The Business Times, 8 September 2004
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2004-09-08
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The Business Times
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Title Section20 2004-09-08 1 THE BUSINESS TIMES MITA (P) 023/03/2004 SINGAPORE 85 cents ■m f 1 iSUi mmmm online at http://business-times.asial.com.sg Wednesday, September 8,200420 words
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Article, Illustration105 2004-09-08 1 Tech funds take a beating Technology stocks and funds take the worst pounding among all Singapore-registered funds. But managers are holding mixed views about the sector's outlook. EXECUTIVE MONEY, BACK PAGE Women power Women are proving to be a lucrative market for credit card purveyors. EXECUTIVE MONEY, PG105 words
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Article131 2004-09-08 1 STI 1,***** (+24.04) ST INDEX FUTURES 1,961.00 (+21.00) siMsa ***** (+2.84) SIMSa FUTURES 236.70 (+220) MARKETS Tuesday Change KLSE COMP 842.29 +3.52 NIKKEI 225 11.298.94 +54.57 HANG SENG 13,136.04 +31.70 SET INDEX 631.40 +0.53 JAKARTA COMP 786.69 +1.90 TAIPEI WPI 5,846.83 +70.84 AUSTALLORD 3,595.60 +10.80 BOMBAY INO 5,264.67131 words
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Article31 2004-09-08 1 TOP STORIES ...PG2-3 COMPANIES... PG 4-8 SINGAPORE.. PG 9-10 ECONOMY PG 11 FOREIGN PG 12-17 AVIATION PG 18 EDITORIAL PG 20 SHIPPING ....PG 24-28 MOTORING PG 29 MONEY PG 30-3231 words
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632 2004-09-08 1 CHUANG PECK MING - Food sector working group says move will give companies room to adjust wages in a downturn By CHUANG PECK MING [SINGAPORE] A working group led by international food and beverage giants is pushing for food manufacturers to make up to half of632 words
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Article, Illustration486 2004-09-08 1 EDDIE TOH - Cyber Village deal could grow into a big stakes game By EDDIE TOH in Kuala Lumpur THE families that control Asia's two biggest casino empires have formed their first formal partnership after more than 40 years of rivalry. Younger membersAPPLE DAILY - 486 words
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Advertisement79 2004-09-08 1 EMAIL SCAM BE l ;,i OCBC clients hit by bogiisA 1 email seeking account infOfis COMMENTARY to create an lllfl SGX small-cap index pg 4 CHEAPER AIR TICKETS Thai low-cost carrier Nok Air planning MHUQI Singapore, Malaysia services pg 18 German Engineered. Performance Oriented. Styled to Perfection. .The Opel Vectra79 words
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Advertisement31 2004-09-08 1 8 ii BT ONLINE For the latest financial news, currency movements and a 7-day archive, visit business-times.asial.com.sg. This service is available to subscribers from 4am Singapore time (2000 GMT) each day.31 words
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TOP STORIES
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Article709 2004-09-08 2 EU may seal FTAwith Asean one day THE European Union may eventually forge a free trade pact with Asean, said its trade commissioner, Pascal Lamy yesterday. He indicated, that its priority remains a multilateral approach to trade liberalisation via the World Trade Organisation. TOP NEWS, PG 3 NOL709 words
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383 2004-09-08 2 WONG WEI KONG - Price not disclosed; buyer is ground handler at Dubai Int'l Airport By WONG WEI KONG [SINGAPORE] Temasek Holdings will sell its 78.4 per cent stake in groundhandler and in-flight caterer Changi International Airport Services (CIAS) to Dnata, a member of the Emirates Group.383 words
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Article, Illustration551 2004-09-08 2 GEORGE JOSEPH - Japanese firm to become top general insurer in Asean By GEORGE JOSEPH [SINGAPORE] Japan's Mitsui Sumitomo Insurance Co is shaping up to be a major player in the general insurance industry in the region. The company is to acquire the entire551 words
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Article, Illustration689 2004-09-08 3 ANDREA TAN - US$450m fund to invest in key China cities, S'pore, HK, KL, Seoul By ANDREA TAN [SINGAPORE] Hong Kong tycoon Li Ka-shing's Cheung Kong Holdings has joined forces with Dubai Islamic Bank (DIB) to launch an Islamic real estate fund. The fund ofARTHUR LEE - 689 words
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428 2004-09-08 3 VIKRAM KHANNA - By VIKRAM KHANNA [SINGAPORE] The EU wants to pave the way for an eventual free-trade agreement (FTA) with Asean, the EU's Trade Commissioner, Pascal Lamy, said yesterday. Speaking at a luncheon, Mr Lamy indicated that a bilateral FTA with Singapore was428 words
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Advertisement368 2004-09-08 2 1. Harnessing Power Relationship 2. Developing New Audiences 3. Singapore Events Capital Of Asia W 4 Measurement Are You and Your Sponsors Using The Same Yardstick 5. The Magic Behind Disney Events 6. Strategies for Supertative Sponsor Service 7. Keeping All Coherent With Your Sponsors I 8. Marketing for Event368 words
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Advertisement26 2004-09-08 3 HITACHI Inspire the Next Widest Range Of High-Definition Plasma Solutions. •ALiS'ecri nclcgy :cDcb'*» 5 C C 0 0 C rre r Hrys t i i s26 words
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COMPANY NEWS
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310 2004-09-08 4 CFO Lim How Teck left with just over one lot after sales EVEN as shares of Neptune Orient Lines were mopped up by Paulson Co, the national shipping line's finance chief and his spouse continued to dispose of their stakes. Yesterday, it310 words
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639 2004-09-08 4 JOYCE KOH - Move comes after its bid to get NOL to auction on the open market fails Reports by JOYCE KOH NEPTUNE Orient Lines' substantial shareholder Paulson Co Inc. which last week asked the shipping line to seek buyers other than Temasek Holdings, notified the Singapore Exchange639 words
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Article, Illustration333 2004-09-08 4 KALPANA RASHIWALA - By KALPANA RASHIWALA PROPERTY group Wing Tai Holdings yesterday announced the resignation of its property director Bernard Lee Shi Chat, barely five months after he was appointed. When contacted, the former McDonald's Singapore managing director told BT yesterday that he is leaving Wing Tai333 words
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648 2004-09-08 4 TEH HOOI LING - HOCK LOCK SIEW By TEH HOOI LING IT is high time a new index for small capitalisation stocks be established for the Singapore market. Last week in this column, it was argued that the obsession of the investment community with tracking the performance648 words
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Article, Illustration412 2004-09-08 5 JOYCE KOH - By JOYCE KOH EVEN as United Overseas Bank fends off talk that the bank has been hit by a spate of top-executive resignations, its credit card division is making some key changes. Francis Hsu, senior vicepresident and head of UOB card centre here, has412 words
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Article, Illustration405 2004-09-08 5 JEAN CHUA - By JEAN CHUA INDONESIAN-LINKED food group QAF Ltd is raising up to $44.3 million from a proposed rights issue to increase working capital and pay off bank borrowings. The company plans to issue between 87.95 mil-, lion and 89.37 million new shares at 50FILE PHOTO - 405 words
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370 2004-09-08 5 TAILA KRISHNAKUMAR - Don't access Net accounts via links embedded in email messages: bank By TAILA KRISHNAKUMAR YET another fraudulent email message hit Singapore yesterday, this time soliciting account information on behalf of OCBC Bank. Directed to OCBC customers, yesterday's email messages received by370 words
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398 2004-09-08 6 KENNETH LIM - Its public tranche draws just $5.2m in application monies, the lowest this year By KENNETH LIM THE initial public offering market sunk to a low yesterday as Eucon Holdings' invitation closed with just $5.2 million in application monies for its public398 words
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Article, Illustration515 2004-09-08 6 JOYCE KOH - By JOYCE KOH CARRY a handphone and chances are that the SIM card inside would have been developed by smartcard solutions provider I'M Technologies. The local company, which is pushing its products more aggressively into a burgeoning handphone market, yesterday said itFILE PHOTO - 515 words
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398 2004-09-08 6 TANG WENG FAI - By TANG WENG FAI CHIP tester Stats ChipPac yesterday announced a debt refinancing to take advantage of the still low interest rate environment and better market conditions. The chip testing and packaging house said it will buy back US$l65 million worth of its398 words
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624 2004-09-08 6 KENNETH LIM - It aims to maintain profit margins by cutting expenses By KENNETH LIM CSE Global is expecting the second half of 2004 to improve over the first six months, the industrial systems integrator revealed yesterday at a business update briefing624 words
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Article335 2004-09-08 6 JAPAN Asia Securities renamed Japan Asia Holdings JAPAN Land Limited said its associated company, Japan Asia Securities Group Limited, has changed its name to Japan Asia Holdings Limited (JAH) with effect from July 23, 2004. In addition, JAH also increased its issued share capital from 22.65 million shares335 words
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Article, Illustration367 2004-09-08 7 KENNETH LIM - New business involves upgrading old aircraft and re-selling them By KENNETH LIM A-SONIC Aerospace has moved beyond aircraft electronic systems and retrofitting and into the sale of refurbished aircraft with a $12.2 million three-plane contract. The mainboard-listed company, which is also tryingFILE PHOTO - 367 words
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397 2004-09-08 7 Bloomberg [HONG KONG] Shangri-La Asia Ltd, the largest luxury hotel operator in Asia, said first-half profit rose to a record, exceeding analysts' forecast, as travel demand in China and Hong Kong rebounded after the Sars outbreak was curbed. Profit rose to US$6B.7 million, orBloomberg - 397 words
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269 2004-09-08 7 Reuters DAIWA Institute of Research said yesterday it raised its six-month target price for Singapore Telecommunication to $2.42, from $2.38, based on improved valuations and dividend policy. The revision came after a briefing by Sing Tel executives to analysts last ThursdayReuters - 269 words
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Article, Illustration308 2004-09-08 7 ANDREA TAN - It ties up with Visa to offer one-way fare for one month By ANDREA TAN AFTER its $1 offers, Tiger Airways is now offering a "rock-bottom" fare of $40 to Thailand. The latest entrant to the fiercely competitive budget air travel sceneFILE PHOTO - 308 words
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194 2004-09-08 7 CHARTERED Semiconductor Manufacturing said plans to start large-scale production of 0.13-micron 300 mm wafers at its new Fab 7 Singapore plant are on track with yields exceeding internal targets during initial runs. The new wafers which use tiny 0.13 micron circuit lines on194 words
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Advertisement2083 2004-09-08 4 JURONG POINT REALTY LIMITED (Incorporated in the Republic of Singapore) Registered Office: yln rhppqpnnn Ren 1 Fifth Avenue #02-06/07 Guthrie House Yeo Chee Seong Ben Singapore *****2 Ong Kim Seng Harry M 8 September 2004 To: The holders of the Bonds (as defined below) of Jurong Point Realty Limited Jurong2,083 words
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Advertisement543 2004-09-08 5 Your plans for the future could ensure The United Global UNIFEM Singapore Fund While for a fund you may like to consider one contributes good of women as The United Global Fund") buys into companies committed to empowering women through gender equality policies, and avoids investing in responsible companies are543 words
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Advertisement19 2004-09-08 6 ■I /jf erin B childcare services? I Call our C.A.T.S. hotline at 1800-289-9988. Buy It Stilt Find It d19 words
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Advertisement62 2004-09-08 7 Distinct Features: Unit size from 1019 sq ft Basement Parking Own loading bay warehouse unit Column Free layout with windows j 2 sminswalk to iVlacPherson ONLY 1 GROUND Near PIE, HDB estate, food outlets y FLOOR UNIT LEFT Contact Boustead Mdm Tan 6747 0016 M MrLun *****713 Ifiall| .m I62 words
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SINGAPORE MARKETS
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Article, Illustration745 2004-09-08 8 R SIVANITHY - STOCKS Divergence is puzzling but some attribute it to the 8-9% local growth forecast R SIVANITHY Senior Correspondent ONE of the more interesting observations that's possible about the current environment is the high degree of decouplings that's taking place, both betweenAFP - 745 words
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Article, Illustration504 2004-09-08 8 KENNETH LIM - Compiled by KENNETH LIM Raffles La Salle Sept 7 dose: $0,575 RAFFLES Lasalle has agreed to acquire Kvß Visual Concepts, which owns Kvß Institute of Technology, Australia's largest private creative design and management institute. We are generally positive on the acquisition given the attractive price tag and itsSource: Bloomberg - 504 words
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Article, Illustration436 2004-09-08 8 OTHER SINGAPORE INDICES Sep 7 VALUE CLOSE BT OB/OS 132.00 +19.00 BTCAPI -*****.00 +156.00 BT 10-day MA -*****.00 +13.00 All-SG Equities 510.72 +5.11 SG Equities Elect 158.70 +1.91 SG Equities Fin 1612.46 +20.49 SG Equities Prop 472.92 +5.72 SIMSG 236.48 +2.84 SiMSCI Futures 236.70 +2.20 MOST ACTIVE STOCKS VOLUME Bio-Treat436 words
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Article389 2004-09-08 8 CURRENCIES Reuters [SINGAPORE] Asian currencies rose reluctantly yesterday as the Japanese yen extended its rally from 2V4-week lows, while rising regional stock markets provided some support. A US holiday on Monday kept the market lacklustre early on, and local factors drove trading. The Korean won roseReuters - 389 words
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Article337 2004-09-08 8 KENNETH LIM - Compiled by KENNETH LIM Links Island director raises HG Metal stake LINKS Island deputy managing director Cynthia Tan Kwee Hiang and her husband, former Links Island chairman WinstedtChong, are now among the largest shareholders of HG Metal Manufacturing. This is based on the steel stockist's latest annual337 words
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Article, Illustration328 2004-09-08 8 K AJITH - CHART POINT By K AJITH WE had earlier said that small-cap stocks appeared likely to head up while the Straits Times Index was expected to move in the opposite direction. That view was briefly challenged as the index had testedSource: Bloomberg - 328 words
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SINGAPORE NEWS
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397 2004-09-08 9 TANG WENG FAI - First fall in 2006 as industry faces fresh inventory woes, says research house By TANG WENG FAI THIS year could turn out to be a watershed for chipmakers as the global semiconductor cycle peaks and heads for its first decline in five years397 words
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Article526 2004-09-08 9 RAJU CHELLAM - By RAJU CHELLAM THE world's second-largest contract chip maker, United Microelectronics Corp (UMC), reported August sales of NT$ 11.51 billion (***** million), up a resounding 64 per cent year-on-year to a record high. The Taiwan giant's results come right on the heels of chip supremo526 words
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196 2004-09-08 9 THE Central Provident Fund Board said it would need to address the concerns of "vulnerable groups", according to a Channel News Asia report last night. Speaking at an international conference on ageing, CPF's CEO Willie Tan said the board needed to address these196 words
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Article, Illustration376 2004-09-08 9 VINCE CHONG - By VINCE CHONG MAPLETREE, Sentosa, and other businesses like the Singapore Cruise Centre and cable car company are gearing up for more business by forming a committee to jointly promote the precinct to attract both tourists and local visitors. This was given a fillip yesterday when376 words
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Article, Illustration433 2004-09-08 9 RAJU CHELLAM - By RAJU CHELLAM SOFTWARE giant Microsoft Corp has reshuffled its regional heads in Singapore and promoted noted IT professional Saw Ken Wye as president of its South-east Asia operations, including Singapore. Mr Saw will take up his new position on Oct 15. He was previouslyFILE PHOTOS - 433 words
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Article196 2004-09-08 9 Art for US official in trade pact talks US Trade Representative Robert Zoellick has been given a watercolour painting by the Singapore government for his efforts in helping to negotiate the US-Singapore Free Trade Agreement signed in May last year. In a ceremony held yesterday, Foreign Affairs Minister196 words
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Article363 2004-09-08 10 NANDE KHIN - 2004 recipients so far seen generating business spending of $218m a year By NANDE KHIN THE International Headquarters (IHQ) Awards, managed by the Economic Development Board, will see a bumper crop of recipients this year. Kenneth Tan, director of EDB's services cluster, said yesterday363 words
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Article, Illustration479 2004-09-08 10 CHEN HUIFEN - By CHEN HUIFEN IF you don't already feel it, Singapore is increasingly paying more attention to our gross national happiness although we do not term it that way. "Look at how much we are thinking about leisure," said Institute of Policy Studies (IPS) adjunct senior fellowFILE PHOTO - 479 words
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343 2004-09-08 10 JOYCE KOH - By JOYCE KOH THE Steering Group on Population yesterday said the government has put in place transitional arrangements to ensure that nobody will be worse off under the new baby package. From feedback the group has received since the baby package was announced343 words
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215 2004-09-08 10 THE public has been invited to give their feedback and suggestions to. firm up Action Community for Entrepreneurship's (ACE) plan for its second year. Speaking at the Spirit of Enterprise award ceremony last night, Senior Minister of State for Trade Industry, Dr Vivian215 words
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Advertisement31 2004-09-08 9 I I I I I I I I fl| H v jp BB H 3 ;yS;. t» I 1 k H m I B "Mm "wwmm H ®|,«i H n mp*31 words
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Advertisement200 2004-09-08 10 Top Capacity Business With 552 exhibitors from around the world In 2003, electronlcAsia Is set to be another blockbuster event in 2004. Whether you're after new technologies, Ideas and developments or looking for new business partners, the fair provides the best platform in Asia for buyers everywhere. electronic Asia features200 words
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Advertisement295 2004-09-08 10 Global Business I I Process Outsourcing 2004 I INSIGHTS INTO INDIA I S«ptemb«r 20 30 2004, Grand Hyatt Singapore I Your Most Important BPO Decision I Make Informed BPO decisions based on the latest and most 1 dependable information. Find all these and more at the Global 1 BPO Conference295 words
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ECONOMY WATCH
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Article, Illustration690 2004-09-08 11 Unemployment at 9% discourages spending; recovery reliant on exports Bloomberg [FRANKFURT] Economic growth in the 12 nations sharing the euro slowed in the second quarter as consumers reduced the pace of spending. Growth eased to a quarterly 0.5 per cent from 0.6Bloomberg; Source: Bloomberg - 690 words
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176 2004-09-08 11 Bloomberg THAILAND is targeting economic growth of at least 6 per cent next year, Prime Minister Thaksin Shinawatra has said. But higher interest rates and oil prices led the state planning agency to forecast growth of 5.5-6.5 per cent yesterday. "I'm not worried,"Bloomberg - 176 words
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Article, Illustration383 2004-09-08 11 Bloomberg [KUALA LUMPUR] Sales at Jaya Jusco Stores and other retailers in Malaysia will probably rise 7.5 per cent in 2004, more than twice last year's pace and faster than forecast in July, according to a Malaysian Retailers Association survey. Better-than-expected retail salesBloomberg; AP - 383 words
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Article159 2004-09-08 11 AFP [TOKYO] Japan's index of leading economic indicators stood at 66.7 in July, staying above the boom-or-bust line for an 11th straight month, the government said yesterday. A reading above 50 indicates economic expansion over the next three to six months while a reading below 50AFP - 159 words
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299 2004-09-08 11 Reuters [KUALA LUMPUR] Malaysia's industrial production rose at the slowest pace in 10 months in the year through July, signalling exports will moderate and reinforcing views the economy is close to shifting down a gear. The industrial production index which monitors manufacturing, electricity andReuters - 299 words
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Article, Illustration400 2004-09-08 11 Reuters [LONDON] Oil prices eased further yesterday, as the head of Opec cartel said that markets were wellsupplied with crude and traders continued to take profits from this year's 40 per cent rally. London Brent crude fell 32 cents to U5540.30 aReuters; REUTERS - 400 words
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Advertisement127 2004-09-08 11 f —r W < U«bl_j Ever wonder what the 4P' Generation HEAVY/FINE WIRE BONDER JHyiHHpEni WOULD BE CAPABLE OF? 1 |B| Revolutionary new compact bond head design y |«M I ill Unprecedented computing power to control the powerful linear motors U| Excellent pattern recognition and image processing to ensure highest127 words
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MALAYSIA COMPANIES
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Article2275 2004-09-08 12 VOl FTEC Resources 0,55 -003 2897 Magnum Corp 253 007 3006 R Hub Wrt 24Mar02 011 551 SI S*T Ml *t- fWI Furqar.Bus Org. 0.35 001 344 MahSingGrp- 175 5.01 287 RHu»Wrt24Mar0> 510 trx* 7 Gadang 135 0.01 933 Malakoff 620 unch 10» Ramatast 330 0522,275 words
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Article, Illustration607 2004-09-08 12 Group will become one of the biggest listed plantation companies [KUALA LUMPUR] Kumpulan Guthrie Bhd's rationalisation exercise will result in the group emerging as one of the largest listed plantation companies on Bursa Malaysia Bhd, says a report in the MalaysianREUTERS - 607 words
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347 2004-09-08 12 It aims at having 75% of R&D in M'sia in ten years [KUALA LUMPUR] US-based Komag Inc, a leading independent supplier of thin-film media for disk drives, is set to transfer the bulk of its research and development activities from the US to347 words
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Article313 2004-09-08 12 [KUALA LUMPUR] Tenaga Nasional Bhd, the Malaysian national power operator, is owed some RMBS3 million (*****.9 million) by the country's defaulting companies. These include five steelmakers and a textile company which collectively owe Tenaga RM586.9 million in unpaid power bills. Parliament was told yesterday.313 words
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Page 12 Advertisements
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Advertisement218 2004-09-08 12 Where to wine, dine and entertain... b- A World of Exduslve Privileges Treats MitfSqSl H v wtmH w&Qr Rb iff C' i /;s< ;>. i 1 '< 1 < Till- IU SINl-SSTIMl-S il It Hit i< )< I I, 1,1.1' i, I ;i Sunday a la carte buffet f Sunday218 words
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Advertisement95 2004-09-08 12 IMERITUS MANDARIN SINGAPOREI Culinary Gemstones of Sri Lanka J 1 6 -12 Sept 2004 Luxuriate in traditional Sri Lankan specialities served along with our tantalising local buffet spread. High Tea Buffet 12.00 noon to 4.30 pm Weekdays (Mondays to Fridays) $24.80* (adult) $15.80* (child) Weekends (Saturdays and Sundays) $26.80* (adult)95 words
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MALAYSIA/INDONESIA
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Article, Illustration527 2004-09-08 13 EDDIE TOH - Govt may even impose value added tax to balance budget: analysts By EDDIE TOH in Kuala Lumpur THE Malaysian government is not likely to be generous in Friday's budget and may even impose a broad-based Valued Added Tax to help generate revenue, economistsAFP - 527 words
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Article, Illustration466 2004-09-08 13 Reuters. AFP [PUTRAJAYA] Malaysia's former deputy premier Anwar Ibrahim, freed from jail last week, won an important legal victory yesterday in his fight to clear his criminal record and return to active politics. Malaysia's highest court, which freed Mr Anwar from almost six yearsReuters.; AFP - 466 words
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266 2004-09-08 13 Reuters, AP [JAKARTA] Indonesian oil firm Pertamina has launched an audit of its accounts after discovering US$2l.5 million had been misused, the new management appointed to fix the state-run company said yesterday. "I announce this is a scandal in a Pertamina unit forReuters,; AP - 266 words
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394 2004-09-08 13 [KUALA LUMPUR] Islamic banks in Malaysia must look beyond the local market for opportunities and go international to source new business, the Malaysian Business Times quoted an industry expert as saying. In an interview, Professor Bala Shanmugam, who is Monash University Malaysia's394 words
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Article, Illustration476 2004-09-08 13 Govt imposes fresh 10-km quarantine around area AP. Reuters AFP [KUALA LUMPUR] Two people were under hospital observation in northern Malaysia with flu-like symptoms yesterday as the country fought to contain the second case of deadly bird flu in two weeks.AP.; Reuters; AFP; AP - 476 words
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Page 13 Advertisements
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Advertisement562 2004-09-08 13 IN THE MATTER Of THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF KINSLAND INVESTMENT PTE LTD (In Memberi' Voluntary liquidation) At on Extraordinary General Meeting of the above Company held on 6 September 2004 the following resolutions were duly passed Special resolution 1 That the Company be wound562 words
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Advertisement441 2004-09-08 13 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF WILLIAMS COMMUNICATIONS GROUP PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50 that the Final Meeting of the Members of the441 words
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Advertisement495 2004-09-08 13 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF OCEAN PACIFIC UNION ENTERPRISES PTE. LTD. Company No: *****6531K AND MACCORMICK INTERNATIONAL PTE LTD Company No: *****3575N (PROVISIONAL LIQUIDATORS' APPOINTED) NOTICE OF MEETING Of CREDITORS NOTICE IS HEREBY GIVEN that pursuant to Section 296 of the495 words
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GREATER CHINA
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699 2004-09-08 14 NYT [BEIJING] Jiang Zemin, China's military chief and senior leader, has told Communist Party officials that he plans to resign, prompting an intense and so far inconclusive struggle for control of the armed forces, two people with leadership connections say. MrNYT - 699 words
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265 2004-09-08 14 Bloomberg [BEIJING] China's government gave approval for the national welfare fund to invest as much as 40 per cent of its assets in stocks, including the Hong Kong market, a labour ministry official said. The fund, which has assets ofBloomberg - 265 words
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575 2004-09-08 14 JEFF WAGNER - Regulator to look at share pledges for personal financing By JEFF WAGNER in Hong Kong THE disclosure obligations of substantial shareholders who pledge stock to secure personal financing are coniing under renewed scrutiny in Hong Kong after the shares of a little known575 words
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Article, Illustration630 2004-09-08 14 JEAN CHUA - It has a long way to go and the track is fraught with problems JEAN CHUA Reporter IT is hard not to notice the Chinese contingent at the Olympics. Eighteen-year-old gymnast Nan Zhang flaunted her team's wildly designed bright-yellow-and-red uniform, sportedAFP - 630 words
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234 2004-09-08 14 Reuters [BEIJING] China's cabinet is considering ending tax breaks for foreign-funded firms, the China Daily said yesterday. Beijing is resolved to end the two-decade-old policy used to attract foreign capital as domestic firms face growing competition under the World Trade Organization. But the reformReuters - 234 words
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241 2004-09-08 14 Reuters [SHANGHAI] Nearly the entire staff at China's seventh largest brokerage has openly opposed an acquisition by rival Citic Securities, threatening to derail the first major market-driven acquisition in the struggling sector. It marked the first large-scale employee protest against anReuters - 241 words
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INDIA
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Article, Illustration531 2004-09-08 15 Importers buying more US dollars as crude prices soared 50% this year Bloomberg [MUMBAI] India's rupee faces further declines on speculation importers will need to buy more US dollars to pay for crude oil, which has risen 50 per cent in theBloomberg; Source: Bloomberg - 531 words
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Article, Illustration250 2004-09-08 15 AP [KOCHI, India] India's southern Kerala state has reached a deal with a Malaysian company to build a world-class marina as part of the state's drive to be known as the "Florida of the East", an official said yesterday.AP; FILE PHOTO - 250 words
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228 2004-09-08 15 Bernama [NEW DELHI] Two major companies Gail (India), formerly Gas Authority of India Ltd, and Ushacomm, a software company belonging to the Usha Martin group will set up shop in Singapore to expand their global operations. Gail will set up a subsidiary toBernama - 228 words
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182 2004-09-08 15 Bloomberg [NEW DELHI] India estimates that costs have increased 25 per cent on average, or a total of about US$lO billion, on government projects surveyed by the statistics ministry, mostly because of delays in completion. The 300 projects examined, whichBloomberg - 182 words
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Advertisement273 2004-09-08 15 SUBSCRIBE NOW AND STAY COOL ALL YEAR ROUND. JK i r^-lk i W8^'" JM| Hp. A stylish mini-fridge is yours (while stocks last) if you subscribe to The Business Times. Plus, you'll enjoy 10% off when you sign up for one year. To subscribe, call 6388 3838 or complete and273 words
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Advertisement832 2004-09-08 15 LIAN BENG GROUP LTD (Incorporated in the Republic of Singapore) Notice Of Annual General Meeting NOTICE IS HEREBY GIVEN that the Sixth Annual General Meeting of LIAN BENG GROUP LTD will be held at No. 25, Playfair Road, Level 4, Lian Beng Building, Singapore *****0 on Friday, 24th September 2004832 words
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ASIA-PACIFIC
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554 2004-09-08 16 But objections from politically powerful farmers could block progress Reuters [FUKUOKA, Japan] Japan, keen not to lose ground to China, is stepping up its pursuit of regional and bilateral free trade pacts, but the path to success will be bumpy and some expertsReuters - 554 words
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346 2004-09-08 16 Bloomberg [SEOUL] South Korea's telecommunications industry is poised to consolidate through mergers as local operators combine their services to provide high-speed Internet in mobile phones, KT Corp chief executive Lee Yong Kyung said. The industry is ready for mergersBloomberg - 346 words
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253 2004-09-08 16 One is that retailers must promote Thai handicraft abroad AFP [NONG KHAI, Thailand] Thailand said yesterday that global retailers would only be allowed to set up new hypermarkets in the country if they promote Thai handicraft at their stores worldwide. The government said demonstration farmsAFP - 253 words
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578 2004-09-08 16 AL LABITA - By AL LABITA in Manila TWO Indonesian groups are forming a consortium to rehabilitate, connect and operate three major Philippine tollways in response to the government's call for more private investments in transport infrastructure. Led by the Citra Group578 words
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Article, Illustration84 2004-09-08 16 WATER, WATER, EVERYWHERE [JEJU ISLAND. South Korea] A massive wave hitting a fishing village on Jeju Island on Monday as Typhoon Songda approaches the south-western resort island. A typhoon warning was issued with more than 10,000 vessels taking shelter for safety. Heavy rains of up to 300 millimetres are forecastAP - 84 words
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NOTE BOOK
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130 2004-09-08 16 Bloomberg [BEIJING] China plans to extend an experimental programme of individual retirement accounts nationwide as part of an overhaul of the welfare system aimed at ensuring social stability in the world's fastest-growing major economy. "The government is determined to make social security aBloomberg - 130 words
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105 2004-09-08 16 Bloomberg [BEIJING] ABN Amro Holding NV, the biggest Dutch bank, and Societe Generale SA, France's third-largest lender by assets, won approval from China's securities regulator to buy yuan-denominated shares and bonds for the first time. The approval, disclosed in anBloomberg - 105 words
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154 2004-09-08 16 Bloomberg [BEIJING! China Construction Bank, the nation's third-biggest lender, plans to raise RMBIO billion (Ss2 billion) from a second sale of subordinated bonds, aiming to boost capital ahead of a planned first-time share sale. The bank is selecting a group of underwriters toBloomberg - 154 words
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166 2004-09-08 16 AFP [BANGKOK] Thailand's Prime Minister I Thaksin Shinawatra yesterday rejected I allegations of stock market by two members of his administration, saying the accuser was "not credible". Last Sunday, businessman Akeyuth Anchanbutr accused two unnamed members of the administration of manipulating the stockAFP - 166 words
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108 2004-09-08 16 AFP [JAKARTA] Indonesian vice-presidential candidate Yusuf Kalla has been kicked out of the country's biggest party Golkar for running alongside Golkar rival Susilo Bambang Yudhoyono, the party's chairman said yesterday. Akbar Tanjung said Mr Kalla, a businessman and one-time Golkar executive, no longerAFP - 108 words
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259 2004-09-08 16 AFP [NONG KHAI, Thailand] The Thai cabinet yesterday approved a US$l2.l billion package over six years to expand rail projects to solve Bangkok's notorious traffic woes, Transport Minister Suriya Jungrungreangkit said. Mr Suriya told reporters after a cabinet meeting in north-eastAFP - 259 words
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WORLD
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Article, Illustration586 2004-09-08 17 Better corporate practices allow them to outdo the UK and Canada [NEW YORK] US companies have risen to the top of a global comparison of corporate governance standards, overtaking the UK and Canada for the first time, reports the Financial Times, quoting a recent survey.586 words
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330 2004-09-08 17 Reuters [NEW YORK] The US Securities and Exchange Commission (SEC) is examining whether dozens of corporate insiders used exchange funds in the late 1990s to reduce their stockholdings without full disclosure to investors, the Wall Street Journal said yesterday. The newspaper, which citedReuters - 330 words
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Article, Illustration466 2004-09-08 17 Bloomberg [TOKYO] Sony Corp, producer of the box-office-leading "Spider-Man" series of movies, needs to buy studio Metro-Goldwyn-Mayer Inc (MGM) to expand its film unit, the Japanese company's chief financial officer said. "The deal is necessary for our pictures business to grow inBloomberg; AFP - 466 words
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Article464 2004-09-08 17 NYT. Bloomberg [NEW YORK] When he is sentenced in federal court in Lower Manhattan today, Frank P Quattrone, the investment banker whose deal making helped fuel the technology boom in the *****, will learn the penalty for pressing the "send" button on a one-line e-mailNYT.; Bloomberg - 464 words
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Article231 2004-09-08 17 [WASHINGTON] US President George W Bush leads Democratic challenger John Kerry by 52 per cent to 45 per cent in a CNN/USA Today/Gallup poll of likely voters on Sept 3-5. Mr Bush has 49 per cent support compared with Mr Kerry's 48 per cent among231 words
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WORLD WATCH
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129 2004-09-08 17 Reuters [TOKYO] Japanese policymakers agreed a final outline yesterday for privatisation of the postal system. Economics and Financial Services Minister Heizo Takenaka told a news conference the sprawling system would be split into four separate bodies in April 2007, the start ofReuters - 129 words
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126 2004-09-08 17 Reuters [NEW YORK] Seagate Technology, the top US maker of hard drives used to store data in computers, yesterday forecast quarterly revenue above Wall Street estimates on strong demand for storage for larger business computers. The company, whose shares jumped 11 perReuters - 126 words
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94 2004-09-08 17 Bloomberg [TOKYO] High-speed Internet provider Softbank Corp and advertising firm Dentsu Inc were added to the Nikkei 225 Stock Average, reflecting the growing role of services in the Japanese economy. The two along with Nippon Meat Packers Inc, Japan'sBloomberg - 94 words
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118 2004-09-08 17 Bloomberg [LONDON] Chelsfield pic's chairman Elliott Bernerd has been approached by potential bidders for the London-based property developer three months after he completed a £2 billion (Ss6.l billion) buyout. The indications of interest "are at an early stage and are being investigated", the 59-year-old saidBloomberg - 118 words
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Article, Illustration108 2004-09-08 17 AP [NEW YORK] Former US President Bill Clinton (above) was recovering after a quadruple heart bypass operation to relieve arteries so severely clogged that they posed imminent danger of a major heart attack. His heart disease was extensive, with blockages in some arteries "well overAP - 108 words
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122 2004-09-08 17 Bloomberg [PARIS] Carrefour SA, the world's second-largest retailer, may sell its stores in Mexico and Japan as part of a plan to raise about one billion euros (Ss2.l billion) in the coming year, analysts said. The French retailer last weekBloomberg - 122 words
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158 2004-09-08 17 Bloomberg [LONDON] UK Prime Minister Tony Blair said he will overhaul his Cabinet by the end of the week. He declined to comment when asked about coming job changes. Asked at a monthly press conference whether Chancellor of the Exchequer GordonBloomberg - 158 words
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Page 17 Advertisements
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Advertisement24 2004-09-08 17 I X Lianhe Zaobao B I aims to be I I leader# I I global I Imps I market I I I WBffl I24 words
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AVIATION
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Article, Illustration499 2004-09-08 18 VEN SREENIVASAN - Analysts say Thai airline has to expand markets to maintain growth By VEN SREENIVASAN [SINGAPORE] The skies between Bangkok and Singapore could get more crowded soon as Thai lowcost carrier Nok Air prepares to start services to Singapore. Nok Air's chief executive Patee499 words
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Article127 2004-09-08 18 AP [HELSINKI] Finnair will let its frequent fliers check in for flights in advance using text messages on mobile phones starting in October, the national carrier said. The SMS, or short message service, is open to the airline's Finnair Plus cardholders and will let those passengersAP - 127 words
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Article1674 2004-09-08 18 5!* W" WtW TB UL3I2 1430 EK6173 1530 GA832 2215 VF206 2035 UL312 1530 ***** 2250 CX711 2040 SA7381 1840 LX9770 2300 CX735 1855 SQ168 2115 SOW 1145 M«52 1105 IH9771 1840 ***** 2300 SQ402 2240 6A8S9 2140 5Q197 2225 VQ198 1845 112 SQM1 0530 SK9721,674 words
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Article, Illustration671 2004-09-08 18 They seek govt intervention, but EU says job cut the only way out Reuters [ROME] Unions at Alitalia called a plan to cut a quarter of the workforce "unacceptable" and urged the Italian government yesterday to step in to ease the pain of restructuringReuters - 671 words
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253 2004-09-08 18 Bloomberg [HONG KONG] Hong Kong Airport Authority, which operates Asia's third-busi-est airport by passenger volume, is seeking HK$4 billion (SsB79 million) in loans to boost working capital, said people involved in the transaction. The state-owned airport operator is asking banks to bidBloomberg - 253 words
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200 2004-09-08 18 Reuters [DUBAI] Regional airline Gulf Air said yesterday it was in talks with aircraft makers Boeing and rival Airbus over the possible purchase or lease of up to 15 aircraft in the next six years. "We are in talks with Boeing andReuters - 200 words
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LOG BOOK
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134 2004-09-08 18 AFP [TOULOUSE] Airbus will launch a new aircraft programme by early 2006 once it passes the peak of development spending for the new A3BO supeijumbo passenger jet, chief executive Noel Forgeard said. "The slowest timeframe would be the launch of a market study inAFP - 134 words
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Article172 2004-09-08 18 AFP [HONG KONG] Hong Kong flag carrier Cathay Pacific Airways said yesterday it will launch a third daily service to Sydney as part of an expanded new winter schedule. "A third daily flight to Sydney will put us firmly in the lead. .Our expanded winterAFP - 172 words
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Article131 2004-09-08 18 Reuters [BRUSSELS] No-frills airline Virgin Express reported a 10 per cent increase in second-quarter operating profit yesterday, to 3.2 million euros (556.6 million), on lower operating expenses. Virgin Express controlled by British entrepreneur Richard Branson's Virgin empire said "productive discussions" continued with privately heldReuters - 131 words
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372 2004-09-08 18 Reuters [STOCKHOLM] Ryanair chief executive Michael O'Leary dismissed a union call to boycott the budget airline, saying his employees are better paid and work under better conditions than those at many unionised carriers. Last week, Swedish trade union HTF handed out sick bags toReuters - 372 words
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SHIPPING
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Article, Illustration513 2004-09-08 19 DONALD URQUHART - CSX acquisition could give it a foothold in HK, wider China ops By DONALD URQUHART [SINGAPORE] PSA International is among major terminal operators shortlisted to bid for US-based CSX Corporation's global container terminal network, which includes key facilities in Hong513 words
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370 2004-09-08 19 Bloomberg [LONDON] Pirates with knives and axes held two crew members at knife point on Sunday as they stole cash from a ship that docked in an Indonesian port, the International Maritime Bureau said in its weekly report. Five robbers boarded the dry-cargoBloomberg - 370 words
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PORT SHOTS
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108 2004-09-08 19 Reuters [WELLINGTON] Nearly half of the staff employed by New Zealand's largest port operator, Ports of Auckland Ltd, will start a four-day strike today over a wage claim, the company said. The strike, involving about 250 staff, mostly stevedores at the company's twoReuters - 108 words
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104 2004-09-08 19 AP [JAKARTA] —The Indonesian navy has impounded a Croatian-flagged cargo ship suspected of carrying 9,000 cubic metres of illegally cut timber, a spokesman said yesterday. The patrol boat KRlSutanto intercepted the cargo vessel MVMirna on Sunday in the Arafuru Sea in eastern Indonesia, said LtAP - 104 words
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81 2004-09-08 19 Reuters [COPENHAGEN] Danish shipping and oil group A P Moller-Maersk said on Monday its tanker unit had exited the crude oil carrier pool Tankers International. "There have been no fundamental disagreements with our Tankers International partners," Maersk Tanker's president Soeren Skou said. "But we wantReuters - 81 words
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Article, Illustration46 2004-09-08 19 (KOCHI, Japan] High waves, powered by Typhoon Songda, wash over a cargo ship stranded atKochi beach in Japan yesterday. The typhoon battered Japan and South Korea, cutting power to millions, injuring more than 200 people, grounding nearly 400 flights and closing many harbours. AFPAFP - 46 words
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Article, Illustration415 2004-09-08 19 AFP [HONG KONG] The fight to save Hong Kong's famous harbour from a huge reclamation plan has been revived, five months after being shelved, with an appeal to town planners to scrap the project. Anger greeted the original proposal submitted seven years ago toAFP; REUTERS - 415 words
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362 2004-09-08 19 It may still sell a stake to a strategic investor: source Reuters [FRANKFURT] Germany's TUI has cancelled plans to float shipping and cruise company Hapag-Lloyd on the stock market, a company source said late on Monday. "TUI has abandoned plans for a Hapag-LloydReuters - 362 words
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Article289 2004-09-08 19 sex mrnmrn, m 5all s$ w- »oi CH Offshore 037 0.01 270 ChuanHup .055 unch 815 Coko Investment .0 J4 0.01 6695 CWT Distribution .0.49 unch 0 Ezra Hldgs .0.99 unch 87 Freight Unks 0.10 0.01 161 Grand Banks Yacht 0.80 mch 0 Java Holdings .0.91 0.01 708289 words
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EDITORIAL & OPINION
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Article522 2004-09-08 20 EDITORIAL CONFIDENCE in Singapore's fund management industry has hit a low following the closure of dozens of funds in recent months which has left thousands of investors feeling short-changed. And unless something is done to restore trust in the industry, the government's objective of encouraging Singaporeans522 words
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Article, Illustration1393 2004-09-08 20 CHEN HUIFEN - There are potholes, but they're being filled as the country becomes more business-friendly CHEN HUIFEN Reporter THE most popular analogy used to describe the current state of the Vietnamese economy is that of an aircraft. It's like a plane on a runway waiting to take off, accordingREUTERS - 1,393 words
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Article, Illustration759 2004-09-08 20 FRANK CHING - THE BOTTOM LINE FRANK CHING THE Athens Olympic Games, in which Chinese athletes stunned the world by winning 32 gold medals behind the United States but ahead of Russia has done much to reassure Beijing that it is making steady progress to759 words
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Article, Illustration974 2004-09-08 21 MATTHEW LYNN - With the impending demise of Alitalia, the European airline industry looks likely to revolve around three major carriers MATTHEW LYNN Bloomberg NO industry better illustrates economist Joseph Schumpeter's argument that capitalism is essentially a process of "creative destruction" than Europe's airline business. New budget airlines, withBloomberg; FILE, AFP PHOTOS - 974 words
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Article, Illustration780 2004-09-08 21 PAUL KRUGMAN - PAUL KRUGMAN NYT THE best book I've read about America after 9/11 isn't about either America or 9/11. It's War Is a Force That Gives Us Meaning. an essay on the psychology of war by Chris Hedges, a veteran war correspondent. Better thanNYT; AFP - 780 words
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Page 21 Miscellaneous
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Miscellaneous324 2004-09-08 21 CRYPTIC CROSSWORD across 4 Martine, the dress-designer (7) 6 The currently popular teaching 1 The lines of many travelling shows discernment (9) around (8) 7 Called for some comment. It 5 Nap raised by accident (4-2) led to a fracas! (8) 9 Not a resort inter alia in Turkey 8324 words
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Article9690 2004-09-08 22 STRAITS TIMES INDEX STOCKS Stock Mint Wt Oom Chang* Stodmnw wt Of Change Allgreen 50c 0.32 1.120 +0.010 NOL 2.06 2.810 BIL Intl US20c 0 48 0.995 +0.005 OCBC 10.68 13.700 +0.200 CapitaLand 1.15 1 680 Partway H 25c 0.64 1.330 -0.020 Chart SemiCond 26c 0.82 1.050 +0.0309,690 words
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Article5529 2004-09-08 23 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES ■»local orr kit k»JS %< *yr %r *dy %r S «P* Inden Puny Owrg« Chiny Oxnq» Otanga Ofngt World Index Preliminaiy 791.7 03 1 7 0.4 0.7 0.4 04 EAFE MMn] BM >7 U M 14 Q| |j Europe Pretonmary 992J) OJ 255,529 words
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Page 24 Advertisements
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Advertisement2031 2004-09-08 24 I TO USA/CANADA 1 I EXPORT I I OTHER DESTINATIONS I IVBSE |VOY IKG pTA SRl| LONG BEAQI|DAIIAS| HOUSTON I MOtfHtS I CHICAGO I NEW YORK |l TO AUSTRALIA (AUSTRALIA ASIA EXPRESS) 1 PtO NEDLLOYD KOBE 42E37 OMIT 01/09 I 24/09 30/09 01/10 29/09 29/09 02/10 ygja VOYI ETA SIM2,031 words
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Advertisement832 2004-09-08 24 ItNTHIAStA ROtO SttVIOI 1 vpsa/vor Miwcn hbghtw wg kh m I sw I jw I STKAfTSVBrTURE/10 15 31 07/W 11/W STRAITS VENTURE /11 15 U IVW 22/ M 77/W 30/W 02/10 STRAITS VEKTURE /I? 15 3J Q7/1Q 10/10 12/10 Will AMA/llrKMi HQIO iW Vissa/VOY I RAMMD HBOWT(W) YOU Kg KHH832 words
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Advertisement856 2004-09-08 25 MOiConbinM C a rang* of shippra modes to ensure timely, rafiabb fOTicM cowing major ports in NofiiAmanco, Europe, Japan, Asia, Africa AOcsama. Also mutf btra-A* C«|ms he Fof_Schedules^^l-^Seqrches^^n^Container Tracking, visit on our Home Poge: www.moUln.com jfl TT a Weekly Containerised Service To: I HAMBURG^^SUD South America East Coast West Coast856 words
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Advertisement1074 2004-09-08 25 rasa m SIM U IMgTShTiK ktm pus vssa YOY SIN JCT SU» HKG usw pus HYVUMVOSTOK ICS lt/9 Vfi 23/! 2S/9 27/9 29/9 29/9 BgCJWHI 412S 12/9 15/9 lt/9 21/9 lift lift HT WOMBS J?* M .M. M WU( KEELUNG 413S lf/9 22/9 23/9 2S/9 2/10 ITIO HTWDAImOGC 10>3S|30/^l 2/101,074 words
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Advertisement889 2004-09-08 25 I jl WEEKLY EXPRESS SAILING SCHEDULE Jl ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICP POINTS II VESSEI VOY ISM P.RUNG [COLOMBO kSHEVA COtOMO~ Jl AIffMJAWIPtt MSL _&jg Msg usg Msg l7Sg 11 KOttPBWUA YPWO49 13 Sg 15 Sg HSff 21 $g 14 Sff JMBIBAJiAIIBtM—.fiiaaL _2!LSg_ ~asg asg inofT I889 words
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Advertisement1165 2004-09-08 26 IAUf WALLENIUS WILHELMSEN website: http://www.2wglobal.com VKSa IVOT RAMP IK MAO HOW MIA SAY Ml ONE NYC NEW MOO VMM I AG4OI lTOTaas 5 7SM I 15/09 13/10 TARAGO AF4II 320Tc» IMM 21/09 21/10 28/10 29/10 02/11 01/11 04/11 2S/10 TtXAS AE4I9 ***** M 6.4 M 02/10 24/10 03/11 10/11 11/111,165 words
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Advertisement1475 2004-09-08 26 jsssa m sb m _msa :_jan r*( iamda ma m! 9V* -EKJMI JIM g/g \LM Of 2301 mr OSm n/09 ggi OM M4J U4J PACMNP* HSH 10/0? 10/09 tIUUTiI ISU OflH li/Q9 MCMMP* Ifflffl 114! 12/09 PACIAU Jl« "/<* ncuMDA um iim n/09 CSf 2301 0029P 12/09 H/09 CSf 23011,475 words
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Advertisement498 2004-09-08 26 i BSA MYANMA n FIVE STAR LINE (Myoaaor National Line) Loading for Yang on vessel VOY SIN m PIN PGU PAGAN 332W SU) HPA-AN 320W SIC SU) IN MALAYSIA: IOUSTEAD SHIPPING AGCNCIES KUL 03-*****300 PKL 03-*****101 PEN: 04-*****02 ACCEPTING CONVENTIONAL CBO NRG SM HKG SIN PGU PKI KUC MAMIE VICTOR498 words
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Advertisement1381 2004-09-08 27 YW* /I S pan Apnfc: UU. S%fa| A-Mcy (S) Ft. ltd (CR NO; **********0Z) \ml (If If* HO Cid Wit, >1143 (waboli lank Mint, Sinppxt 04?544 I C'rttC/'flStfl JLrineS M:*****84/77 Fi43fc4433 W»fc»Rt: www.hHifiliMni.fi vtffW vot osk rot sbz mi wn «t m w wot, w» w ■>« w m w1,381 words
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Advertisement1021 2004-09-08 27 I rj~l I IMCC MAM: TIL 6221-1333 FAX: 6221-5272 I ArSy\ rl/L LI 111 CO CUSTOMS SERVICE TEL: 6221-5596 FAX: 6227-0190 I /QfcJ SINGAPORE TONG JOO SUPPING PTE LTD f"* WteMtr www^dhMtxNi [—MA WAS 1 on I 19/W I 21/W IciSWH ***** 00/10 10/10 j WUUAM6 |403S |l»/W H/09 1681,021 words
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Advertisement534 2004-09-08 27 ■PPifll TIGER SKY 216N 15 16/09 21-23/09 28-29/09 ■MUkUfl TIGER SEA 217N 19-20/09 24-26/09 02-03/10 1 H BTIGBWAVE 21M 21-22/09 20-30/09 05-06/10 ■■■fefl TIGER PUtL 219 M 25-26/09 01-03/10 09 10/10 I PmW|IIGE»SKY 220W 2129/09 05-07/10 12-13/101 »Il,'[ffU'Ha»oXosLo 005 M-09/09 lrU/oTTTTS/Mi ■MMfffHTIGER SPIRII 09) 12-13/09 20-22/09 01-02/10 ■UjUlUnnnMi 303 1534 words
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THE BUSINESS TIMES SHIPPING TIMES
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5896 2004-09-08 28 ETA CTA A*m*m V«smI Viral T «N»fcoo» ETA ETA *«J ZlV_ SSST CJ Si-. Mr J2K Sto SIM Detn nLhT jSJ NuES Mb« SM Bmtm Haw Name Numtar Mto sin Dtsfn Nam* Name Mr Ww SIM 0«r« M«»t Nmm mrnmrn mmmm SM tacra Mm5,896 words
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MOTORING
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676 2004-09-08 29 SAMUEL EE - BT Exclusive Car rental industry undergoing shake-up amid poor business and fierce competition By SAMUEL EE IN what could be another sign of a shake-up in the car rental industry, Trac Leasing has gone into receivership barely five years since it entered the market. It676 words
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Article, Illustration649 2004-09-08 29 SAMUEL EE - By SAMUEL EE IS tropicalisation a myth? Do cars sold in Singapore have to be modified to prevent overheating or other climatic problems? This question is often raised whenever the subject turns to parallel imports, which are notREUTERS, FILE PHOTO - 649 words
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Advertisement48 2004-09-08 29 Prime Industrial Land For Sale Alexandra Road 77 60m frontage 2 separate plots 7\(3L SS J!ss 2- .000 sq ft each Centre Showroom Car Me __des A>y Car Vacant possession Showroom Private treaty r-SBio^--/ *43 years lease //■.JSJSSJ v /z -l CBRE Tel. 6224 8181 CB richard ELLIS48 words
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Advertisement389 2004-09-08 29 FORM 69(3) NOTICE OF INTENDED PREFERENTIAL DIVIDENDS Name of Company Chuan Seng Kim Trading Construction Pte Ltd (In Liquidation) Address of Registered Office c/o The Liquidator's Office Last day for receiving Proofs :21 September 2004 Name of Liquidator Mr. Don M Ho, CPA Address c/o DON HO ASSOCIATES Certified Public389 words
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Advertisement366 2004-09-08 29 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF OCEAN PACIFIC UNION ENTERPRISES PTE. LTD. Company No: *****6531K AND MACCORMICK INTERNATIONAL PTE LTD Company No: *****3575N (PROVISIONAL LIQUIDATORS' APPOINTED) Statutory Declarations by directors of Company's inability to continue business by reason of its liabilities Nome366 words
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Advertisement597 2004-09-08 29 Deutsche Bank IZI DEUTSCHE BANK AG, LONDON BRANCH (Incorporated under the laws ol the Federal Republic of Germany) NOTICE TO WARRANTHOLDERS To (1) ALL HOLDERS OF EUROPEAN STYLE CASH SETTLED CALL WARRANTS RELATING TO THE ORDINARY STOCK UNITS OF OVERSEA-CHINESE BANKING CORPORATION LIMITED ISSUED BY DEUTSCHE BANK AG, LONDON BRANCH597 words
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EXECUTIVE MONEY
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Article1186 2004-09-08 30 TAILA KRISHNAKUMAR,JOYCE KOH - In an age where female spending power is greater than ever before, women are proving to be a lucrative market for credit card purveyors, as TAILA KRISHNAKUMAR and JOYCE KOH find out TAILA KRISHNAKUMAR,JOYCE KOH THE power of plastic does strange things to women. They spend more and1,186 words
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Article3320 2004-09-08 30 UNIT TRUSTS FUNDS CndK Astute Aa*« Mgt S pan Itf F«Mity Korea USD MI7> MCSGF USOEuropeanCxoNthIV «!«W Soah Eisl Asa U® 0«}7«»79 J90wG»HoM A(i05 l<B5tr UWCapPwFd San«7SGD *****' iJ I i.': i ii) i: r 11 'O27'108 Fidelity KoreaB USD 7102/ WOO !»d European Grow»i »373» YpoaTrua'" 131/1J62 USS Ar»via3,320 words
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Article, Illustration1089 2004-09-08 31 CHRIS FIRTH - MONEY MATTERS Probability dictates that even with best-case scenarios, trigger funds aren't likely to pay much more than bank savings rates. Is that good enough for you? CHRIS FIRTH INVESTORS are gripped by fear again if the popularity of trigger funds is anything to go by.1,089 words
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Article841 2004-09-08 31 POK SOY YOONG - YOU AND THE TAXMAN The switch to a one-tier taxation system will affect how companies borrow as well as structure their subsidiaries By POK SOY YOONG This is the second of a two-part article on how companies should prepare for the switch to a one-tier taxation system by841 words
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Article, Illustration972 2004-09-08 32 GENEVIEVE CUA - As the unit trust sector continues to suffer serious tech burnout, GENEVIEVE CUA reviews the performance of Singapore funds and finds out what's in store GENEVIEVE CUA Technology stocks and funds have taken the worst beating among all Singaporeregistered funds so far this year with little respiteSource: S&P - 972 words
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Article, Illustration182 2004-09-08 32 'We're in a trendless market. People say the trend is your friend, but there's no trend these days, so we're a pretty lonely lot. The same issues that bothered investors a year ago are still the same issues today oil, interest rates, geopolitics, and more recently, a182 words
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317 2004-09-08 32 GENEVIEVE CUA - Inflation-protected bonds have arrived By GENEVIEVE CUA SCHRODER Investment Management has registered an inflation-linked fixed income product, the Schroder ISF Real Return Bond Fund, where the face value and coupons of the underlying bonds will rise along with inflation. Pimco may also317 words
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Article732 2004-09-08 32 Chua Boon Lee - By Chua Boon Lee A weekly Nghßght of the top find sectors over a 12-month period. Data from Standard Boor's Find Services. Stockmarkets in the Asia Pacific ex-Japan sector registered mixed performances in the last 12 months. The Singapore and Hongkong bourses rallied strongly as their respective economies732 words
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Advertisement16 2004-09-08 30 PIMCO Total Return Bond Fund rated 5-star by Mercer Investment Consulting Aihanz® Dresdner 7 Asset Management16 words
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Advertisement200 2004-09-08 31 HB 2nd ASEAN BUSINESS INVESTMENT SUMMIT 2004 Strengthen Your Competitive Muscle At The 2nd ASEAN Business Investment Summit 2004. The 2nd ASEAN Business Investment Summit 2004, to be held on 27 th 28 th November 2004, is an excellent platform for business networking within the ASEAN business community and beyond.200 words
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Advertisement8 2004-09-08 32 a -j MONEY WATTE R WBrl 'surething' PG3I8 words
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