The Business Times, 30 June 2003

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Total Pages: 26
1 26 The Business Times
  • 12 1 85fe< THE BUSINESS TIMES SINGAPORE Internet: http://business-times.asial com.sg MONDAY, JUNE 30, 2003
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  • 639 1  -  He cites job availability, need to maintain enough funds for healthcare and retirement By Teh Hooi Ling [SINGAPORE] The government is not inclined to implement the Remaking Singapore Committee's recommendation that unemployed Singaporeans be allowed to dip into their Central
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  • 63 1 Week Change STI 1477.73 -4143 KLSECOMP 691.45 +9.01 NIKKEI 225 .9104.06 -1633 HANG SENG 9657.21 -273.10 SET INDEX 457.51 +4.85 JAKARTA COMP ..506.78 -4.67 MANILA COMP .1236.60 -4.08 TAIPEI WPI 4877.90 -124.6* SEOl'L COMP 677.28 -854 SHENZHEN B ***** -3.01 AL'ST ALL ORD .3018.00 -3720 DOW JONES 8989.05 -211.70
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  • 86 1 FOREX RATES (JS$ 8$ ISS (SS per ISS) 1.753 £(l SS/SS per S) 1.656 2.904 Ei:RO(i ss/ss/E). 1.142 2.001 YEN 119.7 68.30 R.M 3.800 1 m HKS 7.798 4.448 BAHT 41.82 23.85 Rl'PlAH 8,285 4.726 RENMINBI 8.299 4.734 INDIAN Rl PEE_ 46.52 26.54 AS 1.502 0.857 NZS 1.721 0.982
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  • 586 1  -  pT^xclusivel By Loh Hui Yin [SINGAPORE] It started out a decade ago as a small investment, a foray into the chemical raw materials business which the shareholders had scarce knowledge of. Today, the shareholders are reaping dividends with the proposed listing of Singpu
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  • 817 1  -  Prospects of higher than average yields the major draw From Shoeb Kagda in Jakarta HAVING been badly burned by Indonesian borrowers following the 1997 Asian financial crisis, it is no surprise that international lenders and investors have shunned the country over the past
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  • Page 1 Advertisements
    • 41 1 BT: A print online service BT Online contains a host of Web-based resources, offered free to BT newspaper subscribers. For others, it will be a premium subscription service from 4am. Call 6388-3838f0r details or go to http://business-times.asial.com.sg mil 8 *****1 *****4
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    • 21 1 M f m 4j| HK, China seal free trade deal VIM-; lw v| L Pftag > r.Tkl automatic 111! Hi I,n'ff ,iy
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    • 49 1 expensing mandatory Pg2 BT COMMENT Is IDT a good yield play in today's market? Hock Lock Slaw: Quak Hlang Whal, Pg 6 Is Malaysia headed for a second round of banking mergers? Diana Oon Abdullah, Pg 7 Will Nokia become a software company? IT comment: Tang Wong Fal, Pgl4
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  • NEXT page
    • 546 2  -  It reckons a reasonable estimate of stock option costs is better than none By 1 Teh Hooi Ling [SINGAPORE] The Securities Investors Association of Singapore (Sias) wants mandatory options expensing, taking the opposing stand from that of Temasek Holdings. Sias said it had earlier made
      546 words
    • 788 2 Mainland tariffs on 273 HK-made goods to be lifted Jan 1 [HONG KONG] Hong Kong and China signed a landmark free trade deal yesterday aimed at boosting the Asian financial centre's ailing economy. The Closer Economic Partnership Arrangement (CEPA), which many see as
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    • 542 2  -  From] Macabe Koliher in Taipei ANALYSTS expect the world's largest made-to-or-der chipmakers to post outstanding profit growth in the second half of this year, as customers replenish inventories they have run down for more than two years. Taiwan Semiconductor Manufacturing Co
      542 words
    • 412 2 IHT [PARIS] Teenagers in America spend US$l75 billion a year. In that same year, 150,000 of those teens will declare personal bankruptcy. With statistics like these and with countries like France aggressively marketing credit cards to teenagers, the need to teach children the
      IHT  -  412 words
  • Page 2 Advertisements
    • 333 2 ——FOB: IT»\ MM The Professionals in Executive Education r r jSfL Executive Network. Leadership Journey, MM JJMAftlrtJ. Top U.K. MBA in General Management y Tarhitniiuru Miniranunt iviflMvi vi lecinKHQgy WyiM^ciiiviii Singapore 35th Intake Register Now. Singapore New Intake Register Now! 100% conducted by University of Hull faculty e 18 months;
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    • 14 2 Lianhe Zaobao I up to invest] in China's I electricity I market I I
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  • Page 3 Advertisements
    • 144 3 «NfS«N t f A J The all-new Jaguar XJ Design Meets State-of-the-Art Technology The linos are pure Jaguar, Sensuous Sophisticated A th.it s n stam.\ -ocean sab.c Yet beneath the new curvaceous profile lies a technical masterp-ece "a an un aue monzcza-e body structure made ot space-age aluminium And a
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  • SINGAPORE markets
    • Article, Illustration
      313 4 OTHER SINGAPORE INDICES Jun 27 VALUE CLOSE ITOMH -46.00 +276.00 FTOMH -*****.00 +152.00 -*****.00 -4.00 m-Sat+Mm 399.62 +5.26 »Tallinn I 139.89 -»0.78 MriliMi Rn 1259.05 +16.35 371.73 +3.69 ■BCITItuih 183.15 +2.83 SMWMn 182.00 +1.50 Stocks Vcfcam 15c 332.433.000 Full Ape* HK20c 301.239.000 L&M lc.. 236.450.000 AlliedTech5c 213.115.000 Chart SemtCond 26c
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    • 267 4  -  HOT STOCK/ WARRANT By' Ven Sreenivasan ASCENDAS Real Estate Investment Trust, one of two listed property trusts here, is now at a record high. It closed at 94.5 cents after rising another cent last Friday. A-Reits, which owns industrial and business park buildings,
      267 words
    • 736 4  -  I-ii comment STOCKS ven sreenivasan IT has been a volatile week for equity markets as investors treaded water while awaiting the Federal Reserve's next move on interest rates. And when the Fed announced its 13th cut in its key rate to a 45-year low of
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    • 672 4 AFP [HONG KONG] A rally on the greenback prompted by the US Federal Reserve's quarter percentage-point rate cut ate into recent gains among Asian currencies over the past week. But while the Japanese yen and Australian dollar, in particular, fell on the
      AFP  -  672 words
    • 341 4 *-a s. a a I»»dm K» I 2% 11-Jun AS Dynamics 30c b 0.05 Z3-Jun »-Jun »W Amari Mldgi »c bM 12-Am 17-Jun <8-Jul Amauum in* 10c b a 10 IHim 10-Jun Mw fcwxfifc f 1 JO 02-Sap 0H« Wte OaKantMtgOc I 1J0 IVJun Mun 0*JuT buk* Samp
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  • 3046 4 UNIT TRUSTS FUNDS Com Global mfotec Index Fd!" 0 298/ Com Global Energy Index Fd 0 87/ Corn Global Travel Index Fd 0 681/ 0.647/ 1.107/ Star Europe Bo 1 295/ &»<l Agricoie MM Mfl 7 pore Ltf Star Eurooe Bal 0 95W Indocam AsiaVisionl" 0 785® 825 Star Asian
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  • SINGAPORE companies
    • 611 5  -  Company set up to in vest in China firms, groom them for Singapore listing By Loh Hoi Yin A GROUP of wealthy but low-profile Singapore businessmen has set up a company dedicated to investing in Chinese companies, and grooming them for a
      FILE PHOTO  -  611 words
    • 311 5 SUNNINGDALE Precision Industries Limited, a precision plastic engineering services company partly owned by Temasek Holdings, has lodged its preliminary prospectus with the Monetary Authority of Singapore for a listing on the main board. Established in 1984 by controlling shareholder and chairman Ng Boon Hoo with the
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    • 619 5  -  lock siew quak hiang whai Releasing its full year results two weeks ago, IDT Holdings (Singapore), which designs and makes liquid crystal display consumer electronic products, proposed a final dividend of 10 cents a share, even as net profit slumped $7 million, or 22 per
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  • Page 5 Advertisements
    • 208 5 r® YHI INTERNATIONAL LIMITED (Incorporated in the Republic of Singapore on 26 August 2000) Invitation in respect of 58,000,000 New Shares of 550.20 each comprising:(1) 8,000,000 Offer Shares at 550.50 for each Offer Share by way of public offer; and (2) 50,000,000 Placement Shares by way of placement, comprising:(a) 43,400,000
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    • 119 5 Barclays Capital or. -r.- r V* v >g* This announcement appears as a matter of record only. Y wsaH ft ;i >" Zi Z'< t Singapore 1 Technologies ST Treasury Services Ltd f *11 Guaranteed by Singapore Technologies Pte Ltd t? V: US$3OO Million f§| r ■MM bp:mm 5-Year Term
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  • SINGAPORE news
    • 335 6  -  Funds intended for general corporate purposes of its stable of companies By( Catherine Ong THE Singapore Technologies Group has successfully raised a maiden syndicated loan of US$3OO million for the general corporate purposes of its stable of companies. Signed last Friday through ST Treasury
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    • 314 6  -  By Andrea Tan SERVICED residence owner and operator Ascott Group has bagged a management contract for a 127-unit operational property in Australia and plans to increase the visibility of its Somerset brand Down Under. Ascott, which is part of Capita Land, will manage
      FILE PHOTOS  -  314 words
    • 475 6 EYE ON THE ECONOMY MERGER and acquisition activities are showing signs of a recovery in Singapore although M&A deals globally dived in the first six months of this year. KPMG Corporate Finance reported. Releasing its latest numbers based on
      475 words
  • Page 6 Advertisements
    • 2415 6 Notices rnmmmamm] I The following assets of a company are available for sale on a "as is, where is" basis: Assets to be sold are: Stocks which include roll thermobreak internal duct insulation, fan assisted air terminal, fan assisted HEPA filters, duct access panels, Flanders air pure econoall fitters, rectangular
      2,415 words
    • 545 6 IN THE MATTER OF THE COMPANIES ACT (CAP. 50, 1994 ED) AND IN THE MATTER OF WONG HENG ENGINEERING PTE. LTD. (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act (Cap. 50, 1994 Ed), the Final Meeting of
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    • 535 6 JAT INVESTMENT PTE LTD (In Members' Voluntary Liquidation! NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that the Final General Meeting of the abovenamed Company will be held at 15 Pioneer Crescent Singapore *****1 on 30 July 2003 at 10.00 a.m. for the following purpose v--I.To receive the accounts from
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  • REGIONAL news
    • 652 7  -  Round two might yield more synergies, says Diana Oon Abdullah Diana Oon Abdullah THIS week, the Arab Malaysian Banking Group (AMBG) and EON Capital group called off merger talks which began five months ago, and Commerce Asset Holdings (CAHB) has reportedly stepped in as an interested
      652 words
    • 235 7 NEWDELHI AP INDIA has joined the pool of lenders to the International Monetary Fund (IMF), shedding its decades-old image as a borrower from multilateral bodies, the country's central bank said. The IMF has selected India for the first time to become a
      AP  -  235 words
    • 399 8 SHANGHAI Industry is unwieldy and still corrupt: analysts AFP MOVES by officials to rein in the banks' over-enthusiastic lending practices, coupled with a growing series of loan scandals, have again highlighted the fragile financial position of China's banking system. At the heart
      AFP  -  399 words
    • 313 8 HONGKONG Analysts fear law will curb free-flow of vital information Reuters BUSINESSMAN Gary Leung won't be going to the movies with his family on July 1, a holiday meant to celebrate Hong Kong's return to Chinese rule six years ago. Instead he will
      Reuters; AP  -  313 words
  • Page 7 Advertisements
    • 435 7 Konftel 50 from Sweden The ONLY Teleconference Unit That Lets You Hold Meetings, <( KONFTEL TECHNOLOGY Konftel 50 is the only conference unit that doesnt need a dedicated phone line. Connect directly to your corded or switchboard system phone, and save on extra line installation subscription charges. Connect to a
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  • Page 8 Advertisements
    • 344 8 ${eminlscing the Good Old bays... W^ :JH& Relive the Qeranakan culture, l a marriage of Chinese and Malayajieritage. I*i'' Hp HP^ sauour the popular cultural mix of the <Peranakan cuisine: an ecclectic blend of special homemade spices, aromatic and spellbinding dishes, served buffet-style. In conjunction with the Great Singapore Sale
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  • WORLD news
    • 224 9 BRUSSELS AFP A SERIES of vast trans-Eu-ropean transportation projects involving an investment of at least 250 billion euros (Sssoo billion) will form a key element in a wider plan designed to kickstart the European Union's struggling economy, according to a team of
      AFP  -  224 words
    • 417 9 NEUHARDENBERG German chancellor pledges to speed np tax cnts, trim subsidies Bloomberg Reuters GERMAN Chancellor Gerhard Schroeder vowed to speed up income-tax cuts and sell assets, shrink government subsidies and take on debt in a bid to boost consumer demand and end a three-year
      Bloomberg; Reuters; AP  -  417 words
    • 137 9 ZURICH Reuters TROUBLED Swiss International Air Lines is mulling an offer from Germany airline Lufthansa to inject 200-300 million Swiss francs (Ss2sB-388 million) in exchange for a stake in the carrier, a Swiss newspaper said yesterday. Citing insider sources, the SonntagsZeitung said
      Reuters  -  137 words
    • 778 10 COMMODITY Weeklyßoundup AFP [LONDON] Oil prices endured a choppy week as traders reacted nervously to an unexpected fall in US crude oil stock levels and a spate of explosions in Iraq's oil facilities. Qold: Gold prices slid to the lowest level
      AFP  -  778 words
    • 467 11 NEW YORK Four-month extension would give firms more time to win US approval for the deal Reuters IT'S too risky to weigh rival offers, Global Crossing said Friday in a final plea in court here to preserve an exclusive pact to
      Reuters  -  467 words
  • Page 9 Advertisements
    • 64 9 IX/ItA MA j* n Diners Club Credit Card 6416 0980 Where to wine, dine and entertain... m Hi VvW <3B£ssBfc* *9 Kampong Kitchen (6483 0833)™ Enjoy 15% discount on the I enjoy a palatable spread of mouth-watering cuisine with my Diners Club Card «ai your Diners Cluh Card before ordering.
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    • 110 9 Mariners' Comer Seafood Steak Restaurant Treat yourself to a very special lunch or dinner sample the seafood delights or meaty masterpieces prepared in traditional Western or Oriental style. Succulent grilled Norwegian Salmon, Spicy King Prawns, Prawn and scallop Brochettes, Air-flown New Zealand Steaks, Grilled Fillet of Ikan Kurau, Rock Lobster,
      110 words
    • 1101 9 ©FIRST COMMERCIAL BANK (Incorporated with limited liability in Taipei. Taiwan, R.0.C.) BALANCE SHEET STATEMENT OF INCOME as of December 31, 2002 and 2001 for the years ended December 31,2002 and 2001 (NT534.78: US$l.OO) 2002 2001 (NTS34.7B:USSI.OO) 2002 2001 NT$,OOO NTS,OOO Assets Operating revenue Cash and cash equivalents 109,377,448 74,781,200 Interest
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    • 267 9 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF DELPHI PARTS SINGAPORE PTE LTD (IN MEMBERS VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING Notice is hereby given that pursuant to Section 308 of the Companies Act. Chapter 50. the Final Meeting of the Members of the
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    • 239 9 IN THE MATTER OF THi COMMMB ACT, CAP. SO and mimmtrtmor resto. supplks m uo P CRBMTOW VOLUNTARY UQUOATKND MPTttOfwaooniow At ar Extraordinary General Meeting of the members of RESTEL SUPPLIES PTE LTD duly neW and convened at 204. Level 2, Syed Atari Road. Singapore *****7 on We 23ra June
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    • 165 9 M THE MATTER Of THE COMPANWI ACT, CAP. 60 AND M THE MATTBR OF RESTEL SUPPLIES PTE LTD (in cflsorrofts' voluntary LIQUIDATION) NOTICE it HEREBY OtVEN that the Creditors of the abovenamed Company, which is being wound up voluntarily, are required on or before the 1 St August 2003 to
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  • Page 9 Miscellaneous
    • 188 9 CRYPTIC CROSSWORD 26 I name study in order that is 8 Kiln too involved with explo- Across: 1 Preambles, 9 Atht™"3l O 5 sive unit (7) lete, 10 Everest, 11 Acreage, 12 DOWN 15 Female hit dandy with bum- Evergreen, 14 Stranger, 15 Tri--1 Christian, not Penny, with in 9
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  • 1191 10 FINANCE COMMODITIES Week ended: Jun 27 SDIQAPORE QOVEEyMEMT SECURrnES PfDICATIVE PRICES AMP T™™* Met Met IiniCwpM Itatartty U* Y T M m Offtf TwiCw|li MrtfWy V TII M Othr 5YR 5.125 1-S«|»-03 N*****1X 0.73% 0.441% 100.75 100.80 10YR 5.625 l-Jul-06 NX*****H 1.47% 1.45% 119.98 120.06 5 YR 3.500 1-Fcb-04 N*****0H
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  • 1635 10 SICOM PUTURBS Jun 27 RUBBER Futures (Ctosiag prices) RSS1 (S cents/kg) Close Vo(mm Open J*gj| Low Sett (tonwes) Interest Jul 03 175.75 Aug 03 168.75 Sep 03 161.75 Oct/Dec 03 158.75 RSS 3 (US c«its/kq) Volume Open Mowtti High Low Sett (tomes) Interest Jul 03 9925 1600 Aug 03
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  • 6201 11 Week ended: Jun 27 U-Wk Last Vol Mask LaM Quote Gfttv Otv GrtM Nat MCja Law Caw»—y S«l» CMW Lw> Nm i«—r Cw W M ABNAmroNLG S6c t 12 3.4 1388 16 9 ACE Dynamics20c 15.5 unch 231 16 15 15.5 16 100 129 153 21 9.5 AEM-Evertech
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  • 61 11 U-Mk UM Val WMk LMtQaM* GrtMv M» GrYld Mat MCjb H>» I— Cl m Sato W- r— t—r Cw HI SiJ 9600 19 Dxmandl US8780 3750 2700 r$OiUST«dl U***** 555 555 I5MSCI 5por» US555 1270 1200 I5S4P500 US8270 9650 8280 SKM US96S0 1670 1210 SHETT100 1495 -45 41
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  • 1741 11 124ft UN Vol Weak LMQmM GrfMv Oh GrYtd MM MCap I—i I— Cawpawy Ml W- r968) I L—» Buyer UAm Om HI 17 75 ABRHIdgsSc IS *1 799 15.5 MS 145 IS 219 25 IS APOil 5c 25 +3 5 4020 25 21 5 24 25 27 2.6
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  • 321 11 52-M Last M WMk MX GrfM* U« CrYW MM MCa I—I L—i Ciwpf Sate W- fH Ml I—r >■»» Mir Cur HI H 155 II AVJcnmngs A25c A155cd *4 9S2 155 149 1S4 155 40 3 4 6.5 9 3m Cathay Pac 20c HK720 265 21 74 6
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  • Page 11 Advertisements
    • 21 11 ROLEX Roy Eastern Watch Rolex Day-Date and Rolex Yacht-Master. Officially Certified Swiss chronometers Lucky Plaza #01/86-88 Orchard Road Tel: 6734 3139
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  • BizIT
    • 427 12  -  Estimated street prices range from $499 to $1,199 By Kenneth James HEWLETT-PACKARD has moved quickly to consolidate its momentum in the regional PDA (personal digital assistant) market with new models powered by Microsoft's just-announced Windows Mobile 2003 software for Pocket PCs. The
      427 words
    • 379 12 Reuters [NEW YORK] Two of the world's largest record labels plan to license their music to wireless phone company Sprint PCS in an effort to mine new markets to offset a slump in music sales, Sony Music and other sources said.
      Reuters  -  379 words
    • 275 12 Xinhua [BEIJING] An innovative scheme to pick the brains of the scientific world both at home and abroad has been launched by the Chinese government. With the intention of reinvigorating the country's science and technology fields by 2020, public input
      Xinhua  -  275 words
    • ONTHESHELF
      • 76 12 SU*S latest Tablet i ST4121, catches the h a 10.4-inch that is bright and 3th outdoors and s, thanks to its ive panel with front The ST4121 is x>wered by the new Pentium m 933MHZ-M, which is ptimised for longer battery life, and Wi-Fi connectivity is
        76 words
      • 55 12 CREATIVE Technology has added two more models to its stable of portable MPS players. The dark grey Creative Digital MPS Player LX200 comes with 256MB memory built in and retails at a street price of $809; the LX100, with silver casing and 128MB memory, goes for
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      • 97 12 JENESIS Technology, a local provider of network equipment and services, has launched the Jenesis IP Video Phone. The device supports voice and video over the Internet and includes a 5-inch LCD display and built-in camera and high-sensitivity microphone. Jenesis says the phone can be bought
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      • 50 12 HEWLETT-PACKARD has a new line of digital projectors, the HP Digital Projector vp6100 series, aimed at the business and educational markets. Hie vp6U0, featuring 800x600 SVGA resolution, is available now at an estimated street price of $2,999, and the vp6120 at an estimated street price of $3,999.
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      • 121 12  -  Compiled by Kenneth James US-BASED Symantec Corp has launched Norton Internet Security 3.0 and Norton System Works 3.0— both for Mac users. Norton Internet Security 3.0 for Macintosh includes Norton Antivirus 9.0, as well as Parental Control, which blocks websites inappropriate for viewing by children.
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    • 606 14  -  11 i comment INFOTECH The plan is to create an environment In which Its phones can thrive tang weng fai WILL Nokia become a software company? This question is not so far-fetched given the increasingly clear signs that the company is relying more and more on
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    • 518 14  -  Simon Lok&lso met EDB, IDA senior execs on investment opportunities By\ Leonard Lim A Visiting Speaker Programme organised by the Singapore infocomm Technology Federation (SiTF) to honour international luminaries in the infocomm industry kicked off last Thursday with security expert Simon Lok
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    • ITTAKES
      • 70 14 MICROSOFT has appointed Yong Yun Seong as its 00A (Overseas Development Programme) manager, based in Microsoft's HQ in Redmond. Mr Yong will head the IDA-led programme designed to provide Singapore-based companies with a contact point and direct access to new XML Web Service coming out of the
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      • 75 14 NASDAQ-LISTED Ilog Inc said that it will train eight Singapore-based individuals at its Paris and Silicon Valley facilities under the EDB's Training and Attachment Programme (TAP), an initiative > designed to train the next generation of highly-skilled knowledge workers for Singapore. The candidates, with degrees in
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      • 70 14 NOKIA said that it is now offering focused modules to help developers learn about new and existing technologies in mobile apps and wireless development "The new Nokia developer training programme will offer more flexibility and customisation for local requirements," Nokia said. "The instructor-led training oourses will
        70 words
      • 41 14 SINGAPORE-BASED CE-Infosys Pte Ltd is offering CompuSec, a PC security software that bars unauthorised users access to read tile data in hard disks in desktop and notebook PCs. The software can be downloaded for free at www.ce-infosys.com.
        41 words
      • 33 14 Altiris'regional sales head ALTIRIS Inc, which supplies systems management solutions, has appointed Beth Yap as its Asia regional sales manager, based in Singapore. Ms Yap was previously channels account manager with Oracle Corp.
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      • 33 14 NASDAQ-LISTED Polycom Inc has appointed Jeffrey Tay as regional sales manager for South-east Asia, based in Singapore. Mr Tay was previously Asia-Pacific sales director for General Electric Network Solutions.
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      • 41 14  -  ConpOedby Raju Chellam A SEMINAR on "Understanding information search strategies" will be held on July 1 at library@orchard. It is organised by the National Library Board and the Imperial College Alumni Association of Singapore. For details, e-mail Saravanan_TASIVERAN®nlb.gov.sg.
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    • 762 16  -  Five Singapore-based companies have formed the Web Services Alliance, said to be the first of its kind in the world. Rqju Chellam reports Raju Chellam FIVE Singapore-based organisations joined hands last week to form the Web Services Alliance (WSA) to offer busi-ness-related Web services
      762 words
    • 577 16  -  First detailed interoperability guidelines to be published by December Prom* Jennifer Lien in Silicon Valley YOU'RE listening to your favourite MP3 tunes in your car on your way home from work. On arrival, a push of a button on your car
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  • 1166 12 Compiled by Thomson Financial I/B/E/i. The stock the evwsge of sfl the rwommendrttonseubrnm*! RECOMMENDATION FORECAST by enafyststottowing the stock. Thereto a totai of 29 brokers submitting recom- COMPANY NAME THIS WEEK LAST WEEK EPS (<) PE (tfcnet) mefXMrooni dut noi every stock n twkww oy mi in® c§
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  • 844 12 Week ended: Jun 27 ifcdi«— m Otm nwfc m o— a^i AUgrean SOc 0.42 0 985 *0.005 NatStaai 50c 0 56 2 600 4&020 C*C 0.56 5.050 OCBC 877 10.200 *0.100 CapitaLand 1.15 1270 *0.020 (XX 0 5* 7.100 *0200 Owt SffraCond 26c Off 0925 *0015 Partway H 2Sc
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  • 570 12 BONDS WARRANTS LKt Vol Cam Eur Cut E J«KhI CMpmf *ar- f098> BH» Ma li l«ft AST1W*****1 35 1 16 41 2.46 12 Acma Ltd W*****6 2 0.5 31 1 SO 395 525 17 AmtekW*****0 715 J.5 146 1 33 3 141 24 Armstrong W*****0 43 1 77 1 10
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  • Page 13 Advertisements
    • 59 13 Delivering perfect sound. Bang Olufsen's innovations are desired all over the world—and therein lies the challenge. With HP technology powering everything from production to retail, B&O's single Denmark factory can meet demand 2 id the globe, delivering their products thfully as their products deliver sight and i. www.hp.com.sg/plus_bang-olufsen yj everything
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  • Page 14 Advertisements

  • Page 15 Advertisements
    • 72 15 v '*****38 x.-^». ®iiJBJ; aHff- Ws^Sfe* r t;?"■"■• HB^P; v BVCm IPii li« a 4 m?' -till B I &&t &k( I IwVr wT/ .jMI I i u. lit f- f %i.?g «<^ YmTPi Fm v .7 ifri 1 TwßßrHirß^^^^^l WiluSßiiSfeere|jßp»-3pW(B| ■HH I l BMBritwHWHßlMSii»Lg'.'> Wj| |u|^IBU■T m%■ |^t i:
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  • Page 16 Advertisements
    • 96 16 Feature rich telephone line NBX* Networked Telephony Select NBX networked telephony systems from 3Com to implement features such as voice mail, auto attendant and CTI in your business. Consolidate voice and e-mail with unique unified messaging. Build call centres easily and flexibly with the Call Centre Manager module. We've designed
      96 words

  • SHIPPING TIMES
    • 306 17 Contributed by Simpson Spence Young There is a bit of a summer feel to the market, which seems less frantic than recent weeks. However, there is still underlying purchase interest, especially for modern tonnage. A couple of Handymax bulkers have been reported sold: the Jasmine (built 1996) at
      Contributed by Simpson Spence & Young  -  306 words
    • 275 17 MX '000 Jen st w CWT Distribution 0.59 0.01 120 ChuanHup 0.41 0.01 662 CH Offshore Oil 0.01 741 Cosco Investment .-0.28 0.02 7365 Freight Links 0.06 0.01 277 GB Holdings 0.66 0.01 20 Jaya Holdings 0.36 0.02 4320 Keppel Corp 4.96 0.02 2849 K1 Venture 0.20 0.01
      275 words
    • 655 17  -  Forum told of urgent need to overhaul maritime safety system By Donald Urquhart [SINGAPORE] The partnership between shipowners and classification societies is "dead", according to the head of the American Bureau of Shipping who warned that urgent action was required to prevent the loss of
      655 words
    • 208 17 AFP [ROUEN, France], Nearly 50 rare ships have dropped their anchors in this French river port, where they are expected to attract nearly 10 million visitors in the next two weeks. The gathering, known as the Rouen Armada, brings together yachts, tall ships and
      AFP  -  208 words
    • 177 17 Govt to finance, build adjacent free trade zone Reuters [MUSCAT] Oman plans to build two berths and extend an existing breakwater facility at its port in the southern city of Salalah in a project expected to cost US$23B million, a port official said last week.
      Reuters  -  177 words
    • 281 17 Japan refuses entry to ship for failing to meet safety rules AFP [TOKYO] A North Korean vessel, barred from entering a Japanese port for two weeks as it failed to meet safety requirements, was eventually escorted out of Japanese waters, a
      AFP; AP  -  281 words
    • 126 17 Bloomberg [SEOUL] Samsung Heavy Industries Co, the world's thirdlargest shipbuilder, won an order to build two passenger ferries from Norfolkline Shipping BV of the Netherlands worth US$lBO million. The 35,000 gross tonne ferries will be delivered by the end of 2005, Samsung Heavy said.
      Bloomberg  -  126 words
    • 970 18  -  DOCKYARD -By David Hughes THE European Union's (EU) proposals to yet again accelerate the phase-out of singlehull tankers and ban such vessels from carrying heavy oils seems certain to come into effect in Europe soon and will be considered by the International Maritime
      FILE PHOTO  -  970 words
    • 198 18 PAGE 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 Eng Lee 6 ESP Lines 4 Far Shpg 5 Foong
      198 words
    • 13385 23 THEBUSINESSTIMES EXPORT EtA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number To BUENAVENTURA (BUN) 2059 Colombia To ABIDJAN (ABJ) 2003 Cot* D'lvoire 07/07 13/08 Kien Hung IRIS 023N 65-*****U3 07/07 17/08 China Shpg
      13,385 words
    • SHIPS IN PORT
      • 515 25 Vessel Voy Wo Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL LABROY 158 EBLS16 J12 A/SIDE 30/06 1400 LADY *****6 J16/17 A/SIDE 30/06 1800 OCEAN FRIEND V137 J10/11 A/SIDE 30/06 1500 TANGQUAN 165 J8 A/SIDE 30/06 0800 ASIA CEMENT2 867 J23 30/06 0700 02/06 0500 ATLANTIC OC ***** J12 30/06
        515 words
      • 2009 25 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vessel Out In Bth Berthing Un- Berth Name Voy Voy seq berthing Nmbr ACX DAHUA 063N 063N 1 *****003-0800 01 <07/2003-22 00 AO mfflts 079S 079S 1 01/07/2003-0700 0107/2003-2000 ALAMiAYA 2 8851 8851 1 3006/2003-0800 **********00 P03 AMERICA SEN 947E 947E 1 *****003-1800
        2,009 words
      • 135 25 Jail China:Communist Party. Hongkong: SAR Estab Day. Thailand: Bank Holiday. Jul 14 France: National Day. U Kingdom: Orangmen's Day. JnllS Brunei: Sultan Birthday. Thailand: Buddhist Lent Day. Jul 17 S Korea: Cons Day. Jul 20 Japan: Marine Day. An| 1 China: Founding Chi PLA. Aug 4 Australia: Picnic
        135 words
      • 828 25 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesired stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
        828 words
      • 512 25 Carbon 180 Mai 991.0 02 15.7 0.07 45 0.02 J«n 26 Density Water Residue AshAlumlniuw Sediment No above E25 0 0 1 0 0 0 380 AM 986.5 02 15.0 0.05 20 0.02 tiw 380 Mix 990.8 3.0 17.4 0.09 68 0.08 K/Ifl M/M M/M mi
        512 words
    • AIR & LAND transport
      • 849 26 Federal security screeners caught stealing cash, belongings LATWP [WASHINGTON] When John Latta flew to Reagan National Airport from Miami last month, he discovered that a US$l,OOO pair of binoculars were missing from his checked luggage. "What can I do?" he asked
        LATWP; AFP  -  849 words
      • 255 26 It plans to ran short-range small-capacity flights Reuters [HONG KONG] CR Airways became the third Hong Kong-based commercial passenger airline using airplanes, after Cathay Pacific Airways Ltd and Hong Kong Dragon Airlines Ltd, the company and the government said on Friday. CR Airways,
        Reuters  -  255 words
      • 168 26 AFP [COPENHAGEN] A Danish court fined Irish low-cost airline Ryanair 20,000 Danish kroner (*****2) for illegal advertising. The court determined that Ryanair had published 11 ads offering rock-bottom fares where two different prices were given: one, in bold print and large letters, excluding taxes, and
        AFP  -  168 words
      • LOGBook
        • 96 26 AFP l yAuuwutj l ne entire ueet 01 Cameroon airlines was grounded on Saturday after a court decision over unpaid debts, Camair employees said. "The planes have been grounded here in Douala since this morning," a Camair agent said from the international airport in the
          AFP  -  96 words
        • 73 26 Bloomberg [AMSTERDAM] KLM Royal Dutch Airlines NV, Europe's fourth-largest airline, will resume flights to Baghdad from Sept 1 for the first time in 18 years. KLM will schedule four round-trip flights a week between Amsterdam and the Iraqi capital, with service probably offered "in
          Bloomberg  -  73 words
        • 86 26 Bloomberg [NEW DELHI] Indian Airlines will set up a unit for airport handling services after the government said in April it will permit only state-run companies to undertake aircraft ground handling starting July 1. The board of the unprofitable state-run airline approved the proposal, it
          Bloomberg  -  86 words
        • 95 26 Reuters [CHICAGO] Boeing Co said on Friday that aircraft lessor GECAS placed an order for four 777 widebody jets to lease to the Dubai-based airline Emirates. The deal follows Emirates' announcement of a gigantic aircraft order at the Paris Air Show. On its website, Boeing
          Reuters  -  95 words
      • 41 26 [MUNICH] Hans Rudolf Woehr I, head of clothing company Woehrl, poses in front ofthefvntail of a Boeing 7370f German airline Deutsche BA on Thursday. From tomorrow, Mr Woehrl is the sole owner of the airline. AP
        AP  -  41 words
      • 309 26 It plans services to Bangkok, Singapore and KL: report AFP [YANGON] Military-ruled Myanmar's second international carrier United Myanmar Airlines (UMA) is scheduled for launch in mid-August, a media report said. Hong Kong-based Sunshine Strategic Investments and state-owned domestic carrier Myanmar Airways are to
        AFP  -  309 words
      • 1799 26 em fi#HT n* aiem no MUU BOW 1625 BG85 1745 UM 8A7381 1840 8A7382 2215 or»i *40 omm DaM $0403 0775 0049 0030 6A975 0855 HUM 2255 tMW tM05 Z| AttMns S0348 0100 »404 2325 UM LH9617 1845 *228 2020 LH9762 0635 8A7305 2250 N223 1845
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  • Page 17 Advertisements
    • 22 17 I Theft from luggage adds H to US security agency's woes BACK PAGE CR Airways becomes HK's third passenger airline back page
      22 words
    • 363 17 SOUTH EAST ASIA AND SOUTH ASIA AUSTRALIA TRADE FACILITATION AGREEMENT NOTICE TO TRADE PEAK SEASON SURCHARGE In 30 May 2003, the following Lines in the South East Asia and South Asia/Australia Trade Facilitation Agreement informed the trade that in order to maintain the level of service demanded during the peak
      363 words

  • Page 18 Advertisements
    • 879 18 I TO USA/CANADA I I EXPORT 1 1 OTHER DESTINATIONS I IVBSB [vOY TO AUSTRALIA (AUBTRALIA ASIA EXPRESS) PCONQNIOYDSTUYVBANT 17E27 01/07 02/07 I 11/07 72/07 25/07 23/07 73/07 ?i/D7 ypsa VOT TOSM PRO HI IM. ST> IMB AM (XKL LONG KACH 01E38 01/07 01/07 I 75/07 71/07 01/W 30/07 30/07
      879 words
    • 436 18 Linn jerv»c« raprwartad by n f th« Mambar*oflheß«gi#yof —>. £0? AcoedHed Aganh, x°».t y Singapore Shipping Association j CONUHOS/ CONVBITKMAL CARGO PORT UANG/SMGAratt/iAUUm t IMGKOK VOT ETAPKL ETA SIX ETA MALE Maid Star 540 A »r 14*7 Kmpm*Llh (HOI IW7 lit? 84/17 UU MARINE SERVICES SINGAPORE Pbunr (334 TM* UWMI
      436 words

  • Page 19 Advertisements
    • 1316 19 TO EUROPE FROM EUROPE Ivesa Ivors* or rtm aim ham nv sou uh [[rasa |w raw hw w sou ta ail HYUNDAI MGHMSS 344* 30/0612/0711/07 20/07 22/07 16/07 HTUWAIFMOM 313E 07/01 10/06 12/06 M/ 06 21/06 APIKELANO 104W 03/07 23/07 25/0721/07 MOWOMMNa ONE 1M» U/» |VJ} Manure 009#04/0716/07 21/07 23/07
      1,316 words
    • 1511 19 INIADI Of SERVICE PROM SINGAPORE TO BUCK SEA VIA PORT IW OMtAOKRAMD 19 DAYS ■JIWfH lUMB 20 DAYS GINitAl AGENTS IN SMOAPOtE 10 NMNSOH IB fll-M SALES/KG* TIL MNSIS7/43 FAX: MJISJJI/J4 I rAMCTAHTTi (BAMAilil n ftAVC COSTAR SHIPPING RTE LTD SMGAPOMOMIM outwoob/u MNSMI «USMS/;S I WIITMTU (IOUIU) Z3 DAYS fl(s>
      1,511 words
    • 516 19 rasa _*ot_ sin_ jkt hkg iwh t* cth rus rasa vot sin jkt su» hkg usn rus imc HYUWDAJ VLADIVOSTOK 124S 2/7 5/7 10/7 H/7 14/7 14/7 14/7 KMTC PUSAW 310S 4/7 f/7 10/7 14/7 10/7 20/7 20/7 MY PROGRESS QMS »/7 IZ/7 17/7 11/7 21/7 73/7 23/7 KMTC SWGATOtI
      516 words

  • Page 20 Advertisements
    • 1220 20 HYUNDAI MERCHANT MARINE CO., LTD. HiMip ago: wwwlnhm7l.com <1 NO. **********011 |vßsa ~W TT sou] i« rtm ant ham mv |vtssa vot sou 51 rtm ant ham lav TIT MOl SOLUTION 013W 27/06 11/07 10/07 14/07 IS/07 Aft CYFVM 11K 02/06 M/M 06/0* JS/06 HY HIGHNESS 344W 30/06 22/07 16/07
      1,220 words
    • 1162 20 WAN HAI MTBtNATIONAL PTI LTD a Nft ***********/ I Vr./l .Hill Mil THj***** SSI (14IMS) FAX:*****1*3 VW\WAN HAI LINES sssssassssssss-. Y* BMH:ivisiwz]NULiPmi«nisaiiLitii)otMnNULini)2m7ivni» —L-. OCT TH. (#7ll **********1 S2S47MRM W. 7143M/*****1 HUL-71U71 m »MI 41g*»Mfc »41) 41HV4141W4 Ivtsa Iwr I Slw m m m am m mc rwr m no wm
      1,162 words
    • 170 20 Rl PBtUSAHAAN PBMMRAN 1 KALIMANTAN 1 DIKICT WIIKLY SIHVICI TO JAKARTA/PAIiMIANC /DUNUU I *md 1 J»T IriAWt h«MI H UOMAMI 44/43 44/47 44/47 13/47 I na—n air mi im wir 1 MfliM M/ll 14/17 11/17 W/17 SUtAMYA/PANJANG I 1 v«mi I»w sw sin mn |CI WACA |IS/l3 li/47 1/17 11/17
      170 words
    • 652 20 BSA -l MYANMA SB FIVE STAR UNE (Mvohmt NatlMd Um) Lo«dia| far Y«|m vtssa vor sin m pen poo PAGAN 306W at HPA-AN N7W SIS IN MALAYSIA: OOUSTIAD SHIPPING AGtNCKS KUL 03-*****300 PU: 03-317M101 PIN: 04-*****02 BANK LINE (A Mnrkt Aadrtw Wtlr SUpptaf) I nomthmound to iu«opg~] V CONttMR, RORO,
      652 words

  • Page 21 Advertisements
    • 1082 21 Ivissil VOY "KHH HKO SIN Htl PXi I iA»I PMMJ UK IRAN TIHRAN PCL 111 01/07 02/07 05/07 06/07 13/07 14/07 30/07 22/07 UNDAVIA PCL 319 0«/07 09/07 12/07 13/07 20/07 21/07 27/07 29/07 IRAN KIRMAN PCL 320 15/07 16/07 19/07 20/07 27/07 2S/07 03/0* 05/09 IRAN ISFAHAN PCL 321
      1,082 words
    • 566 21 i I UK CONTINENT SERVICE Loadngfor GULSER ANA ROM/ATW/BMN/UK/NAN EVANGEUSTRIA RDM/ATW/BMN/UK/NAN Loads Singapore, E/W. Malaysia. Indonesia MIDDLE-EAST SERVICE Loading for J SAFE DBI/ABU/DOH/BRN/DMM/KWT LOK MAHESHWARI JDH/AQA PAN BRIGHT ADN/HDO/JDH/AQA APJ ANJLI DBI/ABU/DOH/BRN/DMM/KWT Toads Singapore, E7W. Malaysia Indonesia USA SERVICE Loadvig tor QUI GONG JINN CAM/NFK/SAV/NOL PAN DYNAMIC VCW/LAX/MZL •Loads E-/W
      566 words
    • 1227 21 Vtssa ffl rn Efil JS&fi m m *r paoampa owm 01/07 pi/07 jtum WL filZflZ SUM. PA( IANPA own 02/07 BJZSZ_ JtSJMM 55 SkISL MZfIZ -EAUAWA MU* 03/07 04/07 rMSUUI JMJ l|/jjZ_ PACIANPA own os/07 M/ 07 p*omn ww 13/97 i?/07 jMjtm BUM— bzziz q mi ■^■nffinrßniHH PACIANPA 09MN M/
      1,227 words

  • Page 22 Advertisements
    • 571 22 TI6H MIDGE MSN 04-05/07 11 13/07 lHf/07 I TIGER SHARK OWN OMf/V 15-17/07 72 23/07 I TIGBSKY 097N 11 12/07 11-20/07 2S-26/07 I TIGER SEA OWN 15-14/07 2224/07 »30/07 I Treaißo6^^oWl^lJWo7^^2«7/o^^ol^^| Imsa— VOY W ipies renown ilo *****8S 1****** I DALIAN *21 30-01/07 04-01/07 17-11/07 I TKEISniN6 490 044)4/07 1
      571 words
    • 1050 22 FREIGHT LINKS EXPRESS PT6»LTD^ 51 Penjuru Road, 3 Level, 1 re Links Express Logisticentre, Singapore *****3 E-mail: flesin@singnet.com.sg LCL SERVICE TO CEEU. PHILIPPINES VESSEL APL NINOBO V.012E ETACEBU JKHHK 6267# --J 5565/4694/5535/5580/5541/5508/5569/5560/5563/5514 PROJECT Cr HEAVY LI FT CARGO (CONVENTIONAL £r RORO) Lawrence Lim 6267 5555. H/P: 9749 1977 lawrence®fl«in.com.sg Adrian
      1,050 words
    • 1194 22 I Tit? IPDZ LINES I #i/ I" CUSTOM SOIVW: TO: 02-4271-5544 FAJL 02-4717-4140 I ***<— I SMIGAPOti: TOWC JOO SHIPfWG Of UP bdfc I HJMGA WAS I 3137 01/07 GEHB. *****01/07 16.(HWm|3013 03/07 S.MAXMM 30JS 05/07 06/07 NNGAMSS MIS 04/07 GISENG 3031 03/07 06. CEMMAA 7 1077 00/07 GUONG 1001
      1,194 words
    • 265 22 BREAKBULK A CONVENTIONAL SERVICE DIRECT SERVICE FROM S'PORE TO KARACHI Ivtssa. VOYAGE ETAS>NGAfO«E tTAmUOTI MUim mm oyo7/Q3 15/07/03 SEA-PAC MANAGEMENT PTE. LTD. 70 Anion Rood *17-07/06 Apu Towar, Singapore *****5 IJLJ T«Uphon«: 6270 0977 VII Factimil*: 6275 2309 Tafejc RS ***** SIAPAC MRgg SIN NAMPO, PJJL KOREA 1 VESSEL VOYAGE
      265 words



  • Page 25 Miscellaneous
    • 119 25 j FOR 7AM 30 Jun 2003 Issued by Meteorological Service Division,NEA LEGEND: 7 Thunderstorm Wind speed symbols showers Full circle w/o line indicates calm or light and variable winds R a i n One half fleche represents 5 knots Cloudy Day One full fleche represents 10 Knots x Hazy A
      119 words