The Business Times, 30 May 2001

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Total Pages: 42
1 42 The Business Times
  • 22 1 THE BUSINESS TIMES MITA (P) 107/03/2001 S I N.G A P O R E Internet: http7/husiness-times.asial .com.sg/ WEDNESDAY, MAY 30, 2001 85C
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  • 78 1 □m MB3JS (+5.70) wmvr-m U mui (+4.00) ST INDEX rtrruiES M7HOO (+2.00) smso ivruus aosjo (+0.80) STOCK mabket indices Tuesday Change KLSE COMP 667.12 +L63 NIKKEI 22$ *****89 *36.12 HANG SENG 11,629.61 -109.46 SETINDEX 369.47 -134 JAKAHTA COMP ***** +1169 MANILA COMP _JJ86.43 -9.69 TAIPEI WPI £,***** +16^4
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  • 78 1 FOREX BATES uss s$ l SS (SSperUSS) L81o £(USS/S$per£) 1.418 1566 EUBO(USS/SS/E) 0.854 1.546 DM 2.290 1265 YEN 120.3 66.50 RM 1800 1100 HKS 7.800 U10 BAHT 48.44 K.11 RUPIAH ***** 6,255 *S$ to 100 units FUME BATES SINGAPORE* 5.80 KUALA LUMPUR 7.67 JAKARTA .39.00 BANGKOK 9.50 MANILA 11.00
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  • 820 1  -  Proposal calls for Qantas to buy 55% of ANZ from SIA and Brierley, while SIA takes on Ansett Byy Conrad Raj [SINGAPORE] Singapore Airlines has begun exploratory talks to sell to Qantas its 25 per cent stake in Air
    820 words
  • 548 1  -  rnnsmm By Beth Jinks [SINGAPORE] Australia's competition and consumer watchdog said yesterday the proposed moves involving Qantas, Singapore Airlines and Air New Zealand could struggle to get regulatory approval. Australian Competition and Consumer Commission (ACCC) spokeswoman Lin Enright told BT the
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  • 837 1  -  mi-MAinmm Recent sales bear out govt's view that units will move if prices cnt By' Vince Chong [SINGAPORE] Prices of executive condominiums (ECs) and 99-year leasehold suburban condos may have hit bottom, according to property market experts. They say that
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  • 533 1  -  ■UmAMLHUH Proposed Sonic Crniser is 15% faster than any passenger jet By George Joseph [SINGAPORE] Boeing Company chairman and chief executive Philip Condit said yesterday he sees no reason why Singapore cannot be involved in the design and manufacture of parts for
    ARTHUR LEE  -  533 words
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    • 251 1 JAPAN ECONOMY P t Bank of Thailand Markets Back to recession? i governor hopeful •*«<■■* 0 Vf VB ,,WI r Inrlrkii rricic »IIIOUIl ClIolD More than 50% of companies \m Sacked ending freezing recruitment Next Page "Next Page MAS posts RM1.3b loss "Pg 11 v'" DBBPE Exec Money SRS: A
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    • 15 1 Prop prices 50% below fair value, Pg 8 Lengkong Gardens up for enbloc, Pg 8
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  • NEXT page
    • ON THE grapevine
      • 96 2 WE all know it's more a question of art than science, but marrying the two can be pretty profitable—when you know how. Mei Jianpeng, a professor of finance at New York University's Stern School of Business, and Michael Moses, an art collector, have together created
        96 words
      • 89 2 ALTHOUGH it appears no expense was spared in furnishing the new offices of the Government of Singapore Investment Corporation, some of its sofas and chairs are not going to get the imprimatur of Senior Minister Lee Kuan Yew. After a 45-minute press conference to mark the opening of
        89 words
    • 629 2  -  Players see imminent passing o! baton, with 6ns Dnr left with only 2 options resign or be impeached From I Shoeb Kagda in Jakarta INDONESIA'S financial markets yesterday posted strong gains as investors grew increasingly optimistic that the country's prolonged political crisis was
      629 words
    • 616 2  -  Move deals blow to independence of central bank From'. Harish Mehta in Bangkok THE Thai government yesterday sacked the independentminded governor of the Bank of Thailand, Chatu Mongol Sonakul, foUowing his adamant refusal to raise interest rates on deposits bringing him
      FILE PHOTO  -  616 words
    • 670 2  -  Koizumi faces grave risks if he poshes ahead with financial, economic reforms From, Anthony Rowley in Tokyo A SLEW of new official data released yesterday appeared to confirm that Japan's economy is plunging back towards recession. At the same time, the figures
      670 words
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  • SINGAPORE companies
    • 327 4  -  News of GES' plan to buy Eltech stake pushes its stock down 9% to 81.5 C while Eltech closes at 2-month high of 34c By David Boey SHARES of computer distributor GES International and electronics contract manufacturer Eltech Electronics both changed in value
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    • 259 4  -  Nokia to install fall range of telecoms equipment; work to be completed by Q3 By] Marissa Chew MOBILEONE yesterday said it has signed a US$4O million contract with Nokia to expand and upgrade its GSM Smart Dualband network in Singapore. Under the agreement, Nokia
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    • 672 4 It wants to avoid stretching resources after a series of acquisitions Bloomberg VODAFONE Group pic, the biggest wireless phone company, said it will not bid for Singapore's second-largest cellular-phone company Mobile One Asia Pte. The deadline for submission of tenders for
      Bloomberg; FILE PHOTO  -  672 words
    • 978 4  -  HOr.Kll.UiHliW r sivanithy WHEN it was first offered some three weeks ago, DBS Bank's new preference shares proved so popular with investors that the size was quickly raised from $700 million to $1.1 billion with the retail portion amounting to some $150
      978 words
    • 306 4  -  Byi Yen Sreenivasan RESTAURANT operator and franchiser Inno-Pacific Holdings has obtained Singapore Exchange (SGX) approval for its planned capital reduction. The company said SGX has approved the listing of 312.6 million ordinary shares of one cent each arising from the proposed exercise. Under
      306 words
    • 366 7  -  Company says cnrrent quarter could see doable-digit drop in revenue By. Andrew Wee WITH current-quarter prospects glum, electronics major Flextech Holdings plans to look to North Asia for new business opportunities. For its first quarter ended March, Flextech grossed estimated revenue of
      FILE PHOTO  -  366 words
    • 184 7 SINGAPORE Computer Systems (SCS) yesterday announced its e-commerce business foray into the China market with plans to build an Internet trading portal targeting the textile industry there. SCS has invested US$l million (Ssl.B million) for a 30 per cent stake in
      184 words
    • COMPANY Briefs
      • 75 7 Bloomberg SINGAPORE Telecom shareholders have approved its plans to raise funds to buy Australia's Cable Wireless Optus, and agreed to get rid of the government's veto right. Sing Tel estimated in a May 21 bid document that the Optus purchase would cost $12.8 billion.
        Bloomberg  -  75 words
      • 57 7 Reuters AVAPLAS Ltd said that for the year ended March 31, net profit rose to $4.67 million from $4.46 million a year ago. Turnover rose to $52.9 million from $46.84 million previously. Avaplas is engaged in precision engineering plastic injection moulding and sub-assemblies of
        Reuters  -  57 words
      • 37 7 Reuters FOR the nine months to March 31, Aussino.com reported a net profit of $4.4 million, down from $5.51 million the previous year. Turnover increased to $29.27 million from $24.33 million. Reuters
        Reuters  -  37 words
      • 62 7 Reuters MIYOSHI Precision said that for the six months to Feb 28, net profit rose to $3.26 million from $2.54 million a year ago. Turnover increased to $33.04 million from $21.56 million. The precision components maker said its performance was boosted by new contracts. It
        Reuters  -  62 words
      • 32 7 ABR Holdings said Teng Theng Dar was appointed group chief executive officer on May 22. Mr Teng was previously chief executive and managing director of Consolidated Foods Australia.
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    • 477 7  -  Net proceeds of $3m mainly for repaying bank borrowings w Trina Foo HOMEGROWN lubricants and specialty chemicals manufacturer AP Oil International yesterday launched its initial public offering of 17.55 million new ordinary shares at 23.5 cents each. The placement tranche consists
      477 words
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    • 207 4 M AA Aff mm&m zF= INT€RNRTIONRI LIMIT€D (Incorporated in the Republic of Singapore on 24 December 1975) Initial Public Offering 17,550,000 new ordinary shares of $0.05 each comprising: (1) 1,000,000 Offer Shares at $0,235 for each Offer Share by way of public offer; and (2) 16,550,000 Placement Shares by way
      207 words

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    • 349 5 Nissan Cefiro 3.0 yf.. *F%|j|gjßpji' L$ The award-winning VQV6 engine, rated by Ward's *J IT l| lIIIT Auto World (USA) as one of the ten best for seven consecutive years, marries power and smoothness as 11 £k only Nissan can. vUUCII 'HI I ll M^W), 'cvv,-r 42^ llj 0 n
      349 words

  • SINGAPORE markets
    • 305 6 1 Stocks Volume Tianjin Zhong 26.444,000 Surface MT HK20c 21.736,000 AddvalTech 2.5c 17.405,000 Beyonics 10c 16,831,000 AEM-Evertech 5c 16,736,000 GES Intl Ltd 20c 15,006,000 Eltech 25c 14,997,000 Autron 14,319,000 Lankom US2c 10.682,000 TPV USlc 9,162,000 Stocks Tianjin Zhong 36,090.034 SIA 24.277,713 Chart Semiconductor 26c 20,092,700 VentureMfg25c 19.064.700 SingTel 15c 14.586,000
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    • 632 6  -  STOCKS r. sivanithy THE local market's energy was again focused on the second line yesterday, although as the session wore on, it became apparent that after almost a week of gains, the small caps could be running out of
      632 words
    • 256 6  -  HOT STOCK By' Ven Sreenivasan GES International's stock seems to have tanked since the company announced plans to acquire Eltech Electronics in a deal worth up to $76 million. GES, which had been rising steadily since mid-April, fell 7.5 cents, or 8.4 per cent, to 81.5
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    • 44 6 May 29 VALUE CLOSE VTOMM 230.00 -79.00 ■TCADf -*****.00 -23.00 VTUMayMA -*****.00 423.00 DM 50 Mm 558.06 +4.57 0C8C90 532.76 +3.43 MWMlii 429.35 +0.75 mpiwBrt 133.99 -1.48 MEqmMMFIN 1265.13 -1.10 •aimWwhep 476.49 -0.08 unci r pore 209.51 +1.79 MMCIFMww 208.50 +0.80
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    • 186 6  -  WARRANT WATCH By R Sivanithy A NAME change can sometimes work wonders for a company, and for the former Uraco Holdings this seems to have been the case. A look at the accompanying price chart shows that the shares of
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  • 2922 6 UNIT TRUSTS FUNDS Aberdeen At set Mgt Asia Ltd Aberdeen Select Portfolio: Global MNCFd 0 784 0.824 Global Technology Fdl" 0.743 0.781 UK Blue Chip Fdl" 0 787 0 828 American Opport Fd 0.873 0.918 Cont Euro Eqty Fdl" 1088 1 143 Japan Eqty Fdl" 1261 1.325 Anan Fixed Income
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    • 142 7 pay anyone. ™™V WSSSt'*?s■! MH& 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 account, or simply give us your payee's name and address and we'll do the
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  • SINGAPORE news
    • 737 8  -  BTiammwj Survey shows many planning cost-cutting measures, which include downsizing By< Anna Teo THE economic slowdown seems to have hit more companies than the 1998 regional crisis did the sense of "gloom and doom" is now more widespread, and costcutting measures like a freeze
      Source: RDS  -  737 words
    • 495 8  -  IDEAglobal report also says that prices are set to soar in the next few years By* Anna Too SINGAPORE residential property prices are 50 per cent below "fair value" and are set to soar in the next few years, says an IDEAglobal study
      FILE PHOTO  -  495 words
    • 389 8  -  By\ Marissa Chew HOPING to cash in on developers' perception that the market is nearing its bottom, the owners at Lengkong Gardens in the Kembangan area have decided to put their homes up for sale once again. This makes Lengkong Gardens the first
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    • 320 8  -  Byi Angela Tan DESPITE the disappointing 1.2 per cent year-on-year drop in Singapore's non-oil exports in April, the country is seen posting a current account surplus of about US$2O billion this year, SG economist Steven Xu says in a May 28 report. Last year,
      Source: SG Securities Research  -  320 words
    • 500 8  -  DPM cites region's political woes, growing appeal of Chinese economy By Eugene Low REGIONAL political troubles and the growing attractiveness of China's economy are making it tougher for the Economic Development Board (EDB) to attract foreign investments, Deputy Prime Minister Tony Tan said.
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    • 345 9  -  The consortium and 3 others qualify to bid for the management deal fly George Joseph [SINGAPORE] A consortium led by a Singapore Changi Airport Enterprise Pte Ltd (SCAE) venture is among four groups to qualify to bid for contracts to manage and
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    • 360 9  -  MAILI.TTH Marc Liu, Lei Singapore I READ with surprise the report "Serial trawls ex-chiefs e-mail diaries" (BT, May 29). It shocked me that the management of Serial System Ltd had actually dug out its ex-boss' email and diaries and had the audacity to make
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    • 135 9  -  Lee Tung Jean (Ms) Assistant Director (Investment) Ministry Of Finance I REFER to the letter "Let S'poreans invest in a GlCmanaged fund" by Joachim Tan Tseng Tchi (Mailbag, May 28), suggesting that Singaporeans be allowed to place their money with GIC for management.
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    • 251 9  -  By Trina Foo FROM June 1, departing passengers can check in by telephone, fax and the Internet, thanks to a new service by Singapore Airport Terminal Services Ltd (Sats). Nine airlines participating in this service are Air China, Air Niugini, China Eastern Airlines, China
      FILE PHOTO  -  251 words
    • 242 9 This element is key to successful FTA negotiations; A-G AP [CANBERRA] Singapore must improve market access for Australian legal firms if negotiations for a free-trade agreement are to succeed, At-torney-General Daryl Williams warned yesterday. Prime Minister Goh Chok Tong and his Australian counterpart
      AP  -  242 words
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    • 820 8 Fifef} SINGAPORE ACCOUNTANCY ACADEMY I a Training Arm of The Institute of Certified I 5 Public Accountants of Singapore CO#/' Course Background vV Adea*ond conTse step-by-step workshop on how to build a financial model. f*" Asian economic crisis and the current global economic With heavy emphasis on Lls-on mod Sing
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    • 373 9 generation business IBM introduces the perfect family for mixing business and pleasure. Just because you 're not in the office doesn't mean you can leave your work behind. To support your global lifestyle, IBM has made doing business while on the road pure pleasure. We Ve made the ThinkPad X
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  • EDITORIAL & opinion
    • 852 10  -  THE! ■33iSEim3i OPINION paul samuelson The writer is a professor of economics at the Massachusetts Institute of Technology THE latest reports bring good news and bad news for the global economy. The good news is that America did not go into recession during 2001's
      852 words
    • 88 10 'Force against force. Arms against arms. This is what the challenge you hurled against me calls for. I will oblige you.' Gloria Macapagal Arroyo the Philippines president, in a nationwide broadcast, to Abu Sayyaf rebels who had claimed responsibility for Sunday's kidnapping from a beach resort near
      88 words
    • 610 10 EDITORIAL THE invitation by Indian Prime Minister Atal Bihari Vajpayee to Pakistan's Chief Executive, General Pervez Musharraf, to visit New Delhi for talks later this year offers a glint of hope that the subcontinent's two hostile neighbours may at last start to think publicly about buiying
      610 words
    • 1365 10  -  Or will he, like Yeltsin, fall by the wayside, paving the way for a coldly methodical Japanese Putin? Fromi Anthony Rowley The writer is BT's Tokyo correspondent in Tokyo THERE are parallels between what happened in Russia a decade or so ago and
      AFP  -  1,365 words
    • 729 10  -  COMMENTARY A separate body dealing with environment issues could help trade By I Reginald Dale The writer is a columnist with the International Herald Tribune, where this commentary first appeared [WASHINGTON] One of the most sterile political arguments of recent years has
      729 words

  • REGIONAL news
    • 644 11  -  It's prepared to fly solo; projections not dependent on foreign strategic partner From Eddie Toh, Diana Oon Abdullah in Kuala Lumpur MALAYSIAN Airline System. which declared its biggest loss of RMI.3 billion (Ss6l9 million) yesterday, is banking on a solo flight
      REUTERS  -  644 words
    • NOTE Book
      • 126 11 [SHANGHAI] The European Union said yesterday it has partially lifted a five-year ban on chicken imports from China in a move welcomed by Beijing as a boost for Sino-EU trade relations. An EU spokeswoman said the relaxation covered frozen chickens, but a ban
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      • 93 11 [NEW DELHI] An Indian economic thinktank forecast yesterday economic growth of 6.3 to 6.8 per cent for the year ending March 2002, based on hormal monsoon rains and higher agricultural output. The Delhi-based National Council for Applied Economic Research (NCAER) said in its quarterly review
        93 words
      • 95 11 [TAIPEI] The growth in trade between Taiwan and China slowed to only 2 per cent year-on-year in the three months to March after reaching 23 per cent in the same period last year, the Board of Foreign Trade said yesterday. First-quarter trade this year
        95 words
      • 119 11 [HONG KONG] Merrill Lynch said yesterday it has cut its rating on Hong Kong property, ports and communications group Wharf (Holdings) Ltd to "neutral" from "accumulate" and advised clients to switch into rival conglomerate Swire Pacific Ltd. In a research report, Merrill Lynch said
        119 words
      • 93 11 [MANILA] Manila Electric Co, the Philippines' largest power distributor, said it could suffer up to a 30 per cent drop in profit this year if the government does not grant a rate increase. "Even that may be an optimistic expectation," Rafael Andrada, the company's
        93 words
    • 260 11 JAKARTA AFP INDONESIA'S foreign minister has assured leaders of Gl5 countries that no state of emergency will be declared while they attend a summit here this week, his Malaysian counterpart said yesterday. "That's the undertaking and assurance given by Indonesia," Malaysian Foreign
      AFP  -  260 words
    • 563 11 KUALA LUMPUR Perception gap with community disturbing, he says Bernama, AP THE controversial proposed takeover of two major Chinese newspapers by the investment arm of Malaysian Chinese Association (MCA) took another twist yesterday with party vice-president Chua Jui Meng
      Bernama,; AP  -  563 words
    • 264 11 KUALA LUMPUR Money would have been used to rescue light rail operators AFP MALAYSIA'S government has suspended plans to issue bonds worth RM6 billion (552.9 billion) to rescue two debt-ridden light railway operators, Finance Minister Daim Zainuddin confirmed yesterday. Mr Daim told reporters the
      AFP  -  264 words
    • 254 11 KUALA LUMPUR AFXAsia, Reuters FINANCE Minister Daim Zainuddin said the government will "definitely" not revise or remove the ringgit peg, which is currently fixed at RM3.80 to the US dollar. "I have said several times 'No'. The peg remains," Mr Daim said when asked
      AFX- Asia,; Reuters  -  254 words
    • 145 11 KUALA LUMPUR AP MALAYSIA'S state-con-trolled telecommunications firm yesterday reported higher net profit for the first three months of this year. Telekom Malaysia Bhd said that its net profit for the first quarter of 2001 was RM278.1 million (*****.4 million), up from RM201.1 million in
      AP  -  145 words
    • 543 12 Arroyo also imposes news blackout on the military's operations against the rebels Bloomberg, Reuters [MANILA] Philippine President Gloria Macapagal Arroyo has offered 100 million pesos <553.6 million) in reward money for information leading to the capture of a rebel group
      Bloomberg,; Reuters; REUTERS  -  543 words
    • Article, Illustration
      24 12 TWO of the three American hostages: a photo of Martin and Gracia Burnham; from Wichita, Kansas, released by the New Tribes Mission yesterday AP
      AP  -  24 words
    • 377 12  -  They accuse ruling coalition of massive vote buying, other fraud From Al Labita in Manila PHILIPPINE opposition stalwarts yesterday said they will shortly petition the official election body, asking it to declare the May 14 elections for 13 senators void. Led by senator
      REUTERS  -  377 words
    • 448 12 TAIPEI Hard to survive with no plants in China: Wang Yung-ching Reuters TAIWAN'S top business tycoon yesterday voiced frustration at the government's curbs on investments in China, heaping pressure on the island to embrace full-blown commercial links with its arch-rival. "It's hard
      Reuters  -  448 words
    • 544 12 NEWDELHI It's in talks with Indian Railways and a third partner on venture Reuters INDIAN state-run fixed-line phone company MTNL is sewing up plans to enter the national long distance telephone business along with a subsidiary of the Indian Railways and a
      Reuters  -  544 words
    • 445 12 BEIJING Bloomberg, AFP THE US and China agreed in principle that a US spy plane held on Hainan island in southern China will be taken apart and airlifted out of the country, the Chinese Foreign Ministry said. "China agreed
      Bloomberg,; AFP  -  445 words
    • 214 12 HONGKONG Reuters CHINA has refused permission for a US warship to visit Hong Kong, the first denial since a mid-air collision between an American spy plane and a Chinese fighter jet off the South China coast on April 1. "China informed the
      Reuters  -  214 words
    • 287 12 UHONGKONG AFP SHARES in Hong Kong conglomerate Hutchison Whampoa were unchanged as investors assessed the company's plans to acquire port operator ICTSI International Holdings Corp, dealers said. Analysts said although the move to acquire the overseas unit of International Container Terminal Service
      AFP  -  287 words
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  • e-NEWS
    • 702 13 It blames costs related to acquisition of Mannesman!! and other companies Bloomberg [LONDON] Vodafone Group pic has posted its first-ever full-year loss in fiscal 2001 and the world's biggest mobile phone company has attributed the loss to costs related to acquisition of Mannesmann
      Bloomberg  -  702 words
    • 439 13 HONGKONG Reuters DIGITAL China Holdings Ltd yesterday priced its 88.26 million initial public offering shares at HK$3.6B each, at the top of an indicative range of HK$3.OO-HK$3.6B. Digital China is the for-eign-brand distributor spun off from top Chinese computer maker Legend Holdings
      Reuters  -  439 words
    • 271 13 HONGKONG SCMP says they are going for 3G licence there Bloomberg PACIFIC Century CyberWorks Ltd and Telstra Corp's cellular venture declined to comment on a report that it was interested in a licence to offer high speed mobile telecommunications services in Taiwan. The
      Bloomberg  -  271 words
    • 221 13 MANILA Bloomberg MUSIC Corp, a Philippinebased memory chip designer, has fired some of its staff and closed two offices at Music.com, bringing the Internet unit closer to shutting completely after failing to find an outside investor. Music fired 70 per cent of
      Bloomberg  -  221 words
    • 176 13 AP HIS speeches in Parliament have become a daytime TV favourite. Posters of his face are selling like mad. Newspaper polls say he's the most popular leader in decades. But for those who still can't get enough of Japanese Prime Minister Junichiro Koizumi,.don't despair
      AP; AFP  -  176 words
    • 463 13 OTTAWA Men outpace women who download tunes 44% to 31%: study Reuters YOUNG people in Canada and Taiwan have the world's most voracious appetites for getting their music from the Internet, according to a research report to be released this week. In Canada
      Reuters  -  463 words
    • 558 13 TOKYO Companies drawn by strong demand for basic Internet technology Reuters AS struggling US dotcoms look overseas for fresh sources of revenue, Japan has emerged as a favourite destination thanks to its relatively early stage of growth for Web-based enterprises and Internet
      Reuters  -  558 words
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  • WORLD news
    • 489 14 NEW YORK Conference Board index shows optimism abont future economic conditions AFP, Bloomberg AMERICAN consumers are feeling better about the state of the US economy and show no signs of curbing spending, according to a closely watched index released here yesterday. The Conference Board,
      AFP,; Bloomberg  -  489 words
    • WORLD Watch
      • 86 14 Bloomberg [LONDON] Members of the Organisation of the Oil Exporting Countries (Opec) have reduced oil production by almost one per cent this month to support prices, though they are still pumping 300,000 barrels a day more than they agreed in March, an industry
        Bloomberg  -  86 words
      • 73 14 Reuters [SEOUL] South Korea's industrial output shrank in April for the first time in four months, triggering worries about the slumping economy and putting renewed pressure on the central bank to cut rates as inflationary pressures wane. April's month-on-month production declined 1.3 per cent,
        Reuters  -  73 words
      • 86 14 Reuters [SYDNEY] The Sydney Futures Exchange rebranded itself as SFE Corporation Ltd yesterday, and said it was still on track to list on the Australian Stock Exchange in the second quarter 0f2002. The rebranding was part of SFE's strategy to expand from its base in Australasia
        Reuters  -  86 words
      • 80 14 AFP [TOKYO] Japan's Mitsubishi Motors Corp yesterday announced an early retirement programme designed to phase out up to I,2oojobs as part of its drastic restructuring. "The company expects 800 personnel to apply, but is ready to extend the programme to cover up to 1,200 personnel should
        AFP  -  80 words
      • 114 14 Reuters [SYDNEY] The Australian state of New South Wales government said yesterday it is setting aside As6oo million (Sss6l million) to implement payment schemes in the wake of the collapse in HLH Insurance Ltd. This reduced the cash Budget surplus in 2000/01 to As22l
        Reuters  -  114 words
    • 395 14 SEOUL Announcement comes after 6 months of evaluation and planning by GM Reuters GENERAL Motors Corp (GM) reached an agreement yesterday with the main creditor of South Korea's Daewoo Motor to make an offer for assets and related businesses of the bankrupt
      Reuters; AFP  -  395 words
    • 406 14  -  From', Neil Behrman in London THE International Petroleum Exchange (IPE) which trades Brent Crude oil fiitures and other energy products and has a link with the Singapore Exchange (SGX), denies that members are manipulating prices. The denial is in response to
      406 words
    • 399 14 PARIS Report says Alcatel is dose to sealing deal to buy Lucent for USs23.4b Reuters, FT SHARES in telecoms equipment maker Alcatel bounced more than 4 per cent yesterday on hopes it may pay less than was first expected if it bids
      Reuters,; FT  -  399 words
    • 291 14 NEW YORK Reuters OIL company Conoco Inc has agreed to buy exploration and production company Gulf Canada Resources Ltd for about US$4.3 billion in cash. The move significantly boosts Conoco's presence in North America and Southeast Asia. Gulf Canada is an independent exploration
      Reuters  -  291 words
    • 691 15 EURO VISIOH But Jospin's Socialist blueprint leaves European moderates, centrists and rightists in the cold, offers no room for US collaboration IHT [PARIS] Prime Minister Lionel Jospin of France proposed a wide arc of left-wing social ambitions for Europe's future on Monday, with
      IHT  -  691 words
    • 384 15 FRANKFURT IHT THE introduction of euro notes and coins, considered the biggest-ever logistical peace-time effort in Europe, could cost about half of the annual economic output of Ireland, based on figures released by the European Central Bank. Testifying before the European Parliament's economic and
      IHT  -  384 words
    • 364 15 BRUSSELS AFP, Reuters BRITISH authorities will guide the pound to their desired level before any decision to join the euro zone, European Central Bank president Wim Duisenberg said here on Monday. Mr Duisenberg, speaking just days before British elections on June 7
      AFP,; Reuters  -  364 words
    • 130 15 Reuters [LONDON] Investment bank Credit Suisse First Boston (CSFB) has hired former British Prime Minister John Major as a senior adviser, FT.com reported on Monday. Mr Major, who is stepping down from politics after next month's general election, would take the
      Reuters; FILE PHOTO  -  130 words
    • 357 15 TOKYO Reuters TWO of Japan's big trading houses, which have traditionally handled everything from noodles to missiles, said yesterday they were in talks to tie up in three sectors in a bid to slash costs. A tie-up between Mitsui Co Ltd
      Reuters  -  357 words
    • 448 15 SYDNEY Rising raw materials costs, slower sales to blame Bloomberg AUSTRALIAN company profits declined in the first quarter as firms faced rising raw material costs and slower sales because of the weakening economy. Profits before tax, interest and depreciation fell 3.3
      Bloomberg  -  448 words
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    • 115 14 AdJvfsiJiiteM© '0,. *****1111nhi11.11 i <K.II i >;iil\ «»!si| >liillt. nt:>l Vuvpipei H I R s S-J i III; I(it KI iI I IllK'llH'f \C V i s s \N:lIf.l i >! V ..]m m w,n 1101 .^W„ \d\AM \<.i: s$ Residential Seminar Package hut lin I mU's Iw o col
      115 words
    • 140 14 The Bearer of the Future of Mobile Communications I CONDUCTED BY: MACK PALOMAKI OLAF LOHMAWW 21st June 2001 Holiday Inn Park View' Singapore* 9.00 am 5.00pm COURSE CONTENTS Overview and Introduction Terminals (Handsets and Other Y/hat j(j Wireless Terminal) for 3G The Need for 3G Applications and Use The 3G
      140 words
    • 4 14 2, convenient cost-effective." 4
      4 words


  • FINANCE & commodities
    • 268 16  -  SOX Derivatives Trading .Report ST tato/USO. S"pore Index Daniel Wong Refco Singapore Pte Ltd SINGAPORE stocks rose yesterday. The benchmark Straits Times Index rose 5.70 points, or 0.3 per cent, to settle at 1,682.25 points as 19 counters rose, 21 fell and 12 were unchanged.
      268 words
    • 254 16  -  MS& Taiwan Index Daniel Wong Refco Singapore Pte Ltd THE Taiwan stock market rose yesterday as, investors said, government funds bought into shares after the country's currency fell to its lowest in over two years. The government manages a NT$5OO billion stock market stabilisation
      254 words
    • 238 16 Reuters London THE euro shed one per cent against the yen yesterday and fell half a per cent against the US dollar to eye this year's lows as euro-zone growth concerns were renewed by remarks from the head of Germany's Ifo institute. Ifo president Hans-Werner Sinn said the
      Reuters  -  238 words
    • Article, Illustration
      1279 16 nrrBRBAMK CROSS RATES May29 A$ C$ tub Euro Fir Dw li$ Hiih to+tah Yen Wow KM NZ$ Pak t» Ptso S$ »and Sfr MT$ Baht Pound US$ Australia 0.800 4.291 0.605 3.971 1.184 4.033 24.283 58.530 0.622 6.667 1.965 1227 32.590 26.121 0.936 4.099 0.924 17.624 23.495 0.365 0.517 Canada
      1,279 words
    • 1978 16 SICOM FUTURES May 29 RUBBER (futures closing as at 5.30pm) RSS1 CONTRACTS cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Jun 01 114.25 Jul 01 114.25 250 Aug 01 114.50 250 Sep 01 116.00 250 RSS 3 CONTRACT (US cents/kg) Volume Open Month High Low Sett (tonnes) Interest
      1,978 words
  • Page 16 Advertisements

  • STOCKS east asia
    • 2879 17 BONG KONG AFP Hang Seng -109.46 HONG Kong share prices fell 0.8 per cent yesterday on prof-it-taking across the board, with sentiment cautious, ahead of the expiry of the May futures contracts. The key Hang Seng Index lost 109.46 points to close
      AFP  -  2,879 words
    • 2083 17 TOKYO AFP QMktaiZS +38J2 SHARE prices in Tokyo closed 0.3 per cent higher yesterday in a technical rebound after a five-day losing streak. The Nikkei Average of 225 select issues on the Tokyo Stock Exchange gained 36.12 points to 13,773.89. The Topix Index of
      AFP  -  2,083 words
    • 1261 17 Reuters Shenzhenßlndex -26.05 CHINA'S hard currency B shares closed sharply lower yesterday as profit-takers dumped large-caps and loss-makers, including Jinan Qinqi Motorcycle Co, on concerns over high prices, brokers said. B share valuations have soared since the foreigners-only shares were opened to domestic investors in late February and the
      Reuters  -  1,261 words
    • 384 17 AFP WP Index +1&54 TAIWAN share prices closed 0.3 per cent higher yesterday in strong buying of exportoriented stocks, following the fall of the local currency to a 32-month low the previous day, dealers said. The Weighted Price Index rose 15.54 points to 5,095.26, on a turnover of NT555.14
      AFP  -  384 words
  • Page 17 Advertisements

  • STOCKS klse
    • 9141 18 INDUSTRIALS Cmsmmt products 2001 Last Vol Day Net Cap High Low Company Sato 'OOP High Loir P/C $mll 340 290 Ajinomoto 304 9.1 123.2 45 24.5 Angkasa 29 unch 17 29 29 42.8 342 282 Apollo Food MHj 310 6.7 124.0 356 266 Asm Ftlo 278 11.1 185.1 3875 3225
      9,141 words
    • 453 18 AFP, AFX-Asia Composite Indei +L 53 MALAYSIAN shares closed 0.3 per cent higher yesterday with small speculative stocks still attracting interest, dealers said. The Kuala Lumpur Stock Exchange Composite Index ended up 1.53 points at 567.62. The Second Board Index slipped 0.01 point to
      AFP,; AFX-Asia  -  453 words
  • Page 18 Advertisements

  • SGX clob & regional stocks
    • 2713 19 BONDS WARRANTS May 29 *t Mi rtml bdi U-OMft Lart M Day UiHnli kn M Can Car Mk Mb M» LM f«>m MI r«—> u» M» w <—aaaie M» <%> UR 37 0.5 s Acma W*****4 0.5 0.5 1 41.0 1 300 633 82.00 2 15 2.5 s AIITech W*****7
      2,713 words
    • 306 19 AFP Composite Index +13J8 SEOUL'S Composite Index ended up 13.58 points at 632.05. Volume rose to 526 million shares worth 2.4 trillion won.—AFP *a»2» Won Anam Semi 5000 260 Brain Tech 690 -20 Central Bank 170 unch Cheil Comm.... *****0 4000 Dae Gu Bank 1780 unch Daesang Corp 2710
      AFP  -  306 words
    • 285 19 AFP Composite Index -9.69 PHILIPPINE shares closed 0.7 per cent lower yesterday. The Composite Index fell 9.69 points to 1.385.43. Traded volume yesterday rose to 369 million shares worth 508 million pesos from 286.25 million shares worth 411.92 million pesos on Monday. AFP May 29 Peso COOP) Abacus Construction
      AFP  -  285 words
    • 268 19 AFP Hmsse-40 -kuso NEW Zealand shares closed marginally higher yesterday in dull trade with focus on news that Qantas Airways was looking at buying a major stake in Air New Zealand. The NZSE-40 Capital Index ended up 0.60-point at 2,052.15 on a turnover of NZ5475.35 million. AFP May 29
      AFP  -  268 words
    • 558 19 AFP aT3 AH Ordinaries -8.40 AUSTRALIAN shares fell 0.3 per cent yesterday on moderate trade. The benchmark All Ordinaries Index shed 8.40 points to 3,348.40. The SP/ASX 200 eased nine points to 3,411.10. The All Industrials was 11.30 points lower at 5,700. The All Resources dropped 8.80 points to
      AFP  -  558 words
    • Article, Illustration
      738 19 Reuters I Index -7.41 msm THAI stocks fell yesterday as investors sold bank shares on news that the government had sacked central bank governor Chatu Mongol Sonakul. The benchmark Stock Exchange of Thailand (SET) Composite Index fell 7.41 points, or 2.34 per cent, to 309.47 points. The blue-chip SET
      Reuters  -  738 words
    • Article, Illustration
      733 19 AFP Composite Index *gfi> INDONESIAN share prices jumped 3.5 per cent yesterday to their highest level since March on hopes that Indonesia's leadership crisis would be resolved, brokers said. The Jakarta Stock Exchange Composite Index closed up 13.59 points at 406.38, the first time it had crossed the 400
      AFP  -  733 words
  • Page 19 Advertisements

  • 8738 20 SGXMAMBOARD Or Gr M Wt List Vol Day Lst Quote Mv Mr YM MM Cas Avg Wjjfc low Cow-D sau QUO) Hgi Um turn i*w Cw nt u£ Prfc» MULTI-INDUSTRY 143 35 c AcmaSOc 41 cd 2.5 1103 43 5 40 40 5 41 0.5 19 9 0.6
    8,738 words
  • Page 20 Advertisements
    • 51 20 ygQ, Le maitre de I'horlogerie depuis 1875 WATCHES Regional Agent, Showroom ft Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED 1,01 Orchard Road #03-10/11 Wheelock Place Singapore Tel: 2JB 6678 Fax 2)8 66 /6. .Ng«e Ann C*y iTm .'iTky'piaz, TH: 717 4593 internet: htlp://www. audemarspiguet.com Sunlec c v Ma M 7
      51 words

  • Page 21 Advertisements
    • 649 21 Where to wine, dine and entertains ■SBSSBOBiaMSBBMIBBaiBBSW Aptly described as a tropical paradise, the Lounge Bar the mood for you to unwind with Rubatos the Resident Band's popular sentimental hits. Happy Hour from KaHii* InA Night on Thursday For enquiries and reservations, please call 330 3593, fax 330 3548 or
      649 words
    • 65 21 HIGH T£A FAVOURITES Enjoy local and Western favourites in a daily high-tea buffet at The Mezzanine Cafe Bar. 12:00 noon to 5:00 pm daily weekdays: $22.50-h+ Mezzanine I Weekends: $23.80+++ If?. j I Reservations: 831-6286 ifh Mandarin jy Singapore I -■Jfl mm m Orchard Road, Singapore *****7. Tel: 737 4411
      65 words
  • Page 21 Miscellaneous
    • 714 21 muttwimfffa—^^TVWorka 10 10 00 News. &M School Days 2. 1130 Headlines/S'pore Up10J0 Once Upon A Time In 830 Frontline. date. E7~|amil 'ftj Slot $N CNA Today. NMU]L S3S SSI SS iTttdav Mid- tS S"dtaes eSSLUnCh 7.00 Here's a MUlton" B^lS e M?™!I!r ey C?mraS !"S s?°J ea sW 22 ThemanSl«
      714 words
    • 332 21 CRYPTIC CROSSWORD ACROSS Bess, maybe (9) 1 See Carol struggle clearly to 4 Fab fish! (5) no avail (6, 6) 5 Being spare-framed, I'm in need 8 Complaining bitterly about the vitamin (7) balustrade (7) 6 Large garret, note, contains a 9 Silly, but I had to confront one of
      332 words

  • MOTORING
    • 670 22  - Good drives in more ways than one A BMW isn't about transportation; it's a lifestyle, avers the MD of BMW's agent here. So he's throwing in a free Phuket golf club membership and access to a 48-foot yacht for buyers of the new 7-series being launched next January. CHRISTOPHER TAH
      670 words
    • 205 22 THE new BMW 7-series is said to be the most modern car BMW has ever made. It boasts the latest drive-by-wire technology and has a control panel that feels more like a personal computer than a car's centre console. But if owners are not IT-sawy and do
      205 words
    • Article, Illustration
      1256 22 Source: LTA Average open market value (OMV) of cars registered in April. MOO&AMKE CC AVE OMV($) ALFA ROMEO A146 1 6TS 1.596 17,416 ALFA ROMEO A156 2D 1370 ***** ALFA ROMEO A156 2.5 24g ***** AUOA316A50R 1396 21X03 Aid A416A40R 1.595 ***** AUDI A41 8A40R 1,781 30,196
      Source: LTA  -  1,256 words
  • Page 22 Advertisements
    • 892 22 NOTICES To advertise call toll-tree 1800-741 1883 Fax No: 741 1298 AMARA HOLDINGS LIMITED < Incorporated in (he Republic of Singapore) NOTICE IS HEREBY GIVEN that at the conclusion of the Annual General Meeting held on 29 May 2001 shareholders have approved the first and final dividend of 2% per
      892 words
    • 14 22 To advertise your NOTICES simply fax: 741 1298 or Call toll-free: 1800 741 1883
      14 words

  • BT motoring
    • 530 23  -  The slowing economy and falling new car prices have led to cheaper used cars coming on the market with attractive terms, reports Christopher tan CHRISTOPHER TAN FOR under $60,000, would you buy a two-litre MercedesBenz 190E with revalidated 10-year COE or a brand new one-litre
      530 words
    • 411 23  -  The first listed firm to do so, it offers mainly Japan MPVs By Christopher Tan TRANSPORT operator Tibs Holdings ha 9 become the flr9t listed company to go Into the vehicle parallel import business. Its car rental unit, Tibs Leasing, has started to sell
      411 words
    • BUMPER to BUMPER
      • 71 23 PETER CHUAH, the veteran car trader who left Volvo dealer S M Motors last month after a corporate shake-up, has joined Trans Eurokars as chief operating officer In charge of Rover. Mr Chuah was COO at S M Motors when he was given "a golden
        71 words
      • 98 23 SUZUKI distributor Champion Motors opens a showroom at the Automobile Megamart in Übi tomorrow. Situated next to Audi's Premium Automobile unit, it will be Champion's first outlet in the east in a long while. It has been operating out of Pandan Crescent in
        98 words
      • 69 23 VOLKSWAGEN dealer Alpine Automobiles has doubled the size of its Novena showroom by moving its administrative office out of the premises, thus dedicating 3,400 sq ft to VW vehicles. The showroom has been designed to new Volkswagen corporate identity guidelines and to take advantage of
        69 words
      • 110 23 KRISTINA Wiklund (above), safety engineer at Saab Automobile, has been awarded this year's scholarship by the Prince Bertil KAK (Royal Automobile Club) f\ind. She received the award for her work on the development of the Saab active head restraint. Ms Wiklund has worked on accident
        110 words
      • 96 23 DELPHI Automotive Systems Intends to buy Specialty Electronics Inc (SEI) for US$2l.B million. SEI provides electronic connector products and customised interconnect solutions to the telecommunications, computer, industrial electronics, medical and automotive markets. The acquisition will expand Delphi's reach into new markets for connectors and connection systems
        96 words
      • 88 23  -  Compiled by Christopher Tan SMRT will launch Pearl Harbor special edition farecards on June 4. The cards feature actors Ben Affleck and Kate Beckinsale as they appear on a poster for the latest Hollywood hit. Each ticket will be sold at $7 and
        88 words
    • 403 23  -  Advanced talks on to distribute MO and Rover cars in M'sia; firm also eyes Jakarta Saab deal By Christopher Tan HOME-GROWN Trans Eurokars has secured the Porsche distribution rights in Malaysia. and will start from next month. It will take over from Auto Concessionaires,
      403 words
  • Page 23 Advertisements
    • 146 23 Feel the power Daewoo Leganza 2.2 Automatic > < j So much more car for so much less money than most 2.0 Automatics. $89,999 with immediate COE. Very limited stocks onlv! German engineering Four-wheel-disc brakes and Powerful 2.2 litre engine 4-channel ABS Dual-range electronic ally c ontrolled Luxurious leather interior
      146 words

  • New Asia Biz Woman
    • 961 24  -  The top model takes on her first leading role playing an ambitious peasant girl, joam dupomt reports JOAN DUPONT IHT [CANNES] SHE is naturally pretty without makeup, a blithe spirit, running around the roof of the Hotel Martinez in a kimono, unafraid of
      IHT; Photos: REUTERS  -  961 words
  • Page 24 Advertisements
    • 261 24 SINGAPORE PRESS HOLDINGS NEWSPAPERS PRESENT Win up to $10,000 weekly in our Daily Draws! Up to $60,000 to be won! VISA |B Spend $30 minimum in a single receipt at any participating outlet and call the hotline on the same day to submit your entry for our Daily and Draws!
      261 words

  • MONEY matters
    • 1105 25  -  CURRENCIES Unwinding by Japanese investors drives the currency to new 2001 lows larry wee JAPAN may be in really poor shape but the eurozone economies are perceived to be facing a possible double whammy of a slowdown and rising inflation. That was the verdict
      Source: Reuters; Source: Hypower  -  1,105 words
    • 982 25  -  But Thailand's latest offering shows potential By Brian Verlaan The author is head of fixed income research at Standard Chartered Bank. This article is not an invitation to invest. BT and its contributors will not be held liable in any way.
      982 words
  • Page 25 Advertisements
    • 367 25 Eu Yan Sang Crackad 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. Fes Modern Marvel |HZv Today, Lingzhi is used as an aid to increase metabolism promote
      367 words

  • asiaone markets
    • 519 26  -  More is more when it comes to research, as lack of coverage usually means a less accurate consensus and poor liquidity By George Lam The author is a senior consultant with JCF Group (www.jcfgroup.com) WHEN making a decision to invest in a stock, it may be
      519 words
    • 658 26 Wall Straits.com hunted down bargains for a Contrarian portfolio and in five weeks, it's now up 24% THE 20 contrarian-style holdings were chosen because they are profitable and have reasonable probabilities of maintaining or improving their profits in the coming years, but were out-of-favour with investors as
      658 words
    • 631 26 SPOTLIGHTKeppeI Group THE Keppel group of companies has been in play for the past month or so on expectations that some corporate action is imminent. Recent rise in share prices of the Keppel group companies has raised Keppel Corporation's revalued net asset
      631 words
  • Page 26 Advertisements

  • PERSONAL INVESTMENT
    • 879 27  -  Two guaranteed funds, SG's Tri-Sector and Schroders' new offering, are doing brisk business with investors looking for security, gemevieve cua talks to the fund managers GENEVIEVE CUA IS a dry season for many H unit managers, for those capital guaranteed or protected funds in their stable.
      879 words
    • 672 27  -  But US economy still healthy, not in recession, say Templeton managers By i Genevieve Cua BEWARE the false dawn. The buying rally in the Nasdaq is largely fueled by fund managers afraid of missing out on a broad-based rally, says Franklin Advisers
      RICHARD CHNG  -  672 words
    • 1229 27  -  INSIDEI..mJ!^H Bay and sell factors down 30%, while Noble's aggressive bnyback warrants close watch By: Robert Halili The writer is managing director of Score Lab Asia Ltd. He is assisted by Ngia Soon Chai. Singapore News Desk THE Singapore sentiment index ended flat at
      Source: Primark ITA  -  1,229 words
    • 485 27 UNIT TRUST/SECTOR (6 MONTHS: NOV 24 'OO-MAY 25 '01) TOP 10 FUNDS CPF-APPROVED BENCHMARK (SG) CHNG CHNG 1 HS8C Chinese Growth N 50.41 CLSA China World 22.59 Equity China 2 UOB United Gold General N 36.62 Goldman Sachs -702 Sector Commodity Nat Res Commodity! 3 Optimix Gold
      485 words
  • Page 27 Advertisements

  • EXECUTIVE money
    • 1675 28  -  Arthur Andersen shows how investing in the Supplement Retirement Scheme will yield tax savings even for lower wage earners. And what's more, re-investing that saving could give capital gains that can offset tax payable in future. GENEVIEVE CUA reports GENEVIEVE CUA HAVEN'T opened a Supplementary Retirement
      1,675 words
  • Page 28 Advertisements

  • SHIPPING TIMES
    • 254 29  -  By] Beth Jinks [SINGAPORE] The man regarded as the father of containerisation, Malcom Purcell McLean, died of heart failure at his New York home on Friday, aged 87. Originally a truck driver who revolutionised the shipping industry, Mr McLean realised packaging and
      254 words
    • 313 29 sex 'ooo May 29 Vol CWT Distribution 0.61 0.01 74 ChuanHup 0.31 unch 168 Cosco Investment 0.22 0.01 1925 Freight Links 0.08 -0.01 370 GB Moldings 0.45 0.04 20 IMC Holdings-HK 5.60 unch 0 Jay a Holdings.— 0.16 unch 148 Keppel Corp 3.50 -0.04 1048 Keppel FELS 1.03
      313 words
    • 574 29  -  LN6 remains core business as group posts 21.4% jump in profits By, Donald Urquhart [SINGAPORE] Posting a 21.4 per cent jump in pre-tax profits, the Malaysia International Shipping Corporation (Misc) says it is expanding its liner trade while the transportation of
      574 words
    • 394 29  -  Negotiations in early stages, says spokesman By Beth Jinks [SINGAPORE] Neptune Orient Lines' (NOL) container and logistics arm, APL, is engaged in early joint venture negotiations with logistics companies in both Europe and China, a Singapore-based spokesman confirmed yesterday. The spokesman
      FILE PHOTO  -  394 words
    • 414 29  -  APL, Maersk, CSX and PtO Ports among firms seen interested From] P T Bangsberg in Manila IN the latest change of policy involving ports in Taiwan, the harbour agency responsible for the new Taipei port's development of seven container terminals will qualify for
      414 words
    • SHIPPING news
      • 782 30  -  STRAIT TALK By I Seafarer THE two main international shipowners' representative organisations, the International Chamber of Shipping (ICS) and the International Shipping Federation (ISF) both held their annual meetings a couple of weeks ago. The two bodies are closely linked, with the same
        FILE PHOTO  -  782 words
      • 221 30 Reuters [LAGOS] European shipowners have said they will impose additional charges on all Nigeria-bound ships as the congestion at the country's mqjor ports worsens, local newspapers reported. The independent Guardian said shipowners under the auspices of the European Community Shipowners Association (ECSA)
        Reuters  -  221 words
    • 279 30 PACE Ahrenkiel 12 Appenship 5 Asia OCL 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 ChoYanq 5 China Shpg 5 Confer 12
      279 words
    • 17545 36 THEBU SINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number >* v To ABIDJAN (ABJ) 2003 Cot* D'I voire 06/06 17/07 ZIM/Seth NORDSTRAND 1W 65-*****12 06/06 16/07 COSCO HUMEN BRIDGE 0017W 65-*****00 07/06 15/07 Delmas DELMAS FORBIN 122W 65-*****44 10/06 12/07 MOL
      17,545 words
    • SHIPS IN PORT
      • 766 41 Vessel Voy No Berth Arrival Departure •Wy»n tip 01-May *3? 29/06/4:10 30/05/600 John G lemos V003 J08 29/05/6.00 31/05/700 BtlntanSar ***** J01 29/05/800 29/05/15.00 Sandidewa M 70 J05 29/05/7:45 30/05/800 Atlantis 7 A7T7 J15 29/05/900 29/05/13:00 "are 2106 J04 29/05/8:30 29/05/13:30 ""star 8 025S01 J03 29/05/8:15 29/05/1500 81
        766 words
      • 1991 41 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booklng/Mjnce Rstls Ship Voy No Etb/Btr Ptrtod From To From ACI FAICON 0158 3V23:59 28/1500 20/1659 2«/TW0 2* 28/1700 29/0659 29/0*00 2* 21/1700 29/0659 29/0900 29/0700 29/189 29/MOO 4 29/1200 29/M99 29/1700 AC1M01SCU5 OUI 29/2339 i 2*7500 a/099 MN 2A
        1,991 words
      • 508 41 Cirbon May 24 Density Water Residue Ash UmUkm Sediment M/M [mi Mjn v/» m/m m/m rru —tnoa iSO/Cimac Limits Spec L25 991 1.0 15.0 0.10 80 0.10 Spec C35 991 10 18.0 0.15 80 0.10 Northern Europe 180 Ave 978.3 0.1 11.8 0.04 16 0.01 990.9
        508 words
      • 168 41 June 4 Malaysia: Birthday's of Prophet Mohammed SAW Indonesia: Birthday's of Prophet Mohammed SAW New Zealand: Queen's Birthday Ireland: June Holiday Germany: Whit Monday Janet South Korea: Memorial Day Jane 11 Australia: Queen's Birthday Jane 12 Philippines: Independence Day Jane 25 Hong Kong: Tuen Ng Festival Taiwan: Dragon
        168 words
      • 794 41 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
        794 words
    • AIR & LAND transport
      • 317 42 Board gives nod for investment in Xiamen airport terminal AFP [TAlPEl] Taiwan's largest carrier, China Airlines (CAL), said yesterday it will invest US$3.5 million in an airport terminal on the mainland amid increasing air cargo business there. The company's board of directors approved
        AFP; FILE PHOTO  -  317 words
      • 568 42 How fast old planes can be upgraded will hinge on outcome AP [CINCINNATI] A walkout by pilots at a regional carrier based here that is entering its 10th week could end up having a more lasting impact than this year's possible strikes at several
        AP; FILE PHOTO  -  568 words
      • 536 42 Bat Frankfort airport operator not planning buying spree with proceeds Reuters [FRANKFURT] Frankfurt airport operator Fraport said yesterday it expected strong demand from private investors for its initial public offering and did not plan an international spending spree with the proceeds.
        Reuters  -  536 words
      • LOG Book
        • 107 42 Reuters [BANGKOK] Thai Deputy Transport Minister Pracha Maleenont said yesterday a plan to offer the public another 13 per cent of Thai Airways International pic would have to wait until after the airline had been completely restructured. "The share offering is not the most important
          Reuters  -  107 words
        • 176 42 Xinhua [BRASILIA] Eight tyres erf an Airbus A3OO aircraft of the Brazilian Vasp airline burst when it made an emergency landing on Monday in Salvador, capital of the north-eastern state ofßahia, the company said. No passengers or crew were hurt in the accident, said
          Xinhua  -  176 words
      • 236 42 Global market for such consnlting worth about USslsb Bloomberg [MADRID] PricewaterhouseCoopers (PwC), the largest accounting firm, and HewlettPackard Co, the No 2 computer maker, are forming an alliance to advise the airline industry about how to provide services through
        Bloomberg  -  236 words
      • 1816 42 cm mew eta njsm n» MM ANU30 1850 W63W *50 Mao MSO krnitortm $023 0635 KL838 2255 0*979 0955 S032< 2325 tun MB MM—M MB WW MM H242M 206 K«S M vtm ae mm am mm mm ma MM— WBW mo M/CAS47 0755 IMIKMI *107 1100
        1,816 words
  • Page 29 Advertisements
    • 24 29 New maritime regulations could affect Singapore owners Taiwan s CAL to invest US$ 3.5 m in Chins investors for ipo Back page Back page
      24 words
    • 106 29 AIRFREIGHT A SPECIAL FEATURE SHIPPING TIMES SO JUNE 2001 rarsnmran SBk J you are the J logistics and related businesses, BWBWWII^, i j 20 June 2001 could bring t v f unprecedented opportunities. i Wl'i *0i l That's because Shipping Times For enqu.riesor f||| JL 9% will publish a special
      106 words

  • Page 30 Advertisements
    • 1191 30 I NORTH AMERICA I 1 EXPORT 1 I OTHER DESTINATIONS I SSX SUPER SHUTTLE EXPRESS DIRECT TO LONG BEACH WEST COAST OF CENTRAL AMERICA (MARGARITA SERVICE) wssa vor pasTl nom iongkmh onus Houston chcmo mwyok *«oarr vtssn tot fTF! rrjanm acajutu wunorogo tono rruum wmrnu OOaCAUKMNU 54(22 30/05 30/05 15/0*
      1,191 words
    • 594 30 The Specialist To Colony Logistics (S)Pte Ltd Turn to page 5 Fixed-Day schedule to JPN, TWN, HKG, PHI (Accepting FQs to Cambodia/Cebu/Seodai/Moji/Hict/Hiroshima/Seni/Blw) ouwoiinp tvorl JKTlwa jwu| anj wcol wwlmwi. Ihkol ct.|kws|osa| ttoltokl tkk| smzlnoo |uk»" sum oisi OKO4 om ou» iM6_ mt no, tamif ow» 29.0s mt oiot oun dot
      594 words
    • 123 30 Lines services represented by Members of the Registry of Accredited Shipping Agents, \°n» 3s Singapore Shipping Association Members of the Singapore Logistics s »w# Association ||f|j UULY UNE MALE VESSEL VOY Tn* ["15 ETA P. KLANG STORE MALE Empress Uly VO5Ol 08/06 09/06 17/06 Princess Uly VO5Ol 21/06 22/06 30/06
      123 words

  • Page 31 Advertisements
    • 1356 31 TO EUROPE FROM EUROPE Ivtssa VOT I SIN RTM AIM HAW BRV SOU liH [vKSE VOT RTW ANR HAM MV SOU lEH SI I Aft GARNET 103W 31/05 23/06 20/06 21/06 11/06 Aft MS 0231 08/5 10/05 12/05 13/05 30/05 *01 LOIRE 541W 01/06 17/06 19/06 22/06 23/06 HYCOMMOOORE 3321
      1,356 words
    • 1736 31 10 AftfN T/TtIODAYS JKDDAH 1/11 12 MYS W AQABA T/T sl5 MYS GENERAL AGENTS IN SINGAPORE: 80 ROMISONRD #12-00 SALES/MGS TEL *****57/43 FAX: *****21/71 MALAYSIA jgjg: PASIR GUDANG TO: 07-*****66 FAX: 07-*****70 COSTAR SNIPPING PT! LTD *•***>« W*lfl OUTWARD (B/l) *****02 *****25/75 PORT RUNG 03-*****633 03-*****668 *********** TIL 226 1
      1,736 words
    • 487 31 VBSa VOY SIN PKG VOY SIN HKG KEL USW PUS INC *BSft TOY SIN JKT SUB MfKKBLUNG 107S 77/85 79/D5 IO7W 30/QS 03W6 OVO6 01/06 00/06 17/06 IQSS M/ 04 06/06 ""1706 KMTC SINGAPORE IOSS 01/06 01/06 10/06 16/06 12/06 13/06 KMTC JAKARTA IMS MAg 10/0* KMTC PUSAN lOCS il/W
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  • Page 32 Advertisements
    • 1210 32 SENATOR LINES TO EUROPE TO MDDUE EAST/RAN/RED SEA vot m UH ii um han wv I m I Ivtssa I vor 1 a I hi I on 1 1 HAJUMIOM 00 MW 7105 04.04 10 04 11 .M 17.04 1104 14.14 FOWMMT 0014W 74.0$ 07.44 OS 04 0044 10.04 NAMJM
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    • 993 32 WLAM MAC-NELS S PORE M SIA uTJ/yS Carrtar: MN COUTH UNCS, MC p. gudang: (07)*****26 MV/ViJ OWWOitllllTlllMlß SBU: (084) *****9 MAMLA: (832) *****24 POIANG: (04) *****38 BANGKOK: (882)*****87 SURABAYA: (31) *****11 P. KELAHQ; (08) 28M877 JKTi (21)*****48 KUCHW6 (882)*****1^3 LONG BEACH 1 BARCIIONA/GINOA MV "HANJIN LONDON" V.035E MV 2W ETA
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    • 339 32 THE NEW SERVICE TO THE FAR EAST FROM IST JUNE 2001 NHAVA SHEVA NHAVA SHEVA t COLOMBO COLOMBO I t SINGAPORE SINGAPORE t HONG KONG HONG KONG I t BUSAN ►SHANGHAI AGENTS SINGAPORE: FAR EASTERN SERVICES PTE. I7D. TEL *****55 C.R. NO. **********0 M HOT UNE: *****15 FAX: *****44 K.
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  • Page 33 Advertisements
    • 1451 33 I VESSEL VOY KHH HKG SIN I PKI DXB BAB DMM BIK 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 IS/06 20/06 22/06 IRAN HORMOZGAN PCL-211 12/06 13/06 16/06 17/06 24/06 25/06 27/06 29/06 IRAN TEHRAN PCL-212 19/06 20/06
      1,451 words
    • 441 33 wzySfm I Loading (or OCEAN RANGER RDM/ATW/BMN/UK EFESSOS RDM/ATW/BMNAJK Loads Singapore. E7W. Mateysta. Indonawa Loading for SEA RENOWN DBI/ABU/DOH/BRN/DMM/KWT PAN EXPRESS HDCVJDH/AQA LOMfTROVA JOH/AQA PAN QUEEN DBVABU/DOH/BRN/DMM/KWT PEUNOVO DBl/ABU/DOH/BRN/DMM/KWT EVERtSE GLORY JOH/AQA •Loads Singapore, EVW. Malaysia, Indonesia I Loading for I OCEAN EVER MZL/CAM/NFK/SAV/NOL IDEE FIXE CAM/NFK/NOL I EXPLORER II
      441 words
    • 1305 33 EXPORT IMPOST M Ivor Imi |uhl hm am ham ihv hi vbsa Ivot |tm ham fu uh I sir puoo*6sa oiBw 05/06 nm 24/06 25/06 nm u/m a/ot hjlondon 0351 10/05 12/05 14/05 17/05 03/06 PUpmSHSei OliW 12/06 29/06 01/07 02/07 03/07 04/07 05/07 HJWUSSEIS 0061 17/05 19/05 21/05 24/05
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  • Page 34 Advertisements
    • 1211 34 i| ASIA-MBMIKRRANEAN EXPRESS (AME)-WiSIBOUNDSBMCE]i I L VOY SB n« I Sft I l£H I FIT I ANt 1 W—M- lllili —W— W M —H— Mk a—a —a —tn- 1 linn --H— 1 Use orrapftng rtrgc IUUVgU la IrrafoM Mdbmo. fir, Sm Hm Inarm Hojot. Im Fokms Santo Cm Do 1
      1,211 words
    • 684 34 INDONESIA NATIONAL LINE TO AUSTRALIA 1 RJLL COWPMNER BCRVICC wi wrl m m w m sn m m m m tfiiranr p«/ot os/o* n/ot n/at h/06 n/u ronam i« |ii/mii/w n/oi */06»/» tvo* WW HI m fl/Bt lt/Bt JS/06 01/07 03/07 06/07 WOMMB I m pS/0616/061 06/07 01/07 10/07 13/07
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  • Page 35 Advertisements
    • 420 35 BSA n. mm MYANMA wBBk FIVE STAR LINE vT (MyaNnar Natioaal Line) Loadisg (or Ya«go« VESSEL VOY SM PKL PEN PGU OAGO 110W SLD MONG LA 45W SLD MALAYSIA AGENTS: OOUSTEAD SMPPMG AGENCIES KUL TH 03-*****300 PKL TEL 03-*****101 PEN: TIL 04-*****02 PGU: TEL 07-*****21/4 BANK LINE (A service of
      420 words
    • 1243 35 HYUNDAI MERCHANT MARINE CO., LTD. I rasa wt m sou |un itm ant ham |my [visa vor sou ibi rtm ant ham |my jST HYGEMRAL 331W 28/05 19/06 13/06 14/06 16/06 NOIHS 0231 11/95 12/05 06/05 01/05 30/05 APLGARKT 103W 31/05 11/06 23/06 20/06 21/06 HTCOMMODORE 3321 07/05 12/05 09/05
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    • 1000 35 WALLENIUS WILHELMSEN 10 NORTH AND LATIN AMERICA "OUt RORO HEAVYUFT SERVICE* ivissa vor mw hbght si uc mo m say ml o»f wyc hew mob IOBA AMI 12 WUm 6.M 09/06 15/07 11/07 20/07 22/07 23/07 25/07 29/07 31/07 IARONGA AHII3 4001 m 6JM 27/0* 04/01 07/01 09/01 11/08 12/08
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  • Page 38 Advertisements
    • 9 38 Shipping your cargo from Busan? Please refer to Pusan.
      9 words
    • 64 38 Penguin Speed Cargo Pte Ltd SINGAPORE PTE LTD ma* Tel: 214-0010 Fax: 214-0020 15 McCallum Street #03-01/02 Natwest Centre Singapore *****5 Fa*: (65) *****66 Email: generaloecusin.eculiiie.net Website: http://www.eculiiie.Det Batam-Singapore-Batam j 3 Sailings Per Week To J SHANGHAI See page 4 Call: 220 3373 COLONY LOGISTICS (S) PTE LTD BALAJI SHIPPING
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  • Page 39 Advertisements
    • 356 39 F~| sasia express lines II SINGAPORE AGENT: JARDINE LINER SUPPORT SERVICES vtssa yor swsoroti paswcudang rorkhans wmw nanaus nnaMM os/oj 24/05/2001 27/05/2001 2«/os/20ot aUMSBBI 30/04/2001 OUOff 04/01 24/04/2001 27/04/2001 2S/06/2001 Slit —UCBKNT 30/07/2001 qmHT 07/0] 24/07/2001 27/07/2001 20/07/2001 SUP WPUOMKMT 30/00/2001 omwr M/oi 24/00/2001 27/00/2001 20/00/2001 suo wpuownt 30/W/2001 GMOII
      356 words
    • 152 39 FORTNIGHTLY BREAK-BULK SERVICE TO COLOMIO/MUMIAI SPECIAL RATES FOR STEEL, MACHINERY I PROJECT CARGO HV. WINTER ETA SPORE MUMBAI HEAVY UFTUPTO OCEAN 16-Ot-Ol 23-06-01 65.000 KGS CARRIER ETA SPORE ETA COLOMIO CHENNAI MPP 15-06-01 22 06-01 VIZAQ SAN. M. ETA SPORE CHITTAGONG CALCUTTA 15-06-01 20-06-01 23-06-01 AISO ACCEPTING HEAKIUIK TO NHAVASHtVA
      152 words
    • 578 39 MUR SHIPPING INDIAN OCEAN ISLANDS/SOUTH AFRICA VBSa TWU KK HI KM N MIS RBJMON DM K PE CT MR VDTOI2 25/* 21/tt 11/17 04/17 M/ 17 14/17 24/07 27/17 21/17 30/07 SHTHv MBKB rn IMMKroin/M ttWH MkVUM/t lit UN! •NMMMkWIfNS ROMMMNi <7)9351 MJHiWI HUfetUPMig U5 ENS lii SHIPPING CO PTE
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  • Page 40 Advertisements
    • 629 40 II VESSEL VOY SIN MAA SIN I CAPE CANAVERAL 07N/01 04 04/06 07 10/06 I TIGER SPEED 897N 05-06/06 11-14/06 18 19/06 I TIGER METRO 898N 09-09/06 14-17/06 22 23/06 I TIGER RHYTHM 899N 12-12/06 17 20/06 25-26/06 I TIGER BRIDGE 896N 0403-06 09-13/06 18-19/06 I MILDBURG 08N/01 15-1606 2124/06
      629 words
    • 1025 40 FREIGHT LINKS EXPRESS PTE LTD 51 Penjuru Road, 3rd Level, Freight Links Express Logisticentre, Singapore *****3 Tel: *****11 Fax: *****77 E-mail: flesiry@singnet.com.sg PIRECT LCL CONSOL MANZANILLO API TOURMALINE 045E NAGOYA ELBE BRIDGE JII7E ETA SIN: 04/06/01 ETA SIN: 07/06/01 CEBU INTRA BHUMI6I ISTANBUL PACIFK SENATOR 0946W ETA SIN: 06/06/01 ETA
      1,025 words
    • 1129 40 b ■bg a OPERATOR COM: PO n|l7 I IIiICO at NO; *****U0000C Webutc ktW/pjzhws.cMi /MM 3 PM/ MAIN: TO:02-221-1333 FAX: 02-221-5272 MMM CUSIOMB SfITVKI: TIL 02-221-5596 FAX: 02-227-1190 SMGAPORt: TONO JOO SWPPWG PTI lIP tmk bwHyOHi am «g GUOO ***** 29/ OS GISWIi ***** 30/05 GISIANG 2198 30/0S GISIANG 2198
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  • Page 41 Miscellaneous
    • 122 41 Issued by Meteorological Service Singapore K Thunderstorm _s_ Showers q ain Temperature Cp/ Wind direction and speed in knots Weather Cloudy Day Hazy Sea Conditions Wind speed symbols w-"i <-\ r- Slight <1 2m O Full circle w/o line indicates calm or light and variable winds -i—-One half fleche represents
      122 words

  • Page 42 Advertisements
    • 108 42 Bangladesh Shipping Corporation BSC Bhaban, Saltgola Road, Chittagong Tel: 880-31-*****0, *****2 Telex: *****, *****3, *****9 BSC BJ. Fax: 880-31-*****6, *****4 E/Mail: fdr_bsc@abnetbd.com, bsc-ctg@spnetag.com Appointment of Shipping Agent Further to our advertisement which appeared in the Shipping Times of Singapore on 30 April 2001, the last date of submission of Application
      108 words