The Business Times, 17 May 2001

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Total Pages: 44
1 44 The Business Times
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  • Title Section
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    21 1 THE BUSINESS TIMES MITA (P) 107/03/2001 *tQ N ;G A p 0 R E Internet: http://business-times.asial.com.sq/ THURSDAY. MAY 17. 2001 85C
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  • Article
    Lock icon MARKET SUMMARY
    77 1 Dsn M 6173 (-33.90) □BT-SBI •47J0 (-11.63) ST INDEX FUTURES 1,649.00 (-35.00) SIMSCI FUTURES 206j0 (-3.70) STOCK MARKET INDICES Wednesday Change KLSE COMP §65.16 +3.69 NIKKEI 225 18,***** -869.76 HANG SENG 13.335.95 +86.86 SET INDEX ***** -752 JAKARTA COMP —***** +556 MANILA COMP 1,461.79 +3.82 TAIPEI WH 5,082.02
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  • Article
    Lock icon FINANCE
    80 1 FOREX BATES uss s$ USS (S$ per USS) 1.813 £(l*S$/S$ per£) 1.427 2.586 EURO(l"S$/SS/E) 0.886 1.604 DM 2.212 li20 YEN 123.8 68J0 RM 3.800 2.096 HKS 7.800 4303 BAHT 45.43 25.06 WPfAR 1t495 K909 *S$ to 100 unite PRIME RATES SINGAPORE* 5.80 KUALA LUMPUR 7.67 JAKARTA 39.00 BANGKOK 9.50
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  • Article
    Lock icon US rate cut fails to boost region's markets
    927 1  -  Focus is on US economic health; S'pore rates stay pnt By ByYen Sreenivasan and Slow Li Sen [SINGAPORE] Stock markets yesterday turned their back on the US Federal Reserve's interest rate cut, with investors focusing instead on the health of the US
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  • Article
    Lock icon MAS to raise RM800m in deal guaranteed by govt
    518 1  -  Move could see either entry of foreign strategic partner or airline's re-nationalisation From Eddie Toh in Kuala Lumpur BELEAGUERED Malaysian Airline System (MAS) has proposed to raise RMBOO million (Ss3B2 million) in a move that could either result in the entry
    518 words
  • Article
    Lock icon Retail banks may be required to cater to small depositors
    638 1  -  Bnt DPM Lee says such a burden must not be too onerous for the bank By, Angela Tan [SINGAPORE] Banks with local retail operations may be required to cater to the needs of small depositors, Monetary Authority of Singapore (MAS)
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      Lock icon Page 1 Advertisements Column 1
      64 1 INSIDE BT Comment Kenneth James: A tale of two entrepreneurs. Pg q Top Stories Investment of CPF Special Account savings has powered past $2b. Next Page DBS adds $200 m to share issue on strong demand. Rg 4 Link buildings to MRT stations, developers urged. Pg 10 US April housing
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      121 1 H«k Lock Editorial .A The Fed's Wall Street leeway I hooked on W What analysts say rate cuts Fed action will pay off in time P3t:e 3 "Page 3 Opto* buy won't ctffecL SingS in big way: DrHu,Pg 11 GIC stays secret to foil speculators, Pg 11 ifi 70 tigflfr
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      Lock icon Page 1 Advertisements Column 3
      22 1 Resaie property market BUY SELL HOLD n r- pf 2 4 i V V x 7 makeover u Exec Suite, Page 32
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  • FED rate cut
    • Article
      Lock icon The Fed's narrowing leeway
      638 2 EDITORIAL THE widely-expected 50 basis point cut in the Fed funds rate by the US Federal Reserve on Tuesday —the fifth this year —has brought US rates down to a sevenyear low. Yet, the immediate reaction from the markets seems to have been tepid, at best
      638 words
    • Article, Illustration
      Lock icon Lukewarm response from HK investors
      507 2  -  HKMA also cats its rate, while local banks look set to follow snit From Quak Hiang Whai in Hong Kong INTEREST rate cuts no longer galvanise Hong Kong stocks as investors greeted the Federal Reserve Board's overnight half-point trim with much caution yesterday. Despite the
      AP  -  507 words
    • Article
      Lock icon Investment of CPF SA funds slows in April to $432m
      555 2  -  By Genevieve Cua [SINGAPORE] Investment of CPF Special Account savings has powered past $2 billion in just four months since the CPF Investment Scheme was liberalised. But the rate of investment has slowed from the blistering pace set in the
      555 words
    • Article
      Lock icon All eyes on BOJ for action at meeting today
      682 2  -  Bnt farther easing of monetary policy deemed not likely Frorri Anthony Rowley in lokyo THE Bank of Japan's Policy Board meets today amid hopes that it may follow the example set by the US Federal Reserve this week and ease monetary
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    • ON THE grapevine
      • Article
        Lock icon If only Singapore were bigger...
        82 2 THE company that makes the "love drug" is set to put up a manufacturing plant in Singapore this year. But will pharmaceuticals giant Pfizer turn out its Viagra pills—better known as "blue diamonds" here? Certainly, there's a market; Viagra is apparently the best-selling prescription drug
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      • Article
        Lock icon All-time Dow high on the horizon?
        146 2 US investment advisory service Prudent Market Decisions has this to say about the state of the markets: "Stockmarket volatility continues to confound a sufficient number of investors so as to create a healthy dose of scepticism. Has the Dow bull market resumed? When our
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      • Article
        Lock icon Trustworthiness and the Net
        75 2 HERE are some rather disturbing findings of an Internet usage survey carried out here. The Parents Advisory Group for Internet (PAGi) survey found that 81 per cent or four-fifths of parents surveyed trust their children to behave responsibly on the Net. In contrast, only 46 per
        75 words
      • Article
        Lock icon Protecting tiger, guarding dragon
        92 2 SINGAPORE'S financial hub is guarded by two symbolic legendary animals —a green dragon and a white tiger—according to Capita Land's head honcho Liew Mun Leong. Likening Temasek Tower to "the green dragon" seated at the left, and Capita Land's Capital Tower to "the white tiger" on
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    • Article
      Lock icon Wall Street hooked on rate cuts
      878 3  -  HnftKirre!13CT7i catherine ong in new york AFTER five large cuts in interest rates in five months, what will the US Federal Reserve do for an encore? More of the same that's what Wall Street wants. Like a heroin addict, the Street is hooked on
      878 words
    • Article, Illustration
      Lock icon Analysts say Fed action will pay off – in time
      860 3 Analysts say Fed action will pay off in time Cuts will add stimulus to avoid outright recession but early turnaround for business and stock market unlikely NYT Reuters THE Federal Reserve's fifth interest rate cut this year is expected to help prevent a recession, but analysts warn an early turnaround
      NYT; Reuters  -  860 words
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      482 4 i As companies strive to enhance their shareholders' funds, there is a greater need to understand financial information, particularly balance sheets and profit and loss accounts. Decisions made without properly understanding the financial implications may lead to reduced profits (or even losses) and a reduction in shareholder value. This 2'/
      482 words
  • SINGAPORE companies
    • Article
      Lock icon DBS adds $200m to share issue on strong demand
      660 4  -  Preference shares can't be cashed out; nor is 6% rate guaranteed By Serena Ng DBS Bank has raised the size of its perpetual preference share issue by $200 million, bringing it to $900 million, following strong demand from retail and institutional
      660 words
    • Article
      Lock icon Ong Asia's merger talks still ongoing
      261 4  -  Kim Eng expected to announce strategic alliance today By Serena Ng ONG Asia said yesterday discussions with another party on a possible merger are still at a preliminary stage. The announcement came after Ong, which is Singa- pore's smallest listed brokerage by market capitalisation,
      261 words
    • Article, Illustration
      Lock icon Smaller listed firms to gain from MSCI change
      663 4 Reuters INVESTORS are likely to sell some of Singapore's biggest household names and buy smaller companies after Morgan Stanley Capital International (MSCI) unveils its newlook benchmark indices on Saturday. Firms like Singapore Airlines, Chartered Semiconductor Manufacturing and Capita Land are expected to
      Reuters; FILE PHOTOS  -  663 words
    • Article
      Lock icon Eltech shares surge on renewed takeover talk
      161 4 A REVIVAL of takeover talks drove Eltech Electronics share price up by almost 10 per cent yesterday, with the counter gaining 2.5 cents to close at 28.5 cents on 3.3 million shares traded. Explaining the reason for the jump in its share price
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    • Article
      Lock icon NatSteel falls 45% as it goes ex-entitlement
      143 4 Reuters SHARES of Singapore steel maker Nat Steel Ltd fell 45 per cent yesterday as the stock adjusted for the effect of a special one-off cash payout. Dealers said the shares started trading ex-entitle-ment yesterday meaning investors will no longer be entitled to
      Reuters  -  143 words
    • Article
      Lock icon L&M aborts takeover of Van Der Horst
      336 5 Deal fall« through as certain conditions remain nnmet L&M Group Investments' proposed acquisition of 90 per cent of Van Der Horst (VDH) is off, at least for now. In filings to the Singapore Exchange yesterday, L&M and VDH said the share acquisition agreement
      336 words
    • Article, Illustration
      Lock icon NTUC Income buys LKN-Prinsep House for $42.4m
      464 5  -  By Kalpana Rashiwala LISTED IT construction firm Lim Kah Ngam is selling LKN-Prinsep House to NTUC Income Insurance Co-op for $42.4 million or $860 psf of net lettable area. BT understands the net rental yield works out to just under 4 per cent
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    • Article
      Lock icon Asian stocks: earnings-based ratios may not be best gauge
      422 5  -  Other ratios prove better in stock selection: study By Janice Lee IF you are buying Asian stocks based on their earnings-based ratios, think again. An ING Barings study has found that this method of stock selection is not the most effective
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    • Article, Illustration
      Lock icon Challenges of globalised financial markets
      868 7  -  Up to 1,000 delegates from around the world will converge on S'pore to review trends, risks and opportunities By Larry Wee PROFESSIONALS from the world's top financial centres will meet in Singapore soon to discuss the challenges brought on by increasing globalisation of financial markets
      FILE PHOTOS  -  868 words
    • Article, Illustration
      Lock icon Media Works upbeat on ratings
      464 7  -  It has locked in over 50% of projected $27m revenues for year ending Aug By Teh Hooi Ling SPH Media Works, the broadcasting arm of Singapore Press Holdings, yesterday said it has locked in more than 50 per cent of its projected $27 million revenues
      FILE PHOTO  -  464 words
    • COMPANY Briefs
      • Article
        Lock icon Nucleus Elec Q1 profit down 35%
        109 7 NUCLEUS Electronics said net profit for the quarter to March 31 fell 35 per cent to $730,000, despite a 63.3 per cent increase in turnover to $14.3 million. Turnover rose mainly because of the introduction of a just-in-time hub for Malaysian customers and contributions
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      • Article
        Lock icon Ionics quarterly gain up 9%
        78 7 ELECTRONICS manufacturer lonics EMS said net profit rose 9 per cent for the three months to March 31 to 127.68 million Philippine pesos (554.6 million). Turnover rose to 1.9 billion pesos from 766.29 million pesos. It made a foreign exchange gain 0f33.49 million pesos versus
        78 words
      • Article
        Lock icon WBL unit gets nod for main board listing
        40 7 WBL Corp subsidiary M-Flex Singapore has obtained in-principle approval from the Singapore Exchange for a listing on the main board. WBL did not say when the initial public offer will take place.
        40 words
      • Article
        Lock icon Corrections & clarifications
        46 7 Corrections clarifications BOUSTEAD Singapore said it has completed the acquisition of 39.8 per cent of Easy Call International, not 45.2 per cent as stated in our report on Tuesday. Third parties unrelated to Boustead had bought another 5.4 per cent. We are sorry for the error.
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      Lock icon Page 5 Advertisements Column 1
      135 5 Over 2,000 refinements. Only one more addition to complete it: You. 1 -11— n^Br The new Passat. More dynamic appearance, higher levels of safety, perfected ergonomics and more. The new Passat also comes with exciting new features including an integrated child's seat, bi-xenon headlights and dashing sports dials. All to
      135 words
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  • SINGAPORE markets
    • Article
      Lock icon Untitled
      340 6 Stocks Volume AddvalTech 2.5c 17,056,000 Tianjin Zhong 13,686,000 InnoPac 20c 13,031,000 PacificCenturylOc 10,942,000 SingTel 15c 9,232,000 GES Intl Ltd 20c 9,156,000 Chart Semiconductor 26c 8,339,000 IPCO 20c 6,650,000 People's Food HGK 50c 5,678,000 Goldtron 5c 5,460,000 Stock* Chart Semiconductor 26c 45,943,100 Datacraft 10c 37,995,286 SIA 26,268,604 VentureMfg25c 19,114,600 (JOB 16,477,244
      340 words
    • Article, Illustration
      Lock icon Market shrugs oft US rate cut as Nasdaq futures tumble
      631 6  -  STOCKS r. sivanithy THE US Federal Reserve lived up to its end of the bargain, but somehow investors weren't at all impressed. In fact, judging by the punishment dished out here to technology and bank stocks yesterday, they seemed downright
      631 words
    • Article, Illustration
      Lock icon JEL wrt: worth watching
      177 6  -  WARRANT WATCH By R Sivanithy WHAT'S going on at Jurong Engineering Ltd (JEL)? In a market where prices closed sharply weaker yesterday, JEL's shares rose four cents to $1.54, while its warrants gained two cents to 10 cents. Granted, volume was low 36 lots for the
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    • Article, Illustration
      Lock icon Datacraft: more downside ahead
      206 6  -  HOT STOCK Ven Sreenivasan THE stock of systems integrator Datacraft Asia has been tumbling since the start of the year. It fell 24 US cents to U554.42 yesterday, with 4.6 million shares changing hands. Significantly, trading activity has been quite heavy on the way down. Yesterday's
      206 words
    • Article, Illustration
      Lock icon Fed rate cut leaves US$ weaker in Asian trading
      510 6  -  CURRENCIES Players speculate MAS was in market again to sell US dollars larry wee THE expected 50 basis point cut in shortterm interest rates hit US bond markets again, leaving Wall Street almost unchanged in its aftermath and the US dollar
      Source: Reuters  -  510 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    2828 6 UNIT TRUSTS FUNDS Manager's prices (Ss):May 17 Aberdeen Asset Mgt Asia Ltd Aberdeen Select Portfolio: Global MNCFd 0.772 0.812 Global Technology Fd!** 0.679 0.713 UK Blue Chip Fd!** 0.783 0.823 American Opport Fd 0.863 0.907 Cont Euro Eqty Fd!** 1.091 1.147 Japan Eqty Fd!** 1.276 1.341 Asian Fixed Income Fd
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      Lock icon Page 7 Advertisements Column 1
      5 7 jr™i "It's convenient and cost-effective."
      5 words
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      175 7 IT'S AUTUMN IN NEW ZEALANU THE LEAVES ARE FALLING AND SO ARE OUR PRICES XfldjSpjliSP market leader in NEW ZEALAND Free Independent Holidays! H I Cindy PoTan Sara Dynamic with excellent knowledge and Shares a great passion for Enthusiastic and gives ability to customize your NZ tour 1 NZ and
      175 words
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      Lock icon Page 7 Advertisements Column 3
      107 7 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions including British Virgin Islands Mauritius Cayman Islands Hongkong Bahamas Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialize in offshore trusts, offshore banks, and captive insurance companies for qualified applicants. For
      107 words
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  • LIFE sciences
    • Article
      Lock icon Players speak out
      633 8 Lee Chee Wee, associate professor at NUS and founder of Singapore's first privately funded biotech start-up, Lynk Biotech: Biggest challenges "Convincing people that we are good enough! Sometimes it seems as if we spend more time educating people than doing our own stuff. It is a perception
      633 words
    • Article, Illustration
      Lock icon A slice of life sciences
      1458 8  -  Two seminars on the business of life sciences show a momentum building in the private sector. Key players talk to ESMIIETB JAMES KENHETH JAMES SOMETIME last year, local entrepreneur Alex Thian found himself bumping against an all-too-fa-miliar brick wall. He wanted to get involved in
      WONG POK SEE/ST; JAMES CROUCHER/ST; CHRIS LOH  -  1,458 words
    • Article, Illustration
      Lock icon A tale of two entrepreneurs
      675 8  -  TECHNOLOGY Different in demeanour, they nonetheless share characteristics that the local life sciences Industry needs kenneth james WE HAD arranged to meet for the first time, and Gurinder Shahi noted cheerfully over the phone that he would be hard to miss he would be wearing
      675 words
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      379 9 Mr Robert Yap (Left) Executive Vice President, j p-$ Information Technology, PSA Corporation; w *P^R^Bb' Managing Director, IlgU Portnet.com Pte Ltd 1 Mr Oh Bee Lock (Right) > 1 Deputy Managing Director, Portnet.com Re Ltd «f dB m- V jnß pv i ig 11;! S 1 x If i f
      379 words
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  • SINGAPORE news
    • Article, Illustration
      Lock icon Pawnbroking holds its ground
      256 10  -  CVCiTT3TTW!^S^TTW By, Janice Lee DESPITE fierce competition in the banking industry resulting in attractive loan packages, the age-old pawnbroking business has held its ground. Admittedly, the volume of pawn pledges and loans has slid from a recent high during the Asian economic crisis of 1998, reflecting
      Source: Regisrtry of Pawnbrokers  -  256 words
    • Article, Illustration
      Lock icon Link buildings to MRT stations, developers urged
      263 10  -  Latest guidelines extend ÜBA's rating on underground links at Orchard Sd By Andrea Tan MINISTER for National Development Mah Bow Tan yesterday encouraged developers to build underground links from their buildings to existing or future MRT stations. The Urban Redevelopment Authority (URA) already
      RICHARD CHNG  -  263 words
    • Article, Illustration
      Lock icon Up to US$250m for Asian startups: Intel
      476 10  -  Firm maintains investment level despite slowdown in tech sector By Chua Hui Min US semiconductor giant Intel Corp plans to invest up to US$25O million to fund new technology ventures in the Asia-Pacific region including in Singapore this year, through its investment unit,
      476 words
    • Article
      Lock icon Matsushita Refrigeration awarded MHQ status by EDB
      249 10 MATSUSHITA Refrigeration Industries (S) Pte Ltd (Maris) was awarded Manufacturing Headquarters (MHQ) status by the Singapore Economic Development Board (EDB) yesterday. As an MHQ, Maris will be responsible for all the company's product and capability charters. It will also support its four sister
      249 words
    • Article
      Lock icon Institute of Chemical Sciences to be built by 2002
      319 10 PLANS to set up a chemicals research institute in Singapore are well on track, with an Institute of Chemical Sciences (ICS) to be built on Jurong Island by 2002, the National Science and Technology Board (NSTB) said yesterday. The new institute
      319 words
    • Article, Illustration
      Lock icon 188 units of The Eden EC to be launched on Sat
      557 10  -  By Vince Chong FOUR of the best blocks —188 units in total of The Eden, an executive condominium (EC) in Tampines, will be launched at the weekend, said marketing agents Knight Frank. Average pricing for the initial launch has
      557 words
    • Article
      Lock icon Districentre space in Tagore Lane for lease and sale
      162 10 SIANG How Realty, a local industrial developer and investor, is offering showroom and warehouse space for sale as well as lease at its freehold Markono Distri Centre at Tagore Lane. DTZ Debenham Tie Leung, which is marketing the refurbished five-storey strata-title
      162 words
    • Article
      Lock icon S'pore's Kinetic Interactive takes home top ad awards
      228 10  -  By Melissa Sim HOMEGROWN Kinetic Interactive was the only advertising agency in the world to win twin honours at the recent One Show Interactive Awards in New York. On top of that, it was the only Asian agency to bag an award.
      228 words
    • Article, Illustration
      Lock icon Optus deal won't have big impact on Sing $, says Dr Hu
      852 11  - Optus deal won't have big impact on Sing says Dr Hu PARLIAMENT REPORTS ASZ approves Sing Tel listing ex-Temasek's holdings Byi Chuang Peck Ming, Teh Hooi Ling SINGAPORE Telecommunications may be paying big bucks for Australia's Optus but the sum will still not be large enough to move the Singapore
      FILE PHOTO  -  852 words
    • Article
      Lock icon M1, EdgeMatrix form wireless research unit
      366 11  -  By Chen Xuifen MOBILEONE Pte Ltd and technology company EdgeMatrix Pte Ltd have tied up to form an independent wireless research centre in Singapore. Called the Wireless Intellect Labs, the centre is the first of its kind in the Asia-Pa-cific and will take up
      366 words
    • Article
      Lock icon Inno-Pac did announce plans
      326 11  -  MAiLisrm Chew Kok Liang Managing Director Inno-Pacific Holdings Ltd I REFER to the letter "Inno-Pac can do better on capital cut" by Tan Kien Giap (Mailbag, May 11). The letter gave the misleading impression that Inno-Pac did not disclose its proposal for a capital reduction, and
      326 words
    • Article, Illustration
      Lock icon France's Pechiney looking for more Singaporean investors
      575 11  -  CEO says GIC is among investors sought by the aluminium company By Conrad Raj ONE of the world's largest aluminium companies,. France's Peehiney, is looking for more Singaporean investors, including the Singapore government, to buy its shares. "We are not big borrowers, but
      575 words
    • Article
      Lock icon RTC, return $20,600 per member
      83 11  -  Tan Kok Teng Singapore TO see some justice done for Raffles Town Club members, this formula should perhaps be used to compensate the members of the club. 1f5,000 members joined and paid $28,000 each, this would have yielded the club's owners $140 million. But since
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    • PARLIAMENT Briefs
      • Article
        Lock icon Commodity traders must be licensed
        141 11 ANYONE who wants to engage in commodity trading must now apply for a licence under the Commodity Futures Amendment Bill passed in Parliament yesterday. Those who fail to qualify will have to shut down their operations. Aimed at bucket shops that take advantage of unsophisticated
        141 words
      • Article
        Lock icon Timber Industry Act felled
        123 11 THE timber trade, which has been reduced to the importing and re-exporting of timber, will be fully deregulated thanks to the repeal of the Timber Industry Act. Parliament yesterday gave the go-ahead for the repeal of the Act introduced in 1974 when Singapore was a leading
        123 words
    • Article
      Lock icon GIC stays secret to foil speculators
      400 11  -  By Chuang Peck Ming THE government wants to keep speculators guessing, and will continue to draw a veil across the accounts of Government of Singapore Investment Corporation (GIC) to prevent attacks on the Singapore dollar. "Publishing this information would make it easier for would-be
      400 words
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      69 11 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
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      Lock icon Page 11 Advertisements Column 2
      214 11 Good-class bungalow land in Prime Area up for tender A UNIQUE opportunity to acquire a quiet, prime and exclusive bungalow in a Good Class Bungalow Zoning Area which is located in District 10, off Holland Road. The area is in close proximity to the Central Area and it boasts at
      214 words
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  • ANALYSIS & opinion
    • Article, Illustration
      Lock icon Clueless and with cracked crystal balls
      821 12  -  theibHl ITOT^TBTT3 OPINION robert samuelson The Washington Post Writers Group THE US economy's slide has one familiar feature: few, if any, economists predicted it We should not be surprised Economists routinely miss the turning points of business cycles and, indeed, have missed most of
      The Washington Post Writers Group  -  821 words
    • Article
      Lock icon IN OTHER WORDS
      47 12 'Politicians don't understand the science, or they manipulate it to their own purposes. Scientists, who don't understand politics, always think they'll beheard -Ton Levy president of the California Water Contractors Association, on a calamity facing much of the world as fresh water reserves disappear.
      47 words
    • Article, Illustration
      Lock icon Small step towards a common Asian currency
      1167 12  -  Swap arrangements signed by Japan augnr well for improved monetary cooperation throughout the region From Anthony Rowley The writer is BT's Tokyo correspondent in Honolulu IT might have appeared that the Asean plus Three group was bolting the stable door after the proverbial
      AP  -  1,167 words
    • Article
      Lock icon Doesn't the non-tech world count?
      795 12  -  COMMENTARIES The Fed seems intent on mainly helping the Ciscos and the Intels By Caroline Baum The writer is a columnist for Bloomberg News. The opinions expressed are her own. Bloomberg [NEW YORK] Wall Street has so much invested in the New Economy and the
      Bloomberg  -  795 words
    • Article
      Lock icon Bush's universal elixir: that tax cut
      733 12  -  By Paul Krugman The writer is a professor of economics at Princeton University NYT SCENES from the selling of the tax cut: January 2001: The White House economic adviser Lawrence Lindsey argues that George W Bush's tax cut not interest rate cuts is the
      NYT  -  733 words
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  • MALAYSIA news
    • Article
      Lock icon Opposition leader slams Star's plan to purchase Nanyang Press
      457 13  -  DAP's Lim Kit Siang says it's another sign of creeping political ownership of media From Eddie Toh in Kuala Lumpur THE Star Publication's plan to acquire Nanyang Press has come under attack by the Opposition as yet another sign of the
      457 words
    • Article
      Lock icon Commerce Asset posts flat Q1 net earnings
      501 13 KUALA LUMPUR Reuters MALAYSIA'S No 2 banking group, Commerce Asset-Holding Bhd, reported flat first quarter earnings yesterday as higher provisions for bad debts wiped out gains from a rise in lending income. Net profit in the first quarter ended March 31 rose a
      Reuters  -  501 words
    • MALAYSIA Briefs
      • Article
        Lock icon 1.230 Maybank staff to leave
        88 13 Reuters [KUALA LUMPUR] Malaysia's top bank Malayan Banking Bhd (Maybank) said yesterday it has completed an exercise to cut its workforce by 10 per cent at a cost of RM9O million (5542.9 million). Maybank received 1,934 applications for its voluntary separation scheme of which 1,230
        Reuters  -  88 words
      • Article
        Lock icon Sime Q3 results due in end May
        56 13 Reuters [KUALA LUMPUR] Malaysian conglomerate Sime Darby Bhd on May 30 will release its financial results for the third quarter to March 31,2001, the company said. Multex Global Estimate put the full-year net profit consensus for the group at RM595.7 million (*****.1 million)
        Reuters  -  56 words
      • Article
        Lock icon M'sia March mfg sales up
        62 13 AP [KUALA LUMPUR] Malaysia's manufacturing sales climbed in March compared to February, but the number of employees fell slightly amid concerns about sales of electrical products, the government statistics agency said yesterday. Sales in March rose 3.8 per cent from February, but were down 1.1
        AP  -  62 words
    • Article, Illustration
      Lock icon Racing beauties
      55 13 [KUALA LUMPUR] Japan's Grand Touring (GT) models show the 2001 Japan GT Race Malaysian round poster during the promotion at a shopping center in Kuala Lumpur on Wednesday. A total of3o GT cars will take part in the Japan GT festival in Malaysia starting June 22 this year
      AP  -  55 words
    • Article
      Lock icon Indian firms Satyam and Infosys eyeing MSC, says official
      247 13 KUALA LUMPUR AP TWO Indian software giants have expressed interest in investing in Malaysia's ambitious high-tech project the Multimedia Super Corridor, a senior official said yesterday. The firms, Satyam Computer Services and Infosys Technologies, are in preliminary talks to establish a
      AP  -  247 words
    • Article
      Lock icon Malaysia's inflation index in April up 1.6%: Dept of Stats
      256 13 KUALA LUMPUR Prices of cars, drags and tobacco have been raised Bloomberg MALAYSIA'S inflation rate rose in April after carmakers, drug retailers and tobacco producers raised prices to compensate for higher costs. The consumer price index rose 1.6 per cent
      Bloomberg  -  256 words
    • Article
      Lock icon MTUC chief says union to monitor pension fund
      347 13 KUALA LUMPUR He adds onion will 'regulate' EPFs investment activities Reuters A MALAYSIAN workers union has said it would set up a special committee to monitor the Employees Provident Fund (EPF), the country's biggest pension fund. Malaysian Trade Union Congress (MTUC) president
      Reuters  -  347 words
    • Article
      Lock icon RHB Capital suffers 58% drop in Q3 earnings
      292 13 KUALA LUMPUR Reuters MALAYSIAN banking and stockbroking group RHB Capital Bhd yesterday reported a 58 per cent drop in thirdquarter earnings and warned that full-year results could be worse than the previous year. Net profit in the third quarter ended March fell
      Reuters  -  292 words
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      16 13 EDUCATION/ TRAINING The Straits Times Classified. [catal Classifications 703 794. Buy It. SeO It. Find It.
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      110 13 YOUR COMPANY SHOULDN'T JUST LOOK GOOD ON PAPER V Companies ought to have offices that are as impressive as their financial statements. Premises that will not only make a good impression on clients, but one that will also inspire employees. At BOSS Design, we understand the power of appearances. We
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  • REGIONAL news
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      Lock icon Megawati will fare no better: think-tank
      356 14 LONDON London-based lISS says Indon troubles a drag on Asean A RESPECTED think-tank says Indonesian Vice-Presi-dent Megawati Sukarnoputri will replace President Abdurrahman Wahid by legal means this year but will be little more successful in stabilising the sprawling country. In its annual Strategic Survey,
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    • Article
      Lock icon Top Indon politicians meet to defuse crisis
      568 14  -  Leaders identify 7 key issues, including preventing nation from going bankmpt By Shoeb Kadga [SINGAPORE] As Indonesia's economic and political time bomb ticks away, the country's senior politicians were cloistered in crisis talks yesterday in an attempt to defuse the situation. The talks,
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      Lock icon HK salaries rise 3-6% in 12 months
      179 14 Reuters [HONG KONG] Salaries in Hong Kong's private sector rose between 2.95 per cent and 6.15 per cent in the past 12 months, with the higher-paid getting bigger raises, the government said yesterday. Employees earning below HK515,160 (553.522) per month got an average
      Reuters  -  179 words
    • Article
      Lock icon Indonesia needs US$28b to fund power projects
      169 14 JAKARTA AFP INDONESIA needs some U5528.45 billion in fresh foreign investment over the next decade to stave off a power crisis, which has already started to hit some parts of the country, a report said yesterday. Mines and energy direc-tor-general of electricity Luluk
      AFP  -  169 words
    • Article
      Lock icon AT&T unit files complaint against Indon phone firm
      294 14 JAKARTA It files USsl.3b arbitration case to reach settlement with Telkom over 1995 contract AP PT Ariawest International, a telecommunications company partly owned by US-based AT and T Corp, said yesterday that it had filed a US$l.3 billion arbitration case against an
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      Lock icon Acer chief ready to quit if he can't turn company around
      374 14 Stan Shih will take the step if revamp doesn't work in 2 yrs [SINGAPORE] Acer founder and chairman Stan Shih has said he is ready to resign if he cannot turn the financially troubled company around within two years.
      374 words
    • ASIA Notes
      • Article
        Lock icon Taipei airport faults ruled out: report
        69 14 AFP ITAlrElj Taiwanese prosecutors investigating a Singapore Airlines jet crash, in which 83 people were killed, have ruled out faults with Taiwanese airport facilities for the tragedy, it was reported here yesterday. But the prosecutors' office spokesman Chiang Kui-chang denied the reported accounts were
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      • Article
        Lock icon Indofood share buy-back approved
        77 14 Reuters [JAKARTA] PT Indofood Sukses Makmur yesterday said that shareholders had agreed to plans to buy back up to 10 per cent of its shares from the public between June 1, 2001, and Nov 30,2002, and to issue buy options for employees. The moves would bump
        Reuters  -  77 words
      • Article
        Lock icon Hanoi clears US$359m power project
        57 14 Reuters [HANOI] The Vietnamese government has approved construction of a US$359 million gas-fired power plant led by energy giant BP, an official from the state utility Electricity of Vietnam said yesterday. The approval was granted on Monday for parties to move forward in building the
        Reuters  -  57 words
      • Article
        Lock icon Bank Mandiri Q1 net is 749b rupiah
        47 14 Reuters [JAKARTA] Bank Mandiri, Indonesia's largest bank and scheduled to be privatised this year, yesterday said preliminary figures show net profit of around 749 billion rupiah (*****.4 million) in the first quarter, well above the government target 0f363 billion rupiah.—Reuters
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      Lock icon Philippines back in business: Arroyo
      545 15  -  She names new finance secretary in bid to woo foreign investors back Prom Al Labita in Manila PRESIDENT Gloria Arroyo yesterday named a new finance secretary, saying the Philippines "is now back in business", in a bid to placate foreign investors who are disillusioned by
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      Lock icon India's Satyam surges 21% on NYSE debut
      336 15 NEW YORK Reuters US investors displayed a healthy appetite for foreign technology on Tuesday, snapping up shares of Satyam Computer Services, India's fourth largest IT services provider, on its New York Stock Exchange debut. American Depositary Receipts (ADRs) of Satyam surged more than
      Reuters  -  336 words
    • Article
      Lock icon Sinha swears by reforms
      220 15 HONGKONG AFP INDIAN Finance Minister Yashwant Sinha yesterday insisted he will press ahead with economic reforms despite calls from hardline Hindu groups for him to be sacked for "anti-Indian" policies. Mr Sinha, speaking at a Credit Lyonnais Securities Asia investors' forum here, was forthright when asked
      AFP  -  220 words
    • Article
      Lock icon Nomura to stop stock trading in Philippines
      261 15 MANILA Bloomberg NOMURA Securities Co, Japan's largest broker, said it plans to stop trading shares in the Philippines, less than two years after it started operating in one of Asia's poorest performing markets. "We're not withdrawing our business," Nomura spokesman Yasuo Kashiwagi said.
      Bloomberg  -  261 words
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      Lock icon HSBC takes control of Taiwan fund manager for US$103m
      349 15 TAIPEI It intends to buyout remaining minorities by year-end Bloomberg HSBC Holdings Pic, Europe's biggest bank, said it would pay US$lO3 million for China Development Industrial Bank's 53 per cent stake in China Securities Investment Trust Corp, Taiwan's largest fund manager.
      Bloomberg  -  349 words
    • Article
      Lock icon China firms' profits shine amid global slowdown
      654 15 HONGKONG Soaring earnings of firms like PetroChina driving stock rally Bloomberg CHINESE companies are coping with a global economic slowdown better than most. Total earnings at the 64 Hong Kong-traded China stocks tracked in a CLSA Ltd Index rose 137 per cent last
      Bloomberg  -  654 words
    • Article, Illustration
      Lock icon HK to cull 4,700 chickens to prevent bird flu outbreak
      295 15 Reuters [HONG KONG] Hong Kong yesterday announced it would slaughter some 4,700 chickens to prevent a repeat of the 1997 outbreak of the deadly "bird flu". Secretary for the Environment and Food, Lily Yam, told a news conference that the
      Reuters; REUTERS  -  295 words
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      Lock icon PricewaterhouseCoopers offers fraud tip-off service to firms in India
      285 15 NEW DELHI Reuters PRICEWATERHOUSECOOPERS (PWC), the world's largest accounting firm, has launched a service in India to help employees blow the whistle on fraud or any other wrongdoing in their companies. The service called EthiCall will allow employees of firms signing
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      117 14 EU, US on collision course: lISS, Pg 19 ■Hw a fl <9 s' il^B ■k JH In. iH& i, iwl fijjj {TTTJII'IJAVSIB Companies can nominate themselves by completing the official nomination form. Companies must be home-grown, privately-owned and incorporated under Singapore's Companies Act (1994 Revised Z 1 Edition), with three
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  • e-NEWS
    • Article
      Lock icon Bugs to haunt 3G service: NEC head
      441 16 TOKYO Hard to get rid of software bugs from system: Koji Nishigaki Reuters NEC Corp president Koji Nishigaki said yesterday that software bugs will haunt troubled third-genera-tion (3G) mobile phone services after their planned launch in the latter half of this year. "It's
      Reuters  -  441 words
    • Article
      Lock icon New cyber addresses from next month
      357 16 Companies can start mring .biz and info extensions Bloomberg, AFP [MARINA DEL REY, California] Businesses can begin registering Internet addresses ending with dot-biz and dot-info as soon as next month. The new Web extensions are the first to be added since the mid-1980s, according
      Bloomberg,; AFP  -  357 words
    • Article
      Lock icon Sony video games to feature AOL services
      331 16 NEW YORK Deal signed to bring ■services like e-mail to Play Station 2 Bloomberg AOL Time Warner Inc, the biggest Internet and media company, said it will work with Sony Corp's video-game unit to provide AOL services such as e-mail to users of
      Bloomberg  -  331 words
    • Article
      Lock icon Rolex sues Ebay over alleged fake-watch sale
      159 16 SAN JOSE, California Bloomberg EBAY Inc, the largest Internet auction company, is being sued by the maker of Rolex watches over the alleged sale of counterfeits on Ebay's German Web site. Montres Rolex SA, based in Geneva, Switzerland, filed a suit in Cologne,
      Bloomberg  -  159 words
    • Article
      Lock icon Sprint says Q2 and full-year earnings will miss forecasts
      427 17 WESTWOOD, Kansas It cites falling rates for long-distance phone calls, local competition Bloomberg Reuters SPRINT Corp, the third-larg-est US long-distance phone company, said on Tuesday that second-quarter and fullyear earnings will miss forecasts after prices for phone calls declined. Second-quarter earnings
      Bloomberg; Reuters  -  427 words
    • Article
      Lock icon Cable & Wireless earnings drop 29% to £2.6b
      304 17 Cable Wireless earnings drop 29% to £2.6b LONDON Bloomberg Reuters CABLE Wireless pic, the world's third largest network for Internet service providers, said fiscal 2001 profit fell 29 per cent as it sold off some businesses to focus on corporate customers. Net income fell to £2.63 billion (Ss6.B billion) in
      Bloomberg; Reuters  -  304 words
    • Article
      Lock icon Seoul to give billions of dollars to prop up Hynix
      391 17 SEOUL AFP THE South Korean government is set to give billions of dollars of new public funds to prop up Hynix Semiconductor and other debt-stricken firms, officials said yesterday. Extra funds will be injected into state-run Seoul Guarantee Insurance Co,
      AFP  -  391 words
    • Article
      Lock icon Profit shrinks 42% at NTT unit
      325 17 TOKYO NTT Communications fails to meet forecast; NTT DoCoMo nps stake in Hutchison Telephone Bloomberg NTT Communications Corp, the long-distance and international call unit of Japan's biggest phone company, said earnings dropped in the fiscal year just ended, falling short of its forecast. The
      Bloomberg  -  325 words
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      217 17 Exchange Traded Funds or ETFs are open-ended investment funds that are listed and traded on an Exchange. They are designed to track Strtite Timet Mai (P»r.#d IWO 2MO) MM PM>l MT I*M KM) WCI S.wL (NnM 1»M »M) On JMM ;,M0- ,M# 7 :imtm) jfi P|P '*represented in the ETF
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  • WORLD news
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      Lock icon April US CPI up 0.3%, lower than expected
      713 18 I WASHINGTON The modest rise is due in part to the largest decline in clothing costs in more than 50 years Bloomberg US consumer prices rose less than expected in April, restrained in part by the largest decline in clothing costs in
      Bloomberg  -  713 words
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      Lock icon Europe's CPI at highest level since start of euro
      483 18 BRUSSELS inflation remains major problem as Apr prices rise Bloomberg Reuters EUROPEAN consumer prices rose in April to their highest since the start of the common currency, even as the European Central Bank predicted inflation will recede. Consumer prices rose 0.5
      Bloomberg; Reuters  -  483 words
    • Article, Illustration
      Lock icon Funds favour tech stocks again
      499 18 Fond managers expect profit growth to improve: poll Bloomberg [LONDON] Fund managers around the world plan to raise stakes in Internet and computer-related companies in the belief that recent stock gains in those sectors will continue, according to a Merrill Lynch Co survey. The number
      Bloomberg; FILE PHOTO  -  499 words
    • Article
      Lock icon IMF urges S Korea to keep current fiscal policy to boost growth
      450 18 SEOUL Reuters THE International Monetary Fund (IMF) urged South Korea yesterday to press ahead with expansionary fiscal policy to ride out an economic slowdown. "Given that growth is weak, macroeconomic policies need to be supportive of growth," Ajai
      Reuters  -  450 words
    • Article, Illustration
      Lock icon BHP, Billiton closer to sealing merger
      439 18 SYDNEY Billiton shareholders give thumbs up to Ass7bdeal AFP, Reuters BHP Ltd and Billiton pic yesterday moved closer to consumating the biggest corporate marriage in Australian history as both companies welcomed shareholder support for the deal in London overnight. Billiton shareholders voted overwhelmingly in
      AFP,; Reuters; REUTERS  -  439 words
    • Article, Illustration
      Lock icon Toyota H2 profit soars 52% to 311b yen
      567 18 TOKYO Bloomberg TOYOTA Motor Corp's second half profit rose a better-than-expected 52 per cent and the third largest automaker forecast a fourth year of record sales, led by US demand for its light trucks. Toyota implied that group net income rose to
      Bloomberg; AP  -  567 words
    • Article
      Lock icon Saudi prince may buy Shell Mex House in London
      214 18 LONDON Reuters SAUDI Arabian billionaire Prince Alwaleed bin Talal, with more than US$4OO million to spend, may snap up Shell Mex House in central London, an Arabic daily reported on Tuesday. London-based Asharq alAwsat, quoting real estate sources, said Prince Alwaleed
      Reuters  -  214 words
    • Article, Illustration
      Lock icon EU, US could be on collision course: report
      647 19 lISS says EU needs to adopt more positive approach to avert foreign-policy collision AFP [LONDON] The European Union could be on a collision course with Washington unless it adopts a more positive approach to its collective foreign policy, the International Institute for
      AFP  -  647 words
    • Article
      Lock icon Key Senate body approves US$1t tax cut bill
      530 19 WASHINGTON Bosh gets bipartisan win as 4 Democrats cross party lines LATWP A KEY Senate committee on Tuesday approved a US$l.35 trillion, 11-year tax cut bill that included all the major elements of President George W Bush's tax relief agenda, handing him
      LATWP  -  530 words
    • Article
      Lock icon Softbank's Son now Japan's No 3 taxpayer
      295 19 TOKYO He doubles his payment, jumps from No 16 spot in 2000 Bloomberg MASAYOSHI Son, the 43-year-old founder of Softbank Corp, more than doubled his contribution to Japan's finances this year as the country's No 3 taxpayer. Mr Son, who jumped from No
      Bloomberg  -  295 words
    • Article, Illustration
      Lock icon Mexico slides into recession as exports shrink
      673 20 MEXICO CITY GDP falls 0.3% in the lstqtr after shrinking 0.8% in the 4th qtr Bloomberg MEXICO, which exports 80 per cent of its goods to the US, is in recession. The economy shrank in the first quarter from the fourth quarter, the
      Bloomberg; AP  -  673 words
    • Article
      Lock icon SEC seeks to bar ex-Sunbeam boss from directorships
      509 20 WEST PALM BEACH, Florida Dunl&p accused of involvement in 'pomp and dnmp' scheme NYT THE US Securities and Exchange Commission (SEC) on Tuesday came right out and said what shareholders have been saying for three years now that Al Dunlap allegedly used
      NYT  -  509 words
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      Lock icon Buffett sells Citigroup shares, keeps core holdings
      442 20 NEW YORK Reuters WARREN Buffett, the billionaire investor, sold about US$6O million worth of shares in banking-insurance giant Citigroup Inc in the first three months of the year. But he kept the main holdings intact in his US$2B billion stock portfolio, according to
      Reuters; Source: Reuters  -  442 words
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      Lock icon 260 blackout hours for California this summer
      538 20 WASHINGTON State may be nnable to serve equivalent of 3.75 million homes LATWP NYT CALIFORNIA will experience up to 260 hours of electrical blackouts this summer, an industry group predicted on Tuesday in one of the gloomiest assessments of the state's energy crisis.
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      Lock icon Opec sees oil demand rising by 900,000 bpd
      227 20 SEOUL Bloomberg THE Organisation of Petroleum Exporting Countries (Opec) expects world oil demand this year to grow by 900,000 barrels per day (bpd) from last year. Its forecast is about 10 per cent lower than the lEA's projection last week of 1.02
      Bloomberg  -  227 words
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      114 19 DBS preferred investment issue We have increased the size of our retail offer to Ssl2s million. Non-cumulative Preference Shares rated aa3 by Moody's Investor Services* 6°/o dividend per annum until 2011 and floating rate thereafter** Offering Price: SSIOO per share, payable in full on application Minimum Investment: SS 1,000 Offer
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      907 20 NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 IN THE MATTER OF THE COMPANIES ACT, CAP.SO AND IN THE MATTER OF PAC ASIAN MARINE SERVICES PTE LTD (In Liquidation) At an Extraordinary General Meeting of Members of PAC ASIAN MARINE SERVICES PTE LTD duly convened and held
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  • FINANCE & commodities
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      Lock icon STI May contract tumbles 2%
      285 21  -  S6Z Derivatives Trading Report CTlnde*/MS&S'pore Index Wong Ann Chuen Refco Singapore Pte Ltd SINGAPORE stocks yesterday posted the biggest oneday drop in five weeks, on concern that the Fed's fifth interest rate cut of 50 basis points to 4 per cent and discount rate cut
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      Lock icon Futures slide further in heavy volumes
      236 21  -  MSd Taiwan Index Wong Ann Chuen Refco Singapore Pte Ltd TAIWAN stocks feU yesterday for a third consecutive day despite a 50 basis point interest rate cut delivered by the US Federal Reserve. The MSCI Taiwan Stock Index shed 3.18 points, or 1.36 per
      236 words
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      Lock icon CURRENCY REPORT
      237 21 London Reuters THE euro rose as much as one per cent against the yen and the US dollar yesterday as corporate demand and talk of central bank commercial orders overshadowed the previous day's US interest rate cut. However, the temporary nature of the commercial business transacted meant the
      Reuters  -  237 words
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      Lock icon Untitled
      1229 21 nrrEBBimi cross rates Ma v 16 A$ C$ b> Ew Fir Hi HC Ind Is hpiaH Yew Won KM NZSPlfc** Hto S$ tand Sfr NTS BUt Pownd US$ Australia 0.808 4.338 0.591 3.878 1.156 4.077 24.533 59.724 0.647 6.844 1.986 1-242 32.162 26.203 0.948 4.172 0.906 17.230 23.749 0.366 0.523
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      1872 21 SICOMPPTPEBS May 16 RUBBER (futures closing as at 5.30pm) RSS1 CONTRACTS cents/kg) Close Votamt Optn Month Htqh Low Sttt (towns) Merest So 0 1 IS:?! 250 Aug 01 m 50 250 Sep 01 M- 50 250 RSS3CONTRACT(UScents/kg) 7° ta T .°P*? Month Hlflh Low Sttt (tows) Interest 6150 6000 6050
      1,872 words
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  • STOCKS east asia
    • Article, Illustration
      Lock icon Hopes of further US rate cuts lift HK shares
      2870 22 BOKO BONG AFP 1 3 HangSeng +8SL86 HONG KONG share prices rose 0.6 per cent yesterday on hopes of further US interest rate cuts, dealers said. The Hang Seng Index closed up 85.86 points at 13,335.95 on a turnover of HK$10.72
      AFP  -  2,870 words
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      Lock icon CHINA
      1113 22 Reuters Shenzhen B Index +L19 CHINA'S B shares closed up yesterday as investors snapped up shares in telecom equipment maker Eastern Communications (Eastcom) after it was awarded a contract by the China Unicom Group. Shanghai-listed Eastcom, China's largest capitalised B share firm and among the most expensive B shares,
      Reuters; Source: Credit Lyonnais Securities (Asia) Ltd  -  1,113 words
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      Lock icon TAIPEI
      394 22 AFP Q WP Index -76i77 TAIWAN share prices shed 1.5 per cent yesterday in lacklustre trade as Wall Street ended flat overnight despite a rate cut, dealers said. The Taiwan Stock Exchange Weighted Price Index fell 76.77 points to 5,082.02, on this year's lowest turnover of NT$35.87 billion. Losers
      AFP  -  394 words
    • Article
      Lock icon Tokyo shares fall 2.6% amid earnings jitters
      2089 22 TOKYO AFP □Nikkei 225 -3S8.76 TOKYO stocks fell 2.6 per cent yesterday in nervous trading as investors braced for a raft of earnings reports by heavyweight companies, brokers said. Tokyo's Nikkei-225 Average closed down 359.76 points at 13,694.27. "From the outset, buying sentiment
      AFP  -  2,089 words
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  • STOCKS klse
    • Article, Illustration
      Lock icon US rate cut sparks KL share rebound
      430 23 AFP, AFX-Asia Fl Composite Intel +3JP MALAYSIAN shares closed 0.7 per cent higher yesterday after three straight days of losses on a rebound sparked by the US interest rate cut, dealers said. The Kuala Lumpur Stock Exchange Composite Index rose 3.69 points to
      AFP,; AFX-Asia  -  430 words
    • Article
      Lock icon Untitled
      8747 23 INDUSTRIALS CtMMMf protects 2001 Lart Vol Day Nat Cap Hlqti Low Company Sato 'OOP HUH Lew P/t $11* 340 290 Ajinomoto 292 U tia.4 45 24.5 Angkasa 28.5 -0.5 21 29 28 42.0 342 282 Apollo Food Hlg 306 6 1 306 306 6.7 122.4 356 266 Asm File 280
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  • SGX clob & regional stocks
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      2324 24 tfWPIUI SHI Mi BOMPS A WAERAMTS May 16 *1 Mi M I* Last M Bey UiUnli Ml HmK Cm* tar Mac MM* H*torn I 1 fcH rw») U. Mfc WCWMh Mm <*> I* r nc 0.5 1 41.0 1 300 681 77.00 2 37 0.5 S Acma W*****4 3 17
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      Lock icon BANGKOK
      729 24 AFP O SET Index -7.22 THAI shares fell sharply yesterday, shedding 2.3 per cent amid profit-taking in bank issues and lacklustre firstquarter results from non-fi-nancial companies, analysts said. The Stock Exchange of Thailand (SET) Composite Index fell 7.22 points to close at 300.25 points, while the SET 50 Index
      AFP  -  729 words
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      Lock icon MANILA
      287 24 AFP jjP Composite Index +£82 PHILIPPINE stock prices rose 0.3 per cent yesterday. The Philippine Stock Exchange Composite Index rose 3.82 points to 1,461.79. Turnover fell to 159 million shares worth 311 million pesos from 344 million shares worth 497 million pesos on Tuesday.—AFP my It N«o ('<XX» Abacus
      AFP  -  287 words
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      Lock icon JAKARTA
      740 24 AFP PfOompoatelndBi *&35 INDONESIAN share prices closed 1.4 per cent higher yesterday on late buying across the board amid growing optimism that President Abdurrahman Wahid would be impeached, dealers said. The Composite Index closed up 5.35 points at 376.23 on a turnover of 798 million shares valued at 411.62
      AFP  -  740 words
    • Article
      Lock icon WELLINGTON
      275 24 AFP □lBSE-40 -m NEW Zealand shares fell 0.3 per cent yesterday, ignoring a rate cut of a quarter percentage point by the central bank. The NZSE-40 Capital Index ended down 6.39 points at 2,073.32, on a turnover of NZ$68.46 million. Telecom Corp fell to a low of NZ$5.93, down
      AFP  -  275 words
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      Lock icon SYDNEY
      554 24 AFP Q AD Ordinaries -MO AUSTRALIAN shares closed 0.3 per cent lower yesterday. The All Ordinaries Index eased 9.8 points to 3,316.8, while the SP/ASX 200 Index closed 10.1 points weaker at 3,380.1. The All Resources Index rose 18.1 points to 1,560, but the All Industrials Index shed 30.8
      AFP  -  554 words
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      Lock icon SEOUL
      315 24 AFP CI Composite Index -8J0 SEOUL'S Composite Index fell 1.5 per cent, or 8.90 points, to 572.40 yesterday. Volume stood at 521 million shares wcrin 19 trillion on. AFP Car "4 k* !fr S»--r!l .4505 -95 8"3hT:cli SCO 0 Cer'rjl 6e"li -..'TO 0 Cheil Csxn *****0 1500 Osr Ob
      AFP  -  315 words
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  • Article
    Lock icon STOCKS sgx
    8116 25 SGXMAINBOARD Gr Gr M MR S2-Wk Last Vol Day iact Quote Dfc M» TH MM Cap HWi Low Company Sate W- COOB) Wflh Low »nyor S*i Cut Wt W Ma MULTI-INDUSTRY 143 35 cAcmaSOc 38.5 cd -0.5 203 39 37.5 38 38.5 0.5 19.9 0.6 10.1 663 40
    8,116 words
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      63 25 Le de depuis <£ AVAILABLE AT: SINGAPOKfc: Regional Agent, Showroom ft Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED. Cortina Watch Centre Per Ltd fljJp 501 Orchard Road #03-10/11 Wheelock Place Singapore 2 *****. Tel: 23 8 667 8 Fax: 2 38 6676. Raffles City #01-36 Tel: *****85 Lucky Plaza #01-32
      63 words
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      221 26 Where to wine, dine and entertain«rt(ols& jfigpSS Dine in style under the stars in Singapore and be enchanted by our relaxing and beautiful Balinese poolside ambience and accompanying live music. Complemented with a mouth-watering spread of BBQ steak, prawn, chicken curry and torn yam soup and other International Buffet items
      221 words
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      Lock icon Page 26 Advertisements Column 2
      90 26 KOJAk FAIR Lunch Highlight at MarinA Bistro l fal J l the Express Counter k itL from Mondays to jl JH| the month of May. But, only rojak we are serving, our chefs are coming up with a different local special every week all at reasonable prices. So, come on
      90 words
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      Lock icon Page 26 Advertisements Column 3
      44 26 illrf £fl Mm' 0 Sushi bar Noodle house on the riverfront tTI, dm Open 7 days Lunch 12noon 2.30pm ~>5 Dinner 6pm 10.30pm Hotline 233 1 126 Grand Copth or n c Witcr f r on t Hot v I Sinq,l p or e
      44 words
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      Lock icon Page 26 Advertisements Column 4
      16 26 m a m BtATI A i si" L Jk Win 6« Dine Mt KiiMHoin I Times
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      Lock icon Page 26 Advertisements Column 5
      33 26 of fA .festival of VV ine Ouisine ofy l lsace,. ranee Revolvinc 9to 20 May 2001 Reservations 831 6258/88 Mandarin Swgaporr m.. 333 Orchard Road, Singapore *****7 Tel: 737 4411 Fax: 732 2361
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  • Page 26 Miscellaneous
    • Miscellaneous
      Lock icon Page 26 Miscellaneous Column 1
      905 26 rm trnl Our Lives. Shopping. 434 Corpora te 2.00 Thurs Afternoon Mov- 5.00 Gelora. Watch/Knowing Asia. 9.00 AM Kids Central: Alle- ie: Divas. 530 Rahsia Haiwan. 5.00 Asia Today. gra's Window. 4,00 Gary Rhodes At The Ta- (LOO Aroma. 530 Asian Market Report. 030 Nini's Tree House. 630 Piramid. «.oo
      905 words
    • Miscellaneous
      Lock icon Page 26 Miscellaneous Column 2
      322 26 CRYPTIC CROSSWORD T1 [2 p~~I E~~| [5 I F~ LJjtjß I I iT" iPMII iHHfli u wmh IIHHH __B IHBp ACROSS 4 Doctor hiding nothing about 1 Drink left out, we hear, in the average (8) drizzle (6, 4) 5 Putting out fires shows extra bit 6 Shellfish left in
      322 words
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  • New Asia Biz Woman
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      Lock icon An empress for Japan?
      652 27 The law may be changed to allow that, since a royal baby girl may come LAT-WP [TOKYO] THE Imperial Household Agency confirmed on Tuesday that Princess Masako is pregnant with a long-awaited heir to the 2,000-year-old Chrysanthemum Throne. No announcement has yet been made on the
      LAT-WP; AP; FILE PHOTO  -  652 words
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      51 27 what to eat > drink > buy > watch > htar > plug into HIHWUI -Weekend 12 thursday-sunday may 17 20 2001 *II I L TI iH( L. M (■■■■MMiHii JBSHK? > singaporeans have a hot weekend > sexiest swimwear around > food to cool you down > sensational biani
      51 words
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      919 27 ASPIAL CORPORATION LIMITED (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of the Company will be held at 55 Übi Avenue 1 #07-11 Übi 55 Building Singapore *****5 on 31 May 2001 at 0930 hours for the following
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      328 28 Last 2 days to sign up! W 111 I 111 n?oon°lLs in sB H ili 11 w TNp Big Walk 2000 i I -mm fl *;.*5 B B fl »#Ji^::^i:l wft I I I I I I Hfc> JH fl i fl fl B B ,v J )^^BWHUPM|||^Ki ,^^B i
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      140 29 Markono Distri Centre 5-Storey Warehouse/Showroom Freehold Units For Sale/Lease Prominently located alongTagore Lane, off Upper TTiomson Road Excellent corporate-like development Sizes from 1,830 sf to 5,780 sf Floor loading: 15 KN/m 2 to 17 KN/m 2 Excellent loading/unloading facilities Ample surface car/lorry parking lots Highly accessible via the CTE, SLE
      140 words
  • PROPERTY
    • Article, Illustration
      Lock icon Retail 21: boon or bane?
      1411 29  -  uvmtuia wong assesses the government's initiative to give the retail sector a boost CYNTHIA WONG The writer is associate director, regional research consultancy, Jones Lang LaSalle. She specialises in local research and real estate consultancy for South Asia. AGAINST the backdrop of ever-rising competition in
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    • Article
      Lock icon New homes for sale
      525 29 DEVELOPER/OWNER DISTRICT LOCATION SIZE TOTAL UNITS NO. OF PRICE TENURE (sq ft) LAUNCHED UNfTSSOLD (Spsf) Abode at Devonshire TTH Devt 9 Devonshire Rd 1,012-2,756 26 4 1,288 FH No 1 Holt Rd RiyanPteLtd 10 HoltRd 1,561-3,197 40 na 1,100 FH Holt Residences Centrepoint Prop 10 HoltRd
      525 words
    • Article
      Lock icon CityDev launches US$100m office building in Seoul
      221 29  -  By Andrea Tan CITY Development (CDL) this week launched its US$lOO million prime office building in Seoul. Once owned by Daewoo, the building has been renamed Seoul City Tower. CDL bought the partially completed building in a 5050 joint venture with US real
      221 words
    • Article, Illustration
      Lock icon How green is your property?
      1522 31  -  Property managers can play a crucial role in identifying and implementing schemes that help to conserve the environment PROPERTYI..I,I.kI.IJ..IJ.U Bv Jordan Neo The writer is managing director of Knight Frank Estate Management Pte Ltd. He is also a member of the Singapore Institute of Surveyors
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  • GARDENING
    • Article, Illustration
      Lock icon Test of a gardener's patience
      835 30  -  Highly susceptible to attacks by caterpillars, the Cycad is not the easiest of plants to grow. Perseverance and a philosophical attitude are necessary, says thxek. QARDENER'Sim THIEN THEY draw moths like a naked flame in the darkest night. And nine times out of 10, when
      THIEN  -  835 words
  • Article
    Lock icon HOUSE HUNT
    2403 30 Property transactions for selected districts lodged between Jan 8 and May 14. PROJECT NAME/ PROP CONTRACT TENURE BUILT-IN/ PRICE PSF STREET NAME TYPE OATE LAND AREA* (SOFT) (SS'OOO) (SS) District 16 Aquarius By The Park Apt 09/04/2001 99 893 535 598 Aquarius By The Park Apt 23/03/2001 99
    2,403 words
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      137 31 Locate its owner through Classification 821 (Found). Simply call C.A.T.S. at 1800-737-1166 for this free service. ft CATS. I Another Classified Service PRIME FREEHOLD CONDOMINIUM SITE OFF NEWTON RD FOR SALE BY PRIVATE TREATY Land Area 75,950 sqft Plot Ratio 2.8 Height 36 storeys Distance to MRT 10 mins walk
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      159 31 INVESTMENT ~M Residential Development Site <L. For Sale By Tender Grange Road <r wco~to Land area approx. 20,325 sq ft Freehold r _r*«_ A/ Plot ratio 2.1 r 7r t ?/£w Height control up to 24 storeys y SUBJECT 'sV Single owner selling PROPERTY \V Tender Closing 8 June 2001
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      313 31 I ROTORUA LAKES RESORT SPA Invest in New Zealand made and capitalise on our clean, green global image We are delighted to offer you a situated to capitalise on the fastest-growing CHOOSE YOUR OWN LUXURY INVESTMENT unique opportunity to buy a piece high-income tourism sector in the world 81 j
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  • EXECUTIVE Suite
    • Article, Illustration
      Lock icon Face off in the resale property market
      1110 32  -  With homebuyers waiting for prices to fail further and sellers holding on to their properties in the hope of better prices, the resale market remains in the doldrums, reports vniCECBOMO VINCE CHONG A STANDOFF. That appears to be what is happening between buyers
      1,110 words
    • Article, Illustration
      Lock icon Millennium & Copthorne hotels get a makeover
      439 32  - Millennium Copthorne hotels get a makeover The five hotels in S'pore are being refurbished in a bid to improve earnings By Andrea Tan THE five hotels in Singapore under Lon-don-listed Millennium Copthorne (M&C) are being jazzed up in a bid to improve earnings. Last month, M&C, which is controlled by
      ARTHUR LEE  -  439 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      267 33 Reuters THE Baltic Dry Index (BDI) fell two points to 1,479, the Baltic Panamax Index (BPI) lost seven points to 1,560, the Baltic Handymax Index (BHI) firmed 53 points to 9,592 and the Baltic Capesize Index (BCI) was down four points to 1,810. TIME-CHARTER: ♦Quorn (built 1996) 179,000
      Reuters  -  267 words
    • Article
      Lock icon MARITIME STOCKS
      310 33 sax 'ooo MeyH s$ Vol CWT Distribution 0.57 0.01 35 Chuan Hup 0.30 -0.01 205 Cosco Investment 0.19 unch 305 Freight Links 0.08 -0.01 277 GB Holdings 0.38 unch 0 IMC Holdings-HK 5.60 unch 0 Jay* Holdings 0.15 unch 150 Keppel Corp 3.38 -0.12 453 Keppel FELS 0.97
      310 words
    • Article, Illustration
      Lock icon More effective probes needed to cut bulker losses
      463 33  -  Better transparency will minimise loss of life, pollution at sea: Intercargo Reports by Donald Urquhart [SINGAPORE] Over a 10-year period, 134 bulk cargo ships amounting to 5.9 million dwt have been lost taking 740 lives with them, according to a recent report
      Source: Intercargo  -  463 words
    • Article
      Lock icon Older bulk carriers most at risk
      230 33 [SINGAPORE] Analysis of bulker losses over a 10-year period from 1991 shows a general level of consistency in the average age and annual total deadweight of the ships lost, according to a report released by the International Association of Dry Cargo Shipowners (Intercargo). The
      230 words
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      Lock icon Back EU complaint against Seoul: Japan yards tell Tokyo
      530 33 Japan should take Europe's side if case goes to WTO Bloomberg [TOKYO] Japanese shipbuilders called on their government to back European Union criticism of South Korean subsidies and tax breaks given to shipyards, including supporting any complaint to the World Trade
      Bloomberg; REUTERS  -  530 words
    • Article
      Lock icon NYK to offer burials at sea
      83 33 [SINGAPORE] Aiming to capitalise on the high price of graveyard plots in Japan and the popularity of scattering loved one's ashes at sea, Japanese liner shipping company Nippon Yusen Kaisha (NYK Line) has announced plans to introduce funeral services at sea. NYK is linking
      83 words
    • Article
      Lock icon More route changes with changing trade patterns
      371 33  -  By Beth Jinks [SINGAPORE] Changing world trade patterns have led to a jump in route changes and new services among a number of shipping lines that call at Singapore. The New World Alliance (TNWA) of APL, Hyundai Merchant Marine (HMM) and Mitsui OSK
      371 words
    • Article
      Lock icon Korean shipbuilders deny accepting unprofitable jobs
      557 33  -  NEWRUILDS By David Hughes THE Korean Shipbuilders' Association has hit back against the latest batch of claims made by European shipbuilders and politicians that its members are taking contracts at a loss. The wrangling between the two sides, which has now seen Japanese builders
      557 words
    • HONG KONG logistics
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        Lock icon Tight squeeze on suitable logistics sites in HK
        692 34  -  Hongkong must urgently provide more modern warehousing capacity if it wants to retain its position as a regional transport and logistics hub, reports p t bamosbbrg P T BANGSBERG Hong kong risks its regional position as a transport and logistics hub unless
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    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      171 34 PACE Appenship 5 Assets 5 Austral 6 BSA 7 B'tang Mas 6 CCNI 7 CMACGM 3 COSCO 3 Colony Log 5 CSAV 3 It Central Ex 6 Cho Yang 5 China Shpg 5 Cougar 7 t CWT Globelink 7 Delmas 4 Djak lloyd 6 Dongnama 3 £Ct
      171 words
    • Article
      Lock icon SHIPPING GUIDE
      17360 40 THEBUSINESSTIMES THEBUSINESSTIMES Pages EXPORT THURSDAY, MAY 17, 2001 ETA ETA Advertiser Vnul Voyage Telephone SIN Dest'n Mime ■■■SbSmHHBiSSSbSm To ABIDJAN (ABJ) 2003 Cot* D'lvoire 29/05 03/07 Ddmes VILLE DC AQUARIUS U43W (5-*****44 30/05 n/07 COSCO EMPRESS PHOENIX 0W3W 65-*****00 05/06 10/07 Ddmes VILLE DE ANT ARES L43W 65-*****44
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    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        748 43 Vessel Voy Ho Berth Arrival Departure Soc Capocor 60 J 'jtf 16/05/5:50 16/05/19:00 Flo-Ra 4 JOS 16/05/7:35 17/05/18:00 C Progress 16/05 J*) 16/05/7:50 16/05/17:00 Bintan Mitra OVMay J03 16/05/7:15 16/05/23:00 Winstar 8 014S01 J03 16/05/7:15 16/05/15^)0 Bayswater118 M1119 J03 16/05/9:10 16/05/21^0 Thor Scan 01-Jan J17 16/05/10:45 17/05/1830 Bt
        748 words
      • Article
        Lock icon CONTAINER SCHEDULES
        2011 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/Mine* Rstls Ship Voy No Eth/Btr Ptriod From To From AC« EAGIE 0098 17/23:59 B/BOO B/859 15/1900 2 A 15/1700 M/0659 16/0900 21 IS/1700 M/0659 16/0900 16/0700 M/189 H/MOO 4 16/1200 16/1459 16/1700 AC* SWAN 458 17/15:30 15/1500 8/M9* B/1900
        2,011 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        183 43 May 17 Norway: Constitution Day May 24 Belgium: Ascension Day Finland: Ascension Day Netherlands: Ascension Day Indonesia: Christ Ascension Day May 28 US: Spring Bank Holiday UK: Memorial Day Canada: Victoria Day June 2 Malaysia: King's Birthday Jane 4 Malaysia: Birthday's of Prophet Mohammed SAW Indonesia: Birthday's of
        183 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        808 43 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the mar ket. Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and
        808 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        563 43 Carbon 180 Max 990.2 0.S 13.3 0.07 40 0.03 May to tensity Water Residue Ash Aluminium Sediment No above E25 0 0 0 0 0 0 r-TZ" 380 Ave 984.9 0J 13.1 0.06 22 0.02 t „<N. 380 Mat 989.7 0.9 15.6 0.09 67 0.04 U/M'3
        563 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon EC may block Lufthansa's route pact with Austrian Air
        368 44 Commission cites higher fares, no flight choice as reasons Bloomberg [BRUSSELS] The European Commission has threatened to block a route-sharing agreement between Deutsche Lufthansa AG and Austrian Airlines AG, sending a signal it is taking a tougher line on airline alliances.
        Bloomberg; FILE PHOTO  -  368 words
      • Article
        Lock icon EC warns airlines against cargo price fixing
        244 44 It says lata cargo tariff talks restrict price competition Reuters [BRUSSELS] The European Commission said it had sent a legal warning to the International Air Transport Association (lata) over airlines' system of consulting each other on cargo tariffs which it considers anti-competitive. Airlines
        Reuters  -  244 words
      • Article, Illustration
        Lock icon Vietnam Airlines to sign code-sharing deal with US carrier
        306 44 AP [HANOl] Vietnam Airlines, the country's national carrier, will announce next month code-sharing agreement with a US airline, a company official said. The arrangement, the first with a US airline, will facilitate easier connections between the two countries, vicepresident of Commercial
        AP; AFP  -  306 words
      • Article
        Lock icon Austrian Air's Q1 loss widens to 61m euros
        289 44 Expenses soar on consolidation of Landa Air, aircraft purchase, fuel costs Bloomberg [VIENNA] Austrian Airlines Group, whose co-chief executives agreed to step down on Monday, said its pre-tax loss widened in the first quarter after the integration of Lauda Air AG boosted
        Bloomberg  -  289 words
      • Article, Illustration
        Lock icon No pay hike for United's flight attendants this year
        327 44 Its attendant costs exceed industry gtanflnrflg; mling Reuters [WASHINGTON] Flight attendants at UAL Corp's United Airlines will not get a pay raise this year, according to an arbitration ruling. A three-member panel found on May 10 the carrier's flight attendant costs
        Reuters; FILE PHOTO  -  327 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1829 44 an njoff ro wan to MMl 0*7301 mo 0*7302 2085 w MO ore tm ImMI S03Z7 0706 CA970 000 IU037 1455 HI 838 2255 »4 zm mm SOMT Ota M340 Avckltfld N***** 2045 ****** 2045 sh> am sam urn mm* OTMO QMS S*riO*flMft BI421 TWO $0182
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      708 34 NORTH AMERICA GULF/INDIA SUB-CONTINENT SUPER SHUTTLE EXPRESS (SSX) |GULF KARACHI EXPRESS (QKX) VESSEL YOT LGB mmm lST mmm PKLANO VESSE VOT JEA DMN M 0 OOaMmAN 41W16 25/04 13/05 15/05 PtO NEDUOYD APAPA 031 02/05 03/05 05/05 13/05 PtO NEDUOYD MALACCA HE 09/05 10/05 12/05 20/05 OOQ AMERICA 51W17 02/05
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      Lock icon Page 34 Advertisements Column 2
      762 34 nes sefv,ces represented by (i_ Members of the Registry of Members of the Accredited Shipping Agents, Sin 9aP° re Logistics Ng«izjy Singapore Shipping Association Association g ULY UNE MALE vessel Tvoy ITS \~m eta r. KLANG STORE MALE Princess Lily VO4Ol 18/05 19/05 27/05 Empress Lily VO5Ol 03/06 04/06 12/06
      762 words
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      1209 35 SAX SERVKE (DIRECT) VESSEL VOY SIN ETA LAX OAK DAL HOU CHI COL MEM ATI NYC An SARDONYX 026E 17/01 01/02 OS/02 05/02 05/02 05/02 05/02 05/02 06/02 06/02 An TURQUOISE 040E 2470 i 08/02 12/02 12/02 12/02 12/02 12/02 12/02 13/02 13/02 An JADE 026E 01/02 15/02 19/02 19/02
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      1647 35 TO AftEN T/T: 10 DAYS JIDDAH > T/T: 12 DAYS I AQABA T/T 115 DAYS J GOOM AGENTS IN SINGAPORE: 80 ROMNSONRD #12-00 SAUS/MGS TIL 4205*57/43 FAX: *****21/71 MALAYSIA OFFICE PASIR GUDANG 10:07-*****66 FAX: 07-*****70 COCTAD SHIPPING PTf LTD SINGAPORE *****8 OUTWARD (R/l) *****02 *****25/75 PORT KLANG 03-*****633 03-*****668 Vlii
      1,647 words
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      Lock icon Page 35 Advertisements Column 3
      393 35 VESSEL VOY SIN JKT SUB MJtm M IMJ WltJAWtt 103S 11/05 ZVPS 77/1)5 29/05 30/05 OZ/06 kmTC PIISAW IfIZS 71/QS 23ZQ5 75/05 ——H gf l $1 8$ m~ HYUNDAI SHIM 037E 20/05 14/05 29/05 KMTC MOWGKOWG IO7S 10/05 72/05 107N 73/05 27/05 29/05 01/00 01/00 05/04 y O Y SIN
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      1407 36 C SENATOR LINES TO EUROPE TO MPOtf EAST/RAN/RED SEA vtssa vot sw uh «m urn ham wv m vtssa yor sw no dm jp m HANJMPMK 0020W 15.05 01.M 010* 04.04 05.06 04.0* 07.06 JUMUTMUM 00 MW IMS 26.05 W.OS 0106 0106 IRAK FREDA 0080W 1105 0106 10.06 07.06 0106
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      1066 36 am MAC-HELS SPORE M'SIA rrr—l carrier: MN CONTR LINES, INC P. GUOANG: (07) *****26 l~rVy V~ J cm MOi iaDOB7MOOM SOU: (064) *****9 MANILA: (632) *****24 PENANG: (04) *****36 BANGKOK: (662)*****67 SURABAYA: (31) *****11 P. KELAHG: (03) *****77 JKT: (21) *****46 KUCHWG (082) *****1-3 ADELAIDE 1 HAMBURG AEHARVI/ MV "MH
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      Lock icon Page 36 Advertisements Column 3
      441 36 EXPRESS CONTAINER FEEDER FOR INDIAN PORTS FOR N.SHEVA (CFS MULUND. MUMBAI) COCHIN COLOMBO ALSO ACCEPTING TO ALL NORTHERN AND WESTERN 1.C.0 POINTS Vessel VOY SPORE N.SHEVA COCHIN COLOMBO P.KLANG TULSIDAS 142 20 MAY 29 MAY 01JUN 04 JUN 08JUN FRONTIER 110W 27 MAY FOR DISCHARGING ONLY/PHASED OUT PU GLORY 110W
      441 words
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      1411 37 IVESSEI VOY KHH HKG I SIN I PKL PXB BAB DMM BIK IRAN TEHRAN PCI-207 15/05 16/05 19/05 20/05 27/05 20/05 30/05 01/06 IRAN TABATABAEI PCL-208 22/05 23/05 26/05 27/05 03/06 04/06 06/06 03/06 IRAN KERMAN PCL-209 29/05 30/05 02/06 03/06 10/06 11/06 13/06 15/06 IRAN ISFAHAN PCL-210 05/06 06/06
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      Lock icon Page 37 Advertisements Column 2
      369 37 OCEAN RANGER RDM/ATW/BMNAJK I EFESSOS RDM/ATW/BMNAJK I Loads E7W fnlrtniniii, Indonwla I Loading for MORNING STAR DBVABU/DOH/BRN/DMM/KWT WAGLANUGHT DBfABU/DOH/BRN/DMM/KWT SEA RENOWN DBVABU/DOH/BRN/DMM/KWT CORALI ADN/HDO RAN EXPRESS HDCVJDH/AQA LDMTROVA JDH/AQA toads Singapore, E7W. Malaysia, Indonesia ILoadng for I OCEAN EVER MZUCAM/NFK/SAV/NOL I DEE FIXE CAM/NFK/NOL I 'Loads EVW. Malaysia, Indonesia I
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      1195 37 EXPORT IMPORT vbm |m |«|M|i|m[Mi|myi|iHY|M sb» vot limn ham m |talsw HJ tOW 014W T 27/05 1 03/06 j 10/O*T 11/06, 12/06 13/*****/06 HJ WASHINGTON 0321 26/04 28/04 30/04 03/05 ***** WpONGStN '01 «W ;05/0* 22/06 24/06 1 25/06 26/06 27/06 JB/06 HJ LONDON 0351 10/05 12/05 14/05 17/05 03/06
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      1240 38 riftflWiTf ""TF/ffMW WIT fIOHBPBHT IHVWI IXPOW VESSEL VOYAGE SGPCMIDW DMN KM NXVAIMJD AQR YUHE 0168W 18/05 29/05 31/05 04/04 UN AMPLE 0006-038W 21/05 25/05 31/15 02/04 04/04 UNI PREMIER *****02W 22/05 2M5 01/04 02/K 01/04- LT GLOBE 080M90W 24/05 29/05- XIANGHE OI7OW 25/05- 05/ M 07/04 11/D4 UNI ASPIRE 0007-034*
      1,240 words
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      843 38 vtssa vot sm m _jm_ ioT" vpsa I vot I sm I jkt I pjn Humvm m i9/os 23/ os 72/ os haiiihum 132 u/m 22/ os XETHA »HUM" 3>7H W/D5 23/05 MS UAOHt' OH 70/05 73/05 74/05 KAIDO 0171 71/05 75/05 75/05 »A«»AIOSSA» LH 71/05 ~7S/0S iani IHUM mT~im
      843 words
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      Lock icon Page 38 Advertisements Column 3
      523 38 INDONESIA NATIONAL LINE TO AUSTRALIA "T FULL CONTAINER SEPMCE. va wr m aw m m stp m m> m. m imnHK ms n/05n/#5 a/os oj/mos/m h/m row MUM "ST a/05 »/05 m/mio/mh/m ii/i~ miwar ""Ik" h/Q605/nt Ti/w iyot n/ot rarsoM los h/m n/tt s/mm/mm/m w/otFEEDER SERVICE TO INDONESIA va vot
      523 words
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      413 39 BSA i. mm. MYANMA pBBk FIVE STAR UNE vT (Myanmar National Line) w Loading lor Yangon VESSEL VOY SIN K1 KK PGU ■AGO 118W SU) MONG LA 45W SU) MALAYSIA AGENTS: OOUSTEAD SHIPPING AGENCIES KUL TIL 03-*****300 PKL TIL 03-*****101 PEN: Ttt 04-*****02 PGU: TE 07-*****21/4 BANK LINE (A service
      413 words
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      1178 39 HMNKHYUNDA^^ERCHANTJWARINECOj^TD^^^^ IVBSa VOY an SOUIIEHI RTM I ANT I HAN BRV [vfSSa I VOY I SOU I LBI I BTM I ANT I HAM I BRV BSM APISPMB IOIW 17/05 04/06 09/06 06/06 07/06 J*""** JJ® "'J* 25/14 J J/® MOl ADVANTAGE 002W 10/05 01/06 09/06 03/06 05/06 51! I
      1,178 words
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      961 39 v\JOv WALLENIUS WILHELMSEN TO NORTH AND UTINAMERKA M(M RORO NEAVYUFT SERVICE" IVISSa VOY IW HEIGHT SW IK* MAO MIA SAV BAL OtF I NYC NEW MOT TEXAS AHIII 4001ns 6.3 M 21/05 27/06 30/06 02/07 04/07 05/07 07/07 11/07 13/07 TOM AHII2 4001 MS 6.3 M 09/06 15/07 IS/07 20/07
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      72 42 •»I SINGAPORE PTE LTD 15 McCallum Street #OJ-0IA)2 Natwest Centre Singapore *****5 h b mm mmm Fax: (651 *****66 Email: ceneral9ecusin.eculine.net ■3 I Website: httpy/www.eculine.net EAST MALAYSIA L| W't Kuching/KotaKinabalu/Muara/Sibu Tawau/Bintulu/Labuan/Sandakan See Page 4 Call: 220 3373 FREMANTLE KYOWA TJNF COCOS CHRISTMAS ISLAND WESTERNI AWTRALIA Guam/Saipan/ Turn to PageS Daily
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  • Page 43 Miscellaneous
    • Miscellaneous
      Lock icon Page 43 Miscellaneous Column 1
      120 43 103E 113E 12BE rfSiS^J LEGEND Issued by Meteorological Service Singapore K Thunderstorm Temperature Wind direction and speed in knots Ra,n Weather Cloudy Day C** 3 Hazy Sea Conditions Wind speed symbols I Slight <1 2m O Full circle w/o line indicates calm or light and variable winds c i F
      120 words
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