The Business Times, 20 June 2001

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Total Pages: 40
1 40 The Business Times
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  • Title Section
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    12 1 THE BUSINESS TIMES MfTA(P) 107/03/2001 SINGA PORE WEDNESDAY, JUNE 20, 2001 85c
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  • Article
    Lock icon MARKET SUMMARY
    80 1 □sn l,7QLtt (-12.11) BT-SRI M4L56 (4.90) ST INDEX FUTURES 1,097.00 (+2.00) SIMSCI FUTURES 209.60 (-0.40) STOCK MARKET INDICES Tuesday Change KLSE COMP ***** +§.11 NIKKEI 225 *****JW -***** HANG SENG 13,133.66 +184.88 SET INDEX ***** +1.10 JAKARTA COMP 424.07 +157 MANILA COMP 1,44&73 -2110 TAIPEI WPI 5,039.98 -3054
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  • Article
    Lock icon FINANCE
    86 1 FOBEX RATES us$ ss USS (SS per USS) 1.819 £(l"SS/SS per 1.399 1545 EOO(fSS/SS/E) 0.857 1.559 DM 1282 1.255 YEN 1231 67.80 RM 3.800 1089 HKS 7.800 4189 BAHT 4517 24.89 RUPIAH 11,385 8160 *SS to 100 units *SS to !OQ units PSIKE SATES SIMLA PORK* 5.80 KUALA LUMPUR
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  • Article, Illustration
    Lock icon SIA gets nod from Air NZ board to raise stake
    949 1  -  But major hurdle from government regulators remains Beth Jinks [SINGAPORE] Singapore Airlines has been given the green light to significantly increase its stake in Air New Zealand by the Kiwi carrier's board, but faces a bigger struggle with government regulators.
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  • Article
    Lock icon Japan hopes FTA with S'pore will aid business ties in Asia
    659 1  -  l-iiexclusive Freedom of business and investment will be 'legalised', says envoy From Yang Razali Kassim in Okinawa JAPAN is hoping that its first-ever bilateral free trade agreement (FTA) with Singapore will be a forerunner to unimpeded freedom to pursue
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  • Article, Illustration
    Lock icon Talking shop with Ong Beng Seng -over a mug of beer
    806 1  -  Plans may be afoot for him to tie tip with Capita Land for up-market project By Conrad Raj [SINGAPORE] Ong Beng Seng, one of Singapore's most flamboyant businessmen, was spotted at Mohamad Sultan Road the other night. But beer
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      211 1 Ie s^a^e r f 1 freight *j a 4-page focus in Shipping Times today Executive Money Of death taxes Back Page Motoring DaimlerChrysler's Z-cars to carry Mitsubishi marque Page 23 msPE Top Stories Trade friction between Japan and China escalates. Nmxi Paga Swift recovery for info-comm sector unlikely: BG Lee.
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      11 1 Japan warms up to free trade pact with S'pore, Pg 12
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  • NEXT page
    • Article, Illustration
      Lock icon Trade row heats up as China imposes tariffs on Japanese goods
      738 2  -  Retaliation against Tokyo's 'emergency' curbs on Chinese farm products From. 7UI Anthony Rowley in Tokyo TRADE friction between Japan and China escalated sharply yesterday as officials confirmed that China will impose punitive tariffs on imports of certain Japanese goods
      FILE PHOTO  -  738 words
    • ON THE grapevine
      • Article
        Lock icon Exclusive club for savvy investors
        139 2 THERE are lots of websites devoted to stockmarket gossip and advice some mediocre, some brilliant. But what price a website where the thoughts of such investment luminaries as Warren Buffett or Mario Gabelli appear? Or one where the most extraordinary ideas can be discussed by
        139 words
      • Article
        Lock icon Making it hard to stay
        122 2 WITH the belt-tightening in the financial industry, one story going round Raffles Place is that banks which had offered sign-on bonuses to new hires are now telling applicants to take the bonus but not report for work. "It's still cheaper for the banks to give
        122 words
      • Article
        Lock icon Cross-marketing
        95 2 INVESTMENT banking can sometimes be a dog-eat-dog business. Barron's May 28 issue carries an article about how banks have been using their commercial banking products to grab a bigger share of the more lucrative investment banking business. According to the US financial weekly, one tactic is the willingness of
        95 words
    • Article
      Lock icon Swift recovery for info-comm sector unlikely, says BG Lee
      427 2  -  S'pore outlook clouded by US economy, regional political unease By*. Tang Weng Fai [SINGAPORE] There will be no V-shape recovery for the info-comm industry, despite the general expectation that it will pick up by next year, Deputy Prime Minister Lee Hsien
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      76 2 ■KSSSSrI The 7* Asian International Broadcast and Multimedia Technology Exhibition Coherence Exhibition 19-22 June 2001 Conference 18-22 June 2001 Opening Hours: 10.30 am 6.00 pm Incorporating UaiileS/1800l MwlettaHmr2aai Kmtr \fiEmtti*2Qoi Held in Conjunction with Comiminictsßmi Organised By Worldwide Associate Endorsed by Supported by ■47 Scons Rom. t«h Floor GoMaXI Tews
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      9 2 S*pore aim* to be wireless comms hub, Pg 7
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      89 3 ■|a j I""" J I ilj —i Ishhi 1 U 1 I SWISS WATCHMAKERS SINCE 1865 > 1 >O^HK "> •Vl °SV vs\=g V jj c\ ST I ChronoMaster I he El Priniero movement embodies one of the latest great challenges in the art of watch-making. It is the first
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  • SINGAPORE companies
    • Article
      Lock icon Futures trading on SGX headed for record year
      400 4  -  B >11 exclusive Eurodollar futures volume for Jan-May already two-thirds of last year's total contracts By Siow Li Sen FUTURES trading on the Singapore Exchange looks set for a record year, fuelled by heavy volume in its top Eurodollar futures contract. In
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    • Article, Illustration
      Lock icon Amtek shares surge on rumours of Celestica takeover
      324 4  -  Company officials say they are unaware of takeover talks By David Boey SHARES of metal stamper Amtek Engineering shot up as much as 30 per cent to an intraday high of 63.5 cents yesterday on rumours that part of its business would
      Source: Bloomberg  -  324 words
    • Article
      Lock icon Tan Chong Int'l shares gain 21%
      288 4 Reuters [HONG KONG] Stock of dual-listed Tan Chong International Ltd shot up as much as 21 per cent to a 10-month high in Singapore yesterday immediately after the motor and property group suspended its shares in Hong Kong. The Singapore shares of Tan Chong
      Reuters  -  288 words
    • Article
      Lock icon Hedge funds a force to reckon with
      623 4  -  lock siew neil behrmann STOCK market forecasters can no longer ignore the huge and growing band of hedge fund managers. These fund managers are increasing not only the liquidity and volatility of market indices but also of individual stocks. Price trends are consequently
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    • Article, Illustration
      Lock icon SingTel rated among top carriers in survey
      507 5  -  Leading mobile phone brands are Nokia, Motorola, Ericsson Teh Hooi Ling NOKIA, Motorola and Ericsson are the top mobile phone brands, while AT&T, Sing Tel and NTT DoCoMo are the top telecoms carriers, according to a survey of telecoms companies and their images
      FILE PHOTO  -  507 words
    • Article
      Lock icon Start-up, higher sharksfin costs hit Thai Village
      163 5 THAI Village Holdings' interim net earnings slumped 52 per cent to $709,000 due to start-up and higher sharksfin costs. Turnover for the six months ended March rose 34 per cent to $16.4 million, thanks to the group's new restaurants in China. The Sesdaq-listed
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    • Article
      Lock icon KepCap shareholder sells 0.8% stake for $3.55 each
      143 5 KEPPEL Capital Holdings, the target of a takeover bid launched last week by OCBC Bank, said yesterday one of its substantial shareholders. Tat Lee Co, had unloaded a 0.752 per cent stake in it in the open market. Tat Lee Co sold
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    • Article
      Lock icon TPA Strategic in Korean aircraft services tie-up
      97 5 SESDAQ-listed aviation firm TPA Strategic Holdings is setting up a joint venture in Korea to provide aircraft engineering services and components to aircraft builders, airlines and maintenance overhaul organisations in South Korea and Japan. TPA Strategic said yesterday the new firm, TPA Korea,
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    • COMPANY Briefs
      • Article
        Lock icon Asia Dekor shares suspended
        39 5 HOME decoration supplier Asia Dekor Holdings said last night its shares will be suspended from trading from 9am today until further notice "pending an announcement". The stock closed one cent up at 10.5 cents yesterday.
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      • Article
        Lock icon Compact may raise funds this year
        40 5 MAINBOARD-listed aluminium products supplier Compact Metal Industries may embark on a fund-raising exercise this year. Subject to market conditions, the proposed fund-raising will take the form of equity financing through a placement of shares.
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      • Article
        Lock icon Pacific Carriers to be delisted
        43 5 PACIFIC Carriers will be delisted from the main board of the Singapore Exchange. The delisting will take place after takeover party Hovert Investments acquires shares from PCL shareholders who did not accept the offer Hovert made in April.
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      • Article
        Lock icon Correction
        34 5 YESTERDAY'S report headlined "Inno-Pac to buy 20% of healthcare firm for $11,2 m" was incorrect. The value of the proposed acquisition is $11.5 million, not $11.2 million. We are sorry for the error.
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    • Article
      Lock icon Cybersource lays off staff as Flextech pulls the plug
      333 5  -  By\ David Boey FLEXTECH Holdings has pulled the plug on e-ser-vices provider Cybersource Pte Ltd, and laid off all 21 people at the company barely a year after Cybersource's management had projected a sharp rise in its fortunes. The closure of
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    • Article
      Lock icon Hong Kong's Willas-Array to list on mainboard
      314 5  -  Electronics parts distributor operates in HE and China H,, Trina Foo HONG KONG-based electronic components distributor Willas-Array Electronics (Holdings) said yesterday that it has received in-princi-ple approval from Singapore Exchange for a mainboard listing. Overseas Union Bank will manage the listing, which will
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      103 4 SINGAPORE PRESS HOLDINGS NEWSPAPERS PRESENT I Win up to $KVOOO wmWv in our Dally Draws! iV* Nlht ad at ttt ik V 1. JjS BW Mowm w «t»d t. THURSDAYS TO SUWMTS,yon fit to ahkick »i*i«w«n) on tiwt day in a 4nd (w(|ere ipp Klbl^J^^^^^L«!^S^S^^i regulations .pp., Main Sponsor -jpas—
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  • Page 5 Advertisements
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      83 5 Aztech I 10 Donovan TOW POM KRFOIMANCE www donovan com I\IEC YOKOGAWA The companies that know high-tech best run Oracle. www.oracle.com Copyright 2001 Oracle Corporal ton All right reserved Oracle is a registered trademark and Software Powers the Internet is a trademark or registered trademark of Oracle Corporation Other names
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Untitled
      345 6 Theoretical values before Dec 31, "98 Stocks Volume North 22 USlc 42.545.000 Hyflux 5c 22.217,000 Surface MT HK20c 20.746.000 AEM-Evertech 5c 17,193.000 Omni Ind 10c 16.560,000 Tianjin Zhong 15,415,000 Autron 14.849.000 Golden Agri USIOc 11,984.000 *TanChonglnt50c 11,781.000 Cytech HK5c 11,398,000 Stocks DBS Grp 72,478,652 Omni Ind 10c 60,466.960 Chart Semiconductor
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    • Article, Illustration
      Lock icon A case of short-covering — or STI magic number at work ?
      615 6  - A case of short-covering or STI magic number at work I-I I comment STOCKS r. sivanithy WAS it short-cov-ering that pushed up prices late on Monday and again yesterday? Or simply traders capitalising on a perception in the market that 1,700 is where "strong support" lies for the Straits Times
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    • Article, Illustration
      Lock icon US$ in favour ahead of expected Fed rate cut
      633 6  -  I=l i comment CURRENCIES Euro runs out of steam as focus turns to stagflation in eurozone; US$ will be bought on dips versus the yen larry wee THE euro and sterling may have come off recent lows but the Japanese yen
      Source: Reuters  -  633 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    3341 6 UNIT TRUSTS FUNDS Aberdeen Asset Mgt Asia Ltd Aberdeen Select Portfolio: Global MNCFd 0.737 0.774 Global Technology Fd!** 0.633 0 666 UK Blue Chip Fd!** 0.749 0 787 American Opport Fd 0.833 0 876 Cont Euro Eqty Fd!** 1 024 1.076 Japan Eqty Fd!** 1.172 1.232 Asian Fixed Income Fd
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  • SINGAPORE news
    • Article
      Lock icon S'pore sets sights on becoming wireless comms hub
      328 7  -  It will be test-bed and launch pad for wireless technology, trends; Cheow Tong By, Andrew Wee THE Singapore government plans to aggressively develop wireless communications here, with the country taking on the role of a wireless technology test-bed and a launch pad
      328 words
    • Article
      Lock icon Don't smear name of all cab drivers
      325 7  -  UMJiHiIHI Jacqueline Tham Public Relations Manager Comfort Transportation Pte Ltd I REFER to the article "Why do taxi drivers take people for a ride?" by Jaime Ee (BT, June 8). I understand that Ms Jaime Ee was sharing her personal opinions of taxi
      325 words
    • Article
      Lock icon New SCV rates unfair
      118 7  -  Denis Distant Singapore SCV subscribers pay $32.95 per month for the Basic Tier package. But under the revised subscription rate, for $32.95. they will no longer have access to the sports channels nor receive the monthly programme guide. To retain the status quo, they will need
      118 words
    • Article, Illustration
      Lock icon James Murdoch shares a dirty secret
      554 7  -  fty' Teh Hooi Ling TELEVISION programming and basic communications will drive the networks of the future, and simplicity is the key to ensure a wildly successful technology product or service these are the two messages of Asia's two leading technopreneurs. Giving the keynote address
      RICHARD CHNG  -  554 words
    • Article
      Lock icon CityCab to take taxis into cyberspace
      339 7  -  Hy Yap Wy-En CITYCAB, Hewlett-Packard Company and Ericsson yesterday signed a memorandum of understanding that will take taxis into cyberspace. Project Escalade a $15 million venture endorsed by the Infocomm Development Authority of Singapore and expected to be operating by 2003 aims to equip
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    • Article, Illustration
      Lock icon NUS opens Kuok Foundation student residence
      209 7 THE National University of Singapore (NUS) yesterday officially opened an eight-sto-rey student residence Kuok Foundation House next to another hall of residence, Raffles Hall. The residence is named in recognition of the generosity of the Kuok Foundation, founded by businessman Robert Kuok, a Raffles
      ARTHUR LEE  -  209 words
    • Article
      Lock icon COE bids under new system seen way above $27,000
      343 7  -  Last night, bids for Cat E certs already at $25,000 after big boys weigh in By' Ven Sreenivasan BIDS under the new open tender system for for Category E (open category) certificates of entitlement had leapt to almost $25,000 last night
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    • Article, Illustration
      Lock icon Foreign reserves dip below $140b in May
      266 7  -  on the economy fo r e gn reserves By Serena Ng SINGAPORE'S official foreign reserves fell below $140 billion in May. preliminary figures from the Monetary Authority of Singapore show. The reserves totalled $137.92 billion at the end of May, down 1.6 per
      Source: MAS  -  266 words
    • Article
      Lock icon A TV ad service patent and OOH!, it's timely
      239 7 Advent's service to be seen on new out-of-home channel ADVENT Television's enhanced TV advertising service that allows banner, logo, ticker, billboard and splitscreen advertisements has been granted a patent by the Singapore Registry of Patents. the company said yesterday. The service.
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      67 7 We welcome letters. E-mail us at btletter@sph.com.sg or fax us at *****71, or write to: The Business Times, Times House, 390 Kim Seng Road, Singapore *****5. We need your full name, address and telephone number, so we can verify it came from you. Please use temperate language, and bear in
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  • BIZ woman
    • Article
      Lock icon US author sparks dismay among geishas
      739 8 Ex-geisha sues author of Memoirs of a Geisha for revealing her identity NYT [KYOTO] IN 1992, Mineko Iwasaki was a retired geisha living quietly with her husband and daughter in the hills of Kyoto when a young American author named Arthur Golden called upon
      NYT  -  739 words
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      1022 8 I $g§ SINGAPORE ACCOUNTANCY ACADEMY I I Training Arm of The Institute of Certified Public Accountants of Singapore AOOl I Analysis of Financial Statements PDOO4 I Communicate with Confidence in Ms Koh Siew Min Standard English f 19 -20 Jul 2 days *****.10 Mt J an Kho VoW,9S lAOO4 I
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      Lock icon Page 8 Advertisements Column 2
      135 8 Quality Teakwood 'Outdoor Furniture' Whole Range I ...makes the difference 1 fc %r a CWRi y With over 1 50 items, ours is one of the world's widest range of quality teak furniture on the market today. Styles ranging from the reassuringly traditional to the refreshingly contemporary. Every item is
      135 words
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      67 8 B Visll II CORRIGENDUM IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF (1) SOUNDPEOPLE PTE LTD (4) JEVIARY MARKETING PTE LTD (5) ASCENTIA ENTERTAINMENT PTE LTD MEMBERS' VOLUNTARY LIQUIDATION should be numbered as follows: (2) JEVIARY MARKETING PTE LTD (3) ASCENTIA ENTERTAINMENT PTE LTD
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  • Page 8 Miscellaneous
    • Miscellaneous
      Lock icon Page 8 Miscellaneous Column 1
      261 8 CRYPTIC CROSSWORD ACROSS 4 Cotswokjs family making warm 1 Brawny son found in coppice coat (9) (5-3) 5 One living high to get brown. I 6 Not far from St Malo. wander- wager, in the interior (7) ing (6) 6 In the style of marine danger--9 Disclose pistol sawn off
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      139 9 I We integrate. You communicate. I The world doesn't revolve around you. I But we're working on it. 7 I s, V -.t.l i-A*.-|s| r onsider the coming do-everything-M I»' I but-shine-your-shoes next-generation j 9 V* mobile phones. Mitsubishi Electric's contributions range from submarine fiberX" illli? opticcables and encryption algorithms
      139 words
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  • ARTS festival
    • Article
      Lock icon Unfulfilling experience
      497 10  -  Zurich Symphony Orchestra's display lacked energy, even during climactic orchestral moments, says eladtephua ELAINE PHUA ONE had high hopes for the Zurich Symphony Orchestra (ZSO) on Sunday night. For their second night's performance at the Singapore Arts Festival, they had lined up a singularly pleasing programme, filled up
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    • Article, Illustration
      Lock icon Philip Glass reflects on his varied works
      566 10  -  By< Geoffrey Eu PHILIP Glass, the undisputed maestro of minimalist music, is set to hypnotise a sold-out Victoria Concert Hall tomorrow night when some of the seminal works of a storied 32year career are featured at a retrospective concert. The Philip Glass Ensemble
      LAW KIAN YAN/PROJECT EYEHALL  -  566 words
    • Article
      Lock icon BT SCORECARD
      398 10 Zurich Symphony Orchestra (music) Panelists: Justine Moss, Dawn Eng. Elaine Phua Score 1 The snob factor p 0 (pretentious twits around) -10 (culturally averse will enioy it) 2 The Snore-o-Meter 0 (try not to drool when you nod off) -10 (higher high than caffeine) ■■5 3 That Cutting
      398 words
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      1920 10 BT s aggregate score for this performance was 69.4. I NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 I The Companies Act (Chapter 50i Section 291(1) STATUTORY DECI JURATION BY DIRECTORS OF COMPANY'S INABILITY TO CONTINUE BUSINESS BY REASON OF ITS LIABILITIES Name of Company Bin Hin
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      450 10 In It* Matter of The Companies Act, Cap. SO And In the Matter of GOOOVIEW DISPENSARY PTE LTD (In Voluntary Liquidationl MEMBERS' VOLUNTARY WINDING-CP FINAL MEETING NOTICE IS HEREBY GIVEN. purAani 10 Section 308 of ihe Companies Act. Cap 50. that for the FINAL MEETING of the Members of the
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      2507 11 TRADES FJJ R TDR URL: http://www.stdb.com fVTT| w -w- 4 -w- Singapore Trade What s Hot A Look At 7= "p a y Asia INTERPRISE Canada sr &B Industry Si w° re 2001 excellent opportunity to meet Occupying approximately two- Mission to two of Canada's sales are through supermarket >
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Headlines catch up with the bad news
      771 12  -  mum bottom line OPINION caroline baum Bloomberg CALL it the capitulation of the headline writers. While the major US stock indexes haven't come close to retesting the March lows, the financial press did set a new low in optimism. The Monday editions of
      Bloomberg  -  771 words
    • Article
      Lock icon IN OTHER WORDS
      38 12 "This is not a departure from convertibility. From a monetary point of view, a peso continues to be worth US$l" Domingo Cavallo Argentina s Economy Minister, after introducing multiple exchange rates for the local currency.
      38 words
    • Article
      Lock icon Singapore's ties with US, China
      623 12 EDITORIAL IT was a busy time for two of Singapore's leaders last week. Prime Minister Goh Chok Tong went to Washington where he met President George W Bush while Senior Minister Lee Kuan Yew travelled to China to update himself on the latest thinking during
      623 words
    • Article, Illustration
      Lock icon Japan warms up to free trade pact with S'pore
      1595 12 BT's Yangßazali Kassim, in Okinawa recently, caught up with Hiroshi Hashimoto, the former Japanese ambassador to Singapore, on why Tokyo wants an FT A with the Republic Q: Ambassador, when you were in Singapore, you were part of the Japanese team
      FILE PHOTO  -  1,595 words
    • Article
      Lock icon Get set for the age of ceasefires
      759 12  -  Both Palestinian and Israeli leaders have limited options H>i r Thomas Friedman NYT EVEN thinking about writing a column about an Israeli-Pal-estinian ceasefire is a dangerous thing. It's dangerous because you know it could end at any moment while you're writing, after you've
      NYT  -  759 words
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  • MALAYSIA news
    • Article
      Lock icon Troubled L&G gets debt agency help
      427 13  -  Move comes amid the firm's latest loan default From] Eddie Toh hi Kiiala Lumpur THE national debt arbitration panel of Malaysia has stepped in to help troubled Land General (L&G), a company owned by an associate of former finance minister Daim Zainuddin. The listed
      427 words
    • Article, Illustration
      Lock icon Dr M denies probe against Daim
      318 13 I KUALA LUMPUR AFP MALAYSIAN Prime Minister Mahathir Mohamad yesterday dismissed rumours that ex-finance minister Daim Zainuddin was under police investigation and said there was no rift between them. Mr Daim quit as finance minister and treasurer of the ruling United Malays National Organisation
      AFP; AFP FILE PHOTO  -  318 words
    • Article
      Lock icon Four pressing questions expected at Umno meet
      324 13 KUALA LUMPUR Reuters WHEN Malaysia's Mahathir Mohamad meets his ruling party faithful for their annual get-together this week, four burning questions will be on everyone's lips. But whether the 75-year-old prime minister, Asia's longest serving elected leader and a man with an eye
      Reuters  -  324 words
    • Article
      Lock icon Danaharta Nasional takes up 9.5% of Amcorp
      380 13  -  Front Diana Oon Abdullah w Kuala Lumpur MALAYSIAN national asset management company Danaharta Nasional Bhd has taken up close to 100 million shares, or 9.5 per cent, in Arab Malaysian Corporation (Amcorp) as part of the group's debt restructuring exercise. Amcorp completed the
      380 words
  • FINANCE
    • Article, Illustration
      Lock icon Untitled
      1266 13 mTERBAMK CTEOSS BATES j U n 19 AS C$ fcafc Eto FTr Pa HK$ Ind t» NpWi Y« Won IK ICMih fwo SS Band Sfr NTS Baftt Pound g Australia 0.800 4.330 0.609 3.993 1190 4.069 24.498 59.390 0.643 6.781 1.982 1.258 33.268 27.290 0.949 4201 0.930 17.955 23.612 0.373
      1,266 words
    • Article
      Lock icon Futures edge up in mixed trading
      279 13  -  SGZ Derivatives Trading Report ST Index/MSCI SPpore Index Daniel Wong Refco Singapore Pte Ltd SINGAPORE Airlines led a decline in the stock market yesterday. The benchmark Straits Times Index lost 12.11 points, or 0.7 per cent, to end at 1,701.61, with eight counters up.
      279 words
    • Article
      Lock icon Futures drift as chip stocks falter
      240 13  -  Wong Ann Chuen Refco Singapore Pte Ltd TAIWAN stocks continued to fall yesterday with semiconductor firms still being hammered. The MSCI Taiwan Stock Index lost 1.74 points, or 0.74 per cent, to end at 232.50. The turnover for the index rose to 435.98 million
      240 words
    • Article
      Lock icon CURRENCY REPORT
      224 13 Reuters I iond4Hi THE yen recovered from onemonth lows against the US dollar yesterday after Bank of Japan governor Masaru Hayami said currency intervention might be needed if exchange rates moved too rapidly. Mr Hayami also said Japan should not drive the yen lower due to the impact
      Reuters  -  224 words
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      36 13 N M ROTHSCHILD SONS X \r ovtr 200 yemrt of banking 0 Tel: 65-535 9677 65-535 9100 Fax: 65-535 8713 ff n a a-aa T" o a Email: treasury@rothschild.com.sg Call Rothschild Treasury Services today. Website: www.nmrothschiid.com.sg
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  • e-NEWS
    • Article
      Lock icon Hutchison, Ericsson in A$380m 3G deal
      421 14 SYDNEY Network to cover major Anssie cities; staged lannch at end '02 and early '03 Reuters HUTCHISON Telecommunications (Australia) Ltd has signed an AsB3o million (*****.8 million) deal with Ericsson to build a third generation mobile network covering the major Australian capital cities. Hutchison,
      Reuters  -  421 words
    • Article, Illustration
      Lock icon Telstra will not recover until at least 2003: analysts
      329 14 MELBOURNE Bloomberg TELSTRA Corp, which last week cut its sales growth forecast for the year to June 30, will not recover until at least fiscal 2003, analysts said. Slower economic growth in Australia, combined with competition from more than 30 rivals,
      Bloomberg; FILE PHOTO  -  329 words
    • Article
      Lock icon Acer lowers own-brand sales forecast to NT$80-90b
      372 14 TAIPEI Reuters THE head of Acer Inc's branded business unit said on Monday that his arm of the Taiwan personal computer maker expected to make NT$BO-90 billion (554.2-4.7 billion) in sales this year, falling short of an earlier estimate. "We originally estimated that
      Reuters  -  372 words
    • e Briefs
      • Article
        Lock icon AT&T denies it will cot 15,000 jobs
        89 14 Reuters m [PHILADELPHIA] AT&T Corp, the No 1 US long-distance telephone and cable television company, on Monday denied a report by Internet site The Street.com that said it planned to cut up to 15,000 jobs, or 9.3 per cent of its workforce. "It's
        Reuters  -  89 words
      • Article
        Lock icon HP outlook lowered to negative by S&P
        88 14 Bloomberg [PALO ALTO, California] Hewlett-Packard Co's outlook was reduced to "negative" by Standard Poor's, as the second biggest computer maker copes with an economic slowdown and falling demand, the credit agency said. S&P left the company's ratings intact, saying they could be dropped
        Bloomberg  -  88 words
      • Article
        Lock icon Intel chief for relaxed broadband rules
        103 14 Reuters [WASHINGTON] Intel Corp chairman Andrew Grove called on the US government on Monday night to relax regulations on high-speed Internet access, saying wider deployment was necessary even if it would cause more independent carriers to go out of business. Speaking at a dinner
        Reuters  -  103 words
      • Article
        Lock icon Yahoo carries porn, say association
        84 14 Bloomberg [SUNNYVALE, California] Yahoo! Inc allows child pornography and other obscene material to be displayed on some of its websites, the American Family Association, a religious advocacy group based in Mississippi, said. Patrick Trueman, an attorney for the association, said it has asked US attorney-general
        Bloomberg  -  84 words
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        Lock icon Ericsson plans Bluetooth trial in Japan
        70 14 Reuters 11UKYOJ Ericsson s Japan unit yesterday said it will launch trial information and Internet services in Japan using Bluetooth short-range wireless communications as it seeks commercial uses for the technology. The project, joined by trade house Marubeni Corp, the Japan unit of handheld
        Reuters  -  70 words
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        Lock icon China Unicom expects lower capex
        62 14 Reuters [HONG KONG] China's No 2 wireless carrier China Unicom said on Monday it expects capital expenditure for year 2001 will decrease by 10-15 per cent due to lower telecoms equipment costs. Executive director Li Zhengmao said the drop in expenditure on equipment represents a
        Reuters  -  62 words
  • Article
    Lock icon COMMODITIES
    1274 14 SICOM FUTURES Jun 19 RUBBER (futures dosing as at 5.30pm) RSS1 CONTRACTUS cents/kg) Close VolWM Open Month High Low Sett (tomes) Interest Jiri 01 112.00 Aug 01 m.00 Sep 01 112.50 250 Oct/Dec 01 114.25 RSS 3 CONTRACT (US cents/kg) Volume Open Month Wgfe Low Sett (tonnes) Interest Jul
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  • REGIONAL news
    • Article
      Lock icon Jakarta caves in over central bank law
      442 15 JAKARTA Change of stance could remove key obstacle to resumption of IMFs loan programme Reuters EMBATTLED Indonesia, desperately trying to mend fences with its donors, appeared to cave in yesterday over the last issue blocking fresh loans from the International Monetary Fund. New
      Reuters  -  442 words
    • Article
      Lock icon Indonesia heading for power crisis
      486 15  -  Blackouts likely by 2003 unless USsl4b is put in new projects From Shoeb Kagda in Jakarta INDONESIA needs to attract approximately US$l4 billion worth of new investments in the coming years to meet growing demand for power but given the current uncertain political and social
      486 words
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      Lock icon Jakarta to probe 3 businessman: report
      195 15 JAKARTA Xinhua THE Indonesian Attorney General's Office will probe three businessmen once protected from prosecution by President Abdurrahman Wahid, the Jakarta Post reported yesterday. Deputy Attorney General for Special Crimes Bachtiar Fachri Nasution said textile tycoon Marimutu Sinivasan had been slapped with a travel
      Xinhua  -  195 words
    • NOTE Book
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        Lock icon Gold rush: Terengganu segregates sexes
        116 15 AFP [KUALA LUMPUR] The Parti Islam SeMalaysia (PAS), which rules Terengganu, yesterday reopened a gold mine 12 years after a series of fatal cave-ins with strict safety precautions and segregation of male and female prospectors. "Men panners will operate separately from the women licensees," Bernama
        AFP  -  116 words
      • Article
        Lock icon Prices for 2 HK sites within forecast
        100 15 Bloomberg [HONG KONG] The Hong Kong government yesterday sold two small suburban sites for HK579.5 million (5518.5 million), in line with expectations, at an auction that is the first of a dramatically-reduced land sales programme. In the 12 months through March, the government
        Bloomberg  -  100 words
      • Article
        Lock icon Indonesia to curb money laundering
        98 15 AFP [JAKARTA] The Indonesian government has submitted a draft bill on money laundering to the lower house of Parliament in the hope of curbing massive financial losses to the state, a report said yesterday. New Minister of Justice and Human Rights Marsilam Simanjuntak, who submitted
        AFP  -  98 words
      • Article
        Lock icon HK real GNP grows 3.4% in Q1
        61 15 Reuters [HONG KONG] Hong Kong's gross national product (GNP) grew 3.4 per cent in real terms in the first quarter compared to a year ago, the government said yesterday. At current market prices, first quarter GNP was estimated at HK5316.8 billion (5573.8 billion),
        Reuters  -  61 words
      • Article
        Lock icon HK lobbies for foreign firms
        60 15 AFX-Asia [HONG KONG] Chief Secretary Donald Tsang and Financial Secretary Anthony Leung have lobbied the central government to allow foreign companies to issue China depository receipts on the mainland, the Hong Kong Economic Times cited market sources as saying. The issue was broached with Premier
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      • Article
        Lock icon China launches anti-damping probe
        55 15 AFX-Asia [BEIJING] The Ministry of Foreign Trade and Economic Cooperation said it has launched an anti-dumping investigation on animal feed imported from the US, South Korea and Indonesia. The probe will last for around a year but may be extended to 18 months, a statement on
        AFX-Asia  -  55 words
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      Lock icon Indonesian authorities agree to bus fare increases
      288 15 Reuters [JAKARTA] Indonesian authorities in numerous cities have caved in to demands for bus fare hikes following strikes by drivers that sparked commuter chaos and some violence, local media reported yesterday. The Jakarta Post newspaper said regional administrations allowed the increases on Monday
      Reuters; AFP  -  288 words
    • Article
      Lock icon First trade deficit for Manila in two years as imports rise
      322 15 MANILA Bloomberg THE Philippines posted its first trade deficit in two years in April as imports rose unexpectedly after four months of declines. Imports rose 6.5 per cent from a year earlier to U552.69 billion after dropping 5.1 per
      Bloomberg  -  322 words
    • Article
      Lock icon Infosys in talks with China firms for tie-ups
      362 16 BEIJING Firm sees large pool of talented Chinese technical resources Bloomberg INFOSYS Technologies, India's second-largest software developer, is in talks with Chinese companies to expand into a US$l4 billion information technology market as its sales growth slows by almost two-thirds. Infosys aims
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      Lock icon HK workers Asia's most discontented: poll
      185 16 AFP (HONG KONGJ Hong Kong workers are Asia's most disgruntled, with nearly a third of them feeling no obligation to stay with their employers, a report showed yesterday. Research for the Asian Employee Relationship report conducted by Asia Market Intelligence (AMI) showed that the
      AFP  -  185 words
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      107 15 A (t\Y ®hi (tec®i' 'o, I»: 111 1111 1 till 11. t w s|t;i|H°l H Ui.i.hllmiml lillniiil Wunn :iil.ilili II «h) not Al)\ AN I \(.i: Uc'si(kn!i;il Seminar l\ickn»c hut /m /m/i I no lollir lnvaks |k i <l;i\ < >iu Imllrl Iniu h I rti iis.tiii- «> I Hireling
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      83 15 Life has a habit of taking you here, there and everywhere. MOVEABLE •I <: H So isn't it nice to know that you can take a piece of Bang Olufsen with you SOUND BeoSound 1 is great sound that's made to be moved from the home to the workplace and
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  • STOCKS asia
    • Article
      Lock icon HK rebounds; volume stays low
      1230 16 HONGKONG Reuters Q Hang Seng +***** HONG Kong stocks drew some late buying yesterday in a technical rebound after the oversold benchmark index hovered around the 13,000 level for most of the day. The Hang Seng Index ended up 1.43 per cent, or 184.88 points,
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      Lock icon Untitled
      0 16
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      Lock icon Retailer Mycal's plunge hits Tokyo
      1064 16 TOKYO Reuters, AFXAsia Q Nikkei 225 -***** TOKYO stocks wiped off early gains to end lower for the third straight session yesterday as concerns over the financial health of debtstrapped retailer Mycal Corp chilled sentiment. The Nikkei Average ended down 123.53 points, or 0.97 per
      Reuters,; AFX- Asia  -  1,064 words
    • Article
      Lock icon KL firmer ahead of Umno meet
      1146 17 KUALA LUMPUR AFP. AFX-Asia PCompoatc Index +SJI MALAYSIAN shares closed 0.9 per cent higher yesterday with blue.chips leading the rise ahead of ruling party Umno's annual meeting starting tomorrow. The Composite Index ended up 5.11 points at 589.93. The Second Board Index rose 0.39
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      2270 17 ■BANGKOK v« 1 1*1 rooo) ABNAmroAsta 25.50 -0 25 85 Adkinson Sec 11.00 unch 572 Advance Agro PCI 14.50 unch 137 Advanced Info 460.00 2.00 72 Advanced Info Service .460.00 2.00 72 Asia Credit 9.00 -0.20 ***** Ayudhya In*. Trust 5.90 0.10 1128 Bangchak Petrol 8.30 0.30 ***** Bangkok Bank
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      552 16 Backup Solution Packages All packages come with FREE VERITAS Backup Exec™ 8.5 for Windows® NT @A H anc Windows® 2000 Package A $7,300 DLT 40/80 GB Internal Drive DLT Tape Cartridge (7 Pieces) f IPar Package B $7,900 fi DLT 40/80 G8 External Drive SUPER -*> :§jk I —I DLT
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  • WORLD news
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      Lock icon Minister wants cut in Japan's ODA
      375 17 TOKYO He hopes 10% financial aid cnt will help balance Budget Reuters JAPAN'S finance minister yesterday said he wanted to trim financial aid by about 10 per cent as a step towards balancing the country's debt-lad-en Budget. Japan is the world's largest donor of
      Reuters  -  375 words
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      Lock icon Japan, US reaffirm close ties during Tanaka's visit
      292 17 WASHINGTON Reuters JAPAN and the US reaffirmed their close ties despite differences over global warming and arms control during a visit on Monday by Japan's Foreign Minister Makiko Tanaka that included a brief meeting with President George W Bush. Ms Tanaka said
      Reuters  -  292 words
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      Lock icon Japanese ETFs to be traded in US and Europe
      381 18 TOKYO Tokyo and Osaka stock exchanges team np with Amex and Nasdaq Reuters JAPANESE exchange traded funds (ETFs) will soon have a global reach through two separate alliances of the Tokyo and Osaka bourses with the American Stock Exchange (Amex) and
      Reuters  -  381 words
    • Article
      Lock icon BOJ chief warns against weaker yen to revive economy
      225 18 TOKYO Reuters BANK of Japan (BOJ) governor Masaru Hayami warned against using a weaker yen to revive Japan's flagging economy yesterday, saying it would be detrimental for the global economy and could ultimately backfire on Japan. Mr Hayami said recent weakness
      Reuters  -  225 words
    • Article
      Lock icon US now biggest market: Lloyd's
      218 18 Bloomberg [NEW YORK] Lloyd's of London said the US has edged out the UK as the insurer's biggest market for the first time in its 300-year history. Lloyd's officials said a breakdown of the London insurance market's 2000 business shows that the US now accounts
      Bloomberg  -  218 words
    • WORLD Watch
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        Lock icon US home construction stays robust
        89 19 Bloomberg I WASHINGTON) US home construction fell last month, holding close to January 's level that was the highest in almost a year and a sign housing is staying robust as the rest of the economy slows, a government report showed. Housing starts fell 0.4
        Bloomberg  -  89 words
      • Article
        Lock icon Global Crossing expects lower taxes
        87 19 Reuters [PHILADELPHIA] Telecoms services company Global Crossing on Monday said it expects its 2001 taxes to be lower than expected, and secured receivables financing of US$25O million. Separately, Global Crossing said it sold the Asian operations of IXnet and IPC, as well as the territorial
        Reuters  -  87 words
      • Article
        Lock icon Lone Star of US to buy Seoul building
        94 19 Bloomberg IbfcUULj Lone star Fund 111 LP of the US will pay 700 billion won (*****.6 million) to buy a Seoul skyscraper from Hyundai Development Co, beating a bid from Morgan Stanley Dean Witter, the Korean company said. Korea's largest apartment builder
        Bloomberg  -  94 words
      • Article
        Lock icon EU official defends GE-Honeywell ruling
        86 19 FT [PARIS] The dispute over the European Commission's objections to General Electric's US$42 billion takeover of Honeywell escalated on Monday when Mario Monti, European Union competition commissioner, hit back at criticism of his handling of the process. "I deplore attempts to misinform the public and
        FT  -  86 words
      • Article
        Lock icon Novartis drug fails to get FDA approval
        97 19 FT [LONDON] US regulators on Monday refused to grant marketing approval to Novartis for a new drug, dealing a blow to the Swiss company. Unless Novartis mounts a successful appeal, Zelnorm a treatment for irritable bowel syndrome rated a blockbuster by some analysts
        FT  -  97 words
      • Article
        Lock icon Gates gives US$100m for Aids campaign
        72 19 Reuters [BRUSSELS] Computer billionaire Bill Gates yesterday said his charity foundation would donate US$lOO million to a global fund which aims to stop the spread of Aids and other diseases ravaging developing countries. The Bill and Melinda Gates Foundation will pay the money over
        Reuters  -  72 words
      • Article
        Lock icon Gucci cuts earnings forecast
        73 19 Bloomberg [AMSTERDAM] Gucci Group NV, the third largest luxury goods company, cut its earnings and sales forecasts because of slowing US demand as it spends more to revamp Yves Saint Laurent. Gucci expects profit before tax, interest and goodwill and trademark amortisation for the year to
        Bloomberg  -  73 words
    • Article
      Lock icon Goldman's quarterly profit falls 24%
      480 19 NEW YORK Weak IPO market cited; Lehman shines on bond interest Reuters [NEW YORK) Goldman Sachs Group Inc. one of Wall Street's premier investment banks, succumbed to weak stock markets and posted a 24 per cent decline in quarterly profits yesterday, but smaller rival Lehman
      Reuters  -  480 words
    • Article, Illustration
      Lock icon Oracle beats 4th qtr expectations by one cent
      278 19 m SAN FRANCISCO Bnt analysts warn against reading too much into the figure NYT ORACLE Corp said Monday that revenue from licensing its software fell 9 per cent in the fourth quarter from a year ago, reflecting a sharp drop in fortunes
      NYT  -  278 words
    • Article
      Lock icon Solectron books Q3 US$186m loss, expects further losses
      272 19 MILPITAS, California Bloomberg SOLECTRON Corp, the world's biggest electronics contract manufacturer, said it had a fiscal third-quarter loss and expects profit this quarter to fall because of slowing demand. The loss at the company, which gobbled up Natsteel Electronics last December, was
      Bloomberg  -  272 words
    • Article
      Lock icon Microsoft and Cisco may miss Q4 estimates, say analysts
      343 19 NEW YORK They cite PC slump and slowing sales of telecoms equipment Bloomberg MICROSOFT Corp and Cisco Systems, leaders in their respective areas of the computer industry, may miss their fiscal fourth quarter earning estimates because of slowing orders, analysts said.
      Bloomberg  -  343 words
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      152 18 ~7 mmwmmm j WSMSESm TTtTTr^Tr^T^Mi -us. Try having people in your regional office reporting Lj^ to you at the same time, several times a day. \k A P ,/t,f a HitachiASP is about having your regional operations in one consolidated report anytime, anywhere you want. f j§r The choice is
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  • Article
    Lock icon SGX clob
    2557 19 BQMPSAWARBAMTS £T*u. <_ H *2 "f. WW (MttDMi* ta nw !■>,! L*, 37 0.5 s Acma W*****4 15 2.5 s AIITech W*****7 -0.5 1 41.0 1 300 591 87.00 1 34.5 13.5 s AmtekW*****0 "34 4ns 3 17 100 692 4 33 2 22-5 5 s Armstrong W*****0.
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  • BT golf
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      Lock icon Home winner for S'pore?
      934 20  -  Mardan Mamat hopes for a top-3 placing at the Alcatel S'pore Open despite strong foreign entries, reports QUAHE LESLIE QUAHE SINGAPORE'S number one golfer Mardan Mamat hopes home advantage will lead him to glory at the US$3OO,OOO Alcatel Singapore Open at the Jurong Country Club from
      934 words
    • Article, Illustration
      Lock icon Goosen takes US Open
      874 20 He puts the missed 18-inch putt behind him to beat Mark Brooks by two shots Reuters [TULSA, Oklahoma] After recovering from being struck by lightning and from sustaining a broken arm skiing, missing an 18-inch putt for the US Open title on Sunday was hardly going
      Reuters; AFP  -  874 words
    • Article, Illustration
      Lock icon PRO TIPS
      140 20 In this second instalment of the Pro Tips series, teaching and touring professional Unho Park looks at; POfTURI THERE are several important elements involved in the way you stand to hit the ball known to golfers as the "address position". You owe it to yourself to get into
      RICHARD CHNG  -  140 words
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  • Article
    Lock icon STOCKS sgx
    7419 21 SGX matubqaRD ..H l*» Vol Day la«t Quote Oiv Dm YW DM Cap A^g Hull Lo» Co-piny Sate COOO) Hw» low Buyer So8or Cw S M Sn5 Pnc« MULTI-INDUSTRY 143 35 < Ac ma 50c 43 5 *3 5 3971 44 5 40 5 43 5 44 0
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      166 22 I »1U \4 HQ/ xm i j w mm^^^iM THE NEW VOLVO SOO OWNERSHIP PACKAGE. NO MUTTER WHICH DIRECTION TOU TAKE, IT'S ATTRACTIVE. I Owning the prestigious New Volvo SBO 2.4 has never been easier. After all, for a strictly limited time, you get to choose one of these two
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  • BT motoring
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      Lock icon Z-cars to carry Mitsubishi marque
      467 23  -  DaimlerChrysler expects to mass produce the fashionable urban car in 2004 at Mitsubishi's plant in Japan, reports Christopher tax CHRISTOPHER TAN DaimlerchrysLER'S subcompact Zcar project a Smart two-seater reworked to seat four will be marketed as a Mitsubishi in Asia but will wear the Smart
      RICHARD CHNG  -  467 words
    • Article, Illustration
      Lock icon Toyota plans to run fuel cell cars by 2003
      348 23 It aims to launch first car ahead of research leader DaimlerChrysler Bloomberg [TOKYO] Toyota Motor Corp plans to be among the first companies to market cars powered by hydrogen fuel cells, with some models to be available as early as 2003
      Bloomberg; AP  -  348 words
    • BUMPER to BUMPER
      • Article
        Lock icon VW customisation on the Web
        110 23 VOLKSWAGEN has become the first car maker in these parts to give consumers the chance to customise potential buys with a few clicks of a mouse. At www.vwasia.com, users can mix and match colours and specifications, as well as locate the most convenient dealer. Designed
        110 words
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        Lock icon Porsche race to come to Aria in 2003
        114 23 THE Porsche Carrera Cup, one of the fastest one-make races ever, will debut in Asia in 2003. In the event, established in 1988, drivers power a race version of the GT3 over 80 km or so. The car is a 3.6-litre flat-six
        114 words
      • Article
        Lock icon New "clutchless" Isuzu truck
        98 23 louzu distributor Triangle Auto has introduced a "clutchless" truck in the NPR 71. The 14-footer (with aluminium cargo deck) is equipped with a dual-mode transmission system that allows the driver to change gears without depressing the clutch pedal, if he so chooses. In this mode, a
        98 words
      • Article
        Lock icon M'sian to drive in Formula One
        84 23  -  Compiled by Christopher Tan MALAYSIAN Alex Yoong will replace Brazilian Tarso Marques in Minardi's Formula One line-up from next month, according to The Sun newspaper. In what is believed to be a first for Malaysia, Yoong is expected to debut for the Italian team
        84 words
    • Article, Illustration
      Lock icon The OMV guide
      1052 23 Source: LTA Average open market value (OMV) dears registered in May. •*»6L«I«<E CC MEOMVff) ALRA ROMEO A156 2 0 1570 26,160 AIM ROMEO A156 25 2,402 ***** ASTON MARTM DB7 VANTAGE sorif, *****7 AUBA413M0R 1J5B5 2M31 AUBA41 8A4DR 1.781 *****6 s *»A413rTW0R 1<78t 34,164 AUDA61BTTTW0R i^ MV316CIA
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  • FORMULA ONE
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      Lock icon Racy tracks
      1227 24  -  It's only hallway through the F1 calendar and there are enough stories about over-rated newcomer, promising rookie and backroom squabbles to keep fans glued to their seals. ADBTAif low looks forward to a riveting finish ADRIAN LOW THE upcoming Grand Prix of Europe at Nurburgring this weekend is
      AFP; REUTERS  -  1,227 words
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      74 24 riTlii ff' i^Ti'nflwifffil^ i 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 Alexandra Road Tel: 298 1818
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      24 24 with X Mercedes-Ben/ I The writer is a freelance contributor currently based in Munich Watch the Nurburgring race on CityTV this Sunday at Bpm
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  • PERSONAL investment
    • Article, Illustration
      Lock icon Sharp rise in sell value as sentiment turns
      1135 25  -  Bl' ki I>' q markets Capital Group tarns bearish on Datacraft bat picks ap Venture; watch oat for Asian Micro, Acma Byl Robert Halili The writer is managing director of Score Lab Asia Ltd. He is assisted by Ngia Soon Chai, Singapore
      Source: P ITA  -  1,135 words
    • Article
      Lock icon What's exempt in S'pore duties
      280 25  -  COVER STORY ESTATE DUTIES By Genevieve Cua ESTATE duty in Singapore is relatively low at between 5 and 10 per cent, yet there are a few points to bear in mind lest you miss out on fairly generous exemption thresholds. Property To avoid tax on
      280 words
  • ASIAONE markets
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      Lock icon New rules needed to ensure integrity of reports
      493 25  -  Consolidation in the broking industry puts bank-linked analysts in difficult position By Kevin Scully SINCE the stockbroking industry was deregulated in 2000 and with the listing of the Singapore Exchange, the number of stockbroking entities in Singapore has halved. From close to
      493 words
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      Lock icon When markets outrun economics
      704 25  -  The Dow is vulnerable to the downside if fresh bad news hits By, Jacques Chahine The writer is founder of JCF SPOT the error: The markets have roared ahead since they bottomed out in March, while economic indicators worldwide are looking gloomier. The surprise bonus of
      704 words
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      5 25 ■I net research www.nefresearcfvasia com
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      262 25 The Financial Training Company (FTC) has considerable experience in delivering Financial Markets Training Courses to a wide range of market participants. At FTC, you are guaranteed the highest quality training. ANALYSIS OF FINANCIAL STATEMENTS (AFS) The essential course for everyone in the financial sector. Financial skills are often assumed to
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      31 25 lul Also at asiaonemarkets.com OCBC-KeppeJ Capital: What about the father off the bride? KepCap confirms its also in discussions with (JOB OCBC makes takeover bid for KepCap at $3.38 a share!
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  • EXECUTIVE money
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      Lock icon Of death & taxes
      1731 26  - Of death taxes Do you hold assets from stocks to property overseas? Are you considering migration or retirement in another country? Then be aware that the accompanying estate duties can be a staggering burden. GENEVIEVE CUA looks at how cross-border taxation works, and how to plan around it GENEVIEVE CUA
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    • Article
      Lock icon Insurers to disclose expenses from July
      312 26  -  By Genevieve Cua YET another milestone is around the corner for the insurance industry in the form of the new expense disclosure to be included in benefits illustrations for all participating and investment-linked plans. Sources say guidelines for the new-look benefit illustrations have been
      312 words
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      131 26 Occasionally, the tips we receive go beyond ordinary expectations. Not that we're in the habit of expecting tips. But a feast of the finest Cantonese cuisine from the kitchens of our Hong Kong Master Chef. 1 combined with the perfect ambience of our PMf m HUATING refreshingly new and >
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      8 26 What's exempt in S 'pore duties, Pg 25
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  • SHIPPING TIMES
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      Lock icon FREIGHT MARKET
      287 27 Reuters THE Baltic Dry Index (BDI) rose six points to 1,368, the Baltic Panamax Index (BPI) gained 16 points to 1,382, the Baltic Handymax Index (BHI) fell 15 points to 9,021 and the Baltic Capesize Index (BCI) was up two points to 1,771. TIME-CHARTER: ♦Clarita (built 1989) 152,065
      Reuters  -  287 words
    • Article
      Lock icon MARITIME STOCKS
      303 27 SSX 100 JH» s$ w CWT Distribution 0.53 -0.03 160 Chuan Hup 032 unch 418 Cosco Investment 0.22 unch 928 Freight Links 0.06 -0.01 273 G8 Holdings 0.58 unch 0 IMC Hoidings-HK 5.60 unch 0 Jaya Holdings 0.16 unch 625 Kappel Corp 3-54 -0.06 996 KeppelFELS LOO 0.01
      303 words
    • Article, Illustration
      Lock icon ClassNK slams proposed measures of 3 IACS members
      493 27  -  ABS, DNV, LR disregarding decisions taken at lACS Council in May: Japanese classifier From David Hughes in London A BITTER dispute within the big classification societies boiled over last week with the chairman of Japan's ClassNK, Tadashi Mano, issuing a blunt criticism
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    • Article
      Lock icon Japan to move more cargo by coastal ships and trains
      394 27  -  Their share of cargo to go from 43% to 50% by 2010 By\ Donald Urquhart [SINGAPORE] The Japanese government is hoping to push half of the country's domestic long-distance cargo on to trains and coastal ships as part of a
      394 words
    • PORT Shots
      • Article
        Lock icon Keppel Smit Towage in $10m deal
        79 27 [SINGAPORE] Keppel Smit Towage has ordered two new harbour tugs and has options for two more in a $10 million transaction with Keppel Singmarine. The joint venture between Smit International and Keppel Hitachi Zosen earlier ordered two tractor tugs, and will expand its fleet
        79 words
      • Article
        Lock icon Aussie quarantine fees to go up
        66 27 [SINGAPORE] Australian Quarantine and Inspection fees will jump from As 7 (556.65) per container to A 512.50 per container from July 1 because of the government's decision to inspect every import box. The revised rates will help fund a A 5596 million upgrade of
        66 words
      • Article
        Lock icon Financing sought for Kra Canal project
        73 27 [SINGAPORE] Thailand is looking to foreign investors to finance its ambitious Kra Canal project estimated to cost 800 billion Thai baht (Ss32 billion), according to a parliamentary committee set up to study the project's feasibility. The committee said the Kra Canal company will be
        73 words
      • Article
        Lock icon Pyeongtaek port has hub potential
        81 27 [SINGAPORE] The Korea International Trade Association (KITA) said in a recent report that the port of Pyeongtaek has the potential to become a logistics hub for both the Chinese and North-east Asian markets. The report went on to note that Pyeongtaek port, located 70km south
        81 words
    • Article
      Lock icon Man dies after fall at Brani Terminal
      99 27 [SINGAPORE] A 42-year-old Chinese Singaporean was killed after falling from a container at PSA Corporation's Brani Terminal on Sunday afternoon. The deceased, Wong Hai Ann, was retrieved from the water but pronounced dead an hour after the accident It is unclear whether the
      99 words
    • Article
      Lock icon NZ service to use faster ships
      103 27 [SINGAPORE] The New Zealand Container Service (NZCS) will deploy five faster vessels to speed up services between its home ports and Port Klang and Singapore. Jointly operated by Malaysia International Shipping Corporation (MISC) and Pacific International Lines (PIL) since 1996, the upgraded NZCS South-east
      103 words
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      Lock icon Ship managers reject M'sian reports of pollution
      227 27  -  SOKMPUIIA TUTOR nrCXDEMT By Beth Jinks [SINGAPORE] The Singa-pore-based managers of the Panama-registered Singapura Timur, have rejected Malaysian press reports that bitumen and diesel from their sunken vessel had caused serious tar pollution, affecting fishermen near Malacca. A spokeswoman for Odyssey Maritime told
      227 words
    • SHIPPING news
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        Lock icon Current IACS row focusing on wrong issue
        896 28  -  STRAIT TALE By\ Seafarer CORPORATE Japan does not usually issue bluntly worded condemnations. So last week's comments by ClassNK's Tadashi Mano show there is real strength of feeling in the dispute among the members of the International Association of Classification Societies (lACS). Most
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      • Article
        Lock icon Korean Register attracts more ships
        168 28 [LONDON] Classification society the Korean Register of Shipping saw the number of ships under its class rise to 2,074, aggregating 19.8 million gross tons (gt), up 46 and 1.27 million gt on 1999. Of the 44 newbuildings added to KR class last year some 10,
        168 words
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        Lock icon ICTSI given option to manage Subic port terminal
        124 28 [SINGAPORE] Philippine's International Container Terminal Services Inc (ICTSI) has been given the first option to manage and operate the second container terminal at the Subic Freeport, by the Subic Bay Metropolitan Authority. The new terminal is being built with a loan from
        124 words
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      271 28 PAGE Ahrenkiel 9 Appensfiip 5 Assets S Austral 6 Aunt 9 B'tang Mas 6 BSA 7 BTL 9 Bangladesh 8 Balaji 4 Batamindo 8 CCHI 7 CMACGM 3 COSCO 3 CSAV 3 Central Ex 6 Chahaya 9 China Shpg 5 Confer 9 Colony Log 5 Cougar 7
      271 words
    • Article
      Lock icon SHIPPING GUIDE
      2072 34 THEBUSINESSTIMES EXPORT mnMKniv FT a fta &Hv, Q H,c Ar I[INH W§ ETA ETA Advertiser Vessel Voyage Telephone SIN Destn Name Name Number Number To ABIDJAN (ABJ) 2003 Cote D'lvoire 27/06 01/06 COSCO HUMBER BRIDGE 0081W 65 *****00 21/06 29/07 MOL PIO NED SEOUL 8701A 65 *****66 To
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        Lock icon Airbus grabs US$4.2b orders from three airlines
        574 36 PMUS AIR SHOW European planemaker expects to chalk up total of about 150 new plane orders this week AP [LE BOURGET, France] Airbus Industrie grabbed the spotlight at the Paris Air Show by announcing orders for jets worth US$4.2 billion, while US competitor
        AP; REUTERS  -  574 words
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        Lock icon Pilot action caused EgyptAir crash: ex-safety chief
        412 36 Final US report later this year; investigations focus on co-pilot Batonti Reuters [WASHINGTON] The 1999 crash of an Egypt Air flight that killed all 217 people aboard could have been caused only by someone in the cockpit, not equipment failure, the then-head of
        Reuters  -  412 words
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        Lock icon Alitalia staff get 6-month loan reprieve
        231 36 Bloomberg [MILAN] Alitalia SpA employees will have an extra six months to repay loans they guaranteed with stock the airline gave them three years ago, which they have been allowed to sell starting, a group of Italian banks said. Intesaßci SpA, Banca di Roma
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        Lock icon Asiana strike ends; Korean Air union leaders arrested
        378 36 AFP [SEOUL] Police arrested four Korean Air union leaders as the country's second airline Asiana reached a provisional accord with workers to end a week-long strike. The Asiana breakthrough on Monday virtually broke the back of a general strike started last Tuesday
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        Lock icon US airlines seek stop to FAA's pilot fatigue nile
        477 36 Airlines say the role is against the law, costing them millions Reuters (WASHINGTON! Major airlines in the US will ask a court to halt enforcement of a Federal Aviation Administration rule on pilot fatigue. The airlines say regulators interpret the rule
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        Lock icon Qantas to raise capacity on Sydney-Melbourne flights
        278 36 Bloomberg [SYDNEY] Qantas Airways plans to increase flights between Sydney and Melbourne, increasing the number of seats available by 7.5 per cent to expand the carrier's dominance on the country's busiest route. Sydney-based Qantas will raise the number of flights on the 700-kilometre
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        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1755 36 cm FUSNT ETA FLIGHT [TO Hill Hi AMU JO 1850 W6381 1850 S0230 BSC AastcrtM* $023 OUS *U38 22% 6*979 0955 S0328 2325 KU37 MS5 Wwrtw MOU 0255 AaCttatf ****** 2045 H***** 2045 S02M 2045 S0285 2045 Mnki erm ms HHi W/UM6 1330 MI/6A847 0755 iSfiimii
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    • FREIGHT 2001
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        Lock icon Bearing up in bad weather
        696 37  -  Asia's air freight industry may beleeling the effects of the sluggish US economy, but regional insiders remain optimistic. Indeed, Boeing's latest analysis reveals that j|®fl Asian air freight continues to grow much faster than any other area and ahead -{Iff?! of the world average. PT
        696 words
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        Lock icon CONSOLIDATION it's the name of the game
        788 38  -  The global trend of industries examining how to add value in the services and products they offer has led to many interesting partnerships and alliances among air freight companies, reports domald urquhart DONALD URQUHART THE competitive push by global business to increase their
        788 words
      • Article, Illustration
        Lock icon Singapore's changing e-logistics landscape
        738 38 INTERMEDIARIES in the global logistics market today thrive on the inefficiencies, complexities and tolerant attitudes of shippers, which are inherent in the system. But a global e-commerce boom has traders facing the prospect of dealing with an increasingly unmanageable volume of trade, which will in turn
        738 words
      • Article, Illustration
        Lock icon Always on the lookout for new cargo ventures
        544 39  -  SATS Airport Services chief executive Karmjit Singh tells donald urquhart why DONALD URQUHART WITH four cargo handling ventures in Asia under its belt, SATS Airport Services Pte Ltd is actively seeking prospective cargo ventures outside of Asia, according to chief executive Karmjit
        544 words
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        Lock icon Air freight expo and conference to debut at Asian Aerospace 2002
        485 39 THE biannual Asian Aerospace show is to feature for the first time an AirFreight Expo Conference. The conference, to be held on Feb 27-28 next year, will focus on "Asia's Emerging Air Cargo Revolution", with international speakers from the
        485 words
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        Lock icon Gearing up for expansion
        735 40  -  Airports and airlines are getting themselves ready to cope with the expected increase in air treight volumes, reports p t bangsberg P T BANGSBERG WITH Asia-Pacific air freight volumes forecast to rise steadily and faster than the world average over the next several years, airports and
        735 words
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      377 27 Current lACS row focusing on wrong issue, Page 2 People I i| United Pared Service (UPS) has appointed Richard Loi as the managing ft v director of Hong Kong. He will be responsible for finance, business A T Mlr development, customs brokerage and rmnf 'jK, j marketing, as well as
      377 words
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      28 27 Special fPI "JKL-' See Back Page Strait Talk: Current lACS row focusing on wrong issue Page 2 Paris air show: Airbus grabs USs4.2b in orders 9 Paqv 10
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      744 28 1 TO USA/CANADA 1 1 EXPORT 1 OTHER DESTINATIONS 1 Ivcsa I vot I pro eta sm| long oeachl dauas |houstcx wtMPttS [okago [hewyork TO AUSTRALIA (AUSTRALIA ASIA EXPRESS) (XXINETHERUNDS 24E2S 14/04 20/0* 1 04/07 10/07 11/07 11/07 11/07 14/07 —1 I—* OOQ MfTAJN 43E24 24/04 27/04 I 13/07 17/07
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      716 28 Lines services represented by r'ffrll Members of the Registry of Members of the Accredited Shipping Agents, Singapore Logistics Singapore Shipping Assooohon r r ~*M Association ULY UNI MALI vissb Tvoy Tni Fa eta P. KLANG SPORE MALI Princess Lily VO5Ol 02/07 03/07 11/07 Empress Lily VO6Ol 18/07 19/07 28/07 Princess
      716 words
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      1404 29 TO EUROPE FROM EUROPE vessel vor siw rtm anr haw irv s<mj ieh vessei vor imi iw hw w sou lb< sjw HT ADMIR Ai 333W 21/04 14/07 11/07 12/07 09/07 MOLMAAS S4X 29/05 31/05 02/06 03/06 20/06 MOtTYM 544W 22/06 01/07 10/07 13/07 14/07 Aft MDONESU 0091 03/06 31/05
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      2503 29 TO ADM 1/1t 10 MYS 1 JEDOAN 1/1: 12 DAYS I AQABA 1/1:15 DAYS J GENERAL AGENTS IN SINGAPORE 80 ROIINSON RD #12-00 SAIES/BKGS TEL: *****57/43 FAX: *****21/71 MALAYSIA OFFICE PASIR GUDANG TEL 07-35M166 FAX 07-*****70 COSTAR SNIPPING PTE LTD «"GAPOBI *****8 OUTWARD (»/l) *****02 *****25/7S PORT KLANG 03-*****633 03-*****668
      2,503 words
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      1083 30 SENATOR LINES TO EUftOPt TO MBOUIAST/RAN/RB) SEA VOT aw LfH «TM aim ma nv m m sa Tw I»1niI no I mT~ PUSANSBIATO4 ttltw 1104 0* 0/ 04.07 00.07 10.07 lIJ7 1107 UU OHAOI 0415W ~li»* *0* "oil? 07J7 SIST HAJUNPELUSTOWt 00*7* 72.0* 14.07 15.07 1107 IXO7 1107 U SAOAMA
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      917 30 S'PORE M'SIA I ~l Carrier: CONTR LINES, INC p guoang <07)*****26 I -IV/ Vz_j CM"O«1»0B*****0B SIBU: (064) *****9 MANU_A (632) *****24 PENANG: (04) *****30 BANGKOK: (662) *****57 SURABAYA: (31) *****11 P. KELANG. (03) *****77 JKT: (21) *****45 KUCHfrIG (062) *****1-3 NEW YORK 1 AARHUS MV "DRESDEN EXPRESS "V.63E25 MV "P&O
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      472 30 WEEKLY EXPRESS SAILING SCHEDULE WESTBOWO TO: COLOMBO A NHAVA SHEVA (CFS MULUND. MUMBAI) ALSO ACCEPTING TO AU NORTHERN AND WESTERN CO POBtTS vnsanam Ivor >vpotflcokmmln.smval (ONNKTM6 CONNKTMG va-USA VM-ROOW MAZIUAIIUMBS OOIW 75 JUN 30 JUN 04 JUI MOAMBUJ MOHU GHAMX jm» ws aiwu sooiw 07jm o;jui ii m MOAMUsnn zmnaaiiuk
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      1345 31 I VESSEL VQY KHH HBCO SIN PKL DXB BAB DMM PBHC IRAN TEHRAN PCL-212 19/06 20/06 23/06 24/06 01/07 03/07 OSTOT 07/07 IRAN TABATABAEI PCL-213 26/06 27/06 30/06 01/07 0«/07 09/07 11/07 13/07 IRANKERMAN PCL-214 03/07 04/07 07/07 00/07 15/07 16/07 l«/ 07 20/07 IRAN ISFAHAN PCI-215 10/07 11/07 14/07
      1,345 words
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      424 31 i R^i I Loading for LOK KIRTI RDM/ATW/BMN/UK/LPL LEADER RDM/ATW/BMN/UK/LPL Zl YUN SHAN RDM/ATW/BMN/UK/LPL Loads Singapore. EVW Malaysia. Indonesia Loading for L. CXMfTROVA JOH/AQA PAN QUEEN DBVABU/DOH/BRN/DMM/KWT PEUNOVO DBI/ABU/DOVBRN/DMM/KWT EVERISE GLORY JOH/AQA KOUROS V DBl/ABU/DOH/BRN/DMM/KWT BALAJI VINTAGE JOH/AQA Loads Singapore. E7W. Malaysia. Indonesia I Loading for IDEE FIXE CAM/NFK/NOL EXPLORER
      424 words
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      1311 31 HONGRONG/ SHANGHAI/ XWCAN6/ (MNGOAO H RANGROR/RUP TA PHBT/lAEM QtARANG KS5a VOT SOI HKG ~SHA XGG TAP WSSB VOT mi on ITP I inT~ RAMA IHUM nog no* 02/07 own ***** orw~ 21J& ?7/pt 74/04 "HANWH NOIA 07/07 07/07 10/07 13/07 14/07 W 2S_ JITUHHW MOI7 It/07 14/07 OMIT 70/07 73/07
      1,311 words
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      1143 32 i ASIA MEDITERRANEAN EXPRESS (AME) WESTBOUND SERVICE I VRSII VOY SIM mi SH I LtH I ml AMI MStSQfHIE ***** 26JU11 QLUIi LLUIi IZJUi 19 jui ?o jui MMA ***** QLUiI LUlll l«iui 24 jui M ?7 im 1 MX6IHA QI2ZE ULWI Zliill 21M 31 JUL 02AUG —03 AUG ItttMOA
      1,143 words
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      443 32 INDONESIA NATIONAL LINE TO AUSTRALIA "H FULL CONTAINER SERVICE W _WT m 8N m 1 STB m.mtolm raWAKUBf 40S 8/06 24/04 06/07 01/07 10/07 11/W »ii~m H/07 OJ/B7 of/o/ is/w TT/v "I" »/w wmam ns oht 11/07 n/w n/v v/v »/w »0$ lfc/0717/17 B/07 n/07 31/07 U/00 FEEDER SERVICE TO
      443 words
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      431 33 BSfl x i rniTsWl l sS l 9 l Vsß^^^Br ymm MYANMA pHU FIVE STAR LINE (Myonmar National Line) Loading for Yangon VESSEL VOY SM PKL PIN PGU MONG Uk 45W SU> HPA-AN 209W 24/06 MALAYSIA AGENTS: OOUSTEAD SHIPPING AGENCIES KUL TH 03-*****300 PfL TEL 03-*****101 PEN: TEL 04-*****02 PGU:
      431 words
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      1245 33 HYUNDAI MERCHANT MARINE CO., LTD. |vssa vot a sou |tal m» j |mw I wrv |resa I voy sou lia I rtm I aot ham ■> lin HY COMMODORE 333W 14/06 07/0/ 04/07 07/0/ 05/07 NYRARON 1321 21/05 24/05 23/05 24/05" TIT* *aKTK»mf 001W 15/06 04/07 07/07 01/07 03/07 HYUBTY
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      1005 33 WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERICA "CAR RORO HEAVYUFT SERVICE" ivissa VOY ft IMP HH6HT SIM UC MAO MIA SAV lAL 1 OKf I NYC HfW MOt TARONGA AMI 13 400T«ts 6.3 M 27/06 04/08 07/0S 09/0® 11/0« 12/06 14/OA IS/OS 20/0S TAJKO AMI 14 400T«s 6.3 M 13/07
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      351 34 SASIA EXPRESS LINES SINGAPORE AGENT: JARDINE LINER SUPPORT SERVICES mia swctfott "1 Hsmamm poothumg poiang manaus AOfT ?*/01 2*/06/2001 27/0»/2001 20/04/2001 SM WPUOMOtT 30/07/2001 20/07/2001 >7/07/200) 20/07/2001 SUI MDOOMOfT 30/01/2001 M/00/WOl 27/00/2001 21/00/2001 SW INOOgMPfT 30/00/2001 GUOn W/01 20/00/2001 27/00/2001 21/09/7QQI SUP WDMCHMW 30/10/2001 DIRECT LINK TO AMAZOMAS/ MANAUS, AT.
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      259 34 m V ~j£j http://www.ptp.com.my General tine: 607 504 2222 Z\ i x MUB SHIPPIH6 INDIAN OCEAN ISLANDS/SOUTH AFRICA msa TWU KK mm TGM SM PI MTS REUNION DftN a Pf CT EXPtCS POWEB WT 012 21/06 01/07 04/07 00/07 16/07 22/07 25/07 26/07 27/07 UIVOT#,J IS/01 2S/00 01/00 04/00 OS/00
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      160 34 ttSSE WT ETA PGD MY WT ETA SM OXI mAUSIAIH I loss 0404 01 MOD lIOSN *****1 TUE kuausiam ilots ototoi ~j>i notN 0704.01 thu WUjjjll lioys 070*01 THU ~iwT 00.0401 H8 P*AUSUK» lIOOS W .04.01 SAT 1100* 0404 01 SAT KUAUSIAM I IQtS IQ.O6iH SUM HOW *****1 MON KUALASUKO
      160 words
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      264 34 hflSB EN6 111 SHIPHN6 CO PTE ITD I ItelA M: *****22 (10 Uato) Fax: 5330«31/532t*t4> II T niwww—( VESSEL VOT SM ETA SM ETD DESTINATION UnwS>»?2 07/01 19/06 21/04 Sorataye/B Ponto Gondc3 03/01 19/06 20/06 Suraboyo UmSi>32 07/01 20/06 21/06 Suntoyo Ungul ioyo 06/01 21/06 21/06 FIW/W Unwi Sfcr 3
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      620 35 I VESSEL VOY SIN MAA SIN TIGER BRIDGE 900N 24 25/06 30-03/07 08 09/07 TIGER SPEED 901N 24 24,06 29-0207 07 08/07 TIGER METRO 902N 28-29/06 04-07/07 12 13/07 TIGER RHYTHM 903N 01-02/07 07 10/07 15-16/07 MILDBURG 10N/01 04-05/07 09-12/07 17 18/07 TIGER SPEED 905N 13-16/07 21 22/07 I VESSEL
      620 words
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      1027 35 I FREIGHT LINKS EXPRESS PTE LTD I 51 Penjuru Road, 3rd Level, I Freight Links Express Logisticentre, Singapore *****3 H Tel: *****11 Fax: *****77 E-mail: flesinQsingnet.com.sg I Introducing I VALPARAISO SOUTH AMERICA SANTOS I MANZANILLO fortnightly direct BUENO AIRES I Booking 267# I 4694/5535/5539/5541/5553/5569/5579/5562 I PROJECT SHIPMENT HEAVYUFT CAttQO J
      1,027 words
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      1081 35 tb PDZ LINES oin, <lw j E^^3HEn^EZ3H^EQDE2ZI^^^^K!ZQ^^Q^^^HKZ^O GUOO ***** 22/06 GISWEE 2122S 20/06 GILIAX 2119 23/06 G)UAK 2119 23/06 GISEHG 2'260 22/06 GINA ***** 22/06 GISWEE ***** 27/06 GISWEE ***** 27/06 GIHUAT 2184 25/06 GIStMG ***** 22/06 GIHfNG 2120S 04/07 GKOON ***** 02/07 [GUOO ***** 27/06 SHINUNE 1 2109 26/06
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      125 37 >a^g>Wilfc<aiW^i!^.^^^Wß^^Si^a^''^^BSir*^- 'ftJW^.l3®^PPii^^fejfcteßfe2l '4J,Jfee:;". ;*''^Bßß|H^^^^^l HE* >. >v 7 /:■•>..„-a- -^Ktl^jlsH^H 1 '^sS^^BSKw, Wjs^^/|HV(WMjjMT' Imßk^b6maw U>/50K0%^5|fc^l»ua Iff/ r WB j^^f^sSSSlkjr«{cre//jKZ2^^H HESSEmSShiSBB^M, ni9ViXjFV\f •■PHSsjriHpi 1j K^SSSSSflmwmmfk JMPNHI Whether it s flying fibre optics to new markets or orchids to the Arctic, there's one company displaying the innovation that makes it happen. *With
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      30 38 neujjas as subsidiary of i-Logistics Corp. Logistics Forwarding Company For more information, please contact; Handphone E-mail Kajita Hiroyuki 65-9668 6281 Kajitaonewjas.com Shaifee 65-9768 8488 shaifee6newjas.com Kevin Aeria 65-9791 5269 Kevin©newjas.com
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      88 38 WORLDWIDE A CHF COMPANY We deliver solutions A L lodal Transportation and Logistics Iv EMERY WORLDWIDE The World's Premier Integrated Forwarder Complex supply chains. Special handling requirements. Urgent deadlines. Today's world of global transponation is about customized solutions to unique shipping challenges. Emery Worldwide delivers integrated global logistics solutions for
      88 words
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      57 39 HlllllM Mill MtlUllti I Logistics. Worldwide. With a strong presence on every continent, the Danzas Group is the world's leading provider of logistics mH' solutions. Its 38,000 employees worldwide generate annual net sales of CHF 11.4 billion (EUR 7.1 billion. INTERCONTINFNTA! USD7.S billion). Danzas is based in Basel, Switzerland, and
      57 words
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      44 40 HBk 5 m A' ■w: 1 BHBBBBI^' iWWWPiMlkftfe. nj/f PREMIER J^U? MMNEREIGHT terminal ■M^GFZ4n7ff ■i i &fl IK jMi Ejllj r« >*' B jr*J V SS22 SBBB BBBC SERBS SSBSS 49 J MBMEBBPE? fti A H«1 M ftaK ft pp^Jgj^j— j Bit -ZtZSI to. I
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