The Business Times, 24 April 2002

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Total Pages: 52
1 52 The Business Times
  • 13 1 THE BUSINESS TIMES SINGAPORE Internet: http://business-times.asial.com.sg WEDNESDAY, APRIL 24, 2002 MITA (P) 010/03/2002
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  • 66 1 □m 1,740.46 (+12.79) □srmnrmiBB uauo (+14.00) rl 8DOCIPOTD1ES ■J HOI (+2.20) STOd HAHET HMOS Ttoeed«y Chaags KL8EC0MP MB*7 «t77 NnxBm _ji.aui *i&i9 BAUD 8ENG—lUtt.18 >***** ssr index mux JAKARAOQUPJMUe «7J6 MANILA OOMP .UMJI A.41 TAIPQ WR UNO -71.68 SB0C100MP _»7» *ui SHENZHEN B ***** AU9T ALLORD X»IM 1Q.W
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  • 65 1 raSKlAVB LW» si CSlSSprUSft 1319 Kisfsip«-s»- iu» tm EITR0<1 SS/SS/L*) 1887 LIU DM 1X11 1219 YEN 1291 7140 RM I m 10H9 BS» 77* 4188 BAHT 4128 2180 RLTIAH USD mi PUKE XATES SNOAFOEE" 12* KUALA LUMPL1 L40 BONO BONO ktZS JAKAITA 00 TAIFB (7U TOKYO 1171 gBOCL lii
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  • 710 1  -  Plan part of grand scheme to tnrn Johor into a major transport hnb |Ti7excTiisive From. Eddie Toh in Kuala Lumpur FAST-RISING Malaysian tycoon Syed Mokhtar AlBukhary, who already controls the two ports in Johor, plans to take over the Senai Airport concession,
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  • 625 1  -  Tie-up with FEO, CityDev lets buyers use card for part of downpayment BT By < Quak Hiang Whai [SINGAPORE] The tagline could well be "Don't buy a home without it". Plastic card specialist American Express is tying up with Singapore's two leading developers
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  • 404 1  -  It notes significant interest from proprietary traders and contra players By Serena Ng [SINGAPORE] The Singapore Exchange yesterday said it has not found evidence to suggest that the stock of Dayen Environmental has been cornered, following a week-long probe into the counter's trading activity.
    Source: Bloomberg  -  404 words
  • Page 1 Advertisements
    • 77 1 Exk Money How to trade the STI-tof profit *2* Microsoft I Bill BBP Gates paints Um dooms■K I day J scene. ft*Top ttOflM Rotating external audttors is not necessarily good: PWC. Nmxt Pmgm Creative shares up 7% on analysts' profit upgrades. P*4 Far East tops bids for Pashr Rls EC
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    • 39 1 p3*, INNOVATE W OR DIE &&m How does a company achieve breakthrough innovations? jMßfo%?diL v |Pg|2 Does ROI matter in the new economy? INFOCOMM AWARDS, our special SflF pullout, today examines these issues, iSE! and profiles 5 innovation winners
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    • 365 1 Tech turnaround Next Pacje 1 n M iM i>l-l L^g£9B Care to give your overseas property loan a check-up? Interested in saving money on your overseas property loan? Smce the start of 2001, the US dollar Federal Funds rate has been reduced an astonishing 11 times and has reached its
      365 words

  • NEXT page
    • 593 2  -  First time in 16 months US chip equipment orders outpace shipments By David Boey [SINGAPORE] The battered technology sector appears poised for a turnaround, going by figures that show orders booked by semiconductor equipment makers in North America have outpaced the value
      Source: SEMI  -  593 words
    • ON THE grapevine
      • 111 2 WHO says Socially Responsible Investing (SRI) is a newfangled form of investing? Malaysian national news agency Bernama pointed out in an article on Monday that Malaysian institutions had been practicing SRl—also known as ethical or values-based investing—for almost 40 years. The pilgrimage or Hay fund (Lembaga
        111 words
      • 43 2 RESULTS of a recent online poll: Lowering income tax and raising GST should be good for Singapore. Yes, most people will be better off: 30% No, most people will be worse off: 64% I don't know: 6%
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    • 619 2  -  lolexcTusive This view reflects that of the US'Securities and Rrchangft Commission Byi Conrad Raj [SINGAPORE] Rotating external auditors is not necessarily good for you, auditing firm PricewaterhouseCoopers (PwC) has told its listed clients here. "We do not agree that (rotation)
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    • 205 2 [LONDON] us semiconductor stocks rose in Europe after an industry report showed demand is rebounding. Intel Corp, Applied Materials Inc, Advanced Micro Devices Inc and Micron Technology Inc climbed. Ifttel, the world's largest computer chipmaker, gained 18 US eents to U5530.24 in
      205 words
    • 480 2 Amount is 60% more than what they posted in Jan Bloomberg [NEW YORK] Citigroup Inc and six other international banks have lost US$B.5 billion in Argentina, 60 per cent more than what the banks reported in January, an analysis of
      Bloomberg; AP  -  480 words
  • Page 2 Advertisements
    • 335 2 =U Ernst Young From Thought to Finish.» ANDERSEN 10 May 2002 (Friday), L3opm to &00pi Riffles Ctty Convention Centre, Stanford BJpiib, Level 4 (Formerly known as the Westia Stamforl aa4 Westla Plaa) 2 Stanford Road, Singapore *****2 This year's Budget can be expected to clarify the extent to which the
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  • Page 3 Advertisements
    • 291 3 H^HGreatLINK Charity Golf Challenge Fund raising for Golden Care, a Great Eastern project for the Community Chest Guest of Honour: Dr. Yaacob Ibrahim, Acting Minister for Community Development and Sports Straits Lion Asset Management fe. Rothschild Asset Management (Singapore) Press Singapore Pte W SPH Media Works Ltd Gorat Media Services
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  • SINGAPORE companies
    • 551 4  -  Q3 earnings triple y-o-y, margins hit 15-month high of 33 per cent By Serena Ng CREATIVE Technology shares soared yesterday after many analysts upgraded the soundcard giant's earnings forecasts following another impressive quarterly showing. The counter surged 551.50, or 7 per cent,
      Source: Bloomberg  -  551 words
    • 545 4  -  Helped by Sing Tel link, original issue of USsloom3.6 times subscribed By. Angela Tan SINGAPORE Telecom unit PT Telekomunikasi Seluler (Telkomsel), Indonesia's largest mobile phone operator, has raised its bond issue from US$lOO million to US$l5O million after it was 3.6 times subscribed, sole
      545 words
    • 711 4  -  1 lock siew r sivanithy IN theory, investors as a whole would benefit from the deregulation of the stock market, freeing of broking commissions, consolidation of the industry and increased competition. For retail investors, the biggest gain was supposed to be a levelling of
      711 words
    • 918 5  -  It plans to 'staple' shares with trusts to cot dependence on volatile development cycles Reports from Kalpana Rashiwala in Melbourne IN a move that should boost Australand's appeal to investors, the listed Australian property development arm of Capita Land is planning to transform itself
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    • 594 5 They will develop 4m sq ft of industrial space in 50e50 venture AUSTRALAND Holdings will tie up with Malaysia's Sunway group to develop about four million sq ft of net lettable industrial space next to Sunway's Wonderland Theme Park in the Eastern Creek
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    • 415 7  -  Sales coverage poorer, say fixed-income in vestors in survey By* Angela Tan THE global cutbacks by investment banks have started to affect their services to global institutional investors, a survey by Asset Benchmark Research (ABR) revealed. "Fixed-income investors say sales coverage has deteriorated. Banks
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    • 293 7  -  They will market management, risk control systems By Adeline Chia EBWORX, a financial solutions provider owned by listed CSE Systems Engineering, and ING Financial Institutions, a division of Dutch-owned ING Group, signed a memorandum of understanding yesterday to co-market each others products
      293 words
    • COMPANY Briefs
      • 66 7 MAINBOARD-LISTED Yongnam Holdings, a specialist engineering and construction firm, announced that it has bagged $54 million worth of contracts for the first three months 0f2002. In December 2001 and January 2002, Yongnam secured several contracts in the new markets of India and China.
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      • 69 7 KEPPEL Corp, through its subsidiaries, has clinched contracts worth US$46 million from repeat customers. The upgrading and repair of two jack-ups owned by ENSCO Offshore Company account for US$23 million, while US$l6 million worth of contracts come from Keppel's Brazil unit, FELS Setal, and the
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      • 42 7 BBR Holdings (S) said Singapore Piling Civil Engineering, a wholly-owned subsidiary, has secured a $16.6 million contract for an industrial development at Übi Ave 3/Paya Lebar Road. It will design, build and maintain a 7-storey multi-user development.
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      • 67 7 TEE International has entered into a memorandum of understanding with Shanghai International Aviation Trading Company to set up a joint venture (JV) company in Shanghai. The JV will provide aviation services for the aviation market in China. The JV will have issued and paid-up
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      • 42 7 Reuters STEEL products maker Tong Meng Industries said yesterday its shares would be delisted from the Singapore Exchange tomorrow. The move comes after parent Tong Meng Pte Ltd completed its acquisition of the the subsidiary. Reuters
        Reuters  -  42 words
      • 73 7 CHIP testing services provider Sunright Ltd swung into a net loss of $9.4 million for the first half ended Jan 31, from a profit of $3.9 million previously. It said the Sept 11 incident exacerbated an already bad situation Within the industry. Turnover
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    • 302 7 S'pore banks should take the chance to widen their greater China footprint Dow Jones Newswires [HONG KONG] With midcap Hong Kong banks currently trading at 0.8-1.1 times the price to book value, now is an opportune time for Singapore banks to "widen
      Dow Jones Newswires  -  302 words
    • 265 7  -  Amount is one-third below that for Alex An when he signed on by Siow Li Sen OCBC Bank's new chief executive David Conner has been given 300,000 OCBC share options with an exercise price of $13.66 per share. Mr Conner's 300,000
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  • Page 4 Advertisements
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    • 37 4 9 A leading International Pulp, Paper Converting Event for Asia our horizon Realize new possibilities for your business at Asian Paper 2002 CMM Asia showcasing the latest developments and exhibits in the dynamic paper converting industries. ,r(r
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  • Page 5 Advertisements
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  • SINGAPORE markets
    • Article, Illustration
      298 6 OTHER SINGAPORE INDICES Apr 23 VALUE CLOSE V86.00 ♦110.00 if CW -*****.00 449.00 WlfrigMft -*****.00 +9.00 WIWfpJhB 460.48 ♦2.83 MEpMwBwl 167.13 ♦2.34 MlpMwHi 1515.45 ♦ll.ee 428.00 +3.36 ■tafclUli 218.75 •WWwn 218.30 *>C020c 29.186,000 North 22 USlc 21.182.000 Goldtron 5c 20.042,000 Europtron 10c 13.047.000 Asia Dekor HK15c 9.958.000 KLW HWgs 10c
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    • 819 6  -  i i comment STOCKS r. sivanithy HOW representative is the Straits Times Index of what goes on in the local stock market? Should the index represent the market, the economy, or both? What's the best means of constructing the index? In theory,
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    • 1000 6 Taiwan central bank seen buying dollars, players fear others may cone In soon Reuters, AFP [SINGAPORE] Most Asian currencies took a step back from multi-week gains late yesterday as dollar-buying intervention fears prompted players to cover their short dollar positions. Analysts said despite
      Reuters,; AFP  -  1,000 words
  • 2404 6 UNIT TRUSTS FUNDS ObBond S'pore A/$ 1.21/ CitiBond Spore B/$ 1.23V Cfti Money Sing Dollar Qass 8. *****/ Ml* tat Mft ts'pora) on Part-Europe Equity Fund 1 1/ Star Europe Eqty!* 0 794/ CitiSelect Asia Tilt Balanced 13V Star Europe Bd 0.969 CitiSelect Asia Tilt Growth 127/ Star Europe Bal
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  • Page 7 Advertisements
    • 255 7 m k H H|Hl I I IjjM I 1 I I M I I H h s M I Mr\l\ e\ t\ i\s\l e 3. Balance your risks (5) 10. Keeping your assets safe (7) I B 7. Security transactions (6) 13 Having commcrcial value (6) I Shared funds (6)
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  • SINGAPORE news
    • 299 8  -  on the economy inflation -By Vince Chong SINGAPORE'S consumer price index (CPI) fell by 0.1 per cent to 101.5 points in March against the previous month. The dip follows its first monthly increase in February after a long slide. Year-on year, it dipped 0.9 per
      Source: DOS  -  299 words
    • 440 8  -  It tenders $72m or $139 psf ppr for plot, which will be its first EC project Byi Andrea Tan AFTER several attempts at breaking into the executive condominium (EC) market. Far East Organization is likely to succeed this time with
      440 words
    • 370 8  -  By' Vince Chong SC Global Developments will launch the remainder of its Lincoln Modern project this weekend at an average price of $1,200 psf, with showflat viewings by appointment only. Two-bedroom units averaging 1,200 sq ft in size are priced at $1.2-11.7 million, while
      FILE PHOTO  -  370 words
    • 308 8  -  Bsi Angela Tan STARHUB customers planning to watch the 2002 FIFA World Cup in South Korea can now rent a CDMA handset from the operator and ei\joy roaming in all the Korean cities where the games are being held. Star Hub,
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    • 620 9 BT/Henley award winner says that's the beauty of e-learning IN the essay that won him the second Business Times/ Henley Management College Bursary Award last month. Tan Wee Meng conveys with a personal touch the great flexibility and beauty of an e-Learning MBA course.
      ARTHUR LEE  -  620 words
    • 312 9 ItH help refinance a $525 m revolving credit facility, says mwipaity nffir.ial Dow Jones Newswires TUAS Power Ltd, a Singapore government-owned power generation company, plans to issue Ss3oo million worth of medium-term notes, a company official told Dow Jones Newswires yesterday. It will be
      Dow Jones Newswires  -  312 words
  • Page 8 Advertisements
    • 346 8 W m** 19 I tr fl i* r gfc mmrn Imtfm m imii *;r_ »s/ v f' />.. -^-gj^r-^s Igt "—r~ 1 Show your secretary you appreciate her. Treat her to a sumptuous buffet lunch featuring a wide range of mouth-watering desserts at The Lodge on Flamingo Lake She will
      346 words
    • 1199 8 FDS NETWORKS GROUP LTD. (Incorporated in Bermuda) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of FDS NETWORKS GROUP LTD, an exempted company incorporated with limited liability in Bermuda (the "Company*) wiH be held at 77 Bencootonfeaet #02-01 Singapore *****3 on Thursday. 16 May
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    • 504 8 Oakwell Engineering Limited Notice of Annual General Meeting NOTICE IS HEREBY GfVBM that the Seventeenth Annual General Meeting of the Company wiM be held at the lUcrwoon Room of Oakwell Engineering Limited. 8 Aljunied Ave 3, Oakwell Building. Singapore *****3 on Fnday. 10 May 2002 <X 10.00 am to transact
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  • Page 9 Advertisements
    • 32 9 I Lianhe Zaobao I Iklse I Composite Index I I looks set I I to breach the I 1,000 I point mark? I I 11*81 I I s**©? I I HHHwHHHIifII I
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    • 68 9 r j iij M^pL 1 i fl^l|||||||||||l||f|||||^^ fV«V CW« haf fwa* tjk*n ir orepwv-g s .m rf" if -"v V-" ,> i)'* i i-.1 v r .»-i'-«. .> A' ■iri >• r-» •>ah> **?-jtm-n* r r •#.mr^orisandi'aphicsirit «>a4lv<^::MT>vii tff< ini«'. 1 "\f- ,f 1 .'^l r> •>• i.. »t v
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  • FOCUS enterprise
    • 1619 10  -  Flexibility in people management and relentless pursuit of goals mark the leadership style of Manusoft's CEO, adeunb cma learns ADELINE CHIA DO you want foreign talent or foreign papers? This was the question posed by Victor Gan, chief executive officer (CEO) of local start-up Manusoft Technologies, to the
      ARTHUR LEE  -  1,619 words
  • Page 10 Advertisements
    • 21 10 n tL Sr v"ii-' Hw*.' Crazy Idea? Maybe Not. Produced and marketed to the world by Aero-Green Technology (S) Pte Ltd
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    • 144 10 From the seeds of wild ideas are bom the first fruits of innovation And our lives are the richer from such exciting breakthroughs Singapore has the key ingredients for enterprises to innovate and grow A nght mix of pro enterprise environment vibrant venture capital industry and diver se talent Throw
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  • REGIONAL news
    • 244 11 KUALA LUMPUR TECHNOLOGY Resources Industries Bhd chairman Tajudin Ramli is believed to have finalised arrangements for Norway's Telenor ASA to buy Deutsche Telekom AG's 16 per cent stake in TRI, the Malaysian Business Times reported. "We have good reason to believe that
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    • 368 11 KUALA LUMPUR IPO likely to be one of KL's two largest this year, raising np toUSs6oom Reuters MALAYSIA'S No 1 mobile phone company, Maxis Communications, is expected to hold one of the country's largest initial public offerings next month, analysts said
      Reuters  -  368 words
    • 233 11 KUALA LUMPUR It mats U give 4L4m shares sf Palmes ts 101 sharahslders Dow Jones Newswires MALAYSIA'S Securities Exchange has approved 101 Corp's plan to distribute up to 41.4 million shares of its oleochemical producer unit, Palmco Holdings Bhd to 101 shareholders for free.
      Dow Jones Newswires  -  233 words
    • 833 12 JAKARTA SnccMafnl talis seen as positive sign and there are hopes it will help speed np other asset sales Bloomberg PT BANK Central Asia (BCA) shares are up by almost half since its sale six weeks ago to a US hedge fund,
      Bloomberg; REUTERS  -  833 words
    • 283 12 JAKARTA It will offer 500 m shares, equal to 25% of total equity Dow Jones Newswires PT Bank Bumiputera Indonesia, a small Indonesian bank, announced yesterday that it plans to offer 500 million common shares, or equivalent to 25 per cent of its total equity,
      Dow Jones Newswires  -  283 words
    • 255 12 JAKARTA No impact on borrowing costs as debt already below investment grade, analysts say Reuters, Bloomberg INDONESIA'S central bank said yesterday that it was unfazed by a downgrade on the country's long- and short-term foreign currency sovereign credit ratings by Standard Poor's and saw no
      Reuters,; Bloomberg  -  255 words
    • NOTE Book
      • 88 12 Bloomberg [HONG KONG] HSBC Holdings Pic said its decision to sell its 7 per cent stake in Chile's Banco Santiago SA wasn't taken because of the economic crisis in neighbouring Argentina, where the UK bank has lost US$l.l billion. HSBC plans to auction
        Bloomberg  -  88 words
      • 60 12 Bloomberg [KUALA LUMPUR] Ho Wah Gentlng Bhd shares roar as much as 7.3 per cent toa two-month high after the* t Malaysian wire and cable maker saldihe securities regulator approved its plan to sell ne* stock. Ho Wak shares rose as much as
        Bloomberg  -  60 words
      • 52 12 Bloomberg [MANILA] Philippine central bank governor Ra&SP* Buenaventura said President Gloria Arroyo's image will remain on a new banknote even though critics have said it is inappropriate to feature a livHV 1 personality, especially as Mrs Arroyo is expected to run for election in two
        Bloomberg  -  52 words
      • 67 12 Dow Jones Newswires [KUALA LUMPUR] The New Straits Times Press mmsi (Malaysia) Bhd said yesterday that it expects sales after the incorporation of the Malaysian y Business Times daily as a section in the New StnMu'r Times. This isn't expected to have any material impact on
        Dow Jones Newswires  -  67 words
      • 86 12 Reuters [JAKARTA] Indonesian bank restructuring Ibra said it will sell some assets pledged by the TT? debt-laden Sinar Mas Group in June to cover some payments the group misaed under a US$l.3 bflliop»*»*debt workout deal. "We would sell in June but.. would
        Reuters  -  86 words
    • 558 13 S S-E Asia fears El Nino weather which disrupts crops, is coming back Bloomberg PALM oil and rubber prices may extend recent gains as droughts in South-east Asia and ocean warming in the Pacific raise speculation that El Nino, the weather pattern that disrupts
      Bloomberg; REUTERS  -  558 words
    • 318 13 W BANGKOK Move will boost their financial positions before sector's opening op Reuters 'AT least eight brokerages plan to list on the Thai stock market over the next two years to take advantage of local investor appetite for new
      Reuters  -  318 words
    • 263 13 KUALA LUMPUR Bloomberg UNITED Plantations Bhd said it will buy an oil palm company from its chairman and the state government for RM440.6 million (SI2IO million) in cash and stock, to expand and boost its earnings. The firm will buy 90
      Bloomberg  -  263 words
    • ASIA Notes
      • 78 13 Bloomberg [TAIPEI] Taiwan's export orders and factory production unexpectedly rose in March as rising global demand for computer chips and flat-panel displays fuelled the island's recovery from (me of its worst recessions. Overseas orders rose 1.7 percent from a year earlier, the Ministry of
        Bloomberg  -  78 words
      • 74 13 Reuters [SHANGHAI] China's central bank has issued guidelines on intermediary business, re-affirming a ban on commercial banks conducting stock broking to prevent bank funds from illegally flowing into the share markets. The central People's Bank of China has repeatedly cracked down on illegal bank money in
        Reuters  -  74 words
      • 77 13 Bloomberg [BANGKOK] Thailand's economic growth is set to accelerate as spending, investment and exports rebound. Finance Minister Somkid Jatusripitak said yesterday. "The economy is showing clear signs of recovery," said the minister. "All economic indicators, including consumption, investment and exports, are Improving" Economic growth will
        Bloomberg  -  77 words
      • 87 13 Bloomberg [NEW YORK] The Philippine economy may have expanded as much as 4 per cent in the first quarter from a year ago, boosted by domestic demand and rising fitrm production, Finance Secretary Jose Camacho said on Monday. "1 wouldn't be surprised If
        Bloomberg  -  87 words
      • 82 13 Dow Jones Newswires [HONG KONG] The government {dans to proceed with a long-awaited proposal to convert a former British naval base into a new government headquarters and Legislative Council building at a cost of about HKJ6.I billion (Sfl .42 billion), the Hong Kong
        Dow Jones Newswires  -  82 words
      • 88 13 Bloomberg [MANILA] The Philippine peso will remain stable at 51 pesos to a US dollar, and wont be affected by bombings in the southern city of General Santos, central bank Governor Rafael Buenaventura said yesterday. "We will not try to interfere with the market," he
        Bloomberg  -  88 words
  • Page 11 Advertisements
    • 231 11 MOTOROLA Wmasterpiecemoto V6O str ik ifkj testimony of fin#* .iftsm.iiiship, <on itmimij •,t,it >• >>f HBL thf *»rt technok*')y with Chi'. snphistn ition Intellnpiiit »> 't#» t n il r~y r hnjhly intuitive tisei mt<*rf.»ci- fjPRS en;ihi<»ri .vorld ff'.lining r.ip.ihility Ihe Motorola Vf»o Pnvv<»r K perf«-«t M »n announcing new
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  • Page 12 Advertisements
    • 37 12 I a Business Cla: (no, honestly m if: I !jfe§> <ncr>»* v »<■ I j* 1 1 I J? j- one •-^B&jyLgAAA^*JLJAAAUJAUg^AAHMIB|£AUHfHftBajKJftHUM MliTliivAil "IIEi1»iT«E1 im j»i ire I t j 11i »i» mI 11 »j ti ri* JMljl^llliJillilliillliAillliLliiJJmlli-ilLJllLlllEllll-iJ
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  • EDITORIAL & opinion
    • 777 14  -  ■FTTH I bottom line OPINION frank ching The writer Is a Hong Kong-based Journalist and commentator BEFORE Deng Xiaoping assumed leadership in the late *****, the Chinese economy was carefully planned There was an annual plan, a five-year plan and a 10-year
      777 words
    • 44 14 This is not good news for the stability of democratic systems. Demagogic arguments were used, and with good results.' -lariuil^ Spain's interior minister, on Jean-Marie Le Pen and his National Front's strong showing in thefirst round of the French presidential election.
      44 words
    • 616 14 EDITORIAL IT is welcome news that Thailand's economy is showing signs of recoveiy. Sales of cars, homes, consumer electronics and even cement are picking up. The Thaksin government correctly identified the Thai consumer as the main thrust for recovery when it began overhauling the economy
      616 words
    • 1436 14  -  A spirit of mutual respect and give-and-take leads to better integration of the different religions communities in a celebration if diversity W Yang Razali Kassim The writer is BT's regional analysis editor. E-mail: yangraz@sph.com.sg IN the wake of Sept 11, I was invited
      FILE PHOTO  -  1,436 words
  • Page 14 Advertisements
    • 50 14 MONASH POSTGRADUATES ARE CHANGING THE WORLD. CHANGE YOURS ON APRIL 28. Attend the Monash University research seminar: Sunday 28 April, 2pm, Ballroom 1, Hilton Hotel, 581 Orchard Road, Singapore To attend, reply to IDP Education Australia (Singapore), email singapore.idp.edu.au or telephone 6736 7040/41 ■IV H www monash edu au/intofl/rMearch PrevUvnumtMroooaac
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  • REGION world
    • 412 15 TOKYO March consumer confidence rebounds with huge gain Reuters JAPANESE consumer confidence rebounded in March, logging its biggest gain in three years after sliding steadily since September, suggesting a patchy export-driven economic recovery. was finally reaching consumers. The Cabinet Office said in a
      Reuters  -  412 words
    • 228 15 AFP [SHANGHAI] One of China's leading banks has eased foreign exchange rules for people buying Korean won ahead of an expected exodus of tens of thousands of Chinese football fans for the World Cup, it was announced yesterday. The Bank of China (BOC)
      AFP; REUTERS  -  228 words
    • 441 15  -  From Anthony Rowley in Tokyo RISKING further ire of Japanese authorities, a senior International Monetary Fund official yesterday urged the Bank of Japan to reconsider its decision not to adopt a formal inflation target now. The call by senior IMF economic adviser
      441 words
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  • Article, Illustration
    935 16 i Transaction date: Apr 23 MTKBBAp* CkOSS RATES Fir tt« 1 fm Wm m Hm U MM Mr n 8*t Hmt USS 0547 4.470 0507 4.004 UM 4201 ********** 0.700 7523 2547 L*****JM ***** 1900 1134 1092 *750 23JU 1372 0539 ST V?j 5 27 3105 5MI$ *-*M M*
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  • WORLD news
    • 462 16 ENRON SAGA It says in a filing that earlier fiscal results given on Nov 19 not reliable Bloomberg [HOUSTON] Enron Corp may have overstated the value of its assets and financial contracts by as much as US$24 billion late last year, the company sqid
      Bloomberg  -  462 words
    • 432 16 NEW YORK Its partnerships in Malaysia and the Philippines to merge with Ernst 4 Young Reuters BESIEGED accounting firm Andersen said on Monday that it had hired a top restructuring and bankruptcy specialist as doubts spread about the firm's ability to survive the Enron Corp crisis.
      Reuters  -  432 words
    • 478 17 NEW YORK He's also fined USs7J>m; judge unmoved by 90 letters of appeal NYT REBUKED by a federal judge for failing to show remorse, A Alfred Taubman, the principal owner and former chairman of Sotheby's, was sentenced on Monday to a year and
      NYT; AP  -  478 words
    • 413 17  -  Republicans making concessions on health care benefits for workers From Leon Hadar in Washington THE US Senate is expected to approve in the coming days a legislation that provides the White House with the authority to negotiate trade deals without
      413 words
    • 424 19 WASHINGTON Bloomberg THE Justice Department will conduct criminal investigations into how securities analysts report on their stock research to the public, a government official said. "We're going to be doing a lot of cases involving financial reporting," including the work
      Bloomberg  -  424 words
    • WORLD Watch
      • 104 19 Bloomberg [NEW YORK] Williams Communications Group Inc, which amassed more than US$7 billion in debt building a fibre-optic network, agreed to file for Chapter 11 bankruptcy protection from creditors. The company will convert its debt into equity in a reorganised business to be owned
        Bloomberg  -  104 words
      • 99 19 AFP [TOKYO] Japan's domestic shipments of PCs dropped 13.2 per cent to 12.14 million units in the year to March—the first fall in four years—due to a deep recession, Multi-Media Research Institute Ltd said yesterday. In value, shipments plunged 19.1 per cent from the previous
        AFP  -  99 words
      • 83 19 AFP [SEOUL] Hynix Semiconductor Inc workers and minor shareholders yesterday rejected an accord with Micron Technology Inc, with unions threatening a strike to stop the US company taking over Hynix. The threat created a new obstacle to Micron's ambitious bid to become the world's biggest
        AFP  -  83 words
      • 64 19 Bloomberg [PARIS] STMicroelectronics NV, Europe's biggest chipmaker, said first-quarter profit dropped 90 per cent as demand for products that power mobile phones and digital-video disc players slumped. Net income fell to U5532.9 million, or 4 US cents a share, from U*****.8 million, or 38 US cents,
        Bloomberg  -  64 words
      • 87 19 Reuters [SAN FRANCISCO] Silicon Graphics Inc (SGI) on Monday posted a fiscal third-quarter net profit boosted by a big tax benefit but hurt by slower than expected sales to non-defence clients that it said were still cautious about technology spending The company posted
        Reuters  -  87 words
    • 690 19 m NEW YORK Bnt corporate in vestment rebound unlikely to be rapid, he warns Reuters, AFP FEDERAL Reserve chairman Alan Greenspan said on Monday he saw early signs of a revival in crucial US business spending and added that the tide may be turning
      Reuters,; AFP  -  690 words
    • 556 20 IDC&OSOFTCASE Penalties sought would drag whole PC sector into stagnation, he says NYT [WASHINGTON] Microsoft chairman Bill Gates took the witness stand on Monday for the first time in the antitrust case against the company, declaring that the penalties sought by a coalition of state prosecutors
      NYT  -  556 words
  • 1427 16 SidOMFWOBB Apr 23 MMCI Mm (OHM printi KIOcaMll dm MM Opw CO» Jm 02 CLW Jul 02 C030 A*02 COS) ■ss3wscMtaAq) MM Ami i— saw niiiii mi iii 5*02 65J5 350 JM 02 «x 2100 MIC 65.00 6SjOO 65.00 200 2975 A* 02 65.00 65.00 iSLOO 200 29TS TSt20(U$«*b/M)
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  • Page 17 Advertisements
    • 896 17 Xotices IN THE MATTE* Of THE COMPANIES ACT, CAP. SO AND IN THE MATTE* Of VOtTEC PTE LTD (In Creditors' Voluntary liquidation) NOTICE OF RESOLUTIONS Al an Extraordinary General Meeting of the Members and the Meeting of the Creditors of the Company held at S3 Übi Rood 1 Singapore *****8
      896 words
    • 811 17 AJmISING lun holdings limited (Incorporated in the Republic of Singapore) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Second Annual General Meeting of the Company will be held at 30 Marsiling Lane. Singapore *****9 on Friday. 10 May 2002 at 3.00 p.m. to transact the followinq business
      811 words
    • 1764 17 I WANT WANT HOLDINGS LTD I (Incorporated in the Republic of Singapore) I NOTICE OF ANNUAL GENERAL MEETING I NOT'CE.S HEREBY GIVEN that the Sixth Annual General Meeting of Want Want I ***5* "Company") will be held at Rosewood Room. Level 2. Orchard Hotel Singapore I 442 Orchard Road, Singapore
      1,764 words

  • 2187 18 Transaction date: Apr 23 HKUALA LUMPUR j* mh 94 Vol FS8M .2.39 -0.01 22 M W- CM) FWmdu«n«s .0.15 -001 IX Man* 141 -005 86 A 8M Realty 136 -0.07 110 Gamucfc .6.15 -035 28*5 209 008 288 GanadCotp 113 002 21 ACTInAatti* 388 -0 06 285 GaruTech...... 1.37
    2,187 words
  • 634 18 Transaction date:A/rr23 O— <*—» amkmm, m r>— CMC 0.40 5 050 <0 050 tMSMSOt ox in CapNatmd 1J2 1 HO *0.010 OC»C 997 ♦®-®g OMItMCondMc 1J1 4J40 -0 040 OOf 100 AtOmMc 2W MOO *0.050 tarkway H 25c OB oS GMfc.T25c OK ***** *1500 SGXU M2 ?5 005 Gl»
    634 words
  • 468 18 BONDS WARRANTS l«« MC» fam T *32 w>e «T- r——» w> %U*m u> ASTIW*****1 -JM -OS 144 1 it 1 149 x Aom Ud *M>***** 3 1 SO 430 133 31 *5 OS 236 1 33 1 149 AmwrongVW>***** U unct. HI m M J! A«rfoodrvw»7,2 as Bar6NSA*****1 10k MS
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  • 4002 18 > Transaction date: Apr 23 for more, go to wwwjc&jcumermMTketsxxmi H HONG KONG ICGM*. 066 oosimsh A" o!oi 5045 mterform Ceramics .0.02 unth 2100 1 ii.Hi n mI I i n„ MIBankofAsa 1.57 0.03 3104 2m "25? 45 *«gent Group 0J9 -0.03 1298 TSl dl2 JCGlteWnai 445 unch
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  • Page 19 Advertisements
    • 602 19 Where to wine, dine and entertain... TfiM 1 ■HHD tmemanTnar wm FASHION EXTRAVAGANZA ["Mfl M Sr err tunc buffet at the Caft Mr Top prize includes a trip for 2 to beautiful Itmrwin. Auurulu (SOON) rim Key! Brume, AiHimet I I With accommodate* at the permier E* 1 Carlton Haul
      602 words
    • 816 19 Notices PENGUIN BOAT INTERNATIONAL LIMITED NOTICE OF ANNUAL GENERAL MEETING Notice m hereby given that the 2002 Annual Gmd Meeting of the shareholders of the Company will be held on Friday, 10 May 2002 at 11.30 am at The Board Room, 16 Tuoj Basin Link, Singapore *****4, to tronsoct the
      816 words

  • 4664 20 Transaction date: Apr 23 for live prices, log on to uww \asiaonemarketsjco> ■srt. w a a .g'u.ays.-t a™ S'S'S; 9 6 ABNAmroNLG 5«t 9 10 34 ra 22.5 15 c ACECfcnamks20c 17 -1 5 17 17 17.S 18 07 S 0 8 28 3 168 18 32.5 1151
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  • 57 20 Nh*"lL 12 JSL 0 I— <■—- M Km MC "B w- W» u» —y Ufcr Cw W hi w5 11M0 S10 s Otunonck USXWM 6M0 38* s BDJUST«di UMSIO S75 «40 > PS MSG Spore US57S 1M» B70 s SMKH US11M0 I 1J150 ma s spons usiujo ..III
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  • 1414 20 a ji .r tr-a."; jg"; wa-sa "5 -OS 65 M 175 175 185 33J II 655 275 S 01 *JL S 24 23 23 233 s 115 1 10.1 21.1 23 si 268 52 51 51 515 10 N7 2 7 4 67 52 •1 28 ASJ Hldgs
    1,414 words
  • 381 20 _V* IM( Ml Day LM Q—U GrfMv Oi* GrVM MM Tf U» Caw»«y U* W- IgJIgJg >fat Ia>ar Car Wt l£S HO CO AVJmjnpA2ScA99 96 100 40 14 10.1 5JB 2111 720 265 2.1 74 6 *****J OwungKongSOcHK 1780 240 6.3 6.7 3 *****5 63 45 City* SohJtmUHK
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  • Page 20 Miscellaneous
    • 197 20 CKVPTIC CROSSWORD 21 Change corK^m the East (8) lectures (5) YESTERDAY'S SOLUTION 28 The government, say, em- 8 Army reservists must return Across: 1 Makewaves 9 Twinbraced by returning Arab rtf- here now (2,7) We, 10 Scruple, 11 Pageant 12 er 14 Put a label on weapon imme- Financial, 14
      197 words

  • BT motoring
    • 698 21  -  bbt m Going by the miserable sales of hybrid cars, current incentives are tnsufflctent to make CMG cars h.ki. christopher tan FOR the first time in overacentury.it seems motorists here are given a chance to break away from the stranglehold of oil companies. They
      698 words
    • 508 21  -  Ml repute by Christopher Tan TECHNICALLY, you can fill up your car with compressed natural gas (CNG) piped to your home. And technically, CNG pumps can be attached to convenience stores or fast-food outlets. It has been done in other countries. But
      ARTHUR LEE  -  508 words
    • BUMPER to BUMPER
      • 106 21 THE auction of Kwik-Fit heated up last week as it emerged that French bank BNP Paribas had made a £800 mfflion (Stl.6 billion) bid for the car repair chain, the Financial Times reported. The offer by Paribas Affidres Industrielles, the bank's private equity arm, raises the
        106 words
      • 90 21 FORD'S Premier Automotive Group (PAG) chief WaMfeang Reitzle has left to become chief executive of Linde Ag, a German industrial company. Previously with BMW, Mr Reitzle was recruited in 1999 by deposed Ford boss Jacques Nasser. He will be replaced by Mark Fields, president of
        90 words
      • 78 21 TOYOTA Motor has received approval to invest in a plant to make auto transmissions in India, reported Bloomberg. "We have received an approval from the government to invest 3.6 billion rupees (Sfl34 million) in the automotive transmission plant," said Sripad Bhat, a spokesman for
        78 words
      • 65 21 RENAULT, the second-largest French automaker, is in talks with Brilliance China Group to make the Kangoo van, according to Bloomberg. The signing ceremony for the venture wffl he held in China in the second quarter, said Blaise Bertrand, Renault's Asia-Pacific communications manager based in Tokyo.
        65 words
      • 167 21  -  Compiled by Christopher Tan THE European Commission is to investigate a 418 million euro (Ss67o million) subsidy by the German government to BMW towards a new 1.2 billion euro car plant in Leipzig, in a move that could reopen a simmering dispute between Berlin
        167 words
    • 413 21 YOU can easily halve your car fitel bills if you switch to compressed natural gas (CNG). Under the current pricing structure, premium petrol is retailed at $1.24 a litre. CNG is currently sold at 40 cents for "an equivalent to a litre".
      FILE PHOTO  -  413 words
    • 231 21 VEHICULAR consumption will contribute to only a fraction of SembGas' CNG sales. Senior vice-president Francis Gomez reckoned if Singapore's entire vehicle population was to convert to CNG, it would account for about 170 mmscfd (million standard cubic feet per day). But even without any vehicular
      231 words
  • Page 21 Advertisements
    • 14 21 or tiie latest opta Milwft vakw rain tff can, fi l» Mtp^/appjHtenMt^.* C feriptsflta/3_2_oMV.«p
      14 words
    • 626 21 Xotices I )§lfr SING INVESTMENTS FINANCE LIMITED (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING TO ALL SHAREHOLDERS NOTICE IS HERBY GIVEN that the Annual General Meeting of Sing Investments Finance Limited will be held at 96 Robinson Road #02-00 SIF Building, Singapore *****9 on Saturday, 11th
      626 words

  • FORMULA ONE
    • 763 22  -  Telemetry sees right through racing drivers and their cars By Heike Hientxsch The writer is a freelance journalist specialising in motorsports. She also prepares motorsports press releases for BMWA& This series is sponsored by BMW THERE are some things you just can't get away with
      763 words
    • 675 22  -  Froml Adrian Low The writer is a freelance journalist based in Germany in Germany A EUROPEAN Commission directive in 1998 was supposed to spell the end of tobacco advertising in the European Union by July 2001, with an extension to October 2006
      AFP FILE PHOTO  -  675 words
  • Page 22 Advertisements
    • 157 22 hl BL. B fl 1 M w --.^^■^^^^■■■i^^Kfl It isn't that hard to believe. Because under the hood of every BMW road model is the very same technology that makes the BMW WilliamsFl a winner. Which is why What every BMW looks like jt s hard,y surprising that the 4
      157 words

  • PERSONAL investment
    • 814 23  -  Australian group Navigator's *wrap account' platform could bring structural changes in advisory services and insurance portfolios. By GENEVIEVE CUA GENEVIEVE CUA NAVIGATOR, one of Australia's largest providers of master trust and wrap account structures, will invest $40 million over the next five years to expand in Singapore and
      814 words
    • 1231 23  -  Profit taking in QAFi surprise deal in Hnan ll?WI»]3 markets By\ urn Robert Halili The writer is managing director of Asia Insider. He is assisted by Ngia Soon Choi WORRIES over the changes in CPF policies for property purchases and weightings downgrades in the
      Source: Asia Insider  -  1,231 words
  • Page 23 Advertisements
    • 18 23 Locate its owner through Classification 821 (Found). Simply call C.A.T.S. at 1800 289-9988 for this Another Classified Service
      18 words
    • 33 23 ORIGINAL REMBRANDT C. Tel: 6334 3286 Eagle's Ait Management INVESTMENT^^^^^^OTMMHRHipiIIJI PARKWAY PARADE OFFICE SPACE For Sale •11,000-22,600 sq ft Subdivisible 99 year leasehold High floor, sea views With/without tenancy Investment Sales 6326 1285
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    • 344 23 Is it true that Private Banking is changing? information becomes globally At some institutions, Private Banking consists of a personal banker selling mutual funds. The Private Bankers at The Citigroup Private Bank act as trusted W global advisors to Asia's wealthiest families. What we do today looks more nvestment Banking
      344 words

  • EXECUTIVE money
    • 536 24  - How to trade the STI —for profit The trick is to watch PE valuations of the index, analysis by SSGA shows Byi Genevieve Cua MOST Singapore equity funds may historically outperform the Straits Times Index, but you could still profitably trade the index through the streetTRACKS STI tracker fund if
      536 words
    • 1112 24  -  Two fund players plan to introduce a recurring annual charge for advice. GENEVIEVE CUA reports GENEVIEVE CUA WOULD you pay a fee for advice? Not a oneoff fee, but an on-going annual charge, based on the size of your portfolio. Singapore's nascent advisory market is set to
      1,112 words
  • Page 24 Advertisements
    • 327 24 t Distributed by: j am interested in Henderson Funds. Please send me the prospectus and application form for: We do more with money citibank j Henderson Global Balanced Fund Call 1800 800 FUND (3863) Tel: 6333 9000" j I=l Hen derson Global Equity Fund Fax: 6296 3602 Bank Fax: 6328
      327 words

  • INFOCOMM AWARDS
    • 401 25  -  -By Chen Xuifen THE significance of th 4 National Infocomm Awards could not have been illustrated at a more crucial time. As Singapore's once turbo-driven economy drifts into neutral, government and corporate leaders are re-evaluating growth options. Neighbouring countries are turning up the heat as they become
      401 words
    • 613 26  -  People assisted by technology make the system work, a Yong tells simome Erasmus SIMONE ERASMUS "JUSTICE delayed," says Chief Justice Yong Pung How, "is justice denied." In an email interview with BT, CJ Yong described this mantra as part of his impetus to re-organise
      613 words
    • 160 26 Simone Erasmus GONE are the days of the Supreme Court being saddled with a massive backlog of cases and mountain-high filing cabinets. Beginning with their earliest effort in the start of the 1980s the creation of the bankruptcy system which permitted faster searches on bankruptcy matters via
      Simone Erasmus  -  160 words
    • 740 26  -  Byi GRACE TAN ENOUGH gushing about the technology, Fuji Photo Film (Singapore) shows us it is how you use it that really matters. Jun Nayyni. managing director-** Fuji Photo Film here, feels all that digital pyrotechnics is nothing without practical implements- tion
      CHRIS LOH  -  740 words
    • 1047 28  -  Home-grown IT services provider FairEx aspires to be a global franchise, its CEO tells ceraunme lor GERALDINE LOR THE equity market has enjoyed the availability of Internet-based trading for several years now. So has the bond market. But why hasn't the foreign exchange (FX) market, which
      CHRIS LOH  -  1,047 words
    • 902 28  -  Video editing need no more be a painful task, thanks to muvee, says ftnn iwr chia ADELINE CHIA PUT one bored video editing teacher with a doctorate in electronic music and seven trained engineers and musicians together and what do you get? The answer
      ARTHUR LEE  -  902 words
    • 694 28  -  Tired of hearing 'Press 1 if you want English...'? Help is at hand, grace Tim tests the new system GRACE TAN TIRED of being put on hold for hours on end? Info Talk has come up with a winning solution that will
      694 words
    • 439 30  -  We must leverage our infrastructure to launch the next phase of growth, says david um, Acting Minister for Information, Communications The Arts DAVID LIM SINGAPORE'S vision of an intelligent island has yif;lded results. Today, all businesses and households enjoy a wide range of infocommunications services at competitive
      439 words
    • 1706 30  -  Remedy for ineffective innovation is not always more spending, says katrina helmkamp, rkmard lesser and thomas lutz KATRINA HELMKAMP, RICHARD LESSER,THOMAS LUTZ Katrina Helmkamp is a vice-president in the Chicago office of lite Boston Consulting Group. Richard Lesser is a vice-president in the firm's New York
      FILE PHOTO  -  1,706 words
    • 1469 34  -  The full potential of IT hasn't been realised. Internet's pioneer tells chua hui min that industry must understand the need for a well-designed information system CHUA HUI MIN DrEngelbart is also the guest speaker at the IDA's Distinguished Infocomm Speaker conference tomorrow at Marina Mandarin
      1,469 words
    • 683 34  -  Singapore should promote non-conformity and a change of mindset the nigh-tech guru tells leo kee chye LEO KEE CHYE SINGAPORE'S infocomm companies should create their own vision, and not Just implement ideas thought out by others, said high-tech guru Guy Kawasaki. "The
      683 words
    • 1959 36  -  Disruptive technologies can have a serious long-term impact on your business, how you do business, even on whether you do business. Your best chance of surviving sucn an attack is to get an early warning. Aaron Hill of Sawtooth Software and Paul Disnman of Brigham
      FILE PHOTO; AFP FILE PHOTO  -  1,959 words
    • 2099 38  -  It is experience and good judgment, not numbers, that eventually win the day, writes Patrick i amw PATRICK LAMBE Patrick Lambe is Founder of Straits Knowledge (wiow.straitsknowledge.com), a Singapore-based consulting and researchflrm specialising in knowledge management, e-learning and innovation. His articles can be found at
      REUTERS FILE PHOTO  -  2,099 words
    • 941 39  -  Patrick medley discusses the importance of customer-centric ideas in innovation PATRICK MEDLEY Patrick Medley (patrick.medley@sg.pwcglobaL com) is managing partner, PwC Consulting. Products— Asia-Pacific. COMPANIES hoping to export their way out of the economic downturn have to face one reality: what sells in one market doesn't
      941 words
  • Page 25 Advertisements
    • 53 25 le Very Best In Infocomm Innovation atlve Use Of m Technology; .ffc |^1 hi (Singapore) Pte Ltd iColor 9 ■rt National lw. -'v'^' latloaal Financial Systems Pte Ltd 'fading Systems It X i -f- »i a v^.'-^ hnology (Slngapon) Pte Ltd Recognizer to/ogles Pte Ltd itoProducer jrnNANC. StTgr SPRING Singapore
      53 words

  • Page 26 Advertisements
    • 211 26 VJIdL Nixvue Systems Pte Ltd is proud to be one of the finalists for the jj^^Hpr Award in fhe most product category. Formed by a group of talented IT and the TV set. With the addition of a printer business professionals with a passion for interface, the user can even
      211 words
    • 21 26 i congratulations muvee Technologies winner of the National Infocomm Award "Most Innovative Product/Service" n Laboratories for MB Information Technolo& A* STAR
      21 words

  • Page 27 Advertisements
    • 242 27 All it takes is a dream Adrian Chuang DrNgKekWee Gregory Hauw Believed that information technology is A true advocate of component technology Believed that e-Business architect will the key to getting ahead in business as the way of the future manage, optimise and control web services Now: Managing Director of
      242 words


  • Page 29 Advertisements
    • 658 29 FUJIFILM cf) r* W I N N E R OFFICIAL IMAGING SPONSOR 200/ --1-f 1 Natioal j IN NOVATIVE USE TEGORY that makes everyone a winner! ■Hpn |Print@ fujicolor^^3 ;A I YOU CLICK... ANYTIME, ANYWHERE WE PRINT CAMERA JUI j RUHUI HMNHHfII DHaITAL MIWILAB SYSTCM* 1 m m the world's
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  • Page 31 Advertisements
    • 601 31 FUJI FILM {f) OFFICIAL IMAGING SPONSOR r*A wottio car HjKAjAHVN A M 14h =s=- yif a a II •3x Optical Zoom/4.4x mt Wm H H H I Digftai Zoom Voios Msmo Function USBConr»dMty comes to 4,4 x Otgßal Zoom AVI video and audio moordtaQ capoNMet the #1 spot, 22 mitton
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  • Page 32 Advertisements
    • 399 32 I 15 To The Winnersif The T he Infocomm Local Industry Upgrading Programme (iLIUP) promotes strategic, ill fliliil I partnerships between Singapore enterprises and multinational corporations (MNCs). I Through the iLIUP partnership, Singapore enterprises can gain exposure to 1 and tap on an established global network of technical expertise that
      399 words

  • Page 33 Advertisements
    • 316 33 I '-"f* I <■* H' *>'-' -M 5r *7. .w7 T' v K J *>£ i v -<- ->\ 0 promotes strategic, g Clsc| Sf|T|Bf al corporations (MNCs). I £ff ''b*L Rflfftaf |HH| I Andersen 3>BG9 DOTMH n exposure to cutting-edge; Jcdwilogics r that will reduce development ieostsmd 3 1
      316 words

  • Page 34 Advertisements
    • 61 34 ■b B M I Bi t I Hr"* 5® fl l» miMiifev'--- J V"'.gP icaftri fr3ol?/^oll^^l J_** tea creating an &ampu S lifestyle 'through IT Innovation Providing IT Programmes in: Providing Innovative Solutions in: Information Technology Banking Finance Business Informatics Customer Service Engineering Informatics Digital Entertainment Multimedia Infocomm Technology Education
      61 words

  • Page 35 Advertisements
    • 39 35 Always Ahead Winner of the National Infocomm Awards for 'Most Innovative Infocomm Product/Service' FairEx E-Trading Systems for Foreign Exchange With our Proprietary J I FairEx Connector Architecture T7 FairEx 828 FairEx BConnect FairEx Super Trader FairEx International Financial Systems
      39 words

  • Page 36 Advertisements
    • 102 36 2002 Awards. W* National Infocomm Awards. This award aims to provide a platform for recognising the innovative adoption of infocomm I technologies by companies based in Singapore. Our partners were nominated the most innovative infocomm products. We're proud that Sun's FW( Grid Node 0 SUN MICROSYSTEMS PTE LTD |k l
      102 words

  • Page 37 Advertisements
    • 200 37 i ■Pt m^^<sV^H l B.' W> jm^^M %j I 1 •»> Hf> I tt j flk l i WKr--aM When software lets you quickly capitalize on new customer opportunities, that's business with .NET. Talking about what customers want is one thing. Discovering exactly what they want and deriving revenue from
      200 words

  • Page 38 Advertisements
    • 134 38 H*- V/y// «nfotalk P.". V v-1 I#S < y y- 1 v Info Talk revolutionizes the speech industry by providing a complete suite of self-developed speech products Info Talk RSVP. Info Talk is fully dedicated to empower customers to build powerful voiceenabled business applications. R: Recognition InfoTalk-Recognizer _K_ S: Text-to-speech
      134 words

  • Page 39 Advertisements
    • 105 39 Paying up Jrf if&l has never been easier. Simpty convenient Simply secure. Tele Money Mobile Payments makes paying up so much easier and secure for both consumers and businesses be it over the Internet, mobile or proximity channel. Its creator SystemsQWork innovativety turns the mobile phone into a device that
      105 words

  • Page 40 Advertisements
    • 77 40 j mmjm '*"'5; ~t* 4. w*'- rv VV '<pfo?*- *->*» -"',V-*« r *>;.- saP^jSgllSl! r^LA^ y. *1 ?k/£*.,~*s\ w ,j. >1% Jf- I\£.." ■■■>•. "T V »'j. -r- y K T f 5 J -V I i '.V r* fS£ V'" v i n t t* i v^a'^v B V~.
      77 words

  • SHIPPING TIMES
    • 123 41 Reuters THE Baltic Pry Index (BDI) fell nine points to 1,071, the Baltic PanamaT Index (BPT) lost six points to 1*049, the Baltic Handymax Index (BHI) firmed one point to 7314 and the Raltlr fiyha Index (BCD was down 21 points to 1,293. ♦Anangel Destiny (built 1999) *****014.5 on
      Reuters  -  123 words
    • 225 41 »a CWT DMribUtton—0.88 -0.01 27 Oman Hup 044 uncft 1121 Coacaln*«a<>want_a£3 HUM 503 FraMNUnka 0.06 uneft so Willi— m are aoi 20 MCHeMh«^HK—5.60 uncft 0 Jay* HoMBnqs 0-26 -0.01 2*19 K*pp*<Corp 4.06 -0.02 (775 KWH Marin* a* -0.01 487 K*8p*»T*t* tM 0.01 30 I Mfll Maria* n T7
      225 words
    • 426 41  -  Expert panel finds discrepancies in accounting of registry income By Donald Urquhart [SINGAPORE] Liberia's maritime authorities have once again come under fire in yet another damning United Nations (UN) Security Council report detailing the West African country's flagrant violation of international sanctions against it.
      FILE PHOTO  -  426 words
    • 345 41 Plan to sell stakes to lines may help share sale: analysts Bloomberg [SINGAPORE] In a bid to stem further customer defections, PSA Corporation may speed up its initial share sale if a plan to sell stakes to shipping lines helps secure clients, analysts said. PSA's
      Bloomberg  -  345 words
    • PORT Shots
      • 66 41 [SINGAPORE} Kawasaki Risen Kaisha Ltd (K Line) has renamed its joint venture Korean agency Dongwoo Maritime Co Ltd to the more familiar K Line (Korea) Ltd. Established in 1990 with K Line's Korean partners, the renamed Dongwoo will continue to act as a general agent
        66 words
      • 131 41 AP {TAIPEI] A Greek shipping company has paid Taiwan NTS6I.3 million (553.19 million) in compensation for the cleanup of oil spilled from a cargo ship off Taiwan's southern coast, an official said. But Taiwan is demanding more money in damages from the Nissos Amorgos
        AP  -  131 words
    • 115 41 [TAKAHAMA, Japan] A steel case of mixed plutonium-uranium oxide fuel being unloaded from the British-flagged cargo ship Pacific Pintail at a Kansai Electric Power Co Incport in the Sea of Japan, some 400 kilometres west of Tokyo. The environmental group Greenpeace said that a planned
      AFP  -  115 words
    • 174 41 [SINGAPORE] Malaysian International Shipping Corporation (MISC) has made a foray into the Middle East through a joint venture with Saudi Arabian firm Bakri Navigation Co Ltd. The equal split joint venture will enable MISC a unit of Malaysian state oil company Petronas to
      174 words
    • 308 41  -  By\ Beth Jinks {SINGAPORE] The Maritime and Port Authority of Singapore (MPA) is still awaiting a formal approach by US Customs over its box pre-screening plans, but says port security is a shared priority. The Port of Rotterdam announced last
      308 words
    • 313 41  -  -By Beth Jinks [SINGAPORE] Europe's third busiest container port, Antwerp, got off to a flying start in the first quarter of 2002, achieving 11 per cent container throughput growth year on year, with record figures in March, prompting talk of a turnaround. However,
      313 words
    • 937 42  -  STRAIT TALE -By] David Hughes OWNERS of ships of more than 5,392 displacement tons will have to pay an extra US$4OO from June 1 to transit Panama Canal following the Panama Canal Authority's (ACP's) decision to impose a security fee. It says the
      AP  -  937 words
    • 192 42 PAOC F«M 4 AupmMp to Gewortrws 4 Avmt M 6 Li* tO rtwgMas 5 GtorrNn 10 BSA 6 4 BSC W HMterrS* 5 n 10 Hot# 9 CMACGM 3 Hewg-A 3 COSCO 3 HubUne 10 CertrriEi 4 HUM. 10 Ouhap 10 Hywtfai 4 CIMMSIW S "Com 4
      192 words
    • 13115 46 THEBUSINESSTIMES EXPORT ETA ETA Advertiser Voyage ETA ETA Advertiser VttHl Voyaqe TeMphone n N m N m Nunber Number SIN Destn Nam* Nam* Number Number 25/05 16/06 UASC NAJPAN C191W ********** k>M 7 L0 EM AM)MV «A»a»«0L WCMOW > wu< 01/05 04/06 COSCO FRANCE OOOTW ********** /ns a/05
      13,115 words
    • SHIPS IN PORT
      • 555 51 V»y Wo Berth Arrival Departure Jrai Nrt "ARUM DAN OVJjn J25 23/04/200 24/04/200 IT R8 2113 202 JOI 23/04/800 23/04/15.00 IT MRU TAR ***** M 23/04/800 23/04/16.00 IIPAUSTAN2 ***** JOI 23/04/fcOO 23/04/1600 IT SWT MM ***** JOI 23/04*00 23/04/1600 LUBSTa LU2204 J10 23/04/100 23/0^2000 IT HARAPAR J APR-23
        555 words
      • 1512 51 Kctnrm or expoh ra cowt/uhem awd La aurto *MUa«/ftaiwc» tsth Ftb/Btr Nrtoi ftvm To Fraa ia sum mm art* a /vase aw 2Vmb zvm zun zvm fOT* /4MB t n am* iwm ivdmo I > MMO WW MW *1V 2V»« II >; vx :■!.■*,■:< ;■■■»OC »«2 aM arm*
        1,512 words
      • 171 51 April 28 Australia: Anzac Day Italy: Liberation Day Day April 29 Japan: Greenery Day Mayl Singapore: Labour Day China: Labour Day Germany: Labour Day Hong Kong: Labour Day Italy: Labour Day Norway: Labour Day Philippines: Labour Day Sweden: Labour Day France: labour Day South Korea: Labour Day Taiwan:
        171 words
      • 760 51 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranees 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
        760 words
      • 335 51 5**** «L4 SJ OOO 9 OJU !Hif 553 wammm «»*MtCS 4 0 toot «M *»*M Wi U HI t« 002 wn W" 0* I7J OOO 4ft 004 %v mmmus i o o 0 0 0 0at, c LJ 1 £[5 2 J* JJ J* J* mi
        335 words
    • AIR & LAND transport
      • 538 52 The dno are expected to be forced to shed 10 or less H&neda slots Bloomberg Dow Jones Newswires [TOKYO] Japan's anti-mo-nopoly watchdog is widely expected to approve a revised merger plan later this week for Japan Airlines Co (JAL) and Japan Air System
        Bloomberg; Dow Jones Newswires  -  538 words
      • 344 52 Reuters [HONG KONG] Hong Kong's dominant airline, Cathay Pacific Airways, said that it plans to restructure its cargo operations along with those of subsidiary, Air Hong Kong, but the move will not result in any forced redundancies. Asia's fourth largest airline by capacity said
        Reuters  -  344 words
      • 333 52  -  By Donald Urquhart [SINGAPORE] United Parcel Service (UPS) Inc recorded a slight rise in first quarter profit, due in part to growth in its non-package division, which includes its logistics business. While the transportation and logistics company recorded only a slight 1.3
        FILE PHOTO  -  333 words
      • 695 52 But smaller carriers may be edged out by giants Reuters [SHANGHAI! China's top airlines are expected to fly in brighter skies this year as global economic recovery lifts overseas revenues while a massive domestic consolidation helps lower costs at home, analysts said.
        Reuters  -  695 words
      • 137 52 AP [KUALA LUMPUR] Malaysia's national carrier Malaysia Airlines (MAS) has sought the Indian government's approval to operate more flights between the two countries to improve tourism, Malaysian officials. MAS wants to introduce a weekly route between Calcutta and Kuala Lumpur and boost its flights
        AP  -  137 words
      • 459 52 More execs buy leisure fares, use low-fare airlines, video conferences Bloomberg [WASHINGTON] Sixty per cent of US companies plan to spend less on air travel this year as executives buy leisure fares, use low-fare carriers and hold video conferences instead of flying. a
        Bloomberg  -  459 words
      • 1860 52 MMT CM HJQff |f> 0F6 1820 U4Sn 2305 UMaMt LM9771 IMS S***** 2305 aao 16 IN9763 2350 Amttrtai* SO23 0605 *1838 2225 LiWI J®® S0323 0655 SO324 2345 5026 2350 GA975 1025 WMl SOW 1725 S0990 0n0 aw a» 9am0m soso3 «5o C2352 ono MMI 0W5
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  • Page 41 Advertisements
    • 156 41 Strait Talk: Is K fair ta charge for secarity? page 2 JAL-JAS merger likely te be approved Bock Page *.1 m. mm Ati» Pacinc intake I A. An iUi International University I MmU S- Francisco, USA I tAjfe Australian Maritime College ADVANCED DIPLOMA IN I Application Open Now LOGISTICS MANAGEMENT
      156 words

  • Page 42 Advertisements
    • 541 42 I TO USA/CANADA I BBMffT I I 07WEK DESTINATIONS 551 1 I |H*giu»B—oi|i>uAs|wwaoi |—s|<maoo|w»iw|^ll TOaummu>tmrti>aua*n— ~~j OOQMMia WFI7 73/041 74/*****/05 14/05 15/05 IS/05 IS/05 11/05 i ooaciuFonu txii amloi/tsl 17/05 121/tts tvk tm tvk k/k 55* I I m m I m namim m\i 07/05 twos t*k bus »/K t»/k
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    • 56 42 WORLDGATE EXPRESS LINES PTE LTD *7j£\ m Te< *****911 Fax: *****073&*****63 EwM ■hnjwl hhii u WEBSITE: httpy/www. wortctgate. com.sg WEEKLY FCL tk LCL SERVICE TO POLLOWIMQ POPTa~ wwi m I pun I mmmmi a~| BSmffiEn"' I wwroyon wu famuli HMfrMWfi ™»i_ ~—WBI arwont/iimiA Ea<_ [glic=^ Li* WWIh m fl/H UK
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    • 474 42 Linm services naprnenlad by Members of #w Registry of #Membersaf#» Wfgos Accredited Shipping Agents. Sw» togolia Singapore Shipping Aaodrtion A«iocidion vtssa vor lu ru ra P.IUIIB SPOH IMI ft? Princess Lity 0402 26/04 27/04 05/05 t EmprwsUy 0302 13/05 14/05 22/05 I Princess lily 0502 31/05 01/06 09/06 utv m
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    • 1060 43 TO EUROPE FROM EUROPE mm. vorl an m m not m» sow im \\rna. Iwra wmm n 11 m m.nm. mm »/m u/bsis/k m/m ij/os mvmom wiv/mm/m os/mm/moi/msot ■01 MM MOT mjm IJ/W W/M 17/W 19/ M HYUOM PGKUK M M/M 00/ M M/M M/M 17/ M WW —Ml SS7W
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    • 1384 43 COLOMBO X;: T/Tl4 BITS MTC irn ?IS?SZS4 IMI 2S£, 7/ **WKf *SM«»AIIG TELI7-3SMIM MX: 17-3S3SI7t COSTAR SMlfflNfi PTI lit owMMßti/u umm »oia»/7s atnimnwi ih:trai«cpubo mnmoid/oi m»s7m «3«s3i»/w T/SMPBBT MMSnS M3IS3U/44 qwvHmomt Awtswi/m tmsnz/Ji vsi/wr str «s sm w m u uaoiammum SEPE.? 11- 52! i«c MfISMMWM- *K/WS IVW Ml I7M
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    • 425 43 *Ha wr_ w a ib ws wssa w a s» MUm -88- p -11-^ IWMWW m %/i in ys 7/5 M ii/s i.ninj'iiiij.rraßMSM MMKMM KK 14/4 W< VS M 11/5 iamm bom v/ 4 ia ys —cmm im m ma iia it/TH \mm las |n/<| ys ha |ws ivsllßmmg Ire
      425 words

  • Page 44 Advertisements
    • 1085 44 HMHme HYUNDAI MERCHANT MARINE CO., LTD. h-m* a w. immnmi IVBm WW jw MM IB> Wl M W MV |pg«l VOTISMIIBI I ITM I ART IMMIMV I 9 wwe IOfW 15/04 11/05 17/0$ 14/ M IS/05 APISAADONYI lin 11/ M M/M U/M 04/04 M/M ■nnaiK mmi u/m i;/m ii/k ii/m
      1,085 words
    • 1096 44 WAN HAi UNSS (S) PTf iff) \vt\WAN HAI LINES 1 www.waaM.CMi.tf WinMtMMmT) unun I'rna |wn[ m m mm m m«tuo n m TST 1 "J?® wWm im Hi "SIT a* Km "SIT ~»ir "STB SL. J52—55 !5_ BMRMSI acs !»!»W HAS B/*S V/tS H/K M/M U*. ■aaim am vm a*
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    • 609 44 ____WEBCLY EXPRESS SAMJN6 SCHEDULE I ALSO ACCEPTING TO All MOW THERM iMIDWaTCTnCDPOWIT^ vbsbmmk wt |nyn» |nvn»| ro/ro tu/n»l nyro 1 pbusa twin n«f» xm vm \mi 75t mbhum t*s nut \mi ~smi 55T ilwr ■AflUMBWss nw tmr tmi umi ismt hmt mm aig mg ismt if mi nmi Bjm mmmmibmbs
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    • 1011 45 VISSB. VOY KHH HKO SIN PKt DXB >A 8 DMM UK MAN HORMOZ6AN PCL-256 22/04 24/04 27/04 28/04 05/04 06/04 00/04 10/04 MAN TEHRAN PCL-257 29/04 01/0S 04/05 05/05 12/05 13/05 15/05 17/05 MVUNDAVIA PCL-258 06/05 08/03 11/05 12/05 19/05 20/05 27/05 24/05 MANKBMAN PCL-259 13/05 15/05 It/05 19/05 26/05
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    • 497 45 I R»l UK CONTINENT SERVKE I LoacOng tar I CXMITRA ROM/A TW/BMN/UK/NAN j MARYLAKI RDM/A TW/BMN/UK/NAN I Loads Sngapore. EVW Mateyma. Indona— MIDDLE-EAST SERVICE Loading tor 1 ANAJS LAND JOH/AQA/DMT PAN EXPRESS DBI/ABU/DOH/BRN/DMM/KWT 1 LOK kirti hdd/jdh/aqa I LOK PRATIMA ADN/HDO/J DH/AQA I "Loads Singapore, EVW Malayan. Indonssa USA SERVICE
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    • 779 45 r S<U*U rlfL ®L— JOSft to! Mi Jtl W- as 83! —gfljF]?T^!^e: :Biglf— 3% ——IKB- -SS! ffl ?K8 —Sffi— IJjgflgiiLJSK »>/S M/ts IrSsM -gj j#g—affrVH M mi wssa vot iccp 2 n»M7 M/M jf/05— Hnnuau S¥ P/M 27/W I ffl ill Ui SM «w« VOT «fr«' UK a —M-Jfci«—BB- —k
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    • 163 46 L^sy-P.y A LiN E Hqnq Kong Senotor _29/04 13/05 23/05 26/05 01/06 Hong Kong Senotor 825E" 29/04 15/05 20/05 21/05 Hpng Konfl Senoipr J9ZQ4 _IBZQ£ 28/05 29/05 3T705 0T706 Hong Kong Senotor 825E" 29/04 20/05 03/06 Roriodt Senator 1945E 06/051 15/05 I 26/65 I 21/65 I Rotfocfc Senotor 945E 06/05
      163 words
    • 221 46 m-s CWT GLOBEUNK PTE LTD B a*momasM:TEL:§22sl933 (3€ LIMES) FAX:*****742 m SYDNCY MCLBOUBNt Ft HANG FOBT KCLANG FAilB GUDANGKUCHING BANGKOK KARACHI BOMBAY NtW DELHI COLOMBO HO CHI MINH CITYHAimONG HANOI BBIUEN HAMBURGTIANJINOINGDAO SHANGHAIXIAMEN FUZHOU-OALIANXIANBUJINGiHI JIA ZHUANG W DIRECT SAILING TO EASTISOUTH AFRICA MOMBASA DURBAN /y JOHANNESBURG Jf —i CAPETOWN //Sv
      221 words
    • 46 46 H WINSTAR SHIPPING PTT LTD TIL ******72 RUL *****007 CX MO M577?3000K II) wwwtji itws»anui *SrfhpWM%(o« -S«) 3 SAp WmUt mm, VM, M) Im** «j*«| P«i CmMmt Pin Dmt h few FOACI/ 11 jljiiiiml FQCKi ii, OrnnfmHmp DmHiDmi iSttmlm SMm PROJECT CARGO fm |II i|l *U.HC*LamrnKmb
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    • 216 46 MYANMA FIVE STAR UNE "cma-r WSH VOT m m m m OMSNWItUW S4W SU PAGAM V3O4W J|» OUUTSU: KNKIUt SMPPMC MOCK ML 03-*****300 KL 03-*****101 PBfc 04-*****02 tg| BANK LINE U «r»fco of kaktw MNr VF NORTHBOUND TO fUBQfj" V CCWmOt, ROKO, NUU t HUVTUFTS VBSa SM m NMS NUU
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  • Page 49 Advertisements
    • 59 49 PIFBWSAHA^PMUK KALIMANTAN DIRECT WIIKLY SERVICE TO 1 IAJOUrrA/P<UaUAJ«C/DOMAJ 1 I 1 a I T I rut hati 1-mSSBf 2<5--S<S—S4S—ZZZZsZHZi BB= t3/tj n/ir »*/w M/W H7B —H7B SMtAMTA/mUAIW i U% Iw« I *?T*s J" i l rHMWMift/raum limu l Ifa I I Tnwtftw M/M M/X I W/M I M/M I ruuui
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    • 82 49 SIM PAUR OUDANQ StN DAILY SAILINGS [VESSEL IVOY I fTAPCInHV I VOT I £TASW| g| I??™.- agw acoMg IQOtDPUBWI ***** I 24/Ql/O? I wro |i*»TH I HdH'O? ITHUII rnwnt** Si at/oiig m S n)octa »c |aome<nw|i4g< Z7mb\ va |i«gw 2*OMa|«w Accepting IJC cargo ft Rnkr Cantrimr (SOQ |OOQ AGENTS: PANCON
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    • 68 49 umum —i /ctut/wc/ mmmm mm wSSm uulumu w*T ■vstm murm caawo/Twri ■A3W »n tbi sauratt ommluhcm aw w—im—T) iHw"" WMjM— PHOENIX SHIPPING rn> lid MONTHLY DnCAKBULK jjjjEi TP SOUTHBX 5S AND MDIAM OCEAN I9LANO6 VESSEL NAME VOY VOM DUWAW PHOEKXI I 05W/5 18/05 31/06 Accepting cargo tor Madtgncir, Raunkm, SiycMM,
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    • 46 49 NMT UMSoui SSmsl)% smwoti TO tOftO SBKVKX (300 TONS K/MWP) ETA APWL 27 CONVENTIONAL VKSSEL (60 TOW PWHbOQ ETA MAY 02 ET* ETD UMMOFOR «U atnvmm mi i— wm p»bi AMS MOS/SMB MMM HMQM PMI4 MJNQTAU (SOTONDBMCKAVMLAU) THE NEW STRAITS SHIPPING CO. (PTE) LTD m;i im—
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    • 43 49 5= ESP LINES auamußumg 55 LNMKFM WW IMtW MN.MMMI wwwwiaii mi ftHBMi wkimiw rrw «l >mus ml mmi MMmvman*imnmumni uSf* !/n Smv b/w sg£» MMMM 1/W Bran 8/W IaiMM.IMM ■Mi 2/U M/M Z7/M Ml— WIS 2/tt 2S/M M/M VMM MBiTt-MWMWIQOOPmiP «:BMWHI:«MI 111 MM
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    • 605 50 JPW fc— ■HEBpB hmrlK 88 —sfs sUs H#f n6a« 970H 23-24/04 30-07/05 07-V/D WHOA* 971 M *-17/04 13W 10-H/5 JJ»RU» 972* 30-30/04 0749/05 14-14/01 JKBJttll 973R 03-04/05 10-12/05 1711/0! fvissa VOT SM CM Ol £®koi* Snfii iPW 2EFJ22L f 5O KH/M w» ii 12/05 CtflWW 047 7*30/04 07-09/05 10-19/05 IVBSa
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    • 657 50 Ivrssa HAW VOT SMGtfOtl FORT KBAMG ORTUCONC OKMGU ra a* n* n> rn ro «i«! mm w 14/14 27/14 nm 11/05 g"™L W W* JZ Sim—nm OCHWIV 04M041 *M M/>4 12/15 12/15 14/15 11/05 IINII9 -m |g nmw»- jg jfg I J 05/05 W /»5 „/Q5 -_J 111 FREIOHT LINKS
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    • 149 50 BREAKMJUC A CONVENTIONAL SBtVKK WKfCT SBtVKZ MOM STOK TO KAftACHI |mnn j gm HAS/u SEA-PAC MANAGEMBIT PTE. LTD. l««MnMfl7-V/N Apw Tawar, Sngopora 07V90S Ul Tilipliuim ******77 V r lit Mill 6273 2309 Taluc KS ***** SfAPAC MttCT HN NAUirO, OM. KOfA I 1 BMB WOW «S IKBW CONVENTIONAL SOVKE SMOAPORE
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  • Page 51 Miscellaneous
    • 131 51 LEGEND: Issued by Meteorological Service Singapore K Thunderstorm Showers S^\ Rain T Wpa?ho' Ure C Q Wind dire ction and speed in knots Cloudy Day Weather W x Hazy Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds I 1 s,i 9
      131 words