The Business Times, 22 May 2001

Lock icon This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.

Total Pages: 40
1 40 The Business Times
  • 22 1 THE BUSINESS TIMES MITA (P) 107/03/2001 S I N.G A P O R [Ef j Internet: http://business-times.asial.com.sg/ TUESDAY, MAY 22, 2001 85C
    22 words
  • 78 1 Dsn MNJK+4.OS) BT-SBI 664J1 (+3.62) »ST INDEX FUTURES MMLOO (unch) SDKSCI FUTURES aoej (-0.70) STOCK MARKET INDICES Friday Change KLSE COMP 554.36 -3J0 NIKKEI 225 14.17&83 +299.06 HANG SENG 13,***** —+***** SET INDEX ***** -2.43 JAKARTA COMP 380.38 +3.58 MANILA COMP 1,451.76 +3.14 TAIPEI WPI i958.61 -153.06 SEOUL
    78 words
  • 80 1 FOREX SATES us$ s$ USS (SS per USS) 1.812 £(USS/SS per 1.437 2.605 EURO(USS/SS/E) 0.876 1587 DM 2.233 1232 YEN 123.2 68.00 RM 3.800 2.097 HKS 7.800 4.305 BAHT 45.62 25.17 RUPIAH 11,455 6,322 *SS to 100 units PRIME SATES SINGAPORE* 5.80 KUALA LUMPUR 7.67 JAKARTA ..39.00 BANGKOK 9.50
    80 words
  • 678 1  -  P Takeover of high-quality POSBank assets played a major part By Siow Li Sen [SINGAPORE] The asset quality of DBS Bank has improved substantially, and the takeover of POSBank played a major part, according to newly-disclosed figures on non-performing loans (NPLs). Singapore's biggest
    678 words
  • 752 1  -  Exports to Asia fall; growing 'reverse imports' adding to deflationary pressures From Anthony Rowley in Tokyo JAPAN'S trade surplus plunged dramatically in April as exports to Asia fell, while imports from the region continued to climb, the Ministry of Finance announced yesterday. The
    752 words
  • 845 1  -  They say the share and cash option is closest to being'fair' By' Teh Hooi Ling [SINGAPORE] The independent directors of Cable Wireless Optus have recommended that Optus shareholders accept Singapore Telecommunications' offer to buy the company's shares. They said in a letter to
    ARTHUR LEE; AP  -  845 words
  • Page 1 Advertisements
    • 70 1 ongpg Top Stories Vickers HK in dispute over derivative transaction. Pg4 Brieriey to sell stake in James Hardie. Pg 7 Snags still to be ironed out in US-Spore FTA talks. Pg 11 Due diligence in IT: rude wake-up call for venure capitalists. Pg 12 Richard Li may have to retrench
      70 words
    • 30 1 The with a tidal wave of reforms, new technology and What are the players doing and what's in it for the consumer? Find out in Banking Finance. With BT tomorrow.
      30 words
    • 112 1 f.e»! H™ Shih Housing loan war gets hotter 10 MSCI revamp CE soars, I ittle impact on other stocks Next Page Jb jQ J^UfL t' ajgir JKffgp* > ;sy, v jr Wl* |y Wt. u^^^flpftjr js^j^»«» < HAD DV WTMQTHM full Classic proportions and graceful ergonomic lines that fit perfectly
      112 words
    • 22 1 Sing Tel again wooing Time dot Com: source, Next Page Hock Lock Slew: Should Sing Tel try taking over CyberWorks now? Pg4
      22 words

  • NEXT page
    • ON THE grapevine
      • 140 2 ACTION for Aids (AFA) is holding its biennial cyclethon, Riding for Life 2001, to help raise funds for people living with HIV/Aids. This year's seven-day event starts in Kota Bahru, Malaysia, on June 4, and ends 900 km later in Singapore on June 10.
        140 words
      • 62 2 WHEN DBS staff want to know what's going on in the group, they turn on the television. DBS-TV, an in-house corporate communications channel, was launched last year and has proved to be simple yet effective. Styled after the popular American current affairs programme 60
        62 words
      • 100 2 DBS Group Holdings' managing director for corporate relations, Charles "Chuck" Newton, has decided to call it quits by August. "I'm a builder, not a manager, and the building is largely done," Mr Newton, 55, was quoted by Bloomberg as saying. "The goal was
        100 words
    • 346 2  -  It quashes market talk that drove GE to record high despite MSCI exclusion By Andrea Tan [SINGAPORE] OCBC Bank yesterday poured cold water on speculation that it would soon divest its cross-share-holdings through subsidiary Great Eastern Holdings and take the insurer private. "OCBC Bank
      346 words
    • 529 2  -  It is also exploring opportunities with 2 M'sian cellular operators From Eddie Toh in Kuala Lumpur SINGAPORE Telecommunications Ltd (Sing Tel) has renewed its interest in Time dot Com although the Singapore giant is said to be exploring opportunities with two Malaysian cellular operators
      529 words
    • 577 2  -  MS& REVAMP Domestic economy, corporate fundamentals of greater concern By Ling Su Ann [SINGAPORE! The widely expected changes to the MSCI indices had little effect on the Singapore stock market yesterday, as local concerns over economic health and corporate earnings put a damper
      577 words
    • 488 2  -  Creative, Chartered, ST Assembly expected to benefit By] Eugene Low [SINGAPORE] Locally-incor-porated companies that are listed here and in the US may soon be allowed to just use US Generally Accepted Accounting Principles (GAAP), if the government accepts a recommendation by
      RICHARD CHNG  -  488 words
  • Page 2 Advertisements

  • Page 3 Advertisements
    • 416 3 a< r% BHh V A a ADBIAWWTAW J AWGCHEEKOK J ANGLAYTIM J AW LAI HU AT J KEN Mt J "ggjg* J OOH CHAW JOO J GOH YIK UANG J KMC WK KiANG J AIEXHOi J MS*SosiwGH fl KANMAWFAI J IHPEWGKAI J AimDUM J t QW KOK HAM lOY CHIt
      416 words

  • SINGAPORE companies
    • 474 4  -  Market source puts nominal valne of trade at HKs6om From Quak Hiang Whai in Hong Kong VICKERS Ballas Holdings, which is expected to complete its merger with DBS Securities next week, is embroiled in a multi-million dollar dispute over a derivative-related transaction at
      474 words
    • 682 4  -  lock siew lee han shih HOW that Singapore Telecom is almost sure of getting Optus of Australia, what can it do for an encore? Well, it could take over its arch rival, Pacific Century CyberWorks. The deal would, of course, cost another bundle
      682 words
    • 344 4  -  Barry W&ite's direct interest in company is now 0.176% By Serena Ng CHARTERED Semiconductor Manufacturing's chief executive Barry Waite last week exercised 940,000 of his share options at $3.34 each, raising his direct interest in Chartered to 0.176 per cent. The options were exercised
      Source: Reuters; FILE PHOTO  -  344 words
    • 297 4  -  Investors eqjoy high returns when stock market is flat or consolidating By' Ven Sreenivasan MERRILL Lynch is issuing Europeanstyle yield enhanced structured (YES) certificate on DBS Group shares. The issue will be lead managed by OCBC Securities. The YES, whose issue size is
      297 words
    • 372 4 Bnt takeover of Optus gets nod from Optus independent directors Reuters SINGAPORE Telecommunications Ltd has decided not to pursue a takeover of Mobile One Asia Pte Ltd (Ml), the city-state's No 2 mobile phone operator, Sing Tel Mobile chief Lucas Chow said yesterday. "We have
      Reuters; FILE PHOTO  -  372 words
    • 703 5  -  Sats should maintain current profit, barring a more severe slowdown By I Serena Ng SINGAPORE Airlines' unit SIA Engineering Company (SIAEC) said yesterday it expects turnover growth of 10 to 15 per cent in the current financial year ending March
      TERENCE TAN/ST  -  703 words
    • 428 5  -  Moves gives both parties penetration of new markets By Kalpana Rashiwala MILLENNIUM Copthorne Hotels (M&C) yesterday announced its first global strategic marketing alliance, teaming up with a 39-hotel German chain boasting 10,550 rooms. The alliance with the Maritim chain enables the two
      FILE PHOTO  -  428 words
    • 187 5 Bloomberg RAFFLES Holdings Ltd, a Singapore-based hotel operator, said it appointed Chong Kee Hiong as vice-president and chief financial officer. Mr Chong replaces Quek Kar Tung, who has left the company. Raffles, about 60 per cent owned by CapitaLand Ltd, South-east Asia's largest
      Bloomberg  -  187 words
    • 263 5 It will now boy 44J8% of Indian firm, not 89% SESDAQ-listed Twinwood Engineering yesterday said it is cutting back on its acquisition of India-based Microcon group to 44.8 per cent instead of the previously announced 89 per cent. Twinwood, which was taken over by
      263 words
    • 500 5 Reuters SHARES of Singapore Airlines (SIA) were soggy yesterday, with investors ignoring its 33 per cent profit jump on lack of earnings visibility as its results were bogged down by high fuel costs and a slowing world economy. Some traders said the
      Reuters  -  500 words
    • 352 7  -  It will sell 28.7% stake in cement building products maker for Ass67m; sees As234m gain By\ Marissa Chew BRIERLEY Investments Ltd yesterday said it will sell its 28.7 per cent stake in cement building products maker James Hardie Industries for A 5567 million
      352 words
    • 235 7 Share issue comes nnder a patent and technology deal SERIAL System said yesterday it plans to issue 1.58 million new shares worth $600,000 to Michael Anh Nguyen, vice-president of the company's business development division, under a patent and technology agreement. The
      235 words
    • 184 7 SINGAPORE Exchange (SGX) yesterday announced the first trade in its securities market through the SGXAccess trading system. Executing the trade was Morgan Stanley Asia (Singapore) Securities Pte Ltd, the first SGX Securities Trading (SGX-ST) member company to do so. SGX's new SGXAccess
      184 words
    • 302 7 SINGAPOREANS can soon get discounts off their pizzas through their mobile phones, thanks to Sing Tel Mobile and Tricon Restaurants, which owns the Pizza Hut restaurant chain. All they have to do is send in their basic data via SMS to Tricon's promotional number.
      FILE PHOTO  -  302 words
    • 187 7 DBS Bank yesterday said its preferred share issue of $1.1 billion has been fully subscribed, ahead of its close on Thursday. The issue comprised a $150 million retail tranche offered through the bank's ATMs and a $950 million placement tranche for
      187 words
    • 201 7 GLOBE Telecom Inc has signed a U5521.68 million transmission networks contract with Nera Telecommunications Ltd for the capacity expansion of its cellular phone network. The contract involves the installation of high capacity synchronous digital hierarchy microwave radios for its Luzon and Visayas BSS access
      201 words
  • Page 4 Advertisements
    • 213 4 Total Enterprise Automation A full value-packed programme comprising a cluster of three showcases that will present you with Exhibition A solutions demonstration on the complete integration of manufacturing, process and control automation, logistics and distribution. Total A platform for manufacturers and end- jjta§KPrise_A__^^^^^^ S A i users to embrace new
      213 words

  • Page 5 Advertisements
    • 101 5 1- i 1 rt <J| If 4■ 'J-,-|ipl GIOVANNI l|g CLASS ICO 'v i wmte* Famed Master Chef,' Giovanni Greggio of Nicholini's Hong Kong, twice the recipient of the "Best Italian V Restaurant Abroad" Award from the President of Italy, is creating Northern Italian magic at The Fullerton. r Gala
      101 words

  • SINGAPORE markets
    • 615 6  -  I=ll comment STOCKS ven sreenivasan THE state of the economy rather than the announcement of changes to the Morgan Stanley Capital International (MSCI) index hung heaviest over the local bourse yesterday. Indeed, the market largely brushed aside the weekend revelation that Singapore's
      615 words
    • 232 6  -  HOT STOCK By Ven Sreenivasan SINGAPORE Computer Systems (SCS) shares fell sharply yesterday after Saturday's announcement by Morgan Stanley Capital International that the stock would be removed from its closely watched index for Singapore. SCS finished 14 cents or 8 per cent down at $1.68
      232 words
    • 170 6  -  WARRANT WATCH By' Ven Sreenivasan THE warrant of Taiwanese food maker Want Want Holdings was among the top percentage gainers yesterday. The instrument gained 10 per cent, or 2.5 US cents, to 28 US cents. A total of 71,000 units changed hands. The underlying stock
      170 words
    • 549 6  -  Kjfcomment CURRENCIES Gold, oil prices soar; rnpiah pressured by another Indonesian political standoff larry wee A SHARP jump in oil and gold prices was the stand-out feature in Asian financial markets yesterday, apart from the normally staid Taiwan dollar being hammered to a 31-month
      549 words
    • 322 6 Stocks Vohn> Unidux 6c 44,680,000 TPVUSlc 26,501,000 GES Intl Ltd 20c 11,817,000 AddvalTech 2.5c 9,437,000 Autron 9,189,000 SingTel 15c 8,068,000 NOL 6,810,000 People's Food HGK 50c 6,736,000 Lankom US2c 6,484,000 Chart Semiconductor 26c 6,270,000 Stocks SIA 37,543,652 Chart Semiconductor 26c 35,386,792 Datacraft 10c 25,292,888 (JOB 24,408,300 DBSGrp 19,768,794 City Dev
      322 words
  • 2824 6 UNIT TRUSTS FUNDS Manager's prices (Ss)May 22 <birdwn Asset Mgt Asia Ltd Aberdeen Select Portfolio: Global MNCFd 0.791 0.831 Global Technology Fd!** 0.721 0.758 UK Blue Chip Fd!** 0.796 0.837 American Opport Fd 0.881 0.926 Cont Euro Eqty Fd!** 1.112 1.168 JapanEqtyFd!** 1.259 1.323 Asian Fixed Income Fd 1.101 1.135
    2,824 words

  • Page 7 Advertisements
    • 239 7 'HVI ■im I jaw m- *&s&?■ mlmm B IP 1 iII MB liltl 1 IBI'M 11l IP- Wlmmi \mm> 11 Ay^TJil l l PPMgr* hh■„ .J lliß^lK ■vspiif/ J «Z' wHm HP ■BE" 2*' J l9|p IfIPE fl§i» ••> ?l*w f T F1 I Iff I f 11 I j
      239 words

  • SINGAPORE news
    • 547 8  -  lst-time home buyers in particular should be allowed to do so: Patrick Wale By Eugene Low The Singapore International Chamber of Commerce (SICC) has called for the government to allow the use of CPF funds for making downpayments when buying private residential
      FILE PHOTO  -  547 words
    • 182 8  -  The new recruits come from JPMorganChase Private Bank By Serena Ng CREDIT Suisse Private Banking (CSPB) Singapore has just hired eight private bankers from rival JPMorganChase Private Bank, to add to its team of around 170 private bankers based here in its
      182 words
    • 284 8  -  the economy outlook By, Anna Teo OVERCAPACITY in the property and retail sectors is injecting deflationary pressure into the economy, reinforcing the current trend towards disinflation, a Barclays Capital report on Singapore notes. The consumer price index, which rose 1.7 per cent in the
      284 words
    • 151 8 MAYBANK Singapore yesterday launched a new rewards programme Topaz Club for its Visa card members. "Topaz Club will not be just an ordinary reward programme, as it seeks to turn risks usually borne by card members into rewards to be enjoyed," said Maybank Singapore's assistant general
      151 words
    • 184 8 THE Land Transport Authority (LTA) has adjusted electronic road pricing (ERP) rates from May 28 to June 22 for the coming school holidays. Rates at most of the gantries will decrease, except at the slip road from the Pan-Is-land Expressway (PIE) into the Central Expressway
      184 words
    • 227 8  -  By Trina Foo THE region's longest-running machine tool, metalworking and industrial machinery exhibition, Metal Asia, opens today till Friday. It showcases about 800 international participants from over 36 countries. Members of the Singapore Precision Engineering and Tooling Association (Speta) will
      227 words
  • Page 8 Advertisements
    • 417 8 BBR BBR HOLDINGS (S) LTD (Incorporated in the Republic of Singapore) ANNOUNCEMENT PROPOSED RENOUNCEABLE NON-UNDERWRITTEN RIGHTS ISSUE OF 300,000,000 NEW ORDINARY SHARES OF $0.05 EACH (THE "RIGHTS SHARES") IN THE CAPITAL OF THE COMPANY AT AN ISSUE PRICE OF $0.05 FOR EACH RIGHTS SHARE ON THE BASIS OF ONE (1)
      417 words
    • 95 8 mm |V» Li 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 I Edition), with three years of audited statements. V 1 Nominqtion forms are available at Enterprise 50 Secretariat, c/o Accenture 152 Beach Rd 19-00
      95 words

  • MAIL bag
    • 671 9  -  Mak Yuen Teen Singapore I REFER to your editorial "Executive pay and performance" (BT, May 18). The article rightly pointed out the importance of distinguishing between executive and non-executive directors, and the importance of linking executive pay and performance. However, there are
      FILE PHOTO  -  671 words
    • 586 9  -  Clarence Fu Director, Investor Relations Raffles Holdings Limited I REFER to the letter "Raffles Holdings should be more forthcoming" by Peter Kwok Kian Tow (Mailbag, May 21). We are puzzled by Mr Kwok's letter and his assertion of our apparent silence over the
      586 words
  • Page 9 Advertisements
    • 64 9 We welcome letters. E-mail us at btletter@sph.com.sg or fax us at *****71, or write to: The Business Times, Times House, 390Kim Seng Road, Singapore*****s. We need your full name, address and telephone number, so we can verify it came from you. Pleaseuse temperate language, and bear in mind libel laws.
      64 words
    • 522 9 K9&- vi'-, liriiiii^^Bßßiti^^B^^M la;- f -1 *1 pr k \|UyT ?f WBBBKm r i ijwif^By'^-"-^^iy Tp> 7jMf^rMteKJpP^y P'•BB|^WHi^jp|p6^^^?^Lg^^Wi'fjnUwg' v ■&&*r'v^HWwrlft^-~st \«^k»" A <a.C^*!^Sjßl^Ki|^^BKyME^^ 'xi* Je£ jL 4^^BK^ijflhKitillMr4*e t<& i?Nk 4 il®^ Save up to 30%* on ANA to the USA, Enjoy extra savings with ANA! Depart Arrive USA Depart Arrive
      522 words

  • FOCUS property
    • 738 10  - Look out the home ban war is about to get hotter i-< comment property A now law has opened up fresh opportunities tor banks to drum up more business lee han shih IF YOU think the competition for housing loans is fierce, you ain't seen nothin' yet. Last week, Parliament
      FILE PHOTO  -  738 words
    • 426 10  -  This is better than average response of 30-50 twits By' Vince Chong IN one brisk weekend, 180 homes were sold at The Eden. The sales at the executive condominium (EC) at Tampines over the last weekend is in contrast to the
      426 words
  • Page 10 Advertisements
    • 543 10 HjMHWIHDB 4. FMMIIMIMMWSto U ■MMNM WL A- j\w Land Area 9,261 sq ft approx ffmcm XP&T •PW Ratio 2-8 -A j jP« Close proximity to Orchard Road j *jg» Tender closing date: 21 May 2001 (Tve) at 4pni Z&J ,—r?L* |rt i"-»« For further information, please contact: V i 5
      543 words
    • 290 10 V\ O l-< \tP\f*** Jl\ JTC A H 1 f \tf>\ industrial Eauta A l»l cmpont 1 \V\ I r \—--r±OSXJr\ Va® I JL-S) XX rT— v\*V I pfasr pi rr7nTS~IIIISS^ Euno< estate f V/~ MRT SUtao I m AAVfcNd. JSl_ A ERaSSn THJZr -y- Lmm I «L-4 mareh»B« IjggH
      290 words

  • FTA talks
    • 1000 11  -  The recent removal of Singapore from the US watchlist of intellectual property rights violators is expected to smoothen this week's FTA talks, reports chuamg peck mm CHUANG PECK MING Because they mean a lot to the United States, intellectual property rights (IPR)
      Compiled by BT  -  1,000 words
    • 311 11  -  It helps US govt to act more quickly to free up global markets, say advocates Byi Chuang Peck Ming the Busn government s enorts to secure Congressional approval for trade promotion authority—or "fast-track" authority to negotiate free-trade deals before the
      311 words
  • Page 11 Advertisements
    • 215 11 i Fi Asia 2001 Exhibition 11 a 0 tfiJC Exhibition of products and services in and 11 relating to food ingredients such as II 9 i 0 ji 7A sweeteners, enzymes, proteins, oils, starches, 11 J A/\ M stabilisers, cocoa, colours, flavours, aromas, 11 P/jM 2001 and spices etc II
      215 words
    • 508 11 MSSK&'--' cfflswanmioiiw es much right to be as anyone else. Stereotypes block women's Senator for New York Former First Lady of the United St^ofSjSea BE AT THE PREMIER WOAfEJKr Gain from Networking and OF THE YEA* Pledge and Experiences Official Opening Keynote Address by: Closing Address by: H.E. DR ALINE
      508 words

  • EDITORIAL & opinion
    • 749 12  -  OPINION bottom line al labita The writer isßT's Manila correspondent THE opposition's strong showing in the Philippines' general election on May 14 easts a pall on President Gloria Arroyo's fledgling government An officially sanctioned "quick count" of the May 14 vote showed Ms
      749 words
    • 110 12 'What would happen after a terror attack in which, God forbid, 20 people were killed? An atomic bomb on Ramallah?' Dortm Rosenbhi an Israeli columnist writing in the daily, Haaretz, on Israel's first use of US-supplied F-16fighter jets in the Israeli-Palestinian conflict last Friday. The message to
      110 words
    • 693 12 EDITORIAL IT has become customary for many Hong Kongers to dismiss the rising challenge from Shanghai to its claim to continue being China's top financial centre. Hong Kong's government and business elite routinely cite the four pillars that supposedly underpin Hong Kong's advantages over its rival.
      693 words
    • 1015 12  -  The industry is aghast at how elipva's Dennis Lee seems to have taken so many for a ride for so long From. Jennifer Lien The writer is BT's Silicon Valley correspondent in Silicon Valley TO many people, the Internet economy is
      FILE PHOTO  -  1,015 words
    • 962 12  - It figures head-in-the-sand logic COMMENTARY What's roaring? Japan's carmakers or the US deficit? By\ Patrick Smith The writer is a longtime correspondent abroad and the author most recently of 'Japan: A Reinterpretation' Bloomberg SOME numbers from the Japanese automakers, weren't they? The only statistics published before last weekend that were
      Bloomberg  -  962 words

  • MALAYSIA news
    • 376 13 KUALA LUMPUR Govt has more pressing issues like slowing economy: analysts Reuters MALAYSIA'S mauling in Morgan Stanley Capital International's revision of widely followed stock indices is unlikely to spur much action from a government facing a slowing economy, analysts said yesterday. Provisional
      Reuters  -  376 words
    • 241 13 KUALALUMPUR AFX-Asia THE Corporate Debt Restructuring Committee (CDRC) is re-drawing plans to restructure the light rail transit system in view of changing market conditions, CDRC chairman C Rajandram said. "Some rethinking of the structure is being looked at. At this point of time, we are
      AFX-Asia  -  241 words
    • 54 13 [KUALA LUMPUR] British Prince Andrew being shown around an Islamic arts museum yesterday. Prince Andrew, the Duke of York, is in Malaysia on a four-day visit, which ends today. Singapore forms the next leg of his tour. Theprince will call on Prime Minister GohChok Tong tomorrow
      REUTERS  -  54 words
    • 284 13 KUALA LUMPUR Minister says at the latest, recovery will come by middle of '02 AFP THE government expects Malaysia's economy to recover by year-end or at the latest by the middle of next year, a deputy minister said yesterday. Deputy International Trade and Industry
      AFP  -  284 words
    • MALAYSIA Briefs
      • 49 13 Reuters [KUALA LUMPUR] UMW Holdings yesterday predicted a rosy year ahead after reporting a threefold jump in first quarter net profit. Net profit rose to RM23.97 million (5511.4 million) during the first three months of2ool from RM8.19 million in the same period last year.—Reuters
        Reuters  -  49 words
      • 48 13 AP [KUALA LUMPUR] Danaharta, Malaysia's bad debt agency, has shortlisted four international banks to arrange an asset-backed securities deal backed by rehabilitated loans. It is considering proposals from Credit Suisse First Boston, Deutsche Bank AG, Merrill Lynch Co and one other bank. AP
        AP  -  48 words
      • 54 13 AFX-Asia [KUALA LUMPUR] Rating Agency Malaysia Bhd (RAM) rated a total of 19 bond issues worth RM5.5 billion (552.6 billion) in the five months to May compared to six issues worth RM2.B billion a year earlier, The Star yesterday quoted chairman Abdul Khalid
        AFX-Asia  -  54 words
      • 38 13 AFX-Asia [KUALA LUMPUR] EON Bank Bhd is currently in negotiations to acquire two stockbroking firms as part of its strategy to become a comprehensive banking group, bank chairman Mohd Saleh Sulong said. —AFX-Asia
        AFX-Asia  -  38 words
  • Page 13 Advertisements
    • 126 13 TRY OUR BRAND NEW GENSETS. AND THEN SEND THEM RACK ANYTIME YOU WANT. INTRODUCING CUMMINS POWER RENT. For over 45 years, Cummins has provided reliable, cost-effective power solutions for businesses in Singapore. Now through Cummins Power Rent, you can rent a broad range of gensets from 60 kVA to 1,800
      126 words

  • REGIONAL news
    • 536 14 JAKARTA Lending will not resume until recommendations are followed AP THE International Monetary Fund said yesterday it will not resume lending to Indonesia until the country amends its controversial central bank law in line with advice from an independent panel of advisers. Indonesia
      AP; AFP  -  536 words
    • 414 14 Support for impeachment hearing grows Reuters [JAKARTA] Indonesia's increasingly isolated President Abdurrahman Wahid moved closer yesterday to losing his job as support for an impeachment hearing grew and his popular deputy and the military made veiled attacks on his leadership. Vice-President Megawati
      Reuters  -  414 words
    • 140 14 AFX-Asia [JAKARTA] Former president Suharto is considered a better leader than incumbent Abdurrahman Wahid, according to a readers' poll conducted by the Media Indonesia daily. He outshone his successors, B J Habibie and Mr Abdurrahman, in six categories, according to the poll 0f950
      AFX-Asia  -  140 words
    • 367 14  -  Promt Al Labita in Manila A BUYING frenzy yesterday sent Philippine National Bank (PNB) shares soaring on news the government wants to regain control of the bank from Chinese taipan Lucio Tan. Paced by foreign funds, the deluge of buy orders drove
      367 words
    • 378 14 JAKARTA Letter attesting this fact received from Brunei ambassador AFP A CONTROVERSIAL US$2 million donation from the Sultan of Brunei was a personal gift to Indonesian President Abdurrahman Wahid as an individual, a prosecutor said yesterday. The fund, the disbursement of which
      AFP  -  378 words
    • NOTE Book
      • 64 14 AFP [MANILA] Foreign investors will stay away from the Philippines unless President Gloria Arroyo convinces Congress to pass a long-delayed power reform bill, Energy Secretary Jose Isidro Camacho said yesterday. The bill seeks to sell off the generating assets of state-run National Power Corp to
        AFP  -  64 words
      • 65 14 AFP [MANILA] Philippine authorities will pursue allies of deposed leader Joseph Estrada believed to be behind a failed power grab despite reconciliation moves by President Gloria Arroyo, her spokesman said yesterday. State prosecutors are continuing to compile evidence on several key personalities allegedly behind the May
        AFP  -  65 words
      • 66 14 AFX-Asia [BANGKOK] Seven Members of Parliament from five political parties, including the ruling Thai Rak Thai Party, will be removed from office after Thailand's Election Commission (EC) found them guilty of corruption, an official said. A by-election will be held by the end of
        AFX-Asia  -  66 words
      • 75 14 AFP Reuters, [JAKARTA] Indonesian President Abdurrahman Wahid said yesterday the local unit of Canada's biggest life insurer Manulife Financial Corp, embroiled in a protracted share purchase dispute, was innocent of any wrongdoing. Attorney-General Marzuki Darusman yesterday said that his office is planning to halt its
        AFP; Reuters,  -  75 words
    • 635 15 Stocks dive 3% in near panic selling traders say the central bank has given np defending NTS Bloomberg, AFP [TAIPEI] The Taiwan dollar slumped to its lowest level in more than 2-1/2 years and stocks tumbled as traders reported the central bank abandoned its defence
      Bloomberg,; AFP; REUTERS FILE PHOTO  -  635 words
    • 538 15  -  But there will be no massive 'US-style' layoffs, he says From Audrey Tan in Hong Kong PACIFIC Century CyberWorks chairman Richard Li yesterday hinted that he may have to lay off staff this year, as the loss-making company seeks to cut
      538 words
    • 446 15 SHANGHAI Bloomberg CHINA'S foreign-currency shares rallied yesterday on a report the securities watchdog will allow domestic investors to buy Class B shares through initial public offerings. Shanghai Tyre Rubber Co paced advances. The China Securities Regulatory Commission will soon let citizens buy
      Bloomberg  -  446 words
    • ASIA Notes
      • 55 15 AFP [HONGKONG] Hong Kong authorities yesterday started a two-week operation to slaughter an estimated one million poultry at farms after a new outbreak of deadly avian influenza. The cull will cover 208 farms rearing chicken, pigeons and quail, although there was no evidence yet of
        AFP  -  55 words
      • 59 15 Bloomberg [TAIPEI] Taiwan Fixed Network Ltd paid NT$l7.2 billion (Ss94l million) for an 11.7 per cent stake in Taiwan Cellular Corp, the island's biggest mobile phone company. Grand Cathay Securities Corp bought 429 million Taiwan Cellular shares yesterday, at an average price of NT540.29
        Bloomberg  -  59 words
      • 52 15 AFP [TAIPEI] Taiwan President Chen Shui-bian left yesterday for a five-nation tour of Latin America via the United States a stopover certain to anger China. Mr Chen, accompanied by his wife, departed from the northern Chiang Kai-shek airport on board an EVA Airways Boeing
        AFP  -  52 words
    • 131 15 BOMBAY Bloomberg INDIAN stockbroker Ketan Parekh, at the centre of the country's worst financial scandal in a decade, was yesterday released on bail of 500,000 rupees (5519,500) by a Bombay court. Parekh was arrested March 30 by federal investigators on charges of fraud that
      Bloomberg  -  131 words
    • 313 15 BOMBAY Dabhol serves termination notice to electricity board Bloomberg INDIA'S federal and state governments may have to pay Dabhol Power Co more than 170 biUion rupees (556.4 billion) if the Enron Corp unit carries through termination of a 2,184 megawatt power venture.
      Bloomberg  -  313 words
    • 426 15  -  Front Shada Islam in Brussels EUROPEAN Union governments, bolstered by last month's groundbreaking EU visit to North Korea, hope to use a key meeting in Beijing this week to revitalise links with other Asian nations. EU foreign ministers attending an Asia Europe Meeting
      426 words
  • Page 14 Advertisements
    • 42 14 ijii^ Wednesday 23 May 2001 Grab you copy at BUZZ Kiosks BP Caltex Esso Mobil Shell SPC Borders Carrefour Giant NTUC Fair Price NTUC Food Fare NTUC Cheers Shop N Save 7-Eleven Cold Storage Times The Bookshop Guardian Pharmacy Your neighbourhood newstands
      42 words

  • Page 15 Advertisements

  • e-NEWS
    • 529 16 NEW YORK MP3.com could become part of Duet music subscription service Vivendi plans to launch this summer with Sony Music Reuters FRENCH media giant Vivendi Universal said on Sunday that it will buy its one-time legal foe MP3.com Inc for about US$372 million in
      Reuters  -  529 words
    • 229 16 WASHINGTON AP SOFTWARE piracy grew in 2000 for the first time in more than half a decade and 37 per cent of the programs used by businesses worldwide are illegal copies, a trade group of software makers reported yesterday. The worldwide dollar
      AP  -  229 words
    • 320 16 AP [PALO ALTO, California] HewlettPackard Co, the second-biggest computer maker, said it started a programme to recycle old personal computers, printers and related gear. The initiative, run out of a 200,000sq ft Hewlett-Packard site in Roseville, California, begins today. The company hopes to get
      AP  -  320 words
    • 349 16 BARCELONA Worldwide sales down 4J> per cent in March Bloomberg ROYAL Philips Electronics NV, Europe's largest consum-er-electronics maker, said its semiconductor unit is being hurt by a "deepening" indus-try-wide slump, an executive said. "Recent semiconductor industry statistics are showing that the slump in the in dustry
      Bloomberg  -  349 words
    • 196 16 SEOUL AFP THE world's second largest microchip producer, Hynix Semiconductor Inc, launched a crucial fund-raising campaign yesterday to avoid a credit crisis. Hynix hopes to raise 1.8 trillion won (552.5 billion) in foreign funds by issuing global depositary receipts (GDRs) and
      AFP  -  196 words
    • 342 16 SAN JOSE, California AP THE days of 400-gigabyte hard drives in desktop PCs may be closer than most computer users realise. IBM Corp says it has cracked a barrier in disk drive design a breakthrough that would eventually quadruple
      AP  -  342 words
    • E Briefs
      • 47 16 Bloomberg [BEIJING] Motorola Inc said it won US$l4l million in cellular phone contracts from China United Telecommunications (Unicom), China's second-largest mobile phone company, a week after it won US$4O7 million in orders from the same client for a rival cellular technology. Bloomberg
        Bloomberg  -  47 words
      • 40 16 Bloomberg [MANILA] NTT DoCoMo Inc denied a Philippine Daily Inquirer report that it is in talks to buy as much as 40 per cent of Smart Communications Inc from Philippine Long Distance Telephone Co.—Bloomberg
        Bloomberg  -  40 words
      • 44 16 Reuters [NEW YORK] Intel Corp is expected to roll out a line of advanced chips and a new advertising campaign to promote the company's prowess in high-end systems, the Wall Street Journal reported in its online edition yesterday.—Reuters
        Reuters  -  44 words
      • 64 16 Bloomberg [TOKYO] Nikon Corp said profit will fall by half in the current fiscal year as customers such as NEC Corp cut the pace of their orders for chipmaking equipment in the year just ended. Nikon expects group net income to fall 52
        Bloomberg  -  64 words
  • Page 16 Advertisements
    • 184 16 Join the 2001 1 \eso dotcom list Companies can nominate themselves by completing I official nomination form. To be eligible, I I you must be I I a 'pure-play' Internet company, or I I a company that does business primarily through I I the Net or has identified new ways
      184 words

  • WORLD news
    • 604 17 Analysts expect re-weightings to resnlt in as mnch as USss7ob in shares changing hands Bloomberg, Reuters [LONDON] Changes to the world's most widely watched stock indexes from Morgan Stanley Capital International Inc will likely affect Europe more than any other region,
      Bloomberg,; Reuters; AFP  -  604 words
    • 49 17 [YAKUTSK] A man holds his pig as he rows in a dinghy in the flooded Siberian city of Yakutsk yesterday. Floodwaters closed in on Yakutsk, engulfing homes in outlying districts, while air force planes flew missions to blast massive icefloes blocking the river. REUTERS
      REUTERS  -  49 words
    • 392 17 ZURICH Assets under management up; CSFB disappoints Reuters CREDIT Suisse Group said yesterday its first-quarter net profit fell as expected by 25 per cent to 1.428 billion Swiss francs (551.48 billion) due to difficult markets, but assets under management rose slightly. The
      Reuters  -  392 words
    • 269 17 Reuters [PARAMUS, New Jersey] Toys R Us Inc, the No 2 US seller of toys behind WalMart Stores Inc, yesterday posted a wider-than-expected fiscal first-quarter loss, as it reversed a year-earlier profit amid disruptions from store enhancements, which hit comparable store sales.
      Reuters  -  269 words
    • 224 17 TokyoMitsubishi unit to face penalties? TOKYO Bloomberg BANK of Tokyo-Mitsubishi Ltd's brokerage unit may face penalties after driving down the price of a stock to avoid making payments to its clients, Japanese regulators said. The unit of the world's sixth-biggest bank will be notified of the case as early as
      Bloomberg  -  224 words
    • 438 17 CINCINNATI Acquisition of hair care firm would be P&G's largest ever AP PROCTER Gamble Co is buying Clairol for U554.95 billion in cash in a deal that would give the consumer products giant a bigger position in the hair colouring business that
      AP  -  438 words
    • 489 17 Reuters [LONDON] Britain suffered a global goods trade deficit of £7.7 billion (Ss2o billion) in the first quarter of this year, the worst figure since records began in 1697. National Statistics said the first quarter deficit was up from £7.6 billion in
      Reuters  -  489 words
    • 349 17 FRANKFURT They disagree with parent company over future direction of Viaglnterkom Reuters THE head of British Telecommunications Pic's German subsidiary Viag Interkom and one of his top aides are set to resign in a row with BT that casts
      Reuters  -  349 words
    • 433 18 LONDON The luxury 514-room Regent will be renamed Hotel Inter-Gentinental Reuters, Bloomberg BRITISH hotels and pubs group Bass Pic, which is looking to expand its hotels business after the sale of its beer division, said yesterday it was paying £241 million (*****
      Reuters,; Bloomberg  -  433 words
    • 517 18  -  Industrial, agri commodity markets still weak From Neil Behrman in London WEAK industrial and agricultural commodity markets are contradicting the view that last week's sudden gold surge is a portent of accelerating inflation. The metal yesterday posted its biggest gain in
      517 words
    • 660 18 CHICAGO Survey shows plans for manufacturers slowest since 1980s Reuters US company hiring plans for the third quarter are the slowest in nearly a decade because of the economic dbwnturn and, in the hard-hit manufacturing sector, it is the slowest
      Reuters  -  660 words
    • 451 19 NEW YORK Merger plan may face obstacles due to US national security concerns FT THE Lucent Technologies board meets this week to decide whether to enter formal negotiations with Alcatel of France but any deal could meet formidable obstacles. Washington is
      FT  -  451 words
    • 334 19 Most of the 12 believed to be getting 50% more than they received at Deutsche FT [LONDON] Barclays Capital, the investment banking arm of Barclays Bank, the UK clearer, is understood to have offered packages worth a total of around US$lOO million to a
      FT  -  334 words
    • 558 19 ■< LONDON Bloomberg EUROPE AN banks, which relied on the securities business for profit the past five years, are reporting lower earnings as declining stock prices cut into trading and investment banking fees. ÜBS AG, Europe's fourthbiggest bank, and ABN Amro Holding NV,
      Bloomberg  -  558 words
    • 350 19 CANBERRA Assoom rescue scheme won't cover clients of HIH Insurance's overseas units AFP A ROYAL commission will investigate the collapse of the HIH Insurance company in Australia's biggest corporate failure, Prime Minister John Howard announced yesterday. The government also announced that a special Assoo
      AFP  -  350 words
    • 120 19 AP [CANNES] Italy's Nanni Morettipunched the air and removed his glasses to wipe away a tear after his tenderly tragic The Son's Room won the top prize at the Cannes Film Festival. Although the Palme d'Or was crossing the French border, locals also had plenty to
      AP; REUTERS  -  120 words
    • 575 19 TEHERAN They say new forum is not an attempt to exploit consumers Reuters THE world's top gas powers wrapped up their first-ever gathering on Sunday by stressing the need for close cooperation between gas exporters to ensure supply security for the benefit of producers
      Reuters  -  575 words

  • Page 18 Advertisements
    • 142 18 projecteyeball. g .J 3 Bm I jfl|v M JHpF It' fg -VjHfejl JB| I R jn| 1 -ji ,jte V;' J^H Not only does Singapore have the lowest SMOKING RATES IN THE WORLD, DENYSE YEO DISCOVERS, WE'RE TURNING OUT TO BE A BUNCH OF QUITTERS. FIND OUT WHAT'S MAKING US
      142 words

  • Page 19 Advertisements
    • 895 19 NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 0 East Gate EASTGATE TECHNOLOGY LTD (Incorporated in the Republic of Singapore) I. PROPOSED BONUS ISSUE ("BONUS ISSUE") OF 50,000,000 NEW ORDINARY SHARES OF PAR VALUE $0.10 EACH ("BONUS SHARES") IN THE PROPORTION OF ONE (1) BONUS SHARE FOR
      895 words

  • FINANCE & commodities
    • 282 20  -  SGX Derivatives Trading Report ST Index/MSCI STpore lodes Wong Ann Chuen Refco Singapore Pte Ltd SINGAPORE stocks traded mixed yesterday. The benchmark Straits Times Index ended up 4.05 points, or 0.24 per cent, at 1,666.69, as 16 counters gained, 20 lost and 16 were unchanged.
      282 words
    • 226 20  -  MSCI Taiwan Index Wong Ann Chuen Refco Singapore Pte Ltd TAIWAN stocks fell yesterday after Morgan Stanley Capital International reduced the island's weighting in its new indices. The MSCI Taiwan Stock Index lost 5.05 points, or 2.17 per cent, to close at 228.14 points. Turnover
      226 words
    • 222 20 Reuters THE euro fell more than half a per cent against the US dollar and set one-week troughs against the yen yesterday after Germany, Italy and France were among the main country losers in a reweighting of global equity indices. The yen benefited the most, adding about a
      Reuters  -  222 words
    • Article, Illustration
      1269 20 MTBRBAMM CROSS KATBS May2i A$ CS >■> Ew Fir Dw m$ Mh Nptnh Yon Won m MZ$ P* H Nso S$ Bawd Sfr HT$ Baht Pound USS Australia 0.810 4387 0.604 1959 1181 4.123 ***** 60.557 0.652 6.886 2.009 1234 26.863 0.958 4.170 0.925 17.667 24.114 0368 0.529 Canada 1.234
      1,269 words
    • 1960 20 BCOM FUTURES .May 21 RUBBER (futures dosinq as at 5.30pm) RSS 1 CONTRACTS cants/kg) Close Volume Open Month Hiqh Low Sett (tonnes) Interest Jun 01 110.50 Jul 01 110.50 250 Aug 01 110.75 250 Sep 01 112.25 250 RSS 3 CONTRACT (US cents/kg) Volume Open Month High Low Sett (tonnes)
      1,960 words
  • Page 20 Advertisements

  • STOCKS east asia
    • 2840 21 HONG KONG AFP +262.09 HONG Kong share prices rose 1.9 per cent yesterday in a technical rebound, dealers said. The key Hang Seng Index gained 262.09 points to close at 13,721.27 on a turnover of HK$B.6l billion. Dealers said market players have
      AFP  -  2,840 words
    • 2072 21 TOKYO AFP SHARE prices in Tokyo rose 2.2 per cent yesterday as investors started to buy back hi-tech shares after major companies released their financial results last week, dealers said. The Tokyo Stock Exchange's Nikkei--225 Index closed up 299.06 points at 14,176.83. The Topix
      AFP  -  2,072 words
    • 1239 21 Reuters Blades +1L92 CHINA'S hard currency B shares rose yesterday as Chinese investors piled into laggards, hoping to ride a market rally through early June, fuelled by expectations of more liquidity. The Shenzhen B Share Index rose 2.95 per cent, or 11.92 points, to end at a record closing
      Reuters  -  1,239 words
    • 385 21 AFP CiWPMn -153J6 TAIWAN share prices dived 3 per cent yesterday to breach the support level of 5,000 points on near panic selling triggered by a report recommending a steep depreciation of the Taiwan dollar, dealers said. The Weighted Price Index fell 153.06 points to close at 4,958.61, on
      AFP  -  385 words
  • Page 21 Advertisements
    • 41 21 You never HE actually own a Patek Philippe. W PATEK PHILIPPE You merely GENEVE Begin your own tradition. look after it for the next generation. jOsf For information: Geneva Master Time, Tel: (65) 732 1506. www.patek.com Annual Calendar by Patek Philippe
      41 words

  • STOCKS klse
    • 399 22 AFP. AFX-Asia Q Composite Index 430 MALAYSIAN share prices closed 0.6 per cent lower yesterday on a general lack of interest, dealers said. The cut in Malaysia's weightings in the Morgan Stanley Capital International (MSCI) indices had only a muted impact, the dealers
      AFP.; AFX-Asia  -  399 words
    • 8743 22 WPMSTWAIT Cmsmmt pnMt 2001 Last V«l Day N*« Ca# Hmi I— Company Sit '000 HUh lw W )K 340 290 Afinomoto 300 -6 3 300 300 94 1216 45 24.5 Angkasa 29.5 1 10 30 293 4U 342 282 ApoNo Food Hlg 306 6 1 306 306 *7 122.4 356
      8,743 words
  • Page 22 Advertisements
    • 73 22 ijlpTZ] 35 *|F xV/ •-*<s&' 300- ivS If T Av^ 250- JIANGSU ZHEJIANG vAtf 200 SHANGHAI CUISINE I <x& e f 150 V Executives prefer YE SHANGHAI, t/ie "100dining place that sings high tunes just 50 Itfee their investment index levels are performing consistent high returns. 1 1 Jan Feb
      73 words

  • SGX clob & regional stocks
    • 2557 23 BONDS WARRANTS May 21 m t* r*mi 4 i m*i U-VMk Lai M *ev MMte hn I—* Um Urn mi Mta Mfk u> ,i s«t» *m- rwo m» w <—faf*ie w» nw uw 37 0.5 s Acma W*****4 0.5 0.5 1 41.0 1 300 681 77.00 2 22 2.5 s
      2,557 words
    • 307 23 AFP Fl Composite hig +18.42 SEOUL'S Composite Index yesterday ended up 3.1 per cent, or 18.42 points, at 618.96. Volume totalled 744.3 million shares.—AFP A nam Semi 4460 80 Brain Tech 625 25 Central Bank 170 unch Cheil Comm *****0 unch Oat Cu Bank 1745 220 Daeiang Corp 2620
      AFP  -  307 words
    • 285 23 AFP 7t Composite ladei +3J4 PHILIPPINE share prices rose 0.2 per cent yesterday. The Philippine Stock Exchange Composite Index ended 3.14 points up at 1,451.76. Turnover fell to 452.36 million shares worth 291 million pesos from Friday's 497 million shares worth 397 million pesos.—AFP my 21 Nh COOO) Abacus
      AFP  -  285 words
    • 262 23 AFP PHBE-40 +OJB NEW Zealand shares closed virtually flat yesterday, mirroring the sleepy trading seen in offshore markets at the end of last week, dealers said. The NZSE-40 Capital Index closed up 0.16 points at 2,087.57, on a light turnover worth NZ$54.B million. w>n cooo) Advantage HOS 0.85 0.02
      AFP  -  262 words
    • 556 23 AFP AH Primaries +2&3 AUSTRALIAN shares rose 0.9 per cent to a record high yesterday. The All Ordinaries Index rose 29.3 points to a new high of 3,369.2 and the SP/ASX 200 rose 31.2 points to 3,435.3. The All Resources rose 29.1 points to 1,641.3, underpinned by gold, while
      AFP  -  556 words
    • Article, Illustration
      733 23 AFP SET Index -2.43 m&m THAI shares closed down 0.8 per cent yesterday with most buyers sidelined amid lingering uncertainty over Prime Minister Thaksin Shinawatra's political future. The Stock Exchange of Thailand (SET) Composite Index fell 2.43 points to close at 298.21 points, while the SET 50 slid 0.24
      AFP  -  733 words
    • Article, Illustration
      731 23 AFP IHI Composite Index +£58 JAKARTA share prices closed 1.0 per cent higher yesterday, as selected major stocks gained due to changes made in widely followed stock indices. The Jakarta Stock Exchange Composite Index closed up 3.58 points at 380.38. The rebound followed lastminute orders for major stocks led
      AFP  -  731 words
  • Page 23 Advertisements

  • 7819 24 SOXMAMBOABD Gr Gr M Wt 52-Wk la* Wd Day Uct Quota M> Oh N M Of _«r» WN» 1— CI1M1 Sato W- rm> Lew —yer Sdhf CV W1 M Wa MULTMNOUSmV 143 35 cAcmaSOc 38.5cd uncti 55 38.5 38 38 38.5 0.5 19.9 0.6 10.1 fU 39 41
    7,819 words
  • Page 24 Advertisements

  • Page 25 Advertisements
    • 271 25 Where to wine, dine and entertain..rt(<>Bss ||M ,,||,|MII,I^^ggSSS!!!^S!!^S^B£SS!BS!^BEESSSSSBE^BBB!SSSS^BSBBE^ESB^SBB^ME^MEfiBE^BSB Dine in style under the stars in Singapore and be enchanted by our relaxing and beautiful Balinese pool side ambience and accompanying live music Complemented with a mouth-watering spread of BBQ steak, prawn, chicken curry and torn yam soup and other International
      271 words
  • Page 25 Miscellaneous
    • 921 25 The Business Times, Tuesday, May <*uui -teim 830 Exchange Lives. 830 Return Of Judge Bao. 1130 Headlines/S'pore UpTV WMI 9,00 Healing Hearts. 130 Singapore Today. date. 4.00 PM Men Are From 1030 News. 730 Love Me, Love Me Not. 1134 In Comversation SpeMars, Women Are From 1030 Once Upon A
      921 words
    • 311 25 CRYPTIC CROSSWORD ACROSS 6 Dog female before one cetebra--1 Fearfully rigid? (6.5) to" W 9 The ability of Prudence to see at 7 Producer of theatrical turns (9, a distance? (3-11) 5 11 Put about, love, with scheming 8 Two fools turn anti establish(2 2) ment initially and kill (11)
      311 words

  • New Asia Biz Woman
    • 1012 26 A new life thanks to a taste for a top tea Growing some of the world's best tea is helping drag one of South Mica's poorest areas from the depths of poverty NELLY Nxumalo, who lives in one of the poorest communities of South Africa, has a taste for one
      1,012 words
  • Page 26 Advertisements
    • 481 26 Royal Melbourne mcQ Institute of afe.* University of pq University of Southern xp Ihe Chartered RMIT Technology, &Ss* Surrey, UK y Queensland, Australia I ||B|| Institute of UNIVERSITY Australia RankediethßusinMSthoolinTheGood Australian University of the VjPW Marketing Ranked Too 10 in Australian Good WT University Guide 2000 Year 2000 2001 UniveratyGuide2ooo
      481 words

  • KNOWLEDGE economy
    • 2268 27  -  Making an innovative product is not enough, notes Creative Technology's Sim Wong Hoo; you also have to do a lot of work in 'enabling the market'. PATBics lambb looks at two strategies that will help you achieve this PATRICK LAMBS IN THE first part of this
      AFP  -  2,268 words
  • Page 27 Advertisements
    • 70 27 This is the second ofa two-part article. The writer is chief learning officer at Knowledge Platform, an e-learning consultancy (www.knowledgeplatform.com). He welcomes visits to his website at www.greenchameleon.com; feedback can be e-mailed to plambe@greenchameleon.com. Mr Lambe is one of several speakers at KM Asia 2001, to be held herefrom July
      70 words

  • CAMPUS life
    • 1143 28  -  Modelled after the Wharton School, SMU aims to groom outstanding business leaders and creative entrepreneurs, reports Btffnp ***** RACHEL ONG GRADES are telling but they aren't everything, and that says a lot about the way the Singapore Management University chooses its students. Departing from the norm
      FILE PHOTO  -  1,143 words
    • 666 28  -  By Koh Huiting ALMOST three months after the launch of Campus Life, one of the most frequently and undoubtedly controversial questions asked is, should one take the scholarship route? There is no simple or single answer as it is a complex issue
      666 words
    • 684 28  -  oostrTTTH from london By\ Melissa Lim The writer is a first year law student at King's College, London UR must be enjoyed.' That's the dictum the dent-he-donist. And with the northern summer approaching, Britain's geographical location makes travelling to America or Europe a
      FILE PHOTO  -  684 words
  • Page 28 Advertisements
    • 83 28 A Major Pathway To The University of Melbourne tTHE TRINITY COLLEGE Foundation Studies Program in Australia Graduates were offered places at the prestigious University of Melbourne, including Medicine, Law, Commerce, Dentistry, Physiotherapy, Veterinary Science, Engineering, Architecture, Building, Information Systems, Computer Science, Science and Arts. Meet Ms Yvonne Au, Admissions Officer
      83 words
    • 90 28 CAMPUS CHAT 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 like. And if you're a parent, tell us your concern regarding a university education for your child. We also welcome feedback and suggestions from
      90 words

  • SHIPPING TIMES
    • 281 29 Reuters THE Baltic Dry Index (BDI) fell six points to 1,473, the Baltic Panamax Index (BPI) lost nine points to 1,551, the Baltic Handymax Index (BHI) firmed nine points to 9,601 and the Baltic Capesize Index (BCI) was down nine points to 1,801. HME-CEUUnUb ♦Prosper Venture (built 1985)
      Reuters  -  281 words
    • 310 29 SOX '000 Way 21 st ra CWT Distribution 0.58 0.01 14 Chuan Hup 0.31 0.01 227 Cosco Investment 0 JO -0.01 301 Freight Links 0.08 unch 334 GB Holdings 0.38 unch 0 IMC HoMlngs-HK 5.60 unch 0 Jaya Holdings 0.16 -0.01 396 Keppel Corp 3.38 -0.02 466 Keppel
      310 words
    • 444 29  -  Combined group will have more than 130 vessels nnder managomont anil 5,000 crew From Mark Graham in Hong Kong THE merger of two ship management companies announced yesterday in Hong Kong will create one of the world's largest independent groups, with a portfolio of
      444 words
    • 360 29  -  Firm posts 268 m baht profit against 365 m baht forex loss Byl Donald Urquhart ISINUAFOKEJ Thai-listed common feeder operator Regional Container Lines (RCL), posted 24 per cent increase in net profit for first quarter 2001, but was
      360 words
    • 61 29 [SEATTLE] The Norwegian Sky cruise ship sits docked at Pier 66 in Seattle on Sunday. The Norwegian Cruise Lines ship returned to Seattle as scheduled after a jarring movement near the mouth of the Strait ofJuan de Fuca, on Saturday, shattered glass and plates and injured more
      AP  -  61 words
    • 335 29 Bureau Veritas's blueprint to make ships safer and the seas cleaner CLASSIFICATION societies should co-operate and help more to make ships safer and the seas cleaner rather than attempt to make class into a police service for shipping. The marine division head of French
      335 words
    • ROTTERDAM port
      • 1075 30  -  Rotterdam's status as the most important port in Europe can be attributed primarily to its depth and location. The Dort can receive the deeDest drawing oil tankers and ore carriers By Rob Schoemaker THE cost-effective transport of products and raw materials is the buoy on which
        1,075 words
    • 175 30 PACE Appenship 5 Assets 5 Austral 6 BSA 7 B'tang Mas 6 CCNI 7- CMACGM 3 COSCO 3 Colony Log 5 Columbus 6 CSAV 3 Central Ex 6 Cho Yang 5 China Shpq 5 Cougar 7 CWT Globelink 7 Delmas 4 Ojak Lloyd 6 Dongnama 3 ECL
      175 words
    • 17467 36 THEBU sinesstimes THEBUSINESSTIMES Pages EXPORT TUESDAY, MAY 22, 2001 ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number To ABIDJAN (ABJ)-2003 Cote D'lvoire 29/05 03/07 Delmas VILLE DE AQUARIUS U43W (5-*****44 30/05 11/07 COSCO EMPRESS PHOENIX 0W3W 65-*****00 05/06 10/07 Delmas VILL£ DE ANTARES L43W
      17,467 words
    • SHIPS IN PORT
      • 709 39 Vossol Voy No Bortti Arrival Dtpartun J—|Hll Oram Purl 106 JW 21/05/630 23/05/7:00 Bt Jaya Raya ***** JOI 21/05/7:40 21/05/2030 Bt Jayaraya3 ***** JOI 21/05/7:45 21/05/2030 Kuntrans Xpr OHtay J15 21/05/7:35 22/05/1230 Winstar 018S01 J03 2V05/730 21/05/630 C Progress 21/05 J» 2V05/«:50 2V05/16.-00 Twang 16 EH23 J02 21/05/8:25
        709 words
      • 1871 39 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/Mine* Rstts Ship Voy M> Etb/Btr Ptrioi Frew To Frew ACX HIOISCUS 052* 22/*00 20/800 20/89* 20/800 2A 20/1700 21/0659 21/0900 21 20/1700 21/0659 21/0900 3 21/0700 21/18* 21/1400 4 21/1200 21/145* 21/1700 MX MAGNOLIA 0371 22/23*0 20/1500 20/1659 20/M0
        1,871 words
      • 178 39 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 Jane 2 Malaysia: King's Birthday Jane 4 Malaysia: Birthday's of Prophet Mohammed SAW Indonesia: Birthday's of Prophet Mohammed SAW New Zealand:
        178 words
      • 796 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
        796 words
      • 505 39 Carta* WO Mu 961.8 0.3 122 0.07 40 0.03 u— (7 Daaxit* Hater Restate Ask AkMnMuM Sediment Ho above E2S 0 0 0 0.0 0 M 380 Ave WSJ 0J 13_3 0.06 20 0.02 tuM 380 MM -989.7 0.9 16.1 0.09 45 0.04 tt/Mi v/v m/m
        505 words
    • AIR & LAND transport
      • 460 40 AUSSIE AVIATION SAFETY Reports on two other incidents last year also pnt Australia's aviation safety record under scrutiny AP [CANBERRA, Australia] Two new mid-air mishaps over the weekend and a pair of damning reports have called into further question Australia's tarnished aviation safety
        AP; REUTERS  -  460 words
      • 468 40 Reuters [DETROIT] General Motors Corp is to announce that it will add more fuel-efficient V 8 engines in its light trucks starting in 2004, increasing mileage by as much as 25 per cent, officials said. The new engines, part of GM's efforts
        Reuters  -  468 words
      • LOG Book
        • 86 40 Reuters [SHANGHAI] Lufthansa is in talks with Air China about it joining the Star Alliance, a German government official said. The Chinese carrier could join the alliance in 2004, the official said. Transport Minister Kurt Bodewig, on a business trip to China, plans to
          Reuters  -  86 words
        • 112 40 AFX-Asia [HONG KONG] The government has granted Air New Zealand approval to service the Hong Kong to London route, the South China Morning Post cited market sources as saying. The sources said Air New Zealand is expected to start the new service by
          AFX-Asia  -  112 words
      • 440 40 Bloomberg [AUCKLAND] Air New Zealand, the country's biggest airline, said all its Boeing Co 767 jets have been inspected after a 5-kilogram metal bar fell off a plane bound for Auckland International Airport on Saturday. The airline, 25 per cent owned
        Bloomberg  -  440 words
      • 509 40 Japanese components makers risk missing ont on milestone: Airbus CEO AFP [TOKYO] Airbus Industrie said yesterday it has given Japan's engineering companies a June deadline to decide if they want to help build the world's biggest passenger plane. "At
        AFP; AP  -  509 words
      • 1793 40 an fuswt tw man n» MM AM229 2230 IH63M 2230 «2» 2230 tmtmtm S023 OUS 6*974 0130 KU37 1455 KU30 2255 S024 2335 ><■■■111 112 0M5 mm S0347 0W0 S0348 2255 AackM W6987 1900 N242M 2045 N223 1900 S02M 2045 S***** 1900 NZ42M 2045 M2W 2048
        1,793 words
  • Page 29 Advertisements
    • 331 29 Rotterdam port: great depth and perfect location Pg2 Two mid-air mishaps raise safety concerns BackPg Airbus eyes 50% share of Japan market BackPg Air NZ Boeing 767s flying after accident BackPg > 4 People The UK PSA Club has announced that former Gard M claims director Christopher Brown wit! take
      331 words
    • 10 29 "11 m 0 i i■! in i tnr» K www.maritimeChain.com
      10 words

  • Page 30 Advertisements
    • 540 30 NORTH AMERICA \Z OULF/INDIA SUB-CONTINENT ZIP gurifn miuTTLC WKKm fm iqulf Karachi EXPWBB(aioo "»Bsa VOY LGB PKUN6 VBSH I VOT I Jtt I MM O*P 5111 PtO NBUOYD lANDAI ANAS IK It/OS 17/t5 19/05 27/05 OOCL CAUFORMA S3WII 09/05 27/05 29/05 PtONBUOYDOARWC! 111 23/05 24/05 24/05 03/0* OOQMWVOM M/ mvMO
      540 words
    • 85 30 SANKYU (S) PTE LTD "MK' 11 CLEMENTI LOOP, SINGAPORE *****3 TEL: *****40 FAX: *****11 CFS: KEPPEL DISTRIPARK BLK 513 #01-128 SINGAPORE *****9 JAPAN PORTS Hono Kong 1 All Chhm Porta lEVERY THUH A SUN VESSKU~ VESSEL VOY ETDSIN ITATYO ETA KOI ETA YOK ETA MGO ETAOSA ATIANTIC BRIDGE V.***** 27
      85 words
    • 707 30 lines services represented by mßk?\ of the Registry of Members of the IflW Accredited Shipping Agents, jSf Singapore Logistics jy Singapore Shipping Association Association ULY LINE MALI vissa Tvoy Tn* TIS eta t'i P. HANG SPORE MALE Empress Lily VO5Ol 04/06 05/06 11/06 Princess Lily VO5Ol 19/06 20/06 28/06 Empress
      707 words

  • Page 31 Advertisements
    • 1232 31 SAX SERVICE (DIRECT) I VESSEL VOY SMETA I IAX (MR ML NOU CM (01 KM 111 NYC API SARDONYX 026E 17/01 01/02 05/02 05/02 05/02 05/02 05/02 05/02 N/02 M/ 02 API TURQUOISE 040E 24/01 08/02 12/02 12/02 12/02 12/02 12/02 12/02 13/02 13/02 API JADE 0261 01/02 15/02 19/02
      1,232 words
    • 1965 31 TO ANN T/TsI«MYS J JB»H T/Tll2 MVS I AQUA > T/T tIS HIS I GENERAL AGENTS IN SMGAPORE: 00 ROOMSON RD #12-00 SAUS/MGS TEL *****57/43 FAX: *****21/71 RULATSIA OffKl: PASM GUDANG TEL 07-***** M FAX: 07-*****70 COSTAI ClimMfi m LTD SMGAPOKE *****0 OUTWARD (l/L) *****02 *****25/75 PORTKLAHG 03-*****633 03-*****660 TEL
      1,965 words

  • Page 32 Advertisements
    • 1306 32 SENATOR LINES Iwssa vot [aw Ita I tra \um I hmi Iwv| ax Ivtssa vot aw of on jb> m> HMUMMMK 0014W 27.05 MM 10.0* 11.0* 12.06 IXO* 14.0* FOWJURET 0014W 2US lUt HJt Hit 10.0* HAMJMQ&UNG 0003W 25.05 14.0* 17.0* 14-0* 15.0* lU* AUtOOf 0014W 02M HJ* IIM IMA
      1,306 words
    • 1007 32 Carrier MN uWvin UNES, MC p. guoang; (07) *****28 l-IV/V~J WM.IMCWM 88U: (084) *****9 MAMLA:(832)*****24 w W PENANQ:(M) *****98 BANGKOK: (882) *****67 SURABAYA (31) *****11 ft KBUkHkm*9BB77 .8Cft(21)*****48 KUCNNG(MB)*****I-3 LONG BEACH" 1 HELSINKI MV "HANJIN BEIJING" V.026E ETA SIN: 27-05-2001 YOK/TYO/KOBE/OSA KARACHI MV "HELENE RICKMERS" V.N192 MV "ORIENTAL BRIGHT'' V.SIA
      1,007 words
    • 509 32 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 VMMI VOY SPORE N.SHEVA COCHIN COLOMBO P.KLANG TULSIDAS 142 20 MAY 29 MAY 01JUN 04JUN BSJUN FRONTIER 110W 27 MAY FOR DISCHARGING ONLY/PHASED OUT PU GLORY 110W 03
      509 words

  • Page 33 Advertisements
    • 1415 33 IVESSEL VOY KHH HKO I SIN I PKL PXB SAB PMM UK IRAN TABATABAEI PCL-208 22/05 23/05 26/05 27/05 03/06 04/06 06/06 08/06 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 09/06 10/06 17/06 It/06 20/06 22/06 IRAN HORMOZGAN PCL-211 12/06 13/06
      1,415 words
    • 361 33 I IFrl k Loading tor OCEAN RANGER RDM/ATW/BMN/UK I EFESSOS RDM/ATW/BMN/UK I Loads EVW. Indonesia I Loading for MORNMG STAR DBUABU/DOVBRN/DMM/KWT WAGLANUGHT DBl/ABU/DOH/BRN/DMM/KWT SEA RENOWN DBI/ABU/DOH/BRN/DMM/KWT RAN EXPRESS HDO/JDH/AQA L CHMrTROVA JDH/AQA PAN QUEEN DBVABU/DOHWN/DMM/KWT PEUNOVO DBl/ABU/DOH/BRN/DMM/KWT •Loads Singapore. E-/W. Malaysia. Indoneaia Loading for 1 OCEAN EVER MZL/CAM/NFK/SAV/NOL I IDEE
      361 words
    • 1169 33 I EXPORT I IMPORT IJBLISIi\.WLI.BM.iII.SLIffIgLc ISS IJfo iJßfe i.Sk; ,i%s ,31s I Mi 6l*w If/ft nvS i3f>a iiyg If/5 ri'/S if/Ski Kmtm iffif- il>ds iir lrtos Q3/o* HB« as sailfell HKAMSBI 6UW lf/0* 6*767 M/ 67 M/ 67 ***** ***** W/tl kififlttVA 003t AU&_WSTjWO* WW" IrcnScssi 1 mow |i*/o> 13/071is/07|
      1,169 words

  • Page 34 Advertisements
    • 783 34 EXPORT VtSSa/VOYAOt SGP I BOM I IMG I bhv I top \m I IHV awmmmum 27/05 lw> I- iyo6 17/06 11UR511A*****15W mm am nM Htt LPWBMCO94IIWOIS fg Wh j 2VD6 frtt 27/06 2M» LDWIEO94IIMOI9 IMI6 29/D6 13M6 02/07 (M/D? OVO7 EXPORT VESSa/VOYACt I |OK>|CNAIFOS|IOI|VIC|TBS U GLOBE 0-090W 24/05 11/06 13/04
      783 words
    • 400 34 WORT I VESSEL VOYAGE SGP CM! DUB DRW KM NXV AXM JED AQI I ITGLOK OBOOO9OW HDS 29/05- I XIANGHE 017W 25/05 05/06 07/06 IM>6 I UMI ASPIRE 0007-034W 21/05 01/06- 07/06 09/06 IM*I UN POPULAR 0667-007W 29/D5 02/06 ORAM 09/06 15/06 I ITGRACE 0801-OBSW 3M)5 05/06- 1 BIN 6
      400 words
    • 800 34 AMAMBHUM AA ***** 23/05 27/05 IS/PS MilM I 441S 22/ OS I 27/DS MfflLßflHtl im JW Mi -S -TO OUMABHUM 174 M WK UM hM Iff**, nl -ML_ mm s4fN m =—m. SSS¥ 35 -SI M XETHA IHUM" m_V& m Z m- •clltoli ITTC 1 ceßne UTC3 SHMAAMAMI 1 Mi
      800 words
    • 532 34 f^BSSS INDONESIA NATIONAL LINE TO AUSTRALIA "I PULL COIfTIMWBB ICffVICC vsl wr m m me n stp m tu. m NYKHUDf MS H/05 23/05 79/05 04/0* 06/06 09/06 fONDAOfiAtt "ST N/05 30/05 W/i 11/06 13/06 16/06 tnram ~~m m/ 0605/06 li/ot 17/061V06 «/Q6~ POTSDAM "ioS~ 11/0611/16 n/M >4/06 16/06 79/06
      532 words

  • Page 35 Advertisements
    • 418 35 i BSfl it. *mm MYANMA WBk FIVE STAR UNE 'T" (Myonmar National Line) Loading for Yangon VESSEL VOT SIN PKL PEN PGU •AGO 11IW SID MONGLA 4SW SU> MALAYSIA AGENTS: ROUSTEAD SHIPPING AGENCIES KUL TEL 03-*****300 PKL TEL 03-3176*101 P9I: TEL 04-2****** PGU: TEL 07-*****21/4 BANK LINE (A servke el
      418 words
    • 429 35 HMNE* HYUNDAI MERCHANT MARINE CO., LTD. INTRODUCING NEW v V Vv. -'V i'.V 'V WV' pgjiijgmaVtlßßw J^^Uilski!iulu9ilkL^^^! "Tal d k< < kwl W if *V k *">™; ■*>C V* y 4 V \*w v S>>-'»; CALLING SINGAPORE EVERY SUNDAY MAIDEN SERVICE APL FRANCE V.IOIW/ETA SIN 17 JUNE 2001 ADEN 7
      429 words
    • 962 35 vOOv WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERKA "CAR RORO HEAVYUFT SERVICE" Ivissa VOY RAMP HEIGHT SIN IK* MAO I MIA I SAV I BAi. I ORf NYC WEW I MOT" TEXAS ANIII 400Tms 6.3 M IN-PORI 27/06 30/06 02/07 04/07 05/07 07/07 11/07 13/07 TORA AMI 12 4001 MS
      962 words



  • Page 38 Advertisements
    • 73 38 SINGAPORE PTE LTD 9 15 McCallum Street #03-01/02 Natwest Centre Singapore *****5 Fax: (65) *****66 Email: generalWecusin eculine.net Website: http://www.eculine.iiet Premier Weekly Feeder Service To SRI LANKA INDONESIA INDIA Jakarta, Semarang, BANGLADESH Belawan ff Surabaya See Page 4 Call: 220 3373 FREMANTLE KYOWA LINE COCOS CHRISTMAS ISLAND WESTERN AUSTRALIA Guam/Saipan/
      73 words

  • Page 39 Miscellaneous
    • 129 39 ■TBEQIONA UWEATHER IML J IaBI JP tjx '^^^~J LEQEND:" tetutd by kteltoiologieal Strvlc* Singapore K Thunderstorm i Showors Q- iri Temperature °Cp/ Wind direction and speed in knots Ha,n Weather Cloudy Day c><o Hazy Sea Conditions W.nd speed symbols pH Slight, < 1.2 m O Full circle w/o line indicates
      129 words