The Business Times, 26 July 2004

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Total Pages: 26
1 26 The Business Times
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  • Title Section
    Lock icon Masthead
    15 1 85C MITA (P) 023/03/2004 THE BUSINESS TIMES SINGAPORE MONDAY, JULY 26, 2004 Internet: http://business-times.asial .com.sg
    15 words
  • Article, Illustration
    Lock icon Singapore moving into higher gear on offshore services
    988 1  -  BT exclusive It aims to become high-end niche player in new wave of global business Reports by Amit Roy Choudhury [SINGAPORE] Just as it became a major offshore manufacturing hub for global companies starting in the 60s, Singapore is well on the
    CHRIS LOH  -  988 words
  • Article
    Lock icon Shared services of some MNCs
    287 1 [SINGAPORE] According to the Economic Development Board, the following were some of the major BPO/shared services operations set up here recently. Singapore was the designated global launch market for SAP's Shared Services Centre in Asia-Pacific (APA SSC) last year. The centre will significantly enhance corporate
    287 words
  • Article
    Lock icon MARKETS
    62 1 Week Change STI 1850.26 -21.21 KLSECOMP 8JJ8.20 -4.45 NIKKEI 225 *****.33 -248.67 HANG SENG *****.99 +293.79 SET INDEX 648.47 +2.36 JAKARTA COMP...766.37 +10.28 MANILA COMP ...1559.22 +7.99 TAIPEI TAIEX 5373.85 -128.29 SEOUL COMP 737.51 -1.88 SHENZHEN B 245.86 -8.09 AUST ALL OHD 3495.70 -37.77 DOW JONES 9962.22 -177.56 NASDAQ
    62 words
  • Article
    Lock icon FINANCE
    74 1 FOREX RATES US$ 8$ ISS (SS per l.'SS) 1.718 £(l'S$/S$ per 1.840 3.161 El'RO(l S$/SS/E). 1.223 1101 YEN 108.6 63.60 RM 3.800 2.212 HK$ 7.800 .,4.540 BAHT 41.05 23.89 RIPIAH 9.053 5,269 RENMINBI 8.277 4.817 INDIAN Rl'PEE 46.27 26.93 AS 1.406 0.818 NZS 1.563 0.910 PRIME RATES SINGAPORE 5.25
    74 words
  • Article
    Lock icon Foreign funds flowing into commercial property
    572 1  -  Asian sector also gets boost from pension funds From Neil Behrmann in London A WALL of money from American and European pension funds, insurance companies and other institutions has been pouring into commercial property, including in Asia. The investments have contributed to a bullish
    572 words
  • Article
    Lock icon Tech stocks likely to drag Wall St down
    692 1  -  Poor earnings prospects may lead investors to sell From Andrew Marks in New York DURING the US stock market's year-long rally, which began in March 2003 and only slowed to a standstill this spring, it was technology stocks that led the way
    692 words
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  • NEXT page
    • Article, Illustration
      Lock icon CMT sees opportunity in warehouse retailing
      688 2  -  It can buy and lease back buildings to warehouse retail operators By Kalpana Rashiwala [SINGAPORE] The chief executive of Singapore's largest mall owner, Capita Mall Trust (CMT), acknowledges that the new warehouse retail scheme (which permits retail activities in certain warehouse developments) could pose
      FILE PHOTO  -  688 words
    • Article
      Lock icon Delay in China trip understandable: Mah
      310 2  -  By Teh Hooi Ling [SINGAPORE] National Development Minister Mah Bow Tan yesterday said both China and Singapore understood that it is not the "appropriate" time for his planned visit to China to take place. But he hopes that contact between Singapore and China will
      310 words
    • Article, Illustration
      Lock icon What Spore Inc can learn from school kids
      738 2  -  BT comment ECONOMICS Outsourcing is good but Singapore companies have been slow learners vikram khanna EARLIER this year, an American newspaper ran a cartoon which showed a father sternly saying to his impish-looking son: "No, you may not outsource your homework to
      738 words
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      Lock icon Page 2 Advertisements Column 1
      344 2 ■jji The Only Australian PhD and DBA Programs in Singapore of south Australia Accredited by EQUIS competencies to effectively manage the £E! hospitality business. The subjects <L> IhmlwL. well balanced and relevant. It has enabled me to formulate my hotel's IF repositioning exercise with practical fQi WPf'' W strategies and
      344 words
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      162 2 Incorporation services in ail 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 E:
      162 words
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  • SINGAPORE companies
    • Article, Illustration
      Lock icon AFP to pay US$268m for Indon property project stake
      470 3  -  It plans to acquire 42.5% of a development project near Jakarta By Teh Hooi Ling ASIA Food Properties (AFP) has agreed to buy into an Indonesian development project at a price of US$26B million. In a late announcement on Friday, Singapore-listed
      Source: Bloomberg  -  470 words
    • Article
      Lock icon Make them disclose upfront where IPO money's going
      839 3  -  HOCK lock siew r sivanithy THE initial public offer (IPO) market's woes have been well-docu-mented of late an increasing number of counters are flopping on their first day and many of this year's debutants now trade below their offer prices. Ask most
      839 words
    • Article
      Lock icon Creative takes on Apple, Sony in PDE market
      522 3 AFP CREATIVE Technology is embarking on an ambitious campaign to rival Apple and Sony in the booming personal digital entertainment player (PDE) market after spending five years transforming itself from a computer soundcard maker. Creative last week launched its top-of-the-line 10,000-song, 20-gigabyte
      AFP  -  522 words
    • Article, Illustration
      Lock icon Buyers turn out in strength
      1111 4  -  ISIDE MARKETS There were $11.9m worth of acquisitions compared to the previous week's $7.3m, reports Robert Halill Robert Halill BUYING by directors and substantial shareholders was up last week while selling was down based on filings to the Singapore Exchange from July 19 to 23.
      1,111 words
    • Article
      Lock icon US interest rates seen as top risk for Asian bonds
      377 4  -  By Taila Krishnakumar INVESTORS believe an aggressive US Federal Reserve policy and potential volatility in treasury rates represent the biggest risks for Asian bonds, but are still generally comfortable with regional fundamentals, according to JPMorgan's latest July Asia Credit Investor
      377 words
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      30 3 HITACHI Inspire the Next ?:PPSOCO 3~TD5000 42PD5000 55FMA5x)A Widest Range Of High-Definition Plasma Solutions. ALIS Technology Internet capability •60 000-hour long panel life nilrLf'yL -\li+ www hitachii oiisumoi com su
      30 words
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  • Page 4 Advertisements
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      1469 4 l *i^y.ist^&j&fwx'Z'. Y »g-;fiMfS»'^ jS CONSOLIDATED INCOME STATEMENT K Ba Credit Lyonnais EURO inMHlions at 31 December B lit Head Office 19, bd des Italiens, ***** Paris consolidated income statement ara jom I (in mritions of euros, except per share data) K Reaistered Office Lvon Net interest and similar income
      1,469 words
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      Lock icon Page 4 Advertisements Column 2
      249 4 Call toll-free iWO 289 8822 Releasing a financial statement? Call 1800 289 8822 w email notkes®sph.com.sg to book your advertisement in our newspapers now. IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER Of COPIASYNTHESIS PTE LTD (MEMBERS' VOLUNTARY WINDING-UP) NOTICE IS HEREBY GIVEN, that the
      249 words
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      951 5 -I CapffaMall Trust Constituted in the Republic of Singapore pursuant to a trust deed dated 29 October 2001 (as amended) Earn 5.69%' yield tax-free 2 Preferential Offering of New Units to Singapore Registered Unitholders 3 at 551.62 per New Unit Capita Mall Trust Management Limited, the manager of Capita Mall
      951 words
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon All portfolios beat UOB Sesdaq Index
      1035 6  -  BT portfolio STOCKS teh hooi ling Stock prices retreated across the board last week, with small-capitalisation stocks and second liners bearing the brunt of the selling. The UOB Sesdaq Index fell 4.8 per cent last week, compared with the 1.1 per cent decline of
      1,035 words
    • Article, Illustration
      Lock icon Khazanah call on Commerce Asset: decent numbers
      283 6  -  HOT STOCK WARRANT By R Sivanithy THE Malaysian market has scores of penny warrants on names that might be familiar to local players see for example, the Country Heights 2006 warrant that costs 21.5 sen and the Gopeng Bhd 2006 warrant that costs
      Source: Bloomberg  -  283 words
    • Article
      Lock icon Asian currencies slip on US$ gains
      416 7 AFP [HONG KONG] The yen led Asian currencies lower over last week after the US dollar was boosted by upbeat midweek comments by Federal Reserve chairman Alan Greenspan on the US economy. Japanese yen: The yen slipped against the US dollar in Tokyo amid
      AFP  -  416 words
    • Article, Illustration
      Lock icon The $64,000 question for the market: what next?
      857 7  -  BT comment STOCKS r. sivanithy THERE was a telling moment on Wednesday, when an exuberant Alan Greenspan delivered an upbeat economic assessment to the Senate Banking Committee and yet the stock market plunged. It did so because it was less than impressed
      857 words
  • Article, Illustration
    Lock icon BROKERS' RECOMMENDATIONS
    1643 6 Number FORECAST Median The stock recommendation is the average of all the recom- Price mendations submitted by analysts following the stock. There RECOMMENDATION of EPS PE Target is a total of 29 brokers submitting recommendations but not company This week/Last week Estimates (S) (times) Li every stock is
    1,643 words
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  • Article
    Lock icon DIVIDENDS ANNOUNCED
    623 7 Payment Ex Books Pay Payment Ex Books Pay (cts) date close date (cts) date close date Airocean 5c b 0.30 10-Aug 13-Aug 01 -Sep Osim Intl 5c I 0.70 31 -Aug 03-Sep 17 Sep ASJ Hldgs20c gg 10N 26-Jul 29-Jul 10-Aug Pac Andes 20c b 1.25TA 06-Aug 12-Aug
    623 words
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      512 7 Gall toll-free 1800 289 8822 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF MG LOGIC PTE LTD (In Creditors' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50, the Final Meeting of
      512 words
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      106 7 I I pppp jp f HSPIr v JSIp 1 mmm The Courage Torßun The Spirit To Triumph Take On The Standard Chartered Corporate Distance Challenge >»iti|x.-to ,j\ ,i oornpany bav.'d oti the total dr.tarioo oomplotod ro(j;jrdloss of race B42km. 21km. 10km oato'jory or finr.hirirj tunc. I Mil your loam valour
      106 words
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  • SINGAPORE news
    • Article, Illustration
      Lock icon CMT's success lies in boosting tenants' sales, says CEO
      864 8  -  He refutes charges that he is squeezing tenants or that size gives him an edge By Kalpana Rashiwala PUA Seek Guan, chief executive of Capita Mall Trust Management Ltd, which manages Capita Mall Trust (CMT), is not deterred by criticisms from
      ARTHUR LEE  -  864 words
    • Article
      Lock icon A few biotech success stories will excite VCs
      532 8  -  Investors shunning sector because of the long wait for returns: expert By Chen Huifen VENTURE capitalists (VCs) may be shunning biotech firms here due to the longer time required for returns, but that may change once there are a few success stories
      532 words
  • Article
    Lock icon SGX
    867 8 Week ended: Jul 23 s>t>«—« m a— a>—9»| w m a— an t ARgreen 50c 0.30 0.9*0 -0 030 NOL 1.78 2.300 -0.020 WLmd US20C 0.39 0.760 ♦0.005 OCBC 9.84 U700 CaprtaLand 1.06 1.460 -0010 Parlcway H 25c 0.56 1100 Chart SerniCond 26c 0.90 1.090 -0.070 Pcopla-t Food HKSOc
    867 words
  • Article
    Lock icon BONDS & WARRANTS
    945 8 BONDS WARRANTS Prcm Expiry Tat Last Vol Com Excr Disc Gear Mths tm Salt (1WW «Ho Met Uh ABN f*****3$ ADflni 845******55 3779 ASL Marine Hldgs W***** 14 5 O.S 9 1 S3 41 331 45 3697 AonaLtdW*****6 AS 1 50 677 1300 4 3602 Amtefc W*****0 71 -4 15
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      433 8 Presented by ig lT| ASH w I L// V SINGAPORE SNCAPOKICHLNTSe CHAMM3I OF COMMEKCE INDUSTBY Non Member $60 per participant The 8!h Am*** Infocomm Commerce Conference often key business Insights and Infocomm strategies to help growing businesses become leading global Guest ot Honour enterprises of the future. Fusing infocomm technology
      433 words
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      20 8 Placing tenders? KMHVHMI Call 1800 289 8822 or email notkesOsph.com.sg to book your advertisement in our newspapers now. ULLULUfi-ikl I
      20 words
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  • MAIL bag
    • Article, Illustration
      Lock icon Libraries must reduce Internet access charge
      454 9  -  Leong Sze Hian THE libraries charge three cents per minute ($l.BO per hour) for use of the Internet, and 30 cents per page for printing from the computer. I understand that the cost of printing in black and white on a laser printer is
      FILE PHOTO  -  454 words
    • Article, Illustration
      Lock icon Internal auditors have a critical role to play
      649 9  -  Penelope Phoon Head of ACCA Singapore I REFER to the article, "What Enron, Worldcom can teach auditors" (BT, July 15). The report quotes Phil Moulton, a senior manager with Deloitte Enterprise Risk Services in Singapore, saying: "If a company lacks an internal
      BLOOMBERG  -  649 words
    • Article
      Lock icon Oil takes off on Yukos crisis; rising US$ pressures metals
      1078 9 COMMODITY WeeklyRoundup AFP [LONDON] Oil prices approached recent record highs last week as traders remained nervous about tight supplies and the threat of disruption to Russian exports. A resurgent US dollar, meanwhile, weighed on many commodities, notably gold and other
      AFP  -  1,078 words
  • Article, Illustration
    Lock icon FINANCE & COMMODITIES
    998 9 FINANCE COMMODITIES Week ended: Jul 23 PRIME LEMPDIO RATES BANKS Luxembourg 6 ABN Amro Bank NV 5.25 Deutsche Bank AG 5.5 ABSA Bank Limited 5.5 DBS Bank 4 25 Agricultural Bank Of China 5.5 Dresdner Bank AG 5.5 ANZ Banking Group 6 DnB NOR Singapore 6.0 American Express Bank 5
    998 words
  • Page 9 Advertisements
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      99 9 Fax your letters to 6319-*****r email them to btletterQsph.com.sg or write to: The Business Times, SPH HQ, 1000 Toa Payoh North, Podium Level 3, Singapore *****4. We need your full name, address and telephone number for verification. Please use temperate language, and bear in mind libel laws. We reserve the
      99 words
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  • REGIONAL news
    • Article, Illustration
      Lock icon Shanghai office rents among world's top 50
      402 10 HONG KONG Rents in Pudong district, at US$37.38 psf, rank as world's 37th most expensive Reuters SHANGHAI'S prime commercial areas Pudong and Puxi have joined the list of the world's top 50 most expensive places to rent office space, according to a survey
      Reuters; REUTERS  -  402 words
    • Article
      Lock icon HK media offices raided over naming of witness
      177 10 HONG KONG AFP HONG Kong anti-corrup-tion officers said yesterday they have raided several newspapers and arrested six people including a journalist in connection with a fraud probe involving a listed company. The Independent Commission Against Corruption (ICAC) swooped on at least six
      AFP  -  177 words
    • Article
      Lock icon Partial vote check confirms Bambang as winner
      341 10 JAKARTA Official results out today, but final tally mostly done AFP A FINAL tally of most votes in Indonesia's presidential election has confirmed exgeneral Susilo Bambang Yudhoyono as the winner, the election authority said on Sunday, a day before the official results were
      AFP  -  341 words
    • Article
      Lock icon Australia, M'sia to explore FTA
      221 10 SYDNEY AFP AUSTRALIA and Malaysia will examine the possibility of a free trade agreement today at a meeting of senior government officials, Trade Minister Mark Vaile's office said yesterday. Mr Vaile will meet his Malaysian counterpart Rafidah Aziz in Melbourne today at the 11th meeting
      AFP  -  221 words
    • Article
      Lock icon Fears of slowdown in electronics sector overblown, say analysts
      654 11 SINGAPORE They see growth in IT spending worldwide this year and next AFP FEARS of a slowdown in global electronics demand are overblown and the downturn should have minimal impact on the growth of Asia's economies, which rely heavily on technology
      AFP  -  654 words
    • Article, Illustration
      Lock icon Freeze on Global Trust Bank's withdrawals
      535 11 NEW DELHI AFP Reuters GLOBAL Trust Bank, a private bank in India with 882,000 depositors, has been ordered to freeze all withdrawals for a period of three months by the Reserve Bank of India (RBI), reports said yesterday. Media reports had suggested last year
      AFP; Reuters  -  535 words
  • Page 10 Advertisements
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      269 10 the City*""* 4 1847 lllff University IB ""New York Wi International Executive Master's Programs MSc in Finance (integrating CFA curriculum) MSc in Marketing MSc in HRM Leadership (coming soon) >► 1-year accelerated program tailored for working executives and > Fully taught in Singapore by overseas faculty who hold degrees from
      269 words
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      1600 10 HEAD OFFICE M0 >m IV I SINGAPORE MUNCH 9 Quai Ou President Paul Doumer M I l\l ***** Courbevoie, France ILw I 6 Raffles Quay #17-00 Vk Sinoaoore *****0 "gSWWWBy CORPORATE AND INVESTMENT BANK V 8»«« KlmM (formerly known as Credit Agricole Indosuez) f»«32!«2 CREDIT AGRICOLE INDOSUEZ Consolidated balance sheet
      1,600 words
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  • Article
    Lock icon COMMODITIES
    1636 11 SICOM FUTURES MM. RUBBER Futures (Closing prices) RSS1 (S cents/kg) Ctos« Volume Open Month High Low Sett (tornies) Interest Aug °4 215.75 cm 04 Z1Z.75 0*04 Nov 04 210.00 Dec 04 210.00 Jan/Mar 05 ***** RSS 3 (US cents/kg) /t Votam Month High low Sett (tonnes) Interest Auo04 1
    1,636 words
  • Page 11 Advertisements
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      245 11 Call toll-free 1800 289 8822 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND JN THE MATTER OF FIELDSTONE TRADING (S) PTE LTD (Company No: *****2584G In Members' Voluntary Winding Up) NOTICE OF FINAL MEETING NOTICE is hereby given that pursuant to Section 308 of the Companies Act, Cap.
      245 words
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  • WORLD news
    • Article
      Lock icon S Korean banks treble Q2 profit to 1.9 trillion won
      438 12 SEOUL They make more money from loans while fewer firms default on debt Bloomberg KOOKMIN Bank and other South Korean banks have nearly tripled profit to 1.9 trillion won (Ss2.B billion for the three months ended June 30, on higher
      Bloomberg  -  438 words
    • Article
      Lock icon WTO treaty talks come down to the wire
      550 12 GENEVA Ministers aiming to reach global treaty consensus this time AP GOVERNMENT ministers from around the globe gather this week at the World Trade Organization (WTO) here for a last-gasp attempt to agree on the framework of a treaty that they hope
      AP  -  550 words
    • Article, Illustration
      Lock icon Botin's dream may lead Santander into top ten
      588 12 Reuters [MADRID] Emilio Botin pledged a year ago to propel Santander Central Hispano into the world's top 10 banks by market capitalisation and the dream looks likely to come true with a bid for Britain's Abbey National. The boards of both banks
      Reuters; BLOOMBERG  -  588 words
    • Article
      Lock icon New cholesterol drug wins FDA approval
      395 12 NEW YORK SCHERING-PLOUGH and Merck on Friday received US regulatory approval for a "mega-blockbuster" cholesterol drug with estimated potential annual sales of US$3.4 billion by 2008, the Financial Times said. Analysts say the new drug could shake Pfizer's dominance of the market and change
      395 words
    • Article, Illustration
      Lock icon Mobile giants' fortunes changing
      560 13 STOCKHOLM Nokia is losing oat in the handset game, but rival Ericsson is powering on AFP AS once high-flying mobile marvel Nokia's slumping sales continue to impact the company's shares and tech stocks in general, Ericsson in neighbouring Sweden is offering investors a turnaround story of
      AFP; Source: Bloomberg  -  560 words
  • Page 12 Advertisements
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      169 12 ill? Ww^m^HV ,-*ji&*or mm \;>mor A BREAK OF A PIFFFRFf\|T KiND M PHUKET HEALTH TRAVEL n II II V r T URL: www.phukethealthtravel.com I II li N fj 1/ Email for a quote: info@phukethealthtravel.com RlJ ill I)II AH I Or call. 6447 0415 I¥Tl i 1 J i Presented JMB
      169 words
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      515 12 nCal toO-frcc 1800 289 8822 J-*-—*-* IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF SINGAPORE COMMUNICATION INVESTMENTS PRIVATE LIMITED (In Member's Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company held at 8 Temasek Boulevard #14-00 Suntec City Tower 3
      515 words
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      Lock icon Page 12 Advertisements Column 3
      3 12 Com^^^ ""few WS,^^TBB549
      3 words
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      53 12 MERITUS MANDARIN SINGAPORE 'W^^Hi«SSnWB BUFFET DINING AT ITS BEST Fresh oysters, delectable lobsters, savoury honey-glazed ham, US Prime Rib of Beef and many more mouth-watering dishes Z to leave you spoilt for choice. 5 Reservations: 6831 6271/72 MERITUS MANDARIN t»*«4 333 Orchard Road, Singapore *****7. Tel: +65 6737 4411. Fax:
      53 words
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  • Article
    Lock icon SGZ SESDAQ
    2066 13 52-M Td Lad Vol Meek LMtQKOtt Cftt* Dtv GrVM Nat MCap U» Co<a Clin «8 W- CSStl t—I lew Soyer So8er CVr Wt W 26 123 5000 ABRHtdgs5c 14 -1 65 15.5 13 13.5 16.5 27 42 21J 2101 APOiISc 30 *0.5 112 30 29 27 30 5
    2,066 words
  • Article
    Lock icon CLOB INTERNATIONAL
    341 13 S2-Wk Td Lad Vol Lad Quote GrOkr Mr GrVM Not MCap MMi low Co4o Conwy Ml W- rOOO) WWi low term Mo Cw Wi g 228 145 6000 A V Jennings A2Sc A177 +5 59 177 167 178 179 44 10.6 62 5.6 381 6001 Cathay Pac 20c
    341 words
  • Article
    Lock icon SGX MAINBOARD
    7004 13 Week ended: Jul 23 52-Wk Tel Lart Vol «M Lact Qwoto GrWv Wv GrYM Not MCaa HWi low Coda Cct—y Solo fWM> HWi U» Buyer SaMor CV K fcJI 255 7 5716 lit Software 5c 7 -1.5 ***** 8.5 7 6.5 7 271 34 31 3148 STetecomUSJc 33
    7,004 words
  • Article
    Lock icon SGX XTRANET
    64 13 S2-m T«l Last Vol WMk Lad Quote GfOv Mr GrYM Nat MCap I—i Law 0*4* Ci—lay Sate W- r—> tow Ma Cw PK fcJi 2060 MOO 6065 Diamonds US2060cd 2120 6095 ISDJUSTadt US3740 8097 ISMSaSpore„ US555 6101 ISSAPSOO US8270 ********** 6170 SPORS US***** 1S20 1531 623S ST1ETF100 1870
    64 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Lock icon Page 13 Miscellaneous Column 1
      201 13 CRYPTIC CROSSWORD ping rubbish! (8) 19 Holy man with a new JJL church position (6) bl FT f| 21 Reduction in the going L— 27 Where one may find grounds for removal (10) ——vessel bitches! (10) do boat, 11 Very, 12 Dido, 13 11 Fashion tip (8,4) Rampart, 15 Carvery,
      201 words
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  • BizIT
    • Article
      Lock icon Demand for IT security services seen soaring
      640 14  -  BT exclusive Researchers expect the market for IT security services in Asia-Pacific to grow twice as fast as region's overall market for IT services, reports Raju Chellam Raju Chellam WHEN the threats go up, the shutters come down. That's as true in the
      640 words
    • Article, Illustration
      Lock icon Osama e-mail contains Trojan horse
      209 14 AFP [WASHINGTON] E-mails purporting to contain evidence of Osama bin Laden's suicide contain a "Trojan horse" that can allow hackers to take over infected computers, security experts warned. "Computer users who fall for the Bin Laden hoax may be hit by a Trojan horse," the
      AFP; BLOOMBERG  -  209 words
    • Article
      Lock icon Anti-spam services also seen taking off
      303 14  -  By Raju Chellam AS corporate servers and gateways get jammed by the continuing spurt in spam, the market for antispam services is also set to take off exponentially, with more than 25 companies fighting for a piece of that pie. In 2003, the global
      303 words
    • Article
      Lock icon Sasser worm attacks spur sales at Symantec in Q1
      234 14 Bloomberg [NEW YORK] Symantec Corp, the world's No 1 maker of software to protect computers from viruses, said Q1 profit more than doubled as consumers and companies spent more during the Sasser computer worm attacks in May. The Sasser worm, which
      Bloomberg  -  234 words
    • Article
      Lock icon AT&T may be target for merger, takeover
      393 14 Rivals already keen to poach its residential users NYT [NEW YORK] Qwest Communications, the Denverbased telecoms company, said it planned to take out full-page newspaper ads to court customers of AT&T. The move is the first visible fallout from AT&T's announcement that it
      NYT  -  393 words
    • Article
      Lock icon Beijing wages war on porn Web sites
      198 14 AFP [BEIJING] Beijing has blocked 988 overseas Web sites and shut down 67 local ones as part of a nationwide campaign to weed out pornographic content on the Internet. Sites shut down during the July 6-21 special operation included Hong Kong Web sites.
      AFP  -  198 words
    • Article, Illustration
      Lock icon Innvo Systems wins more funding
      547 15  -  Money will help mobile phone software developer break into China By Amit Roy Choudhury IT'S champagne-popping time at the National University of Singapore's Incubator Centre as one of its first "babies", Innvo Systems Pte Ltd, closes a second round of funding totalling more than $5
      547 words
    • Article
      Lock icon NETg targets SMEs for learning packages
      212 15  -  By Gea Swee Jean THOMSON NETg, which provides corporate learning solutions, said it is now offering computer-based training and courses for SMEs (small and medium enterprises) in Singapore. The courses are customised for their needs and provide built-in feedback to maximise SMEs' investment. In
      212 words
    • ITTAKES
      • Article
        Lock icon Toshiba's new notebooks
        83 15 TOSHIBA Singapore is ready with the special edition of its lightweight wireless notebook computer, the Satellite M3O. Designed for consumers, families, students and gamers, the $4,099 notebook is touted to offer images brighter than standard wide-screen LCD displays. The Toshiba Qosmio ElO, available for purchase in September,
        83 words
      • Article, Illustration
        Lock icon Brother oolour laser printer
        47 15 BROTHER International Singapore has launched its HL-4200CN colour laser printer, targeted at enterprise workgroups and SMBs. The $3,988 printer is network-ready and prints up to 1,200 by 1,200 dpi (dots per inch). Its toner and drum are also separate. For details, visit www.brother.com.sg.
        47 words
      • Article
        Lock icon StarHub, Smartner offer mall service
        50 15 STARHUB has tied up with Smartner to provide Smartner Duality Always-on Mail Solution to StarHub customers. This extends the infocomm provider's range of pushmail services. It costs $28 a month for 4MB of data access, and $68 for unlimited data access. For details, visit www.starhub.com/business.
        50 words
      • Article
        Lock icon SGS sets up new network facility
        69 15 SINGAPORE is one of three facilities worldwide for a global WAN (wide area network) that verification, testing and certification firm SGS is setting up. SGS has signed a US$18.5 million deal with virtual network operator Vanco to implement the network, which will also operate
        69 words
      • Article
        Lock icon Affordable PCs for heartlanders
        65 15 ESYS has teamed up with Seagate to sell PCs to heartland customers through NTUC Fair Price supermarkets. The ePC317 model costs $439 and the ePC520, $699. The PCs are equipped with Seagate drives and have a 5-year carry-in extended service warranty and first-year free parts replacement.
        65 words
      • Article
        Lock icon McAfee protection for Mac
        58 15 MCAFEE Inc has launched the Virfex 7.5 for Mac users, offering anti-virus protection to small to large businesses. It is compatible with the Mac OS X and Power PC. It offers real-time prevention of Mac, PC and Unix viruses, worms and Trojans. It costs $59 foi
        58 words
      • Article
        Lock icon palmOne's names new manager
        28 15 PALMONE Inc has appointed Augustine Goh as its solutions development manager for the Asia-Pacific. Mr Goh was previously Plum tree Software's regional channel manager.
        28 words
      • Article
        Lock icon IBM forum business innovation
        44 15 A TWO-DAY IBM forum tackling issues of business innovation, people management and organisational responsiveness will be held from Wednesday at Raffles City. US Ambassador Frank Lavin will give an update on the Singapore-US Free Trade Agreement. To register, e-mail selvir@sg.ibm.com.
        44 words
      • Article
        Lock icon Mobile strategies conference
        28 15  -  Compiled by Gea Swee Jean A TWO-DAY conference on Mobile Data MMS Strategies by IBC Asia will be held from Thursday. E-mail denise.ho@ibcasia.com.sg for details.
        28 words
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      125 14 HITACHI Inspire the Next so I You know what you're going to say, your message is clear, your objectives J are set in concrete, you're ready for your all important presentation... but J is your display ready? Can your plasma monitor or projector render vivid, js eye-catching images on screen
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      189 15 O' E I jjj*. < ,-,a V f .j* |r# WHAT IS 0 V s n\ It s On Demand Business. Ready to respond to the fldce pressures and fluctuations of an on demand world! v zj v a On Demand Business is about transforming your business so it- responds
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  • SHIPPING TIMES
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      Lock icon SHIP SALES
      249 17 Contributed by Simpson Spence Young DRY CARGO: Activity stimulated by the improved freight market continued into this week though freight rates did weaken somewhat in the latter part of the week. An interesting sale was the panamax World Rule at U5527.6 million with 18 months' timecharter at U5519,250.
      Contributed by Simpson Spence & Young  -  249 words
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      Lock icon TRANSPORT STOCKS
      296 17 SGX '000 Jul 23 SS w- Vol 'CH Offshore 0.38 -0.01 708 ChuanHup .0.53 unch 441 Cosco Investment .0.88 unch ***** CWT Distribution 0.49 unch 0 Ezra Hldgs .0.96 -0.02 10 > Freight Links 0.10 unch 10 JayaHotdings 0.88 0.02 3546 K1 Venture™ 0.28 0.01 3098 Keppel Corp
      296 words
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      Lock icon Pirate killings hit record high
      403 17 30 killings reported in six months, while number of attacks falls worldwide AP [KUALA LUMPUR] Pirates killed more seafarers worldwide in the first six months of this year, sinking efforts to curb lawlessness in shipping lanes, a maritime group said. Thirty killings were reported globally
      AP; AFP FILE PHOTO  -  403 words
    • Article
      Lock icon Exporters fret as Brazil beefs up port security
      634 17 They say ISPS costs may make them less competitive Reuters [SAO PAULO, Brazil] Brazil's exporters are concerned that the extra costs they must bear for new security measures at ports and on ships may make them less competitive on the world market.
      Reuters  -  634 words
    • Article
      Lock icon Shanghai is first Asian port of call for Titanic show
      128 17 AFP [SHANGHAI] An upcoming exhibition of Titanic memorabilia will make its first port of call in Shanghai, offering a glimpse of the ocean liner's sinking 92 years ago. Three-hundred artifacts salvaged from the wreck of the Titanic, including remnants of
      AFP  -  128 words
    • Article
      Lock icon Nine feared dead in Pakistan ship tragedy
      191 17 AP [KARACHI] The nine crew members from a cargo ship that sank on its way from the United Arab Emirates to Pakistan are probably dead, officials said yesterday. The body of a man washed ashore early on Sunday near Sunera Point, about 30
      AP  -  191 words
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      Lock icon Union alleges security breach at LA port
      390 17 Reuters [LOS ANGELES] Port workers and shipping companies at Los Angeles and Long Beach squared off over safety at the one of the world's busiest ports, with labour unions claiming a "real security breach" and operators saying they had complied fully with new
      Reuters; BLOOMBERG FILE PHOTO  -  390 words
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      Lock icon Time to identify makers of dud propellers?
      803 18  -  DOCKYARD By David Hughes ON the poop deck of ships built up until at least the late *****, one would have expected to find a spare propeller, usually stowed not far from a large old, fashioned Admiralty Pattern kedge anchor. Seamanship manuals of
      BLOOMBERG FILE PHOTO  -  803 words
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      Lock icon SHIPPING SCHEDULES INDEX
      184 18 PAGE Alianca 3 AAL 5 Avant 5 Bank Line 4 B'tang Mas 3 BSA 4 BTL 6 CMACGM 3 COSCO 3 China Shpg 4 Confer 5 Crocodile Line ....4 Delmas 4 Dongnama 3 EP Carriers 5 ECL 3 Eng Lee 5 Eukor 2 Eurasia 5 Foong Sun
      184 words
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      Lock icon SHIPPING GUIDE
      12041 22 THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number To ABIDJAN (ABJ) 2003 Cot* D'lvolre 02/08 08/09 China Shpg MERKUR BRIDGE 4013W 65-*****898 03/08 14/09 COSCO EMPRESS HEAVEN 0145W 65-*****900 04/08 14/09 CMA CGM CMA CGM ELBE SX055W 65-*****800 07/08 31/08 Del mas
      12,041 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        442 25 Vessel Voy No Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL DAXIN 045W J18/19 A/SIDE 26/07 0500 MARCOPOLO 18 01/04J J15 A/SIDE 26/07 0630 QINGJIANG 151 J8/9 A/SIDE 26/07 2300 BAYSWATER338 M4181 J3 26/07 0900 26/07 2359 BT JAYARAYA2 *****4 J1 26/07 1000 26/07 2300 BUANAOCOI G22/04 J5/6 26/07 1000
        442 words
      • Article
        Lock icon CONTAINER SCHEDULES
        1843 25 CONTAINERS TERMINAL AND VESSEL SCHEDULES v.* Vessel Out In Bth Berthing Un- Berth Name Voy Voy_seq berthing Nmbr ACX DAHUA 078N 078N 1 26/07/2004-14:00 26/07/2004-21:00 TPS ACX MARGUERI 033$ 033S 1 26/07/2004-17:00 27/07/2004-04:00 804 ACX MARIGOLD 016N 016N 1 28/07/2004-13:00 28/07/2004 23:59 ACX RAFFLES 093S 093S 1 27/07/2004-07:00
        1,843 words
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        Lock icon GLOBAL HOLIDAYS
        136 25 Aug 1 Switzerland: Nat Day. Aug 9 Singapore: Nat Day. Aug 12 Thailand: Queen's Birthday. Aug 15 France: Assump Day. Belgium: Assump Day. India: Indepen Day. S Korea: Libe Day. Aug 17 Indonesia: Independ Day. Aug 20 India: Parsi New Day. Aug 30 UK: Summer Bank Hoi. Aug
        136 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        798 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
        798 words
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        Lock icon VERITAS BUNKER QUALITY REPORT
        527 25 Carbon 180 Max 963.7 0.3 1S.2 0.03 41 0.03 j„i >2 Density Water Residue AshAlumlnium Sediment No above E25 0 0 1 0 iliii 380 Ave 987.9 0.2 14.9 0.04 19 0.02 t „oU 380 Max 1013.5 0.7 17.9 0.07 55 0.06 K6/m*3 V/V *> m/m
        527 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon China, US sign agreement to expand air traffic
        531 26 Number of flights between the two countries will increase four-fold from August Reuters [BEIJING] China and the United States signed a deal on Saturday to increase by more than fourfold the number of commercial and cargo flights between the two countries, starting
        Reuters; AP  -  531 words
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        Lock icon £10b London rail project gets govt backing
        504 26 AP [LONDON] Prime Minister Tony Blair's government supported a new east-west rail link underneath London, but said that it would be a "huge challenge" to fund and deliver the £10 billion (5531.6 billion) plan. Transport Secretary Alistair Darling said last week the plans
        AP; REUTERS  -  504 words
      • Article
        Lock icon Airbus 'ahead' in race for US$5b Virgin deal
        176 26 Reuters [LONDON] European aerospace giant Airbus is "marginally ahead" of US rival Boeing in a battle to win a US$5 billion aircraft order from Virgin Atlantic, a British newspaper reported yesterday. "We are on the verge of putting in a very big
        Reuters  -  176 words
      • Article
        Lock icon Sydney Airports sees deal on sharing of upgrading costs
        209 26 Bloomberg [MELBOURNE] Sydney Airports Corp expects to reach agreement with airlines within weeks over sharing the cost of upgrading Australia's busiest airport to accommodate Airbus super jumbo A3Bos. Chief executive Max Moore-Wilton told Channel Nine's Business Sunday programme: "We're well advanced
        Bloomberg  -  209 words
      • Article, Illustration
        Lock icon Composition of runway debris a factor in Concorde crash
        405 26 AP [PARIS] A French investigation shows that the crash of an Air France Concorde in 2000 resulted in part from the composition of debris that punctured the plane's tyre, judicial officials said. A stray strip of metal from another airliner that
        AP; AP PHOTOS  -  405 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        2062 26 OK i*73w gg mS sods Asso ttU *46 121 22 KM «li S043t 2030 Amtarfe. S0323 068 KU38 2255 gg? SS 2£ "v5! SS SS! ttt *7770 1050 EK431 0325 "TV S042S 128 S0404 2325 Auckland EK405 0100 EM04 1520 r»j04 um EM31 0215 LH906 2020
        2,062 words
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      912 18 I TO USA/CANADA I 1 EXPORT I I OTHER DESTINATIONS I iVBSa |VOY |P*G Ih* SX LOWG KACHIDAUAS jHOUSTOWI I CXCAGOI WfW YO«K 1 TO AUSTRALIA (AUSTRALIA ASIA EXPRESS) PftO NEDLLOYD KOBE 41E31 OMIT 2M17 I M lf/M 20/08 18/06 18/08 21/08 yiSSa VOY ETA SIN PKG FRE Imi I
      912 words
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      551 18 Lines services represented by I'Kn'i Members of the Registry of Accredited Shipping Agents, "y Singapore Shipping Association Members of the Singapore Logistics Association CONTAINERS/ CONVENTIONAL CARGO ran kiang/singapom/jakarta t Bangkok voy etapkl eta sin eta male KotaTtegap TGAO7I 24/07 04/08 Princess Lily 0504 30/07 07/08 LILY MARINE SERVIC ES SINGAPORE
      551 words
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      751 19 MQj. Combinoj I cTrange of shipping modes lo ensure timely, S*«nSa nK^°r I h >fcrft America, Europe, Japan, Asm, Afnco Oceania. L Also accept htra-Asta C«|MS to: |vs For I* Weekly Containerised Sendee To: I Weekh Stattle Service to Soath Aftfai Singapore to Wert AMce (vfa D«b«) L s IM
      751 words
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      Lock icon Page 19 Advertisements Column 2
      2168 19 NEW WEEKLY "ADX" SERVICE TO EAST MEDITERRANEAN ON EVERY FRIDAY j SINGAPORE TO ISIAMUL -IS DAYS mmißit PTE ITD agßigr gg&. "S SM6APOBETOTHKSALONHU -HMYS REGM0.*****1787G TEL 6226 1900 («UIH) T/SHIPDEP *****825 "?"'t /46 I SINGAPORE TO IZMIR U DAYS JOHOR'S OfFICE «MO: **********0* CONVENTIONAL *****850 *****208 MiIWHrVKK IV COSTAR ACCHCItS
      2,168 words
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      893 20 lAjkAI wallenius wilhelmsen W website: http://www.2wfllobfll.tom [VESSEL I VOY I RAMP I HEIGHT SIN IK MAO HOW MIA SAV »Al ORE NYC NEW MOO ITARONGA AF4IS 3201 ms 6.25 M I 31/07 25/08 03/09 10/09 11/09 15/09 13/09 17/09 07/09 TAPIOU AI4M I 4001 m 6.3 M 06/08 11/08 14/08
      893 words
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      62 20 IM VOY ETA ETA EIA EU^H M VESSEL NO PKI SIN MALE CBO M BmALDIVE CARRIER _748 PRINCES? ULY 1J504 28/07 ***** MALDIVESTAR 550 29/P7 26/07 07/08 CARRIER 749 15/D8 19/08 28/08 8111 I I B SCHEDULED SAIUNGS TO I I COLOMBO H Singapore Seaward Shipping Agandai Pt« ltd H
      62 words
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      1483 20 WAN HAI INTERNATIONAL PTE LTD a NO: 14******000^1 xU lAf ALI 11 AI I llirr TtL***** SIS (MUNIS) FAX:*****163 VYI l WAN HAI LINES I*-(1800)*****200 V WWflll llfll klllkJ HI IB: 03) SMMMI MJb (03) *****2 M WTIL- (04) *****00 NUL (04)22*4199 I »lfc (07) 25lira MX: (0701W21 SIR TH:
      1,483 words
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      814 20 MYANMA PQ FIVE STAR LINE (Mvanmor Notional Line) Loading (or Yangon VESSEL VOT SIN PKL PEN POU PAGAN 328W SU> HPA-AN 320W SID SU> IN MALAYSIA: lOUSTIAD SHIPPING AGENCIES KUL 03-*****)00 PKL 03-*****101 PEN: 04-*****02 ACCEPTING CONVENTIONAL CBO VESSEL VOY HKG SIN PGU PKL KUC LION HEART 111 SID SID
      814 words
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      1151 21 IVISSEI VOY I SIN I PKL I KARACHI I PX> BAB DMM UK KHORRAAASHAHR IRAN SHAHRYAR KL1039 30/07 31/07 07/0S 10/08 11/01 18/01 21/08 24/08 IRAN SATTARI PCI 8040 07/08 08/08 15/08 16/08 17/08 24/08 27/08 30/08 IRAN KORDESTAN PCL 8041 14/08 15/08 22/08 25/08 26/08 02/09 05/09 08/09 IRAN
      1,151 words
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      710 21 UK CONTINENT SERVICE Loading for ANTONIS RTM/ATW/BMNAJK/NAN STARLY RTM/ATW/BMNAJK/NAN Loads Singapore, E7W. Malaywa, Indonesia MIDDLE-EAST SERVICE Loading for GOLDEN SUN ADN/HDD/JDH/AQA C CHAMP DMT/YAR/BZA VTC STAR DBI/ABU/DOH/BRN/DMM/KWT •Loads Singapore, EVW. Malaysia, Indonesia USA SERVICE Loading for IVORY STAR LAX/VCW SAMOS DREAM CAM/NOL/NFK/SAV •Loads EVW. Malaysia, Indonesia F.E./S.E.A. SERVICES S pore
      710 words
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      1225 21 VKSII m m w jassa m sb— KL_— PAC HNPA 17S7N 21/07 22/07 PAC HKTAh 125Z 21/fiZ 2JZJZ csf 2301 EfifiZM 22M ZiZfiZ— PM Mil 421S M 2S4Z— PAC lANDA IISM 23/07 23/07 MiilW 24/fIZ 26/02 PKMNDA mSB 2m KM PACHHTA* 9258 28/07 _31/Qf of 2301 KfifiSM am 26/07 PACIANOA
      1,225 words
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      280 22 ■Mlffiffl TIGER PEARL 203N 29 30/07 05-07/08 13-14/08 1 ■jLj&jUyja TIGER SKY 204N 04-05/08 10-12/08 18-19/08 TIGER SEA 205N 06-07/08 13-15/08 20-21/08 ■■■■■TIGERWAVE 206N 11-12/08 17-19/08 25-26/08 TIGER PEARL 207N 13-14/08 20-22/08 27-28/08 I HNMnMiMIC HERITAGE 002 27-28/07 04-06/08 ■UttlUflj BALSAM 159 28-29/07 04-06/08 14 15/08 1 BOX OSLO 003
      280 words
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      Lock icon Page 22 Advertisements Column 2
      708 22 \r* (1 i n. x r M cf-nterasia JU,i>nes m um*u/n fq« 6323-6433 w«b»ru: www.i«t*mi«iiM».f 1 SUPER EXPRESS SERVICE TO HONQ KONG A JAPAN I ypsa voto»»o»srz tto ro» 16 m w rasa Iwrim bcp |w» losx im Ismz Ittq Itok I MOL OASIS 5254 11/07 12/07 13/07 14/07 15/07
      708 words
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      Lock icon Page 22 Advertisements Column 3
      550 22 I AT-] nr\"7 I lIVICC MAIN: TIL 4221-1J33 FAX: 6221-5272 I Arfo i I Wfc LIIMCO CUSTOdW SBtVKtnL 6221-SS»6fAX: *****190 I SINGAKXE: TOWC JOO SHIPfWG PTE LTD b to o» gt fr- t ihMm _^m«y«COjnAIWtttiymKBTOMJUgJLI^ Ivtssa vot rusw »ot vnsu vot msw sou vßsa vor n>«w wo vcsa wr roai
      550 words
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  • Page 25 Miscellaneous
    • Miscellaneous
      Lock icon Page 25 Miscellaneous Column 1
      118 25 I FOR 7AM 26 Jul 2004 f V Issued by Meteorological Service Division,NEA LEGEND: Thunderstorm Wind speed symbols v 7 Showers C Full circle w/o line indicates calm or light and variable winds Rajn One half fleche represents 5 knots Cloudy Day -One full fleche represents 10 knots x Hazy
      118 words
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