The Business Times, 5 August 2002

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Total Pages: 32
1 32 The Business Times
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  • Title Section
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    15 1 THE BUSINESS TIMES MITA (P) 010/03/2002 85C SINGAPORE Internet: http://business-times.asial .com.sg MONDAY, AUGUST 5, 2002
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  • Article
    Lock icon MARKET SUMMARY
    63 1 STOCK MABKET INDICES Week Change ST! 1509.89 +1511 SIMSCI FUTURE_ 187.90 aa± KLSECOMP 719i3 +1.82 NIKKEI St709.66 +118.63 HANGSENO —9391.72 +218.60 SETINDEX 370.46 +339 JAKARTA COMP_«M2 +14.44 MANILA U 19.97 -10.35 TAIPEI WPI _*****9_+66i6 SEOUL COMP 709.68 +184 SHENZHEN B ***** +1.37 AUSTALLORD_J,***** +61.79 DOW JONES 8,313.13 +48.74
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  • Article
    Lock icon FINANCE
    61 1 FOBEX BATES USt St USSfSSpcrUSS) 1.768 £(USS/S$per£)_ L662 2.728 EUKO(USS/S|/E). 0J74 1.711 YEN lit J «850 RM 1800 1162 HKS im 4.438 BAHT 42.01 23J0 RUPIAH 9,126 6.191 PMME1ATES SINGAPORE* KUALA LUMPUR 640 HONO KONG 6.116 JAKARTA 39 00 TAIPEI 6.525 TOKYO 1J7 SEOUL FRANKFURT_ 316 LONDON 4 oo
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  • Article
    Lock icon No CPF top-up needed! if property sold at a loss
    641 1  -  ■^exclusive Bat Board says it'll monitor transaction prices to ping loophole By< Quak Hiang Whai [SINGAPORE] The Central Provident Fund Board (CPF) has confirmed that homebuyers who sell their CPF-funded homes at a loss will not have to make good
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  • Article
    Lock icon Recession fears reverse interest rate expectations
    516 1  -  Investment bankers now predict US Fed cnts of np to 1 point From Neil Behrmann in London THE threat of an American double dip recession and the weak European and Japanese economies are likely to force central banks to slash interest rates and ease
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  • Article, Illustration
    Lock icon M'sia studying impact of PSA's reduced charges
    259 1 Transport Ministry in talks with local port authorities Bernama [KUALA LUMPUR] Malaysian authorities are looking very closely at the possible impact of the decision by PSA Corp, Singapore's main port operator, to cut fees in efforts to remain competitive, Transport Minister Ling Liong
    Bernama  -  259 words
  • Article
    Lock icon Japanese firms unlikely to pull out of Asean
    888 1  -  Officials warn of over-investment in China From, Anthony Rowley in Tokyo JAPANESE firms are highly unlikely to abandon their base in Asean countries despite the rush to manufacture out of China. Tokyo officials said that as manufacturing investment from Japan and elsewhere
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      Lock icon Page 1 Advertisements Column 1
      158 1 DBBPB BizlT S'pore is one of the fastest-growing markets for IP-VPN services. Pg 16 Tang Weng Fai: Are Singaporeans ready for 3G? Pg 17 Electronics Pg 20 Top Stories S'pore electronics sector in fifth month of growth. Next Page Sony group moves out of CBD to Jurong. Next Page SIA
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      51 1 Deposit insurance dorr* ivordo it lfikmm KIUIHU «i The US stock market Looks likt rlnck or a bear? R SlViillltllV ft KL debt blisters should stay Fdclw Toh ft Rules to make it in China I oil Hm Ym ft i^—. Taiwan state firms speed up move into China, Pg
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  • NEXT page
    • Article, Illustration
      Lock icon S'pore electronics sector in fifth month of growth
      575 2  -  on tneeconomy Jnly PMI figures also show recovery of manufacturing sector on track By Eugene Low [SINGAPORE] The key electronics sector turned in a strong showing in July, recording significant improvements in several Purchasing Managers' Index (PMI) indicators. Lifted by robust growth
      Source: SIPMM  -  575 words
    • Article
      Lock icon Sony group latest to join move out of CBD
      618 2  -  Ull exclusive Non-manufacturing ops will be boosed under one roof By Anna Teo [SINGAPORE] For the Sony group in Singapore, a reorganisation that began some three years ago has climaxed with a move out of the central business district to the
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    • Article, Illustration
      Lock icon Deposit insurance don't overdo it
      926 2  -  -i I comment ECONOMICS Experience shows that both design and timing matter vikram khanna THE time to buy insurance is when you're healthy, MAS managing director Koh Yong Guan said on Friday, when asked about the planned introduction of deposit insurance. And Singapore's banking system
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      403 2 MM Asia Pacific A MWWm Management Centre vf n. earn »hb The Professtonak im Executive Education vkm iw students deserve the Best A Degree and a Mercedes-Benz! School of Business Management PhD in Business Management 9th intake 28 August Doctor of Business Admin (DBA) 7th Intake 28 January 03 Executive
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  • SINGAPORE companies
    • Article
      Lock icon Property companies surprise star performers
      857 3  -  Combined HI profit of nine of them np more than 3 times, against overall 41% fall so far By' Ven Sreenivasan HERE'S a surprise: of the 49 Singapore-listed companies that have released their interim results so far, the best crops came from the property and
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    • Article
      Lock icon SIA urged to buy stake in South African Airways
      540 4  -  Johannesburg is a possible hnb for SIA, says visiting S African minister By Conrad Raj SINGAPORE Airlines should take another look at buying a stake in South African Airways, South African Finance Minister Trevor A Manuel suggested last Friday. The Singapore
      540 words
    • Article, Illustration
      Lock icon TT Int'l to grow its electronics brand Akira
      371 4  -  By\ Eugene Low ELECTRONICS distributor and trader TT International (TTI) sees plenty of potential for its consumer electronics brand Akira and is confident the label will account for a growing share of group turnover. "We intend to grow Akira and reduce the
      CHRIS LOH  -  371 words
    • Article
      Lock icon OCBC's alright. If only they'd tell us more...
      753 4  -  locksiew quak hiang whai IN ITS media invitation to its interim results today, OCBC Bank specified that no TV crew would be allowed to cover the briefing. That approach just about sums up the kind of public profile which the conservative bank
      753 words
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      596 3 08 has b en to extend beyond proceeds erf drug trafficking, to those of other serious crimes and now even covers terrorist financing. J""* Professionals, especially solicitors, company formation agents and financial consultants; has added a level of sophistication to money laundering schemes. The new money laundering schemes go way
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      229 4 IPIPr -X- v v I The Hong Kong Watch Clock Fair is the largest of its kind B b h over 700 intema t»onal exhibitors from 13 countries I i T and re9 ons w featurin 9 a wde array of timepieces, I WATCH CLOCK components, accessories and machinery equipment.
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      393 4 An annua, even, by: IDA by fa 9WGAP t Ueake 7wto. £M| Date: 15 August 2002, Thursday CQMUnorfn Auditorium, Suntec Singapore International Convention Registration Fee $60 per person A§M||AA«aSjk The fee is inclusive of tbe following: XTrSIVIiniCP I fillQII Participate at all the conference sessions. Ull UtlfHlvU I UUfIV -Solutions
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  • SINGAPORE news
    • Article
      Lock icon Aug move seen for new rules for power market
      459 5  -  l f EMA to decide finally if wholesale market will get sew rules in Oct as targeted: sources By] Ronnie Lim A LONG-AWAITED decision on whether new market rules will apply to Singapore's wholesale electricity market in October is expected at
      459 words
    • Article, Illustration
      Lock icon Management buyout for Hamptons' S'pore ops
      582 5  -  =ilexclusive By] Kalpana Rashiwala THE Singapore operations of Lon-don-based Hamptons Group has been bought over by managing director Michael Ng and executive director David Neubronner. The management buyout, under an option exercised recently, follows a year of brisk business for Hamptons International Pte Ltd
      CHRIS LOH  -  582 words
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Untitled
      326 6 OTHER SINGAPORE INDICES Aug 2 VALUE CLOSE BTO&OS -601.00 +55.00 ITWOI -*****.00 53.00 BTlO-rfayMA -*****.00 -60.00 405.62 -2.36 MtpWii Etod 120.51 +0.39 scroll Fh 1327.96 -2.08 SG EQMMMPtop 402.64 -3.84 anCI9ns*P0r« 188.46 -0.90 SlliSCI FatarM 187.90 unch Stocks Volume Citiraya 2.5c 546.268.000 Cortina 20c 93.206,000 Tat Hong 20c 45.984.000 QianHu
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    • Article, Illustration
      Lock icon UOB stock still seen as top pick in banking sector
      296 6  -  HOTSTOCg/ WARRANT By' Ven Sreenivasan THE stock of United Overseas Bank, which is expected to announce its interim results this week, has been struggling below its 100-day moving average for almost a month. The counter closed unchanged at $13 last
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    • Article, Illustration
      Lock icon Looks like a duck or a bear?
      797 6  -  J I comment STOCKS r. sivanithy LAST Thursday, Henderson Global Investors' chief strategist confidently declared that the US stock market has bottomed. "If it looks like a duck, walks like a duck and quacks like a duck, then it probably is a duck."
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    • Article
      Lock icon Greenback weakness felt across Asia
      677 6 Aussie and won strengthened; Taiwan and Thai units flagged AFP [HONG KONG] The dollar slipped against the yen in the past week after more weak data from the United States, with results reflected in many other currencies in the region. The Australian dollar and South
      AFP  -  677 words
    • Article
      Lock icon Market Notices
      149 6 ♦Hyflux Ltd will hold its EGM on Aug 6 at 3 pm, 40 Changi South Street 1. ♦Inchem Holdings International Ltd will hold its EGM on Aug 6 at 10 am, 26 Ayer Rajah Crescent, #07-01. ♦Digiland International Ltd will hold its EGM on Aug 15 at 9
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  • Article
    Lock icon UNIT TRUSTS & FUNDS
    3543 6 UNIT TRUSTS FUNDS ABN Amro Asset Mgt (S'pore) Star Europe Eqty 1 0618/ Star Europe Bd 1 051/ St* Europe Bat 0 816 Star Asian Tiger Eqty 0.721/ Star Asia Bond 1 25W Star Asia Balanced 0 838/ Star Global Technology Fund 1 0 16 Star Bhv Finance japan Fi#id!**
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  • MAIL bag
    • Article
      Lock icon Net-hacking case: police 'timely in release of info'
      764 7  -  Philip Mah Assistant Director (Media Relations) For Director Public Affairs Singapore Police Force I REFER to Catherine Ong's commentary "More information needed on Net hacking" (BT, July 29). The article insinuates that the police have not been forthcoming in providing timely information
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    • Article
      Lock icon IDA working to raise security awareness
      219 7  -  Cindy Christine Kong Assistant Manager Infocomm Development Authority of Singapore WE refer to the column by Catherine Ong "More information needed on Net hacking" (BT, July 29). Contrary to Ms Ong's claim, the Infocomm Development Authority of Singapore (IDA) has in fact been working
      219 words
    • Article, Illustration
      Lock icon PUB allays fears over fluoride
      443 8  -  Chan Yoon Kum Director Water Department Public Utilities Board I REFER to "NEWater is fine without the fluoride" by Joshua Soong Guo Shyong (Mailbag, July 30). Water supplied by the Public Utilities Board (PUB) is treated to a quality well within the World Health Organisation
      FILE PHOTO  -  443 words
    • Article
      Lock icon Roadworks distort LTA traffic review
      251 8  -  Chionh Chye Kit Singapore I REFER to the decision by the Land Transport Authority to raise the ERP charges, particularly for the PIE stretch at Adam Road, by 50 cents from 7.30 am to 8 am. As mentioned by the LTA, the changes follow LTA's
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    • Article
      Lock icon Yes, Esso and Mobil brands are here to stay
      317 8  -  Jonathan Law Public Affairs Manager ExxonMobil Asia Pacific Pte Ltd THIS is in response to your writer Christopher Tan s comments to our letter "Both Esso and Mobil brands will remain" (Mailbag, 26 July). We would like to thank him for
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    • Article
      Lock icon Foreign building workers suffer too
      65 8  -  Irene Low Prentice UK via Internet YOUR highlighting the cause of maid abuse ("Silence on maid abuse must end" by Lee Han Shih (Soapbox, July 27) is commendable. But I feel the issue is far wider, and also encompasses foreign workers in construction who appear
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    • Article
      Lock icon Baffling provision in ElderShield
      134 8  -  Tow Yin Singapore I REFER to the letter "Elder Shield is a cheap and good scheme" by Chong Kok Peng and Joseph Chong (Mailbag. July 29). While I agree with the writers about the merits of Elder Shield, there appears to be a little-publicised provision in
      134 words
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      96 7 We welcome letters. E-mail us at btietterQsph.com.sg or fax us at 6319-8277, or write to: The Business Times, SPHHQ, 1000 Toa Payoh North, Podium Level 3, Singapore *****4. We need your full name, address and telephone number, so we can verify it came from you. Please use temperate language, and
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      Lock icon Page 7 Advertisements Column 2
      80 7 1 r <u a a»' <" -mm tmmj* I®* <& fE J Grid offers SAVINGS on your company's wireless communication costs. We provide the convenience of a two-way radio with the flexibility of a phone in a single handset. At the touch of a button, you can connect anywhere on
      80 words
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      Lock icon Page 7 Advertisements Column 3
      27 7 1 Canon laser printers... I the smarter choice bbbbmb II c n ftn*Tr All Canon laser printers come with I Oil Sill y ear on slte warranty
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      1370 8 l/0\| KRUNG THAI BANK PUBLIC COMPANY LIMITLD I f. .J SINGAPORE BRANCH I 65 Chulia Street, #32-05/08 OCBC Centre, Singapore *****3 I J Tel: (65) 6533 6691. Fax: (65) 6533 0930. Telex: RS ***** KTBSIN I Balance Sheet Income Statement I As at December 31,2001 and 2000 For the years
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      539 8 Notices ELTECH ELECTRONICS LIMITED (incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that the Extraordinary General Meeting of Eltech Electronics Limited (the Company") win be held at No. 1 Ang Mo Kio Street 64, #03-00 Maybank Centre. Singapore *****3 on 21 August 2002
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      421 8 In the Matter of The Companies Act Cap. 50 and In the Mailer of TECK UM RESTAURANT PTE LTD (In Members' Voluntary liquidation) At an Extraordinary General Meeting of the obovenamed Company duly convened ond held at 2 Hovelod. Rood *0606. Apollo Centre Singapore *****3 on Friday, 2 August. 2002
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  • REGIONAL news
    • Article
      Lock icon Taiwan's central bank steps in to keep NT$ stable
      434 9  -  Govt seeks to keep it competitive in the region and safeguard exports From Macabe Keliher in Ta ipei TAIWAN'S Central Bank has actively intervened in the local currency market over the past two months in an attempt to keep the New
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    • NOTE Book
      • Article
        Lock icon Viet PM to unveil now Cabinet today
        86 9 AFP [HANOI] Vietnamese Prime Minister Phan Van Khai is set to unveil today a new government line-up for parliamentary approval after two unexpected postponements last week. Mr Khai was supposed to have presented the newly-elected National Assembly with the list of new faces
        AFP  -  86 words
      • Article
        Lock icon Tenaga chief's term may be renewed
        52 9 [KUALA LUMPUR] Tenaga Nasional Bhd (TNB) chairman Jamaludin Jarjis, whose contract comes to an end this month, is likely to see his term renewed for another two years, The Star reported yesterday. Industry sources say an announcement on the contract renewal may be announced
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      • Article
        Lock icon Drought may cut India's GDP growth
        63 9 AFP [NEW DELHI] Indian industry yesterday said a withering drought was likely to shave up to one percentage point off annual economic growth rate, bringing it down to between 5.0 and 5.4 per cent in the financial year ending next March. Prior to the
        AFP  -  63 words
      • Article
        Lock icon HK retail sales seen down in June
        108 9 Reuters [HONG KONG] Hong Kong is expected to report tomorrow that retail sales fell again in June as many consumers shunned summer sales and reined in spending in response to record high unemployment. While the World Cup boosted food and alcohol sales for
        Reuters  -  108 words
      • Article
        Lock icon Opposition MP arrested in Malaysia
        68 9 AFP [KUALA LUMPURI Police yesterday arrested a popular opposition woman lawmaker along with 12 supporters for distributing leaflets criticising Prime Minister Mahathir Mohamad's announcement that Malaysia is an Islamic state, officials said. Police in the northern Perak state detained the Democratic Action Party's Batu Gajah
        AFP  -  68 words
      • Article
        Lock icon India prepares to bid for Cairn: report
        71 9 AFP [LONDON] India is preparing a bid to buy Cairn Energy, Europe's largest independent oil and gas group, which is worth around £500 million (Ssl .4 billion), the Sunday Telegraph reported. The state-owned Oil and Natural Gas Company is attracted by Cairn's significant
        AFP  -  71 words
    • Article
      Lock icon Investor suit against China firm starts
      127 9 Dow Jones Newswires [SHANGHAI] The Harbin Intermediate People's Court has started hearing the case filed by an individual stock investor against Daqing Lianyi Petrochemical Co for alleged financial disclosure fraud, Shanghai Daily reports. Chen Zhihua is asking for 12,615 yuan (552,666) in compensation, saying
      Dow Jones Newswires  -  127 words
    • Article, Illustration
      Lock icon Samsudin plans comeback to M'sia
      435 9 KUALA LUMPUR He transfers 18.54% shareholding in Mitrajaya to private firm Khidmas Capital SAMSUDIN Abu Hassan who made South Africa his base since 1996 plans a comeback to the Malaysian corporate scene. The Star reported over the weekend. Asked by the newspaper about his plans
      435 words
    • Article
      Lock icon Oil prices down again
      910 10 COMMODITY Weeklyßoundup AFP (LONDON] Weak economic data, depressed stock prices, and fears that a number of leading oil producers are set to lift output, drove oil prices down for the third successive week. GOLD: giddy. Gold prices fell below US$3OO per ounce briefly for the first
      AFP  -  910 words
    • Article
      Lock icon Taiwan state firms speed up move into China
      507 11 TAIPEI China Steel Aluminium Corp plans to invest there by year-end Reuters, AFP THE Taiwan government's pleas to businessmen to slow their investment rush into China have fallen mostly on deaf ears, and even state-controlled firms under pressure to toe the official
      Reuters,; AFP  -  507 words
    • Article, Illustration
      Lock icon KL debt busters should stay
      728 11  -  I=]M comment KL STOCKS While the banking system s systemic risk has been removed, debt woes remain eddie toh THREE major debt busters in Malaysia have been winding down their operations after having resolved most of the corporate headaches in the last four years. They
      728 words
    • Article
      Lock icon HK public may reject penny stock inquiry findings
      205 11 HONG KONG AFP THE Hong Kong public is unlikely to accept the findings of a two-member panel ordered by Financial Secretary Antony Leung to probe the penny-stock crash on the local bourse, a leading political figure said yesterday. Speaking on a local
      AFP  -  205 words
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      275 9 The freedom/to worn anywhere to hackers, y j fjf f^k iMfl F' Lm BQH v a J w ri.. 1 Serious Security 4 Cisco.com/asiapac/aironet/sg4.html Pure Productivity Maximum Mobility Now there's a Wireless LAN (WLAN) solution you can adopt j ->." T <> with confidence. The Cisco Aironet 1200 Series combines
      275 words
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  • Article, Illustration
    Lock icon FINANCE & COMMODITIES
    1183 10 FINANCE COMMODITIES Week ended: A lurust 2 AMenes Mams>if Short 1 -3jr Long >3|« SPfQAPOREOOYERMMEMT SECURITIES DrPICATIYB PRICES AMP jm-n* Pv ici Piles TwCwpw Cto TTM m QHw T TlMII IWwMy M M Offer 7YR 3.000 OlNovO? ******02 1.06% 0.65* 100.46 100.56 7 YR 4.375 15-0ct-05 N*****0A 1.83* ISO* 107.15
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  • Article
    Lock icon COMMODITIES
    1536 10 SICOM FUTU11EB au&2 RUBBER Futures (dosing pnen) RSS1(S cents/Eg) ClOM VotWM OfM Moffth Sett (town) Marat £?j?f M2 75 Oct 02 M3.50 Nov 02 143.50 OK 02 ***** RSS 3 (US cents/kg) Volume Omm Mont>l Uj# La* Sett (tows) Interest S5O2 6150 1350 Oct 02 80.00 78.50 80.25 550
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      19 11 Keep warm. Keep away blisters. Keep playiri". Whatever your needs, rely on Lianhe Zaobao Classified to meet them. m
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      165 11 2000 BRANSON Coach House Shiraz $78 $65 2000 FOX CREEK Reserve Shiraz $85 $68 2000 NOON Reserve Shiraz $130 $110 1999 PENFOLDS BIN 707 $108 $88 1999 PENFOLDS RWT Shiraz $150 $115 1999 OLIVERS Taranga Shiraz $70 $55 1999 NOON Eclipse Grenache/Shiraz $125 $100 1999 VERITAS Hanisch $225 $195 1999
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      123 11 n [j "THE BIG MUSICAL IS BACK!" TICKETS ON SALE TODAY I I Jk 'S J/PJr 1 *>."-sf mfwSr *S^3 I The World's Most Loved Movie Musical I I Opens At Esplanade Theatres On The Bay! I I PERFORMANCES FROM I B 13 NOVEMBER 2002 I I FOR A STRICTLY
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      1832 12 uugmcoa i ii i IC3, iviuiiudy nuyuai j c. v, To advertise call toll-free 1800 289 8822 Email recruits®sph.com.sg /or IDT HOLDINGS (SINGAPORE) LIMITED (Incorporated in the Republic of Singapore with limited liability) NOTICE IS HEREBY GIVEN that an extraordinary general meeting of IDT Holdings (Singapore) Limited (the "Company") will
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      1682 12 S-COMM I-COMM TECHNOLOGY LIMITED (Incorporated in Bermuda with limited liability) cSh'fis rES 1 s P ec !f'?T, er o mee,,n 9 of l-Comm Technology Limited (the "Company-) will be held at The Executives or i«,,r^pn?s?hi r ln i S,n 9 a P° re 0495 3 n Wednesday. August 21. 2002
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      518 12 in the: matter of the COMPANIES ACT, CAP. 50 AND IN THE. MATTE:* OE EtO TEX"K INVESTME NT PTE:. ITU (Incorporated in the Republic of Singapore I (la members' voluntary winding-up I At an Extraordinary General Meeting of Ho Teck Investment Pie l.td duly convened and held at 154 Tyrwhitt
      518 words
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      257 12 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER Of INFO EXCHANGE PTE LTD (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the abovenamed Company dulv convened and held at 750 A Chai Chee Road #01-01 Technopark Chai Chee Singapore *****1
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  • WORLD news
    • Article
      Lock icon Aug 14: CEOs must swear financial reports' accuracy
      641 13 DAY OF RECKONING So far, no early filer has indicated it had to restate its statements AP [WASHINGTON] In a year of massive accounting scandals, huge bankruptcies, handcuffed company executives, horrified investors and the conviction of accounting firm Arthur Andersen Aug 14
      AP  -  641 words
    • Article
      Lock icon US still in mild expansion despite volatility, says Fed policymaker
      403 13 Reuters [NEW YORK] A top Federal Reserve policymaker on Friday said he still thinks the US is in a modest economic expansion, although it does seem to be volatile. In a generally optimistic assessment, San FYancisco Federal Reserve president Robert
      Reuters  -  403 words
    • Article
      Lock icon US FOMC meets on Aug 13
      47 13 [WASHINGTON] The US Federal Reserve's policy-setting Federal Open Market Committee meets on interest rates and the economy on Aug 13. It is expected to make an announcement on interest rates at about 2:15 pm (2.15 am Singapore time, Wednesday Aug 14)
      47 words
    • Article
      Lock icon Brazil may be in danger of mass corporate defaults
      533 13 SAO PAULO, Brazil Real has fallen 23% against the dollar; fresh loans needed NYT FOR months, Brazil's financial markets have been in turmoil, and unless there is emphatic international financial support soon, South America's largest economy could well face mass corporate
      NYT  -  533 words
    • WORLD Watch
      • Article
        Lock icon Disney to boast corporate governance
        77 13 AP [BURBANK, California] The Walt Disney Co will cut the size of its board of directors, shrink board committees and take other steps to strengthen its corporate governance. Chief executive Michael Eisner said on Friday Disney already required non-employee board members to own a minimum
        AP  -  77 words
      • Article
        Lock icon Suicide bomber kills 9 on Israeli bus
        101 13 Reuters [MOUNT MERON, Israel] A Palestinian suicide bomber yesterday turned a packed bus in northern Israel into a fireball, killing at least nine people and wounding dozens. In a statement issued in Gaza, the militant group Hamas said it carried out the attack
        Reuters  -  101 words
      • Article
        Lock icon Global Crossing sale in UK collapses
        79 13 Dow Jones Newswires [LONDON] The auction for Global Crossing's UK business has collapsed, fuelling fears that it will be forced into administration, reports the Telegraph. The company's US parent is already under Chapter 11 protection. The paper said the fate of the UK division,
        Dow Jones Newswires  -  79 words
    • Article
      Lock icon Foreign investors pull back spending in the US
      523 15 NEW YORK Cantion with FDI, capital investment is worsening current weakness NYT FOREIGN investors, who once joined with confident Americans in a wave of spectacular acquisitions and business spending that helped power the 1990s economic boom, are now turning cautious about the
      NYT  -  523 words
  • Article
    Lock icon BROKERS' RECOMMENDATIONS
    1112 13 Compiled by Thomson Financial ÜB/E/S The stock recommendation is the average olaH the recommendations submitted by analysts following the stock. There is a total of 29 brokers submitting mammendatfons but not every stock is Mfowed by al the 29 brokers. Their recommendations ai* placed on a 1 to
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  • Article
    Lock icon SGX
    663 13 Week ended:Aug 2 m O—i t**mm m Omt an iS t'So ZSF sn 1M00 OjoSsfc 0 1 i» £L*N2Sc SS CnuOwTlSc 083 w.700 -0.100 S6X 1c OM 1 1<D *0010 13.7« 12. WO SA 50c 70* 12 500 -0300 °!2 ®*J j>JJ» 2f TWt OJb Ojm *0.010 10c C140
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  • Article
    Lock icon BONDS & WARRANTS
    696 13 BONDS WARRANTS Praa Expiry VetCoa* bar Otac Mtfa M« *ar 000)iatto Prta Gaartag Left AST1W*****1 »3 1 K 46 1.22 22 Acm»LtdW*****6 1.5 -05 12 1 SO 636 4.67 27 Amtek W*****0 J3 0.5 1129 1 33 J 136 34 Armstrong W*****0 1.5 i 10 92 4 00 21 Bar
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  • CHINA focus
    • Article, Illustration
      Lock icon Vertex eyes China IPO payoffs
      1140 14  -  At least three of the venture-capital group's portfolio firms are expecting to offer shares to the public in the next few years, reports lohhuitdt PDTrV 1T A. LOH HUI YIN VERTEX Ventures Holdings can look forward to good returns when at least three of its
      ARTHUR LEE  -  1,140 words
    • Article
      Lock icon Keppel Engineering to build Fairchild's first China plant
      311 14  -  By: Loh Hui Yin KEPPEL Engineering, which has built up a track record in the construction of semiconductor plants, has clinched a US$l7 million contract from Fairchild Semiconductor. The contract is to design and construct Fairchild's first plant in China, in the
      311 words
    • Article
      Lock icon Rules to make it in China
      824 14 Show them you mean business and keep plugging away, says lob hot ydt Dispatch your ace, not your second best, to China. Make sure he is vested with on-the-spot decision-making powers. Extend such stints to at least four years for him to gain maximum
      824 words
  • Page 14 Advertisements
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      44 14 Mmmsmssmsmms imm v ,'J t i'i::'' I'''' r T i '•iXv*r|v "V--0 Balanced 0 Regular exercise -i v* mm "ft* iW I*3 Vitamin supplements 4V Resilient immunity *H Tenet Insurance MediUJell Plus Mm |S1 A Hospitalization Surgical Insurance Plan wSK^be" Insurance Compong Visit www.tenetinsurance.com
      44 words
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  • Article
    Lock icon SGX MAINBOARD
    6535 15 Week ended: A ug 2 for live prices, log 071 to uu y u \asiaonenui rketsx-om l*« vol WMk Last Quote GrtNv Ow GrTId Net MCa WtAv? W» U» Sale W- fOOO) wj» Law Mhr Cw HI 13 wg ABNAmroNIG 56c 9 12 34 1416 20.5 15 c
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  • Article
    Lock icon SGX XTRANET
    71 15 NmTm. £2 r2L JST* LM,Q r*'- OrtH. CrtW BC- WUtag "y c Sit* W- (HO) I— *»yr Sdter CVr Wf t3i Wt» 101)0 mo i Diamonds US7770cd 7770 5800 M50s ISDJUSTM* U***** S n 440 S IS MSO Spore US575 lino s ISSAP500 us ***** I I I
    71 words
  • Article
    Lock icon SGX SESDAQ
    1704 15 ■St. a w A jTu, s ■a-sa 255 12 c ABKHIdgsSc U S IS 17 28 K 245 12 c APOtfSc 18S -0.5 492 19 17 185 19 S 11.5 14 78 16 J ig SIS 27 St AS Auto 10c 315 OS 232 »J 315 32 414
    1,704 words
  • Article
    Lock icon CLOB INTERNATIONAL
    437 15 H-Wk LKt Vol *Nt lost Quote GrtXv Dm GrVM Not MCao Mgk Low Company LSot* W- 008 Mfk Low 8ayar Saflar Of K M IIS 70 A V Jennings A2S< A 94 -1 75 95 92 5 94 94 5 40 3 4 10 6 5.5 202 3
    437 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Lock icon Page 15 Miscellaneous Column 1
      187 15 CRVFTIC CROSSWORD 1 Volatile individual among 22 A song to sing in a simple 25 ,0 becorne a 13 Attempt by people to leak in- YESTERDAY'S SOLUTION J*? 'J"™ 60 <2 Across: 4 Claptrap, 8 Parole, 9 DOWN 9 Mantilla, 10 Marit time, 11 Sher--1 Clasps broken sachet (6) ry,
      187 words
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  • BIZIT
    • Article, Illustration
      Lock icon S'pore to see faster growth in IP-VPN services
      572 16  -  I liexclusive But its average annual growth of 70% between now and 2006 will fall short of China's 77% By Leo Kee Chye INCREASING use of broadband and the government's push for e-commerce will make Singapore one of the fastest growing markets
      Source: The Yankee Group  -  572 words
    • Article, Illustration
      Lock icon Regional demand for IP-VPN set to soar
      333 16  -  Revenue of more than USs2.9b expected by 2006 By Raju Chellam DESPITE earlier resistance, more companies in the Asia-Pacific region seem to be now ready to deploy IPVPN across their branch offices and subsidiaries. That demand pull will prod the region excluding Japan
      Source: IDC Asia-Pacific  -  333 words
    • Article
      Lock icon Computer hacking is getting much easier
      436 16 Speakers at Defcoo conference show how it's done [LAS VEGAS] Computer vandals toting nothing more than a Sega game device, handheld computer, or even a compact disc can slip into offices and launch "phone home" attacks via remote computers under their control, speakers at
      436 words
    • Article, Illustration
      Lock icon Brisk business as usual in China
      624 16  -  The conntry remains a refuge from software sluggishness By Russell Flannery TO hear critics tell it, China teems with software thieves. But the actions of some of the world's largest code producers tell another story. Steve Ballmer, the CEO of Microsoft, in Beijing last
      624 words
    • Article
      Lock icon Identrus LLC formed to create web-of-trust
      224 17  -  mail IT George Mathanool managing director Global Millennium Trust Pte Ltd THIS refers to the commentary "Creating a climate for e-trust" by Kenneth James (BizlT, July 25). Even though recent breaches in security may have affected only 21 retail banking customers in Singapore, banks
      224 words
    • Article
      Lock icon Chartered's 12-inch fab not the 1st
      79 17  -  Valerie Tay senior officer, marketing communications Singapore Economic Development Board THIS refers to the commentary, "Can China sprint ahead in the 12-inch fab race?" by Lee Han Shih (BizlT, July 29). I would like to point out that Chartered's 12-inch fab is not the
      79 words
    • IT TAKES
      • Article
        Lock icon More CDP online services coming
        82 17 THE Central Depository (CDP), a subsidiary of the Singapore Exchange, said it is working with India's Tata Consultancy Services (TCS) to develop a Web-based system to offer more online services to investors. "The new system will be more user-friendly, so that we can make changes
        82 words
      • Article
        Lock icon Siemens IP network at Oriental Hotel
        84 17 SIEMENS Information and Communication Networks (ICN) has won a deal to provide high-speed IP (Internet Protocol) networks into the guest rooms at The Oriental Hotel Singapore. The contract is worth $752,000 in phase I, which includes installing Siemens' Hicom 350H (PABX server) with 2,100
        84 words
      • Article
        Lock icon NUS to use Interwoven software
        57 17 NASDAQ-LISTED Interwoven Inc said the National University of Singapore (NUS) will implement Interwoven's flagship product, TeamSite software, to manage all enterprise content throughout NUS' offices, faculties and departments. Phase I covers NUS' central administration and has been completed. Phase n will involve all 10 NUS
        57 words
      • Article
        Lock icon PDA help for driving instructors
        77 17 COMFORT Driving Centre's driving instructors can now retrieve or file student progress reports using PDAs. "A first in Asia, this initiative will set the precedent for Asia's driving instruction industry which relies solely on student cards for updates and retrieval of student progress information," said
        77 words
      • Article
        Lock icon NGS to resell Brio tools
        44 17 NASDAQ-LISTED Brio Software Inc said it has appointed National Computer Systems (NCS) Pte Ltd as a value-added reseller of Brio's business intelligence tools. The deal will allow Brio to leverage on NCS' methodology and regional presence across six countries.
        44 words
      • Article
        Lock icon eMobile goes to Indonesia
        84 17 SINGAPORE-BASED eMobile Pte Ltd said Indonesia's PT Telekomunikasi Selular (Telkomsel) will use eMobile's Multi-bank Mobile Banking System (MMBS) to launch a new mobile banking service in Indonesia. "Telkomsel is the largest GSM network operator in Indonesia," eMobile's president and CEO Melvyn Sum said. "We believe it
        84 words
      • Article
        Lock icon Fuji Xerox S 'pore, Cadix tie-up
        44 17 FUJI Xerox Singapore has tied up with Cadix Singapore to offer businesses an e-signature solution for document automation applications. Called Cyber-Sign for DocuWorks, it combines Fuji Xerox's DocuWorks document management and distribution software with Cadix's Cyber-Sign e-signature software.
        44 words
      • Article
        Lock icon Promotion at EMC
        36 17 US-BASED storage management giant EMC Corp has promoted Paul Rath to head EMC's Dell alliance in the Asia-Pacific region and Japan. Mr Rath, based in Singapore, was previously general manager, EMC (South Asia).
        36 words
      • Article
        Lock icon Microsoft appointment
        34 17 MICROSOFT Singapore has appointed Brian Varney as enterprise services director to lead its consultancy, technology specialist and technical support divisions. Mr Varney was previously group manager for consultancy services at Microsoft Australia.
        34 words
      • Article
        Lock icon Licensing trap and Linux
        38 17 A SEMINAR on "The licensing trap and Linux" will be held tomorrow at library&orchard. It is organised by the National Library Board and the Imperial College Alumni Association of Singapore. For details, e-mail Saravanan_TASlVERAN@nlb.gov.sg.
        38 words
      • Article
        Lock icon Check Point CEO's talk
        36 17 CHECK Point Software s founder and CEO Gil Shwed will speak at the "IHT Visionaries Leaders Series" on Aug 12 at M Hotel. It is organised by eAngelz. For details, e-mail sascha@eangelz.com.
        36 words
      • Article
        Lock icon Web usability seminar
        48 17  -  Compiled by Raju Chellam A SEMINAR on "Web usability: maximise your company returns with usability" will be held on Aug 12 at the NUS Graduates Guild in Grange Road. It is organised by Microteams.com Pte Ltd and Singapore Polytechnic Graduates Guild. For details, e-mail eric@microteams.com.
        48 words
    • Article, Illustration
      Lock icon Are S'poreans ready far 3G?
      724 17  -  Tlcomment INFOTECH If there Is such poor uptake for GPRS, the intermediate 2J6G technology, why should It be any different for 3G? tang weng fai The writer is a BT Correspondent. IS Singapore ready for the mobile lifestyle promised by 3G mobile technology? 3G is
      724 words
    • Article, Illustration
      Lock icon AOL chief to face 1st big test in buyout of Comcast stake
      577 18 Richard Parsons could borrow money or issue stock to raise USs9b both unpopular options NYT IN THE next few weeks, Richard D Parsons faces his first pivotal test as CEO of AOL Time Warner: coming up with as
      NYT; AFP  -  577 words
    • Article
      Lock icon Allow computers under attack to hack back: researcher
      358 18 Striking back is illegal under US law, but some Congressmen hope to change that Reuters [LAS VEGAS] Can vigilantism save computers from the next big virus threat? Striking back against a computer that is attacking you may be illegal under US law,
      Reuters  -  358 words
    • Article
      Lock icon Motorola phone unit eyeing acquisitions
      166 18 Bloomberg [LIBERTYVILLE, Illinois] Motorola Inc's mobilephone division expects to acquire several companies over the next year, probably ones that will bolster its technology and market share, the unit's head of strategy said. "Given where we have capability gaps, the best way to close those gaps
      Bloomberg  -  166 words
    • Article
      Lock icon Weak sales again at Cisco Systems?
      107 18 Reuters [CHICAGO] Cisco Systems Inc's earnings report this week may signal that an industry recovery is still a ways off as analysts and investors expect to hear a repeat of weak sales forecasts from the networking giant. Also of interest to investors will be
      Reuters  -  107 words
    • Article
      Lock icon eBay Motors doing good business selling cars online
      311 18 Reuters [PALO ALTO] The auction site eßay Inc has had enormous success selling everything from art to computers. It did not see much potential in the used car business. Until one day a company executive scanning the model car section stumbled upon
      Reuters  -  311 words
    • Article
      Lock icon Users more willing to pay for online content
      219 18 NYT [NEW YORK] More Internet users are showing a willingness to pay for content online subscribing to news sites, for example, or paying fees to send e-greeting cards suggesting a shift in consumers' expectations that online services should be free, according to
      NYT  -  219 words
    • Article, Illustration
      Lock icon How Trend Micro's bucking the downward trend
      673 19  -  In Q2 2002, the company reported revenues of USs92m, up 70% over Q2 2001" its net income was USs2Bm, up a phenomenal 272% over Q2 last year By Paul Chan WHILE tech stocks are awash in red ink, an t i v i
      Source: Bloomberg  -  673 words
    • Article, Illustration
      Lock icon e-Cop.net to expand in North Asia, Australia
      357 19  -  It will spend more than USs2m on two Internet monitoring centres there By] Leo Kee Chye SINGAPORE-BASED Internet security firm e-Cop.net Pte Ltd (short for Network for Electronic Crimes and Online Protection) said it will invest more than US$2 million to set up
      357 words
    • Article, Illustration
      Lock icon VoIP can deliver a good ROI in 12 mths
      662 19  -  say It can help carriers reduce expenses and generate new revenue francois lancon The writer is managing director, Nortel Networks Asean. THERE'S a new cost-conscious-ness among telcos these days, with spending on infrastructure more tightly linked to ROI (return on investment)
      662 words
  • Page 16 Advertisements
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  • Page 17 Advertisements
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      Lock icon Page 17 Advertisements Column 1
      84 17 We welcome letters. Please e-mail us at bizttosph.com.sg. Please note we reserve the right to select letters for publication and to make editing changes. E-Business Suite Marketing Projects Sales Financials B Order Management BData^l Human Resources H Procurement Service Supply Chain Manufacturing All your applications engineered to work together All
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  • Page 18 Advertisements
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      200 18 I i^^JiHl ll' J aHHHMS fl|JB i^-' I|B| vBHH 3^^MBH^^^BMMfii^ ft/f* 1 ii m ti~-M m IB^^^^HBHBi ,j No racing like commercial* holesale LSgH coffee distribution. Especially with customers in 45 cities argund the world. Which Elisabeth turned to Nortel Networks™ VoilcTßym-VL** lnfyy^i™*"™" Into h#T worldwide online customer em en
      200 words
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  • Page 19 Advertisements
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      Lock icon Page 19 Advertisements Column 1
      253 19 Where to wine, dine and entertain...""tksm HAdD www.diners.conLsg **W inumaiKna! Cafe Vanda is the place to £>"• be for the choicest array of v lunch and dinner buffet treats from 6-27 August ty/.\* Tantalise your taste buds with a delightful local spread of Ayam Styow,Mutton Keema with RotlFrata, JHeefc Pepper
      253 words
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      Lock icon Page 19 Advertisements Column 2
      89 19 Ifi I elin I Spring Court I The Oldest \M5* IJ Chinese Restaurant in X. *y Singapore since 1929. 73 Anniversary Special PEKING DUCK Limited to one per table with mm. order of $50 onwards. W|N6 KNP (M% ftIZZ Every first Monday of the month is Wine Cheese Night at
      89 words
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      Lock icon Page 19 Advertisements Column 3
      103 19 Weekday Special Lunch Menu G $5.50 Nett Per Item With Free Choice o< One Co«ee/Tea/Sa(t Ormks or Chin Chow Teriyala Chicken with tti m Katsudon Deep fried Pork Cutlet Topped with £m I Omoa, Serve with Sledmed Rice Indian MeeCoren R Fried Mot Taj Bale with Minced Pork Dry Shiny
      103 words
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      Lock icon Page 19 Advertisements Column 4
      121 19 Want to dine on our superb vaJue-for-money set menus but can't make up a group of 10? You will be delighted with our Executive Set Menus specially designed for individuals and smaller groups. Ranging between $38 $78 per person. Available dally for both lunch and dinner. For reservations, please call
      121 words
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      Lock icon Page 19 Advertisements Column 5
      92 19 Sunset Rendezvous Dine in the glittering beautv of the golden sunset with our Sunset Menu! I 31 August 2002 $45*+ per person crftfle available 6.30pm-7.30pm CD Rcvolvtnf Restaurant 99tk floor Reservations: 6831 6258/88 Mandarin Singapore MtRITUS 333 Orchard Road. Singapore *****7. Vi'.'.TT' Tel: 6737 4411 Fax. 6732 2361 rll 5
      92 words
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  • NET works
    • Article, Illustration
      Lock icon How ST Electronics turns R&D to profit
      775 20  -  CHDABDimM learns more from company president Seah Moon Ming CHUA HUI MIN SINGAPORE Technologies Electronics (ST Elec) has probably seen more than a fair return on its R&D investments, its president, Seah Moon Ming, reckons. The electronics arm of locally listed Singapore Technologies
      Source: ST Electronics  -  775 words
    • Article, Illustration
      Lock icon Glimmer of hope in IT in biosciences sector
      482 20  -  By Tang Weng Fai DESPITE the general gloom, there's a glimmer of hope for the IT industry. That hope comes from the biosciences sector. The bio-sciences-related IT industry in the Asia-Pacific region outside of Japan is slated to grow more than seven-fold
      Source: IDC 2002  -  482 words
    • ON THE SHELF
      • Article, Illustration
        Lock icon Sharp's Linux-based PDA here
        116 20 SHARP-ROXY Sales Pte Ltd has unveiled a PDA and a notebook PC. The details: Zaurus SL-5500 (right). This Linux-based PDA costs $989, weighs 188 grams, runs on a StrongAßM processor at 206 MHz, uses Qtopia and Personal Java operating system, comes with 64 MB RAM, 16MB
        116 words
      • Article
        Lock icon NetScreen's security appliance
        45 20 US-BASED Net Screen Technologies Inc has introduced its new security appliance. Called the SXT, it offers 70 Mbps firewall and 20 Mbps VPN performance, and is targeted at remote office and enterprise telecommuter environments. Prices start at US$l,O4O. For details, fax *****087.
        45 words
      • Article
        Lock icon Comex's new software suite
        44 20 COMMERCE Exchange (Comex) has debuted an integrated Web-based software suite called ILMS (integrated logistics management solutions). "ILMS provides capabilities for warehouse, order, freight, transportation, documentation and billings management in a complete and integrated package," Comex said. For details, visit www.comex.com.
        44 words
      • Article, Illustration
        Lock icon New PDAs from the new HP
        155 20 HEWLETT-PACKARD has launched a new range of PDAs. The details: iPAQ Pocket PC H3900 series (left): A typical PDA under this series weighs 184 grams, rims on an Intel PXA2SO processor at 400 MHz and comes with 64 MB RAM, 32 MB Flash memory,
        155 words
      • Article
        Lock icon 3Com's wireless bridging solution
        53 20  -  Compiled by! Leo Kee Chye 3COM Corp has unveiled what it claims is the industry's first wireless bridging solution using a Wi-Fi access point. The "Wireless LAN Building-to-Building Bridge" costs US$990, excluding antennas and cables. The solution supports a distance of up to 24 km. For
        53 words
  • Page 20 Advertisements
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      Lock icon Page 20 Advertisements Column 1
      162 20 business on the net BMake the net work. With Surf ONE, the wide-open comprehensive software platform for Web services. down the to Web services, you to move stay flexible and take advantage of business wherever you where SurTONE comes Sun complete software develop "Services on Demand" that build customer loyalty
      162 words
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      Lock icon Page 20 Advertisements Column 2
      7 20 #Sun We .1 akp :ht- 'it-i ivo-t
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  • SHIPPING TIMES
    • Article
      Lock icon SHIP SALES
      284 21 Contributed by Simpson Spence Young THE dry bulk sector has remained active. Vessels sold for farther trading BULK CAHRIEBSc World Rover: 45,000 tdw bit 97 Oshima crs 4/25 ts reported sold region U5513,500,000 to clients of Technomar in Greece. Okyroe: 41,600 tdw bit 84 Hayashikane crs 4/16 ts
      Contributed by Simpson Spence & Young  -  284 words
    • Article
      Lock icon MARITIME STOCKS
      265 21 MX *000 fcii2 a v« CWT Distribution 0.77 unch 5 Chuon Hup 0.44 -0.01 555 Cosco Invostmont 0.18 -0.01 514 Freight Links 0.05 0.01 40 GBHo'flmgs ....0.74 -0.01 20 Jaya Holdings 0.22 -0.01 1168 Koppol Corp 4.58 unch 3841 Koppol Marino 0.17 0.01 80 Koppol T«(« 0.99 unch
      265 words
    • Article, Illustration
      Lock icon Hamburg, Antwerp chalk up robust rise in box throughput
      618 21  -  Their more than 12% growth in HI not expected to be matched by other Europe ports By\ Donald Urquhart [SINGAPORE] Healthy box growth in the first half of the year is being reported at the ports of Hamburg and Antwerp with
      FILE PHOTO  -  618 words
    • Article
      Lock icon Lines resist plan for pilots in Barrier Reef
      525 21 Pilots already overworked, raising risk of accident, lines say Reuters [SYDNEY] Shipping lines are resisting Australian plans for greater use of pilots to guide them past the Great Barrier Reef, even as a huge bulk carrier wallows aground in the environmentally sensitive
      Reuters  -  525 words
    • PORT Shots
      • Article
        Lock icon Indian sailors missing off Sri Lanka
        104 21 Reuters [COLOMBO] Sri Lankan and Indian rescuers were searching for 10 Indian sailors who were forced to abandon their listing oil tanker in rough seas off the coast of Sri Lanka, on Friday. The sailors were forced into a liferaft when the Indian-registered M
        Reuters  -  104 words
      • Article
        Lock icon Smuggling up sharply in Shanghai
        96 21 AFP [SHANGHAI] Smuggling cases were up sharply in the eastern port of Shanghai in the first half of the year, despite customs' recent efforts to curb them, according to officials and state press. The Shanghai Customs house reported a rise of 13.6 per cent to
        AFP  -  96 words
      • Article
        Lock icon APL sets up office in Puerto Rico
        56 21 {SINGAPORE] Neptune Orient Lines' (NOL) container arm APL is continuing its expansion in Latin America, establishing a new company in Puerto Rico. Replacing its former agency representation by Inchcape, APL de Puerto Rico will operate as a full service liner company, headed by
        56 words
    • Article
      Lock icon China logistics ventures: 50% cap on foreign investment
      188 21 [SINGAPORE] China will limit foreign investment in logistics joint ventures to 50 per cent under new rules. So-called logistics pilot programmes will be limited to Beijing, Shanghai, Chongqing, Shenzen and Tianjing cities, and in the provinces of Guangdong, Jiangsu and Zhejiang. Fairplay
      188 words
    • Article
      Lock icon RCL refinances debt facilities
      181 21 [SINGAPORE] Singaporeheadquartered and Thailisted feeder Regional Container Lines (RCL) has refinanced both its ship fleet and property debt facilities to prepare for expansion. The company will "refinance a substantial portion of the group's existing secured shipping debt facilities" with a US$llO million loan from a group
      181 words
    • Article, Illustration
      Lock icon Struggling industry giving out conflicting signals
      691 22  -  LINER SCENE -By\ David Hughes WHAT is going on in the container shipping business? There seems to be conflicting signals coming out. The picture is predominantly of a struggling industry, one still not out of a nasty downturn and yet to experience much in
      FILE PHOTO  -  691 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      208 22 PAGE Appensiup 5 Avant 10 BtangMas 5 BSA 6 BSC 10 BTl 10 CMACGM 3 C0SC0 3 Central Ex 4 Chahaya 10 China Shpq S Confer to t Cougar 5 CWTGIoMink 6 Detmas 4 Dongnama 3 EP Carriers 10 EIS 9 ECt 3 EnqLw to ESP lines
      208 words
    • Article
      Lock icon SHIPPING GUIDE
      16439 26 thebusinesstimes THEBUSINESSTIMES EXPORT A(tv#rtiS*r V»svl Uawjm TaImK/w. cta rTi i ETA ETA Advertiser Vessel Voyaqe Telephone SIN Dest'n Name Name Number Number To ABIDJAN (ABJ) 2003 Cot* D'lvoire 12/08 02/09 Del mas KRIBI 232* 65******44 12/08 07/09 KienHunq PROSPERITY CONTAIN PC203S 65-*****133 12/08 30/09 CMA CGM VILLE DE
      16,439 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WAIVES
        513 31 V°Y Mo Berth Arrival Departure Jm| N>t £P0S 02 <* JI7 04/06/*****0 04/06/2020:00 •I HA 0UATA »802 JOI 04/08/2009 00 04/08/2023 00 MARCOPOLO 56 05/02J J13 04/08/7011:55 08/08/2006 30 KOCHI ACE 73* J07 04/06/2014:00 05/08/2006 00 SENBOAU ACE 75 J12 04/06/*****0 05/06/*****0 T0 T0 tE 90 J2S 04/06/2023:00
        513 words
      • Article
        Lock icon CONTAINER SCHEDULES
        2056 31 CONTAINERS TERMINAL AND VESSEL SCHEDULES m Vessel Out la Mi Berthing Uo Berth too Name Vo Voy seq berthing Nmbr 3 A P MOELLER 0207 0207 0708/2002-03 59 07/********** 100 *CX MAGNOLIA 053S 0535 I *****002 2200 *****002-0600 1:00 *CX RAFFLES 066N 066N 1 *****002 2300 **********00 00
        2,056 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        170 31 Aa|B UK: Bank Holiday (Scot) Aug 9 Singapore: National Day An* 12 Thailand: Queen's Birthday Anff 15 Belgian: Assumption Day France: Assumption Day Italy: Assumption Day South Korea: Liberation Day Anff 17 Indonesia: Independ Day Aug 26 UK: Bank Holiday Ang 31 Malaysia: National Day Philippines: Nat Heroes
        170 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        797 31 THIS report, compiled by Cocked Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average sired stem Market movements are indi cated The Cockett Bunker Price Index change
        797 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        489 31 Jul M ft—* W> Mil 966 7 0.4 B.9 0 08 71 0.03 Mw Pmltf Wrttr Iwitw AiMNhnI«Iw» Sedl—«t No above E25 0 0 t 0 0 0 7m7H 380 kvt 980 5 02 14.3 0.06 29 0.02 M/wj *.-/w 380 9906 0.9 *9 0.15 124
        489 words
    • AIR & LAND transport
      • Article
        Lock icon UK air traffic controllers warn of safety risk
        298 32 Nats most solve its financial, staffing problems AFP {LONDON] Britain's air traffic controllers have warned of a "very real risk" to safety if the service's financial crisis is not solved, a British weekly said yesterday. In a letter to Transport Secretary Alistair
        AFP  -  298 words
      • Article, Illustration
        Lock icon Foreign cash to accelerate Chinese airline revamp
        730 32 Easing could pave way for membership of global airline alliance: analysts Reuters [SHANGHAI] China's easing of caps on foreign investment in the aviation sector last week will propel its airlines into the global jet set and give foreign carriers a bigger share of
        Reuters; AFP  -  730 words
      • Article, Illustration
        Lock icon Cathay to train locally hired pilots as captains
        425 32 AP [HONG KONGJ Cathay Pacific Airways said yesterday it plans to train its first batch of local cadet pilots as captains, an unprecedented move for the airline which has a flying crew dominated by overseas pilots. One of Cathay's locally trained pilots,
        AP; AFP  -  425 words
      • Article
        Lock icon 27 Russian airlines closed this year
        218 32 Reuters [MOSCOW] Russia closed down 27 airlines this year to try to enforce safety standards in an industry reeling from a spate of crashes, the country's aviation chief was quoted as saying. More than 400 airlines have mushroomed in Russia since the 1992 privatisation
        Reuters  -  218 words
      • Article
        Lock icon UK airport baggage handlers get better pay offer
        146 32 AP [LONDON] Baggage handers and check-in staff at Britain's busiest airports rejected a pay offer from employers on Friday. But as talks continued, their union said it had received a new and better offer which it was recommending its members accept. Members
        AP  -  146 words
      • LOG Book
        • Article
          Lock icon Proposals for Dublin airport terminal
          145 32 Reuters [DUBLIN] The Irish government said it planned to advertise internationally this week for proposals to build and operate a second terminal at Dublin airport. Depending on the response, the project may then be put out to public tender. Transport Minister Seam us Brennan said
          Reuters  -  145 words
        • Article
          Lock icon Macau reports robust air traffic
          111 32 Xinhua [MACAU] The Macau International Airport recorded strong traffic growth in the first seven months of this year, showing a 10 per cent year-on-year rise in the number of passengers handled, according to the latest airport figures. A total of 2.41 million people arrived at
          Xinhua  -  111 words
        • Article
          Lock icon Virgin Express' Q2 load factor up
          112 32 Reuters [BRUSSELS] Discount airline Virgin Express said its load factor rose in the second quarter, versus the first quarter, as it added new routes and more flights on existing ones. Virgin Express, nearly 59 per cent owned by British entrepreneur Richard Branson's Virgin Travel,
          Reuters  -  112 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1660 32 on man no man n» MM 8*7381 *40 8*7382 2215 <*81 *40 Of82 22T5 kmfrum S035 0655 U.838 2225 6*975 1025 SOX 2345 KL837 1510 W WIS Auckland LH98T7 1900 LM9816 2020 W23 1900 N224 2020 S***** 1900 $***** 2020 U4386 2045 N***** 2100 S0286 2045
        1,660 words
  • Page 21 Advertisements
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      16 21 Liner Scene: Industry giving out conflicting signals Pg2 Foreign cash to accelerate Chinese airline revamp BackPage
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      312 21 BANGLADESH SHIPPING CORPORATION CHITTAGONG. BANGLADESH APPLICATIONS ARE INVITED FROM PERSON OR FIRMS INTERESTED TO BE ENLISTED AS SHIPBROKERS WITH BANGLADESH SHIPPING CORPORATION (NATIONAL FLAG CARRIER OF BANGLADESH) FOR FIXING OWN TONNAGE AND FOR TRANSPORTATION OF BULK COMMODITIES A/C VARIOUS GOVERNMENT AGENCIES OF BANGLADESH. ENLISTMENT FEE IS USD 1,000 (NON REFUNDABLE)
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      617 22 I OU^ A/CMADA I EXPORT I I OTHER DESTINATIONS ~1 KL. MMWB OiMC0 |«»roq]l ll TO AUSTRALIA {AUSTRALIA ASIA EXPRESS) I whimtm iItJZ I 0//UO I 73/08 27/08 78 08 71/01 71/ M 31 AM -i 00Q IffTHEILANDS 3*33 13/01 I 14/01 I 30/00 03/09 04/09 04/09 04/09 07/09 I
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      99 22 WORLDGATE EXPRESS UNES PTE LTD /f\ I CecM Street, #16-03/04, Bangkok Bank Buikflng, S*pore *****6 Te,: *****911 Fax: *****073******63 Email: wgate©mbox2.singneLcom.sa WEBSITE: http j/www wortdgate com. sg WEEKLY FCL LCL SERVICE TO FOLLOWING PORTS VMWUSIUU m pariET jgj—] IMAH SW-CONT M BSE (HOTAGOWG, "DHAKA 07/W Bfej K- SW® 1 WM
      99 words
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      586 22 ljnes 4 servkw represented by Members of it* Registry of Accredited Shipping Agents. Singapore Shipping Association Members of the Singapore Logistics Association cwnwwts/ COHVBCTKJIUI CARGO WY ETAPKL ETA SIN ETA MALE f *P»iA w law Ii« PrtePW* IJh *7K ?l/»i Uli MARINE SKRVK ES SIM.APOU PW (334 TM&WKMMt hx: BS47MC
      586 words
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      997 23 TO EUROPE FROM EUROPE vot mi wm am ham wv sou m wse voy itm am mm iv sou in si API am lIIW 01/01 28/08 30/08 26/01 ■ttrtOHTY 001U6/TI7 18/07 20/07 21 /V 06/08 mx UNUma OIOW 09/08 25/08 27/08 30/08 31/08 AfIGABMT DOE 21/0718/B7 19/07 16/07 08/08 HT
      997 words
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      1233 23 m [ggv (IKCT CALL to |jp J 1 mAfotl: M tOMKOM n »I}-M UUS/K6S THj unuw/u mi- immi nt I CBMBBO 4 DAYS COSTAR SHIPPING PTE LTD I am> n ;i;i9ooooa I*4l* jjmm jmsm/jj I BANBAR ABBAS 12 DAYS Jonorsowtt cwvonwitti U2S /114 SSUi/lt I _cosaitto>ais g») sow mm itLw-imtu
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      536 23 rasa VOT KG s<N rou WG s*u rus wc vEssa wr T s« I hk in BITt HONGKOWG 7IOW 4/1 7/1 1/1 H/> 14/1 14/1 20/1 AOUUC 042N 10/1 M/| 14/T~ mCKERUOG 71)1 13/1 14/1 15/1 11/1 21/1 23/1 27/1 AQSAKUIA ***** 17/1 21/1 23/> [KMTCHONGKONG *****131/1 1/9 21/1| 1/9
      536 words
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      1124 24 HMAf- 2 HYUNDAI MERCHANT MARINE CO., LTD. Hiaipaji: wwwi—2l.cmn q NO. *****9+0000H l** ss ww s» sou la tm wit ham mv |msa wt sou ifit m HOT "nam" "57" TIP HT ÜBEBTY HOW OS/OS 27/0B 71/01 73/00 7S/0B NOtmOBfTY OOIT l«/*7 It/07 14/07 14/07 04/00 apikxjte iitw 00/oo m/oo
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      892 24 WAN HAJ UNES (S) PTE LTD WiWAN HAI LINES M*l»)BUraßX:Prai»»Jl 9B *-*11|X7*5475 HUL IB I) 17*7714/ J7»1»5 WWW.WMIMi.CM.sg n*:«n)aMUliU;|Bl)SßMinaa:n4M/ntW NUL7)*in f;Bm«IMWI:»l|«HWB/4W1W IW I M it «m i f no TSr^ I Li? I £2 £2 SS »>■ Si —fi Pjj! I I Ml AM Ml IIM 11M t mm IliM
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      638 24 m st® WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICO POINTS rasa vot an pjuib com—o it mm coiomo rowßHaa mn wjw jijw Taug 7am iiak ioia fawt rnmi Taug ow mi TTwc mit MOB) FAtCW arts 14 AtfC OMIT QUI It Alt HIK IAWGAAOHI lI3W
      638 words
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      1254 25 [VESSEL VOT KHH HKG SIN ~pjg DXB BAB DMM FISc IRAN HORMOZGAN PCt-271 06/08 07/08 10/08 11/08 18/08 19/08 23/08 25/08 IRAN TEHRAN PCL-272 13/08 14/08 17/08 18/08 2S/08 26/08 01/09 03/09 M.V. UNDAVIA PCL 273 20/08 21/08 24/08 2S/08 01/09 02/09 06/09 08/09 IRAN KERMAN PCL 274 27/08 28/08
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      651 25 UK CONTINENT SERVICE I Loading for STARLING ROM/A TW/BMN/UK/NAN I OCEAN FRIEND ROM/ATW/BMNAJK/NAN I PANDORA P RDM/A TW/BMN/UK/NAN I Loads Singapore. EVW Mataysa. Indonesa MIDDLE-EAST SERVICE Loading for PETROS R ADN/HDD/JDH/AQA OR HAN EKINCI DMT/JDH/AQA SWIFT DBI/ABU/DOH/BRN/DMM/KWT MARINE UNIVERSAL II DBI/ABU/DOH/BRN/DMM/KWT I CHIEF JDH/AQA I 'Loads Singapore. E7W. Maiayaa. Indonesa
      651 words
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      1074 25 ?2I SB WW vkm yjU Jt I rir KBft 5Z448 84Zfii W/M PACIAJJ 7701 M/M 10/00 I «338- fig-- ag- 3iii— r -gf —H^s I 09 M rif Mil 7707 IS/M 17/ M 1 ,0 M 11 M PAC lINTAN 01 6 T 21_M I aiffit»■»»«-; vessb VOT SM K
      1,074 words
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      131 26 LpKYOWA line l ¥l< I*— In..— i|„ T I. I Millenio lower 205N 10/08 22/08 28/08 29/08 Miljento lowef i 205N I 10/08 29/08 OMTT 109/09 I 12/09 Mi lien io lower 205N 10/08 ~24/08 02/09" 03/09 05/09 07/09 "08/00 Smokor Seoul 21 IN" 17/08 29/08 OMIT 09/09 12/09 Sinokor
      131 words
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      161 26 CWT GLOBEUNK PTE LTD CHI IMH HAIPHONG HANOI B*IM[N HAMBURG TIANJIN QINGDAO SHANGHAI XIAMtN fUZHOUDALIAN XIANBeiJINGSHI HA /HUANG CWT GLOBEUNK presents World-Wide Connection SERVICING 110 DIRECT PORTS with Approximately 1800 Inland Destinations For enquiries/bookings. please call *****177 THANK YOU FOP USING CWT GLOBELINK vTsv"\ TAUA TIVT 171TOAS STREET #06-177/179 IVIkU
      161 words
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      60 26 M WINSTAR SHIPPING PTE LTD la wmn wtanm at no **********0 c ii EhmI(CW) —uritt—iiixma tS*pW N U|i|M N -M) Uoing it Jurong Pwl leoinj 0 (orrtomer Port Door la Door FQ/IQ/ Fa CoMomr Conrentionol Cargo Door to Door hr nHIn fhmt «f tmk. SHim t+mn PROJECT CARGO M Sra
      60 words
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      242 26 BSA^ MYANMA ■MMI 4. FIVE STAR UNE (MyoMor National Lite) W LoWh* for Yo*9m vissa vor sm m p» ku 0« SHWt HAW 54 W SIB PAGAN V3O4W SID IN MALAYSIA: IOUSTIAO SHIPPING AGCMCIIS lUL 03-*****300 PtL- 03-317M101 Kit 04-2(***** BANK LINE (A service of Aairew Weir Shiffng) V" I
      242 words
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      96 29 KALIMANTAN 2 DIRECT WEEKLY SERVICE TO 1 JjUUKTA/PAIHUMMG/PUmi I v l I »n I aw mi \rtim Iwm uowmi 11/W H/i ij7i ii/i I mpaso iffi Ti/i tT/i a —TI7T" I itcHMAHUO i "T77H h/» H/» WT SURAIAYA/PANJANG »«mI »«t sw l sw rmT I o mfeA m/m Tfji n/i
      96 words
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      87 29 FULL CONTAINER SERVICE SIN PASIR OUDANQ SIN DAILY SAILINGS IVESSEL VOY ETA PG DAY I VOV fTA SXI DAVI GOmCN STWj 1543S I 07/OMK I W 1543H 09XMAP I THU rIWwS iWB I Ql/Vl/V2 I THJ 1 2M0W I 09/06/02 IFW WUCISTW IS44S FW [IS4JW I KMM/tgIMT II [PROGRESS I
      87 words
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      72 29 msnu LQADmroi 10 AUG CHITTAGONG, KAKINADA 15 AUG MUMBAI, KANDLA 10 AUG COLOMBO, DUBAI 16 AUG SHANGHAI (INDUCIIKNT) W—fcty CoXaiwr Urritm C»lowfc», <1 >w*on PmU ami P. OmM PHOENIX SHIPPING JFTYJLTD MONOCY BREAKBULK SERVICE TO SOUTHERN AFIVCA ANO INOIAN OCEAN ISLANDS VESSEL NAME VOY SPORE DURBAN PHOENXI I 06/2002 18/8/02
      72 words
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      103 29 m. Egyptian Mwntkml SMpptaf Ctmpwy iuii SERVING DIRECT TO/FROM PORT SUEZ, ALEXANDRA, ANO SYRIA lEACTOUND FM EGYPT I WESTBOUND TO EGYPT Ml V.130 «TA SPORB >1/06/02 mmwwitmmmm *nb cowvwmowAi. n—o»i. SINGAPORE AGENT T LIME (SINGAPORE) PTE LTD TEL K21W77 52/54/* PEC« SEAM STREET TU RS ***** KAWAKI HERITAGE COURT. SINGAPORE
      103 words
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      103 29 5= ESP LINES ww wkkit iq sanoa to lagos Vtssa SAJUNG tVBT TNURSMT lOAHM6 tYHT WB AT PTE MSTITAM. CONVBmONAL/MEAKIUU flMa EUS» UMDMCFOI WW IS/01/7005 OUUI DAMMAM <m tout raw wn gmt mk umg ii wutu (-.amino. STOB TIL A7711M1 FAX: *****117 Wt pTdfi TH: JUSAJJ ML *****01 KT TtL
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      688 30 Mff— ■pKoBBCSjE jmm TIGtl PtAll 007* Of 10/06 1411/01 KM/01 I Tt6£R IRIOGI 003N I*l4/00 70 7?/08 77 71/00 I TIGtl SHAM OWN 14 17/00 71 75/00 3031/00 I TIGtl ISUNO 00SN 70 71/00 77 71/00 03M/09 I netlPtAtt 0040 7174/00 »01/W 0407/W nee cuff os? «m7oI isfiTS 74-77/01 I
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      842 30 FREIGHT LINKS EXPRESS PTE LTD 51 P»njoßi Rood, 3rd Level, Freight Links Express Logisticentre, Singapore *****3 Tel: *****511 Fax: *****577 E-mail: Besin@singnet.coni.sg SOUTH AMERICA SANTOS BUENO AIRES VESSEL NORSUL IPANEMA V.034S RIO DE JANEIRO VITORIA ETA SIN: 23/08/02 RIO GRANDE ITAJAI FORTALEZA VAPARAISO Booking 6267# 5565/4694/5535/5580/5541/5508/5569/5579/556Q/5563/5514/5553 PRQjKT WymiNT Ik HIAYYMFT
      842 words
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      1074 30 m_ PDZ LINES I "fc «*APO«i: TOMG XX) S»f«6 pTu» wizlw/w lag 2iu o*/w cm usi H/ot cm ?m ot/oi <— an n/w 17/ v aswe n/71 n/w iguoo 2wi n/w guwi n*o u/p> Gtu>T ~f?7or afotts to IS —mT asuWG Wl> |'VW Iciswh nyy n/w awog no is/m am
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      154 30 a wmmm BREAKBULK CONVENTIONAL SERVICE DIRECT SERVICE FROM S'PORE TO KARACHI Ivpsa I YOTMSt tuawctfoti ramuoa 7I3HW M/M/0? VUW/Vl S> I I tut* 3)/im/07 11/W/W M*c SEA-PAC MANAGEMENT PTE. LTD. 70 Anson Rood *17-07/08 /lf\ Apw Two#, Singapore *****5 T»l«phon>: 6270 0977 II FocumiU: 6275 2309 Talwc tS ***** SEAPAC
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  • Page 31 Miscellaneous
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      123 31 LEGEND: Issued by Meteorological"" Services Division, NEA K Thunderstorm A Showers Rain emperature Wind direction and speed in knots Cloudy Day Wea,her U x Hazy Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds j 1 Sl 9hl 1 2m -j—UDne half
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