The Business Times, 17 April 2001

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Total Pages: 40
1 40 The Business Times
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  • Title Section
    Lock icon Masthead
    15 1 THE BUSINESS TIMES MITA (P) 107/03/2001 .com.sg/ SINGA PO RE TUESDAY. APRIL 17. 2001 85C
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  • Article
    Lock icon MARKET SUMMARY
    75 1 m l£ft£7 (+1.29) BT-SRI 633.64 (+2.81) ST INDEX FUTURES (+6.00) SMSCI FUTURES 199J0 (+0.80) STOCK MASKET INDICES Monday Change KLSECOMP ***** ouch NIKKEI 225 13,254.89 -130^3 HANG SENG closed SET INDEX closed JAKARTA COMP 363.21 -2.7? MANILA COMP 1,453.84 +858 TAIPEI WPI 5,432.30 -63.19 SEOUL COMP ***** -7.75
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  • Article
    Lock icon FINANCE
    80 1 FOREX RATES us$ s$ US$ (S$ per US$) 1.808 £(US$/S$ per 1.436 1595 EURO(US$/S$/E) 0.889 1.606 DM 1201 1118 YEN 124.6 69.00 RM 1800 1102 HK$ 7.799 4115 BAHT 4554 25.19 Rl'PIAH 10,760 5,953 *SS to 100 units PRIME RATES SINGAPORE* 5.80 KUALA LUMPUR 7.67 .JAKARTA .39.00 BANGKOK 9.50
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  • Article, Illustration
    Lock icon Peter Kwee clinches Nassim site with bid of $50m
    494 1  -  Motor trader and friend plan to build 3 large bungalows on Eden Hall grounds By\ Kalpana Rashiwala [SINGAPORE] Motor trader Peter Kwee has teamed up with a friend to clinch the prime Eden Hall gardens site at Nassim Road, part of
    494 words
  • Article, Illustration
    Lock icon Frank Wong tipped to head Dao Heng
    406 1  -  ilexclusive Familiarity with Hongkong will put him in good stead Bi Siow Li Sen [SINGAPORE] DBS senior managing director Frank Wong is tipped to head the plum Hongkong unit Dao Heng after the bank's proposed $10 billion takeover. Mr Wong, who joined DBS
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  • Article, Illustration
    Lock icon Lim Neo Chian to take over as ST Engg chief exec
    526 1  -  By\ David Boey [SINGAPORE] Singapore Technologies Engineering deputy chairman and chief executive officer Boon Swan Foo will be passing the torch to JTC Corp chairman Lim Neo Chian when he joins the defence industry group. A company statement announcing
    526 words
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      65 1 IH SIDE Top Stories Mixed reactions to downward revision in Singapore's GDP. Next Page Finance firms can insure against Net crimes soon. P*4 Anti-graft court orders arrest of Estrada; expresident out on bail. Pg 12 US corporate results Citigroup's Q1 profit down 7%. Pg 16 Bank of America's Q1 profit
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      21 1 SIA to launch all-cargo airline in July Report, Shipping Times Page 12 jhHHM i i I J tj Pi f 3m
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      27 1 Lee Han Shih on Shanghai's Raffles Square Page 9 CAMPUS LIFE Which US college is best? Back Page DBS shares rebound as investors digest plan, Pg 5
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      40 1 HOCK i QCK SIEW Property developers sing a different tune Page 5 1 mm Tank Americaine watch Singapore Ngee Ann itv Ti l 7.14 2427 Hilton International The Shopping Gallery Tel 2 029:5 Millenia DFS Tel 312 2150 www.carlier.t om
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  • NEXT page
    • Article
      Lock icon S'pore economy more resilient than thought?
      873 2  -  Dai-Ichi Kangyo Bank economist sticks to his 6.5% growth forecast even as most others lower theirs By Rachel Ong [SINGAPORE] The Singapore economy is more resilent than most people think, and some economists believe it will perform better than the government has projected. "People's
      873 words
    • Article
      Lock icon UOBKayHian forecasts S'pore growth at 3.6%
      681 2  -  No swift US recovery seen; local bourse may go lower in Q2 By] Ling Su Ann [SINGAPORE] A few months ago, analysts were predicting a short-lived US slowdown and a pick-up in the Singapore market by the second half. Now, that optimistic outlook is
      681 words
    • ON THE grapevine
      • Article
        Lock icon 'R' for rejoice?
        51 2 THE 'R' word, much dreaded among economists, was on everyone's lips at a recent gathering of consultants. But the grins on the faces could not have been wider as it was a gathering of consultants specialising in human resources and retrenchments people who are in demand these
        51 words
      • Article
        Lock icon Painful option
        76 2 WITH the stock market depressed these days, some employees who had exercised their company share options last year are now facing a tidy tax bill. One taxpayer who rushed to file her returns to beat the April 15 deadline now finds that she has to cough up money
        76 words
      • Article
        Lock icon New investment definitions
        111 2 BUT humour is probably the best antidote for these troubled times in the stock market. Here's a sampling of what we came across lately. A momentum investor is one who's mastered the fine art of buying high and selling low. The value investor, on the other hand,
        111 words
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      156 2 HUBLOT GRAND QUANTIE ME THAT SENSATIONAL FKEUNCJ St II '1 I lISIIKI A Kl I'M i' Sl\<\ V. Kl SIM I(' \s| Willi S( Kl W-I »< kl I > K< W \I I k Kl Sl.sl I > 50\|. I'lll I K\( A n| iI s \l |i U
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      75 2 Btcml m\**c o o*rv Ckxv flr poipocU Cwi n fKogw mrncct*m**< fcy ftor«< u ■in' I Socirtv rW ■M I »»HC«W (or V 45 >V vi «»e«r-«**•< rtqc mstrMcty fcniiri C4NMS Vmmmm inson it *rm*. W mru V* <*«* tnatMdMt c« RJg' TClttKtS'S >pfH* UIWRS rw v? <yOv» **J *C
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      100 4 jdlk ~/o? *\SL S Where is the next opportunity? -miL v iw| Vice Chairman Marcio M. Moreira, New York S v jfl wL 1 iHh V HHIi t ia *>„ v ;>» ■■K-" -t&~- .v. ;»"> >9raH ■r ®».w- Fresh ideas. Leading to results.™* MKKKKKUta -< a I 5 i
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  • SINGAPORE companies
    • Article, Illustration
      Lock icon DBS shares rebound 4.3% to close at $14.40
      572 5  -  Analysts see more volatility ahead; S&P affirms bank's 'A-l' short-term rating By\ Serena Ng DBS Group Holdings shares regained ground in a flat market yesterday as investors digested the plan to buy Hongkong's Dao Heng Bank and came to terms with the
      FILE PHOTO; Source: Bloomberg  -  572 words
    • Article
      Lock icon Creditors dump KK Fong's i-One shares
      391 5 Filings suggest they may not be giving him too much time for orderly disposal of shares LATEST stock exchange filings suggest the creditors of i-One.Net International's boss K K Fong may not be giving him too much time for an orderly disposal of his
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    • Article
      Lock icon A different tune from property developers
      758 5  -  kalpana rashiwala IT WAS barely three months ago that some major developers were painting a confident picture of the Singapore property market, declaring publicly and almost in unison that they would not be cutting the prices of private homes. This began in late January
      758 words
    • Article, Illustration
      Lock icon Courts heads for South Africa
      187 7  -  Joint ventnre will open first megastore there this year By Liew Hanqing MAINBOARD-LISTED Courts (Singapore) Ltd is going to South Africa. It announced yesterday a joint venture with Courts (Overseas) Ltd and South African retailer Protea Furnishers Ltd to set up Courts stores in that
      FILE PHOTO  -  187 words
    • Article
      Lock icon Frontline takes 30% stake in major Thai IT company
      228 7  -  USs7m investment in Logic Co in line with regional aspirations By' Vince Chong NEWLY-LISTED IT services company Frontline Technologies announced yesterday that it had spent US$7.lB million (5512.9 million) on a 30 per cent stake in Logic Company, a big player
      228 words
    • Article, Illustration
      Lock icon SNP seeks to be leading regional media group
      414 7  -  AT&T ex-president John Walter roped in as board director By\ Rachel Ong GOING global is a growing trend among local companies, and SNP is no exception. "We want SNP to be a leading regional media group with its headquarters in Singapore," said
      FILE PHOTO  -  414 words
    • Article
      Lock icon PSC associate gets nod for KLSE listing
      213 7 75% of proceeds will fond spa resort and heritage village PROVISIONS Suppliers Corporation Ltd (PSC) announced yesterday that its 50 per cent-owned associate company, Pulai Springs Resort Bhd, has obtained inprinciple approval for listing on the main board of the Kuala Lumpur Stock
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      101 5 I Ensure Your Exam Success on 3 June 2001! I K IBSggßSgi <&- I I BBBB— V GUARANTEE POLICY U I I Attendees who I I J. at 2001 exams receive 50% discount on A I I ens ve Fee. I I Please me Level I Level II I I
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      201 5 P-j- M ■»5 "V* s i»>C USA S6K> CM m gP u« W» H«» viaunmniiwMO ma<u uhs rt inw s». V«K>H« cc» $I*o(3'j V»K"< K7O KtKhitc $2*5 C*. LUJW*V 55*0 ck**rO«s2?s V»iy P»*H TM96 'M»139 !«496 ■OIMm PW MO! LIMMI«l<M».l||«l» ■<*> Vh"; ■*>**. (Mr 0« Vrt -ijf MMit*. (Mr C
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon DBS rebounds but fails to inspire broad market
      612 6  -  STOCKS r. sivanithy AFTER an early recovery when DBS Bank rebounded from the beating it took last week, the Straits Times Index yesterday resumed its downward drift with no clear sign emerging as to when this will end. Although the index closed
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    • Article, Illustration
      Lock icon Johan wrt has decent gearing
      169 6  -  WARRANT WATCH By R Sivanithy FOR most of the former Clob International Malaysian warrants featured here, there has been a common criticism because their underlying shares have fallen so low, the gearing advantage that warrants offer has disappeared. Even though all have had their lifespans
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    • Article, Illustration
      Lock icon NOL holding up well amid volatility
      229 6  -  HOT STOCK By Ven Sreenivasan NEPTUNE Orient Lines (NOL) is one of the rare counters which have held up quite well despite the widespread market volatility. NOL was quite active yesterday as it gyrated between $1.36 and $1.42, before closing with a net three-cent
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    • Article, Illustration
      Lock icon US$ regains footing after Easter profit-taking
      508 6  -  I i comment CURRENCIES Asian nnits are worst hit, led by renewed attack on the Indonesian rnpiah larry wee ASIAN currency players returned from an extended break to find the US dollar stronger or rather, Asian units weaker again after more good numbers on
      Source: Reuters  -  508 words
    • Article
      Lock icon Untitled
      343 6 Stocks Volume AddvalTech 2.5c 8,326,000 ITechGrp 4c 7,740,000 Strike Engg 5c 7,115,000 l-One 5c 5,433,000 Goldtron 5c 5,335,000 PacificCenturylOc 5,055,000 DBSGrp 4,901,000 PCI 25c 4,064,000 *TanChonglnt50c 3,981,000 Chart Semiconductor 26c 3,911,000 Stocks DBSGrp 70,127,135 Chart Semiconductor 26c 16,649,440 OCBC 15,565,800 SPH 9,706,711 VentureMfg25c 8,789,930 UOB 8,651,200 Omni Ind 10c 8,045,150
      343 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    2646 6 UNIT TRUSTS FUNDS Manager's prices (Ss)iApr 17 Aberdeen Asset Mgt Asia Ltd Aberdeen Select Portfolio: Global MNCFd 0.744 0.782 Global Technology Fd!** 0.620 0.652 UK Blue Chip Fd!** 0.774 0.814 American Opport Fd 0.817 0.858 Cont Euro Eqty Fd!** 1.063 1.117 Japan Eqty Fd! 1.202 1.263 Asian Fixed Income Fd
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      158 7 HOME NEEDS The Straits Times Classified. [caxs-I Classifications 90-120. Buy It. Sdl It. Find It. planet one Word: VALUE PLANET2OOI Singapore, Asia Pacific's Definitive e-Business Forum, is the Premier Forum to FUEL your minds for your next assault in the high -ve loc ity e-marketp[ace. This year, more than 1000
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  • SINGAPORE news
    • Article
      Lock icon Satyam opens Asia-Pacific HQ in Singapore
      423 8  -  EDB to encourage larger Indian IT firms to list in Republic By Vikram Khanna INDIAN software giant Satyam Computer Services yesterday announced the opening of its AsiaPacific headquarters in Singapore to service the markets of Asean, North-east Asia, Austra- lia and New Zealand. At
      423 words
    • Article, Illustration
      Lock icon CMG chief: Don't switch stocks too often
      574 8  -  Equities should form bains for retirement savings, says Lindsay Mann By Ven Sreenivasan i imu, is tne investor s best friend. This is the advice offered by Lindsay Mann, the new chief executive officer at CMG First State Investments, to anxious investors who
      574 words
    • Article
      Lock icon Easier to sell DBS shares than object
      378 8  -  MAILI.TTH Denis Distant Singapore, via Internet I REFER to your article "DBS needs to assure its investors" by Lee Han Shih (BT, April 13). I read the article with much concern about what has happened to make two of our biggest companies go
      378 words
    • Article
      Lock icon Too much premium paid for Dao Heng Bank?
      342 8  -  Narayana Narayana Singapore, via Internet I REFER to your articles "DBS to buy major stake in HK's Dao Heng Bank?" by Quak Hiang Whai and Siow Li Sen (BT, April 10); "Dao Heng a worthy prize if the price is right" by
      342 words
    • Article
      Lock icon Ming Wah:No breach of rules
      400 8  -  Luk Man Kuen Company Secretary Ming Wah Universal (Bermuda) Co, Ltd Singapore, via Internet I refer to your article "Raw deal for Ming Wah minorities" by Yung Yu-Ming (BT, April 12). Mr Yung alleged that most shareholders were not aware that Ming Wah Universal (Bermuda)
      400 words
    • Article, Illustration
      Lock icon Over 300 CEOs to attend Forbes global conference in S'pore
      312 8 US business magazine Forbes will hold its global CEO conference in Singapore come Sept 19, marking the first time that an Asian venue has been chosen. The two-day conference will bring together more than 300 CEOs from Asia, the US
      FILE PHOTO  -  312 words
    • Article
      Lock icon Barclays sees disinflation
      324 8  -  P=W4 on the economy outlook By Anna Teo DISINFLATION is set to replace inflation this year as a modest output gap ensues amid property market deflation and softer oil prices, says Barclays Capital. The uptrend in consumer price inflation that was seen last year is likely to
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      67 8 We welcome letters. E-mail us at btletterQsph.com.sg or fax us at *****71, or write to: The Business Times, Times House, 390 Kim Seng Road, Singapore *****5. We need your full name, address and telephone number, so we can verify it came from you. Please use temperate language, and bear in
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      14 8 PROPERTIES The Straits Times Classified. Classifications 402 568. Buy H. Sell h. Find h.
      14 words
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  • FOCUS property
    • Article, Illustration
      Lock icon Shanghai's Raffles Square
      622 9  -  11 comment PROPERTY Its owners are starting to bleed as work on the project stalls lee han shih WHAT do Capita Land, Orchard Parade Holdings, Temasek and the Government of Singapore Investment Corporation have in common? They are all co-developers of a giant shopping and office project
      FILE PHOTO  -  622 words
    • Article, Illustration
      Lock icon Property price cuts pull in customers over weekend
      771 9  -  By' Vince Chong PRICE cuts have brought smiles to some developers over the weekend, proving that the tough market is not exactly bereft of buyers. For projects such as Fortune Jade and The Ventana, which brought down their prices over the weekend,
      FILE PHOTO  -  771 words
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      148 9 FOR SALE vPREMAsy MMhmm INTERNATIONAL NEW 5 STOREY HIGH-TECH BLDG at Ubi Ave 3/Road 3 Land area: approx. 2,000m 2 /21,528 ft 2 Built up area: approx. 4.000m :i 43.056 ft- JJJJJjWjf ,K 60 years Leasehold wef 04/01/1999 BHHrjjjjJ M Efficient floor layout fully air-con High floor loading capacity on
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      163 9 100,000 sq ft of Strata Space Near Lavender MRT Station For Sale by Private Treaty Suitable uses: Corporate HQ for MlHiB" Ml Trading Company --HI •Distribution/ Z'ZZZZZZ:: m-mm mr-n, 1 1MM i Service Centre kg ZZZZZZZ:: ZZSsSS 1 suss SSI: m Showroom mfzllz::} i; gr' Commercial School ahnW TZsM Church
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      337 9 f /gjjv Jones Lang w LaSalle. Prime Retail/Showroom Space along Floor area: 18,396 sq ft approx Wide prominent frontage with carparking facilities Suitable for furniture shops, food outlets, car/health equipment products/lighting showrooms and other retail uses FOR SALE BY PRIVATE TREATY Prime Good-Class Bungalow/Site for Sale Site Area: 22,469 sq
      337 words
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Sino-US ties could profit from Bismarck
      710 10  -  Bi;l=l I bottom line OPINION leon hadar The writer is BT's Washington correspondent GERMANY'S legendary Chancellor Bismarck, who was one of history's leading practitioners of realpolitik-style diplomacy, would have empathised with the challenges facing the Bush administration in the aftermath of the resolution of
      710 words
    • Article
      Lock icon IN OTHER WORDS
      130 10 'He was dismissed for throwing things at me. We have to operate a disciplined company and you do not throw things at the chief executive.' David Tnrnbull CEO of Cathay Pacific A irways, on the firing of one of its pilots for allegedly lobbing nuts in the
      130 words
    • Article
      Lock icon Dangerous turn in US-China relations
      672 10 EDITORIAL POR 11 tense days, the world held its breath as the United States and China talked tough over the US surveillance plane and its 24-member crew detained on Hainan island. The release of the crew last week may have eased the tension, but the
      672 words
    • Article, Illustration
      Lock icon A replay of 1997 on the cards for East Asia?
      1013 10  -  Not necessarily-if reforms continue. But that does not mean there will be no downturn or pain across the region By Masahiro Kawai The writer is chief economist, East Asia and the Pacific Region, World Bank THE Asian currencies, together with
      REUTERS  -  1,013 words
    • Article
      Lock icon Waste not — but show that you can
      934 10  - Waste not but show that you can COMMENTARY Bankers are past masters in the art of conspicuous consumption By Matthew Lynn Bloomberg TONY James and Chuck Ward, who wrote Credit Suisse First Boston's recent memo outlining the bank's new expenses policy, must feel a bit like the chump at school
      Bloomberg  -  934 words
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  • MALAYSIA news
    • Article, Illustration
      Lock icon Dr M names his new adviser
      325 11 KUALA LUMPUR New economic adviser is former Bank Negara governor, AliAbnl Hassan Snl&iman Bloomberg MALAYSIA appointed a former central bank governor as adviser to Prime Minister Mahathir Mohamad as the government considers measures to help stem a slowdown in the economy. "I started work
      Bloomberg  -  325 words
    • Article
      Lock icon US slowdown hurting Malaysia: Mahathir
      412 11 KUALA LUMPUR Q1 growth may not meet forecasts; Feb sales up from Jan bat employee figure falls AP, Bloomberg PRIME Minister Mahathir Mohamad said that the US economic slowdown is already being felt in Malaysia, where the manufacturing sector depends heavily on exporting electronics goods
      AP,; Bloomberg  -  412 words
    • Article
      Lock icon Bintulu shares fall below offer price on trading debut
      233 11 KUALA LUMPUR Bloomberg BINTULU Port Holdings Bhd shares fell 9.5 per cent on their first day of trading as investors steered clear of new issues amid concern a slowing economy will cool demand for products and services. "With all the uncertainties
      Bloomberg  -  233 words
    • Article
      Lock icon Delay over light rail buyout renews bad loan fears
      513 11 KUALA LUMPUR Central bank may classify RM6b loans as non-performing by end-April: analysts Reuters A DELAY by Malaysia to buy US$l.6 billion (552.9 billion) of assets from two loss-mak-ing light-rail operators may cast a new cloud over local banks, already weighed
      Reuters  -  513 words
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      371 11 generation business Now, you can enjoy powerful e-business solutions at great prices with our special hardware bundle. At IBM, we understand the needs of small business. And we have the total solutions to back our commitment. Take the xSeries 200. It's the most affordable server for your business, and allows
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  • REGIONAL news
    • Article, Illustration
      Lock icon Bank Indonesia wants role defined in constitution
      262 12 JAKARTA AFP INDONESIA'S central bank wants to strengthen it j independence from the government by having its role and status clearly recognised in the country's constitution, a report said yesterday. "This can provide Bank Indonesia (BI) with greater confidence in the implementation of
      AFP; AP  -  262 words
    • Article
      Lock icon Rupiah Ms on fears of censure deadlock
      396 12 Parliament may not accept Abdurrahman's rejection of charges against him Bloomberg AFP [JAKARTA] The Indonesian rupiah plunged yesterday on concern Parliament may not accept the president's rejection of charges against him, which may cause his supporters to riot on the streets, deterring investors,
      Bloomberg; AFP  -  396 words
    • Article, Illustration
      Lock icon Anti-graft court orders arrest of Estrada; ex-president out on bail
      490 12  -  Police ring court on fears his supporters would stage protest From, Al Labita in Manila AN anti-graft court yesterday ordered the arrest of deposed Philippine president Joseph Estrada, but he escaped jail by posting a 40,000 peso (551,400) bail bond.
      AP  -  490 words
    • Article
      Lock icon Jakarta to convert PLN's debt into equity
      159 12 JAKARTA AFP THE Indonesian government will convert 26.9 trillion rupiah (554.5 billion) in debt owed by the state electricity company PT Perusahaan Listrik Negara (PLN) into equity, a senior economic minister said yesterday. "As part of efforts to restructure PLN's debts, the debt...
      AFP  -  159 words
    • Article
      Lock icon 2 KL firms offer insurance against runaway maids
      235 12 AFP [KUALA LUMPUR] Malaysians can now buy insurance against costs incurred when foreign maids run away, a newspaper reported yesterday. The Star said two companies have introduced a Foreign Maid Performance Protector policy. Some 30,180 foreign maids out of a total of
      AFP  -  235 words
    • Article
      Lock icon Gold fever hits Bangkok after senator's Japanese treasure claim
      363 12 BANGKOK He says Japanese troops hid 2,500 tonnes of gold AFP THAIS have been gripped by a senator's claim to have found a hidden treasure trove left by the retreating Japanese Imperial Army after World War 11, amid hopes it will
      AFP  -  363 words
    • Article
      Lock icon Japan's Tohoku to buy Petronas gas for 20 yrs
      404 12 ■KUALA LUMPUR Deal for 900,000 tonnes of LNG per year from 2005 Bloomberg, AFP PETROLIAM Nasional Bhd of Malaysia (Petronas) said it agreed to sell 900,000 tonnes of liquefied natural gas a year for 20 years to Tohoku Electric Power Co
      Bloomberg,; AFP  -  404 words
    • NOTE Book
      • Article
        Lock icon KL drafts tough law against hackers
        104 12 AFP [KUALA LUMPUR] Computer hackers in Malaysia will face up to four years' jail or a fine of up to RM250.000 (Ssl 19,000) —or both penalties—under a tough draft data protection law, according to the New Straits Times. It said people who obtain personal
        AFP  -  104 words
      • Article
        Lock icon Manila to replace San Miguel chairman
        68 12 AFX-Asia [MANILA] The government plans to appoint former Social Security System chairman Renato Valencia as the next chairman and chief executive of San Miguel Corp at the company's AGM on May 3 to replace Eduardo Cojuangco, Jorge Sarmiento, commissioner of the Philippine Commission on
        AFX-Asia  -  68 words
      • Article
        Lock icon China forex reserves rise to US$176b
        60 12 Reuters [BEIJING] China had US$l76 billion (Ss3oo billion) in foreign exchange reserves at end-March, the China Securities newspaper quoted central bank governor Dai Xianglong as saying yesterday. China's foreign exchange reserves at the end of last year came to U*****.6 billion, up from U*****.7
        Reuters  -  60 words
      • Article
        Lock icon KL to use palm oil as power plant fuel
        80 12 Reuters [PRAI, Malaysia] Malaysia, the world's biggest producer of palm oil, yesterday officially launched its first large-scale scheme to burn the crude oil in power plants and use it in other industries. The move is part of a project to prop
        Reuters  -  80 words
    • Article, Illustration
      Lock icon India watchdog finds abuses: reports
      523 13 BOMBAY Sebi report is said to have accused short sellers of helping to trigger a crash Reuters THE Securities and Exchange Board of India (Sebi), in a report to the Finance Ministry, has accused short sellers of helping to trigger a crash in Indian stock
      Reuters; REUTERS  -  523 words
    • Article
      Lock icon Indian rupee seen falling to new lows
      242 13 BOMBAY AFP THE Indian rupee is expected to slip to new record lows against the US dollar as importers book forward and local supply of the US currency dries up, analysts said yesterday. "We see the rupee falling to 47.50 to the dollar
      AFP  -  242 words
    • Article
      Lock icon Moves to attract forex from Pakistanis overseas
      168 13 KARACHI AP IN an attempt to boost Pakistan's meager foreign exchange reserves, the mili-tary-led government has announced incentives aimed at attracting investment from Pakistanis living overseas. Effective immediately Pakistanis investing U*****,000 (*****,000) in Pakistan or transferring U552,500 annually through banks will be given
      AP  -  168 words
    • Article
      Lock icon China B shares rise on hopes of changes in rules
      273 13 SHANGHAI Regulator may allow insurers to invest directly in stocks Bloomberg CHINA'S foreign-currency shares rose after the insurance regulator said yesterday it may allow the nation's insurers, which hold a combined US$4O billion (5572.2 billion) in assets, to invest directly
      Bloomberg  -  273 words
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      124 words
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      94 13 SOUTHERN ILLINOIS UNIVERSITY Carbondale, Illinois, USA Let this prestigious... American MBA Propel you to Greater Heights! Ranked among Top 25% of American Business Schools Fully conducted by university faculty members —JW NCACS accredited Also one the ew accredited kl American MBAs in Singapore v m Degree enjoys worldwide recognition MLJHH
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      63 13 fm "fcicJ* sj&'Mjl Wm +BmVX- y v *r #mffisJK&>2 -A **A fr iii 1 i i^t i jpF xo( V jMw j^ESm V-' .5, 4? v i' -<X, IflHr .^g^U ■■jdfflt"' ■w«i*p^Pig^^BB!^^^^^^^^Ll^iii^MMMB^^^BMMk^..v f K BPP—g r g^' .flr *r jHIp look after it for the ne*t generation Annual Calendar by
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  • e-NEWS
    • Article
      Lock icon NTT aims to boost profitability over next 3 years
      483 14 TOKYO It plans to step ap revamp of struggling regional carriers Reuters JAPAN'S dominant carrier, Nippon Telegraph and Telephone Corp (NTT), said yesterday it aims to boost profitability over the next three years and step up a restructuring of its struggling
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      Lock icon Sales of online books show signs of levelling off
      600 14 NEW YORK NYT AFTER five years of astonishing growth, the heyday of online book sales has apparently ended, and some book publishers are already beginning to miss it. Last Monday, Amazon.com, which dominates the market for online books with four times
      NYT; AP  -  600 words
    • Article
      Lock icon New technology for streaming video via Net
      581 14 SAN FRANCISCO It can send data to thousands of users simultaneously NYT A MATHEMATICAL mixing of data the digital equivalent of a food processor is at the heart of a new approach to transmit software and video data more efficiently over the Internet.
      NYT  -  581 words
    • Article
      Lock icon IBM seen to post higher Q1 profit, sales
      411 15 EARNINOS OUTLOOK However, analysts expect the company to cat its 2nd-qtr forecast Bloomberg [ARMONK, New York] International Business Machines Corp (IBM) expects to issue higher first-quarter profit and sales results tomorrow, yet analysts say the top seller of computers and related services
      Bloomberg  -  411 words
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      Lock icon Nokia, Ericsson to focus on cutting costs
      489 15 Bloomberg [STOCKHOLM] Nokia Oyj and Ericsson AB will focus on cost cuts when they report first-quarter results on Friday as sales of mobile phones slow and phone companies curb spending on network equipment, analysts said yesterday. Nokia, the biggest cellular-phone maker, has said
      Bloomberg  -  489 words
    • Article
      Lock icon AOL Time Warner Q1 gain seen little changed
      467 15 Revenue growth expected to slow as ad sales weaken at cable networks, magazines Bloomberg [NEW YORK] AOL Time Warner Inc, the largest media and Internet company, is expected to say first-quarter profit before amortisation costs was little changed as growth in advertising
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    • Article
      Lock icon Orders for Japan-made chipmaking equipment down in Feb
      281 15 TOKYO Bloomberg ORDERS for Japanese-made equipment used to make microchips fell sharply in February after falling 16 per cent in January. This is further evidence that global chipmakers are curbing investment intended to expand output, an industry group said. Chip equipment orders
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      63 14 Triple Performance with Oracle 9* Application Server. Our high-speed cache will run your web site 3 times faster. For details and a free Web Performance Kit, visit www.oracle.com/triple Copyright ©2001 Oracle Corporation All rights reserved Oracle is a registered trademark, and Software Powers the Internet is a trademark or registered
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      12 14 Turn to Classification tt6 I The Straits Times Classified CAT S -1
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      202 15 Recognize and express your gratitude in grand style, with a tasteful gift from The Copthorne Harbour View Hotel.Your secretary is sure to get the message. Our "Dine Around" Passes are sure the best way to embark your secretary on a culinary journey. Choose from our $66 "Dine Around" lunch pass
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      304 15 Andersen Effective 1 January 2003, all companies listed on the Singapore Exchange will be required to disclose their corporate governance practices and explain deviations from the code. What are the implications of the new corporate governance code and how will it affect you? What are the changes that you need
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  • WORLD news
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      Lock icon BOJ downgrades view on Japanese economy
      438 16 TOKYO Its bleak assessment is based on the country's flagging exports and slowing industrial ontput Reuters THE Bank of Japan (BOJ) yesterday downgraded its view of the economy for a second straight month. The bank cited flagging exports and slowing industrial output as data
      Reuters  -  438 words
    • Article, Illustration
      Lock icon US fighter jets to protect spy flights off China?
      472 16 WASHINGTON China lionises fighter pilot; move signals uncompromising stance in talks LATWP, Reuters A US aircraft carrier, USS Kitty Hawk, is steaming towards a position in the South China Sea where it could launch fighter jets to protect US reconnaissance flights
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    • Article
      Lock icon First Union to buy Wachovia for US$13.4b
      437 16 NEW YORK Reuters FIRST Union Corp has agreed to buy Wachovia Corp for about US$l3.4 billion (5524.2 billion) in stock to form the United States' No 4 bank, as the two rival North Carolina-based banks combine to boost profits in a slowing US
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    • Article
      Lock icon Samsung VP ordered to pay 'evaded' tax
      234 16 SEOUL AFP LEE Jae Yong, son of Samsung Group chairman Lee Kun Hee, has been ordered to pay "evaded" taxes on what critics say was an illegal wealth transfer, South Korea's tax chief said yesterday. The country's largest conglomerate has been under public
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      Lock icon Citigroup's Q1 profit down 7%
      457 16 PS CORPORATE RESULTS Firm suffers weak revenues from IPO advisory work, investment losses Reuters [NEW YORK] Citigroup Inc, the biggest US financial services company, posted a 7 per cent fall in first-quarter operating profits yesterday, as investment losses and weak revenues from advising companies on
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    • Article
      Lock icon Bank of America gain drops 17%
      352 16 3rd-largest US bank holding company earns USsl.B7b in Q1 Reuters [CHARLOTTE, North Carolina] Bank of America Corp, the third-largest US bank holding company, posted a 17 per cent drop in quarterly profits yesterday, hurt by bad loans and losses on investments. The bank earned
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      Lock icon Bank of NY's Q1 profit up 14%
      63 16 Bloomberg [NEW YORK] Bank of New York Co, the world's largest asset-custodian, said firstquarter profit rose 14 per cent as it made more fees from handling stock, bond and currency trades. Net income rose to US$3B4 million (Ss69l million), or 52 cents a
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      Lock icon Continental's earnings plunge
      56 16 Reuters [HOUSTON] Continental Airlines Inc's first-quarter earnings sank 36 per cent as business travel purchases weakened. The fifth largest US airline said continued high prices also pressured its earnings, which came in at US$9 million, or 16 cents a share, compared with US$l4 million, or 21 cents
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    • Article
      Lock icon Grainger's net profit up 2.4%
      94 16 Reuters [CHICAGO] WW Grainger Inc. one of the top US distrib- utors of equipment to businesses, reported that its first-quarter net profit rose 2.4 per cent as growth in demand for its products and services slowed because of. the US economic downturn. The Lake Forest,
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    • Article
      Lock icon Eaton sees 34% fall in profit
      68 16 Bloomberg [CLEVELAND] Eaton Corp, the largest US maker of truck transmissions, said firstquarter profit fell 34 per cent as sales of heavy trucks decreased. The company will cut 600 positions at its hydraulics operations to reduce costs. Profit from operations fell to US$73 million,
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      Lock icon GIC partner AMB banks on US industrial property
      1071 17  -  AMB Investment Mgt forms partnerships to earn rental revenues Prom. Jennifer Lien in Silicon Valley WITH the US economy slowing, private investment funds are looking to re-allocate their funds towards "safer" investments. And that's where AMB Investment Management, which recently formed a
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    • Article
      Lock icon LDP poll defeat may boost Koizumi's PM bid
      412 17 TOKYO Voters re-elect independent as governor of Akita Reuters JAPAN'S unpopular ruling coalition tasted defeat in a local election over the weekend, a result that could boost the chances of Junichiro Koizumi, the reformist candidate campaigning to be the nation's next prime
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    • Article
      Lock icon Toyota sells stakes in three J-Phone units
      297 17 TOKYO Mobile-phone units' shares sold back to Japan Telecom Bloomberg TOYOTA Motor Corp has sold its holdings in three mo-bile-phone units of Japan Telecom Co back to the country's third-largest telephone company for an undisclosed price. Toyota, which owned 2 per cent of
      Bloomberg  -  297 words
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      Lock icon US employers offer workers phased retirement
      763 18 NEW YORK A way to keep older valued workers but some experts have their reservations NYT TIME was, when Americans retired, they retired in earnest, to the golf course, to Florida, to consultancies, to volunteer work to just about anything except their old jobs.
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      Lock icon Lawyer seen as frontrunner for SEC chairman post
      284 18 NEW YORK Job still open after several high-profile figures decline it FT A WASHINGTON securities lawyer is believed to be the favourite to fill the top spot at the Securities and Exchange Commission. Harvey Pitt heads a new list of potential candidates
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    • Article
      Lock icon Bayer in talks to market its new pill for male impotence
      339 18 LONDON FT BAYER, the German chemicals conglomerate, is in preliminary talks with several pharmaceuticals companies to help market its new pill for male impotence, a drug in the same class as Pfizer's Viagra. The German company, needing to maximise
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      261 16 Diamonds are a I Secretary's Best Friend Secretaries' Week 23-27 April 2001 Treat your personal assistant to lunch and enter her into the Secretaries' Week Lucky Draw at The Pan Pacific Singapore. Dazzle her with the |jf| grand prize fromTianpo Jewellery, a 0.98 carat Marquis Diamond Jewellery set worth $5,000!
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      538 17 Jgr tSMtea i miM 11 iii IKB^^S^iAMMliemSSaMlmhdßntß^mm^mSmiiM^.j v 'P Kri||&&~ 4 dfi*s P*** i ~lll- ;^£&#..^s i I f f J,s&&¥ SSSit \P- K *r# l& Fly to the USA with ANA at friendlier prices* Silt Laki' r.ly Centre L&s Vegj? San Ry>er,ix Settle San Os«go CH nvt' Los Angeles
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      789 18 m f AflultieChem Multi-Chem Limited (Incorporated in Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 2001 Annual General Meeting of the shareholders of the Company will be held on Wednesday, 2 May 2001 at 95 South Bridge Road, #07-28 Pidemco Centre, Singapore *****7 at 10:00 a.m.
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      312 18 NOTICES To advertise call toll-tree 1800-741 1883 Fax No: 741 1298 M OCBC Finance OCBC Finance Limited (Incorporated in Singapore) A member of OCBC Group ANNOUNCEMENT Pursuant to Article 32(4) of the Articles of Association of the Company, it is hereby announced that from declarations received by the Company as
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      14 18 To advertise your NOTICES simply fax: 741 1298 or Call toll-free: 1800 741 1883
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  • FINANCE & commodities
    • Article
      Lock icon Futures make modest gains
      278 19  -  SGX Derivatives Trading Report ST Index/MSCISPpore Index Wong Ann Chuen Refco (Singapore) Pte Ltd THE Singapore stock market rose yesterday, led by DBS Group Holdings while falling tech-stocks capped gains. The STI inched up 1.29 points or 0.08 per cent to close at 1,593.87 points with
      278 words
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      Lock icon Futures trade within narrow range
      239 19  -  MSCI Taiwan Index Refco Singapore THE Taiwan stock market fell on renewed concern semiconductor stocks may yet discover more downside potential. The MSCI Taiwan Stock Index lost 2.60 points, or 1.06 per cent to finish at 242.03 points. Turnover for the Taiwan stock index dropped
      239 words
    • Article
      Lock icon US wheat growers eye sales to Pakistan
      206 19 Reuters [KARACHI] US wheat producers said yesterday they were hopeful of winning a slice of the Pakistani wheat market, after the drought-hit country said its own harvest this year would be four million tonnes lower. "Prospects are on the horizon that Pakistan may
      Reuters  -  206 words
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      Lock icon Untitled
      1288 19 DTTERBAlfK CROSS RATES Ap rin A$ C$ Rib Euro Ffr Dm HK$ Ind Ri Buplali Yen Won RM H2$ Pafc Rs Peso S$ Band Sfr NTS Baht Pound US$ Australia 0.790 4.197 0.569 3.733 1113 3.945 23.765 54.419 0.630 6.723 1.922 1.243 30.712 25.396 0.914 4.054 0.866 16.657 23.029 0.352
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      Lock icon Untitled
      1930 19 SICOM FUTURES Apri RUBBER (futures closinq as at 5.30pm) RSS1 CONTRACT (S ccnts/kg) Close Volume Open Month High Low Sett (tonnes) Interest May 01 104.50 104.00 105.00 350 100 Jun 01 106.50 800 Jul 01 107.00 250 Aug 01 107.50 250 RSS 3 CONTRACT (US cents/kg) Volume Open Month High
      1,930 words
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      35 19 N M ROTHSCHILD SONS \f over 200 years of banking J Tel: 65-535 9677 65-535 9100 Fax: 65-535 8713 rII B L L'U T C J Email: treasury@rothschild.com.sg v>3ll IvOtllSCllllu. Ireasury jcrviccs toddy* Website: www.nmrothschild.coni.sg
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  • STOCKS east asia
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      Lock icon CHINA
      1102 20 AFP Shenzhen B Index +10.23 CHINA'S Shenzhen B Share Index gained 10.23 points, or 2.9 per cent, to 358.82 yesterday. Shanghai B shares rose 3 per cent to a record high for the seventh consecutive day with market laggards in active trade, dealers said. The Shanghai Stock Exchange's B
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    • Article
      Lock icon TAIPEI
      394 20 AFP yjWP Index -63J9 TAIWAN share prices closed 1.1 per cent lower yesterday as investors were sidelined due to lack of fresh leads. The Taiwan Stock Exchange Weighted Price Index shed 63.19 points to 5,432.3, on turnover of NT545.04 billion. "Investors were reluctant to trade without clear signs as
      AFP  -  394 words
    • Article
      Lock icon Tokyo stocks down 1% on profit-taking
      2065 20 TOKYO AFP ljNikka22S -***** SHARE prices in Tokyo fell one per cent yesterday on profit-taking, but maternity and nursery-related issues enjoyed sudden demand on the reports of Princess Masako's signs of pregnancy, brokers said. The Tokyo Stock Exchange's Nikkei Average fell 130.83 points to
      AFP  -  2,065 words
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  • STOCKS klse
    • Article, Illustration
      Lock icon M'sia recovers from lows to end unchanged
      426 21 AFP njCwnpoatelndßi nncfa MALAYSIAN shares closed unchanged yesterday with the main index recovering from earlier lows on bargain-hunting in key heavyweights, dealers said. The Kuala Lumpur Stock Exchange Composite Index ended at Friday's level of 581.37 points, off a low of 573.69. The
      AFP  -  426 words
    • Article
      Lock icon Untitled
      8834 21 INDUSTRIALS CoMWMT products 2001 Last Vol Day Nat Cap High Low Company Sala 'OOP High Low P/E $mll 340 290 Ajinomoto 290 unch 2 290 290 8.7 It7.5 45 24.5 Angkasa 28 2 4 28 26 41J 342 282 Apollo Food Hk) 288 -2 1 288 288 6J 115.2 356
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  • SGX clob & regional stocks
    • Article
      Lock icon Untitled
      2588 22 BOHPS A WARRANTS S2-Wnk Last Vtf hf laMak Avf M Caa* tarn Mx 'ma L r <'—»' U" Baur M* Mi MhlMk Mm <%l Til |T LaR 1° °i °1 unch 76 05 05 2 i «< »3°o 3 30 ,3 1 21 29.1 1 33 33 50 30 6
      2,588 words
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      Lock icon SEOUL
      307 22 AFP HOompoate Index -7.75 KOREAN stocks fell 1.5 per cent. The index closed down 7.75 points at 508.35. Volume was 324 million shares valued at 909 billion won. —AFP Won Anam Semi 4025 -85 Brain Tech 740 45 Central Bank 170 unch Cheil Comm ***** -1600 Dae Gu Bank
      AFP  -  307 words
    • Article
      Lock icon MANILA
      286 22 AFP Composite Index +&58 PHILIPPINE share prices closed 0.6 per cent higher yesterday as investors picked up selected bargains. The Philippine Stock Exchange Composite Index gained 8.58 points to 1,453.84. Turnover fell to 195 million shares worth 236 million pesos. —AFP Apr 16 Ptso (000) Abacus Construction 0.59 -O.Ot
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      Lock icon JAKARTA
      751 22 AFP D Composite Index -2.77 INDONESIAN share prices fell 0.76 per cent in lacklustre trade yesterday, amid fears of possible violence in the event of a second censure against President Abdurrahman Wahid on April 30. Investors were likely to wait until the end of the month before taking new
      AFP  -  751 words
  • Page 22 Advertisements
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      38 22 A weekly must-read for property buyers and sellers Thursday Thkl)l'si.\kssTi.mi-;s The Bangkok, Wellington and Sydney markets were closed yesterday Whether buying or selling properties, you get fast, effective results by advertising in Lianhe Zaobao Classified Call 1800-744-7888 now
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      8 22 :ation239 W HB S j CATS, j > c-
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  • Article
    Lock icon STOCKS sgx
    7762 23 .v mm NMM jv .aamnraMMft SGXMAINBOARD Gr Gr M MR 52-Wk LaM Vol Day Lact Quota Mv Dtv YM Nat Cap Avg High low Company Sala +<- (HOB) HMi t—r CV Pff Sa* Mca MULTI-INDUSTRY 153 39.5 cAcma50c 41.5cd-0.5 33 43.5 41.5 41.5 43 0.5 19.9 0.6 10.9
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  • Page 23 Advertisements
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  • New Asia Biz Woman
    • Article, Illustration
      Lock icon Masako to become mum in December?
      740 24 She may be pregnant with heir to Japan's Chrysanthemum Throne Reuters JAPAN'S Princess Masako may be pregnant with an heir to the Chrysanthemum Throne after nearly eight years of marriage, the Imperial Household Agency said yesterday. The agency told a hastily called news conference
      Reuters; REUTERS  -  740 words
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      468 24 j Weekly n 1 Japan's premier English-1 language business newspaper. 2 a cross-cultural of Japan. 3 comprehensive The Nikkei Weekly is Japan's premier English-language business paper, covering the entire spectrum of the Japanese economy. Over half its articles are culled from the vast editorial VTI T .ot t XT Please
      468 words
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  • Page 25 Advertisements
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      398 25 Where to wine, dine and (ol iss jjjjgg^ ■V For lunch, you can enjoy our ever popular Japanese culinary flavour while for dinner, you can tuck in to a sumptuous selection of Japanese, Asian and Western dishes, from sashimi to shark's fin soup to drunken chicken to even roast beef
      398 words
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      54 25 I SET LUNCH I at GREAT HEIGHTS i Create your own set lunch of Continental cuisine j uith strong French Italian influences. Mondays to Fridays TOD noon to 2.30pm (last order) Price: $32+ff Revolving Reservations: *****58/88 ___________________^Ho« r AfanJarin QQ Suu/aporr MERITUS 333 Orchard Road, Singapore *****7. TiifuT Tel: 737
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  • Page 25 Miscellaneous
    • Miscellaneous
      Lock icon Page 25 Miscellaneous Column 1
      950 25 The Business Times, Tuesday, April 17,2001 r tl 9.00 8 Days On 5. Chan ml XMnldK ILOO Asia Tonight. ueetr l 930 News 5 Tonight. 6.00 AM Headlines. 1130 W3 my. 9.00 AM Kids Central: Alle- 10.00 La Femme Nikita. ojo2 Asia Bevond/Know- 12.00 MN The World Togra's Window. ILOO
      950 words
    • Miscellaneous
      Lock icon Page 25 Miscellaneous Column 2
      279 25 CRYPTIC CROSSWORD ACROSS 5 Shame about American bear! 1 The individual giving personal C 7) investment a new look (5-8) 6 A beast to attack with some vtg--10 Scraps marines settled (7) our (4) 11 A cleaner from Lewisham, poor- 7 00 "leans slow to set forth 12 frains to
      279 words
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  • KNOWLEDGE economy
    • Article, Illustration
      Lock icon Unravelling the future with IT
      1488 26  -  Great advances in IT have accelerated most of the progress made in life sciences over the past 15 years. And it is where these two fields merge that technology's future lies, say yvetteflamigam and a j YVETTE FLANIGAN,A J RAMACHANDRAN The writers are from the
      Life Sciences Rajah & Tann Andersen Legal; AFP  -  1,488 words
    • Article
      Lock icon Selling the story behind the egg
      1081 27  -  The Information Age is giving way to the 'Dream Society where imagination will help sell a product, futurist Rolf Jensen tells amma too ANNA TEO COME 2025, Greenland's main export could well be legends and fairy tales, and Australia's primary product industry could have
      1,081 words
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      Lock icon Six Dream Society scenarios
      1153 27 Looking for a good storyline to stir the emotions of your customers? Then consider the following ANYONE seeking success in the market of tomorrow (or today, for that matter) will have to be a storyteller, says Rolf Jensen. In a market that is increasingly driven by
      REUTERS; FILE PHOTO  -  1,153 words
  • Page 26 Advertisements
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      120 26 proj ecteyeball. 'r: Hi v.' )j u i Where do you put your money so it doesn't get flushed down the toilet? Can men aim? Why do women clog the bathroom floor traps with hair? These are the existential questions Project Eyeball's columnists Dave Barry, Karl Ho and Serene Goh
      120 words
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      187 27 CANTONESE... WITH A STROKE OF NOSTALGIC GENIUS If only mum and dad can tell you what Braised Chicken in "Foshan" Soya Paste Sauce (ffc tU *1) tastes like, then you know you've missed the Cantonese dining splendours of the '70s! With a stroke of genius, Xin Cuisine Executive Chef Fok
      187 words
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  • CAMPUS life
    • Article
      Lock icon Picking the right US college
      663 28  -  Reports By, Adeline Chuah WITH about 3,000 institutions of higher learning scattered across 50 states, the US offers a wide range of educational opportunities. So how should a student decide where to go? What type of college suits you best? Different colleges have different characteristics,
      663 words
    • Article, Illustration
      Lock icon Getting started
      1317 28 THE American education system demands prerequisites before an applicant can be considered for admission. SAT The Scholastic Assessment Test (SAT) is a standardised test administered by The College Board. It is a prerequisite to applying to a US university. SAT I tests verbal and numerical skills. The verbal
      Source: www.usnews.com  -  1,317 words
    • Article
      Lock icon Eye opener at California State U
      677 28  -  from California By Jennifer Lien Most people, when reviewing my educational history, would probably slot me into the pigeon-hole marked "Privileged". I was fortunate to attend a top girls' school from Primary One to Secondary Four; followed that up with two years at a
      677 words
  • Page 28 Advertisements
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      135 28 citjrt This is a chat-link between undergrads and parents. So if you are an undergrad, we'd like to hear from you what life on campus tike. And If you're a parent, tell us your concern regarding a university education for your child, we also welcome feedback and suggestions from readers.
      135 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      279 29 Reuters THE Baltic Dry Index (BDI) rose one point to 1,429, the Baltic Panamax Index (BPI) gained three points to 1,560 and the Baltic Handymax Index (BHI) firmed 35 points to 9,220, while the Baltic Capes ize Index (BCI) was down four points to 1,702. TEMB-CBABTBB: ♦Sunny Wealth
      Reuters  -  279 words
    • Article
      Lock icon MARITIME STOCKS
      295 29 SIX *000 *r* St W CWT Distribution 0.48 -0.02 3 Chum Hup 0.28 -0.01 864 Cotco investment 0.16 unch 180 Freight Links 0.07 uncti 50 GB Holdings 0.39 unch 0 IMC HoMings-HK 5.60 unch 0 Jaya Hoidinqs 0.14 unch 114 KeppeiCorp 2.91 -0.09 1345 Keppei FELS 0.84 0.01
      295 words
    • Article
      Lock icon China moves to consolidate shipyards
      626 29  -  It's trying to gain market share through greater efficiency of bigger, more competitive nnits By P T Bangsberg AS part of its attempt to gain market share through greater efficiency, China is merging its plethora shipyards into larger and potentially more competitive units. The country's
      626 words
    • Article, Illustration
      Lock icon PSA signs US$5m China logistics deal
      331 29  -  New Gnangzhou JV will complement box terminal ops there By\ Donald Urquhart [SINGAPORE] PSA Corporation signed another agreement with its Guangzhou joint-venture partner yesterday aimed at developing logistics businesses in South China. The latest agreement comes only days after PSA announced it was taking
      331 words
    • MARINE insurance
      • Article, Illustration
        Lock icon Marine underwriters must balance safety with profit
        764 30  -  COMMENTARY By. Richard DeSimone The writer is president. International Union of Marine Insurance. This commentary first appeared in ABS Surveyor The challenge 01 doing business in a free market is to maintain good practice and retain personal integrity while also remaining competitive. For
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    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      180 30 PACE Appenship 5 Assets 5 Austral 6 BSA 7 B'tang Mas 6 CCNI 7 CMACGM 3 COSCO 3 CSAV 3 Central Ex 6 Cho Yang 5 China Shpg 5 tt Cougar 7 Columbus 6 It CWT Globelink 7 Delmas 4 Djak Lloyd 6 Dongnama 3 Eastrans 6
      180 words
    • Article
      Lock icon SHIPPING GUIDE
      17155 36 THEBUSINESSTIMES THEBUSINESSTIMES Page 8 EXPORT TUESDAY, APRIL 17, 2001 ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number To ABIDJAN (ABJ) 2003 Cote D'lvoire 24/04 29/05 Oelmas SAUDI JUBAIL H42W 65-*****44 25/04 16/06 COSCO EMPRESS SEA 0109W 65-*****00 01/05 05/06 Oelmas SAUDI YANBU Y42W 65-*****44
      17,155 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        787 39 Vessel Voy No Berth Arrival Departur Ideefixe 1 15/04/22:50 16/04/23:5? Orient Succ 2 J05 16/04/7:25 17/04/1530 Glorious Sue 55A J12 16/04/7:15 19/04/223C Cathay 186 1100 JM 16/04/10:20 16/04/16:30 Kian Hcnq Kh0107 J09 16/04/7:50 16/04/20KX Winstar 1 042S01 J02 '16/04/7:45 16/04/2130 Bays*aterll8 M1095 J02 16/04/8:55 M/04/22XX Langmas 3 01-Jun
        787 words
      • Article
        Lock icon CONTAINER SCHEDULES
        2073 39 RECEIVING OF EXPORT F& CONTAINERS AND LCL CARGO Booking/Mane* Rstls Ship Voy Mo Etb/Btr Ported Frow To From AC* MAGNOLIA 036A 17/8:00 2A (5/1700 N/0659 14/0900 2* 15/1700 16/0659 16/0900 3 16/0700 16/1159 N/MOO 4 N/BOO N/M99 16/1700 ACX RAFFUS 049* 17/23KW 2A 15/1700 N/0659 N/0900 n 15/1700
        2,073 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        190 39 Apr 25 Australia: Anzac Day. Italy: Liberation Day. New Zealand: Anzac Day. Apr 20 Japan: Greenery Day. Mayl Singapore: Labour Day. Thailand: Labour Day Malaysia: Labour Day Philippines: Labour Day South Korea: Labour Day China: Labour Day Hongkong: Labour Day Vietnam: Labour Day Argentina: Labour Day Belgium: Labour
        190 words
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        Lock icon COCKETT BUNKER MARKET REPORT
        769 39 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
        769 words
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        Lock icon VERITAS BUNKER QUALITY REPORT
        536 39 Carton 180 Max 991.0 2.3 13.3 0.28 194 0.06 Ayr 12 Density Water Residue Ask Aluminium Soflnwit No above E25 0 10 110 380 Ave 964.6 0.3 12.7 0.06 22 0.02 CxiM 380 Max 990.7 11 14 J 0.11 67 0.03 «w>ri »v/v %M/M mi mMmt
        536 words
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        Lock icon Australia defends watchdog over Ansett groundings
        489 40 But Air NZ chief feels penalised for alerting CASA to the problems Reuters [ADELAIDE] The Australian government yesterday defended its aviation watchdog over the grounding of 10 aircraft operated by Australia's second largest airline, Ansett, a move criticised by the airline's parent Air New
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        Lock icon Indian man dies after escaping fire aboard Sri Lankan aircraft
        239 40 AFP [COLOMBO] An Indian passenger who was injured while trying to escape a fire aboard a Sri Lankan Airlines aircraft has died in hospital, diplomats said yesterday. Kattula Sammiah, 28, was among four passengers hurt in a stampede to escape
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        Lock icon Pontiac shows its stuff
        31 40 [NEW YORK] Pontiac's Rev concept car on display at the New York International Auto Show in New York on Saturday. The show runs through April 22nd. AP
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        Lock icon HK airport's passenger traffic surges 11.3% in March
        275 40 AFP [HONGKONG] The international airport here saw a continued growth in passengers in March, but its cargo volume fell due to slackening demand in North America, Taiwan and Japan, an Airport Authority statement said yesterday. Passenger traffic in March was 2.9 million
        AFP  -  275 words
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        Lock icon SIA to launch all-cargo airline in July
        417 40  -  This latest move will cap the corporatisation of its cargo division Byi George Joseph IsiiNiiAi'UKEj Singapore Airlines is to launch an aUcargo airline in July capping the corporatisation of its cargo division. Its wholly-owned subsidiary, Singapore Airlines Cargo Ltd, received its "wings" yesterday
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        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1782 40 QTT FU6M7 CIA fUBff CT W* Mia 2230 LH6380 22)0 MM 2230 kmstrrtom S023 0635 0*974 0130 KU37 M55 K1838 2255 S024 2335 WlMMrtil MB QMS Htmm $0347 0<I0 IQ34I 2255 AacfcM W6987 1900 ****** 2045 NZ23 1900 S0285 2045 S***** 1900 N242M 2045 ioa> toe
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      358 29 Marine underwriters iMst balance safety with profit Pg2 Australia defends watchdog over Ansett groundings BackPg PEOPLE The managing director of P&O Nedlloyd Asia, Reml Speld, will retire at the end of May, after 38 years with the company. Since joining the company in the Netherlands in 1963, he has worked
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      61 29 Ml r Asia g g LJ clh r~TV 1 Urp qb|n I J |7 SHIPPING FROM HERE TO THERE? WE HAVE THE SOLUTION. Our new, weekly Asia-Mediterranean service offers a straight line direct to the heart of Asia with some of the fastest transit times on the route. Puzzle solved.
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      676 30 NORTH AMERICA GULF/INDIA SUB-CONTINENT SUPER SHUTTLE EXPRESS (SSX) QULF KARACHI fcXWtfsSS (QIOQ VOY LGB r-^T I PKIANG VBSfl VOT JEA MM BND SIN 4/(u PtO NEDUOYD MAUCCA lOC 04/04 05/04 07/04 15/04 OOCI NIW YORK 12W13 04/04 27/04 24/04 PtO NEDUOYD BANDAR ANAS 171 11/04 12/04 14/04 22/04 15 05
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      756 30 Lines services represented by *s*Members of the Registry of Members of the 111Salg Accredited Shipping Agents, S.ngopore Logistics Singapore Shipping Association Assoc.oHon ULY UNE MALE VESSEL VOY [75 Tltt ETA P. KLANG SPORE MALE Empress Uly VO4Ol 24/04 25/04 30/04 Princess Lily VO4Ol 03/05 04/05 11/05 Empress Uly VO5Ol 14/05
      756 words
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      1230 31 SAX SERVICE (DIRECT) ttSSfl VOY SIM ETA LAI OAK PAL HOU CHI CM MEM ATI NYC API SARDONYX 026E 17/01 01/02 05/02 05/02 05/02 05/02 05/02 05/02 06/02 M/ 02 AW TURQUOISE 0401 24/01 08/02 12/02 12/02 12/02 ~j2/02~ 12/02 "*****~ 13/02 13/02 AW JADE 026E 01/02 15/02 19/02 19/02
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      2065 31 T/T:IOMYS BHS Jmm f/ft 12 mti MAM i T/T*ismys SSSJSKS2SIS L. S^SS^SSJL 12 00 ItAUYtIA 8 NKKGUDANG TELO7-*****46 FAX: 07-*****70 COSTIR SHIPPING ME LTD Sfff?KL SSS&Z&H ISHSf &S&E 03-*****633 03-*****661 (X NO: **********0 M TR; 224 IWO(MAM) «WA*D(D/0) *****86 23M3 PtHAHG 04-*****99 04-*****99 T/SMPDEPT *****25 *****16/46 KUANTAN 09-*****90 09-*****90 CONVBITIONAI
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      1317 32 SENATOR LINES TO EUROPE TOMIDOtIEAST/IRAN/RH>S€A VW SIM _UH AM HAM MV IFU [vESSEL Tvot SM UE OXI M» PUNJAB SENATOR OOUW 17.04 04.05 Oi.OS 07.0S 08.05 0T.05 10.0S AISAIAMA 00MW 21.04 2104 01.05 05.05 OAOs" HANJM VANCOUVER 0071W 20.04 12.05 13.05 10.05 11.05 14.05 ASRI 0014W 2L04 MO5 08.05 12.05
      1,317 words
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      813 32 pa« m&rns wm r—TTq Carrier: MN CONTR LINES, INC p. guoang: (ot) *****28 1 -IV/ J OWWOcIIBOrfOOa- SOU: (064) *****9 MAMLA: (632) *****24 PENANG: (04) *****36 BANGKOK: (662)*****67 SURABAYA: (31) *****11 P KELANG: (03) *****77 JKT (21) *****46 KUCHING (062) *****1-3 KARACHI LAHORE MV "SINAR BANGKA" Y. 021 ETA SIN
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      493 32 EXPRESS CONTAINER FEEDER FOR INDIAN PORTS FOR N.SHEVA (CFS MULUNO. MUMBAI) COCHIN COLOMBO ALSO ACCEPTING TO ALL NORTHERN AND WESTERN LC D POINTS Vessel VOY SPORE N.SHEVA COCHIN COLOMBO PKLANG PU GLORY 108W 22 APR 01 MAY 04 MAY 07 MAY 11 MAY TULSIDAS 141 29 APR 08 MAY 11
      493 words
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      1658 33 I VESSEL VOY KHH HKO SIN PKI DXB »A» PMM MC IRAN TABATABAEI PCL-203 17/04 18/04 21/04 22/04 01/05 02/05 04/05 06/05 IRAN KERMAN PCL-204 24/04 25/04 28/04 29/04 08/05 09/05 11/05 13/05 IRAN ISFAHAN PCL-205 01/05 02/05 05/05 06/05 13/05 14/05 16/05 18/05 IRAN HORMOZGAN PCL-206 08/05 09/05 12/05
      1,658 words
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      347 33 I Loading for B TAHARA RDM/ATW/BMN/UK I GOOD FRIDAY RDM/ATW/BMN/UK I OCEAN RANGER RDM/ATW/BMN/UK I Loads Sngapore. EVW Mataysta, Indonesia I Loading for SAFEER JDH/AQA/DMT EVDOXIA HDCVJDH/AQA YA LATIF DBI/ABU/DOH/BRN/DMM/KWT PAUL X JDH/AQA/DMT SOOTHER STAR 1 JDH/AQA RAINIER DBI/ABU/DOH/BRN/DMM/KWT PIONEER SUN DBt/ABU/DOH/BRN/DMM/KWT EFFYN JDH/AQA/DMT loads Singapore. E7W. Malaysia. Indonesia I
      347 words
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      1580 33 EUttOPI tXPKESS SERVICE EXPORT IMPORT vkm vnr I mi 1 iw Im I MB ham «hv hi vk«i I vot Ira I ham 1 hi I im I ai PUNJAB SEN OUW 117/04 1 04/05 06/051 07/051 01/051 09/*****/05 HJKtUN 0231 29/03 30/03 02/04 05/04 22/04 MBS 017W 24/04 '11/
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      950 34 oduxianANmi/iucK sia/wow imvicts export VBsa/yoy<g Isgp Igp Ivkwloc |wu |rdm Ibhv [top Izh LTULYSSBOWIOtPW 22/04 (M/ 05 QM)S OM>S 1(V05 Q9/OS 11/05 \3M6 IVOS LYUNIB)OO92O46»V 29/04 11/05 13/05 15/05 17/05 16/05 18/D5 20/05 19/05 umcawoopgisw oa/os n/os 20/05 22A15 ?vos zvos 25/05 27/05 2g/05 it mm ooww ia/05 25/05 27/
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      362 34 ixpqmt VESSEL VOYAGE SGP CM! DUB DMN KM NXV AIM JED Ml EVER GOLDEN 0795-078W 19/04 23/D4 QIYUNHE 0007W 20/04 01/05 03/05 07/05 UNI AMPIi 0002-037W 22/04 27/04- 03/05 05/05 08/05 UNI PATRIOT 0662-015W 24/04 28/04 04/05 OVOS 11/05 SONGHE 0164* 27/04 08/05 10/05 14/05 UNI ASPIRE *****33* 29/04 04/05-
      362 words
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      989 34 Vtssa VOT SIN WK WTF lOt VKSEI VOT Si «T PW ANAMIHUr* 2IIN 11/04 22/04 20/04 AXAIHUM MS IMH flyM mum w—w*—m m_ mum w XETHAIHUM" 3MN 2Z/04 25/04 -24/04 U*OHP OK H/M 25/04 24/04 moo 01 st 23/0 i 27/ m u/w V& mm M—m* m i /um»Hur« *****
      989 words
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      530 34 INDONESIA NATIONAL LINE TO AUSTRALIA *T FULL COWTAiNER SERVICE va wot wo aw m tm $n> m w m. m Nil MM 075 D/ 04 24/04 30/04 06/05 01/05 11/05 ram mm ~m #/04 01/05 Ti/os 13/05 15/05 11/05 armory )7/os 01/05 u/os »/os n/05 i/« FOBPAM o*s 14/0515/85 25/05
      530 words
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      415 35 i BSA jl mm MYANMA wBHk FIVE STAR UNE 1 (MyotMr Notional Lint} w Loading for Yor^on vissa voy sin n m nu •AGO 11IW SID MONGU 45W 24/04 MALAYSIA AGENTS: BOUSTEAD SHIPPING AGENOES KUL Til 03-*****00 PRL: lEL 03-*****101 PEN: TEI 04-2****** PCtfc TEL 07-*****21/4 BANK UNE (A strvitt
      415 words
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      1191 35 HAfAf-' HYUNDAI MERCHANT MARINE CO., LTD. IVBSB. VOY IMi SOU I lIH I RTRR lAM I HAM I ROT"! IVESSR VOY SOU 7ia|RllllMll!^Sl^R^Br HYEMPBOR 334W 16/04 00/05 02/05 03/05 05/05 05/05 NOICORAL 020E 30/03 31/03 25/03 27/03 10/04 HY COMMODORE 332W 19/04 05/05 12/05 09/05 10/05 HYIARON 331E 26/03 31/03
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      945 35 vOOv WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERICA 'CAR RORO HEAVYUFT SERVICE" ivtssa vor Mif hbght sin uc mo HjTTjw ial otf I nyc new pjoT TAIAWT AH 109 400 Tow 6.3 M 26/04 03/06 06/06 08/06 10/06 11/06 13/06 17/06 19/06 TAMPER! AMIIO 4001 m 6.3 M 07/05 13/06
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      71 38 I Qj&m SINGAPORE PTE LTD 15 McCallum Street «OVOIA>2 Natwest Centre Sinfapote *****5 m Mr mm ahh Fa* (65) 2201)66 Email: (eneral9ecusln.eaillne.net RICKMERS EAST MALAYSIA Kuching/Kota Kinabalu/Muara/Sibu Tawau/Bintulu/Labuan/Sandakan See Page 4 Call: 220 3373 FREMANTLE KYOWA TJNF COCOS CHRISTMAS ISLAND WEST T E R N Guam/Saipan/ Turn to Papt 5
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  • Page 39 Miscellaneous
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      Lock icon Page 39 Miscellaneous Column 1
      115 39 A Showeis Rain Temperature C~/ Wind direction and speed in knots Weather w Cloudy Day c Sea Conditions Wind spMd symbols f~ Slight <1 am O Full circle w.-o line indicates calm or light and variable winds j —*One half fleche represents 5 knots L I Moderate. 15m 2.5 m
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