The Business Times, 24 January 2005
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2005-01-24
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The Business Times
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Title Section14 2005-01-24 1 THE BUSINESS TIMES smmw m.ms online at http://business-times.asial.com.sg MICA (P) 023/03/2004 Monday, January 24,200514 words
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Article, Illustration613 2005-01-24 1 JOYCE KOH - Most feel it's better to concentrate on business By JOYCE KOH [SINGAPORE] Command and conquer may be a useful strategy for business expansion, but when local companies come up against copycats, many say they would rather avoid confrontation. Singapore firms BT spoke toFILE PHOTO - 613 words
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Article137 2005-01-24 1 MARKETS WMk Chge STI 2085.39 +9.26 KLSE COMP 929.72 -0.02 NIKKEI 225 *****.37 -200.02 HANG SENG *****.02 -13.76 SET INDEX 696.85 -4.81 JAKARTA COMP ...1035.75 +14.41 MANILA COMP ....1987.84 ....+111.81 TAIPEI TAIEX 5848.91 -40.61 SEOUL COMP 919.61 +14.51 SHENZHEN 8 228.38 -3.61 AUSTALLORD 4046.40 -16.50 DOW JONES *****.99 -165.01137 words
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Article40 2005-01-24 1 TOP STORIES PG 2 COMPANIES PG 4 MARKETS PG 5.6 SINGAPORE PG 7 ECONOMY PG 11 M'SIA/INDON.. PG13 CHINA/INDIA ...PG 14 ASIA-PACIFIC.. PG 15 WORLD PG 15 AVIATION PG 16 SHIPPING PG 17 STOCKS PG 18.19 BIZIT PG 25-2840 words
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423 2005-01-24 1 ANNATEO - Only employers in America place more weight on degrees By ANNATEO [SINGAPORE] To succeed in business today, it is critical to be able to speak more than one language. So say nine in 10 recruiters in Asia, Europe and Latin America. Only those423 words
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Page 1 Advertisements
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Advertisement23 2005-01-24 1 DINING OUT Restaurants roll out M|HP their New Year menus JK&flMr pg 10 STOCK OPTIONS Let shareholders decide HOCK LOCK SIEW, PG 423 words
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Advertisement30 2005-01-24 1 BT ONLINE Access to BT Online is free after 6pm each day. But print subscribers can access our online news anytime. Call 6388-3838 to subscribe and activate your online account.30 words
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Advertisement181 2005-01-24 1 YOUNG INVESTORS' FORUM Impress your interviewer and land that job PG 12 VIEWS FROM THE TOP Call* whether the new V J targets for the T j tourism industry H' JL are ac h' eva b' e PGB&9 Rabobank is the only privately owned With presence in 34 countries and181 words
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Advertisement21 2005-01-24 1 BRAND IDENTITY A vital ingredient for Banyan Tree's survival ■■■■■■■■■■■■■■■EJ.UV...- _Jr :l tOM f TOP l- r-T, Bl2lT M Red Hat's21 words
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TOP STORIES
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760 2005-01-24 2 ANDREW MARKS - WALL STREET INSIGHT Iraq poll, economic data and upcoming Fed meeting lead to negative sentiment By ANDREW MARKS in New York CORPORATE results for the final quarter of 2004 are off to a good start this reporting season, but it's been overshadowed760 words
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Article, Illustration1086 2005-01-24 2 KALPANA RASHIWALA - By KALPANA RASHIWALA [SINGAPORE] "It's a bit of the unseen hand that's always working. It's there, looking after everybody but sometimes not seen." This is how Urban Redevelopment Authority chief executive Cheong Koon Hean describes the role of urban planning. "In this small plot1,086 words
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Article686 2005-01-24 2 Norelco latest to issue profit warning IN the latest profit warning by a Singapore-listed firm, Norelco Centreline Holdings said it expects to book a loss for its fourth quarter. The manufacturer of semiconductor equipment cited difficult conditions in its sector, higher raw-materials cost and a falling US dollar686 words
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Page 2 Advertisements
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Advertisement64 2005-01-24 2 i Outsourcing Services a Call Centre handling calls, enquires, feedback, customer a service, telemarketing, data entry, etc. a i Full secretarial, admin, accounting HR services. Facilities boardroom, meeting rooms serviced offices. can Freshly brewed coffee a simple touch on an interactive touch-display panel. Equipped with the innovative Saeco Brewing System,64 words
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Page 3 Advertisements
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Advertisement79 2005-01-24 3 |i J-| 0N 0 C •p JH J f BE ■B bpf o| .T^^H^- i& t'JSBH| i'-jt* 'js/fjM-■ hh in interface design specific to unique operat o I N d ed for un P aralleled customisation an expanded suite of clivers bl sec^° abilities including breakthrough Internet-ready capabilities and extensive79 words
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COMPANY NEWS
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Article, Illustration453 2005-01-24 4 JEAN CHUA - It will post Q4 loss due to falling demand but will be in the black for the whole year By JEAN CHUA NORELCO Centreline Holdings is the latest Singaporelisted company to issue a profit warning. The company reported on Saturday that it expects a loss for453 words
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309 2005-01-24 4 ZHONGHUI Holdings' chairman Gao Bin says he will take "full responsibility" for the postponement of two projects from last year to this year and he will not be accepting any performance bonus for work done in the financial year 2004. The China-based firm309 words
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726 2005-01-24 4 R SIVANITHY - HOCK LOCK SIEW By R SIVANITHY DO employee stock options have any relevance anymore? Like many things in life, it depends on who you ask. Top executives and most company officials will say yes, because it supposedly aligns the interests of employees with those of726 words
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Article, Illustration899 2005-01-24 4 VEN SREENIVASAN - Demand for new planes assures bustling business By VEN SREENIVASAN WHILE the world was soaking up the hype and hoopla accompanying the unveiling of the Airbus A3BO aircraft last week, one Singapore company was quietly preparing to become a key supplier ofFILE PHOTO - 899 words
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Page 4 Advertisements
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Advertisement290 2005-01-24 4 irm H BI H Ma^m jSrt*BSffi£S' ASIA TIGER GROUP LIMITED (Incorporated in Bermuda on 23 June 2004) INITIAL PUBLIC OFFERING f 6® S^g) We design and manufacture office equipment and digital cameras and market mainly to the US, Europe and ij Japan. We achieved IS*****:2000 certification from Germany for quality290 words
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SINGAPORE MARKETS
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Article, Illustration1105 2005-01-24 5 TEH HOOI LING - TEH HOOI LING Senior Correspondent Despite a holidayshortened week, stocks continued their momentum upwards. Compared with a week ago, The Straits Times Index edged up 0.4 per cent while the (JOB Sesdaq Index gained 3.3 per cent. All of our portfolios advanced as well,1,105 words
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Article, Illustration1124 2005-01-24 5 ROBERT HALILI - INSIDE MARKETS Insiders have racked up a paltry 88 purchases worth $15.2 million in the first three weeks of January, reports ROBERT HALILI ROBERT HALILI THE sentiment was bearish last week with sellers outweighing buyers during the holiday-shortened week of Jan 17 to 20.FILE PHOTO - 1,124 words
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Article, Illustration659 2005-01-24 6 R SIVANITHY - STOCKS R SIVANITHY Senior Correspondent WALL Street's retreat since the year started hasn't made much of a dent on local sentiment. Thanks to a tide of incoming liquidity aimed mainly at second liners, prices in the local market have held up well over theREUTERS - 659 words
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Article605 2005-01-24 6 CURRENCIES AFP (HONG KONG] The Japanese yen retreated from a five-year high against the US dollar last week as anticipation of further interest rate hikes by the US Federal Reserve continued to place pressure on Asian currencies. Japanese yen: The yen fell back against the dollarAFP - 605 words
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Article109 2005-01-24 6 Investor events to watch out for Thai Village Bonus Issue, Ex-date, Feb 24 Magnecomp Intl, EGM, Jan 24 AP Breweries, AGM, Jan 25 Asiatravel, AGM, Jan 25 Ssangyong Cement, EGM, Jan 25 MFS Tech, AGM, Jan 26 HeShe Hldgs, EGM, Jan 26 YHI Intnl. EGM, Jan 26 North109 words
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Article262 2005-01-24 6 *"<£> Sw Tg. a. AJw dew i UK UQ U*i 17-J» 2M«b MTSTccMOr F 0S5Tt 17-Ms 22 M. 31 Ma AnSreMo« f I4N 1v»a, 03*6 1t*t MFSTkMOC S 1H I7M* 22 Ma AuCMfcaHKIV I M4IU )M« IH* Bto. MiyaWlc fS CM 0t*» O T jbi AuMraUndftop i MS262 words
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Article, Illustration1417 2005-01-24 6 The stock recommendation is the average of all the recom- Number FORECAST Median mendationsi submitted by analysts following the stock. There RECOMMENDATION of EPS PE Target is a total of 29 brokers submitting recommendations but not COMPANY Tte Week/last Week Estimates (S) (times! tt) every stock is followed1,417 words
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SINGAPORE NEWS
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Article, Illustration639 2005-01-24 7 CHEN HUIFEN - Group's pool-villa concept defines its resorts in target niche market Reports by CHEN HUIFEN FOR homegrown resort group Banyan Tree Holdings, branding is viewed as an imperative for survival, not a reward for success. "To us, from the very beginning, it's not somethingFILE PHOTO - 639 words
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Article315 2005-01-24 7 DATE/ TIME EVENT VENUE 24 Jan Seminar on The Yudhoyono ISEAS, Seminar Room 9.30am Administration: The First II, 30 Heng Mui Keng Three Months Terrace, Pasir Panjang 25 Jan The Institute of Defence 30 Biopolis Street 9.00am end Strategic Studies (IDSS) Matrix, Level 4, is hosting a public315 words
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404 2005-01-24 7 STARTING from this year, the Banyan Tree brand could be seen strengthening its foothold in the lucrative China leisure market. The group, which already runs a spa in Shanghai, will be opening its first resort facility in July/August this year in a remote404 words
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Page 7 Advertisements
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Advertisement165 2005-01-24 7 4 NEC IP ANOTHER DIMENSION IN IP SOLUTIONS ev*. 4- KfeJ 1 KJSB I W^ M Bk *r j From the global technology leader with both telephony and networking know-how, comes a multidimensional IP solution. Our years of expertise in integrating voice and data enable a reliable, flexible pure IP165 words
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VIEWS FROM THE TOP
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Article, Illustration2322 2005-01-24 8 THIS WEEK'S TOPIC Are the new targets for the tourism industry achievable? How should we go about making them a reality? BT CEO e-Club offers many suggestions to achieve the new targets from new attractions and theme parks* casinos; a more vibrant night life and tapping2,322 words
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Page 8 Advertisements
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Advertisement70 2005-01-24 8 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 club' is a virtual one, with interaction mainly via e-mail. Each week, we will invite comments from these top executives70 words
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Page 9 Advertisements
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Advertisement229 2005-01-24 9 NOKIA Connecting People fl ggw ■|l^^^p >i! V( f n I S if I HfiniafiCUi^HlJw^H^ jMtt/f/ M jHu^^HH T I j IMT f Open up the possibilities. You work a step ahead of the rest. Keeping pace with you is the Nokia 9500 Communicator. More than a device with critical229 words
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Advertisement23 2005-01-24 9 r HAVE YOUR SAY What do you think of the opinions expressed in these pages? Share your views by writing to k btietterOsph.comsg23 words
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DINING OUT
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Article, Illustration1763 2005-01-24 10 Here are some restaurants for early-bird diners to check out their favourite Chinese New Year dishes IT'S a little more than two weeks to Chinese New Year, but you don't have to wait till Feb 8 to dig into your festive favourites. Some restaurants are already rolling1,763 words
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Page 10 Advertisements
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Advertisement206 2005-01-24 10 Wines for all Occasions Budgets Shop now for your Corporate Dinners, Lunar New Year, Weddings or for personal enjoyment. UO2 02 Tnnglin Shopping Centre V r K, ;r J J, Hot.'l TV I 6/ i 1 i 98/5?b99 *****170 Where to wine, dine and entertain... "-tjßwj "**"*^'l? www.dinersxoPLBg I Auspicious206 words
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Advertisement54 2005-01-24 10 I Raffles Country Club Seafood Ravioli $10.50 Grilled Chicken $12.50 k Lamb Loin $18 m I4>i Enjoy Garlic Bread, Salad Soup at only $3 with emery order of main course I Restaurant I :£5&9 Jalan Ahmad Ibrahim I Tel 6862 1838/9 I Mon to Fri: Lunch Only, I Sat; Dinner54 words
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Advertisement11 2005-01-24 10 Poolside, level 4, above Tonkin Mad. Reservations recommended/M: 6831 4373. g|^|.11 words
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Advertisement56 2005-01-24 10 I MERI T U S MANDARIN SINGAPORE Lunch 12.00 noon to 2.30 pm J* 6831 6262 /66 DflfQ 1 ■lAawv?v|t u.;J*Z Bhlicomkt ML A y. 4M" CHINESE \TT RESTAURANT WW MERITUS MANDARIN siNc«roti A division of Overseas Union Enterprise Limited (Company Registration N0.*****0050E) 333 Orchard Road, Singapore *****7. Tel: +6556 words
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ECONOMY WATCH
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Article, Illustration691 2005-01-24 11 US trade deficit this year is likely to exceed US$600 billion [WASHINGTON] They are only low-level rumblings, oblique signals of discontent that are stripped of any direct political threat. But as President Bush embarked on his second term last week, it was hard toAFP - 691 words
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270 2005-01-24 11 Bloomberg [WASHINGTON] Microsoft Corp's U5532.6 billion special dividend payment last month raised nationwide figures for personal income and probably worsened the US current account deficit in the fourth quarter, the Commerce Department said. About US$24 billion of the payment will be recorded as personalBloomberg - 270 words
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Article, Illustration330 2005-01-24 11 Who will fill his shoes? NYT [WASHINGTON] Alan Greenspan is due to retire next January, complicating the chemistry between the White House and the Fed. As speculation mounts over who will succeed Mr Greenspan, White House officials are trying to expand their listNYT - 330 words
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295 2005-01-24 11 Reuters [MANILA] The Philippine government yesterday lowered the official target for its budget deficit this year to 3.5 per cent of gross domestic product, or about 180 billion pesos (555.3 billion). The previous target of 3.6 per cent for the closely watchedReuters - 295 words
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440 2005-01-24 11 NEIL BEHRMANN - Blair to address global warming in opening session By NEIL BEHRMANN in London THE Davos World Economic Forum of global political, business and academic leaders will set the tone for 2005 economic and geopolitical debate and policies. Prospects for China, India and other Asian440 words
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289 2005-01-24 11 Reuters 1 [SAN FRANCISCO] While warning of interest rate increases ahead, the Federal Reserve on Friday suggested that those moves would not need to be at a faster pace because inflation is still contained. The Fed will be able to prevent a cheaperReuters - 289 words
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Page 11 Advertisements
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Advertisement273 2005-01-24 11 N Y °e" opportuni^ to deve,o P B Welcome to one-north. A new kind of place where scientists, a researchers and entrepreneurs will come together to exchange H A id eas and find breakthroughs that will help shape our future. H M JTC Corporation, the master developer of one-north, invites273 words
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BT-CITIBANK YOUNG INVESTORS' FORUM
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Article, Illustration686 2005-01-24 12 LAST week we presented some tips for fresh graduates when they go for an interview. This week, we look at the interview itself and give some insight into what you should do to impress your interviewer and increase the chances of landing that job. FirstIllustration:JACQUELINE PHUA - 686 words
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Article, Illustration647 2005-01-24 12 KELVIN SAM - CAMPUS LIFE Entrepreneurs Paul Chong and Kelly Kong tell KELVIN SAM about overcoming barriers in business KELVIN SAM Singapore Management University (SMU) business students Paul Chong Siang Hooi and his girlfriend, Kelly Kong Tze Yee, are the new Singaporean distributors for Yih Shiang Food Industries, a company647 words
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Article206 2005-01-24 12 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 have206 words
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Page 12 Advertisements
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Advertisement46 2005-01-24 12 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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MALAYSIA/INDONESIA
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Article, Illustration304 2005-01-24 13 Eight firms made gains of between 9.3% and 97% since listing on Jan 1 [KUALA LUMPUR] Doubledigit percentage gains on debut by fresh entrants and investor appetite for new stocks on Bursa Malaysia Bhd so far this month point to a promising304 words
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334 2005-01-24 13 Reuters. AP [BANDA ACEH] The emergency relief phase is almost over in Indonesia's tsuna-mi-ravaged Aceh, the minister in charge of the province said yesterday. Alwi Shihab, Indonesia's chief social welfare minister, said that, moving ahead, civilian relief workers would be of more use than foreignReuters.; AP - 334 words
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Article, Illustration643 2005-01-24 13 S JAYASANKARAN - MALAYSIA INSIGHT You can tell from listening to the fishmongers S JAYASANKARAN KL Correspondent IS the much vaunted "bull run" an oxymoron? An oxymoron, dear friends and neighbours, isn't an intellectually challenged person hyperventilating. Neither is it George Soros under643 words
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Article, Illustration584 2005-01-24 13 [KUALA LUMPUR] The timber industry is at the early stage of a boom. Timber prices are expected to remain firm because of the recovery in the Japanese economy and a pick-up in the housing sector, Malaysian newspaper The Star reported. It citedFILE PHOTO - 584 words
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Article1436 2005-01-24 13 The stock recommendation is the average of all the recom- Number forecast Median mendations submitted by analysts following the stock. There RECOMMENDATION of EPS PE t£S is a total of 29 brokers submitting recommendations but not COMPANY This Week/Last Week Estimates (S) (times) ft) every stock is1,436 words
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GREATER CHINA/INDIA
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513 2005-01-24 14 It may detach the savings network to create the country's fifth-largest bank [BElJlNG] China's government is stepping up efforts to reform its huge postal savings system in a process expected to lead to the creation of the country's fifth biggest bank, according to513 words
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314 2005-01-24 14 Reuters [LONDON] Indian state oil and gas company ONGC is optimistic it would get a slice of the oil assets of embattled Russian firm Yukos and win participation in Russian oil fields. ONGC chairman Subir Raha said his company was in talksReuters - 314 words
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445 2005-01-24 14 IHT [MUMBAI] After a roller-coaster ride last year, India ended the year on a high note. Domestic stock markets reached new highs, foreign institutional buying increased and the rupee recovered strongly. Will 2005 be another record-breaking year for India funds?IHT - 445 words
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Article, Illustration692 2005-01-24 14 Reuters [HONG KONG] After five sometimes-turbulent years marked by asset sales and management battles, conglomerate First Pacific Co Ltd is positioned again to make acquisitions. Managing director Manuel Pangilinan, armed with about US$2OO million in cash after a debt sale recently, vows to be prudentReuters; AFP - 692 words
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Article, Illustration484 2005-01-24 14 AFP. Bloomberg [NEW DELHI] Prime Minister Manmohan Singh, urging Indian entrepreneurs to think "big", has promised to remove the "barriers to growth". Addressing chief executives from top Indian companies on Saturday, the prime minister said the government would remove barriers toAFP.; Bloomberg; AP - 484 words
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Page 14 Advertisements
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Advertisement18 2005-01-24 14 TODAY IN Prices of over 30% of stocks lower than n6t tangible assets For Subscription call 6388 383818 words
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ASIA-PACIFIC/WORLD
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Article, Illustration531 2005-01-24 15 Federated may also be interested only in May's Marshall Field's chain NYT [NEW YORK] Two years after merger talks fell apart between Federated Department Stores and May Department Stores, the former is once again taking a look at May. Although the two largest departmentNYT; BLOOMBERG - 531 words
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Article, Illustration442 2005-01-24 15 WHO confirms two Viet brothers were infected with virus Reuters [HANOI] The World Health Organisation has raised the spectre of human-to-hu-man transmission of the deadly avian influenza. The warning was issued after it was confirmed that two Vietnamese brothers had contracted the virus andReuters; ATP - 442 words
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392 2005-01-24 15 LAT-WP [ATLANTA] Rewards for investing in some of the big-name, ethics-driven mutual funds were very good last year. On the other hand, the reward for investing in the Vice Fund which puts its money into just what youLAT-WP - 392 words
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275 2005-01-24 15 Reuters INAPA, California! Calpers, the United States' largest pension fund, will press corporations to trim executive pay but will take a less combative approach this year, a prominent board member said. Roard member and California state Controller Steve Westly, who last yearReuters - 275 words
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149 2005-01-24 15 Bloomberg (SAN FRANCISCO] While most investors focus on mutual fund track records when choosing where to invest, the record of the fund's manager is a better indicator of future performance, said a guest on PBS's Wall Street Week With Fortune show. "Fund firmsBloomberg - 149 words
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364 2005-01-24 15 NYT. Bloomberg LONDON The European arm of the buyout firm Hicks, Muse, Tate Furst has split from its US counterpart and plans to change its name as it seeks to distance itself from the less successful operations across the Atlantic. "The governanceNYT.; Bloomberg - 364 words
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Page 15 Miscellaneous
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Miscellaneous275 2005-01-24 15 CRYPTIC CROSSWORD 7 A salesman <197 > one feed- |7j"~|j" into convenience Hf IHI jH| Bfl MR 10 Nothing is dumped beside ii the German waterway (4) >, 1 Soldier and medico in council -LmJ Lh Imm Came down before time with |mb— lines learned (8) 5 Boy pinching girl275 words
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AVIATION
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479 2005-01-24 16 They may launch operations in a few months as new rules lower bar AFP [BEIJING] China's fledgling private airline industry could take off in the first half of this year, using busy holiday travel seasons to launch their services, state media said yesterday.AFP - 479 words
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Article, Illustration769 2005-01-24 16 AP. AFP [NEW YORK] (AP) Hundreds of flights were cancelled and fleets of road plows were on the streets as a paralysing snowstorm barrelled out of the Midwest and spread across the Northeast with a potential for up to 51 cm ofAP.; AFP; REUTERS - 769 words
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215 2005-01-24 16 Bloomberg [FRANKFURT] Deutsche Lufthansa, Europe's third-largest airline, expects to add to capacity this year in line with worldwide air traffic growth of between 5 per cent and 6 per cent, chief executive officer Wolfgang Mayrhuber said. "We're prepared, we're flexible" enough to handleBloomberg - 215 words
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524 2005-01-24 16 VEN SREENIVASAN - Players will attend conferences on tourism, LCCs By VEN SREENIVASAN (SINGAPORE] Hundreds of aviation industry players and the media will gather in Singapore this week for the Asia Pacific Middle East Aviation Tourism Outlook 2005 Conference and the 2nd Annual Asia Pacific Low Cost Airline524 words
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140 2005-01-24 16 AFP [KATHMANDU] A special court has sentenced the former chairman of Royal Nepal Airlines to two years in prison and fined him nearly 20 million rupees (*****,450) for corruption, a legal source said. The anti-graft court sentenced Ramagya Prasad Chaturbedi on Friday finding that heAFP - 140 words
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Article2102 2005-01-24 16 CITY RJCHT ETA FUttUT UP frmUmt AC9951 0630 LH9765 1405 «BS 8A7302 2215 u8T% §2 JSS uwn 181 NZ4678 15 Of5 2255 »nfr<M so323 0615 GA974 0130 LH9764 1620 NM679 2305 KL837 1450 KL838 2255 5Q325 1620 5Q2000 2305 SQ324 2345 8A7306 1755 A?99S0 2350 Athens2,102 words
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SHIPPING
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Article, Illustration1341 2005-01-24 17 LNG SHIPPING While the company believes gas is the future, analysts are sceptical about its tanker orders without securing contracts Bloomberg JOHN Fredriksen, chairman of Golar LNG Ltd, has wagered US$l.l billion on liquefied natural gas since 2001, buying seven LNG tankers with- out firstBloomberg; FILE PHOTO - 1,341 words
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Article, Illustration444 2005-01-24 17 AFP [LONDON] Some 1,400 disgruntled travellers who paid huge sums for a round-the-world cruise finally left the luxury liner Aurora after it limped back to an English port on Friday and its much-touted tour finally called off. Following a 10-day delay and twoAFP - 444 words
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379 2005-01-24 17 DONALD URQUHAKT - By DONALD URQUHAKT [SINGAPORE] Hyundai Heavy Industries Co (HHI) has won an order from China's largest container shipping line, Cosco, for four ul-tra-large 10,000-TEU box ships the largest ever built with the Korean yard saying it has already designed a 12,000-TEU379 words
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Article287 2005-01-24 17 SGX tm» g W- Vel CH Offshore .0.40 -0.01 497 ChuanHup. 0.69 -0.01 5S7 Cosco Corporation 1.29 unch 5074 CWT Distribution .049 0.01 168 Ezra Hid®..... 1.08 -0.03 296 Freight Unks 0.10 0.01 IBS Grand Banks Yacht ...1.00 unch 410 J»ra Holdings 1.07 0.04 3164 KT Venture J27287 words
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229 2005-01-24 17 Bloomberg [NEW YORK] Tsakos Shipping and Trading, a closely held entity controlled by the Tsakos family of Greece, has paid US$9O.3 million so far for cleaning up after a tanker under its management spilled 265,000 gallons of crude oil into the Delaware River inBloomberg - 229 words
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Page 17 Advertisements
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Advertisement152 2005-01-24 17 f** 1800 299 M 22 K U: ■oticCT»»pb.com.fi SOUTH EAST ASIA AND SOUTH ASIA AUSTRALIA TRADE FACILITATION AGREEMENT NOTICE TO TRADE PEAK SEASON SURCHARGE (PSS) The following Lines in the South East Asia and South Asia/Australia Trade Facilitation Agreement wish to inform the trade that they have decided to remove152 words
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Article10248 2005-01-24 18 STRAITS TIMES INDEX STOCKS trn+mm m o»m a—i wt m aw a— A*ynSOc OJl 1.140 -0J10 NOt 2-17 1120 »U.»muM0c 04* 1.090 -0-030 OCBC 9»1 13,700 -a 100 C*pKMjrd Z*m -0020 Pirtwwy H 25c ttTO 1550 «QjQ10 ChTI WroCond 2fc QlTI 0.9M -Q pg People s Food HOOt10,248 words
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FINANCE & COMMODITIES
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Article3071 2005-01-24 19 MORGAN STANLEY CAPITAL INTERNATIONAL INDICES tn local a»r In St HUB H dy yr %dy yr fly *y» Jani1 Chang* Ch«ng« Chum Ch«np« Chmng* Ch»ng« Wnld mdg fttfannaiy 837.7 ai 7j6 02 54 OJ #J WtffcftrihMV 7693 00 07 01 15 02 13.7 Ejroptfttfciwwy 1062jQ 01 9 7 0.2 963,071 words
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Article927 2005-01-24 19 COMMODITIES: WEEKLY ROUNDUP AFP [LONDON] Oil prices flirted with US$5O a barrel in New York last week amid freezing temperatures in the United States, while markets worried about a possible further output cut from Opec later this month. Among soft commodities, sugar reached the highest levelAFP - 927 words
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Page 20 Advertisements
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Advertisement1608 2005-01-24 20 IIVBSfI I VOY IWG ETA 5M| LONG EACH I DALLAS I HOUSTON IMWHK |OitAGO|NtWYOM TO AUSTRALIA (AUSTRALIA ASIA EXPRESS ll I OOCL ROTTERDAM 09E04 OMfT 26/01 11/02 17/02 18/02 16/02 W 1 OOQNINCBO 07E05 01/02 02*12 18/02 2V02 25/02 2V02 23M 2V02 Sr JUS« _H6 «l ME STB m AM1,608 words
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Advertisement76 2005-01-24 20 UK CONTINENT SERVICE Loadng for OCEAN ISLAND RTM/ATWAJK LOK PRATAP RTM/ATW/BM NAJ K/NAN Loads Singapore. E-/W Malaysia. Indonesia MIDDLE-EAST SERVICE Loading for BAO LONG MEN ADN/HDD/JDH PAN BRIGHT DBI/ABU/DOH/BRN/DMM/KWT LOK PRATIMA DBI/ABU/KWT/BDK •Loads Singapore. E7W. Malaysia. Indonesu USA SERVICE Loading for HANJIN TAMPA VCW/VCB/LAX/MZL "Loads E7W Malaysia. Indonesia F.E./S.E.A. SERVICES76 words
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Advertisement835 2005-01-24 20 [IWIfRASIA KOtO StRVKI vgsa/vor mroro jjjfijjjjjja to «hub I sw I ~~if 1 !c W/01 ?VOI 27/01 30/01 ~w JIMTS VENTURE 03/05 1$ 3.2 03/02 05/02 10/02 13/02 15/07 IsiunswnußiMi I »m iw iw g« iw IWiST AtlA/MNOAL RORO «VI vksb/vot iwffT) hochtw |yw m urn ■MTTliin —kg hcw cgp835 words
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THE BUSINESS TIMES SHIPPING TIMES
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BizIT
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Article, Illustration793 2005-01-24 25 RAJU CHELLAM - <cool stuff> Making the final movie is easy. But the hard part is to do with your hard drive and the motherboard, as RAJU CHELLAM finds out RAJU CHELLAM ONCE upon a time which is a couple of years ago793 words
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259 2005-01-24 25 Reuters (HELSINKI] Worries about a looming seasonal drop in handset demand for Nokia mounted last week following strong results but muted outlooks from rivals Motorola and Sony Ericsson. Motorola reported a 34 per cent rise in Q4 earnings on Tuesday and saidReuters - 259 words
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<what's new>
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Article61 2005-01-24 25 DELL Inc has introduced its new notebook, the Inspiron 6000, with enhanced multimedia capabilities and advanced productivity features. The system comes with Intel's new 915GM chipset, Intel's Graphics Media Accelerator 900, a 15.4 inch widescreen format, and runs on either the Intel Celeron M or the61 words
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Article70 2005-01-24 25 FUJI Xerox Printers has launched a new high-end A3 monochrome network laser printer, the Phaser 5500. It can handle 50 pages per minute and is powered by a 500 MHz processor with a base memory of 128 MB. The $5,799 device is the first Phaser70 words
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Article58 2005-01-24 25 CHECK Point Software has unveiled its first SSL VPN (secure sockets layer virtual private network) solution called Checkpoint Connectra 2.0. The company said the solution comes with an integrated anti-spyware, secure browser, host checking and real-time security updates in a unified Web solution. Prices start58 words
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Article69 2005-01-24 25 MCAFEE Inc has announced the availability of McAfee Entercept 5.1, a new version of its host intrusion prevention solution. It is designed for businesses for all sizes and can scale across the enterprise, from laptops and desktops to servers. The McAfee Entercept Small Business Pack for customers69 words
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Article84 2005-01-24 25 US-BASED Agere Systems has announced a complete chipset for developing small disk drives for use in portable consumer electronics such as in music players, digital cameras, mobile phones, PDAs, notebook PCs and other devices. The True Store CE (consumer electronics) chipset includes read-channel, preamplifier, motor84 words
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Article52 2005-01-24 25 CAROLYN QUEK - Compiled by CAROLYN QUEK FLUKE Networks has launched its new OptiView DS3/E3 WAN Analyzer. It helps maximise bandwidth investment, troubleshoot link performance issues and monitor suspicious network activity. It does this by providing data that optimises traffic over WAN connections. It costs $30,412. Visit www.Jlukenetworks.com52 words
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Article, Illustration803 2005-01-24 26 AMIT ROY CHOUDHURY - It plans to use Singapore's central location to drive growth in Asia By AMIT ROY CHOUDHURY SINGAPORE'S central location in Asia, legal system and availability of talent have prompted software company SSA Global to start the process of shifting its Asia-Pacific (including Japan)803 words
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219 2005-01-24 26 Reuters [SAN FRANCISCO] Transmeta Corp, a once-hot Silicon Valley startup that has never turned a profit, last week began its second shot at finding a lucrative market for its microchip technology, saying it would fire some or most employees and license its intellectualReuters - 219 words
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321 2005-01-24 26 Reuters [SAN FRANCISCO] Might the Mac mini mean a bigger bite of the PC market for Apple Computer Inc? That's the hope of Apple whose approximately 100 US retail stores opened an hour early on Saturday as the highly toutedReuters - 321 words
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<what's up>
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59 2005-01-24 26 INFORMATICS has launched a new diploma course in gaming and animation. The programme is designed to provide a hands-on approach to gaming and animation, with a specialised lab available for training. The course will cover computer graphics, sound editing, 3D modelling, animation and programming for59 words
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Article53 2005-01-24 26 SALES of Sun Microsystems' Star Office 7 office productivity suite increased by 45 per cent in November and 75 per cent in December in Singapore, the company said. The software offers word processing, spreadsheets, presentation manager, drawing and database capabilities and competes. with53 words
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Article70 2005-01-24 26 SINGNET has launched its new Broadßand 3500 kbps Unlimited Plan targeted at residential customers. The plan allows home users to surf simultaneously and enjoy high-bandwidth activities such as video streaming and music downloads. It comes with free music downloads, video-on-demand and games. Sing Net has also upgraded70 words
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Article33 2005-01-24 26 THE enterprise mobility firm Symbol Technologies Inc has appointed Mike Muller as the vice-president of its sales leadership team for the Asia-Pacific. He will be based in Singapore.33 words
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66 2005-01-24 26 LIZA LIN - Compiled by LIZA LIN THE Project Management Institute (PMI) will hold its first PMI Global Congress 2005 for the Asia-Pacific region from Feb 21 to 23 in Singapore. A highlight of the conference will be a Tsunami Reconstruction Panel Discussion, which will address66 words
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Article, Illustration934 2005-01-24 27 DAVID PARKER - <you say> IT execs are finding that application lifecycle management plays a key role in enabling good corporate governance DAVID PARKER ONE by-product of the increasing globalisation of the world's economies is the requirement for added transparency in corporate operations. Since the economic crises of the late934 words
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Article, Illustration381 2005-01-24 27 Bloomberg [MUMBAI] Indian software and call-centre companies were the biggest job-creators in the country in the past two months, according to the Associated Chamber of Commerce and Industry of India. About 45 per cent of the 7,558 job ads in newspapers and websitesBloomberg; AFP - 381 words
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422 2005-01-24 27 RAJU CHELLAM - By RAJU CHELLAM AS testimony to a continuing downturn in the semicon sector globally, North America-based manufacturers of chip-making equipment posted lower levels of bookings and billings in December as compared to November and October 2004. Their counterparts in Japan, however, were more positive422 words
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456 2005-01-24 27 Looming prospect of sharp price fall by mid-year Reuters [TAIPEI] Taiwan's top memory chip makers, Powerchip and Nanya Technology, are expected to post solid quarterly profits this month, but looming over the sector is the prospect of a sharp price slide byReuters - 456 words
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192 2005-01-24 27 Xinhua [SHANGHAI] China's first ever home-made digital TV chip "Zhongshi No 1" passed technical appraisal by experts from the Chinese Academy of Sciences and Chinese Academy of Hngineering last weekend. The chip, which integrates more than 70 memory units, two million logicXinhua - 192 words
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236 2005-01-24 27 Reuters [CANNES, France] The global music industry is fighting a determined war on piracy, suing thousands of persistent violators from teachers to managing directors, its trade association said. "None of this makes us feel wonderful," John Kennedy, chairman and CEO of the International FederationReuters - 236 words
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Article, Illustration586 2005-01-24 28 RAJU CHELLAM - BT exclusive It has moved its Asia-Pac and Japan HQ to S'pore, and will offer Linux courses at 4 polytechnics this year. RAJU CHELLAM reports RAJU CHELLAM THE world's leading supplier of Linux software, US-based Red Hat Inc, is on a roll586 words
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Article, Illustration393 2005-01-24 28 RAJU CHELLAM - By RAJU CHELLAM APART from large businesses and government agencies which are looking at Linux as an alternative to the various flavours of Unix, many SMEs (small and medium enterprises) are also keen on going the Linux way, says a new study by New York-basedSource: AMI Partners Inc - 393 words
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476 2005-01-24 28 AMIT ROY CHOUDHURY - By AMIT ROY CHOUDHURY SINGAPORE'S market for packaged software is set to grow at a slower 5.7 per cent this year, as against 8 per cent last year, in tune with the Asia-Pacific region outside of Japan, where the476 words
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Advertisement702 2005-01-24 26 \ot ices IB IN THE MATTER OF THE COMPANIES ACTjCAP. 50,1964 Ed) IN THE MATTER OF PUNAt ASIA PTE LTD (to Creditors' VWuntory UwUtoton) (Company Reg. No. *****5658W) NOTICE OF RESOLUTION Al an ExtraonJintiy General Meeting of the mwntoeu of the abovenamed Company duly -convened and held at International Factors702 words
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Advertisement601 2005-01-24 26 IN THf MATTER Of THE COMPANIES ACT, CAR SO AND IN THE MATTE* Of CHANG! INTERNATIONAL LOGISTICS CENTRE LTD (111 Msmbsn' Voluntary Liquidation) Company RO9. No. *****0915E NOTICE OF RESOLUTIONS At an Extraordinary Genaral M««ting of lit* Company held at CIAS Building SO Airport Boulevard Singapore *****8 on th» 15th601 words
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Advertisement603 2005-01-24 26 IN THE MATTER OF COMPUTERVtSION ASIA PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) REGISTRATION NO. *****1343R NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50, that a Final General Meeting of the members of the abovernpntioned Company will be held at 10 Coltyer Quay, #21-01 Ocean603 words
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Advertisement173 2005-01-24 26 IN THE MATTER OF THE COMPANIES ACT (CAP 50) AND IN THE MATTER OF UNITED SECURITY CONSULTANTS (S) PTE LTD CoßegnNo: *****1353E (In Creditors' Voluntary Liquidation) NOTICE OF RESOLUTION At an Extraordinary Ganaral Meeting of the Company held at Palme Room 2nd Floor Lion City Hotel 15 Tanjong Katong Road173 words
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Advertisement573 2005-01-24 26 Xo/iccs HAW PAR CORPORATION LIMITED (Incorporated in Singapore) (Company. Reg. No. *****0437 M) LOST 3HARE CERTIFICATES The undermentioned there certificates have been reported lost, mislaid or deetroyed:CeUMliato Noa. In »a Kama at No. ot Bharee *****07 Mohd Rami B Ismail 1 500 *****35 1 xlOO *****71 1 x 60 NOTICE573 words
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Advertisement22 2005-01-24 26 f 6 o C.A.T.S. hotline at 1 car? isoo-289-9988. I I fl I Buy It. Sell It. Hnd It 2 J ■mmwmmmmhhmnmmhmhmhhhmhhl22 words
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Advertisement153 2005-01-24 27 8...10 HR professionals is reputable for its Curriculum, citing their positive ftncounters with Curtin^graduates. Source. A questionnaire conducted by SHRI on HR Practitioners' views on fflk 6^LKat qualifications f HR (»W Master of Human Resource Mgt 18th Intake Bachelor of Commerce (HRM IR) 22nd Intake Bachelor of Commerce (Mgt HRM)153 words
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Advertisement36 2005-01-24 28 I HOW OFTEN CAN YOU GET THEM GLUED TO YOUR I "PRESENTATION THIS WAY? I 2»' m ITAC HI Inspire the Nevt PrGSGntStiOFl Sti fTI U 1310TS i' .'l l ..T J 1 if >'S MHB36 words
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Advertisement11 2005-01-24 28 E*»3 FROM SYDNEY TO S'PORE SSA Global shifting regional HQ pg2611 words
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