The Business Times, 26 July 2001
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2001-07-26
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The Business Times
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Title Section15 2001-07-26 1 THE BUSINESS TIMES MITA (P) 107/03/2001 Internet: r,ttp://business-times.asial .com.sg/ SINGAPORE THURSDAY, JULY 26, 2001 85C15 words
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Article75 2001-07-26 1 □sn U32£i(+1.66) BT-SBI 93AM (+3.11) ■st index nrroiES M36u00 (unch) □smsci futubes 19&30 (+0.20) STOCK MAMET INDICES Wednesday Change KLSE COMP 643.77 >7.18 NIKKEI 225 11,891.61 +838 HANG SENG dosed SET INDEX 308.10 -0.77 JAKARTA COMP 447.63 -10.29 MANILA COMP -3.01 TAIPEI WP1 4,***** +96.62 SEOUL COMP 626.0875 words
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Article81 2001-07-26 1 FOREX RATES us$ s* l«SS (SS per USS) 1*17 £(l"SS/SS per 1.421 1682 aTO(US$/SS/E) 0.873 1.587 DM 2539 1.232 YEN 124 J 68.40 RM 3.800 1091 HKS 7500 4J592 BAHT 45.75 25.17 RUPIAH 9.963 5.482 *SS to tOO units PRIME RATES SINGAPORE* 5.80 KIJALA LUMPUR 7.67 JAKARTA .39.00 BANGKOK81 words
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773 2001-07-26 1 Chuang Peck Ming - But MTI minister George Yeo promises more if things get worse Byt Chuang Peck Ming [SINGAPORE] The government yesterday unveiled a modest package of measures to cushion the blow of the economic slowdown, but with the promise of more to come if things get worse.773 words
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706 2001-07-26 1 ANNA TEO - COMMENTARY Far better for govt to keep costs low, and for companies to deal with downturns by themselves, says AMM TOO ANNA TEO IS a new danger lurking in the Singapore economy, one that isn't externally-induced? It would seem so. It has to do706 words
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557 2001-07-26 1 Shoeb Kagda - He's now np against Akbar Tandjung in third round of voting this morning From Shoeb Kagda in Jakarta MUSLIM leader Hamzah Haz was the front-runner in the race for Indonesia's vice-pres-idency after two rounds of voting that went late into the night yesterday.557 words
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Page 1 Advertisements
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Advertisement82 2001-07-26 1 nisPE People Merrill Lynch names Stanley O'Neal as new COO. Pg 18 Top Stories Stats posts Q2 losses of USs32m on weak sales, prices. Pg7 Mid-Con trial: Case of mistaken settlement, says defence. Pg 9 Centrepoint top bidder for Boon Lay condo site. Pg 10 Palm oil prices to climb82 words
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Advertisement133 2001-07-26 1 Editorial: A measured dose of relief, Pg 4; Reactions from companies, analysts, Pg 4; BO Yeo's statement, Pg 6; Markets unmoved, Pg 8 NTU economists see rebound in 2002, Next Page; Extension, expansion of port dues concessions not enough, Shipping Times The world fl must deal withj ;the Chinese (:lii|)'in<il;iug133 words
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Advertisement24 2001-07-26 1 JEw SINGAPORE: 02-36, 65/737 64 51. shops: The Centrepoint. Cortina shops: Lucky M Paragon Ngee Lucky Airport. Singapore port. more Tower < I i i24 words
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NEXT page
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Article, Illustration747 2001-07-26 2 Anna Teo - Buoyed by a projected global electronics turnaround, growth is expected to hit 6.5% By Anna Teo [SINGAPORE] After a projected one per cent contraction this year, the Singapore economy should buoyed by a projected global electronics turnaround rebound in 2002 to grow 6.5 per747 words
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Article, Illustration333 2001-07-26 2 Christopher Tan - By* Christopher Tan [SINGAPORE!] When the new Mini hit UK showrooms three Saturdays ago, dealers were bowled over by the response. A man turned up to trade in his Rolls-Royce for one. Another booked one to be put in storageARTHUR LEE - 333 words
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497 2001-07-26 2 Siow Li Sen - Investors say this makes them 'second-class shareholders' By\ Siow Li Sen [SINGAPORE] Central Provident Fund investors wanting to exercise their rights to attend shareholders' meetings may do so but only as observers and if the registrar or the company allows them. But so497 words
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ON THE grapevine
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Article116 2001-07-26 2 JACKIE Koh, Burson-Marsteller's managing director, has sent Grapevine a missive from Rotterdam, where she says she is not on DBS Group Holdings business. Grapevine had speculated on Tuesday that Ms Koh was a strong contender for the post of head of public affairs at DBS. "I'm116 words
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93 2001-07-26 2 AS part of an effort to promote good human resource practices, the Ministry of Manpower in April published a case study that highlighted the experiences of four companies which had successfully managed their excess manpower. Case No 4 relates to DBS' acquisition of93 words
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Page 2 Advertisements
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Advertisement72 2001-07-26 2 Gerald gen fa i -.-4 M-Pw* _p jpBPP^T SPORT SINGAPORE THE HOUR GLASS Takashimaya S.C. Tel 734 2420 Scotts S.C. Tel 235 7198 Lucky Plaza Tel 733 1262 Peninsula Plaza Tel 337 8309 Raffles Hotel Arcade Tel 334 3241 Millenia Walk Tel 339 4870 MALAYSIA THE HOUR GLASS Lot 1072 words
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Advertisement9 2001-07-26 2 Mail Bag: CPF Board clarifies voting-rights issue, Pg 109 words
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Page 3 Advertisements
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OFF-BUDGET measures
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522 2001-07-26 4 Teh Hooi Ling - Part of off-Budget measures to cushion impact of downturn By Teh Hooi Ling THE government will spend $40 million over the next year to train the jobless, as well as older and less-educated workers to help them stay employable. More will be allocated if522 words
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324 2001-07-26 4 David Boey - By] David Boey FOREIGN workers who arrive with skills not found here enable Singapore to "operate a much more complex and sophisticated economy, giving us jobs which we could not otherwise have", George Yeo, minister for trade and industry, told Parliament yesterday.324 words
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Article, Illustration665 2001-07-26 4 Vinoe Chong - Tax exemptions not extended to residential land under development By' Vinoe Chong RESIDENTIAL property developers felt left out yesterday, with the government's off-Budget property measures targeted more at helping businesses to cut costs than helping developers to sell more homes. Minister for Trade665 words
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Article705 2001-07-26 4 EDITORIAL NEITHER radical nor dramatic, the package of off-Budget measures announced yesterday by Trade and Industry Minister George Yeo looks to be a deliberate, measured response to the economic downturn that could be stepped up later if needed. In appraising the $2.2 billion package, it705 words
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Article, Illustration701 2001-07-26 4 Engene Low - Manufacturers feel more can be done; some expect 2nd package later By: Engene Low COMPANIES, chambers of commerce and analysts have described the government's $2 billion package of off-Bud-get measures as modest, and some expect a second package to be announced towardsFILE PHOTO - 701 words
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444 2001-07-26 4 Engene Low - By Engene Low SEVERAL MPs asked in Parliament yesterday whether the government has misjudged the severity of the economic downturn, and whether more measures should be added to the $2.2 billion off-Budget package. Wang Kai Yuen, MP for Bukit Timah GRC, said: "I444 words
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834 2001-07-26 5 Kalpana Rashiwala - YESTERDAY IN PARLIAMENT By. Kalpana Rashiwala TITLE searches will become easier, thanks to amendments to the Land Titles Act passed in Parliament yesterday which will eliminate all qualified land titles after a maximum of 10 years. And owners of land with restrictive covenants (RCs)834 words
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INBrief
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112 2001-07-26 5 FINANCE houses are already active lenders to small and medium-sized enterprises, and for the bigger houses, a significant chunk of their loans is extended to SMEs, Deputy Prime Minister Lee Hsien Loong said. Also, he said in reply to a call to allow finance112 words
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98 2001-07-26 5 BILL passed yesterday will see to the removal of the 14-day grace period for late renewal of road tax licence. A fine will be imposed immediately if a motorist fails to renew his licence upon expiry. The change came about because it is98 words
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Article58 2001-07-26 5 OPPOSITION Member JB Jeyaretnam has been removed as Non-Constituency Member of Parliament following his failure to win an appeal against the order of bankruptcy made against him on Jan 19, Speaker of the House Tan Soo Khoon announced yesterday. The appeal of the former leader58 words
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102 2001-07-26 5 AN "exceptionally high" number of people—3,32s— signed up to become teachers in 1999, thanks partly to the Asian financial crisis, Education Minister Teo Chee Hean said. Better pay also attracted more people to teaching in recent years, he said. The number started rising102 words
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Article, Illustration539 2001-07-26 5 Chuang Peck Ming - MTI looking at sending returned scholars to China to brush np knowledge By\ Chuang Peck Ming SINGAPORE is gearing up to boost its presence in China in a big way to tap the country's huge economic potential. The Ministry of Trade and Industry (MTI),539 words
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Article, Illustration3080 2001-07-26 6 We reproduce below the statement in Parliament yesterday by Minister for Trade and Industry George Yeo, announcing a package of off-Budget measures. GIVEN the open nature of our economy, it is difficult to stimulate the economy by generating domestic demand through government pump-priming. However, there are someFILE PHOTO - 3,080 words
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Page 5 Advertisements
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Advertisement137 2001-07-26 5 Diacla.ma' Whil« nut raatonabia cara baan taken .n piapanng th.» advamaamant tha da»alopa> end its aganu cannot ba held leeponaible tor an* maccu'eciee All natwiwnte ara believed to ba corract lUL J Kflijht and not to ba ragardad as statamants or raprasantations of facts illustrations and graphics in tha advartisamant137 words
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Page 6 Advertisements
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Advertisement252 2001-07-26 6 a If you are serious about changing your career or accelerating your current career path, then consider studying for an MBA at The Australian Graduate of Management. This year the AGSM Full-time MBA program was ranked by the highly respected London Financial Times, as the leading Full-time MBA program in252 words
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SINGAPORE companies
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Article, Illustration529 2001-07-26 7 David Boey - Its worst quarterly figures since listing, but shares are barely affected W David Boey MICROCHIP tester ST Assembly Test Services (Stats) said yesterday it racked up losses of US$32 million in its second quarter its worst quarterly performance since itsFILE PHOTO - 529 words
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115 2001-07-26 7 Reuters L&M Group Investments said yesterday a director's family ties with new Indonesian President Megawati Sukarnoputri may have contributed to its share price surge. The construction group, whose stock leapt more than 40 per cent in two days after Monday's presidential appointment, isReuters - 115 words
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436 2001-07-26 7 Siow Li Sen - 10% payout to shareholders will apply whichever offer OUE accepts By\ Siow Li Sen OVERSEAS Union Enterprise (OUE) is considering dishing out to its shareholders 10 per cent of the cash it will receive from a successful sale436 words
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Article440 2001-07-26 7 Siow Li Sen - Cash portion for OUB buy could be raised to $2.50, still far less than UOB's $4.02 By Siow Li Sen DBS Group is believed to be coming up soon with a count-er-offer for Overseas Union Bank (OUB), offering between $2.00 and $2.50 cash440 words
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555 2001-07-26 9 Serena Ng - MED-CON TRIAL Lawyer argues short-sellers not a ware trading was on "ready" basis By\ Serena Ng THE defence in the Mid-Con-tinent trial yesterday said investors and punters could have been caught unaware by the change in settlement basis for Mid-Con when it started trading. This,555 words
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369 2001-07-26 9 Andrea Tan - By Andrea Tan RAFFLES Holdings yesterday reported an interim net profit of $330 million, thanks largely to a gain of $339.8 million from its divestment of the Raffles City retail and hotel complex. Its first-half results will give a fillip to the earnings369 words
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342 2001-07-26 9 Teh Hooi Ling - By Teh Hooi Ling SINGAPORE Telecom's undersea cable subsidiary C2C has awarded a $22 million contract to Fujitsu to supply the "backhaul" portion of C2C's pan-Asian submarine cable network. Backhaul refers to transmission equipment to help increase capacity between the cable's landing station and342 words
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844 2001-07-26 9 anthony rowley - lock siew anthony rowley IT is sometimes a good idea to remember that a stockmarket index is just that an index or average of how share prices in a market are performing. Movements in an index do not represent the amount of money investors844 words
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Page 7 Advertisements
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Advertisement118 2001-07-26 7 www.mi.com.sg Everywhere under the sun. to the conference table. Can't catch everyone at their desks? No problem. Remind them of the coming meeting with Group SMS.* Just key In your message once, and you can send it to up to 30 people** at the same time. Easy, efficient. Now that's118 words
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SINGAPORE markets
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Article, Illustration188 2001-07-26 8 R Sivanithy - WARRANT WATCH By R Sivanithy UNTIL Singapore Telecom gets the green light from the Australian authorities to take over Cable and Wireless Optus, it looks like the latter's shares will remain stuck in a narrow range. The same can be said of the covered warrants on188 words
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Article, Illustration204 2001-07-26 8 Yen Sreenivasan - HOT STOCK By Yen Sreenivasan AFTER rising 18 cents on Tuesday, the stock of chip maker Chartered Semiconductor Manufacturing gained a further two cents to $4.34 yesterday. Some 2.6 million shares changed hands, about half the 10-day moving average of 5.3 million units. The recovery has204 words
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Article, Illustration602 2001-07-26 8 r. sivanithy - I-ll comment STOCKS r. sivanithy THOSE hoping the government's off-Budget measures would cast a few rays of sunshine over the rain-soaked stock market were disappointed yesterday, when the package of incentives that was unveiled contained no surprises. After Wall Street's slide on Tuesday, dealers whipped602 words
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Article, Illustration539 2001-07-26 8 larry wee - I-Jl comment CURRENCIES A breakout will mitigate the impact on Sings of any weakness in yen or rnpiah larry wee THE euro was challenging three key resistance areas by the close of Asian trading yesterday, and a breakthrough will at least limit SingaporeSource: Reuters - 539 words
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Article332 2001-07-26 8 Stock* Volume UniFood HK25c 57,866,000 TPVUSlc 11,492,000 FuYuMfglOc 7,814,000 Wizoffice 5c 7,180,000 Flextech 15c 6,484,000 People's Food HGK 50c 5,618,000 NOL 5,490,000 Keppel Corp 5,470,000 TianjinZhong 5,271,000 SingTel 15c 4,939,000 Stock* UniFOOd HK25C 32,340,295 UOB 29,420,430 Keppel Corp 19,752,936 OUB 15,868,930 VentureMfg25c 15,223,457 SPH 13,892,641 City Dev 50c 12,874,167 DBSGrp332 words
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Article2866 2001-07-26 8 UNIT TRUSTS FUNDS Aberdeen Asset Mgt Asia Ltd Aberdeen Select Portfolio: China Opportunities Fd 0.938 0.986 Global MNCFd 0.705 0.741 Global Technology Fd'** 0.563 0.592 UK Blue Chip Fd!** 0.716 0.753 American Opport Fd 0.806 0.847 ContEuroEqtyFd!** 0.985 1.035 Japan EqtyFd!** 1.135 1.193 Asian Fixed Income Fd 1.116 1.151 Pacific2,866 words
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Page 9 Advertisements
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Advertisement414 2001-07-26 9 generation business Get a Linux package and onjoy affordable plug-and-play solution with minimum setup tlma. Now the solution your office needs is even easier to set up The IBM <e> server xSeries 200, xSeries 220 and xSeries 230 Linux solution servers are now packaged with the Red Hat Operating System.414 words
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SINGAPORE news
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Article, Illustration266 2001-07-26 10 Grace Ng - By Grace Ng VISITOR arrivals in June were 0.1 per cent higher year on year at 609,358. And for the first six months of this year, they were 0.6 per cent higher than in the same period last year. Australia registered 12.1 per centSource: STB - 266 words
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Article, Illustration387 2001-07-26 10 Vince Chong - Bid at $193 psf per plot ratio beats expectations of $150-5190 By' Vince Chong CENTREPOINT Properties put in the highest bid of $106 million, or $193 psf per plot ratio, for an Urban Redevelopment Authority (URA) site at Boon Lay Way, nextSource: URA - 387 words
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157 2001-07-26 10 UOB, Sing Tel and Shell customers can now redeem their rewards faster with Swell, the rewards network. It offers customers the chance to transfer their reward points. To be eligible for the programme, the customer needs to be a participant of two of the157 words
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273 2001-07-26 10 Vince Chong - JOB CUTS Strategic measures, not east catting, says CEOGeodMow By By Vince Chong SINGAPORE-based broadcaster CNBC Asia has cut nine staff from a total 0f220 in the region. Chief executive Scott Goodfellow yesterday declined to identify273 words
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215 2001-07-26 10 Lynn Lee - By Lynn Lee GLOBAL investment bank Credit Suisse First Boston (CSFB) said it has become the newest shareholder and cofounder of online bond-trad-ing network BondslnAsia (B1A), whose existing partners include BNP Parlbas, Citigroup, Deutsche Bank and HSBC. BIA was formed last year to215 words
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686 2001-07-26 10 Teri Tan Teow Tee (Ms - MAftrm Teri Tan Teow Tee (Ms) Assistant General Manager Customer Service Department Central Provident Fund Board WE refer to the letters "Call for proactive CPF share nominees" by Mr Teo Chwee Hock and "CPF investors have rights too" by Mr Narayana Narayana (BT, July 13),686 words
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Article, Illustration316 2001-07-26 10 Lim Wei Chean - Party brings together seekers and i eu oilers By Lim Wei Chean QUEUES greeted 800 job seekers at a "pink slip" party organised by The Straits Times Classified/ Recruit section yesterday at the Newsroom Bar in Robertson Walk. The aim of the partyCHRIS LOH - 316 words
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241 2001-07-26 10 Charles Skeeles - Charles Skeeles Head, Corporate Communications Deutsche Bank AG I REFER to the letter "Covered wrts: no adjustment for capital reduction?" by Kom Mam Sun (Mailbag, July 21). When Mr Kom spoke with a member of our legal department, we informed him that it was too early241 words
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Page 10 Advertisements
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Advertisement157 2001-07-26 10 worldwide mu l ti-discipli'- ed props', on;. W Vtf in* ludinq lawyers, chartered accountants ■Br W h.irtrrp-'i lecrftar-s md banker-. have j V D '-'ded r on(iden;i,i' nod cost ptff ctivr V ontpany formation -r< all "io ma or A tax areas including; Incorporation Fpc< 4r nn' t/SSW The world's157 words
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BIZ woman
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Article, Illustration780 2001-07-26 11 Vogue salutes older women —in style August issue of the magazine has answers to the perennial question of what to wear, not just at 17 but at 70 NYT [NEW YORK] Anna Wintour, Vogue's famously reticent editor in chief, was being candid. "I'm 51," she said. "My biggest fashion bellwetherNYT; FILE PHOTO - 780 words
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Article640 2001-07-26 11 Melissa Sim - Mrs Yu-Foo Tee Shoon puts Singapore's griding principles in perspective By] Melissa Sim [SINGAPORE] Meritocracy, people development, building social capital and treating women as part of the mainstream are the guiding principles of the delegation that presented Singapore's report to the UN Committee on Elimination of640 words
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Page 11 Advertisements
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Advertisement71 2001-07-26 11 BPSB P <®> HYLHIDRI I oft• c i I /^> You are cordially invited to test drive a Hyundai today and feel the V, superb craftsmanship that goes into every work of ait we create It's our conviction a vehicle should be 100% dependable, [hat's 7„~ what you need. That's71 words
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Page 11 Miscellaneous
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Miscellaneous355 2001-07-26 11 CRYPTIC CROSSWORD ACROSS (5,4) 1 The French horse came first, and 5 Where one finds the cash abroad was fit for ploughing (6) cure Hague and be trans--4 Prepared thin base of alcohol (8) ferred (6, 2, 6) 10 City professor's position on trans- Turn of phrase employed by little355 words
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EDITORIAL&opinion
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Article, Illustration732 2001-07-26 12 robert samuelson - ■uiTT3 I bottom line OPINION robert samuelson The Washington Post Writers Group AMONG the great connecting threads of American history is the precariousness of social and economic standing. From the start, Americans have had the chance of elevating their status and wealth whileThe Washington Post Writers Group - 732 words
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Article107 2001-07-26 12 There are no ghosts within me that need exorcism. But at the same time I'm sure the years will peel back three and four decades, and the emotions will be powerful and strong: -Colin Powell the US Secretary of State, in Hanoi 40 years after he first107 words
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Article, Illustration2253 2001-07-26 12 David Hale - China prepares to become an economic superpower and manage its people's rising expectations in a fast-changing world By David Hale The writer is chief global economist of Zurich Financial Services CHINA is in the midst of one of the most extraordinary economicAP - 2,253 words
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793 2001-07-26 12 Tom Vogel - COMMENTARY By Tom Vogel The writer is a columnist for Bloomberg News. The opinions expressed are his own. Bloomberg TO understand one of the reasons Argentina is in a jam and why this may be bad news for all developing nation markets, you shouldBloomberg - 793 words
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Page 12 Advertisements
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Advertisement6 2001-07-26 12 Today's Editorial is on Page 46 words
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REGIONAL news
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Article, Illustration700 2001-07-26 13 Diana Oon Abdullah - Analyst cites rising global demand and falling supply as reasons From] Diana Oon Abdullah in Kuala Lumpur RISING global demand, compounded by falling supply of edible oils, is likely to continue to push palm oil prices higher for the next year and a half.Source: Bloomberg - 700 words
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LATEBriefs
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87 2001-07-26 13 Bloomberg [BANGKOK] Siam Cement, Thailand's largest industrial group, said it returned to profit in the second quarter on the back of a one-time gain from share sales and improved earnings at cement and paper units. Net income rose to 2.36 billion baht (5593.7Bloomberg - 87 words
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63 2001-07-26 13 Reuters [NEW DELHI] Millions of state and federal government employees in India went on a one-day strike yesterday against federal plans to push ahead with tough economic reforms, a union confederation and a government official said. The strike by government employees was the firstReuters - 63 words
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Article63 2001-07-26 13 AFP [KUALA LUMPUR] Jailed Malaysian politician Anwar Ibrahim filed an appeal yesterday against his conviction and nine-year jail sentence for sodomy, saying the charge was fabricated to remove him from politics. The petition of appeal says the charge against the ex-deputy premier "amounts to nothing moreAFP - 63 words
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31 2001-07-26 13 Reuters [KUALA LUMPUR] Philippine President Gloria Macapagal Arroyo has made a provisional plan to visit Malaysia on August 6-10, a Malaysian government official said yesterday.—ReutersReuters - 31 words
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420 2001-07-26 13 Eddie Toh - Banker says proceeding with deal conld frustrate govt's offer for UEM From Eddie Toh in Kuala Lumpur AS expected, takeover target United Engineers Malaysia has aborted its earlier plan to acquire the assets of its parent, Renong Bhd, for RM5.4 billion420 words
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297 2001-07-26 13 KUALA LUMPUR AP TECHNOLOGY Resources Industries Bhd (TRI), which owns one of Malaysia's leading mobile phone operators, Celcom, has been thwarted by bondholders who rejected its offer to pay back US$375 million in Eurobonds at a steep discount. But aAP - 297 words
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196 2001-07-26 13 BANGKOK Reuters THAILAND'S Central Bankruptcy Court yesterday said that most large corporate defaulters had completed restructuring their debt after two years of effort. Chief Judge Phichai Niltongkhum said the court had assisted debtors and creditors to restructure about two trillion baht (5579.4 billion) ofReuters - 196 words
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496 2001-07-26 14 Yang Razali Kassim - ASEAN REGIONAL FORUM China-US unease and political flux in Indonesia not seen getting out of hand Reports by Yang Razali Kassim in Hanoi ASEAN and the world's major powers yesterday said peace and stability in the region were under control despite the496 words
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528 2001-07-26 14 EAST Asian cooperation took a big step forward yesterday when Japan proposed that the countries of Northeast Asia China, Japan and South Korea relate to Asean as a bloc. Although the forging of stronger ties between the two Asian regions is to be expected, given528 words
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359 2001-07-26 14 Harish Mehta - This will see more emphasis being put on domestic sector Froml Harish Mehta in Bangkok THAILAND will not exclusively adhere to the traditional single-track East Asian Economic Model (EAEM) that relies on foreign investments and exports, but will also boost the economy's domestic359 words
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Article, Illustration269 2001-07-26 14 JAKARTA AP IN his first interview since his ouster as Indonesia's president, Abdurrahman Wahid predicted a return to military-backed authoritarian rule under his successor, Megawati Sukarnoputri. He also said that he had underestimated his opponents' determination to unseat him through an impeachment hearing.AP - 269 words
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Article, Illustration393 2001-07-26 15 BEIJING Central bank nnveils moves to keep currency steady after WTO entry Reuters CHINA will maintain the stability of its yuan currency after the country joins the World Trade Organization, central bank governor Dai Xianglong was quoted yesterday as saying. "We will continue toReuters - 393 words
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271 2001-07-26 15 NEW DELHI Dow Jones AFP INDIAN Prime Minister Atal Behari Vajpayee has rejected demands from the opposition asking for Finance Minister Yashwant Sinha's resignation over the Unit Trust of India (UTI) issue, reports The Economic Times. Unit Trust of India is the country's largestDow Jones; AFP - 271 words
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Advertisement540 2001-07-26 13 Get Smart with The Busirjesftimes Standard Chartered Smart Credit™ p For just 85* a day for 6 months, you get A 6-month Subscription of The Business Times Standard Chartered Smart Credit™ subscribe to The Business Times and Standard Chartered Worth a total Of $840, you can now get thenfl all540 words
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FINANCE
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Article250 2001-07-26 14 C K Lau Refco Singapore - ST tadav/MSCX ff>ore lodes C K Lau Refco Singapore SINGAPORE'S financial stocks gained yesterday as the government unveiled offBudget measures aimed to boost the ailing economy. The benchmark Straits Times Index gained 1.66 points, or 0.1 per cent, to close at 1,632.51 with 13 counters rising,250 words
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217 2001-07-26 14 Daniel Wong Refco Singapore - MSCI Taiwan Indus Daniel Wong Refco Singapore THE Taiwan stock market advanced yesterday with the government reportedly buying shares in an effort to shore up stocks and restore investor confidence. The MSCI Taiwan Stock Index added 4.92 points, or 2.61 per cent, to217 words
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Article216 2001-07-26 14 Reuters Irfmriffn THE US dollar fell against European currencies yesterday, hitting two-month lows against the euro and threemonth lows against the Swiss franc on concerns about the US economy and jitters in emerging markets. The early spotlight had been on US Treasury Secretary Paul O'Neill, who restated hisReuters - 216 words
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Article, Illustration1234 2001-07-26 14 HTERBAMK CE088 RATBB Jul25 AS C$ Nfr Ura Hr >■ HK$ tndt>HpMi Y— Wow KM «2$Hfct» Nso S$ »m8 Sir NT$ Bafct Hm* OSS Australia 0.782 4218 0.582 3.817 1138 3.964 *****50.834 0.632 6.654 1931 1235 32.553 ***** 0.924 4.180 0.877 17.702 ***** 0258 0.508 Canada 1279 5296 0.744 42841,234 words
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Page 14 Advertisements
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Advertisement28 2001-07-26 14 Fits the job to a tee. Will blossom in the post. v —X Find the right candidate, Ml 1 fe" A -d IheStraiteTimcs Call 1800 741 1883 I28 words
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Article1937 2001-07-26 15 mm t SICOM FUTUHES Jul 25 RUBBER (futures closing as at 5.30pm) RSS1 CONTRACT (S certsAq! Close Volume Open Month Wfh Uw Sett (toots) Interest AuqOI W7.50 Sep 01 107.50 Oct 01 109 JO Nov 01 H0.50 RSS 3 CONTRACT (US cents/kg) Volume Open Month High Low Sett (tomes)1,937 words
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Page 15 Advertisements
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Advertisement361 2001-07-26 15 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF COLCHESTER ENTERPRISE PTE LTD NOTICE OF SPECIAL RESOLUTIONS FOB MEMBERS' VOLUNTARY WINDING-UP (PURSUANT TO SECTION 290) At an Extraordinary General Meeting ot the members ot the COLCHESTER ENTERPRISE PTE LTD duly convened and held on 23361 words
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Advertisement309 2001-07-26 15 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF WARDLEY (SINGAPORE) NOMINEES PTE LIMITED (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50. the Final Meeting of the members of the309 words
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Advertisement450 2001-07-26 15 THE COMPANIES ACT. CAP. 50 PLANT MILL HOLDINGS PTE LTD (IN MEMBERS'VOLUNTARY LIQUIDATION) Al the Kxtraordinar) General Meeting of PLANT MILL HOLDINGS PTE LTD duly convened and held al 4 l.oyang Street, l-ovang Industrial Estate. Singapore *****9 on Saturday the 21 July 2001 the following special resolutions set out below450 words
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Advertisement501 2001-07-26 15 THE COMPANIES ACT, CAP. 50 TANJIL RESOURCES PTE LTD (In Voluntary Winding-up) At an Extraordinary General Meeting ot the abovenamed company held on the 23rd day of July 2001. the following Special Resolution was duly passed THAT the company be wound up voluntarily pursuant to Section 290(1 )(b) ot the501 words
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Advertisement640 2001-07-26 15 In the Matter ot The Companies Act, Cap. 50 And In the Matter of SHEEN JEWELRY PTE LTD (In Voluntary Liquidation) MEMBERS' VOLUNTARY WINDING-UP At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held on the 11 July 2001 the following Special Resolutions were640 words
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e-NEWS
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Article, Illustration698 2001-07-26 16 kenneth james - I -ii comment TECHNOLOGY Until we figure out what's really going on, one's probably as good an indicator as the other kenneth james CAME across a quote, courtesy of the Web, that nicely sums up the cm-rent frenetic efforts to read technology's tea leaves: "The trouble698 words
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Article, Illustration468 2001-07-26 16 LOS ANGELES Bat analysts say they are sceptical of such a move LAT-WP IS the world's largest media company thinking about acquiring the world's biggest Internet retailer? The possibility of AOL Time Warner Inc swallowing Amazon.com, however unlikely, was promptedLAT-WP - 468 words
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285 2001-07-26 16 WASHINGTON LAT-WP IN a sign that Microsoft Corp may be losing friends in Congress, a New York senator who previously supported the software company flipped sides on Tuesday and called on government antitrust regulators to go to court to block the scheduled releaseLAT-WP - 285 words
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Advertisement21 2001-07-26 16 Nescafe .ig*w. r •>> t' f N y JBuUiK* -4» t cW/ uoti desire 4" '—*i Nescafe extra 1 jenjorij >. *sr- experienee. _>21 words
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Advertisement90 2001-07-26 16 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions including British Virgin lihmdi Mauri tin* Cayman Islands > Hongkong Bahamas Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialize in offshore trusts, offshore banks, and captive insurance companies for qualified90 words
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WORLD news
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Article, Illustration568 2001-07-26 17 Anthony Rowley - But officials pat off any firm decision till after Sunday's poll to the npper house From. Anthony Rowley in Tokyo POLICY officials from the three parties making up Japan's government coalition met yesterday to discuss ways of propping up Tokyo's teetering stock market,FILE PHOTO - 568 words
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Article334 2001-07-26 17 EARNINGS WRAP Restructuring charges at its telecommunications operations take their toll on company's results Reuters GERMANY'S Siemens AG yesterday posted a heavy underlying loss for the third quarter as results were hit by restructuring charges at its telecommunications operations. The German technology giant reported thirdReuters - 334 words
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Article224 2001-07-26 17 AMSTELVEEN, Netherlands Bloomberg KLM Royal Dutch Airlines NV, Europe's fourth-largest airline, said fiscal first-quar-ter profit fell 54 per cent as a global economic slowdown cut growth in passenger and cargo traffic. Net income fell to 19 million euros (5530.14 million), or 39 cents perBloomberg - 224 words
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OTHERResults
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Article67 2001-07-26 17 Bloomberg {WILMINGTON, Delaware] DuPont Co's second quarter profit fell 55 per cent on reduced demand for its chemicals, paints and fibres, and the company called the third quarter "more challenging". Profit from operations fell to US$432 million, or 41 cents a share, from US$949 million,Bloomberg - 67 words
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Article82 2001-07-26 17 Reuters [TOKYO] Matsushita Communication Industrial Co Ltd (MCI), Japan's largest mobile handset maker, yesterday said it fell into the red in the April-June quarter due to sluggish sales and a series of handset recalls. Group operating loss for the first quarter of the 2001 businessReuters - 82 words
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Article69 2001-07-26 17 Reuters [TOKYO] Net profit at Nikko Securities tumbled about 96 per cent in the April-June period as commission revenues were hit hard by the sluggish Tokyo stock market, it said yesterday. Nikko, 20 per cent owned by Citigroup, said group net profit for the quarterReuters - 69 words
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595 2001-07-26 18 LONDON But US shouldn't continue playing role of economic fireman, he says IHT US Treasury Secretary Paul O'Neill has come out in support of a new package of aid to avert a looming crisis in Brazil, but he sharpened his overall critique ofIHT - 595 words
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Article, Illustration538 2001-07-26 18 PBOPLB He is set to become the first black to toad a Wan St securities firm NYT MERRILL Lynch Co moved E Stanley O'Neal, who grew up poor in rural Alabama and worked his way through college in an auto factory, into positionNYT; AP - 538 words
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589 2001-07-26 18 Fed-up with slumping stocks while directors get fat pay, small investors turn up the heat AFP [LONDON] 'IT is now your chance to ask questions. Can I ask you to be as brief as possible please," British Telecom (BT) chairman Christopher Bland askedAFP - 589 words
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203 2001-07-26 18 NEW YORK Reuters CREDIT card network Visa USA and five banks on Tuesday said they were launching a payroll card that would allow employers to deposit salaries directly onto Visa prepaid cards, making a bid for the multibillion-dollar cheque cashing business. The prepaidReuters - 203 words
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LATEBriefs
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Article76 2001-07-26 18 AFP [ALGIERS] Opec has decided to cut output by one million barrels per day from Sept 1, the president of the oil-producing organisation, Algerian Energy Minister Chakib Khelil, said yesterday. "Opec has decided to reduce its production by one million bpd from SeptAFP - 76 words
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71 2001-07-26 18 Bloomberg [BRUSSELS] The European Commission said it may bar DaimlerChrysler AG and Mitsubishi Motors Corp from receiving a 63.8 million euro (Sslol million) German government subsidy for an engine production plant. The aid for the plant in Koelleda, Eastern Germany may violateBloomberg - 71 words
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Article41 2001-07-26 18 AFP [PARIS] Marks and Spencer has not suspended a plan to close its 18 stores In France, head of French operations Alain Juillet said yesterday, denying a suspension announcement by a company spokesman in London. AFPAFP - 41 words
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90 2001-07-26 18 AP [BRUSSELS] European Union regulators yesterday cleared a joint venture between South Africa's De Beers Group and France's LVMH Moet Hennessy Louis Vuitton SA to sell diamond Jewellery in exclusive boutiques worldwide. But the European Commission, the EU's executive branch, also warned De BeersAP - 90 words
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272 2001-07-26 19 WASHINGTON Reuters NEARLY one-third of Americans, toiling at low-wage jobs, are unable to afford food, rent or health care, a liberal policy group said on Tuesday. "Employment matters, but work is not enough to enable families to escape hardship,"Reuters - 272 words
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Article, Illustration210 2001-07-26 19 Bloomberg [CANBERRA] The former wife erf media mogul Rupert Murdoch has broken her sUence on their 31-year marriage and who should succeed the 70-year-old as News Corp chief executive. Anna Murdoch, called Anna Mann since her 1999 marriage to financier William Mann, told theBloomberg; FILE PHOTO - 210 words
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449 2001-07-26 19 NEW YORK It wants to posh the open-source software beyond Web servers Reuters THE world's most famously buttoneddown software firm wants to bring "Peace, Love and Linux" to the business world. That is to say, IBM Corp is broadening its backingReuters - 449 words
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298 2001-07-26 19 SYDNEY AFP THE Australian government was under intense pressure yesterday to overhaul its tax regime after a key blue chip company announced plans to reinvent itself as a foreign business. Building materials group James Hardie Industries has unveiled plans to shift its tax domicileAFP - 298 words
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Article7518 2001-07-26 17 HONG KONG Vol Jul 24 HKS COOP) Across Asia Multimedia 2.03 -0.03 232 Alpha General 0.04 unch 5010 Amoy Prop 8.75 0.10 709 Ananda Wing On 0.15 unch ***** Anganq New Steel H 1.14 0.04 ***** Anhui Conch H 1.79 0.01 6176 Anhui Expressway H 1.38 0.03 23207,518 words
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Page 17 Advertisements
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Advertisement147 2001-07-26 17 Where to wine, dine and (o>&» mm ao&s 1 :nm 7' BPIW' 1" ",m VH I——1 COOLEST NIGHTSPOT FOR A NOSTALGIC TIME Relieve the good old days with superb live entertainment brought to you by our all new band, "The Velvets". Happy Hours: spm to 8.30pm, Monday to Friday. Make147 words
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Advertisement28 2001-07-26 17 |raft Lucia M mAMmf v Wt a RAFFLES MARINA 10 Tuas West Drive *****04 Tel: 861 8000 Fax: 861 1020 Email: ahoy@rafflesmanna coin.sg Web Site: http/wwwrafflesmanna com sg28 words
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Advertisement27 2001-07-26 17 Wfitti evety older o, a local or /f western delight IHJ (trom $6.90+* you get to enjoy a sumptuous spread ot salads and desse^ tor an addition^/27 words
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Advertisement17 2001-07-26 17 Vegetarian Mexican m L j, a Sichuan •.IV Japanese Hainanese I. Italian Indian Mongolian w Teochew <•<717 words
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Advertisement32 2001-07-26 17 COURT DINING At Pine Court Chinese Restaurant LUNCH 12 noon 2.30pm DINNER 6.30pm 10.30pm Reservations: 831-6262 J&ilSSr L ManAvin Sayaporr 'rSS 333 Orchard Road. Singapore *****7. TH: 737 4411 Fax: 732 236132 words
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Article2576 2001-07-26 19 BOMPS AWAERAHTS jum Wt Ml Praa/ bpbf J2-M Laat M Iq ImUmH tit M Cm* tar Hk Mb u» riMiii sat ««r- r—) u« —y m» mh cwirti w» m> iwm uw 39.5 26 s ASTI******1 27.5 -1.5 133 29 27 27.5 28 27 26.4 1 16 72,576 words
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Page 19 Advertisements
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Advertisement148 2001-07-26 19 Experience and discover the warm hospitality at the Golden Landmark Hotel Singapore located in the Heart of a Historical District close to Bugis MRT IB am SUNTEC Convention centre and all major shopping areas I'kc the Bugis Junction and Raffles City Shopping Centre. Enjoy quality superior service with the ultimate148 words
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Article8064 2001-07-26 20 SGX MAIHBOARD Gr Gr M Wl 52-Wk Last Vol Day Last Quote Dlv Mv VM Nat Cap At* Hi0> low Company Sate fW) taw —yt Safcr Cw WE W Wa MULTI-INDUSTRY 143 35 cAcmaSOc 40 -1 100 40 40 39.5 40 0.5 19.9 06 10.5 694 41 418,064 words
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Page 20 Advertisements
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Advertisement12 2001-07-26 20 'TH E FULL USE OF TODAY IS THE BEST PREPARATION for TOMORROV^12 words
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Advertisement53 2001-07-26 20 World's Slimmest ED O X IpßpJ Far East YYajx. 23S 9007 Great World City: 333 6302 j l uck) Plaza: 732 7673 OG Albert Complex: 339 3771 I Peninsula Pla/a: 338 3626 Seiyu (Bugis): 337 5075 collcct ion Wisma Atria: 733 2823 Service Centre: 273 2993 v Ll S Bl\l(53 words
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Advertisement7 2001-07-26 20 "Imagination /.v morx J IMPORTANT than KNOWLEDG^7 words
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PROPERTY news
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Article, Illustration760 2001-07-26 21 VINCE CHONG - It's no easy task turning a sleepy residential area into a yuppie haven but the developer of Springvale in Siglap relishes every challenge, vdtce chomo finds out VINCE CHONG Mention siglap now and anyone from the age of 18 to 35 can tell you about its manyRICHARD CHNG - 760 words
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Article, Illustration791 2001-07-26 21 Thien - HARDENER'S irm By' Thien I WOULD have filled our slopes with more Tree Ferns (Cyathea cooperi) recently if I had my way. Unfortunately, wifey got there first with her Calatheas while I was at work. There is nothing more handsome than an entire stand of healthy Tree Ferns,THIEN - 791 words
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Page 21 Advertisements
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Advertisement97 2001-07-26 21 r Jones Lang WLaSalle. Property Price (Million) Property Site Area Nassim Road 50 Nassim Road 22,500 sft Belmont Leedon Road 17 Chatsworth Road 19,000 sft Queen Astrid Park 14 •Tanglin Road 24,000 sft Olive Road 9 Swiss Club Road 33,000 sft Leedon Park 8 Holland Rise 50,000 sft Coronation Road97 words
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Advertisement111 2001-07-26 21 THE CONCOURSE iiuci MM) V" IP* 807 to 4,134 sqft, 13,000 sqft (column free subdivisible) 15,972 17,373 sqft (two consecutive floors) Outside CBD/Free Shuttle Bus Service to MRT Panoramic city/sea view Broadband enabled/SCV Service available Ample carparking space raWPr- Immediate occupation Tel: 292 8181 jSEgg FOR SALE AMBASSADOR RESIDENCE IN111 words
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Advertisement213 2001-07-26 21 INVESTMENT Ns\w Til l FOR SALE BY TENDER The Riverwalk #02-21 *****? /%n Strata area of 1,873 sq m (20,161 sq ft) years leasehold from 15 Dec 1980 Tenanted to office users h0 :)^'n P oc um was su b s tantiaily A, <y~ Next to new Clarke Quay MRT213 words
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EXECUTIVE Suite
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Article, Illustration693 2001-07-26 22 KALPAMA RASHIWALA - Trend could be due to increased foreclosure and banks' greater willingness to push through such sales in weaker market kalpama rashxwala finds out more KALPAMA RASHIWALA Mortgagee sales of properties have been rising since the third quarter of last year as foreclosures increase,Source REALink 21 - 693 words
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423 2001-07-26 22 VINCE CHONG - It is understood that only 20% of $400 m fund had been used as at late last year, says Binlan Resort Corporation which is seeking financing for project VDfCE ghomg reports VINCE CHONG BINT AN Resort Corporation (BRC) is talking with the423 words
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Article, Illustration569 2001-07-26 22 Vince Chong - w Vince Chong SINGAPORE-linked Bintan Resort Corporation (BRC) has released 10 ha of land along Bintan's beach front to be developed into cottage hotels. The development, called The Boardwalk, will be a test case to help gauge marketing response for another land569 words
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Page 22 Advertisements
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Advertisement59 2001-07-26 22 A i /Ik t GREAT SAVINGS! L v W 111 ™*> M n WII^^C?gB~~'" WHILST STOCKS LAST kt^hßl■ wicrr nnp anooso FT I 1 If, simply E,«cutivi jjpwMEfi ASTQR E'l 68 Orchard Road #81-11/13 Plaza Singapura Tel: 238 8233 ?9o orchard Road Paragon m-i 6/1 7 r cl 734 *****59 words
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SHIPPING TIMES
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Article186 2001-07-26 23 Reuters THE Baltic Dry Index (BDI) fell six points to 1,132, the Baltic Panamax Index (BPI) lost eight points to 1,190, the Baltic Handymax Index (BHI) dropped 35 points to 8,334 and the Baltic Capes ize Index (BCI) was down eight points to 1,277. TIME-CHARTER: ♦Golden Rose (builtReuters - 186 words
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Article303 2001-07-26 23 SOX '000 .was w curr Distribution 0.55 0.04 28 Chuan Hup 0.32 -0.01 335 Cesco Investment 0.22 unci) 322 Freight Links 0.08 unch 0 G8 Holdings 0.5' unch 0 IMC HoMings-HK 5.60 unch 0 Jay* Holdings 0.15 -0.01 160 KeppelCorp 3.64 0.04 $470 Keppel FELS 1.15 0.06 3323303 words
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Article, Illustration691 2001-07-26 23 Beth Jinks - Off-budget govt measures should be extended to end of 2002: shipping body By: Beth Jinks [SINGAPORE] Yesterday's off-budget government announcement that Singapore port dues concessions will be extended and expanded is not enough to adequately help the industry through the downturn, accordingFILE PHOTO - 691 words
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196 2001-07-26 23 Reuters [BANGKOK] Thai stateowned shipping company Thai Maritime Navigator (TMN) said it would list its shares on the Stock Exchange of Thailand in the next three years. TMN chairman of board of directors, Worasak Worapamorn, said this week that before theReuters - 196 words
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Article, Illustration332 2001-07-26 23 Beth Jinks - By Beth Jinks ISINGAPORE] Keppel FELS Energy Infrastructure Ltd (KFEI) and its subsidiaries have secured contracts worth US$l59 million for offshore rig construction and drill conversions in the past two days. The Singapore KFEI yard will build a US$l25 million jack-up rig for332 words
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371 2001-07-26 23 Beth Jinks - Uniglory call sets Sarawak port on way to becoming transhipment hnb By Beth Jinks [SINGAPORE] Malaysia's Bintulu International Container Terminal (BICT) is set to become a transhipment hub for wider Borneo trade after securing its first mainline operator. Taiwan's Uniglory Marine Corporation made its371 words
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SHIPPING news
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Article, Illustration808 2001-07-26 24 David Hughes - NEWBUILDS By. David Hughes THIS week's newbuildings list must represent the largest investment in shipping that we have featured for some time. The range of vessels reported booked includes the normal variety of tankers and bulk carriers, plus a number of products and chemical tankers which have808 words
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PORT Shots
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Article110 2001-07-26 24 FAR Eastern Freight Conference (FEFC) member lines meeting in Hong Kong have reduced a planned rate increase, to take effect at the beginning of next month, from US$25O to US$lOO per TEU for west-bound containers. Rates have fallen sharply on both legs of the110 words
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107 2001-07-26 24 THE ageing cruise ship Ocean Glory /could face arrest in an ITF-backed move by its crew who, the union group alleges, have not been adequately compensated for the extra work they are having to do to get the ship in a fit state107 words
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97 2001-07-26 24 THE capsize of a local glass-bottomed tourist boat near Cabo San Lucas, Mexico, last Friday led to the deaths of three passengers from Carnival's 70,390 gt cruise ship Elation while seven more were injured, according to media reports. The ship left Los Angeles on the97 words
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Article96 2001-07-26 24 ABU Dhabi Container Line's (ADCL) troubles increased last week when the 1,388 TEU container ship ADCL Scarlet was sold in Hong Kong by judicial auction for US$l6.9 million. The ship had been arrested because of US$B5O,OOO of outstanding repair and bunker bills. The ADCL96 words
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Article99 2001-07-26 24 US-BASED carrier-backed Internet freight tracking and trading system Inttra has been chosen by German logistics firm Kuehne and Nagel for all its container shipments. Inttra chief executive officer Ken Bloom said: "We are pleased that an industry leader like Kuehne and Nagel has elected99 words
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Article87 2001-07-26 24 David Hughes - Compiled by David Hughes SOUTH Korea's SK Shipping has joined international dry cargo owners' association Intercargo, the first company from the country to do so. The move lifts the association's Asian presence, which already includes major players from China and Japan. "The Asian market is particularly87 words
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Article168 2001-07-26 24 PAGE Appenship 5 Assets S Austral 6 BSA 7 B'tang Mas 6 CCNI 7 CMACGM 3 COSCO 3 Colony Log 5 Central Ex 6 China Shpg 5 Cougar 7 CWT Gtobelink 7 Delmas 4 Djak Lloyd 6 Dongnama 3 ECL A ECU Line 5/6/7 Evergreen 6 Foong168 words
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Article5519 2001-07-26 30 THEBUSINESSTIMES Pages EXPORT THURSDAY, JULY 26, 2001 ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number To ABIDJAN (ABJ) 2003 Cot# D'lvoirc 06/08 02/09 KienHung KUOCHIA KUW3S 65-*****33 06/00 07/09 Delmas HYUNDAI FORTUNE 303W 65-*****44 08/08 12/09 COSCO YUAN HE 0087W 65-*****00 To ADELAIDE (ADL)5,519 words
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SHIPS IN PORT
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Article778 2001-07-26 31 Vessel Voy No Berth Arrival Departure Sn Baru 1 Jul-01 'jol 25/07/6:45 25/07/2330 Budtman Inda Jul-02 J03 25/07/8:*) 25/07/23:00 Winstar 1 105S J03 25/07/9:00 25/07/22:00 Terang 18 M1179 J03 25/07/9:15 25/07/16:00 Kimtransaqua 07S J16 25/07/10:00 25/07/18:00 Bat am Baru JuH>3 J05 25/07/9:55 25/07/2330 Royal Freigh 139 J02 25/07/10:20778 words
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Article1983 2001-07-26 31 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/Balance Rstls Ship Voy No Etb/Btr Period From To From AC* SEAGUU owe 26/23.59 IB 24/1500 24/1659 24/1900 2* 24/1700 25/0659 25/0900 21 24/1700 25/0659 25/0900 J 25/0700 25/189 25/MOO 4 25/1200 25/1459 25/1700 AC* WAN 456S 26/5:00 18 24/15001,983 words
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Article594 2001-07-26 31 Carbon 180 Mai 990.5 0.5 15.6 0.11 44 0.04 Jul n Dwslty Witer Residue Ask Aluminium Sediment Ho »Dove E25 0 0 1 1 0 0 380 Ave 984.1 0.2 14.3 0.06 22 0.02 Uim 380 Mil 991.2 0.5 18.3 0.11 50 0.09 IWI m/m »m/m594 words
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Article185 2001-07-26 31 August 1 Switzerland: National Day Augusts Singapore: National Day South Africa: National Women's Day August 12 Thailand: HM The Queen's Birthday August 15 South Korea: Liberation Day Switzerland: Assumption Day Spain: Assumption Day Belgium: Assumption Day France: Assumption Day Italy: Assumption Day August 17 Indonesia: Independence Day August185 words
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Article814 2001-07-26 31 THIS report, compiled by Cockett Marine 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 averagesized stem. Market movements are indi cated. The Cockett Bunker Price Index change and the814 words
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AIR&LAND transport
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Article, Illustration575 2001-07-26 32 Cost of Tamil rebel attack estimated to be at least US$375 million AP AFP [COLOMBO] Police and soldiers with automatic weapons combed the runway and tarmac of the international airport in Colombo as it limped back into operation after being pulverised by a massiveAP; AFP - 575 words
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265 2001-07-26 32 Bloomberg [SHANGHAI] China Eastern Airlines Corp, the country's third biggest carrier, said first-half passenger volume rose 10 per cent, while cargo and mail shipments grew 1.8 per cent as world demand for Chinese goods weakened. China Eastern carried 4.8 million passengersBloomberg - 265 words
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Article, Illustration492 2001-07-26 32 Aim of generating enough cash to cover expenses by 2002 may not be reached AP [LONDON] Eurotunnel, which operates the channel tunnel linking Britain and France, said that it narrowed its loss for the first half of the year, but warned thatAP; AFP - 492 words
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611 2001-07-26 32 Offer of record pay but union must give up right to strike NYT [NEW YORK] American Airlines offered its pilots a novel contract proposal designed to avoid the drawn-out negotiating process that has led to threatened strikes at several major airlinesNYT - 611 words
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LOGBook
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Article86 2001-07-26 32 AFX [TAIPEI] China Airlines major shareholder China Aviation Development Foundation said its board of directors at a meeting yesterday elected Tsai Tsao-yang to replace Chang Chun-yen as chairman. "I'm glad that the board accepts my resignation. The board has elected director Tsao to be newAFX - 86 words
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96 2001-07-26 32 [HONG KONG] The Hong Kong Airport Authority said passenger volume through the Hong Kong International Airport increased 3.7 per cent year on year to 2.85 million in June 2001. But cargo throughput fell 9.2 per cent year on year to 164,000 tonnes last96 words
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Article76 2001-07-26 32 Bloomberg [LONDON] BAA pic, the world's biggest operator of airports, appointed Marcus Agius chairman as of next April to replace Lawrence Urquhart, who will retire. Mr Agius, 55, has been a non-executive director of BAA since 1995 and in 1998 was appointed deputy chairman. Mr UrquhartBloomberg - 76 words
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Article1801 2001-07-26 32 an man tw aioff m MttaWt 8*7381 1930 8*7382 2055 OKI IMP W» W AlMt*r8M S0327 0705 0*978 0130 KL837 1455 KIM 2255 MM 2335 mm SQ347 06» S034I OX A«ckl«nd ****** 2045 ****** 2045 tarn io«5 mb torn mnm gw ow WriOtfMM* 1*421 T100 S01621,801 words
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Page 23 Advertisements
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Advertisement184 2001-07-26 23 Newbuilds: Gambling on gas Pg2 Strlckon Colombo airport slowly rosumos operation BackPg Asia Pacific Maritime a The Premier Maritime Event Connect with 400 international companies from now at www.apmaritime.eom v 35 countries including 10 country groups. to attend! 5-7 September 2001 Singapore Expo a r For more information, please contact:184 words
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Advertisement531 2001-07-26 24 NORTH AMERICA GULF/INDIA SUB-CONTINENT I SUPER SHUTTLE EXPRESS (SSX) [OULF KARACHI EXPRESS (OKX) 1 vessel vor lgo sm prc vEssa vot jea m onp OOCL NETHERLANDS 29W27 11/07 J9/07 SI/97 PlO NEDUOTD MALACCA Hi 11/07 19/07 11/07 79/07 00al ,TAJH 43W2 10/07 05/01 07/01 POMRtOOCOMMM OK 15/07 24/07 79/07 05/09531 words
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Advertisement709 2001-07-26 24 Lines services represented by Members of the Registry of \|]Kgjpl/ Accredited Shipping Agents, Singapore Shipping Association Members of the Singapore Logistics Association ULY UNE MALE VESSEL VOY Tn* HA ETA P. KLANG SPORE MALE Empress Uly VO6Ol 26/07 27/07 04/08 Princess Lily VO6Ol 11/08 12/08 19/08 Empress Uly VO7Ol 27/08709 words
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Advertisement1256 2001-07-26 25 TO USA (SAX SERVICE) VESSEL VOY SIN ETA LAX OAK DAI HOU CHI COi MEM ATI NYC API HOLLAND 101E 01/08 16/08 21/08 21/08 21/08 21/08 22/0« 21/08 23/08 23/0« API ENGLAND 103E 08/08 23/08 23/08 23/08 23/08 23/08 24/08 23/08 2S/08 2S/08 API PEARL 103E 15/08 30/08 04/09 04/091,256 words
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Advertisement2372 2001-07-26 25 TO AMN 1/1 i 10 DAYS JEDDAH > T/T: 12 DAYS W AQAftA T/T tIS DAYS GENERAL AGENTS IN SINGAPORE: ITROBINSON M #11-00 SAUS/WGS Ttt: *****57/43 FAX: *****21/71 MALAYSIA OFFICE MSJR GUDANG 07-*****W FAX: 07-*****70 fOSTAD SHIPPING PTE LTD SINGAPORE 06*898 OUTWARD (B/l) *****02 *****25/75 PORT KLANG 03-*****633 03-*****668 TEL:2,372 words
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Advertisement1330 2001-07-26 26 C SENATOR LINES TO EUROPE TO MIPDUE EAST/WAN/RH) SEA rosa vot sw iw n» mi m m vtssa vot sw m p» jp POHAMG SENATOR 00I7W 24.07 10.U 12.0* 13.01 14.01 15.01 lA.M AIMUTANAM 00I5W 21.07 04.0* 07.01 11.01 12.00 HANJMKHUMG 0011W 27.07 ILM 19.01 16.01 17.01 H.M FOWAIRET 00ISW1,330 words
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Advertisement868 2001-07-26 26 MAC-NELS S PORE M'SIA Carrier: MN CONTR LINES, INC P. GUDANG: (07) *****26 I~IV*/\~ J ORNOHMTMOOOB SIBU: (084)*****9 MANILA: (632)*****24 W PENANG: (04) *****36 BANGKOK: (862) *****67 SURABAYA: (31) *****11 P. KELANG: (03) *****77 JKT: (21) *****46 KUCHXG (082) *****1-3 ADELAIDE M HAVRE MV "MOL WARATAH" V.015 MV "PORTUGAL SENATOR"868 words
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Advertisement507 2001-07-26 26 WEEKLY EXPRESS SAILING SCHEDULE WESTBOUND TO: COLOMBO NHAVA SHEVA (CPS MULUNO. MUMBAI) ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICO POINTS VtSSB NAMf I VOY k'POKf ColoMao| N. SHtV*| CONNKTWG I VSI-USA VSI-tWOPt BRAZILIAN EXPRESS 002W 30 JUL 04 AUG 00 AUG INDAMEX GANGES ZIM ANTWERP VMM VO7 INOFEX SCI507 words
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Advertisement1466 2001-07-26 27 IVESSCI VOV KHH HKG I SIN I PKL PXB BAB PMM BIIC IRAN TEHRAN PCL-217 24/07 25/07 28/07 29/07 05/08 06/08 08/08 10/08 IRAN TABATABAEI PCL-218 31/07 01/08 04/08 05/08 12/08 13/08 15/08 17/08 IRANKERMAN PCL-219 07/08 08/08 11/08 12/08 19/08 20/08 22/08 24/08 IRAN ISFAHAN PCL-220 14/08 15/08 18/081,466 words
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Advertisement381 2001-07-26 27 Loading for 1 Zl YUN SHAN RDM/ATW/BMNAJK/LPL I NAZLIG RDM/ATW/BMNAJK/LPL I TINA 1 RDM/ATW/BMN/UK/LPL I Loads Singapore. E7W Malaysia, Indonesia J Loading (or BALAJI VINTAGE JDH/AQA RAINIER D6l/ABU/DOH/BRN/DMM/KWT PISCES EXPLORER JDH/AQA/DMT AEGEAN SEA DBI/ABU/DOH/BRN/DMM/KVVT AL QAWIYYU JDH/AQA RADtANT CANOPUS ADN/HDO/JDH HATIME ANA JDH/AQA •Loads Singapore. EVW. Malaysia. Indonesia I Loading381 words
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Advertisement1359 2001-07-26 27 HON6EON6/ SHANGHAI/ XINGANO/ OBtSPAO lANGKX/BAP TA PHUT/lAHICHAIANG msn yoy a h»c sha ioo tap"" VBttL m Ml JUL ME—Ja_ mm NOH 30/07 04/00 07/06 10/08 13/08 SIMMS j}s KAMAIHUM NOlB 06/08 11/01 14/01 17/00 20/08 KAIOO 022t 30/07 03/08 03/08 ITHABHUM WOII 13/08 18/08 21/08 74/08 77/08 lANIBHUM 220N 31/071,359 words
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Advertisement743 2001-07-26 28 RHOHS/UK/SCANWHAVIA EXPORT VCSa/VOYAGE SOP MM ItMG 1 BHV |IHP IZB 1 LHV ITUKSUAOIOS-016W 29/fr Mj It/OB L DBJ6HT OMBKWMII9 jig 17/08 IMB 2MB 22/ PI T3/U immoioMiiw ovt» zva zfli BBSWCOMWIMC 07/08 2MB 29/08 31/D8 CAST AND WiST MHXTIWANIAM/iIAaC StA EXPORT VBSa/VOYAfiE I SOP tra GMA ws KM 1 VIC743 words
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Advertisement407 2001-07-26 28 MjmHmMHQua/ftmuiHUMOOMmmnsmMia PRQRT VESSEL VOYAGE SGP CMI DUB DMN KM NXV ARM JED AOt BINGHE 0174W 27/07 07/08 09/08 13/08 COSCOREDSEAOOI4O4OW 30/07 03/08- W/08 11/08 13/08 UNI PROMOTE 0476-004W 31/07 04/08 IQ/08 11/08 SONGHE 0168W 03/08 14/08 14/08 20/08 UM ASSURE 0017-024* 04/08 10/08- 14/08 18/08 20/08 UNI PREMIER 0477-004* 07/08407 words
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Advertisement575 2001-07-26 28 SINGAPORE PTE LTD s 15 McCallum Street #03-01 /02 Natwest Centre Singapore *****5 Tel: (65) *****73 Fax: (65) *****66 Email: general@ecusin eculine.net Website: http://www.eculine.net lohore Bahrn Office-Tel: (07) *****18 Fax: (07) *****62 0 1RECT SERVICE To BA^EL/ZURICH f SWITZERLAND pO ALSO ACCEPTING INLAND PORTS: BERN GENEVE LAUSANNE ST.GALLEN I LUCERNE575 words
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Advertisement498 2001-07-26 28 INDONESIA NATIONAL LINE TO AUSTRALIA I FULL CONTAINER SERVICE va wr rm aw he m std m m un m tfl IVORY 405 >0/0731/07 06/00 11/00 14/00 17/00 POTSDAM m" 16/00 07/00 Tt/5 ItyOO 71/00 J4/00 writ wax ~~nT 13/00 m/oo «/m »/oo 3i/o« PONDADBAW 42S ?0/00 71/00 31/00 01/0*498 words
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Advertisement420 2001-07-26 29 BSfl A. 'MM MYANMA pBBk FIVE STAR UNE W (Myanmor National Linc) Loading for Yangon VESSEL VOY SIN PKI PEN PGU HPA-AN 289W SU> MONG U 48W 27/07 MALAYSIA AGENTS: OOUSTEAD SHIPPING AGENCIES KUL TEL 03-*****300 PKL TEL 03-*****101 PEN: TEL 04-*****02 PGU: TEL 07-*****21/4 BANK LINE (A service of420 words
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Advertisement1184 2001-07-26 29 HMNE* HYUNDAI MERCHANT MARINE CO., LTD. IVBSa VOT lai SOU Iffl I KTM I AMT I HAM I HIV (VK a VOT SOU tat RIM I ANT I HAM IWf I frll API GARNET 104W 26/07 13/01 15/01 11/01 14/08 NTCMRMOOORE 33* 02/B7 04/07 07/07 05/07 JJ/07 MOIUMRE 542W 27/071,184 words
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Advertisement990 2001-07-26 29 vOOv WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERICA "CAR RORO HEAVYUFT SERVICE" Ivtsstl VOY RAW HEIGHT SIN LiC MAO I MIA I SAV IML I ORF NYC HEW MOi TOIIRCOMG AMI IS 4001« m 2S/07 03/09 06/09 08/09 10/09 11/09 13/09 17/09 19/09 TAPKXA AMI 16 400 Tom 6.3 M990 words
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Page 31 Miscellaneous
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Miscellaneous118 2001-07-26 31 LEGEND: Issued by ical Service^ K Thunderstorm A Showers or Ram temperature Wind direction and speed in knots Cloud, Da, Wea,her Sea Conditions Wind speed symbols ht 1 O Full circle w/o line indicates calm or light and variable winds -i—»One half fleche represents 5 knots I I Moderate 1118 words
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