The Business Times, 11 June 2001

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Microfilm: NL22998
Total Pages: 46
1 46 The Business Times
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  • Title Section
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    14 1 THE BUSINESS TIMES MITA (P) 107/03/2001 SINGAPORE Internet: hiip://business-times.asial .com.sg/ MONDAY, JUNE 11,2001 85C
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  • Article
    Lock icon MARKET SUMMARY
    69 1 STOCK MARKET INDICES WMi Changf ST1 1.707 46 +57.68 S1MSCI FUTURES 213.20 +9.60 BT-SRI 665.97 17.72 KLSECOMP. .575.71 +4.45 NIKKEL —13.4-10.22... +168.38 HANG SENG. 13,808.89...+667.51 SET INDEX. 312.29 +0.23 JAKARTA COMP 398.81 +2.30 MANILA COMP 1,410.50. -5.59 TAIPEI WP1 5 ♦J6.28.„.+212.32 SEOUL COMP 621.78._„+14.71 SHENZHEN B.. 375.20 -34.47
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  • Article
    Lock icon FINANCE
    82 1 FOREX SATES US$ S$ USS (SS per USS) 1J10 £(l"SS/SS per 1.381 1499 EURO(USS/SS/E) 0.848 1.536 DM 1306 1174 YEN 1205 66.60 RM 3.800 1100 HKS 7.799 4.310 BAHT 45.15 24.95 RUPLAH ***** 6.193 SS to 100 units PBOfE RATES SINGAPORE* 580 KUALA LUMPUR 767 JAKARTA .39.00 BANGKOK 930
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  • Article
    Lock icon DBS'derivatives business up 11 times
    707 1  -  BTiqmiiuwsi All other local banks see growth in 2000 too bnt DBS is way ahead at $147b By Siow Li Sen DBS Group Holdings' financial derivatives business last year surged, with the underlying principal amounts that were traded up more than 11 times to $147
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  • Article, Illustration
    Lock icon Megawati aide lifts veil on her approach to economy
    991 1  -  BTrara nra re From Shoeb Kagda in Jakarta INDICATIONS of how VicePresident Megawati Sukarnoputri will handle the economy, her views on related issues and ideological stance when she takes over the helm of her country are firming up. The leader of
    AFP  -  991 words
  • Article, Illustration
    Lock icon US and S'pore aiming for 'model' FTA
    1048 1  -  Bnt even if lofty aims achieved, Washington politics likely to delay implementation From Catherine Ong in Washington US and Singapore officials are doggedly thrashing out an ambitious deal which they hope would set a benchmark for the rest of the world on the
    AFP  -  1,048 words
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      91 1 INSIDE Top stories SALE in Ss2oom bond issue to double fleet. Pg 3 Fixing directors' fee. Pg* Muis in securitised bond issue to buy $32m building. Pg 9 Soros scouting for replacement. Pg 10 Arts Fest Still waiting for a great tale on Dr Sun. Pg 24 8 There s
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      2 1 r BTCOMMgg*
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      55 1 In BizlT today Gartner Upbeat about IT L JBt in S'pore and Asia Pac p age 2 9 m Virus buster Steve Chang of Trend Micro Page 6 f Kenneth James: Microsoft wants to y rule the world Pa ge 4 US-S*po<re ties warmest in years. Next Page Fight far
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    • Article
      Lock icon PwC audit, consulting arms to split by July 1
      753 2  -  _£lT Group's regional consulting business still healthy, says S'pore head "U Anna Teo JULY 1 that's the target date for the global "operational separation" of PricewaterhouseCoopers' auditing and consulting practices. Chia Tek Yew. managing partner of PwC's Singapore Management Consulting Services,
      753 words
    • Article
      Lock icon Fight for fast-track implementation bill
      311 2  -  By Catherine Ong TECHNICALLY, the US Congress does not approve trade agreements. It votes on an implementing bill that sets the agreements in motion. If the president sends a trade agreement and its implementing legislation under fast-track up to Capitol Hill, legislators have a specified
      311 words
    • Article
      Lock icon US-S'pore ties warmest in years
      688 2  -  Singapore is US' 10th largest trading partner From Catherine Ong Washington PRIME Minister Goh Chok Tongs visit to Washington, DC this week comes at a time when Singapore-US relations have been the warmest in years. Despite a benign neglect of South-east Asia by the Clinton
      688 words
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      112 2 DANIEL ROTH I "Premier" Exclusive Daniel Roth module. Jt 1 dra g8' n g retrograde hour hand advances Jiff 3 to return instantly to its point ot departure before continuing its course. Date o'clock. yV>*N If, SINGAPORE THE HOUR CLASS T.jUsh.m.ivd S.( >\ ViAIAVSIA THE HOUR CLASS L«U 10 Shopping
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      8 2 Corporate leader scene needs younger blood. Pg 8
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  • SINGAPORE companies
    • Article, Illustration
      Lock icon S$200m bond issue to help SALE double fleet
      634 3  -  BmiMIIUWJ It makes public results for first time; profit was np 22.6% to USs4l.4m By Conrad Raj SINGAPORE Aircraft Leasing Enterprise, one of the world's top 10 aircraft leasing companies, is issuing Ss2oo million worth of bonds as part of its plans
      RICHARD CHNG  -  634 words
    • Article
      Lock icon Fixing directors' fee
      1142 4  -  CORPORATFI.I.Wj..M.I.)J Peter Wallace The writer is practice leader, enterprise risk management, Ernst Young Singapore. E-mail address: peter-ianjjoallaceiasg.eyi.com THERE appears to be a lot of coverage in the local media of directorial issues. The most common topics seem to be directors' duties and remuneration. We addressed the issue
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    • Article, Illustration
      Lock icon Turnover boost for Tiong Woon
      746 5  -  The company expects $8m crane to open doors to international markets By David Boey TIONG Woon Corporation expects a 5 per cent boost to its FY2002 turnover from the deployment of an $8 million self-pro-pelled crawler crane it bought recently. But it will take five
      CHRIS LOH  -  746 words
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      280 3 p| A LIFE LESS ORDINARY DON'T PLAY WITH THE STEREO ]L f BS^H fi I Take a look at the BeoSound 3000. It's the essence of music and magic I Just raise your hand and as the light comes on, the glass doors gently open. J Watch the spinning compact
      280 words
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      1048 4 <f> CENTREPOINT PROPERTIES LTD (Incorporated in the Republic of Singapore) RESULTS FOR THE HALF YEAR ENDED 31 MARCH 2001 Financial Statement And Dividend Announcement The Directors make the following announcement of the unaudited results for the half year ended 31 March 2001 Half year to Half year to 31/3/2091 31/3/2
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      387 4 Jp|! National University of Singapore Department of Real Estate Centre for Financial Engineering Founded 1905 Joint Exocutivo Programme on and Aims Real Estate Securitization Instruments The objectives of the 3-day executive programme on Commercial and Residential Markets Instruments Real EstateSecuritization and Financial Innovations, jointly organised by NUS Department of Real
      387 words
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      431 5 generaf/on but in«ss 0 7OIOQ Register today for the "Turning Data into Decisions" conference. J9?l I |l Ancf you'll discover how DBS I§!LfJKJ version 7.2 can make your decisions for you. 1 V| Decisions are easy to make when you have the facts, m M I I V H M
      431 words
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Untitled
      1367 6 Source: JM Sassoon Stocks Volume Tianjin Zhong 319,814.000 UniFood HK25c 132,537,000 TPVUS1C 119.386,000 People s Food HGK 50c 116,210.000 Frontline 5c 104,787.000 SingTel 15c 101.182.000 AEM-Evertech 5c 79,317,000 North 22 US1c 70,839,000 AP Ol 5c 67,956,000 Eagle Brand HK75c 62,515.000 Stocks Tianjin Zhong 494,660,168 SingTel 15c 186.548.659 DBS Grp 142,115.002
      Source: JM Sassoon  -  1,367 words
    • Article, Illustration
      Lock icon Beware the perils of playing the numbers game
      642 6  -  STOCKS r. sivanithy UMBERS don't I lie". It's a wellW I I known saying I I based on the unI I derstanding I that in a world I full of subjec--1 tive opinions, numbers can provide objectivity if so desired. And this
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    • Article, Illustration
      Lock icon Play on Optus' weakness with Citibank put option
      171 6  -  WARRANT WATCH By R Sivanithy AFTER a brief rally, it looks like Cable Wireless Optus' shares in Australia are coming under pressure again. There are two ways to try and capitalise on Optus' expected weakness. One would be to short-sell the various
      171 words
    • Article, Illustration
      Lock icon Frontline testing 40-cent resistance
      237 6  -  HOT STOCK By Ven Sreenivasan THE stock of systems integrator Frontline Technologies has been on a high-oc-tane rally for the better part of the past two months. It closed unchanged at a record-high of 39.5 cents last Friday. It also maintained its presence on the actives
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    • Article
      Lock icon Market Notices
      138 6 ♦HOTEL Royal Ltd will go ex-dividend (first and final dividend of 5.00 cents) on June 12. Last day for buying-in on a cum basis is on June 15. Date payable is on June 29. AMARA Holdings Ltd will go ex-dividend (first and final dividend of 0.40 cent) on
      138 words
    • Article
      Lock icon Yen weakens while Aussie dollar, Thai baht maintain uptrend
      560 6 AFP [HONG KONG) The yen weakened last week, while the Australian dollar gained slightly with dealers predicting it will continue to strengthen. Japanese yen: The yen lost ground last week following comments by Japanese Finance Minister Masajuro Shiokawa that he wanted
      AFP  -  560 words
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      345 7 vO** (V L2s yV i i l 6° MHF I > \J_" L3so* Lloo SB Xt, Vt y 4 J* -> '■> i«; v :.-v v >•, ->... x i :<, s < j >-;'* ,> v '''V 1 Selecting the best fax is as simple as dialing Canon >„---'
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  • SINGAPORE news
    • Article, Illustration
      Lock icon Corporate leader scene needs younger blood
      1080 8  -  Groom next-generation leaders: PwC S'pore chief Anna Teo OUTSIDE of the political arena, there is too little focus on the next generation of leaders especially in the local corporate sector laments the new head of PricewaterhouseCoopers' consulting practice in Singapore. "We spend a lot
      ARTHUR LEE  -  1,080 words
    • Article
      Lock icon SM: Hard work at SIP is done
      726 8  -  Sirs VISIT TO CHINA Couple of existing investors have booked new space since passing of baton to the Chinese From Loh Hui Yin in lieijhtg SENIOR Minister Lee Kuan Yew was in a good mood when he visited Suzhou a couple of days
      726 words
    • Article, Illustration
      Lock icon April wholesale prices up 2.1%
      260 8  -  1 ii 11 in the economy wholesale prices By Teh Hooi Ling SINGAPORE wholesale prices resumed their climb in April after a dip in March. Figures from the Department of Statistics showed that the domestic supply price index rose by 2.1 per cent year-on-year in
      Source: DOS  -  260 words
    • Article
      Lock icon Muis to issue securitised bonds to buy $32m building
      386 9  -  BTLUJIIUM Issue will be first to comply with Islamic law, opens door to others By\ Ling Su Ann THE Islamic Religious Council of Singapore (Muis) will, for the first time, be issuing bonds to finance the restructuring of its property portfolio,
      386 words
    • Article
      Lock icon Electrolux to roll out intelligent appliances
      403 9  -  By Elaine Phua HOMES of the future will be intelligent, and the Electrolux Group of Sweden plans to play a key role in developing products designed to improve the convenience and security of each home. For now, the group's symbol of intelligent living is
      403 words
    • Article
      Lock icon Better to refund RTC members than expand club
      260 9  -  MAILI^TH Tan Buek Song Daniel Singapore I REFER to your article "Raffles Town Club in talks to buy additional premises" by Conraj Raj (BT. June 7). With the legal actions hanging over their heads, the new board of directors/shareholders are overly confident
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      944 8 mmmmmm TIMES PUBLISHING LIMITED ANNOUNCEMENT Times Publishing Limited UNAUDITED RESULTS FOR THE HALF-YEAR ENDED 31 MARCH 2001 T THE BOARD OF DIRECTORS OF TIMES PUBLISHING LIMITED ANNOUNCES THE FOLLOWING UNAUDITED RESULTS FOR THE HALF-YEAR TO 31 MARCH 2001 GROUP COMPANY Thousand of dollars 2001 2000 Change 2001 2000 Change 1
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      281 9 gk t Enlightening. Inspiring. That's just the courses. Wait until you meet the faculty. Singapore > Human esource Executive Program Hong Kong > Leadership m Action June 18 22.2001 Supply Cham Management juty 9. 12 2001 Jtxn us mAm 200 r(o Discover wny me Corporate Performance Measurement August 13-17 2001
      281 words
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  • New Asia Biz Woman
    • Article, Illustration
      Lock icon Success via the Spice Route
      988 10  -  Devagi Sanmugam tells TAN HWEE HWEE how she went from UN handouts as a child to opening a shop in Little India TAN HWEE HWEE N EXT time you want to pamper your skin, skip the expensive beauty spas and head straight for the kitchen.
      RICHARD CHNG  -  988 words
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      450 10 June September 2001 Ca Presentation SkiSs: Module 6 erf 6 Core Competencies for Executive (sth run) Bjw,9«n-5.30pm PD People Developer Consultant Course (to PSB specifications) NEW 13-15 )un, 8.30 5.30 pm SS Sharing Session: Devdoping Seivice Cutture/Syston 21 Jun, 4 pro-5.30pm MPR Managing People and Relationships (3rd run) 28-29 |un,
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      132 10 TRAVEL GUIDE The Straits Times Classified. Classifications 573 587. j CATS.; Buy h. Sell H Find h. AIR FREIGHT A SPECIAL FEATURE SHIPPING TIMES 20 JUNE 2001 J logistics and related businesses, 20 June 2001 could bring unprecedented opportunities. For enquiries or V.- -V" That's because Shipping Times >ww>iri i
      132 words
  • Page 10 Miscellaneous
    • Miscellaneous
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      315 10 CRYPTIC CROSSWORD I I WM MM Hi Hhh| mi FTI ■re IH H Hi m ■r ~^bt' wgt HHH p9 ACROSS bty (7) 6 Note about African country's 5 The first two to find orchid (4,1 styte of art (10) 3) 8 Supplies for student and 7 Rival quietly relaxed
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  • MALAYSIA news
    • Article
      Lock icon Mier urges currency basket peg
      510 11 KUALA LUMPUR Concerns over how long ringgit peg to US dollar will hold as foreign reserves fall Reuters THE Malaysian Institute of Economic Research (Mier) said a re-peg of the ringgit is not an answer to the country's woes, arguing that a transparent basket of
      Reuters  -  510 words
    • Article, Illustration
      Lock icon New game for Daim-linked stocks
      680 11  -  KL STOCKS Full Impact of bis exit not clear, but political risks are up for certain counters eddie toh SPECULATION on the imminent departure of Malaysian Finance Minister Daim Zainuddin has finally turned out to be spot on but many questions are still unanswered. Is
      680 words
    • Article
      Lock icon MAS to join global alliance soon
      143 11 KUALA LUMPUR Reuters MALAYSIAN Airline System Bhd (MAS) will soon join a global alliance of airlines to improve its fortunes, a newspaper said yesterday. MAS managing director Mohamad Nor Yusof told the Malay-language Mingguan Malaysia weekly that it would sign the deal with an
      Reuters  -  143 words
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      19 11 [iToTI E Lianhe Zaobao I QSjcorporate I iwoliig I Chinese I I enterprises I I here I I I
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      156 11 Entry Number 1889 j The Rotating Systems Organiser X WSARO or rem nc n 9 y OO ver yth' n g y° u nee d to do* every cloy* INNOVATION SINGAPOR! V Jl J Today ■L Crazy Idea? Maybe Not. Things to do. From the seeds of wild ideas are
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      357 14 w j N OA, I KIN V N ABV Systems Pte ltd ACE Daikin (S) Pte Ltd AnE] j j y\ j ceJeote Air Poiution Control 3M Singapore Pte Ltd ANDO Corporation I EEHESIHaSESEI v _y N j AKrfon JpiL A, ACAAI (fljj PfINT) Akrion Singapore Pte Ltd Alantac Engineering
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  • REGIONAL news
    • Article
      Lock icon Thai education minister quits over policy row
      457 15 BANGKOK Kasem Wattanachai quit after conflict with colleague over education reform policies reports AP, Reuters THAILAND'S education minister, one of the co-founders of the ruling party, yesterday said that he has resigned from the 3 Vt -month-old cabinet. Kasem Wattanachai told reporters that
      AP,; Reuters  -  457 words
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      • Article
        Lock icon Arroyo rejects ransom talks with rebels
        63 15 AFP [MANILA] The Philippines maintained a hardline stance against Muslim guerillas who had threatened to behead three Americans yesterday if Manila failed to grant their demands. President Gloria Arroyo reiterated that her government would not negotiate a ransom with Abu Sayyaf gunmen holding a
        AFP  -  63 words
      • Article
        Lock icon M'sian opposition demands probe
        80 15 AP [KUALA LUMPUR] Opposition leaders yesterday demanded that the Malaysian government order an investigation into a judge's comments that he had been given a directive to dismiss a case challenging the election of a pro-government candidate in a state election. High Court Justice Muhammad Kamil Awang
        AP  -  80 words
      • Article
        Lock icon Did cocaine also influence Dipendra?
        66 15 AFP [LONDON] Nepal's crown prince Dipendra was under the influence of cocaine as well as alcohol when he massacred nine members of the country's royal family, news reports here said yesterday. The Sunday Times newspapef quoted an unnamed source as saying that cocaine had been
        AFP  -  66 words
      • Article
        Lock icon More floods hit Hong Kong
        53 15 AFP [HONG KONG] Hong Kong was hit by more floods yesterday after five straight days of torrential rains that swamped outlying areas and saw rescue helicopters plucking villagers from rooftops. By noon, more than 30 floods had been neported across the territory, the Hong Kong
        AFP  -  53 words
      • Article
        Lock icon Bangladesh PM to step down
        52 15 AP [DHAKA] Prime Minister Sheikh Hasina said she will step down next month to pave the way for general elections. The 330-seat Parliament is expected to be dissolved on July 12 on completion of its five-year term, Ms Hasina said at a gathering in Dhaka
        AP  -  52 words
      • Article
        Lock icon Huaren to discuss controversial deal
        43 15 Bernama [GENTING HIGHLANDS] The four trustees of Huaren Holdings Sdn Bhd, an investment arm of the MCA, will meet on Wednesday to discuss Huaren's controversial takeover of Nanyang Press Holdings Bhd, MCA president Ling Liong Sik said yesterday.—Bernama
        Bernama  -  43 words
      • Article
        Lock icon KLSE reprimands two companies
        31 15 Reuters [KUALA LUMPUR] The Kuala Lumpur Stock Exchange (KLSE) on Saturday reprimanded Tenggara Oil Bhd and CI Holdings Bhd for offences under the exchange's listing rules. Reuters
        Reuters  -  31 words
    • Article, Illustration
      Lock icon Interest rate outlook clouds Thai stocks
      503 15 BANGKOK Central bank's move may spark hike in banks' deposit rates Reuters THAI stocks are expected to trade in a tight range this week because of lingering uncertainty over the direction of banks' interest rates and a negative mindset among foreign investors. Analysts said
      Reuters; REUTERS  -  503 words
    • Article
      Lock icon HK's China plays seen rising on WTO hopes
      601 16 WTO ENTRY Market deregulation expectations conld also boost shares Reuters [HONG KONG) Renewed hopes that China will enter the World Trade Organization (WTO) this year, and expectations of further deregulation of its securities markets could boost Chinese stocks listed in Hong Kong
      Reuters  -  601 words
    • Article
      Lock icon Sino-US WTO deal a win for trade ties
      692 16 BEIJING Economic relations back on track even as they disagree on other fronts: analysts AFP THE agreement hammered out by China and the United States on Beijing's entry to the WTO indicates both are eager to get economic relations back on track
      AFP  -  692 words
    • Article, Illustration
      Lock icon Beijing to launch second board next year
      230 16 AFX-Asia [HONG KONG] The Chinese government has decided on the need for the development of a second-board stock market, but one will not be launched until the State Council considers the time ripe, Anthony Neoh, chief adviser to the China Securities Regulatory Commission
      AFX-Asia; AFP  -  230 words
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      38 15 11 The |Sf rCi/ Modern Peranakan... Continuing The Tradition Fvifel THE \ns\ BLUE GINGER RESTAURANT ')7 l:iiij<nio |i;i(>ii road, I(SK>IS lil: 222 V>2X unit 05-02< lln- lii'i'ivn. 260 orchard road. 2.^5555 til: V)2X I'or < alcrinji. pli-asi- call 222-^'>2S
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      48 15 at*** 'HBP?* p CREDIT AGRICOLE ASSET MANAGEMENT H NOW, MORE THAN EVER, YOU CAN COUNT ON THE EXPERTISE OF OUR INTERNATIONALLY RENOWNED INVESTMENT TEAMS. Credit flgricole Asset Management Singapore Limited 6 Raffles Quay *10-05 Singapore *****0 Tel: (65) 536 4822 Fax: (65) 536 4322 www co-assetmanagement.com e-mail: info@sg.ca-assetmanagement.com
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      1850 16 EAOLE BRAND HOLDINGS LIMITED EAGLE BRAND HOLDINGS LIMITED (Incorporated in Bermuda with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Eagle Brand Holdings Limited ("the Company") will be held at sth Floor. Foshan Shiwan Eagle Brand Ceramics Ltd., Shiwan Laichanggang, Foshan.
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      785 16 I NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 nn BBR HOLDINGS (S) LTD (Incorporated in the Republic of Singapore) ANNOUNCEMENT RENOUNCEABLE NON-UNDERWRITTEN RIGHTS ISSUE ("RIGHTS ISSUE") OF 300,000,000 NEW ORDINARY SHARES OF $0.05 EACH (THE "RIGHTS SHARES") IN THE CAPITAL OF BBR HOLDINGS (S) LTD (THE
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      12 16 To advertise your simply fax: 741 1298 or Call toll--1800 741 1883
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  • WORLD news
    • WORLD Watch
      • Article
        Lock icon Ruggiero is Italian foreign minister
        91 17 Reuters [ROME] Italian centre-right leader Silvio Berlusconi yesterday named key cabinet ministers who will make up Italy's 59th government since 1945. The media tycoon, whose coalition won a general election last month, named Renato Ruggiero, ex-head of the World Trade Organization, as foreign minister. Giulio
        Reuters  -  91 words
      • Article
        Lock icon Koizumi expects tough economic year
        83 17 AFP [TOKYO] Prime Minister Junichiro Koizumi yesterday dismissed optimism over the Japanese economic outlook and warned of a tough economic year ahead with rising unemployment and corporate bankruptcy. "I cannot say the economy will get better soon," Mr Koizumi told Japan Broadcasting Corp (NHK). "We
        AFP  -  83 words
      • Article
        Lock icon Virgin picks Sprint for US mobile move
        94 17 Reuters [LONDON] Richard Branson's Virgin Group has chosen US telecoms operator Sprint Corp as its partner for a US$l billion assault on the North American mobile market, an industry source said yesterday. Sprint beat rivals including AT&T Corp to supply the network for
        Reuters  -  94 words
      • Article
        Lock icon KLM held'general talks'with BA
        80 17 Bloomberg [AMSTERDAM] KLM Royal Dutch Airlines yesterday said it held talks with British Airways though denied a report the two carriers are seeking to renegotiate a merger eight months after talks on a possible combination collapsed. The Sunday Times said BA chief executive Rod Eddington renewed
        Bloomberg  -  80 words
      • Article
        Lock icon Daewoo Motor posts 2nd month of profit
        69 17 Reuters [SEOUL] South Korea's bankrupt Daewoo Motor Co yesterday said its operating profit doubled to 13.5 billion won (5518.9 million) in May from a month earlier, brightening prospects for a takeover by General Motors. The carmaker saw its first operating profit in three
        Reuters  -  69 words
      • Article
        Lock icon French high speed train gets going
        57 17 Reuters [PARIS] A new high-speed train link that connects Paris to the Mediterranean port city of Marseille in just over three hours entered regular service yesterday. Three days after French President Jacques Chirac inaugurated the US$3.5 billion line, the first paying passengers boarded early
        Reuters  -  57 words
    • Article
      Lock icon Morgan Stanley sued for unauthorised trades
      291 17 NEWARK, New Jersey Bloomberg MORGAN Stanley Dean Witter Co has been sued by a New Jersey couple who allege that the firm's brokers used their account for unauthorised trading and a margin loan, while covering their tracks with false statements. James and Teri Vayas
      Bloomberg  -  291 words
    • Article
      Lock icon US economy skating on thin ice: poll
      630 17 WASHINGTON Bnt most economists expect economy to avoid even one quarter of negative GDP growth Reuters, AFXAsia THE US economy should manage to escape a full-blown recession but its growth is meagre and it is "skating on thin ice." the closely watched Blue
      Reuters,; AFX- Asia  -  630 words
    • Article
      Lock icon Goldman Sachs vows to keep Internet fund going
      541 17 NEW YORK Tollkeeper Fund still np despite 41% loss in past 12 months Reuters INTERNET stocks have been hammered and a number of prominent funds focused on the fledgling Web sector are closing down. But Wall Street investment bank Goldman Sachs Group
      Reuters  -  541 words
    • Article
      Lock icon New Economy, old fears at BIS annual meeting
      687 18 ZURICH Faltering rise in productivity growth likely to raise concerns over global recovery Reuters A CENTRAL bankers gathering for the annual meeting of the Bank for International Settlements (BIS) today may not look like candidates for an Internet start-up, but some may
      Reuters  -  687 words
    • Article, Illustration
      Lock icon George Soros scouting for replacement
      673 18 PBOPLE Officer needed to ill-house equity portfolio and later all investments NYT [NEW YORK] George Soros is looking for a replacement. Finding one will not be easy. Mr Soros is one of the world's most storied investors and as replaceable as John F Welch Jr,
      NYT; FILE PHOTO  -  673 words
    • Article
      Lock icon US Energy Dept expects petrol pump prices to fall
      508 18 WASHINGTON Bloomberg A NEW Energy Department forecast has predicted that petrol pump prices will drop nearly a dime (10 US cents) a gallon from the current average of US$l.7l a gallon far below the excited warnings of a possible US$3-per-gallon price
      Bloomberg  -  508 words
    • Article
      Lock icon Washington awaits McCain bombshell
      567 20  -  LETTER Hie powerfal Arizona senator can make life miserable for President Bush leon hadar SO what was behind that mysterious rendezvous over the weekend between maverick Republican Senator John McCain of Arizona and the new Majority Leader of the Senate, Democrat Tom Daschle of South Dakota?
      567 words
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      313 17 projecteyeball. Net ßFl\fl icons VC Suck.com and feedmag.com twoo^e^et^ have ceased caasl '■■"-juzZzzZZ" operations. Their Wr Sg. fti?- parent company 2HSSSC. PS has nun out of cash. -ir §S;5- Eyeball tracks their s~ rr STi nse and demise. P** jr^»t3«tow»'•" rt .re—r > *s£s*** r>- Fte: John Lui has the
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      230 18 SINGAPORE PRESS HOLDINGS NEWSPAPERS PRESENT in our Dotty Draws! Up to $60,000 to bo won! fJ Spend $30 mminum in a single receipt at any participating %m outtet and can the hoUne on tke sum day to sakadt your M V entry for our MyndFottratMyOranl 1 Ran MONDAYS TO NEMKSOMS,
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      158 19 Wake up to a new force in corporate banking and financial markets... Foreign Exchange Currency Options m Interest Rate Derivatives Fixed-Income Syndicated Lending ft Structured Project Money Markets v'* x -~tfe. maw* I I At The Royal Bank of Scotland and We are now the third largest For more information
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      1813 20 H -41 FRASER AND NEAVE LIMITED (Incorporated in the Republic of Singapore) RESULTS FOR THE HALF YEAR ENDED 31 MARCH 2001 ATTRIBUTABLE NET PWOWT Financial Statements And Dividend Announcement Half year to The Directors are pleased to make the following announcement of the unaudited results for the half year ended
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  • COMMODITIES & futures
    • Article
      Lock icon COMMODITY WeeklyRoundup
      599 21 AFP [LONDON] Oil prices lost some of their froth last week as traders took comfort from a large stock build and Opec pledges to make up any shortfall left by the Iraqi decision to halt exports. Gold prices stabilised after the wild swings of recent weeks. But the
      AFP  -  599 words
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      1290 21 BWUTOg QOTBMMIOT SECURITIES DIPICATlfU PRICES AMP YIELDS Week ended JuuX Mm MM Tw C—9— mtmttf C•* TTM IM Offer T«f Matmth C*t TTM K Offtf 2-YR 2.250 0t-Apr-00 N*****0S 2.26% 2.23% 99.98 100.03 5YR 3.250 15-M«y-02 N*****0X 3.07% 2.85% 100.35 100.55 7-YR 5.625 01-JnHX) NX*****H 3.30% 3.28% 114.55 1M.65 5YR
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      1570 21 8IC0M FUTURES Jun s RUROER (MmcMi a at 5J0m) RSS1 CONTRACTS cMb/kQ} ClQM Mm OfM M-tt Mfh U» fctt (tmmm) Iatmut MOI RUM tag 01 IKLSO 110.50 RL25 290 01 H2.73 250 RkM n M50 BSS3CONTRACT (US MM J5« MOO 555 *075 25 *75 tag 91 6125 MOO 60.75 425
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  • STOCKS sgx
    • Article
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      11377 22 'IBMWrimfii ~l—mi iiH nil IWIlliilTiiiti WMH II< BONDS WARRANTS U-Sm* Urn/ lifty Mhfe LflV CmwY j mm i MWWHiy AvQ iMMi CMV bv HK HUH rM,t >«■ fc»r Mm mi Mto MM mi Til 37 0.5 S Acma W0)0724 OS n c < 15 2.5 S AIITech W*****7 '3 f'
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    • Article, Illustration
      Lock icon Sterling weakness seen helping euro
      584 22 SOX Derivatives Trading Weeklyßoundup THOUGH the UK election is out of the way, the spectre of entry into the European single currency will continue to cast its shadow over the sterling and currency markets in general, as investors look for more concrete signs from "Not-So-New
      Source: SGX  -  584 words
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  • ARTS festival
    • Article
      Lock icon BT SCORECARD
      191 24 Streb: Action heroes (dance) Panelists. Parvathi Nayar, Lim Ctiian Huap. Stephanie Burridge Score 1 Snob Appeal 0 (pretentious twits around) -10 (even the culturally averse will enioy it) 2 The Snoro o Moter 0 (try not to drool when you nod off)-10 (a higher high than caffeine) I
      191 words
    • Article
      Lock icon BT SCORECARD
      212 24 Romance of the butterfly lover (theatre) Panelists: Chua Soo Pong. Christian Huber, Cheah Ui-tioon Score* 1 Snob Appeal j a Q 0 (pretentious twits around) -10 (culturally averse will enjoy it) 2 The Snore-o-Meter n 0 (try not to drool when you nod crff) -10 (higtier hiQh than
      212 words
    • Article, Illustration
      Lock icon Still waiting for a great tale on Dr Sun
      547 24  -  One Hundred Years in Waiting could have weaved a compelling story but it didn't, opting instead for didactic ideology and a weak modern 'parcel' story, says PARVATHINAYAR PARVATHI NAYAR ONE Hundred Years in Waiting, the much-awaited collaboration between The Necessary Stage
      547 words
    • Article
      Lock icon Child actors wanted for role in Miss Saigon
      228 24  -  THE ARTS Hit Elaine Phua A CHILD star may soon be born when auditions start this Sun day for the role of Tarn in the upcoming musical Miss Saigon. Associate director Darren Yap is looking for Asian or Eurasian boys or girls,
      228 words
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      666 24 FOOD/ ENTERTAINMENT The Straits Times Classified. lc*rl| Classifications 5 36. Buy h. sen h. fm h. Where to wine, dine and entertain^^fe-a f- 1 i i J Medan Food Festival 8 to 24 June 2001 Participate in the Lucky Draw ami win a pair of return air tickets to Medan
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      143 24 u A N mijyjlt A to X a#»#€s:* 3Ef»^sW«L^* A Wuxi Feast A liangnan Boat Banquet 4 to 12 June 2001 ®B7K Lunch: 12:00 noon 2:30 pm Ib% Dinner: 6:30 pm 10:30 pm CHINESE KsrouMNt Reservations: 831 6262/66 rflh i Mattiarut ||J Sutgaparr ww mt a ts gf.'BlB 333 Orchard
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      451 25 Still growing fast l| By 2004, the Asia-Pac IT market will double and even Singapore's mature market will expand by over 50 per cent a Gartner study concludes. Andrew wee has the details. By IT market size 1 China 1 China J 2 Korea 2 India 9 3 Australia ~3
      451 words
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      48 25 TOP STORIES Ringing support for Sun's Java from Nokia Fg3 Champion virus-buster Steve Chang of Trend Micro P*6 Software that's caught theeyeofEDß P|B Managed services provider market growing fast PglO COMMENTARIES Kenneth James: So Microsoft wants to rule the world P*4 Raymond Teh: Will P2P replace B2B? Pg*
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  • BIZIT
    • Article, Illustration
      Lock icon S'pore IT market to grow another 56% by 2004
      1008 26  -  gEgmna Research group Gartner Inc sees the Asia-Pacific market nearly doubling to USs2B7.6b in the same period By Andrew Wee SINGAPORE'S mature IT market is expected to grow by more than half again by 2004, while the Asia-Pacific region, excluding Japan,
      1,008 words
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      Lock icon Growth ahead
      4 26 Source: Garter
      Source: Garter  -  4 words
    • Article, Illustration
      Lock icon Ringing support for Sun's Java from Nokia
      692 27  -  The mobile phone giant sees its Java-enabled phones enabling a variety of new services, reports Jennifer lien in San Francisco JENNIFER LIEN CELL phone giant Nokia last week threw its support behind Sun Microsystems' Java programming language, announcing that it would ship 100
      REUTERS  -  692 words
    • Article, Illustration
      Lock icon So Microsoft wants to rule the world...
      924 28  -  INFOITECH What are Its competitors doing about It, besides griping? Not enough kenneth james The writer is BT's Technology Editor WHAT a difference a year makes. Last year Microsoft Corp was being pummelled by its foes, bruised by a serious slowdown in sales,
      ARTHUR LEE  -  924 words
    • Article
      Lock icon Users given more control with Office XP
      450 28  -  By Andrew Wee MICROSOFT Singapore last Friday debuted Office XP before a 2,200-strong audience, with local Microsoft executives touting its Internetenabled functions and ability to give users more control over how they want the software to work. Among its key features: Smart tags:
      450 words
    • Article, Illustration
      Lock icon Will P2P replace B2B?
      663 29  -  Peer-to-peer networking could save companies hefty Investments in infrastructure raymond teh The writer is president (Asia -Pacific), i 2 Technologies A LOT of hype has recently been generated over peer-to-peer (P2P) networking and the role it will play in helping businesses gain a competitive edge. The
      663 words
    • IT TAKES
      • Article
        Lock icon SingNet connects 14 orphanages
        48 29 INTERNET service provider Sing Net will give unlimited broadband access to 14 orphanages in its Lions Club Singapore CyberCare Kids programme. Underprivileged children can now enjoy high speed surfing, and volunteer groups can connect the children to one another, to mentors and the community.
        48 words
      • Article
        Lock icon 3D acquires Nortel arm
        47 29 3D NETWORK International, a wholly-owned subsidiary of Singapore-based Planet One, has acquired the retail Enterprise Solutions business of Nortel Networks Australia. Named 3D Networks Australia, the business will be expanded to include systems integration services for Network Infrastructure and eßusiness Front Office solutions.
        47 words
      • Article
        Lock icon Headhunter.net-JobsDB.com tie-up
        35 29 US ONLINE recruiting site Headhunter.net has formed a partnership with Hong Kong's JobsDß.com to create an online recruitment service, to provide potential user companies with direct access to US and Pan-Asian job seekers.
        35 words
      • Article
        Lock icon MyOHQ.com's virtual office solution
        51 29 SINGAPORE-BASED applications service provider MyOHQ.com, a joint venture between novaSPRINT Pte Ltd and ITOCHU Corp, has tied up with eGuide Singapore Lte Ltd to provide a virtual office solution to eGuide merchants. It offers features like website creation, an online employee handbook, newsletter creation and document
        51 words
      • Article
        Lock icon Mitel to be renamed Zarlink
        34 29 CANADA-BASED semiconductor company Mitel Corporation has renamed itself Zarlink Semiconductor. Under its new identity, it will provide voice and data networking solutions. Its Asia-Pacific headquarters will be in Singapore.
        34 words
      • Article
        Lock icon Crystal Decisions'new VP
        27 29 US-BASED information infrastructure company Crystal Decisions has appointed Lee Boon Huat as vice-president of its Asia-Pacific operations. He was previously its regional sales director.
        27 words
      • Article
        Lock icon Communic Asia 2001
        63 29 3G, BLUETOOTH, broadband, wireless and other applications will feature prominently at this year's CommunicAsia, to be held on June 19-22. There will also be a summit from June 18-22, as well as other concurrent events such as The Asian Wall Street Journal Singapore CEO Technology Summit (June
        63 words
      • Article
        Lock icon 'Information Powers Business' seminar
        35 29 A SEMINAR on how information powers businesses will be held on June 14 at the Marriott Hotel. It is organised by Crystal Decisions. For details, e-mail southasia ucrystaldecisions.com, or visit www.crystaldecisions.com/seminars
        35 words
      • Article
        Lock icon ASP Conference and Expo
        52 29  -  Compiled by Trina Foo The inaugural ASP Conference and Expo will be held from July 16-18, at Singapore International Convention Exhibition Centre. A CIO-ASP forum will also be held on July 16. It is organised by IDG World Expo (Asia) Ltd. For details, e-mail serene@idgexpo.com.sg, or
        52 words
    • Article
      Lock icon Digital China ties up with BEA
      155 29 Xinhua [BEIJING] Digital China, the country's largest computer manufacturer and distributor, on Friday signed a cooperation deal with BEA, a leading software developer from the US. Digital China is a new company established after the reshuffle of the Legend Group, the largest personal computer
      Xinhua  -  155 words
    • Article
      Lock icon IBM says silicon breakthrough will boost chip performance
      306 29 Bloomberg [ARMONK, New York] International Business Machines Corp, whose microelectronics division had sales growth of 34 per cent last year, says it has manipulated silicon atoms to make semiconductors run one-third faster. The advance perfects an existing process called "strained silicon", in
      Bloomberg  -  306 words
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      Lock icon BOOMING despite the tech bust
      955 30  -  tubui khamma talks to the world's leading computer virus-buster, Steve Chang, whose company has boomed through the tech-bust and is poised to ride the broadband wave VIKRAM KHANNA TECH stocks have crashed, tech spending is down and the outlook looks bleak, but here's a technology
      955 words
    • Article
      Lock icon Tapping the China boom
      420 30 EnrTttaittcn fixed the Imp of doing hostess in China TREND Micro's strategy fen- China is an interesting case-study of how a software developer can get around the obstacles of the vast but difficult Chinese market, which has frustrated so many operators in the industry "I started
      420 words
    • Article
      Lock icon Intel claims world's smallest transistor
      701 31  -  Transistor is only 20 nanometers, or 0.02 microns, in size compared with OAS microns currently By Duncan Martell Reuters [SAN FRANCISCO] Intel Corp, the world's largest semiconductor maker, has developed what it says is the fastest and smallest transistor ever. The breakthrough means that Moore's
      Reuters  -  701 words
    • Article
      Lock icon Internet virus attacks Bill Gates' e-mail
      130 31 AFP [SAN FRANCISCO] A computer virus that includes an attack mi an e-mail address of Bill Gates' was making the rounds last Friday. According to computer security experts at the Symantec Antivirus Research Center in Santa Monica, California, the virus forces a user's computer
      AFP  -  130 words
    • Article
      Lock icon Juniper lowers Q2 sales forecast by a third
      454 31  -  It plans to reduce staff by 8% to 9%, about 100 employees, to pare costs By Scott Lanman Bloomberg [SUNNYVALE, California] Juniper Networks Inc, the biggest rival to Cisco Systems Inc in the market for datatraffic routers, has cut its sec-ond-quarter sales
      Bloomberg  -  454 words
    • Article, Illustration
      Lock icon Media moguls told to help One.Tel staff
      405 31 AFP [SYDNEY] Junior media moguls James Packer and Lachlan Murdoch came under pressure from the Australian government yesterday to help workers who lost their jobs after the collapse of telecom company One.Tel. Federal Workplace Relations Minister Tony Abbott said that the directors of
      AFP  -  405 words
    • Article
      Lock icon Manufacturing design software catches EDB's eye
      763 32  -  SembCorp is among some Singapore-based corporations implementing this approach, reports tamgwemgpai TANG WENG FAI A FAST-DEVELOPING class of software that helps manufacturers design products more effectively is making waves in some top Singa-pore-based facilities and planners at the Economic Development Board (EDB) are paying
      763 words
    • Article, Illustration
      Lock icon Fujitsu introduces new notebooks and destops
      269 32 FUJITSU, a relatively new but aggressive player in the regional PC market, is maintaining its momentum with a slew of new notebooks and desktops. They include: ♦The PDA-sized Lifeßook P--1010, which runs on the 600 MHz Transmeta Crusoe processor and is targeted at travelling
      269 words
    • ON THE SHELF
      • Article
        Lock icon Systems Technology offers ChatDeBox
        59 32 HOMEGROWN company Systems Technology Pte Ltd has launched ChatDeßox a technology that aims to complement traditional text chatting with live video. It allows up to six persons to chat simultaneously. The cost of one package is $106 and is inclusive of a USB camera, software CD,
        59 words
      • Article
        Lock icon Borland Delphi 6 available
        72 32 BORLAND Software Corporation has introduced Borland Delphi 6 —the new version erf its rapid application development (RAD) environment of Windows. It features Biz Snap, which simplifies 828 integration by creating XML/ SOAP Web services and connections and Web Snap, which is a component-based Web application development
        72 words
      • Article
        Lock icon Diva ADSL range from Eicon Networks
        72 32 EICON Networks has introduced its Diva range of ADSL (Asymmetric Digital Subscriber Line) broadband modems and routers. Prices for the modems range from $230 to $590. The Diva 2440 ADSL Router allows users to share Internet access via Ethernet and USB ports and supports
        72 words
      • Article
        Lock icon EXE launches EXceed Fulfill 3.5
        70 32 SUPPLY chain execution software provider EXE Technologies has introduced EXceed Fulfill 3.5—a multi-platform software solution designed to support both e-commerce fulfilment and traditional distribution environments. The software features business event publishing, which enables users to create and post new events to message queues, flies and
        70 words
      • Article
        Lock icon 1-Net's Managed Security Services
        41 32  -  Coopdie* by Melissa Sim l-NET is teaming up with Citadel Securix to offer Managed Security Services (MSS). The solutions include firewall management, administrative and 24/7 monitoring, and others. Prices start from $500. For details, go to www.l-net.com.sg
        41 words
    • Article, Illustration
      Lock icon HP raises the stakes in IT services
      517 33  -  New announcements address corporate needs, including mission-critical computing and needs of service providers By Melissa Sim HEWLETT-PACKARD (HP) has raised the stakes in the burgeoning regional market for IT services with several major announcements, including new services and solutions based on Intel Corp's
      517 words
    • DOT com
      • Article, Illustration
        Lock icon Managed services provider market sees rapid growth
        718 34  -  BTEEyaHHL'M Korea's iWorld taps Singapore's potential with new $2 million network operations centre, reports elbabethsu ELIZABETH SU WITH demand for managed services providers (MSPs) rising in the region and worldwide, Korea-based MSP iWorld Networking has pumped in close to $2 million to build
        718 words
      • Briefly.com
        • Article
          Lock icon Entelium offers eProject
          35 34 ENTELLIUM, a Malaysia-based Web service provider, his launched eProject, a Web-based collaborative project management tool for businesses. It organises tasks, manages timelines, and has further cross-project management and reporting capabilities. Visit www.entellium.com.
          35 words
        • Article
          Lock icon New layer for Internet addresses
          48 34 STG Interactive, a French provider of applications and protocols and high availability server farms, is accepting address subscriptions for space on a new layer on the Internet called the Frogans Layer. These addresses, in the form of "frogan*your brand", are available at wwwJrogans.com.
          48 words
        • Article
          Lock icon SriLankan Airlines re-launches website
          49 34 SRILANKAN Airlines has re-launched its website, featuring passenger reservations, interactive route map and flight arrival and departure information updated every 15 minutes. Visit www.srilankan. Ik. It also launched its cargo website, www.srUankancargo.com which allows cargo reservations and en route cargo tracking to be done online.
          49 words
        • Article
          Lock icon Rising Net usage in Asia
          89 34 HONG KONG-BASED Internet measurement company Net Value has found that Asia has 10 million households connected to the Internet. Singapore leads Asia with 50.6 per cent adoption rate. In March, users from Singapore, China, Hong Kong, Korea and Taiwan spent an average of 122 days
          89 words
        • Article
          Lock icon RSA's new security server
          31 34  -  Compiled by Trina Foo US-BASED RSA Security Inc has launched its new ACE/Server 5.0 software, featuring database replication and Quick Admin, a Web-based administrative tool Visit www.rsasecurity.com
          31 words
      • Article
        Lock icon Helping managers set up enterprise portals
        594 34  -  Title: The E-Bniincwi Workplace; Discovering the Power of Enterprise Portals Anthers: SAP AO A PricewaterhouseCoopers. Publisher? John Wiley Sons Inc Pages: 243 Prices $94.70 (including CD-ROM) By Chua Hui Min ENTERPRISE portals are the latest software which promises to reduce the hassle of logging
        594 words
  • Page 26 Advertisements
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      264 26 Your business depends APC's desktop-to-data center product. t range is tailor-made for the current, on computing. To compete globa| e busmess envjronment and successfully in a global availability. economy a company's Discover APC's end-to-end range of Computer system technologically advanced, awardmust be continuously winning power protection solutions. "I hi 9A
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      602 27 THE ASIAN WALL STREET JOURNAL CEO TECHNOLOGY SUMMIT BUILDING THE REAL NEW ECONOMY Monday 18 th June 2001 Shangri-La Hotel Singapore Tuesday 19* June 2001 Singapore Expo Technology is changing the world. The Internet has overturned conventional business strategies and plans, invaded traditional cultures and spawned new ideas. And the
      602 words
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      Lock icon Page 27 Advertisements Column 2
      26 27 H-at a rat/ ■WHUlavvay t ißffpyßißncT wiXnJutnwy snQ 1 y -'f s* x 4 Sh «fif. JB m 5 Bt *^SHSSjM?!^ 5 w 5 &JPC &Mak,^m
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      519 28 Singapore's Only Mystery S h o p p i a I i s t where You "GET PAID to SHOP' (in r c k "Instant Results" an motivational programTm^^| REAL Shoppers (or 'robots' if required)/ Integrated Training \x S8 p^r-^taff Real time online and reports To become a mystery shopper
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      Lock icon Page 28 Advertisements Column 2
      332 28 II Hi 3ml y/ Smaror Way ■■J tO DO I Singapore International To attend the Forum/Conference/Expo, register online at j Dmgned to Present and Discuss mth the CxOs on j m,*.«pexpo.com.sg or fax the reply coupon to j The Cument State of Adoption of ASPs in Asia Pacific j (65)
      332 words
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      470 29 "Now you can have the Best Seat in the classroom" JHHHa Study Online, Anytime, Anywhere through e-learning with Purple Train.com m tbSH^ i Hp •com Purplejrain the •-learning service provider by the informatics group www.purpletrain.com H SPECIAL REBATES BUSINESS COURSES Microsoft Certified Courses When you sign up by 30 June
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      354 30 #i. l>^^^^^^^^Bf99l"nvWPVW^^^^^^H a MM ,jf jl m ,^^^»iCTmrg^Finmri:n^W!!ffg!Tl!yHffHi!f!!fTlWß!!!ff!i!!!!^^^M ■io dr. Br' The powerful ProLiant DLSBO (4-way capable server) and Microsoft* Windows® 2000 Advanced Server, jH run your eßusiness applications flawlessly at: ffl $18,888 UmpUp ProLiant DLSBO Solution Block ■jjjj|||jj|B*| Compaq ProLiant DLSBO Server (upgradable to 4 processors) Intel* Pentium* 111
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      325 31 p >^|^P^s> ii 'tt Itfß Bp I IBShSDDI »*—-T* wt I I Building a successful e-commerce We understand what makes for I I business only comes from experience, a great customer experience. I I And Dell Computer has We know about uptime and system I I We've built on-line business
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      121 32 YOU CAN USE 11 < 9 e needs If 1 9rowing j y|l isn't. ml£%* fif\ ~-r" A < It's time for the Max Attach™ NAS 4100 file server. Attached to your network via Ethernet, it crams nearly a terabyte in 3U. So you can add space to your server,
      121 words
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      122 33 THAI VILLAGE SHARKSFIN RESTAURANT Pfl BjJ Bk n ;«jr yS^Bj^& r rwS'y m >;'^^H ■«r Restaurant JURONG 19 Yung Ho Rood 5{*****2) W: 268 3885 OASIS 50 Stadium Boulevard #01-01, Oasis Bu.ld.ng 5(*****6) Tel 440 2292 PASM PANJANO (Opposite Haw Par Villa) 27 West Coast Highway, #01-18/19 S(*****7) Tel: 778
      122 words
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      1549 33 ASIA PACIFIC BREWERIES LIMITED (Incorporated in the Republic of Singapore) tttWn FOB THi HALF TIM PIPED 11 MAECH 1001 Financial Stataaant And Dfvtdand Announcawant The Directors are pleased to make the following announcement of the unaudited results for the half year ended 31 March 2001:r n i Half yarto Half
      1,549 words
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      216 34 I business on the net with Discovering the Power oF Enterprise Portals SAP I y KK IVI \lfl<IK M's'(.H/7Ks Q Solaris- Jk > iwE^Sr 5 ;^Hi^^^Hl^BH^Hi «<*■* t-■. >sr* pm V, im Pißsas -am 4 n Solaris www.sun.com.sg Call 1800 FONE SUN (3663 786) for more information. take it to
      216 words
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  • SHIPPING TIMES
    • Article
      Lock icon SHIP SALES
      157 35 Contributed by Simpson Spence Young FURTHER to last week's initial reports regarding the purchase by clients of Dr Peters of three 'Fareastern' Panamax Bulkers combined with charter (which we understood a price of US$22 million for the 2 x 2000 built ships and US$2l.5 million for the 1999)
      Contributed by Simpson Spence & Young  -  157 words
    • Article, Illustration
      Lock icon NOL tanker arm outlines IPO expansion plans
      578 35  -  AET will use USslsom proceeds to boy more and larger crude carriers, other tanker companies By Donald Urquhart [SINGAPORE] American Eagle Tankers (AET), the tanker arm of Neptune Orient Line (NOL), says it will use the proceeds up to US$l5O million of its
      Source: American Eagle Tanker Prospectus  -  578 words
    • Article
      Lock icon Dutch recognise Filipino seamen's certificates
      288 35  -  From Alec Almazan in Manila THE Netherlands has entered into an agreement with the Philippines recognising Filipino seamen's certificates. The Netherlands is the first major maritime country to recognise Philippine seamen's certificates of competence ever since the Philippines made it to the International Maritime Organisation
      288 words
    • SHIPPING news
      • Article, Illustration
        Lock icon Big 3 class societies prepare safety rules
        622 36  -  lACS brings in post-Erika measures Reports by David Hughes in London CLASSIFICATION societies Det Norske Veritas, ABS and Lloyd's Register have said that they are on course to implement nine of the "ten commandments" announced in March from July 1. The tenth measure,
        FILE PHOTO  -  622 words
      • Article
        Lock icon Green Award Foundation takes green award
        254 36 ROTTERDAM-based environmental incentive scheme the Green Award Foundation has won the first ever Thor Heyerdahl International Maritime Environmental Award, presented to coincide with Nor-Shipping in Oslo. "This award will play an important role in encouraging people to think about what can be done to
        254 words
      • PORT Shots
        • Article
          Lock icon Houtman named in HK
          56 36 THE latest addition to the P&O Nedlloyd fleet was named in Hong Kong last week. The 6,800 teu P&O Nedlloyd Houtman was named after the sixteenth century explorer Cornelius de Houtman by Josje Speld, wife of the company's former Asian regional director, at Kwai Chung port
          56 words
        • Article
          Lock icon Countship adds third string on Asia-Med
          93 36 UK-based CP Ships subsidiary Contship Containerizes has added a third weekly string to its Europe-Asia service which will beef up its presence in the Mediterranean. The addition, through a slot charter deal with French firm CMA CGM, will see eastbound ™hq at Barcelona, Fos,
          93 words
        • Article
          Lock icon Cho Yang goes under
          104 36  -  Compiled by David Hughes SOUTH Korean carrier Cho Yang has filed for court receivership amid a welter of debts. The troubled operator had already been dropped by its Grand Alliance partners as it struggled to maintain its operations. The 30-year-old company has redelivered some of its
          104 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      270 36 PAGE Ahrenkiel 10 Appenship 5 ASMOCL 9 Assets 5 Austral 6 Avwit K) Btang Mas 6 BSA r BTL 10 Bangladesh 9 Balaji 4 Batamindo II CCNI T CM* COM 3 COSCO 3 CSAV 3 > Central Ex 6 Chahaya K> China Slipg 5 Confer 10 Colony
      270 words
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      Lock icon SHIPPING GUIDE
      11224 42 THEBUSINESSTIMES Pa 9 e 8 EXPORT MQNDAY JUNE 11 2001 Advertiser un U M« ETA ETA Advertiser Vessel Voyage Telephone I SIN Dest'n Name Name Number Number To ABIDJAN (ABJ) 2003 Cote D'lvolre W/06 22/07 Kien Hung INTELLIGENCE CONTA ICI03S 65-*****33 N/06 29/07 Setramar VILLE DE LIBRA MOW
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        Lock icon CONVENTIONAL WHARVES
        542 45 Vessel Voy No Berth Arrival Departure AmiM Brjvesoccess 65* J22 KM/220 16/06/600 C Success 09-Jw JI1 10/06/9-00 10/06/16:00 Atunto r *722 JOS 10/06/10:40 10/06/14 00 H Sri Negit ***** J01 10/06/14.00 10/06/21:00 It Saw* ***** JOI 10/06/M-00 Kj/06/2t00 Enprrss Lily 501 JW 10/06/23:00 12/06/1800 (UcMunuel I 10-Jjn J03
        542 words
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        Lock icon CONTAINER SCHEDULES
        1854 45 RECEIVING OF EXPORT Fa CONTAINERS AND La CARGO Booting/Balance #sth SWp Voy No Etb/Btr Period From To From *CJ MAMOUA 030A B/OOO M B/BOO B/ltM B/TWO b/boo a/an a/im 2* a/noo n/otn vom a amo rvotw vowo 1 votoo Vim vmoo 4 iwoc van Vttoo AH BUTf B3£
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        Lock icon GLOBAL HOLIDAYS
        193 45 Jane 28 Hong Kong: Tuen Ng Festival July B Thailand: Asalha Bucha Day July Thailand: Buddhist Lent Day Aafnstl Switzerland: National Day Aagutl Singapore: National Day South Africa: National Women's Day Aagnst 12 Thailand: HM The Queen's Birthday Aagut 15 South Korea: Liberation Day Switzerland: Assumption Day Spain:
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        Lock icon COCKETT BUNKER MARKET REPORT
        781 45 THIS report, compiled by Cockett Ma rii>e 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 average sized stem. Market movements are indicated. The Cockett Bunker Price Index change
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        Lock icon VERITAS BUNKER QUALITY REPORT
        418 45 Carton WO Mai 964.1 0.5 12-5 0.07 40 0.03 Iter 24 Density Wafer InUw As* UmWm Si—it HoatoeeE25 0 0 0 0 0 0 1 rrrr- 3*0 a** 9«J oj as 0.06 20 o.K tow 380 Ma 990 6 0.8 I6J 0.08 45 0.04 Wwi »A
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    • AIR & LAND transport
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        Lock icon Asia-Pacific seen leading in air passenger growth
        605 46 Vietnam and China will see fastest expansion, says industry group Reuters [GENEVA] The Asia-Pacific region will see airline passenger traffic doubling over the next 15 years, growing more quickly than the rest of the world at a rate of nearly 5 per cent
        Reuters  -  605 words
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        Lock icon BA, KLM resume talks on £5b merger
        342 46 Reuters [LONDON] British Airways and KLM Royal Dutch Airlines have resumed talks on a £5 billion (5512.5 billion) merger that would create the world's third-largest airline, the London Sunday Times reported. BA chief executive Rod Eddington has contacted KLM president Leo van Wijk
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        Lock icon PAL sees sharp rise in yr to March 2002 earnings
        503 46 AFX-Asia [SINGAPORE] Philippine Airlines is expecting to make a net profit of 1.5 billion pesos (SSS3 million) in the year to March 2002 against the yearearlier 436.5 billion, supported by a higher load factor and increased flight frequencies, PAL president
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        Lock icon Beijing airport to buy into two airports
        260 46 Stakes in Dalian, Shenyang airports will expand its holdings to six airports Bloomberg [BEIJING] Beijing Capital International Airport Co, China's first publicly traded airport manager, wants to buy stakes in two airports in north-eastern China, expanding its holdings to six airports. Beijing airport
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        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1556 46 cm man ru mm e» Hill III Of 81 I9M 8*7382 2055 Amsttrfm $0327 0705 IIM 2255 6*975 B35 M328 2125 NJ37 MS5 teddMtf *2*286 2045 LM6906 2020 S0206 2045 U24 2020 S***** 2020 ****** 2045 S0285 2045 w* trm «a MrS«( ***** HOC M*2 0910
        1,556 words
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        Lock icon New ring road for Beijing
        80 46 [BEIJING] The southern section of the newly-opened fourth-ring expressway encircling Beijing. With a total length 0f65 3km and a initially accounted investment of 7.26 billion yuan (about 930 million U.S. dollars), the No 4 Ring Road encircling the capital city is one of China's key
        AP  -  80 words
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        Lock icon China Eastern acquires Great Wall Airlines
        272 46 Reuters [SHANGHAI] China Eastern Airlines has acquired Great Wall Airlines in the first merger since regulators announced plans in April to merge 10 airlines under their jurisdiction, state media said. Great Wall Airlines, based in the eastern province of Zhejiang, became the Ningbo office
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        Lock icon China delays jet sale approvals: Bombardier
        323 46 It says China's plan to Iraild its own plane may be the reason Bloomberg [BEIJING] Bombardier Inc, the third largest aircraft maker, said China's desire to build its own regional jet may be holding up approval of signed contracts to sell 35 of its
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      92 35 Liner Scene is held over to Tuesday fras,er times from Qingdao to Hamburg. Chi wan to Antwerp. More connection points like Ningbo, Shanghai. Southampton and Rotterdam. ,"V Introducing NEX from APL. It stands for quicker access to the regions' key Ps?Bw markets, expanded trade in the world's fastest-growing markets. The
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      16 35 Big 3 class societies prepaje safety rales Pg2 Asia-Pacific seen leading la air passenger growth BackPg
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      729 36 I TO USA/CANADA 1 EXPORT I I OTHER DESTINATIONS I vosa VOT_ JTAFIG ETA S« lIQWGmtH OAtIAS 1 HOUSTON IttfMS IoKAGQ |*WTOt« I TO AUSTRALIA (AUSTRALIA ASIA EXPRESS) O<Xl JAM* SIE24 12/04 13/0* I 24/04 03/07 04/07 04/07 04/07 07/07 II i ooQNfmauws 2*25 14/04 04/07 10/07 11/07 11/07 11/07
      729 words
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      642 36 Lines services represented by ?Members of (he Registry of Members of the Accredited Shipping Agents, Sin 9 a P ore to 9 isrtcs Singapore Shipping Association Association CONTAINERS/ CONVENTIONAL CARGO POtT KUNG/SaNAPOtI/JMMU I MNGKOC VW ETAPKL ETA SIN ETA MALE tMjrws Uh «6»l WW low l&W PrtePMK Uh »W UN
      642 words
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      1352 37 TO EUROPE FROM EUROPE VBsa vov Mi n am haw orv sou uh [vissa voy I rim mm ham orv sou ia si Art FRANC! 101W 17/04 07/07 05/07 09/07 Art (ORAL 0711 23/05 24/05 20/05 27/05 13/0* HY DISCOVERY 302W 11/04 05/07 07/07 09/07 04/07 HYOARON 332E 27/05 24/05
      1,352 words
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      1578 37 TO HH T/T ■1* Mm if NBMU T/T t UMTS I? AQAM T/T lIS MTS SmMMrmnSTniin SSal"° ESw "Mi -MMnaai ijj.™** i*jagm »*gjgjjj; <"•»'" SSSUST 3S SSUft B& ssss sS COWVPmOHAI 4?0S3OI/>SO *****23/73 09-593UH wi/w Isgt HK SH» cum i ui iu «u ki sk m iu m wi/wr n*s«
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      468 37 IvtSSfL Ivorl Sl* IPKG I VOY I SIM I HKG |KB I US* WIS I IUTI VBStt VOY SIN JCT SUB MKHowatowe ioos 10/04 ivot iooi im \m n/» hm 22/04 24/04 BBS? 1118 Sk IS K HTWMSmn 040S 15/04 77/04 74/04 24/04 77/04 30/04 mtCSIHGAWK IO*S 22/04 24/0* HTUHttIWOGgS
      468 words
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      1250 38 C SENATOR UNES TO EUROPE 70 MDDif EAST/HtAN/RED SEA «ssa vot m in m am ham rv liu I [wssa Tvor s« klf lou md mm HAJUN SMGAPOOF OOSSW 15.0* 07.07 0107 05.07 04.07 0107 DBRA 00ISW 14.04 23J4 ~~MM 10 04 oToT" PUSAN SfNATOO 00IIW 10.04 04.07 OM7 04.07
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      947 38 ir A H ManwF s pm>e I -N-/\ '•I C ClWnil IKS, MC P. GUOANG: (07) *****26 L-Jyy V** J QWMftI—WMWW 8BU: (084) *****8 MAMLA: (832) *****24 2 sorabwTSlTSSii p KELANQ: (03) *****77 JKT (21) *****48 MJCXMQ (082) *****1-3 NEW YORK HEISINKI MV "NYK KAI SIE23 MV "MOl INTEGRITY V.OOIW
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      445 38 WEEKLY EXPRESS SAILING SCHEDULE WESTBOUNO TO: COLOMBO A NHAVA SHEVA (CFS MULUND. MUMBAJ) ALSO ACCEPTING TO ALL NORTHERN ANO WESTERN CO POINTS VBSH HAW VOT k-PO«l|cOtOWMilLSMm| connktwg Iconnkimc va-usA va-awH *«S OI7S II JIM 73 JIM 27 MIN MOAMD I DUMI USHASTH im» MAZIUAKUPtESS 001W 75 )U« 36 JUN 04
      445 words
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      1355 39 I VESSEL VOY KHH HKO I SIN I PKi PXI Ml DMM MK IRAN HORMOZGAN PCL-211 12/06 13/06 16/06 17/06 24/06 2S/06 27/06 29/06 IRAN TEHRAN PCL-212 19/06 20/06 23/06 24/06 01/07 03/07 05/07 07/07 IRAN TABATARAEI PCI-213 26/06 27/06 30/06 01/07 OS/07 09/07 11/07 13/07 IRAN KERMAN PCL-214 03/07
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      422 39 I Loading for EFESSOS RDM/ATW/BMNAJK LOK KIRTI RDM/ATW/BMNAJK/LPL LEADER RDM/ATW/BMN/UK/LPL Loads Singapore. E7W Malaysia. Indonesia Loading for SEA RENOWN DBVABU/DOVBRN/DMM/KWT PAN EXPRESS HtXVJDH/AQA L DtMtTROVA JDH/AQA PAN QUEEN DBVABU/DOH/BRN/DMM/KWT PEUNOVO DBI/ABU/DOH/BRN/DMWKWT EVERJSE GLORY JDH/AQA 'Loads Singapore. EVW Mataysia. Indonesia I Loading for IDEE FIXE CAM/NFK/NOL EXPLORER H CAM/JAX/NOL/TMP 'Loads E7W
      422 words
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      1338 39 I|glSMHtiH§k9H| HON6KON6/ SHAWWUI/ KBWABG/ OWCftAO lANGKQR/IMP TA WWT/UHICMOAN6 VISSfI VOT SIM HUG SNA IGC TAP VISSIL WIT il IHI 1 LCH GAOTAIHUM N044 I I/O* 7V04 74/04 21/04 02/07 MSL fig U4M -UAL. imm «i* m* —m. iSKIT HS —B# li#- -itjsUHAIHUM NOU 02/07 07/07 10/07 13/07 It/07 NANUIHUM 557*
      1,338 words
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      721 40 EUftOPC/UK/SCANMNMIA EXPORT mstk/wna sgp km hk wv |iw zh |ihv ijuDffiiwMow 17/w otny OMP OMP uwupoi42«iwpi im» omp omp OIMB>OIODO47W 2404 imp ivv E. PARRY 0443HN81 2V04 IMP HW IMP IMP 11/fl7 iait <w> mot wuiiw >ii aw/mot w EXPORT VESSa/VOYAGE SGP G» GNA FOS [RCN VIC I IRS LanoMW
      721 words
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      374 40 fIRAHIIH PIIIIUI OEAf/WOAH SUM OOWIWff MKWCI IXPQRT VESSEL VOYAGE SGP CMR DM DMN KM NXV ARM *D AQR UN Ptuoen 0441-01W* 12/04 14/04 22/04 23/04 21/04 SOMGHE 0144W 15/04 24/04 21/04 02/07 UNAMPIE 00IW131W 11/04 22/04 21/04 30/04 02/07 UNI PROMOTE 0470-005W 11/04 2V04 21/04 3HD4 04/07 ZHUANGHE OI4IW 22/04-
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      747 40 SINGAPORE PTE LTD 15 McCallum Street #03-01/02 Natwest Centre Singapore *****5 Tel: (65) *****73 Fax: (65) *****66 Email: general@ecusin.eculine.net Website: http://www.eculine.net Johore Bahru Office Tel: (07) *****18 Fax: (07) *****62 INTRODUCING OUR SERVICES TO Anguilla Dominica Puerto Rico Antigua Dominican Republic San Andreas Aruba Grenada St. Barthelemey Bahamas Guadeloupe St.
      747 words
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      399 40 INDONESIA NATIONAL LINE TO AUSTRALIA RILL CONTMNER SERVICE va m m m m stp |m~m «n m WnOMI IK 11/Wlt/M tl/M M/H k/lt wT ii/Hn/H b/» ii/w ia/w T" m/v w B/0424/14 Ct/tP 0»/07 li/y H/W »nw ws r/rc/o; n/v is/w it/w njw FEEDER SERVICE TO INDONESIA wr miuwb mwu
      399 words
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      403 41 BSA x MR MYANMA ufißk FIVE STAR LINE (MyoiiMr Natioiol List) Loadiag for Yaagoa msa vor sm pu m poi lAGO 11 «W SU) HONG U 4SW SU) MALAYSIA AGENTS: 80USTEAD SMPfWG AGENCIES KUL m 03-*****300 MIL TH 03-*****101 rot TH 04-*****02 PGU: TU 07-*****21/4 BANK LINE (A service of
      403 words
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      400 41 HYUNDAI MERCHANT MARINE CO., LTD. INTRODUCING NEW "TAI b ki kl m m gif w v Jkfe V 4•• V 4 CALLING SINGAPORE EVERY SUNDAY MAIDEN SERVICE APL FRANCE V.IOIW/ETA SIN 17 JUNE 2001 ADEN 7 DAYS HAMBURG 17 DAYS ANTWERP 19 DAYS •SOUTHAMPTON 21 DAYS For bookings and other
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      936 41 vOtar WALLENIUS WILHELMSEN TO MOUTH AND LATIN AMERICA 'CAR RORO HEAVYUFT SERVICE' [Ytssa VQT IAMf WIGHT SIN LK* MAO I MIA I SAV 1 lAL I OiF NYC I NEW I MO»~| TARONGA AHII3 400Tmh 6.3* 27/04 04/0S 07/ M 09/08 11/08 12/08 14/08 18/08 20/08 TAKO AMII4 4001 mi
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      514 43 EZ| SASIA EXPRESS LINES Lt, SINGAPORE AGENT: JARDfINE UNER SUPPORT SERVICES VKSn VOY SMCAWtI MM 6UOAMO MOT BIAIIG PBIAMG MAMAUS GMOff 04/01 24/04/2001 27/04/2001 20/04/2001 SUB MDUCEUfT 30/07/2001 GtAOfT 07/01 24/07/2001 27/07/2001 20/07/2001 SUP —UOUTT 30/00/2001 GAAOCT 04/01 24/00/2001 27/00/2001 28/08/2001 SMO MDUffIMHT 30/W/2001 GtACHT 09/01 24/00/2001 27/M/2001 20/00/2001 SO
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      430 43 I MUR SHIPPING INDIAN OCEAN ISLANDS/SOUTH AFRICA vissa mm kk mii igi an pi mts reunion dm a k ct EXPRESS POWBVOT 012 24/06 27/06 29/06 01/07 03/07 13/07 19/07 22/07 23/07 M/ 07 NURVDYOI3 05/00 01/00 11/00 13/01 IS/01 25/00 01/09 04/09 05/09 06/09 -M» K(*T MHB rat mUM
      430 words
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      249 43 ENG LEE SHIPPING CO PTE KID WVIX M *****22 (10 Übm) Fax: *****34/532*940 T Umt IM2WIIIIH vtssa voy smiu smith mstmadon UnwStnS 05/01 17/06 13/06 M/Ib^ Jnor So 71 07/01 12/06 13/06 Suntoc UwoSO 10 05/01 17/06 13/06 Jb UnguUoyc 06/01 17/06 13/06 HW/PO Dw Dove 07/01 13/06 14/06 Oww/P
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      622 44 I VESSEL VOY SIN MAA SIN TIGER METRO 896N 12-13WJ6 17 20/06 25-26/06 TIGER RHYTHM 899N 14-15/06 21-24/06 29-30/06 MILDBURG 08N/01 17 18/06 23-26/06 01-02/07 TIGER BRIDGE 900N 18-19/06 24-27/06 02 03/07 TIGER SPEED 901N 20-21/06 27 30/06 05-06/07 TIGER METRO 902N 25-2606 01-0407 09 10/07 I VESSEL VOY SIN
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      1072 44 FREIGHT LINKS EXPRESS PTE LTD 51 Penjuru Rood, 3rd Uvel, Freight Links Express Logistkentre, Singapore *****3 T®' *****11 Fax: *****77 E-mail: Flesin@singnet.com.sg Introducing VALPARAISO SOUTH AMERICA SANTOS MANZANILLO fortnightly direct BUENO AIRES Booking 267# 4694/5535/5539/5541/5553/5569/5579/5562 PROJECT SHIPMENT 1 HEAVYUFT CARQQ (CONVENTIONAL A RORO) Um MJSSTt. H/Pi ******77 LOGISTICS WAREHOUSING SERVICES
      1,072 words
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      1079 44 v "KK" '3 i "»'wi iuay, wuiiv I I c.\J\J I 11 d? |PDZ LINES P^Is^STI "fa SWGAfOtt: TOWC JOO SHTfmC PTE LIP 02-227-8190 GIHA ***** 06/06 GMA ***** 06/06 GIUAN 2111 07/06 GUAM 2111 07/04 GOISENG ***** 09/06 GISWIE ***** 08/04 WSUIiG 2199 14/04" GtSMNG 2199 U/oT SHINUNt 1
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  • Page 45 Miscellaneous
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      119 45 LEGEND: Issued by Meteorological Service sTngl^e K Thunderstorm Showers o Rain Temperature Wind direction and speed m knots Cloudy Day Wea,h OO H izv Wind speed symbols Sea Cond,tions O Full circle w/o line indicates calm or light and variable winds c2m J —-One half Heche represents 5 knots I
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