The Business Times, 23 May 2002
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2002-05-23
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The Business Times
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Title Section13 2002-05-23 1 THE BUSINESS TIMES M»A<PWt(yO3/20Q2 85* SINGAPORE I Internet: http://business-times.asial.com.sg THURSDAY, MAY 23, 200213 words
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Article76 2002-05-23 1 mmm U I*737Ji (+7.02) Plnrxnxßznmiißß U 1,743 (+18.00) aaaoinmuug &BJO (+2.10) SIWX BASKET INDICES Wednesday Change KLSEOOMP ***** -&78 NIKKEI US 11,961.96 160-82 HANG SEND _11,7*11 *41.91 SET INDEX 386.97 *1.33 JAKARTA COMP _S 1 til -18.79 MANILA COMP JJ1M8 -1.12 TAIPEI WPI 6*4 L64 +9*46 SEOUL COMP76 words
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600 2002-05-23 1 Shoeb Kagda - BTi»:.Hi.kn.ia Unrestructnred loans' potential high returns catch eye of foreigners From Shoeb Kagda in Jakarta INTERNATIONAL investors are paying close attention to a move by the Indonesian Bank Restructuring Agency (Ibra) to auction some US$2.5 billion (5J4.5 billion) worth of unrestructured commercial loans600 words
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Article65 2002-05-23 1 F0BEZI4TO USS SS USSfSSpvUSS) 17% £(U8$/S$ per 1.462 1623 EUlOfUSS/SS/E). 0925 1.660 DM 2216 1 m YEN 124.7 6950 RM I860 1117 HK$ 7.799 4J46 BAHT 4181 2185 BUPIAH 8,999 6,009 nnmiRATis SINGAPORE* 12* KUALA LUMPUR 6.40 HONG KONG 6.125 JAKARTA 39.00 TAIPEI *.72* TOKYO 1J76 SEOUL IK FRANKFURT65 words
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Article, Illustration440 2002-05-23 1 Reuters [HONG KONG] Hong Kong is studying ways to attract Asia's wealthy and boost its role as a fund management centre in the face of competition from Singapore, Financial Secretary Antony Leung said yesterday. Steps could include allowing Hong Kong-authorised fundsReuters - 440 words
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710 2002-05-23 1 Tang Weng Fai - 'Newater' will meet at least 15% of S'pore's daily demand by 2012 By Tang Weng Fai [SINGAPORE] By January next year, Singapore's wafer fabs will be supplied water from a new source "reclaimed water" filtered by membranes to remove impurities, or what's710 words
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506 2002-05-23 1 Shoeb Kagda - Lafcsamana snspectspossible insider trading From Shoeb Kagda in Jakarta FRESH from paying US$lOO million in fines in the US as settlement for allegedly telling clients to buy stocks it secretly believed were "junk", US financial powerhouse Merrill Lynch has walked into another major controversy506 words
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Page 1 Advertisements
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Advertisement92 2002-05-23 1 dhbpb BizlT Kenneth James: Sun-ny side up and even more combative. Pg 22 Sudden Jump in Q1 server sales. Pg 22 Hock Lock Slow Hoi lowing out of stock market continues. Pg 3 Top Storioo Prospects improving at Parkway Hldgs. Pg 3 NOL expects fun-year loss unless rates increase. Pg92 words
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Advertisement24 2002-05-23 1 ju> lij Sing Tel: WE RAD A DEAL Final submissions in the SingTeMDA suit ■wextwwe A No offshore tax, HK assuresfund managers, Pg 1524 words
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Advertisement32 2002-05-23 1 BVLC.AR I I < I I I \l I' I i I' I' i j r g&. •w. /.J III!' II I II II <1 I 111 s1 r 11l II I I32 words
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Advertisement17 2002-05-23 1 New slat board to boost media industry, Pg 7 Recycling the only option: Swee Say, Pg 717 words
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Article, Illustration744 2002-05-23 2 larry wee - CURRENCIES Bank of Japan steps In to help gilding US dollar; AS spikes above S$1 for first time In 21 mnn*h« larry wee GOLD prices jumped to a 27-month high of US$318.60 per ounce yesterday on Indo-Pakistani war fears and fresh warningsSource: Reuters - 744 words
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ON THE grapevine
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Article165 2002-05-23 2 WITH stock markets so depressing, worries about more terrorist attacks and the US dollar out of fashion, the price of gold has exploded, hitting a 27-month high of almost US$3l9 per ounce yesterday. But according to some, we ain't seen nothing yet. It could hit165 words
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Article128 2002-05-23 2 DR Mahathir Mohammad's speechwriter came up with a gem for the Malaysian premier's main speech in Washington DC this month: The US and Malaysia share "a common history" (along with flags that are "so much alike that, many mistake one for the other"). Here's the quotable passage:128 words
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766 2002-05-23 2 Angela Tan - iumwu| r |pn suit QC argnes minimum needed to overturn contract is mutual mistake Reports by Angela Tan [SINGAPORE] Queens Counsel Jules Sher, acting for Singapore Telecom, said in his closing submission that there was a sanctity of contract which cannot be reopened766 words
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304 2002-05-23 2 SINGAPORE Telecom's lawyers Allen Gledhill, ted by Queen's Counsel Jules Sher, has accused IDA'S lawyers Drew Napier of introducing a "barrage of new materials" in its dosing submission. Mr Sher said the plaintiff's 257-page closing submission contained arguments, including three new legal authorities which304 words
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489 2002-05-23 2 Vince Chong - Mission includes LiewMnnLeong and Kwek Leng Joo w Vince Chong [SINGAPORE] National Development Minister Mah Bow Tan will lead for the first time, a high-powered construction delegation to China at the month's end to boost top-level networking and explore opportunities for489 words
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Page 2 Advertisements
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Advertisement35 2002-05-23 2 JAV k W fm—m—^—m—m—mmm—mm—m—my Reliable Customised Executive Search T«l: (66) 622S 5809 Fine: (65) 6227 0071 Email: X WiLiHu: http://www.drakeintl.com T^SSSSSBQ I I computer mouse I I Dr.Engelbart I I S»SSl#w± *0I 1■ /J H35 words
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Advertisement17 2002-05-23 2 Ten rise should not worry Shiokawa, Pg 8 Time to rebuild construction sector, Exec Suite, Pg 1217 words
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SINGAPORE companies
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Article, Illustration522 2002-05-23 3 Andrea Tan - Less pessimism as foreign patients return, revenue intensity improves Reports by Andrea Tan AFTER more than a year of gloom at Parkway Holdings, things are finally starting to pick up. "There's less pessimism today," Parkway chairman Anil Thadani told reporters at a corporate update yesterday.ARTHUR LEE - 522 words
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330 2002-05-23 3 PARKWAY Holdings has sent a letter to its associate Auric Pacific voicing unhappiness over the foodmaker's business. Parkway, which owns 21.9 per cent of Auric, was booted off the board in a surprise move at Auric's annual general meeting last year. Auric held its latest330 words
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600 2002-05-23 3 r sivanithy - r sivanithy AT first glance, the bid announced on Tuesday by US electronics giant Flextronics for Nat Steel Broadway Ltd (NBL) should breathe some welcome life into the listless stock market. First, NBL shareholders will get to bail out at a decent 20 per600 words
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339 2002-05-23 5 Christopher Tan - Higher investment income, better margins in non-car segments cited By i Christopher Tan AUTOMOTIVE-BASED Wearnes International has reported a 134 per cent rise in net earnings for the six months ended March 31 but it wasn't fuelled by better car sales.339 words
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328 2002-05-23 5 Telco's profit will rise 21% a year till 2006, says Milliken SINGAPORE Telecommunications, South-east Asia's biggest phone company, may see profit rise an average of 21 per cent annually to more than $2 billion in 2006, as it increases sales in Australia328 words
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COMPANYBriefs
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Article120 2002-05-23 5 Dow Jones Newswires DBS Thai Danu Bank said yesterday its non-performing loans stood at 5.82 per cent of total lending at end-April, up from 5.54 per cent a month earlier. In an assets and liabilities report, the bank said problem loans totalled 4.46 billion bahtDow Jones Newswires - 120 words
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Article56 2002-05-23 5 Reuters WESTECH Electronics said yesterday its initial public offer was about eight times subscribed. WesTech, a distributor of components, systems and equipment for the electronics industry, offered 18 million new shares at 35 cents each for a listing on Sesdaq. It said its shares areReuters - 56 words
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Article79 2002-05-23 5 MAINBOARD-LISTED electronics and IT firm Achieva says its wholly-owned subsidiary Achieva Investments has sealed a joint venture with Beijing Stone New Technology Co to set up design and manufacturing operations in Beijing. Joint venture Beijing Stone Computer Co will design, manufacture and distribute peripherals, components79 words
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Article124 2002-05-23 5 Reuters TRANSIT-MIXED Concrete said yesterday its net loss for the year to Feb 28 narrowed to $20,000 from $3.07 million previously. The loss per share was 0.03 cent, down from from 4.52 cents. Turnover fell to $35.59 million from $45.19 million. Final dividend is unchanged at 5Reuters - 124 words
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Article90 2002-05-23 5 STAR TECH Electronics yesterday announced a placement of 16.45 million new shares at 20 cents each to raise $3.2 million. The placement price represents a discount of approximately 7.15 per cent to the weighted average share price of $0.2143 yesterday. Of the proceeds, Startech will use $500,00090 words
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256 2002-05-23 5 Bloomberg [HONG KONG] Hutchison Whampoa Ltd and Singapore Technologies Telemedia Pte said talks with Global Crossing Ltd over their bid to buy the fibre-optic network operator continued past a deadline for a formal offer. The two Asian companies had until midnightBloomberg - 256 words
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Article, Illustration389 2002-05-23 5 Bloomberg NEPTUNE Orient Lines (NOL), the world's sixthlargest container ship operator, said it will probably report a full-year loss unless a recent rise in cargo volumes is followed by a significant freight rate increase. NOL's cargo volumes grew 10 per cent in theBloomberg; FILE PHOTO - 389 words
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Page 3 Advertisements
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Advertisement174 2002-05-23 3 i... Mercedes-Bent is a trademark of DaimierChryslei: ■ks BEL" s Sf*' t ~&m SP> Bp" fife---. n^. R£>; V -J?£^l ■P^^Ml&SiM l&fflHHKHlilliP m -a3^?* i m at, w Jimt Xtftl v> 4 v -l < T\ Driving the new SL might strain your heart. Not driving it might break it.174 words
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SINGAPORE markets
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Article, Illustration308 2002-05-23 4 OTHER SINGAPORE INDICES May 22 VALUE CLOSE >/- BTO&DS -156.00 >6.00 i?® 11 -*3802.00 >30.00 ITl»4«rH -*****.00 -15.00 1M6GpHa* 458.85 >1.65 serein Ehct 155.55 0.43 SCrijMlii Pa 1554.23 >12.11 scroll Prop 436.08 MSaStesapor* 218.40 >0.93 SMSCIFatam 218.90 >2.10 Stocks Vofcaiw PacificCenturylOc 38,231,000 TMCInt5c 28,228,000 Roly IntUSlOc 22.440.000 NatSted 50c 15,322,000308 words
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Article, Illustration241 2002-05-23 4 Ven Sreenivasan - HOT STOCK/ WARRANT By' Ven Sreenivasan TODAY we feature a stock that is neither "sexy" nor closely followed. It's Medtecs International, an original equipment manufacturer of medical consumables like bandages, surgical attire, patients' apparel, disposable surgical masks and surgical gowns etc. Medtecs makes241 words
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Article, Illustration688 2002-05-23 4 r. sivanithy - JKXJkJLJLUIUidiiU STOCKS r. sivanithy THE good news is that the local stock market's decoupling from Wall Street seems to be intact. The slide in the US market on Monday and Tuesday has been shrugged off here and the Straits Times Index rose 7.02688 words
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829 2002-05-23 4 Industrial and tech firms stand to gain the most dne to big exposure overseas Bloomberg [NEW YORK] A weakening currency may boost US companies' earnings, giving exporters an edge and generating more revenue when US businesses convert cash from abroad into US doUars.Bloomberg - 829 words
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Article2569 2002-05-23 4 UNIT TRUSTS FUNDS CitiSelect Asm Tilt Balanced 129/ Gti5elect Asia Tilt Growth 1 _2V CitiSelect Asia Tilt Enh Gfth 1.17/ MN Amro Am* Mgt (S pore) CrtiSelect Global Growth 10* Star Europe Eqtyf* 0784/ OtiSetect Global Income 1.11/ Star Europe Bd ***** Oti Global Healthcare Fwid 0.95/ Star Europe Bal2,569 words
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Page 5 Advertisements
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Advertisement188 2002-05-23 5 y*: spi i*lhii i» ii J i Ii i t I mI ,L I jl i I >j^B> v* 1 r L"n v a.—-Jm, MHB 9B *T* J I Mt a 4 1 v I n""* £&jtfKNK 1% "Mi 2 t%' -i i <I>YT J* f A 'JStt H M188 words
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Advertisement12 2002-05-23 5 Lilies confident of 4-5 volume growth for 2002, Pg 1, Shipping Times12 words
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SINGAPORE news
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Article, Illustration540 2002-05-23 6 Anthony Rowley - He says it will emerge as an economic equal with US by around 2060 From Anthony Rowley in Tokyo SINGAPORE'S Senior Minister Lee Kuan Yew yesterday rejected conventional analyses representing China's emergence as being either a threat or an opportunity toAFP - 540 words
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154 2002-05-23 6 THE Economic Development Board and the Singapore Venture Capital Association held a fund-raising session for start-ups yesterday at incubator laboratory Phase Z.Ro. During the session, dubbed Elevator Pitch, each of the entrepreneurs had just 60 seconds to persuade venture capitalists to invest in their154 words
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Article, Illustration231 2002-05-23 7 Anna Teo - r VC By Anna Teo SINGAPORE'S incipient economic recovery has staying power, says Salomon Smith Barney in a bullish report. For sceptics of the recovery, the sturdy export uptick in April should be proof enough that the glass is at least half-full,Source: CEIC, C group - 231 words
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Article303 2002-05-23 7 Christopher Tan - "n Christopher Tan COE prices had softened all round by the end of yesterday's tender, as potential buyers remained unmoved by recent vehicular tax cuts. Just as well for those who decided to buy, though. Car premiums fell by $1,600 to $2,000 from the previous303 words
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403 2002-05-23 7 David Boey - 1» MMJIMBW Merger of 3 MiU bodies to create new jobs and help draw investments By David Boey A NEW statutory board charged with promoting the media industry will be formed through the merger of three statutory boards now under the Ministry of403 words
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265 2002-05-23 7 Tang Weng Fai - Or else we face hefty future costs for waste disposal By Tang Weng Fai SINGAPORE will have to make hard choices on recycling to avoid having to make hefty future investments in waste disposal. The Environment Ministry (ENV) now incinerates more than 7,000 tonnes265 words
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NEWSRoundup
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41 2002-05-23 7 JONES Lang La Salle (JLL), a real estate services and investment management firm, announced yesterday that it has signed a three-year contract with IT giant Sun Microsystems for the management of Sun's properties in Asia-Pacific.41 words
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Article79 2002-05-23 7 KUB Malaysia Bhd plans to aggressively penetrate the fast-food market in Singapore by setting up another three to four A&W outlets this year, on top of the eight it now runs, reported Malaysia's New Straits Times. HUB chief executive officer Hassan Harun said the investment79 words
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Page 6 Advertisements
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Advertisement1825 2002-05-23 6 SALOMON SMITH BARNEY SINGAPORE PTE. LTD. VOLUNTARY CONDITIONAL TAKE-OVER OFFER FOR NATSTEEL BROADWAY LTD VOLUNTARY CONDITIONAL TAKE-OVER OFFER by SALOMON SMITH BARNEY SINGAPORE PTE. LTD. (Incorporated in the Republic of Singapore) for and on behalf of FLEXTRONICS INTERNATIONAL LIMITED (Incorporated in the Republic of Singapore) to acquire all the issued1,825 words
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Advertisement87 2002-05-23 6 fi r>^ I with I fragrant riae^Hfer^Hpfl I Garden Cafe's I lemak fs I I u oh-so-nice I I Nasi Lemak Set I I $9.90 I I Chicken wing Achar&SambolchHli I jtf V Ikantengglrl 1 glass of Upton Ice Tea I jtfjy Omelette Available during lunch St. I I T||r87 words
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Advertisement56 2002-05-23 7 Eikl v i 5 *> r <*#" > 5* I|9K» A .jMJJT i> yr, v-!. warmly welcomes Mr T Imai Mr K Kawabata ot Elki IncKstna' C Ltd ,D:r Mr Mrs Nicholas Hall ot Command Systems p t y Ltd. Australia Eiki Imaging Pte Ltd 2 Alexandra Road #07-06 Dflt«'i56 words
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Advertisement358 2002-05-23 7 INCHCAPE MOTORS LIMITED (Incorporated in the Republic of Singapore) LOST SHARE CERTIFICATES Notice is hereby given that the tallowing share certificates have been reoorted tost, destroyed or mislaidCtftrticalt No No. at Shmrmm CNa Mok Weng Sons Realty Sdn Bhd *****5 1 x 1 000 Sangat Singh *****4 1 4 465358 words
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EDITORIAL & opinion
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Article, Illustration723 2002-05-23 8 robert samuelson - JQJIMH OPINION robert samuelson The Washington Post Writers Group SOMETIMES the largest truths are the most obvious and overlooked One is this: prosperous societies are profoundly conservative. Hie conservatism is not partisan or ideological It is personal and psychological, as in: please, don'tThe Washington Post Writers Group - 723 words
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Article40 2002-05-23 8 There isn't any way on earth to verily what people are doing with those weapons.' -DmMßuwMd US Defence Secretary, on concerns about the security of Russia's nuclear stockpile on the eve of a treaty with the US40 words
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Article621 2002-05-23 8 EDITORIAL THE news that some Hong Kong banks are working out schemes to help mortgagors in negative equity is surely good news —and not just for homeowners in that plight Negative equity, which occurs when the value of a home falls below the outstanding mortgage, has621 words
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Article, Illustration1304 2002-05-23 8 Leon Hadar - Various amendments will make it difficult for the administration to advance its ambitions global trade agenda By Leon Hadar The writer is BT's Washington correspondent IT'S quite possible that the US Congress will finally approve this week their version of the long-awaitedAP FILE PHOTO - 1,304 words
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Article628 2002-05-23 8 David DeRosa - COMMENTARY Money moving into Japan on hopes recession is over By David DeRosa keeps supplying money, the DeRosa Research yen will stop rising and Trading, is also an adjunct maybe drop. Meanwhile, Ja- finance professor at Yale pan should be happy to be SchoolBloomberg - 628 words
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Page 8 Advertisements
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Advertisement111 2002-05-23 8 UNITED OVERSEAS BANK LIMITED (Incorporated in Singapore) LOST SHARE CERTIFICATES The undermentioned share certificates have been reported lost destroyed or (TMStaK):Neme CftfflCitt Nfl. No at Urn Up Mun *****79-4 1000 do *****80-4 1000 do *****48-7 500 do *****67-4 500 do *****89-1 375 do *****96 6 337 -do- *****42-5 464 -do-111 words
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MAIL bag
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Article, Illustration403 2002-05-23 9 Lim Soo Ping - Lim Soo Ping Secretary Public Service Commission I REFER to the letter "Send our scholars to Chinese universities" (Mailbag, May 20) by Simon Ng. Mr Ng commented on the need to prepare our younger "cream of the crop" to network with403 words
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166 2002-05-23 9 N Grandhi Sydney, Australia via Internet - N Grandhi Sydney, Australia via Internet I REFER to the report "Brokers looking at trading platform to rival SGX" by Catherine Ong (BT, May 16). Can Singapore Exchange (SGX) chief executive Tom Kloet clarify with what exchange he compares SGX. In Australia I pay166 words
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126 2002-05-23 9 Derek Goh - Derek Goh General Counsel Stamford Land WE refer to the letter "Stamford Land, why not be more open" (Mailbag, May 14) from Chia Hui Ping. This was in response to our earlier letter "Stamford Land gave all relevant facts" (Mailbag, May 10). We wish to126 words
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Advertisement497 2002-05-23 9 n i In The Matter Of The Companies Act, Cap. SO And In Hie Matter Of •ETA BUSINESS CONSULTING PTE LTD NOTICE Of CREDITORS' MEETING PURSUANT TO SECTION 29* Of THE COMPANIES ACT, CAP. SO NOTICE IS HERESY GIVEN thai pursuant to Section 2% of the Companies Act Cap. SO.497 words
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Advertisement125 2002-05-23 9 NEVAS PTE LTD (Incorporated in the Repubfic jJ f- o* JwiJtlpOffl IN THE MATTER OF THf COMPANIES ACT, CAP. 50 AND IN THE MATTER Of NEVAS PTE LTD (In Members' Voluntary liquidation) NOTICE Of FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Ad, Cap.125 words
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Advertisement159 2002-05-23 9 IN THE MATTER OF THE COMPANIES ACT (CAP. 59) AND IN THE MATTER OF COASTAL LINK DEVELOPMENT PTE LTD (IN LIQUIDATION) NOTICE OF FINAL MF.KITSC. NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap 50 that the Final Meeting of the Members of the abovenamed Company159 words
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EXECUTIVE suite
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Article, Illustration355 2002-05-23 10 KALPANA RASHIWALA - JLL's former MD may take up a key post next month, reports KALPAXA RASHXWALA KALPANA RASHIWALA FORMER Jones Lang LaSalle Singapore managing director Pan Tien Chor, who had said more than six months ago he was retiring after 30 years inFILE PHOTO - 355 words
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330 2002-05-23 10 Kalpana Rashiwala - By\ Kalpana Rashiwala TUAN Sing has sold two of its six freehold Leedon Park bungalows for more than $9 million each. And another two have been reserved, says marketing agent DTZ Debenham Tie Leung. The six Good Class Bungalows (GCBs) have plot sizes330 words
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942 2002-05-23 12 VINCE CHONG - Industry veterans suggest diversification, consolidation and long-term export plan as the right steps to beat downturn, reports tmce CHONG VINCE CHONG THE time is ripe for a shake-up of the construction industry, said industry veterans, and while moving abroad is one way to beat the942 words
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Article, Illustration539 2002-05-23 12 Thien - GARDFMFR'R fffW By 1 Thien It's showtime! Picture bleeding hearts, pagodas, bridal bouquets, whimsical musical notes, shooting stars and fireworks that's how Clerodendrums look like and more. They have been around for quite a while, although most gardeners here know of them mainly asTHIEN - 539 words
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Page 10 Advertisements
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Advertisement429 2002-05-23 10 NEW CAR SHOWROOMS/RESTAURANT USED CAR DISPLAY LOTS (AUTOMOBILE MEOAMABT) FOR SALE BY TENDER Address 61 Übi Avenue 2 Description 7 individual ground floor motorcar showrooms, 1 restaurant unit 5 individual used car display lots on upper floors (certain ground floor units can be converted for restaurant or banking use subject429 words
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Advertisement645 2002-05-23 11 A BT ADVERTISING SPECIAL Live your life in splendour. Indulge at Robertson 100 1 0 0 Exquisite riverside scenic route accessibility to the lined dishwashers, washing 1 jm■§ CSV living with oil the island will be blissfully dryers. Did we J Ijfg COP offer» ot to ment i° n attractive645 words
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Advertisement80 2002-05-23 12 r !*_< V J i•: .f; 1 -V ..r' J.-"'» -V'- :&*3Sg|l§j&* "^j* o %p*'\ ;*j> *•*lf e *^v-*\•«-.- A.' t'• s f"/v '"'*l si» •-*J C V J You can always tell the qualify of a resort by its decorations. fjwS? Thanks to the lugh standards we ve set80 words
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REGIONAL news
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442 2002-05-23 13 Diana Oon Abdullah - Set to open within MSC next year, it will create np to 2,ooojobs by end-2004 From Diana Oon Abdullah in Kuala Lumpur UK-BASED HSBC group will be opening its sixth processing centre in Malaysia next year, to handle banking transactions from the UK,442 words
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418 2002-05-23 13 Eddie Toh - Razali says he separates business from envoy role From 1 Eddie Toh in Kuala Lumpur RAZALI Ismail the Malaysian diplomat who helped broker the release of opposition leader Aung San Suu Kyi from house arrest earlier this month has dismissed any conflict of interest418 words
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Article, Illustration418 2002-05-23 13 Eddie Toh - He may be trying to regain control bnt his chances of success are slim From Eddie Toh in Kuala Lumpur MALAYSIAN tycoon Tajudin Ramli may be trying to buy back his substantial stake in cash-rich Naluri Bhd, but any chance of success is slim, atAFP FILE PHOTO - 418 words
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342 2002-05-23 13 From Diana Oon Abdullah - Consumer spending, external demand boost economy From] From Diana Oon Abdullah in Kuala Lumpur MALAYSIA'S economy grew by 1.1 per cent in the first quarter of this year, supported by higher consumer spending and the recovery in external demand, the342 words
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597 2002-05-23 15 BEIJING Extra levies are in response to US duties on Chinese steel exports Bloomberg Reuters CHINA, the world's largest steel producer, will impose import tariffs on nine steel products from tomorrow in response to US duties of as much as 30Bloomberg; Reuters - 597 words
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372 2002-05-23 15 HONGKONG Reuters, Bloomberg FINANCIAL Secretary Antony Leung said yesterday that Hong Kong did not plan to tax offshore mutual fluids that are managed in the territory, aiming to reassure fund managers who recently have been asked to file reports on such funds. "ThereReuters,; Bloomberg - 372 words
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Article280 2002-05-23 15 JAKARTA DO 1 calls for commitment to asset sales to win new loans Reuters INDONESIA may delay the sale of stakes in Bank Niaga and Bank Mandiri, even as the International Monetary Fund (IMF) said the country must stay committed to asset salesReuters - 280 words
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Advertisement133 2002-05-23 13 introducing a new powerhouse in the world of stock trading. c p g <p k jL^—■! f g^SHn anc Waterhouse bring you a more profitable way to trade. C from stocks in Singapore, the United States. Canada. Hong Kong. Shanghai and Shenzhen. 11 our helpful 24-hour customer support or go133 words
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Advertisement44 2002-05-23 14 KSfcrV .V-'.^ v 1 i p'""No* io** s Organised by: Supported by: Event Partner sm~ IDA J&ASOCIO f^VENTS Singapore IntormatiooTechnology Federation SINGAPORE IC Mw m Platinum Sponsors: «H!L AaKT COMPAQ. Netearitv Asia Broadband Medta hpB« Irrventkx, Z?"" 1 ••curtly managing a-buslnass relation ships 444 words
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Advertisement270 2002-05-23 15 Relish 2%* Discount! v> a j ii Sangj Choi Ma»ai jpjj H«l A Chinese lettuce .m jt i symbolic of growing fortune. fl»|EA> Jk< L.V "W Vjk'^""'-. And grow more wealth. With as llttla as $1,000 you can invast in a wida ranga of unit trusts with Maybank. Enjoy a270 words
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REGION world
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NOTEBook
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Article122 2002-05-23 16 Dow Jones Newswires [KUALA LUMPUR] Malaysia's EON Bank said yesterday it now plans to be listed on the main board of die Kuala Lumpur Stock Exchange In the second half of the year. The bank had earlier planned to be listed by theDow Jones Newswires - 122 words
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57 2002-05-23 16 Bloomberg [KUALA LUMPUR] United Engineers Malaysia's toll-road unit Projek Lebuhraya Utara Selatan (Plus) will sign agreements with bankers on the sale of RMS.I billion (552.4 billion) of Islamic bonds today. The Islamic bonds are rated "AAA" by Rating Agency Malaysia, indicating the highestBloomberg - 57 words
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Article98 2002-05-23 16 Bloomberg [KUALA LUMPUR] Malayan Banking will begin marketing as much as US$3OO million erf 10-year subordinated bonds today, bankers Involved in the sale said. Malaysia's biggest lender has said it will use proceeds to boost its capital base Bank officials will meet investors in Singapore andBloomberg - 98 words
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Article76 2002-05-23 16 Reuters [HONG KONG] Hong Kong legislators banned offshore and Internet gambling yesterday, dealing a blow to punters and unauthorised bookmakers preparing to cash in on Asia's first soccer World Cup. The ban was seen as a victory for the Hong Kong Jockey Club, the city'sReuters - 76 words
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63 2002-05-23 16 Reuters [MANILA] Philippine food and bevsrage firm San Miguel Corporation said yesterday It was not holding talks with Australasian brewer Lion Nathan for the saleofits J .BoagA Son brewery in Australia. Lion Nathan had said earlier in the week it was interested in buyingReuters - 63 words
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88 2002-05-23 16 Reuters [JAKARTA] Indonesia's state-owned telecoms firm PTlndosat said yesterday it expects to close the deal and gain fall control ofPTSatelindo—the second largest cellular firm—by June 28. The transaction, which has been encouraged by the government as a way to increase the state firm's value,Reuters - 88 words
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Article, Illustration461 2002-05-23 16 LONDON Rising personal bankruptcies the top worry of many analysts Dow Jones Newswires SHARES of Standard Chartered pic have fallen more than 6 per cent this week as analysts, fresh from a com-pany-sponsored trip to Asia, continue to express doubts about Hong Kong,Dow Jones Newswires; Source: Bloomberg - 461 words
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371 2002-05-23 16 HONGKONG Fonda to account for 20-30% of total capital market value: official Dow Jones Newswires CHINA'S securities regulator expects the investment fund industry to make up a substantial portion of the country's capital market in the near future, and is encouraging participation byDow Jones Newswires - 371 words
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420 2002-05-23 16 TAIPEI Two businessmen invited to negotiate transport links AP TAIWAN and China made rare progress yesterday in edging toward talks to scrap a five-decade ban on direct shipping and aviation ties between the rivals. China invited two Taiwanese business leaders to represent the islandAP - 420 words
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Page 16 Advertisements
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Advertisement34 2002-05-23 16 I ISH^H tf Vlfl'i 11 r JK^ J r-; r *cfe<^V S»» ~?C "A i f f&&-w Hko'&i'^E fy :> j, "*j >y y~ ;^ff'**'y^|^ i *^'yM^^TjHriff^r^^fe :^^^'v ifrytrffiffir y JIE' ~£r"-- V -1 J^H34 words
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WORLD news
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WORLDWatch
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Article62 2002-05-23 17 AP [TOKYO] The Bank of Japan yesterday issued a more positive assessment of the nation's economy for a third straight month, citing growing exports, but warned against too much optimism. The upbeat report for May followed a similar one from Japan's Cabinet Office earlier thisAP - 62 words
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58 2002-05-23 17 Bloomberg [NEW YORK] Goldman Sachs Group tapped E Gerald Corrigan, the former president of the Federal Reserve Bank of New York, to prevent conflicts of interest faced by the firm's research analysts. Goldman also said it expanded its audit and compensation committees to "assure theBloomberg - 58 words
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93 2002-05-23 17 Reuters [PARIS] French utility company Vivendi Environnement yesterday said it had won a huge water contract in China, projecting more than 10 billion euros (5516.6 billion) in turnover from a deal set to last half a century. The news came barely an hour afterReuters - 93 words
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79 2002-05-23 17 Reuters [NEW YORK] An ex-analyst with BNP Paribas is seeking at least US$lOO million in damages from the French bank after claiming he was sacked because he advised clients to sell bonds in bankrupt energy trader Enron Corp. Daniel Scotto, a former head of investmentReuters - 79 words
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Article56 2002-05-23 17 Bloomberg [MUNICH] Siemens will cut 2,ooojobs, or 7 per cent of the workforce, at its industrial solutions unit in a bid to save more than 500 million euros (SsB3o million). It also plans to sell activities employing 5,000 people in the unit that offers construction,Bloomberg - 56 words
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Article68 2002-05-23 17 AFP [SEOUL] South Korea's economy put on a 5.7 per cent year-on-year growth spurt in the first quarter of the year, underscoring its fast recovery from last year's global slowdown, officials said yesterday. The Bank of Korea had predicted year-on-year growth of 4,7 perAFP - 68 words
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Article, Illustration348 2002-05-23 17 SYDNEY Dow Jones Newswires MEDIA baron Kerry Packer remains Australia's richest person despite a disastrous investment in the One.Tel telecommunications group. According to the annual rich list issued by Business Review Weekly magazine, the wealthiest 200 people in Australia are worth A 564.88Dow Jones Newswires; REUTERS FILE PHOTO - 348 words
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280 2002-05-23 17 ■BERLIN AP DEUTSCHE Telekom yesterday announced a net loss of 1.81 billion euros (Ss3 billion) for the first quarter, several times wider than last year, as the company took charges on investments and earnings at its fixedline division slumped. TheAP - 280 words
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386 2002-05-23 17 WASHINGTON But Roger Ferguson also warns there are questions over strength of recovery Reuters THE US economy is in a "turnaround", but questions remain over the strength of its recovery, Federal Reserve Vice-Chairman Roger Ferguson said on Tuesday. Mr Ferguson made the statement after advisingReuters - 386 words
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334 2002-05-23 17 LONDON/HELSINKI Fastest growing Samsung overtakes Siemens to be No 3 Reuters GLOBAL mobile phone sales dipped in the first quarter of the year, research group Gartner Dataquest said yesterday. Overall sales to consumers declined by 3.8 per cent to 93.76 million mobileReuters - 334 words
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Article369 2002-05-23 19 DALLAS Revenue accounting change made during Cheney's GEO tenure; report Bloomberg, NYT HALLI BURTON Co changed its accounting while US Vice-President Dick Cheney was chief executive of the company to boost revenue, the New York Times reported, citing company filings. In 1998, the oilfield-ser-vices company started toBloomberg,; NYT - 369 words
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179 2002-05-23 19 NEW YORK NYT FINANCIER Ronald O Perelman is selling his largest and his most profitable holding. Golden State Bancorp, to Citigroup for US$5.B billion, the companies said on Tuesday. The purchase will enable Citigroup to increase sharply its share of banking deposits inNYT - 179 words
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Article1778 2002-05-23 17 SICOM FUTURES May22 RUBBER Futures (Dosing prices) RSSI(ScentsAfl) Close Volume Opto Low S«tt (town) Interest J« 02 I 129.25 I I Jul 02 128.00 Aug 02 128.00 Sep 02 129.00 RSS 3 (VSceadAa) Volume Ohm Mbb0> Hjfl* Low Sett (towns) Interest Jw02 7L25 I 650 J«» 02 7175 69.501,778 words
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Article5089 2002-05-23 18 Transaction date: May 22 for more, go to uyu ru ixtsiaonen ma rketssom HONG KONG HyunOcv 8 40 -0 10 1601 Vol Interchind Hldgs 0 94 012 ***** t Int I Bank of Asia 2 05 unch 1036 ■Regent Group 024 001 2902 Acros&Asia Multimedia 019 unch 605,089 words
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Article2480 2002-05-23 18 Transaction date: May 22 KUALA LUMPUR FraserSNeave 360 -010 10 VoJ FSBM .2.18 -0 02 10 KM COOO) FW Industries .0.34 001 9 Gadang 141 -0 08 17 AtMRealty 1.21 <(.04 26 Gamuda .6.40 -010 559 Abric 1.76 -003 132 GanadCorp 102 -0.03 19 ACP Industries 3.38 -002 672,480 words
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Article851 2002-05-23 18 Transaction date: May 22 1 Otm O—H Stack mm Wt O— CkMf* C*C 0 48 4.920 MatSMSOc 0-28 1540 -0070 CapitaLand 132 1660 0020 OCBC 988 ***** *0100 Chart ScnaCond 26c 159 4 260 0020 OUt 0.50 7.000 -0150 C*y Dev SOc 240 6 650 Parkway H 25c 034851 words
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Article635 2002-05-23 18 BONDS WARRANTS Expiry Lart Vol Com bar One MOb &■>■» M» ««r- rmmttt Ma %a»h| U» AST1W*****1 JO 1 16 2 1.50 25 AcmaUd W*****6 3 1 50 489 3.00 30 Amtek W*****0 .63.5 unch 150 1 33 4 1.46 37 Armstrong W*****0 .4.5 1 10 32 2.44 24 AsiaFoodPW*****2635 words
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Page 18 Advertisements
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Article4892 2002-05-23 19 Transaction date: May 22 for live prices, log on to wwu 'nsiaonemarketscom J5L LMQM* GrOiv Or. GftM Net MCac mu«9 W» I— C—p.»y S4<e W- f668» «0| t— —»»r S*r Cw W€ v3 ft5 9 6 ABNAcnroNLG 56c .9 12 14 IS «c .ft c 18 165 074,892 words
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Article48 2002-05-23 19 -r-r a ■j'u.ayia."!! srs-a ***** 40 s Dumonch US99S0 M90 S30 s ISDJUSTcdt US4S00cd 575 440 s IS M5d Spore US57S ***** *70 s rSSAPSOO USNMM I 12*0 9950 s VDRS USIKMnJ I 1105 1/04 c ST1PIT100 1740 »3 5 1741 1733 1739 174S I I48 words
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Article1513 2002-05-23 19 NmTL r!!L --P" j*** Oh. CfTU MM MCa. WIA^I fl U» 5*e W- cmm M+ U» hfc CW Wt >a M5 2! 1* "H* 63 5 175 <75 J47 ,8 'J'WaiSt 21.5cd unch 20 21.5 215 21 22 S 115 12 91 iu >1 653 273 c AS1,513 words
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Article402 2002-05-23 19 IM Day lartQwte Gr«» CM* GrTM MM HCw im, ISata W- TO M0i l— tmfm Mg Cw WI t3 ICS AVJanningt 100 A lOlcd -1 39 102 101 101 102 3* 1.7 9.4 7.4 7174 115 CO AVJ*nr»ng l A25< A lOlcd undi 520 102 101 101 102402 words
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Page 19 Miscellaneous
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Miscellaneous203 2002-05-23 19 UKVPTIC CROSSWORD ACROSS 27 Much will appear dull gang around at 50 (7) which is weanng (7) move up (5) 28 Showing uncommon respect 8 Vehicles !eft with some ad- YESTERDAY'S SOLUTION for the royal staff (7) vantage on board (7) Across: 1 Heather, 5 Picador 9 DOWN 15 0631203 words
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Page 20 Advertisements
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Advertisement274 2002-05-23 20 Time is money. It's what the financial information empire Bloomberg built their legacy on. With a reputation spanning across all global financial markets, Bloomberg L.P.'s on-time financial information network reaches over 260,000 financial professionals, 200 million homeviewers and countless newspaper readers. To ensure that the latest-breaking news is delivered on274 words
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Advertisement120 2002-05-23 20 I For over 20 yean, our qualified professionals have been assisting clients to venture offshore with confidence by providing consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions including British Virgin Islands Mauritius Cayman Islands Hongkong Bahamas Samoa Puii nominee, management, corporate secretarial, banking and professional administration120 words
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BIZIT
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389 2002-05-23 20 Factory capable of making more TV screens from a sheet of glass than its rivals Bloomberg [OSAKA] Sharp Corp plans to spend as much as 100 billion yen (551.44 billion) on a new LCD (liquid crystal display) plant to stay competitiveBloomberg - 389 words
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Article, Illustration319 2002-05-23 20 Only Qn&lcomm's revenue np among top 20 firms Reuters [SAN FRANCISCO] Worldwide sales of communications semiconductors and optical components tumbled 38 per cent in 2001, hurt by slowing economies, dwindling capital spending and an inventory glut of chips, Gartner Dataquest said. "The communications semiconductorReuters; AFP - 319 words
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289 2002-05-23 20 Bloomberg [SINGAPORE] Demand for semiconductors used in products such as computers and phones in Asia will rebound in 2002 and will rise even more in 2003 and 2004, market researcher Gartner Inc said. "We are expecting a slow recovery this yearBloomberg - 289 words
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225 2002-05-23 20 AFP [TOKYO] Ten Japanese firms will jointly develop chip manufacturing equipment for next-generation semiconductors in a bid to boost their international competitiveness, a spokesman said yesterday. The firms include NEC Corp, Hitachi Ltd, Mitsubishi Electric Corp, Fujitsu Ltd, ToshibaAFP - 225 words
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370 2002-05-23 21 Raju Chelam - Its aim is to help local companies upgrade e-business and boost global competitiveness ft Raju Chelam SINGAPORE plans to develop a standard benchmark to help local companies including SMEs upgrade their e-business and boost their competitiveness in the global markets. The supplychain management (SCM) benchmark370 words
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Article296 2002-05-23 21 IBM, EMCand Hitachi among those backing the blnefin technology Reuters [NEW YORK] More than a dozen technology companies have created a standard for data storage software called "bluefin" that will make it easier to manage their different storage products. Bluefin is supposed to enable customers toReuters - 296 words
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Article, Illustration194 2002-05-23 21 Leo Kee Chye - By Leo Kee Chye THE new Hewlett-Packard will phase out its Intelbased servers HP Server and HP Netserver and instead adopt Compaq's ProLiant servers for its product line. They will be renamed HP ProLiants. The current HP Intelbased server line will be phased194 words
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Article, Illustration389 2002-05-23 21 About 300 new features added to Solaris version 9 [SAN FRANCISCO] Sun Microsystems Inc debuted its biggest software upgrade in years, a new version of its flagship Solaris OS (operating system), which Sun is trying to integrate with Linux. Aiming to simplifyReuters - 389 words
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206 2002-05-23 21 Grace Tan - By Grace Tan COMPANIES can now automate the outpatient claims of their employees and analyse their medical information online with a new service launched by Crimson Logic, a brand of Singapore Network Systems, and Integrated Health Plans Pte Ltd (IHP). Called FlexiClaims, this206 words
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Article106 2002-05-23 21 Reuters [SAN FRANCISCO] Owners of older versions of Microsoft Corp's SQL Server computers were warned on Tuesday to make sure they change the default password settings or risk being infected by what is believed to be an Internet worm. Dubbed "SQLsnake", the worm looksReuters - 106 words
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Article, Illustration397 2002-05-23 22 Leo Kee Chye - S'pore saw shipments worth USss9m, up 26% over Q*****: Gartner By Leo Kee Chye A SUDDEN jump in purchases from government bodies, the semicon industry and the life sciences market led to robust sales of computer servers in Singapore in Ql 2002, according toSource: Gartner Dataquest - 397 words
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Article, Illustration811 2002-05-23 22 kenneth james - INFOTECH New offerings feel gung-ho spirit, bat Is San biting off more than tt can chew? kenneth james IT hasn't been a good year for Sun Microsystems Inc, but you couldn't have told from the mood at a just-concluded conference here in Kuala811 words
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Page 21 Advertisements
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Advertisement125 2002-05-23 21 Where to wine, dine and entertain... by fSjgM A World of Exclusive Privileges &~Trats MBBB wwwulinersxoiiLsg ,f 1 i JbmJ ,I 'H COOLEST NIGHTSPOT FOR A NOSTALGIC TIME Relieve the good old days with superb Itve entertainment brought to you by our all new band, me Velvets". Happy Hours: spm125 words
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Advertisement34 2002-05-23 21 n I L 1 ranq mahal Buffet Lunch. Noon to 2.30pm Dinner 6.30pm to K).3opm (Closed for lunch on Saturdays) far rwMTMttant. c* m at (69) *****7 M m tu (65) *****660 MUM MAHAL34 words
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Advertisement51 2002-05-23 21 "Fantastic value! I can enjoy SOkldS, ice CTeCHTI, local desserts Mn ice kacang and tau suan p.* fresh fruit lor only Onardaraf any locator I rnrnmrnn Hum »6JO W AUprtew*** 401 Ro«L S.njmpon 3661 25 WW T«t 6)43 0006 F**; *****033 HOTH. rww.li<it»lwi«Jioi cotn.af WINDSOR <<~~J WHoB~ I Wriopmnta P*51 words
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Advertisement58 2002-05-23 21 the best in town Discovery Pub* A Itr a u a n e r Brauhaus goes for only on Saturdays Sundays from spm onwards. It's also Happy Hours from 3 to Bpm on weekdays and whole day on weekends and KT) public holidays as A you enjoy 20% W> Jj58 words
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Advertisement23 2002-05-23 21 Ife Ifllortfl Soccer lhw»f nm-mmrni |S j zzrrr: c eSSESt )Qp HUllkl 333 Orchard Road. 23*667 Tm.TT M: 6737 4411 toe 6732 236123 words
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Article, Illustration973 2002-05-23 21 Transaction date: May 22 IHTKEBAW CTOSg EATBS 0499 4439 0405 4155 1239 4J40 27J44 ***** 0497 tW 2.124 UK ***** 27JM 1.003 1435 0479 ***** ***** 0Jt3 0J9» £2?" .J 1402 ft-7t4 140 1077 **2 50JI5 OJB IN 2.473 1374 39.070 32J05 1144 1541 1022 Z2J71 ***** 0441 MM973 words
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Page 22 Advertisements
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Advertisement133 2002-05-23 22 Lohm^KfJm t* f(t II ''^iSESfcMmmm M Actual size 25 times 'I^^^^H^JHhbsP* i^fl i'- H fHWi ■„^ppi Hk 1 Bi Kjfl K |^7/Mr, You're looking at the Mu (n)-chip, the smallest chip** on the planet. Mu-chip can be attached to most things, including passports and bank notes. It is revolutionizing security133 words
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Advertisement7 2002-05-23 22 Sim relwaaa biggest software upgrade, Pg 217 words
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SHIPPING TIMES
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Article261 2002-05-23 23 Reuters THE Baltic Dry Index (BDI) was unchanged at 1,031, the Baltic Panamax Index (BPI) gained one point to 1,082, the Baltic Handymax Index (BHI) firmed five points to 7,791 and the Baltic Capesize Index (BCI) was down two points to 1,144. TIME-CHARTER: Aquabella (built 1995) 161,000/10 dwtReuters - 261 words
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Article, Illustration766 2002-05-23 23 Beth Jinks - Bnt carriers need both volumes and rates to rise to regain profitability By Beth Jinks [SINGAPORE] Container line executives are confident of 4 to 5 per cent overall volume growth in 2002, boosted by a widely anticipated stronger second half, but expectFILE PHOTO - 766 words
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372 2002-05-23 23 Beth Jinks - Liner unhappy with service at the Hntchison terminal By Beth Jinks [SINGAPORE] Dissatisfaction with service at Hutchison Port Holdings' Felixstowe Port led Mediterranean Shipping Company (MSC) to suddenly shift 150,000 more transhipment TEUs to Antwerp earlier this year, according to the line's Belgium director.372 words
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PORTShots
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Article81 2002-05-23 23 [SINGAPORE] An international consortium of US, British and Guatemalan partners has released a blueprint of plans to construct a 500 km canal to compete with the Panama CanaL Work on the Intercoastal Logistic Centre Consortium is set to begin in January 2003 and is planned81 words
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94 2002-05-23 23 [SINGAPORE] The Sri Lanka Ports Authority will offer shipping lines handling even small transhipment volumes tariff rebates formally reserved for those which exceeded 25,000 boxes a year. Aimed at increasing Colombo's container transhipment role for south Asia, the new scheme makes lines transhipping 10,00094 words
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258 2002-05-23 23 Alec Almazan - 2b peso project expected to begin next year From Alec Almazan in Manila THE Philippines has approved a 2.0 billion peso (Ss72 million) project to expand a container terminal in the southern Philippine island of Mindanao. The project is the second phase of the258 words
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Article277 2002-05-23 23 MX 000 *mn st hi Cm Distribution 0.83 0.03 W Chum Hup 0.44 -0.01 679 Cosco Investment—0.24 0.01 464 Freight Links 0.06 unch 0 GB KoiCincs 0.81 unch 18 IMC HoMlngs-HK —5.60 unch 0 Jaya Holdings 0.24 unch 1724 Keppel Corp 4.28 -0.02 382 K»pe»l Marin* 0.19 unch277 words
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159 2002-05-23 23 Bloomberg [SEOUL] STX Shipbuilding Co, a South Korean shipbuilder, won an order worth US$l2O million to build four chemical ships for d'Amico Societe di Navigazione SpA of Italy. The delivery of the 45,600-ton vessels will be made by October 2004, STX ShipbuildingBloomberg - 159 words
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COCKPIT security
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Article, Illustration893 2002-05-23 24 The decision by the Transportation Security Administration not to allow firearms in the cockpit is drawing criticism from members of Congress, who vow to fight the decision AP [WASHINGTON] AIRLINE pilots may not carry guns, the US government has decided, rejecting theAP - 893 words
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Article128 2002-05-23 24 PACE FoongSun 5 BSA 6 fu|rtr«B 6 rtangMas 6 Gwwrtrans 4 CMACGM 3 Hwqli 4 COSCO 3 Hyundai 4 Columbus S Heung-A 3 i Central £1 4 IWSI S China Shpq 5 Kim Hung 5 t Cougar 5 Kyowa 6 t CWT GKMnt 6 KMTC 3 Defanas128 words
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Article11334 2002-05-23 28 thebusinesstimes THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Destn Name Name Number Number 29/06 29/07 UASC AL FARAHIOI CI96W 65******10 To ABIDJAN (ABJ! 2003 Cote D'lvoirt To APIA (APW) 2022 Samoa 31/05 29/06 D*mas11,334 words
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SHIPS IN PORT
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Article748 2002-05-23 31 Vess«< Voy No Berth Arrival Departure nn4 '"""'j* 1 22/05/7:35 23/05/5 00 COMI OUEROR 8 JOS 22/05/6J5 26/05/8:00 NAHSURI *****7 J12 22/05/700 22/05/17JO JO. 22/05/8:45 2^6« J8050 22/05/645 22/05/2340 SAAOIOEWA 2 92 J04 22/05/7:30 23/05/B40 a!>KTiD t J01 22/05/10:45 22/05/1440 WINSTAR J 58S02 J03 22/05/7:15 22/05/2200 BAYSWATER228 E2125748 words
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Article1901 2002-05-23 31 RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO i 1 Boofcing/Btlwce Bstlj Ship Voy No Etb/Btr Period From To From I MU 0HA» C«3t 25/2230 IA 22/1500 22/1*59 22/1900 22/1500 22/KSt 22/1900 2* 22/1700 21/0659 21/0900 21 22/1700 21/0659 21/0900 3 21/0700 21/169 21/MOO 21/1200 23/M59 21/1700 API1,901 words
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Article172 2002-05-23 31 May 25 Brunei: Prophet Muhammad' Birthday Indonesia: Prophet Muhammad' Birthday Malaysia: Prophet Muhammad' Birthday May 26 Indonesia: Waisak Day Malaysia: Wesak Day Singapore: Vesak Day Thailand Visakha Bucha Day May 27 UK: Spring Bank Holiday United States: Memorial Day May 31 Brunei: Anniversary of Royai Brunei Jan 1172 words
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Article831 2002-05-23 31 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 average sized stem Market movements are indicated. The Cockett Bunker Price Index change and831 words
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Article487 2002-05-23 31 c*** 180 Max 990.9 0.4 17.5 0.06 52 0.04 Densrty Water Hi** AUiAl—tnimn S««—t *o above E25 0 0 4 0 0 0 380 Aw 987.4 02 14J 0.05 26 0.02 Cira 380 Max 99U 0.6 19.0 0.09 S3 0.04 T1 w WO above 635 2487 words
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AIR & LAND transport
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448 2002-05-23 32 Regulator moots 2 options to Nats, will finalise decision in Jnly pending feedback Reuters [LONDON] British regulators rejected on Tuesday a request from the country's air traffic controller to raise the fees it charges airlines, forcing the partly privatised firm toReuters - 448 words
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183 2002-05-23 32 Bloomberg [SINGAPORE] Singapore Airlines (SIA) said it will add three weekly flights to Dubai from June 19 as demand from leisure and business travellers rises. After the new flights start, the carrier will fly 10 times a week to DubaiBloomberg - 183 words
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Article, Illustration521 2002-05-23 32 Improved demand, cost-catting efforts help its recovery Bloomberg [SEOUL] Asiana Airlines Inc, South Korea's secondlargest carrier, returned to profit in April because an economic recovery helped spur travel demand and cost-cutting efforts took effect. Net income reached 12.7 billion won (SslB.l million) in April,Bloomberg; FILE PHOTO - 521 words
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Article98 2002-05-23 32 Bloomberg [TOKYO] EVA Airways, Taiwan's secondlargest airline, expects to break even before tax in the three months to June 30, the Asian Wall Street Journal reported, citing the company. Expanding cargo shipments and increased travel to the island are expected to help the carrier beatBloomberg - 98 words
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Article, Illustration525 2002-05-23 32 Airlines jointly promoting each other's products [SINGAPORE] The British Airways-Qantas partnership is to offer Singapore travellers a combination of products which they claim will be the best ever in business class travel. For British Airways, its pioneering fully-flat bed in business class525 words
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246 2002-05-23 32 Carrier wins rights to fly seven weekly flights for two years starting in Nov Reuters [WASHINGTON] The US Transportation Department ended a long aviation controversy on Tuesday by granting rights to American Airlines to launch a new service from the United States toReuters - 246 words
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Article1864 2002-05-23 32 ott maw ra fuoh in urn*? 0635 $0326 cjo *6aialdt 8*7381 «40 BA7382 2215 S025 0635 8*7305 2250 Of 81 *40 Of 82 2215 6*973 0650 QF5 2250 AmtterOam S035 Oi55 6*974 0130 2305 IUJ37 1510 w.838 2225 SO 325 1445 NZ4579 2305 $024 2345 LM7781,864 words
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Page 23 Advertisements
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Advertisement76 2002-05-23 23 No guns Fiat out in the a i cockpit UK rejects air traffic controller's Page 2 bid to raise fees mm#** I For advertising/subscriptions, call Bernard Ong: 6319 1645, Jarrod Leong: 6319 2089 For editorial matters/special features: Beth Jinks: 6319 5214, George Joseph: 6319 5772 Donald Urquhart: 6319 5197 Fax76 words
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Advertisement468 2002-05-23 24 1 NORTH AMERICA ~|[~|l GULF/INDIA SUB-CONTINENT laiiPER SHUTTLE EXPRESS (SSX) |OULF KARACHI EXPRESS (OIOQ VBSE WT MB ~5T*l PKG msA VOT MA BMI ""ar™"™ 1 OOd MIT AM sown M/OS U/tS S/05 HAMOABAKI Ml 14/05 OWT 11/ M 24/05 OOQMHUU 40W19 IS/05 02/ M 04/04 PUIHIOTItCCU >11 M/OS u/u M/K468 words
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Advertisement49 2002-05-23 24 WORLDGATE EXPRESS LINES PTE LTD 190 19T M w 1 *16-03/04, Bangkok Bank BuMno, T *****9,1 F 1g mMzmmmmm ChittaflOng COLOMBO 122.0s Karachi J|s||/ powngw 23/05 Bombay ®^Ki a d ra o T^QOWcyDMAKA V 1 KARACHI/LAHORE 24.05 BOMBAY 24/06 VaK MADWAS/BAMGALORE 24.0S H CALCUTTA 27/05 Port LOUiS NHAVA SHEVA49 words
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Advertisement626 2002-05-23 24 Li"" services represented by Members of the Registry of Members of the AcCTI Shipping Agents, Singapore logistics Sngopore Shipping Association Association g uur um mum rosa voy Tim Tra Tlu P. KUNG STOKE MAlf Princess Uly 0502 05/06 06/06 14/06 Empress lily 0402 17/06 18/06 26/06 Princess lify 0602 02/07626 words
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Advertisement810 2002-05-23 25 TO USA (SAX SERVICE) rasa voy swro ux oak dai hqu |or cot mem *n kyc APIENGUNP 110i_ 29/05 13/04 17/06 17/06 17/00 17/00 11/00 17/00 19/00 19/ M API CANADA lost OS/00 20/00 24/00 24/00 24/00 24/00 25/00 24/00 20/00 20/00 APISCOTIANP 1091 12/00 27/00 01/07 01/07 01/07 01/07810 words
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Advertisement1155 2002-05-23 25 new mm cau to LONGKOU annwMHH p mtmiwpuMi mwa»(d/o) miwtm 4?as3i*/4« I Ul K K ITTU IMftlK aaaa iOHorsoma /|M I 7TH JUNE 2002 COSTAO AgMQB MM nbo7-lUIQ* WLOMSaiTO «*VWT«UI 4470Sai/IS« 47M5J71/7J SHin S« «»■<«■■«» SSK lw ,w ,w Mi S5 !SS IMS »l £3™ £5 SS 55E"" £S SS1,155 words
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Advertisement470 2002-05-23 25 OH— _KU_ _H*G Wjnß WC HI USD MTCKailllG »7» a/S a/OS ?t/S »/S 31/S 4/* KMTCSMGAPOtE 207S 2V5 31/5 2/4 4/4 5/4 1/4 mrtuimi »7w w/s 30/s 2/4 5/4 7/4 11/4 Aastfuu oo3» 25/5 w/s 31/5 KMTC HOWMOWG ***** 4/t 7/4 iq/| |y> 15/4 IM/4 pmiWMU WAWOSTM 11 OS 27/5470 words
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Advertisement927 2002-05-23 26 HMATHYUNDAI MERCHANT MARINE CO., LTD. H "f'l" b—?l.co q MO. *****H0000H I*" WT la* I sou |11 Irmi amiwlmv ifvma vm son |in tra I JUITI MM I»vI 31 MT FORUM 3MW 13/05 04/ M 29/05 JO/OS 01/ M ■asou/nt* MX M/M 17/04 21/04 23/64 M/ 05 AURWA l*/»5 02/927 words
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Advertisement544 2002-05-23 26 m HAI LINES INTRODUCING: NEW WEEKLY EXPRESS SERVICE V «E33 to 188 Weekly Express Monday sailing For more details, call HOTLINE: 1800-*****00/*****88. vissa vot m n m uht bp asudwbs uil mTm aTos 5/os T~ 1621 02/04 04/04 09/04 10/ M 143 A 15/04 14/04 19/04 20/04 'M* U/H 29/04544 words
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Advertisement577 2002-05-23 26 w as WEEKLY EXPRESS SAJUHG SCHEDULE ALSO ACCEPTING TO ALL HOW THERM AMD rasa mat vqt [ltA/m nt/rre| fiA/no nA/n»| ita/iio I lISHASIB Mil I3IMT ISMT lIMT SWT IS HIT JAhAMMEOTBS lIW 7BMAT HW ~lfW ~TB~ jgujgwi* rwmi vjm wmat jm sjw im MMHICO9 jgL_3JW iW 1 JIM Hj» KM577 words
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Advertisement1042 2002-05-23 27 IViSSa. VQY I KHH 1 HKQ I SIN I HU I DXi I Mi I DMA* mm ■AN ISFAHAN PCL-260 21/05 22/05 25/05 26/05 02/0* 03/06 05/06 07/06 jjOBMOZOAN PCL-261 28/05 29/05 01/06 02/06 09/06 10/06 12/06 14/06 ■AN TEHRAN PCL-262 04/06 05/06 OS/06 09/06 16/06 17/06 19/06 21/06 11/061,042 words
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Page 31 Miscellaneous
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Miscellaneous134 2002-05-23 31 ams, ffl JE iTTE -jflfr LEGEND: Issued by Meteorological Service Singapore K Thunderstorm A Showers y^\ f^ 3 T uu!lathp tUre J Wind direction an d speed in knots Cloudy Day weather 00 HaZ y Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light and134 words
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Advertisement18 2002-05-23 32 Enjoy up to $250 of free shopping airfrance.com.sg AIR PRANCE making the sky the best place on earth18 words
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