The Business Times, 16 July 2002

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Total Pages: 32
1 32 The Business Times
  • 17 1 THE BUSINESS TIMES Interne?: http://business times.asia 1 .com.sg SI N GAPORE TUESDAY. JULY 16. 2002 MITA(P) 010/03/2002
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  • 87 1 LATEST 1 Reuters [NEW YORK] Wall Street stocks plummeted in morning trading yesterday, falling a hefty 3 per cent 0r270 points. By 12 noon New York time, the Dow Jones industrialswasstill26o points down at 8,423.60. "The market tone remains nervous and nasty," said
    Reuters  -  87 words
  • 62 1 n« WM VMM (-US) □nraoonrram imm (-8.00) QflMRmnB Mmji(-oio) STOCK lilUTlMinn Mottkr flwnt KL8E00MP 7X.11 -07! mkxq m _iu?Lii nut ftAN0SD<0 HM8UI 4U4 SETWDO at* -LSI JAKARTA COMP-4MJO +L» MAMLA COKP Qont tAHB WP! _0*Ut -a« SEOUL POMP 7KU1 -§41 SHENZHEN B AUST ALLOW) 1.1J4J0 BOMBAY LVD SJJlll
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  • 54 1 nmun U» 31 cn(»p(ri») lm CflRMSpvl) UM tTM OJB0<IS|/S*8). IJN L7II TEN ItU «UM KM UN tin BO 7JN0 14* BAHT MC7 SUt SURAH MM kJMl nmiAXB aWATOIF bjau umnm bgwiowo uu JAKARTA- »M TAIPEI 1C6 TOKYO U7» SEOUL 9U FIAXOTUT Uf LONDON .109 *EW YORK 4.76 TOttWTO 416
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  • 1084 1  -  Aim is to retain but without wage rigidities By, Anna Teo [SINGAPORE] A refocused scheme that retains the fundamental aims of providing for retirement, healthcare and home ownership, but at a basic level, and without imposing wage rigidities. This sums up the proposals
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  • 870 1  -  By] Kalpana Rashiwala [SINGAPORE} Developers and others in the property industry heaved a sigh of relief at yesterday's longawaited announcement of recommendations on the use Central Provident Fund (CPF) savings. The general view is that the measures are not as bad as was
    870 words
  • 964 1  -  commentary The proposals, which retain the main pillars of the CPF scheme, are realistic, says THkraa Vikram Khanna ANYBODY expecting a radical revamp of Singapore's Central Provident Fund system may be disappointed by yesterday's proposals by the Economic Review subcommittee. However, radicalism was never a serious
    964 words
  • 448 1  -  By 1 Beth Jinks [SINGAPORE] PSA Corporation's executive chairman Yeo Ning Hong is retiring and will be succeeded by local businessman Stephen Lee, who has been appointed non-executive chairman. Newly-affirmed group president Ng Chee Keong will take on the added role
    448 words
  • Page 1 Advertisements
    • 100 1 MORE REPORTS Market ambivalent towards proposals, Pg 2 Lee Han Shih: First step on the road to free up CPF, Pg 3 n»owiiiu« report, Pg 5 m Rnd out to a special focus, Knowledge Management Asia 2002, on Pages 18-22 ?*i y|H I V IHP i* Kg ■KJ H ff
      100 words

  • CPF review
    • 1234 2  -  But analysts say changes positive for finance sector by Ven Sreenivasan [SINGAPORE] Bank and property stocks drifted sideways in listless trading yesterday as the market reacted with ambivalence to the proposed changes to the Central Provident Fund scheme. Although analysts and brokers were relieved that the
      ARTHUR LEE  -  1,234 words
    • 705 3  -  This could farther harden workers in the 50-56 age group By] David Boey EMPLOYEES aged 50 to 55 are set to be hardest hit by the proposed changes to the Central Provident Fund (CPF) scheme. A slew of proposals will
      705 words
    • 430 3  -  Byi Andrea Tan HOME buyers planning to service the bulk of their mortgages with CPF funds while outlaying minimal cash could be hurt by the proposed CPF changes. Goldman Sachs analyst Sharmini Rajasingham said a small group of home buyers may
      430 words
    • 608 3  -  comment tig PROPERTY Policy to minimise mktaJnbte lmp&ct lee han shih DONT rush out just yet to buy a home, now that the bad news on the Central Provident Fund has turned out to be not so bad alter all. There's
      608 words
    • 793 4  -  Proposed GPF cap won't pose any major problem to home buyers, say bankers, analysts Byi Quak Hiang Whai BANKERS and analysts generally agreed yesterday that the proposed caps on the use of Central Provident Fund money for housing will have little impact on
      ARTHUR LEE  -  793 words
    • 272 4 Dbtrfoution by monthly wage level and age group as at Dec 31,2001 <200 5.878 2.128 790 596 840 975 922 819 305 836 1 13 890 1 09 ao-a» 3.428 tw > Mt I mr j 1.199 1.410 1368 no t«i 2 14*2 i.u
      272 words
    • 320 4  -  By 1 David Boey MEDISAVE contribution rates are likely to go up by one percentage point once the Central Provident Fund (CPF) contribution rates are restored, going by recommendations released yesterday by the Economic Review Committee's members who looked at the retirement
      320 words
    • 583 4  -  Byi Andrea Tan MOST public-fiat buyers won't be affected by the recommended Central Provident Fund changes aimed at encouraging prudent withdrawals for housing. The Economic Review Committee's sub-committee on policies related to taxation, the CPF system, wages and land said yesterday
      FILE PHOTO  -  583 words
    • 526 4  -  ByE Serena Ng SINGAPOREANS* contributions to their Central Provident Fund Special Accounts look likely to go up again following proposals aimed at further building their nest eggs and helping more people meet the CPF minimum sum for retirement. Yesterday, the ERC subcommittee
      526 words
    • 489 4  -  It says privately manage plana should be an option By l Genevieve Cua THE Government should facilitate the provision of lowcost privately managed pension plans to CPF members, as this addresses the current problem of high investment costs. This was the recommendation of
      489 words
    • 3474 5 We reproduce below the Executive Summary of the Economic Review Committee's subcommittee report on "Refocusing the CPF system for enhanced security in retirement and economicflexibility THE CPF (Central Provident Fund) system is fundamentally sound. Since its introduction in 1955, CPF has provided Singaporeans with a framework
      3,474 words
  • Page 2 Advertisements
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  • Page 3 Advertisements
    • 111 3 WPT*' i I I WM i■— B; ijfl Mm ■k\»m- m. M Wm »m_ v 'M'Jm I Ik !ml -:3 1: BmM mi i /im i I *|Hmh ''"v '"•aS t-^rn A jL H BM**^ IB wA mß&** 1B BJ> V |l^ obstacle detection system P ass enger side airbags.
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  • SINGAPORE companies
    • 740 6  -  Telco getting more enquiries from US company's customers Byt Angela Tan SINGAPORE Telecommunications Ltd is receiving more enquiries from potential customers in the wake of the accounting scandal that threatens to bankrupt US telco giant World Com. "We have received lots of enquiries from
      Source: Bloomberg; FILE PHOTO  -  740 words
    • 186 6 LINKS Island Holdings, whose shares have been suspended for almost two years, yesterday said its interim net profit fell 74 per cent to $396,000 while turnover slumped 48 per cent to $5.7 million. The land reclamation and dredging firm last month warned that
      186 words
    • 385 6  -  Surge aided by export recovery, school holidays By Conrad Raj SINGAPORE Airlines' June load factors, especially cargo, rebounded strongly from the previous month's low, due largely to the export recovery and the school holidays which saw more families travelling abroad. The overall
      385 words
    • 553 6 Reuters SINGAPORE'S semiconductor firms are likely to narrow their second quarter losses, thanks to recent inventory restocking in the communications and consumer segments, but the second half of 2002 could be a washout. A Reuters poll of five analysts showed Chartered Semiconductor
      Reuters  -  553 words
    • 572 6  -  !t9tT lock siew harish mehta ONCE again there is talk of listing the Stock Exchange of Thailand (SET) on its own Bangkok bourse. The idea was bandied about a couple of years ago and was then left to a committee to
      572 words
    • 443 7  -  Contract manufacturer aims to raise $29.7 m By Serena Ng LISTED Nera Telecommunications' contract manufacturing subsidiary Nera Electronics (NEL) yesterday launched its initial public offering of 90 million shares at 33 cents each to raise a total of $29.7 million.
      ARTHUR LEE  -  443 words
    • 340 7  -  Proceeds from the 20C shares estimated $&5m Byy Vince Chong OKP HOLDINGS (OKPH), which specialises in road construction and maintenance, launched its initial public offering (IPO) of 22 million shares at 20 cents each yesterday. The Sesdaq IPO, in the wake of a construction
      340 words
    • 401 7  -  Stake in Indon firm owning office building and hotels will cost USss&3m Fromi Shoeb Kagda in Jakarta SINGAPORE-LISTED Guthrie GTS has been picked as the preferred bidder for a 75.97 per cent stake in Indonesia's PT Wisma Nusantara International (WNI). In
      401 words
    • COMPANY Briefs
      • 78 7 SEMBCORP Marine yesterday annminowi that merchant bank ANZ Singapore has been appointed to advise independent directors on the move by parent SembCorp Industries to take the shipyard private. It also announced that the Securities Industry Council has confirmed that the following board members of SembCorp
        78 words
      • 38 7 LISTED ftirniture and household products retailer Courts Singapore is taking up some 17,000 sq ft of retail space at Parkway Parade Shopping Centre. Hie new outlet is expect to open in September.
        38 words
      • 89 7 PARKWAY Holdings, through subsidiary Gleneagles International, has tied up with Brunei's Jerudong Parte Medical Centre Sdn Bhd to set up a joint venture, Gleneagles JPMC Sdn Bhd. Gleneagles has a 75 per cent stake in the venture, which has a [Mid up capital of B$100,000(S$100,000)
        89 words
      • 82 7 FJ Benjamin has received applications for 283.4 million warrants, representing 99.4 per cent of the total rights issue erf 285 million warrants offered to shareholders. This included acceptances for 270 million warrants and excess applications for some 13.4 million warrants. Part of the 15
        82 words
  • Page 6 Advertisements
    • 428 6 i Embarking on an initial public offering (IPO) Is a major milestone for companies, requiring the IPO candidate to comply with the listing regulations, and thereafter, the continuous listing requirements of the Singapore Exchange These regulations and requirements have recently been subject to review and change, in tandem with the
      428 words

  • Page 7 Advertisements
    • 405 7 I irj[ I Initial Public Offering I I 72,000,000 Placement Shares by way of placement, comprising: I a 62,000,000 Placement Shares at $0.33 for each Placement Share for applications by way I I of Placement Share Application Forms; H I I I I C* I (b) 1,000,000 Placement Shares at
      405 words

  • SINGAPORE markets
    • Article, Illustration
      300 8 OTHER SINGAPORE INDICES Ju« 15 VALUE CLOSE ■TOtADS 109.00 -25.00 WMW -*****.00 -105.00 IflMylW -*****.00 +11.00 NMt+Mm 432.09 .1.44 W!piwB»d 140.90 -2.98 IQBpJIwHi 1424.05 *1.24 419.56 -2.79 ■OTflwynn 201.82 -0.29 MWCIfahw 202.50 -O.lQ Darco 5c 117,051,000 Datacrart 10c 17,109,000 Aspnetcen 2.5c 16,223,000 BIL Ind US20c 14,985,000 HTL25C 14,936,000 NewWave 5c
      300 words
    • 282 8  -  HOT STOCK/ WARRANT By Ven Sreenivasan WITH the excitement generated by its successful property trust launch fizzling out, interest in Capita Land shares seem to be going the same way. The counter closed four cents down at $1.53 yesterday back to where
      282 words
    • 732 8  -  i comment STOCKS r. sivanithy THE latest initial public offer may have captured the imagination of traders yesterday, but there are three more important considerations from the broad market's point of view. First, how much worse will things get on Wall Street? Second, what will
      732 words
    • 597 8  -  -I I comment CURRENCIES Test of key 115 yen support now squarely in traders' sights this week larry wee THE greenback continued down an increasingly slippery slope yesterday, after a horrible fall in US consumer sentiment totally eclipsed decent retail sales
      Source: Reuters  -  597 words
  • 2660 8 UNIT TRUSTS FUNDS Com Global Irrtotec index Fd 0 295/ Com Global Energy Index Fd 0.901/ Com Global Travel Index Fd 0.712/ MM Amro tad Mgt (S'pore) Com S pore Bond Fund/ A 104V Star Europe Eqty" 066V Star Europe Bd 1047/ Credft Agricoto Aaaet Mgt S'pore Ltd Star Europe
    2,660 words

  • SINGAPORE news
    • 637 9  -  MAS also working on guidelines to strengthen corporate governance By i Siow Li Sen THE Monetary Authority of Singapore (MAS) is developing a ranking for insurers as part of its risk-based supervisory approach in regulating the industry. Directors on the board of insurers will also
      637 words
    • 109 9 SINGAPORE will work with China to train Chinese officials in public administration and public service reforms, the government said yesterday. The Singapore Civil Service College (CSC) said the agreement marked "another milestone in the area of training and development" between the two countries. The
      109 words
    • 359 9  -  Byl Adeline Chia BUSINESS travel from all major markets in May fell over the same month last year except for China, which rose 9 per cent, according to the Singapore Tourism Board (STB). Total business-related traffic from the top 12 markets dropped 11
      AFP FILE PHOTO  -  359 words
  • Page 9 Advertisements
    • 276 9 IN THE MATTER OF THE COMPANIES ACT, CAP. 30 AND IN THE MATTER OF SIMPATICO PTE LTD (IN MEMBERS' VOLUNTARY WINDING UP) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 26 Baysbore Road 001-04 Singapore *****2 at 11.00
      276 words
    • 252 9 IN THE HIGH COURT OF THF IgMUmOßfltfflKl Originating Summons No. 923 of 2002/P In the Matter of Section 73 Companies Act. (Cap. 30) And In the Matter of Uaod Hortl-Tech Hotdtegs Ptc Ud (RCB No. **********Z) NOTICE NOTICE IS HEREBY GIVEN that in Originating Summons was on lOth July 2002.
      252 words
    • 261 9 B Save up to 30% on jAN A fx Business Clasa mjfe to usa Fly ANA Business Class to USA and enjoy the best of inflight service, peerless facilities and excellent arrival timings (before lunch All these at up to 30% savings! That's because ANA offers some of the most
      261 words

  • FOCUS property
    • 620 10 It plans to convert HE Maui commercial building to apartments [HONG KONG] United States-based Oakwood Worldwide is planning to expand in Hong Kong and other parts of Asia to compete with deluxe hotels and local developers for a piece of the burgeoning serviced-apartments
      620 words
  • Page 10 Advertisements
    • 202 10 INVESTMEN^■^■■■■■|| Residential Investment Opportunity v SHAN MANSION 1 For enbloc investment or I r- l Lt>Tltll ~T NOAO as redevelopment site l J j~^ Site Area 21,051 sq ft f n Tenure Freehold 51 J Building :22 units of 3-bedroom apartments I I MP 1998 Residential 2.8 TENDER CLOSING: Tbes,
      202 words
    • 574 10 W UStuEat Amber Road Site Area: 22.790 sq. ft epprox. *4P')V— Plot Ratio 2.8, up to 36 storeys IBW Potential Gross Roor Area: 63,800 sq. ft approx. Close to reputable schools, eateries, shopping end recreational facilities FOR SALE BY TENDER OeeietPle:»lJelyaß(WM)at4pm af Junction ofßalestier Martaban Roads 13,596 sq. ft approx.
      574 words

  • SINGAPORE news
    • 344 11  -  on the economy retail sales By Vince Chong SINGAPORE'S retail sales index stayed in negative territory year on year for a seventh straight month in May, when it slid 8.1 per cent. This followed a 3.5 per cent year-on-year decline in April and
      Source: OOS  -  344 words
    • 410 11  -  Weekend new home sales affected as buyers waited for CPF changes Byy Vince Chong HOME buyers remained cautious at the weekend, although some were expected to rush into buying in anticipation of Central Provident Fund (CPF) changes announced yesterday. Before the Economic Review Committee's announcements yesterday, there
      410 words
  • Page 11 Advertisements
    • 472 11 SPECIAL INTERESTS m Sen It. The Straits Times Classified. Classifications 52-86. Ftad L&SU Advertisement Audi conquers the World's Toughest Race 3 years in a row History was made at the 70 year-old racing of Le Mans this year. The Kristensen sweep for took Le Mans, FRANCE-In front From the start,
      472 words
    • 51 11 ft I■ i I INDUSTPIAI PAPK t»A*i*B Bfc_ mt |®^jjj^ Central Location Brand New Instant Move-in Parking/Loading in front of unit Sales Office: 53 Übi Avenue 1 #01-11 Tel: *****002 (Office)/*****121 (Stella)/*****681 (Vincent) Smaller units are also available (office/warehousing/distribution) Special renovation package ($50,000) for Ist 5 units sold (subject to
      51 words

  • EDITORIAL & opinion
    • 780 12  -  mtu* 1 bottom line OPINION frank ching The writer is a Hong Kong-based journalist and commentator MORE than two years after political power was transferred from the Kuomintang (KMT) to the Democratic Progressive Party (DPP), both the ruling elite and the former powerholders continue to trade
      780 words
    • 35 12 'Each generation only does it once to themselves. A great many geriatrics in Florida did it twice, but they've completely forgotten the first time.' -Bcbßvtara economist, on America's 1990 New Economy hype
      35 words
    • 578 12 EDITORIAL BEFORE this week is out, Indonesia is expected to mark the creation of its 34th province when Parliament passes a bill to establish Propinsi Kepulauhan Riau (Riau Islands Province). While Indonesia has added six new provinces since the passage of the Regional Autonomy Law in 1999,
      578 words
    • 1001 12  -  A couple of thousand points off the Dow could be on the cards fYorrii Anthony Rowley in Tokyo Things fall apart; the centre cannot hold; Mere anarchy is loosed upon the World. THE late, great Irish poet William Butler Yeats used those words at
      AP  -  1,001 words
    • 367 12 COMMENTARY South China Morning Post THE placing of a marker at the western end of the land border between China and Vietnam is a symbolic step on the road to the normalisation of relations between the two countries. Relations between the two countries have
      South China Morning Post  -  367 words
  • Page 12 Advertisements
    • 441 12 EUtmflfl ■BHHBHHBBBMCMMni |^^^^LANTROVISION(^^^^^^^^| I (Incorporated in the Republic of Singapore) fl B NOTICE OF EXTRAORDINARY GENERAL MEETING I B NOTICE IS HEREBY GIVEN that the Extraordinary General Meeting of the Company will be I held at 102F Pasir Panjang Road #03-03, Citilink Warehouse Complex, Singapore *****0, fl on Wednesday 31
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  • REGIONAL news
    • NOTE Book
      • 84 13 Dow Jones AP [BEIJING] China's economy grew by 7.8 per cent in the first half of the year from the same period last year to U*****.9 billion thanks to a strong trade performance and continued state spending, the government said yesterday. State Statistics Bureau
        Dow Jones; AP  -  84 words
      • 68 13 AFP [HONG KONG] Personal bankruptcies in Hong Kong hit a record high of over 10,000 in the first half of this year, more than double the total for the whole of last year, government figures showed yesterday. A total of 10,173 personal bankruptcies were
        AFP  -  68 words
      • 70 13 Dow Jones AP [HONG KONG] Tycoon Yang Bin, chairman of agricultural conglomerate Euro-Asia Agricultural (Holdings) Co, has admitted facing investigations by mainland authorities, but says he has not evaded taxes. Mr Yang, named China's second-wealthiest man last year by Forbes magazine, said he was among
        Dow Jones; AP  -  70 words
      • 34 13 Reuters [JAKARTA] Prosecutors yesterday demanded former president Suharto's favourite son Tommy be jailed for 15 years for masterminding a murder, possessing illegal arms and evading a graft conviction.—Reuters
        Reuters  -  34 words
    • 440 13 BANGKOK Thai central bank says exchange rate policy is its business AFP THAILAND'S central bank chief Pridiyathorn Devakula Monday rebuked Prime Minister Thaksin Shinawatra for making bullish comments on the baht which has rallied to its highest level for two years. "The prime
      AFP  -  440 words
    • 421 13  -  Listed firm will buy 50.1% of Johorport from Seaport From Eddie Toh in Kuala Lumpur THE Securities Commission has given the green light to tycoon Syed Mokhtar Al-Bukhary to sell a majority stake in his Port of Tanjung Pelepas
      421 words
    • 311 13 JAKARTA Suharto's daughter Tutnt made USs3som from markups on imports AP THE family of former dictator Suharto pocketed hundreds of millions of dollars in the 1990s through huge markups on arms imports for the Indonesian military, a media report said yesterday. A
      AP  -  311 words
    • 376 14 JAMMU. India Pahistaa, ia staaMfwith India, swiftly condemns the attach which MHed 27 Reuters INDIA, condemning an attack on a Kashmir slum that killed 27 as "terrorism in its most naked form", said it would give Its full reply on Monday, as
      Reuters  -  376 words
    • 616 14  -  Possible index inclusion, 5% discount, tycoons' backing are draws From I Audrey Tan in Hong Kong THOUSANDS of Hongkongers queued at bank branches yesterday to apply for Bank of China (HK)'s shares, drawn by a 5 per cent discount for retail players,
      616 words
  • Page 13 Advertisements
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      264 words

  • Article, Illustration
    1023 14 Transaction date: Jul 15 1MTKRBAMK CROSS RATES AS C$ —fc ton H«$ Mfc V wm m m HfcH Hm —i str KTj 9m Pmat VU AMtrt* 0.862 <451 0.564 4J78 27.407 50.121 0452 6.M3 2.133 LIS ***** 28-315 0.974 1421 0J2t 114)9 22J29 0J4I 0441 CmH» LMO 1403 0494
    1,023 words
  • 1396 14 SICOM FUTURES RMKI tans (CM* print) KSIgewtvm Claw Votaao Oam y m I*# law tm (to—ot) latorat 143.75 Sep 02 ***** 21??, ***** *«02 ***** K$3(US<MtVkq) Vo*M 0m Mowt> Nj#| U» Soft (to—i) Iwtortst «U5 100 750 Sep 02 81.00 rvw Oct 02 Mt50 79JO 79JO 275 2050 *»02
    1,396 words

  • WORLD news
    • 168 15 Reuters (BIRMINGHAM, Alabama] US President George W Bush yesterday said the United States was suffering a "hangover" from an economic binge, but that the country's economy was fundamentally strong. "In order for us to have the security we aU want, America must get
      Reuters  -  168 words
    • 213 15 NYT THE Coca-Cola Co, breaking ranks with the vast majority of American companies, said on Sunday that it would change its accounting so that its earnings reflect the value of the stock options it grants to executives and other employees. That move, which
      NYT  -  213 words
    • WORLD Watch
      • 125 15 AP. Reuters [WASHINGTON] US companies boosted stocks of unsold goods in May, marking the first increase in their inventories in 16 months, a sign that the economic recovery is making businesses feel more comfortable about replenishing supplies. Stockpiles of goods on shelves and backlots
        AP.; Reuters  -  125 words
      • 53 15 Bloomberg [WASHINGTON] World Com Inc is expected to file the biggest bankruptcy in US history this week amid fraud lawsuits from banks, USA Today reported. Chief executive officer John Sidgmore said he is still working out four possible scenarios for the company, two of which
        Bloomberg  -  53 words
      • 32 15 Bloomberg [LONDON] Morgan Stanley said it will bring about 400 bankers who underwrite stock and bond sales into a single division as demand for investment-banking advice slumps.—Bloomberg
        Bloomberg  -  32 words
    • 454 15 NEW YORK Merger will take it to No 1 spot with 11% market, USs7b research budget NYT, Bloomberg DRUG giant Pfizer Inc has agreed to acquire Pharmacia Corp for US$6O billion in stock, making it by far the most dominant drug maker
      NYT,; Bloomberg  -  454 words
    • 272 15 LONDON Company rejects ex-staffs charges over USs7b deals Reuters SHARES in Royal Dutch/Shell Group slipped to their lowest in more than six months yesterday after a former employee raised questions over US$7.4 billion of deals in future US power prices. George Namur, a
      Reuters  -  272 words
    • 367 15  -  From, Anthony Rowley in Tokyo JAPAN'S current account surplus rose by a stunning 108 per cent in May from a year earlier, while the underlying trade surplus surged by an even greater 183 per cent, the Ministry of Finance reported yesterday. But
      367 words
    • 477 17 NEW YORK SEC examining accounts daring the 5 years he was running the firm AFP. AP VICE-PRESIDENT Dick Cheney was aware that Halliburton was posting cost overruns as revenue when he ran the oil services company, the current CEO told Newsweek magazine. "The
      AFP.; AP  -  477 words
  • Page 15 Advertisements
    • 105 15 HUBS Investment Solutions. Pinpointing superior investment managers for your unique needs is the strength of our incisive analysis. Your ÜBS advisor employs powerful research tools and the expertise of both ÜBS and third-party specialists to provide the ideal investment solution for you. You also receive, as part of our premium
      105 words

  • 4161 16 Transaction date: Jul 15 for more, go to wwwjasicumerwiarketsjxmi HONGKONG HysanD- ,50 00s m W mterchma Hkjgs OH 001 4920 1 W- 1888 lot-IB** of Am* 1.97 -0.02 241 zzzzr-" a st js JSSKyfi,,, !!5 s£ "K5 SSSfesiCjS SS 'Si 5™ *•"9® Copper M— 057 -002 1460 "l2
    4,161 words
  • 2086 16 Transaction date: Jul 15 B KUALA LUMPUR f™"»NNw no mh 34 Vol F58M 2.17 unch MM *h rnot FW Industries .0.40 unch 33 Gadang 127 -0.02 I A AM Realty 106 -0.03 65 Gamuda 6.10 unc*« 791 Abric 1.58 -0.07 77 GanadCorp 041 -0.10 1 AC7 Industries 3.16 -0.02
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  • 302 16 Pransaction date: Jul 15 sml-.s i slir" iir sgfi. x a. ts aa is a a* a is ffs. 1 s a ss a a a if. a s» sks" 3 a 2 ssfea, a a a a a a Ha* Pw Corp Ul US Sport Und 041 MM
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  • 567 16 BONDS WARRANTS IM MCw Enr *S *3& «*r- fmt» ffkm %—*rn m ASTHMM0B1 as H M IS 23 AowUdWKMim ,2 u ncti XI SO 471 4.SO 2* Afl«*WW***** JM 1 1063 1 33 4 129 35 ArnMrongM*M0620 15 1 K 92 4.00 22 teHSAOHKI Mk MS Oar 65******901 10k Bor*«fc\MHW1S
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  • Page 16 Advertisements
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  • 4327 17 Transaction date: Jul 15 for live prices, log on to umrw.cunaoTiemarkets£om ASNAmroNLGSCc 9 12 31 1M 20.5 13 c Ad Dynamics20c 13 unch 10 13 13 13 16 0.7 8 1 217 12 J 14 245 115 c A£M-Ewrtech 5< 195 -1 254 20 19.5 19.5 20 }£2
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  • 1250 17 ■STL. <£ .u. £L mS! 9 HrCrfM M mCm Wa ■p I— 5*. W- PI *1 I— Sdte CW m fS w5 27 12 c ABR HhtgsSc 17 155 17 gj;g==s r 2 515 20 c ASTI 10c 32 -1 569 32 5 32 32 32 5 "A
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    317 words
  • Page 17 Miscellaneous
    • 206 17 mifci-iiC CROSSWORD 1 Stealthily removes hard li- P PI j 4 j P P fl| quor from view! (7,4) HITH |H |H taunted speaker (7) 15 Obligatory a vicar, say in Turkey (7) 27 Diminutive general in Den- 8 A candlestick is fine at ur*- of prey (5) ver broadcast
      206 words

  • Knowledge Management Asia 2002
    • 871 18  -  Given the tighter economy and increased globalisation, companies still need a successful KM culture to save money and conduct effective business worldwide, clare hart reckons CLARE HART The writer is president and chiqf executive officer of Faction, a Dow Jones and Reuters company WHAT'S
      871 words
    • Article, Illustration
      1169 19  -  An organisation can be as intelligent as the people who are part of it, when harnessed by an effective KM programme, david j skyrme elaborates DAVID J SKYRME AT the launch of his latest book, Corporate Longitude, in London recently, KM pioneer Leif Edvinsson was asked what is
      1,169 words
    • Article, Illustration
      982 21  -  While most managers believe in the importance of knowledge management, not all have in place a project or strategy, anmateo gleans some interesting findings from a study by a Singapore-based consultancy ANNA TEO JUST about everyone believes it is important, but not all are doing something—or anything—about it
      FILE PHOTO  -  982 words
    • Article, Illustration
      1704 22  -  Success lies in sharing knowledge residing in people's heads not just the written stuff. So the term knowledqe management is a misnomer, the man credited as the founder of KM tells ammateo ANNA TEO IN January 1984, Robert Buckman then chairman and CEO of Memphisbased specialty
      FILE PHOTO  -  1,704 words
  • Page 18 Advertisements
    • 350 18 for over 20 years, our qualified professionals have been assisting clients to venture offshore with confidence by providing consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions including British Virgin Islands Mauritius P|PI Cayman Islands Hongkong Bahamas Samoa Full nominee, management, corporate secretarial, banking and professional administration
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    • 55 18 MM I I lifili li I I ill i I^Dentc r Perfec{ 10 JKortdays ZJhursdays AMAZING UNCI SAVINGS MONDAY WEDNESDAY $10 FOR ALL PASTAS TUESDAY THURSDAY $10 FOR ALL PIZZAS FOR RESERVATIONS let 6536-5366 No 71 Boat Query lei: 6468-4668 22 lorong Mambong. Hotand VBoge p-wdpjt3 feamrljfeaEa i] I jT
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    • 70 18 f N "Fantastic value! icon enioy salads,iotcreocn, local desserts ice kacang and tau suan fresh fruit fo rom y AlprtCM*** TJ: 6343 0064 Fi: 6343 0033 HCTIH. vww.lk>«*l*ii»J< toe. com. «g i WINDSOR (ovmJ ky Ho B«* Drvrlopment. Pte Ltd) I I L Jf Win*, Dim A liiUWfchi I ftuiineii
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    • 81 18 $EHa@HFwffl National Day Gourmet SpeciaL 8 to 21 July 2002 IqP Creative Set Lunch $35* per person Jjr 4-course Set Dinner 582 per person (served with a glass of wine) Ofu/6 6-course Gastronomy fI 1 Set Dinner 150* per person (served with 5 glasses of wine) Revolving A carte menu
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  • Page 19 Advertisements
    • 182 19 THE GOOD NEWS IS, YOU NOW HAVE MORE VALUABLE INFORMATION COMING INTO YOUR BUSINESS THAN EVER BEFORE. > BUT THEN, THAT'S ALSO THE BAD NEWS. > BrightStor™ Storage Resource Manager The smart alternative to managing your storage. Ydu never thought you could have too much of a good thing when
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  • Page 20 Advertisements
    • 164 20 m iiwouoHwao i HIIPO, luoouoy sjuiy m, when the platform, offering a wealth of functionality ;^^HJi9^HHP^H Portal Server is the Intelligent Enterprise such as strong application integration and I I Reader's Choice, once again affirming its mobile connectivity. Together with our I position as the preferred portal solution. integration partners,
      164 words

  • Page 21 Advertisements
    • 98 21 Itl l»^^^^BBI. A al 11 I^UlllßXilUJltlS^UlSftUli^^^Briw m jW m E? |HW|p; K. Vf V X Upgrade your people with facts. Spot opportunities. Clarify doubts. Make better decisions. Upgrade your people with information from Factiva, a Dow Jones and Reuters Company. Let us bring you business information the way you want
      98 words

  • Page 22 Advertisements
    • 171 22 ■I I Stage 1: Us company caa grow with a scalable Infrastructure. I V <'£§ JV jgp Stage 2: His company caa llak to partners, customars and suppliers with a flexible infrastrwcture. u i #30 ffc > r /Mf top* 3: His campaatfe Infrastructara can handle ahangas automatically. V tM
      171 words

  • SHIPPING TIMES
    • 271 23 Reuters THE Baltic Dry Index (BDI) shed one point to 1,004, the Baltic Panamax Index (BPI) gained two points to 1,022, the Baltic Handymax Index (BHI) fell nine points to 7,508 and the Baltic Capesize Index (BCI) was down three points to 1,154. TfUMWIMBb Pacific Navigator (built 1997)
      Reuters  -  271 words
    • 218 23 a w CWT Distribution 0.81 OCT 20 Cosco ln»«stmonl —0-21 -oioi 195 FnttaM Links 0.05 -0.01 10 G8 HoMnqs 0.78 -O.OI 17 Jays Holdings 0-25 -O.OI 336 KsppolCorp 4.36 0.06 1388 Koppol Marina 0.18 unch 90 KappalTolO 0.97 -0.01 80 Labroy Marino 0.31 unch 960 Motalock 0.38 unch
      218 words
    • 729 23  -  Problems at PSA's Belgium subsidiary componnded by rapid growth By 1 Beth Jinks [SINGAPORE] Delays caused by "teething problems" at Hesse Noord Natie's (HNN) Antwerp terminals should be ironed out by September, the newly merged and PSA Corpora-tion-acquired terminal operator says. Mainlines
      FILE PHOTO  -  729 words
    • 308 23  -  By B Beth Jinkd [SINGAPORE] Singapore's Coastal Bunkering Services Pte Ltd has had its appeal against recent licence suspensions rejected by the Maritime and Port Authority of Singapore (MPA). Following the suspension of both the bunker supplier and bunker craft operator licences in May, Coastal Bunkering's
      308 words
    • 244 23  -  From, Alec Almazan in Manila TWO Philippine-flagged cargo ships collided shortly before midnight on Sunday off the port of Naga on Cebu island in central Philippines killing a ship captain and leaving two crew members missing, the Philippine Coast Guard reported yesterday. The
      244 words
    • 120 23 Dow Jones [NEW DELHI] The Ministry of Disinvestment may allow a higher foreign stake in Shipping Corp of India (SCI) in an attempt to placate foreign companies who were unhappy with restrictions on their investments, reports the Economic Times. The government has put a limit
      Dow Jones  -  120 words
    • 195 23 [SINGAPORE] PSA Corp's container terminal venture in Fuzhou handled a record 42,000 TEUs last month, a 36 per cent increase over the same month last year. This growth pushed the Fuzhou Qingzhou Container Terminal's (FQCT) first half volumes up 20 per cent over
      195 words
    • STRAITS safety
      • 821 24  -  The Japanese shipping community has been involved in the navigational safety and protection of the marine environment in the Straits of Malacca and Singapore over the past 30 years, writes tadashi m —^'r/v TADASHI SHIMURA The writer is general manager of the non-profit making
        Port of Singapore; MPA  -  821 words
    • 122 24 PA8C FoongSun 5 BSA Fttfrani 6 twgMet 6 C«Mrtr«is 4 CNACCM 3 Hal# 4 COSCO 3 4 CotunOus S HMH9-A 3 Central Ei 4 HMSl 5 CMu&hpq 5 Kim Hung 5 i Cougar 5 Kyowa 6 CVTGioMM 6 KMTC 3 Mms 4 Liner 4 Dongnama 3 Uy
      122 words
    • 11593 28 thebusinesstimes EXPORT "tUT' V Y g TaWphon. ETA ETA V«M Voyaq. Tatepton. sR^SgSl,.,■ :1 r&?y.- Numbar Nuntwr SIN Dastn Nam* Nam* NumOar Numbar To AOABA (AOJ) 2023 Jordan To ABIDJAN (ABJ) 2003 Cota D'tvotr* 23/07 06/09 COSCO UM PATRIOT 029 W mm— 24AI7 26/00 Kian Hung ROYAL CONTAINER
      11,593 words
    • SHIPS IN PORT
      • 337 31 v,ss *< Voy No Berth Arrival Departure Jmtftrt SARAKAUTAMAJ 01-frt JO H/07/*****) 16/07/*****0 SI SUR MOAN ***** JOI 16/07/2008O) 16/07/2011:00 N**' 09A/02 JM 16/07/2008:00 16/07/*****0 S£UMAI JiOTOI J02 16/07/2008"00 16/07/2023 00 ••■STAR <TS02 J03 16/07/2009-00 16/07/*****0 IATSNATER228 M2171 J02 16/07/2009j0 16/07/2016:30 BT KMAl2 JOI JOI I6/07/2OO9JO 16/07/*****0 EWtS
        337 words
      • 1623 31 CONTAINERS terminal and vessel schedules V«*l Out BcrtMng IM- tor* w Vyi liim tiiMii Hmkr DO ACI COWTR jflgj I*****0n>30 jowowioi 30 awl1 QMS OMI IWHaa-IMO IMIBBBMMQ KB «aiwa«im ami osm larowamo imwmmmo m C1»W CHW» IMPQetBOMO *****002-0000 101 a ww tm moiBCBg-aa) wdwobkmo j WW OPS* **********10
        1,623 words
      • 173 31 Ml 7 South Korea: Constitution Day Japan: Marine Day Jul 20 Japan: Marine Day Jul 21 Belgium: Belgian Nat Day Augl Switzerland: National Day An* 5 UK: Bank Holiday (Scot) Aog» Singapore: National Day Aog 12 Thailand: Queen's Birthday AoflS Belgian: Assumption Day France: Assumption Day Italy: Assumption
        173 words
      • 805 31 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 market. Prices shown are baaed on average sized stem. Market movements are indicated The Cockett Bunker Price Index change and
        805 words
      • 418 31 Ma M/W1 %B/H ym JSS ISO/Cmmc LMts S#K £25 991 10 B.O 0.10 80 0JO *9* &*5 991 IQ M.Q o p go on Norther* Ewo* 160 A** 900* 0.2 11.8 0.04 23 002 ■0 MM 9919 U 16.4 0 08 76 0 07 •lo above
        418 words
    • AIR & LAND transport
      • 239 32 Discount carrier to offer flights at half the normal fares AFP [KUALA LUMPUR] Malaysian no-frills airline Air Asia plans to go regional with cheap flights to Asian cities from next year, a report said yesterday. The small carrier, which currently flies within
        AFP  -  239 words
      • 657 32 Image of neutrality, safety and reliability further tarnished by recent events Reuters [ZURICH] What else can go wrong? Swiss are wondering, as hard questions over the national air traffic control's role in a deadly mid-air crash put another dent in the tarnished Swiss
        Reuters; AP FILE PHOTO  -  657 words
      • 190 32 AP [TAIPEI] Taiwan's biggest carrier, China Airlines, is waiting for Russia to sign an agreement for Taipei-to-Moscow charter services, a government official said yesterday. If approved, the services could mark a big step forward in Taiwan's efforts to improve relations with Russia, said
        AP  -  190 words
      • 122 32 Reuters company, which succeeded failed carrier Swissair Group after it collapsed in October did not indicate whether it was changing its loss forecast for the full year <J!?^f ITI TKla rc < ailsfor theflrst W would be published on SeptlS. "Overall a seat-had factor of
        Reuters; REUTERS  -  122 words
      • 198 32 Bloomberg [TOKYO] Japan Airlines, Asia's biggest airline, and Japan Air System expect profit to rise by almost a third in their first full year as a merged carrier as cost cuts start to take effect, the companies said in a release. Japan Airlines
        Bloomberg  -  198 words
      • 220 32 Dow Jones Newswires [HONG KONG] Air cargo volumes in June soared by 25 per cent year on year due to the improved economic environment, but passenger traffic fell 7.0 per cent, possibly on delayed travel plans because of the
        Dow Jones Newswires; FILE PHOTO  -  220 words
      • 1248 32 mow n» man n> 2350 .J MM a» FrwMwt IH778 1555 S0326 1230 UKt*r«a» KL837 510 G*974 0130 Oft *05 8*7305 2250 KU38 2225 OTi 2250 m* 2M5 mi aw MB 2— S0990 OHO mm mm 0352 ono 8S*r16«f*«M M21 noo S0«2 0910 SWM IB X22
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  • Page 23 Advertisements
    • 8 23 Japan committed to keeping Straits safe PAGE 2
      8 words
    • 331 23 V mm. i*' V PSA's Dr Yeo to retire PEOPLE Air France has appointed Jean Hare OttavtoJi as regional sales and marketing manager of South- J east Asia and Australia, based in Singapore. He succeeds Antoine Huet, who has been assigned to Air France's Paris headquarters as deputy director of
      331 words

  • Page 24 Advertisements
    • 315 24 I v ]|-|l su.-c<whHtKr ll P'WUKgfi-i'--'.':: ~~1 Sr «S m I 3 I m _w» «oi <u SSSSTST SS S£ S2~ 25 IT£T" /w 111 l«»— I nm Hm mm muanmam »<" »m w» I II J WfIUCTMIW 17/»7 u/>y »/Q7 H wwaowriiniwwwTO I •amNUMMWuyujaaMi Sbbw iftrtl I tIM a"
      315 words
    • 27 24 WOmjGATE EXPRESS LINES PTE LTD Chlttagong icolombo l\BraCnl powtlouw ia/07 Bombay CHrTTOOOWQ/DHAIU ipliffl mauras *A»uct«/iAHowg 19/07 MtDMMmAMOMJOm 19/07 n 9 CALCUTTA 20/07 rOn LOUIS NHAVA SHEVA 22/07
      27 words
    • 487 24 v Mentmofiwßegirtryof Members of rfw wSjjjJS' AcnvdM Shipping Agvtis, Singapore logistics Singapore Shipping Association Association UIY UNI MALI rasa vot n> m (b r-miß you am Pnnc«M Uky Q6Q2 19/07 20/07 28/07 Empress 0502 04/06 03/08 11/08 Princess Hy 0702 19/08 20/08 28/08 ULY MAMNi SERVKCS PTE IJD I i
      487 words

  • Page 25 Advertisements
    • 791 25 TO USA (SAX SIRVKE) rasa »0T swra lax oa« pai noii |cm cot HIM m IfTC Oft CANADA IOOf 17/07 11/01 05/01 <5/01 05/00 05/01 00/00 OS/Oi 07 /QQ 07/00 rnxOTuim not 24/07 00/00 n/00 n/00 12/00 12/00 13/00 12/00 u/oo u/00 IflCYftiK 1121 11/07 IS/00 10/00 10/00 If/00 H/QQ
      791 words
    • 1086 25 NIW MUCT CAU FROM I'POti TO '-w—» MMljg^pfoflijp M««JHT?MNG PTE LTD ~tS£T «{ffiffifc I MMM.M.»J_ cimmi/i/iwbm m. *n* iwouu*) M7#i *»sii«/« I SSKSS.,— SSSU 853% i—mtuum, wnSnmiwi/TO mi T 2S» 2« UWBSHHIB/DII* 11/0/ 71/07 74/07 HO/ 1 H/K IV® IW m/V M 7 KV IW ll«l •BK/J791 lIV X.V fl/V
      1,086 words
    • 453 25 -i°L_ 3?- -M- J*L JjjL JgL J*_ vssa wr sw kg m UTC WOM6MW6 2WH 2Q/7 21/7 24/7 p/7 »/7 VI HYUNDAI SRMTB 07fS H/7 24/7 21/7 31/7 31/7 VI MTC KEEUIW6 210N 24/7 25/7 21/7 31/7 2/1 i/l AOtSAPtA OOSM 20/7 24/7 21/7 mtcuum 2io> hi/7 i/i y» 7/1
      453 words

  • Page 26 Advertisements
    • 646 26 HMtW* HYUNDAI MERCHANT MARINE CO., LTD. a wo. laotTHdooow |mm wr sm i«m|iw m |w| Myroa m sow mi w m mm m TBT mmmS !!S u/5 2/2 ,l/f7 is/M wii *n—— lviw 11/07 04/00 M/M 07/01 AFICOtM lOK 24/00 M/ftfc M/tt 11/iy ■aJWOMMa 44JW 14/47 M/M 10/* M/M M/M
      646 words
    • 395 26 *AM HA! LINES INTRODUCING: NEW WEEKLY EXPRESS SERVICE >Aqaba HHI Weekly Express Tuesday sailing For more details, call HOTLINE: 1800-*****00 or *****588 m m *a ASUOKBS USA Jt/17 |«/»7 M/ 17 IM* «I/M M/ 07 »S/M #7/« I ■JJJ JJfi urn Wrn mm ti/m n/m h/m I SSiucTW s**® "»/*7
      395 words
    • 515 26 Ill® asa WEEKLY EXPRESS SAMJMG SCHEDULE ALSO ACCEPTING TO ALL MOWTHERM AMO NjESTERR ICO WWTS 11 wssa wr m |rjM»|q»aMolfcawa |o—o no Mien m it* mm 175 ia I wwn nm is* ni 11 "ITS im II timwi soiiw m mm nm. ITm Tm mbnmb mm nm jim tm im
      515 words

  • Page 27 Advertisements
    • 1055 27 [WM* VOY KHH HKO «N POtt DXB »AI DMM MK M.V. UND4MIA PCL-264 16/07 17/07 20/07 21/07 20/07 29/07 31/07 02/00 ■AN KKMAN Ki-209 23/07 24/07 27/07 20/07 04/00 05/00 0700 09/03 ■AN ISFAHAN Pa-270 30/07 31/07 03/03 04/00 11/00 12/00 10/00 13/00 ■AN HOOMOZOAN PCL-271 06/03 07/00 10/03 11/00
      1,055 words
    • 451 27 UK CONTINENT SERVICE Loadkiglor OCEAN OLYMPIC ROM/A TW/BMNAJK/NAN STARLING RDM/ATW/BMNAJKA4AN LoUt hrtcnwh MIDDLE-EAST SERVCE loadnglor ASPILOS JDH/AQA/DMT FAVORTTA DBt/ABU/DOH/BRN/DMM/KWT AGIOS NECTARM3S D6I/ABU/DOH/BRN/DMM/KWT TRADER DBl/ABU/DOH/BRN/DMM/KWT PETROSR ADN/HDO/JDH/AQA ORHAN EKINCI DMT/JDM/AQA Xoadi E7W. Mtfayab, Inrlone—i USA SERViCI Urihgkr ANGARA CAM/NFK/SAV/NOC ATLANTIC FORTUNE CAMA#X«AV/NOL STAR CHASER MZL/LAX/VCW "Urn* E7W. Worw* F.E./S.EJL SERVICES S*por»
      451 words
    • 496 27 iipp m l&T 1 1 388 I »8 SXh -S3E Sfi-HKH —ffl SB JUL saw wsa oh M mcwn mtu ror nmc \_nm___i_ I*m n/m nm mm Pyl *W» WIIM 711-TV 113 oiMU *11 r_ I*] -"o*3 j—tl I 741-341 It wmajprmmm t SSI-317 4S, Mt 3B 731-707 791 |««kaM
      496 words

  • Page 28 Advertisements
    • 106 28 L^ KY WALINE *T MB E—— talp— KMW IhA Kmtm M^vr* Nsirao oi9E 20/07 02/08 omit 13/Q8 15/08 17/08 Nturon 019E 20/07 07/08 14/08 15/08 ±*2K2D .PI9E "***** 24/08 ~0f709~ "***** "***** Noiwm 019E 20/07 30/07 09/08 10/08 12/08 14/08 Deiro IO2OE I 27/071 07/08 1 14/Ofl I )5/oBi vm
      106 words
    • 166 28 CWT GLOBEUNK PTE LTD WEEKLY DIRECT GROUPAGE SERVICE TO CENTRAL SOUTH AMERICA MANZANILLOIMEXICO BUENAVENTURA/COLOMBIA MONTEVIDEO/URUGUAY SANTOS/BRAZIL VALPARAISO/CHILE BUENOS AIRES/ARGENTINA For •nqulrl**lbooklngs. pitas* call *****177 THANK rOU FPU USING CWT OLOtCLIMK Tis TOKO LINE IMON *****5 KIQUIAR MOKO/COffVINnONAL SiKVICi FAX IB T A r w 1 iK ITO IWW pmm_| ggfc
      166 words
    • 18 28 HiMii /V 1 KEEP UP TO DATE ON TRENDS WITH THE LINER SCENE FORTNICHTLY ON MONDAYS Shipping Times
      18 words
    • 220 28 MYANMA \m FIVE STAR UNE 1 rr r«rt r lU,) z s m r MfiMl V3MW SU M MAUTUA: KNKTUB SMPPMG MCMOfS OIL 03-*****3 M PtL 03-3170*101 Kfc 04-*****02 M BANK line (A wnritt tl tatnw Wtk SMpphj) VT WOKTWOUND TO fUKOpT" V RORQt WU 4 ffAVYUFTS VBSa m MM
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  • Page 31 Miscellaneous
    • 141 31 jiBCTr y I t I jTj I > < *jl'v i it y)3^Pj^QjLi'■ Jry LEGEND: Issued by Meteorological Services Division,'NEA K Thunderstorm Showers y^\ ain T w7^o' r Ure C Q Wind direction and speed in knots Cloudy Day Weather w x Hazy Wind speed symbols Sea Conditions O Full
      141 words