The Business Times, 25 July 2005
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2005-07-25
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The Business Times
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Title Section17 2005-07-25 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asia 1 .com.sg MICA (P) 089/03/2005 Monday, July 25,200517 words
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Article, Illustration660 2005-07-25 1 VEN SREENIVASAN - Valuair, Jetstar to merge into bigger new airline By VEN SREENIVASAN [SINGAPORE] Singapore will have a new low-cost carrier (LCC), Orange Star, which will take to the skies later this year. But two now-familiar names Valuair and Jetstar Asia will be noFILE PHOTO - 660 words
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603 2005-07-25 1 ALEXANDRA HO - Govt move allowing 90% loan helps more people close deals, say property agents By ALEXANDRA HO [SINGAPORE] An increased flow of visitors to showflats around the island gave a spring in the steps of property agents and developers over the weekend. Property agents told BT603 words
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Article136 2005-07-25 1 MARKETS Week Chge STI *****4 „_.+69.05 KLSE COMP .939.69 -....+22.85 NIKKEI 225 .—-*****.05 -63.63 HANG SENG *****.46 ....+282.17 SET INDEX 648.92 -6.54 JAKARTA COMP ...*****4 —.+40.78 MANILA COMP -.1954.40 +57.32 TAIPEI TAIEX .6544.46 -..+133.87 SEOUL COMP 1074.22 +14.62 SHENZHEN B .210.71 -1.13 AUST ALL ORD 4324.20 +70.00 DOW136 words
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Advertisement84 2005-07-25 1 Im: Aergmrag «a AM wrioi tnc riMPii i Bkfe Ws:^r s! P- jjjf/ v BETTER BITE < vs gourmet burger |l w PGIO ntitifi (Hff' viwinvip Alfred Leungs new Tfeochew treasure s Y' B£s 4A P6lO U A.t M& »'V 'ISSIj VIQ uYi STRIKING WORKPLACE BALANCE Top corporate leaders on84 words
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Advertisement37 2005-07-25 1 Li Ka-shing revving up USslb F1 bid PGIS 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 account37 words
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TOP STORIES
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Article, Illustration958 2005-07-25 2 VEN SREENIVASAN - COMMENTARY 'Forced marriages' like Valuair's confirm that the marketplace is neither free nor fair VEN SREENIVASAN Senior Correspondent IT LOOKS like crunch time for the region's low-cost airlines. While the parties involved are silent, the fact that two of the region's best-capitalised players are958 words
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Article442 2005-07-25 2 Low-cost airlines face up to reality DESPITE all the talk of a merger and the formation of a new airline with an improbable name of Orange Star, it looks like a takeover by Jetstar Asia. But Valuair is a good takeover candidate, writes senior correspondent Ven Sreenivasan. TOP442 words
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Article, Illustration185 2005-07-25 2 AFP [LONDON] The secret of Prime Minister Tony Blair's famous all-year healthy glow has been revealed he spends almost twice as much on makeup as the average British woman. Figures released by Downing Street in answer to a parliamentary question showed that Mr Blair spentAFP - 185 words
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808 2005-07-25 3 ANDREW MARKS - WALL STREET INSIGHT Oil firms' earnings to provide support this week as analysts look out for Fed's Beige Book By ANDREW MARKS in New York IT is a mark of just how strong this current stock market rally is when traders, coming off a808 words
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Article, Illustration621 2005-07-25 3 PAULINE NG - Oh, what a week it was —with two fresh initiatives MALAYSIA INSIGHT By PAULINE NG in Kuala Lumpur MOST Malaysian businessmen and executives, not having had to bother with currency strategies for almost seven years, were busily huddled together last Friday in an attempt to second-guess the ringgit's direction andPHOTO: ARTHUR LEE - 621 words
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705 2005-07-25 3 PAULINE NG - Ringgit expected to gain up to 5% to RM3.60 by year-end By PAULINE NG in Kuala Lumpur IN every cycle, there are winners and losers. The end of Malaysia's sevenyear fixed currency peg cycle last Friday saw the country's firms scrambling705 words
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Article113 2005-07-25 3 LEE HSIEN LOONG - LEE HSIEN LOONG His Excellency Hosni Mubarak President Arab Republic of Egypt Excellency On behalf of the people and Government of Singapore, I would like to convey my deepest condolences to Your Excellency and the people of Egypt over the horrific bOmb attacks in Sharm El113 words
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Page 2 Advertisements
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Advertisement425 2005-07-25 2 Education Fast-Track Your Career I*-J] with APMI |H "At APMI there is a highly developed set of t IB i w standard operating procedures for ensuring student 1 I lIH support. We had never come across such close and detailed student support systems for any other I HHk (Academic Review425 words
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Page 3 Advertisements
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Advertisement61 2005-07-25 3 Jet Asia Kolkata $178. i m 4lu>y JTsl '"r?^ I u i Hike >k hotn < Mni iila from $128; faipei from 12! Starting 18 August 2005. Jetstar Asia flies three times a week to Kolkata from only $178. Simply book by 31 July and travel by 15 October 200561 words
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COMPANY NEWS
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Article623 2005-07-25 4 R SIVANITHY - HOCK LOCK SIEW By R SIVANITHY IT IS clear that Malaysia and China's decision last Thursday to unpeg their currencies should give their stock markets a much-needed boost. And that was the initial outcome on Friday when share prices rose in the opening trades. The favourable623 words
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398 2005-07-25 4 ALEXANDRA HO - The firm's IPO raised $211m at $0.68 per unit By ALEXANDRA HO MAPLETREE Logistics Trust is expected to start trading on the Singapore Exchange this Thursday, after raising $211 million from its initial public offering (IPO) last week, at the top end398 words
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237 2005-07-25 4 Reuters [BANGALORE] India's Federal Technologies Ltd (FedTec), which designs set-top boxes and multimedia players, said its assets were set to be acquired by the world's top contract electronics manufacturer Flextronics The deal value has not been worked out yet, and shareholder approval forReuters - 237 words
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Page 4 Advertisements
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Advertisement13 2005-07-25 4 I our hotline to find out iiovif *i--■' I > 08? fliftf I "^^^lljjjjjjjjjjj^j^13 words
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Advertisement187 2005-07-25 4 Flight eligible for frequent flyer miles. For more Royal SKIES information, call your travel agent or Royal Brunei BRUNEI Airlines at 6235 4672 or visit www.bruneiair.com JBT E5O Leaders Talk What are the competitive benefits of branding? Why are brands so few and far between among Asian companies? And how187 words
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Advertisement17 2005-07-25 4 rJ a I■ 1 The Straits Times Recruit The first step on your ladder to success i17 words
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Advertisement391 2005-07-25 5 > LOOKING FOR A COST-EFFICIENT, WELL-CONNECTED FREE ZONE TO TAKE YOUR BUSINESS FURTHER, FASTER? 1 > In that case, make Pelepas FREE ZONE your base. outstanding network of air, rail and road infrastructures, making your reach to other markets efficient and effortless. And not only that, all Pelepas FREE ZONE391 words
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SINGAPORE MARKETS
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Article, Illustration707 2005-07-25 6 R SIVANITHY - STOCKS R SIVANITHY Senior Correspondent IF there is any single lesson to be gleaned from last week's action in the stock market, it is the importance of having tradeable, plausible themes to bank on. At this stage of the game, with a five-and-a-half-year high707 words
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Article62 2005-07-25 6 Midas' dividend payment, Jul 25 Courts' dividend payment, Jul 28 Burwill's dividend payment, Jul 29 Grand Banks' dividend payment, Jul 29 Singamas' dividend payment, Jul 29 SIA Engg, AGM EGM, Jul 25 Econ Intl, AGM, Jul 26 Oakwell Engg, EGM, Jul 26 Circuits Plus, AGM, Jul 27 SIA,62 words
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369 2005-07-25 6 CURRENCIES AFP [HONG KONG] Asian currencies largely rose on the back of China's announcement on Thursday that it had revalued its currency and scrapped the yuan's decade-old peg to the dollar in favour of a managed float against a basket of currencies. Japanese yen:AFP - 369 words
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Article, Illustration1758 2005-07-25 6 Consensus No.of Forecast Mean Fri's Consensus No.of Forecast Mean Frfs recommendation esti- EPS PE target price recommendation esti- EPS PE target price Company name This wk Last mth mates (cents) (ratio) price Company name This wk Last mth mates (cents) (ratio) price Allgreen Properties 2.73 2.73 11 6.921,758 words
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Article601 2005-07-25 6 Payment Ex looks Pay Payment Ex looks Pay 1SB1 tHi 3#M (£61 data dps* date Adv Integrated Mfg 2.5c w 035 h 14-JU 1»-Jul 03-Aug Pac Andes 20c b 1.63TA 04 Aug 10 Aug 26 Aug Airocean 5c b 0.30 05-Aug 11-Aug 01 Sep Popular Hldgs 10c x601 words
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442 2005-07-25 6 COMMODITIES: WEEKLY ROUNDUP Bloomberg, AFP Bernama [NEW YORK/LONDON] Gold slid by the end of the trading week in New York, while oil prices were supported by China's yuan revaluation. Gold: Gold fell in New York on Friday for the first day inBloomberg,; AFP; Bernama - 442 words
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Article, Illustration1249 2005-07-25 7 TEH HOOI LING - TEH HOOI LING Senior Correspondent The relaxation of some of the property buying regulations helped lift the primarily blue-chip index the Straits limes Index up higher for four consecutive days last week. The STI gained 3.1 per cent to surpssß yet another five-and*-half year high. This1,249 words
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Article, Illustration1190 2005-07-25 7 ROBERT HALILI - INSIDE MARKETS Though sentiment is positive so far this month, directors and big shareholders were more bullish in June, notes ROBERT HALILI ROBERT HALILI THE 3 per cent surge in the market last week led to cautious trading by directors and substantial shareholders. BothFILE PHOTOS - 1,190 words
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VIEWS FROM THE TOP
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Article, Illustration2593 2005-07-25 8 THIS WEEK'S TOPIC How much importance should organisations give to promoting work-life harmony? What is your organisation doing in this respect and would you like to see it do more? GIVEN the many challenges of modernday living, we need to constantly remind ourselves that2,593 words
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Page 8 Advertisements
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Advertisement68 2005-07-25 8 BTGEOse-Gub 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 executives on various68 words
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Page 9 Advertisements
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Advertisement60 2005-07-25 9 1 H "^PH|^|P^ ',--v. vfe. x 'J' < v > Learn how Work-Life Harmony can work for your company and how you can tap on the $10 million WoW! Fund by attending the briefing: Monday, I August, 4.00pm Ministry of Manpower Meeting@MOM (Level 2) 18 Havelock Road Singapore *****4 To60 words
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Advertisement14 2005-07-25 9 f HAVE YOUR SAY Mdayoitliiof the opinioig wpwsMd in views by writiny to bttettefOsph.coiivsg14 words
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DINING OUT
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Article, Illustration698 2005-07-25 10 Geoffrey Eu - Formidable restaurateur Alfred Leung's month-old casual dining outlet is running like a well-oiled culinary machine By Geoffrey Eu Imperial Treasure Teochew Kitchen 3 Temasek Boulevard #81-011, Suntec City Mall. Tel: 6339-3118 WHEN it comes to striking culinary gold, Alfred Leung is the man with the Midas698 words
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Article, Illustration1023 2005-07-25 10 HERE'S the dining question of the week: Can a fast-food burger be as good as a gourmet burger? That question came to light with the entrance of Carl's Jr to the local dining scene. At $7.90 for a double bacon burger (and a little1,023 words
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Page 10 Advertisements
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Advertisement183 2005-07-25 10 1 1 1 T Career choices... hH| i i .f I I |||jW Peking lu f Duck U > USUAL t CO PRICE y JJL Limited lo one per table with mm. order of S7f> onwards b2 56 Upper Cross Street (Opposite Chinatown Point Carpark) vjvjvj spnngcourt corn sy Tel'183 words
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Advertisement59 2005-07-25 10 ■VKffiphy The Neptune (Cotyer Quay) Lunch *24-29 July Turkish Set Lunch: $20* per person (includes Doner Kebab) Reservations: 6224 3922 Actl (LpvH 35, Grand lower) Meritus Mandarin Singapore Dim *23 29 July (Fully booked on 25 July) Buffet Dinner $48* (adult) $30* (child) Reservations: 6831 6288 MlfmJS MANDARIN *Pnces are59 words
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SINGAPORE NEWS
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492 2005-07-25 11 ALEXANDRA HO - BH survey also finds most have not planned for future medical expenses By ALEXANDRA HO LESS than a quarter (24 per cent) of Malays aged 25 and above have some form of savings for retirement, according to a survey by Malay daily Berita492 words
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Article364 2005-07-25 11 CHLOE CHOY - The new plan will be guided by three principles By CHLOE CHOY FOLLOWING the success of its Library 2000 plan, the National Library Board (NLB) last week unveiled its new Library 2010 (L 2010) plan, a day before the reopening of the new National Library, which364 words
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Article203 2005-07-25 11 DATE/ TIME EVENT VENUE 26 Jul Seminar on IT Security Four Seasons Hotel, 8.30pm 190 Orchard Boulevard 26 Jul The Retail Academy's First Sheraton Towers, Ball10.00am Anniversary and Certificate room 2, Level 2 Award 26-27 Jul Nanyang Polytechnic Grad- Nanyang Polytechnic 10.00am uation Ceremony 2005 Auditorium 26 Jul203 words
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Article, Illustration219 2005-07-25 11 GRAFFITI took a constructive turn on Saturday when Street Arts, a graffiti competition, drew over 100 participants who decorated outdoor bus panels for charity. While participants in the 3D category worked on the entire bus panel, others in the 2D category painted on whiteARTHUR LEE - 219 words
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Page 11 Advertisements
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Advertisement1426 2005-07-25 11 CORPORATE BANK incorporated m rrwcc 49M with Hmtted Babttty (formerly known 8S Credit AgflCOle IndOSUez) Fax: 6532 2422 Consolidated financial statements Consolidated income statements Consolidated balance sheets for the years ended 31 December 2003,31 December 2003 pro forma and 31 December 2004 for the years ended 31 December 2003,31 December1,426 words
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Advertisement96 2005-07-25 11 r. i. ■#>* v mm I iV'f v-y .V, ag> <-f < j I PLEASURE Expect the unexpected with our Executive Suite Getaway Take advantage of gourmet international buffet breakfasts, stunning views of the Chao Phraya River, round-trip airport transfers and legendary Asian hospitality. All from just USs3lo++ per night*96 words
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BT-CITIBANK YOUNG INVESTORS' FORUM
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Article, Illustration929 2005-07-25 12 MINDY TAN - Always read the fine print whether it be an overdraft account a credit card or an instalment purchase plan, says MINDY TAN MINDY TAN WE have looked at the not-so-hidden costs as well as the hidden costs of taking out loans from banks interest asJACQUELINE PHUA - 929 words
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Article, Illustration677 2005-07-25 12 KELVIN SAM - CAMPUS LIFE SMU students picked up more than expected at a special Citibank event recently, reports KELVIN SAM KELVIN SAM IT WAS a rainy and gloomy evening but the mood of the 40 students from the Singapore Management University (SMU) entering Mac Donald House was677 words
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Page 12 Advertisements
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Advertisement250 2005-07-25 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 Tertiary Outreach Programme, isn't another dry page out of your financial textbook. To complement our editorial content, we have250 words
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ECONOMY WATCH
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932 2005-07-25 13 AFTER THE FLOAT Difficult balancing act in store, controlling 'hot money' flowing in and out of country NYT [SHANGHAI/WASHINGTON] After moving to revalue its currency last week, China is bracing to see whether the shift will trigger a huge influx of speculative capital. TheNYT - 932 words
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Article, Illustration618 2005-07-25 13 Reuters [LONDON] The Chinese yuan will appreciate by a further 4 per cent against the US dollar over the next 12 months, according to a Reuters poll carried out after Beijing announced currency regime changes. The poll of 33Reuters; REUTERS - 618 words
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159 2005-07-25 13 Reuters [KUALA LUMPUR] Malaysia aims to keep its currency stable and has not set any trading level for its value, the country's second finance minister said yesterday, three days after Malaysia moved to a managed float of the ringgit. "In the long run,Reuters - 159 words
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337 2005-07-25 13 AP [NEW YORK] So much for rising oil prices sending US investors and consumers into a lasting state of panic. That hardly seems the case when you see sales of sport utility vehicles surging, the stock market topping multi-year highs and retail salesAP - 337 words
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459 2005-07-25 13 Despite de-pegging most currency controls still remain AP [BANGKOK] Having in one deft move ended the US dollar link that anchored the Chinese economy through years of meteoric growth, Beijing is tackling its next big task: managing expectations of whatAP - 459 words
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Advertisement167 2005-07-25 13 swissoats aiii TWIN PACK OFFER $70 With Health Aid Effervescent Vitamin C (While Stocks Last) Improves vitality, stamina and endurance Improves alertness V Increases muscle strength and jH f physical energy n m JHiiik M n natura vitamins, fj Lf minerals and amino acids HaS Stron9 dnt OX C ant167 words
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MALAYSIA/INDONESIA
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Article736 2005-07-25 14 Its purchase of Lippo comes amid changes in Indon banking sector [KUALA LUMPUR] Khazanah Nasional Bhd's move to increase its exposure to Indonesia's banking sector comes at a time when change will be the all-im-portant factor driving the industry there, the Star reported. The government investment736 words
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Article, Illustration592 2005-07-25 14 Govt aims to attract 67% more visitors from Middle East Bloomberg [KUALA LUMPUR] Malaysia's government is paying 500 Arabic-speaking students from the country's International Islamic University to be part-time guides as it steps up efforts to woo Middle Eastern tourists. The students, stationedBloomberg; BLOOMBERG - 592 words
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250 2005-07-25 14 AP [KUALA LUMPUR] Malaysia might no longer have crude oil exports as a revenue source by the end of this decade because the country's reserves are dwindling, the government said on Saturday. "Malaysia is an oil exporter, but if we do not find newAP - 250 words
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Page 14 Advertisements
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Advertisement1948 2005-07-25 14 I Notices VAAN ICCUWTY tCCHMUOSV UMtTtD Company Registration No. *****2490W Incof porated in the Republic of Singapore NOTICE IS HEREBY GIVEN that the Annual General Meeting of YAAN SECURITY TECHNOLOGY LIMITED ("the Company") will be held at 30 Cecil Street, #15-00 Prudential Tower, Singapore *****2 on Friday, 12 August 20051,948 words
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Advertisement548 2005-07-25 14 ROBINSON COMPANY LIMITED Company Registration Number *****0011H (Incorporated in Singapore) LOST STOCK CERTIFICATES The undermentioned stock certificates have been reported lost, destroyed or mislaid:Name Certificate No. No. of Stock Units Estate of Marjorie Kathleen Curtois, Deceased *****5 600 Estate of Marjorie Kathleen Curtois, Deceased *****2 120 NOTICE IS HEREBY GIVEN548 words
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CHINA
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566 2005-07-25 15 The HK group hopes to obtain Bernie Ecclestone's approval [LONDON] Hutchison Whampoa, the Hong-Kong based conglomerate controlled by the tycoon Li Kashing, is preparing a US$l billion bid to buy Formula 1 in a move that will send shock waves through the sport,566 words
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434 2005-07-25 15 Reuters [BEIJING] The death toll from an unidentified disease has risen to 17 with 41 other people affected in southwest China's Sichuan province, state media said yesterday. The victims, all farmers, came from dozens of different villages around the neighbouring cities of Ziyang andReuters - 434 words
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Article3142 2005-07-25 15 Transaction date: Jul 22 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 HONG KONG vol i.a 0.01 336 HKS '000 EganaGokfcjfeil 1.82 -0.02 801 Esprit Holdings 55.70 0.60 4843 Aeon Credit 5.20 unch 43,142 words
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525 2005-07-25 15 [LONDON] Nanjing Automobile, China's oldest vehicle manufacturer, on Friday night bought MG Rover, the failed Birmingham carmaker, for a little more than £50 million (S$ 144 million), the Financial Times reported over the weekend. The deal will frustrate rival525 words
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Article, Illustration507 2005-07-25 15 AFP [HONG KONG] When Disney's newest theme park opens here in just over 50 days time, green hats will be banished, clocks will be kept to a minimum and fried rice rather than hot dogs will top the menu. The US$l.B billion park,AFP - 507 words
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INDIA
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Article, Illustration647 2005-07-25 16 India will use Mittal's widespread presence to boost energy security Bloomberg, Reuters [NEW DELHI] Oil Natural Gas Corp (ONGC), India's largest oil explorer, and Lakshmi Mittal, who owns the world's biggest steelmaker, plan to set up two companies to acquire oil and gasBloomberg, Reuters; AFP - 647 words
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288 2005-07-25 16 It offers latest F/A-18 Super Hornet to Indian Air Force AP [NEW DELHI] US aircraft maker Boeing has joined the race to supply fighter jets to the Indian Air Force, a senior company official said on Friday, weeks after theAP - 288 words
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Article, Illustration665 2005-07-25 16 ASHOK KUMAR - INDIA INSIGHT ASHOK KUMAR In Mumbai THE global animation production and licensing market appears poised for major growth. It is expected to clock revenues worth US$5O-70 billion by end-2005. Last year saw the release of four major animation movies that are well on their665 words
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465 2005-07-25 16 US-INDIA PACT Reuters [WASHINGTONJ Just over an hour after the White House's surprise pledge to help India develop its civilian nuclear power sector, the head of General Electric, the US company that could benefit most from the policy change, satReuters - 465 words
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371 2005-07-25 16 Reuters [NEW DELHI] India's oil minister said on Saturday a proposed gas pipeline from Iran across rival Pakistan was a risky venture that would be difficult to finance, but added that talks on the US$7 billion project should continue. "The pipeline proposal is,Reuters - 371 words
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Page 16 Advertisements
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Advertisement340 2005-07-25 16 mam IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND DM THE MATTER OF CHEWLIN (PTE.) LTD (Incorporated in the Republic of Singapore) (In members' voluntary winding-up) Company Registration No. *****1447 C At an extraordinary general meeting of Chewlin (Pte.) Ltd duly convened and held at 9 Muthuraman Chetty340 words
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ASIA-PACIFIC/WORLD
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600 2005-07-25 17 Move is required before it can attend inaugural East Asia Summit in Dec Reuters. AP [VIENTIANE] Australia will sign a declaration of intent to join a friendship pact with South-east Asian nations during this week's regional security conference in Laos, the country'sReuters.; AP - 600 words
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303 2005-07-25 17 Reuters [NEW YORK] An influential group of investors is sending a letter to Morgan Stanley, questioning the company for paying outsized pay packages to outgoing executives, group representative said on Friday. The Council of Institutional Investors joins a growing band of investors, includingReuters - 303 words
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Article, Illustration539 2005-07-25 17 Cairo links attacks to anti-lsreali bombings of Oct 7 AFP [SHARM EL-SHEIKH, Egypt] Egypt yesterday launched a vast manhunt after the multiple bombings in the Red Sea resort of Sharm el-Sheikh that killed 88 people and fuelled global terror fears after the London attacks.AFP; AP - 539 words
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178 2005-07-25 17 AFP [WASHINGTON] The US will save energy and people could smile more, a legislator said, if it extends its daylight savings time by four weeks beginning in 2006 under a bill being considered in Congress. Negotiators from the House of Representatives andAFP - 178 words
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514 2005-07-25 17 Bloomberg [NEW YORK] There's something new on the New York Stock Exchange floor: technicians armed with microphones on eight-foot poles. The exchange is recording the conversations of traders as part of a programme, mandated under an April settlement with the Securities and Exchange Commission,Bloomberg - 514 words
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238 2005-07-25 17 Bloomberg [NEW YORK] PepsiCo Inc, the world's second-largest soft-drink maker, plans to return as much as US$7.5 billion in foreign profit to the US to take advantage of a one-year tax holiday. The tax liability from the move could be as muchBloomberg - 238 words
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WORLD WATCH
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101 2005-07-25 17 Reuters [BAGHDAD] The US military said at least 40 civilians were killed in a truck bomb blast outside a Baghdad police station yesterday, citing Iraqi police as the source, but the police put the death toll at 22. In a statement,Reuters - 101 words
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125 2005-07-25 17 AFP [VIENTIANE] Military-ruled Myanmar indicated yesterday it would not insist on taking over the chairmanship of the 10-nation Association of South-east Asian Nations (Asean) next year, amid fears that its leadership could plunge the regional grouping into international isolation. Myanmar has beenAFP - 125 words
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65 2005-07-25 17 Bloomberg [LONDON] Ford Motor Co fired an undisclosed number of public-affairs workers on Thursday in what may be the beginning of broader job cuts aimed at stemming six months of declining profit. "We're working on accelerating our business plan," spokesman Oscar SurisBloomberg - 65 words
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82 2005-07-25 17 Bloomberg [PARIS] US real-estate investor Barry Sternlicht agreed to pay 2.1 billion euros (554.2 billion) in cash for control of Europe's second-largest budget hotel business. Starwood Capital Group LLC, Mr Sternlicht's buyout company, agreed to purchase Taittinger SA, a French champagne makerBloomberg - 82 words
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96 2005-07-25 17 Reuters [WASHINGTON] US President George W Bush has created a new senior-level position to fight the global piracy and counterfeiting of American products ranging from Hollywood movies to Detroit auto parts, Commerce Secretary Carlos Gutierrez said on Friday. "Intellectual-property theft is aReuters - 96 words
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AVIATION
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Article, Illustration524 2005-07-25 18 ATSB's unanimous approval keeps deal on course to close this fall Reuters (WASHINGTON] The federal board holding more than US$l billion in loan guarantees for bankrupt US Airways and America West Airlines has backed plans by the two carriers toReuters; AP - 524 words
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395 2005-07-25 18 NYT INEW YORK] Despite growing ticket sales, Jetßlue Airways' second-quarter earnings almost halved as high fuel prices continued to cut into its profitability. Jetßlue, a consistently strong performer in a languishing industry, still turned a profit and met Wall Street's expectations. ButNYT - 395 words
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278 2005-07-25 18 Bloomberg [CAPE TOWN] South African Airways, the largest airline in Africa, cancelled all international flights "until further notice", as a strike by cabin crew and ground staff entered its second day on Saturday. About 107 of 121 scheduled flights were cancelled onBloomberg - 278 words
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643 2005-07-25 18 DAVID BROOKS - If they're a handful on terra firma, they're impossible up in the air, writes DAVID BROOKS DAVID BROOKS NYT IT'S summertime, which means many people these days are flying with children an experience that can be enriching and exciting, and is followed by memoriesNYT - 643 words
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201 2005-07-25 18 Bloomberg [MUMBAI] Air India Ltd, the national carrier of the world's second most populous country, said it will select one adviser this week from a shortlist of six merchant banks for its proposed share sale. The airline has shortlisted the Indian unitBloomberg - 201 words
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Page 18 Miscellaneous
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Miscellaneous208 2005-07-25 18 CRYPTIC CROSSWORD 2 It's read, possibly on either 15 Fur-clad Soviet leader in Rus- YESTERDAY'S SOLUTION s an c,t V (5) Across: 1 Talk turkey, 6 Acer, 9 3 Were breaking up the vessel 16 Undertake literary effort (5) Cor anglais, 10 Anil, 12 Second 20 Continue with the ironing?208 words
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SHIPPING
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637 2005-07-25 19 DAVID HUGHES - The real trouble is when oil price surge coincides with slowdown By DAVID HUGHES in London TO say that the price of crude oil affects shipping would be stating the obvious but the relationship between the two can be surprisingly complex. Fundamentally, shipping's637 words
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185 2005-07-25 19 WHILE increased crude oil prices have pushed up the general level of bunker prices since early 2003, another less obvious impact is a marked increase in regional price differences within the bunker market. The editor of specialist bunker news service Lloyd's List185 words
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Article294 2005-07-25 19 SGX '000 Jul 22 S$ W- Vol CH Offshore .0.39 -0.01 939 ChuanHup 0.82 0.01 1572 Cosco Corporation 2.09 -0.01 2673 CWT Distribution .0.71 0.01 221 EzraHldgs 1.30 -0.03 488 Freight Links 0.08 unch 222 Grand Banks Yacht .0.96 unch 55 Java Holdings 1.16 0.02 369 K1 Venture294 words
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Article, Illustration111 2005-07-25 19 [SINGAPORE] The 'MSC Pamela'. believed to be the world's largest container ship, sailed into PSA's Pasir Panjang Terminal last Saturday making history for the Singapore port. The 9,200-TEU vessel, owned by the Mediterranean Shipping Company (MSC). has the largest declared capacity for containerships to date, and isPSA - 111 words
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Article, Illustration523 2005-07-25 19 DONALD URQUHART - Competition is rapidly hotting up in the region By DONALD URQUHART [SINGAPORE] New worldclass cruise terminal facilities must be developed soon if Singapore is to stay ahead of the rapidly developing regional cruise competition, according to the head of the Maritime Port Authority ofCHRIS LOH - 523 words
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331 2005-07-25 19 Reuters [LOS ANGELES] The busiest US seaport complex, strained by surging Asian imports, on Saturday introduced a controversial fee on peak-hours trade designed to expand capacity while reducing highway congestion and port pollution. Billed as the first of its kind inReuters - 331 words
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140 2005-07-25 19 NYT [TOKYO] Four crewman died and five others were missing after two ships collided in heavy fog and one sank on Friday off the coast of Chiba Prefecture, Japan Coast Guard officials said. This is the ninth ship collision since lastNYT - 140 words
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Advertisement13 2005-07-25 19 nr^n Lianhe Zaobao I I I Centre's, I RU I I I I13 words
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Article11110 2005-07-25 20 STRAITS TIMES INDEX STOCKS Stodmame MR Close Chang* Stock urn MR Oom Chang* Stock Mm* MR dOM Chang* AtlgreenSOc 0.32 1.320 +0.050 Haw Par Corp 0.43 5.200 SPH 20c 4.75 4.580 +0 020 Astendasreit 1.09 2.370 +0.020 HyfluxSc 0.56 3 680 +0.240 STEngglOc 176 2620 +O.060 BILlntl US20c11,110 words
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Article6123 2005-07-25 21 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In local am m SS must dy %yr dy yr dy *yr Jul 22 Index Oiiny Change Ownga Chang* Chang* Chang* Wotd Index Piehniimy 897.1 U U -<X1 23 OlO OJ tEMEMmMj M2Q OP >1 -02 04 -01 -OJ B—iWMw 117*6 0.1 1146,123 words
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Advertisement63 2005-07-25 22 HBsS Klh^Hl^^^K ■ill^W^H H^Hk *HBBEg¥3Es9inE3^^^^^^^H^^^^^^^^^BLS&.^^HMV' fr' o /iiiPl ■say 'ffiiP&*fJWri- 5 «SB^raiW^H^— JfM&JImSt^m H |H IH fl^B M 91 H H ■■■^■■■^^^^^^^■^■1 Ml ■■•-.J HHH SrMI X :/>;;■ y^ill rr Tnfi¥ 1 I I ft fl| i 'r i W'i 1 —i i ,C-. jK>'-il2^u-'>^»SBy^^^^^H^H^E 9IM^^i93RnHHiIHHHHII^^><vrn^^^^^HHHIBHIIHHHIHHIHHB THE STRAUS TIMES My63 words
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Advertisement963 2005-07-25 23 V t NYK GROUP SOUTH ASIA PTE LTD v» vr Gnnrc vc 7^*****123 \r-.n iV JI Alime t&rcHf 3lm LINE Fax: 6292 2856 sales) 6239 7109 (OPS)/ 6299 5785 (Doorwtatioi) 11 NIPPON YUSEN KAISHA TOKYO K>»AXU KASHA. (JO (C/R NO: **********0E) fit— SOUfM (MJL) H* M Main Line: +63 6536-2750963 words
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Advertisement865 2005-07-25 23 IWTBKASiA KOKO SIKVICI VBSa/VOT MMPQCT) HBGHWW) WC KM KB I Ml I JKT STUAITS VtMTURE 15/05 IS 3.2 72/07 25/07 21/07 31/07 02/0t SIIAITS VENTUREI6/05 IS 3.2 05/ M 11/08 14/06 16/08 SHUUTS VtMTUKt 17/05 IS 3.2 18/01 21/08 25/08 28/08 30/08 AUWKAUAN ROUP SERVICE vbsr/vot |m>qa)| hbghtwl u|sw I865 words
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Advertisement1591 2005-07-25 24 www.homburgsud.tom H AUSE SERVjg (EXPORT) JU JB SINGAPORE ORISRANE STMKT MEOOURNE ADEUUDE SINGAPORE ORISRANE SYDNEY MBROIIRNE MBit cjtfA6utmiots n/07 os/w io/m ivm 14/w wmiiuunon 24/00 ovw 07/w ii/w ivw CSQ. XIAMBIOOO2S OS/W IS/01 17/W W/W 73/01 GCLIIAIIER 0004S 02/W 12/B IVW 17/19 9/91 StOTM QMS IVW 22/00 24/01 27/01 30/011,591 words
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Advertisement1317 2005-07-25 24 rasa m sw u wiiwi ik kth pus wssa voy sin jict su» hkg usw pus HYYUMVOSTM 142S 28/7 30/7 4/8 4/1 1/1 10/1 10/1 KMTC ULSAW 51SS 31/7 3/B 4/8 9/8 13/8 14/8 HYPTOGttSS OWS VI 4/1 11/» 131/1 IVI 17/1 17/» KMTC SINGAPORE SI IS 7/1 10/8 11/11,317 words
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Advertisement917 2005-07-25 24 WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS VKSa VOT SIN MjUjK COtOWO H. SHIVA COtOWIO lAT IRIDGt 00I0W 11 JUL 12 JUL 15 iUL 18 JUL 21 JUL PAGFIC QUEST OOQgW 18 JUL H JUL gjjj ?S JUL M JUL mia rawim rrww mm917 words
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Advertisement1151 2005-07-25 25 Ujijl# WALLENIUS WILHELMSEN website: http://www.2wglobal.com IK MAO HOW MIA SAY Ml 0«f NTC ~MIW WW TAMPBit 1AF519 4001ns 6.30 M I 28/07 JO/08 29/01 OJ/M 07/ M OS/Of AITONA lAJSO6 601 ms I 5.3 M I 05/08 IS/09 16/09 19/09 21/09 TAMISIS Afs2o 1 3?0T«« 6.4 M 08/08 30/01 00/091,151 words
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Advertisement13 2005-07-25 25 mmm m m 1■ H »11>11 kl yVa 11 ki I MSr\l flu13 words
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Advertisement1567 2005-07-25 25 vissa voy sm rcu rasa vor m mi cy 2301 01W 11/07 20/07 PAC-HAM WW___ ZjSMH _J9/07__ PAC lAMOA zmz mi IfZfiZ— -&WJ *m T*z PACtAHPA ISI7N 20/07 21/07 PKMrtm 9300 24/07_ 27/07 CSf 2301 0149P 21/07 22/07 ■■I^ol'|:!|j JU JtITTMHHI PAC BANDA 151SN 22/07 22/07 IMMUAU IUArfoIIM PACBANOA 1511,567 words
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Advertisement752 2005-07-25 25 BSA .L o MYANMA RH FIVE STAR LINE (My—if National Line) Loading for Yangon VESSEL VOY SIN PKL PEN PGU PAGAN 348W SU> PAGAN 349W SID IN MALAYSIA: BOUSTEAO SHIPPING AGENCIES KK/PKL 03-*****388 PEN: 04-*****15 JMHA ACCEPTIH6 CONVENTIONAL C6O VESSEL VOY HKG SIN PGU PKL KUC pr mass 75 su>752 words
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8812 2005-07-25 26 ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertber Vessel Veyaye Telephone SIN Desfn Name Name Number Nember SM Dmtm Nnw Nne Nnber Nnkv flMNHMNNMMNMNMMMMMNMNNMMMMMMMMMRMMMRMRMMRMMMI WKKKKtKKKtKftKKKKKtNKNKKKKHtKHKKHttKKttKtKtKHNKtKKHHKHKtKKKKKKKKKKHttKttHKHKKNKHHRI To ALOTAU (GUR) 2465 Papua New Guinea To ABIDJAN (ABJ) 2003 Cote D Ivoire 07/C8 2 i«e ngpi8,812 words
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Advertisement364 2005-07-25 26 Guaranteed Sailing! I Service from Singapore to: I Los Angeles K clllll 9 I 14 days transit. Mon A Thurs cut-off I HUB MARINE PTE LTD BOOKING: *****375/710 MAINLINE: *****866 FAX: *****066 OPR CODE "DZ" CR NO **********0Z MARKETING SALES: KELVIN CNUA: *****638. MEUNA LEE: *****167 FTKLANO -STOW-YANOONtM* VPOW KUCHMO-SU364 words
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Advertisement477 2005-07-25 26 FREIGHT LINKS EXPRESS PTE LTD 51 Penjuru Rood, 3rd Level, Freight Links Express Logisticentre, Singapore *****3 Website: http://www.freightl inlcs. net UK! ATTRACTIVE RATES TO: uM ALEXANDRIA GENOA KEELUNG KAOHSIUNG UE HAVRE MALTA MAHE MARSEILLE CEBU DALIAN HONG KONG JAKARTA MM? CMNGOAO SHANGHAI SURABAYA HflpHH 626M694/5506/5535/5541/5553/5561/5551/5549/5565/5580/5560/S5OB/5578/55M/5563 PROJECT i, HEAVYUFT CARGO Lowrone477 words
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Advertisement126 2005-07-25 26 STARSHIP CARRIERS PTE LTD W_ STARSHIP AGENCIES (MAL) PTE LTD No 1 Shenton Way >11-07/06 S(*****3) g? SINSAUNE WEEKLY FCL SERVICE TO PORT OF SPAIN BUENOS AIRES DURBAN COLOMBO SPECIAL ONE-OFF SAILING ON VESSEL, OERMANA, TO COLOMBOI BOOK EARLY TO AVOID DISAPPOINTMENT! For enquiries Bookings, pis call: CHERYL CHARLES ROBERT126 words
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Advertisement418 2005-07-25 26 I yiffiflMlffiWßM ■BB|HT!GBlWWlM7inwT^i^2ni/o^on7^^ ■Pffflfll TIGER PEARL 303N 26-27/07 02-04/08 09 10/08 I HHiiifti||l)GaiSEA 304N 30-31/07 05-07/00 1314/08 i 1"°"" 305N 02 03/08 09 11/08 16 17/08 ■■■■TIGSIWAVE 306N 064)7/08 12 14/08 20 21/08 1 307H 0910/08 1618/08 23 24/08 J 319 ?Tw^i7nui7/i^iurf!^ ■PlMfflMTlGat SPIRIT 106 31-01/08 07-09/08 17 18/08 I418 words
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BizIT
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Article, Illustration364 2005-07-25 28 Bloomberg [WASHINGTON] Cisco Systems Inc. the world's largest maker of equipment to link computers, will buy Kiss Technology for US$6l million to add connection gear for consumer electronics, possibly putting it in competition with TiVo Inc, the maker of digital videoBloomberg - 364 words
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278 2005-07-25 28 AFP [WASHINGTON] Microsoft Corp on Friday said the next version of its operating system used on most personal computers around the world will be called "Windows Vista". The world's biggest software company stopped short of providing a launch date for the new versionAFP - 278 words
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477 2005-07-25 28 ROLAND LIM - Mobile e-mail seen as killer app that ties enterprise applications By ROLAND LIM FRESH from its recent rebranding from palm One to Palm, the mobile computing company is now aiming for a larger slice of the enterprise mobile computing market. "We think the take-up477 words
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Article172 2005-07-25 28 Reuters [HONG KONG] Hong Kong will issue licences next year to allow both fixed and mobile phone firms to offer broadband wireless services, newspapers said on Saturday, bringing "anytime, anywhere" Internet access closer to reality. Under the new unified licensing system, all operators would beReuters - 172 words
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Article, Illustration587 2005-07-25 29 AMIT ROY CHOUDHURY - Asia-Pac firms less prepared than those in North America: Gartner By AMIT ROY CHOUDHURY ATTACKS by professional cyber criminals targeting the government, private sector and consumers are beginning to replace the earlier pattern of security breaches carried out by "bored teenagers". For now,587 words
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509 2005-07-25 29 AMIT ROY CHOUDHURY - By AMIT ROY CHOUDHURY CHRONIC over-hyping of IT security threats is misleading and dangerous, forcing companies in the AsiaPacific region to lose focus of real priorities, said Gartner research director Amrit Williams. "It costs time and energy to respond to and ultimately only profits the509 words
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375 2005-07-25 29 Reuters [NEW YORK] The FDIC on Friday urged banks to enhance their protection against spyware, to limit the risk that customers' personal data may be stolen. The guidance from the Federal Deposit Insurance Corp comes amid a growing stream of reported incidents ofReuters - 375 words
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<what's up>
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Article62 2005-07-25 29 IBM Singapore has opened a $5 million Systems Solutions Center at The IBM Place in Changi Business Park. The centre will allow staff, clients and business partners to test IBM's solutions. The centre will be used for demonstrations, briefings, workshops, benchmarking and proof of concepts.62 words
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Article102 2005-07-25 29 THE works of local student film-makers are coming to a small screen very near you. Mobile One has tied up with the filmmaking departments of Nanyang Polytechnic, Temasek Polytechnic and LaSalle-SIA College of the Arts to showcase their works via its 3G mobile network. Called102 words
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58 2005-07-25 29 MARKET researcher Gartner is organising a Gartner Viewpoint event at which its analysts will present their views on IT security. The event will be held on July 26 at ihe Four Seasons Hotel from 8.30am-12.30pm. Itwill costslso per person for Gartner clients, and $200 for58 words
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Article111 2005-07-25 29 MAINBOARD-LISTED enterprise IT solutions provider Singapore Computer Systems (SCS) has appointed two new senior vice-presidents to its management team. Lau Soon Liang, SCS's senior vice-president of business solutions, joined SCS from its competitor NCS Pte Ltd, where he was previously its chief of managed services.111 words
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Article73 2005-07-25 29 MICROSOFT has launched its Microsoft Employee Volunteer Programme, which will see 550 of its employees here pledge three days annually to help the community. The programme will see the volunteers participating in a range of activities including providing technology skills training for students, helping educators create sustainable73 words
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Article76 2005-07-25 29 MOTOROLA has appointed Jay Andersen vice-president of sales and operations for Motorola Networks in Asia. Mr Andersen will be based in Singapore, and in his new role, will drive business strategies and oversee operations in the Asian markets including Hong Kong, Thailand. Indonesia. Malaysia. Singapore. Bangladesh.76 words
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Article120 2005-07-25 29 SAMSUNG Asia is injecting a further US$500,000 into its Samsung DigitAll Hope programme which awards grants to projects that use technology to enhance the lives of youths and the disabled. The latest funding brings Samsung's contribution to the programme to US$1.65 million since the programme began in120 words
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Article61 2005-07-25 29 THRFE major computer motherboard manufacturers Gigabyte. MSI and Shuttle Computer have chosen to integrate Creative Technology's Sound Blaster Live! 24-bit processors onto select models of their motherboards. Motherboards are the main circuit board in computers. The Sound Blaster Live! 24-bit processor features 7.1 surround sound and EAX61 words
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Article, Illustration93 2005-07-25 29 PRINTRONIX has added the new P7OOO to its range of line printers. Line printers are high-volume printers which use impact technology to create prints. Touted as its most cost-effective range of printers, the P7OOO uses its new P7OOO Ultra Capacity ribbon which is rated to last93 words
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Article66 2005-07-25 29 ROLAND LIM - Compiled by ROLAND LIM DELL has released the 3400MP, a 1.09 kg projector targeted at mobile professionals who need a portable presentation tool. The projector features Digital Light Processing (DLP) technology, 1,500 ANSI lumens brightness, XGA (1024 x 768 pixels) resolution, and automatic vertical keystone correction which66 words
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Article, Illustration554 2005-07-25 30 ROLAND LIM - Electronic payment solutions giant to invest $20m in Singapore, reports ROLAND LIM ROLAND LIM Electronic payment solutions giant First Data Corp (FDC), which sealed its first managed services deal here with DBS Bank last week, says it will commit $20 million in investments554 words
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610 2005-07-25 30 LAT-WP [WASHINGTON] If you think only adults design complex video games, it's time to upgrade your thinking. Kid-created wizards, swordswomen and hedgehogs are boinging and battling right now at a video game design camp at Georgetown University. Drew Crederico, for example, made aLAT-WP - 610 words
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Advertisement1308 2005-07-25 28 wM.vs»vj iwvnwiu IWI >w Wilis "We have a three-pronged approach on the positioning of our Itanium® processors. First The long-term value of a major computing architecture depends however on its staying wou |d be making inroads in the RISC-based server market segment. This is expected to ITANIUM® ftAINS MOMFNTI JM1,308 words
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Advertisement235 2005-07-25 29 iprEiL.ner.s£7 Hosted Cali_ma m a o e Solutions Internet Access fir IP Telephony from Set a quick start with Just one Cisco IP Phone. Wwiliilall With the IPfIEL.NO.SG hosted Cisco CallManagec solution, yob can get started /JgS. with just one Cisco 7902 IP Phone and a Cisco 837 Router, and235 words
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Advertisement138 2005-07-25 30 ttk m THE RESILIENTINFRASTRUCTU R A GUIDE FOR THE FEARLESS. For today's enterprise, the only constant is change. Keeping up with change is the ultimate challenge for a business faced with an endless series of paradoxes: making information both secure and available; being reactive and proactive simultaneously; responding quickly to138 words
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Advertisement9 2005-07-25 30 Criminals replacing 'bored' teens in cyber attacks PG 299 words
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