The Business Times, 21 June 2000

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Total Pages: 44
1 44 The Business Times
  • 15 1 THE BUSINESS TIMES \M»TA(P) (XJS/12/1999 Jse SINGAPORE Internet http: business-times.asial .com.sg WEDNESDAY. JUNE 21, 2000
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  • 71 1 sn MMJB{+l3.9O) wmwt-m U 7VOJ6 (+0.12) W% smsci futures U ML3O (+0.40) STOCK BASKET INDICES Tuesday Change KLSECOMP SttO -0J7 NIKKEI *****56 +31*2 HANG SENG 1UW74 -180.73 SET INDEX m.77 4M JAKARTA COMP —.490.11 -0i7 MANILA COUP 1*0.4 -012 TAIPEI WPI 8.S90.M -00.44 SEOUL COMP 788J2 +»M OSA
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  • 75 1 FOSEX BATES u» ss USS 1.7S8 £(US$/SSptr£) LS14 2.625 EURO(US$/S$/E) (lMI LMC DM IMC <L»2 TEM 10U 1643 RM U» 0.464 HKS 7.7* 0222 BAHT *9.18 1044 RUPIAH 8*40 %JBM' St to IMunia 'Stmmtrnh PUKE BATES SINGAPORE* 5.80 KUALA LUMPUR 7.«7 JAKARTA ».00 BANGKOK ISO MANILA 11.00 HONGKONG 8.50
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  • 688 1  -  Purchase of GPU Power Net is its biggest acquisition to date By' Teh Hooi Ling [SINGAPORE] Singapore Power (SP) has pipped Britain's National Grid and Li Ka-shing's Hong Kong Electric with a winning AJ2.I billion (552.2 billion) bid to acquire GPU Power Net, a
    688 words
  • 481 1  -  Observers puzzled as did not involve any prized Malaysian assets From] Eddie Toh in Kuala Lumpur MALAYSIA has scuttled another investment from Singapore Yeo Hiap Seng's attempt to shift its soft-drinks manufacturing operations to Malaysia but analysts are divided on
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  • 376 1  -  BID FOR DfDOM PORT Hutchison says report that it has won is speculation Byi George Joseph [SINGAPORE] The Neptune Orient Line Group said yesterday that it was still in the running for a 49 per cent stake in an Indonesian container port
    376 words
  • 546 1  -  By* Anna Teo [SINGAPORE] Baby boomers call the shots in Singapore. According to a government study, the generation born between the late 1940s and early 1960s has left a mark on Singapore society at each stage of their life, and will remain a force to
    DARIO H NOCHE/ST  -  546 words
  • Page 1 Advertisements
    • 180 1 nrsiPE Money Msttsn US$ could top out against regionals. Pg2B Top stories 15.6% jump in Singapore's May nonoil exports exceeds the best forecasts. Nirt Pmgm V'rvendi-Seagram deal fixed at USs34b. J* IS Arts Fost The Companhia De Danca Kn Uecxxan hw. Cofesrjust HK takes your breetfiawayc I 8 *****1 *****4
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  • NEXT page
    • ON THE grapevine
      • 74 2 PEST controllers from around the world are to meet here today at the start of their Second International Pest Control Convention and Exhibition, and bits of their programme sound militant. One of the speakers is named Dr Ram bo, while another will talk about "guerilla marketing".
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      • 80 2 STILL on the subject of pest controllers one of their speakers is an expert on the housefly and he'll be sharing his knowledge on establishing that the housefly is an insect. He will talk about human misery in relation to the tribulation of the
        80 words
      • 113 2 BT—not The Busi/iess Times but British Telecom has come under fire for a proposed three-tier share option scheme which could give senior executives eight times their annual salary. Manifest, a proxy voting group, said the scheme is "somewhat excessive" and "BT has to remember that this
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    • 377 2  -  Market moiling effect of aborted merger on broking sector's opening np By] David Boey [SINGAPORE! Shares of listed broking houses Vickers Ballas and GK Goh edged sideways yesterday as market watchers pondered the effect that the still-born merger could have on the restructuring of
      Source: Bloomberg  -  377 words
    • 636 2  -  But economists warn of slowdown in US orders later in year By Anna Teo [SINGAPORE] A dramatic bounce was expected, but still, the 15.6 per cent jump in Singapore's May non-oil exports exceeded the best forecasts. The robust performance on the
      Source  -  636 words
    • 348 2  -  OctttnfPwMMl Corinne Kerk Wlmm Llm Jul Khiang, chairman and chief executive officer, Adroit Innovations A#M43 Claim to tuM In 1998, Mr Lim left a successful 11year career at IBM to start Adroit with a former colleague there, Joey Chang. The company the first e-commerce Web site
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  • Page 2 Advertisements
    • 498 2 KPMGSeminarSeries Course on U.S. GAAP Grand Copthome Singapore, Grand Ballroom 11, Laval 4 Workshop 1 An introduction to U.S. GAAR contingencies, restructuring cost, impairment, and extraordinary items Monday, 10 July2ooo,9.ooam to 5.15pm Workshop 2 Marketable equity ft debt securities and leases Tuesday, 11 July2ooo,9.ooam to 5.15pm Workshop 3 Employee stock
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  • Page 3 Advertisements
    • 245 3 j^Sti I ■F n ij^ i JKjf ogjp*gli _Jpp >/3CP/ JH^H^ 1 m ymUT. N^Bxf^^^^H^Hfll^KL*dß^B^^^H^^^B •Ti.'.'iCnV Issued by Morgan Sunlry Co International Limned, regulated by the Securities and Futures Authority Limited Morgan Stanley DeanWtter is a semce mart o( Morgan Stanley Dan Winer &Co Your best decisions depend on being
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  • SINGAPORE companies
    • 567 4  -  Overhaul of the mall will cost mere than a hundred millien dollars, say sources By1 Kalpana Rashiwala THE owners of the Marina Square mall are mulling over a major revamp of the 13-year-old mall. The exercise, involving an exterior
      FILE PHOTO  -  567 words
    • COMPANY Briefs
      • 32 4 h*f tundfaig in jt| shares to be suspended today pending an announcement In the stock market yesterday, its shares rose 8 cents to $1.56 on a volume 0f606,000 shares.
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      • 78 4 AFX-Asia NATSTEIL Electronics Ltd said its wholly-owned unit NEL (US) Holdings Inc has formed a joint venture company called US Robotics Corp with 3Com Corp and Aocton Network (BVI) Co. Nat Steel Electronics said it and Accton will hold a 40.68 per cent
        AFX-Asia  -  78 words
      • 112 4 AP SEMICONDUCTOR company SingaTrust will launch its initial public offering cm June 26, the company said yesterday. While SingaTrust did not reveal the price or number ofSharestobeoffared.it said it wants to raise net proceeds of|6o million. The proceeds will be used for international expansion,
        AP  -  112 words
      • 139 4 Ratters CONSTRUCTION firm Hong Lai Huat Group said its r initial public offering was Lgtimes oversubscribed. The company was offering 4.7 million new shares at 28 cents each for a listing on the main board. The offer comprises 9.4 million shares for public
        Ratters  -  139 words
      • 152 4 Reuters SINGAPORE Airlines said it would hold an extraordinary general meeting cm July 15 to seek shareholders' approval to continue buying back its shares. The national carrier told shareholders in a circular it was seeking to renew its 1998 share buyback scheme due
        Reuters  -  152 words
      • 90 4 AFX-Asia [MANILA] Globe Telecom said its shareholders have approved the issue of 20.4 million common shares in one or more offerings. The common share issuance, approved at an extraordinary general meeting yesterday, will increase the public's stake in the company to 80 per cent
        AFX-Asia  -  90 words
    • 244 4 Venture will develop 600-ha township in Philippines KEPPEL Land Ltd said yesterday it will form a joint venture with Araneta Properties Inc for a 600-hectare residential township project in Quezon City, Philippines. KepLand has entered into a long-term option agreement with Araneta to buy and
      244 words
    • 189 4 ASIAONE, .the Internet arm of Singapore Press Holdings (SPH), yesterday announced that it will enhance its Wireless Application Protocol (WAP) services for mobile phone users subscribing to MobUeOne's Mi World service. CEO of Asia One Low Huan Ping said: "We are expanding our content services
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    • 213 4 It will pay USs4.42m for 7.7% stake, joining JP Morgan, GIC unit in venture Reuters [TOKYO] Daiwa Securities SB Capital Markets has decided to take a stake in an Asian fixed-income Web site, asiabondportai.com, along with two international banks and a unit
      Reuters  -  213 words
    • 725 4  -  PWT lock siew eddie toh THE Malaysian securities watchdog has been all bark and no bite lately. Earlier last week, the Securities Commission (SC) surprised the investment community when it succumbed to demanding brokers and relaxed terms for the consolidation of the
      725 words
    • 596 5 Analysts urge them to focus on perfecting their business models Reuters TECHNOLOGY firms which delay listings because of weak market sentiment should focus on perfecting their business models and making realistic valuations of themselves, analysts said yesterday. "The bottom line in
      Reuters; FILE PHOTO  -  596 words
    • 373 5  -  $7m purchase is part of strategic plan to embrace business in the New Economy By. Andrea Tan LIANG Huat Aluminium Ltd said yesterday it will acquire an initial 10 per cent stake in China Weal Business Machinery Co for $6.9 million
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    • 461 7  -  Up to 60m TDR or 27% of existing shares to be listed; move expected to boost liquidity Byi Andrew Wee ACOUSTIC products maker Eastern Asia Technology (East Tech) yesterday said by Q3 this year, it plans to list about 27 per cent of its
      CHRIS LOH  -  461 words
    • 177 7 GOODPACK System Pte Ltd, a logistics provider, said yesterday it has received approval for a mainboard listing on the Singapore Exchange. Set up in 1990, Goodpack specialises in handling semi-bulk cargoes and has a patented Intermediate Bulk Container (IBC), designed to cater to
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    • 169 7 AFX-Asia [SINGAPORE] Brierley Investments Ltd said it anH Rothschild Inc have agreed to discontinue the proposed joint venture between Rothschild's Asia Recovery Fund and Brierley because of the departure of Wilbur Ross as executive managing director of Rothschild and chairman of the fund. "The departure
      AFX-Asia  -  169 words

  • Page 5 Advertisements
    • 217 5 Like everything in life, successful investing requires balance. A portfolio that is too tools to design a portfolio that is tailored to your needs. Your personalised portfolio conservative may prevent you achieving your financial objectives. While an is invested with some of the best fund managers in the world. It
      217 words

  • SINGAPORE markets
    • 411 6 Stocks Vokans AdcfcafTsch 2.5c 39,019,000 Acta* 10C 23,595,000 Ttak5c 1. 20,023,000 OeeiaWMOc 13,706,000 Eastern Asia 9,531,000 GMG Global 5c 7.933,000 NOL 6,331,000 AltOceanSc 6297,000 Links taknd 10c 6,037,000 Nngbowf US1 Oc 5287,000 mam i Chart Semiconductor 26c.—.......... 66,306,836 D68Qrp.. 33,482,460 PacffcCentury 26,144,900 0C8C 20,564,200 SPH 19,493,600 (JOB 18.673.432 AdtotlOo 17,278,750
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    • 548 6  -  J I comment STOCKS ven sreenivasan A LATE 8 urge by Creative Technology and City Developments during the final hour of trading yesterday helped the Singapore benchmark index rebound from negative territory for the day and snap a three-day losing streak. Volatility
      548 words
    • 179 6  -  WARRANT WATCH By Ven Sreenivasan THE warrant of tyre maker New Toyo was among the top percentage gainers yesterday. The instrument gained 3.5 cents or some 23 per cent to close at 18.5 cents. However volume was relatively light, with just
      179 words
    • 242 6  -  HOT STOCK By Wong Wei Kong SHARES of acoustic products maker Eastern Asia Technology (East Tech) rose sharply yesterday, with the stock finishing among the session's most active issues. East Tech shares closed up 16 cents or 16 per cent at the day's high of
      242 words
    • 134 6 ♦THE Directors of Falmac Ltd announced that it has on June 15 completed the acquisition of the business and assets of Camber International Ltd, a toeing tax o f ♦FRASER and Neavt announced its successful acquisition of Times Publishing Ltd. At the close of the General Offer on
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  • Page 6 Advertisements
    • 266 6 $40 000 Tr Vr/ course The Henley Management College, together with British Telecom and The Business Times, is offering one BT reader a place on the Henley Executive Development Programme. The 540.000 three-week residential course at the UK college runs from Sept 11 to 29. The programme aims to eguip
      266 words
    • 101 6 YOU CAN NOW PUT YOUR CPF SAVINCS IN EIGHT. important All applications for units in eight must be made on the application forms accompanying the prospectus Investors must read the prospectus The value of the units and the income from them may fall as .veil as nse »X<| >r.s >
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  • Page 7 Advertisements
    • 136 7 77ms announcement appears as a matter of record only June 2000 Hong Lai Huat Group Limited (Incorporated in the Republic of Singapore on 4 September 1999) INVITATION IN RESPECT OF 47,000,000 NEW SHARES OF $0.05 EACH COMPRISING:(I) 9,400,000 OFFER SHARES AT $0.28 FOR EACH OFFER SHARE BY WAY OF PUBLIC
      136 words
    • 724 7 Hong Lai Huat Group Limited (Incorporated in the Republic of Singapore on 4 September 1999) INVITATION IN RESPECT OF 47,000,000 NEW SHARES OF $0.05 EACH COMPRISING:(I) 9,400,000 OFFER SHARES AT $0.28 FOR EACH OFFER SHARE BY WAY OF PUBLIC OFFER; AND (II) 37,600,000 PLACEMENT SHARES BY WAY OF PLACEMENT, COMPRISING:(A)
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  • SINGAPORE news
    • 511 8  -  Work on contracts in Jnrong Island, Tnas View will start at the end of the month By Marissa Chew TO meet future expansion by the petrochemical sector and other industrialists, the Singapore government has embarked on a $5.14 billion project to
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    • 546 8 Republic may be a victim of its own success AFP SINGAPORE may be a victim of its own success, a US report charged yesterday, saying the city-state was pursuing a path of "creative destruction" with questionable policies for a knowledgebased economy. Although
      AFP  -  546 words
    • 370 8  -  By] Ling Su Ann LIFE insurance companies in Singapore can look forward to modest premium growth this year, while general insurers should brace themselves for a flat or even shrinking market. "It is a tough time for the non-life (general) insurers," said
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    • 412 8  -  Operations in HK, M'sia also picked up; BSMG beefing np presence in Asia By. Eugene Low SCOTCHBROOK Communications has been acquired by BSMG Worldwide, one of the largest public relations firms in the US. Managing partner Alan Lee and senior partner Ong Choon Hwa, who
      CHRIS LOH  -  412 words
    • 391 8  -  Tang Weng Fai UNITED Airlines yesterday launched a local Web service promising a hasslefree travel search and booking experience for local and regional users. Targeted at customers from Singapore and as far away as Sri Lanka, the service allows customers to book
      391 words
    • 167 8 THE Land Transport Authority (LTA) yesterday announced changes to the electronic road pricing (ERP) rates after its latest quarterly review of traffic conditions. It has raised rates at the East Coast Parkway (ECP) by 50 cents between 8.30 am
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  • Page 8 Advertisements
    • 10 8 BDAY©fc-M«. infte Zaobao come out in ill toe yet again
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    • 50 8 A million dollars on wheels -T TW J Ik This is the new S-Class Pullman limo from Mercedes-Benz a seven-seater stretch version of the S-class 600 The cars each costing S1 million will arrive V^«——■ lib_. r A ■■■■IHBMiHW' holding a special preview of the car I on July 7.
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  • MAIL bag
    • 401 9  -  Lim Chin Siew FOR readers who have been reading Lee Han Shih's regular columns, there is little doubt where his sentiments (rather than his sensibilities) lie. He has been and continues to be persistently bearish about Singapore property. His opinion, even after
      401 words
    • 296 9  -  Lim Teck Hock I FIND it incredible that our national carrier NOL could sign up to berth one of its services at Tanjong Pelapas. Here is a port set up by a government that has openly declared that it intends to compete with and
      FILE PHOTO  -  296 words
    • 293 9  -  Tan Kin Lian Chief Executive Officer NTUC Income I REFER to the article "Of Volkswagen and motor Insurers" (BT, June 15) by Christopher Tan. NTUC Income is constantly looking into ways to reduce our claims cost and expenses, and to provide lower premiums
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    • 777 9  -  Seow Nee Shek President General Insurance Association of Singapore WE would like to correct some points raised by your reporter in his article, "Of Volkswagen and motor insurers" (BT, June 15). First and foremost, we would like to state that the motor
      777 words
  • Page 9 Advertisements
    • 96 9 We welcome letter*. E-mail us at btfetterQ3ph.com.sg or fax us at *****71, or write to: The Business Times, Times House, 390 Kim Seng Road, Singapore *****6. We need your futi name, address and telephone number, 90 we can verify It came from you Please use temperate language, and bear in
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    • 215 9 > u u *iu Jilt i ~7~ i ONLY ONE NEED DO TO CUSTOMER M BECOME A CUSTOMER. V HU^H 1 V Think how you'd like to be treated next time you deal a whoever H however you them, by email, 'fax they had the same information about you at
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  • eNews
    • 412 10 HONGKONG Restructuring said to be a prudent response to change in market conditions Bloomberg THE South China Morning Post said that it fired almost a fifth of its employees at its Internet unit and cut two proposed Web sites, stepping back from
      Bloomberg  -  412 words
    • 541 10 NEW YORK Bloomberg AT&T Corp agreed to buy mo-bile-telephone systems in San Francisco, San Diego and Houston for US$3.3 billion (555.7 billion) in cash to cut calling costs and to better compete with other national operators such as Verizon
      Bloomberg  -  541 words
    • 645 10 New software worm goes by name 'lifetstages' and preys on users of Microsoft Internet Explorer browser software Reuters [NEW YORK] A new virus swept around the globe on Monday, infecting personal computers in Asia, Europe and the Americas, but lessons
      Reuters; AP  -  645 words
    • 429 10 HONGKONG Reuters CHINESE-LANGUAGE broadcaster Phoenix Satellite Television Holdings Ltd has confirmed plans to raise up to HKJ93B million (*****.5 million) in an initial public offering to fund development of new channels, programmes and production facilities. The Hongkong-based company, backed by Star TV,
      Reuters  -  429 words
    • 341 10 TOKYO Reuters NTT DoCoMo, Japan's dominant wireless carrier, made Internet access a standard feature on all its new cellular phones sold from yesterday, adding fuel to one of the fastest growing online markets in the world. Analysts said the move
      Reuters; FILE PHOTO  -  341 words
    • e Briefs
      • 114 10 AFP [UNITED NATIONS] A panel of independent experts set up by the United Nations called on Monday for the establishment of a US$5OO million (***** million) fund to enable the entire world to have Internet access by 2004. In a report to
        AFP  -  114 words
      • 129 10 Reuters [SAN FRANCISCO] E-commerce companies Commerce One Inc and AppNet Inc said on Monday they were in merger talks, but they denied a report that surfaced earlier in the day that a deal had been signed. Commerce One, a Walnut Creek, California company that
        Reuters  -  129 words
      • 91 10 Bloomberg [SYDNEY] Austar United Communications Ltd, Australia's No 2 pay TV operator, has agreed to make a A 524.4 million (5525.6 million) cash bid for all the shares in eisa Ltd to expand its Internet business. Sydney-baaed Austar, Australia's biggest rural pay-TV provider,
        Bloomberg  -  91 words
      • 80 10 Reuters [LONDON] British financial services watchdog Howard Da vies highlighted the risks facing the UK banking industry from new online ventures. Mr Davies, chairman of the Financial Services Authority, warned that banks' senior managers needed to keep a firm grip on Internet plans and their
        Reuters  -  80 words
      • 75 10 AFP [TOKYO] Japan's Hitachi Ltd and US computer maker IBM Corp said yesterday they had agreed to cooperate in strengthening the development and manufacture of information technology systems. The strategic partnership would reinforce existing ties between the major electronics maker and IBM, a Joint
        AFP  -  75 words
      • 75 10 Bloomberg [DENVER] US West Inc. which is merging with Qwest Communications International Inc. will sell its Cast Internet service in 90 additional markets and introduce a Web site designed to take advantage of the speedy links. The company's Megaßit service provides digital
        Bloomberg  -  75 words
    • 1789 11  -  FAST Indigoz is reinventing the customer intelligence game, spicing it up with New Economy features that promise to pay handsome dividends By Vikram Khanna fSINGAPOREI Suppose you run a company say, a restaurant and somebody comes along and offers to tell you every detail you
      CHRIS LOH  -  1,789 words

  • Page 11 Advertisements
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      102 words
    • 21 11 Locate its owner through Classification 821 (Found). Simply call C.A.T.S. at 1800-737-1166 for this free service, fa CATS. Another Classified Service
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    • 180 11 4 W,: Marvel at the 'green gems' ofi Hong Kong jm 69 IK PVBI B m B—rmtmmiHmmmimt************ dttem ecotosy. Cten )cvkt know thauox o) Hong Bwija mwr Imi am VmU: Cmmct has been &et aside for conservation, recreation and tourism tn 23 country Stngapcn international Convention and marine park*. Much
      180 words

  • EDITORIAL & opinion
    • 836 12  -  m f«IA bottom line OPINION tom piate The writer, a Los Angeles Times columnist, also teaches at the University of California, Los Angeles. E-mail Tplate@ucla.edu LAST month, a little-noted scene told a big story. In a then-secret meeting with Chinese President Jiang Zemin,
      836 words
    • 78 12 'I no longer want to set any records. Fm more interested in preserving my accumulated capital hi my old age, I have become more conservative.' GMfiSm who turns 70 in August. 'When the market tanked, there were quite a few Internet people with orders for jets.' -RtekariSaaUDi
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    • 688 12 EDITORIAL US President Bill Clinton is expected to decide later this year whether to give the green light to build the first piece of a national missile defence (NMD) system. If the plan goes ahead, it will not only undo the 1972 AntiBallistic Missile (ABM)
      688 words
    • 910 12  -  Analysts have no reason to be aghast at prospect of HK becoming another 'Chinese' dty By Chia Tae Chern The writer is an economics research analyst based in Singapore SINCE the handover of Hongkong to China in 1997, Hongkong has been
      FILE PHOTO  -  910 words
    • 865 12  -  COMMENTARY By] Mike Moore The writer is director-general Of the World Trade Organization FT IT IS hard to grasp how one could survive on less than US$l (511.72) a day. For most of us, a dollar Is the cost
      FT  -  865 words

  • MALAYSIA news
    • MARKET moves
      • 87 13 THE hoped-for technical rebound on the KL market did not happen yesterday, but at least the stark losses of the previous day's trading was not repeated. Index movers ended mixed. Maybank finished 20 sen lower at RM14.30; electricity company Tenaga shed 20 sen to
        87 words
      • 89 13 STOCKS of the Arab-Malaysian group were actively traded yesterday as worries about its merger with the Utama banking group led to some selling of the stock. The counter saw some 9.92 million units done for the day, closing 20 sen lower at RM13.50 after plumbing
        89 words
      • 152 13  -  Compiled by Diana Oon Abdullah THERE was some trading of counters with shares frozen on Clob yesterday, as the date for the staggered release of the stocks draws near, dealers said. Public Bank Foreign, MRCB, Magnum and 101 were among Clob shares that were on the top
        152 words
    • 128 13 KUALA LUMPUR Reuters MALAYSIA'S MBf Capital is evaluating all "possible means and ways" to return to the black this year, its chief executive officer Loy Teik Ngan was quoted yesterday as saying. The New Straits Times quoted Mr Loy as saying the company may sell or
      Reuters  -  128 words
    • 668 13 PEOPLE Reuters [KUALA LUMPUR] Sipping a Perrier, Francis Yeoh sits in a glass-walled bistro watching people fill up sidewalk cafes he has created along a busy shopping strip. "When I first thought of this place, I realised you needed a place where you
      Reuters; FILE PHOTO  -  668 words
    • 354 13 KUALA LUMPUR Sale of stakes in Shangri-La (M) and resort as developer sees turnaround Bloomberg LANDMARKS Bhd, a Malaysian property developer, said it will raise RM4OO million (*****.4 million) this year from the sale of a stake in Shangri-La Hotels (M) Bhd and
      Bloomberg  -  354 words
    • 256 13 KUALA LUMPUR Reuters AN influential Malaysian business group yesterday urged the government to stem corruption. Philip Dingle, president of the Malaysian International Chamber of Commerce and Industry (MICCI), told the body's annual luncheon that the perception of large- and small-scale corruption was hurting
      Reuters  -  256 words
    • 543 13 KUALA LUMPUR But easier roles will apply on a case by case basis MBT THE Securities Commission is expected to relax its ruling on the use of funds raised in initial public offers by companies listing on the Malaysian
      MBT  -  543 words
  • Page 13 Advertisements
    • 152 13 profitable avenues for new The Ideal Investment Business Window modernization and I to Europe the development of existing Mediterranean businesses. A seminar to know more about Italy with its interesting and innovative investment and business opportunities. Highlights of the seminar J 1 Presentations on some important industrial regions of Italy:
      152 words

  • SOUTH east asia
    • 568 14 JAKARTA Analysts see raising the funds as critical to plugging the budget deficit Bloomberg INDONESIA plans to raise 6.7 trillion rupiah (Ssl.3 billion) through the sale of eight state-run companies next year, a day after the government conceded it will not achieve
      Bloomberg  -  568 words
    • 188 14 JAKARTA Reuters FOREIGN investment approvals in Indonesia plunged to U*****.6 million (*****.9 million) for 96 projects in May from US$l.O6 billion in April, a government official said yesterday. "The figure for May is really down... it is because of non-economic factors," Investment Ministry
      Reuters  -  188 words
    • 395 14 Reuters AFP [JAKARTA] Indonesian investigators yesterday grilled central bank governor Sjahril Sabirin for the first time as a suspect in a simmering bank scandal. Mr Sabirin was asked 20 questions over nine hours at the Attorney-General's Office and allowed to leave
      Reuters; AFP  -  395 words
    • 171 14 JAKARTA Bloomberg KIA Motors Corp, a unit of South Korea's Hyundai Group, will restart construction on a stalled auto plant with Indonesia's PT Timor Putra Nasional provided the partner's debts are reorganised. The future of the venture, halted for almost three years, depends
      Bloomberg  -  171 words
  • Page 14 Advertisements
    • 38 14 Your new partner... In 2 days we will ■a new bank. i. r FORTIS BANK On 23 June, MeesPierson N.V. will become Fortis Bank. So|id partners> flexjb e solutions For more information, please visit our website at www.fortisbank.com
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  • Page 15 Advertisements
    • 39 15 I Softel V enabling M for carrier «n expertise \y iminw 'I'll I'M 1 I MHHH^^HHp J;.'' >^ s iM"^ i|l!C»y* ?:i .ft. ft* j&.r' I 1 L* J H k 1 f HPv 4 pwjTP^priji^*-^^^ Val I FAI [M
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  • EAST asia
    • 364 16 TAIPEI He calls for meeting similar to that of the two Koreas Reuters TAIWAN President Chen Shui-bian held out an olive branch to China yesterday,* inviting his Chinese counterpart Jiang Zemin to a summit along the lines of last week's historic meeting between
      Reuters  -  364 words
    • 181 16 HONGKONG Reuters AFP STATE-OWNED conglomerate China Resources (Holdings) Co Ltd said on Monday that it is restructuring its Hongkong-listed subsidiary, China Resources Enterprise Ltd, to prepare for competition when China enters the World Trade Organisation. China Resources chairman Gu Yongjiang said the group, with
      Reuters; AFP  -  181 words
    • 467 16 Demand from resident! 'always remains', he says AFP Bloomberg BILLIONAIRE tycoon Li Ka-shing has expressed optimism over Hongkong's slump-hit property market, saying that people should be more confident about its prospects, s press report here said yesterday. Mr Li, who heads property development
      AFP; Bloomberg  -  467 words
    • 413 16  -  Europeans poised to enter Chinese insor&nce market By Tay Hong Seng [SINGAPORE! After wooing the China market for more than a decade, European insurance companies are now poised to be among the first foreign businesses to benefit substantially from China's pending entry into
      413 words
  • Page 16 Advertisements
    • 177 16 IP Km A J MdMidif,' h wt® M X .tteSh }z*gW %-^l^wM I K W WM3»&i3ai. If JHad ->M4^\j Since its early Jays as a trading post in tke South Ckina Seas, Hong Kong has welcomed the arrival of visitors with style and flair. Today the tradition continues on the
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  • Page 17 Advertisements

  • WORLD news
    • 923 18 PARIS Vivendi will offer to buy 51% of Canal Pins that it does not own Reuters Bloomberg VIVENDI SA, seeking to create a European company to challenge US entertainment rivals, agreed to buy Seagram Co, owner of Universal Studios and Polygram records, for US$34 billion
      Reuters; Bloomberg  -  923 words
    • 358 18 VIENNA AFP Bloomberg OIL ministers from leading producing countries held preliminary talks yesterday to hammer out an agreement on how much crude oil to supply to cool an overheating market, but a consensus appeared elusive. Ministers from the Organisation of
      AFP; Bloomberg  -  358 words
    • WORLD Watch
      • 57 18 Reuters [NEW YORK] Goldman Sachs Group Inc yesterday reported a 21-per-cent rise in second-quarter profits, beating lowered expectations, as the investment bank's record profits from helping companies go public and advising them on mergers ofhet investment losses. Goldman earned US$755 million, or US$l.4B per diluted share,
        Reuters  -  57 words
      • 33 18 Bloomberg [CHICAGO] Sam Zell's Equity Office Properties Trust said shareholders approved its plan to buy Cornerstone Properties Inc for US$4.7 billion. Cornerstone's shareholders also gave their nod.—Bloomberg
        Bloomberg  -  33 words
      • 44 18 Reuters [WASHINGTON] The US on Monday eased economic sanctions against North Korea after almost 50 years. Trade of most goods Is now allowed, as is direct personal and commercial financial transactions. Investments, shiooing carso and commercial flights. —Reuters
        Reuters  -  44 words
      • 46 18 [LONDON] UK retail stockbrokers want the London Stock Exchange to delay a vote on its proposed merger with Deutsche Boerse AG. The LSE is expected to call an extraordinary general meeting for early September to vote on the merger.
        46 words
    • 566 18 Reuters Bloomberg THE US trade deficit narrowed in April to US$3O.4 billion (5552.7 billion), as imports fell for the first time since December 1998 and oil prices dipped from their 10-year highs, the Commerce Department said yesterday.
      Reuters; Bloomberg  -  566 words
    • 439 18 Bloomberg SOGO Co, a financially troubled department store operator, said it was in talks with Mitsukoshi Ltd and several other potential buyers for its flagship store in Osaka. "We're in the final stages of negotiations with several parties, Including Mitsukoshi, which is considering
      Bloomberg; SIEW TAW HOONG  -  439 words
    • 499 18 LONDON Reuters FRENCH advertising group Publicis announced yesterday an all-paper takeover of Britain's Saatchi Saatchi for 1.96 billion euros (553.26 billion) to create the world's fifth largest advertising company. Publicis said it was offering 1.64 new Publicis shares for every 100 Saatchi Saatchi
      Reuters  -  499 words
    • 426 18  -  Thanks to buoyant US economy and jewellery market From] Nell Behrmann in London ROUGH diamond sales of De Beers soared to a record U553.52 billion (S|6.l billion) In the first half of this year, 44 per cent higher than the corresponding
      426 words
    • 615 19 WASHINGTON It will consider freezing lower court order on company's business practices Reuters MICROSOFT won a small round in its battle against the Justice Department on Monday, when the US Court of Appeals agreed to consider freezing a lower court order that
      Reuters  -  615 words
    • 480 19 WASHINGTON Bloomberg PFIZER Inc's US$l2O billion (Ss2o7 billion) acquisition of Warner-Lambert Co to create the world's No 1 drugmaker received anti-trust approval from the US Federal Trade Commission. The FTC cleared the transaction after the companies agreed to divest drugs prescribed for
      Bloomberg  -  480 words
    • 433 19 TOKYO Fresh spending to fuel recovery will be considered: Mori Reuters THE government upgraded its assessment of the economy yesterday as the Bank of Japan (BOJ) said it was drawing closer to raising interest rates amid signs that a decade of recession was starting to
      Reuters; AP  -  433 words
  • Page 18 Advertisements

  • Page 19 Advertisements
    • 110 19 ■Mkgf JM K<' i ij^^w a 1 I -i w B. fc fb Hf M i bri bP C; £a9|H "fj it ,*iMW r'. -'«g .iiaH Any shape or size, on-time across Asia. Even if your next shipment doesn't quite fit into an In-tray, we'll still make sure it gets
      110 words

  • NBA final
    • 600 20  -  Tim Kawak&ml salutes the stars, the LA Lakers team that pull out a thrilling 116-111 come-from-behind victory over the Indiana Pacers Tim Kawakami LATWAP All they had to do was follow the stars, who burned bright, burned long, and burned to be champions. Two blazing stars, who
      LATWAP; Photos: AFP, REUTERS  -  600 words
  • Page 20 Advertisements
    • 207 20 ONE OF THESE SHOPS WILL LEAD YOU TO WlN'fiHßl I* X CARS PLUS $60,000 CASH! CALL 1900-914-0988 wnwi MMI I 1 EidHdes registration fe* road tax. imwance aid COE j I jH B[ 9 K Mk 12&® !s&£ ♦am 0 luf^rNt jiictihH J j v j m nHHHHHHH I f
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    • 231 20 T° advertise call toll tree 1,300 741 1883 1 1 JLwJEjO Fax No-741 1298 I The Straits Times CLASSIFIED Where buyers and sellers meet Find the right set of wheels. Buy h. Sd h. Find k. IN THE MATTER Of THE COMPANIES ACT, CAT. SO AND IN THE MATTER Of
      231 words

  • FINANCE & commodities
    • 231 21  -  SQX Derivatives Tradln^Reports MSCI Singapore Index Chan Yet San THE Singapore stock market bounced back up yesterday following the US markets' rise. The MSCI Singapore Index gained 1.73 points or 0.66 per cent to close at 263.72 points. Within the index, 16
      231 words
    • 226 21  -  MSCI Taiwan Mares Chan Yet San THE Taiwan stock market yesterday ended lower following Taiwanese president Chen Shui-bian's first news conference on cross-straits relations. The MSCI Taiwan Index lost 2.98 points or 0.77 per cent to close at 381.73 points. The volume traded was
      226 words
    • 269 21 ENERGY REPORT Reuters [LONDON] Jittery oil prices were steady yesterday, waiting on tenterhooks as the Opec producers' cartel prepared to meet in Vienna to decide whether to pump more crude into the market from the third quarter. London benchmark Brent Blend crude futures for
      Reuters  -  269 words
    • 345 21 Reuters London THE euro continued to struggle against the US dollar yesterday as investors trimmed some long euro positions, given the single currency's inability to capitalise on a strong German business survey report released. Earlier in European trade, the euro had risen briefly versus the US dollar after
      Reuters  -  345 words
    • Article, Illustration
      1188 21 OITERBAMK CROSS RATES C$ Un n 9m m Mtttom *m mm* Nw 8 irt IB 8att Nwd USS Australia 0.887 5.025 0.630 4.134 1233 4.719 27*45 5226 0*39 4.776 2201 1270 31.422 25*40 L0S0 4.K9 0.982 ***** ***** 0.400 0*06 *2 07,0 4451 1389 1311 30 475 58.930 0-720 7*36
      1,188 words
    • 1700 21 8100M POTPRBB JunW 1 lUBBCt (Marts doM«Mi(5J0pa) RSSICflimUCTOcMMD Om Mm Opto MwO Hj9& Uw Mt CtoMM) Monrt M 00 16.00 AMI 00 119.00 StpOO 122.50 400 0ct/0ec 00 ***** ISS 3 CONTRACT (USctnb/M) MM 0M Mowtt Mm':. MfiV Cttw—i) hfomf MOO 6450 ISO AttfOO 66.50 2875 stpoo a.n 2S6o 0ct/Dtc
      1,700 words

  • STOCKS east asia
    • 2680 22 HONGKONG AFP Q Bug Seng -180.73 HONGKONG share prices closed 1.1 per cent down yesterday on profit-taking after an initial rise on the back of overnight gains on Wall Street, dealers said. It is just profit-taking after recent gains, said Michael Ng, deputy
      AFP  -  2,680 words
    • Article, Illustration
      874 22 Reuters AFP -127 CHINA'S hard currency B shares ended down yesterday in a sell-off by retail investors following an official warning against investing in lossmaking firms. The Shanghai B Share Index fell 2.96 per cent, or 1.62 points, to 53.2 as turnover grew to U5515.03 million. The Shenzhen B
      Reuters; AFP; Source  -  874 words
    • 364 22 AFP DWPlndn -<0.44 TAIWAN share prices closed 0.7 per cent lower yesterday in thin trading with investors sidelined and waiting for fresh leads, dealers said. The Taiwan Stock Exchange Weighted Price Index fell 60.44 points to 8,690.66, following a 0.2 per cent decline in the previous session. Market sentiment
      AFP  -  364 words
    • 1957 22 TOKYO AFP QffikkaXß +3112 SHARE prices in Tokyo rose 1.9 per cent yesterday with sentiment bolstered by a rise on Wall Street and polls suggesting a win for Japan's ruling coalition in the upcoming election, brokers said. The key Nikkei 225 Index rose
      AFP  -  1,957 words
  • Page 22 Advertisements
    • 27 22 M ••< HIP- <^M i HP Hf M Hr mKKK^^m H ■■^^■■■I^^HI^H^HHHI m n *v* o»! e' v *•►2. f>> 'Ixll7LrrTnTATrwiTrimn >«i lIIEdUSIN ESS ITMES INTELLIGENCE CHANGES EVERYTHING.
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  • STOCKS klse
    • 8126 23 INDUSTRIALS 2000 Last Day Nat Cap H» Cpw CdteHf Qpte 'BOO MIHl It >/l >— 420 HO Ajinomoto 390 unch 4 390 390 19.1 M19 88 62 M|Mh 63 t 89 63 62 92.9 670 290 ApoMo Food Hk| 420 -28 3 420 420 KXO 168.0 3350 2700 8ATS0C 3190
      8,126 words
    • 372 23 AFP CI Compost* Index -OJ7 MALAYSIAN share prices ended down 0.1 per cent yesterday in volatile trade, with late buying offsetting earlier losses, dealers said. The Kuala Lumpur Stock Exchange Composite Index fell 0.67 points to finish at 812.62, off an earlier low
      AFP  -  372 words
  • Page 23 Advertisements

  • SGX clob & regional stocks
    • 2563 24 BONDS &WARRAHTS Jim 20 J***, laat MM)f Ull8.ll. N Sta Caar HSt! f■■■■■ i «*r r—i mm u» w <■—**<» m» nu um 22 *£2 20J 03 80 203 193 193 203 20 41.0 1 300 172 5.76 a 59 7.5 AITTach *(*****7 16 |4J 9 174 100 337 I
      2,563 words
    • Article, Illustration
      730 24 AFP P SET fain -jjjj THAI shares edged down 0.3 per cent yesterday as thin trade and a lack of foreign buying support depressed the bourse, dealers said. The Stock Exchange of Thailand (SET) Composite Index dropped 0.89 of a point to 339.77, while the SET 50 Index lost
      AFP  -  730 words
    • 275 24 AFP n Composite Index -<h22 THE Philippine Stock Exchange Composite Index edged marginally lower yesterday amid signs of the economy flagging. The index fell 0.22 point to 1,560.10. Turnover was lower at 1.33 billion shares but value rose to 1.12 billion pesos. —AFP Hm rtm MRC AIM a*3 0.13
      AFP  -  275 words
    • Article, Illustration
      634 24 AFP M Composite hiaz jiff JAKARTA share prices closed down 0.1 per cent yesterday amid a late rebound in selected stocks, dealers said. The Jakarta Stock Exchange Composite Index closed down 0.57 of a point at 490.12, off a low of 484.01 with 658 million shares worth 578.8 billion
      AFP  -  634 words
    • 267 24 AFP QNZSE-40 -1M» NEW Zealand shares closed down 0.8 per cent yesterday as buying Interest dried up. The NZSE-40 Capital Index ended down 16.49 points at 2,019.25, on a slim turnover of NZ$7l million. Market heavyweight Telecom was down eight cents at NZs7.so.— AFP *m» «a mm Advantage HOS
      AFP  -  267 words
    • 540 24 AFP yiAflOrfatri« *L 8 AUSTRALIAN share prices ended 0.1 per cent higher yesterday with a resurgent banking sector offsetting major falls in some of the bluechips, brokers said. The All Ordinaries Index added 1.8 points to 3,106.3 while the SP/ASX 200 gained 4.1 points to 3,155.2. Turnover totalled 722
      AFP  -  540 words
    • 266 24 AFP H Composite Index+MJ4 THE Korea Stock Exchange Composite Index closed up 29.94 points at 785.32. Volume stood at 337 million shares worth 2.6 trillion won. —AFP Jmi* Oowlwl »000 1300 Brain Tacft *10 S Cantral tank USO -no ChMComm *****0 9000 DaaOuBank 23*0 310 OMunfCarp— *90 90 PwwC»>
      AFP  -  266 words
  • Page 24 Advertisements

  • 7527 25 SOXMAIMBOARD Transaction date:,fun 20 U il Laat Val 0*9 Lm4 Owtl C*J Wv YM Hat Ca a™ Hmi u» tiim mi cooo> n» u» mitt urnm cw p/t fll w5 M2 Ml a c AcaaSOc 118 cd -J *09 122 tie 119 120 5 42 21 MS 204.8
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  • Page 25 Advertisements
    • 45 25 """flJB |l j < ||r B| BSB are designed and manufactured in the UK by f B I DAS Specialist Business Furniture, I |N jHp' e astest 9 rowin 9 fading room furniture supplier. i J rf3 Whatever your requirement, we can help iHfct. Singapore apres9pacific.net.sg
      45 words

  • ARTS festival
    • 659 26  -  The Companhia De Daoca Deborah Colker just takes your breath away, says Felicia tap FELICIA YAP HOT from the sunny shores of Rio de Janeiro, the Companhia De Danca Deborah Colker certainly bowled the Kallang Theatre crowd over with Rota, a visually spectacular blend of modern
      659 words
  • Page 26 Advertisements
    • 272 26 GREAT SAVINGS ON MODERN CLASSICS. Alt items fully imported from Italy We guarantee our quality specifications equal or exceed that of similai furniture sold at considerably higher prices We salute the 20th Century Masters Eileen Fritz Josepf> Hoffonci'i Clint s Pent Noiiuc' i Thomas Rit'Nelf M-C; Vein Dei Roht Fiani-
      272 words

  • Page 27 Advertisements
    • 612 27 Where to wine, dine and Mpsa Savour the distinctive mix of fbvour^^^^flE, 2nd iMto of Singapore. local dishes we have for you Tauhu Goctng, Tandoori Fish etc. TPKTmgWWWBIHTTW^WICTWimn^M Do exaect I dianfc k> oar <kiy menu. Price ■Jbject to 10% lervke charge id prcvJmf fummumt taxe»CALL: 330 3585 OR 330
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    • 138 27 ie™^ mmm .a HIGH TEA FAVOURITES Enjoy local and Western favourites in a daily bigh-tea buffet at The Mezzanine Cafe Bar. I 12pm to spm daily Weekdays: $21.80» U& I Weekends: $22.80 m clt? Reservations: 831-6286 ilf/SJ 133 CMmrl >o«t Siwore 23asb7. nm fet 737 4411 ft* 732 2361 Tte
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  • Page 27 Miscellaneous
    • 906 27 iilUtimtiinn—Central 'Ji «-00 Wheel of Fortune. 330 TV Innovations. 12.02 AM One Hour News. i 8.30 Sabrina The Teenage 530 Mastura. LOO B Tonight. 0.00 AM Kids Central: The Witch 530 Tirai: Wanita Dan Pe- L3oCheerUpJapan.fr) Comfy 7.00 Under One Roof. muda Desa. 230 to 6.00 am Real-time i.^S|^vf%aFTO-fe •>
      906 words
    • 303 27 CRYPTIC CROSSWORD ■"■■Jsr— I n* I Hv I I I I I I I li IH |HB i i HH H Ml JM. i 1 JmHHHHK. I LJ —L|^—^U—M—W ■I H H H H I ■Bi fIHHHHHDHHHK JHR IIH HI fIH 1 ACROSS 5 Checks cheats In tart fashion 6
      303 words

  • MONEY matters
    • 965 28  -  -l i comment CURRENCIES A break of key 105 yen support will show that US$ has little upside left larry wee OVER the past week, the tone for the US dollar turned noticeably softer against currencies like the euro, Australian dollar and Japanese yen.
      Source: H  -  965 words
    • 548 28 INVESTORS should not write off the recent surge in energy prices. It will eventually raise core inflation in the US as well. Core consumer prices in May rose 0.2 per cent as expected and, in isolation, financial markets should be
      Source: Financial Markets Today  -  548 words
    • 455 28 BECAUSE higher oil prices threaten to eventually work through into higher US inflation creating a political backlash in an election year the US will try to influence a large oil production boost from the Opec summit starting today. Opec's failure to automatically increase
      455 words
  • Page 28 Advertisements
    • 56 28 V if I^|^| <> <JHr' U^M djjr SUM A| j M\ I I A 1 9L■ V I iHXIiK rTV Mill b* l d d*\t aJ,". mv I rfTTii K [TiTiTm I I I I |rj'#>l|jlrfl [j I'KIH IHIHI i4^B CaMfornia Pizza Kitchen! I Records voucher! details in your free
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  • SHIPPING TIMES
    • 268 29 Bridge News Reuters PANAMA rates remained generally firm in the Atlantic and Far East in a typically sluggish Monday start, brokers said. Capesize owners were optimistic that rates lode set to firm in the short term The Baltic Dry Index (BDI) rose six points to 1,592, the Baltic
      Bridge News; Reuters  -  268 words
    • 209 29 ma KawrtCorp 3.98 0.04 354 PMftlS t09 «W» 444 art* 195 0.08 008 m tm -0.02 m arm* 0J5 undi 78 OP MM 0 US -0X1 6371 0«rtyM 050 WKft UO tocmcCarrtara 0.86 -o xb m Pan (MM Corp 0 32 -O0I 34 5an*CarpM L96 0.(2 W87 San*
      209 words
    • 441 29  -  Richard Metzler has mere than 25 years of experience in supply chain management By] Donald Urquhart [SINGAPORE] Neptune Orient Lines (NOL) announced yesterday the appointment of Richard Metzler as the new chief executive officer of its logistics arm, APL Logistics. He will be based
      441 words
    • 122 29 [ENGLISH CH A NNEL] This video grab frame, taken by a remote controlled camera of a dumped nuclear waste barrel at a depth of 103 metres in the English Channel, was released by Greenpeace, The environmental activists released a number of new images of the
      AFP  -  122 words
    • 221 29  -  By: Donald Urquhart [SINGAPORE] Singaporelisted Samudera Shipping Line has initiated a fixed weekly container service from Singapore to Shanghai, it was announced yesterday. Three vessels with an average capacity of 650 TEUs (20-ft equivalent units) will ply the route calling at Singapore, Port Klang, Hongkong
      221 words
    • 158 29 AFP [MANILA] Dutch company Smith Group Gexis is to build a US$l.7 billion (554.97 billion) transhipment port complex in the northern Philippines town of Masinloc, the presidential palace said. The port is to serve regional cargo, local cargo and be connected to a rail
      AFP  -  158 words
    • 341 29 Weekly ran will halve transit time from US to India Bloomberg [SINGAPORE] Neptune Orient Lines' container shipping unit, APL Ltd, will soon start a weekly service beteen Singapore, the Indian subcontinent and the Middle East, which will halve the transit time from
      Bloomberg  -  341 words
    • 263 29  -  By P T Bangsberg [SINGAPORE] Mitsui OSK Lines is launching a dedicated feeder service between Asia and West Africa, claiming some of the shortest transit times available. It will initially deploy a ship with capacity equivalent to 320 TEUs (20-ft equivalent units) beginning
      263 words
    • STRAIT talk
      • 820 30  -  By\ Seafarer THERE were two very welcome news items last week. A hijacked ship has been located in China and suspects detained, while Indian authorities effected a peaceful end to the seizure of a ship by, apparently, asylum seekers. The International
        FILE PHOTO  -  820 words
    • 265 30 PACE ECl 4 a* 3 ECUUM 6 Accord 8 ESfUwi 13 AfrtnkM 14 AppensMp 5 AjiaOCl U frtu M Assata 8 6U 4 Austral 8 Avant 14 13 B'tang Mas 8 G,ob,i KA 7 M .n M 0 Shoo 5 7 Haniw 3 Bangiad«H 13 M BUM
      265 words
    • 19436 37 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advartlsaf VnM Voyaga Talapftona ETA ETA Advartnar Vhs« Voyaga TaW>ona jSg* Wuniby 8IW Ooom Nut Nana Numbar Muntwr ■■■■■■MMHMMHMKWMIMnMaBHMaMHi 04/07 n/0» CSAV ISE 023N (5-*****55 To ABIDJAN (ABJ) 2003 Cot* D'I voir# 04/w 22/0* nyk ise o» u-noe] 2V0* 04/W ZIM/SatO ZIM KEELUNG
      19,436 words
    • SHIPS IN PORT
      • 695 43 Vtss«< Voy No Bftti ArrN»l 0«p«rtur« *»!»< 1420 '35 20/06/8:15 20/06/1600 OVCO JOt 20/06/9:15 20/06/1600 8*y*Mam6 *0152 J03 20/06/835 20/06/16.00 MSarSaMi MOO JOI 20/06/800 20/06/1800 *0** Frtf* 117 J02 20/04/9:15 20/06/1800 ■MM 2 nsoo J03 20/06/10:20 21/06/6:30 M Ct Mra3 moo JOI 20/06/10:10 2V06/2339 Mar JOS 20/06/9.35 21/06/200
        695 words
      • 1434 43 RECEIVING Of EXPORT FCl CONTAINERS AND LCt CARGO Booktog/MMCt hth SMp VoyWc Ett/Btr Hrto4 Jnm To Fw MU MWtf COS nfflM IVBOO IV*J» mm iA nr.-x tonu* KVOTOC .>1 .W04W KVWOC I wo roc 20Ai» wwoo 4 20/1200 !W» 28/17*0 MMUATA 2 MM J2/UM U MN MM MM
        1,434 words
      • 178 43 Ml Hong Kong: HK Special Administrative Region Establishment Day. XalM France: Bastille Day. Ad 15 Brunei: HM The Sultan's Birthday. Jul 17 Thailand: Buddhist Lent Day.' MM Japan: Marine Day. AagO Singapore: National Day. Aa|l2 Thailand: HM The Queen's Birthday. Aaf IB Germany: Assumption Day. Korea: Liberation Day.
        178 words
      • 729 43 THIS report, compiled by Cockett Marine Oil Ltd, shows price ranges In US doUars instead of single prlcee for a more comprehensive description of the market Prlcee shown are based on sveragesiaed stem Market movements are indi csted The Cockett Bunker Price Index change and the
        729 words
      • 408 43 C«Oo« HO Ma 990.5 0.7 8J 0.09 78 0.05 JmB OoMtty Mte HsMm As* AMMmi 5i—it Ho Mow £25 0 0 1 0 0 0 %M 300 Am 905.6 0.2 12.6 0.06 51 0.02 Com 300 Ha 991A 0J 17.1 0.06 99 0.05 M/I»n %W %MrfM
        408 words
    • AIR & LAND transport
      • 330 44 The two carriers and partners Korean Air, Aeromexico to on veil new grouping tomorrow Bloomberg [ATLANTA] Delta Air Lines Inc and Air France SA will unveil their global brand tomorrow in New York with partners Korean Air Co and Aeromexico, challenging the dominance
        Bloomberg  -  330 words
      • 294 44 Bloomberg [ST LOUIS, Missouri] Global Airlines Corp, a company without operations led by a Los Angeles investor named Emil Bernard, said it offered to buy Trans World Airlines Inc for US$3Bl million (*****.3 million) in stock, debt securities and cash. The offer is
        Bloomberg  -  294 words
      • 70 44 [MILAN] Trucks line up for several kilometres on the 'Paulese road' that connects Milan to Crema, northern Italy during a national seven-day truckers'strike to protest against rising fuel prices, high cost of maintenance and fines levied by the European Union, which they want the government to pay. The
        AP  -  70 words
      • 360 44 Reuters [GENEVA] The United States said South Korea had promised to open tenders to foreign bidders for construction not yet under way at its new Inchon International Airport. Because of the assurances and a signal that the enterprise
        Reuters  -  360 words
      • 726 44 But airlines claim more regulation will only posh up air fares FT [LONDON] For many business travellers the scene may be all too easy to imagine: it is midnight, the flight has been delayed for five hours and the passengers are stuck in an
        FT; AP  -  726 words
      • 1478 44 grr hjcwt eta man no czaa 2045 saw* *20 MM AW230 WO M WS0741 13* ¥*****2 MM W6361 WO SOrm75 *30 SOVN176 1035 soap WO ****** MB AMtartM (L0043 0435 K***** 2255 M* ***** 640 ***** IMO S023 0645 HZ 4328 2325 t= 7= rTm ,rrri
        1,478 words
  • Page 29 Advertisements
    • 472 29 fight against piracy take, some steps forward ■Page 2 Dolta-Air France global aJHance to challenge Star ■Backpage [H ATC Marine Associates. Singapore, has H been appointed the new Singapore/Asean agent for ASRY's Singapore yard effective from June 14. Specialising in shiprepair and marine spare parts representation services, ATC aiso m
      472 words

  • Page 30 Advertisements
    • 1023 30 AU^ICA m MM mwtom "imcooTT 9 T jfifißßu muSd fiw wauvwfrwu; UuMOHg" looacMNM* 35 n/m n/u m/v m/v it/v u/v n/v m/v awMMMM v/u m/m m/m m/m m/m vmm/m i*m looaHwroH msv m/v m/v n/v n/v n/v u/t1 m/v m/m ran m/v m/m ir/w m/m m/m m/m am vm ooa**
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    • 82 30 SANKYU (S) PTE LTD 11 CLEMENTI LOOP, SINGAPORE *****3 TEL: *****40 FAX: *****11 CFS: KEPPEL DISTRIPARK BLK 513 #01-128 SINGAPORE *****9 JAPANPORT6 Mow Kong A AM China Porta ikvkwv ruyn MfH vmi vb» voy npsa mm —nHoi hawk eungo hama AIiIGATOt UNITY V.***** 2SJUW 03 JUL 04 JUI 05JUI I
      82 words
    • 667 30 Unes services represented by Membersof ihe Regiiiryof Members of ibe w||jjpW Accredited Shipping Agents, Logistics Snggpore Shipping Association Association g ULY UNI MALI I wssa I n» m 1 m I r.KUNG SPOtf MALI 1 P""CH lity VO4OO 26/06 27/06 05/07 j I Empress Lily VO6OO 12/07 13/07 j 20/07
      667 words

  • Page 31 Advertisements
    • 1215 31 TO EUROPE FROM EUROPE Ivtssa vot sm nw ajm ham wv sou fit ia |[vcsa vot I tra ani ham my sou ftt uh sm MM* S34W 13/ M 0/07 11/07 M/ 07 15/07 IHMKS Mil 4/0* Jl/05 1/0* 10/0S H/M HYDUU 315W M/M 14/07 15/07 10/07 M/ 07 HY
      1,215 words
    • 1730 31 @HANJIN SHIPPING iikPl -Srf» 737W30 HI; lIP tw>i a» *****86 7CT23S 7V SALES *****74 731 OOCUMBT *****71 274 OPBAIWS *****50 ?51 MAUI UK *****5S fU S3tl 14S OR **********0 M TO NW USA CANADA USA fDt sa mI« m oi pS m —Fn mm m m m m m HIKAMM*GOSSf
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    • 394 31 rasa voy sw _tkg_ _vot_ _s»_ kg el usa rus rasa wt m «t sb WWMMWgg 0435 23/ M 30/ M 04/B7 OS/B7 I— jj AOUUT _033_ 24/94 9M_ 3M* PBQMttS jj~- g/W Tm bombs oois ti/% n/tj w/B7 HP ffITTBiT MBS BfiH UlTtHWiamW OPTS ?S/0t 77/Dt oow nM una
      394 words

  • Page 32 Advertisements
    • 1408 32 DSR-SENATOR LINES TO UK/CONTINENT TOMEDITORRANEAN^CANADA vtssa wr w La ntm ami ham ww fu ¥EMa vot sm on tn ros wx mtb HAHJM NEWYOM (WW ON 11(7 17.17 13.17 14.(7 1317 LOMDOM SEMATON (MAW 22 M Mr 11(7 13(7 11.(7 2217 CHOTAHG ALPHA MI2W 27 M 14.(7 11(7 1717 1(.(7
      1,408 words
    • 800 32 rn. amMAR-HELS S'PIIRF M'Slfl (TTTTTj Curter MN CONTVt LINES, MC p. guoanq: (0t)*****26 l~lv/\~ 1 OmmomttmTWmmm 880: (064) *****9 MAMLA (632)*****24 PEMAWQ; (04) *****36 BANGKOK: (662) *****57 SURABAYA (31) *****11 P. MELANQ: (03) *****77 JKT. (21)*****46 KUCHWQ (062) *****1-3 MANILA MANZANILLO/VALPARAISO MV "TIGER ARROW" V.795 MV "EUROPEAN EXPRESS" V.EUOOIN ETA
      800 words
    • 670 32 EXPRESS CONTAINER FEEDER FOR N.SHBft (CFS MUUMO. MUIMALCOLOMH ALSO ACCEPTMG TO Mi. NORTHERN AM) WESTERN LC.O. POMTI Vmal S POKE N SHEVA COLOHM P KLANC CAPE CREUS VIBBW 25 JUN MJUL SI JUL 14 JUL CAPE CANAVERAL V.125W 82 JUL 11 JUL 1S JUL >1 JUL TULSIOAS V. 127 MJUL
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  • Page 33 Advertisements
    • 1692 33 IVISSR VOY HKO KHH SM PKL T~DXi BA |~DAM [""Sk MAN &ATTARI PCI-159 16/06 10/06 23/06 24/06 02/07 03/07 05/07 07/07 WAN BAAKEBI PCI-160 23/06 25/06 30/06 01/07 09/07 10/07 12/07 14/07 WAN HCSABI PCI-161 30/06 02/07 07/07 00/07 16/07 17/07 19/07 21/07 WAN SHAH9YAR PCL-162 07/07 09/07 14/07 13/07
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    • 1020 33 jA9* wßmJtKßßki' dr MKSCT TO COtPIO I M S MVS I EYt VY WIMCStAT J I CaWALACBIISW smwtl: SO ROtINSON RD HL 226 1900 FAX: *****04 OUTWARD (1/1) ta TTo3o^o!!o«oS? ,M,,M 8,l, m ITD SAIIS/lAGS *****57/43 INWARD OCPT (0/0) *****15 COSTAR AGENCIES (M) SMI Mi [jINftjITtTWOOOM SIN6APORIO6IOW CONVENTIONAL *****01/150 T/SHPMT
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    • 623 33 IXPOCT IMPORT I vtsss Ivor Im I h lom |*cw cmoob vosa I Hi qm I m m—n fw» 2m!& iffi* v/u HZ :S:^:^:^ssssSig=#^^-j4B- ucpqet impost rasa Iww m urn m *ssa [wr I w w m bhu, se gg ■I IMB— ISX— M/ 17 2ZZH TLO! 11/17— MIHMI— «1»
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  • Page 34 Advertisements
    • 486 34 EXPORT I VBSa/VOTM( n» I ROM |WG TNP 1 ZEE ANW INV I maiYMMU -wWWW IM7 ~w~| EPeX)TIWM)I4 01/07 11/87 nD7 7V07 24/07 g L OEYfIOP MMII 7 flt/117 27/07 71/07 31/B7 OMM 07/tt 1 /USO ACCEPTMG CARGO TO ANO FRORb- MAW, OQMURR, SWBO, RUSSIA IXPOtT vEsa/voTAa Isgp 100 Ivu
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    • 345 34 ■XPORT VTSSa VOYAGE SOP CM OW JRA AMI DRW lAN KM NXV MSNE HOT 2V04- 04/07 05/07 07/07- IMAOMJT 041W21W 74/04 30/04 OVO7 04/07 O/fO UN ASSURE 0130-011W 27/04 01/07 07/07 07/07 10/07 12/07 YNHE OI7WI 3M4- 11/07 15/07 UNASME 0414-023* 03/07 07/07 12/07 13/07 14/07 IMANG& 0131-02SW 04/07 01/07
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    • 504 34 rjgjgsPll PACIFIC INTERNATIONAL UNES (PTE) LTD A SESSff Ih 140 Cacfl Street, #03-00 PIL Butdrtg, Singapore *****0. CR NO: *****67fi""ry WTme La" foi mc MM Iggyyigti i :■> 5 «ft ft flCl I Ivissa vor sm cm am 5 mu ino am rzu iil ui i If I 18 I
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  • Page 35 Advertisements
    • 369 35 BSA il mm MYANMA wBBk FIVE STAR UNE W (Myo«»or Notiosoi Um) W Loading f«r Yh|n vissa vor sa m rm rati MAWIAMYME WW SU> SAGAING 40W 20/ M MALAYSIA AGENTS: OOUSTEAD SMfPWG AGfNCES (IL TH (03)*****00 PRL TU (03)37*4101 POt TH (04) *****0} P«fc TH. (07)*****21/4 BANK LINE (A
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    • 1367 35 MAfhW* HYUNDAI MERCHANT MARINE CO., LTD. vcsa voy jail sou I i» I rtrH ant I han Imv I vtssa I voy sou I i» I ra I ant I ha« Imy Ism NT COMOMOMI 324W 22/04 10/07 15/07 12/07 13/07 IMAMS 541! 14/05 03/04 31/05 01/04 22/04 MM 534W
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    • 705 35 vOOv WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERICA *0«0 HEAVY LIFT SERVICE" Ivtssa vor tw height sin 10c mao mu sav ial otf mrc new moo tapkxa AMOI3 4001 m* 6JM »»otT 19/07 27/07 "*7oT oT7oT Woo" m7oT *7oT "io7oi~ 7T70T~ TAMPA AMOU 4001 ms 6.3* 10/07 09/01 17/01 20/01
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  • Page 36 Advertisements
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  • Page 39 Advertisements
    • 55 39 *?vS ,na YANGON See Page 5 Daily See Page 14 COSTAR SHIPPING PTE LTD EAGLE CORPN. (PTE) LTD weekly container FEEDER SERVICE TO Lfgfj Singapore Pte Ltd BANGKOK, Providing You With More HO CHI MINH Than 90 Direct Ports of Call j urn j Q p a ge 13 Page
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  • Page 40 Advertisements
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    • 49 40 SHIPPING •WAREHOUSING Singapore Loading Daily Man to Sal (BATAMINDOI/mi Accepting Lift Cmfo Reefer Cortamer BMaa: Singapore Loading Man, >Wed ft fti (BATAMINLX) U) Aaxpng ft Heavy Lift Cago Uk 227 0322 Fax: 222 9130 Utmmmdc Tllpf lii| 4 Wm+niti Pta ltd Ik >—< Im)1 h|» Ciiliii HI-SI T>n i' WW
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  • Page 41 Advertisements
    • 917 41 SAMUDERA SHIPPING LINE LTD 72 Aihi iNd, #04-01 03, th W in 07*911 MAM UM/OUTWAMc 532 Mi MWAKD (MO): 437 23M MPOOT STATUS (040): 43/ 2371 MVDfTOtT (MO): 437 2420 WafetiU htlp://www.Mav4«r«.<OM CI MO. 1M*****000N (Celia/Jss»ka/Msi Chon/Jetlynn/Doro/Yvonnc/Hanim) ES9KS3B3H 8 slgs/weekly mhimwifmeim ssigs/weekly WW SM UM Ivtssa I VOY I SM
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    • 715 41 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO Irygl «H|MT| su»|iiw|fPc[c«>|KXW|HM[>m |0»| I maummjask—waLJiM.ii/SLjmLjy9iHHLMISLJUSL i*/OO to/OO 21/00 um 20/00 M/W g(L y P /W K/W mM-IiIMHULIiJTI 71/W 2Q/00 02/10 Oi/lOlXltm Ihowmptm/omi MZW__WZf> 01/00 03/00 13/00 00/w 70/00 73/00 70/10 23/10 24/10 27/10 31/10 >5/11 00/n PICG >AA SJNGAJ"OB£ ACCEPIMG MtAtCRUU
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  • Page 42 Advertisements
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    • 1015 42 FREIGHT LINKS EXPRESS I e *****11 Fax: *****77 E-mail: flesin9singnot.com.sg DIRECT CONSOLIDATION SERVICE TO •SAN JUAN, PUERTO RICO SANTO -PIREAUS RIO DE JANIERO VALPARAISO *NEW DELHI (Patparganj) DUBUN ALEXANDRIA BANGALORE •LA HAVANA (HAVANA) IZMIR COCHIN •SANTO DOMINGO ISTANBUL BUENOS AIRES FOR BOOKING: *****51/3/6/60/61/62/67/68/69/79 PROJECT SHIPMENT HEAVYLIFT CARGO Lawrence Lim *****78
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  • Page 43 Miscellaneous
    • 119 43 LEGEND: Issued by Meteorological Service Singapore (<I Thunderstorm A Showers Temperature direction and speed In knots Cloudy Day Woather Hazy Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds j Sli 9 f > K1 2m -'—•One hall fleche represents 5 knots
      119 words