The Business Times, 1 July 2002

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Total Pages: 32
1 32 The Business Times
  • 17 1 THE BUSINESS TIMES MfTA (P) 010/03/2002 86^ SINGA POR E Internet: up://business-times.asial .com.sg MONDAY. JULY 1, 2002
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  • 67 1 v f J*' STOCK ■iBBTXmOBB Week Change ST1 l#2J8 +479 SMSCI FUTCltfc_tt4.il +U9 KL8E00MP ***** -17J1 NIKKEI My«L84_>*7.4l HANOSENQ *****66 +4S9 SET INDEX _I89.10 -496 JAKABTA COMP-M6J! -2486 MANILA 1.164JS -67.80 TAIPEI WP! 6,***** *482 SEOUL OOMP 742.72 -*81 SHENZHEN B 23&« *18.11 Al'ST ALL ORD~3,K429 -4L99 DOW
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  • 63 1 FOBEZ BATES USS St GSS(SSperU3$) 1.764 £(US$/S$ per 1624 2.687 £URO(lS|/St/E) 0566 1.738 DM till 1.267 YEN 119.8 VS» KM 18W 2.156 ma 7 m cm BAHT 4166 2Ut BUPIAB 8,726 048 PUKE 1ATBB SWOAPOBE* US KUALA LUMPUR 8.40 HONGKONO 5.i» JAKARTA N.M TAIPEI 1721 TOKYO LJ75 SEOUL W
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  • 928 1  -  But analysts in no hnrry to upgrade earnings forecasts as March reporting season winds down By Ven Sreenivasan [SINGAPORE] Listed companies sprang a pleasant surprise this earnings season reporting a 25 per cent fall in full-year profit to a market fearful
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  • 67 1 {YOKOHAMA] Brazilian forward Ronaldo takes to the pitch with his national colours after Brazil won 2-0 against Germany in the 2002 World Cup final yesterday. Ronaldo not only scored both the goals in the game, he also claimed the World Cud Golden Boot trophy after toting
    AFP  -  67 words
  • 757 1  -  FTTexclusive By Kenneth James [SINGAPORE] CONSULTING firm Gartner's senior vicepresident Bob Hayward has two words for Singapore's economic planners and corporate chiefs: lighten up. Mainly he is talking about reorganising the economy to make the most of its high-tech and
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  • 577 1  -  f i Wrenching changes as 500 jobs vanish in three months By Siow Li Sen [SINGAPORE] The worst economic slump in more than 30 years and the collapse of Andersen has seen the Big Five soon to-be Big Four accounting firms here shed
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  • Page 1 Advertisements

  • NEXT page
    • 944 2  -  ft comment ECONOMICS At the heart of corporate America's problems to the obsession with iiia vikram khanna AS the great investor Warren Buffet famously said, "when the tide goes out, we find out who's been swimming naked". Quite a lot of people,
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    • 684 2  -  Foreign ministers will try to narrow down differences in various issues Froml Eddie Toh, Chuang Peck Ming in Singapore OFFICIALS from Malaysia and Singapore have downplayed the possibility of a quick breakthrough in the fresh round of talks starting today to
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    • 198 2 THE Economic Review Committee, currently working to fine-tune the CPF system, is expected to announce the changes in less than two weeks, Deputy Prime Minister and Finance Minister tee Hsien Loong said yesterday. "We're talking about a system which is basically
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  • Page 2 Advertisements
    • 313 2 Asia Pacific MANAGEMENT CENTRE Celebrating 15 yean of professional and educational services School of Business fc Mmig<wiiit CPhO in Business Management -MUt 28 Aog«t Doctor of Business Admin (DBA) 7* Me 2s 09 Executive MBA 7th Make 27 September lllhuli uiitk MBA in General Management -32*1 Make 2s My tmlUfllC
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    • 5 2 Spotlight «i accounting, Pg 14
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  • PEOPLE excellence
    • Article, Illustration
      1793 3  -  At National Computer Systems, staff are empowered to shape their career development What's more, they are encouraged to learn through teaching and sharing, chuamg peck mm finds out more CHUANG PECK MING HE first cut, as the refrain of a W H popular Rod Stewart song f
      PHOTOS BY CHRIS LOH  -  1,793 words
    • 274 3  -  Byi Chuang Peck Ming NATIONAL Computer System, better known as NCS, is an offspring of the government's move to harness information technology for both the public and private sectors. It began life with a paid-up capital of $11.1 million in April 1981 and was a wholly-owned
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  • Page 3 Advertisements
    • 111 3 The People Developer Standard provides vV organisations a framework for achieving jy people excellence developing people to NX be the beet and do their beet for customers, PEOPLE DEXfi^ELOPER company and themselves. f c aToT. The standard is a mark of distinction. highlighting organisations which provide their people with individual
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    • 3 3 0* H SPRING
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  • SINGAPORE companies
    • 671 4  -  Outline approval given for higher plot ratio but redevelopment unlikely in the near term By Kalpana Rashiwala i iic i i mau, one oi three malls owned by Capita Mall Trust which is launching its initial public offer (IPO)
      671 words
    • 418 4 T aj6 J* gf 7 1 2n 1 «n 34 8 6132 32*25 34J 600 6*® 00 I 22? rt&P 2S tSJ Ifi SI* 4K6 M 145 7 ISO 436 150 25 0 ft nrUta. S3 if j 52-! 4110 211 3J0 WO -44.9
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    • 327 4  -  ItpaysnptoS&Sm for corporate secretarial, accounting, payroll business By i Grace Tan BOARDROOM Limited. Singapore's largest provider of corporate secretarial and share registration services, has formally acquired Arthur Andersen's corporate secretarial and accounting and payroll business for up to $6.5 million. Owned substantially by several Ernst
      327 words
    • 558 4  -  Its website nam can be brought directly to Ongtine By\ Serena NG ar i f,K a two-year wait, users of share discussion forum and financial portal Sharelnvestor.com ran now be taken directly to the website of a brokerage to trade a particular
      558 words
    • 123 4 twT^S? 7 1 J J J JS*5 I® 2 16 8 3 9 90 00 MM 45 M 00 7 Wnmeslntl 5.8 15 134.2 1903 176.8 7.6 3.00 130 1318 150 1* ima Mtaft. M H <» 6 310 is «fl IS 1 M SunwJ
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    • 619 5  -  aspnetcentre to launch offer tomorrow; management upbeat about prospects By David Boey HOMEGROWN information technology firm aspnetcentre said Friday it will launch an initial public offer tomorrow, adding to a busy week for IPO managers. aspnetcentre's IPO will be launched on
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    • 589 5  -  TWffT lock siew harish mehta ONCE hailed as superstars, many of Thailand's property developers who were laid low during the financial crisis in 1997 are still on the sickbed. But, one by one, they are struggling to regain their health. Last month alone,
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    • 199 5 VIZ BRANZ Ltd, which has received in-principle approval from the Singapore Exchange for a listing on the main board, is a manufacturer of cereal flakes for use in instant cereal mix. The company also prints packaging for itself and third parties. The group
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  • Page 5 Advertisements
    • 95 5 ÜBS Investment Solutions. As a leading global manager of private wealth, ÜBS offers you access to the superior investment managers. Your ÜBS advisor leverages the strengths of a global financial services powerhouse expert product and manager screening, unrivalled research capabilities and resources to craft a harmonious solution that effectively and
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  • SINGAPORE markets
    • Article, Illustration
      258 6 OTHER SINGAPORE WMCES Jun 28 VALUE CLOSE WOMI -107.00 +251.00 TC*M -*****.00 4-128.00 IflMjrB* -*****.00 -11.00 417.87 +5.57 IfpMwBwt 132.07 4-3.14 MBpliWi 1346.76 +20.99 MBpWwft— 406.13 +4.35 WQfcppW 192.94 4-2.85 —OWiH 194.10 44.00 SnjfTai 15c 111.227,000 V¥esTach 10c 73,945.000 SemtiMy 10c 67.718,000 Rrty WUSlOc 56.836,000 NOL 54,232.000 TPVUSlc *****,000 QtonHulOc
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    • 308 6  - Datacraft wait for volumes to rise before picking up HOT STOCK/ WARRANT By' Ven Sreenivasan IT has been something of an annus horribilis for erstwhile stockmarket darling Datacraft Asia. Once touted as the Cisco Systems of Asia and with aspirations of emulating its US counterpart, Datacraft has been disappointing for
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    • 778 6  -  comment STOCKS r. sivanithy IT S a fact of life in the stock market that rapidly moving prices always generates healthy doses of "rationalisation on hindsight", or wisdom after fact. For example, a rising market is almost always attributed to "bargain hunting" or "technical
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    • 610 6 Yen up more g»' wg Thai baht, South Korean won remain at record AFP [HONG KONG] The yen and other major regional currencies strengthened last week on the back of a weakening US dollar and amid the reverberations of yet another
      AFP  -  610 words
    • 59 6 ♦TEE International will hold its extraordinary general meeting (EGM) this Friday at 2.30pm, 6 International Business Park, 2nd Floor, Function Room 2, The Atrium ♦SMRT Corp will hold its annual general meeting I7at Ham, T MM) U/M. XI .ill tarooo Hotel, 76 Bras ♦GXKENSakataCS) will hold its on
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  • 1540 6 UNIT TRUSTS FUNDS I!,'! I A I {I Li Com Global Enerw»nde*Fd 0.93V Com Global TravtflndeKFd 0 725/ Com S"pore Bond Fund/* 1047/ AM Am Aaeet Mgt (S'pore) to Europe Gqtyl* 0.700 O** AfrWi «M Ngt S'pon IM Star Europe Bd 1.047/ Indocam AsiaVtont** 087/0915 Star Europe hi H 07«
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  • Page 7 Advertisements
    • 873 7 An Enlarged Firm A New Milestone for Ernst Young Singapore Today, a substantial number of partners and staff of Andersen Singapore joins Ernst Young in Singapore, creating an enlarged firm of 1,500 people We will be part of a total resource of over 110,000 people in more than 130 countries.
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  • SINGAPORE news
    • 446 8  -  Improved occupancy expected to translate into firmer room rates By Aaron Low THE Singapore hotel industry, which hit bottom in the quarter following the Sept 11 terrorist attacks, is poised for a rebound, hoteliers say. They say that occupancy rates, boosted in part by a
      FILE PHOTO  -  446 words
    • 271 8 JONES Lang La Salle has launched a tender for a 22,791 sq ft freehold site at Amber Road in Katong, which sources say could fetch $16-20 million. The plot, which currently houses four single storey old houses at No 12 A/B/C/D Amber
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    • 310 8 JLL sees movement of mannfactnrers to China till end-02 THE outlook for the industrial property market remains soft for the next six months with the high-tech sector likely to bear the brunt of the decline. Jones Lang LaSalle (JLL) said in its latest report
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    • 224 8  -  on the economy I bank loans By Chen Huifen Growth of bank loans in May remained relatively flat at 0.6 per cent compared to the same month last year, according to preliminary figures from the Monetary Authority of Singapore (MAS). Month-on-month,
      Source: MAS  -  224 words
    • 406 9  -  Un&nthorised Net access was due to compromise of clients' computer systems, it says By Chen Huifen FOLLOWING earlier news reports of unauthorised access of its customers' Internet banking accounts, DBS yesterday put out a halfpage advertisement in The Straits Times to assure
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    • 383 9  -  MAILfTT?HI Goh Teng Kiat, Singapore CHEMICAL Industries has just released its full year results and announced it has written off its $14 million stake in the industrial diamond business in China. Nine months ago, the company had the following to say about this loss-making
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    • 199 9  -  Paul Loh, Singapore I REFER to the report "GLC shuffles: Temasek not involved" (BT, June 28). I have worked outside Singapore for over seven years. During this period, I had the benefit of looking at Singapore from the outside. I could see how many of
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  • Page 8 Advertisements
    • 645 8 lolC BRfnSH AND MALAYAN TRUSTEES LIMITED first Notice to holders of the 557,252,937 6% Unsecured Loan Stock 1969/1994 ("Loan Stock") of Causeway Investments Ltd (now known as Ace Dynamics Ltd) in respect of unclaimed redemption monies NOTICE IS HEREBY GIVEN that pursuant to Clause 15 of the Trust Deed dated
      645 words
    • 354 8 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF TJ AIR SERVICE (SINGAPORE) PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuer* to Section 308(1) of the Companies Ad, Cap. 50, that a Final M«a*ing erf lh« Members of
      354 words
    • 354 8 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF VAN OMMEREN BULK SHIPPING (SINGAPORE) PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of ihe Companies Act, Cop. 50, that a Final Meeting of ihe Mem
      354 words
    • 409 8 IN THE MATTER Of THf COMPANIES ACT, CHAPTER SO AND IN THE MATTER Of HOCEN TEXTILE PRINTING PTE LTD UN MEMftERS VOLUNTARY LIQUIDATION) NOTICE IS HERESY GIVEN pursuant to Section 308 of The Componies Ad. Chapter 50. that the Final M«tog of the members of the obovenomed company will be
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    • 19 8 9j Lianhe Zaobao 8 I Last minute I I rush for I P® 3 I new I R I
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    • 140 8 TBiM Since 1 9~5 our worldwide staff of ovcr 2 7 5 multi-disciplired professionals I «j including lawyers chartered accountants' J 4 K chartered secretaries and bankers have W A m I provided confidential and cost effective iAJ company formation in all trie major tc.v i 1 areas including Incorporation
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    • 6 8 Buy It. Sell It. Find It.
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  • 1464 9 nOOMrOTOEBB Jun 28 8SS1 (S CMbAf) ctOM VoiMt Am u» OS mSZ M02 A8Q02 iojo SVOZ 154.50 Oct/tec 02 86.00 ISS3(IBcMtiAt) VotaM Dm t8» s«t (fw) i««5t *50 700 *"*02 86.50 ISO &2L„, *25 86J5 a«0 B0 2525 0ct/B*c02 4800 TSt20(USc«*At) Mm qm Ms® m U» $rtt tt—D 8tog
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  • Page 9 Advertisements
    • 69 9 We welcome tetters. E-mail us at bttetterO9ph.com.sg or fax us at 6319-8277, or write to: The Business Times, SPH HQ, 1000 Toa Payoh North, Podium Level 3, Singapore *****4. We need your fuM name, address and telephone number, so we can verify ft came/hom you. Please use temperate language, and
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    • 68 9 Curt in ■*r r >!5%M seSd i m t r^e d itta tillr in 9 P r °o ramme P'ease Fax:6226 0268 Name: O Master of Finance O Master of Financial Planning Designation: O Bachelor of Commerce Address: (Banking MGT) j Fax:643B 0029 Te,: Fax: i Maracjement™ 30 Resource E-mail:_
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  • REGIONAL news
    • 582 10 KUALA LUMPUR The 3 firms are demanding RM35Om from accounting firm for foiling to spot irregularities THREE Malaysian firms have sued accounting giant Andersen for more than RM3SO million (Ssl62 million) for failing to detect irregularities in company accounts, Malaysian news reports said yesterday. In
      582 words
    • 457 10 KUALA LUMPUR DPM Abdullah says regulators will resolve TRI tussle Reuters FALLEN Malaysian tycoon Tajudin Ramli has questioned state-controlled Telekom Malaysia's ability to manage cellular firm Technology Resources Industries (TRI) well, a newspaper yesterday reported. Mr Tajudin was quoted as saying in the
      Reuters; NBTP  -  457 words
    • 389 10  -  bangkok Thais want Koh Chang to be accessible to ordinary folks, not just the rich harish mehta THE government of Thaksin Shinawatra has announced plans to turn Thailand's idyllic Koh Chang island into a playground for the rich. Backpackers and budget tourists
      389 words
    • 960 10 COMMODity Weekly Roundup AFP [LONDON] Oil prices gained ground last week after the Opec oil cartel extended output curbs for another three months and data showed a sharp decline in US oil stock levels. That offset the negative impact of the World Com accounting
      AFP  -  960 words
    • 520 11 It'll also buy USsl9om of 3-year convertible bonds Bloomberg [SYDNEY] Telstra Corp has paid Hong Kong-based Pacific Century CyberWorks Ltd US$6l4 million for the remaining stake in an Asian mobile phone venture the two companies established two years ago. Telstra will also buy US$l9O
      Bloomberg  -  520 words
    • 780 11  -  i f I comment HK STOCKS Who would have thought that China wonld nnw ho naming »a Wong nfrrc audrey tan JUST before the 1997 Handover, Hong Kong's people told their new leaders that stability and property not political liberty were topmost on
      780 words
    • 317 11  -  From Harish Mehta in Bangkok THAILAND'S farmers will be severely hurt by a new US farm law which will dole out a staggering US$lBO billion to American farmers over 10 years, and could threaten the country's status as the world's
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  • 1033 10 FINANCE COMMODITIES Week ended: Jun 28 SDTQAPORE QOTBRMMEMT SMUUlUTIlffl OTDICATITB PKICBB AMP YIELDS Mm Hi! T—CMMi IWHy Ut» TTM 1 Offer 7YR 3 OHkW-02 MT95TO02 1.04* 0.747* 100.65 100.75 5YR 4 01-ftfc-05 N*****0X L87* U3* 105.35 105 45 St. CIS ok.HU B59HOOT 102* ..MM »UI IOtH 7T* 4J75 Wct-05 „7W00<
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  • Page 11 Advertisements
    • 172 11 Where to wine, dine and entertain... iSHf&i w w s^ Exc,usive privue Tom jiydFMEnL 3|fe£* y^jv-^Q P/ Ji W«»k«nd> and hoNday* aw tor hooding downtoCotoman't tor lUncti-whom our bullel iproad of over 50 dhbee. sndtoes flow of bartoy, toa or coftot awatt* you. Mako your rotorvahoni of (66) 6416 1132.
      172 words
    • 78 11 J Spring Court I paj-» I The Oldest 'J \J Chinese Restaurant in X Jr Singapore since 1929. 73 Anniversary Spcdai PEKING puck Umited to one per table with min order of $50 onwards. BSpP wins knp ft/zz Every first Monday of the month is Wine 4 Cheese Night at
      78 words
    • 305 11 MANAGING KEY CUSTOMERS Successful Management of Key Customers conoucteo by ANDERS RAMSELL Bus/nossHosuit Swo don AB 4th July 2002 Holiday Inn Park View Singapore 9.00 am 5.00pm COURSE CONTENTS Key Customers Management -An Overview Who Is A Key Customer 'Customer Platform New Sales Repetitive Business Transforming A Salesman To A
      305 words
    • 64 11 NHann9i MULTI AWARD-WINNING MANDARIN CHICKEN RICE Come, savour Singapore's favourite dish and other delights anytime. Enquiries: 6631 6291 CaffMhMM Ml AbudariH Q]&wrrrJ IJHB 333 Orchard Road, Singapore *****7. Tel: 6737 4411 Fax"6732 2361 I «.>• S-" lb ranq mahal Buffet Lunch, Noon to 2Jopm Dinner 6J3opm to K).3opm (Closed for
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  • WORLD news
    • 290 12 TOKYO/NEW YORK Reuters JAPAN enlisted the European Central Bank and the US Federal Reserve to help sell yen on Friday, raising the spectre that unease may be growing in the world's three top economies over volatile currencies. Japan has been eager
      Reuters  -  290 words
    • 457 12 WASHINGTON Setbacks of falling stocks, accounting scandals will be overcome, they say Bloomberg THE economic recoveries under way in the US, Europe and Japan will be strong enough to overcome damage to consumer and investor confidence from falling stocks and corporate accounting irregularities, many
      Bloomberg  -  457 words
    • 490 12 TOKYO NYT AS the World Cup, the world's most heavily watched sporting event, closed yesterday, hopes that it would help reinvigorate the Japanese economy failed to come true. There were corporate and government winners and losers, of course. Among the winners were agile
      NYT; REUTERS  -  490 words
    • 610 12  -  Local &vt may get free hand to push deregulation in some areas From Anthony Rowley in Tokyo JAPAN plans to tackle economic deregulation under a new "one country-two systems" approach which could see Japanese cities, towns and even villages skirting the powerful Tokyo
      610 words
    • 279 13 LOSANGELES AP PUBLIC pension funds across America were stung by millions of dollars in losses from the recent debacles at Woridcom, Enron and other Arms, but their managers say they have no immediate plans to change strategies. Those tosses, while huge, represent
      AP  -  279 words
    • 606 14 SPOTLIGHT 0M MODWBBM From earnings management to manipulation is just a slippery slope NYT [NEW YORK] On Wall Street, it is called backing in. Each quarter, analysts at securities firms forecast the earnings per share of the companies they watch. Companies whose profit
      NYT  -  606 words
    • 131 14 NYT [NEW YORK] Some of the many ways companies can manipulate accounting: Companies can bode sales several years before they will be paid, as Computer Associates did, according to some current and former employees. Computer Associates says its accounting is proper. Companies can use closely
      NYT  -  131 words
    • 365 14 Bloomberg [LONDON] The International Accounting Standards Board may start drafting rules this month that could cut corporate profits by forcing companies to deduct the cost of executive stock options on their income statements. If the lASB approves the proposal at its meeting
      Bloomberg  -  365 words
    • 190 14 LONDON Reuters ACCOUNTANCY firm KPMG says it stands by its audit of Xerox Corp and that the US office equipment group's restatement of nearly US$2 billion of revenues defied "economic reality". "KPMG remains firm in its conviction that the financial statement reported
      Reuters  -  190 words
  • 916 12 T*a *x* mommmrnon is the swagt of tf tte rtcommandatlons tutomMtd WkMring 11m Mock. Than It Mri of 29 braiwa tubiiiMng rtcoai""ndtfta* btf not avary atocfc la Mtowad by af ttw 29 broker*. Their racommMAMomwtpiooad on a 1 to 5 poMt acala and avaragad to produca a maan
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  • 614 12 Week ended: Jun 28 I fS "J® 2£! SS*" 1 0J5 1.710 4M t*tand 1JI 1 530 »I.OC 03C iff t« m liw OwtMContfac 131 JtOO »0 IK QUE 0S7 7tJ0 SIOSD C%OwSttc 2J0 s *oi UrinMyHJSt ojl am T l" 1S.JOO <0.500 SGX H OJB 1.M0 E***g <»
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  • 623 12 BONDS WARRANTS MCW Enr "oSc 55M mil III W U» ASTIMA***** 213 -2 so t 16 12 1 56 24 AowUJWmiK 2J inti 56 1 SO 403 3.60 29 Amtek W*****0 M 3.5 3810 1 33 4 1J1 Jg Armstrong W*****0 15 110 1 10 77 433 23 AS 1
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  • 3219 13 Week ended: Jun 28 for live prices, log on to umrwjasiaojiemarketsxom JiTL S j*"*— Dk GftW M MCa WM«f "f u fl "t!a W- P866> L— -T«r M« Cm m imj w5 ABNAnvoNLGSfc 9 n I U l« 575 M l 2 3276 21 1 223 68J 19
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  • 54 13 c«an j. JJL J* Mb u* cm mm mc■ mm t ""fa —±—mm—— %Pw %w< "3 "S3 10m m t Dumongfc U*****cd »150 3110 BDJUSTadi U53B10 «2«0 «5 I RsSSaT 1 UM0200 I IMIOHHtSKMS USMOO .100 9900 99tt) *****541c ST1FTT >00 «7J -21 129 1590 1541 1573 IStt
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  • 837 13 a w. A JT-srsi.-s g™ 17 UcAMHMpSc 115 45 in ut 2 »V.sz£x=s, :\s I g -ij; s 2g r asj I M-"Li— *v K J: ~z "-5 H) N7 2.7 S4 4U 37 Z 210 44.5 42 40 42 2S 111 71 u< L H 20 c
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  • 199 13 a j ,r*u, t cT"? g -a J« 1* K» MO KB 10. 40 M U 11 22JJ 720 265 2.1 74 243BJ OMgKongSOcHK 1790 240 6J t7 J M«t °y-. l^? UWL 2 M 545 W ll.f 2.1 it mj *S 113 GMngtatUS 173 403 1712 173
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  • Page 13 Advertisements

  • Page 14 Advertisements
    • 41 14 SPH NEWSPAPERS ALWAYS AVAILABLE AT 7-ELEVEN I li«'S(i;iiisTunes I 111 |SI mmssTimi s RH I:.lgvKl I'.' Li For r- cw f richvp.rcd to your doors t e p ca I I out subscription hotl 1 no at 63 8 8 3838
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  • Page 14 Miscellaneous
    • 261 14 CRYPTIC CROSSWORD ACROSS 5 S oo o wi# l hooligan and 1 Burning a female? Hall! (6) 6 4 p£L^t) S,in9 Playlng »«fWsioy(7) 10 Manufactures to, forces (5) 7 S2™" 8 Fix 14) hot stew? OK (6) 12 Cal for a hearty pull (5-2) 9 4S* 13 Such a critical
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  • BIZIT
    • 850 15  -  The Dow J ones Semiconductor Index, which covers 182 stocks with a combined marketcap of USs3sob closed at 1,000.77 last Friday, down 37 per cent for the year, paul mm reports PAUL CHAN INVESTORS have been told that the semiconductor sector
      850 words
    • 374 15 AP SILICON chips form the essence of every computer, from microprocessors that Derfbrm lmrtr Airww« on data to the memory modules that store thetofo£ mation. Here's a look at the most common forms of memory: RAM: Random Access Memory chips are to store programs
      AP  -  374 words
    • 646 16  -  The company, in which Sing Tel has about 5% equity stake, is talking to several media companies here which are keen to distribute their content via satellite, avoela tax reports ANGELA TAN THE Nether-lands-based communications firm New Skies Satellites NV wants the Asia-Pacific region
      646 words
    • 364 16  -  Only 35% of companies in the region have adopted wireless strategies or plan to do so By i Chen Huifen DESPITE the high cellular penetration rates in the Asia South region, the corporate sector seems quite reluctant to adopt wireless
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    • 838 17  -  INFOTECH Making the mammoth leap from mannfacturing to RAP cant happen overnight, and the lowly call centre may be the best starting point for moving the population towards a service mentality chua hui min 73k writer is a BT Journalist AS Singapore faces
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    • 99 17 Xinhua [BEIJING] China's Ministry of Culture announced on Friday that a new crackdown on unlicensed Internet cafes will be launched from July 1 to Aug 31. Internet cafes without proper licences are to be closed and owners prosecuted. Those providing sites for Internet
      Xinhua  -  99 words
    • ITTAKES
      • 61 17 NASDAQ-LISTED Pegasus Solfgtaas Ine said Raffles Commission Processing Bolrrtion4©lluinage RlL's hotel commission payments to travel agents worldwide. "Raffles' multi-tiered brands Raffles, Swissotel and Merchant Court Hotei are included in i the agreement, allowing travel agencies to receive one monthly payment for bookings made at amy of
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      • 95 17 PACIFIC Internet has launched its Premium Business DSL broadband service in Australia that provides the industry's first 99.» per cent service availability guarantee and 20<lay service activation guarantee," PacNet said. Prices start at As23o a month with connect speeds ofup to 6 Mbps. The service is
        95 words
      • 30 17 suite of software products. "These products combine to deliver robust IP routings, remote access gateways and network security features to enterprises and services providers," Lucent said.
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      • 49 17 MAINBOARD-LISTED Digiland International Ltd has been appointed Microsoft's new distributor for finished goods in Singapore and the Philippines. This includes the ftdl range of Microsoft commercial ftUl packaged products, open Bcence products, and academic editions. Digilandis one of three Microsoft finished goods distributors here.
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      • 72 17 jPWP a TVangpnrtatinn aafrl its proprietary voice portal system, Speech Explorer, has been installed at Hongkong CSL Ltd and at Singapore Press Holdkags Ltd. "Speech Explorer is a voice-activated system that works via the phone and is more intelligent and interactive than conventional Interactive Voice Response systems,"
        72 words
      • 66 17 SINGAPORE-BASED Vasunas has tied up with South Korea's ad agency, Cheil Communications, to develop and market character-based message services on wireless platforms. "This marks the first Joint venture agreement between Cheil Communications and a Singapore-baaed company," Vasunas said. Vasunas wUI develop the message service, delivery platform
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      • 40 17 NASDAQ-LISTED Aspect Communications Corp, which provides business communications solutions, has appointed Michael Hayes as vice-president for the Asia-Pacific region, excluding Japan. Mr Hayes was previously managing director of professional services with Siebel Systems for the Asia region.
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      • 37 17  -  Compiled by Raju Chellam A TWO-DAY "ESPWorid Singapore 2002" exposition win be held from July 10 at Sun tec City. It is organised by IDG World Expo. For details, fax *****822, or e-mail debbielee@idgexpo.com.sg
        37 words
    • 605 18  -  SAYJU Publicising the webcast allows a company to me extoting as well as new publicity christopher chew The writer is CEO of AltemateTV in Singapore. WITH advances in IT and the Internet, information can be communicated to shareholders directly and in real time, without
      605 words
    • ON THE SHEW
      • 86 18 SAMSUNG Asia has announced two additions to its SyncMaster brand of LCD monitors. The details: 151MP: Costs $1,299, weighs 4.5 kg, offers 15-inch display ktXGA (1,024 by 768 pixel) resolution, is 38.2 cm wide, 38cm high and 5.7 cm deep, and comes with built-in speakers.
        86 words
      • 135 18 ukll computer has introduced two new notebook computers and a new mobile workstation. The details: Insplron 8200: This notebook costs $5,024, weighs 3.7 kg, runs on an Intel Mobile P4 at 2 GHz, and comes with 40 GB hard disk, 256 MB RAM, 15-inch SXGA display, and
        135 words
      • 100 18 HEWLETT-PACKARD has launched three new colour LaserJet printers. The details: 4600: Costs $4,019, runs on a 400 MHz processor, comes with 96 MB RAM, and prints at 16 pages per minute (ppm) in colour and monochrome at 600 by 600 pixel resolution. 4600dn: Costs $4,819 and
        100 words
      • 66 18 CRIMSONLOGIC, a brand of Singapore Network Services, has introduced FuzSearch, a Web-based search engine. "It allows users to retrieve information quickly from business websites and Intranets by using Human Logic search technology and pan-Asian language text matching capability,' SNS said. The basic plan for SMEs costs US$62O
        66 words
      • 42 18 WESTERN Digital Corp has debuted its 200 GB hard drive. The WD Caviar 200 costs US$329 and spins at 7,200 RPM—the industry's fastest hard drive with 200 GB capacity Western Digital said. For details, fax *****289.
        42 words
      • 50 18  -  uuifipuoq DJT Leo Kee Chye FINLAND-BASED Stonesoft, which provides network security solutions, has unveiled What it claims is the world's first software firewall appliance. The Stone Gate VPN/Fire wall <nrin,w M integrated operating system, firewall, and offers high availability. Prices start at U553,450. For details, fax *****399.
        50 words
    • 525 19  -  Decision criticised along with move for tax en new domain names registration Bi Bernhard Warner Reuters [BUCHAREST] The group that oversees the Internet's name system voted last Friday to exclude ordinary Web surfers from its board in a move which critics say allows
      Reuters  -  525 words
    • 350 19 Infrastructure nnit told to shape op in 18 months Reuters [CHICAGO] Motorola Inc's money-losing infrastructure unit has told employees it has 18 months to whip itself into shape. If not, more job cuts or a sale of the entire business could result. Motorola's chief of
      Reuters  -  350 words
    • 310 19 AFP [LONDON] It looks like a tooth, feels like a tooth and no doubt gets plaque like a tooth. But this one, unveiled last Friday in London, can receive mobile phone adit and radio signals too. A revolutionary implant placed inside the tooth during
      AFP  -  310 words
    • 280 19 AFP [NEW DELHI) The chief of Indian software Arm Wipro said the company was looking at acquisitions at home and abroad. "We're actively working on the acquisition plan," Azim Premji told reporters here. "We're looking at specialised companies in Europe. We're also
      AFP  -  280 words
    • 231 19 LAT-WP IN his shop in Germany, Johann Gutenberg was at the cutting edge of 15th-century IT. Using separately cast movable type for the first time, he published about 300 Bibles in the *****, revolutionising the printing process as well as Western civilization. If
      LAT-WP  -  231 words
    • NET work
      • 901 20  -  CHUA HUI MIN The merger will bring together Star Hub's fixed-line, mobile, IDD and Internet service units with btv s cable TV and home broadband businesses, chua Humor has the details After some teething problems with its billing system two years ago, Star Hub, Singapore's
        901 words
      • 322 20  -  By Paul Chan CORPORATE governance, the burning issue du jour, is improving in Asia and win greatly benefit the venture capital markets here. But governance standards need to improve further and the road ahead goes beyond codes of practice and independent boards of directors.
        322 words
      • 492 20  -  Pjntexclusive RiTronfos' BioSlimDisk weighs only 22 grama and can store np to 512 818 of data Leo Kee Chye JRfMALL Singapore firm Redesigned and developed what could be the world's first rtiiniature storage device with fingerprint recog- nition technology. The
        PHOTOS BY ARTHUR LEE  -  492 words
  • Page 15 Advertisements
    • 257 15 O fntentfa ZSlXMs&^^^^^^lMl^SjSfliSflnHji^^^^^^^lHflTTf'l^YliißSKHflMHß TOMiu^SEißiW' |nai|a||flpjß)i With Intentia, Nippon Paint Singapore achieved: 50% reduction in inventory levels 25% improvement in productivity and operational margins 10% increase in its profit margins By any measure, a performance with flying colors! ft takes fntentfa In 2000, Nippon Paint Singapore decided to embark upon an
      257 words
    • 298 15 4 aTI Bh 9 lffUfn > iff «T :L U JS Pr li bJS A. B/ Jfl ll~lflM V Not that this network administrator APC devices or have APC devices needs to worry, thanks to APCs spread across a large geographic Enterprise Manager area, Its real-time status and event h»
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  • Page 16 Advertisements
    • 136 16 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 Switch 4400 SE provides Layer 2
      136 words

  • Page 17 Advertisements
    • 256 17 I i y"*. X ''A > -Ik u i ?**ft?| •t ;4 A *7 Understanding the upturn is critical highlights But where do you start? Panel Sessions J Networking Reception CNETAsia, the leading source of IT information and Gartner, the unrivaled research and Presentations by advisory firm, are collaborating to
      256 words

  • Page 18 Advertisements
    • 169 18 '/V* T ~e Agency for. Technology and Research .A'STAR mvrtes nations f cr individuals and teams vvno have mace '^ajo r contributions to research, I de.e'oprrent ana innovation in the fields o f science. The National Science Award gs c..:s:a~o ~g ro r r c..ticns basic research eacrng to t**e
      169 words

  • Page 19 Advertisements
    • 163 19 part»c.pati»q Outlets/*" 4 ■BBII^If AKIRA |?s=J I JH HB 1 b fcgl 1 j* 4><kt,«. _S1 «fuJ |HUA <***-*" 1 i 1^1» hankoo* iilW lisssi»« a iHt I I t£?> j-prn //®s\ 1 Shop and win exciting prizes at I Ms s |gj] the Grea t Singapore Sale! 1 Just
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  • Page 20 Advertisements
    • 555 20 1 msi ni business on the net 1 Jll f I I Open Net Environment I V M mm JH I ft OM fm Frequently Asked Questions on Network Identity What is Network Identity? Provide consumers With a choice of identity providers), the ability to Unk accounts through account Network
      555 words

  • SHIPPING TIMES
    • 292 21 Simpson Spence A Young THE dry bulk sector has remained active. Vessels sold for further trading BULK CAUUBBfIi Alexia: ***** tdw bit 81 Koyo reported sold region U542.900.000 to Greek buyers. Pacific Mayor: 43,200 tdw bit 96 Hyundai Crs 4/25 ts. Pacific Premier Sistership bit 96 Hyundai Pacific
      Simpson Spence A Young  -  292 words
    • 219 21 «i» a h. CWT Otjtrttutlon 0.81 0.02 64 CKuanHwp 0.41 OOI 572 OOI 528 FraMt Unfts 0.0* uncA 0 G8 HoKJtrxji 032 0j02 13 Jilillitiili 0XS yneti 1000 M»»a»Car«_ 4.12 Midi 2078 Kappa* Marina 0.17 uneti 370 KMpilTaM 0.99 unct) 20 Uferpy Marina 0.30 utdt 460 MMatOCk 0.38
      219 words
    • 746 21  -  PSA told to help lines that hub here win business over those that do not By. Beth Jinks [SINGAPORE] Singapore's radical overhaul of port policies and PSA Corporation's new customer-oriented direction could pose a formidable volume challenge to Malaysia's Port of Tanjung
      FILE PHOTO  -  746 words
    • 61 21 AFP [KEY LARGO, Florida] Divers swim along the port side of the sunken Spiegel Grove off Key Largo, Florida. The retired Navy ship holds the distinction of being largest ship ever scuttled to create an artificial reef. Key Largo Chamber of Commerce officials dedicated the new sport
      AFP  -  61 words
    • 193 21 AFP [KUALA LUMPUR] An international watchdog welcomed a decision by Indonesia and Singapore to increase cooperation in fighting sea piracy, but expressed hopes that the agreement would not be merely "lip service". Indonesian police said on Friday they would increase cooperation with Singapore
      AFP  -  193 words
    • 87 21 IN an infographic in our PSA Corp special published on Friday, under a heading "Milestones PSA" we had two references to developments at Jurong Port together with those at PSA. This may have given the impression that Jurong Port is part of PSA Corp. Jurong Port is a
      87 words
    • 395 21 S Korea denies it subsidises yards; may file WTO suit Reuters [SEOUL] South Korea has criticised a European Commission threat to resume shipyard subsidies in a long-running row over Commission allegations that Seoul provided aid to its industry, the world's largest.
      Reuters  -  395 words
    • 93 21 AFP [MALMOE, Sweden] The Palish captain of a Oar man-owned cargo ship was arrested in Sweden after his vessel ran aground in the southern port of Maimoe while he was drank, news agency TT reported. like Antigua-registered ship Anjoia rammed a stone jetty In
      AFP  -  93 words
    • 762 22  -  DOCKYARD Bk David Hughes Tl HE shelf in the mate's office fmay already be groaning under the weight of wasted forest converted into "essential" publications but here is another one in the must-have-onboard category. UK-based classification society Lloyd's Register and The Standard P&I
      FILE PHOTO  -  762 words
    • 160 22 PAOC FooagSwt 5 5 FrtLMs 10 A*Mt t0 C««rtr«w 4 rtaqMas 5 cu>t ISA 6 GtaryK* BSC 10 H Nft in io 5 CMACSN 3 3 C0SC0 3 K CwtrdEx 4 10 CM** K> 4 UCont 4 ChiMSMf S Mo* 9 OWff Cougjr 5 Mtrasi* to CVTCtoMM
      160 words
    • 14382 26 THEBUSINESSTIMES EXPORT ETA ETA A**rtfe*r VmmI V oy«g* Trttpton* ETA ETA Adv*rtlj«r VmmI Voyag. T^ohoo* S N D**rn Nam* Nam* Number Number SIM Dosfn Heme Nam* Numo*r Number To ANTWERPEN (ANR) 2019 Balglum r o 4 S DJAN (ABJ) 2003 Cot* O'lvoir* 09/07 30/07 COSCO COSCOSHANGHAI OOOW 65******00
      14,382 words
    • SHIPS IN PORT
      • 448 31 V**—J Ptftfr Arrival Dtprtiyf JraiM •ustui mo; M mmtmws jowvow* D STYJ T J02 xMft/zoots 30/04/*****1 W J YA JKWS J02 30/04/2011*0 30/06/2023:* thtasam 4Vu j» 30/04/*****0 01/07/*****0 SWSC030 SW3I J03 30/04/20*00 30/04/*****C NWt J0» 30/04/20*00 0/W/****** OOOI SOW *71 jo 30/06/*****0 02/07/*****0 ca NMMEI i JOS 01*7/*****0
        448 words
      • 818 31 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO 00 Vjjjl 101 H 0 oociomao IJK+M IJK«* mnannMU» mmam-um m Bttw>tw wag IBM 01Q7flOC2-OOtfl1 BUWOBDa-1—) M 0 »•—*i »•—I l-flw *****002-0100 *****002-1200 XX 0 p lit 010_*****-01 0Q gift worn-ex oc 1 0 OTA 11 11 0107/2002-0100 *****0(01 jiJO
        818 words
      • 160 31 Ml Canada.-Canada Day Brunei: HM The Sultan's Birth day Hongkong: HK Spe Admin Reg Es tab Day M4 United States.- Independence Day France: National Day Belgium: Belgian National Day MM France- National Day MSB Brunei• Sultan's Birthday MI7 South Korea: Constitution Day Japan: Marine Day Jal 20 Japan:
        160 words
      • 753 31 THIS report compiled by Cockett Marine OU Ltd. shows price ranges in US dollar* instead of single prices for a more comprehensive description of the market Prices shown are baaed on averagesited stem. Market movements an Indicated. The Cockett Bunker Price Index chance and the individual
        753 words
      • 230 31 jmZT OJ ff.r 0J7 71 0.03 2il T m amtw S—1 N»*»»E2S 0 0 10*0 HM *0 Am «u 0.2 M.I 0.06 13 0.02 JS "Y W Oil O Mj 50K ss s x a a si: —=3 —sr-is —5—= -2 Si—15 S—S mi is *4
        230 words
    • AIR & LAND transport
      • 520 32 Gruelling talks end with pact letting each side increase flights by 32 a week AFP, AP [TAIPEI] Taiwan and Hong Kong signed an aviation agreement on Saturday that dramatically boosts the number of flights between them, officials said. Taiwan's Civil Aeronau- tics Administration (CAA)
        AFP,; AP  -  520 words
      • 256 32 Dow Jones Newswires [HONG KONG] The Hong Kong Airport Authority said it has signed an agreement to upgrade existing facilities at the airport's ferry terminal, to prepare for ferry services to cities in the Pearl River Delta slated to begin early 2003. Hong Kong
        Dow Jones Newswires  -  256 words
      • 472 32 Provision allowing go vt to buy stocks cited as reason AP [WASHINGTON] Most major US airlines are not seeking aid from the govern-ment-backed US$lO billion loan programme created to help the industry recover from the Sept 11 terrorist attacks. Of the country's
        AP; REUTERS  -  472 words
      • 358 32 Cut partly reflects lower revenue expectations Bloomberg [NEW YORK] The five largest US airlines each had their corporate credit ratings lowered one notch by Standard Poor's Corp, partly because of disappointing revenue expectation^. Ratings were lowered for AMR Corp, Delta Air
        Bloomberg  -  358 words
      • 335 32 Dow Jones Newswires AFP [TAIPEI] China Airlines, Taiwan's biggest carrier, is discussing a joint venture with French aerospace group Snecma to build a jet engine maintenance hub in Asia, the Taiwanese company said. The airline, which has had serious safety problems, has
        Dow Jones Newswires; AFP; AP  -  335 words
      • LOGBook
        • 112 32 AP [KUALA LUMPUR] Kuwait Airways will resume flights to Malaysia beginning In July after a decade-long absence following the Gulf War, airport authorities said. Initial once-a-week flights from Kuwait to Kuala Lumpur are expected to start today and continue throughout the peak summer
          AP  -  112 words
        • 87 32 AFP [HANOI] Vietnam Airlines launched direct flights between Hanoi and Tokyo in partnership with leading Asian airline Japan Airlines (JALX the Vietnamese national carrier announced. Vietnam Airlines will fly twice a week, on Tuesday and Saturday, to the Japanese capital, following the inauguration of direct
          AFP  -  87 words
      • 785 32 cnv mbit tu marc nc om to Mrxz 228 mm ag g" is- ww 1 )<iL 0188 1 tmm aw Ma> iMS 2100 cx MM aty VH742 ONS iMS5 am m« SOU VMO 7C402 OUS SOI H35 SOtTD 0730 SM7 ZTH SOU OHO SOt 5 7
        785 words
  • Page 21 Advertisements
    • 182 21 New HK- Bill Taiwan HH aviation HHj^B accord HHH boosts W flights HHM BACKPAGE ■MWJMM. STRAITS/NEW ZEALAND DISCUSSION AGREEMENT NOTICE TO TRADE RATE RESTORATION EFFECTIVE 1 AUGUST 2002 On 1 October 2001, Member Lines of the Straits/New Zealand Discussion Agreement covering the trade from South East Asia to New Zealand
      182 words

  • Page 22 Advertisements
    • 331 22 S"E IS P*l "n mm !w I JJ! I jijf" W w SB IM 1 M «P| »»w| »7/y| mi |mi| vm I m \wm iw BH fltwmaa nI m/v u* r\/v aw ~%Jn SL I s s S SSS sl!£ I 2S !2 12 ■»=—l «I iy I»» 1«»1
      331 words
    • 34 22 WORLDGATE EXPRESS LINES PTE LTD 7T\ I«q-P-— T 2Ml>ll WEEKLY FCL& LCI SERVICE TO FOLLOWING PORTS g£g I fil?==Sl ML ¥il— uaam gg cucum $81 y ElI Ic f gE« K— I j-l E»a«i3B
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    • 286 22 Unw&nrwa»fy< K Jby -c#SJ|a #M«mb«nof#» UEgV3 Accradtod Shipping Agar*, Singapore logistics Singapore Shipping Association Aiwckrton CHMHS/ VW ETAPKL ETA SIN ETA MALE MK »M |*«7 MK IM7 »«7 »*7 Dnßrnamra f»"*aiW«W hcBMTM JAIACTA OgCJ.IIJJJIJUI..JiIJA| V«ml toy fe Vb U H ifh Mraus BV»7 01/07 tvv lW TWs 6227-9005 Fax: 6227-6905
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  • Page 23 Advertisements
    • 610 23 TOIWOM FROM EUROPE wna wrl m m m mm m um at Hum I«rb mm w n m m m-umom am m* a* a* a* iiuim 'as it* u* is*u*n* ■araam raw ts* ji* a* a* a* m«mi 1011**13* m*ii* m* NTm smw a* a* -a*-a* a* wwhh skis* 17*
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    • 1116 23 aßiiwiMM ra. MM 1«M MMD MAOIB/OI umm tmsitt/M I xmocs offKt mmmSmm Hwiwi/m SBSSS I UH QHHUUN ui IMiJh "J®, m m u» m «w m at m *.*>■ m NSW MBi /Wj£ 11/B/ li/V 14/D7 CKOfUSM/Vv Ail jim •> botes sa/niiK iw iw w/v mmiTZmWi B> w www oauGoieou
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    • 310 23 J-!5?— I SB PCU I HKC SWA I PtfS j aiC j VESSfI WY sa ME ffl. ■FB MC iMKiaac —aw U/7 Ivi I 7/7 In/7 I \yi I m pgtawrag m s/i iz/7 iv 7 147 Wr wi lok ma aw I n^7l n/71 iv 7 117/7 1 m/
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  • Page 24 Advertisements
    • 829 24 HMNW* HYUNDAI MERCHANT MARINE CO., LTD. q NO. Hotmoom VC W rill SM I iw I Ml Mil W[ BV 1 IStu!L!SSA ILI 2i£ 17/17 Vl7 M/M 17/04 11/ M M/M 14/ M M> mm I!t! a/W M/W Wt j"_ »/N M/M JS/04 14/ti m/i7 M/M il/!J 2«J ""251 M«
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  • Page 25 Advertisements
    • 1014 25 IVKSSa VOV KHH HKO SIN PKL DXB BAB DMM MK MAN HORMOZOAN PCL-266 02/07 03/07 06/07 07/07 14/07 15/07 17/07 19/07 K1 267 09/07 10/07 13/07 14/07 21/07 22/07 24/07 26/07 M.V.UNDWIA PCI-268 16/07 17/07 20/07 21/07 23/07 20/07 31/07 02/03 KAN KRMAN PCL-269 23/07 24/07 27/07 23/07 04/03 05/03
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    • 468 25 UK CONTINENT SERVKE Loading lor MARE ROO4/ATW/BMN/UK/NAN OCEAN OLYMPIC RDM/ATW/BMNAJK/NAN STARLING ROM/ATW/BMN/UK/NAN Loads ETW InrtoiiWM MIDDLE-EAST SERVKE Loading tar SEA BRIGHT JDH/AQA/DMT ASP! LOS JDH/AQA/DMT FAVORfTA DBI/ABU/DOH/BRN/DMM/KWI AGIOS NECTAR (OS D6I/ABU/DOH/BRH/DMM/KWI TRADER DBt/ABU/DOH/BRN/DMM/KWI I "Loads Sngapors, E7W hdonwO USA SERVICE Loadtogtor ANGARA CAM/NFK/SAV/NOL CARINA VENTURE MZL/LAX/VCW ATLANTIC FORTUNE CAM/NFK/SAV/NOL •Load»
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  • Page 31 Miscellaneous
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