The Business Times, 28 June 2002

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Total Pages: 40
1 40 The Business Times
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  • Title Section
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    14 1 THE BUSINESS TIMES MITA (P) 010/03/2002 SINGAPORE I Internet: http://business-times.asial.com.sg FRIDAY, JUNE 28, 2002
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  • Article
    Lock icon MARKET SUMMARY
    73 1 sn V3LU (-0.56) ST INDEX FUTUBES I£4C (+30.00) SDISGI FUTTJBES MOJO (+1.60) STOCK MARKET INDICES Thursday Change KLSECOMP ***** +«.»4 NIKKEI 225 +187.04 HANG SENG _10.518.O9 ♦162.17 SETLNDEX 383.02 +1.81 JAKARTA COMP _506.87 +3.37 MANILA COM P -1,157.81 -6.68 TAIPEI WPI 6,971.76 -61i8 SEOUL COMP 710.43 +8.56 SHENZHEN
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  • Article
    Lock icon FINANCE
    70 1 FOREX BATES us* s* I'SS (SS per ISS) 1.764 £(ISS/S$ per 1.524 2.687 ETRO(lS$/S$/E). 0.986 1.738 DM 2J16 1257 YEN 119.6 67.80 RM 3.800 2.155 HKS 7.800 4.423 BAHT 41.66 2362 RUPIAH 8,725 4,948 PRIME EATES PRIME RATES SINGAPORE* 515 KUALA Ll'MPLH 640 HONGKONG 5.125 JAKARTA 89.00 TAIPEI 6.725
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  • Article
    Lock icon PSA ready to take profit hit to keep clients
    660 1  -  A 4-page special on PSA's 30 years of containerisation in Shipping Times today It didn't foresee how bad business had become for lines By] Beth Jinks [SINGAPORE] PSA Corporation is prepared to take a "hit" on its earnings to keep its
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  • Article, Illustration
    Lock icon Fast action against WorldCom calms markets
    741 1 Encouraging 6.1% US Q1 growth also helps to stem selling Reuters LAT-WP AP Bloomberg [NEW YORK] World stock markets rebounded cautiously yesterday after US regulators and the White House responded decisively to the US$4 billion WorldCom accounting scam. Revised data showing a stronger US
    Reuters; LAT-WP; AP; Bloomberg  -  741 words
  • Article
    Lock icon Reprieve for mid-size audit firms in S'pore
    554 1  - Reprieve for mid-size au dit firms in S'pore l-Hexclusive By. Anna Teo [SINGAPORE] The string of accounting improprieties that is rocking corporate America has, ironically, given precious reprieve to local mid-size auditing firms striving to grow their business. With the accounting world mired in the Enron, and now World Com,
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  • Article, Illustration
    Lock icon Hot wheels a-rollin'
    48 1 [SINGAPORE] The all-new Mercedes-Benz CLK coupe being unveiled last night at the Embargo bar at One Fullerton. The hip crowd there was among the first in Singapore to catch a glimpse of the top luxury marque's latest sports model. Story on Next Page CHRIS LOH
    CHRIS LOH  -  48 words
  • Article
    Lock icon Unauthorised DBS Net banking access: 10 cases so far
    488 1  -  By* Andrea Tan [SINGAPORE] At least 10 unauthorised Internet transactions on the accounts of DBS' customers have been reported, police said yesterday. The bank, which has 370,000 Internet banking customers, yesterday declined to comment on the number of cases, and insisted
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      88 1 dbbpe Executive Lifestyle BRAVO! A wrap of the Arts Fest. Pg 26 BT Comment R Sivanfthy: Searching for the next market leaders. Pg 6 US economy Wall St left guessing on next Fed action. Pg 18 Weak US$ signals loss of confidence in US. Pg 18 Top Stories UOB lays
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      22 1 US Q1 growth revised upwards, Pg 20 Accounting shake-up has positive spin-offs for some, Pg 3 Lessons from corporate scandals, Pg 3
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      106 1 PSA in talks with lines on berth joint ventures, Shipping Times, Pg 1 HE must act to avoid exodus Pg 15 MORE STORIES on Pg 4 Sing Tel stands to benefit: analysts Top intl banks owed USS4.Sb by World Com Sidgmore's image may save company: analysts iV s >jk A,
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  • NEXT page
    • Article, Illustration
      Lock icon Fixed-line phone service via SCV network by Dec
      704 2  -  St&rHnb-SCV expects sales of merged group to hit $lb within 9 mths on bundled services Reports by Catherine Ong [SINGAPORE] The soon-to-be merged StarHub-Singa-pore Cable Vision (SCV) group will offer fixed-line telephone services by the end of the year over the SCV
      FILE PHOTO  -  704 words
    • Article
      Lock icon SCV to use StarHub network
      219 2 [SINGAPORE] Singapore Cable Vision (SCV) is dumping Sing Tel and using StarHub's fibre optic network to pump cable TV signals from its production centre in Ayer Rajah to distribution points across the island. Star Hub's chief executive Terry Clontz said the two soon-to-be-merged companies have
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    • Article
      Lock icon DaimlerChrysler unveils new Merc CLK coupe
      351 2  -  By i Christopher Tan [SINGAPORE] The hip crowd at the Embargo bar at One Fullerton last night were among the first to get close to the all-new Mercedes-Benz CLK coupe. DaimlerChrysler Singapore unveiled the mid-range product, starting at a mere quarter million dollars, just
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    • ON THE grapevine
      • Article
        Lock icon Play it again, Jack
        126 2 SINCE DBS Group announced that Jackson Tai is taking over from chief executive Philippe Paillart, many of his fans have told us how hard the man works. But it seems Mr Tai doesn't just work at his numbers. He was once a member of a boy
        126 words
      • Article
        Lock icon Ode to Mahathir
        87 2 THE adulation for Malaysian leader Mahathir Mohamad continues to pour in. Gagasan Steel Sdn Bhd and Emelegend Sdn Bhd this week took a full-page newspaper ad thanking the prime minister for his leadership and wishing him a "good break". In poetic language, the ad said: "It touches
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    • Article
      Lock icon Ex-SPH president to head Yeo Hiap Seng: sources
      354 2  -  Market expects him to focus on property in the Far East group's unit By i Conrad Raj [SINGAPORE] The former president of Singapore Press Holdings, Tjong Yik Min, will join real estate tycoon Ng Teng Fong's Far East Group, a company source
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      37 2 mpiL Congratulations to P%/I Corporation limited V v*'v w on their 30th year Pacific International Lines (Pte) Ltd Advance Container Lines (Pte) Ltd Pacific International Lines (China) Ltd ?'."»*£'P'i'?' V'-f*^?~£t* jk a .Afci Catiif <• it-'V:,' *t intfjmm
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      10 2 Star Hub 2003 IPO plan may be derailed, Pg 4
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  • FOCUS accounting
    • Article, Illustration
      Lock icon Lessons from corporate scandals
      1204 3  -  Accounting is all about choices and not about the truth, an academic tells axma teo ANNA TEO A WHOLE lot of good has come out of the EnronAndersen and now World Com debacles, says accounting professor Scott Keating. For one thing, they show that accounting is
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    • Article, Illustration
      Lock icon Accounting shake-up has positive spin-offs for some
      672 3  -  Bnt, dent in industry repntation bad for all from long-term view By, Anna Teo ANDERSEN'S demise and the subsequent shake-up in the top tier of the accounting industry have positive spin-offs for middle-market players like Grant Thornton, but only in the short term,
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      179 3 BENTLEY FOR THOSE WHO KNOW, THE NAME SAYS IT ALL THE NEW BENTLEY ARNAGE T. EXTREME POWER. EXCEPTIONAL LUXURY. llßSjj'i'HS'j'j SFJ IT'S A BENTLEY. IT'S AN ARNAGE. WHAT ELSE NEEDS TO BE SAID ABOUT THIS EXTRAORDINARY CAR? The result of a three-year project, the Arnage T is a refreshing take
      179 words
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  • WORLDCOM decacle
    • Article
      Lock icon Star Hub 2003 IPO plan may be derailed
      324 4  -  By Catherine Ong [SINGAPORE] The US$4 billion scandal at World Com Inc has cast a shadow over plans by Singapore's Star-Hub-SCV group to go public next year. Terry Clontz, chief executive of Star Hub, told BT yesterday: "We are a little upset
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    • Article
      Lock icon SingTel stands to benefit: analysts
      871 4  -  Despite WorldCom's small market share here, its pullout will mean one less rival to contend with, writes amoelatam ANGELA TAN THE major accounting scandal at WorldCom may rattle the already weak sentiment in Singapore's telecom sector but the potential pullout of the US telco may
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    • Article
      Lock icon Sidgmore's image may save company: analysts
      484 4 Reuters [CHICAGOJ Barely two months on the job, WorldCom Inc chief executive John Sidgmore is faced with a Herculean task few imagined rescuing the US's second largest longdistance phone company after one of the worst accounting scandals ever. Known for his intensity, drive and,
      Reuters  -  484 words
    • Article
      Lock icon Internal auditor spotted problems
      155 4 Bloomberg [NEW YORK] A World Com Inc internal auditor discovered problems with the company's accounting methods that led to the firing of its chief financial officer, the Wall Street Journal said. The auditor, Cynthia Cooper, began checking the company's books a few weeks ago and notified
      Bloomberg  -  155 words
    • Article, Illustration
      Lock icon Top int'l banks owed US$4.5b by WorldCom
      556 4 Reuters [NEW YORK] Top banks from New York to Frankfurt to Tokyo are owed about US$4.5 billion by telecommunications company World Com Inc, which disclosed one of the biggest accounting scandals ever. But WorldCom's top bank lenders, including Bank of America Corp, JP
      Reuters; AFP  -  556 words
    • Article
      Lock icon US state govts lose US$1b from fallout
      266 4 Bloomberg [NEW YORK] US state governments may have lost more than US$l billion on investments in securities sold by World Com Inc, adding to losses on Enron Corp months earlier, public retirement fund managers said. New York State Comptroller Carl McCall said his
      Bloomberg  -  266 words
  • Page 4 Advertisements
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      126 4 Finally... A Retail Management System that's really complete! 0 is designed as \0 system. Point of Sale, Back Office and ■■■■■■■■H Accounting are seamlessly (0 linked -No integration required You don't need the hassle different software from They usually very We understand Retailing. Singapore. Malaysia, UK Europe Indonesia Hong Kong
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      216 5 Congratulations To the Supreme Court, the Subordinate Courts and the Attorney-General's Chambers of Singapore on the launch of JusticeOnLine on June 28, 2002 KIM /gi> SUPREME COURT BytPpSßl SINGAPORE myyuyi^H I N A r t> R I (HAMKIt International Video Conferencing Center B^^"* International Video Center Pte company Zen Voce
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Untitled
      311 6 OTHER SINGAPORE INDICES Jun 27 VALUE CLOSE BTO&US 358.00 +174.00 ■TCAOI -*****.00 +132.00 BTlO-dayNU -*****.00 -36.00 M-SGEqmMm 412.30 +2.10 128.93 +0.93 SG Equities Flu 1325.77 -9.41 SGIpMnfnp 401.78 +5.63 MSa Singapore 190.09 +0.36 SMSCI Firtara 190.10 +1.60 Stocks Volume WesTech 10c 31,426,000 SingTel 15c 23.499.000 Roty IntUSlOc 20,909.000 Asiamedc5c 18.781,000
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    • Article, Illustration
      Lock icon Searching for the next market leaders
      765 6  -  I l I comment STOCKS r. sivanithy THAT the old bull market was perched on a three-legged stool comprising technology, media and telecom stocks is not disputed. Also uncontested is the fact that this stool has been splintered spectacularly to the point where most
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    • Article, Illustration
      Lock icon Analysts upbeat on ECS based on China ops' outlook
      269 6  -  HOT STOCK/ WARRANT By< Ven Sreenivasan BECAUSE of intense volatility afflicting the market, analysts and brokers are advising their clients to adopt a strategy of selective long-term stockpicking. And one second-liner that is highly regarded in this respect is the stock
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    • Article, Illustration
      Lock icon US$ fails to secure foothold above 120 yen
      605 6  -  l-i i comment CURRENCIES A$ and NZ$ see sharp corrections; 118 yen next target for the still-fragile greenback larry wee WALL Street's ability to recoup most of its heavy losses on Tuesday despite World Com and Micron worries helped the US dollar
      Source: Reuters  -  605 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    3025 6 UNIT TRUSTS FUNDS Com Global Energy Index Fd 0 953/ Com Global Travel Index Fd 0.73V Com S'pore Bond Fund/* 1047/ ASM Amro Asset Mgt (S'pore) Star Europe Eqty'* 0 69V Credit Agricole Asset Mgt S'pore Ltd Star Europe Bd 1 0V Indocam Asia Vision!** 0 860 904 Star Europe
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  • SINGAPORE companies
    • Article
      Lock icon UOB lays off 270 – mostly branch, IT staff
      330 7  - UOB lays off 270 mostly branch, IT staff Retrenchment is last of merger-linked exercises, says bank spokesman By' Vince Chong UNITED Overseas Bank (UOB) laid off 270 employees yesterday in its second major staff cut this year, with the bulk of the retrenched coming from the institution's branch and IT
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    • Article
      Lock icon GLC shuffles: Temasek not involved
      240 7 Reuters GOVERNMENT investment firm Temasek Holdings said yesterday it was not involved in recent top level management changes at several state-linked companies. Three government-linked blue chips ST Assembly Test Services, Chartered Semiconductor Manufacturing and DBS Group have all seen top management changes announced this week.
      Reuters  -  240 words
    • Article, Illustration
      Lock icon PacNet interested to offer pay-TV services
      321 7  -  $200 m market opened as SCFs monopoly ends Reports by Adeline Chia PACIFIC Internet, among other parties including Singapore Telecom, has expressed interest in entering the $200 million'pay television market. "PacNet is in the midst of exploring opportunities to offer pay TV services," said
      FILE PHOTO  -  321 words
    • Article
      Lock icon New movies for Magix users
      227 7 SUBSCRIBERS to SingTel's Magix Premium Internet service will soon be able to watch movies within three months of their initial release. Locally-based entertainment on demand company Intertainer Asia has tied up a deal with Sing Tel to provide a pay-per-movie service on the 2 mbps
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    • COMPANY Briefs
      • Article
        Lock icon Futuristic Image headed for Sesdaq
        88 7 FUTURISTIC Image builder, which provides high-end interior architectural services, has received in-principle approval to list on Sesdaq. "Hie company, which has production facilities in Singapore, China and Malaysia, counts among its clients Coffee Bean Tea Leaf, Borders, Club 21 and Gianni Versace. It recorded a
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      • Article
        Lock icon ITE in $1.4m pte placement
        68 7 Reuters ITE Electric Co is placing out privately 3.2 million new shares, or about 5 per cent of its capital, at 46 cents each. ITE which is engaged in electrical trading, electrical manufacturing, industrial power and system integration said in a statement the net proceeds
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      • Article
        Lock icon MCL unaware of cause for price surge
        87 7 Reuters MCL Land said it was not aware of any reason for the surge in its share price yesterday morning. MCL was up 16.8 per cent at $1.18 by the mid-day break after hitting an 18-month high of $122 on renewed market rumours
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      • Article
        Lock icon Serial warns of losses for H1
        96 7 SERIAL System warned yesterday that it expects to report losses for the half-year ended June. The group said it launched two new products, Mine and TX3300, in late 2001. Revenue from Mine, an innovative handheld personal digital data bank, and TX3300, a dual-tray MP3
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      • Article
        Lock icon Keppel Corp director resigns
        77 7 KEPPEL Corp announced the resignation of Loh Wing Siew as a director with effect from July 1. It also announced that Lim Hock San, chairman of the nominating committee, has been appointed lead independent director with effect from July 1. The lead independent director is responsible
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      • Article
        Lock icon Marco Polo unit gets loan facility
        91 7 Dow Jones Newswires MARCO Polo Developments said yesterday that its wholly owned unit, Everbilt Developers Pte Ltd, has secured a five-year transferable term loan facility for up to $210 million to finance the unit's existing borrowings. OCBC Bank and Hongkong and Shanghai Banking Corp
        Dow Jones Newswires  -  91 words
    • Article
      Lock icon APP will fight legal action to place group under JM
      450 8 Claims of slow debt restmctnriiig fail to recognise deal's complexity, it says Reuters INDONESIA'S Asia Pulp and Paper said yesterday it will vigorously fight a legal action in Singapore by two creditors trying to wrest control of the group to
      Reuters  -  450 words
    • Article
      Lock icon SingTel to maintain listing in Australia
      151 8 Dow Jones Newswires SINGAPORE Telecommunications Ltd, which is listed in Singapore and Australia, yesterday said it doesn't plan to change its dual listing status. Shares of Sing Tel came sharply off morning highs on concerns it may delist from the Australian bourse following the
      Dow Jones Newswires  -  151 words
    • Article
      Lock icon Thai Airways sees clear skies ahead
      788 8  -  lock siew harish mehta WHO'S been piloting Thai Airways International? For a long time, it has been a guessing game. In the last two-and-a-half years, the airline has seen the comings and goings of five chairmen and six presidents. The ground beneath their feet
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      424 7 IN THE MATTER OF THE COMPANIES ACT, CAR 50 AND IN THE MATTER OF DATASUPPLIES PRIVATE LIMITED (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308{ 1) of the Companies Act, Cap. 50 that the Final Meeting of Members of the above-named Company will be held on
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      394 7 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF APAC AVIATION SERVICES PTE LTD (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN that the creditors of the abovenamed Company, which is being wound up voluntarily are required on or before the 29"' day of July
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      392 7 IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORF Componies Winding Up No. *****6 of 2002 In the Matter of Section 254(1 )(e) of the Componies Act (Chapter 50) 1994 Revised Edn. And In the Matter of abc Multiactive (Singapore) Pie lid (RC NO. *****5820Z) NOTICE OF WINDING UP OBOFff
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      Lock icon Page 7 Advertisements Column 4
      291 7 IN THE MATTER OF THE COMPANIES ACT, CAP.SO AND SOLARSEIKO PTE LTD GRAND CENTRAL TRADING (PTE) LTD (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act. CAP. 50 that the Final General Meeting of the Members of the abovenamed Companies will be held
      291 words
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      Lock icon Page 7 Advertisements Column 5
      78 7 PATEK^IPPE u r own I lm jB v mm a BL B mr^ You neve r actually own a Patek Philippe. You merely VlB Complicated look after it for the ne*t generation. by Patek Philippe •SB Th e Hour Glass S SINGAPORE THE HOUR GLASS T»k«th.m»y« SC tat: 6734 2420
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      1226 8 mm I I Banque Internationale I a Luxembourg I I Head Office: 69 route d'Esch, L-1470 Luxembourg I Singapore Branch: 9 Raffles Place, #42-01 Republic Plaza, Singapore *****9 I I Balance Sheet Profit and Loss Account I I As at December 31, 2001 For the year ended December 31, 2001
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      684 8 CHINA TOLL BRIDGES ROADS LIMITED Vj- J Notice of Anuual General Meeting Notice is hereby given that the Annual General Meeting of the Shareholders of China Toll Bridges Roads Limited (the "Company") will be held at Swissdtel The Stamford, Bras Basah B, Level 4,2 Stamford Road, Singapore *****2 on Tuesday,
      684 words
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  • SINGAPORE news
    • Article, Illustration
      Lock icon Forget low jobless rates of the 80s: Boon Yang
      297 9  -  Such rates are nnlikely to return, given the structural unemployment By l Grace Tan THE jobless rate is unlikely to return to the "good old days of the 1980s", Manpower Minister Lee Boon Yang said yesterday. With the setting-in of structural
      FILE PHOTO  -  297 words
    • Article, Illustration
      Lock icon Don't be fooled by May's output rise
      289 9  -  ISTC on the economy manufacturing By Anna Teo MAY'S 17 per cent surge in industrial output may have triggered talk of "upside risks" to the year's GDP growth among some economists. But others, pointing to volatility, dismiss the uptick as "not representative". With
      Source: IDEAglotal  -  289 words
    • Article
      Lock icon Liverpool club seeks Asian links
      258 9  -  By, Adeline Chia LIVERPOOL football club is looking at linking with Asian-language partners for its website and making a club channel available to regional TV stations. In a keynote address at Marketing World Asia-Pa-cific a two-day seminar that opened yesterday at Grand Copthorne Waterfront Hotel
      258 words
    • Article
      Lock icon S'pore tops online ticket purchases
      179 9 SINGAPORE ranks first in the world for the proportion of online shoppers who buy tickets through the Web, says Internet research firm Taylor Nelson Sofres Interactive. The company's third annual Global e-commerce Report shows 33 per cent of online shoppers in Singapore bought theatre or
      179 words
    • Article
      Lock icon Property investment sales hit $1.3b in Q2
      478 11  -  Purchases by developers split evenly between govt and private sites, says CBRE By) Kalpana Rashiwala IN what could be a signal of developers' growing confidence in prospects for the property market, investment sales hit $1.33 billion this quarter, or almost three times the
      478 words
    • Article
      Lock icon Top grade office rentals fall a further 4.8%
      223 11 PRIME grade office rents in Raffles Place declined a further 4.8 per cent in the second quarter to $6 per square foot a month, Jones Lang LaSalle said yesterday. And it expects office rents on the island to remain subdued in the
      223 words
    • Article
      Lock icon Course to enhance venture capital skills
      188 11 AN education programme announced yesterday aims to enhance the skills of venture capital (VC) professionals in Asia. Three groups have combined to offer the programme the Singapore Venture Capital Association, the European Institute of Business Administration (Insead) and the Singapore Management University (SMU). "This
      188 words
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      13 9 TODAY IN WooSm s pcorjorniCn 1 IwHKS,* o|ll|||| For Subscription call 6388 3838
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      156 9 1 Lk22££ kfUßb j .aLx-- >?;?* im w^KP" Jf» vGH/ ><9HBKIh :?-"-^^^H S\%f fl^^Hj |Httt >v e S 1 1 the Others t-*KLII m FORGED TITANIUM DRIVER *IDarrell Survey (as individual product), *2 Sports Marketing Surveys, Ltd (as individual product), and *3 C.G.K.K. research! A W MainShowroorr! Pan-West Tee-To-Green, 59
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  • Page 10 Advertisements
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      4031 10 UUJIHPJJ '"I'OJ. I I luajr, JUIIC £.\J\J£. /Fewil recnHtsQsph coin.SK NORTHERN TRUST CORPORATION Parent company of The Northern Trust Company Headquarters: 50 South LaSalle Street, Chicago, Illinois Am at December 31 For the Year ended December 31 (USS in Millions Except Share Information) 2001 2000 (USS in MiMions Except Per
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      318 10 IN THE MATTER OF THE COMPANIES ACT, (CHAPTER 50) AND IN THE MATTER OF OHM OVERSEAS PROJi:CTS PTE LTD (Incorporated la Ike Kt puMic of Siagapoft) (IN LIQUIDATION) MEMBERS' VOLUNTARY WINDING-CP Al an hxiraordinary General Meeting of Ihe Members of OHM OVERSEAS PROJECTS PTE LTD duly convened and held it
      318 words
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      195 11 1 A Vf X 11 2^V 8 n 4 ,M' 5 Jflv m if fr v v Cape Land wwwh—m imrctei.com -v »r j >^ x> CHEW CHEONG WATCH CENTRE CORTINA WATCH DELUXE EASTERN WATCH EMOTUS TIME CULTURE GASSAN WATCH T2 (SOUTH) PRECIOUS TIME ROY EASTERN WATCH ROYAL WATCH CENTRE
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon New breed of director to prevent fraud
      812 12  -  bottom line OPINION david mason The writer was a partner in an international accounting firm in Singapore/or 14 years. He is now a business consultant in the United Kingdom. MAJOR corporate collapses are rare things. Rarer still are those that affect whole markets
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    • Article
      Lock icon IN OTHER WORDS
      59 12 'What is lacking in the US is a culture of shame. No CEO in the US is considered a thief if he does something wrong. It is a kind of moral cancer.' -Guide Rani former chairman of Telecom Italia and now one of Italy's most outspoken advocates
      59 words
    • Article
      Lock icon Hong Kong's five years as an SAR
      607 12 EDITORIAL PIVE years on, Hong Kong is now firmly established as a Special Administrative Region (SAR) of China, under the "one country, two systems" arrangement For sure, the pragmatic people of Hong Kong realise they are better off having their fortunes locked into
      607 words
    • Article, Illustration
      Lock icon Bush's mountain gives birth to a mouse
      1411 12  -  Bash's much-heralded new 'vision' for the Middle East turned out to be a damp squib of a speech that could well have been written by Sharon From Leon Hadar The writer is BT's Washington correspondent in Washington FOR several weeks, Washington and the
      REUTERS  -  1,411 words
    • Article
      Lock icon Good to know human side of our leaders
      175 12  -  Alex Thian I REFER to your report "At home with S'pore's most influential woman" (BT, June 27). It is a refreshing change to read about the human aspect of prominent persons in Singapore. I can certainly identify with Ho Ching's problems at
      175 words
    • Article
      Lock icon Use air-con dome for Sentosa theme park
      94 12  -  Steven Cheong Mun Lock I REFER to your report "Sentosa gunning for $5b to boost resort island" (BT, June 22). I think the planners should take into account the heat and humidity. Any proposed theme park should be built in an air-conditioned dome
      94 words
    • Article
      Lock icon ACCA calls for more restrictions on auditors
      260 12  -  MAILI.TTTI JFK Miller Head of Singapore and New Market (Asean) Development ACCA Singapore I REFER to your report "World Com unleashes USs3.9b shocker" (BT, June 27). The discovery of this alleged fraud should be a wake-up call for boardrooms and audit firms everywhere.
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  • REGIONAL news
    • Article, Illustration
      Lock icon KL efforts in wooing three major airlines yet to pay off
      430 13  -  •ii exclusive BA, Lufthansa and Qantas undecided about resuming flights toKLIA From'. Eddie Toh in Kuala Lumpur MALAYSIA has yet to convince three major airlines to resume flights to the Kuala Lumpur International Airport (KLIA) despite offering a slew
      AFP  -  430 words
    • NOTE Book
      • Article
        Lock icon Land & Houses, GIC in fond tie-up
        110 13 Land Houses, GIC in fond tie-up Bloomberg [BANGKOK] Land Houses Pel, Thailand's largest residential property developer, will team up with shareholder Government of Singapore Investment Corp (GIC) to set up a 500 million baht (Ss2l million) fund to invest in Thai property. Land Houses and its units will invest half
        Bloomberg  -  110 words
      • Article
        Lock icon M'sia liberalises trustee fees
        66 13 Dow Jones Newswires [KUALA LUMPUR] Malaysia's Securities Commission said yesterday trustees and management companies of unit trust funds will be able to negotiate trustee fees without a minimum restriction from July 1. The commission said the new policy is in line with its efforts to further
        Dow Jones Newswires  -  66 words
      • Article
        Lock icon Philippine govt raises 63b pesos
        67 13 Reuters [MANILA] The Philippine government raised a total 0f62.93 billion pesos (552.2 billion) from its recent sale of three- to five-year retail treasury bonds (RTBs), the Bureau of Treasury said on Wednesday. Deputy Treasurer Mina Figueroa told reporters proceeds based on the final tally of
        Reuters  -  67 words
      • Article
        Lock icon Sino Land, Kerry to develop HK site
        65 13 Bloomberg [HONG KONG] Sino Land Co and Kerry Properties Ltd, two of Hong Kong's biggest property developers, won the right to develop land above MTR Corp's Hang Hau station, a project that will cost HK$3.5 billion (Ss79l million). The venture, 60 per cent
        Bloomberg  -  65 words
      • Article
        Lock icon HK mortgage lending rises 10%
        97 13 Reuters [HONG KONG] Mortgage lending in Hong Kong rose for the third straight month in May, with new loans approved during the period rising on increased home sales in the long-suffering property market. The real estate market is a key barometer of the territory's economic
        Reuters  -  97 words
      • Article
        Lock icon Acquisitions boost San Miguel profits
        81 13 Bloomberg IMAIUIOIMVUO WWSi OOU liuguci pillUiS [MANILA] San Miguel Corp, the Philippines' largest food and beverage company, said profit rose 18 per cent in the first five months of the year as acquisitions of juice, water and processed meat units boosted sales. Profit rose to
        Bloomberg  -  81 words
      • Article
        Lock icon HSBC unit Joins Thai stock exchange
        90 13 Bloomberg [BANGKOK] HSBC Holding Pic unit HSBC Securities (Thailand) Ltd won a licence to become the 35th member of the Thai stock exchange. The exchange wants more members to boost revenue. Several overseas-based brokers, including Agricole Indosuez and JP Morgan Chase Co, last year
        Bloomberg  -  90 words
      • Article
        Lock icon M'sia's Islamic trust certs take off
        52 13 Bernama (KUALA LUMPUR] Malaysia yesterday successfully issued the world's first sovereign global Islamic trust certificates worth US$6OO million. Money market and foreign exchange dealers have described the five-year paper maturing in 2007 as having further reinforced Malaysia's high credit rating, this time in Islamic
        Bernama  -  52 words
      • Article
        Lock icon Philippine foreign quits
        87 13 Reuters [MANILA] Philippine vice-president Teofisto Guingona has resigned from the post of foreign affairs secretary over the deployment of US troops in the country on counter-terrorism exercises, officials said yesterday. President Gloria Macapagal Arroyo has accepted the resignation, a statement from the presidential palace said. Mr Guingona,
        Reuters  -  87 words
    • Article
      Lock icon Weaker crude oil prices push Petronas profit down 12%
      353 13 Overseas, it is eyeing interests in Sudan and China Reuters [KUALA LUMPUR] Malaysia's state oil firm Petroliam Nasional Bhd (Petronas) reported a 12 per cent drop in full-year earnings on Wednesday, citing weaker crude oil prices. Unlisted Petronas, Malaysia's largest company,
      Reuters  -  353 words
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      Lock icon Telekom shares down 3% on TRI takeover doubts
      432 13 KUALA LUMPUR Shareholder meet held to the highest of standards TRI Reuters TELEKOM Malaysia shares fell for a second day yesterday to their lowest level in a year as doubts grew it could win a takeover fight for cellular rival Technology Resources
      Reuters  -  432 words
    • Article
      Lock icon Manulife reopens after receiver gives nod
      315 13 JAKARTA AFP A CANADIAN-OWNED insurance company resumed full operations yesterday, six days after an Indonesian bankruptcy receiver ordered the firm to stop operations following a controversial court ruling. "We are confident that this is a positive step in the process that will soon result
      AFP  -  315 words
    • Article, Illustration
      Lock icon HK must act to avoid exodus of shipping lines: Gordon Wu
      576 15  -  Tycoon accuses port operators of using facilities as a property play From. Audrey Tan in Hong Kong HONG Kong should act now to avoid becoming another Singapore, by improving its logistics links with southern China so that shipping lines
      576 words
    • Article
      Lock icon Philippine industrial output sees big surge
      206 15 MANILA Reuters PHILIPPINE industrial production surged in April at the strongest pace in five years and economists said the data, although usually volatile, reflected a sustainable pick up in economic activity and increased exports. The National Statistics Office said April's volume of production index,
      Reuters  -  206 words
    • Article
      Lock icon Italian-Thai revamps debts, on track to complete airport job
      294 15  -  From] Harish Mehta in Bangkok THAILAND'S biggest construction firm, Italian-Thai Development, has restructured most of its huge 12.8 billion baht (*****.6 million) debt, signalling it will complete building a passenger terminal at Bangkok's new Suvarnabhumi International Airport by 2005. The terminal
      294 words
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      Lock icon Thai govt accused of being vague on Budget details
      388 16  -  Opposition says there is a lack of information aboat its spending plans From Harish Mehta in Bangkok THE Thai government has hidden details of spending plans to avoid scrutiny of its 999 billion baht (5542.2 billion) Budget for 2003, leaders of
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    • Article
      Lock icon Single China currency not feasible now
      242 16 BEIJING One nnit for China, HE, Taiwan needs a convertible yuan XFN A SINGLE currency for mainland China. Hong Kong, Macau and Taiwan is not feasible unless the Chinese yuan is fully convertible, an East China Normal University academic said. Huang Zemin, the director
      XFN  -  242 words
    • Article
      Lock icon Taiwan cuts key rate to record low
      150 16 Bloomberg [TAIPEI] Taiwan's central bank cut its key lending rate by a quarter of a percentage point to stem a rally in the currency that threatens to slow an economic recovery. The Central Bank of China trimmed the rediscount rate, charged to commercial
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      307 13 Since 1975. our worldwide rPF'' over 275 multi-disciplined professionals HT f M including lawyers, chartered accountants. j i 1 chartered secretaries and bankers have W m A provided confidential and cost effective r &L company formation in all the major low B 4 Wm tax areas including: Incorporation Fees from
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      666 13 "W~ 7VT f Registered Office: De Amsterdamse Poort I I M "W" ISBBRBi 1102 MG Amsterdam Zuidoost, The Netherlands CONSOUDATED BALANCE SHEET OF ING BANK CONSOLIDATED PROFIT AND LOSS ACCOUNT OF AS AT 31 DECEMBER ING BANK FOR THE YEARS ENDED 31 DECEMBER BEFORE PROFIT APPROPRIATION 2001 2000 Consolidated (in
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      1764 14 ARAB BA NK PLcl Balance Sheet Income Statement as of 31 December 2001 for the year ended 31 December 2001 2001 2000 2001 2000 USD C 000) USD (000) USD C00Q) tNImW) Assets Revenue I Cash and balances with central banks 2,191,754 2,115.742 Interest income 1,111.H1S 1486 195 I Balances
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      411 14 THE COMPANIES ACT,(CAP 50) CAMBODIANA CONSTRUCTION (OVERSEAS) PTE LTD (In Vol Liquidation) NOTICE IS HEREBY GIVEN that the creditors of the above-named Company which is being voluntarily wound up are required on or before the 31st day of July 2002 to send in their names and addresses with particulars of
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      1525 14 I Bank Brussels Lambert I Incorporated in Belgium <au hgum,q UO «ed m eurthousands: I Consolidated Balance Sheet Consolidated Income Statement ASSETS 31.12.2001 31 12 2000 2003 (H)0 I 7jnMa 7msn I kl 2i. of which interest from 7.130*72 central banks 73,603 324.793 hxed incovn f 1,796,705 *****07 Loans and
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      1669 15 obb^h Consolidated Balance Short according to lAS at 31 »t December 2001 wKh comparative Hour., far 22SSL, Supervisory Board ASSetS Dr Wolfgang ROHet Frankturt/Ma.n Liabilities, minority interest and shareholders' equity nSTISJ? DeOU,y Cna V"**™ Ba-* AG H«^o 31 Dec 2001 31 Dec 2000 11 rw »nni DjufHenn,ng Schuite-Noetie crw-nan^omzsjutypoo,) €mn
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  • Article, Illustration
    Lock icon FINANCE
    1247 16 Transaction date.Jun 27 OITBRBAMK CROSS RATES A$ C$ Bmb Euro ffr Dm HK$ Ind ft fcgUjl Yen Won »M NZ$ Pafc »s Peso S$ Band Str WT$ ftjfct Pound USS Australia 0.854 4.678 0.5T2 4.190 1.249 4.396 27.531 49.178 0.674 6.786 2.M2 1.157 33.839 28.512 0.994 5.828 0.840 18.939
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    Lock icon COMMODITIES
    1825 16 SICOM FUTURES Jun27 RUBBER Futures (Closing prices) RSS1 (S centsAg) Close Volume Open W<JJ> Low Sett (tonnes) Interest Jul 02 153.50 Auq 02 153.504 Sep 02 154.505 Oct/Dec 02 156.005 RSS 3 (US centsAg) Volume Open Month High Low Sett (tonnes) Interest Jul 02 86J5 86.00 i« 700 Aug
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  • WORLD news
    • Article
      Lock icon Global mergers hit 5-year low
      402 17 35% drop in HI; slump expected till year-end Bloomberg [LONDON] Companies around the world announced the fewest mergers and acquisitions in at least five years in the first half. And bankers said the slump will probably extend through year-end. Takeovers in the first six months
      Bloomberg  -  402 words
    • Article
      Lock icon Exodus from US$ assets a big bonus for Japanese govt bonds
      503 17  -  Overseas buying eases pressure on BOJ to buy bonds From. Anthony Rowley in Tokyo JAPAN'S deeply-indebted government is receiving help from an unexpected source as overseas investors diversify out of shaky US dollar assets and into alternatives, including Japanese
      503 words
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      Lock icon Wall St left guessing on next Fed action
      878 18  -  Fed members uncertain about degree of economic strengthening From,* Andrew Marks in New York THE Federal Reserve Bank's decision to keep rates unchanged on Wednesday, the fourth consecutive meeting it has opted to take no action, was widely expected on Wall Street,
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      Lock icon Weak US$ signals loss of confidence in US
      509 18  -  Some analysts expect the Fed to cut interest rates in coming weeks Frorn, Leon Hadar in Washington WITH the US dollar con tinuing to fall against other leading currencies, coming close to parity with the euro, some analysts are expecting the Federal
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      Lock icon US stocks must climb 15% just to break even this year
      423 18 NEW YORK Reuters A CRISIS of confidence in Corporate America slammed US stocks to the mat in the first half of the year. The best-case scenario now is grim: an unchanged stock market for the full year. To break
      Reuters  -  423 words
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      Lock icon Revised estimates put US Q1 growth at 6.1%
      467 20 LATEST US INDICATORS New unemployment insurance claims down 10,000 last week AP Dow Jones Newswires Reuters [WASHINGTON] The US economy sprang back from last year's recession, growing at an annual rate of sizzling 6.1 per cent in the Jan-uary-March quarter, the strongest
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      Lock icon Motorola plans to axe another 7,000 jobs
      237 20 SCHAUMBURG, Illinois Bloomberg MOTOROLA Inc. the world's second-largest maker of mobile phones, plans to reduce its workforce by 7,000 more jobs worldwide and take US$3.5 billion in restructuring charges. Motorola "paid a significant escrow deposit" for Iridium-related litigation and other measures that is
      Bloomberg  -  237 words
    • WORLD Watch
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        Lock icon Cap Gemini to cut 5,500 jobs
        51 20 Bloomberg [PARIS] Cap Gemini, Europe's biggest computer services company, plans to cut as many as 5,500j0b5, or about a tenth of its workforce, as sales slump. Cap Gemini will cut 2,500j0bs at its telecommunications and financial services divisions, chief executive officer Paul Hermelin said.
        Bloomberg  -  51 words
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        Lock icon Computer Associates to oppose Wyly
        47 20 Bloomberg [ISLANDLA, New York] Computer Associates International said it will fight billionaire investor Sam Wyly's second attempt to take over the company. Ranger Governance, a unit of Mr Wyly's investment fund, yesterday proposed a slate of five candidates for the board. Bloomberg
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        Lock icon Broking ban on Barclays Japan
        57 20 Bloomberg [TOKYO] Barclays Capital Japan Ltd will be banned from broking credit derivatives for five days starting July 1 for conducting securities transactions without authorisation, the Financial Services Agency said. The unit of Barclays pic is also prohibited for two months starting yesterday from applying
        Bloomberg  -  57 words
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      Lock icon Japan shareholders lean on managements in face of losses
      486 21 TOKYO AGMs see demands for change, accountability Reuters JAPAN'S shareholders, frustrated by losses and weak stock prices, are breaking years of silent obedience to management and starting to demand companies change. The shareholder movement, though still in its infancy, has left
      Reuters  -  486 words
    • Article
      Lock icon Burberry beats Prada to IPO finish line
      345 21 LONDON Reuters IT was billed as the battle of the handbags. but Prada gave Burberry a walk over on Wednesday as the two fashion brands scrambled for a dwindling pool of investor funds. With global stock markets reeling from yet another US accounting
      Reuters  -  345 words
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      937 17 I I I Ba anCe Sheets As Al3l Pecember 2001 Income Statements For The Year Ended 31 December 2001 I The Group The Bank I 2001 2000 2001 2000 Groo P The Bank RM'OOO RM'OOO RM'OOO RM'OOO 0 J2!I 2000 2001 2000 I Assets RM 000 RM'OOO RM'OOO RM'OOO H
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      1212 18 SF R Skandinaviska Enskilda Banken Head Office Kungstradgirdsgatan 8, Stockholm, Sweden BALANCE SHEETS STATUTORY PROFIT AND LOSS ACCOUNTS 31 December The Group Th« Group 2001 2000 2001 2000 Assets SEK M SEK M lncomo SEK M SEK M Cash and deposits with central banks 11,633 8,097 Interest income 53,616 51
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      424 18 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF SPL WORLDGROUP (S) PTE LTD (IN MEMBERS VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act. Cap 50 that the Final Meeting of Members of the Company
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  • Article
    Lock icon STOCKS ASIA
    4934 19 i Transaction date. Jun 27 for wore, go to uww xisiaoTieiimarketsxxmi HONG KONG HywD« 750 oos km Vol Interihtivd Hldgs 0 84 0 01 55 Int'l Bank of Asia 193 0 02 H iRegent Group 0.32 003 161 Multimedia 015 unch 0 KG Holdings 4 70 010 4t
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    Lock icon KLSE
    2437 19 Transaction date: Jim 27 U KUALA LUMPUR frxer 35a 002 44 Vol F5BM 1.91 i*Kh 0 RM row FW Industries .012 002 14 Gadang 131 inch 0 ASM Realty 109 010 23 Gamuda 590 0.15 1421 Abric 1.50 0.01 93 GanadCorp .OA) unch 10 ACP Industries 3.12 -0.06 52
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    Lock icon SGX
    767 19 Transaction date:,fun 27 <*—■ w Om g— t CK 052 4.720 ♦0.000 NatSteei 50c 0 35 1720 CapttaLmd 1.480 *0010 03C 954 ***** Owrt SamCond 26c 145 3.420 -0520 Out 057 7.100 *0.100 City Dev 50c 253 5700 *6100 Parkway H 25c 056 0525 *0.010 0»*i<l T 25c 0
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    Lock icon BONDS & WARRANTS
    625 19 BONDS WARRANTS Fnm Ixptry imt vol Cm. Inr Dm Mta m» ■»•>• rwmi» m» un ASTHMM0621 215 1 16 10 158 24 Acma Ltd W*****6 J 1 50 478 4 50 29 A/nt<*WQS0610 m 3 720 1 33 3 133 36 Armstrong W040S20 1 5ae 1 10 77 433 23
    625 words
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      1764 20 NnrHpn® Nordea Bank Finland Pic Vrf Statement of accounts for the year ended 31»t December 2001 Consolidated Balance Sheet (eur million) Consolidated Profit and Loss Account (eur million) Mfils 2001 2000 Note 2001 2000 Interest income 7.994 5 836 [Basse's 2.928 1.924 Interest expenses -5.379 -3 771 Debt securities ehgtote
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      542 20 IN THE MATTER Of THE COMPANIES ACT, CAP 50 AND IN THE MATTER Of MATHIEU (FAR EAST) PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the Company held at Van Putlei 14, B-2018 Antwerpen, Belgium on Tuesday, 25th day of June 2002 at 11.00 a.m.. the
      542 words
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      419 20 IN THE MATTER Of THE COMPANIES ACT. CAP. SO [Sodion 290<2Mb)] AND IN THE MATTE* Of VENTURE SUCCESS INTERNATIONAL PTE LTD (In Members' Voluntary Liquidation) NOTICE Of RESOLUTIONS Aj on Extraordinary General Meeting of the Company held at 17 Neythal Road, Singapore *****2 on 20 June 2002 at 10.00 a.m.
      419 words
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      284 20 IN THE MATTER Of THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER Of BERMADINO PTE LTD (In Creditors' Voluntary liquidation) NOTICE Of RESOLUTION At an Exfraordinory General Meeting of the Company held at 257 SiUjn Rood *****9/281 Selegte Complex Smgopori *****0 on 21 June 2002 at 11.00 oji«. ihe
      284 words
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      893 20 Ip Den norske Bank asa PROFIT AND LOSS ACCOUNTS 1 BALANCE SHEETS Amounts in NO* million 2001 2000 Amounts in NOK million 31 Dw. 2001 31 Pec. 2000 Interest income 24 914 22 499 Interest expenses 17 725 1 5 779 Cash and deposits with central banks 2 820 8186
      893 words
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  • Article
    Lock icon SGX MAINBOARD
    6113 21 Transaction date:Jun 27 for Hi*prices, log on to uywu\asiaonemarketsjcom w* L"» Vol Day LMOwto GrOnr Dry GrYM MM MCm) M«h Low CaMpMy Salt +7- fWB> M* Lw Htm Cvr HI >3 Price ABNAmroNLG 56c 9 12 34 i» 20.5 85 c ACE Dynamics20c 13.5 13 18 0 7
    6,113 words
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    Lock icon SGX XTRAMET
    64 21 Nm"lL Ltomu OrOn Ohr GrtM Net MC_ mtog "f" L '"*>—> 000 Law >wy«. <xMm O P/t vi3 Prig ***** 9210 > Diamonds US9500 6150 3S10 s IS OJ US Tech US3B10 S7S *<0 i IS MSG Spore USS75 ***** *70 s ISS4PS00 US***** ***** 9900 s SPCWS
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    Lock icon SGX SESDAQ
    1668 21 -H** Jf" J** ...Oir La«Q«c4» GrtM» On GrYW mm MCa. W1A.9 I— fifiii| Sai, W- C888> m+ I—i 8»y«r Mhr Cw Wj $3 wg 285 II < AM Hldgs Sc 155 IS W M« M 13 II c APOiISc 19 9 215 5 11.5 13 It" 64 275
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    Lock icon CLOB INTERNATIONAL
    413 21 SI* LMt Vol Day LactQuot* GrOw On CfYM MM MCac Nigk Um CMpaiy IU( ♦<- tM N>«k Low (wyer Sdtar Cm Wi M 115 60 AVJemngsA25cA 102cd -2 329 104 102 102 103 40 3.4 9 8 5.9 2115 Cathay Pac 20c ML— 720 265 2.1 7.4 6
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  • HEALTH/BOOKS/GOLF
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      Lock icon It can hit men too, after 50
      855 22  -  Andropause, or male menopause, doesn't affect all men. cbb*h ui-hoom finds out how it can be diagnosed and treated CHEAH UI-HOON YOU'VE been feeling crabby and listless recently, coupled with night sweats and sometimes, palpitations. It isn't really stress or depression, but you
      FOREWORD COMMUNICATIONS  -  855 words
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      Lock icon A well-crafted thriller and more
      568 22  -  A Traitor to Memory By Elizabeth George Publisher: Bantam Price: $15.90 (before GST) 1,009 pages Available at all major bookstores Rniruvd by Parvathi Nayar ELIZABETH George is one of the finest crime writers around one of the most consistent too, judging by A Traitor to
      568 words
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      Lock icon Watch that golf ball on a tee peg
      880 22  -  W Tan Jee Lim The writer is a consultant sports surgeon at Changi General Hospital and an avid golfer THE shoulder joint is a joint that the golfer should be able to relate to easily. After all. it is often described as
      880 words
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      85 22 Movie Treats and more... s f J f [at Phoenix Garden Cefel Come on down to the Phoenix Garden Cafe and treat yourself to our local international buffet lunch, high-tea or dinner, now available everyday of the week... and we'll treat you and a friend to the movie, 'Visible Secret
      85 words
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  • CINEMA
    • Article, Illustration
      Lock icon Chaiming tale on bending the rules
      628 23  -  'Bend It Like Beckham' is a sincere, humorous effort that touches on familiar themes Byy Corinne Kerk AFTER Sunday's World Cup final, there's bound to be a gaping hole in the lives of many football fans. But, fret not. When the Cup withdrawal symptoms
      628 words
    • Article, Illustration
      Lock icon Not for the insomniacs
      554 23  -  'Insomnia' will keep viewers awake with its gripping story-telling, delving deep into the human psyche By\ Parvathi Nayar A FILM that probes the darkest recesses of the human psyche, set in the neversetting sunlight of an Alaskan town. There's poetry in that notion, and wonderfully compact
      554 words
  • Page 23 Advertisements
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      272 23 Where to wine, dine and entertain... T jok wwwAtru—m InwmatHwial "East Meets West" Buffet Hi-tea Every Saturday, Sunday AMJii PubUc Holiday at Cafe Vanda UV/ 12.00pm 4.30pm Adult $14.80* '(wVNS^ Child 10.00* (4-12yrs) V s T«o favourites include Wm Sum, Satay, Laksa, Rofak, Chicken Pie and more! Popular desserts UkeChendot
      272 words
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      96 23 Dinner Ma-Cirte Battel Be enticed by our Lobster, Shark's Fin, Seafood Dinner Ala-Carte Buffet! Indulge in over 55 items to choose from, our ala-carte buffet is a must-try at such reasonable prices! From 6.30pm to 9.30pm $28 Nett for Adult $16 Nett for Child (10 years and below) (Surcharge of
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      Lock icon Page 23 Advertisements Column 3
      263 23 fijflppi HGIJiTrI Iff Iu I IIM >TB I fttwtfjl MiVxn. I I Dbcount Ml be Up deducted from the bffl >t& Tm I flot valid with any other do- Mb jMjjfcL*'™ J count, voucher or promotion. w* Flea* present this adverI tisement before ordering. Tor dine-in only. Great Value Set
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      91 23 Function Room available for your Seminar 8V; Company Dinner Dance 1 Birthday Anniversary Dinner Dance Baby's Full Moon Baffet and Coffee Break available: VCD, Karaoke, full sound systeail Maximum 100 pax Minimum Seminar -15 pax For enquiries, call us at 430 4119 218 Queen Street, Singapore *****9 A member of
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      62 23 §|i* I Spring Court The Oldest I Chinese Restaurant in Singapore since 1929. 73 Anniversary Special PEKING DUCK I rated to one per taMe witti mn order erf $50 onwarcK mm rs World Soccer Time! Catch the Semi Grand Hnal at Actl cheer your way for 2 to Japan! Enquiries:
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  • PROFILE/EPICURE
    • Article, Illustration
      Lock icon PEACE CHILD
      910 24  -  pabvathhtayar finds out what makes Gerson Perez, a 2002 Nobel Peace Prize nominee, tick PARVATHI NAYAR IN blue denim, a string of bright yellow beads and sneakers, the curly-haired youngster could just be another likeable, bright-eyed teen. But 16-year-old Gerson Perez is all that and more a 2002
      ARTHUR LEE  -  910 words
    • Article, Illustration
      Lock icon Will it be hip to be Square?
      654 24  -  Novotel Apollo's The Square is testing waters with a new, interactive dining concept By Corinne Kerk WHEN standing before what looks like a buffet spread. Singaporeans' reactions can generally be categorised into two types: those who will grab whatever looks good and pile
      654 words
  • Page 24 Advertisements
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      581 24 i i.-:-r.-y /S) fl®& ii \I/ BANK OF CHINA Head Office 1 Fuxlngmen Nei Dajie, Beijing *****8, China. Tel (0086) 010 6659 6688 Telex ***** BCHO CN Fax (0086) 010 6601 4024 Http //www bank-of-china com Singapore Branch 4 Battery Road, Singapore *****8 Tel: (65) 6535 2411 Telex R*****6 BKCHINA
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  • COVER STORY
    • Article, Illustration
      Lock icon Striking the right chord
      741 25  -  What were the unforgettables of this year's arts festival? PARVATHi natar reviews the overall programming PARVATHI NAYAR SINGAPORE Arts Festival 2002's overall programming, despite certain hiccups and some deep disappointments, found real resonance with viewers and reviewers. After all, the combination of "comprehensive scope and cutting
      741 words
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      275 25 Off The Cuff returns next week Win up to $10,000 weekly in our n Daily Draws! 3r^ S f rjf Be a winner at the Great Singapore Sale from 24 May to 7 July 2002! Just spend $30 minimum in a single receipt at any participating outlet Jr i and
      275 words
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      Lock icon Page 25 Advertisements Column 2
      384 25 Cnppage Temcc deal over a meal Complimefitaiy BT at the malls YOU can pick up more than bargains at Cuppage Terrace, Tampines Mail, Junction 8 and Funan IT Mall tomorrow. A consumer promotion between BT and CapitaLand's shopping malls means you can get a free copy of BT Weekend on
      384 words
  • Page 25 Miscellaneous
    • Miscellaneous
      Lock icon Page 25 Miscellaneous Column 1
      187 25 CRYPTIC CROSSWORD 26 I'm going back in jeans surely get it straight! Across: 1 Mascot, 4 Abridged, n 3 grant (7) 9 Nearly, 10 Ignorant, 12 Axis, shrub (7) 9 Take what is suitable (11) 13 Moral, 14 Yeti, 17 DoubteviDOWN 13 Getting back from the sea skxy 20 Chiropodists,
      187 words
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  • EXECUTIVE Lifestyle
    • Article, Illustration
      Lock icon BRAVO!
      1091 26  -  The curtain has fallen on the S pore Arts Festival 2002, seen as the most dynamic yet PARVAim kayak talks to the people behind the scenes for a post-mortem of the event PARVATHI NAYAR THREE-and-a-half weeks of dizzying arts immersion ended last Sunday with Japanese multimedia company dumb type
      1,091 words
    • Article
      Lock icon The verdict
      261 26 BT rates the recent Singapore Arts Festival Pirtrti: K K Seet, Eleanor Wong, Chnstian Huber, Christina Sergeant. Chua Soo Pong, Cheah Ui-Hoon. ParvatN Nayar score Le Costume by Peter Brook and Theatre des Bouffes du Nord 93 Medea by Ku Na'uka Theatre Co 85 Occupation (Festival Commission, written
      261 words
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  • SHIPPING TIMES
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      Lock icon DAILY FREIGHT
      37 27 THE Baltic Dry Index rose 3 points to 1,003, the Baltic Panamax Index gained 8 to 1,014, the Baltic Handymax Index fell 9 to 7,570 and the Baltic Capesize Index was up 2 to 1,153.
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      Lock icon MARITIME STOCKS
      273 27 MX '000 a v« CWT Distribution 0.79 uncA 0 Chum Hup 0.40 -0.01 754 Cosco ln»#jtm»nt 0.21 0.01 120 Freight Links 0.06 0.01 160 CB He a nas 0.80 unch 0 J«y« Holdings 0.25 0.01 406 KeppolCorp 4.12 0.04 2582 KeppolMorine 0.17 -0.01 52 KeppelTete 0.99 unch 38
      273 words
    • Article, Illustration
      Lock icon PSA in talks with lines on berth joint ventures
      638 27  -  Major consortiums now have enough volumes for snch a move to be viable By: Beth Jinks [SINGAPORE] PSA Corporation says dedicated berth joint ventures with major shipping lines are viable in Singapore because alliances and consortiums now have sufficient volumes to
      638 words
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      Lock icon Ship with 2 tons of cocaine aboard arrives in France
      295 27 AP [BREST, France] A Cambo-dian-registered ship loaded with two tons of cocaine and fired on by the French Navy two weeks ago arrived under escort at a military port on Wednesday, ending the first chapter in an international high seas
      AP; AFP  -  295 words
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      Lock icon One-year time bar for bringing action holds: US appeals court
      772 28  -  ADMIRALTY CASEBOOK -By I Selva Kumar A US appeals court has upheld a lower court decision that the one-year period to bring an action against a carrier under the US Carriage of Goods by Sea Act (COGSA) applied even if
      772 words
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      Lock icon Help soon for trapped ship
      61 28 Reuters [ANTARCTIC] A picture of Magdalena Oldendorff taken at the end ofMay at the Novo Barrier, Antarctic. A South African ship, theAgulhas, has left Cape Town to rescue the 107 Russian and German scientists marooned on the German-owned ship, which ran into impassable ice on
      Reuters  -  61 words
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      Lock icon SHIPPING SCHEDULES INDEX
      207 28 PACC GLmk 8 Avant 8 Gtor 8 B'tang Mas 5 H4n fl' 1 BSA i Hamburg Sud 5 BSC 8 H( *9 h 1 BTL 8 Heung-A 3 CMA CGM 3 HuW.me 8 COSCO 3 HUAL 8 Central Ei 4 Hyundai 4 Chahaya 8 Cont 4 China
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      Lock icon SHIPPING GUIDE
      9173 32 THEBUSINESSTIMES EXPORT «oveni»r vess« Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone P*** ""ne Njme Number Number SIN Dest n Name Name Number Number To ABIDJAN IABJ1 ?om r- e*. T BELLBAY < BEB > 204B Austral!. Cot* DI voire 09/07 23/07 mol sam ratulangi pb i ooir
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    • SHIPS IN PORT
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        Lock icon CONVENTIONAL WHARVES
        828 35 Vessel Voy lit Berth Arrival Departure ■WUtMT I 27/06/2003:25 27/06/2017 01 w *»2 J01 27/06/2010:00 27/06/2017 01 81KARSAM1 02 JUN O? JOI 27/06/*****0 27/06/*****1 BAYSWATER118 £2155 J25 27/06/2008 25 27/06/2023:5 WIOIAGUNG J8060/ J02 27/06/2009 40 27/06/2021:5 SEMPURNA SEJ SS0226 J04 27/06/2009 55 27/06/2023:5 ROYAl FREIGH 108 J02 27/06/2009
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        Lock icon CONTAINER SCHEDULES
        2165 35 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO J Vessel Out In Berthing Unberthing J Name Voyage -Voyage I POND BOTANY _01E 01E 27/06/2002 01:35 28/06/2002 00:3i i YOUNGLIBERTY 006A 006A 27/06/2002 0155 27/06/2002 14:0 WANHAI211 N124 N124 27/06/2002 03 05 27/06/2002 15 0 PU GLORY LB017 LB016
        2,165 words
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        Lock icon GLOBAL HOLIDAYS
        176 35 Jull Canada: Canada Day Brunei: HM The Sultan's Birtl day Hongkong: HK Spe Admin Reg E tab Day Jul 4 United States: Independence Day France: National Day Belgium: Belgian National Day Jul 14 France: National Day Jul 15 Brunei: Sultan's Birthday Jul 17 South Korea: Constitution Day Japan:
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      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        778 35 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesued stem Market movements are indicated The Cockett Bunker Price Index change and the
        778 words
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        Lock icon VERITAS BUNKER QUALITY REPORT
        604 35 total 180 Mai 986.7 0.6 17.7 0.06 41 0.03 Jufl 20 Density Water Residue AshAlumintum Sediment No above E25 0 0 3 0 0 0 380 Ave 985.6 02 14.2 0.06 33 0.02 Hum 380 Mai 990 9 0.9 18.5 0.09 122 0.04 »6/M'3 %W m/m
        604 words
    • AIR & LAND transport
      • Article
        Lock icon US House committee backs bill to arm 1,400 pilots
        460 36 Measure still has to be approved by the House and Senate to become law Bloomberg [WASHINGTON] The US House Transportation Committee approved a compromise bill that would allow as many as 1,400 pilots to carry guns while flying commercial planes in
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        Lock icon UK rail turned over to state-backed firm
        71 36 [LONDON] Britain set about trying to restore confidence in the country's creaking railways yesterday, when a state-backed firm agreed to take over insolvent rail network operator Railtrack. Railtrack Group pic said it had signed contracts to sell its operating company to Network Rail
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        Lock icon SriLankan Air to add A320 to fleet of eight
        291 36 New Dow Jones [COLOMBO] SriLankan Airlines said yesterday it will add an Airbus 320 to its current fleet of eight aircraft, which was reduced following a Tamil Tiger rebel attack on the country's only international airport last July. The move comes
        New Dow Jones; FILE PHOTO  -  291 words
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        Lock icon Pork Chop gets the chop from Northwest
        181 36 Dow Jones Newswires [PAW PAW, Michigan] Pigs can't fly after all at least not in the passenger cabin. Northwest Airlines (NWAC) is backing away from an earlier commitment that granted a "talking" Vietnamese potbellied pig used in a Paw Paw woman's ventriloquism act
        Dow Jones Newswires  -  181 words
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        Lock icon M'sia offers incentives to air cargo operators
        271 36 AFP [KUALA LUMPUR] Malaysia will extend cash incentives to air cargo operators in yet another attempt to boost business at its main international airport, reports said yesterday. As part of a campaign to turn the Kuala Lumpur International Airport (KLIA) into a regional
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      • LOG Book
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          Lock icon ANA loses customers to World Cop
          87 36 Bloomberg [TOKYO} All Nippon Airways (ANA) said passenger numbers this month have been disappointing, as more people than expected chose to stay at home to watch World Cup soccer matches, or travelled by train. "It doesn't mean that the passenger numbers fell compared with
          Bloomberg  -  87 words
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          Lock icon Cyprus Air prefers smaller govt share
          101 36 Xinhua (NICOSIA) The Cyprus Airways has suggested that the state should reduce its participation in the company to 51 per cent to help the airline meet increasing competition and demands of liberalisation, Cyprus Mail reported yesterday. In an address during the airline's 55th Annual
          Xinhua  -  101 words
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          Lock icon Airtran won't need US loan backing
          62 36 Reuters [NEW YORK] Airtran Airways, a unit of AirtTran Holdings Inc, said yesterday it will not apply for a federal loan guarantee offered by the US Air Transportation Stabilization Board following the Sept 11 attacks, citing its "strong business model". The deadline for applying
          Reuters  -  62 words
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        Lock icon AIRCRAFT ARRIVALS AMD DEPARTURES
        1852 36 an maw n» war n> Mataide LH9770 2230 OurWd S0405 068 IPg» 2230 Fraakfurt LH9762 0635 GA972 0005 Amsterdam $023 0605 Ki83« 2225 LW767 0635 LH9765 1230 GA975 1025 S036 2345 S025 0(35 S0326 1230 KLB37 1510 LH9764 1445 BA7357 2250 -rim, mt i MOM 0645
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    • PSA SPECIAL
      • Article, Illustration
        Lock icon Retired PSA pilot shares memories
        456 37  -  By I DONALD URQUHART FOR Mervin Elliotte Lewis the memory of a clear June morning back in 1972 will likely forever remain as crisp as the event itself. It was a moment of immense significance, but one few people could have possibly^-ecognised then. Singapore was
        FILE PHOTO; CHRIS LOH  -  456 words
      • Article, Illustration
        Lock icon Milestones
        239 38 PSA 1964: Port of Singapore Authority formed as a statutory board. 1965: Jurong Port's first deep water berth built 1972: Arrival of MV Nihon, June 23 Commences operations at first container berth at Tanjong Pagar Terminal Purchases first mainframe computer. 1981: Achieves one million TEUs in single year for
        239 words
      • Article, Illustration
        Lock icon Boxes that have transformed shipping
        927 39  -  Starting with the first ship carrying just 58 containers, today, over 200 million are moved each year, says ptbamcsberc PT BANGSBERG LIKE many revolutions, this one started quietly enough, little noticed, in an unlikely place. Malcolm McLean, a road haulage operator in the southern US
        927 words
      • Article
        Lock icon Business behind the celebration
        358 40  -  Beth Jinks FOR an industry preoccupied with speculation about inevitable consolidation and the relentless battle to restore collapsed profit margins, tonight's celebrations provide a rare forum for shipping's top men to settle business face to face. And as the who's who of the world's shipping and
        358 words
      • Article, Illustration
        Lock icon The container bet
        689 40  -  Singapore took a gamble and has grown to be No 2 among world container ports, reports beth jinks BETH JINKS SINGAPORE risked millions on an uncertain container revolution but the gamble paid off. The Republic's success as a container port was built on the foundations of a
        689 words
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      135 27 Container bet that struck gold Special Report on PSA's 30 years of containerisation Back page: Pages 14-11 Aviation news and aircraft schedule are on pg 10 Sp9HKK|jj|^H And yet, the world largest container transhipment hub has no traffic jams. PSA's advanced technology systems such as PORTNET and CITOS enable most
      135 words
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      618 28 I ro USA/CANADA 1 I EXPORT I I OTHER aeSTINATKMg I GH- l?!T| l r^^lrHyl'« WTO l"^l' I, gggiJS*g!Ur ll I UUUMTM MK» 7V» I 74*4 I 17/07 14/07 17/07 17/07 17/07 20/07 ZZTTZ I" "'0 00Q*1)HU»5 30E77 02/07 1 03/07 1 11/07 73*7 74/07 74*7 74*7 77/07 &A WTIKfIMfM
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      87 28 WORLDGATE EXPRESS LINES PTE LTD 180, Cecfl Stre«t, #16-03/04, Bangkok Bank Buikflng, S*por» *****6 Tel: *****911 Fax: *****073******63 Email: wgatedmbox2.singnet.com.sg WEBSITE: http://www. worldgate com. sg WEEKLY FCL LCL SERVICE TO FOLLOWING PORTS sounmsiAsu' aw JMWB ——maKan PORT KEUKG/PfMAWfi ns/n? HONG KONG/CHINA 575T" TniSij M/ru SEzzifc ma ufa cSSL/dhau —ffiojWW KAOHSIUHG
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      587 28 Line services represented by Members of ihe Registry of Accredited Shipping Agents, Singapore Shipping Association Mem ben of tbe Singapore Logistics Association CONTAMRS/ CO*VHfT)OMAI CARGO ran UAwo/ywaroM/Mtuuru t ungkok yKy VOY CTAPKL ETASLN ETAMALE E»pm*Ll> MB am wu Nl7 Priam* Uh we I **7 I**7 2M7 UU MARINE SERVICES SINGAPORE
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      1115 29 TO EUROPE FROM EUROPE ¥RSfl VOT <M HTM ANR HAM WV SOU tflnivßSa I WHM WIM iV iflU m SK HTieffBCOW 30SW 01/07 19/07 21/07 23/07 17/07 HYUMMI OBaWBT UK 01/06 10/06 12/0* Ob/D* 79/0* APISARMNTX io9w <x/ 07 24/07 24/0722/07 mravaMuia *****1/01 u/o» 15/04 it/oto2/07 HaraCBJOH 003W 05/07 21/07
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      1560 29 NEW DIRECT CAU. FROM S'PORE TO MR KEUUK, MUm, UUUM u.1.17* Jm 04 MWHSOH It 117-00 SAUS/MGS THj A *****57/41 fit A*****H/24 I lllflffti MMH MMi tod. L. COSTAR SHIPPING PTE LTD U" uro,i|| w« M»MW *?msj?S/7S I MllwWl, N (IIM wal. IM JDM CI NO: **********0 M IE; AIM
      1,560 words
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      553 29 VOT_Tf fGU HKG sSuTnJS IWC KEL USN PUS KMT( KEHUNC 209 M 3/7 4/7 7/7 10/7 12/7 14/7 AOVKMiT 044N 29/6 3/7 5/7 mi( ULSAH 209W 10/7 11/7 14/7 17/7 H/7 23/7 KMTCSWGATOK 209S 5/7 12/7 14/7 14/7 17/7 20/7 KMKHOWGKOW 209N 17/7 11/7 21/7 24/7 26/7 30/7 |*aiItt6UBITE OOSWI4/7
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      853 30 HYUNDAI MERCHANT MARINE CO., LTD. Hoatpay: www.h-21.cw Q NO. **********0H I*sBl VOT ra"l SOU UN |B»|W|HWI ■V~]|W»l VOT I SOU lUN RTM ANT NAM BRV HY FORTUNE 304W 11/ OS 04/04 79/05 30/05 01/0* MOL SOLUTION OOSi 76/04 77/04 71/04 73/04 14/0$ Aft MOU 101W l(/0S 07/06 07/06 04/06 05/06
      853 words
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      963 30 WAN HAI UNES (S) PTE LTD \vT\WAN hai lines www.walkai.ceM.t9 ■'■'WisiMiiiNaiDDsstniwiLmM/Titai NULntov '"rrjuriiHmi s:a !S I!r 5 5 5 IZuni OW V/V O»D7 Io*7 IW iy( w M IW I!22!JS W 11/« 17*7 IVB7 lk/117 17/17 17*7 IM. S ,#,M ,v iv» i 7« »w n*7 nw ■jTl'l'l 111 I
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      718 30 <$ WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO All NORTHERN AMD WESTERN ICD TOUTS rasa VOY SM PJQMG (OLOMSO R. SMEVA COUMMO usmsm sou* i7ju* ifjm nm ~Hm Im TOWfl IllOtt (UK 74 MM X JIM "loA* 3*5 TH WAPHWA m IHH 3JW ~7MT~ mm "uiut iOtDWOti WIS 1 )Ui
      718 words
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      1061 31 IRISL, Jirte ihlLity&ti M&srJ Utr) &£3®(pite} Jihijt&ijgjih IbSUJ (gtf Ihxzfktig) fax? Ife) ]jtii}sjlfjdl (p&itiJite i](fj JuxsJjij XS&]j i°]g Q(s) liJ tfthi) Qlifcjjitesiji) QUeq®* AGENT IN SINGAPORE AGENT IN MALAYSIA AGENT IN INDONESIA SS!°f£!S!i J!l?£r T IH?,. R N0 *****820 000H BOUSTEAD SHIPPING AGENCIES SON BHD PT SINOSE CONTI PER SAD
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      533 31 Uk Continent service Loading tar MARE ROM/ATW/BMN/UK/NAN OCEAN OLYMPIC ROM/ATW/BMN/UK/NAN STARLING ROM/ATW/BMN/UK/NAN Loads Singapore. E7W Malaysia. Indonesia MIDDLE-EAST SERVICE Loading for SEA BRIGHT JDH/AQA/DMT ASPILOS JDH/AQA/DMT FAVORTTA D 81/ABU/DOH/BR N/DM M/K WT AGIOS NECTARIOS DBl/ABU/DOH/BRN/DMM/KWT TRADER DBl/ABU/DOH/BRN/DMM/KWT "Loads Singapore, E7W Malaysia, Indonesia USA SERVICE Loading for ANGAFtt CAM/N F K/SA
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      924 31 m YKM XQI Ml p PM UMOA f~ 07 SH *Hv! PX UNTAX 1115 30/0* 03/07 PA( lANDA o/lS S'o7 0 '/07 MZW &JH mum* o/Jfx 5r57 1 1154 IMB 01/07 Fk( lAU 7197 u/e; 13/07 VBM iSI iH M vfssn yo* 5 c u inpo EXPRESS 1 jarooo j?,
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      137 32 LINE W Vmy W» K»m «M" Millenio Tower 203N 29/06 26/07 04/08 05/08 07/08 09/08 Millenio Tower 203N 29/06 20/07 03/08 Millen.o Tower 203N 29/06 10/07 ITTgT 18/07 Millenio lower 203N 29/06 30/07 08/08 09/08 11 /08 13/08 Sinokor Seoul 209N*'"***** 26/07" 04/08 05/08 07/08 09/09" Sirtokor Seoul 209N" 06/07
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      187 32 en CWT globelink pte ltd OWN OFFICES IN TE L: 62 2 518 3 3 (36 LINES) FAX.*****742 M SYONI Y MELBOURNE PENANG PORT KtiANG PASIR GUDANG KUCHING BANGKOK KARACHI BOMBAY NIW DELHI-COLOMBO HO CHI MINH CITY-HAIPHONG HANOI-BREMEN HAMBURG- TIANJIN OINGDAO SHANGHAI XIAMtN FUZHOUDALIAN XIAN BEIJING iHI HA ZHUANG GAiT
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      60 32 M WINSTAR SHIPPING PTE ITD IH ivmn MI ******07 aNO H*****0001K Hwp|i jwwwau {mi|tw) tn—ry^—mnail 6 SAji WeoUy (Mm Sot) 3 Sdfagt Weekly (Mm. W«4. fri) loodmg Juronf Pwi Loodmg et Container Pwl Door to Door FCI/ICI/ FCL Cortomen Conrentronol Carp Do* to Door far nifii iu /htm erf Stimttim.
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      242 32 .^BSAa teA MYANMA WMtk FIVE STAR UNE (MyoMMf NotiMMi Line) loodiaf for Y*6fM VKSII VOT SIN PU PIN PGU CHM SHWI HAW S4W SU) PAGAN V3O6W SID IN MAUTSIA: IOUSTUD SHIPPING AGCNCKS *UL 03 *****)00 MIL 03-*****101 PIN: 04 2****** BANK LINE (A ftrvk* of Andrew Weir Shipping) Vr NORTHBOUND
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      82 33 KALIMANTAN 1 DIRECT WEEKIY SERVICE TO 1 JAKAETA/PAIHUAMG/PUMAI I *t I ii «T |rO«G DUMAI 1 lACMUMKIII OS/O? 03/07 N/17 *****" I ttfo il/*> V MWgl H7H TC7I7 ***** JT/fT SURABAYA/PANJANG I *«t sii T~sui Vfrn a HUG* |o»/Q? 04/07 09/07 U/ir I PERAWANG/PEKANIARU Vwl Vw SHI niAWUK fKAWOUU I
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      93 33 FULL CONTAINER SERVICE SIN PASIR QUDANG SIN DAILY SAILINGS [VESSEL IVOY ETA PG DAY VOY ETASXI QAVI PWOGRESS 26ire 27/06/02 THU 2617S 28/06/02 m GOLDEN STAB 152QS 28/06/P2 FW 1520S 29/06/02 SOT PROGRESS 26 IRS 28/06/Q2 FTB 2618S 29/06/02 SAT GOLDEN STAR I 1522S I 01/07/02 MOW ***** M Q2/07/Q2
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      75 33 iTAsnn iQADmfot 71 JUNf COiOMIO, NUJMIAI, lANDU 30 JUNE DUIAI, DAMMAM, ABU DHAII 27 JUNE CHENNAI, MUMIAJ 7 MY ONTTAGONG, CALCUTTA Weakly OwKuiiwi Service to CBlieiki/Mate/IHuiifrui/P. Guff PHOENIX SHIPPING iptdlid MONTHLY BREAKBULK SERVICE TO SOUTHERN AFRICA AND INDIAN OCEAN ISLANDS VESSEL NAME VOY SPORE DURBAN PHOENXI I 07WB 20/07 01/08
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      59 33 ETA ETD LOADMQ FOR JUN3 24/08/2002 25/06/2002 PHNOM PENH TROPICAL ROSE 30/08/2002 3Q/08/7002 PHNOM PENH JUN 3 IQ/07/2002 12/07/2002 PHNOM PENH ft VUNGTAU (30 TON DERRICK AVAILABLE) THE NEW STRAITS SHIPPING CO. (PTE) LTD SI ANSON ROAD f0»-53 ANSON CENTRE SMGAPORE 0207 TEL «*****07/iaooaa TLX RS23ISO FAX §*****95 CR NO
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      99 33 5= ESP LINES MEW WEEKLY IQ SEUVKE TO UGOS Vtssa SAUK CVHtY THURSDAY 10APM6 tVIIT WtD AT KffTfl MSTHfAML CONVEtmONAL/UEAKBUIX SOtVKI EUSM LOAXMNC FOt MV UN 74/07/7007 DUIAI OMUUM MM LMMt HtOM iHtl BUM HOKtMUMMMTT* mm. «n. VPOCt TH; ******11 ML ******17 ,Al B,tt nM6 TH: *****33 fU JJJ77OI JP
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      753 34 Utm* IWIItIM ipBSjSSEm[S ram llJl.M|liwt«lliß H6fl ItlOGf WO* 07 03/07 0911/07 1417/07 I TJKISHAI* WIN oso*/07 iM4/07 19 20/07 I ii€aisu*o w* 0110/07 1414/07 7374/07 I nearwi wj* 1? 13/07 19 71/07 *27/07 I __n6aillo« WW It 17/07 7375/07 30-01/07 i SIN CAL TIGH CUfF 050 0408/07 fTTITO/ 1 ACHIEVE!
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      905 34 I VESSEL NAME VOT SWGAPORE PORT lEIANG ONTTAGONG MMU ETA ETA ETP nA ETP ETA ETP PC TEAL 01N122 SUN 30/04 01/07 oyo; 09/07 KUOHSWWG 0****** MOW 01 07 03, 07 03/07 *4/07 11/07 HONOUR 07N047 WH> 01/07 04,07 04/07 08/07 12/0/ OC PITAA 02N119 SAI *4/07 o*/07 o</07 12/07
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      1035 34 //b |PDZ LINES I nr—-"- CUSTOMS SHYO: TIL 02-4721-5594 FAX; 02-*****1W I MMWIt TONC JOO SHTftO HI UP faj fceetßgiftiji i— i| I GISWH 2271 01/07 GUOO 2196 01/07 GWA* 2237 21/0* GILIAN 2237 29/06 IBVOI 0M »/ttl GISUMG 2012 04/07 GISWH 2271 01/07 OWING 2221 ***** G«i 21S1 09/07
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      170 34 BREAKBULK CONVENTIONAL SERVICE DIRE a SERVICE FROM SPORE TO KARACHI Ivpsa 1 vouct msiGAKm roiMMi Oirt lIWW 70 73 07/0? 31/07/07 IS* I IttHW OS-07/M 0? 14/ M 0? «—SEA-PAC MANAGEMENT PTE. LTD. 70 Anson Rood *17-07/08 Apex Tower, Singapore *****5 Telephone: 6270 0977 II Facsimile: 6275 2309 Telex: RS
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  • Page 35 Miscellaneous
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      124 35 OS TOPE life 120? ~jBL.. LEGEND: Issued by Meteorological Service Singapore K Thunderstorm Showers Rain Temperature Wind direction and speed in Knots Cloudy Day Wea,he U oo Hazv Wind speed symbols oea Conditions O Full circle w/o line indicates calm or light and variable winds j flight, < 1.2 m
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      21 37 *i-'.i T4 r Best Wishes df Congratulations to PSA Corporation Limited on its 30th Anniversary of Containerisation cwr CWT Distribution Limited
      21 words
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      457 37 ===^—1 ORDINARY MEMBERS T f... •Y, Pi- It! A .L. It: A.P I v. 'Cu L!: c I" L L Pi- Lt.t Ar- j.,*., Y• A-.« P.. I .p.. ~.A p." a! A r IY-AaD s 4 Pv A A Pv v M;: rr a- f S r<}.i, <»■ Pv
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      157 38 I NYK LINE (ASIA) PTE LTD I I Congratulates I I PSA CORPORATION LTD I I on their I I Anniversary I I of Containerisation I I 'NYK LINE (ASIA) PTE LTD B 150 Beach Road, #25-00 Gateway West, Singapore 1 ***** B Tel: 6295 01 23 Telex: RS 2
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      34 39 HEARTIEST CONGRATULATIONS TO PSA CORPORATION LTD ON YOUR 30 th ANNIVERSARY OF CONTAIN ERISATION 1, Kim Seng Promenade #13-01/03 Great World City East Tower Singapore *****4 Tel: 6338 8966 Fax: 6337 0987 Website: www.penta-ocean.co.jp
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      54 39 j^'Jtr -Jy Tsy 1 ,H? (t m i i *j| Iv* ,*3% -t^ It j ijT j- 1J F y 66 jH EC ~Jff S A .ff J| s 1 P&O jl 6 Temasek Boulevard jl #11-01 Singapore *****6 Your success is our success. ssik" EET3 Nediiova I PEOPLE DEXSr
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      71 40 ■■■■b MmjdPt* fl JCKV V lit >y IB \-§lyy m IW V II WjH I k i <kiu :.i Ai -^jj^l.ji nil i\l I b, ■>■ L'J jfcjthM I I>■ I I 1 M I 'ffli\l I <Jo>-fay-<fciy. Thanks lo the support of customers who are won flexibility. More importantly;
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