The Business Times, 9 July 2002

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Total Pages: 28
1 28 The Business Times
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  • Title Section
    Lock icon Masthead
    17 1 THE BUSINESS TIMES MITA (P) 010/03/2002 85* SINGAPORF I I ni-net: f".t[p://business-times.asial .com.sg TUESDAY, JULY 9, 2002
    17 words
  • Article
    Lock icon MARKET SUMMARY
    74 1 n m U U2L2B (-20.25) nsrnoßKrunißß mm umjo (-23.00) nsascimußEs mm nut (-2.60) STOCK MAMET INDICES Monday Change KLSEOOMP 736.78 SM NIKKEI 226 _10,7«M MJS» HANG SENG _1W»« -171 SET INDEX 308.71 -1* JAKARTA COUP _484JJ -8.17 MANILA OOMP ajllja *1*1 TAIPEI WPI M77£f +122.63 SEOUL COMP 783J6
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  • Article
    Lock icon FINANCE
    61 1 FOBEX BATES USS St US$(S$pwUSS) 1.764 £(l'S$/S$ per 1.632 1702 EUR0(13SS/SS/E). 0.986 1.738 DM 1216 1266 YEN 118J 67.46 RM im 1164 HKS 7J09 4.421 BAHT 41.46 2149 RUP1AH 8389 6,098 FUME BITES SINGAPORE* U6 KUALA LUMPUR 6.40 HONG KONG 1126 JAKARTA 38.00 TAIPEI M26 TOKYO 1176 SEOUL )Ji
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  • Article
    Lock icon Merck scandal dashes hopes for Asian stock rally
    780 1  -  News that it inflated revenues by USsl4b sends markets tumbling By 1 Ven Sreenivasan [SINGAPORE] Hopes of a good week for Asian markets vanished fast yesterday when another major US accounting disclosure knocked the wind out of them. In an announcement to
    780 words
  • Article, Illustration
    Lock icon Global private wealth takes US$2.6t hit
    869 1  -  Japanese alone lost USs2t in 2001, rest of Asia holds steady By Genevieve Cua [SINGAPORE] Rough investment waters in 2001 wiped ofT US$2.6 trillion (554.6 trillion) of global private wealth, with Japanese investors alone accounting for US$2 trillion of the losses, says the Boston
    Source: Thomson Financial  -  869 words
  • Article
    Lock icon CityDev's $500m project draws buyer interest
    680 1  -  BT exclusive Bnt New Downtown project blunts competitive edge of No 1 Shenton Way redevelopment By Kalpana Rashiwala [SINGAPORE] City Developments which is planning a huge project on its recently won New Downtown site has been approached by potential buyers keen on offices, service
    680 words
  • Article
    Lock icon Home loan war hots up as OCBC slashes rates
    790 1  -  Continued cots raise concerns over impact on banks' profitability By i Quak Hiang Whai [SINGAPORE] The home loan price war continues unabated OCBC Bank is slashing its rates across the board, making it the first bank to offer rates of less
    790 words
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      Lock icon Page 1 Advertisements Column 1
      75 1 IMttlDE BT Comment Lee Han Sfcih: JTC should go easy on building programme. Pg 6 Top Stories M'sia to 'rework 1 water price hike: Syed Hamid. Mmxt Pag* Virgin Mobile to oease Singapore ops. Next Pmg• Questions over FCC, Guoco swap. *99 Newpine launches new share offer. Pg* Singapore listing
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      17 1 MAC to roll out fresh hotel concepts, Pg 3 HL project at Tomlinson set to take off,
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      85 1 m P WorldCom's ex-CEO tried to halve internal audit budget, Pg 16 I '|k ill I *> A uHB i\ SBm|a, if I Braguet. La passion lalaaa daa traeaa. Type XX Tranaatlantique chronograph in steel with "fty-back" function Self-winding movement with data and aubdial tor tha seconds 30-mloute and 12-hour
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  • NEXT page
    • Article
      Lock icon M'sia to 'rework' water price hike: Syed Hamid
      392 2  -  Analysts expect price to be much high or than Singapore's offer Fron Eddie Toh m Kuala Lumpur MALAYSIA is to "rework" its earlier proposal to jack up by 100 times the price of raw water it supplies to Singapore because the Republic
      392 words
    • Article
      Lock icon Virgin Mobile pulls out of S'pore
      338 2  -  Partners cite saturation of local market Byy Vince Chong [SINGAPORE] Virgin Mobile, a tie-up between Singapore Telecom and the Virgin group, is bowing out of the Singapore mobile phone market, barely a year after it made its debut. Yesterday, the partners said the Singapore
      338 words
    • Article
      Lock icon Judge surprised so many joined RTC
      570 2  -  Court yet to decide on whether suit should proceed By Serena Ng [SINGAPORE! The High Court has yet to make a ruling on whether the Raffles Town Club class action suit should be dismissed on the basis of two preliminary issues but the judge
      570 words
    • ON THE grapevine
      • Article
        Lock icon Sparky keeps ringing
        288 2 THE saga of Sparky, the mutt who swallowed a mobile phone and whose tale we recounted in last Friday's Grapevine column, continues. We just got this letter from him: "Many dogs may ***** about their dog's life, but to me, it's all in a day's work especially
        288 words
      • Article
        Lock icon Merrill Lynch's new debt director
        98 2 INVESTMENT bank Merrill Lynch has appointed Laura Koh as director erf its debt team, based in Singapore, for the issuer client group. The group handles debt origination as well as liability management and Ms Koh will be responsible for issuer client business in South-east Asia.
        98 words
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  • SINGAPORE companies
    • Article
      Lock icon M&C to roll out fresh hotel concepts
      628 3  -  Chain also aiming to enter Italy, Spain, Switzerland and Amsterdam Reports by Kalpana Rashiwala MILLENNIUM Copthorne Hotels (M&C), the London-listed hotel subsidiary of City Developments, is developing more hotel concepts to be introduced to some of its 91 hotels worldwide following the success
      628 words
    • Article
      Lock icon Questions over FCC, Guoco swap
      722 3  -  HOCK quak hiang whai QUEK Leng Chan of late has been busy reshuffling his regional portfolios. Last week, shares in his Camerlin Group Bhd rose to their highest level in nine months after the diversified but unprofitable Malaysian group received an offer for its 22
      722 words
    • Article
      Lock icon HL project at Tomlinson set to take off
      212 3 THE Hong Leong and Mitsui groups' long-awaited development in Tomlinson Road finally looks set to begin. A tunnel diversion on the 180,000 sq ft freehold site is nearing completion. The next stage is to call for the main contract, said Kwek Leng
      212 words
    • Article
      Lock icon Newpine launches new share offer
      342 3  -  By Serena Ng NEWPINE Ltd, a recently formed company that intends to make a bid for the Pinetree Town Country Club on behalf of a group of the club's members, has launched an offer of 7,998 new shares to raise up to $96 million in
      342 words
    • Article, Illustration
      Lock icon Osim plans secondary listing in HK
      351 5  -  It aims for a wider shareholder haw* among its markets By Eugene Low HEALTHCARE products maker Osim International is proposing to list on the mainboard of the Hong Kong Stock Exchange. The company also announced yesterday that it has appointed ICEA Capital as financial
      351 words
    • Article
      Lock icon Futuristic Image offers 18m IPO shares at 21 cents each
      297 5  -  By Andrea Tan INTERIOR architecture firm Futuristic Image Builder is offering 18 million new shares at 21 cents each in the latest of a slew of initial public offerings. The Sesdaq IPO aims to raise net proceeds of $2.8 million
      297 words
    • Article
      Lock icon Singapore listing not worth the hassle, says KFC boss
      402 5  -  M'sian George Ting set to expand restaorant chains, including Pizza Hot By Conrad Raj MANY businessmen believe the benefits of a Singapore listing today are not worth the hassle. Malaysian businessman George Ting is one of them. "I'd rather avoid the
      402 words
    • COMPANY Briefs
      • Article
        Lock icon Flextronics bags 98% of NBL
        66 5 Bloomberg FLEXTRONICS International said 96 pa* cent of Nat Steel Broadway Ltd's shareholders agreed to sell their shares. Flextronics, the No 2 maker of electronics for brand-name companies, made a $653 million offer for NBL in May. It said it will now "exercise the right
        Bloomberg  -  66 words
      • Article
        Lock icon KLW gets tenant
        43 5 KLW Holdings has found logistics provider BAX Global as a tenant for the excess space at its HQ building in Senoko following the relocation of its manufacturing operations. It expects about $1.3 million rental revenue a year from the lease.
        43 words
      • Article
        Lock icon Serial in HK joint venture
        50 5 SERIAL System's subsidiary, Serial Investment Pte Ltd, has entered into a joint venture with three parties for the trading of electronics and electrical components in Hong Kong and China. The proposed paid-up capital will be HK$2O million (594.5 million). Serial's stake is 65 per cent
        50 words
      • Article
        Lock icon SM Summit in Fairprice Int'l deal
        60 5 SM Summit Holdings Ltd's wholly-owned subsidiary, Wow Vision Pte Ltd, has entered into a Joint venture with Fairprice International Pte Ltd to install a wireless, real-time point of purchase media platform developed and owned by Wow for retail advertising at supermarkets in Singapore. FairViskm
        60 words
      • Article
        Lock icon Dragon embarks on Wuxi project
        50 5 DRAGON Land has signed an agreement with a local partner on July 5 to develop s residential project and a golf course in Wuxi, China. The project, tentatively named Dragon Yangtze Garden, occupies a land area of eight hectares. The estimated investment is US$l5 million.
        50 words
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      128 3 When we talk, the world listens. Why did the institutional readership at INSTITUTIONAL INVESTOR vote ÜBS Warburg the current leading provider of European and Global research? For the same reason they ranked us number one in Asian research in 2002. Because when it comes to providing insightful research, our comprehensive
      128 words
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Untitled
      275 4 OTHER SINGAPORE INDICES aSI WWW 383.00 -80.00 ITCMI -*****.00 -124.00 -*****.00 +38.00 *WMIw 435.69 -4.50 WitdhlHwl 140.33 -1.62 WpBwHi 1427.44 -6.72 427.69 -9.49 ■«*»!>! M 202,63 -2.43 1far»tom 203.10 -2.60 BL M US20c 37,229,000 Ro* IntUSlOc 14.947,000 OaUcufl 10c 14.237,000 totamedfcSc 13,033.000 QianMulOo 12.739.000 Auban *****,000 Europtran 10c 11.657.000 SMT«ll5c
      275 words
    • Article, Illustration
      Lock icon Analysts upbeat on ECS' China, Thai stake moves
      264 4  -  HOT STOCK/ WARRANT By Ven Sreenivasan SINGAPORE-listed information technology provider and Solectron associate ECS Holdings last week announced that it was taking full control of its China and Thailand-based subsidiaries through a cash-curn-shares issue. ECS is buying the remaining 49 per cent
      264 words
    • Article, Illustration
      Lock icon Fears over Merck weigh down market
      694 4  -  BT STOCKS ven sreenivasan MARKET players who had expected local stocks to spike yesterday following the Friday surge on Wall Street were disappointed as the Singapore bourse stumbled in the wake of what appeared to be another US accounting scandal. Trading started cautiously amid
      694 words
    • Article, Illustration
      Lock icon US$ dives on Shiokawa's comments
      596 4  -  mtwo*, ■•'V.' 1 N 4.' -< Currencies greenback; Wall Street's big Friday rally ignored larry wee THE US dollar's modest recovery late last week was scuttled with a vengeance yesterday, sending it more than one per cent lower against a host of major currencies after
      Source: Reuters  -  596 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    2175 4 UNIT TRUSTS FUNDS 1 14 l i I Li iMBHB Com Global mtateclndBiFdl** .uw Com Global Ener»mde»Fd 0.9421 j. Com Globe! TrMf Index Fd 0.7* AM Amn tat Mft (5'pesaf Com S"pote8ond Fund/* 10*7/ gssssr ——s Star Europe Bal 0*76/ indocam A«ia\Asiort** 0-*****7 Star Aden TigvEqt* 0l7S» Star Aria Bund
    2,175 words
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      434 5 I ROYAL I orchid I -aw Upgrade Your Travel II f I U7/// I m Exceptional Suvin^yK r 1| I n-Yfl -.1 I ft i 41 i I i,-* a »*> SW y mmr Jr I I A very special privilege for THAI Royal Orchid Plus members from now till
      434 words
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  • FOCUS property
    • Article, Illustration
      Lock icon JTC should go easy on building programme
      531 6  -  811J.1..1..1J.H PROPERTY There Is no reason to have more Industrial parks lee han shih A predilection for grand projects appears to be afflicting some Singapore government bodies, and JTC Corp could well be the latest victim. Symptoms of the malaise had been well
      531 words
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      309 6 iday HBBMHl^H^mß^^Bl^HPffmtf v HI 3R v ,"lMfl iftitA H £7HA HJ> a KgiP' |/w*\/ f-:*;*.* "*< fl^^Hln^' ill *4 lAfe-v '-V^kSjQF|^^¥^H' 1 EPlHfifll MDUSTRIAI HBfPHH PURPOSE-BUILT WAREHOUSE AT LOYANG Description A single-storey warehouse Land Apprax 45,000 sq ft Built-in Area Apprax 24,500 sq ft Tenure JTC 30 years wef 16/11/1978
      309 words
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      62 6 jfl&SSßnj |^yy. v Iwwtestohalr salons. And them all In HwStraKs Times ~t Classified. CM.?. Buy It S«ft It find ft !fc P-V i £I; r jjp n "Fantastic value! Icon enjoy salads, ice cream, local desserts ice kacan^Ld tau suon <*« fresh fruit for on^ *SSaSBSISSj.. SS! AMprtc**"' V9WT T»t
      62 words
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      128 6 FOR SALE HOLIDAY INN RESORT TUMON BAY, GUAM Excellent central bay location Beach ihigh rise Freehold Opened 1996 k excellent condition outlets 950 space -Outdoor fiM a spa Owner wfl sell at fair market value Subject to ffianagement contractor vacant possession at buyer's option -IJ.J jjj J LJ SonrW*#^QokjmanCompany INTERNATIONAL
      128 words
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      114 6 FOR SALE PRIME BEACH DEVELOPMENT SITE TUMON BAY, GUAM Lot *****-R3, Lot *****-1 -18 hectares of freehold property 250 m of pristine beach frontage Zoned for hotel and resort related Ikm. from Guam's tourist center Site offers exclusivity and privacy Nestled below a lush cliff line and facing west across
      114 words
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  • SINGAPORE news
    • Article
      Lock icon Quarterly reporting to start from next year
      391 7  -  IiyWHUMT Wf PiBHIMBIHi Bill passed yesterday makes it a legal requirement for all listed firms Reports by Chuang Peck Ming THE requirement for businesses listed on the Singapore Exchange to report earnings quarterly rather than half-yearly as it is now will be effected
      391 words
    • Article
      Lock icon Tighter controls on broadcast firm key appointments
      314 7 THE chairman and board of directors as well as the chief executive officer of a broadcasting company will have to be approved by the Singapore Broadcasting Authority under an amended bill Parliament passed yesterday. The requirement is part of a move to fine-tune
      314 words
    • PARLIAMENT Briefs
      • Article
        Lock icon Bill on terrorist funds passed
        153 7 PARLIAMENT passed a bill yesterday to block access to funds by suspected terrorists and which will also require Singaporeans to reveal all suspicious activities or face a 150,000 fine or a jail term. Under the new law, any person who is aware of, or in
        153 words
      • Article
        Lock icon SBF membership not compulsory
        89 7 COMPULSORY membership in the Singapore Business Federation is by no means non-negotiable. The law that dictates businesses with a paid-up capital of $500,000 or more—and In the case of foreign firms with operations here, an authorised capital of $600,000 or more—must join the newly formed business
        89 words
      • Article
        Lock icon DPM's assurance on credit bureau
        105 7 THE Monetary Authority of Singapore would not hesitate to cancel its recognition of a credit bureau if it foils to maintain the high standards expected of it Deputy Prime Minister SeHsten Loong. "MAS win only recognise and gazette the credit bureau when the concerns are
        105 words
    • Article
      Lock icon S'pore slides in cost of living rankings
      385 7  -  EYE By Anna Teo LIVING costs in Singapore have apparently fallen in the past year, according to another global cost-of-living study. Singapore is -now the world's 24th most expensive city, down eight places, by the rankings of Mercer Human Resource Consulting. The Economist
      385 words
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      355 7 100 YEARS IN SINGAPORE Just pick up the phone and call 6333-9000. Give Citibank a call to learn about the latest linked deposit that could earn you higher returns than your regular fixed deposit. So call 6333-9000 today, because this linked deposit is only available for a limited time. I
      355 words
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Talking the market up— and down
      741 8  - Talking the market up and down THE OPINION robert samuelson The Washington Post Writers Group IN HIS classic book, Manias, Panics, and Crashes, economic historian Charles P Kindleberger divides all financial manias into three rough phases. In the first, people discover the world has improved in some unanticipated way. The
      The Washington Post Writers Group  -  741 words
    • Article
      Lock icon IN OTHER WORDS
      72 8 'If we knew that this was all over, and that there weren't any more Enrons or WorldComB out there, I wouldn't be worried. The worry is that these problems deepen and last a very long time, and that really does wear away at consumer confidence, and business
      72 words
    • Article
      Lock icon The IMF's strange outburst
      630 8 EDITORIAL WHAT is going on in the International Monetaiy Fund that two of its officials should launch an attack on Joseph Stiglitz, the former World Bank chief economist? Ostensibly, the two officials chief economist Kenneth Rogoff and spokesman Thomas Dawson were engaged in a rebuttal of
      630 words
    • Article, Illustration
      Lock icon Growing Asian antipathy for the global policeman
      1093 8  -  Sentiment is rising in this part of the werld for America to fight its battles on its own turf and to respect the national priorities of other countries By Thang Nguyen The writer is regional manager far Asia at the World Economic Forum.
      REUTERS  -  1,093 words
    • Article
      Lock icon COMMENTARIES
      544 8 Forth* patter pod LIKE any citizens of this pluralistic society, civil servants have the right to take to the streets to air their grievances. But the thousands who took part in yesterday's rally in Hong Kong against a pay cut have failed to endear themselves to most members of
      544 words
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      113 8 A Special Promotion Deal better than ever before with lacuna PHUKET ril I 15 I S I tt> r I ES S l| 11 fI I i T •111 I M i 1 F" I T a 1 J# J and more y Free dinner for 2 at host hotel
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  • MAIL bag
    • Article
      Lock icon Chemical Industries clarifies provisions of $14m
      308 9  -  Eric Lim Yew Tou Director, Chemical Industries (Far East) Ltd I REFER to the letter "Chemical Industries should give more details" by Goh Teng Kiat (Mailbag, July 1). The associated company engaged in the synthetic diamond business was of the view that it could
      308 words
    • Article
      Lock icon Why can't small companies opt out of SBF?
      268 9  -  Leong MK Singapore MANY companies, big or small, should have received a letter and, subsequently, an invoice from the Singapore Business Federation notifying them of membership in the SBF. According to the letter, companies with paid-up capital or authorised share capital of
      268 words
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      13 9 [S^il Lianhe Zaobao I I assure themselves of I I |PR protection I
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      32 words
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      Lock icon Page 9 Advertisements Column 3
      65 9 fSfllßl 'NDUSTP.M PARICt^Jlx*. •f $1 Mf (km Htt-*iMMI vK Central Location Brand New Instant Move-in Parking/Loading in front of unit Sales Office: 53 Übi Avenue 1 #01-11 Tel: 6344 2002 (Office) *****121 (Stella) 9652 3681 (Vincent) Smaller units are also available (office/warehousing/distribution) Special renovation package ($50,000) for Ist 5 units
      65 words
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  • REGIONAL news
    • Article
      Lock icon Manulife court ruling gets thrown out
      565 10  -  Legal steps not followed: Indon Supreme Court From Shoeb Kagda in Jakarta INDONESIA'S Supreme Court yesterday overturned a lower court's ruling declaring the Indonesian unit of Canada-based Manulife Financial Corp bankrupt. The move partially restored investor confidence in the country's judicial system. Judge Toton
      565 words
    • Article
      Lock icon Tan Chong says group's Nissan franchise is safe
      246 10 KUALA LUMPUR Loss of Shiseido ties sparks concerns over car business Reuters AUTO distributor Tan Chong Motor Holdings Bhd, part of a Malaysian corporate dynasty dogged by a bitter family feud, said yesterday its rights to sell Nissan vehicles were safe. Tan
      Reuters  -  246 words
    • Article
      Lock icon Maxis debuts with 18% premium
      364 10  -  Proml Diana Oon Abdullah in Kuala Lumpur TELECOMMUNICATIONS group Maxis Bhd made a strong debut with a 1&2 per cent gain for retail investors yesterday, when it closed at RM5.15 79 sen higher than its offer price of RM436. Institutional investors who paid RM4.BS saw
      364 words
    • Article
      Lock icon Indon themed mutual funds best Asian performers in H1
      672 11 HONGKONG Thailand fnnds come second as all Asian funds except those investing in Taiwan make money Reuters INDONESIA themed mutual funds roared ahead of regional rivals in the first half of the year while Taiwan focused products were the only Asian
      Reuters  -  672 words
    • NOTE Book
      • Article
        Lock icon M'sia industrial output up 4% in May
        70 11 Bloomberg [KUALA LUMPUR] Malaysia's industrial production rose for a second month in May as makers of semiconductors and other electronics filled more export orders. Production at factories, mines wnd power utilities rose 4 per cent from a year earlier, the Department ofStatistics said.
        Bloomberg  -  70 words
      • Article
        Lock icon McDonald's Indon owner questioned
        53 11 AP [JAKARTA] Police yesterday grilled the owner of McDonald's Indonesia over allegations that he used an illegal multimillion dollar loan to expand the fast-food chain across the archipelago. Bambang Rachmadi, son-in-law of ex-vice-president Sudharmono, is being questioned for allegedly using 40 billion rupiah (557.9 million) in
        AP  -  53 words
      • Article
        Lock icon KLSE puts 100 on troubled firms 'list
        76 11 Dow Jones Newswires [KUALA LUMPUR] The Kuala Lumpur Stock Exchange yesterday said 100 listed companies have been classified as financially troubled as of June 30, out of a total 0f843 companies. The exchange it wants the financially troubled companies to expedite their efforts
        Dow Jones Newswires  -  76 words
      • Article
        Lock icon Anwar appeal verdict due tomorrow
        71 11 Reuters [KUALA LUMPUR] Malaysia's Federal Court it expected to deliver tomorrow its verdict on former deputy prime minister Anwar Ibrahim's appeal against a conviction for abuse of power, his lawyer said. Anwar, who was sacked and jailed after challenging Prime Minister Mahathir Mohamad in 1998,
        Reuters  -  71 words
      • Article
        Lock icon Indonesia, Japan in forex swap talks
        75 11 Reuters [JAKARTA] Indonesia said yesterday it was in with Japan over a bilateral forex swap arrangement, worth around US$3 billion, part of an Asia-wide currency safety net designed to prevent a repeat of the region's financial crisis. The swap agreement would make foreign exchange
        Reuters  -  75 words
      • Article
        Lock icon Jakarta targets stable rupiah
        54 11 Bloomberg [JAKARTA] Indonesia wants its currency to stabilise at the to 8,800 level against the US dollar and is willing to intervene in support of the rupiah to stem any extreme fluctuations, the central bank said. "We want to keep the rupiah stable," central bank governor
        Bloomberg  -  54 words
      • Article
        Lock icon Chase Perdana fails to win project
        54 11 Dow Jones Newswires [KUALA LUMPUR] Chaae Perdana Bhd, a Malaysian construction company, said its Joint bid with India's Pioneer Builders for a highway project to India, was unsuccessful. The company said in January that the project was estimated to coat about RM42S million (Ssl97
        Dow Jones Newswires  -  54 words
    • Article
      Lock icon Indonesia to build US$1.7b gas pipeline
      258 11 DENPASAR, Indonesia Bloomberg INDONESIA plans to build a US$l.7 billion natural gas pipeline from East Kalimantan province to the country's most populous island of Java to meet rising energy demand, the head of the state gas company said. The pipeline will span 1,100 kilometers
      Bloomberg  -  258 words
    • Article, Illustration
      Lock icon Parliament has better things to do than probe graft: Mega
      379 11 JAKARTA She reportedly does not want to burden it with more work AFP INDONESIAN President Megawati Sukarnoputri yesterday defended her party's decision not to seek a parliamentary inquiry into alleged graft by the Speaker, saying legislators have more important things
      AFP  -  379 words
    • Article
      Lock icon China's legal system to see radical reforms
      432 12 BEIJING Overhaul will lead to a professional judiciary and cut political strings, says top judge Reuters, AP CHINA is undertaking a "huge engineering project" to overhaul its courts to produce a more professional and independent judiciary, the country's top judge Xiao Yang was
      Reuters,; AP  -  432 words
    • Article
      Lock icon Head for Pearl River Delta, HK firms urged
      437 12  -  HK badnesses should act now: SHE Properties From Audrey Tan in Hong Kong HONG KONG'S property developers and retailers need to move into the Pearl River Delta now if they are to play a leading role in its growth, Raymond Kwok, managing
      437 words
    • Article, Illustration
      Lock icon Hong Kong May retail sales fall 5.9%, extending slide
      311 12 HONGKONG Bloomberg HONG Kong's retail sales fell more than expected in May as record-high unemployment and falling wages discouraged spending, threatening to delay an economic recovery. Sales fell 5.9 per cent from a year earlier the biggest drop since January to
      Bloomberg  -  311 words
    • ASIA Notes
      • Article
        Lock icon McDonald plans franschise in China
        84 12 XFN [BEIJING] McDonald'* in planning tn bmprft its first franchise in China early next year, in either Betying or the southern city of Guangzhou, the China Daily quoted Peter Tan, president of McDonald's China Development Corp, as saying. It quoted him as saying a franchise
        XFN  -  84 words
      • Article
        Lock icon Taiwan June exports rise 9%
        71 12 Bloomberg [TAIPEI] Taiwan's exports roee fester than expected in June as manufacturers sent more parts to their fectortes in China to meet rising world demandfor i f computer chips and mobile phonos. Exports climbed »per cent from a year earlier to USBILB hillion, matching the
        Bloomberg  -  71 words
      • Article
        Lock icon HK to out staff pay despite protest
        53 12 AFP [HONG KONG] Hong Kong's government yesterday insisted it wotfld press ahead with legislation to cut civil servants'pay despite a massive protest by the workforce. Michael Suen, acting chief secretary for administration, said it was time to move on after Sunday's demonstration by
        AFP  -  53 words
      • Article
        Lock icon Taipei rejects Beijing view on talks
        78 12 Reuters [TAIPEI] Taiwan President Chen Shul-bian said conditions should not be attached to talks with mainland China on opening direct links, casting a shadow over prospects for closer ties soon. Mr Chen, in a blunt response to comments by China's top jhdwan policymaker, rejected
        Reuters  -  78 words
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      165 10 w 4 msxsk M 1 H I i W-. -t®®® Corporate functions don't have to be stuffy. Especially when you hold yours with Star Cruises. Not only will you enjoy the thrill of being out on the open sea, you'll also enjoy all the luxuries a world-class eruheliner can offer.
      165 words
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      434 10 1 Office unit, Orchard Plaza, Strata Fir Area 42 sq.m Warehouse, Tai Seng Dr., land Araa 6849 «q.»., GFA ***** sq.m. 2 Moray terrace factory, Kim Chuon Dr., land A/ea 559.3 sqm., Fir Araa 538 sq.m. 2 factory unit*, lor Bakar Batu, Strata Fir Area 124 214 sq.m. 3 (hop
      434 words
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      180 10 E. K. ENGINEERS (PTE.) LIMITED (IN MEMBERS' VOLUNTARY WINDING-UP) NOTICE OF FINAL MEETING NOTICE IS HERESY GIVEN pursuant to Section 306 of the Componies Act, Cap. 50 that the Pinal General Mee«ing of the Members of lit* obovenamed company wiH be held at lK* office of MESS«SONGTEH&CO.atB9Shart S*rMt, *10-02 Golden
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      169 11 I ASIANS TWO LARGEST INDUSTRIAL TRADE EVENTS OPEN TODAY! 9- 12 J^ 1 6PM www.psa2oo2.comwww.hvacasia2oo2.com I HALLS 3*4 HALL 5 I Over 1,000 exhibitors from 70 countries/areas Over 200 exhibitors from 20 countries/areas I 11 National/Group Pavilions 6 Notional/Group Pavilions i ,f xhibi,ion s P? c e of 20,000 sqm
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  • Article, Illustration
    Lock icon FINANCE
    780 12 Transaction date: Jul 8 DTTBEBAMM POM KATES Is* 1^ ■'.4- '^^:*^■£S&* f' 1 »»»»> sr .^2«SS3®^ ssaa ®^«~»!S 2T n£ uS 1TM J2 !S ?25 U* OJM 4BB 4»4 OJW fl.® f* IT# UP t#4 ASM tJSS Till AMICUS? U7I UK 1.743 UBKQI4LM UM 9.M4 Utt 334I74B422 M43 UK
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      861 12 call »«l-trtcl»oQ 289 «812/B»sil r ccrs<a||».c«£aL' HONG LAI HUAT GROUP LIMITED (Incorporated m the Republc of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN thai an Extraordinary General Meeting of the dmholden of the fmpMy be held at Raffle* Marina, 10 Ttaaa West Drive, Singapore *****4 on 29
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      562 12 IN THE MATTER Of THI COMPANIES ACT, CHATTER SO AND IN mi MATTER OP EMMACO ASIA TRADING PTE LTD (M MEMSERS' VOLUNTARY LIQUIDATION) Al an Ej*aontnary G«aid MMm el Mawfcais of Embroco Aria Trading fit Ud duly a«Md and hold at 20 Cecl SM 12-02 A 03 Singapore EkIMDM Singapore
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  • WORLD news
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      Lock icon 73% of Japanese firms to cut permanent staff
      242 13 Dow Jones Newswires [TOKYO] The latest Nikkei survey underscores the likelihood that major domestic manufacturers will continue to shed workers in the years to come to cut costs and raise productivity, the Nihon Keizai Shimbun reported yesterday. About 72.9 per cent of
      Dow Jones Newswires; AP  -  242 words
    • Article
      Lock icon Japan upgrading view on economy
      365 13 TOKYO Rise in machinery orders in May key reason for revision Reuters JAPAN will upgrade its assessment of the economy in its monthly economic report for July, to be released on Thursday, a government source said yesterday. The comments follow yesterday's release of stron-ger-than-expected machinery
      Reuters  -  365 words
    • Article, Illustration
      Lock icon Sanford Weill named CEO of the year
      282 13 Bloomberg [NEW YORK] Citigroup Inc chief executive officer Sanford Weill, who rose from Wall Street messenger to the top position at the world's largest financial services company, has been named "Chief Executive of the Year" by Chief Executive magazine. Mr Weill, 69, the
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    • Article
      Lock icon Shiokawa's remarks send US$ plunging
      581 13  -  Dollar hits 11&83 against yen, dragging Tokyo stocks down From Anthony Rowley in Tokyo FINANCE Minister Masajuro Shiokawa became part of a long tradition of Japanese government ministers opening their mouth and putting their proverbial foot in it when he suggested last week that the
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    • Article
      Lock icon Domestic demand growth crucial: BIS
      493 15  -  Rising US current account deficit seen as threat to global economic stability By Ravi Kanth m Geneva THE Basel-based Bank for International Settlements yesterday forecast that the health of the global financial system this year as well as in the immediate medium term crucially hinges
      493 words
    • Article
      Lock icon Mercedes accuses BMW of inflating US sales figures
      277 15 FRANKFURT AFP. Dow Jones Newswires GERMAN Carmaker Mercedes has accused its rival BMW of inflating sales figures in the US to ensure that it remains the best-selling premium brand there, the Financial Times said in a report yesterday. Mercedes had alleged that
      AFP.; Dow Jones Newswires  -  277 words
    • WORLD Watch
      • Article
        Lock icon Hitachi scraps some closure plans
        63 15 Dow Jones Newswires [TOKYO] Hitachi Ltd said yesterday it has cancelled some of its earlier plans to close semiconductor production lines thanks to reviving demand. It to meet demand by using existing plants as it is still hoping to slash capital spending on its chip
        Dow Jones Newswires  -  63 words
      • Article
        Lock icon NEC Q1 results better than expected
        46 15 Bloomberg [TOKYO] NEC Corp said it had better-than-expected fiscal Ql earnings, aided by a rebound in sales of semiconductors for products like flat-panel displays and car engines. Sales of "everything were better than our plan", NEC president Koji Nishigaki said.
        Bloomberg  -  46 words
      • Article
        Lock icon EBay to buy PayPal for US$1.5b
        37 15 Bloomberg [SAN JOSE] EBay Inc agreed to buy online payment provider Pay Pal Inc for about US$l.5 billion to make it easier for users to send and receive payments for purchases.—Bloomberg
        Bloomberg  -  37 words
      • Article
        Lock icon Alcoa Q2 profit down 32%
        52 15 Reuters [PITTSBURGH] Alcoa Inc, the world's No 1 aluminum producer, yesterday said its 02 profits fell 32 per cent on weak prices due to the sluggish manufacturing and aerospace industries. Revenue fell to U555.25 billion from U555.99 billion in 02 last year on lower aluminum
        Reuters  -  52 words
    • Article, Illustration
      Lock icon US economy keeps on trucking amid uncertainty
      469 15 NEW YORK Consumer spending undented while industry recovers NYT SCANDALS continue to crash through executive suites. The threat of terrorism hangs in the air. Stock markets have tumbled. And through it all, the economy has pushed forward. A constant trickle of relatively positive
      NYT; AFP  -  469 words
    • Article
      Lock icon WorldCom's ex-CEO tried to halve internal audit budget
      431 16 WASHINGTON Ebbers, ex-CFO subpoenaed to appear at Congress hearing Reuters WORLDCOM chief executive Bernard Ebbers proposed cutting by half the budget of the company's internal audit unit before he resigned earlier this year, a congressional source said on Sunday. A hearing scheduled
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    • Article, Illustration
      Lock icon SEC chief should go, says Senate leader
      338 16 WASHINGTON Pitt too cozy with those his agency regulates Daschle Reuters ACCUSING the Bush administration of a "cozy, permissive relationship" with corporate America, Senate Majority Leader Tom Daschle said on Sunday the chairman of the Securities and Exchange Commission was largely responsible and
      Reuters  -  338 words
    • Article
      Lock icon New SEC rule doesn't apply to non-US firms
      200 16 Reuters [NEW YORK] The Securities and Exchange Commission's new order requiring chief executives and chief financial officers to swear to the accuracy of their company's financial results does not apply to non-US-based companies, according to the Wall Street Journal yesterday. That means
      Reuters  -  200 words
    • Article
      Lock icon Silicon Valley stands by its freewheeling culture
      492 17 SAN FRANCISCO Its defenders feel the traditions are the stuff of vibrant entreprenenrship NYT WITH scandals and tumbling stock prices putting corporate America under pressure to mend its ways, stiff resistance to change is coming from the epicentre of the excess during the
      NYT  -  492 words
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      197 13 EB Save up to 30% on RNA A Business Glaee to OS A HUH Fly ANA Business Class to USA and enjoy I the best of inflight service, peerless facilities and excellent arrival timings (before All these at up to 30% savings! That's because ANA offers some the most A
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  • Article
    Lock icon COMMODITIES
    1303 14 si com mruitBS MMKI Mm (CM* prim) KSHScwUAU dM Mw OpM H* 1— l*tt ft—w) >*»r»«t **02 BUS Hp02 ***** Oct 02 152.25 Nw02 152.25 ISSSdBcaM*) VotaM Om m lm m (tmmu) mSZ STg 85-?5 850 85.25 2400 Oct 02 auo an ous m iw 05.25 1900 TK 20
    1,303 words
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    Lock icon STOCKS ASIA
    3769 14 Transaction date: Jul 8 for more, go to wiiwxisiaonenmarketsjxmi I HONG KONG HysanDev 7.70 a 10 1095 1M Merchma Hldgs 0*3 unch 1060 mS Ml Bank o< Asia ZOO unch 535 —.0.15 inch 0 553 0.03 inch 1444 Jiangnj Express H 2.15 unch OB AnandaVVVigOn... .-006 und> *****0
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      123 15 |HIIHHHHHHHHHHi I For over 20 years; 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 Full nominee, management, corporate secretarial, banking and professional
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      156 15 i luiu KSf POWER m Asia 2002 International ExhibrrioN on Fluid Power Systems I Ml For tlie HydßAulics Pneumatics iNdusTßy «Ihh 4 I J A Gateway to Italian State-of-the-Art Technology and Equipment in the Fluid Power and Mechanical Power Transmission Industries OVisiT Us At: SiNqApoRE Expo, HaU 4 Bootli No.
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  • Article
    Lock icon KLSE
    2074 16 Transaction date: Jul 8 KUALA LUMPUR Fraser»Nea*e 340 5.04 33 vol 2.U an t7 m *t- r*M) Fw Industries 534 0.02 52 Oadana 122 0.01 14 AAMRealty 1.10 -0.02 5 Gamuda MO -0.15 312 Abric 1X3 unch 00 GanadO*p 0.95 0.06 5 ACPIndutriai 318 -052 156 6araTath 1.27 0.02
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    Lock icon SGX
    452 16 Transaction date: Jul 8 oac &si tm nmm sfc o_u uao «oie I4t t« 4M OCK lit UJH ChMMCondJk 1M0 -4XMB OOf Ui 7J30 U» 0J» (UTS ocx OVMkwTSc (LM U30C -OXC SCX K 013 i 230 -0 010 D 5 QT> MJJ 1UN SA so tZ2 UJM -0
    452 words
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    Lock icon BONDS & WARRANTS
    558 16 BONDS WARRANTS ua mcw bm "hT t 3aZ '">"1 «ar- HHalt Ma »tnHn| la* AST11M*****1 M 1 H 13 141 23 Aon. ltd W*****6 J <1.5 4 1 SO 471 UO 28 An««k W*****0 R5 3 1033 1 33 2 132 35 AmWrong W*****0 1 45 10 1 10 S3
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      1064 16 B SWING MEDIA TECHNOLOGY GROUP LIMITED NOTICE OF ANNUAL GENERAL MEETING 15 hereby GIVEN that the Annual General Meeting of Swing Media Technology Group Limited k (the Company") will be held at Amara Hotel, 165 Tanjong Pagar Road, Singapore *****9 on Wednesday L 31 Ally 2002 at 10.00 a.m. for
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      8 16 Buy it Sdl It. Find It i i
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  • Article
    Lock icon SGX MAINBOARD
    2598 17 Transaction date: Jul 8 for live prices, log on to urwwxtsiaonemarketsco 4ft. T a <a **•-£!•a"; g-a-ra ABNAmroNLGSSc 9 12 g,fji^ajS5?::i—S i, »i 8 2 «3 '>" B 2 575 358 c AP8 Irnwnci 520 -20 19 540 520 520 S3S j. at tie ,««V 3:®MezzaS ,as 315
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    Lock icon SGX XTRANET
    32 17 -ri a •> a s-a-a SB MlBMSOSpon US57S *)0 s ISSWSOO US***** ***** 9900 s von USMOO IW 1S4l<$llfTF1fl» M -5 32 1670 1630 1633 163) I I I I I
    32 words
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    Lock icon SGX SESDAQ
    598 17 c T s m* -r u» aya, s *s -as 17 121 AW HWgjSt ______MS K( S j;ffis===Sj j££ "i j sl S, T, s:i S s 5 "»ssssttzzz:? 5 r "s »'i t s ifs w'ilZSrt 1 -M "J 77 27 2> 27 15 315 27 n
    598 words
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    Lock icon CLOB INTERNATIONAL
    201 17 Srt*. M* CrtW Hat mCm m+> Lot Caap Ml m» W- TO I— —fm Mir Cw m >3 m JL tn BS Its 14 10.5 53 2M3 720 11 73 C M3K2 dwaig KongSOc HK— 17*0 240 63 6.7 3 «M3 e G»y» SoMnniUHK 55 2 73 33
    201 words
  • Page 17 Miscellaneous
    • Miscellaneous
      Lock icon Page 17 Miscellaneous Column 1
      156 17 QRiriiu CROSSWOBD 24 Henry racing crew to gain stature (6) 25 Fa/ewel to Tokyo (8) 7 Understand punter has to re- YESTEROAVS SOLUTION 26 Stagger a scrap merchant tam (3,6) Actum: 1 Plfcrop, 5 Unrobed, 9 < 6 12 Communicated, yet caused Makeshortworkof, 10 Lair, 11 DOWN aimoyanoe (3,6) Barmy,
      156 words
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  • KNOWLEDGE economy
    • Article, Illustration
      Lock icon The reluctant capitalist
      1826 18  -  thouoht leadership In the third interview in an occasional series, oil-exec-turned-philosopher Charles Handy tells DBS dearlove what bothers him about capitalism DES DEARLOVE The writer is a UK-based management writer BRITISH business thinker Charles Handy has carved out a unique niche for himself as a social philosopher.
      1,826 words
  • Page 18 Advertisements
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      100 18 This information appears as a matter of record only. The securities described below have already been offered for sale. maxis Maxis Communications Berhad Company Number *****0-V (incorporated in Malaysia under the Companies Act, 1965) Initial Public Offering of 652,335,000 Ordinary Shares (410,875,000 new shares and 241,460,000 existing shares) raising RM
      100 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      266 19 Reuters THE Baltic Dry Index (BDI) rose one point to 1,004, the Baltic Panamax Index (BPI) gained three points to 1,013, the Baltic Handymax Index (BHI) fell five points to 7,546 and the Baltic Capesize Index (BCI) was unchanged at 1,158. Arethousa (built 1991) 171,779 dwt delivery Umuiden
      Reuters  -  266 words
    • Article
      Lock icon MARITIME STOCKS
      203 19 T—mi riTifrrnr— M» V- W CWTD.Mrtbutwo_0.79 -0.02 24 Cft—>lM» 0.42 OOI 1*2 C—Ca iDWlWMWl —Oil -0.01 63a FraMltLM* 0.06 -OOI US MHMW OJO -0.01 71 JaraHaMnp 0.2s -ooi W64 KappalCorp 4.20 -OM 1960 Kapp* Marina 0.10 uncft 357 KiMHTata a9» uncft 13 Laoroy MrtM 0J1 -0.01 4M HMM
      203 words
    • Article, Illustration
      Lock icon Most S'pore-flagged ships meet ISM July 1 deadline
      602 19  -  Likely that safety audits could soon be expanded to security audits By Beth Jinks [SINGAPORE] Almost all of Singapore's locally registered fleet met the July 1 deadline to comply with the International Safety Management (ISM) Code, as the industry braces for the
      FILE PHOTO  -  602 words
    • Article, Illustration
      Lock icon Rescue underway for holed UK warship off Aussie coast
      360 19 AFP [SYDNEY] Australian authorities began a full scale rescue operation early yesterday after a British destroyer was holed off the east coast, search and rescue officials said. The 3,560-tonne HMS Nottingham struck rocks two nautical miles from Lord Howe Island, which
      AFP; REUTERS  -  360 words
    • Article
      Lock icon Sydney ports' box handling soars to record volume
      313 19  -  Containers hit one million TEU mark for fiscal year ending Jane 30 By Beth Jinks [SINGAPORE] Container throughput at Sydney ports was boosted to record highs since March, exceeding pre-Olym-pics levels. Reflecting Australia's relatively robust economy, strong container performance also helped to
      313 words
    • Article
      Lock icon One dead, one missing in ship fire off Japan
      149 19 AP [TOKYO] A fire broke out on a Panamanian-registered freighter off Japan's north-eastern coast on Sunday, leaving a Filipino crew member dead and one of his colleagues missing, a coast guard official said. The 15,733-ton Fairy Angel, carrying clay from Vancouver,
      AP  -  149 words
    • EUROPEAN fare war
      • Article, Illustration
        Lock icon Major airlines take a risk with huge fare cuts
        803 20 The big European carriers are clashing with the no-frills airlines head to head, cutting short-haul ticket prices and risking profits in order to regain market share Bloomberg [LONDON] BRITISH Airways and other European airlines are taking a gamble in their competition
        Bloomberg; AFP  -  803 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      117 20 PAK FoongSun 5 ISA t Fi#tr«H 6 rta|Mts t CcMrtrm 4 CMACCM 3 Hm«N 4 COSCO 3 Hywdai 4 Olwitm 5 HcwrA 3 CmtrtiU 4 MSI 5 CMmSDM S KinHai 5 Coug* S Krowa i CWT Cloilfc* UTC 3 OHms 4 Uncr 4 if— 3 UyltariM 2
      117 words
    • Article
      Lock icon SHIPPING GUIDE
      12015 24 THEBUSINESSTIMES EXPORT 51* rv. A f? fJ> r TMpAaaa ETA ETA VMMl TMipHowi |j mg IILpmmhJB r-", ft JM a M M JBL S Ik AOABA (AOJ) 2023 Jtrta To ABIDJAN (ABJ) 2003 Cat* BT*ltr» KM Mr Waa HM UM PACIFIC HM «dm WW MM U»ta, MTELUGEMCECOWTA OH
      12,015 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        377 27 Voy 1*0 Bart* Arrival Dapartara jniM «A«* AMOO Kft JI7 09*07/2007:00 10/07/2012:00 ■"OMI 1 JB 09*7/*****5 09*7/*****0 IT M 2492 2102 JOT 09*7/2008*0 0*7/200*0 CM MOW II JOT 0*7/*****0 13/07/20*00 ■OTAt 44S02 J03 0*7/2009*0 09*7/2022*0 «W *1 0*7/*****0 OT/07/20KJ0 W6MT0A J» <IVB7/20ttOO 0*7/*****0 IRAIMKMAI7 IBM JM OV07/2DWOO 0*7/2022*0
        377 words
      • Article
        Lock icon CONTAINER SCHEDULES
        1369 27 RECEIVING Of EXPORT FCL CONTAINERS AND LCL CARGO I Vc*m4 Out la MrtNn« U»- tar* Nm* Hmm hirthktn Mmhi vuy«9e i»«ct rtmof WW 3M Hi laHHOOOKfcOD HHWMBHOQ igimawM cms osa laoTOOO-OMQ towwoog-iMo wmm cm* «5m amnxa-ow iobwbob-omd alamiata i H03 ma HO7QOO-I&OQ M— 1 OMH OMM OWTOOOMKO lOOTOBO-Bg)
        1,369 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        156 27 MM France: National Day MIS Brunei: Sultan's Birthday Jol 17 South Korea: Constitution Day Japan: Marine Day Jal20 Japan: Marine Day M21 Belgium: Belgian Nat Day A*1 Switzerland: National Day AagB UK: Bank Holiday (Scot) Singapore: National Day A* 12 Thailand: Queen's Birthday Amg LB Belgian: Assumption Day
        156 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        761 27 THIS report, compiled by Cockett Uterine Oil Lid. show* price ranges in US dollars instead of tingle prices for a more comprehensive description at the market Prices shown are based on average siaed stem. Market movements are Indicated. The Cockett Bunker Price i~w. chance and the
        761 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        398 27 CatM M Mm W.7 0 O K4 0.07 71 003 tow«T MW* MWMW rnrnmrnm hames O O O O soo aw mi 02 ri om s u tmm 300 Mb 9907 09 B.9 OB 124 OJI ri n»mm»as o o 4 o 3 1 tS0/Q 2
        398 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon Shares of Asian carriers seen holding on to gains
        698 28 China demand, electronics shipments help to take np capacity Bloomberg [SINGAPORE] Cathay Pacific Airways and other Asian carriers, whose shares outperformed airlines in Europe and the US this year, may hold on to gains as demand in China and from computer
        Bloomberg; AFP  -  698 words
      • Article
        Lock icon Dragonair's Taipei flights put pressure on Cathay
        323 28 It is giving away free tickets ahead of lannch of new services Dow Jones Newswires [HONG KONG] Hong Kong's Dragon Airlines is launching an aggressive promotional campaign for its brand-new Hong KongTaipei flights, increasing the pressure on local flag carrier Cathay Pacific Airways
        Dow Jones Newswires  -  323 words
      • Article, Illustration
        Lock icon KLM to cut European fares up to 40% from next week
        313 28 Bloomberg {AMSTERDAM] KLM Royal Dutch Airlines will cut European fares by as much as 40 per cent as the carrier tries to stop the loss of leisure travellers to no-frills rivals. KLM will introduce the new Cares for its
        Bloomberg  -  313 words
      • Article
        Lock icon Aussie govt may ease Qantas ownership rules
        206 28 Bloomberg [SYDNEY] Australia's government is considering a request by Qantas Airways to ease ownership restrictions on the country's largest airline, a spokesman for Transport Minister John Anderson said. A single airline cannot own more than 25 per cent of Qantas under current rules
        Bloomberg  -  206 words
      • Article, Illustration
        Lock icon Russian airline blames Skyguide for crash
        616 28 Controllers failed to convey urgency in messages, it says AFP [GENEVA] The Russian airline whose plane smashed into a cargo jet over Germany heaped new blame on Swiss air control company Skyguide on Sunday, saying it conveyed no sense of urgency as the aircraft
        AFP; AP  -  616 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1222 28 Fuaff tr> MM n» S0325 >445 LH77» 2305 LM770 ZZB Uim 1555 >U 4579 2305 aa a» ««t« bss moot zm S023 0M5 CM74 OOO "2 £2? 2? KU37 1455 (U3I 2255 "g mmm ma mm pa mm em tmttmt LHHTf BOO UBM 2020 1 NZ23
        1,222 words
  • Page 19 Advertisements
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      27 19 Major European rr airlines take a gamble with huge fare cuts Shares of Asian carriers seen holding on to gains Russian airline hlames Skyguide for crash a
      27 words
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      Lock icon Page 19 Advertisements Column 2
      127 19 |kaiA|k| mm M PEOPLE Lufthansa German Airflnes has appointed ArMd NJkolaus von zur Muahten (right) as general manager I for Singapore, Malaysia and Brunei. He succeeds Dfrtmar Kramer who has taken up a new appointment as general manager of the Philippines. 1 J| J Mr von zur Muehlen joined Lufthansa
      127 words
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      341 20 I NORTH AMERICA ifißfe- QULF/INDIA SUB-CONTINENT 1 nssa wr ia rtc vor ju mm nb OOaMMCA 4IWM »/M ***** ***** PtOHHIOTtSKM HI M/ 17 M/V M*7 ooacMconu *jwm ®'/v 11/ v n/v «g« ■Miovvnom mi \%/%j n/17 1/gJ nMy ooamrnm tnm u/v n/v n/v m »/w »w 11/ v T
      341 words
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      35 20 WORLDGATE EXPRESS LINES PTE LTD ■I s T*l: *****911 Fax: *****073&*****63 Ema«: WEBSITE: httpj/www. wortdgate com sg TPiMHy Chlttagong 10/07 Karachi pout lows Tim PTTtooMarownA WW aarß3 KARACHI/LAHOftt 11/07 CALCUTTA "La/07] POT! LOUiS WMAVA BHEVA
      35 words
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      Lock icon Page 20 Advertisements Column 3
      455 20 linn sarvicss naprewntod by Members of ySKy Aocrrfld Shipping Agwb, Singapore logitfics Singapore Shipping Awocialion Anoartion ULY LINE MALI frasa vor iu m "nT\ fnw vmi am PrinoMUty 0602 19/07 20/07 28/07 Ewpfn Uty 0502 04/06 03/06 11/06 PrincwtLiiy 0702 19/08 20/08 28/08 ULY MAMNi SBKVICSS PTE LTD i ntiniii
      455 words
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      512 21 TO USA (SAX SBVKP vor sura uu oa* ml moo cm col am oi irT" AnEWMAiM mi iM7 a/ §y n/97 n/n 19/07 m/ 07 29/07 31/07 31/17 amcahaoa 111 ly/iy n/ii m/m m/m m/m m/m m/m m/m 07/ m 07/ M mscwuw 1111 14/17 m/m H/M 11/ M 17/
      512 words
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      Lock icon Page 21 Advertisements Column 2
      805 21 MCWF W§MECT CLA£JL TC^l IMBBI vmmm tmms unw« I iiw wimi ~i i*A a BmoWi MJt»l/«S« UKSS2S/7] I l*w IBABAff* *4! ITW MM 1 (ST/nw n« !H> 11 01 M IB M n n B( m !?f M JWJ WV H/V 77/17 GUMiM M 7 MM mm, ?Li nsraus moa
      805 words
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      Lock icon Page 21 Advertisements Column 3
      233 21 w M wr ar pa igfsffTiSs arc am »w iyy n/y iyy 17/7 iyy a/7 jpfKMmm I ats liz/yhf/7Ui/yI a/7iM/7g7/7i antmrnawG w lin \in 21/7 h/i wi wi iquuc I nii 1iv7117/7 lit/71 unnmgK tm iyy ran nn 31/7 y% ||w—mswth 1 tm|if/7|at/y|m/713^|3</y|vTl 3L_ _1_ JSLJW. _*__2!L Jt_ ac mt
      233 words
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      539 22 HMhf* HYUNDAI MERCHANT MARINE CO., LTD. q MO. HOtTfMUm |M» WT I ft MM II IMM 4M I MMI M¥ if VOV| Ml IM I tra I MT I MM I MV THll StVSaSSn" ZZZZSZ m n/W V/W M* M/M 17/ M 11/ M M/M wH\\\ ..I- n/V M*ll/M 13/
      539 words
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      Lock icon Page 22 Advertisements Column 2
      421 22 WAN HAI LINES INTRODUCING: NEW WEEKLY EXPRESS SERVICE >Aden > leddah ■^|^H Aqaba I MPglLjjJ HH Weekly Express Tuesday sailing For more details, call HOTLINE: 1800-*****00 or *****588 gssss It/17 U/%7 %/v IMA 91/ M 31/17 95/99 17/99 w* n/w n/M 17/— it/ii MBBKM 4/W SAUD IS/17 14/17 14/17 17/17
      421 words
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      Lock icon Page 22 Advertisements Column 3
      392 22 w-asaslT-wraay express smlmg schedule ALIO ACCEPTMO TO ALL MMTMBW MO VETOM O FWTS r- lsl.zMrr.Tfar L l |»p» w» *m I I nm im hi nm vm~ *ms_ jsl. s*l _mjl jSI _sa_ B»SSL_ 2SL JUL. _»JL_ JLS_ _2JL H®—JHL_ JUL J5*—UL. JJBL _JM_ m»w m am \m tm tm
      392 words
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      860 23 |V«»M. VOY I KHH I HK6 I«W wa I 6XI I lAI I MtM rn pal 67 is7 —***** —5T707 —H707 "***** *****" M.V.INMMA Kl-MI 16/07 17/07 20/07 21/07 20/07 29/07 21/07 02/06 KAN ORMAN PCI-269 22/07 26/07 27/07 21/07 04/ M 03/06 fIiST 09/08 MAN ISFAHAN PCL-270 20/07 21/07
      860 words
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      Lock icon Page 23 Advertisements Column 2
      389 23 I UK CONTINENT SERVICE Loadbigfar MARE ROM/ATW/BMN/UK/NAN OCEAN OLYMPIC FtOM/ATW/BMNAJK/NAN STAPUNG ROM7ATW/BMN/UK/NAN MIDDLE-EAST SERVICE Looting tor SEA BRIGHT JOIVAQA/DMT ASPILOS JDH/AQA/DMT FAVOWTA DB4/ABU/DOH/BRN/DMM/KWI AGIOS NECTARIOS TRAD6R DGt/ABLbDOVBRN/DMMXWI I I *lomn SUBDOW, ej* IW>l*. Mrnimah USA SERVICE Loadbigtor ANGARA CAMMFVSAV/NOL CARWA VENTURE MZL/LAX/VCW ATLANTIC FORTUNE CAM/NFK/SAV/NOL "LoadsEJW.M*««o,>,imli F.E./S.EJL SERVKES B*pow LoaAgfcr
      389 words
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      330 23 OB m m rn 1 222 J £«it!Sn« ?*"*l 711-TH. in iMHWI tr»l in Til 07-aSI ®nt NWn I 7*l-19*41 71 Urn FT* ?HF». ni3sm ZZLy JwsJsi* N«i«7* 4*l-745 507 li-Ml **7? ggi wi-MI n» iHPii!nnniE?nEv^^H w»«wawwaMtMiMnn SCr* -SS —jjjr~-S£—85— w —-BS —Dfl —mS— *'>5"- lis jg» —I if "l-
      330 words
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      23 words
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      Lock icon Page 24 Advertisements Column 2
      123 24 Cm GLOBEUNK PTE LTD J own omen m TEL:*****933 (36 LINKS) FAX:*****742 M SrDNiY-MiLBOU»Mf*iMAM6-eO*T KtLAMG-FASIK <SVOAM6KIKHmG4AMGICOII-ICAAACHfO»*AY mw cm CrrY^Alf^OM6-WUKM^kUm^AtOmjI^.TUMMM^OnDAO- SMAMGHALXIAMfM FUZHOihOALIA*hXiAM-MIMMQ itH MA ZHUAMG WEEKLY DIRECT GRQUPAGE SERVICE TO CENTRAL Mm AMERICA MANZANILLOfMEXICO BUENAVENTURA/COLOMBIA MONTEVIDEO/URUGUAY SANTOS/BRAZIL VALPARAISO/CHILE 1 BUENOS AIRESfARGENTINA For •nqulrltgfbookings, pitas* call *****177 TO TOKO LINE IMmMLUNe^MMKKO79O23 MButM«o»e/eowvinoHM.M«»ia
      123 words
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      Lock icon Page 24 Advertisements Column 3
      169 24 BSA MM MYANMA \UUi FIVE STAR UNE "nssxr OMSMIMMV S m W Ml NMI VMM u AAUTOU. MNKTUS SMPMM MBKRS ■fc m-imitm m: n-simiti rat tg| BANK LINE U unto >1 WMr SMpp^) I NOKTHBOUNO TO EUROPE v cdot>—una—iimynns MMBMB/VISI HPT 11/W «7/H M/M 11/H IBMMM /Vls7 tl/H M/M U/Vf
      169 words
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  • Page 27 Miscellaneous
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      Lock icon Page 27 Miscellaneous Column 1
      128 27 wf //r 4\? H*' J» /< i <juj^pK^/ iy <• 1 I V vi%ilifll^^K LEGEND^^^^^^^^^^^^^^^^lssuedb^Meteorologicalslw^MlSMs^^ftEA R Thunderstorm A Showers yC\ R»" emperature Wind direction and speed in knots Cloudy Day weather OO Hazy Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds
      128 words
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