The Business Times, 30 October 2002
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2002-10-30
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The Business Times
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Title Section15 2002-10-30 1 MITA (P) 010/03/2002 850 THE BUSINESS TIMES SINGAPORE Internet: K:p;//business-times.asial com.sg WEDNESDAY, OCTOBER 30, 200215 words
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Article70 2002-10-30 1 Dsn U«J3 (-28.06) nsriXDBFVTOSB mm mbjo (-20.00) nuunmnß mm urn (-3.30) 81WX MAXXKTIHSSCES Tuesday Change KLSECOMP m* -L84 NIKKEI m &70&?« -48l7S HANG SENG MK87 -J19.0? SET INDEX -147 JAKABTA COMP _*L82 +QU MANILA OOVP .1,046.70 -L» TAIPEI WPI 4JM.1* -4714 SEOUL COMP ***** -4J§ SHENZHEN B 201.9770 words
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Article63 2002-10-30 1 FOKBZIAXBB US* St USS CSS per US$) L772 £(US$/S«per£)_l.HO 2.7W El T BO{USi«&'E). ***** 1.744 YEN 123.6 69.70 RM 1800 1144 HKS 7.799 1401 BAHT 4138 24.48 8UPIAH 9m *203 puniras SINGAPORE* 616 KCALA LUMPUR 140 BONO KONG 6.12a JAKARTA 39.00 TAIPEI ttea TOKYO 1175 SEOUL 956 FRANKFURT U563 words
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1020 2002-10-30 1 George Joseph, Donald Urquhart - US-bonnd backlog at N Asian hubs strains capacity By George Joseph, Donald Urquhart [SINGAPORE] The fallout from the US port strike has yielded a feast for airlines servicing major North Asian aircargo hubs but the resulting indigestion is costing shippers heavily. In Hong Kong,1,020 words
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538 2002-10-30 1 Siow Li Sen - I Income's 'retentive measures' blamed for poor response By Siow Li Sen [SINGAPORE] Any hopes that DBS Bank and United Overseas Bank may have had of winning over NTUC Income's home borrowers are likely to be dashed response to the two banks'538 words
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743 2002-10-30 1 Wong Wei Kong - By' Wong Wei Kong [SINGAPORE] The mergers and acquisitions that have swept Asia in recent years do not always benefit shareholders. But there are exceptions and right up there is DBS Bank's merger with POSBank. Despite being widely panned, the Singapore deal produced the743 words
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Article, Illustration610 2002-10-30 1 Oct level sends stocks tumbling in early trade Reuters, AP [NEW YORK] Worries about jobs and a possible US attack on Iraq pummelled consumer confidence to its lowest level in nine years in October, a report said yesterday, signalling a rough road ahead forReuters,; AP; REUTERS - 610 words
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Advertisement165 2002-10-30 1 IMBIBE BT Comment Larry Woo: Bear signals grow more ominous for US$. Pg 6 Christopher Tan: Mystery of the disappearing COEs. Motoring Pg 20 Top Stories S'pore manufacturers' sentiment worsens sharply: survey. Moxt Pago Keppel will meet forecasts: analysts. Pg4 Hock Lock Stow: Keppel has the last laugh. Pg 4165 words
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Advertisement16 2002-10-30 1 The Big Cargo Crunch Chronology of US port workers' dispute that casts shadow over Asian economies16 words
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ON THE grapevine
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Article122 2002-10-30 2 FIVE invited reporters were barred at the last minute from an important maritime security workshop held in Singapore last Friday, with one physically escorted out apparently at the request of secretive speakers. Folders containing some of the presentation papers were also confiscated by the apologetic organiser, the122 words
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Article87 2002-10-30 2 PUBLIC relations companies are sometimes abused by their clients and the media. But on Sept 25, two Asian firms received recognition at the Platinum PR Awards reception held in New York. Golin/Harris Forrest Hong Kong and Singapore won a Platinum PR Award for the agency's87 words
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498 2002-10-30 2 Audrey Tan - Survey finds half of respondents had considered moving ont operations By< Audrey Tan [SINGAPORE] Business sentiment among manufacturers in Singapore took a nosedive in September, according to a survey by the Singapore Confederation of Industry (SCI). But even more worrying is the finding that nearly498 words
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471 2002-10-30 2 It denies reported decision to suspend land sales Bloomberg [HONG KONG] Hong Kong's government yesterday denied that it has decided to temporarily stop land sales, saying it is considering a number of ways to bolster home prices that have fallen as much asBloomberg - 471 words
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506 2002-10-30 2 Anna Teo - But few managers think highly of GLCs, says survey By, Anna Teo [SINGAPORE] The public sector is a "more likely" source of future outstanding leaders than the corporate sector, according to Singapore managers. For now, though, for-eign-owned multinationals are where strong leaders are506 words
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Advertisement82 2002-10-30 2 fe^AUTHORIT^^^SINGAPOR^^ itts of auction of look-entry Singapore uovemment Bonds to be issued on 1 Nov 2002 Tenor approx. 2 years Total Amount Allotted SGD 1,100,000,000 Amount Allotted to Non-Competitive Applications SGD 68,313,000 Of which allotted to MAS Nil Total Amount Applied SGD 2,938,353,000 Interest/Coupon Rate 4.000% pa. Average Yield Price82 words
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SINGAPORE companies
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387 2002-10-30 3 It'll hire 300 more staff over the next three years DBS Group, which has reduced its headcount by nearly 1,600 over the past year, is planning to boost its staff strength in Hong Kong and China by about 300 in the next three387 words
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263 2002-10-30 3 Vince Chong - Byi Vince Chong JARDINE Matheson unit Dairy Farm International Holdings has no plans to take over Ikea in Singapore after announcing yesterday that it is set to buy the Hong Kong and Taiwan stores for US$27 million from another Jardine unit. Hong263 words
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Article, Illustration760 2002-10-30 3 Ven Sreenivasan - Numbers for UOB, OCBC&lso being revised upwards By Ven Sreenivasan JUST when you thought it was safe to go back in the water they're back. And we're not talking about Jaws. Rather, that's the way analysts feel about DBS Group's huge third-quarter provisions. TheAFP FILE PHOTO - 760 words
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305 2002-10-30 4 Bloomberg ST ASSEMBLY Test Services Ltd, the world's fourth biggest provider of chip testing services, will probably say its third-quarter loss narrowed after sales almost doubled. ST Assembly's loss may have shrunk to U5526.5 million, or 27 US cents an American depositary receipt,Bloomberg - 305 words
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Article, Illustration526 2002-10-30 4 Wong Wei Kong - Strong showing by group's property and offshore and marine divisions By Wong Wei Kong KEPPEL Corporation is on track to meet earnings expectations for the current financial year, say analysts, citing the strong performance of the group's property and offshore and marine divisions. The marine,FILE PHOTO - 526 words
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Article637 2002-10-30 4 angela tan - lock siew angela tan BARELY a year ago, Keppel Corp was criticised for having no more key income-generating core businesses following its high-profile sale of its banking interest Keppel Capital to OCBC Bank. Sceptics said the marinebased giant government-linked conglomerate, widely seen as a mere637 words
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Article, Illustration367 2002-10-30 5 S'pore firm says buyer cannot abort takeover without consulting SIC SOFTWARE packaging house Mentor Media said yesterday the plan by New York-listed Banta Corp to take over Mentor at 60 cents apiece "remains uncertain". And it warned investors to "exercise great caution" once itsSource: Bloomberg - 367 words
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COMPANY Briefs
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Article44 2002-10-30 5 NEW Wave Technologies Ltd said it has terminated its Joint venture agreement with China Railway Communication (Asia Pacific) Pte Ltd. The termination is not expected to have any financial impact on New Wave's performance in the current financial year.44 words
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Article102 2002-10-30 5 SINGAPORE Technologies Engineering has incorporated a wholly-owned subsidiary, Fusion Tech Pte Ltd, with an authorised and a paid-up capital of $50 million and $1 million respectively. The unit will be ST Engg*s investment vehicle for emergent technologies. Fusion Tech has made its first investment in NanoScience102 words
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81 2002-10-30 5 TAIWANESE financial group Yuanta Core Pacific Securities has continued to raise its stake in Kim Eng Ong Asia. Its latest purchase 0f50,000 shares brought its stake to 14.17 per cent. Meanwhile, Kim Eng Ong Asia Holdings Ltd said its dormant wholly-owned subsidiary, Ong81 words
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72 2002-10-30 5 GK GOH Holdings Limited said Ardisia Limited, a joint venture with Technistock, has exercised its right to convert the entire convertible loan sum of US$3.O6 million to 430,000 shares in Technistock. This will raise Ardisia's equity interest in Technistock from 20 per cent to 2572 words
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52 2002-10-30 5 Reuters [JAKARTA] Indonesian auto conglomerate PT Astra International said yesterday it will soon have a rights issue worth US$lOO million to US$l5O million, but probably not before the end of the year. The indebted company is 32 per cent owned by Singapore's Cycle andReuters - 52 words
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Article, Illustration516 2002-10-30 5 Serena Ng - He now owns 9% parcel, while chairman gpllg down his stake By I Serena Ng POPIAH king Sam Goi has emerged as one of the largest shareholders of Serial Systems with a stake of 9.081 per cent stake or 27.4 million shares. Mr Goi's purchases516 words
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Advertisement192 2002-10-30 3 Merc«de»-B«xz is a trademark of Daimleriairysier. ""-v.-'' 'ii V In the future, man will see in the dark. Meanwhile, you can turn night into day with the C-Class. t "i m *> *•> •>■ -P. <> f ■&>■*.■ '^'^.^ei>.^j&ai^t, v Slip behind the wheel of the C-Class darkness that creeps192 words
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Advertisement2909 2002-10-30 4 lAPOWER ASIA POWER CORPORATION LIMITED (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the sttt Annual General Meeting of ASIA POWER CORPORATION LIMfTED w* be held at 168 Robinson Road Let* 9 STI Roan Cental Tow* Singapore *****2 on Monday, 18 November2,909 words
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Advertisement25 2002-10-30 4 Lianhe Zaobao I low-price I I optical shops I I new force in I I Japan's eyewear! I industry I I BiftßfltJS I I I25 words
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Advertisement113 2002-10-30 4 ffl&OUBIU) KBUDGBf JOOi THE SPEAKER: S. THURAJSINGAM ACCA, ACMA. Currently Tax Manager in a locxtl CPA firm. Lecturer for British Tax and Singapore Tax for Final V Year Business Accounting Programs. Place Winner for W ACCA Tax Planning and Tax Framework papers. I TOtuf ifuudd ytujL attend? I Why pay113 words
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Advertisement101 2002-10-30 5 jflwll Since 1975 our worldwide staff of BPi ovcr 275 multi-disciplined professionals I V > fig including lawyers, chartered accountants A chartered secretaries and bankers have b provided confidential and cost effective g company formation in all the major low Incorporation Fees from USSSOO The world's Full professional after sales101 words
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Advertisement50 2002-10-30 5 S .{>i Are you up for the challenge? i u "7 P yt your Corporate Stamina to the test in The Standard Chartered Singapore Marathon Win six air tickets to Hong Kong A Win cash prizes P Standard Chartered SINGAPORE oCUO MARATHON^X^ Sunday, 8 December 2002 Sign up toda www.singaporemarathon.com50 words
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SINGAPORE markets
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Article, Illustration303 2002-10-30 6 OTHER SINGAPORE INDICES Oct 29 VALUE CLOSE ■TOM* 350.00 -371.00 ®T CAM -*****.00 -156.00 VT 10-4«y MA -*****.00 +35.00 Aft-SG EqiribM 380.53 -6.55 KrpMiiEhd 119.65 -2.78 SGEqaHMFta -33.22 W T*Mm hip 350.56 -5.24 WOftippw 179.96 -3.65 SNOMra 180.90 -3.30 CWra*9 2.5c 17.B49.000 Tar*mZhong..„ 12.091.000 Europtroo 10c 11.056.000 Chart SemiCond 26c303 words
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Article, Illustration822 2002-10-30 6 larry wee - US$ nosedives > breaches key supports in yen, S$ Mlonqer view CURRENCIES larry wee AFTER Monday's spirited rally, the US dollar reversed course sharply yesterday, reinforcing worries that it's heading south again. Shorter-term players complained yesterday that they had been forced out of short US dollar positions against both the822 words
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Article, Illustration752 2002-10-30 6 r. sivanithy - rTlcomment STOCKS r. sivanithy CALL it what you like misplaced positivism, faith in momentum trading or even irrational exuberance. Despite the Straits Times Index dropping 28.06 points to 1,449.93 yesterday, and the advance-decline score reading 56-231, there was still a palpable, if752 words
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Article2819 2002-10-30 6 UNIT TRUSTS FUNDS Com Global Travel index Ed 0.652/ Com S'pore Bond Fund/* 1.06W AIM Am Aaaet Mgt (S'por.) CraA Agrtcat* Aaat Mgt S'pore Ltd Star Europe Eqty!** 0.60V mdocam Asia Vision' 0.771/0.811 Star Europe 8d 1 068/ Star EuropeBai 0.819/ DtS Aaaet Mgt Star Asian Tiger Eqty 0 675/2,819 words
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SINGAPORE news
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316 2002-10-30 7 Wong Wei Kong - But change is shallow despite growth in official codes By Wong Wei Kong THE standard of corporate governance in Asia has improved, but irauor issues still remain to be tackled. This is the assessment of the Asian Corporate Governance Association (ACGA) ahead of a316 words
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Article, Illustration208 2002-10-30 7 SIX weeks since the official launch of the Singapore Million Dollar Duck Race, the annual charity drive has already raised 70 per cent of its target amount of $1 million, said organisers yesterday. The two-month-long drive is back for the fifth yearST FILE PHOTO - 208 words
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398 2002-10-30 7 Andrea Tan - P=M 3 on the economy industrial space By Andrea Tan JTC Corp's ready-built facilities put up a mixed performance in the third quarter. Gross allocation of ready-built space improved 39 per cent to 64,087 square metres, with strong gains in the business398 words
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Article, Illustration386 2002-10-30 7 Vince Chong - Online tie-up starts in Q3 2003; target is USslb extra turnover by 2005 By' Vince Chong JAPAN'S largest travel firm, JTB Corporation, has chosen a non-Japanese partner to maximise the potential of its online travel reservation system to draw386 words
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Advertisement35 2002-10-30 7 A SUPERB INTERNATIONAL f CONNECTION BY 002 i r^—- V3S\ SUPERB ly HANDLING BY BMW J %^Br i v i i J (mvq For office, home and mobile lines. Call 1627 for free registration today.35 words
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EDITORIAL & opinion
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Article, Illustration798 2002-10-30 8 anthony rowley - hm:i=i I bottom line OPINION anthony rowley The writer is BT's Tokyo correspondent BEFORE this weekend, the immediate fate of Japan's banking system will have been decided Yet even now it is far from clear how the long saga of mounting bad debts, deteriorating798 words
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Article88 2002-10-30 8 'It's false that stocks are safe in the long term. You wouldn't find a single prof who would support this idea in court' -XviMie a professor of finance at Boston University, who has concluded that it's misleading to average the best and worst years of the market88 words
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Article608 2002-10-30 8 EDITORIAL THE government has indicated it might cut its growth forecast for the Singapore economy this year, which currently stands at 3-4 per cent In the light of recent developments, such a revision would be prudent The revision (which analysts expect will result in a forecast608 words
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Article, Illustration923 2002-10-30 8 Paul Samuelson - A strong recovery for the US economy isn't in sight yet. Indeed, if it should begin to spotter in early 2003, that would dampen prospects just abont everywhere else too By] Paul Samuelson The writer is a professor of economics at theAFP - 923 words
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162 2002-10-30 8 Denis Distant Singapore - Denis Distant Singapore MANY companies which are incorporated in Bermuda, but listed on the Singapore Exchange, hold their AGM/EGM in Singapore, with the directors usually flying in from Hong Kong, where they are based. It is inexplicable, then, to read the announcement162 words
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Article184 2002-10-30 8 Leong Sze Hian Singapore - MAILIiEffI Leong Sze Hian Singapore I RECEIVE calls on my handphone and faxes every day from various organisations trying to market all kinds of products and services. Every phone call is 20 cents, and each fax is about 5 cents. Besides suffering the inconvenience, 1184 words
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Article140 2002-10-30 8 Irene Wee - Irene Wee Manager Customer Relations/ Corporate Communications AXA Insurance Singapore Pte Ltd WE refer to your report "When travel insurance is no cover" (BT, Oct 23). The statement that in Singapore, all general insurance plans of which travel insurance is a type taken out from140 words
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SINGAPORE news
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Article, Illustration538 2002-10-30 9 Audrey Tan - Legislative framework and necessary funding already in place By Audrey Tan WITH the legislative framework and the necessary funding in place for stem cell research, the next step for Singapore is to get the scientists and researchers in, participants atPRUDENCIO MIEL JR/ST - 538 words
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222 2002-10-30 9 THE general economic gloom may have hit biotechnology companies in the US, but the Biotechnology Industry Organisation (BIO) wants to convince them that there are opportunities to be had in Asia. The umbrella group for some 1,150 biotech companies in the US is222 words
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267 2002-10-30 9 DEPUTY Prime Minister Lee Hsien Loong yesterday announced two new schemes to promote cultural philanthropy which will take effect from Jan 1. The first is the Approved Museum Scheme, which extends double tax-deduction for artefact donations to organisations other than Singapore's national museums.267 words
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444 2002-10-30 9 S'pore goes for self-sufficiency while HE *iign« with China Reuters [SINGAPORE] Like rival siblings who go their separate ways. Hong Kong and Singapore are charting diametrically opposite courses in their quest to remain Asia's twin jewels. While Hong Kong is integratingReuters - 444 words
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Advertisement347 2002-10-30 9 For the third time in a row, an A. Lange Sohne Here's why: wins the "Technological Excellence" award. The readers of the prestigious The self-winding Calibre L 922.1 "Uhren-Magazin* have cast f J"SAX-04AAT" movement is yet their votes: When they chose M mmm another demonstration of how "The world's finest347 words
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REGIONAL news
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318 2002-10-30 10 BANGKOK Government may change investment laws for giving too much power to foreigners AFP THAILAND'S government is to consider changing investment laws introduced after the 1997 economic crisis which critics say have put too much power in the hands of foreigners. Pakit Pattanakul,AFP - 318 words
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Article, Illustration247 2002-10-30 10 BANGKOK AFP. Bloomberg BRITAIN yesterday identified Thailand's resort island of Phuket as a possible terrorist target, mentioning the popular destination specifically in an updated travel advisory for its citizens. The advisory warned that "the threat to British nationals in Thailand, including popular touristAFP.; Bloomberg; REUTERS FILE PHOTO - 247 words
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323 2002-10-30 10 Diana Oon Abdullah - Firms missed deadline for completing revamps From] Diana Oon Abdullah in Kuala Lumpur CLOSE to 100 companies could face enforcement action by the Kuala Lumpur Stock Exchange (KLSE) in January for failing to complete their financial restructuring by the Dec 31, 2002, deadline,323 words
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238 2002-10-30 10 KUALA LUMPUR AFP ENGINEERING work has begun on Malaysia's controversial Bakun Hydroelectric Dam project, a finance ministry official said yesterday. Hashim Ismail, finance ministry parliamentary secretary, was quoted by Bernama news agency as telling lawmakers the civil work started on Oct 8 andAFP - 238 words
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NOTE Book
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62 2002-10-30 10 Bloomberg [KUALA LUMPUR] YTL Corp, Malaysia's biggest builder by market value, said one of its units has been invited to bid for the UK's Midlands Electricity. Earlier this month, E.ON AG's Powergen unit applied to the UK government for permission to bid forBloomberg - 62 words
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97 2002-10-30 10 Bernama KL ALA LUMPUR] AmMerchant Bank Bhd, in an independent advice to minority shareholders, says that various resolutions being proposed by Malaysian Airline System Bhd are in the best interest of the national airline and that they should vote in favour of them. TheBernama - 97 words
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Article70 2002-10-30 10 AFP [BANGKOK] Thailand's economy grew by 5.5 per cent in the third quarter, pushing the full-year forecast to the high end of the 4.0-4.5 per cent range tipped for 2002, the National Economic and Social Development Board secretary-general Chakramon Phasukvanich said yesterday. He saidAFP - 70 words
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82 2002-10-30 10 Bernama [KUALA LUMPUR] The German government said yesterday it did not advise its citizens to avoid Malaysia as a destination although it did recommend those travelling to the country to exercise caution following incidents of suspected terrorist attacks in the region. "Recant terrorist attacks inBernama - 82 words
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Article70 2002-10-30 10 Bernama [KUALA LUMPUR] Property holding company Damansara Indah has surfaced as the white knight for Promet Bhd, with a plan which involves a restructuring scheme and injection of assets to buoy the latter out of its financial problem, Promet said. Yesterday Promet entered into aBernama - 70 words
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Article, Illustration421 2002-10-30 11 JAKARTA Draft document calls for death sentence, detention without trial Bloomberg AFP, THE Indonesian government will soon submit to parliament a draft anti-ter-rorism bill to replace emergency regulations issued after the Bali bomb attack, an official said yesterday. "The bill is now awaiting approvalBloomberg; AFP,; REUTERS - 421 words
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Article, Illustration301 2002-10-30 11 HONGKONG They have taken several boxes of documents report Reuters HONG KONG police have raided the offices of Chinese orchid exporter Euro-Asia Agricultural (Holdings) Co Ltd, whose chairman, Yang Bin, has been put under house arrest in China, the Hong Kong EconomicReuters - 301 words
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232 2002-10-30 11 MANILA Reuters PHILIPPINE National Treasurer Sergio Edeza yesterday said that a move by Standard Poor's to downgrade its ratings outlook may prompt the government to delay foreign borrowings for the rest of this year. "We have to assess the market, how much wideningReuters - 232 words
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Article330 2002-10-30 11 HONGKONG Bloomberg CHINA Telecommunications Corp told Hong Kong phone companies they must pay at least eight times more from Friday to connect international calls to networks run by China's biggest phone operator. China Telecom, in a letter to phone companies obtained by Bloomberg News, saidBloomberg - 330 words
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544 2002-10-30 12 BAMKDTG OM CHDfA Bejjing also reviewing 2 Chinese banks' bids to open in Taiwan Reuters [BEIJING] Banking ties between China and rival Taiwan nudged closer yesterday as Beijing's central bank said it expected to soon approve applications from three ofReuters - 544 words
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Article, Illustration401 2002-10-30 12 BEIJING Bloomberg, AFP CHINA'S banks, where over two-fifths of loans may go bad, are fragile and challenged by increasing competition and liberalisation, Moody's Investors Service said in a report. Progress in reform of the system crucial to China's transition to a market economyBloomberg,; AFP; REUTERS - 401 words
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298 2002-10-30 12 BANGKOK Bloomberg STANDARD Chartered pic said it plans to open a rail centre in China, as the UK bank that makes two-thirds of its profit in Asia expands its business in the world's most populous nation. The lender said it benefitted from itsBloomberg - 298 words
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86 2002-10-30 12 Bloomberg [SEOUL] Kookmin Bank, South Korea's largest lender, said it is seeking a partner from Taiwan, Hong Kong or Singapore to expand into China. Kookmin chief executive Kim Jung Tae told reporters yesterday: "We're seeking to focus on what we do best. ThatBloomberg - 86 words
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ASIA Notes
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Article72 2002-10-30 12 Reuters (TAIPEI] Taiwan's bad cheque ratio, in terms of the number of cheques written, fell to 0.57 per cent in September from August's 058 per cent, the central bank said yesterday. But in terms of value, the ratio rose to 050 per cent from August'sReuters - 72 words
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Article74 2002-10-30 12 Bloomberg [TAIPEI] Taiwan computer maker Acer Inc said it turned to a profit in the third quarter after merging with its distribution unit and spinning off its manufacturing businesses. Acer said net income in the three months ended Sept 30 was NT$523 millionBloomberg - 74 words
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61 2002-10-30 12 Bloomberg [HSINCHU, Taiwan] Macronix International Co, Taiwan's biggest maker of memory chips for electronic games, had its fourth quarterly loss in a row as sales declined. Macronix turned to a third-quarter net loss ofNT$2.l billion (*****.6 million) from net income ofNT$36.l million a year ago.Bloomberg - 61 words
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70 2002-10-30 12 Bloomberg [TAIPEI] Formosa Plastics Corp, the flagship of Taiwan's largest industrial group, posted an 18 per cent drop in third-quarto- profit Net income at the maker of polyvinyl chloride, a chemical used in plastic pipes, fell to NTsl-97 billion (Ssloo million) from NTs2.4l billionBloomberg - 70 words
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Article60 2002-10-30 12 Reuters [TAIPEI] The main Taiwan Stock Exchange (TSE) and Britain's FTSE jointly introduced a new index yesterday that is designed to create a benchmark for future index tracking ftmds, boost turnover and provide new investment tools. The Taiwan SO Index is baaedon the weightings of 50Reuters - 60 words
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Advertisement384 2002-10-30 10 ni77l TTTTj |T|| Ifliffilf i. <1 WJc <<v ■ll^iTtvSßM^^Hv^ ■Bw K Baflu\f TV Wmim TCV*^^l ■UHr^PV^'^^lraCvni fc- J jiT tw^W^E m JHH WBAVHI. In PV> .IE K jv JPH nF TuK^nTtflkV^^HLil ilAx T |gn_- V9F^^■^h JW^jl 'IVM. Wwl^H V Ji iv «i, i ■TjHKmi AM« I^^KIIHW'JWI^^ I SmKli^Jb u ,«-IMhh384 words
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Advertisement173 2002-10-30 11 V J;••-*/.. *1 .'JP'. < 11 V -'"-iV* J Shipping with UPS equals peace of mind That's because, at UPS, we can notify you the moment your package has been signed for. By SMS E-mail. Or the world wide web. Instantly. Whether you are at home, or in the office173 words
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Advertisement1933 2002-10-30 12 INCHEM HOLDINGS INTERNATIONAL LIMITED (Incorporate in the Republic of Singapore) INCHCM %o+rmCwmup NOTICE IS HEREBY GIVEN that the Third Annual General Meeting of the Company will be held at 26 Ayer Rajah Crescent #07-01, Singapore *****4 on Friday, the 15th day of November 2002 at 10.00 а.m. for the purpose1,933 words
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Advertisement29 2002-10-30 12 We've MADE a HAUL! Share the good news with your shareholders. Releasing a financial statement? Can 1800-*****22 o< email: Recruitesotuomsg to DoOfc yoj' Notices Hert sement n our no*.29 words
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Advertisement408 2002-10-30 12 NOTICE TO CREDITORS AND CONTRIBUTORIES Of INTENTION TO APfIY FOR RELEASE SEMITRON SCIENCE ft TECHNOLOGIES PTE LTD COMPANIES WINDING UP NO. *****7 OF 2003 Toko notice that I. the undersigned Liquidator of Ihe obovenomed compony, inland to apply to Court (or my rtltoit, dissolution of die Company under Section 275408 words
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Advertisement175 2002-10-30 12 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF 1) AKT INVESTMENT PTE LTD 2) SMIEC REGIONAL (S) PTE LTD (la MtMm' Nolutmri Lkpsidaboa) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN punuant to Section 308 of the Companies Act, Cap. 50 thai a Eiaal175 words
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Advertisement310 2002-10-30 12 IN THE MATTER Of THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF GASI TRAVEL AGENCY PTE LTD (In Members' Voluntary Liquidation) At an Eskoordmory General Meeting of Ihe Members of GASI TRAVEL AGENCY PTE LTD duly commned and held on Ihe 22nd day of October 2002, die folowing310 words
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REGION world
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Article, Illustration566 2002-10-30 13 TOKYO Move expected to soften impact of Takenaka's plan to cleanse banks expected today Bloomberg. Reuters JAPAN'S banking regulator is preparing tax changes to encourage banks to clean more than US$4OO billion of bad loans, moves that may ease the impact of planned changesBloomberg.; Reuters; AP - 566 words
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426 2002-10-30 13 MUMBAI Bloomberg INDIA'S central bank cut key interest rates to boost the economy by lowering companies' borrowing costs, after drought in a third of the country prompted it to trim its full-year growth forecast. The Reserve Bank of India reduced the bank rate,Bloomberg - 426 words
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247 2002-10-30 13 BEIJING Sate expected to increase further by year-end Bloomberg CHINA'S urban jobless rate rose to 3.9 per cent last month from 3.6 per cent at the end of last year, and the government said the rate will probably increase more by year-endBloomberg - 247 words
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361 2002-10-30 13 TOKYO Mitsubishi Elec profit down 54% to 5.92b yen in Q2 Reuters FUJITSU Ltd, Japan's biggest computer maker, yesterday said it would stay in the red this business year as the protracted IT slump spurred further costly job cuts and saddledReuters - 361 words
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Article, Illustration1095 2002-10-30 14 Transaction date: Oct 29 IMTEEBAMKCBois EATES C$ «■> Euro HK$ Wli fcjKfc Tw 9m H lg Wb hio 5$ tod Sfr W7$ 8a*t Pond US$ Austria 0.872 4.641 0.568 4J62 27.062 ***** 1C9I 6JM 2.125 1142 32.985 29.741 0.991 5.630 0.832 19 484 24.257 0 359 0 559 CtnmU1,095 words
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WORLD news
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Article, Illustration493 2002-10-30 14 BRUSSELS It seeks a new name and a bigger voice for its 445 m citizens in 25 states NYT A DRAFT constitution for an enlarged European Union was unveiled on Monday, pointing the way towards creating a greater European presence on the worldNYT; APP - 493 words
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274 2002-10-30 14 LONDON Move comes after two leaders' heated exchange over firm subsidy at EU meeting report AFP FRENCH President Jacques Chirac has called off an Anglo-French summit planned for December, British newspapers said yesterday, in the wake of what press reports described as the mostAFP - 274 words
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424 2002-10-30 15 NEW YORK It says 'accounting change' will not affect operations NYT QWEST Communications International said on Monday it would write down the reported value of its assets by US$34.B billion, an accounting change that wipes out the book value of shareholders' equity inNYT - 424 words
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Article, Illustration233 2002-10-30 15 PARIS Reuters, Bloomberg A PARIS prosecutor has opened a preliminary inquiry into alleged balance sheet irregularities and misleading communications at Vivendi Universal when Jean-Marie Messier was chairman of the media group. The move comes after an association of small shareholders lodged a formal complaintReuters,; Bloomberg - 233 words
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WORLD Watch
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51 2002-10-30 15 Bloomberg [NEW YORK] Citigroup Inc's planned US$4.9 billion purchase of Golden State Bancorp, the second largest US thrift, was approved by the US Federal Reserve in a 7-0 vote. It overruled objections from community activists that allegations of abusive lending practices disqualified Citigroup from theBloomberg - 51 words
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Article57 2002-10-30 15 Bloomberg [LONDON] The Financial Accounting Standards Board, which sets US accounting rules, and the International Accounting Standards Board in London are formally moving toward trying to limit discrepancies in auditing rules. They expect to identify "some and perhaps all" of the differences in a draftBloomberg - 57 words
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46 2002-10-30 15 Bloomberg [FRANKFURT] Deutsche Bank is close to selling its securities lending and record-keeping business to State Street Corp for US$l.4 billion, people familiar with the talks said. A sale would make State Street the world's biggest custodian of assets. BloombergBloomberg - 46 words
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68 2002-10-30 15 Reuters [NEW YORK] The Nasdaq Stock Market on Monday reported a jump in third-quarter net income on lower expenses and said it is in the process of cutting its staff by 7 per cent to 10 per cent Net income of US$l2.7 million,Reuters - 68 words
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Article66 2002-10-30 15 Reuters [LONDON] AOL Time Warner chairman Steve Case has suggested to senior executives that the company could spin off its America Online unit, the Wall Street Journal said in its online edition yesterday. It said Mr Case had been toying with the idea of spinningReuters - 66 words
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Article467 2002-10-30 15 TOKYO Industry group says growth likely to be 16% instead of 21% forecast earlier Reuters Bloomberg. A KEY industry group cut its growth forecast yesterday for global semiconductor demand in 2003, as a dull economy slowed the pace of recovery from last year's recordReuters; Bloomberg. - 467 words
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Article, Illustration312 2002-10-30 15 FRANKFURT Reuters US industrial conglomerate General Electric Co expects slower growth next year than the last few years due to the state of the world economy. "I think we would need an extraordinarily strong economy in order to achieve double-digit growth in 2003," GEReuters - 312 words
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Article, Illustration468 2002-10-30 18 CHARLOTTE, North Carolina Executives can only (fit twice their salary, bonus unless shareholders live nod Bloomberg BANK of America Corp will restrict the severance pay offered to departing executives. The decision follows the demands of shareholders, including a union, the InternationalBloomberg; BLOOMBERG - 468 words
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370 2002-10-30 18 NEW YORK Annnal targets used to determine jnnior lawyers' bonuses ASSOCIATES working for Clifford Chance in Europe are given specific annual client billing targets, the world's biggest law firm admitted on Monday, the Financial Times said yesterday. In London, junior lawyers are expected370 words
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364 2002-10-30 18 TOKYO Bloomberg. Reuters MORGAN Stanley, the world's second-biggest securities firm by capital, expects US regulators to impose a new business model on the industry within two weeks to settle allegations that research is biased in favour of investment banking clients. "Financial servicesBloomberg.; Reuters - 364 words
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Article1424 2002-10-30 14 8I00M PPTURBS p## •SSHScortiAt) aw WaiHw jjjjg* Nov 02 M450 02 147.00 J" 03 M7.75 -11 F*03 147.75 VMBM 0p» an 02 8125 «H OK 02 8125 8325 8125 286 MP £03 8X75 82.75 8100 490 flf »03 8175 82.75 8100 490 TS8200ficMtiAi) Mm Ittil m u» stt ww)1,424 words
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Page 15 Advertisements
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Advertisement30 2002-10-30 15 t&L" tJ& Ad 8 k?m DC i P^HH CHEW CHEONG WATCH TEL: 6734 5096/6734 8461/6787 1703 PRECIOUS TIME TEL: 6538 3008/6821 1108 WATCHES OF SWITZERLAND TEL: 6737 3708/6734 0928/6735 541530 words
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Page 16 Advertisements
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Advertisement15 2002-10-30 16 r V r --K'i .0. s.M 'S m* t- =::V? W r^S \S:% J4%|H^^^^^H www.adminservice.gov.sg15 words
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Article4585 2002-10-30 17 Transaction date: Oct 29 HONG KONG HKRM1 (32 -006 1073 Vol Hong Kong Electric 11 50 0 30 1384 m ♦<- W Hongkong Chinese 0S4 unch JO2 Hongkong Chinese Ltd 0 54 unch 302 Alpha General 0.02 unch 5010 Hopewell Holdings 4.55 0 05 371 AnandaWingOn 002 unch4,585 words
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Article2318 2002-10-30 17 Transaction date: Oct 29 KUALA LUMPUR £2ET 4NM¥ J J5 "?5 21 Vol FS8M 185 unch 0 MM C000) FW Industries A16 unch 0 Gadang At* 0 06 41 AAMRealty .0.84 -0.01 10 Gamuda 5-60 unch 263 Abric 1.05 inch 23 GanadCorp „A74 -001 5 ACP Industries 291 unch2,318 words
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Article823 2002-10-30 17 Transaction date: Oct 29 w o— 0—a »Mfc— m om amm CMC 045 3480 *0.010 Nat5tMt 50c 0 44 2050 *0 060 CapttaLand 1.20 1.270 -0050 OCBC 9.36 ***** -0100 Chart SamrCond 26c 0 73 0910 -0030 OUC 0 52 6 150 <0.050 City Dm 50c 2 05 4.7(0823 words
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Article552 2002-10-30 17 BONDS WARRANTS LM Vol Cm* Inr to 'A j* *«r- (•—> totto Prto li uf| A5T1 W*****1 17.S 1 16 103 094 Acma Ltd W)4i 116 2 unch SO 1 SO 643 3S0 25 Amtefc W*****0 .71 25 170 1 33 1.46 32 AnWrong W*****0 1 1 10 69 6.50552 words
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Page 17 Advertisements
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Advertisement18 2002-10-30 17 Keep warm. Keep away blisters. Keep playing. Whatever your needs, rely on Lianhe Zaobao Classified to meet them.18 words
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Page 18 Advertisements
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Advertisement347 2002-10-30 18 I »3 J?l, 02 09 I^l HH IVOV NOV NOV NOV I NOV NOV NOV I BWfi(Fri) Sl* A (Sat) g)Bß(Sun)| MWH(Fri) MWA(Sat) BHtj(Sun)H ■■■iINH1(11 NRi MPH Wea,th D,Y Reading a Feng Shui |B HUI OLJI II Management Feng Shui person's for your |H dnUI fo fY® ar character Home347 words
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Page 18 Miscellaneous
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Miscellaneous247 2002-10-30 18 UKVFTIC CROSSWORD ACROSS 9uard W in ceep waters remains C7\ 9 P 9 f- abadto,tohoWback 8 Payingftilighting (B) 10 Fancies turning aside (5) 14 £^£5T may 1)6 unex 16 People taking in cameras for pected (6) repair 9) 12 iS rent6d and 17 Chaff is harmful to those of io247 words
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Article4161 2002-10-30 19 Transaction date: Oct 29 for live prices, log on to wunvxtsiaonemarketscom a A %ra ABNAmroNLG 56c 9 .11 w 'J W* <OS 3931 17 15.5 15 5 !i AP8 Bfowcri® 480 480 488 23 8 J i c 07 n««<: S Jg S 1442 10 5 30 <?4,161 words
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Article43 2002-10-30 19 -*3=— a iT t- s ***** 7J10 Diamonds USB2SO *0 JWO 5 OJ US Tech US2700odcd 575 SB ISMSOSporc USSSScdod "■0 (HO ISS4PSOO US8270cdcd- 117S0 VK SmS USB280 ,BS STItniOC M57 J1 2 1490 1457 1457 14fo I I I I43 words
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Article680 2002-10-30 19 ■aS-—s= a a a.-; 225 9 AMHUgiSc 13 11 ,»c 145 li APCMSc 17cd m* 10 i» ,7 «c J51 515 14 AS Auto 10c 20? 3 205 JO J 5 15 m ,0 7 21 "2 »i S 5 S 52 23 4 AunMroSc MS OS 1*680 words
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Article190 2002-10-30 19 a w. rSi ,r.-aya,-s a** US 15 unit. 11 «5 «5 (9 40 34 113 190.5 265 2.1 74 6 HXU n 45 21 IT* 0 MO u II J ***** 2 7* 44 4U 1724 U$/x5 Ill JI mi 5 115 ?jr*|T2"£ ""f? 0 5 '224 Its190 words
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Page 19 Advertisements
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Advertisement49 2002-10-30 19 w \f I I I Motors East Coast Centre. While you ie away, your BMW Ififeii. wi unc,er 9° a though check-up and clean-up. By the «Vll ft timo you it will be ready for take-off. To check in. call 6319 0838 at least a day before your departure49 words
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BT motoring
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341 2002-10-30 20 Christopher Tan - -idexclusive Banning parallel to CTE, it's likely to link Upper Thomson area to city Byi Christopher Tan MOTORISTS frustrated with the Central Expressway (CTE) especially during evening peak hours, heading north will eventually have an alternative. The government is planning another major highway that341 words
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Article, Illustration282 2002-10-30 20 ADVICE from a geomancer has led to an 18-month delay in the opening of Audi's multi-million-dollar showroom in Kampong Übi touted to be among the largest in Asia. The 35,000 sq ft leasehold complex, which supposedly has cost Audi distributor Premium Automobiles $15FILE PHOTO - 282 words
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Article, Illustration664 2002-10-30 20 christopher tan - 11 comment MOTORING LTA's 20% cap falls to tell the whole story christopher tan THE Land Transport Authority is usually an admirably straightforward government body. It has seldom flinched from telling the whole story, even when it is less than pleasant for it to do664 words
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Article, Illustration303 2002-10-30 20 Christopher Tan - Bat LTA is unable to trace oldest licence plates AU reports by Christopher Tan MORE than 100 cars here carry "S" number plates a series that dates back to the *****, according to the Land Transport Authority. Responding to a query from BT, LTAFILE PHOTO - 303 words
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BUMPER to BUMPER
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223 2002-10-30 20 AUDI has roped in an old partner to boost sales in Japan. The German company, a unit of Volkswagen Group, has set up a joint venture with prominent car dealer Yanase Co a specialist in imported Continental makes and probably the biggest Mercedes retailer223 words
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Article132 2002-10-30 20 THE Segway Human Transporter may have a harder time taking off than millionaire-inventor Dean Knwwm envisioned. While lobbying in many US states is under way for the self-propelling, self-balancing scooter to be used on sidewalks, UK legislators have apparently classified it as a vehicle.132 words
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Article, Illustration143 2002-10-30 20 GENERAL Motors says its South Korean venture, GM Daewoo Auto Technology, is talking with a Chinese partner about selling cars in China and is looking for opportunities in Japan. "We intend to leverage, to use the GM family, especially in China,* Nick Reilly,REUTERS - 143 words
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105 2002-10-30 20 FORD Motor will support its tie-in to MGM's James Bond film Die Another Day with an estimated US$lO million global TV and print campaign, according to an Automotive News report. A US TV spot which started screening on Oct 21 shows Ford's105 words
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Article234 2002-10-30 20 Christopher Tan - Compiled by I Christopher Tan FORMULA One bosses have made it harder for Michael Schumacher to win an unprecedented sixth title next year. Schumacher equalled Juan Manuel Fangio's record of five titles with six rounds remaining this year in a record-breaking season of 11 wins.234 words
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Page 20 Advertisements
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Advertisement866 2002-10-30 20 NOTICE OF ANNUAL GENERAL MEETING Sim Slang Choon Ltd (Incorporated in Singapore) NOTICE IS HEREBY GIVEN that the 2002 Annual General Meeting of the shareholders of the Company will be held on Wednesday, 20 November 2002 at 21 Changi South Avenue 2 Sim Siang Choon Building Singapore *****0 at 11.00866 words
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Advertisement13 2002-10-30 20 For tbi Mut opia market valm rates of pimnf cars, go to Mtpv7app.iateraatgov^scH|its/Ha/3_2_oMVjttp13 words
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PERSONAL investment
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Article, Illustration991 2002-10-30 21 JOSEPH CHONG - Deflation is a real threat today, and likely to be the norm with open markets. JOSEPH CHONG has a few suggestions as to how Singapore can deal with it JOSEPH CHONG THESE are indeed confusing times. Despite ample liquidity and low nominal interest rates, global stockREUTERS; Source: OECO - 991 words
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871 2002-10-30 21 Robert Halili - Total Automation fchairum sells out; bullish buying in Seksun, Unisteel; bearish moves on ST Eng& Venture By Robert Halili The writer is managing director of Asia Insider BUYING slowed while sellers were more active for the five trading days to Oct 28.871 words
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Page 21 Advertisements
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Advertisement133 2002-10-30 21 Where to wine, dine and entertain... "S "East Meets West" /f Buffet Hi-tea Every Saturday, Sunday Soft h Public Holiday at CaMVanda 11V/ 12.00pm -4.30pm Adult $14.80*** (CsfAW> V Child 10.00+ (4-12yrs) Tea favourites Include Mm Sum, Satay, Laksa, Roiak, Chicken Pie and morel Popular desserts Uke Chendol and Homemade133 words
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Advertisement148 2002-10-30 21 esoH VEGEtARJAn Ilon-VEGEtAIUAn lllEnvs Available At pncM ore wbfKMd to 10* vwvkb cKotg. IX cms 4 3* GST 2 Stadium WoA #01-04 Indoor Stadium Singapore *****1 (Cor Park E (or easy access) Tel: 6345 4466 Fax 6344 5344 deductedirom the bill. ftot valid with any other dis- j count, voucher148 words
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Advertisement89 2002-10-30 21 Temptation abounds at our excellent lunch spread featuring Smoked Salmon. Garoupa, Tuna Loin, Sushi, MakJ. Seafood. Meat and local favourites. AUGUST SPECIAL Popular Singapore Hawker Food Corner featuring Chicken Wee. Bak Kut Teh. Claypot Curry Fish Head and Laksa. Monday Friday $23 per adult. JI4 per child Saturday, Sunday A89 words
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Advertisement64 2002-10-30 21 M iiiii ■HPii CALL: 625M7771 T-^P With FREE Choice of One Coftec/Tea/Soft Drinks or Chin Chow HAINANESE CHICKEN RICE I NASI GORENG'ISTIMEWA CHICKEN CURRY CANTONESE BEEF HOR WESTERN SET @$9.Bo+++ MlrjM wA Its Tiger Danf^H Mug#s4.oo nett «k}i Km^^H Jng©sls.oo net! eacti HIHH For enqumes, call us at 6430 411964 words
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Advertisement81 2002-10-30 21 Hi* Mariners tgorner Restaurant sincc 1984 A American Breakfast a* $5.50 vVeekdoys Set Lunch from $7.50+ vVeekend Public Holiday Set Lunch from $9.80+ |Ej (Including all- Yoc-Can Eat buffet Salad! H *A La Cat tc Set Meals" from $16.50+ (Including alt Ycu Con Eat buffi't Salad) DIAN XIN ATTHE NEPTIINi81 words
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EXECUTIVE money
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Article, Illustration1479 2002-10-30 22 GENEVIEVE CUA - GENEVIEVE CUA sniffs out two major changes set to hit critical illness cover from next year GENEVIEVE CUA DO YOU know exactly what critical illnesses you're covered for in your insurance plan? Critical illness plans are normally packaged with traditional whole life or even term insurance plans. AsSource: GeneralCologne Re - 1,479 words
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807 2002-10-30 22 Genevieve Cua - By Genevieve Cua WOMEN appear to be far more likely to claim on their dread disease plans than men, particularly in the 30 to 59-year-old age bands. Based on living assurance claims rates obtained from a major insurer for nine months last year, women807 words
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Page 22 Advertisements
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Advertisement10 2002-10-30 22 RVP&TN 29 0 ORCHARD ROAD, SINGAPORE *****9 TELEPHONE *****535 I10 words
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SHIPPING TIMES
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Article256 2002-10-30 23 Reuters THE Baltic Dry Index (BDI) rose four points to 1397, the Baltic Panamax Index (BPI) gained one point to 1,307, the Baltic Handymax Index (BHI) firmed 12 points to 9,594 and the Baltic Capesize Index (BCI) was up 10 points to 1317. TIMB-CHABTESi Xin Yuan Hai (builtReuters - 256 words
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Article264 2002-10-30 23 'i/'''V Octw a HI CWT Distribution 0.70 unch 0 C hum Hup 0.47 -0.0) MS Cosco Investment 0.18 -0.01 211 FrataM LMm 0.04 a 01 110 CB HeMnas 0.66 OjOI 27 JayaHeMmts 0-25 -OOI 465 KappalCorp <52 unch 1392 Kmd Marine 0.17 -0.01 640 Keppel Tele 0.93 -0.01264 words
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565 2002-10-30 23 Evelyn Duffy - D&mpier port also criticised for response to shipboard explosion last year From Evelyn Duffy in Perth AUSTRALIAN authorities have recommended inv. proved International Safety Management (ISM) documentation procedures for all shipboard work in enclosed spaces, following a report on last year's explosion on board565 words
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Article, Illustration399 2002-10-30 23 Beth Jinks - By: Beth Jinks [SINGAPORE] US Customs officers are likely to be stationed at mainland China ports after China agreed "in principle" to join the controversial US-led Container Security Initiative (CSI). China's President Jiang Zemin agreed to join forces with the US in its fightJAMES TOL, RTELLOTTE - 399 words
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309 2002-10-30 23 Beth Jinks - Mnndra terminal close to PSA's Pipavavport -By Beth Jinks [SINGAPORE] PSA Corporation's terminal operation rival P&O Ports will reportedly take the Singapore company head on in India's troubled Gujarat state, after acquiring a neighbouring terminal last week. PSA is a partner in the Gujarat Pipavav309 words
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Article150 2002-10-30 23 [SINGAPORE] The Government of Yemen has allowed French-flagged tanker Limburg to leave its waters after dropping a US$lB.5 million deposit claim to cover pollution resulting from an apparent terrorist attack earlier this month. MT Limburg has departed for the United Arab Emirates port of Fujairah to offload150 words
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Article, Illustration46 2002-10-30 23 IBAJJpNG, Hubei] A local rescue ship pulls out a passenger boat which sank following acollision with a cargo vessel on the Yangtze River in Bodong county, Hubei province Twopeople were missing and 19persons were injured in the accident, police said last AFPAFP - 46 words
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PORT Shots
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94 2002-10-30 23 Bernama loxiAn AL.AMJ Port operator Northport Malaysia Bhd has chalked up an 8 per cent increase in container throughput to 1.87 million twenty-foot equivalent units (TEUs) in the first nine months of this year, as against l. 72 million TEUs in the corresponding periodBernama - 94 words
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80 2002-10-30 23 Bloomberg {SHANGHAI] China Shipping Development Co said profit rose 24 per cent in the first nine months of the year as the country's biggest oil shipper transported more oil. Net income rose to 404.5 million yuan (5186.5 million) from 325.5 million yuan a year ago,Bloomberg - 80 words
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95 2002-10-30 23 Bloomberg IHUNO KONOJ Pacific Ports Ltd plans to raise US$l2O million selling a bridge in Wuhan in central China, as the port operator spends more than 20 times that amount to buy assets from related companies, chairman Henry Cheng said. Mr Cheng said heBloomberg - 95 words
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Article84 2002-10-30 23 Bloomberg [SEOUL] Daewoo Shipbuilding Marine Engineering Co, the world's second-largest shipbuilder, said third-quarter profit surged more than fourfold as it booked ship orders at higher prices. The shipbuilder's net income in the July-September period rose to 5L6 billion won (SI74.3 million) from 123 billion wonBloomberg - 84 words
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Article197 2002-10-30 24 PAOC Gewartrans 4 Avant to #GLinfc 10 BtangMas 5 OkxyH* BSA 6 4 BSC 10 Hamburg-S«J 5 BTl W Heung-A 3 CMACCM 3 COSCO 3 MIW 8 Central Ei 4 Hyundai 4 Cltahaya 10 '«*<» 9 China Shpq 5 Indogulf 9 Confer to Mcrasia tO 8 Cougar197 words
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Article, Illustration656 2002-10-30 24 David Hughes - *r toMnf' STRAIT TALK -By\ David Hughes WELL it is not something I ever expected to see, much less to grudgingly accept as necessary, but it seems that electric fences sticking out horizontally from ships' gunwales are likely to be a common sight soon. InREUTERS - 656 words
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Article10871 2002-10-30 28 THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Desfn Name Name Number Number SIN Dest'n Name Name Number Number 1D1Klly( 11^< To BANJARMASIN (BOJ) 2039 Indonesia TO ABIDJAN (A BJ) 2003 Coto D'lvoir* 07/* PACC Coot PAC BANGKA 5129 45******55 06/n10,871 words
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SHIPS IN PORT
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Article629 2002-10-30 31 Vessel Voy Mo Ifth Arrival Departure JURONG PORT CARAKA JN326 01-FEB J25 A/SIDE 30/10 1200 MARINEVIRTUE VR2910 J10/11 A/SIDE 30/10 0300 OCEANPRIDE 15-FEB J10 A/SIDE 30/10 0100 SINGA ENERGY ***** J12 A/SIDE 30/10 0300 SONG SAIGON 2 J13 A/SIDE 30/10 0800 ATRIA JB1006 J2 30/10 1000 30/10 2300629 words
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Article1307 2002-10-30 31 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vessel Out In Bth Berthing Un- Berth Name Voy Voy wq berthing Nmbf AOBEVBI 344 344 1 **********00 02/11/200?-0*00 a—an 02i mi i 3010/*****001 3000/*****600 bos <Mai 021 2 3000/*****700 31/*****2-02JO K12 AH—MA iQ4w io4w> i 31/*****2-2*00 **********00 API WIS 1096 109C 11,307 words
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Article143 2002-10-30 31 Novl France: All Saints' Day. Philippines: All Saints' Day. Nor 2 Sweden: All Saints' Day. Nov 3 Japan: Culture Day. Malaysia: Deepavali. Singapore: Deepavali. Nov Brunei: First Day of Fasting. Nov 11 Italy: Remembrance Day. France: Remembrance Day. Belgium: Remembrance Day. Canada: Remembrance Day. USA: Veteran's Day. Nov143 words
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Article813 2002-10-30 31 THIS report, compiled by Cockett Ms rine Oil Lid, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market Prices shown are based on average sired stem Market movements are indicated The Cockett Banker Price Index change and813 words
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Article458 2002-10-30 31 M MO Mm 991.5 0.4 6.0 0.06 49 0.04 06(24 P»wltT Mater HtMw k**ml+m S»«frmt No above E25 1 0 0 0 0 0 380 Ave 985.6 02 14.8 0.05 24 0.02 ltfr 380M« 9907 05 103 0.09 57 0.05 «Ww-3 v/v H n/w m/h mi458 words
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AIR & LAND transport
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Article, Illustration591 2002-10-30 32 Donald Urquhart - Global logistics provider to nse S'pore hub to link regional network By. Donald Urquhart lOllNUArUKii] LriODcU lOglStics provider and freight forwarder Menlo Worldwide officially became the first tenant of the Airport Logistics Park of Singapore (Alps) today when it opened its $22ZAOBAO PHOTOS - 591 words
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430 2002-10-30 32 Nation would lose many high-paying aviation jobs if this happened, he warns Bloomberg [OTTAWA] Canadian Transport Minister David Collenette said he will fight any proposal to ease limits on foreign ownership of Canadian airlines such as Air Canada because some industries areBloomberg - 430 words
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LOG Book
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61 2002-10-30 32 Bloomberg [HONG KONG] China Southern Airlines, the country's largest carrier, will add a third weekly flight to Australia from China to tap growing travel demand between the countries. The new service will originate from Guangzhou and fly to Sydney via Melbourne, the Guangzhou-based airline saidBloomberg - 61 words
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97 2002-10-30 32 Bloomberg [SEOUL] Korean Air and Asiana Airlines, South Korea's two largest carriers, won rights from the government to add passenger and cargo flights to New Zealand, Thailand, Vietnam and the Netherlands. The Korean government granted the rights after completing aviation talks with the fourBloomberg - 97 words
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Article207 2002-10-30 32 AP I'M rrAiPEsr Tawm w wr sift have agreed on a pact to inaugurate avfatlon links; wrapping up nearly 10 years of negotiations, newspapers reported. China Airlines, Taiwan's largest air carrier, struck a deal with Russia's Transaero airline in Moscow last week and bothAP - 207 words
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Article, Illustration434 2002-10-30 32 It demands proof that EU stuck to a 1992 rule on loans Bloomberg [BRUSSELS) The US will aggressively" pursue what it says is illegal European government support for Airbus SAS's A3BO superjumbo jet, US Deputy Secretary of Commerce Samuel Bodman said. TheBloomberg; FILE PHOTO - 434 words
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260 2002-10-30 32 Reuters [AUCKLAND] National carrier Air New Zealand said yesterday its talks regarding a possible equity link-up with regional rival Qantas Airways were progressing favourably but no deal has been completed. Acting chairman Roger France told shareholders at the annual meetingReuters - 260 words
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Article1570 2002-10-30 32 9?L "J®* 1 ETA re LM7TS 1650 13*763 2350 MMMt uwtti mo w«n *so lmtu 2350 MHO <80 $***** *50 S026 23S0 IHH8m $023 0635 ii m 2JJ0 1*7306 *25 IH779 2359 6*975 0«8 $036 2345 0T6 *25 ****** 2359 lift fjjj WMOI 1399 lhmt7 *501,570 words
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Page 23 Advertisements
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Advertisement10 2002-10-30 23 v- US may complain about Airbus loans to WTO BACKPAGE10 words
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Page 24 Advertisements
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Advertisement669 2002-10-30 24 I TO USA/CANADA I I CtPOHT I I OftiCß DeSTMAT**** I [vcsa 1 VOY IWG JeTA aw LONG KACH PAUAS HOUSTOW MfITHS QtAGO WW row II TO AiiSTftAl U fAIMmtAI IA AftiA OOGOWIU SOE44 29/10 1/11 17/11 11/11 72/11 21/11 21/11 IVII ynr I IH<ii I Mf 1" 000. MM*669 words
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Advertisement83 2002-10-30 24 i* WORLDGATE EXPRESS UNES PTE LTD /T\ 180, C«cU Stmt, *16-03/04, Bangkok Bank BuikSnfe S*por» *****6 Tel: *****911 Fax: Email: wgateemtoox2.aingneLcom.ag WEBSITE: htp J/www wortdgate.com sg WEEKLY FCL LCL SERVICE TO FOLLOWING PORTS SOBTH-fASTMU SM IFUEAST 91 ■BHITTOjf 9N ffIMT Ijj MIT*- I m mmm/iLWum m I ■iMmii i _-t83 words
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Advertisement576 2002-10-30 24 Mrviow rapßwn>>d by fedßSk?i Members of fo Registry of Members of Aw Accredited Shaping Agonti Singapore Logistics Singapore Shipping Association Association A a ||U L y UNE MALI /visa VOY ETA ETA ETA A r.KuwG syotE mii Princess Lily 0902 16/11 17/11 25/11 Empress Lily 0802 05/12 06/12 U/12 Princess576 words
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Page 25 Advertisements
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Advertisement1128 2002-10-30 25 mam:, pi i— TO EUROPE FROM EUROPE ram vorl s« m w hm w iou uHllvcsa Ivor m mtm m sou im aTI 104W 31/10 JO/1' n/ll 11/11 HIUMWMBS SHE 12/10 14/10 14/10 10/10(0/11 K&amGßflY oiow oi/ii w/11 »/ii n/ii a/ii ■anoMS ooc 17/10 m/io n/n s/ioos/n HYUMMJ HSGMRY 311W1,128 words
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Advertisement1349 2002-10-30 25 fkn ta mm IZTmu. mraomt t/bmmp MMSSH *niiJ 14/44 I HMMU cowvtimoiui MMSMI/IM MMsm/n I^^ 9,1 mw m mm m "j,, «uu ß wc naw/im ji/II OOAI 11/ ii 7,*. IA/11 jJKtF x/li !V» »ao MAO 31/11 Fuaa/MK ii/ii tvii ovii Z lvn ,vn W} 24/18 W"Mi- n/n siai COSCOHA4UUK1,349 words
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Advertisement1101 2002-10-30 26 HMHfZ HYUNDAI MERCHANT MARINE CO., LTD. 1 q HQ. *****9t0000H Ivbm vot I sw I sou ia I ra I mi I hao I my I wt I mhi hh r■ >m m* wry Ui "'SSS? ?12 I#/n M/n 14/11 WWOWDDIW M/ll N/ll It/N 01/10 17/10 AftDDMAM IO3W 07/11 M/ll1,101 words
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Advertisement1083 2002-10-30 27 IVISSH. VOY KHH HKO SIN I PKI I DXI I IA» 1 DMAA NHT~I M.V. UNOAVIA PCL-283 29/10 30/10 02/11 03/11 10/11 11/11 17/11 19/11 MAN KERMAN PCL 284 04/11 03/11 09/11 10/11 17/11 U/ll 24/11 26/111 KAN ISFAHAN pel -285 11/11 12/11 16/11 17/11 24/11 23/11 01/12 03/12 IftANHOtMOZGAN1,083 words
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Advertisement331 2002-10-30 28 L^5 Y Q WALINE 1 Honiin Felixstowe 076E~ 05/11 ~22/l 1 I QMff g 03/12 ofm 07/12 llHn|li. i Honjin Felixstowe 076E" 05/11 14/11 20/11 21/11 Honiin Felixstowe 076E" 05/11 ~17/11 27/ iT 28/11 30/11 ~027T2~ Honiin Felixstowe 076E" 05/11 18/11 05/12 Colitornio Senator 955E 12/11 ~28/11 04/12 05/12 Seogtof331 words
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Advertisement176 2002-10-30 28 ETASfOiI LOADMFO* 2 NOV COLOMBO 30 OCT MUMBAI 12 NOV MUMBAI, KANDIA 12 NOV KAKINADA 11 NOV KARACHI Waatdy Contoinw tarvka to Culmifcu, AB Indian Porta and P. GuH ETA ETD LQAOMG FOR JUN 3 22/10/2002 23/ICV2OQ2 PHNOM PENH VUNGTAU JUN3 02/11/2002 06/11/2002 SMANOUVOfILLE TROPICAL ROSE 08/11/2002 11/11/2002 PHNOM PENH176 words
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Advertisement220 2002-10-30 28 BSA4 MYANMA PIMA FIVE STAR UNE '"osrc" msa VOT SM m rat KU CMWSNWINMW M« SU V3MW SID M MALAYSIA: OOUSTIAB SNIPPING AGtNOES lUL 03-*****300 PIL- 03-*****101 PBfc 04-*****02 BANK LINE (A Mnrka *i Aairtw Wtir SUfftaf) VT" Normaouwp to eukow V CONIMNER, tOtO, MUUIHEAVYUFTC SM m KMC HUH ANTP220 words
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Advertisement626 2002-10-30 30 jtw BPBySSpBB SS. SS US! m &SSLi ,S TI SMMGHAIEIP 0240 o*o4/11 1114/11 19 20/11 I WIIHW 077* OS-09/II 15-17/11 27 73/11 I VOT s« au^^sS^l *OWB *****Wil MT77TT iTWIi I MIM« ill 04 07/11 14-14/11 74-75/11 I STUMPWB 514 WWII I*ll/11 2021/11 I 057 14-17/11 2325/11 0445/12 I I-VBsa626 words
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Advertisement747 2002-10-30 30 |VtSSa*AK VOT SMGAPORt PORT WANG OttTTAOOMG MMU m g ra rre n* ftp «JWWi 07N049 m 01/n 02/11 02/11 I I 02N124 SAT 02/11 04/11 04/11 W /ll 12/11 Wll isTu <xrc* 01N129 wtc 04/11 07/11 07/il n7TI fs/ri Ot»WW 04N053 SNN 10/11 11/11 1 iTTI TUu jfTu 1 IQCIARO747 words
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Advertisement59 2002-10-30 30 CONFER (S.E.A.) [&ZJ SHIPPING PTE LTD TEL: *****868 FAX: *****245 DIRECT CONVENTIONAL SERVICE TO CHITTAGONG VESSEL SIN CTG EMERALD 10-11 NOV 15-20 NOV DIRECT FCL/LCUCONVEMTtONAL SERVICES TOsmdwi SutyCararmn Mrt» CtfcUh Bcntmf Kntt Cofcrrtjo CMucra Tulam Cocftn FtrEj* llHwgn B«r»ct HIT FCLACL iwtw Tk Auintm Sy<*w» UAourc Europe a—l—> H*rtx«g Art»wp59 words
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Advertisement753 2002-10-30 30 (h PDZ LINES tongjoostiffiMthitn> STiIT?? iSH 1H: w Ir: Jt| inr fin H: fm: Ml ft znzDl siWi!r™r-2£-gbmngjjjL«ZlL_gyoo_.22l2 10/ ii GtiAM 2144 n/n ouan 2247 n/ti awe B»~?r/n —*/n CRWH H" l«/1l GtSWU mo 11/11 GKOOM 2177 .4/11 TilTSS£=r l«HOc»l»4f |a/n stun W ~S£- wqow HL!_ IV'i CCIMG PH 13/11753 words
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Advertisement243 2002-10-30 30 IWfiRBSSBH Mf* H;11 :'J jo!;]kV:* l \iwfm BREAKBULX A CONVENTIONAL SERVICE DIRECT SERVICE FROM STORE TO KARACHI I wssa wug Biawwß ITAM«AO«~~| I »OLMI OtHtf* 11/11/W M/llflT" lAISO U>6 FOt DUUI/tUWtn SEA-PAC MANAGEMENT FIE. WD? 70 Anson Rood #17-07/06 /*f\ *P" !<»*•, Singapore *****5 LJL-1 T«Uphon.: 6270 0977 Facsimte 6275243 words
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Page 31 Miscellaneous
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Miscellaneous126 2002-10-30 31 legend: Issued by Meteorological Services Division, NEA K Thunderstorm A Showers Rain Temperature Wjnd direction arK j speed n knots Weather w Cloudy Day Sea Conditions Wind speed symbols I h < 1 2m O Full circle w/o line indicates calm or light and variable winds j g" < j—«One126 words
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