The Business Times, 20 April 2001

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Total Pages: 50
1 50 The Business Times
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  • Title Section
    Lock icon Masthead
    13 1 THE BUSINESS TIMES mtta#) mk&amt Internet nitp: business-times.asial.com.sg FRIDAY. APRIL 20. 2001 85C
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  • Article
    Lock icon MARKET SUMMARY
    66 1 U IMSJ4 (+39.96) MiT-m D WIM (+20.10) ST nmEZ FUTURES U4l (+36.00) □smsciwwib mm(+b.\X7 STOCK MABSET1XDK35 Thursday Change KfifPCOMP 570.01 -0.01 NlflKH 228 jLilM6M8._*aM» HADCSENfl 1S£4&9§ +576.1S SET INDEX J9W7_*74 JAKARTA COUP -J4M1 -652 MANILA OQMP TAfftTWH M«Jt SEOUL OOMP KM! +2UI CLSA CHINA B I184J9 AUSTALLOtD —JJMMO
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  • Article
    Lock icon FINANCE
    79 1 FOtEZ SATES uss ss US$ (S$ per US$) LM1 £(l!S$/S$ per 1.428 1571 EURO{US$/S$/E) 0.883 1590 DM 1216 1J8® YEN 1211 67.80 RM 3.800 1111 HK$ 7.799 4J32 BART 45.12 25.06 RCPIAH *****—6,154 *8$ to 100 units FUME RATES SINGAPORE* 5.80 KUALA LUMPUR 7.67 JAKARTA _J. J9.00 9.80 MANILA
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  • Article, Illustration
    Lock icon Foreign banks take fight to local banks
    678 1  -  Biia'jjiiun/j They're moving in on consumer banking with new products tnH sleek marketing Reports by Siow Li Sen [SINGAPORE] Foreign banks are fast muscling in on the consumer banking business even as their local counterparts brace themselves for slower growth in certain segments
    FILE PHOTO  -  678 words
  • Article
    Lock icon ABN Amro and Citibank to share ATM network
    325 1 HIKtVMUMLVsI Tie-op by foreign banks expected to make local banks sit up [SINGAPORE] Citibank and ABN Amro will implement the first shared ATM network among foreign banks here a move that is likely to cause more than a few sleepless nights among
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  • Article
    Lock icon Daim is on two months' leave of absence: Dr M
    789 1  -  Remarks feel talk over minister's political fntnre From Eddie Toh in Kuala Lumpur MALAYSIAN Prime Minister Mahathir Mohamad yesterday set off speculation over the political future of Finance Minister Daim Zainuddin when he said that Mr Daim, the country's economic
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  • Article
    Lock icon Economists expect Fed to cut rates again in May
    944 1  -  Extent and severity of slowdown still in doubt, they say From Andrew Marks in New York AS the euphoria fades over the Federal Reserve's surprise fifty basis point rate cut, investors and Wall Street professionals alike are now pondering the question:
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  • Article
    Lock icon Dow falters in morning
    87 1 AFP [NEW YORK] Wall Street faltered yesterday morning after a surprise interest rate cut by the US central bank on Wednesday stoked a thunderous rally of US equities. By noon EST, the Dow Jones Industrial was down 31.81 points to 10,584.02 although the Nasdaq Composite chalked
    AFP  -  87 words
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      74 1 Top Stortos No need to fine-tune economic policy further BG Lee. HmxtPmg* Paris Club rejects Indon LNG security sation. Next Pmgm Analysts expect business as usual at ST Engg. Pg B ii $t f 5 BT Commwst The accountant's art of dealing with goodwill. Pg 5 :>*. i J M
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      29 1 Citibank's free online cheque service, Pg 8 MgfclM'Mllitkfcr tocfc stocks «a*sls. Aebeshsdbytlw fed. Pg3 STlfals 13J2N to-date; broad Qw A HK stocks says 4.4%; HKMA cuts dtscowit rata. Pg4
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      114 1 Gourmet Appeal 1 Executive Lifestyle cover stofy^^flßHHnl InTTM B W~m m| Turning heads day and night rmk mL t irM Jj ■BM®* s If p g*: Duetto Mg When day 1!^^? turns to night, Jr /W*^9t' an elegant $-.?jjFF lady turns her Reverso Duetto's «"JV/ case to conceal its daytime
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  • NEXT page
    • Article
      Lock icon Existing focused measures enough: BG Lee
      496 2  -  S'pore is not facing systemic Asian crisis bnt a cyclical US slowdown By Chuang Peck Ming [SINGAPORE] In dealing with Singapore's current economic problems, the focused measures already in place will do the job better than an across-the-board package of cost cuts and rebates,
      496 words
    • ON THE grapevine
      • Article
        Lock icon Anti-cipating market behaviour
        123 2 THE stock market is undoubtedly a complex creature. Researchers have used all sorts of models, rajigingftom charts to chaos theory, to try to understand its behaviour. And now there's a surprising variant—ants. By applying complexity science—which seeks to understand non-linear systems—to the study of ant-like behaviour, the
        123 words
      • Article
        Lock icon 'Pretty good' target-setting
        67 2 ONE banker reckons his first-quarter performance was pretty good. Really? We thought the slowdown was bad for business. Not necessarily so, said the banker. "It all depends on how one sets the targets. We said the year was going to be bad and business would slow, so
        67 words
      • Article
        Lock icon Downtrodden
        46 2 EARLIER this week The Business Times ran an online poll saying: The Singapore stock market is headed for rough times, if analysts are to be believed. Readers' responses were: Yes, all indicators are pointing down—6B% No, I doubt the analysts are right—23% I don't know—9%
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    • Article, Illustration
      Lock icon Paris Club rejects Indon LNG securitisation plan
      778 2  -  Mm is seen as international community's lack of faith in the present administration From Shoeb Kagda in Jakarta INDONESIA'S attempt to raise additional revenue by securitising its natural gas sales to Singapore has suffered a major setback as the Paris Club has rejected
      REUTERS  -  778 words
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      146 2 !-W 1 —'4 Y ft: > jPp>T >C <!J Happy Secretary's Week A Celebrate with a 20% discount on ladies footwear until 29th April, 2001. hush Hush Puppies Boutiques: Centrepoint #02-01 Great World City #01-09 PUPPIES' Ngee Ann City #81-51 OUB Centre #02-10 Plaza Singapura #81-Q6 Tampines Mall #02-21 Favowf
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  • FED'S move
    • Article, Illustration
      Lock icon Brighter outlook for tech stocks: analysts
      707 3  -  Boost from rebound on Nasdaq; but more downside possible for banks and other bine chips this year By 1 Ven Sreenivasan TECHNOLOGY stocks should see some price recovery as their earnings outlook gradually clears up, but banks and other blue chips could see more
      Source:  -  707 words
    • Article, Illustration
      Lock icon Ambushed by the Fed
      766 3  -  ECONOMICS Thfl PS central hug nnnlfl dear It is willing to act aggressively, anytime vikram khanna AT the start of stock trading in New York on Wednesday, analysts on CNBC were speculating there was, urn, a 40 per cent chance of a half-point rate cut by
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    • Article, Illustration
      Lock icon STI falls 13.2% to-date; broad market uneven
      1017 4  -  Bine chips nnderperform the STI; defensive stocks and those going private outperform By Janice Lee YESTERDAY'S rebound notwithstanding, the Straits Times Index (STI) has succumbed to the pull of gravity so far this year, tumbling 13.2 per cent. But the performance in the
      FILE PHOTO  -  1,017 words
    • Article
      Lock icon ECB under pressure to cut rates, others take Fed's cue
      388 4 AFP Bloomberg, Reuters [FRANKFURT] The European Central Bank came under pressure to cut interest rates as central banks in other capitals followed the lead of the US Federal Reserve Board and lowered rates. The ECB is the only major central
      AFP; Bloomberg,; Reuters  -  388 words
    • Article
      Lock icon HK stocks surge 4.4%; HKMA cuts discount rate
      645 4  -  From AndreyTan in Hongkong HONGKONG stocks went for the ride yesterday, taking their cue from the Federal Reserve's half-point rate cut and Nasdaq's consequent surge on Wednesday. The Hang Seng Index jumped 4.4 per cent to 13,548.95 points, with property, banking and
      645 words
    • Article
      Lock icon What they say
      162 4 'I'm not a professional but I Just have a fooling It hasn't bottomed out yet. I'm looking tor a golden opportunity to buy stocks again. I'm looking for a '98 type of crash sothat I can buy at a cheap price.' —A sales ami marketing director at
      162 words
    • Article
      Lock icon Fed rate cut may not be enough to spur economy
      341 4 Bloomberg [SEOUL] For Park Chong Sup, who heads the world's second-largest maker of computer memory chips, an unexpected interest rate cut by the US Federal Reserve wasn't enough to alter his own gloomy outlook. As markets worldwide rallied on the
      Bloomberg  -  341 words
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      40 3 This announcement appears as a matter of record only. March 30, 2001 U*****,000,000 Chartered semiconductor manufacturing ir r l v ;•«%v 2.5% Senior Convertible Notes due 2006 Global Coordinator and Sole Bookrunner m Merrill Lynch Merrill Lynch (Singapore) Pte. Ltd.
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      164 4 a tribi/teto all SECRETARIES 23 27 APRIL 2001 Mandarin Ballroom (6th floor, South Tower) Show your appreciation to the single most person you can't do without in the office, with our Secretaries' Week Celebration. Tuck in to an international and local buffet with a delectable array of Australian selections from
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  • SINGAPORE companies
    • Article
      Lock icon The accountant's art of dealing with goodwill
      887 5  -  HOCKIWffPHfII paul thompson WOULD you pay a dollar for something which you cannot see, which is next to impossible to value objectively, which you have limited control over, and which may just evaporate before you can say Pacific Century CyberWorks? Well, CyberWorks paid
      887 words
    • Article, Illustration
      Lock icon Analysts see business as usual at ST Engg
      624 5  -  But there is some concern that the group's growth plans might be affected By David Boey ANALYSTS expect it to be business as usual at Singapore Technologies Engineering once its award-win-ning deputy chairman and chief executive officer Boon Swan Foo, 45, leaves
      624 words
    • Article
      Lock icon F&N-linked Vision Century posts HK$355.8m loss
      376 5  -  From Quak Hiang Whai in Hongkong VISION Century Corporation, the Hongkong property and infrastructure company recently taken over by a Sin-gapore-led consortium, yesterday reported a loss of HK5355.8 million (5582.4 million) for last year. Releasing its first results since the takeover two months ago,
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    • Article
      Lock icon Sunright interim profit quadruples to $4m
      218 5 MAINBOARD-LISTED Sunright, the world's largest independent semiconductor burn-in and test service provider, yesterday reported a near quadrupling in group profit to $4 million for the half-year ended Jan 31. But the company also struck a sombre note, saying it expects the second half to
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    • Article
      Lock icon CapitaLand to boost Japan investments
      272 5 It plans to invest $30Qmmorein gateway cities over next 2 years CAPITALAND, which committed $160 miUion to two Tokyo property investments last year, plans to invest a further $300 million in Japanese gateway cities over the next two years. This was revealed by the group's
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    • Article
      Lock icon SembCorp denies talk of impending bond issue
      190 7 SEMBCORP Industries yesterday scotched talk of a bond or convertible bond issue. It said in a statement "it has no impending bond or convertible bond issue, nor is the company contemplating the issue of any such instruments at this point in time". Expectations
      190 words
    • Article
      Lock icon MTel, SingTel Mobile launch MobileSurf
      128 7 MTEL (Singapore) and SingTel Mobile are cooperating to bring Mobile Surf to wireless Internet users of personal digital assistants (PDAs) and mobile phones. With Mobile Surf, Sing Tel Mobile customers with PDAs or handphones will be able to view converted Web pages without scrolling. They
      128 words
    • Article, Illustration
      Lock icon TPV Tech earnings jump 50% on growth in China market
      370 7  -  HK-based computer peripherals maker expects 25% sales growth in FT2OOI By Trina Foo HONGKONG-BASED computer peripherals maker TPV Technologies yesterday announced a 50 per cent jump in full-year net profit to U5533.3 million (Ss6o million), from US$22.l million in 1999.
      ARTHUR LEE  -  370 words
    • Article
      Lock icon Fastech Q1 profit dives 47% to US$1m
      227 7  -  By Rachel Ong MAINBOARD-LISTED Fastech Synergy yesterday reported a 47 per cent drop in first-quarter net profit to US$l.O5 million, from almost US$2 million a year earlier. The fall was on marginal rise in turnover to US$7.7 million, despite the downturn in the
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      9 5 f Who's smiling Liverpool or ManU? Lakers or Sixers
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      283 5 Running late? Need a cab Association for Financial Engineering (Singapore) Presents a Seminar for the Industry on 10 May 2001 Mandarin Singapore 8:30 am to s:3opm Programme Highlights L stream 2 6 b Credit Risk Management Structured Finance 8.30 am Registration 2:15 pm Credit Risk Modelling 2:15 pm CDOs and
      283 words
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Nasdaq-driven stocks steal the show after US rate cut
      619 6  -  STOCKS r. sivanithy THE surprise interest rate cut by the US Federal Reserve delivered some relief to battered local stock prices. But the real story of how the market is faring lies in its response yesterday to news that a SembCorp
      619 words
    • Article, Illustration
      Lock icon Gul wrt: worth considering
      169 6  -  WARRANT WATCH By R Sivanithy THE sudden US interest rate cut and rebound on Nasdaq has signalled to many players the possibility that tech stocks may have bottomed. The market responded yesterday by sending most though not all tech stocks flying. Gul Technologies, for instance, hardly
      169 words
    • Article, Illustration
      Lock icon Chartered: more upside likely
      217 6  -  HOTSTOCK By Ven Sreenivasan CHARTERED Semiconductor has bounced bade nicely from recent lows. The chipmaker closed 32 cents or 7 per cent higher at |4.68 yesterday a whopping 19 per cent up from its closing price of $3.94 just two days earlier. The stock was the
      217 words
    • Article, Illustration
      Lock icon US$ tumbles on Fed cut but yen, North Asian units soar
      521 6  -  CURRENCIES The 120 yen level could be tested if 12L80-122 yen support breaks larry wee THE United States federal Reserve's surprise 0.5 per, cent rate cut sent major Wall StreefclndiCes racing northwards to recover supports lost in mid-March, gave
      Source: Reuters  -  521 words
    • Article
      Lock icon Untitled
      324 6 Stocks Votow Goldtron 5c 44,872,000 GES IntJ Ltd 20c 41,363,000 Pa 25c 29,488,000 Chart Semiconductor 26c 26,456,000 PacificCentuiylOc 25,414,000 Omni ind 10c 20,837,000 Datacraft 10c 18,411,000 ST Assembly 25c 16,093,000 SGXlc 14,349,000 SembCorpI 25c 14,086,000 Stocto Datacraft 10c 151,628,594 Chart Semiconductor 26c 124,814,115 DBSGrp 114,446,950 79,375,200 Omni Ind 10c 53,047,080
      324 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    2651 6 UNIT TRUSTS FUNDS Manager's prices (Ss)Apr 20 Abirdwn Asset Mgt Asia Ltd Aberdeen Select Portfolio: Global MNCFd 0.753 0.792 Global Technology Fd!** 0.644 0.677 UK Blue Chip Fd!** 0.781 0.821 American Oppoft Fd 0.836 0.879 Cont Euro Eqty Fd!** 1.066 1.120 Japan Eqty Fd!*« 1.213 1.274 Asian Fixed Income Fd
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      95 7 Mil '-^ilraiH^^H^HH^^^H^H fT\ IJLI The Mercedes-Benz E2OO Kompressor. 163 horsepower. Extra torque from a low 2,500rpm. The quickest and smoothest acceleration in its class. Mercedes-Benz Inform your secretary you're stepping out for an urgent meeting. The Future of the Automobile. i n Showroom: 239 Alexandra Road Tel: 298 1818 Sales
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      25 7 t Hfe I Is somebody asking for the world time I |p^Tl^^goicinSiistS^Si!lnS^Usi^| 1 I ■isBF f> I I Dialling country code area code? j I
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  • SINGAPORE news
    • Article
      Lock icon Banking (Amendment) Bill tabled in Parliament
      415 8  -  Separation of financial and non-financial activities of banks a major provision By, Angela Tan THE Banking (Amendment) Bill was tabled in Parliament yesterday, on which ride the various policies announced by the Monetary Authority of Singapore (MAS) over the past year, including the separation
      415 words
    • Article, Illustration
      Lock icon New legislation won't hurt media hub ambition much
      371 8  -  PARLIAMENT ITTgvfc» Yock Suam Officials will be 'very careful' in exercising it Reports by Chuang Peck Ming SINGAPORE'S ambitions to be a media hub will not be hurt much by the passing of legislation yesterday aimed at punishing foreign news broadcasters who
      FILE PHOTO  -  371 words
    • IN Brief
      • Article
        Lock icon $27.8m wage tab for cabinet ministers
        71 8 THE total wage bill for cabinet ministers came to $27.8 million in the last financial year, Finance Minister Richard Hu said in a written reply to opposition MP J B Jeyaretnam. The sum was made up of $18 million in basic salaries, $4.5 million
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      • Article
        Lock icon Nod for smaller T-bill denominations
        56 8 PARLIAMENT yesterday gave the government the go-ahead to issue Treasury bills in denominations of $1,000 or multiples of $1,000. This is expected to boost retail participation in the T-bill market, in line with the effort to promote the secondary bond market. New government T-bills are
        56 words
      • Article
        Lock icon Reservist claims for salary bonuses
        79 8 WITH the passing of the Enlistment (Amendment) Bill yesterday, National Service reservists will now be able to claim reimbursements for salary bonuses. The bill recognises the rising popularity of flexi-wage payments, where a big chunk is in the form of bonus. Reimbursement is made if
        79 words
      • Article
        Lock icon HF cushioned by phased disbursements
        119 8 THE global slump in technology stocks has not hit the Technopreneurship Investment Fund (TIF) badly because Singapore teamed up with strong venture capital partners and the disbursement of committed funds was gradual, according to Senior Parliamentary Secretary for Trade and Industry Tang Guan Seng. The
        119 words
      • Article
        Lock icon No membership threat from SBF
        77 8 THE Singapore Business Federation is unlikely to affect memberships of existing business chambers. This is because the bulk of the companies in Singapore, including most small and mid-sized firms, will be exempted from having to make contributions to it, according to Senior Parliamentary Secretary for
        77 words
    • Article
      Lock icon E-voting may be tried out on limited scale at next GE
      379 8 Five missions abroad picked as venues far overseas voting ELECTRONIC voting will be tried out on a limited scale at the next general election if the proposed system is ready in time, Home Affairs Minister Wong Kan Seng said
      379 words
    • Article
      Lock icon Singapore Power to raise $300m via bond issue
      410 8 Bloomberg SINGAPORE Power Ltd, the city state's main electricity supplier, plans to raise $300 million selling 12-year bonds to repay existing debt, said JP Morgan Chase Co, one of the sale's managers. The bonds, which carry Standard Poor's top investment grade rating
      Bloomberg  -  410 words
    • Article, Illustration
      Lock icon Citibank offers free online cheque payment service
      321 8  -  System will issue and mail ont cheques on customers' instructions online By Serena Ng CITIBANK customers can issue cheques online through a website payments system launched yesterday. The Pay Anyone service is free to customers with savings, cheque or ready credit accounts in
      FILE PHOTO  -  321 words
    • Article
      Lock icon Three parliament sees to be promoted on May 1
      103 8 THREE parliamentary secretaries will be promoted to senior parliamentary secretaries with effect from May 1, 2001. They are Mohamad Maidin, Chan Soo Sen and Yaacob Ibrahim. Mr Mohamad Maidin is currently a parliamentary secretary with the Ministry of Education and MP
      103 words
    • Article
      Lock icon Clarifications
      90 8 IN yesterday's news agency report "Tired execs sleep on the job in office, bedroom", it was implied that research company AC Nielsen was behind the survey and that it was planning a similar one for Hongkong. This is incorrect. AC Nielsen was commissioned by bedding manufacturer Simmons to carry
      90 words
    • Article
      Lock icon Retail rental yields hit 6% in Q1: DTZ
      473 8  -  By Vince Chong BUOYED by an improving leasing market, retail rental yields reached 6 per cent in the first quarter this year, while rents rose 5 to 6 per cent across the board, research by property consultants DTZ Debenham Tie Leung shows.
      473 words
    • Article, Illustration
      Lock icon Colliers research head leaves
      311 9 TRENT Smith, the maverick research head of Colliers Jardine Singapore, will leave the firm soon, less than a year after joining it. BT understands his departure has nothing to do with Colliers' retrenchment of 13 staff earlier this week. Differences between Mr Smith and Colliers over
      FILE PHOTO  -  311 words
    • Article
      Lock icon Curtail power of large developers
      306 9  -  MAiLisrm Andrew Wong, Singapore, via Internet I REFER to the Property column "Land sales: MND must go back to basics" by Lee Han Shih (BT, April 10). The column's underlying tone seems to assume that given the current economic situation, the price of houses are
      306 words
    • Article
      Lock icon Two ways to boost local spending
      277 9  -  Zheng Baoguang Singapore via Internet I REFER to your editorial "Another sharp slowdown?" (BT, April 12). What piqued my interest in the editorial was your comment that depressed prices for big-ticket items like property and cars would "likely spur some consumption and investment". As
      277 words
    • Article, Illustration
      Lock icon Singapore accountants prefer limited partnerships
      501 9  -  Ernst Young to raise issue with authorities: S'pore managing partner By Anna Teo WHILE accounting firms in Singapore can now become corporatised, the limited liability partnership (LLP) a growing form of business for professional firms in the US and UK may well be their preferred
      FILE PHOTO  -  501 words
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      13 9 t null I A successful business deal! How about a lunch celebration I
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      64 9 t. Curious about j whats cooking in the j arts seene^j An expat in England, Pg 26 AJVtIES invc'stmciit i 11. Single breasted, three-button wrinkle-free fabric, with a tree 100% cotton business shirt. I nclusively av.iii.iblc .it Hardy Amies Seolls boutique and Man Seolls, |obn I it tie Specialists' Centre,
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Argentina could trigger the next crisis
      818 10  -  JCUSfIHH OPINION robert samuelson The Washington Post Writers Group THE great danger of any economic slowdown is that it feeds on itself. Weaker consumer spending and business investment hurt corporate profits, depressing stock prices and confidence, which then harm consumer spending and business investment
      The Washington Post Writers Group  -  818 words
    • Article
      Lock icon IN OTHER WORDS
      72 10 'He (Alan Greenspan) is making the world safe for 3 per cent inflation' -HevyWilhMre a US economist, in response to the fourth US Federal Reserve rate cut in as many months. 'It is too late to prevent a recession. The process that leads to job losses is
      72 words
    • Article
      Lock icon A refreshing change in Hongkong
      575 10 EDITORIAL HONGKONG'S Secretary for Commerce and Industry Chan Tak-hay was upfront in admitting the government had made a mistake with its new copyright legislation His apology during a special session in the Legislative Council won rare acceptance from everyone. The U-turn by the government came
      575 words
    • Article, Illustration
      Lock icon Greenspan dumbfounds Just about everybody
      1074 10  -  The latest Fed rate cot was a masterstroke executed with finesse by the astute chairman By Caroline Baum The writer is a columnist for Bloomberg News. The opinions expressed are her own. Bloomberg WHY, why now, and what next? The answer to the first question
      Bloomberg; AP  -  1,074 words
    • Article
      Lock icon Welcome move,more cuts needed
      574 10 The New York Times said in an editorial yesterday: NYT THE Federal Reserve surprised and pleased investors by cutting its key federal firnds interest rate unexpectedly on Wednesday by another half-point, signalling that it will act aggressively to stave off a recession. It was the fourth
      NYT  -  574 words
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  • MALAYSIA news
    • Article, Illustration
      Lock icon I'm Yeoh, Datuk Yeoh
      60 11 [IPOH] Malaysian actress Michelle Yeoh is being conferred the title of "datuk" by Sultan Azlan Shah of Perak state at the Iskandariah Palace in Ipoh yesterday. Ms Yeoh starred in the James Bond movie Tomorrow Never Dies and the Oscar-winnng Crouching Tiger, Hidden Dragon. The title
      AFP  -  60 words
    • Article
      Lock icon Daihatsu can raise stake in Perodua
      197 11 KUALALUMPUR Dr M says it can hold majority stake if cars go to region Reuters MALAYSIA will allow Japan's Daihatsu Motor Co Ltd to take a majority stake in the country's second national carmaker if the cars are produced for the regional market, Prime
      Reuters  -  197 words
    • Article
      Lock icon Proton has no urgent need for foreign partner: official
      211 11 KUALA LUMPUR AFX-Asia PERUSAHAAN Otomobil Nasional Bhd (Proton) has no urgent need for a strategic foreign partner given its current expertise, according to a government official. Parliamentary secretary to the Ministry of International Trade and Industry (Miti) Fu Ah Kiow said,
      AFX-Asia  -  211 words
    • MALAYSIA Briefs
      • Article
        Lock icon M'sian rights panel urges review of ISA
        74 11 Reuters [KUALA LUMPUR] Malaysia's human rights panel has recommended in its first report to Parliament that the country's draconian Internal Security Act (ISA) and other laws where people can be held without trial be reviewed in detail. "There are many laws in the
        Reuters  -  74 words
      • Article
        Lock icon Dr M tells Malays to learn from Chinese
        86 11 AFP [KUALA LUMPUR] Malays must copy the ethnic Chinese in Malaysia if they want to prosper, Prime Minister Mahathir Mohamad said yesterday. He said the different rate of progress by various races worldwide was due to their values or culture. "This statement
        AFP  -  86 words
      • Article
        Lock icon Telekom's Net unit to make IPO offer
        51 11 AFX-Asia [KUALA LUMPUR] Telekom Malaysia Bhd unit VADS Bhd has proposed to offer 10 million new shares to the public as part of its proposed listing on the Second Board of the Kuala Lumpur Stock Exchange. VADS provides telecom services and Internet access.
        AFX-Asia  -  51 words
      • Article
        Lock icon MRCB scraps talks to sell assets
        41 11 Bloomberg [KUALA LUMPUR] Malaysian Resources Corp said it scrapped plans to sell assets to Chase Perdana Bhd and Sitt Tatt Bhd in stock and cash as part of a reorganisation. It didn't give a reason.—Bloomberg
        Bloomberg  -  41 words
      • Article
        Lock icon Anwar's wife to minister: Repeat 'libel'
        62 11 AFP [KUALA LUMPUR] The wife of jailed politician Anwar Ibrahim accused Malaysia's health minister yesterday of slandering her husband's doctor and challenged him to repeat the remarks outside Parliament Wan Azizah Wan Ismail said the comments on Tuesday by Health Minister Chua Jui Meng
        AFP  -  62 words
    • Article
      Lock icon UEM rebound won't last: analysts
      613 11 KUALA LUMPUR Investors remain wary of disadvantageous deals Reuters SHARES of United Engineers (M) Bhd (UEM) have risen 10 per cent since the company postponed a controversial US$l.4 billion (552.5 billion) purchase of assets from associate Renong; but with investor confidence low, analysts say further
      Reuters  -  613 words
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      2915 12 OCBC FINANCE LIMITED (Incorporated in Singapore) A Member of OCBC Croup DA I A LlfC CUCET AC AT 31 ncrCUDCD )AAA 4 QUOTED INVESTMENTS i) The Company has adopted the accounting practice of recording the unsecured bond at its face value with bALANIt bHttl AS Al 51 UtIEMDCK ZUUU 2000
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  • REGIONAL news
    • Article, Illustration
      Lock icon Estrada faces amended charge
      527 13  -  Arrest appears imminent for ex-president, who maintains his innocence From Al Labita in Manila THE arrest of former Philippine president Joseph Estrada appears imminent after prosecutors yesterday filed an amended plunder charge against him before an anti-graft court. The complaint, backed by bulging folders of evidence,
      AP  -  527 words
    • Article
      Lock icon Bond fraud: Thaksin expects arrests
      248 13 BANGKOK Reuters THAI Prime Minister Thaksin Shinawatra said yesterday police had identified suspects in a crude multi-billion-dollar bond fraud that has caused a sensation in Thailand and dented the government's credibility. "Police investigators have told me they know who did this and they may arrest
      Reuters  -  248 words
    • Article
      Lock icon Anson Chan urges debate on HK democracy
      605 13  -  From Audrey Tan in Hongkong IN her last major speech before leaving office, Chief Secretary for Administration Anson Chan yesterday made an impassioned plea for Hongkong to start a rational debate on the development of its democratic process, and for Beijing to continue
      605 words
    • Article
      Lock icon Law students asked to help trace Marcos wealth
      283 13 MANILA AFP THE Philippines yesterday enlisted the help of law students in its bid to recover billions in wealth allegedly salted away by the family of the late dictator Ferdinand Marcos. Solicitor-General Simeon Marcelo said 27 students from various universities in Manila
      AFP  -  283 words
    • Article
      Lock icon Thai Fanners Bank Q1 profit dives 80%
      359 14  -  From Harish Mehta in Bangkok THAI Farmers Bank, the country's second-largest commercial bank, reported a dismal net profit of 58.66 million baht (552.3 million) for the first quarter of the year, savaged by bad loans, rising costs, and flagging revenue due to weak
      359 words
    • Article, Illustration
      Lock icon Gus Dur raises spectre of 'nationwide rebellion'
      577 14  -  Rupiah tumbles as he says supporters will make their way to Jakarta prior to DPR's 2nd censure decision Front Shoeb Kagda in Jakarta INDONESIAN President Abdurrahman Wahid yesterday raised the spectre of a "nationwide rebellion" against moves by the country's Parliament to impeach
      AP  -  577 words
    • Article
      Lock icon IMF to help keep Indon budget deficit within 3.7% of GDP
      326 14 ■JAKARTA Bloomberg THE International Monetary Fund said it's working with the Indonesian government on keeping its budget deficit from widening beyond 3.7 per cent of gross domestic product, as approved by Parliament in December, so the aid agency's loans
      Bloomberg  -  326 words
    • Article
      Lock icon 3 brokerages barred from Indian trading
      409 15 BOMBAY Among them is Credit Suisse unit, after report links all 3 tn an inriHAr trading grundal Bloomberg A CREDIT Suisse Group unit and two other brokerages were barred from doing business in India, blocking their access to Asia's oldest stock market, after a
      Bloomberg  -  409 words
    • Article
      Lock icon China plans tough rules for second stock board
      266 15 BEIJING Rigorous rules for underachieving firms to help curb risks Reuters CHINA will impose tough rules on delisting of underachieving firms and to counter manipulation on its high-tech second board to help curb risks, a senior exchange official said yesterday. "The rules
      Reuters  -  266 words
    • Article, Illustration
      Lock icon India-Bangladesh border clashes intensify
      223 15 ROUMARI, Bangladesh/DAWKI, India Reuters FIGHTING intensified on the disputed border between India and Bangladesh yesterday in the worst violence between the two usuallyfriendly neighbours since Dhaka won independence in 1971. Indian media reports said Bangladeshi troops fired rockets during the night at a village and Border
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    • Article
      Lock icon India's central bank forecasts 6-6.5% growth
      309 15 BOMBAY Bloomberg INDIA'S central bank said it expects the economy to grow between 6 per cent and 6.5 per cent for the year to March 31, 2002, compared with 6 per cent last year, and said it would seek lower interest rates to spur
      Bloomberg  -  309 words
    • Article
      Lock icon China plans rules on Internet banking
      323 15 BEIJING Reuters CHINA will soon announce rules for Internet banking as the sector prepares for competition from abroad once the country enters the World Trade Organization, central bank governor Dai Xianglong said yesterday. "The People's Bank of China is drafting rules concerning e-banking and
      Reuters  -  323 words
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      33 13 El Ik- i-lc-jjant injjincvnno ol Q uphold its massixe ediikv, tin\ ■HH I P°tence 1 t( > elohr.lU the ffi x power ot vciy small things H *ft* .<&,. ''f ASPIAL Inspiration sees beyond I
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      85 14 projecteyeball. EDUCATION «H%i X PP-. ?v* beco i ood itizens off Singapore. Just what are they saying? Well, don't miss this morning's edition for what they, and we have to say. I Project Eyeball is available only at Cold Storage, BP, Guardian, Borders, MPH, Tower Records, 7-Eleven, selected Times the
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      32 14 Lianhe Zaobao B I Nanchang I I development zone I sends 16-member I I delegation to learn I IsiP's. I I experience I I MS£3t&*ffaE I I i6Aft*a I I HaMHl<lkia®B I
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      1356 15 FORD MOTOR CREDIT COMPANY U.S. $750,000,000 Floating Rate Notes due January 17,2002 In accordance with the Terms and Condition* of the Notes, the interest rate for the period 17th April, 2001 to 17th July, 2001 has been fixed at 4.885% per annum. The interest payable on 17th July, 2001 will
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      54 15 uilt for y°v Every unit enjoys ground floor |j VV, convenience 'repressive office-like facade fronting Eunos Link, in MacPherson Paya Lebar area **53UF Car lorry parking loading bays jf; at your doorstep s Private toilet for each unit flrag; """SEP"' For ancillary office/ light industrial/ y warehouse use so no
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  • e-NEWS
    • Article, Illustration
      Lock icon IBM meets 1st-qtr net profit estimates
      738 16 TECH RESULTS Earnings rose 15% to USsl.7sb in Ql; IBM reiterates its fall-year revenue and profit forecasts Bloomberg Reuters [NEW YORK] International Business Machines Corp (IBM), the largest seller of computers and related services, said first-quarter earnings rose 15 per cent and reiterated its
      Bloomberg; Reuters; AP  -  738 words
    • Article
      Lock icon Apple returns to profitability as promised
      370 16 SAN JOSE, California It posts Q2 profit of US$43lll, far exceeding analysts' expectations AP, Bloomberg APPLE Computer Inc far exceeded Wall Street's expectations on Wednesday, returning to profitability as promised after posting its first quarterly loss in three years. For the three months ended
      AP,; Bloomberg  -  370 words
    • Article
      Lock icon Tellabs lowers 2001 profit forecasts, plans job cuts to trim costs
      270 16 LISLE, Illinois Bloomberg TELLABS Inc, the biggest maker of equipment to manage traffic on phone networks, said 2001 profit will miss estimates after firstquarter earnings rose by 34 per cent. The company plans to cut 550 jobs to trim
      Bloomberg  -  270 words
    • Article
      Lock icon SAP beats expectations, sees earnings double in Q1 to 117m euros
      329 16 WALLDORF, Germany It predicts higher profit, sales for the Ist 9 months Bloomberg SAP AG, the largest maker of business management software, said first-quarter earnings doubled as revenue rose 29 percent, and predicted higher operating profit and sales for
      Bloomberg  -  329 words
    • Article
      Lock icon AMD's first qtr gain beats analysts' forecasts
      468 16 SAN FRANCISCO Reuters ADVANCED Micro Devices Inc, Intel Corp's principal competitor in the market for microprocessors, reported first-quarter profits on Wednesday that beat analyst forecasts as sales rose 9 per cent from a year ago and it took market share from Intel. For
      Reuters  -  468 words
    • Article
      Lock icon Ericsson, Sony in talks on mobile alliance
      473 16 STOCKHOLM/TOKYO Swedish firm would get a badly-needed ally while Japanese giant would boost European presence Reuters, AP SWEDISH telecoms equipment maker Ericsson and Japan's Sony Corp said yesterday they were in talks to team up in mobile phones, sending shares in both companies
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      Lock icon Page 16 Advertisements Column 1
      180 16 A Taste Of Italy In Singapore Lhhhhi i f "jH "ll Jb I S S"** t t3 i' §'Iri^m It'fc -.JH 4 v >\\ S JSt iffwiiiiiiii.n flir i iif I B *MHH JHi Tantalise your senses at Tuscany Ristorante, the delightful Italian restaurant located at level 2 of The
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  • WORLD news
    • Article, Illustration
      Lock icon US economic slowdowns hit emerging economies
      682 17 US trade deficit shrinks to USs27b in Feb, its lowest level in more than a yean Commerce Department Bloomberg [WASHINGTON] The slowdown in US economic growth is taking a toll on emerging economies from Mexico to China, as consumers in the world's biggest market
      Bloomberg; AP  -  682 words
    • Article
      Lock icon Japan's LDP leadership race is looking like a cliff-hanger
      421 17 TOKYO Reuters THE race to pick Japan's next leader was looking like a cliff-hanger yesterday amid fresh signs that the early frontrunner, former Prime Minister Ryutaro Hashimoto, faced a tough battle against his popular challenger. Mr Hashimoto, head of the conservative
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    • Article
      Lock icon Tough for Japan to meet growth target: Aso
      444 17 TOKYO He says 2-3 years of stable growth needed before govt can pay off huge debt Reuters JAPANESE Economics Minister Taro Aso yesterday said growth may miss its target this year, although the goal is not yet out of reach, but any
      Reuters  -  444 words
    • Article
      Lock icon Japan trade surplus down in March
      231 17 Bloomberg [TOKYO] Japan's trade surplus shrank in March as the nation's import bill rose faster than export earnings, which are being squeezed by slowing growth in the US and Asia the biggest markets for Japanese goods. The surplus narrowed to 799.5 biUion yen (5511.7
      Bloomberg  -  231 words
    • Article, Illustration
      Lock icon Ford Motor's Q1 earnings fall 41%
      620 18 CORPORATE RESULTS Slowing US economy drags on profit, USslb gain at higher end of estimates Reuters [DEARBORN, Michigan] Ford Motor Co reported a 41 per cent drop in its flrst-quar-ter earnings yesterday as the slowing US economy dragged on profits at the world's sec-ond-largest
      Reuters; REUTERS  -  620 words
    • Article
      Lock icon Mad cows, weak currencies depress McDonald's earnings
      372 18 OAK BROOK, Illinois Reuters, Bloomberg MCDONALD'S Corp, the largest fast food restaurant chain, said profit declined for the second straight quarter as falling foreign currencies and a "mad cow" disease scare in Europe hurt sales and earnings. First-quarter net income fell 16 per
      Reuters,; Bloomberg  -  372 words
    • Article
      Lock icon Daewoo Motors' loss: 13.7t won
      432 18 SEOUL Its 2000 net loss is a Korean record; raises doubts about its viability Bloomberg DAEWOO Motor Co reported a record loss for South Korea as it wrote off the value of most of its foreign assets and sold fewer cars and trucks. Korea's No
      Bloomberg  -  432 words
    • Article
      Lock icon Britain to ban human reproductive cloning
      249 18 LONDON Reuters BRITAIN announced yesterday that it would introduce legislation to ban human reproductive cloning in a bid to ease public concerns over the new technologies being developed. Health Secretary Alan Milburn said the current system of controlling such practices through licences should be
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    • Article
      Lock icon Accenture partners back plans to go ahead with partial listing
      456 18 m NEW YORK Reuters ACCENTURE Ltd, the world's No 1 consultancy firm formerly known as Andersen Consulting, will proceed with a partial public listing and its partners will be "by far the majority shareholder," managing partner and chief executive officer
      Reuters  -  456 words
    • OTHER RESULTS
      • Article
        Lock icon United Tech's Q1 profit up 17%
        113 18 Bloomberg [HARTFORD, Connecticut] United Technologies Corp said first-quarter profit rose 17 per cent, bolstered by sales at its Pratt Whitney jet-engine and Carrier air-conditioner units, as well as by acquisitions and cost-cuts. Net income rose to US$44O million (***** million), or 86 cents a
        Bloomberg  -  113 words
      • Article
        Lock icon Profit up 21% at Raytheon
        109 18 Bloomberg [LEXINGTON, Massachusetts] Raytheon Co, the third-largest US defence contractor, said firstquarter profit rose 21 per cent, led by the company's radar systems and defence electronics business. Profit from operations rose to US$97 million, or 28 cents a share, from profit from continuing operations of
        Bloomberg  -  109 words
      • Article
        Lock icon Novartis sales grow by 11%
        109 18 AFP [BASEL, Switzerland] Swiss pharmaceuticals group Novartis said sales grew 11 per cent in local currencies to 7.3 billion Swiss francs (557.57 billion) in the first quarter of 2001 from the same period in 2000. Sales were particularly strong in the group's pharmaceuticals and Ciba
        AFP  -  109 words
      • Article
        Lock icon Q1 loss at Xerox
        128 18 Bloomberg [STAMFORD, Connecticut] Xerox Corp, the largest copier maker, had a first-quarter loss as sales fell and said it expects the company's loss in the current period to be larger than forecast. The company had a loss from operations of US$B6 million, or 12 cents a
        Bloomberg  -  128 words
      • Article
        Lock icon Takashimaya's profit up 38%
        133 18 Bloomberg [Tokyo] Takashimaya Co indicated its second-half profit rose 38 per cent, as sales at Japan's No 1 department store operator increased. Group net income for the retailer's second half ended Feb 28 rose to 4.4 billion yen (Ss64 million), or 14.59 yen a share, compared
        Bloomberg  -  133 words
      • Article
        Lock icon Earnings fall 25% at Sears
        139 18 Bloomberg [HOFFMAN ESTATES, Illinois] Sears, Roebuck Co said first-quarter earnings fell 25 per cent because sales of spring clothing, lawn furniture and other seasonal goods fell and profit at the credit unit declined. Net income at the largest US department-store company dropped to US$l76 million,
        Bloomberg  -  139 words
      • Article
        Lock icon Profit up 43% at Holland's ST
        220 18 Bloomberg [PARIS] STMicroelectronics NV said first-quarter profit rose 43 per cent, buoyed by sales to mobile phone makers. Europe's biggest chipmaker said it expects second-quarter sales to decline because of slower economic growth. Net income rose to U*****.8 million, or 38 cents a share,
        Bloomberg  -  220 words
      • Article
        Lock icon Colgate sees higher sales
        83 18 Reuters [NEW YORK] Colgate-Pal-molive Co, the largest maker of toothpaste, said first-quarter profit rose 12 per cent as new products helped the company widen its US lead over Procter Gamble Co's Crest. Net income at the maker of Total toothpaste and Irish Spring soap increased to
        Reuters  -  83 words
    • Article, Illustration
      Lock icon Drug firms drop court case against S Africa
      572 19 They wanted to stop govt importing cheap versions of brand-name drugs AFP, Reuters [PRETORIA] International drug companies yesterday dropped a court bid to stop South Africa importing cheap versions of brand-name Aids drugs. Activists danced and chanted on the benches of the
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    • Article
      Lock icon Collapse of China-US talks averted
      448 19 SPY-FLAKE TALKS AP AVERTING a collapse of talks over a spy plane collision, the top US negotiator said yesterday the Chinese agreed to discuss the return of the American aircraft held for three weeks. The Americans had threatened to walk out after the first day,
      AP  -  448 words
    • Article
      Lock icon Pentagon prepares plan for reconnaissance escorts
      390 19 WASHINGTON Debate over whether this would be too confrontational goes on LAT-WP THE Pentagon has prepared detailed plans that call for fighter jets to escort military reconnaissance aircraft through international airspace, plans likely to be implemented if talks between the United States and China
      LAT-WP  -  390 words
    • Article
      Lock icon HSBC new charges cut accounts by 110,000
      349 19  -  From Quak Hiang Whai in Hongkong HONGKONG Shanghai Banking Corporation (HSBC) has lost some 110,000 accounts since the territory's largest bank announced new charges for depositors from July. Of that figure, about 60,000 involved consolidation of accounts, the bank was quoted by news
      349 words
    • Article
      Lock icon Slowdown seen for Asia's developing economies
      1104 20  -  ADB expects growth to fall to 5.3% this year from 7% last year From Anthony Rowley in lokyo A COMBINATION of slowing export growth and declining domestic consumption will cut overall growth in developing Asian economies to 5.3 per cent this year from 7
      1,104 words
  • Page 17 Advertisements
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      132 17 WANGZ BUSINESS CENTRE n located at The Ritz-Carlton, Millenia Singapore Committed to Raising Your Expectations of what a Premiere Service Office should be Prime Location Prestigious Address 21 Luxurious Suites with High Ceiling 2 Functional Meeting Rooms i State-of-the-art Information System Grand Reception Area j Access Private Drive-in Private Outdoor
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      Lock icon Page 17 Advertisements Column 2
      1145 17 I I Keppel Land Limited I (Incorporated in the Republic of Singapore) H Notice of Annual General Meeting I ALL MEMBERS ARE CORDIALLY INVITED to attend the Annual General Meeting of the Company which will be H held at 230 Victoria Street #15-05, Bugis Junction Towers, Singapore *****4 on 22
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      235 18 HKIIHHHHi BHD GENERAL INSURANCE ASSOCIATION OF SINGAPORE fl (Incorporated in the Republccf Singapore) Jp g* Director fl| The General Insurance Association of Singapore (GtA) has a challenging j, opportunity for a suitable candidate to be appointed as its Executive Jl Director (ED). Reporting to the GIA Management Committee and H
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      1377 19 0 Shangri-La hotel TED |l (SINGAPORE) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 40th Annual General Meeting of Shangri-La Hotel Umited will be held in the Peony Room, Tower Wing, Shangri-La Hotel, 22 Orange Grove Road, Singapore *****0 on Saturday, 12 May 2001 at 10.00 a.m.
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      3962 20 NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 I IN THE MATTE* Of THE COMPANIES ACT (CHATTER 50) AND IN THE MATTER OF TOH CHIN CHAI TRADING t GENERAL CONTRACTORS PTE LTD (liMOfperatod m the Republic of Snjopore) (In Liquidation) Members' Volofltafy Al on Extro-Ordinary General Meeting
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      Lock icon Page 20 Advertisements Column 2
      23 20 tWol* i 1 *2,A** Tht Straits Times Classified where fl virtually every f 1 vehicle is J at your rTL/ 4 fingertips. M
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  • FINANCE & commodities
    • Article
      Lock icon April STI contract adds 36 points
      266 21  -  SOX Derivatives Trading Report Wong Ann Chuen Refco (Singapore) Pte Ltd THE Singapore stock market soared on the back of bullish computer-related and electronics stocks, buoyed by the US Fed rate cut and a stream of positive earnings news. The benchmark STI surged 39.96
      266 words
    • Article
      Lock icon Futures rise but end off day's highs
      239 21 MSCI Taiwan Index THE Taiwan stock market rallied, spurred by a surprise US Fed interest rate cut of 50 basis points. The MSCI Taiwan Stock Index surged 6.71 points, or 2.73 per cent, to finish at 252.54 points. Turnover for the Taiwan Stock
      239 words
    • Article
      Lock icon CURRENCY REPORT
      241 21 Reuters THE US dollar hit three-week lows against the yen and fell almost a quarter cent against the euro yesterday as currency markets fretted that a shock US rate cut a day ago was prompted by a sharper slowdown than expected. US stocks cheered up after the Federal
      Reuters  -  241 words
    • Article, Illustration
      Lock icon Untitled
      1177 21 WIWMty wniiif n mrwnwifiri-Fmaflwyrtf-fiiiPfr-----JT-' --"r-i-Minc-DrrBKBAMMCKOWKATBi AprI9 CS ffc I— ffr f li$ V— Wow m NZSMiis Htc S$ tmd Sfr NT$ Hfct Km* US$ Antral! 0.785 4174 0570 17* 11M 1923 ***** 55.727 0.6M 6.535 1511 1.242 30.886 25.100 0.906 4.096 0572 16.499 22.691 0.352 0.503 ClM* 1273 13)5 0.725
      1,177 words
    • Article
      Lock icon Untitled
      1820 21 SICOM FUTURES Apr 19 RUBBER (Mures closing as at 5.30pm) RSS1 CONTRACT(S cents/kg) CtoM Mm OpM H ,*L 1 (^4 MOmn Mpi LOW Mil vlORlvS/ ilHll 111 MayOt 104.00 1 JunOI 104JO 100 Jul 01 ***** 250 Aug 01 ***** 250 RSS 3 CONTRACT (US ctnta/kg) VoiMM OpM Month Kjjjjfe
      1,820 words
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  • STOCKS east asia
    • Article, Illustration
      Lock icon Hongkong shares surge 4.4% over US interest rate cut
      2790 22 HONGKONG AFP PI Hang Seng +576J5 HONGKONG share prices surged 4.4 per cent yesterday after the US Federal Reserve announced a surprise interest rate cut, dealers said. The key Hang Seng Index gained 576.15 points to close at 13,548.95, on a
      AFP  -  2,790 words
    • Article, Illustration
      Lock icon CHINA
      1060 22 AFP P| Stephen B Index *100 CHINA'S Shenzhen B Share Index rose 2 points, or 0.55 per cent, yesterday to end at 368.03 as turnover slipped 17 per cent to a thin HK$l.47 billion. The Shanghai B shares closed 0.6 per cent firmer, a tenth consecutive record high, in
      AFP; Source: Credit Lyonnsis Securities(Asia) Ltd  -  1,060 words
    • Article
      Lock icon TAIPEI
      379 22 AFP PWPfata TAIWAN share prices closed 1.8 per cent higher yesterday, buoyed by rallies on Wall Street following a surprise interest rate cut by the US Federal Reserve, analysts said. The Taiwan Stock Exchange Weighted Price Index surged 99.89 points to 5,608.52, on turnover of NT5128.05 billion. Sharp gains
      AFP  -  379 words
    • Article
      Lock icon Tokyo stocks up 1.7% on Wall Street rally
      2060 22 TOKYO AFP Proms ♦am SHARE PRICES in Tokyo rose 1.7 per cent yesterday following the US Federal Reserve's surprise interest rate cut which sent Wall Street soaring, brokers said. The Tokyo Stock Exchange's Nikkei Average briefly topped the psychological 14,000-point resistance level
      AFP  -  2,060 words
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  • STOCKS klse
    • Article, Illustration
      Lock icon Daim's leave news wipes out early gains
      415 23 AFP P Qpmpositelndei -&01 MALAYSIAN shares closed barely changed yesterday with earlier gains erased amid news that Finance Minister Daim Zainuddin has gone on two months' leave, dealers said. The Kuala Lumpur Stock Exchange Composite Index eased 0.01 of a point to finish
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    • Article
      Lock icon Untitled
      6460 23 INDUSTRIALS Cwhhmt products 2001 L«t Vol Day Net C«a J** U»» Coaxny Sale "OOP HUH Low p/t >w|| S°s 0 m J wo 290 8.7 n73 277 •—£2 2 4 290 290 "g-0 ?fi«S= 'i 7 75 1334 34.5 3425 193 ***** SS C ,g— 460 h M 6.8 450.0
      6,460 words
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  • SGX clob & regional stocks
    • Article
      Lock icon Untitled
      2681 24 BONDS WARRANTS Apr 19 Wt Ml h«/ bpfcy S2-M lot M LaiUnli to| ksart Cm Car Mac 1Mb I— tmjmf Mi m- nWI L— —tar W» hl» CinMil Mli M> <»> UK 40 0.5 s Acma W*****4 0.5 unch 28 0.5 0.5 0.5 1 41.0 1 300 560 91.00 3
      2,681 words
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      Lock icon BANGKOK
      736 24 AFP Fi SET Index *0174 THAI shares edged up 0.02 per cent yesterday due to the unexpected rate cut by the US Federal Reserve and buying ahead of earnings reports by banks and financial institutions due this week. The Stock Exchange of Thailand (SET) Composite Index rose 0.74 point
      AFP  -  736 words
    • Article
      Lock icon MANILA
      287 24 AFP P Composite Intel *190 PHILIPPINE share prices rose 0.2 per cent yesterday aided by a cut in US interest rates. The Composite Index added 2.90 points to close at 1,428.87. Volume turnover remained thin at 357.85 million shares worth 614.07 million pesos. —AFP hft 19 COOP) Abacus Construction
      AFP  -  287 words
    • Article
      Lock icon WELLINGTON
      261 24 AFP PHBE-40 *SXIO NEW Zealand's share market yesterday soared on a local rate cut and the strong performance from the US markets overnight. The key NZSE-40 Capital Index closed up 2.6 per cent, or 53.10 points, at 2,119.67 on turnover of NZ5112.2 million. *Fj9 COOP) Advantage HOS 0.87 0.08
      AFP  -  261 words
    • Article
      Lock icon SYDNEY
      554 24 AFP jPf AH Ordinaries +44J0 THE Australian stock market closed 1.4 per cent higher yesterday after interest rate cuts in the US boosted expectations of similar reductions here, brokers said. The All Ordinaries Index rose 44.1 points to 3,263.6 and the ASX2OO climbed 46 points to 3,324.2. The All
      AFP  -  554 words
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      Lock icon JAKARTA
      739 24 AFP CI Composite Index -<Jg INDONESIAN share prices closed 1.9 per cent lower yesterday on the rupiah's sharp fall following President Abdurrahman Wahid's midday warning that hundreds of thousands of his supporters will come to Jakarta to defend him, dealers said. The US rate cut buoyed some of the
      AFP  -  739 words
    • Article
      Lock icon SEOUL
      316 24 AFP Composite Index *2131 KOREAN stocks surged 4.3 per cent. The index closed up 23.31 points at 563.31. Volume was 558 million shares worth 3.5 trillion won. AFP *»f 1* »or A nam Semi 5090 470 Brain T ech 680 -80 Central IT unth CheilComm ***** 1100 Dee Gu
      AFP  -  316 words
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  • Article
    Lock icon STOCKS sgx
    7917 25 SGimimoutD Of M MR 524ft Laft Vol Day UMQaM* M» Mr VM MM Cap Am Will Low Cewpany Sale fOOO) W# U» Buyer Mhr Cut HE sJl Mm MULTI-INDUSTRY 153 39.5 c Acma50c 45.5 cd +2 68 46 44 44 45.5 0.5 19.9 0.5 12 79 43 41
    7,917 words
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  • THE CEO speaks
    • Article, Illustration
      Lock icon An American expat in England
      1337 26  -  Ernst Young's William Kimsey believes in staying close to the marketplace, even if it means uprooting himself and his family, reports amkateo ANNA TEO ONE of pop singer Sting's numerous hits is about an Englishman in New York. When William Kimsey became chief executive officer
      CHRIS LOH  -  1,337 words
    • Article
      Lock icon The right move at the right time
      664 26 William Kimsey explains the rationale behind the sale of Ernst 6 Young's consulting arm to Gap Gemini ERNST Young became the first Big Five firm to seal its split from its consulting arm when it sold the business to Cap Gemini SA early
      664 words
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  • EXECUTIVE Lifestyle
    • Article, Illustration
      Lock icon Gourmet Appeal
      1782 27  -  Gourmet stores come and go, but those that stay in the business usually do so because of a strong game plan. Several retailers share their ingredients for success with Jaime Ee Wholesaler Culina tapping opportunity in retail trade Jaime Ee A POSSIBLE question in a lesson on economics:
      1,782 words
    • COVER STORY
      • Article, Illustration
        Lock icon Swiss Butchery focuses on quality
        990 28 PEERING from Swiss Butchery's spotless glass display section are two skinned rabbits from France something you would expect to see in a Parisian marketplace rather than a butcher shop in Hillcrest estate. Then again, Ernst Huber himself is a rarity in Singapore a former hotel
        CHRIS LOH  -  990 words
      • Article, Illustration
        Lock icon It's all about niche marketing, says Cold Storage
        970 28 GOURMET retailing was the logical way to go for the Cold Storage group when it came to deciding what focus its new acquisitions at Paragon and Raffles City shopping centres would have. "We didn't want to have a 'me-too' situation," says CEO
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    • EPICURE
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        Lock icon Some winners, some losers
        836 29  -  coßnmE herb finds Nectar's cuisine and service inconsistent Its interior design, however, is worth checking out CORINNE KERK IN Greek mythology, nectar was the gods' preferred drink. In Singapore, I'd say plain water cold or warm is the choice of generations. Which is also why the
        836 words
    • ENTERTAINMENT
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        Lock icon Effective build-up but limp climax
        570 30  -  CINEMA 'Orimaon Elver*' ffclla to connect, despite all the requlilte ingredient* in pkca Bu Parvathi Nayar THERE'S an old adage that says In effect, If it looki like a duck, walks like a duck and tounda like a duck, well then, It Is a duck.
        570 words
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        Lock icon Colourful tale of a starlet
        526 30  -  TELEVISION Dorothy Dandrldge'o life make* for compelling viewing, bnt the biojdc can get plodding at tlmee By Parvathi Nayar INTRODUCING Dorothy Dandridgt: an appropriate title for a film on the 40s Hollywood star, •lnce ihe'i neither ai well-remem-bered nor as Iconic as Marilyn Monroe or
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    • HEALTH
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        Lock icon Let's talk about sex,hubby
        1080 31  -  Therapist and relationship counsellor Rosie King gives some advice on how doctors and patients can discuss issues concerning sex. flflßnnni reports CORINNE KERK IN the 70s, patients suffering from erectile dysfunction (ED) —the inability to get and maintain an erection Arm enough to have sex— were
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        Lock icon Gadaffi's daughter a leader in the making
        408 31 tofl/AsiaißyVomaa THE Muslim world may soon hive a dynamic new political leader, says Dina Naschetti in L'Esprtaso and she's quite something to behold. Alsha Gadaftl, daughter of the Libyan dictator, Is 23 and as beautiful as a Hollywood star. She dresses like a
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    • golf links
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        Lock icon A thinking golfer's course and more
        842 32  -  What is it about the Legends' resort which attracts ve* sreemivasah and so many other golfers to it? VEN SREENIVASAN PRENCH writer Jean Giraudoux once described a golf course as "the epitome of all that is purely transitory in the universes, a space not
        842 words
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        Lock icon Bungalow lots set for relaunch later in year
        544 32 THE Legends resort is relaunching the sale of its Villa Tropika freehold bungalow lots later this year. The earlier launch in 1997 was hit by the ftill force of the regional financial crisis. Nevertheless, the Legends managed to sell about 40 of
        544 words
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        Lock icon Horses, farmhouse meals to occupy the family
        322 32 ONE of the biggest dilemmas golfers face is keeping their families happily occupied while they chase a small dimpled ball around for almost five hours. Although most golf clubs have the obligatory swimming pool, recreational rooms and restaurants, kids often tire of these
        322 words
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      Lock icon CINEMA
      767 35 Almost Famous. Cameron Crowe's tale of a 1970s band on con* cert tour, complete with groupies and amateur reporter. R(A). Yangtze. Antitrust. Computer whiz Ryan Phillippe goes to work for Tim Robbins, who heads a huge software corporation. Orchard, Causeway. Beach Rd, Balestier, Century, Yishum Tiong Bahru, Boon Lay,
      767 words
    • Article
      Lock icon ENQUIRIES AND BOOKINGS
      117 35 Cathay Org Cathay 338-3400 Eastshore 346-1816 Orchard 235-8386 Picturehouse 338-3400 Yangtze 223-7529 Eng Wah Empress 777-5867 Jubliee 454-164(J' Mandarin 292-9401 Marina 338-9719 Whitesands 585-1782 Golden Village 1900-912-1234 332-6098 for group bookings wheelchair facilities Bishan Boon Lay Marina TampinesB Tiong Bahru Yishun Overseas Movie Clementi/Co'wealth 777-0669 Golden/New Town
      117 words
    • TRAVEL
      • Article, Illustration
        Lock icon Thrills & Spills, ... in Osaka
        1051 36  - Thrills Spills, in Osaka PARVATHIMA YAK rides into E.T.'s home, plays cat and mouse with a shark, and encounters a terminator eyeball to eyeball as she enters the breathtaking make-believe world of film at Universal Studios Japan PARVATHI NAYAR CHERRY blossoms and adventure rides with dinosaurs: only in Japan could
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        Lock icon ANA offers special Universal deals
        334 36 UNIVERSAL pardon the pun consensus is hard to come by, but the one thing most travellers to Japan agree on is how expensive it is. Price tags like 2,500 yen (Ss37) for a cab ride or 1,500 yen for a snack are pretty deceptive; I
        334 words
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      78 28 RTo n fi 13 [4 fife \f" fi fa fio [11 ~Ri [ii TTS j airfrance.com.sg T Buy your ticket 24 hours a day. ~a. 7 days a week. Then enjoy free champagne I t. and the chance to win a trip to Paris for 2!* t. For more details,
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      36 29 oticon "WHAT." Exclusive Oticon Dealer Don't let hearing loss interrupt your daily life. Get DigiFocus, the world's first >v^/jj ear l n gPartners'" digital hearing instrument from Oticon. Come for a free hearing test today. ]XS'JJSJ
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      191 29 TAKE YOUR PERSONAL ASSISTANT TO AFRICA FOR LUNCH Invite her to sample Crocodile, Ostrich, Venison, Buffalo A other African delicacies. Pair the food with any of our award winning South African wines from Bellingham, Klein Constantia and Kanonkop wine estates. Impress with good food, great wines and fantastic ambience. Chef
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      601 30 ShEL Bfir llMtingi. Where to wine, dine and entertah./t@>fe» \mmmm mm—— Th* en* lunch dote a great boss never misses Secretaries' Week with Kenio md Ayura at the Marriott, 21-28 April mmn* Internetlonol buffet luneh at Marriott cafe, tl noon I.lopm, par adult (IncludN doer qitt by AYURA), ftr roMrvationi,
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      26 30 PAXIT M rt/ rN t ftV -f IBi fjßlll il. H ■Pi mmu i/ii ■mi Ws*h ifm'Jma fC :v ■■■■■■i Mn 7 HRhMmml Ht tv^.« A
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      44 31 oticon "SAY AGAIN 1 W Exclusive Oticon Dealer Don't let hearing loss interrupt your daily life. Get DigiFocus, the world's first V 0/_ Hearing Partners" digital heanng instrument from Oticon. Come for a free hearing test tOddV Listen We Care (A member of Oticoni
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  • Page 31 Miscellaneous
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      217 31 CRYPTIC CROSSWORD (6) 7 Heavenly prospects for the fu- 24 In favour of fashion that 27 Infamy of corps n quarrel (9) turg? (Q) sma|( charge (6) ight page initially read by g opponent gives notice to short PneSt(6) J~rn a cot nf linoc iq\ YESTERDAY'S SOLUTION poem, a set
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      34 32 E njo>f\%interest H K Poy By 12 Monthly Instalments When You Charge A Minimum Of $120 To Your^^ UOB Visa Or UOB MasterCard at WORLD OF GOLF. *Conditions Apply. Check Stores For More Details.
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      847 33 *4 Zll Series Putters mv«R conMimit from Never Compromise Face-balanced mallet HHHHHH Ntw for 2001 the W Sigma Is the culmination of New for 2001, the Z|l Omega, the culmination of High density stainless I 1 I Til Never Compromise's successful Center-Shafted Never Compromise's Center-Shafted Prototype series, steel head and
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      162 34 mm m JM BreS Hk J1 HHWWIIII JHp b I JB Jfl ''C~ :'j||i| j' t| ;^Hp..4 oxi^of 1 once "tho I of Roy Yamaguchi fQI> four Tasting Menus will be served at Lunch and Dinner exclusive Lunch $98+++ days only, at Dinner $168+++ Clul} Chinois Reservations required due to
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  • Page 35 Miscellaneous
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      2198 35 TODAY'S TV pwift—■Bwien iimmin ventral N&CNAaiaTodn A of the world to explore 00 AUe 12-30 PM Business Lunch. Buddhist and Hindu io!oo ■■>-<*?■ iug S^h^ridß^jWj. various modes Of ILOO Ma a^cian ales I 2JO Headlfnes?Spore UpTerminator, 11pm, Ch 5 transport in the 11 JO Incredible Hulk. 2J4 rch k Linda
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      132 36 tgf SINGAPORE DANCE THEATRE jfet WW. owirtonc. from: 100.000 p^l^w| jamP 4"6 11 -15 AVvj iPOI, 7-^Op K Casing &teek Growls open to picnictars fro* 5.00pm r frjf/ uv j 5 or more a*i 2v% c «Sfrai s i 1 TcWts are at &15 eack feast cm &?lioous pastwes Devotee
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      129 37 Reuters THE Baltic Dry Index (BDI) rose three points to 1,432, the Baltic Panamax Index (BPI) was unchanged at 1,557, the Baltic Handymax Index (BHI) firmed 14 points to 9,226 and the Baltic Capesize Index (BCI) was up nine points to 1,714. TIMECHARTER: ♦Ocean Irene (built 1986) 194,744
      Reuters  -  129 words
    • Article
      Lock icon MARITIME STOCKS
      273 37 «F» W CWT Distribution 0.47 -OOI Cosco Investment 0.17 unch 196 Freight Links 0.07 unch 488 G8 Holdings 039 unch 19 IMC HotdifXJS-HK 5.60 unch 0 Jay a Holdings 0.14 -0.01 648 KeppelCorp 2.92 -003 1297 Keppel FELS 0.86 0.01 99 Keppel Marin* 0.14 0.01 863 «Tele 0.93
      273 words
    • Article, Illustration
      Lock icon MOL achieves 3-year profit goal in just two
      688 37  -  All vital sectors, car carriers, dry bulk, containers, tankers, are profitable Reports by Beth Jinks [SINGAPORE] Top Japanese shipping company Mitsui OSK Lines (MOL) has achieved its three-year profit goal in just two years. In the 1999 and 2000 Japanese fiscal years
      ARTHUR LEE  -  688 words
    • Article
      Lock icon Containership, barge in collision
      262 37  -  By Beth Jinks [SINGAPORE] A Malaysian-flagged container vessel and a Singapore-reg-istered barge under tow collided in Singapore waters on Wednesday afternoon. The incident happened about 3.15 pm 1 km south of Pulau Übin, at the East Johor Strait. The Labuan-registered 1969gt container ship Johan II and
      262 words
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      Lock icon PSA Corp will face tough competition: MOL
      394 37 [SINGAPORE] PSA Corporation operates the most efficient ports in the area now but will face tougher competition from neighbours in the ftiture, according to visiting Mitsui OSK Lines (MOL) senior managing director Hiroyuki Sato. Mr Sato described his company's relationship with PSA as
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    • SHIPPING news
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        Lock icon Berth, vessel's speed, approach angle cited
        782 38  -  ADMIRALTY CASEBOOK Aussie berthing incident By Selva Kumar THE lack of a formal risk assessment for berthing and unberthing panamax size ships was one of the reasons for a nasty accident in which a bulk carrier ploughed into a jetty in a South Australian
        782 words
      • PORT Shots
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          Lock icon Canal box cargo hits record high
          80 38 THE latest figures from the Panama Canal Authority show record container traffic through the waterway during the past five months. Box cargoes rose 10.2 per cent to 14.2 million tonnes. Total cargoes were up 3.6 per cent to 81.8 million tonnes. Transits increased 1.3
          80 words
        • Article
          Lock icon OTAL takes IFW award again
          102 38 UK-based OT Africa Line has won Shipping Line of the Year at the IFW Freighting Industry Awards for the second year running. OTAL pipped MOL and TMM Lines to the prize after the judges decided that due to the difficult conditions in the West Africa
          102 words
        • Article
          Lock icon Daewoo Ship's Romania unit's gains
          106 38 Bloomberg [SEOUL] Daewoo Shipbuilding Marine Engineering Co said its Romanian unit earned its first profit since the world's second-largest shipbuilder bought the company in 1997. Daewoo Mangalia Heavy Industries SA had a US$l.3 million pretax profit before one-time items in 2000, on sales of US$66O
          Bloomberg  -  106 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      276 38 PAGE Ahrenkiel 12 Appenship 5 Asia OCL 11 Assets 5 Austral 6 Avant 12 B'tang Mas 6 BSA 7 BTL 12 Bangladesh 11 Batamindo 11 CCNI 7 CMACGM 3 COSCO 3 COCOS 5 CSAV 3 It Central Ex 6 Chahaya 12 ChoYanq 5 China Shpg 5 Confer
      276 words
    • Article
      Lock icon SHIPPING GUIDE
      19639 44 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT FRIDAY ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number To ABIDJAN (ABJ) 2003 Cote D'lvoire 01/05 07/06 Del mas DELMAS DURVILLE 1WW 65-*****44 02/05 03/06 COSCO YUAN HE 0083W 65-*****00 02/05 07/06 ZIM/Seth ZIM EILATI 15W 65-*****12 03/05 03/06 MOL P&O
      19,639 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        698 49 Vessel Voy No Berth Arrival Departure Bt Rahmat 5 ***** loi 19/04/84)0 6/04/204)0 Aulia Seraya 01-0ct J02 6/04/8:25 6/04/214)0 Bunqa THuki 01-Jul J03 19/04/8:35 19/04/17^)0 Winstar 2 046S01 J03 19/04/7.25 19/04/21^0 Bayswater118 M1098 J02 19/04/16:00 Poe 1207 Jan-00 JK 19/04/8:55 19/04/174)0 Ef 23 72 J02 19/04/17 JO EHnk
        698 words
      • Article
        Lock icon CONTAINER SCHEDULES
        1999 49 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/Balance Rstls Ship Voy No Etb/Btr Ptfted From To Frew ACTUARIA 07N0T7 21/N*0 18 18/1500 IS/1659 N/NOO 2A N/1700 19/0659 19/0900 2* M/T700 19/0659 19/0900 3 If/0700 I9/TI59 19/1400 4 N/1200 N/M59 19/1700 ACX FALCON 0138 20/8*0 N N/800 N/859
        1,999 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        192 49 Apr 25 Australia: Anzac Day. Italy: Liberation Day. New Zealand: Anzac Day. Apr 20 Japan: Greenery Day. Mayl Singapore: Labour Day. Thailand: Labour Day Malaysia: Labour Day Philippines: Labour Day South Korea: Labour Day China: Labour Day Hongkong: Labour Day Vietnam: Labour Day Argentina: Labour Day Belgium: Labour
        192 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        786 49 THIS report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
        786 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        537 49 Carton ISO Max 991.0 2-3 13.3 0.28 194 0.06 Apr 12 tensity Water Residue Ask Aluminium Sillmmt No above E25 0 1 0 1 1 0 380 Ave 964.6 0.3 12.7 0.06 22 0.02 Cxna 380 Max 990.7 U 14.3 0.11 67 0.03 W/IT3 %M/M WI
        537 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon AMR, UAL, Delta, other US airlines report Q1 losses
        925 50 Main reasons are falling business travel and rising labour and fnel costs Bloomberg [CHICAGO] AMR Corp's American Airlines, UAL Corp's United Airlines, Delta Air Lines Inc and three other large US carriers reported first-quarter losses because business travel fell and labour
        Bloomberg; AFP  -  925 words
      • Article, Illustration
        Lock icon Fuel prices and competition worry China Southern Airlines
        545 50 Reuters [HONGKONG] China Southern Airlines Co said on Wednesday that high jet fuel prices and tough competition could crimp its style in 2001 after it posted a profit increase of more than 500 per cent last year. "Competition in the domestic and
        Reuters; FILE PHOTO  -  545 words
      • Article
        Lock icon Qantas to buy out NZ franchise soon: report
        251 50 NZ media say it is expected to announce the deal within a couple of days Reuters [WELLINGTON] Australia's Qantas Airways is expected to announce within days that it wUI take over operation of its New Zealand franchise, local media reported yesterday. The
        Reuters  -  251 words
      • Article
        Lock icon China Air to order new jets, cancel existing options
        469 50 Bloomberg [TAIPEI] China Airlines, Taiwan's largest airline, said it won't exercise its options to buy Boeing Co and Airbus Industrie jets, although it will make a decision to order smaller new planes within two months. China Airlines will cancel its options
        Bloomberg  -  469 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1835 50 CHT Fuoff tu HJ6WT n» AM229 2230 LH6380 2230 WW 2230 «wMM S023 0635 K1838 2255 6*975 1035 $0328 232S MP KB tacUMtf N***** 2045 IH69M 2020 SO286 2045 *224 2020 $***** 2020 N***** 2045 turn 2045 taw* w ow5 erm vns mmmm m/utm m mM*
        1,835 words
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      25 37 Admiralty Casebook Pg2 AMR, UAL, Delta, other US airlines report Q1 losses BackPg Foei prices aad competition worry China Southern Airlines BackPg 1 www.maritimeChain.com 4*»
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      1166 38 NORTH AMERICA I I EXPORT I I OTHER DKmHAnaMS I ssx super shuttle express direct to long beach r~] pWriniiT nr rnrmni mmm puriQJum iwmUi WW maw etosm muas weston pocmo ■mnm wmaan vtssa I vot |Ml 1 PUMgnM iTl—. jjgjpooauuramu »u m/m io/m m/m m/m m/m m/m 12/k io/m
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      92 38 A SANKYU (S) PTE LTD 11 CLEMENTI LOOP, SINGAPORE *****3 TEL: *****40 FAX: *****11 CFS: KEPPEL DISTRIPARK BLK 513 #01-128 SINGAPORE *****9 JAPAW PORTS Hwki Kong 4 AH Chim Port* ievemv thmh fc MH YIHfl VB* ll VOY ETDSIM ETATYO ETA K0» ETA YOU ETAHGO ETA OS A MED TAICHUNG
      92 words
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      676 38 Li"®* services represented by Members of the Registry of Members of the vlljrjpSl Accredited Shipping Agents, "jgimk Sin 9 a P° re logistics Singapore Shipping Association sr!ri *W Association CONTAINERS/ CONVENTIONAL CARGO «0« ro«T KUNG/SMMFME/MKMTA MNGKOK VOY ETA PKL ETA SIN ETA MALE Empress lily (MO I tVU tf/U M/K
      676 words
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      1282 39 TO EUROPE j> ntOMEUKOK Ivissa vorlsw otm ano ham mv sou fit uh llygsa Ivor «tm whom tv sou nr ia sw API RMS 023W 21/04 00/05 06/05 13/0$ 10/0$ HYMRON 331E 02/04 30/03 31/03 20/03 20/04 HYWSCOVHY 301W 23/04 11/0$ 13/0$ 16/0$ 10/0$ MOINMS $421 06/04 OS/04 00/04 01/04
      1,282 words
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      1768 39 TO AKK T/T: Id MYS HWAH > T/T: 12 MYS I AQABA T/T: IS MYS J GENERAL AGENTS M SMGAfORI: 80 ROMNSON RO *12-00 SAUS/MGS TH; *****57/43 FAX: *****21/71 MAUYSIA OfFICE PASIR GUDANG TEL 07-*****66 FAX: 07-*****70 COSTAR SHIPPING PTE LTD *****8 OUTWARD (i/u 420SS0i *****25/75 PORTKLANG 03-*****433 03-*****444 Q
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      462 39 vtssa voy sin rKG vor sin hkg Ka inc usn pus )®sa voy sin jkt sub «KfflUN6 IQSS 15/ M 17/ M 10SW jM4 22/04 24/04 01/DS 27/04 27/04 jjjj jj/oj 77/04 KMRSMGAPOR 103S M/ 04 27/04 21/04 OS/OS 01/05 02/05 KMT( JAKAIA !fi2S 27/04 21/04 KMTC PUSAN IMS 30/04
      462 words
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      1031 40 SENATOR LINES ioadc EUROPE TDMPDimsr/KWPStt I WSSB m «5_ UM KM m mm otv nx Ivtssa Tim sm hi an n M PUNJAISBUTM 0014W 17.04 94.05 04.05 07.0$ 00.05 09.05 104$ AISAOAHU 0014W TTM nM ~oTttS MM HANJM VANCOUVB 0071W 20.04 110$ 110$ 10.0$ 11.05 14.05 0014W 2L04 05 05
      1,031 words
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      797 40 Catlf: MM COliiw UHE3, MC p.quoang:(ot)3BB3726 VrJ amk<m*WtT MAMLA: (632)*****24 mwtowawoe BANGKOK: <W2) *****67 SURABAYA: (31)*****11 KELANQ: (03) 36KM77 JKIi (21) MO4M6 KUCHHQ |ot2) *****1-3 KARACHI LAHORE MV "SINAR BANGKA" Y. 021 ETA SIN 22/04/2001 MY "CASTOR" Y. 021 ETA SIN 29/04/2001 (Abo accepting to MUUAN, FAISALABAD, SIAUCOT, RAWAIPffsKX, PESHAWAR,
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      519 40 1 I EXPRESS CONTAINER FEEDER FOR INDIAN PORTS —I FOR N.SHEVA (CFS MULUND MUMMi) COCHIN COLOMBO I ALSO ACCEPTING TO ALL NORTHERN AND WESTERN 1.C.0. POINTS I Vessel VOY S PORE N.SHEVA COCHIN COLOMBO P.KLANG PU GLORY 108W 22 APR 01 MAY 04 MAY 07 MAY 11 MAY I TULSIDAS
      519 words
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      1455 41 Good News! Good News! IRISL accepts LCL cargo from Singapore to Bandar Abbas in ihe weekly container service w.e.f. "Iran Tabatabaei"/PCL2O3 eta 21/4/2001 AGENT IN SINGAPORE AGENT IN MALAYSIA AATMT INDONESIA NO:1 ***** OOOOH BOUSTEAD SHIPPING AGENCIES SON. BHD. PT. SINOSE CONTI PERSADA iXJ KL TEL: 03-*****300 FAX: 03-*****682 TEL:
      1,455 words
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      475 41 Loading for J I TAHARA ROM/ATW/BMNAJK I GOOD FRIDAY RDM/ATW/BMN/UK J I OCEAN RANGER RDM/ATW/BMN/UK I S<ngaporß, Malaysia. Indonesia Loading for SAFEER JOH/AQA/DMT EVDOXIA HDO/JDH/AQA ill YALATIF DBI/ABU/DOH/BRN/DMM/KWT M\ PAUL X JDH/AQA/DMT SOUTHER STAR 1 JDH/AQA RAINIER D6I/ABU/DOH/BF3N/DMM/KWT PIONEER SUN DBI/ABU/DOH/BRN/DMM/KWT I EFFYN JDH/AQA/DMT I j 'Loads Singapore, E7W. Malaysia.
      475 words
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      1413 41 EUROPf EXPRESS SERVICE EXPORT I IMPORT YISHL YQY 3HI UH HTM AMR HAM IHV ftx VESSEL VOY RTM HAM FLX LfH SIN ni E,ll s S K mi ruRiwMiXN OloW |79/05 115/06 17/06; 18/06 19/061 20/*****/06 |HJ KIJING 0261 03/05 05/05 07/05 10/05 27/05 -AtgnmHiUMK TO A FtON-II MfMHi MHWHiVHI
      1,413 words
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      805 42 MHXIWRANIAN/BiACK SIA/IUROPI SERVICES EXPORT vßsa/vorMst sgp lao ivwilots Imp rdm 'bhv |nr zs LTHYSSBOOHfIPW 22AM OVOS (MIS 06/DS HVOS 09/05~|i 1/tK 13/05 14/D5 [YUHnaoowMiw 79/04 n/os la/os imk 17/ os iwk 20/» i9/fls LTUNamoo93oo9rf (Mi/05 2(V05 a/05 Hfls 23jA)5 25/05 27/05 2M)5 PMWWHgjI 13/05 25/05 27/05 29/05 31/05 3Q/05 03U0t
      805 words
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      372 42 AMAMUWf»IMWOUf/»M)IAWIU»COWnWPffMBRVKI won VESSEL VOYAGE SGP CM! DM DMN KM NXV AKM JED AQR UNI AMPLE 0002-037W 22/04 27/ M 03/05 05/05 01/05 UNI PATRIOT 0442-015W 24/04 28/04 04/05 05/05 11/05 EVER LEVEL 0796-162W 25/04 30/04 SONGHE 0164W 27/04 08/05 10/05 14/05 UNI ASPIRE *****33# 29/ M 04/05 10/05 12/05 15/05
      372 words
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      906 42 IMWKOMItf W HWT/U— CHAMMQ JAKAWTA/>AHJAMQ rasa vot s« w "if lcn vpsa 1 vot I sw jit Imm «M«« jm 74/04 tMJUUM 471S 21/04 74/04 bw- —is- as as y lAMIHUM WW M/ 04 71/04 1 825 24/ M 2J/M AMAMMUM** 717 M 75/04 79/04 77/1)4 ,l r MATHUIHIIM" SIM
      906 words
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      639 42 INDONESIA NATIONAL LINE TO AUSTRALIA T FULL CONTAINER SERVICE *a VOT WC SN HI M SYP m i> UL m NYKPHK 075 13/04 24/04 30/04 06/05 08/05 11/05 FONDAHUBE 10/04 01/05 H/05 U/05 15/05 li/05 AFIIVOW 375 >7/05 01/05 14/05 20/05 22/05 25/05 rmsom 14/0515/05 25/05 77/05 n/k ji/oi~ FEEDER
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      423 43 i PSA ia. e ITS!3r tISKfcSVHSI^^BF mm MYANMA «BBk FIVE STAR UNE (Myanmar National Line) Loading for Yangon VESSEL VOY SIN PKL PEN PGU •AGO 118W SID MONG U 45W 24/04 MALAYSIA AGENTS: BOUSTUD SHIPPING AGE IKIES KUL TU 03-*****300 PKL TEL 03-31/***** PHI: TEL 04-2****** PGU: TEL 07-*****21/4 BANK
      423 words
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      1181 43 HYUNDAI MERCHANT MARINE CO., LTD. Ivesa VOT 181 SOU UH RIM ANT NAM BRV I I VOT I SOU I 184 I IT ANT HAM IMY I {II I HYEMPBIOR 334W 16/04 01/05 02/05 03/05 05/05 05/05 NOICORAL 0201 30/03 31/03 25/03 27/03 18/04 j HYCOMMODORE 332W 19/04 05/05 12/05
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      1010 43 WALLENIUS WILHELMSEN 10 MOUTH AND lAIIN MURK* "CAR RORO HEAVYIIFT SERVICE" [vessel vor |mir heighti sin uc mo wua sav i iai i orf nyc niw mob TAIAIOT AH 109 4001 ms 6JM 26/04 03/06 06/06 08/06 10/06 11/06 13/06 17/06 19/06 TAMPER! AMIIO 400Ton$ 6.3 M 07/05 13/06 16/06
      1,010 words
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      77 46 SINGAPORE PTE LTD 15 McCallum Street #03-01/02 Natwest Centre Singapore *****5 V J Fax: (65) 2201)66 Email general#eaisin eculine net WESTOCEAN LINE 3 SAILINGS PER WEEK TO Weekly Service SHANGHAI l/JV. approved IRAQ shipments I Call: 220 3373 SeePgl2 SIN HUP SENG HUAT Looking For Cotton Rags P» N P
      77 words
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      783 47 SSAMUDERA SHIPPING LINE LTD 72 tana Rmhl, *06-01 to 03, Sli«pwi *****1 MM UNE/OUTWttD: 532 36U MWAID (MO): 437 23M IMPORT STATUS (DID): 437 2371 MVENTOtY (DR* 437 2420 IfcMto http://www3WM4m.co« Ct NO. 1 54t*****00N BOOKINGS UNE: 535 6266 lCdia/J«Mkq/Mw Chon/Jeslynn/Porq/Yvonne/Hgnim) BEMSMSBBM 7 SLGS/WEEKLY BBSiEBH 3 SIGS/WEEKLY |VP» I VOT
      783 words
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      669 47 [^JSTrozTiNES MM CUSTOMS SERVICE: TEL 02-221-SSM FAX:O2-227-1190 I SWGAKXfc TOWS JOOSHTfICrn lIP fa*liililnilTl|iii»n I GUOO ***** 22/14 GMA ***** 25/04 SHHftMI 2101 1 22/04 SHMUNEI 2101 22/04 GKIWG ***** 21/04 ggjjs ***** 20/04 OKIW ***** 24/04 OtIAN 21U 26/04 mm 2113 27/04 GKWH ***** 27/04 GIStAM6 2196 01/05 SWNUNII 2102
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      474 47 ENG LEE SHIPPING CO PTC LTD I I W: *****22 (10 Ums) Fas: *****38/*****60 I y ct um ist2fwooooc I VKSfI VOY SIN ETA SIN ETD DESTINATION Dwi Doyo 03/01 20/04 20/04 Dumai/P Baru/Buolon Union Ski 10 03/01 20/04 20/04 Belowor Union Slof 8 03/01 21/04 21/04 Jomfai/K. lungkol UnionS**
      474 words
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      559 48 VESSEL VOY SIN MAA SIN TIGER SPEED 890N 21-21/04 27-30/04 05-06W5 I TIGER METRO 889N 30-03/05 08-08/05 I TIGER RHYTHM 891N 27-28/04 03-0605 11-1205 I TIGER BRIDGE 892N 01-01/05 07-10/05 15-15/05 I TIGER SPEED 893N 05-06/05 10-13/05 18-19/05 I TIGER METRO 894N 08-08/05 14-17/05 22 23/05 I IVESSE^^^VO^^SI^^^CA^^SI^^I TIGER CLIFF
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      1118 48 nSt FREIGHT LINKS EXPRESS PTE LTD I 51 Ponjuru Rood, 3rd Uvol, Freight links Express Logisticentre, Singapore *****3 Tel: *****11 Fax: *****77 E-mail: flesinOsingnet.com.sg FREMANTLE/ MV. MH THAMRM VMHTO33 MUARA MV. SEA MERCHANT VSMH263 MELBOURNE/ HA SM: 23/04/2001 EU SM 24/04/2001 ADELAIDE CHITTAGONG MV. JURONG BALSAM VO9l «AMAS MV. TIOTMn«OVM9N
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      39 48 REGULAR DIRECT CONTAINER BREAKBULK SERVICE TO PORT LOUIS DURBAN EXPORT VOY SIN PTL DBN ALS ENDEAVOUR 03WB 21/04 02/05 07/05 ALS EXPRESS 04WB 28/05 09/06 11/06 ACCEPTING TO JOHANNESBURG Agaats: T«l hu Smgapore lenUneAgme *****61/147 *****43 mpy* IftMMMW 03SW080W
      39 words
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      712 48 TO nmow CHINA N. EUROPE service vtssa voy r™ 553~ ~I hkg xgg uo sha TftAbETfSiA 053e STAPR SSAPR 29APR STMAT 53MA? TftAKfK&A are 36 AM Mmay &SMAV ~66MAV lOMAV HJ KEELUNG 079E 05 MAY 09 MAY 13 MAY 15 MAY 17 MAY HJ BREMEN 054E 12 MAY 16 MAY
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  • Page 49 Miscellaneous
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      132 49 Sv^^ M LEGEND: Issued by Meteorological Service Singapore pj[ Thunderstorm Rajn Temperature Cpj //^w nc direction and speed in knots Weather Cloudy Day C^ 3 _j u i Sea Conditions Wind speed symbols t 1 g|, ht < 1 2m O Full circle w/o line indicates calm or light and
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