The Business Times, 6 July 2001

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Microfilm: NL23039
Total Pages: 38
1 38 The Business Times
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  • Title Section
    Lock icon Masthead
    15 1 THE BUSINESS TIMES MITA (P) 107/03/2001 internet: http://business-times.asial .com.sg/ SINGAPORE FRIDAY. JULY 6. 2001 85c
    15 words
  • Article
    Lock icon CPF members can vote on bank takeover deals
    794 1  -  -ilexclusive Bnt onus is on them to instinct agent banks in writing By 1 Siow Li Sen, Serena Ng [SINGAPORE] With minority shareholders likely to be a key factor in the takeover battle for Overseas Union Bank, questions have surfaced as to
    794 words
  • Article, Illustration
    Lock icon Mergers could free up space of up to 760,000 sq ft
    560 1  -  Double whammy of excess space and growth downturn Byi Andrea Tan [SINGAPORE] Singapore's banking consolidation could free up a staggering 300,000 to 760,000 sq ft of prime office space in the central business district (CBD) if the current takeover
    FILE PHOTO  -  560 words
  • Article
    Lock icon MARKET SUMMARY
    79 1 sn U8&02 (-5.69) BT-SRI 647.28 (-2.00) ST DTOEX FOTTOES 1,684 (unch) SIMSCI FUTURES aoiao (+0.50) STOCK MABKET INDICES Thursday Change KLSE COMP 617.14 +19.00 NIKKEI 225 -21.72 HANG SENG *****.48 -208.06 SET INDEX 324.88 -1.55 JAKARTA COMP 431.01 +2.00 MANILA COMP _1,402.23 +1614 TAIPEI WPI 4,***** -29.96 SEOUL
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  • Article
    Lock icon FINANCE
    80 1 FOREX SATES IJS8 s$ OSS (SS per USS) 1.826 £(l'SS/SS per 1.404 1663 EURO(l'SS/SS/E) 0.842 1.536 DM 2.324 1173 YEN 126.4 68.70 RM 3.800 2.082 HKS 7.800 4.273 BAHT 45.44 24.89 RUPIAH 11,360 6123 *SS to 100 units PRIME SATES SINGAPORE* 5.80 KUALA LUMPUR 7.67 -JAKARTA .39.00 BANGKOK 9.50
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  • Article, Illustration
    Lock icon Creative shares soar on talk of IBM eyeing a stake
    525 1  -  But analysts dismiss speculation, saying no compelling reason By. Andrew Wee [SINGAPORE] Creative Technology provided one of the few speculative sparkles in a ho-hum stock market yesterday swinging through a hefty $1.20 trading range on market talk thait IBM is
    Source: Bloomberg  -  525 words
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      67 1 dtstoe Top Stories DBS will have smaller govt link if it wins OUB. Next Page East Kalimantan govt set to wage legal battle. Next Page HK's Furama to be torn down: report. Pg 8 Mainly low-end condos in upcoming launches. Pg 9 Take-up for new property launches in H1 falls
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      40 1 Executive Lifestyle Govt Unlikely Mixing latte letters to use off budget measures v 4v > just yet Let s play, W!?o wants to Like w j over a bank Jaime Ee, Page 2 NBXt PagB Emotion often replaces logic in short-selling
      40 words
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      84 1 UOBontlinm undertakings it received, Pg 4 UOB nmw corporate finance chief, Pg 4 H. ■fVf t> i^HIK RRVH| fl H I I jml If frj "w m.*i&"J9 A*J *L* -•<■*£ i *>■!/> H vn^SPra& BEIJING DUBAI FRANKFURT LONDON SEOUL SINGAPORE TAIPEI TOKYO ASPIAL Bugis Junction Citytink Mall IMM Junction 8
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  • NEXT page
    • Article
      Lock icon Off-Budget moves unlikely for now: economists
      755 2  -  Technical recession likely in Q2, but things not as bad as in 1998 By. Eugene Low [SINGAPORE] Although Singapore is likely to have slipped into a technical recession in the second quarter, the government is not expected to use off-Budget measures to give the
      755 words
    • Article
      Lock icon E Kalimantan govt set to wage legal battle
      893 2  -  This follows filing of rhnrgftfl apinrt rnal miiiA operator for failing to divest a majority stake From Shoeb Kagda in Jakarta A LEGAL battle is brewing between the provincial government of East Kalimantan and PT Kaltim Prima Coal (KPC) over the control
      893 words
    • ON THE grapevine
      • Article
        Lock icon Take a hike, PGA told
        165 2 WE all know that professional golfers require physical and mental discipline, keen hand-eye co-ordination and fine motor skills. But what about walking? Is it essential to the game? According to the US Professional Golfers Association (PGA), the answer is "yes" in the case of competitive
        165 words
      • Article
        Lock icon Caborn trips up again
        145 2 AP BRITAIN'S new sports minister Richard Caborn, who has been embarrassed by his general lack of sports knowledge since taking the job last month, showed up at Wimbledon and admitted he doesn't like tennis. "I'm not keen on tennis," he said on Tuesday during a visit.
        AP  -  145 words
    • Article
      Lock icon DBS will have smaller govt link if it wins OUB
      640 2  -  Its future bids likely to involve shares, thus diluting govt stake to 20% or less By Wong Wei Kong [SINGAPORE] While some market players still think the Singapore government was behind DBS Group's bid for Overseas Union Bank, others point
      640 words
    • Article, Illustration
      Lock icon Qantas still seeks to be key investor in Air New Zealand
      398 2  -  Its CEO sees scope for 2 independently managed, locally based firms By\ Donald Urquhart [SINGAPORE] The hiatus in the battle for Air New Zealand has been interrupted with Qantas Airways' phief executive declaring that his airline is still seeking
      REUTERS  -  398 words
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      117 2 "V x a «J| f%; I fe^^L ,5* |g^S^B Pp K j|f*|j f■ H mmmgm 4 s H i Beet Chef of the Year Award I f f§ World Gourmet Svnmt 2001 <■ I Singapore j|fggl( The h point of a good meal is what I•* J»i|| goes into it.
      117 words
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      18 2 CSFB expects 'horrendous' trade performance in Q3, Pg 9 Regional autonomy keeps governors on their toes, Pg 10
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      182 3 www.tagheuer.com k %Jtw ,Jm .jf~ J jj JK. (bsi 1 .-A. jk m **fp m H^Mk BEYOND MEASURE /M^M»* WITH THE PASSAGE OF TIME, THE LEGEND GROWS STRONGER Jj m w? gj& ¥yf mtp> Favourite watch of legendary race car driver Jo Siffert, the Monaco Automatic Chronograph was also worn
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  • SINGAPORE companies
    • Article
      Lock icon UOB outlines undertakings it received
      391 4  -  Though 'irrevocable' notwithstanding other offers, they don't hold nnder some conditions Byi Conrad Raj UNlTED'Overseas Bank yesterday outlined the undertakings it has received for its offer for Overseas Union Bank. UOB said OUB founder Lien Ying Chow and OUB associate Overseas Union Enterprise (OUE) had
      391 words
    • Article
      Lock icon Emotion often replaces logic in short-selling
      726 4  -  H lock siew r sivanithy WHEN it comes to the subject of shortselling, logic is often replaced by emotion. This seems to be the result of a deeply ingrained view that rising prices are good while falling prices are bad. Because of this, rules
      726 words
    • Article
      Lock icon UOB Asia names corp finance chief
      270 4  -  By\ Ling Su Ann UOB Asia, the investment banking arm of United Overseas Bank, has appointed Leslie Koh to head its restructured corporate finance unit. Mr Koh was formerly with BNP Paribas Peregrine, where his last job was associate director. He joined UOB Asia
      270 words
    • Article
      Lock icon DBS: no interest in Taiwan's Far Eastern Int'l
      465 8 Jackson Tai's remarks contradict comments by Taiwan bank's chairman DBS Bank denied yesterday any interest in Taiwan's Far Eastern International Bank (FEIB), despite persistent reports from Taiwan and comments by FEIB officials. Dismissing the reports, DBS president Jackson Tai told Reuters: "DBS'
      465 words
    • Article
      Lock icon Outlook remains strong, stresses Datacraft
      340 8  -  It says that unlike its parent, it's not facing a margin drop By David Boey DATACRAFT Asia yesterday stressed "its strong earnings outlook", despite its South Africa-based parent Dimension Data Group warning recently of lower operating margins in some countries. Shares of Datacraft, a mainboard-listed
      340 words
    • COMPANY Briefs
      • Article
        Lock icon Easyknit cancels placement
        78 8 AFX-ASIA EASYKNIT International has cancelled its proposed top-up placement announced on June 5 because conditions to the placing agreement have not been satisfied. Under the original deal, Easyknit was to have placed 147.1 million new shares to controlling stakeholder Magical Profits at 23 HK cents apiece, to
        AFX-ASIA  -  78 words
      • Article
        Lock icon Sim Lian clinches Bukit Batok site
        47 8 THE Housing Development Board has awarded two 99-year leasehold private residential sites at Bukit Batok and Woodlands—to the highest bidders, Sim Lian Group and Far East Organization. The two last week bid $78.4 million and $88.9 million respectively for the plots.
        47 words
      • Article
        Lock icon L&M a going concern: directors
        50 8 L&M Group said yesterday its directors believe there are reasonable grounds for the group and its subsidiaries to continue as a going concern, as its creditor bank remains supportive. It also said it is exploring ways to raise capital, including the disposal of non-core assets.
        50 words
      • Article
        Lock icon Ho Wah Genting asks for suspension
        61 8 Dow Jones Newswires HO Wah Genting International yesterday requested a trading suspension today pending an announcement. The stock was last traded at 20.5 cents on Wednesday. Separately, Ming Wah Universal Bermuda said its shares will be delisted from the mainboard today. The company has
        Dow Jones Newswires  -  61 words
    • Article
      Lock icon HK's Furama to be torn down: report
      325 8  -  From, Audrey Tan in Hong Kong HONG Kong's waterfront landmark, Furama Hotel, is said to be closing by the end of this year, as its owners Capita Land, American International Group (AIG) and Lai Sun Development prepare to demolish the 27-year-old hotel to
      325 words
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      64 4 ■r r F ta^^^^H^^^^H|iil^^^^P^B l jHp^ '<-3Mk j- £w iti m B. *dl I *v*' K I >■ v ifl v v^" v ~4|j^| -o!o^^>^ ■k fl IMHH /Ji IP J ..■fwiAVS'i s IHiHHK?^ 7 Sp**| > 'SBk#/ --!i§ Sfci'v 1 iiWHP^t^^wlt^fiigiaii^^lr^' End of Season Sale Now on till 22nd
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      175 4 (Incorporated in the Republic of Singapore) NOTICE REDEMPTION OF REDEEMABLE CUMULATIVE PREFERENCE SHARES ("RCPS") OF US$O.Ol EACH IN THE CAPITAL OF THE COMPANY AT U551.***** FOR EACH RCPS Notice is hereby given that 87,983,441 RCPS are due to be redeemed on 24 July 2001 by the Company at U551.***** for
      175 words
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      62 5 of the Keppel Capital Imaill our subscribers for making I StIPIKI ®ililS i^fe*-.t J iiSl I t i >' ;/i ':-r;* Ste*C !-^Sil'.:* '.~*T Exclusively distributed by A Business Unit of Keppel Tat Lee Bank ■fe »Vx~X- 'I v U > S ?y -v.. V^fs£.Kf"' yV r ;'*>\* •including preliminary
      62 words
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  • SINGAPORE markets
    • Article
      Lock icon Untitled
      325 6 Stocta Votara MMI Hldgs 10c 15,616,000 Fischer 15c 15,200,000 Keppel Cap W*****0 13,564,000 PNEIndlOc 12,103,000 Autron 10,369,000 Tlanjin Zhong 9,503,000 Keppel Capital 9,202,000 People's Food HGK 50c 8,418,000 Lankom US2c 8,258,000 OngAsIa 10c 7,953,000 Stock* Datacraft 10c 36,648,099 Keppel Capital 31,775,180 OUB 28,678,263 DBSGrp 25,526,096 UOB 23,954,200 Keppel Cap W*****0
      325 words
    • Article, Illustration
      Lock icon KeppelCap wrt: further retreat seen
      180 6  -  WARRANT WATCH By R Sivanithy WHEN OCBC made its takeover bid for Keppel Capital, the latter's warrants exploded, hitting a high of $1.46 last week. Supporting both the shares and the warrants were hopes of counter-bids from the other banks, principally UOB or DBS. Both
      180 words
    • Article, Illustration
      Lock icon United Food may trend sideways
      231 6  -  HOT STOCK By Ven Sreenivasan THE stock of China-based meat-process-ing company United Food Holdings has been a regular on the actives list recently. It gained one cent to 57.5 cents yesterday as 5.9 million shares changed hands. After hitting a record 62 cents last week,
      231 words
    • Article, Illustration
      Lock icon Rotational plays fail to dispel fears of a bear trap
      626 6  -  J i comment STOCKS r. sivanithy IS the local stock market caught in a "bear trap"? Or is it merely building a base for its next rally? That depends on whom you listen to. One trading website, for instance, says
      626 words
    • Article, Illustration
      Lock icon US$ mounts assault on key 125-125.5 yen barrier
      521 6  -  hi i comment CURRENCIES Greenback also hits year's high of 551.8265 and 7 month peak against euro larry wee THE greenback stamped its supremacy with unmistakable authority in Asia yesterday, hitting a three-month high of 125.5 Japanese yen, the year's high of
      Source: Reuters  -  521 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    2883 6 UNIT TRUSTS FUNDS Aberdeen Asset Mgt Asia Ltd Aberdeen Select Portfolio: Global MNCFd 0.737 0.774 Global Technology Fd!** 0.652 0.685 UK Blue Chip Fd!** 0.743 0.781 American Opport Fd 0.835 0.877 Cont Euro Eqty Fd!** 1.005 1.056 Japan EqtyFd!** 1.201 1.262 Asian Fixed Income Fd 1.114 1.148 Pacific Equity Fd!**
    2,883 words
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      225 7 *f t 4 fii > --v < -.y i <*<>&■ *y >• *-v *~*!*> <>V 4fc <® A ,r--.r*%& J<\ v> j£** V* •<• ,> '<- <• **> llHHBBHBMfcji^^^^»* *-a a "v < f% £~fS r*\i ;*fe > 2&£ *V. v f >.'k 3. Vr- '-U-s -v >-: :r >
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      990 8 To advertise call toll-tree 1800-741 1883 Fax No: 741 1298 To: ALL HOLDERS OF WARRANTS OF ALLIANCE TECHNOLOGY AND DEVELOPMENT LIMITED This is an important notice which requires your immediate attention. Holders of Warrants Warrantholders") who are in donbt as to the action they should take should consult their stockbrokers,
      990 words
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      99 8 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF CONCURRENT COMPUTER FAR EAST PTE LTD (In Liquidation) NOTICE OF MEMBERS VOLUNTARY LIQUIDATION NOTICE IS HEREBY GIVEN THAT at an Extraordinary General Meeting of Members of the abovenamed company held on 2 July 2001 it was
      99 words
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      109 8 THE COMPANIES ACT, CAP. 50 FLORIDA ENGINEERING (S) PTE LTD Company No. *****2302H (In Members' Voluntary Liquidation) FINAL MEETING NOTICE IS HEREBY GIVEN that the Final Meeting of the Members of the abovenamed Company will be held at 18 Kranji Road, Singapore *****1 on the 6th day of August 2001,
      109 words
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      1270 8 THE COMPANIES ACT CHAPTER 50 Section 290(2)|b) NOTICE OF RESOLUTION NIPPON HUME INTERNATIONAL PTE. LTD. (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of NIPPON HUME INTERNATIONAL PTE. LTD. held ot 3311, 5-CKome, Shinbashi, Minato-ku, Tokyo, Japan on the 30th day of June 2001, the following special resolutions were
      1,270 words
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      802 8 IN THE MATTER OF THE COMPANIES ACT CAP. SO [(Section 290(2)(b)) AND IN THE MATTER OF CRI/CRITERION MANUFACTURING SINGAPORE PTE LTD (In Members' Voluntary liquidation) NOTICE OF RESOLUTIONS Al on Extraordinary General Meeting of the Company hold at Tiong Bahru Office 007-03/ 04/05 Control Piaxa Singapore on the 29th day
      802 words
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      845 8 CYANAMID (SINGAPORE) PRIVATE LIMITED NOTICE OF SPECIAL RESOLUTIONS NOTICE IS HEREBY GIVEN THAT AT AN EXTRAORDINARY GENERAL MEETING OF THE COMPANY DEEMED TO HAVE BEEN HELD PURSUANT TO SECTION 179(6) OF THE COMPANIES ACT (CAP 90) AT 7 TEMASEK BOULEVARD *35-01 SI NTEC TOWER ONE SINGAPORE *****7 ON THE 29TH
      845 words
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      307 8 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 (1994 Edition) AND IN THE MATTER OF H I H ASIA PRIVATE LIMITED (Incorporated in the Republic of Singapore) NOTICE OF CREDITORS MEETING PURSUANT TO SECTION 296 OF THE COMPANIES ACT, CAP. 50 (1994 EDITION) NOTICE IS HEREBY GIVEN that pursuant
      307 words
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  • SINGAPORE news
    • Article
      Lock icon Mainly low-end condos in upcoming launches
      632 9  -  PROPERTY FOCUS Pre-Ghost Month offerings ride on interest in ECs By Kalpana Rashiwala LOW-PRICED housing projects are slated to dominate property launches from now until the Hungry Ghost Month begins on Aug 19, after which is a period when most Chinese people avoid buying
      632 words
    • Article
      Lock icon Take-up for new properly launches in H1 falls to 40%
      310 9  -  By Vince Chong DESPITE recent activity in the suburban and executive condominium (EC) markets, the average take-up rate for new launches in the first half of this year declined to 40 per cent, says property consultancy Chesterton International. This compares
      310 words
    • Article
      Lock icon Pilot could have stabilised jet, court told
      307 9 BBIAP (WASH AFP THE pilot of a Silk Air plane that crashed in 1997 killing all 104 people aboard could have quickly stabilised the plane from its steep fall, the Singapore High Court was told yesterday. John Laming, an Australian pilot and flight
      AFP  -  307 words
    • Article
      Lock icon CSFB expects 'horrendous' trade performance in 3rd qtr
      402 9  -  ETC on the economy liyi Anna Teo GOING by recent trends in US electronics orders, Asian exports will get a lot worse before they get any better, says a Credit Suisse First Boston (CSFB) report. According to the firm's regional economists, Asian
      402 words
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      138 9 You'll Never Taste Thai This Good, Again! After six gloriously, delicious years, the Pimai Thai Restaurant will soon be but a pleasant memory. On July 13**\ we will be honoured to take last orders for a cuisine which has been lauded by gourmets at home and abroad. So, before that
      138 words
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Power games— while nobody minds the store
      793 10  - Power games while nobody minds the store iil!^ bottom line OPINION harish mehta The writer is BT's Bangkok correspondent THAILAND'S Prime Minister Thaksin Shinawatra is viewed by his countrymen as a white knight who will slay the evil dragon of economic problems bedevilling his country. Having promised them the moon,
      793 words
    • Article
      Lock icon IN OTHER WORDS
      88 10 4 "All the way with the United States, right or wrong" is a bad call. I mean, that's what got us into the Vietnam War.' Lanrie Brereton Australia's shadow foreign affairs minister, on the shift to Washington yes-man during the five-year rule of Prime Minister John Howard.
      88 words
    • Article
      Lock icon Indonesia's impeachment crisis
      595 10 EDITORIAL WITH some three weeks to go before Indonesian President Abdurrahman Wahid faces impeachment proceedings in Parliament, the race is on —for the second most powerful job in the country, that of the vicepresident This unseemly scramble for power by the country's leading political parties threatens to
      595 words
    • Article, Illustration
      Lock icon Regional autonomy keeps governors on their toes
      957 10  -  Running their own show now, Indon district governors are enjoying great opportunities and facing big threats From Shoeb Kagda The writer is BT's Jakarta correspondent in Jakarta IDHAM Samawi is a man in a hurry. The local bupati or governor of the district
      AFP  -  957 words
    • Article
      Lock icon COMMENTARIES
      813 10 Who'll bUnk first? TURKEY has brought upon itself the ire of the International Monetary Fund (IMF) with its foot-dragging on promised economic reforms. On Tuesday, the IMF announced it was delaying a US$l.5 billion loan because of Turkey's non-compliance with conditions attached to its latest round of financial assistance.
      813 words
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  • MAIL bag
    • Article
      Lock icon HSA has close links with FDA
      222 11  -  Jeannie Thng Deputy director Corporate communications Health Sciences Authority I REFER to the article "Bio-medical sciences industry gets a boost" by Chuang Peck Ming (BT, June 26). The article reported that the Health Sciences Authority (HSA) "will adopt the high standards set by the
      222 words
    • Article
      Lock icon Analyse bank mergers fairly
      238 11  -  Kevin W Crossland via Internet I REFER to your article "Lure of strong emotional attachments" by Conrad Raj (BT, June 30) and a claim made in it: "DBS apparently did not understand the strong emotional attachment of Singapore entrepreneurs to the businesses they founded, and the
      238 words
    • Article
      Lock icon Bigger is better? Ask DBS, POSB customers
      303 11  -  Tan Hiong Hwee Singapore I REFER to your article "DBS hits the road to sell OUB takeover" (BT, June 29). While there may be some truth to all the DBS publicity about the merger with OUB being good for Singapore, etc, why not
      303 words
  • Page 11 Advertisements
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      122 11 SALUT Restaurant Wine Bar A Michelin-Starred France's National Day ..jIRISsMw am JKm h m Now you don't have to visit France to have a taste of its reputed cuisine. Make a date with Singapore's only 2 Michelin Stars Chef, Meyjitte Boughenout, on 14 July 2001, as he pampers you with
      122 words
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      Lock icon Page 11 Advertisements Column 2
      582 11 value for money II Whatever industry chances HI Jf are you're looking for highly scalable Ur§> j|K H and available systems that could keep f~ pace with rowt:h in business volumes without effecting a corresponding MM k investment in systems. Here at Sun, H| j we provide affordable solutions to
      582 words
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  • REGIONAL news
    • Article, Illustration
      Lock icon Top producers sign pact to fight rubber price fall
      583 12 BANGKOK Agreement to stockpile rubber and to cnt production Bloomberg THAILAND, Indonesia and Malaysia, the world's top three rubber producers last year, said they will unite to stockpile rubber and halt a decline in prices. Ministers from the three countries signed
      Bloomberg; AFP  -  583 words
    • Article
      Lock icon KL to hold pre-budget talks next week
      216 12 KUALA LUMPUR It will meet corporate sector to gauge latter's needs Reuters MALAYSIA'S finance ministry will hold three days of talks with industrialists and business groups next week to gather ideas for the country's annual budget, Prime Minister Mahathir Mohamad told reporters yesterday.
      Reuters  -  216 words
    • Article
      Lock icon Malaysia vows new laws to fight Internet abusers
      324 12 KUALA LUMPUR AP THE Malaysian government, which holds a tight reign on the mainstream press, vowed yesterday to go ahead with new laws to regulate the Internet. The laws could limit independent Web-based news sites' ability to criticise the government. The sites
      AP  -  324 words
    • NOTE Book
      • Article
        Lock icon Govt to hold on to Proton stake: Dr M
        66 12 AFX-Asia [KUALA LUMPUR] Prime Minister Mahathir Mohamad said the government will hold off, for as long as possible, the selling of a stake in Perusahaan Otomobil Nasional Bhd (Proton) to foreign technical partners. "At the moment, if we can, we will
        AFX-Asia  -  66 words
      • Article
        Lock icon Exxon to spend US$1.5b in M'sia
        63 12 Bloomberg [PASIR GUDANG] Exxon Mobil Corp said it will spend US$l.5 billion to develop three oil and gas projects off Malaysia's east coast. Exxon is the largest oil producer in the country with output 0f270,000 barrels a day. It supplies 70 per cent of
        Bloomberg  -  63 words
      • Article
        Lock icon Thailand's United Securities plans IPO
        51 12 Reuters [BANGKOK] Thai brokerage United Securities yesterday said it would make an initial public offering of 9.2 million shares at three baht per share on July 16-18. It will be the first brokerage to list on the exchange since Thailand plunged into economic crisis in
        Reuters  -  51 words
      • Article
        Lock icon HK waits for largest typhoon in 20 years
        55 12 Bloomberg [HONG KONG] Typhoon Utor, one of the biggest storms to hit southern China in 20 years, is headed for Hong Kong after killing almost 20 people in the Philippines and Taiwan. The Hong Kong Observatory predicted Utor will pass close to
        Bloomberg  -  55 words
      • Article
        Lock icon Bosch to shot M'sian plant for 11 days
        42 12 AFP [KUALA LUMPUR] German power tools and car parts maker Robert Bosch yesterday said it would shut down its Malaysian factory for 11 days spread over the next few months to cut costs. —AFP
        AFP  -  42 words
      • Article
        Lock icon Tenaga seeks to delay new power plants
        60 12 Bloomberg [KUALA LUMPUR] Tenaga Nasional Bhd said it will ask two power suppliers to delay construction of plants as South-east Asia's biggest power utility faces a drop in electricity demand amid Malaysia's slowing economy. The two companies Jimah Power Generation and SKS Ventures—will
        Bloomberg  -  60 words
    • Article, Illustration
      Lock icon Gus Dur hopes to sway rivals to drop impeachment
      550 13  -  He plans to meet them over weekend; bat parties say they're unaware of it From Shoeb Kagda in Jakarta AS the impeachment deadline draws closer, Indonesian President Abdurrahman Wahid is pulling out all the stops in order to stay in power.
      AP  -  550 words
    • Article
      Lock icon Official appeal calms jittery Manila markets
      374 13  -  Central bank offers NDFs to meet the forex demand of corporate clients From< Al Labita in Manila AN urgent appeal by Philippine monetary officials helped calm a jittery market yesterday, cushioning the peso's drop and allowing the stocks to rebound. The local currency closed
      374 words
    • Article
      Lock icon A-G's death suspicious: minister
      171 13 JAKARTA AP A SENIOR Indonesian minister has raised suspicions about the death of the nation's top anti-corruption crusader who had been at the forefront of attempts by the president to stave off impeachment, a newspaper said yesterday. However, state prosecutors denied there were any indications of
      AP  -  171 words
    • Article
      Lock icon China lets banks sell insurance, mutual funds
      417 14 BEIJING Bnt they are still barred from owning brokerages, insurers and fund managers Bloomberg BANK of China and other lenders will be allowed to act as agents for insurers, stock brokerages and fund managers under new rules that take the nation's banks a
      Bloomberg  -  417 words
    • Article
      Lock icon UTI may ease freeze on mutual fund
      218 14 MUMBAI Bloomberg UNIT Trust of India (UTI) may ease the six-month freeze on mutual fund US-64 to give individual investors the option of exiting the flagship plan of the"country's biggest mutual fund, a finance ministry official said. Unit Trust told the government it
      Bloomberg  -  218 words
    • Article
      Lock icon No easy end to trade rows despite China's impending WTO entry
      482 14 USHANGHAI AFP THE breakthrough in talks with the World Trade Organization (WTO) signals China's tortuous road to WTO membership is entering the final straight, but it will not provide an easy solution to rumbling trade rows. Against the background
      AFP  -  482 words
  • FINANCE
    • Article
      Lock icon STI futures close unchanged
      260 12  -  SGX Derivatives Trading .Report ST Index/MS&STpore Index Daniel Wong Refco Singapore SINGAPORE stocks retreated further yesterday, led by computer-related counters. The benchmark Straits Times Index fell 5.69 points or 0.3 per cent to close at 1,688.02 points with 13 counters up and 21 counters down while
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      214 12  -  MSCI Taiwan Index Daniel Wong Refco Singapore TAIWAN stocks fell yesterday as banks declined on concerns about profit growth. The MSCI Taiwan Stock Index lost 1.12 points or 0.5 per cent to end at 222.17 points. Turnover was 291.25 million with 16 counters rising and
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      219 12 Reuters London THE euro fell to seven-month lows against the US dollar yesterday after the European Central Bank left rates steady, remaining half a per cent lower on the day, but bouncing off its worst levels as large euro purchases triggered wariness of intervention. Expectations the ECB would
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      1248 12 nmamiiCEOWBiwi mis AS CSftafcE— Ffr IHn HKS Ind »s NpMi Yen Won Ml NZS Pafc Bs Peso S$ Band Sfr NT$ Baht Pound US$ Australia 0.780 4283 0.613 4.022 1.199 4.026 24.327 58.635 0.647 6.676 1%1 1.272 32.995 27.348 0.942 4.189 0.932 17.802 23.456 0.368 0.516 Canada 1282 5.489 0.786
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      31 12 N M ROTHSCHILD SONS Nr over 200 ytort of bonking 0 Tel: 65-535 9677/65-535 9100 Fax: 65-535 8713 /-< It n I.< > T Email: treasury@rothschild.com.se Call Rothschild Treasury Services today. Website: www.nmrothschiid.com.sg
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    1897 13 t ae? i mi nitiiiiium 1 "!iiuHiiiliiin miwwwMnwmiiimiiiiiHi iIWHiiiwni» iiwwiiwiiiii^iwwywwiMiii^m 8IC0M FUTURES Jul 5 RUBBER (futures closing as at 5.30pm) RSS1 CONTRACT (S centsAg) Close Volume Open Month W|> Low Sttt (touts) Interest Aug 01 m.75 Sep 01 112.00 Oct 01 112.75 Nov 01 113.75 RSS 3 CONTRACT (US
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      6 13 Editorial: Indonesia's impeachment crisis, Pg 10
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      99 13 nipiHi in in ■■■I 40% Off Rainforests Langkawi's exclusive resort is offering 40% off our normal room rates. Call now before it disappears.The offer that is. Promotional Price Per Night Deluxe Room RM76O nett per night Offer valid May 6th Oct 31st 2001 Not applicable from 8-13 Oct 2001 inclusive
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    Lock icon STOCKS asia
    7527 14 HONG KONG Vol Jul 5 HKS COOP) AcrossAsia Multimedia 1.80 unch 8000 Alpha General 0.05 unch ***** Amoy Prop 9.05 0.15 2240 Ananda Wing On 0.16 unch ***** Anqanq New Steel H 1.39 -0.04 ***** Anhui Conch H 2.08 -0.18 3420 Anhul Expressway H 1.59 -0.03 2832 Arcontech
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      2028 14 NOTICES To advertise call toll-tree 1800-741 1883 Fax No: 741 1298 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF KASS JEWELS PTE LTD (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of the abovenamed Company duly convened
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      747 14 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ACCOLADE TECHNOLOGY (INTL) PTE LTD (In Mambera' Voluntary Liquidation) NOTICE OF RESOLUTIONS At the Extraordinary General Meeting of the members of the above-named Company duly convened and held at 95 South Bridge Road #07-28 Pidemoo Singapore
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  • WORLD news
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      Lock icon Marconi shares nosedive on profit plunge warning
      495 15 LONDON Price falls as much as 53% on surprise slash in earnings forecast Bloomberg MARCONI pic shares fell as much as 53 per cent in early trading yesterday after the UK's largest phone-equip-ment maker said earnings this year will be cut in half
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      402 15 SEOUL Bloomberg SOUTH Korea's central bank yesterday cut interest rates a quarter percentage point to keep economic growth from stalling, shrugging off concerns about faster-than-ex-pected inflation. The Bank of Korea (BOK) cut the benchmark call rate, charged to commercial lenders
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      Lock icon Chopper crash kills S Korean tycoon
      95 15 Reuters [SEOUL] A helicopter crashed into a tower and fell into the sea on Wednesday, killing eight people including a South Korean steel tycoon and a top Daewoo shipyard representative, officials said yesterday. The dead included Kim Chong Jin, chairman ofDongkuk Steel Mill Co,
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      Lock icon Limited options for G-7 to avert recession: Mr Yen
      725 16  -  Japanese finance officials say it's np to BOJ to take action to revive economy From Anthony Rowley in Tokyo FINANCE ministers from the Group of Seven nations meeting in Rome this weekend will be seeking to find ways of "staving off
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      Lock icon ECB keeps its interest rate steady at 4.5%
      336 16 Bank of England also holds rates unchanged FRANKFURT Bloomberg THE European Central Bank (ECB) held its benchmark lending rate at 4.5 per cent, even as economic growth in the dozen countries using the euro stalls. The Bank of England also kept rates
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      Lock icon US non-manufacturing index up in June
      312 16 WASHINGTON Bloomberg US business other than manufacturing expanded in June for the first time in three months, an industry survey found. The National Association of Purchasing Management's non-manufacturing business index rose to 52.1 last month from 46.6 in May. That's the highest this year.
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      355 17 AUCKLAND Many look to home country and elsewhere for jobs study AP MANY recent Asian migrants to New Zealand are returning home or trying to move to Australia or the US to escape high unemployment, a new study reported yesterday. AU groups
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      423 15 NOTICES To advertise call toll-tree 1800-741 1883 Fax No: 741 1298 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF BARC ASIA PACIFIC PTE LTD (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of the abovenamed Company duly
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      668 15 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF GAUDER GROUP SINGAPORE PTE LTD (In Member*' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting ol the members of the abovenamed Company duly convened and held at Rue De La Revision 938 4032 Chenee
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      408 15 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF NEW INDOPOWER INVESTMENT COMPANY PTE LTD (in Liquidation) NOTICE TO SUBMIT PARTICULARS OF DEBTS OR CLAIMS NOTICE IS HEREBY GIVEN THAT the creditors of the abovenamed Company, whose debts or claims have not already been admitted,
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      723 15 IN THE MATTER OE THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF KOCH CAPITAL MARKETS ASIA PTC 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 16 Raffles Quay #22-00, Hong Leong
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    Lock icon SGX clob
    2491 16 BOMPS WARRAHTS Vt Wrats W bfbr LMt W Bay UatOwto »<1 taaadCaw Ear Mk Mta u. m. row Mm «—«»>—«*» f»M »W 36.5 29 S AST!W*****1 5.5 739 36.5 29.5 35 36 33 26.4 1 35 37 0.5 AcmaW*****4 0= 1 3 17.6 1 100 758 4.00 1
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      444 16 If you loved "Who Moved My Cheese" you will be inspired by A powerful book that will help you boost morale and improve results in your organisation PLUS! Win a trip for 2 to Seattle! Now on sale at all good bookshops PROPERTIES The Straits Times Classified. [cats. I Classifications
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    8292 17 SGXMAINBOARD Gr Gr M MR 52-Wk Last Vol Day last Quote Mr Ok W M Cm tog WWi Low Cwm■» Mil +J- flg W# low jjg SdUr CW HI |3 Mm MULTMNDUSTRY 143 35 cAcmaSOc 39 -2.5 174 40.5 39 39 39.5 0.5 19.9 0.6 10.3 67.7 40
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  • e News
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      Lock icon CyberWorks planning US$2.5b bond sale: bankers
      489 18 HONGKONG Move would allow firm to postpone repayment of some debt by np to 5 years Bloomberg PACIFIC Century CyberWorks Ltd, Hong Kong's No 1 phone company, will start marketing US$2.5 billion of 10-year bonds next week, allaying funding concerns that contributed to an
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    • Article
      Lock icon Recalls could cost Sony up to 23b yen
      442 18 TOKYO Analysts say handset recalls could trigger profit warning AFP A SERIES of embarrassing mobile phone recalls could cost Sony Corp up to 23 billion yen (***** million) and could trigger a profit warning, analysts said yesterday. "It will cost Sony at
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      Lock icon Telstra broke law to bag users: regulator
      194 18 MELBOURNE Bloomberg TELSTRA Corp, Australia's biggest phone company, allegedly breached rules when trying to win over customers of collapsed phone company One.Tel Ltd, the nation's antitrust regulator said. Telstra call centre staff allegedly tokl One.Tel customers they would be liable for early contract
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      2144 18 CHB CHOHUNG BANK (INCORPORATED IN THE REPUBLIC OF KOREA) CONSOLIDATED BALANCE SHEETS INDEPENDENT ACCOUNTANTS' AUDIT December 31,2000 and 1999 REPORT 2000 1999 To the Shareholders and Board of Directors of Chohung Bank: We have audited the accompanying consolidated balance sheet of Korean Won Korean Won C hohung Bank (the "Bank")
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      194 18 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF DARWIN INVESTMENTS (SINGAPORE) CO. PTE LTD (In Creditors' Voluntary Winding Up) FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50, that the FINAL MEETING of the members and of
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      137 18 In the Matter of The Companies Act, Cap. 50 And In the Matter of GDA TRADING TRANSFER PTE LTD At the Extraordinary Generol Meeting of the members of the abovenamed Company, duly convened and held at 336 Smith Street #06-308 New Bridge Centre Singapore *****6 on 29th June 2001, the
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      756 18 Kchristiania bank SINGAPORE BRANCH H«ad Office: P.O. Box 1166 Sentrum, 0107 Oslo, Norway Singapore Branch: SO Raffle* Place, IIMI Singapore Land Tower, Singapore *****3 All figure* In NOK million Balance Sheet Statement of Income as at 31 December 2000 for the year ended 31 December 2000 2000 1999 2000 1999
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      325 18 IN THE MATTER OF THE COMPANIES ACT, CHAPTER SO AND IN THE MATTER OF INTERNATIONAL COMPUTER ENGINEERS (SINGAPORE) PTE LTD (In Liquidation) NOTICE TO SUBMIT PARTICULARS OF DEBTS OR CLAIMS NOTICE IS HEREBY GIVEN THAT the creditors of the abovenamed Company, whose debts or claims have not already been admitted,
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  • EXECUTIVE Lifestyle
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      Lock icon Mixing lattes and letters
      1246 19  -  COVER STORY Having a cuppa while browsing the bookshelves is fast becoming trendy, judging from the success of the book cafes in Singapore. TAN HWEE HWEE checks out the various lifestyle spots. TAN HWEE HWEE Looking for a dose of New York lit hip? Tucked at
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    • PERSPECTIVE
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        Lock icon Let's play — Who wants to take over a bank?
        741 20  - Let's play Who wants to take over a bank? [•'da the cuff Transfixed by all the bank merger talk dominating the news now? Go one step further get in on the action with your very own board game jaime ee I'VE got a great idea for a new board game.
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        Lock icon Food good enough to keep customers?
        607 20 BOOKSTORES are opening cafes because they want to keep customers in the store for hours and hours. The longer you're in the store, the more likely you're going to buy something. "We designed Borders as a destination shopping store," says Christopher Tong, senior manager
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      • Article
        Lock icon When sleep eludes, observe some hygiene
        1045 20  -  HEALTH Add to this healthy living and healthy eating. Bnt if insomnia persists, seek professional help By Melissa Sim SLEEP that knits up the ravelled sleave of care, the death of each day's life, sore labour's bath Simply put, the very thing you look
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    • TRAVEL
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        Lock icon BODILY TREATS
        903 21  -  chbhh ui-hoon discovers how easy it is to become a spa junkie in Bintan CHEAH UI-HOON IT'S just too easy to become a spa junkie. It grows on you the gently fragranced room, the piped-in sounds of new age music and gurgling water flowing about you, and of
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      • Article
        Lock icon Short getaway spa packages in the region
        269 21 Bintan Resorts Spa Seduction, Blntan (valid till Dec 13) Reservations: BRF Holidays, 837 3165/69 or email: tours@brf. com.sg, www. bintan-resorts. com Sample of spa packages: Day trip packages at the Asmara Tropical Spa range from mandi lulur/tropical spa aromatherapy (90 mins) to full
        269 words
    • BIZ WOMAN/PURSUITS
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        Lock icon Child pianist launches his first CD today
        444 22  -  By, John Gee NOT quite 10 years old, Benjamin 800 can claim to be a recording artist, launching his first classical music CD today. Born in 1992, the young pianist started out playing pop tunes from memory until early 2000, when The Hour
        444 words
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        Lock icon A celebration of black
        657 22  -  parvathi nayar looks at the Louis Vuitton Women's Fall/Winter 2001/2002 collection unveiled last week PARVATHI NAYAR JUST like simple things in very luxurious H WM spake designer Marc Jacobs, as quoted in Harper's Bazaar (1998). He could well be describing the wellspring for his latest creations
        657 words
    • CINEMA
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        Lock icon Consummate story-teller
        1132 23  -  Baz Luhrmann reveals how his three films are linked, and the inspiration behind the making of Moulin Rxmge, the last in his Red Curtain Trilogy. PARVATHX ma yah reports PARVATHI NAYAR Nothing uptight about Baz Luhrmann —other than hair in two tight pigtails that's kinda cute and at
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        Lock icon A gritty setting helps Save The Last Dance
        428 23  -  Teen dance flick boasts two likeable leads and catchy choreography By\ Susan Tsang A TEENAGER'S dream of studying ballet at Julliard gets sidelined when her supportive mother dies while rushing to her audition. Shoved from her white, mid-west-ern town to Chicago to
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        Lock icon Refreshingly different
        494 23  -  But 'Moulin Rouge' Ms to get viewers to feel its tempestuous passions By Parvathi Nayar ABSINTHE: it's the perfect symbol of fin-de-siecle Paris, with its maelstrom of artistry and feverish excesses. Also known as the Green Fairy, that vio-lent-green, wormwood-distilled, an-ise-flavoured liquor was the Bohemian drink of choice.
        494 words
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        Lock icon REEL bits
        1482 23  -  By Susan Tsang The kids are probably settling down to serious work in school now, so their movies are making way for films that appeal to slightly older audiences. So cartoons like Shrek and Atlantis are slowly sinking beneath our sight. Emerging from the waves are smaller budget
        1,482 words
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        Lock icon Enquiries and bookings
        99 23 Cathay Causeway Point *****88 Orchard *****74 Cathay Movie Line 235 1155 En? Wah Empress *****67 Jubilee 454 1640 Suntec 836 9074 Sun Plaza 753 1047 Toa Payoh 251 1370 West Mall 898 9230 Golcton Village 24-hr easy booking: 1900-912-1234 Bishan Boon Lay Eastpoint Grand Marina Plaza Tampines
        99 words
    • golf links
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        Lock icon Having Gray Matter helps
        411 24  -  ven sreenivasan tries out the latest Zi Sigma Blade and finds he's putting better VEN SREENIVASAN WHILE insert putters have become wildly popular with amateur golfers, one of the fastest selling putters on the PGA tour is a series which does not have any inserts. Instead,
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        Lock icon Merc among many prizes up for grabs at BT Golf tourney
        265 24  -  By Ven Sreenivasan SOME 200 corporate personalities will gather at the Tanah Merah Country club today to "fight it out with woods and irons". Yes, it's time to tee-off at the Business Times Golf Tournament again. And this year,
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        Lock icon Nicklaus speaks out on pet peeves
        884 24 Veteran golfer has deep concerns about changes at Angnsta National and the modern golf ball Reuters [PEABODY, Massachusetts] Jack Nicklaus made a statement at last week's US Senior Open as the Golden Bear showed he could still compete by finishing tied for fourth at
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    • EPICURE
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        Lock icon French pleasers
        784 26  -  Lovely desserts from Les Gourmandises give the otherwise ordinary business lunch at L'ecole Gourmande a more satisfying finish, says oordiiib kerb CORINNE KERK WHEN Les Gourmandises started operating some three years ago, it was just selling imported French chocolates, candies and fine food. Then it started to make
        784 words
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        Lock icon An experience worth the ferry hop
        690 26  -  RESTAURANT The ambience and cuisine at Bintan Island's Bann Aarya are delicionsly inviting By Cheah Ui-Hoon DINING at Baan Aarya is like stepping into another world, one where you can be seated in comfortable cotton cushions on rattan armchairs by early evening, in time
        690 words
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        Lock icon A tasteful blend of old and modern
        565 26  -  RESTAURANT Hna Ting has a new look bat its cnisine still boasts the usual high standards By* Cheah Ui-Hoon TASTEFUL is the word to describe both the decor of the newly-refurbished Hua Ting at Orchard Hotel and its cuisine. The first is a
        565 words
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      99 20 ROTIBAKAR (per dice) 900* TEH TARIK/KOPITARIK $1.50* HALF BOILED EG6 (per en) 800* Hi-Tea 3.00pm 5.30pm $8* Adult hSk/tj&A $6* Child ISSW Hi-Tea includes fa* various local delights Opening Hours 7am -11 pm daily TAIWAN PORRIDGE V &)k DAIIY BUfFETz^n MontoFri/ B.Bo* Adult Sat (lunch only) 6.80* Child Sat/Sun/ $10.80*
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  • Page 21 Advertisements
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      511 21 NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 IN THE MATTER OF COMPANIES ACT (CAP. 50) SECTIONS 291 (1) AND 296 AND IN THE MATTER OF BIN HIN CRANE HEAVY TRANSPORT PTE LTD (IN CREDITORS' VOLUNTARY WINDING UP) At an Extraordinary General Meeting of the abovenamed Company
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      593 21 W) FACIRC CENrTURY FINANCIAL CORPORATION SUBSIDIARIES Consolidated Statement of Condition Consolidated Statement of Income At the Close of Business December 31,2000 Year Ended December 31,2000 in thousands of in thousands of US. dollars US. dollars except per share amounts ASSETS INTEREST INCOME Interest-Bearing Deposits 188,649 Interest on Loans 750,141 Investment
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      325 21 -y. RSRVRRRI MAKE THE HEADLINES H In today's fast-paced world, the right story released at the right time can make a huge difference. Communicating effectively with the media is die key to getting your story right This workshop, chaired by Patrick Daniel, Editor of The Business Times, is designed to
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  • Page 22 Advertisements
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      265 22 Where to wine, dine and entertain...""? ssa S c i u L c i jßj|^ Born in the USA! American Independence Day Food Festival, 29 June -14 July Treat your family and friends to a sumptuous YankM feast at the Marriott and you could be one of the lucky draw
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      101 22 Lap up the romantic and sensuous comfort of dining by the pool. Our musicians will serenade you while you feast on a range of tantalising dishes. Our Poolside Steamboat, BBQ and Chicken Rice Buffet is served every Saturday between 6.30pm and 10pm. $28 per adult. 40% discount (child under 12
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      115 22 Relax and enjoy a long lunch with a wide variety of Oriental and Western dishes as well as tempting desserts. Served every Saturday and Sunday, from 12 noon to 4.30pm at $24 per adult and 40% less for children. For reservations, please call 432 5567 Pnees subject to service charge
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      86 22 Cliche. Wine, Dine Entertain of The Business Times Contact May Chan 740 1134 or Teresa Quak 740 1275 now. m 1 Saturday Antipasto Buffet $17+++ for Antipasto Buffet only $3j+++ for Antipasto Bufta choice of pizza or pasta Sunday Brunch S4s+++ wtth free flow of Soft Drinks $6o+++ with free
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      88 22 *£j. t HIGH TEA FAVOURITES Enjoy local and Western favourites in a daily high-tea buffet at The Mezzanine Cafe Bar. 12:00 noon to 5:00 pm daily Weekdays: $22.80+++ Weekends: $23.80+++ 2nd (loot Reservations: 831-6286 Mandah,rffiigjgywr mTJTTT: 333 Orchard Road, Singapore *****7. Tel: 737 4411 FaxT732 2361 1 I ■■■iMHHEDWARDH HM&9I
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  • Page 22 Miscellaneous
    • Miscellaneous
      Lock icon Page 22 Miscellaneous Column 1
      298 22 CRYPTIC CROSSWORD 9 Early bird coming to branch of 10 Tanker's heater has front re- i2~~ moved (5) 12 Daughter in hurry to get out of Hjj WM H|| wKf Up 13 Independent to get on wrong j j side of magistrates (10) liHltH flflj 15 Spoiled, as MP with
      298 words
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  • Page 24 Advertisements
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      32 24 Interest H U Pay By 12 Monthly Instalments When You Charge A Minimum Of $120 To UOB Visa Or UOB MasterCard at WORLD OF GOLF. *Conditions Apply. Check Stores For More Details.
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      1079 25 ADVERTISEMENT GOLF NEWS V7OO 'illegal' club is No. 1 selling in Japan s /r /r i ,5' .-/JSy r^T^ //kVj£! 7 S& f ,< s* r ig Q (C? r i Singapore S. Scoring lines f6^Wj^B> V-' PrAC >W better control. wi 2.6 mm face w orefer the Vl structure.
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      68 26 "i \A j i 1 I M M V,-' •Njag B x I I 1 ll, \kJ •mmJ Ij Hi %'-M A| <// wp*S"T l j m '1H Hf ,-lflß a i^BH^K. m, 1 in It MP' MM"» flfflHBWBjL i >. -g*|k > 90 'street' this weekend > what's street
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  • SHIPPING TIMES
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      Lock icon FREIGHT MARKET
      143 27 Reuters THE Baltic Dry Index (BDI) dropped 15 points to 1,360, the Baltic Panamax Index (BPI) shed 24 to 1,383, the Baltic Handymax Index (BHI) fell 53 to 8,750 and the Baltic Capesize Index (BCI) was down five points to 1,724. TIME-CHARTEB: ♦Capstone 2000 ***** dwt dely US
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    • Article
      Lock icon MARITIME STOCKS
      288 27 SCX *000 ms it m CWT Distribution 0.56 unch 0 Chuan Hup 0.33 0.01 504 Cosco Investment 0.22 -0.01 173 Freight Linkj 0.08 unch 300 C8 HoMtnqs 0.53 0.01 4 IMC HokNngs-HK 5.60 unch 0 Jay* Holdings 0.15 unch 105 KeppeiCorp 3.52 0.04 1941 Keppei FELS 1.08 -0.02
      288 words
    • Article
      Lock icon Neutral-flagged patrols to deter pirates in Malacca Strait urged
      630 27  -  Proposal for dedicated boats onder banner of IMO put forward at piracy conference By Beth Jinks [SINGAPORE] Neutral co-operative patrols are needed urgently to end the scourge of piracy in the Malacca Strait, a Singapore-based former victim says. Elaborating on his
      630 words
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      Lock icon Hyundai gets more time to repay loans
      409 27 S Korean shipping company given a year more to repay 1 trillion won debt Bloomberg [SEOUL] Hyundai Merchant Marine Co's creditors gave Korea's biggest shipping company as much as a year more to repay l trillion won (Ssl.4 billion) of loans originally due
      Bloomberg; AFP  -  409 words
    • Article
      Lock icon Tg Pelepas port's container volume up 40% in Q2
      295 27  -  Return ofMaersk Seal&nd's NZ service, expanding feeder network behind big jnmp By Donald Urquhart [SINGAPORE] The neighbouring Malaysian Port of Tanjung Pelepas (PTP) saw a 40 per cent rise in container throughput for the second quarter of2ool over the first three
      295 words
    • Article
      Lock icon MBC forecasts higher profit
      240 27 Bernama [KUALA LUMPUR] Malaysian Bulk Carriers Sdn Bhd (MBC) is projecting an annual profit of RMIIS million (5555.2 million) for its current 2001 financial year, said its chairman, Captain Ahmad Sufian. He said despite the economic slowdown worldwide and higher oil prices, MBC is confident that
      Bernama  -  240 words
    • SHIPPING news
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        Lock icon Changes proposed to MISC, ship reporting system
        850 28  -  ADMIRALTY CASEBOOK OHEAT BABBIBB SEEP OROOMPWO By\ Selva Kumar AS expected, Canberra's investigation into the grounding of the Malaysian vessel Bunga Teratai Satu last year has concluded that the first officer's failure to make a turn on time caused the vessel to plough
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      • PORT Shots
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          Lock icon Samsung wins US$206m OOCL order
          116 28 AFX-Asia [SEOUL] Samsung Heavy Industries Co Ltd said it has won a US$2O6 million order to build two large-size container ships for Orient Overseas Container Line (OOCL) of Hong Kong and one oil tanker from Chevron of the US. The container ships Samsung Heavy will
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          Lock icon China aid for Mekong River dredging
          90 28 [SINGAPORE] China is to invest more than 42 million yuan (559.2 million) to help Myanmar and Laos dredge a 331 km-long navigation channel in the Mekong River according to reports in China's People's Daily. An aggreement was reached last week between China, Laos, Myanmar
          90 words
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          Lock icon S Korea, Thailand sign shipping pact
          73 28 [SINGAPORE] South Korea and Thailand have given each other most flavoured nation status for each other's national shipping fleet, following the signing of a provisional shipping agreement in Bangkok last week. The agreement represents the culmination of a long process that has seen two
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          Lock icon Panama Canal's toll earnings up
          118 28 Reuters [PANAMA CITY] The Panama Canal's (above) October-to-May toll income rose 3.05 per cent over the year-ago period to U*****.1 million, the waterway's administration said. Ship transits rose by 0.9 per cent to 8,465 during the period with vessels built to the maximum dimensions of
          Reuters  -  118 words
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      Lock icon SHIPPING SCHEDULES INDEX
      273 28 PACE Ahrenkiel 10 Appenship 5 Assets S Austral 6 Avant 10 B'tang Mas 6 BSA 7 BTL 10 Balaji 4 Batamindo 9 Bayswater 10 CCNI 7 CMACGM 3 COSCO 3 CSAV 3 ft Central Ex 6 Chahaya 10 China Shpg 5 Confer 10 Colony Log 5 Cougar
      273 words
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      10474 34 THEBUSINESSTIMES EXPORT frie ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Nam* Number Number To ABIDJAN (ABJ) 2003 Cote D'lvoire 13/07 02/06 MOL P&O NED SAO PAULO 8901A 65-*****86 16/07 19/06 Kien Hung PROSPERITY CONTAIN PC103S 65-*****33 WOT 20/06 Setramar VILLE DE GEMINA 384W 65-*****33 16/07 06/06
      10,474 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        768 37 Vessel Voy No Berth Arrival Departure Winstar 1 093Sa Tol 05/07/720 05/07/930 Bt Bt J ***** J01 05/07/8:15 05/07/20:00 Bt U Bersama ***** J01 05/07/8:45 05/07/20X10 Kim Virgo Ve57 J16 05/07/7:55 06/07/630 SaraMewa M 73 J02 05/07/730 06/07/830 Aulia Seraya 19/01 J02 05/07/8:10 05/07/2130 Gm 31 1 JW
        768 words
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        Lock icon CONTAINER SCHEDULES
        1987 37 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/Balance Rstls Ship Voy No Etb/Btr Ported From To From ACX SEAGULL 0T7B 6/W JO W 04/1500 04/1659 Apf-00 2A 04/1700 05/0659 05/0900 04/1700 05/0659 05/0900 3 05/0700 05/1159 05/1400 4 05/1200 05/1459 05/1700 AGLAU S002 5/2159 04/1500 04/1659 Apr-00
        1,987 words
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        Lock icon GLOBAL HOLIDAYS
        203 37 July 9 Argentina: Independence Day July 11 France: National Day Belgium: Flemish Community July 14 France: National Day July 17 South Korea: Constitution Day July 20 Japan: Marine Day Jnly 21 Belgium: National Day Ao|ut 1 Switzerland: National Day Aopitt Singapore: National Day South Africa: National Women's Day
        203 words
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        Lock icon COCKETT BUNKER MARKET REPORT
        794 37 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
        794 words
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        Lock icon VERITAS BUNKER QUALITY REPORT
        538 37 Carton 180 Max 993.4 0.5 15.6 0.08 46 0.04 Jm 28 DawK* N«ttr Residue As* AhminkM Sedtoent No above E25 10 10 0 380 Ave 985.5 0.2 13.8 0.06 20 0.02 380 Max 990.7 O.T 17.7 0.10 40 0.04 K6/W3 m/m »m/m mi tax Ho above
        538 words
    • AIR & LAND transport
      • Article
        Lock icon Airlines face worst slump in decade
        752 38 Worldwide economic slowdown, high fuel, labour costs threaten profits: analysts Bloomberg [PARIS] Airlines are facing the worst slump in almost a decade as slowing economic growth, high fuel prices and rising labour costs threaten to end a seven-year streak of profits, investors say. UAL
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        Lock icon Compensation for Concorde crash kin soon
        481 38 Families of German victims will receive 118 m euros in all AFP [BERLIN] Families of the 97 German victims of last year's Concorde plane crash near Paris will receive compensation "within days," following agreement with Air France and the insurers, according to a lawyer
        AFP; AP  -  481 words
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        Lock icon Qantas, SIA upgrade inflight entertainment systems
        220 38  -  By Beth Jinks [SINGAPORE] Qantas yesterday unveiled a new inflight entertainment system to be progressively installed in its international 747 fleet. The RockweU CoUins entertainment system win include individual seat back video screens with movies, television programmes and games access, audio and personal phones
        220 words
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        Lock icon Cathay charters 10 jets for typhoon, pilot delays
        605 38 Bloomberg Reuters [HONG KONG] Cathay Pacific Airways chartered 10 jets as a precaution against a typhoon approaching Hong Kong and as pilots enter a third day of flight disruptions after failing to reach a new pact on wages and work schedules. Asia's
        Bloomberg; Reuters; REUTERS  -  605 words
      • Article
        Lock icon KLM warns of much lower 1st qtr revenues
        373 38 Dow Jones [LONDON] KLM Royal Dutch Airlines became the latest carrier to warn that a decline in traffic and yields, particularly from the North America and Asia Pacific routes, is impacting revenues. Significantly, the airline said it could not give an outlook
        Dow Jones  -  373 words
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        Lock icon BA's traffic down 8.9%
        213 38 Reuters [LONDON] British Airways pic (BA), the largest European airline, said that its traffic fell 8.9 per cent in June on a year ago, just ahead of an 8.8 per cent fall in capacity, as trading conditions remained difficult. However, the company said in a statement
        Reuters  -  213 words
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        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1855 38 cm Fuan n* mem n> iiim umn ZZK 1X6380 2230 mm 2230 laMi S0Z3 0835 UN 22SS 6*975 #35 SO 328 2325 KL837 1455 AadtiM ****** 2085 LM8986 2028 S0286 2045 1024 2020 S***** 2020 ****** 20O S0285 2045 ■anil W 0935 gW tns tmmm mMm
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      756 28 I TO USA/CANADA I I EXPORT I I OTHER DESTINATIONS I IvBSB I Vo> I KG Jjgg |«B«S |QK»CO|«Wn«» I TO AUSTRALIA (AUSTRALIA ASIA EXPRESS) OOQAMERICA 53E27 03/07 04/07 20/07 24/07 25/07 25/07 25/07 21/07 4 j I' I I I' I OOCL CALIFORNIA 55E28 10/07 11/07 27/07 31/07 01/08
      756 words
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      697 28 nes services represented by Members of ihe Registry of ccre^' Shipping Agents, jtijy Singapore Shipping Association Members of tbe Singapore Logistics Association CONTAINERS/ CONVENTIONAL CARGO KMT MANG/SINGAPORE/JAKARTA A lANGKOK VDY ETTAPKL ETA SIN ETA MALE Pitamt IJh 0501 <X*7 11U7 Eapram Lily MOl 20/07 22/07 SO/87 LIUT MARINE SERVICES SINGAPORE
      697 words
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      1368 29 TO EUROPE FROM EUROPE vtssa vor sin rtm aur ham my sou uh llvksb voy rtm anr ham mv sou leh sm I HYUBERITY 303W 09/07 26/07 28/07 31/07 25/07 HYGOOAL 3311 16/0* 11/06 20/06 14/06 01/07 API SPINEL 102W 12/07 04/08 02/00 30/07 01/08 MOl LOME S4H 19/06 21/06
      1,368 words
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      1657 29 TO AMN T/T xlO MIS 1 JIMAi T/T xl 2 iAYS I v AQAtA T/T tIS DAYS J yjjWGyWt: f?J92!£^!L J 2 00 J^KP, S 4^A7 43 r^: VS.W? »*UTSU OFFICE PASIR GUDANG TIL- 07-*****66 FAX: 07-*****70 COSTAR SHIPPING PTE LTD ffSffKKKLi i£H2f PORTMANG 03-*****033 03-*****666 CR NO: **********0 M
      1,657 words
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      464 29 rasa ggi VOY sw JKT sub HAXUIA MAHJ 0141 07/07 ||A) 7 11/07 AfIUtAC Q2ZA 08/07 10/0/ lots 09/07 11/07 IVO7 HYUNOAIAMKI 03K M/ 07 12/07 17/07 mTCSIHGATOK IO7S 13/P7 15/07 AO LILY 044 A 15W WoJ KMK KEELING IQtS 06/07 10/07 109N 11/07 15/07 17/07 M/ 07 20/07 24/07
      464 words
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      997 30 SENATOR LINES lonmon w»wuw«ww> vessr vot sm uh htm aw |mm orv m |vt«n 1 vor 1 ii 1 mi lon 1 I w 1 JSSSJSm^I 0 J?!i2 2007 "il 2"!' mm 07*7 14J7 17J7 21J7 rut HANJM WW TORR 01I2W 04.07 20.07 24,07 21.07 27.07 2107 AIFARAMM 0015W 14J7
      997 words
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      797 30 Can I*. MM COUTHLINES, MC p. QUOANG: (07) *****26 MVy \>J WMOKIIIIWIIIH 9BU:(084)*****9 MAMLA:(632)*****24 W mWKfcWaWW BANGKOK: (862) *****87 SURABAYA: (31) *****11 P KB-AMQ; (03)*****77 JICE (21)*****46 KUCHNQ f082) *****1-3 NEW YORK HELSINKI MV "P&O NEDLLOYD SEATTLE "V.41E27 MOL ADVANTAGE V.003W ETA SIN: 11 -07-2001 ETA SIN: 13-07-2001 NAOOYA CHITTAGON6
      797 words
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      486 30 WEEKLY EXPRESS SAILING SCHEDULE WESTBOUND TO: COLOMBO NHAVA SHEVA (CFS MULUNO, MUMBAI) ALSO ACCEPTING TO AU NORTHERN AND WESTERN ICO POINTS VKSQNAJK |VOY k'TOttlcOtOMJOllt SHTflkl CONNKTMG ICONNECTWG va-usA wkmok tAHAMIAN EXPRESS 001W WJUI MJUI 18 JUL IHDAMEX MED KEELUNG Mississippi vim vit KOU PERKASA TKIO3 It JUL 21 JUL 26
      486 words
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      1310 31 IRISL, Qfh® Soo Qltm <&3G®ip{te (S®ffl9&3jQ(M?32®(£l <§Wgf§) (zXfJ IMB (siff Ikxsffijtys) ftrfts> MsWiXa/ ijX&lljilfe Hi) UIFsDLK) (33 WZ&I1I] OS fts> (§o3o§o fa Pltm {kjsomt? Qvamito Q3im®o AGENT IN SINGAPORE AGENT IN MALAYSIA AGENT IN INDONESIA SINOSE MARfTIME PTE LTD CR N**********00H BOUSTEAD SHIPPING AGENCIES SON. BHD. PT. SINOSE CONTI PERSADA
      1,310 words
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      431 31 d§JSFJI k LEADER RDM/ATW/BMN/UK/LPL I Zl YUN SHAN RDM/ATW/BMNAJK/LPL I Loads Singapore EVW. Mrtayaia. Indonesia J Loading for KOUROS V DBl/ABU/DOH/BRN/DMM/KWT BALAJI VINTAGE JDH/AQA RAINIER D6VABU/DOH/BRN/DMM/KWT PISCES EXPLORER JDH/AQA/DMT AEGEAN SEA DBI/ABUTOH/BRN/DMM/KWT •Loads Singapore, E7W. Malaysia, Indonesia I Loading for I BEATANAVIS CAM/NFK/SAV/NOL I GEM Of TUTXX)RIN MZL/LAX/VLW/VCB I •Loads
      431 words
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      1380 31 HONQRONG/ SHANGHAI/ lINGANG/ OW6PAO lAMGKOK/MAP TA PHUT/lAf CHAiAHG VtSSE VOY I S* HKG SHA IGG TAP YTSSLi YOT aw m WTP La MRARHUM NOl7 12/07 16/07 OMIT 70/07 jjffljg jjf UMARHUM NOl7 U/07 71/07 74/04 27/07 30/07 SHIMANAMI 52E 09/07 13/07 13/07 ITHARHUM NOl7 23/07 21/07 31/07 03/01 04/08 RANI
      1,380 words
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      681 32 BmOPt/UK/aCAWWWftffA EXPORT VBsa/VQwa Irdmlimg Imvlihp Iffl I wv CQNGO 0945RN001 09/07 M_W_l ***** 01/W 02/08 ffUWIYOIOMItO 15/W 02/08 (H/08 05/08 iMggjgg j*g oa/08 OVt» OW OW M IIUSCOMHEOIO4q)SW 22/07 09/08 11/08 CAST AND WEST AttDTTERRANEAN/UACK S<A EXPORT VBSa/VOYAGt I SGP G» GNA FOS VICTtS E. GENTRY 3093W 12/07 21/07 31/07
      681 words
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      396 32 Irxport I VESSEL VOYAGE SGP CRM DUI DMN KM NXVAKMJED AQR ■UN ASSURE 0013-023W 09/07 13/07- 19/07 21/07 UNPOPULAR 067W08W 10/07 14/07 20/07 21/07 27/07 XIANGHE 0172W 13/07 24/07 26/07 30/07 lUN AMPLE 001+040# 14/07 20/07 26/07 28/07 30/07 IuNFHRIOT 0674-017W 17/07 21/07 27/07 21/07 03/08 IBINGHE 0174W 20/07 31/07
      396 words
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      671 32 ONE SINGAPORE PTE LTD m 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 ALL DIRECT SERVICES TO THE FOLLOWING PORTS NO WEIGHT CONSTRAINT!!!!!! (RATIO 1 CBM 1000 KGS) (ALSO ACCEPTING CARGOES TO
      671 words
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      465 32 INDONESIA NATIONAL LINE TO AUSTRALIA "T WJLL COIITAHiBR SERVICE va wr wg at at i srp m m m he rONMM IK owr 14/07 24/07 24/07 20/07 31/07 NYXPMK IoT 14/0717/07 23/07 29/07 3V07 03/08 rammmt "iis" a/o? 24/07 oyoi os/oo ot/oo woo API IVORY 40S >0/07 31/07 04/00 12/00
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      422 33 BSA ik mm* MYANMA wBBk FIVE STAR UNE r (Myanmar National Lino) Loading for Yangon VESSEL VOY SIN PKL PEN PGU MONG LA 45W SID HPA-AN 289W SID MALAYSIA AGENTS: lOUSTUD SHIPPING AGENCIES KUL TU 03-*****300 PKL TH 03-*****101 PEN: TH 04-*****02 PGII: TIL 07-*****21/4 BANK UNE (A service of
      422 words
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      1175 33 HMNEHYUNDAI MERCHANT MARINE CO., LTD. Ivbsb vot IMI I sou I ta I rrw I *MT I HMHI wv Ivessh. I vot I sou I uh I ktm I ant I ham I Htv I {HI HYEMPBK* 336W 05/07 23/07 25/07 20/07 24/07 "/JJJ JO/0J «/06 04/07 MOIMAA3 544W 06/07
      1,175 words
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      1050 33 WALLENIUS WILHELMSEN TO NORTH AND UTIN AMERICA "CAR RORO HEAVYUFT SERVKE" IVESSB VOY KAMf HEIGHT I SIN I LIC' I MAO MIA I SAV I Ml I OBF NYC NEW MOt TAMO AHII4 4001 M* 6.3 M 13/07 IS/08 21/08 23/08 2S/08 26/08 28/08 01/09 03/09 TOURCOMG AHIIS 4001 ms
      1,050 words
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      481 35 lAL Container Line (UK) Limited [www.ial.com] Reqci Office Carme! te. 50 Victoria Embankment. Blackfriars. London EC4Y QDX. a M a United Kingdom Operational HQ: 401 402. AL Jawahara Building, Khalid Bin Waleed Street. P.O Box *****. Dubai, UAE (E-mail: lal'o'ial.com) HD SASIA EXPRESS LINES II SINGAPORE AGENT: JARDINE LINER SUPPORT
      481 words
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      442 35 Offers FCLACL Container Service to Worldwide Destinations through lAL Logistics (S) Pte Limited 80, Robinson Road, 22-01 A, Singapore *****8 Tel: 223 8380 Fax: 223 8387 E-mail: ialsin@ial.com Website: www.ialsin.com Own Offices m Asia:Mumbal: DetW Jatour/ Jodhour Ludhiana OCD): Calcutta: Kanctta* Mt flfrNy IjlTlll m l til LM «J— Mt
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      180 35 VESSEL VOY EttffiU DAY VOY EttSM DAY KUALA SIAKI 11 OSS 04.0t.01 MON 110SN ~05.0t.0l TUE KUALA SIAKI HOiS 06 04 01 WED 1106 M 07.06.01 THU KUAU SIAKI IIO7S 07.06.01 THU IIO7N M.06.01 FM KUAU SIAKI HOPS 0106.01 SAT UPON W. 06.01 SAT KUAU SIAKI HOIS 10.06.01 SUM HOW
      180 words
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      250 35 M ENG LIE SHIPPING CO PTE LTD I I 5M32M (10 Umi) Fax: 5330*31/*****60 Hi* mmooooot I VESSEL VOY SIN ETA SINETD DESTINATION Snot Central 09/01 05/07 06/07 Dumm/Perawono Union Slot 8 08/01 05/07 06/07 Jombi/K Tungkol Union Sim 47 05/01 07/07 08/07 BKK/LCB Ungul Joya 06/01 07/07 09/07 PRW/PKB
      250 words
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      596 36 ■vessel voysin maa sin I TIGER RHYTHM 903N 09-10/07 15-19/07 24-25/07 IMILDBURG 10N/01 13-14/07 19-22/07 27-28/07 TIGER SPEED 905N 16-17/07 23-26/07 31-01/08 TIGER BRIDGE 904N 20-21/07 26-29/07 03-04/08 I I TIGER METRO 906N 21-22/07 27-02/08 06-06/08 I TIGER RHYTHM 907N 24-25/07 30-02/08 07-08/08 IVESSE^^^VO^^SI^^^CA^^SI^^I TIGER CLIFF 032 08-09/07 15-17/07 25-26/07
      596 words
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      768 36 FREIGHT LINKS EXPRESS PTE LTD 51 Penjuru Road, 3rd Level, Freight Links Express Logisticentre, Singapore *****3 Tel: *****11 Fax: *****77 E-mail: flesin@singnet.com.sg Introducing Valencia MEDITERRANEAN Istanbul BARCELONA DIRECT SERVICE ALEXANDRIA GENOA Booking 267# 5565/4694/5535/5539/5541/5553/5569/5579/5562/5563 PROJECT SHIPMENT A HEAVYUFT CARGO (CONVENTIONAL A RORO) l«»ww«lh.-MWgi.W*tN>Wir L. fag—MrtMfflMi LOGISTICS A WAREHOUSING SERVICES ENQUIRY
      768 words
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      1029 36 M I I WLI CO a NO; *****M0000C WMsit* btta://pMMS.(M /WW J rm 1/ lllllES MAIN: TEL-02-221-1333 FAX: 02-271-5272 MWW CUSTOMS) SERVKL TIL 02-221-5596 FAX: 02-227-0190 9MMKt TONG JOO SWTfIWO PTI LTD E—* bootoqxatji.tom.q GNU 212*4 05/07 SHINUNI 1 2110 05/07 GUOO ***** 08/07 GUOO ***** 06/07 6IHUM 2116 00/07
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  • Page 37 Miscellaneous
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      123 37 Issued by Meteorological Service Sh^pore K Thunderstorm *L Showers q_. n Temperature °Cp/ Wind direction and speed in knots Ha,n Weather Cloudy Day c><3 Hazy Sea Conditions Wind speed symbols Slight < 12m O Full circle w/o line indicates calm or light and variable winds -i—»One half fleche represents 5
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