The Business Times, 13 August 2004

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Total Pages: 26
1 26 The Business Times
  • 18 1 MITA (P) 023/03/2004 85C THE BUSINESS TIMES SINGAPORE FRIDAY, AUGUST 13, 2004 I n f tp. 'jusiness-times.asial .com.sg
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  • 978 1  -  Search continues for younger leaders to rejuvenate team at all levels, he says By Chuang Peck Ming [SINGAPORE] A vibrant and competitive economy, an education system that will "light a fire" in the young, greater unity among Singaporeans, an expanding space for its
    JOYCE FANG/ST; AFP  -  978 words
  • 511 1  -  Businesses feel assured by his economic savvy, the smooth political transition By Chuang Peck Ming [SINGAPORE] Businessmen say Lee Hsien Loong is taking over as prime minister at a time when the world is undergoing a sea change and
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  • 76 1 sn 1,888.18 (-8.01) ST INDEX FUTURES 1,888.00 (+5.00) nSHMSCI mM 227.27 (-0.24) SIMSCI FUTURES 228.90 (+0.40) Thursday Change KLSE COMP 819.85 -1.60 NIKKEI 225 11,028.07 -21.39 HANG SENG 12,413.43 +70.30 SET INDEX Closed JAKARTA COMP —758.18 -5.77 MANILA COMP 1,594.48 +2.08 TAIPEI WPI 5,368.02 +0.68 SEOILCOMP 766.70 +13.64 SHENZHEN
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  • 72 1 FOREX RATES US$ 5$ ISS (SSperCSS) 1.712 £(i;ss/s$ per X) 1.831 3.136 EI;R0(1'S$/S$/E) 1115 1(198 YEN 110.7 64.60 RM 3.800 1219 HKS 7.798 4.554 BAHT 41.53 2415 RrPlAH 9153 5.403 RENMINBI 8177 4834 INDIAN RUPEE 4618 27.02 AS 1.397 0.816 NZS 1.520 0.887 PRIME RATES SINGAPORE 5.25 MALAYSIA 6.00
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  • 398 1  -  Its 50-cent surge to $13.30 follows strong Q2 results By Taila Krishnakumar [SINGAPORE] For the first time in almost three years, OCBC Bank has overtaken United Overseas Bank in share price. OCBC shares leaped 50 cents or 4 per cent yesterday to close at
    Source: Bloomberg  -  398 words
  • Page 1 Advertisements
    • 1 1 8
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    • 76 1 af|S CONVERSATION From ice-cream man to Nestle chief Peter Brabeck-Letmathe has the job of transforming the world's biggest food company. Known for his wit and corporate sawy, he shares his experience in the Raffles Conversation. Busted a knee? Don't worry Severe knee injury, whether sustained in sports or in an
      76 words
    • 47 1 Accolades from business, Pg 5 «Mille Miglia» The sporting spirit by Chopard w "WUm V m M M A Bf «RACING THROUGH TIME» I A special exhibition featuring the finest of the Chopard Mille Migiia collection Chopard Boutique, #01-18 Ngee Ann City, Tel. 65/6733 8111 5 www.chopard.com
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  • NEXT page
    • 468 2  -  BT exclusive Deal with Yahaya estate will also get him a role in the Causeway bridge From Eddie Toh in Kuala Lumpur TYCOON Syed Mokhtar AlBukhary is likely to bail out DRB-Hicom's biggest shareholder in a move that could help him gain
      468 words
    • 758 2  -  Fear of higher rates advances investing decisions, he argues By Anna Teo [SINGAPORE] The US interest rate rise this week is only the start of a gradual uptrend through 2005 which will, in fact, boost investments, says the chief economist of Deutsche Bank
      ARTHUR LEE  -  758 words
    • 399 2 LATEST US DATA Reuters Bloomberg [WASHINGTON] US shoppers returned to stores in July, but retail sales for the month posted a smaller-than-expected gain as consumers coped with the recent rises in energy prices, a government report showed yesterday. The Commerce Department said retail sales rose
      Reuters; Bloomberg  -  399 words
  • Page 2 Advertisements
    • 99 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: Simonne Toh T:+6s 6535 3382 F:+6s 6535 3991 E: singaporß@ocra.com.sg 24
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  • SINGAPORE companies
    • 310 3  -  Result boosted by investment income, procurement ops, lower tax By Chen Huifen CHINA Aviation Oil (CAO) yesterday reported a 48.6 per cent year-on-year growth in its Q2 net profit to $16.7 million, lifted by contributions from investments, record volumes in its procurement operations
      310 words
    • 628 3  -  HOCK lock siew joyce koh SINGAPORE broking firms reported impressive earnings for the first half. But what next? Clearly, the picture is not so rosy when one peels off the veneer of multimillion profits that were many times what the firms earned in the same period
      628 words
    • 623 3  -  Goldman Sachs unit has exercise right as counter-party for 214.8m shares at US$0.93 each By Tang Weng Fai IN a move which may raise US$2OO million to help it pay back bondholders, Chartered Semiconductor has entered into an option deal under which
      623 words
    • 416 4  -  37% fall in interest expense boosts net while bad debt provisions dip 34% By Andrea Tan HONG Leong Finance, Singapore's largest finance company, turned in a 17.4 per cent year-on-year increase in net profit to $23 million for the second
      416 words
    • 595 4  -  It posts 4% rise in H1 earnings though turnover falls 20% By Joyce Koh A LOWER half-year turnover aside, Hyflux Ltd yesterday said it is gearing up to take on more projects in the region through a new financing scheme. The water-treatment specialist has
      595 words
    • COMPANYBriefs
      • 63 4 STRAITS Trading Co's Q2 net earnings jumped from $12.3 million to $39.2 million, helped by a $26.3 million exceptional gain, which came mainly from the disposal of the group's investment in Tronoh Mines Malaysia and the exchange of shares in Great Eastern Holdings for OCBC
        63 words
      • 60 4 NEPTUNE Orient Lines has appointed The Hongkong and Shanghai Banking Corporation (HSBC) as its independent financial adviser to assess Temasek Holdings' surprise $2.8 billion mandatory cash bid for the NOL shares it did not own. A formal offer document for the $2.80-a-share offer is expected
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      • 81 4 MAINBOARD-listed Celestial NutriFoods, which manufactures soya bean based food products, has entered into an agreement with the Administrative Committee of Daqing New Hi-Tech Industrial Development Zone to develop a 119.4 hectare soya bean high-tech industrial zone in China. The company expects to invest around $207
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      • 72 4 MAINBOARD-listed Huan Hsin Holdings said net profit for the first six months rose 6 per cent to $14.4 million as revenue increased 52 per cent to $207 million. The contract manufacturer of telecommunications and electronics products reported a 71 per cent jump in
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      • 47 4 ELECTRONICS distributor SNF Corp's net profit for the first-half rose to $4 million from $1.59 million. This was helped by a $2 million exceptional gain arising from recognition of negative goodwill stemming from acquisitions. Turnover rose 48 per cent to $13.6 million.
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      • 84 4 SUNNINGDALE Precision Industries reported yesterday an 86 per cent surge in first-half net profit to a record $8.3 million, following a 40 per cent rise in revenue to $59 million. Earnings per share rose to 2.61 cents from 1.85 cents, while net asset value
        84 words
      • 60 4 TELECOMMS product manufacturer Snowcity International Holdings reported a 55 per cent rise in its pro-forma net profit to RM813.4 million (Ss2.B million) for its half year ended June 30, from RM88.7 million previously. Revenues rose 35 per cent to RM866.2 million, while earnings per share
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      • 63 4 SINCERE Watch reported a 19.41 per cent rise in net profit to $2.4 million, from $2 million previously, for its first quarter ended June 30,2004. Revenue improved 32.48 per cent to $71.2 million, from $53.7 million over the same period last year. Earnings
        63 words
      • 44 4 JURONG Engineering yesterday reported a net profit of $1.5 million for its half-year ended June 30, down 39.6 per cent. Turnover swelled 12.4 per cent to $96.7 million, while basic earnings per share slid to 3.54 cents from 5.91 cents.
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  • Page 3 Advertisements
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  • Page 4 Advertisements
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    • 241 4 Recruit from a wider audience Call 1800 289 8822 or email recruit @sph. com.sg for your recruitment solutions BTFSWHPni Wm Ml* y m 1.1 tfifl u CO-FOUNDERS: ANTHONY THEN ft 80H SOO KHIM ARTISTIC DIRECTOR: 00H SOO KHIM SINGAPORE DANCE THEATRE awakening A triple bill of contemporary masterpieces V#/ >
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  • THE NEW prime minister
    • 2442 5 Business leaders in Singapore express confidence in Prime Minister Lee Hsien Loong WeeChoYaw United Overseas Bank chairman and CEO "There is no doubt that the Singapore economy faces grave challenges ahead, as the world prepares for more acts of terrorism and Asian nations feel the heat of
      AP  -  2,442 words

  • SINGAPORE markets
    • 624 6  -  Compiled by QUAK KIANG WHAI OCBC Aug 12 doring: SI3JO ARGUABLY the best set of results among the three local banks. Net profit rose almost 19 per cent quarter-on-quar-ter to $303.4 million, 2 per cent ahead of our forecast, which was towards the high end of market expectations.
      624 words
    • 277 6  -  HOT STOCK WARRANT By R Sivanithy AFTER outperforming blue chips in 2003, the small cap segment of the local market has been in the doldrums for much of 2004. In fact, a ballpark guess is that around half of the
      Source: Bloomberg  -  277 words
    • 566 6  -  BT comment STOCKS r. sivanithy LAST week's rally that took the Straits Times Index to a three-year high may have led some to predict the index could finish the year above 2,000. But it also drew a fair amount of scepticism from some brokers,
      Source: Bloomberg  -  566 words
    • 360 6 High oil prices, weak July jobs growth numbers weighing on outlook for the economy AFP [TOKYO] The US dollar eased back against the yen in Asian trade yesterday as investors reduced selling positions on the Japanese currency while awaiting fresh data for clues
      AFP  -  360 words
    • TRADES TO WATCH
      • 104 6 GOH Bak Heng, who became a substantial shareholder of Best World International last week, continued to raise his stake this week. He bought 200,000 shares in the health and lifestyle products company on the open market at 22.5 cents on Wednesday, raising his
        104 words
      • 103 6 VETERAN banker Wee Cho Yaw continued to tighten his grip on Haw Par Corporation this week as his privately owned investment vehicle Wee Investments bought 138,000 shares on the open market on Wednesday, a day after he bought 421,000 shares. The purchase,
        103 words
      • 53 6 THE independent director of Creative Master Ltd, Danny Lo Kan Yu, bought 200,000 shares in the collectibles company yesterday at 28 cents a piece. This raised his direct stake in the company to 0.16 per cent from 0.03 per cent. Creative shares ended unchanged at
        53 words
      • 69 6  -  Compiled by TAILA KRISHNAKUMAR CHARTERED Asset Management raised its stake in systems integrator CSE Global last Friday through the purchase of 73,000 shares at an undisclosed price, on behalf of registered holders HSBC, UOB, GK Goh and DBS Nominees. This raised its deemed stake
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    • Article, Illustration
      430 6 OTHER SINGAPORE INDICES Aug 12 VALUE CLOSE BTOB/OS -280.00 -50.00 BT CADI -*****.00 -30.00 BT 10-day MA -*****.00 -28.00 Ali-SG Equities 490.29 +0.33 SG Equities Elect 154.86 +0.96 SG Equities Fin 1565.66 -5.65 SG Equities Prop 437.67 +8.59 SiMSCI 227.27 -0.24 SiMSCI Futures 226.90 +0.40 Stocks Volume KlVentures 10c 28,280,000
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  • PERSONALfinance
    • 849 7  -  Politics and history are just as important factors, says JOSEPH CHONG JOSEPH CHONG GLOBAL equity markets have generally been trading sideways in a broad range over the past six months, despite headlines of strong economic growth. This apparent detachment when economic growth is very strong can
      849 words
  • Article, Illustration
    1106 7 JYansaction date: Aug 12 MTERBAUK CROSS RATES A$ C$ Rmb Euro HK$ Ind Bs ttupiah Yon Won »M K$ Pak to Peso S$ Hand Mr NT$ Baht Pound US$ Australia 0.947 5.924 0.584 5.581 33.120 ***** 0.792 8.284 2.720 1.088 42.069 39.847 1.226 4.441 0.899 24.435 29.719 0.391 0.716
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  • Page 7 Advertisements
    • 987 7 GPINDUSTRIES GP Industries Limited (Incorporated in the Republic of Singapore) ACRA Reg. No. *****2128 C Unaudited First Quarter Report (for the three months ended 30 June 2004) The Board of Directors of GP Industries Limited is pleased to announce an extract of the unaudited consolidated results of the Group for
      987 words

  • EDITORIAL & opinion
    • 796 8  -  THE bottom line OPINION al labita FILIPINO journalism is becoming a very dangerous business indeed. Since July 31, four journalists were killed by unknown assailants; three others survived a shoot-out with attackers in what their colleagues called the "bloodiest" days of their news reporting life.
      796 words
    • 46 8 'Keep fighting even if you see me a prisoner or a martyr. God willing you will be victorious.' Moqtada al-Sadr radical Iraqi preacher, as US marines, backed by aircraft, launched a major offensive to crush a week-long rebellion by his Shi 'ite militia
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    • 646 8 EDITORIAL AS Singapore begins a new chapter in its political history today, one thing's apparent enough quite apart from the day's top strategic issues, leadership renewal will likely figure among the new government's priorities. Much has been said, by just about everyone commenting on the issue,
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    • 976 8  -  Intelligence agencies' monopoly over information and their political authority may distort free flow of ideas From Leon Hadar in Washington THE report issued recently by America's 9/11 Commission on US intelligence services failures subscribes to the notion that there is a way in which the
      AFP  -  976 words
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  • SINGAPORE news
    • 472 9  -  BT exclusive Retailer spending $8m to convert two floors of hotel rooms and build extension By Kalpana Rashiwala RETAILER Mustafa is converting two levels of hotel rooms on the third and fourth levels of its Mustafa Centre into 45,000 sq ft of
      ARTHUR LEE  -  472 words
    • 287 9 Pact covers 8 jets bat low-cost outfit will start flights at year-end with 4 AFP AUSTRALIA'S Qantas said yesterday its Singapore-based low-cost carrier had signed agreements to lease eight Airbus planes in preparation for the start of operations later this year. Oon Korfiatis, CEO
      AFP  -  287 words
    • 261 9  -  By Christopher Hwang SINGAPORE-based Banyan Tree Hotels and Resorts has signed a joint venture agreement with two Mexican developers to construct and manage two spa resorts. Banyan Tree will manage the resorts at Acapulco and Riviera Maya for at least 25 years
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  • 1677 9 ■wwMawiMMfflrwnnaw wmTr»*irn*w--wr^ SICOM FUTURES Aug v. RUBBER Futurei (Closing prkas) RSSKScentiAo) Close Volume Open Month High Low Sett (tonnes) Interest Sep 04 220.50 Oct 04 218.50 Nov 04 218.50 Dec 04 218.50 Jan/Mar 05 218.50 Apr/Jun 05 221.00 RSS 3 (US cmts/kg) Volume Open Month High Low Sett (tonnes)
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  • Page 9 Advertisements
    • 542 9 ALLGREEN PROPERTIES LIMITED (Incorporated m me Republic of Singapore The Board of Directors wishes to announce the following unaudited results of the Group for the period ended 30 June 2004: 1 CONSOLIDATED INCOME STATEMENT FOR THE: 2004 2003 Ssooo $$'000 Turnover 130.628 163.818 Operating profit before interest. depreciation and taxation
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  • REGIONAL news
    • 515 10 BEIJING Baying assets from parent boosts its control of China's huge steel market Reuters CHINA'S top steelmaker, Baosteel, said yesterday it still aims to sell shares abroad even as it plans to raise up to US$3.7 billion to buy mills from its parent in
      Reuters  -  515 words
    • 334 10 KUALA LUMPUR M'sian Resources consortium awarded job Bloomberg MALAYSIAN Resources Corp and other investors will build a RM1.17 billion (Sss2B million) toll highway in Kuala Lumpur as the government revives the project to ease congestion in the capital. The contract, awarded in 1995, is
      Bloomberg; AFP  -  334 words
    • NOTEBook
      • 65 10 Bloomberg [BEIJING] Chinese regulators are investigating five big insurance firms for violating foreign exchange rules, the State Administration of Foreign Exchange said on its website. The companies, which were not identified, took foreign currency cash payments and paid out premiums in yuan, or took yuan for
        Bloomberg  -  65 words
      • 43 10 AP [KUALA LUMPUR] Smoke from land-clearing fires in Indonesia has shrouded much of Malaysia in haze. Visibility in several parts of the country is as low as 2km from the normal 10km, an official said. —AP
        AP  -  43 words
      • 36 10 Reuters [KUALA LUMPUR] Malaysia may have to re-examine subsidies for its ftiel, electricity and transport sectors if oil prices keep surging, Prime Minister Abdullah Ahmad Badawi said yesterday.—Reuters
        Reuters  -  36 words
      • 52 10 Bloomberg [NEW DELHI] India's industrial production rose faster than expected in June as record farm incomes and cheap credit boosted demand for manufactured goods. Output rose 7.3 per cent from a year earlier, faster than May's revised 6.7 per cent rate, the Central Statistical Organisation
        Bloomberg  -  52 words
      • 46 10 Reuters [BEIJING] China is to build its first three liquefied natural gas tankers, each able to deliver about 1.42 million tonnes of LNG a year from Australia, the China Daily said yesterday. The Guangdong terminals Will start in mid-2006.—Reuters
        Reuters  -  46 words
      • 46 10 Reuters [HONG KONG] Swire Pacific Ltd said yesterday its first-half net profit more than doubled, thanks to a recovery in its property business and the airline industry. Net income rose to HK52.95 billion (Ss64B million) from HK$l.l9 billion a year ago Reuters
        Reuters  -  46 words
    • 148 10 KUALA LUMPUR Reuters MALAYSIAN Prime Minister Abdullah Ahmad Badawi said yesterday governmentlinked companies (GLCs) should try diversifying into agriculture and farming businesses to help boost the under-developed sector. Government-controlled oil palm planters, such as Golden Hope and Kumpulan Guthrie, are among the biggest capitalised
      Reuters  -  148 words
    • 145 10 HONG KONG Bloomberg CHINA'S consumer prices rose last month at their fastest pace in more than seven years as food costs surged, making it harder for the central bank to avoid raising interest rates. Consumer prices rose 5.3 per cent from a year earlier after
      Bloomberg  -  145 words
    • 343 10 JAKARTA Reuters IN a second high-level shake-up in less than a year, Indonesia replaced the chief and most of the board members of state-owned oil firm PT Pertamina on Wednesday in what officials described as an effort to restructure the company and improve
      Reuters  -  343 words
  • Page 10 Advertisements
    • 1953 10 J|y|£^^2^^jjjj^^^^jr^^vertis^alltoinreelB©^B^B2^^mailMiotlceBoBphxoHKSg 6&1 POPI lIIIAR PoP^^^v.r« mED I V —y I II II x. (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at 20 Old Toh Tuck Road, Singapore *****5 on 27 August
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    • 669 10 IN THE MATTER OF THE COMPANIES ACT (CHAPTER $0) AND IN THE MATTER CEYLON MULTI BEVERAGES PTE LTD (IN LIQUIDATION) Members' Voluntary Winding-l'p NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to section 308 of the Companies Act. (Chapter 50) that the Final General Meeting of the Members of
      669 words
    • 624 10 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF WESTERN DIGITAL (SINGAPORE) PTE LTD (In Member's Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of Companies Act, Cap. 50 that the Final Meeting of the Company will be held
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    • 346 10 Call toll-free 1800 289 8822 NOTICE OF SPECIAL RESOLUTION CHUAN ANN METALS PTE LTD NOTICE IS HEREBY GIVEN THAT AT AN EXTRAORDINARY GENERAL MEETING OF THE COMPANY DULY CONVENED AND HELD ON THE 6 m DAY OF AUGUST 2004 THE FOLLOWING SPECIAL RESOLUTION WAS PASSED: That pursuant to Section 290(
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  • WORLD news
    • 371 11 LONDON It's also looking into merging the Dutch and UK holding companies AFP ROYAL Dutch/Shell is moving to unify its two boards, and has hired bankers to look into whether its Dutch and British holding companies should merge, the Financial Times reported yesterday. In a
      AFP  -  371 words
    • 454 11  -  From Anthony Rowley in loKyo ON the eve of publication of Japan's latest GDP figures, the International Monetary Fund yesterday predicted that the Japanese economy would expand by 4.5 per cent in real terms this year, and that the nation's long running
      454 words
    • 404 11 Price also touches new peak in New York trading AFP [LONDON] Brent North Sea crude hit US$42 per barrel for the first time in trading here yesterday, spurred on by heightened worries over disruptions to supply in Iraq, Russia and Venezuela, traders said. Brent
      AFP; AFP FILE PHOTO  -  404 words
    • 287 11 PARIS AFP FRENCH pharmaceutical group Sanofi-Synthelabo said it would push for 100 per cent control of its former rival and newly acquired subsidiary Aventis after the French Financial Market Authority confirmed the success of its controversial takeover offer yesterday. A statement from
      AFP  -  287 words
    • WORLDWatch
      • 82 11 AFP [WAYNE, New Jersey] Toys R Us issued a stunning statement on Wednesday that it plans to split off the babies-related division and sell the main toys business. CNBC financial news television ran the headline asking: "Toys Were Us?" In an "update" on
        AFP  -  82 words
      • 95 11 Reuters [NEW YORK] Computer and printer maker Hewlett-Packard Co (HP) yesterday posted a quarterly profit that fell short of Wall Street estimates, citing weak results in its servers and storage products used by large businesses and organisations. The company also warned that profit
        Reuters  -  95 words
      • 67 11 Bloomberg [SYDNEY] News Corp, the media company controlled by Rupert Murdoch, said fiscal fourth-quarter profit rose 7.8 per cent because advertising sales increased at its Fox broadcast network and cable channels. Net income increased to US$399 million, or 29 cents per American depositary receipt,
        Bloomberg  -  67 words
      • 73 11 Bloomberg [CANBERRA] Australian phone company Telstra Corp said full-year profit rose 20 per cent from a year ago when it wrote off its investment in Reach Ltd, its Hong Kong undersea cable venture. Net income in the 12 months ended June 30 rose to A
        Bloomberg  -  73 words
    • 532 13 TOKYO Mitsubishi Tokyo, UFJ to integrate their operations in October '05 Bloomberg MITSUBISHI Tokyo Financial Group Inc, Japan's biggest bank by market value, and UFJ Holdings Inc reached a basic merger agreement to create the world's biggest bank by assets. Mitsubishi Tokyo and Osaka-based UFJ,
      Bloomberg  -  532 words
    • 389 13 LONDON THE British Financial Services Authority warned on Wednesday that it will not tolerate any cosy relationships between companies and the analysts who research their shares, according to The Guardian newspaper. The City regulator told companies they could be committing "market
      389 words
  • 4690 11 UNIT TRUSTS FUNDS Commenbank Asset Mot com Global Finance Index Fd 0 933/ Com Global Lifestyle Index Fd 0.954/ ABN Amro Asset Mgt (S pore) Com Global Health Index Fd 0.836/ Star Europe Eqty! 0.697 C om Global Telecom Index Fd 047/ Star Europe Bond 2761 C om Global mfotec
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  • Page 11 Advertisements

  • 4737 12 Transaction date: Aug 12 HONG KONG Vol HK Exchanges Clearing..15 65 0.15 5711 HKS *1- tOO HKR Int'l 2.58 0.03 1407 Hong Kong Electric 33.70 0.50 1885 Aeon Credit 4.95 unch 0 Hongkong Chinese 0.93 unch 238 Aeon Stores 6.85 -0.10 224 Hopewell Holdings 16.60 -0.05 1168 Alpha
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  • 2305 12 Transaction date:Aug 12 KUALA LUMPUR obrtr TK 0.43 0.01 223 Vol GlomacBhd 3.34 -0.06 2 RM *1- COOO) Gotd Bridge Engrg0.35 0.01 78 Golden Frontier 0.72 -0.01 11 A4M Realty 1.23 -0.05 3 Golden Hope Plant 3.34 -0.02 170 Abric .0.54 -0.02 47 Golden Pharos .0.46 unch 43 ACP
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  • 714 12 BONDS WARRANTS fal La* M Cm* Em* 'ST Gaw *2*1 Cod* n tal» r—) «w>» Wa Irfl wtnmw 3779 ZZT« 1 53 41 138 44 3W* AtnuUdWMlVlC OS 1 50 7*2 liOU I 3G02 Amt«4W«SOt;0 ..77 1 10 1 13 1 147 10 AulronW*) TOwCI US AS 1117 I II
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  • Page 12 Advertisements

  • 7018 13 1 Transaction date: Aug 12 52-Wk Tel Last Vol Day Last Quote GrOtv Wv GrVtd Met MCap High Low Code Company Salt *1- COOP) High Low Buy SaMer C»r Hi Sma 255 6.5 5716 1st Software 5c 7 +0.5 556 7 6.5 6.5 7 27.8 34 5 25
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  • CINEMA/EPICURE
    • 501 14  -  By Cheah Ui-Hoon MID-AUGUST is certainly high season for local theatre companies, with no less than four productions opening next week. Besides the rich offerings of English-language theatre, there are a couple of choice pickings which showcase contemporary Asian theatre from the region. For
      501 words
    • 555 14  -  Collateral may be a cool, in-depth study of a cabbie and a killer but it leaves the viewer strangely unmoved By Geoffrey Eu COLLATERAL is a road movie for grown-ups about a fateful evening in the lives of a cabbie and a killer, riding
      555 words
    • 399 14  -  By Geoffrey En IT would be tempting to call Catwoman a catastrophe, but the truth is it's merely, uh, im-purr-fect almost fatally, to be sure, but not quite. After all, if the sight of Halle Berry spilling out of a tight leather outfit that's straight out
      399 words
    • 1228 14 books Stargazing: Memoirs off a Young Lighthouse Keeper, by Peter Hill THIS charming memoir is set in the time of 1973. Young art student and dreamer Peter Hill brings you back into the days before automation, when lighthouses and many other parts of life still required the touch of
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  • Page 14 Advertisements
    • 173 14 jfm m W\ 'Br Jf •i r >;m f\ IJip! j 117 l j» i a a rmerted'Sktim Diners Club Credit Card To apply, call: 6416 0980 Where to wine, dine and entertain*.. *BHI sive prMkffs& Treats New Age "Xiang Cai" Promotion 9-18 August 2004 Prepared by Chinese Work) Class
      173 words
    • 125 14 Tteat yourself to our back by popular Ctemand Asian Buffet and indulge in soma all-tima favourite dallcacias Laksa, Maa Rabus, Spicy Tom Yam Soup, Blua Crab In Yallow Curry, Braisad Pork Lag and our avar scrumptious Roasted Meat at only $16-80+++ Coleman's Asian Lunch Buffet comes with free flow of
      125 words
    • 101 14 PLAZA PARKROYAL INVArOH* Say Yes To Dream Wedding Show 14 August 2004, Saturday Ipm to spm $30 nett per couple Enjoy a 5-course Chinese Set Lunch Dessert Buffet whilst marvelling at the bridal evening fashion styles. Pick up financial planning tips as well by UOB Life Assurance. Grand Prize: 25%
      101 words
    • 6 14 meoli doity gsgBoga cour*« Wj Oxford
      6 words
    • 43 14 M E RITUS MANDARIN SINGAPORE I^l Sml SB YOURCOSY HAVEN AWAITS Relax and unwind after a hectic day's work with a refreshing drink. Reservations: Mezzanine 6831 6286 Mi^mjs MANDARIN t**a« 333 Orchard Road, Singapore *****7. Tel: +65 6737 4411. Fax: +65 6732 2361.
      43 words

  • PERSPECTIVE/COVER
    • 695 15  -  OFF the cuff Laugh at their talentless performances, but they could be what future Singapore generations will be like jaime ee I WONDER if the idea to screen the debut of Singapore Idol right after the National Day Parade on Monday night was
      695 words
    • 716 15 CATHAY BUILDING THERE is a sweet irony to the fact that Paul Tange is the architect responsible for shaping the new generation Cathay Building, now undergoing construction at its original site at the junction of Orchard Road and Bras Basah Road. While the proposed
      716 words
  • Page 15 Advertisements
    • 187 15 P T T- ,r t 4 •w. %V r > -VV"- r r s' H -Vv >. •V' lav'ish^)read i a lavish view. y. vVI liriincli (hit (hi Sundays At Ihr Dining Robm. 'l jr^ f VJf i\ HI i'i*i till ni^r Sixnil Sunday ivld\in£ and toasting on an international
      187 words
  • Page 15 Miscellaneous
    • 322 15 CRYPTIC CROSSWORD 7 Work on island plot (9) 8 Gormless mountain dog (5) P I 1 I I I I 10 Closing date for journalist's —LaJ m dull column (8) iH IH Hi |H HI M Hi 11 One is going to make them 12 Worked at the wheel for
      322 words

  • EXECUTIVE Lifestyle
    • 1473 16  -  Paul Tange wants to be different yet true to his visionary father's architectural principles. GEOFFREY EU finds out how he strikes a balance GEOFFREY EU WHEN your father happens to be one of the most accomplished architects on the planet, following in his professional footsteps can naturally be
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  • Page 16 Advertisements
    • 167 16 Some Previous Laureates Por almost 30 years, the Rolex Awards for j. HM M j C h e i Andre Enterprise have helped scores of men and IgiiHnHti?' Created a system women to make our world a better place. m*m t0 collisions timmimmiimtmJlumt^ between whales you have a IHHHI groundbreaking,
      167 words

  • SHIPPING TIMES
    • 684 17  -  Labour problems in US and congestion in Europe add to peak-season delays here By Donald Urquhart [SINGAPORE] Surging China volumes continue to strain port facilities around the globe with sporadic congestion delays still afflicting PSA Corporation's Singapore terminals, according to shipping lines. This
      BLOOMBERG FILE PHOTO  -  684 words
    • 389 17 Dutch group posts US$74m profit in H1, denies merger talks with NOL Reuters [AMSTERDAM] Shipping group Royal P&O Nedlloyd turned to a strong first-half net profit yesterday as growing demand outpaced supply, and said favourable conditions would continue for the next 12 to 18
      Reuters  -  389 words
    • 325 17 AP [ATHENS] The world's largest luxury liner, the Queen Mary 2, arrived at Athens' main port of Piraeus on early Wednesday, one of eight cruise ships that will be home to thousands of dignitaries, world leaders and officials during the Athens Olympic Games. The ship,
      AP  -  325 words
    • 309 17 SGX '000 *■>» W- Vol CH Offshore .037 unch 226 ChuanHup .0.53 001 1103 Cosco Investment .082 -0.01 6249 CWT Distribution 0 50 0 03 23 Ezra Hldgs .0.93 unch 0 Freight Unkj .0.10 0 01 151 Grand Banks Yacht 080 0.01 67 Java Holdings 0.87 0.01 1648
      309 words
    • 440 17 M'sian line's Q1 profit doubles to RM920m on sales of vessels, firm rates Reuters [KUALA LUMPUR] Malaysia International Shipping Corp (MISC) is to raise its LNG tanker fleet to 28 from 17 by 2008, strengthening its position as the world's largest
      Reuters  -  440 words
    • 928 18  -  ADMIRALTY CASEBOOK By Selva Kumar THE High Court of Australia last week overruled a decision of the Supreme Court of New South Wales (NSW) that a bank that also signed a shipper's letters of indemnity for the release of goods without
      928 words
    • 187 18 PAGE Alianca 3 AAL 5 Avant 5 Bank Line 4 B'tang Mas 3 BSA 4 BTL 6 CMACGM 3 COSCO 3 China Shpg 4 Confer 5 Crocodile Line ....4 Delmas 4 Dongnama 3 EP Carriers 5 ECL 3 Eng Lee 5 Eukor 2 Eurasia 5 Foong Sun
      187 words
    • 12834 22 THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Destn Name Name Number Number To ASUNCION (ASU) 2029 Paraguay TO ABIDJAN (ABJ) 2003 Cota D'lvoir* 25/08 10/10 COSCO LT GUARD 127* *****900 23/08 05/10 China Shpg
      12,834 words
    • SHIPS IN PORT
      • 480 25 Vessel Voy No Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL ETNA 2 001 J15 A/SIDE 13/08 0630 SANDIDEWA 2 164 J2 A/SIDE 13/08 0630 SENEPIS 9 01/04 J3 A/SIDE 13/08 0630 SING LH 11 JB4801 J4/5 A/SIDE 13/08 1700 TERANG 18 E4195 J3 A/SIDE 13/08 0200 BAYSWATER228 E4196 J3
        480 words
      • 1636 25 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vessel Out In Bth Berthing Un- Berth Name Voy Voy seq berthing Nmbr ACX HIBISCUS 095S 095S 1 13/08/2004-13:00 14/08/2004-07:00 T04 ACX SAKURA 033N 033N 1 14/08/2004-22:00 15/08/2004-07:00 ACX SWAN 106N 106N 1 14/08/2004-15XX) 15/06/2004-0100 AL FARAHIPI C307W C307W 1 15/08/2004-04:00 15/08/2004-16.00 AL
        1,636 words
      • 143 25 Aug 15 France: Assump Day. Belgium: Assump Day. India: Indepen Day. S Korea: Libe Day. Aug 17 Indonesia: Independ Day. Aug 20 India: Parsi New Day. Aug 30 UK: Summer Bank Hoi. Aug 31 Malaysia: Nat Day. Philippines: Nat Heroes Day. Sep 6 Canada: Labour Day. Sep 12
        143 words
      • 835 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 average sized stem. Market movements are indicated. The Cockett Bunker Price Index change and the
        835 words
      • 595 25 Carbon 180 Max 975.2 0.2 15.2 0.03 15 0.02 Auq 5 Density Water Residua AshAluminlum Sediment No above E25 0 0 1 0 0 0 380 Ave 985.1 0.3 14.4 0.04 22 0.02 Euon 380 Max 1013.5 1.7 17.8 0.07 56 0.06 KG/M'3 v/v m/m M/M
        595 words
    • AIR & LAND transport
      • 275 26 Changi Airport among 10 firms that have made bids Bloomberg [NEW DELHI] Bharat Petroleum Corp, India's thirdbiggest state oil refiner, said it may buy stakes in the Mumbai and New Delhi airports, which the Indian government is selling. The
        Bloomberg  -  275 words
      • 267 26 Reuters [ROME] A passenger wearing anti-static shoes triggered a security alert at Rome's main airport on Wednesday, forcing the partial evacuation of a terminal housing Israeli airline El A 1 and major US carriers. Airport officials said staff at El Al's check-in desk
        Reuters; AP  -  267 words
      • 468 26 NYT [CHICAGO] Pilots at United Airlines, angered at the prospect of seeing their pension plans replaced with less-generous versions, vowed to use all legal means available to fight such a move. But United, which filed for bankruptcy protection in December 2002 and is trying
        NYT  -  468 words
      • 225 26 AP [MADRID] Fighter planes from three European countries scrambled to intercept a Spanish airliner in May after the civilian aircraft's pilots failed to answer messages from air traffic controllers, the Spanish airline said on Wednesday The Air Europa Boeing 737 carrying 186 people was flying
        AP  -  225 words
      • 484 26 Increased demand cited; airline expects to post fall-year profit Bloomberg [FRANKFURT] Deutsche Lufthansa AG, Europe's third-biggest airline, said its second-quarter loss narrowed as the carrier sold more tickets and cut costs. The company said it expects to post a profit for the
        Bloomberg; AP  -  484 words
      • 340 26 AFP [PHNOM PENH] Cambodia is to launch a new national carrier three years after its predecessor's financial collapse in the aftermath of the Sept 11 terrorist attacks, an aviation official said on Wednesday. Cambodia, the only country in South-east Asia without a flag carrier,
        AFP  -  340 words
      • 2259 26 cm WGHT ETA FLIGHT HO m BM S*?M1 —jug u&m —1556 SW 0550 KBS 1745 22 ,52 8684 1625 S0436 2030 raw —mSrm—S~5> 4 SS™ »i» toS wjJ* i«5 »sSTrno <£o ***** 2345 soSs m TkSn oSs EK404 1405 $0404 2325 MM SO348 0100 riui ucn
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  • Page 17 Advertisements
    • 173 17 v fig in Rome SHBCElr^* COIuZZU v iwllonfll i RtTfflPWfl cairler ASIA WEST AFRICA TRADE AGREEMENT Notice to Shippers CONGO RIVER SURCHARGE i The Member Lines of Asia-West Africa Trade Agreement wish to advise their customers that due to the reduction of the draft of the Congo river, they are
      173 words

  • Page 18 Advertisements
    • 843 18 I TO USA/CANADA I I EXPORT I I OTHER DESfjNATjgNS I |vgsa |VOY |KG ETA SIN LONGHAOIjDALLAS|HOUSTON|MEMPHIS CHICAGO| NEWYORK TO AUSTRALIA (AUSTRALIA ASIA EXPRESS) PtO NEDUOYD SOUTHAMPTON 44E33 10/ M 11/Dt 71 A* 02/09 03/09 01/W 01/09 04/09 VOY ETA SIN PKG —FM~~| —BnTH —SYD~"| —Ma AM 00CLNING80 03E34 OMIT
      843 words
    • 540 18 Lines services represented by Aar.W Shipping Agrt. J"""* L°9"te V-ii. -y Singapore Shipping Associate ssocio ion conmnks/ /n\NJ/ CONVENTIONAL CMOO ran kiang/singapore /Jakarta t iangkok VOY ETAPKL ETASIN ETA MALE KotaTegap TGAO73 1908 2»08 Maid Carrier 749 16/06 2008 2808 LILY MARINE SERVICES SINGAPORE Phone: C224-45M, 6224-4828 Fax: 6224-SSIS, 5227-US#
      540 words

  • Page 19 Advertisements
    • 1070 19 ||AI r ftm K»nar mvA. v.omDines a range of shipping modes to ensure timely, reliable services covering major ports in Norm America, Europe, Japan, Asia, Africa Oceania. Also hrtre-Aski Cvpn tn BUSAN KWANGYANG SHANGHAI YANTUN XIAMEN QMGDAO BELAWAN J JAKARTA SURABAYA KAOHSIuHG BANGKOK LAEJi CHABANG HOOKIIUNH /fASW GUPANG POIANG POtT
      1,070 words
    • 2385 19 NEW "SIV" SERVICE EVIRY THURSDAY SMGAKWE TO BANGKOK -3 DAYS SWGAfOtETOHOOiM—I -4PAYS GENERAL AGENTS M SINGAPORE: 16 RAPHES QUAY #16-01 SAUS/UGS HL *****857/43 FAX; 6JMS3? 1/24 I u[Uf «HTV* CCDVITC fQCTID CHIPPING PTE LTD HONG LEONGIMUNNG OUTWARD (8/1) *****802 62J*****/7S I licff MIT MKTIU KGMIMMIM76 SINGAPOREO4BSBI INWARD(D/O) *****716 *****314/49 I
      2,385 words

  • Page 20 Advertisements
    • 1089 20 UlKiyr WALLENIUS WILHELMSEN website: http://www.2wglobol.tom Vissa IVOY IRAMP LK ~MAO~ HOP* Ml* ~~SAV~ »A 1 ~0«f NYC MEW IKKX TAMISIS AF4I6 3201NS 6.40 M I 16/08 09/09 18/09 25/09 26/09 01/10 29/09 03/10 22/09 TAMPA AMI 7 4201 ms 6.4 M I 30/08 2S/09 04/10 11/10 12/10 It/10 14/10 11/10
      1,089 words
    • 1557 20 WAN HAI INTERNATIONAL PTE LTD ano uwswoooo/R VW\ WAN HAI LINES C^ 6^/^^s^^6^4^6226l2M Y 111 TVnll I ini LlllLt# m«:|n)»ItIMINU:|n)»aOMm«:(M|ZIkSWOMX:|M)aHW* V- JOM BL B7) 2511T0 FAX: (07® 11*71 SW1B: (031) UtM75 HUL IB3I) n*77U/CT1305 www winhfli com so KTIH:|BI)S2MIMNU:|ni)SS<I«IUI«:ntaO/71t»l NUtnUTf 8 ttm:(IH)«IS7WIM:(m)4ISWB/4l«nW EI TsTffi I a TS (BJSMEIN HOIMBS| 0791
      1,557 words
    • 773 20 BSAi MYANMA Hn FIVE STAR LINE (Myomnor National Line) Loading for Yaigoß VfSSCI VOY SIN PKL PEN PGU PAGAN 332W SU) HPA-AN 320W SU) SU) IN MALAYSIA: BOUSTEAD SHIPPING AGENCIES KUL 03-*****300 PKL: 03-*****101 PEN: 04-*****02 ACCEPTING CONVENTIONAL C6O HKG SM HKG SIN PGU PKL KUC SUNNY WAIT SI SU)
      773 words

  • Page 21 Advertisements
    • 1123 21 IRISL, to {fl&aQ'to to SSMsM Sasfl* ®®3®fp{)B Q(hF&!I)(£)!h IbfiM fteKsffititig) fe? jpofimite Hon <SJ3 w/sUd Q® @ollo§o (ZswtnQiitim SOD Qfh® (fc&itesQ Qpsmifo QUotm* AGENT IN SINGAPORE AGENT IN MALAYSIA AGENT IN INDONESIA SINOSE MARITIME PTE LTD BOUSTEAD SHIPPING AGENCIES SON. BHD. PT. SINOSE CONTI PERSADA TEL: *****144 FAX: *****181 KLANG
      1,123 words
    • 603 21 J k UK CONTINENT SERVICE Loading for ANTONIS RTM/ATW/BMNAJK/NAN STARLY RTM/ATW/BMNAJK/NAN ARIELLA RDM/ATW/BMN/UK/NAN Loads Singapore. EVW. Malaysia, Indonesia MIDDLE-EAST SERVICE Loading for VTC STAR DBl/ABU/DOH/BRN/DM M/KWT RAVENNA DBl/ABU/DOH/BRN/DM M/KWT J FRIEND HDD/ADN/JDH/AQA Toads Singapore, EVW. Malaysia, Indonesia USA SERVICE Loading for SAMOS DREAM CAM/NOL/NFK/SAV HANDY ROSELAND CAM/NOL/NFK/SAV "Loads E7W. Malaysia.
      603 words
    • 1270 21 Vtssa VOT SM fGM _«SSB MM SH XI cy 7301 oow XLM u/o« ujjuaui ISfiS IlZfif IIZM— PA( tAWOA 1276N 17/01 17/Ot tkCUU 1128 16/ M 11/01 PMMMPA WjrN 11/ M 19/01 PACIMttN 8261 Witt 22/ Ml CSf 2301 0019f 19/01 ?1/W PACIALI 4129 23/ M 26/0« m »ahda uzn
      1,270 words

  • Page 22 Advertisements
    • 320 22 ■HHSIIGaWAVE 206N 1112/08 iri9/08 2«5/Ml ■PSWffll TIGER PEARL 207N 14-15/08 20-22/08 28-29/08 WUNiiflfl TIGER SKY 208N 19-20/08 24-26/08 31-01/09 Hi H i TIGER SEA 209* 22-23/08 28-30/08 0546/091 ■■■■■TIGER WAVE 21 ON 24-25/08 31-02/09 07-08/09 ÜBBU TIGER PEARL 211H 28-29/08 034)5/09 11-12/09 BiiTTvTllTiGEßsmff 090 14-15/08 22-24/08 0102/091 ■ffmmii BALSAM 160
      320 words
    • 686 22 S'psn Af«ifc lAL Sfcaniaf Aawcy (S) Pit ltd (CR NO; 16SI*****00Z) I Vmv m {J I no Cum*. ?n-fa lominii w i»Mnt ws4* crntercisici JL,ines u.omwti tn iifcwn w*m»* w««jmwmMmmmi| SUPER EXPRESS SERVICE TO HONQ KONQ JAPAN I rem jvoY oat iw|»g|TTo mmm «f [*m liiwr-iiiii p»|tiTOnwnS^^Sn MOl ETtRMFTY SOW
      686 words
    • 585 22 /~J— I lIV| CO MAI* TH: *221-1333 FAX: *221-5272 /rjy rUL LI 111 CO B Tftßrftlu p. CWTWttSaVKtnL*22I-55*MX:******90 fg SMGAPOtI: TONG JOO SHPPMG HI ITD imr^dbuM trwiftf rowTawim niwctt TO ftu*Y>>fcl*tit#iiTAiiMAK AMP mail! Ivcsa rasa »ot man aw vtssa voTmai w vbsb wr rasw tmcow MM«S> 40*3 15/01 17/11 «SWH
      585 words



  • Page 25 Miscellaneous
    • 118 25 1 8HRSHBMH3BB8IBBBHBk y y i# Jf Issued by Meteorological Service Division.NEA LEGEND: P 7 Thunderstorm Wind speed symbols Showers O Full circle w/o line indicates calm or light and variable winds R a n One half fleche represents 5 knots Cloudy Day —-One full fleche represents 10 knots ex Hazy
      118 words