The Business Times, 24 October 2001

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Total Pages: 40
1 40 The Business Times
  • 15 1 THE BUSINESS TIMES 4 MITA (P) 107/03/2001 Internet: http://business-times.asial com.sg/ SINGAPORE WEDNESDAY. OCTOBER 24. 2001
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  • 69 1 DuMft* (+17.51) U SMLSI (4-5.44) pisTiimExnmnHß U M 1&00 (+26.00) |F1 SDBGIFUTUBES U mat (+3.10) STOCK IAKKETIKDICEO Migr GhKp KLSECOMP tOM +4JI NIKKEI I2S 1038L66—+H114 HANG SENG lUlM4__+4ajl SET INDEX _____do*d JAKARTA COMP —SL79 *iM MANILA COW mM -fM TAIPEI WPi_ ***** 4ft» SEOUL COMP IMM *LM SHENZHEN
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  • 60 1 FOBBX RATES U8» SS USS (SS per CSS) L8S* SlUS&ftSprf)— im UM EUBO(USS/S$/E) #i#7 UK DM UM LI* YEN 121J 9U> km im—ue HKS 7 JM ua BAHT 44.74 Mil KUP1AH 1<M» M44 FUME KATES SINGAPORE* _fiJS KUALA LUMflJH CM JAKARTA MM BONQWN0 ft* TAIPEI Ut TOKYO un SEOUL
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  • 898 1  -  i-i exclusive NewßT-LEK shareholder value scorecard finds them best value-creators By\ Paul Chan [SINGAPORE] Tech companies in Singapore despite the severe knock-on effect from the collapse of the Nasdaq market are still the top creators of shareholder value among locally listed companies,
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  • 539 1  -  CEO authorised prospectus with false statement By] Ling Su Ann [SINGAPORE] Setting a precedent for Singapore's corporate community, the court yesterday fined Freight Links Express Holdings chief executive David Lim Teck Hiang $10,000 for authorising a prospectus containing a false statement about the
    539 words
  • 564 1  -  Surprise move prompted by fears of loan default by mainland brokers analysts From l Andrey Tan in Hong Kong CHINA stocks in both Hong Kong and the mainland shot up yesterday as China unexpectedly moved to stem the decline in its domestic
    564 words
  • 448 1  -  Property industry pleasantly surprised by her decision By Kalpana Rashiwala [SINGAPORE] Many property industry players were yesterday pleasantly surprised by news that Amy Khor, the amiable investment sales director of Knight Frank, was named a People's Action Party candidate in the coming
    TERENCE TAN/ST  -  448 words
  • Page 1 Advertisements
    • 235 1 mbiuE ■V I H Hf Top StoriM Govt unvwte $11b rail project. Mart P»ge KL set to spend more on Pelepas port Pg 11 INVEST Ppf nlpY 0 rl v* 1 !LI a* %> Investors China move set to boost "red chips'in S'pore: brokers, Pg 7 There are plenty of
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    • 27 1 BG Lee on why 'A- Team' is needed in politics, Pg 3 JBJ and 10 others quit Workers' Party, Pg 3 Here reports, Pg 3 and 8
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  • NEXT page
    • 587 2 Fed chief says resilience apparent in how banks, Fed kept system going AP. Reuters [WASHINGTON] America's financial system operated with remarkable efficiency to minimise the fallout from the Sept 11 terrorist attacks, Federal Reserve chairman Alan Greenspan said yesterday. "We are blessed
      AP.; Reuters; AFP  -  587 words
    • 529 2  -  3 rail lines totalling 60 km will take 10-15 years to complete By Christopher Tan [SINGAPORE] The government will embark on an $11 billion project spanning 10-15 years to build three rail lines totalling 60 km in length. Communications and IT Minister Yeo Cheow
      529 words
    • ON THE grapevine
      • 92 2 BROKERS are betting that former Overseas Union Bank president Peter Seah will be named chief executive of OCBC Bank—but only after the general election. Market talk continues to place Mr Seah as the frontrunner to take over from Alex Au, who resigned recently. The logic, according to one
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      • 64 2 MICROSOFT has sent out party bags with a duck-shaped whistle, plastic pinhole camera and paper mask—worth about $2 in total—to promote its Windows XP operating system being launched in Singapore this month. Bloomberg reported last month that Microsoft is spending an estimated US$2OO million over four months
        64 words
      • 91 2 YOUNG girls are being sought for two roles in Judah Ben Hur, a multi-million-dollar pre-Broadway show that opens in Singapore in December. The girls, aged seven to 10, can be Asian or Caucasian, must be no taller than 127 cm and will have to sing and
        91 words
      • 51 2 IN an on-line poll. BT asked readers if they think the government's $113 billion off-Budget package will tide Singapore over the recession. This is how they voted: Yes, the measures are significant and will boost growth: 17% No, the multiplier effect will be small: 72% Not sure:
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  • Page 2 Advertisements
    • 191 2 J) What Your Eyes Cannot Sec fi" R -O A >411 A The only perpetual calendar that adjusts ffoi >, H forward and backward in seconds over ill, <S Jtfk 13* A the quick corrector position of a single i 1 fill JuL*. crown, even in the vear 2100. Patent
      191 words

  • GENERAL election
    • 816 3  -  Average age «f PAP's 27 new faces is 41.5; and 7 are women By Anna Teo ITS a tough tussle for talent in a small pool So Singapore has no choice but to draw the best from various spheres for political
      816 words
    • 548 3  -  Byi Serena Ng, Andrea Tan A RIFT that's been building up in the Workers' Party over the past few months has culminated in veteran politician J B Jeyaretnam and 10 other members quitting the party. At a press conference yesterday, Mr Jeyaretnam said
      548 words
    • 382 3  -  Byi Anna Teo KHAW Boon Wan doesn't see his move from civil servant to politician as a career change. He's still in the same business, he says of serving Singapore and ensuring a better life for Singaporeans. The former permanent secretary (trade
      382 words
  • Page 3 Advertisements

  • SINGAPORE companies
    • 544 4  -  But it's confident of ability to ride out tough times through tech investments By] David Boey CHARTERED Semiconductor Manufacturing yesterday posted a record quarterly loss of US$llB.3 million for the three months to Sept 30. But at the same time it stressed its ability
      544 words
    • 277 4  -  It expects to post another loss in Q4 as economic slowdown take its toll Byi Andrea Tan THE economic slowdown and last month's terrorist attacks on the US dragged Raffles Holdings into the red for the three months ended Sept 30. Although
      277 words
    • 246 4 SINGAPORE Food Industries (SFI) said yesterday net profit for the nine months ended Sept 30 rose 18 per cent to $19.5 million, from $16.5 million a year ago. SFI said growth in net profit again significantly outstripped growth in turnover,
      246 words
    • 664 4  -  lock siew quak hiang whai OVER lunch the other day, the topic of bank directors' credit cards came up. Can they be trusted to handle credit facilities with their own banks? And to expand the argument, can banks be trusted to look
      664 words
    • 569 5  -  QFB also plans to tap other distribution mediums like Internet, SMS By Angela Tan ABN Amro Bank will be opening its fourth branch in Singapore on Dec 3, but the Dutch group also plans to leverage on alternative distribution channels to meet
      569 words
    • 201 5 SINGAPORE Telecommunications (Sing Tel) yesterday said its wholly owned subsidiary, Sing Tel Australia Investment, has completed the compulsory acquisition of all the outstanding ordinary shares in Cable Wireless Optus that had not been acquired in the takeover offer for Optus shares. Sing Tel Australia
      201 words
    • 267 5  -  By\ Siow Li Sen DBS Bank yesterday launched a financing package for small businesses based on purchase orders, eliminating the need to provide tangible assets as collateral. A bank statement said DBS will provide financing amounts of up to 60 per cent of
      267 words
    • 394 7  -  But surge seen short-lived as Wall St, global economy remain major concerns Byy Ven Sreenivasan SINGAPORE-LISTED China stocks should rise today after the Chinese government announced that it would stop selling state-owned shares in listed companies, but the surge could be
      394 words
    • COMPANY Briefs
      • 74 7 AFX THE government said it will extend the war risk insurance coverage it is providing Singapore Airlines, Silk Air, SIA Cargo and the Civil Aviation Authority of Singapore to Jan 24. "The extension is needed to ensure that airlines and Chang! Airport can continue operations in
        AFX  -  74 words
      • 68 7 Reuters KEPPEL FELS has won a US$22 million contract to build a hull structure for US oil producer Atlantia Offshore. KepFels, the offshore arm erf Singapore conglomerate Keppel Corp, said yesterday the structure will support a self-contained topside with foil production, work-over, utility and accommodation facilities.
        Reuters  -  68 words
      • 126 7 PANPAC Media.com has reported an after-tax profit of $122,000 for the six months to Sept 30, compared with an $8.39 million loss previously. This resulted from the closure and downsizing of loss-making businesses and big cost cuts. Turnover fell 15 per cent to $7,106 million,
        126 words
    • 141 7 CITY Developments was yesterday awarded the Pasir Ris executive condo (EC) site. The highest of five bidders, CityDev paid $50.8 million or $135 per square foot of potential gross floor area. CityDev said last Friday it was likely to market the project
      141 words
    • 96 7 Reuters SINGAPORE Exchange (SGX), which has aggressively pursued a linked pan-Asian marketplace through alliances with key regional bourses, is now seeking similar tie-up 6 with European stock exchanges. "Our teams are just starting to work on that," SGX chief executive officer Thomas Kloet told Reuters on
      Reuters  -  96 words
  • Page 4 Advertisements
    • 134 4 Formerly known as Pte Tired Of Getting Nowhere? Results! Hf Artemis International Corporation is a leading provider of scalable, enterprise-wide project £fc9Rßßfj^^^l and resource collaboration solutions. The company's Business Management Architecture™ is the only total solution that maximizes business performance by helping companies transform their strategies into results. Artemis' unique
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  • Page 5 Advertisements
    • 75 5 BLANC I m I f I ft J ■ft I IN THE HEART OF V FULLY FURNISHED BY MONT BLANC. I V NOW OPEN FOR VIEWING. V I I Montblanc Cortina Watch present an exhibition of the most expensive advent calendar i H Cortina Watch Espace from 19th October to
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  • SINGAPORE markets
    • Article, Illustration
      292 6 OTHER SINGAPORE INDICES Oct 23 VALUE CLOSE WWH 332.00 -24.00 wc— -*****.00 ♦iso.oo Ml*4mm -*****.00 .>.33.00 vmu**m 455.79 46.25 0«CI> 452.98 +5.79 MKlpiw 374.26 +5.20 MBpBwBwt 104.86 ♦2.14 ttfpWMlli 1183.90 -0.19 356.99 +8.05 Mtammmn 172.79 +2.56 SWTel 15c 34.546,000 UniFoodHK2Sc 18,516,000 Rj Yu Ml|| 10c 18,504,000 TTanjln Zhong 17,581.000 Surface
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    • 841 6  -  -li comment STOCKS HE, Japan recoveries, firm US fixtures also cited r. sivanithy IT'S fair to say the local stock market is at an odd sort of crossroads. The uncertain earnings outlook means there's no compelling reason to buy and hold. But
      841 words
    • 720 6  -  -i i comment CURRENCIES larry wee IF the ability to ignore bad news and uncertainty is the most important reason why a currency strengthens, the US dollar clearly proved the point this past week bulldozing its way through key obstacles posed by alternatives like the euro,
      720 words
  • 3176 6 UNIT TRUSTS FUNDS Absrdssn Asset Mgt Asia Ltd Aberdeen Select Portfolio: American Opport Fd 0.710 0.746 Asian Fixed Income Fd 1.135 1.170 China Opportunities Fd!** 0.840 0.882 Cont Euro Eqty Fd!** 0.892 0.938 Global MNC Fd 0.619 0.651 Global Technology Fd!** 0.460 0.484 Indonesia Equity Fd!** 0.593 0.624 Japan Eqty
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  • Page 7 Advertisements
    • 182 7 ■Pli^H ■iH ;Vi *\Y^ PIA6ET Boutique: #01-11 Ngee Ann City Tower B, 391 Orchard Road, Singapore *****4. Tel: 732 6831 Authorised Retailers: Cortina Watch Deluxe Eastern Watch Roy Eastern Watch Sincere Fine Watches The Hour Glass (Scotts Shopping Centre) -Ji== J J l^lplh^ vC~:\ I V < V"'" A-.' T
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  • SINGAPORE news
    • 263 8  -  P=tt =4 on the economy CPI -By' Ven Sreenivasan SINGAPORE'S consumer price index (CPI) posted its smallest year-on-year increase in 16 months in September, rising just 0.5 per cent. This is the lowest year-on-year gain since May 2000, when the index rose
      Source: DOS  -  263 words
    • 373 8 NUS forecasters see stronger electronics market next year THE possibility of a stronger electronics market next year could see Singapore's economic growth rebound to a robust 11.5 per cent in the final quarter of 2002, according to forecasts by National University of Singapore economists.
      373 words
    • 346 8  -  GENERAL ELECTION By Vince Chong PRIME Minister Goh Chok Tong last night opened a briefing to introduce the People's Action Party's candidates in Marine Parade GRC by paying tribute to two of the GRC's former MPs, Eugene Yap and Goh Choon Kang. The
      346 words
    • 268 8  -  By: Eugene Low THE Singapore Democratic Party (SDP) yesterday unveiled its economic blueprint, which includes a minimum wage policy and the scaling back of gov-ernment-linked companies (GLCs). Speaking to reporters, SDP chief Chee Soon Juan said a minimum wage of $5 per
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    • 498 8  -  Its manifesto seeks help for voters hit by current recession Byi Chuang Peck Ming THE Singapore Democratic Alliance yesterday unveiled four more candidates for the general election, bringing its total so far to seven. Two of the candidates Sebastian Teo and Robin Tong are first-timers.
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  • WAR on terrorism
    • 533 9 US officials to approach American banks with overseas branches Dow Jones Newswires [WASHINGTON] US government officials on Monday warned banks and other "frontline" financial institutions that they will bear much of the burden of reining in terrorist financing. Vigilance and prompt action
      Dow Jones Newswires  -  533 words
    • 391 9 Reuters [NEW YORK] Company executives bought more shares in their companies after the Sept 11 attacks than they sold, sending insider sentiment to its most bullish level in three years, new figures showed on Monday. Many investors had expected insiders to become more bearish after
      Reuters  -  391 words
    • Political front
      • 161 9 AP, Bloomberg [BAGRAM, Afghanistan] US jets yesterday attacked a stronghold of Osama bin Laden's fighters north of Kabul and set fire to critical Taliban oil supplies in the southern city of Kandahar. Britain said US airstrikes against Afghanistan had destroyed nine al-Qaeda training camps
        AP,; Bloomberg  -  161 words
      • 76 9 Reuters [LONDON] Britain is expected to deploy about 1,000 troops, including members of the elite Special Air Service (SAS) regiment, to join US-led raids on Afghanistan, defence sources were quoted yesterday as saying. The role of most of the British troops, many of whom are
        Reuters  -  76 words
      • 46 9 AFP [CAIRO] Top Sunni cleric, Sheikh Fawzi al-Zefsaf of the 1,000-year-old Al-Azhar institution, urged US President George W Bush to halt military moves in Afghanistan during the Islamic fasting month of Ramadan, warning that failure to do so would provoke Muslims globally.—AFP
        AFP  -  46 words
      • 98 9 Bloomberg Reuters [WASHINGTON] Two workers at a Washington mail-handling centre are dead and two others were diagnosed with inhalation anthrax, the most dangerous form of the disease, city officials said yesterday. "It is very clear their symptoms are suspicious and their deaths are likely due
        Bloomberg; Reuters; AP PHOTO  -  98 words
      • 69 9 AFP [LONDON] Taliban officers defected in droves after US-led bombing annihilated a key airport on the first day of their military campaign, a British newspaper reported yesterday quoting a Taliban defector. A former senior Taliban air officer told the Guardian newspaper that he fled Afghanistan with
        AFP  -  69 words
      • 63 9 AP [ISLAMABAD] The United Nations confirmed that a US bomb had struck a military hospital in the western Afghan city of Herat, but said it had no information regarding casualties. The Taliban had reported the bombing on Monday saying a US and British airstrike that day
        AP  -  63 words
    • 264 9 AFP [BERN] A Swiss financial company which has recently undergone a change of name could have links with suspected terrorist Osama bin Laden, deputy attorney-gen-eral Claude Nicati said on Monday. Mr Nicati told Swiss news agency ATS that the business dealings
      AFP  -  264 words
  • Page 9 Advertisements
    • 408 9 A THE UNIVERSITY of LIVERPOOL LLB, LLM or Research The University of Liverpool, founded 1881 is one of UK's top teaching and research universities The Law faculty received "Excellent" rating for teaching in the last UK quality assessments Law courses at Liverpool are recognised by the Board of Legal Education
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    • 973 9 A Indian Overseas Bank (Incorporated in India) j Central Office: 763, Anna Salai, Chennai 600 002 BALANCE SHEET AS AT 311 MARCH 20Q1 (R«. m 000s) PROFIT ft LOSS ACCOUNT FOB THE YEAR (Rs. in '000s) Ended 31st March 2001 Schedules 31.03.2001 31.03.2000 Schedules 31.0&2001 31.03.2000 LIABILITIES INCOME Capital 01
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  • EDITORIAL & opinion
    • 726 10  -  riirra bottom line OPINION kala anandarajah The writer is a partner at Rajah Tann and author of "Corporate Governance—A Practical Approach, 2001 published by Butterworths Asia SINGAPORE'S new Code of Corporate Governance advocates the appointment of at least three independent directors to the board and
      726 words
    • 107 10 'It's a coalition of one, maybe one and one-hall, if you count the British. Coalition is window-dressing.' -OesrgßWm a US columnist, on the US'allies in its war against terrorism. 'Let us be realistic. I don't care about (Palestinian Authority President Yasser) Arafat I care about stability.' Htnri
      107 words
    • 650 10 EDITORIAL IT was only to be expected, and quite appropriate, that the issue of global terrorism would be high on the agenda of the just-concluded leaders' summit of the Asia Pacific Economic Cooperation (Apec) forum nations. However, in the process, a host of other important issues
      650 words
    • 1416 10  -  The ability of democratic societies to sustain long-term campaigns against an elusive foe should not be underestimated By] Frank Lavin The writer is the US ambassador to Singapore. This was a speech given at a recent Institute of Policy Studies forum.
      AFP  -  1,416 words
    • 679 10 US Secretary of State Colin Powell, like his predecessor James Baker during the Gulf War, is attempting to build a great coalition, and, like Baker, he has to assure America's new allies that their efforts will be adequately compensated. But there's a great difference between the old coalition and
      679 words

  • REGIONAL news
    • 475 11  -  It's channelling foods to boost road, rail link to the port which rivals PSA From Eddie Toh in Kuala Lumpur THE Malaysian government is set to spend more to improve the infrastructure at Johor's Port of Tanjung Pelepas (PTP), which is on
      FILE PHOTO  -  475 words
    • 282 11 JAKARTA Reuters INDOTOSIA'S international phone operator PT Indosat said yesterday that the government might seek a strategic partner for it, adding that six foreign parties had shown general interest in one of the state's crown jewels. Under the government's faltering privatisation programme for
      Reuters  -  282 words
    • 430 11  -  From Shoeb Kagda in Jakarta AS emerging market assets lose their shine in the current global environment, Indonesia faces an uphill task in implementing its privatisation programme, but not going ahead with it would prove more detrimental for the country in the
      430 words
    • 129 11 HONGKONG AFP BEIJING is inviting Hong Kong businesses to bid for projects worth some US$9 billion, it was reported yesterday. The offers were to be extended to some 300 entrepreneurs from the territory at a two-day meeting on economic cooperation between China and
      AFP  -  129 words
    • NOTE Book
      • 60 11 Biloomberg [JAKARTA] Indonesia's Parliament passed a law to end oil and gas company Pertamina's monopoly on ftiel supply and may boost the share of oil given to foreign contractors that operate fields in the country. The law may give foreign companies a
        Biloomberg  -  60 words
      • 74 11 AFX [KUALA LUMPUR] United Engineers Malaysia Bhd (UEM) is reviewing its decision to bid for the Bakun hydroelectric project in Sarawak, Malaysian Business Times quoted its executive director Ramli Mohamad as saying. "We're seriously thinking about whether we want to bid for that because if s
        AFX  -  74 words
      • 65 11 Bloomberg [BEIJING] Victor Co of Japan will shut its television plant in China, becoming the first foreign company to stop TV production there amid increasing competition. Victor, which makes televisions and stereos in China under the JVC brand, said it win close Fujian JVC
        Bloomberg  -  65 words
      • 65 11 Bloomberg [JAKARTA] More than 12,000 Indonesian textile workers have lost their jobs because of slumping overseas demand since the Sept 11 terrorist attacks deepened a global economic slowdown, said Lili Asdjudiredja, executive director of the Indonesian Textile Association. Overstocked Indonesian textile groups are slashing prices
        Bloomberg  -  65 words
    • 403 12  -  He also warns Asian conn tries against overspending Fnxml Audrey Tan in Hong Kong WORLD Trade Organization (WTO) incoming chief Supachai Panitchpakdi yesterday blasted Apec countries for not implementing the promises they make each year, and said that Asian countries were in danger
      403 words
    • 238 12 Dow Jones Newswires [KUALA LUMPUR] Kulim (Malaysia) Bhd, a Malaysian palm oil and rubber company, said yesterday it plans to list unit New Britain Palm Oil Ltd on the Port Moresby Stock Exchange in Papua New Guinea. In a statement to the
      Dow Jones Newswires  -  238 words
    • 402 12  -  Genting, MGM Mirage, Las Vegas' Venetian, US casino king among bidders From Audrey Tan in Hong Kong TWENTY-TWO bidders have emerged for the three lucrative casino licences being offered by Macau, as the territory prepares to end tycoon Stanley Ho's 40-year monopoly of
      402 words
    • 340 12 Reuters [HONG KONG] Sixty per cent of Hong Kong companies will freeze wages next year amid the global economic slowdown and many others are scaling back planned pay increases, according to a survey on pay trends in the territory.
      Reuters; REUTERS  -  340 words
    • 347 12  -  Former Home MD Pee Kang Seng fills position Prom Eddie Toh in Kuala Lumpur MALAYSIAN tycoon William Cheng Heng Jem has loosened his grip on his indebted flagship Amsteel Corporation, when he resigned as managing director last night. The 58-year-old businessman, who has
      347 words
  • Article, Illustration
    1152 11 Transaction date: Oct 23 c$ [w» Ffr M Hi llfttefclfti Yw Won KM ig$Nfc»» Ptso S$ t— Sir ICT$ MtPwK US) A*trii» 0.804 4225 0571 1748 1117 3.971 24.439 5U79 0.624 6542 1935 1218 ***** 26.438 0.930 4.856 0J47 17.594 22J07 0J58 0 509 Cm* 1244 5257 0.711 4563
    1,152 words
  • Page 11 Advertisements
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    • 74 11 BBBm Singapore HHgffil Accountancy HH9 Academy afUnBDmHKHteHkt^MIK SAA wfl be CMdertiM a coapelmßive rone of (hvtinrf Hndd AJyst sarin? rf $50 pr safer TU r 1 Tnmlrr ItliiJi i Iw® >emmar topics hcimns ETHICAL AND PROFESSIONAL STANDARDS QUANTITATIYE METHODS ECONOMICS FINANCIAL STATEMENT ANALYSIS CORPORATE FINANCE ANALYSIS OF DEBT INVESTMENTS ANALYSIS
      74 words

  • 1732 12 8XC0M FUTURES Oct 23 RIMER (Mares ctatof is tf5J0pm) RSS1 CONTRACTS cenb/kgj Close VDai OpM MobOi Mgk Low Sett (toots) Irtorert MqvOI 97.00 50 Dec 01 99.00 J* 02 100.50 Fefc 02 ***** RSS 3 CONTRACT (US ccatj/lq) VotaM OpM Mm Ht» I— Sett (to—OS) Iwtorost Ito* 01 5175
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  • WORLD news
    • 509 13 MURRAY HILL, New Jersey Q4 losses soar; company expects restructuring to bring back profitability Reuters TELECOMMUNICATIONS equipment maker Lucent Technologies Inc yesterday posted a fourth-quar-ter operating loss and took an US$B billion charge as it restructured amid the gloomy telecom slowdown. The company lost US$9O9
      Reuters  -  509 words
    • 322 13 TOKYO Spending cuts may follow, prolonging country's recession Bloomberg JAPAN'S consumer confidence fell in September as unemployment held at a record high and wages declined, suggesting consumers will spend less in coming months and prolong a recession in the world's second-largest economy. The government's
      Bloomberg  -  322 words
    • 271 13 Reuters [FRANKFURT] German auto giant DaimlerChrysler AG yesterday posted third-quarter results which beat market expectations, and said it would at least meet the lower end of its 2001 profit forecast range. The world's third-largest car maker said third-quarter adjusted operating profit climbed to 666 million
      Reuters  -  271 words
    • 178 13 NEW YORK Reuters FINANCIAL services group American Express Co said on Monday that third-quarter profits slid 60 per cent as people and companies curbed spending and travelling after the Sept 11 attacks and the weak economy led to a big charge to
      Reuters  -  178 words
    • 193 13 Reuters [IRVING, Texas] Exxon Mobil Corp, the No 1 US oil company, yesterday posted a 22.6 per cent decline in thirdquarter earnings, with a downturn in demand, as well as overproduction by the Opec cartel, contributing to falling prices for crude oil.
      Reuters  -  193 words
    • 519 14 WASHINGTON US companies send investors more profit updates under the fair disclosure role Bloomberg ANALYSTS' forecasts are more accurate as US firms send Wall Street and small investors more profit updates under a rule giving all shareholders equal access to news that may move stocks.
      Bloomberg  -  519 words
    • 420 14 Hi brolror iMfltjfi— com 'idbt opt for sabbatical Bloomberg [NEW YORK] Merrill Lynch Co offered employees up to 54 weeks of pay and 40 per cent of last year's bonus to quit, as the biggest securities firm
      Bloomberg  -  420 words
    • 262 14 Bloomberg [WASHINGTON] Signalling that the US Securities and Exchange Commission will consider an overhaul of its 67-year-old system of quarterly disclosure filings, chairman Harvey Pitt said on Monday that the SEC would study whether it should require companies to make periodic financial disclosures
      Bloomberg  -  262 words
    • 250 14 Reuters, Bloomberg EUROPEAN and Asian steelmakers said they will protest a ruling by a US trade panel on Monday that cleared the way for President George W Bush to impose import restrictions on key steel products by early next year. In a case that
      Reuters,; Bloomberg  -  250 words
    • 346 15 Analysts say AIG seems to be driving tougher bargain after US attacks Reuters [SEOUL] American International Group (AIG) has pulled out of a due diligence study to buy three Hyundai Group financial units for US$B5O million, Hyundai said yesterday, putting in jeopardy South Korea's largest foreign
      Reuters  -  346 words
    • 284 15 AP [STAMFORD] Jack Welch, General Electric's retired chief executive, has added another achievement to his formidable resume: his new book is on the New York Times list of bestsellers. Mr Welch, who received a US$7.l million advance for Jack: Straight From the Gut,
      AP  -  284 words
  • 5085 13 Transaction date: Oct 23 for more, go to iiswwxisiaorienmar/cetsuxmi HONG KONG V«i HK$ rOOQ> AcrossAsia Multimedia—. 0.40 -0.03 212 Alpha General 0.03 unch 5760 Amoy Prop 8-15 0.40 2804 An*nda Wing On 0.06 unch ***** Angang New Steel H 0.94 0.10 ***** Anhul Conch H 1.60 0.15 7421
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  • Page 13 Advertisements
    • 171 13 Thursday>Nowmbtf2ool Motm.-4.lspjn. HotellnterCowtinwital,Singipore Tax strategy, planning and compliance form an important part of cross-border ventures for businesses. As mors and more companies today are expanding their businesses into other countries, it pays to be updated on the tax laws and systems in these countries. The recent surge in Mergers and
      171 words

  • 2503 14 Transaction date: Oct 23 KUALA LUMPUR V«i WW cooot At M Realty 0.75 -0.02 2 Afirtc 1.76 unch 125 AC P Industries 2.73 a01 74 Advance Synergy 0.45 0.01 135 Affin Holdings 0-23 uncti 38 Ahmed ZaM Res 3.70 unci) n A(C Corp 3.64 unch 3 Aikbee Rm 2-39
    2,503 words
  • 684 14 Transaction date: Oct 23 m o—» »iii— m ow On. «C out 2M0 «0040 MatStMt soc air 0.7*0 L4» L4M *0.040 OCK KMS ♦O.IOO CMrt MCM LM 1500 *0v«0 OUC OSS MM «-ai0C i2 MbS 29c om o.mo «aos CrcatWt T 25c 0«4i 1000 *0200 S6X It OAS 10)0
    684 words
  • 644 14 BONDS WARRANTS S f— a*i m* tmrn mi A5T1W*****1 17 1 H in 12 Amtak MTO***** 215 05 77 1 33 12 2.04 44 Arm«rongW(M0520 S3 1 10 55 142 31 A»afoodPW*****2 1 1 164 22*6 7.00 Bar 6SSA*****1 10k 104 I« 6 5% >*****01 10k Bayonta Tach ltd W*****7
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  • Page 14 Advertisements
    • 421 14 mm *t vm LOST SHARE CERTIFICATES The following share certificates have been reported lost, destroyed or mislaid:HONG POK CORPORATION LIMITED CtrtMlrateNa, Num Hn nfl—Tl *****58 Lui Wen Leng 1 x 200 *****67 -do- 1 x 50 *****14 Tsemg Chiu Kwan Ixlooo *****15 -do- Ixlooo *****16 -do- Ixlooo *****65 -do- lx
      421 words
    • 187 14 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SCSI INNOVATIONS PTE LTD (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN that the Final General Meeting of the abovenamed company will be held at 6001 Seath Rood #12-02 Oolden Mile Tower Singapore *****9 on Monday,
      187 words

  • 2688 15 Transaction date: Oct 23 for live prices, log on to iiw/wxisiaoriemarketsuxmi ■y- c —fr is a jt u, ars. j a -5 s a ,5 zr*. a a -r u. ara, as 9 AINAmroNLG Sic 9- 3.4 131 115 145 rjMAmrrK uc 21 iS :S»K8S.=r ni i S
    2,688 words
  • 45 15 S5 umQmh n» nt m <Z »m *T £*ca w- f« I* N» I*r Cw m *3*5 ***** 10*50 t Ovmondi USMOOtf wo an jsojusTwti umbo 471 o SB 440 I BMSO Spare US4SO »*> mo IISMT usMno. 1J150 9K0 I 9MB us *****
    45 words
  • 1224 15 J2 fSL -J* <£ *2 ?=ea $*L_2fc (11 Hi N> M» CV m a (S J* c 007 145 14 M 145 5 It 1.7 43 a 14 12 t AP09 St 145 undt 110 15 145 145 15 3.7 117 IS '2 "J 5 39 37 375
    1,224 words
  • 285 15 M l*«t ..jWj Of LartQMta W* H« YM M Mta Hm» L— c—»«* tan roop) hnh t— mm> cy $3 *0- *yj—***y ScA J® 78 40 33 143 4J 150.7 C4tt6*P»e20cHK 710 269 2.1 TA 6 2436&2 OwwiWnfSOetW 17»0 240 U U 3 *****3 M S CRy* SoMtam
    285 words
  • Page 15 Miscellaneous
    • 208 15 CRYPTIC CROSSWORD ACROSS 2 So Laura creaks excitement (7) 3 Birds that cant fly are somewhat bemused (4) »nd (5) YESTERDAY'S SOLUTION 4 Set up a do-it-yourself course in 16 Sign for some scales (5) Across: 8 Farm, 9 Ait, 10 Unable, 11 Jewish language (7) 20 Rush forward to
      208 words

  • BT motoring
    • 398 16  -  CARNiriMM Singapore's strategy to promote environment-friendly cars could directlv benefit other sectors christopher tan THE automotive Industry has been toying with alternative power sources since the car was invented. But now, after more than 110 years, it looks like petroleum's dominance will be
      398 words
    • 327 16  -  All reports by Christopher Tan BATTERY-POWERED cars and hybrids that run on electricity and petrol will eventually be part of the motoring landscape here. But so far, only Toyota's Prius and Honda's Insight both hybrids are available here. A handful of Priuses have been
      327 words
    • 423 16 It can be used to replace petrol or generate electricity HYDROGEN, the most common element in the universe, has been identified as the ultimate clean fuel. It can be used either directly in an internal combustion system, or chemically to generate electricity.
      423 words
    • 317 16 NATURAL gas, found in far greater abundance than oil, could soon replace diesel as the ftiel of choice for commercial vehicles. And if a trial starting as early as December goes well, the fuel may find its way into passenger vehicles too. Taxi
      317 words
    • BUMPER to BUMPER
      • 81 16 GENERAL Motors has launched the Chevrolet Cruse in Japan—the first car jointly developed with partner Suzuki Motor. Assembled at Suzuki's plant at Kosai, west ofTokyo, it is also the first GM passenger car built in Japan since 1988. US car-makers pulled oat of Japan
        81 words
      • 128 16 A NiSbAN campaign to seu a new model has backfired amid America's anthrax scare. When accountant Michael Friedman opened his mailbox on Oct 9, he found a lumpy white package with Nissan's name on it and an "Rx symbol denoting a medical prescription. Inside
        128 words
      • 72 16 NIPPON Telegraph A Telephone and Honda Motor have developed a car navigation and telecommunications system that will be fitted to Honda vehicles as early as next year. The system, which uses voice-recognition technology so drivers need not take their hands off the wheel, allows receipt
        72 words
      • 83 16 THREE Volkswagen models have come out the top of their class in a J D Power customer satisfaction study in the US. Hie new Beetle was top in the compact category, as it hai been since its launch in 1998. The Bora, sold in
        83 words
      • 84 16 THE Saab 9000 has emerged first in a study of rust resistance carried out by the Swedish Corrosion Institute. The institute sawed pieces from 20 different 1994-1997 cars and examined the degree of rust in spot-welds and sheet folds. Saab 9000 was tops among the
        84 words
      • 61 16  -  Christopher Tan PORSCHE has agreed to support the Munich Goethe Institute Inter Nationales to make German more attractive as a foreign language abroad. The sports car maker will give one million marks over 10 years to support a multimedia languages-learning programme jointly developed for worldwide
        61 words
  • Page 16 Advertisements
    • 81 16 We've Driven Car Finance LOWER than Anyone Else- a.2%* 1 for up to 5 years, our New Car Finance Scheme is the lowest in town. Call us today to find out more. a*a*ff**iß&fli SINGAPURA BUILDING SOCIETY LTD Head Offlc# Cecil St 880 0688 Email mktg@sbsl.com.sg Our Branch** Ang Mo Kio
      81 words

  • PERSONAL investment
    • 566 17  -  Those who have been burnt uUßiiy will be glad to know that there is recourse for alleged mis-selling or improper advice. GENEVIEVE CUA reports GENEVIEVE CUA PROFESSIONAL groups whose members advise retail investors have ethics codes and standards of conduct, but these have few teeth in
      566 words
    • 1210 17  -  INSIDE rTETS T5 El Buyers also active, in Kl, New Wave, FJB; buybacks in KimEn&PSC By] Robert Halili The writer is managing director of Asia Insider Ltd. He is assisted by Ngia Soon Chai in Singapore [SINGAPORE] Profit taking emerged over the last two
      Source: Asia Insider  -  1,210 words
  • Page 17 Advertisements
    • 525 17 Where to wine, dine and entertain..."-?(o>&» !fiSl2££3Si£2 fill moSSS The perfect time to relax and unwind Happy Hour at the Garden Terrace poolskfe bar With our buy-one-get-one-FltEE* special from 5.30pm 7.30pm (Monday Friday), you'll want to raise your qlass to our wide selection of concoctions. Better still, bring your colleagues
      525 words
    • 79 17 ODYSSEY IN SICILY Italian Promotion 17 to 28 October 2001 Set Lunch: $35 4-course Set dinner M 2* (incluslve of a glass of wine) JjE Set Gastronomlco: 128* fn (inclusive of 2 glasses of wine) ,V* A-la-carte dinner Is also available. *SZT Reservations: 831-6258/88 w 333 Ochwd tkmi. iiww imv
      79 words

  • EXECUTIVE money
    • 915 18  -  Short-seMng strategy gains 6% return whii6 avoragc equity fund loses 10% and bonds slip 0.8% By l Genevieve Cua (SINGAPORE] Hedge funds held their own through the market turmoil in September, with the short-selling strategy delivering the highest return of as much as
      915 words
    • 1315 18 THE greatest risk that life companies grapple with today is that of mispricing products which could arise from faulty assumptions of long term in vestment returns, says OAC chief executive Law Sons Keng. "When you price (a plan), you make key assumptions about morbidity,
      RICHARD CHNG  -  1,315 words
    • 195 18 'I bought one whole life policy when I first started work. At that time, I bought a sum assured that was four times my annual pay, so it was adequate. I found out recently that I had as many as 10 policies —a mixture of life and
      195 words
  • Page 18 Advertisements

  • Page 19 Advertisements
    • 121 19 I-. 1 t'»i I liderstand the climate and r premium currency r cr~ :"e can* :r.at ~j«es .cu .vea'^v deposit 1> 4 io o 1/1 of f "I 1 m u/ ill "/a 1 r ob, lit- r e .--j 3tm 'I) »"t 0 I U i •-v.s '.on ac'.-"'
      121 words

  • INVESTING 2001
    • 1904 20 TOTAL SHAREHOLDERS' RETURN* wm wc**. —«.-r™— C0I,PW,Y .2!", RAH* OVER RANK OVER RAM COMPANY OVER «2*flSllS«0«* RANK ,T,(%) 3TRS(%) 5YRS(%) IttffB IW(%) SmflM ABR -418 286 -105 237 -318 203 LMHMMi U 2M 00 56~ Ace Dynamics -208 193 117 09 -203 208 Let Metal -36J 257
      1,904 words
    • 313 21  -  The inaugural BT/LEK Shareholder Value Scorecard gives an unambiguous guide to investors and companies Paul Chan MANY pieces of information are vital in the investing puzzle, but perhaps none is more helpful than finding out how much real value a company created or destroyed in a given
      313 words
    • 295 21 LEK Consulting THERE is a proliferation of measures used by business publications to present company performance rankings. These vary from ranking revenues, profits, assets and sales. None of these measures mean much to the owners of the companies the shareholders and investors. Even share price changes are
      LEK Consulting  -  295 words
    • 809 21  -  Bu( COLIN SMITH, BOB NEAPOLE THE first 18 months of this century have certainly been remarkable in terms of shareholder value creation and destruction. From the dizzy heights of Internetdriven euphoria to the lows following Sept 11, global stock markets have seen
      809 words
    • 300 21 How regional enery teico companies stack up EXCHANGE/NAME MKT CAP' TSR(%) EXCHANGE/NAME MKT CAP* (US 3YtAR 5VEAR (USS) 1 YEAR 3 YEAR 5 YEAR Msia Tenaga Nasional 7,154.5 -29 >21.0 -3.0 Aust Telstra Corp T7,492.8 -17.1 +13.0 ***** +355 +332 +212 S'port S'pore Tttecoms -2\4 jjyj
      300 words
    • 466 22  -  SVS RANKINGS By* SHARAD APTE, COLIN SMITH Sharad Apte is a director of LEK Consulting THE growing emphasis among Asian corporations on creating shareholder value has led many companies to move away from traditional accounting-based measures such as EPS (earnings per share) or ROE (return
      Source: LEK Consulting  -  466 words
    • 284 22  -  By SIMON BARRETT COLIN SMITH Simon Barrett is a partner at LEK Consulting THERE is now a highly competitive global market for senior executive labour. Like it or not, companies must continue to offer sizeable compensation packages to attract and retain the most talented
      284 words
    • 825 23  -  MAHEMDRAM NATHAN looks at the allure and the uncertainties of China's asset management market MAHENDRAN NATHAN Mahendran Nathan is director regional head of business marketing (Asia Pacific ex Japan), SG Asset Management CHINA'S entry into the World Trade Organisation, coupled with the pace of state reform, will
      825 words
    • 1041 24  -  What exactly are Exchange Traded Funds? What are their advantages and drawbacks? And who should invest in them? ben fok provides some answers BEN FOK Ben Fok is executive director ofFraser Financial Planners Pte Ltd THERE are two bugbears for investors in unit trusts. The
      REUTERS  -  1,041 words
    • 762 24  -  Approach sector investing in a rational manner and don't be swayed by trends, advises susamsoh SUSAN SOH Susan Soh is a director with Merrill Lynch Investment Managers THE dotcom era that peaked early last year marked the beginning of a widespread acceptance of sector investing. Influenced
      762 words
    • Article, Illustration
      1008 25  -  The Tokyo government is living in a state of denial, says grace yeo GRACE YEO Grace Yeo is a senior portfolio manager with UOB Asset Management WITH the terror attacks in the US, the sense of crisis in the Japanese economy and stock market is reaching a
      Source: UOBA—Asset Management  -  1,008 words
    • 699 25  -  European markets are likely to finish the year higher than at present levels, predicts john botham JOHN BOTHAM John Botham is director of European equities, Henderson Global Investors IN the wake of the Sept 11 terrorist attacks, equity markets plunged to levels unseen since
      699 words
    • 1863 26  -  What is the market outlook for Singapore in the coming months? kevim scully takes a closer look at both the local and global economies, and offers some stock picks KEVIN SCULLY Kevin Scully is managing director of NetresearchAsia THE recent sharp recovery in global equity markets, including
      1,863 words
    • 609 26  -  By\ BRIAN VERLAAN Brian Verlaan is head of fixed income research, global markets, Standard Chartered Bank ONE positive factor emerging from the 1997 Asian currency crisis was renewed enthusiasm for the disintermediation process. As a result of a credit crunch, Asian corporations have been replacing short-dated
      609 words
    • 1282 27  -  Economic jitters following the Sept 11 attacks are turning the risk of world recession into an emerging reality, taysoo how examines the impact of these fears on the global and Singapore bond markets TAY SOO HOW Toy Soo How is head offixed income at Citigroup Asset Management in
      AFP  -  1,282 words
    • 1051 28  -  The life insurance sector is going through various transformations while the non-life sector is in for more tough times, melissa mackey outlines the latest developments MELISSA MACKEY Melissa Mackey is associate director, financial services ratings. Standard Poor's Ratings Services THE Singapore insurance market is among the most
      Source:  -  1,051 words
    • 789 28 Despite possibly lower projected returns, policyholders snould not give up their life insurance plans LIFE insurers are facing pressure to maintain bonus rates on participating life insurance plans the plans that share in the company's profits. Major insurers were forced to cut bonus rates
      789 words
  • Page 20 Advertisements
    • 70 20 A total HWH H H H Zealand, UK and Singapore, including 24-hour You can advantage of our high-yielding Dollars, Call us on 1800 433 6875 or fax: (65) 336 0067 for an obligation-free consultation. Email: ufirst@nabasia.com Website: www.nabasia.com 5 Temasek Boulevard #15-01 Suntec Tower 5, Singapore *****5. National The approval
      70 words


  • Page 22 Advertisements
    • 383 22 Choose from four special deposit offers in sterling and US dollars <9 Available for a limited period, special 3 or 5 year equjfy-Jmked deposits providing returns lOON c*£<+ai security through the potential stoc* market growth of etther f SAP 500 or FTSE 100 on potential earnings or annua* charges For
      383 words

  • Page 23 Advertisements
    • 663 23 The CMG First State that your portfolio is always working to give you And don't forget this is a CPF Investment Scheme Global Balanced Fund the best possible returns. And by selecting only included fund. You can invest with your CPF CMG First State is a blended portfolio top rated
      663 words

  • Page 24 Advertisements
    • 244 24 Dynamic US Continuum Fund lhe Next UiMirr.it ion Investment hi nit Is Here lii 1 t i i i, .H; 1,» .i j i T.;' i. i > t>. i\ i ,>: i .i i; i•i, i ii.u. i: 11 >"«' j' <' 1 k ,ir\ i n v i;}
      244 words

  • Page 25 Advertisements
    • 311 25 «> V*. V Citibank's US Dollar Time Deposit rates are now guaranteed to go up for the next two years'. t -f ">-» -v t 3.25% pA 3.0% p a. rnoflt* 1 i It's really positive to note that in times when rates are moving downwards, your rates are guaranteed
      311 words

  • Page 26 Advertisements
    • 55 26 Single STOCK Futures Trading begins on 26 October 2001 CALL YOUR BROKER' NOW! Sponsoring Brokers: G.K. Goh Futures (S) Pte Ltd Man Financial (S) Pte Ltd OCBC Bullion Futures Ltd Ong First Chicago Pte Ltd Phillip GNI Futures Pte Ltd Refco (Singapore) Pte Ltd Sassoon Financial Futures Pte Ltd UOB
      55 words

  • Page 27 Advertisements
    • 512 27 > I 1 ABN AMRO Best of World Protected Fund TRIPLE PROTECTED investment in S$ You'll get the higher of 107.5%* of your investment at maturity or the potential ir" ***** Capital Protection* gain from the best performing index. With the S&P 500, DJ EuroStoxx 50 7.5% Protected Returns OR
      512 words

  • Page 28 Advertisements
    • 406 28 mil Kviiii WM Lv mm w^^sn Whether in good times or bad, your money should never stop working for you. And Asia Life's funds are here to help you achieve that. With our impressive track record*, you can be assured that your money is in good hands. Relative to the
      406 words

  • SHIPPING TIMES
    • 266 29 Reuters THE Baltic Dry Index (BDI) shed one point to 907, the Baltic Panamax Index (BPI) was unchanged at 891, the Baltic Handymax Index (BHI) fell 16 points to 7,053 and the Baltic Capes ize Index (BCI) was down two points to 1,043. ♦NaSTftuilt™) 179,836 dirt delivery Singapore
      Reuters  -  266 words
    • 258 29 wmmmmamm «t>a *f- m CWT Distribution 0.50 OCT 10 ChuanHup 0.32 uncti 277 Cosco Investment—Oil 0.02 MO Freight LHu OlM uncti 836 G8Hoidingj 0.39 undi 0 MC HoMtaga-HK UO UK* 0 JtyMoMhm aw 0.01 725 uwicmv ioe aw 4950 jugdSS&e 071 0.01 1982 KegpeiTato 109 uncti 1077 mroyMwlM
      258 words
    • 619 29  -  Luxury cruise line has international client base, making it more resilient to industry downturn By Donald Urquhart [SINGAPORE] While the global cruise industry struggles to stay above water in the wake of the Sept 11 terrorist attacks, niche players like luxury line
      619 words
    • 383 29  -  Non-nnionists claim they were deceived by former employer during 1998 strife By\ Beth Jinks [SINGAPORE] Dubai-trained stevedores who were labelled "mercenaries" by striking Australian dock workers during the crippling 1998 waterfront industrial strife, are now suing their former employer, Lang Corporation. The non-unionists, many of
      383 words
    • 217 29 [SINGAPORE] The European Union (EU) has plans to introduce new legislation to prevent substandard ships entering its waters, its energy and transport director general Francois Lamoreux said at a conference. While not elaborating on what specific regulations and surveys would be toughened, Mr
      217 words
    • 328 29  -  By\ P T Bangsberg CHINA is stepping up the pace of construction of Shanghai's international shipping centre, based on an ambitious plan to create a virtually new port at Yangshan in neighbouring Zhejiang province. The first phase of the project is to
      FILE PHOTO  -  328 words
    • 245 29  -  By] Beth Jinks [SINGAPORE] Containerised cargo imports into Australia's biggest city, Sydney, will increasingly be transported by rail in a push to boost efficiencies by Sydney Ports. General manager of commerce and logistics for Sydney Ports Simon Barney said port
      245 words
    • PORT Shots
      • 152 29 AP ISAU f AUiAJ v orazuj unions w ciean up a petrocnemicai > spill at one of Brazil's busiest ports are con tinning, said government-run oil company Petrobras. Nearly 4004)00 litres of the highly flammable petrochemical naphtha spilled into the Paranagua Bay last Thursday when
        AP  -  152 words
      • 65 29 [SINGAPORE] More than US$42 million worth of cocaine has been seized onboard a German-owned container ship by Mexican authorities. The 489 kg haul was uncovered by sniffer dogs in a container cm the Antigua-flagged Columbus Hong Kong, reportedly operated by Reederie Bertram Rickmers of Hamburg.
        65 words
      • 86 29 [SINGAPORE] Korea's shipbuilding giant Hyundai Heavy Industries (HHI) and its subsidiary Hyundai Mipo may be separated from its parent Hyundai Group. Last week the parent company revealed it had sought permission for the break-up from the Fair Trade Commission by the end of
        86 words
    • 819 30  -  STRAIT TALK By Seafarer IT IS the issue that will not go away. Last week, the president of Baltic and International Maritime Council (Bimco) wrote a letter to United Nations (UN) secretary general Kofi Annan, demanding action on piracy. Michael
      REUTERS  -  819 words
    • 234 30 PAGC Ahrenkiel to InMMhin C Assets 5 Avant to B'tangMas 6 BSA 7 BSC 9 BTL 10 Baiap 4 Batamndo 9 CMACCM 3 C0SC0 3 Central Ex 6 Chahaya io ClwiaShpg 5 Confer 10 Cooqar 7 CVT Globefcnk 6 Dettnas 4 tyak Lloyd 6 Qnngiwr>i 3 EP
      234 words
    • 12930 35 THEBUSINESSTIMES thebusinesstimes EXPORT ETA ETA Advartlsar Vassal Voyage Telephone ■r* wJBli i N m Numinf Number To ABIDJAN (ABJ) 2003 Cot* D'I voire 31/10 21/11 MOL PIO NED SEOUL 0502A 45-*****86 31/10 07/12 CMA CGM NORASIA SINCA MMW 45-*****00 31/» 15/12 COSCO HUMEN BRIDGE 0022* 65-*****00 05/11 07/12
      12,930 words
    • SHIPS IN PORT
      • 599 39 Voy No Btrth Arrival Dcpar Jn| Nrt S* C***« *****0 Jtt 23/I0/5J5 23/IO/K Oumn J 1724 M 23/10/805 23/10/2 C HoqrtiS 230ct JK) 23/10/8:30 23/10/* t*» 2101 JI4 23/10/830 24/10/8 MJM J04 23/10/8:15 23/B/17 ■tatar 8 I07S01 J03 23/KV7J5 23/10/1 Bt tar Aqung Oc123 J01 23/IQ/lt20 23/10/15 M1255
        599 words
      • 1790 39 RECEIVING Of EXPORT FCl CONTAINERS AND LCL CARGO en- U ri Bo<*kn/gil«i Rstls Vo Etto/Btr Nrtod from To from •CIDAHUA 04V 2<*00 22/1900 22/1*59 22/1900 a 23fo«9 2i/o*c 22*700 21/0*59 23/0900 I 21/0700 23AM 2VM00 iami *m 2Vtoo i afijjj 2* 22/1700 21/0*59 23/0*0 22*700 21/0*99 23/0*0 J
        1,790 words
      • 206 39 October 25 Hongkong: Chung Yeung Festival Taiwan: Retrocession Day Ooteber 20 Ireland: Halloween Weekend October 31 Taiwan: President Chiang Kai Shek's Birthday Nmwkirl Belgium: All Saints Day Finland: All Saints Day France: All Saints Day Italy: All Saints Day Philippines: All Saints Day Naviabw 3 Japan: National Culture
        206 words
      • 797 39 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 indicated. The Cockett Bunker Price Index change and the individual
        797 words
      • 462 39 C HO Mai 977.1 0.4 14.5 0.06 34 0.04 <*** Water teste* Art Ai—tetei Mwg No above £25 0 0 0 0 0 0 M/M 380 Aw 987.4 02 M.I 0JJ7 26 0.02 In 380 Max 9912 0.6 (7.4 0.10 47 0 04 W1 M/U %H/K
        462 words
    • AIR & LAND transport
      • 292 40 AFP [AMSTERDAM] The Dutch airline KLM and British Airways are seeking ways, short of a full alliance, jointly to reduce costs and boost revenues, KLM spokesman Bart Koster said. "We are in no way involved in talks which would lead to an
        AFP  -  292 words
      • 366 40 Regular flights on London-New York route to begin Nov 9 Dow Jones [LONDON] A British Airways (BA) Concorde completed a round trip from London to New York on Monday, the supersonic jet's first trans-At-lantic flight since service was suspended last year after a crash near
        Dow Jones; REUTERS  -  366 words
      • 180 40 AFP [HONG KONG] A China Airlines (CAL) Boeing 747 was stranded at Hong Kong international airport yesterday after suspicious white powder was found on board, a spokeswoman for the civil aviation department said. "Police and firemen were called in after the crew of China Airlines
        AFP  -  180 words
      • 690 40  -  Passengers wan t information access, smooth connections and alliances with new technology will have an edge By\ Beth Jinks [SINGAPORE] Airline alliances must find better incentives to attract new members and differentiate themselves from competitors, according to the world's biggest grouping of carriers.
        CHRIS LOH  -  690 words
      • 434 40 Industry needs to find new sources of revenue and prepare for recovery [SINGAPORE] Airports worldwide experienced between 20 and 25 per cent declines in passenger and cargo traffic following the September 11 events and now face a major challenge to come up
        434 words
      • 322 40 Reuters [MANAMA] Regional carrier Gulf Air said it planned to reduce its fleet to 26 aircraft next year from the current 30 aircraft as part of measures to cut costs amid the global economic slowdown. Gulf Air chief executive Ibrahim al-Hamer
        Reuters  -  322 words
      • 1584 40 an maw m maw ni MMMt IH6301 aso «a» *■Htirtta SC23 MB UUt 2255 Uffl 0»55 SO 36 2345 UB37 1455 Ittmmmfm MB M teckiM* *****6 2045 N242M 2045 mm ioc mm mm >—■>» trm tra —f*IM »VCU4i Q30 M*M47 0755 SHmh M07 noo S0*2 0X0
        1,584 words
  • Page 29 Advertisements
    • 144 29 'The challenge for alliances is to differentiate ourselves from V each other. TO Alastair Carthevv Communications director Asia-Pacific, Star Alliance Investment Opportunity I For Sale, ship repair centre in busy West European port directly from owners Land surface in excess of 370,000m 2 Lease until 2048 with indexed annual lease
      144 words

  • Page 30 Advertisements
    • 725 30 I TP USA/CANADA I I EXPORT I OTHER DESTINATIONS I visa vot I pro Icnswi towsmo» I—hblokaco Iwbvtom] to auwmiu (mmtiui,h fxpuwn 00awu« 44(44 30/10 31/10 I U/il 10/11 11/11 11/11 71/11 74/11 ugjH 1 vov I «c —IBMI —m —r~S ——<w ——=s—[—5 —[—3 00a MOW 54(45 04/11 07/11 I
      725 words
    • 641 30 Lines services represented by Member* of (he Rag.stry of #Membenofthe ifgff Accredited Shipping Agenh, Singapore logistics Singapore Shipping Asjooahon Associate Q UtY UNi MAU visa Tvor rs flu flu P- KLAUG STOK Httf Princess Lity VOBOl 02/11 03/11 11/11 Empress Lity VO9Ol 19/11 20/11 28/11 Princess Uly VlOOl 03/12 04/12
      641 words

  • Page 31 Advertisements
    • 960 31 ZjLfrZZ TO EUROPE FROM EUROPE IvKsn vot Is« to ami ham wv sou ibT~| Ivcsa voy n» um mm m sou ta awl MOIMAAS S44W 24/10 11/11 13/11 14/11 17/11 ATI JAM 10SC 07/10 05/10 02/10 OJ/10 25/10 HYUNDAI UOStTY 30SW N/10 IS/11 17/11 20/1114/11 HYUNDAI GBOAL 333E 05/10 01/10
      960 words
    • 1403 31 w AMII T/f ttMn J XiMi 1 T/Vlll MVf I V AOAIA f/T 113 IftVS J GENERAL AGENTS M SINGAPORE: 10 ROMNSON RD f 11-00 SALES/WGS TEL 4205*57/43 FAX: 23*5321/71 MALAYSIA Of FKI s MS* GUOANG TEL 07-35U144 FAX: 07-353*170 COSTAR SNIPPING PTI LTD *»*GAPO«E 04*S9* OUTWARD {*/u 4205*02 23*5325/75
      1,403 words

  • Page 32 Advertisements
    • 1007 32 C SENATOR LINES IQIUtOPI TOA(MDOfIAST/KAN/»g>SiA WM Ivor lai Imi In»| am I ham |my I m [ma vot I ai 1 m I tn 1 b I w ranwusßuroa wim hi* m.ii 11.11 it.ii nil 14.1t 15.11 nabam ooitw 77.1# u .n SsTi ilii luT~ NMUH HJZAKIM MSfW T4.lt 17.11
      1,007 words
    • 730 32 Carrier MN CONTR LINES, MC p. guqang: (ot) *****26 LJ\/ I wmi'linilllll B®U: (064)*****6 MAMLA: (632)*****24 PENANQ: (04) *****36 BANGKOK (662) *****67 SURABAYA: (31) *****11 E KELANQ: (03) *****77 JKTi (21) *****46 KUCHWQ (062) *****1-3 MOJI/HAKATA MARSEILLE MV "WAN HAI 165" V.N047 MV "MARFRET PROVENCE" V.1387 "A SIN; 29-10-2001 ETA
      730 words
    • 364 32 WEEKLY EXPRESS SAIUNG SCHEDULE WESTBOUND TO: COLOMBO A NHfIM SHEW (CPS MULUND, MUMMI) ALSO ACCEPTORS TO ALL NOftTNERN AND MfESTENR CO POMTS vßsanoi i— |-nirmn| iirmumi In—w gjg va-mm loufwuy mm t»oct o7mov nn mum mucmm MSSBSWUII37 ffl MBS WIS KNOT 14 MOV 17 MOV MMMQ UWCMM HWSHWCTMVIU B7 lUZUANEMtESS
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  • Page 39 Miscellaneous
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