The Business Times, 19 September 2005

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Total Pages: 35
1 36 The Business Times
  • 17 1 THE BUSINESS TIMES Monday, September 19,2005 SINGAPORE 85 cents online at http://business-times.asia 1 .com.sg MICA (P) 089/03/2005
    17 words
  • 670 1  -  Motoring tycoon plans to sell industrial assets to Reit By VEN SREENIVASAN, ARTHUR SIM [SINGAPORE] A year after selling his Alexandra Road property to Ascendas Real Estate Investment Trust (A-Reit) for a handsome profit, motoring tycoon Peter Kwee plans to do the
    670 words
  • 263 1  -  By VINCENT WEE in Liverpool THE Clipper Round the World Yacht Race began yesterday from a start line just in front of the landmark Liver Building on Liverpool's Mersey River. As the Clipper yachts set off on their 35,000-mile journey around the world,
    263 words
  • 619 1  -  By CHUANG PECK MING [SINGAPORE] The recent spike in oil prices and Uncle Sam's disappointing- economic performance have not scared Singapore investors away from Wall Street. They bravely joined others in picking up more US stocks than they sold as share prices fell in
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  • Page 1 Advertisements

  • TOP STORIES
    • 752 2  -  WALL STREET INSIGHT Traders say FOMC will continue its course of rate hikes to guard against inflation By ANDREW MARKS in New York FOR nearly two weeks now, since the enormity of the devastation and economic dislocation caused by Hurri&ne Katrina became clear, investors
      AFP  -  752 words
    • 686 2 Smith Barney tops in picking STI winners SMITH Barney Citigroup and DBS Vickers reign supreme among research houses here in picking winners from the large capitalisation stocks of the Straits Times Index (STI). Clinching top honours for Smith Barney are analysts Kevin Chong, Han Low Horng and Anil
      686 words
    • 440 2 [HONG KONG] Troubled Guangdong Development Bank (GDB) has selected six domestic and international firms for the next round of bidding for what could become the first controlling stake sold by a state-con-trolled bank, the South China Morning Post reported on Saturday. Four foreign
      440 words
    • 129 2 MARKETS Week dig* STI .2306.38 +5.10 KLSECOMP 921.99 +4.07 NIKKEI 225 *****.68 ....+266.64 HANG SENG *****.20 -182.57 SET INDEX 708.26 -4.52 JAKARTA COMP ...1056.73 -41.73 MANILA COMP ....1909.80 +27.03 TAIPEI TAIEX 6031 24 -87.82 SEOUL COMP 1174.13 +21.63 SHENZHEN 8 -..232.15 +737 AUSTALLORD 4499.40 ..-..+66.70 DOW JONES —*****.94.—-36.62
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  • Page 2 Advertisements
    • 268 2 BT ONLINE Access to BT Online is free after 6pm each day. But print subscribers can access our online news anytime. Call 6388-3838 to subscribe and activate your online account > it I'PPAPMI "Education 6"* 'Executive Network. 1 1 leadership Joumej^^J^Sm Most Established UK MBA (Edupoll Singapore 2005 MBA Citations)
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  • Page 3 Advertisements
    • 157 3 IIS^dJIFELS The National Drilling Company of Abu Dhabi (NDC) has picked Keppel FELS as the designer MMiijAßfl and builder of choice for its first turnkey jackup rig, Al-Hail, in 20 years. < A member of Keppel Group) Keppel FELS Limited With a total leg length of 307 feet (93.6 m),
      157 words

  • COMPANY NEWS
    • 624 4  -  UBS emerges No 1 in category for mid-to-small-cap counters here By ANGELA TAN SMITH Barney Citigroup and DBS Vickers reign supreme among research houses here in picking winners from the large capitalisation stocks of the Straits Times Index (STI). The US outfit stole
      624 words
    • 649 7  -  HOCK LOCK SIEW By CHEN HUIFEN IT IS said that when a woman shops, the thrill is not in the shopping but in paying a few dollars for something that looks like it costs a few hundred. If this theory was applied to Parkway
      649 words
    • 466 7 Bloomberg HYFLUX Ltd, Singapore'sbiggest publicly traded wa-ter-treatment company, expects sales from India to account for as much as 20 per cent of the total in about two years as it expands in the world's second-most populous nation. The
      Bloomberg; BLOOMBERG  -  466 words
    • 508 7  -  It's gearing up to take on new rivals nextyear By ROLAND LIM in Jakarta DESPITE falling average revenue per user (ARPU), PT Telekomunikasi Selular (Telkomsel) in which Singapore Telecom has a 35 per cent stake is expected to close 2005 with earnings up
      508 words
  • Page 4 Advertisements
    • 207 4 I NYMEX Welcomes You to I I APPEC 2005 I I Singapore Fuel Oil 180cst Swap I East/West Fuel Oil Spread I (180 vs 3.5% barges ARA) I Singapore Fuel Oil Spread Swap (180 vs 380) I Singapore 380cst Fuel Oil Swap I Singapore Gaeoil Swap I Singapore Jet Kerosene
      207 words
    • 127 4 **■*I*o. SftttHllTflii. A I tin )f *«w*. UjWUHttfc** H a«®r*a. «#*%<*». jstiAtt**. V\ M ■y 1 ttJtJtSWfJjJk^SJOU itfltnaufK BPB&f£®sB€! e«*3j, mux* A**#: A**»a*ww±*R #iik*K ii**Bl*±-;ttt «flu*/±* ;S¥;«ffl 2005*12/131 B <*t»tt«)*tt£*j:sift¥2Jff£ ffiRBM. 2006*38 •ft RISK AM< *ff»*Mtfl «i#J**;*9X*9H#± MVJWtlft&lt ByfclllfcJltllfitti Master of Science (Technopreneurship Innovation) Sit%tf: csgQntu.edu sg J 1 fcSfctt
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  • Page 5 Advertisements
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  • SINGAPORE MARKETS
    • 655 6  -  STOCKS R SIVANITHY Senior Correspondent THE market's message was consistent throughout the past 3-4 weeks: The market is now firmly in trading mode, liquidity is easing off and, with interest shifting to-the second line, players had best be on their toes because
      655 words
    • 51 6 Popular Hldgs's dividend payment, Sept 19 Econ HC's dividend payment, Sept 20 Mobile One's dividend payment, Sept 22 Advanced Hldgs's dividend payment, Sept 23 CDW Hldgs's dividend payment, Sept 23 Freight Links's dividend payment, Sept 23 Sing Lun's dividend payment, Sept 23 Poh Tiong Choon's dividend payment, Sept
      51 words
    • 354 6 CURRENCIES AFP [HONG KONG] Asian currencies ended last week mixed with the Japanese yen gaining against the dollar on the back of Prime Minister Junichiro Koizumi's election victory but then losing ground in line with other regional currencies as the market awaited next week's
      AFP  -  354 words
    • 1653 6 Consensus *No.of Forecast Mean Frfs Consensus Naof Forecast Mean Frfs recommendation esti- EPS PC target price recommendation esti- ft target price Company name TNswfc Last mth mates (cants) (ratio) price Company name TNswk Last mth mates (cants) (ratio) price Ailqreen Properties 2.36 2.55 11 6.70 18.51 1.37 1.24
      1,653 words
    • 523 6 Pn—m Ex *Mto Pay Njwoi Ex toots hr (o»i tm» iim in i isst <m dec ton AdarnpakSc J_ M3 0H«p »S«p KhongGuin b 6JJ0 20 fcp 2J-S«p OJ-Oa *d»w»adHM»«c 1J» BMW W XMrn thong Guon S 4» 2Mqi 2i*p 07 Oa f 2« B?-M» IM» 21-Ww KlnctoTdCaoPf
      523 words
    • 401 6 COMMODITIES: WEEKLY ROUNDUP AFP [LONDON] Oil prices fell last week amid forecasts of slowing demand that were offset slightly by further drops of US stockpiles triggered by Hurricane Katrina. Gold prices hit their highest levels in 17 years in London and New York, owing
      AFP  -  401 words
    • 1242 8  -  TEH HOOI LING Senior Correspondent THE revival of interest in smallcapitalisation stocks has boosted the values of a couple of our portfolios significantly. Last week, the UOB Sesdaq Index surged 4.7 per cent while the Straits Times Index edged up by 0.2 per cent
      1,242 words
    • 1495 8  -  INSIDE MARKET Purchases are seen in Reyoung and EnGro, while Asti and Armstrong continue share buybacks, reports ROBERT HALILI ROBERT HALILI THE director and substantial shareholder activity fell for a second straight week, with only 55 transactions worth $13.9 million last week.
      1,495 words

  • Page 7 Advertisements
    • 105 7 your asia connection in design .-r-. .>ps fe, 4 ,v <rry"" v HP Itow—i*k' www.eddesigngroup com Singapore nialaysia Indonesia china thailand hong konq IM,': *****^ \\> I I optimizes and complements vol- objectives M» 4 THE ED DESIGN GROUP PTE LTD 11 1 iC>O 8 r> O' 1 H8 1
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  • DINING OUT
    • 1610 9 NEW EATERY Nogawa Japanese Restaurant, Peacock Restaurant Sentosa Golf Club, 27 Buklt Manis Road. Tel: 6373-7140 IT sure doesn't seem like you're on your way to a business lunch when you pass by luscious landscaped streets and life-like signs that say "Monkeys Crossing". But Sentosa
      ARTHUR LEE  -  1,610 words
  • Page 9 Advertisements
    • 205 9 Hrour Authentic Peranakan Favourites the Opening of the House of Peranakan Delights :e the latest addition to the House of Peranakan Cuisine Group of restaurants. Located within Raffles Place, the new House lakan Delights offers you Peranakan favourites such as Ayam Buah Keluak, Nonya Chap Chye, Cuny Fish Head, Satay
      205 words
    • 16 9 DINING OUT A sponsored series on fine dining experiences brought to you by UOB Credit Card
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  • VIEWS FROM THE TOP
    • 2133 10 THIS WEEK'S TOPIC What can be done to further protect the welfare of club members? Can legislation help? I WOULD say that the legislation in Singapore regarding raising money from the public for clubs has been very lax. When we compare what companies have to go
      2,133 words
  • Page 10 Advertisements
    • 87 10 BTCEOf t-dub 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 various economic
      87 words

  • SINGAPORE NEWS
    • 610 11  -  It accounts for the self-sustaining rate of economic growth: US don By NANDE KHIN SINGAPORE has found a "secret weapon" for continuous, self-sustaining economic growth and that is investment in education, in particular higher education, according to a US-based economist. "The secret weapon is not weapons
      CHRIS LOH  -  610 words
    • 220 11 DATE/ TIME EVENT VENUE 19 Sept Cornerstone Retail 30 Robertson Quay, 8.00pm Bordeaux Grand Cru Wine #01 -12/13, Riverside Investment Talk View Apts 19-20 Sept Asia Business Forum Marina Mandarin 8.00am HR Measurement Singapore 20 Sept Release Your Fears and Meritus Negara, 6.30pm Reach for the Skies! A
      220 words
  • Page 11 Advertisements
    • 2 11 Career choices...
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    • 160 11 Warm service, wonderful food fabulous shopping enjoy all ,h,s and much more w.th EnjOV 3 H 0 the Sheraton Break package in J J O O Thailand Brought to you by f I American Express Selects GflGrglSe yOUTSeIt Wltl! luxurious Sheraton hotels Sheraton Breaks in Thailand. Royal Orchid Sheraton Hotel
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    • 100 11 LUCKY SUBSCRIBERS THE following readers have been picked to win prizes in our subscription campaign which ended early this month. They will be notified by telephone within the week. Top prize ($3,000 worth of shopping vouchors); Charmaine Wai of Tiong Bahru. $300 Ham Singapura Kelvin Lim of Seletar Garden; 4
      100 words

  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • 772 12  -  After looking last week at how a retail investor can avoid picking wrong investments, DANIEL BUENAS now delves into the concept of an investment time horizon, something every investor should be aware of DANIEL BUENAS YOU know that old adage, "time is money"? It holds a
      Illustration: Ben Cruz  -  772 words
    • 854 12  -  CAMPUS LIFE No mountain's too daunting for Jane and her all-woman team, writes MINDY TAN MINDY TAN TWENTY-one-year-old Jane Lee is aiming for peaks that few dare reach for. The leader of the Women's Everest Team, the first in Singapore and South-east Asia, Jane is a full-time
      FILE PHOTO  -  854 words
  • Page 12 Advertisements
    • 151 12 "essay" COMPETITION In memory of its former Associate Editor and connoisseur of good writing, Bay Heath, who died last October, The Business Times is sponsoring an annual essay competition for students. The topic for this year's essay Is: "What will be the ecooomic impact of int«£*ted limits, IncMing iiilimm, In
      151 words
    • 47 12 cili bank The Business Times-Citibank Young Investors' Forum is published every Monday in The Business Times. It aims to raise the financial awareness of university and polytechnic students and cultivate a better understanding of business issues. The series is part of BT and Citibank's tertiary outreach programme.
      47 words

  • ECONOMY WATCH
    • 727 13 OECD says China will maintain 9.5% growth for some time, become 4th largest economy [BEIJING] China is on track to become the world's biggest exporter and fourth largest economy by 2010, a phenomenon that the OECD attributes
      AFP  -  727 words
    • 488 13 Bloomberg [JAKARTA] Indonesian President Susilo Bambang Yudhoyono would ease investment rules to attract investors to South-east Asia's biggest economy and boost growth to an average of 6.6 per cent over the next five years. Mr Yudhoyono, speaking at the Indonesia Global Investment Forum in
      Bloomberg  -  488 words
    • 591 13 AFP. Reuters [WASHINGTON] The Federal Reserve faces a tough decision on interest rates tomorrow as it mulls another interest rate hike after what may be a major blow to the US economy from Hurricane Katrina. Most economists and market analysts see the Federal
      AFP.; Reuters  -  591 words
    • 412 13 Problem lies with refining capacity, not supplies, it says Reuters [VIENNA] Leading oil producer Saudi Arabia said on Saturday it will back an increase in Opec's output lim- its though it is struggling to sell additional crude. "Absolutely, yes," Saudi Oil
      Reuters  -  412 words
  • Page 13 Advertisements
    • 136 13 MARKETING 30rt be 2005 Venue: Grand Hyatt Singapore I I 10 Scotts Road Singapore *****1 DILIGENCE ca=n=— ft Chief Executives. Financial Directors, A Worldiciass Marketing Seminar Marketing Directors General v Managers. Investment Analysts, Investor Relations Managers, Compliance Officers and Investors. J i The challenges facing all I organisations >• What
      136 words

  • MALAYSIA/INDONESIA
    • 308 14 Choice, based on price, surprises major firms that had submitted bids [KUALA LUMPUR] Bank Negara Malaysia has awarded a RM32O million (*****.5 million) contract for a resource centre to privately held H&I Niaga Sdn Bhd, Malaysia's Business Times reported over the weekend. The
      308 words
    • 207 14 AP [KUALA LUMPUR] US policies toward South-east Asia need to focus more on economic issues rather than security concerns, Malaysia's prime minister was quoted as saying on Saturday. Asean "expects the United States to be an important strategic economic and development
      AP  -  207 words
    • 216 14 AFP [KUALA LUMPUR] Malaysian property and palm oil plantation firm Boustead Holdings has bought a 30 per cent stake in PSC Naval Dockyard, a shipbuilder involved in a troubled naval deal, a report said on Saturday. Boustead bought the stake for RM166.5
      AFP  -  216 words
    • 3007 14 Transaction date: Sep 16 For a full listing of the closing prices, log on to BT Online at http://business-times.asial.com.sg after 11.30pm every trading day HONG KONG Vol eForceHldgs .0.03 unch 4494 HUNUKUNU V* EganeJew*lery 1.18 -0.03 2509 EganaGoidpfefl. 1J7 -0.05 4*1 Aeon Credit 5.80 0.10 220 HoWlngi —.60.00
      3,007 words
    • 546 14  -  MALAYSIA INSIGHT Previous M'sian experiments at monopoly-breaking have been messy, wasteful, expensive S JAYASANKARAN KL Correspondent KUALA Lumpur's business circles are quietly buzzing with rumours that the idea of a second oil consortium is back. Let's hope it's not true. To recapitulate, the idea was first
      546 words
    • 576 14 Bloomberg [JAKARTA] ExxonMobil Corp agreed to develop Indonesia's US$2.6 billion Cepu oil Held, a breakthrough in a four-year dispute with the state oil company over how to exploit the nation's biggest untapped deposit. The standoff between state-owned PT Pertamina and the world's biggest
      Bloomberg; AFP  -  576 words

  • WIRE AND TUBE 2005
    • 621 15  -  By AMIT ROY CHOUDHURY pore and Tube Singapore exhibition, organised by MesJe Dusseldorf sa IR won't be very nauch cheaper— and^llf^yt^S^S and hence there; will certainly be a lot of interest generated at this year's exhibition, MDA officials feeL Wire Singapore and Tube Snigft~ pore
      REUTERS  -  621 words
    • 1149 16  -  PHILIP KHNIGHT explains why the Wire and Tube shows here are significant in the wake of the tsunami tragedy and oil crisis PHILLIP KNIGHT THE biennial Wire Singapore and Tube Singapore trade shows taking place from tomorrow to Thursday remain important events for the wire
      REUTERS  -  1,149 words
    • 1204 16 IT will be business as usual at the Wire Singapore and Tube Singapore exhibitions, and companies who have booked space at either or both shows know that Asia is a region that cannot be ignored because of its dynamic growth potential. They also know that
      1,204 words
    • 1550 17  -  The fibre optic network, backbone of the multi-billion dollar outsourcing industry, has transformed lifestyles and the way we do business, reports AMIT ROY CHOUDHURY AMIT ROY CHOUDHURY AS it so often happens, one of the most vital links in the worldwide communication network that
      1,550 words
    • 987 17  -  By RACHEL LIN THE full-speed-ahead drive for infrastructure development here in Asia is putting smiles on the faces of a whole plethora of industries not least of which are the wire and tube sectors. With demand on the rise and capital investment growing steadily,
      REUTERS  -  987 words
    • 584 20 A decrease in demand from US and South American buyers has forced Italian wire and tube manufacturers to focus on Asian expansion THE Italian wire industry will be well represented in this year's Wire Singapore/Tube Singapore 2005 the allAsia wire, cable, tube and pipe trade fairs, according
      584 words
    • 470 20  -  By RACHEL LIN THIS year's Wire Singapore and Tube Singapore are expected to draw thousands of trade visitors and showcase hundreds of exhibitors, each with good claim to be an expert in its field. One such example is the Munich firm data M
      470 words
  • Page 15 Advertisements
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  • Page 18/19 Advertisements
    • 1937 18/19 ine proauci range inciuaes: koo oreaicaown, bingie ana The companies that form the TKT group are top ranking ;i:, v Multiwire Drawing Lines, Anneaiers, Single and Double since 1948 SIMPLEX-RAPID has been successfully present International companies that have been operating in the WM A.APPIANI SRL (Booth: 3C07) CORTINOVIS SPA (Booth:
      1,937 words

  • Page 20 Advertisements
    • 63 20 feaaErnra join the best 24 28 April 2006 Diisseldorf, Germany International Wire International Tube and Cable Trade Fair and Pipe Trade Fair www.wire.dewww.tube.de > [UM|wyiii|| hh Emgm Industry Partner /Ideeller Triger In] Internatio^dll^t^sociation Wire, Cable, Spring Fastener Fibre Optic, Making Technology Wire Products and Machinery if 1 Messe Diisseldorf GmbH
      63 words

  • GREATER CHINA/INDIA
    • 637 21 Move comes after customers withdraw 10% of bank's deposits AP, Reuters [HONG KONG] Macau's leader has appointed two outside executives to help manage a local bank accused by the US of money laundering for North Korea, after worried
      AP,; Reuters  -  637 words
    • 230 21 AP [TAIPEII Taiwan's laptop computer industry once the world's largest has closed its last assembly line and completed a massive relocation to rival China, a newspaper reported yesterday. First International Computer Co recently shut down its Taiwan factory, becoming the last Taiwanese
      AP  -  230 words
    • 399 21 AP. Bloomberg [BANGALORE] India's central bank is closely scrutinising lending to investors following an extraordinary rise in stock prices, its chief said on Saturday. The Reserve Bank of India has asked banks particularly the cooperatives to submit details of their capital market exposure and tightened
      AP.; Bloomberg  -  399 words
    • 190 21 AP [BEIJING] The chairman and six other executives of troubled electrical appliance maker Guangdong Kelon have been arrested in southern China on suspicion of economic crimes, state media reported on Saturday. The company had announced earlier that its chairman, tycoon and four other company
      AP  -  190 words
  • Page 21 Advertisements
    • 193 21 I I I S I I I I I II HI I I I mm I H I I I II 1111- A I I II 1- J IIHH I W|i| MHWH Kb -t 5 i H 9 m mm. W r„• WW'- IB Iw Imagine a global financial firm
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  • WORLD
    • 582 22  -  Bayou seen caught in fraudsters' trap while trying to recoup losses By NEIL BEHRMANN in London COURT records of the US$44O million collapse of Bayou, the Connecticut US based hedge fund, have disclosed an international scam involving high yield debt. In delving
      582 words
    • 536 22 AFP. AP [FRANKFURT] Unlike the German general election three years ago, which was won on one-off issues such as the looming war in Iraq or devastating floods in eastern Germany, yesterday's poll looks set to be decided on one issue alone the
      AFP.; AP; PHOTOS: AP  -  536 words
    • 254 22 Reuters [NEW YORK] Mexico should capitalise on China's rapid economic growth by becoming a Singapore-like way station for US-bound Chinese goods and a mecca for Chinese tourists, the country's foreign minister said on Friday. Speaking at Columbia University, Foreign Minister
      Reuters  -  254 words
    • 401 22 Fare at canteens often monotonous and unhealthy AFP [GENEVA] A poor diet on the job costs the world as much as 20 per cent in lost production, with workers in poor countries too malnourished to do their jobs properly while their
      AFP  -  401 words
    • WORLD WATCH
      • 80 22 AP [UNITED NATIONS] Iranian President Mahmoud Ahmadinejad proclaimed his country's "inalienable right" to nuclear energy and offered foreign countries and companies a role in his nation's uranium enrichment programme to prove Teheran is not producing nuclear weapons. In a fiery speech to the
        AP  -  80 words
      • 66 22 Reuters [NEW YORK] Former US president Bill Clinton on Saturday adjourned a frenetic, three-day Clinton Global Initiative conference that won pledges of US$l.25 billion in commitments to tackle some of the world's biggest problems. Nearly 200 formal pledges were made during the global networking
        Reuters  -  66 words
      • 65 22 Bloomberg [NEW YORK] Google Inc. the most-used Internet search engine, may consider making a bid for America Online to keep the company from switching to Microsoft Corp's search technology, a Merrill Lynch Co analyst said. America Online, the world's biggest Internet access provider,
        Bloomberg  -  65 words
      • 59 22 AFP [TOKYO] Japan's new opposition leader yesterday sought to revise the nation's pacifist constitution and lift restrictions on Japanese troops' use of weapons overseas. Sefli Maehara, fresh from his slim victory in the Democratic Party of Japan's leadership election on Saturday, said Japan should
        AFP  -  59 words
      • 61 22 AFP [LONDON] The contents of dormant bank accounts which have laid untouched for a decade or more could be handed over the charities under a new British government plan, the Financial Times said on Saturday. After months of talks, Britain's Treasury is close to
        AFP  -  61 words
  • Page 22 Advertisements
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      78 words

  • AVIATION
    • 487 23 Strong euro helps European carriers manage price jolt better AFP [PARIS] Troubled US airline companies, already financially shaken by fierce competition from low-cost carriers and steep labour costs, are now facing more turbulence from soaring fuel costs, which their European
      AFP  -  487 words
    • 483 23 Reuters. Bloomberg [CHICAGO] The same-day bankruptcy filings by Delta Air Lines and Northwest Airlines last week may be coincidental, but some experts said the two could be eyeing a merger that would see them re-emerge as the largest US airline. Analysts see pros and
      Reuters.; Bloomberg  -  483 words
    • 1909 23 cut man ita fucht itp Copinhann SK973 1900 SK972 2155 ■-■-Mltl ATO067 1850 Da Nam MI633 2255 MI633 1425 gagj 'fig SQ5024 2255 5Q5024 1425 QF81 1«50 Darwin AF8087 1850 Airotardam SQ323 0620 AZ3993 2255 BA7 8 g> AZ3992 1450 KL838 2255 Q fa1 1850 KL837
      1,909 words
    • 508 23 Bloomberg [WASHINGTON/CHICAGO] Southwest Airlines Co, AirTran Holdings Inc, Jetßlue Airways Corp and other growing low-cost carriers (LCCs) are poised to benefit as Delta Air Lines Inc and Northwest Airlines Corp reduce flights in bankruptcy. Discount carriers .now have a chance to pick up
      Bloomberg  -  508 words
    • 255 23 Sats' passenger volume in August up 7.1 Bloomberg [SINGAPORE] Singapore Airport Terminal Services Ltd (Sats), the ground-han-dling unit of Singapore Airlines Ltd, said on Friday that it handled 7.1 per cent more passengers last month, boosted by increased demand for travel. The company handled 2.27 million passengers, an increase from
      Bloomberg  -  255 words
    • 228 23 AP [NICOSIA] Relatives of victims of last month's Helios Airways crash in Greece have filed a lawsuit in the US against the Cypriot airline, its holding company Libra Holidays and Boeing, the aircraft manufacturer, three law firms said on Friday. Helios
      AP  -  228 words
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  • Page 23 Miscellaneous
    • 269 23 CRYPTIC CROSSWORD ACROSS shipped (4) vT™' 7 Information in a scriptural 1 Ready to get engaged? (8.3) form (11) 8 When it's too humid to hunt? 8 Course manua m 11 ffs bitter beer with nothing in 9 $J > cha, eS are alwayS sma 12 Chance being called a
      269 words

  • SHIPPING
    • 769 24  -  Bill of lading data will no longer be adequate, warns shipping body chief By DONALD URQUHART [SINGAPORE] Container shipping lines have been warned that bill of lading information for US-des-tined cargo will no longer be considered adequate by US authorities, which are
      US CUSTOMS  -  769 words
    • 372 24 Reuters [SYDNEY] Australia's competition regulator should block a hostile A 54.6 billion (555.9 billion) bid for Australia's biggest port operator, Patrick Corp Ltd, from transport firm Toll Holdings Ltd, Patrick's chief executive said yesterday. A decision last week by the regulator, the Australian
      Reuters  -  372 words
    • 199 24 Reuters [WASHINGTON] The largest US farm group will urge the White House to allow foreign vessels to transport US corn and soybeans from ports damaged by Hurricane Katrina, an industry official said on Friday. The American Farm Bureau Federation said it will
      Reuters  -  199 words
    • 288 24 sex 'ooo Sap It St W- Vol CH Offshore j0.41 unch 157 Chuan Hup .0.89 001 1421 Cosco Corporation -2 58 unch 1373 CWT Distribution 0.74 -0.01 69 EzraHldgs 1.49 0.02 3011 Freight unks .0.08 -0.01 1093 Grand Banks Yadit .0.95 0.02 22 Java Holdings 134 0.05 1234
      288 words
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    • 915 24 Call toll-free 1800 289 8822 Unwtke»®»phxoßij»^ IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF AXA HOLDINGS PTE LTD (In Members' Voluntary Liquidation) Reg. No. *****5099Z NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50,
      915 words

  • 10488 25 SGX MAINBOARP 52-WV T«l Last Vol WMk Lilt Quota GrtMv Mv GrVW MM MCap High Law Coda Company Sa>e (*860) Wall lew 8r«r Sa6ar Cw EE Soil 10 2 5716 1st Software 5c 3 *0.5 5659 3.5 2.5 3 3 i 12.1 28.5 8.5 3148 STelecom US2c 9.5
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    • 124 25 lip. m f Mf W if.i i!" -tt. it:, .it. ,!t« lin'i. Why would you trade Contracts for Differences (CFDs)? full .> i i 111 It,l I'll.! It I'. I! 11l >. 'I t, I' :f t■■l ,n I /tt.|!l ;l I'. .i• i I' t i ir ,h iii
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  • 6461 26 FINANCE COMMODITIES INTERBANK CROSS RATES AS CS Riwb Euro HKS hid H» Hwfiali Ywi Won KM WO Ptk lb Pw SS toad $«r WIS Balit Eowwd USS Australia 0.910. 6.218 0.626 5.965 33.718 77.908 0.851 7.899 2.898 1.088 45.998 43.178 1.290 4.880 0.971 25.319 31.505 0.424 0.769 Canada 1.099 6.833
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  • Page 27 Advertisements
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  • THE BUSINESS TIMES SHIPPING TIMES
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  • BizIT
    • 676 32  -  Product launch is in line with the company's move to phase out its Packard Bell brand, reports AMIT ROY CHOUDHURY AMIT ROY CHOUDHURY NEC Computers Asia-Pacific, which in April announced a high-profile shift in its branding strategy, unveiled in Singapore last week its
      676 words
    • 319 32  -  By AMIT ROY CHOUDHURY NEC's new water-cooled PC, the Powermate DKTBOOOwj features a coolant system which uses propylene glycol liquid to dissipate heat from the motherboard. The advantage of this approach, according to NEC Computers Asia-Pacific CEO Chak Wong, is
      319 words
    • 72 32 [PARIS] Olivier Mevel,. head of Violet company, holding up a Nabaztag. the first ever released wide-audience communicating device. Mr Mevel and Violet's co-founder Rafi Haladjian called the device Nabaztag, which means rabbit in Armenian. Nabaztag, which can be connected to other Nabaztags through the Internet, can play MP3
      AFP  -  72 words
    • 193 32 Reuters [SAN FRANCISCO] International Business Machines Corp (IBM), the world's biggest computer company, said it began shipping the latest version of its mainframe computer on Friday, helping drive up revenue as customers switch to the new device. System z9, the ninth generation of IBM's
      Reuters  -  193 words
    • 363 32  -  By RACHEL LIN ONE year after taking the plunge into open-source software, director of Mindefs chief information office Cheok Beng Teck has no regrets. Since installing Open Office last October, he's managed to'save a bundle and enhance security at the same time. Speaking
      363 words
    • 340 32  -  By RAJU CHELLAM THE global wireless industry will rea<% major landmark today when the nuinber of subscriber connections is expected to exceed two billion. That estimate comes from Wireless Intelligence, which is a venture between researcher Ovum and the GSMA (Global System
      340 words
    • 355 32 NYT [TOKYO] A Web-based database is being planned that would evaluate the quality of universities around the world under international standards and provide students with information to help them in their cross-border education plans. But the project, planned by the United Nations Educational, Scientific and
      NYT  -  355 words
    • 287 33 Reuters [LOS ANGELES] Hie Walt Disney Co said it will supply digital movies to a venture of Access Integrated Technologies Inc and Christie Digital Systems, becoming the first major studio to bade theatres. Access Integrated, or AIX, provides computer networking equipment to
      Reuters; FILE PHOTO  -  287 words
    • 582 33  -  It makes economical and technological sense as a significant majority of Siebel's implementations run on Oracle database, reports RAJU CHELLAM RAJU CHELLAM ORACLE Corp's recent acquisition of Siebel Systems Inc should benefit enterprise customers, software developers, and the business partners of both companies across Asia, according
      FILE PHOTO  -  582 words
    • <what's up>
      • 64 33 SAP Asia Pacific has announced the appointment of Derek Judge as its director of business development for its business analytics solution, SAP Analytics, in the region. Mr Judge's responsibilities will include growing the SAP Analytics business across the Asia Pacific region, including managing alliances and
        64 words
      • 65 33 SUN Microsystems has announced the opening of the Asia Pacific Sun Services Quality Institute (Sun SQI) in Singapore which is supported by the Singapore Economic Development Board. The SQI will focus on the development and training of product, technology, and solutions implementation. The institute's training and
        65 words
      • 60 33  -  Compiled by ROLAND LIM SINGTEL'S data centre in Japan has been awarded BS 7799 certification. The British Standard certification is a system which helps companies implement best practices in information asset and security management SingTel has two other data centres, one in Singapore and the
        60 words
    • 292 33 Power Edge 7250 and 3250 models no longer available on Dell website Bloomberg [SAN FRANCISCO] Dell Inc, the largest maker of personal computers, will stop making server computers based on Intel Corp's Itanium processor. Dell decided computers designed to run corporate databases based on
      Bloomberg  -  292 words
    • <what's new>
      • 98 34 DELL has launched its top-end projector, the Dell 5100MP. Featuring a 3,300 ANSI lumens brightness and a high 2,500:1 contrast ratio, the 5100MP is also capable of resolutions up to SXGA+ (1400x1050 pixels). Connectivity options include an RJ-45 network port, a high definition multimedia Interface
        98 words
      • 68 34 Nokia's 9300 and 9500 Communicator smartphones are now equipped with Blackßerry Connect, enabling them to work with Research In Motion's popular BlackBerry push e-mail service. Nokia 9300 and 9500 users can now get their e-mail via the BlackBerry Enterprise Server or BlackBerry Internet Service. Current owners of
        68 words
      • 90 34 HOMEGROWN iWOW Connections has released two new wireless communication modules for use in machines. The US$60 TR-800 GPRS/GSM module and the US$30 GP-JJ10 module are designed to enable machine-to-machine data communication for applications such as automated meter readings, online payments and fleet management. The modules are
        90 words
      • 112 34 STORAGE specialist Imation has released the padlock-shaped Imation Micro Hard Drive. The 2 GB portable storage device features a 0.85 inch hard drive, and is capable of withstanding shocks of up to 1.000 Gs. It has a USB 2.0 interface for zippier data transfers, and is
        112 words
      • 112 34 WITH a little more than a quarter left 0f2005, McAfee has released its 2006 security software offerings. They include the $59.90 McAfee Virus Scan 2006, which protects and removes viruses, spyware, wtfrms and Trojans from PCs; the $34.95 McAfee Personal Firewall Plus 2006 which prevents unsolicited access
        112 words
      • 93 34 MAPINFO has released Exponare v 2,4, its latest version of its map-enabled portal software. Exponare is able to consolidate disparate data across various systems into a single portal capable of presenting the information on maps, to enable users to see both spatial and non-spatial information. This
        93 words
      • 91 34 HEADSET specialist Plantronics has launched the CS6O, its latest wireless headset system designed to work with any corded telephones. Especially useful to users who need to type and talk simultaneously, the CS6O uses Digital Enhanced Cordless Telecommunications technology for operation up to 100 metres away from
        91 words
      • 98 34 SECURITY specialist Symantec has released Symantec Enterprise Security Manager (ESM) 6.5, which helps organisations to measure the compliance of information systems based on industry, regulatory and corporate security policies and standards. Symantec ESM scans all systems in the organisation regularly to ensure compliance with stringent regulatory standards such
        98 words
      • 95 34  -  Compiled by ROLAND LIM Samsung has added five new MP3 players to its line-up. Available now is the YH-J7O, a 20 GB ($579) or3o GB ($679) player capable of playing music videos; theYP-U1,a512 MB ($199) or 1 GB ($269) flash memory-based player; and the YP-TB, a
        95 words
    • 418 34  -  Promotion offer with annual subscription of hosted software solutions By ROLAND LIM LOCAL small and mediumsized enterprises (SMEs) looking for a comprehensive hosted business management software solution now have another alternative with California-based Netsuite Inc, which set up its Asia Pacific headquarters in
      418 words
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  • Page 33 Advertisements
    • 50 33 When information moves swiftly, your organisation can too with BT's networked IT services. A j i/V •jJUsW-- »J£. V V—t ,V fib- &lt;: &lt;&■ V' &gt;-&lt; I $&gt; I, V. :v V ,iv L rC\V r A w f "-,4 9 &gt;'■ \W v.V &gt; *&gt;' v iv' JK V
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    • 87 34 p Get Results With Oracle Applications l!; .-*1 .»i&gt; Oiiul&vUqo) BDO ni» n» fei n I "30% increase in plant capacity" &gt; '■'''•&gt;* .•'«?*&gt; &lt;fR&gt; IngersoHfland Y: J.." V 1 -if ijf it, I- jt:&gt;» 'ill rt' An|jhii'«if; H/" S^H(B(KifS(J^K2e IT"' 1 f '■•'&gt;■ LG.PHILIPS LCD p§ 't y w
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  • BizIT FOCUS: DOCUMENT MANAGEMENT
    • 1435 35  -  Knowledge is truly power in the digital age if you know how to organise your masses of data and manage them, says SEAMUS PHAN SEAMUS PHAN END me the invoice in PDF (porA table document format) please,' said the client in an engagement some
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    • 59 35 are to you control access, create an audit trail, retrieve by text whatever best suits your Fujitsu has helped scores of major banks, insurance companies, universities, medical 3HHK •ißßoy&rs&*organizations and MNCs with safe, reliable and efficient document management solutions. gafli And we're ready to help you. Fujitsu. It's just another
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    • 14 35 This series is brought to you by: Fujitsu Asia Pte Ltd Document Scanners Fuffrsu
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  • BizIT FOCUS: CEO'S NOTEBOOK
    • 1299 36  -  Craig Gledhill, Cisco Systems' MD for Singapore and Brunei, tells RAJU CHELLAM that hard work —not an MBA —can get you where you want to be RAJU CHELLAM HE'S a college dropout, but has MBAs working for him. He's an Australian national, but heads the Singapore and Brunei
      CHRIS LOH  -  1,299 words
    • 383 36 WHEN it comes to network computing including the biggest network of all, the Internet security is the single biggest worry, both for companies and individuals. A spate of viruses, worms, spyware and spam can hit you without your knowing it, steal your passwords, compromise your identity, and
      383 words
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    • 397 36 HP recommends Microsoft® Windows® XP Professional. TAMPER-PROOF. HACK-PROOF. FOOL-PROOF. TECHNOLOGY Get the ultimate in mobile security today with the HP Compaq nc6230 Notebook PC, powered by Intel* Centrino™ Mobile lechnology. In this information era, the loss of your data is tantamount to losing your business H advantage. This is mitigated
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