The Business Times, 24 October 2002
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2002-10-24
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The Business Times
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Title Section17 2002-10-24 1 MITA IPI mam/pno? 85C THE BUSINESS TIMES SINGA PORE I Internet; hiip://business-times.asial .com.sg THURSDAY. OCTOBER 24, 200217 words
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Article73 2002-10-24 1 811 MCX 33 (+6.63) ST INDEX POTTOES 14CL00 (+10.00) smsanmnEs ***** (+1.80) STOCK MABKET INDICES Wednesday Change KLSE COMP 662.77 -1.56 NIKKEI 225 8,714.52 +25.13 HANG SENG 9,804.66 +265.71 SET INDEX closed JAKARTA COMP _364.86 +1.03 MANILA COMP 6.44 TAIPEI WPI 4£89.88 +203.42 SEOULCOMP 667.43 +18J6 SHENZHEN B73 words
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Article72 2002-10-24 1 FOBEX BATES us$ s$ USS (SS per USS) 1.781 2(ISS/SS per S) 1.548 1757 EUBO(USS/S$/E). 0.979 1.743 YEN 124.3 69.8 RM 3.800 1134 HKS 7.799 4.379 BAHT 43.59 24.47 RUP1AH 9.197 5.163 FUME BATES SINGAPORE* J>2b KUALA LIMPLH #40 HONG KONG 5.115 JAKARTA 39.00 TAIPEI urn TOKYO 1J7» SEOUL72 words
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669 2002-10-24 1 R Sivanithy - i (exclusive Indices no longer representative and foreign fnnds likely to dropout By R Sivanithy [SINGAPORE] Virtually all of the region's stock markets have been reduced to "penny" status with the percentage of shares worth less than 50 US cents ranging from 55 per669 words
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Article, Illustration743 2002-10-24 1 Lee Han Shih - By\ Lee Han Shih [SINGAPORE] Steven Green, former US ambassador and special adviser to the Singapore government, is making one of his single biggest investments since taking over the loss-making kl Ventures a year ago. But the deal may pose a regulatory743 words
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683 2002-10-24 1 Siow Li Sen - Hexclusive S&fegnards for audit exemption may cushion impact By I Siow Li Sen [SINGAPORE] Even as the accounting profession reeled from Tuesday's decision by the government to exempt a huge number of companies here from statutory audit requirements, a Ministry of683 words
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Article, Illustration827 2002-10-24 1 Anthony Rowley - From, Anthony Rowley in Tokyo ALREADY riven by strife over a controversial banking sector clean-up plan, Japanese Prime Minister Junichiro Koizumi's government could be plunged into political crisis today if opposition parties go ahead with a threat to submit a noconfldence motion inAFP - 827 words
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Advertisement89 2002-10-24 1 msPE Top Stories Kwek Leng Beng: Office prices are not expected to fail significantly. P0 3 HDB likely to extend open e-bidding to main tenders. Pg 6 Hot favourite Yann Martel of Canada wins Booker prize. Pg 16 Extracts of Deputy Prime Minister Lee Hsien Loong's speech on Singapore's economic89 words
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Advertisement7 2002-10-24 1 v INVESTING 2002 Free with today's BT7 words
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Advertisement111 2002-10-24 1 [bv lg a R I I I \1 I' <Hv R I I I I I I K S I <• /ii;•o ii n I* rafc\\ ,i n a I /</ < »mcl < hro n n nat c U S\nii;i p o i c 11 iII »> n llotcl111 words
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Advertisement10 2002-10-24 1 Japan ■lammori for failing to release bank report, Next Page10 words
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834 2002-10-24 2 Vince Chong - Companies struggling with shrinking market, thin margina By Vince Chong [SINGAPORE] The Construction Working Group part of the Economic Review Committee's Subcommittee on Domestic Enterprises will release its recommendations today. Its assessment of the industry's prospects is not expected to be rosy.834 words
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ON THE grapevine
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Article140 2002-10-24 2 THERE'S been a lot written about the decade-long bull market the US stock market enjoyed in the *****. For one, equity ownership among private households is at the highest in history with everyone piling into mutual funds. But here's a chilling bit of information from Barron's140 words
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Article66 2002-10-24 2 AT a post-lunch talk here yesterday to about 600 clients, Morgan Stanley's chief investment strategist Byron Wien did a hand-count poll, asking how many people would support a non-UN-sanctioned American war on Iraq. About 12 hands were raised. "At least it's better than Japan," said66 words
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Article73 2002-10-24 2 THE Fullerton Hotel is returning to its roots with the opening of its Fullerton Shop, which is also an authorised post office, although without the whole range of services. The hotel, which was previously the General Post Office, will also sell nostalgic philatelic items and collections73 words
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Article, Illustration576 2002-10-24 2 Vikram Khanna - Its economists offer opposing views on the US economy By' Vikram Khanna (SINGAPORE) Morgan Stanley's two most senior economists have sharply criticised the Japanese government for failing to release, as scheduled, a key report on the clean-up of Japan'? banking system.PHOTOS ARTHUR LEE - 576 words
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610 2002-10-24 2 Kalpana Rashiwala - By Kalpana Rashiwala [SINGAPORE] Ascendas plans to enhance four of the eight properties in the soon-to-be-listed Ascendas Real Estate Investment Trust (AREIT), based on information in the preliminary prospectus released last week. The four properties are: Techplace II in Ang Mo Kio610 words
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SINGAPORE companies
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Article, Illustration568 2002-10-24 3 Vince Chong - Sentiment has dipped on news of massive New Downtown project By Vince Chong CITY Developments executive chairman Kwek Leng Beng has stepped out, via an analyst briefing, to reassure the market that office prices are not expected to fall significantly. This isFILE PHOTO - 568 words
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212 2002-10-24 3 Reuters SHARES of BIL International Ltd were the most actively traded on the Singapore bourse yesterday amid talk that the firm could see corporate raider Oei Hong Leong emerge as a new major shareholder soon, dealersReuters - 212 words
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Article762 2002-10-24 3 wong wei kong - lock siew wong wei kong Mixed signals coming from Tung Lok Restaurants must have been baffling to shareholders. On the one hand, it warned of a loss, citing sluggish economic recovery and an expected rise in costs. On the other, it also opened a swanky, no-expense-spared,762 words
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221 2002-10-24 3 David Boey - By\ David Boey BEAUTY and healthcare company TR Networks has secured in-principle approval for a Sesdaq listing. Incorporated in Singapore in 1998, the company operates in Malaysia through direct response television infomercials and a retail distribution network of over 670 points of sales. In221 words
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415 2002-10-24 5 Serena Ng - It now sees profit falling to $13m for the year, from $l&sm July target By\ Serena Ng SINGAPORE Computer Systems yesterday slashed its full-year profit target for the second time this year, after reporting a 9 per cent fall in nine-month net415 words
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337 2002-10-24 5 Wong Wei Kang - 6 K Goh sees profit gain from corporate secretarial service By Wong Wei Kang THE introduction of mandatory quarterly reporting for listed companies from Jan 1, 2003, will boost the earnings of corporate services company Boardroom starting this financial year, G K Goh says337 words
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152 2002-10-24 5 Bloomberg THE Ascott Group Ltd, Asia's biggest serviced apartment operator, said yesterday that third-quar-ter profit rose 3.7 per cent as more people stayed at its apartments in Australia and China. Profit for the three months ended Sept 30 rose to $2.8 million, or 0.18Bloomberg - 152 words
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120 2002-10-24 5 AUSTRALAND said yesterday a "consortium" of which it is a member has won a contract to build the 2006 Commonwealth Games Village in Melbourne. Australand did not say how much the contract is worth or give details of its stake in the Village Park120 words
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Article419 2002-10-24 5 Serena Ng - Analyits point t« weak US market, one-time charges By I Serena Ng SOUNDCARD giant Creative Technology may suffer a net loss in its fiscal first quarter as weakening US consumer confidence and possible onetime charges bite into earnings, analysts said yesterday. Creative, whose shares have419 words
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Advertisement79 2002-10-24 3 I A I luii W I I wt Philip Gunter I Wh I "dfck Explorer I I At 3b. family vacations with my kids r& fr CP Now I'm going where everyone isn t LONG LIVE DREAMS I The Cardcofhes with one number that can get yt>u emergency assistance in79 words
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SINGAPORE markets
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Article, Illustration317 2002-10-24 4 OTHER SINGAPORE INDICES Oct 23 VALUE CLOSE BT06/QS 462.00 +170.00 BT CADI -*****.00 +106.00 BT 10-day MA -*****.00 +46.00 Ai-SCriiiWii 382.87 +2.79 SC E|«Wi« Ehd 121.78 +5.32 1305.61 -10.69 SQCpdHnPup 353.54 +8.41 WOSIwppori 181.74 +0.98 SWSCIFatarM 182.30 +L80 Slocks Volume BIL InU US20c 53.945.0CX) Crtiraya 2.5c 49.054,000 PacificCenturylOc 16.933.000 Chart317 words
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Article, Illustration257 2002-10-24 4 Ven Sreenivasan - HOT STOCK/ WARRANT By Ven Sreenivasan IT has been a banner year for healthcare products distributor Osim International, with the company hogging headlines for all the right reasons. Attractive product lines. Broadbased growth. Steadily expanding markets. Good margins. Increasing brand recognition. Strong257 words
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Article, Illustration801 2002-10-24 4 r. sivanithy - I ll comment STOCKS r. sivanithy THERE are several signs investors can look for to see if a market really has turned as bullish as the recent rally in the Straits Times Index suggests. They can look at the performance of counters that are801 words
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Article, Illustration555 2002-10-24 4 larry wee - =11 comment CURRENCIES Greenback's next key supports at 551.7750 and 12&80 yen bear watching larry wee CURRENCY traders scrambled to sell out of their overbought US-dollar positions against key Asian currencies yesterday, wrong-footed by shock news that Japanese Financial Services Minister HeizoSource: Reuters - 555 words
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Article2762 2002-10-24 4 UNIT TRUSTS FUNDS Corn Global Travel Index Fd 0.657/ Com S pore Bond Fund/* 1.06V MM An tax Mat (S'pere) Cradk Optee«s «M Mfl {'port IM Star Europe (qty** 0.603/ Indocam AsiaViuont** 0 7444)782 Star Europe Bd 106V Star Europe Bal 081V DCS Asset Mg( Star Asian Tiger Eqty 065V2,762 words
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Advertisement39 2002-10-24 5 Clean rooms of all classes lor the semiconductor Industry. 456 Alexandra Road #tS4O NOt Building Singapore *****2 ■H-H.I.'.M Tel: 6222 0665 fax 6224 8356 Email: hpcsgiChitachipidfitcom.sg turrwo mum* Website at http://www.hitKhlplmt.hU.rw.lp mo MfceM FU En*»artng A OmMm Co, Lkl39 words
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Advertisement165 2002-10-24 5 Mercedes-Benz Is a trademark of DaimlerChrysler. > > The chance to win a Mercedes-Benz. Right under your nose. nafll HHaul ItaMHiMfll r Only with a C-Class Sports Coupe from Cycle Carriage. KVU To sweeten the deal, we also have here. After all, you might also win one you could end165 words
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SINGAPORE news
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Article, Illustration576 2002-10-24 6 Audrey Tan - Ministry refutes Dr M's comments on water issue point-by-point By Audrey Tan SINGAPORE did not cut its offer price for water from 45 sen to 12 sen as Malaysian Prime Minister Mahathir Mohamad claimed, and his comments were a "gross misinterpretation576 words
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Article, Illustration585 2002-10-24 6 Vince Chong - By' Vince Chong THE Housing and Development Board is likely to extend its online open bidding system to main tenders, despite construction industry worries about its effect on profit margins. Some private and listed contractors have expressed concern that undercutting couldFILE PHOTO - 585 words
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243 2002-10-24 6 CERTIFICATES of Entitlement for all motor vehicle categories except motorcycles firmed in October's second open-bidding exercise. Figures released by the Land Transport Authority show a total of 5,409 bids were submitted by the close of the exercise at 4pm yesterday. Some 72 per243 words
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Article, Illustration243 2002-10-24 6 Andrea Tan - =W =1 on the economy cpi By Andrea Tan FOR THE third month in a row, the consumer price index has fallen by 0.4 per cent. Latest figures from the Department of Statistics (DOS) show the index fell 0.4 per cent year-on-year again inSource: DOS - 243 words
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EDITORIAL & opinion
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Article, Illustration715 2002-10-24 8 nicholas kristof - bottom line OPINION nicholas kristof The writer is a New York Times columnist NYT OSAMA bin Laden succeeded magnificently, it seems, in at least one of his goals: creating a rift between the United States and Saudi Arabia Odds are that OsamaNYT - 715 words
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Article86 2002-10-24 8 'Part of the IHTs strength is that it is an international newspaper based in Paris with its own voice and traditions. We may speak with an American accent, but we are truly an international paper.' -David Ignatius executive editor of the International Herald Tribune. 'Enron was running86 words
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Article558 2002-10-24 8 EDITORIAL OVER the past six months, four market developments in Singapore have not only challenged the conventional wisdom that government-linked companies usually have their way, but have also served to put GLCs on notice that sub-stan-dard market practices on their part will not be558 words
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Article, Illustration1487 2002-10-24 8 Lee Haien Loong - The following are extracts from the keynote speech delivered by Deputy Prime Minister Lee Haien Loon# at the Morgan Stanley Asia Pacific Summit on Tuesday Lee Haien Loong GIVEN the (current) bracing environment, Singapore is at a turning point in our economic development. The wholeFILE PHOTO - 1,487 words
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258 2002-10-24 8 Carolyn Tay - MAiLiirrm Carolyn Tay Director. Marketing Communications The Esplanade Co Ltd I REFER to Seow Eng Ghee's "A pity SSO's concert wasn't telecast live" (Mailbag, Oct 21). We are pleased that the writer enjoyed the radio broadcast of the National Inauguration Concert. We were not258 words
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125 2002-10-24 8 Eva Ho (Ms - Eva Ho (Ms) Vice-president Corporate communications Temasek Holdings WE appreciate Denis Distant's interest in Temasek Holdings in respect of the rights offer by Chartered Semiconductor Manufacturing (Mailbag, Oct 22). We would like to clarify that Temasek has no direct interest in Chartered, nor is125 words
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EXECUTIVE suite
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Article, Illustration526 2002-10-24 9 Thien - By 1 Thien MATURE ivy growing naturally on walls used to represent old rich versus nouveau riche homes, where, in the case of the latter, the paint has hardly had time to dry. It's like being in the "Ivy League" ranks of top-notch US colleges,THIEN - 526 words
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602 2002-10-24 9 Andrea Tan - The sale of the white site in Serangoon Central is now expected to open in December. Andrea Tan reports. Andrea Tan Applications to bid for a two-hect-are white site at Serangoon Central, expected to be open this month, have been delayed till December. In602 words
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Advertisement233 2002-10-24 9 ORCbUo •Apprex. 10,000 20,000 sf rgHgjJl 2° «Column free, raised flooring HOUSE! Shuttle bus to City Hal MRT Lease assignment at very attractive rent fresh lease J possible /a PNMHtf ~CtooWSi»IWT please call: 653 I 8669 6531 8666 WtM 30 Merchant Rood, #01-04 Riverside Point, gy htoffta fyffofft?! S'pore *****2233 words
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Advertisement150 2002-10-24 9 SHOPS, OFFICES, APARTMENTS AND CARPARK FOR SALE BY TENDER Address Htgh Street Centre, 1 North Bodge Road jjßjl Tenure :99 yean horn 2 June 1969 I%?' fof 2 Pa iCr °to ArtatmJ) Shops Units 25-459 Offices 41 39 93 Apartments 20 111-230 Carpark 4«5 (1 strau tide) •jKfiisSs Shops and150 words
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Advertisement49 2002-10-24 9 Singapore Exchange Class A Building I in Raffles Place Flexible sizes from B t Secured 44 months sub-lease term 6531 8669 6531 8666 Wljwifx i-Mxjifit and enjoy a lavish spread of ice cream, salads, local desserts and fresh fruit for only I For reservations, please call 6381 21&8 I49 words
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Advertisement69 2002-10-24 9 a. d|fl i <KI i x Showflat open daily 10am to 6pm, Mon to Sun. For Lease. Large 3, 4 5 bedroom units from 3,000 to 5,000 sq ft Dwetapw sofc MvtMng Agoi Selected units with large patio/terrace Monthly rental Executive from $8,800 to $12,000 Please call showflat at HB69 words
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Advertisement116 2002-10-24 9 Residential Site at Holland Road Collective Sale of Dragon Court Land area. 35,719 sf > > Ploc ratio 1:4,4 storeys FfTehotd Short drive to Orchard Road and Holland Village >. (Subject to STBs approval, if required) 5For Sale by Tender 5j Closing; Wed, 6 Nov 2002,4pm l°l lEE Debenham J116 words
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REGIONAL news
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Article, Illustration904 2002-10-24 10 yang razali kassim - 11 comment ASEAN yang razali kassim A WEEK after Bali, President Megawati is once again finding herself torn between two pulls. The Oct 12 tragedy, which led to the death of nearly 200 people, mostly foreigners, requires her undivided attention. But the904 words
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Article378 2002-10-24 10 Eddie Toh - His MMC Engg joins venture to design and bnild system From Eddie Toh in Kuala Lumpur MALAYSIAN tycoon Syed Mokhtar Al Bukhary could be adding another major piece of infrastructure a light rail system in Johor to help the southern state compete with Singapore.378 words
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NOTE Book
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Article98 2002-10-24 11 AFP [MANILA] President Gloria Arroyo has ordered a "lifestyle check" on all Philippine government officials to look for signs of possible corruption, the presidential palace said yesterday. Ms Arroyo ordered her Presidential Anti-Graft Commission to investigate Cabinet secretaries, bureau directors and executives of government corporationsAFP - 98 words
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92 2002-10-24 11 Bloomberg [HONG KONG) Citic Pacific Ltd, the Hong Kong arm of China's biggest investment company, may cut the pay of most of its 4,000 workers in the city by at least 5 per cent next year, saving HK$5O million (5511.4 million) annually. TheBloomberg - 92 words
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68 2002-10-24 11 Reuters (JAKARTA) Indonesia said yesterday it may postpone divestment of a stake in wholly-owned Bank Mandiri, the country's largest bank, from next month to early next year due to some "technical" problems. Analysts have said the government was likely to delay the stake sale,Reuters - 68 words
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94 2002-10-24 11 Bloomberg [HYDERABAD, India} Satyam Computer Services Ltd's second quarter profit fell 12 per cent as it reduced prices to win orders from US clients. India's fourth largest software developer cut its full year earnings forecast Satyam, whose shares trade on the New York StockBloomberg - 94 words
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65 2002-10-24 11 Bloomberg IHUJNU KUJNUj Hutcnison Whampoa Ltd, Asia's biggest investor in European high-speed wireless telecommunications, doubled an order for video mobile phones from Japan's biggest handset maker to two million. Under the new order, NEC Corp will supply billionaire Li Ka-shing*s company with palm-sized phones withBloomberg - 65 words
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73 2002-10-24 11 Reuters [TAIPEI] Taiwan posted tame economic data yesterday, meeting cautious expectations, but they underlined poor Christmas demand from key markets like the US, as export orders and industrial output both fell from the previous month. September export orders rose 22 per cent to U5512.79Reuters - 73 words
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381 2002-10-24 11 Audrey Tan - Other countries expected to follow suit; if listed, JI faces sanctions and arms embargo By Audrey Tan [SINGAPORE] Singapore wrote to the United Nations Security Council committee yesterday urging that Jemaah Islamiyah (JI) be added to the UNs terrorist list a381 words
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Article186 2002-10-24 11 AFP [WASHINGTON] US terrorism sanctions against Jemaah Islamiyah (JI), the Southeast Asian Islamist militant group suspected of involvement in this month's deadly Bali bombing, came into force yesterday as the State Department designated it a "foreign terrorist organisation." The designation, which imposes economic and travelAFP - 186 words
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271 2002-10-24 11 KUALA LUMPUR Bloomberg A MALAYSIAN think tank has cut its 2002 growth forecast for the nation's economy by half a percentage point to 4 per cent, citing rising risk of a war in Iraq and a slowing US economy, The Malaysian Institute ofBloomberg - 271 words
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533 2002-10-24 11 Leon Hadar - From Leon Hadar in Washington AC .1 i. Nt n ricaiucm uwrge DUSfI prepares for his Oct 25 meeting with Chinese President Jiang Zemin in Crawford, Texas, and gets ready to travel to Los Cabos, Mexico, for the Apec leaders summit,533 words
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Article, Illustration654 2002-10-24 12 SHENYANG Company statement says he faces allegations of 'economic crimes' not related to business Reuters FORMER Brilliance China Automotive Holdings chairman Yang Rong is wanted by China's police on allegations he was involved in economic crimes after the Liaoning provincial government approved his arrest. MrReuters; APPLE DAILY - 654 words
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441 2002-10-24 12 Macabe Keliher - They fear flows oot to China, deluge of Chinese products From Macabe Keliher in Taipei DESPITE recent excitement over the possibility of direct links between Taiwan and China, economists here warn that not only will links fail to benefit Taiwan's sagging economy, but also441 words
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242 2002-10-24 12 BEIJING Reuters CHINA is expected to unveil a detailed power reform plan soon to break up State Power Corp's near monopoly by setting up five generators and two grid corporations, the Economic Information Daily said yesterday. The restructuring plan, aiming at promotingReuters - 242 words
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Advertisement1844 2002-10-24 10 (?2) WING TAI HOLDINGS LIMITED 0 (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an EXTRAORDINARY GENERAL MEETING of the Company will be held at the Hullet Room, Level 4, Raffles City Convention Centre, Swissotel The Stamford, 2 Stamford Road, Singapore *****21,844 words
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Advertisement1284 2002-10-24 10 (3) WING TAI HOLDINGS LIMITED f (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 38th Annual General Meeting of the Company will be held at the Hullet Room, Level 4, Raffles City Convention Centre. Swissotel The Stamford, 2 Stamford Road, Singapore1,284 words
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Advertisement185 2002-10-24 12 I I offsktn wtti mm.. Ej fc»~j|^^—-jwMWa-Mi**! J WgiJgJfWfWM nil* *—1,1...* |l«§1 ji f|TS •mw BHaAAUAiyiZß^j4S^'; Hongkong -■>.. -T""!'" Samoa nominee, corporate secretarial, banking and professional administration services are available. Hj We also specialize in offshore trusts, offshore banks, and captive 1 I K| insurance companies for qualified applicants. I185 words
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Advertisement25 2002-10-24 13 '*!L>^k% > v- -*a Jfe- l' i S nAk 'jjna«nK^g t Mi j» 1 m J _jHW**^&J^& /Imß I I i i ■jk^ P?J^R f Jn^v25 words
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FOCUS economy
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Article, Illustration1733 2002-10-24 14 Vikram Khanna - IMF chief economist about the economic effects of security risks, the world economic outlook and Japan Vikram Khanna WHA T lessons have been drawn from the economic impact of the Sept 11, 2001 tragedy in the United States, and what do they tell us about theSTEVEN LEE/ST; AFP - 1,733 words
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Advertisement199 2002-10-24 14 KSjOHtfORAIEIAX ECBUDGH 2003 THE SPEAKER: S. THURAISINGAM ACCA, ACMA. Currently Tax Manager in a local CPA firm. Lecturer for British Tax and Singapore Tax for Final W Year Business Accounting Programs. Place Winner for W "C CA Tax Planning and Tax Framework papers. TO/iy thould y&u attend? I Why pay199 words
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Advertisement123 2002-10-24 14 NOVOTEL MEANS BUSINESS Shanghai Novotel Atlantis Shanghai US$9l Beijing Novotel Peace Beijing US$BO* 4 Beijing Novotel Xin Qiao Beijing USs9o** Shenzhen Novotel Watergate Shenzhen USsBB** Hong Kong Novotel Century Hong Kong HKs992** Hong Kong Novotel Century Harbourview HKs77o** Seoul Novotel Ambassador Doksan Seoul US$ 140** Seoul Novotel Ambassador Gangnam Seoul123 words
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WORLD news
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554 2002-10-24 15 Ravi Kanth - Japanese banks lose market share, Europeans retain lead: BIS From] Ravi Kanth in Geneva DESPITE deflation fears in rrauor industrialised economies, international bank lending has shot up considerably during the second quarter of this year, with Asian banks increasing their exposure to554 words
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WORLD Watch
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Article75 2002-10-24 15 Reuters [PARIS] STMicroelectronics NV posted strong quarterly profits and issued a cautious but more positive than expected outlook yesterday. Chief executive Pasquale Pistorio, sounding much more upbeat than STM's rivals have recently, said the company was well on the way to outperform forecast double-digit growthReuters - 75 words
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87 2002-10-24 15 Bloomberg [MURRAY HILL, New Jersey] Lucent Technologies Inc, the maker of telephone equipment, posted its 10th straight quarterly net loss as sales plunged by more than half. The loss in the fourth quarter to Sept 30 narrowed to US$2.B4 billion, or 84 US cents aBloomberg - 87 words
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Article69 2002-10-24 15 Bloomberg [PARIS] Vivendi Universal SA agreed to sell publishing units in Europe and Latin America to Lagardere SCA for 1.25 billion euros (552.2 billion), abandoning a plan to shed the entire division because offers were too low. The world's No 2 media company said it willBloomberg - 69 words
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68 2002-10-24 15 Bloomberg [STAMFORD, Connecticut] Xerox Corp reversed a year-ago loss in the third quarter by cutting I,6oojobs and other expenses. Net income was US$lO5 million, compared with a net loss of US$32 million a year earlier. Revenue fell to U553.79 billion from US$4.O5 billion.Bloomberg - 68 words
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329 2002-10-24 15 PARIS AFP, AP THE New York Times has won control of the International Herald Tribune from The Washington Post for less than US$75 million in a deal accompanied by threats, reports on the Times and Post websites indicated yesterday. TheAFP,; AP - 329 words
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Article, Illustration645 2002-10-24 15 Shada Islam - Helping hand for new entrants could polarise members From\ Shada Islam in Brussels THEY may have secured vital Irish backing for the European Union's historic eastward expansion, but EU leaders striving to unify east and west Europe face crucial new obstacles in achievingAP - 645 words
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459 2002-10-24 16 NEW YORK Citigroup chief says he had volunteered to testify about analyst research Reuters, Bloomberg CITIGROUP Inc CEO Sanford Weill yesterday said he had volunteered to testify about the company's research practices and denied a report that his interests have diverged fromReuters,; Bloomberg - 459 words
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271 2002-10-24 16 ■BOSTON Reuters STAGGERING losses at Beacon Hill Asset Management show how risky hedge fund investments can be. but lawyers and industry sources say the blowup will spark more talk than action on regulating these freewheeling funds. Beacon Hill last Friday saidReuters - 271 words
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Article, Illustration360 2002-10-24 16 LONDON Reuters CANADIAN writer Yann Martel on Tuesday ran out a narrow winner of the Booker Prize, Britain's most prestigious literary award, for Life of Pi, his quirky fable about a boy's survival after a shipwreck. "I feel like I am inReuters; AP - 360 words
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Article, Illustration495 2002-10-24 17 WASHINGTON Their talks will outline roles to ensure investors receive unbiased stock research Reuters. Bloomberg A MEETING is slated to be held here today between regulators and investment banking representatives to discuss the outline of a potential global settlement on year-old probes.Reuters.; Bloomberg - 495 words
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Article254 2002-10-24 17 Reuters [WASHINGTON] In a year rife with accounting scandals and corporate failures, Wall Street's top regulator said on Tuesday it had pursued a record number of financial and securities fraud cases. The Securities and Exchange Commission filed 598 enforcement actions for fiscal yearReuters - 254 words
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319 2002-10-24 17 CHICAGO Such a system will improve corporate behaviour, he says Reuters US Treasury Secretary Paul O'Neill on Tuesday suggested a rating system for companies' statements to improve corporate behaviour. Speaking to students at the University of Chicago's Graduate School of Business, Mr O'Neill said suchReuters - 319 words
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332 2002-10-24 17 NEW YORK He faults close ties between research, investment h»niHng Reuters ANTHONY Taggart, Utah state's top securities watchdog, says he is close to wrapping up a probe of analyst practices at Goldman Sachs Group. The regulator expects to complete his inquiry byReuters - 332 words
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Article1580 2002-10-24 15 SICOM ruiuuBS Oct 23 RUBBER futures (Closing prices) RSS1 (S cwitsAq) dose Volume OpM Mowtti Htyi Low Sett (tornios) Interest Ho* 02 145.50 Dec 02 146.00 Jon 03 146.75 Feb 03 146.75 RSS 3 (US ctotsAfl) VoiWM Open Montfc High Low Sett (tomes) Interest No* 02 80.75 80.75 80.751,580 words
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Article4436 2002-10-24 16 Transaction date: Oct 23 for more, go to iimrwxisiaorienrriarkets^orn B HONG KONG hkrwi. 1.34 ooe Vol Hong Kong Electnc 31.60 0 30 2043 MO 1* Hongkong Chinese .0.55 0 02 1132 Hongkong Chinese Ud 0.55 0 02 1132 Alpha General.. 0.02 unth ***** Hopewell Holdings 4 50 0.054,436 words
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Page 16 Advertisements
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Advertisement225 2002-10-24 16 IWC. Official supplier to men. We care for men: take the Big Pilot's Watch. for instance. With a case measuring 46.2 mm in diameter and weighing in at 150g. mechanical movement with Pellaton automatic winding system and a seven-day A power reserve. Ref. 5002 in stainless steel. Also available in225 words
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Article2162 2002-10-24 17 Transaction date: Oct 23 H KUALA LUMPUR FraseriNeave 3JS0 -0.06 5 Vol FS8M 182 -0.01 2 Mi W- rw FWrncfcatnes Alt u nch 2 Gadang .0* unch 0 A AM Ready 0.80 inrh 0 Gamuda &4S unch 500 Abric 1.04 unch 37 GanadCorp .0.70 -0.06 2 ACP Inckstnes 2St2,162 words
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Article633 2002-10-24 17 Transaction date: Oct 23 Om o—| —+wmrn m q— >52 ««fj «£J5*» 044 2M0 40JH0 OwiWondJfc OM M9S .0.025 OUi OH «J50° tcOM sas* is a as as?*- as OK«n 1433 ***** -OJOO 9A«tc tIJOO <OXI a225Jfe» 25 222 JPl 7 *M" c OjWroCorpSOO 0J4 IJJO *0.010 g 0J3633 words
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Article550 2002-10-24 17 BONDS WARRANTS Cam txm 'oSc '"'"I fW) fc»B« Price hi HI A5T1VW***** 175 t 16 116 0 89 20 Aon* Ltd W*****6 1 I SO 7(3 2 00 25 Am**W0506l0 70 J 513 I 13 147 33 Armstrong \MM0520 1 I 10 120 500 19 Bar 6*SA*****1 10k KM Bar550 words
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Page 17 Miscellaneous
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Miscellaneous174 2002-10-24 17 CTffTO CROSSWORD 27 As the trend developed with everything else (3, 3.4) nnww 11 Suitable to become a union Across: 1 Sea-bathing, 6 Apse, c member (12) 10 Frail, 11 Leathered. 12 BeanTate off member ale' first 13 Oust forces in town in East pole, 13 Arson, 15 Overact, 17174 words
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Page 18 Advertisements
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Advertisement47 2002-10-24 18 HOW WOULD YOU MEASURE SAFETY? SOME RISKS ARE NOT WORTH TAKING Hong Kong Chek Lap Kok International Airport is migrating their analog CCTV surveillance system to the Multi Vision digital video surveillance solution. Shouldn't you? I^B B ZS\Multi Vision For A Peace of Mind Intelligent Surveillance www.multivision.com.hk47 words
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Advertisement53 2002-10-24 18 Serious small business opportunity with plenty of room to grow. In the creative and publication circles, our history extents over ten and half years. We are seeking for one serious partner to help expand our business. If you are keen, send an email with your contact to stw@asia.com Ifa &tk53 words
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BIZIT
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501 2002-10-24 18 Move triggers turf war with top suppliers like Nokia and Motorola Reuters [AMSTERDAM/LONDON] US software giant Microsoft Corp broke into the mobile phone market with French operator Orange on Tuesday, unveiling a smart phone that triggers a turf war with the telecomsReuters - 501 words
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Article, Illustration412 2002-10-24 18 Companies likely to conserve cash and make better use of what they have Reuters, Bloomberg [SAN FRANCISCO] Hew-lett-Packard Co, the No 1 personal computer and printer maker, expects slow growth in technology spending next year as corporations conserve cash and learnReuters,; Bloomberg - 412 words
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182 2002-10-24 18 Reuters [SEATTLE] Amazon.com Inc's free-shipping incentive programme and robust growth overseas will fuel strong third-quarter earnings results, giving the Web retailer a good chance of posting a full-year profit, analysts said on Tuesday. Although Amazon is likely to be in the red forReuters - 182 words
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Article, Illustration633 2002-10-24 19 Ashlea Ebeling - Tech recruiter Jeffrey Abraham won a USslsm verdict for blowing the whistle on a Hynix unit Bui Ashlea Ebeling DO you have a righteous streak? It can be expensive. Consider the saga of Jeffrey Abraham, a 45-year-old headhunter who got into a jousting match with client633 words
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393 2002-10-24 19 It was aimed at all root servers around the world, and shnt down 7 of them NYT [SAN DIEGO] Hackers launched one of the worst attacks ever on the computers that control the Internet, officials confirmed on Tuesday, but Monday's attack wasNYT - 393 words
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Article, Illustration551 2002-10-24 20 TANG WENG FAI - With higher local design content, Singapore manufacturing benefits, tamo wens fai learns TANG WENG FAI Drawn by surging demand in Asia for its cheaper programmable chips, USbased Altera Corp has set up operations in Singapore, and sees the region's contribution to worldwide revenues climbingCHRIS LOH - 551 words
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Article, Illustration614 2002-10-24 20 kenneth james - liicomment INFOTECH Homegrown philosopher PCK was on to something after all kenneth james The writer is BT's Technology Editor AT the end of a briefing last week on proposed changes for the local manufacturing industry, one puzzled journalist asked: "So is there anything new?" One614 words
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Article3835 2002-10-24 19 Transaction date: Oct 23 for live prices, log on to wwwxisiauonernarketsxxym J£"£_ y»Q"y. 0*. <kTU MM mcm *f L C '■>■"» W- fO) Mt» L— Buyar Sdhr Cw PH >3 ABNAmroNLG 56c 9 -12 U Mil 20.5 9 ACE Dynainlcs20c 11.5 11 115 07 8 11 192 11*3,835 words
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Article54 2002-10-24 19 jS™I* iJ5 J5L "w jM»wH «»r rn CrtM MM MCa ,m V m l <*"» «W CV M >3 *w WO OlMM* US7310 *0 2700 BOJUSTadt USZTOOokd VI liMSOSpor* USSBafcri ■Macao ssanoa uazMokd MS c* sfob usno I IMS 13D ST) FIT *00 M57 *1 t 1466 145354 words
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Article655 2002-10-24 19 r —I, 2 f2L OH* MrCrtM M Ka saea —±—cm w» u» a— cw m >a MS II ajar?* 405 *> 105 115 212 s»s m 175td «*5 1W 175 17 17 1« S 115 14 74 «S ifli *f 5 MO 1»5 II 175 1U H m655 words
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Article232 2002-10-24 19 iS l-IQ-* fifOfe Okr GrYW MM MO. "P U C 'f' J r»W M# l— Mhr Or Ht >3 S K T*"? 5 5 *5 «7 5 88 S 40 3.4 113 SJ 1905 T 265 2.1 74 6 *****J *0 63 67 3 40H6S 4S 470 2232 words
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Page 20 Advertisements
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Advertisement111 2002-10-24 20 s£»- jp. -^1 /j^flßHr' v 1/m Mar^->4 MaS "4fc 1* K Avll^w ik. fl h *n rr iw mi Br V w* aJ E* HBflfe. j| ,'0 'C i£' Hitachi's visionary technology is revealing nature's deepest secrets to the naked eye. Our versatile electron microscopes indispensable tools in the nanotechnology111 words
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Investing 2002
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Article, Illustration109 2002-10-24 21 First the tech bubble burst. Then came a recession compounded by the Sept 11 tragedy. US corporate scandals followed, shaking investor confidence across the globe. Billions of dollars were sucked into the stock market black hole. In this supplement. BT tries to find out what the future holds109 words
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Article, Illustration1413 2002-10-24 22 VIKRAM KHANNA - vikram khamma revisits recent economic disasters to find out if the global recovery can keep its pace VIKRAM KHANNA AT THE end of 2001, when stock markets were starting to recover from their post-Sept 11 declines, investors sighed with relief that an annus horribilis had come toREUTERS - 1,413 words
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Article, Illustration938 2002-10-24 22 R SIVANITHY - While markets defy definitions of investment, rsivamithy gives tips to figure out the next Big Play R SIVANITHY SINCE this article appears in the Investing supplement, it might be a good idea to remind ourselves what the word "investment" is supposed to mean.FILE PHOTO - 938 words
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Article, Illustration781 2002-10-24 23 Amid the Middle East tension and fears of a renewed recession, diversification to limit exposure to anv one currencv would be a wise Herkinn IN FOREIGN exchange markets at present, it is a case of identifying the least weak currencies, rather than the781 words
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Article, Illustration1620 2002-10-24 24 SAILESH K JHA - sailesh k jha explains why he belives South-east Asia faces no danger of a recession in the next two quarters despite Iraq war clouds SAILESH K JHA The writer is senior regional economist, DBS Bank Singapore IN SPITE of economic data from the US and theREUTERS - 1,620 words
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Article, Illustration1427 2002-10-24 26 TIMOTHY SHIELD - As consumers become more sophisticated, Singapore s life insurance industry witnesses a qualitative change, says timothy shield TIMOTHY SHIELD The writer is vice-president chief financial officer, Manulife (Singapore) Pte Ltd WITH the strong push to position Singapore as a financial and insurance hub, the life insuranceFILE PHOTO - 1,427 words
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Article, Illustration864 2002-10-24 26 GLENN LEE - By GLENN LEE The writer is head of marketing and business development, UOB Asset Management IF SOMEBODY were to talk to you about investing some of your hard-earned money into global emerging market bonds, what would your first reaction be? High risk? Perhaps. In864 words
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180 2002-10-24 26 MANY Singaporeans have not been proactive in planning for their old age. But by the year 2030, one in five Singaporeans will be at least 65 years old. And as life expectancy increases, the question is how can Singaporeans remain financially secure in the180 words
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Article, Illustration816 2002-10-24 29 SIMON YAP - Singapore is transiting into its new roles as processing hub, education node and life sciences heart, simon yap takes stock of policies shaping the economy SIMON YAP The writer is associate director, Asia Pacific equities, at HSBC Asset Management. Singapore WHILE other economies in the regionREUTERS - 816 words
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Article, Illustration1139 2002-10-24 30 JOHN PATTULLO - To invest in corporate bonds, john pattullo thinks the time is just about ripe now that government bonds have been over-bought and bargains are to be found among corporate issues JOHN PATTULLO The writer is assistant director, corporate bonds, at Henderson Global Investors THE corporate bondAFP; AP, AFP PHOTOS; REUTERS - 1,139 words
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Article, Illustration1090 2002-10-24 31 CHEONG WHEE LENG - cheomc whee leng gives an update on asset allocation for the individual investor CHEONG WHEE LENG The writer is senior vice-president, business development, Singapore, SG Asset Management BY THE time you read this article, you would probably have, for the umpteenth time, been offered advice onSource: SG Asset Management - 1,090 words
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396 2002-10-24 31 VINCE CHONG - By' VINCE CHONG IS this the right time to buy a home? A simple question, with no one right answer. Going by price alone, most property watchers agree that these levels are attractive enough for many buyers. Daiwa Institute of Research analyst Winston396 words
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Article, Illustration1159 2002-10-24 32 HO TOON BAH - Escalating living and medical costs underscore the need for Singaporeans to take active interest in financial planning, argues ho toon bah HO TOON BAH The writer is general manager, wealth management. Standard Chartered Bank. WEALTH means different things to different people. For some, it simplyFILE PHOTO - 1,159 words
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Page 21 Advertisements
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Advertisement185 2002-10-24 21 t^doiir^^a K^Jf ever m •-.*^^'HBfVyß^^^^H *>^-..- •>»?' 1 <;k*vV-*f v V Want a larger slice of returns? Our Optimal Cash Account gives you the flexibility of earning potentially attractive yS returns on your idle funds while waiting for your next trading •:'^j opportunity. It also increases your trading power by185 words
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Advertisement21 2002-10-24 21 CONTENTS Annus horribilis PAGE 2 Currency winners PAGE 3 Singapore equities PAGE 4 Whither bonds? PAGES 6-10 Savvy planning 'PAGES 11-1221 words
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Page 22 Advertisements
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Advertisement111 2002-10-24 22 •Time is precious when you don't have enough of it. JR. A. BlancpaiN pEAlfl APATOUEH H D, HorAA £To AlrfAO.' I /y f Vladimir Kramnik. \\V S 4. C/ Chess Champion 4 ffJ) X, ,/jj'lW The world's thinnest and only L \t'— j/&£r self-winding Tourbillon with one week power reserve111 words
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Advertisement436 2002-10-24 23 SV^^ Stays with you. Supports you. Grows with you. [MIiin:1;1;;MMI1III.n, I 1 M M M 1 I M M I I n I I 2040 2030 2020 2010 Today !?rcio P n e ST e f r yOUr 9^' den l*T; yOU need an investment that kee P s U436 words
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Advertisement76 2002-10-24 24 BlancpaiN MANUFACTURE DE HAUTE HORLOGERIE w uu f\rt f. l/X G<en Theatre and Film Director, Singapore. c~y <c>' Ultra-slim self-winding wnstwatch. y Water-resistant to 100 meters. Cortina watch Raffles City #01-36 Tel: *****185 Millenia Walk 01-36 Tel: *****728 Paragon #01-13 Tel: *****084 Lucky Plaza #01-32 Tel: *****668. Blancpain Singapore: 43876 words
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Advertisement166 2002-10-24 25 Jrafe jjfl| I USA l I Football I I fS) m vj |g I Football I I AUSTRALIA I K Football H I Never underestimate the importance of local knowledge. I It To truly understand a country and f| 1| its culture, you have to be part of it. ftl166 words
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Advertisement214 2002-10-24 27 I I 1 PiifflMl I H| |Ilif Jj I'll I- iilll'iT'i 1 1: iffilljlllf IIIfl!IPIII11Iff] lil I I i if i i i ■I i< I i iI i i < jj I'ij! jlijti jjiljljl lijlji'l J I fi iuf mj 11 11 ■Jill i f M —I II I214 words
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Advertisement337 2002-10-24 28 DD Manulife Financial Sound Advice Sound Decisions Manulife Financial is a leading j r Trained to deliver sound financial advice, our 100% full-time professional advisers devote 100% Canaaian-based financial of their time to assisting you in making sound decisions for your future. With extensive knowledge services group operating in 15337 words
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Advertisement151 2002-10-24 29 Count On ÜBS WdrburQ, the global l6ddcr. When a task calls for strategic excellence combined with local market intelligence, ÜBS Warburg offers the strongest credentials. As the world's No.l in global research", we offer cutting-edge insight into the world's markets. We also own the world's largest trading floor in the151 words
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Advertisement189 2002-10-24 30 K^tvourbusiness again st Baddebts... wepayyouifyour customersdon't. B one or more a are trying M from losses a nonMfacility. When your we m acce P t the risk customers' default/insolvency up to an agreed limit. MAs part of the facility, we also take over the sometimes tedious and costly sa es189 words
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Advertisement61 2002-10-24 31 I ITwTnSi Cape Land www fc—iii il mniw.Lum CHEW CHEONG WATCH CENTRE CORTINA WATCH DELUXE EASTERN WATCH EMOTUS TIME CULTURE GASSAN WATCH T2 (SOUTH) PRECIOUS TIME ROY EASTERN WATCH ROYAL WATCH CENTRE SINCERE FINE WATCHES SINCERE FINE WATCHES DUTY-FREE Tl (WEST) SINCERE FINE WATCHES DUTY FREE Tl (EAST) TIME CLUB61 words
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Advertisement66 2002-10-24 31 CD PUT KNOWLEDGE IN YOUR PORTFOLIO OF ASSETS. Arming yourself with the right knowledge is essential when investing and trading in the securities and derivatives markets. What better and smarter way to do so than to register in our free webcasts and fee-based courses and workshops. Visit www.sgx.com or call66 words
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Advertisement109 2002-10-24 32 1 V V*i I w I T iIWU M l pp' 'A :^R, I ,r M A oi v> PjO 21 HHH H 1 cp mm w if W^m^ 11 28 know more about Scheme j§Btt Mr Mdm/Ms: Addrms: •:'3&jfcs i Km bBS NRIC: E-mut t Klfe Contact No*.: Existing109 words
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SHIPPING TIMES
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Article298 2002-10-24 33 Reuters THE Baltic Dry Index (BDI) rose five points to 1,369, the Baltic Panamax Index (BPI) gained six points to 1,301, the Baltic Handymax Index (BHI) firmed 28 points to 9,464 and the Baltic Capesize Index (BCI) was up seven points to 1,753. APJ Git (built 2001) 74,000Reuters - 298 words
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Article247 2002-10-24 33 WO *f- HI CWT Distribution—0.70 -0.03 SO ChuanHup 0.47 HMD 894 Cosco lnv*stm*nt 0.1® 0.01 15 f rMoht Links 0.04 0.01 106 G6HoMrat 0.60 unch 47 Jay* HoMfcgs 0.25 0.01 697 KappalCorp 4.54 0.14 2485 K*pp*l Marin* 0.17 0.01 2049 KaopMTrt* 0.88 0.01 74 Lafcroy Marin* 0.23 uneti247 words
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Article, Illustration538 2002-10-24 33 Donald Urquhart - Electrified fence surrounding vessel will prevent unauthorised boarding IMB By Donald Urquhart [SINGAPORE] Amid the spectre of rising maritime piracy and terrorism, the International Maritime Bureau (1MB) has proposed electrified fences and special protected channels for oil tankers. Globally reported pirate attacks rose 7FILE PHOTO - 538 words
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307 2002-10-24 33 It says govt moves allow Korean yards to sell ships cheap Fairplay, AFP [SINGAPORE] The European Union (EU) has taken its complaint against South Korean shipbuilding subsidies to the World Trade Organisation (WTO). A complaint alleging "illegal export subsidies" paid by theFairplay,; AFP - 307 words
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224 2002-10-24 33 Reuters [BAKU] A cargo ship carrying 1,000 tonnes of oil sank in bad weather off Azerbaijan's Caspian Sea coast and 37 people on board are still missing. Azeri navy ships and helicopters suspended a search and rescue mission late Tuesday night afterReuters - 224 words
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412 2002-10-24 33 Beth Jinks - Two-thirds of containers returning empty to Asia from US in Ang By] Beth Jinks [SINGAPORE] The widening trade volume gap on the transpacific hit record levels in August, with two-thirds of containers returning to Asia from the US empty. In August, 846,817 TEUs (20-foot412 words
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AVIATION news
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Article, Illustration333 2002-10-24 34 US AIRLINE WOES Many also have no medical coverage: New York study AP [NEW YORK] Many airlines laid off a fifth of their workers after the Sept 11 attacks, and a report released on Tuesday found that 54 per cent of New York-area airlineAP; REUTERS - 333 words
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180 2002-10-24 34 Reuters [CHlCAGO] United Airlines' unionised flight attendants on Tuesday said they have started to negotiate independently with management over cost-cutting needed to avoid bankruptcy, demanding stock and profit-shar-ing in return for anything they sacrifice now. The flight attendants said all labour groups at No 2Reuters - 180 words
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268 2002-10-24 34 Reuters [CHICAGO] Northwest Airlines and its pilots have agreed to delay the start of negotiations on a new contract by six months until July because of the unsettled travel industry, the union said on Tuesday. In June, Northwest pilots represented by the Air Line PilotsReuters - 268 words
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Article124 2002-10-24 34 PA6C Fooog Sun 5 BSA 6 fujitrans 6 rtangMas 6 <*"wrtr«s 4 CMACGM 3 4 COSCO 3 Hyundai 4 Cotonfcus 5 Hew*-* 3 It Central Ex 4 MSI S CtanaShpg S MpalKris 4 Cougar 5 Kien Hung 5 CVT Gkrtximi 6 Kywa 6 DHmas 4 MfTC 3124 words
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Article10504 2002-10-24 38 THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number 02/0 16/0 UASC AL SABAHIA CNN 65*422*410 To ABIDJAN (ABJ) 2003 Cot* D'lvoire OS/o I8/0 cosco uni promote oow 65-*****900 31/10 00/1210,504 words
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SHIPS IN PORT
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Article666 2002-10-24 40 Vessel Voy Wo Berth Arrival Departure JURONG PORT BINTANG BARU JB1001 J12 A/SIDE 24/10 0300 BT A-FRIZAL *****2 J1 A/SIDE 24/10 0300 BTKENSAK2 30CT02 J1 A/SIDE 24/10 0200 BUDIJ ASA 10 BJ1047 J12 A/SIDE 24/10 0200 ELINK1 4135 J4 A/SIDE 24/10 0630 SANTA SYRIA2 14 (L) J22 A/SIDE666 words
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Article1387 2002-10-24 40 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vessel Out In Bth Berthing Un- Berth Voy Voy seq berthing Nmbr ABU DHABI C213W Q13W 1 *****002 1800 2700*2002-06.00 ACX MARGUERI 01 ON 01 ON 1_ 2600*2002 1500 2700******300 ALAMIAVA2 3999 3999 1 *****002-1030 2400*2002-1630 K23 API DALIAN 004 004 1 2S00*20021,387 words
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Article159 2002-10-24 40 Ml Canada: Canada Day Brunei: HM The Sultan's Birth day Hongkong: HK Spe Admin Reg Ea tab Day Jul 4 United States: Independence Day France: National Day Belgium: Belgian National Day Jnl 14 France: National Day JallS Brunei: Sultan's Birthday Jnl 17 South Korea: Constitution Day Japan: Marine159 words
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Article797 2002-10-24 40 THIS report, compiled by Cockett Ma rine OU Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description at the market. Prices shown are based on average sized stem. Market movements are indicated The Cockett Bunker Price Index change and797 words
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Article440 2002-10-24 40 no Ma» 991.5 0.4 15.0 0.08 49 0.04 OrtH Oewntr —tar IwMw SHIauat No above E25 1 0 0 0 0 0 300 985.7 02 15.1 0.05 23 0.02 In 380 Ma 998.7 10 *J 0.09 52 0.05 Wlri %l>/ No above C35 M 0 2440 words
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AIR & LAND transport
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Article, Illustration417 2002-10-24 41 New ballet train service cited as reason; Skymark may take over Reuters (TOKYO] All Nippon Airways Co Ltd, Japan's sec-ond-largest carrier, said yesterday it planned to discontinue a domestic route out of Tokyo and discount carrier Skymark Airlines Co Ltd said it might takeReuters; FILE PHOTO - 417 words
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Article, Illustration444 2002-10-24 41 Practice exists for large passengers to upgrade to bigger seats or buy 2 seats Reuters [LONDON] Virgin Atlantic Airways said on Tuesday it would not change its policy for overweight passengers, despite paying out £13,000 (5535,864) to a woman squashed by anReuters - 444 words
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236 2002-10-24 41 Bloomberg [FRANKFURT] Deutsche Lufthansa said it is dismissing a demand by its 52,000 cabin and ground staff for a pay raise of 9 per cent, nine times the German inflation rate. The workers, represented by the Ver.di union, also demand bonus payments,Bloomberg - 236 words
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207 2002-10-24 41 Bloomberg {SHANGHAI] Shenzhen Airport Co, China's fourthlargest airport operator, said profit in the first nine months of 2002 dropped 16 per cent on lower investment gains. Net income fell to 250.5 million yuan (5553.73 million) from 296.4 million yuan a year earlier. Thirdquarter profit wasBloomberg - 207 words
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Article, Illustration330 2002-10-24 41 Bloomberg [SEOUL] Korean Air and Asiana Airlines, South Korea's two largest carriers, will fly 4.2 per cent fewer weekly international flights until March as travel demand slackens during the winter season. The two airlines will fly 783 weekly flights for four months startingBloomberg; FILE PHOTO - 330 words
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LOG Book
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77 2002-10-24 41 AP [BISHKEK, Kyrgyzstan] A Russian cargo jet crashed while landing early yesterday morning at Manas International Airport outside the Kyrgyz capital Bishkek, injuring all 11 people aboard, said a duty officer at the Kyrgyz Emergency Situations Ministry. The jet, an Dyushin-62, hit a concrete barrierAP - 77 words
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100 2002-10-24 41 Bloomberg [SYDNEY] Patrick Corp, which owns half of Australian discount airline Virgin Blue Airlines, said it won a contract from Thai Airways International to handle its cargo in Melbourne. In April, Patrick agreed to buy the international cargo handling business of failed Australian carrier,Bloomberg - 100 words
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83 2002-10-24 41 Bloomberg [TOKYO] All Nippon Airways (ANA) overseas passenger numbers rose 17 per cent in September to 316,366, compared with the year-ago period, while the number of people taking domestic flights rose 5.4 per cent to 4,205.258, the company said in a statement yesterday. Asia's secondBloomberg - 83 words
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Article1856 2002-10-24 41 cbt rum m mat n> urn one on zzso •M* 1*7381 1840 8*7382 226 WM M4S LH779 2305 ore 2215 SOUS W4579 2305 AaittrOM S035 0655 6*974 0130 JSS 2 *1837 BIO liin 2225 W4571 1555 LH97U 2150 5flH SO2007 1555 LH9766 2350 SO* 605 S0261,856 words
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LOGISTICS
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Article, Illustration760 2002-10-24 42 KAREN CHO - Supply chain visibility and third-party logistics are the buzz phrases of the thriving logistics industry in Singapore and around the world. KAREN CHO reports. KAREN CHO The logistics business has undergone a massive transformation in the last 10 years. So has the concept of supplyPSA CORPORATION LTD - 760 words
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Article, Illustration618 2002-10-24 43 Surendren Apparoo - The development of Jurong Island has upped the ante for companies specialising in chemical logistics. By Surendren Apparoo Oil exports have always figured very highly in Singapore's economy. As a transshipment hub for a variety of petroleum products and other chemicals, the Government has stepped up the618 words
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Article, Illustration584 2002-10-24 44 KAREN CHO - Think the logistics business isn't sexy? KAREN CHO finds out why logistics for performance tours is indeed a very exciting business. KAREN CHO Ever wondered how Ricky Martin, in every one of his sell-out concerts, could shake that bon bon with so much panache? As584 words
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Article, Illustration727 2002-10-24 45 Solomon Lim - TNT has combined its IT and logistics expertise to revolutionise one sector of the biomedical logistics industry. By Solomon Lim Moving medicine around ft TNT Express Worldwide healthy despite a global decline in one of its core logistics industries. And the global express carrier aims to727 words
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Article, Illustration745 2002-10-24 46 LEONG PIK YIN - Local logistics companies have to compete against the big boys in the industry. LEONG PIK YIN finds out how they have managed to hold their own. LEONG PIK YIN Size does not always matter. And a number of local logistics companies sire proof of that. Despite the745 words
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Advertisement18 2002-10-24 33 Many laid off US airline workers still jobless No policy change on large passengers: Virgin Atlantic —1 i18 words
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Advertisement154 2002-10-24 33 wftv WALLENIUS WILHELMSEN £pi\d6»ung wlllllKv if J na Zf V W fa/ Vi \v V lw y V' *4k —>vVI T "nl ASIA-MIDDLE EAST SERVICE ft INTRA-ASIA SERVICE Delivering your cargo in or out of the box Access key market opportunities in Singapore, Thailand, Taiwan, Korea, Japan, China, Saudi Arabia154 words
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Advertisement518 2002-10-24 34 I NORTH AMERICA QULFfINDIA SUB-CONTINENT 1 |SUPER SHUTTLE EXPRESS <SSX) |QULF KARACHI EXTRCS6 (OKX) vot is* r"?ni n& w»a w urn m ooaicwroM Isum ii7ii 11 «wf nomniovinbmm mi 10/10 omt m/io m/w 000 4WMO 10/10 W/11 M/ 11 MO MMIOVB ftMMMI Ml »/10 14/10 M/ 10 01/11 00a KTMBtUMK518 words
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Advertisement547 2002-10-24 34 i i i linm lorvices naprwenlad by Member* oftmßegistryof Member* of tfw Js) Accredited Shipping Agents, Sin 9 a P of Singapore Shaping AMoriation Auobation ULY UNE MALI f rasa vot ru eu na a mm» sfott am Empren Lily 0702 27/10 28/10 05/11 PrinotsUty 0902 16/11 17/11 25/11 Empress547 words
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Advertisement896 2002-10-24 35 TO USA (SAX SERVKE) VPSE* VOY SMETA LAX OAJ( DAL HOU OH CM WM ATI NYC Afl PHILIPPINES o*3l 01/11 15/11 17/11 17/11 17/11 1//H 10/11 17/11 I*/H l»/ll API HOLLAND 112E 06/11 11/11 25/11 25/11 25/11 25/11 26/11 25/11 27/11 27/11 AfIENGLAND 1141 13/11 21/11 02/12 02/12 02/12 02/12896 words
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Advertisement1458 2002-10-24 35 PiRiCT CkLl 10 COSTJUTSHIPPING PTE LTD jSSJI'"' Q NO; **********0 M HOOM4N) MMIID'O: *****704 *****319/40 I BANDAt ABBAS 12 DAYS mun*c man '/»W *****02S ******16/4* I £5?.r.25L m.. CMvomoiuu ******01/050 ******73/73 I conu mb m son no iil 07-353*1** hul ******171 *m/vor vr ms sm qm im imi uai wo1,458 words
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Advertisement506 2002-10-24 35 tMTUIHIMI W073 "l/ll r?! 12/11 14/11 li/ir UUIHUM —NS- i mnumm mom t/]\ iyii lyii if/11 21/11 23/11 uuwum nn 2/11 s/11 ~47iT~ HtIXSAiHUM WOS7 15/11 20/11 21/11 26/11 21/11 30/11 UUSHUM 2tOS 9/11 12/11 13/11 |Wm»HUM N023 |22/ll |27/11 |2>/11 3/12 5/12 7/12 [TiriWUM 2tlS~ 1W ~WU 267TT~ MS506 words
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Advertisement746 2002-10-24 36 MiW/IF HYUNDAI MERCHANT MARINE CO., LTD. Www I—7l.C— q MO. 12Q*****000H iwna vot I sm I i« I t« ani I ha«| Mrjiwssa yoT|M»|uw|w|Mn|HMi|i«v|M NTO6CDYBT 311W M/ll 24/11 10/11 12/11 14/11 Ml KRKXMMQ 004J 04/10 OS/10 20/00 01/10 11/10 APIDQUUM MM 07/11 14/11 M/ 11 M/ll APIMNUM 1021 M/M -01/10746 words
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Advertisement663 2002-10-24 36 W 1 HA! L!HSS INTRODUCING: NEW WEEKLY EXPRESS SERVICE /^jjf HH Weekly Express Tuesday sailing For more details, call HOTLINE: 1800-*****00 or L *****588 gj^SSH Trasa ywr sa m n lcm umwt «rr muexwr s imol/11 STil STH !5f ,J/n i*/n i»/ii in* M/ii 22/ ii a/u 30/11 IH* */n663 words
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Advertisement615 2002-10-24 36 3C9iXAu WEEKLY EXPRESS SAJUNG SCHEDULE ALSO ACCEPTING TO ALi NORTHERN AMP WESTERN ICQ POWTS wssb m m hum CBBBB us** CMBMO bwwwm mww uon uoa nop nocr son mbbicb cis ?ioo goo woo mqct nw iajwsabm tisw aon 310 a cw uwcn mm HSBSIB SO ISO HWH MOW IQMW I3BPT615 words
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Advertisement1072 2002-10-24 37 IVESStI VQY KHH HKO I SIN PKL DXI I~IAS DM Pi* IRAN TEHRAN PCL 252 22/10 23/10 26/10 27/10 03/11 04/11 TTTTI 7577 M.V. UNDAVIA PCI-283 29/10 30/10 02/11 03/11 10/11 11/11 17/11 19/1 IRAN KERMAN PCL 284 04/11 03/11 09/11 10/11 17/11 18/11 24/11 26/1 IRAN ISFAHAN pel 2851,072 words
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Advertisement544 2002-10-24 37 IBHSIB ii UK CONTINENT SERVICE *J| Loadngtor j I ARETE RDM/ATW/BMN/UK/NAN OCEAN JADE RDM/ATW/BMN/UK/NAN MICHAEL S RDM/ATW/BMN/UK/NAN —I OURANIA SMILE RDM/ATW/BMN/UK/NAN M I Loads Sngapore, EVW Malaysia. Indoneaa I MIDDLE-EAST SERVICE Loading for EVERISE GLORY DBl/ABU/DOM/BRN/DMM/KWT KALMA HDO/J DH/AQA/DMT VORI JDH/AQA/DMT/ALG HIGHLAND LIGHT DBI/ABU/DOH/BRN/DMM/KWT m LOK KIRTI DBI/ABU/DOH/BRN/DMM/KWT J Toads544 words
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Advertisement719 2002-10-24 37 Page 5 SSI SM KU VTSSfI VOY CM -MOMBS ma 23/14 ***** "SSuii f?77i PAC lANOI MOW 24j0 7s7To ifn PAC lANDA MOW jT/Ta ,7/.I ZZZlfl 30/10 PSMSA 08TSN ?fro IUII 01/11 71/10 PAC IMIAM H73 03/11 QQ/II TpT yM PJI VTSSEi VOT UN pr OOWKSI MM 105 7/yio "io719 words
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Advertisement163 2002-10-24 38 I LINE Pv—«»!■<»■■■ Q>— Tf Kwr Trak Mggl jU«w» Majw -Ait£ 002 IE 26/10 03/11 12/11 13/11 15/11 _Asir 002 IE 26/10 14/11 20/11 21/11 I*±lL 002 IE ~267T0 17/11 27/11 28/11 30/11 ~027TT~ Asir 002 IE 26/10 18/11 05/12 Hongkong Senotpr 827E 29/10 ~TTJJY OMIT 03/12 05/12 07/12 Senator163 words
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Advertisement288 2002-10-24 38 CWT GLOBEUNK PTE LTD I W OWN OfFICH IN TEL: 62 *****3 (36 LINES) FAX:*****742 m SYDNEY MtLBOURNf PI HANG POUT KILANG PASIR GUDANG KUCHINGBANGKOK KARACHI BOMBAY WW Of LHI COLOMBO HO CHI MINH CITYHAIPHONG HANOI BRfMfN HAMBURG TIANJIN QINGDAO SHANGHAI XIAMfN fUZHOU DALIAN XIAN BtIJING SHI JIA ZHUANG DIRECT288 words
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Advertisement231 2002-10-24 38 MB MYANMA FIVE STAR UNE (M IJ N VKSa VOT SIN PKI KM rati ONN SHWI HAM MW SU> PAGAN V3O4W $10 M MALAYSIA: BOUSTUD SHIPPING AGCNCKS MIL 03-2142/300 PtL 03-*****101 Kit 04-2412*02 BANK LINE (A urvkt #f JUrirtw W«r SWpfiaf) Vf" NORTHBOUND TO EUKOPT" V CWTOUNH, ROW, HULK HUVYUFTS231 words
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Page 40 Miscellaneous
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Miscellaneous127 2002-10-24 40 >\ 4 7AM 24 OCT Wn LEGEND: Issued by Meteorological Services Division, NEA K Thunderstorm Rain Temperature Cp/^ Wjnd <jj rect j on and speed in knots Day Wea,her U Wind?peed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds j j *1 2m127 words
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Advertisement94 2002-10-24 42 T.^ 7 m m m mm m ■m■ t ABX LOGISTIGSOShgapore) Pte Ltd Head Office: ABX LOGISTICS Centre/10 Owi|§Srehstreet 2, Singapore *****6. Tel: (65) 6535 7676 |H|M|M| Fax Sales: (65) 6542 1228, Seafreight: (65) 6542 1194, Management: (65) 6542 1195, Logistics: (65) 6545 2995 Website: http://www.abxlogistics.com Email: INQUlRYOabxlogistics.com.sg HABjm Now94 words
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Advertisement202 2002-10-24 43 Globalisation is making supply chains longer and more complex. The competitive challenge is to make them more effective. Your international logistics experts at P&O Nedlloyd Logistics have four golden rules to enhance your supply chain strategy: Visibility share and use information throughout the chain Agility make your supply chain highly202 words
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Advertisement115 2002-10-24 44 In Asia, trade flows freely. Ever wondered why? cwowth Anrf rtil ur unique understanding of Asia means we can Which is probably why a recent independent study shows trade flowing between one business and another across in Its 1000 has been oart oMhk f m CUs mS cleararK:e simpllfy ,r3de115 words
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Advertisement145 2002-10-24 45 LIB# BE AT THE FOREFRONT OF THE NEW ECONOMY Diploma In Shipping Vplon.. in Logistics M«nagement Management Commences 31#t October 2002 Commences Bth November 2002 Q N nc o ,ev holders •'K '0' level holders SDF 9 rants ava,lab,e SRP, SDF grants available 8,2700 |nsta,ment fa™ available) *****0 (Instalment plans145 words
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Advertisement209 2002-10-24 46 KE"^I| Linked to more than 100 overseas partners. 150 major ports cities in 45 countries Direct computer link to PSA via Portnet Direct computer link to Singapore Customers and Trade Development Board Member of Singapore Logistics Association Member of FIATA Accredited MTO YVorldgate Express Lines Pte Ltd INK Veil Street209 words
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Advertisement43 2002-10-24 46 I PHILI-ORIENT UNES PTE LTD I Accredited Member: 1 MTO FIATA AFFA IMTA /1 ATA lob urn c:• ■ma •usa •cnnnon EUROPE. fHISTRAUfI .m. uinnnm new mum 108, Robinson Road, #07-00 GMG Buliding, Singapore *****0 Tel: 6 *****00 Fax: 6 *****76 Email: main@philiorient.com.sg43 words
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