The Business Times, 23 August 2004
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2004-08-23
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The Business Times
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Title Section14 2004-08-23 1 THE BUSINESS TIMES MITA (P) 023/03/2004 Internet: nttp://business-times.asial .com.sg SINGAPORE MONDAY, AUGUST 23, 200414 words
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Article, Illustration1471 2004-08-23 1 Chuang Peck Ming - Urging the building of new strengths, he pledges to engage a new generation with different values and dreams Reports by Chuang Peck Ming [SINGAPORE] Calling for a fresh and bold approach to take Singapore to a higher level, Prime Minister Lee HsienCHEW SENG KIM/ST - 1,471 words
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404 2004-08-23 1 Citizens below a certain income threshold may be barred [SINGAPORE] Singaporeans earning less than a certain income may be barred if the government decides to give the greenlight for a casino, Prime Minister Lee Hsien Loong said last night. This is one404 words
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Article60 2004-08-23 1 Week Change STI 1894.93 +22.05 KLSECOMP 808.47 -7.15 NIKKEI 225 *****.14 +131.94 HANG SENG 12:176.90 +17.07 SET INDEX 598.55 +9.68 JAKARTA COMP ...750.47 -5.45 MANILA COMP .1582.84 -7.79 TAIPEI TA1EX .....5622.86—+232.93 SEOUL COMP 787.64 +11.62 SHENZHEN B 214.40 -21.38 Al'STALLORD .3507.80 +18.70 DOW JONES *****.14 +284.79 NASDAQ 1838.02.. +80.8060 words
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Article75 2004-08-23 1 FOREX RATES US$ S$ i:s$ (SS per I'SS) 1.706 £(IS$/SS per 1.831 3.124 El'RO(L'S$/SS/E). 1.237 till YEN 109.1 63.90 KM 3.800 2.228 HKS 7.799 4.572 BAHT 41.44 24.29 Rl'PlAH 9,230 5.411 RENMINBI 8.277 4.852 INDIAN Rl PEE 46 30 27.14 AS 1.380 0.809 NZS 1.485 0.870 PRIME RATES SINGAPORE75 words
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Page 1 Advertisements
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Advertisement20 2004-08-23 1 Financial perks give the stork helping hand, Pg 2 PM Lee sets goal of open yet cohesive society, Pg 220 words
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Article, Illustration1000 2004-08-23 2 Joyce Koh - Govt to pick up the tab for 4 extra weeks of maternity leave, among other measures By Joyce Koh [SINGAPORE] Babies are a serious matter, and Prime Minister Lee Hsien Loong saved the highly anticipated topic for last in his1,000 words
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602 2004-08-23 2 Chuang Peck Ming - His recent trip was aimed at understanding a tense situation By Chuang Peck Ming [SINGAPORE] Singapore will not back Taiwan if it provokes a conflict with China, Prime Minister Lee Hsien Loong said last night. "I will not change our 'One China' policy,"602 words
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407 2004-08-23 2 Amit Roy Choudhury - Police to exempt licensing of indoor talks if sensitive issues not discussed By Amit Roy Choudhury [SINGAPORE] An open society welcoming diverse views, yet cohesive and with a sense of national purpose is the goal that Prime Minister Lee Hsien Loong outlined407 words
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372 2004-08-23 2 Source says partnership could result in PSA moving some container trade to Johor port Reuters [KUALA LUMPUR] Speculation is growing stronger that Singapore's PSA Corp will take a stake in the business of its competitor, the Port of Tanjung PelepasReuters - 372 words
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Page 2 Advertisements
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Advertisement58 2004-08-23 2 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: SimonneToh T: +65 6535 3382 F: +65 6535 3991 E: singaporeoocra.com.sg58 words
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SINGAPORE companies
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Article, Illustration965 2004-08-23 3 Ven Sreenivasan - With jet fuel at over US$54 a barrel, its highest in 14 years, most airlines' operating numbers are way below their break-even levels By Ven Sreenivasan GLOBAL aviation industry earnings, which have barely begun to recover from the debilitating impact of the events of965 words
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Article, Illustration673 2004-08-23 3 ven sreenivasan - HOCK lock siew ven sreenivasan WITH oil prices rising some 60 per cent since last year, and over 30 per cent since the middle of last month, there is increasing concern that the global aviation industry could nosedive into another crisis. Already, analystsFILE PHOTO - 673 words
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Page 3 Advertisements
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Advertisement21 2004-08-23 3 Premium Automobiles Showrooms: 55 Übi Road 1 Singapore *****9 Tel: 6388 2323, 9 Leng Kee Road Singapore *****0 Tel: 6566 111121 words
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SINGAPORE companies
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Article, Illustration405 2004-08-23 4 Raju Chellam - Orders fulfilled hit US$1.5b; 2004 sales seen jumping 4% By Raju Chellam THE spike in oil prices and consequent fears of inflation haven't deflated the surge in semicon spending, going by the latest results from US-based industry body Semiconductor Equipment and Materials International (SEMI).FILE PHOTO - 405 words
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Article, Illustration669 2004-08-23 4 AFP THE Banyan Tree group, the Singa-pore-based leisure chain that has popularised new-age spa resorts in Asia and reportedly has plans for a listing in Singapore soon, is entrenching itself further as a global player. At an event to unveil the group's branching out toAFP - 669 words
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Article, Illustration132 2004-08-23 4 CASH continues to pour in from the financial industry and listed companies for The Bull Run 2004, the latest being Capita Land Ltd which donated $50,000t0 the charity fun run, pushing the total to $890,688 in pledges collected so far. What is more, Capita Land president and132 words
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123 2004-08-23 4 SESDAQ-LISTED Santak Holdings has announced the appointment of its independent director, Lee Keen Whye, as non-executive chairman of the group following the resignation of its chairman and managing director Tan Chee Hawai last Friday. Mr Tan has also resigned from the company's audit123 words
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272 2004-08-23 4 CONTACT lens maker Oculus Ltd is back in the market with its rights-cum-war-rants issue, which was recently put on hold over possible tax irregularities faced by a China subsidiary. Oculus announced the temporary suspension of the non-underwritten issue on July 27, just one272 words
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Advertisement163 2004-08-23 4 D Mifcri to whet your appetite... Savour the artfceatk elements of an izakay* with aazmjrtki (charcoal grill) monels for an unforgettable jjoannct experience at simniou. Bajpy 10% diacooatoe total bill and 000-fbr-aoe on AmmOVK Mm H ■HEK9EfInnBHH| I Diners Club International' Where to wine, dine and entertain... A World Exclusive163 words
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Advertisement112 2004-08-23 4 operation hours 1 200hrt to M3ohrs 1800 hr s to 2300hrs for dining reservation tel 6333 1788 email 13ngmahalPhlnd.com.sg Pan Pacific Singapore Level 3 7 Raffle* Boulevard Marina Square Singapore *****9 W t J s 4^'-' k AMMr VU Limited by your healthy meal? Feast Unlimited. To Health! Tasty well-balanced112 words
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Advertisement38 2004-08-23 4 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 plate* of rice.38 words
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Advertisement5 2004-08-23 4 BMR|Only^|^H moio to****!?! v.» am#5 words
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Advertisement46 2004-08-23 4 "1 THE NEPTUNE COLLYIR Q.U A Y .Wtfl DIAN XIN AT THE NEPTUNE Enjoy excellent lunch and dian xin served on trolleys. Reservations: 6224 3203 CgfejWfiiJ&mi* Cooym Ou&r Managed by Meritus Mandarin Singapore 7th Floor, Overseas Union House, Collyer Quay Singapore *****1 Tel: +65 6224 392246 words
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SINGAPORE markets
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Article, Illustration1366 2004-08-23 5 kenneth lim - BT portfolio STOCKS kenneth lim WITH the winds of cautiousness blowing across the market, our contrarian and most forward-looking portfolios fell by the wayside last week while portfolios with proven winners and consensus favourites surged to the fore. The gap between the two key market1,366 words
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Article, Illustration1181 2004-08-23 5 Robert Halili - INSIDE MARKETS Directors and investors were busy acquiring shares in their companies last week, writes Robert Halili Robert Halili THE buying was high in the third week of this month with 43 shareholders of 37 firms making 75 acquisitions worth $10.2 million. The numbers1,181 words
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Article, Illustration312 2004-08-23 5 Ven Sreenivasan - HOT STOCK WARRANT By Ven Sreenivasan THE recent panicky selldown on small caps has sent many back to their initial public offering (IPO) levels. This is despite the fact that the fundamentals and the operating environment of many of these companies haveSource: Bloomberg - 312 words
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Article, Illustration199 2004-08-23 6 ven sreenivasan - BT comment STOCKS ven sreenivasan The such Mean ABN Amro warns that although Asian equities look cheap at the moment, they could get even cheaper if global economic growth flounders. And it is advising caution on a sixmonth view. Singapore Press Holdings and SembCorp Logistics199 words
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Article, Illustration443 2004-08-23 6 AFP [HONG KONG] Asian currencies ended last week mostly higher against the greenback as fears prevailed that lacklustre economic data and soaring oil prices could have a negative impact on the US economy. Japanese yen: The yen gained ground againstAFP - 443 words
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Article112 2004-08-23 6 Events investors can watch out for Avaptas' dividend payment, Aug 23 nour u lass ai vi oeno paymffn, Aug 23 Mentor Media's dividend payment, Aug 23 Blu Inc, EQM, Aug 24 WlHas-Array's dividend payment, Aug 24 Ipcolnt'l, AQM, Aug 24 AO if iMiililani ■> vir ina s avvioena112 words
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Article1012 2004-08-23 6 Payment Ex looks Pay Payment Ex looks Pay teal Sill dost Idfl tot dost data AEM-Evertech 5c I 0.13 15-Sep 20-Sep 30-Scp OCBC I 19.00 24-Aug 27 Aug 13-S«P AEM-Evertech Sc w 0.375 15-Sep 20-Sep 30-Sep OsimlntISc I 0.70 31-Aug 03-Sep 17-Sep Airocean 5c b 0.30 10-Aug 13-Aug1,012 words
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Article, Illustration1620 2004-08-23 6 The stock recommendation is the average of all the recom- Number forecast Median Number forecast Median Number forecast Median mendations submitted by analysts following the stock. There recommendation of EPS pe Target recommendation of EPS pe Target recommendation of EPS pe Target is a total of 29 brokers1,620 words
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SINGAPORE news
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Article, Illustration407 2004-08-23 7 Larry Wee - The Hour Glass celebrates its 25th Anniversary with $2.5 million bash By Larry Wee FROM Aug 25 to 29, watch-lovers here and abroad will be treated to an unprecedented $2.5 million horological extravaganza at Raffles City Convention Centre. Over the coming week, more than 30407 words
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514 2004-08-23 7 Daniel Buenas - Small companies need structured training to remain competitive, attract talent By Daniel Buenas SINGAPORE'S small and medium-sized enterprises cannot afford to neglect training of their workers, or they risk losing their competitiveness and the ability to attract talent, a senior official at the Workforce514 words
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Article, Illustration309 2004-08-23 7 SUPERMARKET groups and retailers here will get a boost from a new resource centre that helps them maintain high standards in the quality and freshness of imported food. The Singapore Cold Chain Centre, to be formally established next month, will also organiseFILE PHOTO - 309 words
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Page 7 Advertisements
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Advertisement1724 2004-08-23 7 i BANKMANDIR^. CONSOLIDATED BALANCE SHEET CONSOLIDATED STATEMENTS OF As at December 31,2003 and 2002 PROFIT AND LOSS For the years ended December 31,2003 and 2002 (Amounts in millions of Rupiah, except otherwise stated) ASSETS 2003 2002 (Amounts in millions of Rupiah, except otherwise stated) 2003 2002 Cash 2,228,671 2,164,651 (Restated)1,724 words
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REGIONAL news
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Article, Illustration511 2004-08-23 8 JAKARTA Analysts say interest rate and growth assumptions may not materialise Reuters WITH the additional burden of unexpectedly high oil prices, the Indonesian government's 2005 Budget assumptions, especially for interest rates and growth may not materialise, analysts have said. While the governmentReuters; AFP - 511 words
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Article, Illustration735 2004-08-23 8 HONG KONG They eye credit cards to off-set slower growth in traditional lending Reuters HONG Kong banks are polishing advertising campaigns in a bet that a tourism boom and higher consumer spending will spur shoppers to pay with plastic. Standard Chartered Pic isReuters; AFP - 735 words
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309 2004-08-23 8 KUALA LUMPUR AP THREE Malaysians who became sick after an outbreak of the deadly HSNI bird flu strain hit their northern village do not have the disease, officials said yesterday. A teenage girl, her mother and a veterinary officer who went to theAP - 309 words
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Article, Illustration448 2004-08-23 8 AFP [MANILA] The Philippines will lose out on some 3,000 jobs in Iraq unless it lifts a ban on its nationals working there, a recruitment agency said on Saturday amid protests by Filipinos desperate to work in the troubledAFP; REUTERS - 448 words
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Article, Illustration731 2004-08-23 9 SHANGHAI Amazon.com, eBay, Yahoo among those taking slice of US$4.8b market AP GOING store-to-store hunting for bargains holds no appeal for Wang Qin, a busy securities industry employee who says he would rather spend his time and energy on work. Like growing numbers ofAP - 731 words
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228 2004-08-23 9 BEIJING AP CHINA has launched a nationwide crackdown on pyramid schemes after exposing 10 cases, including some that made use of the Internet, the government said yesterday. The General Administration for Industry and Commerce disclosed the cases last week and has severely punished theAP - 228 words
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278 2004-08-23 9 MANILA Govt incentives offered to buyers of soared assets lapse after April 2005 Reuters RIZAL Commercial Banking Corp (RCBC), the Philippines' seventh-larg-est lender, closed a deal to sell about 3.9 billion pesos (Ssl2o million) worth of bad loans to US investmentReuters - 278 words
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Article, Illustration727 2004-08-23 9 SHANGHAI AFP WHEN late Chinese leader Deng Xiaoping more than two decades ago declared that "to get rich is glorious" he wed a then hard-line communist nation to a very unlikely bride free market capitalism. Most would agree thatAFP; ATP - 727 words
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Page 8 Advertisements
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Advertisement87 2004-08-23 8 Few franchises offer the lifestyle rewards we do. Join our international network of 285 professional consultants/coaches. A new franchise opens every 8 minutes of every business day. You can achieve the lifestyle you desire by helping others discover the one that is right for them. Visit us online for more87 words
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Advertisement21 2004-08-23 8 I Lianhe Zaobao fl I Older office complexes I I getanew I If! lease of I B 8 'ijk >h... I21 words
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Advertisement294 2004-08-23 8 LOST CERTIFICATES The following share certificates have been reported lost, mislaid or destroyed by the registered shareholdersM—a Of Company Cert. Not. No. of Shares In the name of Parameswara Holding# *****20 10,000 Bajaj Kavinder Singh Parameswara Holdings *****50 3,100 Bajaj Kavinder Singh Notice is hereby given that replacement certificates will294 words
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Page 9 Advertisements
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Advertisement1254 2004-08-23 9 Partners Partnership in Practice CORPORATE LAWYERS KhattarWong is a leading law firm in Singapore having a full service regional practice and an international offering with Eversheds LLP, one of the world's largest law firms with over 1900 lawyers. Our legal professionals have ample opportunities to broaden their horizons in the1,254 words
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FOCUS china
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Article, Illustration1359 2004-08-23 10 Nokia, Motorola and Siemens have substantially increased R&D efforts over past year and Chinese handset vendors are beefing up design capabilities NYT [BEIJING] CHINA, the world's largest cellular phone market with more than 305 million subscribers, is fast emerging asNYT; AFP - 1,359 words
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Article, Illustration1174 2004-08-23 10 Illegal land grabs by local officials in the name of development are displacing farmers and eroding China's food security NYT [XIANGQIAO, China] ONE day, Zhu Meixia was planting rice, tea and vegetables on the plot of land that has fed her family for decades. The nextNYT; REUTERS - 1,174 words
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FOCUS emerging india
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Article, Illustration1578 2004-08-23 11 Young workers' aspirations show they are a demographic behemoth, but across the country, they are split over the future of the nation NYT [KNOWLEDGE CITY, India] AN American-style corporate campus outside Bombay, Knowledge City, is replete with an artificial lake, gym, cafeteria and the ambitious youngNYT; REUTERS, AFP PHOTOS - 1,578 words
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Article, Illustration456 2004-08-23 11 Reuters [NEW DELHI] Indian Prime Minister Manmohan Singh said on Saturday his government would make controlling record-high inflation a top priority while trying to push growth in Asia's fourth-largest economy. Inflation has been steadily picking up in recent months because ofReuters; AP - 456 words
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Article913 2004-08-23 11 E Week ended: Aug 20 S»di m Qm ChlJI HKfc MBn Wl dot Qmy AMgrean 50c 0J0 1010 Not 2.15 2.860 *0020 ML tnti US20c 047 0.955 40.095 0C9C 10.67 13JOO ***** Cap<Wjr>d 1.05 1.490 -0.040 Partway H 25c 0.62 1-2*0 -0.010 Chart SamiCond 26c 0M 1.100 -0.010 P»op.es913 words
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Article1001 2004-08-23 11 BONDS WARRANTS Prem Expiry Td LMt Vol Coav Eur Mk Gmt- Mtt» Code Company Sate +f ('000) IU<to Prkt tog Laft ASNf*****1S ADBnl 845S*****SS 3779 ASl Marine Hldgs WOOMOI 14 1 53 34 3.57 44 36»7 AcmaLtdW*****6 AS 1 SO 818 11.00 3 3(02 AmtekW*****0 78 unch It 1 331,001 words
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WORLD news
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Article, Illustration825 2004-08-23 12 OIL ECONOMICS It depends on whether growth is driven by US or other regions LATWP, AFP [WASHINGTON] The price of oil appears to be levitating towards US$5O a barrel like a moth to a street lamp as economists watch in awe, fearLATWP,; AFP; Source: Reuters - 825 words
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448 2004-08-23 12 Bosh not doing enough to ease price hikes, they say [WASHINGTON] Democrats are attacking the White House's energy policies, as oil prices surged to nearly US$5O a barrel on Friday. Though prices retreated a bit as the danger appeared to lessen, President448 words
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1116 2004-08-23 12 COMMODITY Weekly Roundup AFP [LONDON] World oil prices surged to a series of new record high levels on world markets last week, raising concerns about the global economic outlook and boosting the value of gold. The Commodities Research Bureau's index of 17AFP - 1,116 words
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WORLD Watch
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Article64 2004-08-23 13 Reuters [LONDON] Wal-Mart subsidiary Asda has overtaken Marks Spencer as Britain's biggest clothing retailer, according to confidential market share figures, the Sunday Telegraph reported. Asda lifted its share of Britain's clothing and footwear market to 9.4 per cent in the three months to July 25, comparedReuters - 64 words
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94 2004-08-23 13 Reuters [LONDON] Spanish bank Santander Central Hispano would drop an £8 billion (Ss2s billion) offer for British bank Abbey National if rival bids result in a drawn-out competition investigation, the Sunday Telegraph reported. Santander feared a lengthy probe would create uncertainty and damage Abbey's business,Reuters - 94 words
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97 2004-08-23 13 AFP [NEW YORK] A large majority of Americans support embryonic stem cell research, the object of an ethical and political debate weighing heavily on the US presidential election campaign, a Harris Interactive poll showed on Friday. It showed that 73 per cent of thoseAFP - 97 words
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Article, Illustration635 2004-08-23 13 Anthony Rowley - Economists split on how resilient economy is to external events From Anthony Rowley in Tokyo A JAPANESE government minister claimed yesterday that the abrupt slowdown in Japan's economic growth during the second quarter of the year simply marked a pause in635 words
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Article, Illustration710 2004-08-23 13 Its bankers took a small fee, but can look forward to more deals ahead NEW YORK DID Google take Wall Street, or vice versa? Much has been made of the cut-rate fees Morgan Stanley and Credit Suisse First Boston accepted to underwriteAFP - 710 words
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416 2004-08-23 14 NEW YORK Many also pay the price of misreading the company culture: Korn/Ferry Reuters FAILURE to prioritise and the inability to read into a company's culture top the list of common mistakes senior executives make in their first 100 days inReuters - 416 words
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Article, Illustration1083 2004-08-23 12 FINANCE COMMODITIES Week ended: Aug 20 PRIME LEMPDfO KATES BANKS Fortis Bank SA/N.V 6 ABN Amro Bank NV 5.25 tob'b Bank 6.5 ABSA Bank Limited 5.5 HL Bank 6 Agricultural Bank Of China.— 5.5 5-5 ANZ Banking Group 6 H SBC Private Bank American Express Bank 5 SA........... 5.5 Arab1,083 words
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Article1679 2004-08-23 13 SICOM FUTURES Aug 20 RUBBER Futures (Closing prices) RSS1 (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Sep 04 214.75 Oct 04 214.00 Mo* 04 214.00 Dec 04 214.00 Jan/Mar 05 214.00 Apr/Jun 05 216.50 RSS 3 (US cents/kg) Volume Open Month High Low Sett (tomes)1,679 words
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Article354 2004-08-23 14 u-wt Tai last Vol «M Lart Quote GrDtv Uv GrVW Ml MCap law Coda Comrmy Sale W- CWB) W Low »uyr S*f Cw Ht 221 150 6000 AVJenoings A25c A180 +5 49 180 173 178 182 44 10.6 6.1 5.7 387.4 6001 Cathay Pac 20c HK720 265 2.1354 words
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Article68 2004-08-23 14 S2-Wk Tal Last Vol WMt last Quote GrMv Dtv GrYld MM MCap Ht» Low Cod* Company Sa>* *4- 000 High low fciyr S«»f On W 2060 2000 6065 Diamonds US2060xd 2120 6095 IS OJ US Teth US3740 6097 SMSdSpore US555 (101 ISS4P500 US8270 ********** 6170 SPORS US***** 195568 words
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Article2080 2004-08-23 14 S2-M Tat Lact Vol MFook Lvt Quote GiOtv Hv GrYM MM MCap I—> Code cam** S*t W- roao) Hl» low t»yr Sdhr Cw Pft in* 26 125 5000 ABRHIdgsSc 13.5 unch 215 13.5 13.5 13.5 15 26 72.5 20.5 1502 AST110c 44 unch 1542 45 42.5 43.5 442,080 words
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Page 14 Miscellaneous
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Miscellaneous170 2004-08-23 14 CRYPTIC CROSSWORD aims to gel knick knacks (4,3,4) 9 Somehow grin and bear it YESTERDAY'S SOLUTION (4,4,5) Across: 1 Undertaking, 7 Out--2 Exerted to be on the move 14 Gee! Pride is displayed in live 8 Terrjer 10 Esmee m i inlmakocHncmoniAcohic one s lineage (8) patient, 12 Lodging, 14170 words
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BizIT
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Article, Illustration805 2004-08-23 15 raju chellam - IT comment INFOTECH The search engine's overwhelming success offers some pointers for S'pore raju chellam YOU can see a big, broad grin on the face of the world's No 1 search engine. Google has suddenly mutated from being the Net's golden boy to Wall Street's teenage toy805 words
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Article, Illustration296 2004-08-23 15 Nande Khin - Microsoft teams up with designer Philippe Starck By Nande Khin MICROSOFT Hardware, the less heralded arm of the software giant that produces hardware products, looks set to lay out a design blueprint for the rest to follow with the Optical Mouse by S+ARCK, its296 words
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Article213 2004-08-23 15 Amit Roy Choudhury - By Amit Roy Choudhury PEOPLESOFT has announced the availability in Singapore of the People Soft World Express, a suite of business applications targeted at small and mediumsized businesses with annual revenues of between US$2O million and US$lOO million. Angus McDougall, the company's South Asian managing213 words
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Article456 2004-08-23 15 Nande Khin - Compiled by Nande Khin MoAfee'i qtyware biuter MCAFEE Singapore has launched a new solution against spyware and adware. McAfee AntiSpyware proactively detects and eliminates spyware, adware, key logger and behaviour-tracking programs before they rob identities, steal passwords or destroy files. It will be available at this week's Comex456 words
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Article, Illustration840 2004-08-23 16 Tang Weng Fai - BT exclusive Regional recovery brings company closer to target after two disappointing years. Tang Weng Pai reports Tang Weng Fai COMPUTER storage maker EMC Corp's recent performance in the region is putting the possibility of US$l billion in revenue fromARTHUR LEE - 840 words
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Article, Illustration708 2004-08-23 16 Amit Roy Choudhury - BT exclusive Headcount to rise to 250 by end-2005 from 150 now By Amit Roy Choudhury BEARINGPOINT, one of the world's largest business consulting, systems integration and managed services firms, has set aggressive targets for its Singapore and South-east Asian operations over theARTHUR LEE - 708 words
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515 2004-08-23 16 AFP [WASHINGTON] Internet security experts have found two "flaws" with Microsoft Corp's long-awaited security update for its Windows XP operating system, but the software behemoth insists that the new SP2 is secure. Microsoft has said its Service Pack 2AFP - 515 words
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142 2004-08-23 16 Reuters [WASHINGTON] Apple Computer Inc has agreed to recall about 28,000 batteries used in its 15-inch Powerßook G4 laptop computers, the US Consumer Product Safety Commission said on Thursday. The batteries, made by LG Chem Ltd of South Korea, could overheat and pose aReuters - 142 words
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478 2004-08-23 16 Reuters [LEIPZIG, Germany] Video games makers searching for the next big thing to pull in players at Europe's biggest computer games fair hope to tempt more gamers to pit their wits against one other online as Web technology improves. Among a flurry ofReuters - 478 words
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Page 15 Advertisements
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Advertisement215 2004-08-23 15 EMC 2 where information lives 10 YEARS OF INNOVATION, 10 YEARS OF GREAT SUCCESS. EMCS 10-year anniversary in Singapore information lifecycte management, helping our Integrity, unmatched customer service, and a customers get maximum value from their information commitment to excellence these are the ideals that at the lowest total cost.215 words
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Page 16 Advertisements
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Advertisement118 2004-08-23 16 offers you high quality conference call that deliver your message in clear crisp manner without the howls and echos. What's more, with trade-in up to Sslooo, it makes your choice even clearer. ■HH§ ftadi in any awdk> conferencing phone for a Sound Station Premier* EX or Sound Station VTX 1000™.118 words
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SHIPPING TIMES
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Article276 2004-08-23 17 TANKERS: Having sold earlier in the month the ex-Apollo Oshima to Chinese buyers at US$4B.5 million, the Dynacom group is back buying ships again. Its target this time is the Dundee, which has double sides, is over 300,000 dwt and was built in 1993. The price of US$57276 words
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Article278 2004-08-23 17 SGX '000 Aug 20 SS Vol CH Offshore 037 unch 178 ChuanHup ......0.53 unch 317 Cosco Investment 0.79 -0.03 7120 CWT Distribution 0.49 unch 1 EzraHldgs.. 0.92 -0.01 10 Freight Links 0.10 0.01 284 Grand Banks Yacht 0.80 0.02 4 Java Holdings 0.90 -0.02 787 K1 Venture 030278 words
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PORT Shots
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Article134 2004-08-23 17 Bernama [PENANG] Security levels at Malaysia's sea ports are at their best now and the facilities are also free from external threats, especially in terms of terrorist activities, Deputy Minister ofTransport Azlan Sultan Abu Bakar said. He said the presence of efficient and trained auxiliary policeBernama - 134 words
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112 2004-08-23 17 Bloomberg [SHENZHEN] China International Marine Containers Ltd, the world's largest maker of freight containers, said it received a 1.5 billion yuan (Ss3o9 million) credit line from Bank of Communications. The company did not give other details on the one-year credit line in a statementBloomberg - 112 words
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Article94 2004-08-23 17 Reuters [HAMBURG] Rising water levels on the river Rhine in central Germany mean vessels are no longer imposing low water surcharges, a shipping industry official said on Friday. The water level at the key point of Kaub near Koblenz was 1.63 metres, above the 1.50Reuters - 94 words
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Article, Illustration483 2004-08-23 17 Reuters [NEW DELHI] Hundreds of thousands of truckers stayed off the roads across India yesterday, the second day of a nationwide strike to protest against a new service tax, disrupting movement of everything from food to cement and pushing up prices. The strike wasReuters; AFP - 483 words
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Article, Illustration686 2004-08-23 17 Donald Urquhart - Mexico's secret development plan to cash in on congestion and strikes at US ports By Donald Urquhart [SINGAPORE] Chronic congestion could soon allow upstart Mexican ports with the help of Hutchison Port Holdings (HPH) to usurp some of the US$2OO billion in annualAP FILE PHOTO - 686 words
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367 2004-08-23 17 Port operator's throughput up 13% in H1 Reuters [SHANGHAI] Shanghai Container Co Ltd, a port operator backed by Shanghai Port Authority, has turned in a 28 per cent jump in second quarter net profit, on a rise in traffic driven by China's export-oriented economy.Reuters - 367 words
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Article, Illustration725 2004-08-23 18 David Hughes - DOCKYARD By David Hughes THERE are five main elements that make up the total running costs of a vessel; manning, insurance, repairs and maintenance, stores and lubricants and administrative costs. Those are roughly in descending order of magnitude. Crew costs typically account for about 40FILE PHOTO - 725 words
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Article194 2004-08-23 18 PAGE Hamburg-Sud 3 Pancon Shpg 5 Alianca 3 Heung-A 3 PDZ Lines 6 AAL 5 Horizon Shp 5 PNSC 5 Avant 5 HubLine 6 Pan Ocean 5 Bank Line 4 HUAL 6 PT DLIoyd 5 B'tang Mas 3 'ndogulf 5 pj Reksa 5 BSA 4 Indotrans 5194 words
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Article12497 2004-08-23 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 Nam*12,497 words
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SHIPS IN PORT
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Article540 2004-08-23 25 Vessel Voy Wo Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL ANNINGJIANG APN6 J12 A/SIDE 23/08 2100 DAXIN 053W J18/19 A/SIDE 23/08 0500 J REAL 0411 J14/15 A/SIDE 23/08 0900 WHIM HARMONY 003 J7/8 A/SIDE 23/08 0800 WINBUILD 318 0108 J14 A/SIDE 23/08 1300 ZIM USA 26W J17/18 A/SIDE 23/08540 words
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Article1525 2004-08-23 25 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vessel Out In Bth Berthing Un- Berth Vessel Out In Bth Berthing (In- Berth Vessel Out In Bth Berthing Un- Berth Name Voy Voy seq berthing Nmbr Name Voy Voy seq berthing Nmbr Hmm Vay Voy berthing Hwbr ACX MARGUF"' 1W 034S 11,525 words
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Article141 2004-08-23 25 Ang 30 UK: Summer Bank Hoi. Ang 31 Malaysia: Nat Day. Philippines: Nat Heroes Day. Sep 6 Canada: Labour Day. Sep 12 Brunei: Ascen of the Prophet. Indonesia: Ascen of the Prophet. Sep 27 SKorea: Harvest Day. Sep 28 SKorea: Harvest Day. Sep 29 HK: Mid-Autumn Festl. SKorea:141 words
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Article801 2004-08-23 25 THIS report, compiled by Cockett Ma rtne 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 indi cated. The Cockett Bunker Price Index change and801 words
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Article579 2004-08-23 25 C«rbon <80 Max 987.3 0.3 112 0.05 46 0.04 Aua 12 DMsrty Wrtf NsMue AshAhnln*u» Utmmft No above E25 0 0 1 0 0 0 *2SJl 380 Ave 984.1 0.3 V4.0 0.04 27 0.02 t „o. 380 Mai 993.0 17 17.8 0.07 56 0.06 U/W3 v/v579 words
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AIR & LAND transport
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Article, Illustration397 2004-08-23 26 The plane could be ready for production by 2010 AFP [BANGALORE] India successfully flight-tested yesterday a prototype of its 14-seater civilian aircraft whose development had been delayed by United States sanctions, officials said. The inaugural flight of the aircraft, christened "Saras" (Crane), lasted 20 minutes,AFP; AP - 397 words
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Article, Illustration526 2004-08-23 26 OIL CRISIS AFP [PARIS] To limit the impact of rising oil prices, most airlines use financial instruments to lock in future purchases of fuel at prices set in advance, though such hedging techniques can turn out to be costly and ineffective when high pricesAFP - 526 words
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474 2004-08-23 26 AFP [NEW YORK] High oil prices, bubbling near US$5O a barrel in New York, threaten to take down US airlines, which barely survived the Sept 11, 2001, attacks, analysts say. "We believe high oil prices and price wars on transcontinental routesAFP - 474 words
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Article, Illustration605 2004-08-23 26 Creditors not to press alternative strategies during the 30-day period Reuters [CHICAGO] A US bankruptcy court judge has granted United Airlines another 30 days of exclusivity, giving it until the end of September to file its own reorganisation plan without competing plansReuters; AP - 605 words
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130 2004-08-23 26 AFP [CAIRO] US authorities forced Egypt's national carrier to replace two crew members on its regular flight to New York on Friday, causing a delay of 100 minutes, an airport official said. Egypt Air received a message from US authorities shortly before FlightAFP - 130 words
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Article1990 2004-08-23 26 3TY FLIGHT ETA FLIGHT ETD $0403 0730 EK405 02W SOW 1415 S0320 1240 S0220 1420 LH9784 0930 n i n. —nrat S042S 1215 EX431 0325 VS7319 1415 VS7320 1240 LM9769 1745 S0219 0930 MtUM* MC tMM $0404 2325 BAI7 1720 BA7309 2250 S0232 1745 GF148 10301,990 words
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Page 17 Advertisements
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Advertisement10 2004-08-23 17 United gels more time NOTICE to file revamp p an10 words
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Advertisement200 2004-08-23 17 STRAITS/NEW ZEALAND DISCUSSION AGREEMENT NOTICE TO TRADE BUSINESS PLAN 2005 FROM NEW ZEALAND TO SOUTH EAST ASIA AND SOUTH ASIA Member Lines of the Straits/New Zealand Discussion Agreement wish to inform the trade that they will implement the following Rate Restoration (RR) with effect from 1 January 2005 as part200 words
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Page 18 Advertisements
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Advertisement852 2004-08-23 18 I TO USA/CANADA I i EXPORT I 1 OTHER DESTINATIONS I VBSa [VOY 1 PNG IHA SIN I LONG lIAOI|DAUAS [HOUSTON ImOIIPHK I QNCACOI NEWToili(~[ TO AUSTRALIA (AUSTRALIA ASIA EXPRESS) 00Q. HAMBURG 05E35 OMIT 25/08 I 10/W 16/09 17/09 15/09 15/09 IJ/09 U VOY ETAS* PKG Fit m SYD Mfl852 words
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Advertisement529 2004-08-23 18 Lines services represented by Members of the Registry of Accredited Shipping Agents, Singapore Shipping Association Members of the Singapore Logistics Association CONTAINERS/ conventional cargo ran UANG/SMGAPOK/JMUUtn A MNGKOR VOY ETAPKL ETA SIN ETA MALE Maid Carrier 749 18/06 23/06 31/06 Princess Uty 0004 2a«6 31/06 0&09 UUT MARINE SERVICES SINGAPORE529 words
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Page 19 Advertisements
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Advertisement968 2004-08-23 19 MOt ConiLiimi C oronge of shipping modes to ensure timely, reliable services covering major ports in Norm America, Europe, Japan, Asia, Africa Oceania. Alse ecctpt hrtre*Ashi Gvjms Ik BUSAM KWAN6YANG/SHANGHAI YANTIAN XttMEH KAOHSWI6 IjjMgMjjK iAHi CHAIAHC WKHMMM HASM OBttAHC PBIAH6 fCfT KHAH6 For Schedules, BL Searches, and Container Tracking, visit968 words
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Advertisement2474 2004-08-23 19 "STY" SERVICE EVERY THURSDAY SINGAPORE TO lANGKOK -I DAYS SW6VOKI TO HO CHIWHH -4 DAYS GENERAL AGENTS HI SMGAPORE: It RAffliS QUAY MMI SAUS/RKGS Til: *****857/43 MX: 62J85J21/M I uruf 'MTV* SERVICE rn(TiD SHIPPING PTI LTD hong hong bwuhng outward ir/u mmsioj 4ms3Js/7$ I IffiMlMMlJire SKOMBMISII NIWARO(D/O) *****786 *****319/49 I2,474 words
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Advertisement960 2004-08-23 20 Ujijl# WALLENIUS WILHELMSEN website: http://www.2wglobal.com Vissa IVQT IRAMP IK ~laO~ HOW MIA SAV Ml OOF NYC NfW MOl TAMPA AF4I7 4201 MS 6.4 M I 31/08 25/09 04/10 11/10 12/10 16/10 14/10 18/10 08/10 TARAGO AE4IB 3201 ms I 6.4 M I 21/09 12/10 21/10 28/10 29/10 02/11 01/11 04/11960 words
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Advertisement1578 2004-08-23 20 WAN HAI INTERNATIONAL PIE LTD a NOt iwswoooo/1 V?rA lIIAU HL*****5M (MUNIS) FAX:*****163 VAN N WAN HAI I INFS C B, ,r Wvk./kofci* DHd U» (1800) *****200 V llftl LIIILJ PU OL (*****M0400 FAX: (03) *****200 POI1H: (04) *****00 FAX: (04)279(499 V" JOH10: *****23 FAX: (07J*****21 80 ffL (031) *****751,578 words
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Advertisement772 2004-08-23 20 BSA n. MYANMA Bq five star une (MyaMMr Notional Line) Loadißg for Van job VKSa VOY SIN nu PEN PGU PAGAN 332W SU> HPA-AN 320W SID SID IN MALAYSIA: BOUSTEAD SHIPPING AGiNCIIS KUI: 03-*****300 PKL 03-*****101 PIN: 04-2****** J^asmsm ACCEPTIH6 CONVENTIONAL C6O HKG SW HKG SM PGU PU KIK MARINE772 words
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Page 21 Advertisements
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Advertisement1177 2004-08-23 21 VESSEL VOY SIN I PKI KARACHI DXB BAB I DMM 1 BIK I KHORRAAASHAHR IRAN SHAHRYAR PCL 8042 28/08 29/08 05/09 08/09 09/09 16/09 19/09 22/09 IRAN SATTARI PCI 8043 02/09 03/09 10/09 13/09 14/09 21/09 24/09 27/09 IRAN KORDESTAN PCI 8044 11/09 12/09 19/09 22/09 23/09 30/09 03/10 06/101,177 words
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Advertisement605 2004-08-23 21 i UK CONTINENT SERVICE Loading tor ANTONIS RTM/ATW/BMNAJK/NAN ARIELLA RDM/ATW/BMNAJK/NAN Loads Singapore. E-/W. Malaysta, Indonesia MIDDLE-EAST SERVICE Loading for RAVENNA DBl/ABU/DOH/BRN/DMM/KWT J FRIEND HDD/ADN/JDH/AQA PAN BRIGHT DBl/ABU/DOH/BRN/DMM/KWT "Loads Singapore, EVW Malaysia, Indonesia USA SERVICE Loading for SAMOS DREAM CAM/NOL/NFK/SAV HANDY ROSELAND CAM/NOL/NFK/SAV •Loads E7W. Malaysia, Indonesia F.E./S.E.A. SERVICES S pore605 words
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Advertisement1233 2004-08-23 21 vissa vai m ess— _msa —sm m jd PACIAMPA 12HW 24/0» 24/01 AIAMMTA2 ISI4 »l/ 0» M/0t CSF23OI 0021P 24/0» 25/ Of 4128 2*41 21M PAC tMCA nm 25/01 M/OI JEACJUOMI 22*2 2UDI 2Sifit Of 1301 0022P 2*/0» WW HUUIM «911 21/08 31/— mfik am 2zzm ■■■■TT'IJIjiUJJ PACIANDA 1714N 20/011,233 words
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Page 22 Advertisements
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Advertisement301 2004-08-23 22 i&aaggg 209inawo^2wo^nr^n BPWHSI TIGER WAVE 21 ON 24-25/08 31-02/09 07-08/09 HUiliiilTlGß PEARL 21 IN 28-29/08 03-05/09 11-12/09 ■nrj»«v 212N 01-02/09 07-09/09 14-15/09 1 ■■■■■TIGaSU 213N 05-06/09 11-12/09 18-19/09 1 214N 07-08/09 14-14/09 21-22/09 1 w!Trl7!llawi!llAN 30? 27-78/08 07-04/09 1?-13/09 t ■MMRMXPRKLHOTSE &07 31-01/09 08-10/09 I ■]|iE|j BALSAM 161 03-04/09 10-12/09301 words
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Advertisement623 2004-08-23 22 /J S ponAflwrts lAlS%ta|A**y(S)Pt«lN (CM NO: **********0Z) \ll (J I IN (ti W#1143 knkoA lal lu*lm. 5i*****6 crnterasia JUines u umm/n fox *****433 w.k.Ti.: SERVICE TO HQMQ KQMQ A JAPAN I IHH|HBSpSM |«sm imtost koo| sap no kk m rasa tot m scp hp mlsmz \rto Itm I MOl ETERNITY623 words
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Advertisement563 2004-08-23 22 /T~l I IMCC MAIN: TEL 6221-1333 MX: 6221-5272 /rfo rUL LIIVCO n p fBATOBfOM .p fi OIST««BS«yW:ni:622I-$596F«:*****1»0 i€ SINGAPORE: TOHG XX) SHIPPING PTt LTD CR MO 3 7&i«OOOOC -H WtaMta: WWW^ZIMMHI llttftAH COMTAIIiEiISID SItYKIS TO IWJIYSIA/ WDHlliplf 1 tlMijfillf BpBMAI3 4607 02/09 I 04/09 [GftWlE I 40SI I H/09 M/09|PtM>*l3563 words
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Page 25 Advertisements
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Advertisement22 2004-08-23 25 fa* a, company OtterSt*p> SfapfUttQ Svwice&? (e.g. ship registration, ship classifications radio accounting services...) Watch out in tomorrow's Shipping Times, Front Page22 words
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Page 25 Miscellaneous
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Miscellaneous127 2004-08-23 25 11 j? p* 1 ti" wi rt^'.' 1 JBllii- *hwf- J IjT -Luy Issued by Meteorological Service Division,NEA LEGEND: R Thunderstorm Wind speed symbols Showers O Full circle w/o line indicates calm or light and variable winds p ain One half fleche represents 5 knots Cloudy Day L -One full127 words
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