The Business Times, 8 June 2004

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Total Pages: 26
1 26 The Business Times
  • 19 1 THE BUSINESS TIMES MITA (P) 023/03/2004 internet. nt'p://business-times.asial .com.sg SINGAPORE *M-j- s '.f Ss TUESDAY, JUNE 8, 2004 85C
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  • 545 1  -  They'll break even if oil prices average US$33 and incur losses at US$36 By Ven Sreenivasan [SINGAPORE] The global aviation industry just recovering from US$3O billion of losses in the past three years now faces the prospect of a US$3 billion loss this
    545 words
  • 378 1  -  BT exclusive Developer understood to have paid about $llm for 55,000 sq ft site By Andrea Tan roped in Breezeway Development as a partner. The two held the assets through an equal joint venture, Delpha Investment. The latest sale to Ridge Investment is
    FILE PHOTO; ARTHUR LEE  -  378 words
  • 409 1  - Bought back at half price Village Centre in Pasir Panjang BT exclusive By Kalpana Rashiwala [SINGAPORE] Simon Cheong has once again lived up to his reputation as the consummate deal maker. Sources have told BT that a company linked to him and his family recently bought The Village Centre at
    409 words
  • 77 1 sn 1,818.00 (+26.30) ST INDEX FUTURES 1*826.00 (+33.00) SIMSCI 221.61 (+3.53) SIMSCI FUTURES ***** (+3.40) Monday Change KLSE COMP 815.73_ 12.91 NIKKEI 225 11,439.92 +311.87 HANG SENG 12;«6.85 +304.21 SET INDEX 625-83 -0.64 JAKARTA COMP _700.79 +2.85 MANILA COMP -7.28 TAIPEI WPI 5.935.82 +210JKI SEOUL COMP 809.45 +28.71 SHENZHEN
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  • 74 1 FOREX RATES US* s$ US$ (S$ per i!S$) 1.706 £(1IS$/S$ per 1.843 3.144 EI!R0(1JS$/S$/E) 1.233 1102 YEN 110.1 6460 KM 3.800 1228 HK$ 7.794 4.569 BAHT 40.57 23.78 Rl.'PIAH 9,350 5,481 RENMINBI 8.299 4.865 INDIAN Rl PEE 45.04 26.40 AS 1.428 0.837 NZ$ 1.594 0.9:14 PRIME RATES SINGAPORE 5.26
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  • NEXT page
    • 636 2  -  Thailand, China bond issues set to follow last week's HK, S'pore offerings From Anthony Rowley in Tokyo THE Asian Development Bank is emerging as a major player in the drive to launch an Asian-wide bond market. Last week it simultaneously launched bond issues
      636 words
    • 486 2  -  City's mayor hopes to tap Republic's experience From Loh Hui Yin in Shanghai SHANGHAI wants to deepen cooperation in port management with Singapore, which, in the view of the Chinese city's mayor Han Zheng, has mature practice in this area. "Singapore has
      ZAOBAO  -  486 words
    • 478 2  -  Banks may have to place more deposits with central bank From Shoeb Kagda in Jakarta WITH Indonesia's macroeconomic stability at risk because of a free-falling rupiah, the central bank moved yesterday to arrest the currency's fall and re-as-sert control over the
      478 words
    • ON THE grapevine
      • 119 2 TELCOS and handphone makers, forget all the talk about 3G or Wifi. According to some analysts, the fight for the consumer dollar is still simply between the clams and the candy bars. And so far, it looks like the clams may win. The
        119 words
      • 208 2 HOW do you increase the birth rate in Singapore? One reader rang up the other day and suggested that Singapore should be less efficient in its electricity supply: major blackouts are known to have led to baby booms elsewhere. Indeed, in a series of articles
        208 words
  • Page 2 Advertisements
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  • SINGAPORE companies
    • 568 3  -  It will redevelop landmark into condo and commercial project By Kalpana Rashiwala MARCO Polo Developments yesterday inked a deal to buy Scotts Shopping Centre and The Ascott Singapore serviced residences above it for $345 million. And Marco Polo confirmed a BT report at
      FILE PHOTO  -  568 words
    • 247 3  -  Chinese telecoms company to raise fonds to build new plant, buy machinery By Joyce Koh IF eight is a lucky number for the Chinese, BTelecom International Holdings must be hoping its name will spell good fortune for its business here. The Zhejiang-based telecommunications company yesterday lodged
      247 words
    • 638 3  -  HOCK lock siew kenneth lim BOUTIQUE bakery chain Bread Talk may be overlooking a golden opportunity by deciding not to use its new halal operation to tap the local market, choosing to focus on exporting its Muslim-friendly food instead. The Sesdaq-listed company said last
      638 words
    • 548 4  -  Market expects company to unveil upgrading of Q2 guidance By Raju Chellam SHARES in Chartered Semiconductor Manufacturing staged a strong comeback yesterday to hit a oneweek high amid market talk that the Singapore-based contract chip maker was about to announce a more bullish
      Source: Bloomberg  -  548 words
    • 227 4  -  By Kenneth Lim NINE days before its offer for outstanding shares in Great Eastern Holdings (GEH) closes, OCBC Bank has made it clear that the offer is final and its terms will not be improved. The bank's announcement yesterday comes shortly after the listed
      227 words
    • 677 4  -  UOB-linked property firms now in the limelight By Angela Tan AS United Overseas Bank chairman Wee Cho Yaw and his financial advisers continue to weigh options for the bank's 49 per cent interest in United Overseas Land (UOL) following two abortive bids by Temasek
      FILE PHOTOS  -  677 words
    • COMPANYBriefs
      • 63 4 AGILIS Communication Technologies, a wholly-owned subsidiary of Singapore Technologies Electronics, has been awarded a contract from OSCMAR International to supply a commercial satellite broadband solution worth $4.8 million for its combat training, simulation and instrumentation products. New Zealand-based OSCMAR is a unit of
        63 words
      • 54 4 PENGUIN Boat International has signed a memorandum of understanding with Malaysia's 8.1. G. Industries Berhad for joint feasibility studies on businesses for fast supply vessels for offshore oil and gas activities, shipbuilding, repair and maintenance, and ferry services. 8.1. G. is listed on the second board
        54 words
      • 65 4 EDUCATION services provider Hartford Holdings said new substantial shareholder and fellow education company Raffles LaSalle received acceptances on just 3,000 shares at the close of its 24 cents a share mandatory unconditional cash offer for all outstanding Hartford shares not already owned or to be
        65 words
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    • 130 3 FOR THE sf: U E s?H M I WN* a ff p i; "A ffi fj Now the world is a smaller place. From 28th June, Singapore Airlines introduces daily 7 LJ't--: p' .4 non-stop flights between Singapore and New York (Newark), saving up to four hours h /'Ttui'*- <■
      130 words

  • Page 4 Advertisements
    • 399 4 HT7 B U J ter L fill I 1„ 1 I Wm' t 1H I MpipE k I Design stud, Furniture Manufacturer Ltd MJ| J* Jl UCSIlin Head Office 8 Sungei Kadut Crescent Singapore *****2 Tel: (65) 6367 0133 Fax: (65) 6366 2612 AA Ml CTliniA Showroom 1 Shenton Way
      399 words
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    • 476 5 Canon THERE ARE MANY WAYS TO GET NOTICED. ONE WAY IS TO USE ITALICS. OR YOU COUED TRY TO BOED YOUR WORDS. YOU COULD EVEN TYPE OUT THE WHOLE SENTENCE USING CAPITAL LETTERS. SOME PEOPLE USE THE UNDERLINE FUNCTION. OTHERS USE A DIFFERENT FONT ALTOGETHER. OR YOU COULD SIMPLY INCREASE
      476 words

  • SINGAPORE markets
    • Article, Illustration
      563 6  -  Compiled by VEN SREENIVASAN THERE has been some confusion about the impact on the STI and the SiMSCI of SPH going ex-all when it starts trading today. Let us clarify. Take 1,000 SPH shares at $20.50. The cost will be 5520,500. After the share split, you will end
      Source: Bloomberg  -  563 words
    • 247 6  - MMM's warrant —a cheap play on shipping HOT STOCK WARRANT By R Sivanithy MOST reports suggest the shipping sector is headed for a turnaround. At least that's the story making its rounds over the past few months, with most analysts throwing in references to China's burgeoning expansion by way of
      Source: Bloomberg  -  247 words
    • 575 6  -  BT comment STOCKS r. sivanithy A NIMBLE day trader could have made decent money in the past couple of weeks by adopting the simple strategy of going long on stocks when the US dollar and oil prices weakened, and going short when
      575 words
    • 620 6 Reuters [SINGAPORE] Asian regional currencies strengthened on Monday, supported by softer oil prices and a weaker US dollar, which hit a two-month low against the euro and fell about one per cent versus the yen. The South Korean won rose to a high not
      Reuters; AFP  -  620 words
    • TRADES TO WATCH
      • 113 6 ACCORD Customer Care Solutions non-executive director Gay Chee Cheong (above) bought 100,000 shares in the open market yesterday at 59 cents apiece, raising his direct and deemed stake in the customer support specialist to 5.99 per cent from 5.98 per cent. ACCS shares gained one cent
        113 words
      • 81 6 TYRE distributor YHI International's managing director Richard Tay increased his holding by 150,000 shares last week and he now has a direct and deemed stake of 61.88 per cent, up from 61.86 per cent. On Thursday last week Mr Tay bought 80,000 shares at $1.03 each
        81 words
      • 54 6 UNITED Pulp and Paper (UPP) substantial shareholder SSP Innovations, a subsidiary of main-board-listed investment company Rowsley, bought 600,000 shares in the open market on Thursday last week and raised its stake to 6.03 per cent from 5.51 per cent. UPP shares climbed 2.5 cents
        54 words
      • 83 6  -  Compiled by KENNETH LIM DISK-DRIVE component maker Lafe Technology's chairman and chief executive Christopher Wing-On Ho accumulated shares last week. He bought 220,000 shares in the open market on Tuesday and Thursday at 17 cents apiece. Then on Friday he bought 192,000 shares in
        83 words
    • Article, Illustration
      421 6 OTHER SINGAPORE INDICES Jun 7 VALUE CLOSE BTOB/OS 148.00 -15.00 BTGAM -*****.00 +178.00 BT 10-day MA -*****.00 +15.00 AH-SG Equities 485.12 +6.92 SG Equities Elect 165.43 +4.57 SG Equities Fin 1512.33 +20.87 SG Equities Prop 407.77 +8.49 SJMSCI 221.61 +3.53 SiMSCI Futures 222.80 +3.40 Stocks Volume SingTel 15c 22,699,000 HTL
      421 words

  • SMALLcaps
    • 819 7  -  But while it manages to stay profitable, the future is challenging, reports KENNETH LIM KENNETH LIM RADIANCE Electronics, whose stock shot up 76 per cent on its Sesdaq debut in June last year, lost quite a bit of its lustre months later on news that a
      FILE PHOTO  -  819 words
    • 441 7  -  By Teh Hooi Ling THE Singapore market was revived after investors were lured back into the market by a drop in oil prices and firmness in overseas markets. In line with the market, our small cap portfolio edged up 0.3 per cent. This
      441 words
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    • 187 7 A PERFECTLY PACKAGED WELCOME TO BEIJING t wyifflHto f. ,4^^ {HE M C| U LA j? |||^HB|U^H« 1 I w IIIL' 1 i fraPf '-IHHH^HR -v, t '-.ji^ iE if '^^HHBiMßliiaHiißag I t" Jp« mMwI Rates from USsl49* are Perfectly Packaged with breakfast and Mercedes-Benz airport transfers Indulge yourself in
      187 words

  • FOCUS aviation
    • 482 8  -  By Donald Urquhart THE network or mainline carrier model is "broken" and cannot sustain its cost base, said the chief executive of Europe's second largest low-cost airline at the International Air Transport Association (lata) annual meeting yesterday. Delivering his prognosis during a panel discussion,
      482 words
    • 598 8  -  Goh Chok Tong urges reform of air transport regulation, reports Ven Sreenivasan Ven Sreenivasan SINGAPORE'S connectivity and hub status are of higher national priority than the country's national airline. Prime Minister Goh Chok Tong spelled this out in his keynote address at
      TAN SUAN ANN/ST  -  598 words
  • Article, Illustration
    1083 8 Transaction date. Jun 7 XMTERBAMX CROSS RATES gjg— A$ C$ iwfc Uw 1 m*t N»U> Yw Ion «H Wfc S$ tatf Sir TTTt US$ 1 r !——r. -m j—mmmim AwtralU 0.945 5JW 0.9(8 5.456 ***** 65.455 0.771 8.115 2.660 Li* 40.463 39.052 1.194 4.513 0.865 23.441 28.398 0380 0.700
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    • 1232 8 Drake Executive Search provides you with the expertise to match quality executives Professionals and Managers from middle to senior management positions, within your industry Our consultants bring a wealth of experience, assisting you in your search for the highest calibre of professionals and managers while allowing you to remain focused
      1,232 words

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    • 46 9 Ifl I M >t» 11 <^at The way to better business solutions. 1800-888 8888. www.starhub.com/business obile table IV MEETING THE NEEDS OF YOUR BUSINESS WITH: Online ffr MOBILE IDD DATA IP/INTERNET MOBILITY SOLUTIONS INFORMATION AND ENTERTAINMENT SOLUTIONS IDD MANAGED SERVICES SECURITY SERVICES BUSINESS SERVICES r Business
      46 words

  • SINGAPORE news
    • 330 10  -  By Amit Roy Choudhury SALES at this year's PC Show were more than double those last year as the number of visitors increased 40 per cent. According to Jimmy Bong, managing director of show organiser Lines Exposition and Management
      330 words
    • 525 10  -  But high oil prices, China slowdown, US rate hike may take toll in 2005 By Daniel Buenas SOUTH-EAST Asia's growth is unlikely to be badly affected by surging oil prices, a China slowdown or higher US interest rates this year, according to
      525 words
    • 491 10 New focus comes amid piracy surge in Malacca Strait Reuters THE broadening of the Five Powers Defence Arrangements (FPDA), set up in 1971 primarily to protect Malaysia and Singapore from invasion, would add counterterror operations to the group's annual joint military exercises. "There will be
      Reuters; RKUTERS  -  491 words
    • 243 10  -  EYE on the economy manufacturing By Joyce Koh THE rise in May's purchasing managers' index (PMI) points to the "gung-ho" attitude of manufacturers here, but tighter financial conditions could still dampen sentiment, according to a report by Citigroup Global Markets. A surge in non-electronics output petrochemicals,
      243 words
    • 265 10 IN a move to tap into Asia's fast-growing asset securitisation business, ABN Amro has beefed up its operations with a string of appointments to its Asian team. "Securitisation in Asia continues to evolve, with greater emphasis on valuebased solutions that focus
      265 words
  • Page 10 Advertisements
    • 380 10 Lianhe Zaobao I China-funded I Compelling Vision Icomjtelling Vision^HHMl I j*-I <£EiGATEO4 tiom-ou T«*Ot IUCMUMOt 19-23 July 2004 Global Buyers Network Shangri-La Hotel Singapore GATEO4 The World-class Platform that Connects Asian Suppliers to Global Buyers If you supply components and electronic parts to the Automotive, Consumer Electronics, Medical Devices, Photonics,
      380 words
    • 163 10 THE UAHWK, S«VKI PHOVtDU IT TM WfOHMATKS MOW t ■j IIiMHHHBHHBHHH A MACQUARIE UNIVERSITY, AUSTRALIA Master of International Business MACQUARIE Po **>M'*Y of dual Masters degnee with 6 months further study. Transferable la campus. (Conditions apply/ Programme features] Fußy recognised qualification from one of Australia's leading universities Professional and highfyqualified
      163 words
    • 341 10 nCal trikfo UN W 8822 In Hn Matter of TKe Companies Act, Cap. 50 And In the Matter of LHR MARINE PTE LTD (In Voluntary Liquidation) MEMBERS' VOLUNTARY WINDING-UP At on Extraordinary General Meeting ol the members of the above named Company duly convened and held on 4th June 2004
      341 words

  • FOCUS property
    • 856 11  -  MAIL bag Tay Boon Sun for director corporate development Housing Development Board WE refer to your report, "Government should rethink new HDB flat supply: Don" (BT, May 28). Prof Chua Beng Huat in his May 27 speech claimed that the government's "100% home ownership policy" distorted
      856 words
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    • 1002 11 For Sale By Tender, Prime Freehold Residential Sites i^.°SoT rd So SS r T s t Riveria View 920 Novena mrt Surre y Mansions wtsma N 9« River Valley Grove Noven |T —6 Surrey Road I Atria Land area- S t mww. Land area Orchard 14,057 sq ft 6,969 sq
      1,002 words
    • 811 11 */flBv Jones Lang W LASalle Near Paya Lebar MRT Station •8-storey freehold office "A building with a basement rnn 3 carpark post centm I' 9 \PAYAL£BAK L* MmjfQ-fi r|M •Total Site Strata Floor Area: \E3f 18,020 31,926 sq.ft. (approx) B \t\ KATONG CPIX •Suitable for corporate HQ/ education centre or
      811 words
    • 528 11 IQE Debenham HI Tie Leung m mm 11 h'ap»t) j+Amn ?T FOR SALE No. 3 Leng Kee Road Part 1 part 2-storey car showroom/ workshop cum office Land area: 1,506.6 sq m 99 years leasehold Sale on "as is where is basis" No. 19 Leng Kee Road 5-storey car showroom
      528 words

  • EDITORIAL & opinion
    • 739 12  -  THE bottom line OPINION shada islam THE European Union is gearing up for a heady few weeks as, in quick succession, the newly-expanded 25-na-tion bloc holds its first-ever transcontinental elections to the European Parliament, EU leaders convene for summit talks to try and clinch a new
      739 words
    • 50 12 The lessons of Iraq should be clear to us: ill-prepared liberators do make mistakes and the failure of good intentions can cause great damage to social and political stability.' Najib Ton Razak Malaysia's Defence Minister, on the use offoreign forces in fighting terror threats in Southeast Asia.
      50 words
    • 536 12 EDITORIAL IT is a sign of the times that Ryanair Holdings, Europe's biggest low-cost airline, shocked the market recently when it announced its first-ever quarterly loss since it was listed in 1997. Company officials blamed the threat of terrorist attacks, a weak pound sterling,
      536 words
    • 1069 12  -  Jobs lost by outsourcing are offset by jobs created by insourcing and by purchases of industrial countries' goods By Raghuram G Rajan, Shang-Jin Wei EVERY decade or so, developed countries develop a crisis of confidence: if jobs keep migrating overseas will there be any jobs
      AFP  -  1,069 words
    • 717 12  - Yuan a bargaining chip for China COMMENTARY By David De Rosa Bloomberg CHINA is petitioning the US to grant it "market economy" status, something that would lead to lowering US duties on a wide variety of its manufactured goods. Common sense would say this has absolutely no chance of happening,
      Bloomberg  -  717 words

  • Page 13 Advertisements
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  • REGIONAL world
    • 547 14 BEIJING Governor's call may signal first interest rate rise in nine years is imminent Bloomberg Reuters CHINA'S central bank governor Zhou Xiaochuan said officials should step up their monitoring of inflation in the latest sign that the country's first interest rate rise in
      Bloomberg; Reuters  -  547 words
    • 219 14 HONG KONG Larger than expected offer will test investor appetite Reuters CHINA'S second-biggest life insurer, Ping An Insurance, plans to raise a higher-than-expected HK516.49 billion (553.6 billion) in what could be Hong Kong's biggest initial public offering (IPO) so far
      Reuters  -  219 words
    • 387 14 KUALA LUMPUR But Thailand's Q1 GDP hit by oil prices, bird flu Reuters MALAYSIAN industrial output for April showed a persistently strong trend, growing 14 per cent from a year earlier and setting the stage for strong secondquarter economic growth, data showed yesterday.
      Reuters  -  387 words
    • 60 14 AP Reuters [NEW YORK] Australian actor Hugh Jackman performing a number from the hit musical' The Boy From Oz'at the 58th Annual Tony Awards at Radio City Music Hall here on Sunday. Jackman, who hosted the show, won the leading actor award in a musical for
      AP; Reuters  -  60 words
    • NOTEBook
      • 66 14 Reuters [HONG KONG] Hong Kong's Housing Authority will finalise plans next month to privatise HK$2O billion (554.4 billion) of assets through a real estate investment trust (Reit), a source familiar with the deal said yesterday. "Tentatively, we see the Reit size worth up
        Reuters  -  66 words
      • 66 14 Reuters [JAKARTA] Unidentified mobs vandalised at least two churches near the Indonesian capital during services and wounded a preacher who tried to stop them, police said yesterday. One local newspaper said four churches were damaged in the incident on Sunday. Police said they suspected the attacks
        Reuters  -  66 words
      • 61 14 Bloomberg [MANILA] The Philippines may build additional oil storage tanks in Subic Bay as part of plans by South-east Asian countries to expand a regional stockpile, Energy Minister Vincent Perez said yesterday. South-east Asian countries that import oil are looking to build stockpiles
        Bloomberg  -  61 words
      • 77 14 Reuters [BEIJING] The world's top carmaker, General Motors Corp, said yesterday it will invest over US$3 billion in China over the next three years and more than double capacity as it raises the stakes in its battle with market leader Volkswagen. GM, which expects
        Reuters  -  77 words
      • 79 14 Bloomberg [KUALA LUMPUR] Halim Saad, the former chairman of Renong Bhd, once Malaysia's No 1 industrial group, has boosted his stake in Seloga Holdings Bhd to 18.6 per cent, making him the single-largest shareholder in the engineering and property group. His holding is valued
        Bloomberg  -  79 words
  • 4363 14 UNIT TRUSTS FUNDS Com S'p<*e Bond Fund/ A Credit Agricole Asset Mgt S'pore Ltd ABN Amro Asset Mgt (S'pore) Indocam Asia Vision!** 0.988/1.038 Star Europe Eqty 1 0 749/ DBS Asset Mat Star Europe Bond 1 2471 Shenton Twin City 1 -255/1.305 Star Europe Bal 1 054/ Japai Growth' 0
    4,363 words
  • Page 14 Advertisements

  • WORLD news
    • 585 15 RIYADH 50 businessmen and their families begin evacuation after more violence on Sunday Bloomberg Reuters ABOUT 50 Japanese businessmen and their families are leaving Saudi Arabia, as the killing of an Irish cameraman and the wounding of his British colleague by gunmen
      Bloomberg; Reuters  -  585 words
    • 499 15 PARIS Verizon launches phone service for GSM and CDMA IHT A HOLY grail of global travellers a single mobile phone and service that can hop between the two major cellular technologies, GSM and CDMA was quietly introduced two weeks ago. The lack of fanfare
      IHT  -  499 words
    • 231 15 LONDON Reuters TRADITIONAL parlour games and so-called "casual" games that dangle cash prizes are the fastest growing segment of Internet gaming, and will push online gaming to a US$2.2 billion industry in the West by 2007, says a study. London-based consultancy Screen Digest said the
      Reuters  -  231 words
    • WORLDWatch
      • 106 15 Reuters [SEATTLE] Microsoft and German business software company SAP held discussions last year about a potential merger but broke off talks a few months ago, the world's largest software maker said yesterday. Microsoft disclosed the talks with SAP because this information is expected to come
        Reuters  -  106 words
      • 93 15 AFP [RIYADH] Saudi Arabia has lifted a ban that kept women from jobs in most fields in what analysts see as a way of fighting extremism and boosting the economy in the wake of the deadly terror attacks in the kingdom. The Saudi cabinet,
        AFP  -  93 words
      • 77 15 Reuters [FRANKFURT] Deutsche Bank AG is not in merger talks with Swiss rival Credit Suisse Group or any other bank, sources said yesterday. A source close to the bank said that Deutsche had been approached by two of Britain's biggest banks, Barclays Pic and
        Reuters  -  77 words
    • 501 17 MARRAKESH, Morocco 73% of those polled say it is important that Doha round gets back on track NYT Reuters WORLD business leaders are worried that too little is being done to ensure global trade talks resume in earnest, according to a
      NYT; Reuters  -  501 words
  • 1618 15 SICOM FUTURES Jun7 RUBBER Futur«(Closing prices) RSS1 (S cents/kg) Close Votame Opm Month High Low Sett (tonnes) Interest Jul 04 234.75 Aug 04 233.00 Sep 04 231.25 Oct/Dec 04 229.00 Jan/Mar 05 230.75 Apr/Jun 05 233.75 RSS 3 (US cents/kg) Volume Open Month High Low Sett (tomes) Interest Jul
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  • 4676 16 Transaction date: Jun 7 HONGKONG Vol HK Exchanges Clearing 16.00 0.55 5100 HKS '000 HKRInt'l .2.35 0.10 3782 Hong Kong Electric 34.10 0 60 5922 Aeon Credit 4.63 0.03 24 Hongkong Chinese 1.03 0.01 328 Aeon Stores 5.45 -0 05 20 Hopewell Holdings 14.35 0.25 172 Alpha General
    4,676 words
  • 2424 16 Transaction date:Jun 7 KUALA LUMPUR GeneralSoil 126 unch 0 y 0 j Genting 15.00 0.30 1015 RM *1- COM) George Kent 0.80 0.03 55 Globetronics Tech 0.53 unch 1007 ASM Realty 135 unch 16 G'omacBhd .2.42 0.02 9 Abric 065 0 04 185 Gold Bridge Engrg 0.39 unch 289
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  • 890 16 Transaction date: Jun 7 Stodmmw Wl Otm Change Hwt—» WW O—» Ouny AHgreen S0( 0.30 0.97S +0.025 NOL 166 2.130 +0.020 Biimauaoc 039 0.755 +0.010 ocbc 9.13 12.100 +0.100 CaprtaLand 0.96 1.330 +0.040 Partway H 25< 0 59 1.150 +0.020 Chart SemKond 2Cc 1.19 1.420 +0.060 People's Food HKSOc
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  • 826 16 BONDS WARRANTS Prcm Expiry Tel Last Vol Com bar Disc Gear Mths Cade Comply Sale *m- COOP) tatfo Pita Utt 3779 ASL Marine Hldgs W*****1 16 1 53 37 3.16 46 3698 ASTIW*****1 32 unch 48 1 16 -4 1.56 0 3697 Acma Ltd W*****6 .0.5 1 50 677 13.00
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  • Page 16 Advertisements
    • 41 16 Hk Jjß ■Hi Insiders'trades. Brokers'recommendations. Dividend table. 111-1)1 SI t\ (jS KB B «B HUB Ho fIVHB fIH H|HHV H The pages also cover transactions by directors and substantial shareholders. I HBH H J In other words, news you can use.
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  • 5357 17 1 Transaction date: Jun 7 H* M LM Vai Day 110—H GrfMv Mr GrYU MM MCm Wgfc taw Code am*** 5da W- fH ft h>» Mhr Cw m >31 iH 5716 1st Software 5c 11.5 +0.5 1651 115 11 10.5 11.5 45.6 i m vsss*m. y a 35
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  • 1666 17 I*. t* M Oar UnOMt Mt 0» QrTW (tot MOp JMLiS_2S* r 9*1 rwi t— s*» <y m s3 it as w» AanHUgtst 12 s ui jj°] £?2S?ic St 1 3 29 29 27 19 5 09 t1J 465 II *401 AS Alio I0c__™__J03 20 M JJC "u
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  • 309 17 a-m m mi o»r u«Qm«* o>» uru m «cj> U» too. ommtm Mtw- HW cv r* 13 lit IS 6000 AVMf«raA»c ,.A»99cd 199 197 197 W U 5 7.5 «J (091 CftflttPaTxk HK72B *8 11 7.4 6 JOSti MOB HK17W *0 63 17 3 «KS 15 OS MK95
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  • Page 17 Miscellaneous
    • 247 17 CKVPTiC CROSSWORD ACROSS 20 T^ad bailies) 29 Lock mice in or trap first (7) 30 Anais has the energy to take (5) men from the girls! (6) on young person's number 7 Nearly stupefied, one has 27 Latin-American city needs a Q1 e J sense of relating to deity (8)
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  • ARTS festival
    • 360 18  -  By Aaron Lye MORPHIA Series isn't exactly the easiest performance to describe, but even if it was, Helen Herbertson, who is producer, choreographer and performer, isn't giving anything away, especially since it is only 18 minutes long. Speaking about the need to maintain the dance
      360 words
    • 430 18  -  Both art forms have been resurrected in 'El Automovil Gris', reports CHEAH UI-HOON CHEAH UI-HOON Movie buffs shouldn't pass up the chance to see ElAutomovil Gris —the "marriage" ofa definitive Mexican silent movie and the fascinating Japanese art of benshi narration. El Automovil Gris
      430 words
  • Page 18 Advertisements
    • 276 18 for /*aki*«) r*e feel like here*! a frfer treat for yo</! aIH appetizers, delectable main courses and mouthwatering |H desserts at the Phoenix Garden Cafe this Fathers Day. On top of that, popular local favourites will still be served 'fk during lunch and dinner! And did we mention the FREE
      276 words
    • 176 18 10 Top Reasons for Visiting Environmental protection has become the leading issue in the Asian countries. The launch of IFAT CHINA will bring all the advantages of the world's largest environmental trade fair to your front doorstep. Witness the latest technologies live before your very eyes! Gather information from the
      176 words

  • SHIPPING TIMES
    • 297 19 Bloomberg OIL tanker rates for shipping crude from the Middle East, unchanged near four-month highs, may rise this week as oil companies and traders book vessels for July before producers confirm details of export programmes for the month. Most crude oil produced in the Middle East is sold
      Bloomberg  -  297 words
    • 292 19 SGX '000 Juw 7 S$ Vol CH Offshore 0.37 0.01 1900 Chuan Hup .0.50 0.01 334 Cosco Investment 0.78 0.02 9409 CWT Distribution .0 48 unch 0 Ezra Hldgs 1.00 0.06 160 Freight Links... 0.10 unch 85 G8 Holdings 0.82 0.01 43 Jaya Holdings 0.84 0.03 2438 K1
      292 words
    • 574 19  -  It will convert crude carrier into huge oil rig for Brazilian company By George Joseph [SINGAPORE] Jurong Shipyard has won a $1,066 billion contract to convert a crude carrier into one of the world's largest oil rigs for a unit of the Brazilian state oil
      574 words
    • 293 19 Bloomberg [DUBAI] The United States Navy said it's working more closely with Kuwait and Saudi Arabia to protect offshore oil loading facilities in the Persian Gulf after suicide bombers tried to attack Iraq's oil export terminals in April. "We are working together to make
      Bloomberg; AP  -  293 words
    • 372 19 Yemen court allows one more month for further inquiries AFP [SANAA] The trial of 11 suspects charged with bombing the US destroyer Cole opened on Sunday but was immediately adjourned for one month to allow further investigations. Amid massive security, the 11 suspected militants
      AFP  -  372 words
    • 370 19 No sales of ships for demolition in India reported in the past week because of price decline Bloomberg [SINGAPORE] The prices offered by buyers of ships for demolition and conversion into recycled steel in India, the world's biggest market for
      Bloomberg  -  370 words
    • AVIATION news
      • 1104 20 The Simplifying Passenger Travel programme and biometrics will ensure seamless and secure traffic Iata Biometrics has taken centrestage in the effort to provide expedited passenger travel and enhanced security of all passengers. Check-in, security and border clearance processes for international
        Iata; AFP  -  1,104 words
    • 103 20 PAGE Austral AL 5 Bank Line 4 BSA 4 B'tang Mas 6 CMACGM 3 COSCO 3 China Shpg 5 Crocodile Line ....4 CWTGlobelink ...4 Delmas 4 Dongnama 3 ECL 3 Foong Sun 5 Gemartrans 4 Hamburg Sud 3 Hangli 4 Heung-A 3 IRISL 5 Kyowa 5 KMTC
      103 words
    • 7563 24 THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyagt Telephone ETA ETA Advertiser Vessel Voyaqe Telephone SIN DMt'n Nam* Name Number Numbe' S.N Dest'n Nam* Sam« Number NumbeTo DURBAN (OUR) 2118 South Africa To ABIDJAN (ABJ) 2003 Coto D'lvoir* 15/04 29/06 HamburgSud LT GUARD 126* 65-*****133 K/04 21/07 CMA CGM
      7,563 words
    • SHIPS IN PORT
      • 567 25 Vessel Voy No Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL BBC SPORE 0106 J8 A/SIDE 08/06 0900 E LINK 1 ELK131 J4 A/SIDE 08/06 0630 HOTAY1 7/04 13 A/SIDE 08/06 0500 NEW ORION V014 J14/15 A/SIDE 08/06 1500 ST GEORGE 01/06 J15/16 A/SIDE 08/06 1200 WESTERDEICH 007W J18/19 A/SIDE
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      • 1613 25 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vessel Out In Bth Berthing Un- Berth Name Voy Voy seq berthing Nmbr ACX MAGNOLIA 078$ 078S 1 08/06/2004-07:00 08/06/2004-19:00 P02 ACX RAFFLES 091N 091N 1 08/06/2004-08:00 08/06/2004-22:00 AL SHAMIAH S416W S416W 1 08/06/2004-06:00 08/06/2004-21:30 B04 ALAMJAYA AJ001 AJ001 1 11/06/2004-12:00 11/06/2004-20:00 ALAMJAYA
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      • 554 25 krt,,,,, 180 Max 986.7 0.3 14.3 0.04 46 0.02 ±1 Sg»I AshAlumlnlum Sediment 987?) 0.5 13.! D.oS 31 fctt 380 Max 993.2 0.7 17.7 0.07 68 0.07 K6/m*3 y/y m/m m/m ppm irwtiwd No above G35 4 0 0 0 0 0 ISO/Cimac Limits Spec E25
        554 words
      • 124 25 Jun 12 Philippines: Independence Day. Jan 14 Australia: Queen's Birthday. Jon 19 Sweden: Mid Summer Day. Jun 22 HK: Tuen Ng Festival. Taiwan: Dragon Boat Festival. Jull Canada: Canada Day. HK: HK Spe Adminis. Jul 4 USA: Independence Day. Jul 14 France: National Day. Jul IB Brunei: HM
        124 words
      • 787 25 THIS report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
        787 words
    • AIR & LAND transport
      • 662 26  -  It will build on partnerships to better serve region, move into China By Donald Urquhart [SINGAPORE] United Airlines, the world's second largest carrier, is set to expand its routes in the AsiaPacific region beyond preSars levels as it weathers the surge in
        REUTERS  -  662 words
      • 317 26 Grouping says airport operator is Savouring BA in Heathrow redevelopment Reuters [LONDON] The Star Alliance, a grouping of 15 airlines, has slammed BAA pic, the UK's top airport operator, for giving British Airways (BA) partial treatment while redeveloping London's Heathrow Airport, the Financial Times
        Reuters  -  317 words
      • 384 26  -  By George Joseph [SINGAPORE] If Austrian Airlines CEO Vagn Sorensen has his way, the latest airline to fly here will have "double-daily" flights through Changi in no time. That is his plan for Austrian Air's future operations here, after
        384 words
      • 215 26 AFP [CANBERRA] The Australian government unveiled plans yesterday for an ambitious infrastructure project including major new road and rail construction, in a pre-election announcement here. The A 512.7 billion (5515.2 billion) AusLink scheme includes plans to upgrade the country's two major interstate links to
        AFP  -  215 words
      • 484 26 It has forecast net profit of 36b yen despite oil price rise Reuters [SINGAPORE] Japan Airlines System Corp (JAL), Asia's biggest carrier by revenue, is on target to return to profit for the year ending March 31, 2005 after a
        Reuters  -  484 words
      • LOGBook
        • 78 26 Reuters [SINGAPORE] All Nippon Airways Co (ANA) plans to raise international passenger fares by 5 per cent to counter a spike in oil prices, the chief executive of Japan's second-largest airline said last week. Yoji Ohashi added that the carrier plans to stick to
          Reuters  -  78 words
        • 96 26 AFP [HONG KONG] Hong Kong flag carrier Cathay Pacific last week launched its first direct service to Moscow. The service is operated under a code share agreement signed with Russian carrier Aeroflot in March, the airline said. Flight CX 9240 (5U595) from Moscow arrived in
          AFP  -  96 words
        • 80 26 Reuters [MONTREAL] Air Canada said last week its planes took off filled as never before in May as traffic rebounded from last year's Sars outbreak in Toronto. Air Canada, the world No 11, said passenger traffic jumped 25 per cent in May, while
          Reuters  -  80 words
      • 2157 26 CITY FLIGHT ETA FLIGHT ETC $025 0630 BA7305 2255 MM* 8A7382 225 LHT7J 1555 U4361 2255 0F82 2215 ****** 1555 0F5 2255 LH9770 2300 S***** 1555 LH779 2305 S0229 2300 LH9T64 1620 *Z4679 2305 Aasttrtal S023 0605 GA974 (fiST ***** $***** 2305 KL837 KL838 Sfs !Z»
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  • Page 19 Advertisements
    • 29 19 JAL on track to return to the black in FY2OQS back page ItaEBUSNBSSTHES TO ADVERTISE, CALL JOE WONG AT 6319 2062 OR BERNARD ONG AT 6319 1645 SHIPPING TIMES
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  • Page 20 Advertisements
    • 646 20 I IMPORT I 1 NORTH AMERICA AUSTRALIA/NEW ZEALAND ISUPER SHUTTLE EXPRESS (SSX) AUSTRALIA ASIA EXPRESS (AAX) VtSSEL VOY LGB SIN PK6 PlO NEDUOYD KOtE 39W21 26/05 13/06 15/06 YOY SrD AM. jtf SM WO 10S ANGELES EXPRESS 05W22 03/06 20/06 22/06 ANLEMRLEM 06N 24/04 26/04 21/04 30/04 04/05 09/05 11/05
      646 words
    • 529 20 Lines services represented by lejßKn Members of the Registry of Members f \%2rJ Accredited Shipping Agents, "jjjjfr Singapore Logistics x°<,« Singapore Shipping Association Association U ULY LINE MALE f ISSEL VOY ETA HA ETA P. KLAWG SPORE MALE Mold Carrier 747 09/06 06/06 16/06 Princess Uly 0404 09/06 11/06. 19/06
      529 words

  • Page 21 Advertisements
    • 740 21 MOi Combines o range of shipping modes to ensure timely, reliable services covering major ports in Norm America, Europe, Japan, Asia, Africa Oceania. Also accopt Intro-Asia Cargoes to: SUSAN KWANGYANG SHANGHAI YANTIAN XIAMEN QMGDAO BELAWAN J JAKARTA SURABAYA KAOHSttING BANGKOK lAMB CHABANG TOCHIMINH PASIR GUDANG PINANG PORT KfIANC For Schedules,
      740 words
    • 1376 21 GENERAL AGENTS IN SINGAPORE: 16 RAFFLES QUAY #36-01 SALES/BKGS 7EL *****857/43 FAX: *****321/24 COSTAR SHIPPING PTE LTD SSMP 6 outwards *****302 *****325/75 INWARD (D/O) *****786 *****319/49 'EG NO ********** sJPiiJ2S2wissu T/SHIPDEP *****825 *****376/46 JOHOR'S OFFICE: OlKfc *****WM00M CONVENTIONAL *****850 *****208 COST/W AGENCIES (M) SDN BHD TEL 07-353 8T66 FAX- 07-353
      1,376 words

  • Page 22 Advertisements
    • 1153 22 m m WN WAN HAI LINES Y Tel: 6226 1588 Fax: *****163 INTRODUCING:- NEW WEEKLY EXPRESS SERVICE TO: fpUM&EJ ROTTERDAM HAMBURG ANTWERP CALLING SIN EVERY Saturday For more details, call HOTLINE: 6226 1588 1800-*****00 J NORTRANS SHIPPING AGENCIES Jsf A# Cl kTR ANS 29 lnt 'l Business Parle #05-05 Acer
      1,153 words
    • 783 22 tS£>X\ A. MYANMA m FIVE STAR LINE (Myonmar National Line) Loading for Yangon vessel voy sin pkl pen pgu PAGAN 328W SU> HPA-AN 320W SU> SLO IN MAUYSIA: IOUSTEAD SHIPPING AGENCIES MIL 03-*****300 PKL 03-*****101 PEN: 04-*****02 ACCEPTING CONVENTIONAL CBO VESSEL VOY HKG SIN PGU PKL KUC JACARANDA ACE 93
      783 words

  • Page 23 Advertisements
    • 1473 23 VESSEL VOY SIN PKL DXB BAB DMM BIK CHABAHAR IKHORRAMSHAHR] IRAN SATTARI PCLBO34 13/06 12/06 22/06 23/06 30/06 02/07 04/07 06/07 IRAN SHAHRYAR PCI 8035 22/06 21/06 30/06 01/07 08/07 10/07 12/07 14/07 IRAN SATTARI PCL 8036 04/07 05/07 14/07 15/07 22/07 24/07 26/07 28/07 IRAN SHAHRYAR PCL 8037 13/07
      1,473 words
    • 481 23 i k UK CONTINENT SERVICE Loading for KEELUNG RTM/ATW/BMN/UK/NAN Loads Singapore. E7W. 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. SERVICES S
      481 words
    • 669 23 J2SHI VOY SIN coy VESSEL YQI SIM JKT JACJANDA 1226N 08/04 08/06_ MATARAW EXP 2M MM lfi/M mnm 1227N 09/06 10/06 PAt lIHTAW S2SJ 1M ]1M PACIAHPA 122W4 10/06 11/06 AIAHAYA fiM 13/ m IS/06 PA( lANDA 1229N 12/06 13/06 MATARAM tXP 3009 15/06 17/06 JhSJim I2M 11/06 14/24— PA(
      669 words


  • Page 25 Miscellaneous
    • 115 25 8 FOR 7 AM 8 Jun 2004 Issued by Meteorological Service Division.NEA LEGEND: Thunderstorm Wind speed symbols 'V 7 Showers Fu circle w/0 line indicates calm or light and variable winds R a i n One half fleche represents 5 knots Cloudy Day One full fleche represents 10 knots x
      115 words

  • Page 26 Advertisements
    • 124 26 jfll From 3 rd June 2004, Austrian Airlines Croup will expand its long- haul services into Singapore and Melbourne. The thrice weekly services wiR operate from VIENNA /SINGAPORE MELBOURNE using our 1 EFFECTIVE 3 rd JUNE 2004 www.austrianairlines.com A liC U Destination Flight No Days Of Operation Departure Time Arrival
      124 words