earlierBloomberg - 72 words
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Article, Illustration1072 2003-09-04 13 Transaction date:Sep 3 INTERBANK CROSS RATES ———r ar r* C$ «■> Ero HKS Wts topMl Yon W^iltt¥'WflB Peso *mt Sir OT$ OaK'Hirf* <1$ Amtraia 0.885 5274 0.590 4.957 29.159 53.831 0.739 7.475 2.415 1124 36.70 34.841 1116 4.655 0.904 ***** ***** 0.406 0.636 Canada 1129 5.956 0.666 5.598 32.9301,072 words
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Page 13 Advertisements
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Advertisement33 2003-09-04 13 Enquiries ftaai): maimunah.asmawiOsg.pwc^com BU|gnuUll||MlUin|UlUfilU^^^^^H Siti Fatimah Ahmad ffiralmKr: »>sn*< x#u-v-*Jr -^^aiuii|Biniiii|HiiH|mHiKiu|siiu|iißiiii2ißnMiiii|^^H KmJSakßm» K PrmolntawOnpn PtKrwatntuuKOnprn nrfcntotir nrtwoA a member fare of PncfwatshouaCaqpm Menubanal Umfted. cadi of which sa *par* and independent legal enMy33 words
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REGIONAL world
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Article, Illustration503 2003-09-04 14 BEIJING But Beijing rejects calls to speedup revaluation, fearing rural job losses Reuters CHINA and the US agreed yesterday that the yuan should eventually float freely, but Beijing resisted calls by the US Treasury Secretary to speed up the process, fearing it willReuters; AP - 503 words
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82 2003-09-04 14 Bloomberg [PHUKET] Thailand and 10 other nations of the Asia Pacific Economic Cooperation grouping may recommend their governments allow overseas investors to buy local currency bonds by easing tax and foreignexchange rules. Finance ministry officials from 21 Asia- Pacific economies meeting in PhuketBloomberg - 82 words
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364 2003-09-04 14 TOKYO TllnAgg intpngifiAg rumours about his political future Reuters SPECULATION that Japa nese Finance Minister Ma sajuro Shiokawa will step down in an expected Cabinet reshuffle intensified yesterday after the 81-year-old policy veteran fell ill and cancelled a trip to a meetingReuters - 364 words
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354 2003-09-04 14 NAGOYA, Japan Reuters BANK of Japan Governor Toshihiko Fukui, in a bid to calm down a bond market unsettled by recent signs of economic recovery, vowed yesterday to keep monetary policy relaxed until deflation is clearly stamped out. Mr Fukui's commentsReuters - 354 words
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Article1506 2003-09-04 14 SICOM FUTURES Sep 3 WNER Fabra (Oosog prim) KS1(Scm(VM) CtOM VotaM OpM "MO HM» to* Sott (tww) jgggt Oct 03 187.50 *W03 187.75 OK 03 W725 JW*l«rM 188.25 ISS3(VScMtsA|) VotaM Opm Mwtt w t» att (twits) hrtomt <£03 1 K>625 300 5150 Nov 03 106.75 106.00 106.50 450 50501,506 words
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Page 14 Advertisements
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Advertisement18 2003-09-04 14 I What I I future I I lies ahead I I for orchid $88f? I I expfyters?^p^| I18 words
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Page 15 Advertisements
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Advertisement385 2003-09-04 15 Call toll-free 1800 289 8822 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND SHIN-FONG <S> PTE LTD (In Members* \nluntarv Winding l'p) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant u> Section 308 of the Companies Acl. Cap. 50 that a Kinal Meeting of the Members of385 words
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Advertisement168 2003-09-04 15 W 1^ WJF B V M ti^E. Jb i «4^^^^^SSS^^^BV^^PVBhhhhhht tf w 1./ r "^SfeAll i^l Change the toner, keep the drum 4— Thoughtful technology that'll be music to your ears u Jl®f J w _^^^BB|fc^ L II 1; jp :fiV a If you knew what Kyocera Mita printers could168 words
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WORLD news
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Article407 2003-09-04 15 Leon Hadar - Bush dne to sign pact this morning, marking victory for global trade pnsh From Leon Hadar in Washington SINGAPORE'S free trade agreement with the United States, in all probability, is finally signed, sealed and delivered. US President George W Bush was scheduled to sign407 words
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Article, Illustration298 2003-09-04 15 NEW YORK NYT THE chairman of the Securities and Exchange Commission sent a toughlyworded letter to the board of the New York Stock Exchange on Tuesday, seeking more details about the compensation of its chairman, Richard Grasso. The letter from SEC chairman WilliamNYT - 298 words
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326 2003-09-04 15 LATEST US INDICATORS AP Bloomberg Reuters [WASHINGTON] Spending on construction ventures around the US increased in July to the highest level seen since the beginning of the year, a promising sign for the economy's anticipated second-half rebound. The Commerce Department reported yesterdayAP; Bloomberg; Reuters - 326 words
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492 2003-09-04 15 NEW YORK De&l with GE unit will create sixth-biggest media gronp in the world Bloomberg Reuters NYT VIVENDI Universal SA shares rose as much as 6.2 per cent after the company on Tuesday agreed to sell a controlling interest in itsBloomberg; Reuters; NYT - 492 words
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378 2003-09-04 17 NEW YORK Firms allegedly offered special trading opportunities for investing in their fnnds Bloomberg NEW York Attorney General Eliot Spitzer, the prosecutor who initiated the probe that led to Wall Street's US$l.4 billion research settlement, said he uncovered "widespread illegal trading schemes"Bloomberg - 378 words
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Article4945 2003-09-04 16 Transaction date:Sep 3 HONGKONG v.i HKRmtl 2.43 010 ***** IB W- H» Hong Kong Electric 30.70 -0.10 5533 Hongkong Chinese 0.94 0 01 4644 Alpha General 0 28 001 1072 Hongkong Chinese Ltd 0 94 0 01 4644 AnandaWingOn 0.01 unch 0 Hopewell Holdings 9 55 0 454,945 words
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Article2452 2003-09-04 16 Transaction date:Sep 3 KUALA LUMPUR GeneralCorp .0.53 -0.01 172 Vo l General Sari 1.26 unch 0 KM *I. COOO) Genting 15.80 0 30 1291 George Kent .0.49 -0.01 14 A M Realty 1X0 unch 136 Globetromcs Tech 5.45 0 05 123 Abnc 1.00 -0.01 248 GtomacBhd 242 0.02 3482,452 words
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Article746 2003-09-04 16 Transaction dale:Sep 3 >■ Q—f w Q— o 11 MmnBk 040 UM «0'0 HkVm> Vk 04* 2«0 -0OK CK Oft 4 TOO *01« OCBC 101 1IJB0 .0300 lit 14*0 QUE 051 Um CKtn WnCcwd2tc 112 I 1?0 *00*0 04* 0Mfi CrtrDnKk its SIM *0100 toaahn Food NOfc 027 o746 words
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Article585 2003-09-04 16 BONDS WARRANTS Td Last Vol Caav Eur fiaar-'Sfts a* cim>m> h*t *m- rwm >*■ u» 3698 ASTIW*****1 12 unch 2 1 16 14 2.04 9 3697 Acma Ltd W*****6 1 unch 23 1 50 410 1000 14 3602 Amtefc W*****0 <2 2 5 128 1 33 136 21 3603 Armstrong585 words
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Page 16 Advertisements
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Advertisement19 2003-09-04 16 j A master of cooking. Or one who just knows his carats. a t tJP* jMr Call 1800 *****2219 words
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Article6045 2003-09-04 17 Transaction date: Sep 3 for live prices, log on to iimwasiaonemarketsjoom J** l* lart Vol 0«y Last Quote GrtXv W» GrVM Net MCap l m Sate W- rOQO) High low »x»»r S«8«r Cw HI v3 UOO ABNAmroNLG56c 9 12.5 34 1388 19.5 0.1 1500 ACE Dynamics20c 15.5 156,045 words
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Article71 2003-09-04 17 SL GfOtv Mv GrYld IM MCap Htfb Low Cod* Cnmpwy Salt -W- (H» liw Iwytr Sdhf Cw HE Swii 9600 89 6065 Diamonds US8780 3750 2700 6095 15 DJ US Tech US3740 6097 15 M5CI Spore US555 8270 8200 6101 I5SV500 US8270 9650 8280 6170 STOW US9650 Ill71 words
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Article1661 2003-09-04 17 It* r £5 "7 laatQ«a»e GrOw M» GrYW MM MCjm *1" C *j* c w r—> Law >»yr Sdhi Cw ME >3 24 75 5000 ABRHldgsSc 19 -1 30 195 19 19 20 *7 J! J* J"" !S. 1051 36 35 36 36 5 21 N25 23 1121,661 words
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Article320 2003-09-04 17 M IM Vat Day IMQaati Mb M» CrVM M r mn La, Ca* Ca—» Sah w- f066> U, -w, SaLr CV Wl »3 168 r 6000 AVJafwwng»A2St *152 -2 30 153 152 152 153 40 34 6.6 19 3271 Sf wy c2 ?Ll MK720 265 2.1 74 6320 words
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Page 17 Advertisements
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Advertisement43 2003-09-04 17 e maitr€ de I'horlogerie depuis 1875 Service AUIEHARS PI6UET ■HHHIH 501 o CM D #03-10/11 Mheelock Place Singapore *****0. Til! 6238 6678 Fax: 6238 6676. ■■*>•... N" 3 Ann City m: 6733 0618 Lucky PUza T«0 8737 4593 Suntsc City Matt Tel: 6337 515043 words
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BizIT
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Article, Illustration737 2003-09-04 18 Raju Chellam - b The number of IP phone handsets here has jumped from 2,000 a year ago to over 11,000 now, Cisco Systems' Gordon Astles tells Chdm Raju Chellam Rising teiecoms costs and decreasing corporate IT budgets are pushing more companies to take737 words
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Article, Illustration215 2003-09-04 18 Amit Roy Choudhury - By. Amit Roy Choudhury JtUM corporation, a provider of voice and data networking products and services, has reorganised its Asia operations into two regions and appointed Stanimira Koleva as president, South Asia, based in Singapore. Ms Koleva, who has been with215 words
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Article228 2003-09-04 18 Raju Chellam - Solution can be implemented in 10 to 40 days By Raju Chellam US software giant Oracle Corp last week launched its new E-Business Suite Special Edition for the AsiaPacific small and medium enterprise (SME) market. The suite is targeted at Asian companies with 50228 words
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Page 18 Advertisements
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SHIPPING TIMES
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Article254 2003-09-04 19 Reuters THE Baltic Dry Index rose 3 points to 2265, the Baltic Capesize Index fell 5 points to 3188, the Baltic Panamax Index rose 13 points to 2074 and the Baltic Handymax Index fell 1 point to *****. TOME-CHARTER: Front Rider obo (built 1992) *****6 dwt delivery HongReuters - 254 words
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Article272 2003-09-04 19 SGX '000 $$i a w- voi CWT Distribution 0.57 unch 0 ChuanHup 0.46 unch 5977 CH Offshore 0.35 -aoi 2289 Cosco Investment—.0.46 unch 6900 Ffeigfrt Links _....0.0« 0.01 150 GB Holdings .0.72 0.02 48 Jaya Holdings 0.56 0.02 6510 KeppdCorp 5 JO unch 1654 HI Venture 0.22 unch272 words
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Article, Illustration597 2003-09-04 19 Donald Urquhart - Sembawang Kim trans to provide logistics services to tenants there By Donald Urquhart [SINGAPORE] Hampered for a number of years by poor logistics infrastructure, the Bintan Industrial Estate (BIE) has now turned to Sembawang Kimtrans Ltd (SKL) to manage its logistics and597 words
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493 2003-09-04 19 Donald Urquhart - By Donald Urquhart [SINGAPORE] Issuing fresh warnings to commercial shipping following the recent wave of violent pirate attacks in the Malacca Straits, the International Maritime Bureau (1MB) says evidence points to separatist rebels from the wartorn Indonesian province of Aceh. Calling493 words
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401 2003-09-04 19 AFP [SEOUL] South Korea yesterday took its shipbuilding dispute with the European Union to the World Trade Organization (WTO) in a tit-for-tat action against its European rivals. The South Korean foreign ministry said it began the legal battle by sending a letter complainingAFP - 401 words
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Article, Illustration735 2003-09-04 20 David Hughes - NEWBUXLDS -By David Hughes THERE are no confirmed LNG (liquefied natural gas) carrier orders to report this week but there is certainly a lot of activity in this sector and the prospect of significant numbers of orders for this sophisticated and expensive class of ship. For735 words
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Article111 2003-09-04 20 PAGE BSA 4 B'tang Mas 6 CMACGM 3 COSCO 3 Columbus 5 China Shpg 5 CWT Globelink ...4 Delmas 4 Dongnama 3 ECL 3 Far Shpg 5 Foong Sun 5 Gemartrans 4 Hamburg Sud 5 Hangli 4 Heung-A 3 IRISL 5 Kapal Kris 4 Kyowa 5 KMTC111 words
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Article8490 2003-09-04 24 thebusinesstimes EXPORT ETA ETA Advertiser Vessel voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Nam* Nam* Number Number SIN Dett'n Nam* Name Number Number 18/09 24/09 HamburqSud CAP SALINAS 304S 65-*****133 TO ABIDJAN (ABJ) 2003 Cot* D'lvolra <8/09 30/09 COSCO E GARDEN 0513-101W 65-6226'900 •1/09 29/108,490 words
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SHIPS IN PORT
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Article706 2003-09-04 25 Vessel Voy Wo Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL BBC HOLLAND BH301 J25 A/SIDE 04/09 1800 DESERT SKY 001 J14/15 A/SIDE 04/09 0600 JADROPLOV PR 335W J18/19 A/SIDE 04/09 0100 LABROY 158 EBLS22A J2 A/SIDE 04/09 1400 OCEAN GEM *****4 J15/16 A/SIDE 04/09 2300 TAISEIMARU3 02/03 J7 A/SIDE706 words
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Article1750 2003-09-04 25 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vessel Out In Bth Berthing Un- Berth Voy Voy m berthing Mwhr Aa LILAC 056N 056N 1 06/09/2003-15:00 *****003-0300 ACX SAKUM 021S 021S 1 07/*****3 21:00 QBI*****3-0900 AL ABDALI C2S8W C258W 1 06/*****3-1500 07/09/2003-0400 B07 ALAMJAYA 2 8859N 8859N 1 06/09/2003-02-00 06/09/2003-08'00 ALAMJAYA1,750 words
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Article138 2003-09-04 25 Sep 11 Brazil: Independence Day. South Korea: Harvest Fest Day. Taiwan: Mid-Autumn Festival. Sep 12 Hong Kong: Day after Mid-Au tumn. Sep 15 Japan: Respect-for-the-Aged. Sep 23 Japan: Autumnal Equinox Day. Sep 24 Brunei: Lailat al Mi'raj. Indonesia: Lailat al Mi'raj. Sep 28 Taiwan: Teachers Day. Oct 1138 words
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Article816 2003-09-04 25 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranges in L'S 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 individual816 words
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Article535 2003-09-04 25 Carbon ISO Mu 994.8 0.4 15.4 0.07 31 0.06 Aug 28 Density Water Residue AshAluminium Sediment No above E25 1 0 I 0 0 0 380 Ave 986.5 0.2 13.6 0.05 26 0.01 Eiiwi 380 MM 992.6 0.5 17.4 0.10 164 0.05 M/WI »v/v H m/h535 words
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AIR & LAND transport
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Article, Illustration651 2003-09-04 26 Agents will be cross-trained under new scheme NYT [WASHINGTON] The Department of Homeland Security will reorganise to make 5,000 additional armed federal agents available for commercial flights at times of heightened danger, Secretary Tom Ridge announced on Tuesday. These cross-trainedNYT; AP - 651 words
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365 2003-09-04 26 No one hurt as plane came to rest in a patch of grass at Kennedy airport AP [NEW YORK] An American Airlines jet was forced to make an emergency landing at Kennedy International Airport last Thursday, striking the tarmac without its front wheel extendedAP - 365 words
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233 2003-09-04 26 Bloomberg [SINGAPORE] Singapore Airlines Cargo, the freight unit of Asia's largest carrier by market value, has leased a Boeing Co 747-400 plane to Air China. The lease is for three years, with an option to extend for another two years, theBloomberg - 233 words
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Article, Illustration362 2003-09-04 26 150 detained as govt says it'll arrest strikers Reuters [SEOUL] Faced with a strike that has cost more than US$6OO million and dragged on for two weeks, South Korea promised yesterday to block any further attempts to disrupt freight flows afterReuters; AP - 362 words
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274 2003-09-04 26 Airport security, financing trends among issues to be addressed [SINGAPORE] An international roundtable will discuss various aspects of the aviation industry during a two-day conference from tomorrow. Jointly organised by the Pacific Economic Cooperation Council (Pecc) and the Chartered Institute of Logistics274 words
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296 2003-09-04 26 Reuters [BRUSSELS] Virgin Express posted a sharp drop in second-quarter net profit due to one-time exchangerelated losses and remained cautious on its outlook for the year amid fierce competition. The Brussels-based, nofrills airline controlled by British entrepreneur Richard Branson's Virgin empire saidReuters - 296 words
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LOGBook
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Article82 2003-09-04 26 Bloomberg [HONG KONG] Cathay Pacific Airways, Hong Kong's largest carrier, said it expects to operate all scheduled services yesterday after Typhoon Dujuan moved away from the city. The carrier suspended all flights in and out of Hong Kong at 5 pm on Tuesday as the cityBloomberg - 82 words
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Article61 2003-09-04 26 Bloomberg [AMSTERDAM] KLM Royal Dutch Airlines, Europe's fourth-largest airline, said August traffic fell 1 per cent, less than in the previous month, as people started flying again after the containment of severe acute respiratory syndrome. The passenger load factor, or proportion of seats filled, rose 0.8Bloomberg - 61 words
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Article1868 2003-09-04 26 mr nr-HT ni nion nn 6*973 0850 0f5 225< Item* ***** *35 8*7382 2215 S0J2S 1445 IM779 230! mm 1555 N***** 230! A»t«8» *1837 >455 6*974 0130 46T 230! 2255 S***** 1555 LH9763 235< mjj ?w 1*7306 *05 S026 2» "W c™ MX EM05 0100 EMM1,868 words
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Page 19 Advertisements
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Advertisement11 2003-09-04 19 II US gets ready more sky marshals^ I Back Page I11 words
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Advertisement43 2003-09-04 19 0 SINGAPORE COLLEGE OF INSURANCE EXECUTIVE SEMINAR SERIES HULL INSURANCE AND P I LIABILITIES P l< I < I I' I s I' I K I K JUSTICE (RID.) G P SELVAM OTHfct? SPFAKFPS FF F $800 effective concepts ASIA www scicollege org sg43 words
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Page 20 Advertisements
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Advertisement646 2003-09-04 20 IMPORT ~1 NORTH AMERICA |J~l| AUSTRALIA/NEW ZEALAND I SUPER SHUTTLE EXPRESS (BSX) [AUSTRALIA ASIA EXPRESS (AAX) *21 5* WG vtssa vot om std aa am. m pig CtO NtDiiOTD SOUTHAMPTON 35W33 22/01 01/09 M/M HTIPRH 37M OMIT 25/00 27/00 29/00 02/ M 07/09 09/09 000 a U MW34 n/0t ,5/M646 words
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Advertisement468 2003-09-04 20 Lines services represented by Memben of (he Registry of Members ot. vEkMsl Accredited Shipping Agents, Sir W™ Singapore Shipping Association Association PI ULY um MALE I I "N f VISS& VOY ETA ETA ETA P. KLAMG STORE MALE Mold Corrier 741 A 03/09 05/09 U/09 Princess Lil 0903 13/09 15/09468 words
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Page 21 Advertisements
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Advertisement1130 2003-09-04 21 TO USA (SAX SERVICE) VESSEL VOY SIN HA LAX OA* DM HOD CHI COt MI" ATI NYC API BjGUND 121E 10/09 25/09 29/09 30/09 30/09 30/09 30/09 30/99 ~03/10~ 03/10 API CANADA llti 17/09 02/10 06/10 07/10 07/10 07/10 07/10 07/10 10/10 ~fom~ API SCOTLAND im 24/09 10/10 13/10 14/101,130 words
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Advertisement1627 2003-09-04 21 on SERVICE FROM SINGAPORE TO BUCK SEA VIA PORT SAID* ODESSA (DKRMNQ 9 DAYS rnc™an MWggOW»*!»•<> SAIES/OCGS TEL *****457/43 ML *****321/24~ JWCJJYJK (UMAim) •20 DAYS I COSTAR SNIPPING PTE LTD OOIWMOM/U MMHK 42MSI2S/7S I CONSTANTZA (ROMANIA) 23 DAYS O IKh **********0 M IH: (Tit 1900 (MM) INWAIO(D/0) *****704 *****319/49 I1,627 words
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Advertisement508 2003-09-04 21 JtttttL YQY I SIX I MHL MRS 1 WIS I SHA I IMC 1 VESSEL JKT HUHSA IHUM M07I S/9 110/9 11/9 It/f 18/9 20/9 NITHIIHUM 15S liS miHIi N0»3 W 17/9 H/9 W 2S/9 27/9 MffllS US 1 1 I lift IT* |ANANBHUM >292 119/9 124/9 7S/9 30/9 2/10508 words
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Page 22 Advertisements
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Advertisement444 2003-09-04 22 eft BI M A ENQUIRieS/aOOKINOS: #*****44 FAX: &3M7433 E-MAIL: MmirtMmii.com.it I ■rfcfalflHW DOCUMENTATIQNS/OPEWA7IONB: M3MM7 FAX: *****177 »M«aonmfß wu cowtmnb ama to wbt ahpca+bmok [rasa i vor swgaiom potrpumc uhavm dua» i iamjui i cowoit Hyundai Fffboin 315W M/ 09 09/09 24/09 06/10 4/10 09/10 mi is/w nw BT7T0 T3/10 t444 words
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Advertisement415 2003-09-04 22 W\ WAN HAI LINES TEL: *****588 FAX: *****163 INTRODUCING: NEW WEEKLY EXPRESS SERVICE TO: HODEIDAH PORT SUDAN CALLING SIN EVERY THURSDAY TWICE WEEKLY EXPRESS SERVICE TO: JEDDAH CALLING SIN EVERY TUESDAY THURSDAY* For more dotallo, call HOTLINE: *****588/1800-*****00 J™ W KM HfWWIT VKKam asuopressim. sailedm/mo*/m m/m I 1 IWA 11/415 words
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Advertisement676 2003-09-04 22 BSA ii. MYANMA pH FIVE STAR UNE "ttssrc VESSEL VOT SIN PU PEN PGU PAGAN 304W SIR HPA-AN 307W SU> IN RMLATSIA: BOUSTEAO SHIPPING AGENCIES KUL OS-*****300 PKL- 03-317M101 PIN: 04-2****** BANK UNE (A service of Aadrew Weir Skipping) I WOKTHiOUNP TO lUtOri~| V CONTAINER, ROM), RRUU( t HUVYUFTS VKSfI676 words
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Page 23 Advertisements
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Advertisement1212 2003-09-04 23 VOY KHH HKO SIN I PKI 1 DXI I lAi DMM UK IRAN HOAMOZOAN PCL 317 04/09 05/09 ***** SKIP ***** 16/09 li/09 74/09 SIMA TOUBA PCL 8004 SKIP SKIP 14/09 16/09 25/09 26/09 02/10 04/10 CAPf FRIO PCI 8005 SKIP SKIP 20/09 21/09 30/09 01/10 06/10 10/10 IRAN KIRMAN1,212 words
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Advertisement9 2003-09-04 23 KEEP ABREAST OF MARITIME LEGAL MATTERS IN EVERY FRIDAY9 words
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Advertisement527 2003-09-04 23 wSfSfm UK CONTINENT SERVICE Loading for THOR LOTUS RTM/ATW/BMNAJK/NAN ARCHIMEDES RTM/ATW/BMM/UK/NAN Loads Singapore. E7W. Mateyaa. Indoneaa MIDDLE-EAST SERVICE Loading for J. FRIENO DBI/ABU/DOH/BRN/DMM/KWT PANORMOS PRIDE DBl/ABU/DOH/BRN/DMM/KWT REGINA V HDD/JDH/AQA 'Loads Singapore, EVW. Malaysia. Indonesia USA SERVICE Loading for PACIFIC EMBOLDEN CAM/NFK/SAV/NOL GIORGOS CAM/NFK/SAV/NOL 'Loads E/W. Malaysia. Indonesia F.E./S.E.A. SERVICES S527 words
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Advertisement752 2003-09-04 23 -ffiifl ¥81 SM pgu vesse YOT <Sl^ jsa am am jilmm mi «7<g~ M —its —3% —»B- bL 1 -»»—«sPAC RANOA *****1 13/04 U /04 t. ?!(uwo* !£g j(S lis PAC RANDA 1017 M 17/04 11/ M MOO EXP OWN U/8 }»/j5 10WL ww IW Sdolimi Sgg W& Kg ["CBANOA752 words
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Page 25 Miscellaneous
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Miscellaneous119 2003-09-04 25 I 1 Vt j 27»\ Issued by Meteorological Service Division,NEA LEGEND: Thunderstorm Wind speed symbols Showers y Full circle w/o line indicates calm or light and variable winds Rain One halt fleche represents 5 knots Cloudy Day -One full fleche represents 10 knots > Hazy A -One solid triangle represents119 words
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