The Business Times, 3 June 2002

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Microfilm: NL24495
Total Pages: 36
1 36 The Business Times
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  • Title Section
    Lock icon Masthead
    14 1 MUA4BIAIO/03/2002 THE BUSINESS TIMES SINGAPORE est MONDAY. JUNE 3. 2002 Internet: http://business-times.asia1 com sg
    14 words
  • Article
    Lock icon MARKET SUMMARY
    67 1 STOCK KAIXEr DUKES Week Change ST1 L.67L84 -68.47 SlMSa FITUKE_2».70 -*.70 KLSECOMP 74L76 -2416 NIKKEI 11,76X70 -211U HANG SENG _1U01J4__-I2484 SET INDEX 407 JO 16£7 JAKARTA COMP_v5l0.7S +23J4 MANILA 1315.00 -2&tt TAIPEI WP1 M76J6 -3075 SEOUL COMP 706.40 -68.17 SHENZHEN B 207.04 -1137 AUST ALL ORD-X32&.10 -1330 DOW
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  • Article
    Lock icon FINANCE
    63 1 FOIEK BATES US$ St US$(S$perUS$) 1.790 £(L'SS/S$ per 1.466 1824 EUKO(lISS/SS/E). 0J37 1.677 DM 1216 1138 YEN 124.0 69.30 RM 1801 2.123 HKS 7.799 4168 BAHT 4146 2172 RUPIAH 8330 4333 run iaib SINGAPORE* 51S KUALA LUMPUR (.40 BONO KONG 5.124 JAKARTA 3900 TAIPEI tra TOKYO Lt7f SEOUL— tit
    63 words
  • Article, Illustration
    Lock icon Ex-chief of US treasury steering funds into Asia
    976 1  -  Brady says regkm could pick np l—* oeiore the US By Catherine Ong [SINGAPORE] Nicholas Brady, former US treasury secretary and father of the Brady Plan that resolved the 1980s Latin American debt crisis, is steering private equity funds into Asia, a
    976 words
  • Article
    Lock icon Want to run an HDB carpark?
    285 1  -  By} Vince Chong [SINGAPORE] So you think you can turn a profit running the Housing Development Board's carparks? Well, the HDB has an offer for you. In response to a column in BT on the operations of HDB carparks, the board said that if
    285 words
  • Article
    Lock icon GLCs won't fade away easily
    688 1  -  OWMBnfSKT He imperative for Temasek is to make sure they ahap up, says esmaann on CATHERINE ONG ROME wasn't built in a day. So don't expect the mighty of government-linked companies (GLCs) that first took shape more than three decades ago to be dismantled any
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      100 1 nwmu BT Commut Saving the subcontinent from itself. Vlkrmm Khmnnm, Nmxt Pmgm Top stories India-Pakistan feud, dull Wall St hit S'pore market cap. *93 Marina Square archery range and gun dub shut down. PW ÜBS, Tenaga dispute term in bond deal. Pg 9 Thai Airways to seek investors in Europe.
      100 words
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      47 1 Businessman sues Chance for ex-Keppel Bank deeper KL, flllld unit for SBm Jakarta ties N' v f i M'sia beckons There's scope for Singapore players in Malaysia's tech hub Btzrrpgi Classroom bonanza It pays to be a supplier of IT to Singapore schools Lee Han Shlh, BizTTPg5
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      15 1 V /f rn/f X W I s "'-..ij». V. Vim ».i v i i M
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  • NEXT page
    • Article, Illustration
      Lock icon Saving the subcontinent from itself
      703 2  -  ECONOMICS Aaean, too, iboqhlxIdltgTotee to tlwo c« mnglw India and Paktotaa to pnD back from thahrfaik vikram khanna GIVEN the non-negligible prospect of a war—perhaps a nuclear war—between India and Pakistan, it seems trivial, even frivolous, to dwell on anything else in Asia at the
      703 words
    • Article
      Lock icon Businessman sues ex-Keppel Bank fund unit for $8m
      517 2  -  i exclusive Keppelnnit contests claims, saying they are nteaahle By i Conrad Raj [SINGAPORE] A businessman, whose family once owned the huge four-acre Siang Lim Park in Guillemard Road, has sued a fluid management subsidiary of the former Keppel Bank for some
      517 words
    • Article, Illustration
      Lock icon LBOs create entrepreneurs too: UBS Capital chief
      889 2  -  By\ Paul Chan [SINGAPORE] David Lai, president of ÜBS Capital Asia-Pacific (S) Ltd, a buyout firm, looked like a chronic insomniac on Friday but a very happy one. After a long, hard slog, his team had finally closed one of its best deals
      FILE PHOTO  -  889 words
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      199 2 II School of Business fit Management II PhD in Business Management Doctor of Business Administration (DBjU MBA in General Management I MBA in Strategic Marketing A I WHI MBA in Financial Management [mi Entrepreneurship MBA International MBA University of MBA in Chinese South Australia Master of Science (Marketing) Master of
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      118 3 Minutes to city. PRICED TO SELL from $488,000 or 3369 psf (3-bodroom) onw:irci r >. (>o.S(/ y C)or?oon/o/?/ c//?d (lot?// -a J New Launch from 31 May 2002 6 Kim Koa1 Road Sales Office Open No restriction on foreign own'.r'.hip t o is A life in style begins with your
      118 words
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      380 3 LION CITY HOTEL II THE SENSIBLE HOTEL Comfort Convenience Affordable .J E SKOAL i ID moMonoN -ja JBt Power /OSSfcEFJ •i-.-iUMStata ./s«fe •lOmmdrmf V «t TMih+CmHSmtoOf, AMU miSmt+ftk* •MmoMfa 0111 15. Ton)ong Kotong Rood, Singapore *****0 Website: http://www.ltoodryhotel.com.sg Emo«: khotelOpodfk.net.sg T+HHOXmnksdmptimimimhtmSSr. I Lianhe Zaobao I I Assets and profits I
      380 words
  • SINGAPORE companies
    • Article, Illustration
      Lock icon $7.4b wiped off May market capitalisation
      929 3  -  Value drops to $261b as funds are shifted to North Asian markets By Vince Chong RISING tensions in South Asia and an uninspiring Wall Street performance wiped some $7.4 billion off the market value of the Singapore bourse during the month of May. Based
      REUTERS  -  929 words
    • Article, Illustration
      Lock icon Make S'pore an int'l buyout centre
      769 5  -  —u&cidESEZ^H paul chan BUYOUT funds a private equity asset class invented in the 1980s are making a comeback in the US, and the wave is spreading to the Asia-Pacific. Singapore can and should become an international financial centre for buyouts. A buyout involves a
      AFP  -  769 words
    • Article, Illustration
      Lock icon Sin Soon Huat to wind up Thai associates
      449 5  -  It will port a tag for FT 02, change focus to China By' Vince Chong PETROLEUM industry hardware supplier Sin Soon Huat will channel business efforts towards China after winding up its presence in Thailand. In a statement on Friday, the firm
      FILE PHOTO  -  449 words
    • Article
      Lock icon Quotation of Singapore Government Stocks (May 31, 2002)
      81 5 *TE*ST S I P 5JS T iSSS PCUJD,IS ISMCOOE DATES WTBEST *XHJB)HTB€ST) (*H» WM6 I' 3B KM> OH f IXUDMctT "2 M jgy KEt3 aowcg ml f t» 10M6 I EM r SMUM7« V/'.- "QB» e..« w J'Mfi' m—m ti uu> 1
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Untitled
      260 4 OTHER SINGAPORE INDICES May 31 VALUE CLOSE Wfmm -472.00 ♦33.00 BTC—I -*****.00 <68.00 WlMgH -*****.00 -47.00 444.41 -1.45 150.37 +1.61 WpBwHi 1500.84 -3.52 Hilililhn 411.79 -9.04 —i»IPW 208.41 -2.65 mnaHkmm 209.70 2.00 AeiemedteSc 76,775,000 54,306,000 WwTech 10c 51*850,000 BLMUS20C 49,203,000 SingTel 15c 40,749,000 ST 1m 10c 39,002,000 ThaMfage5c 37,081,000 KLWHM(ilOc
      260 words
    • Article, Illustration
      Lock icon AirOcean seen as good value play on pick-up in global trade
      285 4  -  HOT STOCK/ WARRANT By Ven Sreenivasan THE stock of freight and logistics company Air Ocean Group has retraced some 16 per cent in the last three weeks, in tandem with the generally bearish sentiment overhanging the market. It closed
      285 words
    • Article, Illustration
      Lock icon No hope of market recovery without fear
      757 4  -  li comment STOCKS r. sivanithy IN early March, the Straits Times Index tried to close the gap between 1,813 and 1,849, which first appeared on the charts on March 12-13 last year. It failed despite two attempts. At that time, this column raised
      757 words
    • Article
      Lock icon Asian units gain as S Asia tension rises
      678 4 But yen's gains constrained by fears of Bank of Japan intervention AFP [HONG KONG] Most regional currencies made limited gains against the greenback due to the worsening tension in South Asia and worries over the US economy. Japan— yn: The yen rose
      AFP  -  678 words
    • Article
      Lock icon Market Notices
      137 4 ♦NOBLE Group Ltd will go I ex-dividend (final dividend of 2JO US cents, tax not applicable), on May 81. Last J dayJbrbuying-inonaOQai :rj basis is on June 5. Date payable is on June lft. r# SWING Media Technology! gray Lt d will hold its Spedal&neral Meeting, on June
      137 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    2359 4 UNIT TRUSTS FUNDS AM Aare Aaaet IBgt (Tpm) ESSa^^^S! Star Europe Bal. 0 J» (Uiar Star Aria land i 23U toAAUnad 0.90* Star Global Technology FuKfl" 0l21» Star Bhv Finance Japan Fuidl** OJOar Star Alia BomKUSO) 0i7OV MCMRIMMIH Gowtt Aria Pec Growth lJWl JH Gcweti Global Branch 1.131/1. IBB AJGF
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      1085 5 NOTICE OF ANNUAL GENERAL MEETING SlAEnQinEEgino COmttMW LMNITEO ORDINARY BUSINESS 8.4 That the Board of Directors of the Company be and is hereby 1. To receive and adopt the Directors' Report and Audited Account* nfttu, 00(f0r g rant °P tion> accordance with the provisions ..JnsssassK: siwaaKK^KKHSK ordinary shares o(S$0 .10
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  • SINGAPORE news
    • Article, Illustration
      Lock icon Marina Square archery range and gun club shut down
      567 6  -  Landlord seeks to recover more than six months' unpaid rents By\ David Boey UNIVERSAL Archery has shut its archery range and gun club at Marina Square shopping centre after its landlord sought to recover more than half a year's unpaid rents
      FILE PHOTO  -  567 words
    • Article
      Lock icon Large overhang will weigh on commercial rente: JLL
      478 6  -  Latest report says commercial sector demand remained weak in the Ist qtr By' Vince Chong THE large supply overhang in the commercial property sector will continue to put pressure on rents in the short to medium term, said one property consultant. According
      478 words
    • Article, Illustration
      Lock icon April import price index extends fall with 0.9% dip
      346 6  -  on the economy import prices By] David Boey PRICES of imported goods tracked by the Import Price Index declined 0.9 per cent year-on-year to 102.6 points in April, extending the 0.7 per cent dip in March, latest Department of Statistics futures
      Source: DOS  -  346 words
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      447 6 Where to wine, dine and entertain... j^E&s wiNe m4> et/zz Every first Monday of the month is fflne Cheese Night at the Discovery Pub. For just $18 per person, enjoy featured cheeses and *Mnes on promotion from 6.30pm to B.oopm Mnes not on promotion are atso avallabte at Happy How
      447 words
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      99 6 <Sfc>ice i/twyi/tnp Jr 2 to 15 June 2002 Choose from our variety of savoury Cantonese, Teochew, Fujian and Nonya dumplings this T Dumpling Festival, these tasty festival delights arc priced from S3 00 to $28.00 each. For advance orders, please call Mandarin Deli at 6831 6285. US V O—W ,t
      99 words
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  • MAIL bag
    • Article
      Lock icon EISC doesn't choose GLCs for divestment
      191 7  -  Ong Ye Kung Head (Secretariat) for Chairman Entrepreneurship and Internationalisation Subcommittee THE article "Rules needed to curb stat boards' encroachment" (BT, Aug 31) was accompanied by a table titled "Joining the fray", which listed selected statutory boards' subsidiaries. While it was stated in small
      191 words
    • Article
      Lock icon Why hold on to odd-lot boards, SGX?
      246 7  -  Narayana Narayana Singapore I REFER to the letter "Trade shares without board lots" (Mailbag, May 31) by Alison Cousland. I couldn't agree more with the arguments advanced by Ms Cousland. I should add that it is inexplicable why the Singapore Exchange (SGX) should
      246 words
    • Article
      Lock icon GLCs can help lower cost of doing business
      145 7  -  Lu Kee Hong Singapore I REFER to the article "Govt urged to reduce its role in business" (BT, May 31) by Catherine Ong. What is wrong with government-linked companies competing in the business world if the services and products they provide are
      145 words
    • Article
      Lock icon Get civil servants to become more entrepreneurial
      297 7  -  David Hew Singapore I REFER to the article "Singapore can be arts, business hub: Tharman" (BT, May 30) by Adeline Chia. Tharman Shanmugaratnam, Senior Minister of State for Trade, Industry and Education* said it is not just a question of creating entrepreneurs but
      297 words
    • Article, Illustration
      Lock icon Not right to exclude carparks' devt costs
      403 7  -  Wee Kiat Sia Head, Car Parks Section Housing Administration Department Housing Development Board I REFER to Lee Han Shih's article on HDB carpark operations (BT, May 28). Mr Lee says that HDB carparks are profitable because development costs should not be taken into
      FILE PHOTO  -  403 words
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      174 7 Hn)0)||||H mKhnmnma i—»ft f Know the difference? An extra ftrofca, a *i*3ta r>«w maaning. laarn Chinas* I|| L-l- i-r,-. wixn neip nuvit tha opart*. FindVfutor in Uanha Zabbao <?aßifiad. **rm. ft IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF HRM SOLUTIONS PTE LTD (IN
      174 words
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      68 7 Your goals are the focus I ur dedicated crew skilled professionals. They share I and specialize uncovering opportunities I I SrSIH that create long-term value for you. No matter how complex I personal corporate needs, you I possible, whether you work with us ÜBS Private I manager At our investment
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  • ARTS festival
    • Article
      Lock icon Liquid display
      725 8  -  The combination of tonal colours of water and visual effects in Tan Dun's works has the effect of installation music on niMCDßnauo FRANK DEMEGLIO The writer is a concert pianist and BT's music reviewer far the arts festival IMAGINE if you will it is evening as you approach
      725 words
    • Article, Illustration
      Lock icon Emotions take leave of Birdbrain
      709 8  -  Byi Cheah Ui-Hoon AUSTRALIAN Dance Theatre's (ADT) Birdbrain has been called the company's "cygnature" work, and no wonder. As a 70-minute nointermission work (not just in terms of timing but in pacing as well), Birdbrain showcases the strengths of the company an innovative choreographer who
      TAN SUAN ANN/ST  -  709 words
    • Article
      Lock icon FESTIVAL PICKINGS
      135 8 Windsbacher Knabenchor (Germany) See and hear 70 boys aged seven to 20 present an evening of eclectic tunes. Founded in 1946, Windsbacher Knabenchor is widely regarded as one of Europe's most prestigious boys' choirs. Enjoy an engaging mix of sacred and secular works from Bach's motet for double
      135 words
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      1405 8 Deutsche Bank (Incorporated in the Federal Republic of Germany) Group Balance Sheet I Group IncomeTstatement fii€m. 1.1. 31.12. 1.1.-3112 31.12.2001 31.12.2000 2001 2000 Cash and due from banks 10,388 8,502 Interest revenues 53,639 ***** Interest-earning deposits with banks 37,986 46,733 Interest expense 45,019 ***** Central bank funds sold 4 240
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  • REGIONAL news
    • NOTE Book
      • Article
        Lock icon Travel warnings hit India's tourism
        68 9 AFP [NEW DELHI] India's tourism industry has been hit hard by international warnings against travel to Pakistan and India, with around 30 per cent of hotel bookings in India's main cities being cancelled in the past few days, industry officials said yesterday. The cancellations came
        AFP  -  68 words
      • Article
        Lock icon No talks with Musharraf: Vajpayee
        70 9 Reuters [NEW DELHI/ISLAMABAD] Indian Prime Minister Atal Behari Vajpayee yesterday ruled out talks with Pakistan President Pervez Musharraf as the two leaders left for a security conference in central Asia, seen as an opportunity to ease war tensions. Both leaders will come under intense pressure
        Reuters  -  70 words
      • Article
        Lock icon Myanmar expels 500 Thais: report
        65 9 Reuters [BANGKOK] Myanmar has expelled some 500 Thai workers, a Thai newspaper reported yesterday, in a flirther sign of deteriorating relations between the two South-east Asian neighbours. Myanmar and Thailand have been embroiled in a war of words over military skirmishes on their common border
        Reuters  -  65 words
      • Article
        Lock icon M'sia cracks down on Cup betting
        74 9 Reuters [KUALA LUMPUR] Malaysian police have set up a task force to crack down on bookmakers during the World Cup, theJVeic Straits Times reported yesterday. "Hie task force will concentrate on nabbing bookmakers with links to international betting syndicates, the paper said, citing police
        Reuters  -  74 words
      • Article
        Lock icon Philippine revenue 10% below target
        97 9 Reuters l MANILA J Philippine revenues in the first five months of the year fell below target by 16.1 percent, 0r30.706 billion pesos (Ssl.l billion), an indication the government may have overshot its budget deficit goal in file period, government data yesterday showed. A government
        Reuters  -  97 words
      • Article
        Lock icon Wolfowitz arrives in Manila
        33 9 AFP [MANILA] US Deputy Defence Secretary Paul Wolfowitz arrived in Manila yesterday for talks with President Gloria Arroyo on the joint anti-terrorism effort in southern Philippines, officials said. —AFP
        AFP  -  33 words
    • Article
      Lock icon KL, Jakarta: much to learn from each other
      1054 9  -  Times have changed but they're natural partners, says KARIM RASLAN The writer is a Kuala Lumpur-based lawyer and author TODAY, Malaysian Deputy Prime Minister Abdullah Badawi will lead a large delegation of political and business leaders to Indonesia. The entourage includes all
      1,054 words
    • Article
      Lock icon UBS, Tenaga dispute term in bond deal
      539 9 SINGAPORE Existence of refinancing option in contract shocks many investors NYT WHEN ÜBS Warburg helped the Malaysian utility company Tenaga Nasional sell US$BOO million in bonds back in 1997, the deal was hailed as a financial coup for both. Now a tangled closed-door
      NYT  -  539 words
    • Article, Illustration
      Lock icon M'sian growth seen exceeding 4%
      255 9 KUALA LUMPUR AFP PRIME Minister Mahathir Mohamad has painted a rosy picture of the Malaysian economy amid recovery of its top trading partner the US, a report said yesterday. Dr Mahathir, who is also the finance minister, was cited by the Sunday Star newspaper as
      AFP  -  255 words
    • Article
      Lock icon Glitches may delay launch of Proton's own engine
      444 9 KUALA LUMPUR Reuters EFFORTS by Perusahaan Otomobil Nasional (Proton) to make its own engine have run into delays that may thwart the top Malaysian carmaker's aim of launching the key component by the end of the year. And engine trouble, albeit of
      Reuters  -  444 words
    • Article
      Lock icon Korean car makers keen to set up factories in Kedah
      79 9 I SUNGAI PETANI Bernama TWO South Korean car makers are keen to set up car assembly factories in Kedah, Mentri Besar Syed Razak Syed Zain said yesterday. He said memorandums of understanding have been signed between two Malay- sian companies
      Bernama  -  79 words
    • Article
      Lock icon Corruption rife in Asian justice: study
      708 10 SINGAPORE Expats view only four countries favourably, with S'pore rated tops AFP CORRUPTION and political interference are rife throughout police and justice systems in Asia, according to a regional survey in which only four countries headed by Singapore are viewed favourably. At the bottom
      AFP  -  708 words
    • Article, Illustration
      Lock icon Thai Airways to seek investors in Europe
      355 10 SHANGHAI It targets banks and partners in Star Alliance Reuters TROUBLED Thai flag carrier Thai Airways International plans a road show to Europe at the end of the year to entice another airline or a bank to take a strategic stake, the airline's
      Reuters; AFP FILE PHOTO  -  355 words
    • Article
      Lock icon PLDT board plans to block sale of First Pacific's stake
      289 10 MANILA Reuters THE board of Philippine Long Distance Telephone Co (PLDT), the country's largest telecoms firm, will try to block a planned sale of First Pacific Co Ltd's controlling stake, company sources said yesterday. Hong Kong-based First Pacific, in need
      Reuters  -  289 words
    • Article
      Lock icon Conflicts plague Thai asset agency, says World Bank
      297 10  -  TAMC may become a warehouse for bad loans, it warns From] Harish Mehta in Bangkok THE Thai Asset Management Corp (TAMC) is bedevilled by conflicts over how much debt should be forgiven, and by problems over selection of asset managers, the World
      297 words
    • Article
      Lock icon High labour costs won't disadvantage HK: economist
      270 10 HONGKONG AFP HONG KONG'S high labour costs sre not s disadvantage against regional competitors, provided the local workforce is capable of value-added services, a Nobel laureate in economics said yesterday. Speaking after a seminar here, Professor Michael Spence quashed suggestions the territory's comparatively
      AFP  -  270 words
    • Article
      Lock icon Homes demand push HK property purchases up 9.5%
      362 10 HONGKONG Reuters THE number of recorded property purchases in Hong Kong rose 9.5 per cent in the first five months of 2002, from the same period a year ago, buoyed by 84 per cent growth in the purchase of privately built new
      Reuters  -  362 words
    • Article
      Lock icon Kashmir businessmen in dire straits
      510 11 INDIA-PAKISTAN TENSION JAMMU, India Militant insurgency, border tension cot off credits, supplies AFP A 13-year-old militant insurgency and the ongoing border tension between India and Pakistan have battered Kashmir's economy to the extent that many businessmen are now bankrupt, officials said. "The business community in
      AFP  -  510 words
    • Article
      Lock icon India exports up 18% in April but war a threat to growth
      302 11 Reuters [NEW DELHI] Indian exports grew a cracking 18 per cent year-on-year in April on increased demand from its key markets, Europe and the US, but analysts said the possibility of war with Pakistan threatened future growth. Figures
      Reuters  -  302 words
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      57 9 Hl f estfrost mm*on. Wine Cooler Single Glass Door O 1850^98^jpf > 90-120(0.75^ K s I Slze^n^^^ ft 1550 x 596*665 No. of bOttt^iL > 60 80 VKG.s7o—nm*itoraa««fvw -W lv^ Size(mm): 1850 x 595 x 595 *fc No. of bottles: 90-120(0.75<0 Official Distributor: PRE MI E R www.premierappHances.cdjM Premier Appliances
      57 words
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      132 10 P R LIFE LESS ORDINHRV W§wm ll IB /4ft BeoSound 3800 s I BeoSound 9000 from Bang A Olufsen is modem icon telling us that things can be dona differently. Let It spread its wings In your room and add a little magic to your music we think great sound
      132 words
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      1075 11 Notice of Change of Agent to Holders of Securities BNP Paribas Luxembourg and BNP Pari baa Securities Services Luxembourg Branch hereby give notice to all Securities holders that BNP Pw3ms Luxembourg has transferred all the function* with regard to all issues where it acts in a principal agency capacity to
      1,075 words
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      827 11 IN THE MATTER OF YU BOOM PRIVATE UNITED (M MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FMAL MEETMG NOTICE IS HEREBY GIVEN pursuant to Saction 308(2) of the Companies Act. (Chapter 50) that the Final Meeting of the Members of the abovenamed Company win be held at 101-A Upper Croas Street. #11
      827 words
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      1609 11 SinGAPORE AIRLinES LHTIITED (Incorporated in the Republic of Smg^xxe) Notice of Annual General Meeting tlC B ven that Thirtieth Annual General Meeting of the Company will be held at the Manna Mandarin Ball room Level 1 Marina munrtann Singapore. 6 Rattles Boutevaid. Martna Square. Sinsapo™ *****4 on SaS*£Tl3 July 2002
      1,609 words
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  • RETIREMENT benefits
    • Article, Illustration
      Lock icon The sky's the limit for top US execs
      1150 12  -  In a mutual back-scratching buddy system at board level, benefits for top brass in big US corporations have become more secure and generous. Peter RoUson reports Peter Robison Bloomberg FOR retired General Electric Co (GE) chairman and chief executive officer Jack Welch,
      Bloomberg; REUTERS FILE PHOTO  -  1,150 words
  • Article, Illustration
    Lock icon FINANCE & COMMODITIES
    958 12 FINANCE COMMODITIES Week ended: May 31 HUItfiPORB OOTBijilihwT bouukHIM PBMOiTWI HM0B1 AMP TP*" 1 May 24 MM mm 7-W UN 0Mtov-02 N795I002 0.9*% 0.73* ***** 100.f7 J-T* 4.000 01**05 N*****0X 2.04% 2.00% ***** ***** 5-Yt 4125 OHaHB ******07 100% 035% 102.0 W2J2 7-Vt 4.375 IS4ct-05 ******04 2.43% 2.40% ***** 10M0
    958 words
  • Article
    Lock icon Gold rises to 4-year high, oil slips
    868 12 COMMODITY Weeklyßoundup AFP [LONDON] Gold prices leapt to their highest level in more than 4V* years last week as tensions over Kashmir mounted and the US dollar suffered another mauling. Other metals also made gains, with precious metals in demand on the back
    AFP  -  868 words
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  • Article
    Lock icon COMMODITIES
    1081 13 IT **—gg— 1 Mm, toe MW<> Srtt (IM—) M«S *t& s a 2£ as ss as s ss TMKOSmM* mi w i- Tr jxrs *»TiLOO So J» JMtt 74J0 7490 kx S ,X SS xS !S 1 M H» WJB 7415 200 MOO IttlMMflBcHttltf om n fitt **t (latof
    1,081 words
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      625 13 rag M BBR HOLDINGS (S) LTD I UUII ncof Po'«led in the Republic of Singapore) I NOTICE OF ANNUAL GENERAL MEETING I NOTICE IS HEREBY GIVEN (lim die Eighth Annual General Mm* nnD Chip Sou* S*"* I. S "W« Monday. 24 June Wthe BBR Build-*5O I Ordinary Business 8 pwposes
      625 words
  • WORLD news
    • Article
      Lock icon Analysts doubt pace of Japanese recovery
      585 13 TOKYO Urns' fall-year forecasts seen being revised after interims are pested AFP THE only way is up for Japan Inc after its battered companies closed their books on a dismal financial year, but their rosy predictions of a strong rebound this year are over-optimis-tic,
      AFP  -  585 words
    • Article
      Lock icon Debt downgrade a warning to Japan to ait deficit
      292 13 TOKYO 'Hum My* making stractural retells vital mw: minister Bloomberg THE cut In Japan's local currency sovereign debt rating to "A 2" by Moody's Investors Service should be taken as a warning that Tokyo must implement structural reforms and cut its
      Bloomberg  -  292 words
    • Article
      Lock icon Interest in hedge funds takes a dip
      676 14 BOSTON USs6.6b pat into hedge fands in Ql, sharply down from record USs&Bb in Q4 2001 Reuters INVESTORS got cheap with hedge funds early this year ending, at least for now, an investment boom long ftielled by promises to make money in all
      Reuters  -  676 words
    • Article
      Lock icon S&P creating index to gauge hedge funds
      397 14 NEW YORK Bvtmmiraws scepticism as it will track only 40 fnnds NYT HEDGE funds claim to have been among the few bright spots in the investment world the last two years. But just how well these alternative investment vehicles stack up against stocks,
      NYT  -  397 words
    • WORLD Watch
      • Article
        Lock icon Deloitte Consulting to separate
        72 14 Bloomberg [LONDON] Deloitte Consulting plans to separate from parent company Deloitte Touche through a management buyout valuing it at £2.1 billion (Ss&s billion), the Sunday Times reported. Deloitte Consulting, advised by Credit Suisse First Boston and Goldman Sachs, decided against selling to another company or to
        Bloomberg  -  72 words
      • Article
        Lock icon Global Crossing owes Lucent US$79m
        77 14 Bloomberg [NEW YORK] Lucent Technologies, Deutsche Bank and ABN Amro Holding are among the companies owed money by divisions of Global Crossing Ltd, the bankrupt fibre optic network operator, court papers show. Global Crossing Holdings owes Lucent US$79 million in unpaid bills for products and
        Bloomberg  -  77 words
      • Article
        Lock icon Al Qaeda threatens new attacks
        65 14 AFP [DUBAI] Osama bin Laden's A 1 Qaeda movement will strike again against the US and with at least the same force as on Sept 11. according tn by AlHayat newspaper. A 1 Qaeda "will continue to work to strike against the United States", spokesman
        AFP  -  65 words
      • Article
        Lock icon Credit Suisse chief survives votes
        67 14 Reuters [ZURICH] Credit Sulsae Group chairman executive Lnkaa MurilWrnmnn nn survived a vote aimed at forcing him of his titles at an annual meeting punctuated by attacks from private shareholders. The vote to split Mr Muehlemann's double mandate at Credit Suisse received only 20 per
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    • Article
      Lock icon Nasdaq, LSE seek SEC merger concessions: paper
      173 14 Reuters [LONDON] The London Stock Exchange (LSE) and New York's Nasdaq have asked the US Securities and ETrh«ng» Commission for regulatory concessions as a precursor to a merger between the two, a British paper said yesterday. The Sunday Telegraph, citing a United States
      Reuters  -  173 words
    • Article
      Lock icon White House aims to tighten controls on govt spending
      342 15 AFP (WASHINGTON] The White House said it would require tighter controls on government spending amid escalating costs in the war on terror after an audit found US$2O billion in mistaken payments last year. The lost amount cited in the Office of
      AFP  -  342 words
    • Article, Illustration
      Lock icon UK stocks yield 7% over past 50 years
      641 16  -  Next best Is property, as nation celebrates Qneen's Golden Jubilee From Neil Behrman in London THE Queen's Golden Jubilee is being celebrated and what a difference 50 years makes for UK investments. The message of this period is that it pays to
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    • Article
      Lock icon SEC pursuing 10 analyst conflict probes
      397 16 WASHINGTON Reuters ADDING to the credibility crisis engulfing Wall Street analysts, the top US markets regulator has said it is pursuing 10 inquiries into possible analyst conflicts of interest, a lawmaker said on Friday. Indicating a major acceleration by the Securities and Exchange Commission
      Reuters  -  397 words
    • Article
      Lock icon Wall St wary of Indo-Pakistan row, falling US$
      422 16 NEW YORK Key economic data also set to keep market on edge Reuters STOCKS are set to churn sideways to higher this week as Wall Street digests a pile of key economic data. But increasing tensions between India and Pakistan could throw
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  • Article
    Lock icon BROKERS' RECOMMENDATIONS
    584 14 jiiaaMn»«iipkMl««llilp«Mi«MliM<i iiijifi»pM*m*«an m™** no m iX SO *77 10-7 WCOMBBCTOM FORECAST Snsl!«sgus«g *m *m 1SJ0 w SMBMffUMR TK8 WEEK LAST WEEK EPS It) PE Wnw«) !<SB*ISB«aAl!HS \Mmwtum m gu ga *at 44 Mi gaga a* L7 MIw>hTii»h>hiiU< m ij in in i I'm III'II iao n.r ?"""*> SasS*
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  • Article
    Lock icon SGX
    610 14 Week ended: May 31 a— omm trnmm m am o—» g* M «M IWMlfc OJO li« <UH SoS*" ill ftS IS M? MK gsS ss.ts s?r Hjfc ss :s OHttp MS MlW 4JH *A*0c U1 12.700 -0400 gj£5"«* J2 fS 122 2ft* in M» 22s l"Wl *k Ml 14M
    610 words
  • Article
    Lock icon BONDS & WARRANTS
    586 14 BONDS WARRANTS t«t MCm Eaar Mk c —»—> ««r- fWH<i Met *«ee*w u> AST11MM0621 26 2 105 1 16 5 1 54 25 Acma Ltd W****** 1 50 S24 2J3 10 AfiWkMHOtM 57 15 010 1 13 7 1.40 17 Armstrong **>***** 4 1 10 33 2£3 24 AMR**rw«***** 05
    586 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Lock icon Page 14 Miscellaneous Column 1
      167 14 UtKPfIU CROSSWORD 25 Ihe way to (ravel (6) muni <®2 Aero®* 1 SHypoint, 6 Club, 10 T7.7 14 What wsVe aR agreed to be Decor, 11 Oppressor, 12 Ckwera9e 8X set. 13 Rooks, 15 Hearths, 17 3 15 Get tot down (3,2,3) Curable. 19 Pelican, 21 Deposit. 16 About to
      167 words
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  • Article
    Lock icon SGX MAINBOARD
    1518 15 Week ended: May 31 for Hve prices, log on to iim^wxisicioTiemarketsxorn a A g'-ya.-isns-aTaias.— a. a 9 6 ASNAmroNLG 56c 9 12 11 ,a i «s s 3 s» ns s *j s «i SI aiSBfteiz 5" "cSrX* =t w 5 Z »i ?i s *188=====? i* 5
    1,518 words
  • Article
    Lock icon SGX XTRANET
    43 15 ■ff 7 f -*-r jg w. iSL jr-aya.** lOHO BIO i Dumora* USMMcd ttsc WOsBOJUSTach UMHOcd S75 <• 5 MSG Spar* UH75 izs* we i eseme usnmm tnOOtKOsSTOK USNMM MB WW t ST1 FIT MO NK -B 100 1777 MM MN 170*
    43 words
  • Article
    Lock icon SGX SESDAQ
    741 15 !L f a J'-aya.-t isn g-s^s *5 IJ c iSo/v" k IT, 17 *3 W 17i BJ p 053 273 t 45**,*n S? TO 39 2j W J r s J 1 1 5 s s s 1 Hf===« T2 "S 3 S »1 Sc'fiSSt'iliizz^ 5 3 Si
    741 words
  • Article
    Lock icon CLOB INTERNATIONAL
    109 15 a •> ■J .fu- ■T'S. T j-? ■a :s: sssss.— ss a s 's is M M MW wjngw HK '/BO 240 (1 £7 1 MK^ Otyt SeMwwuUHK 55 51 2 74 ]i J45 jlt7 <***200OUS 755 45 ms *5 113 <MngMU5 115 -1 UK 1*5 175 18
    109 words
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      115 16 n i*fc~ E* trn power J f\ f *W< .'./SfOTff •ry r IVhon ,1 oomos to ininmunii.iliini with tho lu.'i.itivo Chinos.- in.ukot. no ono otlo.s you lu-tloi n.i10.i,,0 Ih.in SI'H 1 ri 1 k 'W oxolusivo into.ii.Uion ot I i.inho Z.ioh.io. I i.uiho W.mluo Shin Mm H.nly Now- .iiut Ui.innol
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      84 16 ;Jlri ovcr mu l ~d professionals S V "tiding lawyers chartered accountants R Ik 1 4 1v chartered secretaries and bankers Have E W provided confidential and cost effective JK corn P'i t! > formation m all the ma,or low t.iK *)'< is mcludmg yyy, ''f >* >&■ -S-"?£ J(p
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  • BIZIT
    • Article, Illustration
      Lock icon More scope for S'pore players as MSC unfolds
      766 17  -  nexclusive With Malaysia's tech hub evolving dynamically, there are more opportunities for mutual projects to tap Asean and global markets MSC agency chief Othman Yeop Abdullah tells tmaHiMi—' KENNETH JAMES A LOT has been happening in Malaysia's Multimedia Super Corridor (MSC) in
      766 words
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      Lock icon Does it make sense to go the MSC route?
      1052 18  -  It could work for some, probably not for others, some MSC players tell hmmw m mmm KENNETH JAMES THE Multimedia Sup e r Corridor is a great idea whose execution has suffered from too much attempted too soon, the president and
      1,052 words
    • Article, Illustration
      Lock icon Analytical CRM can help boost your profit
      749 18  -  It can help yon uncover trends In customer behaviour ft|U *flrhr tmffinotnr htMaii mark heffernan The writer is CRM managing consultant with SAP Asia Pte Ltd. COMPANIES can see their profits double if they are able to retain just 5 per cent of
      749 words
    • Article
      Lock icon China to crack down on e-trash smuggling
      208 18 AP [BEIJING] China will crack down on illegal imports of junked computers and other high-tech trash following reports of health and environmental damage caused by unsafe recycling, the official Xinhua News Agency said last Thursday. Chinese environmental officials will also shut down factories
      AP  -  208 words
    • Article, Illustration
      Lock icon SMEs to drive CRM software market here
      703 18  -  The momentum if CRM initiatives will pick up in Q3 tkisjaar, driving annual revenues teUSs242m By Chen Huifen A FLAGGING economy may have pushed the market for CRM (customer relationship management) software in Singapore into the doldrums last year but SMEs will drive
      Source: Frost & Sullivan  -  703 words
    • THE NTERNET-POWERED ENTERPRISE
      • Article, Illustration
        Lock icon Business goes wireless
        455 19  -  Universities and healthcare organisations were among the first to adopt wireless LAN. However, productivity gains and cost savings are driving corporate enterprises to jump on the bandwagon Written by Vincent Wong Vincent Wong is the Marketing Manager for Cisco Systems' Singapore operations. SINGAPORE The educational and healthcare
        455 words
      • Article
        Lock icon Minimising risks in wireless LANs
        351 19 The major benefit of wireless LANs is anywhere, any time access, but this must be achieved without exposing the network to unacceptable risks like unauthorised access or electronic "eavesdropping". It's no good being able to connect to the corporate .network from any location at speeds
        351 words
      • Article
        Lock icon Study measures benefits of Wireless LANs
        144 19 In an independent report by NOP World-Technology, based on a study of more than 300 US-based organisations, the benefits of wireless LANs have been quantified for the first time. The key findings were: Wireless LAN users stayed connected one and three quarter more hours
        144 words
      • Article, Illustration
        Lock icon NUS – The wireless university
        251 19 NUS The wireless university The National University of Singapore (NUS) has deployed a wireless network that extends to almost all parts of its ISO-hectare campus. The network is built around 350 wireless access points installed by Cisco Systems' systems integrator Sing Tel Aeradio. Before the wireless LAN was implemented this
        251 words
    • Article, Illustration
      Lock icon Dismal times a boon for used computers
      626 20  -  mjuiiuuM In a bid to cut costs, more companies are open to the option of deploying refurbished equipment uo see chtb reports LEO KEE CHYE SPURRED by the current recession and leaner IT budgets, more local firms are turning to used computers and
      FILE PHOTO  -  626 words
    • Article
      Lock icon Global LCD sales likely to beat March forecast
      182 20 Bloomberg [HONG KONG] Global sales of flat-panel displays this year will be higher than forecast in March because of greater demand from makers of desktop and notebook computers, an industry researcher said. Sales will rise 47 per cent to U5532.3 billion in
      Bloomberg  -  182 words
    • Article
      Lock icon S'pore a decade behind as biotech innovator
      693 20  -  Bit it's iaagMd position to ride many technology trends By Paul Chan SINGAPORE has rolled out the red carpet for research scientists in a race to establish a foothold in the biotech industry, but this strategy must be tempered by realistic expectations, advises
      693 words
    • Article, Illustration
      Lock icon It pays to be a supplier of IT to students
      555 21  -  hi comment INFOTECH Thanhs to Singapore's desire to hocomo the world's moat IT'Mteratocoantry, one indnstry Is still booming amid the general gio^m lee han shih The writer is a BT senior correspondent THE Singapore economy may be in trouble, but
      FILE PHOTO  -  555 words
    • Article
      Lock icon Microsoft, oilier software firms lose US$12b to piracy
      130 21 Bloomberg [WASHINGTON] A trade group for Microsoft Corp, Symantec Corp and other software makers said 81 per cent of people who downloaded business-related computer programs from the Web failed to pay for all the copies they made. Software companies lost US$l2 billion
      Bloomberg  -  130 words
    • IT TAKES
      • Article
        Lock icon Priceline comes to Singapore
        59 21 HONG KONG-BASED Hutchiaon-Priceline Travel Ltd has launched its Singapore travel website. The site allows Singapore travellers to bid for air tickets and hotel rooms online from a pool 0f25 Asian and international airlines and B,ooohotel properties around the world, Hutchiaon-Priceline—a joint venture of Hong Kong's Hutchison
        59 words
      • Article
        Lock icon Mercator solutions for CrimsonLogic
        68 21 NASDAQ-LISTED Mercator Software Inc, which provides integration software solutions, has announced that it has been appointed to build and deploy a data transformation hub for Singapore-based Crimson Logic. The Mercator technology allows Crimson Logic's partners to send electronic documents to agencies for trade declaration approval, Mercator
        68 words
      • Article
        Lock icon Mobileway expands wireless services
        48 21 US-BASED Mobileway, which provides wireless infrastructure and settlement, has announced that it will deploy new wireless services across the Asia-Pacific from Singapore, by expanding its existing Data Centre in Singapore. The new wireless services include instant messaging, infotainment, mobile marketing, m-commerce and enterprise applications.
        48 words
      • Article
        Lock icon Online printing service here
        45 21 UK-BASED WoridPay, which offers multi-currency payment processing, says Kodak Singapore has implemented online printing service with World Pay's payment solutions. The service allows Singaporeans around the world to develop and deliver digital photographs tO friendfl and family in Singapore Kodak said.
        45 words
      • Article
        Lock icon Practing Malay language online
        55 21 US-BASED Vantage Learning, which provides online essay scoring technologies, has launched an online language scoring service in Bahasa Melayu, the Malay language. Targeted at students in the South-east Asia region, the service allows them to "practice their writing skills and receive immediate feedback in their native
        55 words
      • Article
        Lock icon Witness Systems'new appointment
        35 21 NASDAQ-LISTED Witness Systems, which provides customer relationship management software, has appointed Robert Horwood as regional director of operations in Asia. Mr Horwood will be based in Witness Systems' newly-established office in Singapore.
        35 words
      • Article
        Lock icon Canada-S'pore ICT forum
        44 21 A CANADA-SINGAPORE ICT (information and communication technology) investment and partnering forum titled "Discover—The Innovative Spirit of Canada" will be held on June 17 at The Marriott Singapore. It is organised by the Canadian High Commission in Singapore. For details, e-mail P*e-hong@tVait-ma*cijjc.ca.
        44 words
      • Article
        Lock icon PC Show 2002
        36 21  -  Leo Kee Chye A FO j JR PAY exposition titled "PC Show 2002" will be held from June 6. It is organised by Lines Exposition Management Services Pte Ltd. For details, call *****611.
        36 words
    • Article
      Lock icon Linux gaining traction at powerful govt departments
      405 22 Itiapraßfaratiagia tke US and abroad, with tech giaats providing support AP [NEW YORK] Linux, the open-source operating system with an outsider mystique, is now proliferating on powerful government computer systems in the US and abroad with technology giants increasingly providing support. At a
      AP  -  405 words
    • Article
      Lock icon IBM to build world's largest supercomputer
      339 22 Deal with US weather agency is for USs224m over the next 9yrs Bloomberg [ARMONK, New York] International Business Machines Corp said it will build a supercomputer for the US weather-forecasting agency that will be at least three times more powerful than the current worldrecord
      Bloomberg  -  339 words
    • Article
      Lock icon Most users won't pay for online services
      296 22 AFP [SAN FRANCISCO] The Internet is become a growing haven for consumer deadbeats. In a survey released last week, a corporate software trade group found that more than 81 per cent of those computer users who download commercial software from the Internet fail
      AFP  -  296 words
    • Article, Illustration
      Lock icon UMC on target for larger wafers
      192 22 Bloomberg [HSINCHU, Taiwan] United Microelectronics Corp, the world's second-largest maker of chips for other companies, said it's on target to start volume production of larger silicon wafers, which will help it to cut manufacturing costs by up to a third. The company reiterated an
      Bloomberg; AFP  -  192 words
    • Article
      Lock icon Replacement sales will drive handset market: study
      286 22 They're expected to account for 77% of global sales by 2005 Reuters [CHICAGO] Tie fixture success of mobile phone makers will depend on their ability to sell "replacement phones" because 77 per cent of total global unit sales by 2005 will come from
      Reuters  -  286 words
    • ON THE SHELF
      • Article, Illustration
        Lock icon New IP pone from InnoMedia
        65 23 HOMEGROWN InnoMedla Pte Ltd, which provides Internet ami broadband IP telephony solutions, has launched its new IP (Internet Protocol) phone, targeted at broadband service providers. Similar in appearance to a regular desktop telephone, A the MTA 3308 device A costs US$25O, weighs M 0.8 kg,
        65 words
      • Article, Illustration
        Lock icon Toshiba's new digicam, PDA
        152 23 Toshiba Singapore has unveiled its new digital camera and its first PDA product: PDR-T10: The digital camera costs $629, weighs 170 grams, offers 2.0 megapixel resolution and 4x digital zoom, and measures B.scm high, 7.5 cm wide and 2.ocm deep. PocketPCe3lo: The PDA costs $749, weighs
        152 words
      • Article
        Lock icon PixMaker Pro here
        50 23 HOMEGROWN PixAround.com Pte Ltd, which provides 3D digital imaging solutions, has launched PixMaker Pro, a customisahle digital marketing solutions. It allows users to create and distribute customised interactive online content The software costs US$5O9 for the developer edition and US$B9O for the corporate editkm. For details, visit
        50 words
      • Article, Illustration
        Lock icon New inkjet printers from Lexmark
        159 23 LEXMARK International Singapore has its six new colour inkjet printers, targeted at SMEs and home users: Z25: Costs $129, offers 1,200 by 1,200 dots per inch (dpi) print resolution, and prints at 9 pages per minute (ppm) in black and 6 ppm in colour. Z35:
        159 words
      • Article, Illustration
        Lock icon Iomega's 20GB portable hard drive
        40 23 NASDAQ-LISTED lomega Corp is ready with its new portable external hard drive. The HDD Portable Hard Drive costs $379, weighs 231 grams, offers 20 GB storage, and supports USB 2.0 connectivity. For details, visit www.kmtta.amug.
        40 words
      • Article
        Lock icon Dell's now rack-optimised server
        67 23 DELL Computer Corp has unveiled its new rack-optimised server—PowerEdge 2650. The basic configuration costs $6,323, runs on two Intel Xeon processors at 1.8 GHz, comes with 18 GB hard disk, 256 MB RAM and 865 GB internal storage, and features a rack-mountable chassis measured at 8.57
        67 words
      • Article, Illustration
        Lock icon LCD TV from Samsung here
        81 23 SAMSUMU Asia Pte Ltd has debuted two TFT LCD (liquid crystal display) televisions, which can also be used as PC monitors: LWISNI3W: Coats £2.488. weighs 4.1 kg, offers 15-inch display at XGA (1,280 by 788 pixel) resolution, measures 54.6 cm wide, 3&2 cm high and
        81 words
      • Article, Illustration
        Lock icon New Titanium PowerBook G4
        99 23  -  OwpMfag Leo Kee Chye APPLE Computer has introduced two new notebook computers undo-its Titanium Powert>ookG4 brand: 887 MHz Powerßook G4: Costs |4,788, runs 011 a PowerPC G4 processor at 067 MHz, weighs 2.4 grams, comes with 256M8 RAM, 80 GB hard disk, 15-2-inch display at 1.280
        99 words
    • Article, Illustration
      Lock icon Creative's portable speaker for people on the move
      310 23  -  The company expects to roll on t similar products in tike near fntnre By 1 Leo Kee ChyeCfcye CREATIVE Technology last week debuted its first portable digital amplifier speaker, targeted at people on the move who need quality sound from their notebook
      310 words
    • Article
      Lock icon Computer giants closing for holiday week to cut costs
      128 23 AP [PALO ALTO, California] Still facing hard timpg, computing giants Hewlett-Packard Co and Sun Microsystems Inc will close shop during the week of Independence Day and require employees to go without pay or use up vacation time. Shutting down from June
      AP  -  128 words
    • NET impact
      • Article, Illustration
        Lock icon PSA extends reach overseas through Portnet.com unit
        886 24  -  The unit has made its first sale to an external customer, the Port of Seattle, reports CHUA HOI CHUA HUI MIN Technology is being called upon once more to open new doors for PSA Corp overseas, just as it has paved the way
        Source: PSA  -  886 words
      • Article
        Lock icon Taiwan Computex kicks off, with eyes on wireless
        403 24 Reuters [TAIPEI] Taiwan's Computex, the world's third-largest computer industry trade show, kicks off today as tech buyers examine the latest whiz-bang features that are hoped will stir a sluggish recovery into high gear. Analysts say the focus is likely to be on
        Reuters  -  403 words
  • Page 17 Advertisements
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      253 17 I Intentia is a world-leading provider of collaboration and integrated eO, -p. A, business solutions within the enterprise software space. Intentia offers I II T fl I pi one-stop shopping for all collaboration needs. We develop, implement. V I I i I j and maintain our solutions to produce the
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      Lock icon Page 17 Advertisements Column 2
      569 17 TOP STORIES SMEs to drive CRM software market here PIS Dismal times a boon for used computer market P|4 Singapore a decade behind as biotech innovator P*4 PSA extends reach overseas through Portnetcom unit F|B COMMENTARIES Analytical CRM can help boost your profit P*2 rr~ —*Lll toßwUfr It pays to
      569 words
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      120 19 m in smbmbbh \\l\s fl u\»iiiimiminiimroi» •> Ibm '^i| i litj JKF IPH H \x v > iLmU (Ml I Si V x. f/IHI JIB i w^^mfmw^^m w W&ViU aii iiH I I/elf llfHlL J!L 11; R B I Bf«B B ||iiHh\l|^| K V m I^KV jflA If you're thinking
      120 words
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      214 20 M 4t my vfl H"~ ftr jflrWWfißß H Kvk K aie. V <-'♦-• 'iJHk' 'fIK ~T —-*f UVU fl ;^JfS|HH^HH <w mn n |ffl| Always go for #I*. Give y° ur business the extra edge with Hewlett-Packard the undisputed leader in ,eadin g-®dg« innovations for superior performance, maximized scalability and
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      154 21 a fi I^H s>> Hr rj H 4&£- •> 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 those wants, of course, is the real goal. .NET connected
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      51 22 Infocomm experts. Innovators extraordinaire. Ideas exchange, 4 REPLY FORM "«l»"« «t (85) 6322 4»33 F.„: («S) 6224 8 Cm> M g,'2 I would like to attend the conference, please send me more information. Name: Job Title:. Company:_ Address: Tel: c««. f#x Email: fax back (U) U24 MM jj3£L iDAjsAagig jg[
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      Lock icon Page 22 Advertisements Column 2
      336 22 jj I HA^^gj^^hWlM Making Web Services on Java your Cup of Tea You already know the key promises of Web Services...unique integration This timely seminar by Borland highlights how Web Services strategies Pro9fammin9 adopted 10 reaM orld can help companies become more anguages and platA*mv..and .t doesnt end there. The
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      146 23 v,;, if»SW '^33E»bf9B!H9EF K; -r, -u New! The upgradeable 3Com® SuperStack® 3 Switch 4400 SE. Now 3Com makes it even easier for you to choose the high-performance switching solutions you need. Because now we're launching the Switch 4400 SE, offering you an amazing combination of features and value. The new
      146 words
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      149 24 Qiom yMWKVitf|lii^' transform your entfeebusimss. Web servicesare more than simpt£|t putting your applications on tltMlteb*- There a bigger financial nity out there. A road that uses||sh standards to create Web servteesjatcan transform even the bigges&Jbst complex enterprise business pniames. simply, the differ: ence between realizing marginal cost technology is ready
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  • SHIPPING TIMES
    • Article
      Lock icon SHIP SALES
      279 25 Contributed by Simpson Spence Young The dry bulk sector has remained active. si 4 JmmkmMkr fa-ttor tntiag anicyttUM ♦Petka: 75,000 Tdw Bit 94 B -i- reported sold region U5514,700,000 to clients of TMA In Germany. ♦Golden Protea: 45,725 Tdw Bit 96 Hashihama Crs4/30ts. ♦Golden Aloe: Sistership Bit 96
      Contributed by Simpson Spence & Young  -  279 words
    • Article
      Lock icon MARITIME STOCKS
      67 25 ss «8 a j£Sw«Cgp- 4M 5S M6 1P=S SS 1 I 3 1 H »<T7gg OXT SS M g£*T~r s »s gar-—,'ig |jj -52 MM^i «tt« w- w !E3E£3£!££ TS *£2 IMMtUW MO UK* 0 grJftSiirL* —4.10 well 70 tUfMltm ui -OJ04 MM weittSffLzziS aw I37 =3 Wfrt
      67 words
    • Article, Illustration
      Lock icon APL eyes stakes in China transport infrastructure
      592 25  -  Investments In ports, terminals and rail part of expansion plans By: Donald Urquhart [SINGAPORE] With 40 per cent of its business now generated from China trade, container shipping line APL is looking to expand its presence on the mainland by acquiring stakes in
      592 words
    • Article
      Lock icon Sargeant relocates terminal to Rotterdam
      79 25 [SINGAPORE] Rotterdam's Botlek area is the new home of US bulk logistics company Sargeant Marine's European bitumen distribution terminal. Servicing nine of Sargeant's own tankers, the terminal will be used for storage and customised mixing before being transported by rail, road, inland shipping or coasters
      79 words
    • Article
      Lock icon EU ministers support sea transport plans
      430 25 Ibatiigeallito ED members to cot customs red-tape Reuters [GIJON, Spain] European Union transport ministers on Saturday backed proposals to encourage Europeans to use ships to travel and transport their goods. They hope this will ease pressure on noisy, overcrowded roads and help the environment.
      Reuters  -  430 words
    • Article, Illustration
      Lock icon Big conversion jobs draw international expertise
      530 26  -  DOCKTABD S pore yards and specialist contactors are kept busy with a steady flow of sophisticated jobs By] David Hughes THOSE with long memories will recall the reason why Indonesian state-owned in-ter-island shipping company Pelni has relied on newbuildings for its fleet expansion over
      FILE PHOTO  -  530 words
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      Lock icon SHIPPING SCHEDULES INDEX
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      189 words
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      16385 30 THEBUSINESSTIMES EXPORT ETA ETA Advarttwr V«M< Voyag* Tilintium SM OMfn Nam* Nam Number Mmiulli m «g >.■.'■> twm wm mm Tb ABIDJAN (ABJ) 2003 Cot* DM voir* XW6 21/04 China SApq V1LLE DC ORION 43IW iwiw n/0* 0/07 Kim Hung HANSACATAUNA HL20JS 65-*****133 > H/04 04/07 MOL PfcO
      16,385 words
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        438 35 *y» —rt> Arrtwi D^rtw. 8 J25 O2AM03O 0106/12*0 ■MMMB *****0 J03 O206/fc2O 0101/20*0 -»0M< J06 02WM 0206/2*5* atM Eg *3 *****30 O106/H*O umtmwii jmmoi jm 0201*00 ovotms* W«*W1I 05Htor02 M ******5 0201/21*0 tnittrvinciii 002H x? 0206/1035 ovn/zm m—mi von jo 0206/12*0 otam/2i*o PJU50 jo* ozam/kjo ovot/nst 5555*1 JB
        438 words
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        1270 35 KttlWH OF EXPOKT FCL COWTAIWEKS All Lfl. ffjffltQ oo Voyllo EtWtr NrtM Fim aMHU *om km 02/m KM 10 02/B00 HM 02/Hee It «/™> WW 0V0m Sg* "fi? ommo m 3 WWW MR WIM < MM MM 555 X) tflDUMKB Di 4AM M KM K/RR KM 02M OJ/HOO
        1,270 words
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        150 35 *■1 Malaysia: Birthday of HM th< Yang di-Pertuan Agong JaaS New Zealand: Queen's Birthday Jn South Korea: Memorial Day JmH Australia: Queen's Birthday (ex cept Western Australia) AbU Philippines: Independence Day JaalS Hong Kong: Tuen Ng Festival XI Sweden: Mid Summer Day Ml Canada: Canada Day Brunei: HM
        150 words
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        Lock icon COCKETT BUNKER MARKET REPORT
        726 35 report compiled by Cockett Ma rtne Oil Ltd. shows price In US dollars Instead of single prices for a more comprehensive description of the market Prices shown are baaed on average •ted stem. Market movements are Indicated. The Cockett Bunker Price Index change and the Individual
        726 words
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        240 35 miM M, M- 22H J"-— OOOJ OJ 17J O.Ot 52 044 SSI "www -"II r i s——t **m»C2S o o MO Am nrjs OJ tu OjH P ■*W W Mi w aSS y.- "9 OJ I0J OJO 54 044 ISO/CiMc 1Mb Spac E2S M U U
        240 words
    • AIR & LAND transport
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        Lock icon Star Alliance to add 3 new members within next year
        565 36 Asiu&f Spanair and Poland's LOT to join groop eyeing China market Reuters [SHANGHAI] Star Alliance, the world's biggest airline network, said on Saturday it would add South Korea's Asiana Airlines, troubled Polish airline PLL LOT, and Spain's Spanair as members
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        545 36 Steppage casting Airline 2m euros a day; tourism, business may be hit Reuters [DUBLIN] Ireland's national carrier Aer Lingus remained grounded as airline bosses and union leaders continued talks on resolving the pilots' dispute, threatening its future. Although talks on Saturday
        Reuters; AP  -  545 words
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        319 36 Two Taiwanese fly to mainland to collect info AFP [TAIPEI] Beijing has offered radar data to help Taipei piece together the last moments of a jumbo jet that ploughed into the Taiwan Straits with 225 people on board, officials said yesterday. Mu Ming-chu,
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        665 36 lliey face mere losses by cutting forests win market shares analysts Bloomberg [SHANGHAI] Airline chief executives, meeting yesterday as a group for the first time since the Sept 11 attacks, face further losses on top of last year's US$l7 billion unless they shrink
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        191 36 Bloomberg [MONTREAL] Air Canada, the country's biggest carrier, said it win delay adding three Airbus SAS A 340-600 jetUners to its fleet to save money. The company, which had a first-quarter loss of Cs2l9 million (***** million), win take delivery of the
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        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1537 36 cm fusht n* Fuaw n» MM* M730I MO 0*7302 220 w M w a MMrM» S03S 0455 KUM 2225 turn #25 SOX 2345 ig m 1*11 1*9017 800 IMM 2020 NZ23 1*00 HZ24 2020 S0U02 MO SOMOI 2020 ■***** 2MB M***** 2M «2M 2MB mm 2M
        1,537 words
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      123 25 SOUTH EAST ASIA AUSTRALIA NOTICE TO TRADE BUNKER ADJUSTMENT FACTOR (BAF) The following Lines wish to inform the trade that, in view of rising bunker prices, the Bunker Adjustment Factor (BAF) will increase to US$llO.OO per 20'Ctr/U*****.00 per 40' Ctr. This will take effect for all shipments from Singapore, Malaysia,
      123 words
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      28 25 iJm m f-.? +m '■*> mm. 'Hipii. I ''Z. '"C '"<>%* V ,<> > ?%&<:, f. Singapore to Los Angeles I 4days Singapore to Rotterdam I Sdays Mitsui OS K Lines http://www. mol.co.jp
      28 words
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      411 26 EBBP i i *IQJ HH| •wl Jl/S KM HM HM HM TIM 1 1 i j_i mumm an 111/* lit* I mm I njv Imml«w mm «w "H""! m m sn m m mimim bps n*t 95/w |mm| iw imm itw I ivw HB m| mm 11/* jim om km
      411 words
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      36 26 WORLPGATE EXPRESS LINES PTF ITn 7T\ n Tl w x I WEEKLY FCL&LCL SERVICE TO FOLLOWING PORTS jligl HIA»U» 1 [aMNK/IMKA Xl IIQUAT/WHAM SHttt ifiMi/iwiOHK/miM. I ../iu L,iW rsSr Imw*"" IWW Usgwii IBR 1 p.... "=1
      36 words
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      431 26 Un* wvic* riprewnled by &Egpßff Accradfcd Shipping Aganb, Singapor> Shipping AModaion VDY ETAPKL ETA SIN ETA MAL£ ritau»L% Wi VMS IMI M IW M SMI uumsancEs-soiuNß etmwsuwo jyuuiTA Vml fe Vk U U Vh smrok sown am h/m ivk nobis mi mm iv* imi nm W: 6227-9005 Fax:6227-6905 IfeBUNSIIG Shipping
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      6 26 Mambare of 4ta Singapore Logistics Associahon
      6 words
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      779 27 I > rtoM euroh is wsm wrl an m mm m sm im~||hbm lw mm w n m m 17/BM/B MOIMC SMM/tl IMS M/tt k&FMMS MM am n/u B/M b/M »/B MM mkm*in/B IZ/Bu/e m/B WIMBY WW M/M B/M M/B M/M B/M HTGMBM lift M/B B/B H/K M/MM/M lII* IS/B
      779 words
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      709 27 Kwifl itinaaiMM i IMWMWMiPM' iONMOii« e 17W fIWI JOOJ w/w» win sw m n m 10 m n m u tn I9KMMKI/UI #VW IQ/tt mm ■Vt E* 2LSL" 55fflL »g «m i»». SSSwSn 52 ES SS Ml Ml MK/OTS V mt 22 SJJ sss < SB 88 EST "L XSSLm*
      709 words
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      307 27 SJE_ SIS JK_ mchmbms m i/i 7/t m IV4 IV4 If/4 tekim laTslii/slz/t Im liiJimliml PBCUBt Mi Wi iv* wt n/> n/t g/t <awag iqi 1/413/11 y/t [T~] nncKSMi _J_gg_jWH n/i m w* a/* yy llnwwwi lan 1 VHWtI |lytln/tfrTil M a f ws an k a wt m sk
      307 words
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      985 28 HMMF* HYUNDAI MERCHANT MARINE CO., LTD. wwwi—2l.w q MO. IHi/MMUM |W WT pri M Mi [■IMTI— IK I NTPOnW MM U/mlm/M M/OS 01/ M MX SOUTH* MS M/M 17/ M 11/ M IJ/M M/M m I'll* tf* im 8/M 17/ M M/M 8/M M/M I——T M7W 17/MI7/IS N/H O/N M/M
      985 words
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      646 28 L WAN HAIUNK (S) ETC LTD \g\WAN HAIUNES SSSSaSSST"" \«a.-V)BURiiuefl»iwn «**wi»wjwtwimn4/n»u» www.wmlhlimi i| Hftntv* w EiSn ff!S !i£ 2ff I EZIL.» m I l "'iBI XTMTT! I®® *w—OW 1 aw —I■ I MP 1 1 M| M mm SS" *s 28 £28 2S 28 28 SSS K~ n n a
      646 words
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      409 28 m WEEKLY EXPRESS SJHUMBSCHEPUIf j *LSo*cgrnw6TP<aMoimcw<>aewE»TßWic»PoWT» —Tm~ SM "IM~ ni 'ite UMtMM nn KM UN ItM IfM BM IIMSa SOU* 17 M IfM 23 M ii WW XI mm mm ~m~ 7i DUKMM OB I* 11 71 MM 14 wsa m Jam "gMTTMMte msia M MMMIBMB M« SM IM IM
      409 words
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      894 29 ii^g^SSSBI B5 vot khh hkq sm Iwa 1 ox» I "fig —Tomm wm. MAN HOKMOZOAN PCL-261 St/ 05 »/05 ~0T706 ***** ***** T0706~~ Ti7o6 147<>6~ MAN TEHRAN PCL-262 04/06 OS/06 00/06 09/06 16/06 17/06 10/06 31/06 MVUNDAVIA PCL-263 11/06 13/06 IS/06 16/06 23/06 24/06 36/06 21/06 ■AN KHMAN PCL-264 10/06
      894 words
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      440 29 !|^S| UK CONTINENT SERVICE Loadbiofar MARE ROM/ATW/BMNAJK/NAN liaiiaa. InrtomH MIDOLE-EAST SERVKE LoacSng lor HANDY DRAGON D64/ABU/DOH/BRN/DMM/KWT T2ANETIS DBVABU/DOH/BRN/DMM/KWT MERCIAN NAVIGATOR DBI/ABU/DOH/BRN/DMM/KWT SEA BRIGHT JOH/AQA/DftlT ASPILOS JOH/AQA/DMT I|| txMdi Singapore. E7W. Mii M. Indona— 3 USA SERVICE -J Loadkig lor -I I KONAMAR CAM/NFX/SAV/NOL H PAN DYNAMIC MZL/LAX/VCW [J ANGARA CAM/NFK/SAV/NOL
      440 words
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      582 29 JSSm &E He— -255s ImbBBE ■•"■j" mmm^m 18 B%— IgTiißg BB gC amnu '"j"'—- 11/17 S r*x™j U/W u/y n/g V m n/ -gjg- t ,1,1,,,, n C X gJ'l l > m-mm Sl^msvii ?y. 87-ISI 9719 MMIM i 741-M043 TITUI 11 SJI-317 rn I 791-*****2 SL I'V^r 1 S32U
      582 words
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      123 30 L KY -py A LINE Grond Vwon 003E 03/06 12/06 22/06 25/06 27/06 MJEWW W ~imr iw Wajwigfcjn Senator 952E" IQ/Q6 26/06 03/07 04/07 Wahinptoi Sanator 952£ TT 10/06 ~01/07 10/07 11/07 14/07 Jmnftngtor 941E ***** 06/07 *****" *****" 1 \Wb7l ii/ 6? I 55/6? I Japan Senator |941E I
      123 words
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      95 30 Jtl CWT GLOBEUNK PTE LTD MfW DfLHfCOIOMKyHO CHI miMH CITYHAItHOMG HANOI $Kt Mf N HA HtUKG TIAMJIH OINODAO *HAHGMAI XtAMfM fUZHOU DALtAN XIAM UUMG IHI JIA ZHUANG CWT GLOBEUNK MPA (AM f f f* \9 World-Wide Connection SERVICING 110 DIRECT POmS wft* Approximately 1800 Inland Destinations "*****177 THANK YOU FOR
      95 words
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      33 30 IW'M WINSTAR SHIPPING PTE ITD f HL^lj^^ ***** RULi27,m7 aK) MSZ793OOOK f s *i»twirP- w I -lMfc|«jM|fcrt -Im*| tot OwnDwfO/ld/ hHkjpiwM FQCMImv I CmmtmdCmfi Omit Dm Ito-lM+fkmuJtlHlmMimm*!*, j PROJECT CARGO fa* II i)l
      33 words
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      207 30 MYANMA PHU FIVE STAR UNE I WpwlriMUM) LmAm| f*r Y«fM wr w m n* m ammmmm um a* M6M VMM* a» W—MW iwin OH: M-*****3M KL M-317M111 PBfc M-MIMM BANK LINE U«n>fatlfr+wwWdrttfrh|) \T NotnaouNPTQutow" V roan—, WH —It —rmns WS» SB m MM MU MOT srfTBMH /srise n/H m/m n/v
      207 words
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      36 33 if«r nrausMwwnMNUM KALIMANTAN > PWUCT WIIKIY IftVKI TO 1 IMMWI»M«MIIS/DU»AI lili 13; I SUMMTA/WUIMMC I U&A t!m 1 ififc ISAF I rnA*kK/nuMiiiu 1 i lAI A BBW:' I wium UIICMWI/PIIIAW I ar— i..%[ jt iir te i
      36 words
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      71 33 FULL CONTAINER SERVICE #,N DAMLY SAILINGS [VESSEL IVOV ETA FG I CWY I WOY I CTO «H| CWV MnwtM iaazi-iftMfla. JBL jaaL jMfcg. JMI_ nsasa_ aoa_ jmmb. m_ ana_ jE4Mt a_ |ooueinw| mm ar/ot/ca w taow omh« w Accepting l|C cargo Rm*m-Cofrtakiar (SOQ IGOC) JANCONSHirfING MARINE SERVICES PTE LTD. TEL:
      71 words
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      44 33 iTAShm 1 14 MK (OUMIMHIIMU M JMK OBNAI KAOUM, CALCVTTA njhe nm PHOENIX 3HIPPINQ rmm MONTHLY BKMBUU SERVICE TO tOUTOERN AFt*CA AMD MDMM OCEAN ■LANDS phobnm i oewe SS"" ST" jaaatsssssssszr-* Age** Ban Una AoanciM (S) P»» Ltd Tat *****161/142 Fax *****163 Tbc R*****0
      44 words
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      54 33 g|g EnpikiUmMni|^pk|fißpmiui) SEHVMQ ORECT TOFROM PORT MB, ALSXANDNA, ANDSVMA iMTBOWDHfaVFT I |—IMMITOWWTI mMMtIiriMMM m LTD TIL CZTIM77 52A4M PECK KAN STREET TU. RS ZIIM UMNO hewtmi ttwmr. WQawwtiwn MLuaannitit m BID Ifl— POW JIM* MMWMHW NMOMNNHtWMTMI PO TON DERRICK AVAAABLE) THE NEW STRAITS SHIPPING CO. (PTE) LTD II wnwwmnw lIMHWIIIIW
      54 words
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      45 33 -A ESP LINES IKW WHIP LQ SfltVKI TP HfiOS rasi UMMcm m-mr nm/tm vrm m unm\ m atnw "nit mumo ml mrm Swm s/n sVmt Sh MWMH 1/U tt/M M/M MUM km—i— i/u n/H m/w nmh/wmi SOMMMM 1/U M/U M/H Mil— AQBIWfc TSlVmPmmmf m BJMBfIMM
      45 words
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      464 34 i' i 1 ■IIIIIIIIIIIW HKBBUB I ife? iffi y% I IK3SHMK WJN IB MM 14-16/06 2123/06 I I iksisuho nm ii ivn iumS k%m I I USES, mvN ii nm »»/5 I I IKB IMS MM IS-19/M IS-VM 62-43/07 I I^ca^^^vor SB Taras «fisi om« inw —I 6K OM7/D4 13-IVM
      464 words
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      599 34 vcssaMM vot wufon rotrnuw ohmom t m ni eu re m re SIS 04/06 00/06 12/66 U/M "T;^ nomme oomm m vm m/u m/u m/u \tm zr— KUM 4MW4 SM 4t/06 14/46 11/06 14/44 H/H 1 fcs__La.. Is :;g la± I sg I _^1 FREIGHT LINKS EXPRESS PTE LYD 51
      599 words
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      49 34 f-m. CONFER (B.EJL) ISSX SHIPPING PTE LTD TEL: *****868 FAX: *****245 direct conventional service to CHITTAQONQ VESSEL SIN CTG EMEWALD 18-17 JUNE 21-23 JUNE ■wct Fcucucoiivumoim to»taknaMMM MrtllQtalt Bontay K—tf, ColonOo rCtACL IwHiii Tm AiaMi SyctTy Matmjm r* Mwttuy Ar—p. Rn^an rMMM Mid Jlttll On* Tauo. Lamoca Qanca VMTMI
      49 words
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      651 34 I i Innn I lUI 1 I lIVIE W aaOeISIMMMMC .'.V* ll 11 I I J jl IwllliCw CBMBwaiSiStai'sm M&atrotm I osm THJ 84/84 CUOO 2IW U/H WW TtH K/U GMK I» 85/84 sKsffi!lhK ma TM u/uaa nti 87/t aT tm u/u mm 'im n/» mm asm aw */u qjoo
      651 words
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      166 34 Tropical ■aHippiat la Fa CONSOLIDATION Will J, >.ly Bm< D«| A»rfi«b Cufcbiii, C—id towHw, lot Araw<ra mmi HtMb Anguilo Granada St. Barth* Si. Vmant Aniqua Guatemala S». Croix lortola Bdtamoi Honduras St. Kith Trinidad Carta Rica Nicaraguoa St. IwSt ToHo Oaminico Panama St. Maartw Vfenezuaia BSakodor Dominican Bapubtc St Thomat
      166 words
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  • Page 35 Miscellaneous
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      138 35 J» J I M j L-We\a j£, r; Kk fl w jfrfi^HCOaa^—^s.... 1 legend: issued by Meteorological Service Singapore K Thunderstorm A Showers X\ Rain T ZSr C U Wind direction •"d speed in knots Cloudy Day Weather w Hazy Wind speed symbols Sea Conditions O Full circle w/o line
      138 words
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