The Business Times, 28 May 2001

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Total Pages: 48
1 48 The Business Times
  • 15 1 THE BUSINESS TIMES MITA IP) 107/03/2001 SINGAPORE Internet: http.//business-times.asial .com.sg/ MONDAY, MAY 28, 2001 85©
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  • 70 1 STOCK MARKET INDICES Week Change STI 1,687.75 +25.11 SIMSC1 FUTURES ...288.80. -0.50 BT-SRI 660.09. +9.10 KLSECOMP ......568.72 +6.06 NIKKEI 225 13,765.92 -111.85 HANG SENG 13,753.99.. ..+294.81 SET INDEX. J11.11.-..+10.47 JAKARTA COMP. 390.12 +13.32 MANILA COMP. 1,410.23 -38.39 TAIPEI WPI 5,170.08 +58.41 SEOUL COMP„ 624.11 +23.57 SHENZHEN B 435.57
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  • 78 1 FOREX SATES us$ s$ US$ (SSperUSS) 1-806 £(US$/S$ per£) 1.412 2.660 ElTtO(US$/S$/E) 0.868 L560 DM 2178 1161 YEN 1202 86.60 RM 3.800 2.106 HKS 7.800 4120 BAHT 46.49 2520 RUPIAH 11,418 6124 *SS to 100 units FUME BATES SINGAPORE* 5.80 KUALA LUMPUR 7.67 JAKARTA .39.00 BANGKOK -9.50 MANILA 11.00
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  • 715 1  -  Danger lies in U or even L-shaped recovery; a relapse of Dow also likely By\ Larry Wee [SINGAPORE] The US economy is very unlikely to sustain a quick turn-around from current lows, and investors have pushed the Dow much too high
    PHOTOS BY RICHARD CHNG  -  715 words
  • 432 1  -  Dealers also throw in midnigfrt closing* on top of price offers Byl Marissa Chew [SINGAPORE] Let the good times roll right up to midnight, helped along by prawn noodles, satay and other food. One would never know the economy's woes from the
    432 words
  • 624 1  -  Survey shows rating* play major role for 60% of institutional investors By. Ling Su Ann [SINGAPORE] Despite continued criticisms over the usefulness of credit ratings, more investors are incorporating them into their investment decisions, a survey has found. The survey findings also showed
    624 words
  • 678 1 Top security minister rejects president's proposal AP, Reuters, AFP [JAKARTA] President Abdurrahman Wahid raised the stakes in Indonesia's political crisis yesterday when he threatened to declare a state of emergency if the hostile Parliament initiates impeachment proceedings against him later this week.
    AP,; Reuters,; AFP  -  678 words
  • Page 1 Advertisements
    • 80 1 DfSPE Top stortos Capita Land, Lend Lease eye Reits tie-up: sources. Next Rag* Slowdown in Asian exports set to worsen. Next Page Inno-Pac trying to return to the black: management. Pg 3 Customer relationship management seen growing to USs3sb by 2004. Pg 6 BT Comment Vikram Khanna: Beware the hype
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    • 49 1 BizlT DBS Bank^ sets aside $200 m operatipTfflfibudq^P^* 8 for IT Pg^na itf--2 »F *i. Jtttlc IW'Ym' V\ w Gtoba! e-commerce spending to reach USSSt by 2005: IDC. Pg 2 Paul Thompson: Time to overhaul financial reporting. Pg 5 H S pore leads in 828 trading platforms. Pg 10
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  • NEXT page
    • 678 2  -  I=ll exclusive The S'pore Reit will have a capital of $lb and will focus on shopping centres By] Kalpana Rashiwala [SINGAPORE] Capita Land is looking at teaming up with Australia's Lend Lease group for possibly Singapore's first Real Estate Investment Trust (Reit), which
      FILE PHOTOS  -  678 words
    • 1038 2  -  hi J comment ECONOMICS WnnM Banfc'g rf»ha «h»m— In wldmHtng vikram khanna WHEN economies grow fast, enter the hype-artists. We saw it in Japan in the 1980s, when a humungous financial bubble was mistaken for dazzling economic dynamism and "Look East" became all
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    • 626 2  -  Many nations could see exports contract for the foil year ffyi Chuang Peck Ming [SINGAPORE] Asian exporters have been suffering a decline in shipments of late but, according to Goldman Sachs, the worst is yet to come. "The worst period
      626 words
  • Page 2 Advertisements
    • 121 2 DANIEL ROTH JF Metropolitan A masterpiece for the frequent flyer fc& "Exclusive Daniel Roth model. A gentle press on the central button and 24 different world time zones are displayed on the centre face. The small opening o'clock indicates AM or PM." i P| a yoMf^ SINGAPORE THE HOUR CLASS
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    • 11 2 S'pore not as badly hit by US tech slump, Pg 6
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  • Page 3 Advertisements
    • 150 3 Maflbag; More info on Inno-Pac plan needed, Pg 8 Visit our Loewe showroom today to acquaint yourself with 100% digital technology, forward looking concepte.^ llE^^ *_Li £fc^W'*r- V TWHrrnhi" **...<*-- 1 v Hp. r fIKS I fc iTJ jgiif fc 9£pF' -^tSp^r^wgjß^S^ Bk jfl c 3I 1 I *^^s^^SHSHbsb V
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  • SINGAPORE companies
    • 899 3  -  Capital reduction only an accounting exercise, won't hurt minorities, it says By\ Serena Ng WITH its annual general meeting just three days away, Inno-Pacific's management has come out to reaffirm their commitment to their shareholders, and said they would work hard
      ARTHUR LEE  -  899 words
    • 344 3  -  By I Marissa Chew DBS Group Holdings is continuing to divest its non-core assets, putting up the former DBS Finance Building in Robinson Road for sale by tender. Based on the selling prices of DBS Securities Building and Cosco Building earlier this
      344 words
    • 334 3  -  1.07b pesos profit comes on a doubling in revenue From Al Labita hi Manila RAPID subscriber growth pushed the after-tax profit of Globe Telecom, Singapore Telecom's listed Philippine unit, to a record surge in this year's first quarter. Globe's earnings jumped 219 per cent
      334 words
    • 1230 5  -  I#governance It is only with relevant accurate and timely information that company directors can perform their watchdog and guidance roles, says PETER WALLACE PETER WALLACE The writer is practice leader, enterprise risk management, Ernst Young Singapore. E-mail address: peter-ian. wallace@sg.eyi.com IN a listed company,
      Ben Cruz  -  1,230 words

  • SINGAPORE markets
    • Article, Illustration
      445 4 Source: JM Sassoon Slocks Volume llnidux 6c 109,892,000 TPVUS1C 104,036,000 Surface MT HK20c 94,465,000 Tianjin Zhong 90,665,000 K1 Ventures 10c 80,727,000 Norelco5c 76,356,000 PCI 25c 74,838,000 Autron 66,691,000 PaciftcCenturylOc 65,528,000 GES Intl Ltd 20c 56,155,000 Stocks Chart Semiconductor 26c 214,799,772 DBSGrp 155,291,464 Omni Ind 10c 141,970,940 Datacraft 10c 126,584,361 (JOB
      Source: JM Sassoon  -  445 words
    • 129 4 ♦APOLLO Enterprise will go ex-dividend (final dividend of 0.5 cent) on June 4,2001. Last day for buying-in on a cum basis is June 7 and date payable is June *****1. ♦MAE Engineering will hold its AGM on May 31, 2001 at 10.30 am at 150 Kampong Ampat #01-01KA
      129 words
    • 655 4  -  l-l I comment STOCKS r. sivanithy THE local market is in a really odd mood these days Alan Greenspan's assessment of the health of the US economy is not considered newsworthy while syndicates are actually playing a useful role in helping the
      655 words
    • 206 4  -  WARRANT WATCH By R Sivanithy WARRANTS that are close to expiry are always interesting to look at and the Super Coffeemix warrant is no exception. It runs out of life in August which means it has about two months left to trade
      206 words
    • 265 4  -  HOT STOCK By' Ven Sreenivasan THE shares of China-linked Tianjin Zhongxin Pharmaceuticals have soared in recent weeks. The counter rose 2.5 US cents to 71.5 US cents on Friday its highest close since July 1999. It is deep in overbought territory on its
      265 words
    • 583 4 AFP [HONG KONG] The yen's mixed fortunes enjoyed an upturn last week as it rose against the US dollar, despite continued choppy financial waters throughout the region. Bolstered by the confidence of Japanese Finance Minister Masajuro Shokawa, the yen rose against
      AFP  -  583 words
  • Page 4 Advertisements
    • 403 4 Coiorland Animation Colorland Animation Ltd. (Incorporated in Bermuda on 10 August 2000) Invitation in respect of 20,000,000 New Shares with par value of HK$O.4O each as follows:I. 1,500,000 Offer Shares at 550.20 each by way of public offer; and 11. 18,500,000 Placement Shares by way of placement, comprising:(a) 17,000,000 Placement
      403 words

  • Page 5 Advertisements
    • 252 5 This is part of a series on corporate governance contributed by Ernst Young Singapore T J r g^^B I I Jr lFlE^jSEte'Jß*ili^®>«tth* BWBBWW^W^'""":^i»P Irm MHHMHHBBHBBBBBHk More than just a credit card, a Citibank Visa or MasterCard opens the door to a whole new lifestyle. fIM 'tsmBMjBI 0 *fMH y y
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  • SINGAPORE news
    • 363 6 on the economy outlook A PROTRACTED US technology slump could worsen the dismal export outlook for Asian exporters and most at risk are the Philippines, Singapore and Malaysia, says a Morgan Stanley Dean Witter report from New York. But the firm's Singapore-based
      363 words
    • 521 6  -  Scheme is now open to private property owners and those who do not own property By Marissa Chew MORE elderly Singaporeans, including those who do not own Housing and Development Board flats, may now apply for HDB's studio apartments, Minister for
      521 words
    • 630 6  -  UH exclusive By\ Vince Chong IT IS more cost-effective to cement relationship with existing customers than getting new business, especially in times of recession, said OgilvyOne Worldwide chairman and chief executive Reimer Thedens. With a reputation as a customer relationship management (CRM) guru,
      RICHARD CHNG  -  630 words
    • 379 6  -  By' Trina Foo AIR France Singapore on Friday launched Cybairfrance, a booking and information service on its Singapore website, www.airfrance.com.sg. Cybairfrance allows customers to book up to six tickets per credit card, from Singapore to any destination on the Air France global network
      379 words
    • 305 6  - S'pore and Wales alike in more ways than one Both countries have small populations, industrious workers: Welsh official By' Trina Foo SINGAPORE and Wales have much in common in terms of a small population, an industrious and ethical workforce and knowledge-driven manufacturing might, said a Welsh official. David Rowe Beddoe,chairman
      CHRIS LOH  -  305 words
    • 663 7  -  It's more solid business compared to dotcoms which seem to go on wish and promise: Anssie lawyer Ityi Angela Tan BIOTECH, touted as the next big thing among venture capitalists, is unlikely to suffer the boom-bust fate of many Internet start-ups due to heavier
      FILE PHOTO  -  663 words
  • Page 6 Advertisements
    • 189 6 j <4 Tun if Lok Restaurant Start the day on the right foot or should we say, with the right food at Jade, where our Power Breakfast Menus are bound to lift your spirits, put a spring in your step, and keep you smiling for the rest of the day!
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    • 134 6 The Bearer of the Future of Mobile Communications CONDUCTED BY: MACK PALOMAKI OLAF LOHMANN 21st June 2001 Holiday Inn Park View Singapore' 9.00 am 5.00pm f COURSE CONTENTS Overview and Introduction Terminals (Handsets and Other WhotiJG Wire!essTermiiuil)for3G The Need for 3G I d C— The 3G Business Case Regional Considerations
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    • 12 6 Air France sees demand drop in Paris-Marseilles route, Shipping Times, Pg 14
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  • Page 7 Advertisements
    • 195 7 iMIPSBg Sk jjMJf .|Hr" «h^ Bv. J Hi H Hnfo y *rfM** jdHL* ,J(l ,^/lt^^/ft -4^Lag||^flHF HF Business is moving ever faster, driven by the Web, the "Information Powers Business" Seminar speed of competition and market expectations. It is impossible to advance business initiatives without Date: Thursday, 14 June 2001
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  • MAIL bag
    • 167 8  -  Gautam Agarwal Consultant Cynovia Solutions Pte Ltd Singapore I REFER to your report "Technopreneur sacked, probe confirms fraud" (BT. May 24). I am shocked at what has happened and how Dennis Lee was able to fool so many people and for so long. I
      167 words
    • 399 8  -  Joachim Tan Tseng Tchi I REFER to your reports "GIC fund managers consistently beat benchmark" and "Tap fund managers for better returns on CPF: SM Lee" (BT, May 23). The first article quoted Deputy Prime Minister Lee Hsien Loong as saying that the
      399 words
    • 395 8  -  Lee Hew Mun Singapore I REFER to the report "Fireworks expected at Inno-Pac AGM" by Serena Ng (BT, May 23). I am a long-suffering small shareholder of Inno-Pac. I was dismayed to read about the views of Quah Su-Ling, a fellow minority shareholder. Shareholders, large
      395 words
    • 549 8  -  Wan Yew Cheong Singapore I REFER to your Hock Lock Siew column "CSA shareholders deserve better transparency" by Ven Sreenivasan (BT, May 18). I have been following the CSA Holdings Ltd saga since its annual general meeting in August last year, which created a
      549 words
  • Page 8 Advertisements
    • 141 8 f Entry Number 0021 j Noodle Splash Guord X AWARD P Ol^00 protection against „Nov Wt o, s, W gravy stains. j i .f -It .m Crazy Idea? Maybe Not. From the seeds of wild ideas are born the first fruits of innovation. And we are the richer from such
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  • REGIONAL news
    • 481 9 KUALA LUMPUR Forty-one writers vow to stop contributing to the two Chinese dailies Reuters OPPOSITION to the takeover by a party in the ruling coalition of Malaysia's two major Chinese-language daily newspapers gathered momentum yesterday, with 14 groups urging the deal
      Reuters  -  481 words
    • 378 9 MANILA Despite heightened security, kidnappers face no resistance during the pre-dawn raid AFP HEIGHTENED security failed to stop armed men from kidnapping 20 tourists and workers yesterday from a western Philippine resort island that caters to foreigners and wealthy Filipinos, officials said.
      AFP  -  378 words
    • 687 9  -  1-11 comment KL STOCKS To attract funds, BFslan businessmen must dilnte holdings gradually eddie toh Malaysia is in danger of falling off the radar screen of many foreign fund managers. Over a week ago, the influential Morgan Stanley Capital International unveiled its new guide on
      687 words
    • 179 9 AP [KUALA LUMPUR] The Malaysian government said a private company which bought the national postal service will not lay off any of its 13,500 workers, according to a news report published on Saturday. The Star daily said finance ministry officials gave the assurance to
      AP  -  179 words
    • 686 10 SINGAPORE Banks offer deposit rate of 2-3% while offshore accounts can rake in 8-10% Reuters THAI Prime Minister Thaksin Shinawatra's complaint that record low interest rates have sparked capital outflows has pitted him against the central bank, but banking sources say
      Reuters  -  686 words
    • 580 10 SINGAPORE Political risk, tight regulation of forex transactions hit trading volumes of regional currencies Reuters VOLATILITY, the bogeyman of Asian currencies, has made itself scarce in recent months, to the delight of central bankers but the chagrin of traders. Some regional currencies, like
      Reuters  -  580 words
    • 451 11 BEIJING It says Taiwan president neglecting economy while trying to bolster pro-independence forces AFP CHINA yesterday issued a scathing criticism of the Taiwanese president's first year in office and slammed him for making a recent stopover in the United States. The government mouthpiece the
      AFP; REUTERS  -  451 words
    • 308 11 SHENZHEN Analysts say govt could pnt off launch till 2002 Reuters LONG delays in launching China's high-technology second board threatens the country's fledgling venture capital industry, a senior industry official said. "A key impetus for the venture capital industry's rapid growth is
      Reuters  -  308 words
    • 291 11 TORONTO AFP FUGITIVE Chinese businessman Lai Changxing, who had been released from jail under a house arrest scheme in March, was rearrested in Vancouver, the Globe and Mail reported on Saturday. Lai, 42, and his wife Tsang Mingna, 36, left a detention centre on March
      AFP  -  291 words
    • 395 11 NEW DELHI Reuters THE suspension of the head of state-run Air India is unlikely to affect the airline's privatisation and the government hopes to complete the process by year-end, the disinvestment minister said on Saturday. "The civil aviation minister has said
      Reuters  -  395 words
  • Page 9 Advertisements
    • 32 9 MAlllTfif C* To advertise call toll-free 1800-741 1883 I |MU 1 IvUM Fax No: 741 1298 r* To advertise your NOTICES simply fax: 741 1298 or Call toll-free: 1800 741 1883 V
      32 words
    • 269 9 IN THE MATTER OF MAHER SUPERALLOYS (S.E.A.) PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting ol the Company held at Edward Street Sheffied. S37GD England. United Kingdom on 22 May 2001. the following special resolutions were passedIt was resolved: 1. "That Maher Superalloys (S.E.A.) Pte Ltd be
      269 words
    • 83 9 Oracle saved $1 billion in 1 year using our own E-Business Suite. The Oracle E-Business Suite is engineered as a complete and integrated system. We finish our software so you don't have to. You save time and money. You get better information. Simple. Get the facts at www.oracle.com Copyright ©2001
      83 words

  • Page 10 Advertisements
    • 1046 10 NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 Australia and New Zealand Banking Group Limited A. B. N. ***** 357 522 Financial Statements for ANZ Banking Group Limited and its controlled entitles for the year ended 30 September, 2000 CONSOLIDATED THE COMPANY CONSOLIDATED THE COMPANY 2000 1999
      1,046 words
    • 641 10 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF FS AUTOMATION PTE LTD (In Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN THAT pursuant to Section 308 of the Companies Act, Chapter 50, the Final Meeting of the Members of the abovementioned company will
      641 words

  • Page 11 Advertisements
    • 173 11 'TR Sharp, a leader in LCD technology, now introduces its NEW Black TFT Super V LCD range I w »th breathtaking 300:1 high contrast and superb crystal-clear quality. With a vertical viewing I Low.Ref Wmt angle of 140° to 160°, it's simply breathtaking whichever way you look at it. I
      173 words

  • INDON economy
    • 1605 12  -  Jakarta must resolve political impasse fast and do away with anti-investment policies, for the economy cannot wait much longer, warns james castle JAMES CASTLE The writer is chief business consultant at PT Jasawenang Citrasempurna, a subsidiary of the Castle Group in Jakarta. This article first appeared
      REUTERS  -  1,605 words
  • Page 12 Advertisements
    • 1012 12 NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 I -a SembCorp y Industries M SEMBCORP INDUSTRIES LTD NOTICE TO SHAREHOLDERS in relation to:THE ANNUAL GENERAL MEETING THURSDAY MAY 31, 2001, 2.30 PM THE THEATRETTE, 60 ADMIRALTY ROAD WEST, SINGAPORE *****7 I Dear Shareholder of SembCorp Industries j
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  • Page 13 Advertisements
    • 91 13 J~ jr Jr 1 JT tK^^^^HHk^^^i^^HMQl^HHii r 5» rv 'j B^i bRR *sF $dF ijfc tj <y m. m v|U9r3 r ''#wy s^cjr> ,^g!\ j ""j i, We're moving. To our clients, business associates and friends. With effect from 28 May 2001, we are relocated at: Bayerische Hypo- und Vereinsbank
      91 words

  • WORLD news
    • 635 14 PRINCETON, New Jersey 147 stocks dropped as Net, telecoms firms foil below price threshold Bloomberg NASDAQ Stock Market delistings have tripled in the first four months as once-hot Internet and telecommunications companies succumb to falling stock prices and the slowing economy. As at
      Bloomberg  -  635 words
    • 539 14 The economic developments of the last couple of years have been a particular challenge for monetary policy. Once the financial crises of late 1996 that followed the Russian default eased, efforts to addreee Y2K problems and growing optimism If not euphoria
      539 words
    • 879 14 In some sectors, the bull Is already out of the pen Reuters [NEW YORK] Don't ask if the next speculative stock market bubble will surface just ask when and where. While stock investors are still nursing their wounds from the year-2000 blowup of seemingly everything associated
      Reuters  -  879 words
    • 588 15 PARIS Many sites on both sides of fence tap nationalist sentiment AFP THE fiercest opponents of the single European currency are taking their fight to the Internet even as the euro zone's 304 million people prepare to adopt euro notes and coins. The Internet
      AFP  -  588 words
    • 340 15 TOKYO Personnel cut will be main pillar of firm's drastic revamp plan AFP LOSS-MAKING Japanese truck maker Isuzu Motor Ltd will cut 9,000 jobs, nearly a quarter of its 38,000-strong group work force, over the next three years, a newspaper said on Saturday.
      AFP  -  340 words
    • 211 15 LONDON Reuters US investment bank Morgan Stanley is considering an offer for Britain's Cazenove that would value the target at some £1.5 billion (Ss3.B billion), the Sunday Business newspaper has reported. However, industry sources played down the report, saying there had been no talks
      Reuters  -  211 words
    • 581 16 LONDON Move is part of British firm's ongoing efforts to cnt £27.9b debt by selling assets, shares Bloomberg HICKS Muse Tate Furst Inc and Apax Partners Co have agreed to buy British Telecommunications pic's yellow-pages unit for £2.14 billion (555.5 billion) as the UK's
      Bloomberg  -  581 words
    • 818 16 WASHINGTON Bush to sign bill into law in Jane; it will reduce top income tax rate to 35% Bloomberg The US Congress on Saturday passed an 11-year, US$l.35 trillion tax cut bill that reduces the top income tax rate to 35 per cent
      Bloomberg; FILE PHOTO  -  818 words
    • 365 16 LONDON AP IN one of Britain's worst outbreaks of racial violence in years, hundreds of youths hurled bricks and firebombs at riot police in a town that has been a hotbed of ethnic tensions. More than 20 people, including 15 police officers,
      AP; REUTERS  -  365 words
    • 306 16 WASHINGTON A US lawmaker said the Securities and Exchange Commission (SEC) has the responsibility to launch an inquiry into a mishap involving the US$B billion initial public offering of Kraft Foods Inc. In a May 22 letter from Representative John LaFalce of New York to
      306 words
    • WORLD Watch
      • 83 16 Bloomberg [LONDON] Nomura International, the London arm of Japan's biggest brokerage, has agreed to buy Compass Group pic's Le Meridien hotels for £1.9 billion (Ss4.B billion) to profit from growth in the European industry. Nomura will pay cash, raised mainly by selling hotels
        Bloomberg  -  83 words
      • 88 16 Bloomberg [SYDNEY] Australians weren't won over by the government's Budget last week, which gave more to the elderly, small businesses and rural voters, and would lose office if an election were held tomorrow, according to a newspaper poll. The Sunday Telegraph/Quadrant poll found 47 per
        Bloomberg  -  88 words
    • 469 16 ■LOS ANGELES Reuters HUGHES Electronics Corp has announced the retirement of Michael Smith, the company's chairman and chief executive officer who had been at odds with management over whether Rupert Murdoch's News Corp Ltd should take over Hughes and its DirecTV
      Reuters  -  469 words
  • Page 14 Advertisements
    • 168 14 O fntentfa Our growth and success has created a demand for a dynamic individual looking for a challenging, exciting and rewarding career FINANCIAL CONTROLLER HHHH Asia Pacific HjEBSBBBEH Based in Singapore, you will be an active partner business processes. This includes providing financial and business planning support, developing process involvement
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  • Page 15 Advertisements
    • 679 15 14.1" TFT screen on a notebook this light is truly a masterpiece. The new Travel Mate 610TXV. A breakthrough of magnificent proportions. It's one of the slimmest and lightest notebooks in its class, weighing just 2.03 kg (with weight saver). And it's easy to get connected wherever you go. Thanks
      679 words


  • COMMODITIES & futures
    • 595 17 [LONDON] Gold prices turned highly volatile as speculative factors gripped the market, powering the precious metal to year-long highs before pulling it back down almost as quickly. Oil prices, meanwhile, flirted with the US$3O barrel amid concerns over gasoline stocks, but were also driven lower as the week
      AFP  -  595 words
    • Article, Illustration
      1343 17 SDTQAPORE QOVERMMEltT SECURITIES DfDICATITE PRICES AMD YIELDS Week ended May 25 Met Met Ttm Cnpm Matarity Ct4t YTII K OWtf Ttw C—p— Matwtty Ct«t YTM W Offtr 2-YR 2.250 OI-Apr-OO N*****0S 2.29% 2.26% 99.93 99.98 5YR 3.250 15May-02 N*****0X 3.07% 2.85% 100.35 100.55 7-YR 5.625 OI-Jul-OO NX*****H 3.34% 3.32% 114.35
      1,343 words
    • 1948 17 SIOOM FUTURES May 25 RUBBER (futures closing as at 5.30pm) RSS1 CONTRACTS cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Jun 01 1M.00 Jul 01 114.00 250 Aug 01 H4.25 250 Sep 01 115.75 250 RSS 3 CONTRACT (US cents/kg) Volume Open Month High Low Sett (tonnes) Interest
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  • Page 17 Advertisements
    • 24 17 Turnto Oassificatbfi 15a 1 '^''I TW» CATS. i .^§ll'pl» l> «f f i <» ,»>-j O" jggjnxMySjEP]SSjfiJI w| fit «?bf'» *N|Sg#"K^U,j|Kaffl| 'S t&msi®*f>?*:"m'M~Mr<tmm*? WW*? »vn
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  • MARKET outlook
    • 238 18 HONG KONG AFP THE Hong Kong stock market is set to test the psychological 14.000 level on bullish sentiment in the week ahead amid hopes for further US interest rate cuts, dealers said. The key Hang Seng Index gained 294.81 points,
      AFP  -  238 words
    • 518 18 Expected economic growth doesn't justify price rise of big tech stocks, say analysts Bloomberg AFTER a 61 per cent surge in the past seven weeks, Cisco Systems Inc shares sell for 54 times expected earnings, making them more expensive than a year
      Bloomberg; FILE PHOTO  -  518 words
    • 341 18 TOKYO But foreign investors are expected to slow purchases, following MSCI reweighting AFP SHARE prices in Tokyo are likely to remain in their current trading range this week but they are facing downward pressure as foreign investors slow their purchases of Japanese shares, dealers
      AFP  -  341 words
    • 337 18 LONDON Index falls to 5,889.8 despite data showing steady economic growth in Q1 AFP THE London share market once again failed to break through the elusive 6,000point barrier on Friday, finishing slightly in the red after a plunge in the share price of British
      AFP  -  337 words
    • 857 18 Sydney +2LB AFTER setting new records last week, brokers expect the Australian share market to move into consolidation mode for a few weeks before making significant gains towards the end of the year. The All Ordinaries index reached 3,370.7 last Monday before settling back to end the
      857 words
    • 1966 18 Vi Paris -563 THE Paris bourse ended in the red on Friday, with hefty losses for telecom equipment maker Alcatel as investors awaited the conclusion of takeover talks with US peer Lucent Technologies. Shares in the blue-chip CAC-40 Index on Friday closed 74.53 points, or 1.32 per
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  • STOCKS klse
    • 430 19 AFP Composite Into +&06 MALAYSIAN stocks may be in for another positive week ahead with the market seen as "good for a short-term nibble" at its current levels, a broker said on Friday. Loges T Sampanther, manager for institutional sales at KAF Seagroatt and
      AFP  -  430 words
    • 9733 19 INDUSTRIALS Com—r prefects 2001 Last Vol Wook Net Cap High Low Company Sale 'OOP Ht«h Low P/t »mH 340 290 Ajmomoto 290 -16 6 302 290 8.7 117.5 45 24.5 Angkasa 27.5 -1.5 102 33 27 40.5 342 282 Apollo Food Hlq 312 12 28 312 306 6.8 124.8 356
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  • STOCKS sgx
    • 12403 20 BONDS WARRANTS w Mi Hml u*H K-Wmk Ust M «Mk LliWilll A* M Cm Uar Mac Mia N0 Lot fiaim Ml T row 1— t*m t*m W> l—«D Mb Mm nw «wft«Z U« 37 0.5 Acma W*****4 0.5 0.5 t 41.0 t 300 615 84.00 J 15 2.5 s AIITech
      12,403 words
    • 610 20 SOX Derivatives Trading Weeklyßmmdup THE recent surge in gold and related stocks is causing some cold sweat among investors for fear that overall inflation will get much worse than it is. Yet, the US Federal Reserve remains confident that overall price stability will
      Source: SGX  -  610 words
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  • New Asia Biz Woman
    • 968 22  -  Her hit song Video has boosted the self-esteem of women in the country, and MTV has crowned her one of the top talents to watch this year, reports MEKESA MOMBI MOODY NEKESA MUMBI MOODY AP [NEW YORK] INDIA. ARIE Simpson has always believed in the
      AP; FILE PHOTO  -  968 words
  • Page 22 Advertisements

  • Page 23 Advertisements
    • 533 23 Where to wine, dine and entertain...^ The perfect time to relax and unwind Happy Hour at the Garden Terrace poolside bar I With our buy-on«-get-one-FREE* special from 5.30pm 7.30pm (Monday Friday), you'll want to raise your glass to our wide selection of concoctions. Better still, bring your colleagues and friends
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    • 64 23 I 4 it Up** Tawl promises to serve you s m s ggi Ml CMneee meal for two H| Kr ,J®p' to six DOODie ayiCklv 1 H •wou®h 'or you to finish J 1 dMng in4s minutes. j jffirjj9k from Monday* to Fridays mW I W n fMudes •Mm of
      64 words
  • Page 23 Miscellaneous
    • 941 23 j"iir7Ta^TVVwka 8.00 Making Headlines. 536 Return of Judge Bao. Market Report. 0.00 Healing Hearts. 630 Singapore Today. 1130 Headlines/Singapore 4.00 PM Men Are From 10.00 News. 730 Ixive Me, Love Me Not. Update. |Bf'Mars, Women Are From 1030 Once Upon a Time in 8.00 Top Fun (Live). 1L34 Money Mind
      941 words
    • 303 23 CRYPTIC CROSSWORD ACROSS them cross (8) 1 Not rare words of praise (4,4) 7 Not a fully-grown creature, 9 One is prone to use arms in whichever way you look at it these exercises (5-3) (4) 10 You wouldn't credit it! (4) 8 Can't be fired at bosses' order 11
      303 words

  • Page 24 Advertisements
    • 60 24 Tv mobile com !fB3S§|&£gK I'* I||| P, I'll W|" I 1 1 You never remember who cam? in second. 1 Get it fast. Get it first. Get it from CNN. Up-to-the-minute global news Da #1%0 flVCfr 4"A Ifffl/VIA# it IMMI ;f? and information, anytime, anywhere, 24 hours a day. I®C?
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  • Page 25 Advertisements
    • 113 25 Oban i i 1 i f^i La _^jpjHW^^^RWT RICHARDCHNG |MMM||g-l^-%.|'■ ||H| A I V Hn <*■•» I »^^^■HBSsliflHHlHiMHII^^^^^H^^^HI DBS Bank will set aside about $200m as its operational budget for IT this year, and wants to CRM usage, bank's CIO Steve TANG WEHG PAL Microsoft* .net 1 j i Looking
      113 words
    • 266 25 TOP STORIES Global e-com spending to reach USsst by 2005 Pg2 MoE to invest $13m to help JCs boost IT Pg2 pr Mm IBM Singapore's new boss lists her business priorities Pg9 S'pore leads in 828 trading platforms pgio COMMENTARIES Paid Thompson: Time to overhaul financial reporting Pgs Debashish Cbatteijees
      266 words

  • BIZIT
    • 809 26  -  m exclusive The bank will be making 'significant' investments to upgrade its Internet banking infrastucture this year and next >¥ Tang Weng Fai SINGAPORE'S largest bank by assets, DBS Bank, will continue to invest 17 to 21 per cent of its total operating
      RICHARD CHNG  -  809 words
    • 398 26  -  Back home, BoS will kunch new investment products almost every month lor the rest of the year to cater to its customer demands By Janice Lee HOMEGROWN Internet bank Bank of Singapore (BoS) —plans to expand aggressively into other countries in north and
      398 words
    • 476 26  -  A billion Net users or 15% of the global population will go online for 828 and B2C spending, says new IDC study By. Raju Chellam GLOBAL spending on e-com-merce is set to explode in the next few years when a billion
      AFP  -  476 words
    • 637 26  -  sil exclusive With regard to infrastructure, all JCs have been networked since the implementation of the MoE Masterplan for IT in Education By J Janice Lee THE Ministry of Education (MoE) will invest $13 million over the next two years to
      ARTHUR LEE  -  637 words
    • 555 28  -  Average global piracy rate increases to 37%; S'pore's piracy rate drops 1% to 50%, says new Business Software Alliance study By. Raju Chellam SOFTWARE piracy losses neared US$ll.B billion worldwide last year, up one percentage point to an average of 37 per
      REUTERS  -  555 words
    • IT TAKES
      • 60 28 SINGAPORE saw 139,369 PCs being shipped in Ql 2001, down 9 per cent from Q4 2000, but up 17 per cent over Ql 2000, according to researcher Gartner Inc. The top vendor in Ql this year here was Compaq Computer, with a 17
        60 words
      • 63 28 US-BASED networking firm, Novell Inc, has announced growth in all markets in South Asia, except Singapore and Thailand. Top performers were Malaysia (up 42 per cent), the Philippines (up 20 per cent), Australia (up 14 per cent), and New Zealand (up 29 per cent). Overall,
        63 words
      • 49 28 US-BASED interactive TV and media company, OpenTV, said it will tie up with Singapore's Iteru.net, a multi-channel communications service provider, to create an interactive TV and unified messaging solution that will be marketed to TV network operators over the OpenTV platform in Asia. For details, visit www.iteru.net.
        49 words
      • 51 28 inaintainvj roiytecnnic wui inciuae uvjs proauci development software, Unigraphics and Solid Edge, in its School of Engineering curriculum. The software addresses the product development process from conceptual design, to product modelling, analysis and manufacturing. So far, more than 700 suites of Unigraphics and Solid Edge have been
        51 words
      • 39 28 ENSIM Corp, a US-based company that provides software to automate the management and deployment of hosted services, has opened its Asia-Pacific HQ in Singapore, headed by Effendy Shahul-Hamid, Ensim's managing director for the region.
        39 words
      • 59 28 US-BASED Sonus Networks has appointed Dave Fassnacht as technical director for Asia-Pacific and Japan, and Chris Irving and Khoo 800 Leng as senior network consultants. Mr Fassnacht was previously director of systems engineering at Lucent Technologies; Mr Irving was previously VoIP product and technology manager at
        59 words
      • 27 28 US-BASED Sybase Inc has appointed Nancy Lee as director for Sybase South-east Asia, based in Singapore. Ms Lee remains Sybase's country manager for Singapore.
        27 words
      • 43 28 US-BASED BEA Systems Inc has appointed Jenny Liu as director of sales for Asean, and three new sales managers Teong Eng Guan, Hazel Chin, and Angelia Leo. BEA has also appointed Hui Yoke Leng as its regional marketing manager.
        43 words
      • 34 28 A FORUM on "DM2 Applying data mining techniques in direct marketing" will be held on Thursday at Park Avenue Business Centre. It is organised by landl Asia. For details, e-mail laychintan@iandiasia.com.
        34 words
      • 32 28  -  Compiled by Trina Foo A SEMINAR, "Information powers business", will be held on June 14 at the Marriott Hotel. It is organised by Crystal Decisions. For details, fax *****86.
        32 words
    • 684 29  -  I lri comment INFOTECH The emergence of the New Economy companies has exposed the problems with the existing financial reporting rules. This time nothing less than a complete overhaul will do paul thompson The writer lectures in accounting at the University of Nottingham in
      684 words
    • 393 29  - New sub-brand —Evo —from Compaq Reports by l Chen Huifen COMPAQ Computer AsiaPacific launched a new family of products in a 22-city mega roadshow last week. Called "Hot off the Wire", the roadshow started its run in Singapore. The company also introduced a new sub-brand, Evo. It emphasises stability for
      393 words
    • 224 29 SONY Singapore last week launched the Vaio R505 series of ultra-portable notebooks with two initial models. The models PCGRSOSDT and PCG-RSOSCT run on Intel's Mobile Pentium 111 processors running at 750 MHz and 850 MHz, respectively, and come with 128 MB RAM and removable
      224 words
    • 571 31  -  SAYIhJ Success in the New Economy for Singapore companies hinges on the speed at which they plug into the new extended virtual supply chain debashish chatterjee The writer is director (SCM), SAP Asia Pte Ltd THE economic downturn has forced CEOs, CFOs
      571 words
    • 285 31  -  A new end-to-end solution lets nsers connect to their corporate networks at np to 11 megabits per second from open areas By Melissa Sim DAVNET Singapore Pte Ltd and Cisco Systems Inc last week set up two wireless broadband Internet "hot spots"
      285 words
    • ON THE SHELF
      • 93 31 DELL Computer last week launched its new Latitude C6OO and Latitude C5OO notebook computers. The C6OO weighs 2.22 kg, runs on Intel's Mobile P-111 processor at 1 GHz with Speed Step technology, and comes with 128 MB RAM, 6 GB hard disk, integrated 56k modem and 14.1-inch
        93 words
      • 58 31 DELL Computer has also introduced the Dell Precision Workstation 530, which features a Clamshell Chassis design and two Intel Xeon processors running at 1.4,1.5 or 1.7 GHz. It comes with 4 GB RAM, 292 GB of internal storage and three 32-bit and two 64-bit PCI slots.
        58 words
      • 75 31 INTERMEC Technologies Corp has introduced new programmable bar-code printers, the Easy Coder F2, F4, 501XP and 601XP, which let users create web-based forms that are accessible from any standard browser. It hosts those pages on the printer itself. The printers can communicate between any host system
        75 words
      • 57 31 US-BASED Cisco Systems Inc has launched the Cisco 1751 Modular Access Router, which supports 100 simultaneous VPN tunnels at Tl/El speeds, multiservice voice/data integration and DSL without the need to buy additional memory. It has Dual Ethernet and virtual LAN support. Prices start from U551,495.
        57 words
      • 77 31  -  Compiled by: Melissa Sim SONY Corp has unveiled its new portable, battery-operated CD-R/RW drive-cum-audio and MP3 CD player the CRXIOU-A2 which offers a plug-and-play USB interface and an 8 MB buffer memory for secure recording. It can create system backups, edit and record digital images and create
        77 words
    • 544 32  -  As competition thins, the companies that remain are nsing the situation to their advantage By\ Rob Lever [WASHINGTON] The price of Internet access is rising in the United States as the field of competitors thins and remaining companies take advantage of the situation
      544 words
    • 295 32 The Internet retailer says it never has, and never will, share customer information Bloomberg [WASHINGTON] Amazon.com Inc didn't break the law when the No 1 Internet retailer changed its privacy policy to allow disclosure of personal customer information, according to the Federal Trade
      Bloomberg  -  295 words
    • 151 32 AFP [SAN FRANCISCO] Gordon Moore, the co-founder of computer chip maker Intel, on Friday announced his retirement from the company's board. Mr Moore, a former Intel CEO, is credited with creating "Moore's Law" in 1965. That rule of thumb stated that the number of transistors
      AFP  -  151 words
    • 160 32 Bloomberg [SAN DIEGO] Wireless Knowledge Inc, an e-mail software maker owned equally by Microsoft Corp and Qualcomm Inc, has fired an undisclosed number of employees to reduce costs after lowering its sales forecast. Wireless Knowledge spokesman David Bilotti said on Friday the company
      Bloomberg  -  160 words
    • 369 32 AFP [WASHINGTON] The US government generated US$3.6 billion in sales last year from 164 websites, making it the largest player in Internet commerce, according to a study to be released today. The study by Federal Computer Week magazine and the
      AFP  -  369 words
    • 805 33  -  Another key focus area is outsourcing, IBM Singapore's newly-appointed MP Janet Ang tells Anna Tfco Anna Teo Accelerating the company's growth in the ebusiness infrastructure and outsourcing markets, and working with partners in the SME (small and medium enterprise) arena these are
      FILE PHOTO  -  805 words
    • 529 33  -  The eLogistics Award winner is using the Net to give customers more bang for their buck Hy Melissa Sim SINGAPORE-BASED shipping giant, NOL (Neptune Orient Lines) plans to launch a new visibility product that will let managers make a decision round a shipment
      RICHARD CHNG  -  529 words
    • 169 33 Bloomberg [FAIRFAX] Xybemaut Corp's chief executive denied speculation that the maker of computers worn on the human body will soon receive a US$75O million contract from International Business Machines Corp. Xybemaut shares surged 40 per cent after several dozen postings appeared on Internet message
      Bloomberg  -  169 words
    • 474 33  -  The company also changes its ink cartridge packaging to fight counterfeits By l Chua Hui Min HEWLETT Packard Company last week launched a range of 20 servers for web hosting, VPN (virtual private networks), network traffic management, web caching and media streaming and a desktop
      474 words
    • DOT com
      • 696 34  -  S'pore's 828 e-procurement market will jump from USss3m in 1999 to USs4lsm by 2003, as amdbew web finds out ANDREW WEE SINGAPORE leads the region with the most public 828 trading platforms and several companies here are now implementing e-pro-curement solutions, according to an
        CHRIS LOH  -  696 words
      • 565 34  -  A lesson in selling Net-enabled appliances: Don't mention the Net part By\ Silvia Sansoni GIOVANNA Bolzonetti wanted a new Merloni washing machine because it handles cashmere and silk so gently. But it also connects to the web. She was jazzed about the prospect of
        565 words
      • Briefly.com
        • 52 34 ASIA'S largest communications, IT and broadcasting exposition will be held for four days from June 19 at the Singapore Expo. More than 2,000 participants from 50 countries are expected to attend. The event comprises MobileCommAsia2ool, NetworkAsia2ool, eßiz2ool, and will be held in conjunction with BroadcastAsia2ool. For details,
          52 words
        • 51 34 KEPPEL Logistics said it will implement a wireless SMS solution for its logistics management system. This will let it send and receive SMS messages to integrate delivery order status and information. Keppel's Wireless Messaging Server Appliance Solution will use Sun Microsystems' and Palm Window's OnHand SMS
          51 words
        • 39 34 eLogSquare.com Pte Ltd, a Üb-based company that provides logistics and freight-forwarding support, has launched lworld2shop.com, an Internet shopping portal that has links to apparel, cosmetics, toys, electronics, magazines, and hobby craft online merchants in the US.
          39 words
        • 56 34 HONG KONG-BASED e-security provider, Privy Link International Ltd, has tied up with Asian certification authorities to secure cross-country e-commerce transactions in the region. Partners include Digicert Sdn Bhd (Malaysia), ID.Safe Pte Ltd (Singapore), Joint Electronic Teller Services Ltd (Hong Kong), KSign Co Ltd (Korea), Netrust
          56 words
        • 41 34 US-BASED Vignette Corp will launch the Vignette Enterprise Application Portal. This features browser-based management dashboards that lets site administrators configure portals to manage content from disparate sources, and deliver relevant information to users. For details, check out www.vignette.com.
          41 words
        • 40 34 MICROSOFT Corp has launched Tools on the Web' at http://office.microsofl.com/. It provides 120,000 images, 1,000 sample documents, training and support information, and more than 20 services, including e-postage, direct mail, and advice from Office experts.
          40 words
        • 60 34 eSoft Inc, a US-based Internet security appliance provider for SMEs, has launched Webmail, a new SoftPak for InstaGate EX and EX2 products. It enables corporate e-mail access from home computers, client sites, shared workstations, airport kiosks, and cyber cafes. Pricing ranges from US$l99 for 25 users,
          60 words
        • 95 34 MEASURING Internet usage in 23 countries, the April edition of the Nielsen//Netßatings Global Internet Index found Net surfers across Asia-Pacific were the most active users of the web. The Index also found the worldwide web population had grown to 390 million people, an increase of 10
          95 words
        • 60 34  -  Compiled by Trina Foo CANADA-BASED provider of .biz top level domain, NeuLevel Inc, has launched its intellectual property claims service, which will run from July 9. The 3-step service will help companies protect their trademarks and service marks on the web by letting them stake a claim
          60 words

  • Page 27 Advertisements
    • 82 27 •'ast<H¥ V"*' <• v -4 r rV v r IBM Total Storage —SOLUTION CENTER Azure Technologira[^M^Hß^^^^^^^^^BH|^^p^^fr«^HH^^^^^^N|jH|H^^^Hj^H^^^H^|H|H^SHßHH[ijH^^B HK We aim to have partner are the distributor B esource a J^R Our Valued Partners Computer Service. jjflJl \SIRIUS CTjftLINKI SHO^ €9 *S1I? MSIP W RBRnetworks OSCS Cf sna novaSPRINT J i/wwe technology
      82 words


  • Page 29 Advertisements
    • 330 29 I Building a successful e-commerce We understand what makes for l iRSa 9 I H f- jtMM&Z* 5* ,S I business only comes from experience, a great customer experience. -J 1 fSSSrm I I I And Dell Computer has it. We know about uptime and system il 1MB1: I I
      330 words

  • Page 30 Advertisements
    • 371 30 v v r- ®l»«# »v|' $'.;^vjVMnMV#OTfvi^^^^^^H ;;-v..' |^"pv^. \f PI V Bfc I I Vflb ab w f j I 11 B 1 t"> t** *^^^MHBHI9IVHMHHHMIRIHMBHRIMIMIiIiI9POTiI^HH HH' ■Hvi. j6 M "V^v-'v-^ll^^^^Hl-'... .'£< Wmsfflk 1 '-< *-^^I 11 The powerful ProLiant DLSBO (4-way capable server) j I and Microsoft® Windows® 2000
      371 words

  • Page 31 Advertisements
    • 89 31 o.iruK'H BKMS WHICH SERVERS WILL HOLD S Hj| YOUR INFRASTRUCTURE TOGETHER? ■v- T wliki i y '<i "'jr* 1 J f j^| new range servers with copper technology you because they are for the new cover every They are open on on you as you on a Together our IBM's
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  • Page 32 Advertisements
    • 49 32 v, Cut costs, maximise productivity, CSv- >.;'V i|-'. "> .y V t Think ahead. Evolve. -v t if. .'V r l J& V l i£V:-W a&>< Breakaway Solutions K -i- b- Customer Relationship Management Supplier Relationship Management Partner Relationship Management Employee Relationship Management Enterprise Business Integration "-k^y -.-4 iI ISv
      49 words

  • Page 33 Advertisements
    • 584 33 THE ASIAN WALL STREET JOURNAL CEO TECHNOLOGY SUMMIT BUILDING THE REAL NEW ECONOMY Monday 18* June 2001 Shangri-La Hotel Singapore Tuesday 19 th June 2001 Singapore Expo Technology is changing the world. The Internet has overturned conventional business strategies and plans, invaded traditional cultures and spawned new ideas. And the
      584 words

  • Page 34 Advertisements
    • 201 34 I business on the net with nv,, c v> t .MffßCßfe'': v CSA Jfc. ua3 Laß 4 1 n Planet www.sun.com.sg Call 1800 FONE SUN (3663 786) for more information. take it to the n th flBHOfo \/J J/fr] SUN MICROSYSTEMS PTE LTD 1 Magazine Road. #07-01/13, Central Mall. Singapore
      201 words

  • SHIPPING TIMES
    • 290 35 Contributed by Simpson Spence Young THERE was a noteable Tanker deal concluded this week with the Vlcc "Berge Kyoto" (290,000/00) being reported sold to clients of Gulf Management in Greece at around US$B3.5 million. Vessels sold for further trading BULK CARRIERS! ♦Iguazu: 75,577 tdw bit 83 Verolme Do
      Contributed by Simpson Spence & Young  -  290 words
    • 309 35 SGX '000 May 25 s$ w CWT Distribution 0.59 -0.02 2 Chuan Hup 0.32 0.01 796 Cosco Investment—0.22 0.01 2598 Freight Links. 0.09 unch 760 GB Holdings 0.41 unch 0 IMC HoWings-HK —5.60 unch 0 Jaya Holdings 0.16 0.01 746 Keppel Corp 3.46 -0.04 928 Keppel FELS 1.06
      309 words
    • 337 35  -  The rule, effective July 1, aims to arrest the introduction of exotic marine pests From] Evelyn Duffy in Perth AUSTRALIA'S quarantine authorities will soon enforce tough ballast water arrangements for foreign vessels as part of the government's quest to arrest the
      FILE PHOTO  -  337 words
    • 209 35  -  By\ Donald Urquhart [SINGAPORE] A Singapore-flagged 85,906 gross ton bulk carrier, Lowlands Beilun, that ran aground late on Friday at Johor Shoal approximately 3 km east of Changi is being refloated. The Tai Chong Cheang Co managed vessel carrying nearly 165,000 metric tonnes of
      209 words
    • 302 35  -  The sale takes group a step closer to its exit from shipping By Beth Jinks [SINGAPORE] Keppel Telecommunications and Transportation (KT&T) has moved one step closer to its impending exit from the shipping business with the sale of the group's fourth vessel last
      302 words
    • 326 35  -  From Evelyn Duffy in Perth WESTERN Australian-based high speed ferry builder Austal Ships has progressively cut its production workforce by more than 200 over the last few months as it endeavours to cope with the current global lull in orders for its craft.
      326 words
    • 118 35 [SINGAPORE] Only days after a costly strike at the Port of Chennai was resolved, cargo movement at Jawaharlal Nehru Port (JNP) in Mumbai was brought to a complete halt last week by striking custom house agents' employees. Export containers are reportedly piling up awaiting customs clearance
      118 words
    • LINER scene
      • 715 36  -  By\ David Hughes A few weeks ago the shippers' groups worldwide were brandishing a "World Bank" report, claiming that it was conclusive proof that conferences and other liner shipping pricing agreements were anti-compet-itive and kept sea transport prices artificially high. Regular readers of this
        FILE PHOTO  -  715 words
    • 290 36 PAGE Alrenkiel 12 Appenship 5 Asia OCL 11 Assets S Austral 6 Avant 12 B'tanq Mas 6 ISA 7 BTL 12 Bangladesh 11 Balaji 4 Batamindo 11 CCNI 7 CMACGM 3 COSCO 3 CSAV 3 9 Central Ex 6 Chahaya 12 Cho Yang 5 China Shpg S
      290 words
    • 18404 42 THEBUSINESSTIMES THEBUSINESSTIMES page 8 EXPORT MONDAY, MAY 28,2001 ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number To ABIDJAN (ABJ) 2003 Cot* D'lvoire 04/04 12/07 Setramar NORASIA SHARJAH 121-04 65-*****33 06/06 17/07 ZIM/Seth NORDSTRAND IW 65-*****12 06/06 IS/07 COSCO HUMEN BRIDGE 0017W 65-*****00 07/06 15/07
      18,404 words
    • SHIPS IN PORT
      • 566 47 Vessel Voy Mo Berth Arrival Departure Jfwg Port Odyroe J17 27/05/770 28/05/800 Bt InUri I ***** J01 27/05/23:00 Bt Septi ***** J01 27/05/13.00 27/05/2300 Bt Pul Tetoc ***** J01 27/05/13:30 27/05/2300 Bt Mega Jaya 01 MAY 01 J01 27/05/14:30 27/05/19:00 Bt Sri Megat ***** J01 27/05/1500 27/05/2200 TimtiertradTI
        566 words
      • 1938 47 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Bookbiq/Balwce Rstls Ship VoyMo Etb/Btr Ptriod From To From ACX DAHLIA 035A 29/840 U 27/1500 27/1659 27/1900 27/HOO n/*» 27/1900 2A 27/1700 28/0659 28/0900 21 27/1700 28/0659 28/0900 3 28/0700 20/1159 28/MOO 4 21/1200 28/M59 28/1700 ANOA 1)28 29/12:00 IA
        1,938 words
      • 188 47 May 28 US: Spring Bank Holiday UK: Memorial Day Canada: Victoria Day Jane 2 Malaysia: King's Birthday Jane 4 Malaysia: Birthday's of Prophet Mohammed SAW Indonesia: Birthday's of Prophet Mohammed SAW New Zealand: Queen's Birthday Ireland: June Holiday Germany: Whit Monday Jane 8 South Korea: Memorial Day Jane
        188 words
      • 794 47 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average sized stem. Market movements are indicated. The Cockett Bunker Price Index change and the
        794 words
      • 548 47 Carbon 180 Max 964.1 0.5 12.5 0.07 40 0.03 May 24 Density Wat* Residue Ask Aluminium Sediment No above E25 0 0 0 0 0 0 22-= T-rrr- 380 Ave 9852 0.3 13.5 0.06 20 0.02 uliS 380 Max 990.6 0.8 16.3 0.08 45 0.04 »t/w3
        548 words
    • AIR & LAND transport
      • 462 48 Europe's 2nd largest airport selling 29% of company in the offer to raise 1 b euros Bloomberg, Reuters [FRANKFURT] The Frankfurt airport management company Fraport has valued the airport to be worth as much as 3.33 billion euros (S$5.2 billion) when it goes
        Bloomberg,; Reuters; FILE PHOTO  -  462 words
      • 327 48 Net profit surged to 40.3b yen, reversing a net loss of 15.2b yen a year earlier AFP [TOKYO] Japan's All Nippon Airways Co Ltd (ANA) said Friday it returned to the black in the year to March due to strong growth in international business
        AFP; FILE PHOTO  -  327 words
      • 122 48 Bloomberg [CHICAGO] AMR Corp's American Airlines, Delta Air Lines-Inc and US Airways Group Inc followed UAL Corp's United Airlines in raising some US fares 5 per cent. America West Airlines also matched the higher fares on Friday, and Continental Airlines Inc and
        Bloomberg  -  122 words
      • 288 48 Bloomberg (BANGKOK) Thai Airways International Pel said it will spend $100 million in the next two years to improve its aircraft cabins and customer services, responding to criticism from Prime Minister Thaksin Shinawatra. "Airlines are competing on providing comfort
        Bloomberg  -  288 words
      • 230 48 AFP [HONG KONG] A Cathay Pacific Airways pilot who was sacked after allegedly throwing nuts at the company's chief executive has had his appeals thrown out, a report said yesterday. Scott Munro, who lives in Australia, twice had internal appeals against his dismissal
        AFP  -  230 words
      • LOG Book
        • 96 48 Xinhua [LONDON] The number of passengers handled by British airports rose by 7 per cent in 2000 to 180 million, according to latest figures from the UK Civil Aviation Authority (CAA). Passenger volumes at the five London airports—Heathrow, Gatwick, Stansted, Luton and City last year
          Xinhua  -  96 words
        • 68 48 Reuters [PARIS] A French high-speed train set a world record on Saturday when it travelled the length of France at an average speed 0f306 kmh. The TGV train left the northern town of Calais at 4.30 pm (1430 GMT) to arrive three hours three minutes
          Reuters  -  68 words
        • 60 48 AFP [JAKARTA] PT Garuda Indonesia will resume flights to the Japanese city of Fukuoka early in July to take advantage of the growing demand for travel there, a report said last week. "In the initial stage, we will start flying three times a week,"
          AFP  -  60 words
      • 1806 48 cwy fuaiT ro mat era tMMi Of81 1930 6A7362 2055 Of 82 2055 Ajnttfitim SO 327 0705 M.838 2255 6*975 1035 $0328 2325 *1837 W55 AacklM* N***** 2045 IH6966 2020 SO 286 2045 *224 2020 $***** 2020 N***** 2045 $0285 2045 Uriki WW 0725 Srtlqnin BI4425
        1,806 words
  • Page 35 Advertisements
    • 18 35 Liner Scene Pg2 Frankfurt airport valued at USs2.9b in IPO BackPg ANA climbs back into the black BackPg
      18 words
    • 137 35 .»««*> —A—» AIRFREIGHT A SPECIAL FEATURE SHIPPING TIMES SO JUNE SOOI L ■ll WM y°u are the 7 logistics and related businesses, BMBMBBMHBML—\*L~ *s 20 June 2001 could bring i unprecedented opportunities. < *£1? That's because Shipping Times For enquiries or 4 JSJ* >L will publish a special feature to
      137 words

  • Page 36 Advertisements
    • 1198 36 I NORTH AMERICA I I EXPOHTJ OTHER DESTINATIONS I rrv r. mrn tiii rrn r rYPBF*W DtftFCT TO I ftPACH 11 WEST COAST OF CENTRAL AMERICA (MARGARITA SERVICE) SSX SUPCB SHUTTLE EXPBESB TO m wi 1 w.cm I imntf IMM tango MB H tMMM WWMW. 12!— Jgg- ».»>. •<> w
      1,198 words
    • 691 36 Lines services represented by (fOOL Members of the f Accredited Shipping Agents, Log.st.cs Singapore Shipping Association socia lOfl CONTAINERS/ (ONVENTIONAI CARGO ran KUWG/SMGATOtE/JAKAffA lIANGKOK VOY KTAPKI. CTASIN ETA MALE KmpmvslJh «6«l 071* IV* Prinmw Ulv «5»l 21/W 2t*t SWB6 LIU MA RINK SERVICES SINGAPORE l*konr 114 72C4/UWW44 Kn: 3147 MC
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  • Page 37 Advertisements
    • 1333 37 TO EUROPE FROM EUROPE VESSEL VOT SIN RTM ANR HAM WV SOU UH IvKSE VOT WW ANR HAM BRV SOU SW API GARNET 103W 31/05 23/06 20/06 21/06 11/06 Art MIS 0231 06/5 10/0S 12/05 13/05 30/05 MOi LOIRE S4IW 01/06 17/06 19/06 22/06 23/06 HY COMMODORE 332E 13/05 10/05
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    • 2292 37 TO ANN T/T :10 DAYS 1 JIDDAM T/T tl2 DAYS I W AQABA T/T: 15 DAYS J GENERAL AGENTS IN SINGAPORE: SO RORINSON ID #12-00 SAJiS/IRGS TEL *****57/43 FAX: 2M5321/71 lAAUYSIA OfFICI TIL 07-*****66 FAX: 07-*****70 r ACT AD (UIMIMC m ITU SINGAPORE *****8 OUTWARD (l/L) *****02 *****25/75 PORT KLANG
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  • Page 38 Advertisements
    • 1437 38 SENATOR LINES TOEUROPE TO MMXXIEAST/KAN/KH) SIA vtssa vot sm uh «w um turn wv m vissa vor mi m dm jb imp HANJIN ROW 00 MW 27.05 010* 10.06 II.M 12.0* 110* 14.0* WmUtP 00 MW 24.05 02.0* ISM M.o* 10.0* HANJIN KHIUNG 0003W 25.05 14.0* 17.0* 14.0* IS.O* 110*
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    • 1118 38 MAC-NELS S'PORE M'SIA Carter: MM CONTVILINES, NIC p. guoang: (07) *****26 I~IWv~ J qj»H0»1-an»IHI8 SOU: (084)*****9 MAMLA: (632)*****24 V w PBUMQ: (04)*****36 BANGKOK: (>B2) *****87 SURABAYA: (31) *****11 P. KELAWQ: (03) *****77 JK? (21) *****46 KUCWNQ (082) *****1-3 MEW YORK 1 BARCIIONA/CINOj MV "KITANO" V.026E MV ETA SIN: 30-05-2001 YOK/TYO/KOBE/OSA
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    • 318 38 THE NEW SERVICE TO thi FAR EAST FROM IST JUNE 2001 NHAVA SHEVA NHAVA SHEVA t COLOMBO COLOMBO t SINGAPORE SINGAPORE t HONG KONG HONG KONG i t BUSAN ►SHANGHAI AGENTS SINGAPORE FAR EASTERN SERVICES PTE. LTD. TEL *****55 C.R. NO. **********0 M HOT LINE: *****15 FAX: *****44 K. LUMPUR
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  • Page 39 Advertisements
    • 1444 39 I VESSEL VOY KHH HKO I SIN PKL DXB BAB PMM BIK IRAN KERMAN PCL-209 29/05 30/05 02/06 03/06 10/06 11/06 13/06 15/06 IRAN ISFAHAN PCL-210 05/06 06/06 09/06 10/06 17/06 11/06 20/06 22/06 IRAN HORMOZGAN PCI-211 12/06 13/06 16/06 17/06 24/06 25/06 27/06 29/06 IRAN TEHRAN PCL-212 19/06 20/06
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    • 422 39 d I I Loading for OCEAN RANGER RDM/ATW/BMNAJK EFESSOS RDM/ATW/BMNAJK Loads Singapore, E7W Malaysia, Indonesia Loading for SEA RENOWN DBl/ABU/DOH/BRN/DMM/KWT PAN EXPRESS HOCVJDH/AQA L DtMfTROVA JDH/AQA PAN QUEEN DBVABU/DOH/BRN/DMM/KWT PBJNOVO DBI/ABU/DOH/BRN/DMM/KWT EVE RISE GLORY JDH/AQA •Loads Singapore, E-/W. Malaysia, Indonesia I Loading for OCEAN EVER MZUCAM/NFK/SAV/NOL IDEE FIXE CAM/NFK/NOL EXPLORER
      422 words
    • 1243 39 EXPORT IMPORT OUW W/OS |5/06 17/%* 11/0* 19/06 20/06 2f/06 IjSj 10/0S n/0S 14/05 17/ OS 03/0* rSkH*S» yH OISW 19/04 06/07 08/07 09/07 jo/07 11/07 12/07 HJ GENEVA 00 j| 31/05 04/04 04/04 09/04 24^04 YOKOHAMA SEN OltW 04/07 21/07 23/07 24/07 2S/07 26/07" 27%T HJ OTTAWA 004E M
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  • Page 40 Advertisements
    • 1885 40 gsa vot |s!w w if iffl rasa I vor sw mm Mil IHUM 71m 21/ OS 02/0* mtiuKir 010 21/ M QLtt msmn W3_jm —sm =—ML. fflg; jg -gflU Ss® IATHU IHUM" 511* 30/0S 02/0* SfiKSi Sffi 224* 254S HWWUM I7s*__ 03£* flfllLa, ~g/£ A»U MUM 550* 07/04 o*/04 05/04
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    • 689 40 INDONESIA NATIONAL LINE TO AUSTRALIA T" FULL CONTAINS* SBWICE VSL VOT WG SM K 1 SB IK POM) AHUM 3*S »/05 »/05 M/Ot 10/06 I J/06 15/06 Miwar "5T m/ 06 05/06 Ti/5 v/H w/06 n/06 POTSDAM ioT n/0611/06 H/M M/ 06 26/06 19/06 NYKPHDf ~9K 10/0610/06 M/ 06 01/07
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  • Page 41 Advertisements
    • 419 41 BSfl a. Imm MYANMA wBBk FIVE STAR UNE r (Myanmar National Line) Loading for Yangon VESSEL VOY SIN PKL PEN PGU RAGO 118W SLD MONG LA 45W SID MAUYSIA AGENTS: ROUSTEAD SHIPPING AGENOES KUL TEL 03-*****300 PKL TEL 03-*****101 PEN: TEL 04-*****02 PGU: TH 07-*****21/4 BANK LINE (A service of
      419 words
    • 1173 41 MMIWHYUNDA^^ERCHANTJWARINECO^TD^^^^ vcsa vot lai I sou Ila I rrw I Mff I hoi Iwv [vßsa~ I vor sou lia rra |aw haa iwv| s« i HYGENBtAL 331W 28/05 19/06 13/06 14/06 16/06 IJ/M 2/ 5 m/M M/K 10/ M 11/ M API GARNET 103W 31/05 11/06 J3/06 20/06 21/06 E®"**™
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    • 981 41 WALLENIUS WILHELMSEN TO WORTH AMD lAIIH AMERICA "OR ROUP HEAVYUFT StRVKI* VISSE VOY l/UHf MIGHT SIN IBC* MAO MIA 1 SAV BAL OOF I NYC I NEW I MOB I TOM AHII2 400Tmh 6.3 M 09/04 15/07 18/07 20/07 22/07 23/07 25/07 29/07 31/07 TARONGA AHII3 400 Tow 6.3 M
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  • Page 44 Advertisements
    • 79 44 fe Penguin Speed Cargo Pte Ltd Iff* SINGAPORE PTE LTD V T»|. 1 a nnin paw IA. nnm 15 McCallum Street #03-01/02 Nit west Centre Singapore *****5 WteUlN ICI 4l UUIU rax I, wzv Fax: (65) *****66 Email: general#ecusin eculine net Website: http://www.eculine.net Batam-Singapore-Batam j 3 Sailings Per Week To
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  • Page 45 Advertisements
    • 534 45 SASIA EXPRESS LINES J SINGAPORE AGENT: JARDINE LINER SUPPORT SERVICES vissti vor swgapok pasibouoahg port«lamc mum buiiaus PARKGRACWT 05/01 26/05/2001 27/05/2001 21/05/2001 SU» INDUCEMENT 30/04/2001 GBACHT 06/01 26/06/2001 27/06/2001 20/06/2001 SUB MPUOMtNT 30/07/2001 GRACHT 07/01 26/07/2001 27/07/2001 20/07/2001 SU» INOUOMIWT 30/00/2001 GRAOfT 08/01 26/00/2001 27/00/2001 20/00/2001 SUP INDUCEMENT 30/09/2001 GRAOfT
      534 words
    • 485 45 MUR SHIPPING INDIAN OCEAN ISLANDS/SOUTH AFRICA VKSE TWU KK Mi IH W N NTS REUNION DM PI CT MUR VOTOI2 15/06 11/06 22/06 25/06 29/16 02/17 12/07 17/07 20/07 21/07 23/07 ALSO Men MM K» MM KM ■MKB IBWHI. SSC SIIWIO ACHKH HI ITP. MAUI MM* *****51/5*4 MM UK HOO9M
      485 words
    • 282 45 IfW ENG LEE SHIPPING CO PTE ITD I Ma5A Ws *****22 (10 IhMl F«i SUNII/SIHtM Cf« ISB2M IOHOC VESSEL VOY SMEU SMETD DESTINATION Dun Doyo 06/01 30/05 31/05 Duma/P Bau/Buolon Sinoi Central 07/01 30/05 30/05 Dum«/Perawong Umon Star 32 04/01 30/05 31/05 Swotovo Union Slot 47 02/01 30/05 30/05 BKK/ICB
      282 words

  • Page 46 Advertisements
    • 622 46 I VESSEL VOY SIN MAA SIN I TIGER BRIDGE 896N 03 03 06 08 12/06 17-17/06 I TIGER SPEED 897N 11 14/06 18-19/06 I TIGER METRO 898N 08 09/06 14 17/06 22 23/06 TIGER RHYTHM 899N 12 12/06 17 20/06 25-26/06 I MILDBURG 08N/01 16-17/06 21 24/06 29 29/06 1
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    • 1171 46 A FREIGHT LINKS EXPRESS PTE LTD jmmsl Penjuru Road, 3rd Level, Freight Links Express Logisticentre, Singapore *****3 Tel: *****11 Fax: *****77 E-mail: flesin@singnet.com.sg PIRECT LCL CONSOL MANZANILLO API TOURMALINE 045E NAGOYA AKASHI BRIDGE ill6l ETA SIN: 04/06/01 ETA SIN: 30/OS/01 CEBU PACIFIC EAGLE 145 MALTA NORASIA SHARJAHI2I-04 ETA SIN: 30/05/01
      1,171 words
    • 1126 46 lin7 I CR NO; 1376M*****C Wtk*t» http://pdzSMs.coai Fn K| J MAIN: HL 02-221-1333 fAX; 02-221-5272 WJw hallvtaW customer sovkltelo2-221-ssw eax:o2-***** »o SINCAfOtfcTONGJOOSHIfWNCmtro E»* GUOO ***** »/0$ OtSWH ***** 30/05 GISIAMG 219» 30/05 GISIANG 2198 30/05 GISENG ***** 02/06 GINA ***** 30/05 GIKIM ***** 04/06 GIUAH 2118 07/06 SHtNUNt 1 2106
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  • Page 47 Miscellaneous
    • 125 47 103E LEGEND- Issued by Meteorological Service Singapore K Thunderstorm /V\ owe i Temperature Wind direction and speed in knots Rain Weather Cloudy Day C** 3 Hazy Sea Conditions Wind speed symbols r~ I Slight <1 2m O Full circle w/o line indicates calm or light and variable winds Moderate 12m-
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  • Page 48 Advertisements
    • 102 48 NOTICE TO TRADE SINGAPORE/PORT KLANG TO MUMBAI RATE RESTORATION With the continuing increase in operating costs, the following feeder operators serving the trade route between Singapore/Port Klang and Mumbai have no alternative but to implement a rate restoration effective 28 June 2001. The following minimum freight rate shall apply for
      102 words