The Business Times, 3 April 2001

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Total Pages: 44
1 44 The Business Times
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  • Title Section
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    14 1 THE BUSINESS TIMES MITA (P) 107/03/2001 SINGAPORE Internet: http://business-times.asial.com.sg/ fUESDAY, APRIL 3, 2001 85C
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  • Article
    Lock icon MARKET SUMMARY
    81 1 sn 1,648J0 (-25.29) BT-SRI •7432 (-13.10) ST INDEX FDTUBES 1,***** (-24.00) SEMSCI FUTURES 20U0 (-3.20) STOCK MARKET INDICES Monday Change KLSE COMP 660.74 +126 NIKKEI 225 12,937.86 -61.84 HANG SENG 12,727JO -3334 SET INDEX 290.11 1.83 JAKARTA COMP ***** -6.02 MANILA COMP 1,439.05 -735 TAIPEI WPI 5,607.75 -190.17
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  • Article
    Lock icon FINANCE
    80 1 FOREX SATES us$ s$ US$ (S$ per USS) 1516 £(USS/SS per 1.416 2.571 EURO(US$/S$/E) 0.877 1.592 DM 2.231 1328 YEN 126.4. 69.60 RM 3.800 1092 HKS 7.799 4394 BAHT 45.18 24.87 HUFIAH 10,428 5,741 *S$ to 100 units PRIME KATES SINGAPORE* 5.80 KUALA LUMPUR 7.67 JAKARTA 39.00 BANGKOK 9.50
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  • Article, Illustration
    Lock icon Private home prices down 3.7% in Q1
    1036 1  -  HDB resale prices slide for the fonrth straight quarter, down 3% By] Marissa Chew [SINGAPORE] Private home prices fell for a second straight quarter by 3.7 per cent in the first three months of this year, even as resale public housing flat prices
    Source: URA, HDB  -  1,036 words
  • Article, Illustration
    Lock icon Grim tankan dashes hopes of swift Japanese recovery
    829 1  -  From, Anthony Rowley in Tokyo ANY lingering hopes that previously buoyant business sentiment and investment in Japan might have survived the plunge in the country's exports to the United States and Asia were dashed yesterday by the Bank of Japan's (BOJ) latest
    REUTERS  -  829 words
  • Article
    Lock icon Fraud squads give accounting firms a lift
    622 1  -  hiriexclusive Big Five firms here go big on forensic accounting By Anna Teo [SINGAPORE] New Economy, new crimes and new opportunities for accounting firms. Forensic accounting has come to Singapore, with just about every Big Five firms here having built up, in the
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      120 1 DfSTOE BT Comment Lee Han Shih on 'mark to market'. Pg 12 Top Stories 63-year-old Singapore woman detained by HK police over bid to cheat bank. Next Page Outlook for S'pore banks. Pg 4 Sing Tel hits new low of $1.80. Pg 9 8 id *>!«;*'! <1 HF yI Hr
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      24 1 Industrial space allocation down, Pg 10 Up or down? Give us your vote on how prices of private homes will move. Go to Mtprf/business-timos.asial.com.sg
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      6 1 Sold for $1.55 m Page 10
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      73 1 A S ill 1 £ft mistake v^'r Richard Li admitting his mistake in not correcting inaccurate reports about his Stanford degree Page 19 j Cable Wireless j> to iss'se convertible bonds 5 Next Page CAMPUS LIFE <1 -1% •V' 1 I.# i s-% if i F i* i 'w M"
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    • Article
      Lock icon Bid to cheat bank: S'pore woman among 6 held
      600 2  -  Fake custodial receipt wis allegedly used to shew grid reserves worth USs36usb From Audrey Tan in Hongkong A 63-year-old Singaporean woman has been detained by the Hongkong police over an attempt to use a fake custodial receipt to cheat a bank
      600 words
    • ON THE grapevine
      • Article
        Lock icon Shedding a tear... or two
        166 2 BARRON'S Alan Abelson says that Wall Street is now a "two-teared" market, a term which replaces the usual "two-tiered". He says: "For many years, when the bull was in the ascendancy, the phrase was 'two-tiered' and described two distinct tiers of the stock market—one occupied
        166 words
      • Article
        Lock icon Phone-y business
        138 2 A YOUNG man of our acquaintance relates a hair-raising experience he had while making the rounds of offices in downtown Singapore to sell subscriptions to Star Hub's mobile phone service. One 1 converted shophouse he entered had the usual open offices on the first and second floors but
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    • Article
      Lock icon C&W unveils plans for CyberWorks stake
      677 2  -  The firm will issue convertible bonds for its 14.7% share From! Audrey Tan in Hongkong THE issue of how Cable Wireless (C&W) will divest its Pacific Century CyberWorks shares may finally be settled, as C&W said yesterday that it will issue convertible bonds for
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    • Article
      Lock icon Sing$ falls below '98 crisis level
      455 2 At 1.8150 to the US$ it has lost more than 4% this year Reuters [SINGAPORE] The Singapore dollar buckled under 1.8150 to the US dollar yesterday, falling beyond lows last seen during the Asian financial crisis. It hit a low of 1.8165 in afternoon
      Reuters  -  455 words
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      301 2 Rffl UNIVERSITY OF -tt-NATIONAL UNIVERSITY VP SOUTH AUSTRALIA M OF IRELAND "Ranked Among Australia's Best Universities" "Ranked Top 9 Business School in Europe" MBA 1 BSc (Hons) Singapore 21st Make •30 April Register Now! Mc (Ho—) hfonaettoe UrtaoUp "Ranked Top 5 Distance MBA in Asia" by Asia Week BSC (Hon*)
      301 words
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      104 3 The first name in professional services. Since our founding in 1913 by Arthur Andersen, we have believed strongly in the idea of one firm. Integrated. Around the world. Across disciplines. Consulting. Assurance. Tax. Legal. Corporate Finance. Now, our firm will be known by one name. We will be known as,
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  • SINGAPORE companies
    • Article
      Lock icon Worst case of flat earnings seen for banks
      506 4  -  Poor loans growth and fall in fee-income businesses will affect them: analysts By Siow Li Sen TO say that Singapore banks will have a tough year is already passe with analysts caught up in the current fashion of revising earnings estimates downwards.
      506 words
    • Article
      Lock icon Alan Chan leaves DBS Group board
      90 4 ALAN Chan has stepped down from the board of DBS Group Holdings and DBS Bank from April 1 following the expiry of his second three-year term. Mr Chan, 48, also has stepped down from the audit committee on the same day, the group announced
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    • Article
      Lock icon 20% chip sale fall? Won't be: S'pore analysts
      527 4  -  Shares hit after US analysts'downward revisions for sector Byl Andrew Wee ANALYSTS in Singapore yesterday disagreed with forecasts from the US that global semiconductor chip sales would plunge by as much as 20 per cent this year. ABN Amro analyst David Wu
      527 words
    • Article, Illustration
      Lock icon It's local fare on TV Works' prime Mon-Thur slots
      514 4  -  It'swhatS'iwre viewers want, says Media Works'CEO By Teh Hooi Ling IN a bold move to offer what Singapore viewers want, SPH Media Works' English channel TV Works will air only local productions on Mondays to Thursdays during the prime time belt
      FILE PHOTOS  -  514 words
    • Article
      Lock icon Panpac finally shuts down AsiaStockWatch.com
      352 4  -  By I Serena Ng FINANCIAL portal AsiaStock Watch.com has finally been shut down by its parent Panpac Media.com after negotiations with a prospective buyer fell through. In a statement to the Singapore Exchange, Panpac said AsiaStockWatch had ceased operations in Singapore and Malaysia yesterday evening,
      352 words
    • Article
      Lock icon Cash-rich F&N looks tempting to predators
      548 4  -  HocKimmmu angela tan POR the management of diversified soft drinks and property company Fraser Neave (F&N), this is no time to rest on their laurels. The company, whose crown jewels include Asia Pacific Breweries, maker of Tiger Beer and Anchor, is looking vulnerable to
      548 words
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      487 4 5 WT— '^"TW ¥j .sir xSt^ f^CBm T ERHOUsB(OOPERS Transfer pricing refers to inter-company pricing arrangements (for goods and services) established between related business entities. With globalisation and the opening of new markets, cross-border inter-company transactions are growing rapidly and are becoming much more complex. As transfer pricing affects the
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Berjaya wrts: for the die-hard
      184 6  -  WARRANT WATCH By 1 R Sivanithy WE have featured the Berjaya Group's warrants in this column previously but never did we suspect they would collapse as badly as they have. Still, at just nine sen or less than five Singapore cents per warrant, they must
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    • Article, Illustration
      Lock icon SembCorp looks poised for recovery
      234 6  -  HOT STOCK By Serena Ng THE stock of conglomerate SembCorp Industries has had a volatile ride in the past weeks but now looks likely to recover some ground. The counter finished nine cents lower at $1.54 yesterday on moderately active volume of 3.2 million shares.
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    • Article, Illustration
      Lock icon Market pulls back ahead of expected US profit warnings
      628 6  -  I:l I comment STOCKS r. sivanithy WITHOUT the benefit of win-dow-dressing or short-covering to shore it up, the Straits Times Index sank 25.29 points to 1,648.90 yesterday, with key blue chips Singapore Telecom and Capita Land sliding to all-time lows. All
      628 words
    • Article
      Lock icon Yen slides to 30-month low
      449 6 Investors sell dne to plunge in business confidence revealed in BOJ report AFP THE yen fell to a 30-month low against the US dollar in Tokyo yesterday as investors sold the currency due to the plunge in business confidence revealed in the Bank of Japan's
      AFP  -  449 words
    • Article
      Lock icon Untitled
      337 6 Stocks Volume SingTel 15c 22,079,000 Chart Semiconductor 26c 7,486,000 Integra 5c 6,599,000 Strike Engg 5c 6,112,000 Lankom US2c 5,934,000 GES Irrtl Ltd 20c 5,340,000 Omni Ind 10c 4,724,000 ST Engg 10c 4,701,000 PCI 25c 4,416,000 Golden Agri USIOc 4,274,000 Stocks SingTel 15c 40,465,260 Chart Semiconductor 26c 31,504,000 DBSGrp 17,282,645 OCBC
      337 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    2609 6 UNIT TRUSTS FUNDS Manager's prices (Ss): Apr 3 Aberdeen Asset Mgt Asia Ltd Aberdeen Select Portfolio: Global MNC Fd 0.732 0.769 Global Technology Fd!** 0.587 0.617 UK Blue Chip Fd!** 0.749 0.787 American Opport Fd 0.811 0.853 ContEuroEqtyFd!** 1.037 1.090 Japan EqtyFd!** 1.158 1.217 Asian Fixed Income Fd 1.086 1.119
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      31 6 EXECUTIVE ITE Get up-to-date on the property market, and look out for our new weekly legal matters column, interior decor, architecture and gardening stories. %Jr ,n The Business Times every Thursday.
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      466 7 To attempt the adventurejr You are no less Di mata kami, anda masih grand slam b brave, lllJA,£&slfotilsslTlift!ii a hero for choosing wisdom seorang yang berketrampilan in this sport is braver o over recklessness. 99 menjadi warga yang decision to abortmiMpon bersifat pro-aktif dancekal.^ of such nature is the bravest.
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      63 8 E o 0 CO JD <b SI u to "O 1 :^H Where is the next opportunity? CEO Company Fresh ideas. Leading to results.™* Deutsche Bank IZI O) c T5 C CD Q. C o 0 1 Making opportunities happen. ID E 8 "O f L Sales Trading L investment
      63 words
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  • SINGAPORE companies
    • Article, Illustration
      Lock icon SingTel shares dive 5% to new low of $1.80
      533 9  -  Despite loss of 26% in six trading days, analysts say it's still not time to boy By 1 Teh Hooi Ling SINGAPORE Telecommunications shares continued its descent, falling 10 cents or 5 per cent to a new low of $1.80 yesterday.
      FILE PHOTO  -  533 words
    • Article
      Lock icon Want Want hits year-high on earnings, currency play
      277 9 Reuters SHARES of Taiwanese rice cracker maker Want Want Holdings rose to a new yearhigh of US$l.2B yesterday afternoon, defying bearishness in the broader market on its earnings potential and US dollar denomination. The stock closed up nine cents at US$l.27 on
      Reuters  -  277 words
    • Article
      Lock icon Optus signs A$900m supply deal with Nokia
      487 9 Move to develop 36 networks is folly supported by Sing Tel Reuters [SYDNEY] Australia's second largest telco, Cable Wireless Optus Ltd (CWO), said yesterday it has signed a supply deal with Finnish telecoms equipment maker Nokia, expected to be worth As9oo million (Ss7B9
      Reuters  -  487 words
    • Article
      Lock icon Penton Int'l gets mainboard listing nod
      148 9 PENTON International announced yesterday that it has received in-principle approval for listing on the mainboard of the Singapore Exchange. Specialising in the manufacture and design of plastic injection moulds, Penton supplies moulds for the production of computer hardware, home appliances and electronic circuit boards.
      148 words
    • Article
      Lock icon SembCorp weighs financing options
      320 9 Convertible bonds being considered, say sources Reuters [SINGAPORE] Utilities conglomerate SembCorp Industries Ltd is evaluating various financing options, including a convertible bond issue, after it scrapped its share placement plan late last week, stockbroking sources said yesterday. "We are evaluating all financing options SembCorp has the
      Reuters  -  320 words
    • Article
      Lock icon Semb Marine buys shipyard stake
      162 9 Reuters SEMBCORP Marine Ltd, Singapore's largest ship repairer, yesterday said it acquired a 50 per cent stake in Singaporebased PPL Shipyard Pte Ltd for $16 million. The purchase would be financed through internal funds, it said in statement to the Singapore Exchange. PPL is involved
      Reuters  -  162 words
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      952 9 A comprehensive look into Accounting for Stock Option Plans in Accounting. Don has served many companies doing business and other Share-based Compensation arrangements, under current in various industries in his seven years with the Firm, including and proposed trends in Singapore and Financial Accounting real estate development, manufacturing and retail.
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  • SINGAPORE news
    • Article
      Lock icon Electricity tariffs down by up to 13.4% from May 1
      342 10  -  Power Supply passing on savings from lower costs to consumers Reports by Rachel Ong FROM May 1, Power Supply will cut electricity tariffs for all customers, the Singapore Power subsidiary said yester- day. Tariffs have been lowered across the board.
      342 words
    • Article
      Lock icon SP keeps AAA rating despite divestments
      253 10 S&P says transfer of generating assets improves risk profile SINGAPORE Power's (SP) divestment of its two electricity generating businesses and associated capital restructuring will not affect the company's triple-A rating or its outlook, says Standard and Poor's (S&P). On April 1, Singapore Power transferred
      253 words
    • Article, Illustration
      Lock icon Ascendas, US group in property venture
      336 10  -  Teh Hooi Ling ASCENDAS Pte Ltd, the new-ly-merged entity between Arcasia Land and JTC International's (JTCi) Business Parks and Facilities Group, announced yesterday that it has entered into a joint venture with a US company to build and manage a series of telecom real
      FILE PHOTO  -  336 words
    • Article
      Lock icon IP growth agency launched
      333 10  -  By] Eugene Low THE Intellectual Property Office (Ipos), a new statutory board under the Ministry of Law, should become less of a regulatory authority and more of an economic promotion agency over time, Law Minister S Jayakumar said. Speaking at the launch of Ipos yesterday, the
      333 words
    • Article, Illustration
      Lock icon Industrial space allocation down
      294 10  -  the economy industrial space By\ Marissa Chew JTC Corporation yesterday said net allocation of ready-built industrial space reached 35,300 square metres in the first quarter, its lowest since the first quarter of last year. The figures came from JTC Corp's flash estimates, its first ever. The
      Source: JTC Corp  -  294 words
    • Article
      Lock icon Barry Desker takes charge as SIF chairman
      226 10  -  Byi Adeline Chuah BARRY Desker has taken over as chairman of the board of governors of the Singapore International Foundation (SIF) from April 1. He succeeds Lee Seng Wee, who has served a decade at the helm. Mr Desker will expand on the
      226 words
    • Article, Illustration
      Lock icon Takings at 2 art auctions hit $9.3m
      492 10  -  Byi Corinne Kerk THE weekend's auction of South-east Asian paintings has been a happy affair, with Sotheby's and Christie's taking in combined sales of $9.3 million, including buyer's premium. At Sotheby's auction, sales hit nearly $4.9 million, representing 90 per cent sales by
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    • Article, Illustration
      Lock icon Singapore's top pathologist just keeps going
      477 10  -  By Eugene Low HE may have just turned 80, but the National University of Singapore's (NUS) emeritus professor K Shanmugaratnam keeps up a level of activity that would put younger men to shame. The octogenarian a prominent member of Singapore's medical community celebrated his
      RICHARD CHNG  -  477 words
    • Article
      Lock icon Don't members' interests count?
      140 11  -  mail rem Woon Geok Pek David, Singapore, via Internet WHEN feuding parties make out-of-court settlements, do they get off the hook from the tax authorities? The Raffles Town Club case has unveiled new issues that need addressing by governmental regulatory bodies. Half a billion dollars were
      140 words
    • Article
      Lock icon Meeting customer needs a top priority: Citibank
      273 11  -  Eddie Khoo, Business Director, Deposits, Investments and Insurance, Citibank, NA, Global Consumer Banking I REFER to the letter "Citibank personal banker not sufficiently trained" by Lim Yuat Peng (Mailbag, March 27). Meeting customer needs is and remains a top priority at Citibank. As
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    • Article
      Lock icon Various types of 3G bidding considered
      113 11  -  Dulcie Chan Senior Manager, Corporate Communications Infocomm Development Authority of Singapore (IDA) I REFER to the letter "Consider a different approach to 3G bidding" by Lee Khai Cheong (Mailbag, March 30). The various suggestions raised by Mr Lee were earlier considered by IDA before
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    • Article, Illustration
      Lock icon RTC row: court battle continues
      512 11  -  Bid for out-of-court settlement again foils By\ Ling Su Ann EUROPA Holdings (EH) chairman Lawrence Ang continued to be grilled in court yesterday as out-of-court attempts to settle the bitter Raffles Town Club (RTC) dispute failed once again. Senior Counsel Davinder Singh, acting for plaintiff
      FILE PHOTO  -  512 words
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      80 11 We welcome letters. E-mail us at btletter@sph.com.sg or fax us at *****71, or write to: The Business Times, Times House, 390 Kim Seng Road, Singapore *****5. We need your full name, address and telephone number, so we can verify it came from you. Please use temperate language, and bear in
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      333 11 See Mailbag generation business Mow, you can enjoy powerful e-business solutions at great prices with our special hardware bundle. At IBM, we understand the needs of small business. And we have the total solutions to back our commitment. Take the xSeries 200. It's the most affordable server for your business,
      333 words
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  • FOCUS property
    • Article, Illustration
      Lock icon The bane of developers
      700 12  -  II comment PROPERTY It wont be a pretty slKlit when they mark the vaJne of thatr pfopai-tiM to market thte yoar lee han shih WHAT are the three words that will send a shiver down the spine of developers and landlords? "Mark to market". An accounting
      FILE PHOTO  -  700 words
    • Article, Illustration
      Lock icon US, EU funds still keen on Asia
      445 12  -  Bat high return target rales out S'pore in favour of North-east Asia, says specialist By] Marissa Chew DESPITE the gloom in the US over the economic slowdown, American and European investment funds are still interested in parking money in Asian property, corporate real
      REUTERS  -  445 words
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      491 12 Jones Lang VsW LaSalle. Industrial Redevelopment Site at Site Area: 54,451 sq ft approx Zoned 'General Industry', PR 2.5 Easy accessibility via West Coast Highway and Ayer Rajah Expressway Close proximity to Pasir Panjang Terminal Potential gross floor area of 136,127 sq ft approx. FOR SALE BY TENDER Closing Date:
      491 words
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      196 12 Al I U551,000,000,000 Caisse Centrale du Credit Immobilier de France 3CIF Floating Rate Notes due 2004 For the period from March 30, 2001 to June 29, 2001, the Notes will carry an interest rate of 4.*****0% per annum with an interest amount of U*****.19 per US$lO,OOO Note and of U551,251.88
      196 words
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      178 12 l Wu.Q<w*g\^\ I c gT 6 00 N l 1"* Zj\ 4f A II l-l"" industrial Estate > CUpoxt 1 \o\ I Ind Comptttx —""77c 2 f.. 1 Neighbourhood VfrX \i-\ s c r v I l*£?SB so®—\ v'X I Mi \<\ I 3 j V\ I Ibl^^\^1 b I^^\^"
      178 words
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  • New Asia Biz Woman
    • Article, Illustration
      Lock icon Beri, fashion's next 'It Girl'?
      913 13 Marketing whiz Moufarrige is convinced of the Indian designer's potential Reuters [PARIS] WHEN the fashion mogul who made a star of Stella McCartney selects you as his new protegee, it must feel as if the gods are smiling on you. That, at least, is the
      Reuters; REUTERS; AFP  -  913 words
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      63 13 lis *V> 1 v /:> r 4: Your guide to all the good food in Singapore! I|r| -A K i Grab your copy at: BUZZ Kiosks BP Caltex Esso Mobil Shell SPC Borders Carrefour Giant NTUC Fair Price NTUC Food Fare NTUC Cheers Shop N Save 7-Eleven Cold Storage Times
      63 words
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon US stands to lose its moral authority
      717 14  -  OPINION ■i:i=i I bottom line g panicker The writer is a journalist with BT's Foreign Desk YEARS of hard work on the problem of global warming have been undone. President George W Bush, guided by narrow US political interests, has just buried the
      717 words
    • Article
      Lock icon IN OTHER WORDS
      154 14 The airline business from the time of Wilbur and Orville Wright through 1991 made zero money, net If capitalists had been present at Kitty Hawk when the Wright brothers' plane first took off, they should have shot it down.' Warren Bnnett the billionaire investor, who has sworn
      154 words
    • Article
      Lock icon Settle the Indon oil palm deal
      602 14 EDITORIAL IT was hailed as the second largest deal of the year for the Indonesian Bank Restructuring Agency (Ibra). But five months after Malaysia's Kumpulan Guthrie agreed to pay US$36O million (Ss64B million) for 25 oil palm plantation firms, the deal has yet to
      602 words
    • Article, Illustration
      Lock icon Changed times call for innovative policies
      958 14  -  With the American locomotive spattering and the Japanese locomotive dormant, recovery hopes are being pinned on the Euroland locomotive By] Paul Samuelson The writer is a professor of economics at the Massachusetts Institute of Technology LATWP THE New Economy technology bubble since March 2000
      LATWP; REUTERS  -  958 words
    • Article
      Lock icon The case of the levitating dollar
      760 14  -  COMMENTARY It's a good bet that the era of the strong dollar will soon come to an end By Paul Krugman The writer is a professor of economics at Princeton University NYT EVERYTHING about the US economy is down lately: manufacturing production, overall growth
      NYT  -  760 words
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  • MALAYSIA news
    • Article
      Lock icon GIC stays a big investor in M'sia, despite cutting stakes
      603 15  -  nTT exclusive Listed assets and properties estimated at RMB7Om From Eddie Toh in Kuala Lumpur THE Government of Singapore Investment Corporation (GIC) remains one of the largest investors in Malaysian companies although it has reduced its exposure to the tech
      603 words
    • Article, Illustration
      Lock icon Watchdog probes dealers over index surge: report
      264 15 KUALA LUMPUR Dealers from 3 brokerages said to have been quizzed over March 21 rally AP MALAYSIA'S financial industry watchdog has questioned dealers from three stockbroking firms over transactions conducted on March 21, when the benchmark Composite Index rose about 2 per cent
      AP  -  264 words
    • Article
      Lock icon Earnings fears a drag on KL stocks in first quarter
      498 15 KUALALUMPUR 73 coulters in 100-stock benchmark index fell during the period Reuters MALAYSIA'S Composite Index saw 73 stocks out of the 100-stock benchmark fall during the first quarter, plagued by concerns about sluggish corporate profits in a more difficult economic
      Reuters  -  498 words
    • Article
      Lock icon M'sia, S'pore to explore further use of smart cards
      261 15 Bernama [PUTRAJAYA] Malaysia and Singapore yesterday agreed to explore further the possibility of adopting the smart card to ease immigration clearance and inter-country travel for their citizens. Deputy Prime Minister Abdullah Ahmad Badawi disclosed this to reporters after chairing a MalaysiaSingapore
      Bernama  -  261 words
    • Article
      Lock icon Khazanah 'not under' govt pressure
      180 15 KUALALUMPUR AFX-Asia KHAZANAH Nasional Bhd is not under government pressure and is not involved in the bailout of financiallytroubled companies as often accused, managing director and chief executive Mohd Sheriff Mohd Kassim said. He said Khazanah carries out extensive research and strategic impact studies prior
      AFX-Asia  -  180 words
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      187 15 A U«i*er»ity y of Michigan ;i sSI i" pf Enlightening. Inspiring. That's just the courses. Wait until you meet the faculty. Hong Kong jWL > Competitive Marketing: Strategy Tactics May 7-11,2001 > Finance tor the Non-financial Manager May 7-11,2001 Mr k .TK 7 > Advanced Finance tor the Non-financial May
      187 words
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  • REGIONAL news
    • Article
      Lock icon Ibra denies report key officials plan to resign
      341 16 JAKARTA Bat sources say deputy chief Somantri has sent in resignation letter Reuters INDONESIA'S Bank Restructuring Agency (Ibra) yesterday rejected a local newspaper report that key officials, including the agency's chief, planned to resign. But it confirmed however, one senior executive planned
      Reuters  -  341 words
    • Article
      Lock icon Indon inflation hits 10.6% in March
      433 16 JAKARTA Rises in fnel prices, phone tariffs will pnsh rate above 7% targeted for yean bnrean Bloomberg, Reuters INDONESIAN inflation accelerated in March as political tensions weakened the rupiah, raising the prices of imported goods. The consumer price index rose 10.6 per cent from
      Bloomberg,; Reuters  -  433 words
    • Article, Illustration
      Lock icon Analysts sceptical of Thaksin's stimulus
      429 17 BANGKOK The package to be nn veiled today may only have short-term impact, they say Reuters THAILAND'S government will announce an economic stimulus package today, but analysts are sceptical the measures will be enough to kick-start the country's faltering economic growth. Prime Minister Thaksin Shinawatra
      Reuters  -  429 words
    • Article
      Lock icon PTT, Internet Thailand to be listed by year-end
      145 17 Reuters [BANGKOK] The Petroleum Authority of Thailand (PTT) and Internet Thailand will be the first state-run enterprises to go to market under a three-year privatisation plan, the Business Day reported yesterday. It quoted a finance ministry source as saying PTT and Internet
      Reuters  -  145 words
    • Article
      Lock icon China to break up power giant
      390 19 BEIJING Raft of regional power company listings foreseeable: official Reuters, AFX-Asia CHINA will break up its state-owned power behemoth in an ongoing bid to spur competition and to offload government shareholdings in the sector, the official China Daily newspaper said yesterday. State Power Corp
      Reuters,; AFX-Asia  -  390 words
    • Article, Illustration
      Lock icon My 'Stanford degree'? No big deal: Richard Li
      411 19  -  Fromi Audrey Tan in Hongkong RICHARD Li, executive chairman of Pacific Century CyberWorks, yesterday admitted that he had made a mistake in not correcting the inaccurate reports about his "Stanford degree", but stopped short of explaining why he did not do so.
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        Lock icon Three HK insurers technically insolvent
        70 19 AFP [HONGKONG] Hongkong's insurance authority yesterday said it had taken control of three insurers after the collapse of their Australian parent. Insurance commissioner Benjamin Tang appointed Peter Whalley and Jan Blaauw of PricewaterhouseCoopers as managers of the three insurers: HIH Insurance (Asia), HIH Casualty and
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        Lock icon China tax revenue up 30.9% in Q1
        51 19 AFP [SHANGHAI] China's tax revenue surged 30.9 per cent year-on-year in the first quarter of2ool to hit 305.83 billion yuan (5566.2 billion), the China Securities News reported yesterday. Tax revenue jumped by 72.12 billion yuan from the same period last year, it reported.
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        Lock icon Manila may scrap projects to cut deficit
        79 19 AFP [MANILA] Philippine President Gloria Arroyo yesterday said her government may scrap some foreign-funded projects to control a widening Budget deficit and foreign debt. Manila is to consult the providers of official development aid (ODA) before cancelling projects funded with ODA loans "whose
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        Lock icon Gudang Garam profit down 1.8%
        65 19 Bloomberg [JAKARTA] Gudang Garam, Indonesia's largest cigarette maker, said its profit for 2000 fell 1.8 per cent on foreign exchange losses and higher sales costs. The producer oikretek clove cigarettes booked a profit of 2.24 trillion rupiah (*****.8 million), or 1,166 rupiah a share, compared
        Bloomberg  -  65 words
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      Lock icon Amien says Gus Dur must go
      579 19 He questions Indon president's wisdom and honesty AP [JAKARTA] The speaker of Indonesia's top legislative assembly yesterday said President Abdurrahman Wahid should quit, accusing him of being stupid, corrupt and of leading the nation to ruin. Mr Abdurrahman's 17 months as Indonesia's first democratically
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      Lock icon India's suspended lax chief arrested
      261 19 NEW DELHI He is accused of taking millions in bribes; his son and partners also held AFP FEDERAL Indian detectives yesterday arrested BP Verma, the suspended chairman of the Central Board of Excise and Customs, on bribery charges. Along with Verma, the Central Bureau of
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      Lock icon Arroyo seeks to oust Estrada appointees
      233 19 MANILA AFP PRESIDENT Gloria Arroyo yesterday filed suit to have a brother-in-law and four friends of her deposed predecessor Joseph Estrada booted out from the 15-member board of top Philippine brewer San Miguel Corp. While the move will not upset the ownership structure of
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      1353 16 CEI Contract Manufacturing Limited (Incorporated in the Republic of Singapore) Notice of Annuol General Meeting NOTICE IS HEREBY GIVEN that the 2nd Annual General Meeting of CEI CONTRACT MANUFACTURING LIMITED ("the Company") will be held at Meeting Room 320, 3rd Level, Singapore International Convention Exhibition Centre, 1 Raffles Boulevard, Suntec
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      573 16 T rc J% CEI CONTRACT MANUFACTURING LIMITED (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an EXTRAORDINARY GENERAL MEETING of the Company will be held at Meeting Room 320, 3 rd Level, Singapore International Convention Exhibition Centre, 1 Raffles Boulevard, Suntec City,
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      363 18 M>p V I *Bp 1 pflPj 11 BI Kl ki rm l.tf Jfl ***** r;^^^'^f^^^aMf^^MM^HHßw^^MM^^^BßßiMß^^^B liyUli A| >■ Ns^f !r -^^~1 11 a] ill 1111^^T1 ■11 i>y* 1 1 1 111 1 JLtSX 3 wpr B 818 "nil B* 1 JM I MI B 1' H ht^j Unleash the power
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      147 19 sti musm Eutmas With STI and SiMSCI futures, you can take full advantage of any price movements of the Singapore stock market. 1 As we all know, you can make a profit when the market goes up. (a bullish market) but with futures trading IliflHHH you can also profit when
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  • e-NEWS
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      Lock icon Telstra in talks with China Unicom: report
      192 20 SYDNEY Bloomberg TELSTRA Corp, Australia's largest phone company, is negotiating with China Unicom Group to help it build a wireless network covering more than 200 Chinese cities, The Australian newspaper reported, citing Dick Simpson, Telstra's newly appointed head of international operations. "The story
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      Lock icon Swisscom sells 25% of mobile ops to Vodafone
      556 20 ZURICH The deal worth 4.5b Swiss francs makes the group a cash-rich telco in Europe Reuters TELECOMS group Swisscom AG has sold a 25 per cent stake in its Swiss mobile operations to Vodafone Group for 4.5 billion Swiss francs (554.7 billion).
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      Lock icon Hutchison 3G takes £3.6b loan to fund high-speed service
      275 20 HONGKONG UK-based telco signs equipment supply deals with Nokia, NEC Bloomberg HUTCHISON 3G Ltd, the UK-based telecommunications unit of Hongkong tycoon Li KaShing's Hutchison Whampoa Ltd, said it borrowed £3.6 billion (559.2 billion) to fund its high-speed wireless service. The company
      Bloomberg  -  275 words
    • E Briefs
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        Lock icon BritTel eyes 3G tie-up with Vodafone
        118 20 AFX [LONDON] British Telecommunications wants to team up with Vodafone Group to share the costs of building their third generation mobile phone networks in the UK, the Observer reported, citing an unnamed Brit Tel insider. Telecom experts say a partnership could save the firms
        AFX  -  118 words
      • Article
        Lock icon More than 75 dotcoms fold in Bangalore
        97 20 AFP [BANGALORE] More than 75 dotcom companies have closed shop in India's IT capital, Bangalore, over the past six months, an official in the Information Technology department said yesterday. "These companies (the dotcoms) cropped up everywhere and did not realise the consumer was
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        Lock icon Dancing with the robot
        47 20 AFP [TOKYO] Asimo, a hwnanoid robot produced by Japan's car giant Honda, stepping forward to perform a dance at the company's showroom in Tokyo on Sunday. The Asimo, 1.2 metre in height and weighing 43kg, walked smoothly and danced as guests applauded. —AFP
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        Lock icon Toshiba, NEC in space business venture
        88 20 AFP [TOKYO] NEC and Toshiba Corp said yesterday that they have established a joint venture company for space business. NEC Toshiba Space Systems Ltd will start operations in October, they said in a joint statement. With a total capital of 3.5 billion yen (5550.3
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      • Article
        Lock icon AMD starts selling 900MHz Durons
        77 20 Bloomberg [SUNNYVALE, California] Advanced Micro Devices Inc, Intel Corp's top rival in the market for personal-computer processors, said it started selling faster chips for cheap PCs as competition for consumer customers heats up. The new Durons run at 900 megahertz, compared with today's top 850
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        Lock icon Microsoft in software piracy crackdown
        134 20 Reuters [LONDON] Microsoft Corp, the world's leading software supplier, said yesterday that it had led an eight-month crackdown on Internet software pirates it said were using illegal software to fund drug-running and terrorism. Microsoft's Europe, Middle East and Africa division said in a statement it
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      Lock icon US computer services firm EDS to buy Systematics
      303 20 FRANKFURT USss7om deal will enable it to double its German revenue Bloomberg ELECTRONIC Data Systems Corp, the No 2 US computer services provider, agreed to buy Systematics for US$57O million (551.03 billion) to double its German revenue. It's the biggest foreign purchase
      Bloomberg  -  303 words
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      320 20 STATE-OF -THE-ART WINE CELLARS Made in France Transtherm, state of the art wine tfEZSfcjsijjfl cellars made to provide optimum storage conditions for your wines. SUDING SHELVES: Made of beech wood to resist decay moulded to hold all traditional bottles. PERFECT INSULATION: 3 layers of insulation to ensure a vibration-free environment
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      128 20 projecteyeball. CR 9&»E§ comes to movies, Michael Dwyer says, look Down Under for the choicest cuts. Our JBL bona fide Aussie from the land of the rising "T" II barbee shows us in this morning's issue of I f"| r" Project Eyeball what we really should be mT watching and
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  • WORLD news
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      Lock icon Bush demands safe return of spy plane and crew
      645 21 WASHINGTON Three US Navy destroyers to stay near Hainan; situation likely to escalate further AP, Reuters PRESIDENT George W Bush yesterday demanded the "prompt and safe return" of the 24 crew members of a US spy plane that made an emergency
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      Lock icon US court slaps price fixing injunction on Opec
      270 21 NEW YORK Reuters A US federal court has granted a one-year injunction barring oil producer group Opec from fixing prices, court documents showed. Prewitt Enterprises won a civil anti-trust case in an Alabama court, accusing the Organisation of the Petroleum Exporting Countries
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      Lock icon Ailing US manufacturing sector improves in March
      313 21 NEW YORK Rise in NAPM index raises hopes that industry may be headed for recovery Reuters A CLOSELY watched barometer of the US manufacturing sector rose for a second straight month in March, raising hopes that the reces-sion-hit US industry may be headed
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      Lock icon UK elections put off to June 7 in national interest says Blair
      346 21  -  Foot-and-month will cost Britain £9b, cnt 1% growth: report From Neil Behrmann in London THE foot-and-mouth epidemic has forced UK Prime Minister Tony Blair to postpone general elections to June 7 instead of his preferred date of May
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      Lock icon Amex warns of 18% fall in Q1 profit from huge write-offs
      266 21 NEW YORK Reuters FINANCIAL services company American Express Co yesterday warned its first-quarter earnings would fall 18 per cent from a year ago to reflect US$lB5 mUlion (Ss33l miUion) in pre-tax losses from the sale and write-off of high-yield
      Reuters  -  266 words
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      Lock icon US won't put up with weak yen if Tokyo sits on its NPLs: report
      482 21 TOKYO If Japan talks down its currency instead of adopting reforms, US will make its displeasure known Reuters THE administration of US President George W Bush has decided it will not put up with an ever-weaker
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      Lock icon Exxon Mobil ends GM's 15-year Fortune 500 reign
      771 22 NEW YORK 6M slips to 3rd spot; energy firms fore well as product prices surge AP SURGING energy prices in the US gave oil, gas and power companies new fuel in their ascension of the annual Fortune 500. Oil giant Exxon Mobil
      AP  -  771 words
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      Lock icon Munich Re offers to buy rest of Ergo
      352 22 MUNICH The 43b euro deal is meant to improve its position in the primary insurance business Bloomberg MUNICH Re offered to buy the third it doesn't own of Ergo Versicherungsgruppe AG, Germany's No 2 insurer, for about 4.3 billion euros (Ss6.B billion)
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      Lock icon What hard times mean for the seriously rich
      898 22 The poor dears have to do without flower arrangers for dinner parties, laundresses, and horrors they have to serve guests cheaper wine NYT [NEW YORK] YES, the rich do feel something when the stock market gallops south, but it would be imprecise
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      Lock icon Japan could see 'double-dip' recession: Mr Yen
      704 22 TOKYO IHT DESPITE recent government attempts to put a positive spin on Japan's economic outlook, the world's secondlargest economy could face a painful "double-dip" recession, Eisuke Sakakibara, a senior economist, warned over the weekend. Known as "Mr Yen" by the foreign-exchange dealers over
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      Lock icon Aussie business blames GST amid dip in confidence
      307 22 UCANBERRA Bloomberg AUSTRALIAN business confidence has slumped to its lowest level in four years, with companies blaming the government's new value-added tax system for the slowing economy, a survey has found. The Australian Chamber of Commerce and Industry quarterly survey of 200
      Bloomberg  -  307 words
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      269 21 I PRECISION SURFACE TECHNOLOGY II No. 8 Chia Ping Road #07-19/20 Jurong Industrial Estate Singapore *****3 II (A Joint Venture Company with Bekaert Dymonics of Belgium) I VlffllWroud I® HI II M QUALITY m MANAGCMfWT II Certificate No.: *****7 II W m, j^|[p||pjj||||||j)|^|||j||||j|p|jjj)pg|||^||jjp|jp|p^p||pj EBv I I would like to take
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  • FINANCE & commodities
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      Lock icon April contract falls 1.4%
      262 23  -  SGX Derivatives Trading Report ST Index/MS&STpore Index Wong Ann Chuen Refco (Singapore) Pte Ltd THE Singapore stock market dropped yesterday, as investors are still reacting to earnings disappointments on Wall Street. The benchmark Straits Times Index shed 25.29 points or 1.51 per cent to close at
      262 words
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      Lock icon Futures end lower on gloomy outlook
      237 23 MSCI Taiwan Index THE Taiwan stock market fell on bearish sentiment plaguing the region. The MSCI Taiwan stock index shed 8.79 points, or 3.38 per cent to finish at 251.51 points. Turnover for Taiwan stock index decreased to 616.24 million with zero counters up,
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      Lock icon CURRENCY REPORT
      199 23 Reuters London THE US dollar pulled back from 30-month highs against the yen yesterday as traders grew wary over whether international authorities would tolerate further yen weakness. The dollar's retreat also allowed the euro to recover from earlier 3'/i month lows, despite evidence of a further slowdown in
      Reuters  -  199 words
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      Lock icon Untitled
      1197 23 MTBKBAMKOOSSKATBS 2 5S5 if! Ffr 9m HK$ Yw Ww Mi IBINfcb Hm S$ KK SHr WT$ Pa—4 US$ us^f kl 0762 4.010 0-551 3.615 1078 1768 22.*****.380 0.610 4506 1836 *****9.*****037 0.878 1887 0441 6.910 ***** 0.341 0483 W 0-S 4.742 MM 4.942 29.*****.074 OJOI 4533 2.408 1595 38.818 *****
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      1883 23 alCOM FUTUKES Apr 2 RUBBER (futures closing as at 5.30pm) RSS1 CONTRACTUS cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest May 01 KM.OO 400 Jun 01 105.50 800 Jul 01 106.00 250 Aug 01 106.50 250 RSS 3 CONTRACT (US cents/kg) Volume Open Month High Low Sett (tonnes)
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  • STOCKS east asia
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      Lock icon HK investors stay cautious ahead of US job data this week
      2834 24 HOmSEOMG AFP CI Hang Seng -3134 HONGKONG share prices fell 0.3 per cent yesterday on selective profit-taking amid lack of fresh incentives, dealers said. The key Hang Seng Index lost 33.34 points to close at 12,727.30 on turnover of
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    • Article
      Lock icon Tokyo ends off lows alter fall over tankan
      2052 24 TOKYO AFP Nikkei 225 -6L84 SHARE prices in Tokyo dipped a modest 0.5 per cent yesterday with losses capped by hopes for the government's marketsupport measures, brokers said. The Tokyo Stock Exchange's Nikkei Average closed down 61.84 points at 12,937.86. The Topix
      AFP  -  2,052 words
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      Lock icon CHINA
      1093 24 AFP F1 Shenzhen Blades +2AM CHINA'S Shenzhen B Index closed up 24.69, or 0.68 per cent, at 338.68 yesterday, well off an intraday high of 351.49. Turnover rose to HK53.69 billion from an already heavy HK$3.5l billion on Friday. Shanghai B shares closed 2.1 per cent higher at a
      AFP; Source: Credit Lyonnsis Securities(Asia) Ltd  -  1,093 words
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      Lock icon TAIPEI
      388 24 AFP QWP Index -190J7 TAIWAN share prices tumbled 3.3 per cent yesterday after near-panic selling mainly due to the weakness of the local currency and US semiconductor stocks, analysts said. The Taiwan Stock Exchange Weighted Price Index fell 190.17 points to 5,607.75 on an estimated turnover of NT575.99 billion.
      AFP  -  388 words
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  • STOCKS klse
    • Article
      Lock icon Untitled
      9153 25 INDUSTRIALS Consumer products ZOOl Last Vol Day Nat Cap High Low Company Salo 'OOP High Low P/E $ml| 340 300 Ajmomoto 300 -10 4 300 300 9.0 121.6 45 27 Angkasa 27.5 -1 30 29 27 40.5 342 286 Apollo Food Hlg 300 unch 11 300 300 6.5 120.0 356
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      Lock icon M'sian shares firmer on selective buying
      444 25 AFP PI Composite Index +3*26 MALAYSIAN shares closed up 0.5 per cent yesterday due to selective buying of blue chip stocks, dealers said. The Kuala Lumpur Stock Exchange Composite Index rose 3.26 points to finish at 650.74. The Second Board Index fell 1.91 points
      AFP  -  444 words
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      34 25 I PCX Shares. Annual Reports. Whatever you're offering, we help you reach out to 86.7% of all adults in Singapore daily. The Straits Times The Business Times Lianhe Zaobao Berita Harian Tamil Murasu 1800-741-1883
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  • SGX clob & regional stocks
    • Article
      Lock icon Untitled
      2640 26 BOHDS&WARRAMTS M M Hml i**n S2-M Utf W Hi MMi A«f kind Can bar Mac nub I— Mi *m- mm Un tmm Mm Mm m —mtn u* 40 0.5 5 Acma W*****4 0.5 1 1 41.0 1 300 624 83.00 3 22 2.5 AIITech W*****7 3 2 3 17.6 1
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      Lock icon SEOUL
      306 26 AFP n Composite Index -&02 SOUTH Korean share prices fell 1.5 per cent yesterday. The Composite Index closed down 8.02 points at 515.20. k*l Won Anam Semi 4580 -240 Brtm Tech 555 5 Central Bank 170 unth Chttl Comm ***** 1100 Da* Gu Bank 1370 10 Daesanq Corp 1160
      AFP  -  306 words
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      Lock icon MANILA
      285 26 AFP C jCompogte Index -7.35 PHILIPPINE share prices ended 0.5 per cent lower yesterday. The Philippine Stock Exchange Composite Index inched down 7.35 points to close at 1,439.05. Volume was down at 163.28 million shares worth 326.28 million pesos. —AFP Apr 2 Nto COOP) Abacus Construction 0.56 0.03 30
      AFP  -  285 words
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      Lock icon WELLINGTON
      265 26 AFP PIBSE-40 +22.79 NEW Zealand shares closed 1.1 per cent higher yesterday, boosted by gains in market leader Telecom Corp. The NZSE-40 Capital Index rose 22.79 points to 2,053.18 on turnover valued at NZ5150.5 million, over half of which was attributable to Telecom.— AFP km 2 cooo) Advantage HDS
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      Lock icon SYDNEY
      562 26 AFP M All Ordinaries +443 AUSTRALIAN shares rose 1.4 per cent yesterday as hopes of an interest rate cut combined with a higher close on Wall Street to boost the market, brokers said. Media and banking stocks led the charge, pushing the All Ordinaries Index up 44.2 points to
      AFP  -  562 words
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      Lock icon BANGKOK
      729 26 AFP Q SET Index -LB3 THAI stocks fell 0.6 per cent yesterday as profit-taking reversed gains made last week and investors gave a muted reaction to new government measures to boost the market. The Stock Exchange of Thailand (SET) Composite Index slipped 1.83 points to 290.11 while the SET
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      Lock icon JAKARTA
      742 26 AFP Q Composite Index -&.02 INDONESIAN share prices closed 1.6 per cent lower yesterday amid significant declines in telecoms stocks and rumours that Telkom may be forced to cancel a planned tariff hike, dealers said. The Jakarta Stock Exchange Composite Index closed down 6.02 points at 375.03. Weak February
      AFP  -  742 words
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  • Article
    Lock icon STOCKS sgx
    8162 27 SGXMAINBOARD Gf Gr MM S2-M Last Vol Day Last Quote Dt» Div YM MM Cm Mg H*a*i Cowpwy Salt row) HI0I Low tmfm Sdhi Cw Pff Hm Wt» MULTI-INDUSTRY 153 41 cAcmaSOc... 41.5cd-3 97 43.5 41 40 41 5 4.3 6 5 2 72 44 41 10 c
    8,162 words
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  • KNOWLEDGE economy
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      Lock icon FEED the WORLD
      1219 28  -  GM foods have been getting a lot of bad press of late, but there's no denying that genetic modification is a useful tool with great potential to solve some of our food problems, say y vmii ilukuui and A JRAMACHAKDRAN Life Sciences Rajah Tann Andersen Legal YVETTE
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      Lock icon Going for that HUMAN TOUCH at the workplace
      1376 29  -  liam brown suggests how employers, as investors in human capital, can live up to their *people are our most important asset' claim LIAM BROWN The writer is director of The British Council's Professional Development Centre N the first part of this article
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      158 28 y i Wi? 3MlM&?s*' to challenge an minds or imagination when the can t even stretch their TjttgmOur 1.200gives /our He 33^BHr' audience the total comfort mm they need to concentrate on JH HL your event by seating them amidst some of the most spacious leg-room in town. At the
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      2152 29 I NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF GSI INFORMATION SYSTEMS SINGAPORE PTE LTD (In Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN THAT pursuant to Section 308 of the Companies
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      681 29 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF DIXON, DELVES ANDREWS PTE LTD (In Members' Voluntary Winding-Up) RESOLUTIONS PASSED ON 26TH DAY OF MARCH 2001 At on Extroordinory General Meeting o( the Company held ot 100 Beoch Road #25-06 Shaw Towers Singapore *****2 on
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      256 30 Where to wine, dine and <§)££& For lunch, you can enjoy our ever popular Japanese culinary flavour while for dinner, you can tuck in to a sumptuous selection of Japanese, Asian and Western dishes, from sashimi to shark's fin soup to drunken chicken to even roast beef sirloin. Lunch: $24.50
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      38 30 JHH I Advertise in I jt Wine, Dine Entertain of The Business Times I v Contact Anne Tan 740 6127 I or Amy Choo 740 1559 now. I Yon will find it here at Wine, Dine and Entertain.
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      47 30 i yTRIBUTE TO ALL SECRETARIES 23 27 APRIL 2001 Time 12:00 noon 2:30 pm Price $48 nctt per person Venue Mandarin Ballroom (6th floor, South Tower) Reservations/Ticketing Hodine: 831 6288 Fax: 831 6284 Mandarin ffi Singapore 333 Orchard Road, Singapore *****7 Tel: 737 4411 Fax: 732 2361
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  • Page 30 Miscellaneous
    • Miscellaneous
      Lock icon Page 30 Miscellaneous Column 1
      888 30 930 News S 5 Tonight. 6.00 AM Headlines. AswToSght 6^ g.■ mm ,J *rHl 00 Kids Central: 10.00 La Femme Nikita. 6.02 Asia Beyond/Know- 1130 W3?K). >»*- -%fK~ t| Blues Clues. 11.00 Snoops. ing Asia. 12.00 MN The World Toi' —"r y*-> -^T v Jfc, <> **'l£Lr Nim s Tree
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    • Miscellaneous
      Lock icon Page 30 Miscellaneous Column 2
      340 30 CRYPTIC CROSSWORD ACROSS 5 Not quite dressing the bird (5) 1 Make up case for agreement (7) 6 It could provide opening for Irish 5 Read out creed it's been porfs shipworkers (4-5) Changed (7) 7 Shake three times as much, in--9 Harsh wind from the south east gesting first
      340 words
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  • CAMPUS life
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      Lock icon Dispelling myths of Aussie education
      666 31  -  o&silEZaH from Melbourne By Eve Anwar The writer is a first-year student at the University of Melbourne FOR far too long, Australia has been regarded as an "educational backwater" for students to retreat to as a last resort in their education when all else fails.
      666 words
    • Article
      Lock icon Is Loughborough well-known?
      177 31  -  Audrey Ong Singapore via Internet I REFER to your article "A budget for college" by Rachel Ong (BT, March 27). This is not directly related to the same topic of studying in the UK, but it is related to Singapore. I am in the midst of deciding
      177 words
    • Article, Illustration
      Lock icon Practical tips for first-time job seekers
      593 31  -  Degrees per se may not count as mnch as the networking they offer By Janice Lee THE dust has settled on college admissions. And students have found something new to think about course choices and careers. To many, picking out a course is balancing
      FILE PHOTO  -  593 words
    • Article
      Lock icon Rankings: what the numbers say
      1533 32  -  Choosing a university? ***** takes you through the nine key aspects of rankings RACHEL ONG IT all comes down to numbers and rankings when you're choosing your university. With the exception of primary schools, all our local secondary schools and junior colleges are ranked on
      1,533 words
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      Lock icon Ensure local council recognition
      383 32 ALWAYS make sure that the institution of your choice is recognised by the local councils, especially if you're doing professional degrees like law and medicine. For UK law graduates, you need not qualify as barristers or solicitors of England and the route to the Singapore Bar
      383 words
    • Article
      Lock icon Factors to consider in choosing your course
      507 32 HERE are some factors to consider when you're choosing a course. First, what is your motivation for the subject? Enthusiasm is crucial because this is something you have to study for the next few years and because of its highly specialised nature, you
      507 words
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      235 31 What is Campus Life It's about university education, both here and overseas. While written mainly by undergraduates, BuffiVWuV our main aim for starting this section is to cater to Campus chat This is a chat-link between undergrads and parents. So if you're an undergrade we'd like to hear from you
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      157 32 BkiTi h Swiss The German T f Nanyang Girls Raffles Girls'Pr M GifTs' St Q ff o National 5> Pr ft Sec School v 0 Junior College 3 6th Ave 1 1 o v ot'- ANO Centre Guthrie House Institute of Ch 's^hool' gh 1 vy n. a. Management \<(si
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      283 33 Reuters THE Baltic Dry Index (BDI) fell 14 points to 1,438, the Baltic Panamax Index (BPI) lost 20 points to 1,533, the Baltic Handymax Index (BHD dropped 64 points to 9,463 and the Baltic Capes ize Index (BCI) was down 17 points to 1,727. TIME-CHARTER: ♦Tian Shun Hai
      Reuters  -  283 words
    • Article
      Lock icon MARITIME STOCKS
      315 33 SOX '000 jgl s$ gg CWT Distribution 0.50 0.01 3 Chuan Hup 0_3t -0.01 1796 Cosco Investment 0.16 -0.02 297 Freight Links 0.08 unch 708 GB Holdings 0.40 unch 0 IMC Holdlnqs-HK 5.60 unch 0 Jay* Holdings 0.14 -0.01 246 Keppel Corp 3.04 -0.06 453 Keppel FELS 0.85
      315 words
    • Article, Illustration
      Lock icon French vessel stuck on reef in S'pore Strait being salvaged
      536 33  -  CMA CGM box ship likely to be repaired in S'pore, after cargo has been removed By Beth Jinks SALVORS are on board a stricken French container ship which rem aground on a reef in the Singapore Strait just before midnight
      536 words
    • Article
      Lock icon M'sia considers deepening P Klang for mega ships
      207 33 Bernama [KUALA LUMPUR] The Ministry of Transport will study the possibility of deepening Port Klang to enable the country's number one port to handle larger container ships in the future. Its minister, Dr Ling Liong Sik, said that the move was to
      Bernama  -  207 words
    • GALAPAGOS oil spill
      • Article, Illustration
        Lock icon Corruption, substandard tanker fleet of Ecuador exposed
        578 34  -  The oil spill at the Galapagos Islands was a disaster waiting to happen, a conference heard From David Hughes in Tarrwa WHEN the small tanker Jessica went aground in the highly environmentally sensitive Galapagos Islands, the immediate cause of the casualty was quickly
        AFP  -  578 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      181 34 PACE Appenship 5 Assets 5 Austral 6 BalajiShpg 5 BSA 7 B'tang Mas 6 CCNI 7 CMACGM 3 COSCO 3 Columbus 6 CSAV 3 Central Ex 6 Cho Yang 5 China Shpg 5 Cougar 7 CWT Globelink 7 Delmas 4 Djak Lloyd 6 Dongnama 3 Eastrans 6
      181 words
    • Article
      Lock icon SHIPPING GUIDE
      19234 40 THEBUSINESSTIMES THEBUSINESSTIMES a 9 e 8 EXPORT TUESDAY, APRIL 3, 2001 ETA ETA Advertiser Vessel Voyaqe Telephone SIN Dest'n Name Name Number Number To ABIDJAN (ABJ) 2003 Cote D'lvoire K)/04 15/05 Delmas VILLE DE VIRGO S42W 65-*****44 n/04 26/05 COSCO EMPRESS PHOENIX 0101W 65 *****00 17/04 22/05 Delmas
      19,234 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        770 43 Vessel Voy Mo Berth Arrival Departure Pingguan 125 02/04/05 05/04/234)0 Good Friday E349 J08 02/04/425 02/04/21:00 Sac Capricor 47 J12 02/04/6:50 02/04/17^)0 Bt Sur Sakti ***** J01 02/04/835 02/04/204)0 C Progress 04-Fefc JW 02/04/9:20 02/04/16:00 Winstar 2 039S01 J03 02/04/7:45 02/04/21:00 labroy 166 Nms03 J03 02/04/8:40 03/04/9410 BayswaterllS
        770 words
      • Article
        Lock icon CONTAINER SCHEDULES
        1995 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Poofclnq/PiUnct Rstls Ship Voy No Etb/Btr Ptrtod frow To Frew ACX DAHUA 033A VfcOO 01/1500 01/659 JaHW 2A 01/1700 02/0659 02/0900 21 01/1700 02/0659 02/0900 3 02/0700 02/1159 OZ/MOO 4 02/1200 02/1459 02/1700 ACIMKCUS 0901 3/23*0 0V600 01/1659 JarOO 2A
        1,995 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        190 43 Apr 5 Hongkong: Ching Ming Festival. Apr 6 Thailand: Chakri Memorial Day. Apr 9 Philippines: Day of Valour. Apr 13 United Kingdom: Good Friday. Singapore: Good Friday. Indonesia: Good Friday. Australia: Good Friday. Hongkong: Good Friday. Philippines: Good Friday. New Zealand: Good Friday. Canada: Good Friday. Denmark: Good
        190 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        797 43 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the mar ket. Prices shown are based on averagesized stem. Market movements are indi cated. The Cockett Bunker Price Index change
        797 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        618 43 Carbon 180 Mai 985.4 2.3 12.9 0.28 194 0.06 Mar 29 Density Water Residue Ash Aluminium Sediment No above E25 0 10 110 rrrj- 380 Ave 985.3 0.4 12.7 0.07 22 0.02 Euon 380 Max 990.6 1.1 14.3 0.09 49 0.03 *t/M*3 v/v »»/> HM/M ppm
        618 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon US airline service worsens for another year
        635 44 Govt intervention necessary to ensure customer-service standards: study Reuters [NEW YORK] The experiences of US airline customers declined in quality for another year, despite customer service plans implemented by the airlines, according to an annual university study released on Monday. Only three airlines
        Reuters; AFP  -  635 words
      • Article
        Lock icon American Air told to collect US$45.5m fine from pilots
        384 44 Judge ordered award for 1999 work stoppage Bloomberg [DALLAS] AMR Corp's American Airlines said a federal judge ordered the sec-ond-largest carrier to collect a U5545.5 million (5580.99 million) damages award imposed on its pilots union for a 1999 work stoppage to
        Bloomberg  -  384 words
      • LOG Book
        • Article
          Lock icon ANA jet makes emergency landing
          107 44 AP [TOKYO] A domestic All Nippon Airways flight with 264 people aboard returned to an airport in western Japan shortly after takeoff on Monday when the landing gear malfunctioned, an airport official said. The Boeing 767-300 was en route from Kansai International Airport to Tokyo's
          AP  -  107 words
        • Article
          Lock icon Two Canadian airlines plan to merge
          70 44 AFP [TORONTO] Two Canadian airlines, both formerly charter services, have announced plans to merge in a bid to go head-to-head for passengers against the country's dominant carrier, Air Canada. Canada 3000, now the country's second largest scheduled airline, said it will merge with Can
          AFP  -  70 words
        • Article
          Lock icon AirTran likely to order 35 more B717s
          73 44 Bloomberg [LOS ANGELES] AirTran Holdings Inc is likely to exercise options for at least 35 more of Boeing Co's 717 jetliners, said Joe Leonard, the low-fare airline's chairman and chief executive. The orders would be valued at US$l.2 billion at list prices (552.16
          Bloomberg  -  73 words
      • Article
        Lock icon Qantas jet hit by tractor in Melbourne
        117 44 AP [MELBOURNE, Australia] Passengers and crew had to leave a Qantas passenger jet after a tractor hit the front of the plane, officials said. Nobody was injured in the incident on Sunday, but the jet had to be taken out of service and
        AP  -  117 words
      • Article
        Lock icon SIA turns to students for help
        190 44 [SINGAPORE] Singapore Airlines has enlisted the creative help of design students and academics in California and locally to improve the cabins of its aircraft. Announced at a press conference yesterday the initiative is a first for the air industry and is already well underway.
        190 words
      • Article
        Lock icon Air NZ's credit ratings placed on negative watch
        211 44 Bloomberg [AUCKLAND] Air New Zealand Ltd, the country's dominant carrier, may have its credit rating lowered if competition in Australia hurts the earnings of its Ansett Holdings Ltd unit, Standard Poor's Corp said. The company, 25 per cent owned by Singapore Airlines,
        Bloomberg  -  211 words
      • Article
        Lock icon Swissair chalks up huge losses of 2.9b francs, the worst in its history
        301 44 AP [ZURICH, Switzerland] After weeks of turbulence, the parent company of Swissair has announced a net loss of 2.8 billion Swiss francs (US$2.9 billion) for last year. A company statement blamed the group's investments in Belgian, French
        AP  -  301 words
      • Article
        Lock icon Untitled
        1771 44 an fuoiT no futwr no Adelaide AN8229 2230 LH6380 2230 aai 2230 Amsterdam S023 0635 6A974 0130 S0333 0745 *1838 2255 «UJ7 M55 $024 2335 M—>* MB QMS Athens ***** 0610 $0348 2255 Auckland LH6987 1900 N***** 2045 N223 1900 S028S 2045 S***** 1900 N***** 2045 Mt 2M» Bahrain CH48
        1,771 words
  • Page 33 Advertisements
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      Lock icon Page 33 Advertisements Column 1
      400 33 Galapagos oil spill: Corroptioo, substandard taoker fleet of Ecuador exposed Pg 2 SAirGroup has named Mario Corti, the chief financial officer of Switzerland's Nestle SA, chairman and chief executive. SAirGroup owns Swissair and SAirLogistics h|d been searching for a group chief executive since Philippe Brugqisser stepped down in January. Mr
      400 words
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      Lock icon Page 33 Advertisements Column 2
      53 33 PP^si -i —fi Asia. En ral Lirn ■qLD I J f g^upL^J SHIPPING FROM HERE TO THERE? WE HAVE THE SOLUTION. Our new, weekly Asia-Mediterranean service offers a straight line direct to the heart of Asia with some of the fastest transit times on the route. Puzzle solved. nrm^^pg^m Asia-Mediterranean
      53 words
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      Lock icon Page 34 Advertisements Column 1
      613 34 NORTH AMERICA OULF/INDIA SUB-CONTINENT SUPER SHUTTLE EXPRESS (SSX) [GULF KARACHI EXPRESS (GKX) VKSa 1 VOT IGB sm PKIANG VBStt VOT JH MM MB SM OOCI AMERICA sown 21/03 08/04 10/04 P 0 NEDUOYD APAPA 02E 28/03 29/03 31/03 09/04 00a CALIFORNIA 52W12 28/03 15/04 17/04 P»0 NttUOYD lANDAR ANAS 171
      613 words
    • Advertisement
      Lock icon Page 34 Advertisements Column 2
      88 34 A SANKYU (S) PTE LTD 11 CLEMENTI LOOP, SINGAPORE *****3 TEL: *****40 FAX: *****11 CFS: KEPPEL DISTRIPARK BLK 513 #01-128 SINGAPORE *****9 JAPAW PORTS Hong Kong 4 All CNra Port* ievpiv thur sum versed VESSEL VOY FTP SIM ETA TYO ETA KOB ETA YOU ETA HGO ETA OSA HOUSTON V.*****
      88 words
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      Lock icon Page 34 Advertisements Column 3
      762 34 lines services represented by Members of the Registry of Members of the Accredited Shipping Agents, Singapore Logistics Singapore Shipping Association Association ULY UNE MALE vessel Tvoy Tra Tto eta P. KLANG SPORE MALI Princess Uly VO3Ol 06/04 07/04 14/04 Empress Uly VO4Ol 19/04 20/04 27/04 Princess Lily VO4Ol 03/05 04/05
      762 words
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      Lock icon Page 35 Advertisements Column 1
      1204 35 SAX SERVICE (DIRECT) VESSEL VOY SIN ETA LAX OAK DAI HOU CHI COL MEM ATI NYC API SARDONYX 026E 17/01 01/02 05/02 05/02 05/02 05/02 05/02 05/02 06/02 06/02 API TURQUOISE 040E 24/01 08/02 12/02 12/02 12/02 12/02 ItyM 12/02 13/02 API JADE 026E 01/02 15/02 19/02 19/02 19/02 19/02
      1,204 words
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      Lock icon Page 35 Advertisements Column 2
      2167 35 TO Am > 1/1110 DAYS JEMAH 1/1112 DAYS W AQABA T/T: 15 DAYS > i GENERAL AGENTS IN SINGAPORE: 80 ROMNSON RD #12-00 SALES/BKGS TEL *****57/43 FAX: *****21/71 MALAYSIA OFFICE PASIR GUDANG TEL 07-*****66 FAX: 07-*****70 COSTAR SHIPPING PTE ITD S,M6APORE N** 9B OUTWARD (l/u *****02 *****25/75 PORT KLANG 03-*****633
      2,167 words
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      Lock icon Page 36 Advertisements Column 1
      1465 36 C SENATOR LINES TO EUROPE TO MPPH EAST/WAN/MD SEA Vissa VOT SW IB) n W HM ll» M Vissa VOT SM KtF DM JH) I PUG WASH SENATOR 001SW 20.03 MM 07.04 MM ISM 16M 17M DORA 00I4W 07M 14.M 17M JIM RM HANJMKHUMG 0070W 22.03 13M MM lIM 12.04
      1,465 words
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      Lock icon Page 36 Advertisements Column 2
      1033 36 I*** MAC-NELS MHR PMI Carrier: MN COUTH LINES, INC P. QUDANQ: (07) *****26 I 1 IV"/ J QRNOiIMnMOOI SOU; (084) *****9 MAMLA: (632) *****24 PENANG: (04) *****38 BANGKOK: (882) *****87 SURABAYA: (31) *****11 P. KHAMQ: (03) *****77 JKT (21) *****46 KUCHWQ (082) *****1-3 CEBU US$l/CBM MY ''INTRA BHUM" Y.157E ETA
      1,033 words
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      Lock icon Page 36 Advertisements Column 3
      534 36 EXPRESS CONTAINER FEEDER FOR INDIAN PORTS FOR N SHEVA (CFS MULUND. MUMBAI) COCHIN COLOMBO ALSO ACCEPTING TO ALL NORTHERN AND WESTERN 1.C.0. POINTS Vessel VOY S PORE N. SHEVA COCHIN COLOMBO P.KLANG TULSIOAS 140 08 APR 17 APR 20 APR 23 APR 27 APR FRONTIER 108W 15 APR 24 APR
      534 words
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      Lock icon Page 37 Advertisements Column 1
      1647 37 IVESSfL VOY KHH HKG I SIN PKI DXB BAB DMM MK IRAN HORMOZGAN PCL-201 03/04 04/04 07/04 08/04 15/04 16/04 18/04 20/04 IRAN TEHRAN PCL-202 10/04 11/04 14/04 15/04 22/04 23/04 25/04 27/04 IRAN TABATABAEI PCL-203 17/04 18/04 21/04 22/04 01/05 02/05 04/05 06/05 IRAN KERMAN PCL-204 24/04 25/04 28/04
      1,647 words
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      Lock icon Page 37 Advertisements Column 2
      340 37 I Loading far TAHARA RDM/ATW/BMNAJK GOOD FRIDAY RDM/ATW/BMNAJK I Loads Singapore. EVW. Malaysia. Indonesia J Loading for SAFEER JDH/AQA/DMT EVDOXIA HDCVJDH/AQA CORAL) DBI/ABU/DOH/BflN/DMMftWT YA LATIF DBI/ABU/DOH/BRN/DMM/KWT PAUL X JOH/AQA/DMT loads Singapore, EJW Malaysia. Indonesia ILoadingfor I NATS EMPEROR CAM/NFK/SAV/NOL I HANJM TAMPA VCW/LAX/MZL I toads E7W. Malaysia, Indonesia I IS'pore
      340 words
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      Lock icon Page 37 Advertisements Column 3
      1455 37 EXPORT IMPORT gig,*, H :tj|;&:s&:B%:||jg~ Sir i.!". 3 {fist tin iSL If roHMwsa 381 01/05 11/05 20/05 21/05 22/05 23/03 24/05: amm m iffii ***** tjm; A PORTUGAL SEN Oltw 100/05 12S/05 I 77/051 20/05| 29/05 30/0$ 31/05 HJ COPENHAGEN 0001 19/04 21/04 23/04 26/04 13/05 MMWiavHiaotfow nwinqMcvuiuM^iiiTwafvuTO TRANSPACIFIC SERVICE
      1,455 words
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      928 38 KUdiyAUU^B MiPntRRA>«AN/»LACK SEA/EUROPE SERVICES export VESSa/VOYAGE SGP 100 |VPI|OC l OKI [RDM |WV |w» |g LTURSUIA *****14* OMM 20/04 22/D4 2t>/D4 2S/D4 27/D4 29/D4 3Q/D4 JIMOO9OOO9W 15AM 27/04 29/04 01/05 03/05 02/05 04/35 06/05 07/05 UULYSSBOQH-007W 22/04 04/05 OM>5 08/05 10/05 09/05 11/05 13/05 14/05 wtmmmj n/w 11/05 isms 15/05
      928 words
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      Lock icon Page 38 Advertisements Column 2
      371 38 /umwi PWSMW Omf/KMAM lUi COKnWPiI SWVICI IXPOW VESSEL VOYAGE SGP CM! DM DMN KM NXV AKM JED AQ> XIANGHE OI6BW 06/D4 17/04 MM W* UNI ACTIVE 0659-039W 08/04 13/04 18/04 19/04 UNI PREMIBt *****01W 10/04 14/04 20/04 21/04 27/04 BINGHE 01 TOW 13/04 24/04 26/04 30/04 UNI ASSURE 0001-020w 15/04
      371 words
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      Lock icon Page 38 Advertisements Column 3
      1080 38 nSsßßßfswwTiS^^ vtssa I VOT ISi I w llf I L<M vtssa I vor I sw I jkt If* tm »HUM AA 20fN 04/04 08/04 04/04 AKAIHUM 441S 05/04 01/04 MATHUIHUM" SI ON 04/04 07/04 HABIHUM 4265 07/D4 10/04 lUNTA IHUM S47M 04/04 01/04 07/04 UAOHE" 08? 08.04 H/04 12/04 CHANAIHUM
      1,080 words
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      Lock icon Page 38 Advertisements Column 4
      528 38 INDONESIA NATIONAL LINE TO AUSTRALIA T FULL CONTAINER SERVICE va _wr wg sn m i srp «b hm m m Anrvomr ats n/otio/t* lt/o* 22/0424/04 27/04 POTSMM W It/04 17/04 27/04 29/04 01/05 04/05 NTKntn 075 13/04 24/04 30/04 06/05 01/05 11/05 POWADBAU 38S >0/04 01/05 71/0S 13/05 15/05 U/05
      528 words
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      420 39 BSfl A. M MYANMA pBBk FIVE STAR UNE W (Myanmar National Line) Loading for Yangon VESSEL VOY SIN PKL PEN PGU (AGO 118W SID MONG LA 43W SID MALAYSIA AGENYS: BOUSTEAD SHIPPING AGENCIES KUL Til 03-*****00 PKL: TIL 03-*****101 PEN; YEL 04-*****02 PGU: TEL 07-*****21/4 BANK LINE (A service of
      420 words
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      1218 39 HMNE* HYUNDAI MERCHANT MARINE CO., LTD. [VESSEL VOY TT SOU I IB! I KTM I ANT I HAM IWV [VBSE I VOY I SOU I LBI I BTM I ANT I HAM I»V "8T HY BARON YL332W 03/05 21/05 26/05 23/05 24/05 HT FEDERAL U329E 06/03 21/02 01/03 03/03 24/03
      1,218 words
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      1025 39 vftr WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERKA "CAR RORO HEAVYUFT SERVICE" [VESSEL VOY W HEIGHT I SIN I L»C I HMO MIA I SAV iAL OOF NYC NEW MO» TAMPA AHIOB 400To*s 6.3 M 09/04 16/05 19/05 21/05 23/05 24/05 26/05 29/05 31/05 TAIABOT AH 109 400 Tom 6.3
      1,025 words
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      74 42 A£ni WfONE SINGAPORE PTE LTD W 15 McCallum Street #03-01/02 Natwest Centre Singapore *****5 h a mmm Fax |65| 2201)66 Email: eculine net KIZ Website http://www eculine net EAST MALAYSIA Kuching/Kota Kinabalu/Muara/Sibu Tawau/Bintulu/Labuan/Sandakan See Page 4 Call: 220 3373 FREMANTLE KYOWA f JNF COCOS CHRISTMAS ISLAND WEST t ERN AUSTRALIA
      74 words
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  • Page 43 Miscellaneous
    • Miscellaneous
      Lock icon Page 43 Miscellaneous Column 1
      134 43 jjjfmEGIONALWEATHEF? B^^ HL LEGEND: Issued by Meteorological Service Singapore K Thunderstorm A Showers t J, Rajn 1 em P erature Wind direction and speed in knots "f 1 Weather Cloudy Day Cs<3 Hazy Sea Conditions Wind speed symbols 1 slight, <1 2m O Full circle w/o line indicates calm or
      134 words
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