The Business Times, 27 October 2003
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2003-10-27
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The Business Times
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Title Section16 2003-10-27 1 MITA (P) 024/03/2003 85c THE BUSINESS TIMES S INGAPORE Internet: http://business-times.asial .com.sg MONDAY, OCTOBER 27, 200316 words
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994 2003-10-27 1 Jennifer Lien - Workers and some tech bosses are fearful. Others see an upside to the pain From Jennifer Lien in Silicon Valley THE heartland of the world's infotech revolution is feeling the raw edge of outsourcing, the new corporate trend that is reshaping businesses around994 words
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Article, Illustration125 2003-10-27 1 Kenneth Lim - All the numbers with panache By Kenneth Lim ANNUAL reports can be informative, insightful, full of important numbers but incredibly boring to the uninitiated. Thank goodness for GES International and TR Networks, two listed Singapore companies whose once-a-year publications show that a bland interior need not have a dull exterior.125 words
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671 2003-10-27 1 Andrew Marks - All eyes are now on this week's Fed meeting and release of a key economic report From Andrew Marks in New York WITH the robust third-quarter earnings reported so far, it may be hard to believe that Wall Street is looking671 words
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Article61 2003-10-27 1 Week Change ST! 1731% Wii KLSKCOMP __.H04.43. -233* NIKKKI 225 HOST.70 -MtM ■AND8EN0 *****.37 «B SKT ND fiU9i5 *mm JAKARTA 11 >MP KM 57 1M MANILA OW 333 TMPBOTI -JMMM ***** 8B0tXQMr 74*17 -MM SHKNZHKN B ***** -232 AI STA1J.0KD 3266.20 3510 HOW JONKS MMM 1393:1 NASDAQ IW&58 -4661 words
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Article81 2003-10-27 1 FOREX RATES U8$ SS ISS (SS per ISS) 1.742 V(l SS/SS per S| I 2.94S El RO0 'S$/SS/E). 1.1K2 1«59 YEN MM 62JW KM IBM 1181 HKS 77« 4.4-iO BAHT ffl.M 22.92 Kl II AH Ml 4.K66 -RENMINBI 8.298 4 763 INDIAN Kl PEE4M3 2602 AS 1.425 11.818 NZS81 words
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501 2003-10-27 1 Daniel Buenas - BT exclusive But industry says it won't be enough to cover Sars losses By Daniel Buenas [SINGAPORE] A slew of international conferences here is generating a tidy windfall for local hotels. Although some say this will not be enough to cover their lost earnings501 words
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Advertisement62 2003-10-27 1 if 2 J JV 4f* i Hmje J9| Payouts from year 2 to 24 only. Buying a life insurance policy is a long-term commitment. An early termination of the policy usually involves high costs and the surrender value payable may be less than the total premium paid. Great Life ii62 words
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Advertisement34 2003-10-27 1 Morgan Stanley FLIP-FLOP Vikram Khanna takes issue with the investment bank's controversial report that downgraded the Singapore stock market Pg 2 Wafer fabs ready to roll next Pg 18 lllllffill 8 1 *****1 *****4™34 words
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Article, Illustration783 2003-10-27 2 vikram khanna - BT comment ECONOMICS In particular, it makes you wonder about the relevance of 'economic analysis' to the stock market vikram khanna LAST week, in a report dated Oct 23, an analyst from US investment bank Morgan Stanley abruptly downgraded his rating on the Singapore stock783 words
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Article, Illustration628 2003-10-27 2 Macabe Keliher - Growing economic ties not matched by means for dialogue From Macabe Keliher in Taipei INCREASING economic ties between China and Taiwan have made the two political adversaries so interdependent over the past few years that economists worry the lack of a cooperative628 words
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Advertisement436 2003-10-27 2 Congratulations To Our Graduates UNIVERSITY OF HULL United Kingdom m Master of Business Ng Choong Kiat Master of Business iC^ r Administration Ng Kok Ching Administration (General Management) Ng Lai Huat Daniel (Strategic Marketing) Ang Hui Ngoh, Sheena Ng Min Chiang, Calvin Chang Yuh Kang n fl M f fl436 words
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Advertisement75 2003-10-27 2 Investors are as much to blame for Thursday, Pg 6 at Ngee Ann City Suntec City International Plaza Doing your own buatmos? Um our wmrtom and fecHn to reduce your operating cootoandrtotal Prestigious locations for your registered I mailing address We will answer your phone (dedicated number) in your company75 words
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Advertisement254 2003-10-27 3 SINCERE THE WATCH SPECIALIST mSmI U fill*" (■Wr 1 I I 111 mrJ&tM* m m ■> in*., Mt v V\ >iT*.»v m* l »—f A V A skeletonised Tourbillon with an automatic technical movement, its Featuring perpetual calendar, phases of the moon and chronograph 60 components weigh a mere 0.3254 words
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SINGAPORE companies
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767 2003-10-27 4 quak hiang whai - HOCK lock siew quak hiang whai OVERSEAS Union Enterprise (OUE), a sleepy property and hotel group now controlled by Wee Cho Yaw's United Overseas Bank Group, has lately seen some renewed interest from stock market investors. And it's probably about time. While the overall market, led767 words
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1244 2003-10-27 4 Robert Halili - INSIDE MARKETS Heavy sales activity this month could point to a market correction By Robert Halili SENTIMENT was very bearish for the second straight week with 49 directors and substantial shareholders of 44 companies posting 120 disposals worth $44.7 million for the week ending1,244 words
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Article, Illustration974 2003-10-27 5 Raju Chellam - Short-term profit-taking seen but longer term outlook still positive By Raju Chellam WHAT a difference a couple of days make. Early last week, two of the world's largest hard disk drive makers Seagate Technology and Maxtor Corp reported excellent results for their just-over quarters.Source: Bloomberg - 974 words
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192 2003-10-27 5 BRIGHT Orient (Holding), a Shenzhen-based contract manufacturer of international fashion brands, has received its letter of eligibility for a Sesdaq listing. Started out as a contract manufacturer for ties and scarves in 1996, Bright Orient's customers list has since grown to include FTR, a192 words
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Advertisement94 2003-10-27 4 CORPORATE INVESTMENT BANKING ASSET MANAGEMENT PRIVATE WEALTH MANAGEMENT A Passion to Perform. Xj HHk, I c i Here's to the brilliant idea. And to those who recognize its power and its rarity. At Deutsche Bank we share your passion for 'what if, the fresh perspective, the leap forward. It's what94 words
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Advertisement157 2003-10-27 5 1912 /(Hon teySiafifia the oldest Italian manufacturer of writing instruments presents the unique and most valuable Writing Jewel in the world The Peace Pen Platinum, 1,259 diamonds, Baccarat Crystal Exhibition Elephant Coral Pen Co Pte Ltd Wheelock Place *03-07 501, Orchard Road Singapore 27th and 28th October, 2003 Tel: (65)157 words
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Article, Illustration417 2003-10-27 6 Compiled by Thomson Financial I/B/E/S OTHER SINGAPORE INDICES Oct 23 VALUE CLOSE BT OB/OS 48.00 -491.00 BTCAW -*****.00 -313.00 BT 10-day IU 5019.00 +4.00 Aft-SG Equities 477.09 9.66 S6E*ritfmEhct 173.44 -4.65 S6D|«Hi«i Fin 1505.96 -41.02 SGEqaftfesPro* 443.35 -17.77 MSCt Sfagapor* 214.42 SflHISa Futures 214.40 -6.30 Stocks Volume Beyonics417 words
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SINGAPORE markets
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Article, Illustration817 2003-10-27 6 r. sivanithy - BT comment STOCKS r. sivanithy THERE seems to be a general sense of outrage among brokers and punters over Morgan Stanley's downgrading of the Singapore market last Thursday. Not only did it come just two months after the US bank "doubleweighted" SingaporeSource: Bloomberg - 817 words
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Article487 2003-10-27 6 Payment Ex Books Pay (cts) date dose date AM* Engg 20c F 2 SO 0«K OMk 180k Ascerete RHT ckl *50 23-Oa 2»Oa 21 Nw ASi. Mame 10c y 140 26-Nw OIOk 1»Ok Atauno Gip 2.5c F 1J75ft ISOk 18-0k 05-Jan Auss*and d Am3 IVOa 200a 10Nw AuBon487 words
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Article, Illustration601 2003-10-27 6 AFP [HONG KONG] Asian currencies ended last week mixed with the yen seeing directionless trading while the Australian dollar continued the surge that has seen it jump 25 per cent against the US currency this year. Japanese yen: The yen moved narrowly against theAFP - 601 words
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Article99 2003-10-27 6 Events investors un watch out for Nm No«h« of KXD Digital, Oct 27 NawEatttfafKtara SaMywMr, Oct 29 IUIHii lwi>'» m for Mw boMMlMM, Ort 29 dM4»mi ptyim, Oct 28 Eamt HMga'a dlrtdawd payMM, a* 3i Tat l«i| Nek's divtdMd payaiaat, Nov 5 IPC© Ih*% ESM, Oct 28 Uttro99 words
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Article, Illustration318 2003-10-27 7 R. Sivanithy - HOT STOCK WARRANT By R. Sivanithy WE last featured the warrants issued by Malaysian infrastructure company Gamuda Bhd on March 3 in this column. The warrant expiring in December 2006 has run from RM1.86 to RM3.36, a gain of 81 per cent, while the one expiringSource: Bloomberg - 318 words
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Article, Illustration1107 2003-10-27 7 teh hooi ling - BT portfolio STOCKS teh hooi ling THE market turned choppy in the last two trading sessions of last week. It declined in sympathy with the sharp correction in the US market Sentiment was further dampened when two major foreign broking firms issued1,107 words
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Advertisement112 2003-10-27 7 I W>*> +*+0* Introducing the stunning, -w new 2003 Audi TT Tiptronic. J mjt, jJ Combining the exhilaration B m^m A of a conventional six speed Jh* > manual with the advantages JS M- of an automatic gearbox, the 2003 Audi TTT.ptronic redefines driving as we know it. AIL with112 words
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SINGAPORE news
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Article, Illustration550 2003-10-27 8 Siow Li Sen - UBS, and its top manager here, have plumped for S'pore for its many advantages By Siow Li Sen "YOU shouldn't underestimate the quality of life here," says Brad Orgill, ÜBS Singapore's country manager. While he made a personal choice to move to Singapore from550 words
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Article, Illustration238 2003-10-27 8 Singapore-Aussie exhibition is on today and tomorrow NANYANG Technological University (NTU) has linked up with research institutes from Singapore and Australia to organise a two-day event to showcase the potential of photonics as the optical and opto-electronic technology of the future. The event,FILE PHOTO - 238 words
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320 2003-10-27 8 Ang Hao Vao Singapore - MAIL bag Ang Hao Vao Singapore I REFER to the article "ExSGX chief has exercised all his 15m stock options' (BT, Oct 23). The article quoted David Gerald, president of the Securities Investors Association, as saying that "...options could be highly dilutive to other320 words
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114 2003-10-27 8 Leong Sze Hian Singapore - Leong Sze Hian Singapore I REFER to the advertisement that has been appearing in the newspapers asking Singaporeans to charge their taxi rides to their credit card and stand a chance to win lucky draw prizes. Charging the taxi fare to a114 words
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Advertisement100 2003-10-27 8 Fax your letters to 6319-8277 or email them to btletter@sph.com.sg or write to: The Business Times, SPH HQ, 1000 Toa Payoh North, Podium Level 3, Singapore *****4. We need your full name, address and telephone number for verification. Please use temperate language, and bear in mind libel laws. We reserve100 words
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Advertisement127 2003-10-27 8 V- m -s«r *?|HP Stg^0t£L- }l,. f-' w», lf lEflHttevc <r' < V-t- -TU f 4 V2?-Etf^• "MVreTith .ac 'r» •.> -w- v~ i »oj -€M&La_ a. x a Tf^Mlif-iifiiiilMiilft III ill" i 'tiimTOi§8iti?w?-'*^' l v; i ju t gr Just what the environment needs from a car. Water. If127 words
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REGIONAL news
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Article, Illustration763 2003-10-27 9 eddie toh - BT comment KL STOCKS While the viability of some of Dr Mahathir's ideas remains questionable, one thing for sure is that M'sia wont be the same without him eddie toh Malaysian Prime Minister Dr Mahathir Mohamad will leave office this Friday afterREUTERS - 763 words
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355 2003-10-27 9 He threatens to take action against Aussie broadcaster AP [KUALA LUMPUR] Jailed former Malaysian deputy prime minister Anwar Ibrahim yesterday denied allegations that either he or a US-based organisation he had worked for had terrorist links, and denounced them as attempts to inflict furtherAP - 355 words
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230 2003-10-27 9 KUALA LUMPUR Reuters MALAYSIA'S transport minister says the government is not bound by letters of intent issued to Chinese and Indian firms for a US$3.B billion rail contract, The Star reported last Saturday. Indian Railway Construction Co (Ircon) and ChinaReuters - 230 words
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366 2003-10-27 10 BANDAR SERI BEGAWAN Two industrial sites being developed, experts to pin-point key growth areas AFP OIL and gas-rich Brunei has embarked on an ambitious campaign to diversify its economy, starting with the development of two major industrial sites and the hiring ofAFP - 366 words
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271 2003-10-27 10 GENEVA AFP CHINA topped a list of countries that have triggered an-ti-dumping investigations on their exports in the six months to June, but the number of cases was down 43 per cent from a year ago, the World Trade Organization (WTO) said on Friday.AFP - 271 words
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Article, Illustration93 2003-10-27 11 [HONG KONG] A vintage travel poster, among many others, on display at an exhibition here last Friday. All the posters were used by international airlines and other travel and tourism-related organisations in the *****, '30s and '50s—an era when this part of the world wasAP - 93 words
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171 2003-10-27 11 KUALA LUMPUR Reuters MALAYSIA'S third-largest lender, RHB Capital Bhd, said it had applied for a licence to set up an Islamic bank, the Edge business weekly reported in its latest issue. At present, Malaysia only has two banks which provide full Islamic servicesReuters - 171 words
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353 2003-10-27 11 HONGKONG IPO proceeds to help improve solvency margin Reuters IN what is set to be Hong Kong's largest IPO so far this year, China's largest property insurer, PICC Property and Casualty Co Ltd, confirmed plans to sell shares to the public today inReuters - 353 words
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180 2003-10-27 11 AFP [HONG KONG] HONG Kong reported a 38 per cent increase in the amount of money lost in business fraud cases in the first nine months of 2003, police commissioner Tsang Yam-pui said on Saturday. Speaking at an anti-fraud symposium, he said lossesAFP - 180 words
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347 2003-10-27 11 BEIJING He's expected to posh for honoring of WTO commitments by China Reuters US Commerce Secretary Don Evans is to put pressure on China this week for fair trade and moves towards a market economy, the US Commerce Department said yesterday, but heReuters - 347 words
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Advertisement54 2003-10-27 9 '•J I r I *'|V fcy -t -,4» '^-3 7r: V!.-i- >?-^.-. i._ <> v .-r.: :C_.v£ Z > ■■.-.>■?',•..*•:§ A-%^. .T^^cr.,> i Js"^.'''r- v>*M r *v J r itr Wz t "i-srJ -"I:- .4Li'-V"'C 1. ;i JV r- v£L V, O/c f v yt v nt needs from a54 words
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Advertisement594 2003-10-27 10 jMHBf The ST. REGIS s^(5Si M^s SHANGHAI Hotel Home to a certain world. ASPEN HOUSTON LOS ANGELES MONARCH BEACH NEW YORK WASHINGTON DC BF.UING LONDON ROME SHANGHAI Call (86 21) 5050 4567 1800 3254 SAS4 (Singapore) www.stregis.com unmii i ■iiiium J^^Jj^^^22^^^^^^T^d*ertise^allUol^eMB©^B^^2^Eniiail^olices@sphLCom^sg FORM 69<3> tßule 101) Name of Company l)rcam Alliancc594 words
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Advertisement597 2003-10-27 10 In the matter of The Companies Act, Cap. SO And In the Matter of MUDA MUDI JEANS CENTRE PTE LTD STATUTORY DECLARATION BY DIRECTORS OF COMPANY'S INABILITY TO CONTINUE BUSINESS BY REASON Of ITS LIABILITIES We ABDUL KADAR S/O MOHAMED ABUBAKAR Blk 4 Everton Pork *03-40 Singapore *****4. NRIC No.597 words
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Advertisement262 2003-10-27 10 -iA :'Hu WE power your cash management MMfVflfl TIME-SAVING I'i'lliilfl MANAGEMENT OF CASH FLOW PLANNING The Corporate Series we developed at PTMC Test your current systems against The is probably the first Fully Integrated SQL Corporate Series and see how and why it can Financial and HR Software developed in262 words
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Advertisement67 2003-10-27 10 THE NEPTUNE COI I V a Q.U A V 15% SAVINGS ON LUNCH* Now till 31 October 2003 Enjoy dainty Dim Sum and excellent Cantonese delicacies at a great value, for a limited time only! Reservations: 6224 3203 *Offier is valid from Monday to Saturday (Exchunng Public Holidays) Wfl Oc+mOm67 words
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Advertisement166 2003-10-27 11 MARK A DATE WITH THE BEST OF FRIENDS AT THE CARLSBERG GOLF CLASSIC. "W* SENTOSA GOLF CLUB SERAPONG COURSE FRIDAY, NOVEMBER 7, 2003 Carlsberg has always been proud to bring you premier golfing events, both in the ,V\ mw v region and around the world. With the same dedication that166 words
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Article936 2003-10-27 12 COMMODITY WeeklyRoundup AFP (LONDON] Gold prices hauled themselves back over US$3BO an ounce last week as fresh cracks appearing in the value of the US dollar and US stocks boosted the precious metal's value. Cotton and grains were also winners. Gold: Prices broke throughAFP - 936 words
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Article, Illustration748 2003-10-27 12 FINANCE COMMODITIES Week ended: Oct 24 SDIOAPORE QOVERltMElIT SECURITIES DfPICATIVE PRICES AMP YIELDS Issue Coupon Maturity Latest Yield liw Cif» Matrtty Latest YleM M*****0H 3.5 01 FEB 2004 BU 100.72/A 100.74 0.757/0.682 NX*****H 5.625 01 JUL 2008 BU 112.95/A 113 2.662/2.652 N*****1T 3.375 15 MAY 2004 BU 101.4/A 101.43 0.825/0.772748 words
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Article1577 2003-10-27 12 SICOIIFDTOB Oct 23 RU88EI Futures (Ctoang prices) RSS1 (S ceotsAq) Close Volume Open Month High Low Sett (tonnes) Interest Nov 03 249.75 Dec 03 248.75 Jan 04 246.25 Feb 04 246.75 RSS 3 (US cwtsAq) Volume Open Month Hkjh Low Sett (tonnes) Interest Nov 03 143.00 143.00 >43.00 3001,577 words
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Article754 2003-10-27 13 Week ended: Oct 23 WM— m Omm imAtrnm rn Omm O—f *»T"* 6 1050 -OOM NMtodSk OJS 2-140 -0M0 CK C 71 SOB ti 100 OCK 0.71 ***** 4JR CXMMJro 1J3 1400 -00* OUf B« *700 .-X <>«n WnCon» Jk I S4 I f%C -SIM 0«* 0W OOM fjr,754 words
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Article656 2003-10-27 13 BONDS WARRANTS M tut Vat Cam Eur Doc —.■as Cad* Company Sate «or COOP) Katie Price Nig Lrft 3698 AST1W*****1 115 4 1574 i 16 -7 162 8 3697 Acma Ltd W*****6 1.S i**ti 316 1 50 368 7 33 13 3602 Amtek W*****0 132 3 336 1 33 -2656 words
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Page 13 Advertisements
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Advertisement94 2003-10-27 13 18 battle 8 I Retief Goosen ■v IV v—o. Lam Chih Bing f f&k < r _^L j|pg Jesper Parnevik Sorenstam j ■■mi wiwwt hi wi in in i* --r^ay^n^rf- mi icw Trfwirwirihri niar—ir m »>■—» _—i^P IS 16 November 2003 Exclusively on Onee agahi. the Tiger Skins brings 494 words
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WORLD news
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425 2003-10-27 13 LONDON But central banks should keep markets guessing on tactics: study Reuters TRANSPARENT central bank policy on currency intervention can increase the bank's credibility and make the action more effective, according to a study for the Bank for International Settlements. But keeping theReuters - 425 words
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Article, Illustration346 2003-10-27 13 BAGHDAD Reuters US Deputy Defence Secretary Paul Wolfowitz was unhurt when anti-American guerillas blasted the Baghdad hotel where he was staying with a barrage of rockets yesterday. The brazen attack killed a US soldier but a defiant Mr Wolfowitz vowed that the USReuters - 346 words
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Article, Illustration598 2003-10-27 14 NEW YORK SEC investigating how common is market timing practice among funds NYT AN investigation by securities regulators has uncovered widespread improper trading of mutual fund shares at the largest US fund companies and brokerage firms, an official at the Securities and Exchange Commission saidNYT; REUTERS - 598 words
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341 2003-10-27 16 MEXICO CITY Finance ministers will also discuss terrorism and currencies AP FINANCE ministers from 20 nations launched a twoday meeting in Mexico yesterday to look for ways to revitalise the world economy and halt funding for terrorists. Representatives from the Group ofAP - 341 words
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Article, Illustration510 2003-10-27 16 Kremlin conservatives eager to curb his growing influence believed to be behind move Reuters, AP [MOSCOW) Mikhail Khodorkovsky, CEO of Russia's largest oil firm Yukos and the country's richest man, is a techhappy workaholic who has been tipped as a future president of Russia.Reuters,; AP; AFP FILE PHOTO - 510 words
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Article, Illustration570 2003-10-27 16 SAN FRANCISCO AFP ARRESTS of illegal immigrant workers, a spate of supermarket strikes and city bans against its superstores have put a harsh spotlight on the employment policies of Wal-Mart, America's biggest private employer and largest retailing chain. Last week, US federal agentsAFP; AP - 570 words
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Article, Illustration757 2003-10-27 16 Ask for your complimentary copy of The Business Times m weekdays at any F&B outlet at Far East Square, courtesy of DBS (while stocks last). Far East Square has more than 35 food and entertainment outlets including those featured here. Jazz Brewin' 26 China St, #01-02757 words
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Article15 2003-10-27 14 Week ended: Oct 23 for live prices, log on to uivu \asiaonema rketsxom15 words
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Article74 2003-10-27 14 tt-M T* Latt Vol «*Mk LMQwte GrOfc CM* GrVM MM MCac law Co4t Cammmt ittt w- COW m» Lot 8nyr Mhr Cw W l3 9600 89 6065 Diamond* US2060 21» 3750 3740 6095 ISDJU5T«h US3740 6097 ISMSOSpore US555 •4 5 84 5 6101 I5SAP500 US845 890 9650 965074 words
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Article2119 2003-10-27 14 S2-» M Lact Vol Mm* LaA Quote GrOv On GrYM mm MCap Nt» I— Code Cmi Ml *>- fWOt HM» Lo» 8oyr Mir Cw P* tJ 26 7.5 5000 ABR Hldgs Sc 22.5 *1.5 9498 26 21 22 23 434 42 US 2101 APCM5C. 375 -IS ***** 422,119 words
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Article343 2003-10-27 14 S2 M Td Last Vol Woa* LwtQwtt Grt** Wv GftW MM MCjb Cowpwy Sate w- cm MMi I— —rm Safcr CMr Ht V* 116 88 6000 AVJennings A2SC A181 *2 9*9 186 178 179 181 40 8.8 5.5 6.9 3896 6001 OthayPacMc ...HK720 265 2.1 74 6 *****2343 words
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Page 14 Miscellaneous
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Miscellaneous245 2003-10-27 14 CRYPTIC CROSSWORD 9 Animated, being boozed- —-■m— -Lmh—L|hJ— 29 Relaxed, as the Frenchman js /g\ 8 The cheek allows jewel- 23 Container ship (6) 30 in English the true de- ,ery t0 given! 26 Note the ***** content o f scription is "airy" (8) 11 Move with c 3o oo245 words
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Advertisement2102 2003-10-27 15 k1 Ventures Limited (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING ALL MEMBERS ARE CORDIALLY INVITED TO ATTEND the Annual General Meeting of the Company which will be held at Intercontinental Singapore, Ballroom 3 (Level 2), 80 Middle Road, Singapore *****6 on Tuesday, 18 November 2003 at2,102 words
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Advertisement2353 2003-10-27 15 Notices y stems AXIS SYSTEMS HOLDINGS LIMITED (Incorporated in Bermuda) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of AXIS SYSTEMS HOLDINGS LIMITED will be held at The Executives' Club, 65 Chulia Street, OCBC Centre #33-01, Singapore *****3 on the 12th day of November2,353 words
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Advertisement982 2003-10-27 15 IN THi: MATTER OF IKK COMPANIES ACT. CAP 50 AND IN THi: maiti:r or PAOON IVIhRNAIIONAI Pit I.TO UN MIMBI RS' VOLUNTARY WINDING-CP) Al an hMraordiiMr> General Meeting of (he members of the ahmemcntmned Company deemed to he held al I Sophia Road #<>4-07 Peace Centre Singapore *****9 on 2?982 words
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Page 16 Advertisements
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Advertisement174 2003-10-27 16 MGSM6O73/B THE No. 1 MBA PROGRAMME IN ASIA AUSTRALIA* x X The lecturers at MGSM often combine their commitment to teaching Asia and Australia's No. 1 MBA programme' with consulting roles in the JV/TWiJIV/l business world. They really know their subjects because they deal with macquarie them every day of174 words
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Page 17 Advertisements
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Advertisement398 2003-10-27 17 SMS Server System Now, we have a range of sendQutck SMS Servers to suit your needs With Appliance Server Enterprise Server ME Alert Server sendQutck, you can have 2-way SMS Appliance Servers ar entry leva Efflerprae Server is suitable tor medwm Designed for B* MIS department ME Alert with all398 words
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BizIT
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Article279 2003-10-27 17 It may bypass Wall St by selling shares in a massive online auction AFP [WASHINGTON] Google, the search engine started by two students that has become one of the hottest Internet properties, is considering taking the privately held firm public in an electronic offering. The WallAFP - 279 words
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165 2003-10-27 17 Xinhua [LOS ANGELES] US chipmakers Intel and Advanced Micro Devices (AMD) are cutting desktop chip prices to usher in the holiday com-puter-buying season, CNet reported. Intel was scheduled to reduce the cost of its Pentium 4 desktop chips by 7-35 per centXinhua - 165 words
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Article120 2003-10-27 17 Bloomberg [NEW YORK] Western Digital Corp, which makes hard disk drives, is hiring employees such as product managers and engineers as demand recovers, Western Digital's chairman and CEO Matthew MassengiU said. "For the first time in a long time, we expect to see two years inBloomberg - 120 words
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IT TAKES
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Article53 2003-10-27 17 THE Infocomm Development Authority of Singapore (IDA) and Microsoft Singapore have launched the IDA-Microsoft BackPack.NET initiative. The five-year scheme will drive R&D, testing and showcasing of innovative infocomm technologies in the education sector. IDA, Microsoft, industry partners and participating schools will invest up to $20 million53 words
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Article, Illustration45 2003-10-27 17 DIGEMASTER has released its latest digital camera. The Mouse 610 costs $275, offers a 6.6 megapixel resolution (achieved by using the latest interpolation technology), 1 weighs 100 grams, offers a 4x digital zoom, and a PC Webcamera function. For details, fax *****770.45 words
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Article53 2003-10-27 17 DELL Computer has unveiled its new "hyper-threading technology" based Inspiron notebook line with the Inspiron 5150. The system will let users do more tasks In less time. Dell said. The Inspiron 5150 runs on Intel's Mobile Pentium 4 processor at 3.20 GHz. Prices start from $3,326. For53 words
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Article, Illustration64 2003-10-27 17 NEC Solutions Asia-Pacific has introduced its new projector. The WT6OO costs $10,500 and utilises NEC's lens-less mirror design to attain the shortest throw distance of any front projector, NEC said. It can project a 40 inch image at a 2.5 inch distance from the screen, and64 words
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Article, Illustration78 2003-10-27 17 Amit Roy Choudhury - Compiled by Amit Roy Choudhury FUJI Xerox Printers has introduced its newest laser printer models with threemonochrome printers (Phaser 3115, Phaser 3120, Phaser 3130) and a colour printer (Phaser 6250, left). The monochrome printers offer a first-Daee-out timp of below 12 seconds. They cost between78 words
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172 2003-10-27 17 Reuters [BRUSSELS] Making evidence of cybercrime stand up in court should be easier after the European Commission released guidelines at www.ctose.org on how to investigate computer viruses, website hacking and online credit card fraud. Just like physical evidence, any e-evidence of online crime containedReuters - 172 words
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181 2003-10-27 17 Chen Huifen - By Chen Huifen EXABYTE Singapore is launching an automatic backup system that it hopes will drive its Asia revenues from the current US$BOO,OOO to more than US$l.6 million in the next 12 months. Built for server data storage, the VXA-2 Packet Loader181 words
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Article, Illustration854 2003-10-27 18 Raju Chellam - Silicon wafer sales are set to rise 10% by this year-end and 15% next year globally. This should be good news for S'pore, says Raju Chellam Raju Chellam LAST fortnight, chip leader Intel Corp and other semiconductor companies led the way, announcing better-than-ex-pected Q3854 words
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377 2003-10-27 18 Amit Roy Choudhury - The average US$1b corporation generates 88m sheets of paper a yean Lexmark By Amit Roy Choudhury rUOK management of electronic and hardcopy documents is not only slowing the pace of business globally but is also impacting customer services and significantly increasing corporate costs, according377 words
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Page 18 Advertisements
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SHIPPING TIMES
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Article261 2003-10-27 19 Contributed by Simpson Spence Young THE dry bulk market continues to flourish with the obvious upward pressure on prices. BULK CARRIEB& Grain Union: 66,837 tdw bit 1/86 CSBC reported sold region U559,650,000 to undisclosed buyers. Mariman: 37,049 tdw bit 6/86 Hyundai crs 5/33 ts reported sold region U558,200,000Contributed by Simpson Spence & Young - 261 words
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Article303 2003-10-27 19 SGX '000 Oct 23 SS *t- Vol CH Offshore 0 40 -0.01 4787 ChuanHup 051 -0.01 6205 Cosco investment .0.64 urxti ***** CWT Distribution 0 60 -001 172 Ezra Hldgt 108 -004 1198 FreWttUnkj .0.13 -0.01 6123 G8 Holdings 0.72 -0.03 50 ImHoMngi 0.86 0.02 5993 K1 Venture—303 words
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Article, Illustration614 2003-10-27 19 Beth Jinks - Its 60%-owned company in deal to transfer assets to Yemeni govt By Beth Jinks [SINGAPORE] PSA Corporation has reportedly finally bowed out of its once booming Aden Container Terminal (ACT), handing the expensive assets back to the Yemeni Government 12 months afterFILE PHOTO - 614 words
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Article, Illustration497 2003-10-27 19 Canberra vows fiasco will never be repeated AFP [CANBERRA] Australia finally closed an embarrassing and politically damaging saga over 52,000 stranded sheep on a so-called "ship of death", announcing that they had been accepted by Eritrea. Livestock trucks last week began their thirdAFP; AP - 497 words
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425 2003-10-27 19 Donald Urqahart - Russia also rebukes EU for its bilateral deal initiative By Donald Urqahart {SINGAPORE] International Maritime Organisation (IMO) Secretary-General William O'Neil has blasted the European Union (EU) for pushing ahead with its controversial single-hull oil tanker regulations before the issue has finished being aired425 words
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Article, Illustration685 2003-10-27 20 David Hughes - LINER SCENE By David Hughes THE container shipping lines are starting to enjoy a period of higher freight rates and the pundits are predicting this happy state of affairs could easily last as long as two years. Of course the realAFP - 685 words
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SHIPS IN PORT
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Article599 2003-10-27 27 Vessel Voy No Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL BUXSUND 05NA J24/25 A/SIDE 27/10 1200 DAXIN SN075 J18/19 A/SIDE 27/10 0300 INVINCIBLE ***** J4/5 A/SIDE 27/10 2300 STAR CHASER 001N J8 A/SIDE 27/10 2300 ZIM CANADA 46W J17/18 A/SIDE 27/10 0300 ATRIA JB1017 J2 27/10 0930 27/10 2000599 words
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Article146 2003-10-27 27 Oct 27 Brunei: Awal Ramadhan New Zealand: Labour Day. Oct 31 Germany: Reformation Day. Taiwan:Chiang Kai-shek's Day Nov 1 Philippines: Saint Day. Nov 3 Japan: Culture Day. Nov 25 Singapore: Hari Raya Puasa. Malaysia: Hari Raya Puasa. Dec 5 Thailand: King's Birthday. Dec 10 Thailand:Constitution Day. Dec 23146 words
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Article840 2003-10-27 27 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average sized stem Market movements are indicated. The Cockett Bunker Price Index change and840 words
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Article79 2003-10-27 27 U/F-wrftttaraMa TNi rtporl h km 4 on untptai M toy WV PttrMMfli SmfcM MM Is M ifeftrict from thatr mon —taH*« two! aualHy statistics which It maHaS to part tctpatlnq sltlpownarv bvnfcar ktcft In bffrtty. hts boon mod* with Mm International Specification Umlts puMsfrsi by Csmall79 words
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AIR & LAND transport
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Article, Illustration498 2003-10-27 28 ASIA-PACIFIC AIRLINES MEETING Plane maker on track to deliver 300 jets this year Reuters [CHEJU, South KoreaJ European plane maker Airbus SAS believes its planned A3BO superjumbo will be the key to breaking into Japan's airline market, a top Airbus executiveReuters; AP - 498 words
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177 2003-10-27 28 Bloomberg [CHEJU, South Korea] Japan Airlines, Korean Air and other Asian carriers carried 8.8 million passengers last month, 2.5 per cent fewer than a year ago, the Association of Asia Pacific Airlines said in a statement. The association's 17 members filled 72.9 per centBloomberg - 177 words
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Article, Illustration393 2003-10-27 28 Reuters [LONDON] British Airways (BA) chief executive Rod Eddington said on Friday economy travel will remain airlines' focus and keep revenues under pressure, hours before the last commercial flight of BA's costly supersonic Concorde. "A very sad day in many ways,Reuters - 393 words
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115 2003-10-27 28 AP [HONG KONG] Express delivery company FedEx Corp said it will launch six weekly direct flights from Hong Kong to Paris later this month. The new service, starting tomorrow, will be an extension of existing flights from the Philippine city of Subic Bay to HongAP - 115 words
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Article164 2003-10-27 28 Bloomberg [CHEJU, South Korea] China Airlines, Taiwan's largest carrier, said it expects to post a full-year profit of more than US$3O million, recovering from a first-half loss after the Sars outbreak, because of an increase in cargo shipments. The airline reported a first-half loss ofBloomberg - 164 words
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Article108 2003-10-27 28 Reuters [CHEJU, South Korea] Cathay Pacific Airways, Hong Kong's main carrier, said it would be difficult to push up average fares as it tries to boost travel in the wake of the Sars outbreak. "We were doing quite a lot of promotions stimulating demand," directorReuters - 108 words
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LOG Book
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78 2003-10-27 28 Oana-Xinhua [SEOUL] Asiana Airlines said it would launch a new air route today linking Incheon directly with Auckland, New Zealand. The carrier will operate a 8777-200 jet on the route four times a week: Monday, Wednesday, Friday and Sunday. The flight, which is expected toOana-Xinhua - 78 words
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54 2003-10-27 28 Reuters [LONDON] Nearly 1,000 support staff at Heathrow, the world's busiest international airport, are to stage a 48-hour strike next month over pay, Britain's TGWU union said. The union said the strike by Swissport staff, who handle baggage and perform check-in duties, would startReuters - 54 words
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Article66 2003-10-27 28 Reuters [CHICAGO]- America West Airlines said it has reached a tentative agreement on a new three-year contract with the union representing its 1,700 pilots. The deal is subject to a ratification vote by members of the Air Line Pilots Association. The vote will begin aroundReuters - 66 words
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Article74 2003-10-27 28 Reuters [CHICAGO] Mesa Air Group Inc said it remains committed to a merger with Atlantic Coast Airlines Holding Inc even though Atlantic has rejected an offer made earlier this month. "We are disappointed the management and board of directors of Atlantic Coast have chosen toReuters - 74 words
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331 2003-10-27 28 Surge largely due to more demand from China for air services to HK AFP (HONG KONG) Air traffic at Hong Kong's international airport has recovered and is higher than levels seen before the devastation of the Sars outbreak earlier this year, theAFP - 331 words
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236 2003-10-27 28 Xinhua [SHANGHAI) The Shanghai Aerospace Industry Corporation will be able to produce 13 sets of level tail assemblies for new-generation Boeing 737s every month as of October. Ken Yata, deputy president of Boeing China Company, said Chinese aerospace manufacturing enterprises haveXinhua - 236 words
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135 2003-10-27 28 Bloomberg [TOKYOJ Japan and South Korea will start "shuttle" flights between Tokyo and Seoul using airports closer to the centres of the countries' capitals. The Japanese and Korean governments agreed to allow as many as four flights a day from Nov 30 betweenBloomberg - 135 words
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Article398 2003-10-27 28 unt2 1845 5C346 2355 AIRLINE COOiS V Amenan Artnes (AM.) Ar Fttna (API) Al At Into (AtC). AY Ftwm Oy (FH) AZ AMtla Arknes (AZA) BA Bntsti Amtnys PMc UJ Co iBAWI SG Bmjr Brnglidesti Awes (BBC) Bl Roy* Brunei Arms Sdn Bhd iRBA) BO Banq398 words
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Page 19 Advertisements
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Advertisement15 2003-10-27 19 A3BO seen as key to Japan market HK air traffic exceeding pre-Sars level BACK PAGE15 words
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Advertisement96 2003-10-27 19 NX 'Snlfei l Thelounch of our inaugural ship -GeniWJohor P {9 martcs a turning point in our business course, increasing our fleet strength to three. vmßk ln ne wtth our undivided commitment and focus to excellence, we've integrated our new vessel services into the containerised trade route connecting the Straits96 words
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Advertisement778 2003-10-27 20 I TO USA/CANADA j I EXPORT I I OTHER DESTINATIONS 1 vcsa Ivor IWG imSW|UiMGKK)<|omAS|HOUSTO<<|MB»PHB|o«a>CO|IKWTO»« II jj TO AUSTRALIA (AUSTRALIA ASIA EXPRESS) OOdOONA 44E44 21/10 24/10 14/11 11/11 21/11 14/11 14/11 22/11 YISSEL VOT* EIA SIN S HE INC 1 STB I MCI A»~ noNBXiOYDSTUYVBANT 20H5 04/11 05/11 21/11 2VII778 words
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Advertisement533 2003-10-27 20 Sngopore shaping Asiocigtion Assoc,ohon CONTAINERS/ CONVENTIONAL CARGO X kV-V^ftOl POtT KUNG/SMGtfOK/JMAIU I lAMGXOC MN IBM. mON KUMALE CrlmTN- IJh lIN3 »I 0 «t/ll Mil Maid Star MSA 89/11 (fell IS/11 1.1 L> MAKINK SERVICES SIM.APORK rWw «U4 TMUMMi Uv 8147N( St ANi HART At.KM IKS SDN BHD E t TRAVSUMMI533 words
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Advertisement1349 2003-10-27 21 TO EUROPE FROM EUROPE vtssa Ivors- en m w hmiix sou uh vtssa |wr ri wtv sou i» sw I MOl PROMISE OilWl4/10 07/11 09/11 14/11 15/11 HTWPMGB«M 344E 04/10 04/10 09/10 02/10 25/10 HYUBERTY 3I«W 27/10 14/11 H/11 18/11 12/11 m WOMBS 0091 07/1° 109/10 11/10 12/10 */10 tncim*1,349 words
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Advertisement1905 2003-10-27 21 CONTAINERISED SERVICE TO SOIfTN PACIFIC ISLAND OF GBKIAIAGBfTSMSMGAfOH: 10 tOMBON It #17-00 SAUS/MGS lU; M7OSIS7/43 HUt 41M5311/14 I SUVA LAUTOKA (FLN) rACTAD CHIPPING PTE LTD MMAWMOIMM OUTWAMM/U MTOSM? MJWM/75 I a Mfc U*****0000* 1,00 !/Hr» /01 JSSS SSStiZ PAPEETE (TAHITI) JOHOTSOFFW; (ONVMTKMU 6470H50 *****70* I COSTM AOOIOtS IN) SOW IMP1,905 words
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Advertisement503 2003-10-27 21 vtssa jh hig khh hk rrw ws vcsb. my sin jkt sot hig usw rus w( mmxi O&7S 79/10 1/11 4/11 7/11 10/1111/11 11/11 mCSINGATOtt 314S 27/10 30/10 31/10 4/11 9/11 10/11 14/11 HYWOOAIYIADWOSTOT 132S S/ll «/ll 13/11 14/11 17/1119/11 19/11 mTCJAKAHIA 315S 2/11 S/ll 4/11 12/11 15/11 14/11 22/11503 words
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Advertisement796 2003-10-27 22 ©n CI mi A C ENOUIRIES/BOOKINOS: *****344 FAX: ******33 E MAIL: <MmMClMmM.com.aQ U C L.IYI /AO OOCUMENTATIOMS/OPCRATIONS: *****637 FAX: *****177 MMimMKitmn amss tomum sama ro sontn/wbt AflbcjT [vcsa VQT SW ItUNION LUANDA POMIH NOME MATAM UMEVIUi ABIDJAN TtMA LOMI TINCAN COTOHOU AfAfA DOUAIA OMNI U 3MW 31/10 11/11 M/ 12796 words
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Advertisement1520 2003-10-27 22 WAN HAi MTBINATKNAL PIE LTD ani«ws*wooo/» V TIL ***** SIS (H IMS) FAX *****163 VVUWAN HAI LINES zzzesssssssssl-. mmm wanhai com la n«:|RI)S»4Mi»«n)S2MmM«:nMM/nUM HftTUVf 8 ttnn»ni4isymiftun»i)4ii«re>i«T*w fWWWCBW IB IK IWY K TTO TOi IWS IMO TBI kmssrvi —tttctl hnr ~7nr "jnrrr "517T1 m —K/n Mmnu733 mji ji/io n/» mo nn/io1,520 words
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Advertisement586 2003-10-27 22 BSA x MYANMA HEB FIVE STAR LINE (Myoraar N«tio#«l Um) lo«H for Yw««i vissa vor sm pu pin pgu PAGAN 306W SU) HPA-AN 307W SU> IN MALAYSIA: IOUSTUD SHIPPING AGCNCKS KUL 03 *****300 PU: 03-31 MM P€N: 04-2****** BANK LINE (A stfvke of A*4r«w Wtk Shippw;) NORTHBOUND TO EUROPE V586 words
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Advertisement1481 2003-10-27 23 iMpragM [VESSEL VOY KHH HKO I SIN I PKI I DXI »A» DMM BIX CAPt FRIO PCL 8009 SKIP SKIP 05/11 04/11 IS/11 16 11 22/11 24/11 IRANLOftiSTAN PCL 8010 SKIP SKIP Ot/11 07/11 IS/11 19/11 25/11 27/11 IRAN HORMOZGAN PCL 337 11/11 12/11 15/11 16/11 23/11 24/11 30/11 02/121,481 words
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Advertisement650 2003-10-27 23 UK CONTINENT SERVICE Loading for GOKCAN RTM/ATW/BMN/UK/NAN Loads E-/W Mateysa. Indonesia MIDDLE-EAST SERVICE Loading (or DORIAN STAR DBI/ABU/DOH/BRN/DM M/KWT MARAKOT NAREE DBI/ABU/DOH/BRN/DMM/KWT J FRIEND JDH/AQA 'Loads Singapore. EVVV Malaysia. Indonesa USA SERVICE Loading for NENA J VCW/LAX/MZL SEABEE CAM/NFK/SAV/NOL 'Loads EVW Malaysia. Indonesia F.E./S.E.A. SERVICES S pore Loading for POSC650 words
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Advertisement1162 2003-10-27 23 j®sß m m m ybm MI ntUMU 1043K 23/10 >4/10 fMSWJ E1422 23/10 IS/10 fXMMM !044* 25/10 >4/10 1142 M/lfl 71/18 PAC IANDt IMSM 27/10 27/10 W UIU £1021 M/lfl 01/11 TAOAMPA 1044# 21/10 20/10 AUMMTA2 ZZI 02/11 04/11 -EBUMB6 IMZM 25/15 2SZIQ H^^^BTFnVTTnTTmVH^BI PAC RAHOA 06<M 30/10 31. 101,162 words
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Advertisement630 2003-10-27 24 raatrc mwilmi'ii witi'flil neasHAiK iton TB 2Vio 040t/ii 1112/11 I neasxY mN 0102/11 o/00/n isit/u I TKBStt 130 M 04-05/11 1113/11 int/11 I HGfl BRIDGE 131N 00-09/11 14-15/11 22 23/11 I CAl^^Sl^l "ttiS TIT 26"277T0 oToTn 1011/11 I JIALSAM 143 27 27/10 o*ot/ll IHS/11 I nttISWIT 07* 03-03/11 01-10/11 19-19/11630 words
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Advertisement1150 2003-10-27 24 FREIGHT LINKS EXPRESS PTfcLTD* 51 Penjuru Road, 3 Level, Freight Links Express Logisticentre, Singapore *****3 E-mail: flesin@sinqnet.com.sq LCL SERVICE TO JAPAN/INDONESIA/PHILIPPINES OSAKA KOBE CEBU JAKARTA YOKOHAMA NAGOYA SURABAYA MANILA Booking 6267# 5565/4694/5535/5580/5541/5508/5569/5560/5563/5514 PROJECT HEAVY LI FT CARGO (CONVENTIONAL RORO) JjtfP Lawrence Lim 6267 5555, H/P: 9749 1977 lawrence@flesin.com.sg Adrian Chia1,150 words
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Advertisement1541 2003-10-27 24 fb IPDZ LINES /#Mm FM;M-*n;-«m mtMlmm SMGAPOKb TONC JOO SMPfING m LTD (a* kc.fc-r S, RESULAK CONTAINERISED SERYKES TO MALAYSIA, BRVNII, MYANMA! AND VIETNAM rem ror mw tea nsm ror mn bm mm wr mm ma mm m tuna mmju OUmaOASI "ii/T 01/11 GMMWC M 3* "oi/Tl~ 01/11 OG.CMUm 3WI1,541 words
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Advertisement17 2003-10-27 25 S» Need a fast efficient service for BATAM? leok for Synergy Shinning Pte Ltd en nage 6.17 words
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Advertisement15 2003-10-27 25 Looking for \tfeekly Sailing to Balikpapan, Indonesia? Turn to Page 4, LIA/E FAST Pu Ltd.15 words
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Page 27 Miscellaneous
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Miscellaneous128 2003-10-27 27 f r< f REGIONAL WEATHER B FOR 7AM 27 Oct 2003 art. Issued by Meteorological Service Division,NEA LEGEND: Thunderstorm Wind speed symbols Showers Fu circle w/o ,ine indicates calm or light and variable winds Rain One half fleche represents 5 knots Cloudy Day -One full fleche represents 10 knots Hazy128 words
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