The Business Times, 17 January 2005
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2005-01-17
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The Business Times
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Title Section16 2005-01-17 1 THE BUSINESS TIMES SINGAPORE 85 ants online at httpi//busmess-tknes.asial .com.sg MICA (P) 023/03/2004 Monday, January 17,200516 words
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513 2005-01-17 1 LIZA LIN - Industry players say airline capacity and logistics support not a problem in handling 2015 target By LIZA LIN [SlNGAPOßE] Singapore will need to build more hotels to cater to the tourism influx resulting from the Republic's target of 17 million tourists by 2015,513 words
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Article131 2005-01-17 1 MARKETS MM Chf* SO 2076.13 .-9.45 KLSECOMP 929.74 _.-+13.46 NKXB225 *****.39 +5.15 HANG SENG *****.78 -80.08 SET INDEX 701.66 +3.82 JAKARTA COMP ...*****4 -11.19 MANHACOMP -1876.03 __.+24J5 TAIPEI TAIEX *****2 -5047 SEOUL COMP 905.10—+34.26 SHENZHEN 8 -***** +2.54 AUSTAU.ORO —4062.90 +0.10 DOW JONES —*****.00.-45.96 NASDAQ 2087.91 -0.70 SAP131 words
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541 2005-01-17 1 KENNETH LIM - But analysts unfazed as most are from small companies By KENNETH LIM [SINGAPORE] At least 17 Singapore-listed companies have issued profit warnings since June 2004. But analysts aren't fretting because most of the alarms have been raised by minor players in541 words
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Article38 2005-01-17 1 TOP STORIES PG2 COMPANIES PG 4,7 MARKETSPG 5,6 SINGAPORE PG11 ECONOMY PG 12 M'SIA/INDON.. PG 14 CHINA/INDIA... PG 19 ASIA-PACIFIC.. PG 16 WORLD PG 17 AVIATION PG 18 SHIPPING PG 19 STOCKS PG 20,21 BRIT PG 27.2838 words
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Page 1 Advertisements
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Advertisement83 2005-01-17 1 HOCK LOCK SIEW x Next few quarters crucial for Qian Hu's retail thrust ■T ONLINE Access to BT Online is fre after 6pm each day. But print subscribers can access our online news anytime. Call 6388-3831 to subscribe and activate your online account V|jjg.fo■ Buffet celebration. Ready, steady, go! P83 words
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Advertisement28 2005-01-17 1 ft YOUNG INVESTORS' MM Making a favourable first impression pg 13 POTENTIAL SUITORS CAO's Spanish state attracts 3 companies PG4 VN WS > ROM WW KM' I'f i'j ■> ftk28 words
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TOP STORIES
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Article, Illustration192 2005-01-17 2 LAT-WP. Bloomberg [NEW YORK] Reports written by Wall Street analysts are usually filled with charts and dull statistics such as yields and earnings per share. But one star analyst has landed himself in hot water after he mailed clients a report with aLAT-WP.; Bloomberg; BLOOMBERG - 192 words
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Article, Illustration738 2005-01-17 2 SHOES KAGOA - Most urgent task is to rebuild damaged infrastructure By SHOES KAGOA inMedan UNLESS reconstruction plans for Aceh are well conceived and implemented, the resource-rich province could see its economy contract severely this year and possibly next year as well, a prominent economic observerREUTERS - 738 words
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Article743 2005-01-17 2 CAO fiasco slashes volume of oil trades THE volume of paper trades in the Singapore oil market has slumped 35 per cent since the China Aviation Oil scandal. Most players are now demanding letters of credit upfront from Chinese parties, or cutting contract volumes. Not all Chinese traders743 words
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Page 2 Advertisements
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Advertisement58 2005-01-17 2 I I 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 10 ARRANGE A FREE CONSULTATION CONTACT: SknonneToh T+6s 6636 3382 F:+66 6535 3991 Esingaporeeocra.com.sg 2458 words
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Advertisement21 2005-01-17 2 HOT IPO Get more investor interest. Place your IPO notice in our newspapers. Call 1800 289 8822 or email notices^sph.com.sq. Notices]21 words
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Advertisement393 2005-01-17 2 iThe Only Australian MBA, PhD and DBA Programs in Singapore Accredited EQUIS GSM MBA provides me with an excellent blend skilts competencies to effectively manage the complexities of today's demanding hospitality business. The subjects are well balanced and has enabled me to formulate my hotel's repositioning Exercise with practical strategies393 words
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Advertisement153 2005-01-17 3 i The next generation »!SH;^l^illl|i»bl» of to an 1 Ef^P ted tosecure a preventing its unique Encryption and on the device itself to be sent to documents or card breakthrough Internetand proprietary Java** based MEAP™ architecture to ensure I workflow processes now, and:tn the future. I .—I SECURED EMAIL fl153 words
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COMPANY NEWS
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Article, Illustration494 2005-01-17 4 RONNIE LIM - Players demand letters of credit from China parties or cut contract size By RONNIE LIM THE CHINA Aviation Oil scandal has slashed the volume of paper trades in the Singapore oil market and dampened dealings with Chinese interests. Most players are now demandingBLOOMBERG - 494 words
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558 2005-01-17 4 They may make bid for US$130m asset [SINGAPORE] China Aviation Oil (Singapore) Corp (CAO) has caught the eye of suitors interested in one of the beleaguered company's key assets its 5 per cent stake in Spanish oil transport group Compania Logistica de Hidocarburos558 words
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582 2005-01-17 4 WONG WEIKONG - HOCK LOCK SIEW By WONG WEIKONG IS the worst over for ornamental fish breeder Qian Hu? It all depends on whether you're an optimist or pessimist. The headlines of two broking reports highlight this divide. "Initial signs that the worst may582 words
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Page 4 Advertisements
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Advertisement230 2005-01-17 4 ASIA-PACIFIC EXECUTIVE MBA Proiram Nlihllihts Top ranked as a fully Asian Executive MBA program by Chief Executive China (2002) Opportunity to establish a strong international network of top Blending the best of East and West, with a focus of doing Optimal learning with minimal disruption to your career 18-month part-time230 words
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SINGAPORE MARKETS
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Article, Illustration1021 2005-01-17 5 TEH HOOI LING - TEH HOOI LING Senior Correspondent The frenzied trading in the Singapore market is spreading to a wider circle of stocks, allowing more counters to be in on the action. The stocks in our portfolios all benefited from the increased interest with most putting on1,021 words
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Article, Illustration1160 2005-01-17 5 ROBERT HALILI - INSIDE MARKETS This may signal more gains in the near-term despite the STI being up by nearly 5 per cent since November 2004, reckons ROBERT HALILI ROBERT HALILI INSIDERS were bullish during the market's rise from November to December 2004 with a net 308 acquisitionsFILE PHOTO - 1,160 words
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Article, Illustration704 2005-01-17 6 R SIVANITHY - STOCKS R SIVANITHY Senior Corespondent IF the local economy posted negative GDP growth in 2003 but managed 8.1 per cent last year, what does this say about the current length of economic cycles? Clearly, these are becoming greatly compressed. What's the cause ofAP - 704 words
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428 2005-01-17 6 CURRENCIES AFP [HONG KONG] Asian currencies were mixed against a strengthening US dollar last week as concerns lingered over the US' massive Budget and current account. deficits. Japaaasa yen: The yen rose to a one-month high against the dollar following the mid-week announcement of aAFP - 428 words
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Article81 2005-01-17 6 Investor events to watch out for Ezra Bonus Issue, Ex-date, Jan 19 Jade Tech, AGM, inn 19 Thai Prime Fund, EGM, lan 19 Thai Village, AGM A KM, lan 29 Hiap Hoe, EGM, Mn 29 Magnecomp Inti, EGM, lan 24 AP Breweries, AGM, Mm 29 Cement EGM, YHI81 words
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Article258 2005-01-17 6 >!!■■> Ea BMki My Hpul akbs toy Atwten UK1O0 o_UC «-*n 17tIw Z3-f«b M|0*lh F.S (LC OMw fl^w AWwit F 14N Jl-iw CB-fb 1M«b M—ft 10c F IjM W*b Uf«b g-Hfc A4*Dafcor HK15c I IM>11TA 2»-Ok JI-Pk g-lw WodGMttlnd tOc t 050 6W tHm IHw ft up f258 words
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Article, Illustration1097 2005-01-17 6 The stock reeomowndationli the of all the recom- Mot I niaa, i«— i a I, .ft m« M rMMMions suurnim ®y iiMMysu Totiowing tne stock, inere RECOiWBiDATiON of tn t»jh b«totolo#2»brok»w«iAmto^r>coww>end > tkw fflMBMC TWlWwWUHWwi li»Hf ffl f*Mll Tli MHy stock ii foMowsrf bydithc29 brakws. ThiJr raconv- >1,097 words
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COMPANY NEWS
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716 2005-01-17 7 KENNETH LIM - COO shifting focus back onto core systems integration business By KENNETH LIM the distraction of boardroom battles a thing of the past, lossmaking Teledata (Singapore) is turning its focus back onto its core systems integration business with hopes of returning to profit this year,716 words
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396 2005-01-17 7 It cites comparative valuations of firms similar to Hai Yue ADROIT Innovations, which is in the midst of a reverse takeover, said the purchase price of Hong Kong-based Hai Yue Power Investment Company Ltd, was based on comparative valuations of similar Chinaownei companies in396 words
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278 2005-01-17 7 BOUSTEAD Singapore has clinched a deal to design, build and operate water processing facilities which will supply clean water to Yogyakarta. The engineering group said at the weekend that the construction cost for the first phase of the project is estimated at278 words
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Article, Illustration211 2005-01-17 7 TUNG Lok Restaurants (2000) Ltd went into the red for the 12 months ended December with a net loss of $952,000 against a profit of $932,000 previously. Turnover was up 5 per cent to $64 million. Tung Lok said the increaseFIU PHOTO - 211 words
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Page 7 Advertisements
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Advertisement552 2005-01-17 7 Extend your global reach ml hl^, Be a part of the International Enterprise Forum 05 2-3 February 2005, Raffles City Convention Centre, Singapore The International Enterprise Forum (lEF) is an annual meeting of top minds on issues relating to internationalisation. Over the course of two power-packed days, this year's lEF552 words
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VIEWS FROM THE TOP
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Article, Illustration2173 2005-01-17 8 THIS WEEK'S TOPIC What is keeping Singapore companies from being more transparent? What are the most important steps companies should take to be more transparent? SINGAPORE companies need to better understand the benefits of transparency only then would they spend time and effort in preparing and presenting more2,173 words
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Advertisement10 2005-01-17 8 BT CEOs e-Club > >'* y r j if;*, *OC -/<< f/ r10 words
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Page 9 Advertisements
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Advertisement21 2005-01-17 9 HAVE YOUR SAY What do you think of the opinions expressed in these pages? Share your views by writing to Dtienencpspn.com.sg21 words
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DINING OUT
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Article, Illustration1629 2005-01-17 10 Wandering where to eat today? We check out some of the latest restaurants in town CHERRY GARDEN The Oriental Singapore, 5 Raffles Avenue, Marina Square Tel: 6885-3538; K&r- -..A Rating; 7/10 ijgNt ggpf ;°-l IN line with the Oriental Singapore's swish new look, th*1,629 words
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Page 10 Advertisements
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Advertisement73 2005-01-17 10 Where to wine, dine and entertain... BBIIIIIBBI H Ryan's Washoku (Tel: 6542 6881) 11* 1 1 1 ft f 1 f r» »W7 1 1 *1 rv n\ n FREE bottle of Tostil Moscato (worth $52) with every I celebrate this Valentine s Day with nne Japanese iood trom Ryan73 words
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Advertisement55 2005-01-17 10 J RafflMCountt^Qub*^ I £e JYencfi 'Restaurant Swood Ravioli $10JO Gjcflled Chicken $12.50 |.kamb Loin $18 Pninjoy Garlic Bread, M rV Salad Soup fcjfc\*x at only $3 with I of main course Af|\ Lo Froach Restaurant r: 459 lata* Ahmad Ibrahim "fcl: 6862 1838/9 r Mon to IVi: Lunch Only, Sal:55 words
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Advertisement29 2005-01-17 10 It's official We're in -allianc% I Announcing a nwrgtrr OH 1800 289 8822 or email notkesOsph.com.sg to book your advertisement in our newspapers now. r "^w r rm* I29 words
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Advertisement40 2005-01-17 10 "1 MIRITUS MANDARIN SINGAPORE f~| 43t#£ CANTONESE CLASSICS Reservations: HH) »*****262/66 m£m CHINESE RESTAURANT MERITUS MANDAMN V»*«* A dtviwon at Ovcneu Union Enterprise Limited (Company Regntrabon NO.19M*****C) 333 Orchard Road, Singapore *****7. Tel: +65 6737 4411. Fax: +65 6732 2361.40 words
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SINGAPORE NEWS
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508 2005-01-17 11 ANDREA TAN - MAS to enhance risk-based supervisory framework By ANDREA TAN SINGAPORE will maintain its sound fiscal policy to ensure the city-state remains a land of opportunity, Prime Minister Lee Hsien Loong said yesterday. Mr I .ee, who is also Minister for Finance, said508 words
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Article, Illustration401 2005-01-17 11 CHEN HUIFEN - By CHEN HUIFEN TWO plastic surgeons are spending $1.5 million to set up what could be Singapore's single-largest private facility specialising in medical aesthetics. Called the Sinova Medical Centre, it combines the skills of surgeons Harry Fok and Seah Chee Seng401 words
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568 2005-01-17 11 CHEN HUIFEN - It cites tax breaks, IP rights and lower operating costs By CHEN HUIFEN NEW Jersey-based Pure Energy Corp has developed a technology that can produce low-cost biodegradable diesel and is eyeing Singapore for its first commercial plant in Asia. "One of the568 words
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Article222 2005-01-17 11 DATE/ TIME EVENT VENUE 17-18 Jan Information Security and Grand Copthorne 8:00am Recovery Conference Waterfront Hotel 17 Jan Seminar on The Changes Capital Tower Confer2:00pm to Copyright Law and ence Rooms, FTSE Procedure Training Room, 9th Floor, Capital Tower, 168 Robinson Road 18 Jan Synovate Symmetries Meritus Mandarin,222 words
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Page 11 Advertisements
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Advertisement39 2005-01-17 11 Copycats b^e! Protecting your rights? Call 1800 289 8822 or email noticesOsph.com.sg to book your advertisement in our newspapers now. Announcing a merger? Call 1800 289 8822 or email notices@sph.com.sg to book your advertisement in our newspapers now. IBISHIBB39 words
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Advertisement145 2005-01-17 11 Business Neuro Semantics NLP Practitioner Certification Andrew Bryant u After the Business Practitioner Training my people f doubled their sales" Victor Hawkins. CF.O. National Hospitality SvsUmii. BE A SUCCESSFUL BUSINESS ACHIEVER Achieve leadership in life and business Increase emotional intelligence JHH Master the art of communication lnt«fr>o»K>r>al Mo»t* Tramar, Build145 words
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Advertisement15 2005-01-17 11 t^o jjj£ urn J ,tuous dessei^^^B wit WAmIU vhESLI' 1 Smmbb|l ■3HQHQ3]3H| i ,jh |^^a|j|k15 words
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ECONOMY WATCH
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315 2005-01-17 12 [TAIPEI] Taiwan's economy will suffer a serious blow if it is excluded from the free trade bloc consisting of Asean memberstates, China, Japan and Korea, according to a study. In a report credited to Central News Agency, Taipei Times said that the315 words
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770 2005-01-17 12 Old theories don't matter and yuan's exchange rate is crucial, say some Reuters [NEW YORK] Remember the J-curve from your economics course? As the US dollar trudges ever lower and the US trade deficit balloons to new records, it's a question worthReuters - 770 words
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Article, Illustration456 2005-01-17 12 power. Reuters. Bloomberg [TOKYO] Japan's economy continues to recover, despite concerns it has entered a soft patch due to cooling exports and production, Economics Minister Heizo Takenaka said yesterday. He said the recovery will speed up this year as stability in thepower. — Reuters. Bloomberg; AFP - 456 words
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401 2005-01-17 12 Reuters [WASHINGTON] In yet another expression of growing US central bank worry over the scale of the trade and current account deficits, Cleveland Fed has said that America's huge trade gap could quell growth unless exports grow. The Fed said America's huge tradeReuters - 401 words
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222 2005-01-17 12 Reuters [LONDON] Five interest rate rises since November 2003 have dented corporate Britain, contributing towards a 40 per cent jump in profit warnings last year, accountants Ernst Young said yesterday. The Bank of England has raised interest rates to cool a frothyReuters - 222 words
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228 2005-01-17 12 Bloomberg [BANGKOK] Thai Prime Minister Thaksin Shinawatra told CNN that economic growth slowed to 6.2 per cent last year as bird flu hurt exports, high oil prices cut consumption and a tsunami devastated some of the nation's most popular beach resort towns. "IBloomberg - 228 words
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Page 12 Advertisements
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Advertisement517 2005-01-17 12 J^jQ^^^Q^J^^T^dvertis^*lUol^cMBe^B^BB2^^mail^oticesesp^oiTLsg IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF VANLEA TRADING PTE LTD (In Members' Voluntary Winding-Up) FINAL MEETING NOTICE IS HEREBY GIVEN in pursuance of Section 308( 1) of the Companies Act, Cap. 50, that the Final General Meeting of the abovenamed company517 words
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Advertisement648 2005-01-17 12 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF IGHT PTE LTD (COMPANY NO. *****1359G) (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At on Extraordinary General Meeting of the Company held ot 98A Amoy Street Singapore *****8 on the 11th day of January 2005, the648 words
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Advertisement361 2005-01-17 12 MIDPOINT PROPIRTIKS LIMITED 5580,000,000 SECURED FLOATING RATE NOTES DUE 2006 SERIES 2 TRANCHE 1 Agent STANDARD CHARTERED BANK SECURITIES SERVICES ASIA HARVEST PTE LTD Co. Reg. No. *****4102 M (In Momborg' Vol. Liquidation) Final Meeting NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act (Cap. 50) that361 words
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BT-CITIBANK YOUNG INVESTORS' FORUM
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Article, Illustration774 2005-01-17 13 Now that we've looked at some tips on how to write an impressive resume, let's take a look at the next step: the job interview MANY fresh graduates often have little or no experience when it comes to job interviews, and a highly qualified individual may be774 words
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Article, Illustration744 2005-01-17 13 LEONARD LIM - CAMPUS LIFE Economics undergrad LEONARD LIM describes his semester abroad in the Canadian city of Vancouver LEONARD LIM SNOWBOARD or ski in the morning, go for a stroll through lush forests in the afternoon, and head to town for a concert or drink744 words
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Page 13 Advertisements
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Advertisement250 2005-01-17 13 Be smart with your finances FANCY becoming the next Warren Buffett or George Soros? Or even the famous Robert Kiyosaki? Then read on. The Young Investors' Forum, part of the BT-Citibank Tertiary Outreach Programme, isn't another dry page out of your financial textbook. To complement our editorial content, we have250 words
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MALAYSIA/INDONESIA
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Article, Illustration715 2005-01-17 14 PAULINE NG - MALAYSIA INSIGHT The national power company's inability to deal with the frequency of outages is a cause for worry PAULINE NG KL Correspondent Thursday the 13th wasn't a particularly lucky day for Tenaga Nasional. Then again, neither was it for loads of people whoREUTERS - 715 words
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402 2005-01-17 14 TSUNAMI AFTERMATH Bloomberg AP. AFP [JAKARTA] Indonesia's defence chief backed off the government's deadline for the US and other countries to withdraw troops from tsunami-relief efforts after he met US Deputy Defense Secretary Paul Wolfowitz in Jakarta. "March 26 is not a deadlineBloomberg; AP.; AFP - 402 words
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290 2005-01-17 14 Potential customers include Poland and Romania Bernama [PENANG] Malaysia will explore new markets in Europe to reduce its palm oil stock surplus totalling 1.3 million tonnes. Plantation Industries and Commodities Minister Peter Chin Fah Kui said that among the potential mar-Bernama - 290 words
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218 2005-01-17 14 [JAKARTA] Indonesian state oil company Pertamina is expected to sign tomorrow what bankers say is the country's first-ever global Islamic finance facility in a move that could open the door to a fresh source of funds for Indonesian companies, the218 words
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156 2005-01-17 14 [KUALA LUMPUR] Sunway Holdings Inc Bhd said it hopes to benefit from India's open policy towards foreign investments. The construction and property development firm has been pre-qualified for RM2O billion worth of jobs in India, and hopes to land between 5 and156 words
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Article1356 2005-01-17 14 The stock recommendation is the average of all the recom- Number FORECAST Median mendations submitted by analysts following the stock. There recommendation »c r— is a total of 29 brokers submittinq recommendations but not COMPANY tm> w~*/i ui_ir fttimitri m ffimri) rtl every stock is followed by1,356 words
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GREATER CHINA/INDIA
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500 2005-01-17 15 Beneficiaries may include mainland, Taiwan airlines, and China plays Reuters [TAIPEI] A deal to allow direct charter flights between bitter rivals Taiwan and China for the first time in more than half a century could boost stock markets when trading opens today, analysts said. "TheReuters - 500 words
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Article, Illustration548 2005-01-17 15 AFP [HONG KONG] A huge mul-ti-billion dollar arts hub planned for Hong Kong's famous harbourside is in doubt as public opinion gathers against it and influential businessmen and politicians declare the proposal flawed. Concern over the project has united all factions in theAFP - 548 words
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Article, Illustration377 2005-01-17 15 AFP [PARIS] The acquisition of the French perfume and cosmetics group Marionnaud by AS Watson, a company owned by Hong Kong magnate Li Ka-shing, is another indication of how Chinese investors are expanding abroad. Until recently, China was considered a developing country, and initialAFP - 377 words
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304 2005-01-17 15 Bloomberg. Reuters [NEW DELHI] Prime Minister Manmohan Singh said India needs to catch up with China in securing energy supplies, suggesting competition between the world's two most populous nations for oil and gas fields may intensify. OilBloomberg.; Reuters - 304 words
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NOTE BOOK
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Article60 2005-01-17 15 Reuters [FRANKFURT] German car-maker Volkswagen (VW) plans to build a budget car for Southeast Asia in partnership with Malaysian car maker Proton, the company's chief executive told a German magazine in an interview to appear today. VW chief Bernd Pischetsrieder said he planned a budgetReuters - 60 words
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Article85 2005-01-17 15 Reuters [KUALA LUMPUR] Malaysia's Islamic opposition has rejected an offer by rebel politician Anwar Ibrahim's party to merge, saying it prefers a coalition instead, newspapers reported yesterday. The offer by Parti Keadilan Rakyat (PKR) was made during a two-hour meeting between Mr Anwar and PartiReuters - 85 words
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Article88 2005-01-17 15 Bloomberg [SHANGHAI] Deutsche Bank AG, Barclays Bank and seven other overseas institutional investors are among 134 finance industry firms on a list Chinese companies may pick from in seeking advice on pricing initial public offers. The list comprises of 38 fund management companies, 10 qualifiedBloomberg - 88 words
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Article60 2005-01-17 15 AFP [NEW DELHI] India's state-run telecom giants launched what they described as one of the world's cheapest broadband services last week. Mahanagar Telephone Nigam Limited (MTNL) and Bharat Sanchar Nigam Limited (BSNL) are offering existing fixed-line customers 256 kbps broadband connections for 500 rupees (SSI9) aAFP - 60 words
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300 2005-01-17 15 AFP [SINGAPORE] Although household purchases in China are mostly funded by the man's salary, the woman has a big say over how the paycheck is spent in the world's most dynamic economy, a market research company has found. Synovate, part of the British groupAFP - 300 words
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Page 15 Advertisements
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Advertisement494 2005-01-17 15 Call toll-free 1800 289 8822 THE ATLAS ICE COMPANY, BERHAD (INCORPORATED IN MALAYSIA) (1302-W) NOTICE OF MEETING NOTICE IS HEREBY GIVEN that the Ninetieth Annual General Meeting of the Company will be held at No. 12, Jalan Bukit Gedong, ***** Melaka on Monday, 7 February 2005 at 12.00 noon for494 words
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Advertisement154 2005-01-17 15 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF TRILLION RESOURCES PTE LTD (Reg. No. *****1346K) (In Creditors' Voluntary Liquidation) NOTICE OF RESOLUTION At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 18 Cross Street #08-01 Marsh McLennan Centre Singapore154 words
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ASIA-PACIFIC/WORLD
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444 2005-01-17 16 Exploration may heat up territorial row with China Reuters, AFP [TOKYO] Two Japanese companies plan to drill for oil and gas in the East China Sea in a bid to catch up with Chinese exploration in the disputed area, aReuters,; AFP - 444 words
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171 2005-01-17 16 AFP [TOKYO] Japanese Internet firm Softbank has offered about 200 billion yen (553.2 billion) to buy Tu-Ka mobile phone companies from Japan's second-rank-ed mobile phone carrier KDDI Corp, a news report said on Saturday. The deal, if finalised, would enable Softbank to enterAFP - 171 words
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Article, Illustration961 2005-01-17 16 ANTHONY ROWLEY - A tunnel 40m under the city will protect utility ducts in case of a major quake By ANTHONY ROWLEY in Tokyo ANYONE who has lived in Japan's earthquake-prone capital city of Tokyo for the past 15 years (as this writer has) knows that theREUTERS - 961 words
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Article, Illustration284 2005-01-17 16 Bloomberg [NEW YORK] Donald Trump, chief executive of Trump Hotels Casino Resorts Inc. will conduct three onehour classes on building wealth through real estate for a fee of US$l million an hour. The fee translates to more than US$l6,OOO a minute, the sponsor,Bloomberg; AFP - 284 words
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Article, Illustration757 2005-01-17 16 AFP [TOKYO] As obesity around the world reaches epic proportions, Japanese firms are watching profit margins bulge on healthy products as they find consumers who have both money and fat to burn. The latest company to join the trend is high-tech giantAFP - 757 words
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Page 16 Advertisements
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Advertisement16 2005-01-17 16 Lianhe Zaobao I I icecream I I made in China I I ABRBBS I I I16 words
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WORLD
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830 2005-01-17 17 ANDREW MARKS - WALL STREET INSIGHT Investors worry that Fed may be gearing up for more aggressive tightening, oil price are surging again By ANDREW MARKS in New York STRONG earnings from Intel Apple Computer and Alcoa were unable to prevent stocks from retreating for the830 words
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Article, Illustration449 2005-01-17 17 Reuters [LONDON/FRANKFURT], Deutsche Boerse is facing a backlash from its shareholders who' fear the German exchange will overpay for the London Stock Exchange. The Children's Investment Fund Management (TCI), a UK investor in Deutsche Boerse, which is opposed to Frankfurt's £1.3 billion (Ss4 billion)Reuters; REUTERS - 449 words
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381 2005-01-17 17 [LONDON] Media moguls Greg Dyke, Clive HoUick and Stephen Grabiner may launch an audacious £6 billion (5518.4 billion) bid for ITV, sources told the 06server newspaper. The three work for private equity houses that have held talks about forging381 words
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521 2005-01-17 17 LAT-WP ILOS ANGELES] Oracle Corp began laying off former People Soft Inc employees Friday in an unusually long and painful process some observers likened to ritual humiliation. The database software giant, which won a bitter 18-month battle to acquire People SoftLAT-WP - 521 words
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420 2005-01-17 17 It considers options in drive to diversify revenue streams [NEW YORK] The New York Stock Exchange is exploring the possibility of opening earlier in the day, with the aim of capturing trading volume from European exchanges, notably London, which is five hours420 words
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Page 17 Miscellaneous
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Miscellaneous184 2005-01-17 17 CRYPTIC CROSSWORD s DOWN 14 Rat I uncovered with Queens YESTERDAY'S SOLUTION 1 SS^ < W^ ,fbUrthofJUly 16 "Fir 9 irreQUlar rOSe n En!i«. 8 12 e Ra a n b 13 2 Dutiful c?d boy's retainer (9) 18 Kind of tense and below par Adn^ n ?J n s184 words
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AVIATION
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354 2005-01-17 18 AFP [SYDNEY] Singapore Airlines has stepped up its battle with Australian carriers by announcing plans for extra services to Brisbane and Melbourne with increased connection opportunities between Australia and growth regions such as North Asia. SIA said in a weekendAFP - 354 words
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Article1541 2005-01-17 18 an WIT H HI—T B» omwlm Af8087 1855 £55! !g owi i«s5 mm 1920 MIS«6 091s as 12 sa ss *"gs~& ,S Sgl? AM70 1425 A«fl 2120 gg !3 jgg gg J3!SSS gg!S £§21 sal :"i issi !g SS 9SSL) 22 SQ147 2230 j. 0M672 2W1,541 words
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Article, Illustration1261 2005-01-17 18 VEN SREENIVASAN - Airbus-Boeing dogfight worsens as EADS prepares to show off A380, the new symbol of European solidarity By VEN SREENIVASAN in Paris THE biggest passenger airliner the world has ever seen will roll out of its hangar for the first time tomorrow. The Airbus A3BO, theAFP. BLOOMBERG - 1,261 words
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388 2005-01-17 18 Reuters. AP [WASHINGTON] The United States and India have reached an air travel pact that will result in more commercial airline flights, lower fares and stronger economic ties, US officials said. Under the new openskies agreement, airlines from both countries will be allowed toReuters.; AP - 388 words
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135 2005-01-17 18 Xinhua [BUENOS AIRES] US security agents stopped Argentine Foreign Minister Rafael Bielsa and searched his luggage at an airport in the United States, according to press reports here on Saturday. The incident occurred when Mr Bielsa and his-aide Anibal Gutierrez asked to get offXinhua - 135 words
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193 2005-01-17 18 AFP [HONG KONG] An inquiry into a 1999 air crash at Hong Kong's airport has concluded pilot error was to blame for the accident, a media report said yesterday. The findings of the longrunning inquiry is with the city's political leaderAFP - 193 words
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SHIPPING
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407 2005-01-17 19 GEORGE JOSEPH - By GEORGE JOSEPH [SINGAPORE] THE Ministry of Transport (MOT) and the Maritime and Port Authority of Singapore (MPA) will continue to work closely with terminal operators and other industry players here to strengthen Singapore's position as a global hub port. Capacity at407 words
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Article, Illustration618 2005-01-17 19 NYK, Maersk, NOL among lines seeking alternatives to southern California Bloomberg [WASHINGTON] Shipping companies faced with delayed cargo because of bottlenecks in southern California ports are searching from Alaska to Mexico for alternative ports to handle goods from Asia. Nippon Yusen KKBloomberg; FILE PHOTO - 618 words
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393 2005-01-17 19 Bloomberg [WASHINGTON] The Canadian port of Prince Rupert is aiming to handle 400,000 TEUs (20-foot equivalent units) by next year and is investing Csl9s million (*****.87 million) in a plan to attract shipping companies. Canadian National Railway Co has pledgedBloomberg - 393 words
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174 2005-01-17 19 LAT-WP [LOS ANGELES] Federal immigration officials were interviewing 32 Chinese stowaways after they were found in two cargo containers at the Port of Los Angeles. A crane operator was unloading the containers about 6 pm and noticed three menLAT-WP - 174 words
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Article302 2005-01-17 19 SGX '000 Jan 14 Sj Vol CH Offshore 0.40 0.01 335 ChuanHup 0.68 unch 1237 Cosco Corporation 1.24 -0.01 4911 CWT Distribution 0.66 unch 30 Ezra Hldgs 1.18 unch 229 Freight Links 0.09 unch 856 Grand Banks Yacht 1.00 unch 21 Java Holdings 1.02 -0.01 301 K1 Venture302 words
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712 2005-01-17 19 SELVA KUMAR - ADMIRALTY CASEBOOK By SELVA KUMAR IT is not often that a vessel owner would argue that its chief engineer's negligence caused an engine failure on its ship, but this is exactly what happened in a recent case in the Singapore High Court involving a RMS712 words
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244 2005-01-17 19 Reuters [WASHINGTON] A judge has ordered the US government to honour an amnesty deal with a Norwegian shipping company in connection with a possible price collusion, anti-trust case in the tanker industry. US District Judge Timothy Savage issued an injunction blocking anti-trust authorities from indicting orReuters - 244 words
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Article9135 2005-01-17 20 STRAITS TIMES INDEX STOCKS ft**—— Wt an Stodr nnw Wt Oom. Otmm AHgraen50c 0.31 1.140 -0.030 HOi 2.09 3.000 »IL Intl US20c 0.49 l.oeo *0.020 OCBC 10.04 13.800 -0.100 CapitaUnd 1.37 2.100 -0X120 Parkway H 25c 0.69 1.530 Owt SgmiCond 26c tfoj 0JS0 Paopte't Food HK50c 0.44 1.5009,135 words
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FINANCE & COMMODITIES
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Article3206 2005-01-17 21 MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In local curr In S$ In USS dy yr dy Syr dy Kyr Jan 14 Index Chang* Change Change Change Change Chang* Worid Index Preliminaiy 840.7 0.4 8.0 0.8 6.0 0.1 10.0 EAFE Preliminaiy 772.9 0.4 10.2 OS 105 -02 14ft Europe Preliminary 1063.4 053,206 words
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908 2005-01-17 21 COMMODITIES: WEEKLY ROUNDUP AFP [LONDON] Oil prices soared last week on supply worries caused by a further drop in US heating fuel stocks, fierce storms in the North Sea and the threat of a production cut by Opec. Gold: Gold prices hit the lowest levelAFP - 908 words
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Page 22 Advertisements
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Advertisement1797 2005-01-17 22 I TO USA/CANADA I I EXPORT I OTHER DESTINATIONS I IVESSEI IvOY I PKC IETASMIIfINGREAOtIPAUASIhOUSTOnImEMPHIS IOHCAGOINEWYORK |l TO AUSTRALIA (AUSTRALIA ASIA EXPRESS) I LOS ANGEUS EXPRESS 11E03 18/0) 19/01 I 04/02 10/02 11/02 09/02 09/02 12/02 VOT ETA SIN "1 WG I ERE 1 ml —SYD I IB AM OOQROTIERBAM1,797 words
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Advertisement74 2005-01-17 22 UK CONTINENT SERVICE Loading for OCEAN ISLAND RTM/ATW/UK LOK PRATAP RTM/ATW/BMN/UK/NAN Loads Singapore, EVW Malaysia, Indonesia MIDDLE-EAST SERVICE Loading for BAO LONG MEN ADN/HDD/JDH PAN BRIGHT DBI/ABU/DOH/BRN/DMM/KWT LOK PRATIMA DBI/ABU/KWT/BDK "Loads Singapore, E./W. Malaysia, Indonesia USA SERVICE Loading for HANJIN TAMPA VCW/VCB/LAX/MZL 'Loads EVW Malaysia, Indonesia F.E./S.E.A. SERVICES S pore74 words
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Advertisement945 2005-01-17 22 jINTIHASIA HOtO SEKVICI vissa/vor umm hbghtwu m kch lo I sn I jkt I STRAITS VENTURE 02/D5 15 3.? 20/01 23/01 27/01 30/01 01/02 STIAITS VENTURE 03/05 15 3.2 03/02 05/02 10/02 13/02 15/02 STMTS VENTURE 04/05 15 3.2 17/02 l»/02 24/02 27/02 01/03 [WIST AHA/MNOAL ROUP SV» VKSa/VOT RAMPffT)945 words
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Advertisement507 2005-01-17 23 AW nmf MMJUL Ohms IK mwim ayymAl /nMUH /HMM jjgoon MM»i» munif^yHWW* WM law—w* nuw www rvwi For Schedules, BL Searches, and Container TrodurgvUitonourHomoPra M^^™'^^^^™'^r^l'!!!-JL' l L l J L l l L 'i^! l '—l" JlJ nif mwa nwffi Inlii Hilhi HTIITTT BIT savKi (PtPOtT) hftti ttnte 1»I ffIOML507 words
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Advertisement1079 2005-01-17 23 USSR ff(¥ m HSTPWTWC Kffl WS VBSa VOY aw JKT SUI HKG USH WIS ■nuggw isss ?o/i n/i v/\ nn 31/1 w w microti kuuk; sou n/1 24/1 27/1 1/2 5/2 4/2 hthowbs wtt a/i 27/1 n/i y? s/? 7/2 9/? mcsrotE 502s 30/1 2/23/21/2 12/1 13/1 HTitPK |M9s|?/2| VI1,079 words
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Advertisement803 2005-01-17 23 W SJ<j2itS& WEEKLY EXPRESS BAIUM6 SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WEBTEBH ICD POHTTB vessei I vot Isw pjoanol coumao n sum COLOMAO lAJI* CAMDHI MOWf 11 JAM OMIT 14 iAM 10 JAM 22JAM lATHIOM 005W lIMg OMIT 23 MN it Mil gjg PACIFIC QUEST 0003W 34 iAM 24803 words
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Advertisement780 2005-01-17 24 lAXAI wallenius wilhelmsen website: http://www.2wglobol.(om VESSEL "VOY RAMP HEIGHT SIN Ut~ MAO HOU« WIA SAY BAL ORF ~MTC~ NEW MQ> TARAGO AESO2 3201 MS 6.4 M 18/01 OMIT 18/02 25/02 24/02 03/03 01/03 05/03 22/02 HXAS AESO3 4201 MS 6.4 M 08/02 02/03 12/03 19/03 20/03 24/03 22/03 26/03 16/03780 words
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Advertisement1277 2005-01-17 24 -JBSSB Jffil Si pop vkse JOI aw jm P*C lAMDA 13S3N 14/01 14/01 MCIAU 4149 15/01 17/01 PACIANDA UMI IS/01 U/01 MM.uyh t«{ 11/01 M/fli Of 2301 QQI3P U/01 17/01 rACIMIiH 9213 M/Si w/SI -MLIMffiA ***** IftZfij 17/01 PACOALJ 4150 22/01 74/01 pac ianda im li/oi li/oi ■■■BrrnmnvivnMHHH CSI 23011,277 words
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Advertisement632 2005-01-17 24 BSA MYANMA FIVE STAR UNE (MyaMiar National Line) Loading for Yaagoa Vissa VOY SIN PKI PEN PGU PAGAN 338W SLD SID HPA-AN 330W SLD IN MALAYSIA: lOUSTIAD SHIPPING AGENCIES KW./PKL: 03-300 SOU PIN: 04-*****15 ACCEPTING CONVENTIONAL C6O HKG SIN HKG SIN PGU PKI KUC OtYSTAI HEART H SID SU> SU)632 words
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Advertisement464 2005-01-17 25 M* Ml 307 SC7 10/01 11/11 11/11 12/01 13/11 17/11 11/11 23/01 AOC MffUSM iff Ml Ml ma«g S2u 10/oi mi i»/oi mi 21/01 n/11 mi mi wnmv ma aw 123/01Imi31/11 31/H 01/02 tmmm MOIHBMTY SOI 7 27/01 17/01 Ml Ml Ml Ml Ml ot/02 AOMtfMUt 0M 125/011 Ml- Ml464 words
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Advertisement206 2005-01-17 25 3?SRffiwn»i,. EESmrnm wmntifltavßi Mnukmumw*w KiS™" tnaraiMun mi *m aßeon *m». mtmrmeoim W4MJM WUEMtPUU, NMMMMOUSnST TMGM MtWiUU* laaSaiinMii SHIPPING CO, LTD.I MULTI-PURPOSE YiSSIL FOR RO/R0 iiREAKIUU CARGO mm t mm it jd m■la\m |w |h In: eiiwiir Tae iw 7~ mT r ST MM! MT JMB" JwiT «M "1555" 9M> T206 words
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Advertisement468 2005-01-17 25 I /7~l BH7 I IMCO «*m: *211-1 I I WT?\ OBWB SWttTO: *71.-55*Mb4M741W I I SJ€d smfomowjooswwwniro STiofm »■*>■■>>»•»■■■ n m*Kwww+amum I Imm Wr ww ¥g wca W Taw ww" ~m~ wi ~¥oT~ tmai ~iw~ m» iv>i »/>i p/n t—■ sw» h/»i m/ii m/ii mmu—s <y »/w "p^T| MMOBL_Bfi_ Jt/$L468 words
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Advertisement158 2005-01-17 25 aHi Uf»f wwRMR Rtfyio S.I. Asiq/USA vk< wrw SMCUUfI M MAVY LOTS A MOJKT CAMO ■ll'fci" 1 J Oil 4tUKNwh»Cwft—A TiiA MwftiwliAu iiiT 1-IIILILJ IvuSmta MW\o2 M/JSi SirS I WHBAOfbMOt «7S |W0l|0»«B|l«a| |2W02 |22X1212V02 I |w*aj*a«_ |igJiMa|iswl |z*P*****02 |ot<O3|OSP3~I vs. jgr_ «ii[cb>|hi» TIN ositw itwi I mwi I turn AISOACOPINGIO158 words
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Advertisement355 2005-01-17 25 ■BBHTOHISr^HMMnS/S^^O^^aE?! TIGER PURL 251* IHf/ttl 25-27/01 01-02/02 HUiiililnGasiof 252W 23-24/01 29-31/01 06-07/02J i jnta«* 253* 27-21/01 01-03/02 98-09/02 1 ■■IHGB WAVE 254* 29 30/01 04-06 "02 12 13/02 BBMM rearm 255» 01-02/02 01-10/02 IS-K/02J 64 26-27/0] 03-05/02 13-14/02 1 ■UUyi|BTlGa CREft 007 21-29/01 05-07/02 16 17/02 1 091 29-30/01 06-01/02355 words
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THE BUSINESS TIMES SHIPPING TIMES
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7049 2005-01-17 26 This ETA ETA A*«f*iBP VmmI TaMpiMM SW PaMT» WM*ar —*r To ABIDJAN (ABJ) 2003 Cots D'lvoire 2®01 1M2 Mms OELMASFOR8M 510W *****344 26/01 03/03 DNmas DELMAS ANGO 003W *****344 26/01 06X13 CMACGM CMA CGM KALAMATA SX101W *****800 31/01 11/03 Mw tZUMO 008W *****344 05/027,049 words
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Page 26 Advertisements
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Advertisement72 2005-01-17 26 TUVALU SHIP REGISTRY 1. Lowtaxaa 5. AccmIm to latest International 2. Actlv* rote and rapraMfrtatfon In MO convention. and raguMion. 3. Staffed by qualMad profaaalonala wtth 6 Round tha dock aawtaa many yoars of axparianca In ship 7. Wortdwkte natwork of aurvayors registration i laiilfli atlon aociatiaa 4a pio rwificuon72 words
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BizIT
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Article, Illustration937 2005-01-17 27 AMIT ROY CHOUDHURY - <cool stuff> AMIT ROY CHOUDHURY puts StarHub's 3G offerings through their paces AMIT ROY CHOUDHURY THIRD generation (3G) mobile technology is finally here. With all the three major telcos Sing Tel, Star Hub and Ml conducting trials of their networks, this937 words
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Article, Illustration788 2005-01-17 27 EMIL KOBYLARZ - <you say> Sarbanes-Oxley forces firms to tighten data protection, which can help long-term productivity EMIL KOBYLARZ THE implications of the Sar-banes-Oxley Act (SOA) have already impacted many companies here, including those which are not American-owned. The SOA was introduced in the US to counter an increase in788 words
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364 2005-01-17 27 Reuters [SAN FRANCISCO] HewlettPackard Co on Friday said it will fold its barely profitable PC business into its successful printer and imaging business, chilling speculation the computer company could spin off the printer unit. Several Wall Street analysts have clamoured for HP to splitReuters - 364 words
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Article, Illustration338 2005-01-17 27 CAROLYN QUEK - By CAROLYN QUEK CANON first set the industry standard for full-frame digital SLRs with the EOS IDs. Now it is setting the standard again with the EOS IDs Mark 11, which boasts a mind-blowing resolution of 16.7 megapixels. At this high338 words
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350 2005-01-17 27 AP [BOSTON] A website that disclosed Apple's top-secret plans to bring out a US$499 mini computer and a new bare-bones iPod prompting a lawsuit from the company turns out to be the brainchild of a 19-year-old Harvard student. Nicholas M Ciarelli, who says heAP - 350 words
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<what's up>
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Article66 2005-01-17 27 SINGAPORE'S Matrix View Ltd has announced the formation of its USA subsidiary, Matrix View Inc. Matrix View Inc will be based in Boston, Massachusetts and was formed in response to the growing interest of US-based IT companies in the company's ABO digital content management66 words
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63 2005-01-17 27 NETWORK company Allied Telesyn has announced the appointment of Scott Gill as director for its Network Engineering Technical Services (NETS) division in Asia Pacific. Mr Gill will concentrate on aligning the three NETS departments, namely Network Engineering, Technical Support and Education and training, with63 words
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91 2005-01-17 27 PIONEER has launched a new integrated HDD/DVD recorder home theatre system. Called the HT929DVR, it has 80GB of hard disk drive space which allows users to record up to 100 hours or 250 DVD titles directly on to the hard disk for temporary storage.91 words
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Article84 2005-01-17 27 US-BASED Siebel Systems, a leading provider of business applications software, has upgraded its Siebel CRM onDemand package. The new version, Siebel CRM OnDemand Release 6, introduces pre-built, industry-specific solutions for the first time. These are available for four industries: financial, high technology, life sciences and84 words
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65 2005-01-17 27 SSA Global has released version 3.9 of SSA Warehouse Management, part of SSA Global's comprehensive supply chain execution solution. This latest version is designed to address the requirements of the logistics industry. A new feature is its enhanced radio frequency identification-enabled capability, which helps65 words
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82 2005-01-17 27 NEC Solutions has launched two new portable projectors in Singapore to expand its range of large area displays. The NEC LT245 and LT265 are the first projectors to feature remote desktop control, and support the fast lEEE 802.1 lg wireless standard. They also have82 words
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89 2005-01-17 27 CAROLYN QUEK, LIZA LIN - Compiled by CAROLYN QUEK, LIZA LIN VMWARE, a company that develops virtual infrastructure software for industry-standard systems, has launched VMware ACE, which helps to manage contractor, telecommuter and mobile laptop users with a single mechanism that combines security, user autonomy and centralised management. Features include89 words
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Article, Illustration577 2005-01-17 28 RAJU CHELLAM - BT exclusive There is a huge interest in wireless networking in countries like S'pore, Hong Kong, S Korea and Taiwan, which is driving demand for such products, says RAJU CHELLAM RAJU CHELLAM WIRELESS connectivity products are springing up in Singapore and across key countriesSource: IDC Asia-Pacific - 577 words
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Article, Illustration379 2005-01-17 28 Raju Chellam - By Raju Chellam US-BASED Belkin Corp, which offers a range of wireless connectivity solutions, launched what it claims is the first router and notebook wireless card running on the Airgo chipset that connects at up to 108 mbps (megabits per second) without wires.379 words
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Article, Illustration673 2005-01-17 28 AMIT ROY CHOUDHURY - Reports by AMIT ROY CHOUDHURY IF you think the data streaming capability of Singapore's (3G) mobile networks is impressive, wait till the end of this year when HSDPA-enabled 3G networks will become commercially available in different parts of the world.673 words
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Article238 2005-01-17 28 NOKIA is working closely with its network operator customers to deliver compelling mobile multimedia services over high-speed 3G networks, said John Stefanac, Nokia Networks' Asia Pacific vice-pres-ident. Apart from being the world's largest maker of mobile phones, Nokia also builds mobile networks. Mr Stefanac said that238 words
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Advertisement73 2005-01-17 28 ■li* «V* I Authorized Dtotnbutor Onlar AV-Sclence Marketing Pte Ltd Office 1 Pte Ltd x 3 Upper Aljunied Link Block B (subsidiary of NTUC Fairpnc•) #08-06 Joo Seng Warehouse The Funan IT Mall ■MVfHMK/ Singapore *****2 #05-25/32 1* l Tel: +65 *****322 Fa*: +65 *****511 Singapore *****7 HihrH P fm73 words
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