The Business Times, 27 June 2005

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Total Pages: 30
1 30 The Business Times
  • 15 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asial.com.sg MICA (P) 089/03/2005 Monday, June 27,2005
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  • 875 1  -  Growth potential for Internet gambling more explosive than those of IRs By ALEXANDRA HO, JOYCE KOH [SINGAPORE] The two upcoming integrated resorts might make bricks-and-mortar casinos the talk of the town, but online gambling is where the bigger growth will be, according to some in
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  • 650 1  -  Analysts say Tang brothers may get $200m from sale By KALPANA RASHIWALA [SINGAPORE] Two adjoining prime freehold residential properties at St Thomas Walk owned by CK Tang chairman Tang Wee Sung and his younger brother Wee Kit are understood to be back
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  • 135 1 MARKETS Wttk Chge STI -2223.72 —+14.57 KLSECOMP 898.08 -.+1.02 NIKKEI 225 *****.03 +23.00 HANG SENG *****29 ....+***** SET INDEX .***** +3.73 JAKARTA COMP ...1135.67 -6.15 MANILA COMP _..*****1 -63.96 TAIPEI TAIEX 6340.69 +47.13 SEOUL COMP 1002.43 -125 SHENZHEN B 220.63_._ -0.98 AUSTALLORO 4203.80. -63.50 DOW JONES *****.84 -*****
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  • Page 1 Advertisements
    • 48 1 DINING OUT J Chinese food refreshed WORKERS CEOs on the benefits and costs of a more mobile workforce VIEWS FROM THE TOP PG 8 durchTechjplir h Premium Automobiles Showrooms: 55 Übi Road 1, Singapore *****9 Tel: 6388 2323 9 Leng Kee Road. Singapore *****0 Tel: 6566 1111 *****2271W
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    • 11 1 HOCK LOCK SIEW SGX should push for full CAO report PG7
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    • 18 1 Jin OIL SHOCK China's thirst for oil contributing to high BSHHI prices pg 14 111 8 "*****1 *****4"
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    • 39 1 PAY AND PRODUCTIVITY Rewarded efforts drive staff on: study pg3 BTONUNE 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
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  • TOP STORIES
    • 719 2  -  WALL STREET INSIGHT End of quarter, oil price. Fed meeting and a host of data will make for volatile trading By ANDREW MARKS in New York IT may have taken longer than some expected, but oil's flirtation with the US$6O level finally scared US
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    • 605 2  -  By VEN SREENIVASAN [SINGAPORE] While a merger with Singapore Airlines (SIA) may not be on the cards just yet, Qantas could enter an association with another airline within the next five to 10 years. But Geoff Dixon, the outspoken chief executive of
      605 words
    • 466 2 Rewarded efforts drive staff on: study EMPLOYEES are driven to do better if they are rewarded solely for their own efforts rather than being compared with colleagues, according to a US/British study. By contrast, most remuneration systems both here and in America see employees paid on the strength
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    • 1079 3  -  Engagement at work a stronger driver of performance than monetary incentives By ANNA TEO (SINGAPORE] Employees are driven to do better if they are rewarded solely for their own efforts rather than being compared with colleagues, according to a US/British study. By contrast, most
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    • 385 3  -  By KALPANA RASHIWALA [SINGAPORE] Wheelock Properties (Singapore) has sold about 110 of the 189 units that were released last Thursday during the soft launch of The Sea View condo in Katong. The average price the Singapore-listed developer achieved for the units sold
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    • 320 3  -  APREA will work to boost investor confidence and growth in industry By KALPANARASHIWALA [SINGAPORE] The Asian Public Real Estate Association (APREA) will be officially launched today in Singapore to promote, represent and develop the publicly-traded property sector including Real Estate Investment Trusts (Reits)
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  • Page 2 Advertisements
    • 189 2 mmmmM 5f- ,9"i'< lljPPp 'J*.... 4 I* I# d Jfli isn't: >;ourr at: 4^ THJN.r^YJO!: f <' Vfofa/-V; Hair Growth Cycle />Sp\ ANAGEN STAGE (Growth) „N, J hair growth period of a hair follicle. CATAGEN STAGE (Transitional) W. I Hair stops growing but does not fall out. I J Hair
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  • Page 3 Advertisements
    • 304 3 Source: Bearing Point, 2004 n Windows Server 2003 Full Support (24x7): 10* of servers are Enterprise Edition, 90* Standard Edition Red Hat Full Support (24x7): 100* of servers are AS Premium Red Hat Limited Support 10* of servers art AS Premium (24x7). 90* ES Standard (12x5) £2 Novell's SUSE linox
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  • SINGAPORE MARKETS
    • 618 4  -  STOCKS R SIVANITHY Senior Correspondent GREAT minds think alike, as the old saying goes. Then again, fools seldom differ. Still, whichever your preferred viewpoint, the current consensus among broking houses is remarkably similar. Most seem to have latched on to the idea that
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    • 500 4 CURRENCIES AFP [HONG KONG] Most regional currencies including the Japanese yen and Australian dollar were flat or lower against the US dollar over the past week, ahead of a US Federal Reserve board meeting this week. Japanese yen: The yen was flat against
      AFP  -  500 words
    • 505 4 Payment Ex looks Pay Payment Ex Books Pay lets) date dose date Idll—dfte dose date_ Amara Hldgs 20c b 0.30 09-Jun 14-Jun 28-Jun PCA Tech 10c 1.25 05-Jul 08-Jul 20-Jul AustralandPG dd A1.7 28-Jun 01-Jul 03-Aug Pokka Corp 25c b 050 14-Jun 17-)un 30-Jun AuttralandPG Q,n A23 28-Jun
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    • 371 4 COMMODITIES: WEEKLY ROUNDUP AFP [LONDON] World oil prices jumped to a record US$6O per barrel last week on concerns about possible supply shortages during the fourth quarter when refineries could struggle to meet strong demand for heating fuel. Copper reached a fresh
      AFP  -  371 words
    • 1725 4 Consensus No.of Forecast Mean Fri's Consensus No*f forecast Mean FrTs recommendation esti- EPS PE target price XJSTSiSE erf- EPS PE target price Company name This wk Last mth mates (cents) (ratio) price Company name This wk Last mth mates (cents) (ratio) price (5) Allqreen Properties 2.92 2.92 12
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    • 1172 6  -  TEH HOOIUNG Senior Correspondent THE Straits Times Index continued its climb to fiveyear high last week, fuelled by bullish reports from foreign brokers. Most brokers are still positive on emerging markets In general and local blue chips In particular: JP Morgan. Merrill lynch
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    • 1030 6  -  INSIDE MARKETS Insider purchases for Best World, UOL and Vita make up a big proportion of their trading volumes this month, reports ROBERT HALILI ROBERT HALILI DIRECTOR and substantial shareholder transactions fell sharply last week with 50 trades worth $14.84 million done, against
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  • Page 5 Advertisements
    • 612 5 What happens when your IT infrastructure can't adapt to rapid changes in environment? Fujitsu gives your IT system the agility to approach that incorporates the latest business-critical comrespond quickly with TRIOLE. At some point your puting technologies like Fujitsu PRIMERGY blade servers. I 1 IT infrastructure began to take on
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  • COMPANY NEWS
    • 754 7  -  HOCK LOCK SIEW By WONG WEI KONG THE issue over the release of the full version of the PricewaterhouseCoopers (PwC) final report on the China Aviation Oil (CAO) debacle an issue now cropping up in court is putting the spotlight on
      754 words
    • 525 7  -  Grocery supplier may become one of first local firms to list on NSX By JOSEPHINE TAY FORMER grocery supplier Chew Yak Mong-Synerpac may become one of the first Singapore companies to list on the Newcastle Stock Exchange (NSX) in Australia. It expects to get the
      FILE PHOTO  -  525 words
    • 383 7  -  By KALPANA RASHIWALA HWA Hong Corporation has bought an 82 per cent interest in a portfolio of freehold properties in Central London worth £20.8 million (5563.4 million). The portfolio comprises mainly office space, most of which is leased out. The properties have a
      383 words
    • COMPANY BRIEFS
      • 59 7 KEPPEL Corp announced over the weekend that two subsidiaries, Kephinance Investment Pte Ltd and Keppel IVI Investments Inc, have sold a 100 per cent interest in Keppel Securities Philippines Inc for 37.8 million pesos (SSI .1 million). The divestment is in line with the
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      • 53 7 SINGAPORE Airport Terminal Services is calling for an extraordinary general meeting (EGM) on July 19 to seek shareholders' approval for proposals to grant awards of shares in the company, their equivalent cash value or combinations of both, to selected employees of the company
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      • 46 7 SUNWAY International posted a group net profit of HK$ 13.9 million (Ss3 million) for the six months ended March 31,2005, down from a HK$l5.9 million net profit in the same period a year ago. Turnover rose from HK5361.2 million to HK5457.6 million.
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      • 36 7 OSIM International is convening an EGM on July 11 to seek shareholders' approval of the company's acquisition of an equity stake in Osim Brookstone Holdings for up to US$9O million.
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  • Page 7 Advertisements
    • 120 7 |bv mi® T~C When Your Clients And Colleagues Are True Blue A gift from Tiffany Co. is used, valued and remembered. For years. Timeless Tiffany design and flawless craftsmanship beautifully reflect the standards of the giver. To apply for a Tiffany Business Account and receive a catalogue, please call *****848.
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  • VIEWS FROM THE TOP
    • Article, Illustration
      1977 8 THIS WEEK'S TOPIC What would be the benefits and costs of a more mobile workforce for your company? To what extent is this feasible? AN increasingly mobile workforce is one of the manifestations of the power of übiquitous computing, which is an ongoing trend brought about by the
      1,977 words
  • Page 8 Advertisements
    • 89 8 BTCEOseOub Members of the BT CEOs eClub are Singapore's top corporate leaders whom BT editors would like to interact with in an atmosphere of informality and trust This'club 1 is a virtual one; with interaction mainly via e-mail. Each week, we will invite comments from these top executives on various
      89 words

  • DINING OUT
    • 2055 9 Chinese food is Chinese food. So you think. Some favourite eateries in town are upping the ante by sprucing up their menus with new dishes or promotions. We find out who's doing what Summer Pavilion Ritz Carlton Millenia Singapore, 7 Raffles Avenue. Tel: 6434 5286 You'll need
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  • Page 9 Advertisements
    • 526 9 *****ULY2005 The most desirable dining partner. At the Singapore food festival. ■Mk FEstivmZ| From 1-31 July 2005, UOB Cardmembers can savour exclusive dining deals and delectable culinary events, Core Event Privileges More Events Offers for UOB Cardmembers ftmh Picks from the orchard: 23 July (Sat) 2pm 4pm Opening Celebrations: 1-3
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    • 16 9 DINING OUT A sponsored series on fine dining experiences brought to you by UOB Credit Card
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  • SINGAPORE NEWS
    • 394 10  -  IFA believes their marketing push and 6-8% rental yields for Dubai freehold project will grab Singaporean attention By ALEXANDRA HO FANCY having the likes of David Beckham, Michael Owen and Michael Schumacher as neighbours? On Dubai's Palm Island it might just happen if you
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    • 1062 10  -  Stansfield's Kannappan Chettiar sees success and failure in yogic light, reports LISA TAN LISA TAN SOMEWHAT like an alchemist, Kannappan Chettiar holds a delicate chest of his life's mysteries and will lift the veil on these secrets little by little through a discourse in philosophy (a
      ARTHUR LEE  -  1,062 words
    • 309 10  -  By VEN SREENIVASAN BINTAN Resorts is hosting about 40 Singapore golf professionals at the inaugural OCBC Platinum Golf Challenge 2005, which will tee off next week at the Gary Player-designed Ria Bintan golf course. Lead by Singapore's top players Mardan Mamat and younger challenger Lam
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  • Page 10 Advertisements
    • 173 10 I, -gSdP-P Diners C"1nl> (.'.in! I^,ll l l here to \miic, clnio and entertain... it) I Introducing Majella The Musician "Manila Is undoubtedly the finest A wins In the Coonawarra."- Robsrt Parker Jnr H "Majella...Absolute blus chip In the making." Langton's Australian Fins Wins Quids fljjHH "Manila Is ons of
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    • 82 10 Head to The New Paper Fast Ads for job opportunities! I Buy It Sell It Find It ;1 '5 3 MERITUS MANDARIN SINGAPORE BUFFET DINING AT ITS BEST Fresh oysters, delectable lobsters, savoury honey-glazed ham, prime rib of beef ana many more mouth- j watering dishes to leave you j
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  • Page 11 Advertisements
    • 327 11 1 A REASONS TO INVEST IN XU PELEPAS FREE ZONE 1. 30% savings on your current operational costs 2. Full tax exemption on all activities within Pelepas FREE ZONE 3.100% foreign ownership of equity is allowed for approved activities 4. No fund repatriation, currency or personnel recruitment quota restrictions 5.
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • 941 12  -  People must balance luck, cynicism and sound judgment if they want to increase their wealth, says TEH HOOI LING TEH HOOI LING 'I'D rather be lucky than be smart/ That's the starting and parting message from my lecturer to us eager beavers in
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    • 785 12  -  CAMPUS LIFE This young software whiz and self-styled entrepreneur loves competing, says MINDY TAN MINDY TAN LO Min Ming, winner of IT Software Application, and overall second in position in the 38th World Skills Competition 2005, is home and engaged in what he loves best computers.
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  • Page 12 Advertisements
    • 251 12 Be smart with your finances 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 T ertiary Outreach Programme, isn't another dry page out of your financial textbook. To complement our editorial content, we
      251 words

  • S'PORE ARTS FESTIVAL
    • 480 13  -  Britain's Royal Ballet is unsurpassed when it comes to performing classical repertoire, says STEPHANIE BURRIDGE STEPHANIE BURRIDGE THE Singapore Arts Festival opened on a positive footing with an über-contemporary play from China, and it drew to a close* on a high note last night with Britain's respected
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  • Page 13 Advertisements
    • 109 13 V IblK'-' v mm All great companies J were once startups. |S| SgiSllt > t', m- :L. li ."JS Nominations for the 2005 eSO.startup awards 2005 are now open Recognising Singapore's New Enterprises To be eligible, a company must: be a privately-held enterprise be under 5 years old (from date
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    • 714 13 action nflv community for entrepreneurship f 4 July 2005, Thursday BI u6S kv 830 am t0 530 pm finance forum Raffles City Convention Centre, Level 4 Looking for financing for your business? Want to know the options available? The Blue Sky Finance Forum is for you. What Awaits You: A
      714 words

  • ECONOMY WATCH
    • 374 14 This could inflate wages, prices, and further slow growth in Europe AFP [TIANJIN] China's thirst for oil is contributing to the high oil prices that threaten Europe's economic growth, European Commissioner for Economic and Financial Affairs Joaquin Almunia said yesterday. Mr Almunia said
      AFP  -  374 words
    • 312 14 Reuters [BASEL] A further rise in already costly oil prices will have a negative impact on a global scale, risking economic growth of both importers and producers, the deputy governor of Kuwait's central bank said on Saturday. Speaking to Reuters
      Reuters  -  312 words
    • 916 14 OIL SHOCK EC may cut present eurozone growth forecast of 1.6% Reuters, Bloomberg Reuters. [BRUSSELS] The European Commission will probably cut its 2005 growth forecast for the third time in eight months as record oil costs weigh on the economy of the dozen
      Reuters, Bloomberg; Reuters.; AFP  -  916 words
    • 645 14 It claims figures are distorted; EU open to clarifying data Bloomberg [BRUSSELS] China said it opposes anti-dumping investigations by the European Union into increased Chinese shoe imports, accusing its trading partner of distorting trade figures and misleading the public. "China urges
      Bloomberg; REUTERS  -  645 words
    • 157 14 Reuters Bloomberg AFP [TIANJIN] China's Premier Wen Jiabao said the government needs more preparation time before it can adjust the yuan's decadeold peg to the US dollar. He reiterated that the yuan will gradually move toward a market-based exchange rate, a change that
      Reuters; Bloomberg; AFP  -  157 words
  • Page 14 Miscellaneous
    • 160 14 CRYPTIC CROSSWORD timateVi abuse (5) in revision (6) early retirement? (6,5) 1 Payment subject to approval 14 Rrepare tQ fjght tQ obtajn a YESTERDAY'S SOLUTION IdL tho n,rH on t, .m i.n knight's insignia (4,4) Across: 1 Maze, 3 Peacemaker, 8 •lu e 16 Lock in the experts, they only
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  • MALAYSIA/INDONESIA
    • 349 15 It may shed light on dispute between group, govt over huge rail project [KUALA LUMPUR] A RMI billion Islamic bond sale by DRB-Hicom Bhd may shed more light on the dispute between the car and banking group, and the government over a multi-billion ringgit
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    • 675 15  -  MALAYSIA INSIGHT It's one sure way to seal its status as the leader in Islamic banking PAULINE NG KL Correspondent THE Arabs like Malaysia. They enthuse about the wonderful shopping to be had, the tropical climate, the different cultures, and the
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    • 391 15  -  Umno VP's departure could trigger minor cabinet reshuffle By S JAYASANKARAN in Kuala Lumpur THE six-year suspension of Isa Samad, a serving vicepresident of the United Malays National Organisation (Umno), Malaysia's dominant political party, will serve to strengthen Prime Minister Abdullah Ahmad Badawi's position as
      REUTERS  -  391 words
    • 447 15 Reuters [JAKARTA] Indonesia has paid 9.3 trillion rupiah (Ssl.6 billion) to state oil company Pertamina to cover a fuel subsidy reimbursement, the Finance Ministry said. The payment could help free up cash flow for Pertamina, which manages the importation of oil products to
      Reuters  -  447 words
  • Page 15 Advertisements
    • 22 15 Lianhe Zaobao I Ornamental-fish I ■business I I troubled I I waters I I I I I IWWMi ill iifnl 111 (mi
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    • 275 15 ■Kn|l|||||H Call toll-free 1800 289 8822 C CHUAN HUP HOLDINGS LIMITED N (Incorporated in Singapore) LOST SHARE CERTIFICATE Notice is hereby given that share certificate numbered *****9 covering 5,000 shares in the name of Tan Mong Kim has been reported lost. Notice is hereby given that a new certificate will
      275 words
    • 1575 15 To advertise call toll-free 1800 289 8822 Email: aotkes@sph.com.sg In the Matter of the Companies Act, Cap. 50 and NIPPON BtOCAPTTAL PTE LTD Company Registration No. *****8703G (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the Company duly convened and held at Kobayashi Building 3F 3-13-1 Minamiaoyama Minato-ku
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    • 212 15 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SAW LEONG SAN t SONS PTE. LTD. Company Registration No. *****1295 M (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(2) of the Companies Act, (Chapter 50) that the
      212 words

  • GREATER CHINA/INDIA
    • 689 16  -  BATTLE FOR UNOCAL Purchases are funded using quasi-cash and barter deals By ANTHONY ROWLEY in Tokyo CHINA'S US$lB.5 billion bid to acquire Unocal, the ninth largest US oil and gas producer, is Beijing's most high profile deal
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    • 453 16 Reuters [WASHINGTON] If Unocal Corp accepts an US$lB.5 billion bid by China's CNOOC Ltd the fate of the deal could hinge on how a secretive US review panel defines "national security", experts said on Friday. State-owned CNOOC's unsolicited bid trumped a roughly US$l6.4 billion
      Reuters  -  453 words
    • 258 16 Bloomberg (NEW YORK] International Business Machines Corp, which is cutting as many as 13,000 jobs mainly in Europe, plans to hire 14,000 workers in India by the year-end, according to a company document provided by a technology industry union. IBM will boost its
      Bloomberg  -  258 words
    • 201 16 Reuters [AHMEDABAD, India] India's state Gujarat Petroleum Corp (GSPC) has made the country's biggest gas discovery 20 trillion cubic feet, worth US$5O billion off the southeast coast, Gujarat's chief minister said yesterday. The find was made in the Krishna Godavari (KG) basin at
      Reuters  -  201 words
  • Page 16 Advertisements
    • 1141 16 Ifc advertise call toll-free *****89 8821 faudl: notke»esph.com.sg ASSETS LIABILITIES AND SHAREHOLDERS'EQUITY In thousands of euros, at 31 December 2004 2003" In thousands of euros, at 31 December 2004 2€OT Interbank transactions and similar items 4,543.960 4,746,529 and simljar transactions 258.047 409,722 Cash. Central Banks, CCP 17,403 14,554 Debts to
      1,141 words
    • 479 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SNP RETAIL PTE LTD (Co. Rag. No. *****0417Q NOTICE OF RESOLUTIONS FOR MEMBERS' VOLUNTARYMNOMG UP (PURSUANT TO SECTION 290) At an Extraordinary General Meeting of the members of SNP RETAIL PTE LTD duty convened and hetd
      479 words
    • 1059 16 "■—aJl toll free 1800 289 8822 Email: aotjccsOtph-coin^ IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF HPL SRI LANKA HOLDINGS PTE LTD (Company No. *****3631Z) (IN MEMBERS' VOLUNTARY LIQUIDATION) Extract of the Minutes of an Extraordinary General Meeting of HPL SRI lANKA HOLDINGS PTE
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  • ASIA-PACIFIC/WORLD
    • 351 17 Penalty to be for offences involving trading in the capital markets [LONDON] Citigroup, the American banking and financial services giant, is braced for a record multim-illion-pound fine from chief City watchdog the Financial Services Authority, the Observer reported. The penalty, which could be announced
      351 words
    • 540 17 Reuters [NEW YORK] Citigroup's tag sale may be in its final days. Last July, chief executive Charles Prince said the world's largest bank would hold a "garage sale" to rid itself of assets it didn't need and focus on businesses where it
      Reuters  -  540 words
    • 3182 17 Transaction date: Jun 24 For a full listing of the closing prices, log on to BT Online at http://business-times.asia 1 .com.sg after 11.30pm every trading day HONGKONG w SSSSSSt=lS IS US Eiprit Holdings 54.25 unch 3627 C n ir ,,h n Extrawell Pharm 0.20 unch 940 un£ 120
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    • 538 17 He will also be able to change labour laws as he'll control both houses of Parliament from today AP [SYDNEY] NO Australian government has had this kind of power in nearly a quarter century. Four-term Prime Minister John Howard and his centre-right coalition
      AP; AFP  -  538 words
    • 310 17 AFP [TEHERAN] Iran presidentelect Mahmood Ahmadinejad insisted yesterday that his country had the right to pursue its nuclear programme and that the Islamic republic did not need relations with the US. But the surprise winner of Iran's second-round presidential election also said
      AFP  -  310 words
    • 356 17 AP [ALMERIA, Spain] International Olympic Committee president Jacques Rogge has played down suggestions that the evaluation commission's report on the 2012 Games favoured Paris over the four other candidates. "Everyone says its bid is the best and the press is
      AP  -  356 words

  • AVIATION
    • 686 18 US airlines have already increased theirs earlier this month Bloomberg [LONDON] British Airways, Europe's third-largest airline, will raise surcharges as much as 50 per cent this month to recoup part of the cost of record fuel prices. Passengers will pay £24 (Ss73) a flight
      Bloomberg  -  686 words
    • 654 18 Bloomberg [PARIS] European Aeronautic, Defense Space Co put Gustav Humbert in charge of its Airbus SAS unit, ending months of wrangling over a new management team. Tom Enders and Noel Forgeard were named joint chief executives of EADS. Mr Humbert, a 55-year-old German engineer,
      Bloomberg; AFP, BLOOMBERG  -  654 words
    • 366 18 Bloomberg [TORONTO] ACE Aviation Holdings Inc, the owner of Air Canada, wants the country's labour regulator to order pilots to stop using a union seniority dispute to disrupt the carrier's operations after the company was forced to cancel a US$6.l billion aircraft
      Bloomberg  -  366 words
    • 2007 18 OTY FUWtT ETA M6WT ETP 5Q468 2240 Canakana 5K973 1900 5K972 2155 •4,1,H| AF8087 1850 Da Mm* M*633 2255 MI633 1425 BA7381 1850 SQ5024 2255 5Q5024 142S QF81 1850 Darwin AF8087 1850 Amsterdam SQ323 0620 A***** 2255 BA73J1 1J50 AZ3992 1450 K1838 2255 QH1 1«50 ICL837
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    • 323 18 Bloomberg [NEW DELHI] Go Airlines Pvt, a closely held airline set up by the Wadia family, which controls India's largest cookies producer, said it is in talks to buy as many as 50 planes from either Airbus SAS or Boeing Co. The
      Bloomberg; REUTERS  -  323 words

  • SHIPPING
    • 795 19  -  ICS fears direct EU membership will weaken quality of decision making By DAVID HUGHES in London THE International Chamber of Shipping (ICS) has urged its members worldwide to lobby their governments to thwart plans by the European Commission (EC) to take over
      BLOOMBERG  -  795 words
    • 294 19 SGX '000 June 24 SS Vol CH Offshore 0.37 unch 277 Chuan Hup 0.77 0.01 1329 Cosco Corporation 1.88 -0.01 2846 CVVT Distribution 0.66 -0.01 10 Ezra Hldgs 1.21 0.03 479 Freight Links 0.08 unch 1155 Grand Banks Yacht 0.96 unch 0 Jaya Holdings 1.09 unch 165 K1
      294 words
    • 161 19 AFP [KUALA LUMPUR] Malaysia's southern Johor state, which lies opposite Singapore, has been hit by a giant oil slick believed to be one of the region's worst environmental disaster in recent years, a report said yesterday. Fishermen in Pengerang, on the southernmost tip
      AFP  -  161 words
    • 465 19 Reuters [HONG KONG] China Cosco Holdings Ltd raised US$l.22 billion after pricing its initial public offering near the bottom of a proposed range amid tepid demand, a source close to the deal said yesterday. Fund managers had expected the offering to be
      Reuters  -  465 words
    • 44 19 AFP [KOLKATA] Hundreds of Indian residents watch as an Indian cargo vessel is stuck under the bridge ofHowrah in Kolkata. on Friday. The vessel later cleared without any major damage but the incident caused a huge traffic distruption. —AFP AFP
      AFP  -  44 words
    • 428 19  -  Group pledges continuation of quality service By DONALD URQUHART [SINGAPORE] P&O Nedlloyd's anticipated withdrawal from the Grand Alliance has been given tacit acknowledgement by its alliance partners who have pledged a continuation of quality service to their customers. The AP Moeller-Maersk group, currently
      428 words
    • 210 19 Bloomberg [LONDON] The UK coastguard detained a Liberian-flagged oil tanker scheduled to transfer its cargo to another off the east coast of England because of safety faults. The Betatank 11, which can carry about 100,000 metric tons of oil, was held up
      Bloomberg  -  210 words

  • 11072 20 STRAITS TIMES INDEX STOCKS Stock name Wt dose Change Allgreen 50c 0.29 1.140 -0.010 Ascendasreit 1.00 2.080 -0.050 BIL Intl US20c 0.50 1.190 +0.010 Capita Land 1.50 2.360 CapitaMall 0.79 2.380 -0.020 Chart SemiCond 26c 0.92 1 330 +0.020 CityDevSOc 2.38 7.850 +0.050 ComfortDelGro 25c 1.89 1.670 +0.020
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  • 6064 21 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES la tool on hit In IMS %dy %tfy jf dy %yr Jun 24 IndM Oi*mm Chany Ounpm Chang* Ou«g« Otmgt Work! Index Pretimm*) 8720 -0.4 23 42 10 -04 -14 J EAFE Preliminary 817.1 46 U 44 41 (U 26 turope Preliminary 1137.9
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  • Page 22 Advertisements
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    • 829 22 IINTIKAStA KOtO MKViq vcsa/voT jjajgi hbghiw to kh ui *1 STRAITS VENTURE 13/05 IS 1.2 22/04 23/06 28/04 01/07 03/07 STRAnS VENTURE 14/ OS IS 3.2 06/07 06/07 14/07 17/07 11/07 STRAITS VENTURE IS/DS IS 3.2 22/07 24/07 28/07 31/07 02/08 IAUITKAIIAN KOtO M«VK» I VBSa/VOT IRAWPQCT) I HBGHTf) I
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  • Page 23 Advertisements
    • 1500 23 OTiw.hgmliurißud-.om H AM *35^ AUSE SERVKI (EXPORT) ETA JB SINGAPORE MISBANE STPNtT MHIOUtNE MHUUOT SINGAPORE BRISIANI STDWIT MELBOURNE APtIAIPE CAPAGUILAB IQSS 01/07 11/07 IVO7 16/07 19/07 CAfA6UItA» IO6S 21/07 01/01 10/08 13/88 16/08 CS(L XIAMEN POMS OS/07 IS/07 20/07 23/07 28/07 (Sa XIAMEW 0082S OS/0I IS/01 17/01 20/08 21/08 SCOW
      1,500 words
    • 1303 23 VESSEL VOT_ SIN JKT H>G KHH INC KYH PUS VESSEL VOY SIN JKT SUE HKG USN PUS HY BKIPGE JTOS 30/4 2/7 Ifl V 7 11/? 13/7 13/7 KMTC JAKARTA 5095 3/7 4/7 7/7 12/7 16/7 17/7 HY VLADIVOSTOK 1615 7/7 1/7 14/7 14/7 l»/7 20/7 M/ 7 KMTC ULSAN
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    • 1003 23 WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS VtSSfl VOT SIH I WONG cotomo USHCVA (OtOWtO KOI* PtKWIKA YPWO6S 20 JUN ?l JUH 24 JUW 27 iUN 30JUH INDIRA GANDHI 0094W 27 iUN 28 iUH 01 JUL 04 JUL 07 JUL RAJIV GAHDHI 0094W 04
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  • Page 24 Advertisements
    • 1127 24 UUf WALLENIUS WILHELMSEN website: hYtp://www.2wglobol.com VESSEL VOY RAMP HEIGHT SIN IK ~MAO~ HOW MIA SAY lAL ORf NYC ~NEW MOI TARONGA AFSIB 320TMS 6.25 M 20/07 10/08 19/08 24/08 30/08 28/08 TAMPfRI AFSI9 ***** M 6.30* 27/07 20/08 29/08 02/09 07/09 OS/09 TAMESIS AFS2O ***** M 6.40 M 05/08 30/08
      1,127 words
    • 1589 24 rasa voy sm pou vissa voy sw jut PACIAMDA ISOIN 2S/06 28/06 PACOAU 4172 20/06 30/06 CSf 2301 0139P 28/06 29/06 #5/07 P*C OAHOA 1S02N 29/06 30/06 L LilZl 05/07_ 23/06 csf 2301 0140P 30/06 02/07 nCIAMDA 1S03H OliSZ filZfiZ_ 111! >11 i f'HM PAC IANDA IS04N 02/07 03/07 *fil
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    • 689 24 BSA i, I STriT9VVS3 I WSRI^^HF MYANMA BH FIVE STAR LINE (Myanmar Notional Line) Loading for Yangon VESSEL VOY SIN PU PEN PGU PAGAN 348W SU> HPA-AN 337W SU> IN MALAYSIA: lOUSTIAD SHIPPING AGENCIES KUI/PKL 03-*****348 PEN: 04-*****15 ACCEPTIN6 CONVENTIONAL CGO VESSEL VOY HKG SIN PGU PU KUC NAPtU 1M
      689 words

  • THE BUSINESS TIMES SHIPPING TIMES
    • 9726 25 ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Aehjerther V«sel Vol** Telephone SIN Oest'n Name Name Number Number SIN Oeit'n Name Name Number Number To APAPA (APP) 2021 Nigeria TO ABIDJAN (ABJ) 2003 Cote D'lvoire 04/07 07/08 Mmas URSULA DELMAS 527W *****344 04/07 29/07
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  • Page 25 Advertisements
    • 616 25 Guaranteed Sailing! I Service from Singapore to: I Los flngeles 'Twlti Keelunq I Weekly Consol. Twice weekly I Mon cut-off. Consol. I 14 days transit. on j^ urs CU f- 0 f f I HUB MARINE PTE LTD BOOKING: *****375/716 MAINLINE: *****866 FAX: *****066 OPfl CODE "DZ" CR NO **********0Z
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    • 714 25 FREIGHT LINKS EXPRESS PTE LTD JtKr 51 Penjuru Road, 3 Level, Freight Links Express Logisticentre, Singapore *****3 Tel: *****511 Fax: *****577 f Website:http://www.freightlinls.net ■■p^S ATTRACTIVE RATES TOs ALEXANDRIA GENOA KEELUNG KAOHSIUNG LE HAVRE MALTA MAHE MARSEILLE J|g3|r PJjIJ LCL SERVICE TO CHINA ASIA 82* HH| CEBU DALIAN HONG KONG JAKARTA
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    • 456 25 ■■((■TIGERPEAR^W!^ ■PWPHI TIGER SEA 296N 02-03/07 08 10/07 16 17/07 HLiSjUUJa TIGER SKY 297N 05-06/07 12 14/07 19 20/07 TIGER WAVE 298N 09-10/07 15-17/07 23-24/07 1 ■■■■■TIGER PEARL 299N 12-13/07 19-21/07 26 27/07 TIGER SEA 300 ii 16-17/07 22-24/07 30-31/07 17-18/07 ■WHtflfli TIGER SPIRIT 105 08-09/07 15-17/07 25-26/07 1 ■SUUIifIPHIITAN
      456 words


  • BizIT
    • 815 27  -  Study shows IBM, HP and Sun control 85% of market. AMIT ROY CHOUDHURY reports AMIT ROY CHOUDHURY SINGAPORE sales of server hardware grew by a sluggish 2 per cent in the first quarter of this year to US$5B.6 million from U5557.5 million in the
      815 words
    • 579 27 Bloomberg [WASHINGTON] James Clark, the Internet pioneer who co-founded Netscape Communications Corp, plans to start marketing computer software that he developed to automate his two yachts and Florida mansion. Mr Clark formed closely held Command Scape Inc in Redwood City, California, to determine demand
      Bloomberg  -  579 words
    • 251 27 Bloomberg [BANGALORE] Sun Microsystems, seeking to return to profit after three years of losses, said sales in India will increase by at least another 4 per cent annually after closely-held ESys Technologies Group agreed to distribute Sun's products in India.
      Bloomberg  -  251 words
    • 456 27  -  By ROLAND LIM ASIA will be the fastestgrowing market in the world for wireless broadband, according to Mohammad Shakouri, board member and chair of the marketing working group of the WiMAX Forum. In fact, "Asia is going to be the biggest market for this
      456 words
    • 518 28  -  Businesses already enjoying benefits, but consumers to wait a bit longer By ROLAND LIM VOICE-over-Internet Protocol (VoIP) is hot, and Linksys founder Victor Tsao has been coolly surprised by the market acceptance for the technology. "We have shipped over 2 million VoIP ports
      518 words
    • 334 28 AP [TOKYO] Confidential data for several Japanese nuclear plants was leaked onto the Internet when a worker's computer loaded with file-swapping software was attacked by a virus, a company said. The Japanese government said it was investigating whether the data included sensitive information
      AP  -  334 words
    • <what's new>
      • 98 28 HOME entertainment specialist Pioneer has launched the DVR-330-S, the first DVD recorder in the world to incorporate the Dual Layer DVD-R (DVD-R DL) technology. With a DVD-R DL and its long-recording mode activated, recording time on a single DVD-R DL can go up
        98 words
      • 101 28 NETWORKING solutions provider Netgear has launched its latest RangeMaxT range of wireless networking products. Its Range Max Wireless router WPNB24 features MIMO (multiple-input multiple-output) technology, coupled with Beam Flex smart antenna technology to ensure the fastest and longest range of transmission as tested by VeriTest Labs. The
        101 words
      • 78 28 COMPUTER Associates International has introduced five Protection Suites targeted at SMEs, addressing their security, storage and data migration needs. Offered in 17 languages, CA's Protection Suites incorporate antivirus and anti-spyware technology, automated data backup and restore functions, and system migration technology. They will be
        78 words
      • 85 28  -  Compiled by ROLAND LIM STORAGE management specialist Acronis has released Acronis Snap Deploy, a software deployment solution which enables organisations to deploy new PCs and servers quickly. The software first creates an image of the standard system software configuration, which can then be deployed onto systems on
        85 words
    • 820 29  -  &lt;you say&gt; Expect it to be a big theme throughout 2005,2006 ANDY LAKE CORPORATE governance has succeeded in attracting a good deal of public interest because of its importance for the economic health of corporations and society in general. And with e-mail use becoming one
      820 words
    • 795 29  -  US proposal has strong support and ban may be lifted as early as next year By RAJU CHELLAM THERE'S a whole new business opportunity that's just waiting to open. That's the market for inflight cellphone communications for both voice and data which
      AFP  -  795 words
    • 410 29 Washington Post [WASHINGTON] Two weeks ago, Apple Computer said it would follow the advice of its own ads: "Switch." Starting next year, Apple will build Macintosh computers that run on Intel processors instead of PowerPC chips. That's an enormous shift for
      Washington Post  -  410 words
    • 157 29 THE National Infocomm Competency Center (NICC) has launched the Infocomm Training Awards (ITA) to recognise outstanding organisations and individuals in infocomm training and certification. Topping the list is the Organisation of the Year 2005 award, which aims to recognise a Singapore organisation that has shown
      157 words
    • <what's up>
      • 74 29 THE Information Systems Audit and Control Association (ISACA) has re-elected Abdul Hamid Abdullah as its vice president. The deputy director of the Auditor General's Office in Singapore and head of the Auditor General's Office's computer audit division, Mr Abdul Hamid helped formulate the Singapore Government IT Security
        74 words
      • 51 29 COMMUNICATIONS solutions giant BT has announced the appointment of Douglas Peris as its Asia Pacific vice president for customer service. His responsibilities include leading and directing all service teams in Asia Pacific. Mr Peris was previously the Asia Pacific regional director of global managed services at
        51 words
      • 52 29 PERFORMANCE management solution provider Datastream has appointed Clement Goh as its sales and marketing director in Asia Pacific. Prior to joining Datastream, he was with McData in Asia Pacific, as its field program director. He has also previously worked for EMC Singapore and Oracle
        52 words
      • 56 29 FUJITSU PC has promoted Ng Yoon Seng to vice president, marketing, Fujitsu PC Asia Pacific Pte Ltd (FPCA). His new responsibilities include overseeing the regional marketing teams and building the brand awareness of Fujitsu PC regionally. Prior to his promotion, he was responsible for
        56 words
      • 104 29 SINGAPORE Telecommunications Limited (Sing Tel) has announced that regional satellite service provider Prognostic Services has signed an agreement for the purchase 0f2,000 units of Inmarsat Broadband Global Area Network (BGAN) pre-paid SIM cards from its Mobile Satellite Business (MSB) Group. Sing Tel will leverage on
        104 words
      • 76 29  -  Compiled by ROLAND LIM YOUR next visit to one of National Heritage Board's four museums will definitely count. Siemens Business Services has implemented an automatic people counting system for the NHB which performs real-time people detection. This allows NHB to obtain accurate information on the visitorship
        76 words
  • Page 27 Advertisements
    • 153 27 Allowing use of cellphones inflight opens new market PG 29 Can your network go around the world in 80 nanoseconds? HOW AT&T HELPED COSCO TRANSFORM ITS BUSINESS. When the China Ocean Shipping Company wanted to expand its business into new ports of call, they steered right for the world's networking
      153 words

  • Page 28 Advertisements
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  • Page 30 Advertisements
    • 244 30 Y^g^^u|^iai|^ The unmatched privileges of UOB VISA Platinum for those who DARE TO LIVE The Finest Golfing Privileges The Most Desirable Dining Programme Premier Spa Privileges More Rewarding Travel Pnmnlimpntarv golf at 3 too courses in Singapore Complimentary dining at Raffles Hotel, Grand Hyatt Singapore, Complimentary spa access at St
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