The Business Times, 15 June 2001

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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 Internet: http://business-times.asial .com.sg/ FRIDAY, JUNE 15, 2001 85C
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  • 82 1 sn MBUO (-6.50) BT-SRI M6L37 (+1.08) ST INDEX nmiKEs M 79 (-13.00) smsci FDTUKES 20&00 (i t 7o> STOCK HASEET INDICES Thursday Change KLSE COMP 600.86 +2.14 NIKKEI 225 +2121 HANG SENG 1124&89 -274.42 SET INDBX ***** -170 JAKARTA COMP 416.74 -014 MANILA COMP _1,474.11 +11.46 TAIPEI WPI
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  • 82 1 FOBEX KATES USS 8$ USS (SS per USS) 1.816 £(l'SS/SS per£) 1.392 1528 EURO(l'SS/SS/E) 0.853 1.548 DM 1294 1163 YEN 1219 67.10 RM 3.800 1093 HKS 7.799 4.296 BAHT 45.36 2458 RITIAH ***** 6,196 m SS to 100 units PRIME BATES SINGAPORE* 5.80 KUALA LUMPUR 7.67 JAKARTA JJ900 BANGKOK
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  • 738 1  -  Valne of combined entity pat at $4 billion by some estimates By Teh Hooi Ling [SINGAPORE] Telecoms newcomer, Star Hub, and cable TV company, Singapore Cable Vision (SCV), yesterday said they have successfully completed negotiations to merge, creating a full-fledged telecoms company to
    738 words
  • 659 1  -  Dr Cheong: critical to solve Air NTs problems fast By George Joseph [SINGAPORE] Singapore Airlines does not see as its preferred option a Qantas proposal to take control of Air New Zealand (Air NZ) by buying out SIA and Brierley Investments,
    659 words
  • 510 1  -  exclusive Rnmonrs of profit warning after firm briefs select analysts spark price collapse By. R Sivanithy, Angela Tan [SINGAPORE] A sudden collapse in the share price of Venture Manufacturing yesterday had analysts and dealers puzzled and confused but mainly upset amid rumours the
    Source: Bloomberg  -  510 words
  • 478 1  -  Li Ka-shing company offering deal for Costa del Sol buyers Byi Andrea Tan (SINGAPORE] Li Ka-shing's Singapore property arm has whipped out its deferred payment weapon once again for another of its projects here the Costa del Sol condominium on Bayshore Road. And to
    478 words
  • Page 1 Advertisements
    • 71 1 DBBPE Top stories Analysts see S'pore's exports declining in Q2. Next Page \mt *\A NBwL Omni defers announcement on anticipated takeover. Pg4 Asia Pulp Paper subsidiaries owe 81l USs7l2m. Pg S Manufacturing jobs hardest hit in Q1 with 2,012 layoffs. Pg 8 i Local firm Cazh launches payments system. Pg
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    • 114 1 While Qantas ff would find SIA good listeners who would not reject any option, we nevertheless have p alternatives. SIA chief executive Cheo- Choonv Konj; On the other side, the planets meet Ik. M?: i V U-JIIA I i s I L—JT* ißiiinjM Br E MMM* For those with celestial
      114 words
    • 24 1 Executive Lifestyle Approval deadline for Optus deal extended by 90 days. Next Page US wholesale inflation up a tiny 0.1% in May. Pg 15
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  • NEXT page
    • 355 2  -  Sing Tel says extension not unexpected, talks with Aussie and US agencies going well By Teh Hooi Ling [SINGAPORE] The Australian Foreign Investment Review Board (FIRB) has extended the deadline for approval of Singapore Telecommunications' Asl4 billion (5513.4 billion) takeover bid
      355 words
    • 634 2  -  Attack on Aussie regulator draws quick rebuttal that Qantas only wants minimum competition By Beth Jinks, Surinder Singh QANTAS is being "targeted" and "made potentially vulnerable" by Australian regulators because of its national icon status, the airline's chief executive said yesterday. Geoff Dixon's
      634 words
    • 481 2  -  fexclusive Analysts' forecast contractions range from 3% to 5% Byi Chuang Peck Ming [SINGAPORE] Singapore's exports are on track for a decline in the second quarter, the first quarterly fall since 1999. After dipping 1.2 per cent year on year in
      481 words
    • ON THE grapevine
      • 121 2 THERE must be a better name for it. Sony has come out with a blueprint of a wired home that links everything it makes from Vaio personal computers to Play Station video games to cameras, phones and everything else. As concepts go, this is as good (or bad)
        121 words
      • 120 2 IF you see property tycoon Ng Teng Fong (right) grinning from ear to ear, the reason is probably because his Sino group in Hong Kong has just secured a loan at very good rates. Benefiting from the US rate cut and the fact that
        120 words
      • 64 2 LAST week. BT ran an online poll which said: The MAS will unveil another banking liberalisation package this month. Readers responded in the following manner: Opening the banking sector further will help Singapore become a top Financial centre 58% The move will make it more difficult
        64 words
  • Page 2 Advertisements
    • 27 2 Cwmßr j >s^ Zfll Composite sunglasses www.cartier.com Singapore Ngee Ann City Tel 734 2427 Hilton International The Shopping Gallery Tel 235 0295 Millenia DFS Tel 332 2150
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  • Page 3 Advertisements
    • 207 3 Eir t—! I S 1 I 1 I 1 1 mt 1 1 j lIP* 1 3 1 iSpUM IX9 wl 11 ~;«BH 1 1 18l p-iS il. i| Jf |1 11 g& *r~i |H 11 fj Hi '^"1J .Aig m \l mmm M 11 iHlg" 11 Mt I 11
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  • SINGAPORE companies
    • 548 4  -  Investors had poured into counter on talk of Celestica buy By Andrew Wee INVESTORS expecting a major takeover announcement from Omni Industries yesterday were left in the lurch, following an unexpected postponement. However, some analysts believe the announcement may not involve a takeover. Omni
      548 words
    • 202 4 Reuters [HONG KONG] Cellular carrier Mobile One (Ml), which is weighing bids from two potential suitors, said an initial public offering is "no longer an option at the moment". Ml chief executive Neil Montefiore, speaking to reporters in Hong Kong,
      Reuters  -  202 words
    • 356 4  -  Bank'not yet ready' to give details of $3b fnnH raising plan By Ven Sreenivasan OCBC Bank has declined to confirm a report that it was getting ready to launch a $3 billion multi-currency debt issue next week to finance its planned purchase of Keppel Capital
      FILE PHOTO  -  356 words
    • 60 4 IN yesterday's report "Shares soar as KepCap battle looms", we erred in saying that Keppel Corporation has received other offers for its banking arm, Keppel Capital Hold- ings. Keppel Corp has made clear that while it is in talks with several parties, it has not received offers other than
      60 words
    • 761 4  -  lock siew angela tan THE latest round of banking reforms in Hong Kong has turned the heat on Singapore banks with ambitions in Hong Kong and China. And the local banking industry here will be watching to see if the Hong
      761 words
    • 142 4 LOGISTICS provider and electrical goods vendor TT International reported a 6.3 per cent rise in net profit to $8.6 million on turnover of $511 million for the year ended March 31. TT said the 12.4 per cent increase in turnover to $511
      142 words
    • 483 5  - Asia Pulp Paper subsidiaries owe BII US$712m Its units have granted liens on almost all their fixed assets to Ibra Byi Conrad Raj FIN A NCI ALLY-troubled Asia Pulp Paper (APP) revealed yesterday that its subsidiaries owe once-related PT Bank Internasional Indonesia (BII) some US$7l2 million, including interest as at
      483 words
    • 363 5  -  It expects tough trading conditions this year By Ling Su Ann FURNITURE retailer Courts yesterday reported a 14 per cent rise in net profit to $16.7 million, but said trading conditions in the current year will be difficult. Boosted by strong
      363 words
    • 262 5  -  It will incur a loss of $1.5 m from selling the 20.7% stake for $5.2 m or 46 cents apiece By Siow Li Sen FREIGHT Links Express Holdings has found a potential buyer for its 20.7 per cent stake in Sesdaq-listed Cybermast. formerly
      262 words
  • Page 4 Advertisements
    • 598 4 f v SIA EDGinEERinG COmPAITY LimiTED (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the members of the Company will be held on 7 July 2001 at Ballroom I II 6* Floor South Tower, Mandarin Hotel, 333
      598 words
    • 595 4 SATS SINGAPORE AIRPORT TERMINAL SERVICES LIMITED (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the members of the Company will be held on 7 July 2001 at Belvedere Room, Level 4, Main Tower, Mandarin Singapore. 333 Orchard
      595 words

  • Page 5 Advertisements
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      202 words

  • SINGAPORE markets
    • 315 6 Stocks Volume Keppel Capital 30.897.0CX) AEM-Evertech 5c 28,921,000 PCI 25c 27,947,000 Hyflux5c 24,740,000 Lankom US2c 21,137.000 Keppel Cap W*****0 20.643.000 Frontline 5c 20,111,000 SingTel 15c 20,036,000 Tianjin Zhong 19,610,000 NOL 15,371,000 Stocks Keppel Capital 110,390.960 OCBC 91,288.019 DBS Grp 84,550.380 OUB 76,632.893 VentureMfg25c 68,255,704 SingTel 15c 36,029,640 UOB 33,720,733 Keppel
      315 words
    • 588 6  -  Ml comment STOCKS r. sivanithy A SUDDEN collapse in Venture Manufacturing late in yesterday's session knocked the confidence out of a market that had looked capable of building on Wednesday's takeover-fu-elled gains. Venture's collapse also had brokers up in arms, since the
      588 words
    • 187 6  -  WARRANT WATCH By R Sivanithy IN Wednesday's column, we highlighted the illusory nature of the current rally insofar as penny warrants are concerned many hardly trade at all and if they do, movements are very small. Further evidence for this comes in today's feature the MMI
      187 words
    • 235 6  -  HOT STOCK By' Ven Sreenivasan THE stock of Venture Manufacturing was the top loser on the local bourse yesterday, amid market rumours that the company will issue a profit warning. The counter dived a whopping $1.20, or 10 per cent, to finish at $11.20
      235 words
    • 502 6  -  I=id comment CURRENCIES Bat the Japanese currency totters uncomfortably near key US$ and euro supports larry wee THE Bank of Japan disappointed Japanese yen bears yesterday by refusing to bow to heavy political pressure to ease the country's monetary policy further,
      Source: Reuters  -  502 words
  • 3147 6 UNIT TRUSTS FUNDS At«rd«in AmM Mgt Asia Ltd Aberdeen Select Portfolio: Global MNCFd 0.760 0.799 Global Technology Fdl** 0.688 0.723 UK Blue Chip Ml" 0.756 0.795 American Opport Fd 0.859 0 903 Cont Euro Eqty Fdl** 1.039 1.092 Japan Eqty Fdl** 1.190 1.251 Asian Fixed Income Fd 1.114 1.149 Pacific
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  • Page 7 Advertisements
    • 43 7 Hill 1 M' iil ill l/^B -N X .--'SS "'^'^^mß v 'xKici •vv-,; ejt r ■..-,r j^gtaßHßfrfH t 2&1 k > '■■%^s99iH j^:iuii^i* -> gu Hie Slieraton Towers Singapore. 39 ScoM* Road. Singapore *****0. Tel: 65 737 6888 Fax: 65 737 1072 Websites www.ilierabn.com /toweruingapore
      43 words

  • SINGAPORE news
    • 400 8  -  on the economy Services sector next biggest casualty, accounting for a third of staff cats By Chuang Peck Ming THE axe fell heaviest on jobs in manufacturing in the first three months of the year, resulting in 2,012 workers being laid
      FILE PHOTO  -  400 words
    • 243 8 MINISTER without Portfolio Lim Boon Heng was elected chairman of the Asian Productivity Organisation (APO) at a meeting of its governing body in Bangkok yesterday. Mr Lim, who is also secre-tary-genjeral of the National Trades Union Congress, APO director for Singapore and chairman of
      243 words
    • 197 8 DP Information Network (DP Info) yesterday announced it has set up business alliances with The SGS Group, Trade One and Star Hub Internet. The SGS Group intends to adopt DP Credit Rating for its "evaluate" and "evaluate Plus" seals, which provide companies
      197 words
    • 368 8  -  Remarks come in response to report that talks failed By' Teh Hooi Ling FLEXTRONICS International, the world's second-biggest contract electronics manufacturer. is still in discussion with Lucent Technologies to buy the latter's two manufacturing plants in the US. "Talks are on-going."
      368 words
    • 261 8 THE Network for Electronic Transfers (Singapore), or Nets, yesterday launched a new service that enables cashcard holders to obtain refunds on cards through automated teller machines. Holders can credit the value remaining on their expired card directly to their bank account. The refund is inclusive
      261 words
    • 459 8  -  Evening will feature performances by autistic brothers and young pianist By] a n Elaine Phua A uala tundraising event next month will feature performances by two young autistic brothers as well as an eight-year-old pianist. An initiative of Jannie Tay.
      FILE PHOTO  -  459 words
    • 575 9  -  It's safer and more convenient than direct debit or credit cards, says company By Tang Weng Fai SINGAPORE-BASED start-up Cazh Pte Ltd yesterday launched a new payment vehicle that its founders promise will provide a safer and more convenient alternative to traditional direct debit
      575 words
    • 336 9  -  I t T i rj i bag Richard Ivimey-Cook WE refer to the letter "Delisting puts Avimo holders in the lurch" by Denis Distant (Mailbag. June 13). It is wrong to say "Thomson-CSF Invest SAS, the bidding party for Avimo Group Limited,
      336 words
    • 190 9  -  IA MacLean WE refer to the article "APB may restart stalled Vietnam brewery project' (BT, June 12). The brewery project in Vietnam refers to the new brewery at Hatay, owned by Hatay Brewery Ltd, in which the company holds 60.1 per cent of the
      190 words
    • 63 9  -  Denis Distant Singapore OVERSEA Chinese Banking Corporation deserves praise for the very swift manner in which it launched its bid for Keppel Capital. It requested no stock trading suspensions as seems to happen all too often for apparently trivial reasons, and its example should be
      63 words
  • Page 8 Advertisements
    • 528 8 INGRAM lulfluSl® INGRAM MICRO ASIA LTD IMPORTANT NOTICE EXPIRY OF WARRANTS To: Holders of warrants (the "Warrants") to subscribe for new ordinary shares of SSO.IO each in the capital of Ingram Micro Asia Ltd (formerty known as Electronic Resources Limited) (the "Company") expiring on 17th July, 2001 at 5.00 p.m.
      528 words
    • 15 8 72 MUSICAL INSTRUMENTS Keep in tune with noteworthy buys here. CATI The Straits Times Classified
      15 words

  • Page 9 Advertisements
    • 141 9 g*™, j- Modern Peranakan.. V fSfL^ I'' JL"|*^ r* Continuing The Tradition > Ag BLUE GINGER IRESTAURANT *>7 tnnjuiio |);i»ir roail. si n p<. ri> III: 222 V) 2 X ii ii i I 05-02< llu luui'ii. 2<>ll <.i i ll.ii (I i ii;iil. siiiiiapin i 2 lil: X.*> *<)
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    • 93 9 We welcome letters. E-mail us at btletterQsph.com.sg or fax us at *****71, or write to: The Business Times, Times House, 390 Kim Seng Road, Singapore*****s. We need your full name, address and telephone number, so we can verify it came from you. Please use temperate language, and bear in mind
      93 words

  • EDITORIAL & opinion
    • 736 10  -  OPINION shoeb kagda FOR the past 56 years since Indonesia gained independence from Dutch colonial rule political power has rested solely in the hands of the president The nation's Constitution makes it clear that the president is all-powerful when it comes to setting
      736 words
    • 78 10 The way to overcome Tiger (Woods) is to be perfect and if not, congratulate him.' Sergio Garcia professional golfer, on the 101 st US Open where its Tiger Woods versus all comers. 'Every president is a caricature until his first trip.' Andrew Card White House Chief of
      78 words
    • 576 10 EDITORIAL THE default on a RMSS million (5526.3 million) debt last Friday by Johor Corporation, the investment arm of the Johor state government, is a worrying development Although the sum involved is relatively small, it raises concerns about the health of other state economic
      576 words
    • 976 10  -  This will help them configure a business model to serve their consumers profitably By] Patrick Kay Patrick Kay (patrick.kay(asg.pwcglobal.com) is a principal consultant with PricewaterhouseCoopers Consulting in East Asia. MANY people perceive banks to be highly profitable organisations. Some consumers, particularly those
      FILE PHOTO  -  976 words
    • 1017 10 Smoke-and-mirrors budget approach cause for concern FT ONE issue receiving no attention at all as President George W Bush makes the rounds of sullen European leaders this week is the US$l.35 trillion tax cut he signed into law a week ago. With good
      FT  -  1,017 words

  • REGIONAL news
    • 304 11 KUALA LUMPUR D&namod&l and buyer said to have agreed on RM925m price Reuters MALAYSIA'S bank recapitalisation agency Danamodal Nasional is expected to sell MBf Finance Bhd to the ArabMalaysian Banking group by the third quarter, the Malaysian Business Times said
      Reuters  -  304 words
    • 360 11 KUALA LUMPUR Present business strategy unsuitable as costs are too high AFP, AFX-Asia LOSS-MAKING Malaysia Airlines System (MAS) must raise productivity and double services in the region to become profitable, its new boss said in remarks published yesterday. The national carrier's present business
      AFP,; AFX-Asia  -  360 words
    • 246 11 KUALA LUMPUR AFX-Asia TECHNOLOGY Resources Industries Bhd is expected to launch a RMI billion (***** million) recapitalisation plan to help reduce its gearing, and the plan may involve a direct capital injection, Malaysian Business Times reported, without specifying its sources. The report said there
      AFX-Asia  -  246 words
    • 445 12 HONG KONG Slowing economies, falling exports cited; China seen as the only bright spot Bloomberg ASIAN economies face a tough year with China the only bright spot in the region, the heads of three of the world's biggest banks said. Citigroup Inc. HSBC
      Bloomberg  -  445 words
    • 347 12 BANGKOK AFXAsia THAILAND will need to toughen its bankruptcy and related laws after expediting the clearance of 1.3 trillion baht (5552.1 billion) worth of non-performing loans via the new Thai Asset Management Corp, in order to sustain the economic recovery three years
      AFX- Asia  -  347 words
    • 541 12  -  He says govt needs time to prepare bnt increase to go ahead Front Shoeb Kagda in Jakarta INDONESIA'S newly-in-stalled Finance Minister Rizal Ramli yesterday denied that the government will delay a fuel price increase scheduled to take effect today, claiming that statements made earlier
      REUTERS FILE PHOTO  -  541 words
    • NOTE Book
      • 81 12 Bloomberg [BANGKOK] Thai Airways International postponed its public share sale indefinitely as it works on a plan to revive earnings and revive its stock price, which has fallen by a quarter in the past year. Thai Air, 93 per cent owned by the government, will
        Bloomberg  -  81 words
      • 89 12 Bloomberg MANILA] Merrill Lynch Co has reduced the capital of its Philippines unit by more than two-thirds as trading slumps in one of Asia's worst-performing markets. Merrill Lynch Securities Philippines shareholders decided in March to cut the unit's capital to 100 million pesos (553.5 million)
        Bloomberg  -  89 words
      • 54 12 Oana-TNA [BANGKOK] The Thai government will speed up procedures to amend laws on intellectual property protection, the ministry of commerce said. Deputy Commerce Minister Suvarn Valaisathien said the ministry would speedily push for the amendments and improve rules to enhance protection of both Thai and
        Oana-TNA  -  54 words
      • 76 12 Reuters [JAKARTA] Indonesia's trade surplus will be about US$22 billion in 2001, narrowing from U5528.47 billion in 2000 because of a slowing global economy, a Reuters poll of eight research houses showed. Analysts said the international economic downturn would be the main factor hurting Indonesian
        Reuters  -  76 words
      • 72 12 Reuters [BANGKOK] The slowdown in the US and Japanese economies is expected to hurt Thai exports and narrow sharply the Thai trade surplus in 2001. A Reuters quarterly poll of 10 financial houses shows that Thailand's annual trade surplus would narrow to about
        Reuters  -  72 words
      • 42 12 AP [JAKARTA] Indonesia's former president Suharto was recovering well yesterday, a day after surgeons implanted a cardiac pacemaker, a hospital spokeswoman said. Doctors have advised him to remain in Pertaraina Hospital for two or three days, she said. —AP
        AP  -  42 words
      • 51 12 AP [JAKARTA] Indonesia's President Abdurrahman Wahid is scheduled to make a one-week trip to Australia, New Zealand and the Philippines, leaving on June 24, palace officials said yesterday. The much delayed tour of Australia will take in Canberra, Melbourne, Darwin, and Sydney, said a spokesman.
        AP  -  51 words
      • 78 12 Reuters [HANOI] The World Bank yesterday said Vietnam had made good progress in improving conditions for private business but needed to do much more, and quickly, if it was to make headway in a tough global environment. "The domestic context for private
        Reuters  -  78 words
    • 352 13 AFP [NEW DELHI] India's software industry said yesterday its export revenues grew by 55 per cent to US$6.2 billion in the year ending March 2001. Phiroz Vandrewala, chairman of the National Association of Software and Service Companies (Nasscom), said the growth was achieved
      AFP  -  352 words
    • 608 13  -  Group needed to give minorities teeth and boost corporate governance From Audrey Tan in Hong Kong OUTSPOKEN campaigner for shareholders' rights David Webb is lobbying the Hong Kong government to set up an association for minority shareholders, to stop listed
      608 words
    • 394 13 BEIJING He sees a pattern of relatively high growth, low inflation Reuters CHINA'S economic growth was "near 8 per cent" in the first half of this year, Qiu Xiaohua, deputy director of the State Statistical Bureau, was quoted yesterday as saying. "First
      Reuters  -  394 words
    • 250 13 SHANGHAI Bloomberg CHINA announced new rules aimed at selling 10 per cent of 1.2 trillion yuan (***** billion) in government-owned shares this year, as it tries to finance pensions for 200 million retirees expected on old-age stipends in 30 years. The
      Bloomberg  -  250 words
  • Page 11 Advertisements
    • 33 11 PrTml Lianhe Zaobao I I Shareholders here I I hurt badly I I b *4o% I I slip in shares I I of pharmaceutical group I I Tianjin Zhongxin I I I |il@l
      33 words
    • 711 11 FOOD FACTORY AVAILABLE^^^^^jj S Impressive office-like facade fronting Eunos Link, in MacPherson Paya Lebar area •<■£*£' Unit size from 2,700 sq ft *°T ntJTpwM Car lorry parking loading bays at <( 3SL UW o» your doorstep I U Attached toilet for each unit s For ancillary office light industrial I
      711 words

  • Page 12 Advertisements
    • 3156 12 I NOTICES To advertise In Hw Mutter of The Componie* Act, Cap. SO And In |Im Matter of wiNorr (far east) pte ltd (In Voluntary Liquidation) MEMBERS VOLUNTARY WINDING-UP Al on Extraordinary General Meeting ol the member* ol iba obovenomed Company duly convened ond hald on 23 MAY 2001 the
      3,156 words
    • 343 12 LOST CERTIFICATES The following share certificates have been reported lost, mislaid or destroyed by the Shareholders Mywf pf Company No. Ho. of Share* In the Wame of City Developments Limited C *****17 1 X5OO Ismail Malta Abbas Bhai Chechatwala City Developments Limited C *****70 1 X 250 Tan Cheng Hian,
      343 words

  • FINANCE
    • 267 13  -  SOX Derivatives Trading Report CTlnde^/MSdSTporeZxulez Wong Ann Chuen Refco Singapore Pte Ltd SINGAPORE stocks traded mixed yesterday. Some counters rose on speculation that they may be takeover targets. Tech stocks fell. The benchmark Straits Times Index dipped 6.5 points, or 0.38 per cent, to
      267 words
    • 239 13  -  MSCI Taiwan Index Daniel Wong Refco Singapore Pte Ltd TAIWAN stocks yesterday continued to slide after a second earthquake hit the island in less than 24 hours. The MSCI Taiwan Stock Index shed 4.38 points, or 1.82 per cent, to end at 236.52. The
      239 words
    • 228 13 Reuters London THE yen was steady against the US dollar yesterday after surrendering early gains as mixed messages over monetary policy from Japan's central bank and finance ministry undermined the currency. But the yen held its ground against the euro, which shed half a per cent against the
      Reuters  -  228 words
    • Article, Illustration
      1262 13 MTBRBAKK CROSS RATES "~iZ, 'u c$ Rmfc Euro Ffr On HK$ Ind»»Yen Won M HgPifc N SStand SfrWTSBtrt fomt US$ Australia 0.798 4367 0.617 4.049 1207 4.104 24.761 59.216 0.642 6.799 2.000 1.262 33.101 27.031 0.956 4.251 0.942 18.108 ***** 0378 0 526 5 471 0 773 5 071 1512
      1,262 words
  • Page 13 Advertisements
    • 31 13 EXECUTIVE JiTE vC Get up-to-date on the property market, and look out for our new weekly legal matters column, interior decor, architecture and gardening stories In The Business Times every Thursday.
      31 words

  • e-NEWS
    • 328 14 PROFIT WASHINGS It cites spending cats by companies; it also cancels Snap IPO because of poor market conditions Bloomberg [MILPITAS, California] Quantum Corp, a maker of computer data storage devices, said fiscal first quarter sales and profit will miss forecasts because
      Bloomberg  -  328 words
    • 323 14 SANTA ANA, California Bloomberg INGRAM Micro Inc, the biggest computer-products distributor, reduced its secondquarter sales forecast. The company, which sells more than 200,000 computerrelated products from 1,500 manufacturers, said it will break even or have an operating loss because demand outside the US is
      Bloomberg  -  323 words
    • 400 14 TOKYO Company reacts to report it's eyeing New York flotation Reuters, Bloomberg JAPAN'S dominant mobile operator, NTT DoCoMo Inc, yesterday said it was considering listing the company overseas but that nothing had been decided, a point emphasised by its parent company. The
      Reuters,; Bloomberg; AFP  -  400 words
    • 315 14 SAN FRANCISCO Reuters AN Internet computer file purporting to show a video of the execution of Oklahoma City bomber Timothy McVeigh actually contains a harmful program that gives malicious hackers backdoor access to computers, security experts said on Wednesday.
      Reuters  -  315 words
  • Page 14 Advertisements
    • 46 14 Tv mobile com It's always the A smaftonetw-MMI who know Wfllßßk For the quick-witted, CNN delivers global and regional news stories as they happen on TV, on-line or on your mobile. R j_ I fjT^||o|l|A|l www.cnn.com/osio D 6 lII© TITST FO KIIOW. TW WORLD'S NEWS LIABfK
      46 words

  • 1808 15 SICOM FUTURES jun n RUBBER (futures closing as at 5.30pm) RSS1 CONTRACT* s centVkq) Close Volume Open Month High Low Soft (tomes) Interest Jul 01 110.75 Aug 01 110.50 Sep 01 112.00 250 Oct/Dec 01 ***** RSS 3 CONTRACT (US cants/kg) Volume Open Month High Low Sett (tows) Merest
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  • WORLD news
    • 377 15 FRANKFURT It raises its inflation forecast bnt sees no signs of debilitating stagflation AP. Bloomberg ACKNOWLEDGING that the global economic slowdown will bite Europe harder than expected, the European Central Bank yesterday scaled back growth forecasts. "It cannot be excluded that the international
      AP.; Bloomberg  -  377 words
    • 212 15 TOKYO Reuters BANK of Japan (BOJ) governor Masaru Hayami shrugged off calls for further credit easing despite the finance minister effectively conceding the economy was in recession and a government report that said it was deteriorating. Political pressure has been building on the
      Reuters  -  212 words
    • 668 15 WASHINGTON And Fed's beige book shows no evidence of an economic rebound AP, Reuters, FT US INFLATION at the wholesale level was tame in May, offering reassuring news for Federal Reserve policymakers who will meet later this month to consider cutting interest
      AP,; Reuters,; FT  -  668 words
    • 362 15 NEW YORK Reuters A NEW wave of job cuts that has swept corporate America in recent days has triggered concerns that consumer confidence could take another plunge, threatening to prolong the economic downturn. On Wednesday, companies across the economic landscape from film and
      Reuters  -  362 words
    • 422 16 LONDON Move comes earlier than expected and sends share price np 4% to 6-month high Reuters, Bloomberg CANARY Wharf Group pic, Britain's second-largest property company, said yesterday it would return at least £2 billion (SSS.I billion) to shareholders over the next four years
      Reuters,; Bloomberg  -  422 words
    • 409 16 TOKYO Regulator wants them to sell lOt yen of their portfolios FT JAPAN'S regulators are drawing up plans that could force the country's banks to sell at least 10 trillion yen (Sslso billion) of their equity portfolios in the next three years. The
      FT  -  409 words
    • 388 16 TOKYO NYT, Bloomberg GOLDMAN Sachs Group yesterday announced that it had created a bluechip advisory board for its Japanese operations, with members including Thomas Foley, the former US HoAse speaker and until recently, US ambassador to Japan, and Nobuyuki Idei, chief executive of
      NYT,; Bloomberg  -  388 words
    • 695 17  -  US congressmen seek PM Gob's views on regional developments From* Catherine Ong in Washington ON Capitol Hill, rarely if ever do they discuss Singapore's fledgling Speakers Corner, tensions in Irian Jaya and the haze in the Asean region from burning forests. So, as
      695 words
    • 442 17  -  Outcome will determine advance of US-S'pore FTA, other US trade initiatives From Leon Hadar in Washington IN the same week that Singapore's prime minister is trying to win support in Washington for a free trade agreement (FTA) with the United States, US lawmakers
      442 words
    • 410 17 Reuters [NEW YORK] Investors looking to Wall Street's top analysts for advice on Kraft Foods Inc's US$B.7 billion blockbuster stock offering are out of luck. Most premier investment banks were in on the deal, so only two of the food industry's top 10
      Reuters; AFP  -  410 words

  • STOCKS asia
    • 1198 16 HONGKONG Reuters P Hang Seng -274.42 HONG KONG blue chips ended more than 2 per cent lower yesterday on renewed worries over weakening consumer demand in the US, and fears that China may clamp down on recent heavy fund flows into the territory. The
      Reuters  -  1,198 words
    • 817 16 TAIPEI JuoM T» COOO) ABIT Computer Corp —36.00 0JO 22 Accton T»ch 40.70 -2.00 10 Actr 21.50 -0.70 21 ACER Comm. t Multi .32.30 -1.00 12 Actr Display Ttch 35.80 unch 11 Actr Sort* 55.00 -1.50 2 AmWt MlcroSysttmj ...181.00 -4.00 2 Arima Computtr 29.20 0.20 46 Askty Computtr 31.20
      817 words
    • 1064 16 TOKYO Reuters, AFX-Asia Qgwaj *aaa TOKYO stocks ended mixed yesterday after short-cover-ing in the battered tech sector offset a slide in banking shares, which plumbed year-to-date lows. The benchmark Nikkei Average edged up 0.18 per cent, or 23.21 points, to 12,846.66. boosted in part by
      Reuters,; AFX-Asia  -  1,064 words
    • 3404 17 KUALA LUMPUR Reuters, AFP, AFX-Asia (3 Composite Index +114 MALAYSIA'S key stock index rose for a fifth straight day yesterday to end above a key 600-point level as blue chips like Telekom extended their rising streak amid optimism the market has bottomed. The Kuala
      Reuters,; AFP,; AFX-Asia  -  3,404 words
  • Page 16 Advertisements
    • 713 16 I NOTICES To advertise call toll-free 1883 Fax No. 741 1298 l In th« matter of the Companies Act. Cap. SO ond in th« matter of Boxx Apparel Pte Ltd (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308(2) of the Companies Act Cap 50 that a
      713 words
    • 908 16 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF EANTASTICONE I ASIA-PACIFIC) PTE I.TD (In Members' Voluntary liquidation) NOTICE IS HEREBY GIVEN thai the creditors of the abovenamed Company, which is heing wound up voluntarily, are required on or before the 16® day of July.
      908 words
    • 499 16 THE COMPANIES ACT (CAP 50) Section 291 (1) STATUTORY DECLARATION BY DIRECTORS OF COMPANY'S INABILITY TO CONTINUE BUSINESS BY REASON OF ITS LIABILITIES Name of Company: Oah Bang Printing Packaging Supplies Pte Ltd Company No: ********** The Registrar of Companies Businesses. Singapore We. Andy Ming Kung Wing of 3rd Floor,
      499 words
    • 799 16 I* THE MATTER OE THE COMPANIES ACT. C AP. 50 A*D IN THE MATTER OE BISTROT P\RIS II PTE LTD 111 Creditors' Voluntary Liquidation! NOTICE OE REISOI.I TIONS I Pursuant lo Section XMxbil At an f uranrdinarv General Meeting the Company held at 51 Uildhtll Pla/a. «IH-OS (kiidhill Play a.
      799 words

  • Page 17 Advertisements
    • 1390 17 I\J ftTTf PC To advertise call 101 l tree 1800 741 1883 A 11/JjU Fax No 741 1298 IN THE MATTER Of THE COMPANIES ACT, CAP SO AND IN THE MATTE* Of IVENTE PTE LTD (In MmiWi' Voluntary Wmdmg-Up) RESOLUTIONS PASSED ON 11TH DAY Of JUNE 3001 At on Extroordinory
      1,390 words

  • 2552 18 BONDS WARRANTS R Wtm taa/ u*y Lai M Bar UMMh t<« iaad Cat tier Mk 1Mb t— f I I I* -r- (mi m+ Um Mk> Prke laMMh ftfce 1*1 Left 37 0.5 s Acma ******4 0.5 0.5 1 41.0 1 300 701 75.00 1 15 2.5 s
    2,552 words
  • Page 18 Advertisements
    • 520 18 n v V «w y "diL [S\ Yes! I want to subscribe to The Business Times Get Smart with The Business Times and S?o?f^ r ?o?i wh^month c,ed ana Standard Chartered Smart Credit today, i Simply fax this to 744 0848 or call 1800 747 7000 I now! Our officers
      520 words
    • 58 18 what to eat > drink > buy > watch > hear > plug into I vi/eekend friday-sunday june 15-18 2001 M IVI BL if A T i g 1 I i I J I |Mw_ have a comic weekend! > the who's who in adult cartoon worid > six contests
      58 words

  • 8443 19 SGXMAMBOARD Gr Or mm SJ-Wk LM Vol Day Last Quote Div Dm VM MM Cm tog Mijfc low Ogg Sato W- fW Ml# L— jg Mg Cw HI hi Mg MULTI-INDUSTRY 143 35 t AcmaSOc 37 5 *0 5 338 37 5 36 5 36 5 37 5
    8,443 words
  • Page 19 Advertisements
    • 51 19 "the full use World's Slimmest jjg^ of today 'Imagination 21 THE BEST E DOX SSI IMPORTANT PREPARATION SI CEIB6 f'"- I .ir Pla/a: r^CT TOMORROV\4a (K, Mlurt Complex: W I IVniiiMila Pla/a: ->AS *<»_!(» I St iMi < Bnt*is): •>■>" So" Wisma \lria:~->> JSJ -w colkvtion Scnicc (fiitre: 1 ->
      51 words

  • ARTS festival
    • 1164 20  -  Fabulous sets, fascinating story fail to resuscitate performance by the Shanghai Dramatic Arts Centre, says PARVATHX NAYAR PARVATHI NAYAR WHETHER based on myth or history, the old stories are good stories. They've proven to be moth-proof and so they hang around, waiting to be taken
      1,164 words
  • Page 20 Advertisements
    • 172 20 i v V- f■' Get in style with TheßusinessTimes In the NewAsiaßizWomen page, it's all about women achievers, lifestyle, fashion and more women business. JL f Subscribe now to 6 m m m \m months of The Business M L,„ L i Times at $120 (Usual i I $132.50) and
      172 words
    • 151 20 Read our reviews before they go to print. For latest reviews and scorecards, log on to our website at http://business-times.asia 1 .com.sg BRISBANE BUNGALOWS GOLD COAST I i r "jr WHAT WOULD YOU DO WITH 1. S$ 18,000 (no extra) is all you need to own a Freehold CTAIUIP DUTY*
      151 words

  • Page 21 Advertisements
    • 248 21 m v. /ijay&A m mkI Ei |k ib J? air W M Ml m lM AJrr 1 0P|BnHK ir Wr '"X k; I •*5f' f? r J A'- mf" Jy y |pwp* -V- f jr^ 'M tin£ S*?'?*® J." jf f -i <- < #T *4 f 'A T ff
      248 words
    • 29 21 INSIDE Travel Washington, DC: Urban adventure EL 3 Biz Woman Yeo Siang Khin: A dentist's fine touch EL 4 Cinema Unadventurous Atlantis EL 5 Epicure Breakfast powwow EL 8
      29 words

  • EXECUTIVE Lifestyle
    • PERSPECTIVE
      • 656 22  -  ■•'aa the cuff This trend is perhaps an indication of just how far equality has come. And it's not the equality of the sexes, hut rather the equality of selfishness between the sexes jaime ee HERE'S one of life's little ironies the
        656 words
      • 136 22 JEFFREY Heng,former chief executive officer of Centrepoint Properties has done it. So has DBS Group Holdings 'former president, Ng Kee Choe. And many, many others. They've retired. Whether it's five years or 25 years away, the day will come when we stop getting that monthly payslip
        136 words
      • 351 22 TO remain active, retirees must do more than just exercise. According to Koh Hwan Jing, an occupational therapist with Alexandra Hospital, an active lifestyle is a dynamic, all-rounded one in which older people enjoy and find comfort. Such a lifestyle is important because research
        351 words
      • 821 22 HERE'S some good news. Recent studies on post-retire-ment have shown that only about one-third of retirees say retirement is stressful while two-thirds actually enjoy it. Those who found it stressful saw less satisfaction in their life because of boredom, sense of emptiness
        821 words
      • 904 22 BECAUSE there are so many variables including a sudden and costly illness that can knock the savings out of you one can never say how much money is enough for a comfortable retirement. There are, however, a few areas to look at before you decide
        FILE PHOTO  -  904 words
      • 823 22 THE first thing that Marguerita Dass, principal physiotherapist at Alexandra Hospital, wants to point out is that disease is not inevitable. "Ageing is inevitable, but disease is not," she says. "This is something that we want those in their 50s and above
        823 words
    • TRAVEL
      • 1382 23  -  MARILYN BAUER finds excitement beyond monuments in Washington, DC's lesser-known national parks MARILYN BAUER The writer is a Los Angeles journalist AFTER a week's worth of meetings held in a windowless room on the outskirts of town, I was more than ready to head for home. But times
        MARILYN BAUER  -  1,382 words
      • 919 23 COVER STORY WHEN you hit retirement age, must you bid a fond farewell to seafood and steak and be resigned to eating vegetables and porridge? Not really. According to Gladys Wong, chief dietitian at Alexandra Hospital, healthy 55-year-olds can still maintain the same diet
        919 words
    • BIZ WOMAN
      • 766 24  -  Dental surgeon Yeo SiangKhin has a knack for designing and making her own jewellery pieces. In fact her training in dentistry has been a great bonus to her hobby, she tells LOW VIT UNO LOW YIT LENG DENTAL surgeon Yeo Siang Khin makes heads turn whenever
        766 words
    • CINEMA
      • 545 25  -  It sticks to a stock formula but the animation is a tad different with graphic, clean lines Byl Parvathi Nayar ADMIT it. Atlantis, the pyramids, the Mayan civilisation: they all have that addictive blend of mysterious past, lost glory and only-hinted-at powers that make for good story telling.
        545 words
      • 1350 25  -  By Susan Tsang About Adam. Adam (Stuart Townsend) is a handsome customer who sweeps waitress and aspiring singer Kate Hudson (Almost Famous) off her feet. What his fiancee doesn't realise is that her bookish sister has fallen for him too, and is carrying on a relationship with the
        1,350 words
    • golf links
      • 447 26  -  ve* sreemivasax checks out what's special at World of Golfs newest pro shop in Singapore VEN SREENIVASAN ORLD of Golf officially opening what V promises to be one the city's golf pro-stores Takashimaya Shopping Centre The sprawling Golf Town occupies some 5,000 sq ft of
        ARTHUR LEE  -  447 words
      • 710 26 US OPEN Reuters [TULSA, Oklahoma] Tiger Woods is more confident in his game entering this week's US Open than he was before the Masters, a state of mind and form that does not bode well for the rest of the 156man
        Reuters; REUTERS  -  710 words
      • 581 26 Reuters [TULSA, Oklahoma] The US Golf Association has taken radical action to rectify unfair conditions on the ninth and 18th greens for the US Open golf championship which started yesterday. Players have been complaining about hitting approach shots to the elevated
        Reuters  -  581 words
      • 320 26  -  Compiled by Low Yit Leng UPCOMING EVENTS SLGA League, Jurong Country Club —June 26 A NEW format from previous years, the SLGA League is the annual tournament organised by the Singapore Ladies Golf Association. It is a competition for its members from affiliated clubs and invited clubs here.
        320 words
    • EPICURE
      • 686 28  -  The morning selection at Fullerton Hotel's Jade restaurant may be modest but ui-hooh has no complaints CHEAH UI-HOON IN modern times, there has been a lot of controversy about basic eating habits that we grow up with. Should we have one egg a day or not? First it
        686 words
      • 250 28 CRAVINGS IF you're stuck somewhere around the Japanese Garden in Jurong at meal time, it might be useful to know that Fairway Club now offers Hong Kong cooking at its new New Treasure Restaurant. Non-members are welcome but prepare to run into golfers boasting
        250 words
      • 255 28  -  By Cheah Ui-Hoon CONSTANTLY adding on and changing their menu to cater to the demanding Singaporean palate is Genki Sushi. The chain introduced several items recently in a major menu revamp. Topping the list of its notable East-West fusion goodies is Ebi Kinshi Tempura ($2.90) which
        255 words
      • 974 28  -  WINE CONNOISSEUR By] N K Yong BORDEAUX is a pressure cooker right now. I spent the last week there tasting some of the most important wines while following the 2000 en primeur campaign. I have been following the en primeur campaign every year since
        974 words
  • Page 22 Advertisements
    • 58 22 CAST YOUR VOTE: Go to the BT Online website (business-times.asial.com.sg) and take part in the interactive poll based on this column. RESULTS OF THE LAST POLL: Which do you think is the taxi driver from hell? The rude cabby 38% The talkative cabby 14% The cabby with BO 48% The
      58 words

  • Page 23 Advertisements
    • 187 23 Getting there Great Falls Park Thirty minutes from DC Take exit 13 from the beltway (1-495) in McLean. Turn left on Georgetown Pike, go four miles, turn right on Old Dominion Drive to enter the park. www.nps.gov/gwmp/grfa Thompson's Boat Center At Virginia Avenue and Rock Creek Parkway E-mail: tbc@guestservices.com Open
      187 words

  • Page 24 Advertisements
    • 292 24 CjrctZl&r3^O I MONT f. BLANC I f A new Generation of Class Style 1 TO HI U >- .K'.SM Ml ft V Hi \leisterstuck Chronograph Stainless Steel Quartz Meuterstvck Solitaire Stainless Steel Rollerpotnt wwwmontblonc.com scefo fcc eiw ac °tta Ht* wßmgS£< isr Hi cx^ e x Where to wine, dine
      292 words
    • 200 24 Medan Food Festival ***1 Participate in the Lucky Draw and win a pair of return air tickets to Medan and stay at Emeral Gardenia Hotel International. *Thc Food Festival is not applicable on O j Father's Day (17 June 2001) Mondays to Fridays Lunch Buffet: $24.00 (Aduit) 512.00 (Child) *^JC
      200 words
    • 150 24 Relax and enjoy a long lunch with a wide variety of Oriental and Western dishes as well as tempting desserts. Served every Saturday and Sunday, from 12 noon to 4.30pm at $24 per adult and 40% less for children. For reservations, please call 432 5567 Pnca subject to semct charge
      150 words
    • 145 24 ranq mahal J/n way to a man s heart, is through gastronomy! Dine in at Rang Mahai this Father s Day and have dad pick off the menu' He'll be thrilled by the extensive selection of luscious tandoori delights, mouth-watering curries and fragrant briyams' On Father's day, rang mahal is
      145 words
    • 136 24 Welcome to die rich heritage of Philippine Cuisine 7 to 17 June 2001 Philippine cuisine is a blend of culinary cultures. It is indigenous, colonial, foreign and fusion all rolled into one. i I Our three guest chefs from the acclaimed Century Park Hotel in Manila will introduce you to
      136 words
  • Page 24 Miscellaneous
    • 299 24 CKVPTIC CROSSWORD 9 Breathalyser used by talkative |HH Hh Jlf 10 Knock sailor returning at last 9 repeatedly (3-1 -3) W hh Lav tag 12 Assume one is entering em- 11 I ployment (5) 13 Joint champion team (7) |H H| HT 15 Boy included horse, a right Electricity in
      299 words

  • Page 25 Advertisements
    • 257 25 SINGAPORE PRESS HOLDINGS NEWSPAPERS PRESENT 4p Shop with us todfly snd sms style W BODY -iSr <4v mrepoint win exciting prizes at ATOS DCCT u ,7 WELL N F 6 6 V popping EMIE I#§|l|! <—•■• The Great Singapore Sale! rtin&fr m.ubmu.vum ,r f.xedpr.ce HUB ISl—■ SpefKls3on*nirmimjnasmQlereceHrtat«!y p TsA Rik
      257 words

  • Page 26 Advertisements
    • 36 26 Lnm f\% In teres t K Pay By 12 Monthly Instalments When You Charge A Minimum Of $120 To UOB Visa Or UOB MasterCard at WORLD OF GOLF. I *Conditions Apply Check Stores For More Details.
      36 words

  • Page 27 Advertisements
    • 143 27 i|| GOLF TOWN i iv I Opens Toddy! I at Level 4, Sports Department, Takashimaya Department Store BL I I top international brands represented with full concepts in I I VUUf# KKKtk& 5000 square feet of pure golfing pleasure. I I Com* talk to our Japanese Ootf Professional I on
      143 words

  • Page 28 Advertisements
    • 134 28 Whoever said proposals have to be made over foie gras? Many business deals have been sealed over the tables of Hua Ting. And many affairs of the heart. Some of our 'guests swear that it's the fine traditional HUA TING Cantonese cuisine BE Restaurant Wm IBS' presented by our Master
      134 words
    • 30 28 Jade's Power breakfasts are priced at $25++ and $35++ per person. The "tasting "menu costs $22++ per person. Breakfast is served from 7am to 9.30 am from Mondays to Fridays.
      30 words

  • SHIPPING TIMES
    • 285 29 Reuters THE Baltic Dry Index (BDI) rose eight points to 1,366, the Baltic Pan am ax Index (BPI) gained 15 points to 1,324, the Baltic Handymax Index (BHI) fell 15 points to 9,089 and the Baltic Capesize Index (BCI) was up eight points to 1,761. TXME-CHARTEB: British Steel
      Reuters  -  285 words
    • 286 29 MX '000 JmH CWT Distribution 0.56 -0.03 23 Chum Hup 0J1 0.01 3593 Cotco investment—0.22 unch 839 Freight Links 0.08 -0.01 16 GB Holdings a56 0.01 18 IMC Hoidinqs-HK 5.60 unch 0 Jaya Holdings 0.16 unch 90 KeppeiCorp 3.68 0.16 8732 KoppoiFCLS 1.02 0.01 986 Koppol Marino 0.18
      286 words
    • 649 29  -  Vessel carrying corrosive chemical when it capsized off Pasir Gndang Port Reports by] Beth Jinks [SINGAPORE] Singaporebased salvors of the capsized Indonesia-flagged tanker Enda Lestari face a dangerous task removing the vessel's remaining cargo of highly corrosive industrial chemical phenol. Kasel
      REUTERS  -  649 words
    • 231 29 [SINGAPORE] The search for four crewmen missing from the sunken Singapore-registered tanker Heng San will continue for another two days, Indian coast guard officials said yesterday. Explaining that harsh weather conditions were expected to continue unabated, deputy commandant of the Mumbai Coast Guard
      231 words
    • 463 29  -  It aims to be China's regional hnb for Indochina, SE Asia By\ P T Bangsberg THE Port of Fangcheng in southern China's Guangxi Zhuang autonomous region is working with Australia's largest terminal developer to expand its services in hopes of becoming
      463 words
    • 326 29  -  By Donald Urquhart [SINGAPORE] Bucking the global economic slowdown. Port Klang's Northport container terminal has posted a 12 per cent rise in container volumes for the first five months of 2001 over the same period last year. This brought the fivemonth total to
      326 words
    • SHIPPING news
      • 782 30  -  ADMIRALTY CASEBOOK By\ Selva Kumar A carrier that wrongly delivered cargo to a notify party without seeing the original bills of lading, could not later defend its action by saying that the purchaser's move to mitigate its loss ratified the misdelivery, a court in
        782 words
      • 67 30 AP [ISTANBUL) A cargo ship sets sail in Istanbul's Bosporus strait as people stroll along the harrow waterway. The waterway. which divides Europe and Asia and is one of the world's most dangerous, is about to become more hazardous. Traffic is expected to increase
        AP  -  67 words
    • 274 30 PAGE Ahrenfciel 10 Appenship 5 Assets 5 Austral 6 A*ant tO B tang Mas 6 BSA 7 BTL 10 Bangladesh 9 Balaji 4 Batamindo tt CCNI 7 CMACGM 3 COSCO 3 CSAV 3 Central Ex 6 Chahava 10 China Shpg 5 Confer 10 Colony Log 5 Cougar
      274 words
    • 11070 36 thebusinesstimes Pa ge 8 EXPORT LAru>tl FRIDAY, JUNE 15, 2001 ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number To ABIDJAN (ABJ) 2003 Cote D'lvolre 25/06 22/07 Kien Hung HARMONY CONTAINER HR103S 65-*****33 27/06 01/08 COSCO HUMBER BRIDGE 0081W 65-*****00 28/06 28/07 MOL P&O NEO
      11,070 words
    • SHIPS IN PORT
      • 747 39 Vmm) Voy No Berth Arrival Departure Jmi| Nrt < J09 14/06/6:55 15/06/15 00 M Satafraya >0601 J01 M/06/750 M/06/2000 Winstar 8 039S01 J03 M/06/730 M/06/1500 CoMenseaway 5 J04 14/06/8:50 14/06/18:00 I MAT-01 J15 14/06/9:10 15/06/5:00 BayswaterllB M1144 J02 14/06/8:50 M/06/2000 Swissco 93 S9301 Jt3 14/06/9.30 M/06/600 shannon E«P
        747 words
      • 1844 39 RECEIVIN6 Of EXPORT FCL CONTAINERS AND La CARGO Book Inq/ BoUnce Rstls SWP Voy No Etl»/Btr Period From To From ACHIEVER 403 15/2000 U M/1500 14/1459 M/MO w m/hoo m/*59 m/mo 2A IVT700 H/0659 14/0*00 tnaaua 034« rr/vtoo u M/noo m/*59 uwoc m/isoo m/*59 m/»oo U H/T700 H/0659
        1,844 words
      • 199 39 June 25 Hong Kong: Tuen Ng Festival July S Thailand: A sal ha Bucha Day July Thailand: Buddhist Lent Day Angustl Switzerland: National Day An|utt Singapore: National Day South Africa: National Women's Day August 12 Thailand: HM The Queen's Birthday August IS South Korea: Liberation Day Switzerland: Assumption
        199 words
      • 776 39 THIS report, compiled by Cockett Ma rine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem. Market movements are indicated The Cockett Bunker Price Index change and the
        776 words
      • 487 39 Carbon 180 Mm 993.4 0.5 M.I 0.08 46 0.03 *1L Dtwslty Water tesidue Art UmtHm Sediment Wc above £25 1 0 0 0 0 0 380 Ave 985.7 0.2 0J 0.06 19 0.02 torn 380 Mai 990.6 0.7 17S 0.10 45 0.03 Wiri »v/» %«/m rm
        487 words
    • AIR & LAND transport
      • 375 40  -  Singapore airport has chalked up a total of 9 best airport awards so far this year By George Joseph [SINGAPORE) Changi Airport has scored again as one of the best airports in the world. It was named the best airport in
        375 words
      • 434 40 Airlines agree to open London-Frankfort route to new competitor Reuters [BRUSSELS] The European Commission said it had given the green light to a cooperation pact between BMI British Midland, Germany's Lufthansa and Nordic airline SAS. In return for a six-year exemption from competition rules
        Reuters  -  434 words
      • 60 40 [BUENOS AIRES] Passengers of Spain's Iberia Airlines pass through security officials at Buenos Aires's Ezeiza airport to check in on their flight to Madrid. Employees of Aerolineas Argentinas, owned by Spain's state company Sepi, on Wednesday blocked passengers from boarding Iberia's flights after Sepi announced
        AP  -  60 words
      • 289 40 Reuters [HONG KONG] Hong Kong Dragon Airlines Ltd (Dragonair) said it had taken delivery of two Airbus 330-300 aircraft in the past two weeks. The Hong Kong-based regional airline said in a statement on Wednesday the planes were delivered on Tuesday and on May
        Reuters  -  289 words
      • 393 40 Deal expected to have a positive influence on Asiana's talks with striking ground staff Bloomberg [SEOUL] Korean Air Co pilots called off their two-day strike against the country's largest airline, handing a victory to a government that is refusing to cave in
        Bloomberg; FILE PHOTO  -  393 words
      • 204 40 Bloomberg [SEATTLE] Boeing Co, the biggest planemaker, signed AMR Corp's American, UAL Corp's United and Delta Air Lines Inc as the first customers for the company's Connexion in-flight Internet service. The companies will form a venture to provide commercial aircraft with the service.
        Bloomberg  -  204 words
      • 2188 40 on mow n> a— no *4«l«rtl AM229 2230 IM6380 2230 S0229 2230 Aast«r*a S023 0635 HUM 2255 M975 #35 SO 328 2325 Hi.837 1455 MM ****** 2045 IM6986 2020 S0286 2045 K24 2020 *****1 2020 ****** 2045 SO285 2045 Mnk w mm mm tm i*w nm
        2,188 words
  • Page 29 Advertisements
    • 141 29 Admiralty Casebook: Carrier's misdelivery not ratified by purchaser Pg2 Chang! Airport named world's best airport In lata sarvey BadtPg TPfDOC iJfellinoO sth International Conference on 2 Engine Room Simulators Exhibition on Apftlfcaji the Maritime JntijfSßy A SPECIAL FEATURE SHIPPING TIMES 25 JUNE 2001 On 25 June 2001, Shipping Times will
      141 words

  • Page 30 Advertisements
    • 769 30 I TO USA/CANADA ~1 I EXPORT I I OTHER DESTINATIONS VBSa 1 VOT I PUG I ETA Sw| LONG mod DAOAS I HOUSTON |mQHK [CHCACO [WWTOKK TO AUSTRALIA (AUSTRALIA ASIA EXPRESS) OOQJAPAK 51E24 12/04 IVO4 21/04 03/07 04/07 04/07 04/07 07/07 r— —-r OOCI NETHERLANDS 21E25 11/04 20/04 04/07 10/07
      769 words
    • 680 30 lines services represented by Members of the Registry of Members of the y&r Accredlted Agents, 'jgaaj Sin 9°P° re logistics Singapore Shipping Association Association CONTAINERS/ CONVINTIONAL GUt GO ror kung/smgapoki/immu i iangkok VW ETAPKL ETA SIN ETA MALE Lih 6MI M W I Hut IMC Prl*ws Uh (Ml sew «7/t7
      680 words

  • Page 31 Advertisements
    • 1284 31 BbJf v V V Jpsal TO EUROPE FROM EUROPE VOT SIN RTM ANt HAW BRV SOU liH VESSfI VQY RTM ANR HAM RV SOU liH SM HY ADMIRAL 333W 21/06 14/07 12/07 10/07 MOtMAAS SAX 29/ OS -31 /OS W/OMtt/oTlo/W MOITYNi S44W Jl/06 01/07 10/07 13/07 14/07 APIBOOKSIA 089! 03/06
      1,284 words
    • 1878 31 TO AMR T/T i 10 MTS JKtMI T/T tl2 MVS M«U T/T il5 MTS COSTAR LTD IL^KNHPOO 68 8 OUTWARD (l/L) *****02 *****25/75 TOOT 03-*****633 03-*****661 TIL 226 ,MA,N) mr as ass, sS Sf CONVENTIONAI *****01/850 2M5323/73 SWMW HUMlf■ limn rmni HI t W K W W TIN SHE HflJ
      1,878 words
    • 471 31 I VESSEL Ivor I SIM 1 fKG j®Sfl VOY SM JKT SM AG LUX 0741 n/06 70/D4 22/04 BHM IBS 1 1/0* ZfiZßt 22/04 IMKSHWf 10*0 27/04 24/04 KMONPIOOBS 0* 17/0* 71/04 74/04 POMWUtff IMS 75/04 27/04 21/04 KMTC JAKARTA 1055 21/04 OlAtf_ midgut* lots 17/ot n/04 lotx ip/ot ?</04
      471 words

  • Page 32 Advertisements
    • 1184 32 SENATOR LINES TO EUROPE TO MtDOLf EAST/RAN/RED SEA *2! 1«W 1 ano MAM |wv| Ki f«jja I vor <■ HANMSMGAPMf 0055* 15.04 07.07 (M.07 05.07 00.07 0107 txi« OoiwT 14.04 ~Si" UTT PUSAN SfNATOC OOIOW 10.04 N.« 7 M.07 M.07 10.07 11.07 1107 AOUOHAOI OOISW 2304 MM MM MM !1»
      1,184 words
    • 1095 32 IJkAfIMAU-NELS S PORE M'SIA uTTTTj Cwrllt MN CONTR LINES, INC P. GUDANG: (07) *****26 M\y J cm MOt 12DOS7SOOOOC SWU: (084) *****9 MANILA: (632) *****24 PENANG: (04) *****36 BANGKOK: (662) *****57 SURABAYA: (31) *****11 P KELANG: (03) *****77 JKT: (21) *****45 KUCHING (082) *****1-3 NEW YORK PIRAEUS MV "KATSURAGI *****
      1,095 words
    • 471 32 WEEKLY EXPRESS SAILING SCHEDULE WESTBOUND TO: COLOMBO NHAVA SHEVA (CFS MULUNO. MUMBAi) AISO ACCEPTING TO ALL NORTHERN AND WESTERN CO POINTS vissti nam vot spori commnoln. smfval connktmg I connktmg VSL-USA VSL-fUROPt *"s oirs ii Jim 73 jun v jun inoaaiu i delhi usmstb *117* VSS HAZILIAIIEIMESS 001W 25 JUM
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  • Page 33 Advertisements
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  • Page 34 Advertisements
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  • Page 35 Advertisements
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  • Page 37 Advertisements
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    • 113 37 FORTNIGHTLY IREAK-lULK SERVICE TO COLOMIO/MUMIAI SPECIAL RATES FOR STEEL, MACHINERY PROJECT CARGO NLV. WINTER ETA SPORE MUMIAI HEAVY LIFT UPTO OCEAN lt-06-Ql 23 06-01 65.000 RGS CARRIER ETA SPORE ETA COLOMIO CHENNAI JAPP IS 06-0 I 22-06-01 VMZAQ SAN. M. ETA SPORE CHITTAGONG CALCUTTA ISOHI 20-06-01 23-06-01 ALSO ACCEPTIHG IHAHUHTO
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  • Page 38 Advertisements
    • 649 38 I VESSEL VOY SIN MAASIJ^I TIGER RHYTHM 899N 15-1&06 21-24,-06 29 30-06 I TIGER BRIDGE 900N 20-21D6 28m 03-0407 I MILD6URG 08N 01 20-21/06 26-29/06 04 05*07 I TIGER SPEED 901N 22 23W6 *****7 07 08/07 I TIGER METRO 902N 26-27/06 02 05,07 10-11/07 I TIGER RHYTHM 903N 29 30A)6
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    • 1045 38 FREIGHT LINKS EXPRESS PTE LTD 51 Penjuru Rood, 3rd Level, Freight Links Express Logisticentre, Singapore *****3 Tel: *****11 Fax: *****77 E-mail: flesirrilsingnet.com.sg Introducing VALPARAISO SOUTH AMERICA SANTOS MANZANILLO FORTNIGHTLY DIRECT BUENO AIRES I Booking 267# 4694/5535/5539/5541/5553/5569/5579/5562 PROJECT SHIPMENT HCAVYUFT CAHOO (CONVENTIONAL A ROM) Uw« M7SI7L H/P: ***** v// tow> i
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  • Page 39 Miscellaneous
    • 123 39 LEGEND: Issued by Meteorological Service Singapore K Thunderstorm Showers yC" Rain Temperature Wind direction and speed in knots Cloudy Day Weather c><3 Hazy Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds j j Sll 9 ht <1 2m -i—.One hall fleche
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