The Business Times, 18 September 2003

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Total Pages: 24
1 24 The Business Times
  • 15 1 MITA (P) 024/03/2003 85* THE BUSINESS TIMES SINGAPORE Internet http://business-times.asial com.sg THURSDAY. SEPTEMBER 18, 2003
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  • 639 1  -  Poor figures show S'pore not gaining from US recovery: economists By Chuang Peck Ming [SINGAPORE] Singapore's key non-oil domestic exports grew slower than expected in August, leading some economists to wonder if the rebound in US demand is being diverted to China. The latest
    Source: IE S'pore  -  639 words
  • 73 1 sn 1,602.75 (+18.27) ST INDEX FUTURES 1,607.00 (+18.00) SMSCI FUTURES 197.30 (+2.30) Wednesday Change KLSE COMP 747.00 +5.24 NIKKEI 225 _10.990.II +10=1.08 HANG SENG __l 1.140.05 +68.67 SET INDEX 558.70 10.13 JAKARTA COMP .585.91 +4.67 MANILA COMP ..1,***** +25.20 TAIPEI WPI 5,747.14 +47.88 SEOCLCOMP 766.59 +2.96 SHENZHEN B ____225.56
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  • 77 1 FOREX RATES US$ S$ rs$ (S$ per US$) 1752 £|l S$/S$ per S)_ 1.589 2.783 EURO(TS$/S$/E). 1.118 1.958 YEN 116! 66.31) KM 3.800 2.169 HK$ 7.799 4.452 BAHT 4054 23.14 RI'PIAH 8.465 4,832 RENMINBI 8.299 4.738 INDIAN KlTEE 45.94 2ti.£i AS 1.513 0.864 NZ$ 1.714 0.978 PRIME RATES SINGAPORE*
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  • 442 1  -  Oil services group's shares up sixfold since May listing From Eddie Toh in Kuala Lumpur THE only son of Prime Min-ister-designate Abdullah Ahmad Badawi could have become RM3BB million richer overnight thanks to a mad scramble for shares in his
    Source: Bloomberg  -  442 words
  • 75 1 Give me a 'W'. THREE people in the forefront of the effort to help unemployed Singaporeans yesterday literally spelled out what the exercise involves. At the launch of the Workforce Development Agency yesterday, the trio —Acting Manpower Minister Ng Eng Hen, Prime Minister Goh and union chiefLim Boon Heng —put
    WONG KWAI CHOW/ST  -  75 words
  • 632 1  -  It could be Central Group's first overseas foray By Loh Hui Yin [SINGAPORE] Central Group, which operates Thailand's biggest department store chain, is emerging as a potential buyer of the retail operations of Robinson and Co. Together with Indonesia's
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  • NEXT page
    • 613 2  -  Shot in the arm for investors as Fed says it will not prematurely tighten rates From Andrew Marks in New York AS expected, the Federal Reserve kept short-term interest rates unchanged at its meeting on Tuesday, but the stock market reacted
      AP  -  613 words
    • THE grapevine
      • 42 2 DELEGATES returning from the collapsed World Trade Organization talks in Cancun. Mexico, may And this appropriate. They should have realised that Cancun comes from the original Mayan name for the site which is Kan Kun. meaning nest of vipers.
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      • 151 2 UNITED Overseas Bank yesterday launched the Visa Infinite card —meant for the mega rich. You have to be exceedingly exclusive, and as the name implies, the holder is beyond such mundane matters as having a credit limit In Singapore and other countries where rules get
        151 words
    • 235 2 Reuters 'The Federal Open Market Committee decided today to keep its target for the federal funds rate at 1 percent. The Committee continues to believe that an accommodative stance of monetary policy, coupled with robust underlying growth in productivity, is providing important ongoing support to economic activity.
      Reuters  -  235 words
    • 519 2  -  He allegedly drew down money from forged accounts By Ven Sreeniwasan [SINGAPORE] Former Asia Pacific Breweries (APB) finance manager Chia Teck Leng faces 18 additional charges of allegedly drawing down some Ssll7 million from forged accounts he had set up with
      519 words
  • Page 2 Advertisements
    • 410 2 Financial Reporting Developments 2003 Dates What Wednesday, 15 October 2003 Accounting standards in Singapore are now prescribed by the Friday, 14 November 2003 Companies Act and are known as Financial Reporting Standards (FRS). The change from the previous Statements of Accounting 9 00am to 12. spm s tan dard (SAS)
      410 words
    • 85 2 Incorporation services in all major jurisdictions Global network of offices Ready-made companies available Management and administration services China business registration Accounting and trade support services Virtual office solutions Personal and corporate bank introductions TO ARRANGE A FREE CONSULTATION CONTACT: Aidan Healy or Simonne Toh T:465 6535 3382 F:+********** E:singapore#ocra.com.sg 24
      85 words

  • Page 3 Advertisements
    • 62 3 i -W iwiiTf If- r" I xjmT~_ *.v. i I 4. i Excellence runs in the family. Rarely does having a family save you money; the Airbus Family does. With the versatility and profitability of the A 320. the long-haul performance of the A330/A340 and the ground-breaking A3BO. passenger comfort,
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  • SINGAPORE companies
    • 695 4  -  Halim's 50 cents a share offer undervalues QAF stock, says GK Goh By A la Tan SPECULATION over who the likely buyer of the 35 Shop N Save outlets will be has been rife after major shareholder QAF Ltd disclosed
      695 words
    • 433 4  -  MAS extends deadline to Sept 29 after request by casino operator By Loh Hui Yin CASINO operator NagaCorp will be appealing to the Monetary Authority of Singapore (MAS) to reconsider its listing now that the central bank has extended the appeal period. Hie
      433 words
    • COMPANY Briefs
      • 82 4 CYCLE ft OtrrtagB Ltd (CCL), a Singapore-based company that owns a third of Indonesia's biggest carmaker, said yesterday that it plana to sell an Australian distribution unit to Sooth Korea's Hyundai Motor Co for about AJ0 million (Sf 10.4 million). The sale is expected to be completed
        82 words
      • 49 4 DARCO Water Technologies Limited said its subsidiary PV Vacuum Engineering Pte Ltd has been swarded a $1.9 million contract to construct an air quality management system for Seagate's new media factory in Woodlands. The contract is expected to be completed in the first half of neat year.
        49 words
      • 55 4 has proposed to change its L j. C iivsQ r„. riLStKnEaSa auditors for KLW Wood Ltd and Inanhaus (S) Pte Ltd. Its resignation will take effect from the date of appointment of the new auditors. The pguposwl change is subject to shareholders' approval
        55 words
    • 481 4  -  By Tang Weng Fai THE share price of Chartered Semiconductor Manufacturing, the world's fourth largest custom wafer fab, soared as much as 10 per cent in heavy volume yesterday on talk that its parent, Singapore Technologies Pte Ltd, may be planning
      Source: Bloomberg  -  481 words
    • 771 4  -  HOCK lock siew r sivanithy RISING stock prices do odd things to many people. Because all sorts of emotions start running wild (mainly greed and fear), disclosure standards are allowed to slide and normally rational individuals find themselves acting with irrational exuberance. Best
      771 words
    • 396 7  -  Stock ends at 63¢ for a 137.7% premium, the highest this year By Kenneth Lim A-SONIC Aerospace made its main board trading debut yesterday with flying colours, zooming more than two times above its offer price of 26.5 cents a share to a
      Source: Bloomberg  -  396 words
    • 489 7  -  Latest to launch IPO is China Food Industries; KXD lodges prospectus By Kenneth Lim CHINA plays continued to drive the local initial public offering market yesterday with one new IPO and another company announcing its intention to list here. Singaporean-run China Food Industries (CFI),
      CHRIS LOH  -  489 words
    • 419 7  -  By Wong Wei Kong REMISIERS can now operate in teams and enter orders for each other's clients in a move by the Singapore Exchange to make it easier for them to diversify into non-trading activities like insurance sales and financial planning. The
      419 words
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    • 867 4 Notices NOTICE OF ANNUAL GENERAL MEETING TAT SENG PACKAGING GROUP LTD. (Incorporated in the Republic of Singapore) NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company win be held at 28 Senoko Drive, Singapore *****4 on 3 October 2003 at 10.00 a.m. to transact the following business
      867 words
    • 355 4 IN THE MATTER OF THE COMPANIES ACT CHAPTER SO AND IN THE MATTER OF COMANTRAD PRIVATE LIMITED (la Mcnbrn'Vatantary Liquidate) Al the hxtraordinary General Meeting of Comantrad Private Limited duly convened and held at No. 35 Jalan Pcmimpin. #08-00 Wedge Mount Building. Singapore *****6. on 28(h August 2003 the following
      355 words
    • 94 4 AJfyn/neari to trow about ea« <preak9Kf I *****555 through fee Economic Downturn! Take the CBQ test. Discover how YOUR BRAIN can ATTRACT OPPORTUNITIES and put into practice the strategies that cultivate this power everyday! Loam the secrets that are preventing you from: creating New Opportunities being Organized and Managing Your
      94 words
    • 16 4 GONE! Before vol. e\e-" Holding an auction? C i o 1 to 000 Notices aovert senvr
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    • 447 5 Wk ft JtSt Jfe. A| ISJ VvAlB W 1 1 l fcfc I /fr vTI ys J:< -^iPvl Sv ,S,v f |H l; v jl 'V< .in ;r:; •js3F; j|p 5 v?i Quite probably, your new E-Class knows more about your wife than you do. Do you know your wife's
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  • SINGAPORE markets
    • Article, Illustration
      305 6 OTHER SINGAPORE INDICES Sep 17 VALUE CLOSE BTOa/OS 466.00 -1.00 WCiPt -*****.00 +146.00 BTlHeylU -*****.00 +47.00 NkSGEqaMw 438.75 +4.87 S6 Il«ct 176.05 +0.09 SG CmWMFIH 1370.55 +19.55 SGEVMMJPmp 394.09 +3.26 —SOTIf piro 197.19 +2.14 SMSOFMmw 197.30 +2.30 4 Sonic 207,730,000 Chart SomtCond 26c *****.000 Circuits Plus HWgs w 85,247.000 AEMfvertach
      305 words
    • 277 6  -  HOT STOCK/ WARRANT By Ven Sreenivasan XPRESS Holdings has come a long way from its Internet-kiosk nightmare days. In the last couple of years, it has restructured and written off losses. Earlier this year, it received approval from the High Court for a
      277 words
    • 773 6  -  BT comment STOCKS r. sivanithy A MILD sense of panic infused afternoon trading yesterday when a news flash revealed a possible Sars outbreak in Hong Kong. But after a brief but sharp sell-off, normal service was quickly restored. Other than the Sars scare,
      773 words
    • 599 6  -  BT comment CURRENCIES Yen advance falters below 116 yen per US$ amid reluctance to test BOJ larry wee THE US dollar recovered overnight even as the US Federal Reserve Board warned that US labour market conditions had softened, while the
      Source  -  599 words
  • 27 6 UNIT TRUSTS FUNDS LfOtNPtAiprtCM >l«Lrt I ll««pl «or i* ItinggM tanh trnrfy 01i»iiWitnBim»»)ruu—<;Sta«wr Mc LowtßMtatfunlMkiftNMhaitß High Rafc Matar Mora tubdivsan ol irtK Allw wfadMrianofunNKValMrtlHfctpat; N-A-WonO—lngPf. H—' MckSSO.»IS
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    • 79 7 ':'■**a' l§fe A y #f (arlsberq I Probably the best k 'oli C lusSK So «.jot on Hio ijuvn now vitni onjo\ <. orishoto oo:' ikj u>! Wlftl V OIM W Otld of hltMnk htV! N' INI fR N AllO NAI J *Sj <- Jl!r\ Pfl.iOt <^> X > \\lin\Mll^
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  • EXECUTIVE suite
    • 363 8  -  It will offer talks, courses to public and those keen on real estate career By Kalpana Rashiwala KNIGHT Frank has set up a training centre to offer courses and talks to the public and those thinking of making a career switch to real estate.
      363 words
    • 131 8 MICHAEL Koh has rejoined the Urban Redevelopment Authority after about a year with the Temasek group. A Temasek spokeswoman yesterday confirmed his departure. Mr Koh was director (special projects) at Temasek. He was among six people led by Khoo Teng Chye who moved to Temasek Holdings
      131 words
    • 583 8  -  GARDENER'S log By Thien TUCKED away on one side of our gar den is a forgotten shrub that has since grown into a small tree. And because it's in deep shadow cast by adjacent clumps of taller palms like the Rhapis (Lady's Palm) and Sugar
      THIEN  -  583 words
  • Page 8 Advertisements
    • 500 8 PRIME OFFICE SPACE Effective Sub-lease Rate \A|oWng Fast Heart of Raffles Place Flexible Sizes from If3oo1 f 300 28,000 sf Long Sub-lease Term Fitted Out or Bare Units Sole Marketing Agent Commercial 6531 8669 I—l 6531 8666 li if i if* JUV IMKUwiu RVCNQMpi O. British Virgin Islands Cayman islands
      500 words
    • 371 8 Captains of Industry Conference *28 29 October 2003 Suntec Singapore International Convention A Exhibition Centre I I Disruptive Innovation I I Opportunity Threat I H Harvard Professor Clayton Christensen propounds that Program Highlights H companies could do everything right listen to Disruptive Business Models and Innovations H H customers, invest
      371 words

  • SINGAPORE news
    • 480 9  -  PM announces SME training scheme, stresses lifetime employability By Chuang Peck Ming THE government will put aside another $320 million for training, including $40 million to kick off a scheme to boost the training of workers in small and medium enterprises.
      WONG KWAI CHOW/ST  -  480 words
    • 486 9  -  Gallup estimates resultant economic loss at $5b a year By Anna Teo MORE Singapore employees have become disenchanted at work in the past year, according to a survey. And the disaffection could cost the economy some $5 billion a year, it estimates. A good 17
      Source: The Gallup Organisaton  -  486 words
    • 278 9 COE premiums for passenger cars bounced back up to the $30,000-level yesterday after plunging a fortnight ago. Most significantly, Category A, which had fallen nearly $6,000 in the previous tender, rebounded almost equally to $30,629, or an increase of $5,618. The number of
      278 words
    • 237 9 ANYONE who has ever made a bad investment decision before might appreciate the irony behind Channel i's decision to show its new personal investment programme. The Money Tree, just before the Fox network's Stupid Behaviour Caught on Tape. But Money Tree, a halfhour programme which
      237 words
    • 261 9  -  EYE on the economy labour By Anna Teo HIRING prospects may finally brighten towards the end of the year, it seems. A net 3 per cent more of employers plan on recruiting, than releasing, staff in the fourth quarter, according to a survey
      261 words
    • 184 9 STARTING next January, government agencies will be "strongly encouraged" under a new policy to let contractors in government procurement contracts own the intellectual property (IP) developed in that contract Announcing the new policy yesterday at the launch of Global Franchising and Licensing 2003,
      184 words
  • Article, Illustration
    1057 9 Transaction date: Sep 17 ntTERBAMECEOSS KATES A$ C$ twfc two HK$ luils Hptofc Yw Won Ml P} Wib hw SS imi Sir IT$ 8a* Hm4 US$ Attdrala 0.906 5.485 0391 5.155 ***** 55.949 0.768 7.740 2312 1133 38.170 36.438 1158 4.944 1919 22.532 26.795 0.416 0.661 Canada 1104 6.055
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  • Page 9 Advertisements
    • 239 9 PRIME RESIDENTIAL SITE \A Vtwwwj Area *****.8 sqm (Approx 191,036 sf) Tenure Freehold Planning Residential 2.1 PR Parameters (up to 24 storeys) O Tender 10/10/2003 Closing Friday 4.00pm Country Property Management Ptc Ltd 1* adrerttoe call tell free 18— m Mil /I—U: moticti9tfk.com. H IN THE MATTER OF THE COMPANIES
      239 words
    • 117 9 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND SOON CHOW WORKSHOP PRIVATE LIMITED (IN MEMBERS' VOLUNTARY WINDING-UP) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN THAT pursuant to Section 308 of the Companies Act. Cap. 50. a final meeting of the Company will be held at I6A Penhas
      117 words
    • 182 9 In The Matter Of The Companies Act, Cap. 50 And In The Matter Of QNfTY NETWORKS PTE LTD NOTICE OF CREDITORS' MEETING PURSUANT TO SECTION 296 OF THE COMPANIES ACT, CAP. 50 NOTICE IS HEREBY GIVEN that pursuant to Section 296 of the Companies Act, Cap. 50. a meeting of
      182 words

  • EDITORIAL & opinion
    • 819 10  - Cancun is a watershed not a tragedy THE bottom line OPINION anthony rowley THE failure of the World Trade Organization's (WTO) Doha Round in Cancun is not the tragedy that those bent on rapid liberalisation of trade and investment regimes would have us believe. Rather, it presents an opportunity for
      819 words
    • 36 10 'The tactics of our war on terrorism have created more innocent victims than the terrorists who attacked us.' George Soros the billionaire investor, to a forum at the US State Department in Washington.
      36 words
    • 699 10 EDITORIAL AFTER six years of pump-priming that saw the Budget move from near-balance to a deficit of 5.4 per cent of GDP this year, the Malaysian government has reversed course. Last Friday's Budget plan surprised positively with its prudence. The run-up to the Budget announcement
      699 words
    • 851 10  -  Private employment has fallen by 3.3m since February 2001 and, right now, the prospects don't look very promising By Robert J Samuelson [WASHINGTON] If you're wondering what happened to the "great American job machine", so is everyone else. Since February 2001, private employment
      REUTERS  -  851 words
    • 106 10  -  Denis Distant Singapore I REFER to Robinson's plan to sell its businesses and investments and distribute the cash proceeds to shareholders. Such an exercise is rare and all the more so from a 150-year-old company. Yet despite the magnitude of the news, Robinson did
      106 words
    • 854 10  -  MAIL bag Joseph Chong Thiam Fook CEO New Independent Financial Advisers THE recently-announced 3 percentage points cut in CPF contributions has sparked considerable debate. Whether it is right, wrong or half-right, it is done and water under the bridge. It is crucial now that we
      854 words

  • Page 11 Advertisements
    • 88 11 (Lj k i=xi is a registered trademark of Toyota Motor Corporation. BUILDING PERFECTION. II m t^« While our planet's history boasts a multitude of milestones in the conquest of science, adventure and the arts few stand tr.bute to the spirit of |£Z^ engineering excellence Indeed, even fewer can rival a
      88 words

  • REGIONAL news
    • 350 12 SHANGHAI Sars has no impact on China's attractiveness to investors CHINA will remain the world's hottest destination for foreign direct investment this year, topping the US for the second year in a row, according to a survey by consulting firm A T Kearney
      Source: AT  -  350 words
    • 370 12  -  SINGAPORE Both economies follow similar trends, it says By Siow Li Sen SINGAPORE'S public spending is in stark contrast to Hong Kong's fiscal policy, said rating agency Standard Poor's yesterday in an update on Asia-Pa-cific countries. That difference aside, the economic fortunes of
      370 words
    • 196 12 BEIJING Reuters Bloomberg CHINA'S fixed asset investment, watched closely for signs of economic overheating, was 30.7 per cent higher in August than a year earlier, easing slightly from the previous month, the government said yesterday. According to analysts, steps taken by the Chinese
      Reuters; Bloomberg  -  196 words
    • 245 12 KUALA LUMPUR AFP MALAYSIA'S Sarawak state government has confirmed that tycoon Syed Mokhtar Al-Bukhary acquired a 60 per cent stake in the RM9 billion (Ss4.l billion) Bakun hydroelectric dam project in the east Malaysian state on Borneo island, a report said yesterday.
      AFP  -  245 words
    • NOTE Book
      • 80 12 AFP fKUALA LUMPURJ The New York-based Business Week magazine has apologised to Prime Minister Mahathir Mohamad after he accused it of sending him a "threatening" letter, Malaysia's official Bernama news agency reported yesterday. Dr Mahathir said last week a corespondent for the magazine sent him
        AFP  -  80 words
      • 56 12 Reuters [JAKARTA] Indonesia has appointed Ariffi Nawawi as the new chief of state oil company Pertamina, Deputy Enterprise Minister Roes Aryawijaya said yesterday. Mr Ariffi, a former Pertamina downstream director, replaces Baihaki Hakim. No reason was given for Mr Baihaki's replacement, but the company is in the
        Reuters  -  56 words
      • 71 12 Bloomberg [BEIJING] Goldman Sachs Group Inc, Merrill Lynch Co Inc, Credit Suisse First Boston and DBS Bank have all recently raised their 2003 economic growth forecasts for China as the nation's exports, investment and consumer spending surge. Goldman Sachs yesterday raised its growth estimate to
        Bloomberg  -  71 words
    • 707 13 YUAN PEG ECB official, HSBC chief among those who say it is wrong time to float yuan Bloomberg AFP EUROPEAN Central Bank council member Ernst Welteke said China shouldn't make "abrupt" changes to its decade-old US dollar peg as the country's banks are
      Bloomberg; AFP  -  707 words
    • 37 13 —Joseph Stiglitz, former chief economist of the World Bank, who says US pressure on China to float its currency is a by-product ofWashington's fiscal and trade deficit REUTERS
      REUTERS  -  37 words
    • 362 13 But city unlikely to become offshore yuan trading centre Reuters (HONG KONG] Beijing may soon allow banks in Hong Kong to take yuan deposits, but it is unlikely to let the city become an offshore trading ground for China's non-convertible
      Reuters  -  362 words
    • 475 13 Move to ease upward pressure on yuan, keep out hot money Reuters [SHANGHAI/HONG KONG] China is curbing US dollar investment inflows through a scheme to let foreign players into its domestic markets, which sources said yesterday was the latest attempt to relieve upward
      Reuters  -  475 words
  • 1564 12 SICOM FUTURES Sep 17 HMQ Marts (Ctostog priccs) RSSKScMti/kQ) Close VoiMM Open M|h Lot Sett (t—rt ggg Oct 03 194.25 Nov 03 ***** Dec 03 194.25 Jan/Mar 04 ***** RSS 3 (USctntsAq) VoiMM OpM MwMi MR«k Lot Soft (tOMQS) lotorot Oct 03 moo moo 110.25 200 4925 Nov 03
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  • WORLD news
    • 507 14 HONG KONG They expect bigger corporate profits, find regional stocks undervalued Reuters Bloomberg MOST Asia Pacific fund managers expect stronger economic growth and bigger corporate profits, and say regional stocks are undervalued, according to a Merrill Lynch monthly survey. Eighty-two per cent of
      Reuters; Bloomberg  -  507 words
    • 349 14 NEW YORK NYT WHEN it comes to selling shares in its own mutual funds, Morgan Stanley knows how to move the merchandise: Toss the sales staff tickets to a Britney Spears concert and throw in gift certificates to spas, restaurants, golf courses and department
      NYT  -  349 words
    • 287 14 LATEST US DATA AP [WASHINGTON] Housing construction declined by 3.8 per cent in August as higher mortgage rates made builders cautious about breaking ground on new projects. However, the level of building activity was still considered fairly robust. The Commerce Department reported
      AP; AFP  -  287 words
    • 318 14 LONDON Reuters Bloomberg HSBC, the world's secondlargest bank by market value, has begun to shed corporate finance and other investment banking staff as part of a restructuring. In the corporate finance and advisory area, HSBC will cut 30 staff, sources close to
      Reuters; Bloomberg  -  318 words
    • 238 14 NEW YORK NYT A FORMER broker at Bank of America (BoA) was charged with larceny and securities fraud on Tuesday for helping a hedge fund engage in after-hours trading of mutual fund shares. The broker, Theodore C Sihpol, is the first to face
      NYT  -  238 words
    • 277 15 WASHINGTON US watchdog probes possible violation of securities laws by the company Reuters THE US Securities and Exchange Commission on Tuesday asked a federal judge to require that Vivendi Universal place severance payments to be made to former chief executive
      Reuters  -  277 words
    • 175 15 AMSTERDAM Bloomberg ROYAL Ahold NV, the Dutch owner of Stop Shop supermarkets, said chief executive Anders Moberg will give up a guaranteed bonus worth as much as three million euros (555.9 million) after shoppers in the Netherlands boycotted the company's stores in protest against
      Bloomberg  -  175 words
  • 5 14 Transaction date: Sep 17
    5 words
  • 818 14 Transaction date: Sep 17 »m hi i a— ommft w m a— an» Mgraai» 0 38 0.9*0 -0015 NatSted 50c 0 46 2.3*0 *0 020 CAC (Mi 5-000 *0.0*0 OOC 571 ***** *OK» CapitaLand 1.14 1370 *0010 out 051 6*50 *0100 Chart SamaCond 26c 137 1450 *0120 Parkway H
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  • 591 14 BONDS WARRANTS T«l lat M Cam bar a* Ciiiii Ml —r- f088| 8H« Wto N u> 3698 AST1W*****1 195 -1 385 1 16 9 1.67 9 3697 Acm*LtdW*****6 1 1 SO 386 10.50 14 3602 Amtek W*****0 106 1 208 1 33 131 21 3(03 Armstrong WM0520 S 1 3066
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  • 13 15 Transaction date: Sep 17 for live prices, log on to wwwjomaorternarketsjcom
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  • 73 15 H* M laM M Day IMQ—H GrtNo Ohr CrtW M Ka I— a* film Ml w- pw> m* I— Sdhr cw m tJ 9600 89 6065 Pinondl U587W 2000 7700 3750 2700 6095 15 DJ US Tech U***** 6097 l5M505po«* US555 •270 1200 6101 ISMF500 U*****rt *50 B1K
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  • 1867 15 n-Wk M UN M Day f«Q—« GftM» ON GrTM MM WtCm U» Celt Cmmmi Sate W- rwi I—I I— tmrm i+m Cm W lii 24 75 5000 ABRHIdgs5c 205 40.5 1294 21 20 20 20.5 *5 45 15 7101 APO.I5C 42 5ct> 7522 43 41.5 42 42.5 21
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  • 336 15 U4ft M LMt V«l toy liq—i 6fM» Dhf CffM MM MCap WlllCl* Cl«H«y M» W- rwi> W# U» —yr I— CV Wt 1U II 6000 AVJemng»A2Sc A159 *3 121 159 1S7 159 160 40 IS 63 6 342.2 6001 Cathay P* 20c...— MK720 265 2.1 74 6 *****.2
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  • Page 15 Miscellaneous
    • 256 15 tfWFI'IC CROSSWORD 1 Saturday never comes with- LgJ 6 Backing favourites with 9 Fruit porter very 12 Knight came back only for 28 Smile over a bit of com (5) 29 An old sea-dog's wit (4) 30 A charge concealed by fid- place just outside London bility (4) dling preset
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  • BizIT
    • 659 16  -  BT exclusive It is looking for opportunities in Asian companies that have novel niches such as Wi-Fi roaming, billing, settlements, voice and location-based services From Raju Challam in Hong Kong IF you're running a Singa-pore-based high-tech start-up with a unique idea or a new
      659 words
    • 233 16 Bloomberg [TOKYO] Worldwide sales of equipment to make semiconductors fell in July, an industry group said, signalling that chipmakers are yet to increase spending. Computer-chip equipment sales dropped 7 per cent in July from the same month a year earlier to US$2 billion, the
      Bloomberg  -  233 words
    • 417 16 But its spread is lagging in the developing world, says UN report Reuters [GENEVA] Broadband technology offering fast and cheap access to the Internet is booming in richer countries but slow to spread in the developing world, according to a United Nations report issued
      Reuters  -  417 words
    • 293 16  -  By Tang Weng Fai THE local semiconductor industry has been given a boost with the launch yesterday of Singapore's first dedicated incubator specifically for start-ups in integrated circuit (IC) design. The initiative, dubbed I Co mm unity and hosted at the Nanyang
      293 words
    • 370 16 He calls for greater innovation to increase security Reuters [SANTA CLARA, California] Likening the threat of computer viruses to bank robbers in the Old West, Microsoft Corp chief executive Steve Ballmer on Monday called for a redoubling of innovation to keep the spread
      Reuters  -  370 words
    • 194 16 Bloomberg [TOKYO] Toshiba Corp, Japan's biggest notebook-comput-er maker, will start next month selling notebook personal computers installed with Microsoft Corp software that enables sound recording and management of handwritten documents. Toshiba expects to ship four million of the notebook PCs, which work
      Bloomberg  -  194 words
  • Page 16 Advertisements
    • 180 16 j' j Diners Club Credit Card 6416 0980 Where to wine, dine and entertain... privfleges Tnats You may now enjoy two exquisite dian xin set lunch menus either at Si Chuan Dou Hua Restaurant, Plaza Paikroyal or Top of UOB Plaza. You won't be disappointed by our chefs specialties such
      180 words
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    • 31 16 Heart to Harp Catch them as they wow the crowd at the Discovery Pub. If s Happy Hours from 3pm to Bpm weekdays and all day weekends when ifs 20% off
      31 words
    • 37 16 MERITUS MANDARIN SINGAPORE MULTI AWARD-WINNING MANDARIN CHICKEN RICE Come, savour Singapore's favourite dish and other delights anytime. Reservations: *****291 Caffeek**** fU(t MERITUS MANDARIN tltlt 333 Orchard Road, Singapore *****7. "W: +65 6737 4411. Fax: +65 6732 2361.
      37 words

  • SHIPPING TIMES
    • 266 17 Reuters THE Baltic Dry Index rose 14 points to 2393, the Baltic Capes ize Index rose 18 points to 3465, the Baltic Panamax Index rose 23 points to 2174 and the Baltic Handymax Index rose 12 points to *****. TIHE-CHAVIUb Chloe (built 1997) *****9 dwt delivery Malta 25/30
      Reuters  -  266 words
    • 271 17 SGX '000 Sapi7 ss w- yi CWT Distribution .057 0.01 397 ChuanHup .055 0.08 S6307 CHOHshore .0.47 0.02 ***** Cosco Investment 050 unch ***** FrcMit Links .0.08 0.01 1590 G8 Holdings .0.73 -0.01 43 JayaHokhngs 071 -a03 5289 KcppdCorp 5J5 0.15 1473 K1 Venture— —0-23 0.01 1936 KeppetTeie
      271 words
    • 694 17  -  Move may help lure customers back to PSA's Aden terminal after terrorist attack last year By Beth Jinks [SINGAPORE] A hardfought reduction in war risk surcharges applied to Yemeni ports could see PSA Corporation salvage some of its Middle Eastern business and
      FILE PHOTO  -  694 words
    • 493 17  -  By Beth Jinks [SINGAPORE] The first ship in Singapore's fleet achieved compliance with the new strict International Ship and Port Facility Security (ISPS) Code yesterday 10 months ahead of the looming International Maritime Organisation's (IMO) July 2004 deadline. The Singapore-flagged containership MV Jurong Bebaru,
      493 words
    • 394 17 Bloomberg [OSLO] Tsakos Energy Navigation, a Greek owner of medium-sized oil tankers, plans to shed its remaining four single-hull vessels by the first quarter as customers favour double-skinned units and new laws limit trading. The ships, three so-called Aframax crude-oil tankers and
      Bloomberg  -  394 words
    • 358 17 Bloomberg (SEOUL] Daewoo Shipbuilding Marine Engineering Co, the world's sec-ond-largest shipbuilder, said four liquefied natural gas (LNG) vessels it was building were damaged during the strongest typhoon to hit South Korea in a century. The ships drifted to the breakwater near its dockyard in
      Bloomberg  -  358 words
    • 965 18  -  NEWBUILDS By David Hughes THE appetite of the big container shipping lines for new tonnage seems almost insatiable and remaining building slots for large tonnage before 2006 are getting scarce. Theoretically this should mean something of a slowdown in orders soon and, probably, also an
      FILE PHOTO  -  965 words
    • 3 18
      3 words
    • 3 22 THEBUSINESSTIMES
      3 words
    • SHIPS IN PORT
      • 451 23 ¥•»«< Voy Wo Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL JIAHEGUAN Y0305 J16 A/SIDE 18/09 2000 KING GLORY 2309 J22 A/SIDE 18/09 1800 MARCOPOLO 22 01/03J J13 A/SIDE 18/09 0630 SANDIDEWA14 135 J8 A/SIDE 18/09 0630 TIRTASARI 61/03 J10 A/SIDE 18/09 1800 BAYSWATER118 E3215 J2 18/09 1730 18/09 2359
        451 words
      • 2 23
        2 words
      • 138 23 Sep 23 Japan: Autumnal Equinox Day. Sep 24 Brunei: Lailat al Mi'raj. Indonesia: Lailat al Mi'raj. Sep 28 Taiwan: Teachers Day. Oct 1 China: National Day. Hongkong: Nat Day. Oct 2 China: Nat Day Hoi. Oct 3 Germany: German Unity Day. South Korea: Nat Found Day. Oct 4
        138 words
      • 805 23 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average sized stem Market movements are indicated. The Cockett Bunker Price Index change and the
        805 words
      • 513 23 C«r6on 180 Mu 994.8 0.3 14.1 0.07 30 0.06 Sh n Density Water Residue AshAtumliihMi *> «bo»e £25 1 0 0 0 0 0 1 TTT 380 Ave 964.9 02 12.8 0.05 34 0.02 On. 380 MM 992.6 0.5 15.8 0.12 172 0.05 tt/W3 »/V M/M
        513 words
    • AIR & LAND transport
      • 549 24 Pacific Blue's entry is set to intensify fierce price war in a crowded airspace AFP [AUCKLAND] Virgin Airlines unveiled its latest budget carrier yesterday, Pacific Blue, intensifying a fierce price dogfight on routes over the Tasman Sea and to key South Pacific destinations. Australian-based Virgin
        AFP  -  549 words
      • 283 24 AVIATION EXPO Reuters [BEIJING] China will buy more than 1,900 aircraft by 2020 as the country's booming economy transforms it into the world's third-big-gest aviation market, the China Daily said yesterday. In a separate forecast, US aviation giant Boeing Co
        Reuters; AP  -  283 words
      • 222 24 Bloomberg [AMSTERDAM] Air France, Europe's second-biggest airline, and KLM Royal Dutch Airlines, Europe's fourth, said they still need to resolve "critical points" before reaching an agreement on an alliance. "These negotiations are at em advanced stage," KLM said in an e-mailed
        Bloomberg  -  222 words
      • 245 24 Bloomberg [BANGKOK) Thai Airways International, the nation's biggest carrier, said it will add flights to new cities in India, China and Laos to meet rising demand from tourists. Flights to Chennai in southern India, Guilin in south China and Luang Prabang, the ancient
        Bloomberg  -  245 words
      • 139 24 Xinhua [BEIJING] A restructured Air China Group aims to become the top airline in Asia and the world by 2010, its president Li Jiaxiang was quoted by as saying. Mr Li told China Daily that his company will co-op-erate more with domestic and
        Xinhua  -  139 words
      • 423 24 It plans to boost purchases in China to US$5b by 2005 Bloomberg [BEIJING] General Electric Co, the world's biggest jetengine maker, said it is confident of winning a US$25O million order to supply Air China, the nation's largest international carrier, with
        Bloomberg  -  423 words
      • 372 24 AIRLINE COOES AA Amenan Artnes (AAL) Af* Fience (AfR) At Ar Me (AK). AY Ftrm Oy (HH) Al AtUa Artnes lAZA) BA Bnusti Ainays Pubtc Lid Co (BAW) BE Bmir Bmgtuesn Artnes (BBC) Bl Roy* Bmnt Artnes Stti Bhd (RBA) BO Borne Artnes (BOU) BP EVAMweysCajm(EVA)
        372 words
  • Page 17 Advertisements

  • Page 18 Advertisements
    • 676 18 asm— IMPORT NORTH AMERICA 11 1 1 AUSTRALIA/NEW ZEALAND SUPER SHUTTLE EXPRESS (BSBQ [AUSTRALIA ASIA EXPWEBS (AAX) «ssa I VOT I 161 m m vtssa Ivorl iwi I $tp Im. I aw. m Iswlwc" PtO NEDUOYD STUYVESANT IIW3S 03/00 21/09 23/09 HO NIDUOTD AOOJUM MM OMIT 00/00 10/09 12/00 10/09
      676 words
    • 435 18 Lines services represented by Members of the Registry of f'jls&F-y Accredited Shipping Agents, Singapore Shipping Association Members of the Singapore Logistics Association ULY UNI MALI MfKSB VOY ETA in ETA R KiANG SPOKE MALI Mold Star 542 A 23/09 25/09 04/10 Empress Uly 0503 03/10 05/10 14/10 Maid Carrier 742
      435 words

  • Page 19 Advertisements
    • 996 19 TO USA (SAX SERVICE) Ivissa vot Iswro |ui|om|mi|ho« low cot mm m. ntc_ AWSCOIUND HOI 24/09 10/10 13/10 J4/]0 14/10 14/jO —14/10 14/10 IZZIi UMuitasm "HiT oi/w u/io 20/10 _21/io__2j/io_ JlZiQ_ JlZli- JlZlj—vm— api swam oioi 00/io 23/10 JTZio, JiZIQ- JIZIS- JiZli- JIZ!0- JBIii—JIZII —IIZIL. AW HOtUMO HOC IS/10 30/10
      996 words
    • 1938 19 f "wiiim on mm hm SHMAPOM TO BUCK SU YU FOtT UT OMMJKMMQ 19 MR ncnßmin «MS GEMMAI AfiiMTS M SMMAFOM M tOMMSOM 10 412-M MB/MS TB; t*****57/41 ML- *****121/24 I •MftMMMIMI M KMC COSTAR SHIWINfi Ml LTD SMAKUMMW OUTWMOM/U MNSN) mjisms/;S I CQRSIMTU WNMRU) Z3MTS I «"•«> ■MMS9/0I *****7
      1,938 words

  • Page 20 Advertisements
    • 445 20 nei mi AO BMQUIMES/SOOKINOS: #*****44 FAX: (33(7433 K-MAJL: MmuM*linu.oom.a( ■ufl UCLIVIMW DOCUMKWTATIOMS/OMMTKMM: (*****37 FAX: (39(0177 I NUMB CMRIM IMB Rftl COHTAHO SUVKi TO WIST AfIKA mi BR Off VfSSA VOT SMGAfOU POtT KILANG UHAVIt DAKAR MJUJI CONAUY Baraiiii frsw ——HTH HTH m WT? wra httt 317W 74/04 30/W 157]0 77/10
      445 words
    • 558 20 W\ WAN HAI LINES X TEL *****588 FAX; *****163 INTRODUCING:- NIW WEEKLY EXPRESS SERVICE TO: HODEIDAH PORT SUDAN CALLING SIN EVERY THURSDAY TWICE WEEKLY EXPRESS SERVICE TO: JEDDAH CALLING SIN EVERY TUESDAY THURSDAY* For mora detail*, call HOTLINE: *****588/1800-*****00 MORTRANS SHIPPING AOINCIII tsT 29 INT'L BUSINESS PARK #05-05 ACER BUILDING
      558 words
    • 538 20 BSfl a MYANMA ■H FIVE STAR UNE (MjnMMr NatttMl Um) vissa VOT SM Pll P« PGU PAGAN 304W SU> HPA-AN M7W SU IN MALAYSIA: OOUSTEAO SHIPPING AM HOES MIL 03-*****900 Kl: 02-317*4101 nt 04-*****02 BANK LINE (A Mfrtct el kmkm WWr SUpplng) 1 NOtTHtOUWP TO IUHOyTI V COHUUNH, ROM, MMIHUVYUFTS
      538 words

  • Page 21 Advertisements
    • 1104 21 Ivtssit VOY KMH HKO I SIN I PKI I DX» I »*l OMM MX CAW PtlO PCI MO5 SAHiD DXI) 19/09 (JKT) 22/09 31/09 30/09 01/10 08/10 10/10 ■AN ISFAHAN Kl 331 30/09 01/10 04/10 OS/10 12/10 13/10 19/10 21/10 KAN HORMOZOAN PCI 332 07/10 00/10 11/10 12/10 19/10 20/10
      1,104 words
    • 520 21 UK CONTINENT SERVICE Loading tor THOR LOTUS RTMMTW/BMNAJK/NAN ARCHIMEDES RTM/ATW/BMN/UK/NAN Loado EJN. Mmym Indonem MIDDLE-EAST SERVICE Loading tor PANORMOS PRIDE DBI/ABU/DOH/BRN/DMM/KWT REGINA V HDD/JDH/AQA FIVOS DBI/ABU/DOH/BRN/DM M/KWT •Load# Singapore, E7W. Mataym. WonwH USA SERVICE Loading tor GIORGOS CAM/NFK/SAV/NOL NENA J VCW/LAX/M2L •Loads E7W. Matoyaa. Indoneaia F.E./S.EJL SERVICES S pore Loading
      520 words
    • 629 21 ygsa sbi m m jassa m an m Htumi loan 11/ a litt !U1 I4ZB lkrn Nt IMM U2SH IiZB »/W rif MU 1111 11/1! M/M mms !4M_ nil mm um— PACIAHPA IM7W 1 y/W 11/ a 1811 UM 17/ a nrni UM iizn m— paciaima loati a/a li/oo ■^■^HUiHiIIIUISISIiIIHHHHI
      629 words


  • Page 23 Miscellaneous
    • 122 23 I REGIONAL WEATHER FOR 7AM 18 Sep 2003 Issued by Meteorological Service Division,NEA LEGEND: Thunderstorm Wind speed symbols 'z 7 Showers Full circle w/o line indicates calm or light and variable winds R a j n -One half fleche represents 5 knots Cloudy Day One full fleche represents 10 knots
      122 words