The Business Times, 4 October 2004

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Total Pages: 32
1 32 The Business Times
  • 16 1 THE BUSINESS TIMES Monday October 4,2004 SINGAPORE 85 cents online at httyi/business-timesastal .com-sg MITA (P) 023/03/2004
    16 words
  • 127 1 MARKETS Week Chge STl 1981.14. +7.68 KLSECOMP 853.93 -1.39 NIKKEI 225 *****.17 +90.01 HANG SENG *****.03 +53.19 SET INDEX 661.23 +6.63 JAKARTA COMP 835.90 ......+16.08 MANILA COMP ....1787.25 +23.95 TAIPEI TAIEX closed SEOUL COMP 846.01 —+13.91 SHENZHEN B 243.94 -5.28 AUSTALLORD dosed DOW JONES *****.65 ....+145.41 NASDAQ 1942.20
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  • 45 1 TOP STORIES ...PG 2-3 COMPANIES... PG 6-7 VIEWS PG 8-9 MARKETS PG 4,10 SINGAPORE PG 11 DINING OUT PG 13 ECONOMY PG 14 M'SIA/INDON.. PG 16 CHINA/INDIA ...PG 17 WORLD PG 18 AVIATION PG 20 SHIPPING PG 21 STOCKS PG 22-23 BizlT PG 28-32
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  • 854 1  -  Health Minister says claimants may halve their share of hospital bill to just 30% By VINCE CHONG [SINGAPORE] A revamped MediShield could see Singaporeans pay just 30 per cent of a hospital bill, half of what they need to fork out now,
    Saurce: MOH  -  854 words
  • Page 1 Advertisements
    • 150 1 cn INDEX pi I m SGX the lone Top 20' entrant in latest BTCopwateThmsparency I TlVfll Intex update pgc. 7 VIEWS FROM THE TOP PROPERTY sr;., Could Singapore property prices re-test their previous peaks? 1-V'-' V -i" ■Would this be good for Singapore? Top corporate figures share their views 8
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    • 19 1 COMMENTARY Why do query on NOL's Spike? PG7 CHANGI AIRPORT T1 WISMAATRIA PLAZA SIN GAPURA ph. 1800 *****11 www.aspial.com
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    • 19 1 dmt Wiir'MM 1 bhii Lyß J SSMC chief Fred Rausch on wty the world's 6th latest wafer foundry I
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  • TOP STORIES
    • 828 2  -  WALL STREET INSIGHT But some expect firms to spring pleasant surprises, says ANDREW MARKS in New York ANDREW MARKS BETWEEN oil prices closing at US$5O a barrel, consumer sentiment sinking, earnings warnings coming in hot and heavy leading up to the US reporting
      828 words
    • 544 2 MediShield revamp may see claimants pay 30% of bills A REVAMPED MediShield could see Singaporeans pay just 30 per cent of their hospital bills, half of what they need to fork out now. More importantly, monthly premiums are likely to rise by less than $10, Health Minister Khaw
      544 words
    • 467 2  -  By CHUANG PECK MING [SINGAPORE] American multinational corporations saw their returns in Singapore fall last year even as they increased investments here, latest US Department of Commerce figures show. Income of US investments in Singapore dropped by nearly
      467 words
  • Page 2 Advertisements
    • 530 2 ■MttMMMr Mi T > HA Public Seminar on Sarbanes-Oxley What Directors, Audit Committee Members and Senior Management Should Know 26 October 2004, 9am to Ipm, The Grand Hyatt Hotel" Fee: Ss3ls (PwC clients)/*****.50 (opn-clients)^^ Not cHilte sure what the Sarbanes-Oxley Act requires? Heed clarfflcatkmson Section 404? Want to know the
      530 words
    • 207 2 Gmm II se minutes in IB: $130,980 car (SPH The Straits Times: May 3,2004) Ttatt at riwre cvs NdM rise in Malaysia (SPH The Straits Times: Sept 1,2003) Stan mb nuns una 2 paaaa matters n nwv Mia HMr Ids lans. Im sans (SPH The New Paper July 6,2004) Do
      207 words
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  • Page 3 Advertisements
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  • SINGAPORE MARKETS
    • 682 4  -  STOCKS Signs of encouragement for local market provided one sticks to big blue chips R SIVANITHY Senior Correspondent According to the New York Times, Wall Street's Friday rise was due to traders positioning themselves for a good set of third-quarter earnings
      FILE PHOTO  -  682 words
    • 444 4 Compiled by Thomson Financial I/B/E/S OTHER SINGAPORE INDICES Oct 1 VALUE CLOSE BT OB/OS -228.00 -88.00 BT CADI -*****.00 -58.00 BT 10-day MA -*****.00 -23.00 All-SG Equities 518.04 +0.12 SG Equities Elect 158.42 -0.44 SG Equities Fin 1608.89 -9.27 SG Equities Prop 477.98 -2.46 SIMSCI 238.55 -1.23 SiMSCI
      444 words
    • 343 4 CURRENCIES AFP [HONG KONG] Asian currencies gained marginally against the US dollar as concerns persisted over the effect record high oil prices would have on the world economy. Japanese yen: The yen gained slightly against the US dollar during the past week, with investors remaining
      AFP  -  343 words
    • 576 4 Payment Ex looks Pay Payment Ex Books Pay ted dm dm dm_ (3D 4m—dm—4m_ Amtek Engg20c F 5.50 OS-Nov IQNov 23-Nw KhongGuan b 6JO 21-Stp 24-S«p OfrOa Aapial Corp 20c I IjOO 30-Stp OSOd ISOtt Kyodo-Allied 5c b 1.00 07-0ec 10-0tt 20-Dec AusanoGrp2.Sc F 0.7TE 12-Nov 18-Nw 294k*
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  • Page 4 Advertisements
    • 84 4 WEEK AHEAP Investor events to watch out for Elec Eltek, AGM and EGM, Oct 5 Lung Kee's dividend payment, Oct 5 Teledata, EGM, Oct 5 SGX's dividend payment, Oct 6 Eastern Pub, EGM, Oct 7 GKE International's dividend payment, Oct 8 Khong Guan's dividend payment, Oct 8 Jardine C&C's dividend
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  • Page 5 Advertisements
    • 1040 5 20 years I I 111 H Advanced Devices WMM (Singapore) I 111 iIIB I I &r''Hi H I I We are excited to be celebrating our 20 years in Singapore as this marks a significant I I mm IK Wt M*' I milestone in the history of AMD. The factory,
      1,040 words

  • COMPANY NEWS
    • 616 6  -  534 firms included in CTI, making this the biggest survey undertaken so far By PENELOPE PHOON, GRAHAM OWENS THIS fourth and penultimate edition of the Corporate Transparency Index (CTI) 2004 sees the Singapore Exchange replacing Singapore Food Industries
      BLOOMBERG  -  616 words
    • 125 6 Notes: New entries are highfighted for easy identification Raffles Holdings Ltd 5 points added for results placed on corporate website The following companies were trading under different names on the CTI 2003 CSE Global Ltd was formerly CSE Systems and Engineering ComfortDelgro Corporation
      125 words
    • 787 7  -  HOCK LOCK SIEW By R SIVANITHY WHEN the shares of Neptune Orient Lines (NOL) exploded on the upside last Thursday and Friday, almost everyone inside and outside of broking circles immediately asked two questions. The first was the obvious why was NOL rising in
      787 words
    • 318 7  -  By KENNETH LIM SINGAPORE businessman Quek Chek Lan, who has launched a boardroom coup at Teledata Singapore, says he is concerned that certain outstanding issues in a proposed joint venture and acquisition deal by the company have not been resolved. The issues were highlighted in
      318 words


  • VIEWS FROM THE TOP
    • Article, Illustration
      2526 8 THIS WEEK'S TOPIC Could Singapore property prices re-test their previous peaks? Would this be good for Singapore? AFTER languishing for years, Singapore's property prices are showing signs of improvement. Last Friday, initial estimates from the Urban Redevelopment Authority (URA) saw the third quarter private home price index rise
      2,526 words
  • Page 8 Advertisements
    • 65 8 ill |l BT CEOs e-Gub Members of the BT CEOs J*| e-Club are Singapore's top corporate leaders jig whom BT editors would jjf »e to interact with in •LS an atmosphere of 81Informality and bust This 'dub' is a virtual pi mainly via e-mail. Each fjl week, we wiH invite
      65 words

  • Page 9 Advertisements
    • 83 9 I aircraft H I ffi I J e IP Convergence is really taking off. Thaf's because it gives all your voice, video and dafa traffic the freedom to travel across j a single, converged network. With a secure, scaleable IP Convergence Solution from Datacraft, seamless communications I and greater mobility
      83 words
    • 25 9 W W HAVE YOUR SAY W What do you think of 1 I the opinions ejqxessed in these pages? Share your views by writing to
      25 words

  • SINGAPORE MARKETS
    • 1382 10  -  KENNETH LIM Reporter IT has been said that Warren Buffett, one of the most prominent private investors in the world today, rarely depends on analysts' reports for his decisions. But lest the rest of us think we are like Mr Buffett and know
      1,382 words
    • 1472 10  -  INSIDE MARKETS The bulk of the deals indicate profit-taking though there were also sales in underperformers, says ROBERT HALILI ROBERT HAUL SELLERS remained active in the last week of September with 11 firms recording 15 disposals worth $16.4 million, which were up by an average
      1,472 words

  • SINGAPORE NEWS
    • 822 11  - Shop till you drop it's easier with plastic Banks draw credit card users with discounts, tie-ups with retailers By JOYCE KOH, TAILA KRISHNAKUMAR TO shop till you drop has become a breeze with the multitude of credit cards at your disposal. But these days, it's not just the lure of
      822 words
    • 208 11 OCBC Bank has become the latest major sponsor of The Bull Run 2004 with a contribution of $100,000. The charity event on Oct 22 designed to raise funds for children and youth in need has attracted more than 110 companies so far.
      ARTHUR LEE  -  208 words
    • 376 11 He is making introductory visits to M'sia and Brunei AN improved and updated double taxation agreement with Malaysia awaits Prime Minister Lee Hsien Loong when he makes his introductory visit there tomorrow. Mr Lee will in his capacity as finance minister
      376 words
  • Page 11 Advertisements
    • 358 11 EVENTS LISTING DATE/ TIME EVENT VENUE 4 Oct Biomedical Research Coun- Biopolis Theaterette 3, 9am cil Symposium on Inflam- 30 Biopolis Street, Level mation 4, the Matrix 4 Oct HSA Launch of Donors' Re- HSA Building, 11 Out--8.45am freshment Lounge at The ram Road, HSA Audito3rd WHO Quality Manage- rium
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • 929 12  -  LAST month, we took a look at the basics of investing. This month we turn to another path to boost your personal income becoming an entrepreneur. By DANIEL BUENAS V I ntrepreneurship has become a buzzword in Singaporean lingo these days* and with the k. ""government's
      Graphic BEN CRUZ  -  929 words
    • 870 12 CAMPUS LIFE JOYCE KOH chats with some Swiss exchange students at SMU and finds out their impressions of Singapore IT is organised chaos in Professor's Chong Li Choy's classroom at the Singapore Management University. The more than 20 students are discussing, or rather fighting for
      ARTHUR LEE  -  870 words
    • 283 12 PRIME Minister Lee Hsien Loong. in his maiden National Day Rally speech, championed the empowerment of youths. "Give them a say in their lives to make them feel they can make a difference,"
      283 words
  • Page 12 Advertisements
    • 260 12 Be smart with your money 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, we have
      260 words

  • DINING OUT
    • 1229 13  -  If low-carb is your thing and the Atkin's diet is the only gospel you follow, WILLIAM WHEY steps in to help you find the best meat in town WILLIAM WHEY Las Pampas El Restaurante y la Barra 36 Club Street #01-01. Tel: 6325 3360
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  • Page 13 Advertisements
    • 149 13 t Exclusively from 4 23 October 2004 and beyond food and wine pairing /"-~x y Hilton 581 Orchard Road Singapore *****3 Tel *****233 Fax *****917 sin»apc»n- Website www.singapore.hilton.com Email: harbourgrill.singapore@hilton.com m n We don't just wave a magic wand when it comes to business m m m M networks. We
      149 words

  • ECONOMY WATCH
    • 1518 14  -  America's burgeoning current account deficit financed by China's red-hot economy is a deadly combination, says STEPHEN S ROACH STEPHEN S ROACH THE world economy is on a collision course. The United States long the main engine of global growth and finance has squandered its domestic saving
      AFP  -  1,518 words
  • Page 14 Advertisements
    • 131 14 Raffles Country Club Le French Restaurant Open to public 4SO Jalan Ahmad Ibrahim Tel: 6862 1838/9 -1 s-4. 3-Course French Cuisine $12.80 by award winning ex-5 Star Hotel Chef Raffles Country Club"! MonToFrl Tiger Brawry II j* a ftW j A -i Aw ini« M&H Diners Club Credit Card <416
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    • 50 14 Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Oktoberfest Get Into the spirit of Oktoberfest I Enjoy the best of German food with our German Set Lunch Special. B
      50 words
    • 117 14 1 MERITUS MANDARIN SINGAPORE r A Tale of 2 Cities Delicious Dishes from KuaLa Lumpur and Ipoh 1 31 October 2004 Savour delicious flavours of the two cities, from Rojak Buah, Yong Tow Fu in Light Soy Sauce, Baked Stuffed Fish in Fresh Turmeric Leaves to sweet delights like Coconut
      117 words

  • Page 15 Advertisements
    • 592 15 ■ISK H ZVPsinHH HH^^l^^BH W4 9[• 111 B jj^^^^B^HH^HH InMHHIHHHiHBHJ HHBHHHHB ■HHHHbH ?r J IHQ I II I Hi I I H iWi II ■W <'-<$** -'v'V' vt*v 1 -oMLCv I- OM^%Mi T W i I I w I i HH^^H^^^|H| ,yx? 1 I I Eg HQ knl vji -sv*
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  • MALAYSIA/INDONESIA
    • 628 16  -  MALAYSIA INSIGHT EDDIE TOH KL Correspondent INVESTORS have brushed aside rising temperatures within the dominant political party United Malays National Organisation (Umno) as they are now spooked by a bigger concern rising oil and gas prices. The Kuala Lumpur Composite Index managed
      AP  -  628 words
    • 600 16 Bloomberg [KUALA LUMPUR] Cagamas Bhd, a miniature version of Fannie Mae, is enabling Malaysia to reduce its budget deficit by selling home loans the government made to employees. Cagamas will buy as much as RM2S billion (Ssl 1.1 billion) of loans and bundle them into
      Bloomberg  -  600 words
    • 8 16 Compiled by Thomson Financial I/B/E/S
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    • 505 16  -  Move seen as effort to cut dependence on gaming revenue By EDDIE TOH in Kuala Lumpur MALAYSIA'S sole casino group Genting is betting on becoming a bigger regional power player in what is seen as a move to further cut its dependence on gamblers'
      505 words
    • 477 16 Reuters [SINGAPORE! Indonesian oil company Pertamina has cancelled several term agreements to buy crude as it grapples with a rising import bill due to expensive crude, traders said. Pertamina will neither renew a term deal for 950,000 barrels a month of Angola's Nemba crude with
      Reuters  -  477 words

  • INDIA/GREATER CHINA
    • 530 17  -  Change fell short of hopes, but it will help Indian banks clean up accounts, boost management By AJOY SEN in New Delhi NEW Delhi's move to allow foreign banks to acquire a 10 per cent stake each year in private Indian banks,
      530 words
    • 239 17 Reuters [NEW DELHI] The Indian government has set up a panel of experts to assess plans to merge state-run oil firms and create companies that can compete globally, petroleum minister Mani Shankar Aiyar said last week. Mr Aiyar told reporters he
      Reuters  -  239 words
    • 309 17 Reuters [WASHINGTON] China, which for the first time joined a meeting of top officials from the Group of Seven countries last week, has no immediate plans to enter the rich nations' club, its finance minister said on Saturday. "We have no
      Reuters; AFP  -  309 words
    • 491 17 Skills needed for high-end analytical processes are in short supply, say analysts AFP [BANGALORE] India's outsourcing industry faces a major "talent challenge" as a lack of skilled employees threatens its global success, company officials and analysts say. While call centres are flourishing in India,
      AFP  -  491 words
  • Page 17 Advertisements
    • 129 17 Bordeaux Burgundy Alsace Loire Valley Champagne f I 9 i i i The French Wine Fair I 30 SEP 2004 TO 7 OCT 2004 I OVER 400 WINE LABELS ON SALE! I 1 il >1 CEO/ I I discounts up to 45 I i The Sale of the Year i
      129 words
    • 160 17 Tricor Holdings Ltd, a member of Bank of East Asia Group, pleased to announce the acquisition of the following company secretarial, client accounting, payroll outsourcing and share registration businesses owned by PricewaterhouseCoopers in Singapore: Barbinder Co Pte Ltd Evatthouse Corporate Services Pte Ltd Outsource Centre Pte Ltd Tricor is a
      160 words

  • ASIA-PACIFIC/WORLD
    • 488 18 Tough time seen in Q4 as presidential polls distract investors' attention Reuters [NEW YORK] The US IPO market's first-half revival from last year's moribund levels turned into a summer of discontent for many eager companies trying to tap the public markets.
      Reuters; REUTERS  -  488 words
    • 513 18 Reuters [NEW YORK] Share buybacks and fat dividends are the main attraction for investors in Australia's and New Zealand's top phone companies, Telstra Corp and Telecom Corp of New Zealand. While strong corporate earnings have been the factor driving the Australian share market
      Reuters  -  513 words
    • 324 18 [LONDON] Barclays Bank is likely to be accused of making profits of at least US$3OO million by shortselling complex bond instruments, known as CDOs, where clients who had bought the products suffered huge losses, says a report in The Guardian over the weekend.
      324 words
    • 194 18 AFP [LONDON] American multi-millionaire Malcolm Glazer is poised to launch a takeover bid for English football giants Manchester United, newspaper reports said yesterday. The 75-year-old businessman, who already owns the Tampa Bay Buccaneers American Football franchise, currently holds a 19.2 per cent stake in
      AFP; AP  -  194 words
    • 417 18 Bloomberg [NEW YORK] Citigroup Inc, JPMorgan Chase Co and Bank of America Corp (BOA) will pay US$lll million to settle a suit by the Retirement Systems of Alabama over losses stemming from the collapse of WorldCom Inc stock and bonds. The
      Bloomberg  -  417 words
    • 317 18 Big brands face competition from anonymous rivals AFP [PARIS] The world's bestknown branded products, names that have powered the global economy for the past half-century including Coca-Cola, Colgate and Knorr, are facing fierce competition in Europe from anonymous cheaper rivals. While young people remain attached to brand names, adults are
      AFP  -  317 words
  • Page 18 Advertisements
    • 26 18 For Bank Trade Programs, high loan to value financing refinancing for existing income producing properties. Excellent terms. $3M-S2SM US No upfront fees. Contact: Mr WILLY TAN
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    • 26 18 Starting from Ss36o Full set of accounts Word Excel link For all SMEs Multi-user enabled Free hotline support Call for free Demo Raymond 6338 3233 www.networkone.com.sg
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  • Page 18 Miscellaneous
    • 215 18 CRYPTIC CROSSWORD ture with origins in southern university (5,2) A good example, part poser 21 Old scientist, given one sign, -LmJ -—LmJ— Bursary for 24~ DOWN 1 Coaching without a supply of tugal were relaxed (7) Across: 1 Pomfret, 5 Becdes, 9 Italian food (7) 13 Curses motorway, giving Lankier,
      215 words


  • AVIATION
    • 438 20 Airline scrapheap will swell unless they do more to cut costs: experts Reuters [NEW YORK] Major US airlines are likely to face several more years of distress that a possible liquidation of bankrupt US Airways Group won't do much to alleviate, industry experts
      Reuters  -  438 words
    • LOG BOOK
      • 85 20 Reuters [ROME] Italy's government has earmarked 750 million euros (Ssl.6 billion) in 2005 for the recapitalisation of flag carrier Alitalia, according to a Budget document obtained on Friday. Alitalia, which is 62 per cent owned by the Italian government, is seeking fresh cash
        Reuters  -  85 words
      • 72 20 Bloomberg [BANGKOK] Thai Air Asia, the country's biggest budget carrier, may not be profitable this year because of surging jet fuel costs, the carrier's parent said. "I'm not sure Thai Air Asia can achieve the target" this year, Boonklee Plangsiri, chairman of
        Bloomberg  -  72 words
      • 68 20 AFP [PORT-LOUIS] Mauritius has decided to give India and Australia rights to ply air routes between the Indian Ocean tourist hot-spot island and South Africa. It is the first time that outside airlines will be able to fly those routes and Prime Minister
        AFP  -  68 words
    • 125 20 Reuters [PARIS] Talks between European plane maker Airbus and airline clients about developing a rival to Boeing's planned 7E7 jet appear to have slowed 7E7 sales, The Wall Street Journal said, citing industry officials. Boeing, however, said it had not seen any indication
      Reuters  -  125 words
    • 397 20 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:
      397 words
    • 751 20 The dowdy bachelor needs a partner, and Lufthansa seems to be the only choice AFP AFTER courting the likes of British Airways, Air France, KLM, Lufthansa and even Singapore Airlines on the other side of the world, Swiss International Air Lines is finding
      AFP  -  751 words
    • 103 20 [BRUSSELS] Employees of several companies at Belgium's national airport take part in a demonstration in the departure hall of the terminal at Zaventem airport on Friday. The action was organised to press Belgian federal and regional governments to find a solution to global courier DHL's plans to
      REUTERS  -  103 words
    • 248 20 Reuters [DALLAS] A new option for air travellers in North America may soon be a US$lO-US$l2 portable entertainment system stocked with movies, music videos and online news. American Airlines, a division of AMR Corp, said it will begin testing in November the
      Reuters  -  248 words
    • 371 20 Reuters [BRUSSELS] Incoming European Union Transport Commissioner Jacques Barrot said the EU executive would examine tax exemption on aviation fuel once the oil market, currently at record highs, cools down. "When fuel prices have settled down we'll be able to look at the
      Reuters  -  371 words

  • Page 21 Advertisements
    • 40 21 tjL I m Lianhe Zaobao fi I Chinese I I high-tech I I consumer I I electronics I I goods I I using S'pore I I as base I I to go global I I I I I nm I
      40 words
    • 223 21 NOTICE TO TRADE FEEDER OPERATORS SOC SHIPMENTS FUEL ADDITIONAL The following feeder operators wish to inform the trade that with the increase in bunker prices, they have no alternative but to increase the current Fuel Additional (FA) to the following levels for all inbound and outbound shipments (Laden and Empty)
      223 words
  • SHIPPING
    • 699 21 It's far more risk averse than other leading operators, says Drewry report By DAVID HUGHES in London [SINGAPORE] The gap between the top four global port operators and the other players in the market is set to widen as they continue to
      699 words
    • PORT SHOTS
      • 54 21 Bernama [KUCHING] A special committee has been formed to assess the competitiveness of Sarawak's ports. Transport Deputy Minister Douglas Uggah Embah said the the Port Competitiveness Committee, formed last month, was responsible for designing a programme that would enable ports in the state to
        Bernama  -  54 words
      • 111 21 AFP [TOKYO] China and South Korea are likely to skip Asia's first multinational naval exercise aimed at seizing weapons of mass destruction, a report said yesterday. Japan will this month host a Proliferation Security Initiative (PSI) drill and has invited its two key neighbours
        AFP  -  111 words
    • 279 21 SGX '000 octi ss vol CH Offshore .0.40 unch 1656 ChuanHup .0*4 -0.01 2873 Cosco Investment 1.00 -0.02 ***** CWT Distribution .0.57 0.07 ***** EzraHldgs 1.09 unch 378 Freight Links 0.10 unch 122 Grand Banks Yad* .0J1 0.01 13 Jaya Holdings 1.02 -0.01 1906 K1 Venture .037 unch
      279 words
    • 274 21  -  Empty containers transhipped will be visually inspected By EVELYN DUFFY in Perth AUSTRALIA'S opposition Labor Party has pledged that if it wins on October 9 it will establish a national screening programme for empty containers being transhipped through the country's ports. Speaking at celebrations for World
      274 words
    • 301 21 Reuters [HONG KONG] Hutchison Port Holdings (HPH), a unit of Hong Kong-based Hutchison Whampoa Ltd, has sealed a long-awaited deal for four berths at Waigaoqiao in Shanghai's Pudong district. The ports-to-telecoms conglomerate has agreed to form a 50-50 joint venture with state-owned Shanghai
      Reuters  -  301 words
    • 53 21 (UMM QASR. Iraq] Five Chinese-made Predators, part of the fleet belonging to the newly launched Iraqi Coastal Defence Force, cruising through the Iraqi port ofUmm Qasr. The recruits on board have been trained by the Multi National Force-Iraq in seamanship, mariner skills, fire-fighting, gunnery and
      REUTERS  -  53 words

  • 2942 22 STRAITS TIMES INDEX STOCKS Stock nam* Wt Ook Change Stodi mm« Wt Owe Oi—g« Allgreen 50c 0.31 1.100 -0 010 NOt 2.18 3.000 *0180 BtL Intl US20c 0.47 0.990 +0.010 OCBC 10.78 14.000 CapitaLand 1.21 1.780 -0.010 Parkway H 25c 0.63 1.320 -0 010 Chart SemiCond 26c 0.80
    2,942 words

  • 3127 23 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES tolocrtavT I" Si toUU %&t *r Ottl IndK Oianq» Chi— Ch»» Q»«ng» ttgg totaM Index ftJmiHW 802.4 14 11 M 16 2 4 EAFE Preliminary 7372 1.6 5.1 M 23 13 16 Europe Pwttwnary ***** 19 *5 1-6 2 7 15 3.6 Mfc
    3,127 words
  • 931 23 COMMODITIES: WEEKLY ROUNDUP AFP [LONDON] Oil prices broke above US$5O a barrel for the first time in volatile trading last week. Metals hit fresh highs. The Commodities Research Bureau's index of 17 commodities rose to 283.22 points on Friday from 280.11 a week
    AFP  -  931 words

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  • Page 27 Advertisements
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  • BizIT
    • 793 28  -  BT exclusive S'pore-based wafer foundry expects to raise staff strength by another 150 in 2005 if the industry grows as expected, RAJU CHELLAM learns RAJU CHELLAM THE world's sixth-largest wafer foundry, Singaporebased SSMC (Systems on Silicon Manufacturing Company), is ramping up its capacity as
      SSMC  -  793 words
    • <what's up>
      • 75 28 DATACRAFT has announced the launch of a new corporate identity, following months of work that included an independent multi-country brand audit. Reinforcing a distinct brand identity "gives us the strategic advantage in attracting new customers and retaining committed, long-term business relationships". Bill Padfield. CEO of Datacraft
        75 words
      • 55 28 IT services provider CrimsonLogic has announced that its trade certification system. CertofDrigin, has been awarded the eAsia Award in Trade Facilitation Excellence by the Asia Pacific Council for Trade Facilitation and Electronic Business (AFACT). The eAsia Award was presented at the end of last month at the
        55 words
      • 66 28 TWO Singapore-based companies. Research Biolabs Technologies and Wavex Technologies, have signed an agreement to jointly develop radio frequency identification (RFID) technology-based solutions for the life science and the healthcare sectors. The two companies will commit manpower and resources towards the development of a system
        66 words
      • 57 28 OFFICIALS of Red Hat, an open source and Linux provider, will meet the IT and business community tomorrow at the Intercontinental Singapore. This meeting is part of the company's 17-nation Asia Pacific tour. The event will feature presentations by Red Hat executives and partners. Oracle and Intel.
        57 words
      • 24 28 IDC's Asia/Pacific IT Infrastructure Vision Conference 2004 will be held on Oct 7 at The Ritz-Carlton Millenia Singapore. For details, e-mail apevents@idc.com.
        24 words
      • 46 28  -  Compiled by AMIT ROY CHOUDHURY SINGAPORE Airlines (SIA) has signed an agreement with VeriSign. a provider of infrastructure services for the Internet and telecommunications networks, that will enable the airline's customers to check in from their mobile devices, using global, two-way Short Message Service.
        46 words
    • 468 28  -  BT exclusive It eyes Aussie, Korean and Indian markets while S'pore stays as hub By AMIT ROY CHOUDHURY 3COM is continuing to grow its regional functions out of Singapore while working to capture a larger share of the high growth markets of Taiwan, Korea, India and Australia,
      468 words
    • 273 28  -  By RAJU CHELLAM THREE US-based infotech companies Oracle Corp, Sun Microsystems, and Advanced Micro Devices (AMD) have teamed up in a US$3O million initiative to help independent software vendors (ISVs) develop and sell their solutions to customers in the Asean region. The initiative will
      273 words
    • 778 29  -  &lt;we say&gt; But IT companies must move now, or risk being overtaken by Asian competitors moving up the value chain AMIT ROY CHOUDHURY Correspondent A TWO-DAY conference on business process outsourcing (BPO) held here last week ended, aptly enough, with a panel discussion on "What's
      778 words
    • 760 29  -  &lt;you say&gt; ROBERT OH IF you are in high-tech business, you know the road ahead is a tough one. Many high-tech companies now realise they need to re-learn how to drive productivity and leverage their people more to become leaner in other words,
      760 words
    • 831 30  -  &lt;cool stuff&gt; Sun Microsystems' Linux desktop converts TANG WENG FAI with its reliability and cool features TANG WENG FAI LINUX has arrived on the desktop. Techno Luddites aside, most in the industry, and many outside it, have seen some form of the Linux operating system in action,
      831 words
    • <what's new>
      • 110 30 LOGITECH said it will ship a mini-receiver (which plugs into a USB port of a computer and becomes a wireless receiver which automatically senses the companion mouse) with its enhanced Logitech Cordless Click! optical mouse and Cordless Click! Plus optical mouse. These two cordless mice also have a
        110 words
      • Article, Illustration
        71 30 LG has introduced its latest mobile phone, the LG G5600. The phone has a comes with a 4x digital zoom camera with high resolution output (640 x 480 pixels), 40-polyphonic sound capabilities and6SKTFT screen. It is available from the middle of this month for $318 wilh
        71 words
      • 96 30 PEOPLESOFT and IBM have announced the availability of eServer i5 550 configured for PeopleSoft World which is one of the world's largest providers of enterprise application software. The new server is the first IBM i550 to be customised for a specific software vendor. It is
        96 words
      • 90 30 MATSUSHITA Electric Industrial, known for its Panasonic brand products, will introduce its Pro High Speed series 1 gigabyte and 512 megabyte SD memory cards by the end of this month, priced at $429.99 and $204.99, respectively. The new memory cards have double the internal data transfer rates
        90 words
      • 74 30 KODAK has introduced a new digital camera, the EasyShare DX7590. It comes with a combination of sophisticated features, good performance and ease of use. Kodak has also introduced the Kodak EasyShare Printer Dock Plus. The new model can make Kodak 4x6-inch pictures from nearly any
        74 words
      • 65 30  -  Compiled by AMIT ROY CHOUDHURY NETWORK Appliance, a leading provider of networked storage solutions, has announced the release of a new software product called LockVaulL The product addresses the issue of data retention in a secure and cost-effective manner, according to the company. It is available
        65 words
    • 260 30 Bloomberg [LUXEMBOURG] Microsoft Corp's Windows, which powers about 95 per cent of the world's personal computers, won t be damaged if the company is forced by a European Union anti-trust order to strip its video and music player, software maker Real Networks Inc told Europe's
      Bloomberg  -  260 words
    • BizIT FOCUS: MOBILE EXECUTIVE
      • 984 32  -  Here's a list of top tips for travelling executives wanting to get the most out of their notebook computers, compiled by RAJU CHELLAM RAJU CHELLAM GIVEN that most companies are now plonking big bucks to empower their employees with laptops, how do you ensure that the
        FILE PHOTOS  -  984 words
  • Page 28 Advertisements
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    • 11 28 MOBILE EXECUTIVE BP"*' tricks and traps (HH the move, pg 32
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  • Page 29 Advertisements
    • 204 29 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ONEWORLD INVESTMENTS PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN pursuant to Section 308( 11 of the Companies Act, Cap. 50, that a Final Meeting of the Members of the abovenamed Company will be
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    • 918 29 00 Re 9" "M 0005 7* (p|g) Tai Sin Taj sin Electric Cables Manufacturer Limited NOTICE IS HEREBY GIVEN that the Annual General Meeting of Tai Sin Electric Cables Manufacturer Limited will be held at 24 Gul Crescent, Jurong Town. Singapore *****1 on Thursday, October 21.2004 at 10 00 a
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    • 1271 29 ASL MARINE HOLDINGS LTD (Incorporated In The Republic Of Singapore) Company Registration No. *****6M2N NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the annual general meeting of the Company will be held at 19 Pandan Road, Singapore *****1 on Thursday, 21 October 2004 at 2.00 p.m. for the
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  • Page 30 Advertisements
    • 1882 30 To advertise call toll-free 1800 289 8822 Email: aotices@sph.com.sg IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER or SUNCAM (PTE) UMITED (IN MEMBERS' VOLUNTARY LIQUIDATION) Extract of the Minutes of on Extraordinary General Meeting of SUNCAM (PTE) LIMITED held pursuant 10 Section 294 (4) of
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    • 642 30 THE COMPANIES ACT, CAP. SO KETTLEPORT INVESTMENTS PTE LTD (Co. Regn. No: *****1018W) (In Members' Voluntary UqAMon) At an Extraordinary General Meeting of the abovenamed Company held on the 28th (toy of September. 2004 the following resolutions were duly passed 1. SPECIAL RESOLUTION WINDING UP THAT the Company be wound
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  • Page 32 Advertisements
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