The Business Times, 19 June 2003

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Microfilm: NL25038
Total Pages: 24
1 24 The Business Times
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  • Title Section
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    14 1 MITA (P) 024/03/2003 85C THE BUSINESS TIMES SINGAPORE Internet: http://business-times.asial.com.sg THURSDAY, JUNE 19, 2003
    14 words
  • Article
    Lock icon Singapore's still triple-A, says Moody's
    413 1  -  Bnt credit rating agency puts GDP growth this year at only 0.5% By Wong Wei Kong [SINGAPORE] Singapore's financial position remains strong despite the impact of Sars and a more difficult economic situation, credit rating agency Moody's Investors Service said yesterday. Still, although largely overcome,
    413 words
  • Article
    Lock icon Honeywell moves Asia-Pacific HQ from S'pore to Shanghai
    600 1  -  By] Raju Chellam [SINGAPORE] In August last year, Dutch giant Philips Electronics shifted its top regional management functions from Singapore to Hong Kong. Yesterday, another electronics giant, Honeywell International, said it is moving its Asia-Pacific corporate HQ from Singapore to Shanghai with
    600 words
  • Article
    Lock icon MARKETS
    70 1 STI 1,486.70 (-6.99) ST INDEX FUTURES 1,487.00 (-8.00) SIMSCI FUTURES 185.20 (-1.00) ednesdav Change KI.SKCOMP KKS7K :tn NIKKKI 225 9.1*297..*,997 HAMiSKMi ».»7lt:«l SET INDEX 44(1211 JAKARTA ((MPJM&gt -i*| MANILA 41 IMP I.2VUI2 TAIPKI WPI 4J99.U7 .J-Vhh SK4MLI1IMP K7*7:> .|im SHKNZHKN B 222.IK >*9* Al ST ALL OKI) UBM l«
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  • Article
    Lock icon FINANCE
    85 1 FOREX RATES us$ s$ ISS |SSp«iTSS| 1.79 V|lSjlSSprr«)_l.«K» 2»W K1 R(KI SS SS K) 1.177 i«4 YKN IMS 6t<#l KM ilS* HKS 7 7W 4.11 BAHT 41.:» 24 (M 11UI 41H KKNMINBI «v2W» 4-«m INDIAN RI I'KK 4H-.9 i«H". AS 14*1 MM S7S. 1.7 IS NS»I PRIME RATES SINGAPORE*
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  • Article, Illustration
    Lock icon No bad hair days for this maestro
    1258 1  -  In the first of a series on entrepreneurs with a difference, Jaime Be meets top hair stylist Shunji Matsuo Jaime Ee WHEN he first came to Singapore in 1999, nobody knew hairdresser Shunji Matsuo's name. He had one little salon, spoke choppy English,
    CHRIS LOH  -  1,258 words
  • Article
    Lock icon AirAsia could pip SIA in regional budget race
    528 1  -  Malaysian no-frills airline set to fly to Indonesia, Thailand From] Eddie Toh in Kuala Lumpur WHILE Singapore Airlines (SIA) is still mulling over the possibility of going into the regional budget business, Malaysia's no-frills carrier. Air Asia, is set to fly to
    528 words
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  • NEXT page
    • Article, Illustration
      Lock icon S'pore to cultivate a diverse financial hub
      471 2  -  It seeks to improve supervision, draw more assets and develop markets By\ Kenneth Lim [SINGAPORE] Attracting private equity, venture capital firms and absolute return managers will be key to transforming Singapore into a world-class financial centre. Monetary Authority of Singapore (MAS) assistant managing
      471 words
    • Article
      Lock icon Breakfasts on wheels: pioneer operators set to roll
      447 2  -  By, Leonard Lim [SINGAPORE] CofTee. sandwich. or prata? More than 1.000 enterprising people have applied for 33 licences so that they can take care of your breakfasts while you hustle to work. The licences, given out by the Urban Redevelopment Authority, allow
      447 words
  • Page 2 Advertisements
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      Lock icon Page 2 Advertisements Column 1
      114 2 Are you still big, strong and growing despite these tough times? Companies can nominate themselves for the 2003 Enterprise Award by completing the official nomination form. Companies must be homegrown, privately-owned and incorporated under Singapore's Companies Act (1994 Revised Edition), with three years of audited statements. nlr/'T' Nomination forms ar»
      114 words
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      Lock icon Page 2 Advertisements Column 2
      561 2 nCjil IMP 2M 8822 jt—, IN THE MATTER OF THE COMPANIES ACT. CAP 50 (1) OWSSEA GROUP PTE LTD (21 PAiM LEISURE MANAGEMENT (S) PTE LTD (3) DNW LOGISTICS PTE LTO (4) CONSOLIDATED SPORTS LEISURE PTE LTD (5) WESTERN HOUSE PTE LTD (6) DANONE BRANDS (SINGAPORE I PTE LTD (In
      561 words
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      23 2 Lianhe Zaobao M Innovators I and Entrepreneurs I Association I A group that I accepts only I individuals I as members I —I
      23 words
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  • Page 3 Advertisements
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      984 3 Advertisement Great Fanfare at The Metropolis Mall Singapore Festival —Many local Hong Kong people exchange between Singapore expressed that they looked and Hong Kong. There will L V" I On the first day Of the 2003 Singapore forward to a deeper be a Singapore Exhibition I C5BE3 M b mmt
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  • SINGAPORE companies
    • Article
      Lock icon SembCorp unit defeats TRI's $12m lawsuits
      329 4  -  High Court dismisses case; no breach of contract by SembCorp By] Michelle Quah SEMBCORP Industries' waste collection and disposal subsidiary SembWaste has defeated two lawsuits that claimed a total of some $12 million, filed against it by Transnational Recycling Industries (TRI). TRI, which has
      329 words
    • Article
      Lock icon CK Tang, UOB clarify loan agreement
      346 4  -  MAILISm Foo Tiang Sooi Chief Operating Officer CK Tang Ltd Wee Joo Yeow Executive vice-president Corporate Banking United Overseas Bank Ltd CK TANG Ltd (CK Tang) and United Overseas Bank Limited (UOB) jointly refer to the article, "CK Tang repays UOB. ends risk of
      346 words
    • Article
      Lock icon No more excuses for CK Tang
      447 4  -  kalpana rashiwala SO CK Tang is finally freed of its high-interest loan with United Overseas Bank. This week, the loss-making retailer said it has obtained a new facility for $120 million at current low interest rates from UOB rival OCBC Bank and has used
      447 words
    • Article, Illustration
      Lock icon Giant Wireless expects boost from new contract
      590 5  -  Its profit for year to March was below expectations, rising 7% to HKsss.sm By Angela Tan GIANT Wireless Technology Ltd's results for the year ended March 31. 2003 might have been disappointing, but the Hong Kong-based wireless telecom product designer and maker looks
      590 words
    • Article
      Lock icon IDT profit falls but maintains dividend
      304 5  -  By Daniel Buenas IDT Holdings (Singapore), which designs and manufactures liquid crystal display consumer electronic products, yesterday proposed a final dividend of 10 cents a share, even as net profit slumped $7 million or 22 per cent to $24.6 million for the year ended
      304 words
    • COMPANY Briefs
      • Article
        Lock icon EON gets nod for CCL share payout
        48 5 Bernama EDARAN Otomobil Nasional (EON) Bhd shareholders have approved the proposed payment of dividends in specie of up to 31,830,668 ordinary shares in Cycle Carriage (CCL). This would represent a 13.18 per cent equity interest in CCL to EON shareholders. Bernama
        Bernama  -  48 words
      • Article
        Lock icon SPC to process crude for Pertamina
        44 5 Bloomberg SINGAPORE Petroleum Co (SPC) has agreed to process crude oil into fuels for Indonesia's state oil company Pertamina. SPC will process 62,500 barrels a day of Sumatra Light crude oil for Pertamina from August till September. Bloomberg
        Bloomberg  -  44 words
      • Article
        Lock icon GP Industries profit jumps 84%
        87 5 Or industries saw net earnings surge 84 per cent m the full year ended March to $32 million, thanks in part to a strong contribution from associate GP Batteries, as well as good performance from the electronic and component and the acoustics business. Group turnover
        87 words
      • Article
        Lock icon New CEO for Enersave
        29 5 ENERSAVE has appointed Koo Ah Seang as director and CEO. Mr Koo, 46, was until March this year executive director of United Fiber System Ltd.
        29 words
      • Article
        Lock icon CWT finds larger sum linked to fraud
        70 5 CWT Distribution said that further to its announcement that a $390,000 million provision had been made for a fraud incident detected in a Malaysian subsidiary of CWT Globelink Pte Ltd, an internal audit has revealed that a further $1.5 million was involved. The
        70 words
    • Article
      Lock icon LTA makes $200m bond issue
      534 5  -  The issue, to be placed ont today, is the first 20-year bond in S'pore market By Wong Wei Kong THE Singapore dollar bond market has received a fresh boost with the Land Transport Authority's new $200 million bond issue extending the yield curve from the
      534 words
  • Page 4 Advertisements
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      371 4 MANAGING CUSTOMERS' COMPIAINTS t SERVICE RECOVERY Conducted by: PROF B0 EDVARDSSON DIRECTOR OF SERVICE RESEARCH CENTRE SWEDEN 30th June 2003 Holiday inn Park View Singapore 9am spm S$ 490 Rett 3rd July 2003 Holiday Inn Park View Singapore 9am spm S$ 490 nett COURSE CONTENT Managing Customers' Complaints An Introduction
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      36 4 This announcement appears as a matter of record only. Land Transport^^Authority *****,000,000 IN PRINCIPAL AMOUNT OF 2.90% BONDS DUE 2023 Joint Lead Managers BARCLAYS JSS3 g Fiscal and Paying Agent Standard C$ Chartered June 19, 2003
      36 words
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  • Page 5 Advertisements
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      142 5 NOTHING TEMPTS LIKE THOSE DANGEROUS CURVES „—-t^S^i SO #^^2 Bi/f /of/ will be delighted to discover, the new Lotus Ehse 111 has much more to offer than /list sexy good looks. Like the renowned Lotus ride and handlmq that makes every drive an exhilarating experience. And nerve-sensitive steering feedback that
      142 words
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Untitled
      328 6 OTHER SINGAPORE INDICES Jun 18 VALUE CLOSE BT OB/OS 197.00 184.00 BTCMN *****.00 -102.00 BT10-4ayMA -*****.00 +20.00 AM-SG EqaHks 402.55 -0.91 SG Equities Elect 139.37 +1.68 SG Equities Fhi 1269.94 11.35 SGEqaMfasPrap 380.03 -2.30 MSCI Singapore 185.21 -0.69 SMSaFNtaTM 185.20 1.00 Stocks Volume Goldtron 5c 112.830.CXX) Sinomem Tech 2c 104.540.000
      328 words
    • Article, Illustration
      Lock icon Axis Systems – up 74% and still likely to rise further
      278 6  - Axis Systems up 74% and still likely to rise further HOT STOCK/ WARRANT By\ R Sivanithy THE track record of many dotcoms or tech-related IPOs over the course of the past year has been dismal, to say the least. However, in the case of Kuala Lum-pur-based financial software firm Axis
      278 words
    • Article, Illustration
      Lock icon Market, economy still in a sweet spot
      721 6  -  1 11 comment STOCKS r. sivanithy IF the bulls are to be believed, the US stock market, like the American economy, is handily placed in a "sweet spot" that rarest of confluences when all relevant parameters converge perfectly to engineer a harmonious and
      721 words
    • Article, Illustration
      Lock icon Euro, franc hurt by stronger US numbers
      608 6  -  BTM.I'.'.U'.M'.H CURRENCIES Bat higher-yielders manage more gains against the US dollar larry wee A BUNCH of better-looking economic numbers nudged US bond prices from recent record highs overnight and bought the greenback a bit of respite, though not against its higher-yielding counterparts Down
      Source: Reuters  -  608 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    3688 6 UNIT TRUSTS FUNDS Com Global Infotec Index Fd!** 0 305/ Com Global Energy Index Fd 0 884/ iT'.uumi Com Global Travellndex Fd 0 687/ Amro ~9t 1* pore) Com S pore Bond Fund/" 1.109/ Star Europe Eqty!** 0676/ Star Europe Bd 1 337/ Cradtt Agricoie AM Mgt S pore ltd
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  • SINGAPORE news
    • Article
      Lock icon Tourist arrivals to rise 50% in June from May
      412 7  -  Singapore Roars campaign expected to attract 4m visitors before Dec By) Leonard Lim VISITOR arrivals are expected to increase by 45 to 50 per cent this month compared with May after seasonal adjustment, said Senior Minister of State for Trade Industry
      412 words
    • Article, Illustration
      Lock icon Cashing in
      51 7 MA YBANK has placed its third off-site A TM at the HDB Hub in Toa Payoh Central. The bank expects its ATM to be well used, being situated above the Toa Payoh MRTstation and bus interchange. It said over half a million people pass through the hub each
      51 words
    • Article
      Lock icon COEs for cars down for 1st time since March
      338 7  -  By Samuel Ee COE premiums for passenger cars fell slightly yesterday for the first time in three months. Premiums for a Certificate of Entitlement in Categories A, B and E have been rising steadily since late March. But in the second
      338 words
    • Article
      Lock icon USSFTA may not benefit many: poll
      312 7  -  =H=4 on the economy trade By Chuang Peck Ming OVER two-thirds of manufacturers belonging to the Singapore Confederation of Industries see no gains flowing from the US-Singapore Free Trade Agreement (USSFTA), even though most view it favourably. In a survey of its members late
      312 words
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      235 7 I V How To Treat Clients and Colleagues To learn about Business Account privileges or to receive the Tiffany for Business gift catalogue, please call 6735 1848. Tiffany&Co. SINGAPORE RAFFLES HOTEL ARCADE 61M OI6S NCEE ANN CITY 6715 8821 Bfc* H^H I V |gjqp fIKI I I W m I
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon M'sia needs to woo investors much harder
      821 8  -  bottom line OPINION william pesek jr Bloomberg MALAYSIA is among the world's most controversial economies, a distinction earned during the 1997-1998 Asian financial crisis. It was then that Prime Minister Mahathir Mohamad became an undisputed firebrand of globalisation. He imposed capital controls, called
      Bloomberg  -  821 words
    • Article
      Lock icon IN OTHER WORDS
      50 8 'I am part of a decimated generation and I do not believe in the axiom that when you govern, you trade convictions for pragmatism.' Nestor Kirchner Argentina s new president, on the long-dormant issue of justicefor the estimated 30,000 people who disappeared during the 197&83 military dictatorship.
      50 words
    • Article
      Lock icon Japan's deflation lessons
      671 8 EDITORIAL JAPANESE banks were recently singing the same old refrain that the worst was over in dealing with bad debts and that a return to profitability and dividend payments was just around the corner. The very fact that the banks have continually to make such implausible claims
      671 words
    • Article, Illustration
      Lock icon Appreciating the Asian way of doing business
      1020 8  -  An OECD study finds merit in 'informal stakeholder relationships' typifying the Asian corporate scene, bnt sees room for improvement From Anthony Rowley in lokyo AFTER the East Asian financial crisis, it became a vogue among Western commentators to lay the blame on "poor"
      REUTERS  -  1,020 words
    • Article
      Lock icon China warms to US' Taiwan stance
      740 8  -  COMMENTARY By] Frank Ching IN a revealing assessment of Sino-American relations, the official People's Daily has published an article on its website saying that American policy towards Taiwan has swung "to the middle" and suggesting that the bilateral relationship, after some rough periods in
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  • EXECUTIVE suite
    • Article, Illustration
      Lock icon BCA chief: industry faces tough choices
      764 9  -  Chionh Chye Khye talks to Andrea Tan about the challenges confronting the construction industry as the famine season looks set to continue Andrea Tan IT'S a pain being the head of the Building and Construction Authority (BCA). And this by BCA chief executive officer
      CHRIS LOH  -  764 words
  • Page 9 Advertisements
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      516 9 t /MRv Jones Lang WJ LaSalle. At Woodleigh Grove Site Area: 41,694 sq. ft (approx) 1 i Plot Ratio 2.8, up to 36 storey Isi A Potential Gross Floor Area: 111 ylfiiMj U-~f— 116,743 sq. ft (approx) 111 WESSM i tt 5-10 mins walk to Woodleigh 1 r c and
      516 words
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  • REGIONAL news
    • Article
      Lock icon EON makes RM1.5-1.8b offer for AMMB: sources
      344 10 KUALA LUMPUR Negotiations to bay a 32-38% stake should be finalised in around a month Reuters EON Capital has offered RMI.S billion to RMI.B billion (*****.2 to SsBl9 million), to buy up to 38 per cent in rival AMMB Holdings Bhd and create
      Reuters  -  344 words
    • Article
      Lock icon SPC in Pertamina processing deal
      232 10 JAKARTA Reuters INDONESIAN state-oil company Pertamina has picked Singapore Petroleum Co Ltd (SPC) to process 62,500 barrels a day (bpd) of Minas crude in August and September to secure domestic oil supplies, a Pertamina official said yesterday. Dwi Kushartojo, Pertamina's deputy director for processing, also
      Reuters  -  232 words
    • Article, Illustration
      Lock icon PCCW investors take profit on news of Li stepping down
      522 11 HONG KONG Pacific Century tells SGZ Li has no plans to take the company private Reuters Bloomberg SHARES in PCCW Ltd were yesterday hit by profit-tak-ing as investors mulled whether incoming CEO Jack So will be able to breathe fresh
      Reuters; Bloomberg; Source: Bloomberg  -  522 words
    • Article
      Lock icon Computer Systems in talks for RM1b contract
      183 11 KUALA LUMPUR Bloomberg MALAYSIA'S Computer Systems Advisers Bhd is in talks with a local lender to secure a contract worth as much as RMI billion (*****.8 million) over 10 years as it seeks to expand business by gaining outsourcing work. "We haven't had
      Bloomberg  -  183 words
    • NOTE Book
      • Article
        Lock icon PwC to audit BOC HK results
        75 11 AFP [HONG KONG] The Bank of China's unit in Hong Kong said yesterday that its interim results will be fully audited by its statutory auditor, PricewaterhouseCoopers. BOC Hong Kong (Holdings) Ltd has also appointed Richard Farrant as a special adviser to a special committee.
        AFP  -  75 words
      • Article
        Lock icon Telkom may name KPMG as auditor
        77 11 Reuters [JAKARTA] PT Telkom is likely to name accounting firm KPMG as auditor for its 2002 results in a bid to meet requirements set by the US market regulator, a company source said yesterday. Speculation that Telkom, the Jakarta exchange's biggest firm by market
        Reuters  -  77 words
      • Article
        Lock icon Malaysia's May inflation up 1%
        61 11 Bloomberg [KUALA LUMPUR] Malaysia's consumer price index rose one per cent in May from a year earlier, the Department of Statistics said yesterday. Inflation is close to a nine-year low as cheaper clothing and furniture partly offset increases in food, medical care and transportation costs.
        Bloomberg  -  61 words
      • Article
        Lock icon Wheelock profit dives 88%
        68 11 Bloomberg [HONG KONG] Wheelock Co Ltd, a Hong Kong-based developer, said fuU-year profit plunged 88 per cent after writing down properties. Net income for the year ended March 31 fell to HK$64 million (5514.2 million) from HK5546.6 million a year ago. Sales rose to HK$9.B7 billion
        Bloomberg  -  68 words
      • Article
        Lock icon Sars costs Beijing tourism 16b yuan
        39 11 AFP [BEIJING] Beijing is expected to suffer 16 billion yuan (553.3 billion) in losses to the tourism sector due to the impact of Severe Acute Respiratory Syndrome (Sars), state press reported yesterday. —AFP
        AFP  -  39 words
    • Article
      Lock icon Proton moves into high precision engineering
      410 11  -  Joint venture with Japanese firms will design dies, tools From] Eddie Toh in Kuala Lumpur MALAYSIA'S national carmaker Perusahaan Otomobil Nasional (Proton) has tied up with two Japanese companies in a precision engineering venture as it gears up for the opening of the regional
      410 words
  • Page 10 Advertisements
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      1423 10 GPindustries GP Industries Limited (Incorporated in the Republic of Singapore) Unaudited Results for the Financial Year ended 31 March 2003 The Board of Directors of GP Industries Limited is pleased to announce an extract of the unaudited consolidated results of the Group for the financial year ended 31 March 2003
      1,423 words
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      869 10 I 1 1 AM E RICAN EXPRESS BANK (a wholly owned subsidiary of American Express Company) Special/its in International Financial Services International Headquarters: American Express Tower. World Financial Center. New York NY *****-2300 Singapore Branch: 16 Collyer Quay. Singapore *****8 Telephone *****833 Telex: R*****2 Cable Address AMEXBANK SINGAPORE REPORT OF
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  • Page 11 Advertisements
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      113 11 For over 20 yean, mm qnlM J assisting dicnts tft voMM I offshore with conAdmc* by providing consultancy sarvkat on offshort sUicUMts, shelf companies and incorporations n m jurisdictiofts inchtdhi British Virgin Islands Cayman Islands Bahamas Mauritius Hongkong .T.': Samoa Full nominee, management, corporate secretarial, banking H and professional administration
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      Lock icon Page 11 Advertisements Column 2
      84 11 I How can you get I $1 million cover for I 10 times less premium? Protection Plan Annual Whole Life $10,790 Ewe Term $1,050 $9,740 Buying a life insurance policy is a long-term commitment An early termination of the policy usually involves high costs and the surrender value payable may
      84 words
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  • Page 12 Advertisements
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      2127 12 I /or IDT HOLDINGS (SINGAPORE) LIMITED (Incorporated in the Republic of Singapore with limited liability) IDT HOLDINGS (SINGAPORE) LIMITED is an investment holding company whose subsidiaries are engaged in the design, engineering, manufacture and marketing of consumer electronic products which principally feature LCD and microprocessor applications. Group Financial Highlights 2003
      2,127 words
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      2316 12 T &AAA THE INTERNATIONAL COMMERCIAL BANK OF CHINA I Ictelc (INCORPORATED IN TAIPEI. TAIWAN, R.0.C.1 WWyiyUy HEAD OFFICE: 100 Chi-lin Road. Taipei 104, Taiwan, R O C. Tel: (02)256 ***** Fax: (02)256 ***** T T V V Singapore Branch: 6, Battery Road. #39-03. Singapore *****9 Tel: (65)6227 7667 Fax: (65)6227
      2,316 words
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      Lock icon Page 12 Advertisements Column 3
      533 12 THE COMPANIES ACT. CAP. SO FRANCE TELECOM NETWORK SERVICES SINGAPORE PTE LTD (In Voluntary Winding-Upl At an Extraordinary General Meeting oI the abovenamed company field on the 17th day of June 2003. the following Special Resolution was duly passed "THAT the company be wound-up voluntarily pursuant to Section 290(1 )(b)
      533 words
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  • WORLD news
    • Article
      Lock icon Hynix shares dive after US upholds tariff ruling
      414 13 SEOUL Taxes of 44.71% slapped on imports of its DRAM chips Bloomberg AP HYNIX Semiconductor Inc's shares tumbled yesterday after the US Commerce Department ruled that the memory-chip maker received unfair subsidies from the South Korean government. The Commerce Department, upholding a
      Bloomberg; AP  -  414 words
    • Article
      Lock icon Man United shares rise on sale of Beckham
      425 13 Bloomberg [LONDON] Shares of Manchester United Pic, the world's most valuable soccer franchise, climbed 3.5 per cent after it agreed to sell David Beckham to Real Madrid for as much as 35 million euros (5571.1 million). The shares rose 5 pence, to
      Bloomberg  -  425 words
    • Article
      Lock icon Stricter oversight for US housing financiers may stall
      574 15 NEW YORK New regulations may take a year to enforce dne to disruption worries Bloomberg FANNIE Mae and Freddie Mac, the two biggest financiers of the US housing industry, may escape stricter government oversight for at least a year because of concerns
      Bloomberg  -  574 words
  • Article, Illustration
    Lock icon FINANCE
    1121 13 Transaction date: Jun 18 MTBRBAMm CROSS RATES AS CS N* Euro HH$ iwdta gyptah Yen Wow Ml C{ Mih teo 5$ ta»d 5b IT} Wt Powd WS$ Australia 0.900 5.557 0.569 5.222 ***** 55.028 0.792 7.935 2345 1147 38.672 35.753 1.158 5.273 0.878 23.130 27.824 0398 0370 Canada 1112
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  • Article
    Lock icon COMMODITIES
    1631 13 SICOM FUTURES Jun 18 RUBBER Futures (Closing prices) RSS1 (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Jul 03 179.50 Aug 03 174.25 Sep 03 167.50 Oct/Dec 03 163.50 RSS 3 (US cents/kg) Volume Open Month High Low Sett (tonnes) Interest Jul 03 1 1 102.50
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  • Article
    Lock icon STOCKS ASIA
    5052 14 Transaction date:Jun 18 HONG KONG vol HKRmti —148 004 1791 HKS W- 000 Hong Kong E lectnc 3110 4)20 5040 Hongkong Chinese 0.83 0 04 ***** Alpha General 0.28 0 01 160 Hongkong Chinese Ltd 0 83 0 04 ***** Ananda Wing On 0.01 unch 0 Hopewell Holdings
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  • Article
    Lock icon KLSE
    2428 14 Transaction date.Jun 18 KUALA LUMPUR 551 Va i General Corp 0 49 -0 02 285 RM W- roooi General Sal 1.26 unch 0 Genting 14 40 unch S83 ASM Realty... .0.79 <02 2 Kem T -v Abnc 030 -002 276 Gtobetronia Tech 5.05 005 103 ACP Industries .2.98 0.03
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  • Article
    Lock icon SGX
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  • Article
    Lock icon BONDS & WARRANTS
    584 14 BONDS WARRANTS Last Vol Com bar Dnt Gaar-wZ -irry.r, Salt fOOO llatoo Prtu laft ASTIW*****1 *5 1 16 41 246 12 Anna Ltd MM 11* 15 1 50 442 6.33 17 Amtek W*****0 KS 1 53 1 33 3 1 46 24 Armstrong W040S20 3.5 1 10 23 314 11
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  • Page 14 Advertisements
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  • Article
    Lock icon SGX MAINBOARD
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  • Article
    Lock icon SGX XTRANET
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  • Article
    Lock icon SGX SESDAQ
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  • Article
    Lock icon CLOB INTERNATIONAL
    331 15 SIJHk LKt Vol Day LattQwrte GrOw W* GrVW Nat MCaa Nl» low ciwpim S* row Hijfc Loo 8ur«r Sa8ar CV W W 153 81 AVJennings A2Sc AlSOcd 1 151 152 150 148 151 40 34 67 87 3228 Cathay Pac 20c HK720 265 2.1 7 4 6 *****2
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  • Page 15 Miscellaneous
    • Miscellaneous
      Lock icon Page 15 Miscellaneous Column 1
      240 15 CRYPTIC CROSSWORD 7 One wood first used by cas--9 Remedy for bruises found in Lmt 10 Curse dunderheaded rene12 A vulgar Amencan woman at 14 Old lady steps young 15 SenKX entered cathe22 Local regulation we ably re--23 Fare repulsive woman of- |Hl— JMI——.MM_ 24 Service in many a ship
      240 words
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  • BizIT
    • Article, Illustration
      Lock icon Asia Netcom expects strong future in IP-VPN
      782 16  -  It sees its US$2 billion cable network giving it an advantage over other telcos By 1 Daniel Buenas Network services provider Asia Netcom which took over bankrupt Asia Global Crossing Ltd has launched itself into the telecoms services fray and expects its Internet
      782 words
    • Article, Illustration
      Lock icon 'Fudded' by Oracle's hostile bid
      870 16  -  Ili comment INFOTECH The cloud of fear, uncertainty and doubt has fallen on People Soft and J D Edwards jennifer lien IT'S been awfully quiet around Silicon Valley in recent months. In fact, since the controversial merger between Hewlett-Packard and Compaq Computer wrapped up just
      870 words
  • Page 16 Advertisements
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      Lock icon Page 16 Advertisements Column 1
      953 16 In the Matter of The Companies Act, In the Matter of The Companies Act, In the Matter of The Companies Act, In the Matter of The Companies Act, In the Matter of The Companies Act, Cap. 50 Cap. 50 Cap. 50 Cap. 50 Cap. 50 and and and and and
      953 words
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      Lock icon Page 16 Advertisements Column 2
      32 16 Heart to Harp Catch them as they wow the crowd at the Discovery Pub. It's Happy Hours from 3 to Bpm weekdays and all day weekends when it's 20% off house pours.
      32 words
    • Advertisement
      Lock icon Page 16 Advertisements Column 3
      55 16 [~l M E RITUS MANDARIN SINGAPORE BUFFET DINING AT GREAT HEIGHTS Enjoy Award-winning Triple 3 buffet for lunch or dinner, topped off with a 100 sensational view l Offfif Set menu and a-la-caite also available Reservations: 6831 6258/B8 Meet MERITUS MANDARIN 333 Orchard Road, Singapore 2 ***** Tel: +65 6737
      55 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      272 17 Reuters The Baltic Dry Index rose 3 points to 2149. The Baltic Capesize Index fell 9 points to 2942. Baltic Panamax Index rose 17 points to 2054. Baltic Handymax Index rose 15 points to *****. TIME-CHARTER: KWK Exemplar NSS relet (built 2001) *****0 dwt 14.50n55ndas delivery Kaohsiung 7/10
      Reuters  -  272 words
    • Article
      Lock icon MARITIME STOCKS
      277 17 SCX '000 st w CWT Distribution 0.62 -0.02 S3 Chuan Hup 0.41 0.01 1941 CH Offshore 0.21 unch 804 Cosco Investment _..0.26 unch 435 Freight Links 0.06 0.01 678 GB Holdings 0.69 0.02 99 Jaya Holdings 0.34 unch 1022 KeppelCorp 4.80 0.06 2872 K1 Venture 0.20 -0.01 3050
      277 words
    • Article, Illustration
      Lock icon Star Cruises unit may seek to move lawsuits to the Philippines
      633 17  -  This wonld reduce potential damages to fraction of what they wonld be in US By. Donald Urquhart [SINGAPORE] Facing tens of millions of dollars in potential damages from at least 14 lawsuits filed on behalf of Filipino seamen killed
      REUTERS  -  633 words
    • Article, Illustration
      Lock icon Masked warriors
      58 17 [FUZHOU, China] Chinese health workers ensuring their protective clothings are properly worn before boarding a ship that is due to leave a port in Fuzhou, Fujian, southeastern China on Monday. China has promised to keep up strict health screening at its ports of exit to ensure that Sars
      AFP  -  58 words
    • Article
      Lock icon PSA's top Belgian adviser relocates
      292 17  -  Jan Pellens joins Antwerp Port Federation full time Ihf 1 Beth Jinks ISINGAPOREj PSA Corporation's top Belgian adviser at its European subsidiary Hesse Noord Natie (HNN) has taken on a full-time role at the Antwerp Port Federation (AGHA). A highly regarded shipping industry veteran, Jan
      292 words
    • Article
      Lock icon Grounded APL Emerald re-floated
      203 17  -  Beth Jinks [SINGAPORE] Grounded Singapore-flagged container ship APL Emerald was successfully re-floated in a first attempt at high tide yesterday, freeing the vessel from a reef just I.3km south of the Horsburgh Lighthouse where it has been stuck for seven days. Salvors Smit International told The
      203 words
    • Article, Illustration
      Lock icon Container lines face margin squeeze in EU
      336 17 EC threatening to remove antitrust exemption that allows liner conferences Bloomberg [BRUSSELS] Some of the world's top container shipping lines like P&O NedUoyd. Maersk Sealand, Hap-ag-Lloyd and others may face pressure on margins as the European Commission threatens to scrap rules that allow
      Bloomberg  -  336 words
    • CRUISING opportunities
      • Article, Illustration
        Lock icon Norwegian Cruise Lines to operate 'all-US' service
        984 18 It plans to sail a US fleet directly between the country's ports, getting around a century-old law AP [NEW YORK] WITH rare exceptions, every big cruise liner leaving a US port for the past half-century has had to accomplish a specific legal task
        AP; BLOOMBERG  -  984 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      113 18 PAGE BSA 4 B'tang Mas 6 CMA CGM 3 COSCO 3 Columbus 5 China Shpg 5 CWT Globelink 4 Delmas 4 Dongnama 3 ECL 3 Far Shpg 5 Foong Sun 5 Fujitrans 2 Gemartrans 4 Hangli 4 Hyundai 4 Heung-A 3 IRISL 5 Kapal Kris 4 Kien
      113 words
    • Article
      Lock icon SHIPPING GUIDE
      9031 22 THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number NumOer SIN Dest'n Name Name Number Number 12/07 20/07 IRISL IINOAVIA PCL 3W 65-*****M4 To ABIDJAN (ABJ) 2003 Cot. DMvojre W 21/07 Hyunda, mm hyfuture m»w 30/04 23/07 Del
      9,031 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        788 23 Vessel Voy Wo Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL ASIA BRIDGE 66 J5/6 A/SIDE 18/06 2300 E LINK 3 2303 J4 A/SIDE 18/06 1000 OLYMPIC CHAM 2 J12 A/SIDE 18/06 2300 SHINYOCHALL 001N J8 A/SIDE 18/06 2000 WINSTAR 7 50S03 J2 A/SIDE 18/06 0630 ZIM ITALIA 45W J17/18
        788 words
      • Article
        Lock icon CONTAINER SCHEDULES
        2015 23 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vessel Out In Bth Berthing Un- Berth Name Voy Voy seq berthing Nmbr ACX SAKURA 018N 018N J 21 15JM 22/06/2003-0300 AL FARAHIDI C247W 1 21/06/2003 1500 22/06/2003-03 00 AL MUTANABBI C239E C239f J_ *****003-1200 *****003 21 00 ALAMJAYA 2 8850 8850 1_
        2,015 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        135 23 Jan 19 Brazil: Corpus Christ Day. Jan 24 Philippines: Manila Day. Jul 1 China: Communist Party. Hongkong: SAR Estab Day. Thailand: Bank Holiday. Jul 14 France: National Day. U Kingdom: Orangmen's Day. Jul 15 Brunei: Sultan Birthday. Thailand: Buddhist Lent Day. Jul 17 S Korea: Cons Day. Jul
        135 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        820 23 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranges in L'S dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem Market movements are indicated The Cockett Bunker Price Index change and the individual
        820 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        525 23 Carton 180 Mai 992.2 0.4 15.7 0.07 45 0.02 jun 12 Density Water Residue AshAlumlnium Sediment No above E25 3 0 4 0 1 380 Ave 965.6 02 14.4 0.04 21 0.02 C>7m 380 Mai 995.0 0.6 17.6 0.09 74 0.09 m/W3 »V/V »«/M »M/M —1»*
        525 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon Boeing, European firms aim for better air traffic control
        366 24 PARIS AXR SHOW They sign pact to posh for common standards AFP [LE BOURGET, France] Three leading European companies and aircraft manufacturer Boeing announced on Tuesday that they are teaming up in a bid to improve global air traffic control and
        AFP; AP  -  366 words
      • Article
        Lock icon So long Concorde, hello corporate jets?
        478 24 Airlines looking at time-saving alternatives for business travellers Reuters [LE BOURGET, France] Already missing the Concorde? A speedy replacement may soon be coming to an airport near you. Aircraft manufacturers say a number of leading airlines are looking at introducing trans-Atlantic corporate jet services
        Reuters  -  478 words
      • Article, Illustration
        Lock icon United to offer e-mail service on North American flights
        334 24 AP [LE BOURGET, France] United Airlines said on Tuesday that it will use a system developed by Tenzing Communications for an e-mail service it is planning to install in its North American fleet. The service will be available on more than
        AP; AFP  -  334 words
      • Article
        Lock icon Southwest adding wingtips to Boeing 737-700s
        177 24 Bloomberg [DALLAS] Southwest Airlines Co will add curved wingtips to its current and future Boeing Co 737-700 airplanes to reduce fuel use and increase their range. The winglets will be installed on Southwest's 133 737-700s beginning in October, with completion within two years. They
        Bloomberg  -  177 words
      • Article
        Lock icon Qantas raises US$450m in US debt market
        286 24 Net proceeds from offering to help refinance maturing debt Reuters [SYDNEY] Australia's dominant airline Qantas Airways Ltd, which is planning to buy a stake in regional rival Air New Zealand, said yesterday that it raised US$45O million through a US debt deal. The
        Reuters  -  286 words
      • Article
        Lock icon Korean Air to buy 5 Airbus jets
        384 24 Bloomberg (PARIS) Airbus SAS won a commitment from Korean Air Co to buy five A3BO super jumbos, which have a list price of about US$l.3 billion, bringing the tally of firm orders and commitments for the plane to about 129 aircraft. The airline
        Bloomberg  -  384 words
      • LOG Book
        • Article
          Lock icon Air Canada to follow pilot list ruling
          126 24 Reuters [MONTREAL] Air Canada said on Tuesday it will implement a divisive labour board ruling on pilots' seniority lists even though the change may anger a group of pilots whose approval the insolvent airline needs to implement key cost cuts. The Canadian Labor
          Reuters  -  126 words
        • Article
          Lock icon Rolls-Royce signs deals with Qantas
          38 24 Reuters [LONDON] British engine maker Rolls-Royce yesterday said it had signed a series of long-term engine support agreements with Australian airline Qantas. The agreements cover 113 RB2II-524 engines and 28 8R715 engines. Reuters
          Reuters  -  38 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        2053 24 an FLIGHT ETA FLICH7 HO LH778 1555 S***** 2305 Matatfa 1*7381 W40 8*7382 2215 "2J 0F81 1840 Of82 2215 *****7 1555 5026 2350 AA7306 1805 kmttrtm *L837 M55 6*974 0130 Off, tafu «1.838 2255 $024 2344 r <M< $0989 1540 Mkaat SO347 0555 HF853 1625 *854
        2,053 words
  • Page 17 Advertisements
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  • Page 18 Advertisements
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      Lock icon Page 18 Advertisements Column 1
      664 18 IMPORT NORTH AMERICA |[~l| AUSTRALIA/NEW ZEALAND SUPER SHUTTLE EXPRESS (SSX) 1 AUSTRALIA ASIA EXPRESS (AAX) rosa *21 5!!! g vtssn vot we syp wti am m sw m 00(1 a 62W22 04/06 22/06 24/0* API IVORY 60N 04/06 10/06 12/04 14/04 11/04 2J/04 24/04 Ptt) MIDUOTO STUYVESANT 16W23 11/04 29/06
      664 words
    • Advertisement
      Lock icon Page 18 Advertisements Column 2
      490 18 Lines services represented by /fANtobm oH» Sv*y of f *V ItglJ Accredited Skw*g Agents, "jjf xotmJz Singapore Shipping Association ssoci on g LILY UNE MALE ArtSSil VOY ETA ETA ETA A ft KLAHG SPOKE MAli Princess Lily 0603 25/06 27/06 05/07 Maid Star 540 A 03/07 05/07 U/07 Empress Lily
      490 words
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  • Page 19 Advertisements
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      Lock icon Page 19 Advertisements Column 1
      1223 19 TO USA (SAX SERVICE) VESSEL I VOY SIN ETA LAX OAK DM HOU CHI COt MEM All NYC API CANADA 1141 25/06 10/07 14/07 15/07 15/07 15/07 IS/07 15/07 11/07 11/07 API SCOTLAND 11K 02/07 17/07 21/07 22/07 22/07 22/07 22/07 22/07 25/07 25/07 API BELGIUM 1161 09/07 24/07 28/07
      1,223 words
    • Advertisement
      Lock icon Page 19 Advertisements Column 2
      2501 19 "HNtANOWSiRVKE FROM SINGAPORE 10 BUCK SU VU MKT SAID" ODESSA (MUtAKK) 19 DAYS GIHIUU AGOTTS M SMGATOtE: 10 tOOMSON 10 #12-00 SAIES/MGS TU: *****057/41 NUL *****121/24 I S COSTAR SHIFPINfi FTI LTD umatomomm outwaio <o/u mhmoi uiisns/rs I CONSTAIITZA (ROMANIA) 23 DAYS aKMiwwoo&l MiUmmmm INWA»D{D/o». MTOS JU> A7IISW/41 I T/SH»D»
      2,501 words
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  • Page 20 Advertisements
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      Lock icon Page 20 Advertisements Column 1
      1086 20 HMNE= HYUNDAI MERCHANT MARINE CO., LTD. wwwJ— aiIftIMWWIMW IviSSfl VOT r sw' I SOU I ia 1 IM I MIT 1 HO> I TV I [VESSEL VOT I SOU I UN I RTM I ANT I HAM IMK TB** API DENMARK ioTW Ttyoi 07/07 09/07 11/07 OOL PROMISE 000E 30/05
      1,086 words
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      Lock icon Page 20 Advertisements Column 2
      523 20 WX WAN HAI LINES Y TIL *****588 FAX: *****163 INTRODUCING:- NEW WEEKLY EXPRESS SERVICE TO: HODEIDAH PORT SUDAN CALLING SIN EVERY THURSDAY TWICE WEEKLY EXPRESS SERVICE TO: JEDDAH CALLING SIN EVERY TUESDAY THURSDAY* For mora details, call HOTLINE: *****588/1800-*****00 Mag vtssa vot sm m m ia MM* mtp ASIA EXPRESS
      523 words
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      Lock icon Page 20 Advertisements Column 3
      727 20 BSA x MYANMA FIVE STAR LINE (Myoanor Noti M «l Um) Loading for Yhjh vtssa vot sin pu pen pgu PAGAN 306 W SIB HPA-AN 307W $10 IN MAUTSIA: IOUSTEAD SHIPPING AGENCIES KUL 03-*****300 PKL 03-*****101 PEN: 04-*****02 BANK LINE (A wwto >< W«ir I NOKTHBOUNP TO IUKOPi V CONTAMBt,
      727 words
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  • Page 21 Advertisements
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      Lock icon Page 21 Advertisements Column 1
      2737 21 1 R51 UK CONTINENT SERVICE Loading tor GULSER ANA RDM/ATW/BMN/UK/NAN EVANGELISTRIA RDM/ATW/BMN/UK/NAN Loads Singapore. EVW Malaysia Indonesia MIDDLE-EAST SERVICE Loading for MARILIS T DBl/ABU/DOH/BRN/DMM/KWT J SAFE DBl/ABU/DOH/BRN/DMM/KWT LOK MAHESHWARI JDH/AQA "Loads Smgapore, EVW. Malaysia Indonesia USA SERVICE Loading for SEA BEE CAM/NFK/SAV/NOL QUI GONG JINN CAM/NFK/SAV/NOL "Loads EVW. Malaysia Indonesia
      2,737 words
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  • Page 23 Miscellaneous
    • Miscellaneous
      Lock icon Page 23 Miscellaneous Column 1
      120 23 REGIONAL 5 FOR 7AM 19 Jun 2003 e Issued by Meteorological Service Division,NEA LEGEND: Thunderstorm Wind speed symbols Showers Fu circle w/o line indicates calm or light and variable winds R a j n One half fleche represents 5 knots Cloudy Day One full fleche represents 10 knots Hazy A
      120 words
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