The Business Times, 13 August 2001

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Microfilm: NL23107
Total Pages: 38
1 38 The Business Times
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  • Title Section
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    16 1 THE BUSINESS TIMES MiTA (P) 107/03/2001 t < Inteinet: http://business-times.asial .com.sg/ SINGAPORE MONDAY. AUGUST 13, 2001 85*
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  • Article
    Lock icon MARKET SUMMARY
    55 1 STOCK H1BKET INDICES Week CteBfl* sn uuiM -7jc SDBCironBE—1MJ». 4M BT-SH 4S7A1 +1U1 KLSECOMP MM -1L1» NIKKEI 4MMI BANG8B4Q J 1.76W1 4W7 SET INDEX ***** -M8 JAKABTA COMP—436J7 MANILA OOXP—UMS MM TAJfHWPI 4.47UI 4177 SEOUL COMP WJ4 -11* SHENZHEN B I7U 4« AUSTALLOHD_JJ4JJt AM DOW JONES lMlltt MM
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  • Article
    Lock icon FINANCE
    77 1 FOBS! uns US* ss U5* (81 par 08$) L7M £(CSS/SSprf) L421 tm EUB0(C8*S*E)_tJ* 1MB DM till U47 YEN UU MlM KM UN 1144 HK» 7JM 1441 BABT 4UI 2171 KJF1AH «44» UN •SS to tOO units FUME KATES SINGAPORE* 5J0 KUALA LUMPUR 7.67 JAKARTA SMI BANGKOK I.M MANILA ll.M
    77 words
  • Article
    Lock icon Formula to cut ministers' pay when economy is down
    456 1 Boon Hengsays top civil servants would eventually take cuts dnring bad times [SINGAPORE] Ministers and senior civil servants would eventually take pay cuts like anybody else during bad economic times, said labour chief Lim Boon Heng yesterday, who also predicted this
    456 words
  • Article, Illustration
    Lock icon Oversupply, low rates hit Geylang hotels hard
    686 1  -  Several hotel owners in liquidation or placed under judicial management By Kalpana Rashiwala [SINGAPORE] The hotel and boarding house market in the Geylang area is buckling under the weight of oversupply and low room rates with several owners put under judicial management or
    ARTHUR LEE  -  686 words
  • Article
    Lock icon Pegging GE to economic mood a difficult task this time round
    974 1  -  By Anna Teo [SINGAPORE] Going by the forecasts of economists at two Singapore universities, the Singapore economy will see a strong rebound next year after a full-blown recession this year. So "should" Prime Minister Goh Chok Tong call a
    974 words
  • Article
    Lock icon Taipei on edge over fears of bank run today
    419 1 Govt tries to calm depositors; puts NTs6ob on standby AFP [TAIPEI] Authorities in Taiwan have vowed to prevent a panic run on the country's banks amid moves to overhaul 36 troubled financial institutions in the island's biggest ever banking reform, officials
    AFP  -  419 words
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      90 1 Top storiM Why no US recovery after 6 Fed rate cuts? NtJrt Page ■HIH. p b m Hammer crashes on Day 2 of Brunei's mammoth royal auction. Next Page Creating value in M&As. Pg 3 Creative Technology looks to Xmas for sales boost Pg 3 BUT Why Application service providers
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      19 1 t Back Page BT Comment J r a.... Betting on rebound in red chips Investor psychology biggest stumbling block
      19 words
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      363 1 Our S$ loans will go a long way for you Save thousands of dollars in loan instalments on your overseas property through our low cost S$ financing package. If you are looking to secure financing or re-financing for a residential property in Great Britain, Australia, Canada, New Zealand or U.SA,
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      6 1 Taiwan preasarea foreign investors, Next Page
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  • NEXT page
    • Article
      Lock icon Why no US recovery after 6 Fed rate cuts?
      970 2  -  Economic conditions are in fact looking worse with consumer spending slowing From Andrew Marks in New York ECONOMISTS wonder why the Fed's rate cuts aren't reviving the economy. Alan Greenspan and the Federal Reserve's interest rate policymaking committee have cut short-term
      970 words
    • Article
      Lock icon Taiwan leans on foreign investors to halt shares sell-off
      551 2  -  Measures expected to affect island's MSCI weighting From Macabe Keliher in Taipei AS Taiwan's stock market wallows near historical lows, the government, in a sign of desperation, is turning up the heat on foreign investors who continue to sell out of
      551 words
    • Article, Illustration
      Lock icon Good prices seen at Brunei royal auction on 2nd day
      443 2 Mottf MSSil—i ifciii since last Saturday have beta sold, uy uctira Buuttin AFP, AP (BANDAR SERI BEGAWAN] The auction eer's hammer crashed down for the second day yesterday in the marathon sale of about 10,000 items belonging to the extravagant
      AFP,; AP; REUTERS  -  443 words
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      75 2 DANIEL ROTH sr "Premier" Exclusive Daniel Roth module. dragging retrograde hour hand advances 210° to return instantly to its point of departure before continuing its course. fyOANlf, MALAYSIA THE HOUR CLASS Lot 10 Shopping Centre K 1 J* J Lt Cl Lumpur Tel 03-244 1620 Suna Kuala Lumpur Hotel Arcade
      75 words
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      171 3 &^HFyi^pr Get your foreign friends to switch to Sing Tel Mobile network when they roam with their mobile phones in Singapore. That way, you enjoy savings of up to 89%* when you call them using Local Direct Dial (LOD). Whaf s more, because calls made between you and your foreign
      171 words
  • SINGAPORE companies
    • Article, Illustration
      Lock icon Creating value in M&As
      1412 3  -  Understanding the key types of strategic rationale for acquisition is the first step towards success By Till Vestring,Mike Booker CURRENT mergers and acquisitions (M&A) transactions under discussion in Singapore are worth a staggering $60 billion exceeding the total value of transactions completed during the past five
      FILE PHOTO  -  1,412 words
    • Article
      Lock icon Half-time score
      106 3 As at Friday, 56 SGX-listed companies had released their financial results for the half year ended June 30, 2001. Together they recorded $3297.9m in group earnings, a loss of 1.1* over 2000. The total included 8 foreign companies listed here. If they were excluded, total earnings would be
      106 words
    • Article
      Lock icon Creative looks to Christmas for sales boost
      450 5 It aims to refocns on core audio business, target upgrade market AFP CREATIVE Technology, which transformed millions of computers worldwide into entertainment centres, is banking on Christmas and consumers' insatiable appetite for music, games and movies to weather the current downturn. Creative's chairman
      AFP  -  450 words
    • Article
      Lock icon Indofood calls off Golden Agri stake purchase
      269 5 INDOFOOD has called off its plans to buy a 30 per cent stake in palm oil plantation giant Golden Agri-Resources for U5597.6 million (*****.8 million) by allowing an option agreement to lapse. Indofood, which is controlled by the Salim group, was to have
      269 words
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Untitled
      1162 4 Source: JM Sa Gotten Agri USIOc 49,159,000 Autron *****.000 ParkwayH25c 32,506,000 Asia Food&Prap *****.000 SingTel 15c 31,806,000 Fu Yu Mfg 10c .28,211,000 Chart Semiconductor 26c 27,182,000 JKYaming20c 24,891,000 K1 Venturas 10c 23,920,000 Unffood HK25C 23,274,000 Stocks OUB 193^29,710 UOB 141,300,871 Chart Semiconductor 28c *****8,586 DBSGrp 83.464,416 0C8C i 63,644,718 SingTel
      Source: JM Sa  -  1,162 words
    • Article, Illustration
      Lock icon Investor psychology biggest stumbling block for market
      681 4  -  l i comment STOCKS r. sivanithy INVESTOR psychology is a funny thing. The herd instinct for instance, can lead to stocks doubling and tripling in a short space of time. The same instinct can also break a stock and send it crashing out
      681 words
    • Article, Illustration
      Lock icon Commerce Asset wrt: good numbers but time factor a worry
      170 4  -  WARRANT WATCH By R Sivanithy SALOMON Smith Barney last Friday recommended investors look to Malaysia for the next three months for superior returns. One reason for this is that Malaysia is not so heavily exposed to technology and so may
      170 words
    • Article, Illustration
      Lock icon Datacraft: further weakness indicated
      235 4  -  HOT STOCK By Wong Wei Kong SHARES of Datacraft Asia fell sharply last Friday, ahead of its results announcement this week. The stock closed down 10 cents at U553.66, after opening at US$3.7O. It hit a day low of US$3.6O and a high of U553.72. Volume
      235 words
    • Article
      Lock icon Market Notices
      104 4 ♦CHEVALIER Singapore Holdings will hold its AGM on Aug 24 at 10.00am, Balmoral Hall m(Basement), Pinetree Town Country Club, 30 Stevens Road. ♦NORTH 22 Technology Services Group will hold its AGM on Aug 23, at 2.30pm, TDB Room, The Fullerton Hotel, 1 Fullerton Square. ♦COMFORT Group will go
      104 words
    • Article
      Lock icon Yen boosts Asian units with steady run against US$
      535 4 AFP [HONG KONG] The Japanese yen continued its steady return against the US dollar last week, giving a welcome boost to currencies throughout the region. The Taiwanese dollar, the South Korean won, the Thai baht and the Philippine peso all rallied
      AFP  -  535 words
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      1074 5 An Exclusive Package Just For You. Be our So/mate for only US$ 115++* and enjoy a world of privileges such as 24 hour use of our Royal Service Lounge, late check-out until midnight and 24 hour cocktails and hors d'oeuvre. Other perks include free use of meeting rooms on the
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      36 5 I I Lianhe Zaobao I I Gap in I I condo prices I I in prime and I I non-prime I I areas I I widens I I nil fin*L I jff H9 »1 1j; MM111
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      378 5 Monthly rental from $950. Your Financial Controller Saving costs doesnt necessarily mean cutting down on the is SMILING. good things. Even with Budget's low monthly rates, you still o*l your choice of brand new modal and even your favourite colours, plus, of course, service at its best. Proton VWra (Mitting
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  • SINGAPORE news
    • Article, Illustration
      Lock icon UK firms keen to tie up with S'pore in e-commerce
      443 6  -  We can learn from each other, says head of Confederation of British Industries By Eugene Low BRITISH companies are keen to boost cooperation with their Singapore counterparts in the area of electronic commerce, said the head of one of the
      ARTHUR LEE  -  443 words
    • Article
      Lock icon Beach Corner goes under the hammer, Geylang site for sale
      320 6  -  By Vince Chong A COMMERCIAL building on Beach Road will be up for mortgagee sale by auction on Aug 23 while a site in the Geylang area, zoned for civic and community institution use, has been put up for sale
      320 words
    • Article
      Lock icon Industrial slump seen worsening
      395 6 MORE negative news on the macro front can be expected in the second half of the year as the manufacturing slump worsens, according to forecasts by SG Securities. The broking Firm sees industrial output contracting by around 12 per cent in each of the last two
      395 words
    • Article
      Lock icon SGX's Links Island solution is unfair
      375 6  -  MMLrm Tan Hong Meng Singapore I REFER to the Singapore Exchange's solution for all outstanding trades of Links Island shares done from Aug 14 to 16,2000.1 find its "Fair Settlement Price" solution incredulous. On Aug 15,2000,1 sold four lots of the counter I had
      375 words
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      212 6 With this barcode, only you can read between the lines raili i The key to the price of a tin of baked beans? <>i lhe kc\ !«> the location ol .1 lu;jlil\ conlulcnii.il icpoit I Ins modest haicodc can lv a powcrlul aucnt aii.unsl document lliclt nil mloiillation last heconiimj
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  • REGIONAL news
    • Article, Illustration
      Lock icon Betting on a rebound in red chips
      870 7  -  HK STOCKS China wants to deflate stock bubble, not kill the market audrey tan NOW that the Hang Seng Index has fallen below the 12,000 level, making Hong Kong the worst-performing market in Asia this year, China stocks that will gain from its
      870 words
    • Article
      Lock icon Trading curbs imposed on Ho Wah shares
      226 7 KUALA LUMPUR Bloomberg MALAYSIA'S stock exchange has imposed trading curbs on Ho Wah Genting Bhd shares after the price of the company's warrants almost tripled in two weeks. Investors will have to make full payment before buying Ho Wah shares and warrants, and
      Bloomberg  -  226 words
    • Article
      Lock icon M'sian brokers told to speedup merger
      307 7 KUALA LUMPUR AFP THE securities regulator has urged Malaysia's 66 stockbrokers to speed up plans to merge into IS groups, warning they risk being left behind by market liberalisation. Forty-five firms were now in various stages of consolidation but 21 had not submitted any
      AFP  -  307 words
    • LATE Briefs
      • Article
        Lock icon Lee Teng-hui splits with Nationalists
        78 8 AP [TAIPEI] Taiwan's former president made a clear split from the Nationalist Party he led for 12 years, standing on stage yesterday with candidates of a new rival party and pumping his fist in the air as he cheered for the politicians. The outspoken Lee
        AP  -  78 words
      • Article
        Lock icon Anwar urges supporters to keep up fight
        63 8 Reuters [KUALA LUMPUR] Former Malaysian deputy prime minister Anwar Ibrahim urged his supporters yesterday to keep up the fight for political reform in Malaysia as police stopped hundreds of people from gathering outside his prison to celebrate his birthday. Anwar turned 54 last
        Reuters  -  63 words
      • Article
        Lock icon Howard in Jakarta to meet Megawati
        53 8 AFP [JAKARTA] Australian Prime Minister John Howard arrived in Indonesia yesterday for talks with new President Megawati Sukarnoputri after pledging to strengthen the fragile ties between the two neighbours. Mr Howard is the first foreign leader to meet Ms Megawati since she replaced the
        AFP  -  53 words
      • Article
        Lock icon Ibra lilts revenue target to 29.6t rupiah
        90 8 Reuters [JAKARTA] Indonesia's powerful Bank Restructuring Agency (Ibra) said yesterday that it had increased its revenue target for asset sales in 2001 to 29.56 trillion rupiah (555.68 billion) from 27 trillion rupiah. Ibra said in a statement it expected to raise 10.5 trillion
        Reuters  -  90 words
      • Article
        Lock icon Vajpayee, coalition slip in opinion polls
        76 8 Reuters [NEW DELHI] Indian Prime Minister Atal Behari Vajpayee's personal popularity ratings have dropped and his grand coalition has slipped behind the main opposition and its allies, an opinion poll said yesterday. And Mr Vajpayee's disparate coalition, which has limped from crisis to crisis
        Reuters  -  76 words
    • Article, Illustration
      Lock icon Peso rebound expected to continue: central bank
      404 8 MANILA Speculators have been driven out of the market after punitive measures bank governor AFP THE Philippine currency will continue to strengthen against the US greenback amid a crackdown on commercial banks deemed violating foreign exchange rules, the central bank governor said yesterday.
      AFP  -  404 words
    • Article
      Lock icon Indonesia seeks new Paris Club deal: reports
      323 8 JAKARTA Reuters, AFP INDONESIA'S new government is seeking a new debt-rescheduling deal with the Paris Club of official creditors to help ease the burden of its massive debt, local media reported on Saturday. Chief Economics Minister Dorodjatun Kuntjoro-Jakti, sworn in with the new
      Reuters,; AFP  -  323 words
    • Article
      Lock icon Indonesia to amend regional autonomy laws, say reports
      504 8 JAKARTA Foreign investors said to be frightened off by the laws AFP, Reuters INDONESIA'S new government is to amend regional autonomy laws seen as scaring off foreign investors and threatening national unity, reports said Saturday. Foreign investors, especially in mining, oil and
      AFP,; Reuters  -  504 words
    • Article, Illustration
      Lock icon Taiwan firms flood Shanghai tech show
      475 9 Olcbil pbffnfl industry slnnip keeps Evepeaa and US companies away Bloomberg [SHANGHAI] Via Technologies Inc and other Taiwanese computer firms dominated the CeBIT Asia 2001 technology exhibition, as a slump in the global phoiie industry kept European and US companies away. Nearly a third
      Bloomberg; AP  -  475 words
    • Article
      Lock icon Taiwan minister: open direct China trade links
      317 9 TAIPEI He says move after entry into WTO will minimise costs AP TAIWAN'S economics minister has suggested that Taiwan will have to open direct trade links to China following the island's entry into the rule-set-ting World Trade Organization (WTO), newspapers reported yesterday. In
      AP  -  317 words
    • Article
      Lock icon China confirms plans to buy over 30 Boeing jets
      230 9 BEIJING AFX CHINA will buy more than 30 Boeing planes in a bid to help local carriers better compete after the country's entry into the World Trade Organization (WTO), the official China Daily confirmed. Final approval hinged on further negotiations, and
      AFX  -  230 words
    • Article
      Lock icon Indian police arrest broker in bank crisis
      245 10 BOMBAY Reuters INDIAN stockbroker Ketan Parekh was arrested last Friday by the country's federal police in connection with a bank's payment crisis, a top police official told Reuters. Parekh, known as the "Bombay Bull", is at the centre of India's worst stockmarket crisis
      Reuters  -  245 words
    • Article
      Lock icon Taiwan's e-shops team up with 'real stores' for revival
      402 10 TAIPEI Prodnct collection and cash payment at 7-Eleven stores a hit with shoppers AFP FOR Sharon Lee, shopping online couldn't be easier. It took her barely three minutes to walk from her apartment to the nearest 7-Eleven where she picked up
      AFP  -  402 words
    • Article
      Lock icon Former Gitic official on trial: report
      121 10 BEIJING Reuters A FORMER official of the failed Guangdong International Trust and Investment Corp (Gitic) is on trial for losing more than 80 million renminbi (5516.8 million) through stock speculation, the Financial News said on Saturday. The Shenzhen Intermediate People's Court started the trial
      Reuters  -  121 words
    • Article, Illustration
      Lock icon Rita's fans
      50 10 [SHANGHAI] Rita Fan (seated), the first chairwoman qfHong Kong's Legislative Council, signing copies of her biography for university students in Shanghai on Saturday. Ms Fan, well known for her loud support ofßeijing after many years spent serving the colonial government, was in Shanghai to promote her book. REUTERS
      REUTERS  -  50 words
    • ASIA Notes
      • Article
        Lock icon China set to stimulate Taiwan invasion
        84 10 AFP [HONG KONG] China has begun final preparations for its largest ever military exercises which will simulate an invasion of the Taiwan-controlled Penghu htgkS, the China-hacked Wen Wei Po said yesterday. In the third phase of the drills, code-named "Liberation No 1" held on
        AFP  -  84 words
      • Article
        Lock icon Analysts halve Cathay Pacific forecasts
        54 10 AFP [HONG KONG] Analysts have slashed earnings forecasts for Hong Kong's flagship carrier Cathay Pacific Airways by nearly half after its unexpectedly weak first half earnings. Weak passenger and cargo volumes are expected to continue through the rest of the year amid the global economic
        AFP  -  54 words
      • Article
        Lock icon Tata eyeing stake in Dabhol project
        65 10 AFP [NEW DELHI] India's Tata Group is willing to buy a stake in US energy firm Enron Corp's US$3 billion Dabhol power project in western India, the Economic Times said on Saturday. The 2,184 megawatt power plant stopped generating electricity in May when its
        AFP  -  65 words
      • Article
        Lock icon Bomb blast in New Delhi injures 2
        50 10 Reuters [NEW DELHI] A crude bomb went off in a fashionable shopping district of the Indian capital late on Saturday, injuring two people. Police said the bomb exploded at South Extension market when the centre was dosed and there were few people about—Reuters
        Reuters  -  50 words
    • Article
      Lock icon China Unicom cuts jobs by 9% in 1st-half
      236 10 HONGKONG Bloomberg CHINA Unicom Ltd, a unit of China's second-biggest mo-bile-phone operator, cut its workforce by 9 per cent in this year's first half to lower costs at its paging business after the unit lost customers. Hong Kong-based Unicom cut 3,323 jobs
      Bloomberg  -  236 words
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      140 7 Uahrrnily Enlightening. Inspiring. That's just the courses. Wait until you meet the faculty. I Slngoporo > Strawyc Planning and Imptemeniaacn November 26 30.2001 > France tor tte Norv finance Manager February 25 March 1.2008 Hong Kong > Nagctaton Sfrategne SfcAs Auguat 22 24.2001 CM Making and Dispute Reeotoion Jom mm
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      15 7 I. ..}> <&; Enquiries: Tei 268 9600 Fax 268 6300 Email: rssalesOroyalselangor.com.sg mm Shop online at royalselangor.com.sg
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      297 8 lip [fj < i canq manal III 1•• f> i I t I Mllllt I Buffet Lunch, Noon to 2.30pm Dinner 6.30pm to 1030pm (Closed for lunch on Saturdays) FWiwwewr W IW MHIW WIH Wl SWISO ,:V *mW "■■< <"*% If* ?r IMWiMWm. L__________^ Where to wine, dine and &%2S*°3!
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      217 8 Carlton Hotel Singapore goes truly Asia m our Malaysian Food Festival at Caff Vic Featuring renowned Chefs from Malays* and grand buffet of traditional dishes. In adMoti ta a»*c«N* luefcy drav prteM. peeve at «r Fm4 Fdddmt mm* cfcaaM ■to aWp *ar la mate Prta at an Uylc imrt pfen
      217 words
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      114 8 Whet your appetite for Sashimi. Oysters. Sushi, mouth-watering barbecued meats and more. Available Sunday to Thursday at $29 per adult, children enjoy 40% discount. Add an additional $10 and $15 per person to enjoy unlimited flow of beer and wine respectively with your meal. For reservations, please call 432 5567.
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      82 8 !EEKP A Y mm Set Lunch sg.sQ MENU Man French Onion Soup Seafood Skewer Tua Cream Of Mushroom Port Rib Wed Clear Vegetable Soup Beef Goulash Thu Seafood Gumbo/PorkPiccata Fri Cream Of Tomato Rah Of The Dey French Bistro, Cozy Ambience. Oyster, Salmon, Escargot Apple Pie Reasonable Price Friendly Services.
      82 words
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      95 8 IH IHH ja^ BEIJING DUCK SPECIAL PROMOTION at Pine Court Chinese Restaurant 7-31 August 2001 Savour our ever-popular traditional Beijing Duck at an incredible price of $28++ (usual price $60++)! This great offer is available during lunch and dinner in August only. Reservations: 831 6262/66 g" ■SSo&u r J jJHH
      95 words
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      55 9 Ss6so [)))))K Non-Stop lY Vy FLIGHT :AI 401 EFFECTIVE 12 AUG 2001 J DEPART SINGAPORE SUN, MON WED 0750 HRS j J ARRIVE MUMBAI SUM, MON WED 1020 HRS~ FLIGHT :AI 400 EFFECTIVE 11 AUG 2001 \7VtvJV DEPART MUMBAI >AT, SUN TUB 2300 HRS H ARRIVE SINGAPORE SUN, MON WED
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      1665 10 \li -> j-* -i- ADVANCED SYSTEMS AUTOMATION LIMITED (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Fifteenth Annual General Meeting of the Company will be held at 54. Serangoon North Avenue 4. Singapore *****4 on Tuesday. 28 August 2001 at 11.30
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      575 10 TV* COMPANIES ACT CHAPTB 50 Sodion 290(2*1 Nona <* resolution BUSINESS TRENDS PTE UD (In M»mb»r»' VulmOm) Liquiduliuii) At on Extroordnoty General M«o*ng of Biminow Trends Pto Ud held at 10 Anoon Rood *33-06 keomationd Waxo Singapore *****3 on Iho 6lh day of August 2001 lolowing speaoi molufcocM wwe duty
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      124 11 A s INSTANT,,, s \< r/I<>\ i/ i \i i ***** -11.i, 11 in H A'. !■< u i S I irtmil ()/Jicc s I x 1 1 |> vmill li,> H; > nil. I in,! <■//,' "I i: I N,i > (all MRCcntrc N3N-"I1 II I "I ,I I
      124 words
  • WORLD news
    • Article
      Lock icon Probe into 1b euro trade by Deutsche Bank
      526 11 FRANKFURT Authorities on lookout for breaches in banking rules, insider trading FT. Bloomberg TWO German financial watchdogs are to investigate Deutsche Bank's handling of a 1.04 billion euros (551.63 billion) block trade in Deutsche Telekom shares last week, including the possibility of
      FT.; Bloomberg  -  526 words
    • Article, Illustration
      Lock icon Four arrested for Microsoft piracy
      477 11 Reuters [SAN FRANCISCO] Federal Bureau of Investigation have arrested four suspected software pirates in Los Angeles and seized US$lO.5 million worth of counterfeit Microsoft products. The seized products included disks with replicas of Microsoft's new hologram technology designed to prevent piracy. A company security executive
      Reuters; AP  -  477 words
    • Article
      Lock icon Vodafone in talks to raise J-Phone stake
      239 11 LONDON Bloomberg VODAFONE Group, Europe's largest mobile phone company, is in talks with investors to gain control of Japan Telecom Co's J-Phone Group, the Sunday Telegraph reported, without citing its sources. Vodafone owns 45 per cent of Japan Telecom and 46 per cent
      Bloomberg  -  239 words
    • Article
      Lock icon NTT to create 46 subsidiaries, move 110,000 staff: report
      313 11 TOKYO Streamlining move expected to be completed by next spring Nikkei Reuters NIPPON Telegraph and Telephone Corp (NTT), Japan's dominant carrier, plans to set up 46 new subsidiaries and transfer more than 110,000 employees to these firms, the Nihon Keizai Shimbun
      Reuters  -  313 words
    • Article
      Lock icon London, UK residential property prices peaking
      639 13  -  Volume of sales slowing despite boom in first hall; London prices np 6.7% in Q2; Asian investors eqjoying excellent returns From Neil Behrmann in London THE UK residential property market has defied the British economic slowdown and has boomed, but signs are emerging that
      639 words
    • Article, Illustration
      Lock icon Slide in profits points to stock rally next year, say analysts
      607 13 They cite recessions in 1982 and 1991 when earnings fell bnt stocks surged the next year Bloomberg [NEW YORK] US corporate profits are on track to finish the year 25 per cent lower than forecast at the beginning of
      Bloomberg; FILE PHOTO  -  607 words
    • Article
      Lock icon Firms must improve risk warning to investors: SEC
      444 13 WASHINGTON Reuters A ROUTINE review of annual corporate financial reports shows that Wall Street executives need to do a better job of warning investors about the risks of investing in their companies, the top accountant at the Securities and Exchange Commission said
      Reuters  -  444 words
    • Article, Illustration
      Lock icon Lemons at Buffet table, but buying goes ahead
      790 15 NEW YORK Berkshire's top 4 publicly traded investments are down 24% this year Bloomberg WARREN Buffett, the billionaire chairman of Berkshire Hathaway Inc, is taking lumps in the stock market. Berkshire's four biggest investments in publicly traded companies American Express Co, Coca-Cola
      Bloomberg; FILE PHOTO  -  790 words
    • Article
      Lock icon Sonera returns 3G licence to Norway for free
      329 16 FT [OSLO] Scepticism deepened on Friday over the value of third generation mobile telephone licences the subject of hard-fought bidding contests across Europe last year after Sonera handed back a licence for free. The Finnish operator returned its Norwegian licence almost exactly
      FT  -  329 words
    • Article
      Lock icon Royal Bank, Nortel in Toronto market cap battle
      422 17 Bank briefly beat New Economy darling to be bourse's largest stock Reuters [TORONTO] The revenge of the Old Economy looked complete on the Toronto Stock Exchange on Friday as a bank knocked former New Economy darling Nortel Networks Corp off its pedestal
      Reuters  -  422 words
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      1602 12 i ne Business i imes, Monoay. August 13. 2001 k1 Ventures Limited (Incorporated in the Republic of Singapore) Notice of Annual General Meeting ALL MEMBERS ARE CORDIALLY INVITED TO ATTEND the Annual General Meeting of the Company which will be held at the Conference Room of Keppel Corporation Limited at
      1,602 words
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      441 12 Bank Itopp >1 TktL— Bank Umtfd Incorporated m The RepuMc of Singapore NEGOTIABLE FLOATING RATE UNITED STATES DOLLAR CERTIFICATES OF DEPOSIT DUE 2002 ("USS FRCDS") In accordance with the provisions of the USS FRCDs, notice is hereby given that for the Interest Period from and including 13 Aug 2001 to
      441 words
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      795 12 I VIBROPOWER I I CORPORATION LIMITED I I (Incorporated in the Republic of Singapore) I I at°7! C T, SLIf REBY N that an Extraor dinary General Meeting of the shareholders of the Company will be held I I tfthiiSm msam 29 0n 29 August 2001 *****0 am for of
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      286 12 ADVERTISEMENT PROVISIONAL LIQUIDATOR STATUTORY DECLARATION BY DIRECTOR OF EASf-CONNECT PTE LTD (Registration No: 2000Q2427K) I, Tan Tack Hui of East-Connect Pte Lid of 620 A Ujongpasir ***** Malaka. Malaysia, Malaysian Passport No. A *****27 make orth and say as follows 1. I am a director of the abovenamed company. 2.
      286 words
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      757 12 IN THE MATTE* Of THE COMPANKS ACT, CAP. SO (Sodiafi 290(2Mb|] AMD IN THE MATTER Of «NO ENG (PRIVATE) LTD (In M.wbaw* VafaiPui j liyridtol.K) NOTKI Of RESOLUTIONS At an Etoroordinory Gonaral MaHtoo of Am Compony hold at 17/f, faiiinal Hama. Camem Tim DrWo, Cmtrol Hong Kong on Am Adt
      757 words
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      74 13 Just to let you know, there is no way a o I newspaper could accidentally put the I wrong logo on a car advertisement. I The Octavia 1.6, I.BT 20V. Rated no. 5 in a recent survey of all brands in customer satisfaction by JD Power and Associate. JTA MOTORS
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  • BIZ woman
    • Article, Illustration
      Lock icon Comaneci's perfect landing
      969 14 When she was 14, the Romanian was perhaps the most celebrated gymnast ever. She's now 39 and an American NYT Everywhere she walked last week at the USA Gymnastics national championships, heads turned. And not only because her sleek frame and long blond hair and non-Kmart bracelet
      NYT; AP  -  969 words
  • FINANCE & commodities
    • Article, Illustration
      Lock icon Untitled
      857 14 KOTOAPOKB aOTBMmMTmUUMTliW DtPICATITB niasa AMPTIBLM Week ended Aug l Mm Mm fmm tmfm ttrtwWy Mi TTJj M_JNhr 1mm Cm*— mtmUt Ct* TTM m mm 2-Y* 1250 Ot-Apr-OO N20IIOOS 119% 2.14% 100.10 100.15 5YI 1250 15-tUr02 ******01 107% 245% 100.35 100.95 7-W 5.425 OhJaHIO KX9HOON 132* 3.31% 1M.08 TW.18 5YI 4125
      857 words
    • Article
      Lock icon Weaker greenback sparks interest in gold, stems slide in base metals
      873 14 COMMODITY Weeklyßoundup AFP [LONDON] Gold prices made an unexpected leap out of their recent narrow range last week alter a cheaper US dollar renewed interest in the precious metal. The softer US dollar also helped to stem the slide
      AFP  -  873 words
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  • Page 14 Miscellaneous
    • Miscellaneous
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      301 14 CBTPTIC CROSSWORD ACROSS 4 Cheap opera (10) 1 What strong wind does with 5 Glimpse inside Rameses pyracover produces a revelation! n*d (4) (5, 3, 3, 3) 6 Child with a royal daughter (7) 10 Listen secretly to first lady's talk 7 Goti provided by one, one enon the <al
      301 words
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  • Article
    Lock icon COMMODITIES
    1531 15 SICOM PDTURBS Aug 10 IUOOO (Marts dotog «s «t SJOpa) ISS1 CONTRACTS ccabAo dm Mm QM Mwtt W» I— Srtt B—«) WwSrt Sep 01 »350 Oct 01 ***** NovOI 10(50 0ec« 107JO RSS 3 CONTRACT (US cMh/kc) MM OM Mot> HI* \m Sit (tw—D t S«P 01 58.00 58.00
    1,531 words
  • Page 15 Advertisements
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      400 15 Grand Copthorne Waterfront Hotel, Singapore There are many conferences on Corporate The registration fee for the conference Governance but this is the one you should ACCA Members Ssl4s/attend because we cover ALL the bases. Non-Members SslBo/The Association of Chartered Certified ACCA Members will be awarded b Accountants (ACCA) has put
      400 words
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  • STOCKS sgx
    • Article
      Lock icon Untitled
      8357 16 BOMPS A WARRANTS M Mi PMtf lart M 9m* MMi hntf cm to Mac mm ><■ fw >* nwg u» —Mto w MI w nu —UR 39.5 26 s AST! W*****1 27 -3 436 31.5 27 27 28.5 29 26.4 1 16 5 1.52 34 473 133 1 Amtak W*****0
      8,357 words
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      Lock icon US retail sales in July expected to slide
      576 16 SQX Derivatives Weeklyßoundup AFX [WASHINGTON] US economic indicators to be released this week will show that retail sales fell in July on the back of a decline in auto demand, but lower interest rates and tax rebates are likely to restore some
      AFX; Source: SGX  -  576 words
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  • LEADERSHIP series
    • Article, Illustration
      Lock icon Cutting NTT down to size
      1198 18  -  Japan's 'grandfather of telecom entrepreneurs' tells vikram —*«nt* that Nippon Telephone and Telegraph's dominance is blocking the country's progress in the New Economy VIKRAM KHANNA IN JAPAN, where entrepreneurs are not easy to find in the best of times, those who dare to challenge the
      AFP  -  1,198 words
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      96 18 am TIII: \h OI I i,koi p 4 Js t i f v 4 s-. -K*? > -,*> 1 v ti- v V y m w v» Actually, bigger is better. THE ASCOTT GROUP Spacious serviced residences offering exceptional luxury, in 16 cities across the world luxum«««vich>ummncm 2 CENTRAL RESERVATIONS:
      96 words
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  • BIZIT
    • Article, Illustration
      Lock icon ASP prosperity in adversity
      775 19  -  ■naifjiiuwj Thanks to the economic downturn, application service providers are set to show a jump in revenues, reports "wwniifwi CHEN HUIFEN THE downturn in the economy has become a blessing in disguise for ASPs (application service providers). Even though none of them are expected to turn
      Source: Frost & Sullivan  -  775 words
    • Article
      Lock icon Enterprise ASP spending to top US$13b by 2005
      388 20  -  The market includes managed or extended services around enterprise resource management, customer relationship management and industry-specific e-commerce applications By Raju Chellam COMPANIES will spend more than US$l3 billion on a range of services that constitute what's now being called the enterprise ASP
      388 words
    • Article, Illustration
      Lock icon Left at the altar
      704 20  -  If Lucent didn't ran from Alcatel because of its poor numbers, it should have By Elizabeth MacDonald ALCATEL'S very public booting in May by Lucent had to make the Paris telecommunications equipment company feel humiliated. Lucent walked away from an all-stock deal worth a reported US$34
      REUTERS  -  704 words
    • Article
      Lock icon Legend's results likely to reflect slower growth rate
      400 20  -  By Tom Munroe Reuters [HONG KONG] Top mainland PC maker Legend Holdings is expected to post a 31 per cent profit surge when it reports quarterly results on Wednesday, reflecting a cooling of its once-blazing growth rate. Beijing-based Legend will report earnings
      Reuters  -  400 words
    • e Biz Infrastructure
      • Article, Illustration
        Lock icon The fine art of selling via e-mail The fine art of selling via e-mail
        1253 21  -  Take more care when composing your e-mails if you want to fully harness the potential of this powerful tool for business, advises david mok DAVID MOK The writer is CEO of Internet consultancy MyEwizard.com. MANY companies
        1,253 words
      • Article
        Lock icon Blue Velocity from Big Blue
        299 21  -  Time-to-market has been replaced by time-to-profit as the key driver of success and survival By Raju Chellam IBM Corp last week launched its "Blue Velocity" initiative to help Internet companies and service providers "speed their path to profitability." The initiative is part of IBM's Net
        299 words
    • Article, Illustration
      Lock icon XBRL can speed up accounting
      656 22  -  INFOTECH It's best STpore Arms take the Initiative to adopt it voluntarily paul thompson The writer is a lecturer in accounting at the University of Nottingham in Malaysia, Kuala Lumpur PERFORMING a financial analysis— where one interrogates financial statements so as to get the "real
      656 words
    • Article
      Lock icon Software sector may take more hard knocks
      446 22  -  But some analysts say top firms will prevail long term By Paul Chan AFTER yet another sell-off last Friday on the Nasdaq, stock prices of many PC software and server firms have fallen to their lowest levels in the last 52 weeks. At
      446 words
    • Article
      Lock icon US computer security threats rising
      455 22 NYT (WASHINGTON! Executive Order *****, signed by former US president Bill Clinton in 1996, emphasised eight critical infrastructures whose incapacity or destruction would have a debilitating impact on the defence or economic security of the US. The following year, the President's Commission on Critical Infrastructure
      NYT  -  455 words
    • IT TAKES
      • Article
        Lock icon Gintic's first SCM study
        59 22 GINTIC Institute of Manufacturing Technology sakl it had completed South-east Asia's first SCM (Supply Chain Management) benchmarking study by polling 125 companies in the region, Indurtlng 37 local companies, of which 19 were in the electronics sector. Gin tic said it plans to carry out the
        59 words
      • Article
        Lock icon AMD Athlon at NUS
        67 22 US-based Advanced Micro Devices hie said the Department of Computational Science at NUS has chosen AMD's new multiprocessing platform to provide a networked workstation environment for its new classroom upgrade programme. The platform, which uses AMD's Athlon MP processors, will power a number of systems to
        67 words
      • Article
        Lock icon PSB to use Unigraphics
        48 22 SINGAPORE'S PSB Corp Pta Ltd, that provides training, consulting, and testing services, said it has deployed the Unigraphics product development solution from US-based UGS Inc, to be used ta two ofPSß's courses— Bachelor of Engineering (Mechanical), and B.Engg (Mechantronics). For details, check out www.ptbcofp.com.
        48 words
      • Article
        Lock icon Cisco Systems'new appointment
        33 22 US-based Cisco Systems Inc has promoted Bill Chang to regional managing director for Singapore, Indochina, Indonesia, and the Philippines. Mr Chang was previously managing director of Cisco Systems' Singapore operations.
        33 words
      • Article
        Lock icon Granite sets up regional office
        34 22 US-based Granite Systems Inc, that provides SRM (service resource management) solutions to communications service providers, has set up its Asia-Pacific office in Singapore, headed by Abdul LattS; managing director.
        34 words
      • Article
        Lock icon Ecquaria's new appointment
        40 22 SINGAPORE-based Ecquaria Technologies Pte Ltd, that provides web services software infrastructure and solutions, has appointed Quek Choon Yang as its director for government and infrastructure services. Mr Quek was previously a member of the Singapore's administrative service.
        40 words
      • Article
        Lock icon IDC Telecoms Forum
        40 22  -  OanpfMb] Leo Kee Chye INTERNATIONAL Data Corp will hold ita 4 Asia-Pacific Telecoms Forum'on Aug 22 at the Ritz-CarltonMillenia. It will provide a comprehensive view into broadband, wireless technologies and optical networks. For details, visit www. Telecom*.
        40 words
    • Article, Illustration
      Lock icon How to compete in a high bandwidth market
      703 23  -  SAYIH Service creation to the third major transition of the network after connectivity and hubert whyte The writer is president and CEO, net.com. SERVICE creation is a necessity for both telcos and ISPs to increase revenues and retain customers in the broadband
      703 words
    • Article, Illustration
      Lock icon Four new HP scanners for the discerning
      306 23  -  Bh Yap Wy-En HEWLETT-PACKARD Singapore recently launched four scanners and two 'All-in-One' multifunctional devices. All the products are immediately available. The details: Scanjet 4400 C: Costs $279, comes with a dual sensor, CCD (charged coupled device) technology which allows 3D objects to be
      306 words
    • Article
      Lock icon Netrust is also a licensed CA in S'pore
      138 23  -  maillTi Foo Jong Ai CEO, Netrust Pte Ltd THIS refers to the SaylT commentary, 'How to ensure e-securi-ty for e-biz' by John Palfreyman (BizlT, Aug 6, page 4). The author wrote in that article: "In Singapore, ID.Safe is the only firm that
      138 words
    • KNOWLEDGE management
      • Article, Illustration
        Lock icon Big leap of faith at NCS
        932 24  -  Implementing KM at National Computer Systems was like taking three steps forward and two steps back. But two years on, the movement has spun some tangible and intangible results, reports val ghua VAL CHUA WHEN NCS (National Computer Systems) first embarked on its Knowledge
        932 words
      • Article
        Lock icon NCS' KM evangelists
        383 24 TOP management vision and support may be crucial in KM, but equally important are the day-to-day champions, who Praba Nair, head of NCS' KM activities, calls "evangelists". "These guys are knowledgeable staff, passionate about KM and able to inspire their colleagues on the ground level," Mr Nair
        383 words
      • Article
        Lock icon Deconstructing the lone entrepreneur myth
        406 24  -  A new global study by Accentare says the classic US approach is not necessarily the right one for the rest of the world By Raju Chellam THE popular image of the heroic and solitary entrepreneur is a myth, according to a new study by Accenture
        406 words
    • Article, Illustration
      Lock icon Time to diversify as PC turns 20
      566 25  -  Household names like Microsoft, Intel and Dell know they mw no longer stake their livelihoods on jnst selling the machines By Peter J Bremnnan Bloomberg [SAN JOSE, California] When David Bunnell saw the first personal computer built in 1961 by International Business Machines
      Bloomberg; AP  -  566 words
    • Article
      Lock icon All smiles at Silicon Valley bash
      187 25 AFP [SAN JOSE, California] At a splashy Silicon Valley celebration for the so-called 20th anniversary of the PC last week, software mogul Bill Gates and computer chip titan Andrew Grove stood surrounded by admirers. Their grins couldn't have been wider. For the last two
      AFP  -  187 words
    • Article
      Lock icon Wall Street awaits results from tech sector leaders
      413 25  -  By Paul Chan WALL Street will get some significant leads in this week's bag of corporate results as several market leaders in the tech sector announce their quarterly performance. In hardware, Dell Computer and Hewlett-Packard will be closely watched. Dell has embarked
      413 words
    • ON THE SHELF
      • Article
        Lock icon Canon's undrwater digital cameras
        50 25 JAPAN'S Canon has introduced three underwater cameras—Digital Ixus 300 (which costs $1,190), Powershot AlO ($669), and Powershot A2O ($799). The cameras come with an optional underwater case ($900) and can take pictures at adepth of 30 metres under water. For details, fax *****17 or visit www.cxinon.com.sg/digitalcamera.
        50 words
      • Article
        Lock icon 3Com's Wireless Bluetooth card
        53 25 3COM CORP said its Wireless Bluetooth PC Card is now available. It allows mobile users to share information such as data flies, text documents and contact lists with other Bluetooth-enabled devices including notebooks, desktop PCs, mobile phones and h«r*ih<4Hc it costs US$l49. For details, fax *****56
        53 words
      • Article
        Lock icon Samsung's mobile phone here
        37 25 SOUTH KOREA-BASED Samsung Electronics has unveiled its WAP-enabied SGH-N2OO mobile phone in Singapore. It costs $400, weighs 69 grams, and offers voice dialing and PIM functionality. For details, fax 509G900 or visit www.samsung.com.sg.
        37 words
      • Article
        Lock icon MPEG-1 card ready
        52 25 SINGAPORE-BASED V One Multimedia Pte Ltd has launched its Snazzi*l VCD MasterHQ—an MPEG-1 encoder and decoder internal PCI card The card allows users to encode in MPEG-1 for VCD output It costs $360 for the VCD Edition, and $399f0r the Gold Edition. For details, fax *****33 or
        52 words
      • Article
        Lock icon Biodata's PKI Business Server here
        54 25 GERMANY-BASED Biodata Information Technology, which provides cryptographic devices, and network and communications products, has launched its PKI (Public Key Infrastructure) Business Server for SMEs. The US$l,OOO server runs on the Windows 2000 Server and can be set up within an hour, For details, fax *****16
        54 words
      • Article
        Lock icon StarHub's pay-as-you-use scheme
        57 25 STARHUB Internet has launched its pay-as-you-use monthly payment plan for Microsoft Office XP, Frontpage 2002, and Share Point Team services. Star Hub said its leased line and ISDN customers can use the packages by paying a small monthly fee and 30per cent down payment Hie scheme debuts
        57 words
      • Article
        Lock icon Siemens'GPRS mobile phone
        49 25 GERMANY-BASED Siemens AG has unveiled its first GPRS (General Packet Radio Service) mobile phone— called 545/6618 —in Singapore. GPRS supplements the standard GSM network to increase efficiency and offer fast data transfer. The WAP-enabled phone costs $496 and comes with handsfree speakerphone. For details, tax *****00.
        49 words
      • Article
        Lock icon Maxtor's new hard drive interface
        41 25  -  m tbf Leo Kee Chye US-BASED Maxtor Corp has unveiled its Ultra ATA/133 hard drive interface specification, which is 33 per cent faster than the previous Ultra ATA/100 technology. For details, fax *****91, or visit www.maxtor.com.
        41 words
    • NET impact
      • Article, Illustration
        Lock icon Videoconferencing—a costly, glitch-ridden dream
        1092 26  - Videoconferencing —a costly, glitch-ridden dream The world has been waiting for the videophone since 1964. It's here almost says i— gallagher LEIGH GALLAGHER IN a loft in New York's tony TrißeCa neighbourhood, Jaron Lanier, a 41-year-old academic with big dreams, has been pursuing what might one day be the next
        FILE PHOTO  -  1,092 words
      • Briefly.com
        • Article, Illustration
          Lock icon DelphiPad testing in Arctic
          113 26 THE Centre for Wireless Communications (CWC) said it Is working with Canada-based Simon Fraser University's PoiyLAB to test CWCs Delphi Pad in the Haughton Crater Site (situated in the Arctic Circle). Delphi Pad is a compact, light-weight mobile device that can download and display electronic content
          113 words
        • Article
          Lock icon Critical Path,DataOne Asia tieup
          65 26 TTTi huerri Prltlrnl rath Tnr thHtpmvhlM niagasalim nisi directory infrastructure, said it has tied up with Singapore-based Data One (Asia) Pte Ltd, which provides IDC (Internet data centre) services, to Offer boated messaging solntkms to businesses in Singapore, Malaysia, Thailand and the Philippines. Malaysian-based EIX Solutions
          65 words
        • Article
          Lock icon ISecureP, JOS deal
          48 26 TWO Singapore-based conipan W* —LSecure Provider Pte Ltd. which offers security solutions, and JOS-Prodata Computer System Pte Ltd, which provides IT security and solutions—have tied up to oAr one-stop rr solutions The deal will bundle LSecure's security services with JOS' exlstinfltne of products and aervioet.
          48 words
        • Article
          Lock icon Lycos Asia's new appointment
          36 26 based Lycoa Asia Ltd (a joint venture between Sing Tel and Terra LyooaX has appointed Mark Hobson as vice president of sales. Mr Hobeon was prevtoualy president of Focus One Media AaSa-Padflc.
          36 words
        • Article
          Lock icon HDBuilders.com,icx23.com deal
          43 26 SINGAPORE'S HDBuilders.oom Pte Ltd (a subskttary at the Housing Development Board) said it has tied up with icxl23.com Pte Ltd, a 828 construction hub, to deliver e-procurement, e-tendering and e-auetion technologies to their user communities. For details, visit wwwJtdbuiidersMm and www.kxllSxom.
          43 words
        • Article
          Lock icon IBM e-biz solutions fr SMEs
          51 26  -  nil in itf Leo Kee Chye IBM Corp has released Its 'IBM Start Now Solutions', tor SMEs In South and South-east Asia. The sedations consist ofeight software offerings which help companies at various stages of their e-biz implementation. Prices start at $15,000. For details, visit
          51 words
  • Page 19 Advertisements
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      562 19 Enterprise ASP spending will top USsl3b by 2005, Pg 2 rm, 1 I li'iiy !>!■ WIMWMMMMRIIMWWWWMIWIIff Fat free fMg inch thin and 2.4 kbit's truly a friable portable Ye. Ujh with Apple iTunftyou can impon and manage yror enure it s remarkably engineered lo offer a full set of features
      562 words
    • Advertisement
      Lock icon Page 19 Advertisements Column 2
      43 19 TOP STORIES The fine art of selling via e-mail 13 KM a leap of faith forNCS m Videoconferencing: a costly, glitch-ridden dream Pit COMMENTARIES Paul Thompson: Use XBRL to accelerate accounting PI4 Hubert Whytec How to compete in a high bandwidth market rs»
      43 words
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      64 20 I rbe> j;l« Ml A J jfl A/fC MultiSync LCD Monitors Sftm ■weight St space reduction over CRTs Sexy, Qood-Cooting, Brigfxt. coCour saturated images Suggested. j§ AJI H <jJ r. 7MC:!J^.T}T^.7^9^wLCV^\mitors. 0 pvl/ M/iU from $799 (incCxuCes QST} laagl nation. isolations. NEC Singapore Pte Ltd (Tel: 278 1818) I W^o
      64 words
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      90 21 jmjjM I7T FINANCE TOT^STORAGC~V^s^^^L SOLUTIONS HOLD YOUR fc% g&noratlon (g) bumlnomm m lit J.T^ /,<^/ ifjr your e-business grows, you're responsible for accessing, storing, managing and protecting more and more data on a growing number of platforms and applications. IBM TotalStorage rM solutions have a full suite storage networking, platforms,
      90 words
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      Lock icon Page 21 Advertisements Column 2
      202 21 V4psr' A shipment of steel aUoy is travelling 100 miles to point X at 75 mph. A shipment of plastic is travelling 86 miles to point X at 65 mph. Which will arrive first? a The one puHed by the newest locomotive b. The one with the lightest load c.
      202 words
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  • Page 22 Advertisements
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      165 22 --v fes- r y r iTBWK/r iML 1 A ,m iIHL PROTECT YOUR BUSINESS EMPIRE with the 10GB or 20GB Peerless™ Drive lomega® Peertess™ A high-capacity removable storage system like no other. WHR Check out these unrivalled Peerless™ features: il t Ground-breaking Capacity -10 20GB of removable storage II -twk.
      165 words
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      24 23 We welcome letters. Please e-mail us at bizit@sph.com.sg. Please note we reserve the right to select letters for publication and to make editing changes.
      24 words
    • Advertisement
      Lock icon Page 23 Advertisements Column 2
      85 23 of thinking to achiem iKMIOII MMM) HttfU-ti Ml <>41 |i|im Intel net tritdy llciniitr Ai i On item.iml t'linllmj f oiifnlttntl.il Pilntimi i C.ill Now! 1800 799 8585 Email: salesenq^cms.canon.com.sg /***** «11»• i•• solution Nt Iwvoi K St .inniiii| ni« hi M.u l*t tint| i.in.i I •111 I I •In*
      85 words
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      72 24 *„*<■>. ;V: t V v />V-Vv* It's about survival. It's about managing knowledge. It's about the ability to access, retrieve and distribute documents, ideas and knowledge across boundaries, time and space, without the use of PCs. Impossible? ,xS THE DOCUMENT COMPANY Call us at 761 6642 for customised solution. qui
      72 words
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      5 24 XI till \l K'()\ i
      5 words
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      224 25 ff Olntentia is the world's leading supplier of e-collaboration solutions. Our f f business concept is to develop and make business processes more effective II I I L I by combining software and know-how. Our e-collaboration application Movex is one of the most advanced on the market and is available
      224 words
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      Lock icon Page 25 Advertisements Column 2
      146 25 They say, in e-business, it takes forever to unify the past with the future. Some e-business consultants will tell you ■Hb trying to integrate your legacy systems takes too long and costs too much. They. JHfl would have you scrap what exists and commit to whatever vision of the future
      146 words
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      206 26 i, mmm k i impact <• &/>&/> 1 I business ivi (he net f I? »rbcs Ml B« V ?f.~ <«2NTI.IN f gjgj* Solaris www.sun.com.sg Call 1800 FONE SUN (3663 786) for more Information. take It to the n* C!t I'M r««ro.B.^L M^^?.!sI EMS LTD 1 M ailn Road *07-01/13.
      206 words
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  • SHIPPING TIMES
    • Article
      Lock icon SHIP SALES
      296 27 Simpson Spence Young WE ARE now well and truly in the holiday zone with a noticeable fell off in activity, even when compared with recent weeks. There are still said to be on-going discussions in respect of the Docenave fleet, with various reports indicating that maybe Elcano have
      Simpson Spence & Young  -  296 words
    • Article
      Lock icon MARITIME STOCKS
      175 27 gTTnWrUKti IT o -003 i SS 220 (MhoMnqt 0.51 WCfc 1 MC lloMlHi HK 5.60 well 0 ■HyilGl*m«_ o.M weft 10 mwllOrp 144 -OlM MS JjUMMU i .Itl weft 3741 0.19 wen M>2 MwtfTM* UJ1 -aw 447 UbroykUrtn* 0.28 -0.01 41 mm** oi9 aoi u MCI. 1.14 weft
      175 words
    • Article, Illustration
      Lock icon P&O seals deal to privatise, manage Chennai terminal
      604 27  -  Deal consolidates P&O Ports' position as India's key international port operator By Beth Jinks ISINGAPOREJ P&O Ports sealed its long-delayed deal to manage, redevelop and privatise Chennai Container Terminal on Thursday, in its fourth Indian port venture. The largest terminal on India's
      FILE PHOTO  -  604 words
    • Article, Illustration
      Lock icon On recovery mission
      59 27 [HONOLULU] The multi-purpose diving support vessel Rockwater 2 is being loaded with equipment and supplies in Honolulu, Hawaii The US Navy will use the Rockwater 2to raise the sunken Japanese fishing vessel Ehime Marufrom the ocean floor and move it 14 nautical miles to shallow waters where
      AFP  -  59 words
    • Article
      Lock icon Court ruling on land prices puts Batangas project in danger
      362 27  -  Plantodecongest Manila port hinges on landowners By Alec Almazan in Manila THE Philippines largest port project is in danger of being scrapped because of a court decision which places the cost of the property on which the port is to
      362 words
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      Lock icon Tauranga shareholders to get NZ$67m as bonus
      123 27 Reuters [WELLINGTON] New Zealand port facilities operator Port of Tauranga Ltd has announced plans to return NZ$67 million (5149.58 million) in surplus capital to shareholders through a pro-rata cancellation of one-in-eight shares. Each shareholder would receive NZ$7 for each of the 9.6 million
      Reuters  -  123 words
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      Lock icon Lankans urge Lloyd's to revoke war risk surcharges
      85 27 [SINGAPORE] Sri Lanka's Port Development Minister Ronnie de Mel and the nation's business leaders have appealed to Lloyd's of London to revoke hefty war risk insurance surcharges imposed on ships calling at Colombo. Some have claimed the war risk rating could cripple
      85 words
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      Lock icon Tanker spot freight rates up in July
      320 27  -  However, freight rates for dean trades still down: Intertanko By] Beth Jinks [SINGAPORE] Average tanker spot freight rates made a recovery in July after languishing in decline since March, but clean trades have not followed the trend, according to figures compiled by the
      320 words
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        Lock icon New code for ship recycling puts owners ahead of the game
        820 28  -  DOCKYARD By David Hughes FOR the past three or four years, environmental groups have been highlighting conditions in ship demolition yards, primarily in the Indian sub-continent and China. In many ways, the shipping industry is in a difficult position.
        REUTERS  -  820 words
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      Lock icon SHIPPING SCHEDULES INDEX
      263 28 PACE AfcTMkM 10 Appewhip 5 Assets S Avwt N> rtmtNas 6 BSA 7 BSC 9 *n to Bal# 4 Ditinjndu 9 Beys*ater 10 COM 7 CMACGM 3 C0SC0 3 t Central Ex 6 Chaheya 10 CMMSHM S Cooler 10 Compass SlipQ 10 Colony Log 5 Cougar 7
      263 words
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      10034 34 THEBUSINESSTIMES Page8 EXPORT MONDAY, AUGUST 13,200' ETA ETA Advertiser VmmI Voyage To ABIDJAN (ABJ) 2003 Cote D'lvoire 20/0* */09 Kiwi Hung KUOLUNC KU04S (5-*****33 20/00 04/10 Setramar Vtt-LEOE TANYA 309W *5-*****13 run am cosco empress dragon oniw 95-*****00 23/00 15/01 Mm DCLMA5 T0URVILLC 12*W 95-*****44 24/01 O/Of MOL
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        Lock icon CONVENTIONAL WHARVES
        481 37 Vwstl VcyMo Bft> Arrival Pifrtwt JMlNrt UM HN« UOTM J03 BAN/KB BAM/2230 Ck 0ffsMr*3 OOUng jn 12/08/9:15 BAM/6J0 ■tSrfltwt **01 JOT BAM/M30 BAM/2030 —mm 1202 JU BAM/630 BAM/T730 MwtowUr 3 JOS BAM/230 IVM/Btt) S#t* *5 JB 13/08/7:00 BAM/630 n« 3 J04 BAM/730 MAM/830 Sm>I»*Muii 43 JB BAN/730 16AM/5J0
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        Lock icon CONTAINER SCHEDULES
        1505 37 RECPVmC OF EXPOtT FCL COMTAIME1S AMP LCL COCO Boo*ino/ EUijnct kstts SWy voy Mo Etb/Btr Nrtod Frow To Frow tamsan oha m/mo m s/tmo b/bm b/bm cm wbm -z-n« u bmw tvotw ivwoc a bmw u/ow a<woc atToo ivm a'uoc 4 O/BM O/MM QMW m. nm. nx rv*x
        1,505 words
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        Lock icon GLOBAL HOLIDAYS
        174 37 August 15 South Korea: Liberation Day Switzerland: Assumption Day Spain: Assumption Day Belgium: Assumption Day France: Assumption Day Italy: Assumption Day Aafaot 17 Indonesia: Independence Day AmgemtZt United Kingdom: Summer Bank Holiday Aaputai Malaysia: National Day Philippines: National Heroes Day Vietnam: National Day Canada: Labour Day Vietnam National
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        Lock icon COCKETT BUNKER MARKET REPORT
        756 37 THIS report compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead at single prices tor a more comprehensive description of the market Prices shown are baaed on sveragetized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
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        373 37 CvtM NO Mn N2J 0J B.9 O H 44 0.03 *4* DMfltT Motor Mto Ask U bIHi I MM Ho Mom E2S 0 0 2 1 0 0 JTZ- 300 AM *4.7 0.1 14.7 0.06 0.02 to* 3(0 iux wu oj «j an SO U) «*An
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        Lock icon Qantas' full-year net earnings seen falling 24% to A$330m
        570 38 Analysts cite low As, greater domestic competition and rising fuel costs AFP [SYDNEY] Australia's leading airline, Qantas Airways, is this week expected to post a substantial drop in full-year net profit, analysts said yesterday. With increased domestic competition, rising fuel costs
        AFP; FILE PHOTO  -  570 words
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        Lock icon US Airways expects US$160m loss in Q3
        340 38 Loss may be more than twice as large as analysts'forecast Bloomberg [ARLINGTON, Virginia] US Airways Group Inc, whose plan to merge with UAL Corp failed last month, expects a third-quarter loss of more than US$l6O million because of fewer sales of high-fare tickets
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        Lock icon Blimp makes a comeback
        69 38 [MAINAU, Germany] The new Zeppelin NT blimp flying over Mainau, at Lake Constance, southern Germany. The German company Zeppelin Luftschiffiechnik wants to revive the country's zeppelin tradition and plans to begin first passengerflights this week, pending final approval by air authorities. The blimp carries up to
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        Lock icon Airlines must reduce capacity, costs: IATA
        232 38 AP [GENEVA] Airlines hoping to turn in a profit in the face of the global economic slowdown this year must drastically cut back on their carrying capacity, the head of their global association said last week. Pierre Jeanniot, the director-general of the International Air
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        Lock icon Air France hires 500 staff from AOM-Air Liberte
        183 38 Restructuring leads to transfer of staff: chairman AP [PARIS] The new chairman of struggling French carrier AOM-Air Liberte says national carrier Air France has recruited 500 of its staff members. Jean-Charles Corbet told Europe-1 radio last Friday that the transferred staff were
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        Lock icon PAL to stop in Melbourne, merge two US services
        155 38 Bloomberg [MANILA] Philippine Airlines (PAL), the country's biggest carrier, plans to add a Melbourne stop to its Australian route and merge services to two US destinations to increase revenue and cut costs. The cash-strapped airline, which owes creditors US$2.3 billion, wants
        Bloomberg  -  155 words
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        Lock icon UK watchdog approached on BA, AA alliance
        581 38 Office of Fair Trading receives details on airlines'proposal to share profit on 9 rentes Reuters [LONDON] The British competition watchdog said it has some confidential details from British Airways and American Airlines on their proposed new transatlantic alliance involving profit-sharing on nine routes.
        Reuters  -  581 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1557 38 cm man tu maw n» Offl mo IA7XZ 2055 mm mm MM—i $035 0700 UM 2255 CM75 035 SOX 2345 MP MM MM N242M 2045 LHMH 2020 S02M 2045 K24 2020 Smm 2020 K***** 2045 mm am mm* tnm tm tm4nnn.il *471 noo sow ono SOW
        1,557 words
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      91 27 Mm BsckPg ML* www.maritimeChain.com [mtVJp z^m The advent of Information Technology and intermodal logistics solutions have dramatically changed the global logistics industry. In addition, Singapore is fast becoming the logistics hub of the region. To keep our readers updated. Shipping Times now features a full page on logistics on Thursday
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      695 28 TO USA/CfiMADA I EXPOftT I I OTHER DCSTINATIOHS Bj GBS BHBBHSBHBBB ttmnrnvMin punmiAiw >MmT» OOQAMOta M 3 14/ M I 31/ M WD PI 05/W OT M/M 4 1 I 1 1 ooaaußMM 5404 n/« wm I «7/Df ii/m ij/m ij/m iz/n is/n |j| JSI w» In*mi I hh w
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      544 28 Linis S6TVKSS raproMntod by df\* Member of ihe Ragislry of #M«mb6nof the Aco*fa«d Shipping Agenh, Singopora Ljgirtia Singapore Shipping Aaocialion '—■—-mm Auoocrtton COWttBOS/ CONVBITIOIUL CAtGO WW «uw/g»w/iMuym t nwm VOT ETAPKL ETA SIN ETA MALE PrtamtLav MM I4W IVH &w E*"l* IMI UL» MARINE SESVTCES SINGAPORE Ptoat SS4 IHUfIMi he
      544 words
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      1166 29 fOmtOMS FROM EUROPE Inssa vot sw ww amr ham orv sou iih llvtssa vot I rim urn m* m sou uh sw I HTUNMiMSCOVBT393W 13/08 30/00 01/09 04/99 29/99 K&NAAS S44K 73/97 IS/07 27/07 29/97 IS/N API AMJI 102W 14/90 01/09 94/99 93/99 9S/99 NTDVdOt J3M 29/07 27/97 24/07 2S/07
      1,166 words
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      1505 29 w«i > T/nWMVS 1 JOMI > r/Ttiiun I AOABi T/TtlSßffS J GENtRAI AGENTS IN SINGAPORE: 00 ROOMSON RD *12-00 SALES/KG S TH: *****57/43 FAX: *****21/71 COSTAR SHIPPING PTI LTD wwatoriooow outWard (i/u 42os«tf tanS&ra u EStSng oiimJtts £jmi2* aN0:^7.7.*****1. U,, TIL 22* 1000 («AW) MWIID/O) *****06 *****.4 40 SKNG MM*
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      306 29 WT SI JW SM "a mthL. -SB— ii£ —88 <,m MXNCMOgt HIS 11/ M IVW III! \VU H/M KM MM TIM M UA Ujg HTWPMSIW m ivm IVM MI MTfTT Mtla< ill! n/oi |dic| HTMBMOTWa _MS_ KM 01/W nntWKM lIIS IVM I M/M »/M jl/B l*aup I-I I Ix7l [hZb|b/m|hm|
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      1069 30 SENATOR LINES to imow jomooiMtASf/mMN/wmsuk rasa wt sw w m in w m vissa vot sw m an m mm MMMFMB MIIW I7M MM MM 17M KM KM MM MMOQf MISW lIM ItM lIM TiM MM IKAMMAUM WW IMI lIM ItM MM lIM tIM MISW lIM HM MM lIM mm
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      728 30 2»406 BUF^ P.KBLMKkmumn JKT. (21)—04X6 KUCHNQ <BM» «W4 KOBE/OSAKA SANTOS MV "ATLANTIC MIDGE" V.N203 MV "ISE" V.029S ETA SIN: 19-08-2001 ETA SIN: 15-08-2001 NEW YORK CALCUTTA MV "REPULSE BAY" V.36E32 MV "TIGER CUFF" V.034 ETA SIN: 15-08-2001 HA SIN: 18-08-2001 SHANGHAI SURABAYA MV "NYK VIRGO" V47E MV "LUMOSO EXPRESS" V.
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      500 30 WEBCLY EXPRESS SAILING SCHEDULE -mi 1 mam ALSO ACCEPTMG TO ALL NOhfHERN AM) WESTERN CO POMTS rasa hum vor ts-potilano—ojiLawd r—c— k—at mm wmmmh IOUPHHUU miK HUE BMK ltMt MBli ZHMMMS mv m nuns sits vun »i» hmovhi nms ma tn MAfIUMORBS m 03 SB MSff lISEP SMMBMSKSPR MKCBMOB n
      500 words
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      1352 31 IVISSCL VOT KHH HKO SM HO OX3 IAB TDMM HSS MAN ISFAHAN PCL-220 14/Ot 13/00 IS/M 19/06 ***** 39/0* 31/06 WAN HOWMOZOAN PCI-221 21/0« 22/0* 25/03 26/06 02/09 03/09 05/09 07/09 WAN TEHRAN PCL-222 26/06 29/00 01/09 02/09 09/09 10/09 12/09 14/09 WAN TABAXABAfI PCI-223 04/09 03/09 00/09 09/09 16/09
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      396 31 UK CONTINENT SERVICE I Loadngtor NAZUG ROM/ATW/BMN/UK/IPL TINA 1 ROM/ATW/BMN/UK/LPL J Load« Stogspom. E7W. Mii| lis. toctcin—to MIDDLE-EAST SERVICE J Loading tar ALQAWIYYU JOH/AQA HATIME ANA JOH/AQA ALCESTIS D6VABU/DOH/BRN/DMM/KWT PRABHU OAS D6l/ABU/DOH/BRN/DMM/KWT I "Loads Singapore, EJW. Mataywa. todonasto I USA SERVICE I Loadngtor I CUO PACIFIC CAM/NFK/SAV/NOL I ASTROMAR MZL/LAX/VCW/VCB
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      1038 31 lyMia— ItTTttClffftt/ smitCHAl/ mm/ OW6MO INMM/IIfttWIAMIfIWNR I vcsn I vot |sm nk 1 sia icfe v!r~ VDSM WW m mum mil im m hwi 3i/m jg W- -}l«- -M| =—zul. HMUtlll MIL- vm 11/ M M? g/W llflL ShKi 5 HHHWII Mlt M/W I 11/W 14/W 17/ M UM MM
      1,038 words
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      626 32 lexpokt ■vcsa/vor*Gf w I— \m ,w» a mv ■aawniiwMßD 17/w caw am ovw <g/w bw DMDOISOW IVM OfcW OMO 0W» ■bbomnkmswom wa 9S mm "W i*w ivw BguwmoMßWf mi 1 \im ivw ivw lA«TMMWm»»BffMMAJBAII/llJ*XiaM~~ Srotr vEsa/vona i s«p i ika j «ma fos Ikm I vix I nts waanaonj-om ivw
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      392 32 I VtSSft VOTAGf SOP CM DIM DMN KM NXV AIM JB AO! UHMONTT OUMOM IVMItWHW IVW- 31/01- h»USU 00I3W Xim &W3MOOVW- UNASW 001M37W HVWMW- 3Q/» 01/W OXW ■un ranui otTioow 21/01 nm wm oi/w vm- fUM 0172* 24W- M/W (MH Id/W BagO— MBMIH g/WII/W- 01/W 01/W IQ/W I Also aocapMng
      392 words
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      436 32 I SINGAPORE PTE LTD I I 15 McCallum Street #03-01/02 Natwest Centre Singapore *****5 I I Tel: (65) *****73 Fax: (65) *****66 Email: general#ecusin.eculine.net Website: http://www.eculine.net I Jobore Bahru Office Tel: (07) *****18 Fax: (07) *****62 I M INTRODUCING OUR WEEKLY CONTAINERISED SERVICE TO I ECU UNE SINGAPORE, LINKING THE
      436 words
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      103 32 STL CONTAIN!* LINI I fstrv Ma—A—t tun wmurt W: (Ml 7X SM Fax: Tif MB? NOKTH VKTNAtt WMWHONO SHUTTU SHtVK» Spore Danong QuinKon Jaliqnom W STUO2N ***** a 706 25/06 26/06 I VWyHo. HCM QrtCT) HOW (WMCAMQ) O Brifconcy 035N 14/06 17/06 18/06 O Hfancy 036N I 21/06 I 24/06
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      312 32 INDQNESIANArioBFLJM^] TO AUSTRALIA 1 rvu-camMmmwrnmcm »a wt_ m m m m s» m m m n mm in miu/m n/m i^SSSS ~T ram mum as h/hii/w nm Hm mm wmmm ~mmum jjjg T nxam TuT u£M£* m/w nm nm n/M FEEDER SERVICE TO INDONESIA f ~m I IfS HNTANG MAS
      312 words
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      379 33 MB MYANMA VSBBk FIVE STAR UNE (By— NUiml UM) W loo** for Ym«m vcsa vot m m n» m hpa-an mw a* MON6LA 40W Sl* MAUTSiA AGENTS: OOSSIIAS SMPPWG AGfNOES Ok IE 03-*****3 M POL TH 03-3174*101 pok ra p«fc m 07-*****21/4 BANK LINE (A wrvta >« An**w W* SMfyha)
      379 words
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      834 33 vOOv WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERKA 'CAR RORO HEAVYUFT SERVICE" ivKsn vor iw hpgot |ai i uci mo ma i sav mi ob ink i i "SoTI 522* S!!i SIS i 2£! /M n/w M/ /H 03/10 05/10 2fSw !2!!I "f #4/,# 07/10 M/I ,4 M/ 10 IttUWT
      834 words
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      888 35 INDIAN SUB-CONTINENT Mumbai, Nhava Sheva, New Delhi, EUROPE: All base ports and inland locations Calcutta, Kandla, Ahmedabad, Ludhiana, Jaipur, Jodhpur, NORTH A SOUTH AMERICA: USEC, USWC, inland locations in USA and all other Nagpur, Chennai, Cochin, Bangalore, Hyderabad, Coimbatore major countries in South America MIDDLE EAST: Dubai, Jebel Ali, Abu
      888 words
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      242 35 1 EIWIgJIMHWtCOntPPi I Ml teSUMM/SlttM I VKSfI VOT SMEU SMETV MSTMAJXM DM DM 07/01 IS/06 15/08 OM^IM/taa U«wStt3 06/01 14/08 H/06 Ma UmSn 12 06/01 14/06 14/06 lM| DMSib77 09/01 17/06 17/06 Um/I.MI UmStol 06/01 18/06 18/08 Ja*/lfa#ri Urn Sin 3? Of/Hi 16/06 18/08 tfofc Jan Ski 10 04/01 18/06
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      618 36 I VESSEL VOY SIN MAA SIN MILDBURG 14N/01 15-1606 21 25*06 29-3006 CAPECHARLES 15S/01 17-17AWFOR DISCHARGING ONLY) TIGER SPEED 913N 18-191(06 252&06 02-0109 TIGER BRIDGE 912N 22-2306 2901/09 0&0609 TIGER RHYTHM 915N 26-27 AM 01-0409 06-09/09 MILDBURG 16M01 29-3006 05-0609 12-13/09 I VESSEL VOY SIN CAL SIN TIGER CREEK 482CN8
      618 words
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      799 36 rSC FREIGHT LINKS EXPRESS PTI LTD 51 Pen|uru Rood, 3rd Level, Freight Links Express Logisticentre, Singapore *****3 Tel: *****11 Fax: *****77 E-mail: Be si nOsing net. com. sg Introducing VALPARAISO SOUTH AMERICA SANTOS MANZANILLO fortnightly service BUENO aipk Booking 267* 5565/4694/5535/5539/5541/5553/5569/5579/5562/5563 PROJECT SHIPMENT 1 HEAVYLIFT CARGO (CONVENTIONAL A RORO) IMi
      799 words
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      30 36 LOGISTICS (S) PTE LTD AIR SEA SERVICES TO/FROM: MANILA HONG KONG/SHENZEN/ KEELUNG SHANGHAI EUROPE/USA Head Office Tel: *****80 Fax: *****90 Email: kntslog@pacific.net.sg Airport Office: Tel: 542 2089 Fax: 542 2631
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      952 36 1 /rb PDZ LINES I GISENG 212*7 15/00 GISENG ***** 15/00 GUAM 2122 17/01 GUU^N^ITSi GWUAI 2101 10/00 SHINUNC 1 2115 20/01 GUOO 211 M 20/00 GUOO 211** 20/00 GROG ***** 22/00 GISENG ***** 22/00 GUOO 211*7 20/00 GUOO 211*7 20/00 OWUAI 21f2 25/00 SHINUNE 1 211* 20/00 G*IAN 2123
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  • Page 37 Miscellaneous
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      121 37 H "Z-»)6 "~12)E LEGEND: Issued by Mstsofologlcal Service Singapore K Thunderstorm Showers o /C\ Rain emperature Wind direction and speed in knots Cloud, Day WoUhe U xo Hazy Wind speed symbols Sea Conditions O Full cirde w/o line indicates caJm or light and variable winds —-ij 1 2m -•—•One haH
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