The Business Times, 29 August 2003

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Total Pages: 86
1 86 The Business Times
  • 16 1 MITA (P) 024/03/2003 85C THE BUSINESS TIMES SINGAPORE n .tcrr.o'i. nttp://business-times.asial .com.sg FRIDAY, AUGUST 29. 2003
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  • 1712 1  -  Analygfjg «—Utr ih* i> expected CPF cat would ease initial contraction By Chuang Peck and Anna Teo [SINGAPORE] The initial impact on the economy would still be contractionary, but not half as severe as earlier expected. Indeed, having been primed for a 6-point
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  • 303 1 More companies may set up own pension schemes, while individuals will have to cut costs and boost personal savings. Pg 4 Over a third of members servicing mortgage payments from their CPF accounts have monthly payments equal to or more than their Ordinary
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  • 841 1 EDITORIAL Every few years, that pillar of the Singapore economy that is the Central Provident Fund (CFF) has seen refinements and adjustments In one direction or another. But the sweeping changes in the CPF system announced by Prime Minister Goh Chok Tong in parliament
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  • NEXT page
    • 672 2  -  But others say govt has struck a good balance with the wage measures By Serena Ng [SINGAPORE] Will the latest overhaul of Singapore's Central Provident Fund scheme send out a strong message to companies and potential investors, or is it really an insufficient
      PHOTOS: ARTHUR LEE  -  672 words
    • 590 2 Retailers fear drop in inceme will dampen spending ZfyAagaiaTMi V [SINGAPOREJ-*alAng the Gopds'and Services Tax (GST) would increase Operating costs that will eat into or even neutralise the savings companies will enjoy from the CPF cuts, economists and retailers warn. This is
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    • 974 2  -  By Genovieve Ona [SINGAPORE] The adjustments in the CPF rates and the monthly salary ceiling for contributions turned out to be more moderate than expected, but die biggest impact is still expected to be on the middle-income earners, in particular those between
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  • CPF: IMPACT
    • 634 4  -  They offer to extend loan tenure or add co-berrowers to help repayments By Serena Ng CPF cuts will make it harder for many people to service their housing loans, but Singapore banks said yesterday they will help out DBS Bank, United
      ARTHUR LEE  -  634 words
    • 780 4  -  Let centributions be variable component: PwC director By Teh Hoot Ling COMPANIES will now have to play a more active role in providing the second pillar of retirement savings for their employees following changes to the Central Provident Fund (CPF) scheme.
      780 words
    • 568 4  -  Catering for medical cast inflation is tricky By Genovieve Ona ENFORCING a minimum sum for Medisave accounts is one way to make sure people have some savings to meet future healthcare needs, hut the big question is: Will those savings be enough? Insurance will help
      FILE PHOTO  -  568 words
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    • 192 4 -3 Get your Master's degree in Wealth Management. You can now enjoy a more rewarding career Programroa Fmn: with a MSc in Wealth Management. Because at •BperiencedteaJty<*aMi torn senior n!im% J the Wealth Management Institute (WMI), that is academcs with industry experience •j; ''J!" you 1 and successful wealth management
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  • CPF: MARKETS
    • 465 5  -  Property stocks ease bat broad market reaction muted By Ven Sreenivasan DESPITE having had more than a week to respond to impending Central Provident Fund rate cuts, the Singapore stock market stumbled yesterday afternoon as Prime Minister Goh Chok Tong revealed the measures.
      Source: Bloomberg  -  465 words
    • 729 5  -  But analysts say cuts are not as big as feared By Kalpana Rashiwala THE CPF rate cut and other changes announced yesterday will undoubtedly dent housing affordability and affect the perception of property as a default long-term investment. But on the positive side, the cuts
      ARTHUR LEE  -  729 words
    • 133 5 'Certainly Singapore needs to respond to the economic climate and respond decisively. The three-point cut is not earth-shattering but who says the earth needs a shattering? The government has decided on a retuning that is absolutely down to earth.' —Peter Tan, tax principal, PricewaterhouseCoopers Singapore "We are
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    • 168 5 II fci expect performance I A'rM:"'■•■'■yt ,-j v.< jf"' rii i 1 >^rS -^|f§i ??a «n s®sitefSi« f n roae *he Touareg serves as a luxury sedan, and off-road, Car of the Year," says Auto Bild Magazine, Germany. Clearly, a,,ac ts terrain with a mountain goat attitude," says Car the
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  • CPF: PM SPEECH
    • 3132 6 We reproduce excerpts from the ministerial statement by Prime Minister Goh Chok Tong in Parliament yesterday on retiming the CPF WE NEED to retune our CPF scheme to strike a better balance between our social objectives and our economic concerns. We will need to address four aspects of
      ST PHOTO TAKEN OFF TV SCREEN; FILE PHOTO  -  3,132 words

  • Page 7 Advertisements
    • 195 7 Grand CONGRATULATIONS FROM YOUR BUSINESS PARTNERS AND FRIENDS! n ,Snt JOVy3< TETSUJIN T* GOLF t .£tL T Orij ywxt HRMRIO CTBGOLFCOLTD iv /"v sss*soas Hi Vyy I&UHNAFIONAI IMNUMCTUNKW OF MUS POR A KM SMCK WH I HIWIWiTII PlB-LS diamond touch ||BZjlßiiAl| con always In touch NIPPON SHAFTS CO feW K
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  • CPF: REACTIONS
    • 508 8  -  SMRT will see biggest gain, with 7% bottomline boost By Angela Tan LISTED companies could see a one to 7 per cent boost in their fiscal 2004 bottomline as wage costs fall when employers' contribution to the CPF is cut to 13
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    • 660 8  -  By Anna Teo THE onus is now on employers to put their "windfall" savings from the CPF cuts to profitable use for their company and share the spoils, not with shareholders but employees, Members of Parliament said yesterday. Speaking after Prime Minister Goh
      660 words
    • 357 8 'Taking the CPF cuts entirely from the Ordinary Account is contractionary. It is like trying to fix a long-term problem with short-term measures. Funds in the Ordinary Account are quasi-consumption, as many use them to pay mortgages. It is more logical to take the cut from the
      357 words
  • Page 8 Advertisements
    • 174 8 wiwmwvx > 24 hrs, 7 days a week >■ Previous College Square on staffed reception Lygon fully sold in 18 months ■IfIMHI >24 his. 7 days a week > Outstanding Capital Bf V staffed security > Proven'rental growth "J"*""?" 9 P oo 4 BBQ area > Previous College Square on
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    • 38 8 An Exclusive SALE 29TH TO 31 ST Auc V n 1 ISETAN SCOTTS, EVENT HALL, LEVEL 4 (A PRIVATE SALE EVENT AT ISETAN SCOTTS) ISETAN SINGAPORE www.isatan.com.sg Isetan Scotts Tel: 6733 1111. Open daily 10.00 am 9.30 pm.
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  • SINGAPORE companies
    • 576 9  -  HOCK lock siew beth jinks CAN Neptune Orient Lines' new chief executive David Lim succeed in getting the company off its roller-coaster ride of enormous swings in profitability and share price? This, as group chairman Cheng Wai Keung intimated at its happy interim results briefing,
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    • COMPANY Briefs
      • 50 9 PROPERTY developer and wet market operator Heeton Holdings is seeking a listing on Sesdaq, instead of the mainboard it earlier planned, with an offer of 30.5 million new shares at 21 cents each. The offer, including a public tranche 0f850,000 units, closes on Sept 4.
        50 words
      • 32 9 HYFLUX Limited has proposed a l-for-4 bonus issue of up to 62.7 million new shares. This involves capitalising up to $3.1 million from the share premium account.
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      • 34 9 PERTAMA Holdings has lifted net profit to $7.45 million for the year ended June 30, up from $2.28 million. Group turnover rose 14 per cent to $364.3 million.
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      • 40 9 INTRACO has reported a loss of $825,000 for interim 2003, against a profit of $3.9 million in the previous first half, which included exceptional items of $6.5 million. Turnover was $139.4 million, up 21 per cent.
        40 words
      • 35 9 QAF reported a loss of $9.2 million for its second quarter this year, down from a profit of $653,000. Net revenue was 2 per cent up at $209.9 million.
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    • 387 9  -  Deal will result in the loss of 500 jobs and save company US$25m a year By Raju Chellam MAINBOARD-LISTED Chartered Semiconductor Manufacturing has tied up with a China-based foundry to transfer Chartered's older equipment and technology to the Chinese company for
      CHRIS LOH  -  387 words
    • 325 9  -  By Kalpana Rashiwala PROPERTY heavyweight City Developments yesterday posted a 69.8 per cent drop in second-quarter net profit to $10.7 million while first-half net earnings fell 30.9 per cent to $48.8 million. But most analysts were not surprised by the earnings decline given
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    • 375 12  -  Failure constitutes breaches of listing rules, it warns By Andrea Tan L&M Group Investment was publicly rapped by the Singapore Exchange for failing to announce immediately its qualified auditors' report and issuing its annual report five months after its financial year-end.
      L&M  -  375 words
    • 304 12 Firm concerned that they allegedly spoke to media before getting its response THE public spat between the management and several minority shareholders of Ipco International continued yesterday, with Ipco expressing concern at the disgruntled investors' alleged move to go to the media before
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  • Page 9 Advertisements
    • 99 9 Learn to Trade Markets the "TURTLE" Method Singapore August 30-31 Market Wizard RICHARD DENNIS traded $400 into S US$2OO million then taught 22 novices to be J successful "Turtle Traders 4 J Now US Author. Original Turtle. CTA& NFA IJIi member Russell Sands will personally teach j < YOU all
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    • 99 9 I > 'tj J J c k' Y >* <y<" V***" 1 »*s"]£ 'iiVt'"'' ft 7 SBteH" w» c j **r, "V 7 1 *jr-*«: r t "iCT",'' A s ~%*vW x rpfr i ■rrn'el <-- i■A I Jli ft. *t.' J -;Jrrt"-- il]&* 's ,J> 5*4 i -<-_' JT,
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  • SINGAPORE markets
    • Article, Illustration
      311 10 OTHER SINGAPORE INDICES Aug 28 VALUE CLOSE IT0M» -272.00 -126.00 irCOPI -*****.00 -18.00 iriHayMA -*****.00 *27.00 UMBMhi 431.51 +0.01 «Qf|dinnirl 169.43 +4.58 1358.70 +2.27 MrMMnftM 388.80 -4.49 WatlBginn 196.85 +0.36 WWhtw 196.30 -0.50 Stocks Volume Apex-Pal 4c 92,306,000 BBR Hkfcs 5c 84,621,000 Chart SemiCond 26c 39,285,000 SmgPost5c 34.882,000 IPC020C 24,759,000
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    • 269 10  -  By Ven Sreenivasan AFTER leaping as much as 44 per cent from its offer price of 32 cents, the stock of Sunningdale Precision Industries has now retraced to more attractive levels. It closed half a cent down at 40 cents yesterday as
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    • 637 10  -  BT comment STOCKS ven sreenivasan THE stock market gyrated nervously yesterday as players waited for the government's announcement of changes to Central Provident Fund contribution rules. And when the news finally came through late in the afternoon, the Straits Times Index stumbled,
      637 words
    • 613 10  -  BT comment CURRENCIES But gold hits multi-month highs too, in a sign that all is not well for US$ larry wee IT was the New Zealand dollar's turn to get hammered in Asian trading yesterday, as investors continued to desert high-yielders in favour
      Source: Reuters  -  613 words
  • 40 10 UNIT TRUSTS FUNDS LEGBft): Al pricai mfcathw *npt lor Ei Mnggtt MhS teoadhr DtMnMaA I ManvMy Found; S Lonmr ■Mc km* to MMhan RWc A Madhan «o iiigii mtt mtmmwwwmm ■»<umybdi»toono«Mnl>f^Afl» ■itodUMunot unite gofwmwfcto'W: MA- Won Owing Day Boor NrSIOIIS
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  • Page 11 Advertisements
    • 171 11 TOYOTA The badge that outsells all others..: Toyota outsold all other brands across three segments category A saloons, category B saloons and seven-seater MPVs. This further consolidates Toyota's position as Singapore's No. 1 automobile brand" with over 120,000 proud customers at last count Naturally, we're delighted. And overwhelmed by your
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  • Page 12 Advertisements
    • 3614 12 Notices J liability upto 31 03 2002 amounting to Rs 55 85 crores Mk Consequently the Profit for the year is lower by Rs 55 85 crores lAI 111 m M\ wfl. 12 As the Bank is not having Subsidiaries/ Associates/ Joint Ventures V ImVI I Accounting Standard Nos 31.23.and
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  • SINGAPORE news
    • 408 13  -  By Kenneth Lim JUST over a third, or seven out of 19, of Singapore's Cabinet ministers belong to the Prime Minister's Office (PMO), not including a senior minister of state and Non-Constituency MP Steve Chia wondered yesterday if that is too many. No, said Deputy
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    • 359 13  -  Close watch on market with Ghost Month over and CPF cuts out By Andrea Tan THIS weekend has been marked on the calendar of every developer and property observer in town. It's the first weekend after Hungry Ghost Month and more importantly, after
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    • 270 13 BUSINESS people are sitting on the board of the Singapore International Arbitration Centre (SIAC) for the first time in its 12-year history, says the Singapore Business Federation (SBF). SIAC came under the stewardship of SBF in April, after having been allied with the Law Academy
      270 words
    • 330 13  -  Net investment manufacturing commitments hit $51.7b between 1997 and 2002 By Raju Chellam DESPITE companies having scaled back their operations in Singapore, the country managed to attract net investment commitments worth $51.7 billion in manufacturing between 1997 and 2002, including $38.3 billion in foreign investment.
      330 words
    • 304 13 THE Ministry of Law is reviewing the procedures for en bloc deals and is "favourably" considering setting a time limit allowed for the parties concerned to obtain the required consent quota from owners. "The ground feedback is that there are no
      304 words
    • 143 13 THE Consumers Association of Singapore (Case) yesterday came down hard on insurance giant ALA in the latest twist in the "critical year" saga. It hit out against a letter received by some of its members from ALA. In the second paragraph, the
      143 words
  • Page 13 Advertisements
    • 60 13 Most Creative Entrepreneur CONTEST WINNERS We announced Singapore's Most Creative Entrepreneur Olivia Lum last week. Among those who voted in our poll, the following three readers were picked to win a Royal Salute 21 each: Nancy W«l Mol En (1C*****50H), who also wins a Raffles Hotel weekend stay at the
      60 words
    • 331 13 nu MMK im m ma IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTE* Of JIANGZHOU SHIPPING PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) At on Extroordinory General Meeting of the Members of JIANGZHOU SHIPPING PTE LTD, duly convened ond held at 5001 l»odi Rood #07-25 Golden
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    • 924 13 GPindustries GP Industries Limited (Incorporated in the Republic of Singapore) Unaudited First Quarter Report (for the three months ended 30 June 2003) The Board of Directors of GP Industries Limited is pleased to announce the unaudited consolidated results of the Group for the financial quarter ended 30 June 2003 as
      924 words

  • COMMENTARIES & opinion
    • 806 14  -  THE bottom line OPINION William pesek jr Bloomberg WARREN Buffett, Sage of China? It may be time to add this to the list of nicknames by which the Sage of Omaha is known. That's because the world's second-richest man made a big
      Bloomberg  -  806 words
    • 54 14 'If you want to make a lot of money, you don't put Mother Teresa on your compensation committee. In Grasso's case, the compensation committee got influenced by the Wall Street biggies.' -Graof Crystal a Bloomberg News columnist, on the report that NYSE chairman Richard Grasso is being
      54 words
    • 671 14  -  NDFs are now the chief tool for betting on appreciation in currency, especially in China By Vidya Ranganathan Reuters [SINGAPORE] It was 1995 and Mexico had just devalued its peso, triggering a sell-off in markets across Latin America in what became known as the "Tequila crisis".
      Reuters  -  671 words
    • 1238 14  -  Build step by step, says ADB's treasurer. Asian governments should develop domestic bond markets first, before attempting to set up regional markets From Anthony Rowley in Tokyo THE development of an Asian bond market has become something of an obsession among
      AFP  -  1,238 words
    • 396 14  -  MAIL bag Penelope Phoon-Cohen (Mrs) Head Association of Chartered Certified Accountants (ACCA) Singapore I REFER to the report "Outsourcing may grip finance and accounting next" (BT, August 22, 2003). Outsourcing will continue to be discussed and implemented if companies believe they can perform the same work
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  • REGIONAL news
    • NOTE Book
      • 92 15 Bloomberg [BANGKOK] Thailand's central bank may ask lenders to set aside more money to cover bad loans after asking DBS Thai Danu Bank to increase provisions, Fitch Ratings said. "Other banks appear, if anything, even less well reserved and capitalised" than DBS TTiai
        Bloomberg; AP  -  92 words
      • 91 15 Reuters [HONG KONG] Hong Kong's PCCW Ltd yesterday said it returned to profitability in the first half, but weakness at its undersea cable joint venture pulled earnings down to well below expectations. PCCW, headed by 36-year-old Richard Li, reported a HK|7O3 million profit (SslsB million) for
        Reuters  -  91 words
      • 59 15 Bernama [KUALA LUMPUR] German-based semiconductor company Infineon Technologies has invested an additional RM3OO million (*****.4 million) to increase production at its base in Malacca. Managing director and country manager Wilhelm Fluit said the investment, made in the financial year ending September 2003, would support the
        Bernama  -  59 words
      • 69 15 Bloomberg {MANILA] The Philippines failed in its second attempt to attract more bids for its power transmission wires, paving the way for possible negotiations with Singapore Power, the sole interested party. The government declared unsuccessful its second round of bidding since no company
        Bloomberg  -  69 words
      • 74 15 Reuters [MANILA] The Philippines narrowly averted its first recession since 1996 in the second quarter, but analysts warned political risks ahead of next May's election were threatening the economy. But Socio-economic Planning Secretary Romulo Neri forecast growth in the second half of the year. The
        Reuters  -  74 words
      • 71 15 Reuters [HONG KONG] The Hong Kong stock exchange plans to launch a China futures index by the end of the year that is expected to be based on the H-share index of Hong Kong-listed mainland companies, which has rallied 60 per cent this year.
        Reuters  -  71 words
    • 273 15 KUALA LUMPUR Contract probably biggest yet in corporate circle TWO units of US-based Computer Sciences Corporation (CSC), which controls CSA Holdings in Singapore, have won a RMI.3 billion (Ss6oo million) contract to handle the IT outsourcing needs of Malaysia's biggest bank. Malayan Banking
      273 words
    • 361 15 BANGKOK Pipelines, storage tanks planned to compete with S'pore as trading centre Bloomberg THAILAND will invest US$7OO million in oil pipelines and cut taxes for oil businesses to attract energy trading companies and compete with Singapore as a regional oil
      Bloomberg  -  361 words
    • 360 15  -  They pressure British Parliament to intervene against outsourcing From Neil Behrmann in London DYSON, the British appliance group, is confronting unions, following the decision to switch production of washing machines from Wiltshire, UK, to Malaysia. Only 65 jobs will be lost but the
      360 words
    • 501 16 HONG KONG Renewed interest in Loy Yang comes days before a deal with Australian Gas expires Bloomberg GENTING Bhd and Sime Darby Bhd of Malaysia plan to revive a bid for Loy Yang A power station, matching the A 53.5
      Bloomberg  -  501 words
    • 282 16 HONG KONG Peg not threatened by huge Budget deficit as government reserves are large, he says Reuters PEGGING the Hong Kong dollar to the Chinese yuan instead of the US dollar, which it has been linked to for nearly 20 years, is a move
      Reuters  -  282 words
    • 221 16 HONG KONG AFP GLOBAL bank Standard Chartered may incorporate itself in Hong Kong as it commits to being a key play in China's banking sector, it was reported yesterday. The British-based company's chairman Bryan Sanderson told the South China Morning Post the bank is
      AFP  -  221 words
  • Page 15 Advertisements
    • 77 15 KUALA LUMPUR #y Luxury Executive Coac(x~Husiness Class Seats 2D 11N E—y Paduy Pw Pwm Indd: TpMloW<B'h>> jEBSOPBBIBBEagMESfIi *wQan>o—*r KE raTis ,srrHotel Istana $149 $99 vn2nd»nk Coronade $159 $109 Direct to kl Motia* $159 $109 m-oooch movt* Shangrta $239 $149 a++**«* KRZuoiKon fiuv fiw rroiweiorw orwsri •o»»r>ic<rtt i iinrri cnnqim* y
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    • 78 15 APRO is proud to be certified a "Grade A" security agency by the Singapore Police Force APRO congratulates every one of our staff on being awarded "Grade A" by the Singapore Police Force. This grade is recognition of our commitment to service excellence, professionalism and willingness to relentlessly go beyond
      78 words

  • Page 16 Advertisements
    • 1160 16 \Cail toll-free 1800 289 8822 A SUMITOMO MITSUI BANKING |f w CORPORATION AND SUBSIDIARIES (Incorporated in Japan with Limited Liability) SMBC Annual Report for the Year Ended March 31, 2003 I BOARD OF MRKCTOftS (As of Jure 30,2003) Chairman of the Board Aklshlge Okada Prwkltnt and CEO Yoshlfuml Nlthlkawa* Deputy
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    • 501 16 China Leading National Hi-Tech Industrial Development Zone in National Hi-Tech Industrial Development Zone Seminar on Business Opportunities Investment Environment Investing in Western China has become the latest trend among many Sngapore companies. To help them get a better understanding of the available business opportunities and foster a closer relationship between
      501 words
    • 419 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SITACLEAN TECHNOLOGIES PTE LTD (In Members' Voluntary Liquidation) I, Lionel John Kneger. the undersigned duly authorised representative of SITA. which is beneficially entitled to the whole of the issued share capital of Sitacleon Technologies Pte lid.
      419 words
    • 345 16 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND FAR EASTERN SILo'H&KNSSF(&INGAPORE) PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 ol the Companies Act. Cap. 50. the Final Meeting of the abovenamed Company will be nek) at 18
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    • 360 16 WINE SAU STOREWIDE DISCOUNTS 3 DAYS ONLY at Tanglin Mali from 29 th *> 31* Aug 03 Some regnlghts Hom usu* Now Salomon KK Reeerve Riesling *90 7500 45.00* Chlynchßages*B6 290.00 219.00* E& E Black Pepper Shiraz 99 86.00 69.00* ChJfcrtouaquet W) ***** 180.00* Per*** Bin 707 Cab Sauv 98
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    • 4 16 ~f i 7 1
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  • Page 17 Advertisements
    • 1427 17 g The Sumitomo Trust Banking Co., Ltd. (Incorporated in Japan with Limited Liability) Consolidated Balance Sheets Consolidated Statements of Operations As at March 31,2003 and 2002 For the years ended March 31, 2003 and 2002 Millions of Yen Millions of Yen 2003 2002 2003 2002 Income: Cash and Due from
      1,427 words
    • 449 17 IN THE MATTER Of THE COMPANIES ACT, CAP. 50. [(Saetion 290{2)(b)] AND IN THE MATTER OF OSPREY MARITIME LIMITED (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At on Extraordinary G*n«ral Meeting of the Company held at 8 Cross Street *17-00 PWC Building Singapore *****4 on the 20th day of August
      449 words
    • 424 17 IN THE MATTER OF THE COMPANIES ACT. CAP. 98 AND IN THE MATTER OF ASINET PTE LTD (*****0972W) lI.INI AM EWINFOCOMM.COM PTE LTD (*****5I34R) 11.38 AM (IN CREDITORS' VOLUNTARY WINDING-CP) NOTICE OF FINAL MEETINGS NOTICE IS HEREBY GIVEN thai pursuant to Section 30X of the Companies Act Chapter .V). the
      424 words
    • 384 17 TAN NAM BIN MVESTMENT (PTE) LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN THAT A FINAL GENERAL MEETING OF THE COMPANY WILL BE HELD ON THE 29TH DAY OF SEPTEMBER. 2003 AT 10 A.M. AT 6 SHENTON WAY, *32-00 DBS BUILDING TOWER TWO. SINGAPORE *****9, FOR THE FOLLOWMG PURPOSE:
      384 words
    • 1807 17 Indian Overseas Bank (Incorporated in India) Central Office: 763, Anna Salai, Chennai 600 002 BALANCE SHEET AS AT 31 »t MARCH 2QQ3 (Ri.in'QMi) PROFIT LOSS ACCOUNT FOR THE year (Rs.m ooos) ENDED 31st MARCH 2QQ3 Schedules 31.03.2003 31.03.2002 Schedules 31.03.2003 31.03.2002 LIABILITIES INCOME Capital 01 444 80 00 444 80
      1,807 words
    • 442 17 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 ((Section 290(2)(b)] AND IN THE MATTER OF DBS VICKERS SECURITIES (MALAYSIA) PTE LTD (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At on Extroordinory General Moating of the Compony held at S Cross Street #2640 PWC Building Singapore *****4 on the 20th
      442 words
    • 619 17 IN THE MATTER OF ITW ELECTRONIC COMPONENTS PTE LTD (IN MEMBERS VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act. Cap. 50. that a Final General Meeting of the members of the abovementioned Company will be held at 10 Col Iyer Quay. #21-01 Ocean Building.
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  • Article, Illustration
    1075 18 Transaction date:A ug 28 nffEBBAMK CROSS KATES A$ C$ **t Euro m Nh Yen Wo 8M M2$ Hfc »> Ns* SS >rt Sir UTS Bakt gwgj US$ Australia 0.896 5.288 0.587 4970 29.208 54.198 0.749 7X07 2.422 1.127 36.782 35.014 1.117 4.684 0.904 ***** 26.223 0.406 0.637 Canada 1.116
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  • WORLD news
    • 418 18 WASHINGTON The better than expected figure is best performance since Q3 of 2002 AP Reuters Bloomberg THE US economy emerged from the doldrums in the second quarter of this year and grew at a solid 3.1 per cent annual rate, a better
      AP; Reuters; Bloomberg; AFP  -  418 words
    • 366 18 SYDNEY Bloomberg BHP Billiton, the world's biggest mining company, increased fourth-quar-ter profit sixfold after boosting iron ore, nickel and copper output just as prices rose. The miner said there are signs of increased demand outside China. Net income rose to US$526 million, or
      Bloomberg  -  366 words
    • WORLD Watch
      • 91 19 Bloomberg [FRANKFURT] Global sales of computer servers in Europe, the Middle East and Africa increased 5 per cent in the second quarter, Gartner Inc said. Hewlett-Packard Co, the world's second-biggest computer maker, led in shipping volume. Revenue rose to US$3.7 billion from a
        Bloomberg  -  91 words
      • 75 19 AFP [SEOUL] South Korea's economy slowed further in July due to labour strikes at Hyundai Motor Co and other large businesses, government authorities said yesterday. The National Statistical Office said industrial output growth slowed to 0.7 per cent year-on-year in July, down from
        AFP  -  75 words
      • 87 19 AP [SAN FRANCISCO] An alliance of online music broadcasters sued the recording industry in federal court, alleging major record labels have unlawfully inflated webcasting royalty rates to keep independent operators out of the market. Webcaster Alliance, an organisation claiming some 400 members, claims the
        AP  -  87 words
      • 95 19 Reuters [LONDON] A diamond trader may back a bid by US investment bank Morgan Stanley for British property company Canary Wharf Group Pic, newspapers reported yesterday. New York diamond magnate Simon Glick, already Canary Wharfs top shareholder with almost 15 per cent of its
        Reuters  -  95 words
    • 427 19  -  It calls for relaxing patent provisions, issuing of licences to producers in poorer nations From Ravi Kanth in Geneva PREPARATIONS are set for a final and long delayed humanitarian deal at the World Trade Organization to allow poor countries to
      427 words
  • 1579 18 SICOM POTORB8 Aug2i RUBBER Fatats (Ctosing pric«) RSS1 (S cwtsAfl) CtoW Volume OpM Mowt» Hjffc Low Sett (towti) hrtemt Sep 03 186.50 Oct 03 ***** No* 03 186.25 0*c 03 ***** BSS3(USewtjA«) Volume Open Montli M«k Low Sett (teniws) Monet Sep 03 105.50 105.50 ***** 450 1550 Oct 03
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  • Page 19 Advertisements
    • 174 19 REiuon cmr hotel |W COFFEEHOUSE 15 Tanjong Katong Road Singapore *****0 ptoa cum Local Lunch ■High Tea -g--Every Saturday Sunday All* |l2noon to 2.30pm gill 3.00pm to 5.30pm Where to wine, dine and entertain... b: A World of Exclusive Privileges Treate a Crab Faust Cold Doublo-Sted Crata^2MjQAk Baked Crabs with
      174 words
    • 331 19 SECURE PROPERTY INVESTMENT IN DENMARK Is the proposed reduction in CPF contributions likely to affect property valuations in Singapore? Consult 3 Aps, Denmark is herewith inviting up to 16 investors to participate as partners to buy 68 residential apartments in 29 buildings, totaling 54,078 square feet in the city of
      331 words
    • 133 19 I 1 »J| I I WM& -CM Ujy 9v«W Your annual mooncake festival celebration isn't complete without the delectable mooncakes from Si Chuan Dou Hua Restaurant at Plaza ParVroyal and Top of UOB Plaza Prices start from $28 a box of Golden Pandan Lotus Seed Mooncake to $32 for a
      133 words
    • 72 19 W $5.80 Nett Per Item >EE With FRl£ Choice o» One Coflee/lea/Soft Drinlcs or Chin Chow Oyako Don (Chicken Egg with Rice) Penang Fried Kway Teow Slice Fish Hor Fun Hainanese Mutton Stew Sautled Chicken with Chinese Sausage It's lime All Day Mugfe $4.00 nett each Jng#sls.oo nett each <
      72 words
    • 158 19 n MERITUS MANDARIN SINGAPORE T BfijUHSßMnfr**' imiAi 1 > t T M HIGH TEA AT NEW HEIGHTS Enjoy international favourites high-tea buffet. Adult: $26+++ Inn Child: $16+++ otj» Reservations: 6831 6258/88 lcr*l*i«| KtiiaatMi MERITUS MANDARIN tVi'il 333 Orchard Road, Singapore *****7 Tel: +65 6737 4411. Fax: +65 6732 2361. Catch
      158 words

  • 6 20 Transaction date: Aug 28
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  • 4 20 Transaction date:Aug 28
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  • 636 20 Transaction dale: Aug 28 MM* ia ia -AMI imam* Wc «J* 1*0 -4*0 GkC U4 COM OOC U> ItWB -0»« -ma* ut ia -an am «si ub -acso Omw I—Gaudat «»0 -BOW WnM t H& OA UB «JH» Oktasn <v ta -o>00 Mnwxakts ajn ,«a» U» Cm -COM WO:
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  • 559 20 BONDS WARRANTS T«i Lot Vol Cam Ear Dtw cut Ciwpiiy Sate ««r- C996> Wa Uft J6S« AST1W*****1 11 1 16 15 2-14 10 3697 Acma Ltd W*****6 1 unch 2 1 50 386 10.50 15 3602 Amtek W*****0 .905 0.5 76 1 33 137 22 3603 Armstrong W*****0 7 unch
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  • Page 20 Advertisements

  • Focus job cuts
    • 415 21 DETROIT Firm may need to cut 12,000 jobs over next 4 years if US sales don't rise: analyst Bloomberg DAIMLERCHRYSLER AG's Chrysler unit, which has cut 30,000 jobs and closed seven factories since 200 L, told union leaders that further reductions may
      Bloomberg; BLOOMBERG  -  415 words
    • 286 21 TOKYO It will slash 4,500 jobs by 2006, instead of 4,000 Reuters JAPANESE camera and copier maker Konica Minolta Holdings said yesterday it would slash its workforce by 12 per cent, or 4,500 jobs, by 2006 rather than by 4,000 as originally planned to drive
      Reuters  -  286 words
    • 182 21 AP [SAN JOSE, California] Troubled computer maker Silicon Graphics Inc (SGI) said on Wednesday it is cutting another 600 jobs, or nearly 17 per cent of its ttork force, in its latest effort to keep costs in line with sagging revenues. Including 400
      AP  -  182 words
  • 13 21 Transaction date: Aug 28 for live prices, log on to ivuwasiaoiiemarketsxxMi
    13 words
  • 69 21 SHM M Lai Vol Day LMQMM Grttv Dn CrVM MM MCaa ■<i i— a* Cum w- rw u» wr* s«fcr cv w w *00 CMS Diamonds US87W 3750 im ttrr> rSDJUST«ch USI740 UI7 6 MSG Spore US5SS G70 OH 6101 ISS**"*#- US8270 9650 no sums— umso 1MB 1230
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  • 331 21 U-Wh M IM M Day Lad Qwt* GrtNv Db CrTM M MCm £TL. cl. c—, s* w- fmm U.IW* »c» nt IS 168 81 6000 AViennings A25c A158 -1 18 IM 157 1S7 158 40 3.4 6J 92 *0.1 4001 CjtfwyPKlOc MK720 *5 2.1 74 6 *****2 HOi
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  • THE ARTS
    • 498 22  -  The Wedding Banquet The Musical' needs considerable tightening before it can be a richly complex whole, says PARVATHI NAYAR PARVATHI NAYAR THE Wedding Banquet The Musical is based, of course, on the much-loved film by Ang Lee. The film was a beautifully crafted exploration
      498 words
    • 622 22  -  By Matthew Phan WHAT do writers from different cultures see? Things you don't always expect, as UK poet Bernadine Evaristoa found out while teaching creative writing in several countries. She told her audience at Literal Magnetism part of the just-ended Writers' Festival how Bosnian
      622 words
    • 377 22  -  By Frank DeMegilo AS a reviewer, I sometimes dread critiquing another performance of a Beethoven symphony. Though his symphonies are among the greatest music ever written, they are also the most performed. Such familiarity demands that the conductor and orchestra deliver a stellar performance in order to
      377 words
    • 422 22  -  By Sangeotha Madhavan JOHN Pielmeier's Broadway play Agnes of God is nearly 15 years old, but it seems to have its band of believers. In a random Internet check, it was being performed by a handful of theatre companies worldwide this season. In Singapore, luna-id did the honours
      422 words
  • Page 22 Advertisements
    • 142 22 HK/^^^HPan HbH HsU j^ga I l|^^ff [b|| I ■1 f ,|i i \uMi I s mIH|B j|-~p= -'I What a good business deal looks like. Enhance your business trips, and experience the Executive Club rooms at Swissotel Merchant Court, Singapore. With the Clarke Quay MRT station right at our doorstep,
      142 words
  • Page 22 Miscellaneous
    • 222 22 CBYPTIC CROSSWORD found lying round about (5) 29 Discourage speed (4) 14 Amused or confused? (10) Across: 1 Imbibing, 5 Stucco, 30 Body search ord ered after 16 Wo rtong for others, they'll get 10 Occasional table, 11 Dowsome douot (4-fc) niee break in time (8) ries, 12 Tangent, 13
      222 words

  • COVER STORY
    • 1386 23 SINGAPORE already has a mushrooming spa industry, but the latest entrants are banking on visual impact, reputation and general "wow" factor to win potential clients over. We look at how some of the newest entrants are trying to make an impact. WATERFLOOR SPA M Hotel Singapore,
      PHOTOS BY CHRIS LOH  -  1,386 words
  • Page 23 Advertisements
    • 413 23 only for Uoorcoke Chess Set ~S I 'JIANG JUN' (CHECK-MATE) I I THIS MID-AUTUMN FESTIVAL I I 12th August to 11 th September 2003 I I CHINESE CHESS EXHIBIT IN LOBBY AND I THE ORCHARD HOTEL MOONCAKE CHESS SET I I The lobby of Orchard Hotel Singapore will be the
      413 words
    • 52 23 Singapore «®L I^^^HHIHHII^H li I L September 15 th 8.00 pm suntec Singapore international convention exhibition centre, convention hall 602 tickets available at all sistic outlets Ss99*, Ss79*, Ss49* or call 6348 5555 web bookings www.lushington.com www.sistic.com in association with CL *?»M 5M£ TS&Si* cenftoi^ •plus Ssl booking fee. strictly
      52 words

  • EXECUTIVE Lifestyle
    • 827 24  - Pepping up the Spa The S'pore spa market may be mature, but there's room for revenue growth, reports CORINNE KERK CORINNE KERK THE economy remains sluggish, jobs are still on the line and CPF rates are soon to be cut. Yet, spa operators—whose massages and treatments typically cost about $100
      CHRIS LOH  -  827 words
  • Page 24 Advertisements
    • 90 24 ,^mHM^K_S9^^ K /w^^^H^HMSSH CLK Cabriolet. The soul of a two seater, in a four seater. You can't help but look closer. Only then do yon discover that those seductive curves conceal luxury seating for four. Mercede^BeilZ Which is just as weU, because a ride this exhilarating simply has to be
      90 words

  • THE BUSINESS OF TIME
    • 483 25  -  By Larry Wee tumultuous year, if ever there was one. We had war, Sars, a weak world economy, an exploding Swiss franc and a weaker Singapore dollar. And there was the constant buzz in watch circles that those who depend on outsiders to supply watch cases, dials
      Picture courtesy of Patek Philippe  -  483 words
    • 542 26  -  By LARRY WEE THESE guys know their stuff, but we're not talking about Italian opera, Placido Domingo. Jose Carreras or Luciano Pavarotti. Instead, we're talking about the scions of three leading Singapore "watch families" singing the praises of their favourite watches. Earlier this year, we approached
      542 words
    • Article, Illustration
      601 26 Executive director Cortina Watch Carlo Ferarra Regolatore The revolutionary innovation is represented by the face of the watch designed by Carlo Ferrara, in the space from which we read the hours and minutes. The hour and the minute hands rotate and move along a straight path, and they
      601 words
    • Article, Illustration
      1147 28 Group managing director Sincere Fine Watches Thank you for providing this opportunity for me to reflect on the business that I am engaged in daily. Seldom do I get a chance to take time off to think about the more pleasurable aspects of the watch trade, and
      1,147 words
    • 1203 30  -  Heading for open seas or just want something that keeps pace with your hectic lifestyle? LARRY WEE has some suggestions LARRY WEE WE are proud to start off this section with two of the all-time classics in men's sports watches: The Omega Speedmaster and the Rolex Submariner.
      1,203 words
    • Article, Illustration
      1437 34 Business development manager The Hour Glass For the purist collector, the satisfaction of owning a "fine" watch goes far beyond the utilitarian purpose of the time-keeper. Rather, it lies in the acquisition of knowledge surrounding the piece itself. This knowledge guides the collector towards the path of discovery:
      1,437 words
    • 1215 36  -  Few can match Vacheron Constantin for their craft with skeletonised movement work, as SUTJAHJO NGASERIN finds out SUTJAHJO NGASERIN I HAVE had a love affair with finely made wristwatches for a very long time now, and experience has taught me that no matter how much we
      1,215 words
    • 2200 40  -  By now, a good number of true-blue watch-lovers must have heard about the runaway success that is Francois-Paul Journe. They kicked him out of watchmaking school, but he still made it big time! SUTJAHJO NGASERIN, our good friend and fellow watch-nut, had the opportunity to speak extensively
      2,200 words
    • 1454 42  -  This is where you "window-shop" with BT if you want to get a gent's wrist watch which tells the time and sometimes more with quiet style. Something that stands out for its looks but never makes too brash a statement LARRY WEE presents a selection over three pages,
      1,454 words
    • 2301 46  -  PETER CHONG speaks to its maker, Thomas Prescher PETER CHONG WAS it coincidence or fate? To start with, there seemed to be an explosion of tourbillons at the Swiss watch fairs this year. And word quickly got around that Franck Muller had built a wrist watch
      2,301 words
    • 1349 48  -  With fine mechanical timepieces back in favour as quartz gets edged out of fashion, the exquisite work of age-old German brands deserves some attention. HANS ZBINDEN documents the return of the Teutonic tradition HANS ZBINDEN JUST a mere decade ago, even the most accomplished fortune-teller
      1,349 words
    • 1570 50  -  LARRY WEE takes a peek at the rigorous art of polishing a watch at the Lange service centre in Hong Kong LARRY WEE IF you think that polishing a watch is a simple matter like polishing your shoes, think again. It's not just about taking a piece of
      PHOTOS BY SUTJAHJO NGASERIN  -  1,570 words
    • 932 53  -  LARRY WEE attempts to explain both sides of a hotly-contested issue LARRY WEE SWITZERLAND'S powerful Swatch Group is the major supplier of third-party movements to the Swiss watch industry today with their ownership of respected movement names such as ETA, Piguet and Lemania. For at least
      932 words
    • Article, Illustration
      1821 54  -  Ulysse Nardin's CEO Rolf Schnyder gives LARRY WEE an insider's view on trends in the Swiss watch industry today LARRY WEE OVER a small watch-lovers' dinner in Singapore earlier this year, Rolf Schnyder, the CEO of Ulysse Nardin, an independent Swiss watch company loved and respected by
      1,821 words
    • 1530 56 CEO Rolf Schnyder talks about his genius partner-in-crime Ludwig Oechslin LARRY WEE: Rolf, let's now talk about something far more pleasant. In the last three years, you have wowed watch-lovers the world over with wonderful innovations such as the Freak in 2001, the Genghis Khan
      1,530 words
    • 768 59  -  LARRY WEE finds out what secrets Ulvsse Nardin CEO Rolf Schnyder has unearthed in his study of the mystic arts LARRY WEE WATCH-LOVERS here in Singapore are very privileged because Ulysse Nardin head honcho Rolf Schnyder is often just around the corner in Kuala Lumpur, where
      ILLUSTRATION BY BEN CHUZ  -  768 words
    • 1189 60  -  Be it mechanical or quartz, glittery or subtle, LARRY WEE reckons there's a watch to suit every lady's taste LARRY WEE THIS year, we've found so many ladies' watches'we like that it was quite a chore whittling down our choices to a manageable number. Even so, they easily
      1,189 words
    • 1575 66  -  The building of a tourbillon can be seen as a personal milestone proclaiming that the watchmaker has arrived. LARRY WEE highlights some pieces LARRY WEE THERE were music boxes, split-second chronographs, perpetual calendars, grande sonneries and great-sounding alarm watches galore among the high-end watches displayed at
      1,575 words
    • 625 70  -  LARRY WEE explains some of the fascinating mechanisms that make time fly! LARRY WEE Perpetual calendars Besides merely telling the time, perpetual calendar watches report the day of the week, the date, the month, and the phase of the moon from small sub-dials or windows set into
      625 words
    • 1728 71  -  LARRY WEE looks at the precious few timepieces issued as limited editions LARRY WEE EACH year, proud watchmakers make it a point of honour to present pieces that are either so difficult, or f costly, to make that they can only be sold in very
      1,728 words
    • 2276 74  -  LARRY WEE meets the JC boy whose views on and dealings in watches have surprised the international electronic community LARRY WEE WATCH-lovers who surf the Web's watch forums may recall reading the thoughts of one SJX, who posts his ideas at online forums of sites
      CHRIS LOH  -  2,276 words
  • Page 25 Advertisements
    • 76 25 L.U.C PRO ONE A look that spells adventure ->* m >i, e i V j ■> b v Sn&fazJ?// The l U C collection is exclusive!, available at selected atih spv.iaiists and Chopard 5 C' r f c C r. 3 Cent'epoint Suntec City. Paragon Cortina shops Lu a, i,\v
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  • Page 27 Advertisements
    • 43 27 W L t.sitf.*- S M V I I I L IF Mfflm Mm- 1 v, w^ ■k I Mftfl I M I*l B L fl >*» ft V M If--' n■-. ili— m KB jfctt t .sMHfl^H^E' a "miii ii pjui (/T u*g.^gf^^/msm •;•'<• g
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  • Page 28 Advertisements

  • Page 29 Advertisements
    • 52 29 I m j SWISS WATCHMAKER SINCE 1911 I A t -i —Tl•' v EXCLUSIVELY A VAILABLE AT: CHEW CHEONQ: *****561 *****703 *****686 CORTINA: *****084 *****668 *****185 *****728 DELUXE EASTERN: *****536 EMOTUS: *****690 QASSAN WATCHES: *****589 PRECIOUS TIME: *****939 RICHBURQH: *****362 ROY EASTERN: *****139 SINCERE: *****618 *****648 *****150 WATCHES OF SWITZERLAND:
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  • Page 30 Advertisements
    • 129 30 Inventive and unconventional, Gerald Genta has continually revolutionised the world of exclusive watchmaking since it was founded in 1969. Combining the high tradition of Swiss watchmaking with avant-garde design, innovative materials, ingenious technology and highly complicated movements, the Gerald Genta timepiece is dedicated to those with a cosmopolitan and non-conformist
      129 words

  • Page 31 Advertisements
    • 90 31 1 Deep in the workshops of a manufacture tucked away in the heart of the Valine de Joux, the watchmakers at Daniel Roth are suspended in the measure of time. Passionate to the extreme, they have given their spirit to Time. To conceive movements of infinite complication, of infinite beauty,
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  • Page 32 Advertisements
    • 274 32 "A Nardin watch should not be sold: bL^^■|P^^^sfl^!fsssss^BP®6i^^^^s^B^^^ 1 4 jPSjj^^ 1 it should be bought." Ernest Nardin JH/ yfyO^^mm aKfr Vv < o/ jf. <*>■"%'sw^j>»£ <gu vH /jfmf **MF- vc <J Jks A V<c vk W W Hwl A name synonymous with exclusive and legendary M> fl| 4 yH
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  • Page 33 Advertisements
    • 243 33 "For a timepiece to bear the Harry Winston name, it has to be exceptional. It is in our firm's nature to Kfl^, be a pioneer, to live on the creative edge/'-Rooaid Winston Long before Harry Winston Rare Timepieces came into V jflr ||kM§ being, there was the House of Harry
      243 words


  • Page 35 Advertisements
    • 98 35 Va < lT^*' w# jBPPP^^ >/ Wristwatch "Grande Complication" in 18-carat yellow gold Hand-wound mechanical movement. Hour and minute dial off-centred. B-shaped small seconds hand on the Tourbillon shaft. Silvered gold dial, hand-engraved on a %o^l*f^-A>^%*^*—^^m* rose engine. Sapphire case back. Water-resistant. DCJJIIiS 1775 B SINGAPORE MALAYSIA (*****-K) TAKASHIMAYA SC.
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  • Page 36 Advertisements
    • 99 36 The legend reveals another dimension .A "4 *lisHfc<aLife fiwfii I H I;: I WW I 1 jfe *;f*&jß&Bs I 1 wfl I.- pi f ij i^H ifilpyifc a s^BESPssss^&^ErSsfe» I I I I'-" 1 i." r —■mw'i'- ftfaajjMiiiaii— case revolves majestically to reveal unique dual personality. On one side. large
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  • Page 39 Advertisements
    • 100 39 -i M AGAIN Omega the ever 'mSfSBto develop the Co-Axial escapement, redefin- n 8 e basic principle of the mechanical \V j3BB watch which had remained unchanged for i over 200 years. This revolutionary escapement /g eliminates almost all friction and maintains H^\ accuracy over much longer periods. -41 N
      100 words

  • Page 40 Advertisements
    • 80 40 CONCORD. Time is a luxury. M --j <%V <3^S^Wppg|^^^^» Saratoga Automatic date in style tf Large date MAKE A DATE WITH LUXURY. THE CONCORD SARATOGA GRANDE DATE AND SARATOGA AUTOMATIC. The Concord Saratoga, a precision sport luxury watch like no other. Distinguished by an 8-sided bezel, Concord latched crown protector
      80 words

  • Page 41 Advertisements
    • 74 41 i i 6 z 3 I s H<9 PRESENTING THE TIFFANY MARK™ INSPIRATION: 19TH CENTURY TIFFANY POCKET WATCHES MOVEMENT: PURE SWISS PEDIGREE ARCHITECTURE: UNIQUE 5 AND 4-PIECE TIFFANY CASEMENTS METALS: PLATINUM, GOLD, STAINLESS STEEL REWARD: A LIFETIME CLASSIC 5 Ft »>y s. Tiffany&Co. f The Tiffany Mark Collection, from $2,300.
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  • Page 42 Advertisements
    • 117 42 JEANRICHARD ossfbky~ .1 Ja^L .J^^. vJ H >^Jj^?:z >>- L H 1 I I rlf~Z l\. a 11 1 v I I I I MS ji-rv I Uy V I 1 U l 1 <** v ■II <i H u I I i II ltt|r *?i;;^S "DOUBLE RETROGRADE" V -->
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  • Page 43 Advertisements
    • 35 43 nk 11 -J w f n 4in 'Whih m- V '21^'J^^H i Hk' Ik -i" look after it for the next generation Annual Calendar by Patek Philippe Geneva Master Time, Tel: (65) 6732 1506. www.gmtsingapore.com
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  • Page 44 Advertisements
    • 51 44 IB BlancpaiN MANUFACTURE DE HAUTE HORLOGERIE ■JtfjfrlJL ui Lit Aft V k %Glen Goei. Theatre and Film Director, Singapore. tTflflß Moonphase Automatic, complete calendar Mother-of-pearl dial with diamond index markers |HMb^9t|^MpMßß2^ Stainless steel case set with 40 diamonds 18~ i Water-resistant to 30 metres. j Millenia Walk Blancpain Singapore, www.blancpain.com
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  • Page 46 Advertisements
    • 100 46 II v /:> -iJ-^ (^£a<fgutt& ORIGINAL ■f fir "i^B IP* up j| p -< r imi •T~ %sk <»- y > r i 1 I i <A. %o# A|R U (fj -J J |i; Wi Our two best arguments. kLi W J»J Original and Glashiitte. JUj: JmT f( 7 5
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  • Page 47 Advertisements
    • 65 47 i« i f fl jf ILll Hh BL ■MMWk H JI vin s I k^w o wL ri Ktl Hfc I l^^l ■jVPHBHK* KM J r*' itu\ .^h 4 Vfl U I AUTHORIZED DEALERS CHEW CHEONG WATCH 6734 5096/6734 8461 /*****703 CORTINA WATCH 9185 LEONG POH KEETEL: 1296 999SJ^ PRECIOUS
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  • Page 48 Advertisements


  • Page 50 Advertisements
    • 73 50 A special gift for BT Readers The fact that you've read all the way down to this part of our polishing feature must mean you really care how your watch looks. So here's a little reward. Mr Weber and Sincere Fine Watches have very kindly made available a limited quantity
      73 words

  • Page 51 Advertisements



  • Page 54 Advertisements
    • 84 54 RAYMOND WEIL GENEVE 2 '"V'- pi I time to dream V L n f\ J Q on -J invati n i C )r Scl < on I' r soi t a'jf n T :rvsi;,l riMt: is* m i n> Re," 1 V 'VI. C'' I! t r > A ,t>.
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  • Page 55 Advertisements
    • 87 55 *?V*- wwm >111 *&s*&s& yflttl ll»** L ARS his*r o olrl^pPf 'CMEli*' HSILI Si U*eE«BaS»a»b- si'A.»^aaSr^feasia^aftet-d^Md«WM^l ,4^l a Y JB J 5r //k j A t n A\ \m^H PSB 800 v v <#*4 I% h 1 \\l vA c? 111 In a^v-. if I il^^l Mk. I/ s lf^
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  • Page 57 Advertisements
    • 70 57 mm W m 1 (i fV v T > *s 9 <*r Piaget, the secret garden I'im.eT PI A G E T EM P t R A D 0 R 11 n v PIAGH Boutique: #01 11 Nqee Ann City To/.t K. H 0-< ,.'c hn.i<;. i! n.:,<•*• Authorised Retjilers:
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  • Page 58 Advertisements
    • 68 58 |Hy LONGINES* ifir K V ,v v L'elegance du temps depuis 1832 V- ..a MH&E* vt. -H, -~V BPsr -s '4; -w s?' ■>■■■ t ■''•v' j :JS^?V• &f- £j.' J^-" y f -V $C~ llßlk %*3?hK2b 7 5 -^gy^wJJT^ A. B^' Sole Distributor Main Service Centra: THE 438 A
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  • Page 60 Advertisements
    • 74 60 TTv> r Bu y in 9 or selling a Watch? >J* i"'ii K > M "< > 4fr.y r v.sVt -fef* *jjR bI I '1 n 5 ttr fflfc m 3 41 tjMI M \x v jwy/ V' Go To www.passions.com.sg Call: 6334 2221 Vi•*- f .>_; J v Passions
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  • Page 62 Advertisements
    • 235 62 Almost as complicated as a woman. Except it's on time. Something designed to appeal to men: the Portuguese Chrono-Rattrapante. A mechanical chronograph with a split-seconds hand to record intermediate or second times. Ret. 3712 in 18 carat rose gold or yellow gold. Also available in stainless steel. IWC Since 1868.
      235 words

  • Page 63 Advertisements
    • 81 63 i A VACHERON CONSTANTIN y fP j' y Manufacture Horlogere Geneve. >, ?,*v *h ;•>.. H Hk^. IE Ik^^^TVvvT^^ riiffiir ll A ViM:i: ifSS ''v 'j(«iflp i 3^^^^ Kfik a *>W%** > *$&'-m h^-|K|^pS -.a. r ulSK»'i > S£''' "'^T"; i Jy^<yw^gfj I t/ J'/fit yr Depuis 1755. Authorised Retailers
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  • Page 64 Advertisements
    • 248 64 The Lange Datograph. A cornucopia of mechanical highlights. Chronograph swil lever with stable in opposed bearii Bearing jewels in m Release flyback function. POB yn| Classic column wheel l I l vk )9yflNl979^H Adjustable chrono Manually chamfered and polished steel edges. Stepped pinion with a ruby I sliding head for
      248 words

  • Page 65 Advertisements
    • 241 65 The contents: Reduction of mechanical Chronograph switching JJSJ" 1 Minute-counter switching lever lever with stable shaft mounted in double jewel bearings. in opposed bearings. «)n-regulated and bridges made reated, cross-laminated in silver. Balance cock with master's free-hand engraving. Patented whiplash precision index adjuster. Shock-resistant screw balance. hock-resistant alance bearing. :ompensating
      241 words

  • Page 66 Advertisements
    • 25 66 GRAB A COPY OF WOW! SINGAPORE'S LEADING WATCH GUIDE Available at Borders, Kinokuniya, MPH, NTUC Fairprice, Popular, SNP, Times, Times Newslink, WH Smith leading newsstands
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  • Page 67 Advertisements
    • 29 67 j j If l r "g^Lssgr/^s^^frßr>J mKmm Vm m. /•<> a- u J^v f^>~ 1 iLiA rm -j^^m tiß^^^^MmtJm i «3E***«£l o/Jy/ m*> mffiEb*. fJI/Mim B<Sfc!ez*P^im/iWW Eg U I I
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  • Page 68 Advertisements
    • 43 68 '*4. JOFtG HYSEK mr Kilada J^m^SCJ^^" SWITZERLAND Available at: Royal Insignia Grand Hyatt Hotel Tel: 6732 3456 SOLE AGENT CITIMEX MARKETING (S'PORE) PTE LTD Showroom Service Centre: 3791 Jalan Bukit Merah E-Centre #09-19/20 Singapore *****1 Tel: 6392 1268 Fax: 6392 1636 Email: citimexOaingnet.com.ag
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  • Page 70 Advertisements
    • 42 70 I MP 1 (if 6K9cUR9 ffi6MurinQ p^B^ ;> H n nt^wr c,> ?c,eJ^**X3ae^^^ feKabUity and robustness, MuNe Gtashutte VIWqT M continuestfiisftradition!*aßitstimepieces. >;i A fe'-V ~'l';. .jLr, K iJNSte 4 s&w '>#?7 *< f *w[< 4 t Hk jfl > v^i'^lJ^Bßfe-C* "'>t' 'i~-' KfMflfri'* .JM jjflMp&jg
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  • Page 72 Advertisements
    • 36 72 Mm f Wmf 1 »i'( 1 >i B 1 s i^^H 1; ci 4 lit A' fm IT 's S i!l http://wwwJuminox.com.sg Available at Luminox Concept Store #01-12 Queensway Shopping Centre Tel: 6471 3(m(Retail) 6741 4251(Office)
      36 words
    • 169 72 f ****** i rmDamo9 VjXla ■4 f I i I __BUBEN &ZORWEG Tm .r.l <11 0. C.lttdlHC •s,'£• ~:r*m-. f Available at CORTMA WATCH CENTRE (Raffles C«y) Te1:6339 9185 SINCERE WATCH (Lucky Plaza) M 6737 4648 (Paragon) Tel: 6235 0064 (NgeeAmCtty) Tat 6733 0618 (Lucky Ptaza) Tel: 6734 3668 (SuntecCrty)
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  • Page 73 Advertisements
    • 109 73 MOVADO movado is recognized for hnologv cind for its longtime association with en fists i nd 'he rt<- the ,ntc r-ki* j ovan' have embraced movado's connection to o »-*garcp sophT.tir.ation and ruit./f< today 4PfR^ movado watches are in the permanent co e f ve' 20 museums on foui continents
      109 words


  • Page 75 Advertisements
    • 61 75 V TORUN BANGLE Watch EKL WATCH Stainless Steel with Stainless Steel Quartz movement. Mother of Pearl Dial Model 326 Model 376 GEORG JENSEN MANDARIN HOTEL SHOPPING ARCADE *01-09 TEL 6737 9810 RAFFLES HOTEL ARCADE #01 18 TEL 6337 8283 TAKASHIMAYA DEPARTMENT STORE LEVEL 1. BRANDED BOUTIQUES TEL: 6735 1033. CHANGI
      61 words

  • Page 76 Advertisements
    • 94 76 *■■•3% v» *r '3 v «MM;/ 0 If tf X f f 3- C T3 T Natriro \cw C.oiKcpt Politique X XV.A l\vy Singapore: l~ 2 1 >I> OiJmiJ Ko.ul ~(H 2 Sini;.ipi>i\ 2/>SS^ c 111 111) (iS h (■>(>(-!>/ W>(i(vS (o. (> > 1 (t 1 at n i
      94 words

  • SHIPPING TIMES
    • 277 77 Reuters THE Baltic Dry Index fell 13 points to 2284, the Baltic Capesize Index fell 16 points to 3252, the Baltic Panamax Index fell 26 points to 2068 and the Baltic Handymax Index rose 9 points to 1377 a TIME-CHARTER: Cape Mor (built 1965) *****8 dwt delivery Cape
      Reuters  -  277 words
    • 277 77 SGX '000 /una ss w- vo< CWT Distribution 0.56 -0.01 38 ChuanHup .0.44 unch 450 CHOffehore ...031 ttOI 487 Cosco Investment.—.0.43 -0.04 ***** Freitf* Links 0.07 unch 1(0 G8 Holdings 0.72 -0.03 61 Jay* Holdings 0 49 0.03 2967 KeppdCorp 3.10 unch 1061 K1 Venture 0.22 0.01 *****
      277 words
    • 557 77  -  They don't add anything of real value to national economy: Meredith By Beth Jinks [SINGAPORE] The head of the world's largest container terminal operator has taken a swipe against Singapore, describing its transhipment business as of no "real value", and its pursuit
      FILE PHOTO  -  557 words
    • 427 77 Increasing Asian exports boost growth; better results seen in H2 Bloomberg [HONG KONG] Singamas Container Holdings Ltd, the world's second-largest shipping container maker, said its profit jumped 36 per cent in the first half as increasing exports from Asia boosted demand
      Bloomberg; FILE PHOTO  -  427 words
    • 594 77  -  Portek, John Ong to develop Banten terminal close to Jakarta By Beth Jinks [SINGAPORE] Singapore-listed container crane leasing group Portek International has joined forces with PSA Corporation's former marketing head John Ong in a major expansion of a terminal in Banten, Indonesia. The partners
      594 words
    • 193 78 PAGE HubLine 6 Perkins 6 Avant 6 HUAL 6 POZ Lines 6 B'tang Mas 5 ,mkov 4 PNSC 6 BSA 4 Indogulf 4 Pan Ocean. 5 BSC 6 Interasia 6 Phoenix 4 BTL 6 Intermarine 6 ts Lines 3 Cargoways 6 IRISL 5 pj DUoyd 6 •CMACGM
      193 words
    • 750 78  -  ADMIRALTY CASEBOOK 'Accident' used in marine insurance policy of trawling vessel which took on water and sank By Selva Kumar THE word "accident" in a marine insurance policy instead of the phrase "perils of the sea", did not in any
      750 words
    • 91 78 AP [SCHNACKENBURG, Germany] Polish captain Wladzimierz Rosik, 57, from Bydgoszcz with his ship at the river Elbe near Schnackenburg, southeast of Hamburg, northern Germany. Capt Rosik ran aground with his empty boat in March, when river levels were high. Now, Europe's hot and dry summer has
      AP  -  91 words
    • 3 83 THEBUSINESSTIMES
      3 words
    • SHIPS IN PORT
      • 608 85 Vessel Voy Wo Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL KARIANGAU EX 2301E J15 A/SIDE 29/08 0600 MAWATANGNGE PV319 J15/16 A/SIDE 29/08 0500 PCESS MANII 05/03 J8 A/SIDE 29/08 0700 SAIPAN HARVE 175T J24/25 A/SIDE 29/08 0300 SANDIDEWA14 134 J3 A/SIDE 29/08 0630 ZIM KOREA 44W J17/18 A/SIDE 29/08
        608 words
      • 2 85
        2 words
      • 131 85 Aoff 31 Malaysia: National Day. Philippines: Nat Heroes Day. Sepl Canada: Labour Day. U.S.: Labour Day. Sep 2 Vietnam: National Day. Sep 3 Vietnam: Nat day Hoi. Sep 11 Brazil: Independence Day. South Korea: Harvest Fest Day. Taiwan: Mid-Autumn Festival. Sep 13 Hong Kong: Day after Mid-Au tumn.
        131 words
      • 820 85 THIS report, compiled by Cockett Marine 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 the individual
        820 words
      • 472 85 Carbon 180 Max 994.8 0.6 IS.4 0.07 31 0.06 Am 21 Dtmrtr Water Residue AshAlunWuot Sediment *> aboM E25 2 0 2 0 0 0 22-= rr= 380 AM 986.7 0J R0 0.05 27 0.01 r.— 380 Max 992.6 8.6 17.4 0.10 78 0.06 K/tr} %m
        472 words
    • AIR & LAND transport
      • 374 86 Carrier blames US$18m quarterly loss mainly on Sars AFP [MANILA] Philippine Airlines flew into the red with a net loss of over US$lB million in the June quarter, hit largely by the Sars epidemic. The carrier booked a net loss of "over 900 million
        AFP  -  374 words
      • 340 86 Bloomberg [AUCKLAND] Auckland International Airport Ltd, New Zealand's busiest airport, boosted second-half profit by 20 per cent as more travellers used its terminals and the company had a onetime property gain. Net income in the six months to June 30 was NZ$43.B
        Bloomberg; BLOOMBERG NEWS  -  340 words
      • 191 86 Bloomberg [MONTREAL] Air Canada said it renegotiated leases on 14 additional aircraft with three separate lessors as it seeks to cut costs while it restructures under protection from creditors. The Montreal-based company has renegotiated leases on 135 planes at Air Canada and
        Bloomberg  -  191 words
      • 205 86 Reuters [HONG KONG) Lufthansa Cargo, the world's largest international air freight carrier, is expecting doubledigit sales and volume growth in the Asia Pacific in 2004, fuelled by strong demand from China. "Asia-Pacific is our best single area, 45 per cent of revenues come from
        Reuters  -  205 words
      • LOG Book
        • 60 86 AP [ISLAMABAD] Pakistan International Airlines (PIA) has added bulletproof cockpit doors to several of its passenger jets and plans to install surveillance cameras to improve the flag carrier's security. The doors, which cost a total of US$l.l6 million, have been fitted in eight Boeing 747s
          AP  -  60 words
        • 63 86 Bloomberg [TEL AVIV] El A 1 Israel Airlines, Israel's national air carrier, reported its second-quarter net loss tripled as operating expenses rose, boosted by the dollar's decline against the shekel. The net loss widened to US$2B.B million from U559.42 million a year ago, state-controlled El
          Bloomberg  -  63 words
        • 71 86 Bernama [KUALA LUMPUR] Royal Brunei Airlines has taken delivery of its first A 319 from Airbus' Hamburg assembly line, with a second one due to follow in September. Both aircraft will be on lease from CIT Aerospace, a unit of CIT Group, of New
          Bernama  -  71 words
      • 469 86 Bat Dutch carrier is not ruling out BA as potential partner Bloomberg [TOULOUSE] KLM Royal Dutch Airlines, Europe's fourth-largest airline, is now talking only to Air France SA about a commercial alliance while still not ruling out British Airways pic, Europe's biggest carrier,
        Bloomberg; AFP FILE PHOTO  -  469 words
      • 385 86 50JW £IM AIRLINE COOtS AA Amman Arms (AM.). Af At France (AFR) Al Arlnda(AIC).AY Fmroy(F9f)AZ AJUU Artncs (AZA) BA Wsfi AmffS PMc LU Co (BAW) BE Benanßanjiaoesf} Artnes (BBC) H Ik** Brunei Artnes Son Bht) (RBA) BO BomnAtrtnes (BOU) BR EVA Anays Corpn (EVA) CA ArOmi
        385 words
  • Page 77 Advertisements
    • 107 77 PAL dives into the red Back Page Lufthansa Cargo sees strong Asia growth Back tags SINGAPORE/BATAM FEEDER NOTICE TO TRADE TERMINAL HANDLING CHARGE The following feeder operators in the Singapore/Batam trade wish to inform all Shippers, Consignees and MLO's that with effect from 15th September 2003, the following T.H.C. (Terminal
      107 words

  • Page 78 Advertisements
    • 861 78 I TO USA/CANADA I EXPORT I I OTHER DESTINATIONS I VCSB |VOT P«G jflAy |IOMG RHOIjI>AUAS| HOUSTON [MEMPHIS |P«CAfiO| MOW YOtK 11 11 TO AUSTRALIA (AUSTRALIA ASIA EXPRESS) PtO NEDUOYD KOBE 3X35 24/QO 27/ DO I IWW 16/09 17/09 17/09 20AJ9 VESS& ™"yQy" pig MK OKI 00a CALIFORNIA ***** 02/09
      861 words
    • 504 78 lines 4 services represented by .juumU^nfrfMembers of the Registry of J VW$ Accredited Shying Agenb. S-ngopore log.shcs Singapore Shipping Association >otion CONBUNKS/ CONVENTIONAL CARGO ran KUNG/SMGAfotf/MKMU i mngkok \W ETAPKL ETA SIN ETA MALE NaMCantrr 741 A eVW ll« «M 3 IIW IVM !i« LIU MARINE SERVICES SINGAPORE Ftoar <334
      504 words

  • Page 79 Advertisements
    • 1200 79 TOEUROK MOM EUROPE vtssa ivoy an ar mi m hoi m son "Tjniwsai |vorMiMiNMßvsout«»| Aft IRELAND 10SW 29/00 17/09 19/0915/09 WT—Ut 'V» wxnoMsi 010W30/M 14/00 14/00 n/mnm «(WB om m/** 17/ M! NYIMHY 317W 01/09 19/09 21/09 09/99 17/19 MIAMI IWE 15/00 "M 1V» mam iswm/w n/m %/mn/m mi—him—n na
      1,200 words
    • 1599 79 -.a 1 ••NUMI OfR 9HVKI FtOft SMMPOftf TOBUbCISU VUPOtTM*mmmum if Mrs WMMI MOTS W SWGNMW: M ROMNSON 10 #17-00 SAUS/WOS TH: *****157/43 NUk MWSJII/M I 2 ££2 COSTAR SHIPPING PTC LTD "wwoum outwobbaj mnhh tnuis/rs I COWBNnZJIOMNHMA) 23MR a»iin;«MM« ra tn* i«oo (muhi mmhii/oi hmw aiwsjii/w I T/SWPWP *****17S tmsiit/u
      1,599 words
    • 476 79 rasa w_ w_ _*r_ jw m m_ jm jvs_ vtssa tot sw xt at w w w ik wmttmrnm im 3/> n/i \v* is/» >y/> i//> nrcjwn* 3ig 31/1 w v» io/» iv» ivi a»/^ HT wombs m m 13/f in w n/i w> w arc mm 3i» i/i win/»
      476 words

  • Page 80 Advertisements
    • 734 80 r\B| mi AO IWOU—WOWP—« *****44 HUti MMT4M 1-HUIL; d«H«— ftHwimn UCLIVIMO DOCUMKNTATIONVOmUTKMM: UMM3T MX: «33W177 VKSa iVQT j s« jUiAHP*iPO«TIMOI»I|IMTADI juwivm I TWCAM I *MPJAM| TOM j 10M wHT COIOMOM U6OS POUAU D«h>g HosMnh 342W 31/01 17/W 14/04 24/04 21/W 21/10 22/04 2VW 2t/W 04/10 21/04 24/04 03/10 D>hwiJ*iwii "WWW
      734 words
    • 1197 80 WAN HAI MIERNADONAL PR UD aMk i4495*N009/91 V" A uiiu mm mm m TR: *****591 (14 IMS) FAX: *****143 WAWAN HAI LINES ssaaaassKSSS- vaiinDWHiMsVisiMnifM&mM/nMii umv* am.(Dtiiiiy3KULiwi)4i»ra/4i<ww pmn nil ai -ct-TTOWTSB nur-ww Km mi ni aa i«m m n* nn* mi m oi* ot» iwt m* omu U»m7ij in hii hw
      1,197 words
    • 550 80 BSA i MYANMA FIVE STAR UNE (MyHMT NtfiMd Um) vissa vot sm m km m PAGAN 306W SLD HPA-AN JO7W SIS M MALAYSIA: MXISTtAD SWffINC AGCNCKS KUL 13-*****340 HI: 03-317M101 PBfc 04-2****** BANK UNE (A Mrvk* tt Aadrtw Wtk Shlffiaf) I WOKWOUWP TO RltOPf V COKIAMB, RORO, NUXXHUVYUFTS vcsa SM
      550 words

  • Page 81 Advertisements
    • 1132 81 IRISL, GGIIj&s) tfhffsWgjlh MJH ikKsfimg) (few (te> Sißihi'JtidJ pzdwte ton Hi?®® <33 ®3 fc) (SoJoih s&mMAm 3aa Qlh® (hi3(te3i) OvGimito Q&iMm> AGENT IN SINGAPORE AGENT M MALAYSIA AGENT IN INDONESIA SMOSE MARITIME PTE UTO CR NO: **********0H BOUSTEAO SHIPPING AGENCCS SON. BHD. PT. SMOSE CONTI PERSAOA TEL *****144 FAX: *****181
      1,132 words
    • 528 81 UK CONTINENT SERVICE Loadng for THOR LOTUS RTM/ATW/BMN/UK/NAN ARCHIMEDES RTM/ATW/BMN/UK/NAN i Singapore, E7W Malaysia, Indonesia MIDDLE-EAST SERVICE Loading for J. FRIEND DBl/ABU/DOH/BRN/DMM/KWT FfVOS DBl/ABU/DOH/BRN/DM M/KWT toads Singapore. E7W Mataywa. Indoneaw USA SERVICE Loading for PACIFIC EMBOLDEN CAM/NFK/SAV/NOL GIORGOS CAM/NFK/SAV/NOL •Loads E7W Malaysia. Indonesia F.E./S.E JL SERVICES S pot* Loading for
      528 words
    • 1205 81 Vfttt *21 m Efil -ffisa m sm mt -MM*M !OJW nm 21/01 PKSWI 1115 aM MtM_ pkiamoa 1«» 7t/ot n/0i _ulmum mi UM mm. paciampa 1024N 30/ M 3i/oi nf Mil 1m m/m *A/94 _P§UMS4 IO2SM sua Qi/y» ncmm w»; «;/w w/w paciawda U2H B2ZSS 91/W pa<IA«PA 1027*1 03/0? 04/09
      1,205 words

  • Page 82 Advertisements
    • 550 82 I TIGEtSHAH 112 M 0203/09 Nil/Of 1417/09 I TICQtSKY 113N OS-W/M 1214/09 19 20/09 I I TIGHSU II4K 0910/09 I*ll/09 23-24/09 I I TlGOt KRtOCf 115* 1213/09 I*2l/09 2*27/09 I cal^^sl^l TIKI SWING 493 2?1075 **********7/09 I am 114 3141/09 07-09/09 17-11/09 I lIALSAM 140 03-03/09 10-12/09 2121/09 I n«SMrro73
      550 words
    • 935 82 FREIGHT LINKS EXPRESS PTkLTIh 51 Penjuru Road, 3 Level, Freight Links Express Logisticentre, Singapore *****3 Tel: *****511 Fax: *****577 L E-mail: flesin@sinqnet.com.sq LCL SERVICE TO JAPAN/INDONESIA/PHILIPPINES OSAKA KOBE CEBU JAKARTA d YOKOHAMA NAOOYA SURABAYA MANILA Booking 6267# 5565/4694/5535/5580/5541/5500/5569/5560/5563/5514 PROJECT Cr HEAVYUFT CARGO (CONVENTIONAL Cr RORO) Lawrence Lim 6267 5555. H/P:
      935 words
    • 1350 82 rariRDZUNES iTrfMiritiaIMBTIIII^BB mkamss mm 31/w GBOOW 3003 *>/<* mmn mr ii/m salmi mm» m 3 m/m m qgiat os/m ii/m mmamsi uu m/m mwk nisw/mtawmms oi/m awa 3»« m/m tamconsm 33m ii/m n/w MWMSI M4i y/w gisoon 3«s Q4/w s-hmmb mi m/m salammm mis u/m aonn h/m vm mmgamsi 111?
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  • Page 85 Miscellaneous
    • 119 85 ssssE^sssssss^^s^2sSSsSsSSSssSSsßilssßESSS3ssv'^o w2. dHi I I I "7^ I Z# 27- HHBHHHHHHP *r. Issued by Meteorological Service Division,NEA LEGEND: Thunderstorm Wind speed symbols Showers Full circle w/o line indicates calm or light and variable winds Rajn 1 One half fleche represents 5 knots Cloudy Day -One full fleche represents 10 knots
      119 words

  • Page 86 Advertisements
    • 406 86 JAPAN AND FAR EAST/BRAZIL AND RIVER PLATE SHIPPING TRADE DISCUSSION FORUM General Rate Restoration on October Ist. 2003 Members Lines serving the trade from Asia to East Coast South America have made a detailed review of their business plan for 2003 and concluded that considering current market conditions, ocean freight
      406 words