The Business Times, 23 May 2001

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Microfilm: NL22892
Total Pages: 78
1 78 The Business Times
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  • Title Section
    Lock icon Masthead
    15 1 THE BUSINESS TIMES MITA (P) 107/03/2001 SINGAPORE Internet: http://business-times.asial .com.sg/ WEDNESDAY, MAY 23, 2001 85C
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  • Article
    Lock icon MARKET SUMMARY
    79 1 Dsn 1,***** (+15.61) BT-SBI 66&80 (+2.19) ST DTOEX FUTURES LC77jOO (+11.00) SOCSCI FUTURES 209.40 (+0.80) STOCK MARKET INDICES Tuesday Change KLSE COMP ***** +2.16 NIKKEI 225 14,091.19 -85.64 HANG SENG +156.68 SET INDEX ***** +652 JAKARTA COMP 378.67 -0.71 MANILA COMP __1.451.20 -056 TAIPEI WPI 4591.48 +32.87 SEOUL
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  • Article
    Lock icon FINANCE
    80 1 FOREX BATES uss ss USS (S$ per USS) L810 £{l'SS/S$ per£) 1.439 2.605 EURO(USS/SS/E) 0.875 1.584 DM 2.236 1536 YEN 122.8 67.90 RM 3.800 2.100 HKS 7.800 4.310 BAHT 45.58 25.19 RUPIAH 11,423 6,312 *SS to 100 Mtb PRIME BATES SINGAPORE* 5.80 WJALA LUMPUR 7.67 JAKARTA .39.00 BANGKOK 9.50
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  • Article, Illustration
    Lock icon GIC fund managers consistently beat benchmark
    1004 1  -  Real rate of return always higher than G-3's average inflation rate of 5% By i Conrad Raj, Loh Hui Yin THE in-house fund managers at the Government of Singapore Investment Corporation (GIC) have consistently beaten a key performance target set by its board of
    ARTHUR LEE  -  1,004 words
  • Article
    Lock icon We have to pay top dollar for top talent, says SM Lee
    689 1  -  Singaporeans most understand that companies here have to compete in global league By\ Loh Hui Yin [SINGAPORE] Singaporeans must understand that they have to pay top dollar to attract the best talent to help local companies compete in
    689 words
  • Article
    Lock icon DBS axes several of its managing directors
    492 1  -  exclusive Bank seen tightening its management, trimming costs Byi Genevieve Cua, Angela Tan [SINGAPORE] DBS Bank has asked several of its managing directors to leave, sources say, and two others have resigned in what is seen as an attempt by the bank to
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      231 1 Nasdaq roars again, but it's not enough to help Asian currencies Pg 31 wstoe Top Stories Daim keeps Wage rise should be lower than last year: NWC. Pg 10 US slowdown has ended, says Treasury secretary. Pg 20 Japan springs surprise strong data. Pg 22 BT Comment Audrey Tan: Acumen
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      30 1 Time dot Com denies talk of Sing Tel tie-up Pg 6 1 1 —nr* Chartered Semicon slashes Q2 projections Pg 6 Minority shareholders seek to remove top Inno-Pac execs Pge
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  • NEXT page
    • Article
      Lock icon Listed companies unfazed by Sing$ fall
      934 2  -  exclusive Depreciation against US$ could boost earnings for some of them: analysts By: Rachel Ong [SINGAPORE] Despite the high import content of Singapore's exports, listed companies here are unfazed by the recent fall in the .value of the local currency. Instead, regional economists and
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    • Article
      Lock icon Daim hints that he may resign after two-month leave
      495 2  -  EL rife with talk that he is returning to the private sector From Eddie Toh in Kuala Lumpur ALL those rumours about the fate of Malaysian Finance Minister Daim Zainuddin were finally given some credence by the man himself when he
      495 words
    • ON THE grapevine
      • Article
        Lock icon Sounding the all clear too soon
        127 2 THE Keswicks of the Jardine Matheson Group must have been too keen to tell the world they had beaten off yet another attempt from some renegade shareholders to break the family's control of the British hong. In the middle of the famous showdown at
        127 words
      • Article
        Lock icon Zen Bushism
        164 2 US President George W Bush on Monday revealed the truth behind his well-publicised verbal gaffes. In a commencement speech at his alma mater, Yale University, Mr Bush said that during his undergraduate days, he took a class in Japanese haiku. "Haiku, for the uninitiated, is a 15th century
        164 words
    • Article, Illustration
      Lock icon Francis Leung to join Salomon Smith Barney Asia
      317 2  -  Father ri Red Chips will rtmrnltp roflmil bmriiiwi. fans mi Greater China From Quak Hiang Whai in Hong Kong FRANCIS Leung, popularly known as the Father of Red Chips and one of the founders of the now-defunct Peregrine Investments, is Joining Salomon
      APPLE DAILY PILE PHOTO  -  317 words
    • Article, Illustration
      Lock icon Tap fund managers for better returns on CPF: SM Lee
      313 2  -  OICs 20th anniversary He also debunks any ideaofalink between CPF, GIC By< Conrad Raj [SINGAPORE] Central Provident Fund account holders can get better returns on their savings if they place them with competent fund managers, Senior Minister Lee Kuan Yew
      ARTHUR LEE  -  313 words
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      46 3 %5U n s H For a copy of the Zenith catalogue, please contact LVMH Watch Jewellery Singapore Pte Ltd. Tel: 832 9103 or email: info@zenithwatches.com.sg Exclusively available at CORTINA: Raffles City 339 9185. Paragon 235 0084. SINCERE: Ngee Ann City 733 0618. Lucky Plaza 737 4648.
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  • FOCUS GIC
    • Article, Illustration
      Lock icon When property deals come a-begging
      334 4  -  By] Lob Hui Yin A WHOLESALE fruit and vegetable market, golf courses and an entire satellite city. These are some of the more unusual investment proposals that GIC Real Estate's vice-president Joyce Sit has been shown. "I can only imagine how good a golfer I
      334 words
    • Article
      Lock icon What GIC staff say
      234 4 'We stress interdependence, not as a corporate, nicety, but as thefmJyMJay a global manager w can perform without burning out.' —Aje Saigal, QlC's chief Investment officer (global equities) 'My challenge is to find the next Microsoft of the world. Ho HinWah, QlC's head of global technology
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    • Article
      Lock icon A 'Fifth Schedule' Company
      147 4 GIC is incorporated under the Companies Act and is wholly owned by the Government of Singapore. However, as it manages government assets and the country's reserves, it has been designated, under the Constitution of Singapore, as a "Fifth Schedule" company. Several consequences arise from this status:
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    • Article
      Lock icon GIC research teams to put their money where their mouths are
      685 4  -  by Conrad Raj The Government of Singapore Investment Corporation's (GIC) economic research teams have to do more than just research— they have to put their money where their mouths are. In addition to the traditional global and regional equity
      685 words
    • Article, Illustration
      Lock icon Learning the right lessons from market crises
      563 4  -  By< Conrad Raj SEVERAL incidents remain vivid in Ng Kok Song's mind in his 30 years of managing Singapore's foreign reserves and which have taught him how to deal with market crises. The first was the Wall Street crash of Oct 19,1987. He
      RICHARD CHNG  -  563 words
    • Article
      Lock icon Singapore owns choice real estate in world capitals
      633 4  -  Through GIC RE, it has 120 separate property investments in more than 25 countries By\ Loh Hui Yin THE AT&T Corporate Centre in Chicago, the Amex Centre in Sydney and Shidome City Centre in Tokyo are landmark buildings in bustling international cities.
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    • Article
      Lock icon GIC SI's chief recalls some spectacular returns
      555 4  -  By. Loh Hui Yin A MODEST US$lOO,OOO invested by GIC Special Investments Pte Ltd in a then-fledgling US company called Cisco Systems grew into US$B million by the time the Singapore government investment company sold its stake a few years ago. But had
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    • Article, Illustration
      Lock icon Managing Singapore's US$100 billion
      511 5 A look at GIC on its 20th anniversary Mission To achieve good long-term returns on state assets placed under (GlC's) charge by investing internationally, with due regard to risk and the nature of associated liabilities Objectives To outperform an appropriate composite world index, through optimal allocation
      511 words
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  • SINGAPORE companies
    • Article, Illustration
      Lock icon Time dotCom denies talk of SingTel tie-up
      375 6  -  Bat it remains committed to securing a strategic partner From. Eddie Toh in Kuala Lumpur MALAYSIA'S Time dot Com has dismissed rumours that it is again talking to Singapore Telecommunications Ltd on a tie-up. "We wish to clarify that the company is not
      FILE PHOTO  -  375 words
    • Article, Illustration
      Lock icon Fireworks expected at Inno-Pac AGM
      619 6  -  Some minority shareholders will seek to remove several directors By\ Serena Ng SEVEN minority shareholders of Inno-Pacific Holdings want to remove several directors of the company including its managing director and executive deputy chairman because they feel that management is not doing enough to enhance
      Source: Reuters  -  619 words
    • Article
      Lock icon Chartered slashes Q2 projections
      341 6  -  It anticipates a 48% drop in revenue from <U's USs2o6.7m, cites weak market conditions By* Andrew Wee CHIPMAKER Chartered Semiconductor Manufacturing yesterday slashed its second quarter revenue projections, which are expected to be 48 per cent lower compared with the first quarter's, citing "weaker-than-expected market" conditions.
      341 words
    • Article
      Lock icon Technical glitch hits SGX, trading starts only at 9.34am
      168 6 THE Singapore Exchange was hit by a trading glitch yesterday morning. A technical problem delayed the start of stock trading and was rectified only after half an hour. In a statement last evening, SGX said its Sesops trading system "was down
      168 words
    • Article
      Lock icon Acumen is name of the game in Li Ka-shing's buys
      1017 6  -  HOCKlfffffgTgW Audrey tan WHEN you've convinced people to pay you close to HK$l billion (*****.2 million) for a stake in your company, what do you do if everyone now knows your business plan is not viable? Well, you could take
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    • Article
      Lock icon Banks have role in Net age, says JP Morgan exec
      510 9  -  They can help corporate clients manage excess cash more efficiently %< Chua Hui Min DESPITE the new competitors that Internet technology has thrown up, there is still a role for banks to do what they have done best ensuring that
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    • Article
      Lock icon Speculation drives Parkway up 7.5c
      199 9 PARKWAY Holdings surged 7.5 cents or nearly 8 per cent yesterday to close at $1.04, fuelled by speculation on what the listed healthcare operator may announce at a briefing for analysts and media tomorrow. More information on the disposal of its loss-making London Heart Hospital
      199 words
    • Article
      Lock icon Keppel Corp shares surge on restructuring hopes
      371 9 Many good-valne firms buried in group: fond manager Reuters SHARES in Keppel Corporation and its subsidiaries powered up yesterday as hopes of a restructuring within the Singapore conglomerate stirred fresh investor interest, more than a year after the idea was floated. "There could
      Reuters  -  371 words
    • Article
      Lock icon Correction
      41 9 IN yesterday's story "Sing Tel Mobile, Pizza Hut tie up", we said that Pizza Hut would spend about $50,000 on its initial promotion. Actually, Pizza Hut will spend about $500,000 on the initial promotion. We are sorry for the error.
      41 words
    • Article, Illustration
      Lock icon NOL hits intra-day high on market talk
      536 9 Speculation about 2nd US listing and flotation of units boost shares Dow Jones SHARES of Neptune Orient Lines (NOL), hit an eight-month intra-day high yesterday on market talk that the shipping giant is seeking a second listing in the US, according to analysts
      Dow Jones; FILE PHOTO  -  536 words
    • Article
      Lock icon Brierley up 10% on sale of James Hardie stake
      196 9 Reuters SHARES of Brierley Investments Ltd surged as much as 10 per cent yesterday after the firm said it was selling its 28.7 per cent stake in Australia's James Hardie for A 5567 million (*****.6 million). It closed up 4.5 cents
      Reuters  -  196 words
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      469 6 P*KMV&WUSP(CDPERS 0 Singapore Statement of Accounting Standard (SAS) 33 will be effective 1 July 2001 following the implementation of International Accounting Standard (lAS) 39 internationally on 1 January 2001. Described as one of the more radical changes to current accounting practice, SAS 33 will affect all financial instruments, not just
      469 words
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      43 7 j. \<m mt\ f «§§> J I $3) v Aa* j£~.A~ f 1 ii «£i A':,- tt "*M x:< irt It .iii Mj 40* x-i^' "V" 7 1 vv?' i|' 'fymg yBSESP* '"th» •-'SSfiPP ...giKr. J&r v 1 _a jt .-IT aTT JL .'xf'.
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  • SINGAPORE markets
    • Article
      Lock icon Untitled
      342 8 Stocks Volume GES Intl Ltd 20c 31,730,000 Tianjin Zhong 27,364,000 AddvalTech 2.5c 21,975,000 TFVUSlc 21,880,000 Unidux 6c 21,220,000 SingTel 15c 19,388,000 PCI 25c 18,495,000 Parkway H 25c 15,309,000 PacificCenturylOc 12,643,000 Enzer 12,009,000 Stock* Chart Semiconductor 26c 48,991,050 Datacraft 10c 46,256,130 VentureMfg25c 46,041,300 UOB 39,411,550 DBS Grp 37,921,700 SingTel 15c 32,546,620
      342 words
    • Article, Illustration
      Lock icon Small caps in play, inspired by slow, steady rise of STI
      612 8  -  l-l i comment YOUR MONEY r. sivanithy THE news coming out of the US is by no means positive but it seems that as long as it's less negative, investors here and elsewhere in the region are happy to
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    • Article, Illustration
      Lock icon Strike Engg warrant backed by decent company fundamentals
      192 8  -  WARRANT WATCH By\ R Sivanithy SINCE we last featured it a few days ago, the Strike Engineering warrant seems to be making a bit of a comeback. The shares yesterday added one cent at 18 cents while the warrant rose half a
      192 words
    • Article, Illustration
      Lock icon Chartered set for pullback?
      225 8  -  HOT STOCK By Ven Sreenivasan CHARTERED Semiconductor, which has just lowered its second-quarter revenue and earnings estimates, was among the most actively traded stocks on the bourse yesterday, closing unchanged at $5.80. A total of 8.5 million units were traded considerably more than the 10-day moving
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  • Article
    Lock icon UNIT TRUSTS & FUNDS
    2824 8 UNIT TRUSTS FUNDS Manager's prices (Ss):May 23 Aberdeen Asset Mgt Asia Ltd Aberdeen Select Portfolio: Global MNCFd 0 793 0.833 Global Technology Fd!** 0.726 0.764 UK Blue Chip Fd!** 0.803 0.845 American Opport Fd 0.884 0.929 Cont Euro Eqty Fd!** 1.111 1168 Japan Eqty Fd!** 1.273 1.337 Asian Fixed Income
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      38 9 WMM Wi M SOI gbeejco eraa (jhwmwf) fajwienced JkiUfiil nummm! Steamba'th, Sauna —«>*• Hot St Cold Pool, Gym »Movie Restroom Cafe Individual room with Bathroom i Free flows of snacks ft drinks V Hot Warm Chill Pool Pool Pool
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      23 9 Locate its owner through Classification 821 (Found). Simply call C.A.T.S. at 1800-737-1166 for this free service. Another T Classified 1 cat-s. I Service
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      374 9 EuYanSang Un lfal backed 8S Capsules Ancient Remedy Lingzhi or the Ganoderma Lucidium mushroom, an umbrella-like mushroom fungi, was known to ancient Chinese emperors and nobles as The Wonder Herb" for its excellent health enhancing properties. mftw Modern Marvel jHjQV Today, Lingzhi is used as an aid to increase metabolism
      374 words
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  • SINGAPORE news
    • Article
      Lock icon Wage rise should be lower than last year: NWC
      801 10  -  Monthly variable component should make np large part of increment Reporteby Anna Teo THIS year's wage rise should be lower than last year's handsome payouts, and a big part, or all, of the increment should be set aside as the monthly
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    • Article
      Lock icon Don't dilly-dally on MVC, urge NWC and NTUC
      453 10 THE heat is on the majority of employers still resisting the idea of creating a monthly wage component (MVC). Implement it immediately, the National Wages Council has urged in its latest guidelines while the National Trades Union Congress (NTUC) has set a
      453 words
    • Article
      Lock icon Morgan Stanley doesn't see govt acting in property market
      363 10  -  Byi Andrea Tan THOSE hoping that the government would intervene in the weak property market might be disappointed reading Morgan Stanley Dean Witter's latest report. Entitled Policy Action Unlikely on the Property Fund, Morgan Stanley based its conclusion on a recent
      363 words
    • Article
      Lock icon IDA unveils 2 new initiatives to promote wireless products
      412 10  -  It'll help firms with pilot and trial runs, and overseas business centres By 1 Teh Hooi Ling THE Infocomm Development Authority of Singapore (IDA) yesterday announced two new initiatives under the $200 million Wired With Wireless programme aimed at promoting and
      412 words
    • Article, Illustration
      Lock icon Construction firms to raise paid-up capital to $15m
      564 10  -  Minimnm nnmber of professional staff to go up to 30 By' Vince Chong TOP-grade construction firms will have to triple their paid-up capital and increase the number of professional staff as part of the changes to boost productivity and efficiency in the
      RICHARD CHNG  -  564 words
    • Article
      Lock icon Contract manufacturer Tatly in JV deal with Castlewood
      209 10 HOMEGROWN contract manufacturer, Tatly Technology Pte Ltd (TTG), yesterday entered into a joint venture agreement with Castlewood Systems Inc (Castlewood). The newly set up joint venture company Castlewood Asia Pte Ltd (CAPL) will produce the world's first dou- ble-digit ORB removable disk
      209 words
    • Article
      Lock icon Power market regulator will ensure red competition
      333 10  -  By\ Eugene Low THE liberalisation of Singapore's power sector will not result in electricity retailers colluding to keep prices artificially high, the Energy Market Authority (EMA) said yesterday. Responding to questions at a seminar, EMA chief executive Khoo Chin Hean said the regulatory
      333 words
    • Article
      Lock icon Manufacturing exhibition opens
      128 10 THE growing contract manufacturing market was given due recognition for the first time at MTA2OOI and ManufacturingAsia2ool which opened yesterday. Now into its 12th showing, the exhibition incorporates a new section, Outsource&SubCon, which features key contract manufacturers from Asia. Among the participants are companies from Singapore, Malaysia,
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    • Article, Illustration
      Lock icon More than 11,000 firms formed last year
      389 11  -  41 =1 on the economy business climate Figure highest in 10 years; Q1 '01 figures have started going down By\ Serena Ng STRONG economic growth last year was reflected in the highest number of company formations in a decade but fewer companies are
      Source: DOS  -  389 words
    • Article
      Lock icon Near doubling of high-tech start-ups between 1996 and 2000
      273 11  -  Newcomers mainly in IT and related services sector By Rachel Ong HIGH-tech start-ups almost doubled between 1996 and 2000, from 2,675 to 5,087, according to the Department of Statistics. And there were more foreign firms among high-tech companies than non high-tech
      273 words
    • Article
      Lock icon Fewer Chinese now speak dialect at home
      266 11 THE distinction between dialect groups is blurring as fewer Chinese speak dialect at home, according to Statistics Singapore, a monthly publication of the Department of Statistics. Mandarin has replaced dialects as the most commonly-used language at home, says the report. The number of
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    • Article
      Lock icon OCBC offers customers choice of rate benchmark
      396 11  -  MAiLisrm Lee Ee Ling (Ms) Head, Strategic Marketing Consumer Financial Services OCBC Bank WE REFER to the letter, "Why does OCBC peg home loan rate to board rate?", by Chung Kwong Meng (Mailbag, May 21). We would like to thank Mr Chung for
      396 words
    • Article
      Lock icon DBS penalising existing customers
      338 11  -  Leong Yee Keong Singapore I REFER to your article "Great sale: DBS slashes home rates" by Siow Li Sen (BT, May 9). When I read that DBS had revised downwards its housing loan package, my first thought was I would save a few thousand dollars for
      338 words
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      66 11 We welcome letters. E-mail us at btletterQsph.com.sg or fax us at *****71, or write to: The Business Times, Times House, 390 Kim Seng Road, Singapore*****s. We need your full name, address and telephone number, so we can verify it came from you. Please use temperate language, and bear in mind
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      156 11 p afbin, pay anyone. X i, > Kt KAy^^M^mmm^m^mMMmMm I 9 y y rIW Jpxksb^S^ limn JAm iwlYel ■K^Hl And win two business class tickets to romantic Paris! Settling your payments is now just a few clicks away. You can either instruct us to pay directly into your payee's bank
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Asian view of EU needs to change
      745 12  -  OPINION mr. J I bottom line shada islam The writer is BT's Brussels correspondent ASIAN foreign ministers preparing for a meeting with the European Union in Beijing tomorrow have two options: they can continue to treat Europe as a largely toothless club of
      745 words
    • Article
      Lock icon IN OTHER WORDS
      96 12 'We just had the biggest party ever and not only did he not take away the punch bowl, he added more punch. I am afraid that's going to be part of his legacy.' -Stephen Roach Morgan Stanley's chief economist, who says Fed chairman Alan Greenspan bears much
      96 words
    • Article
      Lock icon Of property bubbles and troughs
      672 12 EDITORIAL THE recent study by the Ministry of Trade and Industry (MTT) of price trends in the Singapore property market over the last two decades contains some important pointers, both for property market players and for policy-makers. With the help of econometric analysis, the study
      672 words
    • Article, Illustration
      Lock icon The big role of trust in corporate governance
      1022 12  -  Comp&nies deemed 'trustworthy' have a more solid foundation on which to pursue their core objectives By, John Miller The writer is head of Singapore New Market Development (Asean) at the Association of Chartered Certified Accountants (ACCA) THE function of effective corporate governance
      FILE PHOTO  -  1,022 words
    • Article
      Lock icon How US can help end Mid-East violence
      951 12  -  COMMENTARY New ground roles needed with clear code for day-to-day behaviour By\ Dennis Ross The writer was director for policy planning in the State Department under President George Bush and special Middle East coordinator under President Bill Clinton. He is currently counsellor for
      LATWP  -  951 words
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  • MALAYSIA news
    • Article
      Lock icon MTUC president slams EPF loans to M'sian tycoons
      375 13 KUALA LUMPUR They should use their hnge personal wealth to save their firms, he says Reuters, AFX-Asia A MALAYSIAN trades union chief yesterday criticised corporate captains who made use of loans from the EPF state-backed pension fund to help their ailing companies.
      Reuters,; AFX-Asia  -  375 words
    • Article
      Lock icon Umno bars division heads from govt business deals: Dr M
      184 13 KUALA LUMPUR AFX-Asia THE United Malays Nasional Organisation (Umno) has barred all its division heads from having business dealings with any government agencies with immediate effect as part of further moves to check money politics. Prime Minister Mahathir Mohamad said
      AFX-Asia  -  184 words
    • Article
      Lock icon AMMB profit falls as NPLs soar
      381 13  -  From Eddie Toh in Kuala Lumpur ANOTHER Malaysian anchor bank, AMMB Holdings, has been hit with a sharp jump in non-performing loans (NPL) as the economy cools this year. AMMB, which is controlled by Azman Hashim's Arab-Malaysian Corporation, recorded a net profit of RM347.4
      381 words
    • Article
      Lock icon M'sian 1st-qtr GDP growth expected to slow down to 3.1%
      349 13 KUALA LUMPUR This stems from drop in foreign orders for chips, appliances Bloomberg MALAYSIA'S economic growth probably fell by more than half in the first quarter as factories cut back in response to a drop in foreign orders for semiconductors,
      Bloomberg  -  349 words
    • Article, Illustration
      Lock icon The sleek look
      27 13 [KUALA LUMPUR] A customer looks at Malaysian-made llOcc motorbikes 'Modenas Kriss' at a showroom. Modenas is targeting higher total sales this year qflos,ooomotorbikes AP
      AP  -  27 words
    • Article
      Lock icon Bank Negara reserves fall by US$340m
      163 13 KUALA LUMPUR Reuters BANK Negara Malaysia's gold, foreign exchange and other international reserves fell US$34O million since the end of April to stand at U5526.10 billion—the lowest level since December 1998. Reserves are down US$B.O6 billion on year-ago levels. The central bank did not
      Reuters  -  163 words
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      866 13 Advertisement Hitachi Express Launched Its Logistics Hub 3tr»t»aic inuni Ltd.'and To ensure that we are customer's preferred Logistics Service Architect (LSA) through the delivery of Supported by TVadeCard value-added concept of strategy. Asia/Pacific. About Hitachi Express r SINGAPORE: benefits e-business to our Hitachi Express Singapore Re Ltd. (HEXS) was incorporated
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  • REGIONAL news
    • Article
      Lock icon Jakarta to sell 40% stake in BCA in July
      537 14 JAKARTA It is looking for a strategic investor for np to 30% stake in the much-delayed sale Reuters INDONESIA'S largest retail bank, Bank Central Asia (BCA), yesterday said the government would sell a 40 per cent stake in July after a
      Reuters  -  537 words
    • Article, Illustration
      Lock icon Endgame in Indonesia
      796 14  -  I-I I comment ASEAN If Ons Dnr has to go, he will want the best possible terms yang razali kassim IF embattled Indonesian President Abdurrahman Wahid is desperate to push for martial law to save himself from impeachment, he is unlikely to do it next week. The
      796 words
    • Article, Illustration
      Lock icon Gus Dur may seek Supreme Court's help: report
      477 14 AFP, Reuters [JAKARTA] Embattled Indonesian President Abdurrahman Wahid could seek the last-minute help of the Supreme Court in his fight to avoid impeachment, a report said yesterday. Justice and Human Rights Minister Baharuddin Lopa was quoted by the Jakarta Post as saying
      AFP,; Reuters; AP  -  477 words
    • Article
      Lock icon Thai cabinet clears tax cuts for listed firms
      199 14 BANGKOK Reuters THE Thai cabinet yesterday approved a finance ministry proposal to cut corporate tax for listed firms, a senior official at the cabinet meeting said. But the tax cut is capped at a maximum of 15 million baht (*****,350) annual tax
      Reuters  -  199 words
    • ASIA Notes
      • Article
        Lock icon Thai banks'NPLs hit 19.4% in April
        59 14 Reuters [BANGKOK] Non-performing loans (NPLs) of Thai commercial banks rose to a preliminary 795.9 billion baht (5531.6 billion) or 19.4 per cent of total lending at the end of April, the Bank of Thailand said yesterday. NPLs increased from 786.2 billion baht or 19.2
        Reuters  -  59 words
      • Article
        Lock icon HK April consumer prices fall 1.4%
        62 14 Bloomberg [HONG KONG] Hong Kong consumer prices fell in April, extending a 2 Vt year slide, as rising unemployment and sliding property values makes consumers reluctant to spend. Consumer prices fell 1.4 per cent last month from a year earlier, the Census and Statistics
        Bloomberg  -  62 words
      • Article
        Lock icon Vietnam GDP growth seen at 7.3% in H1
        60 14 Reuters [HANOI] Vietnam's gross domestic product is forecast to grow 7.3 per cent in the first half of this year, Deputy Prime Minister Nguyen Tan Dung said yesterday. He said GDP grew 7.2 per cent in the first quarter and would see
        Reuters  -  60 words
      • Article
        Lock icon Taiwan industrial output down 5.8%
        49 14 Reuters [TAIPEI] Taiwan's Ministry of Economic Affairs yesterday said the island's industrial output fell 5.85 per cent in April from the same month a year earlier. In the first four months, the industrial output fell 4.48 per cent year on year, it said. Reuters
        Reuters  -  49 words
    • Article
      Lock icon Thaksin orders check on capital outflows
      453 15 BANGKOK He also asks central bank to review its policy of keeping interest rates low Reuters THAI Prime Minister Thaksin Shinawatra said yesterday he had ordered the central bank to monitor capital outflows after reports that capital was being transferred abroad, particularly to Singapore.
      Reuters  -  453 words
    • Article
      Lock icon HK people more upbeat about economy: survey
      183 15 HONGKONG Reuters PUBLIC confidence in Hong Kong's economic outlook and job prospects improved significantly in May, the Hong Kong Policy Research Institute said in its latest survey. Confidence in the territory's economic prospects increased by 15.1 per cent to 75.5 points, compared to
      Reuters  -  183 words
    • Article
      Lock icon Asia-Pac countries to fight money laundering
      226 15 KUALA LUMPUR US$3OO-ssoob laundered each year, delegates at KL conference told AFP DELEGATES from 22 AsiaPacific countries began a conference yesterday on ways to combat money laundering, which according to organisers involves an estimated US$3OO-$5OO billion (*****.5$905.8 billion) a year worldwide. The turning of
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      Lock icon Thai property market goes to the dogs
      192 15 Reuters [BANGKOK] Thai architects have found a new niche in a slack property market making houses for man's best friend. Architect Preechaya Suriyamat says her custom-made dog kennels complete with dormer windows, mosquito nets and tiled floors are targeted at the dogs who
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    • Article
      Lock icon Courts to cross-examine Thaksin's wife, Pojamarn
      417 15 BANGKOK Her brother, Bannapot Damapong, will also be called to appear as witness AFP, Reuters THAILAND'S Constitutional Court yesterday agreed to call Prime Minister Thaksin Shinawatra's wife and brother-in-law as witnesses in the corruption trial threatening to end his political career. Dr Thaksin is
      AFP,; Reuters  -  417 words
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      Lock icon Wharf to pay US$200m after US court ruling
      475 16 HONG KONG It upholds award to UnitedGlobalCom in a dispute over HE cable TV stake Bloomberg WHARF (Holdings) Ltd will have to pay US$2OO million in damages after the US Supreme Court ruled the company is liable under federal securities law for
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      Lock icon Wharf revives HK Ferris wheel project
      251 16 HONGKONG Bloomberg WHARF (Holdings) Ltd has revived rejected plans to build a 75-metre tall Ferris wheel on Hong Kong's waterfront, saying the project will help the city's tourism industry. The city planning authority two months ago refused to waive a 38-metre height restriction to
      Bloomberg  -  251 words
    • Article
      Lock icon China to keep yuan stable until 2005: report
      422 16 BEIJING But central bank warns of pressure from weak yen Reuters CHINA will keep the exchange rate of its yuan currency stable for the next five years, the Economic Daily said in a front-page editorial yesterday. China would protect the value of
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    • Article
      Lock icon NT$ rises after central bank support
      292 16 TAIPEI Central bank ready to buy currency if it keeps dropping Bloomberg THE Taiwan dollar rose after the central bank said on Monday it is ready to buy the currency to support its value if it keeps falling. The Taiwan dollar gained 0.1 per
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    • Article
      Lock icon 12 companies bid for gas pipeline project in China
      214 16 BEIJING Bloomberg PETROCHINA Co, the country's largest oil producer, said it has received proposals from 12 companies, in seven groups, to invest in a US$l4 billion project to build China's longest natural gas pipeline. The world's top three publicly traded oil
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      817 14 EN PRIMEUR 2000 RESERVATION FORM The launch of our 7th En Primeur campaign this year offers the century's most significant and exceptional vintage 2000. We are pleased to extend our invitation to you to partake in this ritualistic practice set by a Bordeaux tradition. Simply fill in the reservation form
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      136 15 I No matter how big your package, it still is a small world after all. At ups, we understand that no two packages are alike. But regardless of its size or shape, every package is delivered the only way we know how timely and efficiently. No matter where in the
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      882 16 FREE UPGRADE TO SAVE Ss2oo M FREE A 128MB SDRAM final Ptta 552,3«« Palm mloo Valid till 26th May 2001 Not valid with any other promotion. Valid till 26th May 2001. Not valid with any other promotion. t DELL™ DIMENSION™ LB66R (MCM) DELL™ INSPtRON™ 4000 G7OOGT DEU. is now the
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  • MOTORING
    • Article, Illustration
      Lock icon Leaping start for X-Type
      590 17  -  Jaguar's latest cub has brought British dealers 4,000 advance orders worth about £100 million even before its world retail debut today, reports Christopher tan from Dijon, France CHRISTOPHER TAN JAGUAR'S latest cub, the X-Type, makes its world retail debut in the UK today. And even before
      AFP  -  590 words
    • BUMPER to BUMPER
      • Article
        Lock icon More than 800 expected at tournament
        97 17 AT LEAST 800 golfers are expected to sign up for the Performance Motors Ultimate Challenge, according to the BMW agent. This year's tournament will be played at the end of next month at Laguna National Golf and Country Club. There are three categories: handicappers
        97 words
      • Article, Illustration
        Lock icon Saab 9-5 is best in its class
        81 17 SAAB's 9-5 (above) has emerged best in its class in the reputable J D Power Initial Quality Study in the mid-luxury segment. This year, the 9-5 was upgraded from the entry luxury segment to mid-luxury. The J D Power Initial Quality Study measures
        81 words
      • Article
        Lock icon German woman wins Paris-Dakar Rally
        60 17 A FEMALE competitor has won the gruelling and hazardous Paris-Dakar Rally for the first time. Jutta Kleinschmidt of Germany triumphed in the world's toughest endurance race this year. She was driving a Mitsubishi—although she started her racing career riding a BMW factory motorcycle. This is
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      • Article
        Lock icon Astra's vehicle sales fall 30.5%
        77 17 INDONESIAN conglomerate Astra International said its vehicle sales, including exports, fell 30.5 per cent in April from a year earlier. Reuters said the car maker, 30 per cent owned by Cycle Carriage Ltd, sold 10,389 vehicles that month, down from 14,945 in April 2000. Sales
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      • Article
        Lock icon Greg Norman to promote Toyota oars
        49 17  -  Compiled by < Christopher Tan TOYOTA has apparently signed golf legend Greg Norman to appear in its advertisements and promote its cars in Australia. Norman has been with national car Holden for the past seven years. His "defection" represents a major coup for Toyota.
        49 words
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    Lock icon The OMV guide
    1167 17 Average open market value (OMV) of cars registered in April. MOOEL/MAKE CC AVE OMV($l ALFA ROMEO A'4616TS 1.506 17,416 4U**QMS>A1502jO 1.870 ***** MLM ROMEO A156 2 5 Zm 28*40 AUDIA31W50R 1695 21.020 AUDI A«' 6A40R 1.506 25.386 *JttA41fiA40R 1.781 3ft 196 AUUA41 aTmiOR 1.781 33.677 JM3»A61Srnp<OR 1,781
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  • FORMULA ONE
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      Lock icon Mapping McLaren
      1066 18  -  The team made its F1 debut in Monaco 35 years ago, and went on to become one of the most prominent names in racing. Christopher tax has the details CHRISTOPHER TAN WHILE Ferrari has a comfortable lead in Formula One, it faces a constant threat over the next
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      76 18 W m II I m BiWWlff' ll Br U 45 to 21 years old in 6.2 seconds. Mercedes-Benz The Mercedes-Benz E2OO Kompressor. 163 horsepower. Extra torque from a low 2,soorpm.The most impressive acceleration in its class.Your youth is just a quick drive away. The Future of the Automobile. Showroom: 239
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      4 18 with A Mercedes Ben/
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  • e-NEWS
    • Article
      Lock icon Recording industry may face regulatory music
      696 19 LOS ANGELES With Vivendi-MP3 deal, the industry may be accused of aiming to control online distribution: analysts Reuters CONTROVERSY and online music seem to go hand-in-hand and the next big showdown may be in Washington, where the recording industry's online tactics could come under
      Reuters  -  696 words
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      Lock icon S&P cuts Motorola's debt ratings by one notch
      408 19 NEW YORK Cots smaller than expected; negative outlook means there could be more cuts Reuters CREDIT rating agency Standard Poor's on Monday cut Motorola Inc's long and short-term debt ratings, saying the world's No 2 mobile phone maker was unlikely to restore
      Reuters; REUTERS  -  408 words
    • E Briefs
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        Lock icon Korea's Hynix plans 10t won investment
        72 19 AFP [SEOUL] South Korea's cash-strapped Hynix Semiconductor Inc plans to invest a total of 10 trillion won (5513.9 billion) in semiconductor businesses over the next five years, a news report said yesterday. Hynix president Park Chong Sup was quoted as telling investors on Monday
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      • Article
        Lock icon Lycos Europe a takeover target
        54 19 Reuters [BARCELONA] Internet portal operator Lycos Europe yesterday said it was open to a possible takeover from Spanish Internet group Terra Lycos or German media giant Bertelsmann. "As long as it is good for the company, I think it would be fine," Lycos Europe chief
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      • Article
        Lock icon Vivendi in talks with Honghton Mifflin
        83 19 Reuters [PARIS] French media giant Vivendi Universal is in preliminary talks to acquire US publisher Houghton Mifflin for at least US$l.7 billion in cash, the Wall Street Journal Europe reported yesterday. Citing sources familiar with the matter, it said talks were still at an
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    • Article
      Lock icon Telstra to cut costs as sales growth slows
      487 19 SYDNEY Anssie telco says industry sales were growing less than the 8% in the first half Bloomberg TELSTRA Corp, Australia's largest phone company, said it may seek to cut more costs because second half sales were growing slower than expected at the
      Bloomberg  -  487 words
    • Article
      Lock icon EMI net down 48% on Med merger costs
      269 19 LONDON Bloomberg Reuters EMI Group pic, the music industry's third biggest company, said fiscal full-year profit fell 48 per cent because of costs associated with its failed merger last year with AOL Time Warner Inc. Net income fell to £82 million (*****.2
      Bloomberg; Reuters  -  269 words
    • Article
      Lock icon Dell started with a smart idea and US$1,000
      341 19 NYT [COLUMBUS, Ohio] When Michael Dell started Dell Computer Corp as a college freshman in 1984, he had US$l,OOO in capital, one business course under his belt and an idea in his head, Dell told a group of university, business and legislative
      NYT  -  341 words
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      127 19 wm ii KXB3SBHS9PS^^^^3l^^^^^^^V7r^EK9iiM9MßsHiil^^^^^^^^VC¥^EwiK9Hß^H 'ufIPHHIHHIHHHIHHIHHHHH*?* SHHI^HHHHHI """VIHHHIHHMHBBLjri VHHBV« V^IHPiwIIRHHHHHBHMHIHIHPBHHHHHiHHHHHHBHHnk The Sovereign from $268,000 inclusive of immediate COE*. <S«>\ Cars that d eamed a k° ut d n S- N™'atprices that will make your dreams J J <r yV come true. Don t dream it. Drive it. Call 378 2624/378 2625 for
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  • WORLD news
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      Lock icon US slowdown has ended, says Treasury secretary
      655 20 WASHINGTON Bat upbeat view is not shared by many others, including the German central bank Bloomberg Reuters THE US economic slowdown has ended and growth is likely to accelerate in the next year, as lower taxes and interest rates help boost consumer and
      Bloomberg; Reuters  -  655 words
    • Article
      Lock icon Watchdog subpoenaed Citigroup in Xerox probe, says CNBC
      261 20 NEW YORK Bloomberg CITIGROUP Inc was subpoenaed by the Securities and Exchange Commission (SEC) as part of a probe of the accounting practices of copier company Xerox Corp, financial news network CNBC reported. The SEC is looking into a transaction arranged by
      Bloomberg  -  261 words
    • Article, Illustration
      Lock icon Canberra unveils pre-election Budget full of voter enticements
      512 20 ItcntsAssbin taxes, nps spending; surplus set to be better than expected AP, Bloomberg [CANBERRA] The embattled government yesterday a preelection Budget crammed with enticements and programmes aimed at luring back disaffected voters and winning a third term. Treasurer Peter Costello cut Ass
      AP,; Bloomberg; AFP  -  512 words
    • Article
      Lock icon BA profit soars to £380m on strong passenger revenue
      577 20 LONDON Mainline pflffflfflgfT yields rise as it reduces the number of cheaper seats Reuters BRITISH Airways Pic (BA) reported a sharp rebound in annual profits yesterday and said that passenger revenue at Europe's largest airline had risen more than at any
      Reuters  -  577 words
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      Lock icon Marks and Spencer profits fall for third straight year
      253 20 LONDON AFP THE struggling British retailer Marks and Spencer said yesterday that profits had fallen for the third year in a row, a decline chief executive Luc Vandevelde blamed largely on "unacceptable" clothing sales. Sporting a cream, ma-chine-washable suit from the
      AFP  -  253 words
    • Article, Illustration
      Lock icon Actress Hannah wins libel case against paper
      169 20 Reuters [LONDON] Hollywood siren Daryl Hannah won undisclosed libel damages from a British newspaper yesterday for publishing a widely-copied story claiming she skipped rehearsals for a London play to attend her dog's birthday. The Daily Mirror apologised to the London High Court for
      Reuters; FILE PHOTO  -  169 words
    • Article
      Lock icon Republicans block moves to change tax Bill
      310 22 WASHINGTON NYT WITH Republicans united, the Senate on Monday night rejected one attempt after another to change a Bill that would give President George W Bush his top legislative priority, the first big tax cut in 20 years. The solid Republican support seemed
      NYT  -  310 words
    • Article, Illustration
      Lock icon Japanese in US fear Pearl Harbor film will fuel hatred
      350 22 LOS ANGELES Reuters THE epic film Pearl Harbor, opening on Friday across the United States, could stir antiAsian sentiment, a Japanese American rights group warned on Monday. The movie about the Dec 7, 1941, Japanese attack on the US naval
      Reuters  -  350 words
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      Lock icon Japan springs surprise strong data
      722 22  -  Bat markets appear unimpressed by March figures; BOJ, IMF also less optimistic From Anthony Rowley in Tokyo UNEXPECTEDLY strong official economic data for March published yesterday sparked some optimism that Japan's economy might be able to avoid recession in the first quarter of this year,
      722 words
    • Article
      Lock icon S Korea's Q1 GDP grows 0.3%, averting recession
      502 22 SEOUL Bat economy not ont of danger as exports outlook stays gloomy Bloomberg SOUTH Korea's economy averted a recession and returned to growth in the first quarter as exports of semiconductors and telecommunications equipment rose. However, a slump in domestic spending kept
      Bloomberg  -  502 words
    • Article
      Lock icon US introduces new system for key economic indicators
      529 22 WASHINGTON It will make data more relevant and consistent, says govt AP, Reuters AFTER 60 years of faithful service, the government is saying goodbye to the Standard Industrial Classification system in favour of a modern way of keeping tabs on the US$lO
      AP,; Reuters  -  529 words
    • Article
      Lock icon Standardise post-FOMC remarks to cut speculation: Fed governor
      333 22 WASHINGTON Reuters THE Federal Reserve should have a more regimented structure for its post-meeting statements to reduce speculation about future decisions, St Louis Fed president William Poole said on Monday. Mr Poole, speaking to a National Association for Business Economics conference, repeated
      Reuters  -  333 words
    • Article, Illustration
      Lock icon Firestone ends 100-yr tyre pact with Ford
      667 23 DETROIT Dispute over last year's recall of 6.5 m tyres ends in charges and counter-charges Reuters, AP NEARLY a century of corporate cooperation erupted in acrimony on Monday as embattled tyre maker Firestone said it was severing ties with Ford Motor Co and
      Reuters,; AP; AFP  -  667 words
    • Article, Illustration
      Lock icon Bush makes rare visit to alma mater, receives mixed welcome
      432 23 NYT [NEW YORK] President George W Bush returned to Yale University on Monday and warmly reached out to an alma mater that he had spent much of his political life pushing away, but the embrace was less than mutual. Both
      NYT; AP  -  432 words
    • Article
      Lock icon World Bank cancels anti-poverty meet in Barcelona
      526 23 WASHINGTON Fear of violent protests forces cancellation; critics see move as a victory Bloomberg THE World Bank cancelled a conference planned for next month in Barcelona because of the fear of street riots in the Mediterranean port city, the global lender said. It
      Bloomberg  -  526 words
    • Article
      Lock icon Rich takes control of Swiss property firm
      282 23 ZURICH FT, AP MARC Rich, the secretive billionaire commodity trader, has proved that he has lost none of his deal-making flair by, in effect, taking control of one of Switzerland's biggest property companies after he blocked its Sfrl.s billion (Ssl.6 billion) merger with
      FT,; AP  -  282 words
    • Article
      Lock icon Pacific tax havens escape sanctions on US reversal
      401 23 AUCKLAND Many banks there are secret branches of US ones: sources AFP FOUR Pacific tax haven nations facing international sanctions over alleged money laundering appear to have escaped action thanks to an unexpected US reversal. However, diplomatic sources said on Tuesday that
      AFP  -  401 words
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      382 21 Nissan Cefiro 3.0 r 'Mm _J|j^^a9L HLji j^JlPower The award-winning VQV6 engine, rated by Ward's IMS'Vi| Tl| uj lIT Auto World (USA) as one of the ten best for seven consecutive years, marries power and smoothness as Mj 11 4% I only Nissan can. vUIICII r r ufik r t
      382 words
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      367 23 THE COMPANIES ACT CHAPTER 50 Section 290(2)|b) NOTICE OF RESOLUTION RING COMPANY PTE LTD (In Members' Voluntary Liquidation) At an Extroordinory General Meeting of Ring Company he Ltd held at 6 Raffles Quay level 17, Singapore *****0 on the 16th day of May 2001, the following resolutions were dufy passed
      367 words
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      254 23 I.VENTURE PTE LTD 1 (IN MEMBERS' VOLUNTARY LIQUIDATION) At a contributories meeting of the company held on 17 May 2001, the following resolutions were duly passed: 1. SPECIAL RESOLUTION 1.1 That the shareholders of the Company accept the Liquidator of the Company be authorised to exercise any of his powers
      254 words
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      492 23 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER Of FORLI INVESTMENTS PTE LTD (In Members' Voluntary Liquidation) MEMBERS' VOLUNTARY WINDING UP At an Extraordinary General Meeting of the Members of the above named Compony duly convened and held at 80 Raffles Place 16-20 UOB Plaza
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  • FINANCE & commodities
    • Article
      Lock icon Stocks' rise boosts futures
      274 24  -  SQZ Derivatives Trading Report ST Index/MSCIS"pore Index Wong Ann Chuen Refco Singapore Pte Ltd SINGAPORE stocks moved up yesterday after the Nasdaq Composite Index posted its biggest gain in a month. The benchmark Straits Times Index added 15.61 points, or 0.94 per cent, to settle at
      274 words
    • Article
      Lock icon Sentiment mixed on futures market
      224 24  -  MSGlTaiwan Index Wong Ann Chuen Refco Singapore Pte Ltd TAIWAN stocks rose yesterday amid reports that the government will intervene to support the island's currency following its fall on Monday to a two-and-a-half-year low. The MSCI Taiwan Stock Index added 3.12 points, or 1.37 per
      224 words
    • Article
      Lock icon CURRENCY REPORT
      224 24 Reuters London THE euro fell one per cent to hit six-month lows against the US dollar yesterday after a weaker-than-expected West German Ifo business sentiment survey. The west German Ifo Business Sentiment Index fell to 92.5 in April from 93.9 in March. This saw the euro briefly dip
      Reuters  -  224 words
    • Article, Illustration
      Lock icon Untitled
      1242 24 MTBRBAMK OXMHIKATBS May 2^ AS C$ bi Ufl Fir Pw HKS IndB»te+frk Von Wow Ml N«htll Mo SS land Sfr NTS Baht Pownd USS Australia 0J07 4.359 0400 1937 1174 4.097 24.717 59.997 0.145 6.810 1.996 1.234 32.644 26.591 0.951 4.153 0.920 17.591 23.941 0.365 0.525 Canada L239 5.401 0.744
      1,242 words
    • Article
      Lock icon Untitled
      1916 24 HCOM FUTURES May 22 RUBBER (futures closing as it 5.30pm) RSS1 CONTRACTU cwrts/kg) ClOM Volume Open Month High Low Sett (tomes) Interest Jun 01 110.50 Jul 01 110.50 250 Aug 01 110.75 250 Sep 01 112.25 250 RSS 3 CONTRACT (US ccnts/kg) Volume OpMI Month High Low Sett (tonnes) Interest
      1,916 words
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      27 24 N M ROTHSCHILD SONS I mflrß WW m Tel: 65-535 9677 65-535 9100 Fax: 65-535 8713 lt l|t| Email: trcasury@rothschild.com.sg Call Rothschild Treasury Services today. Website: www.nmrothschiid.com.sg
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  • STOCKS east asia
    • Article, Illustration
      Lock icon Sharp Nasdaq gains boost HK telecom, tech stocks
      2862 25 BONG SONG AFP Hang Seng 415(168 HONG KONG share prices rose 1.1 per cent yesterday on buying led by telecom and technology stocks after sharp gains by the Nasdaq, dealers said. The key Hang Seng Index gained 156.68 points to close at
      AFP  -  2,862 words
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      Lock icon CHINA
      1280 25 Reuters Shenzhen B Index +6117 mmSB& CHINA'S hard currency B shares rose again yesterday as retail investors kept buying on expectations that shares will rally into June when more forex savings are allowed into the market. Jinan Qingqi Motorcycle Co became the first counter whose B share prices exceeded
      Reuters  -  1,280 words
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      Lock icon TAIPEI
      379 25 AFP tWPlndex +32*7 TAIWAN share prices closed 0.7 per cent higher yesterday, following gains on Wall Street and due to government buying support, analysts said. The Taiwan Stock Exchange Weighted Price Index rose 32.87 points to 4,991.48, on a turnover of NT546.13 billion. Declining issues led advancers 302 to
      AFP  -  379 words
    • Article
      Lock icon Tokyo sheds early gains in domestic sell-off
      2075 25 TOKYO AFP □Nikkei 225 -KM SHARE prices in Tokyo fell 0.6 per cent yesterday as domestic investors, still sceptical about Japan's economic recovery, sold off stocks in late trading, brokers said. The Tokyo Stock Exchange's Nikkei--225 Index closed down 85.64 points at 14,091.19.
      AFP  -  2,075 words
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  • STOCKS klse
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      Lock icon KL shares end slightly up after Wall St gains
      371 26 AFP, AFX-Asia Composite Index +116 MALAYSIAN shares closed 0.4 per cent higher yesterday on local support and following Wall Street's overnight gains, dealers said. The Kuala Lumpur Stock Exchange Composite Index ended up 2.16 points at 556.52. The Second Board Index
      AFP,; AFX-Asia  -  371 words
    • Article
      Lock icon Untitled
      8865 26 INDUSTRIALS Consumer products 2001 Last Vol Day Net Cap High Law Company Sala 'OOP High Law P/E Omit 340 290 Ajlnomoto J02 2 2 302 302 9.1 122.4 45 24.3 Angkete 29.5 43.S 342 282 Apollo Food Hl« 310 4 22 310 306 6.7 124.0 396 266 Ada Fllo 283
      8,865 words
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  • SGX clob & regional stocks
    • Article
      Lock icon Untitled
      2667 27 BONDS WARRANTS May 22 Ms mm/ bdnr MM* Lot M taf UlMnll «<« taaM Cm* Eur Mac MM MM Law ri■»! I| SO *m- not Law My«r M» Ml ImiHiI MM Price OM r UR 37 0.5 s Acma W*****4 0.5 0.5 1 41.0 1 300 651 80.00 2 15
      2,667 words
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      Lock icon BANGKOK
      726 27 AFP O SET Index +&32 THAI shares rose 2.1 per cent yesterday, led by buying of energy stocks after the release of positive first quarter earnings, dealers said. The Stock Exchange of Thailand (SET) Composite Index ended 6.32 points higher at 304.53. The SET 50 Index moved up 0.49
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    • Article
      Lock icon MANILA
      284 27 AFP Composite Index -0.56 PHILIPPINE shares ended fractionally lower yesterday. The Philippine Stock Exchange Composite Index shed 0.56 points to 1,451.20. Turnover surged to 1.575 billion shares worth 6.94 billion pesos against 452.36 million shares worth 291 million pesos on Monday. AFP Hn22 Ptso C000) Abacus Construction 0.74 unch
      AFP  -  284 words
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      Lock icon JAKARTA
      732 27 AFP n Composite Index -0.71 INDONESIAN shares closed down 0.2 per cent yesterday on a technical correction following earlier gains, dealers said. The Jakarta Stock Exchange Composite Index closed down 0.71 point at 379.67. The volume was 527.8 million shares valued at 255.4 billion rupiah. Gainers led losers 59
      AFP  -  732 words
    • Article
      Lock icon WELLINGTON
      270 27 AFP QHBE-40 *108 NEW Zealand stocks closed 0.1 per cent higher yesterday on solid turnover dominated by Contact Energy as its major shareholder Edison Mission Energy lifted its stake. The NZSE-40 Capital Index was up 2.08 points at 2,089.65 on a turnover of NZ5162.3 million. AFP HayM »h (OOP)
      AFP  -  270 words
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      Lock icon SYDNEY
      553 27 AFP PI All Ordinaries +LSQ AUSTRALIAN shares rose marginally to a new record high yesterday in subdued trading. The All Ordinaries Index rose 1.5 points to 3,370.7 and the SP/ASX 200 rose 1.2 to 3,436.5. The All Industrials Index moved up half a point to 5,716.9, while All Resources
      AFP  -  553 words
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      Lock icon SEOUL
      302 27 Reuters CompoBitehdtt_-M7 SEOUL'S Composite Index slipped 0.97 point to close at 617.99. The trade volume was the year's heaviest at 789 million shares. Reuters M*T22 Wm Anam Semi 4550 90 Brain T»ch 615 -10 Central Bank 170 unch Cheil Comm- *****0 -2000 Da* Gu Bank 1680 -65 DaesangCorp —2560
      Reuters  -  302 words
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  • Article
    Lock icon STOCKS sgx
    8411 28 SGXMAINBOARD Gr Or M MR 52-Wk Last Vol Day Last Quota Mv Dfc VM Not Can Avg low Company Salo COOP) H» U» -y» Sa»» Cw Wg S«Jl ftfco MULTI-INDUSTRY 143 35 C AcmaSOc 40 cd +15 179 40 39 39 5 40 0.5 19.9 0.6 10.5 694
    8,411 words
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  • New Asia Biz Woman
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      Lock icon Abigail Johnson to head Fidelity unit
      1268 29  -  By. Danny Hakim NYT Abigail P Johnson, 39, whose grandfather founded the Fidelity Investments mutual fund empire, was named on Monday as president of the division that oversees all Fidelity funds. The appointment will make Ms Johnson one of the world's top female executives
      NYT  -  1,268 words
  • Page 29 Advertisements
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      130 29 projecteyeball. MAJORS Those still mourning the death of Napster may just be crying over spilt milk. Five major record companies could wind up actually consolidating their power in an Internet age that some analysts thought would spell DOOM FOR THE LABELS. WITH VIVENDI UNIVERSAL BUYING UP MP3.COM, A NUMBER OF
      130 words
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      295 30 Where to wine, dine and entertains The perfect time to relax and unwind Happy HOlir at the Garden Terrace poolside bar With our buy-on«-get-one-FREE* special from 5.30pm 7.30pm (Monday Friday), you'll want to raise your glass to our wide selection of concoctions. Better still, bring your colleagues and friends over
      295 words
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      146 30 An endless lunch and dinner buffet with 68 outstanding Cantonese dishes, prepared by Hong Kong chefs. All diners will be served with a complimentary Braised Shark's Fin Soup with Brown Sauce and Braised Whole Baby Abalone with Tianjin Cabbage. Lunch: $28.80 (Adult), $17 (Child) Dinner: $30.80 (Adult). $19 (Child) Plaza
      146 words
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      37 30 #ewiSt H H «M .ppi iff* pHE T»' S? iU V 1V aid iJfflril liw >'2i^ki»*> w, 1 i 1 V /fc/> I. ll II %l 1 uu JIANGSU ZHEJIANG SHANGHAI CUISINF HONG KONG SINGAPORE -p J»
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      85 30 m DIANXIN AT THE NEPTUNE Enjoy excellent dian xin served on a trolley for lunch. Lunch: 11:30 am 2:30 pm (Mondays Saturdays) 10:30 am 2:30 pm (Sundays Public Holidays) Reservations: 224 3922 CatymQuay j. Managed by Mandarin Singapore i 7th Floor, Overseas Union House, Collyer Quay Singapore 049J21 Tel: 224
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  • Page 30 Miscellaneous
    • Miscellaneous
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      979 30 Pa9e3 DOEClE^HHHIIHIi^HH mrw—w 040 Healing Hearts. 740 Love Me, Love Me Not. 11-30 Headlines/Spore Upworks 10.00 10.30 News. &00 School Days date. I— 4.00 PM Men Are From 1040 Once Upon A Time In 840 Frontline. 1144 W3. ~^Wr Wf WWflpp Mars, Women Are From Shanghai. MO Heroes In Black.
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      314 30 CRYPTIC CROSSWORD 1 [2 I p~~] Hp |5 I |6 I [7 I RT~ I I I BLjj^Q wm —U Wr md ■AkT I T I ACROSS 5 A symptom of depression? 1 Several horses right to take for fj 2 a ride outside 16) 6 lt s made t0
      314 words
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  • MONEY matters
    • Article, Illustration
      Lock icon Nasdaq surge no help to Asian units
      1076 31  -  hi i comment CURRENCIES The euro will stay on slippery slope if it can't recover back to above USB7C larry wee IT was a pretty good week not only for global stock markets but for gold and oil prices as well. On the
      Source: Hypowerinsbank  -  1,076 words
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      Lock icon How much can Fed cuts do for the tech sector?
      692 31  -  Little respite seen; Asia with high-tech exposure suffers export weakness By" Gene Frieda The author is head of emerging markets research at the Singapore office of research house Forecastweb.com. This article is not an invitation to invest. BTand its contributors
      Source: Forecastweb.com  -  692 words
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      266 31 w. h t, www. kadeka.com.sg ITi 1 Cool Your Conventional Vja Shi H MB II Wine Without s. Slav piactiuil with Kaduka's NC W KSJ |k Q 138 Wmo Coolei Plpsipiiivi «s£s, <> temperatiec contiol between ll|Ull| C. Itie H ■HhJI glass dooi protects wine from fr excessive light. Anti-vibration
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  • asiaone markets
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      Lock icon Norelco: just like EMS, only better
      1186 32  -  The gloom and doom in the electronics industry notwithstanding, the equipment contract manufacturer is expected to see its revenue rise 31% in FYOI By. Russell Tan THE company has a head start in equipment contract manufacturing, a new and highly promising outsourcing trend. Its
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      Lock icon A venture into the realm of risk management
      582 32 Never pat all your eggs in one basket is a maxim no investor should forget "HIGHER returns can only be obtained when it is accompanied by higher risks." This trade-off is well known but apparently many investors, locally and globally, forget this
      582 words
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      Lock icon Unlocking the value of UOL
      635 32 UNITED Overseas Land has considerable hidden value. United Overseas Bank has three years until 2004 to divest its 45 per cent ownership in the company. It will certainly not do so at the present undervalued state. One way to unlock the value is to sell
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  • UNIT TRUSTS
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      Lock icon Don't miss out on the real recovery
      705 33  -  The risk of being out of the market outweighs the risk of staying invested, Morley international equity strategist Sophie Blancpain tells GENEVIEVE CUA GENEVIEVE CUA Markets have bounced, as they almost invariably do in the days following a US interest rate cut, but
      CHRIS LOH  -  705 words
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      Lock icon UNIT TRUST SCOREBOARD
      500 33 UNIT TRUST/SECTOR (6 MONTHS: NOV 17 'OO-MAY18 '01) TOP 10 FUNDS CPF-APPROVED BENCHMARK (SG) CHNG CHNG 1 UOB United Gold Gener N 45.71 Goldman Sachs -5.35 Sector Commodity Nat Res Commodity! 2 HSBC Chinese Growth N 37.63 CLSA Ghina World 8.34 Equity China 3 Optimix Gold Resources
      500 words
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      Lock icon An abiding passion for bonds
      1079 33  -  < US-based bond fond manager J Pirnco has focused its efforts on income instruments since its inception 30 years ago By Serena Ng STOCKS are exciting; bonds are boring, right? Pimco, the world's largest bond fund manager, would disagree strongly. Pimco's co-founder and managing director
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      Lock icon INTEREST RATES FOR S$ FIXED DEPOSITS
      264 33 BANKS/FINANCE COMPANIES AMOUNT 1 MONTH 3 MONTHS 6 MONTHS 9 MONTHS 12 MONTHS ABN-AmroBank *****-***** 1.2500 1.6300 1.8750 2.0000 2.1250 *****-***** 1.9300 2.0000 2.0600 2.0600 2.1200 Bank of East Asia 1000-*****9 2.0625 2.1250 2.2500 2.4375 2.6875 Bank of S'pore finatiQ 3000-*****0 2.2000 Citibank Up
      264 words
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  • PERSONAL FINANCE
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      Lock icon Looking at the big picture
      1175 34  -  Insurance veteran Tan Suee Chieh tells GENEVIEVE CUA where he sees the industry heading GENEVIEVE CUA IT'S just about five months into 2001 and the insurance industry, normally seen as staid and sleepy, seems to have suddenly sprung to life. And what a life that
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      94 34 Companies can nominate themselves by completing the official nomination form. Companies must be homegrown, privately-owned and incorporated under Singapore's Companies Act (1994 Revised p A Edition), with three years of audited statements. f V Nomination forms are available at: Enterprise 50 Secretariat, c/o Accenture 152 Beach Rd 19-00 Gateway East.
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  • PERSONAL INVESTMENT
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      Lock icon Insider buying down a sharp 45%
      1613 35  -  Value of company buybacks fell to $4.7 m, down by more than 69% from the previous week inside nrsnirng By\ Robert Halili The writer is managing director of Score Lab Asia Ltd. He is assisted by Ngia Soon Chai, Singapore News Desk DESPITE a
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      Lock icon Taking advantage of temporary insanity
      454 35 Investment guru John Templeton is betting millions on falling tech stocks SIR John Templeton is retired, but he's as nimble an investor as ever, making a killing on the tech slide. Long ago he earned a place in the Wall Street pantheon by spotting undervalued
      AFP  -  454 words
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    Lock icon ACU DEPOSIT RATES
    1138 35 Deposit amount 1-mth 3-mth 6-mth DBS Bank A$ S10.000 A24.999 4 2500 4 2500 4 2300 A25.000 A49.999 4 2700 4 2700 4 2500 Dmk S10.000 Dm99,999 3 9600 4 0300 3 9700 DmIOO.OOO Dm149,999 4 0100 4 0700 4 0200 Eur S10 000 Eur49.999 3 9800
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  • EXECUTIVE money
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      Lock icon New-look endowment plans for the times
      1455 36  -  The re-pricing of single-premium endowment products is likely to affect guaranteed yields, making them less attractive, says GENEVIEVE CUA GENEVIEVE CUA IT'S a sign of the times. Insurance companies are re-pricing or withdrawing single-premium endowment plans as a low interest-rate environment and volatile equity
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      Lock icon Watershed for the insurance industry
      1033 36  -  Former Prudential MD Tan Snee Chieh assies the new risk-based capital framework and role of the appointed actuary By I Genevieve Cua FOR consumers, the impact of the new sales standards for insurance products is as direct as it gets. You now have to fill
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  • BANKING & FINANCE
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      Lock icon Fast Forward
      457 37  -  ■by i Angela Tan SINGAPORE'S financial sector has undergone major changes since the Monetary Authority of Singapore (MAS) announced its five-year plan to fast forward the industry in May 1999. Two years have passed and the wide ranging reforms have resulted in fundamental changes in the way products
      457 words
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      Lock icon Riding the wave of liberalisation
      2154 38  -  As S'pore moves towards an open economy, financial institutions which have competitive advantages stand a better chance of survival. jeremy noon looks at the impact on banks, insurers and stockbrokers JEREMY HOON The writer is financial services partner, KPMG. The views and opinions are those
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      Lock icon Fo
      996 39  -  Singapore banks will be on unfamiliar territory in their new phase of growth by going regional. Capital management and aligning corporate cultures will be two pressing issues, says jane lai JANE LAI The writer is an analyst at Standard Poor's SINGAPORE'S domestic banks have proven their ability to maintain
      996 words
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      Lock icon A thematic framework for investing
      1048 40 As globalisation blurs the lines between investment blocs, focus on identifying the best companies regardless of geographic indices and domicile, yet be well diversified across a range of themes TRADITIONALLY, investors have tended to look at investments from a geographical viewpoint. However, increasing globalisation is
      1,048 words
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      Lock icon Asia fillip
      788 40  -  Top-notch firms in semiconductor and telecom industries make S'pore, Taiwan and Korea bourses attractive to investors, liewhanqing and TMNAFOoget an idea of what's in store TRINA FOO LIEW HANQING WORLD-CLASS semiconductor and telecommunication companies will make the Singapore, Taiwan and Korean markets attractive to investors, said two fund
      AFP  -  788 words
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      Lock icon America beckons
      799 43 Given the size of the US stock market and its impressive returns, serious investors would do well to put some money there in the long run WITH the recent flurry of activity in US financial markets since the beginning of the year, much investor uncertainty has been about
      Source: MSCI; Source: Bloomberg  -  799 words
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      Lock icon Continental lure
      768 43  -  johm botham zooms in on exciting opportunities in Europe JOHN BOTHAM The writer is Director of European Equities, Henderson Global Investors WHAT a difference a year makes. Investors are understandably cautious about funnelling more of their money into the stock market after the precipitous decline in share prices
      768 words
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      Lock icon Use tools of trading effectively
      1500 44  -  An investing strategy called Dollar Cost Averaging is very appealing, simple to execute ana almost a no-brainer but don't be obsessed with it, writes denims yap san hong DENNIS YAP SAN HONG The writer is chief editor, Phillip Securities Pte Ltd WHEN the stock market
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      Lock icon Look East
      919 45  -  Morley Fund Management is betting on good returns from Asian stocks next year now tnat US economy is slowing, rachel ong finds out more about pickings on the S'pore front RACHEL ONG ASIAN stocks should make a decent comeback next year as international investors shift away from a
      919 words
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      Lock icon Rich attention
      730 46  -  While some private banks have retreated to their Swiss strongholds, one is aiming to garner more of Asia's wealthy in the wake of 1997. janice lee talks to CSPB about its plans JANICE LEE THE 1997 Asian economic crisis has left many wealthy investors licking their wounds and
      730 words
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      Lock icon Size doesn't matter
      713 46  -  The Big Four local banks have traditionally had a stranglehold on the SME market, but one foreign bank is hoping to muscle in on this segment, angelatan finds out more from Stanchart ANGELA TAN IN this highly competitive business arena, where an unknown entity is often slighted
      713 words
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      Lock icon Let the bank come to you
      1001 47  -  Banks in Singapore should not see the Internet as just another delivery channel. The online medium is ideal for fully-fledged personal financial management services, says vasumemom VASU MENON The writer is chief editor offinatiQ ONLINE banks here can learn a thing or two from
      1,001 words
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      Lock icon What consumers really want
      1224 48  -  Banks which cater to customers' needs in terms of flexibility, customisation and convenience stand to gain in the competitive consumer loan marke, says elsie foh ELSIE FOH The writer is managing director and head of personal banking, DBS Bank LOW interest rates, more sophisticated customers and
      FILE PHOTOS  -  1,224 words
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      Lock icon When borrowing is healthy
      978 50  -  Although borrowing is an effective tool for cash flow management, it is often avoided. However, this is set to change as banks roll out varying pricing for personal loans based on individual risk profile. shailesh kotwal explains SHAILESH KOTWAL The writer is executive director and region
      RICHARD CHNG  -  978 words
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      Lock icon Another plan for your retirement
      854 51 SRS offers strong tax benefits and it could attract some $500 million a year in retirement savings from taxpayers earning at least $60,000 annually RETIREMENT planning need not mean depending on your children in your old age, now that there is the Supplementary Retirement Scheme
      854 words
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      Lock icon Where to put SRS funds
      421 51 INVESTING your funds in your Supplementary Retirement Scheme account could give you a tax break as well as higher returns for your retirement, if you invest your SRS funds in an investmentlinked plan (ILP). The SRS is a voluntary tax deferment scheme, implemented on April
      421 words
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      Lock icon Parental provision
      1066 52 Savings and Medisave alone won't add up to adequate protection for elderly parents but insurance is a means of providing for their long-term heath and medical care THE "sandwich generation" has the heavy burden of looking after their own financial needs and that of their children as well
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      Lock icon Who dares wins
      668 53  -  How S'pore banks fare in the face of liberalisation depends on the way they deal with tougher competition, new technology and opportunities, say CHENG Al PHING and CALVIN LOW CHENG AI PHING, CALVIN LOW Cheng Ai Phing is a partner and Calvin Low is a manager at
      LUDWIG ILLIO/ST  -  668 words
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      Lock icon Risky business
      589 53  -  Implementing new risk management systems is not a quick fix, warns bay way yee BAY WAY YEE The writer is director of financial services consulting group, Deloitteand Touche THE traditional franchise and protection of the regulated financial industry are less secure now. Bankers are aware of these threats
      589 words
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      Lock icon Managing credit risks
      1526 54  -  Credit derivatives are hailed as the next big thing in credit risk management for banks, lian wee cheow and chua kim chiu look at the scope of their potential and some obstacles in their way LIAN WEE CHEOW,HUA KIM CHIU The writers are partners of Price water
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      Lock icon What's for hire
      1381 55  -  ong mei ling takes a peek into the crystal ball for a reading of what the financial job market holds ONG MEI LING The writer is chief operating officer, Kapient (S) Pte Ltd. The company is a merger between KPMG's Executive Search practice and DP Search THE
      LUDWIG ILLIO/ST  -  1,381 words
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      Lock icon Banking on technology
      1451 56  -  Greater competition and lower margins have opened up the Internet as a key new channel for distribution of bank products. But technology can be a double-edged sword as ho wah lee points out HO WAH LEE The writer is director, KPMG Information Risk Management. The views and
      FILE PHOTO  -  1,451 words
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      Lock icon Net gains
      1369 57  -  By joining hands with business partners to offer online sen/ices, banks can enhance customer loyalty, argues chua lai chwang CHUA LAI CHWANG The writer is chief technology officer at Finesse Alliance International Pte Ltd. Email: chua.lai.chwang@finessealliance.com THE New Economy is dead. Hooray. Long live the New Economy! A
      1,369 words
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      Lock icon Payment on the move
      1392 58  -  With a projected 373 m wireless subscribers buying online by 2004, the future is bright for mobile as well as e-commerce. mark burbidge runs through some key issues affecting potential growth MARK BURBIDGE The writer is general manager of e- Visa MOBILE-commerce isn't just about bandwidths
      FILE PHOTO  -  1,392 words
    • Article
      Lock icon Beyond custody
      869 58  -  Market-driven changes are spurring custodians to offer additional products and services over securities servicing, says elizabeth chia ELIZABETH CHIA The writer is regional head of operations and product development, Global Securities Services Asia, Deutsche Bank AG, Singapore LESS than 10 years ago, international investors were interested in a
      869 words
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      Lock icon Getting on the right lines
      995 60  -  The successful banks will be those which increase profitability by improving metnods of marketing sales and delivery to their highly valued customers. LIEW MAM SOON shows how this can be done LIEW NAM SOON The writer is a financial services director with PricewaterhouseCoopers' management consulting
      RICHARD CHNG  -  995 words
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      Lock icon Tapping wealth
      1061 61 With 7.5 million rich people controlling a total of US$25 trillion of wealth, banks are looking at great potential for growth if they can tailor wealth management programmes for individual needs THE global proliferation of wealth in the last 20 years has resulted in an eleven-fold increase in
      RICHARD CHNG  -  1,061 words
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      Lock icon On guard against dirty money
      1649 62  -  Banks can detect and prevent the deposit of laundered money with vigilance and technological aid. SANDRA LAWRENCE, VIVIAN KONG and don vangel show the way SANDRA LAWRENCE, VIVIAN KONG, DON VANGEL Sandra Lawrence is a senior manager with Ernst Young's fraud forensic accounting practice in
      1,649 words
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      Lock icon A question of trust
      1169 63  -  While public key infrastructure (PKI) systems offer authentication in e-commerce, Identrus does the same for banks by setting up a common PKI framework to verify online trading partners' electronic identities. tan shong ye outlines other benefits TAN SHONG YE The writer is a principal in PricewaterhouseCoopers'
      REUTERS  -  1,169 words
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      268 37 T; SHPPPw y[ *y''at »&*■*-;;-vt' <C »j»- >■ "'■> f *kvt?»V *> .4 (M CV ;j/"' ■V" < '\-.V%:''^ c -s. ii fe'i.>:y: >> > >»/. ,v- m^Wm,mmv t .teMfiit *&#<i* >' o %iSPl&3fiEßira&»-i,3#:## |N ,f- K r* 1 *r?r. i i:, v■ *si i iSir v' rCyv^A, 1 I
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      8 37 OMdaakforfeits »M 7 >■' <M| y MOMJp Pfl K
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      37 38 f 9 FINANCING your needs ■HoliMik' <$» j SHI SSe Cecil St (Head Office) 8800 688 p|l 8 4 AA I I East Coast: 348 8262 Beach Rd: 292 1459 QIMRAPIIRA Ang°Mo*K?<r 458 4222 S^angoon 7 299 8855
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      250 39 11^1^ ;:^S ■■•,;> --r--.v-- ~r ;r .v -...v y •'r-..^ i v-.'' |jj "W f I > it .< i itfßV' v- £*>"< •^Li^Krl r ia."V wV y,v*'*.. ay! Vrf>>!< •.>•'' life; ;:>-■* $&t*a ■mm I f <i Vi'VM r\t'' I ■s- ~.;'*»•"<%'-.- /"t",-. <-* '■>>:■ S$?%,KO JZi'ij In the
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      367 41 >1 I I II mb Kfl IB Vfl I ■■■■■H M| K S V V V V H pP ■fejfeiqMfejfe H AfBH H k'J Jp, JJ a HH^^H A HHpi' .■'^^^^K|^B i V^^B fl u Jm I I E fl H H H HH■■V■■■H' B V B B H 9
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      75 43 »*q poaetpc T] Meeting wttti American Express Investment Officer E3 No unread messages No unsent messages 'fll Q 4 ctlve i f ;'f t.M.ttw v If/mly sK& FJP JPI S3' *13®? WSW&- ~f 1 £wEl£Siw £.B ''W^' H "1 JS%4IE 1111 V £?W 4 tew.J> ■»>.,!-■: 391 1 j*? •i
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      487 44 The Dynamic Tri-Sector Fund I first ever •v/.-inon Act now to put your money where it has il< pi !t r.: ti; i ■s; > >, potential to grow. Contact any of the distributors listed below for details today. Invest in the best performing sectors and LOCK in your profits
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      286 45 ■> < i at 1 f '-I > I J^>'"' >v,f s .v fM V&'#sz!i IE tiwl mm£s Mtfiif "»^4''"^-V^? -!T f r r"^•* *< "?'••>?'- •'V--.i>i"\v-^*vv£/v v'« c *"-t4t Vvt~Vy>J>. v V 'V IF 'v» 'v,*-;> Isg* %4 r Invest online at www.uobgroup.com/uobam. It's the easy way to invest
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      515 46 KPMGSeminarSeries Internet Banking Technology Risk Management Seminar Thursday, 28 June 2001,8.45 am to 1.45pm, Orchard Hotel Singapore What Due to increased competition, the plethora of available banking products and the continued pressure on margins, banks are seeking new channels through which to offer their services. One such channel is online
      515 words
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      88 47 long-term o^HwlljMH Proven charges to you by in fundamentally and for the to $10,000 have grown to December free Our charges are the our As our you Plus you enjoy up to 3 times for death and permanent V Transfer your CPF savings into our 9 expertly managed funds B
      88 words
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      387 48 Insurance ■ElKl ioo* capital guarantte J fun'dunltswl'ttKi Jt iSffi partially invested in units to increase I m potential returns I Simply fill in the following and mail fax back to us and you stand a chance i ■K profit from investments not guaranteed K t0 win $lo ooo in units
      387 words
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      230 49 V Found your idoal. one, and want it fast? 1 'V VV .li- 1 ht "■X -i- -Vi (e v i v->' 4 ijto j'VW Tradf :,v t -V- Y t _t.' <- v 1 V \i* f •<* -V- ■'I*i~ 4"- t "'v 'y! v n J iVVSijjB M*?-
      230 words
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      388 50 ■H RM|H|P|^H^^H^ F H f 'HB I /Ml 8 I LH JlPlf Vfl Bil x Jaßy- fISH i jf" 13 t~i A Some things don't last. Your lifestyle shouldn't be one of them. There are some things that will change over time. Standards of living. Affluence of society. Hairlines and
      388 words
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      425 51 I W H jM mI i 1 t^^M^B^Mb^A. Will you have money saved to comfortably when you The taxman worried that you may So you a by the Supplementary Scheme (SRS). This allows you to tax never before, when you invest a portion your or you can up to 15%
      425 words
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      92 52 „I J j- Only 1.36 kg 'Smallerthan A 4*1.100 ANSI lumens 1L I 2 J „JL Stunning performance 5-year international warranty* Total Control JL 3. v^_^_You.j^e..tlieLi^nte Be the focus with InFocus LPI3O, the ultimate for the travelling world. i i i i H |P I •*•>. t ®SftRSSSS22SS 1, ,1w
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      303 53 HI m RmJßt '■in.. I,"' f^sMß| :> W) J&v, v J^^Hi /gtiaß[^^^pagPEt* *t i^M^' •ni.«ialp-.».11 »v4H|^^^HHMHraSH^^^^H >'S hBIIB ijjk -~^tK3-/fl^M 'i Ap x N lBHVSflM^jk. jf jj o^'' ~mL V^sT^^> b I oX^* Vc^afcAT ySgsSgr -22£p5?3u B o«x p»«<O» 'jLy 1 -r. \T*~* H Bv y TlififlßnC'" c A v
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      133 55 M -fry :> <Wf p •-> y«..;' l^B ■pr A ft v gK,: ■pF 1 _^4#*'-'*•*>••' a i„aißi# p PP :f> I *f-ig-faaMiffil' 4lr JH if? fi||||l p S&Jt 1 N Milf v WW HiwMHwllK'- IS jfl I *'£%§!s&'* f i!\V3fc r I'< IHBBI#* •11 BJ t.);' jv > f
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      156 56 J Another new service brought to you by POEMS Real time quotes for Stock Exchange of Thailand at your fingertips What better way to trade online than with POEMS, which provides a complete and comprehensive range of trading tools and products that offers you convenience and confidence. One Trading Account
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      210 56 MORIPLAM I COME ENJOY THE BREEZE WITH US. WITH IDD CALLS NOT ONLY ONE OF THE MOST AFFORDABLE, BUT ALSO ONE WITH L SUPREME VOICE QUAUTY. AND THE GOOD LIFE CONTINUES WITH J IVJTlltlllt.iHl.WE RE GIVING AWAY fjJ. J FREE SLEDGERS GIFT PACKS* WORTH SBO EACH. SIMPLY BY SIGNING UP
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      241 57 National Australia Bank presents... Two doorways to satisfy your financial needs. National Australia Bank provides you with a full range of to Deciding how to make your hard-earned money an easy task. At National Australia Bank, our Client Relationship Managers will tailor financial solutions to meet your immediate and future
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      3 57 ThinkßlG M t
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      38 58 (tod; iffli© Ddosil not utainr M2®dl DD®pd&M iff^^Si^MMfll^S ifSi"7 Pla HIA It «£> ~*s %^'J^---^! tki mm, }Ul J u 4 1523 or visit any of our 28 branches now! HONG LEONG FINANCE LIMITED www.hongleongfinance.com.sg SINGAPORE FINANCE LIMITED www.singaporefinance.com.sg
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      166 59 ThinklFS I^Rg is an objective shared JjMk by most SMEs. Growth however, isn't always easy to achieve. That's where we can help with a 4 wide range of financial solutions to many of the challenges faced by To meet the need for more working capital, we provide: Jr domestic and
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      210 60 I vif- w V r/ 1 One-to-one banking from HSBC Premier. r jfll ivv pi fl K Support wherever you are. At HSBC, we know the worldwide. Plus 24-hour access to your finances through phonebanking real value of relationships. That's why every HSBC Premier customer ant *he Internet. On top
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      118 61 BF v v .^sii It isn't about getting there. It's about arriving there. At UOB Privilege Banking, you will realise the difference. Here, banking is not a routine. It is a personal experience. With your own Relationship Manager assigned to advise you on our full range of investment opportunities and
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      968 62 A SPECIAL ADVERTISING FEATURE BY CITIBANK How do I reap rewards in both up and down markets? MY contact details 1. Develop a long-term investment plan 3. Reduce risks by diversifying Name At Citibank, we'll help you get started with a systematic, long-term plan. your investments office no: hp/pg: With
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      97 63 €SBp A MMSBr VM BangkdHH^^^K Phn Chi Min^Cil^ :&sfe I^fe r^.t. Backed by a century or experience and its extensive Wfr MWMB^M^M Asian network, Credit Indosuez offers I■ wff'Sli :x^ Wholesale Corporate banking S^H Debt and Capital Markets Foreign Exchange and Treasury Products Corporate and Investment Banking Services 9 Asset
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      327 64 the j^^H^BBIHJHHUH REVOLUTIONISE 1 M the way you do tJ'®'[ j^^^J^Bßs^^j|||^^^^^lßMH||^K^BßMl^^P^B^ Rewriting the Rules The Power of Rule Hflßr V Management Technology T" Venue: 1 lftss V \HgM A l| J Grand Hyatt Singapore, %y\ v J Level 2, Grand Ballroom 'AiSW\* C To stay competitive today, your business must
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      283 65 Reuters THE Baltic Dry Index (BDI) fell nine points to 1,452, the Baltic Panamax Index (BPI) dropped 21 points to 1,504, the Baltic Handymax Index (BHI) shed 29 points to 9,587 and the Baltic Capesize Index (BCI) was down two points to 1,786. TIME-CHARTER: ♦Royal Cosmos (built 1998)
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      Lock icon MARITIME STOCKS
      308 65 sex 'ooo 22 SS Vol CWT Distribution 0.58 unch 4 ChuanHup 0.31 unch 3t0 Cosco Investment 0.21 0.01 983 Freight Links 0.08 unch 287 GB Holdings 0.38 unch 0 IMC Holdings-HK 5.60 unch 0 Jaya Holdings 0.16 unch 404 Keppel Corp 3.42 0.04 804 Keppel FELS 1.01 0.03
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      Lock icon Help end maltreatment of seamen, SSA urged
      640 65  -  Life at sea modern slavery for thousands of seafarers: Icons By] Beth Jinks [SINGAPORE] The majority of reputable members of the shipping industry are not doing enough to stop dangerous and exploitative practices by the minority, according to International Commission on Shipping (Icons)
      FILE PHOTO  -  640 words
    • Article
      Lock icon Why salvors clamour for responder immunity
      786 65  -  STRAIT TALK By Seafarer THOSE not directly involved in the salvage industry may be unaware of the big issue that gets salvors agitated these days. It is responder immunity, or more precisely the lack of immunity in certain circumstances. Now this might sound legalistic
      786 words
    • Article
      Lock icon Wan Hai now PSA priority customer
      168 65 [SINGAPORE] Taiwanese container liner company Wan Hai Lines will enjoy priority customer status as a result of a customised service agreement it signed recently with PSA Corporation. Under the agreement, PSA Corp will provide an unspecified package of services and rates to Wan Hai.
      168 words
    • Article
      Lock icon Star Cruises posts marginal rise in Q1 profit
      290 65  -  By\ Donald Urquhart [SINGAPORE] While shouldering the heavy weight of financing its purchase of Norwegian Cruise Lines last year, the Malaysia-based Star Cruises Group reported a marginal rise in first quarter 2001 earnings. The group recorded a net income of US$4.4 million
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    • SHIPPING news
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        Lock icon China building e-port in Dandong to streamline trade
        419 66  -  Aim is not only to improve business efficiency bnt also combat smuggling, tax evasion P T Bangsberg CONSTRUCTION of an "electronic port" has started in Dandong in China's northeastern Liaoning province, seen as the spearhead of a number of such streamlined gateways.
        419 words
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        Lock icon Dressed for spill
        94 66 [SEOUL] Disabled from oil probably dumped by a ship emptying its bilge pumps, a male fairy penguin seen on Australia's Phillip Island Nature Park, near Melbourne, is dressed in a knitted woollen sweater to keep him warm and to prevent him from digesting the oil when he
        REUTERS  -  94 words
      • Article
        Lock icon CIG Zhapu joins IT Club
        137 66 [LONDON] Mutual insurer the Through Transport Club (TT Club) has added the CIG Zhapu Terminal in Jiaxing to its list of members. The club is providing the terminal with liability insurance for handling bulk and breakbulk cargo. The club said that it expects the terminal,
        137 words
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      Lock icon SHIPPING SCHEDULES INDEX
      279 66 PACE Ahrenkiel 12 Appenship 5 AsiaOCL 11 Assets 5 Austral 6 Avant 12 B'tang Mas 6 BSA 7 BTL 12 Bangladesh 11 Balaji 4 Batamindo 11 CCNI 7 CMACGM 3 COSCO 3 CSAV 3 Central Ex 6 Chahaya 12 Cho Yang S China Shpg 5 Confer 12
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      Lock icon SHIPPING GUIDE
      18184 72 THEBUSINESSTIMES THEBUSINESSTIMES Pages EXPORT WEDNESDAY, MAY 23, 200 ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number To ABIDJAN (ABJ) 2003 Cote D'lvoirc 30/05 04/07 COSCO EMPRESS PHOENIX 0103W 65-*****00 30/05 07/07 Delmas DELMAS SURCOUF 121W 65-*****44 03/06 04/07 MOL P&O NED ARICA 8302A 65-*****(6
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    • SHIPS IN PORT
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        Lock icon CONVENTIONAL WHARVES
        726 77 Vessel Voy No Berth Arrival Departure Jmi ftrt Orient Petri 106 JM 21/05/6:00 23/05/7:00 Bt Jaya Raya ***** J01 31/05/7:40 21/05/20:00 Bt Jayaraya3 ***** J01 21/05/7:45 21/05/20:00 Kimtrans Xpr 01-May J15 21/05/7:35 22/05/12:00 Winstar 8 *****1 J03 21/05/7:00 21/05/15:00 C Progress 21/05 JX) 2V0V8 50 2V05/16:00 Teranq 18
        726 words
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        Lock icon CONTAINER SCHEDULES
        1969 77 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/Mine* Rjtls Ship Voy Mo Etb/Btr Ptriod From To From ACHIEVER 402 24/20:00 21/800 2V*M 21/1400 2* 21/T700 22/0654 22/0400 21 21/1700 22/0654 22/0100 3 22/0700 22/184 22/MOO 4 22/1200 22/1454 22/1700 ACX MAGNOLIA 0371 22/23*0 21/1900 21/HM 21/800 2A
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        Lock icon GLOBAL HOLIDAYS
        178 77 May 24 Belgium: Ascension Day Finland: Ascension Day Netherlands: Ascension Day Indonesia: Christ Ascension Day May 28 US: Spring Bank Holiday UK: Memorial Day Canada: Victoria Day June 2 Malaysia: King's Birthday Jane 4 Malaysia: Birthday's of Prophet Mohammed SAW Indonesia: Birthday's of Prophet Mohammed SAW New Zealand:
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        Lock icon COCKETT BUNKER MARKET REPORT
        788 77 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 indicated. The Cockett Bunker Price Index change and
        788 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        571 77 Carbon 180 Max 981.8 0.3 122 0.07 40 0.03 May 17 Density Water IhMm Ask Ahimintam Sediment No above E2S 0 0 0 0 0 0 380 Ave 985.3 0.3 13J 0.06 20 0.02 tai, 380 Max 989.7 0.9 16.1 0.09 45 0.04 >WW3 %y/y »M/M
        571 words
    • AIR & LAND transport
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        Lock icon Boeing confident Japan firms will work on new jet
        321 78 Existing deals with Japan partners don't prevent them from working for Airbus Bloomberg [TOKYO] Boeing Co is confident Japan's biggest aircraft makers will help develop a proposed fast jetliner, as rival jetmaker Airbus Industrie steps up efforts to woo the three
        Bloomberg; AFP  -  321 words
      • Article
        Lock icon Lufthansa's April passenger traffic rises 4.6%
        282 78 The increase is led by its European and Asian routes Bloomberg [FRANKFURT] Deutsche Lufthansa AG, Europe's No 1 airline, said passenger traffic rose 4.6 per cent in the April from a year ago, led by European and Asian routes. The airline's load factor, or
        Bloomberg  -  282 words
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        Lock icon American airlines' move to raise fares fails to take off
        430 78 America West rolls back fare hike move as Northwest refuses to play along Reuters [NEW YORK] A move by airlines to raise fares failed to take off on Monday after No 4 US airline Northwest Airlines Corp refused to play
        Reuters; FILE PHOTO  -  430 words
      • Article, Illustration
        Lock icon Emirates to order Rolls-Royce engines for new planes
        264 78 Rolls-Royce close to announcing USsl.Bb order from Dubai, says report Bloomberg [DUBAI] Emirates airline said it plans to buy RollsRoyce engines for 19 planes ordered from Seattle-based Boeing Co and Europe's Airbus Industrie, and may purchase them for another seven superjumbo A3Bos
        Bloomberg  -  264 words
      • Article
        Lock icon Air NZ still sees loss: chief exec
        370 78 Bat he says carrier hasn't asked govt for money despite woes Bloomberg [SYDNEY] Air New Zealand still expects to lose money in the year to June as the carrier tallies the cost of higher fuel, falling business travel and woes at its Australian
        Bloomberg  -  370 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1801 78 an maw n» mow n» MMti NBH ixurn iaso mm w A—tartai S023 0835 K1838 2255 6A979 0955 $0328 2325 HT KB mmmmtm MSB llllial ****** 2045 ****** 2045 SO 286 2045 $0285 2045 mm* BW 0725 Mw HKA846 OIO M/CAMT 0755 IWipw M07 r»0 S01B2
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      116 65 China building e-port to streamline trade Pg2 Seeing sure Japanese will work on new |et BackPg AIR FREIGHT A SPECIAL FEATURE SHIPPING TIMES SO JUNE 2001 B B 11> IBM I you are the freight, y A logistics and related businesses, 20 June 2001 could bring v f unprecedented opportunities.
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      6 65 The Leading Cruise Line In Asia
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      1096 66 I NORTH AMERICA I EXPORT I I OTHER DESTINATIONS I SSX SUPER SHUTTLE EXPRESS DIRECT TO LONG BEACH WEST COAST OF CENTRAL AMERICA (MARGARITA SERVICE) Visa. VOT TTST" EIPSM LONG KMX BMIAS HOUSTON OOCAGO WW TOM HKOOTT Vtssa VOT I ri-OMrm ACAJMIA WWIOMCO ammo PTCAUHU MCMVMTIMA 000 AMIRKA 5821 23/05
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      85 66 SANKYU (S) PTE LTD 11 CLEMENTI LOOP, SINGAPORE *****3 TEL: *****40 FAX: *****11 CFS: KEPPEL DISTRIPARK BLK 513 #01-128 SINGAPORE *****9 JAPAN PORTS Hong Kong A All China Port* lEVERY THUR SUN VESSEL! VESSEL VOY FTP SIN ETA TYO ETA KOB ETA YOK ETA HCO ETA OSA ATLANTIC BRIDGE V.*****
      85 words
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      718 66 Lines services represented by l\ Members of the Registry of Accredited Shipping Agents, no*»» jy Singopore Shipping Associotion Members of the Singapore Logistics Association gjg ULY ONE MALE VfSSfL HWY [~nA Tn* ETA P. KLANG SPORE MALE Empress Uly VO5Ol 04/06 05/06 11/06 Princess Lily VO5Ol 19/06 20/06 28/06 Empress
      718 words
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      1318 67 TO EUROPE FROM EUROPE VOY at RTM ANR HAM IRV SOU FIT UH IvBSE I VOY RTM AM HAM MV SOU FIT LEH St I API JAM 103W 24/05 16/06 13/06 14/06 11/06 API GERMANY 032E 07/0S 04/0S OS/0S 01/05 25/05 MOIRHWE 540W 25/05 10/06 12/06 15/06 16/06 HYEMPBOR 3341
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      1847 67 TO AMN T/T xlO MYS 1 Vr JIM AM J* T/T tl2 MVS I AQABA T/T: 15 DAYS J AKtmm f£i?Ss^!2. J 1 00 IfL4 JSI^/ 43 FAX: s££!/£L —UTStt OfEICI PASIR GUDANG TEL 07-*****66 FAX: 07-*****70 COSTAR SHIPPING PTI LTD %p%j*L£j2" SSH&I2 EE.5 A,,G 03-*****433 03-*****6 M CR NO:
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      486 67 VESSEL TOY SIN PKG VOY SIN HKG KEI USX PUS IXC *BS£L TOY SIN JKT SUB HTUNMISPBNia OS9S 2S/0S 01/06 OVOHMIt OMI6 09/06 ggggjg jjf OUQt AQUUf 0441 26/05 30/05 01/06 KMK SINGAPORE IQSS 01/06 03/06 DORIS WULff 10SS 04/06 06/06 08/06 HYUNDAI ADVANCE 037E 27/05 31/05 05/06 KMTCttELUNG 107S
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      1424 68 SENATOR LINES TO EUROPE TO MIPPH IAST/KAN/MD SEA VtSSB VOT SM l£H IT» Ml HW BY [U ytsSft VOT S» DM JB HANJMIOW 00 MW 72.05 04.04 10.06 11.0* 12.0* 13.0* M.o* FOWMfT 0014W 2*05 02.0* 05.0* M.o* 10.0* HAJUM KKUJNG 0001W 25.05 16.0* 17.0* 14.0* 15.0* ILO* UNOOf 00I4W
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      1070 68 AO MAC-NELS SPORE M'SIA Cwltn MR CONTR LINES, INC P. GUDANG: (07) *****28 rlvy Vvl OMNOKammM SOU: (064) *****9 MAMLA: (632) *****24 PCNAHQ: (04) *****36 BANGKOK: (162) *****67 SURABAYA: (31) *****11 ft KBAWQ: (03) *****77 JKT (21)*****48 KUCHNQ (062) *****1-3 LONG BEACH 1 FILIXSTOWI/HAMBURG MV "HANJIN BEIJING" V.026E MV ETA
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      527 68 EXPRESS CONTAINER FEEDER FOR INDIAN PORTS FOR NSHEVA (CFS MUI UNO MUMBM) COCHIN COLOMBO ALSO ACCEPTING TO ALL NORTHERN AND WESTERN I C O POINTS Vessel VOY SPORE N SHEVA COCHIN COLOMBO P.KLANG TULSIOAS 142 20 MAY 29 MAY 01JUN 04JUN 08JUN FRONTIER 110W 27 MAY FOR DISCHARGING ONLY/PHASED OUT
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      1460 69 VESSEL VQY KHH HKO SIN PKL PXB BAB DMM UK IRAN TABATABAEI PCI-208 22/05 23/05 26/05 27/05 03/06 04/06 06/06 08/06 IRAN KERMAN PCL-209 29/05 30/05 02/06 03/06 10/06 11/06 13/06 15/06 IRAN ISFAHAN PCL-210 05/06 06/06 09/06 10/06 17/06 It/06 20/06 22/06 IRAN HORMOZGAN PCL-211 12/06 13/06 16/06 17/06
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      455 69 4 VT7SI k I Loading for I OCEAN RANGER RDM/ATW/BMN/UK I EFESSOS RDM/ATW/BMN/UK I Loads Singapore. E./W. Maiaysta, Indonesia I Loading for MORNING STAR DBI/ABU/DOH/BRN/DMM/KWT WAGLAN UGHT D6I/ABU/DOH/BRN/DMM/KWT SEA RENOWN DBI/ABU/DOH/BRN/DMM/KWT PAN EXPRESS HDCVJDH/AQA L DtMITROVA JDH/AQA PAN QUEEN DBI/ABU/DOH/BRN/DMM/KWT PEUNOVO DBt/ABU/DOH/BRN/DMM/KWT 'Loads Singapore, E7W. Malaysia. Indonesia I Loading for
      455 words
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      1237 69 EXPORT I IMPORT YISSEL VOV SIN LEM RTM ANR HAM RHV jR» VESSEL VOY I RTW I HAM FU ItH ,Si PORTLAND SEN 016W N/05 15/06 17/0* 18/06 19/06 20/06 21/06 |HJ KUMG 026E 03/05 05/05 07/05 10/05 27/05 Hgjgar 6t»W 65/66 ff/U 1476T ***** ***** VM;2iM M LONDON 035E
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      471 70 ASIA MEDITERRANEAN EXPRESS (AME) WESTBOUND SERVICE VtSSEL V Y SIN PW I SPt I UH I FXT I ANt I 1 MSC RQSKIIA ***** 2iM ILIUM p 12JU1 21JUN 22 JUM 1 MXANIELLQ QI22S U HJIIM 2QJIW 26J1U1 28 JUH 2? JUN 1 MJm ***** 12J1IH M M *****1 05
      471 words
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      854 70 JAIUmTWUtJAItO VKsa I »0T sw m mip ioT~ vtssa I vot Isw I jkt m NAMTA IHUM S4IN 76/05 30/QS 71/05 HAKIIMUM 433S 26/05 71/05 mama m jim w ml. M— g m m—— SHIMANAMI 4»t 71/05 01/06 01/06 177 <M* WUHUM 71 IN 71/ OS 07/06 lMy MM: TJTN
      854 words
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      708 70 INDONESIA NATIONAL LINE TO AUSTRALIA "1 FULL CONTAINER SERVICE va VOT KG SM HK X STP MB. HBA AH. HI NYKHHK OK 72/05 23/05 29/05 04/06 06/06 09/06 PONDNSAM ~m 79/05 30/05 09/06 H/06 13/06 16/06 ARMORY m M/ 0605/06 11/06 17/06 19/06 22/06 reniMM 10S 11/06 12/06 22/06 24/06
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      423 71 BSfl it. mm. MYANMA «BBk FIVE STAR UNE K (Myaanar National Um) w Loading for Yangon VESSEL VOY SIN PKI PEN PGU lAGO HOW SU> MONG LA 45W SU> MALAYSIA AGENTS: IOUSTIAC SHIPPING AGENCIES KUL m 03-*****300 PKI: HI 03-3176*101 PEN: TEI 04-2****** PGlh TEL 07-*****21/4 BANK LINE (A service
      423 words
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      1225 71 HYUNDAI MERCHANT MARINE CO., LTD. Ivtssa vor si sou 1 ibi burr I awt I hmr [wv IVESSa vonr sou un I rtm I ant I ham I brv |sm API JAM 103W 24/05 11/06 16/06 13/06 14/06 **«OSa S3* 04/05 05/05 21/04 01/05 23/05 MOIRNNE 540W 25/05 15/06 16/06
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      1085 71 vftv WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERICA "CAR RORO HEAVTUFT SIRVKI" [VESStL VQY IW HEIGHT SIN I LK' MAO MIA I SAV lAL OtF I NYC I NEW I MOI 1 TOM AHII2 4001 ms 4JM 09/0* 15/07 IS/07 20/07 22/07 23/07 25/07 29/07 31/07 TARONGA AHII3 400 Tom
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      75 74 New Advertisers/Services/Agencies fW Penguin Speed Cargo Pte Ltd M&m Tel: 214-0010 Fax: 214-0020 Batam-Singapore-Batam Express Strvkx See page 4 BALAJI SHIPPING See our full range of Services on page 4 tffKt SINGAPORE PTE LTD W IS McCallum Street #03-01/02 Natwest Centre Singapore *****5 Fax: (65) *****66 Email: generaie>ecusin.eculine net Website:
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      379 75 m SASIA EXPRESS LINES J" SINGAPORE AGENT: JARDINE LINER SUPPORT SERVICES vtssa voy smGATOti nsm guoamg pobt kelang penang mmm PAMOMCHT OS/Oj 26/05/2001 27/05/2001 28/05/2001 SUI INDUCEMENT 30/06/2001 GBACHT 06/01 26/06/2001 27/06/2001 28/06/2001 SUI INDUCEMENT 30/07/2001 GBACHT 07/01 26/07/2001 27/07/2001 2S/07/2001 SU» INOUOMtNT 30/00/2001 GBACHT 00/01 26/08/2001 27/08/2001 28/08/2001 SUB
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      160 75 FORTNIGHTLY BREAK-BULK SERVICE TO COLOMBO SPECIAL RATES FOR STEEL, MACHINERY ft PROJECT CARGO MV CARRIER! ETA SPORE I ETA COLOMBO ICHENNAI (MADRAS) 06-06-01 lt-06-01 19-06-0) ■v OCEAN ETA SPORE MUMBAI (BOMBAY) KANDLA STAR 28-05-01 09-06-01 11-06-01 HIV TBN ETA SPORE CHITTAGONG YANGON 19-OS-01 24-05-01 28-05-01 ALSO ACCEPTING BHE<<BUII< 10 NHAVASHEVA
      160 words
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      169 75 INDIAN OCEAN ISLANDS/SOUTH AFRICA VESSEL TWU KK MM TGI SM PI MIS RSJMON MM B K CT EXPRESS HYFNESTOS VOY 011 SdU S*d SM 5*4 \M SM 21/05 14/05 2S/0S 26/05 WW 012 15/06 11/ M 22/0* 25/00 21/00 02/07 12/07 17/17 21/17 21/17 21/17 J RIPBUSAHAAN PB/OGIRAN KALIMANTAN DIRECT
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      160 75 vessa voy eufu my m etasm my HMUSMKI IOtSS 71.05.01 H» IOKH 22JK.01 TUE KUALA SIAKI IOHS 2X05.01 WD 10KN 24 05 01 THU KUAU SUII 10WS 24 0501 THU 1097N 25.05.01 HB KUAU am I lows 25.05.01 SAT IOWN 26.05.01 SAT niAUSIAKI lows 27.05.01 SUN I OWN 21.0101 HON
      160 words
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      264 75 ENG LEE SNIPPING CO PTE IJD I MK4 Ws *****22 (10 Umi) F«: *****38/******0 T IiIIIMIIIIC vissa vor sm eta sin ftd destination Sinor Central 07/01 22/05 23/05 Duma/Pefawong Umon Star 8 03/01 24/05 24/05 Jomb/K Tungkal Ungui Joya 06/01 25/05 26/05 PRW/TKB Union Star 32 05/01 26/05 27/05 Suraboyo
      264 words
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      606 76 I- VESSEL VOY SIN MAA SIN I TIGER BRIDGE 900N 12 12 06 18-21/06 I TIGER BRIDGE 896N 3a30/06 04-07/06 12 12/06 I TIGER SPEED 897N 02 03/06 07 10/06 15-16/06 I TIGER METRO 898N 05-05/06 11-14/06 18-19/06 I MILDBURG 07N/01 08-08/06 14-17/06 22 22m I TIGER RHYTHM 899N 10-10/06
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      1184 76 FREIGHT LINKS EXPRESS PTE LTD 51 Penjuru Road, 3rd Level, Freight Links Express Logisticentre, Singapore *****3 Tel: *****11 Fax: *****77 E-mail: flesirr@singnet.com.sg PIRECT LCL CONSOL MANZANILLO VALPARAISO APL TOURMALINE 045E P&O NEDLLOYD ANDES 6402E ETA SIN: 4/06/01 ETA SIN: 26/05/01 FOR BOOKING: *****35/5539/5541/5553/3494 PROJECT SHIPMENT A HEAVYUFT CARGO (CONVENTIONAL A
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      1046 76 h h jh OfllATOt COM: PD Dll I lIVICC Q NO; *****M0000C Vfcfeitt http://pdzlMt.CM /MM y ru MM I liuro UMfc TIL 02-22MJ33 FAX: 02-221-5272 MMM Wm mm CUSTOMS) SBTVKE: TIL 02-221-5596 FAX: 02-227-1190 SMGATORE: TONG JOO SMPMNG PTE UD Nrf tidh|iftji 111| nHZnZEI^BSBIIIEni^^BIBnBnBBDEBHBEfiIBBIEnB^^^EffIn GUOO 2115* 23/05 GNU ***** 23/05
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      69 76 CONFER (S.E.A.) /gd SHIPPING PTE LTD TEL: *****68 FAX: *****45 DIRECT CONVENTIONAL SERVICE TO CHITTAGONG VESSEL S[N CTG A. A. VENTURE 25-27 MAY 02-07 JUNE DIRECT FCLACUCONVENTIONAL SERVICES TO:Indian Sub-Continenl Madras Calculla Bombay Karachi Colombo Chittagong Tuticonn Cochin Far East HoChiMrnh Haiphong Hongkong Manila Bangkok Busan FCULCL Services To: Australia
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      138 77 (xj i :ijilsL- 1 IR:#::#:-::^ l? m >^r A 105fe irtm 12DE 2|2|^ v Issued by Meteorological Service Singapore K Thunderstorm S owe Temperature CWind direction and speed in knots Rain Weather Cloudy Day oo Hazy Sea Conditions Wind speed symbols S ght K y 2 m 0 Full circle
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