The Business Times, 26 July 2002

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Microfilm: NL24512
Total Pages: 34
1 34 The Business Times
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  • Title Section
    Lock icon Masthead
    17 1 THE BUSINESS TIMES MTA 86* BINGAP ORE I i» hornet ht%. Kisiness tir> FRIDAY. JULY 26. ?002
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  • Article
    Lock icon MARKET SUMMARY
    59 1 n« M W« (-6J9) OCSBWSr SOBK3 PTOSES ■Ml (+1.00) ttMUMASXRQaUCESr. mw3I5-5S NHHS» MMJt I?JI 0 BANG SENG _JJ#4.78 -8711 SET INDEX Oned JAKARTA COMP-463. !< -487 MANILA COUP .I.14U1 -7.71 TAIPHWP1_—£,***** *&M SEOCLCOKP TttSl >Ul SHENZHEN B UM >LM ALSTALLORD JJKM +UM BOMBAY IND_MHJV till Noon EST Ckmgt
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  • Article
    Lock icon FINANCE
    60 1 FOKEX KATES uss si U«<8*jKrUSS) L74I £llSi/8lpef£)_ L57« 176® EUUO(lSS/S$/E). MM 1.741 YEN lit* MJO EM MM 1178 EES. im 4.470 BAHT 4LN !U1 RUP1AH MR 6,169 PUMB BATES '«f tt 4 SNQAIW IM KUALA LBHPUR 6.40 HONGKONG __SJ2J JAKAKTA »M mw «f»* TOKYO .1J78 fflooL m mmvKT IM
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  • Article
    Lock icon Soft US economic data cast doubt on Dow rally
    654 1  -  Wall St opens with steep loss after Wednesday's monster rally From Andrew Marks in New York AFTER Wednesday's tremendous 489-point rally, New York stocks fell over 100 points right from the opening bell yesterday and struggled the entire morning to hold
    654 words
  • Article
    Lock icon Japanese investment in S'pore slows as firms relocate
    611 1  -  China is favoured destination of Japanese companies because of lower costs By Rachel Ong JAPANESE investment in Singapore is slowing at a time when more and more Tokyo firms are relocating from here to China and elsewhere, figures obtained by BT show.
    611 words
  • Article
    Lock icon Is Wall Street nearing its bottom?
    682 1  -  HOCKLOCESXBW From] Neil Bekrmann in London CALLING a bottom on a flock market is fraught with false starts, as countless bottom-pickers have found to their cost In the past few months. So before posing the question of whether the selling on Wall Street has
    682 words
  • Article
    Lock icon Centrepoint cuts prices at 2 Yishun condos
    565 1  -  Mm comes as some developers eye hikes after Sept 1 By Andrea Tan, Kalpana Rashiwala [SINGAPORE] Centrepoint Properties is cutting prices at two Yishun con do projects to entice buyers to commit before Sept 1 when downpayment rules will be relaxed even as
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      88 1 US •conoftty Wall St overstating rotepiayed by Fed: ■Hu I^Bfl US economy remain b on sound 1 footing: Paul O'Neill. *9 1* US durable goods orders down 3.8% Top Stories Port of lanjung to honcfls 10m containers by 2005: Or Mahathir. -0. j| Ascott Interim net i soars to $23m.
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      14 1 Bui|Mi»6 drop in US new orders, Pg 16 KepCorp interim r hits SlB2m -vM
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      127 1 i MM *f- <\ TO CELEBRATE THE 30TH AN NIV E*S A V OF THE rn Royal Oak. Audenars Picuet is backirc M Alihchi. Swiss Challense for the America's ff XXSKa j V B\ CUP 2003. H£JB-' ATr Wl H \v *fi 0 0 B '"it iiDEMARS PIGLET if mattrr
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  • NEXT page
    • Article
      Lock icon Pelepas will handle 10m containers by 2005: Dr M
      515 2  -  W«rk Mcrad phase to add 6m TEUs capacity will start next month From Eddie Toh in Kuala Lumpur THE Port of Tanjung Pelepas (PTP) in Johor will more than double its capacity to handle over 10 million container boxes by 2005,
      515 words
    • Article
      Lock icon NEWater will be good for ties: Musa Hitam
      568 2  -  Amereself-reliaiit STpore will benefit Malaysia as well By Yang Razali Kassim [SINGAPORE] Musa Hitam may have retired from Malaysian pontics. But when it comes to Johor, no one should Ignore the country's former deputy premier. For this is the state that supplies
      568 words
    • ON THE grapevine
      • Article
        Lock icon Do it for S'pore and me
        93 2 FINIAN Tan, managing director of Credit Suisse First Boston, shared with university students at a symposium on Wednesday his vision of an ideal Singapore of the fature. He hopes to see a cosmopolitan nation fall of vibrant people. And hopes Singapore will give birth
        93 words
      • Article
        Lock icon Splashing out on sports
        155 2 WANT to make an impression or, more accurately in this case, a big splash? Here's how to get your corporate name out in front and do a bit of useful national service at the same time. There has been quite a bit of debate mi how
        155 words
    • Article, Illustration
      Lock icon Wall St overstating role played by Fed, says Robert Rubin
      694 2  -  \B*i Catherine Ong [SINGAPORE] Former US treasury secretary Robert Rubin yesterday poured cold water on Wall Street's forecast for a near-term recovery in the US economy, saying the outlook is anything but certain. The chairman of the executive committee of
      ARTHUR LEE  -  694 words
    • Article
      Lock icon SEC probes 12 Wall Street banks for possible violations
      344 2 leqeiry related te condnct of their securities analysts AFP (WASHINGTON] The US Security and Exchange Commission has opened investigations into 12 Wall Street investment banks for "possible violations" of laws related to the conduct of their securities analysts, SEC director of
      AFP  -  344 words
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      91 2 Finally... A Retail Management System that's really complete t ■■■Zj Retailigence is designed as an and to end system. Point Sa,e < Back Office and Accounting are seamlessly linked No integration required. You don't need the hassle of integrating and supporting (Jf different software from multiple vendors. They usually dont
      91 words
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      9 2 DrM remarks could point to early GE, Pg 11
      9 words
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      49 3 ROGER DUBUIS I 11 i r nn < f f c I IV 7 MV_ V. j V V. i I v f* i /.a 4 < I f 1 Jjfk ;Wf JfCwH W Yafriro I < < Icbn rI < I IH|)S I'.ii.njnn ")U (In li.inl Ivo.kl di "i
      49 words
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  • SINGAPORE companies
    • Article
      Lock icon Keppel Corp's H1 net profit hits $182m
      651 4  -  Earamgg, exclading exceptional item ia Hl2OOl, are 31% higher Byi Conrad Raj KEPPEL Corporation, once a bellwether tor the Singapore economy, continues to be one of the bright spots on the local corporate scene, with first-half earnings beating most analysts' expectations. The diversified
      651 words
    • Article
      Lock icon CapitaLand's H1 profit seen at $73m
      488 4 Analyst*'estimates came after Ql's $32m profit Reuters CAPITALAND Ltd. Singapore's second-largest property concern, is on track to recover from huge losses last year, with analysts forecasting steady profit in the first half and a jump at the end of the year from asset sales.
      Reuters  -  488 words
    • Article, Illustration
      Lock icon Ascott interim net soars to $23m
      474 4  -  OrMppUast* expand iaEnwpe, lhrtk Aria farm By Vince Chong SERVICED residence group Ascott yesterday unveiled an interim net profit almost six times bigger than last year's, as well as plans to grow Its business in Europe and North Asia in the second half. Ascott.
      CHRIS LOH  -  474 words
    • Article
      Lock icon Km Eng turns bullish on Singapore stock market
      427 4 Reuters THE Singapore research head of regional brokerage Kim Eng Security*, who has been negative tfout the local market's prospects, •aid yesterday thtft he has reversed course d«fte to a recent shift in government policy. "For the first time this year, we
      Reuters  -  427 words
    • Article
      Lock icon High Court postpones APP hearing to Aug 14
      224 5 Bloomberg Dow Jones Newswires SINGAPORE'S High Court has postponed until Aug 14 a second hearing from creditors seeking an independent administrator to manage the Indonesia-based group Asia Pulp Paper Co, lawyers said yesterday. Deutsche Bank AG and BNP Paribas approached the High
      Bloomberg; Dow Jones Newswires  -  224 words
    • COMPANY Briefs
      • Article
        Lock icon Datacraft wins US$2.4m job
        29 5 Reuters DATACRAFT Asia Ltd said yesterday it is setting up a US$2.4 million network management system for Taiwanese private telecoms operator Eastern Broadband Telecommunications. Reuters
        Reuters  -  29 words
      • Article
        Lock icon SC Global appoints Elizabeth Sam
        28 5 SC Global Developments Ltd has appointed veteran banker Elizabeth Sam as an independent director and audit committee member with effect from July 23.
        28 words
      • Article
        Lock icon Stamford Tyre profit up
        30 5 rose3.scents to 7L2cents. share. There was an exceptional gain of &8 million, subject to tax, due to insurance paid out fbr "consequentlal losses and disbursement costs"
        30 words
    • Article, Illustration
      Lock icon Teledata 'did best for shareholders'
      864 5  -  -i i exclusive Firm tried to get loan haircut: chairman; DBS says no conflict in manager role By\ Serena Ng DEBT-LADEN Teledata (Singapore) had tried to get its unsecured bondholders to agree to a "haircut" on the loans, but did not succeed, the company's chairman
      FILE PHOTO  -  864 words
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      868 4 Corporation Keppel Corporation Limited I I (Incorporated in the RcpuMic of Singapore) I t- >. i v I V V V"! I 1. UNAUDITED RESULTS FOR THE HALF YEAR ENDED 30 JUNE 2002 I The Directors of Keppel Corporation Limited advise the following unaudited results of the Company and I
      868 words
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      198 5 |ffISMI Success Motivation* Institute (Singapore and Malaysia) is an authorised franchisee of a fastgrowing U.S. based human resource training institute with 40 years of international experience, working with entrepreneurs, top executives and managers to achieve measurable results. Over the last 15 years, SMI has successfully developed more than 1,000 local
      198 words
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      184 5 BENTLEY FOR THOSE WHO KNOW, THE NAME SAYS IT ALL THE NEW BENTLEY ARNACE T. EXTREME POWER. EXCEPTIONAL LUXURY. j niilim r I s' IT'S A BENTLEY. IT'S AN ARNACE. WHAT ELSE NEEDS TO BE SAID ABOUT THIS EXTRAORDINARY CAR? The result of a three-year project, the Arnage T is
      184 words
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Untitled
      276 6 i-; j. OTHER SINGAPORE INDICES Jul 25 VALUE CLOSE WOMB -666.00 ♦75.00 ■rC—l -*****.00 -97.00 -*****XX) -66.00 409.38 1.47 tjjpMuBwl 128.61 -0.38 1344.90 -4.99 »Fp*hiPn» 416.60 -0.39 mammrnm* 190.34 -0.49 MWCIWn 190.40 »1.00 &>■IS t*Tl *-Wf NaraBac5c.. 78.795.000 OanHulOc 18.304,000 Chart Semiconductor 26c 17.646,000 at- me us20c 16,523,000 Oatacralt 10c
      276 words
    • Article, Illustration
      Lock icon FJ Benjamin wrt worth a look due to good numbers, time
      303 6  -  HOT STOCK/ WARRANT By', R Sivanithy CONTRARY to popular belief, the best time to buy warrants is in the depths of a bear market and not in a bull market. This is because when things are bad, premiums tend
      303 words
    • Article, Illustration
      Lock icon Investors wary despite Wall St rally
      746 6  -  BT STOCKS r. sivanithy WHEN a market takes repeated hits until it's punch-drunk, even the most hard-nosed of believers will eventually turn sceptical. And when that happens, rebounds are seen as opportunities to sell into strength, falls are not viewed as chances to "bargain-hunt"
      746 words
    • Article, Illustration
      Lock icon US$ off highs despite giant Wall St bounce
      562 6  -  comment CURRENCIES SSL744O-80 level proves hard to crack fir pimlmik larry wee THE US dollar retreated from its Wednesday highs yesterday despite the Dow*s giant 6.4 per cent bounce, with players reporting nervous conditions because of the volatile price action on Wall
      Source: Reuters  -  562 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    2084 6 UNIT TRUSTS FUNDS Com Global Trawal index Fd uo Com S port Bond Fund/* tMV MNMmtatatMgt(S>ara) (Mk Mod Am* M|* Spare ltd Star Europe Eoty!* 0.5*2/ IndocamMa VMonI** 0J98*1944 »Etfnptld 1.052/ StarEuropeW 0.79V ntStaMIU ShentonTvSfo, OJVOB85 7*** ?°V' 1-2W Japan Growth!** 0.745/0 78 sa3B8se!=ti=:!3S Mandaki Growth 0.645X167 Mi (MM (Aaia)
    2,084 words
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      147 7 HITACHI Inspire the Next 32V (Model PD32-A2100) mjjjjjjijjS I j|| t s v- V« f J. 1 37V (Model PD37-A2100) 42V (Model PD42-A2100) x X flfl With North Pole the H now has even more admirers. But what he truly admires f H his state-of-the-art 42V Hitachi Plasma TV whose
      147 words
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      Lock icon Page 8 Advertisements Column 1
      1311 8 i he Business Times, Friday, July 26,20 C I I 1011-free 1800 B"> mi. i >*&'" COHOnOVIF COMFORT QROUP LID Incorporated in the Republic of Singapore i MOTtCIB ftr ANNIIfIfofIICHtML MCBfI3IW(t r NOTICE IS HEREBY QIVEN that the Ninth AnnuaJ General Meeting of the Company will be held at Emerald
      1,311 words
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      94 8 FORM 69(3) NOTICE OF INTENDED DIVIDEND Nam* of Company: Studio Cinemas (Causeway Point) Pte Ltd (In Court Winding Up) Address of Registered Office: do 47 Hit Street #05-01 Chinese Chamber of Commerce and Industry Building Singapore *****5 Court: High Court of Singapore Number of Matter. 343 of 1999 Laet Day
      94 words
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      275 8 M THE MATTER OF THE COMPAMES ACT (CHAPTBIBO) AND TECHBURD A CO pM). LTD. frcorporsMtaflwßspiMcorSbiespor*) MEMBERS' VOLUNTARY VMNDMO4JP At an Extraonftnary General Meeting of the Members of the abovenamed Company duly convened and held at 336 Smith Street >04-306 New Bridge Centre, Singapore *****6 on Thuraday the 25th day of
      275 words
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      270 8 M THE MATTER OF HE COMPARES ACT (CHAPTER 90) ANO FENR&COM PTE. LTD. MEMBERS' VOLUNTARY WMDMQ-UP At an Extraordinary Genen* Meeting of the Members of the abovenamed Company duly convened and held at 336SnKlh Street #04-306 New Bridge Centre. Singapore *****6 on Thursday the 25th day of July 2002 the
      270 words
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      221 8 IN THE MATTE* Of THI COMPANIES ACT (CHAPTER 30* ANO IN TMf MATTER Of YONO UE FOOOS INDUSTRIES PTE LTD (IN CREDITORS' VOLUNTARY LIQUIDATION) EjWocl of mnjtm at Miilm of Craditort of YONO LEE POODS INDUSTRIES PTE LTD (fa. Uqwdafton) comwMd and hold at 3*o Victoria Sfraat OoUm Landmark Hotol,
      221 words
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      894 8 IN THE MATTER Or THE COMPANIES ACT CAP. SI AND IN THE MATTER OP PINNZ PTE UD (MPrnMindltgMlidia) tal af PiinMiaal I Miaim Pa tm Martha 1W(4» ■rfiwciMp—itj ActCf.a» Notice M hereby given that pursuant to a Statutory I Vclaraooo made by the Directors of te abovenamed Compaq oa My
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      1662 8 IN TH£ MATTER Of TH€ COMPANIES ACT (CAP SO. 1994 Ed) AND IN THE MATTER Of RYLANDES CO PTE LTD (FORMERLY KNOWN AS RUANOCS INSURANCE CO PH LTD) (In Members' Voluntary Liquidation) NOTICE Of RESOLUTION At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and
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  • SINGAPORE news
    • Article
      Lock icon JTC Corp's Q2 take-up rates a mixed bag
      326 9  -  on the economy industrial space By, Andrea Tan JTC Corp's industrial facilities report card for the second quarter showed a mixed performance. Net allocation a measure of gross allocation minus terminations for ready-built space rose to 2,554 sq m, up from a
      326 words
    • Article
      Lock icon Homegrown drug discovery firm MerLion launched
      225 9 MERLION Pharmaceuticals Pte Ltd yesterday made its debut as one of Singapore's first homegrown drug discovery and development companies. It is a spin-off from the Centre for Natural Product Research, a research unit of the Institute of Molecular and Cell Biology (IMCB). Philip Yeo,
      225 words
    • Article, Illustration
      Lock icon Year's first en bloc sale transacted
      622 9  -  Koh Bros, AIG pay $49.5 m for sqftLengkong Gardens site By' Vince Chong MAINBOARD-listed Koh Brothers and insurance fund American International Group (AIG) have emerged as the joint buyers of the first collective sale this year. The 108,545 sq ft freehold Lengkong Gardens site,
      CHRIS LOH  -  622 words
    • NEWS Roundup
      • Article
        Lock icon Boon Lay Way site up for tender
        65 9 THE Urban Redevelopment Authority yesterday launched a tender for a 2.7 hectare aite at Boon Lay Way after a developer committed to a minimum bid of $152.6 million. The tender cloees on Aug 22. The site, which can be built up to 8.5
        65 words
      • Article
        Lock icon IDA opens office in Shanghai
        45 9 THE Infbcomm Development Authority of Stopper* has set up an office in Shanghai to facilitate collaboration between Singapore and Chinese infbeomm companies". Hie new tnlhnnmm section at Singapore's consulate aim* to fariifrnto networking, foster partnership and promote Singapore's lnfocomm Industry.
        45 words
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      409 9 DELL™ Performance, Stability and Value 1 DELL" OPTIPIEX- GX2EO SMALL DESKTOP I tat»T Paatiwa* 4 Processor 1 JGHz Intel* 845G Chipset Small Desktop Chassis/256K8 Advanced Transfer Cache/128MB Shared* DOR non ECC SDRAM Memory/ 20GB* 5400rpm Value Drive/3.5" 144M8 Diskette Driw/lntegrated AC-97 Audio/Dell" Mouse *®< Max Speed BDE CD-ROM Drive/15* Colour
      409 words
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Democratic challenges for the plutocracy
      793 10  -  nrrni bottom line OPINION paul samuelson The writer is a professor qf economics at the Massachusetts Institute of Technology WALL Street stock prices drop from week to week. Some of this is natural after our 1995-2000 crazy high-tech bubble. Up bubbles, economic science tells us,
      793 words
    • Article
      Lock icon IN OTHER WORDS
      59 10 'I sympathise with the man in the street, who may feel the government has robbed him of his comfort blanket It may not be the right time to do it but it's not the wrong thing to do, and I think they will soon commercialise cpf: -CUaWMßlkta
      59 words
    • Article
      Lock icon Good enough to quench the thirst
      598 10 EDITORIAL THE name may not be the cleverest or the most elegant but NEWater represents the most significant breakthrough in Singapore's search for solutions to its long-term water needs. After a two-year start-up involving exhaustive trials and tests, Singapore can now produce enough NEWater
      598 words
    • Article, Illustration
      Lock icon Good, old-fashioned honesty is still the key
      1194 10  -  Roles and regulations can do only so mnch in strengthening corporate governance. Ultimately, it's calibre and integrity that count By] Kala Anandarajah The writer is executive partner. Rajah Tann, and author of 'Corporate Governance —A Practical Approach, 2001'(published by Butterworths) A NUMBER of
      REUTERS  -  1,194 words
    • Article
      Lock icon Inhospitable treatment at Changi Airport
      288 10  -  MAIHZHs] Lye Kim Leng Hong Kong via Internet IT is with some regret, after many enjoyable business and leisure trips to Singapore, I feel corm pelled to write this letter. I am both disillusioned and disgusted by the treatment I received at Changi Airport on
      288 words
    • Article
      Lock icon Both Esso and, Mobil brands will remain here: ExxonMobil
      254 10  -  Jonathan Law Communications Manager ExxonMobil Asia Pacific Singapore WE refer to Christopher Tan's article "Going gets tougher for smaller oil companies" (BT, July 24), and the comment in the article: "It is interesting to note ExxonMobil has picked the Mobil brandname
      254 words
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      67 10 We welcome letters. E-mail us at or fax us at 6319-8277, or write to: The Business Time*, SPH HQ, 1000Toa Payoh North, Podium Level 3, Singapore3lB994. We need your full name, addrees and teiephorte number, so we can verify it came from you. Please use temperate language, and bear In
      67 words
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  • REGIONAL news
    • NOTE Book
      • Article
        Lock icon Jakarta to relaunch Bank Niaga sale
        67 11 Reuters [JAKARTA} Indonesia yesterday said tt expected to relaunch a 51 per cent stake sale in medium-sited Bank Niast in earl* August and to announce the winning bidder by mid-Septnnber. Jakarta cancelled the sale last month after receiving poor final bids from Panin Bank,
        Reuters  -  67 words
      • Article
        Lock icon TSMC earnings r 82%
        54 11 AFP [TAIPEI] The world's biggest contract cfeiptnakar Taiwan Semiconductor Manufacturing Co (TSMC) yesterday said first half net jrofltjianped 82 per cent btjttexpects earnings momentum tofWl away in the bilßon (***** million), up from NT18.78 billion a year earlier. The bellwether chiptnaker's sales in the first WattkbymrmntoNTfnjanbWUmtttmTr^
        AFP  -  54 words
      • Article
        Lock icon 20% Q1 profit rise for India's HDPC
        25 11 Bloomberg Indiana saidiset by a OKk te thetferee months to'Jqpe 90 as more year seilkr, the bank said.
        Bloomberg  -  25 words
      • Article
        Lock icon Satyam Computer Q1 n t down 11%
        35 11 Bloomberg quarter profit fW 10.7 per cent as India's fourth largsst software developer cut prices to attract zsssssssssxxss ended June 30, compared withOl billion rupees a year earlier.—Bloomberg
        Bloomberg  -  35 words
      • Article
        Lock icon RHB Capital to sell RM1.07b of bonds
        20 11 Bloomberg [KUALA LUMPUR] RHB Capital Bbd, owner of tender, »I 1 RMIJ^, -SSSS^Se^SiSlSSfG^^^^ol-
        Bloomberg  -  20 words
      • Article
        Lock icon Thai MPLs drop by 32b a in June
        18 11 Xinhua (5H.36 biQkm) to b«M;tnto< OTmroerci^T^ MperS? 678J million haht-Xtmhuo
        Xinhua  -  18 words
    • Article
      Lock icon M'sian tycoon Syed Mokhtar eyes Bakun deal
      284 11 KUALA LUMPUR He'iMddißgfor entire RMS b preset: FEES Reuters MALAYSIAN tycoon Syed Mokhtar Albukhary, whose business interests range from ports to hotels, is bidding for the whole of the controversial Bakun Ham project in Borneo, the Far Eastern Economic Review (FEER) said. The
      Reuters  -  284 words
    • Article
      Lock icon Indon police to take over Manulife probe
      169 11 ■JAKARTA Reuters INDONESIA'S Justice Ministry said yesterday police would take over a probe into judges who ruled the local unit of Canadian insurer Manulife was bankrupt, because of indications bribery influenced the decision. The Justice Ministry, which has no prosecution powers, began a
      Reuters  -  169 words
    • Article
      Lock icon Dr M remarks could point to early general elections
      309 11 ■JOHORBAHRU Barisan component parties Uld to abide bjrMit allocation Bernama AFP IN what could be a hint of earlier Malaysian polls, Prime Minister Mahathir Mohamad yesterday called on Barisan Nasional (BN) component parties to readily accept seats allocated to their respective
      Bernama; AFP  -  309 words
    • Article
      Lock icon HK confirms move to delist 'penny' stocks from mainboard
      380 12 HONGKONG Proposal also to improve quality of listed firms in bid to attract investors Reuters CONFIRMING earlier reports, Hong Kong's stock exchange yesterday unveiled proposals to remove 'penny' stocks from its mainboard. As part of the bid to attract more investors
      Reuters  -  380 words
    • Article
      Lock icon Indian IT sector poised to grow 30%
      133 12 Reuters [BANGALORE] India's information technology industry, including both domestic and export markets, is set to surge by 30 per cent per annum over the next four years, market researcher International Data Corp (IDC) said yesterday. Growth will be powered by a rebound in
      Reuters  -  133 words
    • Article, Illustration
      Lock icon BOC (HK) shares fall 4.7% on debut
      323 12 Reuters (HONG KONG] Shares of Bank of China (HK) tumbled nearly 5 per cent in their market debut yesterday, underscoring investor apprehension towards a strategic sector Beijing is anxious to reform. Despite heavy early support from underwriter Goldman Sachs, the stock succumbed to
      Reuters  -  323 words
    • Article
      Lock icon China eases foreign brokers curbs
      246 12 M SHANGHAI They can now apply for special bourse membership Reuters Bloomberg CHINA relaxed restrictions on foreign brokerages yesterday, allowing overseas brokers to apply for special membership in exchanges and to trade hard currency B shares directly. China's stock exchanges announced in state newspapers that
      Reuters; Bloomberg  -  246 words
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      87 11 Action International» Anderaen'a of Qanmart (Aaia) Pta Ltd»B— Chma HtangHup Chong Foodstuff Pte Ltd Creetar Learning Centra Eliaa iu f! cn r An^ m T {XAi M F fm ood S^^^ <^,^ r C^ CrMtfon- Wndwtond Educara V.252 Food L AoeafcraAria Pacific Tlw UtXto Slk>ol-Houm ln«MTMttonal Pi* Ltel. 9?l* uWnfl
      87 words
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      209 11 I f I r d} A I r/ BH R < r m t>Hm A If/- -»w PI i>» Ki i £!j ftfe PHI I i BfiteS '-fiSii i Your staff benefits. So does your company. Northwest Airlines BIZ PERKS is the travel incentive program for small and medium sized
      209 words
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  • Article, Illustration
    Lock icon FINANCE
    920 12 Transaction date: Jul 25 1MTURBAMX 0&088 RATB8 o tw t*o» o** m ma m m *>t» m» —o m n Hmt m 0347 4490 0342 4221 26.343 4170 0330 i» 2-054 189 ***** 27.40 0.944 5552 0.7* 83* 2228 0243 (M Carta 180 5300 0340 4.901 313* 57.491 0.744
    920 words
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      1292 12 LBEBW Landesbank Baden-Wurttemberg Head Offices Stuttgart: P.O. Box 10 60 49 D-***** Stuttgart; Karlsruhe: D-***** Karlsruhe Schlossplatz 10/12 Mannheim: P.O. Box 10 03 52 D-***** Mannheim Singapore Branch: 25 International Business Park 101-72 German Centre, Singapore *****6 Consolidated Balance Sheet Consolidated Statement of Income (EUR amounts in thousands) December 31
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      105 12 FORM #9 (4) M THE MATTER OF THE COMPANIES ACT (CHAPTER SO) ANO ■I THE MATTER OF TRITECH MKROELECTROMCS LTD (M COMPULSORY LIQUIDATION) NOTICE OF DIVIDEND Name of Company: TRITECH MICROELECTRONICS LTD Address of Registered Office: c/o Arthur Andersen 10 Hoe Chiang Road, •18-00 Keppel Towers Singapore *****5 Court High
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      240 12 IN THE MATTER Of THE COMPANIES ACT, CHATTER 50 AND CELLIER SINGAPORE PTE LTD (la Meaben' Voluntary g Up) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN punuant to Section 308 of the Companies Act, Cap. 50 that a Final Meeting of the Member of the ahovenamed Company will be
      240 words
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      218 12 N THE MATTER OF THE COMPANIES ACT. CAP 50 ANO M THE MATTER OF ORION TRAONG PTE LTD (In Member! Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Compann* Act Cap 50, IhatsFinal Genera* MeeOng of the abovenamed Company Ml be held at SCroaa Street *17-00
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  • Article
    Lock icon COMMODITIES
    1267 13 BOMIHJTOIBg Jul 25 5?S2!ll" lW Qw MM OM no <*mni rnmSi S*i« moo M Ml.00 H175 mi 02 ML 79 VMM Opal tss So s«p<a rv.25 bm <»K 11.75 7*23 70.00 UJ5 2Z25 B* K TUTS IT JO 7100 K25 2200 ai IS Trtf (SB mSS *102 77.75 'ii*
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  • REGION world
    • Article
      Lock icon China Telecom plans US$5b share issue
      267 13 HONGKONG Bloomberg CHINA Telecommunications plans to complete a sale of as much as US$5 billion of shares in October, bankers involved said, braving slumping equity markets to clear this year's biggest initial public offering. China's biggest fixedline phone company plans to apply to stock
      Bloomberg  -  267 words
    • Article, Illustration
      Lock icon Sony reports strong Q1 earnings
      560 13 TOKYO Analysts sceptical as it maintains forecastsforyear despite strong yen Reuters SONY Corp, the world's largest consumer electronics maker, yesterday said its first quarter operating profit leapt 17-fold, a surprisingly strong performance fuelled by hit movie Spider-Man and brisk electronics sales. Though the strengthening of
      Reuters  -  560 words
    • Article
      Lock icon Japan warns it may claim compensation for rating cuts
      239 13 TOKYO Bloomberg JAPAN opened a new front in its spat with Moody's Investors Service by raising the possibility it may seek compensation for a series of ratings cuts that left the world's second-biggest economy ranked below Botswana. Japan said Moody's decision
      Bloomberg  -  239 words
    • Article
      Lock icon Seoul investigates six chaebol for insider trading
      314 13 SEOUL ED also wants probe into Korean chip companies Reuters AFP SOUTH Korea will investigate Samsung Group and five other conglomerates to check for unfair practices, the Fair Trade Commission (FTC) said yesterday. The FTC said in a statement that it has launched
      Reuters; AFP  -  314 words
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      28 13 mm ma V ;v.>-u 1 m w£ri&&g«&*v#i wss:¥ Mml From CDs to car all in The Straits Times fe Classified. *,i^L "j** '»■-<' ygr t~<x *k 4 r- > ..-vv:
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  • Article
    Lock icon KLSE
    2132 14 Transaction date: Jul 25 KUALA LUMPUR no inch sa Vol FS8M 248 unch 2 M W- r«0O) FW Industries .027 001 14 Gadarm 1.10 -0 05 23 AftMRealty 102 401 13 Gamuda .5.95 inch 832 Abnc 151 0.03 16 GanadCorp .045 -010 6 ACP Industries 3.08 unch 149 GaroTad*
    2,132 words
  • Article
    Lock icon SGX
    541 14 Transaction date: Jul 25 •5*555 5 r- tii, CMC Mi 4JM 4J10 NMSMSfc us in* < M U0HUnd 1J7 1J10 4U0IO OCX S» !?X Chart iamKOnd 2fc 1J0 IM -O.OM Out 2S IS? CNyOmSOc 25C UOO MMH& o* ora Crtmtm T Hi US I7J00 *0400 soy HJ NSbp 11*
    541 words
  • Article
    Lock icon BONDS & WARRANTS
    560 14 BONDS WARRANTS LM MCm tarn L USr <HSSL WUli Mm u» AST1WW***** as I ,6 33 138 23 Acma Ltd W*****6 „tj I SO 507 <<¥> 28 Anwtwosobie m 1 590 1 33 4 ,32 j, ArmBronglM>40S20 ,5 indi 11 1 10 92 4 00 22 8»6%5A*****110k Ml 8» 6
    560 words
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    Lock icon STOCKS ASIA
    4011 14 Transaction date: Jul 25 for mare, go to unuwxisiaonenmarketsxom HONG KONG Hy*ano«v s.75 -0.05 IMS 1M Merthina Hldgs .049 -0.01 7665 MIBankofAsia 147 -0.02 1524 asssr—-is is .a ssas* sa AJptaGmral 003 inch 4146 Jiangsu Express H 185 -0.02 M10 Anands WlngOn 0.05 uraft 0 Jiangsu Naridasoft Co
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  • WORLD news
    • Article
      Lock icon SEC acts to make analysts certify accuracy of reports
      293 15 WASHINGTON Regulators vote to send oat proposed role for public comment Reuters WALL Street research analysts, accused of publicly hawking companies they were privately trashing, will have to include a statement in their reports certifying the accuracy of their views under
      Reuters  -  293 words
    • Article
      Lock icon Investor-funded research to get seal of approval
      161 15 WASHINGTON Bloomberg STOCK research funded by investors rather than investment banks will soon get a seal of approval from a new trade group formed to promote what it calls independent analysis. "We're trying to create a segment of the market that says, 'We're
      Bloomberg  -  161 words
    • Article, Illustration
      Lock icon Adelphia arrests are a sign of the new crackdown
      274 15 NYT [WASHINGTON] In a graphic ill nitration of the government's tough M* stance against corporate wrongdoing, the founder of Adelphia Communications Corp and two of his sons were lad in handcuffs from their New York apartment on Wednesday to face criminal
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    • WORLD Watch
      • Article
        Lock icon BT Group Q1 net profit plunges 94%
        61 16 Bloomberg [LONDON] BT Group, the former UK telephone monopoly, said fiscal first-quarter net income declined 94 per ccnt at ft Jettisoned overseas assets and a wireless unit Profit for the three months ended June 30 Cell to £275 million (***** million) from £4.35
        Bloomberg  -  61 words
      • Article
        Lock icon UK aims to be open ever short-selling
        50 16 Reuters [LONDON] Britain's financial regulator said yesterday that it would seek greater transparency in short-selling of shares, but slopped short of calling fcf an outright ban on the practice. Short-ssittag has been blamed by many analysts for recent heavy fells in bourses worldwide.—RtuHrs
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      • Article
        Lock icon SBC clears single-stock futures trade
        55 16 Reuters [WASHINGTON] The Securities and Exchange Commission (SEC) on Wednesday approved customer margin rules governing singlastockftitures, sweeping aside the last obstacle to the long-delayed start oftrade in tte products. The rules set mtaimum margin levels at 20 per cent of "current market value" and take
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      • Article
        Lock icon NEC in the red with 7.1b yen Q1 loss
        41 16 Reuters [TOKYO) Kicking off the Japanese microchip industry's first-quarter earnings results, NBC announced a 7.1 billion yen (S$fl)&3 million) operating loss tor the quarter, against syear-earlisr operating profit of3.8 blllkm yen. Ratters
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      • Article
        Lock icon AIG Q2 earnings up 37%
        16 16 Reuters compared withaprofitof US$l.3l billion lo the corresponding period last year.—Reuters
        Reuters  -  16 words
      • Article
        Lock icon Xerox posts 1st profit in over 1 year
        66 16 Bloomberg [STAMFORD, Connecticut! Xerox Corp reported its first profit in more than a year because of cost cuts as sales fell for the ninth quarter in a row. Net income in the second quarter was US$93 million compared to a net loss
        Bloomberg  -  66 words
    • Article
      Lock icon Europeans cutting down on US stocks
      218 16 LONDON Reuters EUROPEAN fund managers have yanked more funds out of US equities and boosted Japanese stock holdings as sentiment about the US corporate sector continued to be mauled by accounting scandals and market slides. A survey of 11 ftind firms showed managers of
      Reuters  -  218 words
    • Article
      Lock icon Surprise drop in US new orders
      538 16 LATEST US nnUCATOSS Two other reports suggest job market is improving though Bloomberg Reuters [WASHINGTON] US new orders for durable goods dropped in June by the largest amount in seven months, taking the market by surprise and indicating the factory rebound may be slowing.
      Bloomberg; Reuters  -  538 words
    • Article, Illustration
      Lock icon US economy remains on a sound footing: O'Neill
      467 16 Reuters [WASHINGTON] US Treasury Secretary Paul O'Neill yesterday offered soothing words for investors rattled by the stock markets' sharp falls in recent weeks, saying the US economy remains on a sound footing. "In our history we have seen times when there is
      Reuters  -  467 words
  • Article
    Lock icon SGX MAINBOARD
    2961 15 Transaction date: Jul 25 for live prices, log on to itrurwxisiaonemarketsxorn 52* Mhr Mr OtH M MCa Wtaf **P r 'Uia I* |W| m lit Cw M >3 »B ABNAmroMLG SCc 9 215 IS c ACE[»nan*a20c 123 -0-5 15 13 lis 13 14 0.7 I 1 203 12J
    2,961 words
  • Article
    Lock icon SGX XTRANET
    45 15 -ft g a ■S'-ara.** a«"!i ***** Tm s Dumorefc U5777Q 900 34SOs BOJUSTatft USMSO -150 34SO 3450 I SIS MHBMSOSpora US575 HMO *70 s BSV500 USW200 I22K HOiVOIB usnco _J IW5 isPcsnnrioo tw si im isr tssi «o I I I I I.
    45 words
  • Article
    Lock icon SGX SESDAQ
    807 15 T sL_± <«■» mSru,ays**•% £g*a *gg S:g«g»* 5. 5*5 275 c AS AlMo 10c IU 45 197 )45 J25 J, M I «i U U «J Jt "I 2 "a Tf "2 12 3 x SS s? tf *j »j ii i; W 7 c Aittti5r. uncti 144
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  • Article
    Lock icon CLOB INTERNATIONAL
    165 15 jb mf*.js*s. g a TO n MOntaAZhA .tt -2 2> 94.5 94 94 94.5 40 MWjCS SU C*«l%P«akMR 720 Mi 2.1 7A MMU ChMgKongSOcHK 1710 M U 17 3 4BM.5 45 CKyc SoUnvUHK. 35 1 7i U S4S 2*7 #«l*2HOU5 753 t 1 A.I 2.1 4i MM *S
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  • Page 16 Advertisements
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      45 16 for i FREE brochure, fill In and Mil or fax this coupon to: Tourlsa Authority of ThaHand. c/o Royal Thai Eahassy. 370 Orchard Road. Singapore 2)8870. let (65) 62)***** fw 165) 67))565) Eaail: tatsln®sin<jnet.cos.s<, N e: Aqe: Addreif: Telephone: Destinations interested In: '•illf ***.utotili 5
      45 words
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      204 16 1978 Nf^th^Mouton Rothschild V' fjj|| $350 1982 gg SIJ2S 1985 Ch.' Leoville Barton $175 1985 Ch. Mouton Rothschild $395 1985 Ch. Cheval Blanc $515 1986 Ch. Hautßrion $320 1986 Ch. Lafite $550 1986 Ch. Margaux $550 1986 Ch. Mouton Rothschild $650 1989 Ch. Haut Bages Liberal $130 1989 Ch. Hautßrion
      204 words
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  • THE ARTS
    • Article, Illustration
      Lock icon Hope and anguish — Indian style
      621 17  - Hope and anguish Indian style Dance Like A Man, directed by Lillete Dubey, accomplishes a lot with comparatively little, says Geoffrey eu GEOFFREY EU 4 JMMfc N announcement prior to Dance Like A Man— playwright Mahesh Dattani's witty take on the clash of gender and modern-day India informed the audience
      621 words
    • Article
      Lock icon Flashes of brilliance in Ang Tau Mui
      415 17  -  Hie one-woman show sometimes lacks clarity By\ Eleanor Wong ANG Tau Mui tries to pack too much into small receptacles. You feel it the moment you step into the Room Upstairs and slide gingerly into seats packed tight round the huge square bathroom
      415 words
    • Article, Illustration
      Lock icon THE PROGRAMME
      634 17  -  compiled Dy Aaron Lye SPOTLIGHT TlMfcaBhispiring young dancers from the Canadian Children's I Dance Tlieatre who will wow with their display of extraordinary motor skflla. coordination and timing Phtatf phpan: The group with dancers aged 12 to 18 bringu refreshing repertoire to town. Segments will present thought-provoking and
      634 words
  • Page 17 Advertisements
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      6 17 Buy It Stti It rind It
      6 words
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      Lock icon Page 17 Advertisements Column 2
      80 17 A Special Promotion Deal better than ever before with la'euna PH IJ K ET and more d..», Free dinner for 2 ,it host hotel Free Layuna Pnuket FVivilecje Card valued r.t S <,r, < Guaranteed kite check out until b OOpm book before 31 July O 2 travel by 31
      80 words
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      Lock icon Page 17 Advertisements Column 3
      78 17 IMm spentjdurinffiuß «JBss MfSL? JsL StrA "Jm* J HMIW NMI m-M NMI MtWittN I gI NMVWMOMMM M: MM 2112 M:M7II«M M:M7«O7M IS I Pujpm Hff* tIHIBMt NVK tHIMOS SRC Bnlms Httr l I Ilom-2 3Qpm MOpm-llpm 12pm-10J0|n 12p»2J0pn SJQpm-IOJQp Mftftk ILNM-ltfa I•j Mf m i*—- ;f 100 Types of Live
      78 words
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  • CINEMA
    • Article, Illustration
      Lock icon Right team in the wrong film
      705 18  -  High Grimes is appealing not so much for its plot than for the onscreen chemistry of Ashley Jndd and Morgan Freeman Bui Geoffrey Eu BEING married to Ashley Judd is getting to bea high-risk occupation in reel life, that is. Even if it's only
      705 words
    • Article, Illustration
      Lock icon One agonising descent into cinematic hell
      454 18  -  Long Time Dead employs cheap, thoroughly boring scare tactics By Geoffrey Eu THE opening minute of Long Time Dead includes a blurry, frenetic sequence showing a few anxious faces caught in the glow of an open fire, and for one brief, intoxicating moment, the
      454 words
  • Page 18 Advertisements
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      Lock icon Page 18 Advertisements Column 1
      68 18 IF 0 Shell V-Power. Power exactly when you need it. it the stops and starts of city traffic or the long stretches of the expressway th»»»e v »i;at d< -es the ce:fer t,M. v ma v V owe r A fo*mutation developed with Ferrari's expertise on F I circuits if
      68 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Lock icon Page 18 Miscellaneous Column 1
      195 18 CRYPTIC CROSSWORD 28 trip? (5^ 6) 8 Six hour periods when pay- YESTERDAY'S SOLUTION 29 They see and show audfcie Across: 7 Earliest, 9 Epopee, approval (4) 12 Play wrth acid drop? (6,5) 10 QoaJescent 12Sta--30 Ckxnish trip fixed for May (6. 13 from Buch pte, 14 Ailments, 15 Rotten,
      195 words
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  • HEALTH
    • Article, Illustration
      Lock icon A way out of painful stripping
      1049 19  -  00RIMMB ""looks at the effectiveness of Ultrasound Guided Sclerotherapy, a non-surgical alternative to treating varicose veins CORINNE KERK HIH ARICOSE veins, those bulging, worm-like veins which typically appear (Hi legs 'and worsen over time to cause aches and pains, are an irreversible condition. There
      1,049 words
  • Page 19 Advertisements
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      288 19 Complimentary BT f ~y~?\ A PROMOTION between Capita Land and BT means you'll receive a complimentary copy of The Business f Times Weekend Edition tomorrow when you eat at any OMWMiW food and beverage outlet in the following malls: Cup- ZXIHjBt page Terrace, Funan IT Mall, Tampines Mall or June-
      288 words
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      Lock icon Page 19 Advertisements Column 2
      23 19 j JHHHH I p IMU lljijl p >M lt V I Bf'f avaflaMe tor yw^jfgj full fl I A imw4nraf I(MM)IWKCMW I V>
      23 words
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      Lock icon Page 19 Advertisements Column 3
      19 19 S»rnd49m4mim%Umm £Hp i2~Aaaivert«ry Special PEKING DUCK nmrnm By Laval 2 CMnsiown PoM 133 Nmv BrMga Road www nwl ii—m
      19 words
    • Advertisement
      Lock icon Page 19 Advertisements Column 4
      158 19 I Spring Court TV Oldest I Chinese Restaurant m Singapore since 1929 73 Annhwury Sptdil PEKING PUCK Liratod to one per tat* «tth mm. onto of $50 ofwwfe. Each Sunday our tradMonal roast carvery will complement popular BBQ varieties at the St Gregory's Brasserie 4> Courtyard. WWh the dioioe of
      158 words
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      Lock icon Page 19 Advertisements Column 5
      73 19 Tkmt present ttfc a*er- theme* before anterk^. Hor dine-In only. Qt«at Value Set I unrhru Are Aleo I &SSggmm SS?JSS, ta "-"-]j ls&r~? asSifeffli™ M BUFFET DINING AT ITS BEST Prcsh oysters, delectable lobsters, savoury honeygjazed ham, US Prime Rfl» of Beef and many more mouth-watering radishes to leave you
      73 words
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  • EPICURE
    • Article, Illustration
      Lock icon Warm Italian welcome
      650 20  -  The friendly vibes at Amici Vicolo, coupled with its satisfying cuisine, will surely put diners in a generous mood for tipping. caBDmB msuL reports CORINNE KERK THERE'S a line I like to see on menus—"No service charge". This always suggests to me, at least that the restaurateur
      CHRIS LOH  -  650 words
    • Article, Illustration
      Lock icon Culinary stars gather for charity's sake
      193 20 m CRAVINGS YOU'VE heard of all-star players in the field of sports, bat how about all-star chefs? Too many chefs obviously do not spoil the soup, because some of Singapore's best known culinary stars are gathering this Sunday for an All-Star Champagne Brunch at
      193 words
    • Article
      Lock icon Creative mooncakes
      171 20 WHETHER or not you actually see a foil moon in the sky, if 8 going to start raining mooncakes soon as hotels and restaurants start stretching their tions as for as their mooncake skins will allow them. Starting from Aug 23, the Marriott Singapore's Wan Hao restaurant will
      171 words
    • Article
      Lock icon Gourmet do at Raffles
      120 20  -  By Jaime Ee SPEAKING of charily, Singapore's (op are <k>ing quite a bit of it Raffles Hotel hosted a black tie gourmet event last night with proceeds going to the Ang Mo Kio Family Service Centre. Held at the Raffles Grill, diners paid $820++ each to
      120 words
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  • PERSPECTIVE/MUSIC
    • Article
      Lock icon To drink or not to drink — NEWater
      743 21  - To drink or not to drink NEWater [•J 3 a the cuff Tell ns where the reclaimed water really comes from and naturally we all go 'ugh'. Bat maybe what we should all realise is that it's hard to define what's really 'pore' water jaime ee SO, do you think
      743 words
    • Article, Illustration
      Lock icon The Planets' Big Bang
      787 21  -  irnwiwbhmiwimfinds out what went into the making of the event and how the rising musical stars are aligned KANNAN CHANDRAN THE Big Bang theory talks about the creation of stars and planets in a huge stellar production. In similar fashion, perhaps to a lesser extent but
      787 words
    • Article
      Lock icon Tribute trip
      392 21  -  By Kannan Chandran THERE'S an outside chance you might get to see Abba play together. But they aren't likely to look their glamorous best as they did in those dancing queen years when their Swedish voices blended to drive the adoring fans wild on die dance floor. There's
      392 words
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  • EXECUTIVE Lifestyle
    • Article, Illustration
      Lock icon ONENESS with community
      1355 22  -  COVER STORY CHEAH UI-HOON The third annual Corporate Community Games kicks off today, with the lofty aim of getting companies to see themselves as a community with a corporate social responsibility. Corporate citizenship has become a buzzword even in such uncertain economic times. CHEAH UI-HOON looks at
      Illustration by Ben Cruz  -  1,355 words
  • Page 22 Advertisements
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      Lock icon Page 22 Advertisements Column 1
      44 22 s^p|^'^-^^av'' y t-vvjr- v J/*' cr*f ~.L Tk Tt -■'j -*k t v f 4 r ?^r^W^^^^^^BiSg^p^ySyK^|^^^^^^^^K^|^l^«iMß^BßHH^Bßi|H^MK K ..^jr^:" winfe-"_..jiLJT. > f "'"*J-C f}, I J\j d i A II ■> rf r-g j V i? frtmnr'f -v*/%|W,- w .^i,». ■>--- -%-,:^.H^^:i^^^^BBB?W|B^BHBIB ':%^!f^^ 1 :-¥.^^^^MBBl ■''rxsji ».•r-»v^
      44 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      224 23 Reuters THE Baltic Dry Index (BDI) fell eight points to 964, die Baltic Panamax Index (BPI) lost nine points to 970, the Baltic Handymax Index (BHI) firmed two points to 7,509 and the Baltic Capesize Index (BCI) was down 14 points to 1,066. Global Victory (built 1996) 149.156
      Reuters  -  224 words
    • Article
      Lock icon MARITIME STOCKS
      249 23 -warnu ms n w CWT Distribution—0.78 undl ChuanHup 0l41 -am 696 Coscoinv*stmant_0.20 inch 123 fralaUt Units 0.05 -0.01 U OB HsMblOi 0.7* -OOI 29 024 uneh 619 K appal Corp 4.40 uncti T744 Kappal Marina 017 unch 196 KawalTal* 101 undt SIS USp»M«rtnp 0.29 0.02 DM Matalodi-_ 0.36
      249 words
    • Article, Illustration
      Lock icon US West Coast dockers reject 5-year wage deal
      570 23  -  Breakdown in talks sparks fears of port disruptions By Beth Jinks [SINGAPORE] Unions representing US West Coast dockworkers have rejected a five-year contract offer by shipping lines and terminal operators, sparking fears of strikes and slowdowns at the US ports. The unions
      FILE PHOTO  -  570 words
    • Article
      Lock icon EC okays Carnival's purchase of Princess
      489 23 No sell-ofis required; green light a big blow to Royal Caribbean Reuters [BRUSSELS] The European Commission (EC) on Wednesday unconditionally approved plans by Carnival Corp of the US to buy Britain's P&O Princess Cruises, ending a four-month fight in Europe for the "love boat"
      Reuters  -  489 words
    • Article
      Lock icon KL now accepts training certs from 16 nations
      258 23  -  More bilateral MOUs on STCW 95 nnder discussion By Beth Jinks [SINGAPORE] Malaysia's Marine Department has expanded its crew training recognition from four to 16 countries, after local owners expressed fears they could not meet new International Maritime Organisation (IMO) standards beginning
      258 words
    • Article, Illustration
      Lock icon P&O Princess Cruises' Q2 profit up
      331 23 Bloomberg [LONDON] P&O Princess Cruises pic's second-quarter profit rose 5.6 per cent after the No 3 cruise company accelerated cost cuts following the Sept 11 US attacks. Net income in the period ended June 30 rose to US$94 million, or 13.5 cents a share,
      Bloomberg; FILE PHOTO  -  331 words
    • Article
      Lock icon Shipment of hazardous goods: shipper liable for damages
      815 24  -  ADMIRALTY CASEBOOK Senator Tokyo was carrying a cargo of 300 drums of thiourea dioxide when it caught fire -By Selva Kumar WHERE neither the carrier nor the shipper had actual or constructive knowledge of the inherently dangerous nature of shipped goods, the
      815 words
    • Article, Illustration
      Lock icon CMA CGM to use Le Havre as hub
      209 24 [SINGAPORE] French container line CMA CGM will use the Port of Le Havre as its European transhipment hub after signing a memorandum of intent to operate two dedicated berths at its under-construct ion Port 2000 expansion. The Port of Le Havre Authority
      PILE PHOTO  -  209 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      180 24 PAOC Gemartrans 4 Arant 10 6Li rtaagMas 5 «onr*» 10 BSA 6 < BSC 10 Hawhrg-S* 5 BTl 10 Hewg-A 3 CtMCGM 3 >MUm 10 COSCO 3 HUAl 10 Central Ei 4 Hywdai 4 Cfcahaya 10 Mov 9 CMmSHM S Mogitf 9 Confer 10 Merasia 10 Cougar
      180 words
    • Article
      Lock icon SHIPPING GUIDE
      14468 28 THEBUSINESSTIMES EXPORT ETA ETA Advafttsar VkM Voyaga Trtaphont ETA ETA Advartisar Vtsul Voyaqa Trtaohon* SiN Ost'n Nama Nam* NwnMr Numb*' SIN Dastn Nam* Nam Numfcar Nuanbar 03/00 02/0* UA5C NAJRAN C20IW 6S*****4D To ABIDJAN (ABJ) 2003 Cot* D 1 1 voir* 04/00 25/00 nyk oocl shanghai itwjo 6S*****K3
      14,468 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        411 33 Vtssol Voy No B«rth Arrival Departure JM|M J J0070I M 26/07/*****5 27/07/2IWM5 A7LAM7K hCl 013A M 26/07/*****0 27/07/*****0 bat»ater228 tziao m 26/07/*****0 26/07/*****9 MHTM MAYA *0702 J02 26/07/*****0 26/07/*****0 BOMBAY STM 305* J* 24/07/*****0 27/07/2003-00 •I UUTMOAM ***** JCT 24/07/2CTtOO 24/07/*****0 ,T ""ST* JCT 26/07/*****0 26/07/*****0 «"WW JUl-26
        411 words
      • Article
        Lock icon CONTAINER SCHEDULES
        1581 33 CONTAINERS TERMINAL AMP VESSEL SCHEDULES 5 Vend Out In Berthing Un- Bnrlfi V<>H« V«y» hrtHn ttmkr n AOIIEVf 339 339 2907/2002-01:00 K1S *CXMANCUER1 006S 006S 2807/2002 1500 agflMMM 10 VKXTT 045* 045N **********00 *****002-0100 T03 c MMUMA1 8KB 8KB 2607/2002-0700 2X07/2002 2100 K17 0 MHOOf C20CTW Q00W 2807/2002-0700
        1,581 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        170 33 Aagl Switzerland: National Day Amg* UK: Bank Holiday (Soot) Aa(9 Singapore: National Day Aagl2 Thailand: Queen's Birthday Aaglft Belgian: Assumption Day France: Assumption Day Italy: Assumption Day South Korea: Liberation Day Aag 17 Indonesia: Independ Day AhM UK: Bank Holiday AagSl Malaysia: National Day Philippines: Nat Heroes Day
        170 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        757 33 THIS report compiled by Cocked Ma rlne OU Ltd. shows price ranges in US dollars instead at single prices for a more comprehensive description at the market Prices shown are based on averagesixad stem. Market movements are indicated The Cockett Bunker Price Inde* change and the
        757 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        389 33 C«tM «0 tUi 986.7 0.4 6.9 0.00 71 0^3 ■M18 DmsHv Mw tnMiw AOAJmMm* Sifcwl Ho *ow 125 0 0 1 0 0 0 75S 380 Aw 980.5 02 MJ 0.06 29 0.02 (w 380 Mu 990.6 0.9 6.9 0.6 124 0.06 Wrri No«ow635 0 0
        389 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon Boeing ups demand forecast for planes over next 20 yrs
        376 34 FABMBOHOPOH ME SHOW Forecast raised by 500 aircraft, with single-aisle planes seen driving growth Bloomberg [FARNBOROUGH, England] Boeing Co raised its forecast for new aircraft that airlines will buy over the next 20 years by almost 500 planes, spending 5.9
        Bloomberg; FILE PHOTO  -  376 words
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        454 34 Venture with Bejjing airport operator, Citic Pacific to fund expansion Bloomberg [HONG KONG] Air China, the country's No 2 carrier, reached a preliminary accord to sell part of its cargo unit to Citic Pacific Ltd, which owns stakes in Hong Kong's
        Bloomberg  -  454 words
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        611 34 More meals served now than 6 mths ago but reviews are still ongoing WHEN airlines began cutting back on food service last fall, some analysts predicted it would be only a matter of time before competitive pressures forced
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        Lock icon United, US Airways in code-sharing accord
        278 34 AP [ARLINGTON, Virginia] US Airways and United Airlines announced a marketing partnership on Wednesday that will allow the two airlines to sell tickets on each other's flights. The code-sharing agreement is a major part of a restructuring plan US Airways is implementing to avoid
        AP  -  278 words
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        Lock icon Strike costing Fiji airline more than A$1m so far
        289 34 Air Pacific chartering aircraft to deal with industrial action AFP [SUVA] Fiji governmentbacked Air Pacific has spent more than All million (*****,700) chartering Qantas and Air New Zealand aircraft to deal with a strike by airline staff. Tourism Minister Konisi Yabaki
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          80 34 AFP [MOSCOW] The first direct charter flights between Russia and Taiwan will begin next month, Interfax reported, citing officials at the private air carrier Transaero. Taiwan's flag carrier China Airlines (CAL) will complete a maiden voyage to Moscow on Aug 24, with Transaero staging
          AFP  -  80 words
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          Lock icon China extends airline insurance
          95 34 Dow Jones Newswires [BELTING] China's government again provided local airlines additional insurance liability guarantees above global insurers' capped payouts of US$5O million. Hie Civil Aviation Administration of China said the government has extended the coverage for yet another month until Aug 24, the official Xinhua News
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      502 24 Lines services repressed by p £@93 01 *"9*? mßfJw AccreAed Shipping Agnh, N^gi^/ Stngcyore Shipping Awootfcn Members of Singapore Logistics Association cotmans/ ccmvumoiui outgo mmiw/Mm/inniMMn vw ETAPKL ETA SIN ETA MALE We WW 07/ M IV* P**l* ttW 2MB 3MB UU MAKINE SERVICES SINGAPORE Hmhtwiiwii ntcmnw SCANCRABT AGENCIES SDN MID
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      808 25 y v m lra im,..-.,, tomom FROM EUROPE vesa wrlsw row <■w by soy i« |[vbm. Iwr wiw w a m m htikmcss w n/v m/h m/h »/h m/h htubnrhwi JmM/w m/v h/v m/p27/v WOOMt Mi b/h 11/ m mxmxmx ntt m/v 11/ v iyv h/px/v ■anoMH mr n/< h/h
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      899 26 HMhW* HYUNDAI MERCHANT MARINE CO., LTD. qup. HO47HOOOOH iw vor y sm m mi wimi Mvl|vßsa voT|w|uH|rolA«|nAa|Mv|a SI'S?* 1 22 H/« !?/2 7/ n/ mk/vh/hm/n n/w JJ* M/t7 11/ M 11/ M 14/ M Aflnun I1I( 01/47 4J/47 IS/47 l«/(7 2Z 2/m il/2 li'/H!!/!! !i{2 KTFlrao »""/»«/«M/W 22 2£ M/
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      489 26 1 WEEKLY EXPRESS SAMJNB SCHEDULE ALSO ACCEPTW6 TO Mi MOBTHBW AMD MIESTBM CO WBW ww m num totooao MjiaM coummo HttFMOM m lIJK MM 17* St IURMMN 117* Um MM l« KM 15 iisMsw son* am mm am iim ~Tm mum* mat h» iim <mk 7mk "turn bu«mm mm sue
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      892 27 IRISL, Qfh® Sao Q(h® IMkiMk) o®zsfpOa GGXifl&fam7&33C®/ ©00 OOniF&S^fib tblffll <§tf IktMitys) (fex? fts> Soatkmsl (pGftatte SOD Jaraoa ®3 cas 0© <£» (S&ajuoQvdm Urn oih® (faaQmi) ftrcxn&fr flfoaxa, AGENT M SMGAPORE AGENT M MALAYSIA I AGENT M MDONESIA BOWTEAD SMPPMG AGENCCS SON. BHD. PT. SMOSE CONTI PERSAOA IPr! *****144 f
      892 words
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      495 27 Il^gJ UK CONTINENT SERVKE Loadbigtor STARLING ROM/ATW/BMNAJK/NAN OCEAN FRIEND ROM/ATW/BMNAJK/NAN Loadi Sfcyyore. L/W. MrtaiNa. Inrton—■ MIDDLE-EAST SERVICE Loading tor AGIOS NECTARIOS DBI/ABU/DOH/BRN/DMM/KWT TRADER DBI/ABU/DOH/BRN/DMM/KWT PETROS R ADN/HDO/JDH/AQA OR HAN EKINO DMT/JDH/AQA I SWIFT DBI/ABU/DOH/BRN/DMM/KWT I 'Low* Stogwxna, E/W. IIW)M, Indon—la I USA SERVICE 1 Looting tor I ATLANTIC FORTUNE CAM/NFK/SAV/NOL
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      650 27 SBL- tfit VfWH Ml mi I aUg* gaz a/17 prc—m ua n/>; J FiffS II ™=^1"-5k- jßw .T~ Jgj.^MßirWllH~^' 111 JQffi VOT CM m jS^ I -^ag—BB°—as—sa—«s- K —-a— I ~B7W~ ~W7W—-T^ 1 I ~»§1 rSooj ~i t sag—=jj==||==||=Elfe I M/W BZ8!_. 12/04 >/W M/n I yy tOC/COCCTf Ri ilJiip».
      650 words
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      112 28 I KYOWA L!NE Deirg 092E 27/07 07/08 'uAmT 15/08 K'" 1 Deiro 1C192E I 27/071 24/08 1 02/09 1 03/09 06/09 e,ro 1C192E 27/07 21/081 30/08 I 31/08 I 102/09 1 04/09 I 05/09 I Seven Sees Beocori |034N" 03/081 24/08 1 02/09 I 03/09 06/09 Sea* Beooon 034N** 03/081
      112 words
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      183 28 CWT GLOBELINK PTE LTD W own omen m TEL:€ 2 2 ***** (36 LIMES) FAX.*****742 M J YDNC Y MILBOUBNC-MNANG-POBT KCLANG-WW GUDANG KUCHING BANGKOK KARACHI BOMBAY east mmnmmMtmMM ALEXANDRIA/PORT SAID/ASHDOD/IIMASSOiyPIREAUS/THESSALONIKI/BEIRUT/AQABA/ISTANBUL/tZMIR wmr Mmimmam/w mmtrnm. BARCELONA/GENOA/MARSEILLE/LA SPEZIA LISBON/LEIXOES emmmt msmm mnji-u VIENNA/PRAGUE/BUDAPEST NORTH EM/ROPE LE HAVRE/ANTWERP/ROTTERDAM/HAMBURG/BREMEN/FELIXSTOWE/SOUTHAMPTON scmwMmm GOTHENBURG/OSLO/HELSINKI/AARHUS/COPENHAGEN for 9nquiri9slbookings, ptw all
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      38 28 H WINSTAR SHIPPING PTE ITD TIL ******72 BUL *****007 CI HO M*****0000C ."'""'"T E-gjfrjLgSP*"' s Sdhp WmUt (Mm 3 Sat*. WMJy (Mm. VM. FrO Udta(**w|Nrt Uda| (mibhi Nrt tam Dm fO/LQy FQ imtmm, Dm* DM PROJECT CARGO fmm^HfkmtdlLLHOrl.akbmlmk
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      212 28 BSA i teA MYANMA FIVE STAR UNE vnsa vot sm m rai nu cmnsmwhaw S4w su> M6M VMMV Sl* M MUTSIA: MVSTUA SMPPWS MBKKS M-*****3M TtL ******101 K* M-M1IM? BANK LINE Mnrto kmtnm Vhk SUpyhq) VT 1 NORTHBOUND TO EUtORE V IOKX MU IHMTYIFTS »wa sa m NW H Mir
      212 words
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      64 31 TIFBUSAHiu^PHAPMU^ 1 KALIMANTAN 1 DIKiCT WIIKLY SIKVICI TO 1 JAKAKtt/PAIiMUWG/DOMAI I I »T |JW IPKM frwUl I lICIBM—II ti/n u/u iiTiT i I uwmi ii/m ww n/ir IVMW n7W~-p)w~ T37W~ TI7W SUtABAYA/PANJANG Vmml o 5 ri I om*U tt/ii !T7B7~Ts7Bi «7* I PBUH—/PfKAM IMU ■a» iai j, inri"aag' I PUUU
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      72 31 SIN PASIR QUDANQ SM DAILY SAiUNGS [VESSEL iwr I ETA PG I any 1 VPY I CTASNI DAY ll pwowas 2»32S 2M?7yg TWI Ml II Iflfflpffisw IM7S 27/U7ABI w |i&37W I HAnKa\nm II Accepting UC cmy/o Ihitm ConUbm 000/1000 AGENTS: PANCON SHIFTING MARINE SERVICES PTE LTD. TEL: *****550 (6 LINES)
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      66 31 HAVOU Laumnt 28 JULY CHrTTAGONG 1 AUG WMI 30 MY COLOMBO WeeWy CwMlmt hnta CilmAu, M him Km M IJ.IIIIJI.UJIIIIJJII.LILmWJ.H— PHOENIX SHIPPING rmiTs MONTHLY OREAKBUIK S£RV*C£ TO SOUTHERN AFRICA MO MOAN OCEAN ISLANDS VESSEL NAME VOY SPORE DURBAN PHOENXI I 03/2002 18/03 30/03 A —r**-n —rp l n«yrtni». MeuhUua. Baria.
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      55 31 eta eto lqaqwq por AJN3 MimiMHDKPMKIMPBW TROPICAL ROSE JUOtftOCB JftWOg WHOM PENH JUNS KVO7/20CB 12/07/2002 PMNOM PENH A VUNQTAU (30 TON DERRICK AVAILABLE) THE NEW STRAITS SHIPPING CO. (PTE) LTD »1 ANSON ROAOIOi O ANSON CENIWE SPOAPORE BP TB- SPWCtffISUOfIOB TLX RSPISO FAX MMBSICW NO: 110B7SBQMR v .< < Read
      55 words
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      72 31 5= ESP LINES wran LQ sanog TO U6QS VCSS& UUUN6 FVBTT THUKMY 10—I WITWBAT—mWSIWL COWVBITIOML/mOPUII SBtVKI fUSM UMMKFM m HT IS/H/MI MAI, DMMUM ammm r— w«uh«k—m mm ITOK m. tniMl ML- MBit* WWAi OKt pr BS IB; UIS4U Ml: JMTTtI J5L— WttUUmSMWOWE/VETWUiSatVgE vans vot cu rrc kst*utkh miNMM «/n ratT
      72 words
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      525 32 WpWil ffifrilfflij ■pßSffl isS *f!, S 58 *«5 8%8 !i!«! I I Si! #M7/W »nm I I TKartttl 007* Of 10/08 in 1/01 73-74/01 I gj6a|Mg_ ma h-ivm 77 28/ m I Iytssfi vor im oi^^sb^r wwa M 8 14-17/8 I MLUM 408 01-02/01 OS-10/tM 18-IMB I W&MM 030 0344/01
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      611 32 VTSSa HAM VOT UMUNMI fOfT UUNG OffTIAGOHC tKMHA m re m no in re <XBWTT *****44 SAI 27/07 M/ 07 28/07 01/80 05/80 owon am 29/07 10/07 10/07 nm ot/m «M oiwa w »/»y ~Bi/8Q oi/oo 05/00 w7w~ 1 02M120 TWO 01/80 03/00 01/00 07/00 12/ M 18/W 15/» [OCHOWOm
      611 words
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      55 32 *m, CONFER (S.E.A.) I&ZJ SHIPPING PTE LTD TEL: *****868 FAX: *****245 DIRECT CONVENTIONAL SERVICE TO CHITTAQONQ VESSEL sin ctg EMEIUU) 2S-MJULV 01-06 AUG D««CT FCtACUCOWVKimOMAI MRVICES TO>MnUtOMM Ma**. CUcuM Bcntay Km* Calontn. Tuiuu»fci Cacttn F *E«" HoChkMi Hondo*! MB*.Buwn KUaiMIOMTM Sf&Wf Matnrv Bwnwtißwi Artxwp AMMton f Mat JadMi Gn Tauo
      55 words
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      688 32 I~7~V~ Ik■ I Ml/ |l Übl LIIMtO —fc TR: M-AHI-1 «*n I'-SJT? I J fc#C» iwiiiii;twk joo mji" .n. ssw mln-tm-am I IracsglSl I f!/!I I"ff y I 6" l""! \»*x*m \i|m« mm rjJllMa Mti ;y» I I wHog j nil |oi/oo |cioa| 2i4i| oi/oo |mw GUOO 2200 31/07 OUI
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      138 32 [WBSBBEBB Id ■11 k k 1 ;7i\if^| MEAKBUUC CONVENTIONAL SERVICE oma service fkom store to kakachi iwssa form mawwe rauuoi I I imw v/wn low I If I vw/wn wwm SEA-PAC MANAGEMENT PTE. LTD. 70 Anaon Road «17-07/09 Apw Towar, Singapore *****5 *****977 V Umh: 0275 2309 Uw KS *****
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  • Page 33 Miscellaneous
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      139 33 yK jmgBPI 1 Itw L ~^r.s/^i 2&?t 4 11 pfe ~dSHb— A LEGEND: Issued by Meteorological Services Division^NEA R Thunderstorm Showers Rain Temperature *Cp/ Wind direction and speed in knots Cloudy Day Wea,her U Cx 3 Hazy Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or
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