The Business Times, 29 April 2002

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Microfilm: NL24434
Total Pages: 34
1 34 The Business Times
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  • Title Section
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    17 1 THE BUSINESS TIMES MJTA (P) 010(03/2002 Snierriet: http //business-times.asial com.sg SINGAP ORE MONDAY. APRIL 29. 2002 85*
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  • Article
    Lock icon MARKET SUMMARY
    66 1 ST0C1 HiBZET INDICES Week Change sn 1.7J&3J IH SIMSCI FliTL'8£_J 17 JO BT-SW 7ML96 +4.79 KLSECOMP Mil} +3J2 NIKKEI 11M1JI +29J8 HANG SENG—11,386.08—+***** SET INDEX ***** -10J3 JAKARTA OQMP-MMf +7.18 MANILA 1.323.96 -77.40 TAIPEI WPI UMJI -141.19 SEOULCOMP mtf> M3S SHENZHEN B—***** -&4C AUSTALLQSDASMO -2180 DOW JONES _AI1«L72
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  • Article
    Lock icon FINANCE
    65 1 FOmtlZB US$ USJ (SS per US$) im £(US$/S$per S) 1.464 1829 EURO(US$/SS/E). mi 1.822 Wl 1211 L226 YES 12&6 71.10 KM 1800 1101 HK$ 7.790 4113 BAHT 4124 2191 WJPIAB 1296 6,140 PBIME KATES SINGAPORE* 526 KUALA LUMPUR 6.40 BONG KONG 5.126 JAKARTA *09 TAIPEI 6.725 TOKYO 1J76 SEOUL
    65 words
  • Article, Illustration
    Lock icon Creative to pitch keyboard combo at China market
    680 1  -  ■TIJ'IJIIUWJ Marketing blitz will include new sales channels, 'ProdiGirls' By Kenneth James [SINGAPORE] Creative Technology is planning a multi-year marketing blitz in China to help its latest product, a keyboard combo dubbed Prodikeys, strike a chord in the giant market. Creative's China
    680 words
  • Article
    Lock icon Financial liquidity in Japan seen to have reached 100t yen
    710 1  -  20t yen could head for foreign shores ex-BOJ official From Anthony Rowley in Tokyo A SEA of financial liquidity of around 100 trillion yen (SSI.4 trillion) has built up in Japan as depositors fled bank time deposits and the Bank
    710 words
  • Article
    Lock icon White House sees growth slowing to 3.5%
    447 1 Economic adviser nrges caution after Ql's big 5.8% jump Reuters [WASHINGTON] A top economic adviser to President George W Bush said on Friday that US growth is likely to slow from the first quarter's 5.8 per cent to an average of 3.5 per
    Reuters  -  447 words
  • Article, Illustration
    Lock icon Brain drain to Silicon Valley? No, ifs brain circulation
    590 1  -  Top Asian talent bringing home new expertise: survey From Jennifer Lien in Silicon Valley ASIAN countries need not worry about a "brain drain" of top talent to greener pastures in the West, according to a new report coming out of Silicon
    Source: Public Policy Inst of Casoma  -  590 words
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      116 1 Hock Lock Slow Listing on SQX: How committed are foreign companies? Top Storlos i f Quarterly reporting of corporate results will provide better insights: market watchers. Pg 4 KLW hopes for turnaround this year or the next. Pg 8 V ■HyA 1 I Euro shrugging off Le Pen surprise. Pgl6
      116 words
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      8 1 Strong growth, but weak business sentiment, Next Page
      8 words
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    • Article
      Lock icon Waterina: 140 units sold over weekend
      418 2  -  By contrast, lildcold Hodcni onlysold2nmtB By Kalpana Rashiwala [SINGAPORE] With concerns about changes in CPF rules on housing slowly abating, Capita Land managed to sell another 140 units over the weekend at The Waterina condominium in Guillemard, boosting take-up to 70 per cent or
      418 words
    • Article, Illustration
      Lock icon NTUC co-ops to absorb part of planned GST hike
      462 2  -  lim Boon Heng urges other firms to follow suit By Angela Tan [SINGAPORE] NTUC cooperatives will absorb part of the proposed increase in the Goods and Services Tax (GST), NTUC secretary-gen-eral and Minister in the Prime Minister's Office Lim Boon Heng
      462 words
    • Article, Illustration
      Lock icon Europe's wake-up call
      731 2  -  ■UMMaUallaAAU ECONOMICS France's shock election result is Europe's problem too, for the factors that favoured Le Pen are found across the continent vikram khanna FOUR weeks ago, a former French prime minister visited Singapore and was informally asked his views on the (then) upcoming French presidential election.
      731 words
    • Article
      Lock icon Strong growth, weak business sentiment in US
      556 2 It's doe mainly to different ways of tracking activity Dow Jones Newswires [TACOMA, Washington] REAL economic growth was reported to be even stronger in the first quarter than economists' alread y-upbeat forecasts expected, yet investor and business sentiment seems to have remained in
      Dow Jones Newswires  -  556 words
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      196 2 m jt| School of Business 6 Management PhD in Business Management R|i|HA Doctor of Business Administration (DBA) Executive MBA I MBA in General Management I i n Strategic Marketing _p. MBA in Financial Management V nil Entrepreneurship MBA International MBA University of MBA in Chinese South Australia Master of Science
      196 words
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      13 2 More jobless likely: Lee BoonYang,PgB BvtiMm shrugging off Le Pen surprise, Pg 15
      13 words
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      34 3 mHHTANewspring Uy^E 3Hli^^^^HH^w^^^^^BQKfll^K 9 r 4HM»«KJ I 4HHh l_f' >9HMLM w4 v sC^ttc^^^^BH llrM^#lF^^^P^lin^^fl^irffily!^rlW«mff j*^MT'.-"■li».jßfck *j|h^A ■^ii3Ql^9HE|^HH^^^^^yj^^^Mi SPRING Singapore, 2 Bukit Merah Central, Singapore 1 ***** Tel: 6278 6666 Fax: 6278 6667 Website: http://www.spring.gov.sg
      34 words
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  • SINGAPORE companies
    • Article, Illustration
      Lock icon Quarterly reporting will furnish better insists
      650 4  -  But analysts say firms may'mme' results to reduce stock volatility By Ven Sreenivasan QUARTERLY reporting of corporate results will provide usefUl guides on how businesses are doing, but could also force companies into short-term measures if such guidance is seen to have an impact
      FILE PHOTO  -  650 words
    • Article
      Lock icon Capita Land sells two Jakarta assets for $49 million
      260 4 Sale of non-core Itlfffttff ffWH adding LSCtoEPS PROPERTY group CapitaLand has 9old Indonesia-in-corporated PT Amethyst Wahyu (PTAW) and PT Pa kuwon Amethyst (PTPA) for a total of about $49 million as part of its strategy to focus on key cities. The
      260 words
    • Article
      Lock icon SNP sets up $200m medium-term note scheme
      117 4 PRINTER SNP Corporation, part of the Singapore Technologies group, has set up a $200 million medium-term note programme with DBS Bank as its arranger and dealer. Under the scheme, SNP may from time to time issue notes in tranches in Singapore dollars or
      117 words
    • Article, Illustration
      Lock icon KLW hopes for turnaround this year or next
      566 5  -  Restructuring of core door-making, retail businesses is in final stages Serena Ng SESDAQ-LISTED KLW Holdings aims to turn the loss-making firm around by this or next financial year, its managing director Lee Boon Teck said. Mr Lee told BT in an interview
      FILE PHOTO  -  566 words
    • Article
      Lock icon SGX needs committed foreign firms
      826 5  -  HOCK wong wei kong JUST how committed are foreign companies to their listing on the Singapore Exchange? At a time when the SGX is going all out to woo foreign companies, this is something to think about. A fortnight ago, China-based and SGX-listed meat producer
      826 words
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      572 4 PtKWV&HOUstfCOPERS B Money laundering, is a process intended to mask the benefit* derived from drug trafficking or criminal conduct to that Ihey appear to have originated from a legitimate source. It has three tfag« of placement layering and integration. While electronic funds transfers continueto be the preferred method fer tie
      572 words
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      24 4 Lianhe Zaobao I Popularity of the I SMS lIBBBSBIBBEBII I the urgency to introduce I 3G I I y W ffl a II*=««»««*# I
      24 words
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      10 4 PROPERTIES The Straits Times Classified. Classifications 402 568. |Jg Nk.Sdk.FMk.
      10 words
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      210 5 s q 11 1 I 0 I I I H ¥l "In our business, we impress upon our students the importance of network Mr Ha(vey Sim security. We are glad that Sing Tel Meg@POP provides us an IP VPN solution IT Infrastructure Manager that meets our security expectation." ,ntorma,ics Group
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Untitled
      303 6 OTHER SINGAPORE INDICES Apr 26 VALUE CLOSE ■roiflos -71.00 BTCMN -*****.00 -49.00 BTMMajrMA *****.00 -11.00 MkaSEpribM 457.20 +1.13 WrpinDiLl 163.68 -0.08 «r|1nFln -1.15 SGjEvMnPtap 439.95 +11.85 217.68 +0.68 ■nauro 217.30 +1.00 PC020C 135.745.000 DayenSc 135,471.000 SingTel 15c 76.906.000 Europtron 10c 59,340.000 Roty IntUSlOc 58.680,000 Inteffa5c 36,328,000 UniFood HK25C 36,164,000 GokXron
      303 words
    • Article, Illustration
      Lock icon Tech indicators point to further upside for Informatics
      249 6  -  HOT STOCK/ WARRANT By Ven Sreenivasan INFORMATICS Holdings, which reported its full year earnings last week, is one of those value stocks which investors would appreciate. The educational service provider reported a 24 per cent rise in net profit to $21.5 million
      249 words
    • Article, Illustration
      Lock icon It's best to go defensive for now
      787 6  -  BT STOCKS r. sivanithy IF you have to be invested in Singapore stocks this week, then it's probably best to forget about the telecommunications and technology sector, high-growth stories or aggressive punting and go instead for companies with low valuations, high cash accounts,
      787 words
    • Article
      Lock icon Major Asia-Pacific currencies strengthen against US$
      577 6 AFP [HONG KONG] Major currencies in the Asia-Pacific region strengthened against the US dollar last week with further gains expected in this week's trading. Japanese yen: The yen rose against the US dollar as the greenback remained under pressure on weak US corporate earnings
      AFP  -  577 words
    • Article
      Lock icon Market Notices
      127 6 ♦FOOD Empire Holdings will hold its AGM tomorrow at 10.30 am 101 Geylang Lorong 23, #07-02 Prosper House. ♦INTRACO will hold its AGM and EGM cm May 10 at 9am, 230 Victoria Street, #12-00 Bugis Junction Towers. ♦VffiROPOWER Corporation will hold its AGM on May 3 at 10
      127 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    2919 6 UNIT TRUSTS FUNDS Clti Money Wig Dc!lar Cl*5 B 1040V Oti Pan-Europe Equity Fund 1.0V CrtiSetect Asa Tih Balanced 1.31/ AM Amto Anwt Mgt (S pore) Cittetett Asa Tift Growth 1M Star Europe Eqty!* 0 78V CitiSetect Asia Tilt Enh Grth 11% Star Europe Bd o 965/ CitiSetect Global Growth
    2,919 words
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  • FOCUS creative technology
    • Article, Illustration
      Lock icon A whole new graphics ball game
      1032 7  -  Creative Technology's US$lO4 million gamble will give it at worst, a modest share of the graphics chip market At best though, the sky's the limit chairman Sim Wong Hoo tells kenheth jambs KENNETH JAMES IN a mini-theatre in Creative Technology's Jurong headquarters, chairman Sim
      1,032 words
    • Article
      Lock icon Some analysts share Creative's optimism
      358 7 WHILE Creative Technology sees tremendous upside for its new 3D Labs unit, caution remains the watchword. "In our conservative plan we are not asking for big numbers," says Sim Wong Hoo, chairman of Creative Technology. "If we can just double their revenue they will be
      358 words
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      1329 7 Notice of Annual General Meeting K^""' T?T that Anoual General <* KLW Holdings Limited wi# be held at 19 Senoko Loop. Singapore *****9 on Wednesday 15 May 2002 at 9.00 a.m. to transact the following business AS ORDINARY BUSINESS 1. To consider and adopt the Directors' Report and Financial Statements
      1,329 words
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  • SINGAPORE news
    • Article
      Lock icon More jobless likely: Boon Yang
      215 8  -  By Angela Tan SINGAPORE'S unemployment situation is likely to worsen despite signs of economic recovery, Manpower Minister Lee Boon Yang said in his May Day address. "While the economy is showing some signs of recovery and Ministry of Trade and Industry (MTI) has revised its
      215 words
    • Article
      Lock icon Central region condo prices most resilient over past year
      433 8  -  EYErrra.r But homes in north-east suffered worst drop of 19.6% Bi Kalpana Rashiwala CONDOMINIUM prices in the island's central region have been the most resilient private housing category over the past year. They eased only 5.5 per cent in Ql, compared
      433 words
    • Article, Illustration
      Lock icon Mobile phone seller sues M1 for late payment
      341 8  -  Ml denies chums and conntersnes Teleinfo Technology By Grace Tan TELEINFO Technology Services Pte Ltd is suing Mobile One (Asia) Pte Ltd and Ml Shop Pte Ltd in the Singapore High Court for alleged payment-related issues, prompting a denial of the allegations
      FILE PHOTO  -  341 words
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      313 8 (OFFICE/WAREHOUSING/DISTRIBUTION/ PRODUCTION/SHOWROOM) fTil: *****002 or visit our sales office, j 53 Übi Avenue 1 #01-11 INDUSTRIAL PARK The task was near impossible. As the business hub in Asia with full responsibility for sales and marketing operations, Hitachi Asia needed quick and easy access to all its regional offices. And vice
      313 words
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  • MAIL bag
    • Article, Illustration
      Lock icon The challenge of keeping overseas S'poreans in the fold
      598 9  -  Tan Chi Chiu Executive Director Singapore International Foundation I REFER to your article "When S'poreans tick as one in Silicon Valley" by Jennifer Lien in Silicon Valley (BT, April 15). Some useful conclusions can be derived from the San Francisco, Boston
      FILE PHOTO  -  598 words
    • Article
      Lock icon Cutting CPF rate won't help
      143 9  -  Marc Liu I REFER to your article "Lower the CPF rate for workers aged 40+, Boon Heng suggests" by Chuang Peck Ming (BT, April 25). It's hard to agree with Mr Lim's suggestion that a lower CPF contribution rate for employees in their 40s will
      143 words
    • Article
      Lock icon Employers just prefer younger staff
      138 9  -  Tan Buck Seah I REFER to your article "Lower the CPF rate for workers aged 40+, Boon Heng suggests" by Chuang Peck Ming (BT, April 25). Mr Lim should realise that this move will penalise the majority of those over 40 years old when only
      138 words
    • Article
      Lock icon Missing links from TDW transfer
      124 9  -  Denis Distant THE current furore between DBS Vickers and its remisiers over the transfer of their online customer base to the new Joint venture DBS TD Waterhouse Securities (TDW) could result in remisiers being unwilling to entertain queries from their "ex-clients". This being the case,
      124 words
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      388 9 University of Michigan I mf| Business Join us in Asia 2002 to find solutions to jpur business problems The Mchigan Business School W' has 75 years of history defiMringefleclMaolulions to tap business eMßCutives Senior Leadership Program in Asia Saptontoer 16 27,2008 Management of Managers May 6-10.2002 Eltodto Sales Management May
      388 words
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  • REGIONAL news
    • Article, Illustration
      Lock icon Time to ride the KL market rally
      737 10  -  PI KLSTOCKS Resilient economy, corporate clean-up attracting foreign fund managers eddie toh THE Malaysian stock market index finally breached the 800-point barrier last week, closing at 801.37 points on Friday. But the big question is whether there is still room for the key
      737 words
    • Article
      Lock icon More foreign airlines flying to KL airport
      207 10 KUALA LUMPUR TWO more foreign airlines have been flying to Kuala Lumpur International Airport since January and another two wUI do so by July, a marked increase from just one last year, the Sunday Star reported. Transport Minister Ling Liong Sik said Yemen
      207 words
    • Article, Illustration
      Lock icon Telekom to renew bid for TRI: source
      596 10 KUALA LUMPUR Move comes as Tajudin defaults on TRI payment again Reuters EMBATTLED Malaysian tycoon Tajudin Ramli failed to repay state asset manager RM130.4 million (Ss62 million), immediately prompting Telekom Malaysia to renew a bid for his mobile phone firm Technology Resources Industries
      Reuters; AFP FILE PHOTO  -  596 words
    • Article
      Lock icon KL minister assures ample jobs for laid off
      177 10 MELAKA Bernama THERE are lots of new employment opportunities in the country with a ratio of four new jobs created for each retrenched worker, r Malaysia Human Resource* Minister Fong Chan Onn said. He said records and datai from the ministry showed
      Bernama  -  177 words
    • Article
      Lock icon Proceed with Bank Niaga sale, says IMF
      506 11 WASHINGTON Find agrees to didrarse USs347m to Indonesia after it mats conditions Oana-Xin-hua Dow Jones Newswires THL International Monetary Fund has urged the Indoiesian government to proceed with the planned salt of PT Bank Niaga and to persist with other economic reforms, after
      Oana-Xinhua; Dow Jones Newswires  -  506 words
    • Article
      Lock icon Taiwan asks to join int'l aviation body
      364 11 TAIPEI It seeks observer status to raise aviation safety AFP TAIWAN has asked for the first time to join the International Civil Aviation Organisation (ICAO) just after releasing a report into the crash of a Singapore Airlines jet which killed 83 people, said
      AFP  -  364 words
    • Article, Illustration
      Lock icon State banks will not lower rates: Thaksin
      401 11 BANGKOK Reuters THAI Prime Minister Thaksin Shinawatra, who has been pressuring commercial banks to avoid further deposit rate cuts, said yesterday state banks would not be lowering their rates and he expected rate hikes by mid-year. "I believe the current low interest rate
      Reuters; REUTERS  -  401 words
    • NOTE Book
      • Article
        Lock icon Lioyd's looking to expand into China
        74 11 Ratters [LONDON] Lloyd's of London, the world's biggest insurance market, said on Friday it has been talking to the Chinese government over expanding its business in the Chinese economy. Lloyd's, which ia facing net losses of nearly £2 bfflion(Bs&3 billion) ft* claims arising from
        Ratters  -  74 words
      • Article
        Lock icon Push for Taiwan-China travel links
        108 11 AP [TAIPEI] Taiwan's two main opposition parties will propose revising a law toaOow fix-direct transportation links with rival Chine as growing economic ties increase demand for travel between them, lawmakers yesterday said. Move than 40 opposition lawmakers signed s motion demanding that the island scrap
        AP  -  108 words
      • Article
        Lock icon Q1 Philippine investments down 80%
        86 11 Xinhua [MANILA] In vestments registered with Philippines' two major inveatment agencies in the first quarter of this year dropped by nearly 80 per osnt to SJS billion pesos (Sgaoa million) from 41.2 billion pesos in the same period last year. Investments registered with the Board
        Xinhua  -  86 words
      • Article
        Lock icon China attracts fashion giants
        51 11 Xtnhua [SHANGHAI] Top fashion brands like Missoni, Lagerfeld, and Lanvin are pushing for a greater market share in China. Nearly 500 frshion linns from more than 90 countries, have corns to exhibit their lafeSt products at Shanghai tntiynitkipil Fashion Culture Festival, which opened tare last Wednesday.
        Xtnhua  -  51 words
      • Article
        Lock icon Bangkok drops income limit for cards
        100 11 Oana-Xlnhua [BANGKOK] The central hank has announced that it will do away with the minimum income limit for credit card issuance, allowing individual banks to determine their own criteria, the Thai News Agency said. The Bank ofThailand(BOT)alaoap*ed to lower the minimum age for holding
        Oana-Xlnhua  -  100 words
      • Article
        Lock icon Huaneng to invest in 3 Gergas project
        59 11 Reuters [HONG KONG] China's largest independent power producer, Hnaneng Power International, eays It will invest million yuan (SI8&3 minion) in China's controversial Three Gorges Dam project the world's biggest hydroelectric project Huaneng eald on its website will take a 8 per cent stake
        Reuters  -  59 words
    • Article, Illustration
      Lock icon Chinese banks headed for tougher market
      534 12 SHANGHAI Foreign banks wto clients, rate cots squeeze margins Reuters CHINA'S four listed banks face tougher market conditions this year after turning fairly healthy profits in 2001, as foreign banks angle for their clients and a domestic interest rate cut squashes margins, analysts raid
      Reuters  -  534 words
    • Article
      Lock icon Taiwan jacking up rescue fund to NT$320b: report
      239 12 TAIPEI AFF TAIWAN plans to increase a government financial rehabilitation fund to NT$32O billion (5516.6 billion) to write off further bad debts at local financial institutions, it was reported yesterday. The NTSI4O billion fund, akin to a US-style resolution trust company, was
      AFF  -  239 words
    • Article
      Lock icon TSMC to build first China plant next year
      257 12 TAIPEI Chipmaker also poised to achieve record 2002 sales Reuters TAIWAN Semiconductor Manufacturing Co (TSMC) will begin construction of an eight-inch wafer plant in China by the end of 2003, a local newspaper quoted chairman Morris Chang as saying on Saturday. In
      Reuters  -  257 words
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      32 11 Every part of the street should be a safe place to cross. y r v f- r-" I' f C r r < :j ,v.d aip".ior". ""••yv r r I J 1 l)\[\u.i:kCiikYsi.i:i<
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      383 12 joaiisin R" TRADITIONAL ARTS AND CRAFTS y SINCE 1835 Exclusive range of Swiss-made Music Boxes A Month Dedicated to MOM JOBIN STUDIO LINE L 23 Ann Siang Road, Singapore *****3 N Mondays-Fridays (llam-spm) 0 www.studioline.com.sg W Tel: 6 *****33 r Toll-free Line: 1800-800-2337 J Ltgtsncs mm 1 -kkfm XrT 1
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      618 13 "fv Jjr S? J I s^'. J dfi3« &s2&i£o£&• K'P Z If i jVi BBHmBSp- I BRi 1 1] r.r Mmlß3l|6 t Br| V K h* Mowd another industry first by meeting the standards for not just one, bat HBIbIB!IHBBK§f;i '■> y v'- aw* *50 itificarionsatthesartc time. The 3-in-l certification
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  • WORLD news
    • Article
      Lock icon Market may rally in response to upbeat US data
      489 14 NEW YORK But Wall St pros say recovery is still are unlikely t» last Reuters LOOK for stocks to inch higher this week as investors buy into a beaten-down market after buoyant economic growth data. But Wall Street pros warn the
      Reuters  -  489 words
    • Article
      Lock icon Investors pile into bonds as recovery hopes fade
      310 15 LONDON Euro bonds up amid data pointing to slowing growth in US, Europe Bloomberg BARCLAYS Global Investors has in recent weeks added bonds to its US$B26 billion in assets on signs a global economic rebound may be slower than forecast. "We trimmed
      Bloomberg  -  310 words
    • Article, Illustration
      Lock icon Euro seen shrugging off Le Pen surprise
      272 15  -  From, Neil Behrman in London THE overwhelming majority of traders and analysts believe that the euro will shrug off French political uncertainty and strengthen in coming months. A major reason is that the US dollar is under pressure and Middle Eastern and Japanese
      AP  -  272 words
    • Article
      Lock icon Gold shines as investors seek safe zone
      158 16 LONDON Reuters GOLD prices have vaulted to their highest level in more than two years and could go higher, metals analysts said over the weekend. Spot gold prices hit a 26month high of US$3lO.BO a troy ounce on Friday, posting an 18 per
      Reuters  -  158 words
    • Article, Illustration
      Lock icon EU: Opec assures it'll maintain oil price band
      464 16 PAMPLONA, Spain Recent price volatility doe to Mid-East tension not supply cutback Reuters A TOP Opec official has told the European Union that the oil cartel is ready to maintain at its next meeting a pledge to keep oil prices within a
      Reuters  -  464 words
    • Article
      Lock icon EU draft bill puts reporters at risk over innocent errors
      377 16 BRUSSELS Reuters ATTEMPTS this week to toughen new European Union rules against market manipulation have raised alarm bells in the media, which is concerned the changes will expose financial reporters to prosecution for innocent errors. The draft bill, known as
      Reuters  -  377 words
    • WORLD Watch
      • Article
        Lock icon US faces larger-than-ezpeoted deficft
        71 16 Reuters WASHINGTON] With its biggest month for tax receipts almost over, the US government's fiscal position has dimmed substantially, leaving the Bush administration facing a iarger-than-expected deficit, a need to raise the debt limit and a possible election year problem. "Hiough small in comparison with a
        Reuters  -  71 words
      • Article
        Lock icon Hynix proposes to restructure debt
        57 16 AFP [SEOUL] Hynix Semiconductor has proposed a debt restructuring plan to put operations in shape after its sale to US microchip giant Micron Technology. The plan called for creditors to write-off 4.4 trillion won (Ss6 billion) of debt and grant a new US$l billion loan
        AFP  -  57 words
      • Article
        Lock icon Prudential, Lloyds sign top City men
        87 16 Reuters [LONDON] Prudential Pic arid Lloyds TSB Group are poised to sign two of London's best known names to their boards, the Sunday Telegraph said. Pru chairman Roger Hum resigned last week to try and protect the insurer from any fallout from his involvement
        Reuters  -  87 words
      • Article
        Lock icon Swiss want banking secrecy changes
        49 16 AFP (ZURICH] Sixty-five per cent of Swiss people want to see changes to Switzerland's controversial hanking secrecy laws or their complete elimination, an opinion poll published yesterday showed. Only 28 per cent were willing to keep the strict laws in their current form. —AFP
        AFP  -  49 words
    • Article
      Lock icon High unemployment protests hit Japan
      432 18  -  100,000 attend Tokyo rally on Saturday as part of nationwide action From, Anthony Rowley in Tokyo PROTESTS by Japanese trade unions against record high joblessness swelled at the weekend when an estimated 100,000 people staged a mass rally in a Tokyo park, demanding that Prime
      432 words
    • Article
      Lock icon Call to cut Japan's corporate taxes
      135 18 Bloomberg [TOKYO] Japan needs to reduce corporate taxes, either by cutting taxes on capital spending or lowering company taxes as a whole, to help revive the economy, Economic and Fiscal Policy Minister Heizo Takenaka said. "I think there should be a thorough discussion on
      Bloomberg  -  135 words
    • Article
      Lock icon Argentina opens banking market today
      227 18 BUENOS AIRES Move signals a reversal of earlier fixed peso plan Bloomberg ARGENTINA said banks and exchange houses would open today, for the first time in a week, suggesting that new economy minister Roberto Lavagna has dissuaded President Eduardo Duhalde from setting a fixed ex-
      Bloomberg  -  227 words
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      1742 14 Haw Par Corporation Limited (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING Nofceis hereby given that an Extraordinary General Meeting of the Company will be held at 80 Raffles Place. 61st Storey, UOB Plaza 1, Singapore *****4 on 22 May 2002 at 2.00 p.m. for the purpose
      1,742 words
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      1754 14 HAW PAR HEALTHCARE LIMITED A member of Xft How par Group (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING 9' ven an Extraordinary General Mooting of the Company will be held at 80 Raffles Place. 61st Storey. UOB Plaza 1, Singapore *****4 on 22 May 2002 at
      1,754 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Lock icon Page 14 Miscellaneous Column 1
      269 14 CRTPTIC CROSSWORD ACROSS 6 Meat m an iron container 1 C nP !> cooked in blazing brandy (6) Look on an advance (4) oj wagner opera (8) 10 Press for trophy being on top of table (8) a break n service (8) 19 Mn. ,th-wotJ™ r>h. 9 Northerners get berth
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  • Article, Illustration
    Lock icon FINANCE & COMMUDITIES
    954 15 FINANCE COMMUDITIES Week ended: Apr 26 SDfQAPOBE OOTBEMMBMT SBCUttlTUfll DfDICATTTE PRICES AMD T1BLP8 Wet Mca TwCwpw Oil TTM Mi Whr TyC— MitirttT 0<» TTM m Hf 5YR 1250 IS-ltoy-02 K*****0X 2.76% 0.527* 100.02 100.12 SYR 4.000 0H*H)5 ******0* 2.05% 2.02% 105.20 105.30 7Y« 1000 OHIov-02 K*****0Z 0.99% 0.795% 101.01 101.11
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  • Article
    Lock icon COMMODITIES
    1642 15 SICOM rwru»B8 Apr 26 RMKI Ftfm (Mai prtcos) K5S1<Scart|/l0 dost VotaM Opw Mowtt W# Sett (to—s) Mw< M>»M ***** taLu Ang02 ,2125 VotaM Opw •*<* Uw Sott (twm) Interest 55 1 66J5 350 J» 02 66.25 2100 M 02 6625 6625 66.00 100 2900 *ta 02 6625 6625 66.00
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  • Article
    Lock icon BROKERS' RECOMMENDATIONS
    865 16 byantoytoito<ua*iHlh6toodL'n»aitl6atotolof2lh»il»i Mi—Whig limn mandtfom but ml Mwy Mock to Mtoawd toy al Hw 29 brafem Tfcafr racom■MMtoljonsjiraplacad on a 1 to 5potato acatoandavaragad toproducaa inaan RECOMMENDATION FORECAST COMPANY NAME TMS WEEK LAST WEEK EPSft) PEfth—1 Achieve Limited Buy Buy 140 54 AddwfaeTechnotagjeeLid Sal Sal 030 M.3 AtfcoHlnnwaaone Undaipartonn
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  • Article
    Lock icon SGX
    732 16 i Week ended: Apr 26 0.41 i«0 *OJMD NatSMSOc OJO 1)10 -0010 CJ**taL*x) IJt 1 730 *0170 OOC 9MB ***** -0100 (tetSMCMft 1J1 4J00 -0X00 OUE 049 «jgo OtyOavSOc 131 6J50 *0100 M«mH2k 012 0115 *0005 OmHMTBc 017 ***** -0100 SGXH 013 1100 OHGrp 1313 ***** <0.100 SASOc 70t
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  • Article
    Lock icon BONDS & WARRANTS
    657 16 BONDS WARRANTS la* WCw Eur IE E 5SZ Mt ««r- f—Ma IH AST1W*****1 as 1-5 784 1 It 5 1.49 26 Acma Ltd VMM11K 3 unch SO 1 SO 458 317 31 AmtekVWS0610 M -4 899 1 33 1 151 38 Armstrong VMM0520 43 unch 96 1 10 16 2
    657 words
  • Page 16 Advertisements
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      295 16 WNUS kOfiSl I viiiviße^ttirQjawF.Kßeen school of govw#«*t CMI Claris JMICY PROGRAMME PRESENTS AN f^X££lltiv e Effeyivefflegotiations in an Era of Rapid Change B 28May -1 June £.2 Mm Pan Pacific Hotel, Singapore Negotiation skills can spell the difference between dosing the big deal, retaining the best workers, securing a satisfactory
      295 words
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  • Page 17 Advertisements
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      850 17 Notices Jjrima jQimited (INCORPORATED IN THE REPUBLIC OF SINGAPORE) NOTICE OF BOOKS CLOSURE DATE NOTICE IS HEREBY GIVEN that the Transfer Books and Register of Members of the Company will be closed on 30 May 2002 for the preparation of dividend warrants. Duly completed transfers received by the Company's Share
      850 words
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      Lock icon Page 17 Advertisements Column 2
      766 17 M THE MGH COURT OF THE REPUMJC OF 9NGAPORE Companies Winding Up No. *****9 ol 2002 of Companies Act (Cap 50) In tie Matter of ETERNAL MJIDERS PIE UD PTC MO. *****407*) ADVERTISEMENT OF PETITION Notice is hereby given that o FaWion lor ihe Winding Up or M abovenomad Company
      766 words
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      Lock icon Page 17 Advertisements Column 3
      965 17 J2imited (INCORPORATED DM THE REPUBLIC OF SINGAPORE) NOTICE OFANNUALGENERALMEETING NOTICE IS HEREBY GIVEN that the 42nd Annual General Meeting of PRIMA LIMITED will be held at the Registered Office of the Company, 201 Keppel Road, Singapore *****9 on Thursday, 16 May 2002 at 2.30 p.m. for the following purposes:1. To
      965 words
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      Lock icon Page 17 Advertisements Column 4
      629 17 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF PREMIER OFFSHORE PTE LTD (la Members' VoluMan Liquidation FINAL MEETINC. NOTICE IS HEREBY GIVEN pursuant to Section 30g of ihc Companies Act. Chapter 90. chat the final meeting of (he members of the abovenamed company will
      629 words
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      Lock icon Page 17 Advertisements Column 5
      1424 17 fIS NM Holdings Ltd (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING G,VEN that the Annual General Meeting of NM Holdings Ltd ("the Company") Pmetree Town A Country Club, 30 Stevens Road, Singapore *****0 on 23 May *002. at 3.00 pm for the following purposes: AS ORDINARY
      1,424 words
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      Lock icon Page 17 Advertisements Column 6
      311 17 IN THE MATTER OF THE COMPANIES ACL CHAPTER 9* NORFORD INVESTMENTS PTE LTD IN MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company convened and held at 438 Alexandra Road. #23-00 Alexandra Point. Singapore *****8. on the 19th day of Apnl 2002. the following resolutions were duly passed
      311 words
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      Lock icon Page 17 Advertisements Column 7
      309 17 IN THE MATTER OF THE COMPANIES ACT, CHAPTER St FOREGAIN INVESTMENTS PTE LTD IN MEMBERS'VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company convened and held 438 Alexandra Road. #23-00 Alexandra Point. Singapore *****8. on the 19th day of Apnl 2002. the following resolutions were duly passed 1 SPECIAL
      309 words
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  • Page 18 Advertisements
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      1972 18 INFORMATICS HOLDINGS LTD FULL YEAR FINANCIAL STATEMENT AND DIVIDEND ANNOUNCEMENT The Board of Directors of Informatics Holdings Ltd is pleased to announce the Unaudited results for the year ended 31 March 2002:Group Company SSOOO SSOOO Latest year Previous year Chang*. Latest year Previous year Chano* toai-aCSa 1 (a) Turnover 200,185
      1,972 words
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      Lock icon Page 18 Advertisements Column 2
      121 18 THE 7th SOUTHEAST ASIAN HEALTH€Afifi^, suowZUUZ CONFERENCES 16-18 May 2002 The M.I.N.E.S Kuala Lumpur THE TRADE SHOW FOR THE HEALTHCARE INDUSTRY /International Participation Conferences /New Healthcare Proj /Largest Trade Media Successful Six Year Track Record Designed exclusively for the healthcare business and professionals. ircp 033 Ministry of Health Malaysian Medcal
      121 words
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  • BizIT
    • Article, Illustration
      Lock icon Ericsson setting up mobile Internet centre here
      830 19  -  BTiamilUWJ One of its first tasks will be to commercialise Multimedia Messaging Services (MMS) solutions, which is the next step after the übiquitous Short Messaging Services (SMS) From Chen Huifen in Stockholm SWEDISH telecoms giant Ericsson has set up its Mobile Internet Regional
      ARTHUR LEE  -  830 words
    • Article
      Lock icon Strong sales of 'smarf handhelds expected
      386 19  -  By Leo Kee Chye SINGAPORE will see robust sales of "smart" handheld devices this year, following the introduction of new types of converged (phone and PDA) devices, and because of falling end-user prices. "Smart" handheld devices refer to hand or palmsize mobile electronic gadgets
      386 words
    • Article
      Lock icon Move over, SMS. Here comes MMS
      559 19  -  By Raju Chellam AFTER the phenomenal success of SMS (short messaging services), it is now time to give way to MMS (multimedia messaging services). That's the message from the GSM Association. Last fortnight, the association which has its headquarters in Ireland and which represents
      559 words
    • Article, Illustration
      Lock icon Why Asia is still bullish about wireless
      753 19  -  IT INFOTECH TOie region's late arrival in 30 has boon fortuitous. Many Asian governments sold 3G licences at affordable prices, and took the studied path to rollouts paul chan The writer is a BT Senior Correspondent. THE recent troubles at Ericsson, the world's
      753 words
    • Article, Illustration
      Lock icon Fast-forward to 3G with Qualcomm's new technology
      767 20  -  flTlsmilHWJ From, Jenifer Lien in Silicon Valley WIRELESS carriers operating on the GSM (General System for Mobile) communication standard now have an alternative route to third-generation (3G) services via an unlikely route US-based CDMA (Code Division Multiple Access) technology. A new technology called
      767 words
    • IT TAKES
      • Article
        Lock icon Abacus, Ngee Ann Poly deal
        83 20 NGEE ANN Polytechnic has tied up with Abacus Travel Systems Pte Ltd to pool expertise to train manpower in anticipation of a rebound in the tourism industry. "The Poly is the first educational institution in the region with online aoceas to Abacus systems for training
        83 words
      • Article
        Lock icon Seagate's Design Service Centre here
        67 20 SEAGATE Technology last week opened its Design Service Centre (DSC) in Singapore to offer a range of R&D, design and testing services to its customers. Singapore is the third DSC location; the other two are in Colorado and Minneeots in the US. The DBC's services
        67 words
      • Article
        Lock icon Tower Tech, Vanda Systems tie-up
        82 20 AUSTRALIA'S Tower Technology has tied up with Singapore's Vanda Systems to se& and implement Tower's Web Capture e-commerce software. "Organisations in Asia can now addrees the fcek of certaintysurroandingonUnetraiiaactk)as, N Noel Jonea, Tower's managing director, said. "Web Capture is a world first in e-business software.
        82 words
      • Article
        Lock icon Sun ONE rebranding
        70 20 SUN Microsystems Inc will rebrand its product lines including Star Office, iPlanet, Forte and ChllL'Soft —under the Sun Open Net Environment (Sun ONE) brand. "Branding all of the products under the Sun ONE name will result in a singular focus Cor customers and streamline our marketing efforts,"
        70 words
      • Article
        Lock icon Four new PacNet directors
        111 20 PACIFIC Internet Ltd has appointed three new independent directors—Gracy Choo. Uwrence Wee and Yeo Wee Kiong—to its board, and CbongPhit Lian as director. Ms Choo is executive vice-president at United Overseas Bank; Mr Wee is vice-president and managing director of Ariba Singapore Pte Ltd; Mr Yeo
        111 words
      • Article
        Lock icon New Sybase regional head
        39 20 US-BASED Sybase Inc has promoted V#ay Srinivasan to managing director of its Southeast Asia operations, including Singapore, Malaysia and Thailand. Mr Srinivasan Joined Sybase in December 2001 as product marketing director for the Asia-Pacific region.
        39 words
      • Article
        Lock icon New Sonic Software chief
        37 20 SONIC Software, a business unit of Nasdaq-listed Progress Software Corp, has appointed Christopher Yeo as managing director for its Asia-Pacific operations. Mr Yeo was previously managing director of Progress Software's South Asia region.
        37 words
      • Article
        Lock icon EdgaMatrix's new COO
        32 20 SINGAPORE-BASED Edge Matrix has appointed Median Menon as its chief operating officer. Mr Manon was previously vice-president and director of distribution for Motorola's PCS for South-east Asia and India.
        32 words
      • Article
        Lock icon New Virdia Mocile appointment
        27 20 VIRGIN Mobile Singapore has appointed Mignel Beraas as communications director. Mr Bernas was previously general manager of marketing and communications at CNBC Asia-Pacific.
        27 words
      • Article
        Lock icon Avaya's roadahow on Friday
        33 20 A ROADSHOW, "Go for goal with Systimax SCS", will be held on Friday at the Marriott HoteL It is organised by Avaya. For details, fox *****445, or visit http://axxxyacomj'corifervncx/systimaxla.
        33 words
      • Article
        Lock icon Open publish 2002 conference
        43 20  -  01 ibf Raju Chellam A TWO-DAY conference, "Open publish 2002", will be held from May 21 at the Marina Mandarin HoteL It is organised by Eventus Consulting Pte Ltd and Allette Systems. FOr details, fox *****422, or e-mail chomaine@aentiaconsult.com.
        43 words
    • Article
      Lock icon W32/KLEZ.H threat on the rise worldwide
      360 21  -  The blended threat program combines elements of both a virus and a worm By John Schwartz NYT [NEW YORK] A rogue computer program that is the online equivalent of a quick-change artist is infecting computers around the world via e-mail and clogging computer networks.
      NYT  -  360 words
    • Article
      Lock icon HP asks US judge to clear CEO's name
      132 21 Reuters [SAN FRANCISCO] Hew-lett-Packard Company, in a defence brief released on Saturday, asked a Delaware court to clear the name of CEO Carly Fiorina and dismiss a lawsuit challenging its US$lB billion merger with Compaq Computer. Judge William Chandler of the Delaware
      Reuters  -  132 words
    • Article
      Lock icon Chip equipment makers confident; investors sceptical
      148 21 Reuters (NEW YORK] Semiconductor equipment makers, beaten down by a drop in spending on computers and other electronics, ended their second week of earnings reports last week with confident forecasts of growth. With most of the large equipment makers having reported their quarterly results,
      Reuters  -  148 words
    • Article
      Lock icon Wearable electronics from Infineon
      113 21 Dow Jones Newswires [BERLIN] German semicon giant Infineon Technologies AG last week unveiled a wash-and-wear MP3 player, one of the applications for so-called wearable electronics and "smart" textiles. It has developed technology that enables electronics to be integrated into fabric and •ewn into clothing. The electronics
      Dow Jones Newswires  -  113 words
    • Article, Illustration
      Lock icon IT services offer opportunity amidst adversity
      723 22  -  SAY To win the services war, STpore firms will need to hire and train the most inniwtipa marketing talent, and be prepared to change the rnles to win competitive battles rolf jester The writer is chief analyst for IT services for Asia-Pacific at Gartner
      Source:  -  723 words
    • Article, Illustration
      Lock icon Instant messaging seen moulding financial sector in future
      407 22  -  By Raju Chellam AN overwhelming majority of financial institutions think collaborative technologies such as instant messaging will have a significant impact on their industry over the next three years, according to a Reuters study. The report commissioned from Gartner Consulting is based
      407 words
    • ON THE SHELF
      • Article, Illustration
        Lock icon Acer's first handleheld device here
        58 22 ACER Computer Singapore has unveiled its flrst handheld devta alO. It cost* $S9O, rant on a Motorola DraganßallVZ processor at 83 MHx, oaea Palm OS 4.1, weighs 140 grams, and comes with 16 MB RAM, backlit monochrome LCD (160 by 100 pixel resolution) display, and
        58 words
      • Article
        Lock icon New HP Pavilion for home users
        65 22 HEWLETT-PACKARD Singapore is ready with ita new Pavilion desktop PC for home users. The Pavilion 731 d coats 8L998, runs on an AMD Athlon CP 1800+ processor at IJS3 GHz, and comas with 256 MB RAM, 40 GB hard disk, CD-RW drive, and Nvidia
        65 words
      • Article, Illustration
        Lock icon Kodak's tiny digital camera here
        39 22 EASTMAN Kodak has introduced Its new pocket-sice digital camera, theLSOo.lt coots $509, offers up to 11 megapixel reeotutkai. weighs 180 p-anw, comes With aAanonrtrel km aMßhrtwrfim—nmfg camera-to-PC docking device. For details, visit wwm kndgLoomjtg.
        39 words
      • Article
        Lock icon Graphics workstation from Compaq
        47 22 COMPAQ Computer has enhanced to current raogs ofEvo workstations with Nvidia's Quadro 4 graphics cards. These new workstations can now perform conqriex ID and 3D rendering, video editing and animation applications, Compaq said. Prkes start at $1,700, without monitors. For details, visit http://ap.compaq.com.sg.
        47 words
      • Article, Illustration
        Lock icon Two new Philips projectors
        62 22 PHILIPS Consumer Electronics has introduced two digital projector models under to UGO Impact series. They weigh L 5 kg each and aflfcr LOSO lumens', brightness, lOx digital soom and L2x manual soom. The XGA (1,024 by 788 pixel) X-Lto Impact LC5241 costs 17.850: the SVGA (800
        62 words
      • Article
        Lock icon Solutions to manage Internet traflle
        39 22 US-BASED Mykenae Inc. which provjdssWsb based infrastructure solutions, is ready wtthitslHaseus DNA version 10. The product—including software and hardware—improvee the perfbrmanoe of Internet servers and applications, Mykenae aaU Prices start at For details, fiocB744aBL
        39 words
      • Article, Illustration
        Lock icon Pioneer's new plasma TV
        48 22 PIONEER Electronics Singapore has un vetted two models of to piaema widsecreenTVwhfcfacaa also work aa computer monitors. Both models offer 16:9 widescreen aspect ratio, and support computer signals with XGA resolution. The 48-inch PDP-433HDG costs the 50-inch PDP-603HDG costs (19,989. For details, fax *****122.
        48 words
      • Article
        Lock icon Weh-based HR selutions from HR21
        55 22  -  o Leo Kee Chye HR2I Singapore Pte Ltd, which provides human resource solutions, has launched its first Web-baaed HR solution, i-HR, targeted at SMEa. Using UOB*s payments system, the aolotiao lata firms disburse payroll, update personnel records, and file CPF contributions and IRAS tax submissions
        55 words
  • Page 19 Advertisements
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      89 19 Fast-forward to 3G with Qualcomm's new technology, Pg 20 The Signature 51 Qunp Business Park, Central 2 Singapore *****6 Attractive rental package Permitted Use: Business Park Activities High Technology Businesses, Data and Software Enterprises, R&D and Financial Backroom Operations Units ranging from 131 sqm to 2623 sqm Close to upo
      89 words
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  • Page 20 Advertisements
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      1580 20 I OSCS I V LIVING TECHNOLOGY SINGAPORE COMPUTER SYSTEMS LIMITED (Incorporated in the Republic of Singapore) NOTICE OF TWENTY-SECOND ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Twenty-second Annual General Meeting of the Company will be held at Auditorium, 7 Bedok South Singapore *****2 on Thursday, 23 May 2002
      1,580 words
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      Lock icon Page 20 Advertisements Column 2
      138 20 MaZ.-: ;l.- m I yr^j rang mahal Buffet Lunch, Noon to 2.30pm Dinner 6Jopm to WJOprn (Closed for lunch on Saturdays) Nr mnllM, cal m at MS) *333 T7M ahUWUniMO MMMHM, LMI Ttaw Iki Mk »«POT 7 Mta MM S««« Skippvt ***** Be the lint to sample our Hesta Ikrffct
      138 words
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      Lock icon Page 20 Advertisements Column 3
      8 20 Weddta Special Lurrch Menu $5.50 Nett Per Item
      8 words
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      Lock icon Page 20 Advertisements Column 4
      48 20 1 fIL t SET LUNCH AT GRE/tf HEIGHTS Create your own set lund) of Continental cuWne with strong French Italian influences. Price: $39*** Reservations: 831 6258/88 i MlHrul mm ntf MmAmm %ywrJ py* mm ms JoTTo 333 Orchard Road. Singapore *****7. ■ff.'uT Tel: 737 4411 Fax: 831 6259
      48 words
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  • Article
    Lock icon SGX MAINBOARD
    5390 21 Week ended: Apr 26 for live prices, log on to wwwjo^jaonernarketsxorn J*** LM «M Ml lltn trOhf Mr tttM Nat HQa Mta« f M» W- C— U+ La» 6»» M» Cw Hi U |g 9 C ABNAmroNLG S6c 9 20 34 19 25 45 c ACEIXnmaac 173 unch
    5,390 words
  • Article
    Lock icon SGX XTRAMET
    33 21 ■8BL a A -s a-; g'S'a IIMBMiOtaondl UMOM M BDiBQIUSTidl UMSIO S» MtsBMSOipore USS7S l»«litSMO US11M0 1MB itao inamssraK usimoo -JTO ***** ***** 1MB ITWcSTlETFlOO 1721 315 17» 17* 1721 1722
    33 words
  • Article
    Lock icon SGX SESDAQ
    1567 21 U»<N*» W» CrtW Rat KB Mtaf u» M» W- rmm m+ l— m*m t+m cw m >3 »B !H c w ,s «s nj i7j n mi M 405 UcAPOMV 21 Jed -15 1616 245 215 21 22 S 115 1.2 11 149 23 1 H12 S25 50
    1,567 words
  • Article
    Lock icon CLOB INTERNATIONAL
    213 21 Mi Ufl «M M II Mm Mb Mr tW M Bbp t— m» W- MO t— »*r cv m «3i 1»0 AV*nrrtnpA2ScA M U M.1 U 2111 730 20 2.1 74 C MU Ovwig KongSOt HK 17H MO U 17 1 «KS 6 Oty* SotutamLIHK 55 «4 2D
    213 words
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  • Page 22 Advertisements
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      166 22 I Choose your route wisely and transform your entire business. S are more than i putting your applications on the Web. There a opportunity out there. A road that uses open standards to create Web services that can transform even the biggest, most complex enterprise business processes. quite simply, the
      166 words
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  • SHIPPING TIMES
    • Article
      Lock icon SHIP SALES
      271 23 Contributed by Simpson Spence A Young DRY bulk prices continue to firm up on the back of purchasing interest Vessels soli lor tHTMr traamg Vasco Da Gama: ISUH tdw bit 90 Nippon Kokan reported sold region U5516,750,000 to Greek buyers. Abidin Pak: 74,000 tdw bh 96 Hashibama reported
      Contributed by Simpson Spence A Young  -  271 words
    • Article
      Lock icon MARITIME STOCKS
      119 23 *ra H M CWT attribution OAS rah 0 C»mwHi» 044 uncft 22* Cmco tovOTtmant _0.2S *ck 24« 0 06 GBrteMngs OM (LOS 111 IMCHoMnfi-HK MO Midi 0 j-w'!"j»n ojs men 4ao7 M*»«Car» 4.0« unc* 2W9 Ka«pMrELS MM/A Ml/A MftMM* 0.19 OJX MS ijS~—as 3 J assgjzzig u» undi
      119 words
    • Article, Illustration
      Lock icon India box terminals chalk up big rise in volumes
      559 23  -  But Calcutta, PftO's Chennai operation saw drop in 2001 throughput Bu\ Donald Urquhart [SINGAPORE] India's top container handling port, Jawaharlal Nehru Port (JNP), saw container volumes surge 31 per cent to 1.57 million TEUs (20-ft containers) for 2001 year-on-year, reflecting generally
      FILE PHOTO  -  559 words
    • Article, Illustration
      Lock icon ABS council backs recent moves to raise bulker safety
      592 23 Society's profits nearly double to USsl9m for 2001 [SINGAPORE] The council of US-based class society ABS has given its backing to recent controversial moves in the International Association of Classification Societies to improve bulk carrier safety. The 60-strong body, composed of
      592 words
    • Article
      Lock icon Taiwan carriers, ANL to launch new service
      190 23 [SINGAPORE] Taiwan's top two container lines have linked up with Australia's national carrier to launch a new service on the Australia-North Asia trade. Evergreen Marine Corporation and Hanjin Shipping joins ANL Container Line on the Australia-Japan/Ko-rea/Taiwan trade. The three lines will together operate
      190 words
    • Article
      Lock icon A P Moeller to divest two business units
      297 23 Bloomberg (COPENHAGEN] A P Moeller, the world's largest shipping company, said it plans to sell two units that do not fit into its main business of oil and transportation. The two units are Roulunds Fabriker, which makes brake linings and hose systems,
      Bloomberg  -  297 words
    • PORT Shots
      • Article
        Lock icon Capt missing as cargo ship staks
        103 23 AFP [CSBU, Philippine#] a ship captain It misting and feared dead after his cargo vessel sank in waters off the central Philippine island of Camotae before dawn on Saturday, the coastguard said. Tbe Gotdm Dragon, of local registry, was swamped by big waves that
        AFP  -  103 words
      • Article
        Lock icon Mwkong navigation plan sped up
        94 23 [SINGAPORE] Plans to facilitate navigation In the Golden Triangle region of the upper Mekong Riw are being sped up with the blasting of mid-stream rocks expected to be completed by The work is being accelerated to take advantage of the cumniluw waist Jewels la the
        94 words
    • Article, Illustration
      Lock icon Promising signs of recovery
      847 24  -  UMER SCENE -By] David Hughes IT is too early to start talking about a general recovery in the liner shipping business; and the carriers have a talent for killing the golden goose of demand by building too many vessels, too soon. Nevertheless, crumbs of comfort ran
      FILE PHOTO  -  847 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      182 24 PACC FftLMu Affc«tt» 5 Fitai 4 AM* 10 C«Mrtr«s 4 BlaqMas 5 6Lj KA 6 10 BSC 10 H«0i 4 in 10 »w*hS* S CMACCM Hm# 9 COSCO 3 fewr* 3 Central El 4 HubUne 10 CMwya 10 HUAt 10 CMMSIW 5 Hyutf* 4 Coaler 10 HCatf
      182 words
    • Article
      Lock icon SHIPPING GUIDE
      13351 28 THEBUSINESSTIMES EXPORT rr* ETA MwrtiMl VmhI Vo in TiImAam I FT A rr* lwhu. ETA ETA ADwtlMr VastI Voyaqt THaphon* ETA ETA Advarttsar «(M Voyaqa r SIN Heme Nim Number Ehimfatr SIN Dtsfn Name Nam* Nuntfwr u,, MM IMW "im 'i iiwiflMiifiiiiiiiiiiciooiiMOiiiMiwii^iHtittiriftiiliiiiiiimc; To ALGIERS (ARS) 2014 Germany To
      13,351 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        599 33 Vtm VoyHo Berth Arrival Departure J—|Nrt PRMCESS Ul 402 JI7 28/04/1:40 29/04/*:00 oamii nave a xm 28/04/325 29/04/8.40 YARUSMMA own JO 21/04/1:40 29/04/1240 IT m. R0M5 ***** JOI 28/04/8:20 21/04/2040 IT CAJAHMADA ***** JOI 2R/04/U0 28/04/2100 IT I PURNAMA ***** JOI 21/04/110 21/04/2040 SSMTI JR0405 J02 28/04/1055 28/04/2359
        599 words
      • Article
        Lock icon CONTAINER SCHEDULES
        1581 33 KCOWHft Of Dg€tT rg CONTAINERS AND LCI CARGO Booftta|/toaac* tstta »°T Ho Etfc/Kr Ptrtod rraw To Frm *oara pi vwo u mn mn wm a.«.si u ■'v -o m« mm JWlfW rv3«« J am nidi mw 4 m«• fw«» amo mm mm m mm am am am a
        1,581 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        175 33 April 29 Japan. Greenery Day Mayl Singapore: Labour Day China: Labour Day Germany: Labour Day Hong Kong: Labour Day Italy: Labour Day Norway: Labour Day Philippines: Labour Day Sweden: Labour Day France: Labour Day South Korea: Labour Day Taiwan: Labour Day Belgium: Labour Day Vietnam: Labour Day May
        175 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        796 33 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the marketPrices shown are based on average sized stem. Market movements are indicated. The Cockett Bunker Price Index change and the
        796 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        434 33 CvtM 180 Ma MM 0.4 16.0 0.06 53 0.03 6*25 DmsKt Mater Mm IUHMwMIiib Siiairt Bo tbovt E25 0 0 2 0 0 0 JZZ 380 Aw H72 0.2 14.7 0.05 25 0.02 [n. 380 Ma 991.0 0.6 0 0.08 58 0.04 SB »M> «Mj »Ml
        434 words
    • AIR & LAND transport
      • Article
        Lock icon Korean Air to add 12 weekly flights to China
        179 34 Bloomberg [SEOUL] Korean Air, the South Korea's largest carrier, will add 12 weekly flights between South Korea and China starting on Wednesday to meet growing travel ahead of the June World Cup soccer games being cohosted by Korea and Japan. The
        Bloomberg  -  179 words
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        Lock icon JAL-JAS merger cleared for takeoff
        343 34 But airlines most give up 9 daily slots at Haneda airport in Oct and maybe 3 others before 2006 Bloomberg [TOKYO] Japan's Fair Trade Commission has approved the merger of Japan Air Lines Co and Japan Air System Co, and said the carriers will have
        Bloomberg; AFP  -  343 words
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        Lock icon Cathay places US$1b order for 6 planes
        378 34 It may also hire 800 workers in the next three years Bloomberg [HONG KONG] Cathay Pacific Airways Ltd placed firm orders for three Boeing Co and three Airbus SAS aircraft worth US$9B4 million and said it may hire 800 workers in the next
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        Lock icon Cathay has no plans to sell tickets on Priceline's HK site
        376 34 Reuters [HONG KONG] Hong Kong's biggest airline Cathay Pacific Airways has said it has no immediate plans to sell any seats on Li Ka-shing's Priceline.com.hk venture, which could make it difficult for the name-your-own-price Web travel site to win
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        Lock icon This year will be much better, says Lufthansa
        242 34 German carrier reports 2001 net loss of 633 m euros AP [FRANKFURT. Germany] German airline Lufthansa, battered by a pilots strike and the drop in trans-Atlan-tic air traffic after Sept 11, adjusted its 2001 earnings downwards but said the current year would
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        Lock icon US airlines cut 79,000 jobs last year
        164 34 Bloomberg [WASHINGTON] US airlines eliminated 79,000 jobs, or about 11 per cent of the total, last year as the recession and Sept 11 terrorist attacks reduced travel demand, the Department of Transportation said. Employment at passenger and cargo airlines fell to 653,000 from
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          Lock icon Shenzhen Air takes delivery of 2 Jets
          90 34 Bloomberg [BEIJING] Shenzhen Airlines, a regional airline based in southern China, took delivery of two Boeing Co 737-800 passenger jets from International Lease Finance Corp, the world's largest aircraft lessor by assets. Shenzhen Airlines signed a seven-year lease for the aircraft in late
          Bloomberg  -  90 words
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          Lock icon Japan's Golden Week bookings down
          135 34 Bloomberg [TOKYOJ Japan Airlines (JAL), and All Nippon Airways (ANA), Asia's two biggest airlines, said the number of passengers making overseas flight reservations during Japan's Golden Week holidays fell from last year. Japan Airlines, Japan's No 1 carrier, said in a press release that the
          Bloomberg  -  135 words
        • Article
          Lock icon Easy Jet's Stelios to resign
          106 34 Bloomberg [LONDON] Easy Jet pic, Europe's No 2 low-fare carrier, said Stelios Haji-loannou is to resign as chairman in 2003 and will be replaced by Colin Chandler. Mr Haji-loannou will step down at the next annual general meeting. Mr Chandler has been appointed deputy chairman
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        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1842 34 on njQff n* man n» son otx urn 2305 Ml Mil BA7J81 «40 Uni2 2215 LM97M 1445 W4S79 2305 orw mm ore zzb »32s *45 $***** 2305 AatfwMa 6**75 1025 (L838 2225 "JJ!" "50 HJ37 T510 S0324 2345 51® LW744 2350 SO2007 1555 502* 2350 •Hi
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      6 23 I > fl I -.'4 jam |JU^a|B^flß^MM
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      101 23 Wc invite suitably qualified personnel to fill new key positions H in the following departments V TANKER OPERATIONS DEPARTMENT TANKER SAFETY/VETTING DEPARTMENT All applicants must have previous experience as Master or Chief Officer onboard tankers. O No shore experience is required but preferred. This is an opportunity for those who
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      383 24 I TOOSA/G4MAQ4 I T j I OTHERDtSTINATtOM* I SS?= TO AUtTRAUA (AUSTRALIA AIA EXPWB9Q 1 WUUUWM Utii «ini 01/Kl 17/05 21/05 22/&5 a/OS 72/05 25/05 .v i I t 2?!?? 1 W» ®/B| WKI M*s 2MB If/K W/OS »/05 01/04 M WT TOSM ftt 111 I til f|| ooai*» sra|i«K|iHsJ
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      52 24 WORLDGATE EXPRESS LINES PTE LTD /J. ISO, Cmc* Hi—t, *16-03/04, 1«n !>■■■»■ M ■iJfifciy. f-jnw 00M48 Tel: *****911 F«x: *****073******63 Email: wgate«mboxZsinMcom^g WEBSITE: http JA*ww. woridgate. com, sg LCL SERVICE TO FOLLOWING PORTS Sr- i ET_iSj mSLM Zzi/Sz ~~jjn BSSSi i y" i 1 I Bar \m\ jassw Ia j
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      390 24 Unas ie>iom mpwnld by MMbwiofiwfagilryaf 9tomb*iaHm felgprf Aerated Shipping Aganb, Singapore Logistics Singcyore Shipping Association Association (MMBS/ CDHVBmOHAi CAKO W ETAPKL ETA SIN ETA MALE EapnwU* Me IVB IVK tt« MB Sl/B *tW Ml aFvannßMamßßß 'WmWHMM hcMM SM BHD f ITIANSUNDO JUULUTTA ™i££S22LJtitS2!USJL2SSLJSSUSSIL V«d Sb M Vb id M Vh
      390 words
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      848 25 19lUK>li FROM EUROPE rasa vorlai mw hw sai ia ||wbm lw ■«t »aat BIMBB MM* B/B »/B tt/B B/B B/B UMGMY Mi 11/ M U/M H/M B/M SBW B/B It/B 21/B M/M B/B MOB IMM/MII/M 11/ M M/M B/B MMMNK B7W M/B B/B B/B B/B S/B MHMMMB JOK 11/ M
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      289 25 rasa w_ m_ _m_ m_ ja. ua I wr ai at jb i I mmm M&bbl=S:^E-^-^F^E wmmm m* w< w« -vs vs_ HA ffljf ig |j) Hwang— g» gg -ys- ys 7/5 t/i ii/s BIS 1811 ii. js*. OS— «L M. J/J_ _VS_ —f HKMI I M/ 4 IIA |A
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      1033 26 HMAV-" HYUNDAI MERCHANT MARINE CO., LTD. Hißipigi: imJkmmllxm Q MO. HM/tHMMI lwa WT J y§ Isw 11 I— I awf I MMi |ml IVBSB w»T|w|iai lin |mi|im|w( TT MIKMI MIW B/M n/M 17/ M 14/ M IS/M AASMKMTI tin 11/ M M/M H/M M/M IS/M BOIMK S4MT M/M 17/ M
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      905 26 WAN HAI UNES (S) FTI LID \3\WAH HAIUNES sgsa^Tsaaag'"™~ »»:a)»aaißaWßaWl«»:Mia»aißaMJ»m»Va»Uß www.wfcd rw H nnMKmaaimnwifl at nan Tvw li¥ ®T -{5 s j?sr■awn) ii M MUS tj* w*\i*\ttowmium ■MM) MM IHl* 71* 71* 1!# M M u *111 MM IHV* MS ■am na »a* m m ms r« m h« jjjMmr
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      471 26 w asasw AIM ACCEPTM6 TO AU. WOWTWBW AMD WEKTBWICB PMWTI mmmm wn jgjg TajS l iBS? TIM wm nut nw 77 <H law 4iw HUM BIS gg I Iff SMP IMP ~M5r~ jttfIUUBWBS 111 IMP IMP m ISMP Mjg MOV MIW BB ism HMT AMP BMW MMMBMBS WW »MT BMP
      471 words
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      1020 27 IVfSSB. VOV KHH HKO I SIN I Ha I PX> RAO PMM —t MAN TEHRAN PCL-257 29/04 01/05 04/0S 05/05 12/05 13/05 15/05 17/05 MVUNPJMA PCL-258 06/05 00/05 11/05 12/05 19/05 20/05 22/05 24/05 MANKMUNAN PCI-259 13/05 15/05 U/05 19/05 26/05 27/05 29/05 31/05 MAN ISFAHAN PCI-260 20/05 22/05 25/05
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      448 27 A WZS+m K UK CONTINENT SERVICE Lowing tar CMMITRA ROM/ATW/BMN/UK/NAN MARYLAKI RDM/ATW/BMNAJK/NAN Load» Ma*ay»a. mdoneaa MIDDLE-EAST SERVICE Loading tor ANAIS LAND JDH/AQA/DMT PAN EXPRESS D6I/ABU/DOH/BRN/DMM/KWT LOK KIRTI HOO/JOH/AQA LOK PRATIMA ADN/HDD/JDH/AQA AFRICA JDH/AQA HANDY DRAGON 081/ABU/DOH/BRN/DMM/KWT TZANETIS DBI/ABU/DOH/BRN/DMM/KWT "Loads Smgapore. EjW Matayaa. Indonesia USA SERVICE Loadng tor OMIROS CAM.'NFK/SAV/NOL KONAMAR
      448 words
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      754 27 -Hsbl_ m m m jam bh__ _3l__ ft- ML— uHl!Jz___mi m u jß| m jig -a—r^==ss= mini; HI «a» tSli'm fit K ;KI rsj£m ?/gzz 5/H mi g jj ji_ -®a m SI M UN JBSia yor m sit si #Sp 1!" ft£ Siß MS SSBff 818 Eg wic—MA sill
      754 words
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      99 28 L^ KYQWA LINE W ¥t Mi Mpa 9mmm Mmm "ftili rih^illli—llMw Ro>todfrnqtor 945E 06/05 15/05 20/05 ~2V05~ I Rostock Senator 945E 06/05 18/05 28/05 29/05 01/06 Wfrw WS^~g7iS—' L I Mr* 018E 11/05 20/05 I 03/06 Cawomio Senator 948E" 13/05 29/05 03/06 04/06 CoWomio Senator 948E"13/05 07/06 17/06 1 18/06
      99 words
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      151 28 jmi CWT GLOBEUNK PTE LTD ■^S—W OWN Officii i*TEL:*****833 (39 LIMES) FAX-*****742 SYDMCY-miMHmtt+fMAMG-HMT KILAMG fASIK MfW CM HMH IHAMGHM-XIAMMM fUZHOV-DALIAM XIAM MIIJIMG SHt MA OHJAH6 Q'WGOAO <Wit GLOBEUNK IVor/d-IY/de Connection <f 4M SERVICING I lO DIRECT PORTS with Approximately 1800 Inland Destinations v A For inquiries/bookings. p/««s» call *****177 THANK
      151 words
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      30 28 WM WINSUK SHIPPING PTIIID M-- ******07 QRO. I4SZ7V3MK I ASApWHUrnto te) iMhpW.*, -lMi|«(MKhrt Omt k Ixr FO/10/ taAfpwi KL (mmm\ Umrntmd(mp DwIIOM I i PROJECT CARGO I fm 111 Hi
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      207 28 jBSA^ tea MYANMA WML five STAR UNE -cmrc" 1 i*a wi m m m tm (MSMMMW id 91 num vsnw at AAUTSU: KMISTUB SMPfMS MOCKS OL M-lU2HM PtL- U-317M111 POt M-MISM2 igl BANK LINE t* wnto ti tmktm Wdr Hilpph|) VT" Nowmouwp to eukopT" V COKMBt, MBO, Mil HUVYUFTS 1
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      50 31 ~W PBAMMN KALIMANTAN 1 PWBCT WHKIY glgg TO 1 j*MTO/WIUM<yiS/iWMI I *—■> »f Iw |rw» IBi B InSnSi— 55 ffgrH w/w w/n w/w |nyn n K/Wi Wgg n/w n/w 1 muuttk/muim I O&A IH% 1 iSL 1 H/k 1 M/H I I KUmMC/PBUM Mill ifig laiji,narnar PUUII IAMWUm/PBMUN I iw
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      31 31 RILL CONTAINER SERVICE DAILY SAILINGS IfagtJss jgglot Iww nw IWI qlwb m mm AGEWTS rß /COO PAWCON A ,MAKINE SERVICES PTE LTD. cm WO: 11MWOOOOO-W COMPASS SHIPPING AGENCIES SDN BHD UN*)
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      46 31 mm mSn" —n«— ■vcaa wioi oouwo/wn M ami ttm gnat—) PHOENIX SHIPPING rmin MOWH.V BHEAKBULK JCTMCt TO KXTTHBX APWCA AND MDMM OCCAM HLAND6 pmoenmT* OSW/5 SSb* tn/s"** Acwnttiy ctoo tar Mrtawcir, n«unton. B>)Chdto«. MwrtHu». Bwfa. Maputo Induowmnt AOMa: BanUmAQanc*M(aPt»lJd TI64aOTI 61/ I*2 Fwc *****183 Tte R*****0
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      559 32 jm* HKBUjW I?c=Hn=arn mri«ii nm »<m/05 ihi/os 1711/05 I MBS* »74H 0747/05 14-14/04 2121/05 I na«MK »75« 10-11/05 1711/05 7425/05 I neaisujß vu 14-iws nn« 30-31/0$ I BSBWJ^^»77o^lw£^R3yo^^3lOlrt4l MM cT^^sS^l a*™* 047 am —is^r 1 MUM 403 03-04/05 1912/05 2&21/05 I PC BOW 335 09-10/05 14-11/05 »17/05 I IWhfflg Bf
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      595 32 WSSE NMK VOY SMGAPOOI WOT KHAMG OffTTAGOHG MONGU ra no ran» tn no *m*n owni w« oi/os 02/05 03/05 ~~otTS 10/05 I I OIMII9 m 02/05 M/ti 04/05 12/05 1 1 <*»**"* I*lol m 05/05 -jtTir >4/05 —10/05 14/05 15/05 17/05 011 —»B *****1 Wi 07/05 00/05 00/05 11/05 14/05
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      53 32 CONFER (S.EJL) SHIPPING PTE LTD TEL: *****868 FAX: *****245 DIRECT CONVENTIONAL SERVICE TO CHITTAGONG VESSEL SIN CTG EMERALD 15-17 MAY 20-25 MAY DIRECT FCL/lCt/COMVOmOMAL MRVtCCS TOvM*i Sub-Cor*wt IMa Bontay Kndi Ooiante TuiooK OacMi V FmEtm HoOikMiH**iong Hongkong Mb*. Bvq**. Bum FCtACL liniteil Toe tuM Syttiay tMxura Eurapa r*■>□■» tovtiMi, Hvtug
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  • Page 33 Miscellaneous
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      123 33 HjgfcllO Issued by Meteorological K Thunderstorm R a jn Temperature 'C^/^ Wind direction and speed in knots Mam Weather U Cloudy Day 2 Sea Conditions Wind speed symbols S| f < 1 O Fu" circle w/o line indicates calm or light and variable winds L—_J -j—One half fleche represents 5
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