The Business Times, 9 August 2004
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2004-08-09
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The Business Times
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Title Section16 2004-08-09 1 THE BUSINESS TIMES MITA IP) 023/03/2004 SINGAPORE MONDAY, AUGUST 9, 2004 850 I Internet: http://business-times.asial .com.sg16 words
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Article, Illustration805 2004-08-09 1 Chuang Peck Ming - Pace of growth will be fastest in four years, matching China's By Chuang Peck Ming [SINGAPORE] Prime Minister Goh Chok Tong said he would step down when the economy recovered. And it has. In fact, just four days before MrJOYCE FANG/ST - 805 words
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626 2004-08-09 1 Greenspan expected to tighten federal funds rate to 1.5% AFP [WASHINGTON] US Federal Reserve policymakers, resolute despite staggeringly weak jobs growth in July, appear determined to tighten key short-term interest rates this week. Extended labour market weakness, however, could curb theAFP - 626 words
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Article66 2004-08-09 1 Week Change ST1 1,922.75 +25.04 KLSECOMP 820.10 -13.88 NIKKEI 225 10.972.57 353.21 HANG SENG __.12.478.68 +240.65 SET INDEX 610.94 -25.76 JAKARTA COM P ...753.93.... 3.05 MANILA COMP .1,576.85 -7.85 TAIPEI TAIEX ...5.399.16 -21.41 SEOUL COMP 733.95 -1.39 SHENZHEN B 243.46 -0.59 AI ST ALLORD .3.5:18.90 7.20 IK)W JONES 9,815,1:)66 words
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Article76 2004-08-09 1 FOREX RATES U8$ S$ IS$ (SS per l!S$) 1.723 £(1JS$/S$ per 1.825 3.145 ElIRO(lJS$/S$/E). 1.206 2.079 YEN 111.6 64.80 KM 3.800 2.205 HKS 7.799 4.526 BAHT 41.44 24.05 KIPIAH 9,193 5,334 RENMINBI 8.277 4.803 INDIAN RI PEE 46.46 26.96 AS 1.420 0.824 NZ$ 1.550 0.899 PRIME RATES SINGAPORE 5J2576 words
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824 2004-08-09 1 Anthony Rowley - China, Thailand, Philippines, S'pore most at risk: study From Anthony Rowley in Tokyo OIL will be the centre of attention this week amid growing concern that the recent price surge represents a move to a new plateau based on supply-and-de-mand imbalances824 words
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Page 1 Advertisements
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Advertisement14 2004-08-09 1 Remembering chow from sm pm rf Inspiring story of Lien Ying Chow lives on14 words
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Advertisement143 2004-08-09 1 PNPJi^P^-A: Www BB wggmm m. I i-j BJ 'mm IL ''Jt* l^fSlW£ Sl fl V IB! 'tsk ~y IMB aifepP^Prßi^ j^^bi' HBBK j§B^^|B| m HfeL A, The perfect diamond now retains its full value for up to two years*. Guaranteed. I No diamond shinei tike Destined because her uni<fu« faceted143 words
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NEXT page
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451 2004-08-09 2 Increase beats £1b record surge at dotcom bubble's peak in 2000 [LONDON] Bonuses paid to City of London traders and dealers rose sharply this year after two years of cuts, as world stock markets revived and corporate activity rebounded, the Independent reported451 words
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Article, Illustration357 2004-08-09 2 Remembering Lien Ting Chow 8 Aug 2004 I send my condolences to Margaret Lien and Lien Ying Chow's family. He is the archetype of the legend a penniless China boy who came to Nanyang and made good, from rags to riches.FILE PHOTOS; ONG CHIN KAI/ST - 357 words
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Article145 2004-08-09 2 o I knew Lien Ying Chow for many years, and his contributions to Singapore were many and varied. They ranged from education to diplomacy to business to banking to community work. He was a very well-respected community leader, very active in the Chinese Chamber of Commerce145 words
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Article35 2004-08-09 2 UOB chairman As Singapore moves into more challenging times ahead, we need more people like George Lien who had the true grit and determination to realise his vision and follow his dreams.35 words
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Page 2 Advertisements
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Advertisement60 2004-08-09 2 j Incorporation services in all major jurisdictions Global network of offices Ready-made companies available Management and administration services China business registration Accounting and trade support services Virtual office solutions Personal and corporate bank introductions TO ARRANGE A FREE CONSULTATION CONTACT: Simonne Toh T: +65 6535 3382 F: +65 6535 399160 words
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Advertisement28 2004-08-09 2 I Recruit the one you want for any position you have i Call 1800 289 8822 or email recruit@sph.com.sg for your recruitment solutions i 1 Si rfti iikikm28 words
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39th national day
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Article, Illustration1383 2004-08-09 3 PM GOH'S NATIONAL DAT MESSAGE 2004 My fellow Singaporeans When I was sworn in as Prime Minister on Nov 28, 1990,1 pledged: "to ensure that Singapore thrives and grows after Mr Lee Kuan Yew; to find a new group of men and women to help me carryJOYCE FANG/ST - 1,383 words
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Page 3 Advertisements
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Advertisement273 2004-08-09 3 Highs and lows of the Singapore economy since independence 1988 Double-digit GDP growth in real terms (1995 mkt prices) growth again after 15 years, driven by 1QQ!) IS* strong external 1883 stock market enjoys 1972 National demand super bull run 13.770 Wages Council ts IMA formed to chart 1984 World273 words
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FOCUS lien ying chow
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Article, Illustration1892 2004-08-09 4 Joyce Koh - His compassion and generosity made him much more than a banking, hotel tycoon By Joyce Koh VISION, flair, ambition and sheer grit took the late Lien Ying Chow to the top of the local banking and hotel scene. But it was compassion1,892 words
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Page 4 Advertisements
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Advertisement124 2004-08-09 4 m Lianhe Zaobao y I Singapore-listed I I companies see I I business I I opportunities I I [power I I water I jßj I I I atssffl I ■ISnMI Call toll-free 1800 289 8822 ■Hy^QJ^j^^^^jJjj^^JheaH^^cesesphxo^^^ IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF124 words
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SINGAPORE companies
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Article, Illustration345 2004-08-09 5 Joyce Koh - He says offer is under consideration; carrier to appoint independent financial adviser soon By Joyce Koh DAVID Lim, chief executive of Neptune Orient Lines, was coy yesterday about Temasek Holdings' takeover offer but bubbled with enthusiasm over Singapore's birthday. Asked for his reactionFILE PHOTO - 345 words
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241 2004-08-09 5 Vince Chong - It's buying Asian arm of German firm with 110m new shares By Vince Chong 11 ALIAJN-DAoEiIJ architectural facade specialist Permasteelisa has tweaked its global operations, with its Singapore-listed subsidiary Permasteelisa Pacific Holdings (PPH) moving to acquire the Asian division of Germany's Josef Gartner group for $44241 words
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745 2004-08-09 5 r sivanithy - HOCK lock siew r sivanithy AN odd divide has manifested itself in the local stock market in the past fortnight. Blue chips have raced ahead while most penny stocks have stayed stationary. To many players, this means the gains posted by the Straits745 words
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Page 5 Advertisements
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Advertisement103 2004-08-09 5 C.A.T.S. Buy It. Sell It. Find It. rue aMune-. t Wh, i s more, anybody in >i j t» m any department can access m I /UPS shipping services. Ht-'| I 3S; W You decide. Setting boundaries for some or autonomy lor 1 others, whilst still overseeing costs. That way103 words
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SINGAPORE markets
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Article, Illustration810 2004-08-09 6 r sivanithy - BT comment STOCKS r sivanithy US Federal Reserve boss Alan Greenspan must be a worried man. A few weeks ago, he testified to the Senate Banking Committee that June's weak economic figures were blips on an otherwise smooth road to full recovery and that there was nothing to810 words
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620 2004-08-09 6 AFP [HONG KONG] The Japanese yen and several other Asian currencies made small gains against the dollar on weaker than expected US growth in the second quarter. Japanese yen: The yen gained ground during the week against the dollar on weakerAFP - 620 words
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Article89 2004-08-09 6 Events investors can watch out for New listing of Meghmani Organic*, Aug /0 ASJHMgs' dividend payment, Aug 10 Rtdiw's dl vldend payment, Aug 10 SIA Entft divldand payment, Aug 11 TT Intl's dividend payment, Aug 11 ClH's dividend payment, Aug 13 Cortina Mdgs'dividend payment, Aug 13 SlA's dividend89 words
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Article, Illustration831 2004-08-09 7 teh hooi ling - BT portfolio STOCKS teh hooi ling THE apar The gains by these three counters, plus Sunningdale's 20 per cent jump, were the main reasons for a 1.8 per cent rise in the value of the analysts' upgrades portfolio. The lowest forward PE portfolio831 words
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Article, Illustration295 2004-08-09 7 R Sivanithy - HOT STOCK WARRANT By R Sivanithy wt; nave traditionally teatured call warrants in this column, one reason being that most people find it easier to understand an instrument that gains in value when the underlying market rises. Today's feature, however, is the DBSSource: Bloomberg - 295 words
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Article, Illustration1145 2004-08-09 7 Robert Halili - INSIDE MARKETS The buying spree includes purchases by five directors of Sin Soon Huat, reports Robert Halili Robert Halili THINGS got off to an exciting start on the insider front in August, with several major developments last week.1,145 words
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Article, Illustration1674 2004-08-09 6 The stock recommendation is the average of all the recom- Number forecast Median 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 ft) (times) (a every stock is followed1,674 words
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Article779 2004-08-09 6 Payment Ex looks Pay Payment Ex Books Pay tee) df dof Idsl den dote dat. AiroceanSc b 030 10-Aug 13-Aug 01-Sep NOL I 8.75 10-Aug 13-Aug 30-Aug AsiaDekof HK15t F HMB1J6TA 17-Aug 20-Aug 31-Aug Osimlntt5c I 0.70 31-Aug 03 Sep 17Sq) Asiatic Gfp 10c y 039 10-Aug 13-Aug779 words
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SINGAPORE news
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Article, Illustration298 2004-08-09 8 Vince Chong - Directors expect group to report loss in first half of FY 2004 By Vince Chong SESDAQ-LISTED KLW Holdings issued a profit warning on Saturday, as it prepares to announce its interim results for the period ended June 30. As the development time for the re-strategisingFILE PHOTO - 298 words
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287 2004-08-09 8 Vince Chong - By Vince Chong CONTRACTOR and building materials dealer Shining Corporation yesterday reported a net loss of $890,000 for the half-year ended June 30 an improvement from the $1.1 million loss in the previous corresponding period. Shining also said it expects demand in287 words
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COMPANY Briefs
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Article78 2004-08-09 8 KINGSMEN Creatives yesterday posted a net profit of $417,000 for the half year ended June 30, up from $212,000 in the previous corresponding period. Turnover rose 42 per cent to $26.4 million, from $18.6 million. Earnings per share rose to 0.42 of a cent, from 0.27-cent.78 words
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84 2004-08-09 8 ITE Electric Co's loss deepened to $416,000 for the six months ended June 30, from $55,000 a year earlier. Revenue, however, rose to $8.9 million, from $7.7 million. Loss per share came to 0.54 of a cent. Net tangible asset backing per share84 words
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276 2004-08-09 8 Vince Chong - It expects to improve on 2003's full-year's earnings By Vince Chong MAINBOARD-LISTED San Teh, which deals in a range of businesses from cement to hotels, has reported a $2.3 million net profit for the interim period ended June 30, versus276 words
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Article, Illustration317 2004-08-09 8 Chuang Peck Ming - By Chuang Peck Ming THE Singapore Chinese Chamber of Commerce and Industry yesterday gave its support to incoming prime minister Lee Hsien Loong, pledging it will continue to work with the government to steer Singapore "even more prominently into the global economy". AtFILE PHOTO - 317 words
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Article, Illustration515 2004-08-09 8 Jessica Cheam - LEG provides lightning-strike prevention at National Stadium By Jessica Cheam A YOUNG start-up is doing its bit for the nation by protecting the 70,000-strong crowd at this year's National Day Parade from lightning. Atop the National Stadium's 60 m lighting towers are umbrella-like lightning protection515 words
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Page 8 Advertisements
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Advertisement127 2004-08-09 8 ¥¥Tl_ a 1 AnJ n |n Presented Diners Club Credit Card 6416 0980 Where to wine, dine and entertain... usive f arm MSSffi Tasty well-balanced conveyor meals designed by nutritionists Helps weight control, reduce risk of getting heart diseases A diabetes No grains, only low A medium density carbohydrates Only127 words
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Advertisement38 2004-08-09 8 Marina Bistro serves up fish head in a variety of cooking styles Tom Yam. Malay Assam or Nonya More than enough to tempt fans of this popular local dish Al served in daypot with 2 plates of rice.38 words
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Advertisement80 2004-08-09 8 MHBjjaiaatfi TVeat yourself to our back by popular demand Asian Buffet and indulge in some all-time favourite delicacies Laksa, Mee Rebus, Spicy Tom Yam Soup, Blue Crab in Yellow Curry, Braised Pork Leg and our ever scrumptious Roasted Meat at only $16.80+++ Coieman's Asian Lunch Buffet comes with free flow80 words
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Advertisement31 2004-08-09 8 n Mt RITU S MANDARIN SINGAPORE T CHINESE CULINARY CLASSICS mitem#Reservations: jWfyv *****262/66 CHINESE RESTAURANT MERITUS MANDARIN a 333 Orchard Road, Singapore *****7. Tel: +65 6737 4411. Fax: +65 6732 2361.31 words
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SINGAPORE news
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470 2004-08-09 9 KUALA LUMPUR It's unlikely to replace existing terms as part of its review: brokerage THE Malaysian government's "relook" into earlier-awarded, lopsided privatisation contracts could see it correcting these through some form of taxes, the Star reported, citing analysts. A tax on either470 words
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Article, Illustration490 2004-08-09 9 MANILA AFP A HUGE bundle of lOUs weighs on President Gloria Arroyo's slight shoulders as she attempts to lift the anaemic Philippines economy with the help of a fresh electoral mandate, officials and analysts say. Rampant tax evasion and Manila's runaway borrowings to cover theAFP - 490 words
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Article, Illustration574 2004-08-09 9 Al Labita - Analysts cite strong earnings, return of offshore money From Al Labita in Manila STRONG earnings booked by listed telcos, led by SingTel's Philippine unit, have buoyed share market liquidity, which is poised to breach the elusive one billion peso (5530.8 million)AP - 574 words
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1127 2004-08-09 9 COMMODITY WeeklyRoundup AFP [LONDON] Oil prices continued their seemingly inexorable rise last week on fears that an escalating crisis at Russian energy giant Yukos could increase strains on global supply. Gold prices meanwhile rebounded on a heightened US terror alert and aAFP - 1,127 words
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Article, Illustration790 2004-08-09 10 BOMBAY Issue priced at top end of expectations; analysts see room for gains on debut Reuters TOP Indian software services exporter Tata Consultancy Services Ltd (TCS) said on Saturday it raised 54.2 billion rupees (Ss2 billion), near the top end of expectations, in Asia'sReuters; REUTERS - 790 words
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Article, Illustration326 2004-08-09 10 NEW DELHI Reuters [NEW DELHI] The Indian Hotels Co Ltd, owner of the glitzy Taj chain, has tied up with a leading African ecotourism firm and a Nepalese business group to offer wildlife holidays in India. The Bombay-based firm said recently thatReuters; REUTERS - 326 words
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277 2004-08-09 10 BOMBAY Unit valued at US$3.5b at the height of telecoms boom Reuters INDIA'S Tata group is in talks with Tyco International Ltd to acquire its global telecommunications network, Ratan Tata, chairman of the Tata group said on Saturday. "Our people areReuters - 277 words
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580 2004-08-09 10 BANGALORE It imports 75% of oil it uses; is dependent on soaking monsoon NYT AFTER last year's spectacular economic performance, India's growth this year will probably be trimmed by lofty oil prices and a stop-and-go monsoon that has takenNYT - 580 words
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Article, Illustration1024 2004-08-09 9 FINANCE COMMODITIES Week ended:Aug 6 PRIME LEMDDfQ 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 Far Eastern1,024 words
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Page 10 Advertisements
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Advertisement28 2004-08-09 10 A page dedicated to personal finance and investment for executives and businessmen. We cover issues concerning insurance, unit trusts, </> wealth management and other personal finance matters exfqut.ive a28 words
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REGION world
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Article, Illustration731 2004-08-09 11 HONG KONG/SEOUL Giants are upbeat while second-tier firms warn of weakness ahead Reuters FORECASTS of a looming slowdown and potential supply glut point to smoke, and maybe fire, on the horizon for the world's hightech chip makers, but any severe shakeout couldReuters; AP - 731 words
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163 2004-08-09 11 HONG KONG Bloomberg TWO former deputy governors at the Agricultural Development Bank of China are under investigation by the Chinese government for their alleged role in a loan fraud, Hong Kong Economic Journal reported, citing no one. govern- ment is probing Hu Chushou andBloomberg - 163 words
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Article, Illustration457 2004-08-09 11 LONDON FRED Goodwin's Royal Bank of Scotland is preparing to enter the £9 billion (5528.3 billion) bidding war for Abbey National, according to investment bankers. RBS took over National Westminster in 2000 in the biggest merger between two UK457 words
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243 2004-08-09 11 MELBOURNE Bloomberg FREEPORT-MCMORAN Copper Gold Inc, the majority owner of the world's biggest gold mine, is considering selling a stake in the mine to Indonesian investors. Freeport owns 81.28 per cent of the Grasberg mine directly and a further 9.36 perBloomberg - 243 words
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Article1630 2004-08-09 11 SICOM FUTURES Am 6 RUBBER Futures (Ctosinq prices) RSS1 centsAq) Close Votamt OpM Month High Low Sett (tonnes) Interest Sep 04 218.50 Oct 04 ***** Ho* 04 217.25 Dec 04 217.25 Jan/tor 05 217.75 Apr/Jun 05 220.25 RSS 3 (US cents/kg) Volume OpM Month High Low Sett (tonnes) Interest1,630 words
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WORLD news
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417 2004-08-09 12 LONDON Second quarter performance hits two-year low, with overall 1% loss ENTHUSIASM for hedge funds is beginning to wane among high net worth individuals and their financial advisers in the wake of disappointing second quarter results, the Financial Times reported last week. Wealth417 words
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524 2004-08-09 12 NEW YORK Reuters A NEW Internet advertising forecast shows slower growth for paid search listings in the next 5 years, a projection that raises questions about Web search leader Google Inc's prospects as it goes public. Advertisers will more than double spending on paidReuters - 524 words
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271 2004-08-09 12 LONDON It offers to boy out Russian oil giant's large shareholders Reuters A DUBAI-BASED group made up of members of the Gulf state's Maktoum ruling family has emerged with a US$lO billion bail-out for troubled Russian oil giant Yukos, London's Sunday Times newspaperReuters - 271 words
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Article, Illustration584 2004-08-09 12 Christopher Reed - From Christopher Reed in Los Angeles M NIGHT Shyamalan's latest film, The Village, has slowed a disastrous box-of-fice rim for the beleaguered Disney corporation, but the studio may still not be out of trouble as the summer season draws toREUTERS - 584 words
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WORLD Watch
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94 2004-08-09 12 Reuters [NEW YORK] Berkshire Hathaway Inc, the holding company run by billionaire investor Warren Buffett, on Friday said its quarterly earnings fell 42 per cent, hurt by investment losses. The Nebraska-based company said Q2 net income was US$l.2B billion, or US$B34 per class AReuters - 94 words
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79 2004-08-09 12 Reuters [ROME] The rise in oil prices will have an impact on the eurozone economy, but the situation is not equivalent to the 1973-74 oil crisis, European Central Bank vice-president Lucas Papademos said yesterday. "There are major differences from that period," Mr PapademosReuters - 79 words
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49 2004-08-09 12 Reuters [MADRID] Europe needs to diversify its energy sources to insulate against high oil prices and nuclear power would be a means to cut costs, EU energy commissioner Loyola de Palacio said in an interview published in Spanish newspaper ABC yesterday.—ReutersReuters - 49 words
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Article92 2004-08-09 12 [LONDON] Ikea is going to charge its UK customers 70 pence each time they pay with a credit card. The levy, which comes into force from Sept 1, will be imposed on all transactions, the Financial Times reported last week. The Swedish home furnishings92 words
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268 2004-08-09 12 LONDON TARGET, America's second largest discount-store chain after Wal-Mart, is eyeing British retailers with a view to making an acquisition, The Observer reported yesterday. The group has sent 15 executives to the UK in the last nine months in two delegations, the second including268 words
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272 2004-08-09 12 BOSTON Reuters MANY mutual fund companies cannot enforce rules designed to deter improper trading practices because they do not directly control the investors' accounts, according to a new study released recently. The Coalition of Mutual Fund Investors, an investor advocacy group founded last year by threeReuters - 272 words
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Article861 2004-08-09 12 i Week ended: Aug 6 o— o—« w oi o—i MywiOc OJO UBO -0 .020 NOL 117 2*50 *0*10 nwisk 0.43 ojm *oaoo ocbc hui aw CjfMLmi 04 1480 -4*80 PartMay H 2Sc 0 56 1 ISO Own SamKonrf Xc OJO 1.140 <0030 Paoptt* Food MK50c 033 IflJO -0.040861 words
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Article876 2004-08-09 12 BONDS WARRANTS I* Urt vol Cm* bur Car C*» Ciwpnj hto —fW> Htm t— UH AaNfioocis A08n1 84SV*****SS 3779 ASLMwirwHMn W*****1 M 05 9 1 S3 37 3 SO 44 369? Acm.UdW04lTl6 05 I SO 677 13U0 KB Amtek W*****0 78 1 15 1 33 J 147 10 3795 Autrooworo«a876 words
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US elections
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Article, Illustration690 2004-08-09 13 WASHINGTON Wall Street stunned by mere 32,000 new jobs in July against 228,000 forecast Reuters DISAPPOINTING job creation figures issued on Friday were a sharp blow to President George W Bush, making it much more difficult for him to argue on theReuters; AFP - 690 words
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Article, Illustration674 2004-08-09 13 Leon Hadar - NEWS analysis So he's sending mixed messages and relying on image-making, says Leon Hadar Leon Hadar IF the presidential candidates of the two parties decided to end their campaigns in California, New York, Texas, and Georgia, that would have almost noAFP - 674 words
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Article, Illustration753 2004-08-09 13 WASHINGTON Concerns over national security, rising current account deficit AFP VORACIOUS purchases of US Treasury bills by Asian central banks are coming under scrutiny ahead of presidential elections amid concerns over national security and a ballooning current account deficit. Led by JapanAFP; AP - 753 words
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WORLD news
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456 2004-08-09 14 LONDON Top execs shouldn't get involved in ruining soccer clubs, he says ALLAN Leighton, the Royal Mail chairman and former deputy chairman of Leeds United, has warned business leaders that they should not get involved in the running of football clubs, London's456 words
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Article, Illustration296 2004-08-09 14 Soccer club holding talks on sponsorship deal that could bring in £5m a year [LONDON] Arsenal could make as much as £5 million (5515.7 million) a year from a big company having its name and logo on their £465 million new ground,REUTERS - 296 words
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856 2004-08-09 14 ATLANTA NYT A STEADY pace of publicly traded companies will ditch Wall Street this year. Going private has become a popular opt-out from the glaring eye of the stock exchange. Thanks to a host of new regulations, it takes more time andNYT - 856 words
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Stock sales by US execs hit seven-year low
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330 2004-08-09 14 Reuters AMERICAN sports tycoon Malcolm Glazer will try to buy a 28.9 per cent stake in Manchester United, the world's richest soccer club, from Irish investors John Magnier and J P McManus, the Sunday Telegraph reported. Mr Glazer, who owns AmericanReuters - 330 words
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434 2004-08-09 14 TOKYO AFP SUMITOMO Mitsui Financial Group (SMFG) has not given up on a merger with UFJ Holdings to create the world's biggest banking group, its chief said yesterday amid a report that SMFG had bettered a cash offer from a rival.AFP - 434 words
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Page 14 Miscellaneous
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Miscellaneous203 2004-08-09 14 CRYPTIC CROSSWORD DOWN 1 Lawful arrest by law-abiding darkness (5) YESTERDAY'S SOLUTION officer (4,3) 15 Pauline disciple embraced Across: 5 Hispid, 8 Untraced, 9 2 Look for English knights in local with aural complaint (8) Assents, 10 Drool, 11 Detonatthe same enclosure (5) 17 A (5) 13 Asphodel, 14 lambic,203 words
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BizIT
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Article843 2004-08-09 15 phil caleno - SAY IT Old technology is the cause of most remote access headaches. But there's a simple and cost-effective solution phil caleno IMAGINE you're travelling on business. In preparation for tomorrow's big presentation you connect your laptop to the high-speed Internet in your hotel room. You attempt843 words
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Article219 2004-08-09 15 They'll help safeguard against IT failures BMC Software, which provides enterprise management solutions, has revealed plans to bring together a broad range of change and configuration management (CCM) solutions designed to help customers accelerate implementation of the company's business service management (BSM) solutions. According to219 words
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Article, Illustration687 2004-08-09 16 Amit Roy Choudhury - BT exclusive It's working with Singapore partners and using new marketing strategy for its media centre PC, reports Amit Roy Choudhury Amit Roy Choudhury AS advances in technology blur the distinction between the personal computer (PC) and consumer electronics markets, Hewlett-Packard is aiming to seize687 words
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Article, Illustration474 2004-08-09 16 PC, consumer electronics markets converging HP vice-president THERE is a growing trend towards convergence of the personal computer market and the consumer electronics market, says Tom Anderson, the worldwide head of consumer PC marketing at Hewlett Packard. So convinced is HP474 words
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174 2004-08-09 16 Bloomberg [TAIPEI] Taiwan's top five laptop computer makers wUI lift their share of the world market to about 64 per cent this year as thinner margins make survival difficult for aU but the largest suppliers, Taiwan's Central News Agency said, citing marketBloomberg - 174 words
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221 2004-08-09 16 Reuters [HONG KONG] The market for semiconductors used in liquid crystal displays (LCDs) is expected to nearly double by 2008, driven by an expected boom in LCD televisions and computer monitors. The worldwide LCD semiconductor market is expected to grow to US$7Reuters - 221 words
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Article, Illustration449 2004-08-09 16 Athens spending record US$1.5b on security system AP [ATHENS] It could very well be a scene from science fiction: machines able to detect suspicious sounds or even abrupt changes in visual patterns and alert authorities. It's real, though, and in place for theAP; AFP - 449 words
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Article176 2004-08-09 16 AF [LOS ANGELES] The Walt Disney Co has added a personal computer and flat screen monitor to its lineup of consumer electronics products. It even comes with a mouse. The computer, which also comes with games, a digital pen and a drive that plays both CDsAF - 176 words
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IT TAKES
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Article81 2004-08-09 16 NOMINATIONS are invited for the Asia-Pacific ICT Awards (APICTA) 2004, to be held in Hong Kong from Dec 8-11. The Singapore infocomm Technology Federation (SiTF), the national coordinator for this regional award, says it will field at least 20 companies under "Team Singapore", and host a81 words
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Article60 2004-08-09 16 IBM veteran D C Chien is the next general manager for IBM Asean/South Asia. He succeeds Satish Khatu who takes on the new role of general manager, IBM Global Services, Asia Pacific. Prior to this appointment Mr Chien was vice-president of Systems and Technology Group,60 words
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Article42 2004-08-09 16 LEXMARK has appointed Charles Wong as country manager of Lexmark Singapore. He will be responsible for overseeing the business operations and driving the growth of Lexmark's business in Singapore. Prior to joining Lexmark, Mr Wong was with Hewlett-Packard.42 words
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65 2004-08-09 16 SIEMENS Mobile has launched the C 65 mobile phone with integrated camera, which is targeted at young adults. Available in blue shadow, the triband phone comes with Java, GPRS and WAP. It is available exclusively at all Ml retail outlets at a special introductory65 words
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Article58 2004-08-09 16 BENQ has launched the Joybee 102R digital audio player. Weighing just 16 g, the Joybee 102R, 4.1 cm in diameter and 0.8 cm thick, has a lithium-ion battery with a 10-hour life. The BenQ Joybee 102 is available now for $159 for the 128MB version and58 words
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Article87 2004-08-09 16 lOMEGA has introduced the new Super DVD QuikTouch Video Burner 12x Dual Format USB 2.0 Drive which enables one-touch video transfer to the most popular DVD or CD formats, including Double-Layer (DL) DVDs. As the first QuikTouch drive to offer Double-Layer DVD recording capability, it87 words
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Article70 2004-08-09 16 Amit Roy Choudhury - Compiled by Amit Roy Choudhury VERITAS Software has announced the immediate availability of Veritas Storage Replicator 3.0 software to protect remote office data through real-time data replication. The software enables organisations to centralise back-up without disrupting normal server operations and helps cut costs by eliminating the need to70 words
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Article7227 2004-08-09 15 Week ended: Aug 6 52-** Id Lot Vol WMk Last Quote GrMv Mv GrYM Net MCap Htfi Low Code Compny Sale COOP) H>0i Urn Bwyer 5«8or S Cvr P« SmM 25 5 6.5 5716 1st Software Sc 7 unch 2529 7 5 6 5 6.5 7 27J 347,227 words
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Article62 2004-08-09 15 u-m w UM M m-t im QMM WOW ON ottw M KM c»o Ci»>«iu w«» w- r—o uw i»m. v*«r cw m t3 im MOO W« Cr-trmods UVOeOod M# «ee scuusTadi, usm» mi SMSOtaor* UHH CM iwm.. uson «»7B SK*5 ISUM2 IBS IMS OR STlFTf 140 »4M .5262 words
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Article1963 2004-08-09 15 SHM Ttf M «M Mm* UMQMta VO* Dt* OrtVJ Mm (Km Lw cw» r—»M) Ml V- r*M» w» u» M; t cy t w J K tM W 4MMMM5C 14 undi MS M Hi u «i 27 42 211 JIOI V04Sc_ -30 Utrit 3*2 30 29 29 301,963 words
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Article323 2004-08-09 15 u tt W urn Mi WMt OrOW ON 6<tM Mm MCm ■»u«afc c.»»«T s*» raw u» >r» c* M 130 MOO «V«m«AJV AITS *4 81 179 17» 17t 17» 44 106 fc2 56 3831 ♦001 Cstf>»r «>* 20c MIC720 M M f Mitt) ■iOCB Cheung KongSOc Hit 1780323 words
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SHIPPING TIMES
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Article259 2004-08-09 17 Contributed by Simpson Spence Young DRY CARGO: The dry cargo chartering market surged again this week. China remains the driving force behind the rise in rates, customs data show that coal exports reached 7.48 mt in June, the second largest export month this year, and up 41.7 perContributed by Simpson Spence & Young - 259 words
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Article291 2004-08-09 17 SGX '000 Aug 6 S$ W- Vol CH Offshore .0.38 -0.02 2726 Chuan Hup._ 0.54 -0.01 760 Cosco Investment 0.86 -0.01 5412 CWT Distribution 0.53 0.05 469 Ezra Hldgs 0.94 uncti 0 Freight Links .0.10 unch 51 Grand Banks Yacht 0.80 0.01 65 Java Holdings 0.89 -0.01 1495291 words
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Article, Illustration50 2004-08-09 17 [JAKARTA] Indonesian-made navy patrol boats speed during during their launch in Jakarta's bay on Friday. Bolstering the region 's resolve to fight piracy, Indonesia's military chief said Thailand willjoin Singapore, Malaysia and Indonesia in their coordinated patrol of the vital Strait ofMalacca to combat piracy and terrorism. REUTERSREUTERS - 50 words
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Article, Illustration748 2004-08-09 17 Analysts see no sharp fall in shipping rates Reuters [HONG KONG] Hong Konglisted shipping companies have been turning in sharply stronger first-half profits after China-led global trade pushed freight rates higher a trend several industry watchers say could carry into 2005. Steps taken by BeijingReuters; PORT OF SEATTLE - 748 words
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219 2004-08-09 17 Reuters [MADRID] A US court hearing a case brought by Spain against the American Bureau of Shipping (ABS) has thrown out a counter claim that Madrid mishandled the 2002 sinking of the Prestige oil tanker in its waters. The USReuters - 219 words
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560 2004-08-09 17 Korean line expects operating profit to double this year Bloomberg [SEOUL] Hanjin Shipping Co, South Korea's largest shipping line, said profit rose 13 per cent in the second quarter because it carried more cargo and raised freight rates. Net income rose to 147.7 billionBloomberg - 560 words
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Article, Illustration779 2004-08-09 18 David Hughes - DOCKYARD By David Hughes LAST week, tanker owners' group Intertanko took up its cudgel when it found out that two US oil terminals had simply banned anybody at all, other than agent, pilot and surveyor, from visiting vesselsAFP FILE PHOTO - 779 words
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Article186 2004-08-09 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 Sun186 words
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Article11999 2004-08-09 22 THE BUSINESS TIMES EXPORT ETA ETA Advertiser Vessel Voyafle Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number 23/08 05/09 COSCO UNI PRUDENT 0176-051W 65-*****900 TO ABIDJAN (ABJ) 2003 Cot* D'lvoire 06/09 20/09 COSCO HATSU PRIDE 0T78-021W 65-*****90011,999 words
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SHIPS IN PORT
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Article482 2004-08-09 25 Vessel Voy No Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL DAXIN 049W J18 A/SIDE 09/08 0500 FLORA DELMAS 430E J25 A/SIDE 09/08 1000 JTONG 0411 J6 A/SIDE 09/08 2359 ZIM HONGKONG 47W J16/17 A/SIDE 09/08 0800 ANABAS ***** E J16 09/08 1700 10/08 0600 CARINA 1 MOK-28 J23 09/08482 words
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Article2107 2004-08-09 25 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vessel Out In Bth Berthing Un- Berth Name Voy Voy seq berthing Nmbr AO MAGNOLIA 080N 080N 1 10/08/2004-08:00 10/08/2004 22:00 ACX SAKURA 033S 033S 1 10/*****4 18:00 *****004-0400 ACXSWAN 105S 105S 1 09/08/2004 1 7:00 10/08/2004-05 00 AL SHAMIAH S425W 5425W J2,107 words
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Article603 2004-08-09 25 Carbon 180 Max 975.5 0.2 15.2 0.03 15 0.02 Jul 29 Density Water Residue AshAluminium Sediment No above E25 0 0 1 0 0 0 380 Ave 988.0 0.2 15.0 0.04 19 0.02 r.." 380 Ma* 1013.5 0.7 17.9 0.07 55 0.06 K6/W3 *v/v m/m hm/m603 words
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Article139 2004-08-09 25 AafS 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 31 Malaysia: Nat Day. Philippines: Nat139 words
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Article799 2004-08-09 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 individual799 words
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AIR & LAND transport
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Article, Illustration574 2004-08-09 26 Market watchers slash airline's profit forecasts by up to 28% AFP [SYDNEY] Australian discount airline Virgin Blue faces a bumpy ride as an aggressive fightback by rival Qantas and rising fuel prices hit its bottom line, analystsAFP; REUTERS - 574 words
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410 2004-08-09 26 But carrier faces strikes by baggage handlers and check-in staff Bloomberg [LONDON] British Airways, Europe's second-larg-est airline, may face strikes by ground staff that will disrupt flights as chief executive Rod Eddington prepares to report a first-quarter profit after slashing 13,000Bloomberg - 410 words
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Article, Illustration754 2004-08-09 26 Political wrangling, graft charges and site problems have delayed project AFP [BANGKOK] Plagued by allegations of cronyism and mismanagement throughout its history of more than 40 years, Thailand's still unfinished US$3.7 billion Suvamabhumi Airport now has the country's flamboyant premier cracking the whip toAFP - 754 words
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Article230 2004-08-09 26 Reuters [ZUßlCH] Airline Swiss will get almost 70 million Swiss francs (5594.5 million) in blocked funds after settling a dispute out of court over money allegedly owed by predecessor Swissair, the carrier said. The loss-making Swiss airline said that 68.7 million Swiss francs tied upReuters - 230 words
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Article399 2004-08-09 26 Ryanair flew 22% more passengers in July Bloomberg [LONDON] Easy Jet Pic, Europe's second-biggest lowcost carrier, said its average ticket price and proportion of seats filled slipped last quarter as the airline added new routes and competition drove down fares. The average fare declined 6.7Bloomberg - 399 words
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Article2133 2004-08-09 26 CITY FLIGHT ETA FLIGHT ETO mas —j™CITY FLIGHT ETA FLIGHT ETO 6313 TM| 0555EK349 <»» —gjg S0403 0730 EK405 0210 Adeuwe BA73W HMO S0425 12» EK431 0325 EM04 W05 S0404 2325 Amsterdam S0323 0615 KL838 22S5 fium 2005 GA975 0855 $0324 2345 nam Jayf 1(1137 14502,133 words
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Page 17 Advertisements
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Advertisement88 2004-08-09 17 Virgin Blue faces bumpy ride as new rival, fuel prices hit earnings A fl DOCKYARD Calling at US ports? Make sure oil record book is in order PAGE 2 I For advertising/subscriptions, call Bernard Ong: 6319 1645, Joe Wong: 6319 2062 HP: 9620 1327 Email: wongwsj@sph.com.sg For editorial matters/special features:88 words
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Page 18 Advertisements
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Advertisement827 2004-08-09 18 1 TO USA/CANADA 1 I EXPORT 1 I OTHER DESTINATIONS I |vKSa |VOY PKG ETA sM|loMGHACh|daiias| HOUSTON [MEMPHIS |CWCAGO| MEW YOtK TO AUSTRALIA (AUSTRALIA ASIA EXPRESS) no NOUjOYD SOUTHAMPTON 44E33 10/00 11/T» 27/ M 02/09 03/D9 01/W 01/ M 04/09 vJjsn VOY ETA SM KG —FtE MK —SYD MB |IM827 words
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Advertisement558 2004-08-09 18 Lines services represented by w 6 Bag Accredited Shipping Agrt. jT? t 9 S, S \n.y Singapore Shipping Association CONTAINERS/ Xov 1 CONVENTIONAL CARGO /T F«0« port KUNG/SMGAFORf/JAKARTA t BANGKOK VW ETAPKL ETA SIN ETA MALE <oto Kotalbguh XTGI33 11/08 21/08 Maid Carrier 749 15*08 19/D8 281)8 IJLV MARINE SERVICES558 words
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Page 19 Advertisements
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Advertisement1104 2004-08-09 19 MOL Combines a range of shipping modes to ensure timely, reliable services covering major ports in Norm America, Europe, Japan, Asia, Africa Oceania. Also accapt Intra-Ask Cargoes to: tUSAN KWANGYANG SHANGHAI YANTIAN XIAMEN QMGDAO BELAWAN J JAKARTA SURABAYA KAOHSMINC BANGKOK LAEM CHABANC HOCHWUNH PASIR GuPANG PDIANG PORT BEIANC For Schedules,1,104 words
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Advertisement1952 2004-08-09 19 NEW "STV" SERVICE ON EVERY THURSDAY GENERAL AGENTS IN SINGAPORE: It RAFFLES QUAY #36-01 SAIES/BRGS III: *****157/43 MX: *****321/24 I i ?^S,?I IPPIMG PTI ITD zzzrixr zzxgff sir sas Singapore to Bangkok -3 days TIL 6226 1900 (MAIN) T/SIRPDEP *****12S *****316/46 I CIMftAPHPF TH HO Till Mlllll A hAYC JOHOR'S1,952 words
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Advertisement755 2004-08-09 19 YDSa VOY SIN Jig HKG I kHH I INC KYH PUS VESSEL VOY SIN IKT SUB HKG USN PUS HY VLADIVOSTOK 146S 6/8 28/8 2/9 4/9 6/1 1/9 8/9 KMTC SINGAPORE 41 IS 15/8 IS/8 19/8 24/8 28/8 29/8 HTPtOatESS 082S 12/1 14/8 19/1 21/1 2V» 25/1 25/8 KMTC JAKAKIA755 words
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Page 20 Advertisements
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Advertisement1001 2004-08-09 20 lllfill§ WALLENIUS WILHELMSEN website: http://www.2wglobal.tom VtSStt VOY RAMP HEIGHT SIM IK ~MAO~ HOUf MIA SAV BAL ORE NYC NEW MOB TAPIOLA AI4OB 4001ns 6.31* 06/08 11/09 16/09 13/09 14/09 TAMISIS Af4lt 3201 ms 6.40 M IS/0* 09/09 18/09 25/09 26/09 01/10 29/09 03/10 22/09 TAMPA AF4I7 ***** m 6.4 M1,001 words
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Advertisement1543 2004-08-09 20 WAN HAI INTERNATIONAL PTE LTD a m>. i4******000/t TH:6226ISM (14 IMS) FAX: *****163 WAWAN HAI LINES tssssxsssazssu V-— JW HI: *7) BIWZJ FA* (07JM1WJI S* J* 1031) J*****5 NUL I0JI) H»2714/ W1305 *T1R:(071)S2S4II8fWL071) 57S47IIPUI®:71UK/71i*l WbnU7t WWW.W.»mn 1«;)Dt1)«IS7»»3M:|0*1|«IMTO rcuawwcpw m h bit ik hi w iw «o w IwnAMb m TSJKW1,543 words
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Advertisement790 2004-08-09 20 BSA x MYANMA HH FIVE STAR LINE (Myanmor National Line) Loading for Yaiigon vessel vox sin m pin pgu PAGAN 332W 10/08 12/08 HPA-AM 320W SU) SU> IN MAUYSIA: IOUSTEAD SHIPPING AGENCIES KUL: 03-*****300 PKL 03-*****101 PEN: 04-*****02 Mfsmssm iMA ACCEPTING CONVENTIONAL C6O HKG SIN HKG SM PGU PKL KUC790 words
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Page 21 Advertisements
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Advertisement1318 2004-08-09 21 VESSEL VOY 1 SIN I PKI KARACHI PXB BAB DMM BIK KHOBHAMSHAHR IRAN KORDESTAN PCL 8041 17/08 18/08 25/08 28/08 29/08 06/09 09/09 12/09 IRAN SHAHRYAR PCL 8042 23/08 24/08 31/08 03/09 04/09 11/09 14/09 17/09 IRAN SATTARI PCL 8043 30/08 31/08 07/09 10/09 11/09 18/09 21/09 24/09 IRAN KORDESTAN1,318 words
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Advertisement657 2004-08-09 21 UK CONTINENT SERVICE Loadng for ANTONIS RT M/ATW/B M N/U K/NAN STARLY RTM/ATW/BMNAJ K/NAN ARIELLA R DM/ATW/B M N/U K/NAN Loads Singapore, EVW. Malaysia. Indonesia MIDDLE-EAST SERVICE Loading for VTC STAR DBl/ABU/DOH/BRN/DM M/KWT RAVENNA DBI/ABU/DOH/BRN/DMM/KWT J FRIEND HDD/ADN/JDH/AQA 'Loads Singapore. E7W. Malaysia, Indonesia USA SERVICE Loading for SAMOS DREAM CAM/NOL/NFK/SAV657 words
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Advertisement1415 2004-08-09 21 vissa ygr m nu yb» m ski n PKMMM WW U/0| »/0» r/KPAU 4JL2Z fiSM IZZfil CSf 2301 0016P 12/01 14/01 ruttHJIM 2260 112 M 15/08 PACMNDA 1273N 13/01 13/01 HBMIBT6 7 Mitt 11/08 11/01 858 *****1 14/01 15/01 PACHU 4121 16/01 H/lZ csf 2301 osizE am >*/qs H^^BTrnvnnTTTrSV^HH jjCMMM1,415 words
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Page 22 Advertisements
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Advertisement319 2004-08-09 22 205N0W0r 14 1 6/08 21 22/08 I TIGER WAVE 206N 11 12/08 17 19/08 24-25/08 HyfUiiUl H6E* PEARL 707N 14 15/08 20 22/08 28 29/08 1 B 'P TIGER SKY 208N 19 20/08 24 26/08 31-01/09 1 ■■Ml TIGER Sa 209N 21 22/08 27-29/08 04-05/09 1 PMBM TIGER WAVE 210N319 words
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Advertisement656 2004-08-09 22 /f S pore Agaris lAI Skiaaiaf Aaoacy (S) PI. M NO; I**********Z) XTTm (I I 110C»c3sIr«rr»lTo3 lon^ol lontlu*6no S**MtWS4t j Cr-titerasia tIGS M: *****466/77 Fan *****433 Willie: www.ialtnswlwts.ca I SUPER EXPRESS KONO WStfl pov OSK KQB 1 SUM 1 TTQ TOK WIG Ml V* vraa IvOT Im |5» IMB 081656 words
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Advertisement497 2004-08-09 22 /"I -1 I IMCC MAM: TO: 6271-1333 MX: 6231-5272 /Tm7 11/fc LI 111 CD rtoCD AD AnI CUSTOMaSIRVKtra: 6221-5596 FAX: *****190 /CJCJ, SINGAPORE: TONG XX) SHIPPING PTE LID c» l *****MW0C www.prfiWa« iicuut (WJJijitmswKisTo mauysia, lIU*II, [visa Ivor ImsMl itu mm uu I mua Ivessb I voy hasm| raw |ax497 words
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Page 25 Miscellaneous
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Miscellaneous111 2004-08-09 25 Issued by Meteorological Service Division,NEA LEGEND: 1 < Thunderstorm Wind speed symbols showers Fu circle w^°,ine indicates calm or light and variable winds p a j n 1 One half fleche represents 5 knots Cloudy Day -One full fleche represents 10 knots xi Hazy A -One solid triangle represents 50111 words
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