The Business Times, 11 July 2001

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Microfilm: NL23039
Total Pages: 36
1 36 The Business Times
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  • Title Section
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    15 1 THE BUSINESS TIMES MITA (P) 107/03/2001 Internet: httn-//tusiness-times.asial .com.sg/ SINGAPORE WEDNESDAY, JULY 11, 2001 85C
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  • Article
    Lock icon MARKET SUMMARY
    76 1 sn 1,***** (+25.76) BT-SBI 143.77 (+8.50) ST INDEIFUTUIES M7LOO (+24.00) smso FOTDBES mio (+3.80) STOCK MARKET INDICES Tuesday Chance KLSE OOMP 626.23 -1.47 NIKKEI 226 12J00.41 +60.73 HANG SENG 12,***** +2322 SETINDEX ***** -0.79 JAKARTA COMP _43o.60 +1.06 MANILA COMP -7.73 TAIPEI WPI 4,616.71 -40.59 SEOUL COMP 558.60
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  • Article
    Lock icon FINANCE
    78 1 FOREX RATES us$ s$ USS (SS perUSS) 1.886 £(USS/SSperS) 1.409 1588 EURO(USS/SS/E) 0.854 1.568 DM 1290 1147 YEN 125.6 68.40 RM 3.800 1070 HKS 7.800 4148 BAHT 45.48 24.77 RUPIAH 11,370 6,193 *S$ to 100 units PRIME RATES SINGAPORE* 5.80 KUALA LUMPUR 7.67 JAKARTA 39.00 BANGKOK 9.30 MANILA 11.00
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  • Article
    Lock icon Surprise 0.8% contraction in 2nd quarter
    1046 1  -  Govt slashes fall-year growth forecast to just 0.5-1.5% Reports by Anna Teo ISINGAPORE] Even the bearish forecasts of recent weeks proved too upbeat. Against expectations, the Singapore economy contracted in the April-June quarter compared with the same period a year ago. And with the
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  • Article, Illustration
    Lock icon No knee-jerk response to downturn: BG Lee
    617 1 Premature to talk about size of any aid package, he says [SINGAPORE] Deputy Prime Minister Lee Hsien Loong said yesterday the government will avoid a "knee-jerk reaction" to dealing with the current downturn, pointing out it is a "different situation" from the regional
    FILE PHOTO  -  617 words
  • Article
    Lock icon Risk-averse pour $1.48b into guaranteed funds
    619 1  -  htm!ijiiuwj Capital or protected products now corner almost 19% of nnit trusts' total assets By Genevieve Cua [SINGAPORE] Investors here are flocking to guaranteed or protected unit trusts, sinking in an amount estimated at a stunning $1.48 billion just this year alone. To end-June,
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  • Article
    Lock icon Analysts warn of nasty earnings surprises
    746 1  -  HTiaiIJIIUHiJ They see interim earnings plnnge for tech firms, lower figures from banks By Ven Sreenivasan [SINGAPORE] It will be bad news all round when Singapore companies announce their results for the half year to June 30, according to analysts polled by BT. With
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      165 1 DrsroE Top stories ST Engg posts record $167 m interim profit. Pg 4 Market conditions may force property firms to merge. Pg S Sing Tel frontrunner for Maxis stake: report. Pg 11 V Hock Lock Stow v < r Media barred from SlA's AGM what's the story? Pg 4 Shipping
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  • NEXT page
    • Article
      Lock icon Tough year ahead: manufacturers
      591 2  -  GDP FLASH ESTIMATES Economy seen recovering at year-end at best; Mfg shrinks 6.6% in Q2 By Eugene Low [SINGAPORE! Manufacturers here, which bore the brunt of the second quarter slowdown, are bracing themselves for at least another quarter of tough economic conditions. Companies which BT spoke
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    • Article
      Lock icon Services' role as pillar of growth waning
      844 2  -  Sector's Q2 growth comes to just 2J%, down from Ql's 5.5%; farther falls seen By 1 Ling Su Ann, Rachel Ong,Vince Chong [SINGAPORE] The services sector, which supported the overall economy in the second quarter, is likely to lose its cushioning effect as
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    • ON THE grapevine
      • Article
        Lock icon Now you know
        102 2 WOMEN make better investors than men, say some academic studies, because they buy and hold, thus reducing costs and boosting returns. But what really is the reason for men being more "trigger-happy"? The July issue of Smart Money magazine offers some insight in a snippet. Suze Orman,
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      • Article
        Lock icon Drucker's merger rules
        160 2 MERGERS and takeovers seem to be all the rage these days. OUB, Keppel Capital, Omni Industries, Pacific Carriers, Tibs and FJ Benjamin are just some examples from the local corporate scene. So it might be timely to review the five rules for a successful merger as set
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      • Article
        Lock icon In your face
        93 2 IT seems that one of the biggest things in London's West End these days is eating gold. One restaurant called Archipelago claims that regular consumption of the metal is good for blood and its circulation, and even "enhances" the mind whatever that means. A Reuters story yesterday
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      225 2 HUBLOT CHRONOGRAPH that Sensational Feeling fM I'l'l I i S I I,'l A Kl I'll! I Ml' l\! MM -\i '\sf Willi St mi wi•w ki i' («<-v\. mm Ki mm mi it. |i<o \i i; ;n 111 i. Sol'l lis I|( II »\|S\! ll' >\l p I S M
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      77 3 SHOULD YOU WORRY ABOUT THE NEXT GENERATION jgHgj&r' -"§||js§§4 IHBNPfeI OF e-business? ,Jil '4,. THE ANSWER IS YES. nJ m J^W v I 81» J 1 H'~ v 3 r Jfe*.- /-l^^^fe- A ||||jSr r 24 July (Tues) Manufacturing Wholesale be running a more effective e-business soon, there's still one
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  • SINGAPORE companies
    • Article, Illustration
      Lock icon ST Engg posts record $167m interim earnings
      485 4  -  The group is on track to achieve over 20% earnings growth for FT2OOI, FY2002 By David Boey ST Engineering yesterday reported half-time sales that crossed the $1 billion mark for the second consecutive year, along with record interim earnings of $166.9 million, clocked
      ARTHUR LEE  -  485 words
    • Article
      Lock icon Frontline buys 49% of Philippines' IT Holdings for US$3m
      150 4 Reuters SINGAPORE systems integration company Frontline Technologies Corp has acquired a 49 per cent stake in Philippines-based IT Holdings Inc for US$2.B2 million. Frontline said in a statement it would issue 2.3 million shares at 22 cents each as part of
      Reuters  -  150 words
    • Article
      Lock icon Media barred from SIA's AGM— what's the story?
      613 4  -  hqck IKWISIgW conrad raj AFTER more than a decade of inviting the media to its annual general meetings, Singapore Airlines has decided to stop the admirable practice. So the doors to its AGM this Saturday at the Mandarin Hotel in Orchard Road
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    • Article, Illustration
      Lock icon Venture up 8% on takeover talk
      307 4  -  By David Boey VENTURE Manufacturing is the latest tech stock buoyed by takeover talk. The electronics contract manufacturer's shares surged more than 8 per cent to a six-week high of $13 yesterday on talk that managing director Wong Ngit Liong may sell his 5.7
      Source: Bloomberg  -  307 words
    • Article
      Lock icon Property firms to consolidate?
      664 5  -  JM S&ssoon says low share price to NTA ratios make takeovers viable By Vince Chong THE consolidatibn of the banking sector may inspire property developers in Singapore follow suit, said local brokerage JM Sassoon. In a report on 16 listed developers, JM Sassoon believe that market
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    • Article
      Lock icon OUI gives undertaking on OUB stake
      317 5  -  Move brings acceptances for UOB's bid to 26.4% By Serena Ng OVERSEAS Union Bank's associate Overseas Union Insurance yesterday finally gave an irrevocable undertaking to sell its 1.35 per cent stake in OUB to United Overseas Bank (UOB). OUl's stake in OUB consists of
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    • COMPANY Briefs
      • Article
        Lock icon Popular makes net profit of $12.3m
        87 5 BOOKSELLER and publisher Popular Holdings yesterday posted a full-year net profit of $12.3 million, up 3.2 per cent from the previous year. Turnover jumped 27.9 per cent to $275.6 million. Earnings per share rose 0.06 of a cent to 2.72 cents, while net tangible
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      • Article
        Lock icon NatSteel Broadway sees lower H1 profit
        78 5 CONTRACT manufacturer Nat Steel Broadway yesterday said it expects its first half to June net profit to be down 15 per cent despite an increase in sales of more than 20 per cent. Full year results are also expected to be lower than last
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      • Article
        Lock icon Serial takes up Wintech rights shares
        112 5 MAINBOARD-LISTED electronics company Serial System Ltd yesterday announced that it had fully subscribed to its entitlement of 2.3 million rights shares in Taiwan associate Wintech Microelectronics Co Ltd. The exercise costs about NT5105.3 million (515.5 million). The new shares are alloted at an issued
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    • Article
      Lock icon Acma unit sells down stake in MAE Engg
      186 5 ACMA said yesterday Ses-daq-listed MAE Engineering will no longer be an associated company following a deal by Acma's fully owned unit State Superior to sell 17.1 million MAE shares. This will reduce the group's stake in MAE to below 20 per cent.
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      66 4 I yu The Royal Bank of Scotland pic SINGAPORE BRANCH wmr THE KEY TO YOUR UK PROPERTY FINANCE Highly competitive interest rate Fast and convenient service Flexible loan package Pre-purchase approval No pre-payment penalties For further information, please contact either Eileen Tan or Amy Wee at Tel: (65) *****33 and
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      464 4 i Singapore Statement of Accounting Standard (SAS) 33 was effective 1 July 2001 following the implementation of International Accounting Standard (lAS) 39 internationally on 1 January 2001. Described as one of the more radical changes to current accounting practice, SAS 33 affects all financial instruments, not just bonds, debentures,repurchase agreements,
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      178 5 TRAVEL GUIDE The Straits Times Classified. |^T Classifications 573 587. \cj£&\ Buy h. Sell It. Find It. Fly World Business Class to the U.S. and get a free Palm handheld f- ju, 4tr V v >»■ Mri v *v tL. "V.- *v^fj 1 f :^C S y y 4l08lj*it*«^/* v
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Market ends six-day losing streak on hopes, rumours
      562 6  -  I-l i comment STOCKS r. sivanithy A POPULAR stockmarket saying is "buy on rumour, sell on fact". But the opposite "sell on rumour, buy on fact" applied yesterday. At least, that's the most plausible explanation for a 25.76-point jump in the Straits
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    • Article, Illustration
      Lock icon Singapore dollar hits the skids on GDP bombshell
      615 6  -  I-l I comment CURRENCIES Greenback targets 551.8550 as economy, in recession mode; keep a watch on USs's ability to hold above 125 yen larry wee AN unexpectedly painful flash estimate yesterday for Singapore's Q2 GDP pressed the Sing to another 11-year low
      Source: Reuters  -  615 words
    • Article, Illustration
      Lock icon Untitled
      518 6 Theoretical vilim Mom Dac 31, *98 Stocks Volume Willas-Array HK20c 13,689,000 Fischer 15c 13,250,000 Flextechl5c 12,808,000 UniFood HK25c 10,354,000 People's Food HGK 50c 10,102,000 Tianjin Zhong 9,935,000 PNEIndlOc 9,520,000 PCI 25c 8,794,000 Frontline 5c 6,374,000 Chart Semiconductor 26c 6,201,000 Stocks VentureMfjg25c 63,653,200 OUB 49,302,500 UOB 47,389,630 OCBC 28,743,711 Chart Semiconductor
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  • Article
    Lock icon UNIT TRUSTS & FUNDS
    2859 6 UNIT TRUSTS FUNDS Aberdeen Aaaet Mgt Aala Ltd Aberdeen Select Portfolio: Global MNC Fd 0.712 0.748 Global Technology Fdl" 0.600 0.631 UK Blue Chip Fdl"* 0.720 0.7S7 American Opport Fd 0.816 0.858 Cont Euro iqty Fdl** 0.973 1.022 Japan EqtyFdl** 1.160 1.219 Allan Fixed Incoma Fd 1.116 1.150 Pacific Equity
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  • BT golf
    • Article, Illustration
      Lock icon Golf fits Alcatel's game plan to a tee
      857 7  -  Playing golf is very similar to doing business, Alcatel's Fazal Bahardeen tells issue quahe LESLIE QUAHE GOLF is a game that has a lot more in common with succeeding in business than meets the eye. So says Fazal Bahardeen of global telecoms
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    • Article, Illustration
      Lock icon Shorts and clubs instead of shirts and ties
      138 7  -  By Ven Sreenivasan LAST Friday s The Business Times 25th Anniversary Advertising Golf Tournament at the Tanah Merah Country Club's Tampines Course saw about 200 corporate personalities teeing off. Apart from corporate chieftains trading their shirts and ties for shorts and clubs,
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  • Page 7 Advertisements
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      291 7 BT Golf would like to invite readers to send in letters or questions related to the sometimes rewarding, often exasperating game called golf. All questions will be answered by resident pro, Unho Park, and the best letter or I question will win two 8-pacKs of Volkswagen 10$ M dual-core golf
      291 words
    • Advertisement
      Lock icon Page 7 Advertisements Column 2
      96 7 The best loved car on earth is also one of the kindest to the planet. m I 'i'-^B Th« New Btitlt. With the latest fuel efficiency and environment-friendly technologies, there's plenty under the New Beetle's friendly exterior to keep you and the world smiling. SB It's time (As^ Avoiloblt in
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      1 7 Kyj
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  • SINGAPORE news
    • Article
      Lock icon CGU Insurance Centre up for sale
      223 8 Company needs larger premises for growing business THE CGU Insurance Centre in the Raffles Place area is up for sale by tender, with an indicative price of about $45 million. That makes it more than $1,250 per sq ft. CGU's managing director for Asia,
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    • Article, Illustration
      Lock icon Forum paints positive picture of unions' future
      549 8  -  Their roles are far from fading despite declining global membership By Chuang Peck Ming DESPITE a general fall in membership globally, recent experiences of countries like Singapore and new developments in the industrial world show trade unions are far from fading from the
      FILE PHOTO  -  549 words
    • Article
      Lock icon 'Someone' caused plane to crash: witness
      581 9  -  SUJUJR CRASB Aviation expert agrees that person at controls wanted to commit snicide By Beth Jinks [SINGAPORE] An expert witness testifying in the High Court on behalf of plaintiffs in the Silk Air crash case conceded yesterday that he believed "someone" aboard the ill-fated
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    • Article, Illustration
      Lock icon Terms of trade worsen in May
      279 9  -  By Rachel Ong SINGAPORE'S terms of trade worsened in May as import prices outstripped export prices. The import price index was 2.6 per cent higher year-on-year at 104.3 points, figures from the Department of Statistics show. Month-on-month, the index was 0.7 per cent higher
      Source: Dept of Statistics  -  279 words
    • Article
      Lock icon HLF backs reader's view
      517 9  -  MAiLirm Gerry de Silva Group Corporate Affairs Manager Hong Leong Group Singapore I REFER to the letter "Puzzled by negative value for revamped HLF" by Chia Hui Ping (Mailbag, July 9). The writer has calculated the "tangible value" that each Hong Leong Finance Ltd (HLF) shareholder
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    • Article
      Lock icon BCA studying condo share values
      184 9  -  Tan Hoon Wee Corporate Services Division for Chief Executive Officer Building and Construction Authority I REFER to the letter "When will BCA change share value rules?" by John Tan Chor Yong (Mailbag, June 28). Mr Tan advocated that a fairer way of allotting share values
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      158 8 Steal our cash ami you'll be caught red-handed k**jS£ SHKHraHH 5 £9 Most financial transactions are carried (tut electronically these da\ s. Hut there conies a point hen large Minis ol mone\ ha\ e to ph\ sica 11 cluuiLie haiuls So how do \ou make sure that should anything go
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      1138 8 SING INVESTMENTS FINANCE LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT Pursuant to Article 5(1 )(a) of the Articles of Association of the Company, it is hereby announced that the Status Declarations received by the Company as at the end of June 2001, revealed that the foreign beneficial ownership of
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      76 9 f This is one fish story that doesn't exaggerate. It shows you how changing your attitude lets you enjoy your work and your life. Hook into it, it's quite a catch. 1 Spencer Johnson, author of Who Moved My Cheese SOSI A powerful book that will help you boost morale
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      Lock icon Page 9 Advertisements Column 2
      297 9 Accept No Substitlltss. We Set the Standard» Reporting. Applicable for crystal reports 8.5 and crystal analysis 8.0 full products only. Design interactive, actionable content Turn data into information Unlock the value of your Microsoft® SQL Server™ OLAP data with easily and quickly. Integrate with powerful Windows and CrVStill W eb
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Watch feisty Verhofstadt shake up EU
      782 10  -  thehhi F^TTWIIWTtiTSI OPINION shada islam The writer is BT's Brussels correspondent BELGIAN Prime Minister Guy Verhofstadt took over the European Union presidency from Sweden on July 2 with a spring in his step and a distinctly EUfriendly agenda in his briefcase. An unabashed pro-European,
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    • Article
      Lock icon IN OTHER WORDS
      67 10 'I think that we should stop talking about the next king while our current king is still strong enough to lead us all.' Prince Norodom Ranariddh son of King Norodom Sihanouk of Cambodia. 'Indian nationality for a software programmer sends a signal of quality just as a
      67 words
    • Article
      Lock icon Waiting out the slump
      613 10 EDITORIAL Yesterdays provisional estimates for Singapore's second-quarter (Q2) economic growth confirmed the worst fears of even the most pessimistic of analysts: not only is the economy in a technical'' recession, if s headed for a real recession before the current quarter is out In quarter-on-quarter terms,
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    • Article, Illustration
      Lock icon Indon economy hostage to political stalemate
      1215 10  -  It's crucial that the current political struggle between 6ns Dor and the DPR produce a clear and decisive winner By James Castle The writer is founder of the Castle Asia consultancy and president of the American Chamber of Commerce in Indonesia BUSINESSMEN are normally
      AP  -  1,215 words
    • Article
      Lock icon COMMENTARIES
      758 10 Airport tnrtmlence ONE of the few consolations for travellers stranded at Hong Kong International Airport at the weekend was that at least they were able to move around. For those in the air, endlessly circling in the hope of getting a landing slot, it was also an alarming experience.
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  • REGIONAL news
    • Article
      Lock icon IMF may modify loan terms that drew flak in Asia
      579 11  -  It acknowledges that conditions like good governance, reducing graft may have been too onerous From Anthony Rowley in Tokyo THE International Monetary Fund may modify or abandon some of the more detailed and controversial policy conditions it attaches to loans
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    • Article, Illustration
      Lock icon SingTel frontrunner for Maxis stake: report
      391 11 M'si&n mobile telco said to have sought official approval for sale to foreign firm SINGAPORE Telecommunications has emerged as the frontrunner for a strategic stake in Malaysian tycoon Ananda Krishnan's Maxis Communications, according to a report yesterday. The Malaysia Business Times said the leading
      FILE PHOTO  -  391 words
    • NOTE Book
      • Article
        Lock icon Estrada refuses to enter plea
        66 11 Reuters [MANILA] Deposed Philippine president Joseph Estrada refused to enter a plea yesterday to a charge of plundering the country's economy. "Upon the advice of my lawyers, I am not entering a plea," he told the court at his arraignment on a charge of illegally
        Reuters  -  66 words
      • Article
        Lock icon Staff changes seen at Indonesia's BII
        60 11 Reuters [JAKARTA] The Indonesian Bank Restructuring Agency is likely to replace soon the existing management of Bank Internasional Indonesia (BE), sources said. "The government is likely to soon announce the management change. It is part of a scheme in which the bank would be
        Reuters  -  60 words
      • Article
        Lock icon Ex-Indon minister named graft suspect
        58 11 AP [JAKARTA] Prosecutors have named the trade minister in the cabinet of ex-president B J Habibie a suspect in a corruption case, an attorney-general's office spokesman said. He said they are investigating Rahardi Ramelan over an alleged scam at the State Food Agency that cost
        AP  -  58 words
      • Article
        Lock icon M'sian Airlines may get fare hike nod
        59 11 Reuters [KUALA LUMPUR] Malaysian Airlines is expected to get government approval to hike domestic fares by the end of this year, the Sun said yesterday. Donald Lim, parliamentary secretary in the Transport Ministry, said his ministry would decide on MAS' proposal for a
        Reuters  -  59 words
    • Article
      Lock icon Dr M foresees reduction in corporate tax rate
      88 11 Reuters [KUALA LUMPUR] Malaysian Prime Minister Mahathir Mohamad said yesterday he foresees a reduction in the country's corporate tax rate from the present 28 per cent in the government's 2002 Budget, the official Bernama news agency reported. "We are currently studying towards
      Reuters  -  88 words
    • Article, Illustration
      Lock icon New multiracial politics in the offing in Malaysia?
      1047 11  -  ASEAN Will Umno stand for the United Malaysians National Orgn? yang razali kassim IT could have been a statement of changed conviction, or a trial balloon. It could even have been another of his shrewd moves to win back lost ground. But
      1,047 words
    • Article
      Lock icon Gus Dur appoints long-time ally Marsilam as new A-G
      513 12  -  But his appointment is nnlikely to affect political climate, say observers From Shoeb Kagda in Jakarta WITH time fast running out for him, embattled Indonesian President Abdurrahman Wahid yesterday appointed his childhood friend and long-time ally, Marsilam Simanjuntak, as the new
      513 words
    • Article, Illustration
      Lock icon Indian govt to probe state-run fund manager
      585 12 NEW DELHI This follows report of insider trading over fond redemptions Reuters INDIAN Finance Minister Yashwant Sinha said the government will order a probe into allegations of insider trading connected to redemptions of US-64 units just before the Unit of Trust of India
      Reuters; AFP  -  585 words
    • Article
      Lock icon China's industrial output growth slows for third month
      292 12 BEIJING Production up 10.1% in June as export growth slows Bloomberg CHINA'S industrial production slowed for a third month in June as a cooling world economy curbed demand for the country's exports. Production grew 10.1 per cent from a year earlier to
      Bloomberg  -  292 words
    • Article
      Lock icon Taiwan's Q2 trade figures show worst declines on record
      222 12 TAIPEI Reuters TAIWAN'S exports fell 16.6 per cent year-on-year in June, capping the heaviest quarterly decline on record for the island's trade figures even though the drop was slightly less than analysts' expectations. A monthly statement by the Ministry of Finance
      Reuters  -  222 words
    • ASIA Notes
      • Article
        Lock icon Chinese firms told to file reports on time
        56 12 Xinhua [BEIJING! The China Securities Regulatory Commission (CSRC) has urged listed companies to deliver their mid-year reports on time. Companies that fail to release reports before the Aug 31 deadline will face punishment by the CSRC in accordance with the Security Law,
        Xinhua  -  56 words
      • Article
        Lock icon Bering's green drive to cost billions
        71 12 AFP [BEIJING] Beijing is promising to shake off an unwanted tag as one of the most polluted capitals in the world and transform the city into a green haven before the 2008 Olympic Games. It will cost more than US$l2 billion, and as a
        AFP  -  71 words
      • Article
        Lock icon Infesys Q1 earnings jump 49%
        68 12 AFP [BANGALORE] Indian software firm Infosys Technologies yesterday said net profit jumped 49 per cent to 1.9 billion rupees (Ss73 million) in the three months to June compared with the same quarter last year. Net profit in the previous first quarter to June totalled 1.3
        AFP  -  68 words
      • Article
        Lock icon India's Zee TV to relaunch channel
        59 12 Dow Jones Newswires [NEW DELHI] Indian media company Zee Telefilms Ltd has decided to relaunch its flagship Zee TV channel from the third week of August, reports the Business Standard. The local daily said the channel will have a new look and a bulk
        Dow Jones Newswires  -  59 words
      • Article, Illustration
        Lock icon Bangladesh prepares for polls
        63 12 AP [DHAKA] Political rallies and street marches have been planned in Bangladesh this week to mark the departure of Prime Minister Sheikh Hasina (right) from office in preparation for general elections in October. When she leaves office on July 14 or July 15, Ms Hasina would
        AP  -  63 words
      • Article
        Lock icon CEO off Enron's Indian unit Dabhol quits
        82 12 Reuters [BOMBAY] The president and chief executive of Enron Corp's Dabhol Power Company, which is involved in a row with an Indian utility, has quit following the expiry of his'contract, a Dabhol spokesman said yesterday. Neil McGregor, who has been involved in crucial
        Reuters  -  82 words
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      69 11 Software Development Co. located on state-of-the-art Technology Park in India with 24/7 Satellite Communication Lgl I facility seeks Joint Venture, Partnership RIOUIRID and/or Turnkey projects in Web JOINT VENTURE applications, Software Development, b3 PARTNERSHIP/ PROJECT System ln,egra,ion and E-commerce- Please contact n a mstor 1 M Softech (India) Pvt Ltd.
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      10 11 Sing Tel, NTT eye Korean cable network firm, Pg 16
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      84 11 Reserve your place today before seats run out Date: 17 July 2001 JES Venue: Ocean 5, The Pan Pacific Hotel (ZD Ves, I want to attend the event! Please send me an Information Package Id Please invite me to the next Systems Union Executive Seminar. name: designation: company name: address:
      84 words
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      184 12 Lrfß IOHKy I*"*"" 19-21 September 2001 mmg I rVmATO Singapore ■"r Singapore International Convention and Exhibition Centre i n Bio Medical ASIJ PfCITICS Asia 200 1 Bio Medical Sciences in the Port Genomic Era BlOM6dl Cfll Vis& our website: www.biomedidrnlasia.c6m.sg 1.. y {jy »Fwpflt 1 Industry Motspots LYClll »Pharmaceutical Biotechnology
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      526 12 Indon economy hostage to political stalemate, Pg 10 I ORCHARD PARADE HOLDINGS LIMITED I 1 5570,000,000 Principal Amount of 6.375 Per Cent. Secured Bonds Due 2003 (the "Bonds") wt S To: DBS Trustee Limited K M All Holders of the Bonds 1 1 IMPORTANT NOTICE I 1 EARLY REDEMPTION OF
      526 words
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      306 13 COMPAQ AND INTEL® ARE ACCELERATING THE NEXT GENERATION OF ENTERPRISE SERVERS BASED ON INTEL'S ITANIUM™ PROCESSOR FAMILY. The transfer of Compaq Alpha technology will enhance the future of the Itanium™ processor and will radically simplify the IT investment decision-making process. This removes any doubt about the industry-leading architecture for the
      306 words
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  • BIZ woman
    • Article
      Lock icon At work with the master
      677 14 Legendary designer Yves Saint Laurent may be a perfectionist, but courtesy and pleasantness reign in his salon AFP [PARIS] YVES Saint Laurent has loved this moment since he first started work at Dior before opening his own fashion house: the moment when the designs finally
      AFP  -  677 words
    • Article, Illustration
      Lock icon Dangerous pregnancy disorder on the rise
      587 14 NYT [NEW YORK] Terry Coffey was 27 weeks pregnant when she was admitted to the hospital for observation because her blood pressure had shot up and her obstetrician was worried that her life might be in danger. The diagnosis was preeclampsia, a disorder that
      NYT; FILE PHOTO  -  587 words
  • FINANCE
    • Article
      Lock icon Short-covering boosts STI futures
      260 14  -  OT Inde*/MSCI S'pore Index C K Lau Refco Singapore SINGAPORE stocks yesterday reversed its downtrend, despite poor economic data and the confirmation of a technical recession. The Straits Times Index gained 25.76 points, or 1.56 per cent, to close at 1,680.34, with 34 issues rising, six
      260 words
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      Lock icon Futures slide as stocks fall for 6th day
      228 14  -  MSCI Taiwan Index Daniel Wong Refco Singapore TAIWAN stocks fell for the sixth day yesterday after the government said exports in June declined for a fourth month and may not grow this year. The MSCI Taiwan Stock Index lost 1.34 points, or
      228 words
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      Lock icon CURRENCY REPORT
      206 14 Reuters London THE euro rose more than half a per cent to two-week highs against the US dollar and yen yesterday, helped by supportive comments from European officials, brighter German data this week and worries about Japan's banking sector. The yen also suffered against the US dollar, falling
      Reuters  -  206 words
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      Lock icon Untitled
      1255 14 nTTERBAMM CROSS RATES Jul 10 A$ CS —ifc faro FTt Dm HK$ ted it hpm Yew Wow M NZ$Pith Ptto S$ Bawd Sfr HT$ Baht Pound US$ Australia 0.777 4.238 0.596 1921 1.169 3.983 24.082 58.061 0.641 6.634 1.940 1253 32.659 27.039 0.938 4.182 0.911 17.704 23.224 0.362 0.5H Canada
      1,255 words
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      34 14 ©N M ROTHSCHILD SONS over 200 years of banking Tel: 65-535 9677 65-535 9100 Fax: 65-535 8713 4-y ii n' i i•« ir« t* j Email: treasury@rothschild.com.sg Call Rothschild Treasury Services today. website: www.nmrothschUd.com.sg
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      15 14 PROPERTIES The Straits Times Classified. |cat.sJ Classifications 402 568. Buy h. Sefl it. Fnd k.
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  • Page 14 Miscellaneous
    • Miscellaneous
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      282 14 CRYPTIC CROSSWORD P F i P I I 4 I P I F HHT~HF M M BT *9 HI U i U ■MP~i I —l i ACROSS covered (7) 1 Movable spanner (10) 5 Swallow feathers (4) 9 Courage needed on icy roads 6 Getting in range, perhaps (7) (4)
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  • WORLD news
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      Lock icon Eurozone ministers to speedup reforms
      378 15  -  From Shada Islam in Brussels WITH growth in the 12-member European currency zone slowing down to almost 2 per cent this year, eurogroup finance chiefs yesterday promised speedier structural economic reforms to boost bloc-wide recovery. "There is a decrease in growth to 2 to 2.5
      378 words
    • Article
      Lock icon BOJ not likely to heed calls for monetary easing
      640 15  -  Lack of new action will confnse financial markets, say analysts From Anthony Rowley in Tokyo THE Bank of Japan's Policy Board begins a two-day meeting tomorrow with few obvious signs that it is prepared to yield to calls for a looser
      640 words
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      Lock icon There's room for yen to go down
      602 15 TOKYO Fischer says Koizumi's reforms will hurt Asian economies AFP, NYT THE Bank of Japan should further ease monetary policy regardless of the resulting short term fall in the value of the yen, a leading International Monetary Fund (IMF) official said yesterday. "Expansionary
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      Lock icon Corporate Australia recovering, survey shows
      269 15 SYDNEY Reuters AUSTRALIAN business conditions and confidence kicked up sharply in June, suggesting Australian growth will outpace that of most members of the Organisation of Economic Cooperation and Development (OECD) this year, a leading survey showed yesterday. Corporate Australia seems to be finally feeling the
      Reuters  -  269 words
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      Lock icon Deutsche Bank in talks to control SeoulBank
      131 16 LONDON FT DEUTSCHE Bank is in talks to acquire a controlling stake in Seoulßank, the South Korean lender that was rescued by the government from bankruptcy and which is earmarked for merger into a new financial holding company. Deutsche has installed its own
      FT  -  131 words
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      Lock icon Lloyds TSB's bid for Abbey National blocked
      361 16 LONDON Regulators say bid would give UK's No 4 bank too big a share of British banking Bloomberg LLOYDS TSB Group Pic was blocked in its £18 billion (5546.6 billion) bid for Abbey National Pic by UK regulators, who said the purchase would
      Bloomberg  -  361 words
    • Article
      Lock icon SingTel, NTT eye stake in Korean cable network firm
      243 16 SEOUL Bloomberg, AFX-Asia SINGAPORE Telecom and Nippon Telegraph Telephone Corp both want to buy a controlling 30 per cent stake in cable network company PowerComm Corp, according to its parent company Korea Electric Power Corp yesterday. "The two companies are among
      Bloomberg,; AFX-Asia  -  243 words
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      Lock icon US wholesale inventories up in May as sales fall
      392 16 WASHINGTON Reuters, Bloomberg WHOLESALE inventories in the United States rose more in May than at any time in the last six months as sales fell, a sign that firms are struggling to keep stockpiles in line with sluggish demand, the government
      Reuters,; Bloomberg  -  392 words
    • Article, Illustration
      Lock icon The mystery of the missing intern
      735 16  -  LETTBUJJ.1..HJJ:U.IU.».1.1 The affair between an ambitious woman and a powerful politician has ignited media frenzy leon hadar SHE is a Washington intern, one of those thousands of young men and women, students or recent college graduates who flock each year to the US capital
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    Lock icon COMMODITIES
    1891 15 SICOM rmo«ES Jul 10 RUBBER (futures dosing as at 5.30pm) RSS1 CONTRACTUS cents/kg) Close Volume OpM Month High Low Sett (tomes) Interest Aug 01 112.25 Sep 01 112.50 Oct 01 112.75 Nov 01 ***** RSS 3 CONTRACT (US cents/kg) VoililM OpM Month High Low Sett (towns) Interest Aug 01
    1,891 words
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  • Article
    Lock icon STOCKS asia
    7519 16 HONG KONG Vol JullO HKS COOP) Across Asia Multimedia 1.80 unch 7000 Alpha General 0.04 unch ***** Amoy Prop 9.05 -0.05 1286 Ananda Wing On 0.15 unch 0 Angang New Steel H 1.41 0.07 ***** Anhui Conch H 2.08 0.13 4404 Anhui Expressway H 1.53 0.03 5801 Arcontech
    7,519 words
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  • e News
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      Lock icon More US employers monitoring workers' Net use
      343 17 WASHINGTON 35% of US employees are monitored; 27m out of 100 m are monitored worldwide Reuters MORE than one-third of US employees who browse the Web and use e-mail at work have their Internet use systematically monitored by their employers, a privacy group
      Reuters  -  343 words
    • Article
      Lock icon Corning, Alcatel announce severe cutbacks
      342 19 NEW YORK Measures include plant closures, 3,500 layoffs NYT CORNING Inc and Alcatel SA, two companies that had flourished in recent years making the building blocks of the communications industry, announced severe cutbacks on Monday, including plant closures, new layoffs totalling 3,500 workers, and, in
      NYT  -  342 words
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      511 17 Where to wine, dine and t jg^^l Bom in the USA! American Independence Day Food Festival, 29 June -14 July Treat your family and friends to a sumptuous Yankee feast at the Marriott and you could be one of the KlCky draw winners of a pair of air tickets to
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      39 17 T~[erve first-ever Father Son Fxtnch Cjastronomic Ftast J§C 11 to 22 July 2001 Reservations 831 6258/88 """IT ifh Mandarin U| Singapore I FW SC *S fcS v! 333 Orchard Road, Singapore *****7. j Tel: 737 4411 Fan: 732 2361
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  • Article
    Lock icon SGX clob
    2646 18 BONDS A WARRANTS JullO M «Mk rmm! I#T KM Lot 11 Or, ft* MCm tar Mk mm 10 In cmmt Mi Hr f998) gg U" M» M» (—Wl* PH» <%> U> 39.5 29 S ASTIW*****1 36.5 3.5 675 36.5 33 36 36.5 34 26.4 1 16 I 1)3
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      556 18 Smart with The Standard Chartered Smart Credit™ —I For just 85< a day for 6 months, you get: Vsßm :=:r A 6-month Subscription of The Business Times Standard Chartered Smart Credit™ Unlimited Golf for 1 Month f 4X [monthly salary] $g^>>, Worth a total of $840, you can now get
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  • Article
    Lock icon STOCKS sgx
    7939 19 SGXMAIWBOARD Gr Gr M MR S2-Wk List M Day Lact Oast* Dk Mr W M Cap Avg Wgfc Low Cowpany Sate (Ht) HI0i low lifer Mir CV Wt Swfc Wo MULTI-INDUSTRY 143 35 c AcmaSOc 40.5 *1.5 142 40.5 39 39.5 40.5 0.5 19.9 0.6 10.7 703 39
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  • FORMULA ONE
    • Article, Illustration
      Lock icon Sporting winners
      654 20  -  With its re-entry into Formula One in 1993, Mercedes-Benz found its way into the hearts of younger buyers via sporty numbers such as the SLK, CLK and Sports Coupe. CHRISTOPHER TAM highlights its life on the fast track CHRISTOPHER TAN CAR-MAKERS with bulging purses looking to add sex
      654 words
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      71 20 taSSS^B^^S I II 45 to 21 years old in 6.2 seconds. Mercedes-Benz The Mercedes-Benz E2OO Kompressor. 163 horsepower. Extra torque from a low 2,soorpm.The most impressive acceleration in its class.Your youth is just a quick drive away. The Future of the Automobile. Showroom: 239 Alexandra Road Tel: 298 1818 Sales
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      3 20 with X Mercedes-Ben/
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  • BT motoring
    • Article
      Lock icon COE prices stable despite high bids-to-quota ratios
      683 21  -  Notable movements only in Gat A (op $2,751), Gat C (up $1,303); COEs settle in $20,000-plns region By Christopher Tan DESPITE strong demand reflected by high bids-to-quota ratios, COE prices for the latest tender remained relatively flat. The only notable movements were in
      683 words
    • Article
      Lock icon 11 motor showrooms in Kampong Ubi up for sale
      354 21  -  By Christopher Tan A LINE-UP of 11 motor showrooms are up for sale at the Automobile Megamart in Kampong Übi. Ranging from 2,150 sq ft to 2,800 sq ft, the units are now occupied by various tenants, including three by Cycle
      354 words
    • BUMPER to BUMPER
      • Article
        Lock icon Peugeot-Citroen goes slow on fuel cells
        129 21 FRANCE'S PSA Peugeot-Citroen group believes fUel-cell vehicles are unlikely to be introduced before 2010* as "their cost, size and weight must be divided by five" before they can be viable. Unlike groups such as DaimlerChrysler and Toyota, which aim to launch fuel-cell cars by
        129 words
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        Lock icon Rover goes Extreme
        83 21 MG ROVER has unveiled another Extreme model. The MG ZT XPower 500 is powered by a supercharged 4.6-litre 500-horsepower V 8 strapped to a lightweight 1,600 kg body, giving it a mind-boggling 312-horsepower per tonne ratio. It accomplishes 0-100 kmh under five seconds and 0-160 kmh in
        83 words
      • Article
        Lock icon Go on holiday with Renault in Europe
        66 21  -  Compiled by Christopher Tan PLANNING a self-drive holiday in Europe? Check out Renault Eurodrive's rental programme. The manufacturer-affiliated group guarantees brand new cars, model of choice, full comprehensive insurance and no surcharges. Beyond a basic 17-day booking period, you get an extension of
        66 words
    • Article, Illustration
      Lock icon Peugeot 307 to spawn models across brands
      484 21  -  Sources say likely body styles include stationwagon and four-door sedan By Samuel Ee ONE platform, many cars. This has increasingly been the mantra of car makers around the globe as the new economics of mega-mergers and shareholder value drive home the importance of
      484 words
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      106 21 j u\ P ini n f^ n W P° rsc ifc R E 1 ife' r hhh^^u...^ _^J~- I 1 New Daewoo Tacuma 2.0 with Electronic TVaction Control. Fun and sporty, for those who love t a life filled with adventure. r^ U|4,|o" Come for a test drive now! Looks
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      90 22 r« mm m~ -0f^ '?v HBMft 9Mr fsiW09^i^ WKFSFJfi£& .•£SSL*ZI+' 1 wwJB& s^^/KKtr^' RwlillF Hp $%bd3£$&' s *SSS JfeLo Mi- n la|fly sjsjjsjs J»S18|I8^'jwfglplH v /i "^wp 1 1 hp Es? JF r lib Global One and Equant have united. Creating a new global leader in data, IP and e-business.
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  • PERSONAL investment
    • Article, Illustration
      Lock icon Sellers dominate as market weakens
      1134 23  -  INSIDE InTSn 35 El Capital offloads Datacraft despite company assurances, PNE insiders sell ont By Robert Halili The writer is the managing director of Asia Insider Ltd. He is assisted by Ngia Soon Chai in Singapore PROFIT warnings from global technology firms such as Marconi,
      Source: Asia Insider  -  1,134 words
    • Article
      Lock icon Bears everywhere; and that's no bull
      786 23  -  Here's a thought: bad news from around the world can and will hurt US markets, says KENNETH L FISHER KENNETH L FISHER YES. Events beyond the US affect the US market. Even in the 19th century, markets were more connected than is now commonly
      786 words
  • ASIAONE markets
    • Article, Illustration
      Lock icon Time to question the whole tech business model
      597 23  -  Valuations are crucial, and cash is king. Don't be misled by relative PEs By Russell Tan FOR a long time now, many tech companies have gotten away with providing qp financial return to shareholders. That was fine while The Greater Fool was
      597 words
    • Article
      Lock icon Why we like Chuan Hup, Popular, Willas-Array
      563 23 PORTFOLIO TRACKER THE Contrarian investing style will result inlnore turnover than our other portfolios as theme stocks roll in and out of favour. In June, our China plays regained favour suddenly, so we took profits on three and reinvested in other underrated stocks.
      563 words
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  • EXECUTIVE money
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      Lock icon Show me the cost numbers
      1716 24  -  YOUR MONEY Unit trust expenses which include all manner of fees are probably the biggest drain on performance. Yet few investors fully understand what the multi layers of costs will do to the value of their funds genevieve cua ATa recent bond investment fair, a
      1,716 words
    • Article
      Lock icon HSBC sees strong sales in capital-secured funds
      636 24  -  No load and no annual management fee are part of the attraction By Genevieve Cua MARKET volatility is pushing investors towards capital-secured or protected funds, but that's no flash in the pan, says Martin Spurling, HSBC Bank International's head of investments. The bank,
      636 words
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      76 24 JUME& fl| I LIFE LESS ORDINARY N T PLAY Wl THE STEREO j Take a look at the BeoSound 3000. If s the essence of music and magic. Just raise your hand and as the light comes on, the glass doors gently open. Watch the spinning compact disc that fills
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      271 25 Reuters THE Baltic Dry Index (BDI) dropped 11 points to 1,320, the Baltic Panamax Index (BPI) shed 15 to 1,325, the Baltic Handymax Index (BHI) fell 52 to 8,588 and the Baltic Capesize Index (BCI) was down 12 points to 1,680. TIME-CHARTER: ♦Mega Wisdom *****6000 dwt dely N
      Reuters  -  271 words
    • Article
      Lock icon MARITIME STOCKS
      303 25 sax 'ooo ■WW S$ ¥1 CWT Distribution 0.50 unch 0 Chuin Hup 0.33 0.01 796 Cosco Investment 0.22 unch 303 Freight Links 0.08 -0.01 75 GB Holdings 0.53 unch 0 IMC Holdings-HK 5.60 unch 0 Jaya Holdings 0.15 unch 581 Keppel Corp 3.54 0.08 2292 Keppel FELS 1.09
      303 words
    • Article
      Lock icon Soaring tanker orders fan fears of over-supply
      719 25  -  First-half orderbook np by 5.8 m dwt, with Aframax orders in the lead: report By Beth Jinks [SINGAPORE] Aframaxes are leading the pack in a big increase in tanker orders during the first half of 2001, prompting concerns of oversupply. The Aframax orderbook
      719 words
    • Article
      Lock icon Pan-United bags US$15m deal to design, build offshore vessel
      197 25  -  By Donald Urquhart [SINGAPORE] Singaporelisted Pan-United Corp Ltd announced yesterday that its subsidiary Pan-United Shipyard Pte Ltd has won a contract to design and build a 67 metre offshore vessel estimated to be worth US$l5 million. According to a Pan-United statement,
      197 words
    • PORT Shots
      • Article
        Lock icon Dubai Ports wants to end Beirut deal
        81 25 AFP [BEIRUT] The Dubai Ports Authority asked for the termination of the US$2OO-million contract it signed three years ago to run Beirut's container terminal, a Lebanese government source said. "The Dubai Ports Authority last week sent Lebanese Public Works Minister Najib Mikati a
        AFP  -  81 words
      • Article
        Lock icon Marseilles seeks closer ties with China
        92 25 Xinhua [SHANGHAI] The port of Marseilles, France's largest port, is seeking to expand its cooperation with China. Jacques Truau, head of the Marseilles Port Authority, in his recent visit to Shanghai, described China as a country with a robust and booming economy. He said
        Xinhua  -  92 words
      • Article
        Lock icon Another Supercat ferry incident
        55 25 [SINGAPORE] A Supercat ferry in Sydney was damaged and three passengers were injured after it went out of control and hit a wall during approach to Similar Quay last week. The accident happened while authorities prepare to release a report on a series of incidents involving
        55 words
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        Lock icon APL adds to trans-Atlantic service
        62 25 [SINGAPORE] Neptune Orient Lines (NOL) container arm APL will add Central America and the Caribbean to its trans-Atlantic service from this month. European customers will be offered the calls, incorporated into APL's three trans-Atlantic services, directly connecting Felixstowe, Bremerhaven, Rotterdam and Le Havre to major
        62 words
    • SHIPPING news
      • Article, Illustration
        Lock icon ITF study can be modified to rate flag state performance
        988 26  -  By Seafarer SO what are we to make of this new study which ranks flag states according to how well they enact and enforce maritime legislation? First of all, we don't need to get too concerned about Hongkong scoring a
        FILE PHOTO  -  988 words
      • Article
        Lock icon Oil tankers may face safely inspection overhaul
        252 26  -  STRAIT TALK By Beth Jinks [SINGAPORE] Tanker inspections may be radically overhauled in the interests of safety and efficiency, according to International Maritime Organisation (IMO) secretary general Bill O'Neil. Speaking to Reuters following high level meetings between oil industry officials last week, Mr
        252 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      279 26 PAGE Ahrenkiel 10 Appenship S Assets 5 Austral 6 Avant 10 B'tang Mas 6 BSA 7 BTL 10 Balaji 4 Batamindo 9 Bayswater 10 CCNI 7 CMACGM 3 COSCO 3 ft Central Ex 6 Chahaya 10 China Shpg 5 Confer 10 Colony Log S ft Cougar 7
      279 words
    • Article
      Lock icon SHIPPING GUIDE
      10709 32 THEBUSINESSTIMES page 8 EXPORT WEDNESDAY, JULY 11, 2001 ETA ETA Advertiser Vrss*l Voyage Telephone I SIN Dest'n Name Name Number Number 2 To ABIDJAN (ABJ) 2003 Cot* D'I voire 2 B/07 08/08 MOL MOL MONO 9002A 65-*****86 i N/07 28/08 COSCO EXPRESS PHOENIX 0105W 65-*****00 22/07 27/07 Delmas
      10,709 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        770 35 Vessel Voy No Berth Arrival Departun Aug Triumph n *J04 10/07/010 W/07/I6JO C Progress 07-0ct J09 10/07/8:15 10/07/16:00 Winstar 8 061S01 J03 10/07/8:35 8/07/224)0 Bt 8 Putra 10-Jul J01 10/07/9:30 10/07/14:00 BtPTHor ***** JOl 10/07/830 10/07/234X) Alfa Kencana 01-Jul J1S 10/07/9:30 D/07/6J0 Standard 2 113 J15 10/07/10:20 Tl/07/6
        770 words
      • Article
        Lock icon CONTAINER SCHEDULES
        2002 35 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booklng/Manct Rstts Ship Voy No Etl»/Btr Ptriod Frw To Frow ta com* «n» ivd-oo ot/rsoo sm-oo 2A 01/1700 n/0659 n/0900 2( 09/1700 10/0659 10/0900 3 10/0700 10/1159 10/1400 4 >0/1200 10/1459 10/1700 AC* rM.COM 0171 12/23:59 M/BOO 09/1659 S«f00 2A
        2,002 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        203 35 July 11 France: National Day Belgium: Flemish Community JoljrM France: National Day July 17 South Korea: Constitution Day July 20 Japan: Marine Day July 21 Belgium: National Day August 1 Switzerland: National Day AngnstO Singapore: National Day South Africa: National Women's Day August 12 Thailand: HM The Queen's
        203 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        739 35 THIS report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem. Market movements are indi cated. The Cockett Bunker Price Index change and the
        739 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        509 35 Carton 180 Max 993.4 0.5 15.6 0.08 31 0.04 M 05 Density Water Residue Ask Aluminium SiMmmt No above E2S 10 10 0 0 %M/M 380 Ave 985J 02 13.8 0.06 21 0.02 Ium 380 Mai 990.7 0.7 17.9 0.10 40 0.04 »WW3 %ifi %M/M mi
        509 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon New pay package to cost HK$200m a year
        663 36  -  CATHAY PILOTS' INDUSTRIAL ACTION HE carrier says it can cope with whatever course of action pilots take From Audrey Tan in Hong Kong CATHAY Pacific Airways said yesterday that the new pay package it offered its pilots will cost the company more
        REUTERS  -  663 words
      • Article, Illustration
        Lock icon Thai Air to name new president by end-Sept
        276 36 Bloomberg [BANGKOK] Thai Airways International said it will name a new president by Sept 30, a year before the current chiefs term expires. Thai Air president Bhisit Kuslasayanon is to retire in September 2002, when he reaches the airline's mandatory retirement age.
        Bloomberg  -  276 words
      • Article
        Lock icon Bombardier wins US$1.68b Northwest plane contract
        401 36 Pl&nemaker beats rival Embr&er with govt help Bloomberg [TORONTO] Bombardier Inc, the biggest maker of regional jetliners, won an order for 75 44-seat jet aircraft from Northwest Airlines Corp valued at US$l.6B billion, beating Brazilian rival Embraer with Canadian government help. Canada's government agreed
        Bloomberg  -  401 words
      • Article
        Lock icon Alitalia holding talks with Air France, Delta on alliance
        470 36 Accords may lead Italian carrier to join Sky Team Bloomberg [ROME] Alitalia SpA said it agreed to hold exclusive talks with Air France and Delta Air Lines on partnerships that could help its profitability and give its passengers easier access to
        Bloomberg  -  470 words
      • Article
        Lock icon Revamped, profitable Air China seen as attractive to investors
        765 36 Its stock listing will draw interest due to China's booming air traffic Reuters [HONG KONG] A stock offering by Air China win attract strong investor interest if the Chinese flag carrier is successful restructured into a profitable concern, fund managers and
        Reuters  -  765 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1821 36 OTT fUOff tK FUQff Of M*M4t AN8230 *50 IH6381 1850 soap wao tintlrtH S023 0435 KL838 2255 6A979 0955 S0328 2325 BUT MB W—In WO QI38 AaCklaM ****** 2045 ****** 2045 tarn ax5 soaa torn mtnm vm am tmmm mxmt mo m/tmr oras iiwlhiww 8)4425 0300
        1,821 words
  • Page 25 Advertisements
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      Lock icon Page 25 Advertisements Column 1
      247 25 25 September 2001 Westin Stamford Westin Plaza Hotel (Padang Room) Organised by: Advised by: Managed by: /T\ STEAC I Seafarers Training Education 111 r ZZLZISXZrZZ Advisory Committee (STEAC) TTCITVIIIIiV m m SUM* SMEF Eapbfar* Federative MA T 1 "W tTTI L I E Nepftjw Sixjxntnagtfnent u» snip MMpw rnonoSlMi MxH
      247 words
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      Lock icon Page 25 Advertisements Column 2
      202 25 Strait Talk: ITF study can be modified to be used as guide to flag state performance Pg2 New Cathay pilot pay package to cost HKs2oom a year BackPg (Ml tankers mayface safety inspection overhaul, Page 2 w :y fWWP- -p* >""" Asia Pacific IVlaritime The Premier Maritime Event v X*
      202 words
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      Lock icon Page 26 Advertisements Column 1
      781 26 I TO USA/CANADA I I EXPORT I I OTHER DESTINATIONS I vpsa vor I pkg leta«nl long mod pauas Houston |mmf«s lorcagqlnew TOBK TO AUSTRALIA (AUSTRALIA ASIA EXPRESS) OOCL CALIFORNIA 55E78 10/07 11/07 27/07 31/07 01/08 01/08 01/08 04/08 —I P— 00G ME* YORK ISE29 17/07 18/07 03/08 07/08 08/08
      781 words
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      Lock icon Page 26 Advertisements Column 2
      733 26 Lines services represented by Members of the Registry of Members of the A oo dipping Agents, S,ngap re Lo9 ShCS Vi» 2/ Singapore Shipping Association Association ULY UNE MALE I VESSEL VOY TEW TETA ETA P. KLANG SPORE MALE Empress Lily VO6Ol 24/07 25/07 02/08 Princess Lily VO6Ol 10/08 11/08
      733 words
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      1392 27 TO EUROPE FROM EUROPE IVESSEL VOY SIN RTM AMR HAW BRV SOU LtH IviSSa VOY I RIM WHW BRV SOU L» SW API SPINEL 102W 12/07 04/08 02/01 30/07 01/08 Aft GARNET 1031 21/06 22/06 11/06 13/07 HOI ADVANTAGE 003W 13/07 30/07 01/08 03/08 04/08 HYMffEMSKE 3011 22/06 2S/06 27/06
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      Lock icon Page 27 Advertisements Column 2
      1878 27 TO ADM} 1/1: 10 BAYS J IiMAN 1/1: 12 DAYS I W AQABA T/T tl5 DAYS J GENERA! AGENTS M SINGAPORE: 80 ROBINSON RD #12-00 SALES/BKGS TEL *****57/43 FAX: *****21/71 MALAYSIA OFFICE PASIR GUDANG TEL 07-*****66 FAX: 07-*****70 COfTAR SMIPPIN6 PTC LTD SINGAPORE *****8 OUTWARD (l/U *****02 *****25/75 PORTKLANG 03-*****633
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      512 27 VBSa VOY SIN PKG VOY SIN HKG KEL USN PUS INC *BSO VOY SIN JKT SUB TT: KMTC ULSAN lflfi 1M IiZQZ IiZBZ atltaSMl IWS 12/117 28/07 KMTCSINGAPORE 107S 1M 15/07 KMTCSMGtfOK 107S IVO7 20/07 22/07 24/07 25/07 21/07 IMZ IMZ DORIS WUlff 107S U/07 U/07 20/07 aquiac o?7» m/
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      1033 28 SENATOR LINES TOiUtOM TOWBDUtASr/KAK/liaSl* w«t VOT si 184 RTM AM HAM Mtv FU IvESSEI VOT SM Df Dil l*D M nauAtsauiM ooitw 10.07 27.07 ».o; 30.0; 31.07 01.01 ouw aifamhm ootsw 14.07 ju? ~lur itTi iroT" TtAOf TISU 0004W 1107 04.01 05.01 OZOt OXO* 05.01 AIAKAU 00ISW 21 07 2M7
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      783 28 SSASI Kow^pimsl MV/\«* J qWHPHlliramil BBHJ:(084)*****8 MAMLA: (632)*****24 I W PENANO; (04) *****36 BANGKOK: (882) *****57 SURABAYA: (31) *****11 P- KELANQ: (88) *****77 JKIi gl) *****46 KUCHBIQ (082) *****1-3 ADELAIDE 1 HAMBURG. ROTTERPAHL LEHAVBE MV "MH THAMRIN" V.YMHO39 T ETA SIN: 16-07-2001 EVER DELUXE V.0946RW-021 ETA SIN: 16-07-2001 NA6OYA NHAVA
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      511 28 WEEKLY EXPRESS SAILING SCHEDULE WESTBOUND TO: COLOMBO NHAVA SHEVA (CFS MULUND. MUMBAI) ALSO ACCEPTING TO ALL NORTHERN ANO WESTERN ICO POINTS vBSBMMt Ivor k'POK coiomml n. shcval connecting Iconnkting < VSL-USA VSI-RWOPt KOIAPfWASA VPKIO3 16 JUL 21 JUL 26 JUL INDAMEX NHAVA MING COMFORT SHEVA VII3O V? 0 nuns OIK
      511 words
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      1465 29 [VESSEL VOY KHH HKG SIW I PKL DXB I BAB DMM —TMK IRAN ISFAHAN PCL-215 10/07 11/07 14/07 15/07 22/07 23/07 25/07 27/07 IRAN HORMOZGAN PCL-216 17/07 18/07 21/07 22/07 29/07 30/07 01/08 03/08 IRAN TEHRAN PCL-217 24/07 25/07 28/07 29/07 05/08 06/08 08/08 10/08 IRAN TABATABAEI PCL-218 31/07 01/08
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      472 29 I Loading for Zl YUN SHAN RDM/ATW/BMNAJK/LPL NAZLIG RDM/ATW/BMN/UK/LPL Loads Singapore, E7W. Malaysia, Indonesia I Loading for KOUROS V DBI/ABU/DOH/BRN/DMM/KWT BALAJI VINTAGE JOH/AQA RAINIER DBVABU/DOH/BRH'DMM/KWT PISCES EXPLORER JOH/AQA/DMT AEGEAN SEA DBVABU/DOH/BRN/DMM/KWT ALQAWIYYU JOH/AQA toads Singapore, EVW. Malaysia, Indonesia I Loading for BEATANAVIS CAM/NFK/SAV/NOL GEMOFTUTICORW MZL/LAX/VCW/VCB CUO PACIFIC MZL/LAX/VCW "Loads E7W.
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      1328 29 HONGKONG/ SHANGHAI/ XINGANG/ QIHGPAO lAMGKOK/MAP TA PHUT/LAIM CHAIANG VESSEL VOT SM HKG SNA XGG TAO VESS& I VOT I SO I m I WP I Iflt JITRA RHUM NOl7 "WO? U?O7 fijj ***** 23/07" &jj MZ. lj/QZ LZZfIZ_ mm mi IMZ 21/OL_M<_jzzoz__M7_ *SDO m —MTOT HHARHUM NOI7 73/07 70/07 31/07
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      585 30 |ASIA-MBDHBMANIANIXPKiSS(AAAH-WtSIBOUNDSB>yiCi|i VESSEL VOY SIN WE I Sft I LtH I FIT AM MStGIHA QI2ZS ILDUL ZUlii 2UIII QOUfi A2M MM 1 MSCALOA QI2SK ILIIU, SIM Q2M Q&M IAM 11M MSCRAfAEU Q1228 2LUII QZM Q£M liM UM liM 1 jCRKINA *****1 31 JUL 13 AUG ISAUG IIAUS 23 AUG Ukti I
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      515 30 ill I SINGAPORE PTE LTD I 15 McCallum Street #03-01/02 Natwest Centre Singapore *****5 I Tel: (65) *****73 Fax: (65) *****66 Email: general@ecusin.eculine.net Website: httpyAvww.eculine.net I Johore Bahru Office Tel: (07) *****18 Fax: (07) *****62 PROUDLY INTRODUCING OUR NEW DIRECT SERVICES TO I CHICAGO I HOUSTON I SEATTLE I NO
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      490 30 INDONESIA NATIONAL LINE TO AUSTRALIA "1 FULL COfffAINER SERVICE va VOY KG aw W iffi B M> M B POTSDAM US OMR IS/07 25/07 27/07 29/07 01/08 nti ran ios" 17/0711/07 24/07 »/07 01/o« o«/o« raWMSMK TIT a/0724/07 03/01 OS/Ot 07/06 10/01 *fii*orr 40s >0/07 31/07 06/06 12/0* u/oe 17/06
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      418 31 i BSA n. M MYANMA WBk FIVE STAR UNE (Myanmar National Line) Loading lor Yaagoa vissa voy sim m m nii MONG LA 45W SID HPA-AN 2S9W SU> MALAYSIA AGENTS: IOUSIEAD SMfPMG AGENCIES KIN: TU 03-*****300 PKL TU 03-*****101 POt m 04-2****** PGU: TH 07-*****21/4 BANK LINE (A strvkt Andrvw
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      1173 31 HMN^ HYUNDAIMERCHANT MARIN E CO/ITPivESsa voy MIT sou I ibi 1 rib ant hab Mtv (VBSH I VOY I SOU I 1»1 RIB ant ibb orv T1 BOLBAA3 544 Wo*/07 27/07 21/07 22/07 24/07 ®J/07 07/07 05/07 27/07 NYIBERTY 38MV 09/07 31/07 25/07 2*/07 21/07 APIGBBANY 101E l*/07 14/07 12/07
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      980 31 vtfw WALLENIUS WILHELMSEN 10 NORTH AND LATIN AMERICA 'OR RORO HtAVYUFT SIRVKt' Ivissn VOY KAMf HEIGHT SIN UC* MAO MIA SAV lAL I OKF I NYC NtW MOT" TAIKO AHII4 4001 MS UM 13/07 IS/08 21/08 23/08 2S/08 26/08 28/08 01/09 03/09 TOURCOMG AMDS 4001 MS 6.3 M 29/07 03/09
      980 words
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      809 33 lAL LOGISTICS PTE LTD KE9HHH| 80 Robinson Road #22-01 A Singapore *****8 »]T|YfJi I |T^B Tel: (65) 223 8380 Fax: (65) 223 8387 L a J SASIA EXPRESS LINES I II SINGAPORE AGENT: JARDINE UNER SUPPORT SERVICES VESSEt VOY SINGAPORE PASM GUPAMG PORYKEUNG PBUWG MAMAUS GRACHY 07/01 26/07/2001 27/07/2001 28/07/2001
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      239 33 lin ENG LEI SHIPPING CO PTE LTD I I W: *****22 (10 Umc) FM: *****31/*****60 ate WMWOWOC I vosa vor sin eta sin nro destination Union Star 22 07/01 09/07 10/07 Surabaya/U Pandon Ungul Joyo 06/01 10/07 12/07 PRW/TO Dm Dmo 07/01 11/07 11/07 Duma/P. Bau/Boaton Union Slor 32 08/01
      239 words
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      566 34 IVESSE^^^vo^^SI^^ISA^^SI^I MILDBURG 10N/01 13-14/07 20-24/07 29-30/07 I TIGER SPEED 905N 18-19/07 24-28W7 01-02/08 I TIGER BRIDGE 904N 19-20/07 24-30/07 04-05/08 I CAPECHARLES 13N/01 19-20/07 24-29/07 I TIGER METRO 906N 22-23/07 28-31/07 04-04/08 I TIGER RHYTHM 907N 26-27/07 01-04/08 09-10/08 IVESSE^^^VO^^SI^^^CA^^SI^^I XPRESS SPORE 320 16-17/07 23-25/07 02-03/08 I XPRESS PADMA 408
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      814 34 FREIGHT LINKS EXPRESS PTE LTD 51 Penjuru Road, 3rd Level, Freight Links Express Logisticentre, Singapore *****3 Tel: *****11 Fax: *****77 E-mail: flesin@singnet.com.sg Introducing VALENCIA MEDITERRANEAN ISTANBUL BARCELONA DIRECT SERVICE ALEXANDRIA GENOA Booking 267# 5565/4694/5535/5539/5541/5553/5569/5579/5562/5563 LOGISTICS'* WAREHOUSING SERyi^Er^UIRY CONTACT: EDWARD 9672 9979, VINCENT SEE 9678 5760, RAYMOND 9748 3496, ISAAC NG
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      34 34 223 KMS LOGISTICS (S) PTE LTD AIR SEA SERVICES TO/FROM: MANILA HONG KONG/SHENZEN/ KEELUNG SHANGHAI EUROPE/USA Head Office Tel: 272 7977 Fax: 272 4881 Email: kmslog@pacific.net.sg drport Office: Tel: 542 2089 Fax: 542 2631
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      1030 34 fb IPDZ LINES Mw CUSTOM®savKt TEL-02-221-5596 FAX:O2-227-1190 I SWGAPORE: TON 6 JOO SHPPMG PTE lIP fa- I GIHUAT 211* 09/07 GISENG ***** 10/07 GISWIi ***** 10/07 GISWEI ***** 10/07 GISING 212*2 10/07 SHINUNEI 2111 15/07 GILIAN 2120 14/07 GIUAN 2120 14/07 mitt 2117 15/07 GIStWG ***** 18/07 GUOO ***** 16/07
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  • Page 35 Miscellaneous
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      127 35 JSSi%^s=^_- 2 C^^>-.^> —...%'A/, J&% 123E~~^^fe:J legend Issued by Meteorological Service Singapore K Thunderstorm •l Showers Temperature °Cp/ Wind direction and speed in knots Hain Weather Cloudy Day c><3 Hazy Sea Conditions Wind speed symbols t 1 slight. < 1.2 m O Full circle w/o line indicates calm or light
      127 words
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