The Business Times, 22 June 2001

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Total Pages: 40
1 40 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: !utp://business-times.asial.com.sg/ FRIDAY, JUNE 22, 2001 85C
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  • Article
    Lock icon MARKET SUMMARY
    78 1 Dsn L.6BSJ3 (+1.13) BT-SRI CC2.4C (+1.33) ST INDEX FUTURES (+11.00) smsci FUTURES 207J0 (+0.80) STOCK MAKKET INDICES Thursday Change KLSE COMP 592.00 +5.89 •NIKKEI 225 12,962.43 +287.78 HANG SENG 13,187.45 +268.74 SET INDEX 316.92 -155 JAKARTA COMP __435J1 +189 MANILA COMP —1,444.17 -5i8 TAIPEI WPI 4,894.88 -44.76 SEOUL
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  • Article
    Lock icon FINANCE
    83 1 FOKEZ RATES lis* s* USS (SS per USS) 1.821 £(l"SS/SS per 1.403 1565 EURO(l'SS/SS/E) 0.857 1.561 DM 2282 1553 YEN 123.9 68 00 RM 3.800 2.087 HKS 7.800 4.284 BAHT 45.19 24.82 RUPIAH 11,335 6,22a *Sf to 100 unite PRIME RATES SINGAPORE* 5.80 Kl ALA LUMPUR 7.67 JAKARTA 39.00
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  • Article
    Lock icon New disclosure rules set to shake up insurers
    1030 1  -  BTf 4'I.JIIUI'; J Industry also likely to lobby for 'levelling of playing field' vis-a-vis unit trusts Ry{ Genevieve Cua, Serena Ng [SINGAPORE] A shakeup is looming in the insurance industry as a new standard of full expense disclosure to take effect from
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  • Article
    Lock icon Singapore may see technical recession in Q2
    499 1  -  Next week's industrial production data crucial Angela Tan [SINGAPORE] Singapore's second-quarter gross domestic product growth may slow to about 2 per cent, from the 4.5 per cent year-on-year growth in the first quarter, analysts say. And this could mean a technical recession, when
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  • Article
    Lock icon Ng Teng Fong is S'pore's richest man
    630 1  -  His USs3J>b fortune pots him in 17th spot on Forbes' list of Asian billionaires By Conrad Raj [SINGAPORE] Singapore's richest man is property tycoon Ng Teng Fong, 72, according to the international business magazine Forbes, which features five other Singaporeans on its latest
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      74 1 prams Arts Fest Powaqqatsi: saved by the music. Pg 10 Top Stories Remisiers under siege. Next Page Tianjin Zhong Xin Pharmaceutical turns into a nightmare. Next Page OCBC may buy other banks too. Pg3 Kim Eng and Ong Asia to merge finally? Pgs Singapore's infocom industry growing strongly: Cheow Tong.
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      41 1 Dr Mahathir: Govt can easily be booted out Page 11 Koizumi govt outlines financial reform blueprint Page 14 Executive Lifestyle 41 CU Tim Balancing the spirit level Page 1 Hock Lock Siew Odd that Qantas should now cry foul Page 3
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      44 1 I looking east, Next Page On a mission to become world-class hotelier, Pg 8 y -•'«"'/> /^K^®>' 4ml N The movement m %WwiS ?w I.U.C \'yrJl Heir to a proud watchmaking tradition 6.V737 64 51. shop>: The I'mmrnaiV. Onlrcpoinl. Sunlec »hop»: IjicL\ Th<* Hour information:
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  • NEXT page
    • Article
      Lock icon Remisiers under siege
      695 2  -  BTiauiiuujj Lore of stable income drives some to be dealers while others exit industry altogether Ku Serena Ng [SINGAPORE] With their average monthly earnings having plunged by over half since broking commissions became fully negotiable last October, more remisiers have left the industry while others have switched
      695 words
    • Article
      Lock icon Tianjin correction hits traders
      505 2  -  BTi^uiiumj Speculative pants saddle them with clients' defaults By Loh Hui Yin [SINGAPORE] Tianjin Zhong Xin Pharmaceutical has turned from saviour to a nightmare for some remisiers. In a market starved for business, remisiers had hoped the speculative rim on the China play would generate some
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    • ON THE grapevine
      • Article
        Lock icon Market-moving dinner
        78 2 THE annual dinner of the Association of Banks in Singapore next week in which MAS chairman BG Lee Hsien Loong is expected to deliver a speech has triggered the imagination of news-starved brokers on potential mergers in the banking sector. Over the past years, BG Lee has never
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      • Article
        Lock icon Pounding the streets
        79 2 BANKING rumours sparked by OCBC's proposed takeover of Keppel Capital has also added to reporters' stress of getting a scoop. One enterprising editor of a foreign press has actually sent his reporter to OUB Centre in the heart of the banking district, to stalk investment bankers and
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      • Article
        Lock icon Encounter of the KFC kind
        57 2 Place: A KFC restaurant. Time: Wednesday. Action: Discount coupon at the ready, a fast food fan shimmies up to the counter. Fast food fan: "One Crunch fried chicken burger, please." Counter assistant: "Sorry, out of stock.'L* < Fast food fan: "When would you get stock?"
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    • Article
      Lock icon Looking east
      520 2 Fortes' list of Asian billionaires RANK NAME/COUNTRY WORTH BUSINESS (USSB) 1 UKa-sWng/HK 123 diversified 2 Kwok brothers IHK 113 real estate 3 Yasuo Takai I Japan 8*3 consumer finance 4 Nobutada Sap Japan 7.7 Suntory 5 AamPremji' beta 6.9 software 6 Lee Shau Kee HK 53 r eai
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      241 2 22 June 2001 m WIHAS-ARRAY WILLAS-ARRAY ELECTRONICS (HOLDINGS) LIMITED (Incorporated in Bermuda on 3 August 2000) Invitation in respect of 53,500,000 new ordinary shares of HK$O.2O each comprising (1) 3,000,000 Offer Shares at 550.28 for each Offer Share by way of public offer; and (2) 50,500,000 Placement Shares by way
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  • SINGAPORE companies
    • Article
      Lock icon Canberra welcomes SIA but chary of dominance
      410 3  -  Aussie DPM wary of nndne strength from amalgamation of SIA, Air NZ, Ansett By Beth Jinks AUSTRALIA'S Deputy Prime Minister John Anderson said he would welcome Singapore Airlines' (SIA) investment in Ansett, but would watch closely for signs of market dominance. His comments
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    • Article
      Lock icon Odd that Qantas should now cry foul
      705 3  -  conrad raj IT'S odd, to say the least, that Qantas Airways should now complain that Singapore Airlines in wanting to increase its stake in Air New Zealand is using the back door to gain control of Australia's domestic carrier Ansett Australia and its
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    • Article
      Lock icon OCBC may buy other banks too – if they enhance value
      540 3  - OCBC may buy other banks too if they enhance value Its $3.1b 10-yr bond issue likely to offer about 25 bp above DBS' recent issne By Serena Ng OCBC Bank may consider acquiring other banks after Keppel Capital Holdings (KCH) if there is value enhancement, its chief financial officer Chris
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    • Article
      Lock icon Kim Eng and Ong Asia to merge finally?
      316 5  -  Both seek share suspensions; there's talk Kim Eng will buy Ong for $154 m By Angela Tan KIM Eng Holdings and Ong Asia yesterday sought a trading suspension of their shares today pending an announcement, igniting hopes the two have finally agreed
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    • Article
      Lock icon Omni defends disclosure on Celestica takeover
      303 5 OMNI Industries defended itself yesterday in a letter to the Singapore Exchange (SGX), claiming it took extensive measures to minimise the leakage of talks linked to its multimillion dollar takeover by Canada's Celestica. The contract manufacturer said precautions included holding meetings outside Singapore, using
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    • Article
      Lock icon Fischer launches IPO shares at 38c each
      278 5  -  By Rachel Ong FISCHER Tech Ltd, a maker of precision engineering plastic components, yesterday launched its initial public offering (IPO) of 54 million new shares at 38 cents apiece. The share offer represents 25.5 per cent of Fischer's enlarged share capital. Just two
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      201 3 I Yr iaiiipr «fc^' V A *V /K The Explosive Power of a large high energy core. rif. »**4»4»- c*uaw Ay Introducing the CBl™ soft two-piece distance ball from Callaway Golf. °< e v i* Main Showroom Tee To Green, 59 Jalan Pemimpin, L& Y Building #01 -03. Singapore *****8
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  • SINGAPORE markets
    • Article
      Lock icon Untitled
      332 4 Stock* Volume Beyonics 10c 32,776,000 TPVUSlC 25,234,000 Frontline 5c 22.688,000 UniFood HK25C 22.585,000 •TanChonglnt50c 21,072,000 Eagle Brand HK75c 19.332,000 AEM-Evertech 5c 19,083,000 Keppel Capital 18.185,000 Chart Semiconductor 26c 15.724.000 SingTel 15c 15,510,000 Stocks OUB 120,258,500 Chart Semiconductor 26c 73,810,920 Keppel Capital 65,179,140 DBSGrp 41,177.021 SingTel 15c 27,784,770 S1A 25.870.400 Omni
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    • Article, Illustration
      Lock icon Rumour mill hits overdrive; small caps prop up market
      588 4  -  STOCKS r. sivanithy YESTERDAY'S trading session was a big improvement on the drab proceedings of the previous three days this week, thanks mainly to a rumour mill that kicked into overdrive and a market that has become very receptive to takeover
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    • Article, Illustration
      Lock icon Flairis wrt: shares hold the key
      180 4  -  WARRANT WATCH By R Sivanithy TRADERS seem to be making the rounds of the penny segment once more, darting in and out of the stocks in the hope of generating some momentum that could lift prices higher. Contract manufacturers have occasionally proved popular in
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    • Article, Illustration
      Lock icon DBS technicals still look weak
      233 4  -  HOT STOCK By Ven Sreenivasan DBS Bank has crashed through several key support levels in recent weeks on institutional selling and is languishing near two-year lows. The stock snapped a six-session losing spell yesterday as it edged 10 cents higher to close at $13.60. Some
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    • Article, Illustration
      Lock icon Yen collapses on Lindsey statement; euro gains
      532 4  -  CURRENCIES Asian units weaken in tandem with yen; euro, and A$ register larger rises versus yen than against US$ larry wee THE US dollar exploded' to seven-week highs versus the Japanese yen in overnight trading on an unexpected statement from the White House
      Source: Reuters  -  532 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    3286 4 UNIT TRUSTS FUNDS Aberdeen Asset Mgt Asia Ltd Aberdeen Select Portfolio: Global MNCFd 0.730 0.768 Global Technology Fd!** 0.621 0.653 UK Blue Chip Fd!** 0 738 0 776 American Opport Fd 0.833 0.876 ContEuroEqtyFd!** 0.992 1.043 Japan EqtyFd!** 1.170 1.229 Asian Fixed Income Fd 1.113 1 148 Pacific Equity Fd!**
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      348 5 Maurice Lacroix. Tomorrow's Classics. Masterpiece Moon Phase m Masterpiece Moon Ptiase: Automatic movement ML 37. stainless steel case, AIIRIfF I AC R OIV scratch resistant sapphire crystals (see through back), water-resistant to 50m. l"wl\lV#C LMvV\vlA available in Ladies and Mens sizes Switzerland Tomorrow's Classics t Sole Distributor Exclusively available at:
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  • SINGAPORE news
    • Article, Illustration
      Lock icon Cheow Tong: infocomm sector healthy
      649 6  -  Minister promises support for industry which is growing strongly and is increasingly export-oriented By Kenneth James, Andrew Wee SINGAPORE'S lnfocommunications industry is in good shape and growing strongly. Communications and IT Minister Yeo Cheow Tong said yesterday at an exhibition showcasing home-grown infocomm products and
      FILE PHOTO  -  649 words
    • Article
      Lock icon SBA nod for SCV shareholding changes
      111 6 THE Singapore Broadcasting Authority (SBA) has approved the shareholding changes of Singapore Cable Vision (SCV) following the proposed SCV-StarHub merger. Under section 45 of the SBA Act no persons «h«n hold more than 3 per cent of the ordinary shares of a broadcasting company
      111 words
    • Article
      Lock icon DBS, Adroit to launch direct debit service
      415 6  -  Nets to act as payment clearing gateway for jannaX By Tang Weng Fai DBS Bank and Adroit Innovations will officially launch a service with the Network for Electronic Transfers (Singapore) today to tap the local online direct debit market. The joint venture, called
      415 words
    • Article
      Lock icon SGP renamed Genome Institute of Singapore
      144 6 THE Singapore Genomics Program (SGP) has been renamed the Genome Institute of Singapore (GIS) to better reflect its role. It will continue the efforts made by SGP, which was the flagship public sector research programme of Singapore's Biomedical Sciences Initiative. The aim of the
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    • Article, Illustration
      Lock icon CityDev and Hwa Hong in apartment block venture
      372 7  -  CityDev to hold 80% in the 110-unit project on Mohamad Saltan Road Andrea Tan CITY Developments Ltd yesterday said it had formed a joint venture with Hwa Hong Corp to develop a 110-unit apartment block project along Mohamad Sultan Road. CDL purchased
      372 words
    • Article
      Lock icon Q1 exports to China soar 41%
      335 7  -  rye pyvi By Chuang Peck Ming SINGAPORE-MADE exports to China are still on a roll. While Singapore's non-oil domestic exports to virtually all its major markets tumbled in the first quarter, those to China continued to soar. Shipments to China jumped 41 per cent
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    • Article
      Lock icon New rates allow better choice: SCV
      287 7  -  MAILfTCTTI Vivien Chiong director corporate communications SCV PLEASE refer to the letter "New SCV rates unfair" (Mailbag, June 20). SCV thanks Denis Distant for his feedback about the new SCV MaxTV subscription plan. Since the inception of cable TV in 1995, SCV has not
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    • Article
      Lock icon Learn before you leap into stocks
      274 7  -  Ng Kah Wan, Dennis Singapore THE news of a local female personality who ended up bankrupt after losing over $300,000 punting in the stock market drove me to pen my thoughts below. Investing through buying/selling stocks directly is one of many investment vehicles available.
      274 words
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      614 6 jm r a > J re 'y T Whatever industry you're in, chances |H w for scalable and available systems that could keep r" pace with growth in business volumes gjk 1 without effecting a corresponding I,^f w* investment in systems. Here at Sun, v J yW provide affordable to
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      176 7 If you've been thinking of highly coveted car is yours. And that be your cup of tea: a downpayment visit www.mercedes-benz.com.sg or owning a brand new Mercedes-Benz much anticipated encounter with the of around $20,000 and monthly call Cycle Carriage at 298 1818. E2OO Kompressor, there's no better supercharged Kompressor
      176 words
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Cracks appear in EU's grand ambitions
      758 8  -  msnmsEEm OPINION shada islam THREE days of unprecedented street battles between disaffected anti-globalisa-tion protesters and an overwhelmed Swedish police force at a European Union summit in Gothenburg, Sweden, last week have shaken the bloc's 15 governments to the core. Forget Europe of the people,
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    • Article
      Lock icon IN OTHER WORDS
      57 8 "The Cold War paradigm was the United States as global policeman. The post-Cold War paradigm is the United States as global attorney." Gregory WaDance a lawyer at the international law firm, Kaye Scholer in New York, on the growing use of the American legal system to judge
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    • Article
      Lock icon Opec should ease prices
      688 8 EDITORIAL THIS time around last year, the talk was about a potential third oil shock. Such fears have abated. Oil inventories are up and everyone expects the crude oil price to flatten out Indeed, the Organisation of Petroleum Exporting Countries (Opec), which will meet on July
      688 words
    • Article, Illustration
      Lock icon On a mission to become world-class hotelier
      2279 8  -  BntCityDev chief Kwek Leng Beng needs to do more to realise his ambitions By, Justin Doebele, Heidi Brown PROMINENTLY on display in Kwek Leng Beng's office is a gold-plated machine gun. It was a gift from Prince Alwaleed of Saudi Arabia, a fellow
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      147 9 THE NEW VOLVO S80 OWNERSHIP PACKAGE. NO HATTER WHICH DIRECTION VOU TAKE. IT'S ATTRACTIVE. Owning the prestigious New Volvo S80 2.4 has never been easier. After all, for a strictly limited time, you get to choose one of these two exclusive routes: Route 1: No installments till 2002. Route 2:
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      202 10 •t v T c-;/ tr x v* H N fsv V 1 t 3&# C w£~ 4*K-^/^€f-SsSy*^'; pn|^ M%i>; Meet Alicia. Her job is to champion your interests in the bank. If you have expand our ATA/I network to give you faster and easier access. And with something to say
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  • REGIONAL news
    • Article
      Lock icon Govt can easily be booted out: Dr M
      523 11  -  He urges Umno members to close ranks and behave themselves Reports by Eddie Toh in Kuala Lumpur IN a rare acknowledgement of the insecure position of the dominant political party United Malays National Organisation, party president Mahathir Mohamad said the current government
      523 words
    • Article
      Lock icon Mahathir says he cleared Nanyang Press deal
      182 11 MALAYSLAN Prime Minister Mahathir Mohamad has disclosed that he gave the green light to Malaysian Chinese Association president Ling Liong Sik to acquire Nanyang Press, a deal that has sparked a political backlash from the Chinese community. "I gave the green light for
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    • Article, Illustration
      Lock icon Business as usual for Tan Chong Int'l
      602 11  -  Any impact of parent's break-np will be speculative at this point, says MD By Christopher Tan in Singapore IT was business as usual for motor group Tan Chong International Ltd (TCIL) as it hosted a buffet party for over 200 guests at the
      CHRIS LOH  -  602 words
    • Article
      Lock icon Phileo directors grilled over Pos M'sia deal
      256 11 KUALA LUMPUR Reuters SHAREHOLDERS of cashrich Phileo Allied said they were worried over the viability of their company's controversial plan to buy Malaysia's national postal service for RMBOO million. With RMI.2 billion (***** million) in cash but no reve-nue-generating businesses after selling its
      Reuters  -  256 words
    • Article, Illustration
      Lock icon Thai banks' bad loan woes worsen
      436 12 BANGKOK They may still have to suffer for a decade to clear accumulated losses: analysts Reuters THAI banks' bad loans problem is getting worse, not better, industry Figures showed yesterday, and at current rates it could be another decade before banks have cleared accumulated
      Reuters; REUTERS  -  436 words
    • Article
      Lock icon Megawati absent from Cabinet meeting again
      193 12 JAKARTA AP, AFP VICE-PRESIDENT Megawati Sukarnoputri stayed away from a Cabinet meeting chaired by embattled head of state Abdurrahman Wahid yesterday, highlighting a rift between the two rivals as the latter prepares to face impeachment. It was the second time in recent weeks that
      AP,; AFP  -  193 words
    • Article
      Lock icon SEA must try to close the investment gap with China
      238 12 HONGKONG Reuters SOUTH-EAST Asian economies must make an effort to attract more investment if they are to close the gap with China in the region's north/south investment divide, a global investment conference was told yesterday. According to participants, China remains
      Reuters  -  238 words
    • Article
      Lock icon Separate companies for APP as part of revamp
      375 12  -  SINGAPORE Centralisation for procurement, sales and marketing Conrad Raj DEBT-LADEN Asia Pulp Paper plans to form separate companies for procurement, sales and marketing to try to improve efficiency and transparency as part of its overall restructuring programme. After meeting creditors yesterday, the
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    • NOTE Book
      • Article
        Lock icon Morgan Stanley cuts Thai forecast
        79 12 Bloomberg [SINGAPORE] Morgan Stanley Dean Witter Co cut Thailand's growth forecast to 2 per cent from 2.9 per cent and said the economy will slow more than expected this year as exports and spending decline. "We expect the growth engine to be absent until the
        Bloomberg  -  79 words
      • Article
        Lock icon HK prices fall more than expected
        67 12 Bloomberg [HONG KONG] Hong Kong consumer prices fell more than expected in May, pulled down by the cost of food and clothing. The composite consumer price index fell 1.5 per cent last month from a year earlier, the Census and Statistics Department said. That
        Bloomberg  -  67 words
      • Article
        Lock icon Indonesia's KPPU to probe large firms
        49 12 Reuters [JAKARTA] Indonesia's anti-monopoly commission (KPPU) said yesterday it was looking into possible monopolistic practices by some large listed firms. "Those having dominant market positions, or above 50 per cent, are automatically under our monitoring," Mohamad Iqbal, head erf" the commission, said. Reuters
        Reuters  -  49 words
      • Article
        Lock icon Taiwan eases biotech firms' listing rules
        59 12 Reuters 11 Airblj Taiwan s securities regulator said yesterday it had eased listing requirements for biotechnology firms to promote the development of the island's biotech industry. The Securities and Futures Commission said it has revised rules to allow listing of biotech firms which have
        Reuters  -  59 words
      • Article
        Lock icon TRI to unveil repayment plans by Q3
        63 12 Bloomberg [KUALA LUMPUR] Technology Resources Industries Bhd said it will unveil by the third quarter this year its plans to repay US$52l million to bondholders, including a possible share sale. Malaysia's second-largest cellular phone company, 21 per cent owned by Deutsche Telekom AG,
        Bloomberg  -  63 words
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      117 11 The Rover 75 Classic is an award winning saloon recognisable. And this weekend, we've planned for those unaccustomed to following the pack. VfSfSf a s P e cial party and launch package to make With its luxurious interior, smooth handling the Classic even more attractive* Pay us a visit and
      117 words
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      168 12 SI NGAPORE PRESS HOLDINGS NEWSPAPERS PRESENT JJJ toilfly fjf smßlr£Cvle V &<2DY win excitinq prizes at coHana.nooucn B€ST Body Contour* Bl A -M. gfcf g MHBsg fIPPiP Mrt« f- JMW t-I I 1 nhii /itiaMSu fI'.'MrJIiBWMiUHI wC fixed price (aIBW Sf* o 530 mmmum m a smgie receipt at any
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  • e News
    • Article
      Lock icon EBay booming among online rubble
      243 13 NEW YORK Bloomberg EBAY Inc is flourishing among the Internet rubble, with its stock up 94 per cent this year. Merrill Lynch Co's Henry Blodget sees more to come. The analyst raised his Q2 earnings estimate on the No 1 online auctioneer by 11 per
      Bloomberg  -  243 words
    • Article
      Lock icon Hutchison to buy major stake in ICG Asia
      575 13  -  Li Ka-shing could inject other e-commerce ventures into the firm Fron Audrey Tan in Hong Kong HUTCHISON Whampoa said on Wednesday night that it will buy a controlling stake in its Internet joint venture ICG Asia, a move which the market yesterday
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    • Article, Illustration
      Lock icon Ellison predicts a future with only one rival
      325 13 BERLIN FT SOME of the best known names in enterprise software will be wiped out within five years, according to Larry Ellison, the outspoken chief executive of Oracle, with only his company and SAP remaining. "Ariba and Commerce One, will disappear," he
      FT  -  325 words
    • Article
      Lock icon Media firms' ad sales slide seen ending.
      391 13 LONDON FT. Bloomberg AOL Time Warner, the world's largest media company, offered a rare note of cheer for the sagging media industry, saying it saw an end to the slide in advertising revenues. Speaking in Cannes on Wednesday, Gerry Levin, chief executive of
      FT.; Bloomberg  -  391 words
    • Article
      Lock icon Net registrars offering .biz domains
      199 13 SAN FRANCISCO Reuters THE new domain name ".biz" is about to enter the lexicon of the Internet, joining the conventional ".com", ".net" and ".org", as businesses seeking to strengthen their Web identities can sign up for new addresses. The .biz domain also marks the beginning
      Reuters  -  199 words
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      378 13 NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF LIAN LEE CREDIT PTE LTD (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN that the creditors of the abovenamed company, which is being wound up
      378 words
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      445 13 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF NAL (ASIA) HOLDINGS PTE LTD (In Liquidation) NAL COLD STORES (S) PTE LTD (In Liquidation) NAUTILUS PROVIDORS PTE LTD (In Liquidation) SHIPSTORES (S) PTE LTD (In Liquidation) NOTICE TO SUBMIT PARTICULARS OF DEBTS OR CLAIMS NOTICE
      445 words
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      434 13 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 DUN SIM TRADING CORPORATION PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN pursuant to Sechon 308{ 1) of rKe Companies Ac', Cap. 50 that the Final Meeting of Members of the above named Company will be held on Friday,
      434 words
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      276 13 FORM 65A 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: Exceltech Builders PteLtd Company No: *****4235K The Registrar of Companies Businesses. Singapore We. Myrtle Cheong Cheung Man Ying, NRIC *****853Z and Leong
      276 words
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      96 13 4 m A J H L| mm GOLD COAST BEACHFRONT SUNSHINE PRIME LOCATION WORLD CLASS Stunning Broadwater views LUXURY ocean views r Resort at edge pool Absolute Broadwater frontage Heated spa Close to Dreamworld, ip^ecfgymnas U ement h USe Absolute Beachfront *at*i*w»a T X!LS d p-« Th tis Asl49/« COMPARE
      96 words
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  • WORLD news
    • Article, Illustration
      Lock icon Koizumi govt outlines financial reform blueprint
      885 14  -  The plan will let banks sell bad loans, make provisions for 200,000j0b losses From Anthony Rowley in Tokyo JAPANESE Prime Minister Junichiro Koizumi's Council on Economic and Fiscal Policy (CEFP) last night outlined its master plan for reforming Japan's economy and public finances, while
      885 words
    • Article
      Lock icon Morgan Stanley's earnings dip 36%
      372 14 NEW YORK Weak stock markets take their toll on Q2 results of the US investment bank Reuters MORGAN Stanley, a top US investment bank, yesterday said its second-quarter earnings dropped 36 per cent as the weak stock market hurt stock trading revenues, brokerage commissions and
      Reuters  -  372 words
    • Article
      Lock icon ECB holds rates steady on inflation concerns
      299 14 DUBLIN Bloomberg THE European Centra] Bank held its benchmark interest rate at 4.5 per cent, suggesting policy makers are more concerned about a pickup in inflation than a slowdown in economic growth. "The ECB's problems are the price increases," said Volker Nitsch, economist
      Bloomberg  -  299 words
    • WORLD Watch
      • Article
        Lock icon US trade deficit narrows in April
        94 14 Reuters [WASHINGTON] The US trade deficit narrowed slightly in April, as exports fell to their lowest level in nearly a year and imports also declined, the US Commerce Department said yesterday. The trade shortfall totalled U5532.2 billion in April, a narrowing of 2.7 per
        Reuters  -  94 words
      • Article
        Lock icon Prudential miscalculates payouts
        63 14 Bloomberg [LONDON] Prudential pic said it was forced to scale back forecast redundancy payouts to 250 employees after a computer glitch led the UK insurer to over-calculate the sums. The company sent letters overestimating the payouts to some of the 1,800 sales people that it plans to
        Bloomberg  -  63 words
      • Article
        Lock icon Bear Stearns operating profit down 21%
        66 14 Bloomberg [NEW YORK] Bear Stearns Cos said fiscal second quarter profit from operations fell 21 per cent on declines in investment banking and equity commissions. The US securities firm said profit in the three months ended May 31 fell to U*****.5 million, or US$l.lB
        Bloomberg  -  66 words
      • Article
        Lock icon Electronic Data raises US$1.4b
        45 14 Reuters [NEW YORK] Electronic Data Systems Corp raised US$l.4 billion from a public offering of securities automatically convertible after three years into EDS stock, a source said yesterday. The company sold 28 million units, each with a US$5O par value. Reuters
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    • Article
      Lock icon Fast-track delay dims US-S'pore FTA deal this year
      678 16  -  But top senator says good trade agreement will win congressional support Fron Catherine Ong in New York PROSPECTS for Singapore concluding a free trade agreement with the US this year grew dimmer on Wednesday after a high-ranking US legislator warned of delays
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    • Article
      Lock icon Fed rate cuts yet to benefit firms fully
      325 16 NEW YORK Bloomberg THE Federal Reserve has lowered interest rates faster in the past six months than any other time in a decade, but many companies have yet to reap the full benefit. Corporate borrowing rates have not declined in tandem with
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    • Article
      Lock icon Disney Studios chairman resigns
      168 17 LOS ANGELES LAT-WP WALT Disney Studios chairman Peter Schneider resigned on Wednesday to become a Broadway producer after a tumultuous 18-month tenure, continuing a long exodus of senior managers and corporate upheaval at the entertainment giant. Disney confirmed chairman Michael Eisner plans to personally become more
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    • Article
      Lock icon Euronext IPO may raise about 20% less than expected
      506 17 PARIS Issue to raise up to 780 m euros; comes amid market sated by similar IPOs Bloomberg Reuters EURONEXT NV, Europe's second-largest stock exchange, said its initial public offering will raise as much as 780 million euros (Ssl.2 billion), about 20
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    • Article
      Lock icon US to impose duly on Japanese steel
      397 17 WASHINGTON Preliminary ruling recommends 31% duty on welded pipes Bloomberg THE US Commerce Department recommended a 31 per cent import duty on welded pipe from Japanese steelmakers like Nippon Steel Corp, a victory for US rivals that want sanctions extended to even more
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    • Article
      Lock icon China's 100% duly on Japan goods
      199 17 TOKYO Reuters CHINA has notified Japan that it will slap punitive tariffs of 100 per cent on cars, mobile phones and air conditioners imported from Japan effective today, Japan's Kyodo News Agency reported yesterday. In the latest escalation in the trade row between them,
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  • FINANCE
    • Article
      Lock icon Futures rise, tracking cash market
      279 14  -  SGS Derivatives Trading Report ST lnde*/MSGK STpore Index Daniel Wong Refco Singapore Pte Ltd SINGAPORE stocks ended slightly higher yesterday, riding mostly on the strength of Overseas Union Bank. The benchmark Straits Times Index rose 1.13 points, or 0.1 per cent, to close at 1,685.93,
      279 words
    • Article
      Lock icon Futures under strong selling pressure
      236 14  -  MSCI Taiwan Index Daniel Wong Refco Singapore Pte Ltd TAIWAN stocks fell to a onemonth low yesterday amid weak market sentiment. The MSCI Taiwan Stock Index lost 3.15 points, or 1.36 per cent, to end at 228.37 points. The turnover for the index was 462.93
      236 words
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      Lock icon CURRENCY REPORT
      234 14 Reuters London THE yen fell yesterday after the US government said it would not object if Japanese structural reforms led to a weaker yen, with the euro benefiting the most as the European Central Bank left rates steady. The yen fell to two-month lows against the US dollar
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    • Article, Illustration
      Lock icon Untitled
      1259 14 ntTBRBAME CROSS RATES Jun2I A$ C$ >w6 Eto Ffr Dw HK$ lad >» ttwpUk Yen Won »M Ughth S$ fart Sfr «T$ B*t PoU USS Australia 0.790 4-324 0.608 3 966 1.189 4.063 24.474 59.050 0.645 6.789 1980 1.256 ***** 27.199 0.949 4.206 0.927 17.952 ***** 0.371 0 521 Canada
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      45 14 fvA IS i IX 111 1 N M ROTHSCHILD SONS over 200 ytart of banking win ivy 1 VI Yi/ Tel: 65-535 9677 65-535 9100 Vl —Fax: 65-535 8713 /n n I*l 1 <-r> o a Email: treasurv^rothschild.com.se Call Rothschild Treasury Services today. Website: www.nmrothschiid.com.sg
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  • Article
    Lock icon COMMODITIES
    1878 15 SIOOM PUTPBB8 .h.,,21 RUBBER (futures ciosl**** at SJOpa) rssi contracts ctntvm ciom volume open Mowth Wf* Low Sett (tonnes) Interest •M 01 113.00 Aug 01 112.00 "3.50 250 Oct/Dec 01 H5.25 RSS 3 CONTRACT (US cents/kg) Volume Ope* Montl> HW Law 5«t1 (toots) Interest J«l« 62.25 62.25 62.50 175
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      170 15 A Experience OS5k. jl H a night I AMI RON M \< Kl\ I OSII S prmliu lion ol ■in oaigon. |Mf I A M |i S I |> MAIN KdHIU II AND I At 1)1 -Ml( 111 I S( HONBI R(, 7.5% oft ticket prices lor Sing Tel ny
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  • Article
    Lock icon STOCKS asia
    7636 16 HONG KONG V«l -*n21 HXS rOOO) AcrossAsia Multimedia 2.10 0.K) 50 Alpna Central 0.05 unch ***** Amoy Prop 8.55 -0.40 4357 Ananda Wing On 0.14 unch ***** Angang New Steal M 1.55 0.09 ***** Annul Conch H 2.23 0.20 ***** ANhji Expressway H 1.77 0.16 ***** Arcontech Corp
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      1126 16 THE HANK OF NEW \ORK (XMPANY MI Head Office: One Wall Street, New York, NY *****, U.S.A. Singapore Branch: One Temasek Avenue, #02-01 Millenia Tower, Singapore *****2 Consolidated Balance Sheets Consolidated Statements of Income DOLl«»S IN MIHIONS EXCEPT PEP SHADE AMOUNTS fQB THE *EABS ENDED DECEM9EP J1 2000 1999 DOUA»S
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      737 17 To advertise call toll tree 1800 741 1883 Fax No 741 1298 IN THE MATTM Of THE COMPANIES ACT. CAP. 50 AND IN THE MATTER Of SHIAMAS TRADING PTE LTD (PROVISIONAL LIQUIDATORS APPOINTED) Statute* y Declaration by director* of Com pony'» inability to coiwinuo bwtinoM by rooion of *t liobiUhoi
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      686 17 IN THE MIQH COURT OP THE REPUBLIC OP BiNQAPOHg Comp«n(#t Winding Up No. *****7 of 2001 In tho Matter of tbo Componloo Act (Chapter 50) AND In ttio Mattar of PIN FOODS (PTS.) LTD. (RC No. 1M403M6M) ADVERTISEMENT OF PETITION Nottco naraby givan that a pat it ion tor tha
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      693 17 A leading polyethylene extruder in MelDourne, Australia will be Auctioning its surplus equipment due to consolidation Of its activities onto a single site Tuesday, 24th July 2001 On Site Quality Uaed Polyethylene Extruelon Plant and Equipment: Reifenhauser, Battenfeld, Kiefel. Kuhne Gloenco Blown Extrusion lines Layflat widths: 000 mm to 2070
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      404 17 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF OSA MARKETING ASSOCIATES PTE LTD (In Member*' Voluntary Liquidation) NOTICE OF RESOLUTIONS At tne Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 150 South Bndge Road #09-04 Fook Hai
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  • ARTS festival
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      Lock icon Intensity fizzles out in One Breath Left
      559 18  -  By Parvathi Nayar THE narrative structure of One Breath Left has an old woman on her death bed, waiting on her last breath. As she lingers, her mind unfolds outwards as a visible, stream-of-con-sciousness set of moving pictures. We see dreams, memories, visions
      559 words
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      Lock icon Saved by powerful music
      1016 18  -  Powaqqatsi tends to preach, but thank goodness for Philip Glass' score, says TAMHWEEHWEE TAN HWEE HWEE IT'S not often that you find a movie starring gold mine diggers from Brazil, Hindu mystics, Hong Kong market vendors, Hasidic Jews and one of Charlie's Angels. Powaqqatsi: Life in
      1,016 words
  • Article
    Lock icon SGX clob
    2259 18 BONDS WARRANTS hptof V* to, UXM Mi MCot Lnr Btec Ml. —5?—— tmmm m. rw»> u, w*m mm >rt, i—rtfcu. wm —u* 37 0.5 Acma*0l0724 05 '5 2.5 s AIITech*******7 3 j n« I 42.5 13.5 t Amtek ******0 36.5 -4 2884 41 34.5 36.5 37 M 2*1
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      508 18 I NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 IZ9B j IN THE MATTER OF THE COMPANIES ACT, CAP.SO AND IN THE MATTER OF SHIAMAS TRADING PTE LTD (PROVISIONAL LIQUIDATORS APPOINTED) NOTICE OF MEETING OF CREDITORS NOTICE IS HERESY GIVEN that pursuant to Section 296 of the Companies
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  • Article
    Lock icon STOCKS sgx
    8072 19 SOXMAINBOARD L* D* Qod» N> Mi W Net C im, Cm*m, Sate W- r«W> Hm» Lo» »«yr S«— Cw n jZ WcS MULTI-INDUSTRY 143 35 (AonaSOc 41.5 unch 187 41.5 40 40 5 41.5 0.5 19 9 0 6 10 9 72 41 41 8 t Alliance Tech
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  • EXECUTIVE Lifestyle
    • Article, Illustration
      Lock icon Balancing the spirit level
      1027 21  -  Even as Singapore 's bar business is slowing down, new clubs are opening. What accounts for this seeming paradox? PARVATHINAYAR pops the question to some big players in the market, stirring up some spirited discussion. PARVATHI NAYAR Have gloomy economic forecasts and poor stock markets driven
      1,027 words
    • PERSPECTIVE
      • Article
        Lock icon Nightmare in the Theatre of Dreams
        686 22  -  OFFnrrrroi What does avant-garde really mean? An encounter at a Philip Glass Ensemble performance sheds some light jaime ee THERE are many things that disturb me about the Arts Festival, as well as other non-festival theatre productions. For example, what does avant-garde really mean,
        686 words
      • Article, Illustration
        Lock icon Mohd Sultan players look beyond the stretch
        1346 22 COVER STORY THREE successful club owners on the Mohammad Sultan Road stretch have each opened a new club, but not on the stretch. Simon Lim, Chinaßlack SEEN as one of the fixtures on the Mohammad Sultan stretch, Simon Lim created a bit of
        RICHARD CHNG  -  1,346 words
      • Article, Illustration
        Lock icon Indulging the mind and body in a spa experience
        636 22  -  PURSUITS CORINNE KERK pampers herself at Amrita Spa, Raffles City CORINNE KERK NEVER ever wolf down a meal just before going to the spa. That was a mistake I made. And as three hours' worth of steaming, wrapping, scrubbing, kneading and
        636 words
    • BIZ WOMAN/STYLE
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        Lock icon Lady of the (digital) manor
        1173 23  -  Dr June Chan's home may be all wired up but it's still a cosy haven, corikiie kerb, takes a peek into her secure home CORINNE KERK HER three-storey corner terrace looks just like any other. But not quite. It's actually a lot nicer because it
        ARTHUR LEE  -  1,173 words
    • CINEMA
      • Article, Illustration
        Lock icon REEL bits
        1478 24  -  By Susan Tsang THE summer blockbuster season is in full swing, with the likes of Swordfish and Tomb Raider here to wow us with their mega-budget sets, stellar casts and flimsy stories. Fans of children's animation, action and comedy, your time has come, with Eddie Murphy's Dr Dolittle
        1,478 words
      • Article, Illustration
        Lock icon Bosomy heroine floored by flat script
        722 25  -  The plot in Tomb Raider' is largely irrelevant as the film does not require viewers to think By Susan Tsang TOMB Raider may be adapted from a computer game, but it also traces its pedigree from the likes of Emma Peel and Modesty Blaise
        722 words
      • Article, Illustration
        Lock icon A fishy tale about a garbled bank caper
        646 25  -  'Swordfish' makes up for its glitches by having lots of pretty girls in compromising positions including that famous Halle Berry shot By Susan Tsang IMPORTANT things first: that famous scene has not been excised, so the male fans among us will get
        646 words
    • golf links
      • Article, Illustration
        Lock icon Golf index slumps to 2 ½ -year low
        594 26  - Golf index slumps to 2 -year low VEMSREEMiVASAir looks at why the slide in club membership prices looks set to continue VEN SREENIVASAN IF you thought the price of golf club memberships had bottomed out, think again. The open market indicative prices for memberships at the 11 transferable Singapore clubs
        594 words
      • Article, Illustration
        Lock icon Stark implications of SGA's move
        929 26  -  GOLF The Initiative, while positive, will further erode prices of golf club memberships, and hence diminish the value of an asset ven sreenivasan SO the floodgates have been thrown open at last. One can with a straight face—now claim that golf is poised to be
        929 words
      • Article, Illustration
        Lock icon Ex-Thai soldier Thongchai a S'pore Open favourite
        626 26  -  By Leslie Quahe SINCE turning professional in 1999, Thailand's Thongchai Jaidee has been a frequent visitor to the media centre at Asian PGA events. And it is not expected to be any different this week at the US$3OO,OOO Alcatel Singapore Open. Rarely out
        FILE PHOTO  -  626 words
    • EPICURE
      • Article, Illustration
        Lock icon A taste of divine bovine
        635 28  -  ooßnmE kers bites into juicy Niman Ranch beef and finds it truly mouth-watering CORINNE KERK THE first item on the blackboard menu at The Tavern Pub and Restaurant on River Valley Road is a Niman Ranch ribeye at $2.50 per 10 grammes. And above that,
        635 words
      • Article, Illustration
        Lock icon A feast for the chocoholics
        285 28 CRAVINGS HEALTH freaks, beware. The Fullerton Hotel is offering "Chocolate at The Courtyard", where, for $18+++, you can cheerfully eat choco-every-thing until all your teeth fall out. The Courtyard's chocolate buffet available on Fridays and Saturdays from 8.30pm to 11.30pm is an ideal way to
        285 words
      • Article
        Lock icon Colourful dumpling banquet
        342 28  -  By Tan Hwee Hwee FROM June 15-25, the ANA Hotel presents a surprising variety of dumplings in a rainbow of colours. For those whose knowledge of dumplings don't go beyond the humble wanton, the Cafe-in-the-Park's buffet offers a delicious education on the versatility of the simple jiaoxi.
        342 words
      • Article, Illustration
        Lock icon Teahouse delights leave diners satisfied
        644 28  -  RESTAURANT Tang Lok's House of Mao may have foiled but its Teahouse looks set to woo the crowds By Jaime Ee THE mighty power of Mao felled by nothing more sinister than a no-show of supporters. No, we're not talking about doctrine but duck and
        644 words
  • Page 21 Advertisements
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      108 21 Biz Woman June Chan: Lady of the (digital) manor EL 3 J Cinema A fishy tale about a garbled bank caper EL 5 Epicure A taste of divine bovine EL 8 AT XZQT i I Amr 1 I GREAT MpnniJJ 2oToff*L™ 1 |BlSTßlJYr!ffitlrfM pgj |3 i flf 1 "5 GERMAN
      108 words
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      124 23 (m 5# Who Kills .isIcop in leituivs. ®l 01 youi niece. icmindei of when she Juln I liove h,iu. piS C/ct j $5 cjsh vouchor with every $50 purchase: 25 Mjy to H luly 2001. Rnoliten youi J.iy will) ,i tuMulitully lunikKilled tc.i-scl C/i\c .in unox|Hilei) IimsI will) ,i <lylis!)
      124 words
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      Lock icon Page 23 Advertisements Column 2
      170 23 1 Get in stole with r In the NewAsiaßizWomen page, it's all about women achievers, lifestyle, fashion and more women business. f f Subscribe now to 6 i n i mil ;jwmonths of The Business m% .trr. 1.r.. Times at $120 (Usual Jr* $132.50) and get a I' 8R55 leather
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      829 24 Since 1975 our worldwide staff of over multi-disciplined professionals A f W including lawyers chartered accountants. k a K chartered secretaries and bankers have k v provided confidential and cost effective JB company formation in all the major low ta* areas including Incorporation Fees from US$5OO The world's leading Flo'once
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      Lock icon Page 24 Advertisements Column 2
      35 24 I: KDWAKDH Enjoy real jazz every nigkt (except Sundays) from 18 April 2001 at ()u Somerset 's Bar, Lerel 3, The Westin Plaza, For more information call 431 6156. m TMf WtSTIN SIAMFCMU) WtSTIN PIAZA
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      200 25 You are invited to be a member of The Bomboy Brasserie Club. This exclusive membership card is offered to the A first 50 customers. As a VIP member, you will be pampered with our signature menu. What else? We also giving you FREE flow of our housewines and beers and
      200 words
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      Lock icon Page 25 Advertisements Column 2
      48 25 3 (Days 'ETqpiorer I •»!.<'f f 5. Book now a limited edition issued by the National Bank of Cambodia.* -A Four Faced Buddha found in the Angkor Ruins. *With every room booked. #(S SI 3 sam* v sofitel wiiLSsasezSSsi Four Facad Buddha Coin Apaara Danca Coin PfHuil TAIII7
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  • Page 25 Miscellaneous
    • Miscellaneous
      Lock icon Page 25 Miscellaneous Column 1
      271 25 CRVPTIC CROSSWORD ACROSS 4 To select infinite subject (5) 1 Having a regular payment from 5 Not able to get off during nightgovemment is an advantage (7) time hours (9) SSo uncomfortably hot, Edward 6 Another 4 about the eye (5) was pacified (7) 7 Group of animate canymg the
      271 words
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      32 26 Enjov /«winterest V Pay By 12 Monthly Instalments When You Charge A Minimum Of $120 To JOB Visa Or UOB MasterCard at WORLD OF GOLF. *Conditions Apply. Check Stores For More Details.
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      146 27 ~>*, at Level 4, Sports Department, Takashimaya Department Store jj^fc mSM |9So top international brands represented with full concepts in floor points Cooto your swing mt our I iVg^/OT I Snmaesrone a j>!?* f Zliiiugestuhe fag/e 3 Hiuugestuiie Zlmuuestoiie Ea a le precept sa 71 ?X 9 3xB 3*B Oversized
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      130 28 Not all board meetings are held in Board Rooms. Word has it that often. j|| V after a morning of meetings, some of Singapore's better-known faces in commerce and adjourn HI T A TING Hua T,ng to refTesh ,hcir WMj Restaurant energies and. perhaps. 9 f I carry on discussion
      130 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      257 29 Reuters THE Baltic Dry Index (BDI) rose three points to 1390, the Baltic Panamax Index (BPI) gained 11 points to 1,400, the Baltic Handymax Index (BHI) fell 17 points to 8,996 and the Baltic Capesize Index (BCI) was down two points to 1,768. TXMB-CHARTEKi ♦Hellas (built 1962) 139,609
      Reuters  -  257 words
    • Article
      Lock icon MARITIME STOCKS
      246 29 m U *f- HI CWT DUtrttotton—0.55 -O0I 16 chuwi m* 0J2 o.oi woa Coaco Invastinant—.0.24 0.01 3140 FratotUnfc* 0.06 undi SO OS MoMMgt 0.53 -0.03 4 •MC MoWnqi-HK 5.60 uncti 0 JayaHottngs 0.16 uncti 316 KappalCarp UO 0.04 7029 KappalfELS 1.02 003 564 Kae**4Martna 0.18 uncti 1643 KT#
      246 words
    • Article, Illustration
      Lock icon Thailand revives delayed Kra Canal project again
      515 29  -  Cabinet approves feasibility study to be fended by international organisations From Harish Mehta in tsangKOK THAILAND'S long-delayed mega project to cut a 102-km shipping canal through the Isthmus of Kra in the south to serve as an alternative shipping route to the Malacca
      515 words
    • Article, Illustration
      Lock icon Ship fire at Johor yard under probe
      64 29 [KUALA LUMPUR] Firemen and rescue workers checking the ST New Renown crude oil carrier moored at the Pasir Gudang port in Johor state, about 370 kilometres south of Kuala Lumpur. Nine Malaysian shipyard workers were believed to have suffocated to death on Wednesday
      AP  -  64 words
    • PORT Shots
      • Article
        Lock icon Castro denies Cosco arms cargo claims
        97 29 [SINGAPORE] Cuban leader Fidel Castro has denied US government reports that China used its state-owned shipping line Cosco to move arms to the South American country. Speaking on local television, Mr Castro said the three Chinese shipments to Cuba in the last 12 months
        97 words
      • Article
        Lock icon US to penalise Royal Caribbean
        61 29 [SINGAPORE] The US Coast Guard will penalise Miami-based cruise giant Royal Caribbean over allegations its vessel Rhapsody of the Seas discharged grey water in Alaska's Juneau Harbour earlier this week. Authorities allege inspectors noticed laundry waste water being pumped overboard an action which violates Alaskan
        61 words
      • Article
        Lock icon Next IMO head may be African
        86 29 [SINGAPORE] The International Maritime Organisation's (IMO) next secretary-general may be an African if a South African delegation to the 86th council session gets its way. Reports indicate a senior Transport Ministry official will pursue the matter in the lead up to the IMO's 22nd
        86 words
    • Article
      Lock icon Tg Pelepas port chalks up 24.2 moves per hour
      246 29  -  By Beth Jinks [SINGAPORE] Move productivity gains have kept up with booming container throughput volumes at Malaysia's Port of Tanjung Pelepas (PTP) during the first half of 2001. Described by PTP chief executive Mohd Sidik Shaik Osman as one of three
      246 words
    • Article
      Lock icon China Merchants outlines China port projects
      423 29  -  Terminals at Zhangzhon, Shenzhen planned By P T Bangsberg HAVING announced plans to focus on ports and logistics around Asia, the Hong Kong arm of one of China's flagship companies has begun to release some details. China Merchants Holdings (International) Co Ltd plans to
      423 words
    • Article, Illustration
      Lock icon O'Neil to remain IMO chief for two more years
      406 29  -  From David Hughes in London J INTERNATIONAL Maritime Organization (IMO) Secre-tary-General William O'Neil has been asked to stay on as head of the specialist UN agency for an extra two years. The IMO Council approved a two-year extension to his contract
      406 words
    • SHIPPING news
      • Article, Illustration
        Lock icon Australia set to revise marine insurance laws
        861 30  -  ADMIRALTY CASEBOOK By Selva Kumar SIGNIFICANT changes can be expected to Australia's 92-year-old marine insurance legislation following the tabling in federal parliament late last month of a 426-page review report, including a draft amendment bill. Many of the changes proposed by the Australian
        861 words
      • Article
        Lock icon Asia's worst lot of ships
        118 30 Host of detained ships come from North Korea, Indonesia, Vietnam (SINGAPORE] Ships registered in North Korea, Indonesia and Vietnam were Asia's worst in 2000, according to inspection figures released by members of the Tokyo Memorandum of Understanding (MOU) on Port State Control. Made up of
        118 words
      • Article
        Lock icon Petronas denies owing oil dues
        89 30 [SINGAPORE] Malaysia's Petronas has denied it owes the provincial state of Terengganu RMSBSO million (*****.13 million) in oil dues. According to local reports, the province has filed a suit alleging Petronas, which holds a big stake in the country's largest shipping company MISC. had renegged
        89 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      269 30 PAGE Ahrenkiel 10 Appenshv 5 Assets 5 Austral 6 Avant 10 B'tang Mas 6 BSA 7 BTL 10 Bangladesh 9 Balaji 4 Batamindo 9 CCKI 7 CMACGM 3 COSCO 3 CSAV 3 Centra* Ex 6 Chahaya 10 China Shpg 5 Confer 10 Colony tog S Cougar 7
      269 words
    • Article
      Lock icon SHIPPING GUIDE
      10609 36 THEBUSINESSTIMES Page 8 EXPORT FRIDAY, JUNE 22,2001 ETA eta Advertiser Vessel Voyage Telephone SIN Destn Name Name Number Number To ABIDJAN (ABJ) 2003 Cote D'lvoire 29/06 05/06 Deimas MERKUR BEACH 124W 65-*****44 02/07 05/06 Kien HufX) ROYAL CONTAINER RC103S 65 *****23 04/07 05/06 MOL MOL OUEME 6601A 65-*****66
      10,609 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        808 39 Vessel Voy No Berth Arrival Departure Super Ouwfl 58* Jm m 'jK 21/06/6:30 2 J/06/23 59 Dos Orient* 01-Jan J05 21/06/715 22/06/15 00 Bt Ber Jedaft ***** J01 21/06/8:05 2V06/W40 Winstar S 045S01 J03 21/06/845 21/06/15.40 ThanH to 58/01 J15 21/06/9:10 22/06/5:30 Bayswater118 H1150 J02 21/06/825 21/06/16.-00 Satssco
        808 words
      • Article
        Lock icon CONTAINER SCHEDULES
        1932 39 RECEIVING Of EXPORT FCL CONTAINERS AND LCL CARGO Bookinq/BtUncc Ritls Voy No Etb/Btr Period From To From ATMOELU* Hi 22/001 20/1500 20/1*59 20/1*00 U 20/1700 abt5* 21/0*00 a 20/1700 21/0*5* 270*00 i 21/0700 tvtm zvhoc uudhaji o43v 23*00 nmoo 20/1*5* wim M 20/1700 2VO*5* 21/0*00 a 20/1700 21/0*5*
        1,932 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        198 39 June 28 Hong Kong: Tuen Ng Festival July 5 Thailand: Asalha Bucha Day July® Thailand: Buddhist Lent Day Aaiut 1 Switzerland: National Day Anput 0 Singapore: National Day South Africa: National Women's Day August 12 Thailand: HM The Queen's Birthday Aniut 15 South Korea: Liberation Day Switzerland: Assumption
        198 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        784 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 mar ket Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and
        784 words
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        Lock icon VERITAS BUNKER QUALITY REPORT
        465 39 Cvton 180 MM 993.4 0.5 14.4 0.08 46 0.03 >Mt4 Density Water InWM Ask AtoaMum Sediment No above £25 1 0 0 0 0 0 380 Aw 986.0 02 0.9 0.06 19 0.02 bin 380 Mil 990.7 0.7 17JS 0.10 45 0.03 M/Wi M/M MAI WM
        465 words
    • AIR & LAND transport
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        Lock icon US airline unit revenues plunge 11.8%
        569 40 Steep decline shows effects of slowing business travel as US firms cnt costs Reuters [NEW YORK] US airlines faced a fresh round of disappointing news after a trade organisation reported airline unit revenues in May had recorded the sharpest decline in 20 years. The
        Reuters  -  569 words
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        Lock icon Downturn seen hurting airlines' customer service
        320 40 American Airlines chief can't remember the last time things looked so bad for airlines NYT [WASHINGTON] American Airlines' top executive warned that the declining economy could affect airlines' efforts to improve customer service. After telling a congressional panel the good news about the industry's
        NYT  -  320 words
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        Lock icon US orders change to prevent damage to B737-800 tails
        267 40 Bloomberg [WASHINGTON] Aviation regulators ordered operators of more than 165 Boeing Co commercial jets in the US to fly at lower speeds when using wing flaps or risk damaging a tail wing that helps balance the aircraft. The 737-800's horizontal stabiliser,
        Bloomberg; FILE PHOTO  -  267 words
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        Lock icon Skymark reports Q2 loss
        222 40 Bloomberg [TOKYO] Skymark Airlines Co, Japan's first discount carrier, said competition hurt sales in the February-April quarter, resulting in a loss and forcing the company to push back expectations of its first profit until the second half of the business year. Skymark had an implied loss
        Bloomberg  -  222 words
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        Lock icon Cathay pilots to continue talks with govt, airline
        291 40 Frank discussion mediated by the labour department held over pay and benefits dispute AFP [HONG KONG] Government-medi-ated talks aimed at preventing planned industrial action by Cathay Pacific pilots ended inconclusively yesterday with plans for a ftirther meeting. The talks between the pilots
        AFP; AP,AFP  -  291 words
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        Lock icon EU seeks small changes in airport allocation rules
        218 40 Reuters [BRUSSELS] The European Commission proposed slight changes in the way airlines share take-off and landing slots at airports in the European Union, but said more radical changes may follow. The main focus of the draft regulation is encouraging airlines and airports
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        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1743 40 cm FutHT ci* maw o» mmi ma* ax mm tm ata am MMi S023 0035 HUM 2295 6*975 1035 SO328 2125 §n «5 MM KZ4206 2045 LWSH MO SO286 2045 W24 2020 S***** 2020 mmm mt am mh> trm cm srm ore ■MM MEM40 1815 050
        1,743 words
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      750 30 1 TO USA/CANADA I I EXPORT 1 I OTHER DESTINATIONS I VBSa VOT HO |nAS»|lONG»Kn|p>mS [HOUSTON IkthS IqKACO IIgWTOM I TQ IAWTMLW AMA EXPRESS) ooa*inauws 2105 11/04 15/s*l 04/07 10/07 11/07 11/07 11/07 14/07 OOCIItfTAJN 4304 24/04 27/04 I 13/07 17/07 11/07 11/07 11/07 71/07 SStl VOT WG I ETA
      750 words
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      655 30 Lines services represented by I® "1 Mem^ers of Members of ibe y Accrec ,tec Shipping Agents, Singapore Logistics Singapore Shipping Association Association CONTAINERS/ CONVSNTIONAI CARGO /lyOx fW" «*T KUNG/SMGAPOtI/JAKAttt I UMGCOC \W ETAPKL ETA SIN ETA MALE Prtornte Lib «UI ft* SOW *7/»7 L»prw* Uh M»l 11*7 u*7 fl*7 Ull
      655 words
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      1373 31 TO EUROPE FROM EUROPE IvESSE! VOT SIN KTM ANR HAM MY SOU LfH |Eg» VOT I RTM Mil HAW WV SOU I£H MM I HT ADMIRAL 333W 21/0* 14/07 11/07 12/07 Of/07 MOl MAAS S4S 29/05 31/05 02/06 03/06 20/06 MOITYM 544W 22/06 01/07 10/07 13/07 14/07 tfIMDONBU 01* 03/06
      1,373 words
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      Lock icon Page 31 Advertisements Column 2
      1870 31 TO AKR T/T: It BJNFS 1 JEDDAM T/T 112 MVS I AQABA T/T: IS MVS J STSyTirnrh 2 SftSffiLn 43 FU TIL-07-*****66 FA* 07-*****70 COSTAR SHIPPING PTI LTD 22SMC 1 ***** 2M5325/75 PORT KLANG 03-*****633 03-******8 CR NO; **********0 M TEL 226 1900 (MAIN) D < D 0 «»5786 *****
      1,870 words
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      471 31 VESSEL IvOrTTCmrm lUSN fUS J VtSStL VOT SIN JKT SU» *auu 0451 23/04 27/06 79 04 PWSWHff IS4i 25/36 2ZZSt W/P4 MKiAIAItt IPS W/04 01/07 muNOMHmie <m ?4/04 20/04 03/07 uycrysA* nm 02/07 M/ 07 04/07 HTUNDAISWNTEI 041S WW 00/57 MASOViA SIS 24/04 24/04 SIN 27/04 01/07 03/07 04/07 07/07
      471 words
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      1152 32 SENATOR LINES TO EUROPE TO MKXXf EAST/IRAN/RED SEA w«b WT an tIH AMI I HAO IRV IfU fvHSa VOT m m Ml mm rusAnsauiot ooisw io.m o*.o; our tM7 10.07 nj7 1107 amdham ooisw 210* mm ~~uTr o7« NAHM FBJISTOWf 00*P* IZM 14J7 ISJ7 lU7 IXI7 ll»7 M SARAMA OOISW
      1,152 words
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      Lock icon Page 32 Advertisements Column 2
      966 32 1 |LAfl MAC-NELS S'PORE M'SIA rouoangwt)*®™ I I~IV/ J MNO.IMI7MM SBU: (084) *****8 MAMLA (632)*****24 I PENANG. (04) *****36 BANGKOK: (662) *****57 SURABAYA: (31) *****11 P- KELAWG: (03) *****77 JKT: (21) *****45 KUCHMG (082) *****1.3 MEW YORK I PIRAEUS MV "DRESDEN EXPRESS "V.63E25 MV "P&O NEDUOYD LA SPEZIA" V.1510 I
      966 words
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      Lock icon Page 32 Advertisements Column 3
      472 32 WEEKLY EXPRESS SAIUNG SCHEDULE I WESTBOUND TO: COLOMBO NHAVA SHEVA (CPS MUUJND, MUMBAI) I ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICO POWTS I «waNA« Ivor Is'KMflaxowoliishdml connktmg I connktmg I VSHISA VSt-MKIW I MA7IUAI EIPtfSS 001W 75 AN 30 JUN M JUI IMMND HI MMt IiHAWH I VIIJ7 VSS
      472 words
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      1247 33 A Great WAY—►DUBAI PERSIAN GULF WITH IRISL AGENT IN SINGAPORE AGENT IN MALAYSIA AGENT IN INDONESIA BNOSE MARITIME PTE LTD CR N0 **********0H BOUSTEAD SHIPPING AGENCIES SON. BHD. PT SJNOSE CONTI PERSADA TEL: *****44 FAX: *****81 KL TEL: 03-*****300 FAX: 03-*****682 TEL: 62-21-*****33 IRISL REP DIRECT TEL: *****38 PEN TEL:
      1,247 words
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      Lock icon Page 33 Advertisements Column 2
      446 33 1 bbh I Loading far LOK KIRTI RDM/ATW/BMNAJK/LPL LEADER RDM/ATW/BMNAJK/LPL Zl YUN SHAN RDM/ATW/BMNAJK/LPL Loads Singapore. EVW Malaysia. Indonesia Loading for L OIMTTOOVA JDH/AQA PAN QUEEN O6i/ABU/DOH/BRN/DMM/KWT PEUNOVO DBI/ABU/DOH/BRN/DMM/KWT EVE RISE GLORY JDH/AQA KOUROS V D6VABU/DOH/BRN/DMM/KWT BALAJI VINTAGE JDH/AQA RAINIER DBI/ABU/DOH/BFIN/DMM/KWT n 'Loads Singapore. E7W Malaysia. Indonesia ILoacfcng for lOEE
      446 words
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      1295 33 Houmous/ 9umm/ imum/ qwgcao TA PHPT/LAHI ommt «ssa voT m mc sha xgg tap vksa »ot m I jj mtt inT" UMAIHUM Wit 21/01 02/07 OMIT 01/07 M /07 U& UM 21/01 irmmuM won 02/07 07/07 10/0; 13/07 u/p; ffilfi'ffii urn tjm JITU>HUM KOI7 12/07 It/07 OMIT 70 0 73/0/
      1,295 words
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      1130 34 I ARABIAN PBB4AN OUlf /ROMAN SUB CONIMMT SBCVKX RXPOMT VESSEL VOYAGE SGP CMI DUR DMN KM NXV ARM JED AQR DM ASPHtE *****35W 25/0* 24/04 05/07 07/07 04/07 UNI PREMIER o*7l 403W 24/0* 30/0* 04/07 07/07 13/07 HSHKUSU 0011W 24/04 10/07 12/07 14/07 COSCO REDSEA 0012 039W 02/07 04/07 12/07
      1,130 words
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      796 34 tUfHw SINGAPORE PTE LTD 15 McCallum Street #03-01/02 Natwest Centre Singapore *****5 Tel; (65| *****73 Fax: (65) *****66 Email generals ecusin eculine net Website: http://www.eculine net lohore Bahru Office-Tel <07) *****18 Fax (07) *****62 ALL DIRECT SERVICES TO THE FOLLOWING PORTS NO WEIGHT CONSTRAINT (RATIO 1 CBM 1000 KGS) (ALSO
      796 words
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      449 34 INDONESIA NATIONAL LINE TO AUSTRALIA FULL CONTAINER SERVICE w wtc aw he i stp m m> ta hb KtmUOMK 40S H/0» It/06 00/07 00/07 10/07 13/07 anwor m n/v 03/07 o»/o7 is/o? 17/07 10/07 rorcom m_ ot 13/07 n/w g/07 p/07 30/07 WW li/0717/07 23/07 70/07 31/07 13/0* FEEDER SERVICE
      449 words
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      426 35 BSfl a %HM MYANMA Ipßßk FIVE STAR LINE (MyaßMor Notional Line) Loading for Yangon vessei voy sin pkl pen pgu MONO LA 4SW SU> HPA-AN 289W 73/06 MALAYSIA AGENTS: BOUSTEAD SHIPPING AGENCIES KUL Til 03-*****300 PKL Til 03-*****101 Kit TU 04-*****02 PGU: TU 07-*****21/4 BANK LINE (A strvicc of Andrtw
      426 words
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      1257 35 HMNE= HYUNDAI MERCHANT MARINE CO., LTD. ivesa vor sw sou lbi rim ant I ham Iny Ivessb I voy sou [i» itm ant ham Inv I iot HYADMKAL 333W 21/06 09/07 11/07 14/07 12/07 «<*« AS S43E 01/06 02/06 27/0$ 29/05 »7* MOLTYW S44W 22/06 13/07 14/07 00/07 10/07 APIIBONBU
      1,257 words
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      1021 35 v&v WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERICA "CAR RORO HEAVY LI FT SERVICE' IVKSB I VOY I RAMP HEIGHT Si lUCI MO MIA SAV Ml Qtf MYC I NtW 1 MOB I TARONGA AMI 13 400Tw» 6.3 M 28/06 04/08 07/08 09/08 11/08 12/08 14/08 18/08 20/08 TAKO AM
      1,021 words
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      360 37 sas.a sasia express lines 1 SIMGAPORI AGENT: JAR DINE LINER SUPPORT SERVICES VPSEI *OT SINGAPORE PASIR OUPANG POtTKIUMG KNANG MANAUS I£Ut6MOIT 01 2A/OA/2001 27/ot/20QI 2»/04/?00l SUI INDUCEMENT 30/07/2001 6 otT 0; 01 2t/07/2001 27/07/2001 2», 07 2001 SUB INDUCEMENT 30/ M 2001 G ACWT <*/°J 2t/08/2001 27/00/2001 28/00/2001 SUP IWOOgMfIfT
      360 words
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      430 37 MUR SHIPPING I INDIAN OCEAN ISLANDS/SOUTH AFRICA VESSU TWU KK MM TGM SIN PI KITS REUNION MM a PE CT amssrowß votoi? jo/ot 03/07 00/07 07/07 17/17 2J/07 20/07 27/07 a/07 MUK VOTOI3 05/00 00/00 11/00 13/00 15/00 25/00 01/09 04/09 05/09 00/09 uso *tcrt BMB unm tamos can* Man*
      430 words
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      267 37 KSfff ING LEE SHIPPING CO WHIP I M: *****22 Um«» Fax: 533M3a/532t*M I T c» is«moo—C VESSEL VOY SM ETA SIN ETD KSTUUTNM Union Si* 3 08/01 22/06 73/06 Jar* Unon Stt 72 07/01 23/06 23/06 Suraboyo/lJ Port* UnoiStßlO 05/01 73/06 25/06 fct Gondo 3 03/01 73/06 73/06 Suntoyc DwOoyc
      267 words
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      593 38 I VESSEL VOY SIN MAA SIN TIGER SPEED 901N 24 24/06 29-02/07 07 08/07 TIGER BRIDGE 900N 01-04/07 09 10/07 TIGER METRO 902N 28-29/06 04 07/07 12 13/07 TIGER RHYTHM 903N 0102A)7 07 10/07 1506/07 MILDBURG 10N/OI 04-05/07 09-12/07 17 18/07 TIGER SPEED 905N 0748/01 13-16/07 21-22/07 I VESSEL VOY
      593 words
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      1125 38 FREIGHT LINKS EXPRESS PTE LTD 51 Penjuru Rood, 3rd Level, Freight Links Express Logisticentre, Singapore *****3 Tel: *****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 HEAVYUFT CARGO (CONVENTIONAL A RORO) Iwwnt* lim -*****7», H/P: *****977 tawyoffUWi.com.tq LOGISTICS A
      1,125 words
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      Lock icon Page 38 Advertisements Column 3
      1091 38 /tb |PDZ LINES SZB&mhm I 1 rt_ W CUSTOIB soviet TH: M 771-55H WX: M-2J7-8W I SJMGAPOtt- TOMC XX) SMPPWC PTI (ID ta«k hrtagifttji iw i| I GUOO ***** 22/06 GIStMG ***** 22/06 GILIAX 2119 25/06 GUJAN 2119 2S/06 GtttMG ***** 22/06 G4KA ***** 22/06 GUOO ***** 27/06 GUOO *****
      1,091 words
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  • Page 39 Miscellaneous
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      Lock icon Page 39 Miscellaneous Column 1
      120 39 s^^. LEGEND: issued Service Singapore Thunderstorm Showers o /O Rain Temperature Cp/ Wind direction and speed in knots Cloudy Day We ,he oo Hazy Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds Slight < 1 2m J —»Gne hall fleche represents
      120 words
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