The Business Times, 25 April 2005
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2005-04-25
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The Business Times
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Title Section16 2005-04-25 1 THE BUSINESS TIMES Monday April 25,2005 SINGAPORE 85 cents online at http://business-times.asial .com.sg MICA (P) 089/03/200516 words
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Article, Illustration831 2005-04-25 1 SHOEB KAGDA - The two sides will aim for conclusion in just one month, says PM Lee Bv SHOEB KAGDA in Bandung DESPITE the presence of one or two outstanding issues, Singapore and India will work towards concluding the Closer Economic Cooperation Agreement (Ceca) within just oneCHEW SENG KIM/ST - 831 words
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642 2005-04-25 1 PAULINE NG - Move intended to facilitate trade by foreign brokers By PAULINE NG in Kuala Lumpur RELIEF could be on the way for Singapore and foreign brokers who find the current Malaysian settlement system for share trading to be cumbersome. With the stock exchanges642 words
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Page 1 Advertisements
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Advertisement95 2005-04-25 1 HH Epson aims for 10% growth PG 32 I Jlk mam i Ppiwjj^^ Dig into dim sum delights while Dining Out with UOB Credit INTEGRATED RESORTS S'pore bosses say their say BlancfaiN MANUFACTURE DE HAUTE HORLOGERIE Francis Ford Coppola. Exclusively at: The world's thinnest I 1 and only self-winding Tourbillon95 words
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Advertisement10 2005-04-25 1 POWER OR CONVENIENCE Latest digital cameras tested BEIT, PG 2910 words
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Advertisement10 2005-04-25 1 HOCK LOCKSIEW Creative foils to live up to expectations pgs10 words
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Advertisement16 2005-04-25 1 INTERVIEW Nobel Laureate upbeat on the worid T^j Markets Digest on Pg2 nm 8 *****1 *****416 words
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TOP STORIES
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Article551 2005-04-25 2 Nobel laureate upbeat on global economy WINNER of the 2002 Nobel Prize for economics Vernon L Smith does not think there's any imbalances in the current world economy that could escalate into a crisis. "There's a lot of reason to be optimistic," he says, noting that from 1970551 words
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Article, Illustration753 2005-04-25 2 DANIEL BUENAS - Number of people discharged from bankruptcy rose 40% in Q1 By DANIEL BUENAS (SINGAPORE] There is some heartening news on the bankruptcy front. In the first quarter of this year, the number of people in Singapore discharged from bankruptcy rose by 40.3 per cent753 words
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Article111 2005-04-25 2 MARKETS Week Chge STI .2136.91. -13.32 KLSE COMP 877.78 +3.53 NIKKEI 225 *****.95 -324.74 HANG SENG *****.55 +54.80 SET INDEX .677.25. -21.03 JAKARTA COMP ...1047.80 -48.72 MANILA COMP ....1868.13 +4.07 TAIPEI TAIEX 5747.09 -141.28 SEOUL COMP 940.79 -6.43 SHENZHEN B .250.73 -14.86 AUST ALL ORD 4009.60 +16.40 DOW111 words
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Article, Illustration1101 2005-04-25 3 TEH HOOI LING - Vernon Smith sees no imbalances that could lead to world economic crisis By TEH HOOI LING [SINGAPORE] Winner of the 2002 Nobel Prize for economics Vernon L Smith does not think there's any imbalances in the current world economy that could escalate into aCHRIS LOH - 1,101 words
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Page 2 Advertisements
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Advertisement255 2005-04-25 2 0 Bjn mf*n (Iji■ CffSl |7M7^yl^i^w3T|T|^^i "1 /Vn we'eksf Ji natural herbs." £!i en Beijing 101 A satisfied weeks!" problems, I Cassandra See 19fe y TV Actress TttPnce Cao As^sfM Mta«loldta« A satisfied *~W' Beijing 101 client T^ i Beijing 101 success has received wide coverage in major Hair Loss,255 words
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Advertisement300 2005-04-25 2 Take the next step with an MBA it V mii' f* {*fe. hi Who should embark on an MBA: m %sj Professionals, managers, executives and businessmen m who want to broaden their understanding of how functional f areas within a business inter-relate in a global t <|p r! A Technical300 words
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Page 3 Advertisements
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Advertisement30 2005-04-25 3 cfftr I French Fine Dining Since 1991 UK 83, Duxton Road, Singapore *****0 Restaurant Tel: 6327 8318 Bar Lounge Tel: 6327 5401 Email: theeagle@laigledor.com.sg The Eagle at Duxton Pte Ltd30 words
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Advertisement133 2005-04-25 3 We are honoured to receive Euromoney's recognition of our leadership in private banking. It testifies to our commitment to clients and excellence in wealth management. We look forward to continue being the trusted partner of our clients in Singapore as they think about future generations. To have your own dialogue133 words
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Page 4 Advertisements
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Advertisement1714 2005-04-25 4 WBL Corporation Limited Wearnes International (1994) Limited (Incorporated in Singapore) (Incorporated in the Republic of Singapore) (Company Registration No. *****0028Z) (Company Registration No. *****1132 D) JOINT ANNOUNCEMENT PROPOSED SCHEME OF ARRANGEMENT TO PRIVATISE WEARNES INTERNATIONAL (1994) LIMITED 1. Introduction 1.1 Scheme. The respective directors of WBL Corporation Limited ("WBL") and1,714 words
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Advertisement1407 2005-04-25 4 7. Rationale for the Scheme The Company has not raised funds through the equity capital market since 1994 and does not anticipate that it will need to do so in the foreseeable future. The costs associated with maintaining the Company's listed status need to be considered in this context. The1,407 words
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COMPANY NEWS
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Article, Illustration437 2005-04-25 5 CHEN HUIFEN - Biosensors Int'l launches IPO of 185m shares to realise ambition By CHEN HUIFEN SINGAPORE may soon make a name for itself in the medical devices field, if the Biosensors International Group has its way. The homegrown stent specialist is gearing up to437 words
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198 2005-04-25 5 EDUCATION provider Auston International has appointed Myca Tan Eng Kee its acting chief financial officer effective April 21, the same day Koh Lian Sum quit as financial controller. Ms Koh had also been Auston's joint company secretary. Replacing her in this capacity is the group's chief198 words
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Article645 2005-04-25 5 COMPANY MEETMG PLACE DATE TIME King's Safetywear A Level 4, Raffles City Convention Centre, 2 Stamford Road 26-Apr 4.00pm CSE Global A 3 Temasek Boulevard #05-001, Suntec City Mall 26-Apr 3.00pm Excelpoint A 25 Marine Parade Road, Parawave, Level 4 26-Apr 3.00pm Sing Lun Hldgs A 30 Marsling645 words
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749 2005-04-25 5 WONG WEI KONG - HOCK LOCK SIEW By WONG WEI KONG CREATIVE Technology has and not for the first time failed to deliver on its own hype. There was much fanfare last November when Creative Technology chief Sim Wong Hoo declared war in the MP3 market749 words
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Article, Illustration1378 2005-04-25 7 ROBERT HALILI - INSIDE MARKETS 19 firms record 35 acquisitions worth $27.8 million while six post 12 disposals worth $7.5 million, ROBERT HALILI reports ROBERT HALILI DIRECTOR and substantial shareholder sentiment was positive for the ninth consecutive week with buyers outnumbering sellers in every category. There were 19 firms that1,378 words
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Article, Illustration580 2005-04-25 9 KALPANA RASHIWALA - It will likely take up under 100.000 sqft and possibly two mall levels By KALPANA RASHIWALA AFTER a long hiatus in new department store openings, homegrown retailer CK Tang is considering setting up one at the Vivo City mall in the Harbour Front area,580 words
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Article, Illustration1142 2005-04-25 9 TEH HOOI LING - TEH HOOI LING Senior Correspondent Despite a veiy turbulent week. aD but ooe of our portfolios ended firmer and beat both the Straits Times index (STQ and theUOßSesdaq Index. For the week to Friday, the STlsbd 0.6 per cent white the1,142 words
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Page 5 Advertisements
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Advertisement111 2005-04-25 5 GIVE IT A WHIRL NOW OPEN There's excitement in the air at new Cafebiz at Traders Hotel. You will feel it the minute you walk in as Asian, W Churrasco and Western are up before for a power all-business lunch or a dinner for it's all happening at Cafebiz. How111 words
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Page 6 Advertisements
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Advertisement646 2005-04-25 6 JBST— Tp; t ft,' jjp Njfl| jk JMS| ft BIOSENSORS 4 INTERNATIONAL Biosensors International Croup, Ltd. (Incorporated with limited liability in Bermuda on 28 May 1998) (Bermuda Company Registration Number: EC*****) Offering in respect of 185,434,000 Offering Shares (subject to the Over-allotment Option, as defined in the Prospectus dated 22646 words
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Page 7 Advertisements
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Advertisement54 2005-04-25 7 Fresh jobs everyday our newspapers for a set ofjobs everyday! \lM4Xhki EXCEPTION S WATERMAN PARIS Available at CK Tang Robinsons CentrePomt Robinsons Raffles City Seiyu Dngis Junction. Takashimaya and selected pen retailers /wVr\ Exclusive Distributor Beste (S) Pte Ltd 6 Tagore Drive #03 04 Tagore Industrial Building Singapore *****3 Tel54 words
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Advertisement246 2005-04-25 7 <AGL AusGroup Limited AusGroup Limited (Incorporated in Singapore on 9 October 2004) (Company Registration N0.*****3014R) Invitation in respect of 52,000,000 Invitation Shares of 550.05 each comprising 45,000,000 New Shares and 7,000,000 Vendor Shares as follows:(1) 2,000,000 Offer Shares at 550.22 for each Offer Share by way of public offer; and246 words
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SINGAPORE MARKETS
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Article, Illustration639 2005-04-25 8 R SIVANITHY - STOCKS R SIVANITHY Senior Correspondent AKE no mis- Sill ta^e about it, II Mat this is a danI m M I B erous market jj I to operate in. just on Wall Street but also here and throughout this region. You have a US market639 words
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509 2005-04-25 8 CURRENCIES AFP [HONG KONG] Asian currencies rose against the US dollar over last week, with concern over the United States' economic performance weighing on the US unit. Japanese yen: The yen climbed to its highest level in about a month againstAFP - 509 words
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Article, Illustration432 2005-04-25 8 OTHER SINGAPORE INDICES Apr 22 VALUE CLOSE BT OB/OS -465.00 -130.00 BTCAPI -*****.00 +15.00 BT 10-day MA -*****.00 -46.00 All-SG Equities 550.26 -0.41 SG Equities Elect 133.31 +1.59 SG Equities Fin 1619.36 -4.93 SG Equities Prop 560.17 +2.49 SIMSCI 252.33 -0.56 SiMSCI Futures 251.70 -0.60 MOST ACTIVE STOCKS VOLUME UniFiber432 words
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893 2005-04-25 8 COMMODITIES: WEEKLY ROUNDUP AFP [LONDON] World oil prices rebounded strongly last week as supply fears resurfaced following a drop in US crude inventories and refinery problems across the United States, amid data revealing sharp economic growth in China, a major consumer of commodities.AFP - 893 words
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Article96 2005-04-25 8 Legend: (TE) Tax Exempt (N) Net Of Tax; (TA) Tax Not Applicable;(F) final; (I) Interim; (S) Special; (Q) Quarterly; (a) Bonus; (b) First and Final; (c) Second and Final; (n)Fully franked; (r) Final with Scrip Div Option; (t) final with scrip alternative; (v) Special Tax Exempt (One Tier),96 words
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Article47 2005-04-25 8 Investor events to watch out for Armstrong Ind, AGM, Apr 25 Cathay Organisation, AGM, Apr 25 SHC Capital, AGM, Apr 25 Ocean Sky, AGM, Apr 25 Sinomem Tech, AGM, Apr 25 Europtronic Grp, AGM EGM, Apr 26 Teledata, AGM, Apr 26 Asiatravel.com, EGM, Apr 2647 words
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Page 9 Advertisements
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Advertisement64 2005-04-25 9 1 1 't': s iearc °f Coutts. X 0 SINGAPORE COUTTS IS THE TRADING NAME OF COUTTS BANK VON ERNST LTD, A LIMITED LIABILITY COMPANY INCORPORATED IN SWTT2ERLANO. THtS ADVERTISEMENT tS NOT MTENDED AS AN OFFER OR SOLICITATION TO ENTER INTO A TRANSACTION. COUTTS ACCEPTS NO UABNJTY FOR ANY DWECT64 words
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VIEWS FROM THE TOP
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Article, Illustration2345 2005-04-25 10 THIS WEEK'S TOPIC How do you, as a CEO and a Singaporean, feel about the proposed integrated resorts? THE integrated resorts intend to offer a variety of entertainment activities and services, of which gambling is but one part. There are relevant social concerns raised with allowing2,345 words
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Page 10 Advertisements
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Advertisement70 2005-04-25 10 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. Each week, we will invite comments from these top executives70 words
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Advertisement20 2005-04-25 10 HAVEYOUR SM 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 NEWS
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Article, Illustration550 2005-04-25 11 Top on list is raising of age limit on use of Medisave for medical insurance HEALTH Minister Khaw Boon Wan yesterday disclosed a slew of proposed changes for the Medisave and Medishield schemes, most imminent of which was to allow Medisave funds to beASHLEIGH SIM/ST - 550 words
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Article233 2005-04-25 11 DATE/ TIME EVENT VENUE 26-27 Apr ATA Tanker Conference Grand Hyatt Hotel, HiSam 2005 biscus Room, Level 3 27 Apr EAI Seminar on Urbanisa- EAI Conference Room, 3.30pm tion in Guangdong: Status, Blk AS5, Level 4, NUS, Problems and Institutional 7 Arts Link Factors 27-29 Apr Conference on233 words
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459 2005-04-25 11 RONNIE LIM - ExxonMobil's green light could come as early as this week By RONNIE LIM ALL signs now point to a go-ahead for two new multi-billion dollar petrochemical cracker investments here by ExxonMobil and Shell, with ExxonMobil likely to press the OK button any time459 words
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Page 11 Advertisements
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Advertisement319 2005-04-25 11 Singapore Human Resources Institute 40 th Anniversary Celebration Seminar TKT?S7rL SHIFTING REALITIES: Cfig>\rJj x IG BMSSIVJ KgyffALlag QHSAfIiSAfM For details, please visit www.shrl.org.sg or contact Ms Faliiah at 6438 ***** email: HR-Bus!riess&xchange@sHH.org.&g conducted BY DR. MICHAEL JOHN MAWDESLEY DR. VICKIMYSON THEVENORAN Dinctor, Sottinghui Ctntrt for Infrastnctm, UK Ms Sptms Mmgmtnt319 words
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DINING OUT
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Article, Illustration724 2005-04-25 12 CHEAH UI-HOON - The makeover has injected a livelier buzz, says CHEAH UI-HOON CHEAH UI-HOON TRADERS is the latest hotel to renovate and upgrade its "coffee house" outlet, hot on the heels of hotels like Grand Hyatt and Shangri-la which opened Straits Kitchen and The Line respectively724 words
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Article, Illustration1737 2005-04-25 13 The choices are mind-boggling. But the bottom line is, dim sum is a lot more than just siew mai and har gau Wan Hao Marriott Singapore, 320 Orchard Road. Tel: 6735-5800 WAN Hao's sleek air of discreet elegance and refined Cantonese cuisine has made1,737 words
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Page 12 Advertisements
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Advertisement363 2005-04-25 12 H itif I filh,* fyLf *jH JH ;t jSnhancc your TifiiniM^r 1 t -IS^K BKt%'-T- >/ f! It I' P iSS»k E jM^H *|J32 addsticmat fe--'j 7 4 r^. -n, )fe-. BKf i xv/ uu rJIJu jl i JtM BL Choose from oHjsr 40 imported I cheese varieties. Includes w«Z»mifed^|^^B363 words
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Page 13 Advertisements
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Advertisement313 2005-04-25 13 Enjoy Sizzling Dining Deals. Only with Singapore's Hottest Dining Partner. 0 :$$*0' United for Growth TERMS A PONniTIOM}^ Terms and conditions of UOB Dining Privileges, as well as those of partner restaurants apply. WINE PROMOTION Minimum spend of $500 on dining (maximum of 3 charge slips for all UOB cards)313 words
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Advertisement189 2005-04-25 13 Bar Biltard, Raffles Hotel. One dines free with 2 paying adults. Applicable for dinner only. Tel: *****156 Doc Cheng's, Raffles Hotel; One dines free with 2 paying adults. Applicable for lunch only. Tel: *****156 Lingzhi Vegetarian Restaurant (Far East Square Liat Towers): One Complimentary UOB Set Menu with minimum 3189 words
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Advertisement195 2005-04-25 13 buffet with minimum 4 a la carte dinner buffet orders. Plus, enjoy a complimentary roast Peking duck worth $46+++. Valid for a la carte dinner buffet, from Mondays to Fridays only. Tel: 6533 0660 Tiffin Room, Raffles Hotel One dines free with 2 paying adults. Applicable for dinner only. Tel:195 words
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Advertisement175 2005-04-25 13 DINING OUT A sponsored series on fine dining experiences brought to you by UOB Credit Card $99.99 at The Line, valid till 31 May 2005. Max. of one The Line Cake per table billing regardless of amount spent above $99.99. Promotion is extended to Shang Rewards members only. Non-members will175 words
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BT-CITIBANK YOUNG INVESTORS' FORUM
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Article, Illustration615 2005-04-25 14 R SIVANITHY - By R SIVANITHY WNastois Sxt wiowmwl iljk of stiHwtog Iwgt IwiSk hi thaindWdudilNmtof who wants to suM# in such an I llnAiatf t Whit Aa Ami kynA»A 4tfllW uul fH WW IBVwWIB VW vmqjt Will Wn professional money managers tnt to veduct rbk on615 words
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Article, Illustration636 2005-04-25 14 KELVIN SAM - CAMPUS LIFE KELVIN SAM chats with the winning team of the Trust-Danone business strategy competition KELVIN SAM TEAM Zenith has returned after taking part in the international leg of the Trust-Danone competition held in Paris on April 6-7 this year. The team's name has636 words
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Page 14 Advertisements
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Advertisement58 2005-04-25 14 Win iPods! |fl[ Efl (jpl WATCH this space next week, when we start a month-long trivia contest where you accumulate points for correct Wr answers and win an iPod! Three iPods, V V three $200 Raffles International vouchers j j ft M and three $100 Borders book vouchers are up58 words
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Advertisement251 2005-04-25 14 Be smart with your finances FANCY becoming the next Warren Buflfett 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 have251 words
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ECONOMY WATCH
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Article, Illustration682 2005-04-25 15 JEAN CHUA - BOAO FORUM Political leaders, top execs call for cooperation, intra-regional trade By JEAN CHUA in HAINAN THE people who put together this weekend's Boao Forum for Asia were perhaps prescient when they came up with the theme: Asia searching for Win-Win: New Role682 words
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433 2005-04-25 15 Bloomberg [BEIJING] China may accelerate preparations to loosen the tie between its currency and the US dollar in response to intensifying international pressure for the change, central bank governor Zhou Xiaochuan said. "If there is more pressure from outside, it will forceBloomberg - 433 words
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345 2005-04-25 15 Reuters [KOTA BARU, Malaysia] Inflation in Malaysia is expected to double this year to 2.5-3 per cent but there is no need to raise interest rates, Malaysian Economic Planning Minister Mustapa Mohamed said on Saturday. The inflation outlook is higher thanReuters - 345 words
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558 2005-04-25 15 Bloomberg, AFP [BEIJING] Hong Kong's Acting Chief Executive Donald Tsang called on Asian governments to let their citizens buy mutual funds and bonds in each others' markets as a first step toward creating a common regional currency. A lack ofBloomberg,; AFP - 558 words
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Page 15 Advertisements
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Advertisement153 2005-04-25 15 Country Wide Distributors Required Jhaveri Industries is a highly reputed and leading Indian manufacturer of Ground Spices, Spice Blends Hing (Asafoetida), marketed under the brand name BADSHAH MASALA'. We have been recently declared as winners of the coveted and prestigious 'Mera Brand' at the CONSUMER WORLD AWARD 2004 for being153 words
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Advertisement297 2005-04-25 15 ,/ji f I <* r rimm m w L W ii-#- M A, m K j m&M'- k& 1? f Global Corporate Services Company Formation Foreign Direct Investment Virtual Offices Since 1975 OCRA Worldwide has been providing offshore incorporation and administration solutions for Asian and International businesses. We have been297 words
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MALAYSIA/INDONESIA
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Article, Illustration756 2005-04-25 16 PAULINE NG - MALAYSIA INSIGHT The spate of car-jackings has left owners of luxury cars debating their rides PAULINE NG KL Correspondent Ip hen well-heeled professionals and I m jf£ businessmen here A m v gather together H these days, talk ofmm 11 If ten turns to a newAFP - 756 words
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258 2005-04-25 16 (SINGAPORE] Malaysia and Singapore have amicably agreed to sign a settlement agreement tomorrow that will bring to an end the dispute over land reclamation by Singapore in and around the Straits of Johor, Bernama news service yesterday quoted a Malaysian Foreign Ministry statement as258 words
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114 2005-04-25 16 AFP [KUALA LUMPUR] Malaysia and Indonesia have agreed that only one warship from each country should patrol a disputed oilrich maritime area, Deputy Prime Minister Najib Razak said yesterday. The withdrawal of all other navy vessels from the area in the Sulawesi Sea off theAFP - 114 words
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Page 16 Advertisements
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Advertisement168 2005-04-25 16 jgl|| ,1 y I r S I J^ r I Hini Ies!! v g 9 v I 7 Week Special I V only Available for Buffet Lunch from 11 I I 12pm Z3O P m $29.80+++ (A), I $16.80+++ (C) and $32.80+++ (A), M $17.80+++ (C) for Buffet Dinner from168 words
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Advertisement183 2005-04-25 16 At Carlton, Secretaries' Week should be called Secretaries' Year! HWin a year full of gifts for your secretary 25-29 April. f]HR ET^, 100 Movie Passes to 'The Interpreter' to be won! flttNKi^^BE i >T<^ Treat your secretary to lunch and she may end UP Special thanks to: Inner Harmony Spa183 words
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GREATER CHINA/INDIA
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Article, Illustration1622 2005-04-25 17 TIGER TONG - CHINA INSIGHT The poor showings of China's football team and the stock markets have a common root cause, says TIGER TONG TIGER TONG Fj OOTBALL and the stock market have become the puzzles of China. After more than 10 years of development, both are at theirPHOTOS: REUTERS - 1,622 words
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358 2005-04-25 17 Reuters [NEW DELHI] India is forecasting a normal monsoon this year, which if it proves accurate, unlike last year would support domestic demand and keep economic growth over 6.5 per cent for a third year, analysts say. In the first official forecast ofReuters - 358 words
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Page 17 Advertisements
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Advertisement311 2005-04-25 17 ¥¥71 a J® _1 i i Presented Diners Club Credit Card To apply, call: «4KWM Where to wine, dine and entertain... h> rp X) U hXp FIND THE ONES i-, AP y THAT FIT! C Recruit the right people through The Straits Times > <—f~ p- 7 Recruit. Call 1800311 words
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Advertisement39 2005-04-25 17 MERITUS MANDARIN SINGAPORE v: y MULTI AWARD-WINNING MANDARIN CHICKEN RICE Come, savour Singapore's favourite dish and other delights anytime. Reservations: 6831 6291 Coffeehouse MERITUS MANDARIN t**a« 333 Orchard Road, Singapore *****7. Tel: +65 6737 4411. Fax: +65 6732 2361.39 words
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ASIA-PACIFIC/WORLD
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867 2005-04-25 18 ANDREW MARKS - WALL STREET INSIGHT Doubts over growth and inflation cloud better-than-expected Q1 earnings By ANDREW MARKS in New York ONE day Wall Street sees only wine and roses ahead. The next, it's only clouds of doom. Investors were buffeted in the crosswinds of often-confusing867 words
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Article, Illustration63 2005-04-25 18 [VATICANI The papal collar being placed on Pope Benedict XVI as he leads his inaugural Mass in St Peter's Square in the Vatican yesterday. Setting the tone for his papacy, Pope Benedict XVI yesterday urged humanity to re-discover God if it wanted to transform the world'sREUTERS - 63 words
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395 2005-04-25 18 NYT (PARISJ A "road map" towards allowing European companies to sell securities in the United States without having to revise their financial statements was hailed last week by regulators, but statements by US officials showed concern with efforts in Europe to constrain theNYT - 395 words
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244 2005-04-25 18 Reuters [MELBOURNE] US investors want the new chief of Australia's biggest phone company, Telstra Corp Ltd, to have telecommunications experience, Australian Finance Minister Nick Minchin said in an interview. There has been media talk that Australia's largest telco might turn to a topReuters - 244 words
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Page 18 Advertisements
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Advertisement1466 2005-04-25 18 |g^^^^^^^^J^^^^T^dverts^alHoinre^Be^B^B2^JEmail^notkes@sphxomjSg 8 DBS DBS BANK LTD (Incorporated in the Republic of Singapore) Company Registration Number *****0306E NOTICE TO WARRANTHOLDERS To all Holders of: (i) 5,000,000 European Style Cash Settled Call Warrants relating to the ordinary shares of Singapore Press Holdings Limited expiring on 17 June 2005 (SPH DBS ECW*****7); and1,466 words
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WORLD
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Article, Illustration753 2005-04-25 19 CHRISTOPHER REED - LIGHT REED Fraudster Martin Frankel's shenanigans show up inadequacies in US policing of white-collar crimes CHRISTOPHER REED jHft N exclusive report in the jfv current Newsweek tells the m wk remarkable story of Sonia vk Radencovich (real name M mL Sonia Howe), and753 words
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298 2005-04-25 19 AFP [LONDON] More than 200 firms from places such as South-east Asia, the Middle East, India and Russia have voiced an interest in buying parts of MG Rover, the failed British car maker's administrators said on Saturday. "Interest has been expressedAFP - 298 words
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391 2005-04-25 19 Reuters [PHILADELPHIA] MCI Inc declared a US$9.9 billion takeover bid from Qwest Communications International Inc superior on Saturday to its US$7.B billion merger agreement with Verizon Communications Inc, a significant twist in the three-month-old battle for the No 2 US long-distance company. MCI hadReuters - 391 words
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Page 19 Advertisements
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Advertisement1857 2005-04-25 19 No/ices IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF FULLERTON ALPHA INVESTMENTS PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) Company Reg. No.: *****2176N NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act, Cap. 50, that a Final Meeting of the Members of1,857 words
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Page 19 Miscellaneous
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Miscellaneous199 2005-04-25 19 CRYPTIC CROSSWORD 30 Well, it shouldn't be high (11) down dustry (11) YESTERDAY'S SOLUTION 2 When he's around one 13 Personally undertake study Across: 1 Uncover, 5 Terrier, 9 Immoves quickly (4) (4,7) pressionistic, 10 Abbe, 11 Piste, 12 3 Stone jar (4) 15 Make a submission for grant Vega,199 words
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AVIATION
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Article, Illustration632 2005-04-25 20 This is their 3rd plea for govt aid since Sept 2001 terror attacks NYT [NEW YORK] America's big airlines are lobbying the US Congress for what is effectively another bailout, their third plea for assistance since the September 2001 attacks.NYT; AP - 632 words
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LOG BOOK
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123 2005-04-25 20 Bloomberg [SINGAPORE] Singapore Airlines Ltd's regional unit Silk Air is offering 14 charter flights to Haikou in the southern Chinese island province of Hainan until June 19, to meet growing travel demand to Asia's second-largest economy. The once-a-week charter flights, operated with Sino-AmericaBloomberg - 123 words
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100 2005-04-25 20 Bloomberg [HONG KONG] Airbus SAS, the world's biggest maker of commercial aircraft, said it won an order from China's Shenzhen Airlines Co for fwe planes that have a value of US$3OO million, based on catalogue prices. Shenzhen Airlines, a regional carrier that is 25Bloomberg - 100 words
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Article70 2005-04-25 20 Bloomberg [CHICAGO] Continental Airlines Inc, the fifth-largest US airline, said its first-quarter loss widened to US$lB4 million as fuel costs rose and competition drove down some fares. The net loss was U552.77 a share for the three months through March, compared with US$l24 million, orBloomberg - 70 words
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Article, Illustration602 2005-04-25 20 NYT [ATLANTA] Delta Air Lines' recent decision to outsource major aircraft overhauls complicates the struggling carrier's efforts to rebuild strained ties to employees as it continues to cut costs, CEO Gerald Grinstein says. In a move that will eliminate hundreds of jobs, DeltaNYT - 602 words
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237 2005-04-25 20 Bloomberg [HONG KONG] Cathay Pacific Airways Ltd, Asia's second-largest airline by market value, said its pilots' union accepted a settlement to end a dispute that began in 2001 when 51 of its members were fired. "We are happy to put the issue behind us,"Bloomberg - 237 words
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281 2005-04-25 20 Bloomberg [MONTREAL] Commercial aircraft maker Bombardier Inc won its second order for regional planes this month after Northwest Airlines Corp agreed to take delivery of short-range jetliners valued at US$3B6 million. Northwest Airlines, the fourth-largest US carrier, exercised options to buy 15 CRJ-200 aircraft,Bloomberg - 281 words
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189 2005-04-25 20 AP [NEW YORK] Irish budget airline Ryanair Holdings PLC will pay U553.57 billion for the 70 Boeing Co airplanes it has ordered, a large discount on the listed price, the carrier said last week. The price for each 737-800 airplane will be about US$5l million,AP - 189 words
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Article1622 2005-04-25 20 crnr rucn ft* rjcnt ftd CMMfcUMi 5K973 900 SK972 2155 Kahiim* H5503 1900 PGS04 2010 AdHrtto AFS087 (BSC J35iJ «fc Jffinli !2I SQ416 2,00 M Vf10l 0530 SQ22S 0120 8A7381 185C SQ502* ,42S KuoUUmpur MM609 001C S0102 0630 t>«7*S 0625 8*7376 «A'< Q*81 1850 IXratfi AF80871,622 words
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SHIPPING
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449 2005-04-25 21 Having own vessels will help ensure oil security in future, say experts Xinhua (BEIJING] As China becomes a large oil importer, experts say building the country's own oil tanker fleet to ensure oil security in the future is an urgent task. The fleetXinhua - 449 words
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293 2005-04-25 21 Bloomberg [LONDON| The Greek government plans to change rules to allow both Greek and foreign shipowners to sell their shares on the Athens Stock Exchange. Shipping companies seeking a listing in Athens must have at least 29.4 million euros (5563.3 million)Bloomberg - 293 words
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386 2005-04-25 21 Bernama [KUALA LUMPUR] Westport is poised to handle three million container boxes (20-foot equivalents or TEUs) by the end of this year following its excellent performance in the first quarter of 2005, said its executive chairman, G Gnanalingam. "We expect ourBernama - 386 words
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173 2005-04-25 21 Reuters [GDYNIA. Poland] Hong Kong conglomerate Hutchison Whampoa will build a 225-million-zloty (Ssl 15.6 million) container terminal in Poland's Baltic Sea port of Gdynia, the company's local unit said last week. Hutchison said that after four months the facility will haveReuters - 173 words
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Article, Illustration325 2005-04-25 21 The gang, from the Riau islands, targeted fishing boats, cargo vessels AP [KUAI.A LUMPURI Authorities arrested seven pirates suspected of carrying out a series of attacks on vessels in the Malacca Strait after a high-speed chase off southern Malaysia, news reports said on Saturday. TheAP; REUTERS - 325 words
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Article, Illustration528 2005-04-25 21 VEN SREENIVASAN - By VEN SREENIVASAN SINGAPORE-LISTED Cosco Corp is expected to unveil strong first-quarter earnings, thanks to higher charter rates and increasingly robust contributions from China shipyards. And providing a leading indicator to this was Cosco Shipping Company's sparkling first-quarter results, which were unveiledFILE PHOTO - 528 words
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Article304 2005-04-25 21 SGX '000 Apr 2? SS W- Vol CH Offshore 0.34 -0.01 1846 ChuanHip .0.72 unch 312 Cosco Corporation 1.73 0.02 3991 CWT Distribution .0.62 unch 3 Ezra Hldgs 1.30 unch 666 Freight Links 0 07 unch 327 Grand Banks Yacht..... 0.99 unch 0 Java Holdings 1.06 unch 67304 words
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Advertisement24 2005-04-25 21 Lianhe Zaobao ISingPost I I extends I lezyCash I I sendee I I to more I I post offices I I I I #«©©<£>©# I24 words
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Advertisement329 2005-04-25 21 Call toll-free 1800 289 8822 FORM 69(4) Rules 91 and 101 NOTICE OF DIVIDEND Name of Company SAL Construction Re Ltd Address of Registered Office C/- 6 Shenton Way #32-00 DBS Building Tower Two Singapore *****9 Court High Court, Singapore Number of Matter Companies Winding-up No. *****2 of 2002 Amount329 words
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Article3322 2005-04-25 22 STRAITS TIMES INDEX STOCKS Stock name Wt Close Change Stock name Wt Close Change Stock name Wt dose Change Allgreen 50c 0.31 1.150 -0.020 Haw Par Corp 0.47 5.300 SPH20c 5.01 4.420 -0 080 Ascendasreit 1.01 2.000 HyfluxSc 0.39 3.520 +0.020 STEngglOc 1.82 2.480 -0 050 BILIntl US20c3,322 words
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Article3220 2005-04-25 23 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In local curr In S$ In US$ dy yr dy yr dy Syr Apr 22 Index Change Change Change Change Change Change World Index Preliminary 835.5 0.1 -2.0 0.1 0.2 -3.2 EAFE Preliminary 777.5 06 OA 0.7 -1.0 OJ -1.9 Europe Preliminary 1079.23,220 words
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Advertisement2192 2005-04-25 24 1 TO USA/CANADA I I EXPORT I I OTHER DESTINATIONS I [VESSEL I VOY I PKG FTASWI LONG BtACHI PAUASI HOUSTON M£MPHfS I CHICAGOI MEW YORK |j TO AUSTRALIA (AUSTRALIA ABIA EXPRESS) OOCLHINGBO 09E17 26/04 27/04 13/05 19/05 20/05 18/05 18/05 21/05 ygjg ygy "n/TyST pj| my OOCLHAMBURG 11E18 03/052,192 words
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Advertisement848 2005-04-25 24 IINTRASIA ROftO SEKVICS VBSft/VOT MWKKI) HHGHIW PtG KM U» m *T STIAfTS OMESS W 30 4.25 23/04 25/04 27/04 srurcvomjittw/os is 3.2 22/04 01/05 03/05 05/05 STRAITS VENTURE 10/05 15 3.2 07/05 10/05 I AUSTRALIAN i0«0 SCRVK3 VBSa/VOY I «AMfPO) HBGHTffH) ILO |sw I JCT m SYP m UX BIS*848 words
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Page 25 Advertisements
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Advertisement1247 2005-04-25 25 MOt Combines a range of shipping modes lo ensure timely, reliable services covering major ports in J; Notft America, Europe, Japan, Asia, Africa t Oceania. Also ocwpt Intra-Ask (ayn to: BUS AN KWANGYANG SHANGHAI YANTIAN XIAMBI QMGOAO IttAWAN/JAKARTA SURABAYA KAOHSIUNG lANGKOK lAEM CHAtANO BOCHIMINH PASW GUDANG PwANG PORT KfIANG For1,247 words
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Advertisement1290 2005-04-25 25 VESSEL VOY_ SIN JKT HKG KHH IK KYH PUS VESSEL VOY SIN JKT SUB HKG USN PUS HY MIDGE 0935 2S/4 30/4 5/5 7/5 9/5 11/5 11/5 KMTC SHANGHAI SO4S 1/5 4/5 5/5 10/5 14/5 15/5 HY VLADIVOSTOK 158S 5/5 7/5 12/5 14/5 14/5 11/5 11/5 KMT( POUT KEIANC SO6S1,290 words
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Advertisement770 2005-04-25 25 w aaas WEEKLY EXPRESS SAILING SCHEDULE I ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICO POIWTsI vessel I voy I sin 1 pjoamgl cotoßao n sheva 1 Colombo I l~ p II I I I Also Kormt Fa TO com* tutkomn (via coionro) and kanma i goal (VIA N SHIVA)770 words
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Advertisement2141 2005-04-25 26 Ujijl# WALLENIUS WILHELMSEN website: hltp://www.2wglobal.tom [VESSEL "VOY RAMP HtIGHT SIM LBC ~MAO~ HOU* ~MIA SAV >Al 08F MYC ~~NEW~ MM TAMPERE A 1512 400Tms 6.3 M 02/0S 09/06 13/06 16/06 14/06 TAMPA AFSU 420 Tons 6.4 M OS/OS 30/0S 09/06 13/06 1 7/06 IS/06 19/06 TARAGO AFSI2 320 Tons 6.42,141 words
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Advertisement13 2005-04-25 26 PLACE YOUR AD HERE _The Business Times Shipping Times *****327 )R 9675 000213 words
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Advertisement699 2005-04-25 26 BSA x I| MrsV e TT=!?lTsffe®!TsSnFsSH^^B r MYANMA n FIVE STAR LINE (Myanmor National Line) Loading for Yang on VESSEL VOY SIN FKI PEN PGU PAGAN 341W SU> HPA-AN 337W SU) IN MALAYSIA: IOUSTEAD SHIPPING AGCNCICS KUL/PKL: 03-*****388 PEN: 04-*****15 fatasßmm ACCEPTING CONVENTIONAL C6O VESSEL VOY HKG SM PGU PU699 words
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Advertisement699 2005-04-25 27 Guaranteed Sailing! I Service from Singapore to: I Los flnqeles Keelung I Weekly Consol. Twice weekly I 14 days transit. Mon Thurs cut-off I ®MUR SHIPPING INDIAN OCEAN ISLANDS/SOUTH AFRICA VESSEL TWU KK MIDI TGM SIN PK *TS REUNION DIN El PE CT VOYAGER V 032 SoW Soiled SaM hi699 words
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Advertisement790 2005-04-25 27 FREIGHT LINKS EXPRESS PTE LTD 51 Penjuru Road, 3 Level, Freight Links Express Logisticentre, Singapore *****3. Tel: *****511 Fax: *****577 E-mail: flesin@singnet.com.sg Website:http://www.freightlinks.net LCL SERVICE TO CHINA t> ASIA CEBU DALIAN HONG KONG JAKARTA QINGDAO flf fli SHANGHAI SURABAYA XINGANG XIAMEN BEST LCL RATES TO AARHAUS ASHDOD BEIRUT BUENOS AIRES790 words
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Advertisement343 2005-04-25 27 Liner brook bulk >ervk« S.I. A*io/USA vk» verm SPECIALISE IN HEAVY LIFTS A PROJECT CARGO MAS*! DwHwWw mv aausitui ohtwy 21/04 Vewznk pen inetfom i)nfc«<i MV MOUSTRIAL CHMGU 25/05 Mm*. Tilnti.n, la* iMk/SMktw. VauMh. Htntta. CMnr yam m Mkmmrl. Others ports in USA Mexico, Carribeon A Sourfi America on inducement.343 words
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Advertisement630 2005-04-25 27 lifflttH— 277N^^7/!N^0?05/0^1M1/0^ ■PWPII TIGER WAVE 278S 29-29/04 FOt DISCHARGING ONLY I ■MUitfifl ERIC GIBSON Oli 30-01/05 06-08/05 13-13/05 I KtHTmI TIGER PEARL 279N 03-04/05 10-12/05 17-11/05 1 ■■■■■TIGERSEA 280N 06-07/05 1 3-15/05 20-21/05 1 TIGER SKY 281N 10-11/05 17-19/05 24-25/05 ■MMRlll DONG FORTUNE 039 27-28/04F0R DISCHARGINGONLY I ■UaUttIPHUTAN 314 27630 words
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THE BUSINESS TIMES SHIPPING TIMES
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BizIT
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Article, Illustration1182 2005-04-25 29 GEOFFREY PEREIRA - <cool stuff> New models from Olympus and Panasonic illustrate how some digital cameras are made to be lifestyle items while others are built to perform, says GEOFFREY PEREIRA GEOFFREY PEREIRA AS IF to illustrate the point that there is a wide variety of digital cameras out there,1,182 words
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<what's new>
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103 2005-04-25 29 NOKIA has upgraded its popular Nokia 6230 with a slew of new multimedia features in its latest incarnation. The Nokia 6230 i comes with a 1.3 megapixel camera, walkietalkie-like push-to-talk capability, and Visual Radio an application which allows the user to hear FM103 words
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118 2005-04-25 29 MOBILEONE, which launched its Blackberry wireless "push" email service to corporate customers last week, will launch the service for individual customers from today. As a partner network of UK-based Vodafone, Ml will offer its "Blackßerry from Vodafone" service in two flavours a118 words
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73 2005-04-25 29 CANON has released a new range of digital video camcorders that are able to record videos in the 16:9 aspect ratio that is commonly used for widescreen displays. The new range of camcorders also includes five Photo DV models including the MVX45i, which are capable of73 words
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70 2005-04-25 29 PROJECTOR specialist InFocus has released the InFocus LP860, a high-end projector for use in large spaces such as auditoriums and boardrooms. It is compatible with InFocus LiteShow, an optional wireless digital projection solution that eliminates the cables between the projector and the computer. The LP860 features70 words
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Article93 2005-04-25 29 ROLAND LIM - Compiled by ROLAND LIM OLYMPUS has released three new point-and-shoot digicams. The Olympus C-480 ZOOM is a new 4 megapixel entry-level model that is priced at $399, and features a 3x optical zoom lens. The 5 megapixel mju-mini DIGITAL S is priced at $599, comes93 words
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Article, Illustration341 2005-04-25 29 ROLAND LIM - By ROLAND LIM APPLE will unleash its latest operating system, Tiger, in Singapore on Friday. Tiger, version 10.4 of Apple's Mac OS X operating system, is available for both the desktop and the server, with each providing more than 200 new features.341 words
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Article, Illustration333 2005-04-25 29 AMIT ROY CHOUDHURY - By AMIT ROY CHOUDHURY TREND Micro, a leading maker of anti-virus and Internet content security software and services, has announced a series of new products and services designed to combat spyware in the enterprise, according to the company's director of network alliances, Jay Quinby. Speaking333 words
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Article, Illustration1105 2005-04-25 31 ROLAND LIM - <we say> Differing standards and methodologies can result in significant discrepancies, although some businesses will put up with these shortcomings ROLAND LIM Reporter t across •>*> forecasts by research anResearch houses are often looked to for guidance on such forecasts. The difficulty arises when discrepancies,1,105 words
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Article, Illustration1030 2005-04-25 31 AMIT ROY CHOUDHURY - Market seen hitting US$45 million in 2011, reports AMIT ROY CHOUDHURY AMIT ROY CHOUDHURY U KTWORK security in Singa|Mk I pore, one of the more satu- rated markets in the Asiai Ilk M P ac *f lc region, is still exm pected to grow at1,030 words
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<what's up>
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Article69 2005-04-25 31 NOVELL has appointed Ernest Low as country manager for Singapore, Indonesia and the Philippines. Based in Singapore, Mr Low was most recently Microsoft Singapore's sales director for the public sector group, and has 12 years of experience in sales and business development. He has also69 words
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68 2005-04-25 31 INFORMATION lifecycle management solutions provider StorageTek has promoted Andy Srinivasan to regional director for Asia South Pacific. He was previously the managing director Of StorageTek Asia South. Based in Singapore, Mr Srinivasan will be responsible for operations in South Asia, Australia, New Zealand and Korea. He68 words
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43 2005-04-25 31 NETWORKING equipment maker Linksys, a subsidiary of networking giant Cisco Systems, has launched a 24/7 technical support hotline for its customers in Singapore. Linksys customers here can now call 800-*****80 for technical assistance any time of the day.43 words
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Article58 2005-04-25 31 ROLAND LIM - Compiled by ROLAND LIM BROADBAND entertainment provider M2B World has cut a deal with United Power, a Japanese Internet service provider, to launch eight broadband channels for the Japanese market. It aims to have 250,000 homes accessing these channels by the end of the year.58 words
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402 2005-04-25 31 Reuters [AMSTERDAM] More electronics companies have joined talks between Japan's Sony Corp and Toshiba Corp to develop a common format for next-generation DVDs and end a fierce battle, industry sources said on Friday. Other key companies involved in the format war,Reuters - 402 words
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Article, Illustration766 2005-04-25 32 ROLAND LIM - BT exclusive It is also gunning to bring in $620 million in sales across the region this year to beat last fiscal year's figures, reports ROLAND LIM ROLAND LIM DESPITE deriving the bulk of its revenues from increasingly commoditised printers, Epson Singapore has set itsCHRIS LOH - 766 words
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326 2005-04-25 32 AMIT ROY CHOUDHURY - By AMIT ROY CHOUDHURY IN a significant breakthrough for wireless broadband networks, the world's biggest chipmaker Intel Corporation has announced the availability of its first WiMax product. WiMax, short for Worldwide Interoperability for Microwave Access, is a standards-based wireless technology for providing long-reach broadband326 words
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Article, Illustration309 2005-04-25 32 ROLAND LIM - By ROLAND LIM HOMEGROWN technology startup Qool Labs Pte Ltd has launched a multimedia player that it says is the first in the world to feature an organic light-emitting diode (OLED) display. OLED technology is said to produce better displays than those based on309 words
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347 2005-04-25 32 Impact on people's mental ability worse than from smoking cannabis: report Bloomberg [LONDON] Constant e-mailing and text messaging reduces mental ability by 10 IQ points a more severe effect than smoking cannabis by distracting the brain from other tasks, a University of London report claims.Bloomberg - 347 words
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Advertisement376 2005-04-25 29 o~ I MACQUARIE MACQUARIE BANK LIMITED (ABN 46 008 583 542) (Incorporated under the laws of Australia) NOTICE TO WARRANTHOLDERS To all holders of 50,000,000 European Style Cash Settled Call Warrants relating to the ordinary shares of Singapore Press Holdings Limited expiring on 27 June 2005 issued by Macquarie Bank376 words
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Advertisement125 2005-04-25 30 ,is-«bhbk«r% JH JMM^, f <j§4, ISfir' H& .jH 'IP fl mßßtiri -^^K V L|jipßK jA x IP' a I I "M^, mmimmW? S aLIL'MiBBMMBWE '>^f^B^fr ii- 4fr v <->> fe&aaiii *-5/ feES^r '-^5: ..r I Singapore Press Holdings is proud to present the Gift of Music concert series to the125 words
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Advertisement325 2005-04-25 31 CALYON FINANCIAL PRODUCTS (GUERNSEY) LIMITED (Incorporated in Guernsey, Channel Islands with limited liability) NOTICE TO WARRANTHOLDERS TO ALL HOLDERS OF EUROPEAN STYLE CASH SETTLED CALL WARRANTS RELATING TO THE ORDINARY SHARES OF SINGAPORE PRESS HOLDINGS LIMITED ISSUED BY CALYON FINANCIAL PRODUCTS (GUERNSEY) LIMITED (SPH CA ECW*****6) UNCONDITIONALLY AND IRREVOCABLY GUARANTEED325 words
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Advertisement58 2005-04-25 32 O fntentfa the intelligent choice In order to compete successfully, companies are: E Shortening supply chains Reducing stock levels Improving cash flow efficiencies enable companies to achieve these goals. Intentia Asia Pacific Pte Ltd 8 Cross Street #12-05/06 PWC Building Singapore *****4 Jfm' jk Tel: 6788 8769 Fax: 6788 875758 words
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Advertisement8 2005-04-25 32 <wesay> How reliable are research analysts' forecasts? PG3I8 words
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