The Business Times, 17 June 2004

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Total Pages: 24
1 24 The Business Times
  • 14 1 THE BUSINESS TIMES MITA (P) 023/03/2004 Inteiiict. iinp://business-times.asial.com.sg SINGAPORE THURSDAY, JUNE 17, 2004 850
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  • 479 1  -  Repeal of Section 35 puts end to 12 years of protection for local lawyers By Siow Li Sen [SINGAPORE] Foreign lawyers will finally have unfettered access in arbitration cases involving Singapore law, after the repeal of Section 35 of the Legal Profession Act
    479 words
  • 708 1  -  Their numbers rise 3% thanks to strong equity markets By Taila Krishnakumar [SINGAPORE] There were about 31,000 millionaires in Singapore last year, each worth US$l million or more. Their combined wealth of US$3OO billion up 3.4 per cent from a year ago is about
    708 words
  • 78 1 sn 1,831.31 (+10.81) ST INDEX FUTURES 1,841.00 (+21.00) SIMSCI 223.42 (+1.25) SIMSCI FUTURES 224.80 (+2.10) Wednesday Change KLSE COMP 818.16 +&13 NIKKEI 225 11.641.72 +254.02 HANG SENG 12.161.78 +111.09 SET INDEX 624.16 +10.60 JAKARTA COMP 707Ji8 +41.47 MANILA COMP _1.543.47 4.78 TAIPEI WPI 5560.16 -8633 SEOUL COMP ***** +0.24
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  • 71 1 FOREX RATES US$ 8$ US$ (S$per(IS$) 1.713 £(l;S$/S$ per 1.832 3.138 ElIRO(lJS$/S$/E). 1.214 2.080 YEN 109.7 64.00 RM 3.800 2J18 HK$ 7.798 4.551 BAHT 40.90 23.87 RUP1AH 9,393 5,482 RENMINBI 8.298 4.843 INDIAN RUPEE 45.41 2650 AS 1.435 0.838 V/S 1.572 0.918 PRIME RATES SINGAPORE 5.25 MALAYSIA 6.U0 HONGKONG
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  • 709 1  -  Investors, including those in Singapore, can't sell holdings until probe ends By Genevieve Cua [SINGAPORE] The Securities and Futures Commission of Hong Kong has frozen the assets of a fund of hedge funds (FOHF) for alleged fraud, a move that will hit a
    709 words
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  • NEXT page
    • 761 2  -  But more important is a wider choice of plots, whether on the confirmed or reserve list, says Kalpana Rashiwala Kalpana Rashiwala IT'S that time of year when the property market keenly awaits word from the government on how land sales will proceed. The Ministry
      761 words
    • 515 2  -  Official lands island for reforms to open up its economy From Ravi Kanth in Geneva A SENIOR World Trade Organization official yesterday said WTO members wanted to know how Singapore proposes to "demystify Temasek", the Singapore investment company. They also wanted to know more about
      515 words
    • 640 2  -  Economists polled see average of 22.1% rise y-o-y By Chuang Peck Ming [SINGAPORE] Singapore probably kept up with dou-ble-digit growth on the export front in May, continuing a trend seen since February, economists polled ahead of today's release of the official May
      640 words
  • Page 2 Advertisements
    • 170 2 FOR SALE Rare National Monument OLD THONG CHAI BUILDING Fully restored historical building Opposite Clarke Quay MRT station Merchant Court Hotel Near SOHO Central Land/Built-up area: approx.l3,soosf/17,0005f Good rental returns/potential capital appreciation Selling with tenancy Sole Marketing Agent Hampden Real Estate Pte Ltd Karine 9022 8682 Andy 9846 0706 Learn
      170 words
    • 241 2 FOR SALE Prime Freehold Lend Chancery/Mt Rosie vicinity Residential (mixed landed zone) For bungalows/semi-detached/cluster, etc Approximately 18,500 sqft Beautiful elevated site Sole Marketing Agent Hampden Real Estate Pte Ltd Michael 9666 6151 Andy 9846 0706 «aa>IIMMIWS CUSTOMERS CMPUIIWTS CONDUCTED BY: PROF. BO IDVARDSSON Director of Service Research Centre, Sweden sth
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      219 words

  • Page 3 Advertisements
    • 440 3 Ernst Young World Entrepreneur Of The Year® 2004 The World's Celebrating Entrepreneurial Excellence Business Award eld on 29 May 2004, this year's awards ceremony honored -> Australia V t/ 31 of the world's most successful entrepreneurs. These Baltic States enterprising leaders are responsible for businesses with combined annual Belgium revenues
      440 words

  • SINGAPORE companies
    • 470 4  -  But some market players say S'pore's scandal-free record speaks for itself By Joyce Koh DEMAND for more independent research seems to be gathering pace, and financial services providers from banks to brokerages are answering the call for greater objectivity. Indeed, the latest move by DBS
      470 words
    • 811 4  -  HOCK lock siew r sivanithy HATS off to DBS Group for appointing Standard Poor's to provide Hong Kong clients with independent research on funds. DBS is the first Asian bank to make such a move, tacitly acknowledging that in an industry where biases proliferate, perhaps
      811 words
    • 533 4  -  They cite more investor interest, asset acquisitions By Andrea Tan REAL estate investment trusts (Reits) in Singapore are enjoying a re-rating by analysts as investors become familiar with the product and asset buys raise the distribution yield. JP Morgan is upbeat about the outlook for
      533 words
    • 504 5  -  It wants to give shareholders more time in view of its 79.7% stake to date By Taila Krishnakumar OCBC Bank yesterday extended its $2.9 billion general offer for insurance group Great Eastern Holdings (GEH) by two weeks. Singapore's third-largest lender said it
      504 words
    • 524 5  -  Precision group Memtech also eyes mainboard listing By Kenneth Lim SINGAPORE'S initial public offering market continues its steady advance with Tele Choice International launching its 112 millionshare offer at 29 cents apiece today and precision moulded component manufacturer Memtech International having just filed
      524 words
    • COMPANY Briefs
      • 89 5 TEMASEK Holdings will be asked by the Indonesian central bank to inject fresh capital into PT Bank Danamon Indonesia, Dow Jones Newswires reported yesterday, quoting a Bank Indonesia official. Temasek holds a 61 per cent stake in Bank Danamon, which appears to have breached
        89 words
      • 47 5 Reuters THE mobile arm of Singapore Telecommunications said yesterday it was looking beyond mergers and acquisitions for future regional expansion. "There are other alternatives as well, including forming what I call regional nature collaborations," SingTel Mobile CEO Lim Chuan Poh said. Reuters
        Reuters  -  47 words
      • 53 5 ACCORD Customer Care Solutions said it has entered into a deal with a handset distributor to provide out-warranty after-market services for trade-in mobile handsets in North Asia. This is expected to add $4 million in revenues for the current financial year and
        53 words
      • 31 5 STRIKE Engineering Ltd said it has appointed Ravindran Govindan as its executive chairman from June 15, and he ceased to be an independent non-executive director.
        31 words
  • Page 4 Advertisements
    • 276 4 Drake Personnel offers you a personalised service designed to ensure staff selection, speed, convenience, cost-effective and stress-free recruiting are at your fingertips when you need it. We are a multi-national operation working with clients all over the world, in every type of business, helping you reach your goals. I DRAKE
      276 words

  • Page 5 Advertisements
    • 431 5 StorHub Innovative solution to self storagti all storage problems A HERSING Company SPACE SAVING for Individuals COST SAVING for BusinessesrftffS STORHUB Self Storage offers /|ffmKZ^] accessible and flexible storage space from 16 sq ft to 500 sq ft. We offer you 24-hour access q H everyday. Our state-of-the-art 24-hour security
      431 words

  • SINGAPORE markets
    • Article, Illustration
      575 6  -  Compiled by VEN SREENIVASAN Raffles LaSalie June 16 dosing: $1.08 AFTER a research blackout, we are now able to comment on Raffles LaSalle's (RLS) acquisition of 60 per cent of Hartford Holdings (Hartford). RLS is trying to reproduce its business model in Hartford by offering international-style pedagogy in
      Source: Bloomberg  -  575 words
    • 327 6  -  HOT STOCK WARRANT By Kenneth Lim BOOSTED by tin prices, restructuring potential and positive research reports, diversified Straits Trading Company could be back in play after lagging in the market's blind spot for years. The usually lightly traded stock raised eyebrows yesterday when
      Source: Bloomberg  -  327 words
    • 589 6  -  BT comment STOCKS r. sivanithy THANKS to an easing of pressure in the US Treasury bond market, traders in equities yesterday had a relatively better outing than in recent sessions Tuesday's massive 19-basis-point drop in the 10-year yield to 4.68 per cent
      Source: Bloomberg  -  589 words
    • 628 6  -  BT comment CURRENCIES Yen surges, helped also by the Nikkei index recovery larry wee THE US dollar suffered a sharp relapse overnight after US Federal Reserve chairman Alan Greenspan robbed currency traders of their favourite short-term trading theme in a speech. Speaking in a
      Source: Reuters  -  628 words
    • TRADES TO WATCH
      • 98 6 HYFLUX non-executive director Gay Chee Cheong bought 43,750 shares in the water-treat-ment specialist in the open market yesterday, raising his direct 0.064 per cent from 0.05 per cent. He also has a deemed stake of 6.828 per cent. The shares were bought at between
        98 words
      • 54 6 KOH Brothers Group non-executive director Quek Chee Nee sold 120,000 shares in the open market at nine cents apiece on Monday. The sale pared the director's stake to 12.25 per cent from 12.28 per cent. Shares of the construction and property development group closed unchanged
        54 words
      • 73 6 ELECTRONIC and information technology products distributor Achieva no longer counts Ng Chee Seng as a substantial shareholder. Mr Ng sold six million shares, or close to a fifth of his previous holding, in a married deal yesterday that pared his interest to 4.91 per cent from
        73 words
      • 66 6 SEMICONDUCTOR manufacturing equipment specialist Asti Holdings' chief executive, Charles Cher (right), exercised all 957,000 warrants he held at a strike price of 16 cents apiece on Monday. Mr Cher now directly holds 2.6 million shares and has 5.1 million shares under a nominee account. He
        66 words
      • 97 6  -  Compiled by KENNETH LIM DMX Technologies Group substantial shareholder Aegis Portfolio Managers' deemed interest rose to 9.44 per cent from 8.78 per cent with the purchase of two million shares in the information technology network architect in the open market on Tuesday for
        97 words
    • Article, Illustration
      421 6 OTHER SINGAPORE INDICES Jun 16 VALUE CLOSE BTOB/OS 34.00 +134.00 BTCADI -*****.00 +64.00 BT 10-day MA -*****.00 +3.00 AH-SG Equities 487.77 +2.44 SG Equities Elect 163 00 +2.41 SG Equities Fin 1530.95 +15.36 SG Equities Prop 405.94 +0.59 SIMSCi 223.42 +1.25 SiMSCI Futures 224.80 +2.10 Stocks Volume UniFiber 10c 45,299,000
      421 words

  • BLUE chips
    • 715 7  -  Despite the absence of a growth catalyst, ST Engg may still be worth a bet, says ANGELA TAN ANGELA TAN OVER the past year and a half, Singapore Technologies Engineering (ST Engg) has disappointed investors. The defence-related group has underperformed the Straits Times Index as its
      FILE PHOTO; Source: Bloomberg  -  715 words
  • Page 7 Advertisements
    • 221 7 Griugfc. Date: 19th June 2004 (Sat) jUft «-—>2| Time: 11.30 am to 5.30pm jH| Singapore Region Venue: Ritz-Carlton Millenia Singapore BY INVITATION ONLY Total units ■mBBHHHHIHi Hci W* > sqm SF from: 350sqm to sqm For further information, please call: Building Permit No 0044 0028 Developer's License No. *****7 Ms
      221 words
    • 497 7 Call toll-free 1800 289 8822 LOST SHARE CERTIFICATES The following share certificates have been reported lost, destroyed or mislaid:COMFORTDEI.GRO CORPORATION LIMITED Certificate No, Name \n. *****3 ESTATE OF NO CHIN CHONG. DECEASED Ix 10.000 NEPTUNE ORIENT LINES LIMITED (M>2<SMX4 PANG KIM WEE I x 1 000 *****97 do lxlooo *****38
      497 words
    • 313 7 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF M K INVESTMENTS PTE LTD (Incorporated in ihe Republic of Singapore) Al an Extraordinary General Meeting of the members of M K INVESTMENTS PTE LTD, duly convenced at 8 Sin Ming Road. #01 -01 Sin Ming
      313 words

  • EXECUTIVE suite
    • 392 8  -  Banyan Tree villa owner looks to sell property for $1.5m in first sub-sale By Vince Chong AN OWNER who bought a Banyan Tree pool villa on the Indonesian resort island of Bintan is now looking to sell the unit for $1.5 million. The
      392 words
  • Page 8 Advertisements
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    • 1110 8 Winner of Prix d'Excellence award, the Oscars of the I real estate industry I 12,196 sq.ft. on high floor with excellent view I Raised floor system, column-free space I Ideal for financial institutions, major professional services I companies and MNCs I Generous parking lots allocation I Immediate availability I Call
      1,110 words

  • SINGAPORE news
    • 293 9 AT least one Singapore name will make a mark at this year's Olympics in Athens, with local logistics group Trans-Link having secured an exclusive contract to provide logistical support at the world's most prestigious sporting event. The $10 million job through its Greek joint venture
      293 words
    • 314 9  -  Its workforce shrinks 24.4% to 7,588 but average wage is up 13.5% By Andrea Tan REFLECTING its massive revamp last year, the Housing and Development Board's group wage bill has shrunk by 14.1 per cent to $454.5 million for the financial year ended
      314 words
    • 119 9 AFP SINGAPORE has joined an Asia Pacific Economic Cooperation (Apec) programme that cuts red tape for business travellers seeking to work in the other member nations, the organisation said yesterday. Under the Apec Business Travel Card programme, nationals from the 16 participating countries can use
      AFP  -  119 words
    • 221 9  -  MAIL bag Lim Chuen Ni (Ms) Senior Assistant Director Corporate Communications (Head) for Permanent Secretary Ministry of Trade and Industry I WOULD like to thank the authors of the letters, commentaries and articles in your paper following the Government's announcement in March that it
      221 words
    • 532 9  -  New thrust in corporate and investment banking this year By Siow Li Sen HSBC Singapore is on a roll taking on both the retail and corporate and investment banking markets. There's no let-up in its push for a bigger market share in credit cards, mortgages
      CHRIS LOH  -  532 words
    • 105 9 AFP [JAKARTA] Indonesia has settled a landing rights dispute with Singapore's budget airline Valuair, allowing it to begin flights to Jakarta, an official said yesterday. "Indonesia's air regulators have granted landing rights to Valuair and they should be able to start their flights to Jakarta
      AFP  -  105 words
  • 4872 9 UNIT TRUSTS FUNDS SB Sel Eqty Dividend Pf 04 (SGO) 0 9892/ SB Sel Eqty Dividend Pf 04 (USD) 0.9789/ ABN Amro Asset Mgt (S'pore) on T!!? nk M C ;P star Eurooe Eqty'** 0.747/ Com Global Finance Index Fd 0.9661 Q™, l „zl Silt 1JM/ Com Global Lifestyle Index
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  • Page 9 Advertisements
    • 464 9 WPG INTERNATIONAL LIMITED (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of WPG International Limited (the "Company") will be held at 53 Übi Road 1, Singapore *****8, on 2 July 2004 at 2 p.m. for the purpose of
      464 words

  • EDITORIAL & opinion
    • 690 10  -  THE bottom line OPINION shada islam STUNNED by voter apathy and the unexpected victory of Eurosceptic parties in last weekend's elections to the European Parliament, European Union leaders, who meet in Brussels today and tomorrow, are under increased pressure to forge a
      690 words
    • 100 10 'All sorts of things, too long for me to list here, are still out there waiting to be done.' Tim Berners-Lee creator of the World Wide Web, after a ceremony for winning the first Millennium Technology Prize. 'He is like a street performer. He will do various
      100 words
    • 641 10 EDITORIAL IN LINE with actual or anticipated interest rate hikes elsewhere, the talk is that China too, will soon have to hike its rates. But this could be not only unnecessaiy, but also counter-productive. The Bank of England raised its rates a notch last week,
      641 words
    • 977 10  -  While the Bushies are trying to 'Reaganise' Bush, the Democrats could exploit the legacy of Bill Clinton to give John Kerry a boost in his bid From Leon Hadar in Washington A LEADING Democratic Party strategist with whom I met a few
      REUTERS  -  977 words
    • 410 10  -  COMMENTARY Movies are giving Japan's tourism industry a boost By William Pesek, Jr Bloomberg ELEVEN thousand kilometres away, in New York City, Chris Alcazar heard Japan's siren song. The 36-year-old hastily booked a flight and visited the world's No 2 economy for the first time. Why? He
      Bloomberg  -  410 words
  • Page 10 Miscellaneous
    • 369 10 CRYPTIC CROSSWORD ACROSS 1 He's responsible for the wa- p~l [2 [3 |4 Hp [o [7 [8 ter supply off and on (8) 5 The tadmay be brought to a Hlßl 9 It's not long since bank 0 would accept foreign coin 10 Approach for credit? (6) 12~^^ 12 Guarantee
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    • 194 11 I CflMRV I I Foresight's a necessity for those I I who've no one to follow. I \»»y fat**?? 7" v jw jp I iv w k Jr VL ;7 *«w y I lEU ccrr-bf-otion lamps, D- v*. crbag: C r.i,e L 0- r .J, or ,«n Kam sensor OEM
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  • REGIONAL news
    • 470 12 SHANGHAI Panic-stricken traders prepare to sue exchange after finding its bank account empty Reuters A TOP official at one of China's largest natural rubber exchanges has disappeared, leaving behind a depleted bank account and angry traders preparing to sue, official newspapers said yesterday. The disappearance
      Reuters  -  470 words
    • 288 12 BANGKOK Official says taxes are not competitive with Singapore's Bloomberg THAILAND, which wants to compete with Singapore to become the region's oil trading centre, has so far failed to attract overseas traders of crude oil and oil products because of
      Bloomberg  -  288 words
    • 409 12 BANGKOK Reuters THAILAND'S biggest entertainment company, GMM Grammy pel, is putting together a private consortium to buy a 30 per cent stake in English premier league club Liverpool, company officials said yesterday. The bid will replace the one from Thai Prime Minister Thaksin
      Reuters; AFP  -  409 words
    • NOTE Book
      • 83 12 [SHANGHAI] China is to impose quotas on the overseas borrowings of foreign banks, the Financial Times reported yesterday, citing bank officials saying this threatens to cripple their businesses in the country. The rule, which was posted on the website of the National Development and Reform
        83 words
      • 101 12 Bloomberg [MANILA] Philippine candidate Fernando Poe Jr denied a report his supporters will mount a coup should he lose the presidential election as a congressional vote count showed he was running neck and neck with Gloria Arroyo. "There's no truth to it," said Jejomar Binay,
        Bloomberg  -  101 words
      • 88 12 Reuters [YANGONj'lmports of everything from televisions to medicine to construction materials into Myanmar dried up yesterday after the junta raised duties on all goods without warning, traders said. Panic buying of imported items such as cooking oil and medicines hit markets in Yangon, traders said. A
        Reuters  -  88 words
      • 123 12 Bloomberg [HONG KONG] Bank of East Asia, Hang Seng Bank, and rival Hong Kong lenders can "soon" expect more preferential treatment from China as they try to expand their businesses on the mainland, said Joseph Yam, chief executive of the Hong Kong Monetary
        Bloomberg  -  123 words
      • 56 12 Reuters [JAKARTA] Indonesia's foreign investment approvals dropped to US$2.5 billion in the first five months 0f2004, from US$4.2 billion in the same period a year ago, the state investment agency said. However, the data showed domestic investment approvals jumped to 13.4 trillion rupiah (552.4 billion) from
        Reuters  -  56 words
      • 74 12 AFP [WASHINGTON] A Congress-appointed panel set up to review relations with China called on Tuesday for a thorough revamp of US policies towards Beijing on economy and security, describing them as inefficient and lopsided. Topping its proposals in the economic field was a call
        AFP  -  74 words
  • 1607 12 SICOM FUTURES Junl6 RUBBER Futures (Closing prices) RSS1 (S cents/kg) dose Volume Opm Month High Low Sett (tonnes) interest Jul 04 235.50 Aug 04 231.00 Sep 04 229.25 Oct/Dec 04 227.00 Jan/Mar 05 228.75 Apr/Jun 05 ***** RSS 3 (US cents/kg) Volume Open Month Higli Low Sett (tonnes) Interest
    1,607 words

  • WORLD news
    • WORLD Watch
      • 92 13 Bloomberg [NEW YORK] Oracle Corp said fourth-quarter profit rose 15 per cent as demand surged for its database software. New sales of applications software fell. Net income rose to US$99O million, or 19 US cents a share, from US$B5B million, or 16 US cents, a
        Bloomberg  -  92 words
      • 151 13 Reuters Bloomberg [JAKARTA] Opec will ask producers outside the cartel to raise output to help cool high prices, but got a quick reply from Russia and Norway saying they have no slack in their system to boost exports. Opec president Purnomo Yusgiantoro said
        Reuters; Bloomberg  -  151 words
      • 93 13 FT [NEW YORK] The technology industry has lost the support of International Business Machines (IBM) and Microsoft in its rearguard action to block a controversial change in stock option accounting. The Financial Accounting Standards Board wants companies to deduct the cost of options from
        FT  -  93 words
      • 97 13 Bloomberg [TOKYO] Profits at Japanese companies are rising sharply as they cut costs and expand sales, the government said yesterday. Corporate earnings are "improving sharply", the Cabinet Office said in Tokyo. "A large number of firms are planning on profit gains, with both manufacturers
        Bloomberg  -  97 words
      • 88 13 Bloomberg [BRUSSELS] Inflation in the dozen euro nations accelerated to the highest rate in more than two years in May, amid higher energy and transport costs and as increases in sales tax boosted alcohol and tobacco prices. Consumer prices rose 0.3 per cent
        Bloomberg  -  88 words
    • 432 13 WASHINGTON Stock prices rise as concerns ease that Fed will speed up rate hike timetable LAT—WP Bloomberg Reuters FEDERAL Reserve chairman Alan Greenspan said on Tuesday that he did not expect inflation to pose a serious threat to the economy any time soon, easing concerns that
      LAT—WP; Bloomberg; Reuters  -  432 words
    • 327 13 NEW YORK Bloomberg MANDALAY Resort Group has accepted MGM Mirage's sweetened US$4.B billion takeover offer, creating the world's largest casino resort company. The deal will also give 87-year-old Kirk Kerkorian, MGM's majority shareholder, control of roughly half the business on the fabled Vegas Strip, making him
      Bloomberg; REUTERS  -  327 words
    • 340 13 WASHINGTON Building permits hit record high though housing starts dip AP Reuters Bloomberg A PAIR of US reports yesterday suggested continued strength in the country's economic recovery. Big industry production surged by 1.1 per cent last month, the strongest showing in nearly six
      AP; Reuters; Bloomberg  -  340 words
  • Article, Illustration
    1093 13 transaction date. Jun 16 nfTERBAMK CROSS RATES A$ C$ Bmb Euro HK$ Ind Bs Bupiah Ytn Won BM WZ$ P»fc Bi Peso S$ Rmd Sfr NTS Mt Pound USS Australia 0.953 5.782 0.574 5.434 31.642 65.450 0.764 6.064 2.648 1.096 40.345 39.198 1.194 4.529 0.875 23.477 28.499 0.380 0.697
    1,093 words
  • Page 13 Advertisements
    • 1780 13 GB HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration no. *****1189E) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at the Company's Registered Office. 29 Loyang Crescent. Singapore *****5 on Friday. 9 July 2004 at 10.00
      1,780 words

  • 4898 14 Transaction date.Jun 16 HONGKONG Vol HK Exchangesa Cleanng.15.70 0 10 2997 HKJ 000 HKRInt'l 2.25 -0.03 3582 Hong Kong Electric 33 60 0 40 2967 Aeon Credit 4.50 unch 0 Hongkong Chinese 0.94 unch 340 Aeon Stores 5.45 -0.05 90 Hopewell Holdings 14.30 0.10 164 Alpha General 0.31
    4,898 words
  • 2647 14 Transaction date:Jun 16 KUALA LUMPUR Genting 15.30 0.20 128 Vo l George Kent 0.81 -0.01 18 RM COOO) GlobetronicsTech 0.53 -0.01 764 GlomacBhd .2.34 unch 703 Aft M Realty 1.38 0.06 3 Gold Bridge Engrg 0.40 unch 168 Abric 0 02 0 01 22 Golden Frontier .0.75 -0.01 9
    2,647 words
  • 846 14 i Transaction date. Jun 16 e <*■¥»! ■»> 5 *•»«»>»( ujo am «on mo ui 2j<» -owo •HMtfUBOc a» 0 785 ODDS OCBC »J9 12.881 .OMl CjpULand OK 1110 an 1.140 «ow Owl VntfGind 28t IH 1190 <0W) Hctfx *ood NUb 041 12J0 0040 City 0* 50c 1 72
    846 words
  • 801 14 BONDS WARRANTS Prem Expiry Tal Last Vol Com Exer Disc Gear- Mths CK« C—pmf Sal« ♦or- (*880) llatia Pita it Left 3779 ASL Marine HldgsW*****1 16 1 53 42 3.03 46 3698 #ASTIW*****1 30.5 1 16 -4 1.59 0 3697 Acma Ltd W*****6 .0.5 unch 10 1 50 677 13.00
    801 words
  • Page 14 Advertisements

  • ARTS festival
    • 376 15  -  A wheelchair-bound old lady with Alzheimer's dancing the tango teaches us the bright side of life By Mike Hu WHEN Victoria, a 90-year-old Alzheimer's disease patient, starts to tango dance, she isn't just launching into any old tango routine. What makes her dance moves
      376 words
    • 556 15  -  By P Y Van IT wasn't just cross-cultural cellist Yo-Yo Ma and the Singapore Symphony Orchestra's (SSO) concert on Tuesday evening had an element of xiangsheng (crosstalk) as well when Ma and SSO conductor Lan Shui tried to explain the music underlying the Silk Road Project.
      HOW HWEE YOUNG/ST  -  556 words
  • 7058 15 Transaction date: Jun 16 52-Wk Td Last Vol Day Last Quote GrDiv Div GrYM Net MCap High low Code Conyany Sale +<- COOP) Low Buyer Seller Cvr Pit in* 25.5 6 5716 1st Software 5c 12.5 +2 ***** 12.5 10 12 12.5 49.6 57.9 32.9 5834 A-Sonk5c 34
    7,058 words
  • 68 15 52-Wk Tel lart Vol Day Last Quote GrDrv Oiv GrYtd Net MCap Wgli law Code Cawpny Sole C000) Hijti Low Buyer S««or Cw Wt Smil 2060 2000 6065 Diamonds US2060cd 2120 6095 IS DJ US Tech US3740 6097 IS MSCI Spore US555 6101 ISS&P500 US8270 ********** 6170 SPDRS
    68 words
  • 2000 15 52 Wk Td Last Vol Day Last Quote GrOiv Oiv GrYM Net MCap Higfc low Code Cowpmy Sa*« +7- COOP) High Loo Buyer Sdhr Cut PTE Smi 26 12.5 5000 ABR Hldgs 5c 14 14 15 27 42 17.5 2101 APOU5C 29.5 29 29.5 5 N91 0.8 11.4
    2,000 words
  • 329 15 52-Wk Tel Last Vol Day lartQeote Grtt* GrYW MCap Low Code Cwg Sdo COOP) Wjh Low —1* Sdhf Cur WS 228 142 6000 AVJennings A25c A196cd -1 27 197 196 19S 197 40 8.8 5.1 7.4 4218 6001 Cathay Pac 20c 1 HK720 2. M 2436b 600? Cheung
    329 words

  • BizIT
    • 725 16  -  Open Mobile Alliance chairman tells Tang Weng Fai it can help develop open standards Tang Weng Fai DESPITE the buzz at CommunicAsia and elsewhere, the development of mobile applications for emerging networks like 3G is being stymied by mobile operators whose services don't
      725 words
    • 450 16  -  It's confident 36 services will take off in region By Gea Swee Jean MOBILE phone giant Samsung Electronics yesterday launched more than 20 new mobile phones here and gave a strong assurance that 3G services would be a success in the region. "Will 3G fly in
      450 words
    • 310 16 AFP [TOKYO] Japanese mobile phone giant NTT DoCoMo said yesterday it will start selling next month a handset with smart-card electronic cash, train pass and identification card functions. Users would only have to wave the phone near an electronic scanner to make a purchase
      AFP  -  310 words
  • Page 16 Advertisements
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    • 26 16 Savour the best of Captain's Table's Guangzhou specialities in our Unlimited A La Carte Buffet. Dine from a choice of 40 dishes prepared specially for you.
      26 words
    • 164 16 I MERI T U S MANDARIN SINGAPORE T IT'S DADDY'S DAY! O/l T O/l/l/f Delight Dad this Father's Day! Show him how much you JUfIC care and treat him to a feast fit for a king at our fine restaurants. K?tHKji2fr££' TOP OF THE M' Iqp REVOLVING RESTAURANT rfftV Dine
      164 words

  • SHIPPING TIMES
    • 50 17 [CAPETOWN] An oil rig nestling amongst scores of yachts berthed in Cape Town harbour. The giant floating platforms are becoming regular visitors to the port as the city is marketing itself as a service hub for the lucrative oil fields off the west coast of Africa.
      50 words
    • 380 17  -  Int'l Chamber of Commerce discusses S-E Asia situation By Donald Urquhart [SINGAPORE] Shipowners have called upon South-east Asian governments to carry out coordinated patrols regardless of a nation's territorial waters to counter the growing problem of piracy. The dismal piracy problem in Indonesian
      380 words
    • 287 17 SGX '000 Jw It SS W- Vol CH Offshore 0.37 unch 223 Chuan Hup 0.51 0.01 388 Cosco Investment 0.76 0.01 ***** CWT Distribution 0.48 0.01 15 Ezra Hldgs .0.97 unch 0 Freight Links .0.09 -0.01 215 GBHoldras 0.83 0.01 72 Jaya Holdings 0.81 002 1234 K1 Venture
      287 words
    • 470 17  -  Malaysia announces creation of coastguard By Donald Urquhart [SINGAPORE] Asian coast guard officials from 16 countries, including Singapore, begin a two-day meeting in Tokyo today in an effort to forge greater cooperation in fighting piracy and the threat of maritime terrorism
      470 words
    • 269 17  -  VLCCs will offer long-term benefits for Pertamina: legislators From David Hughes in London THE US$lB4 million purchase by Frontline of two Pertamina VLCCs under construction has caused a political row in Indonesia with some legislators threatening to veto the sale. Some Indonesian commentators have slammed
      269 words
    • 841 18  -  NEWBUILDS By David Hughes THE idea of floating real estate is not entirely new and we have already had the Residensea project. The concept of seeing ships as floating estates of luxury apartments still takes some getting used to. The way these vessels are contracted and
      FILE PHOTOS  -  841 words
    • 114 18 PAGE Austral AL 5 Bank Line 4 BSA 4 B'tang Mas 6 CMACGM 3 COSCO 3 China Shpg 5 Crocodile Line ....4 CWTGIobelink ...4 Delmas 4 Dongnama 3 Eukor 2 ECL 3 Foong Sun 5 E Gemartrans 4 Hamburg Sud 3 Hangli 4 Heung-A 3 IRISL 5
      114 words
    • 7686 22 THEBUSINESSTIMES EXPORT w ETA ETA Advertiser Vessel Voyaqe Telephone I ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number I SIN Dest'n Name Name Number Number 4 I 04/07 13/07 China Shpq NORASIA TELAMON 426W 65-*****898 To ABIDJAN (ABJ) 2003 Cot# D'lvoirt 08/07 18/07 IRISL
      7,686 words
    • SHIPS IN PORT
      • 573 23 Vessel Voy No Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL A KAMBING 1 JB4602 J5 A/SIDE 17/06 0015 BAYSWATER338 E4147 J3 A/SIDE 17/06 0230 CAPE CHARLES LB063 J18/19 A/SIDE 17/06 0200 EVERISEGLORY 93 J10/11 A/SIDE 17/06 0700 MARC0P0L072 03/04J J3 A/SIDE 17/06 0630 ZIM ISRAEL 43E J15/16 A/SIDE 17/06
        573 words
      • 1806 23 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vessel Out In Bth Berthing Un- Berth Name Voy Voy seq berthing Nmbr ACX SAKURA 031N 031N 1 19/06/2004 15:00 20/06/2004-03:00 ACXSWAN 102N 102N 1 19/06/2004 1 S:00 20/06/2004Q1 00 ALMUTANABBI C299W C299W 1 19/06/2004 15:00 20/06/2004-03:00 ALAMJAYA AJ002 AJ002 1 1 12
        1,806 words
      • 114 23 Jan 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 15 Brunei: HM The Sultan's Birthd. Jul 15 SKorea: Constitution Day. Jul 19
        114 words
      • 794 23 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the
        794 words
      • 616 23 Carbon 180 Ma* 986.7 0.3 14.3 0.04 46 0.02 Jun3 Density Water Residue AshAluminium Sediment No above E25 0 0 0 0 0 0 380 Ave 987.0 0.2 13.7 0.04 31 0.02 380 Mai 993.2 0.7 17.7 0.07 68 0.07 KC/W3 *v/v %u/H sNf> ppm m.tho<i
        616 words
    • AIR & LAND transport
      • Article, Illustration
        115 24 [TOKYO] Japan's Narita international airport had to close one of its two runwaysfor nearly an hour yesterday after an incoming plane ended up facing an outgoing aircraft on the taxiway, airport officials said. The two planes—A KIM Royal Dutch Airlines passenger aircraft arriving from Amsterdam and a South Korean
        AP  -  115 words
      • 395 24 It hopes to start US operations by end of this year Bloomberg [KUALA LUMPUR] Transmile Group Bhd, a Malaysian airline and airfreight delivery company whose clients include DHL Worldwide, plans to buy three wide-bodied aircraft from Boeing Co to expand
        Bloomberg  -  395 words
      • 248 24 Reuters [NEW YORK] The independent commission investigating the Sept 11 attacks has found that the Pentagon's domestic air-defence command was disastrously unprepared for a major terrorist strike on American soil, The New York Times reported yesterday. The commission says the air-defence command
        Reuters  -  248 words
      • 406 24 US Exim bank among lenders considered to finance its Airbus, Boeing purchases Bloomberg [KUALA LUMPUR] Air sia, South-east Asia's biggest budget carrier, said it may get loans from US and European government lenders to buy or lease new Airbus and Boeing aircraft. Air
        Bloomberg  -  406 words
      • LOG Book
        • 129 24 AFP [LONDON] Britain is to introduce an experimental iris recognition system at major airports for foreign visitors who volunteer for the scheme, the government announced on Tuesday. Volunteers from outside the European Union who live in or regularly visit Britain would be interviewed and
          AFP  -  129 words
        • 107 24 Bloomberg [NEW DELHI] Indian Airlines Ltd will increase fares by 10 per cent starting June 21 because of a rise in jet fuel prices. Delhi-based Indian Airlines unit Alliance Air will also raise fares. Indian Airlines is matching similar moves by Jet Airways
          Bloomberg  -  107 words
        • 93 24 AP [MEXICO CITY] The Mexican government is preparing to sell its 85 per cent stake in a group of 12 airports in the Pacific region of the country. Grupo Aeroportuario del Pacifico plans to issue 13.6 billion shares to be listed on the
          AP  -  93 words
      • 2199 24 5H FLIGHT ETA FLIGHT ETO S0425 0835 EM31 0325 AtfttaMt LH9771 1840 BA7382 2215 EK404 1405 S0426 1300 S0230 1840 0f82 2215 EK348 1650 S0428 2325 Amsterdam S023 0605 GA974 0130 CK430 ?00s KL837 1450 KL838 2255 Fraokfurt AC9951 0630 LH9765 1345 $024 2345 LH9762 0630
        2,199 words
      • Article, Illustration
        36 24 [FUNAFUTI, Tuvalu] Tuvaluan women exercising on the airport runway in Funafuti where planes land only twice a week. When planes are not using it, the runway is used for community sports and exercise. AP
        AP  -  36 words
      • 406 24 AP [WASHINGTON] The Virgin brand's new US-based low-fare airline said it has agreed to buy and lease up to 105 narrow-body jets from Airbus and that the carrier would be named Virgin America. Virgin America's top executive, Frederick Reid, said on
        AP  -  406 words
  • Page 17 Advertisements
    • 2 17 European funds
      2 words
    • 164 17 \ha 1 ri z 3 n\ n a: the apparent boundary between earth and sky b: scope of perception or experience c: something that might be achieved For 120 years, MOL has been looking beyond national boundaries to new shipping routes, destinations, ideas and partnerships. As a leading full-service shipping
      164 words

  • Page 18 Advertisements
    • 673 18 IMPORT NORTH AMERICA AUSTRALIA/NEW ZEALAND SUPER SHUTTLE EXPRESS (SSX) AUSTRALIA ASIA EXPRESS (AAX) VESSEL VOY LGB SIN PKG I "I 10S ANGEIiS EXPRESS 05W22 03/06 20/06 22/06 VOY BNE SYP MEL API ERE SIN PKG PtO NEDUOYD SOUTHAMPTON 42W23 10/06 28/06 29/06 API IVORY 73N 05/06 07/06 09/06 11/06 15/06
      673 words
    • 534 18 Lines services represented by /*£Sj£\ Members of the Registry of Members of Accredited Shipping Agents, '""ifr Singapore Log.stics Singapore Shipping Associotion Association g ULY UNE MALE f IrtSSil VOY ETA ETA ETA A P. KLAH6 SPORE MALE Mold Star 549 16/06 19/06 29/06 Koto Teguh XTGI29 25/06 05/07 Mold Carrier
      534 words

  • Page 19 Advertisements
    • 709 19 ~'MOL Combines C a range of shipping modes to ensure timely, reliable services covering major ports in North Amenco, Europe, Japan, Asia, Africa Oceania. Abe acctpt htra-Asia Ovyots te: For Schedules, BL Searches, and Container Tracking, visit on our Home Page: www.molsin.com.sa mmiib TO ADVERTISE, CALL JOE WONG AT 6319
      709 words
    • 847 19 AGENTS IN SINGAPORE: 16 RAFFLES CMJAY #36-01 SALES/BKGS TEL-64X5857/43 FAX *****321/24 COSTAR SHIPPING PTE LTD wcm? gSS REGNO *****1787G INWARD (D/O) *****786 *****319/49 JOSSsoSS T/SHIPDEP *****825 *****316/46 junun z CK NO **********0 M CONVENTIONAL 64?n ran zoo* oono COSTAR AGENCIES (M) SDN BHD TEL 07-353 8166 FAX: 07-353 8170 6420
      847 words
    • 576 19 VESSa VOY SIN PKG I GOLDEN TRADE 1403H I 22/6 I 23/6 I 2S/6 I HEW DYNAMIC 063 A ~WT 26/6 IHERTFOKD IOOSN I 29/6 I 30/6 I 2/7 PERTH BRIDGE OS7A ~I7T~ 3/7 I GOLDEN MERCHANT 14??H I 6/7 I 7/7 I 9/7 NEW DYNAMIC 064 A 8/7 10/7
      576 words

  • Page 20 Advertisements
    • 1181 20 PT~= M WAN HAI LINES Y Tel: 6226 1588 Fax: *****163 INTRODUCING:- NEW WEEKLY EXPRESS SERVICE TO: EUROPE ROTTERDAM HAMBURG ANTWERP CALLING SIN EVERY Saturday For more details, call HOTLINE: 6226 1588 1800-*****00 i a/ OTO AMO NORTRANS SHIPPING AGENCIES /V Un I rAIMS 29 Int'l Business Pork #05-05 Acer
      1,181 words
    • 783 20 MYANMA pQ| FIVE STAR LINE (MyoMor Notio.nl Line) Loading for Yangon VESSEI vor SIN PKI PEN PGU PAG 328W SU> HPA-AH 320W SU) SU) IN MAUYSIA: lOUSTEAD SHIPPING AGENCIES KUL 03-*****300 PKL 03-*****101 PEN: 04-*****02 ACCEPTING CONVENTIONAL CBO VESSEI VOY HKG SIN PGU PHI KUC ItIMCESS 59 SU) SU) 14/06
      783 words

  • Page 21 Advertisements
    • 1345 21 VESSEL VOY I SIN I PKL I PXj BAB DMM BIK CHABAHAR |KHORRAMSHAHR IRAN SATTARI PCLBO34 17/06 16/06 27/06 28/06 04/07 06/07 08/07 10/07 IRAN KORDCSTAN KL 8036 24/06 SKIP 07/07 06/07 15/07 17/07 19/07 21/07 IRAN SHAHRYAR PCI 8035 27/06 28/06 08/07 07/07 16/07 18/07 20/07 22/07 IRAN SATTARI
      1,345 words
    • 490 21 UK CONTINENT SERVICE Loading for KEELUNG RTM/ATW/BMN/UK/NAN C CHAMP 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 P LAMER DBI/ABU/DOH/BRN/DMM/KWT AMARYLLIS DBI/ABU/DOH/BRN/DMM/KWT 'Loads Singapore, E7W. Malaysia, Indonesia USA SERVICE Loading for SIFNOS BAY CAM/NOL/NFK/SAV/TPC TAUROA POINT VCW/LAX/MZL 'Loads E7W. Malaysia, Indonesia F.E./S.E.A.
      490 words
    • 653 21 rcssn yor sm pgu visa mi__ 55!_ _MC|«DA 12/06 13/06 AiAMJAYA SSfifi 13/06 15/06 JACMNOA 1230N 14/06 M/ 06 MATAIAM Hf 3C2S IS/OA 17/06 PAC lANPA mill 15/06 15/06 PAt BHTAH 8252 17/06 19/0* PACRAMPA 1232N 16/06 17/06 ALAMJ ATA 2 1901 20/06 22/06 PAC iawda i223(j um ig/06 PAC
      653 words


  • Page 23 Miscellaneous
    • 111 23 Issued by Meteorological Service Division,NEA LEGEND: Thunderstorm Wind speed symbols Showers Fu circle w/ 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 50 knots D
      111 words