The Business Times, 23 June 2003

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Total Pages: 26
1 26 The Business Times
  • 15 1 THE BUSINESS TIMES MiTA (P) 024/03/2003 Internet h'tn.//business-times.asial .com.sg SINGAPORE MONDAY JUNE 23 2003 85*
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  • 744 1  -  They believe markets will continue to rise but at a moderate pace From Andrew Marks in New York ANALYSTS are wary of a short-term pull-back on Wall Street but believe second quarter earnings will be solid enough to sustain the rally.
    744 words
  • 62 1 Week Change STI 1519.16 +39.86 KLSECOMP 682.44 -7.50 NIKKEI 225 *****9 +139.75 HANG SENG *****1 >74.67 SET INDEX ***** +24.69 JAKARTA COMP .511.45 +0.97 MANILA COMP 1240.68 +49.62 TAIPEI WPI 5002.58 +120.68 SEOUL COMP ***** +20.98 SHENZHEN B 220.65 -119 Al'STALLORD .*****0 +1.80 DOW JONES 9200.75 +83.63 NASDAQ 1644.72
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  • 78 1 FOREX RATES |)S$ s$ ISS (SS per I'SS) 1.736 £(I'S$/SS per 1.678 1913 EIR0(1S$/S$/E). 1.169 ±(J30 YEN 118.4 68.20 RM 3.800 1189 HKS 7.799 4.493 BAHT 41.59 23. 96 RIT1AH 8136 1744 RENMINBI 8199 4.781 INDIAN Rl PEE 4654 26.81 AS 1.488 0.857 NZ$ 1.706 0.983 PRIME RATES SINGAPORE*
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  • 593 1  -  Capita Land gives np reserve shares to satisfy demand By Vince Chong [SINGAPORE] New shares of Capita Mall Trust (CMT), Singapore's first property trust, have sold out like hot cakes. Investors snapped up more than $128 million worth of CMT shares during a capital-raising exercise
    593 words
  • 476 1  -  No scope seen for competition on mobile rates By Vince Chong [SINGAPORE] Mobile phone operators do not expect any significant business impact from the fact that consumers will soon be able to switch their mobile numbers from one operator to another without
    476 words
  • 547 1  -  BTiamilHUiJ JTC designates Wessex Estate as test-bed By Samuel Ee [SINGAPORE] Personal transporters may soon be a reality in Singapore and not just science fiction fantasy. JTC is planning to test models such as motorised scooters and electric trikes at one-north, the upcoming
    AFP  -  547 words
  • Page 1 Advertisements
    • 29 1 BIZIT Storage set to Will Maiuiitur's spring back in Singapore PAGE M swan son;; go unheeded? How Nokia plans to win the Asia-Pacific H market "PAGE 15 8 IP
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    • 77 1 Hook Lock Stew: Will Capita Mall Trust meet boldforecasts?, Pg 8 '•f*'"'"''**' r *"r" I' fi- 5 'Jmiffll' > J '*•%> *>,'& I" *"ii> IffPM($*.'• 4 iv r j-M- y i ,w^R>, i,- ,v > j£ A.--T 'Sv r <ht l k -jL *;<? /;> ggMgKjW j-i, s 4 r^^fpf
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  • NEXT page
    • 586 2  -  USslb fond will boy quasi-sovereign and sovereign US$ bonds in the region Frorr Anthony Rowley in Tokyo PLANS for a regional bond market to allow Asia's huge savings to flow directly into Asian investments instead of being routed via Western
      586 words
    • 538 2  -  Sector completely freed op for 100% foreign ownership From Eddie Toh in Kuala Lumpur IN a surprise move, the Malaysian government has opened up its manufacturing sector completely to foreigners in the face of dwindling long-term capital and difficulties in its political and
      538 words
    • 600 2  -  First visit in 10 years seen boosting bilateral commerce From Ajoy Sem in New Delhi INDIAN Prime Minister Atal Bihari Vajpayee's trip to China, which kicked off yesterday, is likely to significantly boost trade between the two countries which plunged after a border
      AFP  -  600 words
    • 371 2  -  By Vince Chong [SINGAPORE] There is cause for more optimism in the second half of the year, now that the US economy is picking up, says Deputy Prime Minister Lee Hsien Loong. Speaking to reporters during a walkabout at Mountbatten yesterday, Mr Lee
      371 words
  • Page 2 Advertisements

  • SINGAPORE companies
    • 550 3  -  It'll be oat today to challenge DBS' floating-rate '1-2-3 package', say industry sources By Siow Li Sen IF you're about to sign a home loan, you might just want to hold your horses. United Overseas Bank (UOB) is expected to challenge
      550 words
    • 640 3  -  HncKll.UW vince chong CAPITAMALL Trust's (CMT) latest sale of new shares is turning out to be the Harry Potter of the stock market, with demand by institutional investors exceeding supply by 28 times. The hot stock of the day attracted investible funds of more
      640 words
    • 777 6  -  It ventures into financial services after buying 28% stake in JAS6 By] Michelle Quah BRUISED and battered but undefeated by the dotcom crash, Wizoffice.com Ltd is giving itself a new lease of life. It has all but said goodbye to its old
      ARTHUR LEE  -  777 words
    • 557 6 tfmnn b Mi N) NfWD Ik M Pm <d» <M> d—» 10k) Mb da, We I 3 Ota 1 <n '6-h#- ihj uan&Hb I 430 IIwuc (rn M»OirmoOc tax a-«* »-A* »M b irtor* W-M IVM »y »">"<*»» b 040 >; A» I7-A#» C3M MHT«h10c t lUO r?**
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    • 126 6 INDONESIAN-LINKED engineering and construction firm L&M Group Investments on Saturday said John Ong Kee Yoo has "voluntarily resigned" as director of the company and all its subsidiaries at which he is a director, with immediate effect. Mr Ong's departure comes a week after the company said
      126 words
    • COMPANY Briefs
      • 129 6 THREE substantial shareholders of Llndeteves- Jacoberg Ltd have placed out a combined 11.47 per cent of the company's share capital, the board of directors announced. It said on Satruday that it has just been Informed by G15 Investment Holdings Pte Ltd. Lim Say Hui and
        129 words
      • 135 6 MAE Engineering Ltd reported a loss of $27.6 million for the 15 months ended March 31. compared to losses of $22.5 million for the year ended Dec 31.2002 and (5.1 million for the first three months of this year. It said it lost
        135 words
  • Page 3 Advertisements
    • 7 3 C.A.T.S. Buy It. SeU It. Find It.
      7 words
    • 493 3 NOKIA Connecting People JAMES COLE With state-of-the-art business software that you can download, your Nokia phone is now the business centre that goes everywhere with you. The Nokia 6610, 6800, 7250 and 7650 support features that mean business. Visit www.softwaremarket.nokia.com to download all the software you need to put business
      493 words

  • SINGAPORE markets
    • Article, Illustration
      324 4 OTHER SINGAPORE INDICES Jun 20 VALUE CLOSE ■TOOTS 143.00 70.00 BTCAM -*****.00 +7.00 BT 10-day MA -*****.00 +14.00 AH-SGEquKiM 409.02 -1.58 SG Equities Etoct 143.94 +1.21 SG Equities Fin 1303.46 +4.81 SG Equities Prop 382.10 -2.47 MSCt Sitigaparo 189.05 -0.33 SMSaFMtww 190.30 +1.90 Stocks Yahm Sinomem Tech 2c 212,735,000 Goldtron
      324 words
    • 308 4  -  HOT STOCK/ WARRANT By R Sivanithy THERE'S no denying the appeal of the laggard theme time and again in the past we've seen traders pile into a market or counter because suddenly, everyone realises that it hasn't moved as much as its
      308 words
    • 834 4  -  STOCKS r. sivanithy IT'S summertime, and the livin' is easy. Just ask fund managers and stockbrokers, who may be loathe to breathe the "sell" word under any circumstances but are never at a loss when it comes to uttering the "buy" word all are in
      834 words
    • 875 4 AFP [HONG KONG] The Japanese yen lost ground against the greenback during the past week although other Asian currencies rose ahead of an expected cut in US interest rates. The Australian dollar in particular is expected to strengthen sharply with the
      AFP  -  875 words
  • 3560 4 UNIT TRUSTS FUNDS Com Global Irrfotec Index Fd!** 0.31/ Com Global Energy index Fd 0 878/ Com Global Travel Index Fd 0 694/ 0 659/ C°" S 1.108/ Star Europe Bd 1311/ Cr«« Agricota «M Mgt Spore Ltd Star Europe Bal 0.97/ Indocam Am Vision!** 0.8/0.841 Star Asian Tiger Eqty
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  • Page 5 Advertisements
    • 46 5 t*C3 v i i?&ip IffP 338 f entrepolis \t \..i i alohatlv connected ent entrepolis minds from companies enl hub attracting tern for talent innovation, em sis <°- eM h I in today s world. .\iary en "JSg£T-- t i' 1 I I n 11 i!^ *TJj
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  • Page 6 Advertisements
    • 1974 6 Notices Attmrotvur Trodikonol Indonesian BotVChmo Cloths in huge quantities 2 Prestigious Magazines Tilted "East' "Shopping" Office Telephone Equipment. Furniture Computet Equipment etc 2 Vibro Hammer 3 lames aoamuMLiniMiiia 6 storey warehouse TOl Seng Or. land Ami 8969 sq m, GFA ***** sqm Bungalow Namhr Crescent, w/pool, corporch etc Fir Area
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    • 468 6 INDUSTRIAL BUILDINGS FOR SALE Salient features: 2 blocks (one with basement car-park) 7 stories each Freehold Site area 12,607 sq. m. Located along Genting Lane For more information, please contact: The Judicial Managers do Ernst Young 10 Collyer Quay #21-01 Ocean Building Singapore *****5 Fax: (65) 6534 1079 Interested parties
      468 words
    • 348 6 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF CHUAN A COMPANY PTE. LTD. (In Creditors' Voluntary Liquidation) FINAL MEETING NOTICE IS HEREBY GIVEN that a Final Meeting of the Company and the Creditors will be held on 30 July 2003 at No. 1 Sophia
      348 words

  • SINGAPORE news
    • 522 7  -  The Global Soul was left unwoven at the Singapore Arts Festival, says PARVATHINAYAR PARVATHI NAYAR ONG Keng Sen's latest work The Global Soul is a mood-performance about multicultural travel. To imagine its experience, think of a performative equivalent of a curated show of
      522 words
    • 259 7  -  By. Anna Teo THE recent mild uptrend in consumer prices is expected to have eased somewhat in May, with the inflation rate likely to dip slightly to 0.6 per cent. The consumer price index (CPI) rose by 0.9 per cent in
      259 words
    • 327 7  -  MAILI.M.M Alamelu Subramaniam Corporate Communications Manager Ministry of Trade Industry I REFER to the letter (BT, June 16) by Ho Swee Huat, headlined "Govt must set up a specialist bank to help SMEs". We agree with the writer that SMEs generally have
      327 words
  • Page 7 Advertisements
    • 154 7 i SJ i. f when you fly with us this summer if IV I 1 Ami v ■Kf i iiiliritr A ly I •itiiirmi Don't miss out on free accommodation with our fantastic worldwide summer offer: /Vj Js Fly First Class and get 2 nights free 5 star hotel accommodation.
      154 words

  • REGIONAL news
    • 157 8 JAKARTA Reuters THE Indonesian government's initial public offering of 10 per cent of Bank Mandiri, Indonesia's biggest equity issue since Asia's 1997/1998 financial crisis, was more than three times oversubscribed, a government official said yesterday. The government, which currently owns 100 per cent of
      Reuters  -  157 words
    • 140 8 BEIJING AFP PARKSON Group, a general merchandise and chainstore giant from Malaysia, will open three new shops in Beijing, state press said yesterday. Lou Kim Tuan, regional general manager of Parkson Group for Northern China operations, said the company was selecting sites
      AFP  -  140 words
    • 703 8  -  KL STOCKS He's more likely to achieve success on the political front eddie toh Malaysian Prime Minister Mahathir Mohamad certainly does not appear like a leader who will leave office with unfinished business. After over two decades in office, the premier continues to
      703 words
    • 289 8 MANILA Bloomberg THE Philippines plans to stop forging an economic programme with the International Monetary Fund after the current one expires in November, President Gloria Arroyo said. "We are aiming to graduate from the IMF this year." Ms Arroyo said. The
      Bloomberg  -  289 words
    • NOTE Book
      • 73 8 AP [HONG KONG] The World Health Organization is set to declare Hong Kong's Sars epidemic under control today, with 20 days having passed since the last confirmed case was isolated in a hospital, a spokesman said. Hong Kong will be removed from the
        AP  -  73 words
      • 72 8 AP [TOKYO] Indonesian President Megawati Sukarnoputri arrived yesterday for a four-day visit that may include talks on a possible free-trade accord and Japanese help in curbing rampant illegal logging in Indonesia, officials said. Ms Megawati's second visit to Japan as president will include meetings
        AP  -  72 words
      • 79 8 Bloomberg [WASHINGTON! The World Trade Organization rejected a complaint brought by India that the US was unfairly protecting its own industry in the US$2.6 billion textile trade between the nations, US Trade Representative Robert Zoellick said on Friday. India had challenged the way the
        Bloomberg  -  79 words
      • 71 8 Reuters [HOUSTON] Pertamina, the Indonesian state oil company, on Friday said a US appeals court lifted an injunction blocking its efforts to overturn a US$26l million arbitration award over a suspended power project. Pertamina said the US Fifth Circuit Court of Appeals vacated a
        Reuters  -  71 words
    • 500 9 BANGKOK Analysts say the saga raises doubts over Thailand's efforts to reform AFP THE sorry saga of Thailand's largest corporate debtor, Thai Petrochemical Industry (TPI), has raised new doubts about the nation's legal system and commitment to reform after a controversial court ruling put its
      AFP  -  500 words
    • 222 9 BEIJING AFP [BEIJING] China plans to build six new cities in the Pearl River Delta area of southern Guangdong province, the so called "workshop of the world", state press reported yesterday. Each of the cities in the province will house
      AFP  -  222 words
    • 159 9 SHANGHAI Reuters ALBATRONICS Co Ltd, a firm linked to embattled Chinese mogul Zhou Zhengyi, has called off a share issue after just one company director attended a key shareholders' meeting, a state newspaper said last Saturday. The official Shanghai Securities News said just
      Reuters  -  159 words
    • 463 10 HONGKONG Taiwan top destination; tech stocks most sought after Reuters GLOBAL investors are looking to Asian equities once more, with stocks in the United States and Europe viewed as overvalued while Asia looks cheap. Foreign funds have been flowing into regional stock
      Reuters  -  463 words
    • 424 10 SINGAPORE Bloomberg THE initial public offer of Maruti Udyog Ltd, India's largest carmaker, landed the cash-strapped government a fifth more money than it asked, paving the way for a first budget deficit reduction in three years, investors and analysts said. The government
      Bloomberg; REUTERS  -  424 words
    • 862 10 COMMODITY Weeklyßoundup AFP [LONDON] Gold prices rose over a turbulent week dominated by varying news on the health of the US economy, while oil remained steady as Iraq prepared to ship its first crude exports since the removal of Saddam
      AFP  -  862 words
  • Page 8 Advertisements
    • 181 8 Following the restructuring of the company, Wizoffice.com Ltd is now Japan Asia Limited The change in name represents the company's new mission as an investment holding entity focused on the financial services industry in Asia. With effect from today, 23 June 2003, it will be traded on the Singapore Exchange
      181 words
    • 96 8 ■Sfck IP.>^•> uM 3.» •<., v i&jj When you wont o p*rf*ct start ta th« r*t« of your IN*, leave It to fhe expertil Call our HOTLINE 4414 1033 ta tpoak ta our Wedding Planner* and find out how you eon have a perfect wedding celebration right herel Heavenly Mm
      96 words
    • 110 8 Mariners' Comer Seafood fr Steak Restaurant Treat yourself to a very special lunch or dinner sample the seafood delights or meaty masterpieces prepared in traditional Western or Oriental style. Succulent grilled Norwegian Salmon, Spicy King Prawns. Prawn and scallop Brochettes, Air-flown New Zealand Steaks, Gniied Fillet of Ikan Kurau, Rock
      110 words
    • 74 8 ~Ej $5.80 Nett Per Item YE With FREE Chore ot One Cortee/Ie a/Son Drinks or Chtn Chow Oyako Don (Chicken Egg with Rice) Penang Fried Kway Teow Slice Fish Hor Fun Hainanese Mutton Stew Saut6ed Chicken with Chinese Sausage It's Time All Day Miig#s4.oo nett each Jur#sls.oo nett each 11*41
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    • 67 8 IMERITUS MANDARIN SINGAPORET TRIPLE 3 REOPENS! 24June 2003 The cozy restaurant is set to tantalize your palate with its amazing spread of international buffet favourites. LUNCH $41.80' (Adult) $24.80* (Child) < DINNER < $50.00' (Adult) $30.00* (Child) _S_ Reservations: 6831 6271/88 Prices are subject to 10% irvict charge and prevailing
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  • Page 9 Advertisements
    • 1854 9 lb advertise call toll-free 1800 289 8822 Email: notkes@sph-com.sg IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF ALPHA-OMEGA CAPITAL INCORPORATED PTE LTD (IN MEMBERS' VOLUNTARY WINDING UP) At on Extraordinary General Meeting of the abovenamed Company held at DreikonigStr. 8, CH-8022 Zurich, Switzerland on
      1,854 words
    • 1547 9 II Apn Banca Intesa S.p.A I I Registered Office: Piazza Paolo Ferrari, 10-***** Milano, Italy I I CONSOLIDATED BALANCE SHEET CONSOLIDATED STATEMENT OF INCOME AS OF DECEMBER 31,2002 AS OF DECEMBER 31,2002 I I (in millions of Euro) (in millions of Euro) I I 31.12.2002 31.12.2001 31.12.2002 31.12.2001 I ASSETS
      1,547 words

  • 1150 10 FINANCE COMMODITIES Week ended: Jun 20 SDfQAPOBE QOTBBMMEMT SECURITIES DfDICATIVE PRICES AMP YIELDS Me# We* TfCwp- Mitftty CY T M K Ofltf TiwCwhb Mfrttr C«t T T M H 0*Hr SYR 5.125 1-Sep-03 N*****1X 0.69% 0.435% 100.84 100.89 5-YR 1.500 1-Apr-08 N*****0S 1.32% 1.31% 100.83 100.88 5 YR 3.500 l-Feb-04
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  • Page 10 Advertisements
    • 433 10 liilijifc MANAGING CUSTOMERS' COMPLAINTS SERVICE RECOVERY Conducted by: PROF BO EDVARDSSON I DIRECTOR OF SERVICE RESEARCH CENTRE SWEDEN 30th June 2003 Holiday Inn Park View Singapore Sam spm S$ 490 nett 3rd July 2003 Holiday Inn Park View Singapore 9am 5pm 4 S$ 490 nett COURSE CONTENT: Managing Customers' Complaints
      433 words

  • WORLD news
    • 750 11 NEW YORK With economy on an upswing, it will only add unnecessary fuel to the fire NYT WHY mess with a good thing? Based on statistics from financial markets, investors seem pretty sure that the Federal
      NYT  -  750 words
    • 510 11 WASHINGTON AP WHEN Federal Reserve chairman Alan Greenspan speaks, markets listen unless he's talking about the stock market. That's the conclusion of a Fed study released on Friday that sought to quantify how much impact Mr Greenspan's comments and the official statements of
      AP  -  510 words
    • 351 11 LONDON AFP Bloomberg VIRGIN Atlantic boss Richard Branson yesterday upped the stakes in his high-profile attempt to keep Concorde flying by offering British Airways £1 million (552.9 million) for each of the company's five needlenosed plane. Earlier Mr Branson offered
      AFP; Bloomberg  -  351 words
    • 585 12 BERLIN Tougher checks on customers in high-risk businesses, ban on shell banks mooted Reuters AFP THE world body leading the fight against money laundering agreed new rules on Friday to sharpen its attack on dirty money and terror finance, boosting
      Reuters; AFP  -  585 words
    • 324 12 ANKARA Blast delays pumping of country's oil to Turkey Reuters AFP Bloomberg THE first loading of Iraqi oil since the US-led war on Iraq took place yesterday from stocks held at the Turkish port of Ceyhan, the Anatolia news agency reported. A
      Reuters; AFP; Bloomberg  -  324 words
    • 378 12 AP [NEW YORK] The topic of a possible CNN sale is bubbling up again in financial circles. The talk was fed by word that President Mel Karmazin of Viacom Inc, which owns CBS, had told a group of advertising executives on Wednesday that
      AP  -  378 words
    • 398 12 NEW YORK Reuters LARGE US companies are running a record high deficit in their employee pension plans, yet many are still boosting profit with illusory pension gains, according to a research report by investment bank ÜBS. Retiring employees aren't likely to lose benefits, but shareholders
      Reuters  -  398 words
    • 505 13  -  Deluxe Browns Hotel was formerly owned by Forte's family Prorri. Neil Behrmann m London IN a remarkable comeback at the prestigious end of the London hotel business, the charismatic Rocco Forte has bought Browns Hotel from Raffles Holdings. The £51.5
      505 words
  • 1646 11 S1C0M FUTURES Jun20 RUBBER Futures (Ctosioq prices) RSS1 (S centsAg) Close Volume Open Month High Low Sett (towns) Interest Jul 03 175.50 Auq 03 170.75 Sep 03 164.00 Oct/Dec 03 160.00 RSS 3 (US cents/kg) Volume Open Month High Low Sett (tonnes) Interest JuTto moo 9*00 9975 500 3050
    1,646 words
  • Page 11 Advertisements
    • 81 11 Wine and Accessories 1., Closing Down Sale V y Offer Valid till 3 O June ZOO 3 or iv/i//e stock last venue I I 491 River Valley Point 252 North Bridge Road #01-12 Valley Point #03-27 A Raffles City (former F&N Building) Shopping Centre Tel: 6738 5670 next t0 Somerset
      81 words

  • 1092 12 Compiled by Thomson Financial I/B/E/S The stock recommendation is the average of all the recommendations submitted RECOMMENDATION FORECAST by analysts following the stock. There is a total of 29 brokers submitting recom- COMPANY NAME THIS WEEK LAST WEEK EPS (C) PE (times) mendattons but not every stock ie
    1,092 words
  • 750 12 Week ended: Jun 20 t qim o—i x— a— omm Mmik 143 \0X COW IMfMik 0 V. }OK -OCX) cat 353 oao «mo oac di iabo C«MUna hi IMC out cut mo OwiSmCaidJfe OS CMS VW««HS( 04S 0.7*5 4W10 CJ*0«vA IB 4?« OH *KC»-« feod MKHt a27 0*9 «a«ti
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  • 579 12 BONDS WARRANTS Prwa Expiry Last Vol Com Ei« Mk Gear Mtfcs Company Sato TOM) toflo Prtto lag Loft ASTIW*****1 is 1 16 36 2-54 12 Acma Ltd VMM1116 t.S unch 55 1 SO 442 6.33 17 Amtek W*****0 68 1 151 1 33 2 1.46 24 Armstrong W*****0 3.5 -0.5
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  • 336 13 Sl-Wh Last Vol Wart LaHQuot* GrfMv Mv GrTM MM MCjs W#i U» Canaan? Mt w- [*8M) Hjfli law tm/m Sdhi Cw W1 Sail 153 11 A VJenningj A25c AlSlcd «4 117« 153 149 150 151 40 3.4 6 6 8 8 325 Cathay Pac 20c MK720 265 2.1
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  • Page 13 Miscellaneous
    • 194 13 CRYPTIC CROSSWORD 24 Month at university allowed to be shortened a number of 7 Yankee Doodle had some- Across: 1 Delicate, 5 Demand, times (7) thing to be proud of (7,2,3,3) 9 Outlined, 10 Stolen, 12 Precis, □Own 8 We,sh ctothier? (7) 13 Contract, 15 Tautest, 16 1 run k
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  • BizIT
    • 917 14  -  BTlJ'miUL'id The SAN, NAS market is ready to recover as companies invest more on beefing up both storage and the software to manage it reports Rqju Chellam Raju Chellam After two consecutive years of stagnation, large companies and government organisations in Singapore are
      917 words
    • ITTAKES
      • 77 14 SIEBEL Systems Inc said OCBC Bank has managed to save more than USS2.3 million a year after implementing Siebel Finance in September 2000. "OCBC Bank realised these savings by using Siebel eBusiness Applications to automate and streamline critical business processes such as customer referrals, information retrieval,
        77 words
      • 54 14 DATACRAFT Asia has won an Internet banking system integration contract from BankThaL The Datacraft solution was selected ahead of proposals from Accenture, BearingPoint IBM and Unisys, the company said. The Internet banking solution will give BankThai customers 24-hour online access to corporate cash management, trade finance
        54 words
      • 46 14 HOMEGROWN System Access said Tunisia's privately-owned Amen Bank will use System Access' Symbols banking software suite to run the bank's entire banking operations. The solution will cover customer delivery. CRM. processing of deposits, loans, trade finance and treasury, and other apps.
        46 words
      • 34 14 GENOVATE Solutions Pte Ltd has appointed Yeo Kay Boon as regional director for Genovate's SAP practice. Mr Yeo was previously country manager for Singapore and the Philippines with Stratus Technologies Inc.
        34 words
      • 36 14 THE Asia-Pacific Server Vis ion 2003 Conference will be held at the Ritz-Carlton Millennia on July 1. The theme is "Planning to succeed". It is organised by IDC Asia-Pacific. For details, visit www.idc.com.sg/server2003.
        36 words
      • 32 14 A TWO-DAY workshop on "ActionScript Works 2003" will be held at The Amara Hotel from July 3. It is organised by Asia Events. For details, e-mail events&asiaevents. com sg.
        32 words
      • 32 14  -  Compiled by Raju Chellam THE Enterprise Security Conference 2003 will be held at The Oriental Singapore on July 23. It is organised by Asia Events. For details, e-mail events@asiaevents.com.sg.
        32 words
    • 876 15  -  It will release details on low cost phones and other initiatives for the region by year-end Reports tn, Tang Weng Fai in Helsinki Finnish mobile phone giant Nokia Oyj is betting on lowering total costs of ownership for its handphones and smart
      876 words
    • 418 15 Nokia's latest devices target developers and enterprise customers FINLAND-BASED mobile phone maker launched seven new products last week with a renewed commitment to change their phones from the standalone devices they now are to new platforms for third party developer innovation and enterprise networks. Among
      418 words
    • 394 15  -  By Leonard Lim UNDERLINING a growing trend, leading printing solutions providers Lexmark International and Epson both launched photo quality printers with direct-print capabilities last week. The Lexmark P707 al- lows users to plug six different camera card types straight into the printer for quick
      394 words
    • 597 15  -  Oracle-PeopleSoft battle a distracting 'drama' for main players, he says Prom Jennifer Lien in Redmond, Washington DONT hold your breath for Microsoft Corp to jump into the Oracle-PeopleSoft fray, says Microsoft chief executive Steve Ballmer. Speaking with US-based international correspondents at his company's
      FILE PHOTO  -  597 words
    • 239 15 Reuters [SAN FRANCISCO] Sun Microsystems Inc, looking to poach customers from a rival in a weak market for server computers, said last week it had begun contacting companies that may be worried about a legal challenge to IBM's rights to the Unix operating
      Reuters  -  239 words
  • Page 14 Advertisements
    • 97 14 Feature rich telephone line NBX* Networked Telephony Select NBX networked telephony systems from 3Com to implement features such as voice mail, auto attendant and CTI in your business. Consolidate voice and e-mail with unique unified messaging. Build call centres easily and flexibly with the Call Centre Manager module. We've designed
      97 words

  • Page 15 Advertisements
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  • Page 16 Advertisements
    • 370 16 I I.' See real savings with our interest-free payment plan*. t. 91 J P 4 vr t 1 i 0 downpayment 0% interest for the first 90 days 0 payment for 90 days 7* "f 4 r > T f i wf Jw In an unpredictable environment, our interest-free payment
      370 words

  • SHIPPING TIMES
    • 294 17 Contributed by Simpson Spence Young The modern Aframax Tanker Pacific Libra (106,000/99) has been reported sold last week to clients of DVB Bank at around US$33 million. There have been a number of handy bulkers reported sold, including a couple into China. WTTT.IT niBPICTfI. Leviathan: 160,993 Tdw Bit
      Contributed by Simpson Spence & Young  -  294 words
    • 272 17 MX '000 jwzo y* CWT Distribution 0.61 unch 372 Chuan Hup 0.41 unch 694 CM Offshore 0.20 -0.01 139 Cosco Investment _..0.26 -0.00 1770 Freight Links 0.05 -0.01 58 08 Holdings 0.68 -0.01 65 J*ya Holdings 0.34 unch 303 K*pp*ICorp 4.94 0.12 5162 K1 Venture 0.20 0.01 982
      272 words
    • 598 17  -  Move may backfire and lead to lower quality standards, says Intertanko By Beth Jinks [SINGAPORE] Younger age limits for tankers proposed by the European Union could backfire as a safety initiative and lower quality standards rather than raise them, the International
      FILE PHOTO  -  598 words
    • 329 17 More orders will help it torn around from 3 yrs of losses Bloomberg [ULSAN, South Korea] Hyundai Heavy Industries Co, the world's biggest shipbuilder, will post a profit this year, following three years of losses, as it wins more orders, said co-chief
      Bloomberg; FILE PHOTO  -  329 words
    • 181 17  -  Explosion in another ship daring ship-to-ship transfer cited Donald Urqahart [SINGAPORE] A VLCC (very large crude carrier) managed by Singapore's World-Wide Shipping Managers sustained minor damage last week after the vessel it was conducting a ship-to-ship transfer with exploded. The explosion occurred just
      181 words
    • 168 17  -  Beth Jinks [SINGAPORE] The all-water route between Asia and the US East Coast is expected to get a boost from partnership agreements signed with tlje Panama Canal Authority (ACP) and seven major ports. By end-July, the ACP will sign memorandums of understanding with port
      168 words
    • 163 17 Xinhua [CHONGQING, China] Chinese authorities began an investigation on Saturday into a ship collision on the Yangtze River that left one person confirmed dead and 52 passengers still unaccounted for. An investigation team, headed by Shan Chunchang, deputy director of the State Administration of Work Safety,
      Xinhua; XINHUA  -  163 words
    • 294 17 It sees cargo traffic rising as Sri Lanka's economy recovers Reuters [COLOMBO] Colombo port wants to spend US$l.B billion to nearly triple containerhandling capacity by 2020 in view of a forecast rise in traffic as Sri Lanka's economy recovers after two decades
      Reuters  -  294 words
    • 102 17 AFP [DAKAR] Victims of Senegal's Joola ferry disaster, one of the worst disasters in maritime history, have rejected the government's latest compensation offer. The government offered five million CFA francs (5515,400) to families of victims and survivors who choose to accept the offer, but the
      AFP  -  102 words
    • 788 18  -  LINER SCENE -By David Hughes CONTAINER shipping lines were dismayed when, a couple of weeks ago, European Commission (EC) competition commissioner Mario Monti ruled out so-called discussion groups of liner operators. He also gave the impression that the lines were going
      FILE PHOTO  -  788 words
    • 201 18 PAGE Avant 6 B'tang Mas 5 BSA 4 BSC 6 BTL 6 Cargoways 6 CMACGM 3 COSCO 3 Chahaya 6 China Shpg 5 Confer 6 CWT Globelink ...4 Delmas 4 Dongnama 3 EIS 6 EP Carriers 6 ECL 3 Eng Lee 6 ESP Lines 4 Far Shpg
      201 words
    • 13445 23 THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Destn Seme Nam* Number Number SIN Dest'n Nam* Name Number NunMr 17/07 09/06 Kien Hunq CONTI BILBAO K3S 65-*****133 To' ABIDJAN (ABJ) 2003 Cot* D'I voire 18/07 n/06 nyk CONTI BILBAO 303S 65-*****123
      13,445 words
    • SHIPS IN PORT
      • 447 25 Vessel Voy No Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL CITRAHENDRI JUN21 J5 A/SIDE 22/06 0300 WINSTAR 7 52S03 J2/3 A/SIDE 22/06 0630 ZHONGYUANYU2 1/03 J8/9 A/SIDE 22/06 1700 ANTONIS 548 J15/16 22/06 1100 23/06 2300 SUTAI DENNIS J11 22/06 2100 25/06 2300 WESTERMOOR 002W J18/19 22/06 0300 22/06
        447 words
      • 2169 25 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vessel Out In Bth Berthing Un- Berth Name Voy Voy seq berthing Nmbr ACX DAHUA 063S 063S 1 24/*****3-07 00 *****0Q3 2000 104 ACX HIBISCUS 080N 080N 1 24/06/2003-0800 2*06/2003-2300 T06 A« MARIGOLD 001S 001S 1 22/*****3-18 30 *****003-0600 T03 ALAMJAYA 2 8850
        2,169 words
      • 137 25 Jan 24 Philippines: Manila Day. Jul 1 China: Communist Party. Hongkong: SAR Estab Day. Thailand: Bank Holiday. Jul 14 France: National Day. U Kingdom: Orangmen's Day. Jul 15 Brunei: Sultan Birthday. Thailand: Buddhist Lent Day. Jul 17 S Korea: Cons Day. Jul 20 Japan: Marine Day. Aug 1
        137 words
      • 819 25 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 based on averagesized stem Market movements are indi cated. The Cockett Bunker Price Index change and
        819 words
      • 559 25 Carton 180 Mai 992.2 0.3 1S.7 0.07 45 0.02 jun 19 Density Water Residue AshAluminiuiii Sediment No above E25 2 0 2 0 0 0 1 rTZ 380 Ave 986.3 02 Mi 0.05 22 0.02 Eiioo 380 Max 995.0 0.4 17.5 0.09 74 0.09 «wr] »A
        559 words
    • AIR & LAND transport
      • 663 26 The European group may pip Boeing as top civilian plane maker this year AFP [PARIS] European aircraft maker Airbus took off with the prize orders at the Paris Air Show last week, putting it well on track of its targets
        AFP; AP  -  663 words
      • 343 26 Airline is racing against the clock to avoid bankruptcy Reuters [MONTREAL] Air Canada's 12,000 machinists have reluctantly approved a job and pay cut agreement with the airline aimed at helping it avoid bankruptcy, the union said on Friday. Air Canada, the country's largest carrier
        Reuters; REUTERS  -  343 words
      • 180 26 AFP [KUALA LUMPUR] Malaysia Airlines will begin servicing the Kuching-Kota Kinabalu in East Malaysia to Balikpapan in Indonesia route early next month, it said on Friday. The carrier said it will operate twice-weekly flights between Kuching and Balikpapan from July 3
        AFP  -  180 words
      • 290 26 Outlook improving as airlines resume services Bloomberg [SYDNEY] Sydney airport, Australia's biggest, handled 18.5 per cent fewer international passengers in May than in the same period a year ago, as Sars concerns slowed traffic. Total passenger traffic at Sydney airport fell 3.4 per cent
        Bloomberg  -  290 words
      • 410 26 Bloomberg [BERLIN) Deutsche Lufthansa AG, Europe's thirdbiggest airline, is adding more flights to cities in Asia, the latest in a slew of carriers to restore services to the region as the threat from severe acute respiratory syndrome wanes. Lufthansa will fly
        Bloomberg  -  410 words
      • 135 26 AP [BANGKOK] Thai Airways announced on Friday an increase in flights starting July 1 on five routes that were previously cut back because of Sars and the war in Iraq. Passenger demand has begun to increase with the two crises over, the airline said in a
        AP  -  135 words
      • LOG Book
        • 54 26 AP [HONG KONG] A Dragonair flight from the Thai island resort of Phuket to Hong Kong made an emergency landing at the airport here on Saturday due to a problem with the plane's brakes, officials said yesterday. No one was injured. The Airbus 320 carried 148
          AP  -  54 words
        • 60 26 Reuters [LONDON] Virgin Atlantic Airways will make a last-ditch attempt this week to buy British Airways pic's five remaining Concorde aircraft, which are due to go out of service in October, several newspapers said yesterday. Virgin chairman Richard Branson is willing to pay £5
          Reuters  -  60 words
        • 49 26 Bernama [KUALA LUMPUR] Malaysia Airports Holdings Berhad (MAHB) has announced that PT Riau Airlines, a Riau government-owned airline, will start servicing Melaka from today. Riau Airlines will be flying on Mondays, Wednesdays, Fridays and Saturdays on the Pekan Baru-Melaka-Pekan Baru route. MAHB said.—Bernama
          Bernama  -  49 words
        • 67 26 Bloomberg [SINGAPORE] Singapore Aircraft Leasing Enterprise (SALE), one of the world's 10 largest plane-lessors by fleet size, said it won contracts to place three of its airliners with customers. Singapore Aircraft Leasing will lease Group SpA's low-fare division for five years and an Airbus
          Bloomberg  -  67 words
      • 1831 26 city flight n* rucm no Dtoka 8064 1625 6085 1745 i«4l4«* 6*7381 1840 8*73*2 2215 ***** 1940 or« m ofu in OHM ***** 0725 E*349 MX) kmttrtm 0*975 0855 *1638 2255 £*404 1405 EK405 0210 HJ3T 14SS E*4» 1935 EM" 0325 S0404 2325 Attaa* &0348 0100
        1,831 words
  • Page 17 Advertisements

  • Page 18 Advertisements
    • 863 18 I TO USA/CANADA I I EXPORT I I OTHER DESTINATIONS I Vissa |VOY PTO |fli{il|lONGBUflljPAUAS| HOUSTON [MEMPHIS |OBCACOj NEW YORK TO AUSTRALIA (AUSTRALIA ASIA EXPRESS) OOd CHINA 6X26 24/06 25/06 11/07 IVO7 11/07 14/07 16/07 19/07 Jygja VOY ETA SIN KG —ST"| —SS~T $yT1 —Ml AM PtONBXiOYDSIimESMIT 17E27 01/07 02/07
      863 words
    • 459 18 Lines services represented by „w MnWioffehgiftyol A<crji*) Shwng AgM. JW" U> 9" hC Snflopow Shipping AssocioHon m Association *v CONVENTIONAL CARGO PORT UANG/SMGtfOM/JAIARtt i lANGKOK vw ram. raw rami PrIMTM> lih OCOS 24 US J4K6 06.17 Maid Star SS»A Itt V 7 96.17 1417 LIU MARINE SERVIC ES SINGAPORE PW»
      459 words

  • Page 19 Advertisements
    • 1414 19 TO EUROPE FROM EUROPE Ivissa Ivors* git rmt anr ham Ntv sou ta iivesa iwiw w im w sai w awl HYUMMICONFRXNCE 302W 23/0605/07 11/07 13/07 15/07 09/07 ARCYPR* lift 05/0* 07/0* 04/ M 25/01 All PURL 117W26/06 16/07 11/0714/07 IKX UNHUC* *****4/06 06/06 07/06 01/06 25/06 MOL SOLUTION 013W
      1,414 words
    • 1450 19 HIIWIVWSV 'iwmiommnaßOi SINWOftK TO BUCK SU VU MKT SAID" Ot«SlA<tUbU*) 19 DAYS >0 wwiftoil t> *1 m Silß/KGS TtL447OS«S7/43 MWmm?nMHuLu m COSTAR SNIPPING FTE LTD ""f"*j™" 0 I COMSTAMTZA (ROMANIA) 23 OATS CMO: II7S7HOMM TR:4774 IHCHUM) Mmn<P/0) *****714 *****J11/41 I j/umatr mmshs iiusiu/u I tn JONorsoma: conventionai mmsmo *****201 I
      1,450 words
    • 552 19 VBSa _VOY_ SIN JKT HKG KHH lIK KYH PUS VESSEL VOY SIX JKT SUB HKG USD PUS IWC HYUWOAI YIADtVOSTOK 126S 2/7 5/7 10/7 11/7 14/7 11/7 14/7 KMTC PIISAW 310S t/7 0/7 10/7 lt/7 10/7 20/7 2t/7 HT PROGRESS QMS 9/7 12/7 17/7 18/7 21/7 23/7 23/7 KMTC SINGAPORE
      552 words

  • Page 20 Advertisements
    • 1209 20 HMAT-' HYUNDAI MERCHANT MARINE CO., LTD. HnifH" wwwj—3l-tw a NO. HOtyWOOOOH |vesa voy sw sou i« rim ant ham |wv [vessel vox sou ia| rtm ant ma orv TB* APL DENMARK WW 19/06 07/07 09/07 11/07 MOL PROWS 006E JO/OS Jl/0$ 34/05 17/0$ 17/* mol priority ootw to/m 11/07 11/07
      1,209 words
    • 1217 20 WAN HAI MTERNATIONAL PH LID a NOt 1«*****0M/R VTr.\ .Kill II AI TIL *****511 (14IMS) FAX:*****163 VKxWAN HAI LINES :£S2£!SSKU!SS3L. V JON«:W)SIWD ML WHlffll M IUI) »mn NUL Mil WJ7M/ DIIJOS L. WH. fWI) SIS4I® WL Oil) 5H4700 Wl W: 7IUOO/7IUOI ML *****1 ww.w—wi. t —OSmNOIHmUMfcNUHHWB/OMMW I I*?. I* I
      1,217 words
    • 199 20 r Y i—m El PERUSAHAAN PHAHSARANX" KALIMANTAN C I Pima WIIKLY SIKVICI TO 1 iUAKTA/PmiMANC/DUMAI I Owml »!f HW |«T Ir-M* |WAI 1 UOMAMttI M/« 3 n/M 11/17 H/V I I kkimuuh i H/ii M/*> WW T37JT MffIBUUWBE M/H W/B TI7TT IS/17 SURABAYA/PANJANG I 1 Vwml iVW ISW I SUB
      199 words
    • 680 20 BSfl x MYANMA BB FIVE STAR UNE (My tumor NatiMd Um) far Ym|m VESSEL VOT SIN PIL PEN PGU PAGAN 30iW SUI HPA-AN 307W SU> IN MALAYSIA: lOUSUAD SHIPPING AGENCIES KUL 03-*****300 PKU 03-*****101 PIN: 04-2****** BANK LINE (A MfTko »< km*r»m Wrir Slifpkj) I NOKTHBOUND TO EUROPE V CONTAINER,
      680 words

  • Page 21 Advertisements
    • 1286 21 I VESSEL VOY KHH HKO SIN I PKL I DXI PMM BMC IRAN ISFAHAN PCI 316 17/06 10/06 21/06 22/06 29/06 30/06 05/07 07/07 MIAN HORMOZOAN PCL 317 24/06 25/06 2S/06 29/06 06/07 07/07 13/07 15/07 IRAN TfHRAN PCL 318 01/07 02/07 05/07 06/07 13/07 14/07 20/07 22/07 UNDAVIA PCL
      1,286 words
    • 536 21 i k UK CONTINENT SERVICE Loackngfor GULSER ANA RDM/ATW/BMN/UK/NAN EVANGELISTRIA RDM/ATW/BMN/UK/NAN Loads Sngapore. E-/W. Indoneaa MIDDLE-EAST SERVICE Loading for MARILIS T DBI/ABU/DOH/BRN/DMM/KWT J SAFE DBI/ABU/DOH/BRN/DMM/KWT LOK MAHESHWARI JDH/AQA PAN BRIGHT ADN/HDO/JDH/AQA APJ ANJLI DBI/ABU/DOH/BRN/DMM/KWT "Loads Singapore. E7W. Malaysia. Indonesia USA SERVICE Loadng for SEA BEE CAM/NFK/SAV/NOL QUI GONG JINN CAM/NFK/SAV/NOL
      536 words
    • 1346 21 ywfl t Jfii ss fig jassa *01 a SPF PAC OANPA M74H 21/04 21/0* PAC OINTAN 4206 M/S 24/S 251» 23/o* 23/9* HE SB" -fg ffig g^S— WU** 047*N 24 00 24 06 PACOIMTAN S2flZ M/ftt 81/fl7 gtIMM gza VIIM 2*/0* PACSULU 1007 03/07 QS/07 mum nm 2tz& PAC OANPA
      1,346 words

  • Page 22 Advertisements
    • 589 22 I»K^irTs«i UGH SKY 093N 27 »/0* o*o4/07 11 12/07 I TIG€« SEA M4N 01 02/07 OS 10/07 15 14/07 I TltfllllOtt MSN M-05/07 11 13/07 IS-19/07 I TIGttSHAM OWN 01-09/07 15-17/07 22 23/07 116aHY^^017l^in2/07^^14M/o^^2Woj WT sm CAI TWISMMT 069 *****0* 30-02/07 1212/07 I XPKS Know* 130 27 21/0* 04 04/07
      589 words
    • 1030 22 i- FREIGHT LINKS EXPRESS PTLLT^ 51 Penjuru Road, 3 Level, Freight Links Express Logisticentre, Singapore *****3 Tel: *****511 Fax: *****577 E-mail: flesin@singnet.com.sg LCI SERVICE TO CEBU. PHILIPPINES VESSEL APL DUBAI V.OI IE ETA SIN 30/06/03 ETA CEBU 6267# HP" 5565/4694/5535/5580/5541/5508/5569/5560/5563/5514 PROJECT fir HEAVY LI FT CARGO (CONVENTIONAL Gr RORO) Lawrence
      1,030 words
    • 1489 22 MWJ Irm J# MAM: TCI: 02-4221-1333 FAX: 02-6221-5272 #X I" OJSTOIWSaVKI: TCI: 02-4221-5594 FAX: 02-4227-1190 awwtt towg joo smphmo rn itp OMH6AMASI Ills 14/ M jdSOOO 3031 28/04 O&CH»M2 3025 24/0* CWOa 3017 20/0* aUAN LM3W 27/0* 04/07 MM MASS 3021 27/0t |dSWK 3037 21/00 S.HUUANC 3021 27/0* TIA MA
      1,489 words



  • Page 25 Miscellaneous
    • 114 25 g REGIONAL WEATHER WMm Issued by Meteorological Service Division,NEA LEGEND: Thunderstorm Wind speed symbols Showers Full circle w/o line indicates calm or light and variable winds R a j n One half fleche represents 5 knots Cloudy Day *One full fleche represents 10 knots Hazy A -One solid triangle represents
      114 words