The Business Times, 5 September 2005
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2005-09-05
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The Business Times
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Title Section13 2005-09-05 1 THE BUSINESS TIMES SltiGAPGßfc^Tcerits online at http://business-times.asial.com.sg MICA (P) 089/03/2005 Monday, September 5,200513 words
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Article, Illustration666 2005-09-05 1 GOOGLE, MICROSOFT TUG-OF-WAR AP [SAN FRANCISCOI Microsoft Corp CFO Steve Ballmer vowed to "kill" Internet search leader Google Inc in an obscenity-laced tirade, and Google chased a prized Microsoft executive "like wolves", according to documents filed in an increasingly bitter legal battleAP - 666 words
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534 2005-09-05 1 ANNA TEO - Copyright industries have greater economic impact than average sectors, but also more volatile By ANNA TEO ISINGAPORK] Copyright industries here such as publishing, software, music, photography, and advertising generate greater output and even jobs than the average industry, including computer and chip manufacturing.534 words
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Article139 2005-09-05 1 MARKETS Week Chge STI 2300.89 +14.34 KLSE COMP 909.18 -9.20 NIKKEI 225 *****.00 ....+160.52 HANG SENG *****.89 ....+239.00 SET INDEX 709.97 +14.08 JAKARTA COMP ...1039.23 -9.64 MANILA COMP ....1946.38 +11.82 TAIPEI TAIEX 6116.05 -20.50 SEOUL COMP 1115.83 +29.28 SHENZHEN B 224.79 AUSTALLORD 4435.90 +16.80 DOW JONES *****.37 +50.08139 words
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Page 1 Advertisements
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Advertisement34 2005-09-05 1 vt DINING OUT country cuisine W ■HBr M J| Hr i, 1 pMj u^ y T^HijM] AHEAD OF THE PACK Ron Sim on leaving IP predators in the dust CEO's NOTEBOOK. BizlT PG 3034 words
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Advertisement13 2005-09-05 1 CORPORATE NEWS A-Sonic, Air Ocean shelve China budget airline plan PGB 8111! il!!!!S!13 words
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Advertisement146 2005-09-05 1 COMMENTARY Time to rethink CPF restrictions on foreign stocks? f*G 8 Rabobank is the only privately owned With presence in 38 countries and 245 offices, AAA-rated financial institution, with over Rabobank offers a range of products to €440 billion in assets with over 100 years of experience. Structured Trade Commodity146 words
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Advertisement35 2005-09-05 1 ill KATRINA AFTERMATH Mv IK| a hopeful; halt in Fed -jyHB rate hike likely PGS2.I2 Service worth a smile CEOs on what can be done to chanqe Smqaporeans' r.ttitude towards service jobs PACKS 4 i35 words
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TOP STORIES
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Article532 2005-09-05 2 Asian finance officials pledge greater financial integration FINANCE officials and central bankers from Asia have pledged to enhance financial integration in the region as a way to effectively allocate the region's wealth and strengthen its resilience to external shocks. They made the pledge during a meeting hosted by532 words
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335 2005-09-05 2 JEAN CHUA - Financial sector reform is key building block: MAS By JEAN CHUA [SINGAPORE] Asia's finance officials and central bankers have pledged to enhance financial integration in the region as a way to effectively allocate the region's wealth and strengthen its resilience to external335 words
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357 2005-09-05 2 Bernama AP [SINGAPORKI Singapore said yesterday that discussions on the construction of a new bridge to replace the Causeway that links the island state and Malaysia are still in progress. "As discussions on the bridge to replace the Causeway are stillBernama; AP - 357 words
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Article, Illustration738 2005-09-05 2 ANDREW MARKS - WALL STREET INSIGHT But real test to come this week as Katrina's full impact emerges By ANDREW MARKS in New York ONCE again, the stock market faced down a disaster of monstrous proportions. Once again, as with, the terrorist attacks in BritainAP - 738 words
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Page 2 Advertisements
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Advertisement374 2005-09-05 2 ■■■A DA/II Management Education Congratulations tto Our La Trobe University Graduates Alice Lau Sui Siah Low Chee Chiew Sim Hui Hiah Bashyam Chithra Lucy Lim Sing Mui Leng Serena Faith Chew Kok Shyh Danny Mak Foo Wah Henry Soh Huei-shen Soh Tanmei Chua Kim Suan Mohd Amin Bin Abdul Rahman374 words
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Page 3 Advertisements
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Advertisement401 2005-09-05 3 GREATER SAVINGS, BETTER REACH FOR YOUR BUSINESS Because at Pelepas FREE ZONE, you will benefit from a 30% savings on your current operational costs. i Pelepas FREE ZONE offers ready-built warehouses suitable greater efficiency, no customs formalities are required for all for distribution, consolidation and warehousing activities, FREE ZONE activities.401 words
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VIEWS FROM THE TOP
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Article, Illustration5220 2005-09-05 4 THIS WEEK'S TOPIC How can we change the attitude of Singaporeans towards service jobs? What can we learn from the experiences in other countries? I WOULD like to share from the perspective of the wealth management business where service expectations are extremely high. While product and5,220 words
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Page 4 Advertisements
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Advertisement70 2005-09-05 4 BT CEOs e-Club Members of the BT CEOs e-Club are Singapore's top corporate leaders whom BT editors would like to interact with in an atmosphere of informality and trust This 'dub' is a virtual one, with interaction mainly via e-mail. Each week, we will invite comments from these top executives70 words
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Page 5 Advertisements
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Advertisement24 2005-09-05 5 HAVE YOUR SAY What do you think of the opinions expressed in these pages? Share your views by writing to btl etter@sph. com. sg24 words
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SINGAPORE MARKETS
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Article, Illustration596 2005-09-05 6 VEN SREENIVASAN - STOCKS VEN SREENIVASAN Senior Correspondent OIL has become a dirty three-letter word for the market. Soaring oil prices in the wake of Hurricane Katrina have raised the spectre of an energy crisis in the US and generated fears of a global596 words
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Article1141 2005-09-05 6 Payment Ex looks Pay Payment Ex Books Pay lets) date dote date (cts) date dose date Adampak8c I 0.63 06 Sep 09 Sep 30 Sep Lee Metal Grp 5c t 020 25 Aug 30 Aug IS Sep Advanced Hldgs 4c w 1 50 06 Sep 09 Sep 231,141 words
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Article61 2005-09-05 6 Pan-United's dividend payment, Sep 6 Super Coffeemix's dividend payment, Sep 6 Great Eastern's dividend payment, Sep 7 HTL Intl's dividend payment, Sep 7 Jurong Tech's dividend payment, Sep 7 Pan United Marine's dividend payment, Sep 7 GK Goh's dividend payment, Sep 8 Huan Hsin's dividend payment, Sep 861 words
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343 2005-09-05 6 CURRENCIES AFP [HONG KONG] Asian currencies broadly rose against the US dollar last week, on the back of the devastation inflicted by Hurricane Katrina and its impact on US oil supplies and interest rate policy. Japanese yen: The yen rose against the dollar duringAFP - 343 words
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Article273 2005-09-05 6 COMMODITIES: WEEKLY ROUNDUP AFP [LONDON] Oil prices rocketed to all-time peaks last week, touching U5570.85 in New York on supply concerns as Hurricane Katrina tore through oil rigs and refineries in the Gulf of Mexico, severely disrupting US energy production. Katrina's devastation weighed heavily onAFP - 273 words
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Article, Illustration1721 2005-09-05 6 Consensus No.of Forecast Mean Fri's Consensus No.of Forecast Mean Fri's recommendation esti- EPS PE target price recommendation esti- EPS PE target price Company name This wk Last mth mates (cents) (ratio) price Company name The wk Last mth mates (cents) (ratio) price Allgreen Properties 2.36 2.50 11 6.701,721 words
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Page 7 Advertisements
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Advertisement482 2005-09-05 7 > Time > Where Suntec Convention Hall 602, Level 6 You will never know the endless possibilities until we share. M. -JBB > Register now at www.sun.com.sg/events/meetscott x^ > Ss y t gM IF >d| IBHI Mw wMBMRTBIfcu x Xxr >i. y jKp P l£9&& \k Tr*JL y *< />■482 words
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COMPANY NEWS
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Article, Illustration768 2005-09-05 8 JEAN CHUA - Delay in getting key licence to fly; but other Chinese partners sought for fresh effort By JEAN CHUA A-SONIC Aerospace and AirOcean Group have shelved their plan to set up a budget airline to serve the vast China market as they did768 words
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596 2005-09-05 8 R SIVANITHY - HOCK LOCK SIEW By R SIVANITHY UNDER current Central Provident Fund (CPF) rules, investors can use their retirement savings to buy into financially troubled and currently unprofitable companies like L&M, ACCS and Informatics but are barred from buying into profitable top performers596 words
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Article, Illustration619 2005-09-05 9 JEAN CHUA - They are seen to gain from a rise in repair work after Hurricane Katrina By JEAN CHUA "THE thing is: bad news to others is good news to us," said a senior manager at a company which provides marine and oil related services. "TheSource: Bloomberg - 619 words
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COMPANY BRIEFS
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105 2005-09-05 9 HFSHE Holdings has clarified that its new chief executive Eddie Chng did not have any "management influence or control" in the company in 2003 and 2004, and was only appointed a director and CEO in February, after he invested in the company. Heshe105 words
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69 2005-09-05 9 FRAGRANCE Group said its wholly-owned subsidiary, Fragrance Homes, has exercised options to purchase a plot of freehold land at Joo Chiat Terrace for $3.63 million. The residential land has an area of 878.3 square metres. The company said it plans to build a block of69 words
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Article70 2005-09-05 9 CK Tang Limited said Lim Hock Beng has resigned as a joint secretary of the company with effect from Aug 31 and that Koh Kee Ai shall continue to act as the company secretary and to hold such office until "otherwise resolved or determined". The70 words
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250 2005-09-05 9 VANTAGE Corp chief executive Kea Kah Kim has secured over three quarters of the shares of the cash-rich company following his takeover exercise for the company. Mr Kea's private vehicle Eastunited Holdings has so far received total acceptances for 110.53 million shares,250 words
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Article, Illustration1133 2005-09-05 10 ROBERT HALILI - Buyers dominate trading with 38 firms making 80 acquisitions during past trading week, says ROBERT HALILI ROBERT HALILI THE buying by directors and substantial shareholders has picked up since the market fell from 2,377 points on Aug. 2, and last week was no exception as buyersFILE PHOTO - 1,133 words
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Page 8 Advertisements
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Advertisement193 2005-09-05 8 1 1 I TOWER CLUB MBK U mJm l v v Held in conjunction with the celebrations of the IvfejN aEv jfr" «ML.J^^BMB™M^ f Korea Festival 2005 by Embassy of the Republic of Korea, commemorating 30 years of strong relations I 1 between Korea and Singapore. Set Lunch: $42++ per193 words
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Page 9 Advertisements
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Advertisement92 2005-09-05 9 citigroupj Thinking for Generations private bank *> Our clients sleep better at niant Asiamoney's Private Banking Customers Poll 2005 BEST PRIVATE BANK (over US$ 20 million) "The Citigroup Private Bank" is a business of Citibank N.A. or Citigroup Inc., which provides its clients access to a broad array of products92 words
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Page 10 Advertisements
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Advertisement1633 2005-09-05 10 Notices In the Matter of The Companies Act, Cap. 50 And In the Matter of STIC CHENGDU HOTEL INVESTMENT PTE LTD (Company No *****6850G) (In Members' Voluntary Liquidation) Notice is hereby given that at an Extraordinary General Meeting of STIC Chengdu Hotel Investment Pte Ltd deemed to have held pursuant1,633 words
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Advertisement359 2005-09-05 10 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50. AND IN THE MATTER OF DCF (S) PTE. LTD. (IN MEMBERS' VOLUNTARY LIQUIDATION) (Company Registration No. *****0421Z) At an Extraordinary General Meeting of the members of DCF (S) PTE. LTD., duly convened and held at 20-22 Geylang Road Singapore *****2 on359 words
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Advertisement205 2005-09-05 10 CATCH 2 GREAT SHOWS UNDER 1 ROOF 21 23 September 2005 Suntec Singapore (Level 4) Franchising RITE2OOS tonsinggoos Where Asia's Retailers Shop Unlimited Opportunities RfTE2OOS is the must-attend event fa top retailers Expect brands, concepts and ideas from over in the region looking for new retail concepts, 200 companies in205 words
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SINGAPORE NEWS
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Article579 2005-09-05 11 SIOW LI SEN - But lending at home slowed to 2%, the lowest gain in more than 2 yrs By SIOW LI SEN FOREIGN currency loans in July rose to almost US$lOO billion as Singapore's external wing expands, while at home lending slowed to 2 per cent with579 words
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204 2005-09-05 11 IKKA has recalled its Rabalder three-way sockets, saying a defect in the assembly of some models could result in users receiving electric shocks. These sockets are marked on the underside with F0403 and the number *****. They were sold here between April and August this204 words
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Article, Illustration404 2005-09-05 11 SIOW LI SEN - By SIOW LI SEN HLRCTRONIC payments provider Nets aims to double its overseas revenue in two years, as it challenges global providers that frequently block card payments from this region on security concerns. And Nets the Network for Electronic Transfers (S) is404 words
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Article139 2005-09-05 11 DATE/ TIME EVENT VENUE 7 Sep Seminar on'Leadership SSTI, NCSS Centre 6.00pm Embracing Change' by Tony Buzan 7-8 Sep Good Spoken English for Grand Hyatt 9.30am Professionals Business Executives 8 Sep ISEAS Seminar Through ISEAS Seminar 10.00am Shabana Azmi's Eyes: Room II, Perspectives on Politics, 30 Heng Mui139 words
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Page 11 Advertisements
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Advertisement119 2005-09-05 11 j_- Gold Sponsor: POWER-GENIS/v4 DeloHte. endorsed by: EXHIBITION CONFERENCE 1 /jr Energy is- •>»•% 13 -15 September 2005 r HXSS M Suntec Singapore International v Convention and exhibition Centre Scnokb POUJCA-GCN Asia n.* orking the key to success 555 Attending POUICR-GCN Asia is a key step t<?sti&«i* Jn\fee re-invigorated Asian119 words
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KATRINA: AFTERMATH
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430 2005-09-05 12 AP Bloomberg Reuters [NFW YORK] The likelihood of a recession has doubled in the aftermath of Hurricane Katrina, credit rating agency Standard Poor's said last Friday. It has increased from less than 12 per cent to 25 per cent following Katrina, theAP; Bloomberg; Reuters - 430 words
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Article3327 2005-09-05 12 Transaction date: Sep 2 For a full listing of the closing prices, log on to BT Online at http://business-times.asia1.com.sg after 11.30pm every trading day HONG KONG Vol EganaJewellery 1.31 -0.03 1488 u K c .1. 'nog EganaGoldpfeil 1.94 -0.01 3739 Esprit Holdings 60.10 1.70 3444 Aeon Credit 5.903,327 words
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Article, Illustration604 2005-09-05 12 Slower economic growth may lead to a change in Fed policy, say analysts NYT [ATLANTA] As devastating as it has been in human and economic terms, Hurricane Katrina may give investors something they have wanted all year a pause in Federal Reserve interestNYT; PHOTOS: AP - 604 words
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367 2005-09-05 12 Loss projections keep rising given the problems in New Orleans NYT [MOBILE, Alabama] Hurricane Katrina caused more than US$5O billion of damage, said the chief executive of Atlanta-based Crawford Co, the world's largest independent insurance adjuster. "We're looking at US$5O billionplus," TomNYT - 367 words
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339 2005-09-05 12 Reuters (NFW YORK) Swathes of US Gulf Coast homes destroyed by hurricane Katrina scar the region's landscape, but eventual rebuilding will stoke an already torrid national housing market, economists say. The disruption in the region's energy supply sparking record oil prices andReuters - 339 words
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DINING OUT
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Article, Illustration1794 2005-09-05 13 Au Petit Salut #01-54 Chip Bee Gardens, Blk 44 Jalan Merah Saga Tel: 6475-1976 FOR an authentic taste of the French countryside right here in Singapore, look no further than Chip Bee Gardens, where the seven-year-old restaurant Au Petit Salut has created a dining experience thatARTHUR LEE - 1,794 words
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Page 13 Advertisements
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Advertisement240 2005-09-05 13 with just UNISIIOQ* RAFFLES HOTEL Tel: 6831 6069 Tel: 6276 3333 S*np*y caß 1800 22 22 121 to mate a redemption -tea/ Ca><innc 11> /o savings summer palace, the regent Singapore harbour city restaurant CHEF CHAN"B Tel: 6412 1122 TeJ; 6720 qqqq Tel- 62 73 3966 ?S^MIS/4 S C° K240 words
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Advertisement16 2005-09-05 13 DINING OUT A sponsored series on fine dining experiences brought to you by UOB Credit Card16 words
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BT-CITIBANK YOUNG INVESTORS' FORUM
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Article, Illustration670 2005-09-05 14 DANIEL BUENAS - DANIEL BUENAS underlines the importance of knowing what your policy can and can't do DANIEL BUENAS I AST week we looked at what sort of health insurance is available and asked some basic issues such its how much insurance to buy, and what to look for in670 words
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Article, Illustration755 2005-09-05 14 NANDE KHIN - CAMPUS LIFE Students from Republic Poly have been sacrificing their weekends to care for them, reports NANDE KHIN NANDE KHIN WHILF many students ends partying or chilling out, 22 students from Republic been going back to school even during the weekends for the past three months755 words
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Page 14 Advertisements
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Advertisement251 2005-09-05 14 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 have251 words
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REGION
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Article, Illustration584 2005-09-05 15 S JAYASANKARAN - MALAYSIA INSIGHT Potential stake investors' interest may wane S JAYASANKARAN KL Correspondent THE more Proton dithers, the weaker its bargaining position. The national automaker's latest financial results show its increasing vulnerability. In the first quarter of 2005, sales actually dropped 6.5 per584 words
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536 2005-09-05 15 But investors fear this will lead to lower margins Reuters [SEOUL] Asia's top telecoms firms are casting their eyes overseas for acquisitions to drive new growth as their home markets reach saturation, but investors fret that the increased competition may hit margins and pileReuters - 536 words
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200 2005-09-05 15 [KUALA LUMPUR] The Malaysian federal government is committed to transforming Johor Baru into a world-class city with quality financial, educational, sports and hospitality services, Chief Minister Abdul Ghani Othman says, with the facilities being planned expected to materialise within the next 5-7 years,200 words
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NOTE BOOK
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88 2005-09-05 15 Reuters i [JAKARTA] Hundreds of Indonesian bus drivers, vendors and factory workers staged a noisy rally here yesterday to protest against the government's plan to increase fuel prices. President Susilo Bambang Yudhoyono unveiled a plan last Wednesday to raise fuel prices inReuters - 88 words
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69 2005-09-05 15 Bloomberg [HONG KONG] Hong Kong billionaire Li Ka-shing and his flagship property company Cheung Kong (Holdings) Ltd bought US$2OO million of shares in PetroChina Co, the nation's No 1 oil producer, a Cheung Kong spokeswoman said last Saturday. PetroChina earlier lastBloomberg - 69 words
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126 2005-09-05 15 Reuters [KUALA LUMPUR] Malaysia is considering raising the retirement age for its 850,000 civil servants by two years to 58 and force new recruits to start saving towards their pension, the New Straits Times reported last Saturday. The government is consideringReuters - 126 words
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72 2005-09-05 15 AP [JAKARTA] Indonesia's vice-president has confirmed that a reshuffle of the Cabinet is possible next month. Speaking to reporters at his residence late last Friday, Vice-President Jusuf Kalla said any changes would be based on the performance of the ministers. Last Wednesday, PresidentAP - 72 words
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65 2005-09-05 15 Reuters [MUMBAI] Top Indian drug maker Ranbaxy Laboratories Ltd said last Saturday that its board will meet this Friday to discuss listing at a US stock exchange. The board will also consider conversion of its Global Depositary Receipts (GDR) into American DepositaryReuters - 65 words
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Page 15 Advertisements
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Advertisement388 2005-09-05 15 HfIfIHHHHHHnHIHnHMMNIA Pwnud Diners Club Card To apply, call 6416 0980 ilffaH KW I M Kli M D A World of Exclusive Privileges Treats Diners Club c, £f v International' I H t'.'M.nil m! Ill Situ|.t|» Hi 1% A -(> Spring <»nn feU'W Ifi Duck VJ USUAL t CO PRICE V388 words
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Advertisement65 2005-09-05 15 MERITUS MANDARIN SINGAPORE BUFFET DINING AT ITS BEST Fresh oysters, delectable lobsters, Wf savoury honey-glazed ham, prime rib of beef ana many more mouthwatering dishes to leave you 1/ spoilt for choice. f Reservations: 6831 6271/72 -a TRffl£3 9S6S MERITUS MANDARIN 4 A division of Overseas Union Enterprise Limited (Company65 words
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WORLD
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583 2005-09-05 16 ANTHONY ROWLEY - Plan tailors Japan's development to ageing and changing society By ANTHONY ROWLEY in Tokyo INDUSTRIAL policy, which has been out of favour in Japan for several decades, is coming back into fashion with the decision by the Ministry of Economy, Trade and Industry583 words
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Article, Illustration460 2005-09-05 16 AP [SYDNEY] Australian lawmakers next week will begin debating legislation paving the way for the mul-ti-billion dollar privatisation of former state-run telecommunications monopoly Telstra Corp, the government said yesterday. Communications Minister Helen Coonan said lawmakers likely will spend several days haggling over detailsAP; AFP - 460 words
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WORLD WATCH
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92 2005-09-05 16 Bloomberg [NEW YORK] Carlyle Group and Texas Pacific Group are leading rival takeover bids for Hertz Corp in what may be this year's secohd-biggest US corporate buyout, with the rental-car unit of Ford Motor Co possibly fetching about US$ 10 billion including assumptionBloomberg - 92 words
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85 2005-09-05 16 Bloomberg [NEW YORK] Bank of America Corp faces a Securities and Exchange Commission enforcement action tied to its trading and research between 1999 and 2002. The case involves claims that a senior executive of the bank's securities unit traded on unreleased researchBloomberg - 85 words
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75 2005-09-05 16 VW may cut 10 ,000 jobs in Germany Reuters [FRANKFURT] Volkswagen could cut more than 10,000 jobs in Germany in the coming few years to make Europe's largest car maker competitive with its international rivals, a magazine said on Saturday. Volkswagen wanted to reduce the workforce in west German plantsReuters - 75 words
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Article, Illustration444 2005-09-05 16 Reuters [TOKYO] Japanese Prime Minister Junichiro Koizumi's long-ruling party is on track to win a majority on its own in next week's election, media surveys showed yesterday, the latest sign that his gamble on postal reform is paying off. TheReuters - 444 words
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Article221 2005-09-05 16 AP [BANGKOK] It's unlikely to replace the country's stock exchange index, but Thailand has come up with a new economic barometer the Mama Noodle Index. When the economy gets bad, the sales of Mama, the country's top-selling brand of instant noodles, shoot up, according toAP - 221 words
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Page 16 Advertisements
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Advertisement98 2005-09-05 16 information sessions in 2006: As a partnership between two leading Singapore universities, the Kellogg-HKUST Executive September 5 MBA program provides the best executive -The Fullerton Singapore education that Asia and the US can offer. Tokyo B«wr!g Recently ranked N0.6 in the world by the June 9 Financial Times. Bhsnghal June98 words
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AVIATION
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Article, Illustration804 2005-09-05 17 Iata urges global carriers to cut costs to cope with losses from fuel price volatility AFP AP [SlNGAPOßE] Soaring oil prices are unlikely to ground Asian travellers ahead of the year-end holiday season but airlines could see profits sharply erodedAFP; AP; REUTERS - 804 words
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433 2005-09-05 17 Bloomberg [LONDON] Air France-KLM Group, Europe's biggest airline, raised its profit forecast after first-quarter earnings surged 26 per cent as fares and traffic grew. Net income in the three months through June rose to 110 million euros (Ss23l million) from 87 millionBloomberg - 433 words
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130 2005-09-05 17 AP [KUALA LUMPUR] Three Russians were killed when their logging helicopter crashed and burst into flames in a rain forest in Sarawak during a heavy downpour, police said yesterday. The Russian-made Kamov KA-32 helicopter crashed on Saturday afternoon, just three days after a banAP - 130 words
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413 2005-09-05 17 Reuters [GENEVAI Airline blacklists issued last week by France, Belgium and Switzerland do not go far enough to address safety concerns after a string of deadly air crashes, European media and analysts said. France and Belgium published the names of 14 companies banned fromReuters - 413 words
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Article1974 2005-09-05 17 WWW CTA FU8HT ITB S.973 ,900 5K972 2155 «9S prn as ¥M £S8 j£ Ssiiss -ssygs s—Mi®-,® KL837 1450 SQ324 2345 Dm MI566 1925 MIS66 090S utmm SQ348 0100 MM S2081 06* S2062 0900 Aaddaad EM33 0215 IH9816 2020 S 1025 aSIi 1625 SQ282 0640 NZ821,974 words
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Article603 2005-09-05 17 STRAITS TIMES INDEX STOCKS Stock name Wt Close Change Allgreen 50c 0.30 1.260 Ascendasreit 1.05 2.290 +0.030 BIL Intl US20c 049 >0.010 Capita Land 2.90 2 950 -0 020 CapitaMall 0.77 2.430 Chart SemiCond 26c 0.74 1.120 -0.010 City Dev 50c 2 58 8.850 +0.100 Comf oftDelGro 25c 1 58603 words
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Page 17 Miscellaneous
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Miscellaneous189 2005-09-05 17 CRYPTIC CROSSWORD DOWN 2 Do they keep to the beaten (5,4) YESTERDAY'S SOLUTION track? (6) 14 It was spliced with spirit (9) Across: 1 Gantrip, 5 Thistle, 9 Or--3 Ship could be a drifter (5) 15 Directions for making ma- chids, 10 Romulus, 11 Telegraph, 4 Eliminate European cricket chine189 words
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AVIATION/SHIPPING
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371 2005-09-05 18 Reuters [FRANKFURT] Germany's Deutsche Lufthansa is ready to avert any possible attack by hedge funds which have bought into the airline, its chief executive was quoted on Saturday as saying. "We don't lie down on the couch and sleep. Of course,Reuters - 371 words
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353 2005-09-05 18 AFP (WASHINGTON] Ailing US airlines took a hit from Hurricane Katrina, which triggered a fresh surge in jet fuel prices and other problems that could push more carriers into bankruptcy, analysts and industry officials said. Even as fuel prices spiked to unprecedentedAFP - 353 words
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Article291 2005-09-05 18 SGX '000 Sep 2 SS W- Vol CH Offshore 0.41 unch 347 ChuanHup 0.89 -0.01 ***** Cosco Corporation 2.54 0.10 ***** CWT Distribution 0.74 -0.01 5 Ezra Hldgs 1.50 0.02 2505 Freight Links 0.08 unch 8 Grand Banks Yacht 0.95 unch 54 Jaya Holdings 1.32 -0.01 998 K1291 words
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421 2005-09-05 18 GEORGE JOSEPH - Underwriters take different approaches; no fixed higher premiums imposed By GEORGE JOSEPH [SINGAPORE] The head of a Londbn insurance group that declared the Malacca Strait a war and terrorism risk zone said the approach taken will vary from underwriter to underwriter and that421 words
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514 2005-09-05 18 GEORGE JOSEPH - By GEORGE JOSEPH [SINGAPORE] The Londonbased underwriting group Lloyd's is likely to face a hit of around £1 billion (Ss3 billion), net of reinsurance, from claims resulting from the devastating Hurricane Katrina. Despite this hit, the group is still expected to make514 words
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Article, Illustration326 2005-09-05 18 Bloomberg [DALLAS] US President George W Bush waived the Jones Act temporarily to allow foreign-owned tankers to transport gasoline between US ports after Hurricane Katrina disrupted pipeline supplies. The act requires that only US-owned, flagged, built and crewed vessels move cargo betweenBloomberg; AFP - 326 words
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PORT SHOTS
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135 2005-09-05 18 AP [JAKARTA] Indonesia's navy said yesterday it plans to install radar stations at nine locations in the pirate-infested Malacca Strait to monitor ships and strengthen security in the world's busiest waterway. Navy spokesman Admiral Abdul Malik Yusuf did not know when or where theAP - 135 words
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106 2005-09-05 18 AP lORIANDO] Three Carnival Cruise Lines ships have been pressed into service by the US government to provide shelter for as many as 7,000 hurricane victims. The Ecstasy, the Sensation and the Holiday will be pulled from regular use starting today at theAP - 106 words
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394 2005-09-05 18 Reuters [LOS ANGELES] Ports from Houston to Tampa Bay may see traffic increases as vessels unable to access Gulf Coast ports which are shut by Hurricane Katrina are diverted elsewhere, but distant ports would probably not see increased activity, shipping industry experts said.Reuters - 394 words
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Page 18 Advertisements
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Advertisement133 2005-09-05 18 STRAITS/NEW ZEALAND DISCUSSION AGREEMENT NOTICE TO TRADE RATE RESTORATION EFFECTIVE 1 OCTOBER 2005 FROM SOUTH EAST ASIA AND SOUTH ASIA TO NEW ZEALAND Member Lines of the Straits/New Zealand Discussion Agreement wish to inform the trade that they will implement the Rate Restoration (RR) of USD2OO/TEU with effect from 1133 words
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Article11988 2005-09-05 19 SGX MAINBOARD 52 Wk Tel Last Vol Week List Quote GrOiv Div GrYld Net MCap High Low Code Company Sale +1- C000) High Low layer Seller S Cur M ShmI 10 2 5716 1st Software 5c 2.5 -0.5 3079 3 2 2.5 3 10.1 28 5 8 511,988 words
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Advertisement27 2005-09-05 19 SHARE INVESTMENTS ff\%\sHARE LOANS 1 1 Visit our branches or call 1800 3388 338 1 or log on to WWW.hlf.COm.Sg Open an today gift (while Terms a27 words
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Article6888 2005-09-05 20 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In local curt li» i\ la USS dy %yi dy yr dy *yr Vgp) liMten Oiwy Change Change Puny Charigy Wold Index Preliminary 9048 01 6.1 0.0 60 Oil 3I EAft Preliminary 864 6 0.0 11.9 0.5 79 0 6 5 Europe Preliminary6,888 words
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Advertisement854 2005-09-05 21 IINTWASIA RPRO SERVICE VBSa/VOY RAMPffT) HBGHT(M) KG KCH LP SIX JKT STRAITS VENTURE 18/ OS IS 3.2 01/09 04/09 08/09 11/09 13/09 STRAITS VENTURE 19/05 1$ 3.2 15/09 18/09 22/09 25/09 27/09 STRAITS VENTURE 20/05 IS 3.2 30/09 02/10 06/10 09/10 11/10 I AUSTRALIAN RO»Q «RVI« Vtssa/VOY RAMTffT) HDGHT(W) IP854 words
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Advertisement1239 2005-09-05 22 www.hamburgsud.com ASIA SERVICE SUNG 1 (EXPORT) *Sl* SERVICE SLING 2 (EXPORT) ETA ETA VwMl/Vtw** SINGAPORE SEPtTWA SANTOS ITAJAI PARANAGUA Votsel/Vome SINGAPORE RUMPS AIRES lIOGRANW SANTOS SIKTHA Conti Malaga 01OW 07/09 28/09 29/09 01/10 02/10 Iris 02SW 10/09 03/10 05/10 07/10 09/10 Cop Frio 504W 14/09 05/10 06/10 08/10 09/10 Cop1,239 words
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Advertisement1376 2005-09-05 22 VESSEL ¥€Y_ SIN Jiff HUG KHH INC KYH PUS VESSEL VOY SIN JKT SUB HKG USN PUS HYVLADIVOSTOK IMS 8/9 10/* IS/9 17/9 19/» 21/9 21/9 KMTC ULSAN Sl7s 11/9 14/9 IS/9 20/9 74/9 25/9 HY PROGRESS IOIS 15/9 17/9 22/9 24/9 26/9 28/9 28/9 KMTC SINGAPORE Sl3s 18/9 21/91,376 words
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Advertisement896 2005-09-05 22 ft WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICQ POINTS VESSEL VOY SIN P.KLANGI COLOMBO N. SHEVA COLOMBO KOTA PtKWIRA YPWO69 ?9 AUG 30 AUG 02 SEP 06 SEP 0 1 StP INDIRA GANDHI 0096W 05 SEP 06 SEP iLitf 12ii£ LISLE RAJIV GANDHI 0096W I?896 words
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Advertisement976 2005-09-05 23 IAMf WALLENIUS WILHELMSEN website: http://www.2wglobal.com VESSEL ~VOY RAMP HEIGHT SIN ~LBC MAO "hOU»~~ MIA SAV lAL OBf NYC" HtW "loT" TAPIOLA A 1519 400To«s 6.3 M 08/09 13/10 15/10 18//10 20/10 HXAS AF525 420T0m 6.4 M 12/09 10/10 19/10 23/10 28/10 26/10 TAMERLANE AF526 320T0« 6.4 M 28/09 21/10 30/10976 words
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Advertisement653 2005-09-05 23 BSA jk o MYANMA MM FIVE STAR LINE (Myanmar National Line) Loading for Yangon VESSEL VOY SIN PKL PEN PGU PAGAN 348W SID PAGAN 349W SID IN MALAYSIA: BOUSTEAD SHIPPING AGENCIES KUL/PKL: 03-*****388 PEN: 04-*****1S ACCEPTING CONVENTIONAL CGO VESSEL VOY HKG SIN PGU PKL It UC MARINE STAR 74 SID653 words
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THE BUSINESS TIMES SHIPPING TIMES
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8512 2005-09-05 24 ETA ETA Advertiser Vessel Voyage Telephone ETA HA Advertiser Vessel Voyage Telephone SIN Dast'n Name Name Number Number SIN Dest'n Name Name IkMkar Wmkm To AUCKLAND (AKL) 2031 New Zealand TO ABIDJAN (ABJ) 2003 Cote D'lvoire 15/09 04/10 TASMAN TASMAN COMMANDER *****6 *****288 13/098,512 words
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Advertisement535 2005-09-05 24 Taiwan ■SH kee khh txg \Wcekly Consol Service/ EH USA All IPI via LAX/NYC (MLB/AWS) LCL/FCL rates! HUB MARINE PTE LTD BOOKING: *****375/716 MAINLINE: *****866 FAX: *****066 OPR CODE "DZ" CR NO **********0Z MARKETING SALES: KELVIN CHUA: *****535, MELINA LEE: *****187 PT WANO S'TOBi YAWOOWh ftW* STQg-KUaiNO-W VESSEL VOYAGE I535 words
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Advertisement612 2005-09-05 24 FREIGHT LINKS EXPRESS PTE LTD 51 Penjuru Road, 3rd Level, g|p P Freight Links Express Logisticentre, Singapore *****3 E-mail: flesin@singnet.com.sq S. 4 Website:http://www.freightlinks.net 1 II ATTRACTIVE RATES TO: a.M ALEXANDRIA GENOA KEELUNO KAOHSIUNG s I •LE HAVRE MALTA •MAHE MARSEILLE Jft CEBU DAUAN HONO KONG JAKARTA «igAjjUf| QINGDAO SHANGHAI SURABAYA612 words
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Advertisement97 2005-09-05 24 GENIKI LINES GENIKir I As Agents CROSSEAST SHIPPING PTE LTD operator code GK CR NO: 778 3202 OOOOM Tel: 6327 1788 Fax: 6327 1588 •-mal: booldng@aoswaa.cam.jg WEBSITE: wwrw.gen4u.aim.my KUCHMG WEEKLY SAHJNO KOTA lONABAUJ, MNTULU 10 DAYS SARJNO GENIKI JOHOR GJI64E 22/09 1 23/09 24/09 25/09 MELAKA MKI4BE 7M>^H3/Q^ni/o^n7/()^H9/oH urn ~mw97 words
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Advertisement474 2005-09-05 24 j^JKUUB| HH|||HTI6ERWAVE 314N 03-04/09 09-11/09 17 18/09 1 ■PWifll TIGER PEARL 315N 06 07/09 1315/09 20 21/09 1 KUfUISUI TIGER SEA 316N 10 11/09 16 18/09 24 25/09 1 ■rnTTTB TIGER SKY 317N 13 14/09 20-22/09 27 28/09 ■■■■■TIGERWAVE 318N 1718/09 23 25/09 01-02/10 I ***** TIGER PEARL 319N 20474 words
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BizIT
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Article, Illustration749 2005-09-05 26 AMIT ROY CHOUDHURY - BT exclusive Industry watchers feel the technology partnership can be of advantage when bidding for the govt's SOE project, reports AMIT ROY CHOUDHURY AMIT ROY CHOUDHURY EDS, a leading global technology services company, has introduced its EDS Agility Alliance, a grouping of 10 global749 words
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Article, Illustration236 2005-09-05 26 AFP [SEOUL] A team of South Korean scientists said last Friday that they had developed a new technology that could open the way to make new devices that could replace current silicon-based semiconductors. The team led by Kim Hyun Tak of the Electronics andAFP; FIIE PHOTO - 236 words
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Advertisement119 2005-09-05 26 We live In an age where fearless thinkers are transforming the way we live, work and play. Organisations are realising that their Information Is powerful only when It Is readily available, not safely locked away. Business leaders are learning that success comes from letting their people do what they do119 words
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Advertisement81 2005-09-05 26 NEW PRODUCTS 'We want to move printing from the photo lab to the home.' says Canon, pg 29 w V > 0 f 0 t r 4 :4 it A 1 4 ,f BE FEARLESS. m iiJL ,«.<•»* y t m ~TSJST" Vl\ 'w S 1 'v..:V'; V V 'v/«:>.im!»m81 words
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BizlT FOCUS: DOCUMENT MANAGEMENT
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Article, Illustration1585 2005-09-05 27 SEAMUS PHAN - When the National Skin Centre went 'paperless', operational effectiveness and patient safety improved. SEAMUS PHAN finds out how SEAMUS PHAN Healthcare organisations are increasingly turning to IT to improve the effectiveness of patient care. In the case of Singapore's National Skin Centre (NSC), located atFILE PHOTO - 1,585 words
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245 2005-09-05 27 SEAMUS PHAN - SEAMUS PHAN WHAT are the keys to a successful document management system? Prof Goh Chee Leok has some tips. ♦Have a committed team with champions to evangelise the system. The organisation must see the benefits of having such a system and must share the245 words
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Advertisement160 2005-09-05 27 This series is brought to you by: Fujitsu Asia Pte Ltd Document Scanners FUJITSU A Fujitsu document scanner can scan up to 15,000 documents per day and store them as'electronic Hk originals". No expensive warehouses; no worries about natural disasters, fires or paper deterioration; :>MjHB» jh no wasted time waiting160 words
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BizIT
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Article, Illustration447 2005-09-05 28 RAJU CHELLAM - Study finds McAfee the best suite on the market, reports RAJU CHELLAM RAJU CHELLAM GIVEN the rise and complexity of malicious code such as viruses, spyware and spam which are increasingly clogging corporate networks, which is the best software security suite in the market today?FILE PHOTO - 447 words
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259 2005-09-05 28 Reuters [SEOUL] Prices of flat screens for televisions, computers and laptops will rise in the third quarter and growing demand will help revenues rise 35 per cent to a record high, a US-based research firm said on Friday. Average selling prices ofReuters - 259 words
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<what's new>
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Article, Illustration146 2005-09-05 28 Workout-avoiding gamers may find a draw in OTO's latest Zooozh Magnetic Exercise Bike, which marries its stationary exercise bicycle with an XCom gaming control unit. A sensor on the XCom unit translates pedal power into speed, allowing exercisers to indulge in virtual racing games146 words
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Article, Illustration122 2005-09-05 28 Eastman Kodak's new EasyShare-One zoom digital camera will be available in several markets including Australia, Britain, France, Germany and the US starting next month. Singapore, however, will have to wait until its local release sometime in 2006. The EasyShare-One is said to be the world's first122 words
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Article, Illustration107 2005-09-05 28 Data storage leader lomega has released its new Mini Max Desktop Hard Drive, designed to complement the Mac mini and raise its storage capacity by up to 250G8. The Hi-Speed Dual connectivity device has three USB and three Firewire ports, allowing it to act as a107 words
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Article, Illustration116 2005-09-05 28 RACHEL LIN - Compiled by RACHEL LIN LG's latest G262 mobile phone styles itself after a sports car, replete with a high-gloss two-toned finish in black and silver. Aesthetics aside, the phone comes with a high resolution 1.3 megapixel camera with an inbuilt flash and a pair of 3D116 words
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<what's up>
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115 2005-09-05 28 LEADERS in the mobile industry are set to converge in Singapore from Sept 26-30 for the 3GSM World Congress Asia, which will feature plenary sessions, keynote speeches, conferences and an exhibition highlighting strategies for industry growth and the latest technological innovations.115 words
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114 2005-09-05 28 BUSINESS chiefs thinking about taking the Open Source plunge can make a more informed decision by attending a panel discussion on Linux organised by the American Chamber of Commerce. Speakers include Harish Pillay of Red Hat, Novell corporate business strategist Tham Joon Nam, Business114 words
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132 2005-09-05 28 ONE-in-ten Asians now use weblogs every week to keep abreast of news and current affairs, a study by global marketing research company Synovate shows. The survey, which measures consumers' preferences for news media and content, reported that despite a continued preference for traditional channels132 words
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Article, Illustration81 2005-09-05 28 Linux Enterprise Server Security contest on Aug 28 as part of this year's TechnoQuest in a bid to expose students here to the platform. This is the first time in TechnoQuest's 10-year history that a Linux competition has been introduced. The top teams81 words
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114 2005-09-05 28 INTEL Technology Asia and Fujitsu Asia have joined the ranks of industry sponsors for the National Infocomm Scholarship (NIS), a scheme designed to nurture top infocomm students initiated by the Infocomm Development Authority and supported by the Singapore Infocomm Technology Federation and the Singapore114 words
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113 2005-09-05 28 THE Singapore firm behind the world's most popular inkjet auto refill system, Inke, is on the lookout for possible franchise partners. Its refill machines which are compatible with cartridges from Hewlett-Packard, Lexmark, Canon, Dell, Samsung and Sharp printers were demonstrated at the recent Comex 2005,113 words
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95 2005-09-05 28 RACHEL LIN - Compiled by RACHEL LIN INTERNATIONAL Design Forum 2005, which aims to provide a platform for businesses both here and abroad to sell creative designs in the region, will be held on Oct 26-27. Targeted at chief executives, consultants, designers and engineers, the forum will feature95 words
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Article, Illustration317 2005-09-05 29 RACHEL LIN - By RACHEL LIN CREATIVE Technology has unleashed a torrent of new products pleasing to the ear, the eye and even to the touch. Leading its lineup are its two new lines of portable speakers 1 the TravelSound and the Travel Dock which317 words
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Article, Illustration773 2005-09-05 29 ROLAND LIM - It offers 13 new inkjet printers with better print heads, fade-resistant ink By ROLAND LIM in Tokyo SEEKING to stand out from its "anything you can do competitors, Canon's latest offerings are a slew of 13 new inkjet printers which can produce photos that will773 words
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Advertisement122 2005-09-05 28 |ft H Lianhe Zaobao X I Bigger I Icondos I I heroming popular I I small ones I nre still in 1 demand I Network and Desktop Outsourcing Specialists Is your infrastructure unneccessarily complex? Thinking of outsourcing X I your IT services requirements? We can help. With over 36,000 employees122 words
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Advertisement105 2005-09-05 29 Ofer Speakers ;-Jw r v- V ■■■■■■■■■■■■■I Mr. Erik Laylan President, FBI Ijofragoard Erik Laykin is the President of FBI Inftaguard, Los < Angeles and Director of Information Technology Investigations in the Discovery Services Pnidlee' of Navigant Consulting, Inc. As the Founder and fl President of Online Security, Inc. in105 words
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Advertisement48 2005-09-05 29 7 i *£f 4 I tj- Premium Petrol, Premium Read! Drive into any SPC petrol station on Saturdays and ask for your complimentary copy of The Business Times!* U TJ minimum transaction of $30 applies. Complimentary copies while stocks last. The Business Times SPC jo subscribe call *****83848 words
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BizlT FOCUS: CEO'S NOTEBOOK
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Article, Illustration1549 2005-09-05 30 RAJU CHELLAM - Ron Sim, father of S'pore icon Osim, tells RAJU CHELLAM why long-distance running gets you in good shape to run a business RAJU CHELLAM RUNNING is something that he doesn't particularly have time for but is something Ron Sim has been doing all his life, both literally andFILE PHOTO - 1,549 words
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Article517 2005-09-05 30 IN the global economy where inventions and innovations can spread from one end of the globe to the other at Internet speed, how do you ensure your company's products are not copied and offered to potential customers at a fraction of your cost? "You have to517 words
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Advertisement419 2005-09-05 30 I This series is brought to you by: I HP recommends Microsoft® Windows® XP Professional. TAMPER-PROOF. HACK-PROOF. FOOL-PROOF. WL TECHNOLOGY Get the ultimate in mobile security today with the HP Compaq nc6230 Notebook PC, powered by Intel® Centrino™ Mobile Technology. In this information era, the loss of your data is419 words
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