The Business Times, 3 July 2001

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Total Pages: 38
1 38 The Business Times
  • 16 1 THE BUSINESS TIMES MITA (P) 107/03/2001 Internet: http://business-times.asial .com.sg/ SINGAPO RE TUESDAY, JULY 3, 2001 85C
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  • 74 1 I □m mum nsr™ |R Wm 4 ST DDEZ FOTTOES 1,709 (-12.00) rismsa idtukes mm mM (-1.50) SKKX1EAIXB? DOJICES Monday Change KLSECOMP 68(25 4.74 NIKKEI 226 12,751.18 -217.87 HAJIOSENO dosed ffiTIRDBX 322.46 -0.10 JA&AXTA COMP 431)4 428 MANILA COMP —1396.79 -1428 TAIPEI WF! 4JBBUH +143 SEOUL COMP 696.74
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  • 76 1 MB BATES us* s$ USS (SSperUSS) L823 £(CSS/SSper£) 1.411 1571 EURO(US$/S$/E) 0.845 L540 DM 1815 L270 YEN 124.6 68.40 R* 1800 2.085 HK$- 7.800 4280 BAFT 45.31 24J6 BUPJAH 11,325 6,214 *S$ to 100 units PSZMB BATES SINGAPORE* 5.80 KUALA LUMPUR 7.67 JAKARIA 39.00 BANGKOK 8JO MANILA 11.00 HONGKONG
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  • 1456 1  -  exclusive They want barriers in services sector removed, tighter intellectual property enforcement From Catherine Ong in New York IN its bid to secure a bilateral free trade agreement (FTA) with the US, Singapore has come under pressure by American businesses and
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  • 739 1  -  Although 'irrevocable', SIC is of the view OUB and OUE shareholders will have final say Byi Conrad Raj [SINGAPORE] The irrevocable undertakings given by some shareholders of Overseas Union Bank for United Overseas Bank's offer are not iron-clad as many believe the stakes can stiU
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  • 915 1  -  Flash estimates also show lower than expected fall for resale HDB flats By Kalpana Rashiwala [SINGAPORE] Private home prices dipped by a surprisingly low 0.5 per cent in the second quarter over the first quarter, latest official flash estimates show.
    Source: URA/HDB  -  915 words
  • Page 1 Advertisements
    • 76 1 xnside TOP STORIES New QFBs may finally lead to a shared ATM network. Pg4 OCBC tops USsl.7b target in subordinated debt offer. Pg 4 SGX trading volume up 21% In June. Pg 7 Investors lose interest In retail stocks. Pg 8 growth fIHXH avenues PBolB available: owe© —ZSkaJ Pg 9
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    • 50 1 More reports, Pg 3 Combined bank: Wee Cho Yaw's stake to be diluted It's money before sentiment for some Hock Lock Siew: DBS would pass acid test by walking away w ROLEX r //f/'f Hi 4 Dtnuios model. 1 (Si t U 'fa I ft' i;< 'A *> w'A' ftii'tx
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    • 32 1 Lobby groups want S'pore to be more transparent, Next Page 11 L I-...JVMM Willas jumps 19.6% I on first day of trading Lee Han Shih: China will be the No 1 subcontractor
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  • NEXT page
    • 659 2  -  He reiterates threat to call snap elections, says his ouster would lead to break-up of Indonesia From Shoeb Kagda in Jakarta WITH just one month to go before his impeachment hearing and continuing defiance of his authority by the national police chief,
      REUTERS  -  659 words
    • ON THE grapevine
      • 129 2 WHILE DBS Group Holdings has made a hostile bid for Overseas Union Bank, there appear to be no hard feelings on the part of the quarry. At last Friday's joint press conference to announce UOB's takeover offer for OUB, a couple of public relations officers from DBS had
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      • 139 2 A CORPORATE customer wanted to pay its Canadian supplier by telegraphic transfer believing it to be the speediest method. It submitted an application to a local bank just after 2pm on a Friday, way before the bank's closing time of 3pm. The customer was told
        139 words
    • 365 2  -  Arrange public hearings, draft clear regulations, they say From* Catherine Ong in New York AMERICAN lobby groups are pressuring US trade negotiators to secure a commitment by Singapore to be more transparent in the regulatory process for all service sectors. Before introducing
      365 words
  • Page 2 Advertisements
    • 187 2 HUBLOT C H 0 ObR m P H that Sensational Fi-t:i.i\(; 11 W S iI \I S, l\ IJ -N I N| WII I I s, U K; MS ■iIMI\!•S ;i I I i S< ;l' si i N- S 1 mi s II 'I i, I s CklM'l II
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  • OUB takeover
    • 597 3  -  But analysts say it'll be tough for potential bidders to wrestle control of the bank from him By Angela Tan UNITED Overseas Bank (UOB) chairman Wee Cho Yaw will see his stake diluted in a combined UOB and Overseas Union Bank (OUB)
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    • 483 3  -  By Siow Li Sen SENTIMENT, yes, but money talks. That seems to sum up how some Overseas Union Bank minority shareholders will be guided if DBS Group makes a higher bid to counter United Overseas Bank's offer. Although they admit to cheering the "underdog"
      483 words
    • 892 3  -  BTrraa lock siew wong wei kong DBS Bank is now widely expected to up its $9.4 billion offer for Overseas Union Bank, topping United Overseas Bank's $10 billion bid. Should DBS just walk away from its bid for OUB? Holders of OUB
      892 words
  • Page 3 Advertisements
    • 196 3 hi ORCHARD HOTEL SINGAPORE H I BBs Orchard Hotel guests can now expect a command performance in the luxurious of their rooms. At the touch of a button on a sleek remote control, the Bose® Lifestyle 9 5 Music System will assail the senses with rich life-like music and deep
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  • SINGAPORE companies
    • 744 4  -  Talks among the existing QFBs, which had reached a deadlock, may get a new lease of life after the two new banks are named By\ Serena Ng THE award of the final two qualifying full bank licences (QFBs) in about
      FILE PHOTOS  -  744 words
    • 309 4 Offer is largest bank debt issue in Asia outside of Japan Dow Jones News wires WITH two tranches of its three-part subordinated debt offering completed, Oversea-Chinese Banking Corp has already exceeded its target of US$l.7 billion. On Friday, OCBC priced Ssl billion
      Dow Jones News wires  -  309 words
    • 234 4 AFP UNITED Overseas Bank's long-term deposit and financial strength rgtings will be reviewed for a possible downgrade following its bid for rival Overseas Union Bank, Moody's Investors Service said yesterday. "The rating action reflects UOB's offer to acquire its smaller rival Overseas Union Bank
      AFP  -  234 words
    • 312 7  -  Profit-taking sets in and stock closes 19.6% higher at 3&5 C; day's most active stock By\ David Boey THE shares of Hongkong-based electronics parts distributor Willas-Array Electronics soared a thumping 43 per cent to 40 cents on its first trading session yesterday
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    • 473 7  -  By] David Boey THE number of shares traded on the Singapore Exchange (SGX) crossed the double-dig-it level in billions in June for the first time since July 2000, based on figures compiled by BT. But although June's turnover of 11.61 billion units
      FILE PHOTO; Compiled by BT  -  473 words
    • 386 7 Reuters SINGAPORE Airlines shares gained 0.79 per cent yesterday ahead of the release of the carrier's traffic data for May despite growing concerns the economic slowdown will hurt its operations. An SIA spokesman had said the May load factor data
      Reuters; AFP  -  386 words
    • 622 8  -  Investors cite poor results and illiquid shares for lack of interest in the counters By\ Rachel Ong RETAIL stocks have all but fallen off the horizon for most investors. And analysts say recent poor results from the biggest listed retailers mean interest is unlikely
      FILE PHOTO  -  622 words
    • 171 8 Millennium Copthorne names chief operating officer MILLENNIUM Copthorne International Ltd (MCIL) has appointed Bill Barnett, former vice-president of operations for Century International Hotels in Hong Kong, as its chief operating officer. Mr Barnett will be based in Singapore and will oversee MCIL's hotel operations in East Asia, including Singapore, Hong
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    • 379 8  -  Unit pays $320,000 for Thai restaurant; plans to open more restaurants By\ Rachel Ong SESDAQ-listed Tung Lok Restaurants said yesterday its wholly owned subsidiary Tung Lok Millennium has acquired Paddyfields Real Thai Food from Jazz Point for $320,000. The purchase will be financed internally and by
      FILE PHOTO  -  379 words
    • 386 8  -  From! Surinder Singh in Sydney AUSTRALIA-LISTED Grand Hotel Group, in which Singapore's Tuan Sing is a major shareholder, is reviewing its options "to maximise security holder value". GHG managing director Garry Cameron said that Merrill Lynch has been asked to look at
      386 words
    • COMPANY Briefs
      • 90 8 w SEMBCORP Engineers Constructors has landed a $38.6 million environment contract for the upcoming Marina Line. The mechanical contract calls for the design, supply, installation, testing and commissioning of the line's environmental control and tunnel ventilation systems. Meanwhile, Deluge Fire Protection Pte Ltd has
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      • 99 8 AFX-Asia AUSSINO is listing its textile product development, distribution and fashion retailing business in China on the Shanghai Stock Exchange. Shenyin Wanguo Securities has been appointed to advise the group on the restructuring of the Chinese subsidiaries prior to the initial public offer. 'The IPO
        AFX-Asia  -  99 words
      • 55 8 AFX-Asia SINGAPORE Telecommunications said its 59.5 per cent subsidiary C2C Pte Ltd has incorporated two wholly-owned subsidiaries, C2C Marine Pte Ltd and C2C Singapore Pte Ltd. C2C Marine will engage in the building and operation of carrier cableships and cable depots for maintenance of submarine cable
        AFX-Asia  -  55 words
      • 72 8 AFX-Asia THE European Commission has cleared the acquisition by Singapore-based Flextronics of Alcatel Business System's mobile handset manufacturing operations at Lavel, in northwest France. The commission said its review has established the existence of a number of very strong competitors both world-wide and in Europe.
        AFX-Asia  -  72 words
  • Page 4 Advertisements
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    • 424 4 HHH| ADVERTISEMENT H With greener efforts, ■mhh BASF is committed to a greener Singapore. yfl BASF strives to protect the environment for future generations. BASF is a transnational chemical One such product is Ecoflex®. This As a member of the Singapore company committed to Singapore's is a new and innovative
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  • Page 5 Advertisements
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  • SINGAPORE markets
    • 327 6 Stocks Volume Willas-Array HK20c 48,355,000 PNE Ind 10c 17,472,000 OUB 15,673,000 Omni Ind 10c 12,765,000 UOB 12,430,000 Tianjin Zhong 10,832,000 Keppel Capital 8,995,000 AirOcean 5c 8,660,000 Frontline 5c 8,406,000 U0LW*****2 7,961,000 Stock* OUB 151,681,910 UOB 137,316,204 DBSGrp 54,284,600 Omni Ind 10c 52,375,582 OCBC 34,426,180 Keppel Capital 31,541,520 SIA 20,289,098 Willas-Array
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    • 617 6  -  I >l i comment STOCKS ven sreenivasan UNCERTAINTY accompanying the unfolding M&A drama in the financial sector gave the market the jitters yesterday, sending the Straits Times Index tumbling as much as 1.3 per cent. In contrast to the frenetic pace of
      617 words
    • 173 6  -  WARRANT WATCH By Ven Sreenivasan ASIA Food Properties (AFP) warrant was among the top percentage gainers yesterday as it added half a cent to 2.5 cents. But just 15,000 units changed hands. Its shares closed unchanged at nine cents on a volume of 1.3
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    • 225 6  -  HOT STOCK By\ Ven Sreenivasan LONG-suffering Singapore Telecom seems to be poised for a recovery in the stock market. Or at least that's what the charts indicate. The stock slipped six cents to $1.84 yesterday on heavy volume of 4.8 million about half the
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    • 541 6  -  I :id comment CURRENCIES 125 yen proves tough nut for US$ to crack; Philippine peso hits 5-month high larry wee THE topside of 125 yen proved a tough barrier for the US dollar to overcome yesterday for the second time in three trading
      Source: Reuters  -  541 words
  • 2912 6 UNIT TRUSTS FUNDS HIHOTFnRmUHHHI Aberdeen Asset Mgt Asia Ltd Aberdeen Select Portfolio: Global MNCFd 0.744 0.782 Global Technology Fd!** 0.655 0.688 UK Blue Chip Fd!** 0.742 0.780 American Opport Fd 0.836 0.878 Cont Euro Eqty Fd! 0.999 1.050 Japan Eqty Fd!** 1.220 1.282 Asian Fixed Income Fd 1.113 1.147 Pacific
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  • Page 7 Advertisements
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  • Page 8 Advertisements
    • 418 8 COURTS (SINGAPORE) LIMITED (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING OF THE MEMBERS OF THE COMPANY NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Members of the Company will be held at 22 Pandan Road Singapore *****4 on 27 July 2001 at 11.15
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    • 234 8 6th August 2001 Holiday Inn Park View 9.00 am 5.00 pm 10th August 2001 Holiday Inn Park View 9.00 am 5.00 pm Conducted By: DR. BO EDVARDSSON DIRECTOR OF SERVICE RESEARCH CENTER, SWEDEN FEES: S$ 490.00 nett per participant (Inclusive of lunch, 2 coffee breaks, training materials and certificate of
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  • SINGAPORE news
    • 669 9  -  Six victims' families seek to show airline is responsible for crash Byl Ling Su Ann [SINGAPORE] A group action against Silk Air over the unexplained crash of Silk Air Flight MIIBS started in the High Court yesterday, three-and-a-half years after
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    • 265 9  -  ■■*****1 the economy money supply By Serena Ng SINGAPORE'S money supply shrank in May after expanding for six consecutive months, preliminary figures from the Monetary Authority of Singapore (MAS) show. The broad aggregates of M 2 and M 3 declined in May from April, while
      Source: MAS  -  265 words
    • 443 9  -  Current cyclical downturn has led to faster restructuring in global configuration of industry By Lynn Lee THE worst is probably not over for the global electronics and IT industries, Minister of State for Communication and Information Technology Lim Swee Say said yesterday. But
      ARTHUR LEE  -  443 words
    • 284 9  -  Byi Grace Ng THE long-awaited move of Mi's CDMA customers to the much-publicised GSM Smart Dualband network is about to happen four months ahead of schedule. Ml said yesterday it will migrate these customers numbering over 50,000
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  • MAIL bag
    • 102 9  -  George Tjia Singapore I REFER to your article "SM to meet Lien: report" (Reuters) (BT, Jun 28). If Chase Manhattan Bank (owned by the Rockefellers) could first merge with Chemical Bank and, finally, with JP Morgan, why should there be any
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    • 99 9  -  Chia Sok Wah Singapore I REFER to your article "Sweeter offer for OUB possible: Dhana" by Siow Li Sen (BT, June 27). Economies of scale equal lower costs? I find that very hard to believe. DBS is far bigger than OUB, but who
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    • 240 9  -  Leu Tong Singapore I REFER to the letter "Share buybacks can add value to shareholders" by Ang HaoYao (Mailbag, June 18). Mr Ang's arguments stand in theory but not necessary so in reality. In a bear market, the share price is not
      240 words
    • 371 9  -  Kelvin Ho Keng Soon Singapore IT is with great personal sadness that I hear of OUB founder Lien Ying Chow breaking down (his wife later clarified he was "upset") on hearing about DBS' bid. I believe a good number of Singaporeans
      371 words
    • 119 9  -  Adrian Bek Yongguang Singapore I REFER to your article "Sweeter offer for OUB possible: Dhana" by Siow Li Sen (BT, June 27). Banks, like any other commercial organisation, have profits in mind. And only profits can boost shareholder value. Size matters but would the gains from
      119 words
    • 142 9  -  Shawque Said Singapore I REFER to your article "Economist sees 5% growth for S'pore" by Chuang Peck Ming (BT, June 23). It seems to tally with my expectation that the Singapore economy will recover by the third or fourth quarter. I do not
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  • Page 9 Advertisements
    • 95 9 We welcome letters. E-mail us at btletter@sph.com.sg or fax us at *****71, or write to: The Business Times, Times House, 390Kim Seng Road, Singapore*****s. We need your full name, address and telephone number, so we can verify it came from you. Please use temperate language, and bear in mind libel
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  • FOCUS property
    • 666 10  -  I I comment PROPERTY Country's opening spells trouble for Jobs, home prices In S'pore lee han shih NOT many people in Singapore realise it, but the opening up of China may prove to be the biggest dampener on the local housing market in
      666 words
    • 268 10 It's just been a month and The Dew is sold out SIM Lian Group's The Dew, a 248-unit executive condominium (EC) at Bukit Batok, has sold out in just one month. The Dew first made news when queues formed four days before its launch on June 2. The project was
      FILE PHOTO  -  268 words
  • Page 10 Advertisements
    • 326 10 Australian Government tenant Comer lot, broad 2 street frontage Part of the "Springs Redevelopment Area" 5 minutes to the city and Burswood Casino Annual rental income $270,000 per annum Tenant pays all outgoings, GST and property management fees Land 1192sqm; Building 1402sqm Very High yield Freehold property, open to foreign
      326 words
    • 424 10 Uu\ V YfY Yf vl Description 3 blocks of warehouse cum 2-storey office Land Area 18,009.5 sq m /193,854 sq ft Gross Floor Area: 7,780 sq m 83,744 sq ft Tenure Lease till 2019 Call: 262 3885 Fax: 262 6928 For Sale by Tender Rarely Available Warehouse in Changi South
      424 words
    • 156 10 FOR SALE BY TENDER PRIME FREEHOLD COMMERCIAL BUILDING IN -r THE FINANCIAL COMMERCIAL HUB OF J\;\ SHENTON WAY RAFFLES PLACE Right in the heart of the Central Business District Walking distance to Raffles Place/Tanjong Pagar MRT stations Convenience of eating and banking establishments nearby Freehold tenure JB| 14-storey office with
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    • 7 10 I Buy It. Sell It. Find It.
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  • Page 11 Advertisements
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  • EDITORIAL & opinion
    • 804 12  -  WktWl bottom line OPINION rajendra bajpai The writer is a New Delhi-based journalist who contributes to BT INDIA'S economic reforms are now 10 years old, but what has the country to show for it? Quite a bit by some yardsticks and not a
      804 words
    • 90 12 'We need reforms because the (Indian) government has no business making cement, computers and condoms and the government is doing all three.' -Smjftßhalla an analyst at Oxus Fund Management. 'Nowadays, people tend to save money for their retirement and seldom purchase things. We don't have any hope
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    • 666 12 EDITORIAL P OR the last three years, Singapore's family-con-trolled local banks have been less than enthusiastic about the notion that size matters. Tilings seem to have changed —all of a sudden —these past few weeks. All five local banks are involved in mergers either as bidders
      666 words
    • 962 12  -  Regional growth cannot be just export-led any more; a 'modernising' shift in economic foundations is vital By Eric Teo The writer is managing director, Savoir Faire Consultants; council secretary, Singapore Institute of International Affairs (SI1A); and director general, Pacific Basin Economic Council of
      AP  -  962 words
    • 903 12  -  COMMENTARY Developing nations ought to take note that deregulation is no panacea By Patrick Smith The writer is a former Bloomberg correspondent in Asia and the author of 'Japan: A Reinterpretation The opinions expressed are his own. [NORFOLK, Connecticut] India struggles on with Enron Corp,
      903 words

  • REGIONAL news
    • 421 13  -  rrr exclusive! Analyst says move shows Mahathir not ready to wind down decision-making body From Eddie Toh in Kuala Lumpur MALAYSIAN Prime Minister Mahathir Mohamad has elevated the former second finance minister to the executive committee of the powerful National Economic Action Council following
      FILE PHOTO  -  421 words
    • MALAYSIA Briefs
      • 136 13 Reuters [KUALA LUMPUR] Malaysia is expected to keep its exchange rate fixed at RM3.B par US dollar at least until the end of the year despite the country's dwindling reserves, a Reuters poll of 10 research houses showed. Falling international reserves and outflows of
        Reuters  -  136 words
      • 67 13 Dow Jones Newswires [KUALA LUMPUR] Foreign investors applied to invest RM5.72 billion (552.7 billion) in Malaysia's key manufacturing sector between January and May, according to data from the Malaysian Industrial Development Authority yesterday. Applications to invest in the sector during the period totaled RM7.96 billion,
        Dow Jones Newswires  -  67 words
      • 52 13 Reuters [KUALA LUMPUR] Malaysia's US$l billion 10-year sovereign bond issue was two times oversubscribed when it launched on overseas markets on Friday, official sources here said yesterday. There was good demand from institutional investors for Malaysian paper, and its 7.5 per cent coupon was attractive, they
        Reuters  -  52 words
      • 68 13 AFP [KUALA LUMPUR] Malaysian national carmaker Proton will launch a multi-purpose vehicle on July 21 as part of efforts to prepare for the 2005 opening of the regional auto market, a report said yesterday. The MPV, which has a capacity of 1.1 litres, is
        AFP  -  68 words
      • 109 13 Bernama [SINGAPORE] Five American parties, among 25 defendants cited in a US$75 million fraud suit brought against them by a trading subsidiary of Malaysia's national oil and gas company Petronas, have discharged their lawyer saying they do not have the money to continue, six
        Bernama  -  109 words
      • 70 13 AP [KUALA LUMPUR] France's Alstom SA is in talks to build trains for a RM2.6 billion (551.24 billion) electric railway project in Malaysia, the New Straits Times reported yesterday. Kristiaan Sobry, Alstom's business development manager for transport, told the paper that his company has
        AP  -  70 words
    • 377 13  -  From Diana Oon Abdullah in Kuala Lumpur MALAYSIA'S trade surplus continued to widen as expected in May, pointing to a slowdown in manufacturing exports later this year. The trade surplus grew by 13.4 per cent year-on-year to RM4.7 billion (552.3 billion) as imports shrank ahead
      377 words
    • 327 13 KUALALUMPUR Govt will assume liabilities under privatisation but will not cover operators' costs AFX-Asia THE government will not compensate the owners of light rail network operators for surrendering their concessions and Prime Minister Mahathir Mohamad is expected to make an announcement on the
      AFX-Asia  -  327 words
    • 306 13 KUALALUMPUR Reuters, Dow Jones Newswires BUMIPUTRA-COMMERCE Bank, Malaysia's second largest bank, yesterday offered a voluntary redundancy plan to its employees following a governmentordered merger of financial institutions. The news coincides with reports yesterday that Bank of America Corp (BAC) is reducing staff at its Malaysian office
      Reuters,; Dow Jones Newswires  -  306 words
    • 266 13 KUALA LUMPUR Dow Jones MALAYSIA'S Employees Provident Fund (EPF) yesterday said it will announce within a month the findings of a study on an annuity plan before deciding if it will take over management of the plan. The plan is currently administered by a consortium
      Dow Jones  -  266 words
    • 590 14 JAKARTA No details provided in announcement made by Indon finance minister Reuters INDONESIAN Finance Minister Rizal Ramli said yesterday the country's largest bank, state-.run Bank Mandiri, would acquire embattled Bank Internasional Indonesia (BII). "Mandiri will acquire 811 because in terms of products, network,
      Reuters; REUTERS  -  590 words
    • 373 14 JAKARTA Bloomberg INDONESIA'S annual inflation rate rose to 12.11 per cent in June from 10.82 per cent in May with a fresh warning of more increases which would push it further from the 2001 state budget target. The upward trend comes
      Bloomberg  -  373 words
    • 386 14 JAKARTA Agency's assets pnt at 167.7t rapi&h at end'oo against 645.8t rnpiah in '99 AFP THE new chief of the Indonesian Bank Restructuring Agency (Ibra) said yesterday the agency's auditors had slapped a disclaimer on the agency's accounts for last year. I Putu Gede Ary
      AFP  -  386 words
    • 358 14 BANGKOK AFP FOUR years after Thailand floated the baht and sailed into a disastrous economic crisis dragging the region with it, the government yesterday insisted it had no plans to peg the currency to the US dollar once
      AFP  -  358 words
    • NOTE Book
      • 71 14 AFP [BANGKOK] A Thai monk yesterday handed over 55 gold bars and US$3OO,OOO to the government, in the latest instalment of his campaign to shore up the kingdom's diminished reserves. Laung Ta Maha Bua has already raised an estimated US$5.3 million and over
        AFP  -  71 words
      • 67 14 Reuters [JAKARTA] The International Monetary Fund said yesterday it would likely send a high-level mission to Jakarta this week, the first move toward ending a six-month deadlock on a US$5 billion loan programme. "We're very hopeful a mission will be authorised to come
        Reuters  -  67 words
      • 67 14 Reuters —mm 1 [MANILA] The Philippines may soon launch a roadshow for a global bond issue of at least US$5OO million, Finance Secretary Jose Camacho said yesterday. Mr Camacho said foreign banks have convinced the government that there is appetite for bonds from emerging markets such
        Reuters  -  67 words
    • ASIA Notes
      • 65 15 AP [NEW DELHI] Buses were stoned, shops were closed in a strike and protesters were injured by police as violence spread yesterday in the southern Tamil Nadu state where authorities jailed former chief minister M Karunanidhi and two federal ministers in an alleged bribery scandal.
        AP  -  65 words
      • 59 15 AFP [HONG KONG] The summer travel pfins of thousands of Hongkongers were facing severe disruption yesterday as talks to avoid industrial action by Cathay Pacific Airways pilots failed to make progress. The pilots have been given until midnight last night to accept new
        AFP  -  59 words
      • 61 15 AFX-Asia in China [BEIJING] China's transportation bottlenecks could offset the short-term benefits for overseas companies of China's impending WTO entry, the Asian Wall Street Journal reported, citing a study by McKinsey Co. The study concluded that foreign companies in China will have to overcome
        AFX-Asia  -  61 words
      • 57 15 AFP [TAIPEI] Taiwan would be willing to hold government-level talks with China to thaw years of deadlock in cross-strait relations, a report said here yesterday. "We welcome dialogue with China-via official channels if the existing semi-official mechanism hits a bottleneck," the China Times quoted
        AFP  -  57 words
      • 75 15 AFP [NEW DELHI] Former Test cricketer Manoj Prabhakar (right) was arrested yesterday for his involvement in a financial scam after spending a month on the run, the Press Trust of India reported. Prabhakar, who was picked up from his New Delhi office, was being taken to
        AFP; REUTERS  -  75 words
      • 99 15 Dow Jones Newswires [BEIJING] Liquidators plan to repay creditors up to 27 per cent of total debts incurred by Gitic Enterprise Development Co, a unit of bankrupt Guangdong International Trust Investment Corp, People's Daily southern edition reports. The outcome is higher than
        Dow Jones Newswires  -  99 words
    • 704 15 MHONGKONG Banks won't be able to finance investments when downturn ends: analysts Bloomberg ASIA has a US$2 trillion problem: bad loans at banks that will keep the region from a sustainable economic rebound. In Thailand, one-fifth of all loans are in default; in Indonesia,
      Bloomberg  -  704 words
    • 325 15 ■HONGKONG AFP, Bloomberg HONG Kong's leading telecommunications firm Pacific Century CyberWorks Ltd is planning to sack some 200 staff working for a loss-mak-ing Internet portal, a report said yesterday. CyberWorks, headed by tycoon Li Ka-shing's son, Richard Li, is expected to announce
      AFP,; Bloomberg  -  325 words
    • 361 15 HONGKONG Dow Jones Newswires THE global equities downturn and increased competition hit Hong Kong's fund management industry in 2000, with assets under management sinking 57 per cent to HK$l.4B triUion (*****.8 billion) from HK53.49 trillion in 1999, the Securities and Futures Commission said.
      Dow Jones Newswires  -  361 words
    • 715 16 HONGKONG Foods seen baying as they expect US nptnrn will revive export-led growth Reuters STOCK markets in Greater China and South Korea are set to be global outperformers over the next six months, with fund managers buying cheap valuations as they bet on
      Reuters; FILE PHOTO  -  715 words
    • 308 16 BOMBAY Reuters THE company that will be India's largest cellular operator, formed through the US$2 billion merger announced last week of the Birla-AT&T-Tata and BPL Communications mobile phone operations, aims to go public by Christmas, a financial daily said yesterday. The Business
      Reuters  -  308 words
    • 486 16 BEIJING ItH buy oil producer from its parent and build pipelines Bloomberg CHINA Petroleum Chemical Corp said it may sell stock worth as much as 12 billion yuan (552.6 billion) in China's biggest local share offering to raise cash to buy
      Bloomberg  -  486 words
  • Page 13 Advertisements
    • 198 13 I ill HlHri w The Internet changes the way companies manage Human Capital. The best people are not just hard to get hold of they're hard to keep. Companies embracing the new age are creating dynamic, flexible people cultures i that help retain their talent. People Soft's new generation of
      198 words

  • Page 14 Advertisements
    • 1791 14 NOTICES To advertise call toll-lree 1800-741 1883 Fax No: 741 1298 In the Matter of The Componiei Ad. Cop. 90 And In the Matter of GOA TRADING A TRANSFER PTE LTD STATUTORY DECLARATION BY DIRECTORS OF COMPANY'S INABILITY TO CONTINUE BUSINESS BY REASON OF ITS UABIUTIES We. CHING YENG KOW
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    • 430 14 JADE PRECISION ENGINEERING PTE LTD NOTICE IS HEREBY GIVEN pursuant lo Section 76( I OKh) of the Companies Act. Cap. 50 (the "Companies Acl that at an Extraordinary General Meeting of the Company held on 4 June 2001, the following special resolution was passed: "SPECIAL RESOLUTION APPROVAL OF FINANCIAL ASSISTANCE
      430 words
    • 160 14 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF KONIG COMPONENTS PTE LTD (In Creditors' Voluntary Liquidation) NOTICE OF RESOLUTION At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at Soldnerstr. 2 ***** Mannheim Germany on the 28*
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  • Page 15 Advertisements
    • 443 15 What do you see? ■p f \'i;/ •^wWKTS^^ i> ifß MM |Ml utilities ML 11 F RM I J Jkfe v I fl Aerospace J j jmW I fJX,* w HrV ij i fl v fl |i. ujfHk^ 7f *v $L JHBh* rannpiH^^^K O ■Bn* 40 i Resources mP2lß|^^b*, >
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  • FINANCE
    • 298 16  -  SGX Derivatives Trading Report ST Index/MSClS'pore Index Daniel Wong Refco Singapore UNITED Overseas Bank led a slide in Singapore stocks yesterday. The benchmark Straits Times Index fell 19.88 points, or 1.2 per cent, to close at 1,706.62, as nine counters rose, 34 fell and nine
      298 words
    • 226 16  -  MSGETOwan Index Daniel Wong Refco Singapore TAIWAN stocks rose yesterday, led by Taiwan Semiconductor Manufacturing. The MSCI Taiwan Stock Index added 1.89 points, or 0.83 per cent, to close at 229.46 points, with a turnover of 403.96 million. There were 12 gainers and 46
      226 words
    • 233 16 Reuters London The yen rose a quarter per cent against the US dollar and twice that against the euro yesterday after a Bank of Japan survey of business sentiment came in better than dealers' worst expectations. The Tankan report confirmed Japan's economy was still very weak. But traders
      Reuters  -  233 words
    • Article, Illustration
      1189 16 IMTERBAMK CROSS RATBS jui2 AS C$ la* E— Ffr >■ MRS Taw Mm W M2$Eifcl» No S$ 8m* Sfr MT$ Bafct Pomi US$ Austria 0.770 4219 OAS 3.947 1177 1966 23.*****302 0.634 6.607 1932 1257 32.465 ***** 0.927 4.094 0.9!5 17.*****.038 0360 0.508 Canada 1299 5.483 0.712 5.129 1529 1153
      1,189 words
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  • e-NEWS
    • 375 17 TOKYO Latest in moves by Japan firms to cut costs, develop Net-connected items Reuters JAPAN'S third largest consumer electronics maker, Sanyo Electric Co Ltd, and the world's biggest liquid crystal display maker, Sharp Corp, yesterday unveiled a broad alliance to jointly develop new Internet-connected
      Reuters  -  375 words
    • e Briefs
      • 64 17 Reuters [PARIS] Netherlands-based high-speed network service provider Equant plans to axe 10,000-13,000 jobs when it merges with France Telecom's Global One corporate telecoms unit, daily Les Echos reported. While the company would not announce a revamp before it has informed employees, Equant is
        Reuters  -  64 words
      • 47 17 Bloomberg [YOKOHAMA] Matsushita Communication Industrial Co president Yasuo Katsura said at a press conference here that he expects industrywide mobile phone shipments of about 400 million units this year, less than the company's earlier estimate of as much as 480 million. —Bloomberg
        Bloomberg  -  47 words
      • 79 17 Reuters [TOKYO] Sony Corp said yesterday it would offer high-speed ADSL (asymmetric digital subscriber line) Internet access services for corporations in the Tokyo area as it aims to expand its presence in Internet-related businesses. ADSL services offer data transmission speeds about 10 times those
        Reuters  -  79 words
    • 213 17 LONDON Bloomberg COMPUTER makers and phone equipment makers are likely to suffer the most if the US slowdown spreads to Europe, as clients cut technology spending by as much as US$l5O billion worldwide over the next three years, a research company said.
      Bloomberg  -  213 words
  • 1932 17 SICOM FUTURES Jul 2 RUBBER (futures dosing as at 5 .30pm) RSS1 CONTRACTUS cents/kg) Close Mm OpM «A WOHin twyi LOW >ili WWHj Mflflii Aug 01 112.00 Sep 01 112.25 250 Oct 01 113.00 Nov 01 114.00 RSS 3 CONTRACT (US cents/kg) VeiMM OpM >|, -IL Monro mqn tow
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  • WORLD news
    • 723 18  -  Bat lack of nasty surprises provokes talk conditions may be bottoming ont From Anthony Rowley in Tokyo CONFIDENCE among Japanese businessmen continues to plunge as the economy slides back towards recession, the Bank of Japan's latest tankan survey of business conditions which
      AP  -  723 words
    • 274 18 MILAN Reuters ITALY'S Fiat yesterday said it would lead a 4.95 billion euro (557.6 billion) bid for agroenergy group Montedison in a hostile and widely expected attempt to seize control of Italy's top private energy company. The move in alliance
      Reuters  -  274 words
    • 479 18 WASHINGTON It suggests string of rate cats is starting to make an impact Bloomberg, Reuters AN index of US manufacturing rose to a seven-month high in June, a sign factories are making progress pulling out of their slump, an industry survey showed.
      Bloomberg,; Reuters  -  479 words
    • 185 18 VIENNA AFP ORGANISATION of Petroleum Exporting Countries (Opec) oil ministers arriving here yesterday for their second extraordinary meeting in a month stuck to their refusal to increase oil production despite an Iraqi threat to extend a one-month suspension of exports. "There is
      AFP  -  185 words
    • WORLD Watch
      • 107 18 Reuters [NEW YORK] Worldwide sales of semiconductors in May sank to U5512.71 billion, a decline of more than 7 per cent from April, according to an industry report. Chipmakers have suffered this year as demand for computers, mobile telephones, and other electronics has fallen.
        Reuters  -  107 words
      • 84 18 Reuters [LONDON] The number of British business failures picked up sharply in the second quarter of this year, with many small firms falling victim to the impact of the foot-and-mouth outbreak on tourism, an independent survey showed yesterday. Business research group Dun Bradstreet said
        Reuters  -  84 words
      • 64 18 AFP [FRANKFURT] Porsche, the German maker of luxury sports cars, could be booted out of the German mid-cap stocks index M-D AX for failing to publish its quarterly earnings by a deadline on Saturday, Deutsche Boerse, operator of the Frankfurt stock exchange, said yesterday.
        AFP  -  64 words
      • 83 18 Bloomberg [LONDON] Primedia Inc, the publisher 0f230 magazines, has agreed to buy Emap pic's US magazines for US$5l5 million. Primedia, controlled by New York-based Kohlberg Kravis Roberts Co, the world's biggest buyout firm, will pay US$5O5 million in cash. The balance will be paid
        Bloomberg  -  83 words
      • 45 18 AFP [FRANKFURT] The German electronics giant Siemens is poised to raise around 1,8 billion euros (Ss2.B billion) from the sale of the plastics machinery and automotive components businesses it acquired with Mannesmann Atecs, the Financial Times said yesterday. —AFP
        AFP  -  45 words
    • 578 20 SEOUL Debt levels of major chaebols again rise to critical levels, says watchdog AFP THE South Korean government yesterday slashed its economic growth forecast for this year as a wave of bad news cast doubt on hopes for the government's reform
      AFP  -  578 words
    • 259 20 SEOUL Bloomberg KOREA is seeking to cut its stake in Chohung Bank to 50 per cent from 80 per cent as part of a plan to make the nation's fourth-largest lender independent. "We're looking at various ways, including a direct stake
      Bloomberg  -  259 words
    • 389 20 SYDNEY They cite low rates, high govt spending, housing rebound AP THE Australian economy is in the early stages of a strong recovery that will reach maturity next year if current trends continue, a series of economic reports said yesterday. "Every pedal
      AP; REUTERS  -  389 words
  • 6112 18 CHINA vol Jul 2 RMS COOP) Anhui Gujing Distill B 12.39 -0.14 288 Beijing Orient Elect B 12.09 -0.23 2091 Bengang Steel Plates B 4.43 -0.05 642 ChangchaiCoB 7.45 -0.22 299 ChengdeDixianTexB 12.01 -0.25 256 China First Pencil B 1.10 -0.03 1101 China Int'l Marine Cont ...28.90 -0.24
    6,112 words
  • Page 18 Advertisements
    • 75 18 Since 1975 our worldwide staff of over "w 275 multi-disciplined professionals A fag including lawyers, chartered accountants. fi? W chartered secretaries and bankers have I k provided confidential and cost effective 9L aEM company formation in all the major low tax areas including >- r Incorporation f.vs 'toni USSjOO The
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    • 28 18 The Bong Kong market was closed yesterday Locate its owner through Classification 821 (Found). Simply call C JLT.S. at 1800-737-1166 for this free service. t Another Classified Service
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    • 8 18 "Now I've got the best of both worlds."
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    • 140 19 I ThinklFS jfaa wh©r© fe To meet the need for more working capital, we provide: ik. V domestic and export financing; S accounts receivable financing; M V^^pßp working capital loans.; letters of credit trust receipts; and Blra^P contract financing. jj If there is a need to buy fixed assets and
      140 words

  • Page 20 Advertisements
    • 228 20 Where to wine, dine and entertain...^@»as«r fiwiass For lunch, you can enjoy our ever popular Japanese culinary flavour while for dinner, you can tuck in to a sumptuous selection of Japanese, Asian and Western dishes, from sashimi to shark's fin soup to drunken chicken to even roast beef sirloin. Lunch:
      228 words
    • 60 20 .r H*_* t t.p J*: 1» "V II > fjKjj DIAN XIN AT THE NEPTUNE Enjoy excellent dian xin served on a trolley for lunch. Lunch: 11:30 am 2:30 pm (Mondays Saturdays) 10:30 am 2:30 pm (Sundays Public Holidays) Reservations: 224 3922 Co»yQu»v f Managed by Mandarin Singapore i 7th
      60 words

  • Page 21 Advertisements
    • 305 21 COMPAQ AND INTEL® ARE ACCELERATING THE NEXT GENERATION OF ENTERPRISE SERVERS BASED ON INTEL'S ITANIUM™ PROCESSOR FAMILY. The transfer of Compaq Alpha technology will enhance the future of the Itanium™ processor and will radically simplify the IT investment decision-making process. This removes any doubt about the industry-leading architecture for the
      305 words

  • BIZ woman
    • 506 22 Britain's 'Curry Queen' Meena Patak says she has several more spicy flavours up her sleeve Reuters [BOMBAY] THE co-owner of British curry giant Patak Spices which helped bring tastes of the Indian subcontinent into Western kitchens says she has more flavours up her sleeve. "This is
      Reuters  -  506 words
  • 2692 22 BONDS AWAERAMTS mi m Wat* rnml Ufky S2-M LMt M fey LnlBnta t«| SUM Cot bo Dkc 1Mb Urn C— tH *m- C—) I— ■■far IH» Nt (Mill Utfc Ma »nrt«|T UN 35 29 ASTIW*****1 34 unch 463 35 32.5 33 34 26.4 1 16 6 1.38 35
    2,692 words
  • Page 22 Advertisements
  • Page 22 Miscellaneous
    • 288 22 CRYPTIC CROSSWORD ACROSS 4 Space in church left for central 1 Turn heating tower in the pub button (5) (8-4) 5 Being nimbler and more easily 8 Snatcher"s fourth price to re- reached (7) lease cross-member (7) 6 Practical joke in cricket side 9 Sour cider pickling medium (7) raw
      288 words

  • Page 23 Advertisements
    • 510 23 SONY® I bought a laptop. But it turns oot to be more than a tool that I bargained for. (makes film makersc. FunctionalitV/^-ars, L fll&lit l /fi:iaiilWmLMM 11 iI j» Mi] m» ww I mmt Kfj9 I .K&V," 1 w HF 1M Br j w %vj,-% I iPlSSl^l /Ti B£^
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  • Page 24 Advertisements
    • 65 24 flM** ft«*. .J 0 z/z?- --C3C---Jgggg. y i :1; Global One and Equant have united. Creating a new global leader in data, IP and e-business. One company with more than 50 years of business-to-business experience. An integrated leader with netu/ork coverage in 220 countries, and local experts in 145 of
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  • 8441 25 SGSMADIBOARP Gr Gr M Mfl 52-Wk Last Vol Day Last Quote Mv Div VM Net Cap Avg low Company Sale W- (1100) High tow Buyer Sehr Cw P/I Swill Price MULTI-INDUSTRY 143 35 cAcmaSOc 41.5 -0.5 450 43 40.5 41.5 42 0.5 19.9 0.6 10.9 72 41 41
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  • KNOWLEDGE economy
    • 930 26  -  Larry Farrell, an entrepreneurial practice guru, tells EUGENE LOW the outfits managers run must return to the basics of enterprise EUGENE LOW Entrepreneurs, insists Larry Farrell, are made, not born. He speaks with some authority. After all, Mr Farrell is the founder of The Farrell Company,
      PHOTOS BY ARTHUR LEE  -  930 words
  • Page 26 Advertisements
    • 566 26 Asia 2001 If Ami Knowledge Management Hm ZZZZxa Asia 2001 I For details, drop in at www.kmasia.coin or email ari(group@singnet.com.sg Get Smart with The Standard Chartered Smart Credit™ A 6-month Subscription of The Business Times tan<^arc Chartered Smart Credit™ o l xm^L Unlimited Golf for 1 Month I x ffo/in
      566 words

  • CAMPUS life
    • 1579 27  -  The Times Good Universities Guide shows it isn't only the famous schools that can satisfy your learning requirements, writes rachel oho RACHEL ONG THE writing is on the wall as The Times has done its 2001 ranking of Britain's institutions of higher learning. No
      1,579 words
    • 640 27  -  I card By Liew Hanqing THE idea of leaving home for college is daunting—and even more so if college is in a faraway country. Before attending CalSO, UC Berkeley's summer student orientation programme, all I'd learned from other people's accounts was that Berkeley was
      AP  -  640 words
  • Page 27 Advertisements
    • 874 27 Campus chat from readers. Send your I This is a chat-link between queries and views to undergradsand parents. So htt P //btbuzz.aslal.com.sg. if you are an undergrad, You can a so fa* us on t mw%\ we'd like to hear from you 733-5271 or e-mail us at what life on
      874 words

  • Page 28 Advertisements
    • 222 28 2 J| u— v\ ■■'\k,. '>:;4v W' c O I 1 'I I !>l< "--***^m^*x **lb4- —~4L.i*jm v mn ■tt rr 1 -f 1 W ||mm a ~.n 11 ■Illllllllll^lllllliill^llllllllllllllll^^lll^lllllllill^H {PERPETUAL THINKING PROCESS} '^|i€« s 's'V-- f;• "m. i. INFINEON CYCLES ivj ;A v. 1> V •.;>'■■' ''X- r <V
      222 words

  • SHIPPING TIMES
    • 284 29 Reuters THE Baltic Dry Index (BDI) dropped five points to 1,386, the Baltic Panamax Index (BPI) shed eight points to 1,427, the Baltic Handymax Index (BHI) fell 42 points to 8,851 and the Baltic Capesize Index (BCI) was down two points to 1,745. TIME-CHARTER: ♦Pantelis A Lemos (built
      Reuters  -  284 words
    • 306 29 SGX '000 Jul 2 5S ¥1 CWT Distribution 0.57 0.02 29 Chuan Hup 0.33 -O.Ol 311 Cosco Investment—0.22 -0.01 299 F reight Links 0.08 unch 115 CB Holdings- _.0.54 -0.03 10 IMC Holdinqs-HK 5.60 unch 0 Jaya Holdings 0.16 unch 205 Keppci Corp 3.52 -0.10 2302 Keppcl FELS
      306 words
    • 772 29  -  Smaller players will be swallowed np by giants in brntal shakeout: Jim Poon By: P T Bangsberg THE world container shipping industry, riding high on a boom last year, is about to be plunged into the depths, a leading expert believes, for the
      FILE PHOTO  -  772 words
    • 235 29 AFP [GOTHENBURG, Sweden] Passengers aboard a ferry plying the Baltic Sea between Sweden and northern Germany were told to head to life boats when a fire broke out in the vessel's engine room, Swedish coast guards said. But, while two
      AFP; AP  -  235 words
    • 162 29 AFX-Asia [TOKYO] DaimlerChrysler AG will step up sales of ship engines in Japan, the Nihon Keizai newspaper cited company sources as saying. MTU Friedrichshafen GmbH, a DaimlerChrysler group firm and Europe's largest manufacturer of diesel ship engines, has set up a Japanese
      AFX-Asia  -  162 words
    • 159 29 [SINGAPORE] A prominent piracy expert argues that maintaining safety in the Straits of Malacca and Singapore demands a collective international effort and the cost of policing piracy should not be borne by the littoral states alone. Dr Vivian Forbes, who has written extensively on piracy,
      159 words
    • 319 29  -  Indonesia will conduct probe and prosecution From Alec Almazan in Manila THE Philippine Coast Guard has turned over to representatives of the Indonesian government seven suspected pirates detained for the hijacking of the Indonesian cargo vessel Inabukwa. The seven suspected pirates, all
      319 words
    • 266 29 Sailing round the world on luxury cruise ship no more costly than staying in old people's home Reuters [LONDON] A British pensioner has decided to sail round the world permanently on a luxury cruise ship because it costs no more than staying
      Reuters  -  266 words
    • PORT Shots
      • 55 29 [SINGAPORE] A Malaysian government plan to create a national port authority has been delayed. It is now tipped for 2002. The controversial proposed Malaysian Ports Commission, mooted in February, has drawn wide criticism from terminal operators, particularly those with significant private, international investors, who fear
        55 words
      • 70 29 [SINGAPORE] Korea's Pusan City is examining the possibility of building a floating sea city to house an airport and harbour, reports say. The proposed facility would be 4km by Ikm and include container facilities. It is being considered due to land pressures. Two potential sites have
        70 words
      • 100 29 [SINGAPORE] The average age of a ferry is 36 years, 2 months, according to Swedish shipping consultants Ship Pax Information. Excluding ferries which have been sent to scrap due to prior accidents and consequential constructive total losses, the figure includes those vessels
        100 words
    • PIRACY in s-e asia
      • 1028 30  -  The straits of Malacca and Singapore are heavily used by international ships so the costs of combatting piracy should not be borne by just the littoral states, says a piracy expert in a new book evelyn Depp*reports EVELYN DUFFY IN dedicating a
        1,028 words
    • 172 30 PAGE Appenship 5 Assets S Austral 6 BSA 7 B'tanq Mas 6 CCNI 7 CMACGM 3 COSCO 3 Colony Log 5 Columbus 6 CSAV 3 Central Ex 6 China Shpg 5 Cougar 7 CWT Globelink 7 Delmas 4 Ojak Lloyd 6 Dongnama 3 ECl 4 ECU Line
      172 words
    • 5619 36 THEBUSINESSTIMES Pa 9 e8 EXPORT TUESDAY, JULY 3,200 ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number To ABU DHABI (AUH) 2004 U. A. Emirates 10/07 22/07 NYK Bulk ALIOTH LEADER 29 65 *****61 14/07 25/07 UASC AL FARAHIDI CW6W 65-*****17 To ADELAIDE (ADL) 2007
      5,619 words
    • SHIPS IN PORT
      • 793 37 Vessel Voy No Berth Arrival Departure Vir Ginia 1424 Itt 02/07/3:40 02/07/18:30 Ctc Dawn 9522 J07 02/07/7:45 03/07/18:00 C Success 07-Feb J09 02/07/7:25 02/07/16:00 Unian 2114 J22 02/07/9:05 05/07/7:30 Winstar 8 054S01 J03 02/07/7:00 02/07/15:00 Chen Yu No 7 Toc26 J05 02/07/8:50 06/07/23:59 Bayswater118 M1159 J02 02/07/8:05 02/07/16:00
        793 words
      • 1996 37 RECEIVING OF EXPORT FCL CONTAINERS AND LCI CARGO Booking/Balance Rstls Ship Voy No Etb/Btr Period From To From ACX DAHLIA 0368 3/23:00 IB 01/1500 01/1659 Jat-00 2A 01/1700 02/0659 02/0900 28 01/1700 02/0659 02/0900 3 02/0700 02/1159 02/W00 4 02/1200 02/1459 02/1700 aci urrus esa i/mo 01/1500 oyim
        1,996 words
      • 196 37 JulyS Thailand: Asalha Bucha Day July 6 Thailand: Buddhist Lent Day August 1 Switzerland: National Day August 9 Singapore: National Day South Africa: National Women's Day August 12 Thailand: HM The Queen's Birthday August 15 South Korea: Liberation Day Switzerland: Assumption Day Spain: Assumption Day Belgium: Assumption Day
        196 words
      • 786 37 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
        786 words
      • 588 37 Carbon 180 Max 993.4 0.S 15.6 0.08 46 0.04 Jun 28 Density Water Residue Ash Aluminium Sediment No above E25 1 0 10 0 0 380 Ave 985.5 0.2 13.8 0.06 20 0.02 Euan 380 Max 990.7 0.7 17.7 0.10 40 0.04 utAri v/y m/m M/x
        588 words
    • AIR & LAND transport
      • 338 38 Amsterdam group's participation will boost efforts to turn KL int'l airport into a regional hub AFP [KUALA LUMPUR] The Netherlands' Schiphol group has confirmed its interest in acquiring a stake in Malaysia Airports Holdings, a report said yesterday. "We can confirm our interest in
        AFP; FILE PHOTO  -  338 words
      • 387 38 AP [NEW YORK] UAL Corp's United Airlines is prepared to drop its planned US$4.3 billion purchase of US Airways, citing regulatory problems and the worsening economy, according to a published report. United told US Airways at a meeting of the UAL board of
        AP; FILE PHOTO  -  387 words
      • 551 38 Bnt minister says bid has to be more than the government's reserve price Reuters [NEW DELHII India said on Saturday that it would proceed with the privatisation of state-owned long haul carrier Air India even if there was only
        Reuters  -  551 words
      • 333 38 Purchases are for both long-hanl and domestic routes Bloomberg [SHANGHAI] China's Civil Aviation Administration, which controls the country's three biggest airlines, plans to buy more than 400 planes in the next five years as demand for passenger and freight
        Bloomberg  -  333 words
      • 231 38 Bloomberg [ROME] Alitalia SpA, Italy's national air carrier, expects to sign a letter of intent with Air France SA and Delta Air Lines Inc to form a commercial alliance by July 15, union leader Guido Moretti said, citing chief executive Francesco Mengozzi. The
        Bloomberg  -  231 words
      • 1812 38 CITV FLIGHT ETA FLIGHT ETD AthJ DhaDi MP9171 0655 mm anu» 2230 LH6380 2230 S0229 2230 AmsttftfM S023 0635 GA974 0130 MP9171 0655 K1838 2255 K1837 M55 S024 2335 Antananarivo M0I2 0645 Athens SO 347 0610 S0348 2255 Auckland IH6987 1900 N242B5 2045 N223 1900 S0285
        1,812 words
  • Page 29 Advertisements

  • Page 30 Advertisements
    • 559 30 I IMPORT ~l NORTH AMERICA ~|!~ll GULF/INDIA SUB-CONTINENT SUPER SHUTTLE EXPRESS (SSX) .mmm— IOULF KARACHI EXPRESS (QKX) 1 VtSSII VOY JOB SM PRC VISSII I VOT JIA 1 DMN I BMP 00a AMERICA 52W23 13/06 01/07 03/07 NIO CLARENCE 021 27/0* 2S/M 30/0* 01/07 OOCI CALIFORNIA 54W24 20/06 01/07 10/07
      559 words
    • 741 30 Lines services represented by Members of the Registry of Members of the VM&SMy) Accredited Shipping Agents, Sin 9 a P° re Lo 9 is ics *Jy Singapore Shipping Association Association ULY UNE MALE VESSEL VOY lIS Tl» ETA P. KLANG SPORE MALE Princess Lily VO5Ol 04/07 05/07 12/07 Empress Lily
      741 words

  • Page 31 Advertisements
    • 1259 31 TO USA (SAX SERVICE) VESSEL VOY SIN ETA LAX OAK DAL HOU CHI COL MEM ATI NYC APL PEARL IO2E 04/07 19/07 24/07 24/07 24/07 24/07 24/07 24/07 26/07 26/07 API SCOTLAND 101E 11/07 26/07 26/07 31/07 31/07 31/07 31/07 31/07 02/0S 02/08 APICYPRINE 103E 18/07 02/08 07/08 07/08 07/08
      1,259 words
    • 2404 31 TO ADEN T/T: 10 DAYS JEDDAH T/T sl2 DAYS W AQABA T/T: 15 DAYS GENERAL AGENTS IN SINGAPORE: 80 ROBINSON RO #12-00 SAUS/WGS TEL- *****57/43 FAX: *****21/71 MAUYSIA OFFICE PASIR GUDANG TEL: 07-*****66 FAX: 07-*****70 fOCTAB SHIPPING PTE LTD SINGAPORE *****8 OUTWARD (B/l) *****02 *****25/7S PORT KLANG 03-*****633 03-*****668 ii
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  • Page 32 Advertisements
    • 1350 32 SENATOR LINES TO EUROPE TO MKXXJE EAST/IRAN/RH) SEA Vtssa VOY SIW LIH HTM IK HW W IU VlSStl VOT SIN W PXI J» MB YOKOHAMA SBMTOR 0016 V* 0107 20.07 72.07 23.07 24.07 25.07 2107 ASIK 00ISW 07.07 14.07 17.07 21.07 22.07 HANJIN WW YORK OII2W 06.07 2107 29.07 26.07
      1,350 words
    • 957 32 AM MAC-HELS S'PORE M'SIA Carriar MM COhih LINES, ING p. quoanq: (07) *****26 l-IV/J O"NOi1MO07MOOM S®U: (064) *****9 MANILA: (632) *****24 PENANQ: (04) *****36 BANGKOK: (062) *****57 SURABAYA: (31) *****11 P. KELANQ: (03) *****77 JKT: (21)*****46 KUOHNG (062) *****1-3 ADELAIDE 1 AARHUS MV "OOCL ACE "V.019 00CL FRANCE V.Ol W26
      957 words
    • 506 32 WEEKLY EXPRESS SAILING SCHEDULE WESTBOUND TO: COLOMBO NHAVA SHEVA (CFS MULUND. MUMBAI) ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICO POINTS VESSEL NADU VOY |$'PORE|COIOMU|N. SHEVA I CONNKTMG I CONNECTING VSt-llS* VSI-EWOPE UHMMAN UPHESS 001* 09 M MM IllUt INDAMEX MED KEEtUHO Mississippi vi m m KOTA PfSKASA YPKIO3 16
      506 words

  • Page 33 Advertisements
    • 1406 33 [VESSEL VOY KHH HKO SN I PKL PXE BAB DMM BWC IRAN KERMAN PCL-214 03/07 04/07 07/07 08/07 15/07 16/07 18/07 20/07 IRAN ISFAHAN PCL-215 10/07 11/07 14/07 15/07 22/07 23/07 25/07 27/07 IRAN HORMOZGAN PCL-216 17/07 18/07 21/07 22/07 29/07 30/07 01/08 03/08 IRAN TEHRAN PCL-217 24/07 25/07 28/07
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    • 364 33 I Loading for LEADER RDM/ATW/BMN/UK/LPL Zl YUN SHAN RDM/ATW/BMNAJK/LPL Loads Singapore, E7W. Malaysia. Indonesia Loading for KOUROS V DBVABU/DOH/BRN/DMM/KWT BALAJI VINTAGE JDH/AQA RAINIER DBI/ABU/DOH/BRN/DMM/KWT PISCES EXPLORER JDH/AQA/DMT AEGEAN SEA DBI/ABU/DOH/BRN/DMM/KWT •Loads Singapore. EVW. Malaysia, Indonesia I Loading for BEATANAVIS CAM/NFK/SAV/NOL GEM OF TLTPCORIN MZIVLAX/VLW/VCB 'Loads E7W. Malaysia, Indonesia IS'pore Loading
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    • 1415 33 HOMHTOH6/ SHAHOHAI/ IfftGAftG/ QIH6DAO IftlMHtPff/lftAP Tft PHtfT/lAtff VESSEL I VOY I SIN I HKG I SHA I XGG I TAO VOY SIN IKK MTP I6T~ mm* Nsii m m m m ml. SIS' —Sf—K—mn—IMZ"MA'HUM NOl7 16/07 21/07 24/M_JZ/07 ML. NaMuM 555N 07W U707 ioToT" ifflAtmiM hoi? ?3/07 a/07 31/07 _03/0»_
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  • Page 34 Advertisements
    • 1270 34 EUROPE/UK/SCANDINAVIA EXPORT VBSa/VOYAGE ~SgT" MM HBG IV I TOP ZH LHV CONGO 0945RWCPI 09/07 27/07 28/07 30/07 01/08 02/06 lIUNIY 0103Q18W 15/07 OMB OtyOß 05/08 E OBJJXE 0946RW021 IVO7 03/0T 04/08 06/08 CM/08 09/08 IJUSOOIMARE *****090 22/07 09/D8 11/061 12/08 j EAST AND WEST MEDITERRANEAN/BLACK SEA EXPORT VESSEL/VOYAGE SGP GIO
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    • 570 34 UpLffyf SINGAPORE PTE LTD 15 McCallum Street #03-01/02 Natwest Centre Singapore *****5 Tel: (65) *****73 Fax: (65) *****66 Email: general@ecusin.eculine.net Website: http://www.eculine.net lohore Bahru Office Tel: (07) *****18 Fax: (07) *****62 DIRECT SERVICE TO BASEL/ZURICH (SWITZERLAND) Also accepting inland ports BERN GENEVA For Bookings Call 6 *****73 TASMAN ORIENT NEW
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    • 556 34 INDONESIA NATIONAL LINE TO AUSTRALIA H FULL CONTAINER SERVICE va me sw WI m STP m HM uh |mt nmiMM 11$ OMR M/ 07 24/07 26/07 28/07 31/07 NwStt ioT 16/07 17/07 23/07 29/07 31/07 03/0# WNDMBAH 41S Q/07 24/07 03/0105/0S 07/00 10/00 *11VWT 40S 30/07 31/07 06/06 12/00 14/01
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  • Page 35 Advertisements
    • 438 35 I VEf*n=!fs!rfT l eKVe9 l fPSß 9^^v M MYANMA pBHk FIVE STAR LINE (Myanmar National Line) Loading for Yangon VESSEL VOY SIN PKL PEN PGU MONG LA 45W SU> HPA-AN 289W SU> MALAYSIA AGENTS: BOUSTEAD SHIPPING AGENCIES KUL HI 03-*****300 PKL TEL 03-*****101 PIN: TEI 04-*****02 PGth la 07-*****21/4 BANK
      438 words
    • 1209 35 HYUNDAI MERCHANT MARINE CO., LTD. [VESSa VOY 588 I SOU I IB! I HTM I ANT I HAM I BRV [VESSa I VOY 1 SOU I LEH I RTM I ANT I HAM I BRV |SM HY EMPEROR 336W 05/07 23/07 25/07 28/07 26/07 JVO6 16/06 10/06 12/06 04/07 MOLMAA3
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    • 990 35 vOto WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERICA "CAR RORO HEAVYUFT SERVICE" Ivissa VOY KAMf HEIGHT SIN I LK* 1 MAO MIA SAY »Ai ORf HYC NEW MOB TAMO AHII4 400Toas 6.3 M 13/07 18/08 21/08 23/08 25/08 26/08 28/08 01/09 03/09 TOURCOMG AHIIS 4001 ms 6.3 M 29/07 03/09
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  • Page 37 Miscellaneous
    • 123 37 legeno teimd by M«H S^ K Thunderstorm Showc rc -s p a n Temperature C.~, Wind direction and speed in knots Weather Cloudy Day c><) Hazy Sea Conditions Wind speed symbols Slight < 1 2m O Full circle wto line indicates calm or light and variable winds c n H
      123 words

  • Page 38 Advertisements
    • 187 38 ASIA WESTBOUND RATE AGREEMENT (AWRA) MEDITERRANEAN RATE AGREEMENT (MRA) ASIA/GULF OF ADEN AND RED SEA PORTS (GARS) RATE RESTORATION ON 1 AUGUST 2001 On 27 October 2000, the Members of the AWRA issued a press announcement advising customers of their Business Plan for 2001. At a recent meeting, the Member
      187 words