The Business Times, 30 July 2001

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Microfilm: NL23040
Total Pages: 38
1 38 The Business Times
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  • Title Section
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    20 1 THE BUSINESS TIMES MITA (P) 107/03/2001 Internet: http://business-times.asial .com.sg/ SINGAPORE V< v. s i,iw'-ij: 1 MONDAY, JULY 30, 2001 85C
    20 words
  • Article
    Lock icon MARKET SUMMARY
    69 1 STOCK MARKET INDICES Wfeek Change ST1 1.640.40 +2.32 SIMSCI FUTURES 19H.:{0 +3.20 BT-SRl 632.72 +4.62 KLSECOMP 646.3:1 -2.45 NIKKEI 11,798.08 -110.31 HAN<] SENG 12.182.17 -119.51 SET INDEX .301.09 -11.18 JAKARTA COMP. 447.38 -13.53 MANILA COM P. .1,363.34 -13.02 TAIPEI WP1 4.320.59....+100.26 SEOUL (X)MP. 541.13 +3.42 SHENZHEN B 291.40.
    69 words
  • Article
    Lock icon FINANCE
    80 1 FOREX RATES us$ s$ US$ (SS per US$) 1.799 £(l'S$/S$ per S) 1.426 2.565 0.876 1576 DM 2182 1.241 YEN 123.9 68.90 RM 3.800 1112 HKS 7.800 4.336 BAHT 45.62 25.36 RUP1AH 5,533 S$ to 1W) units PRIME RATES SINGAPORE* 5.80 KUALA LUMPUR 7.67 JAKARTA 39.00 BANGKOK.. ...9.50 MANILA
    80 words
  • Article, Illustration
    Lock icon Early turnaround signs in business survey
    658 1  -  i ■exclusive Pessimism prevails but indices in latest CBRD survey falling slower than in Q1 By\ Eugene Low [SINGAPORE] Pessimism among Singapore companies is widespread after a limp second quarter, but there is a glimmer of hope that the economy might be turning around,
    Source: CBRD  -  658 words
  • Article
    Lock icon Liquidity flowing back to some Asian nations
    533 1  -  From Neil Behrmann in London AN increase in global liquidity points to an upturn in equity markets in the second half and to a revival among the major and Asian economies by early 2002, according to Crossßorder Capital, a London firm that monitors
    533 words
  • Article
    Lock icon OUB tops in efficiency ranking, says NTU study
    849 1  -  l iiexclusive I With UOB in No 2 spot, it's 'correct candidate' to take over OUB, says study leader By Anna Teo [SINGAPORE] The profitability of Singapore's five local banks as measured by conventional financial ratios like ROE (return on equity) does
    849 words
  • Article
    Lock icon Japanese exit polls point to safe majority for Koizumi
    443 1 He promises concrete steps in his reform agenda Bloomberg, Reuters JAPANESE Prime Minister Junichiro Koizumi's coalition won a safe majority in yesterday's Upper House election, media said, signalling voters are willing to bear higher unemployment and years of slow growth Mr
    Bloomberg,; Reuters  -  443 words
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      249 1 BT Comment P I I 1 v R IPT "1* nu- Keeping up refresh button on China I II Vikram Khanna, Next Page V with the BL f J Klpw j Stocks; No bargains V** llc R Sivanithy, Pg 6 J Economy m Back Page HK, S'pore: Changing fortunes w
      249 words
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  • NEXT page
    • Article, Illustration
      Lock icon Pressing the refresh button on fast-changing China
      752 2  -  -1 comment ECONOMICS It's time to nurture au academic community able to do quality research on the Asian giant vikram khanna TRADE and Industry Minister George Yeo said in Parliament last week that you need to press the refresh button on China every
      752 words
    • Article
      Lock icon M'sian corporate clean-up pays off
      886 2  -  Govt drive to regain investor confidence impresses analysts From] Eddie Toh in Kuala Lumpur IT may take a while yet for Malaysia Inc to be a paragon of corporate governance, but the earnestness shown by the authorities and the speed of change of late is
      886 words
    • Article
      Lock icon AFP directors to meet SIAS on minority concerns
      423 2  -  Investors seek SIAS help; board offers to dear the air By Vince Chong [SINGAPORE] Asia Food and Properties (AFP) directors are scheduled to meet with the Securities Investors Association of Singapore (SIAS) today to address minority shareholders' concerns about the company's financial
      423 words
    • Article
      Lock icon Correction
      69 2 IN the report "MMC: Tanjung Pelepas deal off as there was no Maersk nod" (BT, July 28), we reported that Seaport Terminals is controlled by the Johor state government. This is incorrect. A Seaport official has clarified that the company is 90 per cent owned by pri-vately-held Indra Cita.
      69 words
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      835 2 FIRST COMMERCIAL BANK j (Incorporated with limited liability in Taipei, Taiwan, R.0.C.) t j BALANCE SHEET STATEMENT OF INCOME as of December 31,2000 and 1999 for the years ended December 31,2000 and 1999 (NT532.992: US$l.OO) 2000 1999 2000 1999 NT$,OOO NT$,OOO I Assets Operating revenue I Currant Assets Interest income
      835 words
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      172 3 WORKS Of JUtT ir L< ->• tv v> j 0 i'y M A sf i' >? T ;V Georges Braque, Keith Haring, Untitled Two Birds Y 'r NSS \\V >» v S\r I MVJ!—J I 1 ■< N v I I I I > /st r id I V I\
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  • SINGAPORE companies
    • Article
      Lock icon Web of links unveiled as Inno-Pac battle nears
      796 4  -  exclusive] Retorts by\ Serena Ng THE run-up to dissenting shareholders' bid to oust In-no-Pacific's top three directors at its upcoming extraordinary general meeting on Aug 7 has thrown up an intriguing web of links. The list of 68 dissenting minority shareholders re-
      796 words
    • Article
      Lock icon Inno-Pac urges shareholders to back incumbents
      372 4 INNO-PACIFIC Holdings has made an impassioned plea to all its shareholders, urging them to vote wisely and appealing for their support for the incumbent board of directors. On a message at its website at www.ipht.com.sg and in a full-page advertisement in The Straits Times
      372 words
    • Article, Illustration
      Lock icon Why corporate boards lack power
      1273 5  -  l-ii exclusive I The CEO is the person standing in the way of directors, leadership expert Jay Conger tells AMMA TEO ANNA TEO THE verdict's out company directors still aren't as powerful as they could be, and corporate boards, overall, not too effective. And at
      1,273 words
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      994 4 E&a Banque Internationale a Luxembourg Head Office: 69 route d'Esch, L-1470 Luxembourg Singapore Branch: 9 Raffles Place, #22-01 Republic Plaza, Singapore *****9 Balance Sheet Profit and Loss Account As at December 31,2000 For the year ended December 31,2000 2000 1999 2000 1999 Assets EUR '000 EUR '000 EUR '000 EUR
      994 words
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      1285 4 BNP PARIBAS PEREGRINE BNP PARIBAS PEREGRINE (SINGAPORE) LTD (Wholly-owned subsidiary of BNP Paribas S.A.) (Incorporated in the Republic of Singapore) for and on behalf of EES GES INTERNATIONAL LIMITED (Incorporated in the Republic of Singapore) CONDITIONAL OFFER FOR ELTECH ELECTRONICS LIMITED (Incorporated in the Republic of Singapore) DECLARATION THAT OFFER
      1,285 words
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      22 5 Citibank Harvest. Find out how you could harvest a million dollars. Call (1800) 333-9000 or refer to today's advertisement for more details.
      22 words
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      248 5 A C S« v~ k 7 INSTANT,,,, :s \< ri/<>\ i/ i i ih i I' it i I lin 11 in ii s h'l/'ll />./', I'i-.i.i' S UHUt r l I irfmii Office v .11 vI I 11 ,i *a lift 11 i i n;. ill ii imi iii
      248 words
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon No bargains to be had since expectations are still weak
      625 6  -  I-I I comment STOCKS r. sivanithy m ARGAIN-hunt-m ing" and "profitW W taking" are two of the mo9t commonly used terms to describe I what happens in J the stock market. When readers or listeners come across "bargain-hunting" for instance,
      625 words
    • Article, Illustration
      Lock icon Untitled
      1240 6 Stock* Volume UniFood HK25c 83,724,000 Fu YuMfg 10c 73,951,000 SingTel 15c 36,367,000 TianjinZhong 32,711,000 Golden Agrl US10c 31,868,000 PNEIndlOc 30,903,000 Lankom US2c 29,532,000 Flextech15c 28,585,000 TPVUS1C 27,990,000 NOL 24,525,000 8lock» > OUB 142,745,080 DBSGrp 111,666,217 UOB 87,561,898 DatacrafMOc 75,994,386 Chart Semiconductor 26c 75,502,150 SingTel 15c 65,103,399 OCBC 54,972,250 UniFood HK25c
      1,240 words
    • Article
      Lock icon Market Notices
      139 6 ♦KEPPEL Capital Holdings will go ex-dividend (interim dividend of 4 cent) on Sep 13. Last day for buying-in on a com basis is Sep 18 and date payable is Oct 1. ♦POWERMATIC Data Systems Ltd will go ex-dividend (first and final dividend of 0.50 cent tax exempt) on
      139 words
    • Article, Illustration
      Lock icon Flairis Tech wrt: saving grace lies in time factor
      192 6  -  WARRANT WATCH By R Sivanithy UNDER normal circumstances, a share price movement like the one depicted in the accompanying graph would make for very interesting viewing. This would be because it clearly shows that the stock in question has been bashed
      192 words
    • Article, Illustration
      Lock icon No compelling reason to buy Stats
      229 6  -  HOT STOCK By Ven Sreenivasan ST ASSEMBLY Test (Stats), which has been stuck in a long-drawn declining channel, is showing signs of bottoming out. The stock closed a cent up at $1.53 last Friday. A total of 944,000 units changed hands, compared to its
      229 words
    • Article
      Lock icon Rupiah recovers in mixed week for Asian currencies
      533 6 AFP [HONG KONG] Many Asian currencies recorded gains last week, notably the rupiah as Indonesia's leadership crisis was resolved, while others hovered in limbo and the yen drifted downwards. Japanese yen: The yen edged down against the dollar as investors waited for
      AFP  -  533 words
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  • SINGAPORE news
    • Article
      Lock icon Bankruptcy petitions up 17% in H1
      362 7  -  =J on the economy bankruptcy petitions By' Vince Chong THE declining economy has taken its toll on individuals but the effect on companies appears yet to be reflected judging by the number of bankruptcy petitions filed. The number of individual bankruptcy petitions filed in
      362 words
    • Article
      Lock icon NE condo prices dip 10% in biggest individual fall in Q2
      367 7  -  By' Vince Chong CONDOMINIUM prices in the north-east region covering areas such as Sengkang, Hougang and Serangoon suffered the highest individual drop of 10 per cent in the second quarter, latest figures from the Urban Redevelopment Authority (URA) show.
      367 words
    • Article, Illustration
      Lock icon Takashimaya H1 profit down 50%
      662 7  -  t-ii exclusive Sales flat at $177 m; fall-year net profit forecast cut to $2m-3m from $6m Byl Kalpana Rashiwala HIT by the economic slump, Singapore's biggest department store Takashimaya saw flat sales of $177 million and a 50 per cent drop in profit in the
      CHRIS LOH  -  662 words
    • Article
      Lock icon Speed up building our own MNCs
      115 7  -  Kwek Sing Cher Singapore I REFER to your article "Feedback Unit calls for charter to preserve family rights" (BT, July 24). This suggestion will tie our hands and reduce our options. Have we forgotten that the world does not owe us a living? My
      115 words
    • Article
      Lock icon SMEs: have venture fund instead
      281 7  -  MAIL bag Teo Chwee Hock Singapore I REFER to your article "Set up bank to cater to SMEs: Feedback Unit" by Eugene Low (BT, July 25). This recommendation could be a result of being over-influenced by the recent mergers of local banks. If the issue
      281 words
    • Article
      Lock icon Clarification needed on off-Budget rental rebates
      119 7  -  Chew Keng Seng Singapore IN the recent off-Budget measures, one aspect of the rental rebates needs clarification. The statement mentioned that JTC, HDB and CAAS will give rebates to the tenants. But presently, JTC and other statutory bodies have in their tenancy agreements automatic
      119 words
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      306 7 I NOKIA Connecting People Sales I oi -'•iliH^^^^l f Stocknews.com v>|a|^MMMMMMMWMMWMBMWWWMMMM Report video m wHßwapg?!S.:».: The new Nokia 9210 Communicator. Always ahead of the game. Why talk tough in the boardroom when you can leave people speechless with the latest Nokia 9210 Communicator. Impress them with the following features: WAP
      306 words
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  • BIZ woman
    • Article
      Lock icon Still inhospitable after all these years
      1026 8  -  Women working on Wail St make many personal sacrifices but find it difficult to get ahead, writes rbhd iWffJKW RHHD ABHLSON NYT WOMEN on Wall Street have a hard time arguing with the money to be made, but a survey released last week of
      NYT  -  1,026 words
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      125 8 N (www.hyundal-motor.com) I \JE/ 2032 FIFA Hi i r s >K- /v- j x' v v .< ■i" °'v-- V K *xy v .V- V < v' >■' > V* "v *V;-,... v., .V. v;V V f;: v:'' v ■fv;*- 5 I il $jv j sssx^ J .-1 >5,.. 'Eli
      125 words
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      30 8 QHj IlfttTein Lianhe Zaobao (Local I I travel agencies I I tap into I I China's I I outbound I I tourism I I *ifeifcfTfct I I I I nmmwmM
      30 words
  • Page 8 Miscellaneous
    • Miscellaneous
      Lock icon Page 8 Miscellaneous Column 1
      260 8 OBTFTIO CROSSWORD ACROSS pity It doesn't open (6) 1 Situation might change later in 6 Where machine operators get this football match perhaps (4, their recreation under cover (9, 2, 3, 6) 6) 9 Sort of action from a rare drug? 7 Examining what surgeon is do(9) ing to animals?
      260 words
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      686 9 V V w m I With Citibank Harvest, you could be a millionaire by investing just 10% of your income. Almost every Singaporean dreams of being a millionaire. earn, the less time you'll need to reach that millionaire mark. Jm^^H To have the ability to maintain a comfortable lifestyle for
      686 words
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  • REGIONAL news
    • LATE Briefs
      • Article
        Lock icon Thai PM to appeal against UK ruling
        40 10 Reuters [BANGKOK] Thai Prime Minister Thaksin Shinawatra said he plans to appeal a British court's decision which prevents a Thai financier, Pin Chakkaphak, from being extradited to face trial, newspapers reported yesterday. Reuters
        Reuters  -  40 words
      • Article
        Lock icon EON, Kedah Cement nod for deal
        62 10 Reuters [KUALA LUMPUR] Malaysian car distributor Edaran Otomobil Nasional (EON) and Kedah Cement (KCHB) have agreed to a reverse takeover of the cement company involving EON's banking arm. The takeover will involve the sale of KCHB's businesses and operations to parent Malayan Cement with
        Reuters  -  62 words
      • Article
        Lock icon Five Asian hotel groups form alliance
        56 10 AP [BANGKOK] Five hotel groups in Asia banded together on Friday to form the Asian Hotel Alliance (AHA). AHA includes Dusit Hotels and Resorts of Thailand, Taiwan's Landis Hotels and Resorts, Hong Kong's Marco Polo Hotel Group, Singapore's Meritus Hotels and Resorts and the
        AP  -  56 words
    • Article
      Lock icon M'sian banks slow to impose cap
      580 10  -  Some bankers are resisting Bank Negara's call to set individual shareholding limit at 10% From] Eddie Toh in Kuala Lumpur MALAYSIAN bankers are usually tardy when it comes to heeding the central bank's calls such that Bank Negara has had to wield a big
      580 words
    • Article, Illustration
      Lock icon Court likely to rule against Thaksin: report
      303 10 BANGKOK There may be enough evidence to suggest he benefited from share transfer AFP THAILAND'S Constitutional Court is "highly likely" to rule against Prime Minister Thaksin Shinawatra in the assets concealment case that threatens to force him out of office, a report said
      AFP; FILE PHOTO  -  303 words
    • Article
      Lock icon Megawati meets Hamzah on Cabinet today
      385 10 JAKARTA Reuters, AFP INDONESIAN President Megawati Sukarnoputri faces the first big test of her leadership this week by picking a Cabinet that will not only satisfy the interests of her coalition partners but also the financial community. After travelling around several provinces in recent
      Reuters,; AFP  -  385 words
    • Article
      Lock icon China Net portals start charging e-mail users
      596 11 HONGKONG Online advertising revenue proves insufficient even to pay the bills Reuters THE free lunch for many of China's 20-million-plus e-mail users is ending. Internet portals in China, desperate to turn their popularity into profits, are starting to charge for user services as
      Reuters  -  596 words
    • ASIA Notes
      • Article
        Lock icon HK Exchange Fund posts HK$16.5b loss
        101 11 Bloomberg [HONG KONG] Hong Kong's Exchange Fund, a war chest of foreign reserves used to defend the city's currency peg, posted a net investment loss of HK$l6.5 billion (Ss3.B billion) in the first half, mainly on its equity holdings. With the benchmark Hang Seng
        Bloomberg  -  101 words
      • Article, Illustration
        Lock icon Indian Air Force wooing talent
        59 11 AFP [NEW DELHI] A billboard advertising the Indian Air Force (lAF) as an attractive career option in New Delhi. The lAF has been been taking several image building measures to attract youth to join it after being hit with a serious deficit of officers and
        AFP  -  59 words
      • Article
        Lock icon BJP demands probe into mutual fund
        92 11 AFP [NEW DELHI] India's ruling BJP party on Saturday demanded a thorough probe by the government into investments by the country's largest mutual fund following a scam involving its top officials. It said the regulation of the entire financial sector must be revamped to
        AFP  -  92 words
      • Article
        Lock icon KMT vows to reform alter poll defeat
        69 11 AFP [TAOYUAN, Taiwan] Taiwan's leading opposition Kuomintang (KMT) party yesterday pledged to reform itself in the first party congress since it lost a 51-year grip on power last year. Lien Chan, chairman of what was Taiwan's founding party, who personally lost the 2000
        AFP  -  69 words
    • Article, Illustration
      Lock icon Hong Kong and Singapore: Changing fortunes
      854 11  -  lili comment HK STOCKS A BT reporter shares his thoughts as he returns to recession-hit S'pore after six eventful years in HK quak hiang whai THIS is my last column from Hong Kong after six eventful years in the territory. How fortunes have changed
      854 words
    • Article
      Lock icon Worsening Taiwan economy threatens hanks
      483 11 TAIPEI Plnnge in stock prices may worsen high NPL levels AFP TAIWAN'S weakening banking industry is coming under increased pressure as the island's economy takes a turn for the worse, making the sector more vulnerable to the danger of a domestic financial crisis, analysts say.
      AFP  -  483 words
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      1541 10 J M Union de Banques Arabes et Francaises Head Office: 190 avenue Charles-de-Gaulle, ***** Neuilly-sur-Seine cedex (Paris), France. Singapore Branch: 6 Temasek Boulevard, #25-04/05 Suntec Tower 4, Singapore *****6. CONSOLIDATED BALANCE SHEET CONSOLIDATED PROFIT AND LOSS ACCOUNT as at December 31,2000 for the year ended December 31,2000 2000 1999 2000
      1,541 words
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      1040 10 NOTICES To advertise call toll-tree 1800-741 1883 Fax No: 741 1298 THE COMPANIES ACT,(CAP 50) PAN-MALAYAN PHARMACY PTE LTD (In Vol. Liquidation) NOTICE IS HEREBY 6IVEN that the creditors of the above-named Company which is being voluntarily wound up are required on or before the Ist day of September. 2001
      1,040 words
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      22 10 11 m >V.'JL£!fy r ,<■ J The Straits Classified where Jf virtually every IJ home is f J at your I i ;>J|
      22 words
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      57 11 Ss6so j))))E? Non-Slop J/ y Yf FLIGHT :AI 401 EFFECTIVE 12 AUG 2001 J DEPART SINGAPORE SUN, MOM WED 0750 HRS I J ARRIVE MUMBAI SUN, MON WED 1020 HRS FLIGHT :AI 400 EFFECTIVE 11 AUG 2001 DEPART MUMBAI SAT, SUN a TUE 2300 HRS \f \Tj ARRIVE SINGAPORE SUN,
      57 words
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      16 11 Software you'll never outgrow INTEGRATED BSBBBBB 1 SOFTWARE I T:+65.250.3780 F: +65.250.3978 BUSINESS solutions E: echew@macola.com
      16 words
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      3496 12 I NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 LBEBW Landesbank Baden-Wurttemberg Head Offices: Stuttgart: P.O. Box 10 60 49 D-***** Stuttgart; Karlsruhe: D-***** Karlsruhe Schlossplatz 10/12; Mannheim: P.O. Box 10 03 52 0-***** Mannheim Singapore Branch: 25 International Business Park #01-72 German Centre, Singapore *****6 Consolidated
      3,496 words
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      99 13 An Exclusive Package Just For You. Be our So/mate for only US$ 115++* and enjoy a world of privileges such as 24 hour use of our Royal Service Lounge, late check-out until midnight and 24 hour cocktails and hors d'oeuvre. Other perks include free use of meeting rooms on the
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      1006 13 m 'o* it** Moscow Narodny bank limited INCORPORATED IN THE CITY OF LONDON SINCE 1919 Group Head Office, UK Office Registered Office 81 King William Street, London, EC4N 7BG. Singapore Branch 50 Robinson Road, MNB Building, Singapore *****2. CB Mosnarbank Limited Building 5, Ist Troitsky Pereulok 12, Moscow *****0, Russia.
      1,006 words
  • WORLD news
    • Article
      Lock icon Pirelli, Benetton team up to buy 23% of Olivetti
      483 13 MILAN The 7b euro offer will make them the biggest investors in the company Bloomberg PIRELLI SpA said yesterday it teamed up with the Benetton family to buy 23 per cent of Olivetti SpA, offering 7 billion euros (Ssll billion) to
      Bloomberg  -  483 words
    • LATE Briefs
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        Lock icon Metro to create up to 3,000 jobs: report
        123 13 Reuters [FRANKFURT] Germany's largest retailer, Metro AG, is expected to create between 2,000 and 3,000 jobs at its electronics units Media Markt and Saturn this year as it presses on with expansion, the magazine Computer Bild said. It said Metro, like Microsoft,
        Reuters  -  123 words
      • Article
        Lock icon Lloyds TSB loses online banking records
        71 13 Dow Jones Newswires [LONDON] UK Banking giant Lloyds TSB Group pic faces fresh controversy after discovering that transaction records for 1.6 million online banking customers were accidentally wiped out during the final stages of a major computer project, the Sunday Business reports. The bank
        Dow Jones Newswires  -  71 words
      • Article
        Lock icon Chinese tourists new big spenders
        107 13 AP [SYDNEY] Affluent Chinese tourists are the big new spenders in Australia's largest state, outspending visitors from Japan, tourism officials said yesterday. While Japanese visitors to Sydney and surrounding New South Wales state are still far more numerous, Chinese visitors are way ahead when it
        AP  -  107 words
    • Article
      Lock icon Coca-Cola is world's most valuable brand: report
      218 13 ATLANTA Bloomberg COCA-COLA Co, the largest maker of soft drinks, remained the world's most valuable brand for the third straight year, followed closely by software maker Microsoft Corp, according to a report by Omnicom Group Inc's Interbrand unit. Coca-Cola is spending an additional
      Bloomberg  -  218 words
    • Article
      Lock icon Lending to Turkey, Latin America down in Q1: BIS
      400 13 GENEVA Reuters LENDING by major international banks to Turkey and Latin America fell in the first quarter of 2001 as financial crises spooked lenders, data from the Bank for International Settlements (BIS) showed. Lending to Turkey, rattled by a financial crisis
      Reuters  -  400 words
    • Article
      Lock icon Fall in US profits poses risks for economy, stock market
      812 15 NEW YORK Average 17% fall in Q2 earnings raises fears US is moving closer to recession NYT FOR the first time in a decade, corporate America's profits are plunging, creating what some economists see as significant risks for the stock
      NYT  -  812 words
    • Article
      Lock icon ECB, BOE unlikely to change rates: analysts
      336 15 FRANKFURT Bloomberg THE European Central Bank and the Bank of England are both likely to leave interest rates unchanged on Thursday, even as European growth slows, analysts say. Only three out of 31 economists and investors surveyed by Bloomberg News said the ECB
      Bloomberg  -  336 words
    • Article, Illustration
      Lock icon AMP to review disclosure after queries from regulators
      311 15 Reuters [SYDNEY] AMP Ltd yesterday announced a review of its disclosure-policies following concern from Australian regulators about a series of analyst briefings the company made ahead of a surprise earnings warning late last Friday. AMP chief executive officer Paul Batchelor said regulators
      Reuters; REUTERS  -  311 words
    • Article
      Lock icon Air Canada fined over selective profit warning
      142 15 MONTREAL Reuters M. AIR Canada has been ordered to pay a total of Csl million in (551.17 million) in fines to the Ontario and Quebec securities commissions for giving select analysts a warning on profits via a telephone message > last year, according
      Reuters  -  142 words
    • Article
      Lock icon Dispelling the myth of stock options repricing
      448 16 Study finds it does not reduce executive turnover or improve a company's results NYT [NEW YORK] Investors' hard-earned money is not the only thing that has been lost since the technology stock bubble burst. Also gone is the credibility of a host of
      NYT  -  448 words
    • Article
      Lock icon Euro cheques, credit cards soon but cash is still king
      358 17 High bank fees force EU to propose measures to cut transaction costs AFP [PARIS] While more than 50 million people will soon carry euro cheque books and credit cards around the continent, cross-border payments may remain largely cash based unless
      AFP  -  358 words
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  • FINANCE & commodities
    • Article, Illustration
      Lock icon Untitled
      1330 14 SDIOAPOEE QOVERMMEMT SECURITIES DIPICATIVE PRICES AMP YIELDS Week ended Jul 27 Prict Mm Tw C— mfawtty C>4» vm rn Mm Tw Cmm mhrttf Cf VIM M OWw 2-YR 2.250 01-Apr-00 N*****0S 2.18% 2.15% 100.12 100.17 5 YR 3.250 15-M«y-02 H*****0X 3.07% 2.85% 100.35 100.55 7-YR 5.625 01-Jul-00 MX*****H 3.31% 3.30%
      1,330 words
    • Article
      Lock icon Oil prices stabilise alter Opec imposes third output cut this year
      873 14 COMMODITY Weeklyßoundup AFP [LONDON] Oil prices found a firmer footing last week after the Opec oil cartel cut output for the third time this year, to the dismay of consumer countries. But analysts were divided on whether the decision
      AFP  -  873 words
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      581 14 Where to wine, dine and entertain...^(§)££& M■ Giulio and Antonella don't always agree But for unique Italian "trattoria Style" cooking, there can be no argument. Bella Italia, 15 August 15 September The best of Italian "trattoria style" cuisine by chefs Giulio and Antonella. Pius fine Italian wines, jewellery and fashion
      581 words
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      48 14 Lunch: 12 noon 2.30pm Dinner 6.30pm 10.00pm Reservations: t±rfi^®=" 333 Orchard Road, Singapore *****7. 737 4411 Traditional Chinese flavours and aromas seasoned with perfection i < i f I I I Delectably Szechuan. C 57 M m laonai ooian Lml 3 The Wectm Plaza Call 431 6156 for reservations
      48 words
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  • Article
    Lock icon COMMODITIES
    1948 15 SICOM FUTURES Jul 27 RUBBER (futures closing at 5 JOpm) RSS 1 CONTRACTU ccntsAq) Clow Votome Open Month High Law Sett (tonnes) Interest Aug 01 106.75 Sep 01 106.75 Oct 01 108.75 Nov 01 109.75 RSS 3 CONTRACT (US cents/kg) Votome Open Month High Low Sett (tonnes) Interest Aug
    1,948 words
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  • STOCKS sgx
    • Article
      Lock icon Untitled
      2802 16 BONDS WARRAMTS M Ms rnm/ Expiry 1_J Vd M laMnte Inmt CM* b* MK 1MB Mi *m- fW» W t— W» (—»«> Wa (H) >nm»T UM 39.5 26 ASTIW*****1 29 1.5 937 29.5 26 28 29 27 26.4 1 16 ti 1.40 35 7.5 2.5 s AIITechV¥*****7 3 1 3
      2,802 words
    • Article, Illustration
      Lock icon US July jobs data to show slower layoffs
      602 16 SGX Derivatives Trading Weeklyßoundup AFX [WASHINGTON] US economic indicators to be released this week will show that nonfarm payrolls fell in July for the second straight month, but some economists said the downturn in the job market could be bottoming out as
      AFX; Source: SGX  -  602 words
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  • Article
    Lock icon STOCKSETTI
    8275 17 SOXBUMBOABP Gr Gr M Wl n-wk um vo. M J5£ £3 l!S hm. m. Cww S.U w- roam hw u» hw s*r cv fcfi__5*S5 MULTI-INDUSTRY 143 35 cAcmaSOc 41 +1 1314 42.5 38.5 41 41 5 05 19.9 0.6 103 711 41 41 8 c Alliance Tech 12 7
    8,275 words
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  • LEADERSHIP series
    • Article, Illustration
      Lock icon Keeping up with the New Economy
      1711 18  -  Caltex CEO Jock McKeozie tells lohhuxydt bow the oil giant is tapping the Internet and what moving the global HQ to S'pore taught him LOH HUI YIN Suggest to jock McKenzie that his company is staid and Old Economy, and you can be sure
      RICHARD CHNG  -  1,711 words
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      95 18 v > V r -'y -5 4 Walls have ears. That is why we kept them so far apart* > w V.>: C> «iu <» THE ASCOTT GRO V r Seeking (complete privacy and discretion? Envelop yourself in exceptionally spacious residences with 24-hour personalised service. luxury serviced resimnces CENTRAL RESERVATIONS.
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      5 18 wh nil: ascpttc;roi t j
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  • BIZIT
    • Article, Illustration
      Lock icon Chartered's US$1b war chest
      838 19  -  exclusive Singapore-based Chartered Semiconductor Manufacturing has sizeable cash and credit reserves to help it weather the slump till next year, its chief financial officer Chia Song Hwee tells davd boby DAVID BOEY CHARTERED Semiconductor Manufacturing, the world's third-largest maker of customised computer chips, has kept a
      838 words
    • e Biz Infrastructure
      • Article, Illustration
        Lock icon How to get your MWR to work for you
        1235 21  -  A surprising number of commercially-oriented websites don't have a clearly-defined MWR, or Most Wanted Response, david hob explains why you need it DAVID MOK The writer is CEO of Internet consultancy MyEwizard.com. IF YOU could name one crucial feature that is
        1,235 words
      • Article
        Lock icon Largest Linux lineup
        399 21  -  100 Linux nodes have been installed by the Institute of High Performance Computing and the Singapore-MIT Alliance By\ Raju Chellam SINGAPORE now has the largest Linux-based installation with 100 nodes in two clusters—at the Institute of High Performance Computing (IHPC) and the Singapore-MIT Alliance (SMA). According to
        399 words
    • Article, Illustration
      Lock icon Lead-free semiconductor products on the way
      481 22  -  Infineon Technologies, Philips Semiconductors and STMicroelectronics plan to introduce such components by the end of this year, rajucbeuam has the details RAJU CHELLAM EUROPE'S three largest semiconductor manufacturers Infineon Technologies, Philips Semiconductors, and STMicroelectronics have proposed the world's first initiative to eliminate lead from
      AP  -  481 words
    • Article
      Lock icon 'We challenge our input costs'
      352 22  -  Chartered owns four fabs and runs another two nnder joint ventures, all of them located in Singapore By: David Boey THE recovery plan put in place at Chartered Semiconductor Manufacturing does not include major upgrades for its older wafer foundries. "We currently do not have
      352 words
    • Article, Illustration
      Lock icon Have we hit semicon bottom yet?
      1161 22  -  Despite some optimistic predictions, indications are that recovery and eventual growth of the industry could be delayed ivan goh The writer is a senior engineer with a leading ICfoundry; he worked previously with a major DRAM fab. THIS seems to be one of the
      1,161 words
    • Article, Illustration
      Lock icon Are telcos taking on a credit card role?
      866 23  -  liicomment INFOTECH In some countries sucb as Germany for Instance this does not matter, since some telcos there already have banking licences. Bnt In Singapore, are telcos stepping Into a grey area? tang weng fai The writer isaßT Correspondent CONSIDER this scenario:
      866 words
    • IT TAKES
      • Article
        Lock icon Wireless broadband at NDP
        48 23 THE National Day Parade (NDP) this year will use a wireless broadband network for communication and coordination at the various NDP command centres. This network is designed and set up by Singapore-based Bluengine Holding Pte Ltd, using technologies from Cisco Systems and Microsoft Corp.
        48 words
      • Article
        Lock icon Kopitiam, Linksys tie-up
        67 23 SINGAPORE'S Kopitiam Group of Companies ana Linksys Group, a US-based network technology company, have tied up to provide wireless broadband access at Lau Pa Sat Festival Market. The Internet infrastructure is provided by Singapore's Axtreme Nexus Pte Ltd. Users need to buy a $199 Linksys LAN card,
        67 words
      • Article
        Lock icon SunGard's Mint at SGX
        42 23 US-BASED SunGard Business Integration, which provides solutions for financial services, said that the Singapore Exchange has deployed its "Mint knowledge family of integrated solutions". SGX will use these solutions for both SWIFT connectivity and Enterprise Application Integration solutions.
        42 words
      • Article
        Lock icon Achieva to distribute Infineon products
        46 23 MAI NBOARD-LISTED Achieva Ltd, a vaiue-aaaea distributor and solutions provider, has been appointed as distributor by Infineon Technologies Asia-Pacific for the Asean region. Achieva will market Infineon's integrated circuit solutions in communications and peripherals, wireless products, and automative and industrial applications.
        46 words
      • Article
        Lock icon Psion Asia-Pacific set-up
        48 23 UK-BASED Psion Pic has upgraded its representative office status to full office operation here, by setting up Psion Asia-Pacific Pte Ltd with two divisions —Psion Teklogix and Psion Digital. Psion Asia-Pacific and Psion Teklogix will be headed by Geoff Kell; Psion Digital by Charles Cousins.
        48 words
      • Article
        Lock icon Wipro's regional HQ here
        39 23 INDIA-BASED Wipro Infotech, a division of Nasdaq-listed Wipro Ltd, has set up its Asia-Pacific HQ in Singapore, headed by Tapan Bhat. Wipro Infotech is one of two IT divisions of the US$66O million Wipro Ltd.
        39 words
      • Article
        Lock icon Sesami's new appointment
        33 23 SESAMI Inc, a 828 commerce services provider, has appointed Lai Yew Yeng as sales director for the Asean region. Mr Lai was previously regional business manager at Rational Software Corp.
        33 words
      • Article
        Lock icon New Skies' new appointment
        33 23 NETHERLANDS-BASED New Skies Satellites, a satellite communications firm, has appointed Ng Chin Hock as director of media solutions for Asia. Mr Ng was previously director with Singapore Technologies Teleport.
        33 words
      • Article
        Lock icon Competitive intelligence exposition
        32 23 A THREE-DAY "Competitive intelligence Asia conference and exhibition" will be held from today at the Grand Hyatt Hotel. It is organised by Frost and Sullivan. For details, visit conferences.frost.com/conferences.
        32 words
      • Article
        Lock icon Globalisation for e-biz forum
        33 23 A FORUM titled "Globalisation for e-business and lessons learnt" will be held on Wednesday at the Merchant Court Hotel. It is organised by landl Asia. For details, e-mail laychintanfajandiasia.com.
        33 words
      • Article
        Lock icon Stay ahead of the curve
        37 23 A BREAKFAST seminar on "Staying ahead of the curve" will be held on Aug 7 at the Marina Mandarin Hotel. It is organised by eAngelz. For details, visit www.eanglez.com or fax *****08.
        37 words
      • Article
        Lock icon E-innovation 2001
        32 23 A TWO-DAY exposition on "e-innovation 2001" will be held from Aug 6 at the NUS Central Forum. It is organised by NUS Science Computer-Based Learning Centre. For details, fax *****07.
        32 words
      • Article
        Lock icon New Era of IT
        46 23  -  Compiled by Leo Kee Chye A SEMINAR on "New era of IT" will be held on Aug 18 at the NUS Lecture Theatre 31 at the Faculty of Science. It is organised by NUS Science Computer-Based Learning Centre. For details, fax *****07.
        46 words
    • Article
      Lock icon Why LBS requires a killer application
      160 23  -  Lai Khai Khuen director of business development (Asia-Pacific), Maptuit Corp THIS refers to the commentary, "Why location-based services require a killer app" by Andrew Wee (BizlT, July 23, page 4). Congratulations on your well-written article and your insight into what makes LBS (location based
      160 words
    • Article
      Lock icon Dell criticises Taipei for lack of business links with China
      293 23 NYT [HONG KONG] In a sign that Taiwan's political standoff with China is starting to alienate its corporate customers, Dell Computer has criticised the reluctance of the authorities on Taiwan to establish direct trade and transportation ties with the Chinese
      NYT  -  293 words
    • Article
      Lock icon Legend PC sales surge as Asia feels the pinch
      225 23 Reuters [HONG KONG] Top China computer maker Legend Holdings' PC unit shipments in Asia rose 44.5 per cent in the April-June quarter from a year ago, but the area is not immune to global PC doldrums, a research group said. Legend
      Reuters  -  225 words
    • Article, Illustration
      Lock icon Aiwa shuts down R&D division here
      343 23  -  The restructuring has led to 250 out of 300 employees losing their jobs late last month in Singapore By- Leo Kee Chye AIWA Sales Singapore has shut down its R&D division in Singapore, laying off 250 staff. Aiwa said this exercise was completed in
      343 words
    • KNOWLEDGE management
      • Article, Illustration
        Lock icon EIP:the key to strategy?
        1243 24  -  The global market for enterprise information portals will double to USs3.69b this year. More companies here are opting for pilots rather than enterprise-wide roll-outs, reports valchua VAL CHUA AS THE global economy becomes knowledge-based and not just information driven the management of knowledge assets, such as
        1,243 words
      • Article, Illustration
        Lock icon Data privacy trustmark launched
        264 24  -  CommerceTrast aims to reach oat to at least 1 9 000 e-commerce firms within its first year By Chen Huifen THE first data privacy trustmark in Singapore was launched last week by Commerce Trust Limited. Called "Privacy Trust", the trustmark will act as a seal of
        264 words
    • Article, Illustration
      Lock icon AOL seeking computer makers to place software on PCs
      498 25  -  Move follows failure of talks with Microsoft to add America Online to Windows ZP By Aimee Picchi Bloomberg [NEW YORK] AOL Time Warner Inc is seeking agreements with computer makers to display America Online on news PCs after talks with Microsoft
      Bloomberg  -  498 words
    • Article
      Lock icon Hedge fund message caused fall in shares: PeopleSoft
      177 25 Bloomberg [PLEASANTON, California] People Soft Inc, which lost about US$l.67 billion in market value in two days last week, said a message sent by a hedge fund may have caused its share price to fall. The software company said it gave the
      Bloomberg  -  177 words
    • Article
      Lock icon Battle for control of Computer Associates heats up
      365 25 Reuters [NEW YORK] The struggle for control of Computer Associates International Inc, the world's No 4 software maker, is becoming as much a battle for the hearts and minds of the company's employee shareholders as for outside investors' support. In filings last
      Reuters  -  365 words
    • Article
      Lock icon Samsung expects US$5b non-memory sales by 2005
      235 25 It plans to upgrade these chips for use in mobile handsets and smart cards, says Yonhap Reuters [SEOUL] South Korea's Samsung Electronics will beef up non-memory chip operations, aiming to reap US$5 billion from the sector by 2005, because of falling memory chip
      Reuters  -  235 words
    • Article
      Lock icon Short circuit in Japan's hi-tech industry
      423 25  -  Profit warnings indicate the sector's giants have crumbled under the weight of the global slump By] Deborah Haynes AFP [TOKYO] A year ago, Japan's technology sector offered the world's second largest economy a glimmer of hope for recovery, but recent profit warnings indicate the
      AFP  -  423 words
    • NET impact
      • Article, Illustration
        Lock icon 3i bullish about Asia investments
        643 26  -  FTlexclusive Apart from its own funding ventures, 3i also has a joint fluid with Singapore's Technopreneur Investment Fund, known as the Asia-Pacific Technology Fund. tap wt-en finds out more YAP WY-EN UK-BASED 3i Group Pic, an international VC firm, hopes to invest more than US$BB
        643 words
      • Article, Illustration
        Lock icon Easier trapezing with Acrobat 5.0
        343 26  -  The new version offers tighter web integration, and support for standard protocols such as ODBC and XML By] Raju Chellam CREATING, moving and publishing your files, charts and reports across the web just got a wee bit easier with the release of Acrobat 5.0, the
        343 words
      • Article, Illustration
        Lock icon Ericsson's first GPRS phone is here
        342 26  -  The T39m supports high-speed circuit switch data and comes with a calendar, address book and other features By Chen Huifen ERICSSON Telecommunications Pte Ltd last week launched its first GPRS (General Packet Radio Service) mobile phone here. Called the T39m, it costs $488, is
        342 words
      • Article
        Lock icon Integrated security services from Cisco
        292 26  -  Singapore's Cisco Computer Security has tied up with three other firms to offer a new solution to fight cybercrime By Leo Kee Chye SINGAPORE'S Cisco Computer Security has tied up with three firms Australiabased Vectra Corp, US-based New Technologies Inc, and Singapore-based e-Cop.net Pte Ltd
        292 words
  • Page 19 Advertisements
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      Lock icon Page 19 Advertisements Column 1
      51 19 TOP STONES How to get MWR to work for you Pg3 Lead-free semicon products soon Pg4 EIP could be the key to strategy Pg« 3i bullish about Asia investments PgB COMMENTARIES Ivan Goh: Have we hit semicon bottom yet? Pg4 Tang Weng Pal: Are telcos taking on credit card role?
      51 words
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      Lock icon Page 19 Advertisements Column 2
      160 19 *We diallwiffi our input costsPg 4 f J ,Jk»k PROTECT YOUR BUSINESS EMPIRE with the 10GB or 20GB Peerless™ Drive n lit lomega® Peerless™ A high-capacity removable storage system like no other. Check out these unrivalled Peerless™ features: i Ground-breaking Capacity -10 20GB of removable storage 1 Superb Versatility Interchangeable
      160 words
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  • Page 20 Advertisements
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      Lock icon Page 20 Advertisements Column 1
      383 20 <K; > s 4-v< <w<W ,a—-. :*y >:■-'» **V~ .I*,'. t" &ST i fc* .c < /r%. > -.'"> ,v>\'iA'^' v ..:.cjgfc« **V a*a Z 8|» V0- L v*' i 4» v 5 ls§§&fe IfIW- /•>• '4t uV* i a >f<4v- w» s»*. **.#*»*!s*» ;*»n v JJ'S w e*M I
      383 words
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  • Page 21 Advertisements
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      230 21 —j— M j I j jf Hi Answer to receive a consultation on the state of |2 in If your jpg|p£ JM> bjR l tj-lAy all nine questions together at our website. Two I |f'9 b0 I Now you can enter the world of e-business without having to manage the
      230 words
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  • Page 22 Advertisements
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      Lock icon Page 22 Advertisements Column 1
      70 22 -j* wfwtitt 5 NEC MultiSync LCD Monitors 5 S(im. 6o*> -weight Sc 1 space reduction aver CRTs I I eX\l Qood-Cooking, bright, colour saturated images *MBTI K*l»_ WWW Suggested. Jk Jk H Tfte Tirst Isfame in LCD 'Monitors. 0 I-/ w V Ll/l'V* from $799 (incfudes QST) l»»8ln»t1on. NEC Singapore
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  • Page 23 Advertisements
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      Lock icon Page 23 Advertisements Column 1
      407 23 Wc welcome letters- Please e-mail us at bizft@sph.com.sg. Note that we reserve the right to select letters for publication and to make editing changes. The best way to share documents online $459 What good is a document you can't open? Convert business plans, spreadsheets, graphically rich brochures, and Web sites
      407 words
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  • Page 24 Advertisements
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      Lock icon Page 24 Advertisements Column 1
      219 24 Knowledge "V" Management A FREEDOM TO SHARE 0 THE DOCUMENT COMPANY t FUJI XEROX See out of the box. ayynPyj Copiers, scanners, printers, multi-functions are IT applications that effectively capture, store, distribute and retrieve knowledge without the use of PCs. AiSIS Impossible? Not when they have the capability to become
      219 words
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      Lock icon Page 24 Advertisements Column 2
      3 24 XFUJI XEROX I
      3 words
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      Lock icon Page 25 Advertisements Column 1
      51 25 It way of thinking to achieve |Sk in networking. vrrll^*Z^r! Cail Now! 1800 799 8585 Email; salosenq@cmsxanonxom.bg 2400 >ipi r«*%olutt«>n Nftwork Scanning "~x -v. > v > v. r\ V" Cano"' Sngapo'f' Pit:i M .;«>'• Ks;v>;; ?..-r,v Ws Vi T«.'.»i OW* $ins(>frre WiVfi i hhhh f *>r ??JVH7 www w«
      51 words
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      192 26 business on the net with ifflt > r K CSA ffSSSS? cJszr» SJJdi r Lsjaaai, sISLs !ESS!£!* www.sun.com.sg Call 1800 FONE SUN (3663 786) for more Information. take It to the n* V JW] SUN MICROSYSTEMS PTE LTD 1 Magazine Road. #07-01/13, Central Mall, Singapore *****7, Tel: (65) 438 1888,
      192 words
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  • SHIPPING TIMES
    • Article
      Lock icon SHIP SALES
      292 27 Contributed by Simpson Spence Young THE market continues to have a lethargic feel about it, with very little in the way of mainstream tonnage being sold in either the dry bulk or tanker sectors. Vessels sold for farther trading BULK CABBIEBSt ♦Anna: 65,077 tdw bit 5/81 Nippon Kokan
      Contributed by Simpson Spence & Young  -  292 words
    • Article
      Lock icon MARITIME STOCKS
      293 27 SCX 100 MZ1 S$ HI CWT Distribution 0.55 unch 0 ChuanHup 0.33 0.01 121 Cosco Investment 0.22 unch 215 Freight Links 0.06 -0.01 5 OB Holdings. 0.51 unch 0 IMC HokHngs-HK 5.60 unch 0 Jaya Holdings 0.15 -0.01 610 Keppel Corp 3.64 unch 1602 Keppel FELS 119 unch
      293 words
    • Article, Illustration
      Lock icon APL gets set for trade boom in Vietnam
      537 27  -  US will soon pass bilateral trade accord with Vietnam By I Beth Jinks [SINGAPORE] APL's early Vietnam gamble looks set to pay off as the container carrier gears itself for a trade boom expected to flow on from the looming VietnamUS bilateral
      FILE PHOTO  -  537 words
    • Article
      Lock icon Daewoo chief quits after convictions
      132 27 [SINGAPORE] Daewoo Shipbuilding and Marine Engineering president and chief executive Shin Young Kyun resigned on Friday after he was given a suspended three and a half year jail term for his corruption charge convictions. Mr Shin's resignation was inevitable following the scandal, a spokesman told
      132 words
    • PORT Shots
      • Article
        Lock icon Marseilles port seeks terminal partner
        86 27 {SINGAPORE] The southern French Port of Marseilles Authority is searching for a partner to operate its planned Fos 2XL container terminal and PSA Corporation is believed to be interested. Due for completion in 2004, the terminal will be developed as an intermodal transhipment hub boosting
        86 words
      • Article
        Lock icon Korea to raise port charges
        97 27 {SINGAPORE} The Korean Ministry of Maritime Affairs and Fisheries plans to raise its port facility charges by 5 per cent and introduce a graded levy system to replace its flat fees in October. Designed to boost revenue from 199 billion won (5J274.62 million) to 220
        97 words
      • Article
        Lock icon Expansion plan for South Harbour
        80 27 Bloomberg EM ANILAI Asian Terminals Inc, operator of South Harbour, one of Manila's two international ports, said it is investing 900 million pesos (553G.24 million) in the next two years to expand capacity. Asian Terminal president Richard Barclay said the investment includes the recent purchase
        Bloomberg  -  80 words
    • Article
      Lock icon S'pore ship pays 1m pesos to clean up Davao oil spill
      257 27  -  Bl Beth Jinks [SINGAPORE] Owners of the Singapore-flagged container ship involved in a collision which sank another vessel in the Philippines last week have agreed to pay for the cleanup, coast guard officials said. A spokesman from the Philippine
      257 words
    • Article, Illustration
      Lock icon Work on PSA's Incheon terminal begins
      427 27  -  USs2oom venture being developed jointly with Samsnng By Beth Jinks [SINGAPORE] Work has begun on the first phase of PSA Corporation's new joint venture Incheon Container Terminal in South Korea. The US$2OO million joint project with Korea's Samsung Corporation is being developed 30km from
      427 words
    • Article
      Lock icon Global slowdown hits containerships
      469 27 Trans-Pacific trade seen worst affected as volumes, rates dip Reuters [LONDONJ The giant containerships, which act as a floating conveyor-belt for international trade, are struggling to maintain volumes in the face of the global slowdown, shipping analysts said. "The continued recession environment will act as a
      Reuters  -  469 words
    • SHIPPING news
      • Article, Illustration
        Lock icon New guide covers care, maintenance of hatch covers
        640 28  -  DOCKYARD By] David Hughes BY value, about a third of all large cargo insurance claims relating to dry bulk carriers and general cargo vessels can be traced back to hatch cover leaks. Your correspondent didn't know that and has a shrewd suspicion
        640 words
      • Article
        Lock icon ITF threatens worldwide action against Kaliningrad
        217 28  -  By: David Hughes [LONDON] Port unions world-wide could take action against ships trading to the Russian port of Kaliningrad as an increasingly bitter docks dispute drags on. ITF-affiliated dockers' unions have pledged worldwide solidarity action against the port administration. The ITF has accused Kaliningrad
        217 words
      • Article
        Lock icon Call to tackle EU crew shortages
        88 28 [SINGAPORE] The European shipping community has been urged to take a more unified approach to stem the growing problem of local crew shortages in a new report by the European Commission. The seafarer training and recruitment paper showed the number of European Union (EU)
        88 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      282 28 PACE Ahrenkiel 10 Appensftip 5 Assets 5 Austral 6 Avant 10 B'tanq Mas 6 BSA 7 BSC 9 BTL 10 Balaji 4 Batamindo 9 Bayswater tO CCNI 7 CMACGM 3 COSCO 3 i Central Ex 6 Chahaya 10 China Shpq 5 Confer 10 Colony Loq 5 Cougar
      282 words
    • Article
      Lock icon SHIPPING GUIDE
      10698 34 THEBUSINESSTIMES Page 8 EXPORT MONDAY, JULY 30, 200 ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number To ABIDJAN (ABJ) 2003 Cote D'lvoire 06/06 02/09 KienHung KUOCHIA KU103S 65-*****33 06/08 14/09 Setramar VILLE DE SACITTA 387W 65-*****3] 07/08 12/09 COSCO YUAN HE 0087W 65-*****00 08/08
      10,698 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVEHTIONAL WHARVES
        588 37 Vessel Voy No Berth Arrival Departure Cec Future 1 JW 29/07/7:30 30/07/1*00 Jinhui 51 J» 29/07/7:25 30/07/2300 Ganda 3 04/0U J02 29/07/9:20 02/08/900 et Fa JUL-29 J01 29/07/1130 29/07/1800 Bt Mi JUL29 J01 29/07/11:45 29/07/1800 Bt Masita JUL-29 J01 29/07/1135 29/07/19:00 D Dotptim 09-JAN J02 29/07/12:45 29/07/19^)0 Azusa
        588 words
      • Article
        Lock icon CONTAINER SCHEDULES
        1944 37 RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO Booking/BoUncc Rstls Ship Voy No Etb/Btr Ptrtod Frow To From ACX DAHUA 0371 31/2*00 U 29/800 a/»99 a/1900 29/1500 29/1659 21/1900 a 29/1700 30/0659 30/D900 21 29/1700 30/0659 30/0900 3 30/0700 30/1B9 3Q/M00 4 30/1200 30/1499 30/1700 ARAMRM 45tS 31/5.-00
        1,944 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        185 37 August 1 Switzerland: National Day Aa|ut* Singapore: National Day South Africa: National Women's Day August 12 Thailand: HM The Queen's Birthday Angus* 15 South Korea: Liberation Day Switzerland: Assumption Day Spain: Assumption Day Belgium: Assumption Day France: Assumption Day Italy: Assumption Day August 17 Indonesia: Independence Day August
        185 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        759 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
        759 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        489 37 Carton 180 Max 990.5 0.5 15.6 0.11 44 0.04 MM Density Hater Residue Ask AtowMaw Sadtawnt Ho above £25 0 0 2 t 0 0 %HM 380 Ave 984.1 OJ 14.4 0.06 22 0.02 Inn 380 Max 991.2 0.5 18.3 0.11 SO 0.09 *W3 %w M/M
        489 words
    • AIR & LAND transport
      • Article
        Lock icon Airlines knew about clot risks 30 years ago: report
        401 38 It's claimed passengers weren't told about economy class syndrome AFP [CAPE TOWN] International airlines were warned about the dangers of "economy class syndrome" more than 30 years ago but failed to caution passengers, a report here said Saturday. The Cape Town-based
        AFP  -  401 words
      • Article
        Lock icon HK court rejects Cathay pilots' request for injunction
        326 38 Union wants to stop carrier from introducing new rostering practices Reuters [HONG KONG] A Hong Kong court threw out an attempt by pilots at Cathay Pacific Airways to block the territory's dominant carrier from unilaterally changing the terms of contract. The court
        Reuters  -  326 words
      • Article, Illustration
        Lock icon Washington challenges UAL's US$12.3b US Airways deal
        487 38 Bloomberg [WASHINGTON] United States anti-trust enforcers say they will sue to block UAL Corp's US$l2.3 billion (5522.1 biUion) acquisition of rival US Airways Group Inc, an action likely to scuttle the combination. The Justice Department, arguing the transaction would lead to higher fares
        Bloomberg  -  487 words
      • Article, Illustration
        Lock icon World economic slowdown will not impact SIA's fleet strategy
        659 38  -  S'pore carrier works on basis of a consistent sustainable growth From] Donald Urquhart in Seattle THE current economic slowdown would not have any impact on Singapore Airlines' fleet strategy and the airline would not adopt any knee jerk reaction to the
        659 words
      • Article
        Lock icon UK air traffic control in private hands
        304 38 Reuters [LONDON] Britain's air traffic control has moved into the hands of the private sector as the government completed a deal it says wUI ensure investment in the system but which critics say could compromise safety. A consortium of Britain's leading airlines on
        Reuters  -  304 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
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      31 27 Dockyard: New guide covers care of hatch covers Pg2 ■World economic slowdown will not Impact SU's rieet strategy BackPg Airlines knew about clot risks 30 years ago: report BackPg 1 www.maritimeChain.com
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      721 28 TO USA/CANADA ~1 I EXPORT I OTHER DESTINATIONS Ivesa 1 VOT 1 r«G InOUSKW |«rWs|CMo>6o|wWTqßl P~]| TOAUBTRAUA(AUBTBAUAABtAEXP«E^ 00G. NETHEtIANDS 30E31 31/07 I 01/01 I 17/01 71/01 72/01 77/01 77/01 75/01 Mfi ImuTl M hk I SYD IMa lAM OOG.MITAIN 44C37 07/ M I (M/OI I 74/W 71/01 71/01 71/W 71/01
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      648 28 lines services represented by Members of the Registry of Members of the Accredited Shipping Agents, S.ngopore Log.shcs x°£rijy Singapore Shipping Association ssociation comas? CONVENTKMAL CARGO ran KUNG/SMGAratt/IMUUm 1 BANGKOK vdy etapkl eta sin eta male PrtemwUh Mil tl/M IMS IMS EaipmK Uh *7») 27/W 2MB MM LIU MARINE SERVICES SINGAPORE
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      1393 29 TO EUROPE FROM EUROPE I VESSEL VOY SIN RTM ANR HAW WV SOU UH ||vESSfI VOY I RTM ANR HAM MV SOU IB\ W Art SARDONYX 102W 02/08 25/08 23/08 20/08 22/08 MOLTYNE S44C 10/07 12/07 14/07 15/07 01/08 MOIMOSEL S4OW 03/08 20/08 22/08 24/08 25/08 HYUNDAI ADMKAL 3331 15/07
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      2275 29 TO AOEN T/T; 10 MYS 1 VT JEDDAH T/T: 12 DAYS I AQABA T/T tl5 DAYS I GENERAL AGENTS IN SINGAPORE: SOROMNSON RDII2-00 SAJiS/WGS TEL *****57/43 FAX: 2M5321/71 MAUVSIA OFFICE MMWANG nL 07-*****66 FAX: 0M*****0 rACTAD CUIDDIMfi MTE ITU SINGAPORE *****8 OUTWARD (R/L) *****02 *****25/75 PORT KLANG 03-*****633 03-*****668 EITD
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      1311 30 SENATOR LINES TO EUROPE TO MHXXf EAST/IRAN/REP SEA VKSE VOT SIM UH «TM AIM HAM WV FIX YtSStl <0T SIN W DM IP IMC ratnKusauTM ooitw 31.07 17.00 if.o* 20.0* 21.0s 22.0* 23.01 fowaket ooisw 04.01 11.01 i«.o« itol i«.oo HAJUN MEMIN 0054W 0101 25.00 26.01 2108 24.01 24.00 AINOOF
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      840 30 WkJkM MAC-NELS S PORE M SIA Uk Carrier MN CONTR LINES, INC P. QUDANG: (07) *****26 I I~IV/V~J CKNOiiaWTMOOIIC SOU:(084)*****9 MAMLA:(832)*****24 PENANG: (04) *****36 BANGKOK: (862) *****57 SURABAYA: (31) *****11 P. KELANG: (03) *****77 JKT: (21) *****46 KUCWNO (082)*****1-3 NEW YORK T PIRAEUS MV "SOPHIA BRITANNIA" V.13E30 MV "PAO NEDLLOYD
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      591 30 WEEKLY EXPRESS SAILING SCHEDULE WESTBOUNO TO: COLOMBO NHAVA SHEVA (CFS MULUND, MUMBAI) ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICO POINTS VfSSB NAM VOY Is'POKI ICOIOMSOIN. SHCVA CONNECTING |cONNKTM(P vsms* vsl-cuboh INDfEXSQ SCIO7W 06 AUG It AUG 15 AUG INDAMEX NEW LISHASTCI rOR*»II2S VSS BAHAAAUN EXPRESS 007W 13 AUG II
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      1491 31 I VESSEL VOY KHH HKO SIN I PKI DXB BAB PMM BIK ~l IRAN TABATABAEI PCL-218 31/07 01/08 04/08 05/08 12/08 13/08 15/08 17/08 IRAN KERMAN PCL-219 07/08 08/08 11/08 12/08 19/08 20/08 22/08 24/08 IRAN ISFAHAN PCL-220 14/08 15/08 18/08 19/08 26/08 27/08 29/08 31/08 IRAN HORMOZGAN PCL-221 21/08
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      443 31 Loading for 1 Zl YUN SHAN ROM/ATW/BMNAJK/LPL I NAZLIG RDM/ATW/BMN/UK/LPL I TINA 1 RDM/ATW/BMN/UK/LPL I Loads Singapore. E7W. Malaysia. Indonesia J Loading for RAINIER DBI/ABU/DOH/BRN/DMM/KWT PISCES EXPLORER JDH/AQA/DMT AEGEAN SEA DBI/ABU/DOH/BRN/DMM/KWT AL QAWIYYU JDH/AQA RADIANT CANOPUS ADN/HDO/JDH HATIME ANA JDH/AQA •Loads Singapore, EVW. Malaysia Indonesia I Loading for I GEM
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      1406 31 HONGKONG/ SHANGHAI/ XWI6ANG/ QINGOAO lANGKOK/MAP TA PHUT/LAEM CHAiANG VESSEL VOY I SIN HKG SNA XGG TAO VESSEL VOT SIH IKK MttZ Lffl KAMA RHUM NO 11 06/08 11/08 14/08 17/08 20/08 M *****"" ITHA BHUM NOlB 13/08 18/08 21/08 24/08 27/08 (HANA BHuSf 184K 01/08 OS/08 JITRA BHUM NOI9 20/08
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      861 32 EUROPE/UK/SCANDINAVIA EXPORT vßsa/vwAfit scr l—lwc [BHvlir m I ih»~ jjunfoioMiiw ovob 2MB EVER GAJNNG 0949RW083 07/08 2MB 29/D8 31/08 IJUTCSBOW-OOWV 12/DB 3Q/Q8 01/W Wl maemanamm 17/ a oyw o?/w oihw EAST AND WEST MEDfTERRANEAN/BLACK SSA EXPORT VESSEL/VOYAGE I SGP TEA GNA EOS KM VIC IRS IJGIOBEOBIO-O9IW 04/08 18/081 23/06 25/08
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      409 32 ARABIAN HRSIAN OUBF/MMAN SUM OONTfNT ttRVKI IXPORT VESSEL VOYAGE SGP CMB DUB DMN KM NXV AKM JED AOB UNI PROMOTE 0676-006W 31/07 04/08 10/08 11/08 17/08 SONGHE OI6BW 03/08 14/08 16/08 20/08 UNI ASSURE 0017-024W 06/08 10/08- 16/08 18/08 20/08 UNI PREMIER 0677-004W 07/W 11/08 17/08 18/08 24/08 ZHUANGHE OI7OW
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      690 32 I^^ECU ufm 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 Johore Bahru Office Tel: (07) *****18 Fax: (07) *****62 INTRODUCING OUR WEEKLY CONTAINERISED SERVICE TO I ECU LINE SINGAPORE, LINKING THE WORLD JUST FOR YOU. I For
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      463 32 INDONESIA NATIONAL LINE TO AUSTRALIA I ci M i Mimiun m* WWWWBn WOTrKiC vs. wrr wo aw m w stp m m w ARMORY 40S >0/07 31/07 06/00 12/06 14/0S 17/00 POTSDAM TtT M/ 00 07/00 17/5 W/5 71/5 M/ 5 NTVPMX jjT 13/0114/00 20/00 2*/00 a/00 31/01 KNDADBAH «T
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      411 33 BSA x imuT MYANMA «BBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon VESSEL VOY SW PKL PEN PGU HPA-AN 289W SLD MONG U aW IN PT MALAYSIA AGENTS: BOUSTEAD SHIPPING AGENCIES KUL- TEL 03-*****300 PKL TEL 03-*****101 PEN: TEL 04-*****02 PGU: TH 07-*****21/4 BANK LINE (A swvkt Andrew
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      1208 33 HMNEHYUNDA^AERCHANTMAJHNECOj^^D^^^^^^ vKsa "voT~ "BT sou uh rai <w ~HjuT bbv vKsa vor sou uh hm "out ham "wv TB" MOL LORE 542W 27/07 17/08 11/08 12/08 14/08 JPiJijSL, «J/07 07/07 05/07 27/07 KTDUKE 350W 29/07 20/08 18/08 16/08 mrMS«VHY 3021 0/07 04/07 05/07 07/07 28/07 HYNXPBOSKI 302W 30/07 21/08 15/08
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      963 33 vOOv WALLENIUS WILHELMSEN TO NORTH AND lAIIN AMERICA W»0 HIAVYUFT SERVICE" IVKttl VOY KAMP I HEIGHT ISW I l»C IWO IMA SAV ML OW NYC HEW MO» TAPKXA AH 116 4001 ms 6Jlf~ 12/ OS 19/09 22/09 24/09 26/09 27/09 29/09 03/10 05/10 TAMPA AHU7 400I«tt 6.3 M 29/0# 04/10
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      981 35 i||Bngi INDIAN SUB-CONTINENT Mumbai, Nhava Sheva, New Delhi, EUROPE: All base ports and inland locations Calcutta, Kandla, Ahmedabad, Ludhiana, Jaipur, Jodhpur, NORTH SOUTH AMERICA: USEC, USWC, inland locations in USA and all other Nagpur, Chennai, Cochin, Bangalore, Hyderabad, Coimbatore major countries in South America ■■■IH n .A„ i* AFRICA: All
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      283 35 M ENG LIE SHIPPING CO PTC IJD I ICEU M *****22 (10 Übm) Fu: *****3«/532*»M gihi IS»2t»*****C I VESSEL VOY SIN ETA SIN ETD DESTINATION Gondo 3 05/01 28/07 31/07 JKT Unon Star 47 05/01 79/07 30/07 BKKACB OwiDayo 07/01 30/07 31/07 Oumoi/P Bow/Buatan Union Stor 3 08/01 30/07 30/07
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      606 36 IVESSE^^^VO^^SI^^^MA/^^Sl^^l MILDBURG 12N/01 30-31/07 05-08/08 13-***** I TIGER SPEED 909N 02-03/08 08-11/08 16-17/08 I CAPECHARLES 13S/01 05-05A)8(FOR DISCHARGING ONLY) I TIGER METRO 910S 05-05/08IFOR DISCHARGING ONLY) I TIGER BRIDGE 908N 07-08/08 13-16/08 2V22AJB I TIGER RHYTHM 911N 09-10/08 15-18/08 23-24/08 IVESSE^^^VO^^SIJ^^CA^^SIJ^I TIGER CLIFF 033 29-30/07 0&07/08 15-16/08 I XPRESS SPORE
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      900 36 FREIGHT LINKS EXPRESS PTE LTD 51 Penjuru Road/ 3rd Level, Freight Links Express Logistkentre, Singapore *****3 Tel: *****11 Fax: *****77 E-mail: flesin@singnet.com.sg Introducing VALPARAISO SOUTH AMERICA SANTOS MANZANILLO fortnightly service BUENO AIRES Booking 267# 5565/4694/5535/5539/5541/5553/5569/5579/5562/5563 PROJECT SHIPMENT HEAVYUFT CARGO (CONVENTIONAL ROAO) Lowrenf Um *****71, N/P: *****977 luwhimHlmlimoiiub LOGISTICS WAREHOUSING SERVICES
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      1109 36 Z-Tl- OPIRATOR COM; PO Dn7 I IMCP CR NO; *****M0000C Wefcsite btt.://p<bfcm.wi. /I/ KIJ/ MAIN: TEL: 02-721-1333 HI: *****-5271 Wjw CUSTOMER SBMCL TEL 02-221-Ss9i FAX: 02-227-Sl9O SIMOAfOHL TONG XX) SHtPPWC m ITD t-t GISENG 2126S 01/08 GISENG 2126S 01/08 GILIAN 2121 01/08 GIUAN 2121 01/08 GUOO ***** 02/08 SHINUNEI 2H3
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  • Page 37 Miscellaneous
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      136 37 WL FOR 7 AM 30 JUL 2001 JBggg£jiM*f LEGEND: Issued by Meteorological Service Singapore K Thunderstorm q ain Temperature C Wind direction and speed in knots Weather Cloudy Day 'j azy Sea Conditions Wind speed symbols i 1 < 1 2m O Full circle w/o line indicates calm or light
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