The Business Times, 21 May 2003
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2003-05-21
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The Business Times
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Title Section14 2003-05-21 1 MITA (P) 024/03/2003 85e THE BUSINESS TIMES SINGAPORE WEDNESDAY, MAY 21, 2003 hitp.//business-times.asial .com.sg14 words
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679 2003-05-21 1 Catherine Ong - Court also rejects Board's claims for arrears in cash instead of shares in CEH debt scheme i'-ii exclusive Byi Catherine Ong [SINGAPORE] Contrary to what many believe, the Central Provident Fund does not enjoy preference over other unsecured creditors of679 words
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Article, Illustration695 2003-05-21 1 Loh Hui Yin; Kenneth Lim - By Loh Hui Yin and Kenneth Lim [SINGAPORE] Singapore could tip into recession if the region is unable to quickly overcome the deadly Sars outbreak. Deputy Prime Minister Lee Hsien Loong said yesterday. "Our forecast now is 0.5 per cent to695 words
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Article, Illustration663 2003-05-21 1 Vince Chong - Many courses seeing fall bookings, even on weekdays By Vince Chong [SINGAPORE] Golfers have swung their attention to the local greens now that the Sars (severe acute respiratory syndrome) fallout has affected their annual travel plans to regional courses. The travelling season for663 words
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Article67 2003-05-21 1 STI 1,299.23 (+6.34) ST INDEX FUTURES 1,290.00 (+4.00) SIMSCI FUTURES 158.90 (+0.60) Tuesday Change KLSECOMP KK% NIKKEI225 K.tt594* >20:15 HA\(i am 9.II54I.4W 3697 SET INDEX -.1K2.R7 »*94 JAKARTA COMP_***** *U3 MANILA COMP 1.05-112 9.H2 TAIPEI WPI OHM rtM SEOTLCOMP 8*2.08 ♦5.72 SHENZHEN B 214 70 AI STALLORD £908.50 14.0067 words
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Article71 2003-05-21 1 FOREX RATES US* SS I SS(SSperl'SS) 1.732 S|l SS/SS |MT V) 1.631 2.825 DmnMM). 1162 2.012 TBI 117,1 67.80 KM IM. 2.194 HKS 7.799 4.54B BAHT 4214 24,13 KI'PIAH MB 4.841 ■MM *299 4791 INDIAN KI'PKK 4691 27.08 PRIME RATES SI.ViAPORK* Kl'ALA 1.1 Mil K 640 HONC.KOMi UN JAKARTA71 words
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498 2003-05-21 1 George Joseph - But onions resisting the cots of 15-28%; pilots oppose no-pay leave scheme By i George Joseph [SINGAPORE] The management of Singapore Airlines has been sounding out its staff unions on a plan to implement non-restorable wage cuts of between 15 and 28 per498 words
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Advertisement244 2003-05-21 1 UOB? What is UOB doing as the deadline lot divesting non-bank assets draws near? BT talks to president Wee Ee Cheontj on this and other issues in the Banking Finance BT: A print 4-online service BT Online contains a host of Web-based resources, offered free to BT newspaper subscribers. For244 words
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Article64 2003-05-21 2 IN yesterday's report "SingTel refutes complaints of high prices", we said that Sing Tel had applied to the Infocomm Development Authority for exemption from its obligations as a dominant licensee. Sing Tel has clarified that the application is not for total exemption from its dominant-li-censee obligations in all telecoms64 words
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Article, Illustration616 2003-05-21 2 Daniel Buenas - It claims JV partner held back $52m dividends dne to its unit By Daniel Buenas [SINGAPORE] A corporate soap-opera is unfolding in the quiet Chinese province of Guangxi that threatens to embroil one of Singapore's biggest corporate players and the616 words
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Article, Illustration600 2003-05-21 2 Angela Tan - DZEEGTORS' PAT Non-exec directors get extra pay as basic fees dip By, Angela Tan [SINGAPORE] The remuneration of executive directors of listed firms has stayed flat for the past two years, with only one per cent getting more than $2 million and 47Source: S'pore Board of Direction Surwey 2002 - 600 words
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Article, Illustration519 2003-05-21 2 Investors reject GlaxoSmithKline compensation plan Reuters [LONDON] After Britain's biggest-ever shareholder revolt at GlaxoSmithKline pic on Monday, executives at HSBC Holdings pic and Tesco pic may have their pay packages blocked by shareholders for being too excessive. GlaxoSmithKline pic, the world'sReuters; AP FILE PHOTO - 519 words
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132 2003-05-21 2 SARS OUTBREAK AFP [SINGAPORE] Australia yesterday said it was no longer advising its citizens to defer non-essential visits to Singapore, but cautioned that the city-state was still listed by the World Health Organization as a Sars-affected area. "It no longer recommends thatAFP - 132 words
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ON THE grapevine
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Article, Illustration88 2003-05-21 2 PUBLIC relations officers and government officials will probably heave a sigh of relief. BT senior correspondent and longtime property market bear Lee Han Shih (above) has left the paper. No longer will corporate chiefs have to consult their lawyers after each commentary. And no longer will they88 words
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Article313 2003-05-21 2 HERE'S a consultant-baiting joke, courtesy of the Internet: A shepherd was herding his flock in a remote pasture when suddenly a new BMW emerged out of a dust cloud towards him. The driver a young man in a Broni suit, Gucci shoes, Rayban sunglasses and YSL tie313 words
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SARS OUTBREAK
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Article, Illustration654 2003-05-21 3 Anssie economists say China may face same fate if disease fails to disappear Reuters AP AFP [CANBERRAI Severe Acute Respiratory Syndrome (Sars) will plunge Hong Kong into recession this year and could do the same for China if it persists, a report co-authoredReuters; AP; AFP - 654 words
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IN Brief
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105 2003-05-21 3 Reuters [TOKYO] Matsushita Electric Industrial Co, maker of Panasonic brand goods, said yesterday that it had halted operations at two of its plants in China after five local employees were found to be infected with the Sars virus. The two plants are Beijing MatsushitaReuters - 105 words
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Article83 2003-05-21 3 Xinhua [BEIJING] China's State Food and Drug Administration has approved the clinical use on a trial basis of a drug potentially beneficial in the treatment of Sars. A source with the administration said yesterday the drug, named Sivelestat Sodium, is a chemical injection whichXinhua - 83 words
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120 2003-05-21 3 AP [KUALA LUMPUR] Malaysia reported a new probable Sars case yesterday and criticised officials in Singapore for sending him back to Malaysia after diagnosing his symptoms on their territory. The 26-year-old Malaysian man was screened at a checkpoint on the Singapore side of theAP - 120 words
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Article, Illustration408 2003-05-21 3 WHO keeps its travel warning on Hong Kong AFP Bloomberg AP [TAIPEI] Taiwan yesterday recorded its largest single day rise in Sars deaths and new cases as the crisis in the island's hospitals worsened, while China said most of the countryAFP; Bloomberg; AP - 408 words
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179 2003-05-21 3 Reuters [BRUSSELS] There are likely to be deaths from the Sars disease in Europe and the United States later this year, US Health Secretary Tommy Thompson said yesterday. Sars has killed hundreds of people and infected thousands, but the vast majority ofReuters - 179 words
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Page 3 Advertisements
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Advertisement48 2003-05-21 3 I a- Well jig j*^'jt -'"^^hl^h i y*»*iy»^^,llM »i!^' v nMi^l^^^^B; 2 m| f i j'l'ifi ii/^yi''^^B fc JMIF /> fcV;._ H' '^^-yy-uA Jf J-^^H |Bh^. IHL fe k£^lH9%^ J ?f i: -?*Biß i b^ft.^Sri^^dy*S©N?Pgfc£ v." '^Mgki rtjat' &g*r ''*'-4? 3 ,f 'Aa^r. t^'^' 1 ♦>s.Saß& y^yjrrA' ,\t* *«rv48 words
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SINGAPORE markets
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Article, Illustration315 2003-05-21 4 OTHER SINGAPORE INDICES May 20 VALUE CLOSE BTOG/DS -10.00 -144.00 BTCAU -*****.00 +92.00 -*****.00 -1.00 AM-SGEqmWM 351.19 +0.95 SGEqNWMEkct 123.49 40.79 SG Equities Fin 1096.03 +6.35 SG EquitiM Prop 309.13 +0.46 MSCI Singapore 159.56 +0.67 SiMSCI Fifturos 158.90 +0.60 VOImw UniFiber 10c 48,027,000 Lfiong Hin 20c 47.458,000 NewWave 5c 38,429,000315 words
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Article, Illustration771 2003-05-21 4 r. sivanithy - Is it bargain hunting or short-covering comment STOCKS r. sivanithy ON the face of it, the local stock market appears delicately poised between the opposing forces that buyers and sellers are able to summon. Neither really gained the upper hand yesterday, although a bout of short-covering did hoist the Straits771 words
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Article, Illustration579 2003-05-21 4 Restrained mood prevails after suspected intervention on Monday AFP [TOKYO] After sharp moves the previous day supported by suspected Japanese intervention, currency markets were calm yesterday, shrugging off further monetary easing by the Bank of Japan (BOJ), dealers said. The greenback fetched 117.04-07 yenAFP - 579 words
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Article3286 2003-05-21 4 UNIT TRUSTS FUNDS com Global Mean* maex Fd o 83& Com Global Teiecom Index Fd 0428/ Com Global Infotec Index Fd! 0.297/ Sf? n snfij Global Energy Index Fd 0 845/ <21 bSP i Com Global TrawSlndex Fd 0 655/ btar cur ope bo Com S'oore Bond FltcI/* 1 10^3,286 words
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SINGAPORE companies
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Article715 2003-05-21 5 Andrea Tan - Neither internal conflicts nor rival camps led to changes, say execs By Andrea Tan TWO chief executive changes in five months. And in the latest move, half of the six-member board including the managing director have resigned. What's going on at IT firm aspnetcentre, in which715 words
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Article, Illustration428 2003-05-21 5 Kenneth Lim - By] Kenneth Lim WITH a Singaporean as its chief and a major desalination plant contract in hand, it's easy to mistake mainboard aspirant Sinomem Technology as another Hyflux or Darco Water Technologies. But Sinomem founder and managing director Lan Weiguang is bankingCHRIS LOH - 428 words
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171 2003-05-21 5 Genovieve Cua - By i Genovieve Cua OCBC's bancassurance head Richard Vargo has quit after about three years with the bank, sources say. BT understands that Mr Vargo's last day is today. There is speculation he may join a financial advisory firm, but this could not be confirmed.171 words
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Article692 2003-05-21 5 r sivanithy - Z r A lock siew r sivanithy IN a letter published yesterday, a BT reader asked a very pertinent question: why is it that the Singapore stock market has been depressed for so long? Over the past three to four years, the reader pointed out that692 words
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403 2003-05-21 5 Vince Chong - CEO brashes aside market talk o! poor insider sentiment Byi Vince Chong SESDAQ-LISTED steelproduct stockist HG Metal has proposed issuing 8 million new shares representing 10.35 per cent of its existing issued share capital to a private entity for $1.6 million. The403 words
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330 2003-05-21 5 Michelle Quah - By] Michelle Quah SESDAQ-listed e-services and consulting firm. ei-Nets Ltd, has been ordered by the High Court to pay former director Yeo Nai Neng over $400,000 in damages and costs for wrongful dismissal and defamation. In a filing to the Singapore Exchange yesterday,330 words
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541 2003-05-21 6 Ven Sreenivasan - Optimism premature, it says, citing possible HI losses in F704 By 1 Ven Sreenivasan STANDARD Poor's Equity Research has recommended that investors avoid Singapore Airlines' stock, citing possible first-half FYO4 losses which could send the stock plummetting back to recent lows. S&P's Equity541 words
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Article, Illustration233 2003-05-21 6 IN a novel approach to marketing an initial public offer, Chinese shoe firm Hongguo International will sell almost 200 pairs of shoes and donate the proceeds to the Courage Fund. Hongguo has brought in close to 200 pairs of shoes to showcase theARTHUR LEE - 233 words
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439 2003-05-21 6 For a start, it will develop cartoon series for China TV TAIWANESE rice cracker maker Want Want Holdings has again embarked on a non-core business venture, this time with Taiwanese celebrity David Tao. The company yesterday said it has entered into439 words
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COMPANY Briefs
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73 2003-05-21 6 Bloomberg SINGAPORE Telecommunications had its credit outlook raised to stable by Moody's Investors Service, which cited the company's progress in paying back debt and the performance of its Australian unit. Moody's changed its negative outlook on Singapore Telecom, South-east Asia's largest phone company, indicating thatBloomberg - 73 words
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50 2003-05-21 6 PAN-UNITED Corporation has roped in GK Goh Stockbrokers as its financial adviser to help restructure the group's businesses and capital structure, to sharpen its focus and unlock shareholders' value. The group will unveil further details if it decides to proceed with the proposed revamp.50 words
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85 2003-05-21 6 Bloomberg BEYONICS Technology Ltd, which manufactures electronics for brand-name companies, said Seagate Technology International has extended a contract, worth an estimated $300 million, for Beyonics to continue supplying printed circuit board assemblies' services to Seagate for two years starting from January 2003. The contract is renewableBloomberg - 85 words
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Page 5 Advertisements
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Advertisement491 2003-05-21 5 The Atypical Pneumonia or Severe Acute Respiratory join us at this special forum organised by CCH Syndrome (SARS) outbreak has affected our daily lives Executive Events. We have invited a distinguished and companies in Singapore. Not only employers have panel of experts to discuss the key SARS related been grappling491 words
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Advertisement1531 2003-05-21 6 Strotech Systems Limited NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Stratech Systems Limited ("the Company") will be held at Meeting Room 1, 6 International Business Park, #02-01, The Atrium, Singapore *****8 on Friday, 6 June 2003 at 9:30 a.m. for the following1,531 words
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SINGAPORE news
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Article601 2003-05-21 7 Shoeb Kagda - Bread Talk, Apex rolling out plans; Enzer hopes to tap high-end market From Shoeb Kagda in Jakarta FOLLOWING in the footsteps of Singapore govern-ment-linked companies, which have invested US$3.3 billion in Indonesia in the past two years, Singapore's small and medium-sized enterprises are now exploring601 words
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Article, Illustration458 2003-05-21 7 Vikram Khanna - By' Vikram Khanna THE domination of the global accounting industry by four large firms is a cause for worry, Britain's top financial regulator Sir Howard Davies said yesterday. Moreover, the world needs "a comprehensive set of accounting standards" which can win international support. DeliveringBLOOMBERG FILE PHOTO - 458 words
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394 2003-05-21 7 Tang Weng Fai - It says most customers prefer fixed-price deals By' Tang Weng Fai TUAS Power yesterday became the first of the three power generators to reveal details of its plans to entice newly-contestable electricity customers once different batches of them are open to retail394 words
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Article286 2003-05-21 7 Anna Teo - on the economy outlook By Anna Teo IN what's a fairly sure sign of slower growth ahead, the composite leading index (CLI) has dipped again after a brief respite. The index, which leads the economy by about three quarters, fell 1.4 per cent in the286 words
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187 2003-05-21 7 NTUC Fair Price and German company Wincor Nixdorf have jointly implemented a system that enables Fair Price to manage operations and obtain real-time data on inventory at store level. The Store Inventory Management System (Sims) has already been launched in Fair Price stores at187 words
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491 2003-05-21 8 Amit Roy Choudhury - Legislation will be in place when US-S'pore FTA comes into force By. Amit Roy Choudhury LEGISLATION to cover all the areas of the Intellectual Property Rights Chapter of the US-Singapore Free Trade Agreement (USSFTA) will be in place within six491 words
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92 2003-05-21 8 Khong Su-Vie (Ms - MAILI^TM Khong Su-Vie (Ms) Assistant Director (Public Relations) for Permanent Secretary (Transport) I REFER to the letter "Poor excuses for higher NE fares" by Narayana Narayana (Mailbag, May 20). I would like to clarify that there was no promise made last year of92 words
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Article, Illustration1094 2003-05-21 7 Transaction date: May 20 DTTERBAMK CROSS BATES A$ C$ Bmt> Euro HKS lad »s toipioh Y«n Won NZ$ P»»» P»« S$ tand Sir MT$ ftUt Pmi USS Australia 0.891 5.428 0.563 5.101 30.680 54.842 0.767 7.840 2.485 1.121 37.778 34.544 L133 5.174 0.850 22-682 27.558 0.401 0.654 Canada 11231,094 words
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Advertisement162 2003-05-21 7 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SASDELL PTE LTD (In Creditors' Voluntary Liquidation) NOTICE OF RESOLUTION At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 18 Cross Street #08-01 China Square Central Singapore *****3 on the 13*"162 words
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Advertisement391 2003-05-21 7 THE COMPANIES ACT. CAP. 50 FURN-UNE FURNISHING A INTERIORS PTE LTD (la Volaatary Liquidation! Al an Extraordinary General Meeting of the members of the abovenamed company duly convened and held 10 Anson Road. 13-12 International Plaza. Singapore *****3 on the 19th day of May. 2003 al 11.00 a.m the Special391 words
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Advertisement484 2003-05-21 7 SHANGHAI MARINE SERVICES PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of Shanghai Marine Serv ices Pie Ltd held on 12 May 2003. the following special resolutions were duly passed: 1. "That the Company be wound up voluntarily and thai Mr Tan Gim Soo of Messrs G.484 words
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Article1619 2003-05-21 8 SICOM FUTURES May 20 RUBBER Fafara (dosing prim) RSS1 (S cents/iuj) Close Volume Open Month High Lot* Sett (tonnes) Interest Jun 03 175.75 Jul 03 168.00 Aug 03 165.00 Sep 03 ***** RSS 3 (US ceotsAfl) Volume Open Month High Low Sett (tomes) Interest Jun 03 101.00 »50 Jol1,619 words
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Advertisement112 2003-05-21 8 Are you still big, strong and growing despite these tough times? Companies can nominate themselves for the 2003 Enterprise Award by completing the official nomination form. Companies must be home-grown, privately-owned and incorporated under Singapore's Companies Ad (1994 Revised Edition), with three years of audited statements. #//Mfiif JSf Nomination forms112 words
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Advertisement187 2003-05-21 8 SPocodemy Empowering the Intellect The IP Academy Empowering the Intellect! What is intellectual property, and how can you make it work for you? How can you manage your company s intellectual assets for maximum benefits? How can you boost your career prospects and play a role in Singapore's developing IP187 words
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INTELLECTUAL property
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Article, Illustration1305 2003-05-21 9 Audrey Tan - Despite its citizens being so enamoured of brands, the Asia ex-Japan region sorely lacks strong brands, reports Audrey Tan Audrey Tan WHEN the world's most valuable brands are lined up by Business Week and brand consultancy Interbrand each year, there are fewFILE PHOTOS; REUTERS - 1,305 words
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Advertisement52 2003-05-21 9 MjP entrepolis S 1• a globally connected entr entrepolis \a»(n)- trap-(- e minds from companies entr hub attracting the most f talent innovation, entv I ES,a?Si fl in today's world. 'i ary en u I i -7 9 C_X y#C > >dj em I i ,ip en I 1 U52 words
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EDITORIAL & opinion
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Article, Illustration788 2003-05-21 10 paul samuelson - nrrn^ 1 bottom line OPINION paul samuelson WHEN the euro was brand new, Europeans had high hopes that this new currency would begin to rise relative to the almighty dollar. Instead, for month after month and year after year, the dollar appreciated relative788 words
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Article58 2003-05-21 10 'We have plenty of our own bad economic news. But you have to compare it to the problems in the US and Japan. The problem we have is that the euro has become the one-eyed man among the blind.' Michael Schnbert a currency analyst with Commerzbank in58 words
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Article579 2003-05-21 10 EDITORIAL IN the push for better corporate governance, disclosure standards in the Singapore stock market have been tightened in recent years to better enable investors to make timely and informed decisions in a deregulated environment However, there is a glaring omission when it comes to short-selling, or the579 words
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Article, Illustration1062 2003-05-21 10 Leon Hadar - Although the Bnshies are wary about Pyongyang's unclear military programme, they prefer using economic and diplomatic pressure to force Kim Jong Il's regime to end it From] Leon Hadar in Washington THE charge levelled at those countries concerned their development of weaponsAFP FILE PHOTO - 1,062 words
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Article699 2003-05-21 10 Thomas Carothers - COMMENTARY Washington's free trade pacts reveal a contradiction By Thomas Carothers LAT-WP A DEEP tension over democracy has pervaded the war on terrorism from the beginning. On the one hand, promoting democracy widely and effectively in the Muslim world is essential to eliminating the roots of an-ti-American politicalLAT-WP - 699 words
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REGIONAL news
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458 2003-05-21 11 Eddie Toh - Results come after 5 years of losses, bnt Sars could hamper recovery Frorn Eddie Toh in Kuala Lumpur MALAYSIAN Airline System (MAS) has returned to the black after five straight years of losses, but the severe acute respiratory syndrome epidemic458 words
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130 2003-05-21 11 Reuters [BOMBAY] Nearly 60 million workers across India, roughly equivalent to the entire population of France, will go on strike today to protest against economic reforms, labour leaders said on Monday. Their demands include a halt to privatisation and freer imports. Unions areReuters - 130 words
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283 2003-05-21 11 KUALA LUMPUR An&nda Krishn&n also expected to bid for Indon mobile operator Bloomberg TELEKOM Malaysia Bhd, Malaysia's biggest phone company, has submitted a non-binding bid for PT Excelcomindo Pratama, Indonesia's third-largest cellular phone operator. "If both parties are willing, there is a chance" theBloomberg - 283 words
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Article, Illustration375 2003-05-21 11 KUALA LUMPUR AN unidentified foreign investor has agreed to take a strategic stake in Air Asia. Malaysia's profitable lowfare, no-frills carrier, the airline's chief said on Monday. Chief executive officer Tony Fernandes said the investor would buy 20-25 per cent inTNP FILE PHOTO - 375 words
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365 2003-05-21 11 KUALA LUMPUR Reuters MALAYSIA is increasingly likely to reduce interest rates for the first time in two years when it unveils a mid-year economic package today, economists and analysts said. The package win be announced at a press conference atReuters - 365 words
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299 2003-05-21 12 DENGKIL, Malaysia Govt to invest RBQOOm at first on infrastructure for BioVaUey in MSC AFP Bernama PRIME Minister Mahathir Mohamad yesterday launched an ambitious biotechnology hub as part of Malaysia's push towards becoming a developed nation by 2020. At the groundbreaking ceremonyAFP; Bernama - 299 words
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Article, Illustration134 2003-05-21 12 Reuters [BANDA ACEH] Indonesia warned separatists in Aceh yesterday they would be "wiped out" as its military offensive went into a second day. The rebels vowed to fight forever and said 17 civilians had been killed. Military chief General Endriartono Sutarto, seeking toReuters; AP - 134 words
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375 2003-05-21 12 Dr M's clarification a blow for Beijaya's plans; stock falls 7.9% KUALA LUMPUR Reuters MALAYSIA said yesterday it would not issue another casino licence, dealing a blow to shares in a company tipped to become the country's second gambling centre. "We don't give anyReuters - 375 words
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225 2003-05-21 12 Bangalore centre to employ 100 software professional staff BANGALORE AFP SOFTWARE giant Microsoft is planning to set up a global product support services centre in India's technology hub of Bangalore, a report said yesterday. The centre, which will employ 100 software professionals initially, is partAFP - 225 words
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199 2003-05-21 12 BEIJING Bloomberg CHINA'S domestic sales of personal computers may drop this quarter as the Severe Acute Respiratory Syndrome (Sars) outbreak keeps shoppers at home, and schools and government institutions closed, market researcher International Data Corp said. The research company lowered its preliminaryBloomberg - 199 words
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NOTE Book
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71 2003-05-21 12 AFP [KUALA LUMPUR] Malaysia's trade union movement said it will proceed with a nationwide protest today against a low dividend payout of 4.25 per cent by a state pension fund despite official claims the picket is illegal. "The gathering will proceed as planned. WeAFP - 71 words
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92 2003-05-21 12 AP [GENEVA] Taiwan failed in its seventh bid for a toehold in the World Health Organisation (WHO), despite lobbying by Taiwanese authorities who said a link with the UN health agency would help them battle the Sars virus. The World Health Assembly, the topAP - 92 words
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Article82 2003-05-21 12 AFP [WASHINGTON] US President George W Bush announced on Monday that he planned to visit the Philippine capital Manila later this year, further cementing close ties between the two allies. "I am honoured to accept President (Gloria) Arroyo's generous invitation to visit the PhilippinesAFP - 82 words
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61 2003-05-21 12 Bloomberg [JAKARTA] Pertamina, Indonesia's state oUand gas company, plans to spend about US$2.l billion next year to increase production of oil and gas and modify refineries. It plans to spend US$l.4 billion on drilling projects in Southern Sumatra and West Java and to increase its stakesBloomberg - 61 words
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77 2003-05-21 12 AFP [SHANGHAI] China plans to allow individuals to trade in gold, possibly by year-end, state press reported yesterday. "Domestic individual investors will be able to buy and sell gold later this year after approval from the central bank," the Business Weekly reported, quoting ShenAFP - 77 words
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Page 11 Advertisements
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Advertisement192 2003-05-21 11 wr (n«9Qr 7> I I mlfiSm ;i jlil *-> WmtWBM I Enter the Best Manaaed Boards Award Award winners AII participating companies will receive a confidential m 0 I report that benchmarks their board practices in human capital I Nominate your corporate board- or any others you deem worthy m192 words
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Article4977 2003-05-21 12 Transaction date: May 20 HONGKONG Vol HKRIntl 1.53 -0.01 5536 HKS W- '000 Hong Kong Electric .30.00 0 40 4162 Hongkong Chinee 0.84 0.01 5206 Alpha General 027 unch 0 Hongkong Chinese Ltd AM 0.01 5206 Ananda Wing On .0.01 unch 0 Hopewell Holdings 660 -0.05 1320 Angang4,977 words
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WORLD news
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402 2003-05-21 13 Anthony Rowley - Tokyo stocks, bonds firm; yen gets relief from apparent forex intervention From Anthony Rowley in Tokyo THE Bank of Japan yesterday announced further monetary easing to shore up market confidence, in the wake of the weekend announcement that the Japanese government will inject402 words
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Article, Illustration519 2003-05-21 13 WASHINGTON It accepts SEC offer, but judge delays approval NYT THE US Securities and Exchange Commission told a federal court on Monday it had reached an agreement under which World Com Inc would pay US$5OO million to settle fraud charges. In New York, US District JudgeNYT - 519 words
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384 2003-05-21 13 WASHINGTON Reuters Bloomberg THE Federal Reserve is not at risk of running out of tools to combat deflation and could switch its focus to long-term interest rates with little disruption, a congressional study released on Monday said. "Some analysts who equate monetary policy withReuters; Bloomberg - 384 words
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WORLD Watch
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82 2003-05-21 13 Reuters [RIYADH] The US embassy in Saudi Arabia said yesterday it and other missions in the kingdom would shut today due to fears of more attacks against unspecified targets following suicide bombings in Riyadh last week. "In response to information that some strikesReuters - 82 words
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87 2003-05-21 13 Reuters [SAN FRANCISCO] Agilent Technologies Inc, an electronics and testing equipment maker, on Monday posted second-quarter results in line with its previous forecast as revenue was little changed. It also forecast third-quarter results that were in line with Wall Street forecasts. The company hadReuters - 87 words
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57 2003-05-21 13 Bloomberg [TOKYO] Seiko Epson Corp, Japan's biggest maker of inkjet printers, and its shareholders plan to sell about 106.4 billion yen (Ssl.6 billion) of stock. Seiko Epson and shareholders including the Hattori family will sell 46.27 million shares, the company said. The projectedBloomberg - 57 words
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91 2003-05-21 13 LAT-WP [WASHINGTON] Napster or at least a Napster-branded, for-pay version of the once popular and notorious music service is on its way back to consumers. Roxio Inc, maker of compact-disc-copying software, announced on Monday that it has purchased online music service Pressplay from Vivendi's UniversalLAT-WP - 91 words
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95 2003-05-21 13 Reuters [TOKYO] Suzuki Motor Corp, Japan's leading minivehicle maker, yesterday drove to its highest ever operating profit, reporting a surge of more than 20 per cent thanks to robust sales in the fast-growing Asian car market. Group operating profit for Suzuki came inReuters - 95 words
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80 2003-05-21 13 Reuters [NEW YORK] Electronic Data Systems Corp (EDS), the embattled computer services supplier, plans to cut the number of stock options it grants to senior managers from historic high levels of recent years, EDS said on Monday. It said in a filingReuters - 80 words
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75 2003-05-21 13 Reuters [ANKARA] A bomb exploded at a cafe in the centre of Turkey's capital Ankara yesterday, killing one person and injuring another, and police were investigating whether it was a suicide attack, Turkish authorities said. "One person was killed after a bomb exploded," AnkaraReuters - 75 words
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572 2003-05-21 14 WASHINGTON Servicing small investors now regarded as a money-losing business LAT-WP THREE years ago, Wall Street brokers had one message for small investors: Buy, buy, buy. Two years ago, everybody found out that the message should have been: Sell, sell, sell.LAT-WP - 572 words
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Article2465 2003-05-21 13 Transaction date: May 20 KUALA LUMPUR Va l General Sotl 1.26 undi 0 RM W- C000) Genfng 1210 -0 20 1504 George Kent 024 0 04 6 ASM Realty ....0.69 undi 1 GlobetronicsTech 4.68 -0.02 2 Aboc 069 0.02 141 GlomacBhd 1 48 0.03 300 ACP Industries 3.77 undi2,465 words
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Article879 2003-05-21 13 Transaction date: May 20 Mm*—« WW Oaaa Q*t» I SUdi WW Otm Chaoy Aflgrecn 50c 0.41 0 835 *0.010 NatStt* 50c 0 59 2 480 -0010 OK 0.60 4.740 *0-040 OCBC 895 9150 *0050 CapitaLand 110 1070 OUt 0 53 5750 -0050 Chart ScrraCond 26c 089 0 760 *0010879 words
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Article540 2003-05-21 13 BONDS WARRANTS Last Vol Can* bar *Mk Sate —c- mm tmt» Pito tm Ufc AST1W*****1 4 -0.5 44 1 16 54 3.25 13 Acma Ltd W*****6 2 -1 SO 700 U5 II Amtek W*****0 54 1 33 -2 1.64 2S Armstrong W*****0 iS unch 940 1 10 47 3.40 12540 words
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Article6145 2003-05-21 14 Transaction date: May 20 U Wk List Vol Day Kit Quota GrfMv Mv GrYW Net MCjp High low Comply Sale *l- (HOP) Wg» law Bwyer Seller Cvr S H W ABNAmroNLG 56c 9 12 14 138 8 IB 9 ACE Dynamics20c 14 +1 57 14 13.5 135 14.56,145 words
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Article65 2003-05-21 14 U-Wk LM Vol Oa* IMQmM GrO»v M» &rYW MM MCjo Hl» Lw Cl—My Site W- C— m> Itm Whr Cw W Id *10 99 Diamonds US8780xd 4020 2700 ISDJ USTecti US3740cd 555 555 ISMSCISpOf* USS5S ***** BOO I55AP500 US8270cd ***** S28C 5PDRS US8280cd 1747 1230 STIETflOO 1350 unch65 words
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Article1587 2003-05-21 14 S2-Wk Lai Vol Day LaaQuote GrOrv Okr GrYU MM MCap Lew Conway Ml W- ooo Higk Iam Buyer Saiet Cm HI OA IBS 75 ABR Hldgs Sc 11 *0.5 118 11 105 10.5 11 212 24 15 APOUSc ISxd -1.5 31 18 18 18 19 5 27 21,587 words
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Article321 2003-05-21 14 U M Last Vol Day Lad Quota Gfttr D»v GrVW MM MCaa low Ciiwi Sate w- f»> Law fciyar Var Cw %>«$■■ 123 81 AV Jennings A25< A119 unch 42 120 118 118 120 40 3.4 14 6.9 2561 Cathay Pat 20c HK720 265 2.1 7A 6 *****2321 words
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Page 14 Miscellaneous
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Miscellaneous365 2003-05-21 14 CBTPTIC CROSSWORD ACROSS 1 The next people seen on tele- |j W HI U W j "HHR —hc vision (10) 9 Pass a swimmer (4) 188 |Hf jHf jHf 10 This comer's not right (5,5) 11 Game played in clubs by a 110I 10 12 Cut one's HRT prescription bird365 words
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BT motoring
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Article, Illustration770 2003-05-21 15 Samuel Ee - Despite starting late in the game, the distributor believes it can still take on the seemingly entrenched competition, reports Samnel Ee Samuel Ee AUDI distributor Premium Automobiles is planning to corner the performance sedan segment of the Singapore car market and hopes to overtake770 words
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Article, Illustration175 2003-05-21 15 Samuel Ee - -By Samuel Ee THIRTY-FIVE vehicles were put up for auction yesterday at Turf City, after they were repossessed by a bank. Colliers International executive director and auctioneer, Grace Ng, sold 21 for nearly $700,000 and reckoned it was a good day. "The response was pretty goodARTHUR LEE - 175 words
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Article335 2003-05-21 15 Samuel Ee - LTA website asks for more info before processing enquiry By I Samuel Ee CHECKING out a car's Parf and COE values on a whim is now going to be lot more difficult. Previously, if you wanted to find out the exact value of any335 words
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Page 15 Advertisements
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Advertisement73 2003-05-21 15 ¥¥71 A 1 1 i, Presented Diners Club Credit Cnrd to apply, can.- 6416 0980 Where to wine, dine End entertain*** veW,i,eBes&Tre is iSIBi Feoturing New A-Lo Corte Menu Outback Steak House (6837 3242)... Enjoy 10% discount on the I delight in succulent and sumptuous steak with my Diners Club73 words
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Advertisement150 2003-05-21 15 Ej $5.80 Nett Per Item Vr With FREE Choice of One Coffee/Tea'Soft Drinks or Chin Chow Oyako Don (Chicken Egg with Rice) Penang Fried Kway Teow Slice Fish Hor Fun t Hainanese Mutton Stew Sauteed Chicken with Chinese Sausage It's lime All Day nett each JiqtiSlJ.OO nett each tut Itut150 words
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Advertisement133 2003-05-21 15 Rewarding you everyday with Diners Club Rewards... Patara Thai $20 Meal Voucher China Jump Bar Grill $20 Dining Voucher Siam Kitchen $20 Suki Steamboat Voucher Stix Noodles A Rice $15 Voucher Swensen's $20 Voucher Intermezzo $30 FAB Voucher Paulaner Brauhaus $20 Voucher Shin Fuku Sushi $20 Voucher Renaldo's Apple St133 words
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Advertisement13 2003-05-21 15 num nwtipowinnino HBsHM x pivcd vnufr od < MPOM *****2 roe PBBMinons LL 141113 words
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Advertisement78 2003-05-21 15 Lianhe Zaobao Tussle I for I BIL I hotting up? I I I THE NEPTUNE COI 1 V I Q. UA T 25% SAVINGS ON LUNCH DINNER* Now till 30 June 2003 Step out and feast on Dian Xin and Cantonese delicacies at an incredible value today! *Offer is i<alid78 words
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EXECUTIVE money
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Article1203 2003-05-21 16 GENEVIEVE CUA - GUARANTEED FUNDS Capital guaranteed funds have hardly made any money, and some may slip into the red. Is this an appallingly low return or does it come with the territory? GENEVIEVE CUA reports GENEVIEVE CUA MORE than $300 million worth of guaranteed funds have either matured1,203 words
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Article, Illustration328 2003-05-21 16 Genevieve Cua - Providend charges $2,500 to $3,000 per plan, does not take commissions By Genevieve Cua NEW financial advisory firm Providend, which entered the market yesterday, claims to be the first feeonly independent adviser here. Most other independent FA firms are fee-based, as clients are said328 words
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1072 2003-05-21 16 Robert Halili - INSIDE I Battle for BIL intensifies with Oei, Quek jostling in market; more forced selling seen in Heshe By Robert Halili BEARISH clouds are looming on the horizon with a sharp rise in selling by insiders in the first 12 trading days1,072 words
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Page 16 Advertisements
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Advertisement460 2003-05-21 16 Haier mobfle phone II A <■ s I jI *>* T Signature <S/yfe... 7% Grafted to perfection, the slee/t pen-shaped mobile phone, Jfater 7*5 revised the masterclass of communication for your every need featuring voice-recorder, polyphonic rmytones, laser-beam pointer, TOO phone booh entries, blue screen and many more ~Jhe stylish460 words
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Advertisement97 2003-05-21 16 This is a progressive mestop high lech printing solution business *ith e-commerce facilities It offers digital print on demand, offset printing, plan printing, photocopying and a wide range of value added services. Hith strong support froni regular MNC A GLL clients, the seller secures more than SMO.COO in diurrtionarv earning97 words
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BANKING & FINANCE
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Article, Illustration536 2003-05-21 17 Wong Wei Kong - -By Wong Wei Kong ITS one of those times when the bad news seems to overwhelm the good. War, recession and disease have left their mark and the mood in the banking and financial industry is decidedly subdued. Still, there are opportunities out there, despite the risks,536 words
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Article37 2003-05-21 17 Wee Ee Cheong on UOB PAGE 2 Jackson Ta\ on DBS PAGE4 Servicing the wealthy page 4 E-banking for SMEs page 6 Outsourcing checklist PAGE 7 U li I ll ill mining uie neamanas PAGE 937 words
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Article, Illustration979 2003-05-21 18 CATHERINE ONG - As the Singapore economy reels from the side effects of Sars, UOB president Wee Ee Cheong tells Catherine ong how the bank will stay healthy and continue on its regional drive CATHERINE ONG AT the height of the Sars outbreak in Singapore a few weeks ago, Wee EeARTHUR LEE - 979 words
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Article932 2003-05-21 18 UNITED Overseas Bank's vice-chairman Wee Ee Cheong said it will be a "bonus" if the Monetary Authority of Singapore extends the deadline for local banks to comply with the requirement to divest non-core assets. He added that UOB is working at meeting the 2004 deadline which932 words
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Article, Illustration770 2003-05-21 18 WAR, terrorism, accounting scandals and now, Sars. It's hard going for an investor these days, but even now, there are things you can do to protect your portfolio. One strategy is to maintain a healthy balance of bond and equity investments. That's because SmithAFP PHOTO - 770 words
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Article, Illustration1008 2003-05-21 20 SIOW LI SEN - Jackson Tai tells siowlisen about DBS' approach to acquisitions, the bank's progress, and leading by example SIOW LI SEN DBS Group Holdings is on the lookout for acquisitions, said its chief executive Jackson Tai. But there's no hurry. With continuing asset deflation and the retreat1,008 words
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Article, Illustration1058 2003-05-21 20 DANIEL TRUCHI - What are the issues to keep in mind when the high net worth take their assets offshore, and where is the best place to go? Daniel truchi elaborates DANIEL TRUCHI THE wealth of the global rich'is growing, especially in Asia, where private banks in the region saw1,058 words
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Article656 2003-05-21 20 NICHOLAS WENSON - The coffee's great but priority banking must not losesight of what really matters, says mkholas winsor NICHOLAS WENSON MOST, if not all, priority banking in Singapore is positioned as a re-lationship-driven proposition premised on a needs-based approach. Yet, these relationships tend to lead off from the size656 words
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Article, Illustration1011 2003-05-21 22 HONG CHING WEI - SMEs have much to gain from Internet banking, not only in greater convenience and lower costs, but also in deepening their relationship with their bankers, ching wei hong explains CHING WEI HONG MANY small and medium-sized enterprises (SMEs) feel that high-end software applications are too complex and expensive1,011 words
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Article, Illustration1084 2003-05-21 23 KPMG - It makes sense to outsource a bank's 'assembly line' functions like transaction processing, but is it viable to do the same for services? kpmg looks at the issues KPMG OUTSOURCING has proved a logical move for banks at least where "production line" activities like clearing services are1,084 words
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Article, Illustration1269 2003-05-21 25 RICHARD LAI - How should big-city banks adapt to reach the HDB customer? Richard lai has a few suggestions RICHARD LAI THE heartlander has become the new focus of banks, and many including foreign players are fanning out from the business district into the HDB suburbs. Since April 1,1,269 words
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Article, Illustration918 2003-05-21 26 TAN BENG LEE - While there will always be a need for insurance, agents today must go beyond product peddling. Giving sound financial planning advice and providing professional service will be key to retaining customers and winning new ones, as the lines blur between insurance and financial services, tan bemc lee918 words
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Article, Illustration1379 2003-05-21 27 CHRIS MATTEN - Banking is about to become much more complex, as Basel II tightens risk management and capital adequacy rules, writes chris matten CHRIS MATTEN SINCE 1988, banking regulators around the world have been assessing banks' capital adequacy using a common blueprint, set out in the Basel Accord1,379 words
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Page 17 Advertisements
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Advertisement253 2003-05-21 17 Coordinator. Wong Wei Kong Editor Elaine Koh Sub-editor Michelle Low Artist: Gareth Chung (cover design) H^^^H^^Hi|P> /g a nw a, JHM| tl/M IlWimk: lal^H^^^H ■P. *l >^9l^^H H|| ||^^H Kl m —> HH ■alt J m^^WKm.l Ub ctE?-g ■r jt* r jt^^l^m The new S2BO. Comes with PRE-SAFE, AlRmatic and253 words
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Page 19 Advertisements
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Advertisement610 2003-05-21 19 I.The return of investors' initial investment is achieved by the sub-fund investing in fixed income instruments which will be bought from a number of financial institutions.These financial institutions will have a rating of at least an A or A 2 as determined by Standard Poors, Moody's Investor Services Inc or610 words
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Page 21 Advertisements
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Advertisement202 2003-05-21 21 In your 30-something years of life have you ever really, truly lived? f I* \s W a) ...er...what's living? b) I'm too scared to, o) I'm ready to live it up, Life has a way of recognising couraqe. danng. energy L Two cards wh,ch don 1 ,JS < <Jehver unequal,ed202 words
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Page 22 Advertisements
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Advertisement280 2003-05-21 22 Schroder Asian Bond Fund Now is the time to make the investment decisions you've been corporate borrowers in debt markets in Asia. Since inception, putting off. Schroders is proud to introduce the Schroder Asian it has returned 14.5%p.a. 1 and so it's hardly surprising that Bond Fund. A Fund that280 words
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Page 23 Advertisements
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Advertisement144 2003-05-21 23 I THE NEW VOLVO SBO THE NEW VOLVO SBO GOES BEYOND THE COMMON DEFINITION OF LUXURY. YOU'LL FIND ITS SPACIOUS AND QUIET INTERIOR COMPLEMENTED WITH LUXURIOUS APPOINTMENTS EVEN AS YOU EFFORTLESSLY ACCELERATE VDLVO FROM 0 TO 10OKM/H IN 7.7 SECONDS WITH ITS ALL NEW ADVANCED 2.5T ENGINE, YOU'LL EXPERIENCE A144 words
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Page 24 Advertisements
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Advertisement80 2003-05-21 24 JSsJifH '.®|i/'S3ilife®'iSsf JSL B^Ksj-;»* y iMc W£ y/* iiff PMP^ 1 CA#s Q»«£ -'i* a ■KPs* OE?SS& V'. sis -^hfafe^3Nyl3^^ l wWK^^^^riMWfei. *W* j^Ktmr' m JfiHEMHnuysr\ Innovation, performance, team spirit... While we f Ki. HAVE ALWAYS SHARED THE M SIMPLY LIKE TO SAY TO TEAM ALINGHI: r .i IB j,80 words
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Page 25 Advertisements
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Advertisement169 2003-05-21 25 .j. 1 tm N klw 1 m FOR A PRIVILEGED FEW, THE LUXURY OF OWNING A VERTU HANDPHONE COMES WITH THE NEW VOLVO SBO ITS NOT OFTEN THAT YOU'LL FIND A CAR AS LUXURIOUS AS THE NEW VOLVO SBO. JUST LIKE ITS NOT OFTEN THAT YOU'LL COME ACROSS AN EXCEFTIONAL169 words
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Page 26 Advertisements
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Advertisement181 2003-05-21 26 Accelerate your cash flow with International Factors Singapore. Worried about slow-paying customers? Uncollected accounts receivable can bring your business to a dead halt. Factoring with International Factors Singapore can ease your worries. Easy access to working capital. Under a factoring facility, we'll give you cash advances of up to 90%181 words
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Page 27 Advertisements
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Advertisement219 2003-05-21 27 [Invest for the future and protect your present with free SARS cover. medical cover including SARS For a limited time only, invest a minimum of *****0, as a single premium, or as a regular premium, any INSPIRE plan. And receive a free AXA Prime Care medical plan for one year,219 words
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Page 28 Advertisements
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Advertisement214 2003-05-21 28 Trust us to be voted number one by the world's most discerning readers. d i *^fil TIME FORTUNE 'Global Financial Images 2002' Survey The figures speak for themselves: Most established insurer both globally (64%) and in Asia (70%) Most trusted insurer both globally (31%) and in Asia (40%) Highest rating214 words
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SHIPPING TIMES
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Article281 2003-05-21 29 Reuters THE Baltic Dry Index rose 18 points to 2335, the Baltic Capesize Index rose 52 points to 3135, the Baltic Panamax Index fell 4 points to 2311 and the Baltic Handymax Index rose 49 points to *****. TIME-CHARTER: Gran Trader (built 2001) *****0 dwt delivery Continent 28Reuters - 281 words
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Article280 2003-05-21 29 MX '000 MS*** a m CWT Distribution—0.58 0.01 1 Chuan Hup 0.38 unch 155 CH Offshore 0.19 unch 20 Cosco Investment-.0.25 -0.01 2479 Freight Links 0.04 unch 200 GB Hcainqi 3 56 unch 1 Jaya Holdings _0.34 unch 4370 Keppel Corp 4.44 -0.02 1444 K1 Venture 0.17 unch280 words
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Article, Illustration699 2003-05-21 29 Donald Urquhart - New third tier to supplement compensation available under two existing funds By Donald Urquhart [SINGAPORE] Increased levels of compensation will soon be available to victims of pollution from oil tanker accidents following the adoption of a new third tier by theAFP - 699 words
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Article, Illustration87 2003-05-21 29 AFP [BASRA] Iraqi children swimming in front of the rusting Iraqi cruiserliner al-Mansur, destroyed by US-British bombing during the war, in the Gulf waters of the southern port of Basra. The port, Iraq's main harbour and only deep-water facility in the country, is aAFP - 87 words
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Article132 2003-05-21 29 Bloomberg [HONG KONG] The Kwai Chung container terminals, which handle two-thirds of sea cargo in the world's busiest port of Hong Kong, handled 5.4 per cent more traffic in April than a year earlier. Kwai Chung processed 1.03 million standard 20-foot containers last month, YikBloomberg - 132 words
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267 2003-05-21 29 Reuters [SYDNEY] Australian shipping group Adsteam Marine Ltd said it plans to sell noncore assets in a restructuring of its operations, and take a series of writedowns which will push it to a loss this year. Adsteam, which plans to focusReuters - 267 words
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Article, Illustration333 2003-05-21 29 Donald Urquhart - Hemming Jacobs among those leaving board set np for strategic inpnt By\ Donald Urquhart [SINGAPOREI Change would appear to be the order of the day at PSA Corporation. After a significant management shake-up and massive retrenchments, PSA has now followed up with333 words
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Article, Illustration749 2003-05-21 30 David Hughes - STRAIT TALK -By\ David Hughes BARRING unexpected problems the International Bargaining Forum (IBF), which will negotiate seafarers' pay rates on open registry ships, will be up and running by the end of this year. As argued in this column last week,FILE PHOTO - 749 words
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Article204 2003-05-21 30 PAGE Avant 6 B'tang Mas 5 BSA 4 BSC 6 BTL 6 Cargoways 6 CMACGM 3 COSCO 3 Chahaya 6 China Shpg 5 Confer 6 CWT Globelink ...4 Delmas 4 Dongnama 3 EP Carriers 6 ECL 3 Eng Lee 6 ESP Lines 4 Far Shpg 5 Foong204 words
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Article13986 2003-05-21 35 thebusinesstimes EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Adv*rtis*r V*ss»l Voyeg* Telephone SIN Dest'n Nam* Name Number Number SIN Dest'n Nam* Nam* Numb*r Number To CALLAO (CLL) 2064 Paru To ABIDJAN (ABJ) 2003 Coto D'lvolra 02/06 04/07 mol andreas wmc 45-*****404 28/05 22/06 MOL PiO NED13,986 words
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SHIPS IN PORT
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Article575 2003-05-21 37 Wggj Voy Mo frfth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL ALPHAHARMONI 70 J4/5 A/SlZE 21/05 2300 BLUE STAR *****3 J3 A/SIZE 21/05 0200 BTN DIANA *****3 it A/SIZE 21/05 0600 FRIOADRIATIC ***** J6 A/SIZE 21/05 2300 GOLDENMULIA JB0503 J12 A/SIZE 21/05 0400 JASMINE ACE 54 J7 A/SIZE 21/05 0600575 words
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Article1345 2003-05-21 37 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vessel Out In Bth Berthing Un- Berth Name Voy Voy seq berthing Nmbr ALAMJAYA 2 8846 8846 1 2205/2003 10:00 2205/***** 9Q0 ALTONA 0337 0336 1 21/05/2003-06:00 2105/2003-12:00 K10 AMBER 1 046 046 1 21/05/2003-07:01 2105/2OO3-19OO B03 AMBER 1 046 2 21/05/2003 201,345 words
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Article137 2003-05-21 37 May 20 U.K.: Spring Bank Hoi U.S.: Memorial Day May 29 Indonesia: Ascention Day France: Ascention Day Germany: Ascention Day May 31 Brunei: Armed Forces Day Jon 1 China: Children's Day. Jan 2 Italy: Anni of the Rep. NZ: Queen's Birthday. Jon 4 Hongkong: Tuen Ng Festival. Taiwan:137 words
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Article780 2003-05-21 37 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem Market movements are indicated The Cockett Bunker Price Index change and the780 words
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Article456 2003-05-21 37 C*taa «9 MM ®05' C 7 IS J 0.04 M4 0 03 M«« IS 0*MJ1« M»t#r III I— tiMMMH SWl—«t Itort E2S 4 0 3 0 =222—2i!—=2= »oa m 9H2 «j OJ L»4 o« 340 MM 9919 15 0.07 74 005 mr) %w vrt__w_wag On mow456 words
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AIR & LAND transport
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353 2003-05-21 38 AVIATION'S SABS WOES Figures for week ended May 11 show that Sars is still discouraging travel Bloomberg [BRUSSELS] European airlines' passenger traffic on Asian routes plummeted 29 per cent the week ended May 11 as the spread of Severe Acute Respiratory SyndromeBloomberg - 353 words
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Article194 2003-05-21 38 Reuters [KUALA LUMPUR] Newly revamped Malaysian Airline System (MAS) posted a fullyear net profit of RM339.1 million (*****.37 million), making a turnaround after a fiveyear run of losses to beat consensus forecasts. "The outlook for the immediate six months of the new year is greatly influencedReuters - 194 words
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Article, Illustration380 2003-05-21 38 Bloomberg [HONG KONG] Beijing Capital International Airport Co, China's biggest airport manager, said passenger traffic plunged 88.3 per cent in the first 18 days of May as severe acute respiratory syndrome put people off traveling. Traffic on domestic routes dropped 89.3 per centBloomberg; AP - 380 words
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248 2003-05-21 38 AFP [TAIPEI] China Airlines (CAL), the largest international airline in Taiwan, is encouraging its crew members to take unpaid leave as the number of passengers plunge due to the Sars outbreak, a CAL spokesman said. CAL was also offering an early retirement schemeAFP - 248 words
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Article196 2003-05-21 38 Reuters [HELSINKI] Flag carrier Finnair reported a wider First-quarter loss yesterday due to globally weak demand for air travel and said the depth of 2003 losses would depend on the Sars epidemic. "Despite the adjustment measures under way. Finnair's operational result for the full year isReuters - 196 words
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395 2003-05-21 38 Elevator controls, overweight plane possible causes Reuters [WASHINGTON] Government investigators were to focus on maintenance and aircraft weight when hearings began yesterday into a January Air Midwest crash that killed 21 people in North Carolina. The National Transportation Safety Board plans toReuters - 395 words
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LOG Book
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104 2003-05-21 38 Reuters [NEW YORK] A US bankruptcy court has called for the appointment of a trustee to rim Hawaiian Airlines, approving a request by creditor Boeing Capital that was opposed by the company's chief executive John Adams. In approving the motion for a trustee, JudgeReuters - 104 words
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109 2003-05-21 38 Reuters [BONN, Germany] The chief executive of Germany's Deutsche Post World Net said on Monday he did not see any regulatory problems with its planned takeover of Airborne Inc, even though rivals are opposing the deal. "The takeover is legally OK. We're relaxed aboutReuters - 109 words
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71 2003-05-21 38 Reuters [CAIRO] Flag carrier EgyptAir said on Monday it would ban smoking on all its flights from June, a move which could cause consternation among the more than 12 million smokers in the Arab world's most populous country. EgyptAir chairman Ahmad al-Nadi saidReuters - 71 words
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Article73 2003-05-21 38 Bloomberg [SYDNEY] Sydney airport handled 15.7 per cent fewer international passengers in April than in the same month last year, reflecting the impact of a deadly virus and the war in Iraq. Total passenger traffic at Sydney airport, Australia's biggest, fell 2.7 per cent last month,Bloomberg - 73 words
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Article1942 2003-05-21 38 an Fucrn rr* rucm rn> MM. IK9771 m TJO S0990 0105 S0230 *3$ t—01 ***** 1910 C2J52 0810 kaMtUm SO 32 3 0640 HUM 2255 C2351 2305 ***** «B 0*975 0855 ***** 2345 Itart **741 1325 S0176 1035 *1837 1455 SOnS «30 **740 1430 ttkm *****1,942 words
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Page 29 Advertisements
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Advertisement9 2003-05-21 29 STRAIT TALK Time to drop FOC debate Page 29 words
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Page 30 Advertisements
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Advertisement904 2003-05-21 30 I TO USA/CANADA I EXPORT I I OTHER DESTINATIONS I VBSa VOT I PK6 ETASIM| LOMGKACH l IXUIAS I HOUSTOW I MHWWS ICMKAGOI WtWYO«K 11 II TO AUSTRALIA (AUSTRALIA ASIA EXPRESS) PlO NEDIUJYD SIUYVBANT 16E21 20/05 21/05 (MM 10/06 13/06 11/06 11/06 IVO6 |VKia VOY ETA SIN KG Mt SYD904 words
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Advertisement507 2003-05-21 30 lira* services represented by Members of lU RegisJry of J. WUmbwS AcaJW Shipping Ag«,, *"SW" N'*" Singapore Shipping Associcrtion Q ULY UNE MALI /'vissa vo» n» m m P.KLAWG SfOtt WUU Princess Uly 0403 14/05 16/05 25/05 Mold Star 539 A 23/05 25/05 03/06 Princess Uly 0503 04/06 06/06 15/06507 words
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Page 31 Advertisements
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Advertisement1329 2003-05-21 31 TO EUROPE FROM EUROPE IVBSa VOT SIN GIT MM AM HAM MV SOU tIH IiVBSa [WY HTM MO HM> WV SOU IB! SM 1 API COtAl 112W22/OS 11/06 13/06 09/06 HYUOWPOeiUNE 31« OS/OS 07/05 09/05 03/05 24/05 WOt PERFORMANCE 009W 23/0504/06 09/06 11/06 13/0614/06 NUIMIBRfTY 0131 06/05 08/ OS 09/051,329 words
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Advertisement1413 2003-05-21 31 "IKIADE OIIR SERVICE FROM SINGAPORE TO BUCK SIA VU PORT Uif OOESSA (VKRAIK) 19 DAYS MM MORS M SMGtfOti: NIOMISOHROfII-M SAUS/M6S TIL *****157/4) ML 62MSWI/I4 I 2 COSTAR SHIPPING PTE LTD »wo»oumi outwudh/i) mmsioi tmuis/n I CONSTAIITZA (ROMANIA) 23 DAYS a»iiwwoo£l KLintiwiUMi MWMD(D/OI MMS;M 42MSiu/w I T/«»0ff *****125 *****314/44 I1,413 words
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Advertisement558 2003-05-21 31 |yga I ¥PT |MlI HE I Pflll I TWI I HK6 |Ka| BH I SHA INW VBSfl VOY SIN JKT HKG KHH INC PUS HONGKONG SM 008W12V5 1 24/5 77/5 1 30/5 1/6 2/6 5/6 40 \l7T\ HYUNDAI PROGRESS 061S 2t/> 31/5 S/t 4/4 9/4 11/t Ijjgfiag 90y|?w?|3V? 3/t Vt558 words
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Advertisement1276 2003-05-21 32 HMAfHYUNDAI MERCHANT MARINE CO., LTD. Hmpni: wwwJmm2l.<mi CR NO. **********0N jvesa voy aw sou t» ki» ant ham I»v I [vessel vot sou leh rtm ant hah wv TIT* HYFRBOM 313W 19/05 10/ M 04/04 04/04 01/04 MOIPtKBION OOM 02/05 03/0$ M/ 04 N/04 10/0$ API CORAL 112W 21/05 01/041,276 words
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Advertisement1488 2003-05-21 32 WAN HAJ INTERNATIONAL PTI LTD a NOt **********07 iiiAII II 1 I liaire <'«"»«) FAX:*****163 V\ra 1 WAN HA MNrS GntalMr Sarvta/loofckgi Dirtd l«a (1800) *****200 1 111 mill llfll *****J Htm:inin<ii«iiwuLiMin<aa»nnD<iamMiM:imwtiw JWII. (07) 2514T0 ML *****5 W7I SUIIB. (Ml I J7H475 ML Ml) JW2714/ *****DS www waakii cam ta1,488 words
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Advertisement706 2003-05-21 32 BSA^ MYANMA SB FIVE STAR UNE (Myamor Notioßoi Um) Loading for Ya»fM vnsa voy sin m pen ran PAGAN 304W SlO HPA-AN 307W $10 IN MALAYSIA: IOUSTIAD SHIPPING AGENCIES KUL- 03-*****)00 PKL: 03-317*4101 PEN: 04-*****02 BANK LINE (A strvict of Ai>dr«w W#ir Shipping) 1 NOHTH6QUNP TO lUKOPI V CONTAINER, RORO,706 words
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Advertisement1231 2003-05-21 33 IVISSII VOY KHH HKO SIN PKL PXI I PMM UK IRAN HO«MOZOAN PCI 312 20/03 21/03 24/03 23/03 01/06 02/061 03/06 10/06 IRAN TEHRAN PCL 313 27/03 23/03 31/03 01/06 03/06 09/06 13/06 17/06 UNDAVIA PCI 314 03/06 04/06 07/06 03/06 13/06 16/06 22/06 24/06 IRAN KERMAN PCL 313 10/061,231 words
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Advertisement532 2003-05-21 33 I k UK CONTINENT SERVICE Loading for SMART RDM/ATW/BMN/UK/NAN GULSER ANA RDM/ATW/BMN/UK/NAN Loads Singapore, EVW Malayata. Indooeata MIDDLE-EAST SERVICE Loading for BRAVE JOHN JDH/AQA PRABHU DAYA DBI/ABU/DOH/BRN/DMM/KWT PACIFIC SUN II JDH/AQA NEW BARONESS DBI/ABU/DOH/BRN/DMM/KWT IRINI DBI/ABU/DOH/BRN/DMM/KWT "Loads Singapore, EVW. Malaysia, Indonesa USA SERVICE Loading for AROURA AMETHYST CAM/NFK/SAV/NOL ALFONSO MZLAAX/VCW532 words
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Advertisement1335 2003-05-21 33 -ffisa m m m jim m m -MJANOa 8512* 22/ os ftIAMIATA 7 tttt n/os 25/05 mum aaa urn ricumi 1222 2*/ os m -WM*M OSS4* 24/05 24/05 MM»UT*7 lUZ OM iIM -ttUAfBA ma 2S/0S 24/05 PACOWTAM 910j .01/0* 05/0* fAtiAHpA SM 2zzw u m P*c UHDt 0957N 21/05 ?9,051,335 words
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Page 34 Advertisements
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Advertisement728 2003-05-21 34 UGH BRIDGE 083N 23 24/05 31 01/06 06 07/06 I TIGfR SHARK 084N 27 78/05 04 05/06 10-11/06 I TIKRSKY 085N 30 31/05 07 00/06 13-14/06 I TIGEISEA 006N 03-04/06 11 12/06 17 11/06 I TIGaUIOGE^OJ7N^OM7/O^^l^s/o^^2a7l/Oj SHI iNESISoiS m 2JWOS 3TWO4 I TIGER IYtON 514 26 76/05 01 02/06 12728 words
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Advertisement923 2003-05-21 34 I VESSEL NAME VOY SINGAPORE PORT KELANG CWTTAGONG MONGU EW nA ETP [TA ETP ETA [TP PC LARK 01II0S0 THU 22/05 23/ OS 24/ OS 2»/0S 01/0* PC DIGNITY 06N06S ~SUN 25/ OS 26/05 26/05 30/0S 05/0* NEW SEA STAR 10N010 FRI 30/05 31/05 01,06 04/0* 07/0* PC TEAL *****40923 words
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Advertisement1136 2003-05-21 34 I Tfh IPDZ LINES I MMm customs savant: 01-4221-ss« wtonm-ow I |s»GAPO«E:TONOJOO SHIPPING PTE ITP Em* I MMWSI 312S 20/65 GWENG 3017 1 24/0S VMBU 80H 20/05 ggg 1011 10/051 taciAnr. |a 6314 Im/Oslm/O^ HMUMSS Mil n/M CIS WEI 3027 25/05 16. CEMPNUI 3017 M/Oi S.MIMN 3011 14/0$ «UAM |INJO71,136 words
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Advertisement218 2003-05-21 34 mmmm BREAKBULK A CONVENTIONAL SERVICE DIRECT SiRVKE FROM STORE TO KARACHI VISSiI VOYAOf ETA SMGAPOM tTAKAMCH 007HW 10/04/03 74/04/03 SEA-PAC MANAGEMENT PTE. LTD. 70 Anion Rood #17-07/ OS Apex Towr, Singapore *****3 T«Uphon«: 6270 0977 Vll FotMmiU: 6275 2309 Taiax: RS ***** SiAPAC DWECT SIN NAMPO, D.PJR. KOREA vtssa votm218 words
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Page 37 Miscellaneous
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Miscellaneous121 2003-05-21 37 lone. I FOR 7AM 21 May 2003 Issued by Meteorological Service Division.NEA LEGEND: Thunderstorm Wind speed symbols v 7 Showers Fu circle **/o line indicates calm or light and variable winds R a j n One half fleche represents 5 knots Cloudy Day -One full fleche represents 10 knots x121 words
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