The Business Times, 9 June 2003

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Total Pages: 26
1 26 The Business Times
  • 16 1 MiTA (P) 024/03/2003 85* THE BUSINESS TIMES SINGAPORE Internal, i uip://business-times.asial .com.sg MONDAY, JUNE 9, 2003
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  • 477 1 Steelmaker proposes to pay dividend of 55 cents a share in cash [SINGAPORE] It looks like Nat Steel's shareholders are to get their special dividend of 55 cents per share after all and it will all be in cash without a scrip component. The
    477 words
  • 687 1  -  f:li exclusive Readying for Afta Companies tap into S'pore to strengthen their position in Asean free trade area By Ven Sreenivasan [SINGAPORE] Thailand may be a regional automotive manufacturing hub, but Singapore is fast emerging as a key logistics, distribution and after-market
    687 words
  • 478 1  -  i'-ii exclusive Feasibility study with partner finds it won't be viable From Eddie Toh in Kuala Lumpur MALAYSIAN corporate bigwig Syed Mokhtar Al-Bukhary's ambition to build a bunkering port to rival Singapore as the world's busiest ship fuelling
    478 words
  • 64 1 Week Change STI 14-15)20 +90.25 KLSECOMP ***** ♦lUl NIKKEI 225 UtUD *«UI HANG SENG MW— SET INDEX 4l8il 14,19 JAKARTA OOMP _M0 69 15.91 Manila iomp -iuom +90.1& TAIPEI WPI 4740.45 >184.55 SECMXCOMP 642.38 *8.96 SHENZHEN B 215.47 1010 Al'ST ALL ORD .*****0 >38,10 DOW JONES 9062.79 *212.53 NASDAQ
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  • 81 1 FOMEX RATES us$ s$ ISS (SS per ISS) 1.724 £(l'S$/SS per 1.666 2.872 EITM)(VS$ SS/E). 1.184 2.<»40 YEN 118.0 68 50 RM 3.800 UK HKS 7.799 4.525 BAHT 41.68 24.17 Rl "P1AH 8.195 4.755 RENMINBI 8i99 4.815 INDIAN RITEE 46 84 27.18 AS 1.500 0.870 NZS 1.7.11 11(04 PRIME
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  • Page 1 Advertisements
    • 48 1 M BT Online contains a host of Web-based resources, jittered free to BT newspaper subscribers. For others, it wiil be a premium subscription service from 4am Ito 2pm from Monday, March 10. Call 6388-3838 for jdetaMs or go to Mp^/bushMss-Umuslal.com.sg. fie p i I W/'\ &j Jfl (^w>
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    • 7 1 11(11 8 1 *****1 11 *****4 11
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    • 78 1 airlines in a bM jlfeus airlines recovering, but praspscte" h|M|r Dreaming of a house in Australia, an early retirement, an extreme lifestyle or overseas degrees for all four children? Then talk to your Life Planner about getting your Life Plan mapped out. To find out more call 6248 2211 or
      78 words
    • 23 1 OUAK HiANG WHAI Another view of UOB's share revamp BT Comment A bear trap or the start of a bull run? Pg 4
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  • NEXT page
    • 542 2  -  Lobby group says proposals would cut profits by 15% From Neil Behrmann in London OPPOSITION to the controversial new international accounting standards proposed for employee stock options looks to be spreading from the US to the other side of the Atlantic. Major industrial companies, says
      542 words
    • 628 2  -  Readying for Afta From] Eddie Toh in Kuala Lumpur THE once placid Malaysian car industry is now in a heightened state of flux. While some major foreign carmakers are making inroads into the domestic market ahead of the implementation of the Asean Free
      628 words
    • 342 2 [SINGAPORE] Prime Minister Goh Chok Tong said yesterday it was still too early to predict that Singapore would slip into a recession this year. He said that economic growth in the third quarter is expected to be flat and that
      342 words
    • 558 2 Earnings guidance from some firms may disappoint Reuters [NEW YORK] Hopes for an economic recovery later this year have propelled stocks into bull-market terrain, but even the bulls are worried that the stock rally may cool down as corporate America starts the confession
      Reuters; AP  -  558 words
  • Page 2 Advertisements
    • 99 2 Have you grown enough to be recognised? Nominations for the 2003 eso.startup Award are now open. To be eligible, a company must: jj be a privately-held enterprise be under 5 years old (from date of incorporation) 1 have a strong nexus to Singapore*— \j[ have 1 year of w audited
      99 words

  • SINGAPORE companies
    • 493 3 Some question his commitment, but Mr Ang sees no conflict Bloomberg SINGAPORE Telecommunications chairman Ang Kong Hua bought 235,000 shares in rival Mobile One, prompting some investors to question his commitment to the company he heads. "You don't want the chairman of your company thinking
      Bloomberg  -  493 words
    • 377 3  -  By\ Siow Li Sen INVESTMENT bankers handling the public share offering of Indonesia's Bank Mandiri are in town today hoping to sell up to 50 per cent of the institutional tranche, sources close to the deal say. The Indonesian government is
      377 words
    • 939 3  -  iSBISH lock siew quak hiang whai IN a report last Friday, Reuters quoted analysts as saying Wee Cho Yaw's United Overseas Bank (UOB) may be raising funds to buy back its own shares from associate firms United Overseas Land (UOL) and Overseas Union Enterprise (OUE).
      939 words
  • Page 3 Advertisements
    • 116 3 ÜBS Warburg ÜBS Paine Webber ÜBS Private Banking ÜBS Global Asset Management One team One focus now one ÜBS HH Wealth Global Asset Investment T TT3 C Management Management Bank wl-IL/ O 2003 ÜBS The key symbol end ÜBS ere the registered end unregistered tredemarks of the ÜBS Group of
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  • SINGAPORE markets
    • Article, Illustration
      317 4 OTHER SINGAPORE INDICES Jun 6 VALUE CLOSE WOW 629.00 -95.00 IT CAW -*****.00 +77.00 ■TltHayMA -*****.00 +63.00 /yuarjdllii 389.24 +2.84 134.93 +0.21 86 Fhi 1218.30 +13.40 362.93 +1.42 WaShippon 178.57 +1.75 smsar*mm ii&jo +i.7o Stock* Vofum* LAMlc 311,058.000 Hongguo US1.5C 268,287,000 Chart SemiCond 26c 261,671,000 UniFiber 10c 204,009,000 IPC0 20C
      317 words
    • 272 4  -  HOT STOCK/ WARRANT By Ven Sreenivasan EVERY once in a while, there comes along a new listing which holds great promise, and more importantly, does not disappoint investors. Accord Customer Care Solutions (ACCS) seems to fit this biU. ACCS is riding a wave
      272 words
    • 847 4  -  I-I i comment STOCKS ven sreenivasan IS this the real McCoy? That is the question many investors must be asking as they watch the local market, in tandem with regional equity bourses, racing up to seven-month highs in a 10-day
      847 words
    • 290 4 AFP [HONG KONG] Asian currencies mostly rose against the US dollar over the past week, gaining ground in tandem with the euro after the European Central Bank cut interest rates. Dealers said the dollar is likely to remain weak as expectations build of a cut in
      AFP  -  290 words
    • 1191 4 Payment El Ma Pay hywt b bob Pay (cts) data daaa Ma (cts) Ma daaa Sate Aberdeen IQp I 2 OOp 11JOT IfrJun 16-JcJ OC9C F 15.00 29May 02-Jun 16-Jun Act Dynamics 20c b 0 05 23-Jun 26-Jun 0*-Jci Omm Mold 5c b 0.STI 29Mey 03-Jun 12-Am Amara
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  • 3166 4 UNIT TRUSTS FUNDS Com Global Health Index Fd 0 829* ISiiJIMlMifiUMHHIHB Conl Global Telecom Index Fd 0 448/ Com Global Infotec Index Fd!" 0.307/ AJN Anro Mart Mgt (5 pora) Com Global Energy Index Fd 0J71/ sSfHEJE™* ?1S Gom Global Trwwlndw Fd 0.666/ SSu 1*4/ Com S'pore Bond Fund/* 1.107/
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  • SINGAPORE news
    • 451 5  - Brhannala grips you visually SINGAPORE ARTS FESTIVAL By\ Parvathi Nayar BRHANNALA by India's Adishakti Theatre Company opens with mood and attitude: centrestage is the solo male performer (Vinay Kumar), nude but for a loin cloth, lit in dramatic light-and-shadow and a single lamp. He begins to move, you are struck
      451 words
    • 457 5  -  =1 on the economy rental By I Siow Li Sen THE Singapore office leasing market has been dominated by renewals and restructuring deals as landlords went all out to retain tenants, said real estate services firm Cushman Wakefield. Effective rents headed south as landlords tried hard
      457 words
    • 570 5  -  Issues such as global identities, cultural transformations and consumerism are cleverly treated in Alladeen, says PARVATHINAYAR PARVATHI NAYAR IS "communication technology" an oxymoron? Phones, handphones, video conferencing and the Internet: they might offer us a state of perpetual connection but ironically, also serve to move
      570 words
  • Page 5 Advertisements
    • 53 5 g money H IS awards BEST DOMESTIC EQUITIES BEST REGIONAL HhHH| HOUSE IN SINGAPORE SMALL CAP COVERAGE HUffi We thank our customers for your support and trust, and look forward to serving you even better in the years ahead. SINGAPORE HONG KONG SHENZHEN SHANGHAI BANGKOK JAKARTA LONDON NEW YORK DBS
      53 words

  • FOCUS airlines
    • 747 6  -  Mergers may be the only alternative for some as the industry weathers its worst crisis in living memory Prom Neil Behrmann in London THE crisis now buffeting the European airline industry is the worst "in living memory", according to analysts and company officials. The
      AFP  -  747 words
    • 1077 6  -  From, Andrew Marks in New York FOR US airline companies, the red ink has been flowing like a flooded river since the terror attacks of Sept 11,2001. But a massive band aid of government funds and loan guarantees, along with a
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  • Page 6 Advertisements
    • 171 6 Diners Club Credit Card To apply, call: 6416 0980 Where to wine, dine and entertain... privacgcs Tre ts Lunch SowwJl WgJ Chinese Rojak n| Hot Sour Sichuan Vegetable Soup MAIN DISHES Honey Roast Chicken Seacucumber with Mushroom Fried Prawn with Cashewnut t Yong Tau Fu Lemak II White Fungus with
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    • 50 6 ■■^■^bhhhhb Discover the rich flavours of Shanghai cuisine at the Captain's Table a la carte buffet. Choose from over 40 specially prepared dishes. Available for dinner on weekdays Lunch and dinner on weekends and public holidays $22 80++ adult; $16++ children under 12. For rssorvations. call Captmln'aTßble at 6869 2288
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    • 134 6 p Mappy Father's *Day! j 5 Course Set Meal J $19.80 10% Service Charge Per Set j I Apprrturr I I Buffet Salad from The Salad Bar i S p Cream of Seafood Soup' I Choke of Mala Chtk Duo Flavours of US Catfish I I Grilled with Cajun Spices
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    • 90 6 Mr Whon you wont o portoct rtort to ft* r»H o» youi W». loovo It to tti* eiporttl Coll our HOTIIMI 44U tOJJ to tpook to out Wedding Ptonnort ond find out how you con havo a portoct wedding colobtoHon right horol Hoovonly Wn •anquot CMC* ot couraa CNnoM DMat
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    • 66 6 ~1 THE NEPTUNE V COt I V I ft Q.U A T ON LUNCH DINNER* Now till 30 June 2003 Step out and feast on Dian Xin and Cantonese delicacies at an incredible value today! *Offer is valid on Monday to Saturday• only Reservations: 6224 3203 (S)ra**~ HEX arnmOum Managed
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  • REGIONAL news
    • 673 7  -  I comment KL STOCKS Prospects bright at least for the short term as market surge is backed by strong fundamentals eddie toh THE Malaysian stock market has finally woken up from its long slumber. The Kuala Lumpur Stock Exchange Composite Index touched its year's high of
      673 words
    • 433 7  -  Companies take no chances despite Sars-free label From. Al Labita in Manila ALTHOUGH pronounced Sars-free by the World Health Organisation (WHO), companies in the Philippines are not taking any chances amid fears that the virus could strike again. Top corporations, including listed conglomerate
      433 words
    • NOTE Book
      • 69 7 AFP [BEIJING] China yesterday began the construction of a 36km-long bridge over eastern Zhejiang province's Hangzhou bay, in what is being touted as the world's longest sea bridge, state press reported. The 11.8 billion yuan (552.44 billion) Ningbo Hangzhou Bay Sea-crossing Bridge is expected
        AFP  -  69 words
      • 69 7 AP [TAIPEI] One of Taiwan's most powerful businessmen was released on a record amount of bail on Saturday after being charged the previous day in a massive corruption case. Liu Tai-ying walked out of court after his lawyers delivered NTJ6O million (552.96 million) in
        AP  -  69 words
      • 61 7 Bloomberg [BANGKOK] Thailand may make agreements with other countries in the Asia-Pacific this year to expand its trade in services, farm products and other goods, Prime Minister Thaksin Shinawatra said in his weekly radio speech in Bangkok. Thailand may sign a free-trade agreement with Australia
        Bloomberg  -  61 words
    • 603 8 SHANGHAI Mystery as to how former noodle seller made leap to property investing AFP Reuters THE scandal surrounding one of China's richest tycoons, Zhou Zhengyi, who last week rocked Shanghai and Hong Kong with his rags-to-riches tale of excess, has provoked
      AFP; Reuters; REUTERS  -  603 words
    • 467 8 HONG KONG Cosco, Yne Yuen to replace New World, Sino Land today Reuters HONG KONG gets two new blue chips today when the world's biggest sports shoe maker Yue Yuen and Chinabacked container leasing and port operator Cosco Pacific join the
      Reuters  -  467 words
    • 335 8 HONGKONG Reuters MUTUAL funds investing in Indonesia delivered the best returns to investors in May, continuing their good run from the previous month, while Philippine-themed funds were the worst performers. Funds investing in the Greater China region rebounded after losing ground in
      Reuters  -  335 words
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    • 21 7 IrFw lianhe Zaobao I Profits k I I dwindle I I fast-food restaurants I I springy I I I I I
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  • Page 8 Advertisements
    • 1879 8 Notices IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE Originating Summons Number 738 of 2003/W IN THE MATTER of Section 210 of the Companies Act. Chapter 50 (Revised Edition 1994) And IN THE MATTER of Flairis Technology Corporation Limited (RC No. *****4396Z) And IN THE MATTER of Beyonics Technology
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    • 305 8 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF BRUNSWICK HAW PAR HOLDINGS PTE LTD (IN MEMBERS VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act. Cap 50 that the Final Meeting of Members of the
      305 words
    • 601 8 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF EK SYSTEM PTE LTD (IN MEMBERS* VOLUNTARY LIQUIDATION l At an Extraordinary General Meeting of the ahovememioned Company held ai 192 Tag ore l.ane Off Upper Thomson Road Singapore *****6 on the sth day of June
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  • WORLD news
    • 458 9 NEW YORK An&lyst accused of miglftftilinjf research, accepting gifts from tyco CEO Bloomberg MERRILL Lynch Co, the world's biggest securities firm by capital, was sued by Tyco International Ltd investors for damages allegedly caused by biased analyst research. Investors allege that former
      Bloomberg  -  458 words
    • WORLD Watch
      • 115 9 Bloomberg Reuters [DUBAI] Opec, which pumps a third of the world's oil, may need to reduce output in the third quarter because Iraqi production could reach prewar levels by end-September, said President Abdullah bin Hamad al-Attiyah. The Organisation of Petroleum Exporting Countries "will
        Bloomberg; Reuters  -  115 words
      • 72 9 Bloomberg [WASHINGTON] World Com Inc investors who sold their securities before the company disclosed its fraud last June should be excluded from receiving money from a US$5OO million restitution fund, the US Securities and Exchange Commission said. The SEC said reimbursement should be made only to
        Bloomberg  -  72 words
      • 92 9 AP [LONDON] Britain's Treasury chief said yesterday the government will campaign hard to stress the benefits of the European Union —but he refused to say whether the country was ready to join the euro. Chancellor of the Exchequer Gordon Brown will announce today whether
        AP  -  92 words
      • 62 9 Reuters [LONDON] British telephone directory firm Yell plans to float on the London Stock Exchange later this year with a value of up to £4 billion (Ssl 1.5 billion), the Sunday Telegraph newspaper said in an unsourced report. Yell, publisher of the Yellow Pages, postponed
        Reuters  -  62 words
      • 63 9 Bloomberg [TOKYO] Carrefour SA, the world's second-largest retailer, is in talks with Daiei Inc to accelerate its business in Japan, seeking joint product purchases and joint operation of some Daiei stores, the Asahi newspaper reported. The two companies in February started discussing measures including
        Bloomberg  -  63 words
    • 220 9 Bloomberg [WASHINGTON] Microsoft Corp wants to exclude references to the "wealth or net worth" of chairman Bill Gates or other executives from the trial of a class-ac-tion lawsuit accusing the company of overcharging consumers for Windows. Mr Gates, ranked by Forbes
      Bloomberg  -  220 words
    • 776 11 COMMODITY Weeklyßfyundup AFP [LONDON) Gold prices strengthened over the week thanks to a fresh plunge in the dollar, while oil prices rose as a combination of tight supplies and fears of a fresh Opec production cut squeezed the market. GOLD:
      AFP  -  776 words
    • 493 12  -  Legislation sought to tie pay of directors to performance, bnt some want shareholders to decide From Neil Behrmann mLondon The UK government has taken its first step against highly-paid directors of failed companies by issuing a consultative document for action against excessive
      REUTERS  -  493 words
  • Page 9 Advertisements
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    • 209 9 FORM 14 (Rule 109) NOTICE TO CREDITORS AND CONTRIBUTORS OF FIRST MEETING IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE COMPANIES WINDING UP NO. 265 OF 2000 JIANGSHAN INVESTMENT CONSORTIUM LTD (Under the Order for winding up the above named Company dated 27 October 2000 and the Order of
      209 words
    • 172 9 fko MARK A DATE WITH THE BEST OF FRIENDS AT THE CARLSBERG GOLF CLASSIC. JJ > N >'~1 I v x ivv i N v»i'»- V < V <Y. V J v j v W V I. m, iK .v Y r r t I 1 ,v V v ->
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  • 949 10 Compiled by Thomson Financial I/B/E/S, >■ Mtt tvtrww ttw frtwnmtffittl*""? RECOMMENDATION FORECAST COMPANY NAME THIS WEEK LAST WEEK EPSMPEffrnM) inan(Wioiwbu(no(tvwyalocki«foNowadbyriltlw29brokan.'nMirracomiMnMontmpiandoiia1toSpoMiMM»andmrag«dtoproduc«aiman wndbowd Copper fqiHmm hom hom 18O 147 nC0IWmnd«B0n. LantiuyiMun Singapore Lid Stronqtfey Stronafriy 380 18 RFMUUFNflATIflN FORECAST Lindetayee Jacotoerg lid Slwnfriy 1016 B2 COMPANY NAM? TUSWEEHlAgTWEEK EPS (t)
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  • 775 10 i Week ended: Jun 6 m*mm. 1 Om m —am Of Mown 50c 0 45 1X110 *0.015 NatStaal 50c a54 2*00 -0.010 cSc Ml 5-350 *0.150 OCBC Ml 9750 *0050 CaprtaLand 1.1* 1-2(0 *0.020 OUf 0 54 6450 -0150 Chart SacnKond26c 099 0.945 *OB15 Parkway H 25c M7 0.775
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  • 568 10 BONDS WARRANTS Last Vol Can* Eiar Dot Gear- «ES fnmpini Sato f880) «att» Wo im Left ASTIW*****1 45 1 5 223 1 16 32 3.44 12 AcmaLtdW0411* 15 unch 130« 1 SO 415 6.67 17 Amtek W*****0 fS 7.5 179 1 33 1 1.50 24 Armstrong W*****0 2 unth 500
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  • Page 10 Advertisements
    • 154 10 mf/W, pp^PH I EyiM^£ra ,j -iaMMBMBwwMWPiBi. mim»» 11 HH^^^^^^H^HIHiiH^IiHIBII^^IB^^HH^^I^^^HHHHHiHHHIiIHBB in light of recent news coverage about ethics in the investment industry, it should be reassuring to Know that many tnousands of investment professionals do. in fact, voluntarily commit to hold themselves to 'a higher standard of conduct. The 50.000 professionals
      154 words

  • 1175 11 FINANCE COMMODITIES i Week ended: Jun 6 SPfOAPORB QOYERMMEMT SBCUIUTIBSDIPICATIVE PRICES AMP T1ELPS Mm W" TwCwm MrtwHy CT TII K OIHt TwiCwm Mfrttv Y 1L H* 7 YR 2.5 15-Jun-03 N*****0F 3.67* 0.672* 99.98 100.03 5-YR 1.5 01-Apr-08 N*****0S 1.34* 1.33* 100.75 100.8 5 YR 5.125 01-S#p-03 N*****1X 0.73* 0.512*
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  • 1560 11 SICOM FUTURES Jun 6 RUB8ER Futures (Closing prices) RSS1(ScMtj/kq) CJose Volume Open Month High Low Sett (tames) Interest 03 W1.50 Aug 03 176.00 Sep 03 169.75 Oct/Dec 03 165.75 RSS 3 (US ceiib/lq) Volume Open Month High Low Sett (tamos) Interest Jul 03 105.50 105.50 103.50 600 4250 Aug
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  • 6405 12 Week ended: Jun 6 52-Wk Last Vol M Last Quote GrtMv W* GrVM MM MCjb ligfc l— Cnapmi Sate W- ft80> H»<k Lo» Imp Mhr Cw Wf tOm ABHAmroNLG 56c 9 12 3.4 1388 16 9 ACE Dynamics20c 14cd -0.5 490 16 14 13.5 14.5 100 142.9 138
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  • 71 12 M-W U« M Wnk Ian Oust* OrOtv Mr GrVW MM MCa Uw Ci—MI Sd» (-WW I—r Cw Wl h3 9610 89 Diamonck US8780cd 88 8800 4020 2700 IS OJ US Tech US3740cd 555 555 IS MSO Spore USSS5 ***** 8200 tSSAPSOO US8270cd ***** 8280 SPORS U59G50cd *1370 9650
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  • 1720 12 tt-M IM« Vol M UMQaote GrOto M» Grttd Mat MCm U» riwpm Sate W- COM) «0i u» Safcr Cw Ht S<3 175 75 ABR Hldgs Sc 13.5 -2 21» 15.5 13.5 13.5 1«.S 2E 24 15 APCMSc JO -0.5 380 21 20 20 20.5 27 26 68 73
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  • 327 12 n-Wk Lat Vol Wnk LactQaM GrOtir Oto GrTW Mm mem WM» H« ca—r s«*« w- fw WN» i—> *»yr cv M M 141 II AVJenrwvp A2Sc A140cd *2 1132 141 137 138 140 40 3.4 7.1 8J 3013 Cathay Pac 20c HK720 265 2.1 7.4 6 *****2 Cheung
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  • Page 12 Miscellaneous
    • 191 12 CRYPTIC CROSSWORD family tree (8) teristic of part of the 16th 9 Assumed, 10 Diverse, 11 century (11) Leeds, 12 Oversleep, 13 ReDOWN 14 Separated detail so con- tract, 14 Shelter, 16 Salient, 19 1 Six approaching Chaldean fused (8) Portray, 22 About turn, 24 Issue. on (6 L 15
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  • BizIT
    • 855 13  -  Uiri exclusive Some 280,000 units are expected to be sold in Singapore this year, up 40% from last year By Amit Roy Choudhury Despite the gloom caused by Severe Acute Respiratory Syndrome (Sars) and the resultant steep fall in tourist traffic, the sale
      855 words
    • 432 13 Most of HPS ISO will become part of Global Soft Bloomberg [NEW DELHI] HewlettPackard Co has proposed to merge Digital Global Soft Ltd, a Bangalore, Indiabased software company it acquired as part of the purchase of Compaq Computer Corp, with its local unit in
      Bloomberg  -  432 words
    • 424 14  -  Project delayed by a year because of exhaustive testing By' Tang Weng Fai SINGAPORE MRT Ltd (SMRT) last week successfully completed a $33.7 million upgrade of its radio communications system, taking a year longer than scheduled because it wanted to test the system
      424 words
    • 313 14  -  Bu Amit Roy Choudhury IBM has announced the first models of its redesigned PC and monitor families, the new Think Centre desktop and Think Vision monitor ranges, thus finalising its move to bring all PC products and services under the one name "Think". The
      313 words
    • 259 14 Reuters [LONDON] 3 UK, the fledgling mobile phone venture controlled by Hong Kong heavyweight Hutchison Whampoa, said on Thursday it was slashing its prices as part of a summer campaign aimed at kickstarting sluggish sales. From this week, 3 UK said it
      Reuters  -  259 words
    • IT TAKES
      • 71 14 ENTELLIUM Asia, the Asian arm of the US-based CRM solutions provider, has announced the appointment of Michael Liu as regional director of sales for the Asia region. Singapore-based Mr Liu will be responsible for developing Entellium's regional sales push into South Asia, Greater China and Korea.
        71 words
      • 60 14 OLYMPUS has launched the Olympus Camedia C-750 ultra zoom, a 4 megapixel camera with a lOx optical zoom and metal body. The optical zoom range, which is equivalent to 38-380 mm on a 35 mm camera, can be extended further when combined with the digital zoom.
        60 words
      • 68 14 SAMSUNG has introduced a 40-inch LCD display monitor, the SyncMaster 403 T. The 403T, which can be mounted anywhere, can also be expanded for use with various multimedia devices and features, reducing power consumption and ensuring a longer life span for its components. Costing $13,999,
        68 words
      • 71 14 SAMSUNG Electronics latest mobile phone, the SGH-V2OO, features a 180 degree free-rotating high resolution i camera lens, a digital zoom and brightness control function. The clamshell phone comes with a large internal colour LCD screen, multimedia messaging service (MMS) 1 capability, GPRS connectivity, 40-chord polyphonic ringtones,
        71 words
      • 98 14  -  Compiled by j Amit Roy Choudhury SONICWALL, a leading provider of Internet solutions, has launched the small office home office fx (Soho) Trusted Zone for Wireless (TZW), a firewall appliance which integrates secure wireless and virtual private networking (VPN) technologies in oqp solution. SonicWall combines the
        98 words
    • 513 15  -  11 i comment INFOTECH tang weng fai THE continuing gloom in the global semiconductor market has a small bright spot in Asia. The World Semiconductor Trade Statistics (WSTS), for example, this month scaled back its forecast for 2003 semiconductor growth to 11.5
      TSMC  -  513 words
    • 293 15 Tax breaks for China-made chips violate WTO roles: foreign chipmakers AP [BEIJING] China is facing accusations from US and other semiconductor makers that it is violating freetrade commitments in an effort to expand its industry by giving tax breaks on domestically produced
      AP  -  293 words
    • 363 15 US court decision a victory for consumer advocates LAT-WP [WASHINGTON] Mobile phone users should be able to keep their phone numbers if they switch to other wireless carriers, a federal court ruled on Friday, rejecting an appeal from big US cellphone
      LAT-WP  -  363 words
    • 151 15 Reuters [TOKYO] Japan's Nippon Telegraph and Telephone Corp (NTT) has developed a communications technology that will allow Internet users to download a two-hour movie in about half a minute, a newspaper said on Saturday. The new optic-fibre technology will increase communication speeds to one
      Reuters  -  151 words
    • 132 15 Reuters [LONDON] Cellphone giant Vodafone Group Pic said on Friday it had sold a minority stake in a regional Indian company because the asset did not offer the Britishbased group a strong enough position in India. Vodafone said it had sold its 20.76 per cent stake
      Reuters  -  132 words
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      236 words

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    • 143 14 V Authorised Reseller More Power, Less Cost UNIX-Based Server Solutions You are invited to see Apple's 1U rack-mount, UNIX-based server solutions with unlimited client licenses. Learn why it is an ideal option Archive a world of information with ease Meet the experts who will demonstrate how key technologies such as
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      449 words

  • Page 15 Advertisements
    • 74 15 Leading Companies In Singapore Run Oracle r> At inn Chartered I \y I semiconductor manufacturing CREATIVE- Eastern STAGS' K Sing Tel asia's leading communications company These leading companies rely on Oracle to manage all of their information. What do you run? orade.com or call 1800 672 2531 Copyright <P 2003.
      74 words

  • Page 16 Advertisements
    • 382 16 SUN VI2BO Enterprise-class features and aggressive price points, so you can lower the cost of reliability. >, f. WHY NOT CUT COSTS WITHOUT CUTTIHG CORKERS? (J T1 HI V.; ■■•;>.?< MM' MMH Jjfs I.H •<•• IVffW n XJt' W ~,.t. II v k) ;b c r.,.. mmv m$ ,>•.- I
      382 words

  • SHIPPING TIMES
    • 283 17 Contributed by Simpson Spence Young A MORE relaxed week, with some further holidays intervening and no major sales reported. BULKCAUUER& Konkar Star. 69,582 Tdw Bit 11/85 Mitsui reported sold region U557,300,000 to Chinese buyers. Mimi Selmer: 65,362 Tdw Bit 87 Mangalia and Frederike Selmer. 65,330 Tdw Bit 85
      Contributed by Simpson Spence & Young  -  283 words
    • 270 17 MX '000 J»< it *h V* CWT Distribution 0.56 0.01 45 Cfcuan Hup 0.40 0.01 2634 CH Offshore 0.21 0.01 216 Cosco Investment 0.26 0.01 952 Freight Links 0.05 unch 1184 G6 Holdings 0.64 unch 6 Jaya Holdings 0.34 unch 1847 KeppelCorp 4.78 0.20 6080 HI Venture 0.21
      270 words
    • 591 17 Robust China trade boosts container volumes: terminal owner Bloomberg [SINGAPORE] Shenzhen ports handled about 43 per cent more containers in the first five months of the year, helped by surging trade to and from China, according to terminal owner China Merchants
      Bloomberg; FILE PHOTO  -  591 words
    • 348 17 They say 2010 deadline to scrap them will lead to 'complete chaos' AFP [ATHENS] The Greek shipping community has strongly opposed last week's near unanimous European Union (EU) decision to send single-hull oil tankers to the scrapyards by 2010 and warned the
      AFP  -  348 words
    • PORT Shots
      • 99 17 [SINGAPORE] Neptune Orient Lines' (NOL) container arm APL has added El Salvador to its Pacific Coast feeder service. APL said the weekly calls at Acajutla reflected El Salvador's growing garment and fresh produce trade. The original service, known as the Mexico-Central America Express (MCX),
        99 words
      • 99 17 Xinhua [SHANGHAI] China is capable of building container ships with capacities of up to 8,100 TEUs, according to major shipbuilder Hudong-Zhonghua Shipbuilding. Chairman Gu Baolong said the company has successfully overcome related technological obstacles to build such large-capacity container ships. At present, the company builds
        Xinhua  -  99 words
      • 71 17 [SINGAPORE] P&O Nedlioyd and its partners have dropped Fremantle and New York calls on their "Eastabout" joint round-the-world services. Service partners P&O Nedlioyd, Hapag-Lloyd, Hamburg Sud, CMA CGM, and Marfret, said the changes were "fine timing" for "schedule integrity" after strong demand and "disappointing productivity
        71 words
    • 370 17  -  Size of increase will depend on specific trade lane Donald Urquhart {SINGAPORE] Container feeder operators belonging to the Asian Feeder Discussion Group (AFDG) are warning mainline operators (MLOs) of impending rate hikes because of what they say are increased operating costs. Fifteen of
      370 words
    • 736 18  -  LINER SCENE -By David Hughes THE container revolution was predicated on the assumption that most cargo can be fitted into containers, and that container ships are the most economic way to transport almost everything except bulk cargo and liquids. More recently the emphasis on
      FILE PHOTO  -  736 words
    • 201 18 PA GE Avant 6 B'tang Mas 5 BSA 4 BSC 6 BTL 6 Cargoways 6 CMACGM 3 COSCO 3 Chahaya 6 China Shpg 5 Confer 6 CWT Globelink ...4 Delmas 4 Dongnama 3 EP Carriers 6 ECL 3 EIS 6 Eng Lee 6 ESP Lines 4 Far
      201 words
    • 13054 23 thebusinesstimes EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Nam* Name Number Number SIN Oest'n Name Name Number Number 23/06 29/06 BTL TIGER SPIRIT 0t9 65-*****522 To ABIDJAN (ABJ) 2003 Cot# D'lvolr* 23/06 29/06 PACC Coot BREEZE 021N 65-*****655 17/06 26/07
      13,054 words
    • SHIPS IN PORT
      • 502 25 Vessel Voy Wo Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL ANTALINA 1 J7/8 A/SIDE 09/06 1800 MARITVALOUR 0514 J8 A/SIDE 09/06 1200 PRINCESS LIL 0503 J16 A/SIDE 09/06 1400 VILLEDMARS N08C J24/25 A/SIDE 09/06 1200 WOODY QUEEN 5 J5 A/SIDE 09/06 1200 Ztf/I KOREA 43W J17/18 A/SIDE 09/06 0100
        502 words
      • 2076 25 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vessel Out In Bth Berthing Un- Berth Name Voy Voy seq berthing Nmbr ACX ULAC 053S OWS 1 *****003-030 0906/***** VMM ACX MAGNOLIA 064S 064S 1 *****003 700 <1/*****3-200 P02 AO RAFFLES 078N 078N 1 10/06/*****00 10/*****3 2200 AKINAOA BR 07E 07E 1
        2,076 words
      • 119 25 Jon 9 Australia: Queen's Birthday. France: Whit Monday. Germany: Whit Monday. Jan 12 Philippines: Independ Day. Jan 19 Brazil: Corpus Christ Day. Jon 24 Philippines: Manila Day. Jul 1 C/ii/ur Communist Party. Hongkong: SAR Established Day Thailand: Bank Holiday. Jul 14 France: National Day. U Kingdom: Orangmen's Day.
        119 words
      • 799 25 THIS report, compiled by Cpckett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem Market movements are indicated. The Cockett Banker Price Index change and the
        799 words
      • 494 25 Carton ISO Mai 992.2 0.S 6.7 0.07 4S 0.03 Mm 29 PwbWt —t«f Nridae AiMlwliilaw Sifcurt No above £25 3 0 4 0 0 0 —T 380 Ave 984.0 OJ M.O 0.04 21 0.02 e™, 380 Max 995.0 0.7 W.O 0.07 74 0.09 K/iri m/m m/m
        494 words
    • AIR & LAND transport
      • 208 26 RECOVERY FROM SABS HK carrier to resume more flights this month and next: chairman AP [HONG KONG] Cathay Pacific Airways is experiencing a rebound in passenger traffic as the territory's Sars outbreak comes under control, and it plans to resume more flights this month and in
        AP; AFP  -  208 words
      • 201 26 Reuters [SYDNEY] Shares in Australia's biggest airline Qantas Airways nudged to a more than two-month high on Friday as the carrier pointed to tentative signs of a pick-up in ticket sales after the initial impact of Sars and the Iraq war. Qantas, which has
        Reuters  -  201 words
      • 243 26 Reuters [BANGKOK] Thai Airways International said it expected operating revenues to rise in the fourth quarter to end-September from the third quarter but still be down year-on-year due to the deadly Sars virus. Tasnai Sudasnana Ayudhaya, executive vice-presi-dent commercial, said operating revenues would rise from
        Reuters  -  243 words
      • 370 26 Bloomberg [LONDON] easy Jet chief executive officer Ray Webster said "confidence is improving" and the airline is on target to increase passengers by 25 per cent in fiscal 2003 as it competes against Ryanair Holdings to remain Europe's No 1 low-cost
        Bloomberg; BLOOMBERG NEWS  -  370 words
      • 397 26 Deal will spur takeovers among European airlines Bloomberg [LUXEMBOURG] European Union transport ministers handed the EU's executive arm the power to negotiate an "open skies" accord with the US, seeking to spur takeovers among European airlines in danger of losing US$2.5
        Bloomberg  -  397 words
      • 309 26 Bloomberg (MUNICH] Deutsche Lufthansa, Europe's No 3 airline, Scandinavian Airlines System, and two partners in the Star Alliance will make their joint order in the fourth quarter for 100 planes that may be worth as much as US$4.5 billion. Lufthansa,
        Bloomberg  -  309 words
      • 1874 26 CUT FU6HT H» FU6HT ETD EMIO I9B EMU 0)25 M7381 *40 8*7)82 2215 JJJ J* 5 gfii am zm taHt<r«M 6*975 0655 «a» 2255 Fr w rt uwtl "J" 6 ■an 1455 $036 2 345 5025 06)5 SOU* 12)0 ««n IH778 1555 8*7)05 22S0 ****** 1555
        1,874 words
  • Page 17 Advertisements
    • 14 17 doesn't quite fit all page 2 EC empowered to seek open skies BACK PAGE
      14 words
    • 45 17 FOR LEASE Direct ramp-up Ceiling Height 13m 24-hour security i\ Easily accessible Bfc I via public transport; w*\ ■■^1 Immediate occupation En-bloc lease H Approximately 50,000 sq. ft. 8 storey high P Facing Pasir I 24-hour security f Immediate occupation i -Slu'jWJ/* Biwhrjz/z P& Lttr?]
      45 words

  • Page 18 Advertisements
    • 837 18 I TO USA/CANADA ~~1 I EXPORT I I OTHER DESTINATIONS H ygsa |VOT II TOAUSTRALIA(AUSTRALIAASIAEXPRESS} OOaULfOMU ;iE24 10/0* 11/0* I V/% 01/D7 MAO 02/D7 02/07 05/07 vnv "nTST PW wIIK I <yp mm IMI pto neduoyd Southampton ms 17/0* 11/0* I 04/07 ova 11/07 01/07 ow 12/07 mpi)K is/5 \wi
      837 words
    • 472 18 Lines&services represented by A Members of the Registry of c £01 Accredited Sh.pp.ng Ag«*, jflT J"**™ L °9' S,,a X®£M„5Z Singapore Shipping Association OS/ COMVDmONAL CARGO ran KUNG/SMGATORf/JMAtU I BANGUI VW ETAPKL ETA SIN ETA MALE Pliems Uh <G4S HK KM IVM VUld (arrtrr 7SJA li« IVM UK UU MARINE
      472 words

  • Page 19 Advertisements
    • 1173 19 TO EUROPE FROM EUROPE Ivissa Ivors* at m w hw w sua uh llvesa Ivoy rm m mm m sou w m "I API HONGKONG 105W 05/06 25/06 77/0*23/06 IMSOUmON 012 ®/W H/0S- 24/05 25/0510/0J i MOl PRECISION OOOW 06/0610/06 23/06 25/06 27/06 20/06 14/05 HTUBNKXMC 315W00/0621/06 27/06 20/06 01/87
      1,173 words
    • 1423 19 inun Oft snvKi noa SmttOKS TO BUCK SUMMIT SAW' QMHjMM 19 DAYS ■TCMVSK (VKKAMD WWTS GENOAI AGOTS M SMKAPOBt: M tOMKON 10 #12-M SAUS/MGS TH: 44JWBS7/4J ML 42JMJ2I/J4 I HtMIIIMI I I tiftM»M»l <M fUVC COSTII SHtmNfi m LTD 9MtfWMiM oumuod/u *****102 nusm/n I IOnTMIU (IWURU) 23 DATS a»iin»iM!i iummiiWM
      1,423 words
    • 480 19 rasa vot sin mt m khh mk cth bis rasa m sm «t su» hks tisw wis wc HTUMVU VUOIVDSTCK 12SS 11/4 14/4 l»/4 20/4 23/4 25/4 25/4 MKMAH 3<m 15/4 11/4 H/4 25/4 21/4 W/4 5/7 HTimi WOOES 042S 17/4 20/4 25/4 24/4 21/4 1/7 1/7 KMTC SWGATOK 30IS
      480 words

  • Page 20 Advertisements
    • 1153 20 mm HYUNDAI MERCHANT MARINE CO., LTD. HimmnT- WWWJMMH2I.COM WO. **********0H |vßsa W "sT sou ta rim ant m* j~iv""| [vessel voy sou uh mi ant hoi mT T MX PROGRESS M7W SO/OS 70/04 21/0* 14/04 10/04 HY DISCOVERY 3141 13/05 07/0S 01/05 11/05 31/05 HY IMPENDENCE 314W 07/0* 14/0* 10/04
      1,153 words
    • 1423 20 WAN HA) INTERNATIONAL PTC LTD ana i4*W2OOOO/» VT >A mail II A TILO2MISII (14 IMS) FALt224ll*3 yN\WAN HAI LINES ssgssssstisssV" W*;|BIHI»raHUI»TOV»ni BBM:ini)D»WS«ULWI)OT7I«/n*l*s CT«.|BI)SS4MIRUI|BI)SS«mWIB:n«W/ntS! WtTIU* 1 WW..»—mi) K «;<.!) 41 tTWMtIKI) 41 »m/4iqiw KU <M MS DM «H K MI H "0 W <0 W piw hw m ha twt toot
      1,423 words
    • 658 20 BSA in MYANMA. ■BB FIVE STAR LINE (My—t NetiMd Um) Loodi»g for Yh|N vessel vot sm pu pa ku PAGAN 304W SID f HPA-AN 307W SLD 4 IN MALATSIA: BOUSTEAD SHIPPING AGENCIES lUL 03-*****300 PKL: 03-3176*101 PfN: 04-*****12 BANK LIME (A swykt »> An*«W W* ttjjjg) I NORTHBOUND TO EUROPE
      658 words

  • Page 21 Advertisements
    • 1148 21 IVfSSfI VOY KHH HKO SIN PKi 1 DX» I B*B I PMM MC IRAN KERMAN PCL 31S 10/06 11/06 14/06 IS/06 22/06 23/06 29/06 01/07 IRAN ISFAHAN PCI 316 17/06 IS/06 21/06 22/06 29/06 30/06 05/07 07/07 IRAN HORMOZGAN PCL 317 24/06 2S/06 28/06 29/06 06/07 07/07 13/07 13/07 IRAN
      1,148 words
    • 523 21 4 k UK CONTINENT SERVICE Loadngfor SMART RDM/ATW/BMN/UK/NAN GULSER ANA RDM/ATW/BMN/UK/NAN EVANGEUSTRIA RDM/ATW/BMNAJK/NAN Loads Singapore, EVW Malaysia. Indonesia MIDDLE-EAST SERVICE Loading for PACIFIC SUN II JDH/AQA MARILIS T DBI/ABU/DOH/BRN/DMM/KWT J SAFE DBI/ABU/DOH/BRN/DMM/KWT LOK MAHESHWARI JDH/AQA *Loads Singapore, E/W. Malaysia. Indonesia USA SERVICE Loading for ALFONSO MZL/LAX/VCW SEA BEE CAM/NFK/SAV/NOL •Loads
      523 words
    • 1263 21 rasa jar m eai rasa mi mi m pkoanoa OHM 10/04 10/04 at— 12M M/» n/o* PACOANPA ma "/O* lt/0* IliiltTl 7 M um 11M PACOANOA OHM 12/04 13/04 Html mi 114 ft lAAfc PACOANPA ofm 14/ M um on _iy/04 11/ M mum sum um i*/o* PACOANOA 0171N 17/04
      1,263 words

  • Page 22 Advertisements
    • 582 22 116(1 SKY 009K 1314/04 »72/04 27 20/0* I TlttlStt OWN 1711/04 74 24/04 014)2/07 I TIKI IRtDGE WIN 20-21/04 27 21/04 044)5/07 I TIGER SHARK OWN 2425/04 01-03/07 00-09/07 I Il6aSr^^^W»l^272/04^^0404/o^^lMVoj VOT SIN XPRES RENOWN 129 *****06 171*704 1 TIGEI SPRING 489N 14-14/04 21 23/04 03-03/07 I JIALSAM 134 19-19/0*
      582 words
    • 985 22 FREIGHT LINKS EXPRESS PTLLTDx 51 Penjuru Road, 3 Level. y i> Freight Links Express Logisticentre. Singapore *****3 E-mail: flesin@singnet.com.sg < LCL SERVICE TO CEBU, PHILIPPINES VESSEL API QINGDAO V.OIIE ETA SIN 16/06/2003 ETA CEBU 26/06/2003 Booking 6267# 5565/4694/5535/5580/5541 /5 508/5 569/5 560/5 56 3/5 514 PROJECT HEAVY LI FT CARGO
      985 words
    • 1346 22 I lib IPDZ LINES I MMM w QJSTOHa savtct 111:02-4221-55*4 FAX: 02-4227-01*0 I/ WW SWGAPOtt: TOOG JOO SMPPIOO PT! UP tm* UdfrpJUfc—j, Ij2I3IZ3I3C3Hi3!fIB^9IIBDZEZBB3SIIDDBEBBB3 MOWS I 1131 11/14 IotSENO 3017 12/00 Mgg» 3023 10/04 gjgg MIS 14/04 qUAW 1X304 11/04 20/06 ■UNUMASS 301* 11/ M |«SWU 3033 IS/M VntNUNC Ml* 17/06
      1,346 words



  • Page 25 Miscellaneous
    • 120 25 I FOR 7AM 9 Jun 2003 SSSSSSSSSSSSSSSSSSBSiSSSSBBBBSKx^^^S^^^B yTjf --^'^jjlliiliii^liiiiiiiiiiliiliili!^^^^^^^^'' l^ Issued by Meteorological Service Division,NEA LEGEND: i x Thunderstorm Wind speed symbols showers Full circle w/o line indicates calm or light and variable winds M p ajn One half fleche represents 5 knots Cloudy Day One full fleche represents 10
      120 words

  • Page 26 Advertisements
    • 183 26 INFORMAL RATE AGREEMENT (IRA) FAR EAST MIDDLE EAST TRADE RATE RESTORATION PLAN FOR 1 JULY 2003 The member lines of the Informal Rate Agreement (IRA) covering trade from the Far East to destinations in the Middle East wish to remind the shipping public of their intention to increase the ocean
      183 words