The Business Times, 5 September 2001

Lock icon This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.

Total Pages: 42
1 42 The Business Times
  • 14 1 THE BUSINESS TIMES MITA (P) 107/03/2001 Internet: http://husiness-times.asial.com.sg/ SINGAPORE WEDNESDAY, SEPTEMBER 5, 2001 85C
    14 words
  • 74 1 Dsn M20£5(+5.04) BT-SRI 662J9 (-0.54) ST INDEX FUTURES (+4.00) SIXSCI FUTURES 1§7.40 (+1.00) STOCK MAEKET INDICES Tuesday Change KLSE COMP 687.71 -2.72 NIKKEI 226 10,772.59_+362.91 HANG SENG 11,136.86 +***** SETJNDEX 339.76 -L89 JAKARTA COMP 441.16 +819 MANILA COMP __l,262i8 -1.03 TAIPEI WPI 4,***** +38.76 SEOULCOMP 568.79 +16.96 SHENZHEN
    74 words
  • 80 1 FOEEX RATES lis* s$ l"SS (SS per USS) 1.746 £(l"SS/SS per 1.448 2.528 EURO(L"SS/'SS/E) 0.899 1570 DM 1174 1.245 YEN 1191 68.30 RM 3.800 1177 HKS 7.800 4468 BAHT 44.16 2519 Rl'PIAH 9,092 5108 'SS to 100 units PRIME SATES SINGAPORE* 5.80 KUALA LUMPUR 7.67 JAKARTA .39.00 BANGKOK 9.30
    80 words
  • 1059 1  -  Officials to iron oat details for final agreement Front Eddie Toh in Kuala Lumpur SINGAPORE'S Senior Minister Lee Kuan Yew and Malaysia's Prime Minister Mahathir Mohamad have reached in-principle agreement to resolve the two nations' long-standing bilateral issues. At a
    Photo: George Gascon/ST  -  1,059 words
  • 1000 1  -  Acquisition of Compaq will create giant nearly as big as IBM; wide impact expected for industry, markets, staff From, Jennifer Lien in Silicon Valley HEWLETT-PACKARD Co will acquire Compaq Computer Corp in a US$25 billion stock swap that wiU create a computing
    1,000 words
  • 715 1  -  COMMENTARY Her decisions from now could affect crucially the local and regional operations of the expanded HP, says HBHXBTB PB KENNETH JAMES MUCH was expected of Carly Fiorina when she became the first outsider to head Hewlett-Packard Co in July 1999.
    715 words
  • 109 1 [NEW YORK] Blue-chip stocks jumped in mid-morning trading yesterday amid signs that US manufacturing activity may rebound. At 12 noon EST the Dow Jones industrial average rose 169.32 points to 10,119.07. The surge came as a report showed the National Association of Purchasing Management's
    109 words
  • 489 1  -  Even evening trading session is on the cards Promt Audrey Tan in Hong Kong HONG KONG Exchanges and Clearing (HKEx) is proposing to nearly triple the trading hours of the local bourse to 11 hours each day from the current
    489 words
  • Page 1 Advertisements
    • 91 1 BT COMMENT Lifting Links suspension dangerous Exec Money, Page 20 US purchasing index hits a high Page 17 T M =T V TrW *Tf' Asia-Pacific Maritime 2001 A 10-page special MORE REPORTS, Pg 4 Global staff seen getting short end of HP-Compaq union BT Comment: Merger puts 4,0000r more jobs
      91 words

  • NEXT page
    • 572 2 Beijing ejects it from USslob share sale over investment tonr by Taipei officials Bloomberg [TAIPEI] China and Taiwan escalated a verbal battle over the island's sovereignty that tripped up a foreign bank, Credit Suisse First Boston, (CSFB) for the first time. China's top securities
      Bloomberg  -  572 words
    • 143 2 Deal highlights Current deal value: US$25 billion Exchange ratio: 0.6325 of an HP share per Compaq share Expected closing of deal: First half of 2002 Combined company size: US$87 billion Cost savings: First full year, US$2 billion; by mid-2002, US$2.5 billion annually Staff strength: 145,000
      143 words
    • ON THE grapevine
      • 141 2 RECENTLY, prospective homebuyers at Ardmore Park were surprised to be gently directed by staff of the developer, Marco Polo Developments, to units of its customers who now wanted to sell their property. "They have 14 unsold units but when you enquire, the staff will tell you about other
        141 words
      • 44 2 LAST week. BT ran an online poll which said: Companies should pay more attention to corporate governance. This is how readers voted: Yes, this is what investors are demanding: 81 No. small investors don't care: 15% I don't know: 4*4
        44 words
    • 42 2 IN yesterday's report "Red-hot response to ST Recruit's second pink slip party", it is the Marketing Institute of Singapore not the Management Institute of Singapore that has started a new jobs service on its website. We are sorry for the error.
      42 words
  • Page 2 Advertisements
    • 315 2 12th ASEAN Federation of Accountants L ''■M'jf %fgjr (ffH| Conference I Dates 18 19 October 2001 I Institute of Certified ASEAN Time 9.00 am 5.00 pm I Public Accountants Federation of r ,n f I Of Singapore Accountants Stamford Ballroom, Level 4 I The Westin Stamford Westin Plaza I f
      315 words

  • Page 3 Advertisements
    • 104 3 C2OOl United Air Lines. Inc All Rights Reserved J<S\ i^'W* Tfr- v J 'W; J? ;®-1 SSESsiI 1" *^&*iiWi You'll appreciate the fact that our service to Chicago is 2-3 hours faster than any other airline out of Singapore. And from August 1 October 1, passengers in United First® and
      104 words

  • HP-COMPAQ merger
    • 621 4  -  Expected job cuts of np to 20,000 likely to affect Singapore, Asia-Pac operations By' Tang Weng Fai [SINGAPORE] The buyout of Compaq by Hewlett-Packard is likely to have significant headcount consequences in Singapore and the Asia-Pacific. "They're going to rationalise product
      621 words
    • Article, Illustration
      181 4 Compiled by BT HP in Singapore Started operations: 1970 Management: Chia Wee Boon is vice president managing director for Hewlett-Packard Asia Pacific. Operations in Singapore: Inkjet printer design, customisation and manufacturing, printer consumables, integrated circuits design, package development, manufacturing and testing, fibreoptic and motor control components, infra-red
      Compiled by BT  -  181 words
    • 135 4 'We have done comprehensive integration planning, and have clear metrics to drive our success.' Carly Fiorina, HP chairman and CEO 'Their combined global headcount is in the region of 145,000 of which anything up to 20,000 may be forced to leave.' lan Bertram, regional director, computers and
      135 words
    • 627 4 COMMENTARY BP may have to wield a big axe to cut costs, says Lee Ban Shih THE Hewlett Packard/Compaq merger will put another 4,000 jobs in Singapore at risk. Many will no doubt think this figure is an exaggeration. Some might
      627 words
    • 495 4  -  Venture and Omni among major gainers in active trading By David Boey [SINGAPORE] Hewlett-Packard's takeover of Compaq gave a fillip to technology stocks in Singapore yesterday, particularly electronics contract manufacturers thought to benefit from a pumped-up HP. However, analysts warned that it was
      495 words
    • 519 4 Reuters [SINGAPORE] Hewlett-Packard's US$25 billion takeover of Compaq stirred a widespread rally in Asian technology stocks yesterday, but analysts warn the after-effects could be detrimental. While cost-cuts and layoffs have not been disclosed, analysts say the merger will result in reduced product lines
      Reuters  -  519 words
    • 551 4 Reuters [LOS ANGELES] The proposed merger of HewlettPackard and Compaq would create a technology giant and seal the reputation of its new chief executive as the most powerful woman in business. Carly Fiorina, 46. who has presided over a rocky two years at the helm
      Reuters  -  551 words

  • Page 5 Advertisements
    • 131 5 ***** United Air Lines. Inc All Rights Reserved WK/KKKKBKSy^m^*. l j *ip?s" iS v m W. 1 :v;^T'~>>:!%-PPHP!pPSBp?' -IrT'•-1 rT t*v.v..^^?4--?# :;s4ls."is?^:-.^,':.*;■ '7■ :4 V r-vMj- 1 I>6 *S^J^ i 1 ™,»r r y z /*5?-* '"J3 -A, 1^ RKpiifeScsst Being a United hub, Chicago is where the heart is
      131 words

  • SINGAPORE companies
    • 514 6  -  Six-month grace period to resolve competition, conflict of interest issues By' Ven Sreenivasan IN a move that contradicts the terms of an original takeover agreement, Kim Eng Holdings' Greater China unit Kim Eng Holdings Hong Kong (KEHK) will operate side by
      514 words
    • 217 6 Reuters UNITED Overseas Bank (UOB) shares gained yesterday on expectations that weighting in key stock market indices would increase as its takeover of Overseas Union Bank (OUB) nears completion. UOB closed up 40 cents, or 3.5 per cent, at $11.90. Total volume was over
      Reuters  -  217 words
    • 175 6 Bloomberg CABLE Wireless Pic is selling US$44O million of Singapore Telecommunications Ltd bonds it received as part payment for its stake in its Australian unit, investors offered the bonds said. The bonds, half maturing in five years and half in seven, are being offered to
      Bloomberg  -  175 words
    • 209 6 Reuters [CANBERRA] Australian Prime Minister John Howard said yesterday international financial markets would have been spooked if Canberra had rejected a bid by Singapore Telecommunications for Cable Wireless Optus. The Conservative government last month approved SingTel's US$9 billion takeover offer for
      Reuters; REUTERS  -  209 words
    • 794 6  -  lock siew david boey SEMBCORP Industries' expectations that its net profits for the year would climb at least 30 per cent appear to have received a muted response from the market, judging by how SembCorp shares have dipped since its mid-Au-gust results briefing.
      794 words
    • COMPANY Briefs
      • 63 7 LION Asiapac has returned to the black with a $7.9 million net profit for the year ended June 30, compared with a previous full-time loss of $25.4 million. Turnover more than doubled to $88.5 million from $31.1 million previously. Earnings per share came in
        63 words
      • 45 7 PARKWAY Laboratory Services said first-half2ool net profit rose 5.1 per cent to $2.5 million. Turnover increased 3.7 per cent to $12.4 million on higher revenue from doctors operating out of its medical centres, clinics and Singapore-based hospitals.
        45 words
      • 72 7 SMB United announced net profit for the first half gained 1.9 per cent to $3.4 million. Turnover rose 14.9 per cent to $63.8 million from $55.6 million, mainly on a better performance by the manufacturing, trading and building services divisions. Net profit was
        72 words
      • 89 7 COMFORT Transportation has acquired 20 buses from Hong Zhan Transport Trading Co. It paid an estimated $1.5 million for the fourteen 19-seaters, five 45-seaters and one 30-seater—with half of them being less than five years old. Together with 10 brand new buses it
        89 words
      • 39 7 UNISTEEL Technology reported a 14.6 per cent jump in interim net profit for the period ended June 30 to $3.64 million from $3.16 million previously. Turnover also rose 8.2 per cent to $18 million.
        39 words
    • 390 7  -  Sales of the boxes seen raking in $10m by end of neztyear By' Ven Sreenivasan MAINBOARD-LISTED freight forwarder Air ocean expects the sale of its newly-developed non-elec-tric refrigerated containers to account for a significant slice of revenue within a couple of years. Airocean's
      390 words
    • 389 7 Takeover deal with group led by Sweden's Tektronix turns on SGX nod by Sept 15 Reuters CONSTRUCTION firm Poh Lian said yesterday its US$272 million reverse takeover plan would lapse in two weeks if the Singapore Exchange does not approve it. Poh Lian late
      Reuters  -  389 words
  • Page 6 Advertisements
    • 390 6 PMCMATeRHOUSE(OOPERS d In recent weeks we have seen an amended Banking Act arriving together with some significant changes to various MAS Notices. Prior to this, we have seen some fundamental changes to other MAS Notices such as MAS 757 on Internationalisation of the Singapore dollar. This Regulations Update seminar focuses
      390 words
    • 192 6 Due Diligence For Mergers ftriShisitions 26-27 September 2001, 9.30 am to 5.00pm, Grand Cfiothor ne Watorfrftat iiniii ftimmtflrtr J jy JF^■HHH Nowadays, there is an increased likelihood of failure in the M&A process when the buyer has not carried out a thorough investigation of the target company prior to dosing
      192 words

  • Page 7 Advertisements
    • 34 7 mi I Chinese consumers are I I bombarded I I sexy I Ipin-ugs I H JB lei !J^^29cQ^^2u3lQuS^3lli£XiS2i2iliflPS PROPERTIES The Straits Times Classified. >r^ Classifications 402 568. IciS Buy H. Scl It. Find It.
      34 words
    • 488 7 iCf* jim| jK »v*5L JSy iffr^* ii j a i n .'■T l tj in vL y T VT j t^:#t^*« —w. m i^^ _^^^^^K_ l SJr^ P' 4'v fcr J ■Hifc-_ *7 Itr *^p>l^jf^MiLr. v ri: a\i J, A3E' **iyjfci3l^SiHp3!W^^S^v Save up to 30%* on ANA to the USA♦
      488 words

  • SINGAPORE markets
    • 619 8  -  l I comment STOCKS r. sivanithy NEWS that US tech giant Hewlett-Packard plans to take over Compaq Computer injected some life into the flagging electronics sector yesterday and helped the Straits Times Index reverse a 10-point intra-day loss to close a
      619 words
    • 623 8  -  llonger view CURRENCIES A sustained break below 10,000 opens op 115 yen and 551.72 targets for US$ larry wee THE past week has seen the US economy scrape through Q2 with 0.2 per cent growth, eurozone interest rates adjusted downwards and the yen
      Source: Reuters  -  623 words
    • Article, Illustration
      555 8 Stocks Volume FuYuMfglOc 18,753,000 PNE Ind 10c 15,053,000 SingTel 15c 9,931,000 KlVentures 10c 9,861,000 Surface MT HK20c 9,323,000 STEngglOc 9,125,000 AddvalTech 2.5c 8,706,000 Autron 7,932.000 Frontline 5c 7,810,000 UniFood HK25c 6,228,000 Stocks U08 72,457,934 VentureMfg25c 58,295,678 DBSGrp 39,923,840 SIA 33,584.900 Datacraft 10c 30.025,538 Chart Semiconductor 26c 23,591,760 ST Engg 10c
      555 words
  • 3344 8 UNIT TRUSTS FUNDS Abardasn AiMt Mgt Asia Ltd Aberdeen Select Portfolio: American Opport Fd 0.730 0.767 Asian Fixed Income Fd 1 096 1.130 China Opportunities Fd!** 0.853 0.896 Cont Euro Eqty Fd!** 0.927 0.974 Global MNC Fd 0.630 0.662 Global Technology Fd!** 0.481 0.506 Indonesia Equity Fd!** 0.720 0.757 Japan
    3,344 words

  • SINGAPORE news
    • 526 9  -  Successful bid seen setting benchmark for inner-city living in Singapore By 1 Vince Chong THE future of high-density inner-city living could hinge on the outcome of a tender launched yesterday by the Urban Redevelopment Authority for a site at Gopeng St
      526 words
    • 284 9  -  P=H4 on the economy wholesale prices By Serena Ng FALLS in prices of petroleum products and non-oil products resulted in a 2.1 per cent year-on-year drop in the Singapore manufactured products price index in July. The decline follows a year-on-year rise of one per cent
      Source: DOS  -  284 words
    • 309 9 SINGAPORE and Belgium have agreed to co-operate on creating a computer virus alert system. Communications and Information Technology Minister Yeo Cheow Tong and Belgian Telecommunications Minister Rik Daems yesterday signed a memorandum of understanding (MOU) setting out a framework for co-opera-tion.
      309 words
    • 490 9  -  t'-ii exclusive I It's still looking at Bangkok plan to hire foreign equity investors Byi Conrad Raj THE Government of Singapore Investment Corporation has denied Thai newspaper reports that it had made up its mind on a proposed plan by the
      490 words
    • 197 9 ACCOUNTANTS from Southeast Asia will gather at a conference here next month to discuss issues such as auditor independence, globalisation of financial services and harmonisation of accounting standards. The Institute of Certified Public Accountants of Singapore (ICPAS) will host the 12th Asean
      197 words
    • 118 9  -  MAIUSEMH Goh Chee Kong Director, Corporate Communications Singapore MRT Ltd I REFER to the item "Nice recovery" in the On The Grapevine column (BT, Sept 1). We wish to clarify that the free shuttle bus services were provided by Singapore LRT Pte Ltd
      118 words
    • 147 9  -  Lau Yeow Sin Singapore I REFER to the commentary 'The China threat that isn't" by Vikram Khanna (BT, Sep 3). China is growing into an economic power but whether South-east Asia will get more out of China's growth depends on how
      147 words
  • Page 9 Advertisements
    • 67 9 We welcome letters. E-mail us at btletter@sph.com.sg or fax us at *****71, or write to: The Business Times, Times House, 390 Kim Seng Road, Singapore *****5. We need your full name, address and telephone number, so we can verify it came from you. Please use temperate language, and bear in
      67 words
    • 18 9 Must pens www.cartier.com Singapore: Ngee Ann City Tel 734 2427 Hilton International The Shopping Gallery Tel 235 0295
      18 words

  • BT motoring
    • 674 10  -  i I exclusive Hydrogen-refuelling outlets could be set up in S'pore as early as next year, writes CHRISTOPHER TAN CHRISTOPHER TAN ENERGY group BP is in ground-breaking talks to set up hydrogen-refuelling stations here as early as next year, a move it is studying with
      674 words
    • 260 10 DESPITE the economic slowdown, demand for Mercedes-Benz taxis is still strong. According to Motor Traders Association figures, 150 Merc cabs were delivered up to July this year, up from 85 for the whole of last year. This has pushed Singapore's Mercedes
      260 words
    • 495 10 YOU'VE seen it in movies like Terminator, Independence Day and The Rock. But if you were at Sin Ming AutoCare on Monday and Monday alone you would have seen the Hummer up close. The ultimate macho offroader, a US military vehicle somewhat adapted for civilian
      PHOTOS BY ARTHUR LEE  -  495 words
    • 410 10  -  Aim for sale of 10 parallel-import cars a month for a start All reports by Christopher Tan FORMER top Mercedes-Benz dealer Alpine Group has set up a Merc parallel-import business two years sifter ceasing to be a Cycle Carriage agent for the luxury
      410 words
    • BUMPER to BUMPER
      • 93 10 BMW will recall 500 new Minis to its Oxford factory in the UK because of a design fault that could trigger an explosion. Hie company says there is a small risk that static electricity could spark when a fuel pump nozzle is inserted into
        93 words
      • 100 10 MG ROVER has renewed contact with Malaysian national car-maker Proton and its UK sports car and engineering subsidiary Group Lotus on possible long-term engineering and technical collaboration on new models. According to the Financial Times, MG Rover is talking with suppliers and potential technical and
        100 words
      • 130 10 SUZUKI Motor and Kawasaki Heavy Industries, the third and fourth largest erf Japan's Big Four motorcycle manufacturers, will join forces in an effort to revive sales in Asia, the US and Europe. The alliance the first in the Japanese motorcycle industry will come
        130 words
      • 111 10 DAIMLERCHRYSLER is expected to take a 30 per cent stake in Australian engineering company Bishop Technology Group. The deal has been two years in the making and is expected to be announced soon by DaimlerChrysler. The Bishop group, founded in 1965 by Arthur Bishop, now 83,
        111 words
      • 65 10 TOYOTA Motor and Sony Corp will co-operate in developing next-generation cars incorporating artificial intelligence, AFX said, quoting the Nihon Keizai Shim bun. The partners plan to unveil their prototype at the Tokyo Motor Show in late-October. Observers expect Sony and Toyota to incorporate voice-recognition
        65 words
      • 81 10 DAEWOO'S Polish van-making unit has filed for bankruptcy, the Financial Times reported. Daewoo Motor Polska, the smaller of the South Korean company's two Polish auto-making divisions, filed an application with a court in its home city of Lublin, in south-eastern Poland, due to problems meeting
        81 words
      • 112 10  -  Compiled by I Christopher Tan MAZDA Motor does not plan to reduce its earnings and sales targets, according to Bloomberg. Shares of Japan's fifth-largest automaker have fallen 22 per cent this year, making it the worst-performing major auto stock. The shares fell to a
        112 words
  • Page 10 Advertisements
    • 58 10 .sUjj rrf^S^lgSg^Eßß^H^^ ■Elf BARBER MINAMIfI WjE^ c italised cis well, fcv Special rate for shaves too! v f^s±g BARBER MINAMI Opening Hours: 11.00 am -9.00 pm (Mon- Fri) 10 00 jun 7.00 pm (Sat/Sun/Pti) 177 River Valley Rd, #03-22 Liang Court Complex Singapore *****0 BARfttlt MINAMI, TAKAASHMMYA TEL: 738 5636
      58 words

  • Page 11 Advertisements
    • 55 11 I ns t ea d. we provide a wide range of low-cost outsourcing services and solutions that suit your company's I 0^S 6 ccoun payroll, manufacturing, logistics, SCM (Supply Chain. I Hitachi to inspiring the_ future. With experience in many business areas we are I Call (65) 231 2209/35 or
      55 words

  • EDITORIAL & opinion
    • 727 12  -  ■TTT4 bottom lint* OPINION al labita The writer is BT's Manila correspondent THE Philippines' spate of high-profile kidnappings targeting foreigners may not have been the handiwork of Muslim bandits in the high seas. Allegations in the Philippines Congress point to the possibility that the Armed
      727 words
    • 103 12 The danger to the digital economy's longevity is not from the bursting of the dotcom bubble. Those effects are minuscule compared with those inflicted by breaches of trust.' -Richard H Brown CEO of technology giant EDS, on online invasions ofprivacy. 'We are talking about a war waged
      103 words
    • 594 12 EDITORIAL THE withdrawal of the bid by Singapore Airlines (SIA) for a minority stake in India's national carrier Air India is a blow both to Indian aviation and to the country's fledgling privatisation efforts. It should also be a wake-up call for the Indian government to
      594 words
    • 1110 12  -  If corporations take precedence over people, globalisation will suffer the same fate as socialism Byi Chandrashekhar Gupta The writer, who has been in banking and financefor three decades, is a director ofan Asian-based fund management and advisory group GLOBALISATION is a grand
      AFP  -  1,110 words
    • 835 12  -  COMMENTARY Mexico may soon overtake Brazil as Latin America's biggest economy By Tom Vogel The writer is a columnist for Bloomberg News. The opinions expressed are his own. Bloomberg [SAO PAULO) If you want to quickly end an interesting dinner conversation, mention the word
      Bloomberg  -  835 words

  • REGIONAL news
    • LATE Briefs
      • 74 13 Reuters Ibawukukj iNU Barings has upgraded Thailand to neutral from a zero investment weighting and raised the Thai stock market target to 375 points from 360, citing a better outlook and attractive yields and valuations. "In the case of Thailand, we believe it is time to
        Reuters  -  74 words
      • 79 13 AFX [KUALA LUMPUR] Rating Agency Malaysia, which rates companies and their debt issues, is looking into rating individuals as well, the Malaysian Business Times reported, quoting RAM executive Awang Zaaba Awang Mahmud. "At the moment, all individual loan seekers are treated the same, irrespective of
        AFX  -  79 words
      • 85 13 AFX [KUALA LUMPURJ Malaysia's Deputy Prime Minister Abdullah Ahmad Badawi said the local auto industry may see more mergers and joint venture agreements as a result of globalisation and as companies seek to raise their competitive edge. "Our motor industry is certainly one area
        AFX  -  85 words
      • 105 13 Dow Jones Newswires [BANGKOK] Thailand's government has given Malaysia a Sept 16 deadline to propose compensation for its refusal to reduce automotive tariffs under the Asean Free Trade Area (Afta) scheme, the Bangkok Post reported. If Kuala Lumpur fails to respond, Thailand reserves the right
        Dow Jones Newswires  -  105 words
      • 78 13 Bloomberg [MANILA] RFM Corp, the Philippines' second-biggest food and drink maker, has denied allegations by a congressman that its owners were involved in insider trading and share price manipulation. Last week Augusto Syjuco, a member of the House of Representatives, accused RFM chairman Jose Concepcion
        Bloomberg  -  78 words
      • 62 13 Reuters [PHNOM PENH] Some 300 Cambodian workers attacked the offices and vehicles of a Taiwanese-owned shoe factory on Tuesday after a plan to lay off workers was announced, police said. The violence flared over a plan to cut 600 jobs at the Ming Da Footwear factory,
        Reuters  -  62 words
    • 414 13  -  He's re-designated non-exec chairman; Mike Krishna n appointed MD From] Eddie Toh in Kuala Lumpur ANOTHER associate of former Malaysian finance minister Daim Zainuddin has loosened his grip on his debtladen company. Businessman Wan Azmi Wan Hamzah, who was previously the chairman of
      414 words
    • 348 13  -  Debt management firm expects to get backßM2&2b From Diana Oon Abdullah in Kuala Lumpur MALAYSIA'S debt management company Danaharta yesterday said it expects to complete dealing with almost its entire RM4B billion (Ss22 billion) portfolio of bad loans by the
      348 words
    • 450 13  -  Global IT firms in KL for multimedia corridor meeting From Diana Oon Abdullah in Kuala Lumpur MALAYSIA'S Multimedia Development Corporation recently conferred MSC status, which provides tax breaks, on its 500 th company, Biodata Information Technology Malaysia. It is also the 45th company
      450 words
    • 436 14 JAKARTA It'd be on top of last year's USss.Bb debt relief deal Reuters, AFP INDONESIA will seek to reschedule an extra US$6 billion in foreign debt through the Paris Club of official creditors next week to ease pressure on its ailing budget and give
      Reuters,; AFP  -  436 words
    • 741 14  -  l I comment ASEAN Bat an extradition treaty between Singapore and Indonesia is still a thorny issue yang razali kassim HOW perceptions can differ. Like the proverbial glass that is half-full or half-empty, perceptions of relations between two countries can also differ, depending on
      741 words
    • 408 15 SHANGHAI Move aimed at curbing volatility, luring more institutional investors Reuters CHINA from next Tuesday will begin marketing its first Western style mutual fund, which analysts say is aimed at curbing volatility and attracting more institutional and retail investors to the stock
      Reuters  -  408 words
    • 148 15 HONGKONG Reuters LI Ka-shing, Asia's richest tycoon, has increased his stakes again in his flagship companies Cheung Kong (Holdings) and Hutchison Whampoa Ltd in a show of faith in their prospects. Mr Li spent HK533.19 million (Ss7 4 mdlion) last week for
      Reuters  -  148 words
    • ASIA Notes
      • 86 15 Reuters [CALCUTTA] India is planning a one-biUion-rupee (Ss3s miUion) venture fund to promote biotechnology in the country, a government official said yesterday. "We are planning a biotech development fund of 100 crores (one bUlion) to promote greater investment (in biotechnology)," Manju Sharma, Secretary, Department of
        Reuters  -  86 words
      • 86 15 Bloomberg [BEIJING] China Everbright Ltd, an investment arm of China's Cabinet, said yesterday that first-half profit feU 17 per cent on lower brokerage unit earnings. Net inconv fell by more than half when one-time gains are included. The company, which owns a bank and brokerage
        Bloomberg  -  86 words
      • 46 15 Dow Jones News Wires [TAIPEI] More than 10 financial holding companies are being planned in Taiwan, Economic Daily News reports, quoting Minister of Finance Yen Ching-chang. The financial holding companies law is slated to be implemented in November. Dow Jones News Wires
        Dow Jones News Wires  -  46 words
    • 412 15  -  Meeting this week to focus on technical and financial backing From Shada Islam in Brussels EUROPEAN Union (EU) leaders meeting Chinese Premier Zhu Rongji this week will promise technical expertise and financial backing for Beijing's efforts to open the country to foreign
      412 words
  • FINANCE
    • 302 13  -  STXndex/MSdSTpore Index C K Lau Refco Singapore RALLIES in regional markets and a rise in Nasdaq futures propped up the Singapore share market yesterday. The benchmark Straits Times Index closed at 1,620.55 a gain of 5.04 points, or 0.31 per cent with 21 gainers and
      302 words
    • 234 13  -  MS& Taiwan Index Daniel Wong Refco Singapore STOCKS of companies that supply parts to HewlettPackard rose yesterday, lifting the Taiwan market, after HP said it would buy Compaq Computer for US$25 billion in stock. The MSCI Taiwan Stock Index climbed 2.93 points, or 1.41 per
      234 words
    • 237 13 Reuters London THE euro fell to three-week lows against the US dollar on Tuesday and plumbed its weakest level for six weeks against the yen as its faltering rally encouraged investors to get out of long euro positions. News that US computer giant Hewlett-Packard was buying Compaq Computer
      Reuters  -  237 words
    • Article, Illustration
      1260 13 nrrBRBAMX CROSS BATES Sep 4 ttftrtCTO Ffr Dw HK$ ted K» KwpiH Vtw Won S$ taiK Sir WTS Bafct Po— US$ 0 8,1 I; 583 3-823 l- 40 40W 24.724 47.665 0.625 6.712 1992 1209 33.597 26.813 0.915 4.437 0.884 18.113 23.148 0.362 0 524 Canada 1233 5.365 0.719 4.714
      1,260 words
  • Page 13 Advertisements

  • 1856 14 Siw rUTOJUa Sep 4 RUB8ER (Marcs closing «s at SJ0p«) RSS 1 CONTRACTS cents/kq) ClOM iotm* Open Mowth jfw Sett (towwi) Interest Oct 01 I 102.50 I Ho* 0» 103.50 Deed KM. 50 Jan/Mar 02 106.25 RSS 3 CONTRACT (US cents/kg) Volume Open •to"** H|9h Low Sett (ton—s) Interest
    1,856 words
  • Page 14 Advertisements
    • 455 14 Page 14 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 ANO IN THE MATTER OF CREAMERS TRADING PTE. LTD. (IN MEMBERS VOLUNTARY LIQUIDATION) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of CREAMERS TRADING PTE. LTD duly convened and held at 5001 Beach Road. #04-11 Golden
      455 words
    • 446 14 IN THE MATTER Of THE COMPANIES ACT, CAP. SO AND IN THE MATTER Of SEN-HUA CONSULTANTS (PTE} ITD {In Memb«fs Voluntary liquidation) At on Extroordinory General Meeting the members ol the abovenamed Company duly convened and held at 336 Smith Street #06-308 New Bridge Centre Singapore *****6 on the Isi
      446 words
    • 368 14 IN THE MATTER Of THE COMPANIES ACT, CAP. 50 AND IN THE MATTER Of El VENTURES PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE Of fINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 ol the Companies Act, Cap 50, that a Final Meeting ol the Members of the above-named
      368 words

  • 7669 15 HONG KONG v«i MK$ COOP) AcrossAsia Multimedia 1.04 unch 0 Alpha General 0.03 unch 2450 Amoy Prop 8.50 0.15 3224 Ananda Wing On 0.08 unch ***** Angang New Steel H 0.76 0.02 ***** Anhui Conch H 1.61 0.01 880 Anhui Expressway H 1.28 0.02 634 Arcontech Corp 1.09
    7,669 words
  • Page 15 Advertisements
    • 666 15 Page 1 M■!! call toll-fre 1800 741 1883/ Email recrnits*»pk.coa.»g IN THE MATTER OF THE COMPANIES ACT. CAP 50 TIMES MIRROR PTE LTD MEMBERS VOLUNTARY UOUIOATION At an Extraordinary General Meeting of the Company convened and held on 28th day of August 2001, the following resolutions were duly passed 1
      666 words
    • 1011 15 FINTORET B.V. as Issuer (Incorporated with limited liability in Mauritius) PT KALBE FARMA TBK as Guarantor (Incorporated with limited liability in the Republic of Indonesia) NOTICE OF A MEETING of the holders of the outstanding U5546,650,000 Guaranteed Floating Rate Notes Guaranteed by PT Kalbe Farma Tbk Notice is hereby given
      1,011 words
    • 229 15 FORM 69(3) IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF HILL DELAMAIN (S) PTE LTD (IN CREDITORS VOLUNTARY LIQUIDATION NOTICE OF INTENTION TO DECLARE DIVIDEND TO CREDITORS Name of Compaov HILL a DELAMAIN <S) PTE LTD (IN CREDITORS VOUMARY UQUDATION) Address of Registered Office
      229 words

  • BIZ woman
    • 375 16  -  A champion of artistic quality, she never pulled her punches, writes mUEL ITAIJE HILLEL ITALIE AP [NEW YORK] MOVIE critic Pauline Kael, a brash, witty champion of artistic quality who thrashed both facile commercialism and self-indulgent pretense from her lofty perch at The New Yorker,
      AP  -  375 words
  • Page 16 Advertisements
    • 245 16 WhfFP tft winp Hinp ddH pntprti)in Dinersciub Diners Club Credit Card *PPh> ca^: yy IICIC iU nine, UIIIC 4IIU eillCi 1d111... *Wlnternational Defujjtjjy the first card in the wor|d Jjfcflgj 290 4545 The perfect time to relax and unwind Happy Hour at the Garden Terrace poolside bar With our buy-on«-qet-on«-FREE*
      245 words
    • 122 16 '"i 4tHr Aptly described as a tropical paradise, the Lounge Bar sers^HjM^Lt^BlHp the mood for you to unwind with Rubatos the Resident Band's popular sentimental hits. Happy Hour from HBr. Ladies Night on Thursday where the second For enquiries and reservations, please call 330 3593, fax 330 3548 or email
      122 words
    • 139 16 mm Rolf Knie's Lounge features a variety of premium wines to suit any discerning taste. Now guests will be able to choose 3 different sizes: "Taste", "Appreciate" or "Enjoy" the six wines available. The six featured wines will be changed fortnightly and sourced from famous wine regions. For more details
      139 words
    • 66 16 3I»K P A V Oet Lunch sg.so MENU Mot French Onion Soup Seafood Skewer Tue Cream Of Mushroom Pork Rib Wed Clear Vegetable Soup Beef Goulash Thu Seafood Gumbo Porte Piccata Fri Cream Of Tomato Fish Of The Day French Bistro, Cozy Ambience. Oyster, Salmon, Escargot Apple Pie Reasonable Price
      66 words
    • 89 16 lull Enjoy Authentic VIETNAMESE FARE at Chatterbox Coffeehouse 29 August 9 September 2001 A-la-carte and set menus at S2B+++ per person are available for lunch and dinner daily. CotffrboiM I Mamlari/t ||J Ammwt >OKJ,— o >.«% r= z I 333 Orchard Road. Singapore *****7 W: 737 4411 F» 732 2361
      89 words
  • Page 16 Miscellaneous
    • 350 16 CRYPTIC CROSSWORD ACROSS (7) 1 Jack's shared fund (5) 3 Bitter. possibly, after year in uni- [i |2 [3 Hp I 5 |g [7 jo 4 Daily strike that Keeps sheets to- versity (4) getter (9) 5 Swirling spiral known as work- Hi HI 9 Spot doctor with work permit
      350 words

  • WORLD news
    • LATE Briefs
      • 91 17 Bloomberg [LONDON] Marconi pic, whose stock has declined 78 per cent in two months, said chief executive George Simpson and chairman Roger Hum have quit after transforming the company into the UK's largest telephone-equipment maker. The company named Mike Parton, head of its networks unit, as
        Bloomberg  -  91 words
      • 89 17 AFX [TOKYO] More than 140,000 jobs in the auto industry may go by 2005 as companies struggle to boost efficiency and increase profits amid a prolonged global economic slump, the Confederation of Japan Automobile Workers' Unions said. The confederation's policy bureau chief, Yoshiro
        AFX  -  89 words
      • 62 17 Bloomberg [ENGLEWOOD, Colorado] Liberty Media Corp has agreed to pay Deutsche Telekom AG 5.5 billion euros (SsB.6 billion) for six cable networks. The purchase will make the US company Germany's biggest TV cable network operator. The networks being bought serve 15 million homes and 10
        Bloomberg  -  62 words
    • 523 17 Rise fuelled by increases in new orders and production; economists see manufacturing turnaround WASHINGTON AP Bloomberg, Reuters AN index of US manufacturing rose more than expected in August to the highest level in nine months, a sign the worst may
      AP; Bloomberg,; Reuters  -  523 words
    • 461 17 LONDON Mobile systems to see zero to modest growth in 2001,2002 Reuters, Bloomberg SWEDISH telecoms equipment group Ericsson cast a still darker cloud over the hard-hit telecoms industry yesterday by saying it saw no clear signs of a recovery in the market next year.
      Reuters,; Bloomberg  -  461 words
    • 131 17 SAN JOSE, California Reuters SEMICONDUCTOR sales worldwide dropped more than 37 per cent in July, hit by slowing economic activity and bloated inventories, an industry association said yesterday. Worldwide sales of semiconductors fell to US$lO.B6 billion in July, from U5517.29 billion a year
      Reuters  -  131 words
    • 377 17 FT [NEW YORK] Six chief executives from US and international companies have already booked Jack Welch as their private leadership consultant the role he will take after he retires on Friday as chief executive of General Electric, the US conglomerate. Mr Welch,
      FT; REUTERS  -  377 words
    • 276 17 SEOUL Bloomberg SOUTH Korea's Cabinet resigned to protest Parliament's vote of no-confidence in the architect of President Kim Dae Jung's unification policy with the North. The political convulsion may impede Mr Kim's efforts to conclude rescue plans for companies and to revive an
      Bloomberg  -  276 words
    • 528 19 TOKYO Bank stocks fuel biggest increase in Nikkei in 3 weeks Bloomberg PRIME Minister Junichiro Koizumi stili plans to get Japan's biggest banks to write off their worst loans in two to three years, a target the nation's banking regulator last week
      Bloomberg  -  528 words
  • 2274 17 BOMBS A WARRANTS U-«eak 9nt% U*n M L_ W lattMto ><1 SUM C« (Mr MK MM W 1 f *m M* Prto (aNMitft) Mm m» <%> tog uft 39.5 26 s ASTI******1 ?s 47.5 13.5 Amtek ******0 J J! 28 24.4 1 16 11 1.41 33 22.5 5
    2,274 words

  • BT golf
    • 793 18  -  The VW Golf Centre, bought by car distributor Group Exklusiv in March last year, offers features not found elsewhere, such as air-conditioned driving bays, pk ohg reports PK ONG PK Ong is a freelance writer I" T may not be set in lush, green surroundings
      PHOTOS BY RICHARD CHNG  -  793 words
  • Page 18 Advertisements
    • 135 18 Its timeless quality doesn't suggest a fountain of youth. But it does add a spring to your step. c- itttiln fl S B^SHN^ictfccw... v The Bora. A masterpiece of precision workmanship, the Bora retains its worth even after many years and thousands of miles. This luxurious sporty saloon also offers
      135 words
    • 320 18 With Volkswagen Golf Centre 590 Toa Payoh East Singapore *****4 Tel: 254-5349 Operating hoars: 7am to 1 lpm daily Rstesc Peak —70 ballsfor $5 3pm to 10pm, Mondays-Fridays; 7am to 10pm, Saturdays, Sundays and public holidays Off peak —110 balls for $5 7am to 3pm, Mondays-Fridays PRO TIPS Teaching and
      320 words

  • 8087 19 SGXMAINBOARD 6r Gr MOT S2-Wfc List Vol Day List Qaote M» ON TW MM Cm W# low Cowpioy Salt rWW M* lo» —ym Mo Cw W J Wa MULTI-INDUSTRY 143 34 5 c AcmaSOc 3S5 -0.5 162 36 34 5 35 35.5 0.5 19.9 0 7 9.3 616
    8,087 words

  • EXECUTIVE money
    • 530 20  -  comment YOUR MONEY SIAS solution of lifting the firm's suspension is fraught with danger given Links'precarious listing status and risk of losses to the public r. sivanithy THE Securities Investors' Association of Singapore (SIAS) has come up with what appears to be a novel solution to
      530 words
    • 996 20  -  Mg?man!ete By Robert Halili The writer is managing director of Asia Insider Limited. He is assisted by Ngia Soon Chai in Singapore THE buying momentum has slowed considerably with the Singapore sentiment index falling for the third straight week after reaching a 46-week high 0f39.38
      Source: Asia Insider  -  996 words
    • 632 20  -  WMfMUI markets In its favour: plans for new models, stable COE prices, property lannch to* Kevin Scully TAN Chong International has been ignored by the market for several reasons. One is possibly a legacy problem from the Clob saga. Another is the
      FILE PHOTO  -  632 words
  • Page 20 Advertisements
    • 256 20 I INTRANET macro! SOLUTIONS -scin JLjim SEMINARi Grab this chance to expand your knowledge! View a showcase of intranet solutions developed by Macromedia's partners, and learn how you can set up intmnets quickly and affordably with Macromedia application servers. v >:■ WHEN: Friday, 14th September 2001 WHERE: Revenue House, The
      256 words
    • 9 20 ■I net research www.netreieorch-asio.cofr! on Actra toehcapeMotor •Wtacantrf ttrrWn<.Mw<ltoM
      9 words

  • Asia-Pacific Maritime 2001
    • Article, Illustration
      343 21 The who's who of shipping and ports have arrived in Singapore for today's opening of Asia-Pacific Maritime 2001 the premier maritime event for a region that is rapidly emerging as one of the most important in this industry. The past decade has seen an incredible surge of growth
      343 words
    • 1556 22  -  Forget the prophets of doom. Asmi president Heng Chiang Gnee tells donald urquhart why he is confident the marine industry will be able to ride out the current economic malaise DONALD URQUHART WHEN it comes to the Singapore shipbuilding industry, playing the prophet of doom
      RICHARD CHNG  -  1,556 words
    • 1080 23  -  Deputy group president of operations Ng Chee Keong tells beth jinks about PSA's dream of becoming the 'terminal department' of shipping Tines BETH JINKS AS world trade growth slows, freight rates drop and capacity rises above demand, container shipping lines
      1,080 words
    • 725 24  -  David hughes takes a look at some recent movers and shakers on the Asian port scene DAVID HUGHES PROBABLY the biggest mover and shaker on the port scene in recent weeks has been Hong Kong's Hutchison group and, by relation, its Philippine cousin International Container
      725 words
    • 774 24  -  Internet sites may come and go, but ultimately, the business of logistics boils down to relationships and execution, says sandra lee S SANDRA LEE Sandra Lee is CEO of Cargo Web Int'l Ltd LAST September, a prominent American shipping publication compiled a "Who's who in
      774 words
    • 1236 25  -  Increasingly, this option is looking better in terms of price and delivery date than newbuildings. David hughes explains why DAVID HUGHES THE shipbuilding, ship conversion and shiprepair markets are often seen from the outside as forming a single "shipyard" industry. There are certainly
      1,236 words
    • 523 25  -  doimald urquhart looks at the latest trends in the logistics industry DONALD URQUHART THE logistics industry in Singapore is highly fragmented with many different players covering a wide range of sectors, but one in which players are coming together to forge supply chain communities. "We're seeing
      FILE PHOTO  -  523 words
    • 477 25  -  This could scupper Daewoo's move to buy the struggling yard By P T Bangsberg SOUTH Korea's Ssangyong Heavy Industries Ltd is believed to be the preferred choice to buy financially distressed rival Daedong Shipbuilding Co after a round of bid offers. That could
      477 words
    • 804 26  -  The corporation's IT expertise, materials handling skills and project management experience should all work in its favour, executive vice-president for logistics Henry K S Tan tells domald urquhart DONALD URQUHART PSA Corporation is looking to leverage on its port and
      804 words
    • 1136 27 Great job.. but the work's not over yet To retain its edge as a maritime hub, Singapore must now move beyond providing excellent infrastructure to offer a total business environment STRATEGICALLY located along major international shipping lanes, Singapore has always served as an important maritime gateway for East-West trade. Taking
      1,136 words
    • 479 28  -  The country's customs authorities have been slow to adopt e-commerce and paperless trade, reports p tbamcsberc P T BANGSBERG ELECTRONIC commerce and paperless trade, which have proved a boon to all those in the logistics chain in many parts of the world, are areas in which China
      479 words
    • 602 28  -  David hughes looks at the many challenges that lie ahead DAVID HUGHES THE world of classification faces many demons at present. Some are large affecting the entire classification business—others more localised. Whether one talks about the friction between different members of the International Association of Classification
      602 words
    • 1312 29  -  E-business adoption and transformation is no longer an option for the maritime industry. It has become necessary for survival, says thomas ng THOMAS NG Thomas Ng is the manager, manufacturing and logistics, of the Infocomm Development Authority of Singapore STRATEGICALLY located at the
      1,312 words
    • 478 30 Pate: Sept 5-7,2001 Time: 5 6 September 2001 (1000 hrs to 1800 hrs) 7 September 2001 (1000 hrs to 1700 hrs) Admission: Free. Trade visitors only Incorporates events Asia Logistics Expo Floor «p«ct: 10,000 sqm Frequency/ Biennial 7th presentation Presentation: Participating: 400 Mo of countries: 35
      478 words
  • Page 21 Advertisements
    • 178 21 Coordinator George Joseph Editor Elaine Koh Sub-editor Leong Sau Ming Artist Garetti Chung (cover design) Photographer Richard Chng s _Jk®r I 18, iiv lyzi^^v J j jr^— e —2sE B S sg§sfK tfidiAllLCOff '> 0: r .«5P' UPVM K I Ugy ~,c*r»T-« I I *»B I—— We've turned your computer
      178 words
    • 25 21 Shipbuilding shines again Pg2 PSA Corp positions itself for growth-Pg 3 Conversions the bright spot Pgs Creating supply chain communities-—Pg 5 Leveraging on IT P|)
      25 words

  • Page 22 Advertisements
    • 193 22 r; r 1.?wr"• 1 ,^^^^m^gfss^m^sss^s^fsssssssssssss^SßSSSSS!SSSSSSSS^SSSSSSL ;Tt- i -1~ ---i'" We're Growing, We're Breaking New Ground Come Visit Us At Asia Pacific Maritime 2001, Singapore Expo Hall 2 Booth 5C24 ';*pr ■-■-y. *v* x T j -31 JSp I r{ 3 r'"~'- f fz r i k r V* 1 .=>•-
      193 words

  • Page 23 Advertisements
    • 144 23 v v %f. jiE&s^P^S^J^^B^^httl^HlH [1 I -_/a| Bh X J e Kill ILy 25/o of the world s container transhipment volumes and 7.4% of the world's total container throughput pass through PSA's terminals in Singapore every year.PSA employs every resource its proprietary CITOS or Computer Integrated Terminal Operations System, together
      144 words

  • Page 24 Advertisements
    • 97 24 GAYLIN INTERNATIONAL PTE LTD 11 Your Global Partner...anytime, anywhere. w specialist IN PH A f£% im Mm jawhf- z "HQ r/f j |ffi HEAVY LIFT SLINGS, w jM mooring e fm ropes, Am j XX a M x OJjaMB? MOORING Nk i wire //'ithings, ROPES, Wf < n 9 S
      97 words

  • Page 25 Advertisements
    • 93 25 The advent of Information Technology and intermodal logistics solutions have dramatically changed the global logistics industry. In addition, Singapore is fast becoming the logistics hub of the region. To keep our readers updated. Shipping Times now features a full page on logistics on Thursday every fortnight with news of current
      93 words

  • Page 26 Advertisements
    • 90 26 www.nationalforwarder.com *?leed OK *7AC Seat? When your ship breaks down on the high seas, you can't simply call your local A.A. You need a specialist for ships. At National Forwarder, we specialise in delivering spares to stranded ships wherever it's needed, whenever it's needed. So when you need help fast,
      90 words
    • 162 26 Maritimey Logistics Australian Maritime College (AMC) was established in 1978 under the Maritime e 9 e Act. After more than 20 years, AMC has gained an international reputation for offering quality education in the fields of maritime and logistics. Students in Singapore have enrolled for full-time study on campus in
      162 words

  • Page 27 Advertisements
    • 21 27 4 V PHiu-omeNT UNfs Pre ltd TH E TRUSTED NAME IN NVOCC INTERNATIONAL!® Br I INTEGRATED M IsHAH A LAM 1
      21 words
    • 356 27 25 September 2001 Westin Stamford Westin Plaza Hotel (Padang Room) Organised by: Advised by: Managed by: /T\ STEAC i Seafarers Training Education 11 H Advisory Committee (STEAC) T T 0 TV LI I ll\ ™i> lINC APOCf yaffil §PF fflijtn FntcrMiM MA "HA 0 gj ar rsi V ShlDt MACRBK
      356 words

  • Page 28 Advertisements
    • 87 28 mmgsF '"■"--J n s nfrv, u vjr.<r' ~rtt<rr xs All -IDC, trr*' 1 aCt j» Land jaez mm^^^m rfJts ,L i UOI'IIN l\^ TRULY THE MflwM WORLD t'jvni Vt.Htlumf .:>• A Global Logics Solutions Jet .5 X |f, 4t>V. JAYA HOLDINGS UMITED M mhb 13 Tuas Crescent Singapore *****7 1
      87 words
    • 157 28 1 #ucmmi v£2yv 5r inflatables Designed To Operate In The Toughest Environment Built To Surpass International Building Standards Specialised in military Full inflatables range from offshore applications 2.4 m to 5.4 m Off-shore Workboat/Semi-rigid hull Specially designed hijackers SOLAS approved fast rescue for surf riding rescue craft/ Military Interceptor Only
      157 words

  • Page 29 Advertisements
    • 145 29 Did you know... the TT Club insures over of the world's container fleet the TT Club insures over 4300 freight forwarders, NVOCs, and logistic operators the TT Club insures over 1,100 port and terminal operators worldwide ...theTT Club is a mutual and is run for the benefit of its members
      145 words
    • 128 29 SPE SINGAPORT ENGINEERING PTE LTD SPE's Business Activities: Marketing Sales of used port »> H pit Jfrpj JK procurement of port equipment Training of staff to maintain and ~Y BRff jS Setting up of maintenance systems ■> J SB* Facilities management T For additional services, please i Singaport Engineering Pte
      128 words

  • Page 30 Advertisements
    • 52 30 _r ScmbCorp Marine Jurong Shipyard Sembawang Shipyard Serving Vou Globally smlshipyard PPL Shipyard Atlantis Shipyard Karimun Sembawang Shipyard Bohai Sembawang Shipyard Maua Jurong 1 v? V Av V J v, "x yv S H 'P 29 Tanjong Kling Road Singapore *****4 Tel: <65) 265 1766 Fax: (65) 261 0738 Website:
      52 words
    • 79 30 Spend less to close the gap between you and your ships with Ma»{6s. -> l r v ||g Sing Tel Mail6s Email Allows you and your crew to keep in touch cost effectively No proprietary software reqturec Tiacking Find out the location of your vessels with just one iienpensive poll
      79 words

  • SHIPPING TIMES
    • 127 31 Reuters THE Baltic Dry Index fell nine points to 918, the Baltic Panamax Index lost nine points to 950, the Baltic Handymax Index rose three points to 7,725 and the Baltic Capesize Index was down 19 points to 942. TIME-CHARTER: ♦Petka (built 1994) 75,100 dwt delivery Nopac Sept
      Reuters  -  127 words
    • 280 31 MX '000 ??M W CWT Distribution 0.58 -0.01 77 Chuan Hup 0.32 unch 601 Coseo Hiy»jtm»nt Oil -0.01 595 Fraight Links 0.07 -0.01 00 08 Holdings 033 unch 5 IMC HoKMngs-HK —530 wtcfi 0 Jaya Holdings 0.15 0.01 284 KappaiCorp 3.12 -0.08 2635 KappalFCLS 1.52 unch 657 Koppol
      280 words
    • 637 31  -  Chairman Yeo says China's growth would also boost throughput at Singapore By Beth Jinks [SINGAPORE] China's looming entry into the World Trade Organisation (WTO) is the key to a global economic turnaround for the shipping and port industries, PSA Corporation chairman Yeo Ning
      637 words
    • 272 31  -  By Beth Jinks [SINGAPORE] Strong demand has prompted Japan's K Line to include a new direct westbound call at Ningbo in China within its existing Japan Express Service, which also calls at Singapore, later this month. The addition to one of the strings
      272 words
    • 240 31  -  By] Beth Jinks [SINGAPORE] The Norwegian-flagged cargo ship Tampa, at the centre of the recent international refugee controversy, will finally arrive in Singapore at about 7 pm today. The Wallenius Wilhelmsen vessel, its 27 crew and captain Arne Rinnan will stay in
      240 words
    • SHIPPING news
      • 838 32  -  STRAIT TALK THE TAMPA ISSUE Byi Seafarer AS Seafarer was penning this column, the television screens were full of images of people transferring from the Norwegian ro-ro ship Tampa and to a Royal Australian Navy vessel. The reports said they were being taken to Papua New
        838 words
      • 260 32 Bloomberg [DALLAS] Santa Fe International agreed to buy rival Global Marine Inc for U552.97 billion in stock, creating the world's second-largest company that rents offshore drilling rigs to oil exploration companies. Santa Fe will give 0.665 of its shares for
        Bloomberg  -  260 words
    • 263 32 PACE Ahrenkiel 10 Appenship 5 Assets 5 Avert 10 B'tang Mas 6 BSA 7 BSC 9 HI 10 Balaji 4 Bataminoo 9 Bayswattr 10 CCNI 7 CMACGM 3 COSCO 3 Central Ex 6 Chahaya 10 China Shpg 5 Confer 10 Compass Shpq 10 Cotony log S Cougar
      263 words
    • 11127 38 THEBUSINESSTIMES Page 8 EXPORT 1 WEDNESDAY, SEPTEMBER 5,2001 ETA ETA Advertiser Vessel Voyage Telephon. SIN Dest'n Name Name Number Number To ABIDJAN (ABJ) 2003 Cote D'lvoin 12/09 24/10 COSCO HUMEN BRIDGE 0021W 65-*****0C 13/09 25/10 Setramar VILLE 0E LIBRA 392W 65-*****3: 14/09 03/10 MOL MOL OUEME 9802A 65
      11,127 words
    • SHIPS IN PORT
      • 782 41 Vessel Voy No Berth Arrival Departure 0*HM 3T)OM JIT 04/09/7:50 05/09/15.30 C Progress 04-Sts JK> 04/09/830 04/09/16 00 Guin Hong 8 Cr08j JO] 04/09/8:55 05/09/17:00 Trcxwcai 28 16*01 J04 04/09/9:40 04/09/1730 Bt Dun* ind ***** JO! 04/09/9:20 04/09/18:00 BtOUM Mur ***** J01 04/09/8:30 04/09/2030 Winstif 8 *****1 J03
        782 words
      • 1956 41 RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO Booklng/Mmc* Rstls Ship Voy Wo Etfc/Btr Pftod From To Frw* ACE CONTR AE»3» 4/15 JO 01/800 03/1459 «»-00 I* 03/1700 04/0499 04/0*X a 03/1700 04/0459 04/0400 04/0700 04/1B9 04/M00 4 04/1200 04/1499 04/1700 ACTUMU 07*44 MM OVBOO WW S^00~~ 2A
        1,956 words
      • 197 41 September 19 Japan: Respect for the Aged Day fl«plMnb«r II Mexico: Independence Day September 23 Japan: Autumnal Equinox Day flap*—km 34 South Africa: Heritage Day September 28 Taiwan: Teacher's Day September 30 Hongkong: Mid-Autumn Festival October 1 China: Labour Day Hongkong: National Day Taiwan: Mid-Autumn Festival October 3
        197 words
      • 772 41 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 averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
        772 words
      • 464 41 Corbon 180 Mm 977.6 0J 15 9 0.05 79 0.03 MM DMSItf Itotor RmMim Aid A Mm Mum SoMwnt No «bow £25 0 0 2 0 0 0 380 AM 986.6 0.2 15.3 0.05 20 0.02 (um 380 M« 990.5 0.7 18.4 0.08 80 0.08 «W»r»
        464 words
    • AIR & LAND transport
      • 369 42 Discount carrier to grow fleet, start new routes on its own Bloomberg [MELBOURNE] Virgin Blue, Richard Branson's Australian discount carrier, rejected a As2so million (***** million) takeover offer by Air New Zealand Ltd and said it would focus on expanding independently instead. Air
        Bloomberg; FILE PHOTO  -  369 words
      • 172 42 Reuters [BEIJING] China's Changan Airlines plans a stock listing within three years and aims to have a fleet of 56 aircraft by 2005, a top company official was quoted yesterday as saying. "We are striving to achieve a stock listing in three years," the
        Reuters  -  172 words
      • 364 42 Order worth up to USs2b expected to be inked this month Bloomberg [BEIJING] China plans to buy 36 Boeing Co jetliners this month worth as much as US$2 biUion, its first big order from the largest aircraft maker in four years, an official
        Bloomberg  -  364 words
      • 429 42 But pilots say they have stepped up protest Reuters [HONG KONG] Cathay Pacific Airways said yesterday it was operating normally despite a decision by pilots to escalate their "go slow" campaign in a lengthy and increasingly bitter dispute with the airline. "We're operating as
        Reuters; FILE PHOTO  -  429 words
      • 265 42 AFP [BANGALORE] The German airline Lufthansa said on Monday it was looking to increase its presence in Asia as it announced direct flights between India's IT capital Bangalore and Frankfurt. Lufthansa will immediately begin three weekly flights between the cities on Airbus A 340-300 planes.
        AFP  -  265 words
      • 1757 42 an rum n> rum a MtWM **8230 MO IH6381 1850 S0230 WSO Aastwtta S023 WIS *1838 2255 6*979 0955 S036 *345 H.837 MS5 mimrntm w HUm 2045 ****** 2045 mm mm mm mm —**i mm wa '*>»■ *1/6*846 1330 M/M847 0755 isttfnw mo? noo sow owo
        1,757 words
  • Page 31 Advertisements
    • 89 31 CAMBODIA SHIP REGISTRY "WORLD'S Ist ONUNE VESSEL REGISTRATION" We provide offer: most competitive fees no restriction on nationality of ownership/crew fast and simple one-stop service for registration 24-hour efficient service, 365 days a year up-to-date maritime laws regulations Operational Headquarters cAo Cambodia Shipping Corporation Ptm Ltd. 10 Anson Road *25-15.
      89 words
    • 7 31 Strait Talk: They are survivors, Pg 2
      7 words

  • Page 32 Advertisements
    • 711 32 I TO USA/CANADA "1 EXPORT I I OTHER DESTINATIONS ~~1 VQy W6 jff*gH|LOWGKAO<jmUAS IwOUSTOM IwBfHB IOQCAOO IkWTOM TO AIMTim IA (AIMTBA] FTfrWlll) OOCIJAMII 5304 04/09 05/09 I 21/09 25/09 24/09 24/09 24/09 29/09 OOCL KTHEtUMK 31E37 lIAH 12/09 I 21/09 01/10 03/10 03/10 03/10 04/10 1(818 VOT W lIU SOI
      711 words
    • 610 32 Lines ienncM represented by j?4wna Members °f the Registry of Members of the W Shipping Agents, Sin 9°P°™ Logistics Singapore Shipping Associotion Association A ULYUNi- MAU vk» I vor eta Tn* flu P.KUMG STOKE MAU Empress Lily VO7Ol 06/09 07/09 14/09 Princess Lily VO7Ol 22/09 23/09 30/09 Empress Lily VOBOl
      610 words

  • Page 33 Advertisements
    • 781 33 TO EUROPE FROM EUROPE rcssa vor_ sin rtm aw haw my sou um~|lvcsa vot I rtm anr ham "wv sou u* ST MOl ADVANTAGE 304 W 07/09 23/09 25/09 21/09 29/09 MOl LOH S42S 11/01 15/01 I 11/0t 19/ Of 05/09 HY lARON 351W 09/09 29/09 27/09 01/10 HYDUH 3501
      781 words
    • 1409 33 Page 3 J& T® AM* T/T: 10 MYS 1 HBbAr UMAI > T/tmsmys I COn^?H^HT^ IT D Mil, '"'S//A mF »SS8!& «*.™j£ CI MO: **********0 M TEL 226 1900 (MAIN) INWARD (DO) *****56 2MS3IV/* SI!???}? T/Wlf MPT *****25 23A5316/4A "uAJfUN JtsSuH m«H2£ CONVtNDONAi *****01/150 2M5323/73 W SMSTO 09-SA3M9S «u„»«/™ El
      1,409 words
    • 416 33 rasa Ivor Isil to I vor sir hug Ike usn rus imc *or suj jkj su« tWmiSWWH QMS 07/W ivw 14/ M IVOt 19/ M W9 IS™ 7 jjjj am M zhc: HTUNO4I WO6gSS wot W/09 13/09 l^^==^ss=±j===B=^^^^^U BfiOEUK MR 09/09 11/W 1121 12/W 14/09 11/09 21/09 71/W 75/W KMTC
      416 words

  • Page 34 Advertisements
    • 1128 34 C SENATOR LINES TO EUROPE TO MIDDIf EAST/IRAN/RED SEA vot aw tin iw urn mam m hi Iwssa T*or sai I u I I D PUOWASNSHUN* OOITW 04.M JI.W 23.14 J«.M KM MM J/.M uvuma tuwT MM 'UM TM wis nsT HAJUN WW TC*K lII3W 07.09 MM 27 J» 2VM
      1,128 words
    • 691 34 JLAM MAC-NELS S'PURE M'SIA Carrier: MN COHTR LINES, MC »<»*>*«: <07, wo™ I JVy VZ_J CM MOi IMB7MMM SBU: (004)*****9 MAMLA: (632) *****24 PENANG: ((H) *****36 BANGKOK: (662) *****67 SURABAYA: (31) *****11 P KELAWG: (03) *****77 JKT: (21) *****46 KUQHNG (062) *****1^3 QIHCPAO AARIIS MV "OOCL SHANGHAI" V.12E33 MV "OOCL
      691 words
    • 447 34 WEEKLY EXPRESS SAILING SCHEDULE WESTBOUND TO COLOMBO NHAVA SHEVA (CFS MULUNO MUMBAI) ALSO ACCEPTING TO AU NORTHERN AND WESTERN CO POINTS VtSSfi HAW Ivor tsTOMIcOUMMOjII StKVkl COMCCTHG IcONNKTmT va-iftA va-tutow WDFTISO S(I1M 10$9 15 SfP IfSff MOWKIMUM tAJHUNOM SHEYAYH3O ws lAMAMIAJI EXPtESS 003* |7W 72SEP wowtEl Mumtt iMßgwrmi w IOUPttIASA
      447 words

  • Page 35 Advertisements
    • 1382 35 [VESSEL VOY KHH HOCO I SIN PKL DXB —RAB TdMM Hi* IRAN TABATABAEI PCL-223 04/09 05/09 OMIT 12/09 19/09 20/09 22/09 24/09 IRAN KERMAN PCL-224 11/09 12/09 15/09 16/09 23/09 24/09 26/09 21/09 IRAN ISFAHAN PCL-225 18/09 19/09 22/09 23/09 30/09 01/10 03/10 05/10 IRAN HORMOZGAN PCL-226 25/09 26/09 29/09
      1,382 words
    • 430 35 I UK CONTINENT SERVICE Loadng lor T,NA 1 RDM/ATW/BMNAJK/LPL j ATHINOULA RDM/ATW/BMN/UK/LPL I OCEAN TRADER ROM/ATW/BMN/UK/LPL I Loads Singapore. &AN. Matayaa. Indonesia M MIDDLE-EAST SERVICE Loading for HATIME ANA JOH/AQA ALCESTJS DBl/ABU/DOH/BRN/DMM/KWT I PFUBHU DAS DBVABU/DOH/BRN/DMM/KWT ■I HENG SHAN JOH/DMT/AQA EFFY N DBI/ABU/DOH/BRN/DMM/KWT I SANDRA C JDH/AQA/DMT/TRP I 'Loads SngapOTß.
      430 words
    • 1104 35 HOUMOUS/ SHANGHAI/ XIM6AN6/ JESa *01 H 1 SUA ICC TAP VB» »0T I SI I m MTF ICH JIIIUHUN MB 1421 ivw l«/W 21/OT 74/ M «nH* IHUII" 403* w/w 17/ M iyw~ MA»»ny iOS i;/w n/vt 75/01 7»/w oi/io moo o?« >o/t» ~u7W iW ithamum I wow I ?vw
      1,104 words

  • Page 36 Advertisements
    • 1010 36 i ASIA MEDITERRANEAN EXPRESS (AME) WESTBOUND SERVICE -ivtssa vot sin nt sw lim I fit I anr I BtGlif" 0I37! liS£P 02QG Moa 10on ?}on T" 13 qg m .111 =a=—iH8 —m —m 1 MWiWI kbnta.Unf.WH>!*mm Ihpd Im Hbm Im*On D, tumm hmik km CiiMnu Ufm tm*d (.miry (mm<m Ma
      1,010 words
    • 425 36 INDONESIA NATIONAL LINE TO AUSTRALIA "H FULL CONTAINER SERVICE w. sm m i "sto" Inr j ««I mi"[hb «mn*n ib n/nM/vt ii/m u/w ii/h r\/m--imnax is m/wii/w \?/m n/w nm xmuam ~"os~ i;/wn/w io/w iyi> T "W «s n/ojb/w >I/W w7t>iyi>~iyi>T FEEDER SERVICE TO INDONESIA J5 wr smmm mmk iuuum
      425 words

  • Page 37 Advertisements
    • 415 37 MHK MYANMA pBBk FIVE STAR LINE (Myanmar National Linr) Loading for YaNgon VESSEL VOY SIN PKL PEN PGU HPA-AN 709W SID MONG LA 4IW SLD MALAYSIA AGENTS: MUSTEAC SHIPPING AGOKIES KUL- ni 03-*****300 PIL TEL 03-*****101 PEN: TEL 04-*****02 PGU: m 07-*****71/4 BANK LINE (A service of Andrew Weir Shipping)
      415 words
    • 1230 37 HYUNDAI MERCHANT MARINE CO., LTD. vtssa w» a sou rim aw "hmT mv vtssa IoT HiT "Iml~ ~wv~ "3T HTWtrr 304W 83/09 75/09 19/09 20/09 22/09 "OIIORK 442 17/01 11/01 12/00 14/00 04/09 APISPMB 103W 06/09 24/09 24/09 29/09 27/09 1041 13/00 IS/OR 11/00 10/00 00/09 *x advantage ooow o;/w
      1,230 words
    • 1040 37 v\frv WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERia RORO HEAVYUFT SERVICE" IYISSCL VOY BAMP HEIGHT SIN LtC' MAO I QUA I SAV |ML I OKf NYC WW WOTI TAJLAOOT AMI II 400T«k 6.3 M l«/ 09 25/10 21/10 30/10 01/11 02/11 04/11 00/11 09/11 TAMPERE AMI 19 400Tmh 6.3 M
      1,040 words


  • Page 39 Advertisements
    • 531 39 FCL7LCL Container Service to Worldwide Destinations through lAL Logistics (S) Pte Limited 80, Robinson Road, 22-01 A, Singapore *****8 Tel: 223 8380 Fax: 223 8387 E-mail: ialsin@ial.com Website: www.ialsin.com J |j| 11 OanOflfcesnAsa- 118 HIHII Vl* Mumbat DaM/Jaiptr/Jodhpur Ludhiana (ICO): Calcutta KandU ML AcpflfAfanow AOaM/VLM a i/wtrv Aparcas Mm Dtti
      531 words
    • 170 39 rasa w eupsu my w etaswi my KUALA SIAK 8 1142S 07.09.01 SUN ~IU»~ 03W0I NON BJAaSIAI(» 1143S *****1 NOM 1143N *****1 "tuT" KUALA SiAK 1 1144S *****1 WH) ~M44N~ *****1 THU KUAUUAKB 1145S *****1 THU "iusT" 07 0901 ~HB KUALA S4AKI 1144S 08 0901 SAT 1144N *****1 SAT KUAIASUM
      170 words
    • 247 39 HUB SHIPPING INDIAN OCEAN ISLANDS/SOUTH AFRICA VESSEL TWU MIRI KK TGN SW PK NTS REUNION DBN El PE CT EXPRESS PROGRESS VOT 013 SAd SM S«M SM StU MPORT 05/09 09/09 11/09 AMIYD.P. VOYOI4 15/09 11/09 21/09 24/09 25/09 05/10 11/10 13/10 14/10 H/10 -aoo atari—ajwi— BlNBUtu caauiAfions: SSC SHIPPING
      247 words
    • 91 39 lE6UUI lIEM-lUII SEWICES TO (OKMMO-«U«mviZ>6-CMIMIAI ■v surfiv sikmpok mho cau to 03-M-0I COlOilO Mv MHKi iIUITt smctroti tS-W-ll M-W-ll IMMI ■V OPTIMA 03 SlHCtrOli IMIII MIfCT UU TO IMMI IMMI IQIMT ■v hast Muro* mmct au to tfcuii namann anasm ■V (Hill SIHCAPOtE CHINA 1(610* I'UMM WWI I I-I I
      91 words
    • 269 39 NflSB eng lei snipping copteiid I mjC-i M: *****22 (10 Ums) Nb 533M3t/532«9M CM IItWWOOK I VESSEL VOT SIN ETA SIN ETC DESTINATION SmCertof 12/01 03/09 05/09 Duno/Pwowng Umm Star 3 06/01 04/09 05/09 Janb UnonSttß 06/01 04/09 04/09 ja*/t W4 UmStar 12 07/01 04/09 OS/D 9 Bototc U*»S»47 05/01
      269 words

  • Page 40 Advertisements
    • 604 40 hBHEH ram BMTOMHMm llGflttlDGE 'UN 1011/04 17 70/04 7575/04 I I)«l KHYTHM 919N 1415/04 2073/09 7174/04 I TIGER METRO 913 M II 11/ M 74 77/04 0703/10 I tiger speed win 7172/04 7730/04 osm/io I tiger iiioge now ?s?s/04 0144/10 ww/io I I~ vor sim TIGER CHEEK 483CN8 6544/54 HTS/OT
      604 words
    • 865 40 JRk FREIGHT LINKS EXPRESS PTE LTD 51 Penjuru Rood, 3rd Level, Freight Links Express Logisticentre, Singapore *****3 Tel: *****11 Fax; *****77 E-mail: flesin©singne».com.sg Introducing VALPARAISO SOUTH AMERICA SANTOS MANZANILLO fortnightly service BUENO AIRES Booking 267# 5565/4694/5535/5539/5541/5553/5569/5579/5562/5563 PROJECT SHIPMENT A HtAVYIIET fABO? (CONVENTIONAL ROttO) U»wnnc« Lkn *****78, H/P: *****977 LOGISTICS A
      865 words
    • 33 40 Q2O KMS LOGISTICS (S) PTE LTD AIR SEA SERVICES TO/FROM: MANILA HONG KONG/SHENZEN/ KEELUNG SHANGHAI EUROPE/USA Head Office Tel: *****80 Fax: *****90 Email: kmslogfa pacific.net.sg Airport Office: Tel: 542 2089 Fax: 542 2631
      33 words
    • 930 40 77b IPDZ LINES I UL towgX)oZZfrZn o g g»»gb«L«-i»i.»iH |QM^HHZ!SCIZiBBEZEDCI!ZEIIZIZ!I!MSZSCZIZHHEZIII GISWEE ***** 06/09 G#GI ***** 06/09 GIUAN 2123 05/09 GIUAN 2123 OS/09 GIHUAT 2194 10/09 SHINUNE 1 2117 QS/09 GlttNG ***** 07/09 GUOO ***** 01/09 GISWEE ***** 13/09 OGI ***** 13/09 GUOO ***** 08/09 GW ***** 10/09 [GIHUAT 219S 17/09
      930 words
    • 69 40 CONFER (S.E.A.) f&"\ SHIPPING PTE LTD TEL: *****68 FAX: *****45 DIRECT CONVENTIONAL SERVICE TO CHITTAGONG VESSEL SIN CTG EMERALD 01-03 OCT QS-09 OCT DIRECT FCL/LCUCONVENTIOMAL SERVICES TOjiryfcan Sub-Contmont Madras Calcutta Bombay Karachi Colombo Oinagong Tutconn Cochin Far East Ho Chi Mnh Hachong Hongkong Mania Bangkok Busan FCLACL Smicn To: Austrata
      69 words

  • Page 41 Miscellaneous
    • 133 41 2001 7 11DE LEGEND: Issued by Meteorologlcsl Service Singapore K Thunderstorm A Showers 0 Rain Temperature Cp/ Wind direction «nd speed in knots Cloudy Day W ,h U oo Hazv Wind Sfied symbols Sea Conditions O Full cirde w/o line indicates calm or light and variable winds L—s—J ®''9 ht
      133 words

  • Page 42 Advertisements
    • 114 42 i «r-. i.* ,4: v 1S h° me to population offering < actively promoting International Boating, v Watersports and Marine tourism Equipment Show tdb i m 4SI&L/V X* X 4 W ,v--til iliaii 18-21 April 2002 1 Singapore International Convention On-water Display at Republic of Singapore Yacht Club (RSYC) I*7?
      114 words