The Business Times, 25 August 2003

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Total Pages: 26
1 26 The Business Times
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  • Title Section
    Lock icon Masthead
    14 1 85* wmmweacooe THE BUSINESS TIMES nter.ot http'//business-times asial com sy MONDAY. AUGUST 25. 2003
    14 words
  • Article, Illustration
    Lock icon S'pore rated among best equipped for recovery
    1221 1  -  hi c exclusive But when cost is the biggest concern, intangibles' may not matter as mnch By, Anna Teo [SINGAPORE] The economy may have taken a beating, but in the eyes of various global competitiveness ratings services, Singapore still remains firmly among the
    Source: PERC  -  1,221 words
  • Article
    Lock icon MARKETS
    65 1 Week Change SI! 1640.19 *45.87 KLSECOMP ***** 14.84 NIKKEI 225 1W281.17 +417.70 HANG SENG *****.73 +336.17 SET INDEX 534.81 +15.77 JAKARTA COMP _***** +1219 MANILA COMP ...1245.34 -171 TAIPEI WPI 5646.62 +157JW SEOUL COMP 754.72 +27.71 SHENZHEN B ***** -&36 Al 'ST ALL ORD -*****0 +37.60 DOW JONES 9348.87
    65 words
  • Article
    Lock icon FINANCE
    76 1 FOREX RATES US$ S$ US$ (S$ per l'S$) 1.746 £(i;S$/S$ per 1576 1751 EllttHl'SS/SS/E). 1.092 1.907 YEN 117.9 67.541 KM 3.800 2.177 HK$ 7.799 4.468 BAHT 41.52 23.78 RIJP1AH 8,425 4827 RENMINBI 8.299 4754 INDIAN RUPEE 45.86 2617 AS 1.536 0.880 NZS 1.717 0.984 HOME RATES SINGAPORE* 5.25 MALAYSIA
    76 words
  • Article
    Lock icon Indon budget aims to keep economy on even keel
    750 1  -  Focos is on catting deficit and debts, not development From\ Shoeb Kagda in Jakarta HOLDING the boat steady amidst possible choppy waters. That, in a nutshell, is what the Indonesian government's 2004 fiscal budget is aimed at and going by public
    750 words
  • Article
    Lock icon Let me clear up a few misconceptions: PM Goh
    542 1 No, I'm not leaving yet; do, Dhtubftlu wasn't slapped [SINGAPORE] He isn't going until the economy shows signs of recovery and will still contest the next general election. After starting off on what sounded like a farewell speech, Prime Minister Goh
    542 words
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  • NEXT page
    • Article, Illustration
      Lock icon CPF cuts will come with relief pack: DPM Lee
      578 2  -  Govt has to adopt new rates fast, hot wffl be phased in By] Daniel Buenas (SINGAPORE] The government will implement CPF rate cuts without delay, but will also offer relief measures to help Singaporeans in their transition to a new CPF
      578 words
    • Article, Illustration
      Lock icon Greenspan the poor guy among world's central bank chiefs
      434 2 And HE'S Joseph Tarn is the best paid, says study [LONDON] He is known as the Maestro, but Alan Greenspan remains the poor relation of the world's central bankers, according to a report on The Observer website. The chairman of the
      434 words
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      304 2 HARM C-A^SINGAPORE JF/he Professionals in Executive Education /1 y v v TKMogy KM J, MBA Master iff lfcdßSlOgy I 1 U.K. MBA in General Management Singapore New Intake Register Now! 6n Singapore 35th Intake Register Now! 18 months; 8 subjects pins one project 100% conducted by University of Hull faculty
      304 words
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      Lock icon Page 2 Advertisements Column 2
      35 2 Th© WOrld S Incorporation Foes from USS50C Full professional after sa'es ?e'nee leading provided Fo> a con-,p nvntar > OffShOTG Florence Nathan Company and Tax Tel: (65) 6535 3382 Planning Fax; (65) 6535 399-, Specialists OCtct
      35 words
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  • SINGAPORE companies
    • Article, Illustration
      Lock icon MCL Land close to clinching Calrose Gardens en bloc deal
      537 3  -  Rii exclusive Collective sale of 301,000 sq ft freehold Yio Chn K&ng site expected to be aronnd $110 m By] Kalpana Rashiwala LISTED MCL Land is close to sealing a deal to buy a massive en bloc site, Calrose Gardens,
      FILE PHOTO  -  537 words
    • Article
      Lock icon PwC resigns as auditors for Global Tech
      220 3 MAINBOARD-LISTED Global Tech (Holdings) said its auditors, PricewaterhouseCoopers (PWC), have tendered their resignation as auditors of the company. Global Tech which distributes cellular hand sets and is also listed on the Hong Kong bourse said that it "could not arrive at consensus (with
      220 words
    • Article
      Lock icon G K Goh to enter IPO business soon with a China firm
      343 3  -  Rli exclusive Adhesive tape maker will be Bth China play to list on S6X this year By] Loh Hui Yin G K Goh has achieved a breakthrough in the highlycompetitive initial public offer business after a Chinese PVC
      343 words
  • Article
    Lock icon DIVIDENDS ANNOUNCED
    613 3 b Mi hv Npal h «Mhi H> wt> aw tii m mm A AlrooMnSrpSc b OJO UAug 15-Aug 03-Sap Kappal Cap S#c I UO ttAug »4a 0U« Australand 4jA3 Mug »Aug 12S*> KhongGuan b UO WOct 2VO? 10-Nov AMBtaiS aw OS-Sap 10-Sap 2»-Sap 2Sc b IjOO IMug OMap
    613 words
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      83 3 f| Buy It. Sen It. caxs. I Find It. (telly news ftoiri f)6tM(Drt( Of OMBT jOUfriSnStl QwO9S 'ii ;v-K <*»•.••= -s f f ~if 4; ~V iu; t s ~-„JF""V :kW fi H 3^BafespMMMp|HW|H6Mf^^^gt^^g.?^--*?■ ss^^-- S _T* ?f 3 ?Z. Si.-* *> jgfe^sa»|jP2a^SBß i: >~ f >$■.*#? ~<-^V s f
      83 words
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Untitled
      321 4 OTHER SINGAPORE INDICES Aug 22 VALUE CLOSE WOMB 729.00 -53.00 WCW -*****.00 -77.00 KTlHirMA -*****.00 +73.00 443.35 +0.16 WCjaMnChrt 165.42 +0.70 MEpBMfti 1409.11 +9.33 408.96 +5.03 MWTIatipiri 202.56 +0.41 sang fain 202.20 -0.40 t*dkm ¥rt— GoodpacK lc 234.050.000 •StarCruises 10c 190.804.000 DMX Tech US5c 162.562.000 Integra 5c 150.140.000 Chart SemiCond
      321 words
    • Article, Illustration
      Lock icon Kim Eng seen as 'sexiest' among the stockbrokers
      289 4  -  HOT STOCK/ WARRANT By' Ven Sreenivasan AFTER a tough six months to endMarch this year, the market has gone into a strong recovery mode which has seen a surge in stock prices and liquidity. The daily volumes during the last 10 weeks
      289 words
    • Article, Illustration
      Lock icon Caution likely ahead of CPF changes
      720 4  -  I-id comment STOCKS ven sreenivasan IT has been a very eventful week for the local bourse, what with speculation about the impact of the Central Provident Fund (CPF) changes, several big earnings result releases, and announcements on key US economic data. The Straits Times
      720 words
    • Article, Illustration
      Lock icon Asian units edge up on the back of yen strength
      536 4 Ten gains as investors snap op stocks, bat traders wary of intervention AFP [HONG KONG] The yen made gains against the US dollar during a week that saw other Asian currencies strengthen in line with action on the Japanese markets.
      AFP; AP  -  536 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    37 4 UNIT TRUSTS FUNDS LEGEND: AlprtaiwaMkMhwaupt tor*: tin MnggK taMb. (ready Dmwsfiad: I Narrowly Fooaad; S Ummt IHc»lMrlDlkdhMHctlMkM«> IMglißMu Bida*.* »i»Dmubdl ii Moil o< lite; <uM»Wan of unMK 9 alMr Modi MX- Nan Daalng Day; 90' Hoar MCKSSO.9IS
    37 words
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  • SINGAPORE companies
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      169 5 RAPHAEL-ALEXANDRE LUSTCHEVSKY IN CONCERT (PIANO) if i fcr own*#! inw erpmwiv BBS rffe *.v*» i in -.m. V.mm GUITAR RECITAL BY F^WI^^UCCHI B Spf" enquinesOtomas-music com ■HnHIIIHI CaH toll-free 1800 289 8822 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF BERDEX (SINGAPORE) PTE LTD
      169 words
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      123 5 Lianhe Zaobao I Beijing's I I Qinghua I I University I I looks to list its I I business I I ventures nl I Singapore I I I ttßM±!l! I Sun Fire" V6ox Sun Fire" V6sx Sun Fire™ V2lO Sun Fire™ V 240 Sun StorEdge™ Sun StorEdge™ SDLT 320 Desktop
      123 words
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  • FOCUS outsourcing
    • Article, Illustration
      Lock icon Banks: some jobs go, some come
      1199 6  -  While routine jobs may be lost to cheaper workforces, banks will keep more sophisticated functions in Singapore, reports Stow LI Son Siow Li Sen BANKS in Singapore may be moving their processing functions abroad, but these same banks may simultaneously move other types of
      FILE PHOTO  -  1,199 words
    • Article
      Lock icon BPO a bigger threat to S'pore jobs
      452 6  -  By Raju Chellam BUSINESS process outsourcing (BPO) may pose a bigger risk to Singapore jobs than mere IT outsourcing, given the trend of white collar jobs now moving to countries like India, China and the Philippines. BPO is done primarily by large organisations
      452 words
    • Article
      Lock icon Accounting, healthcare, law weighing move
      859 6  -  By Kenneth Lim THE outsourcing of professional services is not new to businesses, but as companies face increasing cost pressures, many are taking another look at how outsourcing works. In accounting, the reality of outsourcing could be a thinning of demand for accountants so jobs
      859 words
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      Lock icon Page 6 Advertisements Column 1
      101 6 L iiWF M m W «I^H KMrJy IP s%^^^H|H^B y U M K MKj^m m v IhH t bK^ ftesteurant 360 brings back all your favourites in the month of August! Cr eam, lemon dressing Pan-fried Foie Gras, braised daikon Coasted Cod, mousseline potatoes, miso blanc 360 Truffle-infused Mushroom Soup
      101 words
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  • SINGAPORE news
    • Article, Illustration
      Lock icon Private spending, GDP may drop
      380 7  -  =1 on the economy cpf cuts By Daniel Buenas ASSUMING a 6 per cent cut in employee's CPF contribution, total cost savings to businesses could amount to $2.6 billion to $3.5 billion a year, United Overseas Bank Economic Research said in a report. And if
      Source: Household Expenditure Survey 97/98, UOB  -  380 words
    • Article
      Lock icon CPF cuts and housing affordability
      498 7 THERE am concerns over how impending cuts to the Central Provident Fund contribution rate will affect mortgage payments and the property mark# in general. We look at what analysts haw to say. The impact on housing alfordabity wi vary with the amount of CPF Orclnary
      498 words
    • Article, Illustration
      Lock icon Cluny Court sold at $15m through mortgagee sale
      361 7  -  Deal compares with developer's $51m asking price in 1997 By Kalpana Rashiwala CLUNY Court, a freehold conservation commercial/ residential building that has been in the market on and off for the past five years or so, has finally found a buyer at
      STREATS FILE PHOTO  -  361 words
    • Article
      Lock icon Ascendas offers custom-built offices
      126 7 BUSINESS space solution provider Ascendas Land (Singapore) yesterday announced a new service which offers light industrial companies custom-built buildings in a new high-tech industrial park close to Sembawang New Town. Ascendas will offer customised development services for customers buying or leasing individual land plots ranging from
      126 words
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  • REGIONAL news
    • Article, Illustration
      Lock icon Taking stock of Malaysia's MSC
      792 8  -  l-ii comment VISAVTVW Acknowledging stumbling blocks will help to push prefect farther ahead diana oon abdullah Malaysia will host its annual International Advisory Panel (lAP) meeting for its Multimedia Super Corridor (MSC) project in 10 days' time. This will be the seventh such gathering since
      792 words
    • Article
      Lock icon China, India rail project bids too high: Dr Mahathir
      319 8 KUALA LUMPUR Reuters MALAYSIA said on Saturday it wants bids from China and India lowered further before awarding them contracts for a multibilliondollar rail project, which is part of a trans-Asia link from Singapore to China. Prime Minister Mahathir Mohamad told
      Reuters  -  319 words
    • NOTE Book
      • Article
        Lock icon Sinopec Q2 earnings down 12%
        74 8 Reuters inuiNu ivuinuj asih s largest ou reimer amopec uorp yesterday said second-quarter earnings declined 12.5 per cent as the Sars outbreak hurt its businesses. Sinopec posted second-quarter net profit of 4.28 billion yuan (*****.5 million), against 4.88 billion yuan in the year-earlier quarter, according
        Reuters  -  74 words
      • Article
        Lock icon Bangkok to ban trucks from hotels
        42 8 AP [BANGKOK] Thailand will ban trucks and other large vehicles from high-rise buildings, department stores and hotels following new warnings that terrorists may attack a coining Asia-Pacific leaders' summit, the Bangkok Post said on Saturday. AP
        AP  -  42 words
      • Article
        Lock icon Shin Corp told to give up TV stake
        49 8 AP [BANGKOK] The International Federation of Journalists has urged Shin Corp, a telecoms group owned by Thai Prime Minister Thaksin Shinawatra's family, to give up its stake in a local TV network, saying there was a clear conflict of interest. —AP
        AP  -  49 words
    • Article
      Lock icon AirAsia rethinking Islamic bond as yields rise
      477 8 KUALA LUMPUR Carrier may opt to nseinternal fonds, bank loans instead AFP HIGHER bond yields have forced Air Asia, Malaysia's no-frills airline, to rethink the issue of a RMI6O million (5573.5 million) Islamic bond issue to purchase and lease 11 Boeing aircraft, an
      AFP  -  477 words
    • Article, Illustration
      Lock icon Wealthy Chinese tourists bring cheer to HK shops
      473 9 HONGKONG AP EAGER for fine dining and designer labels, tens of thousands of wealthy mainland Chinese tourists have poured into Hong Kong since Beijing eased travel restrictions last month. And businesses here still reeling from the Sars crisis are welcoming them with
      AP; AFP  -  473 words
    • Article
      Lock icon China mulling offshore yuan market in HK
      605 9 HONGKONG Bat move to curb specnlation may backfire: analysts Reuters CHINA is considering setting up an offshore yuan market in Hong Kong with the aim of curbing currency speculation, but the move could backfire by giving investors a chance to bet on a
      Reuters  -  605 words
    • Article
      Lock icon China raises banks' reserve norms to 7%
      529 9 BEIJING Move to curb money supply to take 150b yuan oat of circulation: central bank Bloomberg AP AFP CHINA increased a reserve requirement on the country's commercial banks, allowing it to curb money supply growth in an economy expanding at more than 8
      Bloomberg; AP; AFP  -  529 words
    • Article
      Lock icon Oil up on Iraq bombings, further fall in US petrol stocks
      791 10 COMMODITY Weeklyßoundup AFP [LONDON] Oil prices rose still higher over the week, as markets were rocked by the deadly bombing of the United Nations' headquarters in Baghdad as well as a worrying drain to US petroleum stockpiles. Precious metal
      AFP  -  791 words
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      Lock icon Page 8 Advertisements Column 1
      1893 8 IB Organised by: Supported by: Supporting Publications: Event Sponsors: Site Tour Sponsors: ATOS -Trrrr- J MM IN THE MATTER Of THE IN THE MATTER OF ~^NTO^ra^~ COMPANIES ACT, CAP 50 THE COMPAMES ACT, CAP. 50 THE COMPANIES ACT (Chapter 50) ESSAR CONSTRUCTIONS LTD. mm™m*<» erne bomem (Wgakme) in the matter
      1,893 words
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      80 9 i. I HAACH TIMEI IKIE Lifestyle Division of Holding Pto llfl HAACH Holding Re Ltd I llfl fc f HAACH Moment HAACH Face, Skin Body Care Re Ltd LlfeStyle ConCept AdVlSOiy HAACH Spa Wellness Academy Re Ltd M€F 4b 9 m ODBS SINGAPORE SUNliCarr mmlConwnerctal l >i 9 'HarbourFrontcte plaza
      80 words
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  • Article, Illustration
    Lock icon FINANCE & COMMODITIES
    1014 10 FINANCE COMMODITIES Week ended-Aug 22 Rates quoted by ICAP AP BMQAPORE OOTEKMMEMT SBUUHITIBS DTDICATITE PRICES AMD YIELDS In— Cwpw Mil if I ty Litftt Vjglg jgg Cwpw ItotiritY iittrt VltM N*****1X 5.125 01 SEP 2003 *****.04/A 100.09 2.940/0.384 N503W0S 1.5 01 APR 2008 80 95.4/A 95.65 2.519/2.507 NS*****H 15 01
    Rates quoted by ICAP AP  -  1,014 words
  • Article
    Lock icon COMMODITIES
    1453 10 nCOM FUTURES Aug 22 lUHQ Fibres (Ctastae priccs) tSS1(ScmbA4) Close VoImm Ope* M—tfc Mp> Low Sett (tewis) Interest Sep 03 1 185.50 Oct 03 *3.50 Nov 03 182JO Dec 03 180.75 ISS3(UScMtsfo> VoImm Opm Mont* Hp I* Mt (tomws) Interest Sep 03 105.00 105.00 105.00 900 2400 Oct 03
    1,453 words
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  • WORLD news
    • Article
      Lock icon Philips to close down or sell 50 of its 150 factories
      355 11 AMSTERDAM Move aims to cut costs and focus on products that will set it apart from competitors, says chairman AFP Reuters DUTCH electronics group Philips will close down or sell off 50 of its remaining 150 factories worldwide, Philips
      AFP; Reuters  -  355 words
    • WORLD Watch
      • Article
        Lock icon 49% of voters won't re-elect Bush: poll
        121 11 AFP [WASHINGTON J A growing number 01 Americans ao not want to see US President George W Bush re-elected, and fear US troops will being drawn into a long, costly occupation of Iraq, according to a Afeiusweefcpoll released on Saturday. For the first
        AFP  -  121 words
      • Article
        Lock icon Tokyo minister sees tax hike in 2006
        68 11 AFP [TOKYO] Finance Minister Masajuro Shiokawa has said japan haato raise the 5 per cent consumption tax as early as in 2006 to replenish debt-ridden state coffers, Japanese newspapers said yesterday. "We canpotbelp raising (the tax rate) in fiscal 3006 or thfltealleifoe Niton
        AFP  -  68 words
      • Article
        Lock icon S Koreans tighten belts on essentials
        114 11 Reuters AFP [SEOUL] Soil) Korean consumers tightened their purse strings in the second quarter, even on essentials such as food and clothing, central bank data showed yesterday, indicating deepening sluggish domestic spending. Reduced credit ceilings by local banks and credit card companies aimed at
        Reuters; AFP  -  114 words
    • Article
      Lock icon Citigroup unit fined US$1m for supervision lapse
      267 11 NEW YORK Bloomberg CITIGROUP Inc's Salomon Smith Barney unit was fined US$l million by the New York Stock Exchange for failing to supervise brokers who encouraged World Com Inc employees to borrow money to buy stock in the phone company before it fded
      Bloomberg  -  267 words
    • Article, Illustration
      Lock icon Bad loans resolution on track: Takenaka
      387 11 KYOTO, Japan Reuters JAPANESE Economics and Financial Services Minister Heizo Takenaka said yesterday the country's banks were on track to resolve their bad loan woes, a problem which has stifled growth in the world's second biggest economy for the past decade. Speaking at a
      Reuters  -  387 words
    • Article
      Lock icon US carmakers may have understated pension hole
      277 11 LONDON Goldman report suggests deficits may be USs4ob wider THE hole in US carmakers' pension funds could be more than twice as big as investors thought, the Financial Times reported over the weekend. A Goldman Sachs report concludes that deficits have been understated
      277 words
    • Article
      Lock icon US credit quality slump may persist till 2005, say analysts
      665 12 NEW YORK Only 31% of all rating changes this quarter are upgrades Moody's Reuters US corporate borrowers are seeing far more rating downgrades than upgrades as the longest credit quality slump on record grinds on, although analysts see a turnaround
      Reuters  -  665 words
    • Article, Illustration
      Lock icon Nature's fury
      33 12 [Kelowna, British Columbia, Canada] People watching the Okanogan Mountain Park wildfire here last Saturday. The fire, sparked by a lightning strike, grew to more than an estimated 190 square kilometres. AP
      AP  -  33 words
    • Article
      Lock icon US official says China not the only cause of job losses
      365 12 WASHINGTON Bloomberg US manufacturers can't blame 2.6 million in job losses since 2001 only on China's cheap labour costs and currency policy, said John Taylor, the US Treasury Department's Undersecretary for International Affairs. Productivity gains in the US also
      Bloomberg  -  365 words
    • Article
      Lock icon FBI uncovers Al-Qaeda plot in Britain: report
      327 13 AFP [LONDON! Aug 24 (AFP) The FBI has uncovered intelligence that the AlQaeda terrorist network is plotting to hijack an aircraft in Britain over the next two months and fly it into an important building, a London-based newspaper said yesterday. British Airways and
      AFP  -  327 words
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      48 11 nn a l a a* Diners Club Credit Card r.«*,<»*64i6 0980 Where to wine, dine and entertain,,. g| m&mjgm Hooked on Pasta (<339 601P)... I savour delectable Italian Cuisine with my Diners Club Card <m> *General TAC apply. ?!VyBH Only if I pay with my Diners Club Card.
      48 words
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      86 11 Whan you won! a portoct start to Km rest ol your Hto. leave II to the eiperttl Call our HOTLINE *414 I OSS to speak to our Wadding Planner* and find out how you can havo perfect woddlng celebration rtflM herel Heavenly Mm lanQud Choice of 4-couwoCMn«n Plnw—oUntamrtlonc* »uH* Chinese
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      248 11 S^igS Iw2/N| t \mKj Discuss business and political issues with The Economist's economists including: Robin Bew HH David Satterwhite JH Chief Economist, Economist Intelligence Managing Director, Japan, Economist HL fl Unit, United Kingdom fl Corporate Network, Japan r Connie Bolland HH|H Lois Dougan Tretiak Regional Economist, Economist Vice President and
      248 words
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      Lock icon Page 11 Advertisements Column 4
      35 11 rang mahal haute indian cuitint Buffet Lunch Noon to 2.30pm (Closed for lunch on Saturdays) Dinner 6.30pm to 10.30pm Make your reservations with us at: 4 Tel: (65) 6333-1788 Fuu (65)6333-1660 wmutua MMB MAHAL LB^3Tl»PTP6rflcSm^w7>aWl«s>mi^>iroS»i>tSmg^irto3Wgs
      35 words
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      40 11 ~l MERITUS MANDARIN SINGAPORE Semirl&uljkb Semi-buffet Luncb. IOD 12.00 noon to 2.30 pm oflfle Monday to PrULty. YT\ $38+++ per person Itfthriai Reservations: *****258/88 MERITUS MANDARIN titai 333 Orchard Road. Singapore *****7. Tet: +65 6737 4411. Fax: +65 6732 2361.
      40 words
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  • Article
    Lock icon BROKERS' RECOMMENDATIONS
    866 12 Compiled by Thomson Financial l/B/E/l TtwatockncawMMWlOTtolwavwanoftf tterecommndatlmaitonllKl RECOMMENDATION FORECAST 1>H ■wl/ili Mfcirtng Itw tor li Thin h *M of 71 tirntari wrf—IHno rami COMPANY NAME TMS WEEK LAST WEEK EPS PE (times) —MNMwi>M—lwwyMBdii»hfcwd>yMliw2»bwlii.HMlrr»cowh »MiB»HypMB<dOW«1M5HlMiMM>«dWWB»dlBpWdMW>WMH Kgp.iTalaoomlT.if How How 7 35 11* MndboaFdCoppacFolHMai Undarpartorm undarpartorm 188 18.7 RECOMMENDATION FORECAST Undala»aaJacofca«Ud
    866 words
  • Article
    Lock icon SGX
    733 12 Week ended: Aug 22 9»i>mi m aw d—t m ami amm MnwHc OL» MOO -0.010 IMSlaalSOc mi uoo 4«m» C*C 051 4500 OOK 174 ***** «owo Captaland 1.17 1.440 *0020 Out 052 7.050 -0450 Chart SantfCond 26c 059 1070 Pwfc«ayH2Sc 0.40 0.910 ♦0.005 ObDwft 159 5300 ««200 feopte t
    733 words
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    Lock icon BONDS & WARRANTS
    558 12 BONDS WARRANTS M lal M Cam Eat d«< tar 'fi (mtm Ciapiiy 54* *m- fOMI OaOe Na N 1* 3684 AST1W*****1 25 61 1 C 2*1 10 107 AcmaLtdW0411* 1 -05 232 1 SO 364 IIjOO 15 3602 Ajntf* WOS0610 *1 5 428 1 33 13$ 22 3603 Armstrong W*****0
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  • Page 12 Miscellaneous
    • Miscellaneous
      Lock icon Page 12 Miscellaneous Column 1
      331 12 CRYPTIC CROSSWORD 1 What one thinks can be found on picture-postcard (4) 3 One who does hght work ar- IT""^^^l"~" ranging marriages (10) 8 Building for teaching swimmere (6) 10 Care about this in Paris that had been pieces (6) I I I P' 11 One does not expect to
      331 words
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  • Article
    Lock icon SGX MAINBOARD
    13 13 Transaction date: Aug 22 for live prices, log on to irwwxtsiaonemarketsjcom
    13 words
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    Lock icon SGX XTRANET
    75 13 IM M lal M M II Q—i GrOW Hv OtH Mat MCa lam Ca* C 1* W- (<■> «N» t— Sdhi Cw Wt M 9600 89 6065 Dufnon* US8780 3750 2700 609S IS DJ US Tech US3740 555 555 6097 IS MSCI Spore US555 •270 8200 6101 tSSAPSOO
    75 words
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    Lock icon SGX SESDAQ
    1888 13 SHMt M Lact VW WMt tip—H CrtNv Ohr CtVW MM MCa Law Cnnpwi) Mi *t- CW8t I— —rm U*m Cm M imi 24 75 WOO ABKHIdgsSc 20 unch 2012 21 19.5 19.5 20 *6 15 2101 APOiISc 34 5 *45 ***** 38 28.5 34 34.5 21 N2.6 3
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    Lock icon CLOB INTERNATIONAL
    304 13 IHk M IM M M LaatQaat* GrfM* Mr CM M Mb <:■■>■» SM§ *4- rm t— M» o m WJ 161 (1 6000 AVJenrnngs A25c A15B *1 213 160 157 157 159 40 14 63 92 M0.1 6001 C*tfwyPx20c MIC720 *5 2.1 74 6 *****J 6002 Owuru KongSOc...
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      134 14 When NTUC FairPri-cc, one of Singapore's largest supermarket chain, wanted to streamline its inventory control to enhance its customers' shopping experience, they turned to the leader in IP VPN solutions for assistance After all, SingTel Meg <■> POP can provide the means to connect the stores efficiently and offer t
      134 words
  • BizIT
    • Article, Illustration
      Lock icon Lessons from the pesky Sobig.F bug
      857 14  -  lii comment INFOTEO flfwnpnniftg should regularly upgrade computer hardware, spend more on security systems, and pnt employees through computer security courses jennifer lien I never knew I was so popular. I have received 2,000 e-mails in the last three days from editors, colleagues, contacts,
      857 words
    • Article
      Lock icon Sprint sees 20-30% revenue growth in Asean, China
      247 14  -  By Amit Roy Choudhury SPRINT International, a part of the US$B billion Sprint group, expects revenues to grow by 20-30 per cent in the Asean region and greater China this year, according to Connie Tang, Sprint's managing director, greater China/Asean. In July,
      247 words
    • ON THE SHELF
      • Article
        Lock icon New solutions from Canon
        86 14 CANON has introduced the Canon imageWARE (iW) suite of software. It comprises four modules: iWScan Manager, iW Document Manager, iW Publishing Manager and iW Gateway. Users can use these modules to perform various tasks, such as electronic document archiving and retrieval, high-volume scanning, and on-demand printing
        86 words
      • Article, Illustration
        Lock icon SMC unveils new TigerStack
        82 14 SMC Networks, which produces easy-to-use connectivity products for businesses and homes, has announced the newest in its Tiger Stack line of business networking products, the SMC6B24M Tiger Stack 111 10/100 Managed Switch. Priced at $1,359, under $57 per port, the SMC6B24M is a solution for bandwidth-starved
        82 words
      • Article
        Lock icon Iomega hard drives
        76 14 lOMEGA Corporation is now shipping two new external hard drives with a dual interface design. They are the lomega HDD 40GB Portable Hard Drive, priced at $449, and the lomega HDD 120GB Desktop Hard Drive ($459). Both drives feature compatibility for both USB 2.0 and Fire Wire
        76 words
      • Article
        Lock icon BeoQ's new DVD+RW drive...
        51 14 BENQ has introduced a DVD+RW drive, which it claims to the world's fastest, the DW4OOA. Offering 4x write and 4x re-write speeds, the DW4OOA utilises components from Philips BenQ Digital Storage (PBDS). It is priced at $299 and comes with bundled software. For more details, visit
        51 words
      • Article
        Lock icon ... and digital camera
        60 14 and digital camera BENQ has released its latest digital camera model, the DC 5330. It has a 3.2 mega-pixel CCD and an interpolated resolution of 5.5 mega-pixels. The camera features a 3x optical zoom and a 4x digital zoom, providing a total of 12x of continuous zoom. It is priced
        60 words
      • Article
        Lock icon Latest Inspires from Dell
        51 14  -  Clufilwlbj Amit Roy Choudhury DELL has announced its newest multimedia notebook, the Inspiron 8600. It includes Intel's latest Pentium M processors up to 1.7 GHz and 128MB NVIDIA GeForce(tm) FX G***** graphics capability, and includes widescreen Ultra Sharp displays. Prices start from $3,299. For details, visit
        51 words
    • Article, Illustration
      Lock icon Asia-Pac revenues up 53% for webMethods
      721 15  -  This comes despite sluggishness in the IT market worldwide Byl Amit Roy Choudhury TriJS leaaing inaepenueni provider of integration software, web Methods, has seen a 53 per cent increase in its revenues from the Asia-Pacific in the past four months. This comes despite the
      721 words
    • Article
      Lock icon Apples hopes to tap Bollywood market
      137 15 AFP [BOMBAY] Apple Computer on Friday said it plans to make inroads into Bollywood by offering its latest G5 processor-based computers for faster editing of films. Apple hopes to entice Bollywood into using the G5 machines, made in collaboration with IBM, to edit, animate,
      AFP  -  137 words
    • Article
      Lock icon Sobig.F virus slows, but may return in coming weeks
      332 15 Reuters [SAN FRANCISCO] The culprit behind the fast-spread-ing Sobig.F virus is expected to try again in coming weeks to create a vast network of zombie computers to carry out Internet attacks, security experts warned on Saturday. "He wants to build up
      Reuters  -  332 words
    • Article, Illustration
      Lock icon Web-enablement key to total customer self-care
      1034 15  -  For customers It's empowerment; tar service providers It's a huge chunk off the spending on customer service g joslin vethakumar TOTAL care is the new mantra that is gaining currency as telecom service providers unleash every ace up their sleeve to slash costs and
      1,034 words
    • Article
      Lock icon Big players differ over state of PC industry
      348 15 Intel, Dell say slump may soon be over; HP sees ontlook worsening LAT-WP [SAN FRANCISCO] The computer industry is recovering modestly, except where it's floundering miserably. According to Intel Corp and Dell Inc, the threeyear slump in PC sales that has devastated
      LAT-WP  -  348 words
    • IT TAKES
      • Article
        Lock icon S'pore IT Arms In Mexico
        71 15 FOUR Singapore-based IT companies left on an eight-day business mission to Mexico last Saturday. The mission is jointly organised by the International Enterprise Singapore and Infocomm Development Authority of Singapore. The four companies, Cicada Cube, Ecquaria Technologies, Crimson Logic and Trekstor USA (a 100 per
        71 words
      • Article
        Lock icon Cisco Showcase 2003
        58 15 CISCO Systems' Showcase 2003 will focus on solutions that prepare businesses for the global Internet economy. Showcase 2003 will also highlight the benefits that advanced technologies such as IP telephony, security, storage networking and wireless LANs have. The event will be held at the Raffles City Convention
        58 words
      • Article
        Lock icon Infocomm Horizons seminar
        56 15  -  Amit Roy Choudhury THE 10th Infocomm Horizons seminar will be held at the Level 3 Theatre, Suntec Singapore International Convention Exhibition Centre, on Sept 18 from 9am to 5.30pm. Robert Fontana, president, Multispectral Solutions, will deliver the keynote address on "Ultra wideband technology—from regulatory nightmare to commercial
        56 words
    • Article
      Lock icon ABB to use S'pore as hub to push Asia sales
      681 16  -  l-iri exclusive The Asia region contributes up to USs3b in annual revenues for ABB, group executive vice-president Dinesh Paliwal tells Rqju Chellam Raju Chellam EUROPE'S largest electrical engineering company, Zu-rich-based ABB Group, is betting big on Asia especially on the
      681 words
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      Lock icon Connecting shop floor to top floor
      306 16  -  Byl Raju Chellam IN a unique new alliance, four industry majors Intel, Microsoft, Accenture and ABB came together last month to help manufacturers connect their shop-floor plant operations to their top-end business systems. The alliance aims to help large manufacturing companies integrate their shop-floor
      306 words
    • Article, Illustration
      Lock icon Intel unlikely to build wafer fab plant in Asia soon: CEO Barrett
      669 16  -  From« Jennifer Lien in Silicon Valley ASIA is Intel Corp's largest and fast-est-growing geography in terms of sales, and the base for many of its manufacturing operations. But don't hold your breath for the chip giant to build
      669 words
    • Article
      Lock icon Toshiba reshaping notebook PC arm to cut costs
      199 16 AFP [TOKYOJ Loss-making technology giant Toshiba said last week it planned to reshape its notebook personal computer (PC) arm to reduce costs, which could include boosting the level of production outsourced to Taiwanese firms. The Japanese manufacturer currently outsources 10 per cent
      AFP  -  199 words
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      322 16 Weakly W SPECIAL RegWef V August2Bth/ SYNOPSIS It has been a treacherous season for the bottom-line. Companies have responded to the economic downturn by significantly reducing spending in all areas. However such cost cutting measures may only result in short term improvements. But now that the economic outlook is improving,
      322 words
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  • SHIPPING TIMES
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      Lock icon SHIP SALES
      271 17 Contributed by Simpson Spence Young THE week fizzled out towards the end with a Major holiday in many European Countries, including Greece. wwj omn—i ♦Golden Laker. 30,838 tdw bit 9/96 Naikai reported sold region U5512,400,000 to US-based buyers. •Bright Phoenix. 27,760 tdw bit 4/96 Shin Kurushima reported sold
      Contributed by Simpson Spence & Young  -  271 words
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      Lock icon TRANSPORT STOCKS
      243 17 SGX '000 *■>22 WCWT Ovtribubon 0 58 imxJi 130 OluanH(4> 0.44 unch 2778 CHOKtare 032 -0.01 1494 Cotco InveMmcnt 045 unch 546S FraMttLMs 0.07 -041 730 GSHotdingt 477 -0.01 47 Ja»»HokJ«ngs 0.47 -0.01 1400 KappalGorp A15 -0.15 2033 KlVantuc 0-23 wd) 2643 kappei T«tc 017 unch 134 Labro*
      243 words
    • Article
      Lock icon APL rates up 13% in July
      586 17  -  Rate restorations pay off as NOL arm sees demand build up By\ Beth Jinks [SINGAPORE] Neptune Orient Lines container arm APL has backed up projections of a "significantly better" second half by showing a 13 per cent improvement in its average July freight rates
      586 words
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      Lock icon Colossal cranes
      42 17 [NORFOLK] Four new cranes are carried to Norfolk International Terminals aboard a ship that sailed in June from China where the cranes were built. The cranes are part of a renovation project at the Norfolk, Virginia, terminal's southern end AP
      AP  -  42 words
    • Article, Illustration
      Lock icon Greek oil tanker sinks deeper, leaks more crude into sea
      243 17 GROUMDnro OTP PAKISTAN Reuters [KARACHI] A Greek oil tanker grounded outside Pakistan's premier port of Karachi since last month, spilled more crude after tilting further and sinking deeper into the sea, a senior official said. "It was a pretty bad
      Reuters; EPA  -  243 words
    • Article
      Lock icon Rotterdam port posts 13% growth in S'pore trade
      277 17  -  Beth Jinks [SINGAPORE] Europe's busiest port, Rotterdam, enjoyed a surge in Asia volumes last year, including 13 per cent growth in Singapore trade, but warned increasing direct shipments could erode the importance of transhipment hubs in this region. Rotterdam saw 9 per
      277 words
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      Lock icon A cheap way to curb corrosion in double-hull tankers
      845 18  -  DOCKYARD -By\ David Hughes WHILE US and European politicians appear to believe that the complete answer to the threat of accidental pollution from tankers is the banning of single-hull vessels, the shipping industry is now having to learn with the problems
      FILE PHOTO  -  845 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      3 18
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      Lock icon SHIPPING GUIDE
      3 23 thebusinesstimes
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    • SHIPS IN PORT
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        Lock icon CONVENTIONAL WHARVES
        531 25 Vessel Voy Mo Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL ANETTE 552 J15/16 A/SIDE 25/08 1900 APOLLO DUA 303A J6 A/SIDE 25/08 1000 ASIA CEMENT6 454 J23 A/SIDE 25/*****0 ELEGANT PESC 17 J5 A/SIDE 25/08 2300 TAGANROGA 1 J12 A/SIDE 25/08 0600 BATAMMURNI JB802 J5 25/*****0 25/08 2300 BAYSWATER228
        531 words
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        Lock icon CONTAINER SCHEDULES
        2 25
        2 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        132 25 Aug 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. Sep 11 Brazil: Independence Day. South Korea: Harvest Fest Day. Taiwan:Mid-Autumn Festival. Sep 12 Hong Kong: Day after Mid-Au tumn.
        132 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        829 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 indi cated The Cockett Bunker Price Index change
        829 words
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        Lock icon VERITAS BUNKER QUALITY REPORT
        446 25 Car*** WO Max 994.8 0.6 15.4 0.07 31 0.06 Am 21 Density Water Residue AtOAhiwInixa Sidlint "o above E25 2 0 Z 0 0 0 22i! 380 Ave 906.7 0J 14.0 0.05 27 0.01 380 Mai 992.6 8.6 17.4 0.10 7» 0.06 wt/tr] w/v M/M WW
        446 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon SIA unlikely to be local rival: Qantas
        465 26 MD says not easy to come into Australia and set np third full-service domestic airline Bloomberg [SYDNEY] Singapore Airlines, Asia's largest airline by market value, probably won't become a domestic rival for Qantas Airways and Virgin Blue in Australia, where Qantas is considering
        Bloomberg; AFP  -  465 words
      • Article, Illustration
        Lock icon Airbus A380 fuselage section
        68 26 AP [NORDENHAM] Workers loading the first fuselage section for an Airbus A39oplane onto a container at the Airbus plant in Nordenham, north-western Germany. The piece of a fuselage is up to 10.80 metre long, 6.7ometres high and weighs 1.6 tonnes. A ship wiU transport the fuselage
        AP  -  68 words
      • Article
        Lock icon Airbus aims for 50% market share in China
        210 26 AFP [BEIJING] European aviation consortium Airbus Industrie said it aims to capture a 50 per cent market share in China by targeting the country's need for 1,600 large aircraft in the coming 20 years. China is a strategic marketplace for Airbus and
        AFP  -  210 words
      • Article
        Lock icon SALE sees 5-10% rise in aircraft leasing rates
        216 26 Bloomberg [SINGAPORE] Singapore Aircraft Leasing Enterprise (SALE), one of the world's 10 largest plane lessors by fleet size, forecasts lease rates for new aircraft will rise by between 5 and 10 per cent in the next year as air travel demand picks
        Bloomberg  -  216 words
      • Article, Illustration
        Lock icon Vietnam Air spreads its wings
        704 26 Carrier going after long-haul routes with new aircraft AFP [HANOII Fuelled by the delivery of new long-haul aircraft and an ambitious route expansion programme, Vietnam Airlines has signalled its intent to become a major player in Asia's competitive aviation market. Vietnam's flag carrier's roots date
        AFP; REUTERS  -  704 words
      • Article
        Lock icon Boeing may lease or sell 30 planes to Russia by end '04
        406 26 Bloomberg [MOSCOW] Boeing, the world's biggest aircraft maker, expects to lease or sell as many as 30 new and used planes to Russia and other Commonwealth of Independent States countries by the end of next year as carriers
        Bloomberg  -  406 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        356 26 IM2 WS 5Q346 2355 AIRLME COOES AA Amman Artns (AAL/.AF to Ftm (A/*). Al to Ma (AC) AY fmm Of im). At AtUa Attns (AZA).BABrmtiAneys Pattc Lt) Co (BAW) BG Bmtn SnpMksD Artns (BBC). Bt Roy* Bnrm Artnrs Sth Bhd (RBA) BO Bant) Artns (BOU) BR
        356 words
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      173 17 SALE sees 5-10% rise sututiMr in leasing rates tobejoc»i A cheap wayto curt) conosion its wing* in douUe-huR tankers .page 2 SOUTH EAST ASIA AND SOUTH ASIA/AUSTRALIA TRADE FACILITATIOH AGREEMENT NOTICE TO TRADE RATE RESTORATION EFFECTIVE 1 OCTOBER 2003 The following Lines wish to inform the trade that with effect
      173 words
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      797 18 I TOUBA/CAMADA 1 I EXPORT I I OTHER DESTINATIONS 1 Ivesa Ivor Iwb II TO AUSTRALIA {AUSTRALIA ASIA EXPRESS! nonuonnK 33D5 24/w vm I 12/w ivw 19/w )W 17/w 20/W ygsa yor I raal w» m m sro m m" OOQCAUFOBM 73E34 02/W 03/09 I 19/09 23/W 24/W 24/W 24/W
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      452 18 lines i lervKM raprwwtad by Xg»»» Singapore Shyptng Aaocirtion COtHMOS/ CONVBmONAL CARGO ww «uwc/a»WK/ jmmwi t WV KTAPKL ETA SIN hTAMALE PrteMasLßy MS 2VH 27/W Ml MaM Cantor 741 A A« liH LIU MARINE SERVICES SINGAPORE Phoar lU4 nifUMMt he BUMI St ANCNART AGENCIES SON BHD E T TRANSUNDO JAKARTA
      452 words
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      1237 19 FROM EUROPE vcsa iwr si en ti» aw ham om sou un iiwbr |wr m m w m sou w aT~| HYUNDAIMGMKSS 345W25/00 21/09 23/W 20/W 27/W MLPMOMANS 01(105/00 07/W W/W 10/0014/00 APISSiIB 105* S/W 17/W 19/WIS/W *10** 11* 17/W W/WO4/M 27/W ■anon 010*29/00 w/w u/w »/w»/w ht—ml 225C2 Ufi
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      457 19 *ssa wr sm jp m k Uwpg |iHSp7/iU/i|«/* os/i\*fl M oncmmoß 3ns a/i a/i w/» v* 7/» w w HTBaWWADWOSIW lwlvt I 111/f W li/H 17/1 17/1 BOCiMATO 318 31/1 V* V* lift IV» IV* HTWOMBS l|P<KH&yi |j!3S 7/1 1W 11/> 17/f M/» tl/f Z7/» «saw« a MIKHHWK resa WW
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      728 20 nci mi A O EMOU—■■/■<> OK WHH M3TT344 MX: MM74W l-MML: »MW*l raw UCLIviMO DOCWmniWKXW/OMWMIOO. M3MMT HU; «WOIT7 vßsa vor sw uiamm roiTf worn [mw uwrntu hmcak |mu*« ruu Toil om conmou ugos douau MmslW* -JoT 31/01 17/0* WW 17/W a/M #7/10 JM» IVW JW» H/10 M/W H/W 03/10 W
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      540 20 BSA ikl MYANMA FIVE STAR UNE (Hp-Mr ItaM UM) Udh|forY«|M vßsa vot SM pa km ran PAGAN 306W SID MPA-AN Mm SIB M MALAYSIA: OOUSTUD SHIPPING ACOKKS NIL 03-*****900 PKL 03-3170*101 PBfc 04-2****** BANK LINE |A seriks el Aeirew W* SUpphg) I NORTHBOUND TO tUKOPi~| V aMMa. lOtQt MU t
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      1133 21 |yw»i VQY KHH HKO SIN I W I PK» I l*» 1 DMM gg~] CAM mo KL 8003 SKIP 34/08 (JKT) 17/08 28/08 07/09 0«/09 15/09 17/09 KAN ISFAHAN KL 316 27/Ot 28/ OS 31/ OS 01/09 06/09 09/09 16/09 18/09 SIMA TOU6A KL 8004 SKIP SKIP 10/09 11/09 21/09
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      562 21 i RSI UK CONTINENT SERVICE Loading tar THOR LOTUS RTM/ATW/BMN/UK/NAN Load» Singapore. E7W. MrtayM. Indon— MIDDLE-EAST SERVICE Loading tar LOK LAJESHWARI ADN/HDD/JDH/AQA J. FRIEND DBI/ABU/DOH/BRN/DMM/KWT FIVOS DBI/ABU/DOH/BRN/DMM/KWT *LoacM Singapore, E7W. MMaym Indoneain USA SERVICE LoadtagOor PACIFIC EMBOLDEN CAM/NFK/SAV/NOL •Loads E/W. Mafayaa, Indoneaa F.E./S.EJL SERVICES Spore Loadtogtor LUCKY STAR INCVBSN "Loads
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      519 22 mauioe iiin wm/m 0547/04 1213/w I ikbsnmi im oi-os/w 04-11/04 iu7/» I dgbskv mm osoi/w imvm hio/m I IKB SEA 114 M 04 10/W IHI/W 2324/W I I^sr— ss —s —s —n -Sum SS Wm oms7m iTiW~| IKBSHRB 443 29-24/ M 0404/04 15-14/04 I OM 114 31-01/19 07-W/W 17-11/W I
      519 words
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      914 22 A FREIGHT LINKS EXPRESS PTJM.TDK 51 Penjuru Road, 3 Level, 1 1 Freight Links Express Logisticentre, Singapore *****3 Tel: *****511 Fax: *****577 L E-mail: flesin@sinqnet.com.sq j^fispKFLJhiJ LCL SERVICE TO JAPAN/INDONESIA/PHILIPPINES e OSAKA KOBE CEBU JAKARTA YOKOHAMA NAOOYA SURABAYA MANILA e TOKYO 1.00/SHIPMENTII Booking 6267# 5565/4694/55 3 *****0/5541/5508/*****5560/5563/5514 PROJECT Cr HEAVY
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      Lock icon Page 22 Advertisements Column 4
      252 22 m IMjEajl BREAKBULK A CONVENTIONAL SERVICE DMtECT SERVICE PROM STORE TO KARACHI iresa wita mmurou imMumTl liomr >i iw n/m/n lt/w/w SEA-PAC MANAGEMENT PTE. LTD. 70 Anaon ftood #17-07/09 A«mx Towv, Singapore *****5 Tiliphini: *****977 vl fiiiiiJi- 6275 2)09 Wmc t> ***** SKAP6C DttCT SX NARPO, ggfc Ivtssa votmsi cuawsawg
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  • Page 25 Miscellaneous
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      Lock icon Page 25 Miscellaneous Column 1
      112 25 Issued by Meteorological Service Division,NEA LEGEND: K Thunderstorm Wind speed symbols v 7 Showers Full circle w/o line indicates calm or light and variable winds p am 1 -One half fleche represents 5 knots Cloudy Day -One full fleche represents 10 Knots cx Hazy A -One solid triangle represents 50
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