The Business Times, 16 May 2002

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Total Pages: 46
1 46 The Business Times
  • 21 1 THE BUSINESS TIMES MITA(P) 010/03/2002 S I N G A P O R E Internet: http://business-times.asial .com.sg THURSDAY, MAY 16, 2002
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  • 73 1 □an 137.31 (+5.07) BTDOBEZFUTTHES 1,***** (+17.00) PI BDQCIFCTT7IES U 217.40 (+1.70) STOCK 1UXKET INDICES Wednesday Change KLSEOOMP 788.76 +114 NIKKEI 226 11,***** +286.78 HANG SENG _11,838.36 +148.05 SET INDEX 371.83 -616 JAKARTA COMP _538i® +016 MANILA COMP .1*7.66 +10.11 TAIPEI WPI 6,910.69 +164.77 SEOUL COMP 861(2 +2616 SHENZHEN
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  • 68 1 FOBBK BATES us$ ss US$(S$perUS$) 1.80? £(USS/S$ per 1.448 1616 EUBO(US$/S$/E). 0JW3 1.632 DMJ 1216 1127 YEN 128.0 70.90 RM 1800 1103 HKS 7.799 4117 BAHT 4180 2174 RUP1AH 9157 6,124 PIOKE BATES SINGAPORE* 515 KUALA LUMPUR s 40 HONG KONG 6.125 JAKARTA 89.00 TAIPEI 8.725 TOKYO i J75
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  • 860 1  -  ii exclusive UOB Kay Hian leads study of US model to beat SGrsfees By i Catherine Ong [SINGAPORE] A group of brokers, fed up with rising fees at the Singapore Exchange (SGX), is mulling the feasibility of setting up a rival electronic
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  • 536 1  -  ST Telemedia will take 50.47% controlling stake; new entity aims for listing next year By Quak Hiang Whai [SINGAPORE] Star Hub and Singapore Cable Vision (SCV) have finally struck a deal to merge their businesses in a share swap that will give Singapore
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  • 449 1  -  It had dropped same charge against his alleged accomplice Frorri, Eddie Toh in Kuala Lumpur THE Securities Commission yesterday defended its decision to charge corporate maverick Soh Chee Wen with defrauding a brokerage when it had earlier dropped the charge against Tony
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  • 721 1  -  liexclusive Thai senate panel visited Singapore twice last year From] Harish Mehta in Bangkok THAILAND is hoping to interest Singapore in investing in Bangkok's ambitious plan to build the 810 billion baht (Ss34 billion) Kra Canal, now renamed the Thai Canal. The
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  • 376 1 ItH use new MSCI Japan index fntnres to hedge its position Reuters [SINGAPORE] The Government of Singapore Investment Corp (GIC), which manages the city state's reserves of more than US$lOO billion, has about 10 per cent of its money in
    Reuters  -  376 words
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  • NEXT page
    • 571 2  -  Bush may veto Bill as amendment makes trade talks more difficult From Leon Hadar in Washington THE Bush administration suffered a major blow to its trade agenda after the Senate approved an amendment that would make it more difficult for the White
      AFP  -  571 words
    • 437 2 Issues of hnnuui rights, democracy, treatment off Anwar not tfacnwei daring Oval Office meeting, says Dr M Reuters PRESIDENT George W Bush set aside US concerns about Malaysia's checkered human rights record on Tuesday as he warmly welcomed Prime Minister Mahathir
      Reuters  -  437 words
    • 634 2  -  SINGTEL* IDA SUIT A duty to get best compensation for reduction in monopoly status Byi Conrad Raj (SINGAPORE] Singapore Telecom is vigorously defending itself against a government claim for the return of $388 million, to safeguard the interests of its 1.5 million shareholders,
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    • 92 2 IN the article "How managed accounts differ from unit trusts" (BT, Executive Money, May 15), it was reported that the fee for a US$l million account with Salomon Smith Barney slides to one per cent, and that for a US$2 million account to 0.75 per cent. SSB has clarified
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    • 125 3 rage SONY. A\^H Superior Video Recording Quality of Carl Zeiss Lens and CCD for Brilliant Images. Outstanding Picture Quality with Mega wK^gk ~< 55F- I i'4| Unique Touch Screen with Stylus Pen for Ease of Use. Your Precious Moments of HS) the Highest Quality. DCR-TRVSOE Emails Wirelessly Without a PC.
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  • SINGAPORE companies
    • 858 4  -  Group aims to beef up service, win more management contracts By Andrea Tan PARKWAY Holdings doesn't appear to be in the pink right now, but the man who has invested more than $325 million in the company is confident he can nurse
      FILE PHOTO  -  858 words
    • 433 4  -  Bank explains at AGM need to maintain capital ratios after Keppel Tat Lee cash offer By Siow Li Sen OCBC Bank shareholders zeroed in on the bank s dividend policy at yesterday's annual general meeting with the board. While shareholders clearly had their eye
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    • 445 4  -  Vehicle servicing and diesel sales rake in $27 Jim By Christopher Tan TRANSPORT provider Comfort Group has again posted double-digit gains. The operator of Singapore's largest taxi fleet turned in net earnings of $68.02 million for the year ended March
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    • 739 4  -  kalpana rashiwala Major office landlords in the Central Business District are closely watching what City Developments decides to do with its recently-awarded "white" site in the New Downtown, since this may have significant implications for their balance sheets and bottom lines. The
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    • 649 5  -  It will boost its regional presence, focus on high-value IT products Bu David Boey DIGILAND International Ltd, a main board-listed distributor of information technology (IT) products, said yesterday that it plans to raise its sales to $3 billion by 2005 by building
      FILE PHOTO  -  649 words
    • 372 5  -  Mm is aimed at m«re flexibility, it says in SEC filing By Chua Hui Min CHIP maker Chartered Semiconductor Manufacturing is in talks with bankers to relax default rules on a subsidiary's loans of US$lB5 million, it said yesterday in
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    • 339 5  -  Byi Aaron Low INVESTORS in Europe and the UK are concerned about the long-term effects of rising competition from Malaysia on Singapore, according to a report by Salomon Smith Barney. The report also points out that unit labour costs in Singapore are still
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    • 229 5  -  By Vince Chong MEDIASTREAM yesterday announced a $13.8 million acquisition of a container rental business in a share swap that will result in a backdoor listing for Allandes Corporation. The conditional deal, to be paid with 210 million new Mediastream shared, will give Allandes'
      229 words
    • 409 5  -  A deal would boost capabilities in high-end, high-mix, low-volume PGAs By] David Boey VENTURE Manufacturing said yesterday it is discussing the purchase of a printed circuit assembly (PCA) plant from US-based Agilent Technologies but stressed that no agreement has been
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    • 479 5 But property and brewery arms expected to perform well Reuters FRASER Neave Ltd, which sells CocaCola and Tiger Beer and owns shopping malls, will likely report good results from its property and brewery units but lower overall first-half profits this week, analysts
      Reuters  -  479 words
    • 187 7  -  It sees faD-year profit of HS$L5m, verms 2001 lass ofUSSaim Byi Chua Hui Min NASDAQ-LISTED Pacific Internet bounced back into the blade with a net profit of US$2OO,OOO for the three months ended March after tumbling into the red with a
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    • 196 7  -  They will be priced at 5% discount to yesterday's price; it will raise $12m By Vince Chong WATER treatment specialist Hyflux said yesterday it Will place out 10 million new shares at $1,235 apiece to BNP Paribas Peregrine, subject to relevant approvals.
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    • COMPANY Briefs
      • 82 7 AY ALA International Holdings has applied to the Singapore Exchange to delist its shares. This is because Routledge Investments Pte Ltd, which made a general oflSor fix* Ayalacm April 17, had by May 13 received acceptances representing9B.os per cent oT the lamed capital afttke oompany.lt hat
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      • 41 7 GIANT Wireless Technology yesterday denied market rumours that the company was negotiating to place otrtaone of its Bha-es, saying that M such rumours are untrue and that it does not has such intention at this moment"
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      • 95 7 CHIP Eng Seng Corporation said that Chip Sag Leong Enterprise Pte Ltd (CELE), a wholly owned subsidiary, had signed a Joint venture agreement on Tuesday Willi NTUC Choice Homes Cooperative Lid tobillldarßftitienttal miwinmfaitiwf AngMnH'frt Earlier, CELE and NCH had tendered fix-aland parcel in
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      • 42 7 Dow Jones Newswires CONSTRUCTION company Wee Poh Holdings Ltd yesterday asked for an tamsdiate suspension in tradingofits shares pending the release of an announcement on "a breakthrough in negotiations" in Its ftind-raising efforts. Dow Jones Newswirts
        Dow Jones Newswires  -  42 words
      • 79 7 TT International (TTI) said it has signed a |874 million financing facility with five international banks—AßN Amro Bank, Chlao Tang Bank, OCBC Bank, Bank of East Asia (Singapore), and HSBC. OCBC was the arranger ofthe facility. Hie proceeds will be used to refinance TTTs
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      • 78 7 MENTOR Media said In a statement yesterday that a third party is in talks to take a stake in the firm, though nothing has been confirmed. This is in response to an increase in trading volume of Mentor Media shares yesterday Monthly updates on
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      • 134 7 Bloomberg [NEW DELHI] Bharti Tele-Ventures Ltd, India's biggest mobile phone operator, "is perhaps the cheapest growth stock in the world", said Dalip Pathak, managing director at the Singapore unit of private equity Arm Warburg Pincus Co. Warburg Pincus has invested USS29B million in Tele-Ventures, which also
        Bloomberg  -  134 words
    • 326 7 713% of carrier's total available space was utilised Bloomberg SINGAPORE Airlines Ltd filled more capacity on its flights in April, the fourth month of gains in almost a year, as more people travelled by air. Asia's third-largest carrier by sales said it
      Bloomberg; FILE PHOTO  -  326 words
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    • 72 4 yv The Royal Bank of Scotland pic SINGAPORE BRANCH 'i wi THE KEY TO YOUR UK PROPERTY FINANCE For further Information, please contact directly: Joyce Tan Tel: (65) 6439 3721 or E-mail: joyce.tan9rhoB.com Amy Wee Tel: (65) 6439 3739 or E-mail: amy.weeGrbos.com Eileen Tan Tel: (65) 6439 3752 or E-mail:
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    • 74 5 Treats and rnenei.. |ifaternati<^ial I dlnne^now of the week... p and we'll treat you and a friend to a movie preview* of 'Chariotte Gray', with every 2 lunch or dinner buffet ordered on Saturday and Sunday. Preview will be held at Stiaw Preview Theatre on 21 May 2002 at 7pm
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  • SINGAPORE markets
    • Article, Illustration
      280 6 OTHEK SINGAPORE INDICES M% 15 VALUE CLOSE WOWI 19.00 -102.00 irC— -*****.00 -4.0Q W1M»H -*****.00 4-2.00 459.34 +1.84 MlpBwBid 158.79 +2.09 1557.83 4-7.30 MEtriBwPwp 435.93 +1.96 PCO 20c 46,770.000 Roiy InCUS 10c 25,611,000 KLW Htdgs 10c 21^231,000 QianHulOc 20.599.000 People's Food HGK 50c 20,236,000 UniFood HK25C 19,853,000 Frontline 5c 10,061,000
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    • 314 6  -  HOT STOCK/ WARRANT By Ven Sreenivasan IS the United Overseas Bank's Wee family planning to use Haw Par to absorb the bank's non-core assets? UOB has large stakes, ranging from 43 to 58 per cent, in four listed units Haw Ear Corp,
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    • 756 6  -  r. sivanithy EVENTS during the past fortnight or so have raised some interesting issues the main one being whether the Singapore market has temporarily decoupled from Wall Street. If the answer is yes, the next question is: for how long? And more to the point,
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    • 605 6  -  >|g comment CURRENCIES Tliis despite jump in US retail sales, impressive tech news, Wall St surge larry wee THERE were more reasons to favour the greenback after another raft of bullish news from the US overnight, and yet there was little rush
      Source: Reuters  -  605 words
  • 2127 6 UNIT TRUSTS FUNDS atiSelect Asia T* Balanced 12* QtiSelect Asia TUt Growth 1231 OtiSelect Asia Tit Enh GrVi 1.1V AM Amto tait Mgt (S'poreJ OWelect Oob.1 Grow#. 1« Star Europe Eqty!* a79V CJOSelect Globel Income 1.1* Star Europe Bd 0.972/ CW dotoal HeaUhcar* Futd 0.9V Star Europe M 0.88* GtiGfc
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    • 978 7 OOLMN AQRMtESOURCES LTD (tocnrporiaU in Maurtoua) NOTICE OF ANNUAL GENERAL MEETING Ud «w-Coniww-) we be m AS OROMAffY BUSINESS 1 01 AOCOUn, 2001 tooMr M 2- To approve the Directors' Fees of 8904,562 tar the yHt ended 31 December 2001. (FY2000: SS60.000) b) Mr Tan SiauwLtang b) Mr. Hong Pian
      978 words
    • 147 7 MIME MATTER OF THE COMMMES ACT CAP SI AND M THE MATTER OF DOLMECHPTELTD (Incorporated In Singapore) (ki Hwtiii' toluntary Liquidation) negtarsJ Office: 35 Tannery Road *07-02/03 Tannery Block, Ruby ImfcstW Complex. Singapore *****0 NOTICE IS HEREBY GIVEN tot to Final Mooting of to Company dm at Registered Office on
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    • 331 7 In Ika MaNar of Tka Campaniaa Act. Cop. 30 And In*. Matter of M SOLD ft FKKNDS PTE LID STATUTORY DECLAMATION BY DWCTOtS OP COMMENT'S MAMJTY TO CONTINUE BUSINESS IYKASON OP ITS UAMUTICS Wa. NAUDE PATVKXIMNQ of 6 b» Walk S«mw> 4*Jto7, FIN. Na. P2OA4A43U. KEVIN KWAN ol 6 Kaw
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    • 1331 7 ASIA FOOD PROPERTIES LIMITED (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN dm an Annual General Meetint of Asia Food A !*>!■■ nil I h,. I^.« M 4 R^Ct 2 Samford 5X»_ at 249 pm aa Friday, 31 MmyMU to transact the following
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    • 642 8 BT ADVERTISING SPECIAL SCHOOLS t \IT WITHIN 1 KM I 1 L| Jt fM I I\ M \M 111 l I Nanyang Primary School W W« I Raffles Girts' Primary School The Chinese High School I "II I St Margaret's Secondary School hillside sanctuary sr* m S'pore Chinese Girls School
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  • EXECUTIVE suite
    • 419 9  -  Proceeds from the auction will go towards trimming the group's debts, reports ANDREA TAN ANDREA TAN AT least six properties linked to the now defunct Ken Air will be put on the block in the coming weeks, sources say. First up is the
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    • 884 9  -  By\ Pamela Tsui The writer is a research analyst at Chesterton Petty Ltd, Hong Kong THE residential property sector was the most active of Hong Kong's property markets last year. Residential properties in Hong Kong can be broadly divided into two categories: the luxury
      REUTERS FILE PHOTO  -  884 words
  • 481 9 OEVHOPBVOWNEB DKTWCT LOCATION SIZE TOTAL UNrtS NO. OF P«c£ refJUBf I J M.* fm 7' B («J*) LAUNCHED UNTTSSOLO (to*) A^reen Properties 3 C'wealthAva/SMjSpS 914-2,723 72 711 500 55^" 5 Wes,Coas,Creecen ">"*7 »> t» Z Ifraycott Sing Realty 10 Drayoott Drive 1.141-2.347 30 13 1300 FH
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    • 47 9 Collective Sale of CARLISLE LODGE Tenure: Freehold Land Area: 25,738 sqft J MP9B Zoning: Residential at GPR of 2.8 for more details and tender documents, please call e Marketing Agent at p Cred Ejtate ingapore) pte Ltd REa.esta-e 2 Rnky»on Greai, SerV,C Asa Insurance Building, Singapore *****7
      47 words
    • 86 9 .^^■l ~A~ I THE GLOBE £§gf|fe 100 Cecil Street MORTGAGEE SALE BY TENDER §5 Description A 15-storey office building with basement carpark. Building completed in 1992 Location Good frontages and prominently located at the junction of Cecil Street Boon Tat Street 1 Land Area 843.6 sqm or 9,060.5 sqft Lettable
      86 words
    • 260 9 Provides the Redundancy and fTr liHewn required for a non-stop vwmM. •No desim (WArr,; r access to major "Wco service managed facility services 4feeds of Incoming tower Supply Froed with raised floor g UPS back-up supply available V'' f\jfk Smoke detectors. VESDA A FM 200Vd M ln-house managed 24x7 security
      260 words

  • SINGAPORE news
    • 375 10  -  By' Vince Chong SINGAPORE'S retail sales index stayed in negative territory year-on-year for a fifth straight month in March, when it fell 4.6 per cent. This followed a 6.4 per cent fell in January and a 3.9 per cent decline in February
      Source: DOS  -  375 words
    • 623 10  -  TEBTBEPAT MBMTT Less than 10% of board members come from civil service, armed forces By( Chuang Peck Ming CONTRARY to popular perception, the boards of directors of government-linked companies are not dominated by senior civil servants and former army generals. According to Second Finance
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    • 295 10  -  No decision yet on launch date for the 481-nnit condo By] Kalpana Rashiwala ALLGREEN Properties is looking to price its Kerrisdale condo at Beatty Road at an average price of about $480 per square foot, sources told BT. Allgreen and its marketing agent
      295 words
    • 258 10 The Court of Appeal yesterday dismissed with costs an appeal 6y families of six victims of the 1997 Silk Air crash who maintained that deliberate human input brought the plane down, killing all 104 crew and passengers. The plaintiffs alleged that the Boeing 737
      258 words
    • 499 10  -  Htey hope move will discourage non-member hidden By\ Serena Ng A GROWING band of Pinetree Town A Country Club members have apparently stopped paying their monthly subscriptions in view of the club's impending sale and to make the asset less attractive to other private
      499 words
    • 334 10 Health regnlator tiesup with Aussie counterpart; S'pore hosts global meet THE fledgling biomedical industry got an early boost yesterday the signing of a memorandum of intent of cooperation (MOI) as well as the hosting of a global regulatory conference here. Health Sciences Authority (HSA) Singapore's
      334 words
    • 263 10 SPH Media works' year-old channels U and i improved their prime-time viewer ratings by about 1.3 per cent and 0.25 per cent in the first quarter of this year compared with the last quarter of 2001. The figures, provided by the Singapore Broadcasting Authority (SBA), were
      263 words
  • Page 10 Advertisements
    • 83 10 Companies can nominate themselves by completing the official nomination form. Companies must be homegrown, privately-owned and incorporated unc^r Singapore's Companies Act (1994 Revised Edition), with three years of audited statements. Enterprise 50 Secretariat, c/o Accenture 2 0 0 2 250 North Bridge Road, #33-00 Raffles City lower. Singapore *****1. www.enterpriseso.org
      83 words

  • MAIL bag
    • 216 11  -  Goh Teng Kiat Singapore I REFER to the letter "Declare dividend franking credits" by Chia Hui Ping (Mailbag, May 7). The writer has suggested that SGX consider requiring companies to declare their accumulated dividend franking credits. As a low-income shareholder, I am happy to
      216 words
    • 235 11  -  Pearlyn Koh Siew Lin Singapore I REFER to Genevieve Cua's article "New tax regime may kill off SRS: adviser" (BT, May 8). Contrary to the analysis of Andersen private client services director Roy Varghese as quoted by Ms Cua, a check
      235 words
    • 141 11  -  Lee Kwok Weng Singapore MP INDERJIT Singh has hit the nail on the head ("MPs label Budget 'watershed', 'fair', 'insignificant', 'incomplete' BT, May 14). The government has a hand in almost every sector of industry either directly through its regulators, civil servants and statutory
      FILE PHOTO  -  141 words
    • 512 11  -  Kufl Seydali Austria via Internet I READ Corinne Kerk's article "The Great Divide" (Weekend BT, May 11) with interest and feel that she seems to be repeating the Greek position, rather than presenting the problem fairly. The era 1963-1974 represents dominance to the Greek
      CORINNE KERK  -  512 words
  • Page 11 Advertisements
    • 54 11 HiMfcomMM E-maHu*lbtiett*r**ph.com*gorfaxu* Ut0319-8277, or write to: The Bualnee* Time*, SPH HQ, 1000 TomPwyohNorth, Podium Uvel3, Singapore3lB994. We need your Mneme,addreea and telephone number, ao we cm verify It came from you. Pteamua* temperate language, and beer In mind Kbel law*. We reeen* the right to aeiect letter* Ibr pubicatlon and
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    • 315 11 Where will you go with your free ticket? B* <mF Choose World Business Class SM and you know exactly what's awaiting you seats that recline to 150°, first-class cuisine and a digital entertainment system. What's more, for a limited time, it's easier than ever to earn a free ticket. Simply
      315 words

  • EDITORIAL & opinion
    • 678 12  -  E7TI bottom line OPINION leon hadar The writer is BT's Washington correspondent WILL President George WBush end up vetoing the Trade Promotion Authority (TPA) legislation altogether? Hie US Senate's approval of new trade negotiating authority (also known as the "fast track" sought by Mr
      678 words
    • 91 12 The troops are ready to fight Conditions have been publicly set for demobilisation that have not been met (President) Musharraf has overplayed his hand The Americans are preoccupied elsewhere. And key figures in the Indian government are spoiling for a fight' a South Asia commentator, on the
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    • 632 12 EDITORIAL SHOULD the Singapore Exchange (SGX) follow the lead of exchanges like Nasdaq and impose requirements that could mean delisting of companies that fail to satisfy certain minimum price and/or liquidity guidelines? It would certainly be controversial, especially since SGX is currently engaged in a
      632 words
    • 1082 12  -  Hie strong public sector must forge a partnership not compete with the private sector. This means correcting the skewed allocation of human capital and talent By Dinesh Senan The writer is a Singaporean who runs his own knowledge management firm. He contributed this article
      FILE PHOTO  -  1,082 words
    • Article, Illustration
      895 12 NlMrlMla'klMl RUSSIA and the United States have finally recognised that the Cold War is over more than a decade after the collapse of the former Soviet Union. By agreeing to cut their nuclear arsenals by two-thirds, they have taken an important step in making the world a safer place.
      REUTERS  -  895 words

  • FOCUS myanmar
    • 1433 13  -  A Malaysian diplomat a reformist general and the force of the Internet seem to have pushed Yangon to change savs TAMO wggw YANG RAZALI KASSIM The writer is BT's Regional Editor THERE is no denying it. The release of Aung San Suu Kyi from house
      WIRE PHOTOS  -  1,433 words
  • Page 13 Advertisements
    • 209 13 announcing a new powerhouse in the world of stock trading. KMSm DBS and TD Waterhouse bring you a more profitable way to trade. Pick from stocks in Singapore, the United States, Canada, Hong Kong, Shanghai and Shenzhen. iBrrETTEjrjTTjE*! y° ur m °use or make one telephone call and your trade's
      209 words

  • REGIONAL news
    • 1054 14 His story, some say, is hardly different from that of many businessmen on a get-rich-quick plan, but his colourful persona certainly stands out [KUALA LUMPUR] SOH Chee Wen seemed a picture of calm as he made his way through the KL International Airport
      AP  -  1,054 words
    • 259 14 SINGAPORE Local institutions should hold at least 50% of market share: Zeti Dow Jones Newsswires MALAYSIA wants a financial system where domestic institutions hold at least 50 per cent market share, reports the Far Eastern Economic Review in its latest edition to be published
      Dow Jones Newsswires  -  259 words
    • 181 14 KUALA LUMPUR Reuters MALAYSIA yesterday introduced a new policy allowing corporate groups and individuals to own stakes in more than one unit trust management firm. Previously, a group of companies could only own shares in one unit trust management firm. "The present flexibility
      Reuters  -  181 words
    • 192 14 KUALA LUMPUR Reuters TELEKOM Malaysia denied it would mount a hostile takeover bid for cellular rival Technology Resources Industries (TRI) if merger talks fail. Telekom said recent reports saying it would take over TRI if negotiations to integrate their mobile operations failed was "based
      Reuters  -  192 words
    • NOTE Book
      • 86 14 Bloomberg [KUALA LUMPURJ Petroliam National Bhd, Malaysia's state oil company, almost doubled the size of Its bond sale to USS2.6B billion, bankers involved said, making it the largest offer ofdebt by a company In Asia outside Japan. Petronas is offering US$7OO million ofbandsmattHing
        Bloomberg  -  86 words
      • 76 14 Dow Jones Newswires [KUALA LUMPUR] Toll road operator Prqsek Lebuhraya Utara Selatan is planning to list on the Kuala Lompor Stock Exchange main board an July 11. an industry source said yesterday. PLUS, controlled by government-owned United Engineers, is planning to ofltarB9omillion new shares,
        Dow Jones Newswires  -  76 words
      • 51 14 Bloomberg [KUALA LUMPUR] Malayan Banking had its ratings raised by one notch to 888 by Standard Poor's on the lender's improved financial profile since the 1997 Aaian financial crisis. Iterating is Standard ft Poor's second lowest investment grade. Maybank had previously been rated 888-.
        Bloomberg  -  51 words
      • 78 14 Dow Jones Newswires [JAKARTA] Hie Inrtonestsn Bank Reetructuring Agency yesterday said bidders for the 61 per cent stakß in Bank Nia«a must submit their final bids by May 27. nun's chairman Sysftuddin Tmenggung said the agency will name the winner in June.
        Dow Jones Newswires  -  78 words
      • 48 14 AFP [BEIJING] China's foreign direct investment hi the first four months of this year roee».l per osntfrom the same period last year to US$l4.l billion, th* tradendnistry said. In the same psriodfe. t rising 5.1 per cent from s year earlier, tteaid.—AFP
        AFP  -  48 words
      • 62 14 Dow Jones Newswires (KUALA LUMPUR] Malaysia's inflation nls was L» per cent in April, maintaining a benign trend in prioe v increases that economists aspect to continue ontil economic growth accelerates. The April inflation rate was within market expectations of below 2 per cent and was lower
        Dow Jones Newswires  -  62 words
    • 535 15 BBTinUIOP OmMDMBBS Political stability prompting higher sales of household goods and cars Bloomberg [JAKARTA] Indonesia's economy picked up in the first quarter as consumers, heartened by waning separatist and ethnic violence, spent more on household goods and cars. Gross domestic product expanded 2.5
      Bloomberg  -  535 words
    • 233 15 TAIPEI AP AN earthquake shook northern Taiwan yesterday, causing office buildings to sway and frightened children to run out of their schools in the capital. Scattered minor damage was reported, but no one was seriously injured. The 6.2-magnitude quake's epicentre was nine km off the
      AP  -  233 words
    • 455 15  -  No ceiling on commercial banks' rate spreads From, Harish Mehta in Bangkok THAILAND'S Parliament has scrapped plans to impose a ceiling on the interest income of commercial banks, after the financial community rose up against the setting of interest rates by
      455 words
    • ASIA Notes
      • 74 15 Reuters [BANGKOK] National carrier Thai Airways International pic yesterday reported a six-fold increase in second quarter net profits, sharply higher than market expectations, amid lower foel prices and increased demand. Thai Air made a net profit of 472 billion baht (*****.6 million) for the quarter
        Reuters  -  74 words
      • 54 15 Reuters [SHANGHAI] United World Chinese Commercial Bank yesterday became the second Taiwan bank to open an office in China, hoping to chase the billions that Taiwan business has invested on the mainland. The bank said chief executive Gregory Wang opened a representative office in Shanghai's
        Reuters  -  54 words
      • 102 15 Reuters [JAKARTA] Indonesia may delay the sale of a 30 per cent stake in the country's largest bank Bank Mandiri, previously scheduled for no later than end June, for several weeks, a government source said on Tuesday. The government was already running behind on
        Reuters  -  102 words
      • 85 15 Dow Jones Newswires [NEW DELHI] India's Central Bureau of Investigation has arrested Ketan Sheth, the owner of Gilt Edge Securities, in connection with an alleged government securities scam, reports the Hindu Business The newspaper quoted sources as saying that Sheth surrendered on Tuesday to
        Dow Jones Newswires  -  85 words
      • 56 15 Xinhua (HONG KONG] Advertising vending in Hong Kong reached USl936million in the first quarter of this year, surging 8 per cent over the yearago period, according to a newly-released study conducted by Neilsen Media Research. The surge was mainly faeUed by focal property
        Xinhua  -  56 words
      • 95 15 Dow Jones Newswires [SHANGHAI] Armed with abundant kfie money and a dearth of investment options, China's financial taeiiiutions are eoqpctsd to mob the maiden 90-year government bond offering dated ft* later this month, bond traders and investment managers said yesterday. Coupon rate expectations range from 3J2
        Dow Jones Newswires  -  95 words
    • 314 15 Cheaper car bus rebeand beost sales Bloomberg [BANGKOK] Thailand's new vehicle sales rose 31 per cent in April as cheaper car loans and an economic rebound encouraged spending on new cars and pickup trucks. Sales of new cars and trucks rose to 32,971
      Bloomberg; AFP FILE PHOTO  -  314 words
    • 259 15 HONGKONG Reuters CONGLOMERATE Swire Pacific's property unit said yesterday that brisk flat sales in recent months could point the way to firmer prices in Hong Kong Kong's residential sector. "The improved volumes in sales over the last few months are the first step to
      Reuters  -  259 words
    • 259 16 BEIJING Bloomberg CHINA'S factory production grew at its fastest pace in a year on rising exports and government spending on roads and other public works projects. Production in April rose 12.1 per cent from a year earlier to 256.9 billion yuan (Sss6
      Bloomberg  -  259 words
    • 486 16 HONGKONG taarksMlfw investor complaints over transactions by some companies THE head of Hong Kong's securities watchdog has warned that investors should not expect regulators to intervene in a company's commercial decisions, following a series of complaints from investors about transactions by some
      486 words
    • 208 16 BEIJING Mat wwttagcwaittM taK pruiMtfataibtfMMri AFP CHINA mid 10 Bouth«ast Asian conn tries have agreed to coactai* an ootUns accord on the establishment of a huge free trade zone by the and of this year. Trade officials from the
      AFP  -  208 words
    • 200 16 COLOMBO Xinhua SRI Lanka is to set up five economic zones in the north and east of the country to revitalise the economy devastated by the long ethnic war between government forces and separatist Tamil rebels, the official Daily News said on Tuesday. Labour
      Xinhua  -  200 words
    • 224 16 SHANGHAI Firms pushed t§ lift shares in HK, Chinese bonnes Reuters CHINA plans to encourage domestic companies to list shares in hard currencies in Hong Kong won the domestic Shanghai and Shenzhen stock exchanges, state media said yesterday. The policy-making State Development and
      Reuters  -  224 words
    • 49 16 [BEIJING] China had 161.5 million mobile phone subscriber sat the end March, an increase of 11.5 per cent over the previous quarter. The extra 16.7 million users meant 12.4 cent qf the population in China—already the world's largest mobile market—is now signed up/bra mobile phone service. AFP
      AFP  -  49 words
  • Page 14 Advertisements
    • 929 14 UFS UNITED FIBER SYSTEM LIMITED (formerly known as Poh Lian Holdings Limited) Notice of Annual General Meeting Notice is hereby given that the Annual General Meeting of United Fiber System Limited (the "Company") will be held at 103 Defu Lane 10, Poh Lian Building 1, Singapore *****3 on Friday, 31
      929 words

  • Page 15 Advertisements
    • 253 15 Intentia is a world-leading provider of collaboration and integrated eO, business solutions within the enterprise software space. Intentia offers I r I T fmk I T J one-stop shopping for all collaboration needs. We develop, implement, I I I I i I %Jk and maintain our solutions to produce the
      253 words

  • Article, Illustration
    756 16 Transaction date: May 15 t ''■'*< L, '2- 1 W1HM fm Wm m piifc Hm M MB a* H tm Hmt m SU* .fj 9m H? UM MM 2******506 0499 1953 2473 LI94 32J07 ***** 09M 5400 0479 I04M 23 403 0J77 0344 2? S.J 1 22 If? "5
    756 words
  • Page 16 Advertisements
    • 110 16 !w CHIN^AXI F AN INVESTOR'S GUIDE I r 13 June 2002, Thursday 9.00 am 4.30pm, Hotel Inter-Continental Singapore I Featuring Tax Professionals From China! IPI How to take advantage of Free Trade Zones and Export Prioing Zones I How to manage tansferpridng in China I Howrto strategiotfy avoid being taxed
      110 words

  • 1454 17 flmunrifTuiug MvJi I—m— ISSlacMb/m Qw MM Orm *55 im um (t—w) Mrwt £02 ***** J* 02 gfjp **02 ***** *»02 ***** KS3(UScMtiAa) VoiMM OpH JM 02 4U0 MOO 6100 67.00 67.75 M0 305 *■102 67-50 67.00 67J5 600 3125 S*02 67JO 67JO 67.75 600 3125 TH2O(UScMtiA0 Hkmt On i*
    1,454 words
  • WORLD news
    • 474 17  -  Gains doe to cost-catting, boost from weaker yen Fromi Anthony Rowley m Tokyo A FURTHER batch of strong financial results from Japanese motor vehicle makers yesterday revealed the dramatic improvement that cost-cutting has achieved for their bottom line, as well as the significant boost
      AFP  -  474 words
    • 365 17 TURIN Bloomberg INVESTORS who could never afford to drive a Ferrari now can at least own a piece of the company. Fiat SpA plans to sell shares in Ferrari SpA, the maker of high-performance sports cars, in an initial public offering to reduce
      Bloomberg; AP  -  365 words
    • 238 17 TOKYO Unit will start ops on May 22, to target institution*! investors Reuters US insurance giant American International Group Inc (AIG) said yesterday it plans to enter the securities business in Japan, after a string of foreign brokerages have scaled back operations. AIG,
      Reuters  -  238 words
    • 470 18 LATEST US INDICATORS It's the largest monthly increase in the headline CPI since May 2001 AFP, Reuters, Bloomberg [WASHINGTON] US consumer prices rose 0.5 per cent in April, making the rise over the past 12 months 1.6 per cent, the
      AFP,; Reuters,; Bloomberg; AP  -  470 words
    • 398 18  -  UK-based businessmen faked documents to secure bank loans From Neil Behrman in London A US$6OO million metals fraud involving companies in the United States and London also had an Asian connection, including Singapore, in which some of the trades were apparently legitimate. US prosecutors
      398 words
    • 446 18 LONDON Top banks allegedly tried to restrict competition: report Reuters, Bloomberg THE US Justice Department is investigating top foreign exchange trading banks and online trading platforms they back for alleged efforts to restrict competition, the Wall Street Journal Europe said yesterday. Citing letters sent
      Reuters,; Bloomberg  -  446 words
    • WORLD Watch
      • 113 18 Reuters [LONDON] Cable Wireless feced up to the reality of reduced valuations in talecoms yesterday by writiiK down £4 billion (Sslo billion) In assets and goodwffl/ while annual earnings were cut in halt as expected. It said it would cut capital expenditure in the
        Reuters  -  113 words
      • 75 18 Bloomberg [WELLINGTON] New Zealand's central bank raiaed interest rates for the third time in two months to counter riaing prices, and said more increases are on the way. Reserve Bank afNew Zealand acting governor Rod Carr increased the official caah rale a quarter percentage
        Bloomberg  -  75 words
      • 57 18 Bloomberg [ZURICH] Credit Suisse Group's Ql profit 74 pa-oent after it wrote down the value of stock holdings at its insurance unit and lost money in investment banking. Net income Ml to aetmiQion Swiss francs (***** million), from 1.4S billion francs, in the year-earlier
        Bloomberg  -  57 words
    • 352 19 WASHINGTON Financial burden and paper work will discourage firms from offering such schemes, they say Reuters A PLAN to tax stock options and employee stock purchase plans drew protests from high-tech and business groups, who said it would discourage companies from granting
      Reuters  -  352 words
    • 697 19 NEW YORK Reuters, Bloomberg WILL the real corporate earnings measure please stand up? The debate over which profit figure gives a true picture of a company's performance is revving up and the influential ratings agency Standard Poor's Tuesday jumped into the fray.
      Reuters,; Bloomberg  -  697 words
    • 139 19 DALLAS Bloomberg TEXAS Instruments Inc, the largest maker of microprocessor chips in mobUe phones, said it win meet previously announced estimates for second-quarter profit and sales. The company will earn 5 US cents a share on sales of about US$2 biUion as makers of computers,
      Bloomberg  -  139 words
    • 45 19 [SEOUL] A Korean child monk and an American girlfrom Jesus Christ Church in Seoul playing at the Jogye Temple on Tuesday. The friendly soccer match was held to promote the World Cup finals starting on May 31. AFP
      AFP  -  45 words
    • 489 20 SAN FRANCISCO Comments indicate Fed willing to tolerate small amount of inflation Reuters A SECOND senior Federal Reserve official indicated on Tuesday that the central bank might be prepared to tolerate a small amount of inflation rather than risk the alternative of declining prices,
      Reuters  -  489 words
    • 242 20 WASHINGTON A related unit did work for an audit client of KPMG Bloomberg KPMG LLP violated securities rules requiring it to be independent of companies it audits in a case involving Porta Systems Corp, a US appeals court ruled on Tuesday. In a 2-1
      Bloomberg  -  242 words
    • 56 20 [SAN FRANCISCO! Scott George (left) standing by his 1950 Cadillac on Monday before the start of the California Mille. Modelled qfler the Italian Mille Miglia, which originally ran from 1928 through 1957, the California Mille is a four-day 1,000-mile tour through northern California. The Cadillac finished 10th
      AP  -  56 words
    • 214 20 WASHINGTON Reuters THE US Securities and Exchange Commission on Tuesday proposed rules requiring mutual fund advertisements to provide more current performance figures and a toll-free telephone number to call for the most recent performance. Current rules require mutual funds to show returns through the
      Reuters  -  214 words

  • Page 18 Advertisements
    • 252 18 (without COE insurance) p, I F Car specifications vary for different countries and details m j the picture featured here may differ from actual model you win prizes in our also receive a exclusive Big T-shirt, value-packed coupon t^ n^' ze W*^fc 3rd Prize 4th Prize M sth Prize jSfe
      252 words

  • Page 19 Advertisements
    • 187 19 Jm&atfttl am When software lets you quickly capitalize on new customer opportunities, that's business with .NET. Talking about what customers want is one thing. Discovering exactly what they want and deriving revenue from those wants, of course, is the real goal. .NET connected software from Microsoft connects you with all
      187 words

  • 4221 20 Transaction date: May 15 for more, go to wwwjo&iaorienmaTketsjDom HONGKONG HyanDtv US aw 1935 mterchina Mldgs 124 inch 0 —> W1l»*otAli» 208 -0.03 2708 IS am 2144 .0.04 unch ***** Jiangsu Express H 2.15 -003 4380 Ananda On 0 09 undi *****0 Jiangsu Nandasoft Co M J0.T7 0
    4,221 words
  • Page 20 Miscellaneous
    • 283 20 dihknlC CROSSWORD ACROSS b«»ne widely known 1 Onecmefe^isboartng 5 Regain health but take out fi 2 extra insurance? (7) 6 A firm s/ste* beat the problem 7 Church aiAhority in the forem ILu. front at one hundred (7) teJShttSf 8 Soldiers stand over the 11 AfleshJ-teavedpiantproduc- and keep under cor,
      283 words

  • Page 21 Advertisements
    • 1267 21 Oversea-Chinese Banking Corporation Limited and Subsidiaries (Incorporated in Singapore) f th inco Statements for the financial year ended 31 December 2001 Croup Bank 00, *000 2001 2000 Group *522 £222 Vooo $000 *000 JOOI JOOO Shareholders' Equity <000 S'ooo S'ooo $'000 Shara Capital Interest income U fl 2.000.000 2.000.000 Less
      1,267 words

  • Page 22 Advertisements
    • 2395 22 Oversea-Chinese Banking Corporation Limited and Subsidiaries Notes to the Financial Statements for the financial year ended .31 December 2001 aooo wo, k ,000 $000 S'ooo $'000 t'ooo These notes form an integral part of and should be read in conjunction with the accompanying financial statements Analysed by major sources: 1
      2,395 words

  • Page 23 Advertisements
    • 1473 23 Oversea-Chinese Banking Corporation Limited and Subsidiaries CURRENT TAX AND DEHSREDMX *001 aooo i».i Cimnl tax Profit attributable to stockholders of the Bank ($'ooo) 7*5,022 *****4 Group Weighted average number of ordinary shares in Issue ("ooo) aooi woo I For basic earnings per share >000 000 $'000 S'ooo Adjustment for assumed
      1,473 words

  • Page 24 Advertisements
    • 1361 24 Oversea-Chinese Banking Corporation Limited and Subsidiaries zrz Analysed by currency SPECIFIC PROVISION FOB LOAM LOSSES AND INTEREST-IN-SUSPENSE Croup Bank Movements in specific provision for loan losses and interest-m-suspense during the year are as follows ao l J* 00 *001 2000 2001 <000 >000 S'ooo $'000 TTIiT u^lo^ r edo ar
      1,361 words

  • Page 25 Advertisements
    • 1480 25 Oversea-Chinese Banking Corporation Limited and Subsidiaries j Other government Dealing Investment Associated ojv— *"$25 ""fSZ ""VllZ Stlbil<^ rie4 >"* Total c£-*w to* c rn» I ——mm ssc gjjL. January 525 =5 Foreign currency 3 *°*5® 44,652 957 J.n6 IJI7 *>3.793 44 Finance company Singapore ,00 translation adjustments 10 4S Keppel
      1,480 words

  • Page 26 Advertisements
    • 1216 26 Oversea-Chinese Banking Corporation Limited and Subsidiaries 3* ftaranV, PUNT ANO EQUIPMENT 2001 loao Malaysia Operation Property other total Property Other Total tßMertn °CBCs operations in Malaysia, a key market for the Croup $000 S'ooo $'000 000 $'000 $'000 International Banking Cost'or valuation cove rin B OCBCs operations outskle Singapore and
      1,216 words

  • Page 27 Advertisements
    • 1674 27 Oversea-Chinese Banking Corporation limited and Subsidiaries rPymtmKXK, Uwthan """to ito) jtou itoj Over Intact of financial assets and llaWlltJes 7«ays i month months months years 3 years sensitive Total financial instruments comprise financial assets, financial liabilities and also off-balance instrument isthe amount at which the instrument could be exchanged or
      1,674 words

  • 2054 28 Transaction date: May 15 H KUALA LUMPUR FraMrBNeaw MO 006 55 55?*i ti ■I fBBBI 0J3 inch 17 Gadang 140 n 02 16 AlMtaaMy 1.25 -0.02 38 330 inch 986 AWc_ 1JB -001 104 GwwdCop 1.00 -0-01 10 jjg -O06 SB <«Wi 130 inch 0 AttonceSvnenjy 037 unch 139
    2,054 words
  • 605 28 C Transaction date: May 15 s*- »iir»iiHPc 02* i mo «ooco Si**?*. '2 1O0S 11.400 «uoo awrtiwKoBd Jfc 1M UOO OUE 0-52 7 JSC 4*0 O2LS2THc flS 5o*?Sn m> SJT» M& 032 M» «0D1S owwTBt a.7* nw SGX u ojo ija AM 255L..-.-, ii? 44,08 BAXk «.n ***** «uab
    605 words
  • 547 28 BONDS WARRANTS U* Write* te HE c 3& c —fT Mi rwi* Mb u> «n*»«W' V 05 1 1 M 4 152 25 Acma Ltd 1MM111t 1 1 w JJO "*+*****10 Jtu 25 3SS 1 33 2 7x> 37 1 M 17 300 24 *«toodrvW***** AS 1 MS MB ISM
    547 words
  • Page 28 Advertisements
    • 735 28 i ne business Times. Thursday, May 16, 2 Oversea-Chinese Banking Corporation Limited and Subsidiaries tntoMm CASH AND CASH EQUIVALENTS principal Wf values the u, V cy s he COm< dated sh statement, cash equivalents are liquid assets which are readily convertible into cash Grouo amount Assets liabilities S 000 J'ooo
      735 words

  • Page 29 Advertisements
    • 1978 29 OCBC FINANCE LIMITED (Incorporated in Singapore) A Member of OCBC Croup BALANCE SHEET AS AT 31 DECEMBER 2001 I implo** lemt entitlement imauamiHvemfm n. UNQUOTED INVESTMENT* M SUBSIDIARIES Note 2001 2000 Employee entitlements to annual leave and long service tmut are «caH»d $'000 000 A made <br the estimated liability
      1,978 words

  • Page 30 Advertisements
    • 2051 30 I OCBC FINANCE LIMITED (Incorporated in Singapore) A Member of OCBC Croup ■J **artwt rtik nmnpimnt j *3 Fair values of RwdW assets and KaMMties In the course c# its financing activities, the Company is involved in transactions that generate market risks These are risks arising from the changes in
      2,051 words
  • BIZIT
    • 347 30 China plant to drop partnership with Flextronics Reuters [SEATTLE] Microsoft Corp, looking to cut costs on its Xbox video game console, said it will shift output from Hungary to China and find a second plant in Asia, but not with its current manufacturing
      Reuters  -  347 words
    • 403 30 But company says e-mail in question jnst one exec's "random thoughts' Reuters [WASHINGTON! A Microsoft executive urged the company to quietly retaliate against supporters of the rival Linux OS (operating system) "in an August 2000 memo that nine states still suing the
      Reuters  -  403 words
    • 140 30 Reuters [SAN FRANCISCO] Apple Computer Inc introduced on Tuesday a new server that stacks up in racks that can be plugged into sophisticated, corporate data centres. Apple alms to sell the machines—called Xserve—to media clients for uses like video streaming as well as more traditional
      Reuters; AP  -  140 words
    • 332 33  -  By Leo Kee Chye THE Infocomm Development Authority of Singapore (IDA) has increased the budget for its Path (Pilot And Trial Hotspots) scheme to $78 million over the next two years. The earlier budget of $48 million was announced last November. Path funds
      332 words
    • 577 34 Resignations follow collapse of talks with Bertelsmann NYT [SAN FRANCISCO] The CEO of Napster, its founder and several of its top executives resigned on Tuesday, a move that may foreshadow the imminent bankruptcy of a service that became synonymous with the free
      NYT; AP  -  577 words
    • 242 34 Bloomberg (PALO ALTO, California] Hewlett-Packard Company said earnings for its fiscal 02 ended April 30 roee fivefold as sales slipped. HP said it doesn't see a "meaningful" improvement in until next year. Net income surged to USS2S2 million, or 13 US cents a
      Bloomberg  -  242 words
    • 383 34 But investors doubt revamped version of Star Office will ha ve much impact Bloomberg [SANTA CLARA, California] Sun Microsystems Inc, struggling to recover from its worst sales slump, is unveiling a revamped version of a program for writing documents and doing other
      Bloomberg  -  383 words
    • 146 34 Bloomberg [AUSTIN, Texas] Dell Computer Corp introduced a portable movie projector and an improved line of network servers to combat falling PC sales. Dell CEO Michael Dell told analysts in April that the projector market may be valued at US$6 billion a year. Dell
      Bloomberg  -  146 words
    • 729 35  -  liicomment INFOTECH Sometimes the smartest move Is to wait and see. But when do yon stop waiting? kenneth james The writer is BT's Technology Editor SMART cards, whose embedded computer chips make possible a host of useful functions, are making major inroads into
      729 words
    • 560 35  -  ■^T^xclusivel China, India seen is big magnets for investments; S'pore in good position to benefit from this By\ Paul Chan THE tech bubble has burst, but not quite for Asia. On the contrary, tech-savvy Asian countries are wellplaced in a
      CHRIS LOH  -  560 words
    • 759 35  -  Lesson for investors; tech leadership changes from generation to generation By l Marc Robins IN the *****, the heyday of the mainframe computer, there was IBM. and then there was everyone else, called the Bunch: Burroughs. (Sperry) Univac (now combined with Burroughs to form
      759 words
    • 519 36  -  Singapore can expect to cross that revenue figure by next year, says a US-based research house. T Bn zee chye has the details LEO KEE CHYE SINGAPORE will see the market for digital projectors cross US$lOO million in revenue next year, up 30 per
      519 words
    • 407 36  -  It will also spend $5m to consolidate itsAsia-Pac data centre operations here By i Chua Hui Min UK-BASED logistics firm Exel Pic will invest about $10 million in Singapore this year to set up a unit offering planning and consulting services. It
      Source: Pacific Media Associates  -  407 words

  • Page 31 Advertisements
    • 1400 31 BANK OF SINGAPORE LIMITED (Incorporated in Singapore) BALANCE SHEET INCOME STATEMENT as at 31 December jooi For the financial year ended 31 December 2001 *001 aooo Mote MOT iffffQ 5_ <w»»£r """-"r" 5 SSS, .oo,ooo*>ooort»»>stooofSi.»a. wnoow, «K,oocu>oo Fees and commissions 4fi.965.617 Issued and fully paid: Dividends V®»M*o 1.799.768 joooooooo ordinary
      1,400 words

  • Page 32 Advertisements
    • 1453 32 BANKOFSINGAPORE www bankotsmgapore com 4. muni iHfOMi Interest income comprises interest arising from various types of lending activities HOUMWC COMPANY AMP ULTIMATEHOUXIC COMPANY i The Bank's holding company and ultimate holding company is (Versea-Chinese Banking Corporation Limited, incorporated in Singapore Interest income received/receivable from 19 OTHER LIABILITIES Holding company aooi
      1,453 words

  • Page 33 Advertisements
  • 3905 33 Transaction date: May 15 for live prices, log on to vvwwjasiaonemarketsjx. ■J".-"* J 4 IHM» «M» n> 6VW MM Ka Ml Mi P8B8> M* U» —m M» Cur HI m5 9 C A8NAn*oNLGS6c 9 12 14 iv SI .SSiSE^—& wkii an at a 2 S 5 s S
    3,905 words
  • 46 33 r a «s, a™ "*i 401 Oanonk VSSMOcd wo ni5DiusT«ti iriwiniii S* 440 1B MSG Spore USBS 4700 IMO WD i SIMM USW4M ma no i voib us mooo IIB1W c ST1ETT100 174S *10 J? 1749 1742 1740 1750 I I I I I
    46 words
  • 799 33 Cammam iS j. J2L _J* Mhr Oh> CrTM mm «r» mumm -wr M» cVr 75 »3 pS fi I "3 a 2 2 u s 3 J J S S S S S S 5 '15 15 c *—WW>LSC 9l5 03 20 45 «I 41 23 45 c
    799 words
  • 135 33 g*- t a .sra. ar -a s s jsssse=sb .i^sjsassjjsass I I2L 265 2.1 74 6 M3SU a J™ v J 4 5 &2L,1S£?E 54 2 7 545 n#J US 7SS *111 *91 ah m« il i» 2ii as ju ji .as mi I ***** ,1 7 65
    135 words

  • Page 34 Advertisements
    • 297 34 All over ttie world, PC users know the name. They also know the number. Microsoft customers can easily dial direct at any time of the day to enjoy immediate customer support. But making customer support instantly accessible to scores of users around the world isn't easy business to begin with.
      297 words
    • 72 34 Learn How to Boost Your Website Returns Cut Development Costs With Usability ■MHMGuI Amir Khan, Date: 23rd of May, 9:30 to 3pm among Asia's Usability Singapore Polytechnic Experts, will Q show y™ Wlth Technical Mgn live examples, how to immediately apply proven For more information: usability techniques Call Eric at
      72 words

  • Page 35 Advertisements
    • 374 35 Forbes Where to wine, dine and entertain... by: Mj| A World of Exclusive Privileges Treats jflp? T» '-J? *vfl^HHh|^9H^4 .w cufj^c' y-S* May2oo2 Get a chance to win airline tickets to Ua|knri when you dine on Peranakan caiaiae at Cafe Vic. Buffet Lunch (Mon Fri) Buffer Dinner (Moo Sun) 12.00pm
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    • 93 35 lb' f Hl] P> 119^4 i*l"I I I <■ %J ranq mahal Buffet Lunch, Noon to 2.30pm Dinner 6.30pm to K).3opm (Closed for lunch on Saturdays) For marvattana, uM as at (65) 6333 T7M V tai (65) *****660 mmmmm, Lw< nw* n» Ndfc arwew 7Wb Beiimrd MrVii Sww SmppOFt 03i»5
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  • Page 36 Advertisements
    • 402 36 iiSlsgi -y/t 4 WIRELESS MOBILITY SHOWCASE here, noui. and happening. I§4|| Come experience a whole new world of wireless possibilities at the Wireless Mobility Showcase! Preview the latest wireless innovations and surf for free 4• at our Moßistro Cafe! Discover how your business can be more competitive with the latest
      402 words

  • SHIPPING TIMES
    • 261 37 Reuters THE Baltic Dry Index (BDI) rose one point to 1,041, the Baltic Panamax Index (BPI) gained three points to 1,088, the Baltic Handymax Index (BHI) shed one point to 7,770 and the Baltic Capesize Index (BCI) was unchanged at 1,169. Nord-Kraft (built 2000) 171,199 dwt delivery Dunkirk
      Reuters  -  261 words
    • 247 37 Source: BRIDGE MX m ■a® a w CWT Distribution 0.81 0.01 29 ChuanHup 0.43 0.01 862 Coaco Investment—0.24 -0.01 319 Fretaht Links 0.06 unch 30 SB HoMngs OjJI 0."01 70 IMC HeWktge-HK —5.60 unch 0 JeyaHofcHnqs 0.24 unci! 562 KeppeiCorp 4.38 -0.02 842 Keppai Marine 0.19 -0.01 6938
      Source: BRIDGE  -  247 words
    • 465 37  -  While fewer vessels called in first quarter, tonnage wasnps% By Beth Jinks [SINGAPORE] Singapore's port has enjoyed good first quarter growth in bulk cargoes, bunkering and its ship registry, in addition to an impressive 9.1 per cent overall jump in its mainstay
      FILE PHOTO  -  465 words
    • 458 37  -  By Donald Urquhart [SINGAPORE] Rate restorations and bunker surcharges are being pursued by various container shipping conferences and stabilisation agreements on several trades as shipowners struggle to perk up depressed freight rates and cope with volatile bunker prices. Shipping lines carrying refrigerated
      FILE PHOTO  -  458 words
    • 480 37 Tourism, fisheries, local authorities in 10 prefectures, affected by spill Dow Jones [NEW YORK] An international maritime fund will pay 26.1 billion yen (Ss36B million) in damages to victims of a 1997 oil spill on the Sea of
      Dow Jones  -  480 words
    • 179 37 Vessel anchored in Gulf of Thailand; cargo, crew missing Dow Jones Newswires [BANGKOK] A Hondurasregistered oil tanker that went missing while sailing from Singapore to Myarvmar has been found anchored in the Gulf of Thailand with its cargo and crew missing, officials said yesterday. Thai navy
      Dow Jones Newswires  -  179 words
    • 891 38  -  MEWBUILDS By David Hughes Tl HE reader may be forgiven, having read the headline and noted the very small new contracts list this week, for thinking this column is about the dire future facing shipyard workers. The outlook for the employees of some shipyards, notably
      FILE PHOTO  -  891 words
    • 124 38 PACE FoongSun 5 BSA Furtranj 6 0'tangMas 6 <*«artrans 4 CMACGM 3 Hangh 4 COSCO 3 Hyundai 4 Columbus S Heung-A 3 Central El 4 IRtSl 5 China SImm) S Kim Hung 5 Cougar 5 Kyowa 6 t CVTGioteM 6 KMTC 3 Detmas 4 Liner 4 Dongnama
      124 words
    • 12209 42 THEBUSINESSTIMES EXPORT ETA ETA AAartlsar VmhI Voyao* TaMphon. ETA ETA AMrtter Vnrt Voya* TM(hon, Sgi *?*>«* Mumtoar «N Dwfn Not* mm NuwSar Hmt+mr lb APIA (APW) 2022 Samoa T» ABIDJAN (ABJ) 2003 C«te DMvoiro 23/05 25/06 Cotumtxa PROVIDER »9S ********** 23/05 22/06 Datmas HYUNDAI DISCOVERY JMW 65-*****344 30/05
      12,209 words
    • SHIPS IN PORT
      • 593 45 »oy Wo Berth Arrive Departure «nU2.1t".. ***** 8/05/1:40 8/05/1300 IT RANMAT1 ***** JO) 8/05/8:45 8/05/16.00 MRTAR JATA3 8J3205 XM 15/05/10:45 15/05/2240 MTAM MRU J***** JK) 15/05/1055 15/05/23:59 5 J***** J05 6/05/10:25 15/05/23 59 H WTA J01 S/05/WJ0 16/05/300 •IMEKAR ***** J01 8/05/16J0 8/05/23:59 MTSVATER22I £2119 J02 8/Oyi700 15/05/23
        593 words
      • 1755 45 RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO 0 Boo*inc/B*Unc» B«tl« 0 I Ship Voy No Etb/Btr Period Fro* To Froa 10 I K1UUC om a/840 M 8/800 (VMM 8/1*00 £52 BrtaS* B/noc a o/iroo 16,065s c-»oc I M B/1700 M459 KwOW it J WW a/m *>.".*>" ft
        1,755 words
      • 170 45 May 17 Norway: Constitution Day Maylft Norway: Whit Sunday South Korea: Buddha's Birthday Sweden: Whit Sunday Canada: Victoria Day Germany: Whit Monday Norway: Whit Sunday Sweden: Whit Monday Switzerland: Whit Monday Mayas Brunei: Prop Muhammad's Birth day Indonesia: Prop Muhammad': Birthday Malaysia: Prop Muhammad's Birthday May 20 Indonesia:
        170 words
      • 799 45 THIS report compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market Prices shown are based on averagesized stem Market movements are indicated. The Cockett Bunker Price Index change and the
        799 words
      • 427 45 •>W09 0.4 17.5 0.06 52 0.04 522 PumtT Wfr hsMw li»w*i SlMaiM No Mbort E25 0 0 4 0 0 0 HIM 380 Ave 987.4 02 14.8 0.05 26 0.02 Uflri kaM J— «>"" "L3 0.6 19.0 0.09 53 0.04 Wlrl %T/ %>>/M W Wo*ow635 2
        427 words
    • AIR & LAND transport
      • 416 46 But jet sales lag as airlines have to be profitable before they boy aircraft AP [SEATTLE] Airline passenger traffic is expected to be back to normal levels by August, but airplane sales won't fully recover from the aftermath of the
        AP  -  416 words
      • 223 46 AP [BRUSSELS, Belgium] The drop in air travel since Sept 11 has been hard on European airlines but at least it has been good for punctuality. The number of flight delays has dropped significantly since those terrorist attacks, the Association of European Airlines
        AP  -  223 words
      • 224 46 OS LABOUR OMBEST Bloomberg [ARLINGTON, Virginia] US Airways Group Inc plans to unveil a reorganisation plan to union leaders today as the carrier seeks to reduce costs, win a federal loan guarantee and avoid filing for Chapter 11 bankruptcy protection. The top council
        Bloomberg  -  224 words
      • 419 46 Teamsters, UPS negotiating new labour contract Bloomberg [ATLANTA] United Parcel Service (UPS) workers represented by the Teamsters will vote this weekend on giving their leaders authority to call a strike if necessary, as the union tries to speed up contract
        Bloomberg  -  419 words
      • 401 46 Result surprises as 158 m euro loss had been expected Bloomberg [FRANKFURT] Deutsche Lufthansa AG, Europe's sec-ond-biggest airline, said its profit before interest and tax more than doubled in the first quarter as it cut costs following the Sept 11 hijackings in the
        Bloomberg; AFP  -  401 words
      • 260 46 Reuters [HONG KONG] Hong Kong Air Cargo Terminals Ltd (HACTL), which handles most cargo at the territory's main airport, said it handled 20 per cent more tonnage in April, compared with the same month last year, as exports to the United
        Reuters  -  260 words
      • 202 46 AFP [FRANKFURT] Star Alliance, the worldwide network of allied airlines centred around Lufthansa and United Airlines, is set to be joined soon by Polish carrier LOT and is examining the possible membership of Air China and Asiana Airlines in the medium term, it said.
        AFP  -  202 words
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  • Page 37 Advertisements
    • 7 37 Boeing exec profit soars I ■iwfcfHi I
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      256 words

  • Page 38 Advertisements
    • 408 38 I NORTH AMERICA QULF/INDIA SUB-CONTINENT [SUPER SWTTLE EXPRESS (SSX) jOULF KARACHI EXPRESS (QKX) VBSB *0T la I—SB—l MB "vbE VDT I M Mfl MB faF" SSST" 22 ~JES E ss-ps H7S—-S7S— OOaUOKA MWit 15/05 01/04 04/04 HOMAOMW U/M OCT 10/05 H/45 1 f PCOMUOTPKOU >|| n/05 14/05 M/ 05 01/04
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      47 words
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    • 7 38 i Members of the Singapore Logistics Association
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  • Page 39 Advertisements
    • 864 39 TO USA (SAX SERVICE) ros* l VOT SMETA IAX OAK DAI HOU CHI CM MIM «l MTC AfIHOUAMP »Oil 21/05 o*/0* 10/04 10/0* 10/04 l»/t» H/04 10/ M 12/0* 17/0* AKHIGUMD 29/05 13/06 17/00 17/0* 17/0* 17/0* 11/0* 17/0* 19/0* 19/0* Afl CAMADA 1051 05/0* 20/0* 24/0* 24/0* 24/0* 24/0*
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    • 496 39 rasa wt__sl_p«! afjnf jwc_ jesa vor sw ore honghowc mt 11/5 11/5 n/s ?s/5 27/5 31/5 kmtcpusam rots iyos ?vt>s iTt/oslovoil arc raws a>7w a/s 23/05 ?i/s w/s 3»/s </t HYmmusntmia 07ts 17/05 74/05 a/os w/05 loi/a* 1 WCUUM ***** |w/s| 30/5 VI 5/4 7/4 11/4 |l AQUIAC 18/P5 1
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    • 560 40 DSN Ml LINES INTRODUCING: NEW WEEKLY EXPRESS SERVICE (yHa > AQABA to, mMIH Weekly Express Monday sailing For more details, call HOTLINE: 1800-*****00/*****88. wt 91 m an ioi u—r mt ASUIXPtISS IMA IN KMT SOD 17/15 H/M I Z I*l* n/ts 27/ M 21/05 142 A 02/04 01/04 M/M 07/04
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    • 129 42 L„^ KY -?y A L 1N E SE3L Pacific Senator 949E 15/05 |2/06 22/06 U/06 ***** P«ftS«nq»y ~?4g135M*****6 *****~*****~ ***** "***** 951E" 27/05 12/06 22/06 24/06 26/06 tondonSwctar ***** 1W1775T 7375g~ toffltepsmf 151!!***** ***** "***** Grand Virion 003E M/ 06 12/06 17/06 18/06 /vv wr -icanwua MSO MCTOB Kl/lfl ID
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    • 181 42 CWT GLOBELINK PTE LTD W own Off lets IN: TEL:*****833 (36 LIMES) FAX:*****742 SYDNIY-MfLBOUHNf-ffNANG-fOHT KCLANG-FAStK GUOANG KUCHING BANGKOK* AHACHI BOMBAY NSW DfLHI-COL OUBO-HO CHI NHNH CirYHAIfHONGHANOI-B*lUfN-HAMBU*GriANJIHQINGDAO SHANGHAI XIANIIN FUZHOUDALIAN XIANBEIJING SHI JIA ZHUANG DIRECT SAILING TO: Indian suß-comrnmnr MUMBAI (BOMBAY) •kOTEW delhi KOLCATTA (CALCUTTA) karJCSIV CHITTAGONG T^rn^r/ COLOMBO V 7
      181 words
    • 16 42 KSEP UP TO DATE CSN tRENDS WITH S THE LINER SCENE FORTNIGHTLY ON MONDAYS SHIPPING TIMES
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    • 209 42 tegfe MYANMA \BBL FIVE STAR UNE "cz;!X^ vesa vor so m m m CM SINK MN S4W SU MMM VMM* JU SAUTSUL MIISTIAB SMPTM6 MOKKS ML 01-2U27JW MtL 03-317M101 PSfc 04-2* 124*2 BANK LINE (*»"k»rf AafrtwW.tr "'|j-J \T WOKIWOUNP TO RJKOpT" V coifaMßt. Boao, aui i «*rnjm mja sn ru
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  • Page 45 Miscellaneous
    • 139 45 2L V v*- K 3BfyLQM ViFf J tf R > __^ijß{aJ^K I j/, i, t -A' 12nh Z i LEGEND: Issued by Meteorological Service Singapore K Thunderstorm A Showers X\ Rain Wea^her Ure °0 Wind direction speed in knots Cloudy Day weatner C>o Hazy Wind speed symbols Sea Conditions O
      139 words