The Business Times, 6 September 2001
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2001-09-06
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The Business Times
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Title Section15 2001-09-06 1 THE BUSINESS TIMES MITA (P) 107/03/2001 Internet: n'tp'/ljusiness-times.asial com.sg/ SINGAPORE THURSDAY. SEPTEMBER 6, 2001 85C15 words
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Article78 2001-09-06 1 □sn M 2152 (+1.97) □BT-ai WU4 (+1.25) ST INDEX FUTURES MOlOO (-8.00) SIK9CIFDTDBES 197j00 (-0.40) STOCK XABKET INDICES Wednesday Change KLSECOMP 688.90 +1.17 NIKKEI 22a 10*98.79 -***** HANG SENG 10,943.14 -***** SET INDEX ***** -Lao JAKARTA COMP 442.23 +L07 MANILA COMP +L75 TAIPEI WPI 4,424.91 48.62 SEOCLCOMP as78 words
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Article84 2001-09-06 1 FOREX KATES irss s$ I'SS (SS per USS) 1.748 £(L'SS/SS per S) 1.442 1519 EUJtO(lSS/SS/E) 0.887 1.550 DM 2.206 1162 YEN 119J 68.60 RM 3.800 1175 HKS 7.800 4.463 BAHT 4412 2516 RUPIAH 9.033 5.169 *SS to too unit* FUME BATES SINGAPORE* 580 KUALA LUMPUR 7 67 JAKARTA 390084 words
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Article, Illustration810 2001-09-06 1 Eddie Toh - Issues need to be resolved or they could become more protracted From Eddie Toh in Kuala Lumpur SENIOR Minister Lee Kuan Yew admitted yesterday that he conceded to Malaysian Prime Minister Mahathir Mohamad in reaching the in-principle agreement on resolving810 words
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Article, Illustration686 2001-09-06 1 Serena Ng - BTia^nu^j But many still convinced a bid will come soon; Celestica and Jabil named By Serena Ng [SINGAPORE] Investors were taken for a ride yesterday when they took for fact a bogus Web posting saying global electronics giant Celestica was buying VentureSource: Bloomberg - 686 words
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Article, Illustration636 2001-09-06 1 Yang Razali Kassim - ■na'uiiuwj Japan-Singapore FT A talks make good progress, says S'pore By Yang Razali Kassim [SINGAPOREJ A visit to Singapore later this month by Japanese Prime Minister Junichiro Koizumi is on the cards as the two countries yesterday moved significantly closer to a landmark636 words
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Page 1 Advertisements
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Advertisement78 2001-09-06 1 IMMIUE Hock Lock Slew Maybank: Heralding tough times? Pg 5 Exec Suite HDB flats in central areas to be redeveloped in future: Mah Bow Tan. Pg 7 Top Stories NZ govt postpones decision on Air NZ ownership again. Mmxt Pag• Initiatives to boost service sector. Pg 6 Chuan Hup says78 words
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Advertisement36 2001-09-06 1 Competitors f Is 4 may reap B ains Li C Page 2 JLjgtf 5 Kenneth James 1 Intel to emerge m ■BizlT, Page 24 electronics' H 111 dli JJ |H makers in Asia "Bun pg 2i36 words
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Advertisement61 2001-09-06 1 Sing Tel did not come up in meeting: SM Lee, Next Page Japan ODP outlook grim despite rise in investments, Pg 16 Am A j I" 1 X w ill -Jljil »l STOKING cot I tCTORS' TIMtPI£CES HANDCRAFTING NIW ONI S YA F RIRO r. I\ I I UNA I61 words
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Advertisement23 2001-09-06 1 Hot favourites for the 2 QFB licences Page 11 I"« 1 eT 1! r l Shared-ATM j network in the making Page 1123 words
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NEXT page
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ON THE grapevine
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Article, Illustration104 2001-09-06 2 WHEN Hewlett-Packard shocked the industry with the news that it was buying rival Compaq Computer for US$25 billion in stock, investors howled, analysts and commentators unsheathed their knives and humorists went to work. One ingenious effort that's making the email rounds combines the two companies' logos to104 words
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Article80 2001-09-06 2 ARCHITECT Charles Correa remarked tongue-in-cheek at a regional gathering of like professionals yesterday that Asians seem to think they can only gain enlightenment if they sit under a tree, rather than in a building or anywhere else. He was speaking on how history influences and affects our architectural80 words
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Article82 2001-09-06 2 In our 'Eye on the Economy' column yesterday, we reported wrongly that the mineral fuels sub-index within the Singapore manufactured products price index slipped 4.5 per cent in July. The decline was, in fact, 2.6 per cent. And in the graphic accompanying the article, "Globed staff seen getting short82 words
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535 2001-09-06 2 Tang Weng Fai - BP-COMPAQ MERGER Merger is significant but 'putting two losers together does not make a winner' By Tang Weng Fai [SINGAPORE] Far from creating a giant with a lasting competitive advantage, the Compaq buy-out by HP will see competitors capitalise on market confusion at least535 words
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Article, Illustration282 2001-09-06 2 Eddie Toh - Sing Tel makes its own corporate decisions, he says From Eddie Toh in Kuala Lumpur SINGAPORE Senior Minister Lee Kuan Yew yesterday dismissed suggestions that the breakthrough in bilateral talks with Malaysia could lead to the entry of govern-ment-linked companies likeGEORGE GASCON/ST - 282 words
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323 2001-09-06 2 Beth Jinks - It wants to see a precise plan for recapitalisation first By Beth Jinks [SINGAPORE] The New Zealand government has again postponed a decision on the future ownership options of Air New Zealand, calling for a precise recapitalisation plan before finalising its323 words
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451 2001-09-06 2 Unit labour costs rise 2.7%; worker hours cot at fastest pace in 10 years Bloomberg, Reuters [WASHINGTON] The productivity of US workers in the second quarter held close to the pace of the last five years even as the economy grewBloomberg,; Reuters - 451 words
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Page 2 Advertisements
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Advertisement173 2001-09-06 2 fUr svsTEfns ANNOUNCEMENT We are pleased to announce that ParticJe Measuring Systems Inc. USA (hereafter termed PMS) has appointed Quest Technology (S) Re Ltd as the EXCLUSIVE DISTRIBUTOR for all PMS products in Singapore, Batam, Bintan and Riau Islands. The exclusive partnership arrangement covers sales, after-sales of spare parts, and173 words
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Advertisement31 2001-09-06 2 BT Comment HP buys Compaq, and the winner is... Intel? Pg 24 Deal could hit electronics makers in Asia, Bizlt Pg 21 Commentary: Second thoughts on the US economy, Pg 831 words
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SINGAPORE companies
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499 2001-09-06 3 David Boey - It remains committed to returning 50% annual gain to shareholders via dividends By David Boey MAINBOARD-LISTED marine group Chuan Hup Holdings said yesterday it is in no hurry to sell its stake in electronics contract manufacturer PCI at "a fire-sale499 words
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295 2001-09-06 3 Serena Ng - Group books $25.9 m write-off for hard disk drive unit By Serena Ng CONTRACT manufacturer PCI sank into the red for the year ended June with a net loss of $27 million, compared with a net profit of $14.3 million a year earlier.295 words
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189 2001-09-06 3 SINGAPORE Telecommunications (Sing Tel) yesterday announced that trading in its shares on the Australian Stock Exchange (ASX) is expected to start at 11am (Sydney time) on Monday. The full Sing Tel free float will be quoted on ASX, excluding the shares held by the189 words
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491 2001-09-06 5 Serena Ng - Group says this year's earnings tough to forecast By Serena Ng ELECTRONIC components maker and distributor GES International yesterday said it expects to remain profitable in the current financial year despite the global downturn in the electronics industry. It491 words
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COMPANY Briefs
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45 2001-09-06 5 FJ Benjamin has received in-principle commitment from its two main bankers, DBS and OCBC, for a refinancing package to replace its existing consortium loans and bilateral lines which it had with several banks. Banking arrangements in Malaysia will remain unchanged.45 words
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45 2001-09-06 5 ELECTRONIC components distributor Alloom Technologies yesterday announced plans to expand aggressively to hit $1 billion in revenue by 2005 despite the current slowdown. In the first half of2ool, Allcom reported revenue growth of 82 per cent to $163.5 million.45 words
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Article52 2001-09-06 5 BUILDING group Hwa Hong Corp said first half net profit was down 3 per cent to $5.43 million. Turnover increased to $101.74 million from $51.93 million. Hwa Hong expects to remain profitable for the year but said profit will be lower than the previous52 words
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21 2001-09-06 5 Hai Sun Hup Group has changed its name to Stamford Land Corp Ltd, effective yesterday.21 words
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245 2001-09-06 5 Al Labita - Fron Al Labita in Manila DBS Securities Philippines has informed the Philippines Stock Exchange that it will shut down its operations this month, ending its 13 years of equities trading business in the country. DBS Securities is the third Singaporean stock brokerage firm to245 words
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312 2001-09-06 5 David Boey - Stock falls 18 cents, hit by news of Conex&nt-UMC deal By David Boey SHARES of Chartered Semiconductor Manufacturing came under heavy selling pressure yesterday, sliding as much as 20 cents to $4.64 on two bouts of bad news. The sell-down began when the market learned312 words
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Article577 2001-09-06 5 siow li sen - HOCKII.IJII.-IUM siow li sen MAYBANK, Ma laysia's largest bank, last week announced earnings of RM839.6 million (*****.2 million) for the financial year ended June 30. down 38 per cent from a year ago. The decline, due mainly to additional loan losses, provisions arising from deterioration in asset577 words
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Page 3 Advertisements
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Advertisement403 2001-09-06 3 wire the B s~\ WIRE CABLE TRADE FAIR B il^ Tube I Bp9^^Uy£^fi^H THE ALL-ASIA PIPE TRADE FAIR Ml www.tubg-singapofe.cofn See a wide range of the latest products, technology and j wi^^ m ,s en<torsed services from more than 300 international exhibiting j tmmi companies spanning the globe including national403 words
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SINGAPORE markets
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Article345 2001-09-06 4 Stocks Volume SingTel 15c 18,040,000 FuYuMfglOc 10,950.000 People's Food HGK 50c 7,805,000 Frontline 5c 6.875,000 Omni Ind 10c 6.586.000 Econ Intl 20c 5.882,000 Chart Semiconductor 26c 5,674,000 ST Engg 10c 5,114,000 VentureMfg25c 5,047,000 Autron 4,722,000 Stocks VentureMfg25c 61,171,506 UOB 40,135,550 SingTel 15c 34,549,960 Chart Semiconductor 26c 26,503,336 Datacraft 10c 25.339.431345 words
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Article, Illustration564 2001-09-06 4 r. sivanithy - STOCKS Rise props up Straits Times Index; also helping is rebound in SlA's share price r. sivanithy PROBABLY the only thing that stood between the Straits Times Index and a loss yesterday was a rumour that Venture Manufacturing is about564 words
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Article, Illustration178 2001-09-06 4 R Sivanithy - WARRANT WATCH By R Sivanithy THERE was only one warrant that made it among the top 20 percentage gainers yesterday while only two appeared among the 20 biggest percentage losers. Interest in warrants is clearly negligible despite the fact that even the long-dat-ed instruments178 words
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Article, Illustration211 2001-09-06 4 Ven Sreenivasan - HOT STOCK By Ven Sreenivasan AFTER tumbling on Tuesday, the stock of Singapore Airlines (SIA) rose 20 cents yesterday to $11.80 on below-average volume. Some 751,000 units changed hands, compared with the 10-day moving average of 910,000. Despite the recovery, the technical indicators suggest211 words
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Article, Illustration517 2001-09-06 4 larry wee - CURRENCIES Favourite alternatives like euro, Swiss franc and Australian dollar worst-hit larry wee THE US dollar came roaring back yesterday, thanks to a much stronger than expected US purchasing managers' report overnight but the Dow's inability to hold on to three-digit gains may alsoSource: Reuters - 517 words
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Article3346 2001-09-06 4 UNIT TRUSTS FUNDS *tirt»in Assat Mgt Asia Ltd Aberdeen Select Portfolio: American Opport Fd 0.729 0.766 Asian Fixed Income Fd 1.092 1.126 China Opportunities Fd!** 0.855 0.899 Cont Euro Eqty Fd!** 0.924 0.971 Global MNC Fd 0.632 0.665 Global Technology Fd!** 0.484 0 509 Indonesia Equity Fd!** 0.715 0.751 Japan3,346 words
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Page 5 Advertisements
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Advertisement521 2001-09-06 5 i As companies strive to enhance their shareholders' funds, there is a greater need to understand financial information, particularly balance sheets and profit and loss accounts. Decisions made without properly understanding the financial implications may lead to reduced profits (or even losses) and a reduction in shareholder value. This 2V521 words
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Advertisement155 2001-09-06 5 Maybank hopeful of return to profit in Ql, Pg 9 THE DECISION IS YOURS. ■■terf w The CEO's Room. Where all the major decisions are made. Where it's a reflection of you and your company. Take charge. Make the right decisions and send out the right messages to your employees155 words
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SINGAPORE news
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Article, Illustration514 2001-09-06 6 Chuang Peck Ming - Raising service quality and productivity calls for new mindset: BG Lee Kit Chuang Peck Ming THE spotlight of Singapore's productivity movement has turned to the services sector. The movement which for the past two decades has done wonders for the manufacturing sector must now doFILE PHOTO - 514 words
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412 2001-09-06 6 Anna Teo - ■won the economy pmi Ny Anna Teo A DAY after Singapore's purchasing managers' index (PMI) showed a small rebound for August, the equivalent US indicator also reported similar findings: a pick-up after months on the slide. On Tuesday, the US National Association of412 words
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Article, Illustration398 2001-09-06 6 Effort to create and enhance knowledgedriven business will benefit both JAPAN has a key role to play in Singapore's effort to broaden its economic base to capture new high-growth industries and boost its resilience. Deputy Prime Minister Tony Tan says. "Japan canFILE PHOTO - 398 words
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316 2001-09-06 6 A TOTAL of 505 jobs in areas from IT to civil defence were up for grabs last night at the second "pink slip party" organised by Straits Times Recruit. Vacancies to be filled included sales positions at Standard Chartered Bank and IT company316 words
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384 2001-09-06 6 Eugene Low - Hy Eugene Low NINE out of 10 of Singapore's best employers are multinational corporations, according to a study conducted by global management consulting firm Hewitt Associates. Agilent Technologies (Singapore) topped the list of best employers here, followed by Ritz-Carlton Millenia Singapore and Four Seasons384 words
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384 2001-09-06 6 Donald Urquhart - Donald Urquhart [SINGAPORE] Lawyers representing Silk Air in the High Court trial over the 1997 crash of flight MI 185 said yesterday the plaintiffs had failed to provide evidence of deliberate pilot action or recklessness. The trial resumed yesterday after a July 18384 words
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178 2001-09-06 6 Raymond Chow - Raymond Chow WE refer to the article "SGX to up rental for Sesops terminals by 20%" by Serena Ng (BT, Sept 4). The article reported that "The Sesops trading system has suffered from several technical glitches this year and a few disruptions earlier178 words
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Article153 2001-09-06 6 Chan Siew Peng Singapore - Chan Siew Peng Singapore I REFER to your article "HP to start axing SE-Asia HQ staff" by Serena Ng (BT, Aug 21). All this only goes to show that we have been too reliant on manufacturing for too long and when it comes to153 words
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293 2001-09-06 6 Tan Heng Huay, Ang Hwee Suan (Ms - MAIL bag Tan Heng Huay, Ang Hwee Suan (Ms) I REFER to the letter "Night parking to boost revenue?" by Tan Boon Hui (Mailbag. Sep 3). Mr Tan referred to a BT report dated Aug 28 on the extension of half-hourly parking in HDB293 words
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198 2001-09-06 6 Kenneth Tan - Kenneth Tan Chief Operating Officer Media Corp TV Singapore Pte Ltd WE refer to your article "Channel U wins 1/3 of Chinese viewership" by Teh Hooi Ling (BT, Sep 4) and would like to draw your attention to the following facts. ♦Chinese198 words
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Advertisement67 2001-09-06 6 We welcome letters. E-mail us at btletterQsph.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 in67 words
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EXECUTIVE suite
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Article, Illustration507 2001-09-06 7 Vince Chong - Observers say estates affected include those in Bukit Merah, Fairer Road,Queenstown By Vince Chong SOME public flats in the central areas could be brought under the Selective En-bloc Redevelopment Scheme (Sers) in the next five to 10 years. National DevelopmentFILE PHOTO - 507 words
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218 2001-09-06 7 PWD Corporation (PWDCorp) yesterday signed a contract with China's Ginwa Enterprise Group to manage some of its major properties. The deal, clinched through a PWDCorp subsidiary PWD EMS Pte Ltd will see the two partners form a 50:50 joint venture company to provide218 words
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374 2001-09-06 7 Vince Chong - By Vince Chong A LARGE project of some 500-600 units at West Coast Crescent may be launched before the end of the year, say consultants. According to a consultant, the breakeven price for the mass market development by Far East Organisation, named Blue Horizon374 words
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Article, Illustration684 2001-09-06 7 Thien - GARDENFR'RIET^ By Thien IT is 11 years on, and I can still reach though just barely with a ladder the fruits of my Golden Coconut (Cocos nucifera), which is a dwarf species. It was among the first trees we planted when we movedPHOTOS BY THIEN - 684 words
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601 2001-09-06 7 Ilsa Sharp - Seen as alternative to Brisbane, As6b project includes residences, high-tech industries, schools By Ilsa Sharp Ilsa Sharp is a freelance writer based in Western Australia. AUSTRALIA'S Queensland state government had to pass a special law in 1997 to give the green light for a visionary601 words
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Page 7 Advertisements
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Advertisement25 2001-09-06 7 118 PIONEER ROAD Land Area 19,096.0 sqm For details, contact Sole Marketing Agent pioneer m Dominic Peters 228 6894 ROAD 1 Nicholas Wong 228 680025 words
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Advertisement84 2001-09-06 7 Within minutes of the best in Singapore Newton MRT station Orchard Road shopping belt and Raffles Place financial centre Prestigious schools like ACS (Barker Road). Anglo-Chinese Junior School, Raffles Girls Secondary School. Singapore Chinese (.iris School and St Joseph's Institution Exclusive clubs like Tanglin Club. Pinetree Club and American Club84 words
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Advertisement65 2001-09-06 7 mcmeaHsinHNMw 807 to 4,134 sqft, 13,000 sqft (column free subdivisible) 1 3,972 17,373 sqft (two consecutive floors) Outside CBD/Free Shuttle Bus Service to MRT Panoramic city/sea view Broadband enabled/SCV Service available 0 Ample carparking space Immediate occupation Tel: 292 8181 J Hqng Fy INVESTME^ —^^^^^^^*pSBHHBppBH SUNTEC OFFICE SPACE FOR SALE65 words
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EDITORIAL & opinion
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Article, Illustration810 2001-09-06 8 frank ching - OPINION frank ching Frank Ching is a Hong Kong-based freelance writer DURING the height of the student-led pro-democracy movement in Tiananmen Square in 1989, journalists working for China's official media joined the demonstrations, carrying a sign that read: "Don't force us to lief That810 words
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Article74 2001-09-06 8 'We are asking our workers to metamorphose.' Knnio Nakamnra president of Matsushita Electric Industrial Co, maker of Panasonic products, who is seeking to move out 13.000 workers to sectors that produce solid profits. The economic strains brought by membership of the World Trade Organization will bring enough74 words
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Article629 2001-09-06 8 EDITORIAL POR most stockmarket players, the only bright spot in a bear market that has lasted for about two years has been the increased merger and acquisition (M&A) activity. In the short term, this is fine. Clearly, had it not been for the takeovers of the629 words
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Article, Illustration1129 2001-09-06 8 John Miller - The region will likely benefit. Bnt will the huge expected rise in China's inflow of investment head off potential social and political instability? By John Miller The writer is head of Singapore New Market Development (Asean) at the Association of CharteredAFP - 1,129 words
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Article678 2001-09-06 8 Paul Krugman - COMMENTARY By Paul Krugman The writer is a professor of economics at Princeton University NYT IN the 1970s and 1980s, one often read about remote mountain villages where people stayed healthy and vigorous into their 90s, with some individuals reaching extraordinary ages. How did people in theseNYT - 678 words
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Advertisement31 2001-09-06 8 H Lianhe Zaobao I Infocomm I lr M anew I I tra 5 fortnightly I I publication I I from Lianhe I I Zaobao. I I lis aSSs®®^| IjjggSs I QI31 words
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REGIONAL news
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305 2001-09-06 9 KUALA LUMPUR Reuters. Bloomberg MALAYSIA'S Hong Leong Bank, part of billionaire Quek Leng Chan's diversified empire, said yesterday a recent rise in bad loans in the wake of a slowing economy may have reached a peak. "I believe we have reached more or lessReuters.; Bloomberg - 305 words
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LATE Briefs
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65 2001-09-06 9 AP [MANILA] Police seized US Federal Reserve notes with a face value of U5523.9 billion from two men and a woman in Davao City, officials said yesterday. Officers responding to a tip that drugs would be transported in a taxi, flagged it downAP - 65 words
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54 2001-09-06 9 AFP [KUALA LUMPUR] The world's top three rubber producers Thailand, Indonesia and Malaysia may adopt a joint export quota to control supply to boost sagging prices, a report said. A Malaysian official said apart from export quotas, a supply rationalisation and stockpile scheme wasAFP - 54 words
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66 2001-09-06 9 Bloomberg [MANILA] The Philippine Stock Exchange is investigating House of Representatives member Augusto Syjuco's claim that the owners of RFM Corp and Cosmos Bottling Corp manipulated the companies' share prices. Last week, Mr Syjuco said RFM chairman Jose Concepcion Jr and his son chief executiveBloomberg - 66 words
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60 2001-09-06 9 AFP [MANILA] Japan has signed a US$3 billion currency swap agreement with the Philippines and extended US$2l.6 million in grant aid to Manila, the Filipino government said yesterday. Under the accord signed last week, the Bank of Japan would provide a maximum disbursement of US$3 billionAFP - 60 words
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Article56 2001-09-06 9 Reuters [JAKARTA] Indonesia's Parliament has approved a government proposal to issue an additional 40 trillion rupiah (557.7 billion) of bonds for a deposit guarantee scheme to further prop up the battered banking sector. Government officials have said the proceeds could be used to fund furtherReuters - 56 words
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Article, Illustration556 2001-09-06 9 U KUALA LUMPUR In the last quarter it had tumbled into a net loss of RM29.37m Reuters MALAYSIA'S top bank, Malayan Banking Bhd (Maybank) said yesterday it was returning to profit in the current quarter after showing a loss in the previous quarter. "WeReuters; AP - 556 words
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535 2001-09-06 9 KUALA LUMPUR It will spend RM6Om; molls buying more land Bloomberg, Dow Jones Newswires KUALA Lumpur Kepong Bhd, Southeast Asia's No 1 plantation company, said it will spend RM6O million ringgit (5527.6 million) building two mills to crush oil palm fruitBloomberg,; Dow Jones Newswires - 535 words
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Article, Illustration435 2001-09-06 10 HONG KONG Beijing reportedly moiling projects with guaranteed profits for HK businesses Dow Jones, AFP HONG Kong's links to China will help it weather any economic storm as it will always be able to rely on the mainland for help, Chinese PremierDow Jones,; AFP - 435 words
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436 2001-09-06 10 Shada Islam - Paper calls for stronger ties with China and India, and bringing Australia, NZ into Asem From Shada Islam in Brussels ASEAN countries, long-used to taking centrestage in Europe-Asia relations, look set to play a less prominent role in an emerging European436 words
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126 2001-09-06 10 TAIPEI Reuters TAIWAN approved yesterday a proposal to allow mainland Chinese investment in the island's property market, a move designed to help revive the sluggish economy, but any quick fund inflows were not on the cards, said analysts. The move follows CabinetReuters - 126 words
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290 2001-09-06 10 TAIPEI Decision comes after apparent China ban on Credit Suisse First Boston Bloomberg FUBON Insurance Co, Taiwan's largest non-life insurer, hired Credit Suisse First Boston as financial adviser for the Fubon Group's plans to place five affiliates under one umbrella. TheBloomberg - 290 words
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ASIA Notes
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80 2001-09-06 10 Reuters [HONG KONG/BEIJING] Media giants AOL Time Warner Inc and News Corp said separately yesterday that they are in talks with Bering to increase their broadcast access to mainland China, which has a US$2.4 billion TV advertising market. Star Group Ltd, a unitReuters - 80 words
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66 2001-09-06 10 Dow Jones NewsWires [HONG KONG] The Hong Kong government is considering cutting the size of the next batch of Tracker Funds, Hong Kong Economic Times reports, quoting Chan Kam-lam, a director of Exchange Fund Investment Ltd (EFIL), the government adviser. The governmentDow Jones NewsWires - 66 words
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Article62 2001-09-06 10 Bloomberg [TAIPEI] Taiwan said it will slash up to 6 per cent of government jobs this year as it tries to trim costs and pare a budget deficit amid the island's worst-ever unemployment. The government now employs about 300,000 employees. It wants to pareBloomberg - 62 words
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Article42 2001-09-06 10 Bloomberg [HONG KONG] Pacific Century CyberWorks plans to spend US$3OO million of its dwindling cash on the US$2 billion CyberPort project that spawned Hong Kong's Internet bubble, an analyst said. It will spend the money through 2002. BloombergBloomberg - 42 words
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Page 9 Advertisements
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Advertisement93 2001-09-06 9 p^^^^^HVT^PVP^B^^^PSHV |j^^jjjfcS|^BP^ ;ptjj iu»t piirchmt any of tIM MksfMoft toftuwi I Advanlegipn^emsiidg* W 1 1 HMi <»■<■ I iTjiwi^iiiiiofiwit mtf mr tto —«f 1 y»n *■»*■>^Wj^lWlW Count your benefits, add up your advantages and «ct immediately before this offer tfßappears. For detail*, cal our recommended Wcroeoft partners bo^°f^WWW^^ i^m T#flM93 words
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FINANCE
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309 2001-09-06 10 C K Lau Refco Singapore - OT Index/MSCI S*pore Index C K Lau Refco Singapore THE Singapore share market clawed its way back from negative territory to end almost unchanged yesterday on late bargain-hunting in selective blue chips. The benchmark Straits Times Index closed at 1,622.52 points, a mere309 words
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226 2001-09-06 10 Daniel Wong Refco Singapore - MSCI Taiwan Index Daniel Wong Refco Singapore TAIWAN stocks took a beating led by computer parts makers on concern HewlettPackard's acquisition of Compaq Computer may reduce orders and prices for suppliers. The MSCI Taiwan Stock Index lost 2.98 points or 1.42 per cent to226 words
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Article219 2001-09-06 10 Reuters London THE dollar rose by three quarters of a per cent against the yen to hit one-week highs above the key 120 level yesterday, boosted by flickering hopes of improving US growth. But the dollar steadied against the euro, losing momentum after racking up its biggest one-dayReuters - 219 words
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Article, Illustration1249 2001-09-06 10 DITERBAME CROSS RATES s%5 AS C$ Bwt Eiro Ffr Dw HK$ Ind H topto Yaw Won M M2S Hit ft N«o S$ >a«d Sir WT$ Bafct Pownd USS Australia 0.542 2J83 0.392 2.570 0.766 2.710 16.378 ***** 0.416 4 456 1320 0.809 22.274 17.776 0.607 2.949 0.592 12.013 15.397 02411,249 words
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Page 10 Advertisements
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QFB licences
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1065 2001-09-06 11 Angela Tan - HSBC, Maybank and BOC are the leading QFB contenders. Singapore's long-term strategy is seen as important in determining the winners Bk Angela Tan JUDGING by the qualifies tions of this year's appli cants for Singapore's twe remaining qualifying full bank licences, the centra] bank may1,065 words
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Article555 2001-09-06 11 Alvin Tay - By Alvin Tay EVEN if all the existing and aspiring qualifying full banks (QFBs) were to pool their automated teller machines (ATMs), they would still add up to only 107 less than a fifth of the two existing networks run by the local banks.555 words
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Article, Illustration1431 2001-09-06 12 Ling Su Ann - Real threat ahead with impending issue of two more QFB licences: analysts Ling Su Ann FOREIGN qualifying full banks (QFBs) are gearing up to pose a real threat to Singapore's three surviving local banks when the two new QFB licences are awarded and more1,431 words
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Page 11 Advertisements
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Advertisement9 2001-09-06 11 A CT A Raffles Place Suntec City BUSINESS CENTRE9 words
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Advertisement147 2001-09-06 11 w m K I I II I I TTT/^ITTT 1 r|rri amm mjr |3| r iFfF', r l A Lie back and watch your savings grow. With the ABN AMRO Millennium Account, your savings will work the hardest at the highest interest rate in town of 2.25% p.a.* for deposits147 words
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Page 12 Advertisements
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Advertisement2379 2001-09-06 12 BES GES International Limited Full Year Financial Statement And Dividend Announcement Fu*-year Inancal statement on consolidated results imlMywi ended 30 .tone 2001 These figures have no! been «uri<i«i G»o»jp Company srooo srooo Latestysar Previous year Change Latest year Previous he* Change 1 W Turnover 1.350,444 1,244.556 8 5 7.500 82,379 words
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Advertisement260 2001-09-06 12 recr«its»spfc.c<f.»g IN THE MATTER Of THE COMPANIES ACT, CAP 50 AND IN THE MATTER Of SIMEII f ASH lON CONCEPT (S) PTE LTD (In Members' Voluntary Winding-Up) SPECIAL RESOLUTIONS PASSED ON 27TH AUGUST 2001 lAt on Extroordmory General Meeting of the Company held at 98A Amoy Street. Smgopore *****8 an260 words
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Advertisement221 2001-09-06 12 IN THE MATTER Of THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF GDI PTf LTD (In Members' Voluntary Winding-Upl SPECIAL RESOLUTIONS PASSED ON 27TH AUGUST 2001 Al on Extroordino' y General Meeting of Ihe Company held at 98A Amoy Street, Singapore *****8 on the 2/th August 2001 o*221 words
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Advertisement222 2001-09-06 12 IN THE MATTER OF THE COMPANIES ACT. CAP 50 AND IN THE MATTER OF RM COSMETICS ASIA PACIFIC PTE LTD (In Members' Voluntary Winding-Up) SPECIAL RESOLUTIONS PASSED ON 28TH AUGUST 2001 I At on Enfrao.-dinary Gene-ol Meeting of the Compony held at 98A Amoy Street, Singapore *****8 on the 28th222 words
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Advertisement178 2001-09-06 12 IN THE MATTER Of THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF RM COSMETICS ASIA PACIFIC PTE LTD j (In Members' Voluntary Winding Up) AND GDI PTE LTD (In Members' Voluntary Winding Up) j AND SIMEII FASHION CONCEPT (S) PTE LTD (In Members' Voluntary Winding Up) NOTICE IS178 words
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Advertisement418 2001-09-06 13 J* ~*Jsj£**" J w m^B l^ft j I c I H JS x jP'WytV ji 4 P <r rj |u K 1 Bf -J& M m. mM r X I 1 9 w ■■■P' R r m l- ■LJL J X"* l Hr <S K v Jv* HMI H m418 words
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Article1839 2001-09-06 14 SIOOMrOTOEBS Sep5 RUB8E R (Mures closing as at 5.30pm) RSS1 CONTRACTS cents/kg) Close Votant Opt* Xowtfc Hkjh Low Sttt (tomes) Interest Oct 01 <02.00 Mo* 01 103.00 Ok 01 104.00 Jan/Mar 02 105.75 RSS 3 CONTRACT (US cmts/kg) Volume Open Month High Low Sttt (tonnes) Interest Oct 01 55.501,839 words
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WORLD news
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403 2001-09-06 15 BENTONVILLE. Arkansas It says fee hike by Interlink too steep; action takes effect on Oct 13 Bloomberg WAL-MART Stores Inc. baulking at what it called "outrageous" fees charged by an arm of Visa International Inc. said that next month it willBloomberg - 403 words
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LATE Briefs
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Article76 2001-09-06 15 Reuters [LONDON] Shares in the struggling telecoms equipment maker Marconi Pic dropped yesterday by 14 per cent to a record low of 45 V* pence, wiping a further 210 million pounds (***** million) off its value, after analysts cut their price target for the shares.Reuters - 76 words
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94 2001-09-06 15 AP [PARIS] Many of the world's richest nations began a three-day conference in Paris yesterday to review a blacklist of countries believed to be hubs of money laundering. The Organisation for Economic Cooperation and Development's task force on money laundering was assessing efforts by countries accusedAP - 94 words
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85 2001-09-06 15 Reuters [SEOUL] South Korea's economy would grow 2.7 per cent in 2001, against 8.8 per cent growth in 2000, as a prolonged economic slowdown overseas has hit the country's exports, a private-sector research institute forecast yesterday. "The GDP growth will be onlyReuters - 85 words
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66 2001-09-06 15 AFP [FRANKFURT] Deutsche Bank, the biggest private bank in Germany, could be listed on the New York Stock Exchange in October, dailies Die Welt and Handelsblatt reported yesterday, quoting company sources. But the condition for such a listing would be the approval of theAFP - 66 words
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Article76 2001-09-06 15 Reuters [LONDON] Barclays Bank Pic yesterday became the latest firm to join an exodus eastwards from London's historic financial district to the rejuvenated Docklands, boosting shares of the area's developer Canary Wharf. Barclays and Canary Wharf Group Pic said in a statement they had agreedReuters - 76 words
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92 2001-09-06 15 Reuters [SEOUL] South Korea will inject another 1.5 trillion won (Ss2 billion) of public money into ailing Korea Life Insurance, state-rim Korea Deposit Insurance Corp (KDIC) said yesterday. A KDIC public fund committee approved the plan to help the nation's third largest lifeReuters - 92 words
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Article, Illustration469 2001-09-06 15 Neil Behrmann - It has shrank 21% to USsl7,ooob in the 12 months ended June From Neil Behrmann in London TRILLIONS have been wiped off global stock markets during the past year, but economists are uncertain about the impact on consumption spending patterns. An analysis by Merrill LynchFILE PHOTO - 469 words
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301 2001-09-06 15 OKLAHOMA CITY Move will make it top N American independent oil and natural gas producer Bloomberg DEVON Energy Corp agreed to buy Anderson Exploration Ltd of Canada for US$4.6 billion in cash and assumed debt to become the largest independent producer of NorthBloomberg - 301 words
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283 2001-09-06 15 Bloomberg [TOKYO] Talk about transparency. Bankers at ABN Amro NV's Tokyo branch are seething after the bank mistakenly e-mailed salary information to all 120 employees. The document, sent by the head of human resources, ranked each worker by the size ofBloomberg - 283 words
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290 2001-09-06 15 SYDNEY Reuters SOUTH Africa's Anglo Gold. the world's biggest gold producer, launched a surprise scrip offer for Normandy Mining yesterday, valuing Australia's largest gold miner at A 53.2 billion (555.6 billion). Normandy described the proposal as "logical" and said it recognised the needReuters - 290 words
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306 2001-09-06 16 WASHINGTON Bat it wants to be more selective abont borrowers Reuters THE International Monetary Fund said on Tuesday it has pared back the amount of conditions attached to its loans, but that more needs to be done on the policy, whichReuters - 306 words
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Article, Illustration528 2001-09-06 16 TOKYO Economists forecast 0.9% qnarter-on-qnarter drop in Q2 GDP Reuters THE prospect of recession in Japan, the fourth in a decade, loomed large yesterday after a survey showing a rise in investment failed to alter expectations that data this week will showReuters; FILE PHOTO - 528 words
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230 2001-09-06 16 Smokers take more sick days, underperform non-smokers at US airline AFP [PARIS) Smokers who claim that a cigarette helps them work better are given the lie by a study which shows they not only need to take more time off for sickness but alsoAFP - 230 words
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256 2001-09-06 16 PARIS Bloomberg BNP Paribas SA, France's biggest bank, said secondquarter profit dropped 7.2 per cent, less than analysts expected, as demand for mortgages and consumer loans helped offset a decline in investment banking earnings. Net income fell to 1.16 billionBloomberg - 256 words
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248 2001-09-06 16 SYDNEY Bloomberg, Reuters AUSTRALIA'S central bank trimmed its benchmark interest rate a quarter percentage point yesterday, saying it needed to buffer the economy's "good" performance against weaker global growth. But while it was good news for the Federal government,Bloomberg,; Reuters - 248 words
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Article7670 2001-09-06 15 HONG KONG Vol Sp5 HKS (OOP) AcrossAsia Multimedia 1.03 -0.01 0 Alpha General 0.03 unch 1870 Amoy Prop 8.50 unch 2509 Ananda Wing On 0.08 unch ***** Angaog New Steel H 0.76 unch 8394 Anhui Conch H 1.57 -0.04 694 Anhui Expressway H 1.33 0.05 892 Arcontech Corp7,670 words
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Page 16 Advertisements
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Advertisement168 2001-09-06 16 I VENUE HOTEL INTER-CONTINENTAL SINGAPORE I DATE 20 SEPTEMBER 2001, THURSDAY I TIME 9.00 A.M. 3.30 P.M. I In today's competitive market, staying in business means downsizing for many I companies. While the decision to downsize is made for strategic and financial I reasons, it is important for companies to168 words
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Advertisement130 2001-09-06 16 V7|i ifi ■■■■■■MUIZfIK PFor over 20 years, our qualified professionals have been I assisting clients to venture offshore with confidence by I providing consultancy services on offshore structures, I shelf companies and incorporations in ALL jurisdictions I including I British Virgin Islands Mauritius I Cayman Islands Hongkong I Bahamas Samoa130 words
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Article2157 2001-09-06 17 BONDS WARRANTS iw r w$k i Latf M Bar MMi tq um Cm, Li« HUa "0 l* S* Mil Mm met finli|- ur 395 26 S ASTI ******1 a5 275 26 5 26 5 47.5 133 Amtek W*****0 3*5 -0.5 124 36.5 3S 35.5 36 37 291 332,157 words
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Advertisement840 2001-09-06 17 Call toll-free 1860 741 1883 IN THE MATTER OF THE COMPANIES ACT CAP 50 AND IN THE MATTER OF BESONDERS PTE LTD (In Members Voluntary Winding Up) RESOIUTIONS PASSED ON 3RD DAY OF SEPTEMBER 2001 Al an Extraordinary General Meeting of the Company held at Casablonco Tower 1 <1603 Jl840 words
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Advertisement540 2001-09-06 17 ASEAN SUPREMF FIIKjn im (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Fifth Annual General Meeting of the Company will be held on Saturday, September 29 2001 at 10.30 a.m. at the Orion Room 3;level 2, Marina Mandarin Singapore, 6 Raffles540 words
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Advertisement701 2001-09-06 17 ASEAN SUPREME FDKin ITn (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING FOR SHAREHOLDERS GlVEr i. ,ho f, P™A°««NARY GENERAL MEETING of ASEAN SUPREME FUND LTD (the Company will be held on Soturdov. 29 September 2001 immediately after the conclusion or adpurnment of the Annual General Meeting701 words
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Article7769 2001-09-06 18 SGX MAINB0ARD Gr Gr M m U-Wk Last <M Day U«t QmM Mi Mi W M Cm Am HI0I L— Cwwpany i* W- f—> WtM I— >■>» Ww Cw W Ind Ma MULTI-INDUSTRY 143 34.5 cAcmaSOc 35 5 unch 42 35 5 34.5 35 35.5 0.5 199 077,769 words
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Page 18 Advertisements
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Advertisement40 2001-09-06 18 |>j Le maitre de»l'horlogerie depuis 1875 A WATCHES Regional Agent. Showroom ft Service Centre: AUDFMARS PIGUET (SINGAPORE) PRIVATE LIMITED. 501 Orchard Road #03-10/11 Wheelock Place Singapore *****0. Tel: 238 6678 Fa*: 238 6676. .Nger Ann Orv •Lwiy'phza Tel- 737 4S9J40 words
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BIZ woman
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265 2001-09-06 19 CHOW CHEE-MAY - Financial independence the reason for the numbers, says CHOW GHEE-MAY CHOW CHEE-MAY Reuters [HONG KONGJ HONG Kong women are staying single longer as they become more financially independent. The number of older single women in the territory has surged in the past 15 years,Reuters - 265 words
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Page 19 Advertisements
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Advertisement950 2001-09-06 19 I Institute of Certified Public Accountants of Singapore 1 The SGX Listing Manual was recently revised to incorporate international best practices in capital markets. One J *9 n cant amendments is the modified adoption of the International Organisation of Securities Commissions lIV (IOSCO) prospectus disclosure standards which were issued by950 words
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Page 19 Miscellaneous
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Miscellaneous409 2001-09-06 19 CRYPTIC CROSSWORD ACROSS 2 Getting off before the terminus, 1 [2 [3 P (6 [7 1 Seeing shoot in some discom- ,rea d on people's toes (6) fort (8) 3 Made to work not under or- 5 Flat includes parking, which is cters (6, 2) HI essential (6) 4 Bearing409 words
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Page 20 Advertisements
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Advertisement180 2001-09-06 20 1 "^V^ j J _JB I St B®/ v ft it 4, P^ There's A Better Way To Bring Work Home. Zip® Drive Lets You Take Your Data Wherever You Go. Your sales report cannot wait. Neither can the children screaming for your attention at home. Time for some serious180 words
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BIZIT
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Article, Illustration504 2001-09-06 20 It's confident that with new mobile Web phones, it won't have to slash prices Reuters [NEW YORK/HELSINKI] FINLAND'S Nokia said on Tuesday the debut of high-speed mobile Web phones later this year should shield the world's top cellphone maker from being forced to join rivals inReuters; FILE PHOTO - 504 words
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Article, Illustration187 2001-09-06 20 Bloomberg [WASHINGTON] Michael Dell, founder, chairman and chief executive of Dell Computer Corp, exercised options to acquire 4.2 million shares of the No 1 personal computer maker for a gain on paper of about US$Bl million. He bought the shares for US$l.45 toBloomberg - 187 words
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Article368 2001-09-06 20 They band together to warn buyers against grey market goods intended for overseas AP [WASHINGTON] A group of American high-tech companies is opening a campaign to protect consumers from unwittingly buying products intended for overseas markets that may not work in the US. Fueled by theAP - 368 words
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280 2001-09-06 20 AP [SAN FRANCISCO] Oracle Corp chief executive Larry Ellison reaped a US$7O6 million windfall by cashing in millions of stock options while his company's recently swooning shares were still flying high, according to documents filed with securities regulators. Mr Ellison, one of theAP - 280 words
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Article103 2001-09-06 20 [SINGAPORE] Catcha.com Ltd has signed up with Media Fix Pte Ltd to acquire Juice magazine, "which is devoted to-readers seeking an entertainment and nightlife oriented lifestyle." Catcha.corn's CEO and co-founder Patrick Grove will be the magazine's publisher; Tricia Lee will continue to be its managing editor.103 words
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202 2001-09-06 20 Reuters [WASHINGTON] The Treasury Department will unveil today a system to let companies and individuals file tax returns and pay taxes via the Internet, Deputy Treasury Secretary Ken Dam said, according to The Wall Street Journal. The system also will allowReuters - 202 words
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168 2001-09-06 20 Bloomberg [MILPITAS, California! Solectron Corp had its corporate credit ratings lowered by Standard Poor's as the No 1 contract manufacturer of electronics struggles with debt, excess capacity and weak customer demand. The company's corporate credit, senior unsecured notes, and senior unsecured bank loan ratingsBloomberg - 168 words
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455 2001-09-06 21 New company may have more leverage to command lower component prices from suppliers Bloomberg [SINGAPORE] HewlettPackard Co's purchase of Compaq Computer Corp may hurt Asian electronics makers as the combined company may cut suppliers and seek lower prices, analysts said. Asian electronics manufacturersBloomberg - 455 words
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Article108 2001-09-06 21 AFP JSAN FRANCISCO] Some 15,000 workers will lose their jobs as a result of the merger of technology company Hewlett-Packard and computer maker Compaq, the latter's CEO said on Tuesday during a press conference. According to Michael Capellas, Compaq's current CEO, the newly merged entity, beingAFP - 108 words
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Article, Illustration443 2001-09-06 21 HP-COMPAQ MERGER Investors, analysts concerned abont lack of new strategy NYT [AUSTIN, Texas] To hear Carly Fiorina and Michael Capellas tell it, the proposed marriage of Hewlett-Packard Co and Compaq Computer Corp was love at first sight. But after hearing Ms Fiorina and Mr Capellas announce their engagementNYT; AFP - 443 words
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255 2001-09-06 21 FT, Bloomberg [SAN FRANCISCO] The first big technology industry takeover since the end of the 1990s boom met with a cool response on Tuesday, with investors sending HP's shares down 18 per cent after it unveiled a US$2l.4 billion all-stock purchase of rival Compaq. TheFT,; Bloomberg - 255 words
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Article, Illustration707 2001-09-06 23 PAUL CHAN - As Big Blue's stock closes 1.5% up, both HP and Compaq see their stock prices drop, reports paolcham PAUL CHAN HEWLETT-PACK-ARD Company's acquisition of Compaq Computer Corp seems to have had no effect on the world's No 1 IT company, International Business Machines Corp. IBM's707 words
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Article331 2001-09-06 23 Chen Huifen - It wins nod from Frost Sullivan for topping call centre, WLAN markets By Chen Huifen AVAYA Singapore Pte Ltd won two Market Engineering Leadership Awards last week. The awards were for excelling in call centre and WLAN (wireless local area networks) markets in the Asia-Pacific331 words
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Article615 2001-09-06 23 Benjamin Fulford - By. Benjamin Fulford THE fracas pitting Microsoft against Sony against Nintendo seems to be over which one has the better videogame console. But there is more at stake: the fate of the Internet. That's the view of Ken Kutaragi, 50, the designer of the Sony Play Station615 words
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Article, Illustration739 2001-09-06 24 kenneth james - TECHNOLOGY With players committed to its technology, looks like It holds the chips kenneth james October, 2000. San Francisco's historic Fort Mason is the venue of an industry event dubbed The eXCHANGE which has attracted over 2,000 IT executives and is showcasing739 words
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Article, Illustration498 2001-09-06 24 Jennifer Lien - Top execs outline the company's plans at its three-day developer fornm From Jennifer Lien in Silicon Valley MICROPROCESSOR giant Intel Corp wants to dominate not just the computer world, but also every "major junction in the Internet". In a series of keynote speeches delivered498 words
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Page 21 Advertisements
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Advertisement42 2001-09-06 21 Esco Polycomfireje/ifo A NEW TIME-ZONE j& A•! IITTi 4 t A P. g k' t *a ESCO Audio Visual Pte Ltd y*T 119 Genting Lane #05-02 H&H Building 5(*****0) JjUL Df) IVC O M OBDanßl Tel: 744 3100 Fax: 745 2898 >\¥ 142 words
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Advertisement129 2001-09-06 21 V ■fcfcUtoH»>-*» ■WBU^Kr. Which is why you'fffaff in Cove with 7sfCECs I*V 1200 f umens high- brightness projections j fur you're courting a single cCicnt or a Career f audiena, the'bfiEC LT'iss 2.2fymicroportaft(eprojector is a sure-winrier. With d\gita( ciarity and an eco-mode H w, option, it projects versatility at its129 words
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Page 22 Advertisements
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Advertisement56 2001-09-06 22 Introducing Inspire the Next o«t« I Qm I H aafetea <51 9 Reduction Fee WMffBSgBIIWIgMMMMIIMMI M 'iIP l&aHlMfc-« BoHBTBrHjM nfev v -j #11 r u ™«3reEß»MllBffgßßlSllMßElgiagElallgßlßBHlßinjßllßaffßlSaMßiEllfißßg^^ v i. r fc ff i -i /^^■MpwfSjHtjiSjlMßjllWlllMffi Asc ,a i§ti fell"-?':»i^fmSi^ < r/ r i#. JaSBRP™-< IN-HOUSE system ASP l^HßlM3lM|iVfWHfHHtfiNfl|M|iK^^ Example: TOTAL $414,00056 words
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Page 23 Advertisements
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Advertisement537 2001-09-06 23 At just 1-inch-thin and 2.4 kg, it's truly a portable portable. \fJp With Apple iTunes, you can import and manage your entire Yet it's remarkably engneered to offer a full set of features #r!T digital collection, listen to your Eavounte hits on your that rival today's heavyweight portables. Powerßook, or537 words
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Page 24 Advertisements
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Advertisement315 2001-09-06 24 y t jt. •v; >v I confidence" 1 X y n* m THE SUNTONE" SEAL n How an unassuming check will change the way people look j at service providers. a J I J I I W I I In the tumultuous service provider marketplace, you need a standard that315 words
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SHIPPING TIMES
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Article278 2001-09-06 25 Reuters THE Baltic Dry Index (BDI) fell eight points to 910, the Baltic Panamax Index (BPI) lost nine points to 941, the Baltic Handymax Index (BHI) shed 13 points to 7,712 and the Baltic Capesize Index (BCI) was down 13 points to 929. TIME-GHARTEZL ♦Yong Feng—(built 2000) 74,099Reuters - 278 words
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Article280 2001-09-06 25 Stt HMO n»» a m CWT Distribution OM met 14 Chum Hup 0.33 0.01 872 Cosco mv*stm*nt 0-21 0.01 364 Fr*ight Links 0.07 unch M GSHoMngs 0.53 unch 0 MC Holdlngs-HK 5.60 unch 0 Jaya MoMng* 0.1S -0.01 377 KappalCorp 3.12 unch 1407 Kapp*< FELS 1.52 unch 810280 words
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Article, Illustration428 2001-09-06 25 Donald Urquhart, Beth Jinks - ASIA PACIFIC MARITIME 2001 He says Singapore benefits from increasing container volumes generated by China's growth Reports by Donald Urquhart, Beth Jinks [SINGAPORE] CHINA should be viewed as an opportunity and not a competitive threat to Singapore's dominance as a container transhipmentRICHARD CHNG - 428 words
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Article, Illustration69 2001-09-06 25 [SYDNEY] Deep-sea recovery divers from the Japanese Maritime Defence Ship JDS Chihaya being lowered into the waters off Pearl Harbour Naval Base, Hawaii, during a training dive in preparation for the recovery of victims and items from the Japanese fishing trawler Ehime Maru. The Ehime Maru sunk withAFP - 69 words
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132 2001-09-06 25 AFX [KUALA LUMPUR] The merger between port operators Klang Container Terminal Bhd (KCT) and Klang Port Management Sdn Bhd (KPM) in Northport will conclude by the end of the year, Malaysia's Business Times reported quoting Northport chairman Ahmad Sarji AbdulAFX - 132 words
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301 2001-09-06 25 Beth Jinks - By Beth Jinks [SINGAPORE] The Liberian Registry has experienced rapid growth in tonnage this year, registering another 134 ships, including 50 newbuildings since January despite calls from the International Transport Workers' Federation (ITF) that shipowners boycott the flag. The registry faced widespread allegations301 words
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380 2001-09-06 25 [SINGAPORE] The economies of scale may not always balance out the added expenses and inconveniences of running mega ships, delegates at Singapore's Ports and Shipping Insiders' Conference were told yesterday. Speaking at the event being held alongside Asia Pacific Maritime 2001 at Singapore Expo,380 words
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SHIPPING news
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756 2001-09-06 26 David Hughes - NL'WBUILDS By David Hughes Although this week's list is something of a mixed bag, one class vessel features particularly strongly. Demand for products tankers has been strong for sometime. No less than nine products tankers orders are recorded, all for vessels of about756 words
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Article, Illustration308 2001-09-06 26 Travel agents outraged by cruise leader's move: report Reuters [NEW YORK] US cruise industry leader Carnival Corp said it would cut in half travel agent commissions on the air travel portion of cruise bookings, the Wall Street Journal said in itsReuters; FILE PHOTO - 308 words
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Article166 2001-09-06 26 PACE Appensfrp 5 Assets 5 BSA 7 B tang Mis i CCNI 7 CMA CGM 3 COSCO 3 Colony Log 5 9 Central Ex 6 China Shpg 5 Cougar 7 CWT GloOelink 7 Del mas 4 OiakUoyd i Dongnama 3 ECl 4 ECU Line 5/6/7 Evergreen 6166 words
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Article6136 2001-09-06 32 THEBUSINESSTIMES Page 8 EXPORT THURSDAY, SEPTEMBER 6, 2001 ETA ETA Advertiser Vessel Voyage Telephone SIN Dest n Name Name Number Number To ABIDJAN (ABJ) 2003 Cote D'ivolre 17/09 20/10 Del mas HYUNDAI GENERAL 333W 65-*****44 18/09 16/10 Kien Hunq ROYAL CONTAINER RCXMS 65-2250U3 19/09 24/10 COSCO EMPRESS SEA6,136 words
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SHIPS IN PORT
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Article740 2001-09-06 33 VasMl Voy No Barth Arrival Departure Xing Zhong M OIMA *j05 05/09/4:15 05/09/2359 Golden to* V004 J24 05/09/505 06/09/800 Spc Capricor 92 JK 05/09/5:25 05/09/1900 Rss 1 03-Jan J12 05/09/7:40 07/09/7:00 C Success 05-Sep J» 05/09/805 05/09/1700 AAhar P*ra J6090I J02 05/09/6:25 05/09/2339 Aulia Seraya 29-Jan J05 05/09/7:55740 words
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Article2014 2001-09-06 33 RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO Booking BoUnce Rstls Ship Voy No Etb/ttr Portod From To FroM ACt COW* ATOM 4/8J0 O4/TTOO 05/04W OVOTO a 04/1700 05/0459 05/0900 os/otoo os/nw ovmoo 4 05/1200 OS/MM 05/TT00 4CTWMM 07K24 7/2tW 2A 04/1700 05/04W 05/0900 04/T700 05/MW OVOTO 32,014 words
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Article199 2001-09-06 33 September 15 Japan: Respect for the Aged Day September 19 Mexico: Independence Day September 23 Japan: Autumnal Equinox Day O%M NfMMT Z4 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 October199 words
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Article767 2001-09-06 33 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the mar ket. Prices shown are based on average sized stem. Market movements are indicated. The Cockett Bunker Price Index change767 words
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Article442 2001-09-06 33 Carbon 180 Max 977.6 0J S.9 0.05 79 0.03 An| 30 Density Water Residue As* Aluminium SUImi* No above E2S 0 0 2 0 0 0 380 Ave 986 6 0.2 BJ 0.05 20 0.02 ba. 380 Max 990.5 0.7 18.4 0.08 80 0.08 M/W3 Hirt442 words
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AIR & LAND transport
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Article, Illustration386 2001-09-06 34 They want more compensation for passengers bumped off overbooked flights Bloomberg (STßASßOUßG, France] European Union lawmakers were expected to call for quicker steps to enhance the rights of airline passengers, including increased compensation for travellers denied seats because planes are overbooked. TheBloomberg; FILE PHOTO - 386 words
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Article, Illustration618 2001-09-06 34 It will stick to a schedule to sell new and existing shares via local public offer Reuters [BANGKOK] Thailand's beleaguered national carrier, Thai Airways International, said on Tuesday it was pressing ahead with plans to attract a major foreign investor in theReuters; FILE PHOTO - 618 words
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Article, Illustration296 2001-09-06 34 AP [ROISSY, France] An Air France Concorde began a new round of training flights on Tuesday to prepare pilots and flight instructors for the aircraft's likely return to commercial use. French officials said last week that the decision on whetherAP - 296 words
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235 2001-09-06 34 (SINGAPORE] Singapore Airlines and its 49 per centowned UK-based associate Virgin Atlantic Airways will launch their first code share service on Oct 1, SIA said yesterday. Subject to government approval, the code share will be for economy class on the route between London and235 words
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141 2001-09-06 34 Reuters [HONG KONG) China Eastern Airlines has entered a deal with Taiwan's China Airlines in Shanghai yesterday to sell it 25 per cent of its cargo unit. If neither government blocks the long-awaited deal, China Airlines will become the first TaiwaneseReuters - 141 words
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128 2001-09-06 34 Reuters [LONDON] British Airways will cut 1,800 jobs by the end of this year, a spokeswoman said on Tuesday. The cuts represent about 3 per cent of the staffing that the airline had reported for its first quarter to June 30. NoReuters - 128 words
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Article1763 2001-09-06 34 an flight [i* flight no MMMt 8*7381 1930 1*7382 2055 0F82 2055 II— SO 35 0700 6*978 0130 *1837 1455 K1838 2255 5024 2345 SO 347 0545 S0348 2255 toddatf ****** 2045 H242K 2045 50 286 2045 ***** 2045 Mrata GH48 0935 StafMH* 8M21 1100 SOW1,763 words
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260 2001-09-06 34 Vessels can sail to China via Pengho under package approved by Cabinet AFP [TAIPEI] Taiwan's Cabinet yesterday approved proposals to expand limited transport links between the island and China, and lift restrictions on mainland Chinese investments in the realty market, officials said. TheAFP - 260 words
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Page 25 Advertisements
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Advertisement153 2001-09-06 25 Newbuilds: Demand for products tankers on the rise Pg2 EU lawmakers call for more air passenger Asia Pacific Maiffiipe If The Premier^^t^i Worldwide Industry Recognition... nJ~ p 0 exhibiting companies from f f 35 countries w 4—( U 10 country groups including J If V Australia, China, Germany, Italy, J*153 words
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Advertisement542 2001-09-06 26 NORTH AMERICA GULF/INDIA SUB-CONTINENT 1 BUPER SHUTTLE EXPRESS (SSX) jOULF KARACHI EXPRESS (QKX) wc "wssa —U T~si —m SIST" 1 s ss ss 021 00Q AMBMCA 54W35 OS/09 23/09 2S/09 CUBEHCI 041 07/09 OMIT 00/09 10/09 SSSSSSS V GO 14/09 OMIT 10/09 23/09 ASIA EAST COAST EXPRESS (AEX) 1 L_542 words
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Advertisement642 2001-09-06 26 nes represented by s\ of the Registry of Members of the Accrec^,, ®d Shipping Agents, Singapore Logistics Snjopw Shipping Association Association g ULY UM MAII vtssa Tvor HS Tn* PeS R KUUiG SPORE MAU Empress Lily VO7Ol 08/09 09/09 16/09 Princess Lily VO7Ol 22/09 23/09 30/09 Empress Lily VOBOl 10/10642 words
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Advertisement686 2001-09-06 27 ffnfv TO USA (SAX SERVICE) VESSEL VOY SIN ETA LAX OAK DAI HOU CHI COt HUM ATI NYC Aft HOLLAND IO2E 12/09 27/09 02/10 02/10 03/10 02/10 03/10 02/10 04/10 04/10 API ENGLAND 104E 19/09 04/10 09/10 09/10 09/10 09/10 10/10 09/10 11/10 11/19 104E 26/09 11/10 16/10 16/10 16/10686 words
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Advertisement1658 2001-09-06 27 TO ADEN T/T: 10 iAYS JIDOAB T/T: 11 OATS AQAM T/T i 15 OATS COST*R $h™P( Tn6*PII itd SSSST "W '"m&W K fSfSST jrSmS/r SS SSltfS s£ HIE CONVENTION Al *****0V50 *****23/73 W 5M60T8 "SSlmm H «™wT»W)«m« w u r» IW m she m»«o mi m o*i m a sha1,658 words
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Advertisement371 2001-09-06 27 Vtssa VOT SW PKG VOY SMI HKG KB. USH WS IMC M 5!!! JKT SUB WUWDMSWWB 0//W IVD9 14/W 19/09 77/W jjjfi Q//P _QW ACIUUK 0791 M/W 12/W 14/09 SSyyAM U2S I0Z« 12/W 14/W INTCSWGAK* 1105 14^9 hyuomwu ptoegss 04<x w w 13/09 L-^■^■^■HSFrnrarirriTTne^^^^Hße ofltcauNi; 112s 09/09 11/09 na 17/09371 words
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Advertisement1268 2001-09-06 28 SENATOR LINES TO iUROPt TO MMXXJE EAST/WAN/RED SiA vtssa »oy sw iflt «tm mm ma wv fu vissa »ot si m mi so mm PII6WAM SENATOR 00I7W M M JI M 21M M.M ?SM 74.M 17.M A 1 SAIAMA MltW 0» M IVM ILM 77.M TIM NAHM WW TOW 01IJW1,268 words
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Advertisement808 2001-09-06 28 ■LtfIMAC-NELS S'PORE M'SIA CMfton MN CONTR LINES, INC p. guoang (07) *****26 l-jyy Y~ J NO. <**********8 SBU: (064) *****9 MANILA: (632)*****24 PENANG: (04) *****36 BANGKOK. (682)*****57 SURABAYA: (31)*****11 P- KELAWG: (03) *****77 JKT: (21) *****46 KUCHXG (082)*****1-3 KOBE/OSAKA 1 LE HAVRE MV "OCEAN GENIUS" V. 105N MV "PUSAN SENATOR"808 words
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Advertisement407 2001-09-06 28 WEEKLY EXPRESS SAILING SCHEDULE WESTBOUND TO: COLOMBO NHAVA SHEVA (CFS MULUND. MUMBAI) ALSO ACCEPTING TO ALL NORTHERNANO WESTERN ICO POMTS VBSBNAMi |VOY jsTOIfIcOIOtUOH. SWV&I COtMKTMG ICONNKTMC vsnis* va-aww IWHISO SCIO3W ItSff ISSfP MS? MMMCIMMI UJftUMM SHEW ¥1131 VSS UMttW* EIPIESS 003* I7SEP 77 S» TtSff MMMIJ m JMMW wMtnmni3i w407 words
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Advertisement1072 2001-09-06 29 [VESSEL VOY I KHH I HKG SIN g^BMiWSWiI L PCI 227 gg/jO 03/10 06/10 07/10 14/10 15/10 17/10 19/10 Aho accept.no Conta.ner, tor all other PERSIAN GULF ports v» O.bai furthermore accepting LCL cargo lo BANDAR ABBAS OnL *t*-M SNip—tt t W PERSIAN GUtf t HtO St* 00* »«tr IRISI1,072 words
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Advertisement652 2001-09-06 29 wKKS K— Kid um_ -Sud S= *SSi S 8-5 -a«M— 1KB! I I w KEKSi! Jm li® 1 "Mfwir sSs? WU _VBSa VOY_ £43 «T JOANNA 39H IQ/W rtnturAT Si iUSI 91/99 *tjow»u mm fi/m WiSiii\ rtjoaiwa wis -SJffiS 2 Sf o—LStEia0—LStEia Sfe—Sb—— m ezg iSL- Mm, TWffl lIVB— STIOSN652 words
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Advertisement951 2001-09-06 30 EUROPE/UK/ SCAND4NAVIA EXPORT VtSSa/VOYAGI I SOP I ROM Mb jWV IMP m INV imwnfoinoiw 09/04 P/W Inm 3ftW EWKHBITO9S4BW24 law 2M» 29/09 01/10 OVIO OVIO (T USOOMMC 0117-OUW liffl OVIO OfcOO 07/10 a*aOWSBMO2 I 17/04 [imp Mo 11/10 EAST AND WIST MEDITERRANEAN/BLACK SEA EXPORT vesse/voyage isgp tm gna fos T"951 words
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Advertisement376 2001-09-06 30 I ARABIAN WRSIANCXJIJ/»4DtANSU»CONTWTS»VKI IXPORT VESSEL VOYAGE SGP CMR DUR DMN KM NXV AXM *D AOR QIYUNHE 0013* 07/04 11/04 2<VW 24/04 UNI AMPLE 0022D42W 10/04 20/04 22/04 24/ M UNI PROMOTE *****07W 11/04 15/04 21/09 22/04 21/04 UNO# 174W IVO4 25/04 27/09 01/10 UH ASPIRE *****3W 17/09 27/09 29/W 01/10376 words
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Advertisement424 2001-09-06 30 AfiQl WniNE SINGAPORE PTE LTD 15 McCallum Street #03-01/02 Natwest Centre Singapore *****5 Tel: (65| *****73 Fax (65) *****66 Email: general<&ecusin.eculine net Website: http://www eculine net lohore Bahru Office-Tel: (07) *****18 Fax: (07) *****62 DIRECT SERVICE TO SCANDINAVIA AARHUS COPENHAGEN GOTHENBURG OSLO HELSINKI (ALSO ACCEPTING ALL INLAND POINTS) For Bookings424 words
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Advertisement434 2001-09-06 30 INDONESIA NATIONAL LINE TO AUSTRALIA "T~ FULL CONTAINER SBWICE Wf_ *6 sw m M vn m m 1a m rorsom is b/wm/w m/m u/n u/n ii/n ww m it/wu/w i7/w d/w »/o» */w~ wndabbabi us i;/w u/w a/w k/i» ts/i# AHMET 4» W/WB/W >|/w 07/1* ••/>• IJ/14 FEEDER SERVICE TO434 words
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Advertisement416 2001-09-06 31 BSfl x mm. MYANMA wBBk FIVE STAR UNE W (Myannor Notional line) v Loading lor Yongoi VESSEL VOY SM PKL PEN PGU HPA-AN 209W SU) mong u aw SU) MALAYSIA AWNTS: OOUSTEAD StRPfMG AGENCIES KUL m 03-*****)00 KL TE 03-*****101 P(N; TU 04-2****** PGU: TEL 07-*****21/4 BANK LINE (A swvkt416 words
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Advertisement1223 2001-09-06 31 HMNE* HYUNDAI MERCHANT MARINE CO., LTD. [rasa wr TT sou [m rim ant I ham Imv Ivtssa wy sou i« rtm 1 ant 1 ham fiiv~ TT| APISPBfi 103W 04/04 24/04 24/04 24/04 27/04 A*GAR*T 1041 13/00 15/08 10/08 14/08 04/04 MOIADVANTAGE 004W 07/04 28/04 24/04 23/04 25/04 HTOUg 35011,223 words
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Advertisement957 2001-09-06 31 vtfrv WALLENIUS WILHELMSEN TO NORTH AND UTIN AMERICA "CAR RORO HIAVYUFT SERVICE* ivissa VOT lAMP HEIGHT SIN UC MAO 1 MM I SAV Ml Off I NTC NEW MOI TAUBOT AHIII 400T«h 6.3 M 11/00 2S/10 21/10 30/10 01/11 02/11 04/11 01/11 of/11 TAMPERE AHII9 400T«* 6.3 M 21/00 03/11957 words
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Advertisement16 2001-09-06 32 Consistent throughput, just like clockwork. m v 3n http://www.ptp.com.my General line: 607 SOA 22 22 'j/r16 words
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Page 33 Miscellaneous
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Miscellaneous122 2001-09-06 33 113E rfjSStefJ LEGEND: Issued by Meteorologies! Service Singapore K Thunderstorm A Showers 0 Rain Temperature Wind direction and speed in knots Cloud, Day Wea,he jazy Sea Conditions Wind speed symbols O Pu'l circle w/o line indicates calm or light and variable winds j -i—»One halt fleche represents 5 knots I122 words
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