The Business Times, 21 July 2003

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Total Pages: 30
1 30 The Business Times
  • 15 1 MtTA(P) 024/03/2003 85* t THE BUSINESS TIMES SINGAPORE Internet http://business-times.asial com.sg MONDAY. JULY 21, 2003
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  • 809 1  -  l-lri exclusive 56% are oat of the money as at Jnly 11, against 74% at end-2002 By Angela Tan [SINGAPOREJ More and more stock options are emerging from a long drought. Thanks to the 14-per-cent rise in the Straits Times Index since January,
    809 words
  • 600 1  -  l-lri exclusive Bu Loh Hui Yin [SINGAPORE] Singapore, which kept its position as the seventh largest foreign investor in China last year, can expect business and economic ties to deepen with the establishment of a council for bilateral cooperation. Zhang Jiuhuan,
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  • 63 1 Week Change STI 1580.96 ♦*.12 KUBOMP 718.52 -7.38 NIKKEI 225 .9527.73 -107.62 HAMi SENU *****X4 ****** WMP MM »8.65 JAKARTA OMP .525.50 »08l MANILA COMI' -.1284.99 +14.22 TAIPEI WPI 5287,18 *47.42 SEOUL COMP 699.15 -4.H0 SHKNZHKN B .229.98 *2.52 AI'ST AM. OKI) :MtW90 .4110 DOW JONES 9188.15 «4UI NASDAQ
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  • 86 1 FOREX RATES US* I S$ (SS pfr I SS) 1763 £(l 'SS/SS prrX)_ 1 596 ±813 ETRO(l SS/SS/E) 1.122 1578 YEN 119.0 67.50 R* 3.800 1156 HK$ 7.799 4.425 HAHT 41.75 2369 RI'PIAH WIS 4.718 RENMINBI 8.299 4 709 INDIAN R1PEE 46 25 2624 AS 1540 U.K74 NZS 1733
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  • 645 1  -  AIA raised an alert in 1974 bnt later allowed clients to name beneficiaries By Genevieve Cua {SINGAPORE] AIA had as early as 1974 raised an alert over the unwitting creation of irrevocable trust policies when policyholders named beneficiaries for insurance plans.
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    • 646 2  -  Bull ran seen charging on if companies upbeat about second half From Andrew Marks in New York THIS is a crucial week for Wall Street. It's the busiest earnings week of the season, with one-third of S&P 500 companies unveiling their quarterly
      AFP file photo  -  646 words
    • 788 2  -  l-i i comment ECONOMICS vikram khanna INDONESIA'S economy has not only recovered from the ravages of the Asian crisis and other tragedies; It Is even beginning to look robust. This was not supposed to happen. After all, Indonesia is supposed to be
      788 words
  • Page 2 Advertisements
    • 285 2 Patent "Prevention is better than cure." More so, when from germs. It's peace of mind when you are BBBBBWi the declaration of being SARS free does not protected by AZEN ANTI-GERM Air Sterilizer. mean that SARS or other deadly pathogens |HBbMB^B| may not strike again. AZEN (Azechem Germicidal HERA UVGI
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    • 1 2 adv
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    • 96 2 SWITZERLAND-LIECHTENSTEIN-AUSTRIA-LUXEMBOURG BY EXCLUSIVE APPOINTMENT ONLY 'An exceptional opportunity to learn about the secrets behind the wealthiest individuals in the world today the qffshore strategies they utilise to create loealth' Offshore Business Loans, Project Financing IPO's Business Linked Migration (N. America, European Pacific-Rim countries, etc.) The Purchase of International Real Estate
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  • SINGAPORE companies
    • 681 3  -  It plans at least six more mainland offices in next few years By Loh Hui Yin DBS Bank wants to grow its China business organically as well as look for investment opportunities there, such as acquiring a stake in a Chinese bank. The
      FILE PHOTO  -  681 words
    • 694 3  -  HocKtmmm r sivanithy HEDGE funds have been around for several years now and despite mounting evidence that they are no riskier than ordinary unit trusts, retail players still view them with great suspicion. This is a pity because as some in the industry have noted,
      694 words
    • 334 4  -  It leases unnamed 19-storey block for $300,000 a year from the Hakka dan for 12 years By Vince Chong CAPITALAND'S listed serviced residence arm Ascott )ias added another 32 units ,to its Singapore portfolio of some 650 apartments, having leased from the
      334 words
    • 324 4  -  Group chairman, 2 Sushi Deli management members boy firm By Daniel Boenas BOUSTEAD Singapore, whose bread-and-butter businesses are engineering services and information technology, has signed a deal to sell its loss-making Japanese food company Sushi Deli. Food became a non-core business of Boustead after
      FILE PHOTO  -  324 words
    • 278 4  -  By Daniel Boenas MAINBOARD-LISTED electronics distributor WillasArray Electronics plans to ride the trend of companies in South Korea shifting their operations to China. Lawrence Leung, chairman of the Hong Kongbased company, said although South Korea accounted for only about 5 per cent, or around
      FILE PHOTO  -  278 words
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    • 6 4 y 4^^^^QM^HjHHHfl|Xw|^^HHE|MHH^^^^^S^^^UpHß4jPHpHvl JPi/* i jHBV .^H^.
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    • 216 4 rA K PLAS Holdings Limited (Incorporated in the Republic of Singapore on 9 January 2003) Invitation in respect of 19,500,000 New Shares of $0.07 each comprlsing:(1) 1,500,000 Offer Shares at $0.24 for each Offer Share by way of public offer; and (2) 18,000,000 Placement Shares by way of placement, comprising:(i)
      216 words

  • SINGAPORE news
    • 578 5  - The building blocks of business using Lego New communication technique can help managers explain complex ideas By Kenneth Lim COLIN Tan stands up before a class at about 9.30 am on a Tuesday and holds up his Lego creation. The colours don't match and the work looks like it was
      CHRIS LOH  -  578 words
    • 534 5  -  By 1 Tay Shi'an A SECONDARY school life sciences lab has ventured into tertiary level, commer-cially-orientated applied research, and is looking for interested collaborators to come in with manpower and funding to further the research and bringing it up to the clinical trials. Dunman Secondary,
      CHRIS LOH  -  534 words
    • 294 5 3 on the economy visitor arrivals Reuters SINGAPORE is showing further signs of recovery after the deadly Sars outbreak with visitor arrivals estimated to have risen 42 per cent in July from June, a Singapore Tourism Board official said yesterday. Deputy chairman and
      Reuters  -  294 words
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  • SINGAPORE markets
    • Article, Illustration
      309 8 OTHER SINGAPORE INDICES Jul 18 VALUE CLOSE iTOMK 735.00 +63.00 BTQUW -*****.00 +86.00 -*****.00 +73.00 OMBEidbw 425.78 -0.73 153.12 +1.20 Mt+Mmr* 1348.77 -8.27 tQrtrfHwhip 396.74 -2.94 madman 195.08 -0.78 MMSOW—i 194.90 -0.70 Hoda Vofcua Intenra 5c 590.939.000 IPC020C 530,643,000 HortaonEduc 5c 325,362,000 Reed Grp 5c 225,047,000 Chart SemiCond 26c 213,940,000
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    • 258 8  -  HOT STOW WARRAMT By R Sivanithy IN a hot market, trading themes are at a premium. It isn't absolutely essential to have a theme to justify playing up a stock, but it sure helps because punters are always on the
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    • 762 8  -  I-I I comment STOCKS r. sivanithy IN the Singapore stock market, it's been taken as a given that "foreign" is always better than "local". Recall, for example, that when shares of key stocks like SIA, SPH and the banks were split into Foreign and Local, it
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    • 607 8 Ten hit by fears of BOJ intervention. Anssie unit slipsasHßarSßwi AFP [HONG KQBMMMrtMie'ttffwneteftgave up ground against the US dollar over the last week following mildly positive economic data in the United States. Japanese yen: The yen lost ground against the greenback
      AFP  -  607 words
    • 160 8 T *1 z. r tut 04M MM* I. r «j» tut tErxr »2n' 3*4*1* r urn Wm Oaak f m MM JW i n j »is iu« mm i an m» *4* i k f IM 9Uk« »JM« ftf* k 11# IM* mm. f <W^PVW I.* 4» n**
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  • 46 8 UNIT TRUSTS FUNDS LKMOe 0M prka an Mcatfva anpt tor U MnggK AmMx Broader DnMnitat I Nmwty Focund; S Low* Wric low MadkimltMc A MadkantoHtgh Mate Mghar RWc oparvandad: Mar* wMvWon of jmts Afiar wkdMan of unik aflar nodi »pfct H-A- Won Piling Day Boor htaSHJIS
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  • REGIONAL news
    • 826 10 PUTRAJAYA, Malaysia Mahathir also says economic privileges for ethnic Malays will continue AFP MALAYSIA'S five-year-old currency peg is set to be a legacy of outgoing Prime Minister Mahathir Mohamad, who describes it as a "long-term solution" to fight manipulation by rogue currency
      AFP  -  826 words
    • 677 10  -  ~-\i comment KL STOCKS FDI down; investors wary with US-lTsia ties strained, impending PM change eddie toh THE Malaysian stock market staged one of its best performances earlier this month but the gain is still unimpressive compared to runaway equity prices on other
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    • 309 10 KUALA LUMPUR Reuters MALAYSIA may issue bonds worth RMIS billion (Ss7 billion) to finance a mammoth railway project which will be part of the planned trans-Asia link, the Edge weekly said yesterday. The project requires Malaysia's existing rail network to be electrified and converted to
      Reuters; FILE PHOTO  -  309 words
    • NOTEBook
      • 88 11 AFP [KUALA LUMPUR] A Malaysian state is seeing red over its ministers and senior officers who played golf during office hours, a report said on Saturday. Musa Aman, chief minister of Sabah state, was quoted as saying by the New Straits Times that
        AFP  -  88 words
      • 80 11 AP [NEW DELHI] The Indian central bank has eased some controls on the amount of money Indians can takp out of the country. Until now, Indians had been prohibited from taking more than US$5,OOO when travelling overseas. They were limited to sending US$3O,OOO on their
        AP  -  80 words
      • 92 11 AFP [JAKARTA] Only four of 15 European Union states will send full ministers to a two-day meeting this week with their Asian counterparts. An EU diplomat acknowledged Europe is preoccupied with domestic problems and the Middle East but insisted that its commitment to forging
        AFP  -  92 words
      • 81 11 Reuters [KUALA LUMPUR] Tenaga Nasional said on Friday it hoped to complete the sale of a stake in the country's largest coal-fired power plant in October. Tenaga has been discussing the sale of 40 per cent of the 2,420 MW Kapar station in
        Reuters  -  81 words
      • 43 11 Reuters [KUALA LUMPUR] Malaysia said on Friday that it is looking to shift research into new areas. International Trade and Industry Minister Rafidah Aziz said the government would spur research in areas such as nanotechnology, optoelectronics and photonics.—Reuters
        Reuters  -  43 words
    • 221 11 BOMBAY Reuters THE International Monetary Fund (IMF) has suggested to China and India to adopt a more flexible exchange rate policy and wants Asian countries opening up to the world to follow suit, its economic adviser said on Friday. Kenneth S Rogoff, on
      Reuters  -  221 words
    • 549 11 BALI They include ConocoPhillips' USsl.sb pact to serve Singapore's Island Power Reuters NATURAL-GAS supply deals worth US$3 billion were signed in Indonesia on Saturday, including one by ConocoPhillips to serve Singapore's Island Power which is building a new power station for 15 years beginning
      Reuters  -  549 words
    • 558 11 HONGKONG Endorsement by Beijing may mote clamonr for more democracy for now Reuters HONG Kong stocks are poised for gains early this week on upbeat US economic news and a relatively calmer political environment after Beijing's weekend show of support for Chief Executive
      Reuters; REUTERS  -  558 words
  • Page 10 Advertisements
    • 74 10 LOOKING FORTHE NEXT BIG IDEA? World Premier Event for Enterprise, Innovation and Technology PQIR www.globalentrepolis.com enquiriesQglobalentrepolis.com Global Entrepolis w J Tel: -65 683? 6233 Fax: -65 6336 3845 Singapore Singapore A S//// CRT AT IV [I osim |®iTREND Hi <7?S> Technologies 1 LKi_/\mVl. |rj| Q nsn roc.f.c Internet ideas for
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  • Page 11 Advertisements
    • 133 11 Lianhe Zaobao I Well known I I Mainland dishes I I Taiwanese I I appetite I I 10k I Call toll-free 1800 289 8822 UNITED INDUSTRIAL CORPORATION LIMITED (Incorporated in the Republic of Singapore) LOST CERTIFICATES Application has been made to the Directors of the ahovenamed Company to issue duplicate
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    • 75 11 Wz MB ii e*&Sop~* r rJ*-: ~y v .;> .VT B a£ 1 Outperform with a Sharp Mlad If orf contains all Hm vital wtiwwutrlwti mi<i< to traty your mind •harp and aloft. Its Miiaus farmvlaHan of 9 j AC Vitamins plus otfcor ssisaHal mineral* is ■yclaSy taWar>d to Kolp
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  • WORLD news
    • 485 12 SAN FRANCISCO They allege media giant inflated stock price by overstating ad revenues Reuters TWO of the largest US pension funds have sued AOL Time Warner Inc, alleging the media giant inflated its stock price by overstating its revenues. Calpers, the California
      Reuters; BLOOMBERG FILE PHOTO  -  485 words
    • 230 12 NEW YORK Bloomberg IT MAY take a couple more quarters before there is a bigger pick-up in sales of comput-er-related gear, Dell Computer Corp chief executive Michael Dell said on Friday. "It will take a few more quarters for dramatic improvements and for
      Bloomberg  -  230 words
    • 450 12 Recovery limited to those hurt by biased stock research Bloomberg INVESTORS of 32 companies are the "most suitable" to apply for a damage fund set up by Wall Street firms to settle an investigation of biased analyst research, the Securities and Exchange Commission said
      Bloomberg  -  450 words
    • 293 12 CRAWFORD, Texas LAT-WP AFP PRESIDENT Bush will embark on a month-long economic sales tour on Thursday, with Democratic presidential candidates charging he has little to sell. Statisticians declared the recession over last week, and some analysts contend that the bull market is back on
      LAT-WP; AFP  -  293 words
    • 463 12 Xinhua Reuters [WASHINGTON] US Federal Reserve chairman Alan Greenspan is among the senior American citizens whose incomes have been hit by the dropping interest rates over the past few years. "Senior citizens appalled by the skimpy interest on their savings can take
      Xinhua; Reuters; AFP FILE PHOTO; REUTERS FILE PHOTO  -  463 words
    • 374 14 GENEVA It reflects lack of consensus on new market-opening measures: chief Bloomberg Reuters A DRAFT document for the World Trade Organization's key September gathering demonstrates the lack of agreement among member countries on new marketopening measures, the chief of the WTO's
      Bloomberg; Reuters  -  374 words
    • 211 14 SEOUL They oppose receivership and clash with domestic lenders Reuters [SEOUL] Opposing a proposal to put SK Global Co into court receivership, foreign creditors of the insolvent company yesterday warned that South Korean business could pay more for loans and
      Reuters  -  211 words
    • 221 14 PARIS Reuters THE world's top steel producing nations failed on Friday to agree on how to cut state subsidies. There had been hopes for an accord on cutting subsidies ahead of the next round of World Trade Organization (WTO> talks in
      Reuters  -  221 words
    • 591 17 Having tke old boss around is a redpe for trouble: observers NYT [NEW YORK] After Sanford Weill passed the traditional retirement age of 65, his refusal to discuss succession at Citigroup started to worry shareholders. Five years later, Mr Weill has finally allayed their concerns
      NYT; BLOOMBERG FILE PHOTO  -  591 words
  • Page 12 Advertisements
    • 137 12 ¥*7i_ j. j» i jJL i Diners Club Credit Card r.^y,^*****980 Where to wine, dine and entertain... privaeBra Tre ts (gussa. ~Ej $5.80 Nett Per Item Vr With FREE Choice of One Coffee/Tea/Soft Drinks or Chin Chow Oyako Don (Chicken Egg with Rice) Penang Fried Kway Teow Slice Fish Hor
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    • 84 12 Wh.n you want a perfect (toft to mo roit o< your IMo. tt to tho oxporttl Call our HOTIINI Uli I OS J to tpoak to our Woddlng Ptannora and And out how you can havo a portoct woddlng cotobratton right horol Hoavonty Mm Banduot Chotco of (-court. Chtnox Dtnnor
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    • 11 12 Advertise in Wine, Dine Entertain of The Business Times. f I
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    • 35 12 MERITUS MANDARIN SINGAPORE MULTI AWARD-WINNING MANDARIN CHICKEN RICE Come, savour Singapore's favourite dish and other delights anytime. Reservations: *****291 Cofftekoa** MERITUS MANDARIN 333 Orchard Road. Singapore *****7. TW: *65 6737 4411. Fax: +65 6732 2361.
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  • Page 13 Advertisements
    • 821 13 1 With increasingly intense global competition, I moma^^jumoeaner International Enterprise Singapore (IE Singapore) has U fcl JIU I I /£fai2oo2 winner identified design as of the three I ift competencies critical to a firm's international business in r j I tai success (the other two competencies being branding and manpower).
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  • Page 14 Advertisements
    • 1481 14 |Q PRESSCRETE HOLDINGS LIMITED I (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING Notice is hereby given that an Extraordinary General Meeting of the members of the Company will be held at 31 Changi South Avenue 2, Singapore *****8 on 12 August 2003 at 3.00 pm for
      1,481 words
    • 691 14 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF CCC NETWORK SYSTEMS PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) Extract of the Minutes of on Extraordinary General Meeting of CCC NETWORK ST>itMSPTELTD»gnedbylheßepieieiiMi»e of the Holding Company pursuant to Section 1/9(6) of die Companies Act. Cap. 50
      691 words
    • 864 14 (J) Fleetßoston Financial (Incorporated in the U.SJL with Limited Liability) FLEETBOSTON FINANCIAL CORPORATION Consolidated Balance Sheet (dollars In minions, axcapt par shars amounts) Dece ber3l 7ZZ rjj! CONSOLIDATED STATEMENTS OF INCOME (dollars in millions, except per share amounts) ASSETS Years Ended December 31 2002 2001 2000 Cash or equivalents NET
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  • 7 15 Compiled by Thomson Financial I/B/E/&
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  • 716 15 Week ended: Jul 18 *W SOc 043 10S0 MM* CU lm OK 0* SJ30 03C ua tun «N0 CapitaLM in 1JH -ODD OUK Ut yjm «w Owrt fetrtCond Xc ia Ills •OOX) FwfanerHflt IM UB1 <4001 OfrOorMc in «JM -OSB Pwattl tart HOOc LS 1,070 .0010 CI. Ii ac
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  • 539 15 BONDS WARRANTS Laat Ml Cm* Emm 'mk Gmt %h c—pwr sale h>- (Ti imii ww mi AST1WM0621 1 -1 377 1 16 12 213 11 Aotvi Ltd \M>***** 15 unch 465 1 50 348 767 16 Amtek W*****0 50 2 385 1 33 141 23 Armstrong W040S20 S 1 2287
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  • Page 15 Advertisements
    • 187 15 V. 'r-i *> >; V Microsoft t '/-si "<Y 'v. > ;,v, J| |fc 9 BL <• r J9 Securing your 5000-user network requires a team of 10. The "team" is you. Introducing Microsoft Windows Server 2003. Do more with less, j *^5!®|| you're being asked to do more. You're
      187 words

  • 872 16 COMMODITY Weeklyßoundup AFP [LONDON] Oil prices fell back last week as a hurricane in the Gulf of Mexico caused only minor disruption to oil activities in the region and worries about the low levels of US gasoline stocks eased slightly. Among the metals,
    AFP  -  872 words
  • 723 16 FINANCE COMMODITIES Week ended: Jul 18 SDfOAPORBOOVBRMMBltTSEClJRrnBSnfPICATIVBPRICBSAMPTIHLPS Met Prte* TwCw OO TTM K OWf TwCww WtarttT U* V TII 9U Off* 5YR 5.125 01-S«9-03 N*****1X 0.77% 0.448% 100.66 100.71 10YR 5.625 OI-Jnl-08 KX*****H 157% 1.55% 119.35 119.45 5YR 3.500 OHtWM N*****0H 0.63% 0.539% 101.63 101.68 10YR 4.375 NX*****S 166% 1.65%
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  • 1530 16 SIOOMFOTUEBS Julia RU8KRFatwn(Ctatag prices) RSS1 (S cents/kg) Clou Vohmo OpM Mowtfc High Low Sott (tonnes) Interest /teg 03 177.00 Sep 03 170JO Oct 03 169.25 Nov 03 167JO RSS 3 (US cents/kg) Volume Opon f.ll <A > Montfi hiqh low mr (towns) int#nsi Aug 03 9975 99J0 99J0 400
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  • 6 17 Week ended: Jul 18
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  • 1726 17 U-Wk Last M WMk tMQ—i MM* Ok) GrVM IM MCa »«li I— Conyaiiy W- r— I—I I—i >w M» Cw m OH 24 75 ABRMklgsSt 215 *1 9781 24 205 215 22 415 30 IS AP 0.15c 20 *25 5337 30 255 275 21 21 N2 6 3J
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  • 325 17 524* l*t V<X Ml LMQhM fat* Ofcr fa*W tat MCap I—I u» [imn Sta w- fW9> I—i I— Nwr j*r Cw f* imi 160 »1 AVJfnmngi A2Sc A145 -4 316 153 143 144 145 40 34 6.9 M 312.1 Cjttoy Pac 20c HK720 265 2.1 74 6 243(62
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  • Page 17 Miscellaneous
    • 188 17 CRYPTIC CROSSWORD of ttie g—^^— northern region (7) 10 This speech starting during 11 Violent wind during play (7) 18 Fitting stabbing instrument 20 Salesman had the French —VV WM— 25 Try striker international ~"LJ LJ--2 I am stiffly formal before one's in the first place (8) 15 Day saint
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  • Page 18 Advertisements
    • 851 18 BANK OF COMMUNICATIONS Head Office: 188 Yin Cheng Zhong Lu, Shanghai *****0, People's Republic of China Singapore Branch: 50 Raffles Place, #26-04 Singapore Land Tower, Singapore *****3 BALANCE SHEET INCOME STATEMENT AS OF 31 DECEMBER 2002 FOR YEAR ENDED 31 DECEMBER 2002 2002 2001 2002 2001 RMB RMB KM! (Ml
      851 words
    • 453 18 Where legacy systems fail, APC prevails. m [hot air] T f [data routing] Infrastructure D adaptable integrated architecture for network critical physical infrastructure InfraStruXure™ from IkW to SMW 1 I optimized power and cooling architecture that lets you standardized components to create your own customized solution. Finally you can target
      453 words
  • BizIT
    • 725 18  -  hi comment INFOTECH In S*pore, corporate IT budgets are tightening as more companies look at ways to cut costs. But this may change next year raju chellam First, the good news: Last week, the two top IT research firms IDC Corp and Gartner
      725 words
    • 214 18  -  By Amit Roy Choudhury NETWORK Associates, a leading provider of intrusion prevention solutions, announced three new products from the McAfee family of security solutions last week. They include an anti-virus software for PDAs and the company's first anti-spam solution. The products are: McAfee Virus
      214 words
    • ONTHESHELF
      • 97 18 DELL has introduced a new single-processor server, the Power Edge 400SC, which offers an 800 MHz front side bus. Powered by an Intel Pentium 4 processor up" to 3.2 GHz speed and with up to 4GB of memory, the Power Edge 400SC is meant for
        97 words
      • 65 18 RICOH has introduced a new office printer, Aflcio CL3OOO/CL3OOODN which has top-speed levels of 16 pages per minute for ftill-colour printing and 20 pages per minute for black-and-white. It has a I,2oodpi resolution and a warm-up time of 45 seconds. Wireless printing is available through standard
        65 words
      • 79 18 HP has launched a new range of HP Pavilion desktops for the home which incorporate the Intel Pentium 4, 2.6 GHz processor supporting Hyper-Threading (HT) technology. HP Pavilion t26Bd and t2Bod are available now and prices start from $2,399 with a 15-inch LCD i( monitor. HP
        79 words
      • 45 18 SAMSUNG has introduced its latest slim-design monitor, the SyncMaster 213 T. It can be used by CAD/CAM users, graphic designers, Web designers, engineers, desktop publishers and medical users. It is available in Singapore and retails for $2,999. For details, visit www.samsung.com.sg.
        45 words
      • 84 18  -  OoMpOedbj Amit Roy Choudhury MACROMEDIA has Introduced Macromedia Breeze Live, which enables companies to train and communicate online in real-time through Integrated presentations, video, audio, and desktop screen sharing. Macromedia Breeze Live Ls the latest add-on module for the Macromedia Breeze presentation platform. For details, visit www.maa onmtia.comygo/
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    • 363 19  -  It will automate the entire process from enrolment to graduation By Amit Roy Choudhury INDIA'S Satyam Computer Services said it has developed a student administration system (SAS) for Singapore-based Universitas 21 Global (U2IG). U2IG is an online university initiative, offering online higher education
      363 words
    • 400 19 AFP [LONDON] When Britain's empire-builders so vigorously exported the English language and culture to India, it seems unlikely they ever guessed that many decades later Indian workers would use these tools to take British jobs. The issue of British firms replacing
      AFP  -  400 words
    • 141 19 Bloomberg [SAN JOSE, California] Cisco Systems Inc, the world's largest maker of computernetworking equipment, said it had no reports of its networks being attacked after it announced the discovery of a flaw in its Internetworking Operating System. The flaw could have left some routers
      Bloomberg  -  141 words
    • 165 19 Bloomberg [CHICAGO] lomega Corp, the maker of Zip and other personal computer datastorage products, said it will cut about 200 jobs as sales declined on slumping demand for some items. Second quarter profit fell 62 per cent. Net income fell to US$4.4l
      Bloomberg  -  165 words
    • ITTAKES
      • 75 19 SUN Microsystems said it provided the technology and systems for the online ticket registration and the ticket distribution for this year's National Day Parade. Approximately 550,000 ballot applications for the tickets were received from the public via Short Message Service (SMS), telephone and the Internet.
        75 words
      • 67 19 THE Hong Kong Trade Development Council (TDC) has unified its messaging infrastructure using an email/voicemail integration solution provided by Datacraft. As a result, the TDC has been able to improve customer service and enhance communication across its network of 40 offices around the globe while
        67 words
      • 58 19 CANDLE Corporation, an enterprise infrastructure management provider, has appointed Neil Hudspith as vice-president and general manager for the Asia-Pacific region. Prior to joining Candle, Mr Hudspith served as Asia-Pacific vice-president and general manager for Vitria Technology, and Asia-Pacific senior vice-president and general manager for Commerce One.
        58 words
      • 108 19 ACULE@RN, a leader in software for e-learning and communications, has announced a tie-up with Pacific Internet. Under this partnership, PacNet will market AcuLe@rn coresolution, under its branded suite of video, voice, security, virtual private network and roaming offerings, to its corporate business customers. FUJI Xerox Singapore (FXS) is
        108 words
      • 3 19
        3 words
      • 57 19  -  Compiled by Amit Roy Choundhury A SEMINAR on "Corporate Compliance From Backroom to Boardroom" will be held on Aug 5,2003, at Grand Hyatt Singapore, Grand Ballroom, Level 2 from 8.30 am to 12.00 noon. It is organised by EMC Corporation and partners File Net, Asia Legal
        57 words
    • 160 19 Reuters [LONDON] British fixed-line telecom operator BT Group Pic has been struck off the list of firms competing for a government IT project worth £4 billion (Ssl 1.24 billion), The Independent on Sunday reported. The Inland Revenue, Britain's tax authority, is
      Reuters  -  160 words
    • 338 19 Gartner does not see a rebonnd before 2005 AFP [PARIS] The telecom equipment industry continues to battle weak demand for new infrastructure and strong competition for handset sales, causing many to predict growth will appear at the earliest in 2004. This year is
      AFP  -  338 words
    • 728 20  -  I-id exclusive Excluding Japan, the rest of the region has been a super performer, learns Amit Roy Choudhury Amit Roy Choundhury FOCUSING on what the customer wants has helped Sun Microsystems maintain strong growth in the region while enabling its Singapore
      728 words
    • 608 20  -  This may take place to wards the start of next year Frorn.% Jennifer Lion in Las Vegas ARMED with new technology and a fresh customerfocused philosophy, software vendor Computer Associates (CA) is positioning itself for an upturn in the region. "The last quarter
      608 words

  • Page 19 Advertisements
    • 62 19 pgg Network CCIV Series Your Ultimate Choice in Remote Surveillance! BAHUvAA Ulili 11 lIK »m» IHNTTMI APtwrwUn* Video ttirough ADSL. SCV MaxOrtne. PSTN mot* Sipport dynan* IP 0"*" vwb server Video uo to ?STO Ips 4, 8. 16 video alarm \Aj4am linntiftgiwii hpiiow »wo Monrroring wnuinv l Local Recording ou*-fi
      62 words
    • 247 19 CMFTAs^ |L "ngapore Ikz Kr m ■Pv. U| W "i~t -iS% 9Sk- 1 BLa m*. -dt B£< EL I y B|[ EL, ,t* B B v The much-awaited CNETtoia G acinar S«««lt 2003 is here. This premier IT industry conference brings together world-class speakers, including leading market analysts, top-notch consultants
      247 words

  • Page 20 Advertisements
    • 86 20 ORACL€ +Sm Unbreakable Solaris' Linux SPARC* and XB6 ICS oracle.com/sun CoovngM 2003. Oriel* All nglitx risirvid Oriel* M r*jiit*r*d trid*mirt ol Oriel* Corporation ind/or its ifMatoi Sun. Sun Microiyttom* *nd Solan* in fradomarts or r*fli«tarad trid*m*rti of Sun Microsystwn*. Ine in th* Unit*d Statas ind oth*r countrwi All SPARC tradamarks
      86 words

  • SHIPPING TIMES
    • 293 21 Contributed by Simpson Spence Young Second hand movement continues to be moderate. The tanker sale and purchase market is being driven by the German KG sector. BOLKCAKIOBft Red Fearn/Red Ceder 73,000 Dwt Bit '98 reported sold region USsl9m with period charter back to German buyers. Century Forest 31,000
      Contributed by Simpson Spence & Young  -  293 words
    • 220 21 MM M M CWTOtstrftrton OSS 0.01 246 0.43 wdi 600 CHOftlftar* 0.0) 255 CmcaftwnMtMt—OJ* 004 WTO rraMM IM> 007 -OuOt >56 06 11 pUnji 0 76 OOI JavaMeMb<4» 0.40 lOCft 1378 MmtCaf* 5.00 imti 2634 KtVantw* 0J?4 OOI 9919 (•nMTih 0.93 OuOt 57 uenwiwiw 0 26 ondt 293
      220 words
    • 239 21 Xinhua [SHANGHAI] Shanghai Port, China's largest, handled 5.219 million 20-foot equivalent units (TEUs) of containers in the first half of this year, up 35.6 per cent from a year ago, statistics from the port administration show. Sources with the port said
      Xinhua  -  239 words
    • 459 21  -  Says EU acted like 'irresponsible pressure group' in Prestige incident By Donald Urquhart [SINGAPORE] Leading shipowners' association Bimco launched a blistering attack on the European Union (EU) last week, accusing it of "political grandstanding" over the Prestige incident and calling for an independent marine
      459 words
    • 1018 22  -  UHERSCEHE -By David Hughes LAST week a very polite and understated letter winged its way from London to Brussels. It was the considered, initial response of the International Chamber of Shipping (ICS) to the review of the European Union's (EU) exemption
      FILE PHOTO  -  1,018 words
    • 3 22
      3 words
    • 3 27 THEBUSINESSTIMES
      3 words
    • SHIPS IN PORT
      • 511 29 Vessel Voy No ierth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL EMPRESS LILY 0403 J24/25 A/SIDE 21/07 2359 POE 2410 2107 J13 A/SIDE 21/07 0630 ATLANTIC OC ***** J12 21/07 0800 21/07 2300 BAYSWATER228 E3165 J3 21/07 1730 21/07 2359 BTBSELAI *****3 J1 21/07 0800 21/07 2000 BT BINJAY 1
        511 words
      • 2 29
        2 words
      • 137 29 Aug 1 China: Founding Chi PLA. Ao«4 Australia: Picnic Day. UKingdom: Summer Hoi. An« 12 Thailand: Queen's Birthday. AnglB France: Assumption Day. Italy: Assumption Day. S Korea: Liberation Day. An* 17 Indonesia: Indepen Day. Ang24 UKingdom: Summer Holiday. Anc 31 Malaysia: National Day. Philippines: Nat Heroes Day. Sepl
        137 words
      • 810 29 THIS report, compiled by Cockett 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 Bunker Price Index change and the
        810 words
      • 454 29 Carbon 180 Mu 991.7 0.6 162 0.08 69 0.06 Jtf IT Density «Mtr tesMue AthAlumMuM Sediment No above E25 2 0 4 0 0 0 380 A«c 985.6 02 152 0.05 19 0.02 [ni 380 MM 991.1 3.0 17.8 0.09 57 0.08 tt/iri v/v m/m %IQI
        454 words
    • AIR & LAND transport
      • 395 30 RECOVERY FROM SARS Sars fears prompt more people to take summer holidays within Japan Bloomberg [TOKYO] Japan Airlines System Corp and All Nippon Airways Co, Japan's two biggest carriers, said reservations for overseas travel during the peak summer season are down from last
        Bloomberg; AFP  -  395 words
      • 407 30 Business travel resuming as S&rs fears recede Bloomberg [SINGAPORE] Deutsche Lufthansa AG, Europe's third-biggest airline, said passenger numbers and profits are picking up on some Asian routes because business people are resuming travel as fears of Sars recede. In the last two weeks,
        Bloomberg  -  407 words
      • 137 30 AFP [SINGAPORE] Passenger traffic at Singapore's Changi airport rose by 50 per cent in June from May, officials said last Thursday in another sign the citystate's economy is recovering from the Severe Acute Respiratory Syndrome (Sars) crisis. The Civil Aviation Authority of Singapore said Changi
        AFP  -  137 words
      • 302 30 Services had been stopped for 2 mths because of Sars AFP [HANOI] Vietnam Airlines said last week that it has resumed flights from Ho Chi Minh City to China's southern city of Guangzhou following a two-month interruption triggered by the Sars crisis. The national
        AFP  -  302 words
      • 224 30 Xinhua [HONG KONGJ Kenya Airways Ltd will launch its first direct connection between East Africa and Hong Kong, Hong Kong officials announced last Friday. It is the first new flight to be operated to Hong Kong after the containment of Sars, said
        Xinhua  -  224 words
      • 148 30 Bloomberg [SINGAPORE] Singapore Aircraft Leasing Enterprise, which is one of the world's 10 largest plane lessors by fleet size, said it will buy six aircraft from easy Jet pic and lease them back to Europe's largest nofrills carrier. The purchase and lease
        Bloomberg  -  148 words
      • 187 30 Bloomberg [KARACHI] Pakistan International Airlines (PIA), the national carrier, said its profit probably tripled in the first half of the year after it cut borrowing costs. Profit before tax may total 1.55 billion rupees (5547.3 million) in the six months ended June 30, compared
        Bloomberg; AFP  -  187 words
      • 374 30 AMtLRf COOCS AAAmencr. Aetna (AAL)AfAe farce (AfH) M Aelnda(AK) AY Feemof(F9l). K Atom Aetna ;KiA) BA Br*s* Ae**)* Put* Lt) Ce (BAW) BC Bmtnß»V*)esfiAr*m(BBC} BI «By» Brunei Aetna Stti Bhd (RBA) BO Bounq Aetna (BOU) BR EVA Aewtfs Corf* (EVA) CA At Cm (CCA). OB Amenan
        374 words
      • 386 30 Bloomberg [CHICAGO] Delta Air Lines Inc, the third-largest US carrier, will have a loss of US$2OO million to US$25O million before one-time costs in the third quarter because stock fell 12 per cent. The Atlanta-based carrier's summer vacation traffic levels are "significantly lower than
        Bloomberg  -  386 words
  • Page 21 Advertisements
    • 191 21 Japan Air, ANA report lower overseas bookings QEI •\M i U We began with the tag as the world's more value added activities, make us an fastest growing port. Today, we have excellent business partner as well as a received accolades and awards by the proficient terminal operator. international shipping
      191 words

  • Page 22 Advertisements
    • 856 22 1 TO USA/CANADA I I EXPORT I I OTHER DESTINATIONS I VBSa |vOT |MB TO AUSTRALIA (AUSTRALIA ASIA EXPRESS) OOQ CALIFORNIA 72E30 22/07 WO OM* 12/01 IS/M 13/00 13/01 16/00 vsss VOT [USil PIS —ifl —MK STB —MB AM POO NEDUOYD SOUTHAMPTON 3SE3I »/07 30/07 I 15/00 IMI HA* 20/
      856 words
    • 419 22 Lin« services nprwanlad by Attwdfcd Shippmg Ag»nh, Singapore Shipping Association A»iocK»Hon «s/ CONVENTIONAI CARGO ran mM/smtraH/jNuym t umux VW ETAPKL ETA SIN ETA MALE Haldlarrtrr 7«A a*7 BVf7 O/M Plmmh Uh 0793 MW feW IVM UU MARINE SERVICES SINGAPORE Pkoar BJ4 7tKfSHfMM he CM7M BCANCHABT AGENCIES SON BHD B t
      419 words

  • Page 23 Advertisements
    • 1133 23 TO EUROPE FROM EUROPE vessel lyorawantwMßHMiMvsouia live* \iatmmmmmm\mm\ HYUNDAI GENERAL 345W 21/07 00/00 10/00 12/01 M/tt ®1« °1/» g<2? °M»»/» AWAGAn 114WM/07 13/00 IS/HH/M 1* s£i 22? oa noses mms/v m/m 12/H s/h it/00 niumnhomv 31ao*/w 00/07 w/w m/w»/W HTWBMmma wwS/w k/» it/m 11/w 11/w onworr mm/v w/v n/vu/viw jlnwwKow
      1,133 words
    • 1973 23 UW|IbILVIII firrrnrtr inrr nil tin r4|T||| gfc *ar "ISm 5® T/SM»W M2OSO2S ******)4/44 I aKm-max»MtAmmtt joMrsomo: coMvonwui mmsim *****200 I EraT warn SARJNGS {OBMIMWBWISWI— IHiW-MMl** «ÜbQ7-lS»170 VSL/VOT WHUSWQMXM DAL LIU MO U Yin CM «LAOY TT* WO Of* ML UQJ XM SH4 NK CM 59 HOMOK tfVa/134M !M» 0M» W*
      1,973 words

  • Page 24 Advertisements
    • 1150 24 HMAF-' HYUNDAI MERCHANT MARINE CO., LTD. Hwihit wwwi—2l.C— a MO. HO47HOOOOH |wga "W TT sou uw m mo m Ivssa vpt sou ibi «to amt mo m ar HY***** 34SW 11/17 12/00 M/N N/M 10/ M HVNMW SIS 01/07 2S/M 17/04 24/04 10/17 tfIMOI IUW 14/17 11/01 13/ M IS/00
      1,150 words
    • 1175 24 WAN HAI HfWAHOWAL FT! UP awmninww/l TR:MMISM (14 IMS) FA*M24II4J WAWAN HAI LINES V jaHKMßWßHkMßNßiH&maisosHkNniaanvamH l-, BKmflMMiwkMnaMniMMintfa/nMnaftntvf WWW.W—HMWWWV«MWM m m mm a k nrr ws no rot wn wo m N™ ITI ii/v iv -■*-"«*--inns*-= lunen tin %/%j mm biw tw iw mm Km mm w m m iw nnm
      1,175 words
    • 440 24 i BSA ii. MYANMA BB FIVE STAR UNE Vissa vor SM m km no PAGAN MOW Sift hp a-an am si* M BAUTSIA: IOWTUft SNIPfMC AGCNCKS Rill: IS-*****5N PU: 03-317M101 Kit 04-2****** BANK LINE (A Mrvin of Aadrtw W* Stipftaf) WOtTWOUNO TO jUtOpTl V COMMA, MftOt Mil iHMffIfTS rasa si
      440 words

  • Page 25 Advertisements
    • 852 25 Ivfciia v6y khm hoc& li* I ha. I bxs I 3as I oh* BT~I CAM MHO KL SOI SKIP SKIP 17/07 33/07 03/03 06/06 13/03 15/03 MAN HOOMOZOAN KL 933 29/07 90/07 02/06 03/0* 10/0* 11/03 13/03 30/03 MAN TOMAN PCI 333 03/00 00/00 09/03 10/00 17/00 13/03 35/03 37/03
      852 words
    • 503 25 A mssm k UK CONTINENT SERVICE Loading for EVANGEL! STRIA RDM/ATW/BM N/UK/NAN THOfl LOTUS RTO4/ATW/BM N/UK/NAN ZEYNEP KIRAN RDM/ATW/BM NAJK/NAN E7W. MMy9«. InrlrrM MIDDLE-EAST SERVICE Loading tor" PAN BRIGHT AON/HDD/JDH/AQA APJ ANJLI DBI/ABU/DOH/BRN/DMM/KWT AYIA MARINA DBI/ABU/DOH/BRN/DMM/KWT LOK RAJESHWARI ADN/HDD/J DH/AQA 96 P 6*l a a_»_ —i Loaos bngapore, l/w. Maayva
      503 words
    • 1038 25 ypsa m HI m jbbb «L_^ds^s_ mam em urn mi jmjkm mi a/y nm M i</»y 85 uii ffig ZS3LH jtutm em um mi -2H5? 1 5" H4H —53*— rfiTmm asm ;zzfiz nSL mm i»n n/y mm nriaa mzM_ um w.iz_ MCMNM mm 14/07 25/07 I'B'l Mum tim i/v m
      1,038 words

  • Page 26 Advertisements
    • 516 26 nsasw 101 n JS-VO7 01-03/00 00-00/oo I neastt 102* wmi 05-07/01 11-13/00 I %a ujD&t IO3M oi-oz/n oria/M is-ii/oo I IKBSNMK 104H OSOMO I J-MA* 10-10/00 I ntasir ipso okw/H is-17/DO aw» I Ivnst^^^vwr^sai^^clP^^sll^l wa qb —fmi —wm —wm~i iwasmiG m nrw iwi/07 m-m/m I JINSNI 1* 11-21/07 M-06/01 IS-IS/01
      516 words
    • 801 26 FREIGHT LINKS EXPRESS PTi»LTDK 51 Penjuru Road, 3 Level, Freight Links Express Logisticentre, Singapore *****3 Tel: *****511 Fax: *****577 JL j E-mail: flesin@singnet.com.sg faaiiil Lmm LCL SERVICE TO CEBU. PHILIPPINES VESSEL l APL CHIWAN V.012E ETA SIN x 28/07/2003 ITA CIBU 09/08/2003 Booking 6267# 5565/4694/5535/5580/5541 /5508/5569/5560/5563/551 4 HSI PROJECT HEAVYUFT
      801 words
    • 828 26 I lib |PDZ LINES ■say/oy 5855 5 !5! SP 9 H/07 IHWIOM |»M IJ/07 fW Ml* 01/01 l!/!! 7 03/ot £mH \»a n/v aNoa mi otTS lyj jgiif io2" it/M T oi/oi 06.amui|»?i jiTw s.waw m\ wm TT^ 9 10/N KOMMUIIIOjr 05/00 OMOa SOU 11/00 MUM Afiji, u/g. M'M 15/00
      828 words
    • 254 26 |*1H RREAKRULK it CONVENTIONAL SERVICE MKT SKVKS MOM STORK TO KARACHI irasa wim niimuKM I mm >11 Hi H/M/D3 n/mm SEA-PAC MANAGEMENT PTE, im 70 Oman Kood *17-07/00 Ape* Towww, Singapore *****5 Talaphanac *****977 VI FocMk 6273 2309 Ni T«lmc ts ***** tUMC omta «N NAMPO, PJJt KOKKA Ivissa wtmi
      254 words



  • Page 29 Miscellaneous
    • 110 29 jftr Issued by Meteorological Service Division.NEA LEGEND: <C Thunderstorm Wind speed symbols '*7 Showers Full circle w/o line indicates calm or light and variable winds R a j n -One half fleche represents 5 Knots Cloudy Day -One full fleche represents 10 knots x Hazy -One solid triangle represents 50
      110 words