The Business Times, 6 August 2001

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Total Pages: 38
1 38 The Business Times
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  • Title Section
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    16 1 THE BUSINESS TIMES MITA (P) 107/03/2001 Internet, http: business-times.asial com.sg SINGAPORE MONDAY. AUGUST 6, 2001 85C
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  • Article
    Lock icon MARKET SUMMARY
    66 1 giWMFrnn—i Week Change SI! U41» SDfiSa FUTURE MftSO +IM BT-SM MM +1X48 KLSEOOMP (HL» +1IK NIKKEI HUU7 >***** HAW SENG IUHJ8 +MJ1 SETINDEX SUM +14M JAKASTACOMP 4M.15 -112S MANILA a»P _U»17 -M.17 TAIPEI WP! 4JMJ8 +***** SEOUL COMP _H&M__*t?M SHENZHEN B MM1 -JL4I AUST ALL OKD—1M&40 >107 JO
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  • Article
    Lock icon FINANCE
    75 1 POmiATES us» si OSS (SSpcrUSS) L778 «flB&5Sper£) L4SI U44 nilO(C8i«VE)_1881 1*7 DM 1219 L248 TEN 123J MlTV KM 1860 108 ma i.m c»7 BAHT 4MS tU7 MJPIAH Ml* MM S$ to 100 units PHMBUTES SINGAPORE* hM KLALA LUMPUR 7.07 JAKARTA. 39.16 BANGKOK 9JO MANILA 11.00 HONGKONG 8J0 TAIPEI JIM
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  • Article
    Lock icon UOB looks certain to clinch OUB
    1364 1  -  TAKEOVER BATTLE FOR OUB Only question is whether it will gain 90% acceptances for OUB to be delisted By Loh Hui Yin [SINGAPORE! With all the odds in its favour, United Overseas Bank looks certain to succeed in its $10 billion takeover of Overseas
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  • Article
    Lock icon Fireworks expected at DBS' EGM today?
    358 1  -  By Conrad Raj [SINGAPORE] DBS Group Holdings' extraordinary general meeting today may see some fireworks as some disgruntled shareholders are expected to take the company's board to task over its recent blunders some real and others perceived. Top of their list would be the
    358 words
  • Article
    Lock icon Jobless rate to hit 4% by Dec: Boon Yang
    467 1  -  Govt will take more measures if economy worsens, he says By' Teh Hooi Ling [SINGAPORE] The unemployment rate in Singapore is likely to hit 4 per cent by year-end, Minister for Manpower Lee Boon Yang said yesterday. Some 20,000 workers could
    467 words
  • Article
    Lock icon The Porter medicine mill be hard to swallow
    849 1  -  COMMENTARY By Vikram Khanna AT AN all-day brainstorming session last week, the celebrated Harvard business school professor and consultant, Michael Porter, prescribed a heady cocktail of medicine to take the Singapore economy prom "investment-led" to "Innovation-led" growth. Among other things, he suggested
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      200 1 nBBPH BizlT Singapore: testbed and battlefield for wireless computing. •fcfTffcf Stephen Roach on why end of downturn not in sight yet. abfr*»4 Intelsat to launch 9 more satellites; eyes IPO. MOT#* Top Stories July volume on SGX is one-third lower than June's. 7 91% KCH shareholders accept takeover offer OCBC.
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      49 1 BT COMMENT Philip Yeo j Driving force behind Singapore's '*a biomedical science push W A 4 Leadership Series. Bach Page Eddie Toh, Page 9 V, 1 ■i a Branch overlaps spell closures, Pg 4 UOB's offer document scores, Pg 4 Mail Bag: Arrogance of DBS high-ups unnerving, Pg 8
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  • NEXT page
    • Article, Illustration
      Lock icon Japan's state-owned firms await death list
      840 2  -  Those saved may be sold or corporatised under plan to cat govt spending From* Anthony Rowley in Tokyo The curtain will rise later this week on the first act of the economic reform drama of Japanese Prime Minister Junichiro Koizumi. That is when it
      840 words
    • Article
      Lock icon The chips are down and the die is cast
      755 2  -  COMMENTARY The chip industry may have hit bottom, but an upswing is not a given, says Jennifer Lien in Silicon Valley Jennifer Lien LAST week, the market was abuzz with some "good news", triggered by an influential report from investment bank
      755 words
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      286 2 BJ] UNIVERSITY OF NATIONAL UNIVERSITY V/ SOUTH AUSTRALIA ®OF IRELAND "Ranked Among Australia's Best Universities" "Ranked Top 9 Business School in Europe" MBA BSciHorel Singapore22ndlntake• September2ool -..p. l£r "Ranked Top 5 Distance MBA in Asia" by Asia Week BBC (Hot) limlMiDllt •18 months only fll 12 courses plus a project
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      36 2 US govt may revise GDP to -0.2% in Q2: Lehman Brothers, Pg 14 No profit growth seen for US companies in Q4: analysts, Pg 14 Expected August Fed rate cut seen as year's last, Pg 14
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      41 3 Our attitude to customers is the same anywhere on the Citibank global footprint. Because customers all over the world have one demand excellent service our desire to provide it is the same in every country we operate. A member of atigroupT
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  • OUB takeover
    • Article
      Lock icon Branch overlaps spell closures
      759 4  -  Whether it's UOB or DBS that wins battle for OUB, there is high duplication of branch networks By Alvin Tay IF you see an Overseas Union Bank branch somewhere, chances are you will also find a rival branch of United Overseas Bank or DBS next door,
      759 words
    • Article, Illustration
      Lock icon To close or not to close
      1565 4  -  The fate of OUB's 30 branches hangs in the balance following its takeover by either UOB or DBS. ALVIN TAY visits aH the branches and analyses how they are likely to be synergised with those of UOB or DBS. ALVIN TAY A# *tons;OUß's the
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    • Article, Illustration
      Lock icon UOB's offer document scores with effort in the little extras
      377 4  -  By\ Siow Li Sen WITH so much hoopla surrounding the two competing bids for Overseas Union Bank, it is a wonder if the offer documents from either of the suitors, DBS Group Holdings and United Overseas Bank (UOB), even got
      FILE PHOTO  -  377 words
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      37 5 At Citibank we recognise the importance of being BIG in terms of global reach and product range. More importantly, we believe in being BIG on service. Nothing else will make our customers happier. A member of cftignoutfT
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Untitled
      1163 6 Source: JM Soon Itocfce Volume Aaie Dehor HK15c 270,583,000 Fu YuMfg 10c 113.880.000 TPVUS1C 66,557,000 Startech 10c 66,110,000 Surface MTHK20C 55,135,000 ICT HK10C 54,770.000 Chart Semiconductor 26c 52.437,000 SingTel 15c 50,810,000 Flaxtoch 15c 42,296,000 Frontline 5c 41.420,000 Stocta > OUB 267,001.700 Chart Semiconductor 26c 260,780,638 UOB 245,901,156 DBSGip 222.794.740 DalacrafMOc
      Source: JM Soon  -  1,163 words
    • Article, Illustration
      Lock icon Hold on to your scepticism when bullish calls are made
      652 6  -  l< comment STOCKS r. sivanithy A WISE man once said that "scepticism, like chastity, should not be relinquished too readily". Some may disagree of course, especially those who believe in a modern, liberated lifestyle where hanging on to one's chastity
      652 words
    • Article, Illustration
      Lock icon Palmco wrt: takeover battle makes extensions unnecessary
      189 6  -  WARRANT WATCH By R Sivanithy IN Saturday's column, we featured United Engineers Malaysia, which is the subject of a takeover bid by the Malaysian government. Today's feature is similar Palmco Holdings, which is the target of a tussle between Sime Darby and 101
      189 words
    • Article, Illustration
      Lock icon More upside seen for DBS
      261 6  -  HOT STOCK By Serena Ng DBS Bank recovered slightly last week after the bank said it would not up its bid for Overseas Union Bank, and the counter looks poised for more upward movement. The counter closed last Friday 10 cents lower at $13.10, on
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    • Article
      Lock icon Market Notice
      112 6 ♦OVERSEAS Union Bank will hold its AGM (n$ Aug 8 at 9.30am, Mandarin Ballroom, 6th Floor, South Tower, Mandarin Singapore, 333 Orchard Road. ♦OVERSEAS Union Enterprise will hold its EGM on Aug 8, at 2.00pm, Mandarin Ballroom, 6th Floor, South Tower, Mandarin Singapore, 333 Orchard Road. ♦INNO-PACIFIC Holdings
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    • Article
      Lock icon Asian currencies enjoy solid week against US$
      560 6 AFP [HONG KONG] Asian currencies enjoyed a solid week against the US dollar with the South Korean won benefiting from the return of calm to emerging markets after Argentina's financial crisis. Japanese yen: The yen edged up against the US dollar on weak
      AFP  -  560 words
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  • SINGAPORE companies
    • Article, Illustration
      Lock icon July volume on SGX is one-third lower than June's
      407 7  -  Merger plays slow; investors stay away on poor earnings; volume at 7.6b units By Serena Ng JULY turned out to be a very quiet month for the stock market as merger-linked activity slowed down and investors stayed away on negative economic
      Compiled by BT  -  407 words
    • Article
      Lock icon OCBC's offer for KCH crosses 90% threshold
      250 7 Prisrityhr swift, iwrniM istegntim, says Alex Am Reuters SINGAPORE'S OCBC Bonk said on Saturday that about 91 per cent of Keppel Capital Holdings (KCH) shareholders had accepted its takeover offer, up from 88 per cent on Friday. OCBC said in a statement it
      Reuters  -  250 words
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      694 7 C A CAMBRIDGE ASSOCIATES ASIA PTE LTD Cambridge Associates LLC is an institutional investment consulting firmproviding advice to colleges, universities, foundations, museums, other non -profit institutions, and high net worth family groups. We advise over US$5OO billion in assets across all investment categories including equity, fixed income, venture capital, private
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  • SINGAPORE news
    • Article, Illustration
      Lock icon Wholesale prices move up by 1%
      279 8  -  Pmon the economy price index By Teh Hooi Ling THE Singapore manufactured products price index inched up further, rising one per cent year-on-year to 88.3 in June due to higher prices for petroleum products, figures from the Department of Statistics (DOS) showed. Mineral fuels,
      Source: DOS  -  279 words
    • Article, Illustration
      Lock icon Sunningdale: offering total solutions
      613 8  -  We are not just a plastic moulding company, says its founder and CEO By: Lynn Lee THE local market might be stagnating due to the present economic downturn, but Sunningdale Precision Industries is confident that it has a strong selling point that will keep its customers
      FILE PHOTO  -  613 words
    • Article
      Lock icon NTUC co-ops happy to work with businesses
      331 8  -  M i\ M bag Matthias Yao I THANK Vincent Tan (BT, Aug 3) for his support for NTUC's relief package. We will do all we can to help Singaporeans tide over this economic downturn. Mr Tan asked NTUC cooperatives not to choke off
      331 words
    • Article
      Lock icon We should privatise our GLCs
      95 8  -  Steven Tng Shanghai, China, via Internet I REFER to your article "Focus more on services, says Harvard don" (BT, Aug 3). I agree with Michael Porter. As a Singaporean working in China for nearly seven years, I believe that it is difficult for Singapore to
      95 words
    • Article
      Lock icon Links Island: SGX high-handed
      269 8  -  Sim Bee Lim Singapore I WANT to express my total disappointment at the high-handed way the Singapore Exchange handled the Links Island issue. Prior to Aug 14, 2000, I bought some Links Island shares. Most were paid up. On Aug 14, 2000,1 disposed of all my
      269 words
    • Article
      Lock icon Q&A that was more Q than A
      298 8  -  Simon Ng Yap Peng Singapore I REFER to the notice from Inno-Pacif-ic Holdings to shareholders on the subject of "Your vote for the current Board of Directors is crucial". The notice is intended "to summarise some of the key issues so as to
      298 words
    • Article
      Lock icon Arrogance of DBS high-ups unnerving
      141 8  -  Foo Wee Swan Johor Bahru, Malaysia, via Internet I refer to your article "Apology fiasco: DBS must make changes" by Lee Han Shih (Hock Lock Siew, BT, Aug 2). I am a Malaysian who has interest in the happenings across our Causeway. I was taken
      141 words
    • Article
      Lock icon Cut duplication at the top
      111 8  -  Aloysius Tan Singapore IF one of the primary objectives of the amalgamation of United Overseas Bank (UOB) and Overseas Union Bank (OUB) is to cut the duplication of jobs, an example should begin right from the top. Why must there be room for both chairmen
      111 words
    • Article
      Lock icon Is the minimum bid system still necessary?
      277 8  -  Narayana Narayana Singapore I REFER to the letter "Eliminate board lots, and not just odd lots" by Alison Cousland (Mailbag, July 18). Perhaps it is time, too, to review whether there is any necessity to maintain "minimum changes in bids". The minimum bid
      277 words
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      239 8 Start your job search early. Read I Learn and network \rith a i\ j SIM /\dvanced {yjanagement Strategic Strategic LEADERSHIP DEVELOPMENT FINANCE FOR by Dr James Meindl Prof John Thomas SFNIOD MANACnFMFNT Center for International Leadership, n State University of New York at Buffalo ty Prof Janek Ratnatunga, Steven Bishop
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  • REGIONAL news
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      Lock icon Thaksin seeking to clip wings of court, graft buster
      531 9  -  Analysts say move will spook investors, increase Thailand's political risk From Harish Mehta in Bangkok GIVEN a new lease of life, Thai Prime Minister Thaksin Shinawatra is on the warpath against the country's highest court that acquitted him last Friday, and
      531 words
    • LATE Briefs
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        Lock icon Bharti cell network roll-out in 6-9 mths
        104 9 Reuters [NEW DELHI] Indian telecoms group Bharti Enterprises, which won eight mobile licences at a recent government auction, expects to roll out its cellular networks in six to nine months, a senior official said on Friday. Bharti also plans to roll out fixed-line
        Reuters  -  104 words
      • Article
        Lock icon Daihatsu bid: Perodua to decide by Sept
        117 9 AFP [KUALA LUMPUR] Malaysia's second national carmaker Perodua will decide by next month on a bid by its Japanese partner Daihatsu Motor Co Ltd to buy a majority stake, a report said yesterday. Talks with Daihatsu werß still ongoing, IV»rorftM> managing rfir*»rtnr Abdul
        AFP  -  117 words
      • Article
        Lock icon Estrada denies laundering US$728m
        117 9 AFP [MANILA] Deposed Philippine president Joseph Estrada yesterday denied accusations by the military's intelligence head that he laundered hundreds of millions of dollars with the help of his ex-police chief. Armed forces intelligence chief Colonel Victor Corpus was quoted in the Philippine Daily Inquirer newspaper as
        AFP  -  117 words
      • Article
        Lock icon Arroyo heads for M'sia
        77 9 AFP [MANILA] In her first overseas foray since taking office in.January, Philippine President Gloria Arroyo will visit Malaysia this week as the two neighbours try to end a long and bloody Filipino Muslim rebellion. Analysts said Ms Arroyo and Malaysian Prime Minister Mahathir Mohamad would sidestep
        AFP  -  77 words
    • Article, Illustration
      Lock icon End of the road for Halim Saad?
      687 9  -  Icomment KL STOCKS Even if tycoon ftilflla pot option. It will be tough for him to regain political hn«hma»*» ff trart eddie toh Malaysian tycoon Halim Saad's ride to success was a smooth one. In 1988, the government awarded to his United Engineers
      687 words
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      Lock icon Troops rescue 13 hostages in raid on Abu Sayyaf camp
      144 10 AFP [KAPATAGAN, Philippines] Philippine troops rescued 13 Filipino hostages yesterday and killed several Muslim Abu Sayyaf kidnappers in a pre-dawn raid in southern Basilan island, the military said. Army troops attacked an Abu Sayyaf camp at 2:30 am (1830 GMT)
      AFP  -  144 words
    • Article
      Lock icon Bank of China may move or fire half of HK/Macau staff
      584 10 HONGKONG Move comes as it combines its 12 local commercial banking units Bloomberg BANK of China said half its 12,000 staff in Hong Kong and Macau may be moved or fired as it combines its 12 local commercial banking
      Bloomberg  -  584 words
    • Article, Illustration
      Lock icon Philippines rushing new measures to head off recession
      482 10  -  From A. 1 Al Labita in Manila THE Philippines is rushing new measures to try and prevent the economy's plunge into recession this year. Topping the list is a US$l billion fund which Manila plans to raise from multilateral institutions and foreign
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      Lock icon Blaming Japan, US for slump is a cop-out: poll
      657 10 SINGAPORE Expats not impressed by policies of most Asian govts AFP ASIANS blaming the economic downturn entirely on a slump in the key Japanese and US export markets are blind to their own shortcomings, say foreign businessmen working in the region.
      AFP  -  657 words
    • Article
      Lock icon 27 Guangdong officials under probe for tax scam
      537 11 BEIJING They are accused of complicity in evasion of IM yuan in taxes: report AFP TWENTY-SEVEN tax officials in southern China are being investigated over accusations of complicity in the evasion of 1.9 billion yuan (Ss4o6 million) in taxes, state press said
      AFP  -  537 words
    • Article
      Lock icon Foreign investment in India could hit US$20b
      278 11 NEW DELHI But the country needs to lift barriers constraining investments; McKinsey AFP INDIA'S foreign direct investment could leap to US$2O billion annually from US$3 billion if the country reduces barriers, a study by global consultancy firm McKinsey said last Friday. "Appropriate measures,
      AFP  -  278 words
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      47 9 You save up to r hi oqo/* j, i- :«B |p -*v "MWi--I A Ca// your friends a ma, Local Direct Dial I and enjoy calls close to local call rates w w I S j 4- 'i' n vA- ■V ■■*> j Ri;"' H it 4V if
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      1331 10 wenior media MENTOR MEDIA LTD (Incorporated in the Republic of Singapore) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of Mentor Media Ltd ("the Company") will be held at 1 Bukit Batok Street 22, Singapore *****2 on Tuesday, 21 August 2001 at 10:30 a.m.
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      11 10 Lianhe Zaobao URA ■VIVMB ITS private property price index swrfr^fßf «WS»
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      98 10 An Exclusive Package Just For You. Be our So/mate for only US$ 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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  • BIZ woman
    • Article, Illustration
      Lock icon Queen Mother turns 101
      555 12 Her popularity among the general public has helped royalty retain its image despite marital dramas among junior royals AFP [LONDON] BRITAIN'S destiny for much of the past two centuries have been guided by strong-minded women, few steelier than the Queen Mother, who celebrated her 101 st
      AFP; REUTERS  -  555 words
    • Article
      Lock icon Matthew's lead narrows on rain-soaked course
      527 12 SUNNINGDALE, England She is ahead by 1 stroke as others outperform her on day 3 of British Open Reuters SCOTLAND'S Catriona Matthew saw a five-shot lead reduced to a single stroke in torrential rain at the Sunningdale Old Course on the third day of
      Reuters  -  527 words
  • FINANCE & commodities
    • Article
      Lock icon Untitled
      667 12 AFP [LONDON] The base metals complex endured another grim week peppered with weak economic indicators and negative comments from producers which painted a bleak outlook for the building blocks of economic growth. GOLD: The price of gold inched higher last week but remained trapped within its tight corridor. By last
      AFP  -  667 words
    • Article, Illustration
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      1125 12 Qvv—MMIIMT gBCOlITlBS Aug3 NrM Issm Mctartty YMtwtays Ovy's m Htm L— 3-tfcMttB*****0V 0LIL01 IB Efl £20" VTmt BY0H00H 14.05.02 Z23 2.20 2.16 NrM Issm Cmpm Matwtty Close toy's <— nte(%) K HHH Uw 2-Ymt i20!100S 2.250 0104.2003 100.02 100.05 100.05 H«r W79t100A 4.175 15.1&200S 105.62 105.72 105.65 7-Tt«r MW00M 5.625
      1,125 words
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  • Page 12 Miscellaneous
    • Miscellaneous
      Lock icon Page 12 Miscellaneous Column 1
      306 12 CBYPTIC CROSSWORD ACROSS (2,4) 1 Punishment avoided by ano- 5 Man taking meat in London (8) nymity (4-5) 6 In March a new chief in the 6 Succession, we hear, to the boardroom (8) name of a goddess (5) 7 Colourful part of play to put into 9 Just beating
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  • Article
    Lock icon COMMODITIES
    1645 13 8I00M FUTURES Aug 3 Mma (fMtarts ctajaf a at SJOM RSSICOtmACTOcMtiAD dm VotaM Omm 155 u» sitt (tini) gigwi Sep 01 105.00 Oct 01 W7 JO NovOI i ***** Dec 01 109.00 BSS3C0tmACT(UScMbA«} V*M 0m im Wtt (f—» Mtcni S«*01 5100 58.00 5775 200 *75 Oct 01 5150 5150
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  • WORLD news
    • Article
      Lock icon IMF move: Argentina and Brazil react differently
      434 13 SAO PAULO Relief in Argentina; grudging acceptance among Brazilians AP THE International Monetary Fund move to pump extra cash into South America's two largest economies to prevent a repeat of the 1997-1998 Asian crisis is being greeted with sighs of relief in Argentina
      AP  -  434 words
    • LATE Briefs
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        Lock icon BA dismisses report of KLM stake buy
        90 13 Bloomberg BRITISH Airways and KLM Royal Dutch Airlines dismissed a report In the Sunday Times of London that said the UK airline plans to buy between 10 per cent and 15 per cent of its Dutch rival. The article quoted BA chief executive
        Bloomberg  -  90 words
      • Article
        Lock icon End to Sri Lanka port strike
        75 13 AFP [COLOMBO] Sri Lanka's main sea port yesterday ended a five-day work stoppage which caused massive losses to shippers and foreign vessel owners already reeling under high war-risk insurance charges, officials said. Workers at the Jaya Container Terminal of the Colombo Harbour agreed to
        AFP  -  75 words
      • Article
        Lock icon 37 UK farmers get £1m each for cull
        72 13 Reuters [LONDON] More than 30 British farmers have become "compensation millionaires" after receiving massive payouts for livestock slaughtered during the foot-and-mouth epidemic, the Sunday Times newspaper reported. The newspaper said 37 farmers had been paid at least £1 million (552.5 million) each—with
        Reuters  -  72 words
    • Article
      Lock icon Global economic reform at risk, says Wolfensohn
      231 13 USYDNEY AFX-Asia THE future of worldwide economic reform is threatened by the inability of the First World and Third World to communicate on issues arising from globalisation, World Bank president James Wolfensohn said. Mr Wolfensohn also conceded that one billion people around the
      AFX-Asia  -  231 words
    • Article, Illustration
      Lock icon Expected August Fed rate cut seen as year's last
      682 14 US ECONOMY Better jobless claims numbers temper market expectations of multiple rate cats Reuters MOST leading Wall Street firms expect a widely anticipated Federal Reserve interest rate cut later this month will be the last one for the year, a Reuters
      Reuters; REUTERS  -  682 words
    • Article
      Lock icon ECB rates at right level: economist
      400 14 ROME Central bank's chief economist wants inflation reduced to 2% Reuters THE European Central Bank's interest rates are at the right level to control inflation and are not holding back growth, ECB chief economist Ottmar Issing said in an interview yesterday. The bank last
      Reuters  -  400 words
    • Article
      Lock icon No profit growth seen for US companies in Q4: analysts
      334 14 NEW YORK Reuters IT'S official. Wall Street no longer expects Corporate America to turn the corner this year. The US economy and corporate profits were expected to turn around in the fourth quarter, but Wall Street analysts now forecast US
      Reuters  -  334 words
    • Article
      Lock icon Govt may revise GDP to -0.2% in Q2: Lehman
      311 14 NEW YORK Reuters THE US economy may have contracted for the first time in eight years in the second quarter, rather than expanding slightly as the government had estimated earlier, according to Lehman Brothers. Lehman said unexpectedly steep drops in construction
      Reuters  -  311 words
    • Article
      Lock icon BritTel gets £18b bid for fixed-line assets: report
      367 15 LONDON Consortium pot together by German bank West LB; Brit Tel declines comment Reuters A CONSORTIUM put together by German investment bank West LB has offered British Telecommunications pic £18 billion (5545.8 billion) for its entire fixed-line infrastructure, the London Sunday Times
      Reuters  -  367 words
    • Article, Illustration
      Lock icon Oil price rally expected to be short-lived
      652 15  -  World economic slowdown hjus cut energy demand From Neil Behrman in London ANALYSTS and traders believe that the crude oil price rally in the past few days will soon peter out and prices will subside again. If the prediction is correct, there will
      652 words
    • Article
      Lock icon Japan govt urged to boost short-term employment
      163 15 TOKYO Reuters JAPANESE Economics Minister Heizo Takenaka said yesterday the government needed to hire people directly on short-term contracts as a measure to cope with the nation's unemployment rate now running at record levels. Longer term, effective job training programmes must be developed,
      Reuters  -  163 words
    • Article
      Lock icon Merrill Lynch, five other firms sued over analysts' reports
      350 16 Sait claims u&lystsratinely us»dmul«adia|rep«rtB Bloomberg [NEW YORK] Merrill Lynch Co, Credit Suisse Group, Morgan Stanley Dean Witter Co, and three other investment banks are being sued by an investor who says their analysts issued deceptive research reports. The suit, filed on
      Bloomberg  -  350 words
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      212 13 Accept No Substitutes, wtsetthe Standard Reporting. W~l i*i 1 Applicable for crystal reports 8.5 and crystal analysis 8.0 full products only. Turn data into information easily and quickly with Unlock the value of your Microsoft 8 SQL Server* crystal olap data with crystal reports 8.5 analysis 8.0 This powerful reporting
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      247 14 r ~i m P II rf mm- t#Bii iMMPMWI 111 i 3* J M*Jm I I #afiq mahal •»•i *•»•<»>» <■«>•> t t»i». Buffet Lunch. Moon to 2Jopm Dmr 630pm to 1030pm v< (Oo»d for lunch on Saturdays) MR SO-flWarta (ISISMMO /v. w -\< wnm iwmwmiwm, m»lllr«iiii ni i» mini
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      232 14 CJWic 4MB Malaysian Food Festival 12-31 August 2001 Cariton Hoed Singapore goes truly Alia in our Malaysian Food Facial at Caft Vic Featuring renowned Chefs from Malaysia and grand buffet of traditional dishes In addlion to atractfve lucky draai prtiee. peaun af mm Feed Feoavei Hand a chance to *n
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      128 14 Enjoy the most ddklous recipes of the East West from our Semi Biifct Lunch. Available Mondays to Fridays. From make your own Nonya Rofak to Fresh Smoked Salmon wtth Thai Spices or Japanese Sushi. For the main courses, choose from Pan-fried Sea Bass with Asian Spices, Chicken Rice or Japanesestyle
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      84 14 EEKP A Y Set Lunch sO-so VwDn wuUP vWROQ %NMMpP&g& Tue Craam Of Mushroom/PorteMl Wad Cla«-Vegetable 8o»4>/BaefGouleah Thu Seafood Qumbo Porte Ptoala |FH Oeem Of Tomato Rsh Of The Day French Bistro, Cozy Ambience. Oyster, Salmon, Escargot Apple Pie Reasonable Price Friendly Services. >sRsvn: 835 0238 Specialists Shpg Ctr, #02-38
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      83 14 SET LUNCH "GREAT HEIGHTS Create your own set lunch of Continental cuisine with strong French Italian influences. Mondays to Fridays IOP 12:00 noon to 2:30 pm Price: $35*+ \S2 Reservations: 831-6258/88 —mi Kmc J 51-T- 333 Orchard Howl Snnm *****7 W: 737 4411 Fm r tl2 2361 UH Dun-Sum at
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      712 15 Notices IN THE MATTER OF THE COMPANIES ACT, CAP 30 AND IN THE MATTER OF UNIFUND (ASIA) PRIVATE LIMITED (In Members' Voluntary Liquidation) NOTICE OF RESOLUTION At n Extraordinary General Meeting of the membm of the abovenamed Company duty convened and held at 30 Rue Du Rhone, 1204 Geneva. Switzerland
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      619 15 UUSjj INTERNATIONAL NOTICE ON REQUEST 2SSSS? FOR PROPOSAL 1. MIMOS Bemad hereby invites telecommunication oompanies (teteos) to submit proposals on the following request for proposal (RFP) exercise. toUTl— (UMerWD RFP No.: TB/36/2001 U*****.00 or RMSOO 00 Provision of dedicated private leased circuit from Malaysia to USA for MIMOS Berhad 2.
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      387 15 IN THE MUTTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF LEONG BEE DEVELOPMENTS PTE LTD (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308{ 1) of the Companies Ad, Cop. 50 that the Finot Meeting of the above-named Company wil be held on
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      196 15 IN THE MATTER OF RUM AH KAMPUNQ PTE LTD (MEMBERS' VOLUNTARY UOUOATION) NOTICE OF FINAL MEETING NOTICE 18 HEREBY GIVEN pursuant to Section 308 of Ihe Companies Ad (Chapter 50) that a Final General Meeting of the members of the abovenamed Company wM be held at the office of the
      196 words
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      1040 15 mm LIMITED NOTICE IS HEREBY OVEN that the Annual General Meeting of KLW HOUNN6S LIMITED will be held at 19 Senoko Loop, Singapore *****9 on Wednesday 22 August 2001 at 9.00 a.m. to transact the folkNmng business AS OMNNAJIY BUSINESS 1 To consider and adopt the Directors' Report and Financial
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      182 15 IN THE MATTE* Of THE COMPANIES ACT. CAP SO AND M THE MATTER OF KMAIT METRO (PTE) LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE Of FINAL MEETING NOTICE IS HERESY GIVEN pursue* to Section 308 of 4ie Componiei Ad, Cop SO, 4k* o Final Muling of lit* Members of fw obove-nomed
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      95 15 CagftaLand UNSECURED FLOATING RATE NOTES/ INVERSE FLOATING RATE NOTES DUE 2002 In accordance with the provisions of the Floating Rate Notes/Inverse Floating Rate Notes, notice is hereby given that for the Interest Period from 6 Aug 2001 (inclusive) to 6 Feb 2002 (exclusive), the Interest Rate applicable to the Notes
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  • STOCKS sgx
    • Article
      Lock icon Untitled
      9724 16 BOMDS&WABRAMTS f ct g *m- r»w> i— *a» wL kSw hL *mi imm "Si 39-5 26 S ASTIW*****1 30 1 1659 33 26 30 30.5 28 26.4 I 16 7 1.43 34 f-S 2.5 s AMTach W*****7 3M 3 17 5 I |gg 984 3.17 g 47.5 13-5 s AmtH<
      9,724 words
    • Article, Illustration
      Lock icon US data seen showing rise in productivity
      559 16 SOX Derivatives Weeklyßoundup AFX [WASHINGTON] US economic indicators to be released this week will show robust increases in labour productivity despite softness in the economy and a possible end to weakness in the labour market, economists said. "I believe the worst point in
      AFX; Source:  -  559 words
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      61 17 www.mi.com.sg Everywhere under the sun. v VJ y You can now request for stock quotes via Info SMS*. Simply follow these steps: Track your stocks anytime, I i. stock BmHIHI latestinformation i anywhere with Ml Info SMS Kaaß Registration and subscription are free, so you only pay for the information
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  • LEADERSHIP series
    • Article
      Lock icon Biyeo-medical's driving force
      1193 18  -  NSTB chairman Philip Yeo dismisses golfing as 'goofing" and would rather read up on science to help Singapore create new jobs, says bdobme low EUGENE LOW SCRAWLED on the well-used whiteboard in Philip Yeo's office are diagrams and notes on biomedical science. On his desk sit reams
      1,193 words
    • Article, Illustration
      Lock icon Philip Yeo to institutes: Feed R&D staff to industry
      811 18  -  By\ Eugene Low HOW do you tell if Singapore's research institutes are doing a good job? Easy. It's when their good people leave. For these institutes to contribute to the economy, their scientists must be willing to leave the public sector
      RICHARD CHNG  -  811 words
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      94 18 r 3 O O JS V Cfl 3 o aji o> u 15 V4M V (A cd J2 a <t> {J ed a Cfl «1 t THE ASCOTT o•o u r rhe luxury of space. Relax in residences featuring exceptional 24-hour personalised service. luxuw smvicid mmdbncm :ENTRAL RESERVATIONS: (65) 272
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  • BIZIT
    • Article, Illustration
      Lock icon Handheld aerial combat
      581 19  -  B'-ii exclusive Wireless is driving corporate mobile computing, and Singapore is both test-bed and battlefield, reports minimi jambs KENNETH JAMES POCKET PCs powered by Microsoft Corp's Windows operating system are taking the flight to long-time leader Palm Inc, as handheld computing devices take the wireless route into
      DESIGN : BEN CRUZ  -  581 words
    • Article, Illustration
      Lock icon Asia-Pacific will have most Net users by 2003
      473 20  -  Falling access costs, improving infrastructure and pent-up demand will push the region's Internet growth ahead of US and Europe, says Gartner, baju has the details RAJU CHELLAM THE Asia-Pacific region will overtake the US as the world's largest Internet market in number
      REUTERS  -  473 words
    • IT TAKES
      • Article
        Lock icon Linux Knowledge Centre coming
        58 20 SINGAPORE Engineering Software Pte Ltd, which provides real-time decision support systems, and US-based Silicon Graphics Inc will set up a Linux Knowledge Centre in Singapore. The centre will offer Linux consultancy services, training courses, Linux development and porting solutions in Singapore and the Asia-Pacific region. The
        58 words
      • Article
        Lock icon IME, Philips in IC packaging deal
        56 20 THE Institute ofMionoefectronics has tied up with the Netherlands-based Philips Centre for Industrial Technology to develop a new packaging process for ICs (integrated circuits). The package will be lead-free, of smaller size and used in high-performance devices in wireless applications like mobile communications, IME
        56 words
      • Article
        Lock icon Vislog Tech,Seiko Electric tie-up
        66 20 HOMEGROWN Vislog Technology Pte Ltd, which provides solutions for smart vision systems, has tied up with Japan-based Seiko Electric, which provides control and Instrumentation systems, to develop and offer intelligent solutions to industries in Japan. The solutions will be based on video and image processing technologies
        66 words
      • Article
        Lock icon Network Appliance training course
        54 20 US-BASED Network Appliance Inc, which provides network file storagß and content delivery solutions, said it will collaborate with EDB,DSI (Data Storage Institute) and other industry players to develop a preparation course for the Open Storage Networking Liup (Local Industry Upgrading Programme). The course will train 50
        54 words
      • Article
        Lock icon Genovate's training in India
        43 20 HOMEGROWN Genovate Solutions Pte Ltd, which provides software services and training, has tied op with India-based Scallkm Technology as its master franchise for sooth India. It will oflfar training in a-commerce, Java, XML, Unto, CRM and voice recognition technology.
        43 words
      • Article
        Lock icon Acorn deal with US firms
        62 20 SINGAPORE-BASED Acorn Info Tech and Services, which provides IT solutions and services, said it has been appointed by US-based Teklnsightcom Inc to resell Teklnsight's ProductivlT—a suite of Internet-based applications—in Singapore. Acron said tt has also been appointed by US-based Miramar Systems Inc, which provides system
        62 words
      • Article
        Lock icon iCall acquires 1st Call
        35 20 US-BASED iCall Systems Inc said it has completed the acquisition of Singapore's Ist Call Pte Ltd, a call centre provider, and appointed Seah Chin Tiong as managing director for Asia-Pacific operations.
        35 words
      • Article
        Lock icon Novell's new head
        36 20 NASDAQ-LISTED Novell Inc has appointed Lee Wai Hoong as general manager for Singapore and iiwtowyjfl, Mr Lee was previously director of sales with Cap Gemini Ernst and Young's telecoms media and networks division.
        36 words
      • Article
        Lock icon Avaya's new appointment
        30 20 US-BASED Avaya Inc has appointed Garry Scarborough as marketing director for the Asia-Pacific region. Mr Scart)oroufih was previously marketing director with Hitachi Data Systems for the Asia-Pacific.
        30 words
      • Article
        Lock icon Boa Systems' new promotions
        52 20  -  Ill Ifcyl Leo Kee Chye BEA Systems Inc has promoted Julian Quinn as regional vice-president for South Asia, Australia and New Zealand; and Lhn Chin Kmg as technology officer for the Asean region. Mr Quinn was previously managing director for South Asia; Mr Lim was previously
        52 words
    • Article
      Lock icon JDS customers intent on depleting stockpiles before renewing orders
      501 20  -  Until they do, it will be hard to gauge the depth of slowdown in the itui for its products By* Justin Baer Bloomberg [SAN JOSE, California] JDS Uniphase Corp's three biggest customers, Alcatel SA, Nortel Networks Corp and Lucent Technologies Inc,
      Bloomberg  -  501 words
    • Article, Illustration
      Lock icon Compaq, PwC to offer ASP services to SMEs
      530 20  -  Called Tailored ASP Business Solutions, it will initially software on rent from SAP AG Byl Tang Weng Fai COMPAQ Computer Asia Pacific and PwC (PricewaterhouseCoopers) Consulting have tied up to launch an ASP (Application Service Provider) business aimed at SMEs (small and
      530 words
    • Article, Illustration
      Lock icon Slugfest soon in the palmtop space
      761 20  -  11 i comment INFOTECH The battle between Palm and Microsoft may benefit the consumer In the long ran chen huifen The writer is a BT Journalist THERE'S a new battle in the palmtop world with two giants Microsoft Corp and Palm Inc— fighting for
      761 words
    • Article
      Lock icon How smart can a house get?
      369 20 The Ut&Oy-wired home could be just a couple of years away AP [AUSTIN, Texas] Imagine being paged with word that the milk in the refrigerator has spoiled. Imagine turning off the porch light at home while vacationing at the beach. In the future, when
      AP  -  369 words
    • e Biz Infrastructure
      • Article, Illustration
        Lock icon Let your words do the selling
        1106 21  -  Many companies today spend more time, effort and money on graphics and animation than on crafting the text that actually sells the product DAfD mok offers some guidelines on how to write effectively for the web DAVID MOK The writer is CEO of Internet
        FILE PHOTO  -  1,106 words
      • Article, Illustration
        Lock icon Merge to get more leverage: Andersen
        319 21  -  By Leo Kee Chye SINGAPORE-BASED contract manufacturers in the electronics industry should consider merging with firms in logistics to form an end-to-end supply chain. They should also focus more on reducing their inventory and fulfilment costs, which form up to 80 per cent of
        319 words
    • Article, Illustration
      Lock icon The end is not in sight yet
      1294 22  -  Brace yourself for the next leg of the IT downturn, as the software cycle slips into the downside after the hardware cycle From Stephen Roach The writer is chief economist of investment bank, Morgan Stanley in New York THERE'S no dark secret to
      AFP  -  1,294 words
    • Article, Illustration
      Lock icon How to ensure e-security for e-biz
      589 22  -  IT In an era where anonvmoos transaction* occtir over compntar prtnif M»trtity john palfreyman The writer is managing director (Asia-Pacific), Baltimore Technologies THE world saw its first reported case of digital certificate fraud this March when Microsoft issued a report warning customers that an
      589 words
    • Article
      Lock icon Sybase beefing up S'pore operations
      313 23  -  fly Tang Weng Fai US-BASED Sybase Inc is beefJng up its Singapore operations, upgrading its local -R&D arm, and renewing its customer base in its traditional database business. Its HAD arm here now employs 40 people out of its total headcount of 110 in Singapore.
      313 words
    • Article, Illustration
      Lock icon HR savings through Novell's new solution
      337 23  -  Byi Chen Huifen US-BASED Novell Inc launched last week its new "Employee Provisioning" solution which, it said, will save it U*****,000 a year in employee-related costs. The solution is directory-based and assigns each employee different levels of access to resources, information and applications based
      337 words
    • Article
      Lock icon Winbond may join IDM partner to build 12-inch-wafer plant
      165 23 AFX [TAIPEI] Winbond Electronics Corp said that the company does not rule out the possibility of Joining forces with an international integrated devices manufacturer (IDM) in the construction of a 12-inch-wafer plant in Hsinchu. Winbond spokesman Hander Chang was quoted by
      AFX  -  165 words
    • KNOWLEDGE management
      • Article, Illustration
        Lock icon Factiva to push new database
        857 24  -  It will merge the offerings of its two existing products Dow Jones Interactive and Reuters Business Briefing and phase them out by 2003. val ghva finds out more from its director of marketing for Asia VAL CHUA NEW YORK-based Factiva, a joint venture company formed
        857 words
      • Article
        Lock icon We're not worried, says LexisNexis
        222 24 FACTIVA may have high hopes for Factiva.com, but the mood at information database leader LexisNexis at www.lexisnexis.com— seems confident as well. "We have been in this business for almost 30 years now," said Eva Au, managing director of LexisNexis Asia-Pacific. "We combine exclusive content editorial
        222 words
      • Article
        Lock icon Why people come first in KM
        487 24  -  It's all about brain power and the sharing of human experiences, says kavivig RAVI VIG The writer is a consulting manager with SCS Foresight, the business consulting arm of Singapore Computer Systems KNOWLEDGE, which is cultivated from information, and then turned into skills and
        487 words
    • Article
      Lock icon Bioinformatics: 14 letters that spell the future?
      526 25  -  It's become a buzzword because firms believe it can give them an edge Byl Terence Chea LAT-WP IN the headiest days of the Internet craze, newly coined business terms such as "e-tailing" and "business-to-business e-commerce" became buzzwords no self-respecting techie could do without.
      LAT-WP  -  526 words
    • Article
      Lock icon Intel's design to connect devices may be standard
      304 25 It will mean PC and server users won't have to boy connectors of different standards Bloomberg [SAN JOSE, California] Dell Computer Corp, Compaq Computer Corp, International Business Machines Corp and Microsoft Corp are working with an industry group to study an Intel
      Bloomberg  -  304 words
    • Article
      Lock icon US Commerce Dept computer security lacking: report
      177 25 Bloomberg [WASHINGTON] The Commerce Department, which compiles US economic statistics, has "pervasive computer security weaknesses" that put sensitive data at risk, a General Accounting Office study has found. The agency, which conducts investigations at the request of Congress, identified four deficiencies. Many systems
      Bloomberg  -  177 words
    • ON THE SHELF
      • Article
        Lock icon InFocus' XGA projector here
        48 25 InFocus Asia-Pacific has launched its new projector, the LP29O. It costs 18,199, weighs 2.6 kg, offers an XGA resolution with 400:1 contrast ratio and 1,100 lumens' of brightness. It comes with short throw zoom lens and 1.3 x wide-angle zoom. For details, fax *****25.
        48 words
      • Article
        Lock icon Trend Micro's ScanMail here
        46 25 JAPAN-based Trend Micro Inc hat launched Scan Mail for Microsoft Exchange 2000 V 5.1. It protects companies against e-mail borne viruses in the MS Exchange 2000 environment. It costs US$2,lOO for 100 users, and US$5,OOO for 2SO users. For details, fax *****97.
        46 words
      • Article
        Lock icon Win XP releases preview version
        40 25 MICROSOFT Corp has released a preview version of Windows XP—caQad Release Candidate 1 (RCI) —in Singapore. It costs $19.95. The kits expire in 180 days from the date of installation. For details, go to www.mkroaofi.am/singaport.
        40 words
      • Article
        Lock icon Cyclops from e-Cop.net
        41 25 SINGAPORE'S e-Cop.net has launched its Cyclops IDS (Intrusion Detection System), an automated, real-time system for enterprise computer networks. Cyclops will comptement e-Copjwt's 24-hour Internet Security Surveillance Services, the company said. Prices start from $1,000. For details, fox *****83.
        41 words
      • Article
        Lock icon Meta Group's benchmarking here
        38 25 US-based Meta Group Inc, an IT research and consulting firm, has launched its benchmarking practice in Singapore. The service offers assessments on market competitiveness, prices charged, and quality of competitiveness. For details, fax *****29.
        38 words
      • Article
        Lock icon Gateway launches e-learning courses
        39 25 GATEWAY Inc*s has launched its 'Office Productivity Online Training* .which offers online training courses on MS Office XP/2000, Lotus Notes and Win NT. It costs $149 for a year ofunlimited access. For details, visit www.karnatgakway.com.
        39 words
      • Article
        Lock icon Borland expands e-learning series
        32 25 US-baaed Borland Inc announced its new interactive training course—Enterpriae Javaßeans Development Fundamentals—an extension to its e-laaralng series. Prices start from $450. For details, e-mail trxUning@borkmd.com.sg or fax *****77.
        32 words
      • Article
        Lock icon Dell's 2 new notebooks
        72 25 DELL Computer Corp has introduced two new notebook computers—lnspiron 8100, and Latitude CBlO. Both run on Intel's new 1.13 GHz Mobile Pentium ID processors with 128 MB RAM and 56 kbps modem The Inspiron 8100 costs $4,300f0r a 15-inch SXGA+ display, 8-speed DVD-ROM, and 20 GB
        72 words
      • Article
        Lock icon Serial System's data bank
        46 25 MAINBOARD-listed Serial System Ltd unveiled a hand-held personal digital data bank device, called 'mine'. The device supports Win 96/2000/ ME, can store data flies, digital graphic formats, and audio files. It will debut later this month at US$599. For details, e-mail mint@mineterapin.com.
        46 words
      • Article
        Lock icon Western Digital's Caviar soon
        43 25  -  Compiled by Leo Kee Chye WESTERN Digital Corp has unveiled Its Caviar 100 GB 7200 RPM drive, for Intensive business applications, digital video editing, muaic, movies, and photography. It will debut this month at US$299. For details, fox *****09.
        43 words
    • Article
      Lock icon Online music laws to promote competition
      288 25 Reuters [WASHINGTON] Legislation unveiled on Friday aims to rewrite music licensing and copyright laws to promote competition among online music service distributors and make it easier to buy and sell digital songs. Major music companies that recently entered ventures with other firms to distribute
      Reuters  -  288 words
    • Article
      Lock icon Jupiter revises dot-com views
      217 25 Reuters [NEW YORK] Turmoil in dot-com land has led Jupiter Media Metrix to lower some of its short-term growth forecasts for parts of the Internet sector, such as online retail and online advertising. But Jupiter, one of many Internet research firms that came under fire after
      Reuters  -  217 words
    • Article, Illustration
      Lock icon Prosecutors mull impact of Windows XP
      718 25  -  By, Jonathan Krim LAT-WP [WASHINGTON] State and federal prosecutors in the Microsoft antitrust case continue to wrestle with a critical decision: whether to try to block the release of Windows XP, scheduled to reach stores on Oct 25, or to have the company modify
      LAT-WP  -  718 words
    • NET impact
      • Article, Illustration
        Lock icon Intelsat to launch 9 more satellites in the next 2 years
        823 26  -  M-ii exclusive The company will invest USs3.sb for expansion and is eyeing an IPO, reports tamo wbnb fai TANG WENG FAI BERMUDA-based Intelsat Ltd will invest US$3.5 billion over the next two years to launch nine geostationary satellites that
        CHRIS LOH  -  823 words
      • Article, Illustration
        Lock icon S'pore firm's innovative digital multimedia recorder
        449 26  -  By Chen Huifen SINGAPORE-based Optics Storage Pte Ltd last week launched its digital multimedia recorder (DMR) last week, claiming it was the world's first to allow remote access recording. Developed by Optics' in-house R&D team of about 15 engineers, the DMR offers remote programming
        449 words
      • Briefly.com
        • Article
          Lock icon InnoMedia's BuddyTalk...
          72 26 SINGAPORE-based InnoMedia Pte Ltd, that provides Internet telephony appliances, has launched BuddjTaft. an Internet voice communicator, which can be downloaded free at www.buddytalk.com. It offers four ways of communicating: multi-party conferoncing, PC-to-PC worldwide calling, PC-to-phone railing and 4 instant messaging. Only the PC-to-PC worldwide caffing. Z and the
          72 words
        • Article
          Lock icon ... and IP VideoPhone
          55 26 and IP VideoPhone InnoMedia has released IP VideoPhone version 2. The software allows interoperability (with Polycom's View Station, Via Video, PictureTel, Net Meeting. and others) and multi-party videoconferencing, plus improved video and audio quality. Uaers can configure and upgrade the software via a weh browser ftxxn any PC on the
          55 words
        • Article
          Lock icon NTU portal by Adroit
          37 26 MAINBOARD-listed Adroit Innovations Ltd said it has designedanddevelopedaportal—called iOema—for NTU (Nanyang Technological University). iGems is a J. personalised portal for students, staff, associates and Industry partners to do campus-wide publishing, ft-trnnnartinna, p-mllahnrwHnwand A-laamtng
          37 words
        • Article
          Lock icon Abacus booking for Royal Brunei
          42 26 SINGAPORE-based Abacus International has developed iL an Internet booking service for Royal Brunei Airlines, ft allows passengers to buy tickets, choose how to collect tickets, specify seats and meal preferences online through the airline's website at www.brumiair.com.
          42 words
        • Article
          Lock icon Home Nursing Foundation goes online
          39 26 HOME Nursing Foundation, a voluntary organisation T which provides healthcare services to the elderly sick in Singapore, has launched its new website— www.hnf.arg.sg. The site was developed and sponsored by Singapore-based Synergy ITCPte Ltd.
          39 words
        • Article
          Lock icon Qala's protection for enterprises
          50 26 QALA Singapore Pte Ltd, which offers business mmmnniraHnna awrtrWa intmHnrii rtw> Cfrto Bull Virus Protection service, ft scans and cleans attachments on incoming and outgoing e-mail Unlike most and-virus packages, this sits in Qala's network and is updated by the service provider. For details, fiax *****80.
          50 words
        • Article
          Lock icon Leads2Trade from Comex
          61 26 SINGAPORE-based Commerce Exchange (Comex), that provides e-solutions for trade, finance and logistics, has launched its new trade information service. Called Leads2Trade, it allows businesses to search for import and export trading opportunities by bringing together trade leads from various trading websitas around the world, ft also filters,
          61 words
        • Article
          Lock icon Free scans for Code Red
          29 26 US-based Network Associates Inc nowofforsfree scans f for the Code Red worm with its CyberCop ASaP worm-scan service. You can download it from www.mcqfiMuap.com.
          29 words
        • Article
          Lock icon IPlanet's bill payment solutions
          64 26 iPlanetE-commerce Solutions, a Son-Netscape AHianoa, has unveiled its bill payment solution for both 828 and B3C businesses. Called BillerXpert version 15, the B3C edition allows businesses to streamline the billing process by letting customers view and pay their bills through wireless devices like handphones Theß2B edition
          64 words
        • Article
          Lock icon More youths seek web entertainment
          76 26  -  Compiled toy Leo Kee Chye SINGAPORE youngsters aged between 12-17 spend double the time on surfing entertainment sites now compared to last year, according to a report from NielsenZ/Netßating "More than 00 per cent of teenagers visited entertainment sites, as compared to only one-third ofthe
          76 words
  • Page 19 Advertisements
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      217 19 THAI VILLAGE SHARKSFIN RESTAURANT f From <jh Q.B0 1 ■■■Hk (mim. 2ptrmms) |MBWBBH^q^E^saSifc^^^,«> we b, P N, Set Lunch (A) Set Lunch (B) $28.80++ per person (min 2 persons) $28.80++ per person (min 2 persons) j\> j Braised Peaoral Fin Braised Pectoral Fin f Salted Baked Chicken r Pandan Chicken
      217 words
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      Lock icon Page 19 Advertisements Column 2
      67 19 TOP STORIES How to write effectively for the web Pg3 IT downturn: the end's not in sight yet P|4 Factivatopushnew web-based database Fie Intelsat to launch nine more satellites FIS COMMENTARIES Slugfestsoonin the palmtop space P«2 JotmPattr^pas How to ensure e-security for e-biz Pit IT Comment, Pg 2 -sr. NEC
      67 words
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      166 21 mm it i i gpSOMi INFRASTRUCTURE TOGETHER. p**"? jhm i MH^ ■aMHPJHII l! f j T 77ie most complex infrastructure SS^ffiFSpflE^^' 1 challenge for mobile e-business is: Web page sizes Responding to a billion wireless devices Reconciling 30 different platforms, including Bluetooth, WAP and Palm All of the above —efc-'SsKflS.^.,-
      166 words
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      Lock icon Page 21 Advertisements Column 2
      1 21 with
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      198 22 An exclusive summer invitation eom American Expmess'Cahomembeks. You'll be basking in the sunshine of Save up to 55% at nine Raffles International hotels and resorts till August 2001. Travelling between June 1 and August 30, 2001? With the exclusive American Express Summer Invitation, it's so easy to v say "Yes".
      198 words
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      155 23 I Wmf K fl V fl fl Vfl R VI v V R v ■/I r I V A r K^nflH a JTx^l <4 r -'M II „y I I KJ j- ifimp* '^iy ?*s£&&i^ksL&-i%. 4.;, i ifi 'rn rf ,nr» r yjL 3»»-a3sw /U&&& The demands of operating in
      155 words
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      171 24 11 The Document Comrwt FUIXEROK Break away from convention. >1 Copiers. Printers. Scanners. Multi-functions. Just a suite of office equipment? T Obviously so. but the answer is NO. v' 'V Not when their potential is fuHy tapped. At Fuji Xerox, if s about breaking away from the convention of under-utilization.
      171 words
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      3 24 XFUJI XtROX I
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      191 25 The Integrated ""BItSIfICSS) Solutions with BackOffice ERP made Affordable. Software you'll never outgrow Macola MSSQL 1 SQL 5 User License PoyoWe, Account* Rece.vobie, Assets law Hook, Currency Monayr, Inventory Managua, Onfar Entry, Purchase Oder, 1 s<SOfMo*»rial,AdvancedDmribufcorand I j Produckon Odw Processing J IBM Netfinity 5100 Server Pentium i 933 MHz
      191 words
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  • SHIPPING TIMES
    • Article
      Lock icon SHIP SALES
      113 27 THE HOLIDAY season seems to be in full swing with a noticeable downturn in movement. There are also rumours in circulation which have yet to result in firm sales. Perhaps, one of the most significant of them concerns the World-Wide Panamax bulker World Raven (72,000/96), which has been
      113 words
    • Article
      Lock icon Vessels sold for further trading
      176 27 Simpson Spence Young MUGOIIBM ♦Sincere Olympus: 37,027 tdw bit 82 Kurushima crs 5/25 ts reported sold rei gion U553,500,000 to buyers in Taiwan. ♦Sea Rose: 27,622 tdw bit 84 Mitsui crs 4/25 ts reported sold region U554,650,000 to Greek buy5T*. ♦Maersk Nautilus: 277,000 tew bit
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      Lock icon MARITIME STOCKS
      217 27 m* *h CWT DtttrtOutloo 0.52 undi 0 Chuan Hup 0.33 undi 440 Caaca 0,12 unch 70 QrtMgMUnki 0.00 unch 36 OBHokSnq* a SI and) 5 MCHaMnot-MK—MO Midi 0 J«yi HoMngs 0.15 undi 615 MppalCarp 162 -0.02 12*2 MppatFCL* -1-22 0.01 952 Mw*IMarlM___atr undi 6341 MppttTal* 102 -0.01 952
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    • Article
      Lock icon Shanghai sets up firm to raise logistics capability
      566 27  -  Move to meet international standards after China's WTO entry By. P T Bangsberg IN a bid to improve often poor supply chain management, China's main port and commercial capital established a joint-venture logistics firm backed by the Shanghai municipal government and nine
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    • Article
      Lock icon Over-capacity should be seen as short-term woe
      718 27  -  LDVER SCENE By David Hughes THERE has been a deafening silence from the Far Eastern Freight Conference (FEFC) about progress on reducing capacity on the Asia-Europe trades. Media speculation has it that nothing was achieved on that score at the FEFC principals' meeting
      718 words
    • Article, Illustration
      Lock icon Great Barrier Reef gets safety, pollution boost
      263 27  -  New rnles make pilotage compulsory for certain areas From 1 Evelyn Duffy in Perth SHIPPING safety and pollution prevention for Australia's World Heritage listed Great Barrier Reef region has gained a boost with the passing of new regulations. All vessels over 70m in
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    • Article
      Lock icon Three big players form handysize pool
      125 27 [LONDON] A trio of major players in the bulk trades are to form a new handysize pool. Wah Kwong, Pacific Basin and Torm will launch the International Handybulk Carriers grouping, which is expected to consist of up to 30 ships, in October and will
      125 words
    • SHIPPING news
      • Article, Illustration
        Lock icon Shipowners slam ITF campaign against Liberian register
        543 28  -  They say placing Siernt Leone war issue at their feet is hypocritical Reports from David Hughes in London THE Liberian Shipowners' Council (LSC) has hit back strongly at the International Transport Workers' Federation (ITF) campaign to persuade owners to leave the Liberian register
        543 words
      • Article
        Lock icon Call to implement STCW convention
        265 28 It requires no more than nwiUrtakin^ between maritime bodies ISF THE reluctance of some labour supply countries to enter into flag state recognition agreements with flag states could mean that seafarers could not be issued with the flag state recognition endorsements that will be necessary
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      • Article
        Lock icon Isma backs IACS chief's comments
        168 28 THE International Ship Managers' Association (Isma) has welcomed comments made by Igor Ponomarev, the newly-appointed chairman of the International Association of Classification Societies (lACS), regarding the areas the lACS and the industry needed to focus on. Isma executive vice-president Alan Ward said: "Isma considers the
        168 words
      • Article
        Lock icon Changes in the air for cement shipping trade, says OSC
        248 28 THE world cement shipping trade can expect a changeable few years, according to the latest report from UK-based Ocean Shipping Consultants (OSC). In Cement Trade and Shipping: Forecast Developments to 2012. the OSC predicts that a decline in US imports
        248 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      257 28 PAGE AhmfcM 10 Am*** 5 Assets S Austral 6 Av«nt 10 B'tangMas 6 BSA 7 BSC 9 m to Bat# 4 totammdo 9 BaysMter 10 CCMI 7 CMACGM 3 C0SC0 3 t Central Ei 6 Chaheya 10 CMnaSHpq S Confer 10 stipg io Colony Log 5 t
      257 words
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      Lock icon SHIPPING GUIDE
      10904 34 THEBUSINESSTIMES Page 8 EXPORT ETA ETA Advertlier Vessel Voyagt Telephone SI OosTh Mam* Not* Hunter Number BHHHIHIHBBMMHMHBnHHMBMMMMMHHi To ABIDJAN (ABJ) 2003 Cot* D'I voire WW WW Klan Hung JUSTICE CONTAINER JC104S 05-*****13 O/W 21/W Setramar VILLE DC VELA 3MW 45-*****03 15/01 20/W C0SC0 NUMBER BRIDGE 0001W *5-*****00 20AM
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    • SHIPS IN PORT
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        Lock icon CONVENTIONAL WHARVES
        430 37 Vmd Voy gwj> Vrhwl Ptyarty s««ohm« Mn m a&ntnx ovovkm TIMI DM JM 05/08/5:40 06/08/840 HSmJ tar05 JOI 05AM/9J0 05AM/T7«) •t HMtf J (T *«HM jot ovm/u-05 osam/zjs* Mm Star 002* JM 05AM/1140 06/08/240 niinnnn VOR J24 0SAM/M40 08AM/B40 mm* zm joi otwnn wovnoo S#c Cj»r*or 12 JO
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        Lock icon CONTAINER SCHEDULES
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        Lock icon GLOBAL HOLIDAYS
        155 37 UpK> Singapore: National Day South Africa: National Women's Day Thailand: HM The Queen's Birthday South Korea: Liberation Day Switzerland: Assumption Day Spain: Assumption Day Belgium: Assumption Day France: Assumption Day Italy: Assumption Day it 17 Indonesia: Independence Day lagan 17 United Kingdom: Summer R«nk Holiday ■gat II Malaysia:
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        Lock icon COCKETT BUNKER MARKET REPORT
        764 37 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prima tor a more comprehensive deacriptioa at the market Prices shown are baaed on a veragestxed stem Market movements are indicated. The Cockett Bunker Price Index change and the
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        Lock icon VERITAS BUNKER QUALITY REPORT
        446 37 CrtM NO Mm NU 0l5 5.1 OJt 44 043 0— T Mfci Mi AMmIMm ittmm B»MomE25 0 t 1 SB 3M An 9044 OJ 04J OjM 20 0.02 Com 300 Mai flU 0J U U SO 049 m n »"W W mm* 0».MomC3S 1 0 1
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    • AIR & LAND transport
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        Lock icon EU wants higher payments for bumped air passengers
        539 38 It threatens mere intervention to reinforce passenger rights Bloomberg [BRUSSELS] European Commission transport policy chief Francois Lamoureux would have discussed air passenger rights with Swedish ministers last July if his flight to Stockholm had not been delayed. Mr Lamoureux wrote to the
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        Lock icon Anti-trust suit against airlines dismissed
        226 38 Reuters [NEW YORK] A lawsuit that accused AMR Corp's American Airlines, Continental Airlines, Delta Air Lines and United Air Lines of fixing commissions for travel agents in the Caribbean and Latin America has been dismissed by a US judge, the airlines said. US District Judge
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        Lock icon Continental says AA-BA alliance anti-competitive
        84 38 AFX [HOUSTON] Continental Airlines Inc said it is opposed to a strengthened transatlantic alliance between AMR Corp's American Airlines and British Airways pic. "Their agreement would increase the two carriers' already dominant position in the US-UK market, particularly at London's Heathrow Airport. This grossly anti-competitive
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        Lock icon SAS deputy CEO quits over Maersk pact fine
        427 38 Airline says it is setting up a new management beard Bloomberg (COPENHAGEN] Scandinavian Airlines System's deputy chief executive Vagn Soerensen quit his post, two weeks after the Nordic region's largest airline was fined over a market-sharing agreement with Maersk Air that broke
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      • LOg Book
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          Lock icon Virgin to fight BA-AA code-share pact
          88 38 Dow Jones [NOR WALK, CT V irgin Atlantic Airways, a unit of Virgin Express Holdings pic, will fight the proposed code-sharing pact between British Airways and AMR Corp's American Airlines unit. In a press release, Vlrgfat Atlantic's chairman, Richard Branson, said: "This proposal was
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        • Article
          Lock icon United's July load factor slips
          47 38 Reuters [CHICAGO] United Airlines, the No 2 carrier in the US. said its load ffcctor fell to 7&5 per cent in July from 78.7 per cent a year ago. Load factor is an industry measure of how much aircrafi capacity is used.—Reuters
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        • Article
          Lock icon KLIA's passenger volume in H1 up 4%
          89 38 AFX [KUALA LUMPUR] Kuala Lumpur International Airport (KLIA) in the first half recorded a 4 per cent year-on-year increase In passenger traffic volume, die New Straits Times quoted Malaysia Airports Holdfeigs Bhd executive director Adnan Shamsuddin as saying. Mr Adnan said KLIA received
          AFX  -  89 words
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        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1714 38 cm fubw n* ruaw n» MMm tm no 1*7312 2055 MMM SO35 0700 KUM 2255 6M75 US SO 3* 2)45 MP MB MM MM M UBM MM SUM 2045 MM Ml S042II 1020 *****5 2045 was mm m* mm mm tumip.i M42i noo sow om SOW
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      1 27 vvAvw.rriaritimeChaiii.coiii
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      507 28 •bn»&^vkm nqrantodby Mwnbr* of #w fagidry of Member* oUhe |HBP!I *»«*•<* Shipping Agm*. S,r W of Singapore Shipping Atiocialion Jli Awocicrfion CONVBmONAICAKO vanr etapkl eta sin eta male PrtafM Uh MM I4M IMB B« tapmU* MM IMi «W IM UU MARINE SE3MCES SINGAPORE rtafSMmraiM itaMW EX TJLUJjSLMtO JAKARTA Vwwl V»y
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      686 30 U*S, ec f.«u>Mkmam l-IV/V- J CMNBMIIiniIHII SBLh (084)51C179 MM> 011) HI 111 I Pe*AWQ: <P4)2g3453S BANGKOK: (MS) 2SBMS7 SURABAYA: (SI) SMSZII RWELANQt<Ba»«M«ry JKTi(II) WOCM6 «JCI—IjMI) ***** l I MILBOURNE/SYDNEY/BRISBANI PIRAEUS MV "FEI YUN Hi" V.562 MV "PAO NEDLLOYD SCOTIA" V.1513 ETA SIN: 09-08-2001 ETA SIN: 07-08-2001 QINGPAO COLOMBO MV "OOCL
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      457 30 WEEKLY EXPRESS SAILING SCHEDULE WBTBOUWITOiCOLOKBOft NHAMSHBA(CFSNULUND.MUMM) also mmm to all mwtnbm mb westbw co nan nmmm Iww ts-wglcou—daswd (o—oi Icmsom «HB« whmbh MMMHOnES Ml* 13 AUG II UK BMK mtm m mm (MM omnia rss lOttrawy TTIIK KMK 75 MK 71MK MMIBBU mwm ww m MB WW VMK liar KSff
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      1325 31 ivma. voy khh hko I son pkl I px> ifi —Tdmm ns MAN KIKMAN KL-219 07/0* 08/08 11/Ot 12/08 ***** ***** 2X/(M 24/08 MAN ISFAHAN PQ.-220 14/ M 15/08 18/06 19/ M 26/08 27/08 29/08 31/O* MAN HOMMOZOAN FCI-221 21/09 22/09 25/09 26/09 02/09 03/09 05/09 07/09 MAN IMMAN PCI-222
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      414 31 NAZU G RDM/ATW/BMN/UK/LPL. I TINA 1 RDM/ATW/BMN/UK/LPL I Lotto >toto>»*. tnrtnn— I RANER I I PISCES EXPLORBI JOVAQM3MT I IALQMMYYU JOH/AOA I I RADIANT CANOPUS ADN/HOOJOH I I HATTME ANA JOtVAQA I ALCESTB D6VABU/DOH/BRN/DMM/KWT I I PRABHU OAS DeVAaU/DOH/BRN/DMM/KWT I ILoadng for 1 cuo mane cam/nfk/sav/nol I ASTROMAR MZIAAX/VCW/VCB I
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      860 32 INDONESIANAnONAniW^I TO AUSTRALIA "H fwxcowct—wmmm. at y m m m m m m m m HKam -km i%m nm tSm www m oih/» nm iMivi~n/ST rmmm cs q/mii/m T T mmm j«nb/M»/M mm m/m u/n ivn T FEEDER SERVICE TO INDONESIA jfiMl "Si ~~z m"_ I wi I I I
      860 words
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      451 33 i BSA i. tiIMR MYANMA VBBBk FIVE STAR UNE NMIImoI UM) l—4k% hr Yn«m vesa vot sm m mm rai HPA-AM 281W SU ■OHU 488 SU IMtATStt AGENTS: BOOSKAO SMVPM6 MBKKS OL IK 03-*****3 M «L TH 03-*****101 PBk IB 84-MI34M Ktfc TH 07-*****21/4 BANK LINE (A wnrto tl kmkrm
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      1140 33 HMtrf _HYUNDAI_MERCHANT MARINE CO., LTD. I*** Ml MM I UM I HO I AW I Wl I(WM VOT I 508 I 101 (01 M* MM I TT APISABONTX MM 83/01 30/01 33/ M 35/08 33/ M NTBMKft XMi 23/07 35/07 38/07 ~T~ H/» \i/V SffiS" sS 8S wS nS 03^0
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      783 33 «Hiv WALLENIUS WILHELMSEN TO NORTH AMP LATIN AMERICA 'CAR/BOtO/HUVYUfT SERYKr IVBSB VOT um HBGWT I«I UT I i*o i* IM»I ML I OBF I WTC MEW I fij~| wnou AMII4 4001*1 um 12/00 10/00 22/00 24/00 24/00 27/00 29/09 03/10 IsTii" AMII7 4001 ms a/01 04/10 07/10 00/10 11/10 11/10
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      780 35 INDIAN SUB-CONnNDCR Mumbai, Nhava Sheva, New Delhi, EUROPE: All base ports and inland locations Calcutta, Kandla, Ahmedabad, Ludhiana, Jaipur, Jodhpur, NORTH A SOUTH AMERICA: USEC, USWC, inland locations in USA and all other Nagpur, Chennai, Cochin, Bangalore, Hyderabad, Coimbatore major countries in South America MIDDLE BASK Dubai, Jebel All. Abu
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      589 36 Ivessel^VO^^Sl^^MS^Sl^l TIGER BRIDGE 906N 06-oao6 14-17/06 21 22/06 I TIGER RHYTHM 911N 17-2006 25-2608 I MILD6URG 14N01 14-1506 20-24/06 28-2908 I TIGER SPEED 913N 18-19/06 24-27/06 01-0209 I TIGER BRIDGE 912N 21-22/06 28-3106 04-05/09 I TIGER RHYTHM 915N 25-2606 31-0309 07-0609 IVESSEL^^voy^SJ^^^CA^^SIF^I XPRESS PADMA 409 09-1006 17 19/06 27-27,06 I
      589 words
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      830 36 FREIGHT LINKS IXPRISS PTI LTD 51 F*»njoni Road, 3rd Lovol, Freight Links Express Logistic en tre, Singapore *****3 Tel: *****11 Fax: *****77 E-mail: flesindsingnet.com.sg Introducing VALPARAISO SOUTH AMERICA SANTOS MANZANILLO fortnightly service BUENO AIRES Booking 267# 5565/4694/5535/5539/5541/5553/5569/5579/5562/5563 PttOJICT SHIPMENT A HEAVTUR CARGO (CONVENTIONAL A NOtO) M/SSTi. H/P»*74*l*77 LOGISTICS A WAREHOUSING
      830 words
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      824 36 rb |PDZ LINES IP^SaSSn U4 Joi GWUAT mo 11/ M SHMUMI 1114 10/ M GUM 2122 13/01 GUAM 2122 1 13/ M GKENG 212*7 IS/M GKENG 212*7 IS/OI GUOO 21IM 19/01 GUOO 21IM 19/00 GIHUAJ 2191 11/00 SWMUNI 1 2115 20/00 GtIAN 2123 24/00 |aUAW 2123 20/01 SHMUMI 2114 10/00
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  • Page 37 Miscellaneous
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      128 37 MREGIONA Mi FOR 7AM 6 AUG 2001 WZ^^Lam LEGEND: issued by Meteorological Service Singapore K Thunderstorm Showers o Wi!^T Ufe Wind direction and speed in knots Cloudy Day Weather 0-0 Ha2 e. Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or liQht and variable winds Slight,
      128 words
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      677 38 INFORMAL RATE AGREEMENT (IRA) SINGAPORE MIDDLE EAST TRADE RATE RESTORATION ON 1 SEPTEMBER 2001 The Member Lines of the Informal Rate Agreement (IRA) wish to inform the trade that a rate restoration will be implemented with effect from 1 September 2001. The level of rate increase will be USDSO per
      677 words
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      15 38 A I AIL A B I E "SALE ■j TUG BOATS SUPPLY BOAT. CRANE BARGE
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