The Business Times, 3 May 2004
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2004-05-03
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The Business Times
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Title Section13 2004-05-03 1 MITAJRIA2£ffi£Z2OO4 850 THE BUSINESS TIMES SINGAPORE Internet: http://business-times.asial .com.sg MONDAY, MAY 3, 200413 words
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Article, Illustration697 2004-05-03 1 Vince Chong - BT exclusive Major hurdles remain, but move could help revitalise Orchard Road By Vince Chong [SINGAPORE] If hotelier Ong Beng Seng gets his way, the Hilton hotel and Forum shopping centre will be torn down and redeveloped into an integrated mega hotelFILE PHOTO - 697 words
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Article62 2004-05-03 1 Week Change STI *****3 -25.61 KLSECOMP 838.21 -37.29 NIKKEI 225 *****.79 -358.87 HANG SENG ._..l 1942.96 -440.98 SET INDEX 648.15 -33.73 JAKARTA COMP ...783.41 -32.03 MANILA COMP ...1555.01 -34.39 TAIPEI WPI 6117.81 -630.29 SEOUL COMP 862.84 -73.22 SHENZHEN B 261.31 -23.63 AUSTALLORD .3407.70 -54.20 DOW JONES *****.57 -247.27 NASDAQ62 words
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Article74 2004-05-03 1 FOREX RATES U8$ 8$ I'SS (SS per l.'SS) 1.705 £(USS/SS per S).... 1.768 3.013 El'RO(USS/SS/E). 1.194 2.035 YEN 110.5™ 64.80 RM 3.800 2.229 HKS 7.800 4.575 BAHT 40.03 23.48 RITIAH 8,710 5,109 RENMINBI 8.277 4.855 INDIAN RUPEE 44.39 26.04 AS 1.391 0.816 NZS 1.608 0.943 PRIME RATES. SINGAPORE 5.2574 words
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696 2004-05-03 1 Siow Li Sen - It has been busily recruiting people, renting more office space By Siow Li Sen [SINGAPORE] Investment bank Barclays Capital is growing and growing in Singapore. Not only has it been raiding rivals to poach their people and thus been accused of jacking696 words
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Article, Illustration598 2004-05-03 1 Chen Huifen - By Chen Huifen [SINGAPORE] The venture capital industry in Singapore is suffering from a gap at the seed-funding level, as most venture capitalists and private equity firms tend to invest in more established companies. Nanyang Technological University president Su Guanning thinks it is because thereARTHUR LEE - 598 words
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Page 1 Advertisements
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Advertisement20 2004-05-03 1 UOB beats DBS It has overtaken DBS to become S'pore's biggest banking group pV by market value. pg4 r:t v20 words
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Article, Illustration655 2004-05-03 2 Economists expect Fed to alter statement wording in three key areas AFP [WASHINGTON] US Federal Reserve policymakers, pondering a hotter economy and early price pressures, must brace the world for a U-turn on three years of rate cuts, analysts said. Action is unlikelyAFP; REUTERS - 655 words
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Article, Illustration680 2004-05-03 2 Anna Teo - Productivity determines GDP per capita, not size of labour and capital markets By Anna Teo [SINGAPORE] It's all due to, in a word, productivity, says a McKinsey study on why rich countries become richer, and others get poorer. And government policies thatREUTERS - 680 words
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464 2004-05-03 2 AP [TOKYO] As Japan's economy sees a glimmer of light after more than a decade in the dungeon, growing ranks of analysts and economists say the country's stock market is lined up to become something it hasn't been in years: a place toAP - 464 words
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Page 2 Advertisements
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Advertisement121 2004-05-03 2 jra^UNIVERSnY i Jl Bachelor of Business jL Degrees in fjl Marketing Wm Human Resource Mgmt v mm mm Management mSfv&S *J&BBi Singapore 25th Intake Full and Part-time Programs available! Member of ACU (Association of Commonwealth Universities) and AVCC (Australian Vice-Chancellors' Committee) 1 of only 6 members of the Innovative Research121 words
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Page 3 Advertisements
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Advertisement83 2004-05-03 3 Covering the planet with IP solutions. L i|' V --v MCl's global IP network is at the heart ot our ability to provide a full range of communications solutions, from the simplest transport to the most sophisticated networking. Our services have the power to simplify, secure and transform your business83 words
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SINGAPORE companies
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1139 2004-05-03 4 Teh Hooi Ling - UOB's market value hits $21.53b while DBS's falls to $21.31b By Teh Hooi Ling WEE Cho Yaw now heads the biggest banking group in Singapore, if not Southeast Asia. In The Business Times's latest ranking of the listed companies by market1,139 words
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702 2004-05-03 4 r sivanithy - HOCK lock siew r sivanithy aoi—<ll jtim—rdays for companies to be told they should invest in good corporate governance. The idea is simple—be honest and transparent in your disclosures to the market, treat your shareholders right, and over time you should be rewarded702 words
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Article, Illustration839 2004-05-03 4 Raju Chellam - BT exclusive It's setting up IT infrastructure facility, offering e-business services By Raju Chellam IN a unique deal to help large enterprises in the region keep their corporate data secure, IBM Corp says it will invest $39 million to set up an839 words
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Article, Illustration548 2004-05-03 5 Vince Chong - BT exclusive It beats 13 others in tight race for mandate to manage 134-room property By Vince Chong FRASER Serviced Residences has expanded its European footprint by winning a tightly contested contract to manage a 134room property in the upmarket business district of La548 words
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572 2004-05-03 5 THE sterling first quarter results of DBS Group on Friday won over a few analysts, and led them to upgrade the stock. OCBC Investment Research has raised its recommendation to "outperform" with a price target of $16. Phillip Securities is more aggressive, setting572 words
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Article, Illustration73 2004-05-03 5 ANNUAL reports are getting glossier by the year. The cover for the latest annual report ofTeck Wah Industrial may well be passed off as a Chinese comic book as the printing and packaging group attempts to showcase its latest online interactive products based on73 words
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Advertisement94 2004-05-03 4 JAPANESE CONTEMPORARY ART Exclusive Opening 4th May 2004. Tuesday. 7pm Singapore Tyler Print Institute 41 Robertson Quay *****36 MFI T UfcJ By Invitation Only H Dress Code: Lounge Suit W T* r x Ay RSVP/Enquiries: J-nJ —-ijir 6226 2605 (Kenneth) or fJT I™ utterlyart@pacrfic.net.sg 1 1 T S Guest of94 words
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Advertisement18 2004-05-03 4 Place your AGM and EGM notices in our newspapers. lyj rrT#^l7C Call 1800 289 8822 or email notices@sph.com.sg.18 words
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Advertisement6 2004-05-03 4 Swiss Private Banking since 1841 j6 words
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Page 5 Advertisements
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Advertisement110 2004-05-03 5 We welcome our brand ambassadors from around the world to Singapore the home of Tiger Balm. Australia Bahrain Belgium Canada China Finland France Germany Holland I Hong Kong Hungary Indonesia India Israel Japan Kuwait Malaysia Norway Oman Philippines Singapore Slovenia Switzerland Taiwan United Arab Emirates United Kingdom United States of110 words
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Advertisement92 2004-05-03 5 -<^®s^SSfiSSBSSSSS^"""""^S222S6SBfiBte^ 1 ijC n IT'S ALL ABOUT NEW LEVELS OF COMFORT. j IB n Whether you're relaxing, working or sleeping, your comfort is our priority. The new Qamas •<■ ir• o 'opges; Business Class bed in the sky and, with an in-built back massager and a -1 evtens ve range92 words
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Article2015 2004-05-03 6 Payment E« Cooks Pay Ictel date d—e inn Action Asia 10c b 1.2TE 13 May 18 May 31 May Agva Corp l/SI Jc F USO 731A 07 May 1? May 21 May A«igreen50c F 3 SO MApT 04May~ 79May Allied Tech Sc b 049N 28_Ap> 03 May 172,015 words
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Article, Illustration1757 2004-05-03 6 Number FORECAST Median Price fl l ""■V' *the r«o£ C0MPANV Mn»t2 (JHtoS mendations submitted by analysts following the stock. There is a total of 29 brokers submitting recommendations but not 1 0.06 21.45 u? every stock is followed by all the 29 brokers. Their recom- CSE Global Lid1,757 words
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SINGAPORE markets
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Article, Illustration793 2004-05-03 6 r. sivanithy - BT comment STOCKS r. sivanithy IN a nutshell, trading this week hinges on the answers to three related questions. First, what will happen to the Straits Times Index after the play on banks is over? Second, can the market overcome its fears over the793 words
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Article54 2004-05-03 6 Events Investors can watch out for Europtronlc's Bonus Issue, ex-date, May 4 China Aviation's Bonus Issus, ox-dato, May 5 IMt Wing's Bonus Issue, ox-dato, May 6 Jack's Int'l's divtdond paymont, May 4 Horsing Corps dlvldond paymont, May 5 Straits Trading's dlvldond paymont, May 5 Startoch, EMU, May 554 words
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428 2004-05-03 6 AFP [HONG KONG] Asian units slumped over the past week after concerns that China's economy was overheating and as markets continued to watch for a US interest rate rise. In Thailand, clashes between militants and security forces in the south pushed the baht down aroundAFP - 428 words
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Article, Illustration1026 2004-05-03 7 ten hooi ling - BT portfolio STOCKS ten hooi ling THE differential in the performance of blue chips versus that of the rest of the market is becoming more pronounced. And this is reflected in the relative resilience of the Straits Times Index which recovered much of1,026 words
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Article, Illustration1092 2004-05-03 7 ROBERT HALILI - INSIDE MARKETS Number of purchases beats sales nearly 4 to 1 but buy value totals $2.4m versus $31m sales. ROBERT HALILI reports ROBERT HALILI THE insider sentiment ended on a> positive note last month with buyers outweighing sellers in almost every1,092 words
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Article, Illustration339 2004-05-03 7 R Sivanithy - HOT STOCK WARRANT By R Sivanithy WHEN DBS Bank on Friday rocketed 70 cents or 5 per cent to $14.30, few observers might have noticed that the covered call warrant which offers buyers a massive 13 times gearing barely twitched, risingSource: Bloomberg - 339 words
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SINGAPORE news
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Article, Illustration547 2004-05-03 8 Ven Sreenivasan - But investment bank warns of possible contagion effect from region By Ven Sreenivasan [SINGAPORE] Singapore remains one of the least risky emerging markets, but it can't afford to be complacent, according to a report by Lehman Brothers. In the first-quarter 2004 update ofBLOOMBERG - 547 words
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619 2004-05-03 8 Aussie deal is latest attempt to grow beyond domestic market AFP SINGAPORE Inc's multi-billion-dollar acquisition of a power company in Australia last week was another significant step in its campaign to build a regional empire away from the limits of a tiny homeAFP - 619 words
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Advertisement149 2004-05-03 9 jHIDK Call tod-free 1800 289 8822 aotkMespfccomq; Design Development Atelier International Re Ltd (In Creditors' Voluntary Liquidation) NOTICE IS HEREBY GIVEN PURSUANT TO SECTION 308 OF THE COMPANIES ACT CAP. 50 THAT A FINAL GENERAL MEETING OF THE COMPANY AND CREDITORS WILL BE HELD ON THE 31 ST DAY OF149 words
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Advertisement35 2004-05-03 9 W House Of Thai Restaurant W 13, Purvis St (S) *****2 J Tel: *****198 Fax: 6336 1986 1 J Daily business hours: 11.30axn-3pm/6pm-l 0.30pm y Service Charge And No GST Also Available For Vegetarian Menojyjj35 words
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Advertisement129 2004-05-03 9 Recruit from a wider audience Call 1800 289 8822 or email reauH@sph.com.sg for your recruitment solutions BPTSBWIfffS Companies can nominate themselves for the 2004 Enterprise awards by completing the official nomination form. Companies must be home-grown, privately-owned and incorporated under Singapore's Companies Act (1994 M Revised Edition), with three years129 words
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Page 9 Miscellaneous
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Miscellaneous316 2004-05-03 9 CRYPTIC CROSSWORD ACROSS Coins it in no time for ar--1 They may rise to the occa- fi [f" 9Jt sion? (6 8) 00 German runner 9 Extend path in northern hill 0 (7) 7 People opposed to prison 10 Church circle goes cold on sentenees have a tight elections (7)316 words
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REGIONAL news
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217 2004-05-03 9 BANGALORE Reuters Indian software services exporter Wipro Ltd and International Business Machines Corp have won a long-term outsourcing deal worth US$l billion from Anglo-Dutch oil giant Royal Dutch/Shell, The Economic Times daily reported on Saturday. A spokesman for Wipro, India's third-biggest softwareReuters - 217 words
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NOTEBook
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94 2004-05-03 9 AFP [MUNICH] German technology giant Siemens is poised to sign a deal with China which will allow it to sell its mobile phones throughout the country, the Frankfurter Allgemeine Zeitung newspaper reported in its Sunday edition. The newspaper said Siemens will sign a contractAFP - 94 words
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Article155 2004-05-03 9 Bloomberg [BANGKOK] General Motors Corp, Honda Motor Co and other carmakers in Thailand exported 43 per cent more vehicles in the first quarter on rising demand in Australia and South-east Asia. Overseas sales of pickup trucks, sedan cars and other vehicles in theBloomberg - 155 words
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108 2004-05-03 9 AFP [SEOUL] Hutchison Whampoa, Hong Kong's largest business group, is pushing to buy about US$l billion worth of mobile phones from South Korea's LG Electronics, reports said yesterday. Hutchison chairman Li Ka-Shing disclosed the purchase plan to South Korean Finance and Economy Minister LeeAFP - 108 words
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499 2004-05-03 9 KUALA LUMPUR He also advises: don't sell ailing Lotus group unless it's bleeding badly AFP MALAYSIA'S status as an auto manufacturer is in jeopardy if national car firm Proton is surrendered to foreign control, Proton adviser and ex-premier Mahathir Mohamad warned inAFP - 499 words
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Article, Illustration620 2004-05-03 9 MANILA Business community throws support behind president AFP THE Philippines votes next week in a presidential election pitting incumbent Gloria Arroyo, a key Asian ally of the United States, against the country's most famous film star, Fernando Poe. The latest opinionAFP; AP - 620 words
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328 2004-05-03 10 HONG KONG Reuters SHANGHAI Mayor Han Zheng expects the city's property prices to rise at a slower pace this year after surging more than 20 per cent in 2003, the South China Morning Post reported on Saturday. "In my personal opinion, the rise in propertyReuters - 328 words
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Article, Illustration631 2004-05-03 10 NEW DELHI Exit surveys indicate race is getting tighter than expected AFP JUST one month ago, it seemed nothing could go wrong for India with economic growth rocketing and Prime Minister Atal Behari Vajpayee's reformminded government looking like a shoo-in for reelection. Now, all betsAFP; AP - 631 words
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Article, Illustration717 2004-05-03 10 SINGAPORE Nervousness on regional stock markets seen as an over-reaction AFP CHINA'S efforts to rein in its high-flying economy could slow down Asia's economic growth momentum but fears that they would spark another Asian financial crisis or a recession are unfounded, economistsAFP - 717 words
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Page 10 Advertisements
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Advertisement76 2004-05-03 10 ///<■ Marina lii\tr<>'\ \asi pi'onmtitm... r ...has sonic irresistible treats in store tor >ou. A sampling of the delights available includes beef rcndang. mutton curry, samhal petai, sambal goreng and sayur lodeh. Ik f +> I mL lwm s* **VV %t From SM.50 Axailablc weekdays for lunch. Promotion 011 (ill76 words
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Advertisement33 2004-05-03 10 operation hours 1200hrs to 1430hrs 18 00 hr s to 2300hrs for dining reservation tel 6333 1 788 email ran9mahaiohind.com.sg The Pan Pacific Hotel level 3 7 Raffles Boulevard Marina Square Singapore *****933 words
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Advertisement22 2004-05-03 10 feiir i jP k u :S #^C w |§y y ;i; II >.,;. j >r n ii iu sim ss i i\u s22 words
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Advertisement60 2004-05-03 10 I M E RITU S MANDARIN SINGAPORE f (zßevelrp of &zech gourmet 26 April 4 May 2004 Relish a wonderful smorgasbord of European cuisine whipped up by six award-winning guest chefs. Available for both lunch dinner. Reservations: 6831 6288 Embassy of the s Czech Republic MERTTUS MANDARIN 333 Orchard Road,60 words
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Page 11 Advertisements
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Advertisement2586 2004-05-03 11 J.P. MORGAN (S.E.A.) LIMITED (Incorporated in the Republic of Singapore) for and on behalf of O OCBC Bank OVERSEA-CHINESE BANKING CORPORATION LIMITED (Incorporated in the Republic of Singapore) VOLUNTARY UNCONDITIONAL OFFER FOR GREAT EASTERN HOLDINGS LIMITED Terms defined in the announcement deted 24 February 2004 by J.P. Morgan (S.E.A.) Limited,2,586 words
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Advertisement2643 2004-05-03 11 (c) all the GEH shareholders accept the INCCPS Alternative in respect ot all of their GEH Shares and (d) the Selective Capital Reduction is effected). The OCBC ShBr e s will be issued credited as fully-paid and free from all Encumbrances and will rank pari passu in al respects with2,643 words
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Advertisement2562 2004-05-03 11 (3) This represents Michael Wong Pakshong's deemed interest in the OCBC Stock Units held by his wife (4) This represents David Conner s deemed interest over 64,009 Ordinary Shares arising pursuant to awards granted com act' CBC D6,erred Share Plan and a contractual entitlement to 42 .000 Stock Units pursuant2,562 words
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Article, Illustration970 2004-05-03 12 FINANCE COMMODITIES Week ended: Apr 30 PRIME LENDDfQ RATES BANKS Credit Suisse S'pore 5 ABN Amro Bank NV 5.25 Dexia Banc 1 ue lntl A ABSA Bank Limited 5.5 Luxembourg 6 Agricultural Bank Of China 5.5 Deutsche Bank AG 5.5 ANZ Banking Group 6 DBS Bank 4.25 American Express Bank970 words
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1093 2004-05-03 12 COMMODITY WeeklyRoundup AFP [LONDON] Efforts unveiled by China last week to try to cool its sizzling economy roiled many global commodities, which have enjoyed a boom thanks to the country's strong appetite for raw materials. Base metals were particularly hard hit, though gold pricesAFP - 1,093 words
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Article1607 2004-05-03 12 BICOM FUTURES Apr3( RUBBER Futures (Closing prices) RSS1 (S centsAg) Close Volume Open Month High tow Sett (towns) Interest May 04 232.00 Jun 04 231.25 Jul 04 233.00 Aug 04 233.50 Sep 04 232.75 Oct/Dec 04 233.25 RSS 3 (US centsAg) Volume Open Month High Low Sett (tonnes) Interest1,607 words
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Page 13 Advertisements
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Advertisement1487 2004-05-03 13 Jjt iMrORMATICS FULLYEARF|NANC|ALSTATEMENTANDDIViDENDANNOUNCEMENT *-'P HOLDINGS LTD The Board of Directors of Informatics Holdings Ltd is pleased to announce the unaudited results for the year ended 31 March 2004:1 (a) An income statement (for the group) together with a comparative statement for the corresponding period of the immeditately preceding financial year1,487 words
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Advertisement2072 2004-05-03 13 3 Where the figure* have been audited or reviewed, the auditors' report (Including any qualifications or emphasis of a matter) NA 4 Whether the same accounting policies and methods of computation as in the issuer's most recently audited annual financial statements have been applied The financial statements have been prepared2,072 words
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Article841 2004-05-03 14 Copyright© 1991 Morgan Stanley Capital Internationa Week ended: Apr 30 Stoc* name W! Ob— Out Stecfc —w 1 Ow> Change Altgreen 50c 0.30 0.985 NO. I SO 1.950 *0.040 BR. mt) US20c 0.37 0.725 OCBC 893 12.100 *0400 CapttaLand 1.17 1410 Parkway H 25c 0.60 f.1)0 +0.050 Chart SamiCondCopyright© 1991 Morgan Stanley Capital Internationa - 841 words
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Article657 2004-05-03 14 BONDS WARRANTS T«4 t*t Vol Cmm Ca*r Wm to— ttwpiwy M« —c- fOOOl 8—» Wa If UW 3779 ASl Marine HI<Jg*WC*040t 15 -3 166 1 S3 30 150 3650 ASH W*****1 32 4 1 16 -7 1*1 J 3S97 tana Ltd WM1116 05 1 50 «1 1« 0O 7 36a657 words
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WORLD news
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264 2004-05-03 14 DUBAI First attack on one of its oil facilities kills five people Reuters, Bloomberg, AFP SAUDI Arabia has vowed to use an "iron fist" against militants after gunmen killed five Westerners on Saturday at a petrochemical complex in the Red Sea city ofReuters,; Bloomberg,; AFP - 264 words
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Article, Illustration602 2004-05-03 14 OMAHA, Nebraska Billionaire investor tells shareholders his strategy is still solid AP, Bloomberg WARREN Buffett has no plans to change a system that works, even if he has made a few mistakes along the way. "If we were doing it all overAP,; Bloomberg; AP - 602 words
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530 2004-05-03 14 Bloomberg Reuters, Warren Buffett's views expressed at the weekend meeting and in the press interview earlier: Interest rates: "They've (The Federal Reserve) perhaps been a little slow in terms of moving up because the economy has heated up considerably. It's clear short-term rates areBloomberg; Reuters, - 530 words
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277 2004-05-03 14 NEW YORK Bloomberg, Lat-WP, NYT SHARES of Yahoo! Inc, the second most-used Internet search engine, and other Web-search companies have fallen for three days on concern that stockholders will shift money into Google Inc, the most-used search site. Shares of Sunnyvale, California-based Yahoo last FridayBloomberg,; Lat-WP,; NYT - 277 words
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203 2004-05-03 14 CHICAGO Reuters IT would be no Google, but a report that the International Securities Exchange may plan an initial public offering sent waves across the derivatives exchange world on Friday. ISE, the largest US exchange for individual equity options, declined comment on aReuters - 203 words
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Article, Illustration623 2004-05-03 15 MELBOURNE Competition for Asian gamblers seen fuelling takeovers TWO large takeover bids in the last week will once again change the face of gambling in Australia, says the Herald Sun newspaper. Tabcorp's close-to-successful As 2 billion (552.46 billion) tilt for the New South Wales-basedAFP - 623 words
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240 2004-05-03 15 WASHINGTON Reuters TINY Antigua and Barbuda have successfully challenged a US ban on Internet gambling, dealing the United States another setback at the World Trade Organisation. A US trade official, speaking on condition that she not be identified, confirmed that a WTOReuters - 240 words
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Page 14 Advertisements
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Advertisement1238 2004-05-03 14 Call toll-free 1800 289 8822 IN THE MATTER OF SECTION 210 OF THE COMPANIES ACT (CAP. SO) IN THE MATTER OF ECON INTERNATIONAL LIMITED NOTICE TO LODGE PROOF OF DEBT NOTICE IS HEREBY GIVEN that pursuant to an Order of Court made on 23 rt day of April 2004 in1,238 words
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Article6486 2004-05-03 15 Week ended: Apr 30 S2-M Id last Vol WMk Last Quote GfOrv Mv GrYtd Nat MCao Ml» low Codo Cowp—y Sate W- COOP) Wgli Low luyor Sdht Cw P« SiJ 57.9 32.9 5834 A-Sonic 39.5cd -2 1810 41.5 38 39.5 40 5 N9.7 0.6 14 133.7 8 53006,486 words
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Article64 2004-05-03 15 H* W UM M M i —t O—ii bfik uu M ««>-— I— C—» Ut» W- f— IN* U» >1» **■> Cw X rm KBO W> DwraorK* IA2060 }ix IDIOQ ms aojuiTMi usactm W A MSG km Utsss Ml BSV9QQ- UWIS "Mb mo (iid ms _utiua> tn ins64 words
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Article1906 2004-05-03 15 _5*_ J* SrOfe Qhr GrTU MR MCap U» C»*« C—»—» Sd§ FM> 1— Mfcr Cw Wt l2 2 *J 9J IS 11 12 155 B.1 ..'J 22 CfSfJ?.-. 2*" S 5U II K JC »3 5 NSI 0* 114 »1 1H \f 5£ lDl0t -JS -25 200 271,906 words
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Article339 2004-05-03 15 M lM« ¥M Mmk UMQuota OON 0*» GrVW MM MQm M* i— tx> c—p—T sm *i- c— «N» i— «M>M SM» cm ME $3 379 TM MOC' AVJMiMrgpAJSt. A209 I 154 212 206 208 2K> 40 M A* 79 OOi Cattuy P<K 20c MK720 265 2.1 7.4 6339 words
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BIZIT
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Article, Illustration685 2004-05-03 16 Raju Chellam - The Republic, with 50,000 Java developers, is one of the world's highest in Java development per capita. Raju Chellam has the details Raju Chellam SINGAPORE is in a great position to exploit the massive opportunities that Java technology offers because of the Republic's hugeARTHUR LEE - 685 words
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Article359 2004-05-03 16 Raju Chellam - By Raju Chellam BOTH Java and its father, James Gosling, celebrate their birthdays this month. Java was born on May 23, 1995 when John Gage, Sun's director of its Science Office, and Marc Andreessen, co-founder of Netscape, launched it at the SunWorld Conference in California. And Dr359 words
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Article, Illustration630 2004-05-03 16 tang weng fai - IT comment INFOTECH tang weng fai LAST week, US supermart giant Wal-Mart began live trials of radio-frequency identification (RFID) at one of its distribution centres in the Dallas area of Texas. The tiny tags embedded into the packaging of the goods are read by scanners, so630 words
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Article, Illustration423 2004-05-03 16 Amit Roy Choudhury - By Amit Roy Choudhury WHILE growth in the global consumer market continues to rev up for Symantec, provider of the well-known Norton range of consumeroriented anti-virus and security products, the information security vendor is focusing on corporate customers in the Asia-Pacific region. A key reason423 words
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Article205 2004-05-03 16 AFP [WASHINGTON] A new Internet worm spreading worldwide hits computers with certain Microsoft operating systems and causes no apparent damage, but closes down the operating system and sends it into a re-boot loop, two US computer security firms said on Saturday. The Sasser worm "breaksAFP - 205 words
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ITTAKES
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Article112 2004-05-03 16 CUSTOMERS of British Airways (BA) and Qantas in Singapore will now be able to opt for e-tickets when they purchase them online or from travel agents. The new routes, including flights to and from Singapore, Bangkok and all Australian cities are the latest addition to BA's112 words
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Article107 2004-05-03 16 HANDHELD maker palmOne has introduced two new products in its Zire series of handhelds. The products are: ♦Zire 72: Price, $528. The handheld comes with a built-in 1.2-megapixel digital camera, audio/video capture and playback ability, and Bluetooth wireless technology and has multimedia capability. It comes with107 words
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Article78 2004-05-03 16 YAHOO! has introduced tools to address spam problems of Yahoo! Singapore Mail users. In order to protect primary e-mail addresses from spam, Yahoo! Mail has created AddressGuard which allows users to establish substitute e-mail addresses that are easily managed from their primary Yahoo! Mail account and can78 words
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Article69 2004-05-03 16 STARHUB has announced the search for its millionth mobile customer. Ten winners five existing and five new mobile customers —will get travel vouchers worth $30,000 each to any destination of their choice. All Postpaid and Green Prepaid StarHub mobile customers who are Singaporeans or Permanent Residents are69 words
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Article79 2004-05-03 16 Amit Roy Choudhury - Complied by Amit Roy Choudhury DELL has introduced the 3300MP, an ultra-bright projector which replaces the 3200MP model. The new projector's auto vertical keystone con*ection technology straightens images, eliminating the need to place the projector directly in front of the screen. It also ships with a79 words
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SHIPPING TIMES
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Article303 2004-05-03 17 ♦Contributed by Simpson Spence Young RATHER disappointingly, the major rumour during the course of the week seems to be incorrect. There were reports that Worldwide had disposed of its remaining VLCC fleet to an individual buyer at something around US$ 1.2 billion. However, the owners stated that they♦Contributed by Simpson Spence & Young - 303 words
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Article288 2004-05-03 17 SGX '000 Apr 30 S$ +7- Vol CH Offshore .037 unch 4276 ChuanHup 0.49 -0.01 4348 Cosco Investment .0.75 0.03 ***** CWT Distribution .0.52 -0.01 20 EzraHldgs —1.03 0.06 554 Freight Units .0.12 0.01 862 G8 Holdings .0.74 unch 163 Java Holdings 0 80 0.01 2207 K1 Venture288 words
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Article, Illustration661 2004-05-03 17 Beth Jinks - Advisory panel chief says long-term projects cannot survive without govt support By Beth Jinks [SINGAPORE] Public and private partnerships in maritime research and development (R&D) will pave the way for commercial technology exports from Singapore, the head of a new industry advisory661 words
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Article, Illustration176 2004-05-03 17 AP [SOUTHAMPTON, England) The Queen Elizabeth 2 ocean liner ceded its place as Cunard's flagship vessel yesterday, passing a ceremonial cup to its successor the Queen Mary 2. The ageing QE2 served 35 years as Cunard's main transatlantic workhorse. It left Southampton for Germany, where itAP - 176 words
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402 2004-05-03 17 Bloomberg [CHICAGO] Shipment of goods from the largest US ports slowed as California's independent truck drivers stopped working in Los Angeles and Oakland over record fuel prices, expanding a protest that began five days ago. Only about 15 per cent ofBloomberg - 402 words
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116 2004-05-03 17 Bloomberg [CAPE TOWN] A bulk carrier owned by U-Ming Marine Transport Corp, one of Taiwan's largest shippers, is in danger of sinking off South Africa's west coast after its hull was damaged, a lawyer acting for the company said. The 150,000 ton Cape Africa,Bloomberg - 116 words
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561 2004-05-03 17 Donald Urquhart - Unions say it's a wake-up call as the box had no support documentation on contents By Donald Urquhart [SINGAPORE] An explosion inside a container last week at the Port of Los Angeles has highlighted the shipping industry's potential vulnerability, despite new security measures,561 words
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Article, Illustration901 2004-05-03 18 David Hughes - DOCKYARD By David Hughes REGULAR readers of this column may recall that as the tanker Prestige was labouring in storms off the Spanish coast, I wrote a piece about the circumstances of the casualty that actually appeared in print at virtually the same timeAFP - 901 words
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Article192 2004-05-03 18 PAGE Alianca 3 AAL 5 Avant 6 Bank Line ..4 B'tang Mas 5 BSA 4 BSC 6 BTL 6 Cargoways 6 CMACGM 3 COSCO 3 China Shpg 5 Confer 6 Crocodile Line ....4 CWTGIobelink ...4 Delmas 4 Dongnama 3 EP Carriers 6 ECL 3 Eng Lee 6192 words
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Article12391 2004-05-03 23 THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyaqe Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Nam* Name Number Number SIN Dest'n Name Name Number Number 26/05 19/06 NYK HANSA CONSTITUTION 005S 65-*****123 TO ABIDJAN (ABJ) 2003 Cot* D'lvoir* 26/05 21/06 Alianca HANSA CONSTITUTION 005W 65-*****161 10/05 17/0612,391 words
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SHIPS IN PORT
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Article498 2004-05-03 25 Vessel Voy No Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL AMASIS 022W J16/17 A/SIDE 03/05 0500 DAFA 026E J18/19 A/SIDE 03/05 0400 EASTN FORTIS ***** J7 A/SIDE 03/05 2300 RIMBATIGA DENNIS H J11 A/SIDE 03/05 2359 SHAN FURYU 11/04 J3 A/SIDE 03/05 0700 SHANNON EXP 09/04 J3 A/SIDE 03/05498 words
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Article1704 2004-05-03 25 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vessel Out In Bth Berthing Un- Bertl Name Voy Voy seq berthing Nmb AO( DAHLIA 075N 075N J 04/05/2004-08:00 04/05/2004-22:00 ACX RAFFLES 090S 090S 1 04/05/2004-07:00 04/05/20M-2000 AKSOY TRUVA 0409 0408 1 04/05/2004-08:00 04/05/2004-19:00 AL YAMAMAH S411W S41j W 1 03/05/2004-12:00 04/05/2004-05:00 ALAMJAYA1,704 words
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Article123 2004-05-03 25 May 3 Japan: Constitution Day. UK: Early May Bnk Hoi. Mays Japan: Children's Day. Netherlands: Liberation Day. S.Korea: Children's Day. Thailand: Coronation Day. May 8 France: Remem Day (WW2). May 17 Norway: National Day. May 20 Belgium: Ascension Day. France: Ascension Day. Germany: Ascension Day. Indonesia: Ascension Day.123 words
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Article794 2004-05-03 25 THIS report, compiled by Cockett Ma rine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the794 words
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Article620 2004-05-03 25 180 Max 989.9 0.6 16.2 0.06 38 0.04 pr 29 Density Water Residue AshAlumlnium Sediment No above E25 0 0 1 0 0 0 380 Ave 986.7 0.3 13.8 0.05 24 0.02 Eiion 380 Max 994.4 0.7 17.8 0.08 64 0.05 »V/V %M/u m/m Wo above620 words
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AIR & LAND transport
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835 2004-05-03 26 They willingly handed over millions of passenger records NYT [NEW YORK] In the days following the Sept 11 terrorist attacks in 2001, the nation's largest airlines, including American, United and Northwest, turned over millions of passenger records to the FBI, airline and lawNYT - 835 words
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227 2004-05-03 26 AP [TORONTO] The court-ap-pointed bankruptcy monitor overseeing Air Canada's restructuring recommended approval of the airline's plan to seek out a new investor in the airline, after its deal with Hong Kong billionaire Victor Li expired. In a report released on Saturday, accountingAP - 227 words
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221 2004-05-03 26 ANA pilot caught dozing at the controls twice AP [TOKYO] A Japanese airline pilot nodded off twice while at the controls of a domestic flight last month in front of a transport official who happened to be on board for a routine inspection. The 50-year-old All Nippon Airlines pilot hasAP - 221 words
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Article, Illustration427 2004-05-03 26 Reuters [ROME] Alitalia slowly got back to business on Saturday after three days of strikes but Italian Prime Minister Silvio Berlusconi warned it would be tough to solve the loss-making crisis at the over-staffed airline. Alitalia said it had cancelled 102Reuters; AP - 427 words
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199 2004-05-03 26 AP [LONDON] A new weight limit will be enforced for luggage at London's Heathrow Airport in an attempt to reduce injuries among baggage handlers, officials said. From June 1, no piece of luggage may weigh more than 32 kg, airport operator BAA pic said.AP - 199 words
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129 2004-05-03 26 Bloomberg [CHICAGO] Boeing Co, the world's second-biggest commercial aircraft maker, reached preliminary agreement on a four-year contract with the United Automobile, Aerospace and Agricultural Implement Workers of America, which represents 2,000 workers in California and Oklahoma. The deal must be approved by union members.Bloomberg - 129 words
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LOGBook
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Article102 2004-05-03 26 Reuters [LONDON] Thousands of Britons taking a break over the long holiday weekend faced disruption on Saturday when dozens of easy Jet aircraft were grounded because of misplaced insurance documents, the low-fares airline said. easy Jet apologised to its passengers after flights from airportsReuters - 102 words
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Article64 2004-05-03 26 AFP [MANILA] Philippine Airlines (PAL) and Royal Brunei Airlines have begun a code-sharing arrangement covering the five weekly flights between the capitals of the two countries, a PAL statement said. Under the accord, PAL will offer a number of seats on Royal Brunei's Boeing 767AFP - 64 words
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58 2004-05-03 26 Reuters [LONDON] British aero-engine maker Rolls-Royce Group pic said on Friday it would invest more than £100 million (*****.2 million) in the UK over the next two and a half years in manufacturing facilities. The facilities will specialise in compression systems, combustion systems, componentReuters - 58 words
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112 2004-05-03 26 AFP [TAIPEI] Taiwan on Friday signed an agreement with Japan to launch scheduled flights to Sendai and Hiroshima, bringing to seven the number of regular air routes between the two countries, local officials said. China Airlines will start flying the Taipei-Hiroshima route in June whileAFP - 112 words
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Article2229 2004-05-03 26 CITY FlIGHT ETA FLIGHT ETC —SiT Dabai Bine 0555 EK349 0030 $0403 0730 EK405 0210 Z EI404 1405 EK431 0325 Amsterdam 0*975 0855 KL838 2255 «430 2005 S0404 2325 55^ —Fraakfart AC9951 0630 IH9765 1345 0100 LH9762 0630 S0326 1345 A«CkM EM05 0100 EM04 1520 S0252,229 words
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Page 17 Advertisements
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Advertisement13 2004-05-03 17 Airlines gave records to FBI after 9/11 WjStt caught dozing at the controls13 words
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Advertisement238 2004-05-03 17 CSL {Canada Steamship Lines), Is a successful shipping company operating specialty bulk carriers for industrial shippers worldwide. With representation in offices in North and South America, Europe and Asia we provide total logistics support for our long-term customers. With a broader and more diversified growth focus on the Asian Market,238 words
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Page 18 Advertisements
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Advertisement883 2004-05-03 18 1 TO USA/CANADA I I EXPORT 1 1 OTHER DESTINATIONS I Ivpsa jVQY PKG I LONG BEACHI DALLAS I HOUSTON I MEMPHIS I CHICAGO I NEW YORK ll TO AUSTRALIA (AUSTRALIA ASIA EXPRESS) PiO NEDUOYD KOBE 39E19 04/05 05/05 21/05 26/05 20/05 24/05 24/05 29/05 VKsa VOY ETA SIN KG883 words
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Advertisement569 2004-05-03 18 Lines services represented by Members of the Registry of Members of the |63f| Accredited Shipping Agents, ""~2=- S,n 9 0 P° re Lo 9 ,st,cs Singapore Shipping Association Association COHTAIMIRS/ CONVENTIONAL CARGO PORT KUNG/SMGAPORE/JAKARTA lANGKOK VOY ETAPKL ETA SIN ETA MALE Prinoess ljh (MM 03/05 05/05 13/05 Maid Star 54H569 words
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Page 19 Advertisements
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Advertisement825 2004-05-03 19 MOL Combines a range of shipping modes to ensure timely, reliable services covering major pods in Norm America, Europe, Japan, Asia, Africa Oceania. Also accopt Intro-Aria Cargoes to: BUSAN KWANGYANG SHANGHAI YAMTIAN XIAMBI QMGDAO MEUWAN JAKARTA SURABAYA KAOHSUHG BANGKOK lAHW CHABAHG HOOtHHHH PASW 6UDAHG ftHAHG POUT KEIAIiG For Schedules, BL825 words
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Advertisement2323 2004-05-03 19 ADDITIONAL NEW WEEKLY "ADX* SERVICE 1 TO EAST MEDITERRANEAN ON EVERY FRIDAY WITH EFFECT FROM MING SKY V.OOOIW ETA SIN: 02/04/2004 cos™ SHIPPING PTE LTD tBSSSUST SSS&i, ""OSS* "BBS® I SINGAPORE TO ISTANIUI -15 DAYS (XNO: H7i7i9ooooM ESSfIBUA.N) SB SSSS JO TMSSALOHK I -16 DAYS SSSaSI-11- nL 07-35M166 MULO;-35M170 VSI/VOY2,323 words
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Page 20 Advertisements
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Advertisement2355 2004-05-03 20 WAN HAi INTERNATIONAL PIE LID a NO-. MMS92OOOO/R1 "V mm mm TIL *****588 (14 LINES) FAX: *****163 V\M\IA/AIJ UA I lINFn Custom S*r*i«/»oofckgs Dred Um (1800) *****200 111 TVnll llftl LHILJ ftt 1H: (03) S34Mttl FAX: 1039 *****2 M NN IE; (M) *****00 FAX; (04)*****99 V JOHIH:(#7)2SIW2Jf*I:O7)2SII92I SUI1t(031) J*****5HUt|031) J*****4/J*****52,355 words
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Advertisement680 2004-05-03 20 BSA4 MYANMA nn FIVE STAR LINE (Myanmar National Line) Loading for Yangon VESSEL VOY SIN PKL PEN PGU PAGAN 328W SIO HPA-AN 320W SLD SU> IN MAUTSIA: IOUSTEAD SHIPPING AGENCIES KUL- 03-*****300 PKL- 03-317*6101 PEN: 04-*****02 MKKKk ACCEPTING CONVENTIONAL C6O VESSa VOY HKG SIN PGU PKI KUC JACARAOA ACE fl680 words
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Page 21 Advertisements
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Advertisement1455 2004-05-03 21 I VESSEL VOY SIN PKL DXB BAB DMM BIK CHABAHAW IKHORRAMSHAHRI IRAN SHAHRYAR PCI 8032 03/05 01/05 13/05 14/05 21/05 23/05 25/05 27/05 IRAN HORMOZGAN PCL367 08/05 06/05 17/05 18/05 25/05 27/05 29/05 31/05 IRAN SATTARI PCI 8031 16/05 17/05 26/05 27/05 05/06 07/06 09/06 11/06 IRAN SHAHRYAR PCLBO33 27/051,455 words
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Advertisement605 2004-05-03 21 i k UK CONTINENT SERVICE Loading for ATERMON RTM/ATW/BMN/UK/NAN KEELUNG RTM/ATW/BMN/UK/NAN Loads Singapore, EVW. Malaysia, Indonesia MIDDLE-EAST SERVICE Loading for RAVENNA DBI/ABU/DOH/BRN/DMM/KWT VTC STAR DBI/ABU/DOH/BRN/DMM/KWT J FRIEND HDD/JDH/AQA J SAFE DBI/ABU/DOH/BRN/DMM/KWT 'Loads Singapore, EVW. Malaysia, Indonesia USA SERVICE Loading for SPLIT CAM/NOL/N FK/SAV/TPC FALCON TRAVELLER VCW/LAX^ZL •Loads E7W. Malaysia Indonesia605 words
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Advertisement804 2004-05-03 21 Vissa VOY SIN PGM VESSEL XQI UN JD PAC lAMQA 1200N 03/05 03/05 ALAMIAYA 2 8894 02/05 04/05 PAC lANDA 1201 M 04/05 04/05 PAC HNTAN 92ik 03/05 Qi/ti PACIAMDA 1202H 05/05 06/05 MATARAM EXP 2001 06/05 Qt/fIS PAC lANDA 1203!! 06/05 07/05 AUMIAYA 2 M 95 09/05 »/OS_ PAC804 words
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Page 22 Advertisements
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Advertisement597 2004-05-03 22 HHHHTIGERWAVE 182N 03-04/05 09 10/05 16-16/05 1 ■PilfiWl TIGER PEARL 183N 05-06/05 12 13/05 18-19/05 ■MUISUfI TIGER SKY 184N 08-09/05 15 16/05 22 23/05 1 Ml 1 MB TIGER SEA 185N 11 12/05 1920/05 25-26/05 ■■■■■TIGER WAVE IB6N 16 16/05 22 23/05 29 30/05 1 TIGER PEARL 187N 18 19/05597 words
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Advertisement1018 2004-05-03 22 FREIGHT LINKS EXPRESS PTE LTD* Freight Links Express Logisticentre, Singapore^6o^n^ ATTRACTIVE lcl rates to these various destinations VALPARAISO MANZANILLO CALLAO NINGBO gHb SANTIAGO VERACRUZ MONTEVIDEO XIAMEN BUENAVENTURA PANAMA CITY QINGDAO PLS CALL FOR BOOKING 6267 4694/5535/5541/5508/5514/5551/5560/5563/5565/5569/5553 PROJECT HEAVYLIFT CARGO flOVlrrl^H (CONVENTIONAL RORO) FWf Lawrence Lim 6267 5555, H/P: 9749 19771,018 words
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Advertisement1209 2004-05-03 22 |\«rm 7t• f\ Agents UU. Simiai Amkv (S) ft* Ltd (CR NO; U*****0000Z) I JLines {juflmt/zz'to SORER TO HONQ KQMQ A JAPAN I rasa vot osx m swz no tok Hue vcsa |w|m^ SSf™nv 515? IMS 4 ,I/M W/04 23/04 27/04 01/05 02/05 MOtETBNITY #004 07/05 M/ 05 13/05 17/051,209 words
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Advertisement169 2004-05-03 22 BREAKBULK CONVENTIONAL SERVICE DIRECT SERVICE FROM S'PORE TO KARACHI Ivtssa I VOYAGE ETA SINGAPORE ETA KAKACHI Owtrol w substitute 0?0HW~ 30/OS/D4 SEA-PAC MANAGEMENT PTE. LTD. 70 Anson Rood #17-07/08 Apex Towar, Singapore *****5 Telephone: 6270 0977 II Facsimile: 6275 2309 XII Telex: RS ***** SEAPAC DIRECT SIN NAMPO, D.P.R. KOREA169 words
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Page 25 Miscellaneous
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Miscellaneous105 2004-05-03 25 Issued by Meteorological Service Division,NEA LEGEND: Thunderstorm Wind speed symbols v' Showers O Full circle w/o line indicates calm or light and variable winds Rai n 1 One half fleche represents 5 knots Cloudy Day —One full fleche represents 10 knots Hazy A One solid triangle represents 50 knots D105 words
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Page 26 Advertisements
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Advertisement98 2004-05-03 26 y^^^^Jg^^J^^^T^dvcrtis^alHolKre^B9<^B9^BB2^^mailMiotkes@sphxoiiLsg Far Eastern Freight Conference (FEFC) Currency Adjustment Factor (CAF) Further to the announcement dated Ist April, in accordance with implementation procedure, the Currency Adjustment Factor (CAF) applicable for the period Ist June until 30th June 2004 will be 5.4%. The next review period will be May 2004, the result98 words
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