The Business Times, 24 May 2002
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2002-05-24
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The Business Times
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Title Section11 2002-05-24 1 THE BUSINESS TIMES MITA (P) 010/03/2002 SINGAPORE FRIDAY, MAY 24, 200211 words
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Article77 2002-05-24 1 □sn UHJB (-19.72) ST DIMS FUTURES mm 1,722j00 (-21.00) nsßßanmißß mm HAM (-2.30) STOCK HAIXET DCDICES Thursday Change KLSECOMP W&9 -6J6 NIKKEI 225 __11J7M6 +17.87 HANG SENG _1 1424.16 -178.4s SET INDEX 3KM +6J8 JAKARTA COUP _501«7 -7.96 MANILA OOMP .U2JJ4 +4J6 TAIPEI WPI 5,549.96 +8J2 SEOUL COMP77 words
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Article68 2002-05-24 1 FOBEX SATES USI st l*s$ (SS per USS) 1.716 £(U'SS/S$ per 1.467 1616 EURO(USS/S$/E). 0JB4 1.659 DM 1216 1.234 YEN 1241 6910 RM 1806 1117 HKS 7.790 4J44 BAHT 4180 2184 RUPIAH 9,000 6,611 PRIME SATES SINGAPORE* 6.25 KUALA LUMPUR 149 BONO KONG 6.125 JAKARTA 39.00 TAEPH 1726 TOKYO68 words
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865 2002-05-24 1 Genevieve Cua, Ven Sreenivasan - Issuers, advisers face legal action for false statements in prospectus By Genevieve Cua, Ven Sreenivasan [SINGAPORE] In a landmark move in line with a disclosure-based regime, the Monetary Authority of Singapore yesterday issued regulations that require issuers of stocks, debt securities865 words
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710 2002-05-24 1 Genevieve Cua - But feeder funds will still be around, at least until CPF issue is resolved By Genevieve Cua [SINGAPORE] Investors will enjoy reduced costs following the much-awaited regulations announced yesterday to allow offshore funds to be sold directly to investors here without710 words
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Article, Illustration348 2002-05-24 1 R Sivanithy - Stock jumps 76%; volume a massive 6 times IPO float By R Sivanithy [SINGAPORE] Will Westech Electronics' listing debut be a repeat of Dayen Environmental? And will the Singapore Exchange (SGX) intervene to label Westech a "designated security", as it did with Dayen? TheseSource: Bloomberg - 348 words
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Advertisement88 2002-05-24 1 DBBPB Executive Lifestyle Whafs in store at 3-week Grand Opening Festival. Back Pmga Sing Tel Suit $388 m was paid by mistake, must be returned: IDA lawyers. Mmxt Page Top Stories Telekom moves to boot Tajudin, allies out of TRI. Next Paga KT&T to sell $390 m of assets. Pg88 words
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Advertisement48 2002-05-24 1 TheßusinessTimes "I 1 weekemL w ■SBflnEfflfifflH L Caflppnfl Get your free copy of Weekend BT on Saturdays at any DBS branch or buy one at my 7-oeven outlet. Or, It you want to subscribe for the WeekendflT and have tt delivered to your home on Saturday*, ca* 6388-3838.48 words
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Advertisement141 2002-05-24 1 R Sivanlthy, Page 6 t m m, L uc Heir to a proud watchmaking tradition LU C Sport Self-winding chronometer, double spring barrel L U C -Twin*. steel use. water-resistant to 100 m I HH wm m w www.chopard.com The L.U.C collection is exclusively available at selected watch specialists and141 words
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550 2002-05-24 2 Eddie Toh - Beard will let shareholders decide matter, bat Tajudin side seen spoiling for a fight From] Eddie Toh in Kuala Lumpur TELEKOM Malaysia has turned hostile by proposing to boot Tajudin Ramli and three key allies out of the boardroom of550 words
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Article, Illustration839 2002-05-24 2 Angela Tan - SZNGTEL-ZDA SUIT TAS and Cabinet relied on Deloitte report and mistakenly believed sum was taxable By Angela Tan [SINGAPORE! Singapore Telecom must return a $388 million tax saving on the $1.5 billion compensation it received from the government for early termination of839 words
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ON THE grapevine
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Article144 2002-05-24 2 US-BASED website www.Neopets.com received a mention in Parliament yesterday from Khaw Boon Wan, Minister of State for Information, Communications and the Arts Transport. Citing its value in teaching teenagers the value of good profit management, Mr Khaw said it seems to be hugely popular with teens144 words
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Article112 2002-05-24 2 AS World Cup fever starts to take hold. Singaporeans are flocking to soccer-related sites. While it is no surprise that most of these soccer surfers are males, Internet measurement company Net Value has found that PMEBs (professionals, managers, executives and businessmen) accounted for the bulk, or112 words
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97 2002-05-24 2 IF thoughts of weekend food are coming to mind, here's some food for thought. Fans of Peter Mayle (of Toujours Provence fame) might even consider this a "crisis" of unprecedented proportions. The French bowing to the Americans on matters of the palate? Jamais!97 words
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443 2002-05-24 2 High auto demand takes figure past forecast Reuters, Bloomberg [WASHINGTON] US orders for costly manufactured goods shot past expectations in April, driven by the biggest demand for autos in more than three years, the government said yesterday in a report showing strong consumerReuters,; Bloomberg - 443 words
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372 2002-05-24 2 Inside ranners inchde acting grantor, ANZ Bank GEO, Wimtpaf HI rhinf or—mint Reuters [WELLINGTON] Wanted: Central hank governor for buzzing South Pacific economy previous inflation-taming experience an advantage. They are not quite the words being used in the search for aReuters - 372 words
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Advertisement73 2002-05-24 2 Presented by: University of San Francisco School of Business and Management Executive Education Speaker: Prof Salvador Aceves, Associate Dean H Global Management and Finance, U.S Business Accounting Practices, H U.S Business Law, U.S Company Site Visits, Network with Business Executives I Venue: Hotel Phoenix, Sunflower Room (Basement Level), Singapore I73 words
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SINGAPORE companies
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344 2002-05-24 3 Vince Chong - Mould maker gets $Lsm loan from Regional Capital By 1 Vince Chong SESDAQ-LISTED Penton International's funding search continues with the latest announcement that Sunningdale Holdings may take a 50.05 per cent stake. This followed Australia's An in Property Investments declining earlier this month344 words
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221 2002-05-24 3 Bloomberg [HONG KONG] Hutchison Whampoa and Singapore Technologies Telemedia said they would not raise their US$75O million offer for fibre-optic network operator Global Crossing, even though talks on a formal bid were extended until today. Hutchison has changed the offer to benefit GlobalBloomberg - 221 words
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Article, Illustration510 2002-05-24 3 David Boey - It targets sales of $lb by 2005 and aims to be debt-free by next year By\ David Boey KEPPEL Telecommunications Transportation Ltd said yesterday it plans to sell non-core assets with a combined book value of $390 million by end-2002 and added that managementARTHUR LEE - 510 words
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COMPANY Briefs
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58 2002-05-24 4 MAINBOARD-LISTED Total Automation Ltd, a systems integrator and process control specialist, announced it had secured a $2 million contract to upgrade another two liquefied petroleum gas (LPG) vessels. The new contract is in addition to a previously awarded $2 million upgrade of two sister ships,58 words
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Article85 2002-05-24 4 Reuters ELECTRONICS contract manufacturer Huan Hsin Holdings yesterday said it had secured a Taiwanese notebook manufacturer as its third customer for its notebook casings. The Taiwan-based and Singapore-listed firm, which produces 70,000 casings a month at its plant in Shanghai ranks Taiwanese laptop computersReuters - 85 words
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Article98 2002-05-24 4 Reuters WBL Corp said net profit was down 36.7 per cent in the six months to Mar 31,2002, to $5.40 million. Earnings per share fell to 3.10 cents from 5.00 cents. Turnover dipped to $446.77 million from $456.63 million. Interim dividend was unchanged atReuters - 98 words
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Article79 2002-05-24 4 Reuters MFS Technology said for the six months to Mar 31, 2002, net profit fell to $2.08 million from $9.19 million. Earnings per share was 0.50 cent from 2.50 cents. Turnover fell to $41.86 million from $50.66 million. MFS makes and sells flexibleReuters - 79 words
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313 2002-05-24 4 Andrea Tan - Rising patient yields, improving demand cited as positives By. Andrea Tan AFTER falling out of favour with investors last year. Parkway Holdings, which gave its first-quarter corporate update on Wednesday, received several upgrades yesterday from analysts who cover the healthcare stock. Goldman Sachs has upgraded313 words
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Article237 2002-05-24 4 Reuters GOLDMAN Sachs has kept an overweight rating on the Singapore property sector, with City Developments and All green Properties as top picks as the government reviews its housing policy. The city state said early this week it was reviewing its housing funding policies and may allowReuters - 237 words
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301 2002-05-24 4 Vince Chong - JV with Chinese partner will build 1,800-home project By Vince Chong KEPPEL Land announced yesterday that it will jointly develop with the Beijing Urban Development Company, its first project in the Chinese capital a 1,800-unit residential development. This development will come up on a301 words
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504 2002-05-24 5 Bat recovery in technology spending still not in sight, the company says Reuters A STRONG outsourcing trend is bringing Flextronics International Ltd better business in its consumer electronics and computer segments, but a convincing recovery in tech spending remains elusive, the company says. The Nasdaq-listed, Sin-gapore-basedReuters - 504 words
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Article, Illustration331 2002-05-24 5 Grace Tan - Bering wants Internet links for 90% of schools CEO By Grace Tan SGX-listed Achieva, which specialises in electronics and IT-related products, is banking on China as a key market. Fresh from sealing a joint venture with Beijing Stone New TechnologyFILE PHOTO - 331 words
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712 2002-05-24 5 harish mehta - lock siew harish mehta AS Thailand's economy recovers, property and building materials stocks are back in favour, joining the ranks of the all-time favourite communications stocks. The recovery is, after all, driven by consumers, whose purchases of all those homes and cellphones are712 words
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Advertisement116 2002-05-24 3 Are you starting a new business or buying into a business in Australia? Gee**BlflwCwpereliewBiSe|#mbefinii Tnj» [iirk\M7vintVV wih n-hous* Atiflrdm IwrtxptrtMsswl bmi asoasfcr^alußfcpwAilwfaqAws*dtailj« fni ii«hwr rwfcttid by Cudwhi' firm ITi nri nhh tn iiitiiii itim iilmiwh in itai Aiitirihi Urw Pft. lU MUwtej tapiu. Doll Saturday, 1 Jura 2002 SMNthaiMi/MmriiMi Tm116 words
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Advertisement126 2002-05-24 3 LOEWE. Great Singapore Sale lifrr "ii ,m\t m -n7ir cgfaSMM^g-c.* 1 *e»L V J %3k<£m lis, hup ll I jgg| '^y lir |3 gg I. i Ar+irnc ICOS MTllViOj Watching TV becomes a unique sensory experience with Articos 32. Closeup, the contemporary clarity is reflected in the combination of glass126 words
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Advertisement680 2002-05-24 4 w yaawv J L.CU In ■duillii call toll-free 1800 *****22 /bull rrfnritsfyth foa wt IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF P) UNK-SYSTEM DE9ON (S) PTE LTD 0) F. BOURQEOtS RESTORATION CONSULTANTS ASM PTE LTD (M) BUYALLASM.COM PTE LTD (IV) BXMSMCOM PTE LTD680 words
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Advertisement710 2002-05-24 4 IN THE MATTER Of THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF PSC HOLDINGS (1968) LIMITED (In Members' Voluntary Liquidation) NOTICE Of RESOLUTION At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 348 Jalan Boon Lay, Singapore *****9 on the710 words
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Advertisement706 2002-05-24 4 THE COMPAMES ACT, CAP. SO TRIVNET (SINGAPORE) PTE LTD (to T m—n I '<M**bii) At an Extraordnary General Meeting at ttw abovenamed Company held on the 20th day of May. 2002 the following resolutions were passed SPECIAL RESOLUTION VOLUNTARY WMOMG-UP IT WAS RESOLVED THAT the Corrpany be wound-up voluntarily pursuant706 words
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Advertisement704 2002-05-24 4 In Aw Motor of Ttw Compomet Act, Cap SO and In #ie MaNv of K JEWlllf«V Wit LTD Nofcce of Ketofi«ont (or Memberi Voluntary Wmdmo-Up (Punuant to Section 290) At liie Extraordinary General Moating of liie members of I K JCWEIiftY Wit LTD duty con—nod ond hold at Hot No704 words
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Advertisement423 2002-05-24 4 NOTICE OF FINAL MEETING The Companies ACT CAR 50 GuonYi Construction Pto Ltd. (in Members' Voluntary Liquidation) NOTICE is hereby given pursuant to Section 308 of The Companies Act Cap. 50 that the Final Meeting of Members of the abovenamed company will be held at 24, Jalan Yasin, Singapore *****4423 words
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Advertisement430 2002-05-24 4 IN THE MATTER OF THfc COMPANIES ACT I CAP 50) AND IN THE MATTER Of THE SPORTS EXPRESS PTE LTD THE: SWANK 5H0P(1993) PTE LTD VKRWIN (SINGAPORE) PTE LTD (IN LIQUIDATION) NOTICE OF RESOLUTIONS Al Extraordiiury General Meetings of each of the Companies duly convened and held at 30 Man430 words
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Advertisement786 2002-05-24 4 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF CS TELECOM ASIA PACIFIC PTE LTD (In Creditors' Voluntary Liquidation) NOTICE Of FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act. Cap. 50. the Final Meeting of the Company and786 words
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Advertisement321 2002-05-24 4 M THE MATTER OF THE COMPAMES ACT, CAP. SO AND IN THE MATTER OF KOKAMG SINGAPORE PTE LTD (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of KOKAMG SINGAPORE PTE LTD duly convened and held at 3 Shenton Way #10-01 Shenton House Singapore321 words
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Page 5 Advertisements
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Advertisement199 2002-05-24 5 The world's first massage chair that understands your body's needs. MASSAGE HEALTHCARE *T -vmr- .v.. .-,..-> v How tired are you? What exactly does your body i i. a ccn nnn 0 n 1L L Wl/ M Upto CJ)DU,UUU worth of cash and prizes With need Questions that the revolutionary199 words
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SINGAPORE markets
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Article, Illustration321 2002-05-24 6 OTHER SINGAPORE INDICES May 23 VALUE CLOSE BT OB/OS 168.00 12.00 BT CAM -*****.00 -84.00 BT 10-day MA *****.00 -17.00 M-SGEjbMM 454.30 -4.55 Elect 155.25 -0.30 SGTplnFh 1531.22 -23.01 432.48 -3.60 MSaShg»poi» 215.66 -2.74 SMSCI Frtam 216.60 -2.30 Slocks Volume WesTech 10c 115,357.000 GokJtron 5c 42.252,000 IPC020C 31,115,000 TMC Int321 words
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Article, Illustration262 2002-05-24 6 Ven Sreenivasan - HOT STOCK/ WARRANT By Ven Sreenivasan PARKWAY Holdings, whose stock has been trawling the bottom for months, was again in the news this week as it announced plans to divest some of its non-core interests. The stock slipped 1.5 cents to 86.5262 words
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Article, Illustration762 2002-05-24 6 r. sivanlthy - STOCKS r. sivanlthy LETS hear it for IPOs! After all, where would the local market be without them? And how would brokers pass the time if not for the massive punting chances afforded by new listings especially since the Straits Times Index yesterday sank 19.72762 words
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Article, Illustration598 2002-05-24 6 larry wee - I li comment CURRENCIES Bat many expect this to only slow yen's rise, not reverse trend larry wee THE Bank of Japan (BOJ) stepped in to buy US dollars again at the Asian close yesterday, lifting the greenback towards Wednesday'sSource: Reuters - 598 words
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Article2842 2002-05-24 6 UNIT TRUSTS FUNDS CrtiSelecl Asia Titt Balanred 1.2V CitiSelect Asia Tilt Growth 1 21 CitiSetect Asia Tilt EnhGrth 1 16/ AM Amro Asset Mgt (S'pore) CitiSelect Global Growth 1 OB/ Star Europe Eqty! A 0 76% CitiSelect Global Income 1.11/ Star EuropeBd 0975/ Citi Global Healthcare Fsmd 094/ Star Europe2,842 words
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Advertisement639 2002-05-24 7 I iHi 11-1 /T& 105 lm Portant Pendant Cabochon Emerald 128 7tof S 520 000 JlO 000 T" 1 ntf 0109cts DO 28cts SSPs 132-10 smm V V f- jSfm 1" 1 08 Sapphire Cufflinks Dress Buttons Set jtMftW*» (Only cuffhnks photographed) $10 800 5 000 105 Bss(j 110 EmeraldToiamond639 words
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SINGAPORE news
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256 2002-05-24 8 Adeline Chia - The regulator wants to study the cost of setting np such a network By. Adeline Chia THE Infocomm Development Authority (IDA) has asked Singapore Telecom and other mobile phone operators to take part in a study on allowing customers to retain their256 words
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Article216 2002-05-24 8 AnBciatiBß mulls appeal for •ao-year reprieve to rebuild Bloomberg THE Singapore Retailers Association is considering petitioning the government to delay raising the island's goods and services tax by a year, said Jannie Tay, president of the trade group. Singapore plans to increase the tax toBloomberg - 216 words
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Article, Illustration238 2002-05-24 9 Chen Huifen - _£I£LliiiiLm l 1 l l 11 i'^ By i Chen Huifen THE inflation rate continued to fall last month, as consumer prices eased 1.1 per cent year-on-year. With April's fall, Singapore's consumer price index (CPI) has seen six consecutive months of year-on-year decline. The indexSource: DOS - 238 words
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596 2002-05-24 9 Kalpana Rashiwala - NgTeng Pong's firm beats Wee Cho Yaw's UOL with top $100.8 m bid By Kalpana Rashiwala IN what could be described as an upset win at a state tender yesterday, property magnate Ng Teng Fong looks set to break Wee596 words
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190 2002-05-24 9 GIC Real Estate has paid Asl6o miUion (*****.5 million) for the five-star Westin Sydney hotel the biggest deal in the Australian property market so far this year. The purchase is in line with GIC RE's strategy to accumulate core hospitality190 words
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374 2002-05-24 9 Andrea Tan - By Andrea Tan APPLICATIONS for the use of CPF funds to buy private homes more than doubled during the first quarter to 3,448, from 1,508 in Q4 Developers sold 4,145 units in the first quarter, up from the strong 3,111 units sold374 words
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222 2002-05-24 9 Tang Weng Fai - It H have access to SLA data to market and build applications By' Tang Weng Fai THE Singapore Land Authority (SLA) moved yesterday to encourage the adoption of location-based services (LBS) by giving the private sector access to its data. Location-based services allow222 words
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Advertisement3453 2002-05-24 8 OFAR EAST FINANCE ORGANIZATION LIMITED AND ITS SUBSIDIARY (Incorporated in the Republic of Singapore) BALANCE SHEETS AS AT 31 DECEMBER 2001 B*Gmug ThoCompony Th.Group TK. 2000 2 00, 2000 2001 RXH) ASSETS 3 6.083.733 6,346,400 6.083.733 6 346 400 1 INVESTMENT IN SUBSIDIARY 4 10,000 10.000 Kepresenhng QUOTH) EQUITY INVESTMENTS3,453 words
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Advertisement52 2002-05-24 9 IIM .-> s Awi j.s**^ '-/c !\v^w w¥grt7fr^gfjfc X *\S^ Thanks to us bezel unfolding Sw0q9 at 12 o'clock, Upstream initiates a new 55 m a x-mM GESTURE, A NEW WAf OF EXPERIENCING TIME. 8 1 I f: ">■•, r.,;,. H 0 R L 0 G E FN E v52 words
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EDITORIAL & opinion
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Article, Illustration745 2002-05-24 10 frank ching - THEHH ■asiEEiina OPINION frank ching The writer is a Hong Kong-based journalist and commentator THERE is a story told about Mao Zedong, perhaps apocryphal, that he once admitted that he had made a mistake in proclaiming the establishment of the People's Republic of China745 words
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Article85 2002-05-24 10 'Once war breaks out the military dynamic of obtaining a favourable outcome takes control. The spiral of politico-military escalation that begins to unfold has a momentum of its own, which even experienced statesmen find difficult to control' -TRlafbmi a retired Indian lieutenant-general, on the prospect of a85 words
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557 2002-05-24 10 EDITORIAL THE Association of South-east Asian Nations (Asean) agreed this week to work more closely to combat terrorism in the region. It was the most concrete collective step taken yet by the grouping since the fallout of Sept 11 reached the region's shores. Given Asean's557 words
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Article, Illustration1177 2002-05-24 10 Anthony Rowley - NPLs are a problem that is stifling growth in numerous Asian countries, no matter how much fiscal and monetary stimulus is applied From j Anthony Rowley in Tokyo IT is a problem that will not seem to go away, despiteSource: World Bank - 1,177 words
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457 2002-05-24 10 Chin Hock Jin - MalLltETy Chin Hock Jin Executive Director Redas Singapore THE Real Estate Developers Association of Singapore (Redas) would like to thank BT for the article "Redas: Don't aim CPF changes at private homes" by Kalpana Rashiwala and for Lee Han Shih's column "70% of CPF is457 words
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Article242 2002-05-24 10 Chia Hui Ping Singapore - Chia Hui Ping Singapore MY letter ('Let A V Jennings join co-trading arrangement', March 26) mentioned that the co-trading scheme between Singapore and Australia excludes A V Jennings (AVJ) despite the stock being listed on both Clob and the Australian Stock Exchange (ASX). MPH later clarified242 words
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Article204 2002-05-24 10 Leong Sze Hian Singapore - Leong Sze Hian Singapore I REFER to the article "Loan interest eating into CPF: Boon Heng" by Andrea Tan (BT, May 11). When the CPF could only be used for housing, it fuelled the property market. When it was extended to Singapore shares, it fuelled204 words
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REGIONAL news
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393 2002-05-24 11 KUALA LUMPUR Move by toll road nnit comes ahead of initial share sale in July Bloomberg UNITED Engineers Malaysia Bhd's toll road unit will write off RM4.2 billion (551.98 billion) owed by its parent and another related company as part ofBloomberg - 393 words
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Article475 2002-05-24 11 KUALA LUMPUR Brother, associate match reserve price ofßMslomfor tycoon's 45% stake Reuters THE brother of Malaysian businessman Tajudin Ramli and a close associate have matched the reserve price for his forfeited 45 per cent stake in shell firm Naluri, sources close to the bidders saidReuters - 475 words
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Article, Illustration327 2002-05-24 11 HONGKONG Dow Jones Newswires CHEUNG Kong (Holdings) Ltd said yesterday its balance sheet is as healthy as any company with top credit ratings, though it agreed with Standard Poor's recent verdict that Hong Kong developers' profit margins can no longer match pre--1997 peaks.Dow Jones Newswires; REUTERS FILE PHOTO - 327 words
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438 2002-05-24 11 KUALA LUMPUR THE dispute between the two families controlling the Tan Chong empire has now moved from the courtroom to the boardroom, with attention focused on the coming AGMs of the group's listed units. The Star reported yesterday. Three units listed438 words
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525 2002-05-24 12 JAKARTA Draft letter to IMF also says Bank Mandiri sale may be delayed to Q3 Reuters INDONESIA expects to launch majority stake sales in Bank Danamon and Bank Lippo in 2002, pushing the total number of key banks to be sold toReuters - 525 words
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402 2002-05-24 12 AFP [TAIPEI] Some 150 Chinese firms are to recruit several hundred high-tech and financial experts from Taiwan through recruitment agencies in Hong Kong and Taipei, local manpower agencies said yesterday. The Taipei-based 1111 Job Bank will work with a Hong Kong head-hunter toAFP - 402 words
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247 2002-05-24 13 TAIPEI Bloomberg TAIWAN Semiconductor Manufacturing Co (TSMC) plans to register its patents in China in preparation for the opening of its first plant in the world's third-largest chip market. The world's biggest made-to-order chipmaker denied an Economic Daily News report that the planBloomberg - 247 words
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Article, Illustration423 2002-05-24 13 BANGKOK Big boys like 6M and Toyota could squeeze them out of market Reuters SOUTH-EAST Asia's car industry will find itself squeezed by stifT competition from giant emerging neighbour China, but that will not spell its demise, industry experts said on Wednesday. China's expandingReuters; RENTERS FILE PHOTO - 423 words
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Article321 2002-05-24 13 Harish Mehta - It's the only S-E Arian country that's unaffected by global slowdown, says UN body From] Harish Mehta in Bangkok VIETNAM'S economy is forecast to grow a robust 6.1 per cent this year, and to accelerate to 6.8 per cent next year and 7.3 per cent in321 words
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134 2002-05-24 13 HOCHI MINH CITY Reuters A WAR between India and Pakistan could do serious damage to the world economy through its effect on oil prices, the World Bank's chief economist said yesterday. Nicholas Stern told Reuters on the sidelines of a World Bank-sponsored businessReuters - 134 words
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Page 11 Advertisements
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Advertisement62 2002-05-24 11 HOME NEEDS The Straits Times Classified. KS Classifications 90 120. |Jg Buy it Scfl It Find It Movie Treats end mane*.. ■*j.« Hi Preview will be held at Shaw Preview Theatre on 21 May 2002 at 7pm or 9pm. Hotel Phoenix Basement 1 HOTEL PHOENIX 277 Orchard Rood Singapore *****862 words
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Advertisement58 2002-05-24 11 wM |EL X 3 m S L Hampton Milleis CHEW CHEONG WATCH CENTRE CORTINA WATCH DELUXE EASTERN WATCH EMOTUS TIME CULTURE GASSAN WATCH T2 (SOUTH) PRECIOUS TIME ROY EASTERN WATCH ROYAL WATCH CENTRE SINCERE FINE WATCHES SINCERE FINE WATCHES DUTY-FREE Tl (WEST) SINCERE FINE WATCHES DUTY-FREE TI (EAST) TIME CLUB58 words
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Article, Illustration1237 2002-05-24 12 Transaction date: May 23 IMTERBAMK CROSS RATES A$ C$ Bwb Euro Ffr Dm HK$ Iwd 8s ttuplah Vw Won IH IfiMli Pmo S$ tand SfrWTSMrt PtnmO USS Australia 0.853 4.609 0.601 4.128 1.231 4.332 27.232 49.986 0.690 6.871 2.111 1182 33.355 27.678 0.997 5.626 0.874 19.100 23 771 0.3811,237 words
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Article1733 2002-05-24 12 SICOM PUTUKBS May 23 RUB8ER Futures (Closing print) RSS1 (S cents/kg) VohMM Ooen **"> W9I1 low Sett (tomms) Irt.5t Jun 02 130.75 Jul 02 129.50 Aug 02 129.50 Sep 02 00.50 ISS 3 (US cents/kg) Yd time Open Mont Low Sott (town) l«t«mt JW02 7225 650 Jul 02 72.751,733 words
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Article4685 2002-05-24 13 Transaction date: May 23 for more, go to wwu ixisiaonen ma rketsxxrm HONGKONG HysanDcv JJ5 -015 1136 c *2 mterchina Hldgs 0.93 -001 1766S "O 1 Irit'l Bank of Asia ..2.05 unch 718 S3: £S si ssls ?Si: "1 5a?8S8 S8 J £2* 2« 2™ KefryProp 785 Beij4,685 words
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Page 13 Advertisements
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Advertisement115 2002-05-24 13 I July Intakes I I One year Foundation course for GCE 'O' level students. I I 7 months Fast Track course for GCE 'A' level I students. I I 'Graduates were offered places at the prestigious University of Melbourne, including Medicine, I Law, Commerce, Dentistry, Physiotherapy, I Veterinary Science, Engineering,115 words
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Advertisement461 2002-05-24 13 Call totl-Cree 1800 289 8822 IN THE MATTER OF THE COMPANIES ACT. CAP. SO AND IN THE MATTER OE KING CAR INTERNATIONAL INVESTMENTS (SING APORE) PTE. LTD. <la Member's \olunUn liquidation! NOTICE OE EINAI Mt mw: NOTICE IS HEREBY GIVEN pursuant to Section V»K „f the Companies Act. Cap V)461 words
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Advertisement413 2002-05-24 13 IN THE MATTER OF THE COMPANIES ACT. CAP 50 AND IN THE MATTER OF LEND LEASE ORGANISATION PTE LTD (to Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 306(1) of the Companies /to. Cap 50 that a Final General Meebng of the abovenamed Company win be held at413 words
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WORLD news
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516 2002-05-24 14 TOKYO Robust Asian demand cited; bat analysts see danger from rising yen AFP JAPAN'S trade surplus rose 26.6 per cent in April from last year as exports increased for the first time in 13 months powered by robust Asian demand,AFP - 516 words
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Article, Illustration275 2002-05-24 14 SAN FRANCISCO Reuters CRAIG Barrett, chief executive of Intel Corp, on Wednesday proposed that companies be required to expense stock option grants given to their top five executives, proposing a middle ground in what has become a hotly debated issue since Enron Corp'sReuters; REUTERS FILE PHOTO - 275 words
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314 2002-05-24 14 Neil Behrmann - From Neil Behrmann in London TWO European hedge fund managers that actively pursue marketing campaigns in Asia have merged into a group that now manages around US$2O billion. Man Group, a Londonlisted group, has acquired RMF, a Swiss-based asset manager for314 words
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312 2002-05-24 14 NEW YORK Reuters, LAT-WP STATE regulators and at-torneys-general are gearing up separate inquiries into research analyst conflicts at other major Wall Street firms, on the heels of Merrill Lynch's settlement, the Wall Street Journal reported yesterday. On Tuesday, Merrill reached a US$lOO millionReuters,; LAT-WP - 312 words
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WORLD Watch
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Article69 2002-05-24 14 IMiNLiAr'iJKt.j German luxury carmaker BMW Group is launching a 35 million yen (5|506,645) Samurai bond issue in Japan next month. This is the company's first issue in the Japanese institutional capital market. BMW said it was tapping the Japanese market to further diversify its69 words
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66 2002-05-24 14 Reuters (TOKYO] Speculation grew yesterday that Japan Telecom Co, controlled by Britain's Vodafone Group Inc. was preparing to sell its struggling fixed-line business, despite a denial from the company. Japan Telecom shares rose after Nihon Keizai Shimbun reported that Vodafone, which owns 66.7 perReuters - 66 words
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75 2002-05-24 14 Bloomberg [SUNNYVALE, California] Yahoo! Inc will stop offering Internet auctions in six of the largest European countries and promote rival EBay Inc's services instead as part of efforts to return to profitability. The owner of the world's most-used group of Internet sites will closeBloomberg - 75 words
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86 2002-05-24 14 Reuters [WASHINGTON] New claims for US unemployment benefits fell by 9,000 in the latest week, but remained stubbornly high with a slowly improving economy failing to translate into job growth. The level of initial claims for state benefits, which gives an early reading onReuters - 86 words
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82 2002-05-24 14 Reuters (STOCKHOLM] Europe's biggest debt collector Intrum Just it ia, aiming to list in Stockholm in June, has been hit with a multi-million dollar compensation claim for loss of control, a Swedish court official said yesterday. The 3.35 billion Norwegian crown (*****.1 million) suitReuters - 82 words
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350 2002-05-24 15 SEOUL They will convert US£iL3b bonds into shares and gain majority stake NYT THE creditors who have kept Hynix Semiconductor on life support since the Korean economic crisis have decided to take control of the company's board, which has obstructed their effortsNYT - 350 words
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231 2002-05-24 15 LONDON Study shows firm* cutting back on expensive foreign assignments Reuters GLOBAL companies are cutting back on one of their greatest staff incentives a well-paid, long-term overseas assignment where cars are provided, rent paid and children educated, all on the company account. A studyReuters - 231 words
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Article254 2002-05-24 15 Reuters [LONDON] Britain's financial services watchdog has told a business forum "the cult of the guru analyst is less prominent" in London than in New York, but that not all London analysts were completely objective, newspapers said yesterday. The comments by the Financial Services AuthorityReuters - 254 words
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Article, Illustration487 2002-05-24 16 Notes barely trade in secondary market despite strong subscription Dow Jones Newswires [NEW YORK] Berkshire Hathaway found enough demand for its new negativecoupon convertible bond to nearly double the offering, but whether the latest structural innovation will catch on is another matter. After underwriter GoldmanDow Jones Newswires; BLOOMBERG FILE PHOTO - 487 words
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460 2002-05-24 16 UNITED NATIONS UN panel says little progress made in tracking Osama's fnnds Reuters WITH countries freezing assets of al-Qaeda, some clandestine groups are diversifying into gold, diamonds, lapis lazuli, sapphires and other precious stones to launder funds, a UN report said on Wednesday.Reuters - 460 words
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123 2002-05-24 16 Reuters [ACCRA, Ghana] God is as good a guide as anyone when it comes to economic forecasting, the world's most powerful finance minister said on Wednesday. Visiting a community project in Ghana designed to help women earn more money from smoked fish, US TreasuryReuters - 123 words
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222 2002-05-24 16 BUENOS AIRES AFP US Treasury and IMF officials are to be investigated in Argentina over coercion allegations against the government of President Eduardo Duhalde, official sources said on Wednesday. Federal prosecutors agreed to investigate charges that pressure was brought to bearAFP - 222 words
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Article2360 2002-05-24 14 Transaction date: May 23 KUALA LUMPUR FraseriNeave .360 unch 4 Vo j FS8M 211 inch 5 BM rOOO) w Industries 0.34 inh 0 Gadang 140 -0.01 44 AftMRealty 130 -0.01 26 Gamuda 6.30 -0.10 2390 Abric 1.76 inch 86 GanadCorp 1.00 -0.02 21 ACP industries 3.32 -0.06 433 GanzTedi2,360 words
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Article783 2002-05-24 14 Transaction date: May 23 o— o—t imtkmmm 1 Oi Qwyi CAC 049 4JB 0040 HacStaal 50c 0.20 1 530 OOM CapKaLand 133 V660 OOC 977 12JOO OJOO Owt ScnCond 26c 199 4200 0060 out 0.51 7000 City Dav 50c 237 6.900 -0150 ParimayH25c 0.34 0J65 -0015 CmOw T 25c783 words
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Article616 2002-05-24 14 BONDS WARRANTS 9mm Expiry 1M MCm Eur Mr mtrn M» —r- p——• Wet Ufc AST1W*****1 JO unch 59 1 16 1 152 25 Aetna Ltd VW***** 1 1 50 489 3 00 30 Amtek W*****0 AS -1 105 1 33 4 146 37 Armstrong 1MM0520 AS 1 10 32 244616 words
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Article3083 2002-05-24 15 Transaction date: May 23 for live prices, log on to iimwxisiaonernar/cetsjcom gt. c— a a jr u.a!"a.*t g'a-a 9 t ABNAmroMLG 56c 9 12 ia 1 is 2,'i JM s SS 2 475 US s ASA In 0 1 J* 555 555 560 23B 21 43 14J 1420.33,083 words
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Article58 2002-05-24 15 MTlL 52 W. r£L Mk HKa Mta 1 f— u» «■>» >*r cv Ht «3 ftjg 10B0 40 s Dtamondl US9960 am MX i SDJUSTach UMfOOsd 575 440 s ISMSOSpor* US575 U57D WO > I55V500 USMMDcd --1111"""* 1MB) «H0 s StW USWM -40 ***** ,0940 1« 1704 c58 words
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Article830 2002-05-24 15 ■ST- ri i a w. A g a as s s.'gay BJ Si 45 445 S e°s Sc S? "I 25 S Si S S SS ,5 3 43' 5c —H unch 63 14 it c <c «c c f** i*lg=|s SO t c 4afccrTach20t B 2X4 J830 words
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Article259 2002-05-24 15 SfOhr M. GrTU MM MCj> L— riMij U* W- w lw 6»yr Htm Cm til jS "W 39 105 101 103 104 36 1.7 9.2 7* 221.7 AVieininfli A25c A 104cd *3 1153 10t 102 104 105 40 3.4 9.6 CI 223J 720 265 2.1 7.4 6 *****.2259 words
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Page 16 Advertisements
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Advertisement93 2002-05-24 16 pic/yic Qje/uax QusHty Space for QuaHtyThn* Designed with a lot of inner space. Engineered like something from outer space. ■KKfeß Mi VHHHF vHJ nflß WT-i engine Dual SRS airfaags Luxurious interior Second row air conditKjn.no Reverse sensor W th aud, ®y stem Details of specifications and equipment may vary from93 words
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THE ARTS/GOLF
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Article498 2002-05-24 17 Adeline Chia - Byi Adeline Chia IT was one for the books: an upstanding Singaporean audience shouting obscenities with a verve that left pretty much everyone feeling good. A new take on laughter clubs? Rather, the DBS Life! Theatre Awards on Thursday at the Fullerton Ballroom, and the498 words
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Article, Illustration395 2002-05-24 17 SAMUEL EE - Pumping iron before you lift those irons is one way to a more powerful swing, Samuel ee finds out how SAMUEL EE FORGET bulging biceps and pulsating pecs. If you want to generate more power in your golf swing, the often-overlooked torso is the key. "Power in aPHOTOS BY CHRIS LOH - 395 words
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Article, Illustration341 2002-05-24 17 Ven Sreenivasan - By' Ven Sreenivasan PRICES of golf memberships here and the region were flat in the last two months, reflecting the cautious consumer sentiment. The open market prices of leading golf clubs in Singapore and the region plateaued in April and May after rising341 words
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Article, Illustration558 2002-05-24 17 PARVATHI NAYAR - Two local salsa teams will take part in an international salsa congress but the real winner will be S'pore tourism. PARVATHI MAYAR finds OUt why PARVATHI NAYAR SINGAPORE salsa gets a major international boost this weekend, when two local salsa teams from Attitude Dance Studio and Jitterbugs558 words
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Article373 2002-05-24 17 Aaron Lye - CowKidfcy, Aaron Lye PERFORMANCES A production by the Asia-in-Theatre Research Centre based on the Hindu epic of Rama and Sita. Ramayana uses elements of Asian theatre, bringing a classical story to life with dance, live music, multimedia and Malay and Sikh martial art forms. Until May 26,8pm, The373 words
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Page 17 Miscellaneous
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Miscellaneous196 2002-05-24 17 unirnC CROSSWORD Like three eletf rc light bulbs bumiog continuously? (2, 3, 10 But he should also know Across: 1 Exclaim, 5 Showers, what the left is doing? (5-4, 9 Earache, 10 Eyesore, 11 TanVU*. 4 /n4 3) go, 12 Endearing, 13 Retract, Pushing the boat out? (9) 14 Place196 words
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Page 18 Advertisements
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Advertisement385 2002-05-24 18 r Bena I akira I ttbp <y I %r c e ;:ir r-rHt c »"7~7\ 1 Ifi— i liiW 11IC11M and be a Winner &*£*> ""3, fmm»s*i am 1 acHWMSMi«ANi s n<l """"nan i« sWe receipt 4 toy participating outlet and cal the hotline on the 1 jßfe \aairtJa®aJ samei^tos^ywM^forbottoar^^Fofta^Drm!385 words
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CINEMA
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Article, Illustration560 2002-05-24 19 Parvathi Nayar - While 'Murder by Numbers' is good fan for crime-film enthusiasts, it falls short of being memorable By Parvathi Nayar BARBET Schroeder's Murder by Numbers has a vein that draws blood —even if it conies musclebound within another storyline that's more a plot by numbers. The bit560 words
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Article, Illustration319 2002-05-24 19 Susan Tsang - By\ Susan Tsang CHARLOTTE Gray is a war movie with a difference. Instead of battle scenes, bombs devastating cities and countryside, or orphans crying among rubble, the filmmakers decided to create a new genre war as nostalgia. Unfortunately for the film, not all innovation is319 words
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Article398 2002-05-24 19 Susan Tsang - By\ Susan Tsang Mean Machine admits to being a remake of The Longest Yard, starring Burt Reynolds. With ex-Wimbledon footballer Vinnie Jones, and the setting moved across the Atlantic to an English prison, Mean Machine looks more like a npofffrom Greenfingers than the 1970s jailhouse398 words
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Page 19 Advertisements
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Advertisement678 2002-05-24 19 torn Anniversary promotion FREE SUCKLING PIC WORTH $12Q fcnrnaCamMorß upon spendnq at V9B end jtawr on toocf ifwns end jef rne*r> A** epptabte MMfi other promMaml often, dscoura tnd pm^egei Lmted 10 one redemption per Otte per M "*kd* 31 *4,2002 Awwv»t>on a tawnent M Chnatown Pant 133 New Bridge678 words
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Advertisement153 2002-05-24 19 JL 50% OFF ON ALL o ALA CARTE C FOOD ITEMS tffp 5 FOR WHOLE Ay MONTH OF MAY, 2 LUNCH ONLY. Reservations /I Recommended 5 For your dininc k ARRANGEMENT, A §ix PLEASE CALL: y J** I 6 337 9920 I- Official Opening Celebration 1 Chungking Chinese Private dining153 words
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EPICURE
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Article, Illustration858 2002-05-24 20 JAIME EE - Fusion dishes take centrestage at the disco-turned-restaurant Imperium but those who hanker for more traditional fare like dim sum are not left out jamb be checks out the draws JAIME EE A DIM sum trolley bearing not steaming char siew poo or siew mai but platesPHOTOS BY CHRIS LOH - 858 words
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Article, Illustration667 2002-05-24 20 Cheah Ui-Hoon - Former Hai Tien Lo chefs restaurant serves tasty fore with personal touch By Cheah Ui-Hoon TOA Payoh may be only three MRT stops away from Orchard Road but it doesn't throw up many choices when it comes to fine restaurant dining. Are times changing though?PHOTOS BY ARTHUR LEE - 667 words
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Page 20 Advertisements
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Advertisement66 2002-05-24 20 CARAN d ACHE OF SWITZERLAND ECRIDOR COLLECTION MAKE YOUR MARK Sole Distributor: SILVAROYAl PR I VAT f LIMITED 27 Loy.m?,Wi y Sinj>.iporc S***** C.iMt. H A; he: r, .iv.iii.ihlc t TAK ASHIMAYA tl v. 1 f 1 f- \f vVM.INK < I. r A:-; T I (D« [-urn. Tt ir66 words
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PERSPECTIVE/COVER STORY
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698 2002-05-24 21 jaime ee - OFFH.TTTTT^ If celebrities would stop killing themselves trying to be skinny, people could be their normal weighty selves jaime ee IF you've ever been sick at home and doomed to watch incredibly bad daytime TV, you may have found yourself bidding on American698 words
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Article, Illustration856 2002-05-24 21 Parvathi Nayar - COVER STORY The Esplanade's Grand Opening Festival promisesa wide-ranging programme from traditional favourites to v<m L By] Parvathi Nayar 'SOMETHING for everyone' could well be the tagline or programming brief of The Esplanade's Grand Opening Festival. The programme line-up the result of $12.9 million well spent hasARTHUR LEE - 856 words
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Article562 2002-05-24 21 Cheah Ui-Hoon - Besides performing areas, eateries and shops within The Make a pleasant day out for arts lovers By Cheah Ui-Hoon ENOUGH hard knocks on the spiky H adding of the Esplanade building—what's of key interest now is how the space within is configured to seamlessly integrate arts into one's562 words
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Page 21 Advertisements
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Advertisement54 2002-05-24 21 1 1 %Bj§4JEM I I I «lMiiidß Bio Anti-FR I DAMAGES HEALTH. (The A.C.E. A ZINC Formula) I F#r more call customer sarvice at 6333 9567 PROTECTS FROM 11 ./V>Vi BiO-LiFE Pte Ltd M °¥l"' 1} 6 Middle Road, *05-01 ICB Enterprise House FREE RADICAL DAMAGE x I A Singapore54 words
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EXECUTIVE Lifestyle
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Article, Illustration596 2002-05-24 22 PARVATHI NAYAR - October marks the grand opening of The Esplanade Theatres on the Bay which heralds exciting happenings for artists r and audiences alike. > PARVATHINAYAR looks at whafs in store PARVATHI NAYAR COME Oct 12, the $600 million building that's claimed a decidedly unique space onFTLE PHOTO - 596 words
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Page 22 Advertisements
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Advertisement177 2002-05-24 22 More etoriee on Pg21 1 1 U v i 1 7 X^lMttl -I, w 1'- mmmmmmmmm> i. <r n. I' M 11 I^^^lWßMfcfcfc.^^^^BBH i >,i jm mfl m|| *V EV Travel in relaxed sophistication in the award-winning Rover 75 and experience European luxury motoring at its finest Its distinctively classic177 words
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SHIPPING TIMES
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Article275 2002-05-24 23 Reuters THE Baltic Dry Index (BDI) was unchanged at 1,031, the Baltic Panamax Index (BPI) lost three points to 1,079, the Baltic Handymax Index (BHD firmed eight points to 7,799 and the Baltic Capesize Index (BCD was unchanged at 1,144. TIME-CHARTER: World Nord (built 1995) 150,903 dwt 14Reuters - 275 words
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Article250 2002-05-24 23 hi tyo a HI CWT Distribution—0.79 -OAS 1 Chum hup 0.44 0.01 1000 Cosco Invastmant ..0.23 -0.01 347 fr*taM Links 0.06 0.01 234 G8 Moidtngi 031 unch 10 Jaya Holdings 0.24 -0.01 552 Kappal Corp 4.28 unch 683 Kappal Marina 0.19 unch 158 Kappal Tata 0.98 unch 26250 words
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Article, Illustration659 2002-05-24 23 Rates are low, tanker nnit profits being squeezed: analysts [SINGAPORE] The Neptune Orient Lines (NOL) group is likely to post worse results for fiscal 2002 than its US$57 million loss in 2001 as rates remain low and tanker division profitsFILE PHOTO - 659 words
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Article, Illustration606 2002-05-24 23 P T Bangsberg - Bnt over-tonnage, box imbalance worries remain By P T Bangsberg ORIENT Overseas Container Lines (OOCL), the dominant global carrier in Hong Kong, says things are looking better, though it is concerned about over-tonnage and box imbalances. Shipments between China and Europe are as much606 words
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386 2002-05-24 23 Beth Jinks - Ships that fail to meet ISM code may be detained or denied entry on next call By Beth Jinks [SINGAPORE] The Maritime and Port Authority of Singapore has warned all vessels that a concentrated inspection campaign will be undertaken in Singapore between July386 words
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204 2002-05-24 23 Superstar Gemini arrives in South Korea next week [SINGAPORE] Malaysian cruise operator Star Cruises marked a significant step in its venture into the Chinese market with the deployment of its Superstar Gemini to begin its Yellow Sea cruises between north-east China and204 words
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Article109 2002-05-24 23 AFP [SEOUL] Daewoo Shipbuilding Marine Engineering Co, the world's second largest shipbuilder, said yesterday it has won a US$426 million order for an oil and gas rig in Angola. The South Korean firm said it would build the rig in the west African state for USAFP - 109 words
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827 2002-05-24 24 Selva Kumar - ADMIRALTY CASEBOOK -By Selva Kumar A A HONG KONG-based company that provided financial help to the buyer of a shipment of gas oil has won an action in the Singapore High Court against a vessel for delivering the827 words
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Article, Illustration63 2002-05-24 24 Reuters [PIRAEUS, Greece] The organising committee of Athens2oo4 Olympic Games is about to launch an international tender, in order to ensure a minimum of eight cruise ships to accommodate participants of the Olympics, families and visitors. The ships that will be docked atReuters - 63 words
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Article195 2002-05-24 24 PACE GUnk to A v<nt 10 CtoryNav to rungltas S Hangli 4 KA 6 Hwtorv-Sud 5 BSC 10 Hoegh 9 BTl K) Heung-A 3 CMACGM 3 HubUw 10 COSCO 3 HUM. n Central Li 4 Hyundai 4 Chahaya 10 UCont 4 China Shpg 5 Mm 9 Confer195 words
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Article15686 2002-05-24 28 thebusinesstimes THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN f**"'* N4 Number Number SIN Destn Name Name Number Number To ANTWERPEN (ANR) 2019 Betgluni To ABIDJAN (ABJ) 2003 Cot# D'lvoire 31/05 22/0* CMA com rotteroam bridge otw 4M*****00 31/05 26/06 MOL15,686 words
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SHIPS IN PORT
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Article520 2002-05-24 33 M5 "®tBerth Arrival Departure MAMWMPCAM A, J01 23/05/800 23/05/1700 2T, 305 Jn 23/05/800 23/05/2000 23/05/7:40 23/05/2000 TCJIHOt J03 2V05/7:6 23/05/22:00 £,f**" S" m 23/05/815 24/05/6:30 JJTL.rr.™ 0Mf JM 23/BVWO 24/05/5.15 ITmiu IS? J03 23/05/7 «5 23/05/UOO fif?? I® 02 23/0VW5 2V05/nOO 2L» J0s 23/DVtJ5 23/05/17JO 23/05/*fc25 23/05/2300 23/OVttOO520 words
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Article1751 2002-05-24 33 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO o BooUrq/Mmc* tstli 0 *®V Etb/Btr Nrtod Frwn To Fran DM ouc nntx u 21/000 21/1494 2 vooo ZVHOO 21/1491 21/000 M 23/1700 24/0*91 2V0W0 WW 24*i9* 24/0*00 24/0700 24*91 24/MOO M/UH 2VMM 24/1700 AOIWOUT 043S 24/030 M *****0 23/1*541,751 words
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Article171 2002-05-24 33 May 25 Brunei: Prop Muhammad's Birth day Indonesia: Prop Muhammad'! Birthday Malaysia: Prop Muhammad's Birthday HayM Indonesia: Waisak Day Malaysia: Wesak Day Singapore: Vesak Day Thailand: V isakha Bucha Day May 27 UK: Spring Bank Holiday United States: Memorial Day May 31 Brunei: Anniver of Royal Brunei Jul171 words
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Article800 2002-05-24 33 THIS report compiled by Cockett Ma rine Oil Lid, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market Prices shown are based on averagesued stem. Market movements are indicated The Cockett Bunker Price Index change and the800 words
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Article363 2002-05-24 33 Man* *0 Mu 990.9 0.4 IT J 0.06 52 004 =LL Qnntr Ml* IWMW A I SeJhwrt No *o« E25 0 0 4 0 0 0 %WM MO A* 987.4 0.2 14.8 0.05 26 0.02 tt/Wl %mm mm 3,0 WL3 0.6 T9.0 0.09 S3 0J4 =22363 words
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AIR & LAND transport
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Article, Illustration484 2002-05-24 34 Condit is confident of recovery; firm expects production to bottom in 2003 Bloomberg Reuters [ST LOUIS] Boeing chief executive Phil Condit said it will take "a while" for commercial air traffic to return to the levels seen before the USBloomberg; Reuters; FILE PHOTO - 484 words
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Article, Illustration257 2002-05-24 34 Bloomberg [BEIJING] Yang Yuanyuan, a former China Southern Airlines Co pilot, has been promoted to head the country's civil aviation authority, taking the lead to improve safety and helm a re-organisation of the industry. Mr Yang replaces Liu Jianfeng as director ofBloomberg - 257 words
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268 2002-05-24 34 Aircraft heights, destinations misread: report AP [LONDON] Controllers at a new air traffic centre in southern England have misread aircraft altitudes and destinations because of hard-to-decipher computer screens, a magazine reported yesterday. Controllers at the National Air Traffic Services baseAP - 268 words
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228 2002-05-24 34 Bloomberg [WASHINGTON] AMR Corp's American Airlines, UAL Corp's United Airlines and other US carriers propose creating a company to provide terrorism insurance at half the cost of current coverage. Marsh Inc, the insurance brokerage unit of Marsh McLennan Cos, applied for aBloomberg - 228 words
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140 2002-05-24 34 Xinhua [NEW DELHI] After a gap of three years, the first flight from Kabul to Amritsar landed at the Rajasansi International Airport in the north India town on Monday, raising hopes of resumption of flourishing trade between India and Afghanistan. R M Alami, TechnicalXinhua - 140 words
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Article, Illustration339 2002-05-24 34 Bloomberg [TOKYO] Japan Air System (JAS), the country's third biggest airline, said fullyear profit feU 58 per cent because the country's recession and lingering safety worries following the Sept 11 attacks hurt demand. Group net income fell to 927 million yen (5513.2 million), or 42.4Bloomberg - 339 words
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292 2002-05-24 34 Big jump doe to flights added by discount carrier Go Bloomberg [SYDNEY! Macquarie Airports, a fund that invests in airports, said Bristol International Airport in the UK handled 66 per cent more passengers in April than in the year-ago month, as aBloomberg - 292 words
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Article1719 2002-05-24 34 <5* FUBfl IW RJBIT n» EK344 *50 0405 0210 Minin umro 223o naw som mo WW a» Mm S0405 MB SOU 0605 ILIM 2225 MM 1*9762 0635 IMW 1230 6*975 1025 $0)6 2345 IM9T67 0635 S0326 1230 S025 0635 1*7357 2250 I*—Kill MDOM 0645 1*9764 14451,719 words
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Page 23 Advertisements
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Advertisement29 2002-05-24 23 Air traffic revival to take EJZEE3EE2 "a while": Boeing CEO Shipper ha- to indemnify > -el Back Page cargo v. itfV'Ut JAS' full-year profit plunges 58% p iiy Bach Page29 words
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Advertisement18 2002-05-24 23 H» For more on the pick-up in air cargo, read our Air Freight supplement on May 30 i18 words
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Advertisement602 2002-05-24 24 L— toimjcahada i amour i i omen pesniumoH* i wssa Iwrl wc |r*sHtf"6K«x|p*ius|wusTai 1 —n«s |omoo |«wtom 11 jl TITfIIfTHfIUA.PWtTTVM-t'N BfPWMM I 00QWWUWS 37Q1 21/051 22/05 I 07/0* 11/ M 12/0* 12/ M 12/ M 15/ M |-J ifrT7t7aTt~Sl fOT> ooama sim aw Ihm I ivm ivm ivm ivm ivm602 words
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Advertisement80 2002-05-24 24 WORLDGATE EXPRESS LINES PTE LTD 18 C w Mt Bangkok Bank BuMng, Vpoaw 0101 Tel: *****911 Fax: Email: M, ilniiwl t mn wj WEBSITE: httpS/www. wortdgate.com.sg WEEKLY FCL LCL SERVICE TO FOLLOWING PORTS samwusiistk m [MtAft Ml IHWWWi M~\ POCT KELM>G/P9U)IG 31 /OS HONG KOMG/OIINA SToT" fmntan 7S^ vmmXSr uM80 words
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Advertisement530 2002-05-24 24 Unes semen represented by tSmSsk*| M»nb«rs of Registry of wEpw Acowtoed Shipping Agenh, Singapore Sliipping Association awmats/ COHVBniOIUL CARGO FO» iu*/se6«K*/jmi» iwmt VTA ETAPKL ETA SIN ETA MALE rrtM-Hj- MB ««S Mi IVW w« n*« i&w ttm UU MAKIXE SERVICES BESS to BS4 mmiMt te«M7m SCANCHAIT AGENCIES SON BHD E1530 words
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Advertisement7 2002-05-24 24 i Members of #w Singapore Logistics Association7 words
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Advertisement1069 2002-05-24 25 TO EUROPE FROM EUROPE VOT SM HI AMR MOM ORV SOII UM W RDR MR HM ORV SOU IM SI HMMIfBBAI 337W Z7/0S 14/06 14/04 10/04 11/* MOIMMMMGI 0001 W/05 09/05 11/05 12/05 a/05 Aft MS 107W 30/05 22/0419/04 20/0* 17/0* Mm 1071 12/05«/B5 10/X3S 07/05 30/05 ■asoumoN ooow 31/1,069 words
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Advertisement1429 2002-05-24 25 NEW DIRECT CALL TO/FROM costaFshipping m ltd gSKKJ£~ 081. -lir »SBSSS I asr ssss :gs»: I W.E.F. 17TH JUNE 2002 SSZS&mmm "»»»>" I 2£S«s/» Sk <■ ii/K «O*M/WW Hts ats I 7VK J* J >ttAj*MAAoaftv/ooif ?s/05 07/ M anessuDiK* IMS ?v*s wis I COStO SW6ATOB /003E 74/05 MS M/M OVM1,429 words
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Advertisement488 2002-05-24 25 !SL_3P_!!ELJ*L.SMTHK t SMIHKG EB US* i* MTCUISM 207 M H/5 38/5 Z/4 V* 7/4 11/4 KXSKUtA 003H 25/5 if/5 31/5 mrc wmoMG wn» 4/4 7/4 ig/t iyt iyt n/t tmiiouyuavosrot nos 27/5 s/4 yt 15/4 MffC tffl-UWG TOO 1 12/4 13/4 )j/j 21/4 H/ t CMTCJAJUtfU 207S 31/5 7/4 f/4488 words
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Advertisement1199 2002-05-24 26 HMN& HYUNDAI MERCHANT MARINE CO., LTD. HiMimi: www h—7lx— q MO. 12Q67H0000H iwaa wt sni ta m rasa ~W "sou" IbT TnT ~mT "ijjuT ~7n~ "BT HTHWIUM 3MW 13/ M 94/0* 19/05 30/05 01/06 MX SOLUTION 9951 16/94 17/94 11/94 13/94 U/9S U/« 01/0* 07/0* 04/00 05/0* ARMS 10*1 11/041,199 words
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Advertisement75 2002-05-24 31 y RIPHWSAHAANPa«MMN KALIMANTAN 1 DIRECT WEEKLY SERVICE TO 1 JAKARTA /PAIiIMAMG /MJMAJ I I *i I m \rum EmuT lIIMMMUI ti/ti N/15 U/M M/u I TT7W H7W B7W SUI At AYA/PAMJ AN6 *ww< i i Mi ns rsa OWA6A M/W Sl/«5 H7H Igg I I rt«AWAH€/PtKAH MM 51 KR/ttMIK rnMMN75 words
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Advertisement59 2002-05-24 31 SIN PASIR OUDANG SIN DAILY SAILINGS I I VESSEL IVQY I ETA PG I DAY I VOY I ETA SMI CWyjl now 27/PMB MOM |Gouaw««w| taoa mow |iS5< |nt Accepting UC cargo ft Rm*m-Contakwr (SOQ (COC) AGENTS: ra lto C/R NO **********0-W RAMI QWVMtQ COMPASS SHIPPING AGENCIES SDN BHD TEL:59 words
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Advertisement68 2002-05-24 31 iTAsnu immm 30MAY COLOMBO, MUMBAIIANDU nUt OfMNAI MOUDA, CALCUTTA 31 MAT DUAL iMMMj AM BNABI 30HAY KI TO COLOMBO, COOW PHOENIX SHIPPING rmim MONTHLY BREAKBULK SERVICE TO SOUTHERN AFRttA AND MDMN OCEAN tSLANOS VESSEL NAME VOY SPORE PI—WW PHOENXI I 06WB 20/6 01/07 ff o <*mo MitogMCf. Rwrton. S«ych- M68 words
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Advertisement53 2002-05-24 31 ETA ETD UMOMQPOR TROPICAL ROSE 1IW»B MUOB RWOM rBW JUN3 IMMQMiaWMt HWOMWW JUN3 OMB/VOB OMS/30QS PMNOM PBW 4 VUNQTAU P0 TON DERRICK AVAAABLE) THE NEW STRAITS SHIPPING CO. (PTE) LTD SI AMON ROAD «»-S3AN9ON CENTRE SMQAFORE 0207 OaOHWXMOOOM HJ ROUP FAI BWB» CR MO: IMF" Read Reviews of LINERSCENE Every53 words
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Advertisement655 2002-05-24 32 TMPOT «BM rwaHUM NOD 2124/05 04-ok/M II 12/04 I ncapuu Nm 31-01/0* o/wot 14-1 vm I neaißoet n» 0445/04 1113/04 1114/04 I ma stun wa 07«/04 14-14/0* 71 73/04 I iiea^AJi^^fWjiiinvi^^i^otTsvoil vot sw •AiaJWI 444 A WWV *****04 1417/04 I AOIHB 334 30-30/05 07 04/04 1711/04 I o*u« 405 *****/04655 words
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Advertisement695 2002-05-24 32 VBSH NAME VOT SMGAPOH POtT HUNG OffTUGOMG nA ire eta no m ire WM7 SAI 2S/0S 26/05 27/05 30/05 03/06 OC""W 07N040 IM M/OS 29/05 30/05 «OW"T 06N043 SAJ 01/06 02/06 >2/06 uM 10/06 <XttM OINI2I WON 03/06 04/06 44/06 Mm uTS |hIQ HSMIG 00N033 IWB 45/04 46/06 06/06 Qf/06695 words
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Advertisement64 2002-05-24 32 CONFER (S.E.A.) ZgJ SHIPPING PTE LTD TEL: *****868 FAX: *****245 DIRECT CONVENTIONAL SERVICE TO CHITTAGONQ VESSEL SIN CTG EMERALD 1-3RO JUNE 5-10 JUNE DMSCT FCULCUCOMVEMTKMUU. SCRVICSS TO>Indan Skt>Carm*rt Miln Cacub Bartm/ Kaadt Oatanto Qteang Tuioam Catrr ParEaß HdO» IWi l Hungary Mwia Btr&ck r>—i FCL/LCL Wvic*. Toe Syrtwy Mstnune Europe64 words
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Advertisement843 2002-05-24 32 \/dz |PDZ LINES swMwtfcTowcjooswrmcnun) I CWBI6 2225 24/05 GUOO 2192 25/95 «U4M 2235 WW GUAM 2135 24/05 nm gkwb 2244 20/05 Gwa woo w/os am ?i« n/»s ?1« 20/45 inm —iT^e «HOCK 2237 11/05 GUOO 2193 01/04 GUM 221* 07/ M GUAM 2234 07/04 TOI7 I«swg »y Q3/o>|cio 2201 04/04843 words
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Advertisement157 2002-05-24 32 [mWSBSSM MEAKBUIK A CONVENTIONAL SERVICE DWCCT SERVICE FROM SYOK TO KARACHI ivgsa wrm mmunm nmuoi 1 |mm«p I \im IS/imb VME SEA-PAC MANAGEMENT PTE. LTD. 70 tan Road #17-07/06 Sngnp<»» *****5 T«l«phoiw: 6270 0977 FocsimA*: 6275 2309 T«lwc RS ***** SCAT AC prmct aw nampo, korea I mw I vona157 words
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Page 33 Miscellaneous
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Miscellaneous126 2002-05-24 33 Issued by Mcteorologica/service^^lrore K Thunderstorm A Showers Ra,n T Weathp'r Ure C (j Wind direction and speed in knots Cloudy Day weather t> H3zy Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds j j Sl '9 ht < 1 2m J126 words
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