The Business Times, 2 August 2004

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Total Pages: 26
1 26 The Business Times
  • 15 1 THE BUSINESS TIMES MITA(P) 023/03/2004 850 Intf'iet iii ;'c oiness-times.asial.com.sg SINGAPORE MONDAY, AUGUST 2, 2004
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  • 658 1  -  fTalf-timA Aamingg more than double for first 50 companies to report results By Kenneth Lim [SINGAPORE] With the July reporting season now under way, the half-year earnings of Singapore listed companies with December year-ends have so far met or exceeded analysts' expectations.
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  • 85 1 As of 7pm, Friday, 80 SGX-listed companies had released their financial results for the.six months ended June 30, 2004. They recorded a combined $3,120.1m in group profits, up 110% over the same period last year. The breakdown is as follows Wo wtth profits; 46 Ho wttfi lo—— 4
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  • 650 1  -  Analysts see end of 25% earning* growth of previous quarters From Andrew Marks in New York AS the second quarter earnings reporting season of listed US companies draws to a close, very few investors can complain about the results they have been seeing. In fact,
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  • 1008 1  -  BT exclusive Bambang pledges business-friendly govt if he wins From Shoeb Kagda in Jakarta THE front-runner for the Indonesian presidency, Susilo Bambang Yudhoyono, has sent a clear message to foreign investors that his administration will be probusiness should he win the Sept 20 run-off
    REUTERS  -  1,008 words
  • 63 1 Week Change STI 18W.71 +41.45 KLSK COMP 833.98 -4.22 NIKKEI 225 *****.78 +138.45 HANG SENG *****.03 -***** SET INDEX 636.70 -11.77 JAKARTA COMP ...***** -9.39 MANILA COMP -1584.70 +25.48 TAIPEI TAIEX —5420.57 +46.72 SEOUL COMP ***** -2.17 SHENZHEN B 244.05 -1.81 AUSTALLORD .3546.10 +50.40 DOW JONES *****.71 +177.49 NASDAQ
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  • 74 1 FOREX RATES us$ s$ (]S$ (S$ per IIS$) 1.719 £(US$/S$per£) 1.813 3.117 EURO(US$/S$/E). 1.205 2.071 YEN 111.7 65.00 RM 3.800 2.210 HK$ 7.800 4.536 BAHT 41.37 24.06 RUPIAH 9,163 5,329 RENMINBI 8177 4.814 INDIAN RUPEE 46.42 27.00 A$ 1.430 0.832 NZ$ 1581 0.919 PRIME RATES SINGAPORE 535 MALAYSIA 6.00
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  • Page 1 Advertisements
    • 84 1 V jflj Saturday samplers choose from an a la carte menu featuring mezza9's all-time favourites in sample dishes every Saturday lunch time, order as many dishes as you desire, as many times as you want. sampler dishes are priced at $9 each per order. is served from 12noon to 2.30pm
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    • 31 1 v f Colour is money for SGX aspirant Got the lowdown on Mocjhmani. the first Indian company to seek a Sincjapt f r listincj in 8 1 *****1 1, *****4 11
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  • NEXT page
    • 640 2  -  Crucial deal clinched for agriculture and other sectors From Ravi Kanth in Geneva A HISTORIC accord reached by the World Trade Organization (WTO) last Saturday brought the long-stalled global trade liberalisation talks begun in Doha back on track, Singapore's Trade and Industry
      640 words
    • 616 2  -  Tokyo opposes EU plan to enforce IFRS, says its rules meet US standards From Anthony Rowley in Tokyo SEVERAL hundred Japanese companies, including some of the biggest and internationally best known names, could find themselves shut out of European
      616 words
    • 709 2  -  Many post record earnings and expect continued growth By Raju Chellam [SlNGAPOßE] Despite dire warnings of the slowdown in the global high-tech industry, top-tier Asian electronics giants have posted record quarterly earnings, with some beating even their own expectations. Most of them also
      BLOOMBERG  -  709 words
  • Page 2 Advertisements
    • 258 2 1 UniSA MBA Singapore 26th Intake Starting Soon! South Australia The only Austra,ian MBA in Singapore accredited by EQUIS, European Accreditation Agency cricos provider Top MBA in Australia Good Universities Guide to MBA and Graduate Management Numberool2l6 r» Programs 2004 Rexible completion options in Singapore, Europe, Adelaide, or via online
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  • SINGAPORE companies
    • 866 3  -  Will the company, which has a higher valuation, be as warmly received as China-based listings? By Ven Sreenivasan "WE add colour to your life," quipped Ashish Soparkar. Mr Soparkar may be right. For he is the co-owner of one of the world's biggest producers
      866 words
    • 706 3  -  HOCK lock siew loh hui yin IT WAS a shipshape Neptune Orient Lines that rolled out its sec-ond-quarter results last week. Beating all forecasts, the transportation and logistics group's Q2 net profit for the three months ended June 25 soared to US$lB6 million. This
      706 words
    • 1378 4  -  Companies mast go beyond mere compliance with minimum requirements and aim for best practice By Penelope Phoon THE Corporate Transparency Index (CTI) is rapidly becoming established as the benchmark by which stakeholders in Singapore can measure how well businesses communicate with them through annual
      FILE PHOTOS  -  1,378 words
    • 915 5  -  It sees revival in Japanese market and plans to focus on smaller properties By Joyce Koh TETSUO Yamashita, executive chairman of mainboard-listed Japan Asia, is a man of detail. Fresh from chairing his first annual general meeting in Singapore, he displays this trait repeatedly, especially
      CHRIS LOH  -  915 words
    • 378 5 It finds US$66m in unreported costs in accounting review Reuters [WASHINGTON] Global Crossing Ltd has found US$66 million in unreported costs during an accounting review of its finances, and asked Nasdaq to delay its decision on whether the company's shares should
      Reuters  -  378 words
    • 361 5 Showy posts earnings in HI SHOWY International, a kitchen and sanitary fittings supplier, turned in an interim net profit of $707,000 on revenue of $3.9 million for the six months ended June. Showy said there are no comparative figures for the group as the company has incorporated a subsidiary
      361 words
  • Page 3 Advertisements
    • 173 3 is proud to announce the appointment of Dr Susan Lim MBBS (Hons I), FRCS (Edin, Gold Medal), FRCS (Clasg), PhD (Cambridge), FAMS (Surg) as a Fellow of Trinity College Dr Susan Lim, an accomplished and renowned surgeon and role model for Asians, becomes the first Singaporean and the youngest to
      173 words

  • Page 4 Advertisements
    • 147 4 TO ALL OUR VALUED CUSTOMERS You are hereby advised that the Singapore Logistics Association and the Singapore Transport Association endorse the imposition of a 6% fuel surcharge on road transportation and related services provided by their members with effect from 2 August 2004 until further notice. The surcharge is unavoidable
      147 words
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    • 326 4 NUMBER fIPSNHi GROSS MATURITY YEAR RAISED COUPON AMOUNT INTEREST OF DAYS OF PRICES* REDEMPTION DATE RATE (fan) PAYMENT ACCRUED (EXCLUDING YIELD ISM CODE (Np.a) DATES INTEREST ACCRUED INTEREST) 15.*****4 N*****0E 1997 51/8 1500.00 15/5 15/11 76 101.18 1.08 5G********** 01.*****5 NSOOIOOX 2000 4 *****0 1/2 1/8 180 101.45 1.12 5G**********
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    • 25 4 I 1 Recruit from a wider audience n n n Call 1800 289 8822 or email recruh@sph.com.sg for your recruitment solutions •i JJIII L J
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  • Page 5 Advertisements
    • 54 5 MEGHMANI ORGANICS LIMITED (Incorporated in Gujarat, India, on 2 January 1995) With four manufacturing plants in Gujarat, Invitation in respect off 100,400,000 Invitation SDS» each India, Maghmani Organics is principally representing one half of one equity ehere of Re. 1 eech, engaged in the manufacture and sale of ulei liouieCoofMrt
      54 words

  • SINGAPORE markets
    • 809 6  - Wall St still overvalued, complacent BT comment STOCKS r. sivanithy SEVEN months into 2004 and Wall Street still has not lived up to predictions that it would post a strong showing this year the Dow Jones Industrial Average is down 3.5 per cent while the Nasdaq Composite has lost 6.7
      809 words
    • 591 6 AFP [HONG KONG] The yen led major Asian currencies in an across the board drop against the dollar last week amid uncertainties over oil prices and growing optimism for the US economy which has bolstered the greenback. Japanese yen: The yen
      AFP  -  591 words
    • 84 6 Events investors can watch out for SMRTs dividend payment, Aug 3 Zhonfs dividend payment, Aug 3 SATS Svcs' dividend payment, Aug 4 WwmM Intl's dividend payment, Aug 5 QB Hldgs' dlvidand payment, Aug 6 Metro Hldgs' dividend payment, Aug 6 SinfPost's dividend payment, Aug 6 WBL Corp's dividend
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    • 1092 7  -  BT portfolio STOCKS ten nooi itng HE Straits Times Index rose to a near four-month high on Friday. For the week, it gained 41.5 points or 2.2 per cent to end at 1,891.71 points. However, as reported in a BT column last Friday, the rise in
      1,092 words
    • 1225 7  -  ISIDE MARKETS Notable trades involve Guangzhao Industrial Forest, LifeBranz and M1, reports Robert Halili Robert Halili THE trading was thin based on filings in the last week of July with only 24 trades worth $3.6 million last week
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    • 279 7  -  HOT STOCK WARRANT By R Sivanithy MOST readers would know by now the woes of the IPO market on Saturday, for instance, BT reported that more than half the new counters which were listed over the past four years have now fallen below
      Source: Bloomberg  -  279 words
  • 633 6 Payment Ex Books Pay Payment Ex looks Pay l&l <«$_ l£Bl Ml dost Airocean5c b 0.30 10-Aug 13-Aug 01-Stp Pac Andes 20c b 1.25TA 06-Aug 12-Aug 26-Aug Asiatic Grp 10c y 039 10-Aug 13-Aug 25-Aug Popular 10c F 0.50 03-Stp 0>-Stp 20-S«p ASJ Hldgs20c gg ION 26-Xjl 29-Jul
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  • 1595 6 The stock recommendation is the average of all the recom- Number «*KASTMed£n Number forecast M«*£n Number forecast Median mendations submitted by analysts following the stock. There recommendation of EPS re Target recommendation of eps re Target recommendation of eps re Target is a total of 29 brokers submitting
    1,595 words


  • SINGAPORE news
    • 564 8  -  BT exclusive Phase I space 90% taken up; Phase II to be aimed at private companies By Vince Chong JTC Corporation will invite proposals from developers to build the second phase of its Biopolis project in September, now that 90
      FILE PHOTO  -  564 words
    • 368 8  -  Aim is to build critical mass of talent for MNCs By Chen Huifen IN line with rising interest in the biomedical sciences industry, PSB Academy has launched a three-and-a-half-year degree course by partnering the University of Western Australia to build up skills in Singapore.
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    • 254 8 PETER Brabeck-Letmathe, CEO of the Nestle Group since 1997, will be the distinguished guest speaker for the first Raffles International Lecture 2004. Presented by CapitaLand, this event was conceived as a forum for business leaders and entrepreneurs to gain insight and inspiration
      254 words
    • 311 8  -  EYE on the economy pmi By Andrea Tan THE purchasing managers' index is likely to stay in the expansion zone in July its 13th consecutive month but export orders could ease, said Citigroup. Citigroup in its Asian Economic Weekly report said export
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    • 447 8  -  MAIL bag Jasna Dhansukhlal Manager, Corporate Communications National Library Board WE refer to Leong Sze Hian's letter "Libraries must reduce Internet access charge" (BT, July 26) and would like to clarify that the multimedia stations at libraries provide more than just Internet
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  • Page 8 Advertisements
    • 1299 8 ad IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE Originating Summons No 926 of 2004/W In the Matter of Section 210 of the Companies Act (Cap 50, 1994 Ed) And In the Matter of HOCK CHUAN ANN CONSTRUCTION PTE LTD (RC NO. *****0728 M) NOTICE OF MEETING TO CONSIDER
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    • 429 8 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF AXIOM INVESTMENT HOLDINGS SEA PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN pursuont to Section 308 of The Companies Act, Chapter 50, that the Final Meeting of the members of the abovenamed company will
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    • 21 8 Lianhe Zaobao S Minf I long credit I I terms I I in China I I I I I I I
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    • 27 8 Recruit the one you want for any position you have Call 1800 289 8822 or email recruit @sph. com.sg for your recruitment solutions ■iUBIS If w z
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  • REGIONAL news
    • 416 9  -  Its annual report shows GIG as shareholder, before Temasek's interest From Eddie Toh in Kuala Lumpur TEMASEK Holdings may not be the only major institutional Singapore investor in Malaysian Plantations (MPlant) should it secure the nod from the authorities to own a
      416 words
    • 153 9 KUALA LUMPUR Reuters MALAYSIA intends to privatise its entire water supply and sewerage services, after attempts to privatise just a portion of the system resulted in higher costs, a government minister said on Saturday. Energy, Water and Communications Minister Lim Keng Yaik said that
      Reuters  -  153 words
    • 700 9  -  BT comment KL STOCKS Malaysia has its work cut out balancing budget eddie toh THE Malaysian stock market has not been able to sustain its upward momentum despite a deluge of positive reports in the past few months. The Kuala Lumpur Composite Index
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    • 270 9 KUALA LUMPUR High-profile sign of anti-corruption drive by new PM AFP THE fraud trial of the former head of Malaysia's national steel company begins today, in one of the most high-profile signs yet of Prime Minister Abdullah Ahmad's anti-corruption drive. Singapore-born Eric Chia, 71,
      AFP; NSTP  -  270 words
    • 1112 9 COMMODITY WeeklyRoundup AFP [LONDON] Oil prices surged to record high points, fuelled by fears about tight supplies amid a worsening threat of disruption to Russian exports caused by the financial crisis at Yukos. Gold prices fell to around six-week low
      AFP  -  1,112 words
    • 533 10 BANGKOK Projects launched in HI hi H1 103b baht, almost back to pre-crisis levels Reuters A SURGE in home building in Bangkok is fuelling talk that another speculative property bubble is forming less than a decade after a market crash submerged banks
      Reuters; AFP  -  533 words
    • China's domestic banks can invest in HK bond market
    • 276 10 HONGKONG It'll be largest foreign acquisition of a mainland lender: report Reuters HSBC Holdings pic's purchase of a stake in China's Bank of Communications could be announced this week, the South China Morning Post reported. The Hong Kong newspaper said a deal
      Reuters  -  276 words
    • NOTEBook
      • 69 10 Bloomberg [HONG KONG] Macau's casinos, including Las Vegas Sands Inc's Macau Sands, took in a record HK$4 billion (SsBBo million) of revenue last month as more gamblers visited from mainland China, the Sunday Morning Post reported. The takings, up 57 per cent from July 2003,
        Bloomberg  -  69 words
      • 95 10 Bloomberg [SHANGHAI] Formosa Plastics Corp of Taiwan will start a US$l billion car venture in China's eastern port of Ningbo, the 21st Century Business Herald reported, citing Lee Tsung-Chang, Formosa's automobile executive. Formosa Plastics, Taiwan's largest maker of polyvinyl chloride or PVC, said it
        Bloomberg  -  95 words
      • 59 10 Reuters [JAKARTA] Indonesian Vice-President Hamzah Haz has expressed support for President Megawati Sukarnoputri, providing a small boost for her re-election bid in September's run-ofF polls, local media reported yesterday. Mr Hamzah had contested for the presidency in the first round of the polls in July but
        Reuters  -  59 words
      • 55 10 AFP [BEIJING] China has kicked off a massive, two-year survey of its military's involvement in business and economic activities, state media reported yesterday. The survey will cover all units of the People's Liberation Army that have been given permission to provide commercial civilian services and products,
        AFP  -  55 words
      • 76 10 Reuters [HONG KONG] Hong Kong's Budget deficit fell 41 per cent in the fiscal first quarter from a year ago, the government said on Saturday, reflecting improved economic conditions and a resurgent property market. The sharp decline was helped by a pickup of land sales
        Reuters  -  76 words
  • 961 9 FINANCE COMMODITIES Week ended: July 30 PRIME LiarPDfQ RATES BANKS Luxembourg 6 Populaires 6 Standard Chartered 5.75 ABN Amro Bank NV 5.25 Deutsche Bank AG 5.5 National Aust Bank 6.25 Sumitomo Mitsui Bk Corp 6 ABSA Bank Limited 5.5 DBS Bank 4.25 National Bank of Kuwait 5.75 Sumitomo Trust Agricultural
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  • 1642 10 SICOM FUTURES Jul 30 RUBBER Futures (Closing prices) RSS1 (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Aug 04 217.25 Sep 04 216.50 Oct 04 214.00 Nov 04 2R00 Dec 04 214.00 Jan/Mar 05 214.50 RSS 3 (US cents/kg) Volume Open Month High Low Sett (tonnes)
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  • WORLD news
    • 1074 11  -  NEWS analysis White House contender is proposing a change in the methods and style of achieving US goals in Iraq From Leon Hadar in Washington THE general consensus among political observers is that the Democratic Party, hungry to retake
      REUTERS  -  1,074 words
    • 288 11 WASHINGTON AFP DEMOCRATIC presidential candidate John Kerry leads President George Bush 52 per cent to 44 per cent in a hypothetical two-way race after the Democratic Party's convention, Newsweek magazine reported on Saturday. In a three-way race including independent Ralph Nader, Mr
      AFP  -  288 words
    • 538 11 SEATTLE AP Reuters TOP Internet search engine Google Inc began taking bids on Friday for the public auction process it will use to sell as much as US$3.3 billion of shares to the public for its planned offering in mid-August. A Google spokeswoman confirmed
      AP; Reuters  -  538 words
    • 329 11 CANTON, Ohio He tells Beijing to cat yuan peg at a rally in Ohio, a state hit by job losses US PRESIDENT George Bush took a swipe at China's currency policy on Saturday, vowing to protect US workers as he hailed the nation's economic recovery
      AFP  -  329 words
    • 519 12  -  Dollar pessimists fail to take this into account, says study From Neil Behrmann in London MONEY laundering, tax and exchange control evasion, and other irregular capital flows are buoying the US dollar and financing a substantial portion of the US current account deficit. A study
      519 words
    • 791 12  -  Survey shows local residents think business conditions have improved By Christopher Reed in Los Angeles SILICON Valley, once a vast belt of orchards south of San Francisco where the world's computer industry was born, has clearly not recovered from the crash of
      FILE PHOTO  -  791 words
    • 525 12 WASHINGTON 20% of those laid off 3 years ago yet to find employment Reuters ONE in five Americans laid off from a long-term job in the last three years was still unemployed in January, and most who had found
      Reuters  -  525 words
    • 285 12 NEW YORK Reuters TOP federal and local law enforcement officials met over the weekend to discuss new intelligence about a possible Al-Qaeda attack against major corporations or high profile buildings in Manhattan, a police source said yesterday. The New York Police
      Reuters  -  285 words
    • WORLDWatch
      • 116 12 Reuters AFP [LONDON] Giant US financial services firm Citigroup approached Britain's Abbey National about a possible bid before its current suitor, Spain's Santander Central Hispano, the Financial Times said on Saturday. Speculation swelled last week about a counter offer to SCH's agreed £8.2
        Reuters; AFP  -  116 words
      • 61 12 Reuters [LONDON] The world's biggest hotelier, Intercontinental Hotels, is considering selling its British hotels as it seeks to cut its real estate holdings, the Financial Mail reported yesterday. The British-based group, which operates the Intercontinental, Crowne Plaza and Holiday Inn brands, could sell almost all
        Reuters  -  61 words
      • 71 12 Reuters [CHICAGO] The privately held Hyatt hotel chain is being prepared for a public offering or for expansion as early as next year, the Chicago Tribune reported on Saturday, citing a company document. Such moves would cap a process launched in March 2003
        Reuters  -  71 words
      • 66 12 Bloomberg [SEOUL] South Korean exports rose more than expected in July as manufacturers shipped more cars, computers and cell phones abroad. Overseas sales rose 38 per cent from a year earlier to US$2l.4 billion after surging 39 per cent to a record in June.
        Bloomberg  -  66 words
    • 375 13 LONDON The Glazer family, with 19% stake of club, is in talks with banks, it says THE family of US sports tycoon Malcolm Glazer is in talks with banks to raise cash for a takeover of Manchester United, the world's richest soccer
      AP  -  375 words
  • Page 11 Advertisements
    • 35 11 S r->~ <«*)«.'-♦•- 1 The paqe features </l exclusive BT interviews with developers, spot news and Ci 111 up-to-date reports r by market property veterans Sh¥MnT. on the both commercial and > I residential sectors <, 1 Sunt
      35 words

  • 1776 12 Week ended: Jul 30 im&mmm m Owe 0—pa SUA—» W Ow Qmrn AJtgreen 50c 0.31 IjOSO NOL 1.82 2430 ML Intf US20c 039 0.780 *0.005 OCBC 1032 ***** CapitaLand 1.11 1.570 *0330 Parkway H 2Sc 055 1.110 Chart SemiCond 26c 032 1.020 <0.010 Peoples Food HICSOc 035 1.100 -0310
    1,776 words

  • 6935 13 SGX MA1HB0ARP Week ended: Jul 30 52-Wk Td Last Vol Weak LHtQMoU GrOtv Mv GrVM Nat MCap U-Wk Td KM Vol «M LHtQMM GrOlv Wv GrVM Met MCap High tow Cod# Cony my SiU 000) Htoti Loo Buyir SaBar Cvr M it* low Code CcmtMn Soto W- COOP)
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  • 70 13 SGXXTRAHET S2-H* T«i Lact Vol Weak UrtQmta OrtMv Mv GrVtd Nat MCap HWi Low Coda Company Sala w- I ooc Migti u»»» »mym S«l» Cw WI SmS 2060 2000 6065 Diamonds US2060cd 2120 6095 ISDJUSTccti US3740 6097 IS MSCI Spore US555 6101 ISS4P500 US8270 ********** 6170 SPORS US*****
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  • 2097 13 SGXSESDAQ S24Nk Tel last Vol Week Kit Quote GrOtv Uv GrYM Net MCap Wgli lew Cat* Caw»—y Sate COOS) Wgk Law Buyer SeBer Cw P/I SmM 26 (25 MOO ABR Hldgs Sc 14 unch 140 IS 14 14 16 27 42 21.7 2101 APOilSc. 30 unch 57 30
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  • 353 13 CLOB MTERHAHOHAL S2-Wk Td List Vol «M Lift Quote Grttv Dtv GrVM Net MCao Hljfc Low Coda Comp—y Site (HOP) High Low »uyr Sofcf Cvr Mt Smi 228 150 6000 AVJenningsA25c A174 -3 37 180 174 172 177 44 10.6 6.3 5.5 374.5 6001 Cathay Pac 20c HK720
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  • Page 13 Miscellaneous
    • 203 13 CRYPTIC CROSSWORD 29 Takes steps to study in a back street (6) 30 Ruling not to invest money in nipulate elections (6) YESTERDAY'S SOLUTION o, S ree^ (8) H'nn a 11 Old-fashioned Latvian due in Across: 1 Advertisement, 10 m 1*!2l P P r Cubists, 11 Voyager, 12 Nook, Stofy!
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  • Page 14 Advertisements
    • 437 14 4 4M Z Presented by a« m Jf, if)A EH"' 'l/> V M |Mg! SINGAPORE CHINESE CHAMBER Of COMMERCE k INDUSTRY I SINGAPORE The Bth Annual Infocomm Commerce Conference offers key business Insights and infocomm strategies to help growing businesses become leaclng global Guest of Honour: enterprises of the future.
      437 words
  • BizIT
    • 863 14  -  SAY IT New data point to an uptake In 36 mobile services. So what about 4G? The choice isn't that difficult g joslin vethakumar Even as third-generation mobile services (3G) remain in a state of flux, talk of 4G is in the
      863 words
    • 470 14  -  The latest iPAQ handhelds live np to the hype generated By Kenneth James HEWLETT-PACKARD last week unveiled an impressive line-up of its latest iPAQ handhelds, including its much-anticipated and long-delayed iPAQ Pocket PC phone. Having ceded the handheld/phone ground to the likes of palm
      470 words
    • 600 14 NYT [SAN FRANCISCO] Apple Computer sharply criticised Real Networks, the maker of media-playing software, last Thursday, saying it was investigating the legal implications of Real Networks' decision to sell songs in Apple's music format. It accused Real Networks of adopting "the
      NYT; AFP  -  600 words
    • 223 14 Bloomberg [TOKYO] Sony Corp will increase production of its newest digital Walkman to keep pace with demand for the music player, which the company is promoting as an alternative to Apple Computer Inc's iPod device. Production of the NetWalkman NW-HDI will be
      Bloomberg  -  223 words
    • 389 14 Reuters [SAN FRANCISCO] Anyone wading through the financial reports that flow out of US companies knows the difficulty in doing much more than a basic scan of the numbers without painstaking and time-consuming analysis. For the past five years, an alliance of finance
      Reuters  -  389 words
    • 566 15 GLOBAL MOBILE PHONE SALES Market leader Nokia's share in Q2 stabilises: survey Reuters [HELSINKI/NEW YORK] Samsung Electronics is close to passing Motorola to grab the number two spot in mobile phone sales globally, while struggling market leader Nokia of Finland stabilised its share during the
      Reuters; AFP  -  566 words
    • Article, Illustration
      655 15  -  Compiled by Amit Roy Choudhury Sing Net forms broadband alliance SINGNET, the ISP arm of Singapore Telecommunications, has formed an alliance with 2Wire, a provider of broadband service platforms for the DSL market, to deliver the 2Wire Home Portal 1800HW gateway product to subscribers of Sing Net Broadßand 512
      655 words
    • 171 15 Bloomberg [SANTA CLARA, California] Sun Microsystems Inc, the server-computer maker that had losses in the past three fiscal years, became the fastest-growing server maker in the second quarter, according to market researcher Gartner Inc. Sun's shipments grew 36 per cent to 88,578 in the second'quarter,
      Bloomberg  -  171 words
    • 104 15 Xinhua [BEIJING] A new Internet website (www. figgymnastics.com) especially designed for the Olympic Games in Athens will be launched by the International Gymnastics Federation (FIG), according to a news letter released by FIG last week. The site will provide links to high-quality databases and immediate access
      Xinhua  -  104 words
    • 586 15  -  Firms could garner biz worth $65m from outsourcing and strategic partnership deal BT exclusive By Amit Roy Choudhury SINGAPORE-BASED Orient Networks, one of the largest privately-held telecommunications network service providers in Asia, has expanded its reach after striking an outsourcing and strategic partnership
      586 words
    • 342 16  -  Devices that can monitor patients' health remotely are being developed By Raju Chellam THE next time you feel sick, just reach out for your RFID stick. The radio frequency identity tag will beep your healthcare centre so that a doctor can call you either on
      342 words
    • 826 16  -  BT exclusive India and China are set to grow e-commerce revenues by over 80% a year between now and 2008, and S'pore companies could tap this potential, reports Raju Chellam Raju Chellam E -COMMERCE has gone through a series of false starts, but
      826 words
    • 223 16 Bloomberg [SEATTLE] Microsoft Corp, the world's largest software maker, released a software fix for its Internet browser program that corrects two security flaws that let hackers take control of users' computer systems. The fix for a total of three flaws is being delivered
      Bloomberg  -  223 words

  • Page 15 Advertisements
    • 100 15 EflpPr The right software can transform your infrastructure into an on-demand environment. The best way to survive any business crisis is to avoid it altogether. That's why our management software is designed to make your business more responsive J than ever. It lets you align your IT to fit your
      100 words

  • Page 16 Advertisements
    • 221 16 The essentials of imaging KONICA MINOLTA 1 m vT :^^HfilS Hr >,'iCffJfw* ;f TW^MfMr* IHK »fr -r M .^tiP m I vllwilii^H^'^^^i Ij V V 1 ft i IH^M^HBuH wtv pp i ia 1 11 K! Vw V Vx( M V| k jiai r* AE K^-^M fc lym r jjK
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  • SHIPPING TIMES
    • 249 17 Contributed by Simpson Spence Young DRY CARGO: Buyers have returned to purchasing capesize bulkers with the market having picked up again. There are rumours of various tonnage being negotiated and a couple of deals finalised, the most notable of which is the Gran Trader (172,000/01). It is said
      Contributed by Simpson Spence & Young  -  249 words
    • 275 17 SGX '000 Jul 30 st vol CH Offshore .038 0.01 426 ChuariHup 0.53 0.01 1246 Cosco Investment 0.86 -0.01 3529 CWT Distribution 0.48 unch 0 EzraHldgs —.0.94 -0.01 5 Freight Links 0.10 unch 533 Jaya Holdings 0.88 0.02 3089 K1 Venture .0.31 0.02 ***** KeppelCorp 7.30 0.05 1824
      275 words
    • 198 17 Bloomberg [TOKYO] Cosmo Oil Co, Japan's fifth-larg-est refiner, said high waves caused by Typhoon Namtheun delayed shipments at two refineries in the southwestern prefectures of Osaka and Kagawa. High waves on the coast of Shikoku, Japan's fourth-largest island, delayed shipments from Cosmo Oil's Sakaide
      Bloomberg; AP  -  198 words
    • 506 17 Terminal operators cry for help to compete with cheaper ports in Shenzhen Reuters [HONG KONG] Hong Kong, the world's busiest container port, is expected to see a rise in throughput this year, but operators are urging the city to cut red
      Reuters; FILE PHOTO  -  506 words
    • 199 17 Reuters [DUBAI] Oil giant Saudi Arabia has warned ship operators it will ban from its ports vessels violating the new maritime security laws which came into effect last month, an oil industry source in the Gulf said. The new measures in the ISPS
      Reuters  -  199 words
    • PORTShots
      • 95 17 Bloomberg [MUMBAIJ Shipping Corp of India, the country's biggest shipping carrier, said profit in the fiscal first-quarter more than doubled after it moved more goods and earned more from business other than transportation. State-owned Shipping Corp earned 3.19 billion rupees (SsllB million), or 11.28 rupees
        Bloomberg  -  95 words
      • 129 17 Reuters [BRUSSELS] Belgian shipping group CMB reported a 41 per cent rise in first-half net profits after freight markets remained strong, and gave a strong outlook for the rest of the year. CMB's net consolidated result rose to 127 million euros (***** million) in the
        Reuters  -  129 words
    • 216 17 Bloomberg [OSLO] Wilh Wilhelmsen Ltd, a Norwegian company that owns half of the world's biggest carrier of vehicles by sea, said second-quarter profit jumped 42 per cent to a record as it transported more cars. Net income at the Oslobased company climbed to
      Bloomberg  -  216 words
    • 275 17 Bloomberg [OSLO] A Norwegian oilworkers' union and employer representatives failed to resolve a conflict that is delaying drilling of production and exploration weUs when they met a mediator on Friday, the employers' organisation said. The OFS labour union and the Norwegian Shipowners'
      Bloomberg  -  275 words
    • 921 18  -  LINER SCENE By David Hughes THE liner industry has become blase about its incredibly rapid growth year after year. There appears to be differing estimates of quite how fast the market is expanding right now, but the rate is almost certainly in
      AP  -  921 words
    • 12649 22 THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n Name Name
      12,649 words
    • 175 18 PAGE Hamburg-Sud 3 Pancon Shpg 5 Aiianca 3 H«*9-A 3 PDZ Lines 6 5 Horizon Shp 5 PNSC 5 Avant 5 HubLine 6 Pan Ocean 5 Bank Line Z""Z" 4 HUAL f PTDUoyd 5 BtangMas... 3 lnd0 9 ulf R ksa 5 bsa 4 Indotrans 5 Rjckmers
      175 words
    • SHIPS IN PORT
      • 482 25 Vessel Voy No Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL BETTY 0406 J4/5 A/SIDE 02/08 0400 CMA VERNET GA040E J16/17 A/SIDE 02/08 1100 DAXIN 047W J16 A/SIDE 02/08 0500 LUCENT ACE 83 J7/8 A/SIDE 02/08 1200 OC BENIGNITY 1 J5 A/SIDE 02/08 1000 VL6 50/04 J12 A/SIDE 02/08 1500
        482 words
      • 1592 25 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vessel Out In Bth Berthing Un- Berth Vessel Out In Bth Berthing Un- Berth Vessel Out In Bth Berthing Un- Berth Name Voy Voy seq berthing Nmbr Name Voy Voy —q berthing Nmbr Name Voy Voy seq berthing Nmbr A P MOELLER 0410
        1,592 words
      • 142 25 Aug 9 Singapore: Nat Day. An* 12 Thailand: Queen's Birthday. An* 15 France: Assump Day. Belgium: Assump Day. India: Indepen Day. S Korea: Libe Day. Ail* 17 Indonesia: Independ Day. An* 20 India: Parsi New Day. An* 30 UK: Summer Bank Hoi. Ail* 31 Malaysia: Nat Day. Philippines:
        142 words
      • 827 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
        827 words
      • 545 25 CrtKH, 180 Max 975.5 02 15.2 0.03 15 0.02 Jul 29 Density W»t»r Botlriua AthAlumlnium Sediment Ho above E25 0 0 1 0 0 0 ***** 380 Ave 988.0 02 15.0 0.04 19 0.02 taJJ 380 Max 1013.5 0.7 17.9 0.07 55 0.06 K6/M'3 H v/v
        545 words
    • AIR & LAND transport
      • 840 26 Bloomberg [RIO DE JANEIRO] Empresa Brasileira de Aeronautica (Embraer), the world's fourth largest aircraft maker, will boost sales from its factory in China as the government cuts the cost of internal flights, chief executive Mauricio Botelho said. Embraer estimates
        Bloomberg; BLOOMBERG  -  840 words
      • 591 26 Govt, FAA, airlines and experts discuss ways to ease airport congestion Bloomberg [WASHINGTON] The US government and airlines are discussing auctions of take-off and landing times as a long-term solution to cut delays at the most congested US airports, Transportation Undersecretary
        Bloomberg; BLOOMBERG FILE PHOTO  -  591 words
      • LOGBook
        • 122 26 Reuters [DALLAS] Flight attendants at Southwest Airlines have voted to approve a new contract that would increase pay by an average of 31 per cent over the course of the six-year deal, the union said last Friday. Southwest Airlines and the Transport Workers Union
          Reuters  -  122 words
        • 123 26 AFP iruAi yyui\in, lexasj American /\imnes nas raiseu prices on most of its roundtrip domestic US fares by US$lO to offset record jet fuel prices. The world's Number One carrier announced the move last week, citing the effect of record US$4O per barrel
          AFP  -  123 words
        • 174 26 AFP [ROME] Italy's troubled airline Alitalia announced last week it had incurred losses 0f330 million euros (Ss6B3 million) in the first half of this year. Net losses last year were 519.2 million euros compared to a profit of 93.1 million euros in 2002.
          AFP  -  174 words
        • 80 26 AP [TORONTO] All Nippon Airways has placed its fifth order for the Bombardier Q4OO high-speed turboprop airliner. The value of the order was not disclosed. In a news release, Bombardier Aerospace said its order for two aircraft will increase its Bombardier Q4OO fleet to 14.
          AP  -  80 words
      • 484 26 Reuters [FRANKFURT] EADS, Europe's largest aerospace company, said its first-half net profit more than doubled, driven by higher deliveries at its Airbus jet making unit and narrower losses in space. It also raised its forecast for full-year operating earnings to 2.1 billion
        Reuters  -  484 words
      • 2033 26 CITY FUGHT ETA FLIGHT £TD 8A7372 0805 $0318 0900 0F31 0405 S0Z19 0930 JSEBo OSffi 1840 9*"! ."j° oF32 0805 VS7318 0900 $0220 14M BA7372 094$ $0230 1840 6M $0403 0730 BH555SF N***** 1415 AC9952 1240 IH9769 1745 0F32 0945 5S461—WSB i/Mi tit* tM04 1405 M
        2,033 words
  • Page 17 Advertisements
    • 171 17 US mulls auction of take-off times to cut delays Embraer sees rising jet sales to China as costs fall FAR EASTERN FREIGHT CONFERENCE (FEFC) The Member Lines of the FEFC wish to advise Shippers:Bunker Adjustment Factor (BAF) The BAF application for the month of September will be USD 104.00 per
      171 words

  • Page 18 Advertisements
    • 866 18 I 70 USA/CANADA 1 I EXPORT 1 1 OTHER DESTINATIONS j VBSa |VOT |ptt BA9M| LONGBEACh| DALLAS| HOUSTON| MEMPHtS CHICAGO| NEWYO»K ll TO AUSTRALIA (AUSTRALIA A3*A EXPRESS LOS MGELES EXPRESS 07E32 OUT 04/08 2Q/W 26/08 27/08 25/08 25/08 28/08 VIESSEL 1 VOY ETA S* PK6 |RE M —STD ML AM
      866 words
    • 537 18 Lines services represented by (t Members of the Registry of r Ifglf Accradrted IS* \°m Singapore Shipping Association ssoci ion CONTAINERS/ CONVENTIONAL CARGO PORT KUNG/SMGAPOM/MKMtn t MNGKOK VOY ETAPKL ETA SIN ETA MALE Kotalternju TRJOB7 0&08 16Q6 Kota Tteguh XTGI33 11/08 21/08 LILY MARINE SERVICES SINGAPORE Phone: (224-4SM. ttU-*Bt* Fax:
      537 words

  • Page 19 Advertisements
    • 997 19 MOL Combines C o ranyt of shipping modes to ansure timely, reliable services covering nwjor ports in North America, Europe, Japan, Asia, Africa Oceania. /Use ecctpt ftrire*Adi Civjms Ik KISiUI KWANGYAMG SHANGHAI YAMTMN/XIAMEN QMGDAO BOAIKAN JAXAfttA SMABAYA KAOHSwNG IANGKX LAM CHAIANC ttKMttiHH PAS« GUDANG PBIANG POKT CLANG For Schedules, BL
      997 words
    • 1768 19 ADDITIONAL NEW WEEKLY *ADX" SERVICE TO EAST MEDITERRANEAN ON EVERY FRIDAY SINGAPORE TO ISTANBUL -15 DAYS GiNBtAL AGENTS M SINGAPORE: 1* RAfRfS QUAY #J*-0I SAUS/MGS TH: *****857/43 EAX: 62J*****/24 I V 1 COSUR SNIPPING PTI LTD Sgjgg SINGAPORE TO THESSAIONtKI -16 DAYS RIG HO. /o/G JIL 6226 1900 (MAIN) T/SMPDEf
      1,768 words
    • 780 19 VESSEL »0Y SIM Jff HKC I ttHM 1 IMC KYM PUS VESSEL VOY SIN JKT SU» HUG USN PUS truma uss 5/» 7/1 12/t 14/1 in im i«/> kmtc jamba 410 si/» 4/8 yi 10/8 14/1 is/b HY PtOGKESS 082S 12/8 14/1 19/8 21/1 23/» 25/1 2S/8 BBC KEELUMG 41
      780 words

  • Page 20 Advertisements
    • 1033 20 MjW WALLENIUS WILHELMSEN website: http://www.2wglobal.com VESSEL IVQT [8 AMP IK MAO HOU» MIA SAY BAL ORF NYC NEW MOO W»U AMOB I4OOIMS 6.3 M I 06/08 n/09 16/09 13/09 14/09 TAMESIS AF4I6 3201o«s 6.40* 15/08 09/09 11/09 2S/09 26/09 01/10 29/09 03/10 22/09 IAMPA I AMI 7 4201 ms 6.4
      1,033 words
    • 1559 20 WAN HAI NTBtNATIONAL PTE LTD Gt NOc lUf *****00/t \AM\WAN HAI LINES *****00 Y V lIHII lIHI HIIiMIWIMI But WW Wii«:»OntWW«ULIMg»WW V J0HIH:(07)HI»»OttX;(B7nSHWI SUI 18. (BJ1) J7T4475 HUL (031) JW7714/ JK1305 www wankai <■ KT ML M7l) ***** M Ml: M7D S2S47M PUI n4M/7)U(1 HI nun www.w—»M:|ni)4Wn>imotl)4lSHß '4147W Ivgg vot
      1,559 words
    • 711 20 1 BSA ii. HT9sn e| fFcV!Tc?9 l T l 2Sis^^^F MYANMA RH FIVE STAR LINE VKSa VOY SM m PCM KU PAGAN 321W SID HPA-AN 320W SU) SU) IN MALAYSIA: lOUSTEAD SNIPPING AGENCIES KUL 03-*****300 PKL 03-*****101 PEN: 04-*****02 MtKL ACCEPTIWB COWVEWTIONAL C6O HKG SN HKG UN KU PU UK
      711 words

  • Page 21 Advertisements
    • 1257 21 VISSEL VOY 1 SIN I PKI KARACHI DXB BAB DMM BIK KHORRAMSHAHR IRAN SATTARI PCL 8040 07/08 08/08 13/08 16/08 17/08 24/08 27/08 30/08 IRAN KORDESTAN PCL 8041 16/08 17/08 24/08 27/08 28/08 05/09 08/09 11/09 IRAN SHAHRYAR PCL 8042 22/08 23/08 30/08 02/09 03/09 10/09 13/09 16/09 IRAN SATTARI
      1,257 words
    • 666 21 4 k UK CONTINENT SERVICE Loading for ANTONIS RTM/ATW/BMNAJK/NAN STARLY RTM/ATW/BMNAJK/NAN Loads Singapore. EVW. Malaysia. 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, E7W. Malaysia, Indonesia USA SERVICE Loading for IVORY STAR LAX/VCW SAMOS DREAM CAM/NOL/NFK/SAV •Loads E7W. Malaysia Indonesia F.E./S.E.A. SERVICES
      666 words
    • 1298 21 jsssß m s w m -«ssb m *L_— CSF 2301 0012P 03/ M 04/0« P*C MfHM 2222 ftl/fit SZZM -MJANO* !14«j 05/08 M_ PBCIAU 412Z Itt/M 52g— PAC lAMDA *****1 04/ M 05/08 tltiUTi MM MM \UjA csf 2301 941* fiSZM fiftZM— Mgffll 92t0 "Z Ol W" paoanpa um s*m
      1,298 words

  • Page 22 Advertisements
    • 319 22 203H^l^l/o^o^/0^l7l5!^l ■PWifll TIGER SKY 204H 05-06/08 11-13/08 19-20/08 ■MUIiUITIGBtSU 20SN 07-08/08 13-15/08 21-22/08 1 B-" 11 BTIGERWAVE 206N 11-12/08 17-19/08 24-25/08 ■■■■■T16B) PEARL 207N 14-15/08 20-22/08 28-29/08 TIGS'SKY 208N 19-20/08 25-27/08 01-02/09 Kir!?T7;:iaTiGfß spirit <wn 0?4)-V08 io i?/oe 70-?i/m ■MMHHPHUTAN 301 064)6/08 13-15/08 23-24/08 I ■UjUlfcß BOX OSLO 004 14-15/08
      319 words
    • 651 22 ci i n. s,p^awaSk ssssp JL,ines w hmuum witX: »ww.in«f«ittUm.c»»J mm vqt osm ko> yu no wtm it w waa w» m ste w w» ag t» w •WIOASIS 5254 11/07 12/07 13/07 14/07 15/07 19/07 23/07 75/07 WWRBA W3N 03/08 jl/g ]V» MB MOL ETERNITY SOOB 19/07 20/07 21/07
      651 words
    • 564 22 I rj~ nr\'l I lIVICC MAIN; TO: *221-1333 FAX: *221-5272 I J7? 11/ L LI 111 CO OJSTOMH SRVKL TIL *221 -55** FAX: 4227-11 fO I/€ fCnl SINGAPORE: TONCXX) SMPPMGPTE LTD <i& IW6UBOOOOC tmA www^iWaK^jvtssi^^oHnAsil^ssi^vßsa lIUNGA MAS 1 ***** I 04/0* 04/0* iGBWtt ***** 03/0* 105/0* IKXMAI3 *****1 >5/011 10/
      564 words



  • Page 25 Miscellaneous
    • 118 25 jjL 3* 3 (f) JC \ym "*^1- w *S s lr Issued by Meteorological Service Division,NEA LEGEND: K Thunderstorm Wind speed symbols *\J Showers O Full circle w line indicates calm or light and variable winds Rajri One half fleche represents 5 knots Cloudy Day One full fleche represents 10
      118 words