The Business Times, 25 October 2004

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Total Pages: 36
1 36 The Business Times
  • 11 1 THE BUSINESS TIMES MfTA(P)Q23AB/2004 SNGAPdltetiL -Mnline at .contsg Monday October 2004
    11 words
  • 617 1  -  Raw materials for 10 of the world's blockbuster drugs are made here By CHEN HUIFEN [SINGAPORE] Raw materials for 10 of the world's blockbuster drugs that saw US$2O billion in worldwide sales last year are being produced right here in Singapore, thanks to
    617 words
  • 157 1 BT ONLINE To subscribe to The Business Times, call 6388 3838. You will also get free access to BT Online. MARKETS Ntoak dig* ST! 1967.07 +453 KLSE COMP .853.88 +2.59 NIKKEI 225 *****.13 -125.82 HANG SENG *****20. -44.23 SET INDEX .659.05 +10.57 JAKARTA COMP .....850.77 -6.82 MANILA COMP
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  • 45 1 TOP STORIES ...PG 2-3 MARKETS PG 4,7 COMPANIES... PG 5-6 VIEWS PG 8-9 SINGAPORE .....PG 12 DINING OUT .....PG 13 ECONOMY PG 14 M'SIA/INDON.. PG 15 CHINA/INDIA ...PG 16 WORLD PG 18 AVIATION PG 19 SHIPPING PG 20 STOCKS PG 30-31 BizlT PG 32-36
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  • 534 1  -  Decision will come after review of proposals for integrated projects By JOYCE KOH [SINGAPORE] The government may soon ask private sector players to come forward with proposals on how to develop the island's first casino project but they must be clear
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  • Page 1 Advertisements
    • 133 1 CORPORATE ANALYSIS Rising oil prices: who gains? who loses? PGS 8 II of Opera at Grand Hyatt Singapore with Indulge yourself with the finer things in life! Dom Perignon and Grand Hyatt Singapore present an evening of fine entertainment and exquisite gourmet dining with renowned Opera Singer Ms Youngok Shin,
      133 words
    • 27 1 U IB YOUNG INVESTORS' FORUM Some words of wisdom from I3H Singapoie's leading entrepreneurs L pgio nnvprnmwTt lytftirimbJ^H IJVVVIIIIIIi'tIIi J/UI U\.IJAIVt pKt Hie HHlHH|r<jKf JPHHUL. VICWS FIOttTHE
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    • 8 1 hiimi BiZIT German software finn SAP inAsiaftcific PG32
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  • TOP STORIES
    • 533 2  -  UBS economist cites twin deficits and savings gap By LARRY WEE [SINGAPORE] The US dollar could be headed for a severe fall of 20 to 30 per cent in the next 12 to 24 months as the American economy's chronic imbalances continue to
      ARTHUR LEE  -  533 words
    • 763 2 Petrochemical complexes in S'pore enjoying upturn SINGAPORE'S petrochemical complexes are enjoying an upturn this year, with strong regional demand, especially from China. And higher revenue has helped to offset the impact on margins of costlier naphtha and natural gas feedstock, following high oil prices. TOP STORIES, PG 3
      763 words
    • 738 3  -  These must be enduring and relevant to society, he adds By CHUANG PECK MING [SINGAPORE] Singapore's answer to good government in a globalised world rests on four principles leadership, anticipating change and staying relevant, reward for work and creating a stake for
      TAN SUAN ANN/ST  -  738 words
    • 326 3  -  By JOYCE KOH [SINGAPORE] NTUC FairPrice today competes on a level playing field as other supermarkets and has to pay a tax to the government, too. "The mission of NTUC has changed slightly," Trade and Industry Minister Lim Hng Kiang said
      LIANHE ZAOBAO  -  326 words
    • 411 3  -  Strong demand from China Japan fuels rise in profits By RONNIE LIM [SINGAPORE] Singapore's petrochemical complexes are enjoying an upturn this year, with strong regional demand, especially from China, which helped to offset the impact on margins of costlier naphtha and natural gas feedstock,
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  • Page 2 Advertisements
    • 522 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: BimonneToh Ti+6s 6636 3382 F: +66 6535 3991 E: singapore9ocra.com.sg 24
      522 words
    • 278 2 m UniSA MBA -is Singapore 27th Intake Executive Qrant Available! University of The only Australian MBA program in Singapore accredited by EQUIS, European South Australia Accreditation Agency CRICOS Provider Number ooi2iß 5 star University in multiple categories of the Good Universities Guide to MBA and Graduate Management Programs 2004 Flexible
      278 words


  • SINGAPORE MARKETS
    • 700 4  -  STOCKS R SIVANITHY Senior Correspondent THERE are currently four "Es" hanging over stock markets everywhere: the election in the US, energy prices, earnings and the economy. All four are inter-related of course prolonged high energy prices, for example, will eventually extract a toll
      REUTERS  -  700 words
    • 351 4 CURRENCIES AFP [HONG KONG] Asian currencies rallied over the past week as the dollar was pushed downwards by uncertainties over the US economy amid high oil prices and the tight race for the White House. Japanese yen: The yen rallied to fourmonth highs against
      AFP  -  351 words
    • 86 4 Investor events to watch out for Europtronic's dividend payment, Oct 27 Sin Soon Huat's dividend payment, Oct 28 Singamas' dividend payment, Oct 29 Sea View Hotel's dividend payment, Nov 5 S'pura Finance's dividend payment, Nov 5 PKTech, AGM, Oct 26 CFMHIdgs, AGM, Oct 26 Santak Hldgs, AGM, Oct
      86 words
    • 464 4 Nynml b tab r«j h|H* is Ml r*f feai im 0m Ml HM «tst am <*m Antek Ezvjg 20t I S» OSOm I04fc» JWto MMI Hldgt IQt f 054 QI-%. 0M<B> t»4tt» AK Manna tOc *0°lH»r MMOWgtlOc S OJPt CT-Ww ftUta. IM» f am l;** <***> ?Vw* No«*GtftJlntnOc
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    • 1578 4 Compiled by Thomson Financial l/B/E/S The stock recommendation is the average of all the recom- Number forecast mendations submitted by analysts following the stock. There recommendation of EPS pe Target is a total of 29 brokers submitting recommendations but not company This Week/Last Weefc Estimates Mies) fS) every
      1,578 words

  • COMPANY NEWS
    • 306 5 Cross-membership deal will allow brokers to trade on both bourses: report Reuters [TOKYO] The Tokyo Stock Exchange and the Singapore Exchange Ltd plan to allow member brokerages in their respective markets to deal in both bourses from the next fiscal year under a cross-membership deal,
      Reuters  -  306 words
    • 1123 5  -  CORPORATE ANALYSIS JOYCE KOH takes a closer look at the impact of steadily rising energy prices JOYCE KOH CORPORATE Singapore looks set to be divided into winners and losers of higher oil prices as the reporting season starts kicking in from
      BEN CRUZ  -  1,123 words
    • 468 5  -  By KENNETH LIM HONG Kong's possible move to further strengthen the independence of its stock analysts is getting a cautious response from members of Singapore's investment public, who cite concerns about over-regulation. "We have moved away from a regulated market to a disclosure-based
      468 words
    • 237 5 COMMENTING on an "emphasis of matter" by auditor Deloitte and Touche, Wee Poh Holdings said yesterday it is implementing measures to improve its operating performance and financial position. Deloitte had pointed out that Wee Poh's ability to operate as a going concern is
      237 words
    • 719 6  -  Turnover has grown to HK$556m from HK$30.5m in the space of a year By JOYCE KOH FROM his youthful face and earnest demeanour, you wouldn't have guessed that Frankie Fan is the boss behind a fast-growing multi-million-dollar company that has successfully ridden the technological
      719 words
    • 506 6  -  HOCK LOCK SIEW By DANIEL BUENAS CORPORATE social responsibility (CSR) is becoming more important to companies in the region, with stakeholders placing greater emphasis not only on how their needs are met, but on the needs of their community as well, according to a
      506 words
  • Page 5 Advertisements

  • Page 6 Advertisements
    • 808 6 The Circular contains, inter alia, the background leading to the temporary relief of Chew and Lee from duties and the Company's rebuttal of allegations contained I in a press release by Chew and Lee on 12 October 2004. I Chew and Lee aware of reasons for temporary relief from duties
      808 words
    • 4 6 Swiss Private Banking sincelB4l\
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  • SINGAPORE MARKETS
    • 1235 7  -  TEH HOOI LING Senior Corespondent IN a week where there weren't any major movements, our portfolios did fairly well with three out of five outpacing the Straits Times Index. r The STI ended the week up 4.5 points, a reversal from the previous week's
      1,235 words
    • 1238 7  -  INSIDE MARKETS Of note are purchases and management's buyback in Asiatravel.com, reports ROBERT HALILI ROBERT HALILI AFTER several weeks of heavy selling, sellers retreated to the sidelines while buyers came back in the third week of October based on announced filings from Oct 18 to 22.
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  • Page 7 Advertisements

  • VIEWS FROM THE TOP
    • 2129 8 THIS WEEK'S TOPIC To what extent should government participate in the business sector? FEW will argue that Singapore owes a large part of its success to the government which have over the years actively sought out foreign investments and incubated the growth of certain industries,
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • 770 10  -  By DANIEL BUENAS IN the past few weeks we've explored how to start on the road to entrepreneurship, the various sources of financing an entrepreneur can turn to and what venture capitalists look for in a business. However, being an entrepreneur is about experience and, some
      Graphics by Lee Hsueh Ling  -  770 words
    • 685 10  -  CAMPUS LIFE Four NUS business students raise awareness of juvenile delinquency,reports KELVIN SAM KELVIN SAM AN Wee, Cai Kiang Liang, Amy Ong f and Lee Kia Liang are third-year business students from the Nationp I al University of Singapore and they have created the world's
      ARTHUR LEE  -  685 words
    • 495 10  -  DANIEL BUENAS Reporter OVER the past few weeks, we've invited comments from students on the topic: "What changes would you like to see in Singapore over the next three years to help empower youths, and what can the government do to make young people
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  • Page 10 Advertisements
    • 17 10 or ftnAiiceyou would Hke answered? Know someone who started a business or has had interesting haSto™" 1
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    • 65 10 g g The Business Times-Citibank Young Investors' Forum is published every I Monday in The Business Times. It aims to raise the financial awareness of I 111 Ifl university and polytechnic students and cultivate a better understanding I I I I fgl I I |r\ of business issues. The series
      65 words

  • Page 11 Advertisements
    • 98 11 ANNOUNCEMENT It gives lis great pleasure to announce that UBS AG has once driven o cp SUNTEC CITY DEVELOPMENT PTE LTD its vote of confidence by j renewing its lease with us. A bis; 'Thank You' to the Management Staff of O UBS AG for their continued support. We look
      98 words

  • SINGAPORE NEWS
    • 601 12  -  Supply stagnation will lead to higher occupancy, room rates: consultant By DANIEL BUENAS SINGAPORE'S hotel industry outlook this year has been rosy so far, and next year will be even more so, with average occupancy and room rates for the toptier hotels
      601 words
    • 296 12  -  By NANDE KHIN IN a reversal of roles, retailers will once again get to be the buyers when this year's Retail Industry Trade Event (RITE) opens in Suntec Convention Centre on Wednesday. The three-day regional event hopes to
      296 words
    • 134 12 Reuters [YANGON] State-owned Myanmar Oil and Gas Enterprise (MOGE) and a China-Singa-pore consortium have signed a production sharing contract for exploration of oil and gas, official sources said on Saturday. The consortium comprises China National Offshore Oil Company (CNOOC) Myanmar Ltd of China, China
      Reuters  -  134 words
    • 247 12 DATE/ TIME EVENT VENUE 24 Oct 2004 Capam Biennial Con- Shangri-La Hotel, Island 6:15pm ference Ballroom 25 Oct Launch of the Logistics In- Grand Copthorne Wa10:00am stitute-Asia Pacific Phase II terfront Hotel and Inaugural Think Logistics: New Frontier' 27 Oct Senior Management Semi- Raffles City Convention 8:30am nar
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  • Page 12 Advertisements

  • DINING OUT
    • 796 13  -  It's the season to tuck into luscious hairy crabs from China, says WILLIAM WHEY "As the autumn winds surge, crabs get itchy feet to crawl chrysanthemum turns yellow and crab yolk becomes rich." WILLIAM WHEY THESE words supposedly came from a famous Chinese poet, although
      WILLIAM WHEY  -  796 words
  • Page 13 Advertisements

  • ECONOMY WATCH
    • 327 14 It points to Manila and says politically unstable countries are losing out AFP [MANILA] Foreign direct investment is on the rebound in South-east Asia six years after a financial crisis that devastated the region, but politically troubled countries are
      AFP  -  327 words
    • 821 14  -  COMMENTARY The key message to Asian companies is: start trying to sell to China's consumers VIKRAM KHANNA Associate Editor SOONER or later, the Chinese yuan will be revalued. And it's time to speculate what the post-revalua-tion scenario will look like, especially for the rest of Asia.
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    • 723 14 AFP [BRUSSELS] Eurozone economic indicators to be re- i leased this week will show that business and consumer confidence is falling and that inflation is rising again, economists said. British data is meanwhile expected to provide further evidence of a widespread slowdown in the
      AFP; PHOTOS: BLOOMBERG NEWS  -  723 words
  • Page 14 Advertisements
    • 764 14 MRBMH Cdl toll-free 1800 *****22 LOST SHARE CERTIFICATES The following share certificates have been reported lost, destroyed or mislaid:N»mt nf Company OrtMcate No. InUnNMMgf NftOfShaKS Neptune Orient Lines Ltd *****07 KeeYeowChim Ixl,ooo deceased -do. *****47 Ong Bee Ixl,ooo NOTICE IS HEREBY GIVEN that if within fourteen (14) days from the
      764 words
    • 291 14 TowfrerttoeoJl toU free 1800 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF HOYA PHOTONICS SINGAPORE PTE LTD (IN MEMBERS'VOLUNTARY UQUIDATION) (COMPANY REGISTRATION NO. *****1003K) NOTICE OF MEMBERS' VOLUNTARY UQUIDATION Notice is hereby given that at an Extraordinary General Meeting of Members of the abovenamed
      291 words
    • 312 14 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF DESIGN IN ACTION (SINGAPORE) PTE LTD (IN CREDITORS' VOLUNTARY LIQUIDATION) Statutory Declaration by Director of Company'* Inability To Continue Business By Reasons ot Its Liabilities L Nigel Gordon Smith of 50 Duchess Avenue #04-01 Duchess Crest
      312 words
    • 395 14 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF GM MARINE OILFIELD SUPPLY PTE. LTD. (In Member*' Voluntary Liquidation) Hmif at noumottt At an Extraordinary General Meeting of the mtnibtn of the obovenomed company duly convened ond held at 19 Bukit Batol Street 22 Singapore
      395 words

  • MALAYSIA/INDONESIA
    • 366 15 AFP [JAKARTA] Indonesia's new president, Susilo Bambang Yudhoyoiio, has told all top government officials they have to sign an anti-graft pact that includes sanctions for violations, a report said yesterday. Mr Yudhoyono, Indonesia's first president by popular mandate, made tackling widespread
      AFP; REUTERS  -  366 words
    • 669 15  -  MALAYSIA INSIGHT Unlocking the group's value will require sale of one-fifth interest in EON Capital EDDIE TOH KL Correspondent T| WO groups have fought tooth and nail over a controlling 15.8 per cent stake in DRB-Hicom a debt-laden group controlled by the
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    • 440 15 AP [KUALA LUMPUR] When Mahathir Mohamad retired as Malaysia's prime minister last year, his successor was asked if he could fill the shoes of the Goliath who had towered over Southeast Asian politics for 22 years. Prime Minister Abdullah
      AP  -  440 words
    • 152 15 Reuters [JAKARTA] Three small Indonesian banks have secured their respective shareholders' nod to merge in a bid to become a bank with a national presence. PT Bank CIC International, PT Bank Pikko and PT Bank Danpac will merge to become PT Bank
      Reuters  -  152 words
    • 1354 15 Compiled by Thomson Financial l/B/E/S Number FORECAST Madun The stock recommendation is the average of all the recom- Mn mendations submitted by analysts following the stock. There RECOMMBIOATION of .ffS. PC Taggt is a total of 29 brokers submitting recommendations but not COMPANY This Week/Last Week —ff)
      1,354 words

  • GREATER CHINA/INDIA
    • 649 16 Curbs could be followed by limits on trousers and shirts LAT-WP [WASHINGTON] US imports of socks from China will be strictly limited next year, the Bush administration said on Friday a decision that could herald similar action against other Chinese-made
      LAT-WP; AP  -  649 words
    • 610 16 The fast growth in jobs and income is a mixed blessing Reuters [BANGALORE] When narrow colonial-era streets get jammed with evening traffic in India's technology capital, the radio disc jockey on car stereos turns agony aunt. "I want you to vent all your frustrations
      Reuters; REUTERS  -  610 words
    • 315 16 Lifting of barriers by year-end seen drawing global giants Reuters [SHANGHAI] China's move to open its US$24O billion retail market by the end of this year is likely to ignite a new round of cut-throat competition that may crimp profits in the short
      Reuters  -  315 words
    • 332 16 AFP [KARACHI] The deregulation of Pakistan's telecoms industry is fast gaining momentum, with dozens more communications providers and millions of customers entering both the fixed line and mobile markets. Before the government announced the opening of its fixed line telephone sector to private
      AFP  -  332 words
    • 184 16 Xinhua (DHAKA] Bangladesh is considering setting up of a special economic zone (SEZ) for Malaysian investors in the country, news reports said yesterday. The New Nation Sunday quoted an official of Bangladesh Export Processing Zones Authority (Bepza) as saying the government was examining
      Xinhua  -  184 words

  • ASIA-PACIFIC
    • 622 17  -  It may focus on supply and demand imbalances, need for environment-friendly policies By ANTHONY ROWLEY in Tokyo THE growing threat of an energy crisis going beyond just oil prices is expected to be underscored this week when the International Energy Agency presents
      622 words
    • 615 17 AFP [TOKYO] An unprecedented merger battle to create the world's largest bank by assets is a test case for how far Japan has come in transparency and competition and how much influence individual shareholders will wield, analysts said. With months to
      AFP; REUTERS  -  615 words
    • 340 17 Reuters [BANGKOK] Thailand's gross domestic product is expected to grow at least 6 per cent during the fourth quarter and the entire year from the same periods last year, according to the national planning agency. "I can confirm that economic growth
      Reuters  -  340 words
    • 259 17 NYT [TOKYO] Japan agreed on Saturday to resume imports of some US beef after a 10-month ban that shut cattle ranchers in the US out of their most lucrative foreign market. JB Penn, US Undersecretary of Agriculture, said he expected beef trade to resume in
      NYT  -  259 words
  • Page 17 Advertisements
    • 96 17 iitu 4. j' 1 i. ,i ih«M|ttj|| Diners Club Credit Card To apply, call: 6416 0980 Where to wine, dine and entertain... privflcBeg Tn u> @nss& GREAT WINES direct I )u^| I I /V-.-pCiy #02-02 Tanglin Shopping Centre Mtxf te Orchard Porode Hvtsl Tel: *****213 *****699 *****170 'jagiMHHMI G Ca«
      96 words
    • 36 17 Raffles Country Club Le French Restaurant Open to public 450 Jalan Ahmad Ibrahim Tel: 6862 1838/9 *9IM 3-Course French Cuisine $12.80 by award winning ex-5 Star Hotel Chef Raffles To Frj I Sat: Dinner only Brewry
      36 words
    • 25 17 I 1 I I fV, r L* J, I .1 A .-,4-. |M Tnnnhn ili«H IPIWw 4HJUVW fMviyfvv mfln« RuarvoHont recommended. Id: MSI 4373. \j£
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    • 5 17 p^p|p|PMHN^H —nr/ jS' -*0?" a
      5 words
    • 152 17 Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Get Into the spirit of Oktoberfest I Enjoy the beet of German food with our German Set Lunch Special. I
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  • Page 17 Miscellaneous
    • 133 17 CRYPTIC CROSSWORD 1 Such a scare be so head- 3 up in regret, 8 Item of stationery found 5 Ways to one bearing 16 Pledged to add deceit to list 14 Middle-of-the-roaders have Form tries 25 D?scuss C YESTERDAY'S SOLUTION —LJ— tions(11) Across: 6 Bad manners BiSlad 9 30 Ea
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  • WORLD
    • 859 18  -  WALL STREET INSIGHT Corporate earnings not strong enough to pull market out of oil and pre-election blues, ANDREW MARKS reports ANDREW MARKS [NEW YORK] EARNINGS finally grabbed Wall Street's attention last week. Unfortunately, while the huge wave of third-quar-ter profit reports and guidance
      859 words
    • 596 18 Reuters [BRUSSELS] Europe's financial markets face the biggest challenge since the launch of the euro as companies prepare to ditch various national bookkeeping rules to embrace common but radically new accounting standards. In what experts deem a true accounting revolution, thousands of
      Reuters  -  596 words
    • 435 18 US$7.5b generated by hedgefunds in fees alone this year Reuters [LONDON] US and European banks are engaged in intense competition for lucrative business in the booming hedge fund industry which is pressuring/ margins and may be weakening credit controls, senior prime brokers
      Reuters  -  435 words
    • 223 18 Reuters [PARIS! Improving stock markets and strong commodity price increases saw almost all hedge fund strategies post a positive return in September, research from French business school Edhec showed on Friday. The survey of alternative investment strategies for global hedge funds found only
      Reuters  -  223 words
    • 658 18 AFP [PARIS] Biotechnology has made its stamp on the global health sector, accounting for more than half of all new licensed drugs, but prices far higher than for conventional medicines are a hurdle to reaching a wider market. On Wednesday
      AFP; REUTERS  -  658 words
  • Page 18 Advertisements

  • AVIATION
    • 764 19  -  Move to tap global supply chain market drives surge in growth By VEN SREENIVASAN A DECISION to change its global business strategy by moving away from the small package courier shipments to tap the US$3 trillion global supply chain market is paying
      BLOOMBERG  -  764 words
    • 341 19 LAT-WP [CHICAGO] Former Boeing Co CFO Michael Sears is expected to plead guilty next month to illegally offering a job to a former top Air Force procurement official who favoured the aerospace giant on several mul-ti-billion dollar contracts. But according to a
      LAT-WP  -  341 words
    • 191 19 Xinhua [BEIJING] Boeing released its Current Market Outlook for China here last Thursday, projecting that by 2023 tiie country's air carriers will require nearly 2,300 new airplanes, making China the largest commercial aviation market outside the United States over the next 20 years. The airplanes
      Xinhua  -  191 words
    • LOG BOOK
      • 84 19 Bloomberg [MANILA] Air France-KLM Group wants the Philippines to grant the company's Dutch unit two additional flights between Manila and Europe. "The Philippines is an important market for us," Paul Gregorowitsch, executive vice-president at the group's Dutch unit, told reporters in Manila. "We believe the
        Bloomberg  -  84 words
      • 128 19 Reuters [PORT LOUIS] Air Mauritius and Air Madagascar signed an agreement on Friday aimed at boosting passenger traffic by increasing flights between the two Indian Ocean islands and opening new routes into Africa. "Firstly, we are going to operate more flights and new routes,
        Reuters  -  128 words
    • 216 19 Pilots, mechanics, ground staff among those affected AFP [FORT WORTH, Texas] World number one American Airlines has announced plans to lay off as many as 1.100 pilots, mechanics and ground workers in coming months, with more cuts in the future as it
      AFP; BLOOMBERG  -  216 words
    • 239 19 Reuters [LONDON] British engine maker RollsRoyce pic said on Friday it expected a deal on the second tranche of Eurofighter fighter jets to be agreed upon around the end of the year. The long-awaited second tranche of orders for the aircraft is worth an
      Reuters  -  239 words
    • 1806 19 OTT WW m MW BP EK6174 1430 UL312 1530 UL312 1430 SQ402 2240 !MO uloS ICQ SQ461 1400 SQ462 0200 W51 0530 SIC972 2155 N8068V IMP Bwh A07W2 2215 0615 &A974 0130 MW SQ407 0710 KB58 1145 1450 KL838 2255 A1480 0740 AM81 1355 SQ324 2345
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  • SHIPPING
    • 617 20  -  Move comes at a time of significant strength in tanker market By DONALD URQUHART [SINGAPORE] Newly formed Arlington Tankers, jointly owned by Sweden's Stena and its affiliate Concordia Maritime, is the latest move by the shipping world to list on
      FILE PHOTO  -  617 words
    • 302 20 Bloomberg [OSLO] The cost of shipping jet fuel and other so-called clean petroleum products from the Middle-East to Asia rose to the highest in more than three years as oil companies in China and Japan increased purchases of kerosene and gasoline to build
      Bloomberg  -  302 words
    • 181 20 Bloomberg [SEOUL] Hyundai Mipo Dockyard Co, an affiliate of the world's biggest shipbuilder Hyundai Heavy Industries Co, said it received orders to build nine chemical tankers for three companies. The dockyard, based in Ulsan, said the contracts are valued at 389.9 billion won
      Bloomberg  -  181 words
    • 288 20 sgx 'ooo Oct 2? St W- Vol CH Offshore .0.41 0.01 1173 ChuanHup .0.68 0.01 1430 Cosco Investment 1.06 0.04 ***** CWT Distribution ..0.56 0.01 183 EzraHldgs 120 -0.02 448 Freight Links 0.10 unch 324 Grand Banks Yacht 0M -0.01 40 Jaya Holdings 1.03 unch 411 K1 Venture!™.
      288 words
  • Page 20 Advertisements
    • 1 20 i»i^
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    • 92 20 jgmujh 1 Pfe f Stacker I iMm I I n Eost Asia Since 1979" H®! Sales, Service, Rentals, Crown Genuine Parts —BE —Jjjl Battery Electric, Petrol, Diesel, LPG M i| Same Day Service Back-Up Deal Direct With The Manufacturer New Re-Conditioned Units Available It ilfaklMmHttCmfflf" La JBkJ rT Crown Equipment
      92 words

  • Total Logistics
    • 876 21 Studying and learning from trends and advances worldwide is helping local companies weather change and keep a competitive edge. THE logistics industry is a critical sector in any economy. As proof, just look at Singapore's figures. According to International Enterprise (IE) Singapore, the transport and logistics
      FILE PHOTO  -  876 words
    • 19 21 network of knowledge and proven expertise in global logistics, information technology industrial engineering and suppty chain management
      19 words
    • 409 24 Double-event Logistics 20/20 to focus on integrated supply chains in challenging markets PROVIDING innovative and dynamic supply chain solutions, even in challenging and emerging markets, is a forte of Exel, a global leader in supply chain management. For the third consecutive year, Exel is presenting
      PHOTO: EXEL  -  409 words
    • 224 24 TECHNOLOGY is a powerful driver in supply chain management, as seen in Exel's vehicle tracking management system rolled out in China in June. Using a combination of location-based services, global positioning navigation and wireless technology, the system tracks the entire freight journey from a centralised
      PHOTO: EXEL  -  224 words
    • 518 24 Exhibition and show logistics is picking up in Singapore. One company even moves the weird and the wonderful. Surendren Apparoo reports MOVE regular-sized cargo? No sweat But it takes real skill and experience to move the unusual, the extraordinary and the uncommon. One
      PHOTO: REDLINE  -  518 words
    • 64 24 fltobit Where Asa is fiil bcconinj. fee "bswu* <M«.th^Tse»^^^^Sneeied to meet worid-ctass performance stancUrd* V:; 'i \v V )■*:<. J3&3 rtiiin maniy mull andtrtfttporttrf 1 itlhn autMnNifc health 1 4Hf<w^ j«s«tjefor logistics education and rwearch, at sJonalsand helped more than 100 governmental agencies
      Source:  -  64 words
    • 228 24 sflM* WRjgj^y differentiate rtwmsd** iiMiiMililiiW' OTtjTiporwii cfiwfH>n 111 to Duymg «a»<ms or misiservice infc^oost«|P® Ww®* w cost control snd improved operating margin on the one hand, >nd customer service oral revenue growth on the other. > 1 TF® 0* a wswwbt or miwon~cffuC3i joos mt M
      228 words
  • Page 21 Advertisements
    • 432 21 PROGRAMME HIGHLIGHTS: 2* LOGISTICS 20/20 A f. mi ,|L, fia, ,I M |_a llnrlriii m imegraiea supply unains m uvuiivonying mavxois C.K. Lee, CEO, Exel Asia Pacific f~ *J| Dr. Chelsea (Chip) C. White 111, Executive Director H TU at Georgia Institute of Technology Lester Lee, Senior Manager, Asia Logistics
      432 words

  • Page 22 Advertisements
    • 164 22 WHEN OUR CUSTOMERS WANT TO IMPROVE THEIR SUPPLY CHAIN EFFICIENCY I 1 |^H SAY... Business Excellence Leadership through I.T. enablement BAX Global has earned a strong reputation throughout the Asia Pacific market thanks to a record of delivering superior service quality and supply chain solutions to global customers A leadership
      164 words

  • Page 23 Advertisements
    • 26 23 BBIc www.exel.com i PAVING THE WAY TO logistics excellence with knowledge Supporting Agents: A Collaboration between aaZ edq in *?MM? I^sssr C^^^ rtlMMpoff SJ_NG_APORI Singapore ofS.ngapore
      26 words


  • Page 25 Advertisements
    • 1221 25 CHANGE OF COMPANY'S NAME NYK GROUP SOUTH ASIA PTE LTD (NGSA) This is to inform you that effective 01 November 2004, NYK Line (Asia) Pte Ltd, will be renamed NYK Group South Asia Pte Ltd (abbreviated as NGSA). NGSA, in addition to the Regional Headquarters (RHQ) and Agency functions of
      1,221 words
    • 790 25 Mm i— H» m u» w MB«H7K u »/10 31/10 M/ll 07/11 0»/11 siwnsytMTU«£/i$ 11/11 14/11 11/11 11/11 n/11 STUmVCTTUK/H I IS I U I M/ll B/H 02/1? OS/It 07/lt -~1 VRSa/VOY MMTOn) HBGHTWU TW d KHH ML I SW ITO HCM C6f HAI I tUIE EXPRESS /47 *0 4.J
      790 words

  • Page 26 Advertisements
    • 834 26 r ®*9* For Schedules, BL Seorches, ond Container Tracking, visit on our Home Page: www.hamburgsud.com H -ku mwi fnfrrnm iiitw nnhi ffiii inr tiii ,s>ft st,vtq < [XPOff n w (tsl *222-2013 DowfySyw 136W fafflfUdlHW Bfn« mffi gßi «jg Hf 1 Ci»CoMUOO7W OVfi 15/11 E<« Gcowih WW 27/10 11/11 IVII
      834 words
    • 1183 26 rasa wt sin jw tSmHHTitt wh wis vbsb. voy sin jkt sui hkg usw pus HYVLADIVOSTOK IM 21/10 30/10 4/11 4/11 l/ll 10/11 111/11 KMTC POUT KELANG 410 S 31/10 3/11 4/11 f/11 13/11 14/11 HVHOGKSS PUS 4/11 l/ll 11/11 13/11 IS/11 17/11 17/11 KMTCSIWGATOKE 415S 4/1) 7/11 10/11 14/11
      1,183 words
    • 874 26 SO3S& WEEKLY EXPRESS &AIUHG SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTB visa vot sm 1 fjmmc cqummq h sheva coiomro toitrawm ywmsi iioct 200 a" hoa 2aoct won IWDHA GANDHI OM7W 25 OCT |27 OCT 30 Off gjg 05 NOV II I I I I I ~1
      874 words

  • Page 27 Advertisements
    • 1140 27 UBj|f WALLENIUS WILHELMSEN WWWW website: http://www.2wglobal coin_ vbsii 1 uc map how m sav Mi o» —nyc —new— moo TAMO tf42l |4Mlns MM I 31/10 24/11 03/12 10/12 11/12 15/12 11/12 17/12 07/12 taikmam tf422 3201ns 6.3 M I 14/11 20/12 27/12 21/12 02/01 31/12 04/01 24/12 IARONCA 1AF423 14.25
      1,140 words
    • 1268 27 vcsa m m ea— _ma ml. —5^ ami laa urn wi« mmi _iuz gzu—24/11— csrnoi 004/y I4ZIS 2S/19 tlf UTI7 .-ill? ScSMM iSw 14/10 B/10 JKMOM BU g/U JUI4PMMMPA M tt/19 MCMU -Jig »H«— W/» giaoi oas 24/10 27/IQ fxiAMD* n?7w 27/10 »//io UJUiIIM amy gjg g/ gn M/j; jcsa
      1,268 words
    • 171 27 VKSa m Hi i PiSTWATKW mn n/ll 25/10 27/11 KUINS/mJUM muatai m/m 21/n 2t/i» um/numm f/UUMS 12/ M 25/11 27/11 MIBMK/MNttlK KMASMUNU 12/ M 20/10 20/10 KUWAN/UKKMNI WUUWW M/M 21/11 JO/11 SIMNC/MUIMTATI MHHI 21/ M 25/11 27/1> W6KUUI/r«C*M6 nssa fir 0* 08 MsniATm TtAKSEXntISS M/M 2S/1I 27/11 jMMTft/06MMG HUM MS
      171 words
    • 575 27 1 BSA it MYANMA nH FIVE STAR UNE (Mvmnmt Notiood Um) Le«*|for Yoefeo VBSB VOY SM NI PEN KU PAGAN 336W 03/11 HPA-AN 326W SU IN MALAYSIA: IOUSTIAD SHIPPING AGfNCKS MIL- 03-*****300 PIL 03-3176*101 PIN: 04-*****02 ACCEPTIM COiVEiTIOWAL C«0 HUG SM WG SM PGB W OK OCEANIA QUSN 125 SU)
      575 words

  • Page 28 Advertisements
    • 1129 28 IEI Jnterasia £ines -1 MOl OASIS "sisT 03.10 04 10 OS 10 UlOO7 10 11/10 IS 10 17/11 wiEw Mil *10 3110 M" *]j■ll W 10/11 11/ll MOtniMinY son 07/10 oa/io w/10 10/ ie 11/10 15/10 mo 11/10 n/n is/11 is/11 i*/ii 17/1111/11 WAN HAJ 307 5023 21/10 22/10 23/10
      1,129 words
    • 955 28 I /LJ€m SMOAfOtf:TON6JOOSWPfWCPTItTD qSoflwSSbo? I-WT<M"—•*! WiM*mwrnfUmum ■vtssa Ivor mawI km ivtssa I voy irasw law Ivcsa Ivor iroanlKi Iwi Iwt l»9w|wcn |1 iMWHSS I4OSI 134/10 M/ 10 IWSWn I4OOIIM/10 I 31/10 IwMl 401S M/ 10 01/11 IrMtWHSW |mi |W/10|05/11 IB jwwwc |400sl»4/H It/11 Iwswg 1 ***** 1»/11 >1/11 |—WMt |4053
      955 words
    • 476 28 HMMBIKaKAII 227N 23-24/10 ■PPfPI TIGER SKY 221N 26-27/10 02-04/11 0910/11 ■aUSHiSilll TIGER SEA ***** 30-31/10 05-07/11 13-14/11 KSrrrn TIGER WAVE 2SON 02-03/11 09.11/11 16-17/111 ■■■H IKB PEARL 231N 06-07/11 12-14/11 20-21/11 I ?3?N 09-10/1) 16-11/11 23-24/11 ■MMMHTIGER SPIRIT 09 3 2 5 26/10 02-04/11 12-13/11 I ■UUUfIPHUTAN 305 28 29/10
      476 words

  • THE BUSINESS TIMES SHIPPING TIMES
    • 5916 29 n— ETA ETA Advartfar VmmI *»>»»« Mffcwt SIN Datfn Name Kame Numb* mmbm BBHHHMMHMHHHHHHHHHHHHMMHHHHMHHMMMHMHMNMMMMHi To ABIDJAN (ABJ) 2003 Cote 01/11 07/12 China Shpg PERSEUS 2026W *****898 02/11 11/12 COSCO SAN PDERO BRIDGE 0043W *****900 04/11 16/12 China Shpg PERTH BRIDGE 066A *****898 05/11 29/11
      5,916 words
  • Page 29 Advertisements
    • 68 29 TUVALU SHIP REGISTRY %jgp» (yjALITY SERVICE L" -quality flag Round the clock service Staffed by qualified professionals with many years of experience in ship registration Wide network of surveyors classification societies No restriction on nationality of ownership Accedes to latest international conventions regulations Low taxes Tuvalu Ship Registry Pte Ltd
      68 words

  • 9771 30 STRAITS TIMES INDEX STOCKS Stock ww W» Oom Chany Stock mm Wt Oo— OW Ajlgroon 50c 0.30 1.0*0 NOL 2.17 2.970 *0070 BIL Intl US20c 0.47 0.985 -0.005 OCBC 10.52 13.600 -0.100 CapitaLand 1.28 1.860 40.020 Parkway H 25c 0.70 1*60 -0.010 Chart SemiCond 26c 0.86 1.100 +0.020
    9,771 words

  • 3094 31 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES tolxtfOT k« taUtt Xdy %r r Oct 22 taOa Quag* Owny Pang* ct+nf Ch*ng» M y -03 -ai oj8 _u »BW€PMMnw 729.6 0.1 4JD -0.1 2.8 07 46 Europe ftrfHway 1061.7 HO 17 -0.1 IS 0.1 47 Pacific <LL 5-1 Oil 2.8 03
    3,094 words
  • 926 31 COMMODITIES: WEEKLY ROUNDUP AFP [LONDON] Oil prices zoomed up to new record highs last week on worries about low stocks of heating fuels ahead of the northern winter. Gold and other precious metals also gained, helped by a weakening of the dollar. Gold:
    AFP  -  926 words

  • BizIT
    • 696 32  -  BT exclusive China, India, Australia and S'pore among mayor growth markets for the German software giant, its Asia-Pac chief tells AMIT ROY CHOUDHURY AMIT ROY CHOUDHURY GERMAN software major SAP's Asia-Pacific arm, which does not include Japan, has recorded 501 new customer wins in the
      696 words
    • 667 32  -  BT exclusive Form ventures in China before tax exemption ends: Philips senior exec From RAJU CHELLAM in Shanghai CHINA is planning to close an attractive tax opportunity that is available for foreign enterprises investing in China-based companies early next year, and Singapore
      667 words
    • 312 32  -  By ROLAND LIM THE Asia-Pacific arm of palm One, maker of the popular Treo family of PDAphones. has rejected a claim by research firm Meta Group that palm One's Treo 600 smartphone has an "alarmingly high" firstyear failure rate. Meta said in a recent advisory that the
      312 words
    • 505 34  -  Canon aims to differentiate itself as a solutions provider By ROLAND LIM CANON has strengthened its ability to provide complete solutions for office systems following a new partnership with StreamServe, a business communications software specialist. The initiative was announced at a two-day event last
      505 words
    • 365 34 AP [CONCORD, New Hampshire] A federal judge has ordered a man known as the 'Spam King' to disable so-called spyware programs that infiltrate people's computers, track their Internet use and flood them with pop-up advertising. US District Judge Joseph DiClerico issued a temporary
      AP  -  365 words
    • <what's new>
      • 69 34 SONY Ericsson's new tri-band S7ooi sports a 1.3 megapixel camera, 8x digital zoom and a "photo light" to help you take pictures in the dark. The 137g phone features Bluetooth connectivity, FM radio, and plays MP3s. It also accepts Memory Stick Duo cards to allow expansion beyond
        69 words
      • 81 34 THREE webcams have been launched by Creative Technology. The Web Cam Live! Pro is USB 2.0 compatible and is capable of broadcasting at a resolution 0f640 x 480 pixels at 30 frames per second. The Web Cam Live! comes with a separate microphone to enable audio and
        81 words
      • 93 34 LEXMARK has unveiled the P915 photo printer and the P6250 Photo All-in-one (AIO) for home users. Both feature a 2.5 inch LCD monitor on the front, on-board 9-in-l memory card readers, and use Lexmark's new "Evercolor" inks that are claimed to last more than 200 years without
        93 words
      • 78 34 INTERNET service provider Pacific Internet (PacNet) has launched a new personal firewall service to help shield its customers from online threats. Available to its home users at $3.50 a month, the new service makes the user's computer "invisible" on the Internet, thus reducing the risk of
        78 words
      • 80 34 DELL'S new PowerEdge SCI420 targets small businesses, especially those looking for their first server. The PowerEdge SCI420 ships with server management software which Dell claims will enable customers to set up their server in 30 minutes. Sporting dual Intel Xeon processors, the PowerEdge SCI420 also features
        80 words
      • 97 34  -  Compiled by ROLAND LIM THE new Philips 755 Tag-it mobile phone might be what it takes to give MMS a big push. The tri-band camera phone lets you take a picture, scribble on the picture via a 65,000 colour touchscreen, attach a music or voice
        97 words
    • Article, Illustration
      927 34  -  &lt;cool stuff&gt; Though Tapwave Zodiac is pretty good for gaming, ROLAND LIM finds it too big and pricey to be used mainly as a multimedia PDA ROLAND LIM HAVING been a Palm user for a long while since the days of the US Robotics Palm Pilot Professional,
      927 words
    • 690 35  -  &lt;we say&gt; The impending new intellectual property regime is a golden opportunity for software vendors to win hearts and minds, not just dollars KENNETH JAMES Technology Editor Glancing through the business pages in his office, Mr Chong's eyes are drawn to an ad whose large
      690 words
    • 833 35  -  &lt;you say&gt; DENNIS STIPATI IN markets where traditional fixedline network infrastructure is the mainstay, last-mile connectivity continues to be an issue with service providers. Their dilemma has been exacerbated by cost-conscious customers in constant search of cheaper solutions. Start-up costs associated with fixed-line
      833 words
    • 104 35 Bernama [KUALA LUMPUR] Celcom (M) Bhd, a mobile cellular telecommunications company has teamed up with Mastro Sdn Bhd, a mobile service advertising company, to launch 'Wazzup Highway', a service that targets bus passengers. Wazzup Highway is a fun service that provides the public with data infotainment
      Bernama  -  104 words
    • 655 35  -  Survey finds few firms have risk assessment process By AMIT ROY CHOUDHURY COMPANIES in Singapore need to invest in new measures to counter information security threats brought about by greater network connectivity, wireless access and Web services. At the same time, as more
      655 words
    • 345 35 Xinhua [SINGAPORE] Singapore on Friday night launched Asia's first video games exhibition to help the public to learn about the history, culture and future of video games and its relationship with science and gyThe exhibition, PlanetGames, is jointly organised by the Singapore Science Centre and
      Xinhua; AP  -  345 words
    • <what's up>
      • 36 35 RSA Security has appointed Ross Wilson as managing director for South Asia, including India. Based in Singapore, Mr Wilson was previously the senior regional director for South-east Asia at Symantec.
        36 words
      • 41 35 PEOPLESOFT has consolidated its South Asia HQ and Singapore office into a new 25,000 square foot office in Singapore. The new office includes a 30-strong Global Support Centre that will support its customers in the region.
        41 words
      • 60 35 THE National University of Singapore (NUS) Entrepreneurship Centre is organising a forum on Nov 3 at 6pm where Stephen Lim, chief executive of local start-up SQL View Pte Ltd, will share his experience. The forum will be held at LTIB, NUS Business School and admission is
        60 words
      • 51 35  -  Compiled by ROLAND LIM NETWORKING equipment manufacturer Allied Telesyn unveiled its new 10,300 sq m building last week. Located at Paya Lebar iPark, the building houses its production facility, R&D centre and regional sales office. About one-third of its 600 product lines are manufactured in
        51 words
  • Page 32 Advertisements
    • 49 32 (^B* AuChoriMd Dtambular Dariv AV-«ctafio« Marketing Pte Ltd OMo* 1 Pl* Ltd 3MK) BESS*® SB* Tel: 465 *****322 Fax: *****511 S«W« *****7 Email: avsm® av science.com rtnih/ 1 n 00am 8.30pm MtaoN Horn* Beetronlee Asia (S) Pte Ltd VNtetxtfe av-acionce com 10.00 am Website: www.hitachimultimed»a.com.9g Monday-Friday: 8.30 am B.oopm
      49 words
    • 7 32 &lt;COOLSTUFF&gt; Game for more with Tapwave Zodiac.
      7 words

  • Page 33 Advertisements
    • 312 33 SSSSSSSSjCSSSS •••••••••••••••••••A%ii »ViV«% i .^v.\v.v.v#v#v.v.\y.v#v«v«v.v.v. ••••••••••••••••••••a* •••••••••••••••••••a* ••••••••••••••••••••••••••A *A ••••••••••••••••••••••••••••••A ••••••••••••••••••••••••••A*** ••••••••••••••••••••••••••••A ••••••••••••••••••••••••••••A*** ••••••••••••••••••••••••••••••A* ••••••••••••••••••••••a****** ••••••••••••••••••••••••••••••••A**** I •••••••••••••••••••••••••••••••••••••a* W.V.V.%%V.V.V.V.V.V«ViV.V.V.\\%%V.VAV.\\ WfrV.VA%w.v.v.v.v.v#v#v#%%v.\v.v.v.vw.v. ■•••v«v«va%v.v.v.v.v#v#v#%v. Xwiw 4MA6v.v.v.v. v.v.\ v. v. v. v. i jni a.uuCiXu.* «&lt;nQui ajlai t iliiiilJlß "Deploying our ERP application on our tight deadline would !vX kppri imr&gt;r\ccihlo W7\tVi nave oeen
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  • Page 34 Advertisements
    • 254 34 The essentials of imaging KONICA MINOLTA 111 IBBi H| I ml HIM I F&gt; I J ,v-&lt; ■■jtfKmmL f*iJ The freedom to do business without bounds. Four businesspeople. Four locations. One bizhub. With bizhub, they're all connected while also having the power to freely access the data they need, anytime
      254 words


  • VISION FOR INNOVATION
    • Article, Illustration
      1181 36  -  Innovation is the buzzword for logistics companies these days as they leverage on the latest technology to serve their customers and reduce turnover time. UMA SHANKARI reports UMA SHANKARI LEANER and smarter; that's where Singapore's logistics industry is moving as it strives to provide value for its customers.
      REUTERS  -  1,181 words
    • 757 36  -  By CAROLYN QUEK SINGAPORE is aiming to be the leading logistics hub in the Asia-Pacific region by 2010, and also be a premier model for the entire world. For the local logistics sector, this means continuous upgrading and adoption of new technologies
      757 words