The Business Times, 16 September 2002
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2002-09-16
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The Business Times
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Title Section16 2002-09-16 1 THE BUSINESS TIMES MITA (P) 010/03/2002 I internet. nttp://business-times.asial com.sg SINGAPORE MONDAY, SEPTEMBER 16, 2002 85c16 words
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Article67 2002-09-16 1 STOCK HABKET INDICES Week Change STI 1,432.1)0 -10.58 SLMSO FITIRE_ 176.40 -190 KLSE COMP ***** -6.80 NIKKEI *****3 +***** HANG SENG 9,660.97 -69.89 SET INDEX 357.15 3.60 JAKARTA (X)MP_421.09 MANILA 1,155.49 +3418 TAIPEI WPI 4580.17 +120.80 SEOULCOMP 718.17 +9.44 SHENZHEN B 234.87 -137 AUST ALL ORD-3,***** +3750 DOW67 words
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Article69 2002-09-16 1 FOREX RATES list ss I'SS (S$ per ISS) 1.765 £(L'S$/S$ per S) 1.560 1752 EURO(l'S&/S$/E). 0.982 1.732 YEN 119.9 67.90 RM 3.800 1154 HKS 7.800 4.420 BAHT 4172 2411 RUPIAH 8550 5,072 PBME BATES SINGAPORE* 5.25 KUALA LUMPIR 6.40 HONG KONG 5.125 JAKARTA 39.00 TAIPEI 6.625 TOKYO 1375 SEOUL69 words
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Article, Illustration656 2002-09-16 1 David Boey - Bat change of mindset will take time, he says By, David Boey [SINGAPORE] Deputy Prime Minister Lee Hsien Loong yesterday welcomed the recommendation that the government regulate commercial activity with a lighter hand, but said it may take time for the new mindset656 words
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506 2002-09-16 1 Chuang Peck Ming - d on the economy exports But little sign exports will go downhill from here By\ Chuang Peck Ming ioirxuAruKn,j Airer a strong snowing in July, Singapore's non-oil domestic exports are likely to have dipped in August from the previous month, according506 words
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679 2002-09-16 1 Diana Oon Abdullah - They are hopeful despite hints there will be no surprises From Diana Oon Abdullah in Kuala Lumpur THE Malaysian government will announce its 2003 Budget this Friday, with companies and tax consultants hopeful of a cut in the current corporate679 words
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Page 1 Advertisements
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Advertisement99 2002-09-16 1 PfSTOE BIzlT Kenneth James: EDS is pumped up about services in Asia-Pacific. BImIT Pg 1 Lee Han Shih: Promoting patents needs more push. BImIT Pg 3 Jennifer Lien: Intel showcases new technology at developers' forum. BImIT Pg a Top Stories Global Crossing closer to emerging from bankruptcy. Next Page China99 words
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Advertisement46 2002-09-16 1 Investors' Choice 2002 What is good corporate governance and how should it be pursued? BT examines the question in a special pullout section that ties in with this year's Investors' Choice awards given hy the Securities Investors Association (Singapore). Get your copy, free with today's BT.46 words
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Advertisement32 2002-09-16 1 ■Hcsin Who will take Pinetree Club? Next Page Steer clear of KL stocks with Enron-like accounts EDDIE TOH Page 7 Is Asean regaining its clout? YANG RAZALI KASSIM Next Page I a32 words
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Article1086 2002-09-16 2 Yang Razali Kassim - A flurry of closer tie-ups with regional powers hint of a comeback that puts Asean at the centre of an East Asian entitv Yang Razali Kassim m Bandar Sen Begawan FOR a regional grouping that's been flayed in recent years for its diminishing clout, Asean1,086 words
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Article, Illustration629 2002-09-16 2 Ven Sreenivasan - BID FOR FIHETREB CLUB Peter Kwee said to have pat in most aggressive bid By Ven Sreenivasan [SINGAPORE] The battle for the Pinetree Club property is expected to be a four-cor-nered fight between motoring tycoon Peter Kwee, entertainment group Eng Wah, property developer Simon629 words
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358 2002-09-16 2 It's doe to file a reorganisation plan with a US court today AP [WASHINGTON] Global Crossing Ltd, the giant submarine communications network operator in which Singapore Technologies Telemedia is buying into, is a step closer to emerging from Chapter 11 bankruptcy protection. TheAP - 358 words
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Page 2 Advertisements
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Advertisement32 2002-09-16 2 ZENITH SWISS WATCH MANUFACTURE SINCE 1 8 G r > ll'W I Class m% -t^ fcPJ v>■ ,•> r <u- I V V^- vi,t; A,f 6 A* fev i# v in-: J^.V* i > 132 words
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SINGAPORE companies
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Article, Illustration718 2002-09-16 3 Loh Hui Yin - 30% redaction in trading of products likfl naphtha gas oil till outlook is clearer: MD By Loh Hui Yin RATHER than take risky bets as the prospect of a Gulf war looms, China Aviation Oil (CAO) has adopted a conservative approach and cutFILE PHOTO - 718 words
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920 2002-09-16 3 paul chan - Soros —a clear and present influence HOCKfWy^ paul chan Ten years ago today, George Soros placed the biggest ever hedge fund bet in history a staggering US$lO billion against the Bank of England and won. It is a feat that has enduring effects. CHobal financial architecture; More than anyone else,920 words
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278 2002-09-16 3 Bloomberg [MUMBAI] Asian Paints (India) Ltd, which is currently making an offer for Singapore's Berger International Ltd as well as buying paint makers in Egypt, may also make acquisitions in India as it seeks to win a larger share of the industrialBloomberg - 278 words
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577 2002-09-16 3 David Boey - Merrill displaced; Asian houses do better this year By] David Boey MERRILL Lynch has lost its top place to ÜBS Warburg in a poU of more than 100 institutional investors conducted by The Asset Benchmark Research to find Asia-Pacif-ic's best stockbroking houses. Merrill577 words
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Page 3 Advertisements
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Advertisement94 2002-09-16 3 Fov ov\ly $2? c\ wonfU QO°O n -fe- Talktime \rX °o A Talktime OuOO O w,th Q o m y Pay only a flat rate of $28* for In one neat little handset, unlimited one-to-one you have a two-way radio communication (Direct Connect) and a mobile phone Grid not only94 words
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Advertisement206 2002-09-16 3 K&SI Buy ,1 (g SeH It. C.A.T.S. Find It. I nt 11 >duc ing T h'ii C«>ui t' v Sic huan Monthly *<'(iab iikl \c( utive S»m Mentis s|) >{ i t »(K prepared In Master Chef Ho. Sit huan Spec ials Our daily spec i.lis iiK hide Su|x*rior Shark's206 words
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Advertisement6 2002-09-16 3 Spanish Mandarin French Vietnamese Japanese Others6 words
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SINGAPORE markets
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Article, Illustration307 2002-09-16 4 OTHER SINGAPORE INDICES Sep 13 VALUE CLOSE ■TOMS -725.00 -111.00 ■TCAn -*****.00 -112.00 BTIMayMft -*****.00 -73.00 w Wr<dBw 377.92 -2.76 MCplnBrt 108.60 -1.96 1274.23 +4.21 370.81 -6.91 WOThjipiri 177.44 -0.63 SMSCI Fatam 176.40 -1.60 Stock* Voiunx Cfuraye 2.5c 170.881.000 Unfcs Island 10c 117.029.000 IAM50C *****.000 NewWave 5c 62.061.000 ST Assembly307 words
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Article, Illustration267 2002-09-16 4 Ven Sreenivasan - HOT STOCK/ WARRANT By Ven Sreenivasan THE stock of contract manufacturer Norelco Centreline has barely attracted any interest despite unveiling a strong set of interim results. Last week, the company announced that its first-half earnings to June 30 was up a strong267 words
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Article, Illustration816 2002-09-16 4 r. sivanithy - ll comment STOCKS r. sivanithy IT'S a well-known fact that stock markets rarely ever trade at their theoretical "fair" values. For that matter, individual stocks also often don't sell for what the number-crunchers say they should. How many times for instance, have investors been816 words
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691 2002-09-16 4 AFP [HONG KONG] War fears over Iraq and the Sept 11 anniversary subdued Asian currencies last week, with the yen losing out to the US doUar in nervous trading. Japanese yen: The yen lost ground against the US doUar early last weekAFP - 691 words
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Article152 2002-09-16 4 ♦AURIC Pacific Group will go ex-dividend (interim dividend of 2.00 cents net of tax) on Oct 4. Last day for buying-in on a cum basis is Oct 9. Date payable is Oct 25. ♦KIM EngOng Asia Holdings will go ex-dividend (first and final dividend of 2.00 cents) on152 words
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Article3027 2002-09-16 4 UNIT TRUSTS FUNDS com Global Travel Index Ed 068& Com S pore Bond Fund/* 1.05V AMI Amro Asset Mgt (5'pore) Credit Agricatc Asset Mgt Spore Ltd Star Europe Eqty!* 0.611/ Indocam Asia Vision!" 0-81M3.857 Star Europe Bd 1.067/ Star Europe Bal 0.82/ DCS Asset Mat Star Asian Tiger Eqty 0.704/3,027 words
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SINGAPORE news
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563 2002-09-16 5 Siow Li Sen - They're dissatisfied with lack of frank communication with bosses: survey By 1 Siow Li Sen HIGHLY-VALUED employees in top Asian companies say there is little mutual trust in their organisations, a survey has found. Several recent reports have pointed to disconnection563 words
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Article, Illustration93 2002-09-16 5 r?^,L¥ in ter h Chok Tong ff at the Raffles Club s hate Course yesterday to mark its official re-launch after a two-year renovation costing 113 million. The work, by course designers Nehon and HauxZth to%!!!?t eXtenS Ji Vere ping °l alllts 1DESMOND POO/ST - 93 words
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414 2002-09-16 5 Crowds were slightly thinner at some showflats this weekend, but developers managed to chalk up decent sales. At Park Green, the latest executive condominium (EC) project in the market, 32 units were sold raising the take-up so far to 150 units out414 words
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Article933 2002-09-16 5 COMMODITY Weeklyßourudwp AFP [LONDON] Oil and gold prices had a volatile time last week dominated by concerns about the threat of terrorist attacks on the first anniversary of the Sept 11 atrocities and the prospect of a war on Iraq. Base metal prices managed toAFP - 933 words
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Article, Illustration680 2002-09-16 5 FINANCE COMMODITIES Week ended: Sep 13 SDfQAPORE QOYERKlUiWi SiamilUTlES PfDICATIYE PRICES AMP YIELDS TifTwua —MMarttj Co* VTM 011m TwCuw IMwWi TIM 1 offer 7YR 3.000 OI-Nov-02 N*****0Z 1.30* 0.9t% 100.21 100.26 7 YR 4.375 15-0ct-05 N*****0A 1.84% 1.81% 107.55 107 65 SYR 4.125 01-Frt-03 N*****0T 1.12* 0.99% 101.12 101.17 5-YR680 words
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MAIL bag
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Article, Illustration494 2002-09-16 6 Francis Zhan - Francis Zhan President Association of Management Corporations In Singapore Singapore I REFER to the letter "Management agents have limited powers" by Wong Yew Heng, chief operating officer, Colliers International Asset Management (Mailbag, Sept 12). I would like to thank Mr Wong for his timely reminderFILE PHOTO - 494 words
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265 2002-09-16 6 Leong Sze Hian Singapore - Leong Sze Hian Singapore I REFER to the letter "Don't borrow beyond what is comfortable" (BT, Sept 5). Using financial ratios in financial planning may sometimes not be very appropriate. Relying on debtservicing and debt-asset ratios in the determination of one's financial and lifestyle265 words
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742 2002-09-16 6 Yeoh Oon Jin - Yeoh Oon Jin Head of Professional Standards Group PricewaterhouseCoopers AS a public accounting firm in Singapore, we would like to offer our views on the topic of audit rotation, in response to the article "Rotating auditors provides great benefits for industries" by Sebastian742 words
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203 2002-09-16 6 Bryan Goh - Bryan Goh Portfolio Manager Arab Bank pic London via Internet WHILE corporate bond yield spreads over risk free rates have recently widened to historically high levels (for some credits at least), actual corporate yields continue to fall. In fact, they are fast falling to the203 words
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Page 6 Advertisements
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Advertisement45 2002-09-16 6 SKI IN H EAVE N Fancy celebrating X'mas in Finland? Find out the cheapest, hottest travel packages at the Natas fair. T x ►In Lire: tomorrow A ii in mmH Insurance designed for a Wide Spectrum of Businesses ill MV- MSB SrM If WEBM H45 words
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Advertisement95 2002-09-16 6 Fax your letters to 6319-*****r emaM them to btiattm or write to The Business Times, SPH HQ, 1000 ToaPmyoh North, Podium Level 3, Singapore3lB994. We need your tut nrnne,addr*aa and telephone number for verification. Please use temperate language, and bear in mind Kbel laws. Weressrvs the right to edit and95 words
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REGIONAL news
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431 2002-09-16 7 Shoeb Kagda - From Shoeb Kagda in Jakarta DEEP in the mountains ol West Java, Morgen Sutantc is bottling what he considers to be the purest natural mineral water in the world. The water, he claims, has been lying in an aquifer 80 metres431 words
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621 2002-09-16 7 KUALA LUMPUR Acquiring Time's cellular assets will help it maintain market domination AFP MALAYSIA'S number one mobile phone company Maxis Communications Bhd has embarked on a strategic plan to acquire cellular assets of Time dot Com Bhd which experts say is crucial for MaxisAFP - 621 words
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Article, Illustration687 2002-09-16 7 eddie toh - l I comment KL STOCKS But accounting standards are generally higher now and there are good buys among well-ran firm* eddie toh HAS the spectre of the Enron accounting scandal in the United States reached Malaysian shores? Last week, investors were spooked687 words
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Article1382 2002-09-16 7 SIOOM fUTUKES Sep U WMOI Mm CM| prion) KSIOcWhAtf dost VoiMM OpM u> $ttt dot) lotorart 156.00 Wv« B6.00 Dec 02 156.00 JmfttK 03 157.50 RSS3(Vm*iA|) VoiMM Omm M tt 25 U» Sftt (toWW) toOTOOt J*t02 *25 90.00 MJ0 200 1300 A2$ M50 HS0 275 1750 DtC 02 90251,382 words
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Page 8 Advertisements
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Advertisement91 2002-09-16 8 In Asia, trade flows freely. Ever wondered why? I Free trade is one of the driving forces behind Asia's Our unique understanding of Asia means we can speed Which is probably why a recent independent study massive growth. And the company with three red lines up customs clearance, simplify trade91 words
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Page 9 Advertisements
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Advertisement94 2002-09-16 9 II In Asia, trade flows freely. Ever wondered why? Hique understanding of Asia means we can speed Which is probably why a recent independent study keep trade flowing between one business and another, Btoms clearance, simplify trade regulations, shows DHL is entrusted with more consignments in Asia across the region94 words
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REGION world
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Article, Illustration656 2002-09-16 10 Anthony Rowley - Policymakers ne&ring consensus on need for fresh capital injections From Anthony Rowley in Tokyo WITH international calls for Japan to fix its banking system rising, senior policymakers are moving towards a consensus on the need to inject fresh public capital into banks656 words
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Article, Illustration1163 2002-09-16 10 yang razali kassim - ASEAN China comes bearing gifts, with Japan in hot pursuit yang razali kassim THE 64 million dollar question had to come out. It finally did last week at a press conference to cap a meeting between Asean economic ministers and their counterpart from China.1,163 words
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224 2002-09-16 10 BANDAR SERI BEGAWAN AFP A "landmark meeting" between economic ministers of Asean and India yesterday agreed to the long-term goal of establishing a regional free-trade area. The ministers also decided to set up a task force to draw up a draft framework agreementAFP - 224 words
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Article880 2002-09-16 10 nwn<Mio(MMMtmryMoekislBlawadbyaRHM29bralMre.TlMirrKomm»od^ow|iwplKidaiialiBlpBfci>iiLrtiw>d>wri9tdli>prodMct«www RECOMMENDATION FORECAST COMPANY NAME THBWKK LAST WEEK EPSMPEW*. > **"va Limited 5Sa &9 340 24 ArtdyahjaTartwatoalaB LM Undawartwm Undwpartorm 0.30 52.5 AdroO hmowBow Undawartwm Undaroartomi -310 Advanced SyrtwwAuton—on HoW HoW AEM-fVartachHoMnoaUd ftiy Buy 030 450 AlgwanPropaitMUd Big Buy 1047 10 8 AmtefcEnginaartngUd Jfciy fey 20.10 5.4 ASA880 words
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Article411 2002-09-16 10 Week ended: Sep 13 asaa q —'1 i ft* C«c 0M 4XM0 A.U* MMIk 0J» IM 4M s s i? s ass. a as aft?-- a 0MOr» UJ4 12.100 *4J» 9A9BC IU w>»» M sshr* s ss fr* a S£ S S jg 0030 S «MM» ds?a ,Bt ss411 words
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Article424 2002-09-16 10 BONDS WARRANTS to? JWC— Um TZ t f »«—t— U» AST1 ******, AonaUd*04,,,6 ,3 1 SO 6S2 IS AmWWOSOt.Q .715 ,056 T5 33 Amwrong ******0 1 1 10 ,44 4« S tar6»SA*****, 10k 104 20 Bar 63*JM9010, 10k •o««sW,0,5 as 1 50 80 00 l" BouOMd W0406Q2 o w w424 words
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CHINA focus
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Article, Illustration947 2002-09-16 11 David Boey - Streets lined with gold —and potholes Three S'pore firms tell David Boey the complexities of tapping the China market David Boey TO ignore China's business potential is folly, as are the unrealistic expectations of its commercial prospects. With the world's biggest population packed into a vast territory, its potential isAFP/AP/REUTERS FILE PHOTOS - 947 words
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Article, Illustration1183 2002-09-16 11 Conrad Raj - Shanghai —the hot, hot city on the planet Everybody wants a piece of the action in the vibrant city as China opens up, says Conrad R^| Conrad Raj SHANGHAI is probably the most mentioned Asian city these days, especially in the context of a China that appears to have beenAP REUTERS FILE PHOTOS - 1,183 words
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WORLD news
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594 2002-09-16 12 NEW YORK Companies seen slapping lawsuits on execs involved in suspected fraud AP THE lawsuit by Tyco International Ltd, seeking US$73O million back from former top officers accused of theft, may be just the start of a nationwide corporate crackdown onAP - 594 words
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287 2002-09-16 12 DENVER They are to testify in accounting gimmicks probe Bloomberg QWEST Communications International Inc's accounting is becoming a bigger part of a congressional probe into rival Global Crossing as three officials from the companies were subpoenaed. Global Crossing chairman Gary Winnick and Jim Gorton, formerBloomberg - 287 words
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212 2002-09-16 12 LONDON Bloomberg, Reuters PREMIER Oil pic, a UK-based oil and gas producer, plans to spend £400 million (Ssl.l billion) to buy back the stakes of two of its major shareholders, Petroliam Nasional Bhd of Malaysia and Amerada Hess Corp of the US, the SundayBloomberg,; Reuters - 212 words
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312 2002-09-16 12 NEW YORK NYT LUCENT Technologies, the US' largest maker of communications equipment, warned last Friday that it would continue to eliminate jobs as sales plunge, an indication of worsening problems in the telecommunications industry. A Lucent spokeswoman declined toNYT - 312 words
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WORLD Watch
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Article, Illustration117 2002-09-16 12 Reuters [LONDON] British Prime Minister Tony Blair's promised dossier on Iraq is to reveal that Saddam Hussein trained some of Osama bin Laden's key lieutenants, The Sunday Telegraph reported. The dossier is also expected to disclose that the Iraqi leader has reconstructed three plantsReuters; AP - 117 words
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124 2002-09-16 12 AFP [DUBAI] Saudi Arabia's Foreign Minister Saud al-Faisal said yesterday that Riyadh would cooperate in a US-led attack on Iraq if the United Nations Security Council gives the green light. The Saudis have said in the past they would not allow their territoryAFP - 124 words
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Article95 2002-09-16 12 AFP [TOKYO] Japan's financial watchdog plans to allow banks to sell shares so as to lower barriers between banks and brokerages and attract more retail investors, a newspaper said yesterday. The Financial Services Agency would ease restrictions on securities sales by banks and allowAFP - 95 words
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68 2002-09-16 12 Xinhua News Agency [NEW DELHI] The Bhabha Atomic Research Centre (BARC) in Bombay has developed a new supercomputer for much faster solutions to computation problems in a range of fields including scientific research and simulation of nuclear explosions. The computer division of BARC has developed theXinhua News Agency - 68 words
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92 2002-09-16 12 Reuters [FRANKFURT] The T-Systems technology consultancy unit of German telecoms giant Deutsche Telekom plans to cut between 4,300 and 6,500 of its global workforce, a German newspaper said yesterday. Company sources were quoted as saying the job cuts would mostly fall in Germany. Separately,Reuters - 92 words
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Article, Illustration525 2002-09-16 13 WASHINGTON Collectively, the group is worth USsB72b, down USs74b from a year ago AFP THE recent stock market slump has made America's rich leaner, but they still can afford to drive around in Rolls-Royces and dine on caviar and champagne, according to a survey made publicAFP; AP - 525 words
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Page 12 Advertisements
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Advertisement371 2002-09-16 12 rccreltseB P h.com.Bg NOTICE TO CREDITORS Of FIKST MEETING IN THE MATTER Of THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF SEMITRON SCIENCE A TECHNOLOGIES PTE LTD (IN LIQUIDATION) COMPANIES WINDING UP NO. *****7 Of 2002 Notice is hereby given thot the first meeting of creditors of tie371 words
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Advertisement290 2002-09-16 12 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF CS NETWORKS COMPUTER (SINGAPORE) PTE. LTD. (IN MEMBERS'VOLUNTARY LIQUIDATION) NOTICE OF MEMBERS VOLUNTARY LIQUIDATION Notice is hereby given that at an Extraordinary General Meeting of Members of the abovenamed company held on 11 September 2002 it290 words
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Advertisement359 2002-09-16 12 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF FADtWOODSINGAPORE PTE LIMITED (PROVISIONAL LIQUIDATORS APPOINTED) STATUTORY DECLARATION BY DIRECTOR OF COMPANY'S INABILITY TO CONTINUE BUSINESS BY REASON OF ITS LIABILITIES Name of Company: FAKWOOD SINGAPORE PTE LIMITED Company N0.:*****2945Z The Registrar of Companies A Businesses.359 words
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Advertisement395 2002-09-16 12 IN THi MATTER OF TMf COMPANIES ACT, CHAPTER 50 AND IN THi MATTER Of ANNGATE INVESTMENT PTE LTD (MEMBERS' VOLUNTARY WINDING UP) At an Exfcoordmary General Meeting of the obovenomed Company held ol Suite 201, EfsSoltwou Court, 365 St Andrew's Street. Unauol 3505, Cyprus on 10 September 2002 Ae following395 words
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Advertisement404 2002-09-16 12 FORM 69(3) NOTICE Of INTENDED DIVIDEND Name of Company Exploration PNG (Singapore) Pte Ltd (In Irqmdtitmn) Address of Registered Office c/o The Liquidator's Office Number of Matter Companies Winding Up No 368 of 2000 Lost doy for receiving Proofs 17th October 2002 Nome of Liquidator Mr. Don M Ho, CPA404 words
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Advertisement411 2002-09-16 12 IN TMf MATTE* Of THE COMPANIES ACT. CAP 50 AND IN TMf MATTE! Of ABUS CRANES (ASIA PACIFIC) PTE. ITD. (In Members Voiureary Uqwdqeon) tCori Rudolf vow Stein. Ihe undersigned, duly authorised representot.ve of ASUS KronsyVeme GMBH which is beneficially ereded to the whole of Ae rssued sham capeolof ASUS411 words
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Advertisement272 2002-09-16 12 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF FAIRWOOD SINGAPORE PTE LOOTED (PROVISIONAL LIQUIDATORS APPOINTED) NOTICE OF MFFTINT. OF CREDITORS NOTICE LS HKRKHY GIVEN (ha pursuant to Section 296 of the Companies Act. Cap 50. thai a MEETING OF CREDITORS of the Company will272 words
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Article4256 2002-09-16 13 Week ended: Sep 13 for live prices, log on to ururwjasiaonemarketsjDom J5*. fc«» Mr firTM M MCap WV+f "F rm ¥3t w u» mmm utm cm rm >3 M5 ABNAmroMLG S6c 9 Q w Mi Sj 1 IS ,1 U a7 ,J ,C7 u 1 t« IS ««i4,256 words
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Article325 2002-09-16 13 lif «Mk LMOmM GrOto Mo CrTW Nat MCa i— c— u* iw u» m» or m J US n AVJcrvangi A25C A 90.5 unct) 168 91 88 88 5 905 40 M 11 53 19U Cathay Pac 20c MIL 720 265 2.1 7.4 6 H3SU OmngKongSOc MK1780 240325 words
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Page 13 Miscellaneous
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Miscellaneous202 2002-09-16 13 CRYPTIC CROSSWORD 29 Nanntes mates want Aussie' cooking-pots (7) 7 Pay no attention to deduction film (5) 30 Tear around perpetually yet (8) be respectful (8) 12 Aim to wind up (3) YESTERDAY'S SOLUTION 31 Indirect way to enter a confer- 15 Hound Soaakst comoder (3 Across: 1 Unsound, 5202 words
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FOCUS photonics
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Article, Illustration1320 2002-09-16 14 Eugene Low - Photonics —the next big thing in S'pore EDB expects industry's value-added to top $lb in 3-5 years, reports Low Eugene Low PHOTONICS the science of generating, manipulating and utilising light might seem an esoteric subject, but the Economic Development Board (EDB) is confident of it becoming the next big thingFILE PHOTO - 1,320 words
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Article, Illustration891 2002-09-16 14 The Economic Development Board's assistant managing director, Chua TaikHim, talks to The Business Times about the past, present andfuture of Singapore's nascent photonics industry Challenges and opportunities Q: What Is the history of Singapore's photonics industry? A: It started out as the optics industry.891 words
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Page 14 Advertisements
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BIZIT
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Article, Illustration1014 2002-09-16 15 KENNETH JAMES - -^exclusive With rapid regional growth, the IT services giant is beefing up its Singapore ops and eyeing apps development here and in Malaysia, chairman Dick Brown tells kenmeth jambs KENNETH JAMES WITHOUT fenfare, IT services major Electronic Data Systems (EDS) has builtCHRIS LOH - 1,014 words
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Article, Illustration734 2002-09-16 16 Paul Chan - Despite being one of the stronger performers until September last year, the computer services company's stock has lost almost half its value this year By Paul Chan US-BASED Electronic Data Systems Corp (EDS), the world's second largest computer services company after IBM Corp, hasSource: Bloomberg - 734 words
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193 2002-09-16 16 ABOUT 35 technology startups will present their business propositions to a group of venture investors at the three-day Tech Venture Asia 2002 from Sept 25. The startups are from Singapore, France, Israel, South Korea, China, Taiwan, India, Britain, and the US and193 words
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108 2002-09-16 16 Reuters [NEW YORK] Research company Morningstar, a well-known source of mutual funds information, said on Friday it found that performance data on its website for many stock and bond funds was incorrect because of a computer glitch. Figures posted on the Morningstar.com website showedReuters - 108 words
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Article, Illustration653 2002-09-16 16 Jennifer Lien - Available only to US customers now, there are plans to roll ont Snapstream in Europe and Asia From, Jennifer Lien in Silicon Valley YOU'RE a road warrior, constantly on the move, spending nights in hotel rooms in strange lands. Your notebook computer653 words
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Article, Illustration1122 2002-09-16 17 lee han shih - 11 i comment INFOTECH Since banks balfc at such financing, perhaps the gover™"*"* should step in lee han shih The writer is a BT Senior Correspondent. IN the last one year, Singapore has done a lot to promote the growth of intellectual property (IP). But1,122 words
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Article, Illustration344 2002-09-16 17 Leo Kee Chye - By Leo Kee Chye COMPUTER equipment vendors including Acer, Fujitsu, and Toshiba will begin selling Tablet PCs running on Microsoft's Win XP Tablet PC Edition in Q4 this year. Singapore will be among the first few countries where the new344 words
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245 2002-09-16 17 Leo Kee Chye - By. Leo Kee Chye IBM Singapore is investing $40 million in the IBM Open Computing Centre which will develop and deliver solutions based on the Linux operating system to local firms. The centre will have two physical nodes: one, at the Nanyang Polytechnic, called245 words
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Article, Illustration680 2002-09-16 18 patrick sim - Enterprises can tnrn to the'lntelligent Internet'to generate productivity and boost profits patrick sim The writer is managing director, Nortel Networks Singapore DESPITE the universal reach of the World Wide Web with 544.2 million users globally and still counting nobody's making much money from the Net680 words
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195 2002-09-16 18 Arthur Poon - Byi Arthur Poon SUN Microsystems, Cyberoi\ix Inc and Cap Gemini Ernst Young have teamed up to launch eGasStation, an IT solution to help retail petroleum and convenience stores integrate their existing IT systems to improve revenues and operational efficiencies. "In the Asia-Pacific, there are195 words
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IT TAKES
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Article67 2002-09-16 18 NYSE-LISTED Honeywell Inc last week set up the Honeywell Electronic Materials Star Centre, with an initial $1 million investment, in Singapore. The company said it will invest another $8 million over the next five years in the centre. The 5,000 sq ft centre complements Honeywell's 6,00067 words
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Article58 2002-09-16 18 UK-BASED ExeL, which provides supply rhain solutions, last week opened its Innovation Centre for the retail sector at its Asia-Pacific HQ in Singapore. "The centre is our first in the Asia-Pacific," Paul Graham, Exel's managing director for its supply chain solutions group for the Asia-Pacific, said. "Exel58 words
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73 2002-09-16 18 SINGAPORE-BASED ECnet Ltd has tied up with Taiwan-based eßizprise Inc and CA Enterprise Management System Inc (CAEMS) to form the Asia Supply Chain Alliance. "We aim to deliver innovative and collaborative supply chain solutions and services for key industries in Asia," ECnet said. "We will73 words
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Article113 2002-09-16 18 SINGAPORE'S Crimson Logic last week opened its new North American regional office in Toronto. "CrimsonLogic (North America) Inc plans to partner with companies located throughout North America to provide leading-edge IT solutions and services," the company's CEO V Mathivanan, said. CrimsonLogic is also tying up with lata113 words
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Article48 2002-09-16 18 MAINBOARD-LISTED Digiland International Ltd has been appointed by US-based Emerson Network Power as its master distributor for its micro UPS (uninterruptible power system) for Singapore. Digiland will distribute Emerson's range ofLiebert UPS—below 3 kVA—including offline, line-interactive and true online topology for the Singapore market48 words
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65 2002-09-16 18 BORLAND Software Corp said it will offer its technology for wireless applications in a tie-up with Singapore's Java Wireless Competency Centre (JWCC). JWCC is located at Singapore's Institute for Communications Research (ICR) and is a joint initiative between the IDA, Sun Microsystems and the ICR65 words
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Article69 2002-09-16 18 SINGAPORE-BASED HPL Hotels Resorts hag joined the Utell network "to take advantage of UteU's reservations management and distribution technology", Utell said. UK-based Utell is a subsidiary of Pegasus Solutions Inc and offers reservation services, distribution channels, revenue and yield management tools, training services and account69 words
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Article62 2002-09-16 18 SESAMI Inc, which operates Asia's e-hub, Sesami.net, said its president Poh Mui Hoon has been appointed to the 2003 Executive Council of the Open Network for Commerce Exchange (ONCE) previously known as the Global Trading Web Association of which Sesami is a charter member. The council62 words
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Article36 2002-09-16 18 PEOPLESOFT Inc has appointed Ruth Connolly as vice-president of marketing for the Asia-Pacific and Japan, based in Singapore. Ms Connolly was previously SAP's senior vice-president (marketing) and managing director of SAP's India operations.36 words
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Article31 2002-09-16 18 A SEMINAR entitled "Who's lurking in your network?" will be held on Friday at the Mandarin Hotel. It is organised by Teledata. For details, e-mail info@teledata.comsg.31 words
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Article32 2002-09-16 18 Tech security conference The "INSTO technology and security conference 2002" will be held on Sept 25 at the Ritz-Carlton Millenia. It is organised by INSTO and BMC Software. For details, e-mail aanderson@tnsto.com.au.32 words
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Article36 2002-09-16 18 Raju Chellam - Compiled by Raju Chellam A SEMINAR on "Developing and sustaining relationships with your customers" will be held (m Sept 26 at the DBS Auditorium. It is organised by WorldPay. For details, e-mail vindy.kaur@asiapac. worldpay.com.36 words
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Article, Illustration1207 2002-09-16 19 Melanie Wells - The online auctioner wants to become a mass marketer without losing its folksy flea-market feel. It won't be easy to do By\ Melanie Wells THIS was a meetinxof the faithful 5,000 vendors, who on eßay peddle such disparate items ad 270 hp Yamaha jetboats, Louis XVI domed-canopy1,207 words
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225 2002-09-16 19 Bloomberg [SANTA CLARA, California] Network Associates Inc (NAI), a maker of antivirus software, said McAfee.com Corp holders tendered 10.4 million shares, valuing the purchase of McAfee.com shares it didn't own at US$lB3 million. NAI, which has a 96 per cent stake in McAfee.com, would haveBloomberg - 225 words
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640 2002-09-16 20 Ian Hopper - It is considering a solution and whether to repair older software By] Ian Hopper AP WASHINGTON] Microsoft's flagship word processor has a security flaw that could allow the theft of computer files by "bugging" a document with a hidden code, the companyAP - 640 words
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431 2002-09-16 20 John Markoff - By, John Markoff NYT [PALO ALTO] Researchers at HewlettPackard laboratories have developed a new manufacturing process capable of producing molecular-scale circuits vastly denser than today's most advanced semiconductor chips. The discovery offers the hope of assembling billions or even trillions of molecularsized switches inNYT - 431 words
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Article, Illustration530 2002-09-16 20 Laucas van Grinsven - Phone makers can gain from growing replacement market By] Laucas van Grinsven Reuters [AMSTERDAM] Consumers who do not yet have a mobile phone can benefit this Christmas from a range of ultra-low prices, but investors are wondering what a priceReuters; AFP FILE PHOTO - 530 words
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Article178 2002-09-16 20 Reuters [NEW YORK] America Online CEO Jon Miller last week thinned out top management ranks to take direct control of key units, in his first big move since being named head of the troubled Internet giant. Mr Miller, who was hired last month, will nowReuters - 178 words
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182 2002-09-16 20 AW [BANDAR SERI BEGAWAN] Internet use is taking root in governments, schools and with the public in South-east Asia despite obstacles like poor infrastructure and the need for more training, the head of the e-Asean Task Force said. From depressed Laos, MyAW - 182 words
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Article, Illustration1116 2002-09-16 21 ROBYN MEREDITH - The country is training a skilled labour force to supplement its factory workers. And MNCs such as Motorola are snapping up the brainy labour at attractive prices, bohm Meredith reports ROBYN MEREDITH MOTOROLA opened its first factory in China a decade ago, staffingREUTERS - 1,116 words
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Article143 2002-09-16 21 Lum Cheok Wai - ■rr-nß| I B I I Lum Cheok Wai IT manager Advantest Asia Pte Ltd, Singapore. THIS refers to the commentary "Broadband needs to be liberalised next" by Tang Weng Fai (BizlT, Sept 9). I totally agree with the views expressed in the article. I was delighted because the143 words
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144 2002-09-16 21 Bloomberg [NEW YORK] Sun Microsystems' CEO Scott McNealy said he's committed to increasing Sun's profitability, a goal that may include further steps to restructure the company. "We've got to get this company to a higher level of profitabUity and we are goingBloomberg - 144 words
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Page 15 Advertisements
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Advertisement193 2002-09-16 15 ■I tl^^^H W.tri a D?ntrast ratio of 800:1 sharpness and 4,100 ANSI lumens super-brightness, you certainly have a model that tops the LCD projector range in its category today. Sanyo's breakthrough XGA and Digital Realised Interpolation Technology (DRIT) has revolutionised the way large-screen presents lions are made with the brightest193 words
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Advertisement48 2002-09-16 15 TOP STORIES EDS struggles to regai investor confidence P*2 D-day for eßay P*s Stats to link suppliers in global supply chain PgB Intel showcases new technology at developer forum PgB COMMENTARIES LeeßanShlh: Promoting patents needs more push Pg3 Patrick Sim: Intelligent Internet: a smarter way of networking P*448 words
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Page 16 Advertisements
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Advertisement308 2002-09-16 16 When 31%* of Computer Crashes Are The Result uf Power Problems, Is VburPC Protected? MM P«wor prohlo— aweol m APC ■m power pr—clka**,. Your PC needs a consistent source APC Bacfc-UPS*: of electricity to operate property, AioiuHß—my FREE auto shutdown software something that power companies Beck I* Far Cm+m saves308 words
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Advertisement106 2002-09-16 16 Business Park Space I or Immediate Occupation jM&J Since 19 ~5, our worldwide staff of I over 275 multi-disciplined professionals m t t W including lasers chartered accountants G 4 chartered secretaries and bankers have f A Ml provided confidential and cost effective ail corp Pany formation in all the106 words
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Advertisement35 2002-09-16 16 Lianhe Zaobao I Where is I I PSC I I headed I I q/ter__ I I selling I I «stake I I "HK 9| I tycoon; I UswL*3£ s I I /K 'Ml f H35 words
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Advertisement1161 2002-09-16 17 4Building 1/a/ue^—®^SSBHHBSSBm Successful Partnership Singapore Brought to you by the Infocomm Development Authority of Singapore (IDA) *****?! Learning From Wooden Blocks To The Internet Infocomm Local Industry Upgrading Programme (iLIUP) the Crucible that Empowers Knowledge Creation in Singapore m has worked together»dei™ innovate then becomes a envisage and deliver them1,161 words
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Page 18 Advertisements
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Advertisement347 2002-09-16 18 I^MHS 'i&M'i&iAVassal DELL"' I Entry Level Workgroup Server DEL y poweredge™ eoosc server Optimum Investment Protection DELL™ POWEREDGE™ 600SC SERVER The Dell™ Power Edge™ 600SC server offers outstanding Intel® Pentium® 4 Processor I.BGHz performance at an affordable price with the right balance of Minitower server features and processing power in347 words
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Page 19 Advertisements
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Advertisement58 2002-09-16 19 I »rbes we have hers in mind. As a knowledge-based company, we focus in innovations in technology that enrich her life. From communications, power, medical to automation and transportation. Because her future is our future. i" *v- r~ T %ri' «*'•»fvr V" < v£ r »*v£c fV '♦"v 'y ,v58 words
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Page 20 Advertisements
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Advertisement208 2002-09-16 20 Where to wine, dine and entertain... aga® www.diners-conLsg pf'r Weekends and holidays ore for headtog down to Coleman's for lUnch where our buffet spread of over 50 dishes, endless flow of bailey, tea or coffee awafls you. Make your reservations at (66) 6416 1132. Cotaman's WMtond/tofate HoMay tone* BuTW 12noon>o208 words
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Advertisement86 2002-09-16 20 Special Lunch Menu €> $5.80 Nett Per Item With FREE Choice of One CoffeeWSoft Drinks or Chin Chow Black Pepper Chicken with bteam Rice Claypot\iksa Seafood Spaghetti Ju*®sls.oo sett each 4f?^ lti*4 For enquiries, call us at 6430 4119 218 Queen Street. Singapore *****7 Tel: 6332 2222 Fax: 6334 953386 words
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Advertisement125 2002-09-16 20 Bring home a box of mooncakes tor friends or relatives from Hua Yuen Chinese Restaurant. Lotus Seed Paste (Double Egg Yolk) $28.50 Lotus Seed Paste (Single Egg Yolk) $26.50 Lotus Seed Paste (Plain) $25.00 Set menus from $398 to $598 are available for tables of ten for lunch and dinner.125 words
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Advertisement31 2002-09-16 20 Advertise in I 1 M Wine, Dine A EnMMWn I Butin«ss Times I I I 0 Contact Patrick Ang 6 6319 1284 I 1 or Amy Choo 6319 1559 now. I31 words
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Advertisement94 2002-09-16 20 c !\il/ee 12-23 September 2002 Presenting popular Guest Chef Liot Jean Jacques owner of restaurant "Les Dominicaines" from Loire Vallee, France. Make a date with him and savour his tantalising creations today! 1 Reservations: 6831 6258/88 ifi I Mtvukirut m Sataaponr J > 333 Orchard Road, Singapore *****7. I "TViSTS"94 words
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Page 21 Advertisements
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Advertisement86 2002-09-16 21 I rbi J;!i >1 i.tl with the Fortune 100™ Other lß 4<>/ 0 Unix/NT Microsoft SQL Server 8% Combination Oracle vendors 15% 51% IBM DB2 on the mainframe 19% More than half of the Fortune 100 run Oracle as their primary database. Source: The FectPoint Group. April 2002 a Fortune86 words
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NET works
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Article, Illustration862 2002-09-16 22 RACHEL ONG - The manufacturing operations of Stats' customers are seamlessly linked to myStats, forming a virtual extension, its CIO Ng Tiong Gee tells b Antral, oho RACHEL ONG SINGAPORE Technologies' Stats (ST Assembly Test Services Ltd), which assembles and tests microchips, is planning toARTHUR LEE - 862 words
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546 2002-09-16 22 Jennifer Lien - Updates also provided on products like Madison, and the new notebook chip Banias From Jennifer Lien in Silicon Valley THE key to the convergence of computing and communications is continued innovation around silicon. That's the view from Intel president Paul Otellini. "We're entering546 words
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ON THE SHELF
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Article, Illustration47 2002-09-16 22 SONY Singapore has launched what it claims is the world's first 2 megapixel camcorder. Called theDCR-IP22OE.it costs $3,089, weighs 520 ersmn nflforc o i megapixel resolution, lOx optical zoom, Bluetooth connectivity, and comes with a 2.5-inch touchscreen LCD display. For details, fax *****218.47 words
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Article44 2002-09-16 22 IOMEGA Corp has debuted its new external CD-RW drive. The Predator 40x12x40 USB 2 costs $359, comes with a free USB 2 PCMCIA card, and "can record a 60 minute CD in three minutes", Iomega said. For details, visit www.iomega.com.sg.44 words
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Article, Illustration48 2002-09-16 22 SINGAPORE-BASED Systems Technology Pte Ltd has unveiled Ranger PortaßlN, a storage and viewing device to complement digital cameras. It costs $899, weighs 300 grams, stores up to 40 GB of image files, and comes with 1.8-inch colour TFT LCD display. For details, fax *****688.48 words
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Article47 2002-09-16 22 US-BASED Real Networks Inc has unveiled its Helix Universal Server. The software delivers live and on-demand media content via the Internet and supports "more than 55 media types", the company said. Prices for the enterprise edition start at U554,199. For details, fax *****369.47 words
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40 2002-09-16 22 MAXTOR Corp has unveiled two 160 GB DiamondMax drives. The DiamondMax 16 costs $439 and the DiamondMax Plus costs $529. Both are the industry's highest density hard disk drives, Maxtor said. For details, fax *****991.40 words
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Article37 2002-09-16 22 UK-BASED Clearswift Corp ha« unveiled its ImageManager software solution. This lets companies identify and block inappropriate embedded in e-mails and attachments, Clearswift said. A licence for 1,000 users costs $8,819. For details, fax *****000.37 words
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Article, Illustration146 2002-09-16 22 Leo Kee Chye - OeepOedky Leo Kee Chye CANON Marketing Singapore has introduced two inkjet photo printers and two flatbed scanners. The details: SS3OD: This printer costs $599, offers 2,400 by 1,200 dpi (dots per inch) print resolution, prints 12 ppm (pages nar minntoi in Klo/»lr and 6 ppm146 words
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Page 22 Advertisements
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Advertisement81 2002-09-16 22 server a percent the top software you data our Once our to you I overwhelming support. www.sun.com.sg Call 1800 FONE SUN (3663 786) for more information. SUN MICROSYSTEMS PTE LTD l Magazine Road, #07-01/13, Central Mall, Singapore *****7. Tel: (65) 6438 1888, Fax: (65) 6438 7646. ©2002 Sun Microsystems, Inc.81 words
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Page 23 Advertisements
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Advertisement191 2002-09-16 23 ''U^Ol^lMUkfi'O^ 1 I I J* M -Lift'■ BBfffiM JBr f§: <P^ s 'EE^^Sw^^P|^ i I m to Awarded i The Most Transparent Company It wasn't by chance Courts won the 2000, 2001 and J a 2002 awards (commerce category) for transparency. J f"1 |IJ| 1 1 J As a listed191 words
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INVESTORS'CHOICE 2002
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Article, Illustration1462 2002-09-16 24 A new white paper from Economist Intelligence Unit reveals concern among executives that hasty requlation and overly strict internal procedures may impair their ability to run businesses effectively NEARLY a year after the Enron revelations first surfaced, corporate governance dominates the political and business agenda.AFP - 1,462 words
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536 2002-09-16 24 1 SCHEDULE regular meetings of the non-executive board members from which you and the other executives are excluded. Non-execu-tives are there to exercise "constructive dissatisfaction" with the management team. They need to discuss collectively and frankly their views about the performance of536 words
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Article, Illustration1570 2002-09-16 26 SEBASTIAN CHONG - Common sense rather than copycat will be a better guide in taking Singapore to the next level in corporate governance, argues sebastiam chomc SEBASTIAN CHONG CORPORATE governance, transparency, quarterly reporting, stock options, independent directors, audit committees, auditor rotation, oversight board. Sortie after sortie of these termsPHOTO COURTESY MS - 1,570 words
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Article, Illustration691 2002-09-16 28 DAVID BOEY - When it comes to disclosure, it's substance over form for Temasek-linked companies, says david boey DAVID BOEY TEMASEK Holdings does not issue any golden rules on corporate disclosure to its vast stable of listed companies, but Temasek-linked companies still shine in this year's census on corporateFILE PHOTO - 691 words
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Article, Illustration1244 2002-09-16 29 We reproduce here the speech by J Y Pillay, chairman of the Singapore Exchange and the Council on Corporate Disclosure and Governance, given at SIAS third Investors' Choice Awards 2002. The award ceremony and dinner were held last Friday at the Orchard Hotel. THE Securities Investors Association (Singapore)ARTHUR LEE - 1,244 words
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Page 25 Advertisements
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Advertisement411 2002-09-16 25 4 ~"J" I JUS. SECURITIES INVESTORS ASSOCIATION STORE) I Securities Investors Association (Singapore) H Congratulates Winners Of Its Investors' Choice Award 2002 B -^1 jM a n I A Proudly sponsored by: I Ifl Endorsed by: U SID I• OHU TheßusinessTimes I I NUS BUSINESS SCHOOL He EXCHANGE a fljft411 words
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Page 26 Advertisements
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Advertisement137 2002-09-16 26 PHOTO COURTESY D 6 Make the most of it with DBS wealth management. We all have dreams. At DBS, we're here to help yours become reality. For all the important things in life a new home, your children's education or retirement you need to plan ahead. The earlier you start,137 words
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Page 27 Advertisements
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Advertisement227 2002-09-16 27 2002 (New Issues) in^^H f llJilJtA A -tt to**** fetJbef H th%' huilw and hut of CAQ «Mk knsntflM pipeline* and storage fecfttaifcfjl CAOVeail Spun, fa jtrfy 2002, CAP «iiiilj W iliß |,v v,%**« shareholder of CAO is Chine of operation but also improve its profits. SAP agreement to acquire227 words
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Page 28 Advertisements
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Advertisement31 2002-09-16 28 I FROM LOCAL EXCELLENCE TO I GLOBAL EXCELLENCE 65 Üb. Avenue 1 OSIM Headquarters Singapore *****9 Tel (65) 6747 6866 or visit our website www.osim.biz osim I 337 OSIM OUTLETS WORLDWIDE31 words
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Page 29 Advertisements
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Advertisement162 2002-09-16 29 Serenity, nestled in the heart of the city jilj 'WWF* a^^<m ~'~^^B L c v^ j £SS|PIGI Time is of essence to you. So is comfort. i The Ascott Group of serviced residences offer you the best of both. heart°crf 20° the hearf o/things!" 61 SerV Ce Wlth a cholce162 words
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Page 30 Advertisements
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Advertisement108 2002-09-16 30 ST Engg congratulates the Securities Investors Association (Singapore) on its Third Anniversary I Singapore Technologies Engineering is a global and engineering group, customers and partners. Our people have the burning desire to succeed to k L Jfr- $j give our partners exactly the result they want, whatever the challenge. It's108 words
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SHIPPING TIMES
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Article285 2002-09-16 31 Contributed by Simpson Spence Young THE dry bulk sector has remained active. ffnnnailn fj> v esoois som ior rortner trtong miaAnon Mindanao River 2: 160,993 tdw bit 84 Mitsubishi reported sold to clients of Oceanbulk Greece, no further details as yet. Golden Bridge: 69,057 tdw bit 95 ImabariContributed by Simpson Spence & Young - 285 words
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Article249 2002-09-16 31 too a *h hi CWT DtotrKwtton 0.74 inch 0 Oman Hup 0.4S unch 902 Cosco Invastmant —0.17 unch 578 FrttahtUnks 0X14 unch i 130 GBHoMfrns 0.63 -0.03 j 24 Jpya 0.24 -0.01 946 Kapp«IC«rp 4.50 -0.06 1409 UffK Marin* 0.15 unch 120 KappalTata 0.94 -0.02 17 Laoroy Marina249 words
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Article, Illustration509 2002-09-16 31 Beth Jinks - Deal transforms Japanese line into serions terminal operations player By Beth Jinks [SINGAPORE] Nippon Yusen Kaisha (NYK Line) has come to the rescue of troubled Ceres Terminals in a takeover deal which transforms Japan's third biggest container line into a seriousFILE PHOTO - 509 words
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Article, Illustration375 2002-09-16 31 Burning Vietnamese cargo ship in Malacca Strait no threat to passing ships AFP, Reuters [SINGAPORE] There have been two major shipping casualties over the last week. Malaysian firefighters are tackling a blaze on a Vietnamese container ship in the Malacca Strait, whileAFP,; Reuters; REUTERS - 375 words
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PORT Shots
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92 2002-09-16 31 AFP [DHAKA] Bangladesh has put on sale an Indian cargo ship seized in 1999 for carrying imported rice that was rotten, state media said. Traders have been floated to sell the Biswa Kumudi, which was impounded after it arrived at the southwestern port of MonglaAFP - 92 words
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Article55 2002-09-16 31 Reuters [LONDON] Forth Ports pic, Britain's third largest ports operator, posted a 5 per cent rise in first-half pre-tax profits. The median of analysts' fhll-year forecasts for pre-tax profit before exceptional Is £41 million (*****.7 million), which represents a 4£ per cent rise onReuters - 55 words
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Article, Illustration272 2002-09-16 31 Liberian-registored ship has traces of radioactivity AFP [WASHINGTON] US military units with "unique capabilities" were called in by the FBI to investigate the Li-berian-registered container ship off New Jersey in which traces of radioactivity were reported to be found, a Pentagon spokesmanAFP; REUTERS - 272 words
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373 2002-09-16 31 State-ran firm is eyeing a piece of the lucrative NTs2lom contract AP [TAIPEI] Taiwan's ailing state-run shipbuilder is constructing a submarine hull to prove it can compete with foreign companies for a piece of a lucrative deal to build eight diesel-electric subs forAP - 373 words
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Article179 2002-09-16 32 PAOC Foong Sun 5 Appelant S Inks 10 Awmt 10 0"»rtr<M 4 rtM,Ms S #«u* 10 BSA 6 ttorydw 10 BSC 10 HMp 4 BTL K) HMfcrrS* S CMACSM 3 Hw< A 3 COSCO 3 HubLne Cifltr* Ei 4 NUAl 10 Ckahaya 10 HywW 4 CMUSKpq s179 words
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Article, Illustration735 2002-09-16 32 David Hughes - LIMES SCENE -By David Hughes AS with life in general, shipping is Ml of irony. It seems to me what is happening in liner shipping is particularly ironic. Over the past 30 years, shippers' interests have been gradually chipping away at the conference system.FILE PHOTO - 735 words
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Article14506 2002-09-16 36 thebusinesstimes EXPORT Iih m V0V T ETA ETA Adwrt.sar Vnxt Voyagt TMphon* .SSLJJj?.",.. N n Mjm ttonlm Number SIN Dast'n Nam* Nana Numbw Numtwr it/09 K/V Hyundai MM APL CORAL BOW 11 mmil To ABIDJAN (ABJ) 2003 Cot# 0*lvoirt 24/09 wb mol apl coral iom 45 *****404 23/0914,506 words
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SHIPS IN PORT
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Article597 2002-09-16 41 v«—< Voy Wo Bfth Arrival Departure JURONG PORT BALACACSTRAI 86 J4/5 A/SIDE 16/09 230( BUDIJASA10 BJ1043 J12 A/SIDE 16/09 010C HERMES 58 J5 A/SIDE 16/09 060C KORAUA ***** J23 A/SIDE 16/09 0715 MANDAR ARROW 37 J15/16 A/SIDE 16/09 100C BAYSWATER118 E2223 J3 16/09 1700 16/09 2359 BTINDAHJAYA *****597 words
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Article1829 2002-09-16 41 CONTAINERS TERMINAL AND VFWI V«Ml (tat ta M BirtMwf U» Mr* a Mnkr W B3i I i wwm«gl 1 aCMOBB IMP *awbq» 07w OWH i i—onm-oKa wotrT <** i iwaqomwoo waocmino WH MMM fOMBPUtt HHMOBHMP aom ogm i tMwaaowii IMMUMMO *—< w«w <H<M 1 1MMOOOMMO HCWBQMWQ 18 i1,829 words
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Article166 2002-09-16 41 Sap 20 Korea: Harvest Day. Bap 21 Korea: Harvest Day. Taiwan: Mid-Autumn Festival. Sap 22 Hong Kong: Mid-Autumn Fest val. Korea: Harvest Day. Bap 23 Japan: Autumnal Equinox Day. Oct 1 China: National Day. Hong Kong: National Day. Oct 2 China: 2 Day of Nat Day. Oot 3166 words
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Article776 2002-09-16 41 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description at the market. Prices shown are based on averagesiaed stem. Market movements are indicated. The Cockett Bunker Price Index change and the776 words
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Article315 2002-09-16 41 S*f 5 Mar MII J*. 1 IM 0.11 59 0.04 »"T Wtf H* *ow E25 0 0 3 1 0 0 «WH 380 AM WJ 0.2 5.6 0.06 28 0.02 MW3 KM «iM MM J2 mm *M 18 *1 0.00 82 0.06 =E ZJHz %UM >i*MUS315 words
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AIR & LAND transport
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Article, Illustration290 2002-09-16 42 Pull-year data expected to show record volume of cargo handled Bloomberg [HONG KONG] Hong Kong International Airport said it handled 24 per cent more cargo in August from the same month last year, bolstered by rising exports, and 1.8 per cent more passengers.Bloomberg; AFP - 290 words
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Article, Illustration412 2002-09-16 42 Discount carrier to fly from Cairns to Japan from Oct 27 AP [SYDNEY] Australian Airlines, a no-frills international carrier owned by Qantas, was officially launched yesterday to service Japanese and other Asian routes once determined as too unprofitable for its parent. With bookingsAP; FILE PHOTO - 412 words
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LOG Book
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119 2002-09-16 42 Bloomberg [LONDON] Easy Jet chairman Stelios Haji-loannou plans to step down on Nov 26 to focus on new ventures as the airline completes the takeover of Go Fly Ltd to become the biggest no-frills carrier in Europe. "My intention is to remainBloomberg - 119 words
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105 2002-09-16 42 AP [LONDON] Passenger traffic through major British airports rose 2.3 per cent in August compared to the same month last year, led by strong increases in domestic and European charter traffic, airport operator BAA pic said. North Atlantic traffic, still showing the effectsAP - 105 words
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280 2002-09-16 42 But it has hurdles to dear before it can start flying the five-nation route AFP [MAJURO] State-owned Air Nauru says it wants to re-es-tablish a five-nation service and shrug off the label of being one of the Pacific's least reliable carriers.AFP - 280 words
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230 2002-09-16 42 Reuters [MONTREAL] Air Canada and its flight attendants' union have reached a tentative deal aimed at allowing the airline's planned discount subsidiary. Zip Air Inc, to operate with lower costs, the two sides said. Air Canada, the country's dominant carrier, and theReuters - 230 words
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Article1663 2002-09-16 42 WW Ctt n*m n» io»s m« 1*779 230s **73»1 1840 unu 2215 LK77I 1555 ****** 2305 OF* B40 0T02 228 W«™ 1555 S***** 2305 Iwllilw SO 35 0655 ***** 2225 S***** 1555 1*9763 2350 6**75 1025 SO 36 3345 M7306 1005 1*97*6 2350 KU37 BIO 8W WW MM MO mmh1,663 words
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Page 31 Advertisements
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Advertisement26 2002-09-16 31 Shipping looks set for more consolidation II Page 2 Qantas' HT| Australian Airlines launched O' gfS 3 Back page HK airport's cargo up 24% Back page26 words
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Advertisement657 2002-09-16 32 I TO USA/CANAOaZU I EXPORT I I "*r SL. II l??l"?iy I""""!"—!""""*]! II TOOOTMtMiiiuwiwuimmain SST£| 55 SS S K Kg 5 r-""" 1 ""I- 1 ■I ™I OOQHM MHO 01/10 102/10 I l|/10 22/10 2VIO 2VIO 21/10 21/10 Vlala A u) a 22/00 3*oo Ot/10 00/10 11/11 I El maaiaa657 words
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Advertisement510 2002-09-16 32 Ijtw MTvicas rapruontod by togirtryof Mwnbariof \yKjjp Accredited Shipping Aganb, Sin 9 a P of Logiilia Singapore Shipping Awoacfaw B, W Asiockrton COWVWDOUAI CARGO ran ■MK/BMraH/JMum I mmkx WY ETAPKL ETA SIN ETA MALE Ea*n»U* Ml IMI M SM Hy nzh WM ivm Off E3H BEnGB SEZRB HWIHmiWII fee (D47MI510 words
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Advertisement874 2002-09-16 33 TO EUROPE FROM EUROPE votIsm wo aio hao mv sou uh llvcsa Iwr n m wi r« ni In S~| API MS I0W 19/09 09/10 11/10 07/10 API Wit 112 B/N 30/00 24/W |jm, MasoumoN ooow 20/w m/io 00/10 11/10 u/10 mxumma *****7/01 29/00 11/0001/w17/w NTMGNCSS 339W 23/W 11/10 13/10874 words
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Advertisement1135 2002-09-16 33 Page 3 STJ™ UMTS COSIU MMB SMIHD I&OMSttIM HULI7JSMI7O MWWI/BI 47J1517J/73 I S ass. s sss... s a as: rr s™-- L 1.l *"5..: w cosfownanAM/tt* nm Tim nm M/M jo/w <m/ki wtSwh/iiw i?* mm nm CUYWH/037* 73/04 OS/18 01/10 14/10 11/11 IVIO IW» 14* I\m CHW6OOttW/03E 7V94 30/W- I1,135 words
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Advertisement510 2002-09-16 33 msa Ma OIT( HOWMOWG 212 M H/» H/> 72/9 75/9 V/ 9 Tl/9 1/10 AO VKXfT m/| jl/9 2Vt V/ 9 gEiW6 V* K/9_ li/9 T9/9 Z/10 VIO 5/10 1/10 AQMAIGUOtUE 009N n/9 2/10 4/10" um:ulsaii T?i»|)/)o|yio|yio |yip f/io|n/io|i2/io|iyio||aq ulac 044n yio fTio iITiF WLIITIBffIBIHISIt VBSa WT SHI K6 USA510 words
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Advertisement879 2002-09-16 34 HMhW= HYUNDAI MERCHANT MARINE CO., LTD. gjO. H0»7H0000H pa ww m sou m tm aw mm\ m I AW MS** 1 1MW li/M W/ M/ mmn V/m V/m n/ M/9« I4/9V ltfw lt/#f 17/19 99/11 11/19 M0(ADVAtfTAfif 010( 30/OS Si/it ft/At V/M ■ascumoH ootw it/tt 11/10 n/i$ 04/10 01/10 maun879 words
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Advertisement570 2002-09-16 34 II WAN HAI UNiS (S) FT! LTD I WlWAN HAI LINES I 1 www.wHM.cta.if mints* II I Is5ni I E I ?is £5 Ess; s S8S H B 85 j Fg J» S I Isss 5 r is jjg It" BIS 85 r r 2 Z K M SS 5S«570 words
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Advertisement492 2002-09-16 34 r-i a ocytßtiioef ID, lUUZ -lII® acflUSa* 1 I WEEKLY EXPRESS SAMJHG SCHEDUIf Q1 ImO ACCEPTING TO All NORTHERN AMD WESTERN ICO PONHI msa Iwr| ai 7ju«|cou)—o|b,s«vh |coumko~ Iwbmb wski® ~4»" ~7»~ ~iTw~ jpurawtt tnm7ln® omr on iisep ~"a® _j I —mew eg u® use n® "IT® a® qa mtmm492 words
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Advertisement1247 2002-09-16 35 VfSSB VOY KHH HKO I SIN I PtCl I DXI fTS! ToSlM UK IMN HOIMOZ6AN PCl-276 11/09 12/09 16/09 It/09 25/09 26/09 01/10 IRAN TEHRAN PCL- 277 17/09 18/09 21/09 22/09 29/09 30/09 04/ 0 S M.V UNOAVU PCI-278 24/09 23/09 28/09 29/09 06/10 07/10 11/10 U/ !S IRAN KERMAN1,247 words
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Advertisement486 2002-09-16 35 iHinH I; UK CONTINENT SERVICE 10 1| Loacfcngtor I PANDORA P RDM/ATW/BMN/UK/NAN I ARETE RDM/ATW/BMN/UK/NAN I U»ds E7W. Matayaa. >ndone«a MIDDLE-EAST SERVICE Loading for FAT MA ANA ADN/JDH/AQA/TRP EXPLORER S DBI/ABU/DOH/BRN/DMM/KWT HANDY DRAGON DBI/ABU/DOH/BRN/DMM/KWT ENTERPRISE DBI/ABU/DOH/BRN/DMM/KWT •Loads Singapore. EVW Mataysa. Indonesa USA SERVICE Loacfcng tor MED INTEGRITY CAM/NFK/SAWNOL SURYA KRIPA486 words
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Advertisement626 2002-09-16 35 &3= ?®L— «a SM JQ #SSh==Jffli=: 1 ifaF as —}?s--:Samii JS» fSs- aTIR s," -siif=M— jSlj.; lij tii sjn I —m y« r«u msa vor sa r* IWI lITwZ 11/w LCOII MU4t !!<£ <TK»IMA JM7 M/M 77/ M [_jnjO*jM* W3 74/ M ~sm —81 Ml ilfl vtssa vor sm sit626 words
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Advertisement119 2002-09-16 36 I KYO WA LI N E w *T fc Nw ITtt IWi Kmmmm Md-i Aj-tM C2OOE 21/09 04/10 OMIT 15/10 17/10 18/10 Aj Noof C 2006 21/09 03/10 0971T 10/10 A 1 N9O» ,£2QQL SM I24ZIiL JIM! "277KT 297T0~ 30/10 Noiron C2OIE" 28/09 15/10 24/10 25/10 27/10 29/10 30/10 Najron119 words
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Advertisement149 2002-09-16 36 CWT GLOBEUNK PTE LTD J OWN omen im TEL:€22SI 833 (3€ LIMES) FAX:*****742 M SYDNtY-MtLBOUnNt-PfMAMO-rOtT KILANG RASIR GUDANG KUCHING BANGKOK KARACHI BOMBAY HtW DELHI COLOMBO MO CHI MINH CITY HAIPHONG HANOI BB6MCN HAMBURG TIANJIN QINGDAO iHAMQHA! XIAMfN rUZHOU-OALIAN XIAN BtUlttG SHI HA /HUANG CWT GLOBEUNK pfsmnts World-Wide Connection SERVICING 110149 words
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Advertisement33 2002-09-16 36 O WINSTAR SHIPPING PTE LTD J1LM*****2 RUL*****007 Gl NO. M*****0000C ft MfapWHUr ISdhp WmUjlMm. VM.M) 0 J<rM| rwl Lm4m| *f Cmlmw Pari Dw to Omt FQ/lfl/ TiwAipiiiiiiiFftCiiiiiiinit. Cn iif il(li OmnDw PROJECT CARGO33 words
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Advertisement227 2002-09-16 36 BSA^ MYANMA PH FIVE STAR UNE '"cnstsr' Vtssa vor SM m rn POI CMH SMWI HAW S4W SIB PAGAN V3O6W SU) M MALAYSIA: OOUSTIAD SHIffMC AGfNCKS KUL 03-*****300 HL 03-317*4101 PEN: 04-2****** BANK LINE (A mm .1 Wrir Ship,*,) I NOtTHiOUNP TO EUKOPE V COMMA, RORO, MJIK ft HUVYUFTS M227 words
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Advertisement51 2002-09-16 39 IxnUSM^PBAMUM KALIMANTAN 1 DIKICT WIIKLY SIKVKI TO 1 Hum/numjm/vwM 1 1 *n «t ini 1 ifSSS. —J^#=S===SEi "<■«■ TT/jl lyll H7B H7H SURAMTA/PANJANC Vmhl VM m pm TTS I dkiU —mr-Sfi m H7I —I I KRAWANC/PfKAN BAKU ig M IJS.I is, lIT l"^! I mum unwAwi/ptwAiw I iSS i g51 words
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Advertisement51 2002-09-16 39 DAILY BAII INOfl I I* 3 1 I** I naPGinav war cta«ni cwril ??jj? pßpSfflfi I litSSl > 1""" I l /^tg lt l II AGENTS ®OCJ ICOC) SHirriNG MARINE SERVICES PTE LTD. I_ .Tr^"* 50 FA*; Hsrta 11MMOOOOO- w SELAMAT FEEDER SDN BHD TIL:«|07) mam (hunting umb FAX: at51 words
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Advertisement74 2002-09-16 39 suras loumKM lIStfT COUMIIO, OKMUI, TUTI HStrt SHUJJUt, DUIAI, DAIUUM MSin MMMY, UNDU, DOHA 27 sm TUtGOM, OTTMONG WNdMy fulfill i l«r>iwt»riliiiii. fcj m PHOENIX SHIPPING PTY) LTD 11 MONTM.V BREAKBUUt SERVICE TO SOUTHERN AFTVCA AND INDIAN OCCAM ISLANDS VESSEL NAME VOY VOM fll —IN PHOENXI I 10/02 16/10/02 30/11/0274 words
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Advertisement78 2002-09-16 39 f^=| SERVWG ORBCTTO/FROM PONT SUEZ,'JTBUWDMU, ANDSVMA Saaaß [■■i»uuw)tobqvft| w—— n* wont 12/10/02 ca—— aw» cwmin a—l. "T UK (SINGAPORE) PTE LTD Ttt. tt*lM77 SMWI PECK SEAM STREET TU: R3 Z3IK KAWAKJ HERKAfiE COURT SSI6APORE >***** FAX: C2g?l» 7/> /1 rr* ftd \jOMmc for IMWaWMW NHANOUKVLLE notcALßoae mmnmtmmm hwomww AM) 06/10/300278 words
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Advertisement78 2002-09-16 39 -A ESP LINES ww warn ia sanoa to lacos VBSB SAUK FVBtT INUKSMT tQAMW fYHtT WED AT BTK MSTtFAM. cowvßiTiomL/wmmK sanoa f'i y» .aux* HX m-wr 30z*nm nmi mmm lamwiUMmwcwi STOB m tmJMI ML MHII«7 nns TH; SUSUI MI: SSV7II m nL msm hz mm* WEMLAH <W6APORE VETIAII ffljyjg vbses78 words
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Advertisement605 2002-09-16 40 ■pETSQLK n«ISWO 013 M 1711/09 24 26/09 0102/10 I TKartAll 014 M 20-21/09 27 21/01 0445/10 I n» WKE 01SN 74-25/09 OIWIO OIWII I IKB SMACK OIM 27 21/09 04*6/10 1112/10 I neaswj^^oiTHOMvj^^o^tyioiswiol VOT sw wiiff 054 wm wm oswio I TKBSWI 503 2*21/09 27 29/09 070R/10 I JtHWB 142605 words
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Advertisement707 2002-09-16 40 |VESSfI NAM *OT MVM PORT KHAI4C OVTTAGONG aiONGLA ra na ra rre m na M)olC< l <G **M 39 wa 2a/a9 r\m 2i/aa 24/04 ~T I «n«AII 02M177 SAT 71/04 73/04 23/99 27/99 01/10 irTia S7i» 91N126 SM 22/89 23/99 23/99 79/89 02/1 1 1 o< Nowoaa a7M47 tw 24/04707 words
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Advertisement62 2002-09-16 40 CONFER (S.E .A.) l&Zl SHIPPING PTE LTD TEL: *****868 FAX: *****245 DIRECT CONVENTIONAL SERVICE TO CHITTAGONG VESSEL SJN CTG EMERALD 15-16 SCPT 20-2S SEPT DIRECT FCULCUCOMVEMTIONAI MRVICCS TO«Irafen Sub-CMM Bonta? Kndi Cotantio Tmjihij Tutor CocOr fmttm HoQ»»» IMKiy Maiti Bantfcfc. Bui FCLICI ImteM T« AuMrata 9y<»wy Usttum Europe FaMowa MM62 words
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Advertisement893 2002-09-16 40 I /Z3z PDZ LINES asjj« j»j n/w |G<UAII j?4j_ jis7 ci/nlpggswg an «i«_ mL Gta jju M/w «Noa nu nm gum nu lam «KZ« —%z~ jj/ii_ cuoo n>7 77/00 law my 30/04 am iisi u/io Ixmsssras w I an" v/n 04/10 giswb tm iyoo |asooi 2274 MTiTauArmT ?i/io [ams »m893 words
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Page 41 Miscellaneous
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Miscellaneous131 2002-09-16 41 H& BE 25 V'' BBBQPHPBP^^BwP-' p» y^^H| I y *^^V-. CJK Thunderstorm A Showers /C\ Rain emperature c Wind direction and speed in knots Cloudy Day Wea,her W oo Hazy Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds l_J Sll 9131 words
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Advertisement151 2002-09-16 42 NOTICE TO TRADE SINGAPORE, PORT KLANG/MYANMAR V.V. SOC SHIPMENTS EMERGENCY BUNKER SURCHARGE The following feeder operators wish to inform the trade that, in view of the rising bunker prices, the current Emergency Bunker Surcharge (EBS) on all SOC shipments (empty and laden) from Singapore, Port Klang/Myanmar v.v. will be increased151 words
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