The Business Times, 24 September 2003

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Total Pages: 34
1 34 The Business Times
  • 15 1 THE BUSINESS TIMES MITA (P) 024/03/2003 in'prnpt: ;/business-times.asial .cc k. SINGAPORE WEDNESDAY, SEPTEMBER 24, 2003
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  • 797 1  -  SIA wins full access on all services except lucrative Australia-US route By Beth Jinks [SINGAPORE] Singapore Airlines' ambitions to compete with Qantas Airways on lucrative direct Austra-lia-US routes have been blocked indefinitely by the Australian government's decision to liberalise all air services between
    CHRIS LOH  -  797 words
  • 67 1 sn 1,588.36 (+1.73) ST INDEX niTURES ymm (+8.00) SUNSCI FUTURES 195.40 (+1.20) Tuesday Change KLSECOMP 737.24 -1.12 NIKKKI225 Closed HANG SEN(i 10.944-36.. +71.119 SET INDEX 566.13 +3.94 JAKARTA CMP ...588.51 +2.84 MANILA COMP JJHM 1099 TAIPEI WPI 5.684.01 .8,26 SEOUL COMP 718.84 +3.95 SHENZHEN B 228.66 +0.95 AIST ALLORD
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  • 76 1 FOREX RATES US$ S$ i:s$ (SS per IS$) 1.731 £(l'S$/S$ per 1.654 2.863 El'RO(lIS$/S$/E). 1150 199(1 YEN I1U 64.30 RM 3.800 2.196 HKS 7.750 4.478 BAHT 39.99 2310 RI'PIAH 8,415 4.862 RENMINBI 8.299 4795 INDIAN RI'PEE 45.75 2643 AS 1.470 0.849 m 1674 0.967 PRIME RATES SINGAPORE* 5.25 MALAYSIA
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  • 627 1  -  BT exclusive OCBC veteran says he was not pressured to leave By Siow Li Sen [SINGAPORE] It may have looked like a sudden decision, but outgoing OCBC deputy president Ooi Sin Teck said yesterday he mulled over his decision to leave
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  • 605 1  -  Financial advisers must comply with spirit of law also By Genevieve Cua [SINGAPORE] The period of "settling in" with the regulations under the Financial Advisers Act (FAA) is over, and the Monetary Authority of Singapore (MAS) is set to begin thorough and regular
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  • Page 1 Advertisements
    • 189 1 1 COMMENTARIES Dick Grasso Will Sing Tel now play second fiddle to ST Telemedla? JL ANGELA TAN H COMMENTARY Is there even a deadline for open skies? BETH JINKS, Pg 2 SHIPPING TIMES S'pore air cargo sector lauds relaxed rules SHIPPING TIMES, Pg 10 Asia poised to power world growth
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    • 439 2  -  G-7 FINANCE MINISTERS' MEETING BOJ chief: market over-reacting to G-7 statement From Anthony Rowley in Dubai AS the yen surged to around 110 to the US dollar yesterday, Bank of Japan governor Toshihiko Fukui warned that Japanese authorities are ready
      439 words
    • 553 2  -  Republic signs MOU to host 2006 World Bank, IMF meeting From Matthew Saltmarsh in Dubai EAST Asian countries are comfortable with their foreign exchange structures and will only move to more market-driven regimes over time, according to Singapore's second minister for finance.
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    • 706 2  -  COMMENTARY If it's to be granted only when global aviation has recovered, S'pore's wait may be in vain, says Beth Jinks Beth Jinks EXACTLY why is the air-services agreement between Australia and Singapore signed yesterday so disappointing? Not only did the two
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  • Page 2 Advertisements
    • 283 2 -ma—fl—ll I I■ irnamm ,> u. Corporate Governance Workshop Achieving Business Objectives Although the Singapore Code of Corporate Governance has been in existence for over two years, the effect of the requirement relating to the Code is observable only in annual reports published this year (i.e. for the 2002 financial
      283 words
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    • 55 3 a S^V I I I Excellence runs in the family. Rarely does having a family save you money; the Airbus f amily does. With the versatility and piotitahilitv of the A320, the long-haul performance of the A330/A340 and the ground-bieakincj A380. passeiujet comfort, commonality and cost efficiency come hand in
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  • SINGAPORE companies
    • 674 4  -  HOCK lock siew angela tan SINGAPORE Technologies Telemedia's (STT) almost completed US$25O million cash purchase of a 62 per cent stake in Global Crossing is seen by most analysts as a steal, considering the bankrupt US cable giant owns one of
      674 words
    • 508 4  -  BT exclusive IGBC S'pore to tap China links for IPO and other corporate finance work By Loh Hui Yin SINGAPORE'S red-hot underwriting business for initial public offers has attracted a new player. The Industrial and Commercial Bank of China (ICBC) the mainland's biggest
      508 words
    • 431 4 GOLDTRON Ltd will not pay out accrued dividends on its non-redeemable convertible cumulative preference shares (NCCPS) which are due to be compulsorily converted into ordinary shares at the end of this year. The company said this yesterday after it obtained a High Court ruling
      431 words
    • 583 6  -  Share price rally comes as firm is about to secure a strategic partner By Serena Ng NICHE semiconductor solutions group Ellipsiz's yearlong search for a strategic partner could soon bear fruit, a factor that could have been responsible for a 145 per
      Source: Reuters  -  583 words
    • 488 6  -  By Kenneth Lim AFTER changing course to focus on property in 1999, Second Chance Properties now wants to give its original apparel retail business a second chance, albeit with a difference. The Sesdaq-listed group is not foregoing its property business it wants
      FILE PHOTO  -  488 words
    • COMPANY Briefs
      • 74 6 CHINA-BASED PVC adhesive tape maker CHT Holdings' initial public offering of 60 million new shares at 46 cents apiece has been 9.5 times subscribed, the issue's lead manager GK Goh said yesterday. The public tranche of just over 6 million shares was 85.4 times subscribed.
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      • 75 6 CHIP Eng Seng Corp has entered into an option agreement for a freehold property at Shanghai Road with a purchase price of $14.8 million. The transaction, which will be financed by internal sources and bank borrowings, is expected to be completed by January
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      • 65 6 FINANCIAL printing group Xpress Holdings yesterday said DBS Vickers Securities has sold around 8 million shares owned by the group's founder and former chief K K Fong "to meet obligations". The sales at 9 and 8 cents per share on Sept 18 and 19 respectively
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      • 85 6 IPCO International's new substantial shareholder Sandi Gunawan Ho has lifted his stake ftirther in the construction and infrastructure group. Filings with the Singapore Exchange show that last Friday he bought 1.97 million Ipco shares at 13 cents each from the open market, raising his
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      • 107 6 SHARES of mainboard-listed aspnetcentre yesterday rose 15 per cent or 2 cents to 15 cents, a day after the Singapore Exchange gave an in-principle nod for the firm's one-for-two rights issue at 4 cents per rights share to raise up to $4.9 million. Hie
        107 words
      • 100 6 Bloomberg MOBILEONE, Singapore's second-largest cell-phone company, said it will discontinue its paging services at the end erf the year amid sliding demand, affecting about 22,000 customers. The company will offer users the option to switch to a range of cell-phone service plans, with
        Bloomberg  -  100 words
    • 330 9  -  Structured deposit pays interest as long as CapitaLand financially healthy By Siow Li Sen TIRED of betting on where stock prices are heading? Standard Chartered Bank has come up with a novel structured deposit that bets on Capita Land staying financially healthy in
      330 words
    • 367 9  -  Firm's chairman to launch offer as stake crosses 30% By Serena Ng WITH the completion of a deal that raised his effective interest in Bonvests Holdings from 29.97 per cent to 43.22 per cent, chairman Henry Ngo announced yesterday that he would be
      FILE PHOTOS  -  367 words
  • Page 4 Advertisements
    • 243 4 THE ALL-ASIA CTW wire A CABLE THAI >1 I Will J communication and information platform to with global leaders I II U to a new dimension in forward looking strategies. EVERYTHING YOU need —t_ *1 uTO KNOW ABOUT wire, cables, springs, fasteners, tubes and pipes in an unparalleled showcase of
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    • 115 4 jj j y ,-fl m I» ill Different Needs For Different Deeds? Our Unique Creations Make Ideal Solutions Bid farewell to rigid interior designs that speak little of flexibility. At Boss Design, we constantly aim to please and seek to improve. With our innovative design layouts you can create and
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    • 117 5 y v:'' i|'-iff Vy'- y i -Tt 6y!|$> ,i.'. r i5-wSSnKBi^^^^^* i -V;:"-- >ir;vv-' >'V .j. j '^ff&^Sh^r-. f. r >; ft 7 /Qn Sharp combined technology and style to J MU t C series* mmmmmm b series E2 series* E1 series' create the AQUOS series. The lineup from 37"
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  • Page 6 Advertisements
    • 247 6 V"-** 3 A TASTE OF PROFESSIONAL DIGITAL PHOTOGRAPHY CdltOlt E MOST DIGITAL SLR AT $1999 Ther has been a jyy worlds an affordable price. In fact, it's just the camera for you if you want to take the next step into digital fx A 4l faA With the flexibility of
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  • Page 7 Advertisements
    • 79 7 Carrefour <!► 1 Mict it. pwSaPpREE^ CABERNET SHIRAZ/j RED SEMILLION ZINFANDEL SHIRAZ/ FRANC CHAR DON NAY/METOIOT/Jl C^RD NNAY CABERNET MERLOT CABERNET SAUVIGNON ICEWINE SAUVIG^ I l |M I CH EN CHA^^^^^LAUX tejfeoUGE SBBE GEAU 200 1 I ME R [TGT ARDON NAY (SERNETSAOVIGNON RED I $17.50 $20.50 $*****"-* $18*5 $2342eZ.
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  • SINGAPORE markets
    • Article, Illustration
      42 8 OTHER SINGAPORE MOKES Sep 23 VALUE CLOSE BTWZPS 580.00 +424.00 iTC*W -*****.00 +110.00 -*****.00 +58.00 mmt*Mrn 436.05 +1.58 MBpMwBwl 176.60 -1.09 1360.22 +6.70 tcr|rfi»rn> 388.99 -0.77 WqtlilBipin 195.41 +0.41 Clob Closing prices are in trading currencies, but absolute difference is in S$.
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    • 885 8  -  A longer view CURRENCIES larry wee NEWS that the us dollar had been forced back below the key 115yen marker has considerably raised the fear that the fate of the US dollar has now been sealed in quite spectacular style.
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    • 805 8  -  BT comment STOCKS r. sivanithy THE state of the local stock market is perhaps best summed up by separate remarks made by two dealers yesterday. The first was: "Stocks that were a 'sell* at 20 cents three months ago are now
      805 words
  • 12 8 OMIT TRUSTS FUNDS for *;f taNnffh M(/Broa«y WlNttlktaMllMMfe HA- f »uriOajSnSnySSnov MvSiUH
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  • Page 9 Advertisements
    • 140 9 fITIIT wmmmmm 1 I £J®e »> .9 m mSmt' .WjggßC?* ,^?f>.' J ff Y, 1 i \s* ;:^^Hk^ v^^SHf y > i-'r""V 7 sgpgEßK^. 'WJ i^^^^Mff^lMjjM^fejji I^&UU^hmimh^bS Days ahead of its launch. Light years ahead of everyone else. With a powerful, athletic new look and distinctive styling, the new BMW
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  • EDITORIAL & opinion
    • 724 10  -  THE bottom line OPINION michael lewis Bloomberg I AM still trying to figure out how NYSE chairman and CEO Richard Grasso did it No matter how you look at it his was a remarkable achievement An otherwise unexceptional fellow, performing fairly routine functions
      Bloomberg  -  724 words
    • 97 10 'If, after coming this far, we turn our backs and let Iraq lapse into factional chaos, some new tyranny and terrorism, we will have committed a grave error.' Paul Br er the American occupation supremo in Iraq, on the US$20 billion price tag for the reconstruction of
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    • 642 10 EDITORIAL AUSTRALIA'S enthusiasm for its role as deputy sheriff of the region seems to be growing by the day. Hard on the heels of his Solomon Islands adventure that has seen that Pacific territory come under the control of an Australian-led intervention force, Prime Minister John
      642 words
    • 1120 10  -  If implemented, the new economic policy programme will improve the economy, the credit rating and the lives of millions of Indonesians By Andrew Steer LAST week, the government of Indonesia published its eagerly awaited economic policy package for the next 18 months. This crucial document constitutes
      AFP  -  1,120 words
    • 190 10  -  MAIL bag Lau Yeow Sin, Singapore I REFER to your report, "Loss and redemption: A bankrupt's story" (BT, Sept 22). Chia Shi Teck's sharing of his experience of bankruptcy confirms why many Singaporeans prefer working as employees and shun venturing into business. The risk
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    • 245 10  -  I n Tan Director Corporate Communications, SingTel I REFER to the article "A persona non grata overnight" by Anna Teo (BT, Sept 22). Sing Tel hosted an event for corporate customers to watch the musical The Wedding Banquet, and invitations were sent to the
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  • Page 11 Advertisements
    • 105 11 4? <♦•. gs p"' :f m^fjggj^ r ,4 r* *J*a y > 7« fe However the tdste of >ik\v.w r^.1M i M here's one for the r<uJ. --f ''^S^^W^w8P^^^|^Sfi^|pPP68 r -It^onn*'--u^ *>#*■ f #fTV? 3^ J /f- M "The cjolci standard "Bestselling cat in "Best Pick turns platinum." the US
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  • SINGAPORE news
    • 371 12  -  Regional effort with partners to support independent software providers By Raju Chellam US-BASED IT giants Hew-lett-Packard and Oracle Corp have teamed up with their business partners to invest US$l2 million over three years to setup five development centres in Singapore, Malaysia,
      FILE PHOTO  -  371 words
    • 274 12 BKryfco restructuring to keep the sector viable, according to Vivian Batakrlshnsn, Minister of State for Trade A Industry and National Development Speaking at the inauguration of the Wire Singapore and T\ibe Singapore 2003 show at the Singapore Expo yesterday, Dr Balakrlshnan said
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    • 383 12  -  Review committee links likely source of latest Sars infection to local lab By Kenneth Lim SINGAPORE needs to regulate laboratory biosafety measures through legislation, a review committee said yesterday after concluding that a local laboratory was the most likely source of Infection in
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    • 379 12 THE recent CPF rate cuts may have helped to give mature workers a leg up in the job market, but a recent survey found that companies are looking at more than mere age and cost savings when hiring. Just 11.9
      NOEL DOSALES/ST  -  379 words
    • 518 13  -  Citigroup's fixed-income Quit will use Telerate as data provider globally By Wong Wei Kong TAKE over Reuters one day? Maybe, maybe not. But a rejuvenated Moneyline Telerate is already snatching business away from the UK giant. One of its latest coups is to win
      FILE PHOTO  -  518 words
    • 467 13 80% or 90% loan limit depending on size of flat from Oct 1 THE Housing Development Board (HDB) will cap the amount of mortgage loans for low-income households at 80 or 90 per cent of the purchase price, depending on the flat size,
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    • 203 13 Being chosen shows how well-developed financial sector is AFP THE Singapore government confirmed yesterday it would host the 2006 annual meetings of the International Monetary Fund (IMF) and the World Bank. "Hosting this meeting demonstrates Singapore's commitment to the work of the International
      AFP  -  203 words
    • 272 13  -  EYE on the economy By Joyce Keh SINGAPORE'S consumer price index (CPI) for August rose 0.5 per cent year-on-year a second consecutive monthly increase after two months of falls. Against July, the CPI rose a more moderate 0.1 per cent, according to data
      Source  -  272 words
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  • ideas! 2003
    • 1286 14  -  Companies that are not leveraging the Internet for business risk getting left behind by their savvy competitors. GERARD M C LIM elaborates GERARD M C LIM IT is not about companies under-utilising the Internet to communicate, transact or interact. Nor is it about the fact
      REUTERS  -  1,286 words
    • 612 15 Be inspired at ideas! 2003 where marketing, creative and communications professionals gather to network, exchange ideas and find solutions FRETTING over dwindling consumer confidence and retail market gloom? Need a boost to re-focus your marketing efforts? Professional support is within reach with the inaugural ideas! 2003,
      REUTERS  -  612 words
    • 647 15  -  By ERIC ROSENKRANZ WHEN Tina Turner sings What's Love Got to Do With It? she is belittling one of the most important of all human emotions. Since showing emotions can be considered a sign of weakness, they tend to be discounted, especially in business. But
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  • Page 14 Advertisements
    • 288 14 BThe Ideas! 2003 Exhibition will save you from around the world. Plus there's the Ideas! 2003 Awards Gallery featuring EFFIE, marketing dollars from the moment you lAS' Hall of Fame, D&AD, The One Show, Creative Circle, Students' Creative, AP enter the exhibition. AdFest and Singapore Outdoor Advertising Awards. First of
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  • REGIONAL news
    • 432 16 HONG KONG Reuters OCCUPANCY rates at Hong Kong hotels wUI plunge to their lowest level for over four decades in 2003 because of the outbreak of Sars, but the sector is likely to recover ftally by 2004, an industry body said
      Reuters; BLOOMBERG  -  432 words
    • 507 16 KUALA LUMPUR It hopes to pare debt of RM3.54b by exiting unprofitable businesses Bloomberg MALAYAN United Industries Bhd, owner of 80 hotels in the UK, Australia and Malaysia, plans to raise RM2.5 billion (Ssl.l billion) by selling assets to pare debt.
      Bloomberg  -  507 words
    • 382 16 KUALA LUMPUR AT least two foreign firms with Malaysian operations look set to list on the Kuala Lumpur Stock Exchange (KLSE) following the latest relaxation of rules by the Securities Commission (SC), according to a report in the Star yesterday.
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    • NOTE Book
      • 101 16 Reuters [BI&JING] A Beijing court has ordered Dow Jones Co to pay a Chinese calligrapher U5549,000 In compensation for using his artwork in the company's Chinese logo without permission, a court official said yesterday. In 1994, the company that owns The Wail Street Journal
        Reuters  -  101 words
      • 78 16 Reuters [HONG KONG] China and Hong Kong will sign next week six annexes of a free trade agreement that will include the definition of Hong Kong-made goods to be exempted from mainland tarifffe, Tim Standard newspaper reported yesterday. The six supplementary deals would
        Reuters  -  78 words
      • 90 16 Bloomberg [KUALA LUMPUR] Media Prima Bhd, a Malaysian publishing and broadcast company, said its shares will begin trading on the stock exchange at the end of next month. The company is taking over the listing of Sistem Televisyen Malaysia, the country's first private TV
        Bloomberg  -  90 words
      • 64 16 Bloomberg [JAKARTA] The Indonesian Bank Restructuring Agency said it received preliminary bids from three foreign companies for control of PT LippO Bank, the country's 11th largest lender by assets. The Philippines' Export Industry Bank and Swiasfirst Bank are among the more than 10
        Bloomberg  -  64 words
      • 79 16 Reuters [HONG KONGJ There was another sharp drop in consumer prices in Hong Kong last month, extending the deflation cycle to a 58th month but an easing in unemployment and a tourism revival should help prices to start recovering soon. Hie consumer price
        Reuters  -  79 words
    • 548 17 HONG KONG Liquidators of municipal firm denied access to company records [HONG KONG] City officials in Zhuhai have physically obstructed provisional liquidators of Zhu Kuan Group from probing up to HK|4 billion (*****.7 million) in property assets, forcing them to take their plight
      548 words
    • 231 17 HONG KONG Airline says it serves the double purpose of cost-saving and hygiene CATHAY Pacific has stopped serving ftxll meals on its short-hop flights around Asia, creating a new class of economy flier the sandwich-class passenger, the South China Morning Post reported.
      231 words
    • 307 17 SHANGHAI Chairman, director of Jinan also fined for fraud JINAN Qingqi Motorcycle Co, which reported China's biggest corporate loss last year, said it has been fined 400,000 yuan (5583,200) by the securities regulator after it was found to have falsified its financial results.
      307 words
    • 233 17 SHANGHAI Reuters A SEMICONDUCTOR maker backed by the son of former Chinese leader Jiang Zemin began production yesterday, joining a band of companies setting up expensive fabs to supply China's US$2O billion chip market. Grace Semiconductor Manufacturing Corp expects its first microchip
      Reuters  -  233 words
  • Page 16 Advertisements
    • 40 16 DON'T )UST READ ABOUT THE FINEST MINDS IN BUSINESS. MEET THEM. Call +65 6346 6811 or email meimei@idgexpo.com.sg 28-29 October 2003 Efjlb #ll)C, A Global Entrepolis 3m Singapore Panasonic c/r/c r •clr.ts tor life t /f M.I'N. ll > v W&CSAATCHI
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    • 85 16 I CDmcogaQQCo I I Newly renovated and refurbished at three-quarters million dollars. Three huge bedrooms with bath or shower. Top end designer M furnishings. All new bathrooms including jacuzzi in master H bathroom. State-of-the-art home entertainment systems. Vast garden. Separate housekeeper's and maid's quarters. Swimming pool H H with iacuzzx.
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  • Article, Illustration
    1067 17 Transaction date: Sep 23 IMTBRBAMX CROSS RATES r t j AS O ffc lire MS M* ton* Y« W Ml IBS Mm Nm SS tmt Sir 6TS tm Hmt W> /Mrala 0.917 5.647 0.592 1273 31.135 57.260 0.757 7X27 2.566 109 ***** ***** U7I 4.900 0.919 22.951 ***** 0411
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  • Page 17 Advertisements
    • 1472 17 cup notcontro je aspnetcentre Ltd (Incorporated in the Republic of Singapore on 31 December 1999) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company win be held at 11 Tampines Street 92 Singapore *****2 on 16 October 2003 at 10.00 a.m. (or
      1,472 words

  • 1301 18 mOOMFUTUBBS Sep 23 HMD FMra (CM| print) mt<S(nb/htf CtoM Mm Opaa Martfc Mgk Low Satt (tan—) Marast Oct 03 ***** Nov 03 190.75 OK 03 200.00 Jap/Mar 04 ***** issaascMbAo vpotm opaa MmUi Ugh Lot Satt (taMK) Marts! Oct 03 1R25 114.25 114J0 800 4(75 No* 03 H175 5625
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  • WORLD news
    • 351 18  -  Cancun collapse and US trade accords force EU rethink From Shada Lalam in Brussels THE European Union will review its opposition to signing new bilateral and regional free trade deals with Asean countries and others following the failure of the World Trade Organization's
      351 words
    • 290 18 SYDNEY Former exec Peter Ziegler is seeking a payout of A$148m Bloomberg VILLAGE Roadshow Ltd shares plunged yesterday after Australia's largest cinema owner said former executive Peter Ziegler was seeking a Asl4B million (*****.8 million) payout. Mr Ziegler sent the Mel-bourne-based company a proposed
      Bloomberg  -  290 words
    • 200 18 AFP [SEOUL] The South Korean government yesterday proposed the biggest increase in defence spending in seven years to cope with mounting tension over the North Korean nuclear crisis. The total budget for next year was set at 117.5 trillion won (*****.7 billion), up 2.1 per
      AFP  -  200 words
    • 623 20 NEW YORK Goldman, Lehman and Morgan Stanley post healthy earnings in Q3 Reuters Bloomberg WALL Street heavyweights Goldman Sachs Group Inc, Lehman Brothers Holding Inc and Morgan Stanley yesterday reported higher quarterly earnings that beat Wall Street estimates. Morgan Stanley, the second-biggest US securities
      Reuters; Bloomberg  -  623 words
    • 537 20  -  Assistance from major donors halved from 0.5% of GDP in '90s to 0.22% today From Anthony Rowley in Dubai AID from the developed to the developing world has fallen to "its lowest level ever", relative to the size of
      REUTERS  -  537 words
    • 379 20 CEO SEARCH Reuters Bloomberg [LONDON] British broadcaster BSkyß said yesterday that the chief executive who put it in profit was leaving amid speculation that his job will pass to the relatively untested youngest son of media baron Rupert Murdoch. British Sky
      Reuters; Bloomberg  -  379 words
    • 290 20 Analysts upgrade stock on hopes a new leader will shake up the business Bloomberg Reuters [CHICAGO] Motorola Inc's shares surged as much as 11 per cent on Monday on hopes the company could pursue a breakup following chairman and chief executive Christopher Galvin's sudden resignation.
      Bloomberg; Reuters  -  290 words
    • 564 21 NEW YORK Critics concerned that auditors will end up approving own work NYT A LAW intended to ensure the independence of auditors has some accountants worried about a new conflict of interest. Under legislation that was passed in the wake
      NYT  -  564 words
  • Page 18 Advertisements
    • 303 18 electronicAsia 2003 International Trade Fair for Components, Assemblies, Electronics Production and Display Technologies Incorporating t > f r r si, "> ,1 1 The Region's Premier Showcase for Components, Assemblies, Electronics Production and Display Technologies Since its successful debut, electronicAsia has been jjfi the catalyst fostering strategic partnerships and business
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  • 6 19 Transaction date: Sep 23
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  • 5 19 Transaction date: Sep 23
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  • 724 19 i Transaction date: Sep 23 Hiflfc —i m Omt q—tl »I*«H a— am* AlgraanSOc MO 1*0 -0*20 IMSMl SOc 0.46 23* St 472 5.150 -0.050 03C MS 11-200 *0200 CjpfeaLand 114 1360 *0020 OUE 0.49 6 550 Chart SamtCond 26c 1M 1510 *0X00 NrimayH25c 047 OHO City Da* 50c
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  • 577 19 BONDS WARRANTS Tal UN M Can to 'St to-% tatt r mi.i <■—■*» Mw *m 3698 AST1W*****1 225 35 600 1 16 10 156 9 3697 Acma Ltd W*****6 1 1 SO 386 10 50 14 3602 Amtefc W*****0 1M S 78 1 33 1.28 21 3603 Armstrong W*****0 unch
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    • 596 20 I Distinguished Technopreneurs Forum I 28-29 October 2003 Suntec Singapore International Convention Exhibition Centre I 1 I Opportunities In Emerging Markets I ZZZZSZU I I Unconventional Marketing Strategies m Professor Clayton Christensen N, from Harvard Business I Makinq IP Work v School. Discover and leam I t >' from Professor
      596 words

  • 13 21 Transaction date: Sep 23 for live prices, log on to www.asiaonemarkets.com
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  • 74 21 SM* I'M Vol Day Last Quota GrOte M» firTM M MCm W» I—i Coda Company Sate W- PM«> MN» low «WW> SaBar Cw W >3 9600 89 6065 Diamonds US2000 2060 MOO 3750 2700 6095 ISDJUSTech US3740 6097 IS MSG Spore US555 (270 8200 6101 ISSAPSQ0 US8270 9650
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  • 350 21 52-M T«i lot Ml Day UMQMM 0riXv Mr 6fVM MM MCap U» to* C i ■>■■> w- ri Ui 8—r >*r Cw W hi 168 81 6000 AVJemngi A25c A159 «1 57 159 158 158 160 U U 6 3422 6001 C*th*yPac20c MK720 265 2.1 74 6 *****2
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  • Page 21 Miscellaneous
    • 184 21 CRYPTIC CROSSWORD 28 Condlior rejected by senior sportsman (7) 14 Pole brought in to remodel a Across: 1 Drastic, 5 Avebury, 9 r>riliUM fla 9 (3.6) Packman, 10 Treason, 11 Ted--1 15 22» <W>ear. 12 Mouse, 13 Death, 15 toafnnram 17 H=„nh>«, Serenades. 17 Roisterer, 19 17 Ratings cnminal daughter
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  • BT motoring
    • 521 22  -  BT exclusive Asia spurt a surprise as 5-series replacement is imminent says Samuel Ee Samuel Ee GERMAN carmaker BMW Group's sales from January to August edged up 0.5 per cent compared with the same period last year. So far this year, it has sold 712,650
      521 words
    • 714 22 THERE are concerns about looming oversupply in China's car market. But BMW isn't too worried at least not about the premium segment. "There is substantial growth in China but there has also been over-capacity for many years," said Luder Paysen, BMW's senior
      714 words
    • 484 22  -  Increased productivity means customers can save an average of 20% By Samuel Ee TOYOTA cars may leave the assembly line, but the assembly line will never leave them at least not in Singapore. Authorised distributor Borneo Motors has implemented a production-line
      ARTHUR LEE  -  484 words
  • Page 22 Advertisements
    • 546 22 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF INTERNATIONAL FOUR STRONG PTE LTD NOTICE OF RESOLUTIONS FOR MEMBERS' VOLUNTARY WINDING-UP (PURSUANT TO SECTION 290) Al an Extraordinary General Meeting of the members of International Pour Strong Pic Lid duly convened and held on I
      546 words
    • 49 22 iS!^k -Jw Wtekendi and hoMays aw tor hearing down to Cotoman's tor Jondi where our Duner or ow ®u ami, •nami ww of iMM|fi no of cwipp you* Mafce your »Mrvc*or» at <46)*****132. Coiwmn't. huMimi lwch »mm» »noamo4i>a»W»AdX»l4JB^«Cl>W»nj»^. natfflimsi 5 CoMtmn SftM« Sngcpo*) 7W06 Par*** towar CaHmani 8»i M
      49 words
    • 52 22 p n i jj < ra nq mahal haute Indian cuit i n Buffet Lunch Noon to 2.30pm (Closed for lunch on Saturdays) Dinner 6.30pm to 10.30pm Make your reservations with us at: t Teh (65)6333-1788 PtomSE. UpL '*i» Fax: (65)6333-1660 LMd Tt» Pan Pacf* Stiffen 7 RaDln Boutr*art Mama
      52 words
    • 81 22 Zl/Special Lunch $5.80 Nett Per Item t With FRIE Choice of One Cotfee/Tea/Sort Drinks or Chin Chow Oyako Don (Chicken Egg with Rice) Penang Fried Kway Teow Slice Fish Hot Fun Hainanese Mutton Stew Saut£ed Chicken with Chinese Sausage Day Mag#s4.oo nrit each Jng#sls.oo nett each *1*44 For enquiries. caN
      81 words
    • 72 22 "IMERITUS MANDARIN SINGAPORE!" 'Mnitif of-j(ave< Three Words, Two Hearts, One Milestone 29 JO November 2003 Pledge your love for each other amidst the grandeur of a Mass Wedding. At an exclusive $1,388 nett* per couple. For enquiries, please call wedding planners Yin Goh at 6831 6066 Cassic Chew at 6831
      72 words

  • Page 23 Advertisements
    • 5695 23 Notices KIMMERIDGE ENTERPRISE PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company convened and held at 6 Raffles Quay #11-05/06 John Hancock Tower Singapore *****0 on 15 September 2003, the following resolutions were duly passed1. SPECIAL RESOLUTION WINDING UP That the Company
      5,695 words
    • 340 23 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF CTI AVIATION (PTE) LTD. (IN MEMBERS' VOLUNTARY WINDING-UP) NOTICE IS HEREBY GIVEN in pursuant to Section 308 of the Companies Act Cap. 50 that a Final Meeting of the Members of the abovenamed company will be
      340 words

  • EXECUTIVE money
    • 747 24  -  Japan and Asia are ahead of the curve and ready to rally, says hedge fund manager. GENEVIEVE CUA reports GENEVIEVE CUA ASIA is set to become the world's powerhouse over the next decade, but the US and Europe are likely to be caught in
      REUTERS  -  747 words
    • 650 24  -  Netresearch introduces service to prune portfolios By Genevieve Cua CONFUSED about your stock portfolio? Netresearch Asia (NRA) has launched a portfolio evaluation service that will tell you just which stocks are worth keeping and which should be sold. If you are a "typical" in- vestor, be
      650 words
    • 844 24  -  INSIDE markets By Robert Halili DIRECTORS and substantial shareholders joined in the market's profit-taking last week, with some insiders making huge disposals based on filings submitted to the Stock Exchange from Sept 16 to 22. Sellers outnumbered buyers in every trading category with 44
      844 words
  • Page 24 Advertisements
    • 326 24 r.v-s*. Kx iX 2003 The Regional Infocomm Exhibition Conference Where Business Meets Technology BPPS^^BBP^- iX 2003 will be the region's only large scale, integrated business W* lit f !7UU l* -'j§ c k d "HO wm infocomm event this year. It's an exciting showcase of the if-Jt ft J0^ 'atest
      326 words

  • SHIPPING TIMES
    • 256 25 Reuters THE Baltic Dry Index rose 34 points to 2501, the Baltic Capesize Index rose 56 points to 3602, the Baltic Panamax Index rose 39 points to 2324 and the Baltic Handymax Index rose 64 points to *****. TIME-CHARTER: Southern Explorer (built 2002) *****3 dwt delivery worldwide February/March
      Reuters  -  256 words
    • 297 25 SGX '000 Sap 23 SS *t- Vol CH Offshore 0.41 0.02 ***** ChuanHup.. .051 0.01 4587 Cosco Investment .0.49 0.01 ***** CWT Distribution 0.58 0.01 48 EzraHldgs 1.05 0.17 5606 Freight Links AOS unch 665 G8 Rowings 069 -0.05 12 Java Holdings 0 69 0.01 8343 KfVentm 0-23
      297 words
    • 531 25 Result falls short of expectations after Sars hit traffic at Cosco-Hit port Reuters [HONG KONG] China-back-ed Cosco Pacific Ltd reported a 5.4 per cent rise in firsthalf net profit on Monday as the ports operator expanded its container leasing operation, the world's fifthlargest. But
      Reuters; FILE PHOTO  -  531 words
    • 331 25  -  Joint venture handled 56,402 TEUs in the three months ending June 30 By Beth Jinks [SINGAPORE] PSA Corporation's key Indian venture at Tuticorin scraped together a 4.3 per cent volume growth in the first quarter of this financial year, after its
      FILE PHOTO  -  331 words
    • 318 25 Rates hit 5-month high as 22 tankers are booked to ship Persian Golf crude Bloomberg (LONDON] Oil tanker rates in the Persian Gulf may rise for a seventh week as charterers make inquiries for vessels to load crude oil
      Bloomberg  -  318 words
    • 300 25 Possible contracts may last at least a year, says shipping company Bloomberg [SINGAPORE] Lanka Maritime Services, a unit of Sri Lanka's national shipping company, said it may start buying fuel from BP pic's Singapore trading unit to supply vessels in Colombo
      Bloomberg  -  300 words
    • PORT Shots
      • 116 25 Reuters [HONG KONG] The ports unit of Hong Kong conglomerate Hutchison Whampoa is in talks to boost its investment in the Chinese port of Ningbo, The Standard newspaper reported. Hutchison Port Holdings is talking to the Ningbo Port Authority about investing in three phases
        Reuters  -  116 words
      • 89 25 Bloomberg [SEOUL] Daewoo Shipbuilding Marine Engineering, the world's second-largest shipbuilder, won an order from UK-based Golar LNG to build one liquefied natural gas ship for US$l5l million. The delivery of the 145,700-cubic-metre vessel will be made by the end of the first quarter 0f2006 to
        Bloomberg  -  89 words
    • 1015 26  -  STRAIT TALK By David Hughes AS you read this, a meeting should be underway in Cyprus that is part of the process of thrashing out a new international wage bargaining system for shipping. This meeting of the Joint Working Group (JWG)
      AFP  -  1,015 words
    • 3 26
      3 words
    • 4 31 THERT TSTNESSTTMES
      4 words
    • SHIPS IN PORT
      • 631 33 Vessel Voy No Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL APOLLO 6 304 J7 A/SIDE 24/09 060( ATLANTIS 7 A7168 J3 A/SIDE 24/09 063( BAYSWATER228 E3219 J3 A/SIDE 24/09 003( ENGIADINA *****S J18/19 A/SIDE 24/09 040( GLORY WISDOM 3 J5 A/SIDE 24/09 060< IVORY ACE 85 J6 A/SIDE 24/09
        631 words
      • 2 33
        2 words
      • 137 33 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 Hongkong: Chung Yeung Fest. Oct 6
        137 words
      • 789 33 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the
        789 words
      • 519 33 Carbon 180 Mai 994.8 0J M.I 0.07 3S 0.06 Sep 18 Density Meter Residue AshAtaminlum Sediment No above E2S 1 0 0 0 0 0 rj; 380 Aye 983.7 0.2 12.5 0.05 35 0.02 luwi 380 Mai 991.5 0.5 >6.2 0.12 172 0.05 nt/M'3 v/v m/m
        519 words
    • AIR & LAND transport
      • 527 34  -  Services can be increased between the 2 countries and beyond barring US By Beth Jinks [SINGAPORE] Singapore's air cargo industry has welcomed yesterday's air services agreement with Australia, that effectively eliminates all restrictions on freight flights between and beyond both countries
        FILE PHOTO  -  527 words
      • 410 34 Swiss to cede 8 slots at Heathrow to UK airline Bloomberg [ZURICH] Swiss International Air Lines, Switzerland's national carrier that emerged from bankrupt Swissair Group, signed an accord with British Airways on joining the UK carrier's Oneworld alliance as it seeks to
        Bloomberg  -  410 words
      • 263 34 It defends policy of grounding stewardesses earlier than male crew AFP [KUALA LUMPUR] Passengers want to be served by "young, demure and pretty stewardesses" a top Malaysian Airlines official said in defence of the grounding of female cabin crew aged over 40, a
        AFP  -  263 words
      • 283 34 Reuters [CHICAGO] Delta Air Lines on Monday cut domestic airfares on many flights from mid-October through January, prompting rivals to match those cuts in what one expert called the year's widest sale aimed mainly at business travel. Delta's fall airfare cuts started
        Reuters  -  283 words
      • 194 34 Bloomberg [TOULOUSE] British Airways, Europe's largest airline, is offering round trip tickets between Paris and London for 106 euros (*****.88) as it kicks off an advertising campaign to encourage Parisians to fly to England. The carrier is spending £2 million (555.7 million) on a
        Bloomberg  -  194 words
      • 273 34 Airline secretly gave passenger info to defence contractor privacy group Reuters [WASHINGTON] A privacy-rights group asked US regulators on Monday to prosecute jetßlue Airways Corp for secretly giving the names of more than a million of its passengers to an anti-terrorism screening
        Reuters  -  273 words
      • 217 34 Reuters [LONDON] Workers at train operator Heathrow Express, which carries passengers from London to the world's busiest international airport, will hold three 24hour strikes next month, the train company said on Monday. "It is our intention to run as full a service and a
        Reuters  -  217 words
      • 367 34 AIRLINE COOES AAAmencar> Artnes (AAL)Af to ftwa (MR). MM*** (MC). AY fmrnOitirm). AZ AMalu Arms IAZA) BA Bntsti Anays Puhtc Lid Co (BAW) BG BnwißinolKl&iAttmstßeCl.BH*** Brum Artnes Sdn BncißßA). BO Bona Artnes (SOU). BR EVA Arways Ctrpn (EVA), CAtoOwa (CCA). CB Amencar kmnutonl Artnes (CKS) Chna
        367 words
  • Page 25 Advertisements
    • 58 25 LIBERALISATION AGREEMENT BETWEEN SINGAPORE AND AUSTRALIA 'This will enable the airlines to consider additional opportunities to Swiss inks deal Hftlfftlnn J,! V W ~Wi UV develop airfreight to join Oneworid operations, j I|MPHE John Anderson, Australia's Deputy Prime Minister and Transport Minister PflftftimffAro uuam4 on the cargo measure, m Back
      58 words

  • Page 26 Advertisements
    • 855 26 ESJPP^BKnHPIVNHBHI^D I TO USA/CANADA I I EXPORT I I OTHER DESTINATIONS I VBSa |vot W6 [HAm|IOMGKAO<|DmAS|HOUSTO>I|WIWmS |o>C<6o| WWTOW [I TO AUSTRALIA (AUSTRALIA ABtA EXPRESS) PlO NEDUOYD STUYVESANT 1909 23/09 24/U9 I 10/10 14/10 17/10 15/10 15/10 11/10 iSi "TSTsST PBS ac ng W NEDUOYD HOUWAN 17E40 30/W 01/10 I 17/10
      855 words
    • 475 26 Lines services represented by gjJHk A Members of (he Registry of Accredited Shipping Agents, Xg»»» y Singapore Shipping Association Members of tbe Singapore Logistics Association Pj LILY UNi MALI f rtSM VOY Ett 111 Ett A r.KJM STOtt MALI Mold Star 542 A 23/09 25/09 04/10 Empress Lify 0503 03/10
      475 words

  • Page 27 Advertisements
    • 1048 27 TOEUROPE FROM EUROPE resa lw m ■■—mm lira w a i» ail API HON6 KONG IVWB/R 15/10 17/1013/10 tfIOMNMK 100E 04/W 02/00 34/W Mtnrasmi oimS/w 12/10 u/10 17/10i«/io won—n sosot/oo 00/w 10/00 00/W27^o Hrranac si tw 17/10 w/10 21/10 is/10 nsoani omeoo/w 10/w 13/w 14/w jc/w apiooia 110*02/10 N/10 M/
      1,048 words
    • 1885 27 man? MEMM 21 ££r COSTAft SHIMINfi Ml LTD «K«ra(oMm owmoon u mi«smi umsm/n I WWIWIM(BWMMU BMn a»iimtw2! KLtmiwvuMi mhmwp/oi mmstm ukuh/n I T/SNPOCP M»tt» *****114/44 I JOHOt'S OfHCt CONVHTKMAL *****150 *****104 I WW HUMf SMUNS COSIM ACOtOIS W) S0« OHD TtL 17-*****44 HULO7-iSMI7O W/WT V HH SM 01 1 Ml
      1,885 words

  • Page 28 Advertisements
    • 461 28 ©|%C| MAC tiiniMWifinnifimwi nimn r»ir imnn una i ntm«iT<nnm nnm n UCLIVIMw DocuM»n»rioNVonMnoM;MMaM7nui«aawi77 mmmwmmmtktmmm;- HlMcawwiiMwgwMWi/wiMwa vgsa jvot |sw iMUMoti|uw^|Mimiio«|ampi|ureviu|<«^|n»*|u)Mi|Ti^ a»«s»i am h/w m/io ~T~ 04/p n/io m/ii m/io oi/ii M—CH» Ml VAW 14/10 17/10 n/10 >4/11 70/10 H/10 7S/10 77/10 H/10 31/10 01/1) Mghg ww os/io a/io H/io v/n 01/11
      461 words
    • 223 28 m VASCO MARITIME PTE LTD. OffißS WEEKLY CONTAINER ISO) SERVKES FtOM SINGAPORE/MAIAYSIA/INDONESU TO INDIA NHAVA SHEVA, MUMBAI, KANDLA. CHENNAJ, CALCUTTA All KDS PAKISTAN KARACHI INLAND SECTORS, ALSO SERVING AFGHANISTAN ARABIAN GULF DUBAI, ABU DHABI, SHARJAH, BAHRAIN, DAMMAM, BANDAR ABBAS ft KUWAIT SOUTH lAST ASM P. KIANG, PENANG, PASIR GUDANG, JAKARTA,
      223 words
    • 1190 28 WAN HAI NTERNAHONAL TO LTD <RROtl4o*snooM/l Vr;A mill (huno wluhuu W\WAN HAI LINES ssasKSSSSSSV nftMMnMnEiMaKWiaMnKmMnvßMi www.wookoi.coa.tf nrnv* ISSam I ftT? -wir tow-w-? —™—®--wir "im H lomiwtx n a« k* ft* b»h to v» wit wi «/ii wt imi imi Immiii] IMS \vm a* a* ei«/io k/io v/m ww 11/w ivw
      1,190 words
    • 435 28 MYANMA FIVE STAR UNE "KJiXr vbsb vor sm m m m M6AN MM-M JO7W SIB M BAUYSIA: OOUSTUO SMPPMC A6CNCKS OU 03-*****M0 TO: OMI7MIOI KM 04-MU4OI BANK LINE (A wrrto *< kmkwm WMr Tllppli^ I WOItTmOUNP TO iUKOwH v aMoaet, rata mix tNumjns vissa sm to mom mu ami? SKTUMK
      435 words

  • Page 29 Advertisements
    • 958 29 rvßar vflV khh hk6 I sin Ito I Did Iu» Ipmw lik CAM mo KL MO5 &ANJD DXB 19/09 JKT) 22/09 21/09 30/09 01/10 09/10 10/10 KAN SAAKIKI Pa 8004 HOP SKIP 04/10 OS/10 12/10 13/10 19/10 >1/10 MAN HORMOZQAN Kl 332 07/10 00/10 11/10 12/10 19/10 20/10 27/10 29/10
      958 words
    • 554 29 UK CONTINENT SERVICE LoatSngfor ARCHIMEDES RTM/ATW/BMNAJK/NAN Loth EAN. MMyla. IndofMi* MIDDLE-EAST SERVICE Loating tor PANORMOS PRIDE DBI/ABU/DOH/BRN/DMM/KWT REQINA V HDO/JDH/AQA FIVOS DBI/ABU/DOH/BRN/DM M/KWT IOLI HDO/JDH/AQA •Loads SmflMiore. E7W mdonM USA SERVICE Loading tor GIORGOS CAM/NFK/SAV/NOL NENA J VCW/LAX/M2L •Loads E7W. Malayaia. Ipdonaaia F.E./S.EJL SERVICES S'pore Loadngtor POSCTBN INC/BSN "Loada S.
      554 words
    • 693 29 rasa m m M JfiflL 3E___Sl II 88 gg IBS- gift. -88—rS8i=i8g= 11 m m- KSL SS as—&»urn azK a/it HKOAMA 1047* 01/10 02/10 ■■■HliiUillUylUllHH MtW* 10** W/l> WW if nriyan sin B/ii 12/11 azii_ M[nm —Sg— vm Ssl. BBSS —Hi/ —W* VfSS£l VQV SH CALCUTTA I IMIMI I nUi
      693 words

  • Page 30 Advertisements
    • 494 30 TWaiKKt UN 77-il/M 03-05/10 11-12/10 I neasiuM im awi/io 07-W/10 14-15/10 I IKB SKY 111N 044)5/10 10-11/10 11-19/10 I ma sea irn oz-oi/io 14-14/10 21-n/io I TKSQi m —vm —wm —\mt I iwasmn 074 24-24/N 04-04/10 13-13/10 I MUM 4)4 01-02/10 07-01/10 17-11/10 I wogii|^^4t^^osffiioi»iyi^2ni/i(^J IE; F' ■MCMAIASSAI 004 24-27/04
      494 words
    • 641 30 FREIGHT LINKS EXPRESS PTJkLTI>i 51 Penjuru Road, 3 Level, f V /ll 9 Freight Links Express Logisticentre, Singapore *****3 Tel: *****511 Fax: *****577 E-mail: flesin@sinqnet.com.sq LmM LCL SERVICE TO JAPAN/INDONESIA/PHILIPPINES OSAKA KOBE CEBU •JAKARTA YOKOHAMA NAOOYA SURABAYA MANILA TOKYO uso Booking 6267# 5565/4694/5535/5500/5541/5500/5569/3360/5563/5514 PROJECT «r HEAVYUrr CARGO (CONVENTIONAL RORO) f
      641 words
    • 1060 30 fb IPDZ LINES I ■momus Innlm/ii |w/h|«wb |»—< |—/i» |w/i> \lmmm lmy|>y/w|ii/i>l— a Imi I wn» I m/iTI law »w oi/h w/n Lag [mmlm/h I w/w [■»>■>» w g/n liyii Iwoommw I»m|i7/u| u/n I Immmm mm »/n IT/ii Imuomi »w 11/n »7/n Iwhwm*\mn\l7/uln/u ib»Uu/w u/h I ■Hog m\ ii/h »i/i>
      1,060 words



  • Page 33 Miscellaneous
    • 112 33 1 r Issued by Meteorological Service Division.NEA LEGEND: Thunderstorm Wind speed symbols Showers Full circle w/o line indicates calm or light and variable winds Rain -"—One half fleche represents 5 knots Cloudy Day One full fleche represents 10 knots Hazy A One solid triangle represents 50 knots D Centre of
      112 words