The Business Times, 13 August 2003
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2003-08-13
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The Business Times
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Title Section16 2003-08-13 1 THE BUSINESS TIMES MITA (P) 024/03/2003 Internet: http: /business-times.asial .com.sg SINGAPORE WEDNESDAY, AUGUST 13, 2003 85*16 words
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836 2003-08-13 1 Wong Wei Kong - Its more rational' pricing expected to be followed by other banks as interbank rates head upwards By Wong Wei Kong [SINGAPORE] The cutthroat home loans war looks to be ending, with OCBC's move to price loans more rationally and other lenders836 words
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Article71 2003-08-13 1 sn 1,563.63 (+10.04) ST MDEX FUTURES (+17.00) SMMSCI FUTURES 192.00 (+0.80) Tuesday Change KLSECOMP 724il -162 NIKKEI 225 9,564.81 +77.01 HANG SENG __10.IK4.17 +906:} SET INDEX Closed JAKARTA COMP _506.42 +1.58 MANILA COMP .1,247.98 +953 TAIPEI WPI *****4 +40.64 SEOUL COMP 701,10 -318 SHENZHEN B 234.09 +1.05 AIJST ALL71 words
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Article75 2003-08-13 1 FOREX RATES US$ S$ l'S$ (SS per l!S$) 1.756 S(ISS/SS per 1608 i824 ETRO(i;SS/SS/E) 1.136 1.996 YEN 118.6 67.50 RM *800 lift) HKS 7.799 4.440 BAHT 4I.NO 23.80 Rl'PIAH 8J»28 4,855 RENMINBI 8199 4725 INDIAN Rl'PEE._. 45.91 2614 AS 1.517 0.864 NZS 1.697 0.966 PRIME RATES SINGAPORE* 535 MALAYSIA75 words
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Article, Illustration564 2003-08-13 1 Vince Chong - Airlines may be breaching global pact: Natas parent By Vince Chong [SINGAPORE] Travel agents say they are sick of working for no pay and have lost more than $100 million over the past few years as airlines stopped paying them regular commissions. With agencyREUTERS - 564 words
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Article, Illustration585 2003-08-13 1 Raju Chellam - 57,000 computers worldwide infected in just a few hours By Raju Chellam [SINGAPORE] There's a new "worm" out in cyberspace that can hijack your computer and use it to send huge amounts of spam directly to Microsoft Corp's website. The worm infected atSource: Cart Corporation - 585 words
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Page 1 Advertisements
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Advertisement119 2003-08-13 1 ||C wwVVICYI W2j Will Uv MIA* MUSmmO interest rates swing: Will the US central bank cut interest rates or keep them steady? To find out, log on to httpy/business-time&asial.conLBg Hock Lock Slew: CPF re-tuning, rate hikes dash developers' hopes, Pg 4 •Aeturnson the MSd AC Far East ex Japan index119 words
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ON THE grapevine
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Article151 2003-08-13 2 MALAYSIAN film censors have ruled that the Hollywood comedy, Bruce Almighty, can play after all in the mostly Muslim country's cinemas despite objections firom the religious affairs minister, its distributor said. "They viewed it from every angle and found it was a typical Jim Carrey comedy, with nothing151 words
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223 2003-08-13 2 WHEN there's a full moon, you may want to leave your car behind. Contradicting dozens of studies finding no relationship between lunar phases and human behaviour, the Churchill Insurance Group pic claims to have found a statistical link in its database of223 words
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Article138 2003-08-13 2 FRESH from completing an Asian tour, Real Madrid is now hoping to cash in on a huge fan base in Thailand with plans to launch a cable television programme there, a souvenir store, a theme cafe and more. The star-studded club's popularity in Thailand and the rest of138 words
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Article, Illustration430 2003-08-13 2 Chuang Peck Ming - It backs further paring that may arise from returning union chief By Chuang Peck Ming [SINGAPORE] Hie labour movement will back a cut in Central Provident Fund contribution rates if a retuning of the CPF system calls for it a shift430 words
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465 2003-08-13 2 New law will also discourage posting of foreign technicians to India: analysts {BOMBAY] Expatriate Indians could be deterred from returning under a new tax law that critics say may also stem the flow of foreign technicians and managers to India's vibrant call465 words
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Page 2 Advertisements
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Advertisement499 2003-08-13 2 Bahamas Belize British Virgin Islands Cayman I Islands' Jersey Mauritius'Samoa'Seychelles I CaO toll-free 1800 289 8822 tkes#sphx^^^^ WBL CORPORATION LIMITED (Incorporated in the Republic of Singapore) LOST STOCK CERTIFICATE The following stock certificates have been reported lost or destroyed: Cgltiftate Nfr In th» «f stock of SSI.OO each ***** Tan499 words
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Advertisement750 2003-08-13 2 —tefaipii mm MAE ENGINEERING LTD (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that an Annual General Meeting of the Company will be held at the Boardroom, 150 Kampong Ampat #01-01 KA Centre Singapore *****4 on 28 August 2003 at 10.30 а.m. to750 words
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Advertisement246 2003-08-13 2 HH i""\ jfli Awarded by Curtin University of Technology SCHOOL OF FINANCIAL SERVICES RISK MANAGEMENT Graduate Certificate in Finance The GCFin is a specialised professional 4-unit finance course that is I designed to provide students with extensive working experience with knowledqe and anlaytical skills in finance. OOUBLf Bachelor of Commerce246 words
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SINGAPORE companies
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556 2003-08-13 3 Kalpana Rashiwala - Path cleared for securitisation with Ergo. DBS Bank handling deal: sources By Kalpana Rashiwala TAKASHIMAYA'S fully-owned property unit Toshin Development has written to Metro saying it will not be pursuing the latter's 27 per cent stake in Ngee Ann City mall. The556 words
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Article, Illustration457 2003-08-13 3 Ven Sreenivasan - By Ven Sreenivasan ANALYSTS are taking a hard look at the potential impact on Singapore Airlines as ValuAir gears up to launch Singapore's first low-cost carrier. And at least one international research house has downgraded SIA stock. While acknowledging that ValuAirDESMOND WEE/ST - 457 words
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369 2003-08-13 3 Andrea Tan - By Andrea Tan YESTERDAY didn't turn out to be an auspicious day for Singapore's first offshore real estate investment trust if first-day trading performance was anything to go by. Hong Kong billionaire Li Ka-shing's mainboardlisted Fortune Reit closed underwater at HK54.65 or 2.1369 words
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COMPANYBriefs
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Article78 2003-08-13 3 MAINBOARD-LISTED WBL Corp yesterday said subsidiary United Wearnes Technology (UWT) has sold 30 million shares in Sesdaq-listed MFS Technology at 65 cents each in a married deal. The deal, which reduced WBL's effective interest in MFS to 56.01 per cent from 60.16 per78 words
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Article37 2003-08-13 3 IMPROVED operational efficiency at metal components manufacturer Seksun Corp gave it an 8.5 percent increase in net profit to $4.28 million forQ2. Turnover was $31.8 million, a fall of 32.5 per cent.37 words
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Article34 2003-08-13 3 SESDAQ-LISTED Darco Water Technologies has won an $11.9 million contract to treat pesticide-contaminated soil in Taiwan. The project is expected to be completed by the first half 0f2005.34 words
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Article54 2003-08-13 3 MAINBOARD-LISTED PSC Corporation has posted first-half net profit of $2.9 million, down from $4.8 million. Interim turnover was $72.6 million, against $77.1 million previously. For Q2 itself, PSC's net earnings were $1.3 million, down from $2.96 million. Q2 turnover fell about 10 per54 words
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39 2003-08-13 3 EASTERN Asia Technology Limited said its wholly-owned subsidiary, Eastern Asia Technology (HK) Limited (EAH), has signed a HK$36O million (SsBl million) syndicated loan in Hong Kong with 15 banks led by DBS Bank Ltd.39 words
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46 2003-08-13 3 VIBROPOWER Corporation, one of the region's leading specialists in power needs, has returned to the black. Net profit for HI was $727,000 compared with a loss of $357,000 a year ago. Turnover was $21.6 million, up from $7.9 million.46 words
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Article46 2003-08-13 3 DESPITE a year-on-year decline in Singapore unit sales. Hong Kong-based vehicle distributor Tan Chong International said net earnings rose 31.8 per cent to HK5135.6 million (5530.5 million) for the six months ended June 30. Turnover was marginally up at HK$2.O3 billion.46 words
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399 2003-08-13 4 Kenneth Lim - They plan to call EGM to seek nod for company to return l0¢ a share By Kenneth Lim A GROUP of minority shareholders of construction group Ipco International have asked their company to pay shareholders 10 cents a share through a capital reduction that will399 words
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453 2003-08-13 4 kalpana rashiwala - HOCK lock siew kalpana rashiwala TWO developments over the past week are likely to dash developers' hopes of raising prices. In fact, it may even force them to pare prices for some of their higher-end projects. First, a statement by the Prime Minister453 words
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Page 3 Advertisements
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Advertisement107 2003-08-13 3 Montana pmt.com. sq Driving PtoMur* f II w- ir*- 8 t m mm ii BMW again introduces the superlative to luxury: the BMW 760 Li with the new Vl2 engine. Setting new standard* In automotive technology, performance and comfort, this striking limousine has the site and presence to turn heads107 words
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Page 4 Advertisements
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Advertisement1668 2003-08-13 4 Tan Chone International Limited TAOCHOnG tvCv o international (Incorporated in Bermuda with limited liability) INTERIM RESULTS MANAGEMENT REVIEW The Board of Directors (the "Board") of Tan Chong International Limited wishes to announce the following unaudited results ot the The first half of year 2003 was both challenging and rewarding. Company1,668 words
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Advertisement330 2003-08-13 4 fie part of the Singapore Elite M sm/am Jr^ Corporations I Singapore iooo JL a Singapore sme 500 Ranking Awards Recognizing Singapore's Largest Corporations Small and Medium Enterprises (SMEs) m based on annual audited financial < Ranking Ptriod: 1 April 2002 fo 31 March 2003 Closing Dote: 30 September 2003330 words
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Advertisement147 2003-08-13 5 F^EVI/X rim hi L) r Iii ii r» Introducing the new 2003 Previa. True luxury isn't about cutting corners. x X U 3 ?003 P r e diifs more < iccommod e H .»<Juits j f I j Pucks. f olks in 'he ist row c,in sup in und ojt147 words
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SINGAPORE markets
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Article, Illustration324 2003-08-13 6 OTHER SINGAPORE INDICES Aug 12 VALUE CLOSE iTOM» 69XX) +225.00 BTCAM -*****.00 +127.00 »T lO-iaylHA -*****.00 +7.00 Hw 423.29 +2.55 SQfrdM-Ihct 153.27 +2.20 SCEqalb—Fhi 1312.57 +7.13 SQ Pran ***** KSCI Singapore 192.53 +1.26 SMSaFatam 192.00 +0.80 Stocks Votaw Sunningflate 15c 72,988.000 Stngpu 25c 54,077.000 Cosco Inv 20c 41,914,000 MultiVis HK7c324 words
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Article, Illustration865 2003-08-13 6 larry wee - A longer view CURRENCIES larry wee MANY will remember the heady days of early 2000, when the US stock market was busy scoring successive all-time highs. The Dow peaked at 11,750 in mid-January, and by March that year, the S&P 500 and Nasdaq Composite indices865 words
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Article747 2003-08-13 6 r. sivanithy - BT comment STOCKS r. sivanithy ONE of the more interesting issues to ponder is the current obsession with China plays in the local stock market. Judging by the huge volumes done in these counters, they are certainly popular with local traders. But why? Because they747 words
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Article48 2003-08-13 6 UNIT TRUSTS FUNDS IfGBOtAI prion art indkattvaMnpt for Em *ingg« Awts; ireedhf DtviniM, I Narrowty Focund; S towar Writ Low to Madium RMc ft Madium «o High Rofc. Highar Risk opan-andad. tafora tubdmuon of unta: After •obdivwon of unit* V attar ftodnpttt NA- Won Daaling Pay Hoor rriwssun48 words
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SINGAPORE news
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Article, Illustration447 2003-08-13 7 Raju Chellam - They will be launched in S'pore and the Asia region in Q4 this year By Raju Chellam US GIANT Hewlett-Packard Company yesterday launched 158 new products in what could be the single biggest offering of digital products so far. HP said it will spend US$3OOAP - 447 words
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247 2003-08-13 7 HEWLETT-PACKARD has awarded Nanyang Technological University (NTU) a $250,000 grant to deploy wireless technology on the campus. The grant was awarded under HP's Applied Mobile Technology Solutions in Learning Environment programme. NTU is the only Singapore educational institution to win the grant from247 words
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469 2003-08-13 7 Angela Tan - EYE on the economy outlook Unlike in the past, pick-up in capital spending and job creation will be gradual By Angela Tan SINGAPORE'S latest economic recovery is different, and while the slowdown has ended, a robust pick-up is not yet here, Citigroup's economist Sim469 words
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Page 7 Advertisements
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Advertisement434 2003-08-13 7 Call toll-free 1800 289 8822 WORLD of SPORTS.com LIMITED (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Moefingofthe Company w* be held at 10 Changi SoUh Lane. #07-01. OSSIA Building, Singapore *****2 on 29 August 2003 at 3.30 p.m.434 words
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Advertisement10 2003-08-13 7 #t«r I he proper selection Kllllllllj^ dramatically improves the performance.10 words
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EDITORIAL & opinion
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Article, Illustration848 2003-08-13 8 william pesek jr - THE bottom line OPINION william pesek jr Bloomberg THE economies of Brunei, Cambodia, Laos, Myanmar and Vietnam have something intriguing in common: Each produces less annually than the 9 trillion yen (Ssl33 billion) Japan has spent since January weakening the yen TheBloomberg - 848 words
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Article36 2003-08-13 8 *We have almost as many products as there are gubernatorial candidates in the California recall election.' -GutyFkarfau Hewlett-Packard's CEO, joking at an event to launch an array of new products from her company.36 words
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Article623 2003-08-13 8 EDITORIAL THE US$500 billion global IT-enabled services industry is currently undergoing a paradigm shift: outsourcing. It is a phenomenon comparable to that which affected global manufacturing from the 1960s onwards. The jargon used is "business process outsourcing", or BPO. The trend towards BPO is623 words
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Article, Illustration1265 2003-08-13 8 Edward Wong - Lingering Sars and terrorism fears plus new US transit visa roles are inhibiting transPacific traffic in the usually strong summer months By Edward Wong NYT [SAN FRANCISCO] The disease had run its course, as far as Peter Chu was concerned. Sure, theNYT; AFP - 1,265 words
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Article178 2003-08-13 8 What did the Jakarta police know? LAST week's bombing of the JW Marriott Hotel in Jakarta once again exposed a big flaw in the state's intelligence capability to anticipate and prevent a terrorist attack in this country, this time hitting straight at the heart of the nation's178 words
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Page 8 Advertisements
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Advertisement33 2003-08-13 8 Lianhe Zaobao I What would I I Dr Lien Ying Chow I I like to be I I remembered (or? I I Interview with Laurence Lien, I I governor of Uen Foundation I33 words
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Page 8 Miscellaneous
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Miscellaneous302 2003-08-13 8 CBYPTIC CROSSWORD 9 Dependence on Robin's cars, say (8) ■■B -■■JT 11 The most suitable marker ...hebetongsinpn9on(6) ~HH" 16 The existence of some hopeless eccentrics (4) 1111 I I I 17 Living at home, having to ~AH WM scrounge round (5) lH 20 thus goes to the flllV j|V Ifl302 words
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REGIONAL news
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367 2003-08-13 9 Eddie Toh - Cash-rich airline may consider buying an existing carrier, says MD From Eddie Toh in Kuala Lumpur MALAYSIA'S cash-rich national carrier has not discounted the possibility of entering the increasingly popular budget airline business in the region. "We have not discounted such things,"367 words
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308 2003-08-13 9 BANGKOK THE giddy spending that marked Thailand's pre-cri-sis bubble years is back. At a public auction of lucky licence plates on Monday, the country's transport and communications minister paid 4 million baht (S$168,000) for number 9999 more than the price308 words
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Article, Illustration466 2003-08-13 9 JAKARTA BLAST Minister confident of reaching this year's 4% target Reuters INDONESIA'S economy will expand 5 per cent in 2004 and can grow 4 per cent this year despite last week's blast at a Jakarta hotel and fears of more attacks, Chief Economics MinisterReuters; REUTERS - 466 words
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NOTEBook
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65 2003-08-13 9 AFP [KUALA LUMPUR] Malaysia and Japan are expected to conclude discussions on a free trade agreement (FTA) within a year, Trade Minister Rafidah Aziz said yesterday. Ms Rafidah, who is leading a trade mission to Japan and South Korea, was quoted by Bernama newsAFP - 65 words
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85 2003-08-13 9 AFP [JAKARTA] The Indonesian Bank Restructuring Agency (Ibra) plans to drop possible criminal charges against the daughter of former president Suharto over her bank's alleged misuse of a state bailout, a newspaper reported yesterday. Ibra official Taufik Mappaenre Ma'roef, quoted by Bisnis Indonesia, said theAFP - 85 words
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94 2003-08-13 9 AFP [NEW DELHI] The Indian government could call a map general election as early as November, according to analysts and political sources. One of the key factors which could push the government into bringing forward the poll, scheduled for October next year, isAFP - 94 words
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Article79 2003-08-13 9 Reuters [NEW DELHI] A court in Bombay has barred employees of India's Oil and Natural Gas Corp (ONGC) from going on strike, a company spokesman said yesterday. Workers of the state-run firm, angered by the crash of a helicopter carrying colleagues working on rigs off theReuters - 79 words
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81 2003-08-13 9 AFP [BEIJING] Tsingtao Brewery Co, China's largest beer maker, has signed an agreement to buy the Chinese stake in Hunan Debier Brewery Co, a Sino-Malaysian joint venture, officials said yesterday. Tsingtao will pay 108 million yuan (5522.8 million) to Changsha Brewery, located in central HunanAFP - 81 words
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Article89 2003-08-13 9 Bloomberg [HONGKONG] China Mobile (HK) Ltd posted a 15 per cent rise in first-half profit, reflecting phone network purchases that catapulted the company ahead of Vodafone Group pic as the world's biggest mobile-phone company by users. Hong Kong-based China Mobile had net income ofBloomberg - 89 words
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Article67 2003-08-13 9 AP [TAIPEI] Seeking to attract health-conscious consumers, US soft drink giant Coca-Cola has ventured into Taiwan's growing cold tea beverage market. Coca-Cola began selling two bottled tea drinks on the island this week under the brand of its Taiwan partner Ten Ren Tea, Jason Wu,AP - 67 words
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149 2003-08-13 9 Bloomberg AFP [JAKARTA] Indonesian prosecutors are seeking a 15-year jail term for Muslim cleric Abu Bakar Bashir, the alleged leader of South-east Asia-based terrorist group Jemaah Islamiyah (JI), on charges of treason and breaking immigration laws. Prosecutors say Bashir plotted to overthrow the governmentBloomberg; AFP - 149 words
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193 2003-08-13 10 BOMBAY Reuters DEUTSCHE Bank Group said on Monday it had launched its equity brokerage in India, becoming one of the first global securities firms to return after a series of closures in the past two years. "There is significant international interest in the equities marketReuters - 193 words
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399 2003-08-13 10 HONGKONG Territory may save HK$1.5b as provincial governor agrees to study HE'S request Reuters CHINA'S southern province of Guangdong is considering cutting prices for water supplied to Hong Kong, the latest effort by mainland authorities to ease pressure on the territory's weakReuters - 399 words
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255 2003-08-13 10 NEW DELHI More firms forced to hire cheaper staff abroad: report Bloomberg ACCENTURE Ltd, Cognizant Technology Solutions Corp and the computer services unit of International Business Machines Corp are increasing their hiring in India to match services and rates offered by local companies,Bloomberg - 255 words
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Page 9 Advertisements
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Advertisement1226 2003-08-13 9 I A, I EC ON® ECON HEALTHCARE LIMITED (Incorporated in The Republic of Singapore) NOTICE IS HEREBY GIVEN that the First Annual General Meeting of the Company will be held at 20 Jalan Afifi, CISCO Centre 11, #04-02/03, Singapore *****9 on Thursday, 28 August 2003 at 10.00 a.m. to transact1,226 words
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Advertisement205 2003-08-13 9 VIN U M FINE WINE MERCHANTS Annual| 2003 SALE Fri, 15 th Aug V Widest range ever offered 100+ Labels 10+ regions Sat, 23 ,d Aug Additional selection of bin-end items I 50+ Premium labels, all priced to clear O— For more information to receive a copy of the preview205 words
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Article, Illustration1028 2003-08-13 10 Transaction date:Aug 12 IMTKRRAME CROSS RATES AS C$ I— m Mfa »#M> m 1 «Nih Mo ss tm Str T$ Mrt Hm4 USS Antral! 0.911 5.471 0.580 5.142 302*3 ***** 0.712 7.775 2.505 1.H9 39.091 36.106 1.158 4.858 0.894 ***** 27.553 0.410 0.659 Cm* 1098 6.004 0437 5.643 *****1,028 words
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Article1488 2003-08-13 10 81C0M FUTURES Aug 12 RUBBQ FuturnfOosiaq prim) ISS1 (Scents/kg) CtoM VohMt Open f fi. ■omn hiqh low xn (loows) inxtrf sx S«p 03 WL75 Oct 03 90.00 Ho* 03 179.00 Dec 03 ***** RSS 3 (UScOTsAo) VaiMM Open Mont* Mgfc Lot Sett (tonnes) Merest Sep 03 mH 102.00 102.001,488 words
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WORLD news
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558 2003-08-13 11 Anthony Rowley - But 0.6% expansion draws mixed response from analysts From Anthony Rowley in Tokyo JAPAN'S economy grew a much stronger-than-expec-ted 0.6 per cent in the second quarter of this year, according to data released yesterday by the Cabinet Office. The expansion equal to 2.3 per cent558 words
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334 2003-08-13 11 NYT [NEW YORK] The AOL Internet service is pushing to delete its name from AOL Time Warner two and a half years after it imposed those same three initials on the biggest media company in the world. When AOL acquired TimeNYT - 334 words
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367 2003-08-13 13 NEW YORK Suit claims US company favoured after it paid over US$15m to minister Bloomberg LUCENT Technologies, the largest US telephone-equip-ment maker, won favourable treatment from Saudi Arabia's telephone agency by paying more than US$l5 million in bribes to the office's minister, aBloomberg - 367 words
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322 2003-08-13 13 WASHINGTON Bloomberg MICROSOFT Corp, the world's largest software maker, was told by a jury to pay US$52l million to the University of California and a Chicago-area company which claimed they invented technology used in the Internet Explorer browser. A federal jury inBloomberg - 322 words
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307 2003-08-13 13 Lawyers allowed to torn in corporate clients committing fraud LAT-WP [NEW YORK] The American Bar Association's House of Delegates voted on Monday night to loosen confidentiality rules and allow lawyers to turn in corporate clients that are committing fraud. The body approved this exception toLAT-WP - 307 words
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Page 11 Advertisements
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Advertisement321 2003-08-13 11 Questioned by a CEO. berkeley-nus Challenged by a VP. Tested by an MDi Branding 22 Sept 3 Oct 2003 And you thought you had a Apply by 25 Aug 2003 tough day at work. Program Fee US$7,OOO 2-week intensive program in the on W marketing and branding. Who Should years321 words
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Article699 2003-08-13 12 Transaction date:Aug 12 »■>— m o—i an w o■ omm> ft 4J t OJC *0 CJC HKStwUc «9 !K «0DK C*C «M 4*0 *021 OCBC U* 10 WC CamAM 1 'JK -CMC (X* CM ?0» -0M0 OaiMMJfc 101 IM W«i)H& 047 OM «0D» 0%D»» m 47® «0 040 IM699 words
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Article601 2003-08-13 12 BONDS WARRANTS Tat Lad Vol Cam Eur 'chk Gmt-'n&k Cad* Ctmfmr Sala *ar- f—I fttot I«b Laft 3698 AST1W*****1 6 1 16 13 3.25 10 3697 Acma Ltd W*****6 1 1 SO 410 10.00 15 3602 Amtefc W*****0 M 3 201 I 33 1.39 22 3603 Armstrong W*****0 5 O601 words
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Page 12 Advertisements
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Advertisement18 2003-08-13 12 A master of cooking. Or one who just knows his carats. Get the expert. jjAI Call 1800 *****2218 words
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Page 13 Advertisements
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Advertisement379 2003-08-13 13 CaD toll-free 1800 289 8822 HAW PAR CORPORATION LIMITED (Incorporated in Singapore) LOST SHARE CERTIFICATES The undermentioned share certificates have been reported lost, mislaid or destroyed Certificate Nob. In ttw name of No. oi Share* *****54 The Estate of Pillay Sivasankara, Dee d 1.000 *****55 1.000 *****40 500 *****36 1,000379 words
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Advertisement3828 2003-08-13 13 Notices JURONG CEMENT LIMITED (Incorporated in Singapore) NOTICE OF ANNUAL GENERAL MEETING Notice is hereby given that the Thirtieth Annual General Meeting of the Company will he held on Thursday. August 28, 2003 at 3.00 p.m. at Raffles Country Cluh. Banquet Hall I. 450 Jalan Ahmad Ibrahim Singapore *****2 to3,828 words
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Article14 2003-08-13 14 Transaction date:Aug 12 for live prices, log on to wu y u\asiaonemarkets£om14 words
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Article72 2003-08-13 14 U-«k T* Lact Vol Day Lact Quota GfOfc Wv Grtfd MM MCm ttig* Law t*4» Cowyawy ilh W- fWH t— *nr» i«l« Cw W Swli 9600 89 6065 Diamonds US878G 3750 2700 6095 ISDJUSTedi U***** 555 555 6097 ISMSGSpor* USSSS §270 82X 6101 ISS4P500 US8270 965C 8280 617072 words
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Article1894 2003-08-13 14 UM Tel La«t Vat Day Lad Quota GrOtv M* CftM MM tBCaa I—> Ca4a Company Salt P88M HM» Law Miyar Sa«ar Cw W W 24 75 5000 ABR Hldgs Sc 19 5 *0 5 207 20 19 19 19 5 37j6 10 15 2101 AP 0.15c 27.5 *11,894 words
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Article338 2003-08-13 14 U-Wk Tal LM M Day last Quota GfOfy C*» GrVM M MCap Hfrh Um Coda Company Uh *b ni I— Wyar Satr Car W W 166 81 6000 AVJcnnings A25c A159 -2 8 160 1S8 1S8 160 40 3.4 6.3 9 3 342 J 6001 Cathay Pac 20c338 words
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Page 14 Advertisements
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Advertisement135 2003-08-13 14 Where to wine, dine and entertain... EEr@ $5.80 Nett Per Item >rE 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 Fun Hainanese Mutton Stew Sautled Chicken with Chinese Sausage It's lime All Day Mug@S4.oo nett135 words
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Advertisement54 2003-08-13 14 W 'I 1 J I i IL p_ > J||f ranq rnahal haute indian cuisine Buffet Lunch Noon to 2.30pm (Closed for lunch on Saturdays) Dinner 6.30pm to 10.30pm Make your reservations with us at: T.t (65) 6333-1780 Fix: (66)6333-1660 RAMC MAHAL lW 3 Tha tar Pacif* Smgipon 7 Rafflas54 words
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Advertisement62 2003-08-13 14 Bali Thji SIO Voucher V(HH• pts Country Manna $20 Voucher 5,500 pts Edo Sushi $10 Voucher 2.500 pts MelNik's $10 Voucher 1.500 pts Paulaner Brauhaus $20 Voucher 5,000 pts Renn Thai 10 Voucher 3,000 pts Swiss Culture $10 Voucher 2,500 pts Swensen's $20 Voucher 4.300 pts The Gangezs $10 Voucher62 words
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Advertisement13 2003-08-13 14 flwflDD-winnino X PIVEP VfILLfY POflD #01-40 CUM QUAY P SinOflPOPf *****2 foeksmohs CALL13 words
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Advertisement77 2003-08-13 14 IMERITUS MANDARIN SINGAPORE T Konutice wftVi TurUcij Culinary Cultural Festival 14-17 Aug 2003 Presenting a fascinating troupe of 42 from Turkey to bring you culinary delights, lively traditional music, graceful belly dancing and handicrafts. Come, discover Turkey! Buffet Dinner (14 -17 Aug) 7:00 pm -10:00 pm Buffet Lunch (16 1777 words
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BT motoring
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Article, Illustration579 2003-08-13 15 Samuel Ee - Industry players dismiss talk of vehicle repossessions hitting an all-time high. Samuel Ee reports. Samuel Ee Market talk that the repossession rate for cars in Singapore has recently hit the 30 per cent mark is unfounded, some industry players say. "If the numberST FILE PHOTO - 579 words
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BUMPER to bumper
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Article66 2003-08-13 15 PREMIUM carmaker Audi has gone off road and driven on to the football field with glamour club Real Madrid. The German marque has signed on as the Spanish club's automotive partner. Details of the contract have not been disclosed, but what is known is that the club's66 words
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Article92 2003-08-13 15 K1A Motors is seeing results from its move to ditch cheap compacts for more expensive vehicles. South Korea's second-largest carmaker reported yesterday that second quarter net profit rose 3.4 per cent, boosted by rising exports of pricier recreational vehicles. Kia changed its product line-up to92 words
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Article79 2003-08-13 15 Samuel Ee - Compiled by Samuel Ee DEMAND for new cars in Germany. Europe's largest economy, picked up in July, while production and exports also rose. But industry association VDA said it is too early to talk of a sustainable recovery. New car registrations in Germany rose 279 words
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Advertisement1507 2003-08-13 15 First Engineering (Incorporated in the Republic of Singapore) NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at No 26 Woodlands Loop #07-00. First Engineering Techno Centre, Singapore *****7 on Thursday. 28 August 2003 at 10 00 a m to transact the following businessAS1,507 words
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EXECUTIVEmoney
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Article, Illustration1192 2003-08-13 16 GENEVIEVE CUA - But analysts caution investors as long-term outlook remains murky, reports GENEVIEVE CUA GENEVIEVE CUA Property appears to be hot again, going by the jump in private home sales in the second quarter and a pervasive perception that prices have bottomed and may be about to turn. Toss intoFILE PHOTO - 1,192 words
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Article1056 2003-08-13 16 Robert Halili - INSIDE markets By Robert Halili WITH the full month's figures in for July, we can assess how directors and substantial shareholders had traded at a time when the Straits Times Index (STI) performed strongly, climbing 7.7 per cent to 1,558.87 points. What the numbers1,056 words
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Page 16 Advertisements
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Advertisement232 2003-08-13 16 W M*n*grd fry: A T.O A 1 I I- 1 OPS AFS Alp hot lincl APS A**t Managrmcn. Pte Ltd 'Although these fees are not charged, please note that there would be an Initial Sales Charge and Realisation Charge applicable for subscription and redemption of units in the Fund. The232 words
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Advertisement88 2003-08-13 16 I fjOBIN MUSIC BOX W Musk Box (Distributed By STUDIO LINE Singapore) JZ NEW ARRIVAL!! An exquisite Swiss-made music box. js A timeless gift for all occasions. js J3 J3 J3 J3 J3 Birthdays J3 'Festivals S Memorable Dciy s J 12 Special Occasions J3 ji A Anniversaries Celebrations J388 words
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SHIPPING TIMES
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Article252 2003-08-13 17 Reuters THE Baltic Dry Index rose 11 points to 2298, the Baltic Capesize Index rose 18 points to 3198, the Baltic Panamax Index rose 17 points to 2178 and the Baltic Handymax Index fell 1 point to *****. HME-CHABTER: Hainan (built 1996) ***** dwt delivery Dunkirk 20/22 AugReuters - 252 words
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Article268 2003-08-13 17 SGX '000 *112 SS W- VI CWT Distribution 0 56 0.01 585 Oman Hup .0.44 0.01 2722 CH Offshore __.0J0 -001 2922 Cosco Investment .0.40 0.04 ***** Fre«*pt Links .0.06 0.01 3024 GB Holdings 0.77 -0.01 4 Jaya Holdings 0 45 0.01 4391 KeppelCorp —5.40 0.05 1169 K1268 words
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Article, Illustration519 2003-08-13 17 Donald Urquhart - It is one of 3 qualifiers bidding for concession to ran box terminal By Donald Urquhart [SINGAPORE] PSA Corporation has been short-listed as one of three current qualifiers for Puerto Rico's Port of the Americas container terminal project after submitting its proposal lateSource: Port of Ter A Tericas - 519 words
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Article, Illustration156 2003-08-13 17 [SINGAPORE] Yes, it's Cookie Monster that's boarding a plane. The character from the all-time children's favourite television series Sesame Street is getting out of the telly box and going "live" around the world with other cookie-lov-ing monsters and grouchy Grouches. And transporting tons of equipment156 words
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223 2003-08-13 17 Bloomberg [LONDON] OMI Corp, Tsakos Energy Navigation Ltd and other tanker owners have on order new ships valued at a total of US$25 billion, UK shipbroker E A Gibson said. The ships, which will carry oil, refined products and chemicals, equal about 21 per centBloomberg - 223 words
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Article, Illustration994 2003-08-13 18 David Hughes - STRAIT TALK By David Hughes SOME serious empire building is going on in the corridors of power in Brussels, and the result will have implications for the whole global shipping community. The quiet, lazy days of theFILE PHOTO - 994 words
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SHIPS IN PORT
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Article502 2003-08-13 25 Vessel Voy Wo Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL HANNE DANICA 001 J15 A/SIDE 13/08 0600 PARADISE 02/03 J8 A/SIDE 13/08 0600 PETROSR V007 J10 A/SIDE 13/08 1800 SANTA SURIA2 043 J22 A/SIDE 13/08 1200 A KAMBING 1 JB801 J7 13/08 1000 13/08 2300 ANABAS 2391E J15 13A)8502 words
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Article137 2003-08-13 25 An* 15 France: Assumption Day. Italy: Assumption Day. SKorea: Liberation Day. Angl7 Indonesia: Indepen Day. Aoff 24 UKingdom: Summer Holiday. Anff 31 Malaysia: National Day. Philippines: Nat Heroes Day. Sep 1 Canada: Labour Day. U.S.: Labour Day. Sep 2 Vietnam: National Day. Sep 3 Vietnam: Nat day Hoi.137 words
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Article827 2003-08-13 25 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 average sized stem Market movements are indicated. The Cockett Bunker Price Index change and827 words
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Article572 2003-08-13 25 Carbon 180 Mai 991.7 0.6 16.2 0.08 69 0.04 Aug T Density Water IhMm AshAtuminlum ScdhMnt No above E25 1 0 3 0 0 0 rrr 380 Ave 985.9 0.1 14.5 0.04 23 0.01 b 7« 380 Mai 991.1 0.4 17.8 0.08 56 0.03 Wir3 v/v572 words
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AIR & LAND transport
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Article, Illustration444 2003-08-13 26 Carrier trying to fend off competition from Virgin Bine, Emirates Bloomberg [WELLINGTON) Air New Zealand will slash fares by an average 20 per cent on routes to Australia to stave off competition from Virgin Blue and Emirates. The new fares, that startBloomberg; FILE PHOTO - 444 words
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209 2003-08-13 26 Reuters [NEW YORK] Airbus and Honeywell International Inc have come up with technology that would take control of airplanes to prevent them from crashing into obstacles, The Wall Street Journal reported yesterday. The system would link crash-warning devices, already common on airliners, with cockpitReuters - 209 words
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196 2003-08-13 26 Bloomberg (LONDON) World airline passenger traffic will return to growth from 2004 as confidence in flying recovers from terrorist attacks, war in Iraq and the Sars outbreak in Asia, a group representing the world airline industry said. Scheduled passenger traffic, or the numberBloomberg - 196 words
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160 2003-08-13 26 Reuters [STOCKHOLM] Scandinavian airline group SAS said on Monday its cost-cutting programme was starting to bite and the outlook was brighter. "The second-quarter result was not as bad as expected, and it's clear that SAS is a turnaround case," a broker added,Reuters - 160 words
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313 2003-08-13 26 Bloomberg (HANOI] Vietnam Airlines will begin direct flights to Germany in December, the carrier's third European destination. The state-owned carrier plans to fly to the German city of Frankfurt three times a week, said Trinh Ngoc Thanh, Vietnam Airlines' deputy director of marketingBloomberg - 313 words
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Article251 2003-08-13 26 They refuse to be transferred to Indon airline unit Xinhua [JAKARTA] Months of dispute between Indonesia's flag carrier Garuda Indonesia and a number of its technicians took a turn for the worse when the national carrier announced it would dismiss 233 maintenance technicians. Garuda spokesman PujobrotoXinhua - 251 words
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159 2003-08-13 26 AFP [TOKYO] Japan's transport ministry is considering introducing a system to analyse voice recordings of train drivers and aircraft pilots for a few seconds to assess their level of fatigue and prevent accidents, an official said. "Since it uses voice recording, theAFP - 159 words
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Article, Illustration604 2003-08-13 26 Govt won't bail it oat, bank loans come with strings and merger unlikely while rivals struggle too Bloomberg IZURICH] Swiss International Air Lines Ltd, the unprofitable national airline, is struggling to find an investor six weeks after it said it needsBloomberg; AFP - 604 words
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Article413 2003-08-13 26 AIRLINE COOES AA American brines (AALI AC Ar fitnot IAfR) Al Ar Into (AK). AY term Oy (f9l) AZ AtUu Artnes (AZA) BA Bntsh Amntys PuOtc LV Co (BAW) BC Brmn Bingtioesh Artnts (BBC). 81 Roy* Bnnm Artnes Stti Bhd (RBA) BO Bono Aetna (BOU) BR413 words
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Advertisement103 2003-08-13 17 Call toll-free 1800 289 8822 NOTICE TO ALL SHIPPERS OF SINGAPORE SABAH PORT SURCHARGE In view of continuing vessels delay and expenses incurred in maintaining our service level to Sabah, the following Lines in the Singapore- Sabah trade wish to announce the implementation of a local Sabah Port Surcharge RMISO/300103 words
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Advertisement44 2003-08-13 17 sKfein^^^S^Sß|Sp§5'•'■'' #i'^ V-'-'*" I "*'< s»^9BSffl^nßßßiKSss^sS^33lEl'' l nflf ffiW *'1 1' JiifflTl^pWi l W*» Cfci ".^*?^,Vi*SJS| :-'"&s% W^ <. •j~' [^t 11 ~1 „7ij *«-^H|k|HBSI i' is£* <'%-'" i v v --^p!9iflHfl jfe .^wgi^B jds •|mflnffiH For itfv®ftiiwnwit sftQii 9nd bookiipSf picas* Jos Woiiq 6319 2012 r -.•.>;44 words
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Advertisement884 2003-08-13 18 1 TO USA/CANADA i I EXPORT I I OTHER DESTINATIONS I VBSa VOY PNG |EIASM LONG BMol|l>AllAS [HOUSTON |MBIfMS |otCAGO| KW TORI ll TO AUSTRALIA (AUSTRALIA ASIA EXPRESS) rro»ucm>sTurvß«i 1K33 iz/m ivw 21/01 urn M) ow p o«» Jvgja voy to sm p*g ST~| std m am PIO NEDUOYD HOUTMAN884 words
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Advertisement474 2003-08-13 18 Lines seroc® represented by .sws. f M Accredited Sh,pp,ng Agen*, *W" logics \°«.<y Singapore Shipp<ng Associcrfion g ULY UNE MALE /viSSE VOY EW ETA ETA A p. kung von mu Mold Star 541 A 13/08 15/08 24/08 Princess Lily 0803 25/08 27/08 05/09 Mold Carrier 741 A 03/09 05/09 14/09474 words
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Advertisement1293 2003-08-13 19 TO EUROPE FROM EUROPE vtssa ivotsw at mnw hw my sou uh ifwaa Ivor hm ami h*m mtv sou w anl apidenmam 100*14/00 os/oo m/woi/w mwam im n/w »/wn/07 13/00 MOlPtlOttTY OOOW 15/00 31/00 02/09 05/9904/09 HTMTY 3UE2S/07 VfV 30/07 23/07 14/00 MraSHMd 30SW 10/00 05/09 07/09 09/W 03/09 MOUMMMI1,293 words
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Advertisement1984 2003-08-13 19 'VNUNMHUVKIRII SHMttOKI 10 BUCK SU VU MKT SAB* OWttdDIM) 19 cuors GMOAI AGCNTS m SmUKM: M NMBOM I# #11-00 SUB/NCI TEL MIOSIS//4J ML MMSMI/J# I SSS Sffittß^ ITD SS32 SSS COMIINTUOOMU) -23 DATS T/svv MIOSWS *****314/44 I nnmn-i w niiairr jOHots offta coNvemowu miosis# *****101 I tVHY TUBOAT SAtUNGS (OSTU1,984 words
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Advertisement2059 2003-08-13 20 WAN HAI MTERNATIONAL PR UD <INOci44OSO2OOOO/l VtrA laiiu a TH: *****586 (MINES) F/UL*****163 HAI LINES isssssssssssssLm y nm:msi«nwk*7ißwniMm:ini)xm«niU:iniimz7i4/iniiH www waahai can to KIM:IBI)SS4WWk|ni)S»47HfUia;mai/71Uil at nun a »w.www.n».n im.mi)4iy3wni>i)4ii«re,4iqiw BTTlisflf liw -—n**" "W fnw -Sr 5L -W" -JCT I liawiwn a iw hm iv« mi* 11* 21* nm 2vn 27* an2,059 words
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Advertisement565 2003-08-13 20 BSA -L MYANMA FIVE STAR UNE (MyaMjor MnHosnl Um) vissa voy SM m m m PAGAN 30*W SU HPA-AN 307W SU IN MALAYSIA: OOUSTIAD SHIPPING AGENCIES MIL 03-*****300 l*L 03-317*4101 PW: 04-2****** BANK LINE (A WfYic* «l kmkrm Wok SHpoi) I NORTHBOUND TO EUROPE V CONUMR, WW, MUX IHUVYUFTS vissa565 words
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Advertisement1079 2003-08-13 21 Imcw VOY KHH I WO I iIN I Htl I DX» I»M I SIMA IWA PCI $003 SKIP SKIP 17/08 l>/0« 28/08 29/08 05/09 07/09 CAM FMO PCL 8003 SKIP SKIP 24/08 25/08 02/09 03/09 09/09 11/09 IKAN ISFAHAN PCL 326 26/08 27/08 30/08 31/08 07/09 08/09 15/09 17/09 SIMA1,079 words
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Advertisement539 2003-08-13 21 UK CONTINENT SERVICE Lo4t*ngtor TMOR LOTUS RTM/ATW/BMNAJK/NAN Loads Singapore. EVW Maiayaa. Indonea* MIDDLE-EAST SERVICE Loadwigter LOK LAJESHWARI ADN/HOD/JDH/AQA J. FRIEND D6l/ABU/DOH/BRN/DMM/KWT LOK PRATAP DBI/ABU/DOH/BRN/DM M/KWT •Loads Singapore. EVW Mataym. Indonesia USA SERVICE Loadngfor PAN DYNAMIC VCW/LAX/MZL PACIFIC EMBOLDEN CAM/NFK/SAV/NOL •Loads E./W Malaysa. mdooeaa F.E./S.E.A. SERVICES Spore Loadngfor PAN OASIS INC/BSN539 words
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Advertisement1048 2003-08-13 21 aw m jffssa m m n ggßa I mm .ntau mi >//- mm Saß I *****1 n/0« I )/o< ntm* tm mm urn— Toiig 12/00 12/00 iuj jam IUM_ rxum 551 ii/Qi 11/8 pacmotaii _w_m iy/of _LVfQ ioim 14/w —iiz«_ PAC PANDA 1014N 16/00 17/ M pac panda ioism 10/001,048 words
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Advertisement540 2003-08-13 22 TlGtl BRIDGE 107N IS-H/00 77 24/W 7430/01 I T)G£K SHAIK lOON 19 20/0* 24-21/01 02-03/01 I nra sit low 2223/01 21-31/01 I iwasu lion H-27/N 02 04/09 09-10/09 I TKai»jO«^inM^2r3o/o^^oM7/o^^lW3^J CAl^^si^B "mam 7oi irnTa nws I JIAISAM 139 1717/01 24-24/08 05-05/09 I ntasnur 072 2121/01 27 29/00 00-00/09 I MUM^_^U22^«^»Ol/o^o^o/o^|540 words
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Advertisement914 2003-08-13 22 FREIGHT LINKS EXPRESS PTfc I LTQ > 51 Penjuru Road, 3 Level, v t > jJJSr Freight Links Express Logisticentre, Singapore *****3 Tel: *****511 Fax: *****577 1 E-mail: flesin@singnet.com.sg LCL SERVICE TO VANCOUVIR. CANADA VESSEL COLOMBO BAT V.50E34 ETA SIN 16/08/2003 ETA VAN 07/09/2003 Booking 5565/4694/5535/5580/5541/5508/5569/5560/5563/5514 PROJECT «r HEAVY LI914 words
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Advertisement1143 2003-08-13 22 /Ay PDZ LINES gr%»-T«ss" ww»«i mmTwo GWBC *****14/00 ttawSnpi u/oo s.m— imiTh/w tanas aoioiHoi4i ls/w MUMS I ***** U/W GfiWH 304*1 U/M K. OMU 2| 3033 19/00 OMOa 3023 23/00 TMtONSM TUMM |IS/M 22/ M mka—ss 3037 22/ M gmumg m\ 21/00 omi poos h/m yum mm mm woo giat1,143 words
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Advertisement276 2003-08-13 22 BREAKBULK A CONVENTIONAL SERVICE DIRECT SERVICE FROM STORE TO KARACHI IVBSB V0T461 lUSH64POK IUMMOiH IMUII OIIHW fl-ff/M/03 12/W/D3 SEA-PAC MANAGEMENT PTE. LTD. 70 Anaon Rood •17-07/06 /IK Ap*x Tow, Singapore *****5 T«Mwmc 6270 0977 v FouMK 627S 2309 >H T«lmc tS ***** SUPAC ttRECT HN NAMPO, KOREA I rasa vorog276 words
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Page 25 Miscellaneous
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Miscellaneous120 2003-08-13 25 ioac K—/ FOR 7AM 13 Aug 2003 V >■ Issued by Meteorological Service Division,NEA LEGEND: Thunderstorm Wind speed symbols 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 >120 words
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