The Business Times, 26 September 2002
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2002-09-26
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The Business Times
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Title Section15 2002-09-26 1 MITA(P) 010/03/2002 85C ™'V THE BUSINESS TIMES SINGAPORE Internet: ht:p://business-times.asial .com.sg THURSDAY, SEPTEMBER 26, 200215 words
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Article73 2002-09-26 1 HI UtUi (-34.45) ST DCDEZ PUTUBES 1«348L00 (-24.00) SDBCIFUTUUBJ IMJQ (-2.80) STOCK HAIKET INDICES Wednesday Change KLSECOMP 636.75 -15.66 NIKKEI 225 #,166.41 -***** HANG SENG 9,124.91 -7177 SET INDEX ___SJ6.00 -433 JAKARTA COMP ,408.64 +054 MANILA COMP .1,***** +453 TAIPEI WPI 4,186.95 -***** SEOUL COMP 667.96 -14.32 SHENZHEN73 words
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Article71 2002-09-26 1 FOIEX BATES LSI SS L'S$ (S$ per L'SS) L782 £(US$/S$ per 1.563 2.786 EURO(US$/S$/E). 0.983 1.751 YEN 122J 687 RM 3.800 1132 HKS 7.800 4J77 BAHT 4137 2 4J3 RUPIAH 9,002 5,061 FUME BATES SINGAPORE* bib KUALA LUMPUR 6 40 HONG KONG 6.125 JAKARTA 39.00 TAIPEI 6625 TOKYO 1.37571 words
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876 2002-09-26 1 Chuang Peck Ming - exclusive Gain is among the lowest in Asia-Pac; analysts cite electronics slump By i Chuang Peck Ming [SINGAPORE] In a year when the profits of American multinational corporations in Asia were down, in few countries did their returns fall to as876 words
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Article, Illustration741 2002-09-26 1 Quak Hiang Whai - Working group outlines plan for a 'creative' economy Byi Quak Hiang Whai [SINGAPORE] It was a press briefing with a touch of creativity. Held at the library of the sprawling Esplanade, yesterday's presentation by two working groups of the Economic Review Committee (ERC)ARTHUR LEE - 741 words
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Article, Illustration456 2002-09-26 1 David Boey - Bnt telco might apply again later to raise rates By] David Boey [SINGAPORE] Singapore Telecommunications will not appeal against the regulator's decision to turn down its application to raise fixed-line telephony charges. But it does not rule out making a fresh applicationSource: Bloomberg - 456 words
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574 2002-09-26 1 David Boey - It should have cl&rified through Masnet, says SGX By] David Boey [SINGAPORE] Chartered Semiconductor Manufacturing was taken to task by the Singapore Exchange yesterday for failing to clear the air following the flurry of rumours that the chip maker was about to make574 words
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Advertisement89 2002-09-26 1 MM BizlT Brio Software bullish about Asia sales. Pg 28 Kenneth James: The reality check behind those ICT projections. Pg 28 Top Stories Split decision from Fed rattles US stock markets. Mmxi Page Law to make Riau Islands a new province passed. Mmxt Page United Food assures market firm is89 words
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Advertisement28 2002-09-26 1 MORE REPORTS Go global, panel urges media industry, Pg 4 Give more play to arts, sports in schools: panel, Pg4 Workgroup oaDafor high tolerance of diversity, Pg 428 words
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Advertisement75 2002-09-26 1 Asia's premier venture financing and technology event is back Find out in BT s Tech Venture Asia 2002 supplement Pg 22-24 B V LG A R I I X '.a jEfo* "fF B rc/yy I I <■ niir\/i i rf ,1 it ull h S UlilOll ll«<U't |.lln.l s Mil75 words
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904 2002-09-26 2 Andrew Marks - FOMCs uncertain view on the pace of economic recovery also adds to worries From 4 Andrew Marks in New York THE US Federal Reserve may have decided it would keep short-term interest rates steady at Tuesday's meeting of its policymaking committee, but904 words
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ON THE grapevine
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Article124 2002-09-26 2 SHAREHOLDERS of Chartered Semiconductor Manufacturing who did not affix a stamp on their application envelopes for their rights shares will be glad to know that their applications will be accepted just the same. The chip maker has written in to clarify an item entitled "Stamp of parsimony"124 words
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Article159 2002-09-26 2 J WE are not sure who started using the term "ecosystem" on just about everything the government wants to promote. The Economic Development Board has claimed credit for pushing for its "enterprise ecosystem" last year. Now we hear from the ERC's working group on creative industries159 words
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Article54 2002-09-26 2 BUT Grapevine reckons that the last echo on ecosystems came from Minister of State for Education and Manpower Ng Eng Hen, the chairman of the ERC subcommittee on enhancing human capital. It's a three-in-one with three buzzwords of the day in it. Here goes: "Talent needs an54 words
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Article106 2002-09-26 2 r IF you're brimming with ideas on "the role of the state in an increasingly borderless world", knock them out right away for a shot at some prize money. Entries for this year's economic essay competition organised jointly by the Monetary Authority of Singapore and the Economic106 words
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Article69 2002-09-26 2 IN Tuesday's report "Schroders makes S'pore equity hub", we said that Schroders Investment Management had been outsourcing some of its information technology and trade settlement operations in Singapore. Schroders has clarified that outsourcing of trade settlement activities is only being done out of the London office and not Singapore.69 words
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418 2002-09-26 2 Ven Sreenivasan - STI the worst performer with 2£% fall to 1,342 By' Ven Sreenivasan [SINGAPORE] The Singapore market earned the dubious honour of being the worst regional performer of the day as Asian bourses, already rattled by war rhetoric, slid further south in sympathy418 words
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Article, Illustration608 2002-09-26 2 Shoeb Kagda - Move unlikely to affect S'pore investments From Shoeb Kagda in Jakarta INDONESIA'S Parliament has finally ratified a law that will officially lead to the Riau Islands group which includes Batam and Bin tan being spun off as a separate province. But608 words
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Advertisement9 2002-09-26 2 Editorial* Not too hot, not too cold, Pg 129 words
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Advertisement44 2002-09-26 3 RESTORING COLLECTORS' TIMEPIECES. HANDCRAFTING NEW ONES. I \i lusi\i l\ .ii Yafriro I (VU'bm* I x Temps I .11 itiitii.illi I>..iiiu|ik: I'ji.ipm .''Ml Or Ji.iul 111 ,'tSSi'l (,S <r »i I(,I/<riN(. I I (S I(,| Ul i,,,c' stn U n> i t ,.ni s-44 words
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ERC report
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611 2002-09-26 4 Quak Hiang Whai - Sector should contribute up to &5% of GDP in 10 years, from 1.6% now By Quak Hiang Whai THE Singapore media industry should go global, with at least three of the local media groups hitting revenues exceeding $250 million each from offshore operations in611 words
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Article, Illustration622 2002-09-26 4 Cheah Ui-Hoon - By Cheah Ui-Hoon TWO high-level committees have proposed making changes to the education system to "embed" arts and sports, and to look at "arts for business' sake". Embedding arts in the education system was one of the shared recommendations by twoARTHUR LEE - 622 words
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592 2002-09-26 4 Catherine Ong - Issue of freedom of expression being dealt with by other panels By Catherine Ong A WORKING group that seeks to promote a more cultured and artistic Singapore has called for a society that is highly tolerant of diversity. But its failure to address592 words
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Advertisement33 2002-09-26 4 The iritfcnale talorod shkt now comes wHh a bonus CYC i* /vi) rcade. 3556 Far: (65) 6339 5283 E-mail: cyccustomshopQpacific.ntt.sg iop.com 10.30 am 7.30 pm Sundays and Public Holidays 11.00 am 7.00 pm33 words
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Advertisement349 2002-09-26 4 Celebrating creativity Strategies for a creative economy Embed arts, design and medta all levels of education Set up flagship art design and medta university programme Establish 'percent-for-the-arts' scheme to promote pubic art Develop fusion library space Work with CDCs to develop 'creative towns' Develop virtual cultural resource network Transform Singapore349 words
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Advertisement95 2002-09-26 5 Apologies to a shrinking world. W" —VP ji HHHMk m^ J The ne« BMW 7 Series Long Wheel Base. Despite its understated luxury, othe.s can't help but feel its presence. And ,fs not just the extia 14 centimetres Beneath if, state-of-the-art 100% aluminium chass.s, discover an array of impressive features95 words
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SINGAPORE companies
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Article, Illustration375 2002-09-26 5 Ven Sreenivasan - Move comes after sudden departure of financial chief sen t shares reeling on Tuesday By} Ven Sreenivasan UNITED Food Holdings yesterday sought to soothe frayed investors by assuring the market that its operations are functioning normally and that it remains financially sound. ItsFILE PHOTOS - 375 words
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843 2002-09-26 5 siow li sen - siew^ siow li sen THE new financing rules that took effect on Sept 1 have once again highlighted that in banking, pricing is everything. Everything else whether it be the credit worthiness of the customer, the collateral value of the property, or even843 words
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330 2002-09-26 5 Serena Ng - It's now seeking strategic partners in China market By Serena Ng ELECTRONICS contract manufacturer Asian Micro Holdings yesterday said it had reduced its full-year loss by over a third to $4.1 million, and added that it was on the lookout for330 words
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Article, Illustration378 2002-09-26 7 Andrea Tan - Turnover falls 19%; group cautiously upbeat about current year's performance By. Andrea Tan AFTER a failed merger, huge losses and the aborted sale of its Orange Grove Road headquarters last year, things are starting to look up for retailer FJ Benjamin378 words
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195 2002-09-26 7 Bloomberg GOLDEN Agri-Resources Ltd, a unit of Singaporebased Asia Food Properties Ltd, said first-half profit soared to US$l4.6 million from US$lB4,OOO on higher palm oil prices and a gain from the sale of tea plantations. For the six months ended June, sales roseBloomberg - 195 words
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Article255 2002-09-26 7 Serena Ng - By Serena Ng unitku Fiber System, formerly known as Poh Lian 1 Holdings, yesterday posted a slightly narrower interim net loss of $1.9 million, but said second-half losses are expected to be wider as the construction industry remains in a slump. Poh Lian, a255 words
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836 2002-09-26 10 Only cash-rich ones will be able to shift to more cost-effective technologies Reuters [TAIPEI] Asian microchip and display makers want to raise more than US$lO billion from capital markets before the end of 2003 to fund next-generation plants, but investor scepticism could stallReuters - 836 words
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COMPANY Briefs
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94 2002-09-26 10 CONTRACT manu&cturer Flalris Technology Corporation yesterday posted a deeper loss of $16.7 million for the year ended June, against aloes of $11.5 million the prerions year, despite a 42 per cent rise in turnover to $4274 million. The pxnp said it recorded a million94 words
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Article48 2002-09-26 10 MAINBOAMMJSTRD JK Yarning International, a lighting products Ann, said yesterday it will redeploy J 118 million of its initial public offer fonds as wotting capital for operations. The money was originally earmarked for fonding its distribution network in the US and Europe.48 words
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80 2002-09-26 10 SPINDEX Industries, a metal processor and fabricator, yesterday posted a 2 per cent dip in earnings for Its foil year aided Jane to $4.7 million, or earnings per share of 4.13 cents. Sales for the period 1 fell 10 per cent to $46.780 words
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64 2002-09-26 10 SINGATR0NIC8 Ltd, an electronics contract manufacturer, pared its interim k»«e8 to $1.7 minion, from loeeeeof$4.4 million for its halfyear ended June 2001. Half-time sales fell 11 per cent to $26.6 million. I/x» per share in 1H 02 came to 0.7 cents, down from 1J cents64 words
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SINGAPORE markets
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Article, Illustration290 2002-09-26 6 OTHER SINGAPORE INDICES Sep 25 VALUE CLOSE iTOaqt -775.00 -107.00 ■TCAW -*****.00 111.00 PI Hay MA -*****.00 -77.00 *MBn*lii 354.69 -8.36 WMn Ehct 100.71 +2.56 MBpWwfli 1175.17 44.58 Mfp<liihii 335.87 -2.00 —aWam—n 165.57 4.82 mmOHkmrn 166.90 -2.80 Chart S*nCondR_ 41.938.000 Umfood HK25c 40.152,000 C*)raya2.5c 23.036.000 Unto laland 10c 13.312,000 DMacraft290 words
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Article, Illustration300 2002-09-26 6 Ven Sreenivasan - HOT STOCK/ WARRANT By\ Ven Sreenivasan UNITED Food has finally issued a statement to soothe investors who had been rattled by the sudden and unexplained departure of its chief financial controller Lee Kara Wan. The stock, which had dived to a300 words
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Article, Illustration735 2002-09-26 6 van sreenivasan - I ii comment STOCKS van sreenivasan Despite a late short-covering inspired by a recovery in Wall Street futures, especially a spike in S&P 500 futures, the Singapore benchmark market index sank yesterday to a new 10-month low in the face of more US corporate735 words
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Article, Illustration604 2002-09-26 6 larry wee - j comment CURRENCIES But Asian exporters' currencies except yen weaken against greenback on spillover worries larry wee A WEAK US consumer number plus a split vote on US interest rates sent the benchmark Dow reeling to its lowest close in four years,Source: Reuters - 604 words
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Article2708 2002-09-26 6 UNIT TRUSTS FUNDS Com Global Health Index W 0.74V Com Global Telecom Index Fd 0.346 ComGloballnfotBC Index Fdt** 022* MM Mar* MM Mat (5'eere) Com Global Ener» Index Fd 0.78* Star Europe Eatv' 0544/ ComGlcbalTrawlndeKM- 0.6V Star Europe S P°" 1 J»* Star Europe Bal 0.792/ Star Asian Tiger Eqty2,708 words
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Advertisement522 2002-09-26 7 Page 7 VOLUNTARY CONDITIONAL CASH PARTIAL OFFER for I berger international limited (Incorporated in the Republic ot Singapore) by Investment Bank ANZ SINGAPORE LIMITED (Incorporated in the Republic of Singapore) for and on behalf of ASIAN PAINTS (INDIA) LIMITED (Incorporated under the laws ot India) I (-**[-7Jon AND *OF LIFTED522 words
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Advertisement144 2002-09-26 8 f yjUl Jt MSSjw jffi- ■'"W', g, ?SBsp y'• ti"., "?5 K ,> ,r vJ"* *«r"t} 'iF** v *■>•-' "%> -?£>.«' *jI V f4 V •l 1' t-i*' ••>*--« I -.«.'>■■»■>-»\g; 'J" y«,"^-tjfci£.:-,* H W--* ♦'jk-fc; '>.:•' 'V V- -**i >- f-*" v 'r* ;i T' tl| "*i'' J aK."144 words
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Advertisement88 2002-09-26 9 Kn it has to be there on time, more companies trust us. company with three red lines in its logo to more urgent shipments in this region than anyone else. Our delivery lines are the arteries independent study, DHL is rated the most that keep trade flowing between one business88 words
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Advertisement43 2002-09-26 10 rv I The National Theatre, located at Taiwan's Chiang Kai-shek Memorial Hall, is renowned as a focal point of ancient and modern Chinese opera and drama. A more enlightening experience is hard to imagine. (I A W i&ituAkl WWW. taiwanstories.com.sg Touch Your Heart43 words
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Advertisement100 2002-09-26 10 .jfl JjPl^ f Pull nominee, management -»HSafW IUHTMHt. frmtrftifl and professional administration WVtcw Mi Mritafcte. We also specialize in offshore trusts, captive U insurance companies for qualified applicants. m H| For further information and immediate service piease I I contact: Marie Um or John Ashwood H OFFSHORE CORPORATE SERVICES M100 words
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SINGAPORE news
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Article377 2002-09-26 11 THE Public Utilities Board (PUB) said it will start pumping 2 million gallons per day (mgd) of reclaimed water, or Newater, into its raw water reservoirs from February 2003. The volume of Newater flowing into the PUB's reservoirs from February amounts to less than 1377 words
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341 2002-09-26 11 on the economy manufacturing Reuters SINGAPORE'S manufacturing production is expected to have been rosy in August as strong biomedical sciences output countered slower growth in electronics, economists said yesterday. Five institutions surveyed by Reuters produced an average fprecast of 20.1 per cent year-on-year growth.Reuters - 341 words
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Article, Illustration261 2002-09-26 11 Arthur Poon - It will produce 20,000 tonnes of acidayear By Arthur Poon JAPAN-LISTED Stella Chemifa, the world's leading manufacturer of fluorine compounds, opened its new $50 million hydrofluoric acid plant on Jurong island yesterday. Speaking at the opening ceremony, EDB chairman Teo Ming261 words
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Article, Illustration397 2002-09-26 11 Kalpana Rashiwala - Landed home values fall 1.7%; JLL sees prices at abont same level for next 3-6 months By Kalpana Rashiwala AVERAGE capital values of private apartments and condos island-wide eased 0.9 per cent in the third quarter, smaller than aFILE PHOTO - 397 words
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181 2002-09-26 11 RAFFLES LaSalle has teamed up with the Chengdu Art Professional College to set up a new institution which will cater to demand for creative design education in the south-western region of China. The education group said yesterday that the college Raffles-Chengdu International Design181 words
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Advertisement77 2002-09-26 11 COMPETITIVE MARKETING: STRATEGYan^ "Acquire framework and tools for analysis November 11 2002 miHH Hong* Kong Other programs "Sales and Marketing Effective Sales Management Marc/? 2003 Hong Kong Strategic Marketing Planning March 24 28, 2003 Hong Kong University HV Vl of Michigan J Business School University of Michigan Business School Asia77 words
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Advertisement375 2002-09-26 11 Q: Ii it true that Private Banking is changing? fIWWR A: Yes. Client as Rv" v information becomes globally available. At some institutions, Private Banking still consists of a personal banker selling fnutual funds. The Private Bankers at I k Citigroup Private Bank act as global '<•'•1*? trusted advisors to375 words
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EDITORIAL & opinion
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Article, Illustration829 2002-09-26 12 frank ching - I bottom line OPINION frank ching The writer is a Hong Kong-based journalist and commentator CHINESE Premier Zhu Rongji is in Europe for the summit of the Asia-Eu-rope Meeting (Asem) in Copenhagen and the parallel European Union-Chi-na summit on what is likely to be829 words
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Article52 2002-09-26 12 'What is sauce for the goose is sauce for the gander. I have to say it puzzles America's allies that that danger doesn't seem to be fully grasped.' -AiaiMtrd of Oxford University, on the new Bush Doctrine in which America claims the right to attack any perceived52 words
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Article607 2002-09-26 12 EDITORIAL ITS been a spell since that line from Snow White has been quoted in financial markets, but the fact is that the US Federal Reserve Board was right not to jump the gun when they met on Tuesday. True, two of the 12607 words
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Article, Illustration1005 2002-09-26 12 Leon Hadar - 6-7 discussions this weekend ahead of the IMF/World Bank annual meetings are set to be a heated affair with allies chafing at US policies From] Leon Hadar The writer is BT's Washington correspondent in Washington THE growing fears of a possible war inAFP - 1,005 words
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729 2002-09-26 12 Robert J Samuelson - COMMENTARY Investors most realise that capital gains cannot be an entitlement By] Robert J Samuelson The Washington Post Writers Group ONE casualty of the slipping US stock market has been "investor politics". Conceived mainly by conservative commentators, the idea was that the expansionThe Washington Post Writers Group - 729 words
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Advertisement76 2002-09-26 12 IB Vestfrost Wine Cooler No. of bottleo: 60 -80 (0.754 1 Official Distributor Sf PREMIER Premier Appliances A IMhg Pte Ltd Tel: 6748 3550 Fax: 6458 3608 www.premierappliances.com.9g P* 1 Hom Electrvcil Eatenrues TH: <744 3299 i k 1 Hone Aapbaacc* Td: 4)44 7TM J* 4 Hmomo A CoapMm Pte76 words
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MAIL bag
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Article, Illustration241 2002-09-26 13 J Y Pillay - J Y Pillay Chairman, Council on Corporate Disclosure and Governance I AM indebted to Mr R Sivanithy's Hock Lock Siew column of Sept 19, "When the public good and minority rights clash" for this opportunity to address certain points on the subject of corporate governance241 words
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282 2002-09-26 13 Chen Zhen Lin Singapore - Chen Zhen Lin Singapore I REFER to your editorial "Disclosure culture must change" (BT, Sept 20) It is not only disclosure culture that must change. It is also essential that steps are taken to address the predicaments of retail investors in today's282 words
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Article, Illustration455 2002-09-26 13 David Tan - David Tan Director, Corporate Planning Strategic Relations Singapore Technologies PteLtd WE refer to the article "ST Group pays Stats ex-chair-man $I.Bm in bonus" (BT, Sept 25). The former chairman and chief executive officer of ST Assembly Test Services (Stats), Tan Bock Seng, had been regularly455 words
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Advertisement217 2002-09-26 13 A HiiilnMi consulting Human Capital Finn MvMkyNtttoi Chung Dorothy-Lana (Executive Search Corporate Marketing) Lana was a consultant with an international executive search firm and also has 15 years of corporate marketing experience Shareef Jaffar IH|H Director (Human Potential Development) Shareef has 2 decades of senior management and international training development217 words
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Advertisement178 2002-09-26 13 Without our traps, you won't smell a rat S The computer age is certainly putting the world at your fingertips. quick click ot the mouse aiul .1 stranger can elcctronicalK burrow his \\a\ into our home 01 ot I icc. u ithout m> much ,h .1 squeak I lie quest178 words
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EXECUTIVE suite
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Article635 2002-09-26 14 DEVELOPER/OWNER DISTRICT LOCATION SIZE TOTAL UNITS NO OF PRICE TENURE roWTIFffTI Ff i M (aq ft) LAUNCHED UNfTSSOLD psf) Blue Horizon FEO 5 West Coast Crescent 904-1,227 616 390 550 99-yT Karriadale ABgreenProp 8 Beatty/Sturdee Rd 990-2,787 340 157 480 99-yr Robartaon 100 MCL Land 9635 words
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Article776 2002-09-26 14 Andrea Tan - Andrea Tan looks at why the area is well sought-after Andrea Tan Um AM a Katong boy," declares I my father. Katong-nites are I a proud bunch. And it's not just because of the food. I But where exactly is Ka- tong? Many claim to live776 words
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Article, Illustration661 2002-09-26 14 Thien - ftAPnguc|j»ffi|pjr By Thien GARDENERS are an optimistic bunch always willing on, and trying to nurse a flagging, half-dying plant back to life. In much the same way, where others see "dead" spaces like rooftops, airwells, stairwells, narrow corridors and alleys they see challengesTHIEN - 661 words
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Advertisement140 2002-09-26 14 Exhibition «rn3HMIHKL«Avi. of paradise. It can be yours today! Imagine a land so idyllic, so perfect, H3nVVKVnV2NM^^H^H|^H|H|H^^^^QHuMM seems that time stands still. You HBl|l||jlllfl|fl|^^^^PVHHHll|^H^^EHHß imagine anymore. V From today, you can have a share of fynW^tl paradise,^and^ be able to profit 3»w the aesthetic beauty of Bali, it includes all140 words
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Advertisement27 2002-09-26 14 Singapore Exchange Class A Building in Raffles Place Flexible sizes from 1,281-30,000 sf 2fIHQSH| Secured 44 months sub-lease term $4.00 psf IMBBBI 6531 8669 Dffl 6531 866627 words
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REGIONAL news
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Article, Illustration564 2002-09-26 15 Audrey Tan - Govt top brass aims at measures to posh op prices to ando 'huge damage' From Audrey Tan in Hong Kong THE Hong Kong government is looking at ways to push up property prices, as it says the price deflation over the last five564 words
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147 2002-09-26 15 I KUALA LUMPUR COMMERCIAL crime officers from Bukit Aman have been questioning a "Datuk" attached to a company that allegedly disbursed ftinds In connection with the Technology Resources Industry's RM259 million (*****.4 million) fiake Invoices scandal, reports The Star newspaper. He is147 words
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268 2002-09-26 15 KUALA LUMPUR Reuters MALAYSIA'S fifth-largest lender Public Bank said yesterday it had begun integrating backroom operations with its listed finance arm, a move analysts read as an impending merger signal despite the firm's denial. Investors have anticipated a union since May, whenReuters - 268 words
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Article458 2002-09-26 15 KUALA LUMPUR Good economic performance cited for upgrade of debt and bank deposits Reuters MOODY'S Investors Service yesterday raised its ratings for Malaysian debt and bank deposits, citing the country's resistance to economic turbulence and reforms to its financial sector. The upgrade, which follows similar onesReuters - 458 words
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Article, Illustration401 2002-09-26 16 Roles on Chinese working in Taiwan, curbs on import of books also to be eased AP [TAIPEI) Taiwan's Cabinet approved a draft law yesterday that could help pave the way towards ending a fivedecade ban on direct shipping and air links withAP; REUTERS - 401 words
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247 2002-09-26 16 BANDAR SERI BEGAWAN Creditors feared he and wife would leave Brunei without paying their debts AP A BRUNEI court jailed the owner of a failed newspaper and his wife for one night over creditors' fears that the couple would leave the countryAP - 247 words
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318 2002-09-26 16 Harish Mehta - From Harish Mehta in Bangkok THE recent discovery of oil by Thailand's PTT Exploration and Production in offshore Vietnam will help boost its oil portfolio, and augurs well for its share price, analysts said. The Thai oil exploration company's investments there318 words
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NOTE Book
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86 2002-09-26 16 Bloomberg [KUALA LUMPUR] Malaysia Interactional Shinping. Corp (MISC) said it plans to buys stake in a fbnngn rival as South-east Asia's biggest shipping line steps 'L up efforts to boost revenue by tapping new markets. We 're looking everywhere as the price of ships hasBloomberg - 86 words
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80 2002-09-26 16 Bloomberg [BOMBAY] Tfte Indian government is likely to set up a panel of ministers to decide on whether to increase the limit cm foreign ownership in phone companies to attract more investments, Minister of Communications, Pramod Mahajan, said. "The group will look intoBloomberg - 80 words
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112 2002-09-26 16 Reuters [BOMBAY] Early Otters in Indian markets over a Hindu temple shootout yesterday had eased by the close with the Bombay Sensitive Index nnnhangwrt although analysts warned underlying sentiment remained edgy. The blue-chip 30-issue Bombay share index fell 1.60 per cent in early tradeReuters - 112 words
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Article64 2002-09-26 16 Bloomberg uiuunesiaj Indonesia ana tmna may sign an initial agreement to build a US$l.77 billion natural gas pipeline between East Kalimantan East Java, said Indonesia's state gas distributor PT Perusahaan Gas Negara. China may invest as much as US$9OO million in the 1,100 km pipeline, accordingBloomberg - 64 words
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Article84 2002-09-26 16 Bloomberg ILUNDUNJ mends ivory Sime pic, the UK ftind manager which is changing its name to Isis Asset Management, said it is closing its Hong Kong office and dissolving a venture with Guoco Group, so it can focus on its UK business. Friends Ivory willBloomberg - 84 words
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78 2002-09-26 16 AFP [BEIJING] China's export growth is expected to hit 15 per cent for the year, based on a record US$3O billion monthly export high predicted for September, state press said yesterday. According to a report from the General Administration of Customs, a surgeAFP - 78 words
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53 2002-09-26 16 Bloomberg [NEW DELHI] Overseas investments into India in the seven months to July rose 69 per cent to US$2.6B billion, from $1.59 billion in the year-earlier period, the government said. In the four months to July, India received US$l.47 billion of overseas investment, theBloomberg - 53 words
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Article, Illustration383 2002-09-26 18 SHANGHAI Finns barred from carrying personal letters and most govt documents Reuters CHINA said yesterday it has barred foreign express delivery companies from carrying personal letters and most government, Communist Party or military documents in a brewing industry dispute. Firms such as Federal Express,Reuters; FILE PHOTO - 383 words
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248 2002-09-26 18 HONGKONG Reuters CONGLOMERATE Hutchison Whampoa is raising 2.25 billion euros (553.9 billion) in loans and bonds to refinance part of its US$2O billion debt, investment banking sources said yesterday. The sources said the ports-to-telecoms giant could close a 750 million euro five-year loan dealReuters - 248 words
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Advertisement249 2002-09-26 15 KATANA M-1 DRIVER IT The Relentless I Pursuit of Advanced If Performance I Katana M-1 is forged with the traditions of Katana Golf while fueled to perfection by the all-new proprietary Fujikura Katana M-1 TRIAX shaft for even better performance! The club head is made of SP 700 Beta Titanium249 words
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Advertisement1877 2002-09-26 16 BANCA DI ROMA (INCORPORATED IN ITALY WITH LIMITED LIABILITY) CONSOLIDATED BALANCE MUT 111, nf llirn.l rttioiMiiwmoi niaw^mw j 10 Cash and balances with central banks and post offices 648,990 6'2 912 20 Treasury securities and other securities eligtole tor refinancing with central banks 4,145.650 S 727 441 30 Loans to1,877 words
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Advertisement150 2002-09-26 17 Accolades, ambition, outstanding achievements. t We seem to have a lot in common with our guests. I M vv Bffr-, > smlaJßr > y -f- > y w■Wiu IHMMMtt ~-4-*s|-The RitZ'Carlton, Millenia Singapore. Voted "Best Hotel in Asia" and Second Best Hotel in the World' by Institutional Investor. Thanks to150 words
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Article, Illustration1031 2002-09-26 18 Transaction date: Sep 25 MTERBAIH CROSS RATES »M ««N>h h, sj W M Awtrrt* 0.865 4.526 0.555 4.254 26.404 49.100 0.667 6.664 2.073 1157 32.260 ***** 0.972 5J49 0112 ***** ***** 0 349 0 545 JT!" 0M1 4W 305,2 54 7W a771 7 724 2m 1337 J7 2#0 "0M1,031 words
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Article1304 2002-09-26 18 SICOMPOTPBBS Sep2i m&mmto+$0krn KSiacwtiAt) ctoM MM OM X> frtt 9mm) trtwrt »175 £?S B175 Dec 02 53.75 Ja*tar03 ®US tSSlflBcaM# VqImm 0m* W Ul Ml (tin} MfiK <£« 85.50 750 2?S £5 #5JW 400 MO WO WO <8 2BO Jm/Hmm 86.50 85.75 86.00 4050 ***** TStMflSoaM* VaiMM Om se1,304 words
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Article4196 2002-09-26 19 i Transacticm date: Sep 25 for mare, go to wwwjOLsiaonerMvarket&jcom HONGKONG J.angsu Express H 2.01 unch 1092 u JJS Jiengsu Nandasoft Co H 048 -0 02 24 "P W- HW Jiangxi Copper H 069 inch 1469 iSSSS&srzzzSS S3 J§ "i sbcs£!=S ?s 'g iSSSTzriS SS S-°- s a4,196 words
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Page 19 Advertisements
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Advertisement87 2002-09-26 19 rageia tza w I fISmBHBKkfIU flKnnsßßfl VI MBllilßliil HH Over 1,000 entries on the leaders of Singapore government, professions, industries and society Each entry complete with photograph, professional detail and personal insights Entries grouped under categories and indexed Editorial interviews with leaders of various professions Available at MPH, Times, Kinokuniya,87 words
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WORLD news
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Article, Illustration445 2002-09-26 19 TOKYO Trade surplus np for 6th straight month in August Reuters INTERNATIONAL credit rating agency Standard Poor's yesterday said it may downgrade Japan's sovereign rating unless the government takes action to end deflation and resolve banks' bad loans. The warning came onReuters - 445 words
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218 2002-09-26 19 LONDON Bloomberg, Reuters THE yen gained against the doUar and the euro after a newspaper reported but later denied that Japan's financial services minister, who blocked the government's plan to bail out banks, may quit. Hakuo Yanagisawa said he intends to resign, theBloomberg,; Reuters - 218 words
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253 2002-09-26 19 TOKYO Reuters SHARES of AnGes MG Inc, Japan's first human genome-based drug venture, made a strong debut on a turbulent venture capital market yesterday as investors showed a strong appetite for risk in the country's untested biotech waters. AnGes, the third biggest domesticReuters - 253 words
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Article, Illustration598 2002-09-26 20 WORLD ECONOMIC OUTLOOK Concerns about recovery's pace, snstainability np significantly, it says Reuters [WASHINGTON] The global economy has not recovered as well as expected, will likely perform below par next year and the situation is likely to get worse rather than better, theReuters; REUTERS FILE PHOTO - 598 words
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338 2002-09-26 20 WASHINGTON AFP EMERGING Asian markets are powering towards rapid economic growth this year and next, the International Monetary Fund (IMF) said yesterday, but they are vulnerable to the threat of a US slowdown and turmoil in the Middle East. "In emerging markets inAFP - 338 words
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285 2002-09-26 20 LONDON Reuters. Bloomberg OIL prices eased from 19month highs yesterday, after Iraq said it would allow United Nations weapons inspectors unfettered access to all facilities. But dealers said prices were underpinned by shrinking US crude supplies. Iraqi presidential adviser Lieutenant General AmirReuters.; Bloomberg - 285 words
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Article254 2002-09-26 20 LONDON Bloomberg DRESDNER Kleinwort Wasserstein chief executive officer Leonhard Fischer resigned following a slump in the investment bank's market share and earnings. Mr Fischer, 39, is leaving Oct 31 because of "differences of opinion" about how to run the business, Dresdner said in a statement withoutBloomberg - 254 words
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WORLD Watch
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67 2002-09-26 20 Reuters [PARIS] Media conglomerate Vivendi Universal yesterday announced a shake-up of its board and plans to sell assets worth at least 12 billion euros (Ss2l billion) over the next 18 months as it struggles to cut debt. After a board meeting Vivendi saidReuters - 67 words
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Article83 2002-09-26 20 Reuters [FAIRFIELD, Connecticut] General Electric Co yesterday said its third quarter earnings and revenue are "on track". GE had said in July it expected third quarter revenue to increase 8 per cent to 10 per cent and earnings to rise 20 per centReuters - 83 words
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65 2002-09-26 20 Reuters [NASHVILLE, Tennessee] US Treasury Secretary Paul O'Neill on Tuesday said he was not worried about the country's large current account deficit which has troubled economists for some time, because the gap reflected a relatively strong economy. "No and no, because I'd rather haveReuters - 65 words
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53 2002-09-26 20 Bloomberg [WASHINGTON] One Chicago, the electronic marketplace owned by three Chicago futures and options markets, will begin trading futures linked to individual stocks on Oct 25. It plans to offer futures contracts linked to the shares of 85 companies and 15 indexes tied toBloomberg - 53 words
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303 2002-09-26 21 WASHINGTON Heightened geopolitical risks have delayed business spending, it says LAT-WP. Reuters PROSPECTS of an Iraq war have already affected the struggling national economy, the Federal Reserve warned on Tuesday, although the Fed's Open Market Committee refused to cut interest rates anyLAT-WP.; Reuters - 303 words
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Article, Illustration236 2002-09-26 21 WASHINGTON AP A FORMER Global Crossing executive told congressional investigators on Tuesday that top executives of the fibre-optic company misled analysts about the company's financial condition. Roy Olofson, Global Crossing's former vice-pres-ident for finance, told an investigative subcommittee of the House Energy and Commerce CommitteeAP - 236 words
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274 2002-09-26 21 BRUSSELS IHT WITH deficits swelling and economies throughout Europe slowing down, the European Commission (EC) on Tuesday abandoned a previously set deadline for balanced Budgets and proposed to allow governments to run a deficit for two additional years. The EC also saidIHT - 274 words
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Article2277 2002-09-26 20 Transaction date: Sep 25 KUALA LUMPUR 3* -002 si Vo FS8M 1.84 irt&i 0 KM W- ram FW Industries 0.19 -0 02 3 Gadang 4.91 0.01 5 A8M Realty .0.85 -004 27 Gamuda 5.70 -0.05 293€ Aboc .0.96 0.03 70 GanadCorp .0.76 -0.01 8 ACP Industries .3.02 -0.02 2112,277 words
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Article812 2002-09-26 20 Transaction date: Sep 25 i O— Q— t ■> Omt O—» cac om moo oooo nksmsoc o«2 i.tm ooio C4p*UUnd 1.21 1 140 OCX 93* 9450 0.250 Own 5an«Cond Xc 04S 0*5 ♦0 005 OUt 0 51 5.550 -0150 Oty Dcv 50t 2.22 4.740 -0 0*0 Pnhoy H 25c812 words
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Article631 2002-09-26 20 BONDS WARRANTS last VaiCaav f»* c —*mt Ml *m- rm—i MM Hflidn Uft AST1WM0621 17.5 1 16 123 OK 21 AcmaltdlMMlllt is 1 SO 836 3*7 26 Amtefc W*****0 515 1 212 I 33 -1 V60 33 Armstrong MXM0520 1 1 10 144 4.50 20 8ar6SSA*****1 10k 104 Bar 6631 words
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Page 21 Advertisements
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Advertisement150 2002-09-26 21 Where to wine, dine and entertain... 7 wwwulinersxonLsg Sichuan Man XJn, Noodles and Desserts Dtlghi Special promotional prices erf S3 to $6 Not to be missed are Steamed Minced Meat Bun In Superior Stock. Pan-fried Pancake with Long Bean Paste. Crispy Potato Fritters, Bean Jelly with Peppery Sauce and more.150 words
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Advertisement41 2002-09-26 21 S«*en types of variety to choose from. each set comes with nee. fresh fruits, mam dish Mushroom Set Chicken Set Beef Skce Set Garoupa Fish Set Prawn Set Scalop Set Tigei Prawn Set Salmon Set CALL: «£> 6253-0777 7>F ®lOf (Anqeline) -JjrGk41 words
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Advertisement1603 2002-09-26 21 rago c i I Bangkok Bank Public Company Urtwl I I (INCORPORATED IN THAILAND) I I Balance Sheet Statement of Income I As at December 31, 2001 For the year ended December 31,2001 I I AaMt> 2MI Ml I I C«fc it hi tw m Interest and dividend income BAHT1,603 words
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Advertisement35 2002-09-26 21 back by POPULAR DEMAND! Weekday Lunch Sl3 88+ Dinner 515.88+ Weekend Lunch 515.88+ Dinner Sl6 88 Jai Thai Restaurant *02 251 Marina Square opp Rn-a Ma'ina Food Centre For Reservation Function Enquiry Tel: 6339 865235 words
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Advertisement48 2002-09-26 21 BUFFET DINING AT ITS BEST Fresh oysters, delectable lobsters, savoury honey-glazed ham, US Prime Rib of Beef and many more mouth-watering r-^-, dishes to leave you spoih for choice. s Reservations: 6831 6271/72 X Mandarin Singapore Hfl 333 Orchard Road. Singapore *****7. Tel: 6737 4411 Fax? 6732 236148 words
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Page 21 Miscellaneous
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Miscellaneous173 2002-09-26 21 CKVPI'IC CROSSWORD 29 One who stirs up pubfc terest no end excitedly ra T^ ac^ e YESTERDAY'S SOLUTION referring to notes (7) Inbound to be a shopping Across: 6 Pleasantry, 8 Skin. 9 DOWN Character, 11 Aunt 12 Dog, 13 o, TUC or some S STEpM Northern Ireland politicians artntfion173 words
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TechVenture Asia 2002
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Article, Illustration1036 2002-09-26 22 Despite the drying up of funding, Tech Venture Asia 2002 promises a diverse programme for VCs and tech companies in search of financing, as Paul Chan finds out. TECHVENTURE Asia 2002, billed as the premier Asia-Pacific event for the venture capital industry,1,036 words
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639 2002-09-26 22 BOB HAYWARD - By BOB HAYWARD The writer is senior vice-president (Asia -Pacific and Japan). Gartner Inc. THERE is an enormous number of interesting information, computing and communications technologies making the slow move from R&D labs to products. These include grid computing, quantum computing, nanotechnology, ultra-wide639 words
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Article, Illustration812 2002-09-26 23 Laura A Frederick - Laura a Frederick looks at the challenge of cross-border licensing Laura A Frederick The writer is a senior technology transactions attorney with Morrison Foerster LLP. EVERYDAY in Singapore, businesses license IP (intellectual property) rights in software and other copyrighted works from companies in the US, JapanAP - 812 words
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Article, Illustration898 2002-09-26 24 Investments made this year will yield better returns as valuations have fallen and VCs focus on controlling the burn to build sustainable businesses AS the second wealthiest region behind the US, Asia has the potential to develop into a thriving private equity marketplace. CapitalisingREUTERS - 898 words
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385 2002-09-26 24 AP [TOKYO] In a decision that could have broad ramifications, a Tokyo court has ruled that a company that employed the inventor of the lucrative blue LED (light-emitting diode) is the rightful owner of its patent. Shuji Nakamura, now a professor atAP - 385 words
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Page 22 Advertisements
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Advertisement19 2002-09-26 22 TGCHVGNTURG ASIA 2002 HHBmirJm wishes to thank all our sponsors and supporters in making TECHVENTURE ASIA 2002 a success19 words
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Page 23 Advertisements
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Advertisement131 2002-09-26 23 Tokyo court rules company owns blue LED patent, Pg 16 DEVELOPING THE NEXT GENERATION OF LEADERS IN ENTREPRENEURS!** VENTURE CAPITAL t -f, v AND PRIVATE EQUITY INVESTMENT It r?-v. A Singapore Venture Capital iJr V WSjtM Private Equity Association f SINGAPORE MANAGEMENT UNIVERSITY Venture Capital Private Equity Investment Management Closing131 words
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Advertisement466 2002-09-26 23 YOUR WORLD IS OUR WORLD At Baker Mckenzie, our commitment to putting the client first means forming a deaicated. multidisciplinary team whose only interests are your interests. It means addressing your needs quickly and cost effectively It means working across Poraers across practice areas, or wherever your business needs us466 words
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Advertisement124 2002-09-26 24 jf v ——i.^ /iy X "X 1 Asia's Silicon Valley Law Firm Morrison Foerster is one of the largest international law firms, with over 1,000 lawyers in 18 offices in key business centers around the world. We have over 60 attorneys resident in our Asian offices combining corporate finance expertise124 words
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Page 25 Advertisements
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Advertisement2011 2002-09-26 25 IMPORTANT NOTICE To: ALL HOLDERS OF WARRANTS 2002 OF FLEXTECH HOLDINGS LIMITED This la an Important notice which requires your Immediate attention. Holders of Warranta 2002 ("Warranthoiders") who are In doubt aa to tho action they should taka should consult thair stockbrokers. bank managers, accountants, aollcltora or othar profasslonal advlaara2,011 words
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Advertisement2332 2002-09-26 25 11 II intllli Intesaßci Spa I I Registered Office: Piazza Paolo Ferrari, 10-***** Milano, Italy I I CONSOLIDATED BALANCE SHEET CONSOLIDATED STATEMENT OF INCOME II AS OF DECEMBER 31,2001 AS OF DECEMBER 31,2001 II SSm (Thousandsof Euro) ASSETS 31 12.2000 31.*****1 31.12.2000 I I Cash and deposits with central banks2,332 words
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Advertisement132 2002-09-26 25 Broker* Inveafcnent Pte Lid >n \tofcrtay liquidalion) NOTICE IS HEREBY GIVEN PURSUANT TO SECTION 308 OF THE COMPANIES ACT CAP. SO THAT A HNAL GENERAL MEETMG OFTHE COMPANY WU. BE HELD ON THE 25TH DAY OF OCTOBER 2002 AT 10.00 AM. AT 5 J ALAN BESAR 106-018MGAP0RE *****6 FOR THE132 words
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Page 26 Advertisements
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Advertisement1242 2002-09-26 26 4 o ••j a w a > i y f > r Elvis died 25 years but looks \iv L v set to capture a new generation of fans. SAMUEL LEE reports. <Building !.vj I? Througif"Seccessfui Partnership Singapore HPIHHIIHBHH. Brought to you by the Infocomm Development Authority of Singapore (IDA)1,242 words
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BIZIT
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328 2002-09-26 26 It had previously expected to cut 15,000 jobs after its purchase of Compaq Bloomberg (PALO ALTO, California] Hewlett-Packard Co, the world's biggest PC maker, will eliminate 1,800 more jobs by October 2003 to cut costs amid slack demand. HP had previously expectedBloomberg - 328 words
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184 2002-09-26 26 AFP [TOKYO] Japanese hightech giants NEC Corp, Hitachi Ltd and Mitsubishi Electric Corp are in the final stage of talks to integrate their DRAM (dynamic random access memory) operations as early as April 2003. Mitsubishi Electric's DRAM business is likely to beAFP - 184 words
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140 2002-09-26 26 Bloomberg (PALO ALTO, California] Agilent Technologies Inc plans to eliminate more jobs in addition to the 8,000 job cuts announced last year to further reduce costs. The job cuts will help the testing and measurement equipment maker to trim US$5O million in costs perBloomberg - 140 words
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IT TAKES
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Article71 2002-09-26 26 Bloomberg [NEW YORK] Register.com Inc, the ISP that registers domain names, said it will have a net loss thta quarter as sales miss projections. Its Q3 sales will be US$23 million to US$25 million, Register.com in a statement disseminated by Business Wirt. The New York-basedBloomberg - 71 words
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96 2002-09-26 26 Reuters [NEW YORK] An independent review commission by the outside directors of Computer Associates Inc has shown the company's past accounting, the focus of two federal investigations, did not violate accounting rules. CA's CEO Sanjay Kumar said the review by PwC of the accountingReuters - 96 words
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419 2002-09-26 27 Reuters [NEW YORK] Dell Computer Corp has made its first foray into the printer market by signing a deal with Lexmark International Inc for the two companies to develop and produce Dell-branded printers. Terms of the agreement and product descriptionsReuters - 419 words
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Article, Illustration728 2002-09-26 28 kenneth james - liicomment INFOTECH In the ERC working group's vision of a vibrant living digital hub', the numbers toll tbo real tale kenneth james The writer is BT's Technology Editor. IN 10 years assuming that a host of recommended changes have their desired effect domestic728 words
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Article, Illustration461 2002-09-26 28 Tang Weng Fai - By Tang Weng Fai US-BASED Brio Software Inc, which provides busi-ness-intelligence (BI) solutions, is aiming to triple its revenues in the Asia-Pacific region by next year by partnering with global giants like IBM Corp. For its FYO2 ended March 31, Brio grossed US$lll millionARTHUR LEE - 461 words
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Page 27 Advertisements
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Advertisement100 2002-09-26 27 ♦Time is precious when you don't have enough of it Vladimir Kramnik. Chess Champion IB BlancpaiN MANUFACTURE DE HAUTE HORLOGERIE d> f a,p/}roU,£HHO j KOTA/1 BTo nt^O.' The woridj aiinneM «nd only COrtin3W3tCh V\vK t ml KM self-winding Tourbillon with one week power reserve Riffles City #01-36 W: *****183 Water-resistant100 words
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Article6273 2002-09-26 27 Transaction date: Sep 25 for live prices, log on to urum'Msiaonernarkets^om U-M 1st Vol Ctay UnOwu GrtMo Mv GrYW MM MCao mW| Wjk U» ComriK, istr W- f888> W» I— Bur M» CV PJ1 >3 htn ABNAmroNLG 56c 9 12 31 1416 2as 9 c ACE Dynamtcs20c 106,273 words
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Article49 2002-09-26 27 a jr*. a*a.**t Bra's! ***** 7770 s Dumontfc US8960 S800 3230 s IS Di US Tech US12SO 5JS 440 s rSMSOSpof* US555 ********** s iSSftPSOC US***** iino «33o s von ussioo 3 1 IMS 1390 c STlETf100 1399 41 11 1430 1398 1398 1399 I I I49 words
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Article1483 2002-09-26 27 a a ■Tu.a.'-s.'-; a* 1 a-a-a II m M *5 17<ASAuto10c *1.5 85 19 17 IS 19 K 249 X S1.5 US C AST) 10c 15 «0.5 395 IS 135 13.5 IS 317 16 175 IS AsunwdKSc 7.S unch 723 7.5 7 7 7.5 j, t a 231,483 words
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Article380 2002-09-26 27 ■■V.-"* U»t V* 0»f IJrtOwU GrOtv Mv GrVW MM MCm High Law Company LS«I« W- W U» 8«yr Cw HI |3 IIS 70 AVienntngs A2Sc A 86 5 -13 20 875 85 85 865 40 3.4 113 5 1862 Cathay Pa< 20c HK 720 265 2 1 7380 words
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Page 28 Advertisements
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Advertisement279 2002-09-26 28 .SB;3ediiliV.fi ;< ~K -l jfiftßfflHMPl Crii!^3ati(!! Mfl> E a- RSyffl!!}! l,,M,^p| r v J3"«i i^yi" *1 -JSrai sEiSK;: ik..., $aP" Hl^k s 2^ ,y ',*'ik* •^EEs®- r If 'Esplanade Theatres on the Bay' is going to be the heart of Singapore's performing artSi lnternet Protocol (IP) Telephony is set to279 words
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SHIPPING TIMES
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Article256 2002-09-26 29 Reuters THE Baltic Dry Index (BDI) rose 17 points to 1,255, the Baltic Panamax Index (BPI) gained 13 points to 1,226, the Baltic Handymax Index (BHI) firmed 77 points to 8,528 and the Baltic Capesize Index (BCI) was up 31 points to 1,591. TIME-CHARTER: CoUier (built 1985) 179,836Reuters - 256 words
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Article242 2002-09-26 29 hk wpgrngmm S*2! CWT Distribution 0.74 unch 0 ChuanHup 0.44 -0.01 1515 Cosco mvastmant —0.16 -0.01 259 FrvtqM Links 0j04 -0.01 41 08 Holdings OjAO -0.01 13 JayaHoMngs 0.23 unch 2109 KappoJCarp 4.12 -0.22 2018 Koppal Marino 0.15 unch 1293 KappolT*# 0.85 -0.05 154 Lafcro* Marina 0.24 -0.01242 words
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Article, Illustration555 2002-09-26 29 Donald Urquhart - Terminal operators trying to sabotage contract talks: dock workers nnion By] Donald Urquhart [SINGAPORE] Congestion is mounting at key US West Coast ports as contract negotiations between longshoremen and terminal operators for a new contract covering 10,500 dockworkers continues to plod along. TheAP - 555 words
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389 2002-09-26 29 US envoy wants approval for US finn to bnild facility atChittagongport AFP [CHITTAGONG, Bangladesh] The US ambassador to Bangladesh has said fresh investment from her country could be threatened if a US company was not allowed to build a planned privateAFP - 389 words
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379 2002-09-26 29 Evelyn Duffy - Govt wants more suitably qualified people to serve as directors From, Evelyn Duffy in Perth SEGMENTS of Australia's port sector are poised for a big shake-up as the government demands more suitably qualified people to serve as directors on port boards. The proposal379 words
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359 2002-09-26 29 Donald Urquhart - Barge carrying 1,500 tonnes of palm oil from Sumatra to Dnmai, East Malaysia By] Donald Urquhart [SINGAPORE] A second tug and cargo barge laden with palm oil has been hijacked in the Malacca Straits, barely a week after the Malaysian marine police recovered359 words
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SHANGHAI port
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Article, Illustration607 2002-09-26 30 Shanghai, currently the no 5 port in the world, is expected to climb to the no 3 spot in the next few years AP [SHANGHAI] THE partnership between Shanghai and Denmark's APM Terminals signals the enormous interest from multinational companies in capitalising on Shanghai'sAP; FILE PHOTO - 607 words
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Article105 2002-09-26 30 PAQg Foong Sun BSA 6 Fujitrans Btang Mas 6 Gemartrans CMACCM 3 Hangh COSCO 3 Hyundai Columbus 5 Heung-A Central Ei 4 WSL ChmaShpg 5 KapatKrn U Cougar 5 Kien Hung CWT GMtelnk 6 Kyowa Detmas 4 KMTC Oongnama 3 8 Liner ECL 3 Lily Marine Evergreen105 words
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Article11176 2002-09-26 34 THEBUSINESSTIMES EXPORT F\ A*"«oor v Voyag* Telephone ETA ETA Adv*rtls*r Vesse< Voyage Telephone Mam Number Number SIN Dest'n Nam* Name Number Number To APIA (APW) 2022 S«moa To ABIDJAN (ABJ) 2003 Cot* D'I voir* 03/KI H/H Columbus P40 NEDLLOYD LVTTE 37S ********** 03/10 24/10 Mims DELMAS CHARCOT 238W11,176 words
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SHIPS IN PORT
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Article608 2002-09-26 37 Voy No Berth Arrival Departure JURONG PORT PHUXUAN 94NR J16/17 A/SIDE 26/09 063C SIN HH1888 81 J7/8 A/SIDE 26/09 1200 SONG SAIGON 03-FEB J25 A/SIDE 26/09 0500 THOR SKIPPER 07-FEB J11 A/SIDE 26/09 1800 ZIM AMERICA 44E J18/19 A/SIDE 26/09 0300 BAYSWATER118 E2232 J3 26/09 1700 27/09 0030608 words
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Article1512 2002-09-26 37 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vessel Out in Mb Berthing Un icth Name Voy Voy seq berthing Nmbr ACHIEVER J42 342 1_ ********** 1200 *****002 2300 ACX ULV 064N 064N 1 *****002 2300 **********00 ACX MARGUERI 009N 009N 1 *****002 1500 **********00 ALAMJAYA2 8814 8814 1_ 2809/2002 23591,512 words
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Article142 2002-09-26 37 Oct 1 China: National Day. Hong Kong: National Day. Oct 2 China: 2 Day of Nat Day. Oct 3 Germany: Day of German Unity. South Korea: Nat Foundatioi Day. Oct 5 Brunei: Isra Mi'rty. Indonesia: Isra Mi'raj. Oct 10 Taiwan: National Day. Oct 14 Canada: Thanksgiving Day. Hong142 words
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Article778 2002-09-26 37 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market Prices shown are based on averagesized stem Market movements are lndi rated The Cockett Bunker Price Index change and778 words
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Article453 2002-09-26 37 %H/W MO Mai 989.9 0.9 16.4 0.H 59 0.04 12 D—*rt< Watar twM- ArtAI—M— 5i—ut No abow £25 0 0 3 1 0 0 ZS* MO 986.4 02 117 0.06 26 0.02 Cum 380 Ma 990.5 U KJ 0.08 82 0.06 %irt %n/u m, mmt »o453 words
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AIR & LAND transport
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Article, Illustration559 2002-09-26 38 Congress urged to cut taxes and bear cost of increased aviation security Reuters [WASHINGTON] The chief executive at the world's biggest airline warned Congress on Tuesday the industry could come close to collapse if it did not receive government help toReuters; AFP - 559 words
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414 2002-09-26 38 Attack would hurt airlines, postpone pickup in aircraft orders till after 2004 Bloomberg [TOULOUSE, France] Airbus SAS and Boeing Co said on Tuesday a war against Iraq might delay a recovery in aircraft orders until after 2004 because of the effectBloomberg - 414 words
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Article, Illustration306 2002-09-26 38 2nd strike planned for Oct 1; dispute over pay, benefits AFP Bloomberg [LONDON] Public transport workers in London, Paris and major Italian cities went on strike yesterday in separate campaigns for higher pay and better conditions. The British capital was worst-hit. All dozenAFP; Bloomberg; AP - 306 words
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374 2002-09-26 38 It proposes a new insurance regime to roll back govt aid AFP [BRUSSELS] The European Commission (EC) said on Tuesday state guarantees to cover airlines for terror and war risk, implemented after the Sept 11 attacks of last year, shouldAFP - 374 words
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135 2002-09-26 38 Reuters [WELLINGTON] An Air New Zealand jumbo flying from London to Los Angeles with 358 passengers returned to Heathrow airport after one of its four engines failed, the airline said yesterday. The Boeing 747-400 was the same plane which lost aReuters - 135 words
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LOG Book
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86 2002-09-26 38 AFP [BRUSSELS] The European Commission riaflred the takeover of Rome airport authority Aeroporti di Roma by Macquarie Airports Luxembourg. The unit of Australia's Macquarie Bank is joining the existing Italian-based shareholders Compagnia Italpetroli, Falck, Gemina and Impregilo, the commission noted on Monday. ItAFP - 86 words
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106 2002-09-26 38 fISLAMABAD, Pakistan] The Pakistani government has agreed to contribute US$l5O million over three years as equity to help the state-run airlines finance the purchase of 10 new planes, officials said. Finance Minister Shaukat Aziz said the money would help Pakistan International Airlines (PIA) embark on106 words
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103 2002-09-26 38 Xinhua [DHAKA] Bhutan's national airline Druk Air will operate Dhaka-Paro flights twice a week from next month, newly appointed Bhutanese Ambassador to Bangladesh Dasho Dophu Tshering said on Tuesday when he called on Prime Minister Khaleda Zia. Druk Air now operates one flightXinhua - 103 words
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Article1875 2002-09-26 38 ¥0* w* tu mow nt $025 ous urjos 2 no *MM* 1*7311 840 1*7302 2215 0*973 MM 0f5 2250 on wo ore ae umn vms ixm 230s hntfrtm $035 06SS 6*974 QUO "9 Iff* "J 457 2305 IU37 1510 U3I 2225 l*77t 855 S020M 2305 23451,875 words
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Page 29 Advertisements
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Advertisement86 2002-09-26 29 US airlines fear they will collapse without govt help BACK PAGE EC wants state airline cover to end by Oct 31 BACK PACE •>i v' m f |8j *-■1 iioy /zii'.'M?, :i.s fin.;;. i; ItijJ 'Jut ,/it 1 r>ri^u r .;ii juur yji mA yji'U jyj •.•jjjt'h ij u\ t'.jLi86 words
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Advertisement487 2002-09-26 30 I NORTH AMERICA QULF/INDIA SUB-CONTINENT |SUPHI SHUTTLE EXPRESS <S«Q |OULF KARACHI EXPRESS (OKX) vtssa vor I« T™ m vor 1 ju mm w ooawfTw* S3WM iT/w ff/m iT7To wuotbnoow mi io/m 19/09 21/09 29/ m ftO NBMiOTD MJUUM Ml 25/99 27/ M 29/09 M/ 10 00(11 >WM W HAIUM BAMI487 words
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Advertisement634 2002-09-26 30 4 services represented by Members of rfwßegislry of Members of the Accredited Shipping Agents, Jmajj in 9°P >n Logislics Stngopore Shipping Associahon Association B ULY UNE MALE /viSSa VOY ETA EU Ett P. KIAHG SfOtl jjtf Princee lily 0802 08/10 09/10 17/10 Empress Lity 0702 26/10 27/10 04/11 Princess Lily634 words
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Page 31 Advertisements
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Advertisement619 2002-09-26 31 To Our Valued Clients NOTICE OF REMOVAL We are pleased to advise that we shall be operating from our new Office Premises w.e.f. 30th September 2002. Our New Office is at: 30 Boon Lay Way Singapore *****7 (Opposite the International Business Park) Our main telephone/facsimile lines however remain unchanged. We619 words
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Advertisement1151 2002-09-26 31 HMliflkyißil DIRECT CALL TO COSTAR SNIPPING PTE LTD ™*ZTm nL w tmM I amtIIWINNM WLMM ItOOOMM) "*j»t»/°l M7OS7U t73oSlt«/4t I IANMB AttAS •12 DAYS JOMTSOHKi: CMmMTWUi M7OSMWIM 47ttfm/71 I (OSMI AGBKKS SM DC TH. I 7 JSJIIU MJL 07-ISWI7O 7tS*l/IJO 12M5171/71 W» w w ON u in no ih n1,151 words
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Advertisement1087 2002-09-26 33 prastl VOY KHH HKO SIN PKL DXB IAO DMM I~jg M.V. UNDAVIA PCL-27S 24/09 25/09 28/09 29/09 06/10 07/10 11/10 ""ij/iT WAN KfRMAN PQ 279 01/10 02/10 05/10 06/10 13/10 14/10 19/10 21/10 WAN ISFAHAN PCL 200 01/10 09/10 13/10 14/10 21/10 22/10 27/10 29/10 t122f1?2 ZOAN PCI MI 15/101,087 words
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Advertisement107 2002-09-26 34 I KYQWA LINE V«l y»y !>■ PwMm|Saipaa|«waia Y«p K*r*r Trak M^«i|KMiM|lNw« -Nsiton C2OIE" 28/09 15/10 24/10 25/10 27/10 29/10 ~307T0 Noiron C2OIE" 28/09 24/10 OMIT 03/11 05/11 Dasa C2O2E WTO 24/10 OMIT 03/11 05/11 P*"" 0 TBA 05/10 15/10 24/10 25/10 27/10 29/10 10/ To Deira TBA 05/10 17/10 23/10107 words
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Advertisement268 2002-09-26 34 CWT GLOBELINK PTE LTD W OW OfFlCti IN: TEL:€ *****33 (36 LINES) FAX:*****742 M miv n*i T KILAM<i ASM &UDANG KUCHING BANGKOK KARACHI BOMBAY SHANGHAI XFAMZI?ti7un,. r.?!"" aTy HA HOMG HAHO niUCN TIANJIN OINGDAO SHANGHAI XIAMEN fUZHOU DALIAN XIAN-HIJING SHI JIA ZHUANG DIRECT SAILING TO: ttttHAN suuxuimumr MUMBAI (BOMBAY) (CCAEW268 words
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Advertisement15 2002-09-26 34 KEEP UP TO DATE ON TRENDS WITH THE LINER SCENE FORTNIGHTLY ON MONDAYS Shipping Times15 words
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Advertisement227 2002-09-26 34 I BSA i MYANMA iBBBk, FIVE STAR UNE (Myemr N*ti«d Urn) VBSQ VOT $M m KM N» OW SMWI WW 54W SID HUM V3NW fl» M MAUTSIA: OOUSTtAO SMfPWG AMKCIES KIIL 03-*****300 ftL 03-*****101 PEN: 04-*****02 BANK LINE (A wrykt t» Wtir VT" NOHTHMXJNP TO EUHOEE V COfCIAMBt, ROKO, HUU227 words
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Page 37 Miscellaneous
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Miscellaneous122 2002-09-26 37 LEGEND: Issued by Meteorological Services Division,lTea K Thunderstorm A Showers s*\ Rain Temperature Cp/ Wind direction and speed in knots Weather w Cloudy Day U g2 u Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds 1 2m J—One half fleche represents122 words
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Advertisement28 2002-09-26 38 NORDsN 6 TO 10 HANDYMAX PAN AM AX BULK CARRIERS FROM SOUTH EAST ASIA EVERY MONTH. For enquiries, please contact: email: sindrycargo@ds-norden.com Tel: +65 *****235 Fax: +65 62.*****728 words
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