The Business Times, 13 October 2004
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2004-10-13
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The Business Times
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Title Section15 2004-10-13 1 THE BUSINESS TIMES Wednesday October 13,2004 SINGAPORE 85 cents online at .cx)rvLsg MITA (P) 023/03/200415 words
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Article, Illustration475 2004-10-13 1 DANIEL BUENAS - BT exclusive By DANIEL BUENAS [SINGAPORE] In another sign that the economic recovery is filtering down to the ground, the number of writs of summons filed against individuals and companies fell more than 25 per cent in the first nine months ofSource: Infocredit D&B - 475 words
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Article134 2004-10-13 1 STI 1,971.04 (-20.95) ST INDEX FUTURES 1,970.00 (-28.00) SIMSCI 236.64 (-2.82) SIMSCI FUTURES 236.30 (-3.40) MARKETS Tuesday Change KLSECOMP 852.80 -2.30 NIKKEI 225 11,201.81 -147.54 HANG SENG 13,251.59 -53.54 SET INDEX 658.27 -19,66 JAKARTACOMP 849.19 -10.95 MANILA COMP 1,784.91 -37.06 SEOUL COMP 858.09 -23.02 SHENZHEN B 246.20 H6.35134 words
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Article, Illustration884 2004-10-13 1 WONG WEI KONG - Profit up 31 times to $7.4b in year ended March 2004, but fell sharply in 2003 to $241m from $4.9b By WONG WEI KONG [SINGAPORE] Temasek Holdings' first public annual report shows that its earnings can be as volatile as, if not more than,884 words
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Page 1 Advertisements
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Advertisement12 2004-10-13 1 EXEC MONEY How new financial advisory rules will affect wealthy investors pg3212 words
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Advertisement16 2004-10-13 1 LUXURY CARS Audi seeks to catch up with rivals BMW! Mercedes in Asean: Autoexec Ralph\teyier pg2916 words
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Advertisement87 2004-10-13 1 ■PSgSßrrjP motoring NTUC Income ups premiums for Europeancare pgm Your Flexible Partner in Overseas Property Finance Whether you neetfW yjul li liMHiliing for a residential property in Great Britain, USA, Canada, Australia or New Zealand, Lloyds TSB's MULTI-CURRENCY, MULTI-COUNTRY and *r- ""it r Wr-r'' as possible. We offer an array87 words
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TOP STORIES
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Article566 2004-10-13 2 Temasek report useful but needs more details THE publication ofTemasek's annual report, if anything, marks the beginning of a more transparent Temasek. But, as the investment company grows more accustomed to public scrutiny, it will hopefully be more comfortable about disclosing more than what it has done in566 words
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Article, Illustration649 2004-10-13 2 KALPANA RASHIWALA - Owners' Reit plans on track, but may be scrapped if buyer's offer accepted By KALPANA RASHIWALA [SINGAPORE] The owners of Suntec City, including tycoon Li Ka-shing, are in an enviable position on top of plans to set up a real estate investment649 words
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Article, Illustration879 2004-10-13 3 JOYCE KOH - TEMASEK'S ANNUAL REPORT Low figure due to shocks like Asian crisis, Sars and 9/11, it says By JOYCE KOH [SINGAPORE] Unlisted companies in the Temasek Holdings stable posted poor performances in the property and telecommunications sectors last year but achieved a turnaroundSource: Temasek annual report - 879 words
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497 2004-10-13 3 SIOW LI SEN - But investment company has yet to draw on funds By SIOW LI SEN [SINGAPORE] Temasek Holdings can with the approval of the Elected President draw on the government's past reserves for any proposed transaction or for its annual operating budget, its497 words
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Page 2 Advertisements
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Advertisement388 2004-10-13 2 ™045o 4 5 r2004 Recent Tax Update On Intercontinental Singapore v Ballroomii Individual Income Tax Registration/ enquiries Ms Karin Fong There have been several changes made to the taxation of Fax: 6532 7662 individuals' income in the last two years. In 2003, the Singapore Tel: 6428 6954 Government introduced a388 words
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Advertisement371 2004-10-13 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: +65 6535 3382 F: +65 6535 3991 E:371 words
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Advertisement30 2004-10-13 3 1 l>Sw i mma automatic mechanical Swiss certified chronometer keeps the correct time, exauisitely. B i ?£s B >- V- I IT *«P* 4 SINGAPORE RATFUS HOTEL ARCADB 673S M 2330 words
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COMPANY NEWS
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Article, Illustration514 2004-10-13 4 WONG WEI KONG - HOCK LOCK SIEW By WONG WEI KONG WAS Temasek Holdings' first ever public annual report worth waiting for? When it was first announced earlier this year that the secretive Singapore investment company would break with a 30-year tradition and publish its annual report,AP - 514 words
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Article, Illustration479 2004-10-13 4 RAJU CHELLAM - It wants to invest US$1-6m in infocomm-related companies By RAJU CHELLAM [SINGAPORE] Venture capital firm iGlobe Partners is looking to fund Singaporebased start-ups in semicon design, telecoms applications and 3G (third-genera-tion) mobile phone content creation. The firm is currently raising US$l5O million in fresh479 words
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Article, Illustration548 2004-10-13 5 KENNETH LIM - Althorp's role is to turn company into major regional IT services provider By KENNETH LIM FORMER Datacraft Asia chairman Derek Althorp has returned after a twoyear hiatus as an executive director and co-chairman of DMX Technologies Group, a rival network specialist founded by formerFILE PHOTO - 548 words
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450 2004-10-13 5 VINCE CHONG - By VINCE CHONG SHOCKED that Wee Poh Holdings has temporarily relieved them of their duties in the group, directors Chew Yin What and Lee Kok Swee yesterday issued a statement to tell their side of their story. Mr Chew, former executive450 words
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Article399 2004-10-13 5 KENNETH LIM - By KENNETH LIM FORMER Citiraya Industries executive director Raymond Ng Ah Hua has bought his way to a 27.7 per cent stake of Leong Hin Holdings through a rapid series of open-mar-ket transactions, the latest a 16.6 million-share purchase yesterday. Mr Ng, who co-founded Citiraya399 words
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596 2004-10-13 6 JOYCE KOH - Analysts downgrade the stock over $1.3b sale of key asset By JOYCE KOH THE warm sentiment over SembCorp Logistics' sale of its 20 per cent stake in Swiss group Kuehne Nagel International cooled yesterday as the main-board-listed company took a broadside in analysts'596 words
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Article, Illustration513 2004-10-13 6 JEAN CHUA - By JEAN CHUA SHARES of Singapore Press Holdings retreated yesterday despite the media group's full-year net profit rising 44 per cent to $546.3 million. The stock dipped 1.7 per cent or eight cents to close at $4.76, with 9.18 million shares traded butFILE PHOTO - 513 words
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COMPANY BRIEFS
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Article94 2004-10-13 6 AUDITORS of Ho Wah Genting International said the company's preparation of financial statements on a going concern basis may no longer be appropriate if a proposed $1 million cash injection and debt-equity swap deal by an investor falls through. Financial statements of Ho Wah's subsidiaries94 words
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135 2004-10-13 6 Reuters CREATIVE Technology plans to raise US$l5O million in the syndicated loan market with a 5-year floating rate deal, debt market news service Basis Point said yesterday. The loan for Singapore-based Creative, known for its Nomad range of digital music players, is beingReuters - 135 words
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Article38 2004-10-13 6 BOUSTEAD Singapore Ltd said it bought a stake of 12.58 per cent in subsidiary Salcon Ltd, paying 20 cents a share or $2.59 million. The acquisition raised its stake to 79.17 per cent.38 words
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48 2004-10-13 6 CONSTRUCTION group Yongnam Holdings said 4.9 million shares have been credited to some of its Malaysian trade creditors yesterday. This brings the group's paid up capital to $7.4 million. Yongnam's shares have seen heavy trading volumes in the past two days.48 words
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Article79 2004-10-13 6 OVERSEA-CHINESE Banking Corporation Ltd said it will sell a 49 per cent stake in associate OCBC-Perdana Futures Sdn Bhd to Villasuria Sdn Bhd for RM5678,653 (*****,956). OCBC-Perdana, incorporated in Malaysia, is a dormant company which ceased operations in April 2001. It used to deal79 words
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33 2004-10-13 6 BUSINESS space provider Ascendas said it will partner India's Mahindra Industrial Park to develop one million sq ft of ready built space at Mahindra City in Chennai.33 words
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92 2004-10-13 6 GOODWOOD Park Hotel Ltd said its flagship hotel along Scotts Road had a open market valuation of 130 million based on its use as a hotel and $128 million in the event of a sale. York Hotel at Mount Elizabeth had a valuation of92 words
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Article374 2004-10-13 7 It will submit trading plan this month to Malaysia's Securities Commission Bloomberg BURSA Malaysia Bhd, which operates South-east Asia's second-largest stock exchange, will submit a plan this month as part of a tie-up with the Singapore Exchange Ltd to allow their respective brokeragesBloomberg - 374 words
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Article, Illustration767 2004-10-13 7 SIOW LI SEN - By SIOW LI SEN ABN Amro Futures is poised to tie up with stateowned China Galaxy Securities, the country's largest broker, scoring a coup over global rivals, and it is all driven by the Singapore office. The proposed joint venture couldFILE PHOTO - 767 words
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443 2004-10-13 7 GENEVIEVE CUA - By GENEVIEVE CUA THE CPF should be retooled to allow more voluntary contributions, and the contributions should be tax-deductible, says NTUC Income chief executive Tan Kin Lian. In a speech to be delivered today at a pensions and retirement planning conference, Mr Tan said443 words
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Advertisement175 2004-10-13 4 srsr °(i£Sjjj?J ■MM MHU' jHI I '^mS m Ur, w LJ MM |QflH§ j p phi I j n Ik m r I[VI BQ fl ~ZjSBF "hH^MEel^' A -fBH^BIMP I |f ■vagi 1 |S r -j( r s^Bj Tal wmMmm//'/ -<\ v v "i -1 jhM WNWUXLI With Philips' MASTER175 words
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Advertisement283 2004-10-13 4 Your emDlovee before SRP. Your employee after SRP. A M With SRP, your employees in the electronics industry will never be the same again. Your employees contribute directly to your operating revenue and have an effect on your operating costs as well. So, increasing their skills and productivity translates into283 words
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Advertisement99 2004-10-13 5 (01 Service one of the many reasons why premier hotels use 002* v 11 1 i IB 1 II 1 I I 1 I I l if 11 I 11. Wjl i 11 I 1 mm *II mi i £1 I n H \fl H I 11 II if II99 words
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Advertisement60 2004-10-13 6 Last 2 weeks to sign-up for The Pines Premier Membership. Act now! im A '#> J'S?* 'jfkW &495& 'I < p > This special membership ends on 31 October 2004. So hurry call us today at 6732 8888 for details or to arrange for a personalised club tour. 5 THE60 words
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Advertisement74 2004-10-13 7 k .H HH\fl u-Jkss±^^k*&k.** jnp^^" wl 'iW^ New I'Espace Affaires Business Class. From November Ist 2004, benefit from 180° reclinable lie-flat seats, 27% increase in personal space, storage compartments, 10.4" interactive video screens and a new menu on board our new Boeing 777. You will also benefit from a daily74 words
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SINGAPORE MARKETS
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Article, Illustration898 2004-10-13 8 LARRY WEE - CURRENCIES A$, C$ and NZ$ benefit the most from exploding commodity prices LARRY WEE Senior Correspondent AS the US dollar took an untidy turn for the worse again over the past week and stock markets ran out of steam, commodity prices especially oil-related898 words
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Article543 2004-10-13 8 KENNETH LIM - Compiled by KENNETH LIM Utac Oct 12 dose: 59 cents UOB-KAY HIAN RESEARCH, Oct 12 FROM our recent visit to United Test and Assembly Center, we are confident that Utac will be achieving its Q304 sales guidance growth of 10-15 per cent quarter-on-quar-%M*The double-digit sequential growth rate driven543 words
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Article, Illustration397 2004-10-13 8 R SIVANITHY - STOCKS R SIVANITHY Senior Correspondent In broking circles, the 20.95 points drop in the Straits Times Index to 1,971.04 yesterday might have been described as a "much-needed correction". Certainly, given that the index had risen almost non-stop for four to five weeks and was starting397 words
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TRADES TO WATCH
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78 2004-10-13 8 GKE International chief executive Azam EssofKolia sold his entire 7.4 million shares to one Liu Jichun yesterday at 18.5 cents apiece in a married deal. Those shares represent 4.21 per cent of GKE's issued share capital. Meanwhile, GKE, a logistics78 words
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79 2004-10-13 8 LINKS Island Holdings deputy managing director Cynthia Tan Kwee Hiang and her husband, former Links Island chairman Winstedt Chong, have raised their stakes in HG Metal Manufacturing again. Mr Chong bought 693,000 shares on the open market on Monday, raising the couple's combined79 words
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66 2004-10-13 8 THE Government of Singapore Investment Corp (GIC) ceased to be a substantial shareholder of TPV Technology on Friday last week after it sold 812,000 shares on the open market for an undisclosed sum. Its stake in the computer monitor maker now stands at 4.9966 words
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65 2004-10-13 8 NEON Liberty Capital Management, which controls several funds, has become a substantial shareholder of First Engineering after buying 1.1 million shares on the open market at about 1.26 apiece on Thursday last week. Neon Liberty now controls a 5.4 per cent stake65 words
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54 2004-10-13 8 KENNETH LIM - Compiled by KENNETH LIM CANYON Gate Investments, a key shareholder of Interra Resources, saw its deemed stake pared to 12.94 per cent from 13.5 per cent after 5.4 million shares were sold at 13 cents apiece in a married deal on Monday. Interra closed54 words
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Article, Illustration365 2004-10-13 8 LIM SAY BOON - CHART POINT By LIM SAY BOON OCBC Investment Research AFTER treading water for much of the past week, the Straits Times Index "went under" yesterday big time. The index dived 21 points, confirmed the breaking of an uptrend line at around 1,980,Source: Bloomberg - 365 words
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Article, Illustration412 2004-10-13 8 OTHER SINGAPORE INDICES Oct 12 VALUE CLOSE BT OB/OS -289.00 -202.00 BTCADI -*****.00 -211.00 BT 10-day MA -*****.00 -29.00 All-SG Equities 514.61 -6.02 SG Equities Elect 156.94 -1.61 SG Equities Fin 1583.89 -16.62 SG Equities Prop 479.71 -0.48 SIMSCI 236.64 SiMSCI Futures 236.30 -3.40 MOST ACTIVE STOCKS VOLUME Sembcorp Log412 words
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SINGAPORE NEWS
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417 2004-10-13 9 CHEN HUIFEN - TNT reports tenfold jump in biomedical consignments to S'pore from Japan By CHEN HUIFEN SINGAPORE looks set to benefit from a biomedical outsourcing trend in Japan, following the Japanese government's relaxation of clinical studies rules in March this year. Already, global express and logistics services417 words
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Article, Illustration435 2004-10-13 9 VINCE CHONG - By VINCE CHONG FIVE properties, including Singapore's oldest building, Old Parliament House, have been named as this year's Architectural Heritage Award winners. This brings the number of winners to 58 since the awards were first given out 10 years ago by the435 words
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319 2004-10-13 9 VIKRAM KHANNA - By VIKRAM KHANNA IRELAND strongly supports the proposed partnership and cooperation agreement between Singapore and the EU, on which negotiations have just begun, Irish Prime Minister Bertie Ahem said yesterday, adding that it should be "a rich and comprehensive agreement". The agreement, on319 words
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138 2004-10-13 9 DLV at Dalvey Road, Heeton's most upmarket project to date, is the first upmarket project to be released after the Hungry Ghost Month. Heeton has transformed the former China Embassy site into 25 freehold apartments. Units are priced at $743-sl,ooo per square foot,138 words
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Page 9 Advertisements
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Advertisement184 2004-10-13 9 jh^H jK^rs lIShvO a i mm, JH AUDI TT 1A jH Get your dream sound system, and stand to win your dream car. From Ist October 2004 till 31st January 2005, every $100 spent with Atlas Hi-Fi brings you a chance to win 40 exciting prizes worth a total of184 words
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Advertisement102 2004-10-13 9 PAY 20% MOVE IN NOW!' Balance Pay 1 Year Later Prime o j fj"- <:: Hrajf f JST r.* i Terms and Conditions apply Eas y access t0 PIE ECP and the fut ure K a ll an g Exclusive car and lorry parking Dedicated loading unloading at your doorstep102 words
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GLOBAL ENTREPOLIS @ SINGAPORE
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528 2004-10-13 10 JEAN CHUA - Its Torch Center expects to help 20 more tech firms set up here next year By JEAN CHUA THE Chinese government's Torch Center has helped 20 mainland technology firms set up in Singapore this year, and it expects to work528 words
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367 2004-10-13 10 NANDE KHIN - By NANDE KHIN FAMILY-LINKED enterprises (FLEs) should balance equity share, form, and structure of ownership in foroign affiliates when they internationalise, the Global Entrepolis@>Singaporo (GES) heard yesterday. "Depending on the industry. it may not be ideal for these FLEs to maintain 100 per cent ownership367 words
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227 2004-10-13 10 DANIEL BUENAS - By DANIEL BUENAS SINGAPORE businesses will soon be able to access first-hand information on about 60,000 tenders and requests for quotations (RFQs) from Australia and New Zealand. Tender Link.com, which provides tender notification services throughout Australia and New Zealand, yesterday signed a memorandum of227 words
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Article, Illustration234 2004-10-13 10 DESPITE a larger-than-expected slowdown in Singapore's economy in the third quarter, full-year GDP growth of 8-9 per cent is still achieveable, Minister for Trade and Industry Lim Hng Kiang said yesterday. Mr Lim was speaking to reporters at the officialTAN SUAN ANN/ST - 234 words
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458 2004-10-13 10 CHEN HUIFEN - They should learn to tap unexplored market space By CHEN HUIFEN RATHER than fight for competitive advantage within the same market space, companies should look at making the competition irrelevant through creating new, uncontested market space if they want to achieve458 words
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221 2004-10-13 10 MULTIPLIERS, money, and markets are the three key ingredients for the growth of enterprises, said Heng Chee How, Minister of State for Trade and Industry yesterday. He was speaking at the Leap (Locally-based Enterprise Advancement Programme) award ceremony, where221 words
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434 2004-10-13 10 AMIT ROY CHOUDHURY - By AMIT ROY CHOUDHURY NETWORK India, which is a private sector led initiative to help Singapore companies that wish to do business in India, yesterday launched a real estate and finance subcommittee at the Global Entrepolis Singapore. Heng Chee How, Minister of434 words
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Advertisement266 2004-10-13 10 GES EVENTS DATE/ TIME EVENT VENUE 13 Oct Dialogue with Minister Singapore Conference 4.30pm Mentor Lee Kuan Yew Hall 13 Oct Captains of Industry Suntec Convention 9:ooam Conference Centre, Ballroom 2, Level 2 13 Oct Distinguished Technopre- Suntec Convention 9:ooam neurs Forum 2004 incorpo- Centre, Ballroom 1, rating Forum on266 words
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ECONOMY WATCH
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578 2004-10-13 11 RONNIE LIM - OIL CRISIS Smaller players being squeezed; volume of physical oil traded down By RONNIE LIM [SINGAPORE] Red flags are starting to go up as the oil price nudges US$55 a barrel. Oil and finance houses here are "putting controls in place" to combat the578 words
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550 2004-10-13 11 ANTHONY ROWLEY - By ANTHONY ROWLEY in Tokyo THE International Monetary Fund is stepping up surveillance of the impact of rising oil prices on member countries' economies in the light of the continuing surge in prices, which yesterday saw November crude reaching550 words
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Article, Illustration541 2004-10-13 11 AFP [LONDON] The Organization of Petroleum Exporting Countries says it is doing everything possible to help cool record high oil prices but its inability to meet markets' wishes reduces its credibility and influence, analysts said. Oil ministers of Gulf monarchies assured markets on SundayAFP; AP FILE PHOTO - 541 words
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514 2004-10-13 11 Reuters [NEW YORK] If US job growth continues to lag that of most other industrialised nations, the likelihood of more Federal Reserve interest rate hikes will wane, and with it, prospects for gains in the dollar. A weaker-than-expected September US jobsReuters - 514 words
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Advertisement40 2004-10-13 11 www.tradershotels.com ....„,w PS HOTELS I By Shwgn-la 1 Wmi |iff Ho+ +fc* 11 J ah«d of ihc, rc4t J Smart travellers know. Traders Hotels. Beijing Dubai Manila Shenyang Singapore Yangon Opening: Changzhou (2004) Kuala Lumpur (2005) Kunshan (2005) Suzhou (2005)40 words
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Advertisement144 2004-10-13 11 HR >• XntiliXX t3f Technology is reputable for its curriculum, citing their positive encounters with Curtin's graduates. Source: A questionnaire conducted by SHRI on HR Practitioner's views on educational qualifications. Master of Resource Mgt HRM (Recruitment Selection), Conflict Resolution Process, HRM Strategy Compensation Management Training Development Business Research Project Law144 words
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MALAYSIA
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526 2004-10-13 12 Move aimed at attracting Asian tourists to buy homes in Malaysia Bloomberg [KUALA LUMPUR] YTL Corp, Malaysia's biggest builder by market value, plans to build luxury seaside holiday homes worth at least US$2 billion in sales, betting on rising demand from AsianBloomberg - 526 words
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Article2269 2004-10-13 12 Vd FSBM 1.09 unch 2 M« nm FTEC Resources .0.51 -0.01 549 Furqan Bus. Org 0.36 0.01 3594 A AM Realty 1-38 -0.03 25 fading 1.47 -0.01 1169 Abric 0 50 unch 76 Gamuda 5.00 -0.05 875 ACP Industries 137 -0.05 87 GeneraJCorp 0.S2 unch 512,269 words
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409 2004-10-13 12 [KUALA LUMPUR] Francebased CLSA Ltd intends to apply for a foreign stockbroking licence in Malaysia as a move to boost its stockbrokerage and investment banking revenue, according to a report in The Star. "We hope to be considered for one of those409 words
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277 2004-10-13 12 Bloomberg [KUALA LUMPUR] Air Asia Bhd, Southeast Asia's largest discount carrier, has set the price of the shares it is selling to individuals in an initial public offering at RM1.40 (62 Singapore cents). Professional investors, who are being offered most of theBloomberg - 277 words
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Page 12 Advertisements
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Advertisement94 2004-10-13 12 Polycom VSX™7OOO your ultimate video conferencing experience! The user-friendly VSX™7OOO comes with a high performance video compressor that offers exceptionally clear and smooth motion video, and an integrated mid-range speaker plus a subwoofer that delivers the sound that is just as powerful as being in your conferences will never be94 words
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Advertisement10 2004-10-13 12 k y Premier Properties |HHIH i Exhibition Singapore^HHHHHH 15-17 Oct10 words
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INDONESIA
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272 2004-10-13 13 AFP [JAKARTA] Indonesian presidentelect Susilo Bambang Yudhoyono is to set up a formal inner circle of advisers that will provide round-the-clock assistance to help him govern, an aide said yesterday. "He needs a very coordinated and powerful institution, and this institution willAFP - 272 words
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485 2004-10-13 13 Poll finds a quarter of respondents fearful that subsidies will be cut Bloomberg [JAKARTA] One-quarter of respondents in an Indonesian survey are concerned about economic programmes to deal with any anticipated increase in fuel prices should the incoming government of presidentelect Susilo BambangBloomberg - 485 words
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Page 13 Advertisements
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Advertisement47 2004-10-13 13 RECTANGLE A L'ANCIENNE B I B 1;# a V PiageT Geneve PIAGET Boutique: #01-11 Ngee Ann City Tower B, 391 Orchard Road, Singapore *****4. Authorised Retailers: Cortina Watch Roy Eastern Watch Sincere Fine Watches The Hour Glass (Scotts Shopping Centre) For more information: +65 6732 6831 www.piaget.com47 words
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Advertisement1796 2004-10-13 13 flmtek 9. NOTICE IS HEREBY GIVEN that the Twenty-Fourth Annual General Meeting of AMTEK ENGINEERING LTD (Business Regn.: *****3886K) will be held at Jurong Country Club, Albizia 2, Level 2,9 Science Centre Road, Singapore *****8 on Thursday, 28 October 2004, at 10.00 a.m. for the following purposes ORDINARY BUSINESS 1.1,796 words
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GREATER CHINA
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Article, Illustration560 2004-10-13 14 JEAN CHUA - HONG KONG INSIGHT Hutchison Telecoms' IPO may be snubbed by investors but HK tycoon is still winning lucrative deals despite tough investment climate JEAN CHUA Reporter "HE pretty much owns Hong Kong. Like Stanley Ho owns Macau." This is how a market watcher in560 words
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Article247 2004-10-13 14 Bloomberg [HONG KONG] Hong Kong fetched HK$9.4 billion (552.03 billion) for a residential site, the secondhighest price ever paid for a parcel of land sold by the government, as developers seek to profit from the market's rebound from a sixyear slump. The Ho Man TinBloomberg - 247 words
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Article, Illustration487 2004-10-13 14 AP [PARIS] French companies were counting some 4 billion euros (SsB.3 billion) in spoils after President Jacques Chirac used an official visit to China to boost economic ties in a bid to prevent France from being left behind in the emerging AsianAP; AFP - 487 words
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234 2004-10-13 14 Reuters [BEIJING] The creator of a popular Chinese all-girls band is being sued for breach of copyright by a man who claims the founder poached his idea and is seeking a symbolic US$5 in compensation, a newspaper said here yesterday. Zhang Tiejun, describedReuters - 234 words
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Advertisement1027 2004-10-13 14 El-Nets Ltd (Incorporated in Singapore) Company's Registration No. *****5255E NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Ei-Nets Ltd will be held on 30 October 2004 at 361 Übi Road 3, Armorcoat International Building, 1" Floor, Singapore *****4 at 11.00 a.m. to transact1,027 words
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Advertisement770 2004-10-13 14 lIITDA ULTROTECHNOLOGIES LIMITED 0.,, Notice of Annual General Meeting ULTRO TECHNOLOGIES LIMITED (Incorporated in the Republic of Singapore) NOTICE IS HEREBY GIVEN THAT the 17TVI ANNUAL GENERAL MEETING of the Company will be held at 1 Changißuainees Park Avenue 1 #05-01 Uttro Building Singapore *****8 on 29 October 2004 (10.00770 words
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Advertisement26 2004-10-13 14 m Lianhe Zaobao I Chinese I I high-tech I I firms I I ttfr setting up I I e£3 LL 11 Ei||| iKR y ft I26 words
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INDIA
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471 2004-10-13 15 The bank plans to list its call center and insurance units in next two years Bloomberg [SINGAPORE] ICICI Bank Ltd, India's second-biggest commercial bank, plans initial public offerings for units, including its custom-er-contact and insurance businesses, in the next two years to fundBloomberg - 471 words
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Article, Illustration44 2004-10-13 15 Reuters [CALCUTTA]Indian actress Koneenica Banerjee posing with jewellery during a promotional campaign in a showroom in the east Indian city of Calcutta on Monday. Indian gold dealers are holding back on fresh purchases, awaiting a drop in high prices. —Reuters REUTERSReuters; REUTERS - 44 words
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269 2004-10-13 15 AFP [BANGALORE] India's sec-ond-largest software exporter, Infosys Technologies, said yesterday quarterly net profit jumped 49 per cent, well ahead of market expectations, thanks to a sustained outsourcing boom. Net profit at the Nasdaqlisted firm for the three months to September totalled 4.5 billion rupees (*****.5 million)AFP - 269 words
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437 2004-10-13 15 Move expected to help firm cut costs, improve flexibility [LONDON] Royal Sun Alliance (RSA) on Monday became the latest company to announce plans to cut costs by axing jobs in Britain and transferring work to India, reports The Guardian. The decision by437 words
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191 2004-10-13 15 Reuters [NEW DELHI] India's Tata and Reliance business groups and a US-based firm have been shortlisted to buy Tyco International Ltd's global telecommunications network, a source close to the bidders said yesterday. The Indian companies' interest in Tyco Global Network, formerly known asReuters - 191 words
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Advertisement1605 2004-10-13 15 TECH GROUP ASIA LTD (Incorporated in the Republic of Singapore) Company Registration No. *****8621R NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Ninth Annual General Meeting of the Company will be held at the Ficus Room, Jurong Country Club, 9 Science Centre Road, Singapore *****8 on Friday,1,605 words
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Advertisement1730 2004-10-13 15 TECH GROUP ASIA LTD (Incorporated in the Republic of Singapore) Company Registration No. *****8621R NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the shareholders of Tech Group Asia Ltd (the "Company"! will be held at the Ficus Room, Jurong Country Club, 9, Science1,730 words
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ASIA-PACIFIC
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481 2004-10-13 16 Investors worry about bankruptcy court hearing and Prachai's objection Reuters [BANGKOK] Creditors gave final approval yesterday to a plan to restructure the U552.95 billion of debt of Thailand's largest corporate defaulter, Thai Petrochemical Industry (TPI), a Justice Ministry official said. The voteReuters - 481 words
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Article393 2004-10-13 16 Reuters [TOKYO] Carrefour is planning to sell its Japanese retail operations to generate cash as its core European sales slump and competition increases, the Asian Wall Street Journal reported yesterday. Quoting people close to the French company, the paper said the world's sec-ond-largest retailer couldReuters - 393 words
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Article, Illustration349 2004-10-13 16 [SYDNEY] Two Australian companies, Westfield and Multiplex, have joined forces with the Reuben brothers, two prominent London-based investors, to make a £585 million (551.77 billion) joint offer for Chelsfield, the privatelyheld UK property group, says a report in the Financial Times.BLOOMBERG - 349 words
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Article344 2004-10-13 16 Reuters IMANILAI The Philippines has broken off talks with investors over the sale of its US$2 billion national power grid and will privatise it through a public bidding process instead. Energy Secretary Vincent Perez told reporters yesterday the government ended talks with four localReuters - 344 words
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NOTE BOOK
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124 2004-10-13 16 Bloomberg [SEOUL] Posco, the world's most profitable steelmaker, posted a record 1 trillion won (Ssl .46 billion) net income in the third quarter, as rising Chinese demand helped the South Korean company boost prices. Net income doubled in the three months endedBloomberg - 124 words
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124 2004-10-13 16 Bloomberg [BANGKOK] Siam City Bank Pel, Thailand's seventh-largest lender, said third-quarter profit almost doubled from a year earlier because of increased lending. The state-controlled lender's net income rose to 1.39 billion baht (5556.6 million), or 0.66 baht a share, from 717.5 million baht,Bloomberg - 124 words
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85 2004-10-13 16 Reuters [BEIJING] China's tax revenues are expected to rise at least 25 per cent this year to about 2.6 trillion yuan (***** billion), the China Securities Journal said yesterday, quoting the State Administration of Taxation. China's tax revenues rose an annual 20.3Reuters - 85 words
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138 2004-10-13 16 Bloomberg [BEIJING] Beijing Capital Land Ltd, the city's second-biggest listed developer by revenue, plans to form a US$9O million Sino-foreign venture with a significant shareholder of a subsidiary to invest in a Beijing residential project. Beijing Capital Land would contribute 55 per centBloomberg - 138 words
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Page 16 Advertisements
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Advertisement219 2004-10-13 16 Mw|yjj iJ u u u u u u T.r.rr.r.rT.r.r.r'TTTT.rrj-.v-F IOBIN MUSIC BOX (Distributed By STUDIO LINE Singapore) J"" CORPORATE GIFT IDEAS H Engraving Pad-Printing Q Onto your choice Music Box is possible!! Z n J"! Engrave your choice message on a self- j** adhesive beveled brass-colored plastic plate... J; s219 words
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Advertisement8 2004-10-13 16 vffip* Iwio, cowwl *9m>*sk a,~. M 218°cil!.r Sr^Sir^SljßßSi?8 words
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Advertisement102 2004-10-13 16 ''EAT ALL YOU CAN" CANTONESE A LA CARTE BUFFET Available daily for Lunch Dinner )L£ Perfect for savouring delectable ■*5 Cantonese dishes...Hai Xiang now offers an irresistible list of dishes to choose from. Hot favourites like Crispy Pork Chop, Braised Shark's Fin Soup with Crabmeat, Stir-fried hai xiang -Pacific Clams"102 words
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Advertisement48 2004-10-13 16 IMERITUS MANDARIN SINGAPORE T faL dMjjL_ ;>: MM MM -IhhF V a^H YOURCOSY HAVEN AWAITS Relax and unwind after a hectic day's work with a refreshing drink. Reservations: K *the *****286 Mezzanine 2nd floor MERmJS MANDARIN 333 Orchard Road, Singapore *****7. Tel: +65 6737 4411. Fax: +65 6732 2361.48 words
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WORLD
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Article, Illustration474 2004-10-13 17 Newspaper says as many as 12,000 jobs may go in loss-making region Bloomberg [NEW YORK] General Motors Corp said a report it will announce plans this week to cut as many as 12,000 jobs in Europe is "media speculation," as the world's largestBloomberg; AFP - 474 words
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360 2004-10-13 17 Bloomberg [AMSTERDAM] Royal Philips Electronics. Europe's third-largest chipmaker, said semiconductor sales will stagnate this quarter after the company reported its biggest profit since the final quarter of 2000. Philips, also Europe's leading consum-er-electronics maker, expects fourth-quar-ter chip sales to be "flat" fromBloomberg - 360 words
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Article196 2004-10-13 17 [LONDON] Goldman Sachs Capital Partners has teamed up with Kohlberg, Kravis Roberts, the US private equity firm, to bid for Royal Dutch/Shell's liquefied petroleum gas (LPG) business, which is valued at more than £1 billion (553.02 billion), reported the Financial Times on Monday. Shell has196 words
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Article, Illustration366 2004-10-13 17 NYT [WILMINGTON, Delaware] A president of Oracle Corp testified on Monday she expected People Soft's earnings to continue to drop, and while she suggested that Oracle might lower its hostile bid of US$2l a share, she acknowledged that a new price was notNYT; BLOOMBERG - 366 words
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WORLDWATCH
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Article96 2004-10-13 17 Reuters [TOKYO] Global sales of chip-making equipment fell 28.9 per cent in August from July to U552,483 billion, led by a 51 per cent decline in China and 31 per cent drop in North America, an industry group said on Tuesday. August sales were up 70Reuters - 96 words
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Article150 2004-10-13 17 AFP [TOKYO] US investment banks JP Morgan Chase and Morgan Stanley have offered to rescue Japan's financially strapped retailer Daiei Inc, a newspaper report said yesterday. The two banks intend to join another US investment firm, Ripplewood Holdings, which has already announced its intentionAFP - 150 words
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Article96 2004-10-13 17 Johnson Johnson profit up 14% Reuters [NEW YORK] Johnson Johnson yesterday said its third-quarter profit rose almost 14 per cent on higher sales of prescription drugs, but US sales of medical devices slipped on competition from a rival heart device. The company said it had a third-quarter profit of U552.35Reuters - 96 words
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Article81 2004-10-13 17 Reuters [TOKYO] The hard disk drive unit of Japanese electronics conglomerate Hitachi Ltd said yesterday it will cut its US work force by 10 per cent, or about 400 jobs, by the end of the year to boost profitability. Hitachi Global Storage Technologies (HGST),Reuters - 81 words
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Page 17 Advertisements
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Advertisement477 2004-10-13 17 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 [(Section 290(2)(b)] AND IN THE MATTER OF AIB MANAGEMENT (ASIA) LIMITED (IN Members' Voluntary Liquidation) Co. Reg. No. *****5518E NOTICE OF RESOLUTIONS At on Extraordinary General Meeting of the Company held at 12 Old Jewry, London EC2R BDP, United Kingdom on477 words
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Advertisement687 2004-10-13 17 IN THE MATTE* Of THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF OVERSEAS UNION LAND PTE LTD (In Mambwn' Voluntary Liquidation) Company Registration No. *****0633 D NOTICE OF RESOLUTIONS At on Extraordinary General Meeting of the Company held at Conference Room, 33rd Floor, 101 Thomson Road, United Square,687 words
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Advertisement895 2004-10-13 17 To advertise call toll-free 1800 289 8822 Email: notkesospb.com.sg TEAMSPHERE LIMITED (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Teamsphere Limited will be held at 100 Cecil Street, #15-02 The Globe, Singapore *****2 on 29 October 2004895 words
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AVIATION
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Article, Illustration811 2004-10-13 18 VEN SREENIVASAN - Australian regulators' approval of their now aborted alliance makes any second attempt at a tie-up highly likely to succeed VEN SREENIVASAN Senior Correspondent THE Australian Competition Tribunal's nod for a QantasAir New Zealand alliance came too late to save their proposed NZ$55O811 words
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Article, Illustration388 2004-10-13 18 Airlines discussing alliance plans that won't breach competition rules Bloomberg [WELLINGTON] The Australian Competition Tribunal has approved an alliance between Qantas Airways and Air New Zealand, a ruling that comes too late to save a proposed tie-up between Australia and New Zealand's biggest carriers.Bloomberg; AFP FILE PHOTO - 388 words
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Article1866 2004-10-13 18 CITY FLIGHT ETA FUGHT ETO Colombo SQ401 0730 EK349 0030 MtllMl BA7381 1840 LH9770 2300 1430 EK6173 1530 LH9771 1840 SQ229 2300 UL312 1430 H9 QF81 1840 If? SQ230_1|40 SQ402 2240 Afcm d b d ***** 1400 ***** 0200 Copenhagen SQ351 0530 SK972 2155 AiMMrdam SQ3231,866 words
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273 2004-10-13 18 Bloomberg [TAIPEI] China Airlines, Taiwan's largest air carrier, said its unaudited pretax profit of the first nine months beat its own December 2003 forecast because it flew more passengers and carried more cargo in the period. China Airlines said it may have hadBloomberg - 273 words
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268 2004-10-13 18 Bloomberg [BANGKOK] Thai Airways International, which gets 80 per cent of its sales from overseas flights, said it's planning to bid for contracts to run airports in Myanmar and Laos to expand its ground handling business. Thai Airways isBloomberg - 268 words
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321 2004-10-13 18 AFP [KUALA LUMPUR] Flag carrier Malaysia Airlines System (MAS) and budget carrier Air Asia have been given less than a month to work out a plan of cooperation after they agreed to lay aside their differences to end months of bitter rivalry, reports said yesterday.AFP - 321 words
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203 2004-10-13 18 Bloomberg [HONG KONG] Hong Kong will announce the allocation of additional flights to China among its airlines by the end of the month following an agreement to boost traffic between Hong Kong and China. "Airlines will be able to start someBloomberg - 203 words
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SHIPPING
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Article, Illustration811 2004-10-13 19 GEORGE JOSEPH - Strategy to expand from salvage ops pays off at home and abroad By GEORGE JOSEPH [SINGAPORE] PSA Corp's marine services unit Semco is making a name for Singapore in the world markets for long tows and positioning of offshore installations. The811 words
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373 2004-10-13 19 AFP [KUALA LUMPUR] Malaysia may consider joint patrols with Indonesia and Singapore in the Malacca Strait, its navy chief said yesterday as experts warned the busy waterway was vulnerable to a terrorist attack. The three nations launched coordinated patrols in July afterAFP - 373 words
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Article285 2004-10-13 19 S6X '000 0<t12 SS Vol CH Offshore 042 -0.02 6229 ChuanHup .0.67 -0.01 2406 Cosco Investment 1.06 -0.03 ***** CWT Distribution .0.55 unch 257 EzraHldgs 1-20 -0.01 1121 Freight Links 0 10 unch 200 Grand Banks Yacht 0*2 -0.02 20 Java Holdings 1.03 unch 2774 K1 Venture —.027285 words
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785 2004-10-13 19 DAVID HUGHES - STRAIT TALK By DAVID HUGHES SOMEWHERE in the subconscious of most ship masters and mates lurks the dread of somebody on board developing acute appendicitis while the vessel is far from shore. Should such an unfortunate event occur there would be nothing for it785 words
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Article, Illustration466 2004-10-13 19 DONALD URQUHART - By DONALD URQUHART [SINGAPORE] Aiming to create a world class container transhipment port about the current size of Singapore's, the Vietnamese government has given the green light for the US$3.6 billion Van Phong port project midway up the country's eastern seaboard.466 words
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Page 19 Advertisements
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Advertisement104 2004-10-13 19 One-Stop Shipping Services Ship Registrations Ship Classifications Radio Accounting Tuvalu, Mongolia, Panama, Quality, Safety, Security S©rviC6S Belize and many other flags Surveys and Consultants Accounting Authority RSO6 Advantages m Most com P etitive fees ,ow taxes m 24-hour efficient service, 365 days a year Worldwide network of surveyors aKw'' 141104 words
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EDITORIAL & OPINION
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Article488 2004-10-13 20 EDITORIAL IT is now well accepted that the outsourcing of services is an unstoppable trend which is at a relatively early stage and will grow rapidly, perhaps exponentially, in the years to come. Singapore entities both the government and companies based here need to focus on how488 words
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Article, Illustration900 2004-10-13 20 PAUL WEST - The outcome of the US presidential contest in November may hinge on unforeseen events By PAUL WEST LAT-WP October surprise. Those two words can give campaign strategists the shivers and keep presidential candidates awake at night. This year, President George W Bush and SenatorLAT-WP; AFP - 900 words
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Article, Illustration669 2004-10-13 20 FRANK CHING - THE BOTTOM LINE FRANK CHING FRENCH President Jacques Chirac's five-day state visit to China underlined the growing closeness of the two countries, which embarked on a strategic partnership seven years ago. A joint communique issued before the president's departure from Beijing said669 words
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Article149 2004-10-13 20 'We've gone into Iraq for oil and nothing else. Now we have to pay more for it the gas prices, plus the overhead to support the troops in Iraq.' Trien Pham, an American engineer, who voted for President Bush in 2000 'If you want to get a149 words
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Article, Illustration846 2004-10-13 21 ANDY MUKHERJEE - But if he wants to take control of the budget deficit, Indonesia's president-elect will have to face up to cutting fuel subsidies ANDY MUKHERJEE INDONESIA'S president-elect, Susilo Bambang Yudhoyono, faces a task that's as unpleasant as it is necessary. Sometime soon after his inauguration next week,REUTERS - 846 words
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Article, Illustration707 2004-10-13 21 JAY HANCOCK - By JAY HANCOCK LAT-WP CORPORATIONS, I know what you didn't do last summer. You didn't spend much of your enormous cash hoards on building factories or buying equipment. You didn't hire many employees. You didn't give good raises to the workers you had. AndLAT-WP - 707 words
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385 2004-10-13 21 Ang Hao Yao Singapore - LETTERS TO THE EDITOR Ang Hao Yao Singapore RECENTLY, there has been much interest in investors losing money in unit trusts (UT). I believe that the performances of UTs may be improved if the UT launching requirements are made more similar to that of385 words
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Article96 2004-10-13 21 Denis Distant - Denis Distant WHEN the autoteller machine was a novelty here, it took a few weeks of waiting before the ATM card, ID and PIN arrived in the mail. Today, open a bank account and you can walk out of the bank with the card, ID96 words
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Page 21 Advertisements
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Advertisement103 2004-10-13 21 HAVE YOUR SAY Fax your letters to 6319-8277 or email them to btlett«r©spH.com.sg or wr te to: The Business Times, SPH HQ, 1000 Toa Payoh North, Podium Level 3, Singapore *****4. We need your Wl name, address and telephone number for verification. Please use temperate language, and bear in mind103 words
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Advertisement501 2004-10-13 21 /O/ Goldtron Limited <co no. *****0234E) -J I Incorporated in The Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Forty First Annual General Meeting of GokJtron Limited ("the Company") will be held at 21 Serengoon North Ave 5 #06-02, Singapore *****4 on Thursday. 28501 words
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Page 21 Miscellaneous
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Miscellaneous153 2004-10-13 21 CRYPTIC CROSSWORD DOWN 2 a teamaward f 13 f^9 ht a Pay war? (5) RedtaJ*, *0* Aesop, 11 Spreading, 3 f ,owing 14 g^th p nsonchtobe /I iSkSnnrp in the 15 Anger management re- 26 Concurred, 28 Clean, 29 Tear Eminence in the quired in mountains (5) gas 30 Lea153 words
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Article8940 2004-10-13 22 STRAITS TIMES INDEX STOCKS Stock name Wt dose Change Stodi mm Wt Owl Chiae Allgreen 50c 0.31 1.080 *0.020 NOL 2.25 3.080 -0 020 BIL Intl US20C 0.47 0.990 *0005 OCBC 10.51 13.600 -0.300 CaprtaLand 1.25 1.820 +0.010 Parkway H 25c 0.67 1.410 -0.030 Chart SemiCond 26c 0.798,940 words
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Article5903 2004-10-13 23 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES I* local curt la si In IKS <ty yr tfy *yr dy *yr Oct It lod«» Change Cringe Ch.tr.ge P.»r-jt World lnd& Preliminary 803,0 00 J.I 0.0 16 00 27 tBtftPrefcniroiv 7*34 -01 60 -01 3.7 -0.1 40 famefteBminanr »0"S.S 42 0.4 205,903 words
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Page 24 Advertisements
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Advertisement2071 2004-10-13 24 I TO USA/CANADA I I EXPORT I I OTHER DESTINATIONS I |vgsa VOY PKG |ETA SH|LONG BEACH [DALLAS HOUSTON[MEMPHK |CHICAGO| NEW YORK TO AUSTRALIA (AUSTRALIA ASIA EXPRESS) PtO NEDUOYD HOUTMAN 26E42 OMIT 13/10 I 29/10 04/11 05/11 03/11 03/11 06/11 ytsSEL VQT ETA SIM PKG ERE I INE SYD MEI2,071 words
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Advertisement954 2004-10-13 24 IINTIRAStA RORO SERVICE vpsa/voY Mwrorn HBcwnw ikg kch 10 sw jkt STRAITS VENTURE /13 15 12 14/10 It/10 21/10 24/10 24/10 STRAITS VtMTURE/14 IS 3.2 21/10 31/10 04/11 07/11 01/11 I STRAITS VEWTURE /IS 15 3.2 12/11 14/11 11/11 21/11 23/11 WIST ASIA/BENGAL RORO SVS VtSSa/VOY RAMKKT) HBGHTtfI) TOK KEE954 words
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Advertisement1043 2004-10-13 25 MOL Combines o range or snipping mooes 10 ensure iwneiy, renooie services covenng mujor pons m North America, Europe, Japan, Aski, Africa Oteania. Aba accapt fair*-Ask Cotjms te WSAN KWANGYANG SHANGHAI YAMTUN XIAMBI QMGOAO KOAWAN JAKARTA SURAIAYA KAOHSIUIiC iAHCHOK IAH> CHAIAMG tWOMIUNH PAS* GUOAHG fOIANG PORT BBLAH6 For Schedules, BL1,043 words
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Advertisement1332 2004-10-13 25 vessd. ror sin hq hkg ichh iwc kyh fus vessel voy sin jkt sub hkg usn pus HYIKIOGE 084S 21/10 23/10 8/10 30/10 1/11 VII VI) KMT(SINGAPORE 4US 17/10 20/10 21/10 26/10 30/10 31/10 HTVLADIVOSTOK 14fS 2S/10 30/10 VII 4/11 1/11 10/11 10/11 KMTC SHANGHAI 412S 24/10 27/10 2»/10 2/111,332 words
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Advertisement969 2004-10-13 25 <8 a®HQS*, WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS rasa vot sin f.Kumc cotomo n sheva couxuo AUSTVHA »>lt>&t WWW lIOCT 13 PC 16 OCT HOCT 22Q0 itowfawiu rrwosi hop 2000 230 a 2*on won WPIM6AHPHI OM7W 25 OCT 27 OCT 30 OCT 02969 words
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Advertisement1416 2004-10-13 26 UUf WALLENIUS WILHELMSEN website: http://www.2wfllobal.(om VESSEL VOY [RAMP UK MAO HOW Ml* SAV »AL ORF NTC KW 101 TAMERLANE AF42O 3201 ms 6.4 M I 16/10 09/11 18/11 25/11 26/11 01/12 29/11 03/12 22/11 TAIKO AF42I 420Tms I 6.4 M I 01/11 24/11 03/12 10/12 11/12 15/12 13/12 17/12 07/121,416 words
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Advertisement1409 2004-10-13 26 _msß as cai _msa m su jkl CSf?3Ol 0043? !iZIO U/10 mm 1134 14/14 U/10 PAC lAMDA Ulia liZlfl 15/10 AIAHIAT* 1 ASIA 11/111 22/14 PAC Mj> L3I9M 16/10 17/10 HCimUM J27fl 20/14 23/10 CSF 2301 0044P 17/10 1«/10 I PAOAU 4137 j 23/10 26/I.TI paciawda U2911 iz/lfi u/io est1,409 words
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Advertisement163 2004-10-13 26 *B» VfiY EU TO PCSTIWATtOW UMTT 32/10 lt/10 20/10 KUTUNG/PKLIALAM FORTUNE 32/04 16/10 11/10 JAMM/KKANMRU PERTAMA 20/04 16/10 17/10 PAUMIANG/PAIUAN6 MAHARM 11/04 15/10 16/10 KUWAM/UKMMAWE PUUUJWEH 01/04 11/10 20/10 SAIANG/MAIAHAYATI HAH OAK 21/04 11/10 20/10 KNG*JUI/PADAW6 VQY QA ft? DtSTIWATTOW PARADISE 12/04 15/10 17/10 JAKARTA/OGAMNG FAJAR MAS 17/04 1»/10 20/10163 words
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Advertisement564 2004-10-13 26 BSA ik l| Bßsf e TT9BnVsWVS9 l V3fll^^Hr MYANMA BH FIVE STAR LINE (MyaiMor National Line) Loading for Yangon VtSSft VOY SIN Pitt PEN PGU PAGAN 336W 31/10 HPA-AN 326W SU> IN MALAYSIA: lOUSTEAD SHIPPING AGENCIES KUL 03-*****300 PKL 03-*****101 PEN: 04-*****02 ACCEPTING CONVENTIONAL CBO HKG SM HKG SIN PGU564 words
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Advertisement1134 2004-10-13 27 I\W"m /I /I S'pore Agents lAL SIMm AfMCT (S) Pte Ltd (CR NO: 1 **********Z) (if 180 CerJ Street, 1-03 Imkofc Bonk IwUra Singapore *****6 crnterasia JUines w 6323-6466/77 «T3M33 w.t.ru: SUPER EXPRESS SERVICE TO HOWQ KONQ A JAPAN rasa vot osk >o» suz to ro» ws m sgp rasa1,134 words
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Advertisement332 2004-10-13 27 I Tp T CARRIERS ixi MTMUm HWISS SIWKI WIIKLY FIXED DAY s*l ING SINGAPORE PO»T HA»t YAWGOW ivpsa VOY ait i m ton TAH6OHSTM M2H 00/10 WH> 07/10 THU 10/10 SUN GBHONO GH42ON 01/10 HI 11/10 WON 13/10 FRI TMIMHSTM -3U* H/lOfW U/iOMON w/iaai HMSSHsut urn 12/n mi istn So*332 words
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Advertisement812 2004-10-13 27 /T~] Qn? I IMPQ MAIN: TEL: 6221-1333 FAX: 6221-5272 /fty Lllltv OPERATOR CUSTOM® SQtYKfc TIL 6221-5596 FAX: *****190 /LJCm] SINGAPORE: TONG XX) SNIPPING PTE UD d NO: *****M0000C Ei-ol: Wtbute: www.^i«ms.c(m __|iWUUI BI9MII, iY'TIfIftMPWITH/M' rasa vot msw nj ww uu ha vtssa "voy" tnsw ~mu""aii~ vroa voy rnsw "iST uw812 words
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Advertisement211 2004-10-13 27 Lmcr brxakbulk torque S.I. Atio/USA vita ver»o SPECIALISE IN HEAVY LIFTS A PROJECT CARGO MVMXKmULOMr KV MDUSTRIAt (BfTURY 20/11 Odarhtliirak HOUSrow DwVntrWV (CUSTOM HYS7K nfH Othtn portt in USA, Mexico, Carribmar A South America on inducemm*. sinoapori mjgmui Hiop Wooa Shipping (S) Pt« Ltd Ivwl Aomdes Sda BU g*222 6Sn>?211 words
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Advertisement482 2004-10-13 27 225,1 "-MO 22 24/10 3031/101 ■MMN!ran£ ll iU ,92 10 26 28/10 02-03/11 I Hiflßm 227N 23-24/10 29 31/10 06-07/11 I 228N 26-27/10 02-04/11 09-10/11 gBBWUGEKSEA 229N 30-31/10 05-07/11 13-14/11 159I 59 22 2 3/10 30-01/11 09-10/11 1 ■■■■Krum&P 24-25/10 31-02/11 10-11/11 B|H|iP6EßaiFf gfc*MjlMjjALSAM___ 163 18-19/10 23-24/10 044)5/11 Hiil S482 words
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THE BUSINESS TIMES SHIPPING TIMES
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6850 2004-10-13 28 ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyaft Telephone SHI oesfn Name Naae number Number SW Desfn Nana Mane Nnabar Manbar 20/10 27/10 B'tang Mas CEC MORNING MS104N *****968 To ABIDJAN (ABJ) 2003 Cote D'lvoire 20/10 27/10 Gemartrans CEC MORNING MSL04N6,850 words
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Advertisement99 2004-10-13 28 One-Stop Shipping Services Ship Registrations Ship Classifications j Radio Accounting i Tuvalu, Mongolia, Panama, Quality, Safety, Security i ScrvlCGS Belize and many other flags Surveys and Consultants i Accounting Authority RSO6 B, Most competitive fees low taxes 24-hour efficient service, 365 days a year Worldwide network of surveyors s£& M99 words
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MOTORING
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Article, Illustration462 2004-10-13 29 SAMUEL EE - CEO tells SAMUEL EE 6% hike for European cars, motorbikes and commercial vehicles is due to weaker Sing dollar and inflated claims SAMUEL EE MARKET leader NTUC Income has raised the insurance premiums for European cars, motorcycles and commercial vehicles by 6 per cent becauseFILE PHOTO - 462 words
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Article, Illustration783 2004-10-13 29 SAMUEL EE - By SAMUEL EE GERMAN premium carmaker Audi is eyeing 15 to 20 per cent of Asean's luxury car market after it sets up production facilities in the region. Last year, luxury car sales in the three major Asean markets Thailand,CHRIS LOH - 783 words
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Page 29 Advertisements
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Advertisement472 2004-10-13 29 Call toll-free 1800 289 8822 i IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF 1. WAH-CHANG INTERNATIONAL CORPORATION PTE LTD Registration No. *****1029 M 2. WAH-CHANG OFFSHORE CO PTE LTD Registration No. *****5344H (In Members' Voluntary Winding Up) NOTICE IS HEREBY GIVEN that the472 words
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Advertisement1970 2004-10-13 29 Notices NOTICE OF THIRTEENTH ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Thirteenth Annual General Meeting of Aussino Group Limited will be held at 290 Orchard Road, #17-04 The Paragon, Singapore *****9 on Thursday, 28 October 2004 at 3:00 p.m. tor the following purposes: As Ordinary Business 1. To1,970 words
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EXECUTIVE MONEY
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Article1131 2004-10-13 30 POK SOY YOONG, CHAI SUI FUN - YOU AND THE TAXMAN Rather than expense options and erode profit, companies could rework the mix between base salary, annual and longer term incentives By POK SOY YOONG, CHAI SUI FUN LAST week, we discussed the impact of Financial Reporting Standard 102 (FRS 102) on share-based1,131 words
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Article, Illustration317 2004-10-13 30 Chua Boon Lee - By Chua Boon Lee Global smal capfcalsation companies hate continued to outperform in 2004> art tffce last rtoe-morth trend were to persist 2004 wl mark ihe tfth consecutive year fiat tNs asset das has outperform Us lager brethren. The amuafised return of te MSO World Smal317 words
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Article, Illustration1056 2004-10-13 31 WONG SUI JAU - MONEY MATTERS Rising oil prices today aren't likely to cause the navoc they wreaked in past oil crises WONG SUI JAU OIL rose past US$54 per barrel yesterday. As prices continue to rise, more voice doomsday scenarios. Are these fears overdone? Is oil really going to1,056 words
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Article, Illustration718 2004-10-13 31 GENEVIEVE CUA - GENEVIEVE CUA Personal Finance Editor IT is tempting to think that wealthy clients have it all. They have private banks jostling for a piece of their account. They have access to various products that are labelled for "restricted" sale. To top it all, they can invest718 words
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Article4333 2004-10-13 31 UNIT TRUSTS FUNDS MS Asset Mgt ShemonTwmQtf .455/1.513 AW im™ >M K'nani Japan G/UlMhl* 7 0.903/0.939 n tjj Mend*j Cap Pro Fd 0 9763/ ""ijw Shentun Thrml" 2292/2 384 Star Europe Bond 27* 1455/1 499 I* 0 *W Shen,on lncom »< USD l 0.866/0892 Star Asian Tiger Egy 0.89* shemonAsiaPacifkl**4,333 words
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Article, Illustration757 2004-10-13 32 GENEVIEVE CUA - 'Sophisticated' investors stand to lose some measure of regulatory protection with new rules for financial advisers. GENEVIEVE CUA reports GENEVIEVE CUA lEW advisory rules are set to apply to a segment of the ft wealthy or emerging A Iff wealthy, as defined under amendments to the757 words
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Advertisement291 2004-10-13 30 SUBSCRIBE NOW AND STAY COOL ALL YEAR ROUND. i'C. s m ilHv J3BBUBffl^ r mg Img W* i '<tk I, *9H A stylish mini-fridge is yours (while stocks last) if you subscribe to ■>—me: The Business Times. Plus, you'll enjoy 10% off when you sign up 'i^sxsjirJS^ for one year.291 words
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Advertisement15 2004-10-13 31 PIMCO Emerging Markets Bond Fund rated 5-star by Mercer Investment Consulting HMru >! fE > nt DreSdner15 words
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Advertisement199 2004-10-13 32 MONEY T MATTERS Are we in for a third oil shock? Here's why jSKS the world won't be hit as hard PG3I m 4R» The marque of prestige comes with its own rewards. 1 The Jaguar S-Type and the Jaguar X-Type two icons that more than deliver on prestige and199 words
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