The Business Times, 28 August 2001

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Microfilm: NL23108
Total Pages: 36
1 36 The Business Times
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  • Title Section
    Lock icon Masthead
    15 1 THE BUSINESS TIMES MCUyBUO7/03/2001 Internet: http:' business-times.asial .com.sg-' SIN GAPORE TUESDAY. AUGUST 28. 2001 85*
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  • Article
    Lock icon MARKET SUMMARY
    74 1 wmrn U 1444* (+20.34) □IMB MUt (+9.61) St IKDEZ PUTTJBES UIJOS (+20.00) il SHSa nnuiES U mao (+2.30) STOCK MARKET INDICES Monday Change gmg.fflMP M4W +1116 NIKKEI Si iU7i61__*lML7fl HANG SENG 11,94.71—>***** SET INDEX W7 *4* jjjAKAlTA COMP __44LI1 4» MANILA COMP 1JS7.48 +LU TAJFHWH 4J8A56 >74J» ISEOUL
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  • Article
    Lock icon FINANCE
    77 1 FOBEX BATES us$ at CSS(StparUSS) L748 f (CSS/Si per S) L44J IMO ECBO(USS/S$*5 OJIO IMl M 1MB L» TBI IttJ MM KM MM 1174 HKS 7JM 4463 BAHT 44 JO 2U4 BUPIAH 8,700 4177 *SS to 100 ttnUs rams BATES SINGAPORE* 6M KUALA LlMPm 7.67 JAKARTA MM BA.NGKOK U|
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  • Article
    Lock icon Fewer than 8,000 HDB flats to be built this year
    636 1  -  HDB contractors expect to be badly hit; property prices seen stabilising 3yi Andrea Tan [SINGAPORE] National Development Minister Mah Bow Tan yesterday confirmed speculation that fewer than 8,000 new public flats will be built this year the lowest number in
    636 words
  • Article, Illustration
    Lock icon Cheap ringgit fuels roaring tourism boom in Malaysia
    684 1  -  \i exclusive Low room rates and chance to shop and eat till yon drop From Diana Oon Abdullah in Kuala Lumpur MALAYSIA is enjoying an unprecedented tourism boom, notching a record 7.2 million visitors in the first six months of this year
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  • Article, Illustration
    Lock icon Greg Seow to head DBS Vickers
    685 1  -  Brokerage to have on-line and off-line arms; Vickers' Edmund Lee to lead off-line stockbroking Reports by Loh Hui Yin [SINGAPORE] Greg Seow, head of DBS Bank's wealth management group, is to become executive chairman of DBS Vickers Securities, the brokerage to be formed soon
    PHOTOS BY CHRIS LOH  -  685 words
  • Article, Illustration
    Lock icon DBS Sec chief to join Temasek Holdings
    412 1 [SINGAPORE] After helping DBS Securities merge with Vickers Ballas, Raymond Lim is moving on to a bigger task: helping governmentlinked companies become global champions. Mr Lim, who is currently DBS Securities managing director, will leave the stockbroking firm to take up a new
    412 words
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      94 1 prams Top Stories Fan in industrial output eases to, 13.2% in July. Next Pmgo Sing Tel gets all regulatory approvals for Optus bid. I Next Pmgm t Venture's interim net gain jumps 41%. Intraco in the red with $27m interim loss. P94 NZ govt will not buy shares in Air
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      45 1 I BT COMMENT Indonesia Buying a home now? inks neVV Renting is a better option Letter of Intent UeHanShlh PaeeB with IMF Climbing up the quality ladder BT's focus on ISO standards Page 13 Page 21, 23 Afe Unit/or singles scheme to stay, Pg 9
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      87 1 v 4BB^^^^^^^^^^^ECia£ianHSHB^TCß V s >v xj^aW. 1 W F.lWflff 1 .'i"i I Ifl^tf/W.^WP "°ji9|j[^^^9HBfIE^BESSHHB3NBBBBBBKBBI^SBI mSBSw aK i [J iJf|||^^^^^^^B^HH9fEß *x -i »w jft** y "'^gi^^ f 1 miß^, V I vj/ You never actually own a Patek Philippe. v^^^Bp You merely VHV look after it for the next generation. caiatrava
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  • NEXT page
    • Article, Illustration
      Lock icon Fall in industrial output eases to 13.2% in July
      625 2  -  on the economy Biomedical sciences output soars 67.2%, taking some pain ont of 32.7% slide in electronics production By Chuang Peck Ming [SINGAPORE] Some hopeful signs on the economic front at last? Apparently so. The fall in industrial output that started
      Source: EDB  -  625 words
    • Article, Illustration
      Lock icon SingTel gets all regulatory approvals for Optus bid
      640 2  -  Awaiting minimum 50% acceptances from shareholders By Teh Hooi Ling [SINGAPORE] Singapore Telecommunications has cleared all the regulatory hurdles in its Asl4 billion (Ssl3 billion) takeover bid for Cable Wireless Optus. It is now only awaiting the minimum 50 per cent acceptances
      FILE PHOTO  -  640 words
    • ON THE grapevine
      • Article
        Lock icon Truly global in its reach
        76 2 THIS is what being an international bank means. Saxo Bank, Denmark's most international bank, now offers information about the bank's products and services as well as online trading in 25 different languages to serve clients in 80 countries. Its multilingual site, www.saxobank.com, also provides investors
        76 words
      • Article
        Lock icon Action speaks louder than words
        78 2 FOR hardened Internet users who find flaming too tame, there's another way to make your point—with a groin kick. A downloadable game offered at www.battlemail.com mixes missives with martial arts. Pick six offensive moves, six defensive moves and, if you're feeling lucky, a victory cry.
        78 words
      • Article
        Lock icon Many (more) happy returns
        80 2 LAST Friday, Overseas Union Bank president Peter Seah turned 55. Besides the joy of celebrating yet another birthday, at OUB, it seems that turning 55 has a particular significance these days. OUB staff, we understand, can choose to retire with generous gratuity benefits once they turn
        80 words
      • Article
        Lock icon Long way to go
        50 2 LAST week, BT ran an online poll which said: Singapore should place emphasis on the domestic sector and not just the export sector. This is how readers voted: Yes, this will make the economy less vulnerable—34% No, the domestic sector is too small—64% I don't know—2%
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      427 2 mmmmaßmr niiirci'ir \~s.xu KPMGSeminarSeries Implementing Accounting Standards Wednesday, 19 September 2001,9.00 am to 6.00pm Copthome Harbour View Hotel What The implementation of the new and revised accounting standards in Singapore is a significant step in aligning local standards with International Accounting Standards (LAS). This seminar gives you a chance to
      427 words
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      10 2 Sing Tel IPO's high price seen as asset, Pg 7
      10 words
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  • Page 3 Advertisements
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      106 3 O OMEGA BUENA VISTA SOCIAL CLUB presents VMtfAa PORTUONDO ffoffaL" iII all It h I T1 ii i > MmHiß iilMtflßfMl ~*-fc i Am SRHHBBr A Kf .vr*. JMgi h ■Hp v BM^M^Hii^^Hßp jgggg^v |Bp 4 iISP m.-. w-. ttfcL tL v faWMfflr. "3 flk- j|^HHS&.^j^^^HXsi||§|§j|i& H| J 1 j|
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  • SINGAPORE companies
    • Article
      Lock icon Intraco in the red with $27m H1 loss
      298 4  -  By\ Ling Su Ann DRAGGED down by almost $20 million of provisions from the fall in value of DBS shares, Intraco has fallen into the red with a net interim loss of $27.2 million, against a profit of $15.9 million in the
      298 words
    • Article, Illustration
      Lock icon Venture's interim net gain jumps 41% to $55.5m
      528 4  -  Company aims to keep its Hewlett-Packard business by providing low-cost solutions By\ Serena Ng VENTURE Manufacturing yesterday surprised the market with a higher-than-expected 41 per cent leap in interim net profit to $55.5 million and its management said the company aims to
      ARTHUR LEE  -  528 words
    • Article
      Lock icon Bank mergers: And the winner is... ?
      747 4  - Bank mergers: And the winner is... STO3H lock siew angela tan ON the face of it, DBS Group looks like a loser after being trounced by United Overseas Bank in the battle for control of Overseas Union Bank to become Singapore's leading domestic lender. DBS, which made its bid in
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    • Article
      Lock icon TCIL interim profit up 43% at HK$192m
      425 4  -  Byi Christopher Tan NISSAN distributor Tan Chong International Ltd (TCIL) yesterday reported a 43 per cent rise in net interim earnings to HK1192.1 million (Ss43 million) on the back of vastly higher car sales in Singapore. Turnover for the Hong Kong-listed but Singaporebased
      425 words
    • COMPANY Briefs
      • Article
        Lock icon Comfort takes 15% stake in Taiwan firm
        139 7 COMFORT Transportation has agreed to pay $2 million for a 15 per cent stake in Transportation High Tech (THT) —a transport-related consultancy service in Taiwan. The move will see Comfort helping THT to start a satellite-tracked call centre operations for a fleet of
        139 words
      • Article, Illustration
        Lock icon Seksun posts 8% rise in gain to $4m
        145 7 DESPITE the weak economy, metal stamping company Seksun Corporation managed to turn in an 8 per cent rise in net earnings to $4.1 million for the year aided June 30, 2001. This was achieved on the back of a 36 per cent
        145 words
      • Article
        Lock icon Slight fall in S'pore Re's earnings
        57 7 SINGAPORE Reinsurance Corp said first-half3ool group ■et profit was slightly lower at $6.5 million from $6.6 million a year ago. Turnover rose to (31-5 million from $29.9 million. It said white its domestic portfolio expanded, underwriting profit fell significantly due to keen competition and
        57 words
      • Article
        Lock icon Straits trading's H1 profit 6.2% lower
        112 7 STRAITS Trading said first-half2ool net profit Ml 6 J per cent to $27.4 million. Turnover dropped 29.6 per cent to $53.13 million, mainly due to lower proceeds from the sale of short-term securities and a weaker performance from the hotel operations. The slowdown in
        112 words
      • Article
        Lock icon Lian Beng net drops 73% to $1.3m
        67 7 LIAN Beng yesterday reported a 73 per cent drop in net profit to $1.3 million. Turnover was $85 million, or 36 per cent lower, mainly due to continued slowdown of construction activities and stiffer competition which affected pricing and the value of con
        67 words
    • Article
      Lock icon SingTel IPO's high price seen as asset
      565 7  -  High PE ratio helps rather than hinders firm in acquisitions, analysts say By Teh Hooi Ling THE expensive initial public offer price of Singapore Telecommunications shares was not a stumbling block to the company's expansion, and may in fact have been an asset,
      565 words
    • Article
      Lock icon NZ govt will not buy shares in Air NZ
      623 7  -  PM Helen Clark hopes decision on ownership of Air NZ will be made by Monday By Beth Jinks [SINGAPORE] The New Zealand government has ruled out purchasing shares in embattled national carrier Air New Zealand, Prime Minister Helen Clark said yesterday.
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    • Article
      Lock icon Sale, Sabena in A319 purchase, lease-back deal
      359 7  -  Byi Conrad Raj SINGAPORE Airlines' 36-per-cent-owned associate, Singapore Aircraft Leasing Enterprise (Sale), is helping struggling Sabena with its restructuring by buying over one of its new Airbus A 319 aircraft and leasing it back to the Belgian carrier. Boullioun Aviation Services, which also
      359 words
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      1764 4 TAncHono Tan Chon 8 International Limited International (Incorporated in Bermuda with limited liability) INTERIM RESULTS MANAGEMENT REVIEW IT* Board of Director (the "BoarcT) of Tan Chong Ir.ternat.onal The Board is pleased to report a healthy set of results for the half-year Limited is pleased 10 announoethe flowing unaudited results of
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      446 5 Fujitsu Intel® Server PRIMERGY Multi-purpose Net-Appliance Platforms Net-Application Engines primergy TSI2S PRIMERGY 8125 *1 way server 1 way server Intel® Pentium® 111 Processor 933MHz/IGHz Intel® Pentium® 111 Processor 933 MHz Celeron m 766 MHz 12Q MB/4 GB 128MB/1.5G8 2x 9/18/36G8 SCSI 4 x 9/18/36G8 SCSI 2 x 40GB ,DE HDD
      446 words
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  • SINGAPORE markets
    • Article
      Lock icon Untitled
      288 6 smgrti ise„ 14.506.000 CyterVWSc 12,197,000 TPVUSlC.. 12,017,000 UntFood HK2SC #,075,000 Chart Semiconductor 26c 5,639,000 UOt... ..6,403,000 Asia 5,160,000 5,117,000 Pirtiwwy H 25c 4,687,000 GES tod lid 20c 4,407,000 uoe 00,004,800 0U8 33,277,750 DBSQrp .....27,902,422 Stomal 15c... *****,901 Chart OamlCcnductor 20c 27,103,020 24,724,500 Dataoraft 10c 19,004,190 0C8C 12,017,300 SPH 10,*****3 Omni
      288 words
    • Article, Illustration
      Lock icon Blue chips rise, but caution reigns in broader market
      618 6  -  -li comment STOCKS ven sreenivasan THE Straits Times Index yesterday enjoyed Its biggest gain in two weeks on selective institutional buying of oversold blue chips and bellwether stocks. But the broader market remained largely muted as investors continued to take a
      618 words
    • Article
      Lock icon Chartered covered wrt: sizing it up
      252 6  -  WARRANT WATCH By' Ven Sreenivasan ÜBS Warburg launched its Issue of some 1.2 million covered warrants on Chartered Semiconductor Manufacturing last Friday. Priced at $4.0728 apiece, each warrant carries a strike price of $4,266. This exercise price is based on 90 per cent of
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    • Article, Illustration
      Lock icon SGX faces upside test at $1.10
      245 6  -  HOT STOCK By Ven Sreenivasan SINGAPORE Exchange shares have been floundering for the better part of this year, in line with the the local equity market. It slipped 2 cents to $1.03 yesterday. A total of 2.7 million units changed hands significantly higher than
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    • Article, Illustration
      Lock icon US$ stages modest recovery on sharp Wall St gains
      505 6  -  -li comment CURRENCIES Comeback wu more fizzle than sizzle as it wasn't strong enough to challenge key retracement targets larry wee THE US dollar yesterday enjoyed a modest comeback especially against recent non-Asian favourites after last Friday's impressive Wall Street gains.
      Source: Reuters  -  505 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    2868 6 UNIT TRUSTS FUNDS Abirdufi Sllict Portfolio: China Opportunities Fdl** 0 883 0.928 Global MNCFd 0.660 0.694 Global Technology Fd!** 0.502 0.528 UK Blue Chip Ml** 0.713 0.750 American Opport Fd 0.753 0.792 Coot Euro EotyFdl** 0.9*1 1.031 Japan Eqty Fdl** 1.027 1.080 Asian Fixed Income Fd 1.099 1.133 Pacific Equity
    2,868 words
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      Lock icon Page 7 Advertisements Column 1
      43 7 #02-24 Raffles Hotel Arcade Singapore *****9 Te1:(65)336 3556 Fax:(65)338 5283 email:cyccustomshop(S>pacific.net.sg Sirvce 1935, we hav« been th« ftvourite tailor of distinguished stStCMMft, nip>ftnt royalty, yowtmnt Open: Mondays-Saturdays 10.30am-7.30pm Sundays ll.ooam-7.00pm Worldwide ordering and shipping fax or email us for fabric samples. *W Of»wm>»liHl(||^i^jp^fc|^^^^^H|^g^
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  • FOCUS property
    • Article, Illustration
      Lock icon Buying a home now? Renting is a better bet
      715 8  -  l-]|| comment PROPERTY URA figures are telling home-buyers to bold off their purchases at least for the next few years lee han shih IT is one of the great unspoken beliefs in Singapore: that it is far better to buy than
      715 words
    • Article
      Lock icon COO of CapitaLand Residential quits
      326 8 CAPITALAND Residential's chief operating officer, Stephen McMillan, is leaving the company after a nine-month stint. His departure comes as a surprise to property market players, a number of whom have not even had much opportunity to get properly acquainted with him. A Capita Land spokesman
      326 words
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      273 8 LTUAS AVENUE 2 Hi-Tech Factory for Immediate Occupancy JF ,■»>i|lll!* 7**-' j£J3^^^^^^HH^BSß9laiiKKi«Hßfcti£«»K^H^Bߧlif For further information, Land area 191,6265q ft Built-in area :171,860sqft piease contact: Tenure Bal 54 yrs (30+13+30 wef 16/3/1982) Dominic Peters Description A 2-storey office block with a 1 -storey factory and a part 228 6894 2/3-storey factory.
      273 words
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      14 8 To advertise your NOTICES simply fax: 741 1298 or Call tollfree: 1800 741 1883
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      407 8 nsnr©n Lianhe Zaobao I I Shanghai I I to spend I I billions I I world-class I I deep-water port I I ±*JJIS<ZARrS I I I nsn Qm Mi kmiM9 741 im ■I THE MATTER OF THE 00MPAMES ACT. CAP. 10 AND PI THE MATTER Of COFFEE JOBfT PTE LTD
      407 words
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      301 8 IN THE MATTER OP THE COMPANIES ACT. CAP.» SYDNEY CO SHIPPING SEBVICES PTE LTD (IN MEMBERS' VOLUNTABY LIQUIDATION) Al an Extraordinary General Meeting of the member! of the abovenamed Company duly convened and held at 13 McCallum Street. Kji--OVO4 Narweat Centre. Singapore *****5 on 22nd August 2001 ttac following Special
      301 words
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      381 8 PRIME INDUSTRIAL BUILDING AT LOWER DELIA FOR SALE Description An 8-storey bght industrial building Land Appro. 41,560 sq ft Built-in Area Appro*. 119,556 sq ft Tenure JTC 60 years weM 972 Remarks Within cioee proximity to CBD and easily accessible via Ayer Rajah and Central Expressway Soto Marketing Agent 224
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      129 8 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF CISERV SINGAPORE PTE LTD (In Msmtosn' Voluntary Ltqutdabpn) NOTICE OF FINAL MEETING NOTICE 13 HEREBY GIVEN that pursuant to Section 308 of tha Companies Act, Cap. 50, the Final Meeting of the members of the abovenamed
      129 words
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  • SINGAPORE news
    • Article
      Lock icon What's marketing in the new economy?
      556 9  -  m^xclusive It can be used to win the customer, talent and capital, says Hernia wan Kartajaya By Anna Teo WHETHER you're a company eyeing the global big league or a government out to garner your share of top-class talent, marketing is the name of
      556 words
    • Article
      Lock icon China can steer Apec to free trade goals: PM Goh
      275 9 China's experience in economic reforms is instructive Reuters CHINA'S economic transformation has placed it in a unique position to steer AsiaPacific countries towards free and open trade and investment, Prime Minister Goh Chok Tong said yesterday. "China's experience in economic
      Reuters  -  275 words
    • Article
      Lock icon Stuart Roberts named JLL Asia-Pacific COO
      433 9  -  Alex Wong assisting JLL S'pore MD with admin duties By] Kalpana Rashiwala JONES Lang LaSalle (JLL) yesterday confirmed some recent appointments and staff movements at its Asia-Pacific headquarters and Singapore office, which have been the subject of speculation in the industry. First, it has
      433 words
    • Article
      Lock icon Age limit for singles housing scheme to stay
      394 9  -  Govt doesn't want to encourage singlehood: Mah By, Andrea Tan THE government will not lower the age criterion for the singles housing scheme as it does not want to encourage singlehood, Minister for National Development Mah Bow Tan said yesterday. Under the
      394 words
    • Article
      Lock icon Singapore, China in the running for Mitsubishi plant
      247 9 SINGAPORE and China are in the running for a 10 billion yen (*****.3 million) plant to be set up by Japan's Mitsubishi Chemicals Corp but which country wins the project will depend on the supply of raw materials. There is limited regional
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  • Page 9 Advertisements
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      98 9 c samples. Then, when ifs done, they'll send it over. Of course, 1/ reason why CYC's been power dressing me for the last 5 years. ''<• *y V vfV: r_ I WBf EaabUtM m 19)5 j TV Custom Shop „'„r*l #02-24 R ffles Hotel Arcade Singapore *****9 Te1:(65)336 3556 Fax:(65)338
      98 words
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon S'pore power stations— answers needed
      682 10  - S'pore power stations answers needed iTTT4 bottom line OPINION ronnie lim The writer is BT's foreign editor COMING up next in power's Big Bang here —following the gradual opening-up of the electricity retail market to more sellers will be the sale, expected early next year, of government-owned power stations to
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    • Article
      Lock icon IN OTHER WORDS
      159 10 'People used to be too embarrassed to ask for doggie bags; not any more. They don't want to waste anything. They now will take home the smallest of portions.' -laqrlkaraack a US restaurant industry consultant, who notes that restaurants are reporting an increase in doggie-bag requests which
      159 words
    • Article
      Lock icon Insurance versus investment
      657 10 EDITORIAL AT a time of general economic gloom it is a remarkable feat that the insurance industry's sales hit $62 billion in the first half this year, compared to $1.7 billion last year. The key factor, of course, was the rush by Singaporeans to invest their Central
      657 words
    • Article, Illustration
      Lock icon Congress loses interest in US free trade push
      988 10  -  Without a TPA, the US could find its leadership position weakened at the next WTO negotiations in Doha in November From Leon Hadar The writer is BT's Washington correspondent in Washington THERE is a growing concern in the Bush administration and among
      AFP  -  988 words
    • Article
      Lock icon A cure worse than the disease?
      906 10  -  COMMENTARY Is it good policy to clean up a busted bobble by creating another one? By i Caroline Baum The writer is a columnist for Bloomberg News. The opinions expressed are her own. MOST economists agree that there is little monetary policy can do
      906 words
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  • MAIL bag
    • Article
      Lock icon Don't support failures blindly
      331 11  -  Chong Yean Yin Jacqueline-Fionna Singapore I REFER to your article "The art of being a successful failure" by Jaime Ee (BT, Aug 24). I enjoyed reading the article. It was hilariously satirical and to the point. I felt it served as a useful reminder that we
      331 words
    • Article, Illustration
      Lock icon Restraints on GLCs, NTUC needed
      267 11  -  Vincent Tan Chee Kian Singapore I WELCOME Prime Minister Goh Chok Tong's recent call on Singaporeans to be more self-reliant and enterprising like our forefathers. Over the years, the government has been too sympathetic to public outcries and to requests for it to do many
      FILE PHOTO  -  267 words
    • Article
      Lock icon Speed may be an obstacle
      80 11  -  Raymond Chan Kok Tong Sydney, Australia via Internet I REFER to your commentary "The mindset changes needed for a New Singapore" by Patrick Daniel (BT, Aug 21). I fully concur with Prime Minister Goh Chok Tong's speech on "mindset changes". Singaporeans must learn to think
      80 words
    • Article
      Lock icon Superior service our goal: OCBC
      115 11  -  Ms Lee Ee Ling Head, Strategic Marketing. Consumer Financial Services OCBC Bank WE refer to the letter by Lim Ek Heng, "Frustrated by OCBC's handling of home loan" (Mailbag, Aug 27). We would like to thank Mr Lim for his feedback and we apologise for
      115 words
    • Article
      Lock icon Go up the ladder in electronics
      133 11  -  Andrew Goh Soo Meng Singapore I REFER to your article "S'pore must not give up electronics: Insead don" by Anna Teo (BT, Aug 23). Thoughtful advice, but the dependence on electronics, and its limited application here, leads to huge costs in the development of
      133 words
    • Article
      Lock icon NUS first with Win XP? Upgrade hardware first
      118 11  -  Cheng Shing Chow Singapore I REFER to your article "NUS to be first in region to implement Win XP" by Tang Weng Fai (BT. Aug 23). It is commendable that NUS should try to keep up with the IT race. But as
      118 words
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      185 11 We welcome letters. E-mail us at or fax us at *****71, or write to: The Business Times, Times House, 390 Kim Seng Roed, Singapore *****5. Weneedyourfut name, address and telephone number, ao we can verify It came from you. name uaa temperate language, and bear In mind tibei laws. We
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      221 11 Drive through this hard times. Our monthly rental starts $950 Proton Wira 1.5 (M) 960 Mazda 323 1.6(A) $1180 Mitaubtohi Lancar (Naw) 1.6(A) $1680 Menda Accord 2-0 (A) $1760 Packaga mcbdat: Ml car rental aarvica. unkmun miaaga base mauranca. road tax. mvKmt. raplacamant car. H-hr roaduda assistance. datoery collactiofl tarwn
      221 words
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  • REGIONAL news
    • Article, Illustration
      Lock icon M'sian driver set for F1 debut
      261 12 AFP [LONDON] Malaysia's Alex Yoong is poised to make his debut in Formula One next month after being drafted in to replace Tarso Marques at European Minardi. Yoong has been granted a super-licence by motorsport's governing body, the FIA, after successfully finishing a two-day
      AFP; NSTP  -  261 words
    • Article
      Lock icon MPHB expected to give up control of Alliance Bank
      474 12  -  It plans to dispose of 32 per cent stake in Malaysian Plantations, the bank's parent: report From Eddie Toh in Kuala Lumpur MULTI-PURPOSE Holdings Berhad, which is controlled by associates of former Malaysian finance minister Daim Zainuddin, is set to relinquish
      474 words
    • Article, Illustration
      Lock icon Indonesia inks new Letter of Intent with IMF
      849 13  -  USssb aid package set to resume; deal seen as boost for Megawati govt From Shoeb Kagda in Jakarta AFTER a week of intense negotiations, Indonesia yesterday signed a new Letter of Intent with the International Monetary Fund (IMF), paving the way for
      AP  -  849 words
    • Article
      Lock icon Taiwan-China links benefit HK in long run
      477 13  -  Bat HE'S middleman role may be hurt in short-term: officials From< Audrey Tan in Hong Kong DIRECT links between Taiwan and China will affect Hong Kong's middleman role, but the longer-term benefits to the Greater China region will help Hong Kong, officials here
      477 words
    • Article
      Lock icon Prince Jefri comes home to creditors
      247 13 BANDAR SERI BEGAWAN Reuters, AFP BRUNEI'S hard-up Prince Jefri Bolkiah has returned home to the tiny oil-rich South-east Asian sultanate where he faces a civil suit from creditors for Bsl billion (Ssl billion). After an absence of three months from the country, Prince Jefri
      Reuters,; AFP  -  247 words
    • LATE Briefs
      • Article
        Lock icon MAS Q1 loss triples to RM414m
        76 13 Reuters [KUALA LUMPUR] Malaysian Airline System (MAS) yesterday reported its loss in its first financial quarter had more than tripled compared to the same period a year before and warned of difficult conditions ahead. MAS reported a net loss of RM413.8 million (*****.3 million)
        Reuters  -  76 words
      • Article
        Lock icon Advanced Info surges to 5-year high
        72 13 Bloomberg [BANGKOK] Thailand's Advanced Info Service pel, which serves more than half of the nation's mobile phone users, surged to a five-year high on optimism it will post a record profit as new monthly subscriptions increased by almost a fifth. Advanced Info, controlled by
        Bloomberg  -  72 words
      • Article
        Lock icon Hutchison in talks to buy 3G licence
        82 13 Dow Jones Newswires [HONG KONG] Hutchison Whampoa Ltd is in talks with regulators in Norway to buy the 3G licence returned by Finnish telecommunications firm Sonera, Hong Kong Economic Times reported on Saturday, quoting managing director Canning Fok in a telephone conference with
        Dow Jones Newswires  -  82 words
      • Article
        Lock icon New York Life now in Philippines
        66 13 Bloomberg [MANILA] New York Life Insurance Co, the second-largest US mutual life insurance company, began selling life insurance in the Philippines, part of a plan to expand in Asia and other emerging markets. The Philippine government, after relaxing rules on the industry in 1994,
        Bloomberg  -  66 words
    • Article
      Lock icon KL still has faith in privatisation
      259 13 KUALA LUMPUR Reuters, AFX MALAYSIAN Prime Minister Mahathir Mohamad said his government still has faith in privatisation but is more careful in implementing the policy after the failure of several privatised companies. "Privatised companies, like other companies, can fail, and a number of the
      Reuters,; AFX  -  259 words
    • Article
      Lock icon China shares hit by govt probes, poor earnings
      351 14 SHANGHAI A-shares at 15-month low as govt scrutinises accounts of listed firms Reuters CHINA stocks slumped yesterday as a broadening government clampdown on market corruption and a fresh batch of dismal corporate earnings pushed domestic Ashares to a 15-month low and dragged
      Reuters  -  351 words
    • Article
      Lock icon China slowing share sales to boost market
      353 14 BEIJING Bloomberg CHINESE regulators will slow the pace of share sales by listed firms to bolster a domestic market whose value shrank by almost a fifth in three months. The China Securities Regulatory Commission (CSRC) also plans to tighten rules to prevent companies
      Bloomberg  -  353 words
    • Article, Illustration
      Lock icon Big appetite for HK food firms with China exposure
      502 14 HONGKONG Reuters FEEDING China seems like the way to an investor's wallet, if the performance of Hong Kong food and beverage companies is anything to go by. This year, the stock prices of food companies with China exposure like instant noodlemaker
      Reuters  -  502 words
    • Article
      Lock icon Call to strengthen S'pore-Shaanxi ties
      231 14  -  By Eugene Low in Xian, Shaanri ECONOMIC links between Singapore and China's Shaanxi province are still insignificant and should be strengthened, Minister for Trade and Industry George Yeo said yesterday. Speaking at a seminar attended by Singapore and Chinese businessmen, he noted: "Singapore is interested
      231 words
    • Article
      Lock icon Taiwan's China move earns praise
      518 15 TAIPEI Bnt some politicians cantion govt about plan to expand ties AP, Bloomberg TAIWAN'S latest big shift in China policy got rave reviews from the stock market and business leaders yesterday, while some politicians urged the government to be careful with the new plan to
      AP,; Bloomberg  -  518 words
    • Article
      Lock icon Beijing seen welcoming wider Taiwan trade ties
      176 15 BEIJING Reuters TAIWAN'S moves to broaden commercial ties with China are likely to receive a cautious welcome from Beijing, which hopes deeper economic links will help realise its goal of reunification, analysts said yesterday. China's Ministry of Foreign Affairs, Ministry of Foreign Trade
      Reuters  -  176 words
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      1165 12 THE STRAITS TRADING COMPANY LIMITED (Incorporated In Singapore) (a) The Directors have declared a first interim dividend of 2 cents per share (2000:2 cents) less Singapore ncome tax at 24.5 V r respect of the year ending 31st December 2001, payabte on 9h October 2001 to shareholders on the share
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      624 12 r TECKWAH INDUSTRIAL CORPORATION LTD (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN THAT on Extraordinary General Meeting ("EGM") of the Company will be held at 25 POndon Crescent, #05-15 TIC, Singapore *****7 on 12 September 2001 at 2.30 p.m for the purpose
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      71 13 THE MONETARY AUTHORITY OF SINGAPORE Results of tender for taxable book-entry Government Bond 2001 due 1 Sepember 2016 to be issued on 3 September 2001 Tenor approx. 15 years Amount Offered Allotted 552,200,000,000 Amount Applied 554,216,172,000 Interest/Coupon Rate 3.750% p.a. Average Yield Price •S, on Allotment 3.85% p.a. and 98.869%
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      158 13 H PeopieSoft Customer Relationship Management is about knowing what your customers want even before they do. P By tracking your customers' behaviour and history, People Soft's new generation of e-business CRM applications gets information into the hands of the people in your company who need it, when they need it.
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      7 13 Taiwan's China move earns praise, Pg 15
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  • FINANCE
    • Article
      Lock icon Futures rally, tracking cash market
      308 14  -  ST tadflv/MSCI S'pore Index C K Lau Refco Singapore SINGAPORE shares surged yesterday, following rallies in US markets after the positive outlook painted by Cisco Systems last Friday. The benchmark Straits Times Index surged to 1,644.95 points, a gain of 20.34 points, or 1.25 per
      308 words
    • Article
      Lock icon Futures end 2.2% up after volatile trading
      228 14  -  MSCI Taiwan Index Daniel Wong Refco Singapore TAIWAN stocks soared yesterday after a government-ap-pointed panel urged direct transport links with China and easing of investment restrictions with the mainland. The MSCI Taiwan Stock Index rose 4.64 points, or 2.32 per cent, to end
      228 words
    • Article
      Lock icon CURRENCY REPORT
      235 14 Reuters London THE US dollar rose against the euro and the yen yesterday, notching up gains of over half a per cent against the single currency after a sharp rally in the US stock market last week fuelled optimism over the US economy. US stocks on Friday staged
      Reuters  -  235 words
    • Article, Illustration
      Lock icon Untitled
      1166 14 PWHKBAMEOOSSKATBg Aug* Ctt;R VtoJwiA IS J AS C$ lw F* Om m MhNM Tan Wm 1 B)Mh Nm S$ lit Wl N1 US$ Australia 016 4.405 0.583 3.824 LMO 4.140 2100 44.TT5 0.639 6.7% 2.017 1209 33.947 27.135 0.928 4444 1806 *264 2190 0268 OS* Canada 1223 5.386 0.713 4476
      1,166 words
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      2514 15 Notices 6 THE SIAM COMMERCIAL BANK PUBLIC COMPANY LIMITED AND SUBSIDIARIES Head Office: 9 Rutchadapisek Road, Ladyao, Jatujak, Bangkok *****. Tel: 544-1111. Annual Report For The Year Ended December 31, 2000 ASSETS 2000 LIABILITIES AND SHAREHOLDERS' 8,961,541,649 EQUfTY INTERBANK AND MONEY MARKET DEPOSITS ITEMS Deposits in Baht 572.355.551.381 Domestic items
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  • BIZ woman
    • Article
      Lock icon Swiss woman to take on money launderers
      440 16 Dina Balleyguier helped trace accounts linked to late Nigerian dictator Sani Abacha Bloomberg [BERN] SWITZERLAND, bidding to revive efforts to crack down on money laundering, named the woman who helped trace the late Nigerian dictator Sani Abacha's US$66O million in Swiss bank accounts
      Bloomberg  -  440 words
  • Article
    Lock icon COMMODITIES
    1788 16 8IC0M FUTU1U8S Aug 27 itlBBEl (Marcs doM« m at SJQpa) RSS1 CONTRACTS cwtsAqJ Clm VoMm OpM MowUi IN I— Satt (tw») frternt Sep 01 »2-50 Oct 01 ***** Nov 01 105.50 Dec 01 106.50 RSS 3 CONTRACT (US cwts/hD OpM Moat* Mgh Law Sett (toMQ>) IMwt Sep 01 57.00
    1,788 words
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      181 16 jMk S^ $M i iniliiT7Binj7WnT«il Jiin JiiTliTrniTiiTminaiTTTtiiiiiig^B f mil r >•,- *> o. Jt AW £j 1: ,->.,■ v. -.y t.'2--' *"-''s&!?*<- 1 „*->-&<£*? -t v •> liHlßßteNii B w tW h < pj rjf| 1 Kft JBn Hilton Dinner Theatre j presents another British comedic masterpiece by Michael Pertwee
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  • Page 16 Miscellaneous
    • Miscellaneous
      Lock icon Page 16 Miscellaneous Column 1
      349 16 CRYPTIC CROSSWORD ACROSS 3 Departs within days from Rome fi jT~~ [3 R HfS I fIHH? 1 Its reported that bulfighter may (4) opt tor an easy way out.. (7) 4 Depending on new retail outlet 5 ...thecheekofthetotowt(4) (7) pH 9lt doesnl pay on demand. (9. 5 Body of speleologist
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  • WORLD news
    • Article, Illustration
      Lock icon Toshiba expects record 115b yen loss
      525 17 TOKYO It confirms 10% job cuts, mostly in Japan; will close 6 of 21 domestic plants Bloomberg, Reuters TOSHIBA Corp, the second largest chip maker, will cut 10 per cent of its global workforce or about 18,800 jobs, and will streamline its sprawling industrial
      Bloomberg,; Reuters; AP  -  525 words
    • Article
      Lock icon Nomura execs in two camps over expansion
      362 17 TOKYO Some mull tie-up with Lehman, Dresdnen report Bloomberg NOMURA Securities Co executives are divided over whether Japan's biggest brokerage should expand overseas or keep a domestic focus, the Financial Times reported, without citing sources. Some executives favour an alliance with a US
      Bloomberg  -  362 words
    • Article
      Lock icon US and greenback still investors' favourite despite IMF warning
      557 17 TOKYO Investors more optimistic about US alter Fed trimmed rates for 7th time Bloomberg, Reuters A REPORT from the International Monetary Fund (IMF) saying the US dollar may suffer a "sharp depreciation" made investors look for better returns elsewhere. What they
      Bloomberg,; Reuters  -  557 words
    • Article
      Lock icon Euro could cause turbulence in eurozone: Milton Friedman
      212 17 ROME Reuters THE European economy should be able to survive the effects of a US recession but the 12-na-tion eurozone could be in for a turbulent time because of the euro, Nobel prize-winning economist Milton Friedman said yesterday. In an interview with
      Reuters  -  212 words
    • Article
      Lock icon Intel starts selling 2 GHz Pentium 4 processor
      347 17 NEW YORK Reuters INTEL Corp, the world's largest maker of microchips, yesterday said it had begun selling a Pentium 4 processor that runs at two gigahertz, or two billion cycles per second, marking the doubling of the speed of computer chips in
      Reuters  -  347 words
    • LATE Briefs
      • Article
        Lock icon Investor optimism very low: survey
        104 17 Bloomberg [NEW YORK] Even as optimism about US stocks rose slightly from last month's all-time low, investors trimmed expectations for returns, according to a survey by ÜBS PaineWebber Inc. Investors expect stocks to return 9.4 per cent over the next 12 months, down from the
        Bloomberg  -  104 words
      • Article
        Lock icon US to cut tariffs on Korean steel
        97 17 Bloomberg [SEOUL] US tariffo on some Korean stainless steel will be cut as much as four fifths next month after Washington foiled to convince the WTO that the goods were sold below cost, or dumped, an official said. Starting Sept 1, the US
        Bloomberg  -  97 words
      • Article
        Lock icon Microsoft to delay console launch
        75 17 Reuters [TOKYO] US software giant Microsoft Corp said yesterday It would delay the Japanese launch of its Xbax game console to Feb 22 from an initially planned debut late this year. While the delay means Microsoft will miss the key year-end shopping season in the
        Reuters  -  75 words
      • Article
        Lock icon Acer reverses earnings forecast
        64 17 Bloomberg (TAIPEI] Acer Inc reversed its earnings forecast, saying it will poet operating losses in the second and third quarters as customers such as IBM place fewer orders. The Taiwan company is "certain it will make an operating loss in the second and third quarters," said
        Bloomberg  -  64 words
      • Article
        Lock icon British firms to review women's wages
        56 17 Reuters [LONDON] Nine of Britain's biggest companies have said they will review the pay and conditions of their female workers as part of a government review to reduce the salary gap between men and women. The government's review is beaded by Denise Kingsmlll, deputy
        Reuters  -  56 words
    • Article
      Lock icon HIH subsidiaries ordered to liquidate
      535 18 SYDNEY Insurer's debt of np to As&3b will not be repaid in full; first repayment seen to be 2 years away Reuters, Bloomberg THE Supreme Court of New South Wales yesterday ordered the winding up of HIH Insurance Ltd's main subsidiaries, hammering a final nail
      Reuters,; Bloomberg  -  535 words
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      Lock icon Money laundering probe may lead to Putin, says report
      251 18 WASHINGTON AFP A EUROPEAN investigation into alleged money laundering by a manager of a joint Russian-German venture could cast a shadow on Russian President Vladimir Putin, who served as its director, Newsweek magazine reported. The probe is focusing on the St
      AFP  -  251 words
    • Article
      Lock icon Fund set up to unlock dormant Japanese patents
      355 18 TOKYO Firms, universities believed to have many idle patents Dow Jones Newswires A GROUP of Japanese companies and Boeing Co are investing in a three billion yen investment (5548.8 million) fund designed to help unlock dormant patents at Japanese companies and universities,
      Dow Jones Newswires  -  355 words
    • Article, Illustration
      Lock icon Lindsey: tap social security funds if recession hits US
      575 19 WASHINGTON But Bush economic adviser says he expects robust growth next year IHT WITH partisan temperatures rising over the fast-disap-pearing federal Budget surpluses, the top White House economic adviser said on Sunday that in the event of a recession he would
      IHT; AP  -  575 words
    • Article
      Lock icon Fewer US firms to hire workers
      304 19 WASHINGTON Bloomberg THE number of US companies planning to add employees in the fourth quarter slumped, approaching levels typically seen in recessions, a private survey showed. The survey of 16,000 businesses by Manpower Inc showed that 24 per cent plan to hire workers during
      Bloomberg  -  304 words
    • Article
      Lock icon JP Morgan begins 3rd round of cost-cutting
      343 19 LONDON More layoffs expected as other banks take its cne FT INVESTMENT bankers returning from summer holidays this week face the prospect of Job losses and bonus cuts, with JP Morgan Chase becoming the latest to wield the axe. JP Morgan has begun
      FT  -  343 words
  • Article
    Lock icon STOCKS asia
    7309 17 HONG KONG v« jgw mtf room AcrossAsia Multimedia 1.46 -0.02 0 Alpha General 0.03 uneh 4296 AmoyProp B.75 0.05 1006 Ananda Wing On 0.t0 uneh 8130 Angang Htm Steal H 0.81 -0.02 ***** Anhul Conch H 1.65 -0.07 1584 Anhul Expressway H 129 -0.07 1510 Arconteeh Corp 1.06
    7,309 words
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      175 18 §1 Vir |u 488 Upper East Coast Road I Singapore 4M520. Spring Court W: 449 so** W PeldnsPß K Duclt 1 u, k .one suckling ptg abaloae want vegj Where to wine, dine and entertain...""'? Definitely the first card in the world 290 4545 Select from our extensive a la
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      26 18 With every order a local or western delight [[{J tfroni $6.90+ you get to enjoy a sumptuous spread o\ sateds and dessector an additions $3.oo+++ only
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      Lock icon Page 18 Advertisements Column 3
      60 18 EEKP A Y Set Lunch $9.50 Mod French Onion Soup Seafood Skewer Tuo Cream Of Mushroom Port Rto Wed Cleer Vegetable Soup Beef Goutah Thu Seefaod Qumbo Porte Ptocato Fri Craam Of Tomato/FWi Of The Oay French Bistro, Cozy Ambience. Oyster, Salmon, Escargot Apple Pie Reasonable Price Friendly Services. Rsvn:
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      31 18 French Bistro, Cozy Ambience Private room for up to 36 persons Lunch, Dinner, Champagne Oyster Party Reasonable Price Friendly Services Rsvn: 835 0238 Specialists' Shpg Ctr, #02-38 (Orchard Rd. Somerset MRT)
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      Lock icon Page 18 Advertisements Column 5
      46 18 TjyjjpK ■^3yjß!kSE39^^y Enjoy Authentic VIETNAMESE FARE at Chatterbox Coffeehouse 29 August 9 September 2001 A-la-carte and set menus at $28*+* per person are available for lunch and dinner daily. CtlfctlwaM Ut Hmi |U op r 333 Orchard Road SHMm 2366*7 1M: *****11 Fax 7J2 2 M>l
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  • Article
    Lock icon SGX clob
    2187 19 BOMBS A WARRANTS Aug 27 w*m pm/ u+y U M LaaC Ml tar Um Um mm tmm U, Cawjaay I* <r C668> I— w *1" 1——» Mw (%> -artan 395 26 A5TI W*****1 30 13 T9 JO 21 2« 30 26 24.4 1 T 143 34 47.S 13.5
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  • e News
    • Article
      Lock icon IBM creates computer circuit from carbon strands
      392 20 NEW YORK First logic circuit made of a single molecule NYT IN another step towards post-silicon computers, IBM scientists have built a computer circuit out of a single strand of carbon. The IBM circuit performs only a single simple operation flipping a "true"
      NYT  -  392 words
  • Article
    Lock icon STOCKS sgx
    7920 20 SGXMAMBOARD Gr fir M HI 52-Wk Lad Val Day UM Qaota 0t» M« VM MM Of HI# Lew Cinpwi Sate W- C—t 16* I— Buyer Ckr PH M Mb MULTI-INDUSTRY 143 35 c AcmaSOc 36 unch 144 37 36 3S.5 36 as 19.9 0.7 9 5 625 36
    7,920 words
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  • THE ISO EDGE
    • Article, Illustration
      Lock icon Towards an integrated system
      995 21  -  ISO's documentation work doesn't assure business quality. What counts is a holistic system integrating tne individual systems for segments like quality ana occupational health. Reports by rachel ong RACHEL ONG QUALITY and an International recognition of standards matter, so much so that some companies pursue them
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    • Article
      Lock icon ISO explained
      498 21 WHAT'S in a number? Plenty, if you want to know the difference between ISO 9000, ISO 9001, ISO 9003 and ISO *****. First things first. The ISO standards represent an international consensus on what makes good management, with the aim of ensuring that the organisation can deliver the
      498 words
    • Article, Illustration
      Lock icon Turning up the heat
      743 23  -  With better chances of winning bids after its first ISO award, thermal insulation specialist Enercon Engineering is upgrading its certificate to the 2000 version in order to cast its net wider, reports grace nc GRACE NG THE construction industry may strike the lay person as a
      PHOTOS BY ARTHUR LEE  -  743 words
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      Lock icon Resistant to stagnation
      678 23  -  Staying ahead of the game through strategic planning ana upgrading is the mantra of Corrosion Proof Construction's Dave Loo, reports GRACE MG GRACE NG THINKING ahead is what makes Corrosion Proof Construction (CPC) Asia resistant to the pressures of competition. For Dave Loo, who juggles the triple
      ARTHUR LEE  -  678 words
    • Article, Illustration
      Lock icon ISO led to unearthing of intangible benefits
      559 23  -  Construction firm Swee Hong discovers that the biggest result of ISO is that staff became more responsible about their work, bryam lee reports BRYAN LEE ACHIEVING ISO 9002 certification was a quick and smooth process for family-run Swee Hong Engineering Construction. Just eight
      CHRIS LOH  -  559 words
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      78 21 C a liini PT. SANYO Energy (Batam) Corporate Lot 11, Batam Industrial Park, Mukakuning Batam Island, Indonesia Tel: 62-(0770)-*****1 Fax: 62-(0770)-*****8 CERT. NO.: ADAMPAK PRINT PTE LTD H QS MjH Tel: 747 9922 Fax: 743 4720 JH Wll Email: adampakloaingnet.com.sg pi AC /O PTF ITn adampak Website: www.adampak.com V.A/VI rLA3
      78 words
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      381 22 FIRST ENGINEERING As, b IQNet z I 1/C^P)\n FIRST ENGINEERING LIMITED j|M 26 Woodlands Loop, First Engineering Techno Centre, Singapore *****7 SSRgrv: *£££<££* Tel: (65) 756 8776 Fax: (65) 756 3619 Internet: fepsin@pacific.net.sg A A Website: //www.first-engr.com.sg Email: info@first-engr.com.sg CCMT Qft>tCM-t-0004 .Another Step fonBS For Fwst': Engineering f N M
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      109 24 I II I J I 1 i piim mi) I I I *)*t*«*to«U IS) PteAd f WSSm v.-. pgtfci' JKg|Sls k^H«| I" i.BßiliTß^B»^dßß* A Ms-?-\BB^^I i ■■H «i LflßßGH?iS3^m^H 1 tbp^S 111\\i fl M^Hi life- 17" i* HHBBMMHiiIIiI S" •>-»"- 4 r BH^H^BH^HHHHK Special I 1 By 3 M^"4l#-* fff?
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  • CAMPUS life
    • Article
      Lock icon TMC opens Shaanxi college, eyes more provinces
      266 25  -  From Eugene Low in Xi'an, Shaaiuri LISTED educational services provider TMC International Holdings, which opened its first college in China's Shaanxi province yesterday, aims to set up colleges in at least four other Chinese provinces soon. The move is part of a plan
      266 words
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      Lock icon Making the right move
      833 25  -  Picking the "perfect" subject combination at US colleges can be quite daunting, reports grace mo GRACE NG THE greatest restraint on freedom of choice, as some have'discovered in US college education, is having too much choice. For Singaporeans especially, having been bred in the confines of
      FILE PHOTO  -  833 words
    • Article
      Lock icon Keeping step with the march of time
      622 25  -  postfSTffl from london By Lynette Kuang LynetteKuang is a second-year law student at the University College, London (UCL) TIME and tide waits for no man. Embedded in this cliche is a dose of harsh reality which I found out over the past few
      622 words
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      1155 25 M THE MATTER Of THE COMPAMES ACT (CHAPTER 90) AND THE MATTER Of GLOBAL ENTERPRISE PTE LTD Rn CradMort' Voluntary liquidation) Extract of the mnutee at tie Extraordnary General Meetng of mentors of Global Enteipnse Pte Ltd convened and held at Singapore Exchange 20 Cad Stoat #12-02 ft 03 Singapore
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      189 25 Pacific Maritime 2001 MmVP l '/f The Premier Maritime Event 7 < Oct# out to vital markets wrth Shipping Tiroes. the Official Newspaper Asia Pacific Maritime, one of the shipping industry's I most prestigious events, is all set to sail into Singapore uj from 5 to 7 September 2001. And
      189 words
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  • KNOWLEDGE economy
    • Article, Illustration
      Lock icon Empowering the employee
      1798 26  -  dowxic omn explains why in tough economic times companies should not stop investing in knowledge management DOMINIC O'RILEY The writer is vice-president, Asia Pacific, for knowledge management company Peregrine Systems IS knowledge management passe? Yes and no. But employee relationship management (ERM) or empowering the employee is
      FILE PHOTO  -  1,798 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      257 27 Reuters THE Baltic Dry Index (BD1) fell seven points to' 961, the Baltic Panaraax Index (BPI) lost two points to 986, the Baltic Handymax Index (BHI) shed 14 points to 7,746 and the Baltic Capesize Index (BCD was down 17 points to 1,085. TUB-CHARTER! ♦Global Victory (built 1996)
      Reuters  -  257 words
    • Article
      Lock icon MARITIME STOCKS
      258 27 imf w cwr Distribution..—0.53 uncft Chuan Hue 0.32 uncft 3f» Co*olnvo«ma«t._0.22 uncft 390 Freight L«l 0.07 -0.01 53 oa itiiami 0.52 -ou» 5 MCllaMn+l HK 5.60 MKtl 0 JayaHpttngi 0.15 uncft 0 KW«C«P 3J0 O02 253 Kappa<FELS 1.52 WNd 0 Kappat Marin* 0.19 0.01 0 mhmtm i.oo ooi
      258 words
    • Article, Illustration
      Lock icon Throughput at Hutchison global operations up 5%
      494 27  -  Declines in HE, Shanghai, UK more than offset by growth at Yantian ports, other ports acquired last year By\ Donald Urquhart [SINGAPORE] Hit by the economic slowdown, the world's largest private port operator, Hutchison Port Holdings (HPH), turned in mixed halfyear results for
      HUTCHISON WHAMPOA  -  494 words
    • Article, Illustration
      Lock icon Australia refuses entry to vessel which rescued refugees
      517 27  -  Captain threatened by refugees; ro-ro forced to anchor in intl waters By Beth Jinks [SINGAPORE] A Norwegianflagged ro-ro en route from Fremantle to Singapore has been refused re-entry into Australian waters after rescuing 438 refugees stranded near Indonesia. The captain of the
      517 words
    • Article
      Lock icon Logistics industry will see more mergers, conference told
      256 27 Reuters [SINGAPORE] The logistics industry will see more mergers and acquisitions, but issues of coordination and managing global supply chains will remain key concerns, experts on the sector told a conference in Singapore. "You will see more mergers because people do want
      Reuters  -  256 words
    • Article
      Lock icon Pan United bags more orders for supply vessels
      428 27  -  Yard to bnild two 64m anchor handling supply vessels for Swire Pacific Offshore By Beth Jinks [SINGAPORE] Singapore's Pan United Shipyard is making the most of the present buoyant offshore industry expansion in Asia, announcing another two newbuild orders. The Singapore-listed company,
      428 words
    • SHIPPING news
      • Article, Illustration
        Lock icon S'pore leads the way for shiprepair industry: Drewry
        759 28  -  DOCKYARD By David Hughes ACTIVITY at Singapore's shiprepair yards is the key factor in world shiprepair prices, according to new research from UK-based Drewry Shipping Consultants. In the company's latest report, "Global Shiprepair Market Outlook to 2005", Drewry says that the repair
        FILE PHOTO  -  759 words
      • Article
        Lock icon First-half container volume down at Taiwan ports
        349 28  -  By P T Bangsberg TAIWAN'S ports suffered an unusual drop in container cargo volume in the first half, which officials attribute to dwindling import and export trade resulting from a sluggish world economy. Total container throughput at Keelung, Taichung and Kaohsiung in the
        349 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      156 28 PACE Appm* 5 Assets 5 BSA 7 BlangMas 6 •con r CMACGM 3 COSCO 3 CotooylOfl 5 Cotantas 6 Central Ei 6 CMMSDM 5 Cougar 7 i CWTGtobeto* 7 MMS 4 DjakUoyd 6 Doogmma 3 ECl 4 ECU line 5/6/7 Emgreen 6 FoongSw 5 FUUM 7 GUnk
      156 words
    • Article
      Lock icon SHIPPING GUIDE
      5716 34 THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone SIH DasTa Name Maw Number Number Jo ABIDJAN (ABJ) 2003 Cote D'lvolre 05/W C0SC0 EMPRESS PHOENIX 0107* *5-*****00 10/09 13/10 Mini HYUNDAI FREEDOM 302* *5-*****44 10/09 M/10 Kiwi Hung HARMONY CONTAINER HR104S 45-*****33 To ADELAIDE (ADU 2007 Australia 04/09 21/09
      5,716 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        622 35 Vtal Voy Wo NftO AffWX Dtporturt r s*c«j 27-«M 27/08/7:45 27/08/1750 It Jni Rim ***** JOI 27/08/850 27/08/2050 Zuumrnb 357 J23 27/08/750 28/08/2050 tadflr (JM 880 J24 27/08/830 JQ/08/B50 WBU,, imoi *2 unwas n/06/2250 brsMtcma "1206 J02 27/08/750 27/08/1650 id* hrtra H JMM03 J02 27/08/935 27/08/2350 DtaMOMfel JKN02
        622 words
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        Lock icon CONTAINER SCHEDULES
        1752 35 RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO Booking/Manet btls Ship voy Mo Ett/Btr Hho4 fnm To Frw •a DAHU* 03W 20/20M 24/800 24/7*00 Ik 24/1700 27/045* 2f H/TTOO 27/045* i nmm nim nnm n/Bio 27/mw 27/irw 4C1 fr [S a .'6.T0C r/o*5* ."woe j rr/woo 27/w* wmm
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        Lock icon GLOBAL HOLIDAYS
        187 35 Aagut 31 Malaysia: National Day Philippines: National Heroes Day ■Uliwfcir 2 Vietnam: National Day IlillwlH 8 Canada: Labour Day Vietnam: National Day Holiday gipflw 4 United States: Labour Day hpMtarlß Japan: Respect for the Aged Day Mexico: Independence Day Oittiml ir 23 Japan: Autumnal Equinox Day South Africa:
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        Lock icon COCKETT BUNKER MARKET REPORT
        796 35 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges In US dollars Instead of single prices for a more comprehensive description of the market Prices shown are baaed on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the
        796 words
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        Lock icon VERITAS BUNKER QUALITY REPORT
        417 35 C-rta. HO Mm *J U OJT W 0J»3 DMiltf n«t*f kiMi Ask -nmtr-i- 'll Ho alOW 125 0 S 0 0 380 Aw NU U Si OA 002 *,2 380 MB 990J 0.7 10.4 0.00 40 (UN M/Wl M/H WW —OX Ihiwttg 0 0 2 0
        417 words
    • AIR & LAND transport
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        Lock icon Thai Air's internal conflicts causing its losses: Thaksin
        337 36 Flight to S'pore delayed due to dispute between pilots, flight manager Bloomberg [BANGKOK] Thai Airways International, the state-con-trolled carrier, is losing money as too many internal conflicts are resulting in the airline's inefficiency, Prime Minister Thaksin Shinawatra said. Mr Thaksin's comment comes
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        Lock icon S Korea, Germany to increase air cargo, passenger flights
        259 36 SOUTH KOREA* AVIATION [SEOUL] South Korea and Germany agreed to lift air cargo restrictions between the two countries and offer more passenger flights on the SeoulFrankfurt route, the Korean Ministry of Construction and Transportation said. Government officials from the countries signed
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        Lock icon FAA team heads for S Korea to discuss improving air safety
        527 36 Visit comes after Korea's safety rating was lowered Reuters [SEOUL] A US aviation safety team arrives in South Korea this week to discuss improvements two weeks after Korea's safety rating was lowered, disrupting local airlines' US service plans and
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        Lock icon Swissair expected to post H1 loss of 200m francs
        400 36 ADUJME PROFIT FORECASTS Reuters (ZURICH] Swissair will report an operating loss of about 200 million Swiss francs (*****.1 million) for the first half of 2001 as it struggles to extricate itself from a disastrous foreign expansion strategy, Swiss Sunday newspapers said.
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        Lock icon Air India sharply lowers profit forecast
        254 36 Reuters [NEW DELHI] State-run international carrier Air India is expected to post a net profit of up to 250 million rupees (558.75 million) in the year to March 2002, the Press Trust of India (PTR said. "Air India has recorded a net profit of
        Reuters  -  254 words
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        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1509 36 cm iuw m n—r o» UMk M229 2230 DM3«0 2230 mat am MaMM MD MS IMN W *IU7 MB IUM 2255 MM IMS MMta M HMllil MM MB MM CM MM IMW me BOM 2MB *223 H00 S02C5 2045 sout2 mo K42M 2045 MM MM MM
        1,509 words
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      262 27 Dockyard: S'pore leads the way for Pg2 Thai Air's lateral ceaflicts causing Its losses: Thaksin BackPg Conferences Events i J IC0PCE2001 The International Chemical and Oil a Pollution -Conferenceand '"-JllijLa*.Exhibition will be held at the Shangri-La Hotel f 1 from Sept 3-4. Experts from international organisations, including the IMO, l
      262 words
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      573 28 NORTH AMERICA QULFIINDtA SUB-CONTINENT |BUP6B 9HUTTLE EXPfWW |88X) ~1 fOULf KAMCW BWPI (OKX) VBSa I VOT L 6» I Sw m VBSB I VOT KA 1 D— loaMMi SIW3I IS/* M/M PtO MBXIOTD MALACCA 141 M/M 13/ M M/M M/M OOQ KTHB LANDS 30W33 M/M M/M "/M PtO NBUOTV RtO
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      560 28 Unas services represented by tf A Members of the Registry of Accredited Shipping Agents, Singapore Shipping Association Members of tbe Singapore Logistics Association gg ULY UM MAIA Ivnsa Tvoy Tiu Tiu m p.kian6 sro« mm Empress Lity VO7Ol 05/09 06/09 13/09 Princess Lily VO7Ol 22/09 23/09 30/09 Empress lily VOBOl
      560 words
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      626 29 V/ J yj BjMEjt sBBBHHIfiBKI3I^BIi£iA3Lin^^BC^B^BB>£MBMMBP TO USA (SAX SERVICE) VESSEL VOI SiEU LAX OAK PAL HOP CHI COt HIM Ml NTt apicyphne io4i 20/o» 13/00 io/oo u/oo i»/oo i»/w 10/00 u/oo 20/00 20/00 api nun 05/w 20/00 25/00 25/09 25/00 25/00 20/00 25/00 27/00 27/00 APLHOUANO 1021 12/00 27/00 02/10
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      1922 29 ft AMI 1/1: 10 NTS JDMUI > 1/1112 MVS W AOAAA 1/11 IS MRS J GENERA! AGENTS IN SINGAPORE: 80 ROMNSON RD #12-00 SALES/IMS TIL *****57/43 FAX; *****21/71 MALAYSIA 0»FK1 PASIR GUDANG TELO7-*****44 FAX: 07-*****70 COSTAB SHIPPING PTE LTD SUGAfOtI 0411*8 OUmUtD(B/U *****0 i *****25/75 POCTUANG 03-*****433 03-*****448 on- llfimSM
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      1109 30 C SENATOR LINES TO EUROWE TP MPPLI iAST/WAN/RH) SEA wsa Ivw lan s\ m 1"" I—v I Ml |w|i|i>|w|«|w rWOWSaMTW WltW ItJt ItJt I7M ItJt ItJt lt.ot AM MMM WltW lIjM UK II Jt IMt ItJt HMUN UVtMUM WWW KM HJt n.M »Jt II J* UM AISAAAMA WltW WJt ISjM
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      654 30 Ai|MAC-NELS S'PORE M'SIA Carrier MM CONTR LINES, WC p.qudang:fonr)mpm f\V J cm mtk laoOTTSOOOM SOU: (064) *****8 MAMLA: (632) *****30 PENANG: (04) *****36 BANGKOK: (882) *****67 SURABAYA: (31) *****11 P. KELANG: (03) *****77 JKT: (21)*****46 KUCHMG (682) *****1-3 NAGOYA 1 AARHUS MV "HOUSTON" V.***** MV "OOCL FORTUNE" V.95W35 ETA SIN:
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      372 30 WEEKLY EXPRESS SAILING SCHEDULE WESTBOUND TO; COLOMBO A NHMM SHRM (CFS MULUND. MUMBM) ALSO ACCEPTMG TO ALL NORTHERN ANO WESTERN CO POMR! vßsanuH Ivor kpoM|aMMria.a«M>l conmcmm |g—at" vshka vslmmow NAZUMOMBS MM 03SP IJSP MMNB M6SSVPI MKdMMB ni» m Mfosa samr iisp n» mum mm wnum SMMTIIM BS lAHAMAIORBS MM I7SP
      372 words
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      1337 31 Iv—cm VQY KHH MKO I SIN I Pttl DX» 4A4 DMM Mt RANIMUN PCI-222 24/04 29/01 01/09 02/09 09/09 10/09 12/09 14/09 MAN PCI-223 04/09 05/09 04/09 09/09 16/09 17/09 19/09 21/09 MAN KERMAN Pd-224 11/09 12/09 IS/09 16/09 23/09 24/09 26/09 24/09 MAN ISPAHAN PCI-225 14/09 19/09 22/09 23/09
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      349 31 UK CONTINENT SERVICE Loacftngfor NAZLJ G RDM/ATW/BMN/UK/LPL TINA 1 RDM/ATW/BMNAJK/LPI. ATHINOULA F4OA«/ATW/BMN/UIVLF>L OCEAN TRADER RDM/ATW/BMNAJK/LPL Loads Sngapore, EVW Matayarfu Indonewa MIDDLE-EAST SERVICE Loading for AL QAWTYYU JDH/AQA HATIME ANA JO4VAQA ALCESTIS D6I/ABU/DO4VBRN/DMM/KWT PRABHU DAS DBl/ABU/DOH/BRN/DMM/KWT HENG SHAN JOVDMT/AQA EFFY NORWAY D64/ABLI/DOH/BRN/DMM/KWT "Loads Sngapore. EJW Malaysia. Indorwwa USA SERVICE Loading lor
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      976 31 vissa sa kc i« uo JOU& MH Ht Iff 1 UB MM* m IL® liffl IZ4L. SiW $8 $8 Z PMT mam mn—i*b_ im \w Jim—ml mmmw ft ~stg gg~~w mu imum ww \im nm nm nm oi/io fimw iwiwi" 5S oift 1 CaMn« BANGKOK (TFTI »»Caßng OAMOKOK (UP) mia
      976 words
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      812 32 lEUROW/UICy SCAN W NAVIA I scr I—| mk [iw Iwr m W B m og/w 1 avtw 2vw aw B mmp iaw I v/n wvt hw aw g/w B m «,-w v/m aw avw vmw iftw »/W I 01/10| ovio ovio AND WIST MtMTIMAMAN/IIACX SIA I ta |itf|iu eM[ras|KNvic|ns I
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      355 32 AMUAN PMAN OUf/MDUN UM CONINNT WU IXPOW Vissa VOTAGf SGP CM DUD DMN KM NXVAMJB) AOD HANGHE 0174W 31/ M 11/W IV» 17/W UMASSUK *****29* 01W IVW IVW 17/W UNKUOen 0M1412N 04/Df- IVW IVW 21/W QTftJNK 00IW 07Ad HW 20W 2VW UN Mm 0022-042W IVW- 20/W 2Z/W 24/W (J* ItONOTt
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      489 32 t/ffftp SINGAPORE PTE LTD > 15 McCallum Street #03-01/02 Natwest Centre Singapore *****5 Tel: (65) *****73 Fax: (65) *****66 Email: general@ecusin eculine net Website: httpy/www.eculine net lohore Bahru Office -Tel: (07) *****18 Fax: (07) *****62 DIRECT SERVICE TO SCANDINAVIA AARHUS COPENHAGEN OSLO HELSINKI GOTHENBURG (ALSO ACCEPTING ALL INLAND POINTS) For
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      370 32 1&8599 f INDONESIANATIONAniN^^ |TO AUSTRALIA I wi wr m m m m sit m m m m rorsDMi IS n/wM/w u/w u/w u/» n/w mpw "its" m/w n/w i7/w n/m *7w MM MUM «T 17/WH/W *0* StfS WIMXT «S M/Wg/W P/MH/M 11/ll FEEDER SERVICE TO INDONESIA lIZZZ m wb nm»
      370 words
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      371 33 BSfl x M MYANMA WUk FIVE STAR UNE (My«MMT NitiMtl Um) w Ufc| for YMfM vnsa VOT SM Ptl PW POJ HPA-AN 2WW Slfl HONG LA ■AIATSiA AGCNTS: OOUSHAO SMPFW6 AGQKKS KUL m OS-*****M0 KL TH #3-*****101 pet m 04-Ml 1402 P«fc TH 07-*****21/4 BANK LINE Mrvka hmktm WMr SUfftaf)
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      998 33 HYUNDA^£ERCHANTJWARJNECOj^TD^^^^^^ Ivesa VOT IBM SOU Italum 1 AW I HAO 1■» WBB WOT I SOW 1 184 I UN lAW I HAM IWV I*^*l mjnmm wiw m/w m/w is/w w/w 11/w JJ/JJ HTGONWOOM 3SIW 20/00 17/W 15/W 13/W KTWBOOI »1I 07/W 01/00 02/00 04/00 25/00 WMGMBS »W vm </W 12/W
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      772 33 vilOv WALLENIUS WILHELMSEN TO NORTH AND UTIN AMERICA "CAR RORO HIAVYIIFT SttYKl* IVPSa VOT lAf HBGWT ISi I IK* ItD OtA SAV [MtlOW I MTC IWW 1 OOP I UMM AMII7 4001 MS UM 21/N 04/19 07/10 09/10 11/10 11/10 14/10 11/10 20/10 UUMT AMI IS 400lw LM 10/00 15/10
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  • Page 35 Miscellaneous
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      127 35 FOR 7 AM 28 AUG 2001 113£^~ —•—^?CIZZp-^3cr:i LEGEND: Issued by Meteorological Service Singapore K Thunderstorm A Showers T or > Y. Ran Temperature C~/ Wind direction and speed in knots Ha,n Weather Cioudy Day Sea Conditions Wind speed symbols mm Slight < 1 2m O Full cirde w/o line
      127 words
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