The Business Times, 26 May 2003

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Microfilm: NL25028
Total Pages: 26
1 26 The Business Times
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  • Title Section
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    12 1 l«(fS-Q24/03/2003 85* THE BUSINESS TIMES SINGAPORE Internet: http://business-times.asial.com.sg MONDAY, MAY 26, 2003
    12 words
  • Article
    Lock icon Agents can keep replacement policy fees
    884 1  -  ~ii exclusive! Bat insurers say agents will still lose commissions despite MAS stance By Genevieve Cua [SINGAPORE] The Monetary Authority of Singapore has removed another explicit deterrent to the mis-sell-ing of insurance products. Agents or advisers who sell clients new policies within 12 months
    884 words
  • Article
    Lock icon SingPower extends voluntary retirement to subsidiaries
    345 1  -  l-ii exclusive Package offered is np to a month's pay for each year of service, np to 25 years By Tang Weng Fai [SINGAPORE] Amid corporatisation and increased competition, Singapore Power has extended its voluntary retirement scheme to its subsidiaries. The basic package is
    345 words
  • Article
    Lock icon MARKETS
    65 1 Week Change ST1 1318.14 +13.23 KLSECOMP 650.8JS +14.62 NIKKEI 225 8184.76 +67 47 HANG SENG 9:103.73 +210.5-5 SET INDEX 395 52 +12.52 JAKARTA COMP .472.11 +4.17 MANILA COMP .*****4 -12.19 TAIPEI WPI *****2 +65.75 SEOILCOMP 611.51 +0.70 SHENZHEN B .218.48 +195 Al'ST ALLORI) 2967(10 +42.60 DOW JONES 8601.38 -77,59
    65 words
  • Article
    Lock icon FINANCE
    75 1 FOREX RATES us* SS USS JSSperlSS) 1.723 £(l SS/SS per S) 1H3« 2.820 El R(t(l SS/SS/E) .1.171 2.019 YEN 117,1 68.10 RM 3.800 2.205 HKS 7.799 4.526 BAHT 4194 24.34 RI'PIAH 8.280 4.805 RENMINBI 8299 4.816 INDIAN Rl PEE 4891 27 22 PRIME RATES SINGAPORE* 525 KIALA UMPIR 6.40
    75 words
  • Article, Illustration
    Lock icon US market bulls look to business spending upturn
    811 1  -  But some surveys suggest recovery is not in sight From, Andrew Marks in New York MARKET bulls see a silver lining in lean inventories, higher productivity, tax cuts and low interest rates which they believe will kick-start business spending and underpin a
    Source: Bloomberg  -  811 words
  • Article
    Lock icon Broad-based economic stimulus package if needed: DPM Tan
    547 1  -  He favours early action to ward off threat of recession By Denesh Divyanathan {SINGAPORE] The government will act to stimulate the economy with measures that cut across the board rather than focussed on specific sectors hit by Sars if the threat of
    547 words
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  • NEXT page
    • Article, Illustration
      Lock icon Tokyo governor defies Koizumi with controversial bank plan
      640 2  -  Bank to be backed by public funds, countering PM's privatisation call From. Anthony Rowley in Tokyo TOKYO'S controversial governor Shintaro Ishihara has thrown down the gauntlet to Prime Minister Junichiro Koizumi by announcing his intention to form a new bank next year
      AP, REUTERS FILE PHOTOS  -  640 words
    • Article
      Lock icon End in sight for settlement of APP`s huge debt
      584 2  -  exclusive Creditors strike deal on issue of protection if second default occurs By Catherine Ong [SINGAPORE] A final deal for settling a staggering US$l4 billion debt is in sight as creditors of Asia Pulp Paper Co (APP) reached agreement on a
      584 words
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      321 2 A T"fclV /f I Asia Pacific sr" The Professionals in Executive Education W& MBA 4 PhD Business i Singapore 10th Intake Register Now! Top U.K. MBA in General Management B Research in Business Management Singapore 35th Intake Register Now! Preview on 27 May 2003 at 7.00 pjn. 100% conducted by
      321 words
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  • SINGAPORE companies
    • Article
      Lock icon Oei unlikely to be eyeing takeovers: analysts
      397 3  -  He would be np against deep pockets if he moves in on Haw Par, BIL By Denesh Divyanathan OEI Hong Leong may have punters hanging on his every move now that he has raised his stakes in four more listed companies this month,
      397 words
    • Article
      Lock icon Time to take profit from European stocks
      599 3  -  neil behrmann NOW'S the time for Asian investors to be exceedingly wary of European stocks. The general argument among sanguine fund managers is that European stock markets follow Wall Street and will rise if the Dow appreciates. But if that happens, so will
      599 words
    • Article, Illustration
      Lock icon Hongguo to reap $11.7m from IPO
      435 3  -  Shoe maker is first Chinese firm to list on SGZ in IV2 years By: Loh Hui Yin LI Wei and his family spent this year's Chinese New Year holidays in Singapore, but the Chinese entrepreneur was no ordinary tour bist. Mr Li, managing director
      LIANHE ZAOBAO  -  435 words
    • Article
      Lock icon NOL expected to post US$4m Q1 profit
      282 3 Bloomberg NEPTUNE Orient Lines Ltd (NOL), Singapore's largest shipping line, may report a profit of US$4 million in the first quarter, bolstered by gains in its tanker unit and smaller losses for its container shipping business. This is the first time the company
      Bloomberg  -  282 words
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      165 3 j ;:j! IJ i f 'H I v li' I I I' I 'i i<k iiio -1 J f/ 1 1 f u*-. I* t *"'t* liL p, I i '<' i h A •Y'l, restaurant© 1 VjTm V ~»W vl K- > 1 'U, fi U I' i 1
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      1183 3 0 Hana Bank Head Office: Hana Bank Building 101-1 Euljiro 1-Ka, Chung-Gu, Seoul 100-191, Korea Http://www hanabank.com Singapore Branch: 8 Cross Street. #23-06 PWC Building Singapore *****4 Tel: (65) 6438 4100 Fax: (65) 6438 4200 Telex No: RS ***** HABS swift HNBNSGSG CONSOLIDATED BALANCE SHEETS CONSOLIDATED STATEMENTS OF INCOME December
      1,183 words
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Untitled
      328 4 OTHER SINGAPORE INDICES May 23 VALUE CLOSE BTOMDS 171.00 -13.00 BTCMN -*****.00 +172.00 BT 10-<Uy MA -*****.00 +17.00 AM-SG Equities 359.27 +4.75 SG Eqnitins Elnct 127.50 +2.67 SG Equities Fin 1108.31 +11.90 SG Equities Prop 320J55 +8.27 MSCI Singapore 162.48 +1.70 SMSCI Fntnres +1.70 iiwhi Vtkmm UniFiber 10c 312,922,000 NewWave
      328 words
    • Article, Illustration
      Lock icon ING sees travel recovery in Q3, keeps buy rating on SIA
      292 4  -  HOT STOCK/ WARRANT By Ven Sreenivasan SINGAPORE Airlines last week unveiled a net profit growth of 69 per cent to $1,065 billion for the financial year ended March 2003. Excluding tax write-backs arising from a lower tax rate, net
      292 words
    • Article, Illustration
      Lock icon It's still a trading market
      757 4  -  I comment STOCKS r. sivanithy IT'S been a real roller-coast-er ride for local stock market traders from the obsession with the geopolitical risks of a USIraq war, to minute-by-min-ute tracking of US military manoeuvres in now-forgot-ten Iraqi cities; then to the worry about Sars' impact
      757 words
    • Article
      Lock icon Japan's intervention warning erodes yen's momentum
      746 4 AFP [HONG KONG] Some major Asian currencies weakened against the US dollar, with Japanese authorities repeating their warning of dollar-buying intervention. Japanese yen: The yen faced selling pressure against the US dollar during the week just ended as Japanese authorities repeated their warning of
      AFP  -  746 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    3301 4 UNIT TRUSTS FUNDS Com Global Health Index Fd 0 79/ Com Global Telecom Index Fd 0 416/ Uki I IU T I I Com Global Infotec Inde* Fd!** 0 .277/ T" i"""*"""* r!r Com Global Energy Index Fd 082V e£2£fcf 130V 0x11 TravSlndexFd 0628/ sS Europe J|™ Com Spore Bond
    3,301 words
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  • SINGAPORE news
    • Article
      Lock icon SPH stands by Streats' 800,000 readership figure
      455 5  -  Survey complies with professional research standards, it says By Denesh Divyanathan MEDIA group Singapore Press Holdings (SPH) is standing by the stunning 800,000 readership figure of its free newspaper, Streats, saying the number was obtained from a survey that adhered to "professional research
      455 words
    • Article
      Lock icon Asia's key role in global economy
      298 5  -  =4 on the economy economic growth By\ Denesh Divyanathan ASIA holds the key to two of the biggest issues facing the world economy today fears over deflation and the weakening US dollar said Standard Chartered Bank in a recent report. While deflation is not
      298 words
    • Article
      Lock icon Platinum cards on the rise
      401 5  -  Cardmembers enjoy exclusivity and a host of special privileges, services By Slow Li Sen AN American Express platinum cardmember "very recently" splurged $350,000 in the Bulgari shop here, making it the single largest purchase so far recorded for cards issued in Singapore. Pressed for more
      401 words
    • Article
      Lock icon Good sales at condo launches
      205 5 PROPERTY sales over the weekend went well despite the poor economic climate, signalling there is still demand for well-priced units in the market. Far East Organization said two of its developments offered for sale over the weekend 46-storey Icon in Tanjong Pagar and Gardenvista in
      205 words
    • Article
      Lock icon Weak US$, terrorism fears push gold to 3-month high
      824 5 COMMODITY Weeklyßoundup AFP [LONDON] The plummeting US dollar sent gold up to a three-month high last week, while oil prices also ended higher despite the removal of United Nations sanctions on Iraq, a move allowing the resumption of Iraqi crude exports.
      AFP  -  824 words
  • Article, Illustration
    Lock icon FINANCE & COMMODITIES
    1157 5 FINANCE COMMODITIES Week ended: May 23 SnrOAPORE QOVERMMEltT SECURITIES OTPICATIVE PRICES AMP YIELDS Met ftrlc* TimC—- Matarttr C— YTM K <Hw TwCw— MfrttY C— T TII WU 0«T 7 YR 2.5 15-Jub-03 K*****0F 1.39* 0.49* 100.06 100.11 5 YR 2.625 01-0ct-07 R*****0H 124* 1.23* 105.85 105.9 5 YR 5.125 0VS«p-03
    1,157 words
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      1337 6 \rW?*yF3B*E*%&-' China Aviation Oil (Singapore) Corporation Ltd China Aviation Oil A Decade of Challenges; A Bright Future China Aviation Oil (Singapore) Corporation Ltd ("CAO") today celebrates its Tenth Anniversary, marking a decade which witnessed two major transformations that have lifted the Group from losses and obscurity to fast growth and
      1,337 words
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      804 7 CELEBRATES ITS IOTH ANNIVERSARY Management Principles Behind Past Growth The Road Ahead W* 1 In charting our growth, CAO is guided by our "1-2-3" Concept of Management and Five Investment Principles. Under the "1-2-3" concept, iH "One" refers to aiming for rapid, continuous and steady growth; "Two" means to leverage
      804 words
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  • THE FTA FACTOR
    • Article, Illustration
      Lock icon Mega payoffs — and some pain
      2038 8  - Mega payoffs and some pain Tlkram irhnt in considers the impact of the FTA on three aspects of the S'pore economy Vikram Khanna THE US-Singapore Free Trade Agreement (FTA), which was signed by US President George Bush and Prime Minister Goh Chok Tong in Washington on May 6, could have
      FILE PHOTO  -  2,038 words
    • Article, Illustration
      Lock icon S'pore manufacturers clueless
      1164 9  -  Few companies have got down to gleaning from the technical details how they can exploit the US trade pact reports Too Anna Teo Businessman Jeffrey Goh is in the panel fielding questions on investing in Batam but he has a flurry of queries himself for his Indonesian
      1,164 words
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      95 8 d "r We're teaching our cars to see, because mum can't be ev< A:> .i kuowi'u; you* a.hild is alone on i'v wheels a >11 \'j< iy' >Il■t(i 11 11) pll>t e >. t 11 i 1 n 11! s vvh vv.o'e\\ o' >1 i a' *S. I hi• 11
      95 words
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  • CHINA focus
    • Article, Illustration
      Lock icon Cracking China's ad market
      865 10  -  Vlnce Chong considers what foreign advertising agencies can do to succeed in the still-unsophisticated Chinese industry Vince Chong Advertising great William Bernbach once opined that his craft isn't about creating a product advantage but rather to convey an inherent advantage effectively. Could this contain the answer
      REUTERS  -  865 words
  • Article
    Lock icon COMMODITIES
    1563 10 SICOM FUTURES May 2. RUBBER Futures (Ctosinq prices) RSS1 (S cents/kg) Close Volume Open Month High Low Sett (towns) Interest Jun 03 179.25 Jul 03 ***** Aug 03 168.25 Sep 03 166.75 RSS 3 (US cMts/kg) Volume Open Month High Low Sett (tonnes) Interest Jun 03 103.00 103.00 103.00
    1,563 words
  • Page 10 Advertisements
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      Lock icon Page 10 Advertisements Column 1
      157 10 p i:l I hj! 11' l-l'l J i-l i I'll I.', llJllll'.'l.'b JIII strategies Seminar Fer gee lei Ml VHf j Roger Hamilton, built his riches in the midst of the Asian Financial rSNqpr M Crisis. He made his first millions in his early 20s and before he turned eUI
      157 words
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      59 10 Network CCTV Series /our Ultimate Choice in Remote Surveillance! APhontUM Video ADSL SCV MaxOntne PSTN&moeie Sioporl dynamc P w But-ci wat> ser\«f \Ad*o up to 2S/30 4. B. 16 *dao A atam i j n .«n<. \flrlan Unnltnikin nfiiwif vvuvu (wnvumna weHH^v 4 Local Recording I Mmneracrve i liflk opvabuf
      59 words
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      21 10 Everything from conversational French to antiques, find them aH in The wore times CI tariffed. J l b '4 I BurlLStllLFMtt.
      21 words
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      Lock icon Page 10 Advertisements Column 4
      505 10 Call toll-free 1800 239 8822 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF LG SEMICON SINGAPORE PTE LTD (IN MEMBERS VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act. Cap 50 that the Final Meeting
      505 words
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  • REGIONAL news
    • NOTEBook
      • Article
        Lock icon Electric railway planned for Bangkok
        70 11 AFP [BANGKOK] Bangkok's governor has unveiled construction plans for an electric railway encircling the Thai capital in a bid to ease its infamous traffic congestion, a report said here yesterday. Governor Samak Sundaravej said construction on the proposed 82.5-kilometre system, to cost an estimated 41
        AFP  -  70 words
      • Article
        Lock icon Nasscom to help India's illiterate
        73 11 AP [BANGALORE] After earning tax-free billions of dollars for years, Indian software companies plan to use some of their profits and programming muscle to help the country's poor and illiterate. A foundation set up by the National Association of Software Services Companies a grouping of
        AP  -  73 words
      • Article
        Lock icon Thaksin banks on overseas investors
        94 11 Bloomberg [BANGKOK] Thai Prime Minister Thaksin Shinawatra expects overseas investors to boost purchases of Thai stocks this year on optimism that the nation's economic growth will accelerate. "Thailand will become one of the favourite countries for foreign investors to put their money in because they
        Bloomberg  -  94 words
      • Article
        Lock icon 200 M`sian sailors quarantined
        65 11 AFP [KUALA LUMPUR] Some 200 crew on a Malaysian navy ship have been quarantined following the death of a crew member with suspected Sars symptoms two days ago, the health ministry said yesterday. Ten people have been hospitalised and the rest quarantined on board the KD
        AFP  -  65 words
      • Article
        Lock icon 25 killed in Philippine sea collision
        90 11 AP [MANILA] A passenger vessel carrying at least 228 people broke apart and sank after colliding with a larger ferry yesterday in stormy waters at the mouth of Manila Bay. The coastguard said at least 25 people were killed and 203 were rescued. Search
        AP  -  90 words
    • Article, Illustration
      Lock icon HK$1b campaign to improve Sars-hit image
      478 11 HONGKONG Reuters HONG Kong, its reputation badly tarnished by Sars, will launch a HK$l billion (*****.8 million) campaign to improve its image following the lifting of a travel warning on the city, a newspaper said yesterday. Hong Kong is also inviting a number of
      Reuters; Photos AFP, AP, REUTERS  -  478 words
    • Article, Illustration
      Lock icon Malaysia revs its economic engine
      732 11  -  I- Jri comment KL STOCKS Biotech hub plan, broader economic stimulus package will help economy stay on course eddie toh Malaysian Prime Minister Mahathir Mohamad did not waste much time in getting back to work, following a twomonth vacation. Last week, he launched two long-awaited
      732 words
    • Article
      Lock icon MCA shake-up points to more changes in coalition
      526 11 KUALA LUMPUR New leaders taking over ahead of Dr M's retirement AFP Bernama A NEW generation of politicians is beginning to take over Malaysia's ruling political parties ahead of Prime Minister Mahathir Mohamad's retirement and impending general elections. The Malaysian Chinese Association
      AFP; Bernama  -  526 words
    • Article
      Lock icon Proton eyes US, Canada markets: report
      383 11 KUALA LUMPUR CEO planning visit of M'siancar makers to Mexico Reuters Bloomberg MALAYSIAN national car maker Proton is planning to use Mexico as a platform to tap the lucrative North American automobile market, the New Straits Times reported yesterday. Mexican ambassador to Malaysia Alfredo
      Reuters; Bloomberg  -  383 words
  • Page 11 Advertisements
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      Lock icon Page 11 Advertisements Column 1
      163 11 I¥7l A _1 i i Prrsentrd Diners Club Credit Card *****980 Where to wine, dine ana entertain... Mariners' Comer Seafood fr Steak Restaurant Treat yourself to a very special lunch or dinner sample the seafood delights or meaty masterpieces prepared in traditional Western or Oriental style. Succulent grilled Norwegian Salmon,
      163 words
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      13 11 Wfc mJm nk pi 1 $15.80++ per set meal Available weekdays for lunch.
      13 words
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      82 11 •i k Wh«n you wont o pertoet rtort »o tt>» r#it o< yOM» Mo. torn H lo Iho oxp#rt»l Coll out HOTLINE *41« 1 OSS lo tpoak to out wodding Ptonnon and Und out how you con hove a porfoci w»ddlng cdobrafton right hotol Moaventy Mm lonquol Choico o» coura*
      82 words
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      Lock icon Page 11 Advertisements Column 4
      85 11 E7 $5.80 Nett Per Item VE With FREt Choice or Or* Corfee/Tea/Son Drinks or Chin Chow Oyako Don (Chicken Egg with Rice) Penang Fried Kway Teow Slice Fish Hor Fun Hainanese Mutton Stew Sauteed Chicken with Chinese Sausage It's Time All Day Mug# $4.00 nrtl each Juft#sls.oo aett each f
      85 words
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      81 11 I ME RITUS MANDARIN SINGAPOREI Asparagus Season 1 31 MAY 2003 Asparagus is one of the most nutritious and delicious vegetable. It is fat-free, cholesterol-free and packed with vitamins. Savour healthv Pan-fried White Asparagus Salmon Carpaccio, or the Duo of Purple Asparagus Italian Prosciutto Ham and many more. Set dinner:
      81 words
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  • WORLD news
    • Article, Illustration
      Lock icon No crisis seen for Japan's big banks
      470 12 TOKYO Bnt future is less certain as Resona asks for 2t yen public fund injection AFP. Reuters JAPAN'S mega-banks should avoid triggering a financial crisis when they reveal full year results today despite suffering huge losses, but analysts fear for the future unless
      AFP.; Reuters; REUTERS  -  470 words
    • Article
      Lock icon NYSE co-presidents each paid US$4m in '02
      403 12 NEW YORK Top 3 execs' pay amounts to 71% of exchange's profit Bloomberg NEW York Stock Exchange co-presidents Robert Britz and Catherine Kinney earned about US$4 million each in 2002, according to people familiar with their compensation. The pair's compensation, along with the
      Bloomberg  -  403 words
    • Article
      Lock icon Toronto fears new Sars outbreak
      196 12 TORONTO AFP Reuters CANADA'S largest city, Toronto, braced itself yesterday for a new outbreak of Sars, on news that an undiagnosed sufferer may have exposed hundreds to the illness that has already killed 24 people here. Officials were investigating 33 possible cases of Severe Acute
      AFP; Reuters  -  196 words
    • WORLDWatch
      • Article
        Lock icon Israel accepts US-backed peace plan
        107 12 Reuters {JERUSALEM] Israeli Prime Minister Ariel Sharon won cabinet approval yesterday for a US-backed peace "road map" that includes a historic call to establish a Palestinian state by 2005, Israel Radio said. Overcoming opposition from far-right ministers and members of his own Likud party, Mr
        Reuters  -  107 words
      • Article
        Lock icon SK Group misses deadline for plan
        102 12 AFP [SEOUL] South Korea's third largest conglomerate the SK Group has missed a deadline to present a rescue plan for its troubled trading arm SK Global, reports said yesterday. The missing of the Saturday deadline was prompted by a dispute between creditors and the
        AFP  -  102 words
      • Article
        Lock icon UTC, Chubb close to takeover deal
        68 12 Reuters [LONDON] US industrial conglomerate United Technologies Corp (UTC) and British security services company Chubb Pic are nearing a takeover deal that could value Chubb at around £580 million (Ssl.6 billion), sources close to the situation said yesterday. The sources said an announcement could
        Reuters  -  68 words
      • Article
        Lock icon Japan may hike consumption tax
        104 12 Reuters [KITA KYUSHU, Japan] Japan may hike its consumption tax in four years to replenish its dwindling coffers, Finance Minister Masajuro Shiokawa said yesterday. Speaking at a public meeting in Kita Kyushu, Mr Shiokawa said Prime Minister Junichiro Koizumi's vow to keep the sales tax
        Reuters  -  104 words
    • Article
      Lock icon Fund managers beaten by schoolgirls in game
      365 12  -  From] Neil Behrmann in London A GROUP of British schoolgirls have embarrassed fund managers who are struggling in the gyrating stockmarket. A notional £100,000 (*****,355) investment by them soared by 141 per cent to £241,000 between October and April in the Student Portfolio
      365 words
    • Article
      Lock icon US non-financial firms' banking ambitions gain more support
      511 13 WASHINGTON But critics say it will result in more risk, unfair competition LATWP MERRILL Lynch, Morgan Stanley, Wal-Mart, General Electric and other companies are gaining support in Congress for the right to set up a nationwide banking system that could compete with
      LATWP  -  511 words
  • Article
    Lock icon BROKERS' RECOMMENDATIONS
    1031 12 Compiled by Thomson Financial I/B/E/S Tin li thr wmi of ill Itw m wwndBlBin mWfci RECOMMENDATION FORECAST There?* total o( 29 brokaretubminiogrecom- COMPANY NAME THIS WEEK LAST WEEK EPS (t) PE (times) mandattona but not every atocfc it toHoawd by al the 29 broken. Their recom- menttaliOM em
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  • Article
    Lock icon SGX
    794 12 Week ended: May 23 w— an o»—». m*wmm m am q—i AOgrMn SOc 0.40 0*35 <0 005 MUM 50c 0.S7 2 410 -0 090 CK OA SilOO *0100 OCK 906 9 400 <0.050 CnULnl 100 1.070 <0*10 Out 0.51 6 350 *0400 OunSamKand26c 0M 0 70 <0030 Partway H
    794 words
  • Article
    Lock icon BONDS & WARRANTS
    576 12 BONDS WARRANTS Lact Vai Cmm but Oi* Gmt-mE *m- rmm Ma Im i* ASTIW*****1 4 -05 45 1 16 48 3 38 13 AanaLtd W*****6 2 unch 546 1 50 512 4.25 18 Amtck W*****0 55 -05 21 1 33 ISO 25 Armstrong W040S20 2 -0.5 1230 1 10 41
    576 words
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  • Article
    Lock icon SGX MAINBOARD
    6351 13 Week ended: May 23 52-4* Last Vol WMk LastQwtc GrOw Oiv GrTM MM MCja Hi# law Cd«>M| Sate W- fOCe> too Ony Sdter Cur HI jmi ABNAnvoNLG 56c 9 12 J4 1388 18 9 ACE Dynamics20c 13 -1 136 14 12 5 13 14 100 153-8 128 21.5
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  • Article
    Lock icon SGX XTRANET
    66 13 U-Wfc IM Vol KM UMQwM* GrOn Dw GrVU Nat MCh t— Ci»p««> S«t» W- CMH Ml# L— »»yr UMm Cm M imj *10 89 DumooA OS87»cd 4020 2/00 IS DJ US Tech U*****cd S» S5S tSMSCl Spore US555 10S50 «200 ISSAPSOO WS8270cd ***** S7W SPO« US8280cd 1734 1210
    66 words
  • Article
    Lock icon SGX SESDAQ
    1691 13 SUM Lost vol M Last Quote GrOw On GrYtd MM MCm HI0I Loo C—nt Ml W- fwot H#i Loo Imf SoBor Cw HI imm 17.5 7.5 ABRHtdgsSc 12.5 ♦IS 1330 12.5 10 12 125 Ml 24 15 APCM5C 1» OS 159 195 18 185 19 27 2 6
    1,691 words
  • Article
    Lock icon CLOB INTERNATIONAL
    333 13 si-Mi Lat Vol Last Quote Grtfcv On GrVU MM MCas L— CiwpiM M» W- ft Ni#i L—> ffcr CV P« 134 tl AVJetmmgs A25< A129cd *9 2886 134 118 128 129 40 3 4 7 8 7 5 2774 Cath»P*20c MK720 265 2 1 7 4 6 *****2
    333 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Lock icon Page 13 Miscellaneous Column 1
      248 13 CRYPTIC CROSSWORD 1 Only a fight very nearly 6lt is stupid to give credit to the g Uncle on manoeuvres found something etementary (7) 23 Wave. travel round scx^S 9 2 Quieter part of a car? (8) 3 Brave secretary in smart sur- 15 Gathering of birds only? (3-5) Across:
      248 words
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  • BIZIT
    • Article
      Lock icon Information glut spurs S'pore's external storage market
      690 14  -  The need to manage ever-increasing volumes of data drives companies towards SAN and NAS solutions Reports by Amit Roy Choudhury SINGAPORE companies' use of storage devices attached directly to computers is dropping dramatically as they embrace network storage solutions in an effort to
      690 words
    • Article
      Lock icon New storage service
      147 14 DATACRAFT has teamed up with key solutions partners EMC and Cisco Systems to roll out a new assessment service aimed at helping companies decide if they're ready for what it calls a Storage-Ready Network. According to Datacraft, such a network would provide a single intelligent infrastructure offering
      147 words
    • Article
      Lock icon Asia-Pac revenue up but HP remains cautious
      419 14  -  By' Tang Weng Fai DESPITE the still slow recovery in IT spending in the region, Hewlett-Packard has increased Asia-Pacific revenue while maintaining its focus on delivering the promised savings from the merger of HP with Compaq, the company's top regional executives said last
      419 words
    • Article, Illustration
      Lock icon SMS buzzes for dotcom survivor
      561 15  -  BnzzCity expects to turn profitable this year By Amit Roy Choudhury BUZZCITY, which was set up at the height of the dotcom boom in 1999, expects to turn profitable this year on the back of strong demand for the SMS services it offers. One of
      561 words
    • ITTAKES
      • Article
        Lock icon FXS logistics seminar
        59 15 FUJI Xerox Singapore (FXS) will be organising a seminar entitled "Beyond The Delivery Chain An Integrated Logistics Solution". The theme of the seminar is "leveraging on technology for higher productivity efficiency". It will be held at FXS* Knowledge Management Centre at #18-01 Sun tec Tower Four on
        59 words
      • Article
        Lock icon SiTF infocomm conference
        38 15 SINGAPORE infocomm Technology Federation (SiTF) is organising iX 2003, a top regional infocomm conference form Sept 30 to Oct 3,2003. It will have a new integrated exhibition at Singapore Expo. For more details, visit www.iX2oo3.com.
        38 words
      • Article, Illustration
        Lock icon Designer media disks from BenQ
        88 15 BENQhas launched the first of its design-inspired series of media disks, called BenQ DJ Station. BenQ DJ Station is a CD-Recorder Disk (CD-R) that is designed to look like a mini LP. The media disks have distinctive jet-black LP design, with striking tangy orange, gekko
        88 words
      • Article
        Lock icon New video editing software
        106 15 PINNACLE Systems has announced the availability of Pinnacle Edition PRO version 5, the latest version of the company's mid-range video editing and DVD-authoring software for professional videographers, educators, and advanced video hobbyists. Pinnacle Edition PRO version 5 uses processing power from the PC's central and graphics
        106 words
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        Lock icon MiTACs new PC-TV
        68 15  -  Compiled by. Amit Roy Choudhury A PC-TV made by Taiwan's MiTAC International Corporation is available in Singapore. The MiTAC PC-TV allows the recording of TV shows and watching of DVD movies. It also stores and plays digital music and can create DVDs and CDs. Priced at $2,799,
        68 words
    • Article
      Lock icon No time like now to start a company, entrepreneurs told
      312 15  -  From J Jennifer Lien in Silicon Valley STOP worrying about the economy, and just get out there and start some companies. This was the message from Sequoia Capital founder Donald Valentine to several hundred entrepreneurs in rapt attention at the
      312 words
    • Article, Illustration
      Lock icon Nokia launches phone for Chinese language users
      281 15  -  Leonard Lim NOKIA sees the Asia-Pacific region, and China in particular, as a key market for growth, says Tomi Paatsila, Nokia's Asia-Pacific director of the mobile phone business unit. Mobile Phones. And putting its money where its mouth is, the mobile communications giant
      281 words
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      251 14 Case not Included. ffBBWi m W 5 LICENSES Microsoft' Business Booster Kit H-- .B— (Upgrade now to save time and money with Microsoft Open License IBs «m ■bkhhhhmhmmhmhhhhhhhhsssSSSSSSSSSSSSSSSSSSSHHHHHHH These Microsoft solutions have everything to boost and managed with less time* effort, comjlefctty Bjprour business. WKh Office XP, we simplified end
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      67 15 Leading Companies In Singapore Run Oracle Chartered 11 \y </ semiconductor manufacturing CREATIVE" Eastern STA?S K SingTel asia's leading communications company These leading companies rely on Oracle to manage all of their information. What do you run? oracle.com or call 1800 672 2531 Copyright (> 2003. Oriel* M nghti r*
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      357 16 See real savings with our interest-free payment plan*. 0 downpayment 0% interest for the first 90 days 0 payment for 90 days In an unpredictable environment, our interest-free payment plan wilt free up your cash to finance your other business operations. Together with a comprehensive range of scalable business solutions
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  • SHIPPING TIMES
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      Lock icon SHIP SALES
      306 17 Contributed by Simpson Spence Young THE number of sales being reported this week does not fully illustrate the activity in the market. There are various other ships which are rumoured to be working firm and close to being sold, or maybe even being sold, but not yet being
      Contributed by Simpson Spence & Young  -  306 words
    • Article
      Lock icon MARITIME STOCKS
      274 17 SOX '000 **23 S$ Kal C*rr Attribution—0.58 unch 0 ChuanHup 0.39 0.01 T122 CHOffshora 0.20 0.01 500 Cosco Invastmant 0.26 -0.01 3947 Fr#toht Links 0.05 0.01 317 GBHoMnot 0.60 0.02 48 Jay* Holdings 0.34 unch 474 KappaiCorp 4.54 0.06 1464 K1 Vantura 0.18 0.01 2311 K appal Tai*
      274 words
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      Lock icon Beware of piracy attacks near Bintan: IMB
      580 17 It reports hike in incidents in waters near Bintan and Anamhaa iglanHg in the past month [SINGAPORE] Ships passing by the Indonesian island of Bintan, just off Singapore, have been warned to be vigilant after a spike in piracy incidents in the area.
      580 words
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      Lock icon Welcome aboard
      42 17 [HUBEI] The Zigui Port on the upper reach of the Three Gorges in central China's Hubei Province has been opened to traffic. The Chinese port is an important one on the Yangtze River linking the east and the west. AP
      AP  -  42 words
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      Lock icon Vietnam's Chan May port gets its first berth
      111 17 [SINGAPORE] The first berth at Vietnam's newest deepwater general port at Chan May is completed, and is expected to be operational by September. Located on the East Chan May peninsula near the central city of Danang, the port's annual capacity is projected
      111 words
    • Article
      Lock icon NCL's Pride of America to set sail next year
      265 17  -  First new ocean cruise to fly the US flag in 50 years By Beth Jinks [SINGAPORE] Star Cruises' Miami-based subsidiary Norwegian Cruise Line (NCL) will launch services of its newbuild Pride of America in July 2004 the first new ocean cruise
      265 words
    • Article
      Lock icon Four berths at Northport to get 15 m draughts
      351 17  -  They'll be ready by month'sendfornew container ships By: Beth Jinks [SINGAPORE] Four berths at Port Klang's Northport will reportedly have 15 m draughts by the end of the month, catching up to competing neighbour Westport. Long-awaited dredging at berths 11-14 and
      351 words
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      Lock icon Asian volumes fuel liner optimism
      969 18  -  LXMER SCENE By David Hughes CAUTIOUS optimism appears to be the best description of the big container lines that are making increasingly confident noises about freight rate increases. Indeed, the Far East Freight Conference (FEFC) lines have issued a reminder to shippers in North Europe
      FILE PHOTO  -  969 words
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      Lock icon SHIPPING SCHEDULES INDEX
      198 18 PAGE Avant 6 B'tang Mas 5 BSA 4 BSC 6 BTL 6 Cargoways 6 CMACGM 3 COSCO 3 Chahaya 6 China Shpg 5 Confer 6 CWT Globelink ...4 Delmas 4 Dongnama 3 EP Carriers 6 ECL 3 EIS 6 EngLee 6 ESP Lines 4 Far Shpg 5
      198 words
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      Lock icon SHIPPING GUIDE
      12591 23 thebusinesstimes EXPORT ETA ETA Advertiser Vns« Voyage Telephone ETA ETA Advertiser VmiH Voyage Telephone SIN Dnt'n Sdme Nam* Number Number SIN Dest'n None Name Number Number 05/06 n/06 BTL TIGER SPIRIT 06* 65******22 To ABIDJAN (ABJ) 2003 Cot* D'lvoire 07/* 12/M PACC Com breeze won 65******55 03/06 12/07
      12,591 words
    • SHIPS IN PORT
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        Lock icon CONVENTIONAL WHARVES
        465 25 K v Vessel Voy No Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL APOLLON V001 J16/17 A/SIDE 25/05 0200 BTLEO ***** J1 A/SIDE 25/05 0530 M SONGKHLA 10VC J9 A/SIDE 25/05 0600 UNGGULJAYA 05/03J J3 A/SIDE 25/05 0600 WINSTAR 7 40S03 J2 A/SIDE 25/05 0630 CHINA STAR 008W J18/19 2A)5
        465 words
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        Lock icon CONTAINER SCHEDULES
        2037 25 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vessel Out In Bth Berthing On- Berth Name Voy Voy seq berthing Nmbr aoi prima ocs cos i jjmammm **********00 *a mmsoK am am i *****00*0800 *****00*2200 oawour oms oms i *****00*21*0 26osooo*i3ao nx ALABMATA1 BUN BW 1 **********00 *****00*0700 ALTONA 0339 0338
        2,037 words
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        Lock icon GLOBAL HOLIDAYS
        133 25 May 26 U.K.: Spring Bank Hoi U.S.: Memorial Day May 29 Indonesia: Ascent ion Day France: Ascent ion Day Germany: Ascent ion Day May 31 Brunei: Armed Forces Day Jul C/ii/wrChildren's Day. inn 2 Italy: Anni of the Rep. NZ: Queen's Birthday. Jnn 4 Hongkong: Tuen Ng Festival.
        133 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        793 25 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market Prices shown are based on averagesized stem Market movements are indicated. The Cockett Bunker Price Index change and the
        793 words
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        Lock icon VERITAS BUNKER QUALITY REPORT
        450 25 Carlo* ISO Mm 1005.1 0.7 BJ O.N t44 0.03 Iter IS Dmstty Water NsMw AUAHwlilv Sediment Ho above E25 4 0 3 0 2 0 380 An 981.2 0.3 03 0.04 0.02 Um. 380 Hu 991.9 L5 18.4 0.07 74 0.05 WW3 %ift m/m H/u mi
        450 words
    • AIR & LAND transport
      • Article
        Lock icon Garuda foresees no disruptions if strike starts
        206 26 AP [JAKARTA] Indonesia's national carrier Garuda on Saturday said its flights would be unaffected if its technicians make good on threats to strike next week. More than 600 technicians at 25 domestic and five overseas airports are threatening to stop work from May
        AP  -  206 words
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        Lock icon Too many int`l carriers in Europe, says BA chairman
        424 26 He calls for fewer hub airports to cope with industry downturn Bloomberg [LONDON] British Airways Pic chairman Lord Marshall said the number of European international airlines and hub airports need to be reduced for the industry to cope with a decline
        Bloomberg; AFP  -  424 words
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        Lock icon Jazz and unions agree to cut labour costs
        345 26 Deal will save airline up to 48% in wage bill for pilots, flight dispatchers AFP [TORONTO] Air Canada's regional airline Jazz announced on Saturday that it had reached agreements with two of its unions to cut labour costs by as much as
        AFP  -  345 words
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        Lock icon CEO-led group to buy out DHL Airways
        289 26 AP [MIAMI] Cargo carrier DHL Airways Inc said it has agreed to sell the company to an investor group led by its new chairman and chief executive, John Dasburg, for US$57 million, in a move to dispel concerns about who controls the company.
        AP  -  289 words
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        Lock icon HK airport cuts landing fees by up to 50%
        508 26 Move aimed at recovering 80% of traffic by Dec Reuters [HONG KONG] The Airport Authority of Hong Kong, which manages one of the world's busiest airports, said yesterday it would discount aircraft landing fees by up to 50 per cent over
        Reuters; REUTERS  -  508 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1481 26 CITY fUGHT ETA FU6HT ETO Frattrt 1*9762 06)5 S0326 12)0 SOn 0635 1*7)0$ 2250 MMMt 502)0 SOUS VMS 0f5 2250 LMT7? 2)05 *ast*r«M S023 0605 5024 2)45 SQ123 0640 S0?00® 2)05 IH9765 2)50 $03)6 2)50 AactM ***** 2045 LMM 2020 SOOT 2020 S0909 1540 SOW TO
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      10 17 uurjnwui Asian volumes fuel liner optimism PAGt 2 if,- 1
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      119 17 From personalised maid services to recreational facilities, complemented by stylish dining and living areas, fully-equipped kitchen and bedroom with en suite bathroom, Ascott International Soviced Residences will have something for your every need. Let us refresh you for your next voyage. The Ascott Singapore at 6 Scotts Rd Somerset Compass
      119 words
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      800 18 I TQWA/OANADA I I EXPORT I OTHER OtSTWATWHt I VB» I vot I lIU Mil uiim*<o< Ipouas Ihousiom nw row TO AUSTRALIA <AU>TIWIiAAMAP<PWIW| OOQW» m 31E2? 27/05 21/05 IVO6 17/06 20/0* 11/ M I I/O* 71/0* ygsa VOT ETASIN PIG Ftf NK 111 H M OOQAMBKA **23 03/0* 04** I
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      382 18 lines Mfvic» represented by Members of (he Ragoty of .jess. c- A^SW*-, Sngapore Shipptng Association COtfTAJNEKS/ CONVBfTKMAL CAJtGO row iuii6/aw6*wg/iMuym t IMKKK VIA FTAPKL ETA SIN ETA MALE m in* H« MaM Cantor 7BA IV* IVW MM UU MARINE SERVICES iitfS rto OS4 hE OS47N* SCANCHART AGENCIES SDN BHI) B
      382 words
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      1238 19 TO EUROPE FROM EUROPE ypsa vot sw at ia hmi wv sou ia~||WHa Ivor am mm mv son it m HYUNDAI MM 344W 26/0507/0613/06 15/06 17/06 11/06 MttOfIKHTT 01X06/0$ 00/05 W/W U/OS V/K Aft A6ATI 113WV 29/05 11/06 10/0616/06 MNM IMI 00/05 10/05 06/05 M/B MOLPtOGIISS 007W 30/0511/06 16/06 10/06
      1,238 words
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      1666 19 'VNftlN Oft M«VKI PKO« SUIOAPOftK TO BUCK SU VM POKT SM" Pyau 18 COBM 4fiBf!S N SMKATOtf »MW»IHI SAUS/KGS TO: MMSOS7/41 ML 42M5J71/24 I mm* saws' SSJS COMfTAMTII (ROMANIA) 23M* T/a»w M»«?S tmuu/M I n jottorsowa cowbtioiuu mnsim tntiw I EYHY TUESDAY SAILINGS (»gyi>MBBIHIiW !H:O7m»IM HUL47-15M174 vsi/vor scr Huau<mmMLuai«omm vsiyvor
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      1184 20 HMk HYUNDAI MERCHANT MARINE CO., LTD. i ww».k—2l.t<« Q MO. *****M0000H |vbb wr h sou iw iw mm *v ilvcsa vot I too lup I tra iaw I ham Imy "BT HTFtraoM iiiw u/m u/m m/m m/m m/m Motmasm mm m/m m/m m/m nm m/m APICOtAI 112W 21/95 M/M 10/04
      1,184 words
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      1319 20 WAN HAI NTEKNATIONAL FTI LID a NOc *****VN444/R V.A ial M I I Air TCL*22«ISM (14 IMS) FAX: *****143 W\WAN HAI LINES ssssssessssss— ni&vtBWRiBLpnBWRi wa.mii o*Mniu;ini)inz7i4/s»i»s *I*:M7!)HJ4I««t*Tt|Sa«7MHM*:7IUM,7IUOI ONtTUSTI !|I;WWWI»>II><HWV<HW> Immiwtii iib h* ms BMS SiM M% urn 01* it* 111 188 110 I 31* 01* Bit* V* ll*k |MM NO
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      625 20 BSA xl MYANMA ■B FIVE STAR UNE (MyHMr Wrt—l UM) vßsa vot sm m km ku PAGAM 30*W SLA NH-AM 307W SU> M MAIATSU: OOUSTEAD SHHTMC AGtNCIf S lUL 03-*****)00 fU: 03-317M101 rot 04-I*ll4ol BANK LINE (A sarvka •< Aadrtw W«k SUpptaf) NORTHBOUND TO EUROPE V CONUMBt, ROM, NUUAHUVTUFTS vtssa
      625 words
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      1102 21 |VfSSil VOY KHH MKO |SM I PIO. I PX» BAB OMM MK ■AN TEHRAN PCI -313 27/05 23/03 31/03 01/06 03/06 09/ M 14/06 13/06 UNDAVIA PCI -314 03/06 04/06 07/06 03/06 13/06 16/06 22/06 24/06 MAN KKKMAN PCt 313 10/06 11/06 14/06 13/06 22/06 23/06 29/06 01/07 MAN ISFAHAN
      1,102 words
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      479 21 i KSI UK CONTINENT SERVICE Lowing lor SMART ROM/ATW/BMN/UK/NAN GULSER ANA ROM/ATW/BMN/UK/NAN LowM angoww, E JH. MM9ym WawM MIDDLE-EAST SERVICE LoKSngtor BRAVE JOHN JDH/AQA PAOFIC SUN W JDH/AQA MARILIS T DBVABU/DOH/BRN/DMM/KWT XokM Stngapors, E JH. Mulnyaa. IndoneM USA SERVICE Loacing lor AAOURA AMETHYST CAAA/NFK/SAV/NOL ALFONSO MZL/LAX/VCW SEA BEE CAAA/NFK/SAV/NOL IotMEVW
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      1183 21 sai m m jbssb m m** 24/05 MM_ JKJMM 1282 2*/0S a/ts -lIUMM ISiSM BZti 2*/ OS MIMTI 7 WI 29/05 55 SB WS*M M/ 0* 27/05 JMJMM 2281 WM mm, nriMH mn it/os nm umiaii »u nm orm wum Him 21/12 M/n NSN 31/85 31/05 KBEZZ >hw uzst jsssl
      1,183 words
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      766 22 nG(I SKY MSN 30 31/05 0/01/0* 1314/0* I neasa omn 0304/0* 1112/0* imi/m I TlttllllDtt M7N o*o7/0* I4IS/0* W2I/0* I Tied SHUH OMN in I/O* I*l VD* 74 2S/M I Ti6asrr oom 1314/0* 2122/0* 2771/ot tiki inott sm oTWo* 1712/0* I DALIAN *27 2121/0S 04 o*/0* IS-14/M I JIAISAM 135
      766 words
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      832 22 |VTSSa NAN VOT IMtfOR POtT UIANG OWTAOOW MOHGU n n> no ni nt ha no ißwsasm iw»i> ~m nm 11/05 «i/o* wm PC HAL 01W140 51 >1/0* 02/0* 02/1* U/H W/>* MNBUi SNKHA 2tWWI "ICR 12/1* >7/0* 11/* QCNONfIw 1 two* 1 m n/m "/>* lOC IAM 00W051 M 07/*
      832 words
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      1129 22 I/dz |PDZ LINES I SMiAfOtfcTOMJOOiMHNKPIIIIP fm*. mm i| —amsi lit; vm cmaiG my 27/05 Itawm mi 77/ os awtxi aoul n/os 1 q«jai< luoo7 lio/os It*/* WMUIAS S MIS 31/15 GtSWlf J027 25/05 IPMUAM 3017 71/05 S. WKM I ***** V/HI OSUNG I AMI 5 |M/M 113/96 mkamsi 3m mm
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      260 22 WR*****1 BREAKBULK A CONVENTIONAL SERVICE DIRECT SERVICE FROM S PORE TO KARACHI Ivpsa voroci etasmgapob miMkOt mum mm iH/m/BM ivh/w SEA-PAC MANAGEMENT PTE. LTD. 70 Anaon Rood *17-07/00 Apm Twmt, Sngapin *****5 TaUphona: 6270 0977 focsanla: 6375 2909 Taiax: RS ***** SUMC DjMCT SN NAMPO, P.PJL KOREA IVBStt WTACf ETASMGAPORf
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  • Page 25 Miscellaneous
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      Lock icon Page 25 Miscellaneous Column 1
      126 25 Fs,/ 9jf £B£+ i—l J inT^^Jr \>^s\p» > SS 2^ s s 1 w Issued by Meteorological Service Division,NEA LEGEND: < Thunderstorm Wind speed symbols Showers Fiill circle w/o line indicates calm or light and variable winds Rain One half fleche represents 5 knots Cloudy Day -One full fleche represents
      126 words
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      156 26 ■■■■■■■■■■■■■I Call 1011-fr«e 1800 289 8822 a^^ecrujtOsp^oars^ This is a rare opportunity. We seek a Dry Cargo broker with excellent management credentials to join an established group of shipping companies. Your role is to develop the Dry Cargo Chartering division as a stand-alone company, manage all facets of the business
      156 words