The Business Times, 13 September 2004
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2004-09-13
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The Business Times
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Title Section16 2004-09-13 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asial .com.sg MITA (P) 023/03/2004 Monday, September 13,200416 words
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Article66 2004-09-13 1 MARKETS lll a -1, nee* Lng€ STI 1967.70 +31.15 KLSECOMP 850.29. +8.39 NIKKEI 225 *****.23 +60.74 HANG SENG *****.99 +55.89 SET INDEX 640.60 +11.52 JAKARTA COMP .....797.78 ......+11.29 MANILA COMP ....1751.60 ....+123.64 TAIPEI TAIEX 5846.19 +85.05 SEOUL COMP 836.34 +15.65 SHENZHEN 8 .219.09 -1.70 AUSTALLORD 3602.50 +18.10 DOW66 words
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Article44 2004-09-13 1 TOP STORIES PG 2 COMPANIES PG 4-5 TOP VIEWS PG 6-7 MARKETS PG 8-9 CAMPUS LIFE PG 10 SINGAPORE PG 11 DINING OUT PG 12 ECONOMY PG 13 FOREIGN PG 14-18 AVIATION PG 19 SHIPPING PG 20-25 STOCKS PG 26-27 BizlT PG 28-3244 words
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587 2004-09-13 1 RONNIE LIM - BT Exclusive By RONNIE LIM [SINGAPORE] Singapore refineries are back with a vengeance and running at almost full capacity way up from half this level or less not too long ago. And healthy margins have fuelled preliminary interest in multi-million dollar greenfield and587 words
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892 2004-09-13 1 SIOW LI SEN - Use of debt collectors and improving economy result in plunge in bankruptcy petitions filed by bank By SIOW LI SEN [SINGAPORE] DBS Bank has shed the unwanted label of being Singapore's top bankruptcy petitioner so successful has the outsourcing of its debt collection been.892 words
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Page 1 Advertisements
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Advertisement132 2004-09-13 1 COMPANIES Hong Leong Finance leads in bankruptcy petitions PG4 Should Singapore JiL^ open up to the casino gaming industry? j£#m VIEWS FROM IME TOP, flPi'* n««7 &ya|i^^^Hpn V' > X, Q-Jtt a. sg"& X j,<, /«!*#%>* vS > j "in K* 41 i 4 Ik jA m b lnr uhl132 words
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Advertisement14 2004-09-13 1 TOP MOUSE S'pore startup's mouse sets new standard, garners millions in advance orders pg2B14 words
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Advertisement18 2004-09-13 1 S PORE ECONOMIC ROUNDTABLE Flexible exchange rate can stretch only so much re 13 llDlll 8 ******1 *****418 words
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TOP STORIES
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715 2004-09-13 2 TANG WENG FAI - Power generation companies' capital returns worsen By TANG WENG FAI [SINGAPORE] Returns on capital in the electricity generation business have been volatile since the liberalisation of the energy market, prompting fears that the planned sale of these assets could be delayed. Data715 words
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Article, Illustration710 2004-09-13 2 ANTHONY ROWLEY - Nikkei likely to fall as some analysts talk of recession By ANTHONY ROWLEY in Tokyo SHOCKED by news last Friday that Japan's economic growth in the second quarter of this year was even weaker than previously poor figures had suggested, financial markets areREUTERS FILE PHOTO - 710 words
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Article572 2004-09-13 2 Hong Leong Finance is top bankruptcy petitioner LISTED Hong Leong Finance has overtaken DBS Bank to file the most number of bankruptcy petitions, although its loan book is less than 10 per cent of South-east Asia's largest bank. DBS, the number one bankruptcy petitioner in 2003 and 2002,572 words
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691 2004-09-13 2 ANDREW MARKS i - WALL STREET INSIGHT They say earnings pre-announcements are likely to dampen investor optimism, reports ANDREW MARKS in New York ANDREW MARKS i OIL prices are sky-high compared to last year, or even last spring, but their swoon over the last three691 words
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Page 2 Advertisements
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Advertisement60 2004-09-13 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: Simonne Toti T: +65 6535 3382 F: +65 6535 3991 E:60 words
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Advertisement133 2004-09-13 3 M jgiii|Hp^SS3k HKp Ak A *n»r~ ■JrW Ivin I m I IrPPp. :m m3^?m j2JB' *«PHh IPS IJH ft jMLflf l I Pfiß J| Ji IBk §tiriß i IJH9 lifts* <hh> *Hk# -J|^^^^^^B'J^H^ HMH I <vHw ■§5 lipy'i'"i Mifl 7 Cii I |W I ™Ki4^k«nr> P^^PlfSM Üb||Kj^^^HP^^^^__B. Iwfa s 0B133 words
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COMPANY NEWS
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Article, Illustration505 2004-09-13 4 SIOW LI SEN - It overtakes DBS and UOB; some cite its huge car loan portfolio as reason By SIOW LI SEN LISTED HONG Leong Finance has overtaken DBS Bank in the number of bankruptcy petitions filed although its loan book is less than 10 per centSource: Sed.com; Graphics: JENNIFER CHUA - 505 words
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Article, Illustration772 2004-09-13 4 ANDREA TAN - Housing co-op helps Singaporeans realise private property dreams By ANDREA TAN ADELINE Sum is bent on performing her "social mission", and the NTUC Choice Homes chief executive says she has to run the business well to achieve it. Choice Homes,FILE PHOTO - 772 words
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574 2004-09-13 4 R SIVANITHY - HOCK LOCK SIEW By R SIVANITHY TEMASEK Holdings' intention to expand into fund management has certainly raised a lot of eyebrows, especially among money managers who have expressed concerns over a possible loss of business. These worries are understandable after all, no-one574 words
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201 2004-09-13 4 Bloomberg [BEIJING] Air Asia Sdn has become the first budget airline to get approval to fly to China, and the Malaysian low-cost carrier is targeting the start of a daily service to China in December. Chief executive Tony Fernandes said Air Asia willBloomberg - 201 words
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Article, Illustration568 2004-09-13 5 TEH HOOI LING - Morgan Stanley cites accounting changes to be adopted next year By TEH HOOI LING SEVERAL accounting changes to be adopted by Singapore banks next year will lead to increased earnings volatility, and a significant change in the banks' business behaviour, said Morgan Stanley. TheFILE PHOTO - 568 words
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Page 4 Advertisements
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Advertisement66 2004-09-13 4 Two innovative executive MBA programs designed to fit your life and career: The Duke MBA Cross Continent IBUM The Ouke MBA Global Executive IBUUISa Recognized worldwide: Ranked No. 3 Financial Times, No. 4 Business Week and No. 4 U.S.News World Report i&fiteiva faculty ranked No. 4 by Business Week, teach66 words
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Page 5 Advertisements
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Advertisement173 2004-09-13 5 adv I I Ms?HisE'sr *-,1 *JF*» If V l9^^nM^H^HßM^E3 pHBHHI m i BETEIPIW^M- I rWP m^r«ssk ti <&>"•-fi, .^^jaiMiflHß^E* l l; I <#f w——. T T T jste mm ■fet 3 Ia a 4 -T3 I I ri J TRUE-TO-LIFE PICTURES BROUGHT TO YOU BY WEGA ENGINE. HBB Feast your173 words
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VIEWS FROM THE TOP
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Article, Illustration3481 2004-09-13 6 THIS WEEK'S TOPIC Should Singapore open up to the casino gaming industry? If no, why not? If yes, should there be restrictions on entry? THE casino issue once again came under the spotlight when Prime Minister Lee Hsien Loong said in his National Day Rally speech that the3,481 words
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Page 6 Advertisements
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Advertisement75 2004-09-13 6 BT CEOs e-Club Members of the BT CEOs e-Club are Singapore's top corporate leaders whom BT editors would like to interact with in an atmosphere of informality and trust. This 'dub' is a virtual one, with interaction mainly via e-mail. For a start we will use this forum to invite75 words
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Page 7 Advertisements
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Advertisement20 2004-09-13 7 HAVEYOUR SAY What do you think of the opinions expressed in these pages? Share your views by writing to btletter@sph.com.sg20 words
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SINGAPORE MARKETS
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Article, Illustration737 2004-09-13 8 R SIVANITHY - The trend is your friend until it bends STOCKS The current environment offers exciting prospects, but it pays to be nimble R SIVANITHY Senior Correspondent EVERY once in a while, a tradeable opportunity lasting more than the usual handful of days presents itself in the local stock market. The pastAFP - 737 words
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349 2004-09-13 8 CURRENCIES AFP AN unexpected downward revision of Japan's GDP growth pushed the yen lower against the US dollar last week while the Australian dollar dropped against the greenback following an attack on the country's embassy in Jakarta and weak economic figures. Japanese yen: TheAFP - 349 words
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Article73 2004-09-13 8 Events investors can watch out for Green World's bonus issue, ex-date, Sept 17 HL Finance's dividend payment, Sept 14 Sunningdale's dividend payment, Sept 14 OUE's dividend payment. Sept 15 SBS Transit's dividend payment. Sept 15 Seksun's dividend payment. Sept 15 Unisteel's dividend payment. Sept 15 Vicom's dividend payment.73 words
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Article66 2004-09-13 8 Legend: (TE) Tax Exempt (N) Net Of Tax (TA) Tax Not Applicable; (F) Final; (I)Interim; (S) Special; (b) First and Final(o)Second and Final;(n)First Interim(j) Interim with scrip Div Option(q)Special Interim(r)Final with Scrip Div Option;(v)Special Tax Exempt (One Tier),(w)Interim Tax Exempt (One Tier),(x)Final Tax Exempt (One Tier),(y)First and Final66 words
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Article, Illustration437 2004-09-13 8 Compiled by Thomson Financial l/B/E/S OTHER SINGAPORE INDICES Sep 10 VALUE CLOSE BT OB/OS 164.00 +158.00 BT CADI -*****.00 +102.00 BT 10-day MA -*****.00 +17.00 AH-SG Equities 512.23 +1.89 SG Equities Elect 160.02 +2.25 SG Equities Fin 1615.20 +0.26 SG Equities Prop 475.19 +7.03 SIMSCI 236.87 +0.58 SiMSCI437 words
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Article, Illustration1018 2004-09-13 9 TEH HOOI LING - TEH HOOI LING Correspondent ALL our portfolios gained last week and with the exception of one, the rest also outdid the Straits Times Index. The analysts' upgrades portfolio staged a strong recovery, rising by 3 per cent This compared with the STl's advance of 1.61,018 words
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Article, Illustration1386 2004-09-13 9 ROBERT HALILI - INSIDE MARKETS These transactions are resumptions of earlier patterns and investors should take note of them, says ROBERT HALILI ROBERT HALILI Analysts that track corpo-rate-related trades often take note when shareholders or companies resume the same pattern of trading following several months or years ofSource: Asia Insider - 1,386 words
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BT-CITIBANK YOUNG INVESTORS' FORUM
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Article, Illustration712 2004-09-13 10 DANIEL BUEANAS - LAST week we featured the steps to take in starting your own trading account However, before you take the leap into the world of investing, it's good to know some of the terms and jargon you're likely to hear from time to time. Remember Step 3Graphics: BEN CRUZ - 712 words
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Article, Illustration605 2004-09-13 10 UMA SHANKARI - CAMPUS LIFE By UMA SHANKARI WHEN thinking of California, what immediately spring to mind are images of endless parties and tanned surfer dudes. Stereotypical, perhaps, but it proved true for business student Tan Ngee Wei of Nanyang Technological University (NTU), who recently spent aCHRIS LOH - 605 words
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Article, Illustration216 2004-09-13 10 Warren Buffett - Warren Buffett FANCY becoming the next Warren Buffett or George Soros? Or even the famous Robert Kiyosaki? Then read on. The Young Investors' Forum, part of the BT-Citibank Tertiary Outreach Programme, isn't another dry page out of your financial textbook. To complement our editorial content,216 words
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Page 10 Advertisements
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Advertisement46 2004-09-13 10 citibank The Business Times-Citibank Young Investors' Forum is published every Monday in The Business Times. It aims to raise the financial awareness of university and polytechnic students and cultivate a better understanding of business issues. The series is part of BT and Citibank's tertiary outreach programme.46 words
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SINGAPORE NEWS
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Article, Illustration781 2004-09-13 11 KALPANA RASHIWALA - Stiffer competition drives it to renovate flagship Bugis store By KALPANA RASHIWALA SEIYU Singapore looks headed for its best showing ever on the back of Singapore's economic recovery, its managing director Katsuharu Inamoto told BT in a recent interview. The retailer, which began operating hereCompiled by BT - 781 words
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200 2004-09-13 11 LEADING corporate leaders and academics will converge here next month for a one-day discussion on the challenges for directors in a global economy during the 2004 NUS-SID conference. With new trade minister Lim Hng Kiang as guest-of-honour, the Oct 18 conference will seek to address200 words
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Article, Illustration524 2004-09-13 11 CHEN HUIFEN - He has started an education business, reports CHEN HUIFEN CHEN HUIFEN IMAGINE you are 45 years old. You have just ended a 20-year career with a major bank, where you've enjoyed the perks of the high life and foreign postings. New job offers are flowing524 words
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Page 11 Advertisements
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Advertisement167 2004-09-13 11 lifl <PB ji IF hi jFmSM* j j.J J Hi RJBUU Ml iimC \I i^eE l f m -IB Eiv fIkAW I MM| \}M mM mmj >\ w w «mf- I H Jfjfag? I, j I Jt *fl K -iii ■bjflv i > iLIIm With Philips' MASTER Collection, you can167 words
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DINING OUT
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Article, Illustration684 2004-09-13 12 JAIME EE - It looks like there are more good things to come from chef Hubrechsen, says JAIME EE JAIME EE FOR a long time, vegetables just never really could get people excited, especially if they went to a fine dining restaurant. At the three Michel-in-starred L'Aperge684 words
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422 2004-09-13 12 CHEAH UI-HOON - By CHEAH UI-HOON DINING at Shangri-La Hotel's Shang Palace can be a "courtly" experience with its tradition of fine food and elegant surroundings as defined by the classical Oriental art decor. Chef Cheng Hon Chau, the restaurant's new Chinese executive chef with ,over 30422 words
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Article336 2004-09-13 12 DATE/ TIME EVENT VENUE 13-14 Sept Trade Policy Roundtable Institute of Southeast on Global Trade Policy De- Asian Studies, Seminar velopment: The WTO, FTAs Room I 11. And Implications For Asean and workshop on Revisiting Trade Policies In South-east Asia 13 Sept Bayer Young Environmen- Raffles Hotel, Casuari--10.50am336 words
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Page 12 Advertisements
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Advertisement141 2004-09-13 12 Where to wine, dine and entertain... b- hShM|| A World rffadßshre Privileges Treats J BBBBBi buemaiantf Ctarf* J-fave aCCyour Thai favourites in our set menujrromo. (Enjoy a starter, a choice of 2 main dishes and dessert. All for only $18++ RAFFLES MARINA 10 Tuis West Drive *****04 Tel: 6861 8000141 words
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Advertisement127 2004-09-13 12 TVeat yourself to our bock by popular demand Asian Buffet and Indulge in some all-time favourite delicacies Lakaa, Mee Rebus, Spicy Tom Yam Soup, Blue Crab In Yellow Curry, Bralaed Pork Leg and our ever ocnsnptlous noarted Meat at only 516.80t > i Colsmen% Asian Lunch Buffet com— wtth free127 words
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Advertisement126 2004-09-13 12 your car? Call our C.A.T.S. hotline ca.t.s. at 1800-289-9988. Buy It. Sell It Find It. O 1 MERITUS MANDARIN SINGAPORE Festival Mexicano 10-15 sept 2004 Presented by 'Achai', an amazing 26-member music and dance troupe as well as Guest Chef Gabriela Jones. The Neptune Showtime 12.45pm to 1.15pm Tapas Set126 words
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ECONOMY WATCH
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Article, Illustration1354 2004-09-13 13 SINGAPORE ECONOMIC ROUNDTABLE That can stretch only so much. There are various structural issues in play that affect volatile economic growth. ANNA TEO reports SINGAPORE'S economic growth is volatility writ large, one might say. The same factors that underpinned an unprecedented economic upswing here in1,354 words
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Article759 2004-09-13 13 ANNA TEO - By ANNA TEO EVEN as the unemployment rate hovers above 4 per cent, there are more than enough jobs for every Singaporean, says the Ministry of Manpower (MOM). The issue, of course, is one of a skills mismatch. In five years' time, in fact, the759 words
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Page 13 Advertisements
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Advertisement17 2004-09-13 13 ll¥ml m Lianhe Zaobao S I pours I $2.5 billion into overseas I investment I B&25£*T7C I17 words
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MALAYSIA COMPANIES
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Article, Illustration853 2004-09-13 14 Its unit TMI will be aggressive after successful operations in Sri Lanka, Bangladesh [KUALA LUMPUR] Telekom Malaysia, which already has invested over US$Bl9 million abroad, plans to make overseas investments a significant feature in its overall strategy, according to a Malaysian media report.THE STAR - 853 words
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605 2004-09-13 14 But Techventure persists with a separate cash offer [KUALA LUMPUR] Tenaga Nasional Bhd (TNB) has decided not to pursue the sale of its 70 per cent stake in the mining company, TNB Coal International (Mauritius), to Techventure Bhd for cash, The605 words
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291 2004-09-13 14 Reuters [KUALA LUMPUR] Four international groups, including BHP Billiton, are vying to build a US$2 billion aluminium smelter in Malaysia's eastern Sarawak region, a business weekly reported. Besides BHP, others that have expressed an interest in the venture include Masco Aluminium Smelter andReuters - 291 words
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Article8 2004-09-13 14 Compiled by Thomson Financial l/B/E/S8 words
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MALAYSIA/INDONESIA
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Article, Illustration642 2004-09-13 15 EDDIE TOH - MALAYSIAN INSIGHT But M'sia must assure them it won't resort to punitive capital controls again EDDIE TOH KL Correspondent THE Malaysian stock market is not going to jump for joy over the Budget that was tabled for the first time by Prime Minister642 words
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Article, Illustration427 2004-09-13 15 [KUALA LUMPUR] Prime Minister Abdullah Ahmad Badawi yesterday ruled out bringing former deputy leader Anwar Ibrahim back into the country's ruling party, a subject of intense speculation since Mr Anwar was recently freed from six years in prison by a court ruling.427 words
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Article, Illustration535 2004-09-13 15 EDDIE TOH - By EDDIE TOH in Kuala Lumpur SOH Chee Wen was one of the first and few businessmen to show up at the residence of former number two man Anwar Ibrahim following his unexpected release from jail on Sept 2. "I have always regardedGUANG MING DAILY - 535 words
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389 2004-09-13 15 Bernama [KUALA LUMPUR] The Malaysian government is committed to reducing overall subsidies, including those for petrol gradually, a move which will cut the country's financial burden and channel funds for development purposes. Announcing this, the Ministry of Finance's secre-tary-general Izuddin Dali said: "ConsumersBernama - 389 words
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Article, Illustration778 2004-09-13 15 SHOEB KAGDA - By SHOEB KAGDA in Jakarta LAST week's terrorist attacks in central Jakarta could have severe ramifications for the country's economy and could impact President Megawati Sukarnoputri's chances for re-elec-tion in the coming presidential elections, said her running mate Hashim Muzadi. Speaking to BTFILE PHOTO - 778 words
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Page 15 Miscellaneous
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Miscellaneous177 2004-09-13 15 CRYPTIC CROSSWORD DOWN 14 Always left during game if YESTERDAY'S SOLUTION pessimistic (9) 1 Aviation ace has smug group 16 Scottish port imbibed by head 9 Orholding up trial (4,5) churchman (3 6) 9 a st 10 Averse 11 Enter ke V' 12 2 Fish-eaters are fools (5) 17 The177 words
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GREATER CHINA
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Article, Illustration524 2004-09-13 16 They say lending controls will weed out weak players, lead to transparency Reuters [BANGKOK] Foreign investors sense it could soon be time to enter China's property market as government moves to cool the construction industry force local developers out of business andReuters; REUTERS - 524 words
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327 2004-09-13 16 Reuters [HONG KONG] China has decided to relax controls on mainland investment in Hong Kong, the latest in a series of measures by Beijing to help beef up Hong Kong's economic recovery, the official China Daily said on Saturday. Mainland enterprises wouldReuters - 327 words
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398 2004-09-13 16 Expansion by state companies yet to be reined in: minister Bloomberg [BEIJING] China's government will step up its lending curbs and investment restrictions because industrial expansion by state companies has yet to be reined in sufficiently, Vice-Premier Zeng Peiyan said. "WeBloomberg - 398 words
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315 2004-09-13 16 [BEIJING] The World Health Organization has said it is more worried about bird flu than Sars, warning a pandemic is likely to occur unless effective measures are taken, Chinese state media said yesterday. "Compared with Sars, I am a lot more concerned315 words
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Page 16 Advertisements
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Advertisement310 2004-09-13 16 I Global Business I f Process Outsourcing 2004 I V. J INSIGHTS INTO INDIA I M September 29 30 2004, Grand Hyatt Singapore B Your Most Important BPO Decision I Make informed BPO decisions based on the latest and most K dependable information. Find all these and more at the310 words
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Advertisement98 2004-09-13 16 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 more98 words
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INDIA
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Article, Illustration445 2004-09-13 17 Review of five-year plan trims growth forecast for this year to 6-6.5% Reuters [NEW DELHI] The Indian economy, Asia's fourth-largest, is expected to expand by 6.0-6.5 per cent in the current fiscal year ending March 31 but farm sector growth is unlikely to exceed 1.5Reuters; REUTERS - 445 words
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282 2004-09-13 17 AP [NEW DELHI] India's central bank on Saturday ordered the country's commercial lenders to hold larger cash reserves in an effort to control inflation, which is at a 3 Vfe -year high of 8.33 per cent. The Reserve Bank ofAP - 282 words
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Page 17 Advertisements
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Advertisement983 2004-09-13 17 Notices In The Matter Of The Companies Act, Cap. 50 And In The Matter Of BROOKE BOND SINGAPORE (PTE) LTD NOTICE OF CREDITORS' MEETING PURSUANT TC SECTION 296 OF THE COMPANIES ACT, CAP. 50 NOTICE IS HEREBY GIVEN that pursuant to Section 296 of the Companies Act, Cap. 50, a983 words
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Advertisement1399 2004-09-13 17 TEE INTERNATIONAL LIMITED (Incorporated in the Republic of Singapore) NOTICE OF FOURTH ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Fourth Annual General Meeting of the Company will be held at Hotel Phoenix Singapore, Orchid Room, Basement Level, 277, Orchard Road, Singapore *****8 on 28 September 2004 at 2.301,399 words
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ASIA-PACIFIC/WORLD
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727 2004-09-13 18 Analysts do not expect its bad loans to trigger another financial crisis AFP [BANGKOK] Thailand's banking sector is on track for further growth despite allegations of mismanagement, the availability of easy money and a bad loan crisis at the kingdom's second biggestAFP - 727 words
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435 2004-09-13 18 Bloomberg, Reuters [SEOUL] US investors, including Donald Trump Jr, plan to invest US$3 billion to develop Yeongjong Island in Incheon, as part of a South Korean government project to create a Northeast Asian logistics hub. Investors will sign preliminary deals toBloomberg,; Reuters - 435 words
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Article232 2004-09-13 18 Reuters [LONDON] British advertising company WPP yesterday said it won an auction for US rival Grey Global, with what sources familiar with the matter said was a cash-and-stock deal worth about £750 million (552.3 billion). WPP, the world's second largest advertising company,Reuters - 232 words
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431 2004-09-13 18 Bloomberg, Reuters [NEW YORK] The president of the world's largest energy futures market has disputed claims that hedgefund buying is behind the run-away oil prices. Hedge funds made up less than 3 per cent of total crude-oil futures traded at the NewBloomberg,; Reuters - 431 words
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362 2004-09-13 18 It disputes regulator's plan to register hedge funds [NEW YORK] In the second challenge in a week to the legal authority of the Securities and Exchange Commission, a leading law firm is disputing the regulator's power to enact its controversial plan to require registration of362 words
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Article, Illustration72 2004-09-13 18 A giant kite called a spin sock floating above surfers at Bondi Beach in Sydney yesterday. The spin sock was one of a number of kites featured in the 26th Festival of the Winds, billed as Australia's largest competitive kite-flying festival. The event attractsAFP - 72 words
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603 2004-09-13 18 [LONDON] Britain is set to become an around-the-clock society with the number of people contributing to its nighttime economy expected to double in the next 15 years, says the Sunday Observer, citing an upcoming study. The paper said a survey report603 words
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AVIATION
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Article, Illustration599 2004-09-13 19 Aussie airline will work with local regional partners to extend its influence Reuters [SYDNEY] Qantas Airways will explore opportunities in Asia, including India and China, after British Airways sold off its stake in the Australian carrier, freeing it to expand in the region,Reuters; AFP PHOTOS - 599 words
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481 2004-09-13 19 Scandinavian airline worried about unstable oil markets Reuters [STOCKHOLM] Airline SAS, concerned over instability in world oil markets, has hedged half of its anticipated fuel consumption in the fourth quarter, up from 33 per cent, it said. Jet fuel is the second-biggestReuters - 481 words
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Article390 2004-09-13 19 AIRLINE CODES: AA: American Airlines (AAL), AF Air France (AFR), AI: Air India (AK), AY Finnair Oy (FIN), AZ: Alitalia Airlines (AZA),BA: British Airways Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), BI: Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR EVA390 words
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Article, Illustration424 2004-09-13 19 Bloomberg [FRANKFURT] Deutsche Lufthansa, Europe's thirdbiggest airline, said the purchase of a stake in Air China is not likely because the carriers already work well together. "Our collaboration with Air China has developed excellently and is very successful," said Christine Ritz, aBloomberg; AFP - 424 words
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145 2004-09-13 19 Bloomberg [WASHINGTON] Companies including FedEx Corp, the second-biggest US package carrier, and charter provider World Airways Inc won military flight contracts that may be worth as much as US$2 billion, the US Defense Department said. The agency said in a statementBloomberg - 145 words
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LOGBOOK
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70 2004-09-13 19 AP [SHANGHAI] China Southern, the country's largest air carrier, will lease 23 Airbus A 320 passenger jets to replace its aging fleet of McDonnell Douglas planes, the airline announced. The planes, four of which have been delivered already, will be operated by theAP - 70 words
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Article60 2004-09-13 19 Bloomberg [LONDON] BAA pic, the world's largest airport operator, reported its busiest-ever August as passenger traffic rose 3.7 per cent, helped by growth in long-distance and European scheduled flights. The company's seven UK airports, including Europe's busiest at Heathrow, handled 14.2 million passengers last month,Bloomberg - 60 words
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Article67 2004-09-13 19 Bloomberg [LONDONJ British Airways, Europe's second largest airline, will increase its capacity by 2 per cent this winter and add services to Switzerland, Greece, Croatia and Lithuania. British Airways will also increase the number of flights it operates to longhaul destinations and suspend services fromBloomberg - 67 words
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SHIPPING
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Article, Illustration648 2004-09-13 20 Republic already the Asian base for int'l shipping, trading firms Reports by GEORGE JOSEPH [SINGAPORE] Singapore made a strong case to the international marine insurance community yesterday to use the Republic as the launch pad for marine insurers intoFILE PHOTO - 648 words
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Article, Illustration639 2004-09-13 20 Region's shipowners shouldn't rely on Europe: insurer [SINGAPORE] More local companies and businessmen should be attracted into investing in the marine hull insurance market here if this insurance sector is to develop and support Singapore as an international maritime centre. Local broker and639 words
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214 2004-09-13 20 [SINGAPORE] The Federation of Asean Shippers' Council (FASC) opens its 27th Annual General Meeting (AGM) in Singapore today, marking the first time it has included shippers from Europe, Japan and the US in its discussions. The meeting, hosted by FASC's current chair, the Singapore214 words
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234 2004-09-13 20 AL LABITA - By AL LABITA in Manila A FILIPINO-OWNED international port operator is beefing up the cargo-mov-ing equipment of its subsidiaries in Brazil and Poland to cash in on the rising volume in the European ports. Up for upgrading are the Tecon Suape SA (TSSA), the234 words
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Article97 2004-09-13 20 Xinhua [FUZHOU] Two ships capsized separately in east China's Fujian Province, leaving at least five people missing over the weekend, according to local sources yesterday. At about 8.10 am on Friday, a freight ship carrying sand capsized off Fuzhou in strong gales. Seven crew members wereXinhua - 97 words
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Article, Illustration639 2004-09-13 20 DAVID HUGHES - DOCKYARD By DAVID HUGHES THE chemical tanker trades are likely to experience continuing healthy growth rates, according to a new study. This specialist branch of the tanker shipping industry, which transports a wide range of cargoes, from methanol to tallow, has experienced sustained growthFILE PHOTO - 639 words
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Article280 2004-09-13 20 SGX '000 frpio St *1- Vol CH Offshore .0.38 001 83S ChuanHup —0.S7 0.01 2298 Cosco Investment .0.86 0 02 8469 CWT Distribution .0.49 unch 0 Ezra Hkjgs .0.97 -0.02 60 Freight Links 0.10 0.01 118 Grand Banks Yacht .0.80 unch 0 Jaya Holdings .0.91 -0.01 S119 Kf280 words
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THE BUSINESS TIMES SHIPPING TIMES
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Advertisement2181 2004-09-13 22 I TO USA/CANADA I I EXPOfIT I I OTHER DESTINATIONS I |VBSa |VOY PKG ETA S«| LONG BIAOIj DALLAS HOUSTON |MEMPHK CHICAGO |NfW YORK ]j TO AUSTRALIA (AUSTRALIA ASIA EXPRESS) LOS ANGELES EXPRESS 08E38 14/09 15/09 I 01/10 07/10 08/10 04/10 04/10 09/10 yjjjg ygy "STsml" PRC Ht ug™ ""AW2,181 words
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Advertisement847 2004-09-13 22 ~l vtssa/vor iawwcd hbchtw m kch to si m STRAITS VENTURE /I 0 15 3.2 07/09 11/W STRAITS VEKTURE /I) I IS JJ 19/09 22/09 29/09 01/10 03/10 Isiraits venture/12 is u I 07/10 iq/iq 12/10 I- I wwi AMA/WNOAI RQRU f*». VISSa/VOT RAMPfICT) HEIGHTS) TOR KE KHH MWL SIN847 words
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Advertisement937 2004-09-13 23 a y?!?y p®*®* norm Mnwnca, turopo, japan, asm, wnco m uwowo. All* «npt btrrArii <m§m te HttAH/ItWftHCYIWg/fHWWW/ Wiß| M»' ftMMffl/MMBftft WllfflM WWII TMIHTH KAOHSJUWC IAM6KOK IAOI CHAUMG HOOIOBW PAS« 6l»AliG PPIAJIC POtT KHAII6 For Schedules, BL Searches, and Container Tracking, visit on our Home Page: www.molsin.com.«g www.hamburQsud.com ASAf StUYKI (IXfOtT)937 words
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Advertisement1138 2004-09-13 23 »ESsa w _mi_ jn hkg ichh iwc mm rus vessel voy sin jct sub hkg usk pus HY VLADIVOSTOK M7S 14/9 11/9 23/9 25/9 27/» 29/9 29/9 KMTC JAKAUTA 417S 13/9 14/9 17/9 ?2/» ?6/9 27/» HYHOGtESS QMS 23/1 25/1 30/9 2/10 4/10 4/10 4/10 KMTC KEELUMG 413S 19/9 22/91,138 words
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Advertisement183 2004-09-13 23 U1 B1U G«martran# (S) Pte Ltd GEMARTRANS operator cooe'or cr *>. imttmoooor PORBOOKMQ&TEL FAX: SMQAPORE *****082/ *****602 *****001/ *****110 KUAU LUMPUR (03)*****880 (03)*****102 3 BAIUWQB WEEK TO HCM "PSa VOY 55 I HCM MWJJ UN 13/09 16/09 rJi™ t» 0101 13/09 H/09 GOUttTtADf 407* 14/09 17/04 MM* OME 19/09 23/09183 words
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Advertisement931 2004-09-13 23 WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICQ POINTS yissa vot sm mianc cotoww n sheva coummq AUSTIAU*IKIDGt QO7fW 06SEf MSg 11Sg 14Sg 17» KOI* PttWIU YPWQ49 13 Stf 15 SEP llSff 21 SEP 24 SET MUI mSL 2«f _2LSg nsg moo UW6AHPHI OOttW 27SEP WSff931 words
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Advertisement1153 2004-09-13 24 IAIAf WALLENIUS WILHELMSEN website: http://www.2wglobal.com VESSEL ll( MAO HOW Ml* SAY I*l Otf NTt NEW MOi VMM AG4OI 1201 MS S.7SM I 16/09 13/10 TAR AGO AMII 3201 MS 6.4 M I 21/09 21/10 21/10 29/10 02/11 01/11 04/11 2S/10 TBUS AHI9 4201 MS 6.4 M 02/10 24/10 03/11 10/111,153 words
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Advertisement1250 2004-09-13 24 .ffisa wt m efiu vn» m m jc SfWl 0030f liZfiS UZJL. HHLMM 1211 11/ M 14/09 JAilAfflA 12M 14/22 u/w nam IU2 IAZM 11/02— PACIAWOA IW7N 15/?? lt/0f f4C MHTAH 22U 11/0! IAM CSf 2301 0031P i*/09 17/09 If 14 13/09 _11/09 jasjabca mat urn 17/09 PKMMPA imN 11/091,250 words
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Advertisement176 2004-09-13 24 VHML mil KBiDM FORTUNE I 26/04 IS/09 17/09 IBJTIMG/PUJAIAM MUAYAI 17/04 14/09 16/09 JAMM/PBANMRU PERTAMA 15/04 16/09 11/09 PAWNIANG/PANJANG SINOPA 13/04 16/09 11/09 KIAWAM/IMOKMAWE PUUUWEH 01/04 16/09 11/09 SAIANG/MAIAHAYATI HATHA* 17/04 H/09 24/09 KNGRUUJ/PADANG ManTmSiM^ FAJAR MAS 15/04 15/09 17/09 JAKARTA/OGAMNG PARADISE 12/04 16/09 11/09 SURAIAYA/KNOA PRIMA SACT 04/04 17/09176 words
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Advertisement521 2004-09-13 24 BSA a MYANMA HQ FIVE STAR UNI (Mmum* Notional Um) Loading for Ymgoa vessel vor sih pkl pen pgu PAGAN 332W SU) HPA-AN 326W 21/09 IN RUUTSIA: lOUSTEAD SHIPPING AGENCIES KUL: 03-*****300 PKL- 03-*****101 PIN: 04-*****02 utammm ACCEPTIHfI COMVEMTIONAL CBO HKG SM HRG SW PGU PU KUC JACARANDA ACE 90521 words
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Advertisement1308 2004-09-13 25 IF* (Ti p. I CrntCfdSld JLineS W: 6323-6466/77 fox: 6323 6433 Website: www.iatorasialiiei.coal iTrroior-rrrLi 11 wwtn Ivor lost [Ml m I fro I m jw»[ m iscr mm. yw m caw ac row HI uii hi cnji Q7/na 07/09 01/09 09/09 10/ M 14/ M 18/09 19/09 AQHIBISCUS W6K 15/091,308 words
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Advertisement1064 2004-09-13 25 r-r- ||i|CO MAIN: TO: 4221-1333 FAX: 4221-5272 /fjj 1 Li I 111 CO CUSTOMER SOVKfc Ttt: 4221-5594 FAX: *****190 SINGAPORE: TONG XX) SHIPPING PTI LTD www+dxlMMMi Miim ntwcif to mjuaysm, humi, myamiiai aw mmum BpHUUU 3 ***** I 14/09 I 10/09 IdSWH 4053 24/09 1 24/09 IS.PMUANG 4035 11/09 23/091,064 words
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Advertisement548 2004-09-13 25 TIGER SEA 217N 19-20/09 24-26/09 02 03/10 1 HUiUUI TIGER WAVE 21IN 21-22/09 28-30/09 0 5 06/10 I WnoinMTIGER PEARL 219N 25-26/09 01-03/10 09-10/10 I ■■■■■TIGERSKY 220N 28 29/09 05-07/10 12-13/10 1 jBBI TIGE|tstA 221N 02 03/10 0810/10 HMMMH PHUTAN 303 17-18/09 25-27/09 05-06/10 ■UUmHj BALSAM 162 23-24 /09 02-04/10548 words
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Article3724 2004-09-13 26 STRAITS TIMES INDEX STOCKS Mo<* —w WW dm Oiwil Stock name Wt dot* Change Altgreen 50c 0.33 1.150 +0.010 NOL 2.0« 2.800 BIL Intt US20c 0.47 0.980 4.005 OCBC 10.80 13.900 +0.200 CapitaLand 1.17 1.710 +0 050 Parkway H 25c 0.64 1.350 -0.010 Chart SemiCond 26c 0.83 1.0703,724 words
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Article3170 2004-09-13 27 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES in loot cot Hi St Mi utt *dy r dy yr dy %yr WpIO Indw Change Chjog* Qnnfl* Owng* Chang# Chang* World Index Preliminaiy 792.5 0.1 1.8 03 0.9 0.4 1.0 I EAFE Preliminary 726.9 0.1 3.7 0.8 1JB 1.0 19 Europe Preliminaiy3,170 words
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861 2004-09-13 27 COMMODITIES: WEEKLY ROUNDUP AFP [LONDON] World oil prices rose in volatile trading last week as a hurricane threat to oil operations in the Gulf of Mexico and worries about low US inventories offset a return to full exports of crude from northern Iraq. GoldAFP - 861 words
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BizIT
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Article, Illustration807 2004-09-13 28 RAJU CHELLAM - BT Exclusive A homegrown startup has captivated the cyber gaming market by developing the world's highest precision mouse. RAJU CHELLAM has the details RAJU CHELLAM BUILD a better mousetrap and the world will beat a path to your door, advised the great American essayist RalphARTHUR LEE - 807 words
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Article347 2004-09-13 28 THE global market for cyber-games is worth about US$3l billion. That's a huge chunk of money for play. Here's what the "big kids" splurge their dollars on: Beefy hardware Serious gamers can plonk over $3,000 on their game PCs. That indudes buying a high-precision mouse like a347 words
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Article, Illustration610 2004-09-13 28 AMIT ROY CHOUDHURY - BT Exclusive By AMIT ROY CHOUDHURY IN an unusual turn of events, Indian software major Satyam Computer Systems has expanded the role of its Asia Pacific headquarters in Singapore to include the Indian domestic market as well. The Singapore office now looks610 words
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Article, Illustration1173 2004-09-13 30 KEVIN CLARKE - <cool stuff> Armed with a little technology, working from home can enhance family life and boost productivity. KEVIN CLARKE argues the case KEVIN CLARKE COMMUTING is a breeze these days. Even though I live a long way from the office 6,039 km to be exact itCHRIS LOH - 1,173 words
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Article, Illustration429 2004-09-13 30 AMIT ROY CHOUDHURY - By AMIT ROY CHOUDHURY CANON is planning a $1 million brand campaign in Singapore over the rest of the year to popularise its all-new line of single-func-tion inkjet printers. The new range will be marketed under the Pixma brand, Canon's new429 words
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<what's new>
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Article, Illustration91 2004-09-13 30 SYMANTEC has announced its latest line of consumer and home office Internet security solutions. They include: Norton Internet Security 2005: Price $121.70. Will provide complete and automatic protection by combining Norton Antivirus 2005, Norton Personal Firewall 2005 and Norton Anti Spam 2005 into one integrated software91 words
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Article, Illustration102 2004-09-13 30 AMIT ROY CHOUDHURY - High-speed connection Mr?Tr»n a n Compiled by AMIT ROY CHOUDHURY NETGEAR, a provider of branded networking products, has launched what it says is the world's first gigabit cardbus adapter for notebook computers. The GASII gigabit PC card provides speeds up to 10 times faster than Fast Ethernet and 100 times102 words
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Article, Illustration810 2004-09-13 31 TANG WENG FAI - <we say> Sing Tel is protesting the move to open up cable landing stations but the Infocomm Development Authority has got it right TANG WENG FAI Correspondent Against the odds and amidst protests from Sing Tel, the Infocomm Development Authority of Singapore (IDA) last810 words
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Article, Illustration756 2004-09-13 31 PANKAJ NARAYAN - <you say> PANKAJ NARAYAN WHEN it comes to using technology, companies seldom have a clean slate to work with. And data storage is no exception to this rule. Networked storage has been widely accepted because it overcomes the limitation of DAS (Direct-Attached Storage). However,756 words
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309 2004-09-13 31 Reuters [TAIPEI] Taiwan's major tech hardware companies posted sluggish revenues in August as back-to-school demand for personal computers failed to materialise. The slowdown in sales prompted retailers and manufacturers to slash prices to kindle demand. Analysts say that even the seasonal ChristmasReuters - 309 words
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<what's up>
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43 2004-09-13 31 LOCAL IT company Genovate Solutions has become the first foreign company to be granted operational and tax incentives under the Thai government's new IT initiative. Genovate has invested an up-front sum of $500,000 to start software development operations.43 words
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70 2004-09-13 31 NGEE ANN Polytechnic has successfully deployed some solutions from Veritas Software for its storage and data centre needs. An official of the polytechnic's computer centre said the Veritas solutions helped Ngee Ann to incorporate all its study materials from the schools and divisions in70 words
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Article61 2004-09-13 31 ERNST Young and Microsoft will hold a security workshop on "Protecting Your IT Investments" on Oct 7 from 9am to 3pm. The workshop is intended to provide business owners and their IT managers with practical advice and good understanding of IT security concepts and best practices.61 words
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Article73 2004-09-13 31 THIRTY-FIVE participants took part in Technology Olympiad, hosted by the National Infocomm Competency Centre, Hewlett-Packard and TeckChek at IT training and certification event Pace 2004. The four areas of competition were network administration, HP Unix 10 administration, Microsoft.Net programming and Java 2 I programming. A majority of the73 words
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Article91 2004-09-13 31 AMIT ROY CHOUDHURY - Compiled by AMIT ROY CHOUDHURY 1 -NET Singapore has been appointed by AT&T as its channel alliance member in Singapore. Through this appointment, 1-Net will offer Singapore customers AT&T's international managed networking and data connectivity solutions such as AT&T's network-based IP VPN services, premises-based IP VPN91 words
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426 2004-09-13 31 AMIT ROY CHOUDHURY - By AMIT ROY CHOUDHURY FAST-GROWING enterprise software firm VMware has moved into Singapore with a bang, making the Republic its regional headquarters responsible for the Asia South and greater China region and appointing Koh Eng Kheng as regional director. The move426 words
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Article, Illustration527 2004-09-13 31 LATWP I I [NEW YORK] The 9/11 terrorist attacks showed the devastation that can occur when disaster strikes a workplace. But on the third anniversary of those attacks, security experts say many US businesses may be better prepared to recover damagedLATWP; REUTERS - 527 words
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BizIT FOCUS: MOBILE EXECUTIVE
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Article, Illustration1094 2004-09-13 32 RAJU CHELLAM - Like high-tech Swiss knives, your laptop has many uses such as storing data, voice, photo and video besides being a personal organiser and entertainment device. Its latest function is as a phone, reports RAJU CHELLAM RAJU CHELLAM WHEN Khaw Kheng Joo, CEO of main-board-listed MediaRing Ltd,ARTHUR LEE - 1,094 words
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Advertisement110 2004-09-13 28 HITACHI Inspire the Next jh||H BF 1 "^il HL t J You know what you're going to say, your message is clear, your objectives s n concrete, you're ready for your all important presentation... but s your display ready? Can your plasma monitor or projector render vivid, eye-catching images y110 words
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Advertisement18 2004-09-13 28 IGRgr pi MAKING A < Canon launches mmmm new ink jet printer brand in $lm brand campaign. PG 3018 words
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Advertisement162 2004-09-13 29 Hi incased productivity Citrix Bave8 ave our 28 900 users. Until they reduced our internal IT costs y Reiner Schmitt, IT Manager infrastructure for the on-demand enterprise As the recognized leader in providing collaborative business solutions for all types of industries and for every major market, SAP knows the value162 words
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Advertisement98 2004-09-13 30 The right software can transform your infrastructure into an on-demand environment. s* The best way to survive any business crisis is to avoid it altogether. That's why our management software is designed to make your business more responsive J than ever. It lets you align your IT to fit your98 words
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Advertisement662 2004-09-13 32 These ultra-portable HP Compaq Business Notebooks are built to unwire your world. Like the HP Compaq Business Notebook nc6ooo. Designed to keep mobile professionals productive no matter where business takes them. That's because it comes loaded with Microsoft® Windows® XP Professional and packs the power of Intel® Centrino™ Mobile Technology,662 words
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Advertisement21 2004-09-13 32 This series is brought to you through an arrangement with m invent The HP Compaq Business Notebook Your trusted corporate companion21 words
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