The Business Times, 31 May 2004
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2004-05-31
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The Business Times
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Title Section15 2004-05-31 1 THE BUSINESS TIMES MITA (P) 023/03/2004 Internet: nttp://business-times.asial .com.sg SINGAPORE MONDAY, MAY 31, 2004 85C15 words
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Article, Illustration631 2004-05-31 1 Chuang Peck Ming - BT exclusive Study shows steady flows to high-wage nations, setbacks in low-wage locations By Chuang Peck Ming [SINGAPORE] American manufacturers have largely maintained their bets on "high-wage" countries like Singapore, even as they tightened their global investment budgets in recent years.Source Deloitte Research: U.S Department of Commerce, Bureau of Economic Analysis, International Investment Data,Data December 2003 - 631 words
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Article63 2004-05-31 1 Week Change ST1 1787.18 +19.95 KLSECOMP ....808.44 +16.91 NIKKEI 225 *****.57 +239.32 HANG SENG *****.87 +540.86 SET INDEX 638.59 +23.18 JAKARTA COMP ...733.99 +9.06 MANILA COMP ...1517.20 +32.24 TAIPEI WPI 6137.26 +172.32 SEOUL COMP 816.51 +30.15 SHENZHEN B ........262.60 +8.36 Al'ST ALL ORD 3447.20 +53.00 DOW JONES *****.45 +221.7163 words
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Article76 2004-05-31 1 FOREX RATES US$ 8$ I'SS (SS per l.SS) 1.699 £(l'SS/SS per 5t) 1.840 3.126 El'ROfl SS/SS/E). 1.229 2.087 YEN 110.5 65.00 R.M 3.800 2.237 HKS 7.794 4.588 BAHT 40.58 23.89 Rl'PIAH 9,280 5,46-'} RENMINBI 8.277 4.872 INDIAN Rl'PEE..... 45.42 26.74 AS 1.394 0.821 NZS 1.583 0.932 PRIME RATES SINGAPORE76 words
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405 2004-05-31 1 Amit Roy Choudhury - KEPPEL SHYIPYARD MISHAP It will get to the bottom of recent accidents and close any loopholes: DPMs Lee and Tan By Amit Roy Choudhury [SINGAPORE] As relatives and friends of the victims of Saturday's fire on board the Portugese-registered tanker Almudaina405 words
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Article, Illustration629 2004-05-31 1 Vinoe Chang - BT exclusive But they say prices are still high amid uncertainties By Vinoe Chang [SINGAPORE] Steel prices are cooling off, to the relief of local contractors, and may decline to about $700 a tonne towards the end of the year. Contractors polled629 words
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Page 1 Advertisements
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Advertisement10 2004-05-31 1 INSIDE ARTS FESTIVAL St I^. Mahler: A Herculean effort PgB10 words
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Advertisement23 2004-05-31 1 COMMENTARY TehHooiLingon the luxury watch retailer with the best prospects Pg3 BIzlT Singapore ready for next tech breakthroughs: International Data Group chairman Pgl623 words
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Advertisement23 2004-05-31 1 ROLLING THE MCE IN ASIA Vikram Khanna: Singapore can win big with gaming Ray Heath: A regional gambling revolution in the makbg J23 words
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Article, Illustration1056 2004-05-31 2 vikram khanna - BT comment ECONOMICS It has advantages others lack, but must permit local patronage and address social costs vikram khanna WITH competition in Asia's US$l3 billion casino gaming industry starting to hot up, what are Singapore's chances of capturing a decent slice of the pie1,056 words
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929 2004-05-31 2 Ray Heath - Countries eye tax dollars and Chinese tourists, says Ray Heath in Hong Kong Ray Heath WHEN the doors of the Sands Macau casino swung open to let in a throng of gamblers recently, the chips were plonked on a much bigger game the929 words
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Page 2 Advertisements
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Advertisement335 2004-05-31 2 'If*JHIIM. V KLpK "Triple A" MBAs! Accredited. Accelerated. Accessible. mm W,m cl UB A A Illinois IfIDM >00 Singapore 10th Intake Starting Soon! M 'W& w MP* Southern Illinois Internationally Accredited by AACSB and University, USA North Central Association of Colleges Schools, USA A Carnegie Doctoral Research Extensive University 100%335 words
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Advertisement70 2004-05-31 2 Incorporation services in all major jurisdictions Global network of offices Ready-made companies available Management and administration services China business registration Accounting and trade support services Virtual office solutions Personal and corporate bank introductions TO ARRANGE A FREE CONSULTATION CONTACT: Simonne Toh T: +65 6535 3382 F: +65 6535 3991 Esingapore@ocracom.sg70 words
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SINGAPORE companies
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679 2004-05-31 3 Serena Ng - Marketing trip Down Under focuses on 'China plays', tech stocks By Serena Ng BUSINESS on the crosstrading link between the Singapore Exchange (SGX) and the Australian Stock Exchange (ASX) has so far been brisk at best, but mostly quiet. Yet an undaunted SGX679 words
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796 2004-05-31 3 teh hooi ling - HOCK lock siew teh hooi ling IT appears good times are rolling again for luxury watch retailers. All three companies which are listed on the Singapore Exchange Cortina, The Hour Glass and Sincere Watch turned in sterling sets of results. Two of796 words
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Article, Illustration1155 2004-05-31 4 Robert Hallli - INSIDE MARKETS Purchases total $4.7m compared to sales of just $480,000, says Robert Halili Robert Hallli THE trading by directors and substantial shareholders was down last week with only 39 trades worth $5.2 million, sharply lower than the previous week's 96 transactions worth1,155 words
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232 2004-05-31 4 Amit Roy Choudhury - By Amit Roy Choudhury STRATECH Systems' globalisation efforts have paid off, with the company clinching a Hong Kong Immigration contract worth about HK$64 million (5513.9 million). The mainboard-listed advanced technology and esystems developer is part of a consortium that has won a Hong232 words
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155 2004-05-31 4 MAINBOARD-LISTED Asia Dekor, riding the strong economic growth of China, came back to profitability in the financial year ended March 31, 2004. The producer and distributor of laminated floor and related products in China achieved a net profit of 56.7 million yuan155 words
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Page 3 Advertisements
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Article885 2004-05-31 4 Week ended: May 28 MMfc—— m ow» a—1| w»di—» m o— a»|i AltgrwnSOc 030 0 950 NOL 1.69 2.140 +0320 MUntlUS20c 0.39 0.740 -0X110 OCBC 913 12.000 *0200 CapltaUnd 0.97 1.300 +0.020 Parkway H 25c 0.60 1.150 +0-020 Chart SamiCond 26c 122 1430 People s Food HKSOc 0.45 1350885 words
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Article826 2004-05-31 4 BONDS WARRANTS Pram Expiry Tal Last Vol Com Ew Disc Gov- Mths CXi Solo tor- (1M) «a«o Prtco Left 3779 ASLMarineHldgsW*****1 16 3 107 1 53 31 328 47 3698 ASTIW*****1 -33 -1 1321 1 16 -5 1.56 1 3697 AcmaUdW*****6 05 1 50 677 13.00 6 3602 Amtek W*****0826 words
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Page 4 Advertisements
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Advertisement592 2004-05-31 4 JMLUHT' I iflß I J j gal I :M*S l^^^^^^HHßßg9K^^|Hfl9| lit aWG&TMB Nanyang Business School, one of the premier business schools in Asia, offers non-degree executive programs designed to broaden your perspectives in management and help you apply the new skills and knowledge to deal 1 with challenges in the592 words
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Advertisement5 2004-05-31 4 Swiss Private Banking since 18415 words
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SINGAPORE markets
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Article, Illustration1102 2004-05-31 5 teh hooi ling - BT portfolio STOCKS teh hooi ling Four out of our five portfolios rebounded very strongly last week, beating the Straits Times Index. The portfolio made up of stocks with the lowest forward price- earnings ratio put up the best showing. It gained a strong1,102 words
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Article, Illustration785 2004-05-31 6 r. sivanithy - BT comment STOCKS r. sivanithy THE terms "oversold" and "overbought" are arguably overused in the stock market these days, their meanings conveying little useful economic or fundamental information. They do, however, appear to have a vague grounding in technical analysis, though they tend to mean785 words
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Article608 2004-05-31 6 Payment a Books fly Payment Ex looks Pay —fetf close date. date dose date Aberdeen IQpence I UK2 19-May 24-May 23 Xm NobleGrpHKIOOc F US3.1TA 25 May 28-May 09-Jm Action Asia 10c y 1.20 13-May 18-May 31-May Ossia Intl 10c 0.70 19-May 24-May OS-Jul Arrvara Hldgs 20c b608 words
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503 2004-05-31 6 AFP [HONG KONG] Asian currencies firmed against the dollar over the past week, led by the yen, but dealers were watching for the outcome of the coming Opec meeting and the release of US unemployment figures. Japanese yen: The yen bounced back againstAFP - 503 words
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Article70 2004-05-31 6 Events investors can watch out for CMS' Bonus Issue, ex-date, Jun 1 Eastern Asia's dividend payment, Jun 1 Transpac's dividend payment, Jun 1 Yeo Hlap Seng's dividend payment, Jun 1 Pan-United's dividend payment, Jun 3 People's Food's dividend payment, Jun 3 Bright Orient's dividend payment, Jun 8 Parkway70 words
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314 2004-05-31 6 R Sivanithy - HOT STOCK WARRANT By R Sivanithy THE newest company-issued warrant to be listed in the local market has also been one of the best performing, rising 35 per cent in two weeks. It has done so relatively unnoticed and without much fanfare,314 words
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Page 5 Advertisements
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Advertisement107 2004-05-31 5 Visit the Mazda Road Show at Suntec City, outside Carrefour (31 May 6 June). Your adrenalin rushes even before *ts pent up energy is unleashed. The mere sound of the RENESIS rotary engine revs up your heartbeat. The vigour of a high 23IPS output power plant fires to 9.G00 rpm.107 words
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Article, Illustration1596 2004-05-31 6 The stock recommendation is the average of ail the recom- Number FOR£CAST mendations submitted by analysts following the stock. There recommendation of EPS PE Target is a total of 29 brokers submitting recommendations but not COMPANY Thfc Week/Last Week Estimates (times) every stock is followed by all the1,596 words
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SINGAPORE news
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Article, Illustration1008 2004-05-31 7 Anna Teo - By Anna Teo IF Kelly Poulos had her way, everyone in every company would have a coach say, their immediate supervisor and should themselves be a coach or mentor those who report directly to them. Indeed, the manager of the future is someone who won'tARTHUR LEE - 1,008 words
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468 2004-05-31 7 Siow Li Sen - It makes 420m baht acquisition of Universal Food Public Company By Siow Li Sen POLITICAL troubles in its southern province may have earned Thailand unwelcome headlines recently, but they haven't deterred Singapore businessmen from increasing their investments in the country. Industrialist468 words
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Page 7 Advertisements
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Advertisement88 2004-05-31 7 G °yj. reless For as low as $99 per month, you can setup a full wireless infrastructure. Standard items Configuration include: 1 D-Link Access Point/Router 3 Wireless 2.4 Ghz (802.11g) I H USB Adapters Configuration Setup I L FREE! Your own domain name 3 months web hosting Other services available:88 words
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Advertisement218 2004-05-31 7 Be the first to experience the stock market in your hand -V A t v t y r A 4 V i VA llSS? PHBPR Market Indices Top Volume Intra-day Chart 3 Best Bid/Offer yi^y Supporting models tor Mobil. 1 Stork l'.i> NoK.a Sony Ftir«iso>i a Mobile Stock Live! The218 words
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ARTS festival
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Article, Illustration631 2004-05-31 8 PY Van - Choirs from S'pore, Latvia and China soar with Mahler masterpiece By PY Van THE combined forces and collective energy of some 570 performers members of choirs from Singapore, Latvia and China, eight vocal soloists from China, Europe and the United States, and our own SingaporeST - 631 words
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Article, Illustration831 2004-05-31 8 Audrey Wong - Play fails to achieve emotional climax of epic tragedy By Audrey Wong THE story of Ba Wang Bie Ji, made famous in the Chen Kaige movie Farewell My Concubine, was retold in this contemporary, beautifully designed and stylised drama by the China Blue Sky831 words
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Page 8 Advertisements
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Advertisement83 2004-05-31 8 'Mm >' v »v* «> WHO DO YOU WILL SHINE THIS YEAR? who has made to the arts The person you as a role > 5 I l#r#lS < Your will be carefully by a distinguished leaders many i•4 1 ;T NOMINATION fpKPililf T 1 -ll '> '11 My nomination83 words
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Advertisement32 2004-05-31 8 What's on today ♦Kidsfest at ACS Barker Road campus ♦Little Victories by the Little Company (10.30 am) ♦Lazer Vaudeville (10.30 am) There are no core festival performances tonight. For details, visit www.singaporeartsfestival.com.sg32 words
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REGIONAL news
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Article, Illustration391 2004-05-31 9 Eddie Toh - Developer buying 521 hectare plot in Selangor for RM412 million From Eddie Toh in Kuala Lumpur ONE of China's richest tycoons is acquiring a tract of land in the state of Selangor in what could be the first project by a Chinese developerAPPLE DAILY - 391 words
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Article223 2004-05-31 9 HONG KONG Reuters HONG Kong conglomerate Hutchison Whampoa Ltd said on Saturday it had no plan to write down the book value of its British video phone arm Hutchison 3G UK Holdings Ltd (3 UK), despite last week's deal valuing the unit at onlyReuters - 223 words
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973 2004-05-31 9 Daniel Buenas - By Daniel Buenas AT first appearance, 70-year-old Tunku Abdul Aziz Ibrahim may not strike you as a crusader for transparency and integrity. However, as a president of Transparency International Malaysia and a former vice-president of Transparency International worldwide, the dignified and articulate Tunku doesn't mince973 words
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Article, Illustration785 2004-05-31 10 A rising number of amateur Japanese investors take a chance in the volatile Chinese market, drawn by hopes of high returns for a small outlay Reuters AFTER Norikazu Goto finished kicking himself, he made a decision. The 34-year-old Japanese businessman had just read a magazineReuters; AFP FILE PHOTO - 785 words
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283 2004-05-31 10 BEIJING Move on a trial basis is aimed at better governance Reuters SIX major state-owned Chinese firms will set up boards of directors within the year on a trial basis to improve their governance structure, the top state asset managementReuters - 283 words
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Page 9 Advertisements
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Advertisement166 2004-05-31 9 iMMMw JBBrallr v WM WM WJk Wa k m nl pp mJm \kl HI iB I IBF 'j- sm |§8 |hK5| m jfBMKk lL 4! i I r, IK] Bn bIH K\ fl jggsgp*j BRklll i w K M V xjKZA global financial firm that works with you like a166 words
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Page 10 Advertisements
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Advertisement147 2004-05-31 10 Bw fH i|^L SBBBs jMBHajBI v Hp HHfi |H yj J Hip Y Wx^ '■>;., > i 2" Location j* sr ——A Thamestde Icon —Falcon Wharf combines iconic architecture with intelligent design and stunning river views. The exclusive apartments benefit from high specification, glass shielded winter gardens and comfort cooling.147 words
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Advertisement46 2004-05-31 10 Lianhe Zaobao I Listed wotch retailers I I made I $30m I in profit last I I I *****37 c I ±m«H7 I I I r ~A$« g I S5 Call our C.A.T.S. hotline at c.a.t.s. 1800-289-9988. Buy It. Sell It. Find It. 11 3 m46 words
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WORLD news
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404 2004-05-31 11 LONDON Investors looking for clues about size of expected Fed rate hike in Jane Reuters US NON-FARM payroll figures will receive most investor attention in a dataladen week as they would be scrutinising the numbers for clues about the size of anReuters - 404 words
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474 2004-05-31 11 VIENNA They'll shift assets from stocks to bonds: study Reuters A WAVE of retiring baby boomers could trigger the type of market price volatility witnessed during some of the major financial crises as they begin to reallocate their huge assets fromReuters - 474 words
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244 2004-05-31 11 NEW YORK Bloomberg THE US Securities and Exchange Commission has a new job opening designed to help prevent employee burnout: an "organisational psychologist". The post, which pays between US$lOl,OOO and U*****,978 annually, aims to "improve employee attitudes and satisfaction related to employeeBloomberg - 244 words
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Article, Illustration1209 2004-05-31 11 WARRANT LEARNING CURVE Warrants are securitized options to either buy or sell an underlying asset at a fixed price within a specified time. If the option is to buy, the warrant is known as a call, while an option to sell is known as a put.Source: Deutsche Bank - 1,209 words
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248 2004-05-31 13 FRANKFURT Reuters DEUTSCHE Post could be forced to halt the listing of its banking arm after lead manager Deutsche Bank said it may be worth only 4.4 billion euros (559.2 billion). This finding will encourage investors to seek a discount. Germany'sReuters - 248 words
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Article, Illustration642 2004-05-31 13 KHOBAR, Saudi Arabia But pledges may not go far enough to soothe jittery world markets Reuters, AFP OIL superpower Saudi Arabia swiftly vowed yesterday to keep its crude supplies flowing smoothly to world markets after a deadly militant attack on theReuters,; AFP - 642 words
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Article, Illustration557 2004-05-31 14 LONDON Package worth £5.8m, excluding severance deal, says annual report NYT, Bloomberg PHILIP Watts, the ousted chairman of the Royal Dutch/Shell Group, was given a pay and option package worth more than £5.84 million (5518.2 million) in 2003, according to annualNYT,; Bloomberg; BLOOMBERG FILE PHOTO - 557 words
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1079 2004-05-31 12 COMMODITY WeeklyRoundup AFP [LONDON] Oil prices endured another roller-coaster ride on world markets last week, reaching new record highs in New York before sliding amid nervousness ahead of an Opec meeting this week. A weaker dollar, meanwhile, gave a fillip toAFP - 1,079 words
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Page 11 Advertisements
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Advertisement1275 2004-05-31 11 I Notices 5 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF IXEL PTE. LTD. (In Members' Voluntary Winding-Up) RESOLUTIONS PASSED ON 26TH DAY OF MAY 2004 At an Extraordinary General Meeting of the Company held at No. 6 8 Lorong SSI3/3C Subang Industrial Estate1,275 words
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Advertisement340 2004-05-31 11 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF BONDWELL FOOD PTE LTD (PROVISIONAL LIQUIDATORS APPOINTED) STATUTORY DECLARATION BY DIRECTOR OF COMPANY'S INABILITY TO CONTINUE BUSINESS BY REASON OF ITS LIABILITIES Name of Company: BONDWELL FOOD PTE LTD Company No.: *****7458E The Registrar of Companies340 words
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Advertisement116 2004-05-31 11 Seminar: Warrants, a trading instrument Deutsche Bank and SGX will be conducting four seminars on warrants on June 9,15,16 and 23. Admission is free. Venue: 2 Shenton Way, SGX Centre. To register, please contact SGX: Tel 6236 8777, Fax 6533 4310, email marketing@sgx.com Timing for the seminars: Warrants Indicators: Gearing,116 words
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Article, Illustration977 2004-05-31 12 FINANCE COMMODITIES Week ended: May 28 PRIME LENDING RATES BANKS Credit Suisse S'pore 5 ABN Amro Bank NV 5.25 Dexia Banc 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 Bank977 words
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Article1615 2004-05-31 12 SICOM FUTURES May 28 RUBBER Futures (Closing prices) RSSKS certs/kg) Close Volume Open Month High tow Sett (tonnes) Interest Juo 04 236.50 Jul 04 234.75 Aug 04 ***** Sep 04 234.50 Oct/Dec 04 233.25 Jen/Mar 05 235.00 RSS 3 (US cents/kg) Volume Open Month High low Sett (tonnes) Interest1,615 words
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Page 13 Advertisements
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Advertisement270 2004-05-31 13 CONDUCTED BY: LARSHANSEN Head of Group Operational Risk, The SEB Group, SWEDEN 30th June 2004 Holiday Inn Park View Singapore 9am-spm S$ 590 nett 1 AlurM contents! OPERATIONAL RISK MANAGEMENT OVERVIEW QUANTIFICATION What is Operational Risk management? Risk adjusted performance measurement (RAPM) Development of Operational Risk measurement and management Quantification270 words
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Advertisement209 2004-05-31 13 I lu- most popular outdoor arts event in Singapore." SIM.APOKI mw 0 J* IL m JPI 4- 6 June &11- 13 June 2004 Fort Canning Green, 7.30pm (Picnic from 5.30pm) D I S C 0 U N T S C H E M E S 20% discount for purchase of209 words
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Advertisement131 2004-05-31 13 1 MERI TU S MANDARIN SINGAPORE T \Jenetifln "&ddA fr Jim AStrenDmy 31 May -13 June 2004 ?^Jf&s£S SO<ts Umch $38'perperson Embrace the romantic spirit (inclusii>e of selected house specialities) of the Veneto region of Italy with its delectable cuisine dished Set Dinner out by renowned Guest 6.30pm to 10.30pm131 words
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Page 13 Miscellaneous
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Miscellaneous212 2004-05-31 13 CRYPTIC CROSSWORD 27 Old German prince, a choosy individual (7) 8 Sort of thing that is assumed gets double (5) 28 Long-lived oriental bird a when retiring (7) YESTERDAY'S SOLUTION pound only (7) 15 Standing by for a lengthy Dartv (a) Across: 7 Octopus, 8 Actions, 16 A game cut212 words
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Page 14 Advertisements
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Advertisement1250 2004-05-31 14 28^822^Em«l]^oticMO«p^oaM SBANCADIROMA T (INCORPORATED IN ITALY WITH LIMITED LIABILITY) CONDENSED BALANCE SHEET (amounts In euros) A»MI» 31 December 2003 10 Cash and balances with 446,159,657 central banks and post offices 20 Treasury securities and other securities 579,965,606 eligible for refinancing with central banks 30 Loans to banks 8,560,462,417 40 Loans1,250 words
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Advertisement1560 2004-05-31 14 -j&£ ~ft ~|bnm 3& j x ji; vv To idvcrtiw csil toll-free 1800 289 8822 Email: noticcs@sph.com ss The Royal Bank of Scotland Head Office: 42 St Andrew Square, Edinburgh EH2 2YE The Royal Bank of Scotland Singapore Branch: 50 Raffles Place, #08-00 Singapore Land Tower, Singapore *****3. Tel: 65-6416-86001,560 words
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Article6920 2004-05-31 15 Week ended: May 28 52-Wk T«l Last Vol Week Last Quote GrDt* Wv GfYM IM MCap Wigli Law Code Company Sale +J- ("000) Htfi Law lnyr SdUr Cw W M 25.5 5 5716 1st Software 5c 11.5 +0.5 5812 12 11 113 12 45.6 573 32.9 5834 A-SonkSc6,920 words
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Article72 2004-05-31 15 U-Wk Td Last Vol Weak Lact Quote GrfWv Div GrYW Net MCao HNfc l—f Code Ciwum Sate W- CWP) HI0I Law >»y«r SaBar Cw WE 2060 2000 6065 Diamonds US2060cd 2120 6095 15 DJ US Tech US3740 6097 IS MSCI Spore US555 6101 IS SAPSOO US8270 ***** 965072 words
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Article2069 2004-05-31 15 U« Tel UM Vol «M Last Quote GrOtv On GrYld Nat MCan HI# Code Sate W- COCO) law —fm Sdkr Cw Pff Sw» 26 11.5 5000 ABRHIdgsSc 12.5 -2.5 5 12.5 12.5 12 15.5 24.1 42 163 2101 APOilScl 29.5 +1 60 29 5 27.5 27.5 28.5 52,069 words
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Article340 2004-05-31 15 S2-Wk Tel Last Vol Weak LMt Quote Gftt* Div GrVM MM MCap Low (mt» Cuapiay Sate W- rw> HHfc Low War* Cw WE two 228 129 6000 AVJenmngs A2St A199cd 20 658 208 199 199 200 40 8.8 5 7.5 428.3 6001 Cathay Rac 20c HK720 265 2.1340 words
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BizIT
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Article, Illustration721 2004-05-31 16 Raju Chellam - International Data Group is beefing up its investments and headcount in the region, company chairman Patrick McGovern tells Raju Chellam Raju Chellam SINGAPORE'S foresight and agility will enable it to take advantage of the next technology breakthroughs, predicts Patrick McGovern, founder and721 words
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270 2004-05-31 16 ON Feb 28, 2000, Patrick McGovern and his wife, Lore Harp McGovern, pledged US$35O million over the next 20 years to the Massachusetts Institute of Technology (MIT) to set up the McGovern Institute for Brain Research. The previous largest gift to a university was US$3OO270 words
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283 2004-05-31 16 AFP [SINGAPORE] Asia's chip foundries are making a strong comeback in 2004 after three lean years as demand for electronic products booms and semicon makers increasingly outsource production. The Asia-dominated global foundry market, which generated revenues of US$l3 billion in 2003, is tipped toAFP - 283 words
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Article, Illustration346 2004-05-31 16 Amit Roy Choudhury - Fujitsu Asia's revenues expected to be $1b by 2006 By Amit Roy Choudhury FUJITSU Asia, a unit of Japanese giant Fujitsu Corp, plans to double its revenues from IT products and services such as systems and network integration, data centre operations, outsourcing and346 words
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IT TAKES
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Article66 2004-05-31 16 SAMSUNG Electronics has launched a sports oriented MP3 player. The YP-60V comes with a sports and health function sensor that lets users monitor their heart rate and count the calories burned, among other features. The gizmo costs $469, uses 256 MB flash memory and a66 words
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Article39 2004-05-31 16 SINGNET has launched its new Broadßand 1,500 kbps Unlimited Plan, targeted at residential customers. The plan comes with features such as Sing Net Supplementary Email Account, Anti-Spam, and Email Virus Scan. For details, visit www.singnet.com.sg.39 words
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Article56 2004-05-31 16 STARHUB'S recently launched missed call alerts service for its post-paid mobile customers is now available to its Green pre-paid mobile customers. The service allows pre-paid mobile customers to receive SMS alerts when they miss their calls from Singapore while roaming overseas. This service is available free56 words
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Article40 2004-05-31 16 MICROSOFT Corp has introduced Microsoft Office 2004 for Macintosh users. The Office 2004 for Mac Standard Edition costs $749 while the Student and Teacher Edition costs $269. Both are available in Singapore. For details, visit www.microsoft.com/mac.40 words
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Article49 2004-05-31 16 MACROMEDIA Inc has announced the availability of Macromedia Flash Player 7 for Linux. This version offers improved performance and security and powerful new development capabilities. It is bundled with Linux operating systems distributed by Novell, Red Hat, Sun Microsystems, and Turbolinux. For details, visit www.macromedia.com/go/flashplayer.49 words
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Article63 2004-05-31 16 CRIMSONLOGIC said it has completed Singapore's first successful test implementation of the ebXML (Electronic Business using extensible Markup Language) Message Service. It has received an interoperability certificate from the ebXML Asia Committee for the project. ebXML provides companies with a standard method to exchange business messages, conduct63 words
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Article91 2004-05-31 16 Amit Roy Choodhury - BroadcastAsia CommunicAsia Compiled by Amit Roy Choodhury BROADCAST ASIA2OO4 and CommunicAsia2oo4, organised by Singapore Exhibition Services, will run at the Singapore Expo from June 15 to 18. The events are one of the components of the five-day Infocomm Media Business Exchange (imbX), which is set to attract 30,000 visitors to91 words
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Article, Illustration398 2004-05-31 15 Tang Weng Fai - It wants regional revenues to reach US$100m in next three years By Tang Weng Fai US-BASED semiconductor distributor Nu Horizons Inc is beefing up its Asian operations to take advantage of the uptick in the global demand for chips and components. For its last398 words
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184 2004-05-31 15 Xinhua [HANOI] Vietnam will construct two submarine fiberoptic routes linking the country with Hong Kong and Singapore. It will pour some US$l5O million into building a new route to Hong Kong with a capacity of 10 Gbps, the Youth newspaper said. Construction of the second route,Xinhua - 184 words
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Article214 2004-05-31 15 Chia Boon Chong - mail IT Chia Boon Chong Senior Corporate Communications Manager SingTel I REFER to the article "Don't ignore the Soho market" by Bryan Tan (BizlT, May 24). Mr Tan wrote that telecom service providers have tended to focus on the residential and corporate markets and have not214 words
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Article58 2004-05-31 15 Jason Cheng - Jason Cheng Global Communications Department KDDI Singapore Pte Ltd THIS refers to the article "Hello World, Asia Calling" by Manoj Menon, published in the Frost Sullivan Technology Awards supplement (BT, May 28). I wish to clarify that KDDI is not a South Korean company as58 words
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Page 16 Advertisements
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Advertisement448 2004-05-31 16 |H iX 2004 V™THE 3RD REGIONAL INFOCOMM CONFERENCE KEYNOTE SPEAKERS Here's your chance to get into the fast track of the hottest issues KM&.., involving business and technology today. iX 2004 brings together 30 leading speakers from the USA, Europe and Asia to give you fresh insights into the issues448 words
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SHIPPING TIMES
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Article, Illustration847 2004-05-31 17 Donald Urquhart - Urgent need to engage govt agencies in shipping affairs stressed By Donald Urquhart [SINGAPORE] There is an "urgent need" for the Asian shipowning community to work more closely with national governments to ensure the Asian voice is more clearly heard in the847 words
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Article343 2004-05-31 17 Contributed by Simpson Spence Young DRY CARGO: THE main talking point this week is not so much the sales activity, but the decision made by the International Maritime Organisation (IMO) on double hull regulations. All previous indications had suggested that double hull would become mandatory for dry bulkContributed by Simpson Spence & Young - 343 words
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Article293 2004-05-31 17 SGX '000 May 28 SS W- Vol CH Offshore .0.37 0.01 790 ChuanHup 049 -0.01 1231 Casco Investment .0.79 -0.01 ***** CWT Distribution .0.49 0.01 40 EzraHklgs 0.99 0 01 121 Freight Links .0.10 unch 47 GB Holdings .0.81 unch 167 Jaya Holdings .0.83 unch 2310 K1 Venture293 words
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Article240 2004-05-31 17 Reuters [OSLO] Norwegian tanker group Frontline reported a weaker-than-expected 19 per cent jump in first-quar-ter net profit and said it planned to divest all its Ship Finance unit in 2004. The group, the world's largest independent operator of very large crude carriers (VLCCs), said netReuters - 240 words
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105 2004-05-31 17 [SINGAPORE] Singapore government authorities and the police have begun investigations to determine the cause of Saturday's oil tanker fire at Keppel Shipyard which killed seven workers. The Portu-guese-registered ship Almudaina caught fire while in dry dock, killing two Malaysian and five Indian workers105 words
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PORT Shots
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98 2004-05-31 17 Bloomberg [TOKYO] A joint venture between Mitsui OSK Lines, Japan's largest tanker owner, and China's Sinotrans Ltd bought two very large crude carriers for US$6B million, said shipbrokers, including London's Clarkson pic. The venture, M S Tanker Shipping, bought the tankers, named Ness andBloomberg - 98 words
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Article69 2004-05-31 17 Bloomberg [OSLO] Teekay Shipping Corp, the world's biggest oil tanker operator by market value, ordered three liquefied natural gas carriers worth a total of about US$5lO million after winning contracts to ship fUel from Qatar, shipbroker Fearnleys said. South Korea's Daewoo Shipbuilding Marine Engineering CoBloomberg - 69 words
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Article, Illustration851 2004-05-31 18 David Hughes - DOCKYARD By David Hughes MUCH has been written recently about the big growth in the LNG fleet expected over the next few years and the implications for the shipbuilding industry. For example, the UK's Ocean Shipping Consultants expects the currentFILE PHOTO - 851 words
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Article189 2004-05-31 18 PAGE Alianca 3 AAL 5 Avant 6 Bank Line 4 B'tang Mas 5 BSA 4 BTL 6 Cargoways 6 CMACGM 3 COSCO 3 China Shpg 5 Confer 6 Crocodile Line ....4 CWT Globelink ...4 Delmas 4 Dongnama 3 EP Carriers 6 ECL 3 Eng Lee 6 ESP189 words
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Article10439 2004-05-31 23 THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyaqe Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number 23/06 19/07 Alianca ALIANCA SINGAPORE 403W 65-*****141 To ABIDJAN (ABJ) 2003 Cot* D'lvoir# 07/06 17/07 China Shpg MERKUR BRIDGE 4005W 65-*****898 09/0610,439 words
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SHIPS IN PORT
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Article467 2004-05-31 25 Vessel Voy No Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL ER SYDNEY GA022E J16/17 A/SIDE 31/05 1300 HOSEI PEARL 003 J5 A/SIDE 31/05 1500 PACIFIC EMER 03A/04 J10/11 A/SIDE 31/05 2359 RIMBA TIGA DENNIS 1 J11 A/SIDE 31/05 0800 UNION STAR28 07/04J J13 A/SIDE 31/05 2359 ANGGADAII 01/04J J3467 words
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Article1375 2004-05-31 25 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vessel Out In Bth Berthing Un- Berth Name Voy seq berthing Nmbr ACX DAHLIA 076N 076N 1 01/06/2004-08:00 01/06/2004-22:00 ACX MARIGOLD 014N 014N 1 31/05/2004-02:00 31/05/2004-11:00 B04 ACX RAFfLES 091S 091S 1 01/06/2004-07:00 01/06/2004-20:00 AKSOY TRUVA 0417 0416 1 31/05/2004-01:00 31/05/2004-07:00 K12 ALAMJAYA1,375 words
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Article142 2004-05-31 25 May 30 Germany: Whit Sun. Netherlands: Whit Sun. Norway: Whit Sun. Switzerland: Whit Sun. May 31 Belgium: Whit Monday. Brunei: Anni Royal Brunei. France: Whit Monday. Germany: Whit Monday. Netherlands: Whit Monday. Norway: Whit Monday. Sweden: Whit Monday. Switzerland: Whit Monday. UK: Spring Bk Hoi. US: Memorial Day.142 words
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Article812 2004-05-31 25 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average sized stem. Market movements are indicated. The Cockett Bunker Price Index change and812 words
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Article627 2004-05-31 25 Carbon 180 Max 989.6 0.6 14.2 0.06 46 0.04 May 27 Density Water Residue AshAlumlnlum Sediment No above E25 0 0 0 0 0 0 380 Ave 986.8 0.2 13.6 0.04 30 0.02 Exxon 380 Max 993.2 0.7 17.7 0.07 68 0.07 KC/M'3 s v/v s627 words
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AIR & LAND transport
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Article, Illustration656 2004-05-31 26 Recertified model for shorter routes aims to take on Boeing Dreamliner Bloomberg [TOULOSE, France] Airbus, the world's biggest planemaker, may try to recertify its A 330-220 for lighter loads and shorter distances, a move that would save airlines money, to compete with Boeing'sBloomberg; FILE PHOTO - 656 words
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203 2004-05-31 26 AP [SINGAPORE] Singapore and China beefed up their air links with a fifth passenger airline from the mainland starting flights to the Republic. Shandong Airlines flew its maiden international flight into Singapore's Changi Airport on Saturday afternoon. It will be followed by aAP - 203 words
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147 2004-05-31 26 AP [PARIS] The deadly roof collapse at a terminal in Paris' Charles de Gaulle airport may force authorities to transfer some airlines to a smaller airport nearby, a top airport official said. Pierre Graff, president of the Paris airport authority,AP - 147 words
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Article, Illustration48 2004-05-31 26 [BANGALORE] Saras, a prototype of India's indigenous civilian aircraft built by National Aerospace Laboratories, lands at Bangalore airport on Saturday. The 14-seater multi-purpose aircraft, which can be used as an executive jet andforcourier services, flew for 30 minutes during its maiden flight. REUTERSREUTERS - 48 words
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452 2004-05-31 26 Service starting next year will offer 25% cheaper fares to Middle East and S-E Asia [NEW DELHI] India's national carrier Air India joined the low-cost carrier fray sweeping across Southeast Asia when it announced on Saturday that it too will launch a new budget452 words
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Article2055 2004-05-31 26 cmr aiGMT n* flight no IM77) —2*) 7 Mri $0403 0730 EM05 0210 S0230 1840 EMM 1405 EM31 0325 ««3 0605 6*974 0130 $0428 2325 2«5 *CW1 0630 1X9765 1345 trnUmt EM05 0100 CK404 1520 LM ?I« A c ei\ym mm S0Z5 0630 uiTry Z305 S>2S22,055 words
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Page 17 Advertisements
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Advertisement104 2004-05-31 17 More shipping notices on backpage CaO toll-free 1800 289 8822 Ik Established shipbrolting company has the following vacancy;- imnssssmssm |h The candidate should have a minimum of 5 ft^ years experience and success with significant H tanker chartering accounts. The position offers K a competitive salary and bonus system M104 words
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Advertisement239 2004-05-31 17 SOUTH EAST ASIA AND SOUTH ASIA AUSTRALIA TRADE FACILITATION AGREEMENT NOTICE TO TRADE BUNKER ADJUSTMENT FACTOR (BAF) Arising from the regular review of bunker prices, the following Lines in the South East Asia and South Asia Australia Trade Facilitation Agreement wish to inform the trade that with effect from 1239 words
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Advertisement67 2004-05-31 17 Airbus plans to offer a lighter A 330-220 BACKPAGE Sail around the I tTtliWtlmlMfflMl tliilZM fil/i y /^Mi BT Hartford is a leading education provider listed on the Singapore Exchange (SESDAQ) J| bjaanaaad *v» c flß\ PROFICIENCY IN SURVIVAL CRAFT RESCUE BOAT For more details about our STCW courses, please67 words
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Page 18 Advertisements
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Advertisement29 2004-05-31 18 ffllffiMsß» J hHHE ;<e lag I■* §*3P* Jfl^Hj mH pP| I WH Ijt fc. Jjfl -a MH v ~Mgfl K -oBf s J9HHH. P WMT S^rS^liWiv' jj y < tP%Swn'i»29 words
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Advertisement547 2004-05-31 18 Lines services represented by jfeiSSkgt Members of the Registry of fcjEsVaf Accredited Shipping Agents, x°«m "y Singapore Shipping Association Members of the Singapore Logistics Association CONTAINERS/ XOV/ CONVENTIONAL CARGO FK* PORT KUNG/SMGATOM/jAKARTA I BANGKOK VOY ETA PKL ETA SIN ETA MALE KotaTeguh XTGI27 02*06 1206 Maid Carrier 747 09/06 06/06547 words
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Page 19 Advertisements
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Advertisement759 2004-05-31 19 MOL Combines a range of shipping modes to ensure timely, reliable services covering major ports in Nortti America, Europe, Japan, Asia, Africa Oceania. Also ytp* Intra-Asia CvfMS tK For Schedules, BL Searches, and Container Tracking, visit on our Home Page: TMMIhB TO ADVERTISE, CALL JOE WONG AT 6319 2062 OR759 words
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Advertisement2218 2004-05-31 19 HEW WEEKLY "ADX" SERVICE TO EAST MEDITERRANEAN ON EVERY FRIDAY SINGAPORE TO ISTANMJI -IS DAYS GENERAL AGENTS IN SINGAPORE 16 RAfFUS QUAY #36-41 SAIiS/IKGS TIL *****457/43 FAX: *****321/24 costar ahSrwnb wi itd saasar 5832 S a*" 0 to twssauhhki -udays ™!T" m= gn I SINGAPORE TO IZMIR -18 DAYS COSTAR2,218 words
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Page 20 Advertisements
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Advertisement1970 2004-05-31 20 Ktrl DEL MA Q ENQUIRIES/BOOKINGS: *****344 FAX: *****433 E-MAIL: d*lma«M»lmas.coin.ifl PmM DOCUMENTATIONS/OPERATIONS: *****637 FAX: *****177 MUMS WIST tfUCI KWBI tmttt ffltVKI TO KWTH/WBT AFRICA IVESSEI VOY SIN REUNION lUANDA PQINTE NOIRE MATADI UIREVIIIE ABIDJAN TEMA LOWE TINCAN COTOMOU APAfA DOUALA ONNE TAKORAN WtA UI Q*/ 06 "/O* 14/07 02/07 12/071,970 words
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Advertisement693 2004-05-31 20 I bsa a I MYANMA FIVE STAR LINE (Myonmor National Line) I Loading for Yangon VESSEL YOY SIN PKL PEN PGU PAGAN 328W SLO HPA-AN 320W SLO SLO IN MALAYSIA: IOUSTEAD SHIPPING AGENCIES KUL 03-*****300 PKL: 03-*****101 PEN: 04-*****02 A™™ ACCEPTINB CONVENTIONAL C6O VESSEL VOY HKG SIN PGU PKL KIK693 words
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Page 21 Advertisements
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Advertisement1241 2004-05-31 21 OY ISINl 5IN PKI DXB BAB pmm bik ichabahar ikhorramshahr IRAN ISFAHAN PCL37I 06/06 SKIP 15/06 16/06 23/06 25/06 27?06 29/06 IRAN SATTARI PCLBO34 12/06 13/06 22/06 23/06 30/06 02/07 04/07 06/07 IRAN SHAHRYAR PCI 8035 20/06 21/06 30/06 01/07 08/07 10/07 12/07 14/07 IRAN SATTARI PCL 8036 04/07 05/071,241 words
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Advertisement483 2004-05-31 21 UK CONTINENT SERVICE Loading for KEELUNG RTM/ATW/B M N/U K/N AN Loads Singapore, EVW. Malaysia, Indonesia MIDDLE-EAST SERVICE Loading for PAN VOYAGER DBI/ABU/DOH/BRN/DMM/KWT PAN BRIGHT ADN/HDD/JDH/AQA PLAMER DBI/ABU/DOH/BRN/DMM/KWT •Loads Singapore, E7W. Malaysia, Indonesia USA SERVICE Loading for SPLIT CAM/NOL/NFK/SAV/TPC SIFNOS BAY CAM/NOL/NFK/SAV/TPC TAUROA POINT VCW/LAX/MZL 'Loads E7W. Malaysia, Indonesia F.E./S.E.A.483 words
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Advertisement639 2004-05-31 21 -Ii»EL VOY JIN POU KiSi M 31/05 ALAKUAYA 2 SftSfi 30/05 oi/ot }||1S 01 m MATMAMKP SfiflZ Sim 03/Q6 I|2|N 02/06 03/06 PAC lIHTAh mil 03/06 06/04 JALIAffiA 1222S Sim 04/06 ALAMJAYA 2 MW 06/06 0»/06 PAC lANOA 1225N 07/06 07/06 7:1 n M 1 i M 3 > J639 words
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Page 22 Advertisements
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Advertisement689 2004-05-31 22 ■WPiPI TIGER PEARL 191N 04-05/06 10 12/06 17-18/06 I ■ttHUI TIGER SKY 192H 07-08/06 13-14/06 20-21/06 I i "■TIGERS 193N 08-09/06 15-17/06 22 23/06 1 ■■MNM TIGER WAVE 194N 13-14/06 19-20/06 26-27/06 I |M TIGER PEARL 195N 17-18/06 23-25/06 30-01/07 1 ■Pg#fI|xP*ESLHOTSE 602 04-05/06 13-15/06 I BUaUIUj BALSAM 156 08-09/06689 words
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Advertisement728 2004-05-31 22 <m FREIGHT LINKS EXPRESS PTE,LTD* jgsl Penjuru Road, 3 Level, Express Logisticentre, Singapore *****3 LATIST LCL SHVICI''TOBAMATIRAQ LCL MRVICI TO CHIN* IK'>4b^B||l DALIAN XIAMEN QINGDAO FUZHOU YANTAI PLS CALL FOR BOOKING 6267 4694/5535/5541 /5508/5514/5551 /5560/5563/5565/5569/5553 PROJECT Gr HEAVY LI FT CARGO Lawrence Lim 6267 5555. H/P: 9749 1977 lawrence@flesin.com.sg Adrian728 words
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Advertisement193 2004-05-31 22 PSM PiNCON SHIPPING ft MARINE SERVICES PTI ITDI I Sam M. «H>7 Shm Cm, StapfOT 2252 M T t> 4siB| lh f lf M374n aite h" 3 I vca vot aw Mr vor ~7 maw Mr GOLWSTM 1974S 30 0 5 2004" SUM 1974* *31 '05 2004 MOM GODCNSTM "S7SS193 words
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Advertisement1175 2004-05-31 22 (1 I f). Spon Agents: lAL ttUf Aaoacv (S) Pte lid (CD NO: 165M*****0Z) Snletasia Mines SUPER TO HONQ KONQ A JAPAN I VDY I OSK I »0I ISM I TTO 1 TOK I HKO I W IS6M WSSB |WnwnßSnMM^os^ons^ffnY^ MO5 '6/05 17/05 11/05 U/05 20/05 24/05 21/05 30/05 HUDEETKNfTY1,175 words
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Advertisement173 2004-05-31 22 BREAKBULK A CONVENTIONAL SERVICE DIRECT SERVICE FROM S'PORE TO KARACHI I VESSEL I VOYAGt ETA SINGAPORE ETA KARACHI"! I Oiitrnl or substitute I 022KW 10.06.04 70.06 04 o«rtAjrtr SEA-PAC MANAGEMENT PTE. LTD. 70 Anson Rood #17-07/08 Apex Tower, Singapore *****5 Telephone: 6270 0977 II Facsimile: 6275 2309 TeUx: RS *****173 words
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Page 25 Miscellaneous
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Miscellaneous119 2004-05-31 25 Issued by Meteorological Service Division,NEA LEGEND: <C Thunderstorm Wind speed symbols Showers F u circle w/o line indicates calm or light and variable winds R a j n One half fleche represents 5 knots Cloudy Day One full fleche represents 10 knots x Hazy A One solid triangle represents 50119 words
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Page 26 Advertisements
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Advertisement410 2004-05-31 26 NOTICE TO TRADE FEEDER OPERATORS SOC SHIPMENTS FUEL ADDITIONAL The following feeder operators wish to inform the trade that, with the current increase in bunker prices, they have no alternative but to implement a Fuel Additional (FA) to recover the additional costs. The Fuel Additional shall be applicable for all410 words
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Advertisement100 2004-05-31 26 NOTICE TO TRADE SINGAPORE/MYANMAR V.V. PORT KLANG/MYANMAR V.V. SOC SHIPMENTS RATE RESTORATION With the continuing increase in operating costs, including charter hire, the following feeder operators wish to inform the trade that they will restore freight rates by a minimum of US$l5O.OO per TEU with effect from 15 June 2004.100 words
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